.?' 'VC- v " VflNIftG PUBLIC LEDaMl-PHiLADELHlA, TH1JBBDAY, StipfJBm 5?M Ijy 1 y' . j
NEWS OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK PRICES
I i
.Sound
Investments
Government
Municipal
Railroad
Public Utilities
Industrials
We hac for jour con
sideration a cty atttac
tie list of Sound lmcst
nicnts. We will send it
to ou by mail or at our
lcqucst one of oui lepie
sentathes will call.
P
WS.S.
&
Frazier 6- Go.
BANKERS
Broad & Sansom Sts,
211 E. German St.,
hila.
Dalto.
NEW YORK MARKET TO&E HEAVY,
OUTSIDE OF SOME SPECIALTIES
Late Buyers on Recent Advance Among Largest Sellers.
Oils and Motors Move Upward Rail
roads' Action Disappointing
High Points in Today's Financial A fit's
I lie Ant Yoik slock mniket uai ticai 1 oiilildr nt a far ijicilnlUci
Ulh mill motoii mined hiikik 'I heir nai i tint nt outside demand on
the Cinb.und that maiet.t iliis dull Coin iim stioiujii nttir li ieii)ilaitl)j
Cotton dtcllncd AifiiJ eidiitiifjc slioiiid fttitlirr iienkneii liar illici
iimnlntd unchanged in in )oik and London
New York Stoclis
High
47
314
Sill
l'4
Ma,
8"i.
.1!
fil'fj
M
-'i
PHorosw.s
PROPOSSI. Fl'1 MTHllI.S IIT
cinltititB im1 fliilpic OI11 e CJuartrrmn.
1-r General. 100 U 1(lli .1 New ork em
Sealed proposal. In triplicate will li" re
rWve.1 her until li o'clock noon. riitemler
19. 1918. for furnl.lilne poles and pin. .hei
ler tent, color .tatT. ronipletr elpe Iti.lB
nla. hook, and er 1 1 M-nt rlnu hrM
and hronie button" Information nn appli
ration at this omce I
2 '
U
l XI. MKET1M1S
I'niLADKM'HIA RXPID TRANSIT CO.
General OITlce. sth anil Dauphin t.
Philadelphia. August JO 1018
NOTICE TO STOrKHOLDtng '
The Annual Vcetlns of the Stockholder'
of the Philadelphia Rapid Tranolt Company
will be held at the Uenernl ORlce of the
Company. 8th and Dauphin at. . on Wednes
day, September 111, 1918. nt II SO a. m..
for the purpose of election of Directors for
the ensuing four years and the transaction
of such other business as ma come before
the meeting
The Record of stockholders -a 111 be taken
at the close of business on August 2H. 1918
Transfer books ivlll remain open
mu, wrxti ."so DUsiness will ne irnn.acieo on
Wednesday, September 18 1P1S The meet
Injr will be adourne.I to m et on llednes
inr. October Iff. 11)18.
It D SKLKIUDOE "Secretary
No orl(, So it ."i
The sIcplK mai kel rum fuilliii cvlilpntt- hi tud i s n ullnir tli.u tlie
(.onibincil 1jii Ihk whlih liail c.uili'd hIiiiik tlif lnlvk iiptxiiiil iii(ioinent
liad cffctttil It- puiiose .mil Unit the lnti'iists loiictintd in Unit niiue
ment liad tlNpocd oT the Kientel pan cif t licit ipct iiltttiv o lines (Jiititl
of a few specialties the maiket tone was lieaw ficmi tlie xlart, with i
continued supplj of stocks wliciu"t a ralMiiK tendeni was evident
and tit the end of tho da the leadcls Kenct.ilb showed losses of mnri
than 1 point
There was nothing In the win of news de tlopnicnts that toitld
h.ue been a. fnclot In deLldltiR this sUUnp, nnd the assumption was that
profits hail Brown to huch amuunls as to Inxlte lealliiiR on it Iar,e
scale There wete manj who "tailed onto" the inoMinent, buinp; stocks
like t'ultid States Steel common nt the top, and some of these lute bnv
ers weie ninons the heaviest elleis it tho lowtst luices ipathid tod.u
I'Pools were active In a nnmbei of sieii.iltks at Inlet vnls the inp
pel stocks lieiiiK Hindi prominent with Anieiktm Simkini: niovini, up
i to S034 iiiiunil niiliM iv bill losing most ol this kiiIn in i million In
the ifternoon n itotnla and ft. ill Coiiei aNo hid Inisk advancis but
then Rilns weie lost m the luti tiadiiiR
There was nnotbei bullish ilt monstintlon in tin oil Motks with .Mi
It ii ii l'cti oleum uniiMialh mtle and ;uh ;im ins mine than 1 point Lite
in thi dm tlie moloi stoiks wtie liken up with .Sluikbaker showing i
Bain of moi e than .' point" ind a slmilui upvvatd mov etui lit oicinteil in
(.eneial Motots with lessel ains In Chandler and "V'lllvs- ivei land
The talliiiad stocks acted in a disappointing maniii'i those stocks
shovvlliR a weak tone aflel a tonfeiente In Washinston betvMLii Dltictoi
.McAdoo and the lailwav managers
Uonds weie Benerallv steadv without inipoitant tliatiRts in tbeii
tiadlnR position The I.lbeit S's tatiKcd ftom 101 81 to 101 SG, the n
olid LlberU -Is sold at 84 40 to IM '8, and the 4'4s weie ttaded in at
9,". 0G to Si 40.
dv Itiuncl
do pief
Alaska (lltl M
Alaski Juneau
MilH-l'linl Co
do pref
ni Acr I'hcin D7V4
mii iiet'i .iiiRar 7t)
Am '.m i;
do pr f
Am Car S. V Co h;
m Cotton Oil 11
Mn I lido & 1,
do ptet
ni hit Coin
m let Sie
do pief
n Linseed
do in et
n l.oconiotlvc (IH
tu M nt ,, iH
in ineltliiB 8ii,
Xin'Mini Tob 1
Via Miel 1'drv 8.''h
111 Sllirai lll!,
ii' Itl Tel 0H14
m Tobacto HIJIh
m Wool .? 14
no nn 1 'n ,
1 in Xlm .v. L'd I1.
1 do pref ... XI
n itonda M)tn
Atililson . 8
do pref . 8in,
Halilvvln Lihii ill
Hallo . Ohio x;i,
Hirutt Co pf. 11)0
Ikth Steel . Km,
do I! 8B'M
do 8 p c pr Id IV.
llooth l'lsh Co Ji.
II111 ns Ilros IIKVi
Hut .V. Sui Cop ;nM
1 nl I'et iatm
do pr in 1,
Pieilii
Low
IfliJi
17
.I'd
n-
SI 'A
81 li
i.n'i
mi
1
80t
J0fc
811 H
l (
II 'i,
XI
II
:8
111',
lie.
Net
l'loe chge
ll1i 1
i;
.1'ft ,
SIM, n
84 y, A
1)1 V4 I
Wilt, XH
41 '
1)1 't
80-Jt ,
41 "s
21 "1
llll i
St "
DEMAND IS LACKING
IN OUTSIDE MARKET
Inactivity Prevails During
Greater Part of Day Aetna
Explosives Still in Slump
, New Xorlt, feept fi
"ratline: on the cutb was of a quiet
tJw" i waitliiR character with the lack of In-
Miifioc demand for the wat oruei stocks
I which had foimcrlv been pioinlnent
caushiK a hesitating; illejiosltlon ccner-
il
II
18'
111',
X(.
811 1 1
'fcl
t l'4
IIH4 lit
81
1081,
f)8
lilt
XI '4
OX
nN
XI
mi
8(1
811 1,
!)T
.X(l,4
llll)
8I'S,
8XV4
IOIV4
it
11-1,
jn4
.!ll'4
III
8IS l'fc
'(.
allv iji the Industrial Kioup nnd Iliac-
Itivltj ptevalled durlup the ereatei part
of the dav
Aetna i:nloses vvlilcb had a nhurii
I), advance after the placing; of the fJov-
l4'Pninicnt contracts with that companj
about a week ago, continued Its down-
ward niovement telllnir at in?. n,i
rlBht-lIartln which was supposed to
too
1)8",
I (II
XI"-,
'IX
i;ii
XI
ID"., " I,. , ' "., ... .. ""f""
una, in 1 "- i"ie nonuenui ptonts from (Jov
8tn
III t
I no
8K
yt ernment contracts was traded In dut
mp tne forenoon ftom 8 to S,
I Submarine Boat was stead) with
'sales at 18 and theie uno fui.
I.V I, 'I amount of business in United Mvtors
liJ;, n'at -!21 t0 3-'' Bums Brothers sold
18 Hi I .,,?
1 1 lit Jjeath fi')'.
I I llll (l(. I 'OSLO II '
BEARISH INFLUENCES
PREDOMINATE COTTON
Nciv York Bonds
Pronouncd caknc on Ex
change' With Prices 87 to
J 06 Points iSol Lower
y '
C
T.gnSl. ADXTRllgrAlFSTI
Vs JMTATl. OF XXII.UA XI R. 11XRNK,
tzS deceased letters of administration
on the above estate havln; been granted to
f the underslened. all persons Indebted to the
said estate are requested to make najmellt
T and those having claims to present the same.
,, without dela, to
& MARTHA S BARVES
4 Or to her attorneys
JERE T. CROWLEY.
XVII.LIAXI A ORAT.
' 120l-ia XVIdener nldy
IKS3 ESTATE OP IIE1.L.N R. HXtOS.
,, ls derrased Letters testamentary on
the above estate having been granted to the
undersigned, alt persons Indebted to the said
estate are requested to make payment, and
t thoae having claims to present the same,
, without delay, at the office of the Corpora
tion executor 400 Chestnut st , Philadelphia.
jusrrM i mj;vii";tj ana
THE PROVIDENT LIFH AND TRUST CO
OF PHILADELPHIA
ASA S. XX'INO. President.
Or their attorney Executors
THOMAS S XV ILLIAM1. Esq ,
BOO Drexel Bldt Phlla
F.STATK OF ANME XlcKlM.EY
deceased. Letters testamentary on' . nt .v.,,ria Dlni.a tlm liltrh noint
the above estate having been granted to the i . .
rt undersigned, all persons Indebted to the laid of Tuesuav
estate are requested to maxe pajment and while the price-HMnp; tiiu iitiiuiiuv
those having claims to present trn sime, ' ,. , , ,.f (be (.nllln a cood
without dela. to JENNIE SYVANN promoted some of tne t-eiuiv. a koou
mil N 31th st deal of the bearish sentiment was at-
r tiA5rEs,s,AsTlxvonTH i tributed to weak cables, further heavS
iltx.lHVe'nneld nidg 11-'8 rhestnut st I Bouthcrn bedsc selllnR and evidences on
I5S" ESTATE or JOHN s. XXENT7. de-' the weather map that Tews and Okla-
rea-a Letter testamentsrv upon , homa hid received pcneral rains over
the estate of John S XX'entz. deceased hav. ' n,;
Ing been granted to Fidellt) Trust Companv . nlgnt
and XX'illlam C Kent, all persons indebted Heavy western and Wall stieet li(Ul
i.v,"'dnX,t.aH'e..B!;:r"uiTi.,0.,?,"Ji?ldation. coupled with local and I.lve.pool
tho same to present them without delay et I selllnc laipely based on fears of price
I ov . p in
iX l, 'IX i,
''7 s 'IT i
V ,, S'l'
Sd't fin.
Ml Ml
7'ii in
7. I 7XT
vi s ;
s. XJ
tOTTON IIM.T Xll.XTIIlK ( OMMTIONH
NEXX XORK. ept .X lhe followlnc
teinpernture were recorded In the lot
Ion belt this morning;
Xlemphls. Nnhvllle nnd XX llinlnclon.
Oil Oklnhomn. n8i 1 ort iiiltli and little
Rock, 04: Xlmnn nnd xhreveport. 08t
Knnwllle nnd Tlioninsvllle. lot Siin An
tonio. Xlcksbiirg. XlontBoinerv. Xllantn.
(Imrleston and Jacksonville. "2t saviinnnh
and Tampa. 74t New Orleans. .8t Pensa
rola nml (lalveHton. 80.
There wns .01 Inrh of lireclnltiltlnn at
Xlemphlsi .04 ilt flklalioinnt .14 1 nt Knot
vlllei .30 nt Port Hmlthi .i nt Atlunta.
New nrlt. Sept S.
Bearish Influences predomlnatid at
the opening today, causing pronounced
weakness with first prices 87 to 10G
nnlnis net lower, equivalent to a break:
'7
if
llll
II
nn
the office of the sld ennlpsnj N
S31 unestnut st Philadelphia
. FIDEIITT TRfST COXtPANT
WM P OEiT. President
8J.X-XX1 (Jhestnut st , Philadelphia
THRETTORX- OF ACC Ol'NTANTS
regulations, broke cotton prices 207 to
;3X points during the late morning Oc
tober dropped to 32 IBc. December to
32 05c and January to 32c This rep
resented a decline of approlniatel 400
points from the high level of Tuesdav
The excitement subsided later and as
the market became nulettr price- rallied
on covering and Japanese buving Jap
anese interests were considered particu
lar heav bujers on the break some
estimates of their purchases ranglnr up
tn 40.000 Da es. cnienj oi uki
fJOST ACCOUNTANT specializing on manu.
faeturing costs Installation and reorgani
sation work, desires openings In a super
vising capacity, will Install new system or
reorganize your present one and train vmi.
"55lPiBi5J0 0B"a" " Address 41D LandTh, ,,,, to absorb the earlj offerings
and left the market more sensitive to
jbujing orders
Ilernara .M uarucn, cuairuiun 01 me
war industries board, announced today
that the board will appoint a committee
to study the present cotton r'tuatlon,
the problems of distribution, the
marketing of low grade cottons and the
desirability and feasibility-, qf effecting
a stabilization of prices ,s
Financial Briefs
V fTM.0-A T T.'ona T- ...
? n.c.t' '.th A;-B Leach & Co ha asso
&ff, cJted ,hlmse'J wlth the Philadelphia
? .-". "" iruai vjompany,
of New York.
1 30 J III
3d 40
X-esterday's Todaj's
1 close open g 10 W 11 JO
nlnher XX 07 34 00 .H I 1
Net Income of ixt)-one of the largest ?.".).h r Vl iii xi 7X XX n.' XX xo XJ 8X 32 84
teleDhone romnanles of the ennmrv i. I'-cm t) r it " ; ; - ,, ,n , , -
fiSSiA creased 1837.051. sf in sW 'i .i Jamjar, f . .. .-
RwlJarch over that of the same month the xiav 44 10 n Jl
-T . ' hafiro .(.mtnv 4n A... .. r - ...i. 1 O? .1 .?',
B.ji.0 f""' v.v. wV. u.,.a n. lifiuico UL in JUD "' "' -
ri3,-v interstate wommerce t-ommlsslon To
ft sW- lal operating revenue Increased 51.961-
Pftga 37. or 7.6 per cent TPe report shows
K'uVv iinti, mtii tur tne uiree inontns etid-
m?Ji Ini. .lt. tin .nV ,t-A -. 1 .- ..
(tv "nn .iAAii.ii me net uit-ome or tne
Liverpool Cotton
iternool. Sent. 3 Spot cotton
'-SI companies decreased J1.443 571, or 7 per
jjj cnt, compared with the same period of
V--S . 1S1
, K' 1 i " - "
HL
? . Perev A Ttorlfefeller Vine hn.n .1....
?S president of the United Metals Selling
3 Comnany, to succeed John D rtvan. vim
fjC resigned in order to devote all of his X, 'a middling. 25 90d
iiniK la t(er le't" m in. um.pnm.nt aj . . ... ,. nn.
.director of air service
was
oulet todav with prices weaK on me
basis of a decline of slt-one points for
middling old contract, at 25 27d The
sales were 2000 bales There were no
re. eints The market for ne-v future
t.mtracts was Darelj stead In the earls
dealings Ulo contraci spot i" icr
..... i.nerl.nn. inlddlinir fair. 27 19d
luanng :a.iu,
low middling, -'1 -'u goou orauiarj.
22 70d and ordlnan. .'2 18d
lllsh
$2U'iiiiii nglo-I ii n Xs ox
loono m roi i-ci us '17
loon Vmer Tel ."is 8'i
inuo Xtchlson gn 4s 80'i"
-0011 tl.ui Co 1, s Sil
-000 11 I It K o is 7 M
II 000 (l,i , I B 7i i4
80011 I! A. 1) )'s t
1.000 Hith Stl Xs ll SJ
-SOOO Blkll II 'li 7s 'IX t
J.'UOO Bordeauv lis '(7
lOOiMVnt Lea js 'M
1000 4 It II N I Ks mi
7000 C A. O tv 4 ' s 77
4000 do 4s 7X,
5000 do tonv Xs 81',
50000 Chi n S. Q Is OX-,
1000 do gen 4s 80
10000 C M&St P iv 5s 7'i
4000 do cv 4':s 77'
JJ000C It I&P rfd 4s t,i,
3000 rol i So l'..s 7T8
1 0000 rit of Par is U4&
8000 Con flas cv 6s 09'.
6000 D& K (i lfd 5s 5C
3000 Krlo conv 4s
ser U 4Sr
10000 do 4s ser D 52 '4
8000 do gen 4s . 51
07000 Krch Itepoi-s 100,'a
10000 H S. M In 5s . 20't
1000 do rfd 5s . 5lit
1000 111 en lfd 4s 77
1000 do 4s I'JXl . S'l
1J000 inter .lct 4i.H 50H
16000 Inter It 'I rf 5s 80'8
4000 Inter Mor XIi 0s 083,
3000 Jp nvv OK 4is Si)i .
4000 K C Tei 4s 71
149000 Leh Val wl 6s 98'
5000 Lvons f.s 07
3J0000 Libert) H11111I
,1'i.n 101.91,
jOOO do 1st Is '11 81
114000 iln I Us OX III
-.18(100 ln ill IH '11.18
11000 do i.t I".. 01 on
5000 Mai Is hs
20000 XI A. St I. Is
1000 Mldvale us
19000 Mo IMc gn Is
2000 V V Mr Ilk 6
26000 V Y C & II f.s 94 it
1000 XX- Cv l.s 60 94'
1000 do 4 Us 63 100
H0O0 X V X II "$ If
cv .T.s 60
10000 do Ji.s 54 1 J
1000 X V Ttv 4s 47
5000 do 3s 19i.
5000 X Y Tl gu li.s S3
1500 X Y W C & B
41-s 3!
1000 Xor & West 4 80i,
COOOXor Pacille 4s 81
2000 do gen 3s IS
4000 Pacific Gxs 5s 78
1000 Pa gen et 4'ns 87 H
B0O0 Pierce Oil '24 84
lOQOrtead'g gen 4s 8J',
23000 Itep lr . S 5s 91 14
36000 Sine Oil w 7s 97
26000 StL i. KF in 5s 54
COOOSt I. &. S P
Sr n 5s 71'
4000 San A & AP 4s 15
3000 Sth Pac cv 5s 11 Ts
1000 do cv 4s 78 "
13000 Sth Hv gen 4s 01
6000 do 5s . 88",
17000 Third Ax ad 5s 31
11000 l S Hub 5s
5000 1' S Stl s f 5s
12000 Pn Pacific 4s
1000 do rfd 4s
234000 U K of G H i
I 3'is 19
125000 do 3j:8 n 19
272000 do 5!.s 21
8000 West Md Is
2000 West Un 4'-.s
I3U
87',
IS
98
80',
98 '.j
SI 1.
)ix,
SO
7' l4
77',
1,9
7 1
''4'
991,
XO
48'.
5-'t
31
90,
201,
52 1
1 1 '8
89
50
801.,
98ij
SOU
981.,
90 ',
101.81
14.8 i
!IX 00
11 Lin
1)4.81
''7
4X1,
87
58
98
11',
94G
100
(,'
47
'll
S3
801,
81
5S
78
87',
84
SJ'h
911,
'7
531;
78',
62 3,
88 ,
80S
98
87
9'U,
I'll-
3'
81L
i'i V.
9I.,
581.
Slt
81 ,
91 18
80
7'ia4
"U
h9t,
7134
9 4'',
99 lt
56
181.
5JH
51
100,1,
J0i,
591,
778
89
-01,
801,
'S3,
SOL
71
98,
'.H.'s
llll 8I
01 Hi
HX.SO
II.JB
91.90
'17
4X1,
87 34
XS
18
14
It's
100
Oil
Ii.'
17
l'l'.
S3
XI
Sni,
81
XS
78
S7'n
81
SJl,
11U
97
53
71U
51
91
78
02
88 3,
31 U
80
98
87
79
99 V,
993,
96 3.
H.l'i lfli'4
')
s;
X8X
landlei Xlot
1 lit & Ohio
( hi (It West pi
1 In M A. M I'
(In Pi
1 hi .V. Noith
( li I ll Pat t
iln ) pe pf 08",,
' ISI&P 7 i( pf Sl't
1 lillo Coppet Hl'4
t'hlno Con Cop mv
1 ol l'utl Al lion 18
Col Cas A Klec .IX S.
( ol South ' 11
1 onsol tins
Coin ProdULts
Cuiiible Stetl
Cuba C Sngir
IHti & Ulo (1
Dome Mines
Dlstilleis Sec
Lrle
do 1st 111 of
Pert XI &. S pf
(laston "Will
(.in ig Co
t n I. lee ( o
(it 11 Motots
(Un Xlotois lf
(ioodrli ii II I
do pief
ili.inbv XI In
(It irth Pf
(51 Noi (He sub 31's
lit 1 eneC (op I
tSulf st Sli'l
H.f-kell .'i Hki
1 lltl gii pf
lnsnii I oppei"
lnttr-( ons Cp ',
do pttf I I'i
Int Mei Mai 18
do pi 10. "t
Int Nickel 111',
Kan Cit South l!)'i
KinniK t Cop .14,,
Llll SI eel 8X
LclllEh Vnlle.v (ICh
Lee Hub Tire in '
li-XX'l Ills Co 28
Lorlllird P 148
Mixwell Moloi Jl',
do lt nref . .X8"4
Me Pttrol 104'i lot
88'
XT,
i'.'s
XI
81
0X1,
0 I "j
4 3 14
00
31',
I 14
in.
x;i4
in',
.11 V4
II
!1X
411 'St
117', 1
I lo4 1
7.4 'h
III'..
1 00 14
81
DV,
HI i
X',
tli'H
.X4 '-..
II
iX,
iox
ni
1111 '4
mi
II '4
88'
.X8'n
1'
-I
I-.
Oil stocks weie alf.11 rmipt m tn, r,,n.f
Intetest attached to Stanton Oil
Mining stocks were tpiiet with a lit
1 tie attention attracted to United Verde
extension, which sold at 38
I Philadelphia Stock
High Low Close inge
28 Am Clas . SI IH 1 .,
4-Am Mill 11 II 11 '
1 Am rtvvjs
pref.. JO1!, "', "'' V
lOOAIIls-Chal 36 ls &-
10 Cam lion 30 31) SO
187 Plec Stor. 64 M 4 -I Js
17aen Asph 31 J4 l '
IS Leh X'av. 0J i 0'4i Ji
4 Leh vnl . !(, 01'i Ji J4
884Pennaim 4 4J4 4 I'i, 44'(, A
no Phiia nice 2 xjfc 2.x 2x
305 P P.T t c 21J4 !'V4 27H .
30 Heading . OIJ, DIV4 0IV4 J
30 Ton Bel 2 (J lit U
IfiflTon Mill 2j 2X4 ),
I8X P il T nx Bl", nx
!) P 8 Stl llll", lift, UPS.
Kill Win IS. S 8J4 8'4 8'i Jn
!1W LtsS II 4 1 4 1 J IV4
IIIIMIS Net
High I ow I lose ( lue
$101) Alii L'as A.
Clec 5" 80 80 80 r- 1
.100 LI i Peo
Tr 4 s 9 ') ill) '4
iOOO Lake Sup
inc. 5s XX XX .XX I
3X000 Leh Val
bs vv I 98 118 iE 118 V4
3000 Leh 'al
Coal 6s 0 's
1000 Lib Bonds
3'fis 101 no lol.Ai) I01.no
noo do Jd 4s 4 10 1)1.10 04.10 .BO
2500 do 3d
4',s OX. II 11X08 IlX.li .71
2100 Phlla dec
1st 5s OX 81)(), OX 31,
2000 W X X" A.
Pgen4snx'2 no',f, 03'4 'i
I'e
I MM sritl l,s
X I
HO
'IX
ill'l
118'..
HI',
IB",
10".
47',
IX',,
'10
4t'
118
.lll'
4 'A
11
.xm,
in v,
31V4
11
J0V4
40
17 ",
78r
in Vi
no 4
8!
0 1' '1
tl
II'h
xn,
4X',
tli'H
XI'.
7'4
Vettia Kxplnsives
Vmer-Krillsh XI fg
'j Am Mrrcniil
Xniei Wilting I'apet
's Ii deduction
Canitlinn c.u Co
'i Can Cat K. Kdv pief .
', Charcoal lion
' Cheviolit Milois .
IX, Cramp
'm Curtlss Aeroplane . .
I Cirvven i00i
J- ', Carbon Steel
tl' '' 1 merson Phonogiaph
(18 't. ' . I'ederal Dvc.
jii'm ' Hendee Jlfg
I '4 I Lake Torp Boat
0 '4 '4 Lehigh Coal Sales . .
.X7 Lima Loco
", I Maxim Munitions
- J4 Marlln Arms
- '4 X Y .Shipbuilding . .
- '. X01 Amer Pap Pulp
V4 , Otis Plevatoi
- '4 ' Peerless Motor
7 I Poole Png
"d I Redden 'I link
', Scrlpps-Uooth
J4 Standaid Jlotots
-I I Steel Allojs
- "1 ' SubnXatine
- ', St loseph Lead. . .
- '4 'I odd Shipbuilding .
- ', Ttiaugle I'llni
1 Pnited 1'ioflt Sharing
- 'j I S steamship
' 1 1 nited .Xlotois
' I XVoild s I ihn
', Wrlght--lainii Air .
V .inc Concent
nx ',
xl',
in",
ion,
I7'4
IX',
'III
tn'4
n'4
11
J9U.
40
117",
no
78'm
1(1 '4
ion '4
X!
II',
.11
ll'
Xfi,
IXi,
ni'
-.4
I lid
10
3
4
no
10
80
7J4
I2H
70
33
n
118
I
20
1
84
41
14
84
4X
47
I.X
40
20
12",
4
18
14
(IS
0'
X2'
Vs
1(1.'
i("4
I9'4
.14 '
xx M,
m
i0
iX
148
im
17 n
Miami Con Cop 2') i8
Mldvale Steel .X4 51
Mo Kan .L Tc il'i " 5,
Mo Pacinc . . 2(1 2.Xi.
do pief . xx ji .X8V4
Xat Con & S in HI
X-Ul i:n i- S pf .Xi'Ki "it
Xev Con Cop 11 i0,
X X Alt Brake UX li4U
V X' Central 70 X.XVi
V T V II ( H 4XH 1.1'n
X Out .c ii', il
Not Pacific ll 0;
Xoxa Scotli Stl (.7 06
Ohio Gts .181, 38
Pan Am Pet pf 9 1 01
.... ....
10!",
2 9 i
19
14TJ,
8XJ4
01
10
!8
148
!7'4
.X8
104
10
Illinois
Ohio .
Prairie Pipe
S O Cal .
S O X J . .
S O X Y ...
M NIRI Oil
. ..14
304
2.X8
.J14
.320
.258
lei
sk
II
H
I".
I'i
10
40
00
8 V
1X0
81
JB4
X
13i
Js
2
30
87
411
00
47
'1
A!
17
no
11
18
n'4
,x
18
14",
01
V4
n
1!
8
1.XO
.108
20!
218
5I.X
20!
(snle
1 1
lt
4'
l'HILA. UNAC'JIVh .STOCKS
Pollovvlng ore tiuolutlons for Inactive
stocks listed In tin Philadelphia Stock
exchange, and In which llicie wcro no
transactions lodav Tho pi Ice given Is
the last pi ev ions eio'-c s.
IH',4
(1
1!
2IX
318
1
-I 1
--1 'h
'4
5
ixw ",
3 8 "4
in ',i
,X!
20X4
121
' ' " ., sequovah
4. ' Sinclair
INDEPENIir.NT Ol
Barnett Oil A. Gas... f,
Cosden A. Co. ... 4
i:ik Basil- r.J
Pederal Oil 1
1 Inter Petrol .. .. 13',,
I Houston Oil 7
I Merrltt Oil 4
I Mldvvet P.eniilng . 110
Alet Petiol tJi
I Ohio Fuel li
Oklahoma P.ef . .
Sapulpa P.ef . . -.
w.
STOCKS
n
13J4
80
23
111
1J4
17
'h
0
0'4
IVA
Pinna P. II
P10 Gas & C
Pierce Oil
Phllt Co
Pitts A; West
Pills Coil
Pte'sed SI Car
Pullman Pal C
Itwv '-tl Spg
Uai Con op .
lleidlng
Itep It X. S'teel
'aliinnl A I.
shittuelv Ariz .
slnclxlr Oil
Sou Paclth .
Southern II II.
do pref
studebikei
T C & C vv 1
Texas ( o
Tob Products
Union Pacific
14 "4
I
ll.'i
29
injf,
XI
V4
44 '
4X
m',
29
IXi,
.xn'i
1
1 1 1 '4 1 1 1 1 1 1 '4
00 '
07 1
38
01
44 4- Vi
40'i.
in',
10
3X
X0'4
il
Teik
'4
19 X,
if-
on,
0J4
ns
!P
on '4
111
08
21s
91 "4
01
1.X 14 LX",
31'fc 32
88 87
i7 20
no n8
4ny 44'4
l'' 18H
1.X0V4 158
7JV4 71 7!
HIV- 12n!. 127
t' fli. Mores 104V. 10114 101'4
United Prult .H1J4 HI 184,
P S III Akohol.121 12! 12i'i 1
P S Rubber .. 63J6 03
LT S Sm & llet. 43J4 4 1J,
U S Steel .. .113 113
do pref ...110J4 11"
Utah Copper .. 8X 84",
Va Cai. Chem . 54 34J4
Wabash . ... 0tb 0
do pref A . 40 40
do pref B .24 24
XVest Marvland 15 lXJi
XX'est Union Tel 8X XX 83
Westing Mfg 44 41!, 4 1
Worth P & M 07 flou n7
Wheel ,L I. U, oyt O'A 0
White Motors 40 10 4 1
Wllhs Overbid 20 . 11) 20
0ERNMEiT HOM)5
llll
registered 1030
siim
Atlanta
Big Ledge
Butte Xew
Con Arl!
C P s S. Jeiome
Phst Xational
(ioldllcld Mergei
GoldfWrt Cons .
Gold! eld Florence
Goldlleld Kewnnas
Green Monster .
Hecla Mining . .
, Howe Sound
? Independence Lead
,. Jeiome Veide ..
Jim Butler ...
- I Jumbo Extension
," 'McIUnley Darragh
,7 1 .xiagma copper
8X
4BV4 - :
11' . Xr.. n.ln lirnnrlor
- -OT I .c: itua Muv-
1.'? ?? Xinisslng
Ohio Copper
Bay Hercules . . .
San Toy
Stewart
Tonopah i:tenslon
United Verde
West End Con . .
X hlte Caps
Yerington
BONDS
in 1
STOCKS
4
Acme Tea pf.
Amei Milling
itlll Jlvvvs pf
A C. war.
Alllanie Ins
Am Store
Am Stis pf
Buff . Sus. ..
Catavv 1st pr
Cataw Jd pf
Con Trac .N J
i:rle
Ht & B T
Ht & B pf
Key Tel pief
79
11
60
1
19
JO
12
Leh Val r
Leh Vnl T pf
Lit BrotJiers
Little Schuvl
V .1 AV S
Noi th Pcuna
1'a Salt Mfg
Phlla & XVest
20
i7
21,
48
89
86
81
6
LOCAL STOCK TRADING IS QUIET;
PRTri? ri-TAiVr'T?C TTTMTlTDr.T?rrATVrTr
.,
Pennsylvania Railroad Is Active Leader Philadelphia .
Jiilectnc 5s Make bensational Advance and
W. N. Y. and P. 4s Are Strong
Stock ti-ndlng; was extremely dull nnd genciullv unlntctestliift on tht
Plilladelphla exchange today. Outside of Pennsv lvunla llallroad .which
took the active leadership, and United States Steel common, tinnsnctlon't
were ncaily all In small, odd lots and pilce changes were in most cases small
uini iiiuinportunt, . ,4
Although I'cnnsjlvnnla Halltoad at one time was sllghtlv above estfrTi
da.v'a llnul notation, the inajotity of sales weie nt 44U, unchanged, at which
level theie was a good demand, while .Sleel fnnde a small gain nfter belnR
low ev. .
General Asphalt came out In small volume and reacted 1 point, American
Hallwais prefened lost . Lehigh N'axlgutlon was sllghtlj lower and,
Pulled Gas Impiovement diopped biu k a ft action. Anietlcnn Milling ad-
vanced H, Tonopah Mining n tillle and XVest Jersey and .Seashore, follow-
ing me iienti ot rails on the nig board because of the tepoit of Dlrcctfir?
(..enetai .xictxaoos approval or the contiacts, was stiong, ailvnnclngl
points. Heading also moved up a little, hut was slow ,,
Cambila lion, Philadelphia Hlectilc and llapld Tianslt trust eel tltlcatcij
held steady and were unchanged virtually all throilgh the session, w.ltli lltQi
Inteiest being attracted to them because of their limited actlvltj. ' .'
Philadelphia Electilc first us and WesterA-Xew Y'ork nnd Points lvanla
general 4s atti acted Interest by their good strength, the former ndvnncinSs:
5 pet cent and the latter 3 per cent. The new Lehigh Valley 6s w. t.
vcie uulte active and advanced at one time to 98f8. later helling unchangeiLv
Libert Loan Issues weie slow-, and, outside of the 3s, which held.!
steadv at 101 60, unchanged, the weie luegul.11. (
X4
hRi
11
in
17
47
I'll V Bk wai 125
Un Co of X 1. 182
. W I &. S S . 40
, XX'est Coal... 70
v Xork riwys. . 7
X'ork Rys pf. 31
MONEY-LENDING RATES
N I1XX 'OllK Monev on call, mixed
tollateial, opened todaX' at 6 pel tent
for lending and lenewlng. On lndu
tilals, the opening tate was 6 pel tent
The situation in lime money con
tinues close and rates are largel nomi
nal nt 6fn 6 '- per cent for loans of slt
davs to six. months on good mKed and
Induslilal"
Prime bank accepcinces ale slow at
lccentlv luling figures
Pi line mercantile paper Is quiet at 6
per cent, the minimum discount llguics
I'HII.MIUI.IMII Call 6 percent,
time 5 I1I1 pel cent Commeicial
papei, thiee to sl months, 56 per
cent , six months o pci cent.
loxnox Monev is n.uolid at 1 pel
cent. Discount rate, shott and thiee
month bills 3 17-32 pel cent
1
U 48
.
1 '
1 I
IX",
11
H8
Mother Lode
1 Mines Co of America.
1 Xevada Hills
n.i
43 '4 -t Vt
114
lit) Vi
84 J4
34'4 'i
9 n
40 '4
14
1
1 9
70 2.1
0 U
v ' V.
1 4 4
4", 4
i 4
,' V4
31 38
0 II
I! 45
30 3!
31 35
1 U4
1 4
"
8 8
1
4Ji 4
7
1 f, i
37 38
1 W.
in 17
2 4
411
IX
.10
35
II
4
7J4
13
Bethlehem Cs
Cosden Oil 6s . . .
Cosi'en & Co Cs . . .
" Cud bv 5s . . . .
,. Russian Goxt 5s ..
.7 do 6s ....
f Southern Uailvva 5s.
Sinclair uu h
TJ. Todd Shipbuilding 6s. 100
"r 4
901)4 100
80 83
80 - 83
07 07
57 88 J4
At 03
88 98
80 83
1U3
58J4
62 J4
FOREIGN EXCHANGE
New Xork. Sept. 5 Xeutral ex
change rates showed further declines
In the early dealings today, xvhlle Al
lied exchanges held steady. Business
was of limited ptoportlon
Quotations were:
Demand sterling, 4 75 7-16, cables
4 76 9-16. Sixt-dav bills, nomluall,
4.73, ntuctv-dav- bills 4 71.
Uranc tables 5 46 checks 5 47
Lire cables 6 35. checks 6 36
Swiss cables 4 44. checks 4 45
Guilder cables 43. checks 48
Pesetas cables 23 45, checks 23 23
Stockholm cables .13 20. checks 32 80
Cbrlstiania cables 30.70, checks 30 30
Copenhagen cables 30 40, checks JO
BNK CLEARINGS
BunK clonrlnfff" torla compared ith cor
rMpondine da Iat two Mars,
MIR Ml 7 M1
Phlla . $71022 027 " 1" tmn j ii iao -nn
HoKlon 14 Drt2 fl2rt 42 701,701 27 R70 002
V ... fi .4 OfiS 77 fi71 771 fill 500 3J4 24R
naltlmoro 11 807.017 fl4fi "It 7 'H8 "B"i
Trcnrli Bank Statement
I'jirU. Spnt. r. The MeeKlv statement
of the BinU of T'rnrico 1iour tlie fol
low In t chances Hold fn liand IncienRerl
7fiR ooo francs, siher in hand decreased
I 000: notes In circulation increased
20.1423 000; treasury notes Increased
0(l 111 000 : ppnpral deposits decreased
00 140 000; hills discounted derrenspil
11,457,000; adances Increased 6.9G7.000
Local Meat Market
Thi follow irnr report of th frsh mit
r.Td In Phlladtph!a i furnlnhd lv th
'oral llPsock "rd mepf offic of the Hurean
o Ma-k4ti United States Department of
JTltr
rnnsii unKr BTeipts nheni, pood h"f
arpp market stead to a shade easier, de
mnwl hint fair.
STPKUS UerelptR liberal market alow
it 'o o $2B demand lust fa'r
TOWS necelotn Inrrpaalp nuallt'
noorer; market weak at $10 to $21, demand
stow
VKATj Rece.ntd HbTfll. mot'r h"
4al. market steadv nn choice at ?7 to 0
othere alow abound $1 lower at $10 to $24,
jpmond opIv fair.
POUK Perelntf modera bu'V medium
nd esv frozen loins at $3"i to $16, market
( dv demand fair
TAMR Rereint liberal roinmnn Mnrta
nVpttful. rnwket weak and Irregularis lower
A nt n 2R. demand poor
MTTTOV rtfeWta mn.1rte market
.i nt 1 to 24 d-mand Ileht
The Federal Hesere Bank has been
W-tjz inairuuiea ay me ireasury to withdraw
Efti loan payments held b the banks as de
BV cos its to reach thn RPHPtna rtatiir hi
ftt'iEJlfoV0- Theca""J proximate .kVa
A4 ,
Albert n. Murphy, of this city, who for Northern star
his bravery In the Hghtlne near Fis- rcu. Bila
iiicviu, miu nuwiinco lur iea.urrnip, was West Knn
I.OCVL MINING STOCKS
TONOPAH STOCKS
VlllluBV
Mlzpah Entenaiou
tHA
r
$m
is" ,
promoted to sergeant on the spot, was
formerly order clerk In the hanking of
fice of C. D Barney 4. Co He enlisted
in me ixin uegimem
OOl DKIELD STOCKS
Vtlanta
IllUf Hull
llooth
mamondfield II B
Daisi
Kenanaa
Hani, of England Statement
Vi l lndon, Sept. S The weekly state- Oro
Tflent of the Bank of England shows the batidntnrm Kendall
A -J.rouowine cnanses: Total reserve de- " '"- . . ,,
Increased, 597.000; circulation increased MIHLBI.LANEOl'Si
V yT ,: ounion increasea, 1388,033 , tIzoiim United
i owcr securities aecreasea, 13b7,uou , Nevada n ohqt t
.''"poblic deposits Increased, 2 094 000. Tecor Allnlnu
c;! other deposIU decreased. 4,384,000 J
,nptes decreased, 611,000. Government
Urecurtles decreased, 1,288,000 The
-,.,, nun ui v.ii. nai.n a icocitc tW lie,
tjiiuy mis weea is ii ta per cent, last
'Iweek It was 17.16 Jier tent. Itate of
f discount Is 5 per cent
X.r
S,
tI.l AJl.
4
,30 12
0". OT
0', 07
111 If
0-, 07
10 12
1 1'.
s
01 0-,
III II.'
in ni
oj n
(It "3
0.' 04
01
111 01
oi no
IH 22
'. 11
.1.' ID
DIVIDENDS DECLVRED
? NEW YORK BUTTER AND EGGS
l
M
Ny lork, Sept. B nUTTEIl lUcelpt,.
11 tuba. Market ateady Kxirai. WK ii
mi hlzher acorln. MtrSlWc. nrsta. 4714 ii
rWikt: wcond., 44H47e: SUte dairy, 48Vi
i iSWc: Imllatlon creamery. 40941c.
;T JKICIS Itecelptl 32 803 calea. Market
tmUtkaAv. White. 82687. OtLer Quotation.
, ;'chanfil.
r .
rtCHICAGO BUTTER AND EGGS
'eUe. Kept 8. ULTTKn Becelpti. 10,
tubs 4iau cnt nisner. extra cream
. ,,l.e.
JS IteceiPia. ,,, la caaea.
r. Extra Ori. iutmv,c.
tr
BAR SILVER
ijt
i Tiuiar Tea Thura
H&M& f.plii t.ut' J.I'
t, t H Wl -,fi
" i i
tt
American Woolen Compani reeular ouar
terh of JI 7.'. on nreferred and JI i fin
(onimon na able October 1.. to atoch ; of
record beplember 10 Pooka clo.e September
lb and open September 27
Wyllla-Overland Company rearilar nuar
terly of H per cent on preferred payaWf
October 1 to boldera of record of (September
1 Sheffield Steel and Iron Company regular
quarterly of 1? per cent on preferred, pay
able October 1 to hpldera of record Septem-
"lontiomery Ward t Co . regular quarterly
of l, per cent on preferred payable Octo
ber 1 t" atock of record September 20.
Old Dominion Company, quarterly of SI a
ahare payable September 30 to holders of
record September IT.
tTuett I'eabodj & Co. quarterly of 1.
per cent on preferred parable October 1 to
atock of record September 20
Baltimore Tuba Cumpanv, Inc quarterly
.. t T nn fnmmnn and nreferred. both
Half cent poable. October 1 to atock of recjrd Sep
l .i. inl!, South Henri and Sauttiern Hall-
J road Company, aeml.annual of 1 per cent on
omtnon and Si .Per reqt on preferred, pay.
,hle Heptrmber 111 Hook, cloae S-ptemtrtr
- lIR jo mat reopen September 17,
tft.h Iam "-.""... j v.ll.u r.sht
....... ...
Wi 1
t
l.UEaTOCK yi'OTVTIONS
( hlc.uo. "ei.t " llou'. Itetelpla JI
000 ead Montl .'n low el than vesterdaj s
average falrlv active at dectlnps lutch
era 1UIB-, Usht tin '".J0 packlns
118 25.tll roilKh 17'iililS, pica cood
and liilce 118 J1S IS i.".
CATTI.K HecelDU I'nuil head Native
ateera steid) to strons western atrone to
hlaher Ilutchers stock elow tending lower
calve. fUron
SHBEP ItecelnL .'4 000 head Tat
clasaes alow to l'ic lower feedera steady
South Omuliil. Sept 3 HOGS Receipts.
r,A0O head Markets ateady to lower. Range,
llll Bill HO
CATTI E Receipt. 0100 head
SHEEP Receipt. 25 000 head Car. 424
hanta Cl), Scpi ! CATTLE Re
rtlnt. 7000 head le.,di
llOtl5 Strong l"c higher Speculator,
top 1.0 1-,
SHLEP Ileteipt. 7000 head Mow
riltklilirgll. ept .i IIOHS -Receipts
iroo head Higher lleavira J.'O .'.', fi .'0 1",
heav orker JJIHt.'l in light jorkeis
20 50ft JO 71 Pig. J0 J12(l SO
SHEEP AM) I.AMIIS R-celpl. 300 head
Slead Top .beep S13 lop lamb. $17
i AI.VB4 Receipt. 000 head Lower
Top 119 30.
J.
, ,innmi llltl
3 resiatereil 1018
I. coupon 101R
Ifi registered 1025
4h (oupon 102
1. registered 1940
t coupon 1940
I'linim Js registered, 1010
Panama - regiBtered, l'l IS
Panama 3s registered, 1001
Panama 3. toupon
lis
n,
9,
1001,
st
M
IIS
IS
',
S3
3 TATTI rt Re
Calves Receipt.
r.ait IliifTalo, epl
etpt. 12'i head MeRdv
1011 head leadi J7rJl
HOOta Receipt, lion hcjd Mow and
lower Heavi J20 ,-.ii20 71 mixed and
vorkera JJOOOdJl 10 light yorker.
JJO .10WJO 71 nlga, JJU 50 roughs. JU 73
18 stags J12W15
SHEEP AND UAMRS Receipts, 400 head,
bteady and unchanged
NEW YORK COFFEE MARKET
New York, Sept 5 The market for
coffee futures opened quiet this morn
Ing, with prices unchanged to 14 points
lower
Yesterday. Toda a
cioa. opening
.10 h 50
I
l'aris Bourse Quiet
Paris, Nept 5 Trading was quiet on
the Bourse today. Three per cent
rentes 04 francs, 10 centimes; exchange
on London 26 francs, 10 centimes; C
per cent loan 87 francs, 95 centimes.
National
Security Bank
Philadelphia
EXECUTOR
OIIABTEBEU llll
TBDSTKB
FIDELITY TRUST COMPANY
Capital $5,000,000
Surplus $16,000,000
Main Office: Broad Street Office.
' 325-331 Chestnut St N. E. Cor. of
43-53 S. Fourth St. Broad and Chestnut Su.
ADMINISTRATOR a0BDLsJ
(13)
jgvTir y
Tradesmens
National Bank
431 Chestrfut St.
September
October
November
December
JanuHrj
February .
.March . . .
April .....
May ......
June
I?.? Springfield Railway Ught Camnkiir. .rer-1 '" ;
n'i ular ouarksrly of If. on preferre.lApayabT' Ju , ,
' j 0obr"l fepWei. p record 8epleB.bj.ui, -jld. .
h 01
t Ml
S 111
0 IIS
JJ
0 411
ft All
B fll
fl.tt
11 7J
h 111
U.30
t 40
9 00
Condition at close of business
August 31, 1918
RESOURCES
Loans and Investments $7,529,869.3(1
Due from Banks 305,347.76 "Strength and Service"
PvnhnnirnK 4Tm Plnnt . I "
ing House 127,490X6 j
Cash and Reserve 1,051,188.64
$9,013,896.06
LIABILITIES'
Capital $250,000.00
Surplus and Net Profits 1,279,011,34
Ciiculation 246,900.00
Deposits .? ,. 7,237,984.72
19,013,896.06
I, HA1UT.K I) It IP PI. I're..
OEO. KK8SI.KK. lrr IT...
UCrORT OF CONDITION
At the Close of Business August 31,
KKSOURCKS
TwwsceffHvfcnuavw
The Market Street
National Bank
OF
Philadelphia
AllKlIM 31.1, t'HH
RESOURCES
Loans nnd Inxestments . . $1J,890,1Du 55
t'ustomei ' Lluhlllt under
Acceptances l,5Jl,7S8 Bl
Due from llanl.s . . . 2,651,070 'I0
exchanges for ("leiuhig rioue 430,807,67
Cash nnd He"-cie 707,527 07
$18,309,324.69
LIABILITIES
Capital Sloik . . JI, 000 000,00
Surplus and Net 1'iollts . l.fifin 84.1 fij
Miiulntlon . 607.000 00
Acceptance under Coiniiierclal
Letters of Ciedlt 1,515,776 51
llllls 1'aj llilo 'wih I'edu il
llesete Hank . 6OS.300 00
Liabilities fot IJpdNcou.its 1 Ith
Tedetnl I!esete IlanU 70", 772 20
Deposits 1J.2J0S.I2 27
$18,309,324.69
W. I SINNCTr, Cashier.
First National Bank
of Philadelphia
315 Chestnut J5treet
Condemed report at close of butiness Aug. 31, 1918
RESOURCES
Caih and Reserve '.-. $3,134,296.33
Exchange, for Clearing House 1,614,424.68
Due from Banks 7,598,595.22
Loans and Investments 32,994,175.51
Interest Earned but Uncollected 135,003.72
Customers' Liability for Acceptances Executed.... 546,620.58
Total $46,023,116.04
LIABILITIES
Deposits
Capital
Surplus and Undivided Profits
Interest and Discount Collected but not earned.
Reserved for Taxes, Interest, etc
Bills Payable (Federal Reserve Bank)
Acceptances Executed for Customers
Total
. . $37,325,192.18
1,500,000.00
2,034,514.57
153,920.28
210,178.02
4,252,690.41
. . 546,620.58
$46,023,116.04
M M. A. l.. I'reildenl
Ki:1() 11 MINK, lire President 'I1IO'-. . AMllll.H, Cn-liler
1RK11 II. SMIII1R, lire I're.. 'll s. II. .1 VMI.s, .cs'( nshier
HAKK i. IIAAi. ire I'resldent CAltl, II. CIIAl'l I.ll, Ass't Cnsliler
F. W. Ajer
Limn. X. Child
Inaeph S. CI "irk
U niton C'lnrl:
CjrUK II. K. CurtU
DIRECTORS
I ranklln n'Oller
141111am V. Gent
sdne Ik lluttliln.oii
Ik ('. In In ,
I Ulnsston" I-k Jones
milium A. I.uu
Ju.epli II. -McCull
1 red'k JllcOnen
1. llenrj .Stutlersiiod
J. IV. Ann Djke
1918
Loans and Investments
.$13,0:8,705.26 1 B
Customers' Liability under Letters
of Credit and Acceptances .... 3,073,065,41
Due from Sinks 1,886,170 27
Exchanges for Clearing; House,,, 130,866 54
Cash and Itesere 1,020,008.11
$19,147,815.59
HOWARD A. LOED
H. D McCAnTHT.
Vtce-Pres. and Cashier,
ED1IUND WILLIAMS.
Ai.t. Ca.bl.r.
S. E. OUaOBKHEIU.
A..t. Caahltr and VJtt,
rarelsn D.pt.
I.IADII.1TIE8
Capital
Surplus (Earned) ....,
Undivided Profits (Earned)
Circulation
Letters of Credit
Acceptances
Acceptances of Other Banks
Sold ......
U. S. Bonds Uoriowed. . . . , . ..
Itedlscounts
Bills Payable to Federal Itesene
Bank Account II. S. Certificates
of Indebtedness and Liberty
Bonds ....,...,..
Deposits ,,..,....,.,
.500,000.00
1,000,000.00
235,421.96
496,500 00
1,588,574.84
1,484,490.57
100,000 00
490,000 00
.920,000 00
1,995,000 00
10,327.828 ::
r vrx
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, INCORPORATED 1803
THE PHILADELPHIA
NATIONAL BANK
Philadelphia, August 31, 1918
RESOURCES
Loans and Discounts $73,991,117.38
Accrued Interest Receivable 146,516.93
Customers' Liability under Letters of
Credit and Acceptances 12,295,721.55
Due from Banks 33,434,402.01
H Exchanges for Clearing House 6,324,583.82
I Cash and Reserve 12.548,728.16
$138,741,069.85
LIABILITIES
Capital Stock $3,000,000.00
Surplus and Net Profits , 7,315,817.38
Unearned Discount 472,621,30
Reserved for Taxes 173,021.93
Accrued Interest Payable 9S.895.31
Letters of Credit and Acceptances 14.S75.631.41
Acceptances of Other Banks Sold 912,000.00
B Notes and Bills Rediscounted 7,265,860.00
. (Individual $61,163,603.27 .
DepOSltS Bank 38,707.639.25 v
I U. S. Government 4,755,980.00 104.627.222.52
$138,741,069.85
T.KVI I,. RUK, President.
CHARLES I'. I1LINN, Jr.Avire Pre.. UM.IAM S. MMWOX. Vice Pne.
HORACl: FOKTKKCITK. Vice I're.ldent and ('adder
8TKP1IEN K. RUTH. At. 'Cashier J IIKRTRAM KHT1I. Auditor
FIIWARD H. IK.UIH. At. Cu.hler MK1AK HOH. Mir. Forelxn Ilept.
I1MI IV. 8TKW HT. A.at. C'a.hler II. II. rol IIK.MUS. Mar. tr. Ilept.
r-KANK P. HTRI'IIKMH. Aid, Ca.lder N, T. IIAM.S, .Mcr. Tran.lt Ilept,
;-
tleorce Wood
Vttred (' ItarrUon
lvl I.. lu.
n Ceors. II. AlcFaildeu
Kunaal jiorsau
R isiuucl Re
DIRECTORS
Pierre K dn Pont
tx H. Ulint
H.iniiel M. auclaln
Ullllmn II. Ilunner
, bullae. I), Himmoii.
Kumuel I), Murrlurr
AIM, C. Dlnker
Mdrldse li. Jolm.on
.1. Howard Pev
J Itearalrr Mltrlull
Henry G. Ilrrocle
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