IW!Wrva7?MPP!Wia - b .m - - r -p- i - '"i- - Wp wffw i" ''j'Jwmi .-) 'V, jfl' J" YK" v "?UI" "7 i pipi F Jvi;',i iffiA " i ii r i i ii ... . . y , 2 . J ?7iT " ... . .. a 'J. iu.riy.iM-1 j.ywu nji-a yiimtfjWhty-lMj&fity Vf m 10 EVENING PUBLIC LEDGER-PHILADELPHIA, TUESDAY, JANUARY 7, 1919 American Business That thp present wealth, resources nnd initiative of the United States will produce for this country the greatest prosperity of any nation, seems to be an assured fact. No other country in the world is in so fortunate a position for sound commercial expansion. Let us sucRcst for in vestment the securities of several successful American enterprises. These securities enn bo purchased to yield from 5.10Cr to CV!5r'r. The companies which is-iifi them aio among the strongest in America. Write for Offering No. JC-tG. Chandler 4 Company Franklin Bank Building Philadelphia New YorU Uootoo NEWS OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIA liTOCK PRICES INTEREST IN PEACE CONFERENCE HOLDS STOCK TRADING IN CHECK Vctti York Stocks A'etv York Bonds 111th Adv Kuiricl) ... 24 Vi do pref 59 it. Outsiders Remain Out of Market Pool Manipulation! aj iTubbVr'.'.'. " Causes Advances for Some Specialties Traction ' Z jZI .. Issues and Bonds Gain 24 OS 4 High Points in Today's Financial fScws Dntilde lateral in lacl.lnn tn ycio Voik stail; market, hut pool manipulation tamed advance tor many specialties. Interest In I'eaie, Cnnfcrtnce Itoldi up tradlnn. Iluiinvss teas arivc on. the Curb, ulth Indr. penitent nth ntlrntttnp must atliiition. Cor 1 icai sold freely, due lo removal u leslrictlons on Imports from Arocntlna. Cotton Improved. Xcuttal a'channc sliatced picatcr steadiness. The Ftttiburyh Oil Company announced an Inereaie In quarterly dlitdend rale. AmimulaUd dividends, amounting tn ,12 per cent, on the sicoud piefcrred stoi.ll ccrc declared by directors of the Itemtngton Typewriter Company. Aiiis-Chalmera, 32 I do pref g- I Am A-r Chem.lni " Am Heel Hurhi-. 78 Am Can g, Am Car & Kdy. s, AJax Uuli rts.. 1 Am Cotton oil 43 'i do iir,.f . ... An; Hide -.- t.,, )4 , 'lo picf , ... 74V. Aincr Int Cor. ' Am Ico Sec... 4 'i '4 . 'lo picf B7 1111 Unseed .. 60i no met 92 , Am I.oentnotlc 61 Am Mali . .. 4, 101 71 17? 1 42 88 13U 72U r,R 42 '7 49: !H 'a 4-S l')oa 24 CD's 4 22 U 83 101 7:i 48, "Of, 43 8H 14 74, G6!4 12 1.7 60 U 24 Cl Nt i-lue 1 ' Low CltU" JffVi V (17 97 99 J 99 , 92 M 92 '4 9, 92H lOOtt 100ft 16 86 US 86 81k 81Va -1?. I- --P, Glen Rock Oil Houston Oil Int'l Petroleum Island Oil Metropolitan Pet. Oklahoma Producing Port Lobos Petroleum Sinclair Gulf Jnorninilon on litwuii. DUNHAM fiB P Invettment Securities " jjjixchange Place New Yorlc 70 o BENNER & COMPANY, Inc. Widencr Building orn:n Tilt: Cumulative Participating Preferred Stock or THE YORK STEEL CORPORATION Subsidiary of YORK CORRUGATING CO. York. Pn. Particulars upon request Nov nrl(i Jhu. ". Them whs only a moderate amount of outiltio interest In lod.tjN stock market ttaillnB, but mnny specialties were netio and stroiif;, llli tontlnued poo! ninulpulatloii causing adancei In several closely held is-sucw. Tho lack of public interest was attributed to the denreo of attention that is now devoted to developments at the Pence Conference In Versallleii, nnd it wa generally assumed that Uttlo chniiRo in this Hituatlon could bo expected until ttomo definite result from that conference has been announced. There was a special movement In the local transportation sroup because of nn expected incre.ife In tares, and ull thoso ntockB made Bains ranging from 1 to i points, with similar Improvements In the bonds of these companies The oil hIocKh were incKUlar. w.tli Mloau I'etro.tiim aguln tra.el 11 5 oer n wide lange. lirst udunciii(; about ! points to tOl'.J nnd then dropping l 1S4. (rther oil stool.s wc:u In bujip, and, although there was pome oonimiralon-houja-uu Ing in thee If sues, recessions wcro gen erallj In order. The tteel share were comparatively iiift I'nltcd Slates Btcel com mon ranging from 92s4 lo 93s;, and only fractional changes wcro ic corded in other stocks in this group. Murine preferred was offered down ' ut the start to 109'J, but it was not lont; before its price moved to abovo 111. Texas and Pacific was tho most active of the railroad shares, fiist declining to 32 and then moving up to above 3S. There was active trudlng In Southern l'acllic without any material cnango In price. Great Northern Oro and Pittsburgh Coal were strong features in the eariy trading, but reacted in the last half of the day. The bond matkot presented manj important features. There waa per sistent and large accumulation of the fourth Liberty l'4s, which ad vanced to PJ.7o Irtcrboiougli Issues vvcic stiong, w.rh the t'is sell.ng at 4H'3 There was a In nk demand aim for main of the industrial Issues. CORN PRICES DECLINE OILS CONTINUE ACTIVE AFTER GOOD START IN OUTSIDE MARKET .'" oiiH'uinp. . ,1, 7fti, 7B Am sna-lt prcf. 105'J 105" MS'l . ISO of. 'i . 04 .1116 ' Partial Lifting of Restrictions Glen Rock, the Favorite of on Imports From Argon- Group. Reacts "VTar Order Una the Cause Stocks Quiet (tin iisii. Jan. 7. Aniiouiiivir.ciii 1 N'w "rl.. Jan. 7 Trading 0:1 ilic tlu war trails boaid that restriitloiiH ( curb continues active, svith most interesi on imports of the ceirnl from Argentina lattailu-il to dealincs in tho Independent ,a.i "fen paru. ... ... -; oil stooLs. Oklahoma ill; 01 lorn iiit, m .-... " Pennsylvania R. R. The I'cuiia. .'. .'. (lent, at Jfoil pnin coirrs all the rallioail prop crtv ""d Impottant leanchaUli held bn the t'liinpany at the date of Hie Morinaye. and all the valuable lcriiinus 111 the State of Vi'.im The 1'7'f and i'c loiitis nf this nartuatie can now be had to fie' wtr 1' nn the uncstvicn. !j.cwpt f'Ot.i 'ciMia Stale Tfij . Infnrmali'in 011 l3etiui .', "i-flf V Sei." itirs euuntui, teate ilh- Reed A. Morgan & Co. Weal I' ml trust lltilij . fhilu Mcml rs f Uiv I'hi'.i .'(0.1, i:xih. 'off from the top alter 11 nan aaain moved Into new hicli ground for the I season early. .Hack of the advance wevo tue aii ( influences that liave prevailed for wrap tune small receipts and llRht t-tocks. Covering by shorts took place on the decline. c.iUains prices to rail from the , bottom. . , , 1 Dais fu!Iowd corn commission houses were the principal bujers. while loval interests luiiteHled the advance Trade continued larg.-ly of a Ifn-al chat -ncter. Offetlngs from the countrv weie binall ipHliri; fntur" r.ir crd as foliovs i orn nit'.v un Onrn 1 4r.-. I.3!l l' 1 - m"ii'! If l.r 11 ., Via ll.lt." .In 1 . , ! . '' 1 .irJ llu ..J sn 11 eh I 4". t 41", 71". 7.T. I ft.r I 4i'.'i i.:i9" 70'. I los 1 47-. l.luS 71. 7-.-S, Vi-' 1 SUW TO". L.M 4". : 1 07 .m 411 ti.DT J4 l- Jt 47 tsi.ir. Producing was steadj. Felling at lu nnd . and made no response to the ntwi, that application has been made for listing on the Nen York Stock i:.chanire. The heaviest trading In this group was 111 vileii Koch, vvIiIlIi reacted to 4i and then tallied to 4,. Houston Oil was active ri.ui strong, niovhiB up from 81 Itoyal Iiulili sold at 73 to 71 and I'ennoel., in which trading stalled cs ttnln. soul iit 1:1 to IS?.. Midwest "lie fining was traded lu at 131 to 130 WVr order stocks were quiet, with Aetna i;pIosvs selling nf?', Sub marine llo.it at l.i3 to t;.- ,,n( vvrlght Jlartm at t to Si,. I'mtcd .Motors & steady, selling n' 3J'. to .'ilJ,. peerless was traded In at 18 lo 1st... swift Intirnatlonal sold at 4-(i.. to 40 nnd Marcjnl of America at 4- t . ti ixm srit Bond Salesman .With Clientele is desired by Intcriiational House handling high -grade bonds. Only man with high est vcfciences and pxpcii enco need apply. All replies considered confidential. Address A 'M, Ledger Otrice. , 1:; 4') t: ..1 7S M S". -J 47 OH '47 IS . 5 4 SO MP, Ael'1.1 liNIHIISIVCS Ani-Hrlt Mfg. .. Am Marcinl . . Anier Writing Pup. 1 . Air Hedu.'tlon i'liimdlan ' ar 1 o. . . fan far & Kdy prof. I.tl. JIM U. S. LIBERTY BONDS $50, $100, $1000 BOUGHT. OMI M nr(tVI)IK.NDHl run in vj.sTMh.Nr Newburger. Henderson & Loeb 1410 rlll-HTMT STRI.r.T llfmlrs . V. A IM1II1. Slock Hirlurcta sr i vsj m. ihiiihI lifelines HIE UA.SU OF UKTU AULJtltd. Philadelphia, December Oth. 1911. The AnnunI M'etlns .of .tfc Stockholm thl Bnl will br held ut Its BunUlnr ,0,, on lueidst. January Mtb. llti. t .wean twohe o'.'loik noon and ons o !oolc n m.. for tao election of elrhleen Ulrectare U) ICr IVI .u .ll.4W. ., PXYS ON HACK DIVIDENDS KeniiiiRton Tvpewnler Company Take? ilion on .eroml Preferred StorL. eir YnrU. Jan 7 The Itemlngton Tvpnwnter fomp.uiy has declared accu mulated dividends on the second pre frrred ti 1. amounting to 32 per tent to (i. -iber 1 MM. p.ivable to stockholder. of' record Janu.11 y 10. No action tonrd cl.Llarlns a tegula- nuarterli JlMvlrnfl for the quarter ended Peceniber 31. HIS. ,vis tal.en t tins meeting. A crund dividends on the second preferred n ncrnb-r I last an ountrd to Jl.tiOO.Oi P. of w-hkh JSuft.oftrt will lie paid In ra-sli , S3il.),iiOO Is payable In 4' Pj;rlL.H: ei" Konrls and $I.0i1ii.iiOO vs. til be paid bv u. I'l' er of first preferred 7 per ccn jti illative rtnek, Series b, or a lii.e a.rnuut. While no date has been set toi i.ajinent of this dividend, r.o illstiurce .eut on the second p-ef. rred accumu ations vv -l be made until the llrst pre ferred actuniUlated dividends Viao beg:. . . . 1 .1 jJUIII , ,. '.!... i". till. Ii paing the bat.: di nlends on the WrlBht-JIart.u imiil preitrrexj 111c nniimnj ' i.c w. wiped out all ulvideiid accumulu ior,s standing against it. Only last month directors declared aucumtriated ilr demls .itiiounting to il.120,000 on the irs' nrefened btoelc pajable hevrolet Motors..,, 14 c rami) 7 C'urtl.'s Aeroplane farwen Tool 'urhoii Steel Ktnerson Phonograph Ilendee Mfg. . . Iike Torp Uont . . .. re?hlgh i'oal Sales . . I.lmn I.oco Maim Munition N V Shipbuilding . . Nor Amcr Pap Pulp. oils Klevator ti'J Peerless Motor IS Poole Knc . . ;0 Sc -Ipps.Ilootli . . 13 Standatd Mo'o.s.. , s Steel Allies. Pjbmarlne j"it St Joseph Led . 13 Todd .shipbuilding 105 Tr'angle fill 1; I'luttil piMflr hating t, 1 S Steamship 4? 1'ulteit Motors. . St. world l.-lini An . . 3 Vest. A alt 7T b 4', "1 , bfl " 33 86 isr. 83 13 K 100 8S (15 1 s - III :iu V; M 'ji. Ani Sum lob. . !)7 Am Steel Fdry S5'i Am Sugar . . .113, nso l)r (ids. 17 m Tel &. Tel. 1004 Am Tobacco. ."(11 Am Wool . 81 , Am Wrl Pap pf t"il Am Hlnc & Ld 1:14 Anaconda . . . . hoi; Araocla'd Oil . 71 H Atchison 03 do pref 89 Atlan Co Mne.. S9 Atlan (1 A W 1.107, Haldwin I.oco... 7Bn Unit i. Ohio... . i do iircf . CJij jiarreic 1 "o . n Uo pref Belli Stec1 do pr f do II do 8 p u pf IIJsl Hap Tr Hooth V Co. Hums Hro . Htille f f. 'Z. 1 Hutte & S ' Cal Petrol. do pref . . . Cal Paclc Co . Ccn leather . do nref . . 1 erro dn Pasco 8 an. Chandler Mot. 107 Ches & Ohio. . Zcy, Chi Ot West. 8Vj Chi M & St P. 387i do pref . . 73 i Chi . N West OiiVi do pref ...1317, f It I A: P to . liG'j do e p e pf. il(ii l- C & St I,. 0rt$4 1 hlle foppet . 18 fhlno fon Cop. 331'. Col I'uel S. Iron 37 fol Ras & Kec, 42i fonsol (ias . . 95 Colt fan .. 7n?, Corn Products. 50i. Crucible .steel, . r,7'.L. do pref .... 91 iw Cuba Cane Sue. 39T, do pref 79 Del & Hudson.. 104 Denver & HO pr 71, Detroit Kd rts 1, Distillers five. . 55 j 1111; IIoiu Fuel 1!9, Uric gen lien. 3r, 1-rle . . ..17 , do pref . . j;.)i Ilshcr Hodj . 39 Gaston William 3ft ien Cigar Co. . r.l, do pref 103 Ocn Klec Co ..130 Oen Motors . . .130',i do rts " Goodrich n P. 57 (iretit .North pr 93' '. lo Ore subs. 33 't Orer.ic-f fop . tb' Ilartman Corp fi4-', Int Agrlcul pr. of Insp.r Copper . IB", Inter-Cons Co: tw, dn picf :, Int llv Cp tnw).U7 Int Mer Marine 2ii do pref . . .Ul ', Inter Paper . xa'i Int .Nickel . . 3:, Inter Itp Tr pf 71 8 Jewel Tea . 38 Kell -Spring. . iiS', Kenno Copper. 3-6j Lack bteel ... iit; I.ehlirh Vnliey. Zoi Lltr & Myers T.t'iiia, do pref,. . . . ink, Loose-Wiles n. 43 (.orlllard P. .lit Max Mot 1M pf :,1 do 3d pf . . . 2 ' May I) Sts ... thl do pref 101 Me Petrol .1911, Miami t Cop . 34 ' Mldvale Steel. 13, wix.sonrl rae . i'u1 .Nat Acme 9(i'.. 85'b 113?. 17'i 100U :! BH i 39 !j 131, Ii0"i 701, 2?4 89 9SIJ Ifllll, 75 Vj 49U 551. ,IUl 90 1 i 84 Vt I12?i 17 100 202 'I 3H, fl'ij 12 59 701, 92 s, 89 98 li 1061, 74 'a 49 &. 198 Vi 1 10 110", I 100 "r en's cois co 1. j bi'j tm mi.. 1 03 10l"i Int . L'3i;. "ii. 33 t'l 21 31 .l5"i 135 155 o 7 , b", . 20 "j 19, 30H -3', 31 . 33", S6U 49f'i 60 1041, say 107 ort'i 38-, T1S 96V3 131 ', 25 Gi; 6" l7Ti 33 't 37 12."4 SI-, 70, 49, t-s: u 1?4 - K --i '-' s. 18 14 sou Ii0', 1041, 33 t 107 562 38. J-I "a 9fi'j 131', 2S 68 604 1" 334 37 42'. 94'h 70 "j 49-, ii ni 29 S 78'.. 104 54 39 S 53'j lb. 27 's 38', 29?, CO'-. 103 ISO 129 'j 1. 36''H 93', 4 5 54 ', D3 4 e, 19 113 23 ; ion-, "UK. 311 70'. 91 29 n 79 104 7i" c, 34; 29-, 55 , I",, 27 's 3S't 30 51 103 160 12p-t cc- 93'.. 33 r, 4ti 541; 4iir' ' K - -I -1 117 Jil 111 3ui; :). 71'j 28 i 38, 68 68 32 f, 32", 66 t,6 55 55h 2.M 324 s. 108 M 108, 42. 43 162 in:' 31 31 20 1; :m1 fill 61) 14 1 11 4 183 181. 21 24 .43t 431, '1 -r 4 y, -;-2S I 31 Nat Con & 1,, 15'. .Nat Ml' cult ..111' Nat Clonk . S 104 .Nut Knam S: H 48 .Nat Lead pref.07a 11 3tt '4 17 . 74 r, , 81', -1 'V. lllti , . S3 31 44 41 Vi 1 it, 1 . 16 31, 49'. 11 18' i 50 '., 86 C3 9I!,4 L'l I VMI.VIII) Oil. STOI K Liverpool Coltoii l.ixTimol, Jan. 7. - Spit -ol r.,..A ,m1.. itth nrii es vveaii ,.n....n ,, basis of a de. line of '.u point" for mid- TROMf.n r..iitf. . f, iulltrut.. pt 2".19d. Sales 1IIK lM'li Ki:rillir or Till, were liiftn b.iles Heelnts were Jj.uuu Contrlfuinr, in in- nen .viuw lutes, including s.'.suu naie- Miieiii..ii. Iutuies were qui-t m i .-ai.j ...-.-.lies spot prices vveie. American, middling fair 21.30d; good mlddl ng. "0.82d: miuniing, .".i-u; w in uuinn. 19 14d . good ordinal ordinarj. 17.0?d tS Srhivil" will be liel.l nn Wriliie-ila at 4 1 MK HI II o'clnck p, Tn . I r -"-.' . - min V?--, ,.-. nrr.m f th (llrn Mills School n. N'n 08 Ilallv Bu Wins l'-l ChrtpUt at The nnual Kpor or i Iloard of Manacera riiii be fculirnittil vnfl n oItlon rlll b hW tor ftfTkern fm rhm eniulnc r uud lz mnnam tn r for !hrf iiear KDMl'VD J 1I.MRKSLT rrolTTt TMitlaiilphln n-pmh-r ni 1-!S -9CURNkLII.W(iK NATIONAL TlK VsS rh-tnut trcft at Second Rtrpet ', The annual m?e rj of th rhar'-holfle-f- . tit this banU lor Mi- elclio i of dlrtor I lo in( fur t-''1 'ti's pnr and 'or nuch ' iihr hulnf mn conn bfor- thni, Mt h hclJ ft thf bankjne hou nn TumdaT. January 14. 1910. btv.n the hours ot IX - m- "nd -" 'c,ocL noS: vr. con-av. Cashlar. l-tM;i.lN NTIONl, HAMt I I hrMliiil Street. Ment at llroad I rhllflj-mnii ijet-eniner ij IVUH. . Tlie Annual ilretln- of (lie ?h.irhnldrr-i t till- bank (or the el-uian of Dlrei tors to irU ilurln- "he en-Ulli ar will b trld at "he banlitne hous, on 'lue-dar. .laniiary 14. I ill 9. lixtwofii t'i noura of 12 o'eiock roon una i o ciown '. "1 was on tne 7.C'.'d, and li.inois . ..us fhio . . nr, I'ntlrle l',p(. ...367 .iand on ,,t cii:.f...;-s stand Oil m N J . , .078 .Stand OH of . v.. .311 i.Nniii-iiMiH.N i narne'.t O'l ,", Gas. . CnMlen ft Co ICIk Uanln . . . . l-'ederal O' Inter 1'etroJ TMerrlt' o'l . . . , .Midwest iUilui.iit ... Met petrol Oi.lalinm.l rt Kapulpa Kef . Seuunv nl. . , , . In.-l-iu- . !U6 31.0 27U JC4 081 b7 318 Oil, SKICKX !1H 23 3"v -?' ;'s. 'lU t'i 21 '.311 2. !' 3' . 19 13" DIMDK.Nns Ur.CLRl.lJ s.iiilirn "rj4t i'ninp,r' .nu-rler. MIVIVI, . f JS? nr nt p.lJUD.O Urtiiunt ... a r-.tii-r- Volfi Motor, enip.m -. 'l Mrt.nl nf 410 , ,,,r. on ''oiiinuii. j.ajrti. i'ltrunr- 13 in in , of r'eori! I el,iui.r 1 uivi ouri"il of $1 73 a -lir on tir-ferrort. p,'.ilil.' f. bru ai l to s'.ocli uf record Jnur 30. uhi,on. 'i'npel j ani ..nt 1 ItaiVoatl . .... . ciurtrh of Yti ti-r .I'll' nli ,i In oi ' "p-rabln llanh 1 tu -tu. 1 '"j"t'spnli-feM fa. fH-arte-l; ,f ...... .in roniluoii. nanble J-cbrur; Min. '. uf rmnra Jiu.u-ry is. 1 lihoii l.leetrlo Illiinilnatir.B r.mp.iri i.ni.o . n-rter'j of n oir. lenl r..";t" I ebr jur 1 to "toe. or retiir.i .iar.. . i Ailant.i rr, or(. tl I 15 I t HArtnT. Caslier l -lit ioiktii nir.F.r NATIOVAL nMJ I'llliaU-ipi'ii. 1'.Piiiurr .ill, 1I11M, Til Annual l.leetlon 'or Dlmttori. will bo ' m -n 1 p "'it. j .-lAm: 04.1,1., ,--SmUJTIIHAIIK NATIONAL HANK t-i? i-i,iiKiitiuiiia. r. The annual elfetlnn for Dlr-ctora of thli Hank will ! I'' "!.h.Ji-nUI"" Hou on TututJi Januarr II, IBIb. betnean tb, hour. . 10 -"clock VJVSteiVjS??- m- Caibl'er. nil Idem), "VATHIVM. ftKfUniTV HANK I'hllailelphU. January 7. 1019, The" dlrettora lmv llil. day declared a j.l'ilannu.l dividend ef tnflre per tent paj. 'to.il'Ti.oo.oo. Kufplua. ll.OWI.000 00. 1.1' '- 7 W. XL MclCISE. Caihler. Pill. burgh Oil Iiirej..es liivnleml flltatour-li. Jnn 7 - The riusliurKli '.l atid Oas Cnitipanj lias deel.ir.d . nuar-terl- dividend ot J'-j per .eiit. pI.i.mik ine'stoc on a 10 per eent hasls, a lompared w.tli 8 per cent lieretofot e Tho dividend is pavnblo Felirarjj 15 ty record of January 3'. Oil Company P Kuru Han rraneUru, Jan. 7 The I'nlon 01. Company of California lias declared an e).tra dividend of $1 a share In addi tion to tho usual quarterly dividend of Jl 50 a share, both payablo January 18. llooKs elos.8 January 8 and teopen Jan uary 20. Ills l.c.ic. Hutte .Ne. Yr.i-I Con rus C 1"" .S & Ji'Illim.. I'iri t .Vaiiiindi i.'oldfleld Mer-ei . . ,, iioldfielil 1 ons i.'nldlleld 1 In, em r. . .. fioldfldd I.ewauas .. O'reen "Monster Ileclu MI11I11K Howe 4ound Independence Lead . . Jim Hutiir Juu,bi llv.ension . . . . SK'Klnlej -I'.irr.iKh . M.icir.a oppr . Motlier l.ode . . . . Mlne.t Co of Araer.m, NevHila Hills Nivada Wonder Nlpls-lnp Ohio Copper Hay Hercules fan Toy I'nlted Verde West I'nd Con White Caps , . Yerlntton 23' j : (It'KS p. T. IS c 3? I- . 43 2S !3 3 8 33 la "a 10 K .' 41, li Hi 48 t'S HU IK 12 ll'j Nevada i "on N V Central X Y N II ft II N- Y Ont & W Norf Siiuth Norf & Ve- do rfc. Nor Paeii.. Nova Svu Ml Ohio ("Ins. . Ohio Ku.d Sup untnrio ,ilv.). IMeinc .Mall I'an-Am Pet do pref . I'eun It It . . I'enrla & T.'.is-:. Ceo (las & c. I'hlla Co .. filth f. Wis-, Pierce-Arrow . . do pref ... , fierce Oil . . . Pitts (Ml do pref , . . . Prtbsed S:l t .11 Pub Ser n N J Pul'n.au I'nl 1 .1 ftwy KU hpr.nc. 73', Iteadlt.c . . . S2"i Ili-p Ir & Steel. 7l't Itep I ftl pf.103 lloj.il Hutch. ., 78 Savaite Am s. . t.l ", St I, S V IU, s.-nrs ICo.-liut 1..1KS shattuel, Arlr. IS'i -Inelalr Oil . . .15', .-outh PacIHe .101', snutiien II P. 2K, do nref . . i. S1udel1al.Pi . . . Mut,'. .Minors . 'IV.-in Cn & cl '1'ei.ui. t. Pi.c. T::as o do Uf. ... Vlilrd Ave 14 I 0I1 Products.. 7 Tex K Pae I 1.193 l'ndiwn 'lip .115 1 tilon Pae . ,,12Sij tin nre . . 7" 1 lilted AH... Ml 38, I'nltd CI ir .Stts.llii'i Cnlte.1 lu-uu... n- do 1st pf.. 1 tnted li-i.tr . . P S I U. !.... t rl r.uir.ier. . do 1st pf . I" H -4 & II.. 1 rl stfe'. . . . do pref . I tali Cupp.-i vn.c.iro ( 1 1 r, . do pref . . Va Ir 1' 4 1 Wnhash In p- A WislIiiKlise A 11 Wliii-I li 1. 1:.. do pr . White ..Iiii.ir. . Willi h overlml Willis over pr 88 Wilson 10 74 Wis Central.. 36 Woolworth ...129', W P i.- M pr 11 66 -' 31 15. 1 1 1 '! 101 48 107,, 17 .4'; JlS i'l 17i 1llG 02 '!! 51 43H 44'j 51" 15 '.j 111'.. Il 4S 1"7. 17 74 Hi 31', 21 IT", ln -ii 02"i 54 43', 441. 71?, - Tllj 1 .'- 1201.1 4ui 43T, 5'; 5'. 18 31 36!., t"2 ul'j i'l'S II t 1 K.s, llllj -- il . f.l .li'.Si, .li".. 'l'ljl'i . 45 . 93',. 48 iiJ. J" 17i I83 86 63 !'l-4 121 75 Sl"4 71 llii'. 7 6 61 14', 17'', 13', 34 '. mo -J -.8-, 1.9 51 v, 5fii 14 32 4 18.',."., 16'4 13,. 7 6 193 115 12" '4 Is-, II'"., 93 I. '., 5 11; 1.12' 104 7n' 109' 45 1 48'., 86 63 91, 1JI 75 82 -i ,03' 76'j '! 14', IS.' i3I 24 , I'll--, 28 'j 69 01 ' 5n", 11 ' 185-4 16', 13, :l,.... 163 , 'V4 . T, 109 -; 45 -I 'i 3, U4-1, 114'. 111'. 72 'v 71'.. 71 1-4 tn-i'I 53"; (,5I. 1 101. 110 llllV. fiftr; fio -; 1,(1.1, R MSV, 8i, II. lT4 'il"4 8'-. 8t, 8', 18V.. Ul.. 181. 45U 45 V, till, i;5"i 2Slj 35'. 88 87"4 88 Illlth 2ft0ii Amer Acr Es. , 8-j 172000 Anfrlo.Pr Bs,. 97's 13000 Am For Kco 5s. 99, 7000 Am Kn-clt Cs.. 92t 9000 Am T & T 5s. 92' j .11000 do 6s 101 10000 Atthl-on 4s. . 85 1000 Atlan Co L 4s. 85 5000 Bait & O 53.. 81 'i 1000 do 4s 81 7000 do ev 4Vj. "" 1000 llcth S Ch 36s 82s, lOOOOHraden C 6s. 96 4000 111,1 Itap T 7s 84 W 78000 lloidinus 6s.. 101 1, 3000 Cent .U-iilli Is. !i6-(, 1000 Chile 61 84H 9000 Chile Co 7s. 109 lOOOChes&O cv 4 Via 81 17000 do ev "- 88 .lotion Chi & Alt 3'js 39 1000 Chi (it West 4s 63 '10000 Chi Ii"Q-43 82", 30000 do 4s 95'i 12000 CM& I StI r 4 Vis 74 1000 do cv 41,8. .. 81 . 1000 Col & Sou 4 Vis 78"i 08000 Cy of Paris 6- 99i 4000 01b .Sec Cp 5s 91 4000 Dili tf Can 'Jl 971 2000 do '21. .. . 98 14000 Kile ev4s SerA 17 1000 iln her I! 18 JoaOOOKrll Itep O'iS 104 'j 104 Vi 101?, 10 43", 104 8' 90-; 93Vi 93 V, 99.66 92.98 93.00 96.1'.' 96.40 96.24 95.66 101 103', 101 88--, 88, 63 puuuis. I KITTLE OF INTEREST DEVELOPS T TNTRAmNC ON T.OCAL EXCHANGE 80V4 78Vb 82 , 96 81 Hit 90'4 841, 108 81 87?, 39 63 82 i US', 73V 81 78 99 'i 91 97 7i 07 U 47 48 80', j 79 82 -, 90 84 101 907, 84 V, 106 81 87is 39 62 82; Ba 73 i 81 78 , 90t, 01 07 Ti 97 "J 47 48 13000 llud A M 111 Ss 18 llBOOrtlllt .Met I "is.. 3j 2000 int M .Mar fls nil 2000 Kan CitJ S 6s 85 Soon I.ack stl 6s'23 96 3000 1, ,v M T 5s.. 93'a 2000 I.orlllard 5s . , 702000 -.Hi Hon 3t-s. 11O000 do cv 4 . . . 39000 do 1st is ... 1102000 do 4V,s ... .26000 do lt.t 4 'is . 2842000 do 2(1 IV4S. 3988000 do 4 til 4 'is. o.umiii l.)OUS lis 03' 99.70 9.1.04 S3.66 96,14 96.40 95.26 93.72 1011, 6000 I.e Vnl rets ts.iOJ-, IHinoo Jlarsls 6s . . toll, 7000 Aildv ale 5s ... 88 V.. 2000 AIRIP S S M 4s 88 9900 Mi, Pac pn 4i 63 6000 .Montana P 5s 93 106000.N 1, C i. II 6s. 9-1; 7000 .V Y C 41,4s 64" 97 1000 .V Y City 4ViS Ma 1957.. .1011, 5000 N Y Itwy 4s.. 13 14000 do 6s 13i 1000 Nor & Westcvt 4',,B r2, 2000 Nor Pao pr 4s 85b 6000 Pa Ren ct 4'is 89s, 6000 Pierce Oil 20s. 102", 28000 Pierce Oil 24s 92 4000 Heading 4s... 86. 8000 Itep Ir ri S 5s 94 41 3000 Sea'd Al, adj 5s 62.'; 1000 do rfd 4s.. . no 26u00o Pae cv 4s . 86U 28000 do 3s 104 00110 do rfd 4s... S.O' 3000 Stli Ilw-y is . f.8ij 2000 do 6s 96 13 5000 Texas Co 6s.. I112V3 6000 Third Ave 4s. 51'- 67000 do ndj 5s. .. "ill., 53000 U S P.uh 6s. . R7 ', 1000 do 7s . . .103 13000 V S Htl s f 6s 1110 1000 I'll Ion. Pai- Ik 80s, .ItidOO do bt 105 18000 V K ot (I I! " I 5Va '19..1HHV. l'&ooo do new '19.101 10000 do 1921.. . 98", 300000 do 1937. . . .1H0 21100 West Md 4s. 38', 17 V4 41' 104 85 96 "i 93 Vi 93 99.60 92.90 92.90 96.02 96.38 95.06 95.48 101 102': I'll 88", 88 62'-. Vi;, 93 99 '1(1 96'.- 97 lllllli Low 'Allla Ins. 19'i 19U 10 Am Oas. 05 bS 20 Am H pf 68 68 3BaldI.pf.IOO'' lOO'n 18 Cam Iron 40 40 20 Hleo Ktor 53 ", 53 si 130 lien Asph 39'4 39 H 60 do pref. 76 70 lOKenne r JS'i 32'. u liey T Co pref ... SO CO I.l! Sup C 17Vj 8 I.ch nl. 65, 17 Mlnehlll.. 50 439 Ponna III: "C'i 10 Pa Knit SI 81'i 100PlltsCo.il 41, 16 I'lilln. Co 31 515 rhlla KUv: 25V, 931 P UT t c 27- 660 Ton Del. 2', 100 Ton Mln. 3 7 Va Tract 39 30P O I. .. 72'; 080 V H Stel 031, lid w cramp ') u noNDs Illiih Low 130u AtnC'as& l-'lec ..88 Si 3400 PI Peo Tr 4s. 71 '0 SOOOLrh V11I Coal Ss.ldO 100 8000 do 6s.. 102?, 102, 360u Lib Bonds . 4th 4is 93.61 95. u2 2000 Nat Prop i.Cs ... 35 35 21100 Phils Klec trt 6s.. 97 ? 1000 r.onillnc t-e-.i 4s. 80', Svc EOOuPn Hwy lnv 3s. 62 ', 02 Va 30 17',u RS", 05 15', 81U 49. SI 21 i 92a NM Cln,e ilme. 19i - Vi 06 .. 118 ..11 loovi m 40 .. . 33 "I ' 39 , lt 70 1, 32'i - ' 50 4-1 17'i 'i 5S -r - 60 !5,, It'ti "-l1 .11 .. 23', -I- 'i 27?, - '4 2'i -r' k IN TRADING ON LOCAL P. R. T. Certificates Assume Active Leadership, but Air. Unchanged Tonopah-Belmont Advances Frac tionally and Philadelphia Electric Declines scale ioJhv uml M'lv: Active Issues nci" attract mucn 3 39 72' 93, 8U Oloso 8S 74 10ft 102?, Ii3.4 S5 02 1 j -. 1 Net vti'. Ul 4 -IS -' .08 l-OCdl stock trndlnir mini irpnenillv on U small changes were Irreinilar. but wltliout miieli Importance, steady, hut ,,or,e of them developed .-ufllclent momciuuni m attention. . , Hapid Transit trust certificates' tool, the leadership the aietcr part or u ..r 1.-,.., . . ....... .. e,.ie turnover or 1 ihu'i "'- iio.uuiB at -., uncuaiiRCd, vmiiio -nvi-v u.-. , dclDhla Illoetrio i,.,0 n. ,i,. nvimi. rloslmr level. Tonopnh-Helniont In ffood demand and advanced a fraction to 2?, on sales iiRKrefitl"B ",c""' than r.nn .tihrn. -, ..., ... .. . 1 ., int I'evsloitc ir" vii ouu-ioi ii-nnsacuons vviuiani v-raiiip was uy . 1 phone preferred jtalned the samo amount, (Icnernl Asphalt common was i-f crianped, while tho preferred slelded 1 point. Lake Superior ucci . 1 American Hallways preferred lost V and Union Traction and United Oas 11. -. provement each held steady: Pittsburitli Coal moved up laa on a transaction, Pcnnsjlvanla Ilallioad as 1,, Bood demand and moved up a littlu ami LchlBh Valley Rained a fraction on a trinins turnover. Steel common was moderately active and recovered part ot an early loss folIowliiK Its course on the Mb board. In tho bond division American (las nnd Ulectric Ss advanced 1 to it while Philadelphia Electric first f.s continued to bo the active lenders am were sllshtly lower after paining li per cent In the early trading. The governors voted to close the exchatigo tomorrow out of tespect !" tho memory of ex-President Theodore Itoceveit, whose funeral Is to tx 'leld ut U";45 o'clock In O.vster l!a r I.OCM. "I1MXG STOCKS rtvoi'Ai: stocks at lull.. 43 13. loll. 43 12'j 62 Vi 86',, 89 'i 102 '4 '.'-. 86 'i 94, 52 Vi 59 85 IDS'. 83', 68'i 96 .. 102 '.2 102'.. Jim llui.-i MHc.Niimura Mlln . Ml-pnll Kvl-niOn .. .. Montana Nonli Slnr Rescue Kula West End . GOLDr'IKLD 8.1'OCKS .OS .HI! Ill 07 .07 1 ; 83Vl 89', 102' 92 VJ 86-4 94-, 52 Vj 60 83', mi S3Vt 68 V-96L. Atlinta . . Illu Hull llonth . . . . tlUmf II Ilalay . . . , Kwan,s Oro Mpearhead Silver Pick .O-J .11 .0.' .0- .04 .01 .20 ,05'j. Ill 09 1', 116 (13 .IS 01 ."I 03 .OS .'53 Vi -MONEY-LENDING HATES I1W YIIIIK -Monej 0:1 i-all. tui.vcd collateral, opened toda at 3"i per cent for lend nc and tcncvvlnir. On al! indus trial collateral tl a opening price vvos l'i per cent. Tho general money market was lasla today In tone than nt any time slneo the immediate relaxation set In after the turn of the jear. There has been no Indication of a temoval of the restric tions on the stock echangc speculative offerings. Prime bank acceptance.', are somewhat more active In limited unchanged rates 2 4.B","ii 'i Per cent on prime mem ber bills: 4 a, fi 4 5-16 on nonmembere, and 44, ff a percent on inellelbles. MISCELLANEOUS Arizona L'nltrd 2 N. 1 1I1 Won'k-r .... 0, r-iop.i MlnlnK 11 ?1 111 51 29"i 87'i 103 100 S'l", 101', 1IMI 100-, 8V, Stlfc 87 v; 103 1011 89 104 . 1'iOV, 1 00 1 98 V lOOV... 100, 58', 58111 NEW 'iORK COFFEE MARKET Nrn- Yrl. .Inn. 7. The moderate up ward reaction of about 13 points this morning vva-t ron-ddered no more than due after the recent sharp declines which have carried values down over three cents per pound since the reopening of the exchange. The escuange closes at noon toiuoiroiv , out of respect to tho memory of Colonel Kootevelt T-h'v h IikIh,, clo. (pn'E . . 14. 3.1 14.4il II 30 14.25 1 1.20 . . . 11.03 -14.00 I'lllLAIII'.LrillA Call. C per cent: time, 5-4 Wii per cent. Commercial pa nfr, three to six months, 6(0 0 per cent; e months, C per cent. I.ONIION Honey Is quoud at cent. Discount rate.-, short and months' bills. 3 17-32 per cont. iNEW MONTHS HIGHER IN COTTON MARKET Wall Street and New Orleans Sellers Spot Houbcs Lead- iiiR Buyers Mi . . -lull 8ept,mU-r Drcrmbcr PiliLA. INACTIVE STOCKS l'ollovvlng are uuotatlous for Inactive stocks listed In tho Philadelphia hlocl. ' Kxchange and In which there were no transactions today. The price given Is the last prcvluus close: Acme Tea Co 79 Lehigh Nav 72 'j Amer Milling lOVi Lit Hros 'Cfl il llld. Am Stores pf 90 1 o war . , . 1 '. Drill J C. ... o nrlll J O pf. 70 Huff & Sus tr. 71 Duff & Sus pf 63 'j Cambria htl.. 115 ,'atavv 1st pf. 112 Catavv 2d pf. 54 Ont Pass Rvs.109 Con Trac .N J 6 Cornl-l-vNtHI. .130 Hit S N" IJ..1S0 Hunt 4. II T. 10 in & n t pf. ic Ins Co A '.'7 '4 AutoniJlic Eleitric en -(.rl., .Ian. Little -cl.il I. 4 8 North Central io"j North Pi una. 94 P X 111; pf. .275 Plllla Ml w vv 21, Phlla & West II Phil Co cu pf 32 Pnlla Trac .. 7t P.vvj.s lien .. 2 Ton Mining.. ', t ul Cos N J. 190 t id P.vv.vn pf. 14 l"n PhS ItlV)S.160 War I . S... 8', West Coal... 7.".4 W J & H S... 45 Rejuiue, Oi-idem!. - Tne Autoniauc i.iisiiic t oninau.v 1. ii..,. nr.i .,,.. (1-nd of 1 n-r .eiit. payable January 13 to hlodiliolilers of record Janu.uv 13 Thli is the first declaration since' ruary. 1917. previous to vvlileii ,,mc rmar. terlyulv blends of l p, r tent were paid regularly for about sl -eau. Trailing to Stop in Memory of T. R. Trading In securities nnd commodi ties on tl.e public exchanges In leading cities of the nation will be suspended all or part of tomorrow out of respect to the memory of ex. President Theo dore ftoosevell. whose funeral will take place soon after noon. Governors of the 'e Vorlc Stock Kxchange voted to discontinue business for the day at 1" .In o'clock. The Philadelphia ex change will bo closed all day. while Hading villi be suspended for the after noon III Chicago, PlttsbutJrti nnd other largo cities. The New York Coffee Kx-i-liniigo will also close at noon. Chicago Hoard of Trade directors meet after to ilaj's market ends to voto on cosing nil or part of the day 1 No Clian-c in Refined SuttJrs e ".nr",. Jan. 7. P.eflned sugnrs te inain virtually unchanged. The demand lontlnues light, but the slow arrivals of raws continue to keep some or the local refiners off the market. The Warner Coiiipanv III withdrawn on granulated, but 1.1 offering the soft grades and hope-, to ne shipping giauulHted vv-lthln 0 week or ten dajs. The Nntloual Is withdrawn, flaws are unchanged at h.OSSc. The In-1 tmialiunul committee on Mondav nr tsnged for the prompt shipment of OuOn bags Porto ltbos iit 7.28c, c. 1, f. FOREIGN EXCHANGE Heiv -ork. Jan. 7. Tho foiclgn ex change market at the outset showed continued laclt of business and the only feature was a slightly steadier tone lu the neutral exchanges. Quotations were: Demand sterling 4.75 13-1", cables 4.7S 9-lC. sixty-day bills, nominally. 4.73: ninety-day bills 47t Vs. Franc rabies 5 44",, checks 5.43't. Lire cables 6 .15, checks ".37's. Swiss cables 4.84. checks 4.88 Guilder cables U. checks 42",. Pesetas cables 30.13, checks 20.04. Stockholm cables 39 no, cheeks SS'i, Chi-lstlani.-i cables 28.00, checks 27-4. Onjurihagcn cables 2G",, checks 26, Ituble currency showed strength tlslng tn 14 bid, MVinsked. This' shows a gain of over a cent from Monday morn ing's opening. . w York. Jan. 7 The cotton marke was again Irregular at the opening, old crop positions starting 5 to 16 polnl i lower, while the new months were 5 t 25 points higher. Wnll street and New Orleans weio tl' chief sellers and spot houses and 01 three' hu"B v'eT0 le,i,3lr,K bujer. Conslderlnj the weakness of the cables, which ri suited from February allotments of 27 I bales nnd pressure of spot" "i" loci market was regarded as stcau In th 1 early dealings. The matket showed riinslilir'tl' strength during the morning. Ther, , was covering for ovei the hi a' the selling movement seemed to liavo pretty well run Its course on the declln of the ljst few d.s ami tb ' f seemed to be n renewal of old bull c' forts as well as some buying for trad account. The rally declines 111 Liverpool wep HANK CLEARINGS llftlik ilrnrinft, tmlaj, compared with tor responding da ls,t two jenrs: into mis inn Plllla .. $00.(1.10.741 $.'.',1121, mil 4N."ir.,.'!3n ll.iBlon 111 lr.n.ll.'.l 49,143.0.111 4'.,,3il,,-i4 N. Yuri; Sdl.ntl.sr.S 701,711.191 Ton,7M, ir.s I attributed almost entirely to the prop-Hits for a further reduction In tl Urltlsh Importing cosls, and !.lverpo j was a bu)!-r hero on the advance, whlci 1 carried prices about 46 to 34 points m higher. The receipts nt the ports for the da" are estimated at 32,000 bales, agalnu 28,680 bales a week ago and 37,539 liabl a ear ago. I Yet T.nluj's 1o.3n lii.m i:.w -j::i 1 1 lne oi.n 11 m n m n 111 11 ni .I.inuary -s nit '.'m.ihi -.-s ail ys 311 'in ss 3s :c: Mlirrll.. 3il .I I -."ll 4.- -Jil 7." '.'it lis 37 IK 27. In I ' "... "-.".' "-. JO W.1 21 HI -.'il 12 21I 1 . July ... 21.75 21.71) 24.K.-, 23 2(1 ( -, " I '..lull. r. 22.1U 22 2U 22.20 22.2H 22 20 22 i. CHICAGO BUTTER AM) E;cS ( Inra-o, .Un 7740 liilis Kxtrn, 1 linn.!...! lams iie,-(.:i,tH 1 K.-i 1 aes 1--,. vi ners unchanerii '( -T'.i-? -Cll-Reeelpts, I..CKII7V. ll'.hei, un: .-.p. Colton Exrliati-e Clofed Tomorrow ew YorU. Jan. 7 The New- York mill S' Orleans cotton exchangei will Im, dosed all day Wednesda . January g account legal holiday In Louisiana Tinlt'e of New Orleans. 8, , 0 1 Big Business Success HOW JT ALL CAME ABOUT 2 ', 1, .Mr. A- - is a notably bUci'c&sful liianufuclurei'. Ho en joys a wldo reputation as bcinj; able, progressive, consciva tlvo. Why? His plant keeps running to full capacity Ihrouf-li au elfieient sellinu orj-anization. His salesmen nic active continuously, even though business is offered freely, securing il with least resistance ami expense. When it is slow, they fight t'or and fjot their share. A payti cash for law material, hence j-ets best quality and lowest prices a preference over competitors. He takes advantage of ull discounts; everybody wants his business. He ships promptly and worries over no embargoes. He gets top prices for goods, because he employs the best labor and materials and pays good wages. He has no labor troubles. How does. A obtain these results and his reputation.? By using the piompt, dependable, confidential service of the Manufacturers' Finance Company. So should you. We buy your accounts receivable (not past due) and all shipments as they are made. At once your business is on a cash basis, unci your working capital is in hand. You col lect all accounts sold. You retain your full identity with customers; lolallons are not disturbed. llvider.ee of account with u.s is merely u duplicate invoice showing teims and conditions of sale, with bill-of-lnding deliveiy ticket or express icceipt attached. You are not obligated for volume. Use out- service only as needed. -fililillllllllllllllllltlllllllllllltlllllllllllllllllllllllllllllllllllllllllll-IIIIIIIIIIIIIIIIV. j Urgently Needed A cable from Argentina, jusl received, advises the following merchandise urgently needed: Lumber Fuel Oil Lubricating Oil Edible Oil Railway Supplies Before the War. Argentina imported annually Lumber; valued at $7,000,000 Oils and Greases at 6,000,000 Railway Supplies at 15,000,000 The new Foreign Commer cial Service Department of the Corn Exchange can give de tails regarding probable purchaser- of these articles in Ar gentina, as well as much perti nent information regarding trade opportunities in other World Markets. What .'- 'ihlnli uf thr r (nl.'ftl:.un I... ..... ir.U Hitrnt.d n" .'..'.:.""' " ".- ol-ry, ),m 128 CUT, :,r, Kill Cli'i lv. UOVllKNMENT BONDS IIOMIS BAH sILM.I! 1.1 Cl I inlay I- Tus Vurlt ii-i) nil't ln1't l"ll 101! 1911 'HI I N. ' i.unJoa(po'.-i Hotli Ts fnote-)... f'osden Oil lis t'osd-n & Co Cs i ud.-iliy s . Husriiin Iov ji-js llusslan (In lik-s Muulliern llailvvu; .. Klnoiair (in s. "ij Vi's ' Toac' HhI,,,u'!tll',B i .101"! , 82 . 8.' 12 it . i.l tu j S.tVl 1U1 8' Si I (IS . r.2 i2 fill' 90 UV 'it. r-ctsl-r-'l. lOofl -. environ. H'3" , r-Eltor-t 1H1S .1, rnupon, 101S , rru-l't-rcrt 1IUS . In, riupin 102 :i. roii ril mm ', ciui.ili I'M! ... '1.4:1111111 :' r:tl"' -nl. HiS I'unanis Un, lcnli-1. nrt. 10SR , l'fnm n. rB'-t-rfd, lout. J.'gr.arai , coupon nid on tin til K na-1 VI SI IM !IS ss id A-Ued , 111U4 IO1H4 Our llflp lo "I". A In llr. A ' s". al" inoUKll i''" "" '" Invest inont etiunl to Ills by rtir ji-jn-li.isc of ".873.000 of Ills urcoui ts recolviiblo ti'cnrf.t-rtlni: more tliitn 100 tier cent incr.is-o in viiluiiif). "( adileil profit liascil on mcr-nwil voi- unl( was more tlnin four rirnwi itrentsr than our chare-H. What ho vvnt ablo to accomplish "vlth our sorvlco, cu can do, INIANUFACTURERS' FINANCE CO. n-iui.iTT nuii.niNci, nAi.TiMoni:, -id, Anrui-JH im.fiunnK Rcpr-ient-d In ull nrlnclpul I'ltiis, lhe ol,flt-t iioii-iiotificatlon company In entire East and South 1 jtyH'H'Xiii'g'fe'KWKit'X'x-x'xig n'gyiff-ra'K w b wy ty-fjm-tt rfn-tr v:.KflK' --.; -.. . tivtoLer 'i8 Ifitlt .Munufiictmcrs rinance Co 1 : -ntlen.pn IVi. li.li to assure you tlmi vie hai-t. no connection which 1ms hsen of more value to un an Blven us better service than ou It is mite a pleasure to do bui ,e" vvlth men of -our type una you ma" be assured that ndilltlonal evldenccn pf our npprec lutlon, In tl0 shape of Invoices and drafts, will contlnua to be forthcomlnir. . lu This scr ice is not only for the beginners in 1'ureign Trade, but also fur thoe houses already established in these fields. It is good business to obtain the maximum returns from a given area, either in the For eign or Domestic Market. As each inquiry is handled individually and each requires considerable time, anyone ser iously interested may 'phone for an appointment with our Foreign Trade Commercial specialist., who has had four teen years' experience in every competitive foreign market. Corn Exchange National Bank Philadelphia Chestnut at Secont E "'"""" IIIHIIIinilllllHHItllliniH I IHIlllltllllllllllllimu.,,f,g irH A J I 1 ft t V I ; fjl ID i t "V 7- Wi-s 2!V Lit'
Significant historical Pennsylvania newspapers