f T i i JJt " ' JSSIW' " ipwi '"in p i vim ijj , r" f 1 , u I EVENING PUBLIC LEDGER-PHILADELPHIA, THURSDAY, DECEMBER 4, 1910 t , 21 It Is Inconceivable that the United States can live without railroads. It Is Impossible for our roads to continue in existence with their present credit. We urge and advise purchase of good sound Railroad Bonds. They may sell lower if great industrial troubles come- to this country. They should exentually sell much higher. This country mutt have railroads and the rail roads musf have money for extensions and for general purposes. ' They cannot raise money by sale of new securi ties at these prices. We do not know what corrective measures will be taken, but something must finally be done Nobody wants to buy now. Therefore we say now is the time to buy. Not on light margin for speculation, but outright for investment. If wo cannot live Without railroads, must not thi credit of the roads be improved, either by allowing them to earn more money or by direct gift raised by taxation? We are all sitting around with our money idle because of the "uncertainty." We say there is no real "uncertainty" in the situation. Consider carefully the proven fact that the man who makes money is the man who buys when others will not buy, and sells when others nre buying. We advise purchases now. We will name specific issues if you ask us. Frazier & Co. Broad and Sansom Sts. Philadelphia 65 Broadway 19 South Street New York Baltimore -ii C lrtP YOUR BUSINESS IN BOSTON will be greatly facilitated if you transact it through this institution, which offers you the most complete and efficient service in every department of banking. The FIRST NATIONAL BANK OF BOSTON Deposits $170,000,000 Resources $260,000,000 Bianch ut Buenos Aites, Argentina New Yoik, Dcr 4 Ihc imb mar Vet was atthe and itenerallv strong in today's trailing. Most interest contin ued to be attached to the petroleum frroup. While Oil wat haded In to the gieat eit extent, movine up to the new high Lrecord of 42',i Simms Petroleum w il'o active anil scrona. leuing in hip new hlch renrd of ii" Houston Oil moved up to 17". Savohl Tire was again active rant ing from 15 to IS. Strength wan alio hown in United Retail Candj tUiiih was traded in at WH to 15'i. Oeneral Motors (now) ranged from 35". to 34l,v, Snift International sold it 05 to Ii" and Ubbi . MiXcil i. T.lbb.v at 20'i to SO There was active hading in Sub marine Roat at Id to 17J3 Marion! fold nt G5S to 6U Oeneial Aiphnlt ranged fiom 121 to 124 i. lNDUSTEIALS lllh cm. roal Aetna Etploles m Marconi Vmsl Tlr. Stores tnr Safety Uaroi RrltAmr ToU coupons Car I.IlM r.en Aschalc Icn Motors OoldwMi Pictures Haden Chcm Hupp Motors Hearten Mfe Los Ine Mbby McN Ubbv T.oft Jnc North Amr Pnpei rfrfcotlon Tlr (newi ?nws Iuntalns Submarlno Boat Tuift International U fa Slea.rn.hlp United TUtatl On6 United Proftt SMrlns; UnltM Picture Trod Vanadium Bteel STAND Mil) Oil. STOCKS Aislo-Amer Oil 81', M "ill, Stand Oil of Jf I 710 710 710 Stand Oil of N T 444 457 442 rNDEPKNBBNT OIT.S Alllanri mal Itnxaltl Boston Womlnir t.urknett Van Cleave Cnrlb Sjn Oqmmomteftlth Copden ft Co rmleral Oil Olrnrock Oil Guns Gillespie HouUnn Oil rnt Petrol I.lind Olt 1 Hlngiton Macma. taracalbo Wrrllt Oil Metropollton Pet Mexican Tan Vlclnest n-flnlnj National Oil f mar Oil Orient Oil Pennolc Oil Fhllllpi Petroleum Producer & Pefllern ne niter Oil Ulan Oil Frn,uonh Oil shell Transport Mt.lh Oil Slmma Petroleum SDence Petroleum Texaa Ranrer i exas t.o w I Vn-inrln Oil n White Oil While Uicl. Was O H a Splendid Investment Opportunity To bring about a settlement between clients I am authorized to sell five hundred shares of the Common Stock of The American Pretzel Company of Philadelphia, the largest producer of machine-made pretzels in the United States and also the second largest producer of Ice Cream Cones in the world. Reliable information is to the effect that the production last year was sixteen million pounds of pretzels and one hundred and fifty million ice cream cones. Further information is to the effect that the busi ness will show much larger volume this year. Ihe Company operates large plants in St. Louis, Cin :innati and Philadelphia, with distributing house in all principal centers. SPLENDID FINANCIAL CONDITIONS Dividends have been paid regularly on the Preferred Stock, and this Company was financed by one of the largest banking houses in the country, and the common stcck is canned on the books of this banking house at par. Practically all of the common stock is owned by this bank ing house and officials of The American Pretzel Company. None of it can be purchased on the market. In a recent communication to its representatives the banking house says concerning The American Pretzel Com pany : "The American Pretzel Company, with pjants at Philadelphia, Cincinnati, Hamilton and St. Louis, piactically controlh the machine made Pretzel output of the United States. They aic the second largest producers of Ice Cieam Cone shells in the world and also groduco large quantities of Rye Bread and other food products, ecause of the advantageous location of its plants the Company is enabled to cover the entire United States with a minimum cost both as to selling and shipping charges. The varied nature of their a Staple bubiness in a special line and yet flexible enough to meet all changing conditions." , 1 It. ft. Dun &. Co. and Bradstreets renort The American Pretzel Company as doing a big business, high credit and well managed. STOCK IS REGISTERED -BY-COMMERCIAL TRUST COMPANY OF PHILADELPHIA The American Pretzel Company is a consolidation of the principal factories in the United States and later an absorption of Ice Cream Cone Manufacturing concerns. That the consolidation was effected on a sound basis and the financing conducted in a correct manner is evidenced by the fact that the Stock is registered by The Commer cial Trust Company of Philadelphia. A BIG MONEY-MAKING OPPORTUNITY To adjust the claims of my clients I am authorized to offer this stock, par value $100 per share, at $26.00 per share, cash to accompany all orders, and the full reserva tion of the right to return remittance if stock is sold and orders are received. Stock will be held on telegraph orders until remittances can be sent. Judge J. B. Cormaughton 501 Rentschler Building, Hamilton, Ohio OIL GROUP CENTER OF TRADE ON CURB Market Active and Generally Strong Simms Petroleum at New High SAV0LD TIRE IN DEMAND Low J U" -"i 5S ni ' v in n i, 18, 1 1N'4 21U 2S JIU 8 a "H 134(4 l-'d J2J bbv? ai'i ' 80 W 29 811 t', 0'. 714 IS ItJ, HJ m 30" nni no .oh an M'n !. 5l'i n, ' i S 7 . S 1.' tl'i 1J 1B', IB lll'i 67 ( R7 4U 4 Vi. Wi 14' ltiji A 2'i Sj 1J 1. li'i. H9u es'j 60" 16W Id 1S 1 1 1'i 10 01 1M 2f J. 2si 50 4"i'I 4l)i5 42 42 42 9h P "54 4H 4 ifl liS ij" a.-8 17J 172 172 r.7 M S7 ' H'i IpU 2inJ n 2R 2U4 2H, J1U u,t ir im; 102 1H9 wo U'4 12U 1JIJ 11 PV 10 7', 7' 7i. UTS tl1 11? 71 72 71 11 11 UN . ' s io" 71.''" 7nJ i ;-. i " 12'h ln'I in, iiT A r,V4 of,,' 1'. IN 15, U. . 41' 41t! 2H4 21' 2'U 4 ! 4H siiMr. Alns-B io Arizona Sller Atlanta ""lchx-r Wlt.di! Ext Bis Led io . Tooth . Tionton ft JJont falfcltMln . I'nlumet Jeiome fanndi Cott . CreKon Gold rrerpnt McNamirn. HI Rnlador rurek f'rrcaui riret N' Cop 4( MlnlnB fiold Com Oolrttlfia norei ce . Oold Ivrtwana CIoM Morgei Hold smei Pick Hecla Mlnlnr Jumbo Kxtcnston Unox DIMdo l-iotilstana Co Mc"omara. Marah Mln Motlierlodo NIplsalnGt OnondBfeo Ohio Copper Rex Cons . Hochewler M nea Rope Group Ron To' . Slher Ivlnr of Arlr H KIIer Id lonopili rtrlmont Tono Cosh Da- Tono Dhldi Tono-JIm I Tonopah M dwav Tonopah Mln "nlted Eaalrrn wer i-ni o lute uip; 1 42'4 47 It 70 38 .:. 2i 31 1 ' 4 n n. H IB R2J W CD 12'i R 23 u A i 4N 23 17 A no 88 White Cap3 Ext lb-rt Ye(rlniten A T 1 Be of 22 Anaconda Cop 6a ItONDS tVI, 0G mt, 4 II Tj R 14 I,'" 37 no '& oA 21 . i 21 17 311 l'J 12 2 I! 314 3'a I 2-4 42 47 II R7 3S Vt 3' 1I 5 17 US H IS n'4 17 r. A 11 23 4 23 17 NEW YORK BOND SALES Summary of the IniHvlcltuI 'I'miuacdons on (lie New York Exchange BUSINESS NOTES Am Ar 4 C Co 6a loon Vi 8000 04 , tooo . M Am Smelt R 6s 30000 . . ftS& Am T & T cv '.ai 1000 . sa Am Tel . Tel Ba 2000 1000 1000 2000 1000 10000 4000 70 1; 7 79H 79 i 0 80 Am Tel & Tel oooo sooo 1000 13000 sooo 1S0OO soon .1000 (1000 ( 9i4 Mfc t)". OB'i m Will lMper 4000 tlBlOf tench in 18000 11000 88000 1000 1000O 1000 2S0OO 3000O 2000 8000 10000 4000 2000 SOOO 95; on, 05'. s 03" S'i 9571; 9St. 9J'i 9.1 15 031. AST. 93'. S3'. Aip Republic K3 1000 . 75 Armoml. Co U 10000 J' 5000 82 Atch Trans a 1. 4a 7S? 75'4 ft 3 F is 70 7 76' n 70 76'4 1000 100O Alch T 2000 100O 2000 10000 23000 1000 All Coast Line clt 2000 1 69'i SOOO 70 All Coa Ln 4i SOOO .. 7ST b&o r I- a s. y 43 8000 S3 1000 RS'4 8000 . OS Bn.lt & Ohio cv loot s Cltt St X' jrm 4IJ 1000 72 1000 724 2000 7 4000 71,4 1000 73 Chi & N W Ss ot 57 1000 9 Chi & N West em 1000 . 7714 Chlca;rq IHrj a Co 3s 1000 . STa Chi RU Paclllo fd 8000 4"i 1000 4. 0000 !) Chi R I & Pacific 4S 1000 71H Chi Un Sla Ua 8000 79 7008 70"!i Chi West Imt 4s 4000 S7i SOOO S74 Chile Copper 6 3000 3000 noon 10000 aooo loooo 2000 10000 15000 1000 7000 Chile Copper 7 1000 104'i 1000 10S City of 1,1 ons 6a 1000 9S" 2000 02". City of Mar 6s 4 78i 7 78 784 79 79 791, 80 80 8U OS 4is of1 1001. 1001,4 10014 4'i8 x 20C0 SOOO 3000 7000 8000 1000 1000O 100O 3000 SOOO 10000 sooo 0000 S8 5'4 .IS'. Sfl'.i SH 5614 56i, 864 t S7 6Si BO'S 000 c of K r May '57 300V 4000 3000 c of x r 'o ember 67 sooo 100 C of X Y 4s of 50 1000O 91 Cof X Y 43aof CO SOOO 96g City of Paris 6s 10000 9M4 10000 94Vi 1000 94 2000 94 Com Tab & R Co lis SOOO 82 Consol'd Gas Co cv 8000 . . 98 8000 99 10000 99 2000 99 Del Hud Canal Ctr 1000 84 Dom of Canada '31 1000 O814 I -i npnni.il ' -n SOOO SOOO 100 J000O 8000 20000 sooo 10000 sooo 5000 10000 8000 8000 sooo 10000 1S00O sooo 8000 18000 7000 10000 soon sooo 4000 20011 10000 sooo soooo 3000 1000 sooo 4000 AOOO I000O 14000 23000 0000 2000 2000 8000 13000 2000 3000 3000 1000 18000 12000 85 r 834 38 S5? S3' 65T. S S14 S34 S3i SSS SSK-i 3S1J .16 S1 38'. S0lt .16 Vi S 561. 53H .13 81", 1 5fl AS B 86 S6l SO Si4 34 ,16 86 16',, 8i)i SON 36 16 56 Sjn 36 56 S6',4 554 66 Iowa Central 4s 2000 39 K C ti South 3s 1000 86 Kan C Term Ry 4 a 10000 711 2000 73 SOOO 721,4 LacUa Steel C of 60 3000 6000 8000 2000 1000 7000 OJ'i 94 9S 937 939 ns(ji Li S & SI S 314s 66 6 8 1,4 68 SOOO 4314 Bait i. Ohio 4s 1000 1000 10OO 6414 64i 64 Bait & Ohio 61 SOOO 2000 8000 2000 6000 1000 " lOOlv SOOO 2000 10001) 100O 67 87 U 87 S6 sew 8 6 1,4 57 67 861 86 1,4 814 37 r,i 1. 1 1 11 ito.iu is 4000 84 1000 6414 SOOO 52 I 1 rU R R CV D I 4000 41ii I 1000 41 1000 4054 Granby Con Mln A 3 & F Co 6s sta 1000 ... 00 General Electric Cs 1000 . 04 Hocltlne Val 4 'is 8000 . 00U Hudson & Man In SOOO 15'4 6000 12 10000 IS Hudson t- Man fd 3000 10000 1000 Lehlfh Valley 4s SOOO 69 1000 69 Lehigh Valley 6s 1000 ..100 Liggett & Myers 7s 12000 10914 Louli L Nash B 4s 8000 81 Louis 2 Nash E.1 6s 1000 09 1000 90 Louts & Nosli gold 3000 99 Mm We Rv Sta 4s SOOO 86; Mid Steel Corp 6s 6000 1000 3000 1000 1000 1000 3000 Mo Kan SOOO 831,4 84 83 83 8314 83 82 "i Tex 4s 59 Bait H Ohio 6s 88'. 88i 89 Corp fd 87 U 1000 10000 1000 Beth Slee 8000 Beth Steel 6a of 36 3000 J44 10000 . 84 Brk & 7th Av R en 2000 . . 48 Drl! R.1P Trans 6s 2000 . . 32 2000 ... 83 3000 . S3 1000 33 B Rap Trans ct 7s 38 54 S 34 53T. .8 9114 96 LONDON STOCK MARKET sooo 4000 2000 1000 Bloou Lull noon 1000 sooo 8000 5000 1000 9000 1000 1000 45 47 ! 49', i.o.. l' 43 45 44 4314 4614 47 47 47'4 47 1000 8000 SOOO 5000 5000 111 Cent 4s of 6J 1000 ... 70 Illinois Central BVuS 1000 00'- 18000 00 15000 90 SOOO 90 III Cent StL Dv 3 14 5000 . 6714 ImP Jap Got let 10000 ... 80 I J G Trench sta 4s 10000 . . 86',4 Imp Jap GoU 4s 2000 ... 08 Indlina btvel Co 6s 6000 . . 934 Int Mcr Marino 6s .1000 9874 3000 9374 1000 91 2000 . S'i 1000 94 Int Met Co ct 4Hs GIt.Edoed Section Heavy Mining Group Mixed Operations Restricted Ixmdoii. Dec. 4. A rush of fresh flo ration of capital ami the break in American fxchanjp yesteulay had a de pressing effect upon securities on the stock eirhaiiKe today Operation eic restricted and the 'inaikets uronnerl. There was piofit-taUn? hi the oil 'KT0u ulm lean KaffI "ceded to 1314 and Shell Transport was IOYj. niied The eilt-edjred section Mas heay CW YORK COFFEE MARKET N?1V Vftl It Tta,t .1 ITL. 1 . . v . r. , -i "tv.. 1, .me local conct ittet 10P!111(:dlt.UI":haDged to a decline of ID points with sentiment rcrj ni-rvous ovej- the situation in Brazil. Ojlila morning's official cable reported the Rio exchange market at a stand still and nominal at 18d, or below yesterday's official cable, hate yester doy,, private advices reported Itio ex change on London demoralized and quoted variously from 10i, to 17iid In (Ue local market. December vias' iiuoted at 10.60 and March at ICOC March 1B.10O11 .i'2. "AV. way ,18 102 !. is July 1B2B27 ib ia BrK Union Ele 1st 3000 82 Brlc U Ule sta 1st 1000 . . 61 Cftl G . K Corp Cs 6000 891 1000 . (9 4000 . . 89 Canada Southern 3s SOOO . . 81H 10000 , . 841 SOOOO 84Ti Cent Foundry Co 6s 2000 . . 84T4 Ontrnl Paclflo 1st I 13000 741,4 , 3000 71'a 3000 741,4 Cen of Ueorcla. en 1000 . .. 88 I Cent of Geoigla 6 s 1000 931,4 1000 63 Vi Chesep k & Ohio fd SOOO 80 Ches&Ohlo cv 4is 1000 1 701,4 5000 71 1O0O 70i,4 10000 70 iChts t- Ohio ct 4,48 ! 10000 .. 71 I Ches & Oljlo cv 6s I 10000 .1.79 I 18000 ... 79 SOOOO 18000 1000O 1000O 3000 10000 10000 5000 3000 Int i'ct Co 41,1 19 19 19 IS loan 1 9U 19U Mo Pacific cm 4s 13000 541,4 8000 64 3000 544 10000 85 Mlssouii Pacific 6s 1000 . 97',i Mo Pacific 5s ot 26 1000 . 86 8000 , 86V4 Xash &. Chat Rv 1st 5000 76 Vat Ry of Ilex 4tfs 7000 . 35 Xatlonal Tube C 5s SOOO 03" sooo 931 X O Tex & Met 6s SOOO 80'. Xorf &. Western 4s 100O 76" Northern Pacific 4 s 3000 78 SOOOO 76 10000 7t. 30000 76 10000 .. 76 2000 , -n, X Y All Brhe Co 6s 2000 99 X Y C&II RR3VJ 1000 67"i 20000 66'4 1000 68 XTC1 IIKRRIt 794 60 79V4 79' Heptamber Dec.mber Did 15 03W07 14 80 14,78 Liverpool Cotton Lheipool, Dec. 4, There was a good demand for npot cotton today with prices firm on the basis of an advance ? ioIntyuine p,oiat for middling, at M.BSd. The sales were 10,000 bales. The receipts were 14,000 bales, none American. Future were steady in the early dealing;. Spot prices were: American, middling fair, 30.07d: rood middling, 27.42d; fill mlddlinc 2042d; middling, '25.82d; to " mSS dllng, 23.87d: good ordinary, 20.02d and ordinary 10.02d. Allls Chalmers Pays Back Dividends New York, Dec. 4. The Allls Chal mere Co. declared a dividend of 1 per cent on account of accumulations on the preferred stock, thus wiping out all the back payments on the issue. Dur ing the late three years, 4.of 1 per rftnr. ha heert nafft miarfrrlv An bmum. :ulations. The usual quartern dividend sooo 2000 sooo sooo 8000 79 Ches tc Ohio 4 Us 10U0 . 7'Va Chi & Alton char us SOOO .. 86 1 4 Chi B & Q gm 7000 . . 76 Chi B to Q II SVsS 1000 .. IS Chi B & Quincy 4a 20000 1000O 8060 1000 5000 5000 100000 4000 10000 10000 teooo 10000 16000 10000 1000 sooo 10000 10000 1000 1000 2000 16000 toooo 34000 S8000 1000 30000 600O 20000 18000 17000 19', 19 19 10"4 1ft 19 10'4 16'i 19H 19V4 I94 19H 19A 19 , 10" 194 19" 19'a 19". 194 )9i ion 19 30 I9V4 20 20 191. 19 199i 4000 XYC & 3000 1000 XYC & 13000 SOOO 5000 12000 3000 8009 X Hit 8 9 '4 59T. 597, 60 Int Rapid Trans fd 1000 10000 1:000 5000 3000 11000 3000 1000 9394 934 83 n MT4 94 94 94 Cht & Grt West 4s 51T4 Bill 63 Bit. 52 1000 2000 1000 9000 1000 JCnl M & St P fd4 14 f 16000 . .. 66" , 10000 . .. 66 8000 ..1. 86 U Chi M & St P D 4s 1009 .... 67 Chi M St P 4a SOOO .... 14 5000 .... 64H 4000 .. . 64H 1000 4T4 Chi M & 8t P ev 4s 100 . 6414 u m f t r cv iii 10960 v, . CWJK ft? y 10000 4000 1000 I 17000 35001) 3000 1000 10000 3000 8000 16000 30000 1000 10006 5.000 30000 8000 1000 10000 26000 4000 10000 1000 10000 100000 80000 80000 40000 1000 16000 36000 10O00 SOOO 1000 6000 10060 3060 100O SOOO 16900 1009O 534 5S4 5314 12', 4 531,4 S3 14 51 ,i 51"i 51 i 51 XI a 51 Sli 5194 63 61 5314 33H S3 54 a 34 54T4 6ST. Sl4 S4',4 64 S4W S4V4 S4T4 54H 84 54 64V4 6414 84T4 tn 65U SSH 5 86 55 OH 7914 HR P. 4 ".a 76 76 RR 6s 01 91'4 63 917. 9174 91 T Gas Heat & Power Co 4 s 2000 1000 4000 1000 X Y Gai i Llee L H Power Co 6s 3000 8I 1000 81. N'T XII A. Hart 6j 5000 71 X Y Rwjs ct 4 s 10000 33 X Y Rallnajs ct 5s 1000 6 83000 0',i X Y Railway 4s 3000 S3 X Y Rail a) s 6s 9000 7 X Y Telephone 4 '4 s 5000 81 8060 81 10000 81h 5000 8t'.4 8000 1 81 ',4 X Y Telephones s 1000 97 1000 97 1000 97 tOOO 97 10000 9714 0000 97Vi X Y W C A B 414s SOOO 38T4 4000 SST, 1000 38T4 1600 387. Oregon Shoit Ii 4s 8000 79 Oregon Short Xi 5s 1900 93 Ore Wash RR Co 4 Xal Co 4a 8000 66', Pao Gas i n Co El -1.3000 831,4 13000 83V4 Penna RR 4 "is '21 35000 97 PennR R gm 4tts 1000 80 1000 80 1000 79 eooo 7914 Penna R R 6s 1600 . 90 10060 . 90 .8000 .. 89 Pore Marquette 4s 1000 1000 SOOO 3000 Puli Sei 3000 6000 Kudu 65', 66 66 66 Of N 1 5s ' 61 8 61 leading R R 4s tJUO .,,, 60 MHMI '.,.. 70 11000 .... 79 -aboard Air L fd 8000 . . 89 5cab'd Air Line aj SOOO . . 88(4 100(1 .... 36 1000O 4000 1000 Seaboaid 1000 36 .16 36 All 1, 60 '4 Is 3 V & New Hnir 1st 6000 TIU 10000 74', bt 1. I M A S Rlv . Gulf Dlv 4s 1000 66 1600 6814 Southern Paclflo fd 1000 74 6000 ' 74'. 8606 74 1000 74'. 8000 74 Southern Paclllc 4s 40000 76 SOOO 78 1, South Pacific cv 4s 2000 78U SOOO 78 Southern Pao cv 5s 1000 1000 2000 6000 OOOO 10000 6000 99 99 99' 991. 119 'A 99 100 Southern Hvs 4s 8000 10000 3000 60 61 01 , Considerable suiccn Ii repotted with thn plan ircentli put into ertcd In (er tain Htorei of uliin the eini)loe in addition to their salaries nnil louimlH hions paid when their falan quotiiH itie exceeded, a commisloii of one half of 1 per cent on nil sales up to tlnii quola S'lodi of botanical drug In litis imir ket are being fceriouly ilenlcted DuiK and chemical markets will mu loilox I'linsumeid seem readv to la IiIrIi pilces for them, but are Unable to locate (supplies in suftirieut quiiiitltli The high (oil of lenlhri has treated a ne ue for woolen Hpnal puttie According to makeis ot euch goods thej nte om b skaleis in plni e of (lie UMml skiitiiig boot whiih an mm costU this season The demand ftom this souice Is gnld to be quite kooiI Ulijers of (he better grades of sllli hose for women teport n 11 n 1 K el In 1 lease of late in the tonsuiner demand foi Inie liiseitions fin ctenliiR wnii Not oul are these goods high In price, but the aie not lit all in libiuul Niipply Thn color demand i uri hugelv fin lhf guld anil bIIvci shades but tture is evidence of a letmn of brotire to oguc According to 11 local wholestle treilit man ono of the most Impoitnnt prob lems facing his protcssiou these davs is guoidiiig ugoiust too llbeial nlloHiinres to the merchants who nre using piitml paMueiits ssteins Mam of lliese plans he said ale operated along r loose Hues, which eudiuget the safit of the etores that give long credits to theii customers. Rcprosenlutlves of seelal Uige sloies have visited the exhibit ot Persian nit goods now being held in the Hush Tei -minal Sales Tltnlding, and negotiations weie said estciduj lo be under wnj foi the sale of some expeusne pieces Xlentioued among the contemplateil pui i liases were silk brocades of the thir tccnlli century valued as high as $1C00 No Change In Refined Sugars New Y01I1, Dec 4. No change was eportcd In the refined sugar market ..' ' 1 ..-i...frM today, Local refiners are still with drawn and pTlces nre unchanged at Sfc, less !i per cent for cash, for line ((ran ulated. Southern Rwvs Ss 2000 1000 1000 61 84 81 St L & San Fran In 1000 41 1000 41 Et Li San Vran a I 1000 87 4000 17 4000 57 6000 87 'V 1000 58 St L & San Fran A j NATIONAJLTAXAUDITBUREAUJ I Tax Krnerta and Ptilillr Arrnuntants I Have Removed Their Offices to I 708 Real Estate Trust Building ! ) Walnut 3286 Rare 006 Now is a Most Favorable Time n M'lite today for kcltcted lAst I'l'l.liS for you to obtain an interest in New England industrial concerns which are facing an era of remarkable pros perity. Wc have prepared a Selected List of high-grade Preferred Stocks of several old established New England Industrial Cor porations, which yield 6'2 to 8 Hollister,WMte & Go. Ixcoa.o.ATto North American Building PHILADELPHIA Providence SiuuiKdeld 8000 4006 18000 SOOO 16000 6000 ssa 64' 54'4 64i(. S4'4 8414 647. Bt L . San I'r.'in B 3000 3600 3000 3000 30000 3000 684 86 V;. 66" 67 667. 6674 St L & 3 West 6s 1000 69 'j 3000 68 6000 881,4 Third Ave liny adl 1000 4000 SOOO A000 3000 10000 10000 391 30 39 361. 381 38 29 Third Ae Ry 4s 1000 4000 U K of G 13 17000 6000 3000 3000 3000 1S0OO 18000 U K Of (.1 rets of '22 8000 35000 88000 50000 30000 U K Of rets of 8000 10000 3000 7000 5000 4000 3000 48', 48". & I '2 971$, 97, 97'i 97" 971, 97 97'. Ii & 97'i 07T4 977. 377i 97'i G B i 33 . 96'. 96'4 96'i 96'li 96', a6'S, 96', U K of U B & I ' 6000 1000 6000 10000 1O00O 30000 3000 1000 1000 SOOO 3000 1000 1000 1060 1000 u r n Ct 4s 8000 68 86 88 ax 86 88 88 87'. S7& 87 871, 88 87 5 88 87 '4 of 3 F en 36 U Railroads ot St V unct 4s 19000 5000 8000 3000 Union Pac Rllti SOOO , 83'. 1000 81 Union Pac R R fd 1000 ' . 75 Union Paoltlc 4s 36 36'4 36i 36 1000 4000 5000 10000 9000 G00O 3000 1000 4000 10000 6000 1000 83V4 63". 83 '6 flS'i 8J4 834 SS'j 8Sl) 8S 8314 83 V, 84 Union Pacific 6s 300O 101 3000 101J U S Rubber Es 1600O 81' 1000 851); ' 10000 86 1000 831, 5000 80 U S Steel Corp 5s 1000 98 1000 0814, 4000 08 1000 AH 7000 98 ii V Car-Chem Co 1st 1000 0414 Vir Railways 63 1000 84 1000 84 3000 8S 8000 8S)4 West Mar Jam! 4s 16000 54 Wen Shore R R 4 s 4000 7114 3000 71 West U Tel 4Hs 6000 61 Wilson Co jv S00O ... 96 W! Cent Rwy 4 s 1900 ... 65 OLD-ESrABI-ISnTJl BrIUth Arm at IiUh rtnaU ana wullent ntnnMtlon tdroaih. ilmjrea rorwwniBe. liiih American firms iyzfi&ls l- firs aT Do Your Christmas Shopping Early Liberty Bonds Bought, Sold and Quoted Call, Phone or Write Liberty Bond Department West & Co. 1417 CHESTNUT STREET Bell, Spruce 2S0 .v lork Flock I xdianss Keyttane, Race 2900 rhlludclplila Slock r.eliance We A'irnjs llarn on Ilnnil a I.l.t of High Uraila Ilondt Corrrapondence Intlted tiim&i&MaxfiiwAAJiM .11.";" "T--. .., ,, .ew-r .,. K.W . V . ...-.S""'-!-.. ir . AVfi Hffirm?v?Wa; vrZa,ifrlW3& i-0 t v Cigars for the World Made in Greater Philadelphia ; I 1 In each of the United States; on the high seas or beyond them you find Philadelphia made cigars. As a tobacco center Philadel--phia counts importantly ; in cigars its leader ship of the United States is indisputable. There were 1,151,177,000 cigars manu factured in the Philadelphia Revenue Dis trict in 1917, according to the last compil ation of the Commissioner of Internal Revenue. This is an output greater than the entire State production of Virginia, Mary land and Ohio combined. It far exceeds New York City and leads the next largest single district by more than 500,000,000 cigars. The raw materials used come from all over the world- some from points 12,500 miles away. Philadelphia made cigars are known the country over; the product of Otto Eisenlohr & Bros., Inc.; Bayuk Bros. Co.; Antonio Roig & Langsdorf ; Bobrow Bros.; Allen R. Cressman's Sons and many others are sold wherever men buy cigars. Although Philadelphia manufacturers are best known for their popular priced brands, many expensive cigars are manufac tured here. Some of the Philadelphia brands are priced as high as $300 a thousand ; retail ing at more than 30 cents each. The Corn Exchange National Bank re regards the manufacture of cigars and tobacco as one of the important industries of Metropolitan Philadelphia. CORN EXCHANGE NATIONAL BANK Philadelphia , Chestnut at Second i .ii ar'i iftiift.hEftfc a ; , , ...Jr ; mvf Str&fi "r "v t"" H53SE r i -y ) nr tot. nor inr buib rvb naan MiAitimwrm n
Significant historical Pennsylvania newspapers