-w. V EYBNIHGT PtTBIftG tBDGEB-PHTLABElSP.HlA:, THUESDIy? JAOTTRY 8, 1920 I ' r ii . i i iii i gijj.Bw.gjissssjasjsa III-- I y (f f Pathe Frerbs Phonograph Company has the exclusive right to use this well known trade mark on phonographs and records in North America, most of South America, Great Britain, Ireland and all the British Colonies except Egypt. Pathe phonographs feature the permanent sapphire ball needle, and play all disc records. A newly developed Pathe phonograph, without horn or tone arm tube, reproduces music in full volume without metallic tone, and is said to be one of the greatest improve ments made since the invention of the phonograph. The company reports present business 1500 "greater than that of 191 6 and 300 greater than" 19 18 and that present unfilled orders exceed the gross business of any previous year. Net earnings estimated by the company for 191 9, after all taxes, exceed seven times the dividend require ment of the following new issue: 1,000,000 PATHE FRERES PHONOGRAPH CO. Cumulative Sinking Fund Debenture Stock Preferred as to Assets and Dividends Circular, including letter from Mr. Eugene A. Widmann, President of the Company, showing assets, earnings, sinking fund provisions, restrictions and other details will be sent upon request We offer this stock subject to prior sale and increase in price at 100 and Accrued Dividend to yield 8 MONTGOMERY & CO. 133 So. Fourth St. New York Philadelphia Chicago This Information and these statistics are not guaranteed, but hao been obtained from :,ourccs we believe to be accurate. Under Management of Day & Zimmermann, Inc. Penn Central Light & Power Company's Transmission Lines Run right through the middle of some of the richest coun ties of Pennsylvania, paralleling the main line of the Penn sylvania Railroad, with power stations and sub-stations located in position of strategic importance. All this is reflected in the business and earnings as per the following charts: PnCiimiluAc' --. I VCWftGatiuTrow'PuixMASBi , JTOMlLL fff "I xom 1 11 i 1 -Wood I hi i Ml -- I l i J I amooo- I fir?' JJJJTI 11111 -X W2teaSlW!&L .'iiCnTUili?& I 1 I VUttt) Iww I I aciKO y. I tecwM 13. I I I I J 4?A , jS 1 1- A& I & 1111111111" Hio community served by the Penn Central Light and Power Company is progressive, we inhabitants aro prosperous and Electricity, both for lighting and power, shows a steady and increasing use. With so many natural advantages for success, plus a physical equipment, modern in every detail, directed by a management energetic und efficient, tha curve of Increase la both business and earnings is a natural sequence which it is only reasonablo to Presume will keep, pace with that of the territory in which the company is located. Brown Brothers & Co. Fourth & Cheatout Sta. Robt. Glendinning & Co. 400 Chestnut St. W. H. Newbold's Son & Co, 511 Chestnut St Frazier & Co. Broad & Sansom Sis. NEW YORK BOND SALES Summary of Individual Transactions on New York Exchauge Ain S & Ret Co Ca 1000 .... 80V1 10000 .... 80 V4 m Tel & Tel olt 17000 .... 70 Am Tl & Tel St 1000 ... 83 3000 .... 83H 1000 .... S3H 2000 .... 88 8000 .... 83 4000 .... 83 ini Tl & Tel 6 aooo .... oo? 0000 .... 89 1000 .... 00 1000 .... o 3000 .... 00 aooo .... 00 Ann Arb IUI fo ts 1000 .... 53 Analo-French B Ba 4000 Issoooo 2000 18000 80000 25000 1000 6000 42000 S00O 2000 4000 10000 2000 22000 0800 3000 2000 1000 08 06 5 00 00 00 08 5 06 08 96 00 96 06 06 0 98 06 5 96 96 98 96 4000 .... 78 4000 .... 78 Chi 4 W Ind n in 1000 .... 60 4000 ..'.. 00 Chili Copper 6a 2000 ,... 84 4000 .... 84 14000 .. 84 City of Bordeaux 6a 10000 .... 02 Citj of Marso 6i 6000 .... 92 C nl ,N Y Ha ot S9 4000 .... 89 City of Paris B 8a 1000 18000 1000 8000 8000 1000 1000 .'02 92 92 02 92 92 92 Argetlno Repub 6s 1000 .... 71 mM ,Vtch Top &SFW 2000 .... 19 TJSF cv 4' '60 10000 .... 69 I'cli T & S V atJJ 1000 .... 71 v h T & S F is 3000 .... 70 1000 .... 70 11000 .... 70 7000 .... 80 6000 .... 19 7000 .... 70 tl Coast Line clt 5000 .... 72 V(J Coast Lin? 4 10000 .... 70 1000 .... 10 tl Coast Lino Bs 3000 . 98 2000 .... 08 Ualt & O P L E & West Vlr S 1000. ... 60 & O Sweat 3s 8000 .... 76 5000 .... 70 Imore & Ohio or 1000 .... 83 5000 .... 64 3000 .... 64 2000 .... 83 1000 .... 68 1000- .... 63 t & Ohio :i4 10000 .... 82 2000 .... 83 1000 .... 83 0000 .... 83 nltlmore & Ohio 4s 3000 .... 08 5000 .... 68 3000 .... 67 2000 .... 67 1000 .... 07 1000 .... 67 1000 .... 67 iltlmore & Ohio 6s 2000 1000 0000 2000 2000 5000 5000 1000 1000 07 67 66 66 67 67 67 67 67 t Imore & Ohio 8s 1000 .... 91 1000 00 Beth Steel Corp fd 3000 .... 86 rirk Rapid Trans 7a 1000 .... 48 iok Un Elev 1st 1000 .... 61 flUBli Term Bldg 4s 3000 .... 70 Hush Terminal Es 1000 .... 80 1000 .... 80 "ent of Georgia 8s 2000 .... 03 nt Leather Co Ss 1000 .... 96 1000 .... 06 1000 .... 00 Cent R R of N J 4s 0000 .... 70 Ches & Ohio 5s 3000 .... 03 3000 .... 94 Ches & Ohio cv 4 Vis City of Toklo 5s 1000 .... 00 CCC&8tLgm4s 1000 .... 88 3000 .... 63 1000 .... 04 Com Tab & R Co 8a 1000 .... 88 2000 .... 88 Connol das o cv 1000 .... 90 Cumli T&Ti'oti 1000 .... 84 Den & Rio Qrnn.l Is 1000 .... 85 8000 .... 60 Detroit Tunnel 4s 4000 .... 76 Pom of Can of 26 1000 .... 03 1000 .... 98 Dom of Can of 31 2000 01 HTW' rtencral Lien 10000 . .. 41 15000 .... 42 1000 .... 41 1000 .... 41 Erie Rail Rd Cv A 2000 .... 37 Erie RallRoad cv D 1000 .... 80 Erl nail Road 4s 4000 ... 54 Ft Worth & D C 1st 3000 98 F E Coast Ry 4s 6000 .... 80 Gm'I riectric 3Hs 3000 .... 70 '.tipi ul Electric 59 2000 .... 04 Mi or & Man fd 1000 .... 60 2000 .... 00 6000 50 Hudson & Man In 16000 .... 16 Illinois Central SH 1000 .... 03 4000 .... 03 III. Central 4s of 53 3000 .... 72 Illinois Steel Co 4 1000 .... 83 24000 82 Imp Jap Govt let 10000 .... 80 3000 .... 82 Imp .Tap Gvt 2d B 1000 76 3000 .... 76 11000 76 1000 ... 76 5000 .... 76 6000 70 1000 .... 76 Imp Jap Gvt ger sta 10000 .... 01 Imp Jap Govt 4s B3 1000 70 Inter Mer Marine 6s 15000 .... 04 1000 05 Interbo Met ct 4 Vis 3000 18 7000 18 10000 .... 18 S00O .... 17 Ititp-rb Met Co 4 Via 10000 .... 18 Int R Tran Co fd No'thrrn Pacific ts 1000 .... 78 100 .... 78 Si' Ii West J( 10000 ....103 Ore Wash RR Co 4 Navl Co 4s 1000 .... 72 Penna R R en 4 Vis 28000 .... 02 Penna R R trm 4s 1000 .... 88 , 1000 .... 84 2000 .... 88 10000 .... 83 8000 .... 83 1000 .... 88 Pennsylvania i it ', 5000 .... 02 sooq .... 02 1000 .... 02 6000 .... 02 , 20000 .... 02 2000 .... 97 Fere Marquetto Bs 1000 .... 87 1000 .... 87 P S & L Erie cv 22 6000 .... 88 1000 .... 88 Pub Ser C - N J 6s 3000 .... 62 Reading" R R Co 4s 5000 2000 6000 6000 6000 6000 5000 4000 10000 3000 4000 3000 1000 1000 14000, 80 70 80 80 80 80 80 80 80 80 80 SO 80 80 70 6000 .... 28 8000 .... 28 6000 . ... 28 Third Ave Htv 4s 2000 .... 40 Trl C R & L Co 5s 2000 .... 00 U K of O B & 1 21 1000 3000 2000 1000 7000 3000 1000 8000 2000 1000 07 97 . 06 . 06 . 08 13 .90 18 . 07 . 98 13 . 96 18 96 Untd K of O U I rets pf '22 8000 .... 95 10000 .... 05 10000 .... 06 2000 .... 06 Untd K of G B & I rets of '29 1000 . OILS LESS ACTIVE CURB Other Groups Assume More Prominent Position Heavy Buying of Asphalt ilr11 Pi TRADING OHtiaM: I MlS&OTffisrH II )ii ii ii i mUi'lltHii 'I J,iii ii i I VM'TTnX&SZffiFZ ' t MARCONI OF AMERICA STRON 4000 .. 1000 .. 1000 .. 3000 -. 25000 . . 12000 .. 1000 .. 2000 .. 1000 ., 23000- .. 50000 . , 17000 . 5000 .. 05000 05 05 95 95 95 05 05 05 95 95 95 95 05 95 95 8000 1000 1006 1000 1000 1000 1000 4000 4000 3000 2000 1000 76 75 73 76 75 75 75 75 75 75 78 78 CHes & Ohio cv Es 1000 .. ..80 1000 .... 80 1000- .... 80 1000 .... 80 1000 .... 80 Chicago & Alton clt 33000 .... 80 Chicago & Alton 33 5000 48 Chi B & Q II 34s 1000 .... 74 6000 .... 67 'hi & Qulncy 4s 1000 , ... 05 2000 .... 95 2000 .... 05 3000 .... 05 1000 .... 93 6000 .... 95 5000 05 8000 .... 05 1000 .... 05 1000 . .. 95 f-hl & Grt Wet 4s 1000 .... 66 5000 .... 67 1000 .... 56 Chi M & et P 4s 3000 .... 70 f M & St P D 4a 1000 . ... 62 St I fd 4 S 2000 .... 00 5000 .... 00" 3000 .... 60 CM & St Pgm 4V4b 3000 .... 77 1000 .... 77 1000 .... 77 1000 .... 77 1000 .... 77 M &St P cv 4 Via 2000 2000 2000 3000 2000 34000 5000 25000 10000 1000 55 35 55 55 55 53 55 55 55 61 4000 1000 5000 2000 4000 1000 looo 2000 60 68 68 68 68 60 69 68 GEWl-JM-!- J,EitatoTrvi.tiiilSJ Preparation of INCOME TAX RETURNS AndlU Md. of , Corporations Partnerships JjAst. 80T8.M, A Ml, ltttr OtSce BOND SALESMAN. xptr1encd. would Ilk. n iwyi"'. .vm. wvui, .it mo iBrriiory uiupoin. LrtDanon. Cum. comprlilns YorH, otruno. rnuKiin i It 305. Lodjtr Oflloe. uo&ln. Lebanon. r.. id Laneasttr countum. Chi M & St P CV 6s 3000 ... 67 1000 67 4000 .... 67 t'h ft N W 6s of 8T 2000 .... 98 Chi It I & Pao fd 5000 . .. 67 1006 .... 67 1000 .... 87 2000 .... 67 8000 .... 07 5000 ... 67 1000 .... 67 16000 .... 87 5000 .... 67 Ch nit Pao 4s 1080 .... 78 10009 ,,,. 73 v Knn City South 3s 3000 58 Ranrts City So 8s 1000 73 Kar C Term Rly 4s 8000 75 1000 .... 76 2000 75 Lack Steel Co of 50 25000 .... 93 Llsrrett & Myi'rs 7s 1000 111 LonPT Island RR fd 2000 .... 60 5000 8 Louis & Nashv'e 4s 1000 .... 82 1000 .... 82 L S & M S 3H 2000 .... 69 L S & M S 4s or 28 1000 .... 86 l S M S H of SI 10000 84 Lehigh Valley Co 8s inon ... 103 L. & N RR & S By Mono 4s 1000 .... 1 2000 ... 65 IrMlnnd Co Si 1000 ... BO 1000 . 80 1000 . . . 86 M Steel & O Co 8s 1000 .... 85 2000 85 1000 .... 85 2000 .... 85 2000 .... 85 Mich Cent R R D 4s 1000 .... 81 Minn & St Louis 4s 1000 . . . 89 1000 .... 38 Minn St P & Sault Ste Mario Ry 4s 2000 .. 81 4000 . ..82 1000 ... 82 Mont Power Co 5s 2000 .... 85 li Pacific frm 4s 10000 .... 58 JJ O Tex Mex 4s 6000 .... 64 N YC&HRR3H 3000 .... 67 .Wi' & HR R rn s 1000 . .. 70 K Y C & H RR 4s 10(10 .... 8(1 5000 . . . 07 1000 . 70Vi V V n & U R R S S00O .... 03 12000 . 82 6000 03 0100 . .. 03 aooo 02 jc T Ctnt Mich Cent 3iH 2000 .... 61 Ii Y N H & H s '58 1000 .... 46 X V N H & H 6 1000 71 1000 .,. . 71 wys ct 4 10000 .... 81 NVw York Rwys Bs 1000 ... 7 v Hallways ot 5s 15000 . . 1 N Y Telfphonss 4 3000 ... 81 1000 . 81 3000 .. 81 1000 .... 81 yoTthtrn Pncltto 3' looo .... son 1090 .. 88, Rep Irort & S Co Bs 0006 .... 05 Rio Grand & W 4s 2000 .... 61 R G W Ry clt 4s 8000 .... 52 2000 .... 52 Rk I Ark &, I. 4Vjs 1000 ....'64 3000 .... 61 1000 .... 08 10000 .... 63 San A & A P Ry fd 2000 .... 00 5( Aboard Air I. a J 5000 .... 30 18000 .... 36 2000 .... 30 Seabf-ard Air t. fd 0000 .... 42 14000 ..,.43 2000 43 Southern Pacific fd 3000 .... 78 2000 .... 78 5000 .... 79 4000 .... 78 0000 .... 70 2000 .... 70 6000 .... 70 nuth Pacific cv la 1000 .... 80 7000 .... 81 3000 81 5000 ..i. 80 20000 .... 80 2000 81 Vriuh Pacific cv Ss 5000 ....104 ?f ''i Rallwavs 4s 1000 .... '60 3000 .... 60 South Rwys res 5s 5000 88 2000 .... 80 St I- & San Fran a 4000 01 1000 .... 61 1000 .... 61 1000 .... 81 St I & San Fran In 10000 .... 44 1000 43 1000 43 St ' & San Fran A . 1000 58 1000 .... 58 2000 .... 59 2000 .... 59 2000 .... 58 St L & San Fran B 1000 .... 70 5000 .... 70 St & Son Frgm 6s 1000 102 St L & Sweat 1st 1000 .... 64 1000 64 St I. & Sowest 53 2000 .... 68 St L & 8o West en 1000 .... 51 Standard Mill Co 5s 4000 03 St & N P 6s reg 3000 ....101 Texas Company 6: 4000 103 1000 ....103 2000 ....103 Third Ave Rly adj 6C0O .... 28 1000 .... 28 U K of G B ft V. 00 90 00 00 00 90 00 90 00 1000 2000 1000 2000 1000 4000 3000 2000 1000 Untd Rly Invest Co. of Santa Fe Bs 5000 .... 1 Union Paclttc RU 1 2000 .... 70 2000 .... 79 Union Pac Rl' ' 10000 .... 87 1000 .... 87 Union Pacific RR s 5000 .... 83 1000 .... 81 1000 .... 81 2000 .... 85 5000 .... 85 3000 .... 84 Union Pacific RR Gs 5000 ....102 1000 101 I P ReaJ & Imp 5s 70000 1000 4000 2000 1000 5000 ioooo 1000 3000 4000 79 7R 78 78 78 70 70 78 78 78 U S Rubber Co 5s 2000 .... 88 1000 .... 88 3000 88 5000 .... 88 1000 .... 88 U S of Mexico 5s 2000 43 7000 .... 42 U R of S F un ct 4s 5000 26 U S Steel Corp 5s 2000 08 S00O .... 08 6000 .... 98 1000 98 2000 .... 98 ( Utica & Black R 4s 4000 93 8000 .... 03 Utah P & L Co Bs 100O 83 1000 83 Vlr Car & Chem 1st 2000 04 Virginia Rlwaya 5s 1000 85 1000 .... 85 West Maryland 4s 5000 51 1000 .... 31 1000 .. . 51 1000 .... 51 West N Y & Pa 1st 1000 92 West Pacific RR 1st 0000 84 West Shore R R ts 2000 .... 73 Wh. el & L F. Ry 4s 5000 .... 54 2000 .... 54 Wilks-B & East lBt 1000 .... 55 Wilson Company cv 1000 .... 06 Wilson Company 1st 1000 .... 08 1000 98 2000 98 Liberty 3Vs Liberty Jht 4s.. Liberty 2d -Is Liberty 1st 4lis. . Liberty 2d 4Vis.. Liberty :irt 4Vts. . Liberty 4th 4V4s.. Victory Wis Victory 4s .... hi eh nn.Ofi 03.20 02.08 03.40 02..-.0 04.74 02.7S 00.20 00.30 Low 1;15 p.m iio.no 1M.0H 03.10 02.00 03.30 02.42 04.011 02.0.8 , 00.00 00.0S 03.10 02.00 03.40 02.50 04.72 02.72 00.08 00.12 LOCAL MINING STOCKS TONOPAH STOCKS New York, Jan. 0. There was a lit tle change In the character of the trad ing on the Broad Street Curb today, the petroleum stocks being less active and other groups assumed a more prominent position. Submarine Boat attracted most at tention, being heavily traded In and advancing from lS1 to lh. General Asphalt was the strongest of the oils, moving up from US'a to 122. White Oil advanced from 48c to 40 and Gllliland ranged from 50 to 50. Simms reacted slightly under a moderate volume of business, selling at 67V4 to 00. North American Pulp sold at 5 and 5V4. Indian Packing was traded in at 10 to 182. Nipissiug was heavy, de clining to 12. Marconi of America was strong, with sales at 0 to 0. IXDL'HTRIALS High Aetna Uxplos 0 Am Marconi 0" Amal Tire Stores 13?i Urltlsh-Amer Tob coup. . . 28,, Columbia Emerald 23Vi General Aopnalt 122 Hayden Cheir 6 Hupp Motors lott Indian FacMnir 10 Lake Torpedo 11 8 Loewn Inc 32,, Kay Cn Qaa ZH .:uni wara of Va 4 m DanAti f44 Terfe'ctlon Tire 3J4 n.nuku. ft.. TJiiH . . . r.1,4 Submarine Boat 17U U S Stam 4 United Ret Candy lJH I'nited Profit Sharlns . . 2H I'nlted P.cl Prod 15 ffajnp Coll ., Nunnallv 21'4 .Hadlo Co 3 INDETKNDENT OILS Allen 14 Allied Oil ' A llance 1'j Associated 2 Harnett Ull uas Hell Pet lloone Oil Hostnn "Wvomlnff . . . Ilurknett Van Cleave Ca.lb Syn Cttlea Strv "B" ctfs Esmeralda Oil V(.drAl oil ttUnifinri ....- 50 o:enrock on .ii Gulfey Gllleaple S7S Jlom rn " Hudson Oil Inter Petrol 71 Invincible 41. , Ii and Oil 0'i Livingston 2H Jlerrltt Oil 21 Metropolitan i-ei ) Mexican Pan 20. Midwest Texas "j Nor A-ner1 Oil 5 Omar Oil Pinnok Oil nji Phllllpa Pet y i'roa u itennprs n Ttvnn Oil 4 Ban rrrit Prod 3rt Sapulpa Hef 7 Skelly Oil 1JJ4 Slmms Pt 0. U Rn.nr.r Pet ID. Texas Ranster 1J4 Trcplcal Oil 2?? vietorn un nsw i . -Whit Oil 40,i Voodburn 8 MIXING Alas-Br Col lfV Arizona Silver .. ",, Atlanta 24 Iirlcher Divide 23 lielcher Divide Ext 30 Utt Ledge ft Booth Boston and Montana .... 72 Ciilfd Mining , 35 Calumet & Jerome Canada Copper lr Cnndelnrla Mln Tg Cons Vlrslnla S Cresson Gold 2'i Divide nxt 1A Kl Salvador 3Vj 4U Mining 2 Kortuna Cons IS Golden Gate Exd U Gold Cons IS Gold Kewana 3 Gold Merger 3 Gold silver Pick 3 Gold Zono 33 Oreat Bend 2 Jumbo Extension ........ 7 Knox Dllde 13 Louisiana Co ........... A MncXamara 81 Mother I. ode .'ill National Tin 12S Nlplsslnjr li' Rex Cttns 11 Roctrest.T Mines IS Rope G-oup i Rnnd Mlnei 40 hlller Dollar Hn Tov . . . Mllvrr Kina or Arizona... S Silver Lend t Tonopah Belmont 2a Tonopan Cash Boy 7 Tonopah Divide 3Ti Tonopah Ext 2 Toropah-JIm B as Tonou.ih Midway an Tonopah Mlnlnif 2T", Tonopah Mlrpah tl Tonopah Montana lft Tonoiyih Rescue Uula ... lit ('lilted Eastern 41, i torv West End C White Caps White Caps Ext Wllliert Yerington IlONDh Allied Packers fls... Can Govt 5Hs 102!) u i' t; &. at L, us . . . . 1 It T Ts Russian OHs Kuldn 3f3 s EGYPT A Field for American Goods EGYPT, famed for its antiquity, now pulses with the spirit of modern industry. Culti vating the long staple cotton which is its chief ' source of income, it is investing the proceeds in manufactured goods from other countries. During the first six months of 1919 its ex ports totalled $113,458,331 and its imports amounted to $96,331,032. With its growing need for building materials, furni ture, glassware, iron, Eteel, meat, flour and foodstuffs in general, the Egyptian market offers immense possi bilities to American manufacturers. The Bank of British West Africa, through its branch in Alexandria, offers complete and direct facilities to this field. Wo maintain branches also in Morocco, Canary Islands, Gambia, Sierra Leone, Liberia, French Ivory Coast, Gold Coast and Ashanti, Togo land, Nigeria and Fernando Po. Our New York office will be glad to supply you with every banking assistance in cultivating these markets. Bank of British West Africa New York Office: 100 Beaver Street n. R. APPLEBY, 1 . . ROWLAND SMITH. ) Agents. 't-k fi Bid .on .2.1 .711 Cash Boy . Jim Duller . fii.iaiii.ii. .... ....,,,, 71) Midway in. Mlipah Extentlon n Montana jn .vriu oiar fl7 Ileicue Eula jo 'ienopah Extension "I. West End H'Cut Tonopah ii) DIVIDE STOCKS Allied Divide 03 Alto Divide ()7 Delcher "l Ben Hur 7r J'roush Divide ,s uiviae Nxtepslon n, Divide SYndlcatA ...... ni Divide Syndicate iiiviaa con Dividend Halt Divide .... . . Hmbrouclt Dmde KlKh DKlde Revert Dlvldo lleno Dlvld Potetta silver KIpe Tonopah Divide ... Tonopah Haebrouck victory Divide .... Verde Dlvldo ZQhe .on .23 .on .oa .on .no .03 07 ON .0 .23 .Irt .17 3'J C-OLDFIELD STOCKS Atlanta 02 Blua Bull i o c5,hD :::::::::::::;:: -ss Combination Fraction !o3 fraekerjacl' n nlimonddeld E B 01 Daly 02 Florence no Ooldneid Con js v.uiuiirifj .nrrKer 02 "via i-'eteiipmeni Great Bend .'umbo Extension Kewanaa Lone Star Oro Red Hills .... silver Pick .... Ppearhead ... MISCELLANEOUS Amparo 1.70 Kden Mother Lodo . . Nevada Hilt Nevada Hand . , Nevada Wonder Piomonlarlo Tecopa Mining White Capa ... , .oa .02 .03 .01 .03 .03 .15 .02 .1.1 ltt 10 .08 Ak .OS .23 .73 .20 .1)7 4.-. .08 .12 .0.', .011 S3 .1.1 .40 l'i .0.1 .12 S !o. .07 .OS .S3 .0.1 .00 .10 ,30'" .2J .31 .03 .03 .OH .OS .01 0.1 .03 .03 .31 . I r. .01 .13 .03 :M .ON .03 01 .03 .on 1.S0 .20 s .110 .ot .21 .20 1H .13 .10 Low Last 0 0 lo lift 3 3W nn L 00 it 118H 121 i5f iSS 31'i 32 o o . It K t- 3i s i in 2J4 2V r I vj 47,4 4 aagF 1 Sl?TuFS&. II ! m f .? .P VIA HHOLON j ! 1$ ip 1U J 5jjg5 x 4H 4N 4H JET Tfc.JB-lW-fl ATaL'JB.JJ Jt.J.,&-f T3L ktfJEHK.JLirAJlL4k ' S B0J4 BOJ4 U I -T S 3?'j 3??4 JohnL.Merrill.Pres. V 1 ' 'S 1 11 3 Direct Cable Communication. 1 I New York lH I Jk Sl to I ii ?! Ii Kv Uraguay ' A ? 22H 22T-4 B f 1 3- 4 4r'4 H . Extension American cables from Bueno 1 1, II fei Aires to Montevideo, Uruguay com- "" J, , ?,a & l9y jjra pleted and open for business. m0 I ft "A "A II I ) (l I -m 1H is 11 aGw. m.m IS vba ",''" El o r usaB j h v S J CABLE OFFICE ? If C 39 Broad Street I -' .a .A II C r IeW IOIK UW 1 f & & I r Vekpfione Broad 14-10 $ s,' 1!? ' : 'b 'b " "" '" " T 10 10 i hi ! 4H 4 in 18 in l'i i' i r r !j o ii 3 s ! 30 Years 87ii Sll 811 k 7474 ?ra in Export Banking 20 20 29 , 2U 21) LI) ,5 JBQjLsT hm " A, b f " raj "VI rv (MM 1 I ' i. TRADE BUYS COHON AS MARKET WEAKENS Reported Introduction in Con gress of Anti-Speculation Bill Reduces Demand Auto Co. Pays Back Dividends New York. Jan. 8. The Cleveland Automobile Co. has declared an Initial dividend of $6 a share on Its preferred stock, payable January 31 to stock of record January 20. This payment cleans up the accumulated dividends on the 8 per cent preferred, which bave been due jince the 'middle of March, 10J0, when the stock waa paid for and tJiTWend became cumulative', COTTON IlELT 1VEATHKR CONDITIONS New York. Jan. 8 The follow Inc tcm rxraturm were recorded in the cottnn belt this mornlrw Oklehomi 22 Ahl. L."0.34- R,n Antonio 32 Utile Tlock. 34. Memphis. 3fli Ctoui Chrltl Macon and knoxvllle 40. Shreenorl NRihv'lle Ausrutta and Atlanta. 42 Thomanvllle B0. Charlentin 52: Mtntvnnierv B4 Oal veeton. ,i- Sennah Wllmlnuton anil .Trkjnlll .IS TampT no- Penicnln 4 New Orleans and Meridian 06 and VlcUnh'jrr IIR There wa 01 inrh nf precipitation at Gnlveiitnn 0s ot Virko burx: in at Cornun Chrl'M is at Knr. IMe' .82 nt Abilene 4Q t Pen?"i!o 2 at Oklahoma. M at Atlanta 7? at Nnnhvlila; ni! at Shreveoo-t I 02 at Mem phis, and 2 86 et Uttlc Bock New York. Jan. S The unsettlim; offoct of the reiortod introduction in Consresi of the Hudxiieth anti-snpculn-tinn bill wns reflefted in n reduced out. side demand in the cotton market nnd increased nressuro from professional sources. This kept the market nervous and irregular. Trade interests again appeared to be uuuruiuK umurutiH on wen ppots. b Late dispatches from the South stated that European inquiry for spots was the largest in weeks. The exports were 27.31S bales, in eluding 10.035 bales to France and 7H8.T i bules to the continent. j Clearances for the season totaled 2.- , 00.1,-JSft bales, compared with 1,007.427 naics lor te corresponding period last , season. I Pretou JNTIMATE KNOWLEDGE of the'needs and & habits of the people, acquired by years of experience and actual residence in the countries themselves, is essential when transacting busi ness abroad. Our 23 branches in South America, 8 offices in Europe and direct connections throughout the world round out a service broad and comprehensive in every detail. Anglo-South American "Banic. limited New York Agency, 49 Broadway Head Office F. C. Harding, Agent Capital and Reserve London W. M. Dawkin, Sub-Agent Over $32,000,000 vtt ,m .- M ! v January . March . May ,. July V October clone Orten 3H.0I 39.40 36.4S 34.02 SS.28 30.4S 3D 7B 85 23 S3 40 80 Tfl 11 00 a m 3ST4 3.22 33.48 1.30 P.m. I 30.49 j 30.43 CHICAGO BUTTER AND EGQ8 EOQS. lower. .Receipt'. 1T(M tAtu Tlntm 1 v -sjj 1 . .s f ' International Freighting Corporation Regular Sailings Through Bill, of Lading '; LINES PHILADELPHIA to SOUTH AMERICA .CH6r .1 Pmumbnto. s,h!a. Rl A, JB,r. n.d UnlnU.. PHILADELPHIA to FR16NCH AifU!lTIC.P01tT$ 7VNl&'' vr if' t Bnr4ox. yakBapg&. g'&s 'J W- ,.-' 141 ? . . i? . ' . CB ri N M ,&VJ i H.' .e I 1 UV p.: 1 T B
Significant historical Pennsylvania newspapers