m' i0
',.
"tVv'W
EVENING PUBLIC LEDGER-PHILADELPHIA,' TUESDAY, OCTOBER 1, 1918
1
m
if
l
SAMUEL
1 GOMPERS
says:
"To buy these bonds is
not a sacrifice; it is an
investment ill Liberty
itself an investment
in the future glory of
free mankind."
BUY MORE
LIBERTY BONDS!
BuyUonAi
NEWS OF THE FINANCIAL WORLDNEW YORK AND PHILADELPHIA STOCK PRICES)
LIBERTY LOAN CO MM ITT KB
Ttilril Federal Iteseree M.trlet
LINCOLN JILD., rillLADKLPlllA. TA '
JONES & BAKER i
SECtiRITIRS
V.'id'tw BIJ.. Phil.d.yW' I
Ptwnea Mrll. WllBllt 1S00 jKtr', nr S2M '
K.w York INttubiirfi ,
Calcai. Dirttt Print e Wirtt Host..
"l
YOUR Subscription
to the
FOURTH
LIBERTY LOAN
Is needed to equip a soldier
who is fighting to protect
YOU from Hun Rule. Huy to
your lirnit.
SCBMBtt&DEERS
Member Ton. ImV V,. of V. V.
628 Widcnir MIcIr., Phila., I'a.
l'h.: llrll. Mai. IO8U1 Rjco IOKO
Jirir tork onhr 30 Ilroutl M.
rntVATU iviitiis
Utk l'i Our Vrmy .mil .Navj
Ul) IV. . S.
STEEL INDUSTRIALS ARK LOWER,
WHILE MANY OTHER ISSUES RISE
Wide Movi-mcnls in Both Directions Occur on New
York Stock Exchange Because of "Peace' Out
look Hails. Molnrs and Oils Strong
Ntnv York, Oct. 1.
TIip rjrent dpvrloptnenlH in tlic iitcn nf tnnfllrl In tin Old World,
which leaclird tho i'llmn tilth tlic HUliniliiin nf IlillRiirlii yrntcrdiiy,
Iniiuiilit llnmii'liil mid btMiipgi Intel efts In 1 1 1 1 m rounti lo Ilio position of
farliiB itn npprunoh of pence- nmt the net easily nt retilJiiNtliiK trmlliiR ton
tlitlnns to tlic (llffeicnt Nltnatlon which will ho crcnteil by the cpeeteil
curly rosnllnn of liOMtilltlcs.
Tilde were wide. tnnveuieutK hi both illieclintm in tbe slock itutrKet
as a ii'sult of thli leiiilJtiHtinont iIiiiIiik the c.irlv irinlliiK, the wli-i-l In.
ilutrl,il.s MtivLiltiitiR lowi of from 1 to mine limn - points, while tbo
alluay. motors' and oil slmics were In lucent ilemunil and were taken to
btibxluntlnlly lilsher levels with some of I hem fellini; at the tilislictt
lerord re.iclicil In thp lat two rnts.
' This was the ca.xp In StiiilebnKer anil .Irlcmi I'etinletim. On the
l uilvnncoi rc.ill.lni; s.ilis wetc In Im'kc lolnine and Hip supply from thin
snmcu caUKcd sharp rciluetloiis aftpr thp lceorilbreulilin; iuIviiiicom, but
j tho demand Brow steadily all tliruuah the fnirwmu nnd the ttupt'ly on tlm
' market was absorbed without rffort.
The steel iiiiliiotrluN weie directly Inllneneed bj tin- suKSc.tlon-) that
the period of ptnllt-m.iMiiK would cease with thp end nf tin war and that
I uioiip was the hc.i lest on Hip lloor ilurlni: the earl tr.iillni;, I'nltcd
States Ktiel dropping from 1i;"a to below 111. Methleliein Sleel "If fallhn;
' J points to 77r,K and t'lticlhle Steel IoIiik l", to !,.
' The ki palest mix mice was In Stucleb.iker. xvhbh lo.-p ,"',, points to G.
IRREGULARITY RULES ' COTTON IS STEADY
EARLY CORN TRADING AND FAIRLY ACTIVE
(Mohrr Offering InMilTiei.M.t Rumor- nf Poarr Offer I'Voni
New York Stocks
New York Bonds
to Meet Demand and That
Option Advances
iRin iii.ir wi".tiii;r niu:esi
i hU'lsn, Orl, I, llllnnU I'rnliiblT i
rh)Mer lonlRtil unrl Wnlt fil i : nritifr. ,
Allxoniirl -h)mpf. ami wurtufr l- t
nlthti fdiiril.it imrtb loinl . '
Nruttln I'mbiM hrM InnfElit
and Urijncml.nt unrmfr.
Minnrotn "lumrr I hi ftirnwm nr
t on t chit Miirnirr fiiI htiiI toolr north
wr tonleltt t n1nrlit tuirtlj lmir.
I(t,t iirl(lfMl, ullh khorr llilo itfl
rntmn hi rnt nntl Muth; nurriirr tonkht:
rlttp-lii iirtl flout!.
(irth nml otilh iMkoU l'nlr InnUht
ntitl Urdnchd.i i i nolrr,
NMintokii l'nlr tunklil nml Uftlnil.i-, '
prwrdrtl b unrtt )). citi Mnriinr,
Uiinvio Vnrtl flmid lontslit mid Writ
nril i i cnolrr.
NrhniI.i 1'iilr ttmiKhl and Urdu-,
(In, prrffdrd b unarmed, r.ittt mirmrr. ,
lviini I'.irii i inud ion i cm .inn -u-
nfnu. t klHU'crt
uiirmrr ionium ... ...
.!nntnn.i and W nmlnc I .lr (onlclit
and WrdnrdJS x "artner.
Gerniiiiiy Make Prices
Stronger
iiiton ni;i,T ui:iin:it (omuiio.ns
New otU, Ort. 1. The folbmlnc Irrn
tfraliirfH rre rrrordrd In tlir tntlun brlt
tbu ninrnlnri
Mttlf MixK. MrmnhU. Mfrtdlan. (hit
I innnri. Kiintlllt ami Nii-lnlllf. Ml:
ati XitfnttHt, (IMiibnmi (ll. l'nrt smilti.
and lUl.nrc. ."Mi Mm mi uicti(a and
Mlant.i. C,i sbrf,ul. M,i!i,r, Mnnl
cnmfr .ind UllmlnmriM. (t; 1 bom . lllp
ttnd SiMiinniib, Oil Cfiriiu- ( lirl-ll nntl
I Ii.ir1ttnn, r.St (tjlirMmi, Nrn Ortpitm.
I'pm-;h oil. Tanina and .1 m lomulHr. ;n.
lhre ins .'Hi Inrbf nf prr Ipllullon at
( li.irIron
iIokk llisii i."v t-m
.d r.umriN pr i'i )U i!" ii'1
.Maslw (iolil M .. a't H', .Ti .1'
Alalta .Imieaii .. 'ji, .' J
Allld-iMi.iliii MfR . ;iij :;i :;() Illl
Allls-l'lialm M pf. MJi S'J'i S.'"( S'
Am AriIp t 'lie hi . US.', 100 i't iW
m fan .V, l.Vi A'U -I"',
Am Can pief . . tl' !, U.", HJ'i
Am Cur . I-Miy . ss'j Nl, Ml', Ml',
Am Car IMy iif.lll!,
Am Cotton oil... 4'J ', 1L" ,' !-"
Am Hide . l.ta... '.'(I io', ai'( ai',
Am en :Ul,
Am hn pirf ol .,;! .M M
Am I.ln.seed J l , II',
Am l.lncril pief, . 77', 7"'j "tt'i "''
Am l.oconiotlc.-. TkS
Am Smelt I'.rf . 7'.i Til', 7", "'
Am Sm & KHf pf KKIi, lis', lis '.in1 j
Am Sumatra Tub. lid', (l 0ni, lir.t
Am .SIilpliuiidiiiB..i:;o'j
Am Slrel K'dileH. '.HI', NV, VI', n',
Am Tel Ai Tel. . . . '.inIj 'f.l '.in'j PN'i
Am Writ I'ap pf. .JO', .'! :!'l 'M
An.irnnd.i Cop.... i.'.p, H'P, (.'P'. (''I'i
lliildnin l.ivo .. Nl1, .N'l'j nn', SS'i
Halt Ohio ."i.1 M'i M'j 'i'I'i
Hirrrtt Co 0!)'j 'i'i Wj '''
I H.Knpll.iH MmiiiK. I
Hetlilehpin Steel . (SJ, 7S', ,'t ,'a
Heth Stl fli-HS H. 7!), 711 77'. 7S
II. tit Stl K p c pf.UM'j l(l.i'i HH'i Ull'i
IlrMn ILip Trnn. Uii 51'. II II
Huron mothers. .li:t',' 1.W, J.Vl'i l":t','
Hutto Cop & Zinc, in1,
H'ltle A. Supeilor. L'")j
Cnl Petroleum ... IM?, :".' -'I'i L'l',
I Cnl Petroleum pf (ll'j li."i IVC, ('!.',
Can.ullaii Pacific. Hi',!.', Ih'i'j Pic, Hi')
Cent I .en Co pf. . . 7(1 71 7()'i "ll'j
Ctrro do I'asoo C ,'ll'i IIP, .11, UP 4
Cliandlcr .Motor .. SN yi nn', SSI,"
C'lK'H & Ohio .... ."S ("iN'j ONl, f.s',
cm Mil n Si ('... In', I'I IN, dS'f
c,l M a St I- pf. 7.N!, 7V. i"ni, 7.V,'
1 "hi S. .Noitliw'u. . !
Cli' It I .V IMelll" I'i -J7 .''i'. l-'C'.'i
c 11 I . IMinopf iiiii, o7 , 117", (17,
I'llU I'Tpepf 77 7'l 7n', 7S,
Chile Coniiei ... I7'i 17. 17', 17', ,
China Coppn . . Ill I'1 I" "'
Consol ti.iH !'!, 'M', '.'P. !P
Com find It. f .. 1.! M" ''I'i 'I'i
Cniell.le Sliel . . (i7, dl j "'- b'5
Cruclblo Steel pf. Wi
I'nli.i Cane SilK.ir. '.W, '."'" '."i'i L1I1
Culi.i (an. Sup pf. 7'.' 7!l T'.l 71)
Doino Mines .... lll'i I"', I'I'i 10't
llrie I.V, I"'', l'Oi I.Vi
i:i lo IhI pief.. .. "I"i II- "I'a 31.'s
(i.istoii Win & W . '.'n'j "n -',N '.'s
1 1, net al I.I. ell le .11(1 1 I'I I'll 1 1
iieiiei.il Motois ,.1-JI lib', VJ2 ll'.l
iui M.itom pf . 7.N 7.n'i 7.N', 7n',
lioodrlili Co ... Ib'i ','' Ji ji
liulf Slates Slid 7N 77 "1 77
liner Asne pr. f d-l ''i W'i .'".I'i
Iiisnlr.itlon cop . JVi ""' i ': '
lulirlioiu Consul . 7' .. .
Intir II.iia X .1..i:W'j 11'
II lull
!i't
11U 77'-
JJ'j 7.K,
i 1 7
on ii'.i
li.t", !'!',
7fi", l,
7 Ti 7 S
7'l ". 7!i "i
Stl, 3'j,
r.'i'j nr.i4
7 I-.7T,
!i.T, !'.!'.
f 11IU 1 Itl
linno Am Ac ileh R fi'i !i ."'.mi
;-cnnn Anc.Krcnch r.s n:.'; nn; nr.
nnnOAm I'-cn Ken 5 !74 W1. O"".
ISnnft Am Smelt . .. SO'i Rfi", so's
500 Am leo r.n . . fift. una. (in
I'lnnoAm T ictfl pd. !ir.?i !'H !'fi'
2000 AtehtHon en Is Sn Sn sn
nnnnali& Ohio Bs. 77 ,
r.000 do 1c 731.
1000 do vv I'uk . 77
1000 Horileaux lis . . ?:i
I loOO t.en l.viillier f.s ill',
1.1000 C & oev I'-h. 7'i M
IIOOO ,10 l'.jn . . 7:."
1000 llo (.,)nv f,,, . 7.1s
1000 fhi ft aii .ii2s. :is'(,
1.1000 in en Wist is. r,',
20011 Ch ft w .-jl,, r.7 T
.1000 I'hl II JC- n lu 11.1 r
.'''"'''M&SI'ir I'js (i7. l.7. 07
JIHIO do ev I ibh. . 7,-,n, 7.1 7.V,
loiincitl .t !. f.i 1. r.n 1:11 !
1.1000 ( f iv f,. . fl-n 1,71, ;,7i
loooo i) ft nn, or i. iiiii r,ii. nn.,
100(1 Ills See Cor lis R7 R7 N7
1,000 Dom (,r Can "21 !).-! JH". i'S-V
J 000 do msii ... 01 in '.1 1
1000 IM,, ,. ,i Ser A 17', I7'i I"',
6000 do Is Ser I), r.l 'i r.oij Riik
looo Kieneh It r.'as.lol 1, 101 lain
1000 iiiiiimiiL stl r,s 11. !cr,. n't,.
icon Innu Central Is ir.-", ir., 4B,
2000 lnierb Met I'hh no.-, Min, r,0,
22000 1m J! Mar lis OR'j OS !H',
1000 l.neieilo lias ,rs OS !'R !H
S.'iOOO I.i'li Vnl let lis !i8i t . jis 3,
toon l.lB ft .M T 7s lOS'a 10S'., 10SU
2000 Lorillard 5s. ST. !. R.1U
1000 do 7h . . lOH'.. 1081." liisi..
1000 l.nul ft Xnh 1H SI ij Sl RiJ
diiDAoo l.iii iiiinii .1V4, iiid.nn inp.ns 100.0 j
.1.1000 1I11 u .... 11.1.70 IIS.H4 0.1.10
8000 tin Isl U . . . 11.1.(14 lt.1.00 111.0(1
8.1800(1 tin H', nn.uo o.i.so 0.1.00
07.100(1 ilu s, I !',.. II.1.IIK 91.80 11.1.0(1
noun i,i i.i ii.i. !i.i.i;n n.i.iin ii.i.o
300(1 Mnisellles Cm. OS'4 OR'l 08",
1000 Mlilvnln Tin . !'! 80 811
1200(l.lo I'ac rii Is ..17 .17 .17
120011 X Y C ft II Os OIP, SB1! O.l.i,
1000 X V I5j r.s. . '.f,i 1'."- I!)',
iOilaote Slliilt I. Is 81 Rl 81
11000 Pleiee oil 1021. 81 81 81
100(1 St I. ft s Set
A Is f.S'2 .IS'. r.S'.j
-iionScH A I. tf.l l.s"r."'3 r.7'j r.7'j
l.'oniiS" I'ae e .Is.. ML im ', ni'j
701111 So I'ae ev Is 78 " 78 78
r.'Min io rfd Ih. . . . 7(i', 7'i 7'.',,
(ii'ii'i sViutli llwy Rs . ss 88 88
I lion Texas Co . H'l '. n;i
2ii"0 r s Hull .Is . Rll Ml Ml
iiidO II S Steel SK Ss '17 'ifi '17
loon fn I'.ie fis. loj", Ifli"-. 10 2".
2SO0O I' K of (! H ft I
r.'fcs mm.. . or-', on-', or,.-',
10000 do new 1019. O0' 00-1, !i!iaj
.101111 do 1021 OG'', !'(;'. OO-i,
2.1IUI0 v(l c,n Hr'n Hros 70,-, 70 70-',
L'O'IO West Union ,1s. 89 ' 80'j SO'.
Phiiadcinhia SrocJ"! I TRADING IN HOME SHARES DULL
' I -. . . --m -r- -s. -mr a -mTy-f "n
UN THE PHILADELPHIA EXUliAiNlT
N.t
I Ileh I.11W 2 i in 1 Ime
,1 H.ild l.pf 101 inl 101 I I
I'i Cam Stl 1 .111 Kin 1:10
I'M Klec' Slnr My, M'i .IS'n H ',-ii
I'M (Jen Asph Illl 30 :io I ',',
A do prrf. (in nil (10 ',,
KlllnCXA 31 J.1,,i 8,1"i
HOl.ell XllV. 081, B8 08t 'i
18 l.eh Vnl. oii'm coTit (i"'s 4 'fc
in.lll.hale . .11', .11 ',i Mli ',4
l)i) to I'm- . S.I 2.1 2.1 I ',.
Illl Xev Cons 20'; 2li'!4 20i(, ',(.
17.1 I'enn It II II HIT. I3f, Vn
Illl I'IiIIh Klru 2IT, 2I, 2l'1s 4- VS,
77 1 Itl .nihil?. Ill Illl',', III 4-IV,
21(1 So llwy -ill 211 211 ! ',
11(10 Ton He! 3 ', 8 ', '! ',
I III Cii Trait 37 ii 37 '., 117 ai
1.10.1 L- S Steel 1 1 1 '.!, III 1 1 1 '.i I Vt
IIONDN Net
ill'lll Low 2 p. Ill ihio
8111110(1 I. ell V.ll
lilt lis w I 08',;, 08'.!. 118'm I .i
7000 I, 111 Hollds ,
I'iS . 11.1.00 II Villi 11.1.90 .08
llool'lilla Co
1st ,"S. . 11.1 9.1 111
New York Curb
IMII NTIIIAI.N
Yi ll el. t9
III. I .k (mili.l
Aeiiin i:.'ilo.li-! .. 9-!i III l(i'4
Am Hrlt .Mfu ! (I
Am Maleonl , :P IITs II1,
Ainirlean Wilt i'aper 3 .1",
Mr Hediietlon 1111 in
C.inadlaii Car Co ... .10 III
Con Car ft l-'dy pfd.. 80 110
Cl1.1re11.1l lion 7 !4 8'i
Chei.let Motor.i ...133 131 I nil
Clamp 88 n:
Cuttlxs Aeroplane ... 3l',i nil nil
Cat wen Tool 0 7
Cirlmn Steel ... lis- I
(
U;
Nrn li.rK, (lei I
Mp.1i1I'ip.s u,ls li.. f, .inn,. .,1 0 rcl.
ion I'lifiilmr. when pries urro 7 to IB
II. 1.1, MWIIEIK .,11.1 , -ll- ' , 1 i
UriMlie nl Inniehll , !""" IIP! Il Khel
1 iioermin; iii.liieneefi nore rumors of a
1 di-eKive p.'.H p offer from Orniany. a
lielief that Ttirl.ey would 0on fnllme
hlincn. Oct. I , ",p ,''", nf Hiilcarla and n rpfusnl of
(urn was irreRtilir thi mnriilnK Com- , southein farmers lo sell, eveipi nrnund
mission linns had orders lo puieliase ""' "' Ind.
Piiohei at Hie outsit, nlferlnas weie in- Spot hoiisea nml Uutpnnl nailed lmth
snllleii'iit and prlirs wire bid up. wii. w hlp Hip South sold moderately.
Thete was abo eoM-iine by lirl.ilr.l I At Hip end of Hip ilrt llftrpit mill-
shorw whic were lomprlled lo even iii,iiIih ttade was f.ilrl a.lle, with prleei
their contract under the new ickiiI.i- irrv steailv nt 11 111 1 .i..inee of about
n,,,U I B to 10 points
Noemlier wiik offered, with Hie dp-, I'i lees sacced nlT ,ifin tho op.iiln-
ninii.l liniltril at the inil-ri. and this !' ' innl. r le.ill.lns .mil he.lc. sflllmr cen.
It inn was easlrr, iilthoUKh it icuneieil 1 ,.,a husltinv., 1Wis ipiiel anil Hie eom-'J
pan 01 me ueeiine 1.111 1 mi -,, 1 m,, .... iiii.inpy small tnliinie or heilci selllne
liut Tinillnc in I'eeember was p, ,,, ,pri(, . nttiarted mote iiltentloii 111
I., con Sentiment was still inclined t lonseiiurnee
f.nor Hie bear sld" it was also nirue efreellve .is 11 price-
lieiflpls here 1o!i were ungears 1 111 ikttitr pinpoIHon and Hip ni.iiK.et
Oeioher opened at $1 ".7'.j lo Jl ".i.ni. wor!rd nff lo .13 311 fur Onioi.o- ... 1.1
later ileellntiiE lo ester.lay's llnal pilie I p.,lnts net lower. wIiIIp Deienihei sold
$10,343,630.60 of SI ".r."i Noeinbrr startrd al SI 33', l 3 8: nml .Intiuarv at 32 O'i or " In
lo 5132' acalii'l 1 33i; at Hie close 3 1 pinis m,,),., i,,M B 0 .loRinc'lli:-
I.IAHII.II IKS e-.eril.n. later riiinc ct i .i;-, I'u-iures
i:;:i',- 1:11
ijl. "7,
Annual Statement
of
Germantown
Trust Company
September 30th, 1918.
ASSETS
Cash and Reserve l.O.iO.O.'i 1.07
Investments and Loans 9,"0:i,676.r3
Capital Stock
Surplus
Undivided
Profits
Dividend
Nov. 1
.$1,000,0(10.00
?i51,2S!).5lj
TiO.OOO.OO
teinlicr wis niioir.d a' Jl 30';
.... .1... . lr.,n.l BiniillitKin nn th -
1,000,000.00 ri ,', 0f rrtuiK oiib'rs mid none de
man. 1 from roinmlsslon houfes Shorts
"werr inellned lo enxer
He.-elpts heri today were IMS cars
101,'JS'J.5& r., lolier opened at 70', to li'i,e and
, later sold at j ester. U' last price of
70', e. Noxfinlier started , nlclier at
Deposits
oqmn.i n','n!1.L- Pecfinbir opened at 7I'j to ',c,
'"' """' i sc.ilnvt 70-vc at tiie close ester.la and
tin 'Jl'l din G( later advauee.l tn 72c, then reaetlnc
qlVlO'iO)OOU.lU Th rcrc,,t 0f hiat MiniKapolis to-
Trust l'unds (kept
separate)
Kl
H
is
iii
WM. T. MURPHY,
Piesident
CLARENCE C. BRINTOX.
. r,iv rr .nfl t.irs. act in? t Z i.irs
Mtt,ii.:,b.i.bi jr.rv cirR ., JPiir ,,Ro; Ht rilllMPO -0
rai . Hp.unn Hi; f.irrf, nun ai " inni
pK S.TI c.irF, agnliibt 117.1 cara.
Ladins (uturfs rmicd n fnllo
i'mn tnw ll-rv) IL'.D Y"i
rr, .'l''fl iiii imiv s I'i ' in'
TrcaMtior on 1 37's l W t 3 I .n i a"
, I II t'l 1 .11'. 120'. 1 2'1's ISl'i
" Cat"
cvt 70', .(!', r.s t.s's
' Vn, 7ui. 71 i.'l i,T
MARKET BTREKT 11TII7 NP TBl.NT I.,rl .
rflMPAM "ft 21V. 20 ? 2K3. 20 V.' SO PI
Flfty-tfrnnl n Market H Nn, .': t"l 2'l lo 2.1 SO 2'. In 2". HI
PhllillphU fr'Ptrmtirr I'i l"'l ntt" . , . ., . ., . .
Thp Boarrt ef Dlr.clor- hi' d-flnrd ih n.t 22 S7 2? nl 22 .; . '22 "2 22.
Krnlif ..ml.inmi.1 rilrl.lrn.l nf 3 nrr Irnl Nip 2-"7 2.117 -'-''" 2110 2.1".
1 1TK
mviiiEMt
in.
;.i',
1 coocl pari of the business ,v at
trlliulerl to eipnlnt: up for Hi. iio-
ernineni 11 ports tomorrow.
The re, elpts .it the ponn for tlir i i
wer csHnutri nt 32.000 bales, .ialnst
37.101 bales if weel, ,iKr,. (fi.i.io ,ir
Lift jeai and 72.033 ball., two jp.tr imo
ivtnber
I). Finl'f r
.THIII111I.V
Mirrh
Jul
V T.v1.. s 10 mi ,-iu i .in
.PV' ""'" J ni in n in.
31 7n 3.1 'in 31 3J
31 13 -II!.-.! .11 1.1 .l.i'in rc 70
3." i 31 no HJ (i'i
:2 ij -j-; j; 32 '- H-' I t
3J 7S ' "
W- 1 1 ..-, nJ .. ..... .11.1.1...... .
pf (2 50 nr nhare. toth rayahl Nm-inhf r ' o. i tsi en as so 3. .in 3.1 W3
1. IftlS. In Alnrkhnln'rs pf rrnrd Ht lh No 'I' " -I - J
It III SO I'I Nil
cloie of bu"ln-si October 1.1. Ill
will D mallMl
The Bourn of Directors ha, calkn sn ..Avrvi rvnivr n itch
Inilallm-nt of 1 ir liare on th- to.-k of MOIShi 'I.KM1I.M, H. 1 fca
the Comp.nv. ra:aol at tho offlr- of th v,-u iiiiik Mnne mi rail manl
Company n-twn Nstrtnber 1. 10l. nn ,'" ,' ""K J on" "' r. a "";' ,,,"
Jfovvmb-r 1R. 1018. l.oih 1nelusl. On and collateral, opened lendlnc an'l i-newli z
after November 1. 101. no .lock n wlildi nt 0 per rent. Industrials IcndliiR 0':
thla Inatallment remains unral1 will he trnne . pr .,,!
r. ,!,. ..lai.lllliril, riiiniu. uii'ni- ,. . , , ,,""
lri ferable; and no Inmallment pair! after No ,
Ir' 'ember 13. 1018. will iMrilchCite In the neM
V7 followlmt dl'ideni Stoik rerti0i.i1e mut '
riiilailelphln Call 8 P"r cent: lime.
. Kb presented for Indorsement at Hie lime n"4tfi6 per cent. I ninnierclnl paper.
oarment la made. I three to sl monllis. 56 per tenll six
si. Another iiim of 2.1.00n ha been added to in,iuths 6 tier cent
" f th surplus out of the earnlnzx of th Com- "'J"l"', !"' " "
r vV i panr. makln tho surplus fund enual to tho ,, . , r,.
fc.V InereV.ed r.nllal ill . . f'2.1 IHHI I I.OMION Money 3 pel I Pllt Pl.lOltllt
REGINALD It. f II NI. I rates Short bills 3 17-32 pel cent
Heerelarv mid Treamirer. Xlllee-lliontll bills 11 17-32 per cent
.MIDIAM) VAI.I.EV IIAIl.ltlllll ( (IMI'ANV I
Adjustment MortsaKe Serlea "A ' Ponds
.- Philadelphia. Oel 1 IBIS rnllPlflN lACII AM'.C
The Hoard or inrectora or ine Aii.iMnn , '
Vallev Railroad Comoanv haa determined & -.i. rt... 1 A Itltmiol, lii.Elnesa
V. v ri4 declared that for the ,.ar ended Juno . ,,.,.. ',,,,,, ,,., tinoterl today.
w. so. lis. rour I'er tent naa neen eain- " ", ., V.7 ... e Vi. r,.i,il
I t ! A'mw.A 1. n..o!,1. ..nnn h. fn,,,,,.. n ,' Arf. 011111111.1 1 I ft etfPCt Ol tllO COIlTrai
, ,- 1- vi aua a9 'qf uti-- v. v'e.a !"- -...b.. d - -- -...-,,,, -
Juatmcnt sioriaaae series --A' nouns
On Presentation and surrender of Coupon
No, 2 at the offlre of the fidelity Trust Com.
pany Philadelphia, on or afler Orlolier 2.
1018, 140 illl be raid to holders of j 1 firm
Honda, and $20 to holders of II.0Q Uonds of
euch Issue.
J ft K DELANV,
Treasurer
l.ierponl (,'nllnti
llieriiool, Oct. 1 Spot intlnn ,t.
rlcady today, with prices lirm on Hie
basis of an .idanie of S points for mid
iltlntr. old contract, at 21 7ld Tin- rales
were 2nnn ImIps Iterelpts weie 31. nun
biles. inehidliiB 21,300 Inlrs meilcaii
I'utures were pte.idi In the eaili ileal
Iiiks Spot prlres were Ainu lean niici
dhne fib. 2'i 05.1 , eooiI inlildlinz 21 37i ;
mlId line 2l7ld; low luuldlinc. 21 KOd
Bond onliliari. 2? 17.1 a,,.i .-.r.i, .,,...
121 ld '"
(.ntlnn Ilttjei- ami Seller.
New lork, net 1 October Dow lis,
Utooks and Hlordin bid. Cone Sehlev
and Micks offered '
IVeeinbr - .Martin. Hiihbird and
Oionnor bid: riifford and Rartlell.
HrooKs. Schlej. Deacon, Newman and
Hopkins offered
.lamiarj -SellHr. Ilopkln-- RmoU and
ii.iiii. in inn. iiiinnaiii nn.i Con,, offereil.
Mnrcli nartlett. Cinonopk ....a i-n,,a
bid: ll.unan. Ynimir. Cone. Ilmtcnin,
r-eo.ir. ,ia ami sirhI nrfered
Mm --SiRel and o'Conii.n bid: lly
man and Hnrtcoin nffeied
Inle lep M.irine. 'i'i -. '1
Inlei Mer Mir lif.llll'. Il" K'l'i lul'
Inter Paper . . ::." ,H!4 III HI
Inter Xlcl.el .. ."II "' :i" ''
Uick Slcel ... . (.'I M'4 hi hi
l.ee Hub ft Tire .I'I
I.iKSctt ft Mers.l7l
1.oum" Wiles His. Jn
I.orillai.1 '1') Co. 1 I.V, r.V, 1J.V,' 12,V
M.iiihalt.ni Kiev . HI -'"' ' ''
Mavwell Motors. L'n Wi '.'J'j '."I'i
Miish. I M Isl pf HI Ti, .VUt '''.'.
Meli in l'ettoI...U1P, II!'.', IHI ll'J'.'
Mevlc.in I'el pf . . ''7 ..
Mil ml Copper.. IN 'JN -'.N
Mld.ile Sli el .. ,".1 . "I1! .'0', .Jll'
Minn ft Si I. new In
Mbi.onrl 1'acdlc . at;,
Mlssouil I'ae pf . ...'
National At me. II
Nal Cloal. ft Suit. IIHI
Xational Lead . . N1,
New Vnrl. Cent. . Tt'
X V 1 1 ft 1 1 ... II
X V (ml ft Vc:-t. "(C,
Xnltlntll IMillle. . 7' j
Ohio cities liav . I'.n'i
Owens Hollt'o M. -i7'i
lMeitlP Mall -'I'j '-'i " ''-4
imii a r s. t pf. n7 ii7'i nr nr',
I'eiiini 11 r. . '.."'l 1".'. ''I1.. Ij'i,
Peoples iln- Chic. ,"0 ,"il3i ol ,"i "il.
Here M.iniuelte III',' II III'j
I'ietcei'll . . 17", liv, 17, I7i
I'lill.id.-lpliia Co V7- "J'i '.'7', -'7',
I"ts ft West Vn IT ,(i'j act .li'j
IMtts ft W Va Pf SO HI7. Ml Nl'
I'lPiee-Arnrw . 10' i W'j HI'i H"j
I'ltts C, I .. ,Mf, ,'I'j ol fil'j
1'rc.soil Steel Car ,1 70 71) ill
I'ullmnii C . Ill 110 lit 110
llv Steel Sprlns. ''"I'i '''.I', li'l 'i'l14
Itay t'oiibol Cup "Jl "1 VI -I
Kcidlnc ... VI', IIP. SN't '.)',
Hep Iron ft Steel HP. !Mi 01 !H'4
Hep lion ft S Pf 10' I"" "" "'
Ital Put tr lets 'II KIT 10,' 1(17',
Saxon Motm . (i'j ''"j 'h ''j
Seali Air Line ' '' '' ''
Scab Mr Line id -'I i 'H -"-' --'
SlialliiiK-Ail7onn ll'i
Sinclair oil Kef . '''i '"i ."'2', il
ri"' 'z't. '.'r
.17' j 572 ,"i7'j
ill ill :ii
Viy.'Wy,- "w,
7,"i 7,i 7,"i
ti, ii'j u1;
Jl',' .'!'. 'J 1 ' i
I'd', '.HI' ,' !M',
r.v, ::ni, in',
lid .In', .in',
LIVESTOCK UUOTATIO!
( llUneii, ll.l. 1 - IPNiK Itrirlnt. 23 linn
Iich.I Motl! sl.H.I In pit lower lltll, hrrs,
J10 lOtl III 111. Ilsht. 10 nii 111 7.1. p,i kins.
lis inr iii '.;.. rn.uh. lsTrs.r,ii, pi.,, aoo.i
t . h.il., 117 r.lHiMs J,1
CA'ITI.i: Itrnlpis I7n 'ii Iich.I di.r
hnlf ivestern Stirrs ste.i.lv to stionu
llulihern utile, llle to 2.V lilslier. Cilv. s
slow
MIHIIP lleeeltus, 3:..llllO head. Miirkel
slew tn lower. A few crly sales of fe. d'T
Liml's steady. -.
Plllshtirsli. im 1 IKK1S n-cdrts. .V.nii
hcj.l lra.r lli'.nl, Jill vn if I'd: Iicjm
Mirkrr llli 7.1f.i 2u. ll,dit jorkirs and pd;s,
pl ,-.IKri.7.1
SIIIIIIP AND I.VMIIH Ilei-elnls l.lnn
hMI'l. Stead). Top sheep. $11 .10. top
Innil.s tnt.-.n
i'U.VKS- lleivlpts. .inn h-ad St...di
Top ?ltl
N. yiul. Oil 1 HOtiS nrtelnt 12-
nrii hen.1 tiwer I.leliis $10 ln10 ':
pii. iMinn, nii'e.i ind imteiieis, tin jr.i
in 70. hid, IIP Hie II'...!, Imlk. Illl in'"
10 70
I'X rTLIl lleeohils (l"n il'?. I StroilT
Vnlhe strer". 11 1 .10 i Is .10; l.elfers, $11 Mi
IM.'i e'l; iowsO 17 .1I1KC12 ell. stinkers lilld
fi.-ilera IS.MItl IS.
MIKIII' It., i lots 2N0rt head Stejdv
l.jlnhs lll..1llI 1 73 ew.s. $I1I12
Hi'l llnrTnlo. I lei I -CNTTI.II nrcelpl
I pin enslei. i'hUi-s reie. ti, .inn. nitlv.
HO.I ste.idl. $7 IHI1 in in
IIOIIH Jtei elpts .".Clin, sloie Hem mixed
and '.irkirs $L'0 .1,1i'.'ll In llulil rnlkers mid
.....j il rniuliv. 1 1? "'il 17 7.1
XIHIill' AMI f.A'IIW lleiolnli. Ilim
low olid lo,we- lnihs lni in 7.1. iwr
lnicr N17.1. iiethrrs 1 1 Mli2. ewes
(in in oil. liiKid sheep t..f II .in
l,nss CIH. Mo., (in I - lirmw ( -!
rept. K-.O (I iiejd t.O.r tlplk, $18...'
Tftlir.O h'.iv. Jl!lfl171 Piiiker. anA
hulrliers IIS 71i II" 7". Iisbts llo 2.11
pi in pics llilfi IS .-11 ,
l'Tn.K It.ielP's J8 will hP.,,1 MronT
Nlrrs $17 r.ni II" soiilhirn steers $7
I.I .10 iow 1.1 ,.'11 11 71 heifers. $7 12 .1"
. .,. .... ..nn ...
' MIIH'.P lln,elp( .1 lion hesd Stel.ly
Lalilhi III WI.I in Je.l'l0B.. Illiq;l2
nrllieia $;tll, ewes $tt!i ,.
m:w York roiri:i: mmikit
Sew Anrk, Oct. I - N" fredl ItitereM
dexeloped 'i the t offei' inarket tills
inorninc and the only bu.ine. recorded
up to near nilddav was ri couple of
lots of .Inly at 0 7.1, or 7 points above
the previous dose.
. Vatrrdo s 1od.iv s
I'l.ise Openlns
IIS
Hiiieison I'liouoKiaph.
oiiliral live
llenilee Mfc .. .
Lake Torp Iloal . . .
LelilKh Coal Sales . .
Lima Loco . . .
Mnilin Munitions
X V Shipbuilding .
Pap Pulp . .
(Mis lllevalnr
Pn i less Mtitm
Poole I'iik
Iteddell Tl in k
Sctlpps I'nntlt
Standard Motots . . .
Steel AllojH
Submarine
Si .Inscph Lead ....
Todd Slilpbiilidlm; . . .
TildlirHe Kilin
Pulled I'lolll Sli.it Inc
1 1 . .-Meiiiiismp . ...
I mteo .notor, ....
Woild'H Klljn .
WilKlit-Mnltln Air
Zinc Content . .
II
I
S3
13
Vt
II
.Vi
17
II
.10
in
1 1 'i
1
1.1
It
8.1
114
20
t'4
87
1.1
;
tt'i
3'i
111
II
311
I!
.1
Ifi
1 1 'it
00
n;
314
Price Changes Are Mixed and Most Attention of Finan
cial District Fs Given New Loan Sale Rail
road Slocks Are Prominent
upt. ;t;
n
iii-m
1 .1
I
7.
MAMIAIIII Oil.
lllliols
Ohio
Prairie. Pipe
S O cAllfoinla . . .
S O Xew Jersey.
S o New Ymk . .
1 1.1
imo
.2.12
21.1
.118
.2111
11.1
30.1
218
.1211
207
imi:pi;mii;.t nil, stocks
nnrnitt nil and (Ins , ',',
Cosden ft Co n on
Klk ll.tsln ,1'h a
IVderal Oil 2 2'i
Inter Putrid HI lii'i
Houston Oil 77 so
Mtriltt oil .... SI 311,
Midwest Itrlliiimr ...11.1 HO
Mi t Pitiol I'i. I'i
Ohio Kuel 13 1.1
Oklahoma lief 7 1 ',1
Sapulpa Hef II',', 0'4
Si ill(i.Mill au i
Sinclair IS 11
iiim.n(. sroriv.s
3 I
r.!i
i'.'i
Tradlnt,' in hnine slinirs was iptlet today on thp Philadelphia cxclmnea
nnd prlcp i'Iuimkcs imInciI. while there was nn evidence of the Rood war news
havIiiB imy rlTcct on IriitlliiK. Interest of the lliumclal district wns, therefore,
ronllneil tn the campalcn for sales of fourth Liberty Loan bonds.
(letienil Asphalt udwineed n Utile. Iml the preferred lost n fraction, hs
did LclilRh Navlpitlon nnd I'nlnn Trnctlon. Philadelphia Mleetrlc was
tnarlvcd up sIlBhtly and Jnstnnncc Company of North Amcilca was ttn
chanKcd. Steel continued slow, but was lower In line with lis course on the biff
board,
Theie was n renewal of activity In rails, with Heading most nctlve and m
more than 1 point above lis previous closing price. Pennslvanla, (in tho
other hand, lost it trlOp mid .Missouri Pacific and Southern ucro lilcher.
Thp Rood leport of eat nines of the Philadelphia liaplil Trapslt Com. J
pany fur-August, which came out late yeslerd ly. showing net earnings rfom -operut
Ionof $Sol,or,0, had no effect on the company's trust eel tlllcntcs, whlcli
lemalnvd Innctlvc.
Baltimore and Ohio Earnings in August-.
learnings of tTto Ilaltlmore and Ohio P.allroad Company during August s
made n particularly good allowing. The statement, which came out today,
gives gross earnings of JH.S3S.727 for the month, ii gain of $.ri,032,113 over
August, 1017, whyu the net operating Ituonie lneicnscil $2,72.-1,728 tiicr a year
ago to $3,087,733. Tor eight months the net was $.'..1 ".6.602, which 11 .
?10,7ir.,01S below the cnrtcsponillng period of Hie previous cnr. Virtually
all not thus fur this car may, therefore, be credited to the gain last month.
Storage Battery Note Paid
In connection with the lajlng off of the $1,000,000 one-.vpar notes bv the
Cleetrlc Stoingp Mattery Company today, It was learned from ircrbert Lloyd, "
president, that the lotnpany Is now veiy comfortably situated for cisli and
It Ik not roiitiinplatlng any new llmincing.
The Incieaso in cainliigs Indlcaled dm ins the summer luutlnucs. Ap
piolmalcly $2,000,000 was earned net for thp litst sl months. In addition
to work for the (Jov eminent, wliiih has now reached very large proportions,
work of national Importance, such as batleiics Tor the operation of telephone
sj stems, mining locomotives, train lighting, equipment, etc., Is also growing.
Shipments for the year arc In cm ess of those for any similar period, nml
unfilled orders are the greatest on record.
All plant extension!) lime been completed, so that no further plant Invest,
ment will ho necessary for Hie present;' the profits arc thercfoto accumulating
in llfiild form.
-
Pursuant lo mhlce received iiom the United Power and Transportation
Company, under date of September 21, IMS. the slock list tommlttce of tho
Phllidclplila Stock icliango has stricken from the regular list: $22L,',:00
United Itallwa.v.s gold trust ccitlllcnlc Is, nml $27,700 Delaware County Hall
w.ij.s gold trust 'ccrtlOiate -Is, acquired by purchase by the United Power
and Transportation Company nnd canceled by the trustees, pursuant to the
terms of paragraph 6 of agreement, dated .Inly 26, 1017, between lnterstalcs
Hallway Company, the United Power and Transportation Company and tho
Heal Ust-ite Title Insurance and Trust Company for the withdrawal of
!i7.". shares of slock of Scliii1klll Valley Traction Company nnd 1C00 shares
of stock or tlic Media, (ilen Kiddle and ltockdalc Ulccltle Street Hallway
Company, whkli shaies. so withdrawn, are In the licasury of the United
Power and Tr.msiortntlou Comp.in.v.
Subbciiptloti3 to the seventh Issue of Ticasury certificates opened today.
The total offering is $:i0U,000,O0O and this distrlcfs quota Is ?3j, 300,000.
On the first five Issues of certificates. Uicip were thirty-nine subseiibcrs '
In this district, but this figure Includes only original subscriptions nnd docs jj
not include the 'certificates which have been resold by financial Institutions
to their customers lit prcpuintioii for the fourth loan.
Southern Pacini'
'M
'JS'i
lis' J
VI
21
bs'
rnnroN.wj,
R
' V
u
(.IRAKI) nilNT STOKMiK tOMPINV
Sealed proposals for the aalo to Fidelity
Trust Company, Trustee under the Mort
rae of the oirard Point Storaae Company
dated April 1 ISIlli. of a sum-lent number
of bonds Issued under said !lirtxaK to In
vest tho sum of 820.000 will be received at
tho ofllca of tho said Trustee. Xos. 32.1-311
Chestnut street. Philadelphia, until .Monday,
October 14th. 1D18. nt 12 o'clock m. Tho
rUht Is reeervid to reject any and all bids.
FIDELITY TRUST COMPANY. Trustee.
WM. P. (IKMT,
President.
Phllsdelphls. September .in. 1018.
m:w york iiirrrai i vy.c,$
New lurk. Ill I lll'THin Iteeeipts
iiaJ.aod"' """"' ""-"U y'"'"'"''" un-
I'.OOS lle.elpia tn Is-, , , , Market
Orin (juolntions un, h..ns. d
Southern It illw.iv. :N . ''
South Hadwav pt li-', d'l
Sturleli.iker Co .'.-'. -IV,
Teim ''on ft 'h i'i'i l'"''t lb I''1
Tesan i'o . ...IN',', 1NI1 IN'5'4 'NO
Tobaco PioductB bN', TO I.'l ,0
Union P.n-jnc 1'27 lL''j VI. l.S
Cnltfd Clg1r Sirs ill", l(r'!, 101', ltij'f
c x 1 11,1 Alco nf 111 111 ll'j HI
I S Itubber .... bl'j (.-", b.' hji,
L S Sm P.ef ft M Mi H' '' W.
1- s Sleel IL.", 111.". Ill', ir.'J.
U S Steel puf ..lib', ll'P, ll'l'i HO'a
Plah Copper .... M' M'. M', SIT,
Va Ciro Chun . -M r',,3 '''' ,r'JH
Wabarh .. !". '.''.' '' t '-"i
Wabasli pief A Hn'j :i'l'i i'i :i''J4
West I'lilon Tel. t-'.' S.' s-' -s-Westlmih
P. ft M U ll'i H'j HH
While Motors . AW, 17 lli'i Hi
wiuon ft Co .MiJr .ifi'i -'"'a ""Vj
Willis-Overland. .:.U' '-'I'i -M't -1,
P, dividend I'hi. a Co '. ',' ' '" f
pt I. rr P., Hnvuso Arms 1", n, I.
" ll i.mI i'lj fhliacn North West,
I', I'hl. ..i.i North Mob! pr .'
October
N'ov culler
tier, lllber
.Innmrv
rebrnarv
March
sprll .
Mkj .
.lunr
Jul)
Aucust
September
n tn
A m
s "i in
i 'Jl
i 11
n tn
'I c.
0 v.
'I fill
0 R
'i :,n
a sn
s m
"I 10
"i :
"l M
1 7.1
1 'il
Atlanta
HlR Ledge
Hutto Xew Yolk ...
Con Ai in
C P S ft .lel'llllie
First X.itlrni., . . .
Ciolilllelil Mrigcr . . .
Onldtleld CntlH .. .
(loliHleld Kloieni a . . .
Cioldtlel.l Kewanas
(iiren Monster .
Hfcii MinhiR . .
Howe Sound
Independent Lead .
leronie Vol do
llni Itutler
lUlllbo i;telston .
.McKliiley Pairagh .
Magiiia Copper .. .
Mother Lode . . .
Mines Co of Anierlci
Nevada Hills
Vevida Wonder . . .
Nlphvlng . .
Ohio Copper
Ita;. Ileuules . .. .
S.in Toy
Stew ait
Tonopab l'.ten.o.
I 'lilted Verde . .
WeM Und Con
White Capn
YerliiRlon
t;
IIS
J's
in
III
III
I"-.
n
:V
1 1
4
. 3
"a
.1(1
PI
I J
3.1
30
I
n
ii
8-,
t'fc
n
30
01
n
8
',
.1
37
07
in
I
" iion ns
Bethlehem '""
Cosden oil 8
Cosden ft ( o 6s.
Ciidahy r.s
Russian (iov .1 '?s
do O'jS
08 14 08 V,
70 80
71 sn
Oil, 07'(,
,11 ,10
01 (12
nivmr.NDS dkcxaru)
l nton Twist Drill Comnanv $ on common
slock pvbl 1'itohcr 11 to Hoik ef rec
ord iitoher 1
rotted IUIIWJVS and K'ertrlc reinrsni
of lliltlmore r'rular nuartcriv 01 w.
per snare on ine inmm.m .... ,v ,..,.,
tober 1.1 as reentered Sipieml.er .'s
Ketlv Pptl'i-'Oeld Tire Cinnpanv usual
nuirterlv of t shT" nn '"ininoii slo.l
pivol.le November I In holders nt ic ord
i lolber IS. : .
Airrapp War Loan Tax ffi
New Inrk. Oct I -The Ameriian Hx
eb.uiKe Niillonal ll.ink. In Its Oetnber e '
eillar rstlniates tint, with the pniiilsi
tlnn of Hip I'nlted Slates at alKiut tin
OOO.OOn. Interest on. Hie fouith Libert
...... i,.,r.nk,,a ntinn each tierson an au-
nunl tax of about $ The four Libert,
loans that will be outstanding when the
nresent campalcn Is finished will yield
annually to holders about $000,000,000 in
I Interest. .
Southern Hallway f.s Ox',4 08i,
Mnclalr oil r.s sn 82
Todd Shipbuilding 6s 100 in.l
Financial Briefs
( The stock list committee today ad
mitted to the unlisted department of the
" Philadelphia Stock Kxchange the I'enn
National Bank warrants und full paid
seeipts Issued In connection with the.
tjffitlr allotment authorized September 27.
"Alt rlfht to subscrlbo expires October
t". vJJs, 191. The commission lo be charged
"ii! .Bald warrants and receipts is to be
r 'IB elts per share.
Mr Announcement was made today of ths
CT ,.- sjiatien of Francis A, Iowls, Federal
J administrator lor Philadelphia, as
Biuent 01 me ileal i.siaie aitle insur
m and Trust Comnanv. He aueceeds
; "? A.- Hmll Jtoseriberser, who retired re-
uy on account 01 111 neaun.
The local Federal Iteserve Bank, will
, iajttey withdraw (iov eminent deposits
MAlKiiT C,(O7,SS0. consisting of the
- GatMeCe of ,the September 3 certificate
' jjfjaslla and $ per cent of the September
T osrtincaie ueposiis. un lnursaay
will be. withdrawn 113. 1130,757.
'zi ner cent or (he remaining en-
J-sTITn 1 ftTtincaie uepjsns.
W r
vs S
Po.iera' ,lis..ktern 111 the Held were
further ill evidence in weakness In Hie
neutral exchanges Allied exchanges
held firm with fraius (dinning improve
ment Oiintatlnns were.
Demand sterling I 75 7-10. rabies
1761,, sixty-day bills nominally 1 7J :
ninety-day bills I 71.
Lire rahlfs 6 35. cbeiks 6.37
Swiss cahles 151, checks I.TiS
iluilder cahles 47' j. checks 47
Pesetas cahles 22'-. 1 hecks 221.
Stockholm cables .12 60. checks 32 .in.
Chrlstlania cables 30 20, clicks 20 30.
Copenhagen cables 23 b". ciieciis -J ".
hank ci.i:niNcs
flank clearinas lodav colrvpired with ror
rcspondlnir day last two vers
10IK I!lt7 10IH
Phlla $117 129.107 IflT.li'Ml 401 ISO 3'i .' 227
Uostun 10 S'lJ 0IIJ .11 I V" T'l I li' nil 1.7.1 1
RAIUlOW) KARMMiS
NK1V TORK. JCKW IMVKN AND IIABT-
ronu
Itlls Ine
Ausust iross . $11 ll.l.nn $ir,i.in8s
nalanco afler taxes. 3..TX.70I 1.3'J7.''.n2
Net operallna Imomw II, I Mi 71 1. .181. 201
KUht months' itross 8-,,"i "U4"''!'!
Ilalanre afler tases s itm.311 si.sni.nu
Net operatlne Income .1.777 810 1.0.11.071
LONO Ifl.ANP '
Auiusl sro.s . . . $2,n-.'8,13 $1l BJT
Italanco after lasea 1 n.18,8 43 IH.7ln
Net operalliiir Income l,i.31.ium L'30.314
Ulsht months' aross 14 74-.1i1 3 sm sin
Ilalanco after taxes 3 TIln.ntR nn7,1'l
Net operatlna Ininnie 3.(11.1,148 1017 1411
ATCHIKON, TOPI5KA AND HANTA in7
Aucust gross . $1.1,181.211 $1.0S7nl2
llalanra afler taxes .1 143.11.11 1 til. .107
Net operating Income f..:)ss,3s! Il7s.(lim
I'lDhl mnn.hu urn, . 1 n 7SII 7 S, 1 ,',17 1111
llnlanco after taxes. '.Mi.fl'.'l.Aon .lln.r.is
Net operallnB Income sn.31.1,071 12.IS4
VinOINIAN n.Ml.WAY
Auaust sross .. 11.250.4411 ISRSOOI
II, lance after taxes. 441.1.14 '310
Net operallnx Inroino 4iil..17n 0l.(i72
KUht months' gross. 7 4ii,is7 )Si7.'.w.'
Ilalanco after taxes 1.724,701 .l.'.'2n..11rt
Net operating Inroino 1..HII Tl "l..ill,SN
XOIlTHIUtN PACIFIC
Auou.t urns. Id sal r.M I.' 270 sill
Ilalanco after tuxes 3 2ln.8lll 1110 2.12
N", I oner Income .1 Ms 7 VI i.ilu.ail
Kb-lit nioi.ihs en,.. An. An" lull 3 im-j s.)
VaW Vork Hubtrcusurr galnril
- - ' - . . -...-..-- iriisiii hiAiiiiia pri.aa Tines 11111 tin's "tut
Atwa Itta , IH.11K yrstertiay. I i,Vint, a'ft T',,. ir.ini.iss fsiii.nii
Ijpt, Mne fnuuy 01 ,4,- 1 st owr. Incoms, JMlaUW 0,Jl(i,472
THE WAY TO SPEEDY VICTORY
The victory which must precede peace can be ours next
year if we put into the struggle every ounce of our national
power in men, material and money and put it there
quickly.
There is no sacrifice we cannot afford to make to supply
the necessary money and you can help by
Subscribing to
FOURTH LIBERTY LOAN BONDS
Do it today at
THE GIRARD NATIONAL BANK
116 S. Third Street;. Philadelphia, Pa.
ni'i
ni
MmyU t Irk
I & A.m
1 I
HsUaaaaatB la.Eifcj' 1 '
1812 t 1918
THE FOURTH LIBERTY LOAN
Bearing Interest at 4
Will be is-sucd on October 21th next.
The amount will bo SIX BILLION DOLLARS. Inter
est will be payable October 15th and Apiil lJitli. .
This Company is prepared to receive subscriptions
to the Loan now, and will allow interest at 4tt7o on such
subscriptions to the date of issue of the new bonds.
THE
Pennsylvania Company
for Insurances on Lives and Granting Annuities
TRUST AND SAFE DEPOSIT COMPANY
Member Federal Reserve System
BHOAD STREET OFTK T.
Chestnut snil Juniper Streets
517 Chestnut Street
Philadelphia
The Continental
soldiers fought for
Liberty.
Their representatives
in khaki today 'fight
for the same prin
ciple and to put the
world's affairs on an
equitable basis.
The Con tinental
Equitable Title &
T r u 3 t Company is
proud to ask you to
subscribe for Liberty
Bonds that such prin
ciples may live.
Subscribe now
the war can't
wait. Stf&
ca"ilKl -
mm
ContinentalEquitable
Title and TiyjsT Company
12th Street above Chestnut, Philadelphia
$1,000,000 Capita. National, State and City Depository $1,000,000 Surplu
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