'J ff , -"7V"lJl EVENING' PUBLIC LEDGEE-PHILADELPHIA, WEDNESDAY, DECEMBER 24, 1010 13 i maiMiw mmm insnss i - I if CAPimL $500,000,00 ff SURPLUS (EARNED) M ll $2f000000.00 I ' Jl vilxlh&SpringGardeitZf "vj-sob tr vmz i hCJV M Hk'S H Sell Money .Orders -V THE TURN We Sell Money .Orders and Drafts Payable in Austria Belgium Bulgaria Denmark Germany Holland Jugo-Slavia Luxemburg Norway Poland Roumania Serbia Sweden Switzerland at Lowest, Rates Apply to Our Foreign Department OF THE TIDE THE TIME TO BUY DONDS IS WHEN THE PRICE 18 LOW AND THE YIEL IB HIGH. THAT TIME 18 NOW. iTUDY THE EVIDENCE. SEND FOtl VOUF? COPY OF "THE TURN OF THB TIDE." fcflKER, AYLIKG & YOTO LANU HTkbDUlLDlNQ BO 61 ON PHILADELPHIA r!iin'i!?Mi!i!ii8inia!i!iiHiiii!a!uiiaji!iB!na:!i!in!naiQ BATTL.ES-&CO U NEW YORK BOND TRANSACTIONS Am Air & C Co 6 5000 . 0814 Am Aff & C C D Bs 10000 .... 08 6000 .... 00 14 Am S & net Co 03 10009 .... Am Tel & Tel clt 4000 .... 11 4000 .... nv looo .... nv Knnn .... 17.. Am Tel & Tel 6s m Investment Securities Established 1890 Independence Square, East jg UWQHlllllBCnMlillllBDBIiniBIHIIIiBa: 3 wm NATIONALTAXAUDITBUREAU Tax Experts and Tubllo Accountants Have Removed Their Offices to 708 Real Estate Trust Building Walnut 3588 Knee 008 10000 10000 8000 2000 . 13000 1000 4001) 13000 3000 6000 2000 20000 3000 B00O ion 80 70 70T. 70 70i)i 7O0i 80 70 70i , 70 , 70'i , 70 70Vj Control R R & B Co of Ga Co 10000 .... 81 Che & Ohio 4V4s 0000 .... 72,4 10000 .... 73 Ches & Ohio 6s 1000 .... 7U Chea fc Ohio ov 4g 1000 .... 61 Ches& Ohlocv 4VjB nNANCIAJ. m VvoJ Grace Steamship Co. '"6 Marine Equipmont lit Mtge. Serial Gold Bonds Strongly secured. Tho stock of this company, excepting only directors' shares, is owned by W. R. Grace & Co., present net worth over $50, 000,000, which agrees to pay sufficient charter hire to meet issue requirements. Due 1920 to 1934 At Prices to Yield 6 to 6 Circular on request for I'E-Slt ITieNationalGty Comoany Correspondent Ofloes in over BO Cities Philadelphia 1421 Cheitnut SL Atlantic City thaltonte Block 1225 Boardwalk HOTEL TRAYMOKK COMPANY FIBST MORTOAOE SIX IT.R CKNT 8INKINO rtiNi) ooi.n iionds. nun JANUARY 1, 1927. Pursuant to the. term ot the Trust Mort caco securing the above bonds, notice Is hereby Riven that tho following bond actrre eating 4102,300 have been drawn for pay ment for account of the Sinking Fund as of January 1. 1020: Denominations of JluoO Nos7 10. 11. 18. 45, 47. 00. 05. 00. 109, 117. 121. 181. 183. 185. 191. 271 285. 292. 334. 840 3, 400, 410, 411, 450, 480. 540. 500. (133. C2. 722. 732, 740, 773, 80S, 821, 033, MO 005, 1023. 1021. 1020, 1033, 1058. 1083, 1074. 1010, -.it.'.. HBO, '202. 1210. 1245. 1294, 1815. 1323, 1387. 1420, 14.00. 1471, 147.', HMO. 141111, 14UU, IWU". Jifin, ju.up, ion-,, 1604 1570, 1582. 1023. 1020. 1028. 1033, 1091 1095. 1701. 1711. 1740. 1753. 1757. 1701 1700, 1800. 18SO, 1882. 1889, 1001), 1M7 1010 1012. 1(124, 1014. 1018, 2011, ?033. 2074 2075.. 20S2 2007 2140. 2150. Denomination ot 500: No. 2218. The funds for tho payment of the above bonds are now -in deposit with the Trustee and the bonds will bo paid on presentation on nnd nfter January 2, 1020. at 102 and Interest to January 1. 1020. on which date nil Interest on said bonds will cease. OITAIUNTBE TRUST COMPANY. T'ustee. Ity Herman M. Syrherd. Vice President. Atlnntlv Cltv N J. December 3 101B. Am Tel & Tel 09 .. 08i .. 08"l . . 08i ..'98'U .. 08U . . 08 .. 118 Am Writ Paper 7 1000 .... 8S?i Anglo-French 53 5000 1000 ROOO 11000 10000 20000 1000 n.iriti llll'Tnvts! unvt rnMPANV SlnUInc Fund Purchase of Preferred Mock Pursuant to the agreement of David I.up- ton'a Sons Company and the undersigned, as t.,,.,... nF th. Mnlfini- fund, the tinder sinned hereby elves notice that it has re ceived notice rrom uavm j.uiiiu.i e Buu.wri nany that raid Company will deposit with the underslcned on or before January 2. 1020, the sum or rmny-ono -inoiisana inree Hun dred and Ninety-Seven Dollars nnd Blunts p.nt. (tai.an7.Rni. in tho Sinking Fund. provided under tho Agreement under which thn said Preferred stock was Issued, and that It Is its intention to apply salrl sum to tho purchase of shares of tho. Preferred stock aforesaid. Offers of said shares are in vlteil, at a. prlco not to exceed par and ac crued premium of ten per cent. Sealed lenders to be addressed to the Philadelphia Trust Company. Trustee of tho Slnklna Fund s foresaid, 415 Chestnut street. Philadelphia. Such offer will be received until three o'clock on December 20. 1010. ; PHILADELPHIA TRUST COMPANY Trustee JOHN C. WALLACE. Treasurer. Philadelphia. December 20. 1010, 1000 1000 10000 8000 17000 10000 0000 100000 2000 3000 2000 03000 2000 5000 5.000 10000 242000 800(1 Arriour 18000 10000 10000 05Mi .... OBMi , ... riBKi ,... 5Vi , ... 5Mi , . . . 05 0 .... 05V4 . ... 05 7 .... II5V4 .... 05 7 . . . . 95'.! . ... 05 7 . ... 05 . ... 03Mi . ... 5',4 03 . ... U5,4 .... 05 & Co 4S 82 82 82 Atch Trans S L Is sw vmj' v- - Investors read Ike WaO Street Journal Secretary Confidential Clerk Younff man, twenty-eight, now em ployed as secretary department store owner, desires change January 1st. Real estate, financial experience; capable tak ing charge correspondence. O 830 T.edrer Office Dividends - EAST COAST FISHERIES PRODUCTS 80. 7 Wall Street. New York December 15. 1919. DIVIDEND No. 1 The Board of Directors of this Company has declared a. quarterly dividend of 1 per cent on tne 1'rererrea hioch Jannary 1st. 1020. to stockholders December 27, 1010. MARK W. NORMAN. Treasurer, Stock, payable i recora XO Till; NTOCKIIOLDKKS OP TUli IUTTEMlnllSK TRUST CO. Philadelphia Notice Is hen by given that a Special Meeting of the Stockholders of tho Rltten- house Trust Co., pursuant to a resolution nf rhn flnnrri of Directors, adooted at a reml- .ar meeting on November 10, 1010, will be held on Monday, Jnnunry 19. 1020, at noon, at 1323 Walnut St.. Phlln., Pa., for the purpose of approving or disapproving a pro posed Increase of tho capital stock from two hundred nnd fifty thousand dollars (1250.000). consisting of flvo thousand shares of tho par value of llfty dollars each, to flvo hundred thousand dollars (J500.000), con sisting of five thousand shares of the par alii ot one hundred dollars each. S. W. WATERMAN. Secretary. 5000 .... Aich Top : 5000 1000O .... 1000 .... 5000 3000 ROOO .... 11000 .... 4000 .... 5000 20000 10000 .... 10000 4000 70V S F 4a 78 V 78 78 78U 78 78 78 70 70 78 79 70 79 FRETS! REALTY CO. The following Bonds. Nos. 87, 100, 108. 100, 102, have been drawn nnd are called for payment nnd accrued interest. Pay ments will be made on the first day of Jnn unry, 1020. at the ofllcc ot tho Real Estate Title Instininre nnd Trnst Company ot Philadelphia, Pa.. 523 Chestnut etreet. after which date all Interest on these bonds will ceuse. II. T!. CAMPntfLL, Treasurer. Annunl Meetings December 22, 1019. SUPERIORSTEELCORPORATIOrl At the regular meeting ot tho Directors it the Superior Steel Corporation n quarterly dividend of 94 of 1 und an extra dividend ef of 1 was declared on tho common slock. Both dividends nro payable February 2d, 1920, to stockholders of record, January 15h, 1020. II. I). SARCE. Secretary. December 18, 1919. HARItlSBURG LIGHT AND POWER COMPANY Htirrlr.liurfr, lu. The Board of Directors havo declared a regular quarterly dividend of one nnd nne hnlf per cent (1) on tho preferred stock of this Company, payablo December 31st. 1019. to stockholders of record December XHtrii Jul" H. W. STONR. Treasurer. TOE FIUXAII!T.ri!IA NATIONAL BANK Philadelphia, Pa. . .. . . December 23. 1010. The directors have this day declared a dividend of four per rent (1) for tho Inst three months, payable December m. 1010 Mo stockholders of record at the close of iuslnes.il December 23, 1010. Checks will be inaueu, O. HOWARD WOLFB, Cashier, THE PENNSYLVANIA COMPANY FOR ' INSURANCES ON LIVES AND ORANTINO ANNUITIES December 22, 1010. The Board cf Directors has this day de rlared a regular quarterly dividend of seven her cent ($7.00 per shnre), payable January fcth. 1920. to stockhoders of record at the close ot business on December 24th 1019 J. R. CARPENTER, Jr.. Treasurer. ' MANAYUNK NATIONAL HANK . . , . December 23, 1010. The Boird of Directors havo this day de rlared a femlnnnual divhlend of 7 and an rxtra dividend of 2 oiv the capital stock, payable on or after January 2. next, untl which dnto tho transfer books will remain closed. Dividend checliB will be mailed a EUOENE J, MORRIS. Cashier. ftmo lean Telephone a Telegraph Co. A dlvldendof Tw Dollars per share will he paid on Thursday, Jun. 15, 1020. to etsick holders of record at the close of hn.in.-. en Saturday, December 20, 1010. O. P. MILNE. Treaaurar. Office ot The United (lus Improvement C'e N. Corner llrond and Arch Street! Philadelphia, December 10, lj The Directors have this day declared a quarterly dividend of two per cent ($1.00 per shnrel payable January is, J020, ta atocknolders of record at tha close of busi ness December 31. 1010. Checks will ba S"l!ed, 1. W, MORRIS. Treasurer. i-5TUK GIKARD NATIONAL RANK IfcS? Philadelphia December 15, 1019, The Annual Meeting of the stockholders of tha Olrard National Hunk will bo held nt the Itnnkintr House. 110 South Third ,...,.. on Wednesday, the fourteenth day of Jan uary, 1UU. at ji o ciuck u. ni. At this meeting, uction will be taken upon a proposed amendment to the Articles of Association. Increasing tho maximum num ber of Directors to twenty-five, and an elec tion of Directors to servo for the ensuing year will be held, and action taken upon such other matters as may come before th(. meeting. By order of the Hoard of Directors JOSEPH WAYNE. JR., President. ntANKLlN NATIONAL HANK Chestnut Street west of Ilroad December 22, 1019. At a regular meeting of the Board of bl. rectors cf Mis Hank, held this day. it .. decided that tho Hscal year of the Bank ho changed to end on December 31st of ench year, and a dividend of three nnd one-thllrd per cent (3 1-3) per nnnum. for the twi months ending December 31. 10m, wo. JL ikV-f1. '"? Sfft? ana. liable Jjiiunrv I 1030. to stockholders of record at the icloii of business December 31. 1010. war. hardt. asnier. Atl Char 4s 6000 .... 87 1B000 .... 87 Atl Char 5a 2000 .... 87 400O .... 87 Ml Coast Lino clt 1000 80 3000 .... 00 6000 .... 08 Atl Coast Line 4s 0000 .... 77 Atl riulf "West 1ml a S Ylno 4 s 5000 .... 01 Atl Knox & Cln 4s 1000 .... 71'Jh 10000 .... 72 D & O Pitt L K & W Va System 4s 5000 .... 51 2000 .... 51 1000 .... 54 19000 .... 51 2000 .... 51 4000 .... 51 Baiumore & Ohio ov 30000 .... 73 10000 .... 73 10000 .... 73 100O .... 78 2000 .... 74 1000 .... 73 4000 .... 73 1000 .... 74 1000 .... 71 6000 .... 73 1000 .... 71 1000 .... 74 1000 .... 74 Chea & Ohio cv Cs 15000 .... 78 1000 .... 78 2500O .... 78 25000 .... 78 6000 .... 78 5001) .... 78 10000 .... 78 1000 .... 78 Chlcaco & Alton 3s 8000 .... HI 2000 .... Id Chi tc Alton 3'4 83000 .... 30 1000 .... 31 10000 .... 31 10000 .... 31 2700(1 .... .11 21000 .... 31 Chi IJ & Qulney Km 10000 .... 70 20000 .... 79 Chi II & Qulnoy 4s 14000 .... ol 2000 .... 05 10000 .... 1)4 4000 .... 81 10000 .... 01 ' 1000 .... 04 5000 .... 05 Chi & B 111 ct 4s 10000 .... 21 Chi & East 111 4s 6000 .... 23' Chi & Grt West 4s 3000 .... 52 5000 .... B2 2000 .... 82 14000 .... 6t 1000 .... 54 C M & St V Km 4 U 1000 .... 75 1000 .... 75 3000 .... 74 7000 74 Chi M & St P t ' I 4 3000 .... 60 23000 .... 68 15000 .... 69 H00O 58 2000 68 5000 58 Chi M & St P 4-3 25 1000 .... 09 Chi Mil & St P 4a 3000 .... 00 10000 .... 07 (1000 .... 07 0000 .... 07 Chi M &St Pcv4 Colo & Sou Rly t 1000 .... 83 1000 .... 83 Con Gaa Co en Bs 2000 .... 88 t CoiiboI Gns Co cv 1000 .... 90 1000 .... 90 Del & Hud Cannl cv 10000 .... 81 Del & Hud Canal (d 1000 .... 70 Denver & Rio O fd 1000 .... 44 10000 .... 43 Den & Rio Grand 4b 6000 .... 6B 3000 .... 80 Den & Rio Gr 4 4s 3000 .... 08 Den & Rio Grand Bs 1000 .... 70 Dom ot Cannda '21 looo 07 6000 .... 07 Dun of Canada '31 6000 .... 01 5000 .... 02 Krlo General Lien 6001) .... 41 10QO .... 11 1000 .... 41 Erl- Rail Road 4s 6000 .... 52 Erie Hall Rd cv A 5000 .... 34 Erie Hall Rd ov D 1000 .... 35 Erin Rail Rd cv D 10000 .. 1000 10000 2000 10000 2000 8000' 7000 0000 38 88 38 38 38 37 37 V 37 37 10000 .... 71 1000 .... 71 HOOD .... 71 K. City Ter Rly 4s 4000 .... 72 10000 .... 73 Kings a Elo RR 4s 6000 40 Lnck Slecl C of 23 2000 .... 04 Lacka Steel I of 60 1000 .... 01 L S & M S 3 4s 300( 00 2000 .... 09 I. tt Mich is ii 3000 .... 85 2000 85 I - v M S 4 Ml 1000 .... 83 10000 .... 83 LchlRh Vulley en 4s 5001) .... 70 2001) .... 70 13000 .... (19 Lehigh Valley Co 6s 6000 ....100 6000 100 Listen & My rs 6s 1(100 .... 80 Lone; Isl mi em 4s Bono .... 72 Lorlllnrd Co 7s 3000 ....108 Loins & Nashvl"e 4s 1000O .... 81 5000 .... 81 lonoo .... 81 300O .... 81 L & N R R & S lly Mono 4s 5000 00 Mnn I'.lo Ry St a 4 s 1000 .... novi Mldrnlo Steel Co 6s No Stales Power 5s 1000 82 Oregon Short L 4s 6000 .... 82 2000 .... 83 mono .... 83 Oregon Short L 6s 2000 .... 02 Ore Wash Hit Co ft Nav Co 4 s 5000 .... 70 6000 .... 70 5000 .... 70 3000 .... 7)1 5000 .... 70 Pac Gas & E Co 6s 1000 .... 81 Pacific Tel & Tel 6s 6000 .... 85 5000 .... 85 I'cnna RR 4s of '48 6000 .... 83 1000 .... 81 10000 .... 83 Pei.nsylvanla lilt 5s Great North Hv 1st 3000 .... 82 10000 .... 82 10000 .... 82 Hocking Valley 4 4 1000 ..... 70 6000 ...'. 70 3000 .... 71 II & Tex Cent 4s 2000 .... 01 Hudson & Man fd 20000 30011 nono (iflOl) 4000 20110 3000 10000 10000 81 82 82 82 82 82 82 81 5000 20011 18000 25000 2000 20000 30000 23400 22O0O 10000 6000 00 110 90 90 90 00.. 90 00 90 110 90 6000 7000 10000 310011 13000 13000 1000 1001) 17000 6000 6000 10000 1000 1000 6000 22000 100O 11000 57 67 57 57 37 67 67 67 67 57 87 57 57 57 57 67.. , B7 57 CHRISMS SPIRIT BUSINESS IN COTTON FUTURES IS LIMITED BEFOGGED MARKET St L & San Fran B 6000 .... 09 St L & So West en 1000 .... 62 S R M & O cert 4s 3000 .... 67 Syro Light Co Cs 2000 .... 73 Telin Coal, Iron ft R It Co 6s gin 2000 .... 1)0 17000 .... 91 Th ' Avo Rw adj Professional Element Alone Kept Machinery of Stock Ex change Going PRICES WERE FIRM Peiina R R en 4 4s 20000 1000 20000 6000 5000 58 68 68 68 57 67 THH IPi'r'i."' fJ'. MEEiiNu oF U2 l'ennsTlvnnln T.nm ,.,..,. Fire insurance Comnuny will be hei.i j Tuesday, January 27. 1020. nt 2:00 n n at olflco of the company, 800 LaftvJJVi Building. Northeast corner Fifth and oZJ. nut streets, Philadelphia. nna chest- EDWVvRD. is. HENSON. HARRY IIUMPHREYs"t recuretary. ir3STJNyN NATIONAL HANK u&' rniianeipnia. Pa.. Deo IS mm The Annual Meeting of tho stockholder.' .. this hank will be held nt the bankln, r"of en Tuesday. January 13tli. 1020. between the hours ot IB m. and 1 p, m.. tor the ellS? tion of directors and fir the transaction , tuch other business as may come before the mCC LOUIS N. SPIELBEROER. 'ashler. KSTF" FRANKLIN NATIONAL HANK & Chestnut. Street west . i , Philadelphia. Dpr.rnh..n. ,,.r.'I The Annual Meeting of tho ShnVi,i, f this bank for the election of DlrectT serve during the ensuing year will bThSH 1 the Banking House, on Tuesday, JanuJlViV 1020. between the hours of I! 'rfflw ,3 s"d 1 n. m. J. WM. HAHiW c0c,h,2,,?m 1000 5000 5000 10000 1000 1000 1000 2000 2000 8000 15000 3000 20q.00 2000 20000 3000 6000 4000 20000 1000 8000 4000 20000 1000 10000 5000 2000 2000 13000 50 69 69 58 59 50 59 58 59 58 58 59 38 50 59 69 59 58 59 59 59 69 58 69 58 68 59 59 68 Bnltlraoro & Ohio 4s 25000 3000 6000 3000 1000 5000 1000 4000 5000 5000 5000 6000 03 03 03 03 03 03 03 63 01 01 04 04 Baltimore & Ohio 5s Decemh.- ... ,-iA. . . v;rv .. lrS55 "' lunnaa CITY TCATinwi. ISf B.WK OF PHI LADKI ?t.iii':T,9AI . , .. Decern) The Annual Election of Dl hunk will be held at the bar Tuesday, the 13th day of Januw"u,1Vii' between the hours of 12 and 1 p. m 10-u' C. F. IIANn -anier. Special Meetings OFFICE OF INSURANCE COMPANY OF NORTH AMI'.llItj.t Third nnil Walnut Streets I-IIILADKLI'HIA A, Special meeting of the Stockholders of .., INSURANCE COMPANY OP NORTH AMERICA will be held at the office , S 'the Coninanv on Fr'ilay, February 6th, 1020. at MB,, to vote for or against the proposl' Hon of the Board of Directors to Increasi tha CPHal ock and Surplus,, Fund of the romeany by the Issue ot One Hundred ThSisatft (100.000) additional abareV ,lKach Stockholder to be entitled to eub orlbe for one (1) Khars on. account of "very four ') shares held. The amount to hi paid , for each shore shall I Twenty Dollars J20): I1Q of the proceeds of each hare to be placed to Capital Stock and lo to be added to the present Surplus of the Company jqhW KRT'MPn Secr.tsry IK35TnE ANNUAL MEETINOOFrTTT, !? Transportation JIiitnallnaoranL J,M! ,.nny will b- held at the oJIrfcS of th? m" nany. 220 Wa nut street. PhlladelDni.com' Tuesday. January 27. 1W0. a? i2DhJ on tlOOll -DCK HENRY P. CLARK. !!.,. NOTICE IS HEREBY GIVKNTTirrr, Annual Meetlne of the n.ii. "! AN tuat Insurance and Inspection Compv; tho olflce of the Company. 425 viZ; "' street, Philadelphia, Jnmwrv 22. inn ,. ' '"' C. II. JWNNMNOS, Sccreyv00- Annirnt Elections ,KS5F THE I'ENN MUTUAL TTiTl. J55 INSURANCE COMPANY1"" Philadelphia. December 20. loin The Annual Election for. nlno trustee t serve three vears will be held at "hi SSJ Sfflce of th; company In. the Penn Mutual Build ne. Jth and Walnut sts.. Philadelphia P on Moudoy, January 6. 1920. Ktween the hours of 10 a. m. nnd 3 p. m wlwe lDB " JOHN HUMPHRSts . Secretary and Trfaa.ur'.. tis5B0UT,,Si:'iil" ,lAT,n.NAI' uanjt1- Urvy Philadelphia. Pa. Tho annual election for Director" of this Bank will bo heM at the nsnkinc House .on luesday. January 18th. I02J, between the boure ot 10 o'clock a. m.ud la o'clock m. Cashl'sr. Proposnlw 5' ir-CHTHE MANAYUNK NATIONAL HANK iJjB Philadelphia. Dec. 12. 1010. election of oC , Mtln ftn4 '. Jinnim at U a. m. alii i. The Annual Meeting for the elec Directors of this psnk will be hld at the Hanking .vuv, l1'1"". r, lsWwawa tte Imom fXfJT "Wu OFFICE OF JoJjSTltUCTlON Aberdeen I'rovlng tirounj. Md. Sealed proposals will bs rerelved at ffili m. until 10 n. m. December smi, li.i and then opened, for providing foundations nnd re-erectlng. wllh slight 'illeralloua steel machine shop building. 194x340 feet. llt the Aberdeen Proving (Iround. Md. pisns end Siclcatlons must be examined at tho office of the Construction Officer, Aberdeen Prov ing (Iround Md PROPOSALS FOR UIIKLAP OFFICE OF the Quartermaster neneral. Clothing "aud Equipage Division, Munitions llldg.. Wash. Instoi). D. C. .... flesica proooaais. in aupiicBio.will be re. ved hero until 110 a. o January J, 11000 9000 18000 60000 6000 5001) 2000 1000O 10000 .1000 11000 5000 0000 2000 2009 1000 00 00 00 50 00 00 00 59 60 60 59 00 60 00 00 60 Ha. i. more & Ohio 6s 10000 400O 2000 5000 2000 2000 3000 2000 1000 1000 87 87 87 87 87 88 87 90 00 87 7000 . 2000 . 1000 . 10000 . 24001) . 2000 . 8000 . 10000 . 6000 . 8000 . 1000 . 1000 . 18000 . 2000 . 1000 . 0000 . 1001) . 3000 . 2000 . 20000 . 1000 . 1000O . 5000 . 20000 . 10000 . 15000 . 1000 . 6000 . 6000 . Chi M & 5000 . 10000 . 3000 . 3000 . 2000 . 0000 . 2000 . 2000 . 3000 . 2000 . 10000 . 10000 01 . .. 63 ,.. l ..fit ,. . 61 ... 01 . .. 61 . .. 61 , . . 63 ...01 4- . . . 63 . .. 03 ... 04 . .. 64 ... 01 ... 61 ...64 . .. 63 . .. 03 ... 01. . . .. 04 ... 04 ...64 . . . 64 ... 01 . .. 05 . .. 05 ...65 St P CV 5s ... 01. ...61 ... 64 ... 64 ... 05 ... 01 ... 65. ... 05 ... 65 .v. 66 ... 81', 4 ...05 Hud & Manhat In 21000 .... irv Illinois Central Id 2000 .... 76 10000 .... 70 17000 .... 76 10000 .... 70 50000 .... 76 Illinois Central 54s looo .... 92 1 1000 .... 92 111 Cent 4b of SI 1000 .... 60 111 Steel Co 4 4s 10000 .... 83 Im J Gov Is eng sta looo .... 70 1000 .... 78 10000 .... 79 ' 3000 .... 70 10000 .... 80 5000 .... 79 Imp Jap Gov't 1st 9000 ..".. 77 Imp Jap Gvt 2d gs 2000 78 Imp Jap Govt 4s 1000 00 I J (5 French sta Is 3000 .... 61 Indiana Steel Co 6s 1000 .... 03 Int Mer Marino 5s 1000 .... 81 In Mer Jlarlno 6s 15000 .... 91 6000 .... 91 3000 .... 01 6000 91 Interna'l Paper 4s 6000 .... 6iss 1000 .... 61 Inter Met Co t 4 4s Minn & St Louis 4s 3000 .... 3(1 M K & Tex 2nd ct 1('"ii(i .... 28 10000 .... 28 . v & Tex fd ct 15000 .... 35 M" 'Can & Tex 4s 4001") .... 68 Mo 1'aclflo 4s 10(10 .... 72 5000 .... 78 Mu I'aclflc 21)110(1 ... Chi M & St P D 4s 10000 .... 57 1000 .... 57 10000 .... 57 MOO .... 57 Chi & NT West gm 3000 .... 77 Chi & .Nwest gm 5s 10000 .... 77 Chi & N W 34 6000 .... 08 Chi & N W Bs of 87 4000 .... 07 2000 .... 06 Chi & Nwest cxt 4s 10000 88 Chicago Rwys Co 5s 8000 .... 03 Chi It & Pacific fd 1000 12000 6000 2000 7000 3000 3000 1000 18000 1000 3000 4000 1000 8000 66 66 60 60 07 60 60 67 60 06 60 06 67 07 11000 7001) 13000 1 DOtlO 10001) 5000 10110 6000 1000 Mo' . 1000 100(1 1000 6000 2000 I'CI" .1 I 6000 15000 6001) 21)1111 1)100 250110 10011 1000 1700O Cs gm 4 s 50 57 .... 67 U 57 57 57 .... 57 .... 57 67 57 ower Co 81 83 N R 11 Co of At 4 4 2000 .... S3 N O Tex & Mex 4s 1000 .... 63 0000 .... 62?s N Y C&II R R34 2000 .... 08 N Y C & Hit Itll 4s 5000 .... 79 10000 .... 79 NYC ei 11R H cn 4s 1001) 1000 1000 2000 N ('& H R II 4 4 1000 79 N YC & II R RR 6s 09 69 69 69 ... 80 . . . 90 . .. 80 R gm 4 4s ...81 ...81 .. . 81 . .. 81 . .. 81 ... 81 ...81 . .. 81 . . . HI ... 81 81 Peoria & East In oooo .... 18 61)01) .... 18 Peoria & East 1st 7000 .... 51 Pore Marquette 6s 2000 .... 8.". 1001) .... 85 20(10 .... 85 Pin.. i Co cv or 22 6000 .... 80 Ppb Ker C of N J 5s ' 4000 .... 57 2000 . . M 67 H. ti.ng It R 4s 79 79 79 794 Hk I Ark &. L 4 4s 1 nooo 60 Sen hoard Air I. fd 15000 ... 7000 ... 15000 ... 4000 ... 10000 ... 10000 ... 29000 ... Third Avo 1000 T St I. 13000 37 27 27 27 27 27 27 Rly 4s ... 49 & West 4 s ...44 Offerings Continue Small, Re sulting in Firm Undertone Despite Narrow Trade supplies of raw t'ntlon lo buy trom tbit present crop. Tho exports wcTtt l.t.cTil bales, nil to tho continent. Clearance for tbc season to date were 2,HXi,'M2 bnlcs, compared wllh 1,?,'0,K12 bales for the correspond ing period insc sensou i eel, loaiyn nose open H'1.00 37.20 35.03 32.M.-I 31.16 28.60 Deo March Anv . July Oct. , V K of O B & t 21 05 1)3 05 1)5 95 1 94 1)3 95. 10000 10000 8000 1 0001) 1000(1 25000 6000 43001) 10000 10000 101)01) 6000 Utitd 1C of G B & I .. of '22 100(1 . 9000 . 1(100 . 1001) . 8000 . 85000 . 53000 . 79000 . 10U000 . U IC of rets of 7000 . 5000 . 6000 . 7000 . 25000 . 5000 . 3000 . 1000 .. 00 . . 911 , .. 90 . .. 96 ,.. 96 . .. 90 , .. 95 , .. 90 , . . 90 C, B & 29 ... 01 , .. 94 . .. 05 . .. IU . .. 94 . .. 94 . .. 1)1 111 Slock sales lodav mi (lie New Yorlt KxrliHtiec. us rnimilleil by tho Kvelilns Sun, totaled Oil, .'00 share. New York, Dec. 21. The New Yorlc Evenlni; Sun's closing iinnnelnl review today says : , Wnll street was redolent today with tho pmnjcnt fragrancy of bnlsnm nnd pine nnd colorful with red bcUs. ever green wreaths und tinsel peiulauts, so much so, Indeed, thnt the scrurilies market wui quite befoKged In tho nll- prrvnding Christmas atmosphere. It wore as though hiimnn nature were bout on asserting itself in its finer man ifestations, nnd every one seeined glad to leave olT tho course pursuit of gain. The few who, through force of IniMl, lingered idly nbout the commission houses displayed only the mo.-t ner- j funilory interest in Hie ticker tape. There was. fur mure discussion of bonuses tluiii of bulls or benr, of the ilillicuUics of shopping than of the world's economic ills. The professional t lenient .ilcne kept the machinery of the Stock l'xeliunge going, attending to the I barest need for adjustment of accounts i for the holiday recess m some cases j and for the balance of the week iu others. Trading was accordingly in ' minimum volume and nriee movements narrow, though distinctly linn. The industrial list included Severn1 issues which nt intervals were bid un briskly, including the guaranteed stock of the Manhattan Klevated. American lee, which was bought because of the resumption of dividend pnyments; Rem ington Typewriter, the tobacco, group, American Linseed, California Packing nnd so on. Tho steels and copper's were fractionally higher. COTTON nnt.T WEATHER CONDHONfl New York, Dec. 24. The following tem peratures were recorded In the cotton belt fills mnrnl"' Chattn"miiin. 21- Wl' lig ton and Oklahoma. 30: Abilene, Knox vine. Nishvllle and Aumiita 32" l.lMe Rock. Meridian and Macon. 31 1 Memphis nnd Atlanta ;!0; Thomasvllle. !ISi Sa vannah. Jacksonville. Mnntenerv ,nd Fort Smith. 40s Charleston and Tampa, 42. and shrevenort S- An"- " vr-l-. burg, flalvestmi and New Orleans, 62. Thcro was . 01-Inch ot precipitation at Memphis und Nashville. Now York, Dec. 24. Offerings on the cotton exchnnge continued very small in the early afternoon, resulting In u firm undertone, despito nnrrow business. December notices wcro virtually nit sfoiineil by the sumo snot firm which has taken lip the bulk of tenders previ ously this mouth, nnd this house, It it undestood, now controls the local stock. Kastcrn spinners are reported to be largely short of "call" cotton in the locul market nnd lo still have large . . .38.40 ...37.14 . ..34.1)1 ...32.72 . ..80.08 ...28.15 11:00 a, m, 33.20 31,31 1:30 37.20 R5.no .13.30 31 10 1:30 P. in. 85.11 i 33.20 SI. 87 Trading Quiet on Paris Bourse lnrl lien i .IVtwltt... ..... nt.t ........ U..1-. h .. ........up, ii ua ,uii;i, on tho Ilourso today. Three per ccTit I'nnlou ti'nrn minted nt ftD f. .,... n. change on London, 40f tiOc! 5 per cent i ooe on- mi.- .iii " .. iuuii. ooi -uu, j.nc uuiiur was uuoieu nt lOf DO. BUILDERS' I MILLWORK Doors, Sash, Mouldings, Columns, Etc. THE HANEY-WHITE CO. Plant j:;: 17lh and Glenwood Ave, ::j Office and Warehouse :: 21st and Glenwood Ave. ijij Lists From Plans and ji;i Estimates Given Sj aass 10000 10000 10000 10000 5000 10000 6000 9000 10000 10 16 16 13 15 10 16 15 10 Interb Met Co 4 4s 15 10 16 16 10 16 13 16 16 10 1 1(1 10 10 10 16 16 16 16 16 16 15 10 16 15 15 15 15 15 16 10 10 16 1000 3000 2000 5000 1000 1000 15000 20000 10000 10000 30000 6000 20000 10000 4000 5000 15000 13000 5000 8000 170011 10000 1000 19000 22000 51000 9000 28000 51000 20000 10000 1000O 600(1 Int Hap Transit fd Chi Union Sta 4 4s 1000 .... 81 2000 .... 81 Chi & West Ind 4s 2000 .... 67 Chllo' Copper Co 6s Beth Steel Corp fd 3000 .... 87 ' 1000 .... 87 11000 .... 87 5000 ...,. 87 Beih Steel 5s of 'JB 3000 .... 83 Beh Steel Corp 1st 1000 .... 00 Brk Rapid Trans 4s 2000 .... 20 13090 .... 27 Brk Hap Trans 6s 8000 .... 33 2000 .... 43 Bk nap T ct Sta 7b 6000 .... 42 17000 .... 41 32000 .... 40 Brk R Trans ct In 8000 .... 45 Brook Un Elev 1st 6000 .... 00 Brk Union Elev 5s 6000 .... 40 Cent of Georgia 6s 2000 .... 03 Central Leather 5s looo .... 03 4000 .... 05 2000 .... 90 1000 .... 05 1000 , ... 95 1000 05 Central Padna let S84HJ .... 75 '.. 1 10000 10000 1000 4000 5000 10000 30000 17000 12000 2000 10000 10000 6000 10000 5000 80 81 81 80 80 80 81 80 81 80 80 80 80 80 80 C O Hu-Kang R 6s 1000 .... 48 10000 ,.T. 60 City of Lyons 6s 13000 .... 03 C of N Y 4s of May 67 50000 ,...100 SOOO ....100 City of Paris 6s ssooo 3000 3000 6000 5000 1000 03 . 02 . 03 . 93 .,93 u.i City of Toklo 6s 18000 .... 87 C C C St ! gm4s 2000 .... 02 1000 .... U2 5000 .... 02 8000 .... 61 c c c & at l 44 1000 .... 70 Colo Fuel & Iron 5s 6000 .... 80 Colo Induct Co 6a SOW .,,, 7B 0OM i 7 25000 10000 1000 2000 100001 3000 7000 10000 12000 10000 0000 32000 31000 4000 6000 3000 5000 46000 1000 13000 1000 10000 10000 10000 20000 10000 10000 23000 26000 1000 1000 6000 5000 3000 10000 6000 30000 10000 3000 14000 1000 sooo 5000 4000 80000 51 62 50 61 51 Vi 51 61 61 61 31 51 53 51 51 51 62 51 63 61 62 63 V 62 52 81 62 S3 51 51 63 51 51 81 51 51 51 62 51 53 . 53 53 , 63 . -53 , 62 52 4000 4000 .... 5000 .... 20000 .... 29000 .... 1000 .... 4000 .... 5000 10000 5000 1000 15000 .... 3001) .... 10000 .... 10000 .... 15000 .... 25000 1000 .... 10000 .... 10000 10000 10000 1000 .... N Y Cent L 7000 NY O & St I ' 1000 5000 .... 00 1)0 90 90 90 90 90 90 90 90 00 01) 90 00 00 90 90 00 90 90 90 1)0 99 f -as 00 i Ry 4s 80 79 1000 80 N Y C ft St L D 4s 2000 60 8000 00 N. Y Gas Heat & Kleo L & P Co 4s 2000 I 2000 OlOf, N Y Gas & Klec L " H & Power Co 6b 2000 5000 2000 1000 4000 NY Nil 5000 81 81 . . . fi 2 ? a . ... 81- 81 & II 4n '50 tfi 3000 .... 38 1000 37 2000 .... 38 1001) .... 38 30110 .... 38 20110 .... 37 1000 .... 37 61)01) .... 30 100(1 .... 34 4000 .... 31 1000 .... 37 Seaboard Air L aj 6000 3 1 5000 .... 31 10110 .... 31 10001) 31 1600(1 31 lOOO 31 Seaboard A Lino B 20000 08 Southern Pacific T 8000 .... 71 Southern Paclflo fd 10000 .... 77 14000 .... 77 5000 .... 77. . 4000 .... 77 3000 .... 77 1000 .... 77 4000- .... 77 5000 .... 77 Southern Pacific 4s SOOO 70 5000 .... 70 South Pacific cv 4s 14000 6000 10000 5001) 6000 4000 10000 78 70 79 79 7!) 79 79 South Pacific cv 0s 5000 ....104 2000 101 Southern Hailys 4n C K of G B & I 37 6000 .... 87 2000 87 1000 .... 87 100(10 .... 87 2001) .... 87 6000 .... 87 i 1000 .... 87 ' 1000 .... 87 6000 .... 87 5000 .... 86 3000 .... 87 , 10000 .... 87 , 10000 .... 87 10000 .... 87 15000 80 j 20110 .... 87 10000 8(1 10000 .... 80 i 23000 .... 80 Vi i 4000 8fl'j Union I'uo RR cv i 10000 .... 80 j 20000 86 Union Pacific HH fd 2000 .... 77 I 2000 .... 78 1 Union Pacific Hit 4 5000 .... 8 1 J 2000 8t i 1000 81 t U It n of S F 0l ct 4s 10000 .... 20 2000 .... 20 U R of S V un ct 4s 10000 .... 20 5000 .... 26 U S Rubber Co 5s 7000 .... 87 23000 .... 87 2000 .... 86 10000 .... 87 2000 .... 87 10000 .... 87 2000 .... 87 10000 10000 . . 7000 . . 60000 . . 1000 .. 5001) . . 200O . . 5000 .. Southern 6000 . . 5000 . , 10000 . 30 59 59 .. 59 . . (II) . . 59 .. (II) .. 69 Rlwys 5s .. 85 .. 87 . . 80 Iowa Central RR 4a 1000 .... 36 K C Ft S s 11 4s 1009 .... 03 Kansas City So 5s 10000 looo 9000 5000 6000 4000 10000 ioeo 73 .... 71 .... 717. ....711i 73 .... 719a-' .... 71?fc N Y N II & II Cs 6000 .... 00 5000 00 v1000 .... 60 1000 05 N Y L & W R 4b 4000 93 N Y State Rys 4 4s 1001) .... 19 76000 50 N Hallways s 2000 20 2000 26 N Itwys ct 4s 13000 fi'j 2000 .... 27 N Y Railways ct 5s 3000 .... 6 25000 .... 6 30000 7 6000 .... 0 N Telephone 'is 25000 .... 78 6000 79 10000 .... 79 6090 .... 70 1000 70 5000 .... 79 Vi 8000 ,.79 10000 ,.79' 1000 .... 79 1000O .... 79. . 10000 .... 70 1090 .... 79 1O0O .... 79 Vi 1000 79 10000 . ... 80 lOOO"-. ... 80 N Y Telephones 6s 10000 .... 94 3000 .... 94 N Y W C & B 1st 1000 .... 35 KYWC4IHi il'fO .... 33 1000 35 3000 354 1000 .... 3(1 2000 .... 3? 6000 ..', . 35 Norf & Western 4a 3000 .... 77 1000O .... 77 St L I JU & S HIT & Gulf Dlv 4s 8000 .... 09 St L & San Fran al 1000 .... 69 2000 .... 58 2000 .... 58' 5000 .... 58 9000 .... 38 1000 .... 69 3000 .... 68 3000 .... 08 2000 .... 68 1000 .... 58 6000 59 11000 .... 59 1000 .... 58 St L & San Fran In 11000 13 1000 .... 42 1000 .... 42 5000 .... 13 "" 1000 .... 43 22000 .... 13 2000 .... 13 St L & San Fran A 10000 .... 57 VI 25000 .... 57 10000 .... 57 V S Rubber 7s 5s The Function of Credit Insurance What a merchant owes must be paid from what others owe him. His prosperity is impaired to the extent he fails to collect his accounts. The bad debt losses are greater than the fire losses. Goods shipped are in greater peril than goods in stock. The Function of Credit Insurance is: (1) To reimburse the merchant for losses in excess of the normal loss inherent in his line of business. (2) To promote provident selling. (3) To furnish superior collection service to policy holders. This the American Company does successfully, to the material (rood of the financial and commercial commu njfy. The Policy is Unlimited. An inquiry will briiijj you, without any obligation, the normal credit loss figures for your particular line of business. Write or phone us today. AMERICAN CREDIT-INDEMNITY CO. of NEW YORK E.M. TREAT, president, W. J. Morphy, Manager J. F. McFndtlcn, Gen. Agt. Mutual Life of N. Y. Bldg.' Phone Filbert SS03 Philadelphia, Pa. A Valuable Book For Every Man It tells the General Rules of Trading, deposit requirements, brokers' commission charges, stock holders rights, how to group investments, etc. The experienced .trader as well as the man to whom the market is strange ground will find this book helpful. No charge. Edi tion limited. Call, phone or write. Ask for No. T.U.-665 JONES & BAKER SECURITIES Widcner Bldg., Philadelphia Phones Bell, Walnut 6065 Keystone, Race 2290 Direct Private Wires New York Detroit Pittsburgh Chicago Baltimore Boston mil Vlr Iron C & C 1st 1000 01 Vlr Ry & Pow Co 5s 2000 70 YVahash R R Co 1st 2000 89 8000 .... 89 WnhiiHh RR Co 2nd 1000 80 West Maryland 4s 2000 .... 47 8000 .... 47 Vi 4000 .... 47 West tacltla RR 1st 10000 80. . West Sh RR res 4s 5000 70 W&LUrlo Ry 4B 2000 .... 19 Wilson Cpinpany cv 300B .... 05 3000 .... 95 Wilson Company lsl 1000 .... 97 3000 .... 90 8000 ! 1000 .... 97 5000 .... 97 2000 .... 97 Wis Central Rly 4s 15000 .... 05 Totals. $32,430,000, compared with R6. 116,000 jesterday. Thus fur this weeK i)3. .',01.000. Samo period last week, So,lJO,- Nor & West cv 6s 10000 ,.,.103 OOOO '....103 13000 1031k 0000 ....103 Northern Pacific 3s 14000 .... 51 Northern Pacific, 4s 4000 15000 sooo 10000 78 78 78 78 78 77 IS .01.000. 000. r,u 1? JHis Libit 1st -Is Lib R 2d -Is Lib 15 1st -I'is... Lib 11 2d His.... Lib 15 M 4148.... Lib 15 4th 41iS., Vic N Wi. Vic N 4b llish Low Close , !)!).20 IW.02 IK1.02 . 112. ko tpj.no o'j r.ii , Ol.I'iS (11.20 f)I.:!2 , 11:1.22 j.i:i.is iBi.20 , !)l.:i(i JU.22 lll.HO , IKS.DO Ki.ltl 1KI.no , 111.40 1)1.24 II1.KS , ns.'.M os.ss ns.tm , 110 .01) 0S.S1 DS.02 The Motion Picture Industry in the United States today yields a gross yearly income of about $750, 000,000. One of the largest and most successful motion picture com panies is Famous Players-Lasky Corporation. We offer the 8 Cumulative Con vertible Preferred Stock of this cor poration at $100 per share and ac crued dividend. " For particulars No. 7352. ask for circular Bonbright & Company MOHK1H WISTAH STHOUI), JH Manutrr 437 Chestnut St., Philadelphia MJW YOltK HUSTON (JHIC'AOO IIKTHOIT CIEIfTMAEi Market andlburthStS. a PHILADELPHIA a The Spirit of Service It is the aim of this institution to be- n co worker with its custo mers and to provide for th'6ir needs, efficiently, of course, but more than that, with the spirit of helpful service. The Uanl: of Personal Service CAPITAL C- SURPLUS 1.350,000.22 y LONDON METAL MARKET ;4 Cable advices re York Metal nxchanro ih s mornlntr nuoted "flees In London as r! inwa: Tin Hoot 320 5s, an advance of New l'ork. Ieo. ceived St tha New 5- futures, 331. u Bain of 5 Bs. Htralts, JSJi. r. VA ,,ntiirn nf 5. 10a. Ba ea SDOt 10 tons; futures. 480 tons. Rtondaril iop J,,rSnot 10(1 tOs. a rise ot 2 6s; fulures. 108 Cs ti BUhl Of 2 10s Sales-Spot .200 tons' futures. 1000 tons. Klectroljlle rnnijcr-'Spot. 115? futures. 118. un changed Lead- Spot. 14 10s; futures. 44 16s both up IDs. P Spelter-Spot. 55 15s; ri Mires. 50 10s. Loth up 1 10s. I Send for "Bond TaW Mrv-v-kss INCOSPOBATeO US Broadway Stock Kxch. nid-.. NEW YOIlK 013 Main SI nn'ooEPOirr PHILADELPHIA 0O Stat St. I10STON ERNST & ERNST TAX SERVICE AUDITS AND SYSTEMS PHILADELPHIA 2023-2024- LAND TITLE BUILDING. TcJcphoncLocusl 2681 NEW YORK PITTSBURGH FORT WORTH TOLEDO HOUSTON ATLANTA QOSTON ST. LOUIS CINCINNATI DALLAS DUFFALO KANSAS CITY CHICAGO CLEVELAND DETROIT MINNEAPOLIS WASHINGTON INDIANAPOLIS Dividend WESTERN POWER CORPORATION . , p m-.nl... V . ... J .1. .... .. Vtktarteriy dividend of one and one-Lull (1) r:3. ...-.I nn ih. ureferred stoclc. navahi. iunnarr 15, 1920, to stockholders of record It "bo closs of buslnesUeceinberJWli), N.vr Torst., Pceerober S3., 1919. Secretary. EXKCUTOIt TKUbTEl. CHAKTEUKI) 1803 FIDELITY TRUST COMPANY Member Federal Reserve System Capital $5,000,000 Surplus $16,000,000 Main Office: 325-331 Chestnut St. 43-53 S. Fourth SL ADMINISTRATOR (18 Broad Street Office: N. E. Cor. of Broad and Chestnut Sts. OUARULVN Service and Stability An Enjoyable Christmaj is our wish to every one, with continued prosperity and satisfaction. Wo particularly enjoy knowing that we havo de livered satisfactory bank inp; service to the business men with whom wo have become associated and arc ready to duplicate the i-ei'vjco next year to our clients. )'c Invite- You to Join (Vs Integrity Trust Company Fourth and Green Streets Capital $500,000 Surplus & Profit . . .$1,660,000 1817 1919 Association OF PHILADELPHIA N. W. Cor. 4lh & Walnut has given Its policy Holders Bollil Indemnity for more than one hundred years und has never been po Strong financially as now. Havo you u policy Id this old, nnd rellnlile Company? CHARTER PERPETUAL Ullllllllllllllllllllllllllllllllllllllllllllll INSURANCE AGAINST E ' Riot & Civil Comraolioa E E Commercial Union Assurance E Co. and E Queen Insurance Co. of E America , S WILLIAMS & WALTON 41C-430 Wnlnut Pt PfrHa. I; '-' . 4 , 'I! I it .1 V o '4 ,: V,