jpwwrj"nMww mi i ipMryjMry
,. n. -
y""
' -'- w'" f
s""
ftss.fc-' ji"y&
7T5B
y','m-ia-rrfwry:
it
1G
EVEXfXG PUBLIC LEDGEE-rHILADELrHIA,' FRIDAY, JAOTARY 51, Miff
FINANCIAL NEWS CLOSING NEW YORK AND PHILADELPHIA STOCK QUOTATIONS
S'
rt
I
I
1
,
v
X
i
lu
:-ri
(l( ?'H?P9 )y
Opportunities in
Long-term Bonds
AT present prior liifjli-
grade bonds offer an
unusually n'trai'tive y'e!d
over a Iopr period
Wo have prepared .1 spe
cial lit oi surti ei unties
lvaturinp. from 1'0 to l-J
The Jtrli's range Iroiu
S.45To to '! th.m f ...
Cifcular (in. ns 1 -sf 1,, r,
will lie fuinislird .pnn eiuei.l for
I'l "-
The National City
Company
C0treitoift Ofufi n 33 ( Utt
Philadelphia 1121 Chestnut St.
IRREGULARITY RULES LL DAY 1
ON NEW YORK STOCK EXCHANGK
New York Slocks
Net
.(if.
Some Slocks, vv UVi )N Shorts Pool KH'orl.s
Oilier.- -More itcntion li- (riven Declines.
Than l.inro
1 1 'ah Points in Tmhiv'.o 1'innniiid rus
Price iiioM'nii'nts wore 11 regular on New York l'M-hnncr, with
must issues tuniinj: downward in tin- (iftrrtuion. (ioni-rnl Asplmlt
Iti-uiiio prominent nuniii on ir luib, and common and preferrr-il
stocks iiilsnticctl. l'cnoits of lourr pi icon lioinjr iik-d for corn from
XiKcutiim caused polliiiir mid weakness in Clilcaco pit. Cotton imutovrd.
N utral cM'hanirc showed a hotter lone, Hank clc'irinp;s in this city
this month civ next to tlio hinliost rvnr recorded. Local stock
tiadinfr in .Innunry wa unusually larcc, because of heavy dealings
in Asphalts.
Jin HAAS
lately of the tnerrns
Tax Denartmeef
Washington. D c
INCOME TAX
CONSULTANTS
Ppeolalll 1 1 prrparlnc
lld Wine 1 Hi in iiiilillnt;
Ulld rtn.ii 1; lin ', f r enr
porattep li' 11 - ii duld
ual esta' - I'tjs'. ete.
raniplm 1 h I nl Inootn,
Tax Problems .rut on r.
qurst
HAAS & CARR
Public Accountants
I'eniisjliinihi Unliable
' ' ' ARent llentue Tai
Department
Philadelphia. Pa.
Our biiliif., pnlli s I. nml ilium,
li h been ti iliHtrlliutf
Local Industrials Only
VcJhTinc '1 t (T r nc
1 he riir ?t il . f
YORK STEEL
CORPORATION
Se en pei hi 1 1 i 1
irilM jnc pi ( 1. 11 .'il U i h
I id rii.tt 1 i 1 1 r .j 11 1
PM li: If iOH .i Mill I )1 1,,. r.
iiortiiriiix fin 1 -. 1 ,11 r 11 . t .
mpnt Ii.'mp1 !. mil n u MtiuW'
1 tni'1 '! l-.i fin in 111 J "il r.
me t
Benner & Company, Inc.
Widener Building
limit 'llirep I nur I Mf
New VorK. .Inn 31 Siiwk niHrUi-t inoenH'Hts nil iIikiiikIi Hip 1.i
(. c"M'' ii'l V miiioiI"' li M-li'l'lllPiit. "I'll luminous IxhiIps slmuiiiK
1 i.iMoiiiii 1 cl niMHRtli .il intprsiilh. whllf in.-inv wpi-p ovtrniin-l wpril.. ullli
il.- mom iiiiiHiit.int fi.uiirp lieliic tbo InillcniloiiM Unit 11 Mipil un In
I'lilcmr lipnnrr .1 (jool itpmnnil nppiNtrpil Stockw 111 vblrh n liiren
.liii Interpol Htlll pxlutpd wrro nmonc tho Htionsoiil fpaturr cnrl.v In
lin i!hv and In ollirr Inntanrat pool IToiIh upro nUfrowaftll In railshn;
iiiturn. Init hioip Importune wn Httiirhpil t tlio p'llnr blrli ocrurrnl
tii, in to Hip nthniicpii
Mitrlnp pipfprrrd n diipclh Inllnpiiced l iPM)rt of hiikpiiIpiI skip.
ihmii iMimlltlonx nml Unit tm'K vlil dun 11 nuir- tlmn " tMilnm 10 lis.. 11
m n rpi'iird for litis tinivrim ill.
Tlip mrilur stocks cohIiuk to ftippl (litilll nt. ttfip hritPlllpil li
tlK net loll of tbp !Piini" pprdu in tulinK to pnx Ide for Hip nr 1 liniits,
which mi lprt nniro idpil foi. Iippbiisp ooiitrin-t hnil nut hppn ilrnun In
fcirmnl tnnnnpf Himlf imkT niopil up morp tlmn I point to .':!, ,iml
ipiipmI Aloimi adVHiiifil j'b to tlfi init thpo udvnnipx prp without
Influpnip cm tlip Bpnernl ioiip
ToUicpo I'ltHltMtn wns iinotlicr stronB fpaltire. Mdancin(r I '4 to T7.
with tho mock taken l rpprcupntntlvps of lite Htnndard nil Interosts.
Ktppl Indusltlnls Htii'tiMtPd within 11 nnrrnw rniiKO iltirlnn tlm iireatpr
p.irt of tlip dux. but In the Into luidniu this tsroitp tiprnnip ltrnv
Tlie peirolpiim stwks dlsplnjed stretiKtlt In the forenoon. Willi wnik
1 (... iIpv eliipln.fc before the elosp, wIipii ilvxlc-nn I'otrolptini drupped inorp
ih. in :' pciints ft mil lis liluli price if the inoinlmi.
Inlpriiiitliitnil NlPkol w.in innlpr prrs-nrp ml throusli thp il.i, wnb 11
li 1 line if 1 piniit mil nioie. rti ilnited to 1111 ivpeifd tdliKimn 111 the
, ll Mil l.ll"
I:. 11 m 1 , 1 1 , 1 1' ' 1 h i 1m 1 .1 I' 1 M 1-in 1 i-ni. 1 tt 1 f 1 in t no ,tmr
1 il - 1 ' 1 ' ' 1 1 1 1 I ' 1 1 h ii t. 1 1 1 in e M nun 1.- ri e lie ,i
I I 111 III I 1 ill - V M "IN M II .11 ill lllH '
MARKET FOR COTTON ASPHALT AGAIN LEADS
IS QUIET AND STEADY TRADING ON THE CURB
W.ill Slrcel .uid Spnt Hollies Price loe t p on Traii-lVr
, jh u iniu r it 711 ' Tin . 1 .
' l.ilwi i;.,i,i , ,1 , 31." ,ti ij
l..lni V-''1"'"' "'" "' "' "T N
leijl' iln pr.'f . K.I . s:ij I j t '..
m .ki I'lti'in mo '" Unit. Iiiiiii - l
I Vlll Hi.el StlKiir IIH.l, JHIW lis 1 j . J4
" '"lin 11; 41; in . I .
lll f - ." i'ii. . Ki)P. .; 'l
in I'.itton oil. t.t.i, p.- ijij . I
' m iiniKKlMs i:i't 1:1 i:t' - '
Xin II t. I.mtli IT'j ti, U'.-',
dn prif . . svn, sri, M'.i4 - I n4
1111r Im I'otp At ,-,:i 1, R.Ti, i4
Nln he See 4 1 I j 111,, II 'L .
d" Plef i"T ft" 5T
iii l.lnsipil ITi IT li'.i '
n in Irfuo ,".' bj ii'i '
m SnielUllK T.' "II', 71 !B
. lil Sum Toh 1(11', !it, 'isr, M
in Sleel I'Mij -f, JSij 7S'a . .
in Tel .t Tel. i'i( Silii, !l!i .,
lli Weill 41. t;,lt II'. ',
dn prrf B '. :ii i !)t . .
in Ziik' l.d II II
t Uiiiecitnlii r.!)', 6ii,
i s-ii lincondi L'nt, am,
I MelllKltl . . . :ij'. 01 i,
li. Mil Loco Co 1.7',,
Kali .. (iiiin ;'
I ii.t.i .
MtlllK HI " (lilt tl
Vcjt) York Bonds
Philadelphia Stocks
liluli
ll-llopllliu Mln. 1 ',
Huh Slirl I! . filll,
L'lll
I'j
II ..
5'jKi ia
l-ni, - - Bt
nl'. ',
IB' --IN
Sin
l i
irArt.. i . iimn i.nw HIFO
ll.llfln til i?i .. mi mil. .
' "i2!!,'!!"K.,.'"",,,,, s" '!''7'- " 'u7"
I "IMiii Am I 'or Si e Am !!i, !MIN !)!'"
JUOiiAin SnR.it A,., mi, 'ifti ii(l,
1 IfiUOii Am T .V T C. He"; iiit Ki.'i,
1 I0IHI ll.ilt - Ohio 5s 82 S'J X-:
IIikki dn 4n :-.. ?7i: 77t:
l?riru. .1 .!. ..&
. "" c I 's .
lone Hi id stl r. .!,: vm .
I Minimi llmdemiv fis..'ltip; till
iinnnii ('mi i;v ;, 'o) .,7 j,.
..""ii no 'i; . , 'i7i.
Ancii do '.'I .,711
Ciiiiiicein l.uiihrr ,1s 'ii;.i,
liiimjcii 11 e is 71m,
I'OOii do li,, . . 7s
I lOfiii i,, , v a. . . sii.i.
Sim" 1 'hi r Alt :i.w jut,
Tliniiiiciii ( (j (H- ;,;,
l'i(if,MStl' Is '2S SI
fiiinn do ifd i'"S Tl 1 .
"(inn do e :, '. . Til "
t Jimii .I,. ,.t ,ti!,H. . 77
1 liiiiiu'hlii,i. ntH As 71
Ancii Col Son l'2s 77N
22''.n0U(',v of I'.uli dn !'it,
I Hum 11 A. I'.lo Hi- Is 71 ',,
21'fin 1:1 Ip c NScrA T'j
I I11HO ,1.. e NSerll IT-N
licnn ,,i iv IpWul) 19",
2n(nl Ctle ix . . . ij;i.
Hit SI I s i, of Ki.t
H1I1 It TiiiiiKit . 2(1 1,
Itutli 1 ' K ', 1' 1! i4
('III IVlliilellin. J: '.
''nl I 'in klliK Co A2
' iinnilUiM I'm
Cent Lcathe
enn ih- I'.iieo
i'i
in.'-,
I ",
.,1,
"il
:.i
ir.M, ir.n'i IASI4
ill' J il" ,lSil
3 1 '1
5'iiJ 'J. (, ,:i!i7non'i' llcptih ,1 '
IMP
III.'!
2d
'!
2:11,
I 1 ' l
urn, sm,
ini MP!.
i'SN PUN
il" !"'i
iiTN i'TN
in-.'. iiCL.
7il 's 7'i'J
7S ',
SUN Mi",
Hi", .".('.',
i.'i'g HAN
si si
7Pj 7Pj
7! , 7'i
II 11
: 7
77 si 77 "4
!'! i't'i
7P, 7P,
I7i I7i8
ITN 17N
in, i'ii,
(i7 UP.
iij miN
Id K'.-N
IS'. t:i',
:'.'.i. 111 1
11, r t i .,
7!'' toj;
SHU S14 I
II All liw
1(1 m Sirs 2A 2
ii 'Am It pf (.(!' Bli't
IftTinlni Aspli t!H US'',
17S(! tin pref Inj !5'3
2 InsC.v A 2 28
IS Int M M
prrf ... 07 'j !l"'j
inc. l.u sup C I'M, lii'j.
in I.oh Sn. 7Pj 71 'a
lnl."h Vnl
Tian pf 2(1 2
722 I'enn.'i Itll IAN ll'i
12 I'ii S.i 1 1 M M' St
7Ail IM1II11 i:lee 251.. 2A',
1n I' It T I e 2-i
in lieadhiK 7i' 7S'
iis.'IToti Hi I r. ri, 'I,'.
I l.i Ton Mill 2 ! 21
27 I' il I. 7 I'i 71"
ill' C N .1 IM! ISC
27n I' S Steel im's 8H1..
MX iHMdend
I l,i. n I lle.
25 .
il" -'Ts
inn 1
2S
ot'i '.':"
im, 1
7l'ii 's
2P. 1 ,
1IN -- J
SI '
25 H 1i
70. -'- '.
ASPHALTS BECOME ACTIVE AGAIN
AND A DVANCE ON LOCAL EXCHANGE
Common and Preferred Issues Score Wide Gains and
Load Market Superior Lower P. R. R. Declines
011 New Financing Announcement
1 a .
i
71 ",
I Mi
Sit' 3
" 1
I
i'r.i,
I'lo
ic -l
f.'i'a
MlN -'
Nrl
1 im.
'Imndler Mol..l(i!'. Ins
innN '
37
23 ' -
:i'.. "ii
is
Hi ,
!U
In .M .V si i' :.:i. a 1
' 1! I I'.ic t e .M', 2.1
do it 11 e nref li.'i' i.:i 1
I ' UlS'f 7 pe pf 7 " 7H
' hlii Cuppur 1. , is
'"I '!.' i:in II ' 111 .,
I 'iiiiwiI 1.1(1, 'I.! . ji.t I
' ill Itu Cnl si si,
' n 11 I'rodit. it. 1; 1, Id ,
'ni hip Stci ..3 , ;, 1
CiHm 1 'line "hot .' 2 1
In nref 71 71 it.
'el K lluds'in i" K'.-.N I ""
:i'. :'.',
(l' 151,
In", int.
.-..IN All,
IS', im,
in 43
27 N
1
I .'',,
1".
S3N
17
:.i'
;u
Penna. R. R. Co.
Ill' I,' 1 ' .. 1 1 '0l'' '
JonrJ, nt tin1 ' '1 jutin iiir n ne
sr'tmr ..I. h' ' tr 'i ti 1 i
bri...
rhr finnl! ni-r . , . .. 1" (i-n.i
Vrimi So;', Tii n 1 in our
o;j 11 mr 11 1 1 ''-m i . 1 nn i,(.
illfuf
Reed A. Morgan & Co.
11 s' f ,1 I W fl'.lr, Ptfn
AT 1 1 r- ' T" - f , x -
;u Montis
(IIIMIN 1H.M UKMIH.1l Miuims
Nfi ork, Itn SI. Hi ftillimfnc
tt mpt r iture. mrc rM(ird((l In ttn intlnn
hell tlil momlnc:
htlll. : iicul 1 nnl Mmihi, .tK;
Ihm1II' m. I Toil tnlih. IO: Okliliomi
( K mil HmiiiKliMi, li: 'tire irpiirl, I ti
ll Kink Mtniti.ottw ry . Knnwillr mil
tltnli lt Viii ttlunln. IfiMidiU. ltk
Inirir lliirlftnn iimI riinin.il1l. 1H:
i nrpii hrill. Npt itr''iii. nml I'ui-.i-
inl 1. ."!, Itlil I 1 ITIP I Vi
IIhth mho J)i ttxli r pre ii'it.itlnn at
4 orinft ( hriotl and Nh Hrlriin,
of I ().()()( Slian- ItiilcpciKl
cut Oils in Dciiiiinil
Iieiixcr A I! ii 3''
do picf . 1 .
I'l.nin Mln. - 1 1 ',
I Mm Spctn ' ' s 55 '
tlrle . in',
I'Nsher H"'li . t.1 ',
'!nslot) Wins. 2"''4
l"n CIc.ii- Cn 111 '4
Hen M,.i..t. l.'C
( do rls I 'v
I (In pirf . s;i,
tiMidrl, h 11 I' Cn'k
I'Srmiilln .Mln 71
. 'It Nor! Ik in tir fi.' ' .
,:t A"r "" Ul'M 3SN
'iio'm 1 hi ( ip 1". 'j
niltinls I'pntriil 17'..
Inl Aptnul. 15
li'lerln inii 1 'ir 5
l.i i I''
lut Mm l .'.',
il.i pi. r 17 1 .
lulu- l',ii" 31 1.
In Nn U.I '5 1
u.i n 1 Mm t.r .mi
K( llv Sptiphi 1,1 7'i'j
'v 111 t ' 1. p. ".!',
I 1. I, -''. ' h V,
1 1 ich .11 ;.;. 1
1 . Iluli .s 1 11. -1 ',
I.1.1 ill.nd I' iiMoi
Mas M" 1. 11 311'
In Im pref 5 1',
h. 2d pi if 22
M s I'.in.l I Ml' j ll.'i
Miani I 'nil Co ..: 22
Mi.lMih Sin I ll
Mn Kim T. v. 5
Missouri I'm 21
In pt.'f 52.
N.i I A 1 1111 311'
limn Mud A. M hi 5s li.''.
1 1 iHiiii nirtii 1 1 11 Is. . 13',
, .Mum Int Met 1 ',s . pi
' ' I'.'iiiiiilnt .M M.ir (Is 17Ij
I 150(111 im ,cr 5s 7''',
I initn l.i. Mi .Ih l.i '2S S!ii.
' r. 3111111 I.eliX.il lets fis. tm 1, Klin, nf
I. LIK k .M T ..S. '.12'. j ')! j '2 1 ,
.,, AdflO do 7s . 112.1, 112', 1123,
. iv I 2nnii Liirlllnrd As . ! jiiis, ma.
.,. I" Io 7s . 112", II2, 1I2'
1? liCnmiMli llonil 31-s 'Il III 'i'l fin fipni
7 . ' "(" (In rv IS .03 1111 '12. Ml 'i.' Ml
1; ' i2(ion .In Ihi is . us 211 ii.'l ns ii.1 in
I, I'll.'lllin ill, p,H .,,-, K .,- ;.(, ;,.,.
1,1 52'ion , . )i,. 'i,-, r,ii MA r,n '151,11
I I2IH0II il., .',1 ',v .i;,i, ,it)) .,4 cm
1, il'llllllll i,, U, p4S. . , f aj ;i ..
i, sinnn Linn. 1,. .mi i, int nn 1,
7, Uttnii'i Murn'illi- i.v inp im ni
1 A .Mo I'.ie w 1,
, 1 . 5s I!12(1 im :ni :m
', j 27000 Mn I'ii,. Kii S i;n 1 , ,;,i ,;,,i
', 2200O Mntitiitii, p B, ;,; ., , '
... 32IHIII .VVCA II i.s . 'i'i.. 'mi ii-ii.
1. I 201111 dn i.,s . . si si " si
1. iiniii . !'-. ft Ml '11,1 'ii',-,
innn iin aihv. '57.101 1111
IIIIMtx
'lUh l."
IHIIIII', Is
inir.. iifi-i
inoni:i a i',
Tr Is . C.''2 i.i"i
lUOOI.rh Vol
ceil Is Ml' I !oi.
loo Mli Uniids . , ,
.T..H. !( "') US 70 '.iS.70-l.no
1"o ,,i " 2d
i,k nt.10 hi. i" ;M i"
3d3D do 2d
I'js ." 10 i'3 1'0 ',15 10 7 l
1755H o lih
Pis . i'l II Pl.in i'l. 2d .
2'i0 do 2d Is '!. SO !I2 70 02.7(1 .in
50 do 1st 1s 1." SO 02.90 02 80 no
20ijii IM Mil K l"2', 102'4 102' ..
2111111 I'luotein
I tS 1I..M 1'1'j i'H'i
31100 I'll Co eon
5s Mpd S7 1.. s7':
.".Olio do im
r.s 1 mn, 1 nn 1,
.'(linn I'hll.i I
1st 5- ". m
..linn tte.idh t
KMi K si, ', sii 1,
!iil 1
S7'j
1(i'
"11
SU'4
I
Tin' local stuck uintket liml nn esceptloniillf dull npcnliiK todnj , nml
(IniliiK tbp Hist half of the session Lake Superior Corporation took tho lend
prslilp, with Cpupriil Asphalt common mid prefeiud. recent leaders, slow but
III in. Around mlddii. Ikiwpm'I'. Hie Asphnlls rpilekly took n turn for the
. . . ... . . . II I .I.A
fj ' licllcr, and opliilnns epies-pd wiil. In tlie liny unoiini? auoioer niciu --
soon werp fulfilled much sooner tlinn espected. The prefeircd lose as much
ns 5 points to 102 and the lominou nihanced fioni esterdn 's clo-sf of (13'
to CS within 11 slimt time.
I'lollt-taklnK then deploped nml curled hoth Issues hack .'.lli-'htl.v but
they showed koikI leslstnnec and held fairly Rood Riilns until the clo-e. Holh
slocks also showed thinness on the New York f'urh.
Price chaiif,-cs for other stocks were iiiIxpiI, and. with few exceptions,
huslness wns In odd tnls, Atnonii the few lsues .showitiR- morp thou IriDlnK
ncllvltv wete .Superior, which j lelded sllRhtly. Phllndelphla lllectrlc, which
turned upward for a smiill 1411I11, Tonop.ih-Helniont, with a Irllllne lots, and
I'ennsj iMinlii, whlcli showed weakness. Tlie latter dropped ns much as ',
fiom which il recmetpil a llttlp. and Its action wns considered a reflection
of I'lesldent Ilea's aiiiioiineeniciit that stockholders at the annti.il meetlne
on MhicIi 11 would he asked to authorize an Increase of $7.V,onO,OUD In the
coinpnn) 's Indehtedliess.
l-ehlch N"iRiitlon lust 'i, I.pIiIkIi Vnllpy Transit piefened, on the I1rt
sale recorded for some time, pilnpil I point, Tnnopah .MlnlliK nihaiued SIR
nml L'nltcd (Ins lmptnpmcnl lost 11 "little. (j
Steel common did little hut recorded n sllRhi snin.
llonil liiislness wns fnlrlv lii'jid, with nclMty hi I'hll nlelphi.i I'lcilile
Mist As and foiitUi l.lheili l',s Hie icitnie The funnel ileellnnl i.ilher
b. 11 pH l.ll'Ctty 3'8s were weal..
1
71
!.'
37
'I'j
117'..
15
ti
22
A-'.
33-,
-'tt,
50
"".
3.1
Hi-,
''.
2. P.
101
2!",.
52'..
"' I
4,
3N
50 'i,
71
t 1
.17 '3
1.1' .
"I'l!
11
iiiia
33 ,
2.t
An
Tit '
33 1'
23',
His
2 IN
I (ill-..
I
N
- P, 1
' 1
''.
1 . 1
1 t
I
en "lurk l.i'
. n'tfin m.ir-
N'- lurk, 1.11 .' '-irnriyl -,ImII C"! '""'?'' , ',1'
I ' SntioiiBl Lend itTN
"h licnn tin nicM proiiniipiit fivitme N,unl;i i',m 1;
ot lee iLiiiiiig ,,n ih, ird Sfln.t i,iirb,l,. "T JI :!l
1 limn innon Kiint's h. me ini.led 'n tli,, ,t kPVv.'iVt' '".'
tl e pri. e inoMiig up diirinc the llrM l-alf ' N J N'U&M .'s'..
' th- dv from I'!', "' '. TlirlNoiiiiVrii t'.'. i'l
,r lerinl so, hi "- .,( (171 lilklllhdlil.i l'l H ,
lll'lepi'll'lillt ell Mtm l(S were' 111 I HP and '",'1" '"" I !
11, fiurlv ij.,.1 demand with rt.-.Hl Imteii ' J !'!'"'" i! " ' ,:'"
'",lM ''T-:',"n" T-'- """' '' ' !' M.H '.
.... -... i-in. 1,111 ,U, ,,, ;,., l,l,, I'MII.All, I'll LSI.
IN
-3 '.
62
3d 1 .
H','
ST',
I lit,
.11
i'7',,
73
-''.
''"
!
"'I
IP,
li
3t
i
innn .M,n K. sin ,.s i;;i
22nnn Nor I'.ie 4s. .. si',
2000 d,i K.(. ,tH fin 1,
scon ivmi.i k mu. ss
I Innn do Kti ,.t 4'..s S'i
t 111 do 1 '3M 1021 i;i.
32000 do 5s ''IS. 'nil .
12'JOO piih Scr .V .1 5s so "
ir.rniii IV r I'll lis '21 '1 1
fiiinii r, 1,. Mm, 1 As. si, 1 .
I tiniii ItemllriR mi in si; '7
lAoi'OM loir nil 7k !.,
loiniii SculiAI. .nil As A"
1-iiion So P Is s 17,
1 loon do As
iiooii ,1,, rr, 1H
10(111 Sii l Is 1,71"
ITiinn do As im;
Innn 'IVshs Co i,s n 1"
12onThli(l A ad As 2s ,"
IOiiii f s ISenlt, 5s Bill,
I soon I s J, ;,q Rll7
innn do 7 toe,
llfiniin c s Stl s f As loin.
t"nn do ik Ah .
iiiioii rntmi I'm- i;H. nn -',
mm I Is cf 'i us.
I PjS ''l ton
i'l 5(1 In 'new Imp,
tiiniio do P12I 'isi
iiiiiiinn iin i'i,",7
20(111 n liuiH f,s
I nun v, .1 ;i,,r 5.
I'M'IIWVm. Mi) (u
l.i)
SI'",
(.(",
S7'
ssi,
''i,1'
'."IN
7''
'HI 1,
SI. I
S 3 ' s ! 1 ,
I'll ', Ml', Ml',
S.'i, S2', S'i,
il I ', '.". '
Ml ' . Ml '
21 .'S ,
113', fi.!',
S(. , SliJ,
III.. , inf.,
100 Inn',
',, 1 ,,i, 1 ,
ID) " I n 1?,
MO 100
Mo', mm;
'ISI, 'ISI..
1"".. loin, inn',
"-', ! , '.",
IS MS 'IS
5s .iS AS
PHiLA. INACTIYC STOCKS
I'ollon-itii; are ouotntlons On lliacttvi
slocks listed tn the Phllndelphla StocV
I'.rlif.nirn nti.l In whlcli thGIO WPTe no
1HN ! tratis.icilons today. The pric given is
lot 1 the Inst prtvlou. sale:
Aerno Tea. C.o III l.eh V.l Trnni 20
Alllni Ins. IO'j I. It Hies .. 4fi
1 Amur 'Lis ... iio Mttio Hclmly.
,m 3II11II1B.. IU' Mldvnle .... ii
,.,, !.l!.ei .f (10 MI.ir.lllH ... 501,
ill',' A (7 war ... 7'i NoirlMowu 17
ill's n.,,.l,, 1,. I ... r. .1.1. S:,.rlliern Cen ,4
1,1. 1. ,.( .."II, -II. , .I......... - --
llrlll .1 (! ...2U Xorlli I'rnnn. m
Hull .1 Misi 7"
lliiif & Sus pt 40
('.null Mi e I 13
c.uiil.rl.i Iron Id
Piil.iiv 1st pr. 61
(.'itnw 2d pf. 51
Cen I'.is lts luit
un 'i'1.10 .N .1 61
Colo l'x N II 0I.1
I I'elin Hit A5
111...- .StiilliKe 52
Clr. .n 2S5
l-'olll I il M M 310
Hunt it T. :o
ii'i
st'
(in 1
ss
ss.i
so
i'l
Si','..
s-, :
Jinn K H T pr Hi
.1 li Hrlll pt .704
I'PW Innn pic f An
ly To I . . II
17. v Tel tif . Mi
l.i'hlcli nl ..;. '
I'.'ini Nut Ul
wur . ...377
Pi 1111 j 'I ratlk' 2'i
1'hil.i Co . . 311
I'hll.i Co pr . 3I'l
l'lill.i i:i w w -'N
"lill.v H West (1
I'hll.i Tiae . fill..
I' It "I . 25
llv ys (len 2
I'll lis R ln pf I 1
Pti Pass lls.ir.n
rnioii Tr.ie 3S
Welsli.uli 'I'.
Wist 1 '0.1 1 .
Wisl .t. I . S 15
In Cliiiuli sii
mil. Iti 7'-
Yi'il. pf 32
I'lnzler Co. h.ive putcliased, subject to npproN.il of tile hlockholdurs'
meetlni; AihII 8. JlOO.non Dp I.oiik 1 look and Uo Cnmpany 1st niortKUKfl fi
per eeiil lionds, due 1020, The bonds will ho o'feicd wilbjn 11 shot I time lo
the -iiibtli'.
finacfa((Whiti:kdi:ai)
try and London and fur several years
n'lilrlliiiled 11 ttceklv Wnll street review
to the llll.inel.il IMKPH "f tlie l'HtNINI
Charles It. Ilrowii, Wall direct INprrl, PtiiU'' I.KO.mn Ills last iirllele wrli-
, ... ' ten for this newspaper wns puhllslied la(
Illlllicil.l 1 11 Inn , Satiird.iJ Ills ihic ill tlm lollectlon
. . . . ...., ... imrl iisseiiibllne of imnmerclal and llnaii
.MlllnlllueineiH .s .ec'i. lecc.r.. '.,,..,. ,,.,,. .,., ,., ..,... ..i.,... f thn
lime 1111 tile secuilti markets and eco
nnnii,' 1 oiiiiltlotis tlirouciioiiL the conn
tr. as set forth In Ins willing, liroiiEht
ins 'inlele" .1 wide lull. mills'
l" r"T, ,.n..., , "?.""V .1 r 7,;: Pr'-.hle erree, lailoiis ehaCes would
New "nirk Join mil of Ccimtneice mid
C01111111 1ei.1l Hiilli'lln. nl his home In Ten
ids " ,1 dn,. to 1111 .itt.nl: of perl
iiilnis. loiiinlicaled Willi inliueiia. Mr
Kioun had been a flii.inel.il wntrr .iml r - -
eilltiu III New York since 18S5 mid wn ., . ,, .. . ....
iiiii.ideipil an uuP'oriti not only in 1 1 I -- li l( MIAI.il
.oiinti hut nl, mad 1V1111111erM.il Par silser is iiuoted In
He had wrlttni elennelv fm- manv w "inrk lod.is at $lnP,. uneliniiRcd :
nl' the I, iidlnc piilillcatlmi In Hik 1 cum in Louden 11 1 4S 7-li.d, lincliaticrd
.in '
IP,
117
17
31
1.
I.IYI'IOCK oi (H'AIIONsj
micm. ci.KSKiNt; hk;ii
eiiiiiil 'lime in u Mouth "Hint
Tiirunsri- IaippiI- 51,811(1.(1110,0(1(1
,
1
1
7.1
2'J
211
ill
S'4
41'. --
IS
31 -
US
I liimcii, Jim 31 Hulls :n,irii, .f, .
(inn hi ml Hi. mlt llulli $IT :i..4rt i;-
li-iin huli'licr SI7 C.-.i 17 7n iiir.liui,, j.i
liu-lil l'"1'li'.- -l.7.;...ft IT ii.-.. llBlit k."I T,,
1 nli in. .II11111 nml mm. I iM.klni; tin -..,,
17 III tliruu.illtK fl. 7,',i III ,'n ,iB, i".M1
l.mal hank 1I1.11I11KM lii .l.uiiiari were
?I.S32 17ii. 2'lt, enuipared with JI.A'J.'.
s'27.Cm this tnonlli lift irnr, mid I1- the
n" mil ilini- In aiiv month In which the
tiiiniiier lia-. eseeeiled I, Son ooo.noo,
...... .. 1.... !..!.. I ...!.... 1 '11 S
,.,..-,, -. ..if ....... II. 1. I ,..-(-(11.1 IIK .1' v .. .... ..'.
,11.-,.,, ....... ... 1 e ........ I. ...... ! -
, ilTI'li: ltv.iet j.Min l. .1 ,,.., !""'''. .".' '""" "" "" "
.1 1 ! .r- nml ,li ilcU alrmij I.. i,r,., Ssh: ,,!'' ' '
" hliili.r imiMi. 2.V- hlKh. r. Iiief , ,1, ! 1 'ompai Hon h
. RIH..I .llllt.. (Mill 1,1 I.111. 1.1 o-.tf. .... . It... . ;, r Inll.iU
lllOlltllF. for 'lie laM
nn. I 111. .Innn
7 .A'" 1 1 '.'.V
11 i'l ! 'I' r.
llif Pi 2.
.Mli
I , h,
-" Init. Iirs helf,.,.
Mi 7.1 W 13 75 itinl,,.r
Sill Ml
II .lilllil 11m II
MARGIN CLERK"
NEWBrilfJER.'
HhNDKHSON sK: LOKM
1 110 ( hestmit SI.
U. S. LIBERTY BONDS
$50, $100, $1000
not r.iir mii n mi ki 1 oinii mu n '
iok im 1 iur.r
New burner. Henderson & Lneb ,
inn ( 111 i m 1 -iiim r 1
Weml'crs N . A l'lill.i. M., I. I sriiimc.- t
lie ini r.tn, . Sltt.'.i, I. hrn.ii
I .';.-". .i."-. '' 1 ..iiiiiinii .tin i .iin,., iM, 1
.el nur .1, ., 1..11 i ..r I nn til s nupr 'if I'liiiti i iirurum ill I . to a,..., ,... a.i nr ill: 1 1 - ( , . . . ,T Tr. am la. 7... ....!......- ........-
mi pomts Incl.er ,, n, (.p,nmB call ' Un , '""' '"' Transport' nt TN to 7', ''""'It P'j 4 4P - ',' ,(,,!'1,nl'"r"l'," v ' '"'" ""'' n.l m''
' , , ' ,. ,, ,, ' "sdn h Bt.ad with sales ut,T' " .Mar-pin i 13 13 , i "'" " l"',-r I'm"
The iimkei was quiet and sUady and .,n, - - -n' , V(.t ;;t , ,( ,1( 4 ,' I i Inn
hi -he first few mlnutPsnf Iradlns TK"a- A ttltl. aeiivitv hhi shown ti Unvanii ' . '' '" f V! , V ' 2 ' irci!i,,h""i1:l'' ,,,.".r a. r,"') ' ft" '.,. s"'eml "
'wed a net bmiii of 10 ,.ou,t frmn Inmr i oiiiiiienial llut.hei si Id hi 1!'; I'Iiim Coal pi . sni, xm, r,i" ; i',',,:.'!..,!1""'. v(,.",'il ;,".','. .. n....n,i-r
IPiiiwIbi eloiw '"'.!'' tniPrlcan Hnsni MuRiiPtn Kiild Pi esse d Ml Cur h i H.t lis' 4 ,:, ". t.,. Vv -r ! n.p ''i,7i!L" m't""' '- """"'
l.icnriuu.l ,.i.., .e i.nliil. Hnn n .In. ' " I" l'j Ke stoni Tire lontinueii Pull S C .T S2 S2 k' . I'. ('MAI'S -Fl'ielnl. '". 1.. ...I s... i.'
H, "
IPIS . I'Hi
ji ... ; nn. ji .i''7 i.n i. .
i 223 im-. ".'.i l .'.'.i in i"-
1 127 17.". "".7 1 P. 7 oil. .-P.
1 r.7'i s.' . Jill I 11" 11 I. I-
1 7 11.'' I", l.'ii I 177 72il li .'1
1 7("1 Sim 173 1 '.a.', sni. ii .:
I 711 s2 71 I .'..II Mi il''
I 7.ll.i'..ls.tis. I :!'. Is , , I
1 l. pi Oil ill.' I I'I7 77- 7..s
1 SMI ' 'li. 'i,., Inn i, i
1 7s 7H 3 '7 I .:iJ 'is'
1 772 lis 771 1 ..I'i .12 s I
I'i 710 'i'l.' Is I 17 I'i. :.." .
rtiool edriif. R noi
i d ihcre was fiirtlier talk nf a reduced """"i "nino at nm, to 81 'j
niton aereaffc There alsn were rpportu INK! ll(ll,s
r .il.ll..nnl ...... II.... ... a. ..uul I.A
i um.i phih . . hii.iiiii'ii. . imvi,i 'ion mi
t t.Mlle tenters Aeinrt TCsplnsne. 71,
Wall Mtrei-t and sp"t houses were buv- Amer Ilrit .ff(r 2
s and l.ii.rpool wa a niodcrate pur-i''" Marmin 41,
i-er of near mnmliF. Jineri.-nn fit Phiwi- 3
1l,e early Hdianee on ,r,rts of an , ,o11,1,l',l.i!, ,. ' 3?
, ,roved export demand in the South c'Bn i'ar & idv nf,i 'in
.iM.d -'.. ,rl,et about 1(1 to 72 iwlnts .'hm'oal Iron P ' ' 7
e(,. 1., 1 ntaht's eloslnc fiirure i'1ifi..i, m..,. . ...
.1-
ll SP Spilim
II 'nil
VCM . I...M . '."'''-
I,. I.
1 1
2'4
7X
2
II
P.
I'd
1
"12
HO
I IMM IM
I111111 il INjelliics
SM M HI I l(
un nm m hi 1 n(, or riii
1 r 1111 .1. 1. 111:111,
1 I'l '! - r . I . ffl
' .' I "' 1 I W . I .in t i,.
I ilirnari 1 t li 13111. ,1
.1 f ' III ' I et Mn
T 1 I- I . - ... I 1 J 11 I . -I
1 HI'Wi
' I M ip
I'll . I 1.1 i
B in rcr !
a, A 1 ' '! , 1
1- 1 'tie - . 1
iirvnr
al""e .'2 eeiits for Mu v. lioweer I'rann
im. u.i a pood deal uf realiiltur, und Curtis. Aeroplane
1 1 I.n. of 211 10 2 point were fol c.i ru n Tool
vi. .. t atli.r tiinmis and irregular ''arbon Ste. 1
1 1 'im d n n it the middle m the lanersou piionoRrapl
not nun. . "a- reported thai an nkli Hende. Mfff
eie.i In . ill ,f1i es In New Vol I kn Torp Heal
, m 0 pi n s .., e five or si full !'"hlRii Coal star
nii.ee f . mi 1, .,. UelHluin, and there) ';ma '".V" ,
. ... a ,r. ,.,r.,in (...., M.... ...I MlSJIII MllUIIOtK
iiiiiis. 'line was due 10 rX- . JhlObulWlnB
-1 lllll-l I "I' 141 1'
, .... 'Mis i:icMtt(ir
.'li.Ulated In the' ,,rless Motor
cut of Belgium , po,,,,. i;,iBiiie(riiuf .
ointiieni e open- Seriiuis-Ufiolh
18 ia IIMtet.,,1- ,. s,ti,,., Miilnrs . .
h if th'
p. it hn . ik
eeord mb te rcpor's
radM t'.'la , 7 . per
' nil 1 re i. irt 10
1 Inns as - 1
tn
I I
A
10
m
1
i
3"
f.A
11
1 r r.
1 -tin
j JAPANESE STEAMER
i "MALAY A1ARU"'
I mow I
PHILADELPHIA
jj 1 OH '
S v net: A Vfiinu a 1 I
aimlabie lei I Minis
The r. . p's .. tup ports for the d iv Siilauai ln
sn eKiiina'e.1 .,' ',1100,1 bales as.uu ! ''""'I'll l.d
' M'( bale ,1 m.k ao. 22 120 l.les .. I"'1'1 Wilpt-'llklillit
' . ir .go and i'i '21 hales mo
me
II
I.'
I0J
1'rianali. I'1lin
eirs 1 it,,rt Profit Miarluc '
1 s, s,,, amsliifi :ii.
IdriH. . 1ASA 1 I ,A , ,n 1.. I .....I ,.- mj, ."
-- -..-.--...,.. .,.. .". 1 nun. M.iinr. .ink.
1 A 5
On
13
1
0
.' 1
id
tit
'
70
tl
40
10
P.
1 I'
ll to-,
1
.
Jin .
-"4
1 s
!'-"
o
I2N ,
Ki
1 7'i --.I
12
I'i .
31.,
'IS
M7'.
211 ' .
Ili n Ir Kied 7.
It.'Mil Kuli Ii . 7'
mi son Motors 1 . ,
SI I, fc M f I.", I.",
sieali I. pf li fi
"s. lilnlinebK 17" I7n
Milltt'l, k Anx 12 12
Moss SS & If. I'i 10
flnelalr ml. .'.'.'. 3C,
H Pii.'ifl.' 'it ', 07.1,
H P It Sub pf ln7 ' l;ic
("cniHiern It il .'('..i, '2i.
I" Pref (17". 7.. K7.I. -
i Stii'l.-lifiKri .. A"'.. AP,
Sti.iidM-r Cat im, . jon" ,ni.
I Gluts'. Mninrs. is', IS isi.
It is ft Pae .12' . 32'. .121
T( is (',, I'i.' I1P1I4 !I3,
l" rls .171, ,.. ,..,
Inliiieo Prods 77r', 7 t, ,71,
2 d" plef In.' Hi" In;
ji- TiaiiMii'-Unih .in', imi, :txi,
. j 1 Pimill 127'-. 12.i, 127
I 11. MI01 Sleel .IS', 3S.I, .llf,
1 ' , ( kinr Nits lip, it 1 1 , nt',
, 1 ni'.'d rriili Ifin 11,11 ' m.i
1 in tie ln -'. i . 11 ' . si ,
1 x in.i iio mi im.m: h;i: .
UN ' Itlll'bel 7'. 75' j J5'
di Is' pref I lin. Ini', in.i;
' S Smelt A- :r li.', 4ii', 111',
' S SI, el 'in 1 . s'i . US'.
I" I'" f I I.C. i 1.1' I 1.1' .
mom:y.i.i:m)ini: uatks
i.ii iii.n.iii'. v. .. .in, :u 1 tii.i: Nl'" ! i'""" "" v'11 ""i"1)
IP .ipi- (ion H.....I n.i.rt ...nun,.,, ,i,i,.r lolliileriil opened indiii .11 I': I'd is lit
i'AIA li- n.i.lirfs li In.., I u ,r rue IrudinB mill ii'lii will? "11 .'llMllillls
""i'.s,'i.""i',r",,;J"e'1i;V. !''' .'".V" lr'"l eollaliral ih' opiiiliiR i.n. wis ..
IPH.S li'ielnts ISIIII .,k t,,,. op,.,,,.,
.."!, 1Us't;!",. ',.", iV-. "M'li.', ,,"i,,s,"!1":,1 T "' ...aikr. .".ntlnues.mie, ,l
Makers I 111 .'.I'll 17 -.il pin, lllHllllVl '" R''""' 'I show- IIO 1IHW ,etlopilieils
iiiiuni.iiK ll.'iitn si us iinii pi ' ' "llure I 11 R(iiid di uimi'l 1 i piinc
1 sIIKUP i I.SM..S II,,. ,,1. .-.iiik, iiieliMHlll. isiper. bill th. spppn is ,i,,.l-
J....I I inibs Pie liluli.r s. ii Unas An.- . nile IIh'OU1'I i.His 11,1 fim.i A I"
,hiKlr I imhH U;l" "', Mk-llniii. Ilnfl, -,, ,,. ,r, fi ,i,,,.,. niiiihu 'Ih.r.
'' ""I" hH'"-"'1 re some .llffeien.'cs In npei iiinik.'l
" lat'S mid llellernl . iilllllloli'lnl ernllls In
l. 1 '.in. 1.111 ai iii,p 'i", -l,,i, ii miiiii , .ih'K'IIk last-mi llllnneil aceoiii
1 hJ ;':'.. .'""'.', '", '."i1"" III l(i 17 111 iiiii.lntlnn runs up in A', mid (. p. r .em
nil!,",",, V17 -.'-. tt1: :"..ui'r tiH,yv-lz," " ,i"'" " -in ,",i",i,s
1 "' .'Vi'tVi: lb..,,'. '11.V1 V.,T "W, d ,n"" i''''V" "";, "" ( '",
I Nile. i.er til ." Is .vi. Iielf.rs I!. .Mifli Hie Hi I'.elllh lulilii.' IIbuiih 1111 .1-
UNITED STATES
GOVERNMENT
LIBERTY LOAN BONDS
Rat
3V2',.,
4,
4;
4vv;
414'
VA'o
Ctlabli
1932
1932
1927
1932
1927
1933
Duo
1947
1947
1942
1947
1942
1938
1928
Approa. Yield
If Called, or it
Selling at Par,
on Callable Data
3.60;;,
4.70',,
4.92
4.70';;
4.97 ;,
4.75V,
Approx.
Yield to
Maturity
3.55
4.42
4.47
4.53
4.62
4.68
4,85
J50, S100. S5C0 AND 11000 DENOMINATIONS
FULL INFORMATION REGARDING THE TAX
FEATURES OF THE LIBERTY LOAN BOND
ISSUES WILL BE FURNISHED UPON REQUESl
MONTGOMERY & CO.
1JJ SOUTH 4TH STREET
PHILADELPHIA
14 WALL 8THE6T
NEW YORK
In.
1
I s
I Mill
e.., $1 .111 I'.' "II Mother it, J f,.,,l
IS ..ll'.l I.' .1.1, - IS T.,1 I 1 Ml
SHIiKP- l!...lpls Hill i,,,, HMiil,
e(, H fS ,-,117, , ,,
JKi' nt ;
( M IS- It
tit 3fi
e'- " .1'. .-..,. ,...., jj; ;,.!
ill hill, li 1 lt il.1l IJ . Iltflim OH 'in
17 1 .ies !."'( I . All
Km. is I il. Il.i., J.i.. :n
pi, tioi.it ,1.1 sirnna II
1 ; 11-.
1 iiri.r. ii'.'i'ts ii-iHi ii. a sieirfi
I, 111 Micr-i tls-Tl III stitnjieril ste. r. until
II, iv T'1'i ( I'l .'Ml ( l.'l All, hnr. rs
s 1 14 . nit. I. If 1 I
-IIKKP- II" in" Aisi li. .,,1 striins
1 1 I.s H. " " " v "". HliMi 1 1 ,
., rs, till I.. . S1 III ,11
, . - ....-- , .-- -. I llll"! illll"l - ,!- )"
, "V10T,J1, ..,n,- .'.'!:, '."-.!', " World Vllni . i t-
' r . f.i 'iiiR f:. Ji' ij fj fn I'i ;::.;: ",imhi. mi. m.mm,
St.
taa,
and Yokohama;
Sailing About February 10th
lor 1 rdclu sp,nf an(j
lisle- p.ll 10
j Gasley, Davis & Co., Agts. '
316-320 Walnut Street
I I'HII MII.LI'IIIA I
j. I'hone I.innb'ird 20050.7 j
(ntio!) Busrrt and (ellert
New ,rk, Jci I -Mar. h Mil. hell,
i.i- Piatf in. I Sellar bnl , Hart
1 ', in.i s 1,117 offered
Mi' -V. linen v '.lover Hi n an ''as.
-d. W-i h 'ii.in It Kubbard and Ka(
.111 led Isieff. r and 'learm.11, r,fr, r. d
1.1 MH'le 1 MeKnum. Sinith
- li ' "id t'ea. m bid WIN. n Mynuil,.
lid ' in is offered.
.. ' 'b.,i W .Jurnnen- Mlti'heli and
- 1' bo! . Klnti Cl.aunin, .Newman
. .' IV, ,. offf - .-(I
Till no i
Ohio
Pratri
si ( I (
i n v .1
s f 1 V Y
P p..
M2
.31"
2"1 1
2h,
.'
IM
ii;:
322
271
-71
fifi
321
(P9
(iifl
.153
' tali ('opper
'ab st . c.iip 1 1, ',
a 1 ir ' hem ': ',
nl. an Ik tiiiiiK I '
Walia-h 7,
M ' st Mn, i ii, ( 1 1, ij
e-t I nion S.;
" 'siu.g Mfu . t,
tlllK Mntnri IH'
W P M pf B '.
fi'l
Ii!
tl
111',
Us
i'l
1 1.
Ill I
mi",
41 ',
I (i'i
I.S
-p .
I ISlHllh "III III 1
70 Ii nl Nml
I ri't.l-; 11
1 .111.1 p 11...
' I '20" li- 1
I. ''Ml . 1
.a
literal loan-, for sisiv :,n,l plncn d.ijs
1 ids are bloadh i', 10 .. '. pi 11'
and ilieii me ... mis.ui il ttanr.ii lions ., .
iiidiiKiilals 111 A', pei i mil nulla tii.,1
late on mixed s. miiIHis tif A In 5', per
1 ent
Call loins on inline bank nepi'pttiiii -,11'e
UIH'lllllKP'l a' P. per letll.
l'IIII.AIii:i.l'lll Call. i s?r cent:
time. Cn 5i (1 per tent. Coiiiiucicl.il papei. 1
.t ,. .1. r.r., . ..... ....... . 1.-
lliren 10 his liluiiuni u'uu I's-i .1111 1 o.a
months. C per wn'
MINIKIN Mull. IS lll(lleil (It i.'i
iiirient Ids. unit inns, slion bll's nml
ilinii nontlis' bills 3 17-32 per mil.
.() r.KNIIIINT M f I'llllll.S III PARTMF..N.T
ii.i.i.I'iiii.ni..s, 111:1.1,, 1.11.1111.M111 iu.-uj m:iiim:, jiai.n -'ast
I
..mhuw PHM2iss4WMsiWM.aMWfMfliwBMtiBMi aammmmmmnKjmmmmvmMmmamam:MmmM
ISIU.l'I'.NIII'.M III
Rarne 1 il & 'ins .',
' 'nsd( 11 d di 7
RlkBin ..
Kedenl (ill 2',
Intrtr pi i ml ri"',
Housloii till 7 i
Merritt (' I 21
Midwest liellsllig .121
Met Petrel :tf,
Ohio Kik-1 . ... 1
lililtonntu nf 11
. a ... . -.....-.....-. . 4
i.nerpf-ui, aau .u -spei . ollon wis sanuipa ftef
sIUI'Ks
ii',
.1
llv'-l II
i'l'l II
1 I ll.ir
is I .
, I I '
1 'II
-M.lllsn
,1 I mu ,
pr. f. 1 ri-a,
r .nt p.
IIMUHIM) FMiMNds
B'H'riii ' ci.'in.
Liverpool L'ottou
. Jan ,11 stnet ,
m tortus, with pities weak on the , Sccpioish .. .
ism of 4 rtei line of Is points for tun). Slin',alr . ...
in, old contract, at 17 0.M Fu'ures Island Oil
13"
3'
II
21
- .is 1:
1 .1 r
III .ti . 1
I 1 i'i I
, l .r
,' "II. ri ,, .,,, I
N T II, ,,, I
I .1 1 . r
1 5 t"
i. 1 1 . 1
: i"
1 -. ii .1
1
' in
mln
,'nt I'.iliiui.
is Ktilruil
I .n.l In .
I f!rn t ref-rti a
in.i 1 r. f. rr.,1 J
ti 111 1 per mi
. r it i.n. 1 Mm.
.' 1' .nil . 1 1 . r I i 1
n 1 1 1 t ' Ilun s
W is -'1 . pci leni,
ii'f.irel 1 ', 11. r 1 e'U
M:V VOIIU (.(lITKi; MIMsi:i'
Srvt Mirk, .1 1 "I Tin market for
.offee ! llltires .( I Mm: , ,, ,
vinie o II 1 n 1 Thui. wa- 11 fair
111 mar o. 11111 "Mi. has wte Imbl Sen-
iim'ui itne innn. ..11 p. th,.
minis mniH".. ti.i , Mperml . able uf'istr,n to ninety days. The third
1 1 cm S'llllim Kli.itnc- 1. r.L.,1.. .. .. Ol Slicin n. iion.j "J -. '" (Iiiin
. . .T. - " "' 1 ,.i- ,i ronrtii columns nrn (tie trues top
..lluoiintM of eollnteini loans (.eenrnl
lesi.i.li" , 'I.mIhv. 1.1. l'niiriiincnt bonds or notrs 1 ,
Hcrcrir Hanks' DUcount Uaies ,
Oincial dlseoiint rates nt the twelvi
I'(deial Pescrie hmihs were as follows
1TI10 first column i:lrs tin rates for
..tl i.nrlo.ls nn to and lncludinc a flftien-
strntnier ,1,,., tnatuiitv. tlio second for a peilod
il .nniA " ... ... ......... .1...... m... .... .
..nn in fuiiir s . 1 "n in inn r.ii.
M.i i
ji,'
S pt
1
nl.. r
l 1
1 I.e..
1.1 sii
13 (III
11 III
13 HI
i'l" tllliw
II III
14 IHI
13 T.I
13 .'.'J
I'M-.
lie. imlT urci, . 11.1 'ell .l.'O
Nt "per lnic.ee , 1 nn ,-,7
Twelve miiiith. S' , IA1 'IIS .141
iuiaii" Hfter 'is -. ,1.1 127 u'.il
vi oner Inielne
MIl'lll'PN ' I- Mrt ,
J ir ember cro.s il "i.s SS7
V.i eper ini.'ixn- I 11111. ,'j.i
'Iv-. f nn. nth.' it' sj (I. ' M .7
jta aii e ..ft.r lasi 1 1 . .,. 7,i
N"i 1 l.r lip .1 . 11 1,11., ,s.)
111 eari) neanngs snot pr, e
I if, ,. ''re Anion, an midd mo fair, II ;'4i
! 7 TH " 'I I'lldrt'in. 17Gd(. mlddlmir, 17 ('3d
'.. 7IT .i miililhns. ISSId- ond ordinal-,
?'.'!'. ' II ld and ordinary. 1 3 s l.i
Illitu I". I K "Ml Ik., i -
Hll.VL minim; ptoi ks
'.-iiN'iiPAH STm kh
i t
Jl. ..
r, h
'e,ve
11 -11 I'
I'l" '..'
1' I" if. ,
1 T. i,H4 till, iti-r :
7'2",'l'i4 1 .. '.tuai4 .-
i ikk En i: .(i iw,,riir' V.M'" ... . '
, . rn.. .--,o.. Miseah Klnl"H
i aroaa l?7io.'i -.n.r,-, i,,i,ii , ti
niiMhs' ,., 'i 1ll(i.1 , .., .1 ii, i.mi : ;. .,;
II" v." T PA' I. MI.NXKAPOUII AM .I'M.DFIKI.D TfK KS
(iMMIt, ' ' VlnVl "I
i, ........ ,....-. . ill it li Hi
' -''- . w- -- . 'e . ja.n -.'! ....... ...
"2
ml
l.l
17
1.
II
ji. !,' v ar..s . I2 2lia lata ,.., '" '
"Vi. .'t"-V.; S.?,'! .'jrf Mn.'-ili'lO.-l.l.l'il
. u.'.iiih,' tr.,., 2is.'ii'ii a r.llvi 'I'"
I ..fi.riaxf. .'ii-.i'ii- ,; ,V. '" "r"-
N .P. i lie in.-.. ".1.1 70 .) 3'J I All '','",, ,,
V Ilii'lLIM. VSf I.MvK l.llll. ijiu'r P
1
'17
2 MI3 ISIS
Mis. I.I.I. WHO! s
:: : r-
.IS
Kx (IHubnu.
.(I
s.l
.1-
jre . n-.l. i.
'' ' e (in utliH ern-s 1.1 R02 1TH
. if!-r Ih 1 ililS.nfi.- -1 .itI.Bii I Anr.'iia t'iilt1
S . r.t.nl. In...... 1...U-, ut ....,..:!.... ..... ...
. , . ..,. ......,., , io,.j Tli,7 lol eis'ii . ."i'w. .
CAN'MUW VlllTIIKIlM 'T'.'.pa Mil ln .
"' , !"" ' .'rl'!''nn 44llliO , "" .
.'".;,',""?;:"" -.'?s,,7i.1n,'., J!lin'. Itcfineil Migars Am I.'nilianefil
' New Mirk, Jan '!!. Ileflned cuimr, Verlngtnn
are unehansed at !'.', leaa 2 per cent
. for eah The deiimnd l moderate,
raiuli of lV.ler.il Ite.me in HulT,ilo Itaws me un. haniP d m 7 2V delliertd.
Sew iirk. in 'II The l'..ln,i (,
; " in.,...' i hi. :n iMT'iiit ndi (,(,-
( llM ilf.ll, ' I i
i
'ilinrork fd J",
JI1MXII S'I IK' U
A'laiua 4'j
Hoi Idge .....
Untie Now Vnrk
' oi ArU
i ' K s it b roiua
Past Naiiniiai
union Id Mercer
'ioldfielo ' ona . .
'ioldfleld Flnrerue
'."idfbld Kewanas
'.leep Molikter
lie 'la M nine
I In it .Vltlllll .
iial. (.end. ti. e Iad
.let., Ille erdi. . .
.fun Huil.-r ....
tuoiiio KsteiiHioii
Mi Isiiilev liarragh
il mn i Cmiper . .
Mother l."de
Mines Co nf Vnierl, a
Necada HiilH . .
S ei adu Wondi r
Viplsun
' iiiin Copper
Itnv llerculea ....
Man Toy
Tnnopah Kxtetisloi) .
l'nlieij Verde
'( F.nd i 'on . . .
While cap, ....
'
i
P.
1'i
12
'
.I'I
:i"
3',
W
BUSINESS IN TEXTILES QUIET
I'pw Onloi. on Hooks nn, :irikp.
Iiilcrlcip uli (lipiMiiM.
i)ivii)i:.ii.- i)i;ci,iii:i)
Up. ten . .. .
N't w Vnrk . . .
IMillii'elnhla .
CIlM'tHOil ....
llbhm.nj . .
Alhllll
i r.im i.'.insnil.ln , .,). M.m,,,, ., n.,.. ('hleiici.
i.l of i.n lent, i . ,,,. )', bru.iri lo to f l'Jl"
.. k ..f r. .n.l Jimii ,i .l. ' Mlnlieiipnlls ..
(1 in i il . 'Iiiin I. il i inpiiii .inirf.r nf Riii Pr.inrlMio
in un isinni i , ,1,1,1.. r, h l i linnms cily .
lido...
Iiusiiis. ,ii,. lit t, St le miililit.l. Hie, ...
iUli t. Ii nn fun s n pottinu tin v ,,
St
13
45
' "i
3;
7"
a
.
9
iS
P
13
4
4
in
I'j
.
-'
1
A
ii'1
4
Is
lew iiril.fs nl, f i, r Iw.i.L.. n.. .
ti.e vi,, ii, ,..'. r ,,,, ,, ,Ve i1:,,.
dlsiri.'t l It ii Mi,, . i'i, me o,
In rutins repot t I In ir emplnie. .,u wtm,,.
this -Itlliillnn lililini; I Mil .1, o.,..l..i
'Mibt and
..( i- i.ird I1'. 1 1 i in 21
lOf.M.'MI.AI AlAIIMIT
i. ilsss
'.'. .
...4
... 4H
... 4',
... 4U
. .. I
...4
... I'-i
: i
... 4'n
Com. paper Uuv. paper
lu in i'u in in ! I
dim t. .liid U is.
4',
4 .
4,
l"l
4",
l
r
P. WA 4
1
4
1
I
I'i
I
I
4
, I
4'i
4'i
PI
4".
'
I'l
4'i
P?
4'i
Pj
I'i
Pi
4'j
4'i
I lie Mil. uillB ' I
ii .-I. ii, puiladelphi
i nl t v .in k and lie
. f Vi. noli- Pulled
Nur t.1 1 ii t ,
nilSII II17.KI It
nil (be fte.h ,,.
flirillsheil I,' (he
flit . of the Uureuii
. i U nsrinp nt nf
tflo.lerile. .up.
a i.
effccl nt, lin- luiiniif.ielijie of wninen'a Il "'"'"' n Ulnd I ti Iful. tinirKet slesili-
wnirliiB mppmkI. '"' a I J"'f eo .nil iinimmi m.er. ery
loais nml run hirs nes.
Ji i.b ! iipind unlv f ii-
I'i
the liit.siiect- .ir. i ,V , ... ' ","" STrlliliM- lli eipi. iisi i sueplv miiilcriile
r. .. '. ., ' I ,'r " ' w.' ""' ""'BilUJ limrk.t lii. civ on K.....I I .f i.l l.'l l.i $'.'7
ior sptiiio iiiisin..s In tin. tiiainifiti tiii.i ii.iiiin.ui.r kliul. weak il i Jje, iicman.1
, nf iiihi s and b.vs' clcilitnic .,li,0 to lll1'
III MI'lircllV of lller. llBn.llsn !..,,! -.?..., lllWS Ht.elpla llliul 'lie .Ul.nlle.he.lv
1
Mi'iircllv nf mer. haiidlse inul prevpii. '"WS H...'lela nimi .;e aumlie. heats.
, 1.I..I. .. i.... .. i. .... ....'':' ." i.i i... I . -rs. ueub ill til i. sin a. n..
no
ev,
'nl and lo
ii-aU in ti
38
PI
ItlC hitlil 111 ice,. Ilf bo lb mute.
i-i.. ... ..... .....,...., i:.l. Ile.eh.tiimi.lt le mloplle. fnlrlv
.. "-'""' '""""'imc Boes on in am i.n nmrk i ssmK . i IJ lo I22. d. maud
'Tlm harOwar. line remain u.i ve In r t....r
all lis luancliM and it Idle tb ,n. I'lU'.ls- IP . Ipis in..c. i n uurlnl mimiv
peal's In be ii sIIbM fullliu: off in L I' drin ' 434 in 121; ! m ui.l fslr
amouiu of puri'lia?... &il!?,,,,iTu',,,,t,,1. .,,,,!b,!f..;,:." "' f.'- Xm7I! " "
belleted due pril.clp.ilh lit II,. inldwln- U7Tt! '."J'n' .W hsl 1' nmrset Me.dy
ir season and Ih.- uncertmutv of i, ,u $13 i . 3" ! rnniei r ,
,.4'vir- iisRio.-ei. ..iniiiioiis in tills i,u.
rnni'ir.N i:(.iian(;i:
Sen i.rl., .lull 31 Tlio toielgu es
ilium:'' miiiket sIiiiwmI coiiiliiinil dull
ness In Hi" early iIi'hIIiikh ti'dai. hut tin.
ti.ni ttae stead), im ludim: the neutrals.
Theie was wry li"1' "f Interen,
rjuotntliiiiK were
1'etnand trillna IT."',, eaiiles I."!.,,,
slxlt-d.il bills iiiuiiiiiiill) t 73', nlnet).
ilnv lillls l"P;
Plane rubles A I5', ehnks S.IBIi.
l.lro ' allies (1.36. i heekp (1 37.
l-wlss eahles 4 'in ehe. I,s 1.113,
ilullder rallies II ',. cheeks 41 U
Pisei.is cullies 2'i 17. cliei'ks 20. In.
Kliickhohn ealil. 28 2H, checks .'V
I'lirlsilnilki cablis 27.10, i hecks 27 20.
I'lipi iill.iReii I'ahliM 2n 30, rheidsH 2U.I0.
Ilubli. rurrein t was dull and un
chaim'c'd at 15 ''" 15 'j.
Now ready :i free printed
report on an uniisiiallv rich
Oil Producer,
. Refiner and Seller
Sapulpa Kefininj,' Co. yielding 7
SAPULPA (inc. 1915) with but $2,000,000
capital and current assets of more than
$1,000,000 and paying conservative dividends is
building up a large surplus which many believe
will be distributed to shareholders in the form
of stock rights; expected to earn extra profits
rcfininc some of the enormous production in new Rancer
fields: located in the Mid-Continent field: experienced pro
Kiessive manaRement; powerful connections; 9,000 barrel
refinery; 14,500 acres of oil lands: excellent transporting
equipment; yielding 7'r in dividends. For full details
(arrantjed for quick analysis) write, call or 'phone for
Free Report No. TU-210
JONES & BAKER
SECURITIES
Widener Hldg., Pliiladelphia
'Phones Tltll, Walnut 1690
Keystone, llaco 2290
Neir York
1 lllsnk''!
Plrrrl Pdiolc ll'lrrl
ritniiiirun
ho. tun
Prtiea lenmlii firm nml i nllt,-, Hoiim lire
WO"!.
MNK U.I'AMNC'S
i Ir.irlm:. .,l.ii (ii.ni. ir. . I wab n
3'
rte ll.mk or n.
1 Unit il it '
lluffa ) I ,
IKiMis
lleth 7a (note,) .... In I
i i,s(len ( ill Us . . fill
s l",i e ' i lis SX
il . 7s I
lOI'j
'10
1 1 , I
S 1
run.
L-li "' I'i opeiieo I , .i , i,
MLh I IP I'jl Wl'l Ml riK sPrll'h I
C'Vank ix il'J rrueral Jtcstrte stem,
i I i.Hg1 M' J'np ' 'n
'iudu to) .nbuudine Ca tut i u
riilclilt ltu-ine .mil Afsels (Jrntv
lieulru in nlf.iel. ul m-.,.clu .,. .. . .....i. ... i If., ii, ...... .. lt..nk
4.m.l.a W; ...Fjirinj . -j7 ffi' .'S3 annliyrcpc.n u-1 - IT'i'i," -...nrt..,. .! ... .... .ar. '
hUHlnras at'llte In th,u line inquiries cu-ase of II lfj.295.ICn In Insurance In pii, . jiiii :' 17 sss .-,i i (.111.13:1 Js7 s 7-,
arc more iiumernus in 1 unnei'llon it t, pirn us iniiiparrd Hh tho previous li.nttmi . fis.r.ljjiu 1,1 211.1 720 A7 n-.T'i-. 1
..Ullllllis II.H.IUIIIIII MIIIN 11. 11. ....,.l u . ...... .. . .. .. nun I.U I.KSO.H ...,..(( Ulllt.l ,,. 1 .11. S. ,',,ru .11...... .......... ,, ..... ,.7..'l S...
houses rennrt nn increiiSH In l.tiin.... 1....1 ...,. ...... tsT " lit l.l s on.. ...'....' Ilsittiiinie 13. MA 270 7.lls.l.1I.1 1:1 -'-.l' '-.a
P. In eonnietlon with labor satliiB d.tic.N metit shows heavv lcs . s durlnK the lat-,' '"""" in ..sum s.' i.'iT.M.'
U 1 l Im anticipated 1 hat a considerable vol. ier pall nf 1 0 IS, due to the Influenza, epl- - I
umo c,r business will he npparc nt n 11,1, rlctnli' P.Dineiits on policies In the Inst , ... , , .,, , ,. . . . I
' line in the sprint:. ,i,rro mnntlia totaled II. 172.035 71 on 1'l.ilt I.xleHMon or Iraile Willi Asia I
"The sloie iinde is fnlrly liu. . 107 imlielis Of tl 1- umoiint approx!- a.1ilnBti". .Inn 31 -Secietary Ited. '
IhouKh oiillnued mild weather . liases a inm.lv find nno wei 1 (o l.eni llekirlea of n.-l.l and r'o'U'lloi Tliurmau, of tho lie
fiillliilf off In ileniani for sttiple K.,, influ. 111. sl.tlms pni'nielit of Coiiuneice, , ,) , 1',0 J '
.l-nlPniPMa ;;;2Wl:- mot- iTnl'y of the Siale I.,.,,.,, twnMT,t.
,"1 ' ,Lp-;, ':';';: r;,!"":,;,;;"lr :,; M,,i,er ,or. r r.,M i. sn. ,erira W Wr-v;
r "" ' '' ' "s ' 1 1 u , ' ,,. ,,,rt ' 31 fluid eoui '.'(etcher of I'lm nln foi a Knleinl 111
. " ."K "1 Jl.l'.iiooo has been tilth- eorpo'iilh.n of Xmcrlcan interinlses n
.. nV5L!-l m"i,r'. 'n' "ln'e r'iero .P. mo fion. Oiu Sinn..asui) for ilili- fnnlBn trade, disiimed particiilurly to
,. is no cnaase in jince. jimu, tu buutli jMitsrica ' vromute coiumcivUl extension In Asia.
Mtt I
TO THE HOLDEHS OF THE
Government of the United Kingdom of
Great Britain and Ireland
FIVE AND ONE-HAI.F PER CENT. SECURED rnw
VERTIBLE NOTES DUE FEBRUARY "lJJg00
ASTxm n,,d lrcland 'f-t? oWttsf 3;
The undersigned will, therefore, be prepared, at nnv tin,
to and including Kebtunry 1, 1919, t0 accent such noiesj-L1'"10 UP
sion without requirinu tho ten days' notice. r convcr
Bankers Trust Company,
16 WALL STREET,
New York.
(a
-.
.t
F
J
.
1
it
fcl "S
r
SfciiXJ