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'18
EVENING' PUBLIC 'LEDaER-PfflKADELPIIIA SATTODAY, SEPTEMBER 27, 3.919
K
f U13ERTY BONDS
i - $50, $100, $500, $1000
. BOUGHT SOLD
'S at stock exchange raiciw
K ISAAC STARR, JR. & CO.
109 PENNA. BLDG. fflArfrf
i Member of N. T. A rhlha. Block Kichaar
Lawrence E. Brown & Co.
CERTIFIED PUBLIC ACCOUNTANTS
101S BEAT. K8TATK TKUHT nLDO.
Investigate and ndjoet partnership and
rorporatlnn accounts. Also prepare L. H,
Income Tax Returns.
NEWS "OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK PRICES
TTVAr.ciAT,
'NOXICK TO TIIK HOLD! RS
j OF TUB II PT11 1 Kill 11
I
Of II03.D9
l!IT
u ATt u rnllllV
rl. I- !,.. tttfsn in th hflMm nt
Mho first mortgage 5 per cent gold bond, or
the Bethlehem City Water Oompanv that
tha undersigned trustee narnetl in the niort
.4 -. Jl I J .A M t t A HI in- rtl
icn 01 Fiu tuiiiiiiiiv iibh inn
of
Ufv.flvA hundred (10SOO 00) dollar to b-
npplled o far bi that amount will permit
'to th purehais of !d bonds for treM
.Orient of o.nktnir fund nt ft pric not to
mm. I0i per cent of the par Mit
thereof and interest icrrud to the date
of Ruch purciat and in ficrordMic-p with
JLrtlel V Section I of said mortmne thi
cnderstgnfd hereby cHrs nntir- of it In
tention to eo anply "aid nlxti l. hundred
(IflSOQ 00) dollara and hereby Imttes offer
Ines of aald bond at a pr. not to exceM
10a ter cent of the rar aJus theroi and
accrued Interest from the binda cftrl In
response to this notice the undernlsned
trustee wilt tjurc.hape unch bonds as arp
fjffered at the lowest pr e (not excedlnc
jtb-ft Price abm set forth) to the extent
of said alxty-five himdr-d (14100 0n dollars
All offering! in response t this notice
must be mad to th undrlcncd trustee not
,Utcr than Ortoher IV 191D
E. T. WILBUR rRLST company
Trust
Corner Broadwav and Tourth t IWhlcham,
r?ortbampton o int I,fnn-J !"!
i n m n or
C0MM1SMOM KS of the TOtVNlI!l
of mf.T) MnsinoMi k
COLMJ, V-LWOI A M
ept"n Mr 1-th 1Q
NOTIcn In hereby Riven lo the HnLDrW
tt AWSOTOV TOW NMIir T" 1 1M
r'ROVElirNT BONDS Out Bnsi is No
6, IT 16 10 jo 21 rles B I oan of
It 07. of $1000 ea"h hu- V rn I'nvn for
Tidemptlon and will b rld b the TFN
KINTOWN NATTONA7 TNK of nWn
town, Ta on and aftr Noirmher 1. 1013
on which date 1mpr st will rtne
And that JinvDH " 10 2 e'rle B
.Xoan of 100ft. of $10on ?ur i ha brn
'drawn for rdmption aid v. b pitd Vv
the JENKINTOWN N VTIOXAL. B VNK of
Jenklntown Ta on and after lonntrr 1
-102O on wh ih dat- Interest wltl c-as
B UTtONP MHrFU e re-tar
nTMNsrou tOMP
. TO TTir HOTHFRS th 1 I1TI FN "i V R
n six rrR rrsT noMw isi i n i nru
1 CIORTfiVOK OI" DirrMIIFR SI. 1001
Tou ar her! v notified that thr nnder
Jrned trust ra ln recie cfrir f the
purctnse of bonds from the Stnklne i"und
rovlded for b sill mortBa" up until 12
wt o rlnck Tifinn on th .1st dty of Otober
1010 Offers Fhnuld stat the numb-rn of
the bonds nnd th -.mount for whl h the
same mat b purt.hanet bv the trufe also
ta,te Ihf t nil or nnv portion of sumo will
be sold ft c id farurf
ri TUB SCRAN-TON TRUST COMTVNT.
MO Gpnie nt p rinton Ta
UPWARD SWING RESUMED
WITH INCREASING VIGOR
Steel Group Resumed Active Leadership With Substantial
Advances Striking Confidence of Financial World
New York, Sept 27 The week
closed with n bupynnt market today.
Urgent buying developed in nil part
of thn list nnd many stocks made now
high records with gains ranging from
tuo to oer ten points, while n number
of Bnecinltles sold at the highest prices
touched In recent 3 ears.
Ihii fresh outburst of speculative
cmimsinsm was neither Illogical nor 1111
Commission lmilnem was on the
largest scale of the week, the buying
coming in almost In n flood, and there
was n general display of confidence m
all circles over the market outlook. In
the late forenoon there was .1 usual
neck ending realizing, causing ome re
ccmns from the highest range
All otlier devclopmenta In the finan
cial world were dwarfed Into in'ignill
nnnn(rt ft...-. .. ! 1. t .1 .1 t- i.ifliira fllld WNK 1)V VI 14011 Of Hit' inOCU
the steel strlko situation were regarded I ration of the long threatened Ktecl
as highly favorable. In brief, it was the MrlJte The phenomennl strength of the
consensus of opinion of Wall Street that market throughout the week in face of
the backbone of tho strike had been U"" poralble wldecprend divtiirbmcc hi
broken. , the upheaval in this, the country s pivo
TTnj !.... i . i i tal ludiistn, indii nteil beyond tlie
nl!h Z irttr i&i,n,W7. TP,Wlh'wltwt doubt the Utmost IMifidmro of
Trrll l,r fh. n7iZafZi'TC'f? e powerful iimmlal interests, not
LmernJiT.t . f?f VfW? .plan. ft onlv of tho Mgnnl failure of the walk
V11IW ' o'.n, ,, fu"d the Interest of tlieout ot tI) nori.ere. but also that
nrrenr Sem.'nJ ?hf. ii """"'"B "n , normal condition-, m that induslrj
hnfh iJnd h0Uld "" "P forlwould be soon restored
both accounls. , , onfi(1(.n(,Pi n, mnttor nt fftc,( ,vn,
Ihe steel stocks not only continued written rather laigely neross the face
tho central points of interest, but also I of tin market the entlro wck Ccrtnln
proied to be. the fulcrum of the market amount of restraint was npplicd against
lever,
I mted Stales Steel wn naturallv
watched with acute interest and the
pronounced strength ot this faorlte
was a signal for renewed bullish aggies-
sheuess nil around the room On henw
undue sperulatue cntlniiisim, but all
signs indicate in me close 01 me weru
the quiet withdrawal of Ihese bai
rlers, leaving nothing in the way for a
broad and active market next week.
The outstinding feature of the week
im.i.n,. ih. r,-i. r. ,. o .i.i . win .,.Jnnd which spoke olumos was thn re-
highest of the week, and n net gain of marknble Mrong terhmcal position of
'12 points The greatest pain how i "'" ,".k!t , r," t.l'm" "bserjers this
,.ver was m tnirlble Steel, wh.ch lose '" " Ii"rt of n revelation It
10'1. points to -ill a new high record h"l hnv.eur iinportnnt A all street
LSfetnk? on'onUa'; af ,nt $M? M ATt
... ... .1,1. .. ...1 r I. .t u... ....... -.v..- ............ ....-u.-t.
iiiuiiim lik wii ui Liii-iitffb uuui , iiki nib rpi
up oer i points At tho hame tune
vli STEVENS OIL AND GAS CO.
tJj PITTSBURGH, PA.
NOTICE
- TO ALL NOTE-HOLDERS OF
., IJECOUD
T cuartjrlr mttrcet coupon on Ftrrens
Oil & Oaa Co 3 year 7t Converiibln Oolrt
.Uotw ! du October 1 11)19 and rajahin
t Excharea National lUnk lluskoiwi
Oklahoma. ,
J 3Ji SHIELDS Tre.a
B.Tt.TTlb.r IK imp
Dividends
. EAST COAST FISHERIES CO.
i Wall Street. w "Vnrk. "Septemher 2J, 1010
6 DIVIDEND NO 7
r Tho Board of Directors of The Knst Coast
nhtrl Company his declared the reeular
quarterly dividend of 19. on tho Treferred
Stock, payable October 1. 1010, to atock-
.holdera of record September 21th. 1010
j MAHK M "ipiANTreaaurer
CONSUMERS' ELECTRIC LIGHT
AND POWER COMPANY
V Tho reKUlar cuirterU dlvldnd of one nnd
three quarters per cent. (I".) on the Pre.
ferjed Btock of the f ompiny has been d
dared payable September 10. 1010 to atoek-
holders of rrcord September 0, 1010 The
SSTdranafer booka for the Preferred etock will
jJJ-S-fJSn at.th closs ot hunlnees Heptember
Hepublic Iron nnd Steel ndvnncfd .'!
points and Lackawnnnn Steel I! points
Other striking movements included
Mexican Pitroleum, which ndvnnced ."
points to 'Jlfl1 . nnd Texas Comp.inv
of .T points to L7"i Ohio Pities Has
was unusually nUne, moving up over
points to ft" (Jtueral Motors again
There is nolliing to denotp anv gnat
existing amount It was proved oon
clubiielj, nevertheless, that stocks were
in much sti miger hands than thty have
been for n long time The co called
public ipnnmith has plentj of funds
and Is likely to rush in nnd follow n
opportnniti Industrial shares still haic
the first call This is not difficult to
explain On account of the scnrcity of
materials thioughout the world the In
r
NEW YORK STOCK SALES
a. i.. rreloui
100 Adamsnx. 39JJ
39
91
Hlch
39
03W
2
47'i
on
00
in
115'i'
fill) J
Tedsy n
Txiw eloe
. 31V
72' j
11K
40
37"f
73
llfi
41'
400 Adinurn
00 AJaxnub
100 Ainu Tim
5000 AlllsChal" 45Jf
200 AlChalpf. 05J
nf22 AmAgCh.. 05' (
2500 AmUeetS 01U
30 AmBosch, 1H
2fl700Amrftn . CJTj
iouu AmC&r . 132H 113
-'UO AmCotOll. 50'. 57
,n22 AmDrSjn U 11
noo Amiiii, ..a.-. :.n
00 Amll&Lpf 125'i 120
00 Amlcn ... 4S IS
ui00 AmlntCor PS'i 1014
1000 AmLlnseed J0 S05
WJUO AmLoco 107'4 108',
"uu AmShlp
1500 AmSmolt
100 AmSnuff
TO00 AmStll
6S0O A.mSliirU H7V. 13T
2100 AmSuniT OO'i l"75i
1700 AmTiT OS 100
"iOOO AmTob JOl'l 2H7
1000 AmWoolenllO'i ll'i
200 AmWpf 10V. 100'j
100 AtnWI'p' 6(1 m
700 AmZLfiS 21 ST.
100 AmZl.snf ,.S hO
1200 Anncfop 6S 4 fA's
'J00 AssoDi? 6ji, 51't
100 Atsoo'l Ol'i IM's
0)0 AtT&SI SS", Vl'i
iOCl Al&sKpf SO'i Vl'i
200 Mil oisll. OTi 0"
500 AOAWTSSlnO 10.1
100 IJ&O pf 1PT to.
14200 Baldroco lii'5 1.17
100 Barretti o ? 120i
000 BiltiO . ,TI SO'i
100 llatoMin P m
100 Heth.Stl TOJ-j lOOJ-j
C141V) BetltlB , 08 105
3Sl4
39
VI
2
47't
00
to
02.
116'
WH
3S':
30
2
40
00
P.Vi
02U
115
ns'
132)4 lolh
57 J"
10J. 11 ,
35H 35'i
25'4 120
48 48
09 101 U
80
107' i
30U
SOS
ltlSi
30' k
73
110
ll'ii
ilk', I
no' t
130
40;
13H
Oli
00' 4 100
2021 2'li
111)' .
io.
6' I
21
)
07" i
5." 4
M'
VI' j
80
II
llil"i
4'isi
1
119'
l(i'
'I
J4
Ii0
i
51.
"fi
R'l'j
SO ,
!"
101H
l!l4
ntiv
. rrevlons Today'a
Sales dors lllah I)w cloao
i 3S00 UnrrultC 1S8U 105H 188!f 105
13100 UnnetS...1004 110U 108'4 110
.1100 UnPoodPr 87 bS't 80i hS
2000 USIndAl 139 HO'i 130 130
'.'700 USS&1U1 71H 72lt 71J 72
200 I'HU&I . 43J4 43f 43'f 43'i
G00C1 USHub ..116J4 I10U 115. 110
2000 nubberrts 13)4 ll'S 134 13J4
200 Unnylpf.. 23 24 23)4 24
82700 USStcel 104'5 100'J 104'j 10054
600 USStlpf 113J4 114 114 114
1200 UtahCop . 82 S2i h2tt K2'i
300 Va-CCliem 70 80 70'4 SO
4800 WestC&M. 65 60 o4i 65'i
100 Wrnrne.. 21 21 21 21
100 WUnlonT Mii S4H 81'.' S-IU
240O Wh&W3.. 10f 17. 17 17
200 WALCpl . 27 27Ji 27 2'4
2100 Whlte-M 0J GJJi C2)f 0'.
200 Wll&C"o fvt'i 8.1 S3'i f354
6800 Wllljs-O 3.1 31 33'j 31
100 WoolKW 125 121)3 12iW 124j
JUO Wotthl'. hiU tji fc2'i b3)i
itork, 710 too eharce. compared with
1111, mo ehsrea esterdi thua far this
week fi is-, 7IHI pharea hatno period last
elt "i li"i 0O pharep
REACTIONS
FOLLOW
uii". i.'0'i
GAINS ON THE CURB
.0'
1
90',
W
100 netS8pf ll.Wi ll.i'a ll-'
17'i
21
10i
07':
GS
mado a new high record, odinmiug 4
points to 2hH'i Studebnker followed' d,lstrinl concerns, c in lnrdh help doing
with a gain of nearly .1 points to 11'IT, .. ,ci0rfi l,mkmE business, nnd in con-
inencin International athuueed
points lo 101Rs.
ing
I sequence, in spite of
I pmhts must be lurge
hbor demands,
ksSom
j6i. '
I J
ana will be reopenud on October 1
A r IIVV jn Treaaurer
September .'3 1010
" Superior Steel Corporation
At th regular m?tt!nff of tho Directors nf
'-the Buperlor Steel Corporation a quartrh
divldemd of !! was declare J on the Second
Preferred Stock, pajabls 0Tember 15, 1010,
r-to itockholders of record November 1 1D10
H D SAIiac ecretarr
-g DIIDFM NOTICP
TUB wnuM CKMP sons nip A
EM1INK UlILDING lO.
September J', mio
Th Board of Directors has this day de
clared a quarterly dividend of 1M. nai
m.hn October IS. 1010. to Rtnrkhni t..
record at 8 P M on October 1 101ft The
transfer books of tho Comrn uiti i.d
closed for the purpoM of this dMdend from
tr, ii utiuuur ot, unui iu j. u OctQbpr
ie. loto
LiiAULi ax ami iiu Treasurer
AT A JIKETIhO OK Till ItniKU OI" DI
reetora of T1IF TOMirui MlMNfl
COMVAVT P NKAD, he 1 this day a
dividend of rifteen Per C'nt (11,) was de
elared payable on October 21, 1010, to atock
holderp of record on the bioka of this coti.
jany at 8 o clock p m September SO. inio
The atock transfer hooka wll cloee at a
o'clock p m September 30 1010 and oben
at 10 o'clock a m October 8 loift
C A HinilRH --..
Philadelphia Pa Sept 21 lQip "
Ii
.IK
5K-EKAI MOTORS COKPOHiTION
, The Board of Directors of denernl Molnr
Corporation has declared a diudend of 1 mi
. tharo oa tha preferred atock, a dlvldnd
of $1.B0 a ehare on the debenture atock and
a dividend of S3 00 n share on the common
, stock of the corporation, payable on -Notem.
ber 1. 1910, to atockholdera of r cord at tha
...... e l..i.ln.B. nlnl. T l.ln Wt lU0
XJ' M L PRLNSKY
September 25 lnid
DECEMBER AND MAY
LEAD SALES IN CORN
Demand Improves on Fears of
Oversold Market Oats
Are Firmer
orain BFTr vtf THun ronrrAiT
( hleaco, Pept 2T Ullnole Partl
rlnudv tonlaht and Sunday cooler Punda
Missouri Moth , lou Iv an I unsettled to
nlffht and Sund i tooler Isonsln Min
nesota and Norh Dakota Pair tonlg-ht
and Surda pooler Sunday, prnbabl frost
onl;ht Iowa Partly cloudv and un
settled tonlftht and unday cooler South
TlaKota and Nebraska ( loudv tonlsht and
Simdaj probablv ehOTiers west cooler
Kansas Cloudy nnd unsettled lonlplit and
Pnndiy cooler Montana and W-jomlni;
P-obabl Hhowers tonlffht and Bundns
Clitcaco, Sept 7 A further im
provement in foreicn eichnnje and
fears ot m oversolil market led to
better demand for December nnd Maj
torn rnrlv tins mornin;: but Spptem
her lnRRod Offcrincs of the distant po
sitions were limited
Weather conditions were perfect for
curing the new- crop, whicn, with in
ireased tenders from the couutij, made
bujers cautious nfter the start, as the
crop is expected to moio at an unuMi
allj early date.
The receipts here todav were 113
cars.
September opened 'c lower, at
SI 4.1 'A, but later recoered the loss.
December started at $1.23 to $1.231.
against $1 23 nt the end yesterda , and
mocd up to Jfl.J-t'i. May openeu
nt SI 21 to S1.21H. acainst 1 20
at the end yesterday, and advanced to
SI 22i4.
Oats wcro firmer on small buying bv
rommisbion houses and by a leading
elevator interest. Offerings were light.
The receipts hero today were 111
cars
September started He lughir. at
tTTHc. December opened at iW-gC to
fSO'iC, against (10c at the cud yestei
dav, and later sold at U99sC Maj
opened at 71 Vtc to 71Tsc. against 71rsc,
yesterday s last price, and later sold
at 72c.
The receipts of whent here todav w ere
232 cars, against 14d cars last vear; at
Minneapolis 400 cars, ugainst WlO cars;
at Duluth o7 cars, against 820 cars,
and at Winnipeg Gil cars, against 734
cars.
man
20 Am Strs 31!
50 Am Clas. Wi
(Jom Tr
wnr 1st
pref .130
20 tC C Sug 31)',
750 Kl Stor. 11U.
let'll Cen Asp l'J.'iij
Ml') do pref 1S7
1241 l.k S Cor 20'4
J5 tMidinle. ."lr's
113 O Eisen'r (10
02 I'd It It. -li'i
5 I'n .Salt bt
200 I'll iU Co
(iini pf. ."Vj
r.'o riiii i:iec ir,
JSl I' II T tc 2(!j
" tKeading SO
40Tiiu liel. 3
lld'i Ton Mm 3
100 tTet .! TiO's
J.U.I I U lj l. . . 111.
a Stocks
Net
I.ow Close (hse
.'Hi 3U f J.
.ril'i C1'4 t'l
130 130 ..
307s 3!l N
1101... ni lj
U" 12,-)i:.-rS',
174 lf7 12
lVi 20 '6 -f- r,K
riiss r.ivsiis
(10 (50
u'i -i.tH-f- U
81 bl . .
25' j 25
211 20 '-
M) 80 i,
1C
2li' j
12U
."iOs
til
50's-t- 7s
4Vi4- J(.
1DCN .1 1 0.1.1. mji, lil'tK, 2
020 U S Stl.lOlilOl 10Blh2i8
Totl riU' 040(5 shares compared with
11 4a eharta seaterdaj thla iveek, 01.T3J
shares list week l"i 722 shares
Net chance made bj comparison with last
sale on New York Stock Exchange
&ales In
J 1000
2 i:ice cl Pro
Tr 4s ... OS
7 1'hili Klcc
1st fis . . 03
1 P It &. W
13 ll(',j
MIND
HlBh 1 ow
Treaa.
m.
RQni of the United Cas Iniprovetnent Co
N. Wi Corner Hroad and Arch Streets '
Philadelphia, September 10 loin
Tha plrectnri have thla day declared' a
quarterly dividend of two. per rent, (il.no
per bare), payable October in, 1010, to
r, atockholdern of record at the close of bus!.
r . C,t SO 1010 CKlri. mill t.- J T "i
" T w MnriRTs"Tr;:.,.",.V"1'
Special Meeting!
5&:tKS5'OTICE IS HFJtFll GUTS THAT
"Klt at a Special Meeting of the Stock-
holders of the IIAKK Or caMjrnilCE? held
.n the lflth day of September lino n.
r le-rwhtch 2602 aharea of the 3000 shares out
.."tandlng were preaent. either In person or
by proxy, and otlng. a resolution authorlz
ln7 and directing- the Directors and Offlcero
. of tha Dank to convert the Bank of Com
j, . irco Into a National Bank and to make
2,1 the certificate reaulred therefor by the tans
V of tha United Statti waa unanimously
' sused. JOHN P. KOLD.
Cashier
fc w-ci.i OTlCB IS HEKEUY UlKX THAT
RSt at a Special Meeting of the Stock,
holder! of tha provera and Merchants Hank,
bald on th Slat day of Auguat 1010. at
" itandln'r wr preeent. either In person or
inr and dlrectlne tba Directors and Offlrere
if tha Bank to convert the Drovers and
fi...sTt Bank Into a National Dank, and
t biuki the cartincata reaulred therefor by
A IS. laws of tha United Statu, was uaanl.
BOUSly "" ERNEST: R. PATTON.
Caahler.
r,s
93
97ii
Close
(IS
93
07U
Xet
cha-
Total sales 10 000 compare wllh J27
000 ,slerduv thin .lr 11 T Jnn rw ,
veek. J110 000
NEW YORK COFFEE MARKET
New York, Sept. 27 The coffee
market was quiet at the start today,
with n few lots of March and May
changing hands. Call prices were uu
thanned to 2 points advance
Ilight nfter the call there were mIcs
of n few lots ot December nt 14 1)2 and
1190, otherwise the market was with
out interest of nn kind
It was belieed in sorao nuarters that
there were substantial buwng orders
here just under the market, wlndi
seemed to check an aggtessne selling
and about the onl offerings seemed to
lomo trom tired longs
Open High Ixjw Close close
. . . . lr, 34 lr. 40
10 00 lr. ss
. 14 111 1 ' OH
II S5 14 14 78 14 70 14 UO
14 711 14 no
. , 14 78 14 8R
14 ?3 14 HO 14 78 14 78 14 S8
NEW YORK BANK STATEMENT
Heavy Decrease In Loans and De
posits Excess Reserve Restored
Uho lc-ene position of the New 'iork
Cleaiing House institutions was grcatlv
btrengthem ' this week 'I ho dUtoit
of S"3,lSli 140, reportid a wiek ago
in the surplus reserve, was nprcome
bv a gain in excess reserve of $71,(1051,
020, making n surplus aboie Ugal re
nmrements of $18,422.8(50 'I here wns
a contraction in loans and disiounts of
Mi.jriH.uiHi, while uemand depoits fell
off $s'!,17' 000
AVERAQB
Incrtfl se
loans . 3 321 011 Ooo JlOl.oso oou I
Net aemai a uep T4 i u wmi uimi
et lime ueposlts
Clrc ulatlm
i ash In vaults
Reaero In mem
ber hanks .
Reserve In atate
banks and trust
compunlev
Reserve in state
banks and trust
companj deposl
torles
AgKregate reserve
llpsene required.
Excess reserve
tU s deposlta
Decrease,
200 BethMot
."i00 Boot hi"
000 UrkrtipT
200 UrTiltn
1(10 nrownSpf
100 Hufff.ScfH
1 0 BmnsBrosl
7 KID RiittiCALZ 1 lh
1100 Huuo&sup 27M
100 Butterlck 30
L'On rnnl'ao 150
40H I'arico&rt. 31'i
200 CnlPack 0l't
31. CilPetrol Til'
100 r-ill'et pf SO
2"00 CcnLea 100'i
100 Cri tl'i II
jsni cue rcop vu
WW t'han"!ot 2SS
,r00 Chl&Vwrn 8)T,
100 ThlCltW
loo rhiCJWpf
400 CM&StP
too cMftsPpt
3400 ChlHIiP 27'i
100 CHIPS i. 02'
1(1(1 C'niP7"0p. Ti7
100 CMPneuT 77
100 ChlleCop "!.'(
000 rhlnot'op. 42
S00 rol&n . G2'a
1 UK) CnnCandj 12
"0Q ConCandrt "i
J00 Con'-oK'lK 00' i
101) t'onf'lBPf 79?
,")00 ConK' il . lfl'i
MIOO CornPR R7'i
GJOO CrucStlCo 20Jlj 217
10200 CubiCS .. .19U 40
200 CubiCSpf S2't S3'i
000 l'tn&IUlpf 10'i I6I3
800 KlkHCC . 30 ,!7Js
000 UndlJpt lOJ'j 101
OOO Krie .. . lo 15".
100 Krlc lstpf 21', 25'j
030 FamP L
200 I'edJIln
200 KisliHC
ion rishnpf
400 riakHub
Xl l n-Tjiir 1 1 ti, ...
400 GcnlJlCo lfl' 107
7100 GenMotC.254 oS's
S00 GenMCrteb , SI)
4'mi Goodnr so a
2S
17' s
20' 1
11.
'I7
iO
120
lU
27.
30
1M
Jl'i
b9't
oil.
S1H
lOl'i
41
f7
200
00
lO'i
20' 1
41'i
0!
2S
62' 1
1 1
7si .
Il'i
42'
fii
12't
'
02
0
lll'j
Si'i
207' 3
30' i
r2't
10W
37
101'.
IV,
2oh
IO2V3 lOVi 102
Ii'i It 11
HI 1!0 lJ-
107 107',
lli'a 4fii
40 ISh
20
l-,
20't
11).
07.
70
1.11
It
28
30
151
31''
Wi
52.
81'i
101,
41
IV,
20") .
00
10',
20!
42"!
Olli
2S1.
C2'j
7.
78j
2J,
42'i
03' a
12'.
'.
t.3
SO
171,
SS
107','
0U
40U
100
25"
SS'f
80'
100 GoodUFpf lOt.'i 104S 104
1100 UtN'Orocf
200
too
1100
100
400
P0J
r,S)o
1600
40
(0
OJ
CI'.
(JulfSbtl
HS.I3Car
InsConC
.IntConC ,
InConCpf
IntilarCol29
IntMerM.. SG'i
17
40U
01
L3
GO' j
6' j
17
1J2
58
45"i
00' j
G2'
GO
.V,
17
ICO
57'
IntMMpf. 117', 118'i 117.'
11)00 IntNlckel. 25' i
2500 IntPaper. . GO'i
200 JonesBT. 37J,
1900 KelljST.. 140'i
JOO KenneCop. J4J
2100 ICojsTlre.. Gl'j
000 LackStl.. 81'.'
300 Letlt&T. . J li,
100 LehVal . 47JJ
.500 LlsS.MTob247
500 LorllPTob 23(1
100 ManElGtd GUf
11200 MaOIot.. 4Gi
100 MaxMlstp, 70
1200 MaM2dpf 37
2V.
25';
01i
30
1118,'
35U
64't'
85U
31 4
48
245s 240
235 230
03
48'
77
38'
00'
'17'
131' j
3'i
or,
M
?4
48
d'l
47'.
'Is
t,700 MePet . 2101J 2)0ij 217'.
202 101 nnn
15 ojj 0011
UU 4(10 OOO
145,201 OO11
U 1VI Oil)
411 1)00
370 OOO
644,704 000 OI 870.000
10 977 00(1
Sentember
Octob. i
oiemi er
iJuremb r
Junuarv
i euruaiy
.March
April .
May .
June .
Jul)
August ..
iiia
1 7rt i sr.
14 SS 14 M 14 70 14.75 14 S3
., 14 74 14 83
14 73 14 75 14 7i 14 8il
. .. . . 14 70 14 b!J
II 2S1 Olio
507 no. Olio
552 '13(1 -IO
II 371 441 1 1
350,000
HI 1.1 OOU
18 r.jiO'lii
42 7S3 410
deducted J413 702 out)
XCTI AI.
16 207 474 000 31 188 000
514 S01 000 CO 101 000
Annnal Meetlnga
,,- T11E ANNUAL AmKTlNO or THE
USES' stockholders i of 'TIIK MUTUAL TO.
orEBATIVB liniLBIM. AbhOt I T10.V
irtll be. held Monday evening, October 6.
l3l9. at 1418 Locuit at.. Philadelphia EleS:
tlon of offlcero for onaulng jear. action to
bo taken on propoied change section 1, Ar
tlola II. of lfy-Lw!. and iiich other buel.
is." "Sw WrtSraL as .Tued lB mMt-
juatrji huet,
Secretary.
in.
PropoaaU
r
BKALEO fKOrOSAM Wll L BB Br
celved at tha oftlco of tha orflcer In Charge
of Cooatmctlon. Prankford Araenal. PMla
delphU Pa., on or before p. m October
fib, 11. nd then openea. for the oon
truetlon of tiro (2) concrete cblmrey foun
jitlona in connection vrlUi tba new Power
Plan nd peelnVyitlon may be secured
from tha omr in v-nerie oi vjonatructton.
A cartlfled eheok to tha amount of fit
nor cent ot tha bid must accompany tba
arueitl), ehaek to l "'' " i orderpf
th. Treaaurer of tba United States. Tha
'! . -tMm -k-11 ...M.I.I. ..J
guiMMaaaru) oioaer biibm .u ,,,.,. .u.iciDrv
Cnd In tha amount of approximately arty
JiV rent of thai contract prlea.
'IWOPOSALS FOR OVERCOATS . OFFICE
at the Quartermaster Oenaral of the
Arany TClothln A, Egulpaea Dlvlalon) Mual-
8om BulUIn. Vaahlncton. D. a . Sealed
S2i I. In triplicate, vrlll b reeved at
aM omco until 11.00 it. m., October 17,
v" UU for fumUhlng ell or any part of
rBXIi'min rmh Ovarcoati. Proposal
MONEY-LENDING RATES
PHILADELPHIA Call, 54 6 per
cent; time, 594 U per cent; commer
cial paper, three to six months, 014
53, per cent, and six months, 0 per
ceui
LONDON Money Is quotyl nt 34
per cent. Discount lates, Fhort bills
3 7-108ij per cent : three month bills
3 0-103H per tent.
FOREIGN EXCHANGE
New York, Sept. 27. The foreign
excliango market opened quiet. Quota
tions were higher and, for the first time,
franc cablo were quoted up to 7 9&.
Checks were quoted at 8 to the dollar,
compared with 0.25 in August, the ex
treme low record.
General quotations were:
Demand sterling 4,27. tables 4.2S;
Urn cables 0 0D, checks 9.67; Swiss
cables 0.50, checks 5.52; guilder cables
38. checks a8: pesetas cables 10.45,
checks li).3fj ; Stockholm cables 24 95,
checks 24.80; Christlania cables 23.05,
checks 23.50 : Copenhagen: cables 22.15.
checks 22; Belgian cables 8.23 checks
8.25; marks 4.40, nominal; Austrian
kroner 1.65.
The market remained steady, no
changes of importanca taking place.
T.atn ouotatlons were: Demand ster
ling- 4.23. cables 4.20; franc cables 8,
Loans
Net demand de
Posits t4 127.505 000 S3 172 000
Net time deposits -03 0-0 oou 4 h20 ooo
Circulation II Rr 2 ooo oi oon
Cash In vaults 00 141 Olio 000 oou
iteperie in mem
ber banks
Itesfrve In elatM
tanks and trust
mnpams 11003 000 Oul 000 I -
llnservi 111 state I
banWs anJ truit I '
(ompany deposi
tories Affcredate reservii
Reserve required
hxcess reserve
tUnltfd States deposlla deducted 1307
740 000
Decrease
200 MtnmlCop 20
6400 JlltlS&O 50J5
100 M&s,tLKR
500 MoKanAVT. 13
2)00 MoPae . .. 5.8
100 JlonPower GG'
3000 NatAo.Cn Sola
100 NatA&Cpf SOJn
100 NatC&C 15
300 NatC&bult 7S
700 NatC&S.. 77JJ
1800 NatLeadC 82
400 NoConC . 17
)00 NOrT&M.. 47
1500 NYAB 124
700 NYCen... 735 j
700 NYDock 58
2200 NYNH&H. 313i
100 NYOS.W . 20
500 Nor&W. . 08H
700 NrnPac .. SG'i
300 NtvtaSSiC 78
14800 OhloCQ . 52rJ
lb00 OlilaP&H. 9JJ
400 OntSMln . 7,
4400 PanAP&T117
20
B"!.
-li
51
04
12'2
LS
tli' j
50',
h
11.
:
11 '02 000
'07 300 000
548 SHI l'-(l
IS 4-'J M6II
L'l Dim
(11 U1S 0(10
111 Mil OIHI
71 OUU 1120
OUT.SIDE DATttC STATEMENT
iTAifi UAr.iva
checks
0.07 j
1.C5,
8.02; liro cables 0.05,
marks 4.45; Austrian
checks
kroner
bank
l.oans
(.old
Currency
notes
DeposltE Federal
iveserva iianK 01
New TorU
rieposlta
Reservii on deposit
Percentas;a of re
serve .
tCSI 753 300
T U04 boo
28 258 000
35 041 000
705 012 000
110 8.8.400
Decrease
12 tUO 1110
115 800
143 500 '
11 210 100
10 GUI SO0
12 JTI1 U0O
100
100
800
000
.100
.100
11700
100
500
1000
100
4300
1400
100
1000
1200
1000
CO!,'
37'.
12,'.
40
lj
C2?i
10 5
TOUST COMPANIES
....I2.17S 085,100
1 0
T.nana . .
Gold . . . 10,702 100
Currency bank
notes -i,ju9. luo
Deposits, Federal
Keaerve Hank of
Ivew York 221 000 000
Deposits 2 278,184 900
ueserve on deposit auu ion 4uu
Percentage of re
aerie 17 1 8
STATE HANKS AND T1HTHT COMPANIES
nvi jiE.iurtivu in ci,u iii,u HUIJSH
til 411 800
7.600
238 100
13,702 800
74 751 00
1.7, 0U1 300
Loar
Qold . .
Currency bank
notaa
Deposits, Federal
Reserve Tlank of
New York . .
Total deposits .
Net deposits .
Reserve on deposit
Percentage ot re
serve Increase
1787 638 200
7,411,400
13,443 800
GO 200
17 573 100 140 80(5
0 702 000
850.110 200
778 838,100
ISO 384.700
10 7
0.211.000
20,723 500
7,402,800
15,078,300
.0
BANK CLEARINGS
Bank clearlncs today compared with cor
respondinc day laat two yeara:
101Q 1A1B 1H1T
Phil. ...78 189.581 181 41)1.098 J5S.0M 108
Boston ,. 40,451.013 45,310,119 42.6t,030
PacG&i:
PacMail
PRR. .
PennSS
PereM...
PhllaCo
PlerceAM
P-Arrovv pllfti
PlerceOC. HI'
PlttCofP . Cl'i
Fltt&WVu 33)i
PondCC . 281,
PressedSG 03
PubSNJ . 80
PuntaAS 08"f
200 PuntS rts
400 HajConC.
ItayhtlSp.
Reading .
14 uu IlCllllJP. . , I
3900 IlepIS.3. . 917,
10000 RDCo.NY.101
100 fatJost.ead 14U
200 StL&SanK
100 btLSw pf .
100 Sav.AO
900 SaxonMot
200 SeabAI, .
100 SeaALpf..
100 SearsItCo 200
100 ShatArUC. U
"8503 SlnclalCon 605
900 SlossSS&I. 63H
G800 boPaclflo.
100 SoRwy
Ot
13
28' i
GG5,
C2
S9JJ
10
S3
77U
S45J
17
40
125J
74
C8i
32!,
8G5.
78
55
10H
V.i
118H
07
37!,'
43
4115
19
3-r,
C5
105
21J,
04'
33
181
04J,
81
09;
3'
23
uu;,
80U
79
1'5
101!,'
llh
10
20
80
18f
OH
818
iOl
13H
COS
65
1UUH ll'-l 1UU',
25 so
JU
23)1
08J.
79J
18
20
80
18
9'f
18
S2
lti'i
4b
124' J
73'
8'
31'j
20
)
hb't
7S
52',
9'.
7.',
117'j
t.7
37J,
42',
40' 5
lS'j
34)j
(t
105
21'.
04
of
27',
'24
SI
6S1,
1
99
79'
7S
02
101',
14'.
lh'.
9
SO
18',
)',
18
201
IT j
59',
G4
30
1".
lOO'a
104.
113'
20V
17",
20h
11'.
97',
70
129
It
27',
30
151
DUi
G9'i
52 ,
81' i
101's
41
,W,
29".
00
10' t
2f'j
.12'
fi.ll
28
G2'5
78h'
23
42'
(U.
12''
'
to
It.'.
f-8,
215
39'
MJ,
10H
371.
101
iv;
25),
1021,
It
Ui
107'i
4CH
481-j
107
257
vSJa
SI
101',
45s,"
(il
US
GO',
5'5
17
1..1
57',
118
25',
Gl
39
141
IV i
02
86'
3J',
48
240
231
0)
48
77
384
21S3,
2G
52),
91
12M
28',
GOM
51'
89'
10
8)
77,
S4
lb''
40
124.'i
74
58'
Neio York Bonds
Adams Express 4s
looo mt
Am Smelt & n 5s
1000 85
5000 85
25000 85
34000 '85
Am Tel & Tel Ss
4000 80
2000 80
0000 . .. 80),
2000 85
Am Tet &. T Co s
100O 1001
1000.
2000..
3000 .
2000..
7000 .
2000..
..100!(
..100),
.. 100
..100),
..100
.100
Atn Tel & Tel clt
2000. . .. P2'i
1000.. .. 82'
2000 82
1000 82
6000 82
Am Writ Paper 7s
2000. 8S
Anglo-French 6s
11000 . 07'.
mono.. . 07M
16000 07J,
Trade in Largo Volume, but Re
sults in Irregular Price
Changes
ASPHALT SHARES ACTIVE
New Yoili. Sept. 27. The trading on
the liro id Street Curb, while in InrRe
loltimc, resulted in irregular changes,
with some new high records again mode
at the stirt, but with reactions before
the first hour ended. ,
General ABphalt was the chief feature,
telling as high as 122 and, after re
acting (n 117, rose to 12l1i. Ihe pre
ferred stock wns traded m nt In lo
IS!
Shell Tiansport was nlso strong, sell
ing nt 71ss, with n reaction to 737i,
nfter which .ujothci upward movement
occurred
One ot the strong features was United
Pictures, whn.li rose from 20 to 21)4,
a new high record New Tinted States
steamship was ttnded in nt ! to 4'8,
showing il fractional lo-ss
Tropical Oil ranged from 21 to 20Vi.
Chandler Motors sold on n fairlv largo
scale nt 0(5 to !7 Submaiinc Ijoat
was quiet with Bales nt 153l to lo',2.
Indian I'm king latigcd fiom 20i to
-O 'J.
100300
1000
3000..
3000.
400CO
1000.
20000
1000
GO00
2000
A T & s r
1000 ....
7000 . .
1000 ...
10000
07
. 075,
8"
'I7"
97' ,
. 07;
97S
. 075,
cvt 4s
. 78!
. 7"-,
. 78' i
rs)
1MHSTRIM S
Jill
11
, 10
Aptna Hxplolies
Am safety Uiror ...
Alllvd Pack
Am r Ornish Mrs
Amer Marconi
Amer Iv rltlnc Paper .
Air Reduction ....
I nnullin Car Co .
tan Car & Pill
carbon teei
( nrwen Tool
l oca Cola . .
i halnurs Motors
Chandler . ..
l olo t,raph
Chevrolet Motoni
l ramp A. Sons . .
curtlss Aeroplane . ..
rmerson 1'nonourapn
t.enornl Asphalt . .
Hall signal
Hevden Chemical
Hupp Motors
Inter Motors
Jntir Products
Inllan J'ack
Inter Rubber
lik Torpedoboat
J ehii,h toil tales ,
1 It I v MrN S. I.ibbv
Madigon Tire
N 1 Shlpbulldlnir
North Amor Puper Pulp
OtlM 1 lev itor . ..
Otis blcoi
Pnerlci Molor
Perfectlrin T i R
Philip Morris
Press Tire
Pool. En;
Procter & Oamble pfl
ReUil Candy
Savold N 1
Savold Ohio
Scrlpps Ruoth . .
Shi 11 Trim
Stjndard Motors
Steel Ulovs
Sweets
subnurliio
slft Int
1 ol arco Produ ts
Told Shlpbuilllnff
Trlantlo 1 Iini
I'nlted Motors
I nlud 1 rotlt Sharlnc
1' S Steamship
I nlte I Pli tures
jmdlum .
Ivaudau
Willis ( orp
World rilm
rltht Martin Air
1 e close
Ank (hale)
in
11'
5
II
HV.
i. i
1 I
. 57
1 i
Oil
112
I
40'
. 0'i
41'i
2111
111 I
11
II
lay,
ii
82
. 4'i
'--.'
on
-0
71
55
41,
UO
. IU
44
1
IP,
c,
14
I) It,
-0
71
11
IV,
451,
T".
137
".
4S
. 2',
1'
2(1
40s,
11
14
ro
-,
lull
1-0
I
40',
10)
41
(IU
-0(1
IS
l.'ii
8 '4
it'
oo
40
:r,!,
"I'i
07
LS
71
67
4.
IIS
17
47
l'
12Va
K
50
Km
1
21
20
50
71',
0
H
1 I'i
Id
47',
III
142
1
104
If,
13000 78',
At ch Tran S V 4s
10000 . 771,
Halt i. Ohio ct
2000 70
Hil .0 tol 4s
1000 5814
Hilt & Ohio 6s
30U0 90
2000 'Ifi'f
1000 . ..90
Cent ot Oa Rwy 6s
5000 80',
Cent raclflc 1st
2000 753,
Cent Par Ily 4s
1000 753,
Cen Pao II It Zt
3000 82' i
Chi & O W 4s
2000 6731
2000 67)i
Choa & Ohio ov iV,
1000 78
1000 7G1,
Ches & Ohio cv is
5000 84',
C11L. rtptpSdexct
: '00 .. .. S7'
Chllo Copper Bs
2000 87Ji
Chile Copper Ss
2000 87J,'
Chi B & Q Km
:,ooo 80'j
2000 79
3000 79
2090 7 I
CM B & Quincy 3V4
1000...... 75
Chi B & Q 4a
2000 9.V
Chi MiblP 4s
3000 09) J
1000 GOJs
5005 95
5000. . 95',
Chi JI St P cm 4)4
3000 70
C M & St P cv 4H
1000 74'j
2000 71'
10000 IVi
1000 .. 74
C M & St P OT Bs
1000 75
C SI &. St P Ba
2000... . 078S
Chi M . P S Ivy 4s
1000 . ... Gl
1000 .... GP'i
Chi Gvt IIu K ItSs
3000.. .. 5b1 j
Chi rtvvys Bs
3000 72' j
1C0 .... 72)i
Clil Hock 13 Pao fd
4ll'J
is
.0
i
5
fis.
G8
mi
09
Go.','
09
09',
09',
I 4s
02
20
99
Mili
7Sh
li
0','
11SH
07
37' ,
12'.
41)5
1SW
313,
w
lOi
21'.
0-1).
o.l
27,
')2'4
81
C93,
3
22',
99
80
ici'i
II',
lOl'i
14h
19
29
SO
1SH
0'
18
201
13'5
GO
05
If 2
25
"o i
I28
81),'
17
75 74
ii' ii
0
115
.
174 174
2S
STVMIARl) fill, STOCKS
Illinois . . 171 178
Ohio . . . 805 170
I'ralrle Pipe -80 281
IO UI . -00 -01
S O N J . . . OSli 1181
S CI N 1 . . . 40B 410
IMrt?ri.MJENT on, STOCKS
Allen Oil 1 2'
Ronton M50 Oil .71
Hruros Oil . ... -0
Conden U 1.0 . im
1,1k ISnsIn .. S
Inter Petrol 1 .. . 34',
Island Oil & T .... 7"I
(.lenrock Oil . 4,
Houston Oil . .101
Home OH 10
Merrltt Oil .1
Met Petrol .. H
Midwest Oil . . 172
Ohio Fuel ... 21
Omar OH i. Oas (n) . . 11
Hdpulpa Refining . . . 7
Seo,uoah . .. N
Sinclair llulf .. r.0'4
houthweat Oil . ... 22
Tropical Oil , jt
t nlon Oil . 3H
I'nlted Oil Del 1',
MIMNf. hTOCIvS
Alaska II C 51 , . 1
Ills Ie!eo . t
llutte New -Vork ;
Iloston Mont . 77
I 1' H & Jerome ',
on Ariz . . Hi
First National 1".
1 ortuna l oim Jn
l.olddeld Cons Is
(loldOelil Florence ... .52
Uoldneld Kewanaa 4a
Oreen Monster ....
Hecla Mlnlpff . . 5
Ilowe Sound ,. .4'
Independence I ead 2
Jerome Verde . . ,
lllll ftutlei .. 21
lumho l.xtenston . . u
MiirNamara Urea .
McKlnloj Darraab ... .Ill
wtuima 1. opper ..... 1 1
Mother Ijole ... 51
Mines Co of America
National Tin . . .
Nlplsslna .
Rav Herculea
Han Toy , .
Tonopah Kxtecision . .
United Verde , ,
West End Con . ,
Whlta Caps . .
078
400
ano. SoPRSuk. 205 222 207
300 StewVar..l27Jf 1281, 127",
GS0O Stromberr 78)4 82 78',
Ron StrCarrta. 15 17) 17',
icsin HtudCorn. 117M HOJi 117'i 110
tkllOO StUtrMof. 113! 115 114 H5
000 EtutzMrts. 4)i 5 434 4),
400 SupSC... 41 41H 39' i 41H
300 TennC&C. 13 13 12t, 13
JflOO TexasCo..87J 275 272)i S74
2300 TexasPac. 60 MJi 50'J Cl)j
B." 100 ThlrdAie, 18X JO 19 jo
1100 TobProd..l02 102J, 101), 102
4100 TransOIl..-5! 6 65J. 66J(
. 1100 Tran&wa.,60 C0JI 00 6011
400 UnAlloyS. 60 t Hit 81 X 62tt
600 UnPa,w423 122H 122 liK
100 Uni'aopr. mg ,, w oj?s
-i'i
J0
1.
511
20
54
"
27
IU
08
4N
,000
1000
2000
3000
1000
7000
2000
15000
Chi & West
3000
City of Mars U Ct
6000 99'
10U0O 99;,
C of Jf Y 4 'j ot 60
1000. . 97,5
1000 97)5
City of Paris 6s
1000 97
6000 . . . 073 a
Colo Ind Bs
1000 ... 70
Col 4 South 4Hs
1000 79'
Pom Can Bs 1921
1000 08;,
Dom ot Can Bs '31
1000 95
1000 06),
5000 95
Den & Itlo Gr fd
2000X38533 58
Den It (3 4a
G5
05
04'
04'
04)J
C Co fd
78M
78'i
10
5'i
o
J'a
42
li
7I
Hi'
in
10
41
1H
16
IIOND8
( oaden OH 6s
Cosden & Co 6s
Russian (iov't
Russian Gov t
OH a
100
lot
. 30
37
104
101
411
30
114
17
37
DIVIDENDS DECLARED
Chace Cotton Mills Corporation quarterly
o per rem payapie ucioper to ctoclt 01
rerord Heptember 21.
United Alloy Steel. Quarterly It payable
OctoberlSO to stock ot record October 10.
Superior Bteel Corporation, quarterly 12
on first preferred, pavable November 15 to
atock ot recorq isovemper 1,
Refined Sugar Market Unaltered
New York, Sept. 27. The refined
sugar market Is unaltered with local
refiners, as a rule, refraining from ac
cepting new business and prices are at
lie, less z per cent ror cash lor line
granulated. Raws also art unchanged
at 7.28c for 00 degree centrifugals. The
United States nugar equalization board
made no purcnae, or ras Tcsterday,
3000
5000 . . .
1000...
3000 .
3000 ..
Del & Hud
1000 ..
6000...
Srle cen lien
5000 19'i
1000.. .. 40',
Erie. It R cv B
2000 41
111 Central EVis
1000 .... 9r','
200CO 5S
Hud . Man Hit fd
Int Bap Tian fd
1000
1000
7000
67'i
5&JJ
1000 . 67
Int Met ct 44 a
10000 27
1000 2G'.
2000 67
Imp J O 2d Ss
1000 67)f
10000 .. 01U
1G00O DIM
Knn C & Tac 4s
1000 .... 61
Lehigh Val 4Ms
4000 83)a
LlRgett &. Myers 7s
1000 100H
LSM&SItn 4s of 31
1000 84!
6000. -84'
LorUlnrd Co 7s
1000 109Jf
Long Island un 4s
6000 , . 07",
5000 . 09
L & N It H & s n
Mono 4 s
1000. .. MH
4000 .. . 01'
Manhattan Kiev 6s
11000 07
Mon Power Bs
3000 1 871 i
Mo Kan & T II R 4s
10000 0",
Mo K & T 4 Us
5000 30
Mo Paclflo Ben Is
1000 67'f
lOfX) 67
6000 . .. 5S
2000 5S
Northern Pao 4
4000 78
New Or T & M Bs
7000 . . 6R
0000 f8
4000 ... 63
N Y Telephone 4Hs
10000 80),
2000 87
N Y Telephone 6s
1000 99'
2000.. . 09) j
N Y C H K R CV 4s
1000 80
1000 SO
2000 SO
N'VCHRRIIli
1000 95),
1000 05H
6000 95"i
Norf & West ov 6
1000 . . 101''J
Morris Hs RR3',
5000... . 72
Northern Paclflo 3s
5000 57
North Paclflo 4s
1000 7S
6000. . 7S'
6000 ... . 7S
Nrn State P Co Bs
1000 8l'i
Pac Gas & 1 Bs
CuOO 83
Pierce Oil 6s 1924
1000 104'i
4000 104-,
Penna en 4VaS
U000 02
Penna 4s ot '21
2000 90
6000 9G
Penna R R Bs
2000 01:
1000 OUf
Peo &. East RR In
1000 85
Pera Marquette Bb
4000 27
R I Ark &. L 4Ma
9000 136
5000 Glh
St L Iron & M 4s
2000 77'S
St L & S V adi
3000 03
7000 61
St li cS. S Fr Em Bs
1000. . . 92.' i
61000 923
St U & 3 F ino
10900 51
24000 51
1000 50'i
St hft S P tsser A
4000 67.',
3000 57''
St L Swn 1st 4s
1000 0")',
10000 05
So Pao fd
6000 7f,''
2000 77',
5000 77)a
4000 77)a
4000 77',
5000 77 H
So Pao 4s
1000...,-. 70,
1000 71
G000 ... 71
So Pac'fla cv 4s
1000 f2'j
11000 82'j
1000 82s,
So Pao cvt Bs
10000 101.'
South Rail 4s
1000 Va
8000... . OJ
Third Ave adj
6000 30
8000 30
Thfld Ave 4s
6000 49s
2000 50
1000 4 '5
5000 494
10000 100
Unlcn PaclCo or
1000 S4J
4000 8U
Dnton Paclflo 4a
G000 S4.'Ji
V K of Q B 4 1 31
2000 983 j
U K of O B i
6Us 1937
3000 07),
Un R R of San Fr
2000 31
3000. 315;
U S Rubber Bt
1000 87
G000 88!i
19000 - 80'i
1000 87
U S Rubber 7s
1000 101
D S Steti Bs
5000 e0l4
Western Paclflo 1st
1000 823
West Shore R It (a
1000 73)
Wilson & Co 1st
6000 07
3000 933i
ASPHALTS MAKE ANOTHER '
EXCITING SKYWARD TRIP
s
Both Common and Preferred Break Into New High Ground.
Advance $36.50 and $52, Respectively, for the Week
Another spectacular advance. In the
General Asphalt shares overshadowed
all other considerations In todaj's local
mnrket. Tho demonstration furnished a
fitting climax to the week'R remarkable
P erformance in theso shares.
The renewed urgent demnnd for both
Issues, which developed Immediately
after the opening, was more surprising
in view of tho relative neglect of both
stocks in yesterday's trading. The sup
ply of stock was once more found to
be alarmingly scant. There wns the
usual result, n rapid elevation of the
common to 125 or nn overnight gain
of 58.2o. while thn preferred was jam
med up $12 to 187. Both prices were
tha highest of the week nnd on record.
It represented nn astonishing advance
of $8(1 50 a share in the common for the
eel nnd $32 for the preferred
Measured by the violence of the ad
vance the dealings wero ompnratlvcly
light, n little over fiOO shares of the
common changing bonds, while the turn
over In the preferred wns less than 300
shares.
Tor the first time it likewise had n
helpful effect upon the general lis. Th
were each a shade belter There wa
smait rally in Lake Superior Corpora
tion in the stcond hour to 201,.
Xo better exemplification of the ex
hllirating Influence of "mister" in
whetting th speculative appetite could
be furnished than In the week's sensa
tional bullish cninpnlgu iu tho (icncrnl
Asphnlt shares. If the rank nnd file
nro buying promiscuously, nnd there
nre reasons for believing that they nre,
it Is n genuine easo of a mental bet.
Up to this time no one has yet been
nble to present n satisfactory explana
tion for the phenomennl rise in these
slinrcs. All sort of rumors nnd theories
have nccomp.mied the almost uninter
rupted nscent. IP to the present notli
ing of nn authentic character has come
to surface that would Katlsfactortly ex
plain the insatiable speculative appetite
manifested. Technical reasons have fur
nished pnrtinl clues, yet tluse arc racrelv
all guesswork. In the meantime both
the common and preferred keep climb
ing to ilizrv heights. In truth, to prices
never dreamed of by home of the most
inthusinstic ndinlrets of the propertv.
All flint can be done is iul to keen on
guessing. So fnr it has been n safe
(nnn r ihn entlro mnrlrnl , na rln11.irll. I uln v Tlinro. lllllVPVCr. nOVOC WnH D.
improved and the trading In the other I tree, tin matter how rapid Its growth,
local stocks was n bit moro nnimnted.
Electric btorage went back to jester
dav's beat price of lll'j. Philadelphia
Klectric nnd' United Oas Improvement
Hint ever reached heaven, Judging by
some of the extravagant prices belug
predicted for these stocks there is no
limitations to the current skjwnrd trip.
$400,020
158 230
101 2(11
244,711
857,171
780.100
RAILROAD EARNINGS
DBUMVAnrc & ItUDION
1010 Increase
August gross .... ,3 300 810
Balance after taxes . din 11 t
Net operating" Income ni OO'
Elcht months sross 22,518 10R
Balance after taxes 1 000 212
rset opeTatlnjr Income 1,548 814
PKN'NSYI.VANI V. LINKS WHST
Auirust Kross . . .J10 217 574 J381 118
Balance after taxca 1 750 027 250 020
Net operating income 1 00 444 47,132
right months gross OS 182 Oil 10 111 447
Balance after taxes 4 244 f21 3 518 410
?set operating1 Income o 438,715
BOSTON' AND MAINE
ugust crOBa J 748 201
Balance nfter taxea 1,417,032
Net operating Income 1 344,822
night months gross 41 310 .108
Balanco after taxes 2 414 012
Net op rating Income 2 217,211
WnSTERN MARTI, IND
August RTOSS . . I,.H 4B1
Balance after taxes 170 112
Net operating income 171 31 1
Right months gross 0 340 881
Delicti after taxen 130 121
Net operatinc deficit 04 870
4 521,422
$807 170
984 701
1 082 581
012 202
1,051041
247,270
$120 121
120, ISO
131202
207.22H
17 101
103 118
State Bank Call Issued
Ilarrisburg, Sept. 27. The stnto
Hanking Department has issued a call
for statements of state banks, trust
companies, national banks doing a fiilu
riaty business, savings institutions and
licensed private bnnkeis as of Septem
ber 23.
GOVERNMENT BONDS
Panama coupon 2; lMnr-
Panama reglHered 2a 1030
Panama coupon "' 103?
Panama resiatered 2a 1038
Panama coupon as 1001
Panama r'rlster'd 3s, 1081
Philippine 4s 1034, .. .
Philippine 4s 1011 . ...
rhlllnplno 4s 1010 . .
tl R Oov coupon 2s 1030
11 S Oov registered 2n 1030.
It S Ocv coupon 4s 1021
It - Gov registered 4, 102 i
Dla of Columbia 2 03s, 1021
Bl'l AelC
09'-,
00'i
. flff'i
OH'i
88
, KS
. 02
..02
02
10O
..100
..100'i
100'i
. 07
ol
PI
P0
06
lOOltj
106.
106"i
1KIU Al1 KKTISKMrSTB
tr3SF ESTAT.r.
s lie
OF ANNIE C. KI.TJMP.
..a,! Letters testamentary on
the abova estalo having" t een gr-iiucii 10 ine
undersigned all persona Indebted to tha eald
estate are requestd to make pavment, and
those having clalma to prfeent the same.
without delay, lo
CLARENCE D KL1JMP Excr .
1210 IV. Glrard nva.
Or to his attorneys
CLINTON A BOtreHS
900 Stephen Olrard Illog . or
COLDER & FEIJKR..
O07 Finance Bide ,
.---- KSTATB OF MAK WRIOIIT.
lTlf ceased Letters testamentar
IMS-
upon
the estate of-Mary IVrlght decfased haling;
heen granted to Pldelty Trust Company, all
persona Indebted to tha said estate are re
ouestod to mike pavmenr, nnd those having
claims aaalntt the same to present them
Without ueiav nt him uuiv" u. ..." "' ,--"'
pan" Nos 325 311 I heitnut st . Philadelphia.
W M i uuti, rtejiorni.
rani
1812
1919
THE
Pennsylvania Company
For Insurances on Lives and Granting Annuities
TRUST AND SAFE DEPOSIT COMPANY
Broad Street Office, En Chestnut Street,
Chestnut and Juniper Streets. Philadelphia.
At the close of business September 23, 1919.
RESOURCES
Cash on Hand and in Bank $4,800,168.37
Loans Upon Collateral ,. . 23.650,208.20
In estment Securities "' Mr!
Commercial Paper Purchased 20,000.00
Reserve Fund for the Protection of "Cash
Balances in Trust Accounts" 4,649,167.81
RealEstate 932S2
Interest Accrued I'SZoriS
Expenses and Taxes Paid in Advance 68,778.92
Miscellaneous Assets 37,286.31
$39,488,312.70
LIABILITIES
Capital Stock $2,000,000.00
Suiplus Fund 5,000,000.00
Undivided Profits . 313,145.14
Reserve Against Depreciation of Securities.. 650,000 00
' Deposits 29,884,343.64
Interest Payable 98,027.51
Bills Payable and Loans and Commercial Paper
Rediscounted Federal Reserve Bank 1,500,000.00
Miscellaneous Liabilities 42,796.41
$39,488,312.70
TRUST DEPARTMENT
c. s.
Tiust Funds
Coiporate Trusts
W. PACKARD,
President.
.$249,772,005.11
. 309,472,240 90
R. CARPENTER, JR.,
Treasurer.
, i i MmmMunwMMXima
fll.40
iiri.no
94.11
00.40
9140
00.90
00.92
AND ASKED
Today Yeiterday
Bid Ask Bid Ask
S6' 7' 381, 37
80 80V 11 80
llll 187' 111 140
.15 58 51 68
BT TUla 07 7014
50), 50 10H
170 160 170
IU 1UU 111b
127 UO), 117
190 173 17.1
20) 10S 191
08 87 07),
48'J 4 7 ',4 48
17 14 IT
28 28 28
25V, .
.15', 31)i S4H
11 28 31
31! 811, 34 1
43 4S'i 48 4 114 H
20 281 20 2'J I
70'i 80l7D'i 7bC 1
S 8,), 8 3f, I
37 U 88V,' 87 SSVi I
s, au asu a ia
10t 104K 104 s a
8)4 41)4 8V,
mv w BflBBflsaal
rl, , ., High I.o f'iOBe
Lib Honds .18 .100.011 100 02 100.00
Lib llonds 1st 4s ll.V-'O 1),1.2() US 20
LID lionds 2d 4s. 1)1.44 1)4 112
Lib llonds 1st l'is 9.1. fiO 0." 30
Lib Boud-i 2d 4Vis !U.r,2 94.30
Ijib Honds 3d 4i,s 98.52 l)U 10
Lib Honds 4th 4i',B 94.48 01.32
Victory Notes 3s 00.DS 110.90
Victoiy Notes 4'1si)0.04 09.00
Bonds $8 713 000 compared with $11.47.1..
000 jesterday. thus far this week $78 488,-
ww Mbuio pcriou jasi week, ill), 7U0 000
LOCAL BID
Am bhip 4 Com
American Stores
Baldwin
Brill J O
Buffalo tc sua
Buffalo & Hus Tiref 50
Cramp to 150
Ulectrlo Storage , 11014
Cleneral Asphalt ,.123
Gen Asphalt pref . 1R8
Lake Huperlor Corp 20
Lehigh Navigation . 07
Lehigh Valley ... 48
Lehlsli Vallev Tr . 14
Lehigh lal Tr pref 20
Phlla Elertrlo , , 234
Phlla Co .. 34V4
Phlla Co f, p c of 28
Phlla Co 6 p c pf
Pennsylvania
P K T t o .
Reading . , ,,
Tonopah Belmont
Tonopah Mining" . i
Union Traction . .,
nor
u B Btesl . ...... loan
Tork Rwy H
torn avr prei ,.,
To the Bondholders of
CORPUS CHRIST1
RAILWAY and LIGHT CO.
A RECEIVER of all the property of the Corpus
Christi Railway and Light Company having been
appointed by the United States District Court, sitting
at Houston, Texas, the undersigned have, at the re
quest of the holders of a large amount of the com
pany's Bon,ds, consented to act as a committee for the
protection of the Interests of all Bondholders who
shall become parties to an agreement, dated August
26th. 1919.
Bondholders are requested "to denosit their Bonds with
the FIDELITY TRUST COMPANY, 325 Chestnut
Street, Philadelphia, the Committee's Depositary,
which will issue Certificates of Deposit
As tho Company has defaulted in the payment of In
terest on its obligation due July 1, 1919, in tho judg
ment of tho Committee concerted fiction on the part
of the Bondholders is essential to their proper protec
tion, to which end the Committee request the deposit
of Bonds as soon as possible.
The Deposit Agreement has been deposited with the
FIDELITY TRUST COMPANY, 325 Chestnut Street,
Philadelphia.
Dated September 18, 1919.
JOHN GRIBBEL, Chairman
LOUIS J. KOLB
J. C. NEFF
JOHN J. HENDEnSON
JOHN S. BOWKER
Bondholders' Committee
JOSEPH A. HENDERSON, ) ,
1410 Chestnut Street, Philadelphia J -secretary
JOHN P. CONNELLY,
152G Land Title Building, Philadelphia J Counsel
FIDELITY TRUST COMPANY ..
325 Chestnut Street, Philadelphia J Depositary i
353EBt
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