pwig?mgyng Pip SM pp-ew-TtHjgBpi m . ?i ?rt-t. . v & -v - rmmm V 1G r If evening Public EDaER-PHtLADELPHiA, Saturday, may 17, 1919 H s -4 s3 1. . I I.& r ;" Investment ; Suggestions , we, have juFt prepared' a cir cular listlncr 92 attractive bond !-! offerings, including: 37 Municipals 14 Railroads 18 Public Utilities 5 Industrials 8 Foreign t 10 Short Term The rate, maturity, price and yield of these bonds are in dicated as well as their tax exempt features. Many of the bonds are legal investments for Savlncs Panks and Trust - Funds. i Send or a complimentary copy 1 of this circular, No. LS1. 3 A. B. Leach & Co., Inc. 1 115 South Fourth Street B , 11li!llIli!i!IIl!iraiIII!li;i!IIII)li;ii!!lli!IiIII!llliI3l11i!ICi;ill! FINANCIAL NEWS CLOSING NEW YORK AND PHILADELPHIA STOCK QUOTATIONS MERCANTILE MARINE ISSUES LEADERS IN NEWYORK MART News of Early Announcement on Readjustment and Other Matters Came Wide Advances Rails Continue Strong I High Points in Todays Financial IS'ctvs Strength of International Mercantile Marine issues atractive at tention on New York exchange. Demand was due to news of early announcement on readjustment of capitalization. Rails continued strong. Oils advanced on the Curb. Shorts covered corn and caused gains. Cotton was higher. Fiench and Italian exchange broke badly. The weekly New York bank statement showed an increase in average loans and a decrease in average reserves, while theio was a decrease in actual loans and a gain in actual reserves. The country's bank clear ings this week were much above same period of 1918. NEW YORK STOCK SALES Low ns 32',i 70 80 40 04 chic Hlith Adams Er .... an-li Atlv Ilumclj-... ,T do prof ',o Ajax Hubber... Miy. Alaska Old M. a Alaska .Ttinrnn. 2 Allis-ChalnierB 40' do prcf 04V4 Am Ajrr Chrin.lOIUi lnnU 100U Am IJoet Sugar Sl',i 81 U 8H4 Am itojcii .... 04'. J)4 04 .. Close mV,i 32.. 70 U 80 .. 3'A.. 2 40.. 04UH- ; r5Ti ar, zr, ' ft. M & fo NATIONAL TIN CORPORATION We have prepared a circular describing the propel ties and methods of operation of the abovo Corporation in South Dakota which we shall be glad to send upon request. J. Robinson-Duff & Co. Itemhrrn Vet" Ynrlt Stork Exrhano Telephone S700 Bowline Oreen 61 Broadway New York National Bank In Philadelphia nantft Uraturia Clerk. Iboronxhlr faiolllar with all de.k In a hankt one who feels lie ran qoalirr aa Auditor. A cood opiMrtunltr for a Sounc man. rsho la courteon. and ean andle clerks anj meet people, aa to Doaltlon naa no limit to Its possibilities. Address, In rnnAdenre. A 206. LEDtiEB OFFICE. New irli, Miij 17 Sppculntiic intercut and bankinK attention wirr hnlli ipotc(l in ma s trading on the Mook exchange to the accumulation of International Merrantilc Marine issues, following the published stivtenicnt indicating that an announcement in regard to the readjustment of capitaliza tion and other important matters, vliiih may probably include a disposal of the llritisli linrs. is close at hand The preferred stock, whith was in good demand from the opening, made n gain of more than 0 points, with the trading becoming intenselj excited toward the ilose of the da. The com mon stock followed, with an ntlxami of around 4 points, offerings being taken at ndan'cs as quickly as the were made. The (! per (cut bonds were truiled in around 102. American Interna tional Corporation and Atlantic, tiulf and West Indies did not share in this nioement. Itefore the trading in the Marine issues demanded almost all the atten tion of the Street, strength was shown in man other gioups of stocks, with the railroads (oiitiuuiug the piotcss of discounting fmorable action by Congress on tlje railuax measure reiommeuded by the director of railroads. t'nittd States Steel, while less prominent ns the maiket fiature, showed firmness, langing fiom 10.'las to 102 There was continued stiength in the copper gioups The l.iberM .".'2s ciossed 00.00. against 11!) ,"0 at the dose esteida. and the lilt t'js weie also in blisk demand, moving up to about the sumc extent .lust at the close Marine lommon advanced to above "" and American Intel national to 1)1 Am tan do prcf 102i 102 102 f, Am C & Fdy G.10.1 102 102 Am Cotton Oil BV, !H M '4 Am Druggists.. 1.1 12T8 12T&. . Am H and L.. K m :m 8 do prcf . . . . 123',4 123 123 i, . . Am Int Corn... n4i HO. 0a4-t-.t Am ice Hec. . . . Am Unseed . . . Am Loco .... do prcf .. . Am Malt Am Malt prcf. . Am Smelting . . Am Sum Tob..l00',R 108 108-")i do rts .-13s SU .! U Am Steel Fdy. 35 4 34 35 .. Am Sugar 131 131 1.11 .14 Am Tel & Tel. 100 lO.V.i 10.- Am Wool . . 70's 78'A mik llk n.i n.i wH B 02'R 02 02 4- 14 SO- 70 ',i 80 .. io."',i ionva lor.u... ',i 2U 214.. r.7 noii r0V4 "a 70 78U. 7S do pref .101U. 101 i 101 i,i Am r rap pi i.iv.j -j-ivj Am 7. K , pf. 40 Vb 40Vi Anaconda 00is 08 Vj Atchison . ... 0"ij 07 do pref . S7 8fi 1.1 -n . . 40 U la 08 ai 07 i.j 87 "s r 0 c & st l Pitts & West, fierce Arrow . do pref Pierce Oil Pitts Coul Net High txw Close chge 52 52 r.2 1 .10 .18 38U- -71 r.i r.o"58 ci .. 100 iorvs 100 i 201,6 20 no an 171 i'3 Pond Creek Coal 17j Pressed Stl C 80-71 80 Pullman Pal C.120 120 Ity Stl Spring 00 00 Hay Con Cop. 2174 21 W, Heading v.... 00 SVt do 1st pref.. .17 .17 do 2d pref.. 30 .10 Hep Iron & Stl SOij, MJ7i if4.. no 3 17 4 so 120 U 00 21f'H 80 1, 37 ns iiii'ii. . S(!7s 1. Philadelphia Stoclts Hllh 100 nald son &. 300 Urlll J C, 48 fi Gen Asph 70V, t,ow Close Net chge. LocJ01-7s 10174 101 1 o.: ra r..i r..i itt 48 IU',1 Rojal Dulih.. HOii 114 H- 01 10 1 24- 33 V, t- 14 22 as .15 107S ai 1 Vj Atl Coast !,ine.l0.- 10." 103 n n..tn iv 1 ifjT.s. 111-.I' ir.fi ia. ilouuico rroel.. li"' Interboiough Metropolitan bonds I he stoik". were weak following the aitiou of 4 1 Baldwin Loco.. 101 100 101 Halt . Ohio.. 53 52 53 1'a Barrett Co ...134 ll.'!?., 13.174 7i Heth Steel Hs.. 7S 7774 78 do S n c pf..H2 112 112 Sax age Arms . 01 01 Saxon Motors . 10 10 St I S F 2474 '-23 do pr 33 33 St I. Southwest 22 22 do pr 33 35 Sea Air Liue . i0 10 do nr 22 21 Sears Hoebmk.200 108 200 3 tlojal Dut nxx .lltUi. tl4i lir Shattuck Ariz. 15 15 15 .. Sloss-Sh S & I 50 5S 58V Sinclair (111 .. 04n8 Sth Pacific ...110 Southern H H.. 32i do pref .... 70!-j Stromberg Cui. 45 Sludebaker ... S2, Stutz Motors . 57 Superior Steel. 12U Tenn Cop &Cli 14,,i Texas i. Pac 10 Texas Compjii27S,2 307 Mo pf.,103 104 250 Lk S Cor 20 20Vt 133 Let, Var, 58 5771 033 Pa It It. 47 47 17 Pa S M. S2 82 '- Phila Co eura pf. .10 3300 Phil Elec 25 4 120 P II T tt. 20"s 150 IteadluB. 00 -0 do 1st pf 37a4 200 do 2d pf .1014 155 Ton Hel. 3 205 Ton Mln. .I,", 227 UC, I... fiOV. 000 U S Stl.103 103 -tx dividend. fi(?.h.Jis' B4.4n "hsr eomeared with r.T uni Ji,.l'JL M,erday. thus fr this week. .n."".i'"r' same period last week. 10S.. anares 30 258 2(1 S0?i A771 30 371 3A Oil' 1 48 70- 104 ?i 20U 5771 47 82 .. 30 2374 -2(1 . . 00 5i, 3771 30 2 374 3 00.. 103 J01 ii i.. .-.i. EVERY INVESTOR IN SECURITIES OF ANY KIND Railroads. Industrial, Oil or Minlnt Needs taeup ts dat rteotit af .sreisgi.dirid.ailB, high sad low pricei, etc., la n.ntalr tMklct the INVESTORS' POCKET MANUAL Furfeisked FREE hy anr inveilntat banker er brakeren leplicihon OR for 30 ccats ptr cfj carreat numWr Kill h aat bv LTmFINANCIAI PRISS.116fer.JSt.,N.Y.Ctj 24 2121 00 12 11 2S 24?4- ', 22 ', 00711 1274 11 28 1 T, 1.. FINANCIAL, Ml T I I' K .to Tim wiinEit! or tin: r.p.r.ni, SlORTOAOE M ITU CENT THKMI- mil sinkimi ri'Mi t.oii) roiros1 IIOMIS OF TIIK RKANSAS NATIRAI, 5AS rOMPAMl Nntlre Is hereh (then bv uib uoioniRi trust i ompany. trustee under Transactions in Fair Volume, With Price Undertone Strong. Coppers Well Bought Stotli sales tmla on the Neu orlt nitial Transactions in New Con solidated Tobacco Stock De mand for Submarine Boat nrUjn ltap Tr Hooth VMi Co 22 llronn Shoe .. 001, Itutlc C . 7. O 13 I llrunswiik ... 11 Ilutleriik Co . 28 .Iluttc 4 Sup C 23 Cal Petroleum. 31 1 do pref . . . 70 I Cal Paiking Co 60 Canadian Pacini, 10S Caddo Cent Oil 51 50 I Central Fd Co 27 20 I do pref . . 52 42 Central Leather 02 01 Cerro de Pasco 45 U", IChaud Motors. 15S', 158 158 2 lfhe!.a & Ohio 08 07'i (W a4 .10 70 307, 70 05 ), 108.'11 5071 ", 27 1 4S 0 01 .. 15 as 03 ?4 100 32 707s 15 U. 82 57 42 11 48 275 SO', 101 51 130 to ina mortaaae or tlm Arknn.ii. Nalnmt i:j I . .....-.. ... nn .. Company ,0 the Colonial Trust Company cuianKe uuaieu .ui.umj MiarcS. trustee, dated May t 11118 thst pursuant tn tha tirnvlKlnnK nf Ihn I htrrv.flt-t jranh of aald morlsaae It vlll tetehe at Its office situate at No 3tJ 4th ae , In the City of I Pittsburgh. Mate uf Pcnnsslxanla tenders of bonds for purchase Hnd retirement out of ' the moness of the elukluc fund, which now mounts tn $31 350 7n No tenders will be i received after Mrv 2'i 1010 THE COLONIAL IRUST COMPANY. Trustee. York this Proposal PROPOSALS TOR ntlll.IIIMl HATHirTinv DEPAKTMKVT OF CITY TUNT ' ...'X i)l' l'IIIUMIEI.Plll 11th Floor 1211 heslnut Street Phlladelnhla MaN in mil Sealed proposals addressed to the under laned at the office aboe mentioned win be u-Vn yj.'i1 IS nelwl ,nn. on Tliurdn , ..' "i IB. and openeil lmme.1latel there after, for the follonlrv work appurtenant In IT.M rr.nVrn.it l?Ui ....... rt... .. uTbrlzed by ordinances of Councils ap pro ed July 'JO 10111 and March II M017 Contract No ,VII Krectior, of brick steel ana re-enforced concreti station bulldinus at the northeast and southwest corner of KensInc;ton and Allrchcnv utruues tnclud Ins; the remosal of existing liul.dinsson these sites. Contract No 561 Erection of hrlik slerl and re-enforced concrele station building at, the southwest anil nouthest corners of Kensington aMnue and Somerset street in- rluoinc the removal of existing buildings Xfnm these sites The. plans .lie modifications of those Is sued for bids opened April L'O !)I0. Bnd re jected. The modifications consist of the elimination m an exierim marble work New 'orl(. Mac 17 The Now I'toninc Sun's financial icicv afternoon is ns follows: There ias a good olume of tradinc in toda.'s short session of the stock i market and the price undertone was stroiic without nnj thing particular!) I sensational appeal ing on the surface ! Such featute as thoie was was monop- ' olized h the iniN, which advanced 1 to 1 2 points, seanelc without exceptiou I nmoni; the rtandard issues, such as New York Cential, HeadinR, t nion Pacific, lialtimoro and Ohio. Chesapeake and Ohio. Atchon and so on. The lower priced rails didn't do ns well s,ie in one or two cases like Missouri. Kan sas and Texas preferred and Tons and Pncifii". Kidding for rails', while stead', was not especially aggressive. The relative pronounced strength in that quarter seemed to be due ns much to a scarcity of the floating supplj of storks ns to anything else. The industrial list presented little Nev lork. May 17. The feature of trading on the Curb today wns the con fusion whuh was leafed in making initial tiansactions in the new- Con solidated Tobacco stock which was sub scribed to Tosterdni. nf Id n oln. rnonf in.....l .'.!:.. :.. .. ,. . I d "P'' Pf .... ...-,-..., ,, nuuuifc 1U II1U SIOC K at (lM ii.i to till Intoicontincutnl Kubber vvasCh in supply, selling at 32U to .11 t.. Ch Savold Tire was stej.lc. with ...In. Clu,tt Pfabody Chi.- Ot West. do pref Chic- XI & St I do pref Chic do 11L. 30 40 734 11 10 20. 451.'. 73 73 do pref ....101 Trnnsue "Will . 51 1'nion Pnc . .Llti'i, Cn AI Stl .. . 40L. I'll Cig Stores. 135- 134 Jfnitcd Fruit ,1S5 1S4'-.. In Ity Invest. 13 13 do pr 271 I'Sfl V&.V. 2"i; do pr 01 C S I ml Al .. 1551, I' S Healty Imp 13 F S Kubber .. 0!)', I" S Food Prod 77"s F S Sm eV Kef 00 V S Steel KM i... I'tali Copper.. 7Si , Utah Sec Corp 1S Vn-Car Chcni . 07' , Vulcan Detin. 27 do pref .... 51 Wnbasl 12 do pref A. . . 37' do pref 1! .. 24 H 04 as 100.. 32 r- 70H 15 82' .. 57 sMi 42 14H 10 1 275 80 101 51 )- 1301', a, 101, a4 134, as 184Kj a4 13 f's 27'!, 2i', 01 U 1551', 12 -1 0S 1 77 1111.. 1 1.. I'll HIT' 4- H. " ' ,,n ' rh" i'X t lo-ti !UVst M'' i"as 1 " '-J' I ML . . . , & North. 100 100 100 kvri" tonoi -wm ism't' i n .-'i. ii nrri . . . . i 'iii i ii v i -:i" - Chi Itl&Pau tc 30 70 30 (0- 30 HOr-H- do Mfg Wheel .. i; i: White Motors. . v.. . VI .115 . ."O'ly . 11", 5S 20 01 154 11 07 70ai 77 05 "1 051 102'', 103 77' -j 7S 18K. 18' tili'Js lii ', 27 27 P-,as 51 51 131... 11 37', 24',. , 00 . . 13 I- 23 ! 80 V, 115 2 55 3 4 I- - h : a in, .17 -1 00 12 Jl Ml 115 tl & P 7 p c pf ! jj 82 Ji 82- U I Will, s 'overland Il4 " lie Copper.. .M1 i.; 2.. ayilsou Co .... 87 inoConCop. 38 38 3S (lrt rf ,;. 4 71 Col Fuel & Ir 47-"4 47a4 Colzas & F,Iec 50 40' Col & South.. 30'J4 30 II ' .120 11 5S 3.1-', .S(5- 102 II 120 02 International Paper. Texas substitution in part of sheet ropppp work' change. .vi vi i.ainrirkai tar. nun una OI CUl granite I . .1 1 .1 1 for polished graniti . changes In the stair I Company, the coppers and the shipping construction, change in the construction of j group weie well bought at substantial uv ..... t ...... a. in.- aiiukiiraai c.-cirnT 01 1 , ... I ...I..! Kenslncun atvenue and fiomerset street . d advances. Meel ruled dltlonal term cotta and elimination ofinhove 10.' RilS,.t?n.SJntTorj;Srl'rfcSM!i tra-.t.ons quite effaced themselves after .J". Phonograph "1U " tnfir lPfcm uriti iiuur tu iui.'aiiuiitiuic , Nake lorn 104,1 1 in- i.pniRii ma 1 Saien " ptna , tiKiveit Arn-Brit Mf m Mdrconl . American Writltic 'n Air Reduction I'anadlHti Cat C an Car A. I'd prcf f hetnoal Iron ' he rolpt Motor frai tiouall.i ;ramj fho tcinpcrnmrntat louil arhon tstcei ratiRfd from r.V to Tm. Knilii'ott- .IoIin.on -old nt 7!). Phillip Morris Vo' 1 nqs nv utnaA.. Ul. .i: a. .1 ., . -OnS01 lias ":::", Wl" hiuk i i- ud- rout Can mui imc Joai was ii slrnni font.. - .... . eharc, being traded in at IS li jffibleH,": VoU ,t. I do prof 07 iJ'-TJ: " ;i,0":,,0..n:lny.of! Cuba "cane bug 35., .. .... nc, iiiiumuii vrn ii,i:int'ing from 113 to 125 and the rights were traded in at 31, to 3. Sinclair (Julf sold at 501, to 001.. Sift intenla. 'tional was traded in at 501.'. to 5Si .. .-IINMUK MU1 III I 14 lo 11 .. IMIISIBIVLS Test sk 11 II t. 5S I', 34', 1., SO.;,- 102 1 "- '.s 120 rti.i lri'm c. no c lose (sale) 10 V TO f . ' n $P ct iron similar to those shown aubstltuted In order lo reUp Intfndi np biddem nf Ih cxp?n-f and tinip iniled in taklns '.if thft quantities fnun thf plan? a tafmrnt nf t?A nuantltin of imtciHi and work at re nuirert and coer'il by th price hid nill Issued with thrt plana and purifications (o all bidders In ordr that bidders ma bo nsurd of the arcuracy of the quantities the tatement will be made rart of th contract, and the contractor l be com pnaated for anv additional work or ma- 4ast-tl iV1.1t mnv H roritilrrl in dvps nf tUa ttTTient ! jPlans and BPrlllcationa tan be seen at twelfth floor 1'Jlt Chestnut street, and rpplra of name wlih blank fnrmn for pro posals, will be supplied to Intending hid tiers upon deposit of $trt (cah nr certified chckl for each set of plana, whkh will b refunded upon return of plan Bidders muit be skilled and regularly en rasd In the clans of work bid for Contractors "will bo required tn complv with the act of Asembl of Ju.y IP in, 7 relative to workmen's compensation in surance, and proof mut be furnished the department by each tontrattor that he has abcr-ptrd the proislons of said act and in sured hl liability thereunder, or secured exemption therefrom Rch bid must be rtcrompanled bv a rr Aficate from the Clt Snllcitor thai a pro isai nonn in me pum i .ie nunorea ini ri ($500) has been filed in accordance with the immslons ot an oidlnance approedt The. Director resere the risht tn lejeet eny or all bids as ne may deem best for the Interest of the city of Philadelphia WM S TWINING Director 80 ii ...'.V. IL'0 . 'm it'" H in s 'n '- u'i IP-, l.lmn Itfycn Maxim Munitions VhiIotirI Aniline N I ShlpbulHinsr Virth Amer. Pap Pulp oils i:ieatdr t'eerless Motor Toole i: ic , Srrlpns-Hooth stinrtarrt Motors Steel AIIomi Submarine Boat sulft Internallnnal st Joseph 1 ul redd Shlpbulldlnr Trlinele T-llni I'nlted Pront Kharinit I' S Steam-hip rolled Moiors World Film M'SIRI on, Illinois ID". Ohio inn Prairie Pipe air, H n 1 al jsn s II V f 7S0 s c r Tin sifoiHATK ruor(lAI. tlll.l. Ill: nc. celled at the otflre of the (ommlssloners , r Ioer Merlon Township, rdmore. r.. 5fJ ttb. followlnr work , . J , . 5 r.ulert with, proper lnlels or a lock Join, :," retenforeed pipe 4 ft. In diameter with proper Inlets, or a wrouini iron pipe 4 Tt in dl--i ameter with proper Inlets to be placed on S.,WoocJbIn aenue tS-'t'For the laslni ot a block pavem'nt en Ifraon acu iwi "'"-ntnj lurnpiae 10 road. k the rradlnsr inacadamlzlna- rnrhin. 'ad rfralnina of Ashland aenue. West Mi.ru. IA . ZZr W v- The specifications and plans for the above rVf wrti-k ran be seen at the townthln tnmmia. til' siOTitra office. 75 E Lancaster aenu, Ard- i?V xfttl Vilrla niit.it h aealed nnrl ir1Hr...J Ipi Cih Um chairman of the hlchway rommlttM mH -4rtdored MIroposal for work to be done on Llc Arpodblne aenue, Anderson avenue and Asb r L land avenue." and deposited wjth the see iVetV Ci.iw nf the rommlsstanerB on nr hofnra. t v vthe-aboe specified date . :vij.tTany tir all bids ? " O. C ANDKRSO.V Secretary. Tlirro was lilllo in t ho way of news doxolopincnlR to lnflurnic llio course of prii-cs. Without iloubt the quost for lailroad sharps ha birn stimiilatril by tho nprrcrniont nrriin at j pstrrilay's ronfn chips in this lily in relation to i the financing anil allocation of railroad pciiipmenl This has been n trouble some problem and any semblanec of so lution would hac been welcomed. The price of topper metal was further atl- anted to lOs cents a pound. Some concession in prices wns noted in the second hour and mot of the tails dropped awns from the top leels. Marine common pubod through ."i2 and the preferred through 12:'.. The arrival of President Franklin nt Hali fax and his refial to lomment on the nine h- discussed British deal . . ... I. it nisi scarcely sufficient to account lor me inter Petrni-um .,. Houston on uni. ruir.i.. f Merritt Clll Liberty bonds were nrm, wim wie :!Uh standing out at 00 00, nn out night gain of half a point or so Continued weakness in Trench and Italian exchanges was again the center of interest in the foreign cxihnnge mar ket This movement is quite unprece dented and has t-onie puzzling features since the scope of the reactionary move ment appears to be out of proportion to the situation, onc-suled as it is, in the foreign trade balance. Francs were quoted at a new low- level nt 0.41 and lire at S.15. Sterling was steady, while the neutral rates were disposed to ca?c. ; .-I '. .ij nn in, sn i.1 in .in . fi', U'a r.s i.i I mi IV J'. -" Id ni .-3 ' :i2', I.' Tl r.n r.n V. h 17'. ,-l U'i 10S 49 u 31 '4 '4 IMIKrKMIK.NT Oil Parnett Oil It n,. rnniniunueHlth were f'osden A Co IK llssin Midwest Kenning Met Petroleum apulpa Reflnlnr Sinclair Island Glenrutk inn .10 740 30 STOCKS f. 732 do nref Si Del & Hudson.ll.i 15 ll-"4 10", 31 10-s .lOl'j lOPfciOlti "h Nj',i M'i M )-)- "S 01 01 -H l,j 751-! ""'' "4 07 07 1 4U .".."' s ,s.'Pi .s:?ii-fi'2 n:i", nr. -f-i 215 215 5 1l''!s 12 .. 10 10 7.i"4 00 J, ll 14 SO 10." 1R." 003 , 71"! 07h 451. j 41 ' 2 73 503 Wiw J'niitr.'il 47-')4 l14 ,Woolworth . 30 ", Tolal sales reported on New Toik Mmk iKKer. ii Hi" siurc" coiiiturrrl wllh l,i.llj,700 sn.ires e!.lerlla thus fir this wtel., .s'i''700 liiirs, same, pulud lift week. 7.1j1 "(Ml share. .100 . 437s . 35U 8214 .100 .ISO . 01 Del I- &. . Den S. ItO pf Kric do 1st pref. do 2d pref. Fisher Ilody.. do prcf .... Fed XI & S pr (iastnn AVms . f!en Cigar Co. (Jen Elec Co. . Oen Motors . do deb .... fioodrieh, 11 F. 72 Ot Northern pf OS1, fit Nor O bubs 457s Orcene-Cn Cop 42 Oulf States Stl 73' , Hask A. Harker 00', Illinois CcntrallOO'fi 1007fe 100721 8 Int Agricul ..21 21 21 2Ti do prcf Sl"fc S7H sn, ."i InspirtTn Copr 50 55 55-j- ,4 Inter-Cons Cor 0 0 0 . . do prcf 21,i 20', V. ! Int Har Cp (n)13.iij 13.11,4 13.1U.-f- Int Mer Mar. 5:.',4 47TB .2-j-4"i do pref 124 110 123Vi5Uj Intcrn'l Paper 51 CO',:- 50K. i; Int Nickel ... 207,f, 20'i 20 i'4 Jewel Tea 304 30 30 -'s Ivan C South 24", 4 21 21 Kan City So pf 55 55 55 . . Kelly Spring ..12.114 321 12- t 10",.. 31ss 10 2 7.1-74 a4 100 .. 437s 35U 1 so4 i 100 1 1S5 .. 01 ',, 7I'h 's 08 1 45 . . 41 '4 73 .. 00U '4 NEW YORK BANK STATEMENT Increase in Average and Decrease in Actual Loans New Vork, May 17. The New ork bank .statement "this week shows in crease in merac loans mid decrease in actual. Acrage rescres ilecirasc and actual incicasc. Time deposits aic low er in both iases. Details follow : nn.vns Illsh Low Net Close chge. ?2000 Am O & Upc 5s S7 SO S7 4-V S000 Kquit III Gas Cs.102 102. 102'.'. V. 7500 Lib Bond " 4th4'is 04.50 04.10 04.30 .20 ,2.i0 ,1d 414s fi-,,-,0 j,-L0 j-iin p)S 0 1st 4s.. 05 30 05.30 05.30.. 100 2d 4i,4s 04.10 04.00 04.10.10 1200 Phil Klec 1st 5s... no S000 Heading gcu 4s. S3" 1000 AVclsbach Co 5s.. OS' 05 S.1 0Sr 00 1 S3i ', OSifc (- g 'lotHl lln -C iisv .. . ... ... mn ...i;j.' .T "" coninHren m n ,iii . 1 - i . l tins ' r i fiia J, same period last week, 1230 000 New York Bonds Siles In sinno ( Atiglo-Fr 5s Jtkh T.ow Close 07 A 701 ' OT j. 23 Am For Src 5s 00J 00-"4 004 10 Am Tel i T Os.103 303 103' ii Aiiiuson is ... S2 82 82-ii 2 do ndj 4s. .! Halt .V O os... 70 7 do Is 70' 2 10 do cv l's... 78'j 3 IliO Swu :is S4 3 Hordeaux (is .. 00 5 Can Omt 5s "21. OS'Z 0 do Ml OS " 4 Chile Cop 7s.. .118 7 flies & O cv4s 821, 14 do cv 5s 01 Vi 04 Chi fit West" Is. 02"', 1 Chi Ind &V Is 047J I CM&StP iv I'ms SO 5 Chinese 5s 7l',s II City Pnris Os... 0S 70 70',i 7S. SI 00 osvi 07-i, US S2'4 01 P 10 NO 7IVA os !s 75. 70 70 '78 St 00 os AT"', IIS S2", 01 U 02- 01 SO -71 Vc iin?H 1 Con Ons cv 0s.. .10.1 10.1 10.1 15 l)cn . It Or 4s73 5 do 4s 74 .1 Kric cv 4s Ser 15 40'.. 12 do cv Is Scr I J. 531 j 2 do 4s 70 1 Hock Vnl -ls.. 70', II Inter .Met 4'(.s.. 30'. 202 Int Mer Mar 0s,102"I 3 Inter Agr 5s.... S2 7 Kan City So 5s. SS 35S Lib Ilonil 3s.. jij.02 111 do toii 4s. . . 25 do 1st 4s. . . . 711 do 4',s 100 do in l',s.. 001 do 2d I Us... 0.10 do 4th 4",. 12MidwiIc 5s... 5 Mo Pac V I, 1020 IS do gen 4s . . SI N Y C & H 73 74 40 53 14 70 70 W .1 74 40',;. 53 70 70 ',4. .15 30 101 102', S2 S2 S7V, SS 00.12 00.00 01.24 01.20 04.20 05.50 05.50 05.50 05.5S 05 50 05.50 05.S0 05.00 05.0(1 04 .5S 04.40 04.5S 04.5S 04.10 04.5S .. &ST& OS .. 01 .. 02", Cs 00 SS SS AVEP.AUK 38 Sill Olin 100 fiUU 000 5 HI 73(1 000 l-ns .1, 023 1177 000 .-cl demand de- posits f4 IAS. 134.000 .ec time aeposits lfio 3,111 000 c irruiaiion Cash In autts Itesere In mem ber bunkB Iteseie In slate banks and trusl companies Res In state bks and trust roni pani deivisitorles Asirretratn re sere . Ttecere tequired buridus United Mates 830 000 Decrease Decrease t4 87.' OOO 4."i SOS onn . .I.'.'i 1100 .!4 0110 -' 4JH (100 1 1 nun, 0011 r.T I l"ij noil .114.1118 T.il 211 1183 2-,n deposils UeduMc'l 3VI 000 i sr,- nnn 1 Sill IIM1 8 D74 0-.0 J1SS,. J f" 'otick K rnorosAui &.-& M meetlnr of the Board of Kducallon of tlfirMBOT CltJ. N. J.. I" be held In the 1)1. tV ltrs' rooms In the Public School House iswr viij". - " ,T'f!u' "Jin, 1; at the hour of elcht o'rloelc p. m.. o-iieu iw w ;v v.cpmrni or ine hlrfs U1 be recelled for the erertlnn .AAnKinietlon of a new cuhlln .,ini sr. w ww ,"-lc,',' "!" in ventnor N. J.. DeiATeen . incnesier. venfnne. Mid New lUven avenufs .as and sperincatlons may be obtained tti Tl Hmlth. Guarantee Trust linti... 1 v -.x.vhan lsthle. nii.r.nlu ... ."-":. rt.T ....... ,M"t Aii'mio v.:iy. r. . aii oias must ipanled by a certified check for 4ra on a bnK or trust company In 'y. pay-Pie m onirr or ueorse w, . treasurer ecfwol funds. " .- vtucii.D.iir Secy. Xloard of Education Ventnor City. "Way 14. mm. ISHf.. mNEj -1 FOB HIAVtlFArTCKI! OF YU'tt nRKKt'llBJIi Offln o( Vluse ana oioraae. Aiuniiions KTlVashlnrton.TD. C Healed tti-Hraia will t received at III 1 1:60 A, M. Mar Z0, IDIS. in- an " "Jr.J'r55A """l ch. ilinii..iii1 CT1X nOfll wroal ci ij , siwriiKiiinM jvo. H ct StVo.unc lultls. - , nravoax.1 Bianu any aa w 48'. 4RI 4RW n; 9 111 Id' 10, 31 31 1, 31 U I21 124 117 31 31', 31", ISH 188 181) ."'- 3. 80 hoi r,n', 8'. S'i 8'. . 0", fi'. riVANTIAT, Annual Meellnss trs- TIIK SIXTY - FOURTH ANNUAL adS Jleelln- of the lonlrlbulnrs to TIIK IIOMK TOR DESTITCTB lOI.OUF.n Cllll. IIRKN IU 1 held at the Home Tilth and llerks sts . on Heeond-Uai. Fifth 3Ionth 6lh. 1B10. at 3 P ni The regular meeting: of the rinard of Manaaers and Trustees will be held at 4Pm UPWARD n IXiNOSTnETH. Secy nt-laendM IMIII-VIIKI-I'IIM KI.KT,TRIC COMrANV. 10IW heslnat lt I'hIU Pa May lfl.IBH), Ttie Board of Directors liae this dav de. clared a n-iarterly dHldend of one and threr ouarler M) per cent (belna TS rents a share) upon the capital stock of this torn cany payable June 14. 1019. to stockholders of record May "-.1010 II O I.VCAH.Treas THARTEIt ".OTICK virrirK IS HEREIIY UIVKN THAT AM application III be made to the Governor of the Hiaie 01 l-enicsyivania. on Blay Ztf. a it 1010. by Joseph D. Hayes. W. llarrv ... , ---.. - - . . ....v Harnea. jamea 11 mui. ueora vr. Craw ford and Hiram Holland, under the act of Assembly of the Commonwealth of Penn sylvania, entitled "An act to provide for lha Incorporation and regulation of certain cor porations." approved April I'D, 1874. and the supplements thereto, for the charter of an Intended corporation to be called The Edward II. Kellr lerporatlon, the character and object of which la to purchase, sell, hold, lease, mortgage, and deal In real estate, to Improve real estate and to lend money on real estate, and for these purposes to have and possess anf enjoy all the rights, bene fits and privileges of the aald act ot Assem bly and its supplements. v,y anu BDWARU DigKEItBOM. ' Solicitor, :S South SUUentb at.. MINING STOCKS Rig Uelse n ) Roston . Montana 08 70 6r llutte New orl ... . 1- fc. . , - .- .. . ui. .iium , i IS Jerome . , rirst National Gnldleld Mergsr r.otdlleld fons Goldtleld riorenre Ooldfleld Kecanas flretn Monster Hecla Mining Independence Lead Jerome Verde. . . Jim Duller Jumbo Kitenslnn McKlnley uarragh Maama chopper Mother Ide . Nevarla Hills . Neva do ondei . . . i, , Ntolsslng . . 11", iJ. Ohio I'opper i , Ray Hercules . 2 2' San Toy ... ... 9 11 Tonopab KMension 2s l I'nlted Verde 37 ,ih esi r.na c.on .. 2H Vhlts fa ps 22 Yerlntton i: i . tS ti 10 37 4 . 3I 13 R7 3 40 "O 'V vi in n 21 42 n is 4 ' 40 IS n 37 4r. 4 Kenn'tt Cop Keyston T . 11 03 Kelsey Wheel . 51 Lack Steel ... S0 Lak Trie & V 117J, do prcf 21 "1 iLrliigli Valley. 57T& LceKub ". Tire 3.1 Loo.se-'Wiles His 57Ts Lorillard I ...165 3' 24 8 IIONDI Bethlehem 7s fosden Oil ns fosden A Co lis rudahy r. Russlsn Gov AV,s Russian Gov ', s Southern RatlAay Sinclair Oil lis Todd Shipbuilding ,1s As 1021, . 03 in .'ST n on i, ion 104 !7 l7 102 4A 1ST n nn 110 ! 51 4", SO if, 118.. 1?4 "I 57 " -f- hi ""Yh I- 7 57!, ik 105 2 Louis . Nash. 12234 121 122--),-)- '4 Man Shirt 117 110 117 i Max Motor ... 46 43 1 J 40 do Ut pr v. 72 72 72 '., do 2d pr . . . . 35 35 :V May Dpt Stores 08 08 0S'i 1', Mex Tetrol ...170',4 177 170 a 1 ;, 02 47 SO 11 lit-? 57 3.1 7 105 14"! 3, .Loans Net dem'd dpts .Net time dpts. t-'lrrulatlon . Cash In vaults Reserve In mem ber banks .. Reserve in state banks and trust companies Reserve In state banks and trust company deposl 1 i torles ,.' b ' ggregate reserve Reserve required. Surplus tUnlled Stales .-M.noc) Increase, cru.M J'i nrj.730 nn i t4.il8.o4,non 11.1 1111 onn 38 sis onn T7 rr7 nne i 812.000 j on i nun in .-,-ii.oimi nn noo 1 830 000 70.920 000 t4 H 000 1 2 223 mm .'os 112 non f4 .1.414,1811 40 717.820 'I S3 llllil '11 8411.000 718 830 M4 VII. 810 deposits deducted, flVl, 1 NY Citv 4'4s '04 W, 3 N Y N II & II 0s 81 2S N Y Uwy 5s 14 0 N Y Tel 4s. 01 02 os 003.4 SI 13 & B SO '.j ,80 01 02-, 00 0034 SI 14 S0 4S 110 N.'fl 3 N Y V C 4'is 4S 4S 10 Noif v". Y tvOs.110 110 1 Nor I'ac -Is ... S3 STS' 2 Ore Short I, (W.I 00 100 100 1 Orc&WM&X Is 70 70 70 2 Tennn cn 4's.. )4 04 01 17 Pa 5s TkS 05-i, 05", 05"4 17 Pierce Oil 0s '24. 100', 10S3., K)S"4 12 Per Xlniqurtte 5s ci7 S7 S7',i 3 Sinclair Oil 7s.. 100 3 HtL&SP njt ... (kl 100 100 03 03 75", 75"', S3 S4 10S 108 08'. 08 33 '4 Mi 4 70 70 S0 80 Miami Con Cop 27 Midt ale Steel.. 48 Min & St I. uw 15 Mo K & T .. 11 do pr 22 V4 Missouri Pacific 33 do pref j . . . . 57 Nat Acme .. . SOU Nat C & Cable 10" Nat En & Stpd 0.11,4 National Lead. 73 Ncv Cn Copper 17 NnO, Tx & Mx .11 N Y Air Ilrake.120 27 27l 15 10 20 33 57 35 10 0.1 73 17 34 48 -f 15 -i".j OL'TSIDK riANK SI TKML.r STATE HA.NKh Loans i n v e s t- ments Gold Currency bank notes . Peposlts Tederal Reserve Rank of New lork tleposlts Reserve otT deposit I'erccntage or f(i22.8n7 nnn 8,3on nnn n inn inn lij 200 .17 14.4 Kin 730,1111.011(1 111.711 30(1 eserve, 20 0 2 ! r.1.1 iuii) i.i I. linn :217 00 J 1 South Pac Is. . 75',', 23 do cv Is SI 32 do cv 5s 100 20 South Uwy 4s.. OS", 2 Third A adj 5s. .13,!, 5 U S Ileal ty 5s.. 70 0 U S Rubber 5s.. S0 2 do 7s 103"i 103"4 103"4 10 Union Pac cv Is S8 SS 88 2 do 0s 103V. 103 103'. 2 U K of G II .5. I 5s new 1010 00"4 m 00-"4 20 do 5s 1021.. DO,' 00 00 11 do 5s 10,17 .. 007 007, ()) Total sales $0 4110(10 compared with I3.r23 ono jesterdav. thus fcr this v.rk 2I,310,UOO. same period list week 5I. 2S3 000 WIDE ADVANCES ARE SQORED BY RAILS ON LOCAL EXCHANGE ' T . Pennsylvania, Reading Company Common and Second Pre ferred and Lehigh Valley Make Gains Mining Issues Firm , - x TradrnR in slocks was moderately large on the Philadelphia exchange during today's short session, and with few exceptions price changes were to higher levels. v Continuing their leadership of yesfVrday and following their course la evv lork, rails .were the outstanding feature. Pennsylvania rose In the nrst hour to a new top-for 1010 of 47. while Kcaillng Company common ntiynnccd substantially, Heading second preferred rose more: than 2 points and Lehigh A alley moved up ii Hom',,s,1Br," "r"c firm, with the exception of Lake Superior Corporation, mi t 5i!'ldcd "'1-l'tly on n small turnover. Tonopah-Bclmont and Tonopah .Mining showed improvement and Itapld Transit trust certificates, United (la's improvement, Philadelphia Klectric and J. G. Urill held steady at or close to their previous closing prices. Philadelphia Company issues were neglected, but n stnnlt turnover ot that company s cumulative preferred indicated no unea8ines over the strike of tittsburgh Itailnays employes, as the quotation was tip n trine, vl nii l"Vmn,on w" ",0"'' but continued steady, while llaldwln Locomotive Vi l 7 P nt fro,n i,R snlc pi',, l,c,c ""-tcrrtny, which brought it down to about me level on the New York exchange, where it was firm carlv today. American C.as nnd Klectric 5s continued in demand in thc bond market. mvnncngl per icnt, while Heading general 4s reflected the strength ot the rails by rising slightly. Atlantic Refming's 1918 Surplus Cut by Taxes Evidence that the war taxes tut deeplj into the profits of the Atlantic ueiuitig Company is shown by the balnmc sheet of the company for the jenr ended December 31. 1018. w.liiih came out today. Under liabilities the OolnpanT sets aside $12,000,000 for estimated federal income taxes, whkh results in a 'pi. oft '" "IC "'"n'"8 increase as compared with the previous icar. 1 he total surplus In this last balance sheet is given ns .50,052,8S0, as compared with $48,408,502 for the jear 1017. while the surplus nt the end of lUia was $33.07(5.101. which indicates a. surplus for 101S of only $2,481,354 nftcr deduction of estimated war taxes, against a surplus of $11,402,335 for 1017 Officials of railroads operating eastward from Chicago nnd St. Louis icport a moderate betterment in general tonnage over lecent weeks, although much smaller than during the war period. Business tonditions indicate expanding leudenni'es. The large industries, However, are still operating nt greatly reduced capacitj. Officials of southern roads lcpoit a slightly larger volume of business of -diversified character. NEW YORK COFFEE MARKET New York, May 17. The market for coffee futures opened firm at advances of 15 to 21 points. AVnII street, local trade interests nnd New Organs were on the buying side with offerings from scattered so lines. May .lulv fcept. ! .Mar Open 1R ,io .is in 17.MI 17 3D ItUh 18 nil 1K.10 IS 13 17 RI 17 07 IrfiW 1R r.n is no l s 02 17 .10 17 30 Close IS M Is SI is 10 17 M 17 01 GOVERNMENT BONDS Panama coupon 2s 1D.tr. . Panama rea-latered 2 1130 Panama coupon 2s 103R Panama rrKlstered 2s 101R Panama coupon 3s 1001. Panama registered 3s 1001 Philippine 4s 1134 Philippine Is 101.1 Phlllpnlne 4s 1936 IT S Oovt coupon 2s 1030 . !! H fioU registered 2s 1030 IT S OoU coupon 3s 1040. U g llovt registered 3s llllfl ti H Govt coupon 4s 102.1. It S Uovt reglsUred 4s 1021. Dlst of Columbia 3-01s 1024 Hid 0S' llRf, 0R 0N, SO . SO . Oil no no OS'. . IIR'J Ml . so .100 lint', . 57 Vest clone 1R 20 1 R 3.1 17 SO 17 :in 17 11 Ask 09 '.4 lil., 02 j IJ'I I n. I '10, on so oni 112 02 mot ions loo Corporation Return Date Postponed Collector of Internal Hcveiiuo Lcdcicr. at Philndelphin. has amiounicd that the date for the tentative corporation returns nmlfor the information returns, covering wages, salaries, lents accru ing to employes of corporations, or ganizations and co-partnerships, had been postponed from Slay J 5 to June 15. These returns nre sent direct to Commissioner Iloper in Washington. CHICAGO BUTTER AND EGGS Kxtras. .18c, firsts, b.t 8o7'4e rllllarn 12.017 tubs May 17 BlITTBR Receipt!, ueconds H2.14Vo i:OOS firm Receipts. 32 211) rases Firsts, t2'44.V. nnlllialy firsts 4) 430. mlscel lineous. 424 14 c , THE Second National Bank of Philadelphia AT FRANKFORD Iteport of Condition, Hay 12th. 1911 RESOURCES Loans and Investments. . . . D,6&,43.42 United States Bonds. . . . 4G2,,;0V00 tj. S. Treasury Certificates 050,000 00 Due from Banks a.... 488.073.0S Cash and Reserve... 800,431.0.1 $8,376,140.53 LIABILITIES Capital Stock- '. tJSO.OOO.OO Surplus and Net Profltb . 7BU.693.71 t'irculation 160,000.00 J- Certificates of Indebtedness ' (borrowed) 150,000 01) I Bills Payable with Federal !, ltesenc Banlc 160,000.00 Iteserved for Taxes. .. . 12,868 (15 Reserved for Intel est. . .. 82,848.1t Deposits 6.799.730.0 "' 1 $8,376,140.53 KHANK ADSHHAD. Cashier. Equipped for Personal Service $50,000.00 General Utility Co. WE offer, for immediate sale, $50,000.00 preferred stock, 7 per cent, cumulative, non-assessable, par $10.00, and pive. as a bonus, 26 per cent, of com mon stock with each share of preferred. Common stock panvalue is $10 per share, fully paid, non-assessable. The General Utility Co. is manufacturing automotive "necessities, for which thci e is an ever-increasing demand with large profits. Full information upon request. Franklin Finance Corp. v 811 Slock Exchange Bldg. - GAIN IN BANK CLEARINGS TRUST Loans invest-. COMPANIES .I2.l22,ni i.nno ll.Ul,4IIU ments Hold I'urrency bca n k notes . ... TlennallR federal Reserve Rank of New York . 200.'i0 00(1 Deposits . 2,inVi2S.cl00 Ileterve ondeposit 302.170 100 Percentage of reserve. 17 5, ' Business 12.6 Per Cent Greater Than This Week Last Year New Yorli, May 17. Total Clcarinu 'i-M sot) House returns for week ending May 17 24,103,Sno 2 81(1.800 '.' 228 soo 10.301,200 I i; lo-J- -"c I STATU RANKS ANI TRUST!' rOMPANIRR 'rnui.a ln..(n.An,a SSl lA 1(7 1 ?l III ,.l .. ,n.,. liWIIl. ,,. T TS....V ...a w " ; rt. ,1,11. ...tll Cioia .. o,o.ui"u Currency bank notes ... .19, 031. SOO Deposits Federal Reserve Jtank of New York . . (IR.RSl.lO'i Tolal deposits ... K4l,HH3,40n Net deposits . 735.47T.20il Reserve on deposit 140.713.00U Percentage of reserve, 20 0 Decrease .TI 07 101.2 3'i 731 i it 17. U 34i ii B7 DIVIDENDS DECLARED Haddington Title and Trust Companv. Quarterly of m ner rent, payable June 1 to stock of record May 16 American Rosrh M-ianeto Corporallon. quarterly of (1 r0 a share payable June 30 to atock of record June IB. Crucible Steel Comnant Quarterly of IK ner nil on preferred payable Jum 30 vn stork of record June 16, 8 H K'sss i- go , Quarterly of H per cent on preferred payable July 1 lev atock of record June 20. and quarterly of 1 per cent on" common payable August I' to stock of record July 10 BAR SILVER Commercial bar silver was quoted In New York today al $i.l0'& an ounce, a decline of 3tc; in Iondon at 53'd, s low iuf laf, ? 81 X Y Central.. 82U X Y Dock 'JS 7U X Y X II & II 3.174 32T& X Y O & W. 23i 23 Xorf South . . . 184 18 Xorf & West. 112 1HU Xorthern Pac. 08 07 Xova Scotia Stl OS C7?i Oldalioma .... 11 11 Ohio Gas 48 Ontario Silver. D',4 Owens Bot . . . IM5 Pacific Mall . . , 30 retina Seab Stl 37 Pac Tel & Tel. Pan-Amer Pet. Penna R It... Peq C.as & C. Pere Marq dovjirlor pf . , do pref Phila Co t.ft 1188 120 11,2 27 80 '3 47i am 03 48' T- 47 OVA 50 38U 351. 20?4 88 46?4 ri2 'a ii2T4 48 81-?i-rl 28 .. 33?l T. 2!t .. 18 1 112 1 074-f- 94 08 llr8 47.. 1-V4 m 30 .. 3094 f 1 2054.. 8IVa H 47l",4 Mli 22!i 2's 'i - Ik 738,100 3.511 000 I.S3I.500 2.791,40(1 (Saturday estimated) hovv gross rx ihanges ot S7..H0,40,1SK against .1:0.700,375,015 last jcar, an increase of 12.0 per cent. Following cities' clear ings for live dajs were: ' leio loi s 4 iv, New York 3,B5S.45n,004 t3.147.r.S5,IlfiR1.5 wi r-' .;.;'x"i.'A .sJ'SiS-ysiin tloslon . 277.370.992 Kan. City 177,281,450 1 St Ixiuls 1 35.504,081 Han Fran 113,001.720 Tietrolt -7n,niMi.iiiMi J,JM(I.T7 51.4.12 -3f;8 Partly estimated .117.53,532 a 0 150.052.llslll,4 jo,,,mitf,n.,n 1 102,200 N Orleans 01.030,400. 50.D7li.510 51.315, 8B 52.705.801- 8 R 23 (1 32.5 II! 0 2.4 MERCHANTS. If you are a grocer, druggist, har-wars deailar, tobacconist, clothier, furnisher, jeweler any kind of a ttorthfptr you shouldn't wait another day before subscribing to the Retail Public Ledger the new twice-a-month periodical for merchants only. Subscribers say they have been waiting for it for years. Not a trade-paper, but an intpir Ins news-magazine that interestingly tells all sorts of things that merchants want to know. Business problems salesmanship, buy ing, accounting, the handling" and training of help, credits, delivering, advertising, collections the Retail Public Ledger tells how they er all being solved tn successful stores. Entertaining fiction dealing with the sentiment and drama of storelceeping, anecdotes, verse, sAp. tofaphs, now of big movements for merchants' benefit direst pleasant hour of entertaining, helpful reading in every Issue.' Sulx scrlption price, 10 cents a copy, ONE pOLLAR year (24 Issues). Just'slip a dollar Into an envelope, with your letterhead or name and address plainly written, and it will be sent on the first and third Tuesdays of every month for a year. Address Retail Public Ledger, 220 Public Ledger Building. Philadelphia, Pa. ' it newt . -r FOREIGN PURCHASES FINANCED OUR COMMERCIAL LETTERS OF CREDIT ISSUED IN UNITED STATES DO-LARS. POUNDS STERLING AND OTHER CURRENCIES FOR IMPORTING MERCHANDISE ARE AC CEPTED IN ALL PARTS OF THE WORLD. THEIR USE AFFORDS SAFETY AND THE MOST ADVANTAGEOUS RATES OF EXCHANGE AND INTEREST TO BUYERS. Brown Brothers & Co. Fourth and Chestnut Streets New York Philadelphia Boston Brown, Shipley Co., London The Tenth National Bank i 1641-43-45 N. Broad St. Philadelphia, May 12, 1919. RESOURCES Loans and Investments ?3,143,247.45, Exchanges for Clearing House 94,176,65 Due from Banks , 165,67.47 Cash and Reserve ?,.-. 371,136.01 UABILITU-S 3,773,827.58 Capital .... Surplus and Undivided Profits Circulation ......''. , . Bills Payable with Federal Reserve Bank Secured by United States Securities .- , r 300,000.00, 177,369.68 190,495.00' 375,000.00 ., ( Liberty Loan $" 26,650.00 ) -n -n. nn nn DeDOSltS U.S. Government... S 118.700.00 $2,724,972,90 V INDIVIDUAL . $2,579,622.90 -22 '- S ?3,773,827.58 Assets. Mayt 1919. Assets, May 1918. , ,- .......... ,.,... - ,$3,773,827.58 . 2,534,492.54 Wu rt .! . f -anw aoaress. 1 ' ll" fJ .. v '& ' v . s SIT, - f m v '- r V? WFI T&wv1 ,V mLm&ik - . C. I' " I .v ,.?iirki M.S- JiD-.&, . . a Ai I? s
Significant historical Pennsylvania newspapers