T. 3- . W' v 20 J .? . ,-- PT 'u SKi ex- hf w if ' i.iW f m FrJil "' I Local Industrial! Only ENNER & COMPANY, Inc. ' 1 Wldcntr Building I ) Y tsr.ncne. in renni!, riBaucng, Lancaater, York, Allentown Wf" Hh m i? 7io imncTMiritfTS 74Y0 iim'""' Fifteen hich-grade in vestments advised for purchase to our clientele on April 5, 1919, with an average yield of nearly 7 yt have jumped in price from 1 to 4 points, thus materially lowering the return. Some of the twenty-one. pre ferred stocks nclTlseil for tinr clinse liist week, jrlelilln nil nver-n-e of 7. 33, hTn rIso nilTnnceil. WhT wsilt and miss such oppor tunities? For particulars, address Dcpt. P. L.-51 ( Babion's Ststiiticsl Orftnizalioa Wellestey Hill", SUm, Largest OrK.nUntlon of Its Clinrncter In the World U. S. STEEL COMMON The Standard Statistics Com pany of New York has pre pared for us an analysis of the book value of U. S. Steel com mon stock. Copy on request Chandler Bros. & Co. Members Neiv York Stock Exchange 1338 Chestnut St. I'lillndflpliln Tr NEWS OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK PRICES' NEW YORK MARKET LARGE, WITH PRICES MUCH HIGHER Stocks Are Bid Up in Large Blocks and Score Violent Advances. General Motors Soars Steel at New Top for Year NEW YORK STOCK SALES High Points in Today's Financial iS'ews Stock trading was on an enormous .scale on the New York exchange nnd nenrly everything mtulc a substantial gain. Motors were prominent und Steel reached new top for year. Oils continued active on the Cuib. Corn was under pressure, but cotton was much higher. Foreign ex change showed a steadier tone and was stronger. I.onns increased in the Philadelphia Clearing House's weekly statement, while reserves and deposits decreased. Bar silver advanced slightly in New York and London. LOST OR STOLEN $5,000.00 American Railways National Properties 46 Bonds N'cw York, May -(!. The tir-vv work started in with thr- bull movement linvvinj: more vigor than the stock market lins displn.voil lit any time since the advance vtnrteil more tlinn tlneo months urii. Thorn wns a large nc riimulutinn of linking orders oirr Sunday nnd nt tlie nmc time pools nnd cliiiues were active in ninn groups, bidding for stocks in huge blocks nt nd viinriuR prices nuil causing violent advances iu niiinj Ksitos. Tlie high rrcords included gains of from 1 to 10 points, with the greatest ndvani'P tiuide in (leneral Motors, wliieh ro.e more than 1(1 points to above l!0."i. (iiiius o .'? to i" points were, in fact, so numerous t lint they could not be mentioned iu detnil and were simply included In what were re garded as tlie ordinary mnrket movements to which tlie Street hns become accustomed. An indication of the nc'livitj and "-(length could he furnished only by An indication of the ni-tivit.v and strength could be furnished only by selei ting stocks from tlie mm ions groups. StudehnKer wns one of the most active fen I u res, ndwincing nioie than ! points In !)""-,. and Crucible Steel niiide a gain of 3 points to Sl's. Texas ("onipiiiiv made n gain of !l points to 'Jsl. nnd in the railroads Ati'hisnn rose 'J points to 102 and Texas and I'neinV 1 '( to 31. I nited StHtes Steel, on increased finding icmlliiisfrnni the continued absorption, iitlvdiiivcl nonilv - points to 1I)!I',. Many specialties, including Allis-Clinlmei and 'yi n Product, also innde substantial gams. Tlie copper stocks Ibiitiinled over n wider innge thnn tliey have done for a long time and nearly all tline issues made gains from 1 to more than 'J points. All the important bond ilealeis weie intent on devoting their efforts to trading in tlie l.ihr-rlv issues and comment wns made by them on the fact that investment bu.iing. that formerly had been lontinunlly noted in rail road industrial issues of the higher class, was now concentrated wholly in the l.ibeily ltcmil. The fourth lflls were especially fnvorr-il In this group of bujers. as they have been since the issue sold at its low of !." l'' According to these dealers, while other bond- lime been active, the buving lias been also wholly of a spei illative chaiaitcr as in Interboroiigii Metropolitan 4' . which rose fioni Us' , to III' . T.nst 3. 00 ... clnss Hlh' J,nw p m. Atlnms Express . . fin -fli mi 01 Advance Ilumelv . ,i"'il 331$ 3" 33 A',v n"lm!,ly Pf OWi 70 70 TO AJax Rubber ... 80 01'i 00'i 0! A aaka O Mines. 3Ji W 3H 3,Tj Maalca Juneau .. 'jty 2'j 2'i 'l'i Allls-Chnl Mfg .. o'j 40) 42i 4bH Allls-Chn! Mfg pf. 04 " $i (14 AmABrlculChom.no 110 10Bfii 100'y Am licet KiiRar . S '( R2 81 Hl'j Am Bosch Mng . . ?i mj 07 101 Am Can 30); 6D' S0"' .W.'i Am Can pf ,...102 102!f I02i CI3H Am Car & Pdy .102 1IM',102.'J IMW Am Cotton O'l .. 35JJ 7 MU MH Am ITug Syndl 131J 13.H a 13 Am express .... 102K Am Hldo & Lea. .13.' 34'n 3.Vi :t4lj Am II & 1, pf ..122 123h 122H 123 Am Ice fi5f 3(U 50 30 Am Ice pf 71 Am International. 02 04!- 02W 034 Am Linseed .... C3.U C3JS 03h fi3!j Am Unseed pf ., 03 00 O.Vi 00 Am Locomotive . S3 83JJ S3!( S!i Am Malting .. . 31 j 4 3, 3)i Am M 1st pf cod. 57Jt' ... Am Smelt & Tier 70j S2 bl 81 7t Am Snuff 12,( Am .Steel ViMta . 305 17 7'i 37J4 Am Suma Tob ..V7'i 10S 107'i 108 Am .Sum Tob rts. 3JJ 4 3,'j 3'j Am Tel & Tel ..JOGH U)7( 100,'i 107H ,-MOii 213 211 213 , WW 014 S8 01 ,102 102 102 102 . 44 -I4'i 4t 4t' . K,'i 17 lG'i 17 . 40't' 30 51 50 09",, 71 h r.n;i 0h 40 , SIM 51 51 00 00'i 0014' 00'. lOll'i 10U I0,l'i S7i; Am Tobacco Am Woolen Am Woolen if Am Writ P pf Am Zinc L & S . Am J2 L & .S pf . Anaconda Copper, Asso Dry Goods , Associated Oil Alch Top & S K.100 Atch T &- .S F pf. 87 $v Southern Itvvy , Southern Kwy pf Rirnnihere Cnrb Studcbaker Co . . 80)a Stutz Motor 03!'i Superior Steel . . . 4(l) Tcnn Cop & Chcm. 14J. Texas Co 27o Texna & Paclllo . 104. Third Aenue ... 10J; Tobacco Prod . . . IKMX Tob Prod pX ...10i.'i Tol St U i W pf . 17 Transue & Will ..31 Underwood Type. 185 l.ut ' Closs ltllll ii'i ; a .00 Iiow P.m. 31JI 32 70H 71Ji 40) 61'1) 00i Wi 04i ft7b 47H CO W lr 075U 282 48 2h lO'i 2.'t 1141, vn 71.'J 31 00,'i OH 30 15U 284 34 21 ml 10b 103b 10fi 58H 67 08 cor. 184 io. Underwood Type.ioa w - ,. , )7i Union PacJfio . . .133H 1!J7 . ' Union PanOopf.. 73U 'A o3ti t'll.l AHnv H. .". 33K .":' 1'jJl- Un Cigar Stores .133 3j ",, 12l United Drug ....! 21 -0 jg.,,. 27!i 20t 20i o4i; 2tMi 2J(J . .1-4 ... - u s c 1 p & f pr., 0-1 . . ; ; ;., UTS Kxpress .... 32)j :12 L'r, I- S Kood Prod .. 73H '.'!' r'i''4 , 14 I- S Ind Alcohol .15 H 1M, J" wi, t S llealty & 1m. 43 43)i 43 ' .-5 iiuuuti . ...iu--t ;:.. ,1:11, 1H ir' V .1 W'l '" t nlted Fruit ....182 Un Hjs Inest . 14 rn ns In pf ... S8 U S Cast I P & P. 27'i U S Hub. 1st 'pf.. 114 n K .U II p. - .ilOl ' I J II'. rssntli pf. Am M 4" K? U S Steel 107H 100K Z ,. r. r...., ..a nr.l nr.5i 1I.,5) ll';i Utah Copper Utah Securities Va-Caro Chem 80 18 84! 18U 72!. 80 8P4 1RW 18h 71W 71K 8S 8 No. No No. No No. M M. M. M. M 1769 -$1,000.00 1760 f 1.000 0(1 3447 $1,000.00 B339 $1 000.00 5342 $1 000 00 Anw lisnl: ltnl.r nr Individual COtnlnK Into po"lon of these bonds will pla I communlcato Immediately with the under lvntd Utilities Service Corporation ! l.nmt Title Hullillnc rhllndelphln ,. BULLS ARE IN SECURITY IHARKET IN OUTSIDE MARKET StOCKiS OOHClS Business Opens With Rush and Cosden Up on Sales of More ' ci'u n Y": 30 Atl Coast Line ..105 105'i 105H 10JH- All Oult & V l..lft'1'i lc.7 lrt.'U' lf.0'4 Baldwin l.oco ...10t 101 100.', 101' j Hultlmore & Ohio. n!i 33 5IH 3,' Bnlto & Ohio pf 3s 3s;j 38H o'j Barrett Co 137Ji 13SH 135.'4' 13' Batopllaa Xlinlne. Ui 2 14 '- 1 Bethlehem Steel . 78U 80 7b,' 80 Beth S Class B.. 7&lj 81 "II 80 Beth Steel 81 pf.l12J 1124 112'v 112'j Booth Flsheiles . 23' i 23H WUt 23'i BrooK U Trail .. 20', 20Ji 20." 20't B U T cfs of dep. 238 25'a 25 25 Brook Cnlon Gaa. 89 Biuns T & B sec. 0j, f,,, Butte Cop & Zinc. 13W 14.U 13'5 13"i Butto & Superior 24 L'jj 24J -'o'n C.vdclo Cent 4Sla '53 48.'i 32?i Cal Piti-klnu Of, lifiij; 034 Ml1 c'al Pctrolcuni .. 32 32Ji 314 3'.4' Cal Pel pf .. 703j 70t 70'i 70" Calumet & Ariz . Gj. r.4' G-U4 (iti Can.id an Pacific. 107 lOS.'t 107; 107." I Cerro do Pasco C. 44' j 1.) 2 45 454 Central Leather . O.S 91 934 034 j Chandler Motor lSVj 101 ISO Wi Ches & Ohio (8 (W4 07J4 OS' I cii, (It Western . 104 104 10 10 j I Chi (J W pf 2'.i;i 29.4 29;,' 204 I Chi .Mil & St P. 45' 4C4 40 404 I Chi Mil & St p pf. 714 73 7Ui 724 I Chi & C. Ill nf . 7' . 0' 84 04 Cln & Xvvrn .. .101 lOf'i 1044 1014 Chi & Nvvrn pf..l.J2 1324 1324 H."i 304 30 ,'P4 Va-Caro c-hem .. 72 ish, '',;; Va-Caro C pf ...113M 113.4 H? Vie T,C liK llt5 '"' 114 PJ .-if.Ji :i" 234 24 70 75' i !3J 13'i 23 211 50 57 K9 024 50; I Vn Iron C & ( Wnbush 1 Wivbishiif A . . Wabash pf B . . I Wells Fargo Kx.. West Maryland . I Western Pacific . I Western Pac pf . Western Union T. lli IP 30H 304 23! 24 74 134 22.4 50i 804 58 134 .:t 57 014 684 Philadelphia. Slocks Wcstlnff K & M. 584" Westlnc 1st pf- .. 70 . . Wheeling; & L 11. 10.4 104 104 White Motors'... 59! 1 02 "04 U'l.n p. . LI' Q7.1.' Hi Wilson & Co pf..l0l!i 101N 1014 It Wllly.s-Overland . 304 :'Ji ''" "' Wool (F W) Co .131 131 i'11 Wolthlnirton I .. 70'i 724 cO Wor I'ump pf A. 90 Ex dividend Tederal Mlnlns and PmcU ing prof , 1 104 01.4 874' 1014 10 131 0 New York Bonds ? Net lllith Ixivv Clone chic. nOAHIn Ins i!2Vi j 'i'iVi--110 Am Htors 124 a J1 24 'M Adv Itttm :i2ri .12 '2!i Vi C Am Ons. 71 71 71 1 14 Am Itys. 10j ltTi lO'j.. 32 do prof. '(18 (!8 08, V. ,'IOOHaIiI 1-0.101 101 101 20(1 Uh & O. 84 08 OSVi V 100 Chile Cp 23V. 23 Vj 2,-j4"1 :I7(I Klcc Stor 74',j 74 74'j . 1130 (Jen Asp 70 VI OII'H 70Vi l V-j (130 do i)rcf,103Vj 102i 10o':2 IOOGiih & Wms .. .30 133 Ins Co of. X Am. .32 S027I; tfnCor 21 10 Leh, Nnv (111 130 Lch Vnl 50 V lOMInchlll. 32 lOMIdvnlc. filV' 700 I'cnn UK 48 40 1'n Snlt. 80 20 1'hlla Co -HJj 1040 Phil Klcc 23 733 1' K T tr eta 20 10 Heading. SOVi 20 Ton Mel. 3Vj 200 Ton Jlin .3J 25(1 Un Tract 40 211 V (1 I . . 70Vi 2030 U H Stl.lOHH 107 lOSValVi B W J & S 42 42 42 . . 270 W Cra'p & Sons.l2(! 123 120 3 llONm Xet Itiffh Low Close chge. .uini iiniii l-oc 1st i"-,..l()0'.. 100'. 100'.'. '', 1000 Iteth 8tccl 0m 10S 10S 10S 2 10000 Equit 111 (Jits rjg.102'.'. 102'. 102'.'... 2000 Lake Sup inc 3s.. 04 04 04 2 1000 Lib llond 2d 4 Vis. 03.08 03 OS D3.084-.2S 0.300 4th 41s 05.:i2 04.801)3.00 .18 3100 2d 4... 1)1.70 04.20 1)4. 20 .10 0730 3d 4',s. )3.R0 05.40 03.40 .34 0000 Xnt l'rop 30 30 .31 11 .32 1 2014 21 '41 00 01)'.. 38 50 14 52 52 1 r.i'j r,i',4 47 .48 14 80'.. 'fcOVi.. 41' A -11'. Vi 25 Va 25 U 20'.. 20 80 V, 81l'4 3'j Va A 3 :MJ A 40 40 00 (io -y, LAKE SUPERIOR IS ACTIVE AND RISES IN LOCAL MARKET j Philadelphia Electric Also Continues to Show Fair Momentum. Tone Is Firm Steel Scores Wide Advance Slock tindiug beenmo vigorous today on the Philadelphia exchange, following n moderate opining, nnd several of the lenders developed pronounced activity and strength. At the opening prices wem firm, nnd the uniiRiinl showing on (he big board wns quickly reflected by a widening demnud and sub stantial tipwnrd movement on the local exchnnge. Lake Superior Corporation attracted much interest by its remarkable activity nnd strength, which wns attributed very largely to the big demand for Steel common in New York, but the undertone of the entire list was strong nud thero was every evidence that this market hnd important support generally. Sales of that stock totaled more than 7200 shares, nnd its price was carried up more than 1 point to a new top level for the yenr, from which there wns n "light reaction, due to prolit-tnklnR. Philadelphia Klectrlc also developed un usual nctlvity, but held steady, while Ilapid Trnnslt trut certificates and Union Traction were firm, Willinm Cramp continued to show strength, advancing 3, poIntR on n small turnover. Near the cloe (lenernl Asphnlt common changed bands l'v. points above its previous closing level, nnd the preferred enme out 2 points higher. JjJJ J'.leetnc htornge Battery, which had shown n declining tendency Inst week, advanced slightly, but lost the gain. Tonopnh Mining gained n trifle nnd American Gas 1 point. Tonnpnli-Ilclinont blinded n fraction, nnd a decline of Vi ' wns recorded for United (!ns Improvement. Philadelphia Company advanced 3A and Jllnehill 1 point. Pennsylvania Itnilrond wns firm, West .Jersey nnd Seashore held steady, while Lehigh Valley gained nfter being higher. Steel common mndc n wide ndvauce to as much ns 100 Vt, a new top for tho ' year, from which it dropped back to 10S, nnd Ilnldwins Locomotive turned upward for n fnir gain. In the bond division Xational Property 4-(!s continued active nnd strong, ' and Lnke Superior income 5s followed the tipwnrd inovemeut for the stock, , rising 2 per cent on a sinnll turnover, Hrokers' board rooms in this city were largely ntteuded nnd there was n, general feeling of lonlideuco and satisfaction us stock nfter stock came out in large volume, with prices rising nlniost without interruption. One of tlie lending brokers said that, while stime houses were advising caution, due to the tiniiRunl vigor nf the mnrket, he believed virtually all the landing issues were worthy of continued demand nt their present levels. He j said that, although nenrly everything else hnd ndvauced considerably in two years since this country entered the war, important stocks had done little and he thought the upward movement was due and with the present general op timism nnd the wide outside iutcrest prices would likely continue to advance. The governing committee of the exclinnge voted in favor of an extra holiday for next Saturday, following the usual Memorial Day suspension. Similar action " was taken by New York exchange officials last week. le in 1 1000 104 Anglo-French Complete facilities for Uie execution of I orclfm In any amount. Edward Morrissey 1425 Walnut Street Correspondent of L. J DIETZ 1 CO Member of N T Consolidated Piotk ExUi Gathers Momentum Steel at Year's High Than 15,000 Shares Hous ton at New High fhjjio Cc I'olo File SVi 82", S3). 71 70V 70' 20 24h 23' 40', .33 40 18 473 474 54.' 33!s 53'i Mod, sules today on the New Vorl, Km liiinse totaled I .l)8l,3(in shares. New orli, May .-'(! -Theie weie main important' features to the trading i Continental -ui on the llintul street i urb today. Hunt I Torn Pioil Itof Phones, Lorim VJ72 nnreiir.S WANTED A live - wire broker to take charge of a good, first-class legiti mate proposition. Box C, 221, Ledger Office. LIBERTY BONDS BOUGHT and SOLD Anr Denominations Samuel K. Phillips & Co. 507 CHESTNUT STUEET Members Philadelphia Block Kxrhencs New iirli, .May L'li The N'evv York I Kvening Sun's linaui'i'il review this j afternoon is as 'follows ; Tlie new week in the seiuiitics tnnr I ki't beiiiui with the hulls eiiiihiiticull.v ' .. . .. .. , I.,... . ...... 1 nnd irckles.iy rainpant in lliei niu.i snop imiio 01 m.,. .vinivvest uetining was !uf delic-atel.v poised prii'es. There vv-.is n traded iu at 100 to IS.s. Wiight-Mar- w ide opening, with a uili of aceuinulntiil un was unusuall.v active and stin lurdci's to buv. (iains of iiiivwIipii' fioni nlimit .ilKMI sliaies being I railed I 1 tu ."! points were the rule in the tu-st 0"s and 7. iiiteiest heinj; iittiiehcd in leading i ir lis to the prii'iiiiicnri. ohlniiied by Cos den. 'which moved up to above 11 ou alis of over 13.(1(111 siiares. .Miin.v other oil stock-! were aitive. I lousion Oil advancing to the new high C K I . I fi'l pf. 71 Chile Copper .... 24'i Copper . . :isJi el & Iron. I, J i Col Oa.( & i:ieo . .-).-15' Consolidated Has 102 r02.' 102.' 102.' I Con In Cal Min.. S1 Ml.' i s'j SC. C". 04i Cl'-i 7C'j Sl' 77lj 33' 30i .-o! M.1 8-"j Sl? 113' 113 113 . .V bh S 11s ,14'. II few minutes and several points vvcin 'added to them before middaj. Nenrh luilf u million sliaies rhanged hatiiN in tiic tirst liiuir and almost as muii.v in Hi" secoud. j I uitcd States SliM-1 was liutled for I ward to n ii'iord level foi the v'.ir. nhove 100: ('nuiblc i rnsed SO the . equipments were iu brisk demand and Notice Is hereby bIvmi h Hankers Trut ' tlie coppers, tob.lnos. mils mid spcil.ll Ciompany Trustee undr n Indenture of I.. ... ,, Pennxlanla Uledrl. l'ompni dated Julv ties ilul verv well. I, iMis, lo iwnKersirust i'njnpan us i.,,. :,, i. ,.n,,l f i in -.i.il'c vvere sold at U and was linn, selling , nXANCIAl. PINKISH Fl'MI ITUrilAsK III' rE.NN8M.VAMA KI.KTTUIt' t'OMI'AV rive iear " s,ernrei doiii sole Ai'tna l.'vplosives 11 '.. I'liillip .Mnrri nt 11". and ll'-s. S.ivold Tiic sold nt 37'-.. to 37 and New i..rk Savold Tire nld at 3('.la to 33. l.ihbj, .McNeill A. l.ihbv "was Irnileil iu at 31 -T, to ,".l'. Swift liiteriationnl sold a (ill to 01. International Ituhber was fuiilv active. imiiging fioni 20'.. to 2S,. More than 3000 sim,.s uf Cluiliiicrs Motor cliiiiiei.il performing vvitli the most hands during advancing tc lorciioon which, after dropped to i:i"s. t1,Bbr"iiS'th2 ' tiiHi.. energ unci e. Ia. Cin-ral Motor Hsk Ituhber Tiic s.,1,1 at 34 enture ihc sum and StudebaKer were the stars with S to Itcniington T.v pevv ntcr was tc ',1 to 31. teudy with kers Trust ntnoam n TruatP. Rft urlnrr th Vf Yenr 7ri Wpmrpil Gold Note of aaW Pennslanla i:iei trie i tho mottH' uompanv. mat on .iiny i, luiu furh Indenture tirre will b ainklnr fund und-r Bid ind or iii.uiMi inp me nurrniiflA or m.iid nntcn. .. . . . .. i , nd th Truntee hcreb imltea nealPd offpr 1 juMlits to tliPIl rtoilit, nbl siipportrU -airs in n. ffrt&'STil'TfiiitS liioiK Jff'IST ilS!3,b VWvr( Arro"- 'I'(I1- whi-.- a fnitnr.. ;.f ti., MUlVK storks .is nenartment. 111 Wall 9triet, norouMi nf Overland nnd Miiwvell. 1 lie nun Hies , the strength III doldc n tuite, which rose UaHhaltan fltv ntF NTaii Vnnlr fr.m. In. ntn ... .toi . . .....,,....."' tn. IU! Itlt? BUI" I .. ,... !,, . , ,1nr ,.r (I.rt tlllilt, It I I 1 " II .!' til Jl. !...,. I- iir iii vin.i ('in i - ....n..-- -i .- . . jii-i-t i if 1 1 Hi failed to eiert themselves. rights sold nt Ts. In tlie rail Iit, Atchison carried nvva.v the honors, selling above 102. Missouri, l'rom the nntea ' Kansai nnd Testis prefcied. St. l'nill' MnB Ksi'lo'lvep nei th also. Tlie peculiar character of tlie present market renders precedent of scant value and fcccms to promise mole or less fie- quent repetition of toclu.v s displav of strength. The shorts nie kept on tenter Crucible .Sleet Cuba Cane Hugur Cuba, c R pf .. . Dehi A: Hudson Denver & Hio Or Dome Mines- . . Ililo Ill Kile 1st pf ... IIOU Ked Mill & Sin . 13 Kecl M & S pf . -M.'i " i Fisher Body .... 70 '" "t tlaston V & V . 3','j Ulen cntsmlcdl . ..1110 General Cigar . . SI1 Cencral Klectr c .lfi( Ceneial Motors .19 ' lien Motois deb . (I01 Good t(B P) Co . Goodrich pf Uranby Consol fir NortheiM pf. G .V cfs for ore p. 47.' Greene-Can Co . 12 Gulf States S . 73' Haskell & B.uker. 3S Inspiration op 111' i 31.' 'ioh 1?4 37' 10'. 30'2 '.'ll.i 7-1 36' j S7'j J 81 aa'i s.' j 113 S'ii lt3s lit' 30' j llluh 11' Am I'or sec .is im', 3 Am Hmelt Sec (is 00 2 Am Tel & Tel 3s 02 20 do 0 104 7 Armour Co 4'...s. S0ni ' Atchison 4. . . . S2:, 1 Halt & O 3 SOv 12 do ev l'-s 70 1 Ilkn Hap Tr 3s.. (!(!' 17 Bordeaux (is U!!!s (I Can Cov 3s '21.. IISOi 3 do '2(1 '.Wis 1' do Ml OS S Cent Leather 3s.. 07 12 Chile 0s 01 "s 30 Chile Copper 7s.H0'-.. 7 Ches & Ocv 4V.M 1S do cv 3s. Iaivv 07 1 j 003 00 02 104 87 v, SO 7S Cili'i 00'', 0Si 07Ti 07 0! ns, 2::.o 07',.. 00 00 ill" 101 87 824 Ml 78, (iO'j 00 os1;; 08 ns 07 01 110 83 4-(Is... 40 30'. 10000 Thili W& Halt -in 07 07 0300 Tbiln Eli- 1st 3s.. 00 !)3Ts 2000 Tliila & Kric 4s 07-'i4 V71', 30 J4 07 .. 03 'A !i7i Vt MONEY-LENDINfJv RATES New York Mouey on pall, iuix4d eollnteral, opened toduj at 4'. per cent for lending nnd renewing. On nil iu diiHtrial eollatcral the opening rate was 3 per cent. The money market was easy today with fairly free offTiugs of funds on in dustrials nt .Vh per cent for thirty dajs, to six months. As heretofore most of tlie supply available coincs4ram the great grain distributing cenlcrs which have been enriched by tlie high prices fof- gin in, pork and other food stuffs and supplies. Trime mercantile paper is in only si' S2i 107 1G5!. 20'' 107 0' (10 72 7(i4 7.1 1077 1071. 107-,' 1074 MIS 107 203' i 00 n l,s' l nf ffatn to It on July 1, ltlllt. of euch notei t K rices to be named lu audi off era. provided owever, that, no offers will b accepted which will be for a um In pxppss of one hundred and one and one-hnlf per centum HVLwet or me. rnncipai amnunl or auch nntex and acrrned Intereat I'rnni Ilia nntsu offered In redoonae to this nollce the Trustee! , ,.. ,,.. : Am, r-Itrltish Mfu will accent auin nolea as are offered at the nun icvas mm i .o un- n,-n- iui-.i nun-, Amer Marconi IMIfslltl tl.si 111. I sal cioi. .k lale Amer W'rilinj I'jnot Air Jl-lUvlin Canadian carlo r.in Car 5 l-'d nref Charen.cl Iron Chevrolet Vlcjinre Curtl Aeropl-ine Carvven Tool . Carbon Steel lmor.nn PI iipoi-i ante Department of ths underslitned Trustee en I hooks all tlie time because of tlie per- , I'ederal live . foU,y.nd1acc;pd,hbTh7CTru,?ero1f.tn;rh''nt refusal of those holdcs JtlllV-'rorV'fio-,- " JSffi.'ffr". 'AVffe'nt ?rVio?d .haY.m n's I larK" 7 ,. "'"- " " I I'm?" lift' l" then been paid to the Trustes by the Perm- constant thorn in their sule and there- Maxim Munlilons . . ayiyania r.iectrie t-ompany.. f. i,nn .. j.l,i,1mntl -c fnvnr. ' '. iln'. lowest prices, not exieedlnff one hundred and one and one-half per centum (inline') of the principal amount of such notes and aicrued Interest to an amount sunk-lent to exhaust, as nearly as mar be. said sum of I4.-V.oon Notices of acceptance of offers will b. mailed on June 11, 1810, to the makers of such offers as are accented at the arMr.. designated by them respectively The notes' i Rccepiea win do pajanic at the Iruut ''' so III :i SOil UN ll ?:: mi :m ii.'k i' i'i 17 till 4b III llil S4 2:t ti.i Accepted bonds when delivered should be i . V V Milnbullillntr i'.ip ruin accompanied by Federal Income Tax Owner- able as lliev have been, geneially speak- .s in I'.ip shin Certlflcatea with respect lo th- accrued , ni nl,, lt ,ns llf,t ,-oniiin. n "s i:ieatm Interest. ing. all along, it noes nor icquire n pPeris, m01 Ta 4 a4 a 4V Vb,f Va1 iVl. Ail.L I. .. .,4 ll l-h gicut deal ot initiative to smmpeuo tneui T)ated at S,w Tori; fhla enih Aav nr t.. loin - " " " IIANKKnl TKfST COIIPANV. Trunlee 'into covering. llr U F- w"'0"- -lr Vlr" Presidem I Developments AN cor, roMi'wv first mort "n" nppenred to SCA f-N' rSC i- yr-. KE1JKM OAOF. AND CONsni.mATEU hlX. I'EH Notice ts hereby ulven that. In pursuance of th terms of the ahoe.mentioned mort H5',1t'J1 l1T.-lJt!- ,he trustee has ill1-!!1 5;lK,a,",.by 't nonds Nos 43, T2. 80 and 12(1 to he redeemed on June 1 19J0, at the office of the Wllmlnstnn Trust Companv. Tenth and Market sts Wllmlne Jon, Delaware, at 10S per cent and accrued hiterest, upop presentation nnd surrender of said bonds with all coupons thereto apper talnlnr. due Juns 1 J010. and thereafter WWJI.I.1UII Lrivii.kr. truienns Juno 1st in terest must also be presented. After June 1 1810,. Interest on said bonds shall cease WIIJUtNGTOV TRUST COJIPANf, .. Trustee. Wllmlniton, Delaware. Mav in IBID .TIIB WAtt will be (he means of makinc a , fortune to a business man who can invest from jsooo to J1O00O in a five-million dollar corporation that handles a line so broad that It appeals to every one It Is a roost essential necessity Here la a lifetime -inportunity for a wideawake man One man In IbTana. Cuba, made over it no. 000 (one hun dred thousand dollars) with this same line Ih."Jt,tnt.i,lan CH.1 do even better In Phila delphia. Address th Treasurer frlvinr your past experience, etc The mors particular! you five the mora consideration your reply ,,.. ,v, .. i.ci.i. nrm in connoence .niJ promptly returned Olvs jour telephone pnssioce, tor a, prompt anpointment. Address TREAHUUKR. C 21S, I.EIKiER OFFICE. i at Tans oor the week- Air i lili. -. i Annnal Meetlnn CAMFCIBNIA TKXAH KAIIAVAV rnVKTRIirTinv l1nilnivvrtl Ji S The Annual Meetlnr of the Htorkhnldera A -nf th.li Company will b. held at the offlcS J" the Company In the Commercial Trust ntillti. ,.mJ-p,1IIs,1.'Wll''.,,Pa" on TuMiar. Jone 3. 1910. t 12;30 o'clock n m. ' l?t0, t C W. VKITCK. Secretary Annnal Eleetlnns If . KKAU1NU COJU'AM: Gaaeral OBtcj, Readier Terminal. rmiaatipnia. Jlsv 20 luiei VAtfe Is hsrsby alven th. .!.& . :.. vcsctctleo of stockholdera of Rfadln Company ' t eitct nine Directors will take piacs la ." -,-.. ... ."--vjF w c-miaasi on Tossday, Jtuie S. 1619, t twelve Br oriier of the Board of Directors. -iat v ihhk Hseretsry. SI-NDRIJ (111. STOCKS Illinois 1(1" nhio . . . .ifcu nno I'ralile 1'ipe . . .1011 :io."t Manilanl Oil Calif . . -Jhll 2K.1 Slanilar.l Oil N J .. . .72S 731 Slandmd Oil X I' .. 2R5 20(1 IMIKI'UNDKNT Oil, STOCKS Darnett Oil & Gas . Commonwealth cofden a; lo . I'.IK Ilasin hVclentl Oil . .. Inter Petiol . Houston (111 Midwest Hennlnff Met relrnl . .. Olilo Tuel Rice (111 .. Sequovah Sinclair . . . Island (llenrovk. . BFKCIAI. MEBTINP8 bag A HI'iSClALi ilUKTIMI OK I1IK SE9aT Stockholders of the ISKCOMJ (1R. radelphia, V,. will be held .Mojdar. thi I81K. at Tample Hall, 14. W. cor.' t,,vnd Clrara a vs.. secoml floor, at ( la vcte upw.iMiproposta amsndaunt Tmtitat. ,rr v , i ' Poole Kliff hrriiin' Iiooth Standard Motors Steel Allns ie more favorable for 11 sift lnt ... satisfactory pence ndjustnient than for 1f0(,J,J"'p,l)ui'idii,B some weeks or. indeed, nt any lime Triancle rum since the Germans reached Versailles. J nJl M',nflrr.!!,rl"s 'Plin Ttnd l'riv eriinient in Itussin 1ms Worlds Kllm . - . , n. Wrislil-.Martin CVCr.V I'.llill'll'UI Ol llll.L-lllllll ,OIIUl-,. At home, the gratifying sucees? of the Victory Loan as shown in the official figures of the total subscriptions, .$.",- 2Jit.OOS.:iOO, or an oversubscription of S"ri0.000,000, was a highly influential factor. 1'he improved tone in French nnd Italian exchanges helped sentiment ma terially and tlie director general s de mand for SI. 200,000,000 for the rall- rouds to the close of 1010 disclosed, nt least, that expenditures were made and contemplated which could not but be for the advantage of the roads in the long run. Trading was more orderly in the af ternoon though still in largo volume. While there were, here and there, some recessions from the top, such as United States Steel, prices as a whule were well sustained nnd in certain cases higher. It continued apparent that the shorts were nervous nnd were eager to cover at almost any cost. The third and four Iiiberty Loan issues were strong, nud the others steady to firm. It was t,n nonced that trading in the new Victory notes would begin tomorrow. There were rather easier conditions in money. A considerable inflow of funds from interior centers, particularly those sections benefited by swollen grain and other food prices, was noted, although the movement was regarded ,113 temporary. Some money for nearby dates was to be had at fi-h per cent, fall loans renewed at 4'.- per cent, French exchange was six centimes higher at 0.50 francs to the dollar, and lire tU points at 8.4-1 lire tu the dollar. (Sterling ruled closely around $4.01, nud neutral rates were steauy to strong, tr .10 30 .in 4iis; lnterborough Con. Inter fon pf Internat Agrioul . Internat Ag pf . . Inter Han ne'V . Inter Mer Mar . . Inter Mer M pf . Internat X'ckel . . Intermit Paper . . Inter 1' pf stpd . Jewel Tea Kan City So Kan C R pf Kelly-Spring T . Kennecott Cop . . Keystone T & Jl . Lack Steel Laclede lias . . . Lake K & W pf . Leo Hub & Tire . Lehigh Valley ... .orillard P Co . . Manhattan Kiev ri'i 7I.1 7Pt J"-. OS's OO'n I74' -17' i -17'- '.V j 42' i -H 75' 7I.'4 7-lsii .V)-( ,-.-'-j .-1!) 07 JO'j oi i'Svi (11; (i" G'j C.'i '-'1 l'.i4 2.14 24's .', 27 5G'.. 'lb) 1 , S3 sflt,. j,;;-, if,t ;vi l.iava i:ii'i 1:11.4 17 j 4V5 17) -17-j vjo i'jo'4 ii'.'i'-1-'' ; .'7'i l!h!4 li-ls -Jb-i r.Pj .viii jt ' 70f4 70r4 7ii' , is;, ns'i us' Jlh Wi lit' ' oO'i or.t, oh'. ii'j l'JSh' va v:s j.i.'j ;ii-i .si)' ;j's O.i'i OP 4 !).) 1 Wi 83Jt' 8P4' i .-.4'. .'IS! j '-'X",' 00 1 (Mil .-s Knst III Is I'.'JVi ' (Mil 1! A: (i 4s.. 0.i',i, 11 JU-vStP r I'-js 72 10 Col . South 4'...s 7ll7s :i:S City Paris (Is. .. OS 10 Con (ias cv (is. .104 j,:, , ri Ki ie cv 4s Ser It. ."! i 81 1 l.-.li Inteib Met 4'-js 40", 303-i I 10 Inter M M (Is.. KM ." Inter Agr Tis. .. . S'J-"s 10 K C Pt S&M 4s 70'h 1 Kan City So ."s. S7-'li 1 I.nclm Stl ."s TiO 0". I I.k Sh dib 4s 'I! SO'l, J I.ig & M T 7s..li:! IK Louis i Nash 4s SO 4S.R Lib llond :t'js. .'h'SO do conv 4s . . 700 do 4' is Tut do 1st 4' 4 . 2V2' do -Jd 4',s .. -1 105 do 4th 4',)S. L': I.vons 0s . . . , ' 17 Marseilles 0 .-:: N Vi' & fi (N i do 4s ' X Y N II & IPnS lO.'ll "! 10 N Y Rwy ."s 14'i 01 '-j Ol'i ill -j i model ate supply. Discounts are uom- --VI -'! !I.-,7S Ori'.s 72 72 70vs 7!s 07:' OS 104 101 Til'-j r.l"j :ki 40', 104 104 iuall.v 557 T'i per cent. Prime bank acceptances tire nuiet at tinvlinuget! rates. Call loans on this class of documents stand at 4'; pet- vciitiL ns for a long tune past PHILADELPHIA Call. a per cent; time. o:JiiJj0 per cent: commer cial paper, three to six months, fi'l 5',i. per cent ; six mouths, (! per cent. iVJ-'s -S2-' iti',s ""S .S7:h S7:l, i IK! 0.! I FOREIGN EXCHANGE SOi Ml" i i New Yorh, May 20. The foreign ex 111! 11" (liiinge market opened somewhat irrcg S( SO ulnr, but in tlie muiii was steady. A 00.0(1 00.44 00.00 'fin,, feature was found in French ex-I . 04.74 01.0(1 04.0(1 (.liange at a guiti of ." centimes to 0.4.1 . !)."i.7S 05. 00 0."i.7S'for cables and (1.47 for checks. Italian . O.'i.OO O.'i.SO ll,"i.i)0 i exchange, compared with Saturday's .,0.5.10 0.5.00 05. 10 'opening, showed a decline. Sterling l.i. t) .i.i.tii) u.i.-o hold firm nnd there weie pme advances UNITED STATES GOVERNMENT LIBERTY LOAN BONDS Rats 4 .. 4 .. .. Callable ,. 1932 . ,. 1922 . ,. 1932 . .. 1927 . .. 1932 , .. 1927 . 4, V4 1933 445i 1922 550, $100, $E00 AND $1000 DENOMINATIONS Due . .1947 ..1923 ..1947 ..1942 , ..1947 ..1942 ..1928 ..1938 ..1923 FULL INFORMATION REGARDING TAX FEATURE3 OF LIBERTY LOAN SECURITIES WILL DE FURNISHED UPON REQUEST THE mOMTGuiYJERY & CO. 133 SOUTH 4TH STREET 14 WALL STREET PHILADELPHIA NEW YORK tiKMiiratM ot- tiii: nt.vv tohk ami l'liir.AnrxrniA stock kxcilvnges GOVKHNMENT SCCURITIKS IlErAKTAIENT TELEI'lIONLS. HELL. LOJIIIAUK 4320: KEVSTUNK, MAIN S33I II 0!l-"s 00-'s 100 lip ( no 'i 0!7 SI!, 51 H"i 00-Js 00-'s 100 KV- 51 14-' i 5 Xorf & W cv (is.10'.)-';s 100 100 :I5 5 ' Km sr. MS in . 1:1 107 1". 1(1 1'. 17 1 f lio :V3 in It 0'i II U'i .'l2t 'AV Vi -'111 1 4 a 187 M's ::.:::::.: 8lj Bl RVi 7', .Ml.NIXO hTOt'KS H r.o na in'i .1 nr, 4 8i 50 Jl's ail'' 142 is. 3'i 'Mi C2 ?ii Xat R of M 2d pf. Nev Con Cril T... 17Ji rtiK Lscis llosion ft .vion( us 70 ea Hutlo New York fi i, t Cnn Aritona l' li i Jr. C V S it Jerome .... S it I'lrsl National I'i 2 -i lioliincW Jtcrsrr ... I S B (lolclflelct Cons 17 1s 17 Ooldnclit norence ... 4". fit (iolcln'lri Ksvvanas a tli Uri-n Monster a'; VI llerla .vilnine n'A .1. ft.. Howe Soun.t . . 47s T. r. independents iaa s 30 n .lerome Verde H 'a Jim llutler .17 !1S 37 Jumbo extension 13 ir 14 McKlnlev-Darrauh M (in n. viimrm ropper .1.1 an t Mother ldo 411 44 4J Mines Co of America ... ,-r ' . . Nevada Hills ll Nevada Wonder .... !,, 7.1 Nlolsslna ... JSU 12'i life Ohio Conner ... . . t Ray Hercules v ... 2 2',i i'H' San Tov la 13.. .. Tonnivvr. Kfenslon v', . "H 3. l'nlted Verde 87. 3". ,.' West End Con 2 h 2's 2 White Caps K. Ill Jl) Terlngton 1 7 no.vns Hethlehem 7s '20 ,. 102!, ina J0IS Coaden Oil lis . 02 n.i Cosden Co fis .."2.. l'i .. Cudahy 7s '23 ., , ,,,,.t(i2',4 l7rji ina?i Russian dov KUs ....;.. 47 4 11 411 Russian ov nV4 .,,,... R7H B0 68 sincisir pu as ......... 100 .. 4i 91 22'i Tm'j ' :i'.- 31 .71 5'J.'j 5') 105 1U5 105 8.5 87 h7 8' Manhattan Shirt. 11S.U llS'j 11S' US!; Maxwell .Motors . 45 48' 1 48.', 47' j Maxwell M 1st pf. 75.' 7M4 75,'j 77'j Maxwell M IM pf. 36Jj 39,'s ,1t!' .ihi May Dcpt Stores. 95i OS UG 10 Mexican Petrol ..180?i lSi" 18I.'i 182.f4 Mluinl Copper ... !7! 28'4 .7? 28.'4 MJdvale hteel ... 4!.' 51, 49?i Sl'-j Minn & St L new. 14i 1 1 Mo Knn & Tex . . 0?i 10 Mo Kan & T pf . 20 . . Missouri Pacific . 32f IlU'j 1.11 Missouri Pao pf. tXU 57.T 57!i 57' ai. vciiio .ui-i .,i:i .i'l-j .iu Nat rioak & Suit. 83 83 S2 83 Nat TloaK & S pf.108 108J 108,'i 108,'i Nat I'on & Cable. 'Mi 21.'. 20!j atl'i Nat Kn &-Stamp. 05ii (I7.' G6.' Gfi.'4 Nat Lead 78 78' 78 78J4 IU 10 10 17? 17M 17' New Or T & M.. 3514 30 35H 35!-i N Y Air Brake ..120 124' 121 124 N Y Central ... 81f 82'i 8J 82i N Y Chi & St L. . 31 N Y Dock 33 33' a 31! i ?AU N Y Dock pf ... 55 64,', 54 .5-1', N Y N II & II . .- 32Ji l!.t 32H 33 Nor & Western .111 112 111' 112 Northern Paciflc. 18), 09 98H 0U Nova Soo S & C. 74 7o)i Ohio Cities Gas . 55J 5GJ, Ontario Mining .. 8' 9,'i Olfla Prod & It . . 12J4 I2ii Owens Hot Mao . 56 50,' Paclflo Mall 38K 39 Pac Tel & Tel ... 20! j 27 Pan Am Pt & T. 04JS 95Ji Pan Am,P & T PMI33H Pcnn Railroad .. 4754 48- ,4.74" 48 Pcnn Seaboard S, 37JJ '39,'j 39 3UM l'eople'B Gas Chi. 60 ."i0; 65!4' 56K Pero Marquette . . 23 2l'j 23 23.'., Philadelphia Co . 41J tl'j 41 41 Pietce-Arroiv .... 5i4 r9j 53 58's Pierce Oil 2GJ, 'i! 26'i 2GJ-, pitta Coal - C01J 2, 00j til Pitts & West Va. 38JS 38 37J4 38 Pond Creek Coal. 17H IS 17M 18 Pressed S Car . . . R0H 1 SH 805. Pullman Co 128M 128)4 128 128 Punta A Sugar .. 54)ii 6(l.'-j 60 i-fllj Ky Steel Spring . S0H U1H Ul U1H .100' . S4 . 00 70'... 55V, 03 Vj 1 1 j csi" 1 50 87 8S'S 04 05", K'!)i 50 87 SS 04 Z Nor I'nc 4s.... S3 10 Nor Tac "s 507s 1 Ore Short I, 4s.. 87 J I'cnna ecu 4'.js. SS'ij 11! I'cuua en 4'...s. . . 05 21 lVtina 5s 'OS 05 4 IMr-ree Oil 4s JS Itcuiling 4s .... 'J, Hep lr o: S 5s. 27 StL tS. SF njt w i 40 do iu v i. . . . 1 7 ilo Sor A w t . . 5 do Set' II v i. 1 Sound A L nuj .is .11 .11 vi 100 So I'nc cv 4s.... KUt Xy. 100 So I'nc cv os. . . .100',.. KKSV. 10!) Vi 7 South Kw,v Is... (ISy4 OH'j (iS'j 1 Tcx'ns Co fis. . . .102 102 102 10 Third Avr- ndj 5s JM'j! .".l'j '.UV2 0 I' S Itoalty 5s. . . 77 77 77 20 C S Ititbbor 5s.. S!)4 SO', SO', 1 V S Stool fis. . . . 100 100 100 2S I K of O II & I 10!) 100L. SI 00 70' j 55', 03' (, 77 51 V4 S354 St 00 70 55 03 TT'.. in the noutrnli. ('notations were: I)i'mnml sterling 4.0-1 '1, cables l.G54. l-'rnnc cables 0.45, chocks 0.47. Lire cables S.55. checks 8.57. Swiss cables 5.10, chocks 5.1.'!. (Juildcr cubles :i!)"s, checks :.!). Tesetas cables 20.18, cli'ecUs 20.10. Stockholm cables 25.40, checks 25,20. Christlanin cnblcs 25. !"0, checks 25.10. Coiicnhngen cables 23. CO, checks " jn Itulilc notes vvere nominal nt 11,75 12. BANK CLEARINGS Hank clearlnc todiv tnnm.ireil ,llh mr- respondinc dav Inst two veurs: 1010 UIK int7 Plllla Jl!) 431 1131 -." illil.C'ltl S.'l.ll.l'il Itoston .. .id iiK.vjii 3s.n7.'.--.".r. 27,sin.Ks N Y 417. Olll. 7111 3S4 .11", ,113 4111! 4-'S -M-. St. I.ouis .'IlLnn-.'JI 28 .107,1117 24,320,52.1 Ualllmoro 10,I1S2,10.-, 10,1127.1211 5s new 1010.100 00 100 10 r k of (i 11 & 1 . 5s 1021 . .. 00 0Sv '.10 145 l" K of 0 II cS. I 5'as 1037 ....100 !)0?4 100 LOCAL, LOANS INCREASE The proposed consolidation of fine independent refineries operating in close prox imity to this Company, discussed in our Pamphlet K-8. Copy sent on request. Continental Refining Common Actively traded in on New York Curb Consult your own broker OPN SIP Investment Securities " 43 Exchange Place New York BAR SILVER Commeroinl bur silver wns quoted in New York today ut $1.0iiVi 'in ounce, an advance of 'Jic. In London, the price wns 51d 1111 ounce for both im mediate nnd forward deliver, n gain of V.d. . Ojjf.-.ivl.oatH re, untkia-rcwre, ,5h.,ulMhlVlT: . loi-, " 74,'j 74!j 5554 55", .8), 9 12 1214 68)j 5GJ4 39 39 27 27 944 9454 Reserves and Deposits Lower Than This Week Last Year Tho average condition of members of the 'Philadelphia ('louring House As sociation for the week preceding today is shown 'in the weekly stutoment, with comparisons, as follows: AL.I. MKMRKRH Mav I'll '111 Derrease Loan ,807,3.-V7,H(IO 122.340,1)00 llxc. Clear. House. 21,3i!3,iiuu . "l.n.in.noo Hue from winKs.. nis,iiia,cnni llanK deposits .... i,-i.-,fm,i,iHici Niplsslng Mines Declares Extra New York, Mny 2(1. The Nipissing Minos Compnuy has declared the regu lar quarterly dividend of fi per cent, paynble. July 20, and an extra dividend of 5 per cent, paynble July 21. Pre vious dividend was o per cent, declared March 30 Inst. WE BEG TO ANNOUNCE THE REMOVAL OF OUR OFFICES TO THE GROUND FLOOR OF No. 106 SOUTH FOURTH STREET HARRISON & CO. BANKERS MtolDERS-NKW YOUK AMI I'llILABELI'HIA STOCK EXCHANGES Philadelphia, JIuy 21). 1D1U. 1.', Individ, deposits,.. OOl.niin.OflO Time deposits .... nes. wim f. n. n i. lenal denost tarles .: ', . Cash In vaults' .... Total resvn held., Meserve required.. Excess reserve..... r..3ni,ooo .'i.-i,H7,(ino iii.sti.iinn .'.n.niiL.,non iis.T4n.nnn 2.843.000 l.snn.non 1.874,000 n-j.oon 20U.O0O 1 l.nRn.nnn' 4S7.0IIO l.n.is.noo tR7.uno 1.471,1)00 nay' Cons Con ... 21U 22!, 21J 22 Rending UHi 89 88JJ 89 Rep Iron & .Steel. 88 , 8!5 88)j 89'f Hep I & S pf ...104 104 10.-W 103)1 Roy P Am sharf.ll5' 117Ji I15!i 110'i Roy DNYoMares.lltl 118 116!i 110i St L.-San Kran . . . 22H 23!t 22!i 23)f St I.-San Fran pf. 33 3.1 33 33 Saxon Motor . .. 10U JO.'j 10 10.' i Seaboard Air I. 10 , .-. . ... Seaboard A I. pf. 20)i 21!5 21!j 21H Sears R & Co .208H 208 200)j 200 Hliattuck-Arlz ... 14 15 14)i 15 Sinclair O Ref .. IbH 07 Mil Bfi), Sloas-Sheff & J, 04 H 06" ,041f C4J( Soythi MEMBEHS nESERVE SYSTEjr r.rserve held ... . ISl.ilOt.nnn Jtl. 4.18.000 Excess reserve.,., liiaoOv 1,1211,000 TRUST COMPANIES NOT MEMBERS RE SERVE SYSTEM .. Reserve held ..,. M.nsii.nno (tno.noo Excess reserve 1.480,000 34.'.00u In addition to the deposits above there were tnis weex soi.ani.uiHi sovernment de posits against whlcti no reserve Is Re quired, increase, NEW YORK COFFEE MARKET New Yorlc, May 20, In the opeulug of the hinrket for eoffeo futures today; there wns renevvnl of buying nctlvity, mostly In the distant position. First prices were 0 to 14 points, above Satur day's elose.' Saturday's Today's flose openlnr 8.7.1 ls.sd 18.25 18l) July ..........,, ,.. nepiemDer i......... uhrn pbc iWfimiwi milBffir$Mv&$l j?;J8 L WE OWN AND OFFER 1 Subject to prior sale $2,000,000 ennsylvania Company 4V28 Due June 15, 1921 Principal and Interest Guaranteed by Endorsement by the v PENNSYLVANIA R. R. CO. Tax Free in Pennsylvania We Recommend the Above as ft A High Grade Short-Term Investment Price 97 3-8 and Interest, Yielding About 5 7-8 SALOMON BROS. & HUTZLER Slembers of the New York Stock Exchange. 27 Pine Street. New York 35 Congress Street, Boston Hn'ttunAL ' v. k&mi . . )y"j"" C" . MS.1 'JHS1.BU1 "Tgg T. fcX IJS iieuii V- ti'"w'1 w-wa' i,,v r, ,-? . SH tSa..,VA'V ni ,i
Significant historical Pennsylvania newspapers