WttMfcfcM ipiw vrr., u VV-ff - j:: t WW t v .-t. fa Mi KT. K. 3 J . f,v .?ty l:c f is i t 'hv-. ! lli.z. Ill, -, 16 EVENING PTJBLTO LEDGERS IHffiApE '& '!. TO YIELD 5 Province of Ontario 4 Bond due 1926 ONTARIO is the largest and most important Province of Canada. Popu lation, 2,523,274; assets, $595,881,000. Send todav lor Circular TK-50S TheNationalCity Company CtrrtJtctiitnl Ofen in 3 Clin miJpVii--U21 Cke.t.ol SL Te'ephone S400 Locuit FINANCIAL NEWS-CLOSING NEW YORK AND PHILADELPHIA STOCK QUOTATIONS .VIGOROUS ADVANCES ARE MADE BY STOCKS IN NEW YORK MARKE1 Confidence Shown in Values of Securities and Industrial Outlook Motors, Including Rubber Issues, Make Wide. Gains Du Pont Interests Buyers Cicw York Stocks High Points in Todays Financial News Vigorous advances were made on New York Stock Exchange. Many issues scdred wide upturns, with motors, including rubbers, leading. Buying was said to come from those affiliated with du Pont interests. Curb business was the liveliest since early trading In war-order stocks. Corn rallied near close, following nervous day. Cotton was irregular. Neutral nnd French exchange was lower. , MM H I Investment I Suggestions We have just prepared a cir cular listing 93 attractive bond offerings, including: 37 Municipals 14 Railroads 19 Public Utilities 5 Industrials 8 Foreign 10 Short Term I The rate, maturity, price and j 'yield of these bonds are in- B .dicatcd as well as their tax- j exempt features. Many of the B bonds are legal investments for g Savings Banks and Trust g Funds. lj Send for a complimentary copy 6 of thit circular, No. L-21. P A. B. Leach & Co., Inc. 1 115 South Fourth Street g IIBMBillIIIIIlIIIWBUI'lC New Vorlf. Feb. 2G. If activity Indicates a steady growth of outside Interests and tbo firm establishment of bullish conditions then today's stock mnrket Rave ample cvldcnco of a belief In the value of securities and confidence in the Industrial outlook, as stocks were In demand from many sources, and during the greater part of the day vigorous advances were recorded nil through the list. Trading was concentrated to a great extent In various Industrial groups, with most Interest today shown In the motor Mocks, Including the manufacturers of rubber products. Kelly-Sprlngflcld Tire was an In stanco of aggressive buying, advancing 5 points to 113, a new high record, but tho most Important operations were In General Motors, which rose more than 5 points to 149. Nearly all the buying came from afllllatlons of the du I'ont party. Whlto Motor nlso made a gain of more than C points, with Its advance to 57, nnd the other stocks In that group, including United States Rubber and I'ierce-Arrow. Willys-Overland and Studebaker demanding attention by their display of strength at frequent-Intervals. Sugars were also prominent and higher. United States Steel was the only stock In which orders were In Urge blocks. That Issue advanced 1 point to 4Ti on heavy trading, and, after reacting to 94V4, rose to above 95. Baldwin Locomotlvo was one of tho few stocks that acted In a dis appointing manner, after advancing from 77 to 78T4 It had a sharp drop to 77. Bethlehem Steel "K" rose 2 points to 65 and then reacted. Marine preferred rose 3i points to 101 U, with a reaction to below loulntcrborough Consolidated preferred sold down to 19 and then rallied to 20i. In the bond market thcro was heavy selling of fourth Liberty i,s, carrying the price of that Issuo down to 94.08. Trading in other Issues was on a moderate scale. Changes in rail way Issues were narrow and wlthqut importance. .... . i Itih ttw Ajax Ituhberi. 16 H 74 Alaska-111,1 M .11. Ill .Alaska' Juneau. l 1 Aiiis-unai (o.. n 24 H " do pref . ., . . 87 Am Arr'Chem.102 , 10Z Arn Bert aug-ar 7U 73K Am Can ..... 49 45H Am C FMy C 91H 90H Am Cot Oil .... 44 44" do pref 1J 12 Am It A Lea,. 17V, 17H , 'o prer SIH 92 AmlntCom.. 66' SSK Am IceHec ... 45 U 44 do pref . . , . Am Linseed . do pref , , , . I Am Locomo . Am Malt pf I Am Smelting . Am Sum Tob. do pref 100H Am Steel" Fdry 2 I Am Tel & Tel. 106 Am Tnbucco. .196 94 5Sfc 45V4 48 47H 87 17 64 03 '.4 48M 47 64 6Bi 11M, nm 100 Nt Cloie chxe. it .. t4j H 10: - .. 9o; 4- 17 94U oeu 4- l B7 60H ZIM, 92 87 H 98H 65 78T4 102H 48 . 55 .120 IK INCOME TAX RETURNS OUT i Tter Nt Incomes of I500O or lfs. Tour accounts should be prepared for Rtums ot net Income In excess of 89900. and for corporations, firms and fiduciaries. , We specialize In preparing and filing returns, auditing and clos ing books for corporations, firms, individuals, estates, trusts, etc. Mr. Haas. 5 years at Washington. Mr. Carr. 8 years at FhlladelphU. with the Internal Hevenue rtureau. HAAS & CARR Pablle AtroantanU Coantrl on Federal Taxation Pennsylvonia Building Spruce 915 Philadelphia, Pa. MARCH OPTION LOWER ON COTTON EXCHANGE CURB TRADE LIVELIEST SEEN IN LONG PERIOD Am 'Wool. Anaconda Abso Dry Ods. Atchison . . . do pref . . . All Q A W I . do nref . . IJald Loco Co. lo pref . Halt & Ohio. do pref . . . Barrett Co .. tlatonllas Mln. Beth Steel B. 65 do 8 p c pf 104 Brklyn Han Tr 2414 Booth Fish Co 20 Burns Bros. .113; Butte & S Cop. 18 Calumet & Arli 57 Cal Petroleum 27 do pref 72 Cal Pack Co. 53 Canadian racist Central Leather SJ do. pref . .106 Cerro de l'asco 32 cnandler Mot 1! (:hesa A Ohio Chic Ot West. do nref . . Chic M & St V do pref ... . cnupit. do 6 n c pf C ni& P 7rc nf 78 Chile Copper.. 18 Chlno C Copper 3Si Col V Alron.. 38 Col O & i:iec. 46 Col & Sth 1st pf 50 Consol Gas . . 96 Com Canada. 76 Corn .Troduats 49 Crucible Steel. 60 do nref ... 91 Cuba C Sup; pf 72? ieere t,o pr.. savi Den & It R pf ioino .Mines . Distillers Sec I'.rio Krle 1st pf . Fisher Body . Fed M & K pr 33 Gasfn Williams 30 Oen Clear Co 52 General Motorsl60 144 Ncw.York' Bonds I Ixiw pm "It .!? 8 99 99 90 , 90 98 98 91 91 102 102 82 82 84 84 77 77 74 74 85 85 98 98 1 ATIV. Mil 7 " ! 107 107 78 78 fRU. IRB1 vv ,p 36 70 78 75 99 47 100 94 70 78 75 99 47 58 8 26 36 7 25 66 82 17 79 40 98 80 84 79 87 101 90 82 17 79 40 98 80 85 79 !T 101 90i 814 66 17 28 48, 16 28 48 33 30 52 160 2:30 82000 AlbanyAS S W& rivuvAIII JWT OS...10O 106000 Ana--French 5a 97 7000 Am For Seo 5s, 99 2000 Am Rmill Kb on 10000 do 6s ...... 98 , i222 -5 T'Tel 51 91 10000 do 6s 10J 9000 Atchison 4... 82 2000 Attn Co I 4g 84 2000 Bait A Ohio. 7g 77 2000 B AOPLEA ..-.'V 4a. r.. 74 juiiu urooK ji Tr 7st 85 3000 can Gov" 5s '21 98 2000 Aa nm iai. ,5522 St?. Mother 5s 96 ?S52h118 CP ? " 1000 C A O cv 4s 78 15000 C A O rnnv km IEU J222 Si1- . Al 3s. 36 36 1000 C A .Vn 5s '87 100 100 """ni ' ft 4 4S 944 94" ouuu masi'rrd4s 70 6000CMHPcv 4s 78 26000 CHy of Paris 6sl00 6000 Kr CV 4s Ser" B 47 22IS JlrP-I.J4."'!,A ln5A 105ft vvv r 4 18 SZ 40000 Hud A M In 6s 17 2000 Hock VaI IUi t 59000 Inter Met 4s 41 31000 Inte. Mer M 6s 98 7000 Inter AgT 5s 80 7000 Kan Cy So 6s 85 4000 Kan Cy Ter 4s 79 1000 L S deb 4s 1931 87- 27000 Leh VI rets 6s. 101; 6000 Lorlllard 5s .. 91 31000 Lib Bond 3Un 98.80 98.76 98.80 135000 do conv 4s. 93.40 93.20 93.20 27000 do 1st 4s . 93 71 93.66 93.70 886000 do 4s ... 96.54 95.46 95.48 27000 do 1st 4s. 95.16 75.16 95.16 406000 do 2d 4s . 94.18 94.08 94.14 1844000 do 4th 4s 94.20 94.08 94.12 1000 Lyons 6s 101 101 101 iuuu.Miavaie.Cs . 86 1000 Minn A St I. 4s 86 3000Mo p VTW 5s'23 93 41000 Mo Pao Ken 4s 61 3000 Mont I"o-er 6s 91 6000 KTCS H 6s. 98 4000 N V C 4s'6l 96 1000N-TL& W 6s. 100 1000 .V TKH A II 4s 56 2000 N Y Ilwy 4s.. 42 15000 do 6s.. .. 14 2000 N'T State 4s 65 1000 Nor Pae 3s. 59 6000 Ore R L 6s. . 98 SOOOOAWnAN 4s.. 77 3000 Pa gen ct 4s 88 1000 do 1921... 97 37000 do 5s '68... 95 10000 P-jb S N J 6s 78 3000 pierce o Cs '24 92 2000 Reading 4s... 2000 ar-L Pe N W 5 93 100OB A A A P 4s 67 3000 South Pae 4s 77 12000 Uo cv 4s.... 83 193000 do 6 . ..103 20000 South Ry 6s.. 95 11000 Texas Co 6s. 102 1000 Third. Ave 4s. 54 7000 dondj 6s... 31 6000Trl-Cly '6s . . 96 luuu uian r n u os s 1000 U 8 O 4s ree.104 Philadelphia Stocks , Itlth 10 Am B S. 76 365 mill J O 25 20C T NJ. 59 155 Klec Stor 60 551 Oen Asph 69 32 do pref.104 570 Lk Sup C 20 101ert Nav. 71 416 Leh VaL. 65 202Pennanit 44 69 Pa Salt M 84 215Phl!a Co. 26 417PhllaEiec25 170 PUT t c 25 14 Ph Tract 69 10 Pitta &W - pref ... 82 lOSteuben'le Tr A L 60 10 Ton. Bel.. 3 600 Ton Mln.. 3 3Un Tract 38 45U G I... 72 2110 U S Steel 06 7? 21 69 GO 68 103 20 71 65 44 84 n 25 69 I Net chae. 25 69 . - 60 .. 68 . .103 1 2oyt 7 71 f 84 H 36 25 25 69 82 60 S 3 68 71 95 - 8,4 86 86 86 86 93 93 61 61 91 91 98 98 96 96 100 100 66 56 42 42 14 14 55 66 69 59 98 98 77 77 88 88 97 97 95 95 78 78 92 92 84 84 93 93 67 67 77 77 83 83 103 103 60 J 94 winds lllsh low JlSOOBt A Teo Tr 4s. .-69 69 800.0 Leh Vol coai os. ju'i-m .:.. --.,, u 8000 do 6s. .101 101 J t '"''Sis?'.. 98.30-98.30 98.20 .30 2200 do 4th 4s.... 94.10 93.80 100 do 2d 4s 93.10 93.10 450 do 3d 48 .. 95.10 95.10 1000 Pa A Md Steel 68.101 101 22000 Pa Co tern cts 4s 95 95 6000 Un nwy Inv 6s. C8 68 4 i Net Close chtc. 69 99 1 94.10 .20 93.10 .60 95.10 .40 101 .. 95 .. 68 'i . . mi . . 4TTr t, . i . M.enerai .Moiorsiou j, mu Postinc of Notices to Airioimt Three Remaining Warlirioes r.en Motors pr 85 85 85 ,.,,... IGoodrlch B F. 71 70 - "1 of 7500 Bales Weakens Mar- Again Take On New Ac- ''Vb.'Sk x.!., "!h i tmty Oils btrong i i. $ IF rS II Safe- 443 Securt I J guarded &&L tiea SEVEN PER CENT PHEFERnED SECURITIES , A. Stone & Company ' lLk WidtntrBldg. JS&i iWKttlm9B.mlmKmmmHiWtlmlmKt.lmLLLLWlLWtLmWf ft I SiteteRSfasM I TH CHJS8TXTJT 8TS., NJE.Cor. 1 4 I Kcaabers ef PhlUdrlpbta sad Jw , M Terk Itork Rsrhae.s!. a ifamua.-i0 "J s: ---- r 4 U. S. LIBERTY BONDS $50, $100, $1000 i-l .MCGHT. SOf.D AND RRTOMMENDED K FOB INVESTMENT iy Newbargcr, Henderson & Loeb jy 1410 CHERTNt'T STREET ket Southerners Sell .New Vork, Feb. 26. The ''issuance of notices to the amount of 7500 bales, with fcome estimates as high as 10,000 bales, weakened March contracts 40 points at the opening of the cotton market, while later months were 8 points lower to 11 points higher. It was understood that most of the notices were issued by Jap anese Interests. Spot houses gave support to the later months, carrylnjr them up about 16 points oer yesterday's close, shortly after the opening. The attention of the trado was nat urally centered on the March position. The March premium over May was re duced to about llfty-flve points on the early break anu at mis awerrm-r ciji. houses were moderate buyers of the near months, while there was also a. Bood deal of buylns by houses with T.U'errnnl rnnrrertlons. The absorption of the March offcrlnes pave the market a pretty steady tone during the early trading. March rallied about tnirty points irora inu ii " later months and sold for eighteen to twenty-llvo points net higher. But there was continued March liqui dation as the notices circulated through the street, and later fluctuations were irregular. Southern exporters wero said to be taking up part of the March cotton. Tho receipts at tno ports tor inc uny are estimated at 17,000 bales, against 18,445 bales a week ago; 14,369 bales a ear ago, and 18,943 bales two years ago. HnT!JleM 10:30 11.30 1.30 2:30 22 63 2-4 2-J.50 22 50 22.30 2J.30 .. 22.10 2J 10 2i 1U 22 II) 22.10 21 7 21. Ml 21 (10 21 l5 21 fcO 21 70 21 on 21 Oil 21 2 21 24 21.24 21.14 10.93 20.00 20 00 20 03 10.83 10.85 Clvni V-rtflV, nr O.ITL ! Or N Ore subs 39 Greene-Can Cop 42 GUU Kta .Steel 56 Harfkeit A Bkr 42 Inspiration Cop 45 Interb-Cons Cp 6 do pref 20 I Hr C (new). 114 Int Mer Ma... 23 do pref 101 Int Paper 47 do pref sta..-71 Int Nickel ... 26 Jewel Tea .... 33 Kansas C So . . 21 K C. So pf.... 61 H Neiv Tork, Feb. 2C. This was the liveliest day seen on the Broad Street Curb at any time since the trading In tho "war brides" made the outside mar ket the center of speculatUe Interest for a large trading element throughout the country. Tho three remaining war order stocks were active, with Submarine Boat again in urgent demand and selling on a largo scale from 16 to 16. Wright- Martin was quiet, selling at 3 and Kelly-Soring'd.113 3. Aetna Kxploslves held at its at- Kennecott Cop 30 most fixed price of 7 during the morn- I-ack Steel.. .. 66 ing. but suddenly became strong around h,?,h. vil,i?.y- 55 midday and advanced to 9. ' .?iriu. nr 3i There was a violent upturn In Amer-.jx Miitw ... 36 lean jio.ia .-uacmne uoinpany, wmen jiku ranged slightly above 10 per cent for some time, but today sold at 19 to 22. United Profit Sharing was traded In oil a large scale. Bales amounting to about 25,000 shares at 2 and 1. United Motors sold at 41. United States Steamship sold at 3 0 3, and American Writing Paper, which was ex ceptionally weak, sold at 4 to 3. 19 1 114 10000 IT S Healty 6s 68 101 64 31 96 88 104 68 86 171000 U S Hub 5s.. 86 8 5000 U 8 Stl sf 5fl,100 100 100 11000 Union Phc 6s.103 103 103 1000 U K of O B A I 5s '19. ..100 100 100 57000 do '21 ..... 98 98 98 55000 do '37 ....100 100 100 DIVIDENDS DECLARED Worlhlnston.rumn and Machinery Com pany, quarterly of li per rent preferred A. ana 1H per cent on preferred n, both raj able April 1 to stock of record March California Wine Association, a dividend of 110 on common to b paid In quarterli If itallments on April 10. July 10. October 10 nnd January i .o si i",1"" " - first of the month In each rase. Computlnr. Tabulsllna- and nerordinir Company, quarterly dividend of 1 ner cent, pa "able April 10 to I lock of record tarch 25. General Railway KlanM Company. Quar terly of 1 per cent on common and prefer red, both payable -April 1 to stock of record M: I. diirnnt de Nemours Company. reu Inr quarterly of 4H pr, cent on common. L....L,- tmmh 11 In atnclf of record Febru ary 27. Also remilar ouarterly of 1 per cent on debenture stock, .payable April 25 to stock of record APrll iw. t- t rfuPini de Nemours Powder Con nany. resular quarterly of 1 per cent on common and or 1 per cent on preferred, both nayable May 1 to atock of record "'"nta'na Tower Company, nuarterly of ' 1 nee cent on common and 1 per cent on preferred, payable April 1 to stock of rec- 0rsout"Crorto Rico fturar Compsny. quar terly of 82 on preferred and ner cent on common. The common Is payanie in tnrer- 1 per cent scrip. Iloth dividends are risvahlo April t to sto- k of record March 15. r,8outhweVt Penns, Irani, lip. IJn .quar terly of 3. payable April 1 to atock of rec- "continental Can Company. 1H per rent on common, " to .lock of re-ord March 20. Chandler Motor Company, terly of 83 a share. LOCAL STOCK JWLARKET: IS FIRM, BUT TRADE IS ON SMALL SCALE e . General Asphalt Common and Preferred Recover Sub stantially and Brill 'Makes, Big Gain Steel Common Active and Higher The Philadelphia stock market was firm today, being Influenced by pro nounced strength In early dealings tn-NetOTork, but trading In home shares was exceptionally light. Virtually aU transactions outside of those In a few issues wero In small, odd lots. ,. General Asphalt common, and preferred, which declined widely .yesterday, were In demand and scpred( upturns, but neither was dealt, in on a scale to attract attention. J. a. Brill became active and strong, advancing 6 points; Union Traction and Philadelphia Itapjd Transit each gained a fraction, and United Gas Improvement moved .up a llttlo but lost the gain. Phila delphia Company was one ot the. few issues' to show weakness, yielding on a,, trifling sale. , . v . N Tonopah-Delmont continued at Hi, although slow, but Tonopah Mlnlnr was off a little. Due to the absence from the city of Clyde A. Heller, the com pany's president, the monthly directors' meeting regularly scheduled Tor" today, will be held next week. Recent actlvltx of the .company 'a stock and its steadf riess at Us high level Is generally attributed to, a belief that dividends will bo resumed at this meeting. Lake Superior Corporation did not gain much momentum, .but was slightly above yesterday's close, Philadelphia Company advanced and Philadelphia Electric held steady. nails -were slow but both Lehigh Valley and Pennsylvania scored gains. Steel was more active than recently and advanced for a fair gain. Baldwin Report Causes Comment The report for 1918 of the Baldwin Locomotlvo Works, showing record breaking gross buslnessf but a decrease In net profits as compared with 1917, naturally was widely discussed in the Street and. although there were no transactions, here in the company's common stock, in New York it sold up for a gain of more than 1 point and was fairly active. Gross sales during 1918 were $123,179,252. but net profit was $2,553,426 less than in 1917. But tlio surplus on December 31, 1918, amounted to nearly $2,000,000, and the report Is another testimonial to the success attending American Industry in a year of high costs, war taxes and the like. The report shows gross earnings $24,915,387 In excess of those of the procedlng year and an Increase In costs of $18,837,609 over 1917. Depreciation account was $1,850,000, as against $600,000 the year before: rescrvy for taxesj was $6,600,000, Is compared with $1,750,000 in 1917: and amortization and other charges and adjustments aggregated $4,159,816, as against $538,118 in 1917. This left a net profit of $5,762,296 for last year, compared with $8,305,722 for the preceding year. . Financial Briefs mmrterlv of paatIe April 1 regular quar- 59 177 1 22 -t- V March April . May I .tuly October Measbara N. V. and i'tlle Mock Eichsnres If. FINANCIAL r 1$ tv 4 Annual Meetings KSf IUJS UK LOMi ItUOh A.D iln ldT COM f AM NOTICE TO STOCKIIOI.DEnS NOTICE ID HEllEUY GIVEN that a Upe elal Westing of the Stockholders of "The IX Long Hook Eye Company" will be held en. April S, 1DIV. at 11 o'clock a. m . at the efllra of the Company. 21at and Clearfield i aur.. Philadelphia., to take action on the - &aroral or disapproval of a nrflnmui in. IV yrais of Indebtedness of the Company In f Dw sum of four hundred thousand dollars U . ,unn fmni fn b secured hv mnri... ........ or the real smd personal property, rights. rlrtlsges and franchises of the Company By ordsr of the Hoard of Directors T. U. fiATON. f fc: u. :v tt tty Tlhldends Liverpool Cotton i.lrernnol. Keb. 26. Spot cotton was ! ciulet today with prices Arm on the basis of an adance of four points for mid dling, old contract, at 'K.oiti. naies vern 1000 bales. There were no re-1 celpts Futurec were steaoy in tne eariy dealings rjpoi pncea were; viiit;, iv.-i. middling fair. Jo.Kia; gooa miuaunK. 18.14d; middllnir. 17 61d: low middling, lfisfid. good ordinary, K.9sd; ordinary, It. lid. at nrricK ok THE C. II. IIKIST COMPANY Ijnd Title llulldlnr Thl1sdelphta. Pa.. February 53. lntn. "The directors of Freeport Oaa Company .hin this day declared a regular quarterly OlViaenu Oi tn ana onr-iiau the Der rent 111 nn preferred stock of the Tf sharel on f-nmnany outstanding. Davahle llirrh 1 1919. to holders of said stock of record at the close of business this dats. . Checks will lie mailed. C, H. WEAK. ficretsry t Sbinment of Securities to France S 'Jfew York, Feb. 2fi. The Bnnkcrs n-., Hnmiunv hnR ahlnnefl In Pratm, sklring the last few days securities val- l,ai uvmcci ,,vv,uuvivvu aiiti etf,- i.COU. inis is pHrt or ine patera! mil as o f dollars' worth of securities deed as collateral nere against loans ance ana ror tne purpose or siaoiuz- re exchange rates between the two tries eariy in mc war. as some or loans nave been llnuhlnted. tne kra Trust Comnany Is returning the Herat Yesterday two truckloads erlalnr twenty cases nr securities .hipped. The cases are consigned sinister of Finance. Paris." SECURITIES AT AUCTION Tho follow Int? securities were sold auction today by Barnes & Lofland. STOCKS Shares M . , J2.1 Harris Safety Companj Ixt II 155 New Orange Industrial As- sotlatlon Ji't art Hollenbeck Waddle Company.lxit 11 274 l'hoto Metallic Art femnany It -l SO llroad S.tret Jlank, par 50 .. 900 1 Philadelphia Trust Company; oar ioo .. . ...... 70S 4 Aldlne Trust Compans . par Hin luu 10 Peoples Trust Comnany: par ISO .. 89 25 Philadelphia Company for Ouar- anteelng Mortgages; par $100 HO 3 Continental Passenger Hallway Company 0O t ..u..ian n.llu.t. rflmnnnr. common 'V r fllrard Trust Compan, par lion BOSH 3 Franklin National llankj par lion ,--! i unfl im 'line com r 1 18 10 nid Aetna Explosives ... 9 Am-lirlt MfR 2 Amer Marconi 4 Amer Writing Paper 3 Air Reduction 60 Canadian Car Co.... 25 Can Car & Fdv uf . . . 75 Charcoal Iron .... 6 Chevrolet Motors . ..168 Cramp 73 Curtlss Aeroplane ., 11 Carwen Tool 3 Carbon Steel 90 Kmerson Phonograph 3 General Asphalt G9 do preferred lit Hemlee Mfg 17 bake Torpedo Boat.. 1 Ihl(th Coal Sales... 80 I.lrna. Loco . , 28 Maxim Munitions ... N Y Shipbuilding.... 34 Nth Am Paper Pulp. 3 Otis Elevator 62 Peerless Motor 19 Poole Kns; 20 Sorlpps-Booth 16 Standard Motors ...... 8 Steel Alloys G Submarine 16 St Joseph I,ead It Todd Shipbuilding. ...102 Triangle Film United Profit Sharing U S Steamship United Motors "World Film "Wright-Martin Air... Test, close Ask (sale) 42 11 6 13 25 64 16 103 62 HT.lNIAIIJ oir, STOCKS . 3 9 6 ia 55 35 86 7 ISO 85 12 6 95 ,3H 69 IflfS 25 8E 31 37 3 65 20 40 30 ! 16 12 105 ' 7 'i 54 3 3 15 .139 . 44 . 6 . 49 . 14 o Tig 136 138 1 llti UK 4- I 51 49 49 I 44 45 3 41 '3 Illinois 162 Ohio 323 Prairie I'lpe s; Stand Oil of Calif. ...269 Stand OH of N J....66 Stand on of ."s J . .. INDKPKNDF.NT OII Harnett Oil & Qas.. Cosden Oil Cosden & Co F.Ik Basin Federal Oil Inter Petrol Houston Oil . Merrltt Oil 167 328 272 272 690 332 329 STOCKS , .'.Belgium to Issue Two Loam Paris. Feb. 26. It has been decided Hy the Belgian Government fo Issue two titans, each amounting to 40.000,000 at t. xney are to pear interest at o per 23 Central lnd and Title Com pany SO ret.ples National Fire Insurance Company, par 123 IS Philadelphia I. If" Insurance Company, par lie..,. . . . . 13 loan Hoclety of Philadelphia, par 1; in Mu shares United states 1ian SiK-lety. par Jin I-ot $183 27 Luther & Co., Incorporated, pre- f erred 'Ot 278 Luther t Co.. Incorporated. common Lot 230 Columbia Commercial Com pany lot 50 Arlsona Ieelopment Company! 200 shares Jlohave Gold Min ing Company ..te?t OhAAA R.n.lnr Hold MlMnC and Mill' Ins Company Jot limn fannl l'nnMr f fimMm'. . . . lot 10000 Llexter lioni Alining anu aim ing Company 300 Doremus Machine Ccmpany. preferred . Lot 50 Doremus Machine Company. common ... . ..,x,t 5000 Klmberly Consolidated Mines Company: par 11 .V" 12 United Gas and Klctrln Cor poration, first preferred .... ::: S ,'.;. 22" ... i ... 24 Midwest Refining ....151 Met Petrol 3 Ohio Fuel 16 Sapulpa Itef ' ,' Seouoyah Island 7 . ... : Olenrock 7 6 2 23 83 24 166 is 7 3 8 24W 164 3 MIN1NO STOCKS 3 fl IS 13 S3 110 110 S6o II 7e 30 .JMJTTEIl, EGCS AND CHEESE Vrk. Feb. 20. BUTTKn Steady. s. Z93 tuue, I'irsia, ewssoici eec- ley 4Hc I Firm. Ttecelpta. 42.114 cases. s, fH.4C! extra fire's. 42 49e; 41U42ci seconds. 4041e: dirties. I mi- taatdet No. 21 .1T0Vt checks. 1. fistti No. 2. I48ftC' atorage, S3 K state and nearby hennery whites. UffS iri.,,a, vvaci yui- Met Paclftc roast whites. SiSHB ejevmvra wiiva gaiifrreu. mtM aearnr nennerr crowns. I osier. 2l4c Tt . sseeviKS. M4R boxes. a. vnectais. BONDS delphla and Willow Orove IJMUI Vhll ' Btreet Itsllway, coupons January duo 1U3I per cent, ' and July, 03 ; . , Gulf Sutei Sleel Reduces Dividend New "irk, Feb. 26. Quit States Steel Company has declared a quarterly dividend of 1 per cent on the common stock, payable April 1 to stock of record March 16. Prevlouj declarations weru 2 per cent quarterly. Calumet nd Arizona Redueet Dividend Hasten, Feb. 2t, Calumet and Arlxona A flan to ......... Big Ledge 1 Tlt.tt. V.i' VnrW . . Con Arl 1,, C F S & Jerome . . First National Jtt ColdHeld Merger .... 6 (ioliineld cons " Ooldfleld Florence .. 14 (loldneld Kewanas .. 4 Cireen Monster ...... Hecla Mining 'j 1 lowe Sound J -t Independence Lead .. -Jerome Verde ...... Jim Butler .. 34 Jumbo Extension ... 12 McKlnley Darragh .. 46 Magma Copper -7 Mother Lode ....... 30 Mines Co of America.. wi Nevada Hills... 3 Nevaaa ntnu Nlplsslng 's Ohio Copper,.. Bay Hercules 2 San Toy. . . ... . J . Tonopah Extension.. 2ft United Verde 31 West End Con lft "White Caps 0 Yerlng-ton 4 1 1 6 21 16 6 4 4 3 38 15 48 29 32 6 10 9 .3 8 2 32 1 12 e i i?H ! 4 14 32 do 1st pf do 2d pr .. 26 Mex Petrol ..18n Miami C Cop.. 22 Mlrtalo Steel.. 42 Minn & StLnew 11 Mo K & Tex. 6 do pref 14 Missouri Pae. 25 do pref 54 Nat Con & Cab. 16 Nat Cllc &Spr.l03 Nat En & Stp 62 National Lead. 67 do pref 108 N It P. of M 2pr 10 Nev Con Cop. 16 N O. Tex & M. 36 N York Cent.. 75 N Y N II & II 30 .Vorf & West. .106 i Northern Pae. 93 Okla P & Bef.. 8 iOhloJas 3 Ohio Gas rts.. 3 Ontario Silver. 7 I Pacific Mai: . . ai 1 Pan-Am Pet ..80 i do prer . Penna P. B.. Peo & East Peo Oas & C , Pere Marq . I An ne nt 1 Phlla. Co 3B Pitts & West.. 39 do pref ... 82 , Plerce-Arrow . 44 , Pierce oil Pitts Coal . , 1-I Kt.t Car. S7U Pull Pal Car. 116 115 115 By Steel Spring 76 74 75 Bay Con Cop.. 18 19 19 neadlng 82' 81 81 do 1st pref.. as nep 1m & Steel 77 noyal Dutch ..96 Saxon Motors. 12 St L-S V US Sea'd Air Line. 8 do nref 17 Sears-noebuck 171 , Shattuck Ariz.. 10 Sloss-Sh S & Ir 51 'Sinclair Oil ... 36 Southern Pae 102 Southern n n. 29 do pref 68 (Standard Mill. 129 Studebaker ... 61 I Strombcrg Carb 11 IStutx Motors.. 4 Sup Steel iSIS J Texas Co 195 Third Ave n n 16 Tobacco Proa.. sVi do pref ....105 do rts .... I Transuo wmi,, Union Paclfla..lSl : , do pref .-... . 73 Unl Alloy Steel. 42., 'Unl Clg Stores.124 .United Fruit. ..164 Unl ny Invest. 12 do prci si U fl C Ir P & F 19 do prjf 34 II 8 Express.. 20 U S Ind Alco.-.lll U. B nealty... 2 UH nubber. .. 84 do 1st pref..llL? U 8 Sm & Bet. 41 ' U '8 Steel 96 do pref 114 Utah Copper .. 69 TTfaH Am Horn. 16 'Var-Car XJhem. 65 do pref 112 Vulvan PettPf. M - Wabash 8TI do pref A.. do pref B. . West Un Tel. Westhse MfK. Wbetl & L K. do prer The annual report f the Wheeling Steel and Iron Company for the year ended December 31. shows net J6.305. 057. against .$8,551,619; total Income , 690, 7 19, net profits after charges $6,826,270. subject to Income and excess profits taxes. Total value of shipment for the year 127,476,916, against 27, 964,341 In 1917. m The New York Subtreasury gained 1822,000 from the banks yesterday, mak ing a c.xsh net gain since Friday of $372,000. Oold Imports In January were 12.113, 217, compared with 31,765.692 In Decem ber and $4,404,254 In January, 1918. Export movement for January Increased $1,616,102 over December, 1918, being four times as large as the gain In Janu nrv Imnorts. The amount. $3,398,098. was, however, slightly under the aver- I aire monthly sum of gold exports tJj,. 422.362) during 1918. Harrison & Co. have leased the first and second floors of the Lehigh Building NEW YORK COFFEE MARKET New Yrk. Feb. 26. No fresh fea ture developed in the coffee market this morning. There appeared to be very few orders around the ring, with the trade waiting for some, indication of an Increased consuming demand or largei offerings from Brazil. Testerdsj close 14.7.1 1.?0 18.02 1S.70 May ... July . . . . September December January . February Today's opening 14 an lt.;n men l.i. en is r.n 13.5.1 KliKIIMMI "A Service of National Importance" to Manufacturers and Wholesalers Sajri Reinmia & Wolf ort, Little Retk, Arkaatti (Rated $300,000 to $500,000 High Credit) Plan to Amend Federal Reterve Act v. v.v Feb. 26. Steps to amend . I the Federal Besere act to permit the 622 mutual savings Institutions of the ,.trir ir. loin the Federnl Ileserve sys- ' fern as member banks have been taken. The Americans Bankers' Association has announced that It stood sponsor for a bill framed for this purpose, which has been Introduced In the Senate by Sena tor Caldi"- and In the House by Bepre sentat vc Moon, of Tennessee. ' Ifxrecan hencflt a firm worth a HALF MIHJOX IiOLLAHS chv not yout Quincy Mining Reduces Dividend New Yorkr-Feb. 26. -The Qulncy Mln inir Company has declared 1 ?n? ?" ". S'i r..VT'"f ".u""i "?...,":". '' ii hl. i L lUt ana JUS oouin rtJunu eiiicei., wiirir,i.ii'i"i" "- ',',,":..- , I it they will move their olllces some time In1 stock of record March 1. ' I May. ago the company paid $2. a ouarterly , March 31 to Three months A ; ,Tenn Cop & C. 1 r Texas & Pae... 3 ,, Texas Co 19 77 2 94 1 10? 29 t 67 129 60 40 47 16 13' , 32' 193 16 19 UNITED GOVERNMENT LIBERTY LOAN .BONDS 1 2 3l2 4 4 414 414. 414 414 Csllabl. D SAJSrwSr J. . aa Callable Data Hetumr 1932- 1947- 3.82 3.57 1932" 1947 4.12 4.40 1927 1942 4.90 4.45 1932 1947 4.75 4.55 1927 1942 5.05 4.SB 1933 1938 4.80 4.70 1928 4.83 JI00. $500 AND $1000 DENOMINATIONS 108 105 .3 4 4U 130 1 , 73 42 1 124 --1 164 --2 12 -1 26 : 19 54 ,. FULL INFORMATION REGARDING THE TAX FEATURES OF THE LIBERTY LOAN BOND ISSUES WILL BE FURNISHED UPON REQUEST "February 1, 1919. Commercial Credit Co. Baltimore, Md. Gentlemen: Acknowledgment of your letter affords an opportunity to express the pleasure we de rive from our business relations with you for now OVER THREE YEARS, and to say that your service is WORTH WHAT IT COSTS. We are enthusiastic and reaffirm our con fidence in the permanent worth and wisdom of your service, the vastness of which is proof of its value. It has been a great busi ness help to us. YOU ARE RENDERING A SERVICE OF NATIONAL IMPORTANCE BY ASSIST ING MANUFACTURERS AND WHOLE SALERS TO REALIZE UPON THEIR OPEN ACCOUNTS JUST AS THEY ARE ENABLED TO REALIZE UPON THEIR ACCEPTANCES THROUGH THE FED ERAL RESERVE BANKING SYSTEM. .We have no. objection to your using this letter, nryour plan has worked so smoothly,' PERMITTING US TO COLLECT THE ACCOUNTS WE SELL YOU without dis turbing our customers or our banking arrangements, that' we feel we should give others the benefit of our experience. , Yours very truly, REINMAN & WOLFORT, By L. Wolfort" Commercial Credit Company Cash "Capital $2,250,000 Surplus $450,000 BALTIMORE nepresented at nill-ADUI.rHIA. NEW TOnK BOSTON CINCINNATI Affiliated with Commercial Acceptance Trust, Chicago Cash Capital 11.150,000 IpigsfiEffl 133 . MONTGOMERY & CO. SOUTH 4TH STREET 1 WAUL STREET PHILADELPHIA NEW YOHH. tiOVKRNMKNT SKCl'RITIEH DEPABT.MKNT TKI.El'HOMCN. JIKIX. MMllARO M0l KKTHTOE. .MAIN 2U1 ! nONPH Dethlehtm 7 (notee),ll Cosden OH 0 Pnln rn (a 90 Cudahy 7i ....,401 102 nusslan uavt DViix. aa su do !".. 5" ttniithem Railway ts. 11 101 93 SI 7 0 'in ..H 34 21 II 46 JU, 33-3 1 . oo prei , , .. . ';", ; White Motors.. J7H I WUlya Overld. 17. 2 do nret Worth V & M 3 OJrt 9! S Ex dl1dnd American Sm.ltsri prtf, 1, I GHICAP0 BUJTEB AND ECCS Keb. if. HUTTEB Bscslpts. Kslra. stnvsK! nrsis, BfS Cit 4.1 J i raaa. tubs.. -. - Am JSSSiTe Kooa ueeeipu. eases Extra. lHe; Is nrsis, ji"c fiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiitiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiHi: We offer for investment therfollbwing securities: PENNSYLVANIA RAILROAD COMPANY... i Oanaral Mortssfe ' READING COMPANY .: Equipment Trust certlfteates miladelphla 4n PHILADELPHIA ELECTRIC COMPANY.... Klrst Mortrate , ERIE LIGHTING COMPANY V? .,.',.. rirst Morlssrs , . , . - NEW YORK TELEPHONE COMPANY. debentures , KINGSPORT UTILITIES, INC....'. First Morlisss . . ' . Wea ef renarrfranla SUte Tax. ' treaasslr'anla Slat Tax'KetoadMl. ' rricea'and full particulars onnppllcation. WEST tCO. Refined 3ucirs Moderslelr Active M4r. Yerk, Feb. .Il-Renned auirarr RATE MATUnlTT 6 ,1068 Yl varlou. i 1966 &fo ' 196 ' 6 1949 6 . '. 1934 v X BANKERS 1417 CHESTNUT STREET., Ue.heer I JtW V : A 3i United States Liberty Loan Fourth 4 Bonds At Present Prices ' Yield About 4.70 ' We ttrongly advocate the purchase of these bonds for the most "conservative investment funds. 'It is worth while .to consider the enormous pur chases made of thesej bonds every day. They-are . .absorbed in blocks aggregating many thousands of dollars, instantly, upon offer, This fact in itself suggest the wisdom of holding these bonds; of increasing holdings, or, if not already "possessing them, making liberal purchases. . We shall take pleasure in executing any orders for the purchase of this premier .security. HARPER & TURNER Investment Bankers 1000-1012 Stock Exchange Bldg. (MsmWa rMIaasl.hla Stock Exckuft) T J x1 C rr-.'l 1 a l a rt 'ftl 1 iM vl r tl i J- 7 A, i n v i A & i t- we"rV 1 l J mi Ml fnntarnr ia umiti .w ' .-"if sju, :psi .,i... fir, tsBHrmo.' fuiwa are .M.lVt 1011 raw JiBPwissT if. fv. - vmE-X u A.. liHPS. are moderately wy n9 uncaansed at
Significant historical Pennsylvania newspapers