wqpfiWW fc ( "ViUS 'a4 .r -A: .:' i v1 " Vkw ' "2 si' -' y.. ;- ST EVENING- PUJ3L10 LEDGER PHILADELPHIA, FRIDAY,, OCTOBER 3, 1910 'iVBPVS OF TOE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK PRICES, ,F I Mif1 '.5r rf-, g. I Wn li it & R&wi 1,. KSK 4 lr l Ji. (U Oil Company Iteports following, wells In (Dally rroductlon) Initial rroductlon about .1,000 libit. Aug, 12lli welt la " i.SOO " An-; ilth " " " .- " Oi Interact) Sept. th " " 8.0OO " (H Interest) Sept. 11th 3.300 " (H interest) 1 Seven well now drilling. Dividend payable on CI "A" Stock at' rate of 18 per ?-. Stock paid for before October 8th will recelre 1 monthly "T'" dfnil parable October 18th lrull detail! on request Farson,Son&Co. Jlembera New York Slock Exchange 11B Broadway, New York Fairman & Co. Drexel Bldg., PhiU. Established 1002 1 2 n- -115 SasS? 78 Securities For Your October Funds The 78 securities on our Oc tober list have been care fully gathered from among the world's best investment offerings. To the property values, earnings, and sound financial records back of each of these securities is added our recommendation. At Price to Yield About 3.49 to 7.65 , Offering Sheet on .'rijucst or nvsss TheNationaitity Company rorresponrfcnJ Offices In 51 Citl' PaiUdelpbii 1421 Ckeilnut St. AtUntic City Chg.fonle Block 1225 Boardwilk Gssresr - Labor Conditions And Your Investments When leading industries are disturbed by unsettled labor conditions, many in vestors seek channels for investment where their principal and income will be least aneciea rjy iauui o demands. Vc arc offering an abso lute First Mortgage Bond, yielding 5.56 , of a large company where produc tion is not subject to the Violent fluctuations due to labor difficulties. rVrtfe for detcriptive circular. ' Hemphill, Noyes & Co. Members Nio York B'ock Exchange Franklin Bk. Bldg., Philadelphia New Tork Boston Scranton Send for detail of A Cumulative 7 Preferred Stock To Yield 7.29 The business which this company operates was established over 100 years a to. Its products are well known and popular and It has nt the present time .Vet Quick Assets totaUnc over 300 of this Issue. Investors who desire a seasoned Investment with a substanUal yield to meet the requirement of present high Hying costs shoyfrt send for our circular and inveutigate this irsue. GEORGE H. BURR & CO. 421 Cbeitnut Street Philadelphia clSOl Feoplee Bank Ilulldlnr PITTSBURGH Main OfBeet 120 nroadway NEW TORE MARKET UNSETTLED WITH ERR A TIC PRICE MO VEMENT Illness of President Regarded Unfortunate at This Time, When Many Vital Factors Arc Developing New York. Oft. 3. Today's mnrkct was unsettled and price movements high ly erratic IninnrtHnt Wnll street Inter ests outwardly professed little nervous nc, eonremin," disturbing reports tell a dribbling of such selling nt the open ins. Demilto Its uneven surface nn pearame the list ns a whole continued to display the same surprising degree of lesllleucj, and as hcrtoforc the leapt ing of the President's serious condition. ! resistance was encountered on the Hood NEW YORK STOCK EXCHANGE TRANSACTION! The churning of the market was as much due to the familiar week-end evening up of the professional contingent as it was to apprehension .oncernlng tho President's condition. That Is, to say, the market, mtieh the same as yester day, was governed solclj by internal rather than outside conditions. The Illness of the President was gen erally regarded as unfortunate, coming when so many vital fartors are develop ing. It so happens on the eve of the loug-nwnlted Industrial conference call ed at Washington for October 0 to 10 to adjust differences on general labot situation, nnd especially with regard to the railroads. So it might be (.aid that tho Illness of the President could not be regarded ns an Important market fac- tide' rather than the ebb. Shares of the more popular Issues were freely offered at the opening. Cru cible Steel was ngain the weak feature, losing six points. Declines in allied frteel issues ranged from one to two points. Oils, motors, tobaccos and thippings jlelded ns fnuch. Itecoveries in such leaders as United States Steel, equipments nnd Mexican Petroleum re rulted in n general rally before the end of the first half hour. The rebound carried n number of lenders 1 to 3 points over je'lerday's final quotations, but this seemed to serve as a foundation for fresh selling, nil gnlns soon being cancelled. Profes sional pressure was most marked In xpeculatire shares, such ns oils, motors, tor nt this time. In that the mnrknl I hh. ..j'. .,.- ' .' " !.'" " .Ammt.nt,.. .. . .. .. -- -------- ..lu.'wn mm tnuua'i. wiirn rnu-nons n i-umuiumv u- wii.ir uuuu.ti-u man tended from 1: to Of course, if "the sickness of the country's executive should develop still further serious complications there would likely bf a great deal of unset tlenient. The superstructure of the market because of the long unchecked campaign of tho various pools nnd Cliques is not m sufficient strength withstand anv great shock. On tho contrary, technicality is highly vulner able to accidents Free realising was iu evidence nil through the list nnd it was thp weight of these sales thnt wns responsible for the sinking spells nt the different peri ods. Actual llsuidntion wns again con spicuously absent, although there was nnlnts IYpnntlntr i ruciDie. tne steel .(iares and equip ments offered belter resistance to the reactionary movement which became general in the second hour. een the more representntive Issues showing lit tle support. The icnctionary movement npparent- to thin norlnt tUn ...1,An ii., .1 --.., ,.. ,.. ..,.. ,llv ,,j,- ,,L ufYciuppu in creasing recuperative powers. The re covery later was accelerated bv n twelye.point jump in American Tobac co, loiiowing the announcement of the new tobacco comblnntloti. Kallles in other quarters of the list extended one to three points, motors nnd equipments being especial j responsive to support ing orders nud cowring operations. NEW YORK BOND SALES ou........ , . ... .u.,,uai transactions on (he New York Stock Exchange. Am AB ch dob Bs 1000. . . 97'n I0W) 101 Am Car & Fdy In 10000 SS'l Am Smelt ft It tn 10000 85t i Am Tel & Tel Bs 1000 SB B00O S6 7000 SS'k 10000 Srt Am Tel & T Co 6s 4000 3000- 1000... 4000... 7000 . . . L000... 2000. ..101,'f .101V( ..101;; .,101'i' ..101 . .101 ..lOHi Anglo-French 5s 4000 97J 1000 97 5 16000 07Ji MOP 07 0 40000 97 . L000 97 5 3000 97i 2000 97.' i Armour & Co 4Hs 2000 S37; Atl Coast Line clt ICO 7Pi 1000 714 11000 71Ti ,r00 .. ..72 Atl C L 1st con Is 2000 . . . 79H ,VT1S F cvt 4o I00j 7S3i Chi nock Is Pao fd , 6S'i CMi G9 GS'i fiS'i GS US' tvr, OS 6S4 R!) GS',' 68I5 6a :)7 lOfKl . 5000.. 2000.. looro.. 1000.. 7000.. 6000.. tioooo.. 2000.. 1000.. mo.. 10000 . . 1000.. 100(0.. 5000.. City of Paris 1000 Mo Paclflo gen 4 s 3000 58tj 000 575; 1000 r,Mi 1000 as!i ,.1000 5S?i iN C& HH 3W 2000 70 fOOO 70M N Y C4HR n 4s 2000 81 n v c h it n n 6s .1000 7S!i 2000 70 f.000 70 S0OO 79 A T & 3 Fe .ldj 1000 72 Argentine Kcp Bs 200O 7GJt 2000 7GW Bait & Ohio cv "The Oldest Curb House" ., Allied Oil Tho present posi tion in this stock is about the most inter esting situation in the entire oil list. Complete circular on request. C.,W. Pope & Co. 25 Broad St. New York 5H HSgpaasi Investors read :Bic "?Vyi Street Jffflmal VviiniBflt4-n ian 1000 701, 5000 70U 6000 71 O000 70f 1000 71 4000 71 6000 71 6000 71 6000 71 4000 71M .W00 71 1000 74'$ 2000 71U 2U00 7U4' 1000 71H 1000 71H' Ba.lt & Ohio 34s 1000 8fl.'- 10000 S54 1000 SO 4000 t-6!i Bait & Ohio 6s 5000 70X 6000 G9i Bait & Ohio s 5000 95 6000 06 Beth S Corp 1st .000 96W Braden C M Co 63 10000 95 Brklyn It T 5s 1000 52 1000...... 52 Brklyn IiTIi 1000 72 2G000 72 9000 72H 1000 72U JCC&Stlill 1000 695 j 3000 65 Cen Leather B 2000 9,H Cent Paclflo 1st 1000 76H Ches & Ohio cv 4Vi 5000 7SH 61)00 78i 6000 7S.'t 1000 79 Ches & Ohio cv 6a 10000 84H 3000 80S ChlJt Alton RIt 3H 1000 33i 2000 33 1000 33H 4000 33 W Chi B & Q 4s 160uO 95UB 10000 95'i 3000 055i 1000 95J, 6000 MU 20000 95K 1000 05Ji Chile Copper 6s 3000 87H 2000 88W 1000 SSH 100CO 07,'f 3000 07) Consul Gas ov 5000 99Tin Cof.VY. 4 Us of 64 4000 OS Del & Hud C Co fd 0000 S1'4 Den & It G 4s 1000 6G 2000 60 Detroit Tunnel 44s 5000 77 Dom Can 6s 1921 5000 9S 6000 984 Dom ot Canada '26 1000 U5 3000 95 1000 05 1000 95 Dom of Can Bs '31 3000 95'i Erie 43 1000 01 7000 CO.'i Erla sen lien 2000 49 2000.. . . 19 Erie It It cv B 2000 43,'f Erie It R cv D 2000 4.V, 2000 4G Gen Electric 5s 1000 87,' Hud & Man mt fd 1000 50' j 4000 50 2000 65.' 4' 1000O 50 Hud & M nrt Co lii 5000 lo'i 10000 15 III Central 5 14 a 1000...... 115.' j 2000 06 200 95'4 1000 05Jj 111 Cen C St L & X O .It Bonds 5s 2000 SS 1000 SSH 1000 8S! Imp Jap Govt 4s 1000 70 Ind 111 & I 4s 10000 0 Imp Jap Govt 2d 10000 82S4 2000 82't 4000 82t G000 S2'i i 6000 82,'i ' Inter Agr Corp 6s 1000 834" Int Met ct 4&s 2000 30'j 75000 30 5000 30' 5000 304 5000 305 SOOO 3t'j 35000 Zl'-i 91000 31 10000 M'i 11000 31 Int Rap Tran fd 95W 95' a 95.' ( 955i 36 '4' Ea 1000 2000.... 3000.... 2000.... N V Rail 1000 N Y Rwy 5000 10U N V State Rys 4H 2000 56 N Y Telephone 6s 10000... 55! t N Y Telephone Gs 3000 !)0t, 1000 99'a 1000 99'4 N Y W & B 4L,g 3000 II New Or T & M Ea 2000 55W Northern Paclflo 3 6000 57li 1000 56t' 1000 57W Northern Paclflo 4s 4000.... 7SU iJS"or,th Pacific 63 ouuu.. 76 frn .State P Co Es 3000 FoH N Y N H S. H 6s 1000 76'-s Pcnna 4'2Sof'21 1000 97'j Penna gen 4 Ha iuuu St L & Srn R R 6s 1000 1000 . ... 1000 1000 1000 So PncMa fd 2000 4000 2000 1000 .... So Pacific 4 s 3000 3000 So Paclflo cv 6000 10000. I So Pac cxt 6s ouuu 10000 60QU 70000 SOOO 25000 5000 100C0 10000 18000 I'.-iOOO 7UCX.0 10000 3000 South Rail 1000 mi 591,' 58",' 68' , 5S 78?,' 79 . 79' i 70!i 71 4s 82" i 82" i 105K .105 .lOVf .105 .105 .100 .105.', .105"i .105", .1055. .106 .106 .105'4 .10554- 4s C3.'4' 1000 S8U 2000 -,-. 8834 Chile Copper 7b 17000 115H 3000 116 Chi & Gt West 4 2000 bV.i Chi West I R R 4i 2000 02 Chi M & St P 3'.4 3000 .... 61H C M & St P ov 4 2000 75f . 000 74H 6000. .... '5 B 100U 74! i 1000U 74Jt Chicago Union Sta 2000 S2H City of Lyons B 6s 5000 09U City of Mars B 6s 1000 095, C of N Y 4s of 69 2000....'. 02Jf J a ot ju x ftsoio ailOOO 19171 V2'i 81'j sz, 82 S2S 82 !t S2.'t' 82", 48 84W 60' 60'f CO.', 60'i G0 C1H GlJi 6U. 62 G0 fil'j 62 02Jf Olh liUiBl So 6s 77.U 2000 10000. 10000. 6000. 10000. 1000. 2000. 15000. 5000. 20000- 1000. 4000. 100J. 6000. 5000. Kan City i: 1000... Lack Steel of 73 11000.... 96 Lehigh Valley 6s 1000.... lOUf Liggett & Myera 7s 2000 110 2000 110 Lortllard Co Es 2000 91-f Lons Isl bs 1937 1000 715, Louis & Nash SI 6s 6000 100 Manhattan Ifle 2000...- 2000 7000 2000 DO! 1 06!. 0G,', 97 2000. 2000 2000 3000 10000 1000 1000 Penna 4s of 1000 Penna It R Es 3000 ui, f'eo & East Rlt In 1000 26'4 Pub Serv CNJIs 1000 70 Reading 4s 20JO M 1000 81J It I Ark 4 L 4 7000 6SM 1000 62' 2000 62!i Seabrd Air Line, 11000 44 Seaboard Air L fd 10000 50 Seabrd A L adj 1000 46'r 10000 ; 47'f St I. & S F Ino 10000 44 St L & 3 n 4s ser A 10000 5S!X 10000 5SH 3000 5SJi- 9000 6S!-4 1000 5sH 1000 68ff 1000 5bH 1000....:. 585i St L H F Es ser B 5000 71 6000 71H 1000 71.'., St L & S R adj 1000 61 4000 61 St L I M & 8 RR (1 10000 78 10000...... 7S Southern Rwy Bs 1000 88l3 5000 8SS TexaB Co-6s 9000 102" 2000 102, Union PaclCo or 1000 S5 1000 S5 1000 S5 Union Paclflo 4s 5000 845, 1000 185 U K of G B & I 21 5000. ..w. OS 7 2d00 Ofrtj 5000 USH 3000 OSh 4000 98 7 U K of G B & I B'$s of 1SJ7 1000 6)4' 1000 floj 10000 ....... 90H 1000....'.. 96k 10OC0J 96)4 U S R & Imp Co 5s 2000 77'5 "6000 77':, U S Rubber Es IIXHI 6", 4000 S7 1000 87'4 6000 b7 U S Smelt 6s 2000 101 U S Steel Es 200Q 100 3000 100 .1000 100 2000 100 3000 100 1000 99i 1000 99!t 2000 100 1000 100 10000 09'( 1000 99!, Dv. Bales In I MX) .. 1601 R 300 .. 2400 .. 4300 .. 400 S too a 1SK 7 K7.W .. . IS 700 4 100 .80 TOO .. 1S10 7 .100 MM) iM 700 .. 34.MI 00 17, XI 2SM 2 J JO 0)0 88X1 100 1.190 210)0 .100 40)0 too 2.100 8M 100 I1 ,1W 3 100 23 J0 100 SRI 1000 200 100 48X) 4 2(10 J 100 8X) ICO 3M too 3 i?3X 100 2 JO 3700 200 100 6M 145)0 2W 3W 16)0 100 700 1200 2 JO ;o) UK) jjo 41)X) '.6)0 200 20 JO 100 2M too 000 200 3J0 2M 700 :o .100 1100 700 1700 M AK 100 4I0J 69)3 110X1 100 129 JO AW 18)0 600 100 3X) 100 AX) 19)0 430 800 84 M 1200 700 86,-0 13)0 GM MJO 100 112)0 2)0 1I"0 18 JO 22 iO 7I0O 450 100 SXI 400 100 I3M '.'BOO 300 100 8)0 1230O 4890 1700 39)0 Vlr Railroad Es 2000 87 3000 87! Va-Car Ch Co 1st 1000...... 05'i 2000- ... 955, West Md 4 1000 6SVi Western Pacific 1st 1000 83 Wilson & Co cvt 5000 i,li 2000 97 Wilson & Co lit 1000...... OS", U'OOP..... 08 1000 OS'-s TODAVS RANGE IN LIBEBTF BONDS , BcUt ot Ubcrtu llonti lit (ha Stock Kl change carrv Interejt to date ot sale. The teller receiii) that Interest, In addition to the al0 price ot the bond. .60 ltlith Advance numely ....... it AJax Rubber IS Alaska Gold M 2? Alaiika Junnu G M .... 2 Allls Chalmers Mfe 48U Am Agrl Chemical .... 90 Am Agrl Chemical pf. . HA Am Beet Sugar BS Am Can ,. , , C6 Am Car & Foundry ....134(4 Am Cotton Oil oV, Am Druggist Syndicate.. 10M Am Hida & Leather ..,.. ZVA I Am Hide & Leather pf..l28M Am Ice 48 Am Internatlo-al Corp ..101 Am Lthsecd Co 7?i Am Locomotive 116 Am Locomotive pf 10J Am Ship & Commerce ... 26 Am Smelt & Ref 74i4 Am Sttel F0Undrles W Am Sugar Ref 141& Am, Sumatra Tob 110 Am Sumatra Tob pf . . . . 120 Am Tel & Tel t Am Tobacco 312 Am Tobbaco pf new 100 Am Woolen 122M Am Woolen pf ion Am Writ Paper pf 6 Am Zinc L & Smolt .... 23 Am Zlno L & Smelt pf.. 3 Anaconda Copper C8 Today's Net ls,vr Close Ch. S4- ; t - 1 4? -m (5 - 1 9H4- X 1,23 CK- ism- 1 67 - 1H 104- 1 ZVA- isU- VA 48-1 98M- 2?i 78H- ' 119J4 4H 107 - l'4 7414-1- Hi nb 'A MB Si. 107 - VA 120 23 Cft H :o7 100 117 loo (4 89 Awoolated Dry Goods Ass-o Dry Goods 1st pf. Associated Oil Co Assets Realization Atch Top & Santa Fe . Atch Top & Santa Fe pf . , Atlanta BIrm & Atl ... Atlantic Coast Line ..., At Gult & W IS S ..... Baldwin Loco Worlts . Baldwin Loco Worka pf Baltimore & Ohio Baltimore & Oh'o pf Barrett Co , Batopllas Mining Bethlehem Motors Bethlehem Steel B 62 101 1, 2H (oh fi nn 85 178 140! 105!', 40 60K, 126K 114 28 icft Bethlehem Stpel S pf ..H3'i Booth Fisheries 17H Brooklyn Rapid Transit. 23! Brown Shoe pf 98 Burns Bros 120!4 Butte & Superior Cop . . . 27!4 , Butto Copper & Zlno . . . ly California Pack Co .... 18! Caddo Cent O & It ZH California Petroleum ... 83 California Petroleum pf. 80!4 Canadian Paclflo J Sift Cerro de Pasco Cop .... 9H Chandler Motors 2t0 Central Leather 1M Chesapeake & Ohio to Chicago Gt Western . . . 10H Chicago Mil & St Paul.. 4 Chicago Mil & St V pf.. C7 Chicago Pneumatic Tool. COft Chicago R 1 & Pacific... 29 Chi R I & Pac 6 pf 64 Chi R I & Pao 77 pf ..77 Chicago & Northwestern. 91!i Chile Copper. 22ft Cleve C C & St Louis... 42ft Chlno Copper 43 Gluett Peabody pf . . 108 Columbia Gas & Electric. C3ft Continental Candy 11; Cont Candy rta 3ft Consolidated Cigar pf... 84 Consolidated Cigar 70ft Continental Can 02ft Consolidated Gas 113ft Col Fuel & Iron 6ft Colorado & Southern ... 24ft Col Interstate Cat Mln... 20ft Corn Products Ref H7ft Crucible Steel Co :30 Crucible Steel Co pf.,,.102 Cuba Cane Sugar ...... 0ft Cuba Cane Sugar pf ... 8314 Denver & Rio Grande pf. 174 Denver & Rio Grande . . 10 Delaware & Hudson ..103ft Domo Mines 14 Elk Horn C C 3 Endlcott Johnson 118ft Erie 16ft Erie 1st pf '-' Fairbanks Co 81ft Famous Players-Lasky .111ft Fisher Body Corp 148ft Fisher Body Corp pf...H0 Flsk Rubber 8ft Frceport Texas .... 60ft Gaston W & Wlgmore.. MM General Cigar Co 85ft General Electric Co IfSft General Motor Corp.... 26.1 General Motor Corp pf.. Wft General Motor Corp deb. 88ft Goodrich B F 84 Great Northern pf 67ft Great Northern Ore ctfa. 4H Greene Cananea Cop.... 43 Gulf States Steel (3ft Haskell & Barker Car .. 12 Homestako Mining ..... 70 Inspiration Con Cop ... t? Interboro Con Corp .... 6i Interboro Con Corp pf.. 20 Int Agrl Corp 25ft Int Agrl Corp pf 78ft Int Harvester Co new .,134ft Int Mer Marine 1SH Int Mer Marino pf H8?4 International Nickel ... 77ft International Paper .... t3ft 43 C3 2 46ft IS 0ft (2 C3ft lain 62 10M 4ft 12ft f8 98 78 110 101 zs 72M 40ft 130 101 120 18ft 300 100 117 10 cs 22 59 "ft SIM 7ft IS 2?4 tl 81 lift 95 172 133M 105 ft 3Sft 50ft 12434 1ft 27M K1H H3?S 17H 20 ft 98 120ft '6ft H 18ft :4ft to 60ft 151 58ft 2SO 102ft f8ft 10ft 1'4 G4H f6ft 27-H a 77 91ft :4 42ft 43 108 (,2 ft lift 3 8.1 6ft 01 S3 4 24ft 19ft tSft 2J2ft 102 ; 12 10 102ft 13ft 35 116ft 10 25ft iOft 1074 lit 108 6ft 48ft S9ft 2ft lesft 64ft 90ft 7ft .2 (6H 44 2ft (3ft 61 70 (0ft 18 2S 78ft U2 57 117 20ft 60 ft Dlv. Sales In I 100 u 200 ,. 505 3 200 .. 43 K) 4 800 8 200 1I0O 2 82M 1.20 6M C (100 .. .100 .. Hlsh Inter Paper pf stpd.... 78ft Jewel Tea ;... 10ft Jones Bros Tea fSM Kansas City Southern ... IBM Kelly Springfield Tire ..''40ft Kelly Spring T If, pf..loft Kelscy Wheel Co 87 Kennecott Copper 35 Keystone T.4t R 62ft Lackawanna Steel Co .. 13K Lake Erie & West .... 10 Lee Rubber & Tire 33 400 3 .50 'Leh'gh IValley 8 ft - 1 .- 5 H - 14 - 1 H 2ft 5 ft lft ft ft 5 67ft 76ft 90 82 11ft 172 133ft- Sft 105ft ft 30ft ft, Ani,t &4 I 124- lft lft 28 - H U2H- 2ft I 113?4 6 I 17H ft . S3 1 ft 98 126ft- 3ft ! 12 10 6ft- I4ft (8ft :ft- 50 - 80ft - 151ft 4 58ft- lft 250-102ft-68ft 4- 10ft 3H r 10 ft 3ft 28 H 64 14 77 ft Blft ft 24ft- 'ft 42ft- 14 K- ft 108 2 (.2ft-11M- 3ft 83 87 II 1.1 44 24ft ft 10?4-l1?4 Sft 174 124 - 7ft 102 2ft 39ft- 1H Sft- ?4 16H- ft 10 .. K2ft ft 13ft- ft 35 117ft H left ft 26 - M 1 14 H H "4 ft 1 3 2ft .a 100 100 1400 GOO 700 1200 48100 600 38X1 1200 1200 (10)0 2000 400 2800 6100 303 .100 100 700 3590 4.1X) 100 690 3)0 490 38 00 390 100 400 1530 15)0 4930 4S0O 100 '.'00 2K 282)0 4870 1100 26H .. 100 .. 5)0 3 105X1 18 K) .. 800 3)0 .. 100 e 3403 1 14)0 8 400 8 410) .. 3200 .. 590 2 S400 8 F790 8 77JO t 109 .. 100 .. 24890 8.70 10 6 5.40 Liggett A Myers Tob pf. .111 Loose Wiles Biscuit .... 70ft Lorlllard P Tob 2364 Manhattan Elevated Gtd. (lft Maxwell Motor 40ft Maxwell Motor 2d pf . . 3s Mexican Petroleum .... 229ft Miami Copper zoft Mldvala Steel & Ord ..1. Sift Minn & St Loula new .. 18ft Missouri Kan & Texas.. 13 Missouri Paclflo tOH Missouri Paclflo pf 62 Montana Power 03 National Acmo Co .... 39 Nat Aniline & Chom .... 62ft Nat Aniline & Chem pf., 0ft National Biscuit Co ...125 Nat Cloak Jfc Suit b2ft Nat Conduit & Cable... 15 Natlonat Enam A. Stamp. f2ft National Lead Co tS?4 New Orleans Tex & Mex 48 N Y Air Brolto 1!5? New York Central 73ft Now York Dock 69 New York N H & Hart. t8 New York Ont & West.. W)ft Norfolk Southern 14ft Norfolk & Western 102H Northern Paclflo 87ft Nova Scotia S & C t Ohio Cities Gas 3H Oklahoma Prod & Ref . . 10ft Ontario Silver Mining ... 7ft Owens Bottlo Co 6ft Pacific Gas & Electric 65ft Pan-Amer Petrol & T...120J4 1 81 108 44 1 110 2 7 - i 48ft- 14 26ft- ft 'Cft- lft lCSft- 2ft 58 0ft 7?. 6ft 45 -70 (0ft I9ft 1 25 1 i JS'i- ', lii - 1 67,- lft 7!i- IS 26ft- 1 COft-- 24 4 ft ft 1H ft 1 ft1 ft Si V, ft 290 690 1600 1903 200 100 E030) 400 370)9 ;3X 5 JO 210X1 ' SOU 070 37 X) 590 '1030 700 2100 29) 11200 25100 1700 11000 1210 80O 100 300 too 310 30890 390 0600 103 3300 500 2100 25330 400 1IC0 920)0 600 2100 loo 200 290 5X) 300 1(00 100 .100 590 I 00 (030 400 3700 100 8300 200 3 Pennsylvania R R 43W i. Penn Soaboard Steel .... 2ft .. Pere Marquette 21ft . Pere 'Marquette pf 43 3 Philadelphia Co 35 .. Plerce-Arrow Motor .... (3ft .. Plerco Oil Corp 22ft 5 Pittsburgh Coal of Pa.. 63 .. Pittsburgh & W Va .... 33ft 6 Pittsburgh & W Va pf.. 604 1 Pond Creek Coal 27ft 8 Pressed Steel Car 14 8 Pullman Co 121 ,. Punta Alegre Sugar .... 60ft Punta" Algeria Sugnr rts. 4ft 2 Ray Consol Copper .... 23ft 8 Railway Steel Spring .. 99ft 8 Republic Iron & Steel .. fGft 4 Reading 82ft .. Heading 1st pf 35ft Ilem'.ngton Typewriter .. 77ft Royal Dutch Co N Y ..1P,1 1 St Joseph Lead lift .. Saxon Motor 19ft 0 Savage Anns Corp tSft .. St Louis & San Fran... ft 1 .. St Louis Southwestern .. 16ft .. St Louts Southwestern pf. 29 .. Sinclair Oil & Ref 6IH 6 Sloss-Shcfflcld S & I.... C4ft Southern Paclflo K4ft Southern Railway 26ft Southern Railway pf.... 01 Studebaker Corp 118 Stutz Motor 118ft Stutz Motor rts 6 Strombcrg Carburetor . . 79ft Stewart Warner Speed ..127ft Superior Steel Corp ...,4ft Tenn Copper & Chem . . . 1854 Texas Co 271ft .. Third Avenue 19ft 0 Tobacco Products lCSft .. Texas & Pacific 4 5 Transuo & Williams StI. 58ft .. Transcontinental Oil .... 57ft 10 Union Paclflo 124 ft 4 United Alloy Steel 62 7 United Drug Co 147 10 United Fruit Co 183 .. United Ry Investment .. II .. United Ry Investment pf. lift .. United Retail Stores ...113ft 5 U S Cast Ilron P & F pf. 05 7 U S Food Corp 87ft . U S Express 26 16 U S Ihd Alcohol .-13Sft 7 U S Realty & Imp .... 45 5 U S Smelting R & M .. 70ft 8 U S Rubber 124 8 U S Rubber 1st pf ...,116ft U S Rubber Full Pd .... 120M 5 U S Steel 10054 7 U 3 Steel pf Hlft 0 Utah Copper 82H .. Utah Securities Corp.. IS 6 Va Iron Coal & Coke . . 64 .. Wabash , Jnft .. Wabash pf A Soft 7 Westlnghouse Air Brake. Hlft 4 Westlnghouse E & M ... 64?j .. Western Paclflo !2 .. Western Maryland 1254 .. Western Maryland 2d pf. 21ft t White Motor (Oft .. Wheeling & Lake Erie.. 18ft S Wilson Co 83ft 1 Willys-Overland :sft .. Wisconsin Central n .. Worthlngton Pump 97ft . . Worthlngton Pump pf A . C5 Today's Net Low Close Chge. 78ft 19ft 3S HH (41ft 100 87 MV4 59 f3 10 31ft 47ft 111 70ft !20ft 3ft 45ft 37ft 22254 2ft Uft 174 12ft 20 60 65 i'6ft 5S toft 122 S2ft 16 80ft I3H 47?4 125ft 73 67 32ft 19ft 14ft 102ft 87 78 52 ft 9ft 7ft U, 5ft 117ft 43 (lft 1054 43 2ft (1 Clft J.2H 60?4 :s ll?4 120 19 4ft 2274 . 18ft (2H '0?4 35ft 77H 1(0 lift 18ft Jft 19 16ft 29 19ft (4ft 102ft 25 (0ft HA 117ft r, 75ft 127 43ft 18 265 19 ' KOft 52 ft 5534 (6 123 51ft 1(7 1(0 II 24 100 l3 85 20 13(ft 14ft CO 119ft 110ft II734 104 ft 114 H41 13 01ft 10ft 2954 110 53ft 22 12ft 54 21 (0 1W i2ft li 12 15 18ft- H 19ft H 35ft- V 19W- ft 142 H 100 - M 873 .'4 ft- M 9ft- 2W 8.1 2 10 '4 31ft- lft 4754- ft 111 1H 70ft- S 229ft- H C0ft lft 45ft- -4 C7ft- ft 2!3H- U 26ft ft (Oft- ft 17?4 1.1 ft 29 1 Slft-r 214 651 20ft- 54 58M 4ft soft ft 1224 t.2ft- ft 16 - ft fcOft- 2 3ft- ft 47?4-(- 1?4 IS5W ft 73ft ft 69 H ft i.254- ft 19ft- 1 14ft . 10234 H 87 - lft 7? - 3ft 12ft- ft' II) - ft 7ft- ft 6 1 (,5ft- J4 117ft- 3ft 43 - ft (lft- ft 20ft- ft 43 Mft- ft (1 - 2?4 s a tl?4- lft :3ft- ft E0J4- lft ;sft- lft tIM- 3W 121 - ft 69 - ft 4ft- ?i , 2.1 H 88ft- 14 13 - 2ft 81ft- ft 35ft- ft 77ft- lft llOft- 2H 14ft H 1814- lft 85ft 1?4 19 ft 16ft ft 293 5954 4H ft- 2?4 l(3ft- lft S AM . . (Oft- m 11s 4 117ft- lft u 70 M 127 441 1314 . 268 3?4 10ft Sft It lft- 4ft 2ft 2 6ft- 2ft 10 - 2ft i:.ift- lft sift- ft 147 3 K0 - 3 11 - ft 24ft 1 1094- 4ft 632 8$ - 2M 25ft . . H5 j 44 ft 0 - ft .21 - 3ft llflft ft 1174 3ft U454 2 114 - ft m- ft 13 61ft- 14 II ft . 3914 M nift- ft 3J- lft VI - 1 lift- ft 21ft- 2H I Oft- 1 16 ft 83 . - ft "ft- lft 24 2 1.1 - 3 03 ONLY MODERATE SELLING . ," CROPPED UP IN LOCALS -"i. . .) . f Market for Asphalt Shares Again Found Very Thin Evidence of Increasing Caution The Qenernl Asphalt shnrrs 'were again the soft spotB of the local market, although the general list showed au In clinntinti to yield. Trading was fairly active, and somewhat better distributed' than in the recent sessions because of 'the conspicuous absence of specializing., The maruet, as a whole, was under virtually the same Influence ns ruled In New York, Hfforts to renlize on accrued paper profits ngnin revealed nn nstonlshingly thin market for tjic Asphalt issues. On less than -100 shares the common suf fered a further tumble of $5 to 123, representing a net decline of $15 from the high record made enrller in the week. Offering of loss than 100 shares carried the preferred down $11.2," to 184, which is $24.50 under the top notch made, a few days ngo. In the Inte rally the common went to 12N and the preferred to 100, Further attempts were made to asso ciate the recent rcmarknble upward swing iu tho stock .with some new com hlnatlou with oil Interests in Centrnl uud South America. This bullish prop aganda, however, fell upou deaf cnH today, as it is almost next to impos sible to nrousc bullish enthusiasm in tho stock that apears to have struck the sliding bonrd. There nrc still many 1. rensons to stick to Ihe assertion repeat edly made in these columns, thnt th recent speculative hippodrome In tho Asphalt stocks wan entirely Independent of conditions relnting to tho company .affairs, L'lberal realizing was rilso In 'evidence in Electric Storage Battery,., which .at one time during the morning yielded $2 under Inst night's final sale! The stock offered, however, notedly found n, ready market, but was nlso readily absorbed, which fact was patent. inthe. easy re covery later in the 'day to Hi". ' Lake Superior Corporation held up bravely around 10i ' Thc're wns 'llttl doing, however, as the. pfeseut prico gives little leeway for those to get out , that were caught on the .crest of th recent bullish 'movement iu the stock.' Fresh selling pressure developed in U. G. I., depressing the price to a new low level at 03. This celling s a puzzlo to some extent, inasmuch as the present dividend appears to be entirely cafe. The trading in the nthen. locals was of familiar desultory character and. re sulted in only a fractional, chipping of prices.- There seemed to be more dis--' position to move cautiously and awoit developments rather than to sacrifice current holdings at going prices. Philadelphia Stocks' Hlffh Low 10 tA T &T !)!) 1)9 300 tc ot yv 10 10'4 1S30 El Stor..llMi 11" 021 (ten Asp. 120 123 320 "do pref.102 184 300 Lk 8 Cor 1(1 10Vi fi Leh Xnv 07 07 Vi 310 Leh Vnl. 48 47 4.Ti Pa It R. 43 43 SVSPhilo Co cum nf. . 34V,' 34V, .n ... ,. t. ,..'r .:? J..SU. Net Close clise. w 10 11 11(1 1 12s 1 no '-fiii 10 X 07.. 4S .. 43 34 L-IIIH 1U.. ,)W o-VJ "l-iTS 74 305 Phil Klec 2.'i 25 25 245 P It T tc 20 20 20 2O0tItoynl Dch NY.100 100 100 2 12 tltcoding S2 82 82 1270 Ton 'llel. '3 3 3 3 ,. 37.. fiOOTon Min 3 nn Un Trac. 37 1218 U G I... 03 340 U S Stl.100 2 W J & H 43 3 37 'ii 03 03 104 1041 43 43 tNet chanse made bv comparison lth last Btln on New York Slock Exchange. Sales In BONDS Net "?,0(l . ,Ilsh Low cl" c 2 Elec A- Peo Tr 4s ... 08 OS OS . . 3 Lib Roods 8 ic 4f,s. 1)0.00 00.50 00.80 1 1 Pn gen fis. 1)1 .y, ill -14 1)1 4. 14 3Phila Elec T A 1st Cs ... 03 03 03.. 1 Un Ry Inv Cs 75 75 75 . . NEW YORK COFFEE MARKET New York, Oct, 3. The coffee' market opened quiet at declines of 30 to 10 points. Immediately after the call, De cember sold from 14.20 to 14.30. Trad ing was featureless and sales very light. Yeat. eloeci Open 11a.m. September October . , November December January . February Marrh April ..... May ..... June July ...i, August ,. Bid. 14.30 14.49 14 as 14.81) U18O 14.80 14.80 11.80 14. SO 14.30 14.80 14.30 14.: iil ill: 14.30 ..it. DIVIDENDS DECLARED United States Rubber Company, a,, divi dend of 2 per cent on common, quarterly, 2 per cent on first preferred, both payable October 81 to stock of record Oceober 15. York Hallways, quarterly 02tt cents per sharo on preferred, payable October 81 aa registered October 21. Pittsburgh and West Virginia, Railroad." quarterly of lft per rentton preferred, pay able November 28 to atgck ot record No vember 3. Refined Sugars Unchanged New York, Oct. 3. The local refined' sugar market continues unchanged. Re finers arc still withdrawn front th market. Arbuckle Brothers alloted some sugar on Thursday, but will 'make1 no allotments today. Prices nre un changed at 0c, less 2 per cent for cash for fine granulated. Baws nre un changed at 7.28c, delivered, for 00 de gree centrifugals. The United States sugar board made no purchases of raws j esterday. , MLiDHiiiyliMiiiiiiiniiiiiiiiiiiiniKiinnrii TTitptwr Hlrh T.4-.V cia.. Lib Bonds 3s.,100.0S 100.02 100.0S Lib Bonds 1st Is. 05.40 05.18 05.10 ja liomis i -is., ut.uu Lib Bds 1st 4s. 05,00 Lib Bds 2d 4b. 04.00 Lib Bonds 3d ifts 00.01 Lib Bds 4th 4b. 04.20 Vic Notes 3s.. 09,02 Vic Notes -J-lis. 03.SS 05,44 04.00 05.00 04.01 09.S0 II3.IM) 05.40 Oi.00 MONEY-LENDING RATES NEW YORK Money on call, both mixed collateral and all industrial col. lateral, opened today, at 7 per cent for lending nnd renewing. Time money Is reported in urgent de maud nnd (1 per cent is strongly bid for ell dates. Some money is being loaned at 0 per cent for four and six months ou industrial collateral. Prime mercantile paper is unchanged, with a light market here and more busi ness in the interior. Discount rates range from IS to 5 per cent, with most of the business at 5 per cent. Cnll loans on bank acceptances arc unaltered at -Hi P c- PtMW nre on a moderate scale and rates ruled ns previously - PHILADELPHIA Call, 53i0 per cent: time, fi26 per cent; commer cial paper, three to six months, 5 .j per cent, and six months. 6 per cent. LONDON Money is quoted .", per cent. Discount rates, short bills. 3 7-10(33 per ceut; three months bills 3 'J-ltfcWg per cept, FOREIGN EXCHANGE New York. Oct. 3. The foreign ex change market opened rather uncertain. lor ue-cables. LOCAL MINING STOCKS TOXOPVH STOCKS Rid Cash Boy . Jim Butler . . . MacNamara .. Midway Mlipah Extension . Montana North Stir .. Rescue Eula Tonopah Extension West End .... West Tonojiah 07 .28 .58 .18 .05 .12 .05 .13 2k lft .10 I DIVIDE STOCKS WUll Sterling was. easier, at4 22Vi for 04.20 mnnfl sterling and .1.23 00 0" 0984 no'ftl Francs showed improvement, cables be. OlD-JlO.Sl 00.81 at 8i42 afA chcck8 s,.44 LONDON STOCK MARKET In Minn & StLRR4s 3000 131 1000 43U' 6000 43ft' 000...... 13 3000". 42U 3000 431. 2000 41 Mo Kan & Tex1 2d 10000 35), Mo K & T 4tfs 4000 29ft 4000 20H Mon Power Ea 10000V ... . . 88 Tit -lfMounl 100O,, A,. HI, Home Ralls Lower Argentines Demand M4nes Spotty London, Oct. 3. Weakness was noted iu some departments on the stock .exchange today, owing to the hitch last night in the settlement of the strike of the railway men. There were hopes thot peace would soon be restored with the vforkers. Generally, the markets were irregu lar. Home rails were lower, but the shares of Argentine roads wen in de mand, Oils wero Irregular. Shell Transpbrt was S. MarconU were cheerful. .Mines were good in spots. The gilt-edged section was mixed. BAR SILVER Commercial bar silver was quoted in New York today at $1.18 an ounce, if deellno ot 2c. In London the price was 03d, down Hid. ing (iu Lire was also up slight the tigures being 0.78 for cables and 0.60 for checks. Other quotations were: Swiss cables 5.35", checks 0.55; guilder cable. 38. checks .58; pc setoa cables 10.18, checks 10.10; Stock holm cables 24.80, checks 24.05; Chris tiauia cnblei, 23.30. checks 23.15; Co penhagen cables 21.00, checks 21.78; Belgian cables 8.48, checks' 8.50; morks 4.20, Austrian kroner 1.50, nominal. In the second boor of business the market was steady at slight Improve ment. Ouotatlons were: Demand sterling 4.22, cables 4.23; franc cables 8.30, checks 8.41; lire cables 0.78, checks 0,80 ; marks 4.20 ; Austrian kronnen l.o.'i, BANK CLEARINGS Bank clearings today compared with cor responaing aey mi two yr; 1810 1018 1917 Phil i. ..182.ft4D.ll41 tSS.T8l1.24T 138.807.288 N. Y....eS0,;t7,fl28 8(1,217,830 M8,763,12l uniua 4vo, us ee.tw.i? Allied Dlvlds Alto Dllde Jfeicner Ben Hur . . Drough DIUde . Divide Extension Divide Pnvdlcato Divide Con . DlWdend .... East DMde Hasbrouck DiWde High DMdi Reert Divide Reno Dllde Hosetta RllVer King Tonopah Divide . . Tonopah Hesbrouck Victory Divide .... Verde DIUde Zone aOLDKIGI.D Atlanta . . . . lllue Bull Booth COD Combination Fraction Craokerjack Development Dlamondneld Daisy Florence Qoltlfleld Consolidated Ciokinelrt Merger Great "end Jumbo Extension .... Kewanas Lone Star Oro Red Hills flllver Pick Spearhead .07 . : . .09 V .. . IK .CM .15 . . .OS . II .12 . .1(1 . . .M .05 12 .14 ' . .30 .28 80 .! STOCKS 02 n n rtnu,ro Arltona united .. Eden Mother !ode . . Nevada (1 111 Nevada Rand Iromontarlo . . Nevada Wonder . . Tecopa Mining . . White Caps .no .08 02 .03 .05 13 .01 .02 4.1 .17 .03 .02 .00 03 0.1 01 0 CS 09 MISCELLANEOUS 1". .29 .6!' .02 .20 t'4 .3.1 .OU .17 Ark .08 ,28 .62 .07 .15 .07 .'-Q , 24 .09 , .19 .42 8 ;?? .70 .13 .14 .13 .53 .07 .14 .10 , ..13 .30 .31 .71 .04 .03 . ,03 .Ot .1)3 .07 :iS .03 .52 .111 .C5 .03 .11 .0.1 .07 03 0 .09 .10 li .25 .53 .01 .12,. .18 RAILROAD EARNINGS l .2S1.T74 Ma,Mi 'l aV.iS44 GOVERNMENT BOND8 Panama coupon 2s, 1880 ., Panama registered 2a. 1930 Panama coupon 2a, 1938 ., Panama registered 2a. 1988 Panama coupon 8s, 1861 ., Panama registered 3s, 1001 Philippine 4s, 1984 , Philippine 4s. 1833 ,.,, , PhlllDDlne 103 .. .. U 8 Oov coupon 2s, I960 Ask l 9 88 00 WHEELING AND LAKE Bnttt .!n'tt. ... I''".'"? .wi,i iim . , .ei.iifiit't- Balanco otter taxes .. 102,17 Net oper. Income;. ln.'.SRT Eight months cross.. 8,280,019 llalance after taxes 72H.0UI Net oper. Income. 708,387 WESTERN PACIFIC August gross Jl, 477,on Balance after taxes fll.l.nn.i Net oper. Income.. 0(M,900 Eight months gross . 7,032,229 Balance after taxes. . 1,233,076 Net oper. Income .. 1,173,(578 Decrease, 127,1,024 54,148 18,1138 277,811 203,101 35443U 1190.303 22.719 32.131 KH4.Th3 884,783 l74,U BUTTER, EGGS AND CHEESE New York. Oct, 3 ROTTER steady n. calpis, 7878 tube. Hlgh-scorlng IS Vi'o.M? ;i"jp-j9? Haui "fsis, omoiijc seconds, l4tti.13Uc stein ,lnlrx ntntu- "wl"J3, xfftnh ... ., ,.! - -I..J. - "' extra 01 firm. Receipts, '4977 ece ols. 4077 ..... .. L gathered extras firsts. OOStlSc. truh.il.i'. ered extra firstr 3068ci fresh-cathered extra, seconds. 5802.-: gathered iVxif. alVE? Biwesc: -dirties No. I, 48S0c: No "ti 47c:' checks. 33042c: checks, undergrade 4253c: firsts 00!2ci second?" mSJSS'. strte snd nenrbv hemierv whu.. utf.,!.! ., w,.j- ... ..:r '..'L5-. . nwun,c; TO'""' ". P'l-Bi'Ci l-aclflc Coast fl IrttH-Xn ueilien nni4 Amilpin ..t . . . " 58WJ80. state and nearby hcniliJJ ' h?ow ": 7370c; gathered brown and mlxetl Rftffl 72o: flr o prime. OOetlScj refrfieratnr v? 1, niianic: refrigerator No. 2 40641) CHEESE steady llecelils an7i!"S .. Plat, current nal.e. colored. aerte xun SOW.SnUo. flat, rnrr.nl ,,.,,i ":U?B XUn- r ' V, 7, ' sSBimi . f -. ll':"Trv " '? aver. 3u'4c; white bdccUIb., aoffsoQ E3 1 H il A Bank's Clientele is numerous or numbered as its service is extensive or narrow. - Average equipments will attract a number of depositors., But intrinsic service is necessary to acquire many thousands. The $10,000,0Q0 in deposits at the Continental-Equitable Title and Trust Company and a clientele of over 10,000 business men testify to the helpfulness and availability of a service which in cludes everything that a bank and trust company can do. si Continental- Equitable Title aw Trust Company Twelfth Abore Chestnut, Philadelphia $1,000,000 Capital $1,000,000 Surplus Over $10,000,000 Deposits iiiniiiiiiinii MMHM,BnMWWBMH.tafi: 30 Liverpool Cotton Liverpool, Oct. 3, There was an im proved demand lorspot cotton todav on the basis of a decline of 23 points' for middling .at 10,08d. The sales were 8000 bales. Futures were barely steady in the early dealings. Spot prices were; American, middling fair, 22.73d' good middling. 20,0Sd ; fully middling. 0.38d; middling, lfl.(J8d ; low mid. dllng, 17.83d; good ordinary, 15.08d. and ordinary. 14,08d. Millions In Gold to India New York. Oct. 3. The Interna. tlonal Banking Corporation Is shipping, from this city $1,000,000' of gold to India. Tho metal is consigned to the, Indian government which has recently! fix'ed n new price of one rupee for every I u.uoz grama " (siu, un a steamer to leave San Francisco for the .Orient, the International Banking 'Corporation has a lot of $2,000,000. Others arc shipping tho metal by tho samO steamer. STATEMENT OP Haddington Title & Trust Xo. OF PHILADELPHIA 6014-16 Market Street At Close of Business,-September 23, 1919. ASSETS Cash & Reserve $ 778,989.11 Commercial Paper Collateral Loans ... Bonds & Stocks .... Mortgages owned ... Real Estate ..-.... Furniture & Fixtures Accrued Interest 178,839.37 . 039,5BB.S1 1,211,694.03 45,100.00 45,3U0.U0 18,600.00 , 25,495.59 LIABILITIES .$ 125,000.00 Capital surplus & Fronts (earned,) ...... -. . Dividends Unpaid . . Accrued, Interest . . . Bills payable' secured by U. S. Bonds . . . Deposits ............. 87,813.28 116.50 14,616.36 200.000.00 ... 2,416,061.47 $2,843,606.61 $2,843,606,611 WiLLIAM GIBBONS. President. JAMES W. MacBURNEY, Secretary and Treasurer. V S Oov registered 2a, 1930 100 f49 tr wrr-twinMHirr-i.on in 0 8 Gov registered 4s. 1U36 jfl D OJ t.eiuwois. i-tw. ll ... ; 16A Dltldenda AtTTIEKTINO ()K TIIB llOARIJ OK 1). rectors ofTiy; TONOIVtll M1N1NO rnuiivv HV NEVADA held this rl.v dividend of fifteen Ter Cent (18) was de clared payable on Oftober 2ti 1J010, to stock, holders ol record on the books of thlj core panr at o'eloskp. m. September 80. 91. '..-'J'-jmm, '; Ussm Willys Corporation o cbshtivativb T? l D C J Oi. 1 0 ' ' CONVERTIBLE First rrererred atock v mmmno fund ORGANIZATION! Consolidating under able management Vast Industries of nrnv.n Motors .Corporations. JdeaH altuated for mpreanlnr ettabllahed niifnm iiviiofiinr nw tiiisit-ffi.si "- NEW PJtomiCTi Light Slx-cyllnder Automobile having motor of remarkable flex1 Iblllty and revolutionary Improvement In riding -comfort due to spring susnen- priced cars --..-.. ..--. -..- ..ur..... ,,,u.r urmaiiq ior medium rnillUTlONt Through advantageous ' contract- with exiwrlenccd Sales Organ DISTRIIl Uatlon of Willys-Overland will be 400 cars per day. Company, which dates, witniu n months alter deliveries ,ASSETH 4 KARM.N s per i INT.Sl l.a n....n- hlB mruittr1 fl.in rmo .... ,. begin In jlanuary, producing capacity Net Tangible Ajseta I48.010.sa8. or I28T -n.- .1..... recent Earnlnas 3.41 times Dividend reautrementa. In Autn.l.l,vir..H n.... business alone orders already booked for next 13 months indicate net profits, after taxes, of 10.000,000. equal to 3 timer annual Dividend) officials estimate sale of nw car will more than double thla figure. , , arr.CIAL rROVIRIONSl Dividend .Cumulative at 8, payable quarterly; Stock has absolute priority aa first llerr on Assets, Eamlngg and Property; large, equity In Junior Issues' ot Second Preferred and Common Stocks; possesses majority Voting nights .under certain conditions; Sinking Fund and Redemp tion features at premium of 10, IN CONCLtlHIONi Application will -b made to list on N. T, Ptock Kxch. Aside from sound Investment qualities, the High Dividend Rate, Sinking Fund Pro r lalon and Privilege of Conversion all tend to enhance tha value of thla Issue, now offered for subscription at 1 atlaTB M a mm J A ia sal 1 1 1 1h .pJ hdah m asar m. 1 m Zm m W A luu icu ) cuiu nvtl ucu uiyiuuiu, yiciuuU O-0 IVrltr, 'phone or fall for rtrcqiaf, tHiokiet ana gpeciat ueuils. I inandtrs Mulld4BC- 1 U 1 DANIEL & COMPANY .tin.! liii.r.'i'Wi I'.r.; Vut; an'-yrrH J s '! va Vf H, Wi ' M " T; t w if '"",-- ' n nt n. t Hill. Q It 'i .. . . -" ?f;lt -
Significant historical Pennsylvania newspapers