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EVENING PUBLIC LEDGER-PHILADELPHIA, FEIDAY, JANUARY 30, 1920
23
'
-US
THE WESTERN
SAVING FUND SOCIETY
n vF PHILADELPHIA
,Mam afficfrlOUi and Walnut Streets
Kensington Office Front and York Streets
Seventy-third Annual Statement, January 1, 1920
ASSETS
United Slates of America Certificate of Indebtedness jii'.
8rWffiA
City of lloston, Matw., n4's f . . . .
nty of Cincinnati, Ohio, Viaduct, Police" ft ri'rV VlV'J "
diy of Clejelanel. Ohio. Water Works, 4iVs. .......
nty of Duluth. Minn., Water A Llsht B's
I'llir of Elisabeth, N, J,, Adjustment 4'n
City of Jersey Cltv, N. J,, 4's, 4'4'a ft G'a
State of Maryland Stnte Road 4's.. 7...!
r.m. nf Wnahvllln. Tpnn . iuB . -
City of Newark, N. j., Funding 4i'k'.'.
county y "-y v,oiic, L7ti.f iiunumir tomniHe on 4Ur ;
City of New ifork. N. Y Tax Kxe.mpt 4 CnrporatV'sfocic
City of Norfolk. a., Appropriation & IlefundlnJ H'2
City of Oranire, J. J,, School ,Va
City of Philadelphia, I'a,, 3K'n & 4'n !! -
City of Pittsburgh, Pa. city Hall & Mun. 4'i4H. ..'.'.' '
City of Portland, Ore., Pftric, Urldeo & lloulevurVi i X: ....
City or wenmona, va., r'a " 1
ritv nt Ht. Paul. Minn., lllo-l, )MAni ,,'. .. ,
. ". .. ... - . L. -- JV"'l tO
City or weanie. wasn, uarhairo & Water 4A' .
City of Wilmington, Del., Slnklnir Fund 44V
Allrclieny Valley Ilwy. General Mtno. 4'b.7
Baltimore &. Ohio 11. n. aw-s, 4' & -ii-i's
nancnr S. AroOFtOOk II. It. fHr .Inhn. ml -.. ,.A... '.' '.' V. ,....
,ii. iat w-8. .
i..--,. a.al. T.........!.... Tl ... ,li.'
Cambria & Indiana 11. P., Car Trust 4Vs '
Central Pacific Ilwy, SH's & 4's 7.7
Ontral R. 11. of N. J General Mtgo. 6's....
Chesapeake & Ohio Ilwy. 4'n & B'a
ChlcaBO i. Eastern Illinois It. It. Ht Mite G's
Chleairo & Erie P.. It. 1st Mtge. Ii...... .
Chlcnuo. Hammond & Wrstern 11 R. let MtBn'fi's
Chicago, Indianapolis & I,oulsvl!Jo Rwv. 4' & 4u.ll
Chicago, Rock Island Pacific Ilwy. General Mice V'i"
Chicago, St. Louis & New Orleans Vs., .. s 4s"
Chlcairo Union Station 1st Mtse. 4W's
Chlcano Western Indiana II. It. 4's ft 0's...'.
Choctaw ft Memphis n. It 1st Mtce. S's.
Choctaw, Oklahoma ft ("Jul R. R, r's. . .
Celand, Cin.. Chic. & St. Louis Rwy 4's'"!
Cleveland, Lorain & Wheeling Rw,. 5's..
Cleieiana a Marietta Rwy, 1st Mtge 4 "Vs...
ietMunu riiiimrBii jv. it. l.eneraj Mtce 4H's
Cleielawl Short Line Rwy. 1st Mice. 4V4's.
Diton ft Mlchlean R. R. Con. Mtne. 454 'h.
Delaua'8 ft Hudson Co. 1st Llun Knuiii -Hi'.
De'aware River R. U. ft Drldire Co it mi., a-1
Detroit Terminal ft Tunnel lBt Mtce. 4'4's..
ronton ft Amboy It. R. let Mtce. B's
Elttood Short Line R. R. 1st Mtce. fi'a
Krlo R R. 4a & Equipment 4Vj's
Krlo ft Pittsburgh R. It, General Mtge. 3A 's '
Greenbrier Rwy. 1st Mtge. 4's
HockliiB Valley Rwy. r, Uqulpment Trusts!!!
Hollldaysliurg. Bedford ft Cumberland R. R. 1st Mt"V
Jamestown. Franklin ft Clearfle'd. R. R. 1st Mtco 4'
Kansas City Terminal Rwy. 1st Mtce. 4's
j.nite J.ne &. western it, it. 4 '4 Uquir
itnent Trusts
.nc wnv-tu . .,.ii,khii ouuincrn itwy. U'.s's & 4's
Lehigh ft New England Rwy 4'4 Equipment Trusts
Lehigh Vnllev R. R. Consnl. Mtse Annuity tr
Long Dock Co. of N J. Consol. Mtge. (l's,.
Long Iland It. R. 4's ft S's
Michigan Central R. 11. r, Equipment 'Trusts'.'
Milwaukee, Sparta & Northwestern Rwy. 1st Mice" V' a
New York Central Lines VA Kqulpment Trusts. ?..'.'.:
New lork Central ft Hudson Rher It. R. 4 Equip Trusts
New York Connecticut It. It. 1st Mt ah. ' w'v- trusts
New York & Erie R,
Mtcrn
11. n & Hb's
Ne York, Lackawanna ft Western R. It.' 'l's't'Mt(r'e' 0's '
New York. L?ke Krla ft Western Coal ft R 1 o!' 1st n"'s
New Vork. New Haven & Hartford R. R. 4K's ft (V,
ST li&fsXrXzFi, ".-"ftri";."- --" "s stock)!::::::::::::
K.w York ft Northern Rwv. 1st Mtge .-,'.
.rw luiit, j iiiiuucipniu & iNorioilc it, R 4's
yew York. Short Lino R. R-NJst Mtce 4's
New York, Susquehanna ft Western R. ' R 4iA''s"ft"r.',s'
Norfo'k ft Southern Ut, i:niilnm.nf 'c-t.
4's...
4'3...
Iiorrolk ft Southern Rwy. 1st Mtge. B's...
.unum vfsiprn it. It. ti s
Northern Central Rwy. 414 's
ortnern i-acinc, Great Northern C. R. ft Q
Ogdensburg ft Lake Champlaln Rwv. 1st Mtce.
Itiu ,,1III,.1IIH VWV, JUL iUtCC 4S... ...
Oregon Short Lino R. R. Refunding 4's.. '"
Pennsylvania Company 3!i'i, 4's ft 4'4's
Pennsylvania tlenerai Fi eight Equipment Trust! 'Va'b'.'.""
Pennsylnnla It. R. Consol. Mtge. 4's ft 414 's
Pennsylvania ft Northwestern R. R. B's ...
Phlla. ft Baltimore Central It R. 1st Mtge. 4's
Phlla., Baltimore ft Washington R. R, 4'a...
Phlla. ft Erie R. R. 4's. B's ft (l's
ThlU & Reading R. R. Con. ft Imovt. Mtce. 4-'s! '.!!'"" "
Thlla . Wilmington ft Baltimore R. R. i Stock Trust Ctfs"
Pine Creek Rwv. 1st Mtge. (l's . l l'""-
P C , C. ft St I,. Rwy Consol. Mtge. 4's'ft'4U's
Pittsburgh. Youngstown ft Ashtabula Rwy. 4's ft B's
H-ading Co. Jersey Central Collateral Trust 4's... ""
Richmond-Washington Co. 4's
M Louis, Iron Mtn. ft Southern Rwy ,v '.
St Louis, Peoria ft Northwestern Rwv B's .,
Schuylkill River East Side R. R, 1st Mtge. 4's.!.
Seaboard Air Lino 4 y. Equipment Trusts
FhamoUtn. Sunburv ft Lowlsburg R, R. 2d Mtge (l's
Southern Pacific Co. San Fran. Terminal 4's..' '.!'.""
Southern Pacific 4H Equipment Trusts " "
Southern P.wy. Hi 1 Equipment Trusts "'
Terminal R R. Assn. of St. Louis 4'is ft B's .
Tioga H. It. Ut Mtge. Extended B's 1 '
1'nlon Pacific It It. 1st Lien 4's
Vnlteil New Jersey R. R. ft Canal Co. 4's
Tamlalla It R Consol Mtge. 4's "'
Wab.ish R. R, Ut Mtge. B's
Washington Terminal Co. 1st Mtge. l's ""
Western N. Y. ft Tenim. R. R. 1st Mtge. B's !!!!!!
Weht Jersey ft Seashore R, R. 1st Consol. l's !!!.'!!
Winston-Salem Southbound Rwy. lht l's '
Interborough Rapid Transit Co 1st Refdg B's
Jamaica ft Brooklyn Road Co. 1st Mtge. B's
jn-l'i ll-.r,irf T- -i.it C" V Vnulnnt Trusts ....
West Phlla. Tassenger Rvy. B Mtge ""
Arcade Rea' Kstato Co. 1st Mtg. Gold B's ""
l.hlgh Coal ft Navigation Co. 4's ft 1'4's, '.'.',
New York Dock Co. 1st Mtge. 4's
New York Dock Co. Preferred Stock BBO shares
Nt'W Y""'' TJMinkMTi Vntp n . nr)nl Jtf.-o -,q
V. E Cor. Chestnut ft Broad Sts 1st Mtge. B's!!.'!!!."'
Thll-i ft Camden Ferry Co. Stock 2(18 shares '
Philadelphia Electric Co. 1st Mtge. S. P. S's
Ponds ft Mortgages
Call Loans
Bills Receivable
Ileal Estate
Cash '
Par Value.
.BOO.OUO.OO
7,210.700.(10
HOO.UIW.UIJ
000.000.00
75,000.00
70,000.00
1BO.000.00
ino.000.00
no.000.00
200.000.00
000.000 00
Bo.ono.oo
17B.000.00
400,000.00
1B0.00II.OO
200,000.00
300.000.00
Bo.noo.oo
,200,000.00
auu.uuu.uu
UU.UUU.tHJ
r.0.000.00
100,000.00
HU.UIW.IMI
100,000.00
77B.OOO.OO
1,100.000.00
100.000.00
12.1,000.00
210,000.00
OBO.000 00
80.000.00
42S.000.00
100,000.00
300,000.00
240,000.00
200 000.00
200,000.00
. 100,000.00
BOO.000.00
080,000.00
200.000.00
800.000.00
200,000.00
H50,ooo.oo
100,000.00
100,000.00
200,000.00
BliO, 000.00
100,000.00
204.000 00
2B0.0OO 00
200,000.00
IBO.000.00
on:,. 000. 00
184,000.00
2BO.O0O.00
20.000.00
100,000.00
400,000.00
2B0.0OO.OO
15S.000.00
000,000.00
ins.ooo.oo
150.000.00
so 000.00
7O4.00O.OO
100.000.00
.100,000.00
480,000.00
ISO, 000.00
400.000.00
1BO.O00.OO
BO.000.00
100,000.00
128.000.00
2B.O00.OO
100,000.00
000.000.00
BOO.000.00
280,000.00
80,000,00
50,000.00
200,000.00
BO.000.00
3.10,000.00
200,000.00
200,000,00
100,000.00
1,350,000.00
40.000.00
1,200.000.00'
100.000.00
200.ooo.on
450.000.00
700 nnn.oo
300,000.00
75,000.00
200.000.00
87.1.000.00
400.000.00
100.000.00
300,000.00
140.000.00
200,000 00
1B0.000.I,,-.
100,000.00
1.10.000 00
4BO.noo.on
7.1.000.00
307.000 no
20o.noo.on
B.1, 000.00
300.cno.oo
BO. 000 00
2.10,000 Oil
BO, 000, 00
soo.noo 00
Boo.noo.oo
100.ooo.on
400. 000 (10
300,000.00
so, 000. 00
loi nnii no
loo.oon.oo
B00 000.00
l.oon, 000.00
5.1,000.00
6u.ooo.no
100.000 00
loo.ooo.no
13.400.00
100.000 00
727,8.10.00
. 371,220.00
111,000 00
430.7S7.B1
3,200.2114,01)
STRENGTH
SHOWN
ISSUES
Indications of Pronounced In
crease in Outside Demand.
General Motors Active
LITTLE -CHANGE IN OILS
New York, .Tnn. 30. Although there
wa'j a good denl of Irregularity in the
trading of the Broad Rtrcct curb early In
the day, many stocks later developed
pronounced strength, and there were
iudicatlons of a pronounced increase in
outside demand.
General Motors attracted increased
attention, selling at 33 in the initial
dealings, hut later reacted to 32'4 and
then made a moderate rally.
The petroleum stocks showed little
change in their trading positions, Simms
retroicum ranging from 01 to Ovi.
White Oil wus traded in at 3."i and
3.". Carib Syndicate advanced 4
tf l-l li f!nnnrn1 A ortli n If urn a ntio
of the strong features, moving up during
the forenoon from llfilA to 117.
Marconi of America was actively
traded in at GV to 5. British-
American Tobacco was ' steady, with
sales at 10 to 104. Montgomery -Ward
wus heavy, with sales at 30 to 38,
and United Retail Candy was traded in
at 10 to 15.
INDUSTRIALS
High Low Close
MEW YORK BOND SALES
Rnrrnnnry of IntJlrtdnal Transactions on New York ExchancB
Adams Express 4o
1000 .... BS
4000 .... 69
Am Aft & C Co D 8S
3000 ... 01
1000 .... 00
Am' Smelt & Ret 5s
3000 .... 84
Am Tel & Tel clt
1000 .... 17H
1000 .... 77tt
Am Tel & Tel Bs
10000 .... 82 Mi
10000 .... 82 Mi
10000 .... 82 Ml
1000 .... 82
10000 .... 8216
100,00 .... 82
4000 .... 81Ml
1000 .... 81Ms
Am Tel & Tel. 6s
1000 .... 08
0000
5000
eooo
1S000
10000
08
00
OOH
00
09
Aetna Explosives
Amer Marconi ........
Amer Safety Rnzor
Ilrlt-Amer Tob reit
Hrlt-Amer Tob coupons.
Car Lleht
Gen Asphalt
Oen Motorn
Ooldwyn Pictures . . .
Montgomery-Ward . . .
Nor Afflpr Pfllwr . . .
Orpheum Circuit ....
reriectton Tjro
Submnrlne Uoat
Trlanclo I'llm
u Mteam
ITnltert TtAtall r.nu
U S lllirh SDeeri Tool.
United Profit Sharing
United Picture Prod .
lNDKrENTJKNT OILS
Allied Oil
Allen
Alllanco
Amal Roialty ..
0J4
14
111
10
2ti
...117
... 32V4
. .. 31 i
... 3D
. . . r,
... 824
. . . fl4
... is
It
... a?t
...10
...38
Sit 88
M
14
in
10
ll5
32U
31
38
rA
32'i
5
IB
.$
3I11!
2
14
10
111
2
117
32V4
31
$.
151j
llii
38
131
Atlantic Pet
ueii I'et j-. ....
Iloono Oil
lloston AV omlntr . . . .
Hurknett Van Cleave
Carlb Syn
Cosden & Co
Dominion
Klk Uaaln Tet
ttsmera Ida Oil
Federal Oil
Clllllland
(Ilenrock Oil
Home Oil
Hudon Oil
Int lMrol
Inland Oil
Kay Co Gas
Livingston
Merrttt Oil
Metropolitan Pet ....
Northeast Fuel
North Amer OH
Ohio Hanger
Ilmar Oil
Producers & Ueflners..
Ityan OH
Kalt Creek Prod
Sequoyah Oil
Kimms Pet
Spencer Pet
Texas Ranger
TexaH Pacific
Victoria Oil new
Vulcan Oil new
White Oil
Way O & G
Woodburn
.. 1H
.. 10W
. . 84
.. 3
v. ift
.: VA
:: Ali
.. 22?t
:: v
. . 314
. 43 4
::
. . 1 ',
.. Ci
. . n
.. am
.. 1
. 21V,
.. 3H
.. US
.. 44
.. n
.. 7
.. 10
.. 4
. SO
. . '
. r2
. 1H'
. . 1 '.4
..110
.. m
.. 85.
. 3,-m
..
. c
J1IN1NO
40. 4.12.222 41
J18.49U.857.00
asi;ts as cirAitnKn
' LIABILITIES
- Deposit, ,11st December, 1010 J48.073 0(1 r,7
Interest ndded for 1019 l432!8no.'fi.,5
Duo to Depositors. Int Janu.iry. 1020. . . . "jii.bos 0'i3 3
Kpcclal neservn nppllcab'o to depreciation In ' "
market nluo of bccurltlea 1. "no 000 00
Surplus .., 2.240.004128
R,40n,sr,7,fiO
. Certificate of aubitorsi appoiuteb by tl)t Court
Tim linilerslgned. Auditors iippolnted bv the President Judges of )h e.,,,, .
rnnimon Pleas of Philadelphia to nudlt and settle the accounts of THn tn??.
PAVING FUND KOCIUTY OF PIIILADnLPHIA. for the year 1010, havte h ,im
sworn accordlntr to law faithfully so to do, certify, that tho Assets of the said tiii.y
ai thi closn of business on the thlrty-flrst day of December. 1010, have been ,, 1
end verified by them, and that tho cost thereof as set forth In the abovn SXSi V1
.igreei with the books and the balnnco sheet of tho Society. Schlule
Tho amount due to depositors. Including Interest, on the first day of January inn
nd the Surplus or Contingent Fund aro correctly stated and nro In agreement iih .i?'
books and tho balance sheet. '"ui wun tho
. . . JOHN n. COLAHAN Tr
Jsnuary 2il. 1020. JOHN C. HINCKLEY.
Auditors appointed by tho Society Tho Audit Company of New York. VA".
1
V
jii
fi'S
73
40
1
li
1?.
Alds-llr Col
Am llond
Am Mines
Atlanta
Helcher Divide
Tlelcher Kxt
Ills Ledge
Host Mont
filled Mln
Canada Con
fandelarla M
Cons Virginia
Dlllde Kxt
Kureka Croesus , . . .
Fort-nlno Mining .
Golden Gate lZp . . .
Gold Cons
Gold Merger
Gold Silver Pick ...
Gold Zono
Heela Mining
Jumbo llxtenslon . .
Ioulslana Co ......
McNnmara
Marsh Mln
Motberlode ........
Murray Mog
North Star
Ray Hercules
Itand Mines
Hex Cons .....
Rochester Mines ....
Silver King of Ariz.
H Silver Lead
Success Mln
Tonopah Relmont . .
Tono Divide
Tono-JIm Iriit 20
Tonopah Mldv,ay 20
Tonopah Mln 2H
Tonopah Rescue Hula.... 25
u s com mi
1 IS
10 ioh
i a4
? 3J
54 B4
1V lA
4?
22 22 ,
. 0
3H 3H
43 H 43t
3. 3.
an 3
1ft l'i
OS 08i
21 2H
2..? 2M
S! Si?
4S 4
7 7
n 9i
49n 4tt,
51 ft 112
18'i 1S
1 'A 1 ,4
110 110
i4 m
8 8;
3r.3 a.-iH
4,
(1'n 01?
1 1
17s Hi
W ljV
Anglo-Fronch B 6a
10000 .... 0S
2000 .... 00
1000 .... 08
2000 .... 05
2000 .... 05
4000 .... 05
35000 .... 05
2000 .... 05
8000 . . . . 05",i
2000 .... 05
1000 .... 05
1000 .... 05
2000 .... 95
D000 .... 05
1000 .... 05 13
1000 .... 05
2000 .... 05
4000 .... 05
G0000 ... 05
Atch T & S Fe 4s
8000 .... 70
1000 .... 7
Atl Coast Lino 4s
2000 .... lOYt
Atla Knox & Cln 4s
2000 .... 70
Baltimore & Ohio cv
1000 .... 60
S000 .... 00
1000 .... 00
1000 .... 60
3000' .... OlVa
5000 .... 01 s
Baltimore & O 3'.s
2000 .... 81
10000 80
Baltimore & Ohio 4a
2000 .... 64
Baltimore & Ohio Ss
0000 .... 81
D000 .... 84
Baltimore & Ohio Cs
12
30
IH
7
Ni
23
(10
75
8
l'i
40
0
10
fl
3
i
United Eastern
White ( aps
White Caps Hxt
Wllbert
Yerrlngton
3
12
I10NDS
Allied Tack 0s S21j
A T t T Bs. '24 OH.
Ilelgtan s OH
Copenhagen 8lVi
Tut II T 7s HO
Russian Govt OVis 31
Swiss Govt 8IH4
Swedish Govt 044
10
1',
l's
"f
l'i
12
3
.-.14
29
4Vi
H
23
no
7.-
s
40V!
n
10
3
!!H
2(1
10
OV-i
4
8 IV;
or.
81
118
211 ;i
H1)
111
21
23
.-"i
73
40
l'i
IV
1.
12
3
BV4
30
4X
7
231
no
75
8
l"i
40Va
0
10
3
2S
2ll
111
2
25
im
4W
12
S2'J
HI!
81
IS
211 "-i
80
0l'
17000
37000
2000
17000
5000
3000
2000
10000
6000
6000
6000
30000
1000
1000
1000
84
84
84
84
84
84
84
84
83
83
83
83
84
88
81
LOCAL MINING STOCKS
TONOPAH STOCKS
1 Stuart Patterson
,J"nn Storv Jenks
JMIIUm W Frazler
."'iseph C. Fialey
AUred c Harrison
eorgo It MrlMilden
'.'orgo Stuirt Puttcrson
R.iudal Morgan
MANAGERS
Robert M Janney
Clement B Newbold
lldgar C. Felton
fharlemagno Tower
(lirlstlsn f. Feblger
T.'dwln S Stuart
Samuel T Kodlno
A. A. Jackson
Arthur IV. Sewall
"odninn CGrlscom
J'.?.d.er,c Prlov. M. D.
William It Phllier
V-v.Dl,V;soJ3 Coleman
John W Gearv
IJvan Randolph
Levi L. Rue
W. W. Curtln
Tho Society also holds for 9258 depositors United States of America
I-ibcrty Loan Bonds, deposited severally by them for safckeepinir. of which
the par value is $2,705,050.
OFFICERS
C, HTITART PATTERSON. President
UOUEUT J. BltUNKER. Vlca President
FREDERICK F. HALLOWELL, Treasurer
J. It. NAULTY. Assistant Treasurer
C, I. HUMPHREYS, Comptroller
W. C. RAUF Altant Treasurer
C. A. WHEELER, Secretary
O. W. WEISEL. Mgr. Kensington Offlca
juncru 11. TUWflHK.m Jr.. Solicitor
THE itatr of TisTTiirtEST vein Titll viiAii in"n tm i nr. ni-n -.itjt "'"'
Cash Boy
Jim Butler
AracNamara
Midway ...
Mlzpah Ext
Bid
.08
.24
.05
.18
.1-
Montana 10
North Stui- 07
Rescue Eula 20
Tonopah Ext 2
West End 1',
West Tonopah 10
DIVIDE STOCKS
Allied Divide
Alto Divide
Holcher
Ken Hur
ltrough Divide. ..
Dlvldo Ext
Dlvldo Syndicate
Dlvldo Cons
Dividend ..1 17
East Divide 04
.03
.05
.21
.05
.25
.03
.00
WHEN FOREIGN EXCHANGE
RETURNS TO NORMAL
A French 5 Bond cottinp; $74 would bo worth at par $193,
an increase in valuo of $119, or over 160
The yearly income now worth $3.90 or about 5)4
would be worth $9.65, or over 13 i
on the original investment that cost only $74. -W
IN ADDITION
French 4s at( $57V8 would be worth $193
British 5s at $337 Vs:, would' be worth $485
Italian 5s at $62V2, would be worth $193
Belgian 5s at $83 la. would be worth $193
Tho opportunity is seldom offered to purchaso a Government
security paying jl normal rato of interest with the possibility of a
very substantial profit.
Direct Cable Communications with Foreign Countries.
EDWARD B. SMITH & CO. ELKINS, MORRIS & CO.
14U Chestnut St. Land Title Bide.
llasbrouck Dlvldo
High Dlvldo
Rovcrt Dlvldo
Reno DlWdo
Rosetta ,
Sliver King ,
lononan uiviao ...
Tonopah llasbrouck
VietiTy Dlvldo
Verdo Dlvldo ,
Zonn
.03
!o2
.04
.05
2T'
.is'
.15
.15
27
GOLDFIELD STOCKS
Atlanta 02
llluo Bull 01
Booth
C O D
Combination Fraction
Crackerjack
Dlamondtleld 11 B...
Daisy
Florence ..
Goldfleld Cons
(loldneld Merger .....
(luldlleld Dev
Great Bend
Jumbo Kxt
Kew unaa ..
Irfino Star ,
Oro , ,
Red Hills
silver Pick ,
Spearhead
.04
.02
.03
,o:i
.01
.02
.25
.12
.02
.10
.02
,0(1
.02
,o:
.01
.02
.01
,UJ
MISCELLANEOUS
Amparo 1,70
Arizona United in
Eden u
Mother Lodo uT
Nevada Hill 02
Novada Hand 0
Iromontarlo iyt
Nevada Wonder 17
Tecopa Mining in
Whlto Cans ,', ;8
Ak
.10
.2(1
.14
.15
.011
.30
.12
.05
.07
.23
.07
.30
Tj
.05'
.os
.20
.0
,115
.01
. 25
.04
.OH
Oil
3
.20
.17
.17
.20
.03
.03
.00
.03
.05
.05
.03
.03
.30
.It
.04
.12
.0.1
tflK
.04
.01
.03
.03
.(13
.03
l.RO
.20
.00
.04
.23
.15
.10
Bait & Ohio PLE
& W Va Sys 4a
1000 .... 55
3000 .... 54 M:
1000 .... 55
B & O S West 3b
2000 .... 70
3000 .... 70'h
20000 .... 70
5000 .... 70
1000 .... 70
500(1 .... 70
Betli Steel Corp fd
1000 .... 84
Bell Seel & Ord is
2000 .... 97
Beth Steel C Cs 36
5000 .... 85
B Copper JI Co Cs
5000 .... 01
Brk Union Elo 1st
3000 .... 112
BushT Term Bid Gs
2000 .... 85
Cent of Georgia Cs
2000 .... 00
1000 ...A 80
Central Leather 63
1000 .... 03
Central pacific 1st
1000 .... 73
2000 72
1000 72
Central Pacific 3 548
5000 05
Clics & Ohio 4Hs'
3000 .... 75 j
1000 .... 75
Ches & Ohio cv 4&s
7000 .... 73
1000 .... 73
1000 . .. 73
1000 73
1000 .... 73
1000 . . . 73
Chi B & Qulncy em
3000 .... 79Vj
CM B & Q II 3 Via
1000 ... 71
Chi B & Qulncy 4s
2000
sooo
2000
3000
1000
28000
7000
94
04
91
01
91
04
04
Chi & Grt West 4a
1000
1000
1000
1000
3000
1000
9000
4000
B5
B5
55
BS
55
55
St
55
Chi JUPS ny 4a
3000 .... 03V4
5000 .... 03
Chi M & St Paul 4a
1000 .... 07
Chi M & St V D 4s
5000 .... 50
2000 .... 6H
Chi M&St PCV 4J4
10000 07
1000 08
O M & St P fd 4 Ha
2000 .... 58
10000 .... S7
C M & St P em m
2000 .... 73
Chi M & St P Cp 6a
000 .... 98
'3ll M & St P cv Gs
SOOO .... 07
Chile Copper 6a
2000 .... 80
Chile Copper 7s
5000 ....105
10000 ...-105
CM & N West 3Ua
ooeo .... GR
Chi & N West Gs '87
2000 .... 90
Chi U I & Pac fd
1000 .... 65
Cof NT 4Hnof CO
1000 .... 03
City of Paris U a
1000 .... 03
3000 .... 91
8000 .... 02
10000 .... 01
1000 .... 01
2000 .... 01
1000 .... 01
C of N Y 48 '60
1000 .... 03
C of N Y 38 Of
May 'G4
2000 .... 70
City of Toklo B Gs
1000 .... 08
C C C & St L, Km 4s
1000 .'. .. 03
Colorado & So 4 Ha
7000 .... 70
Com Tab & R Co 6s
2000 .... 80
Consol Gns 7s Wl
1000 ....100
Cumb T & T Co Ba
7000 .... 85
Del & Hud Canal fd
1000 .... 78
Den & Jtlo Grand 4i
3000 .... 63
Dom of. Can Gs '21
1000 .... 07
D of Cana DVaS '21
3000 .... 08
Dom of Canada '26
1000 .... 93
Dom of Canada '20
2000 .... 05
5000 .... 05
1000 .... 05
Dotruof Canada '31
1000 .... 01
1000 .... 01
4000 .... 91
S000 .... 92
Erie R R Gen Lien
2000 .... 40
SOOO .... 39
Erler Rail Rd cv A
1000 .... 35
4000 .... 35
Erlo Rail Rd cv B
2000 .... 31
2000 .... 34
1000 .... 34
15000 .... 33
Erie 1U11 Rd cv D
2000 .... 38
Erie Rail Rd Co 4a
3000 .. .. 53
Hudson & Man fd
1000 .... 57
10000 .... 57
7000 57
Hud & M RR Co In
5000 .... 15
1000 .... 15
6000 15
Gt North Rlwy 1st
1000 .... 84
Illinois Central 53
1000 .... 01
Imper Jap Govt 1st
10000 .... 73
2000 .... 74
1O0O .... 73
4000 .... 73
Imp Jap Govt 2nd
6000 .... 72
1000 .... 72
3000 .... 72
1000 .... 72
20000 .... 72
1000 .... 72
1100O .... 72
Imp Jap Govt 4a
3000 58
1000 69
Kan City & 3 Ry 3a
1000 .... 66
SOOO .... 56
3000 50
Kan City & S Ry Cs
1000 71
2000 71
Kentucky Cent R 4s
1000 .... 83
L 8 & M 4s of '28
2000 .... 85
1000 .... 83
L S & M 4s of '31
1000 .... 82
Lehigh Val R Co 6s
4000 .... 9U
Long Island RR fd
1000 .... 69
2000 60
Lonllard Co 7s
1000 ....109
Louis & Nash SI 6s
5000 ....100
Manhattan Sta 4s
1000 .... 67
Mid Steel & Ord Bs
1000 .... 84
2000 .... 84
Mo Kan & Texas 2d
10000 .... 28
Missouri Pac gin 4s
1000 .... 66
1000 .... 66
2000 .... 56
Missouri Pacific 5s
5000 .... 82
Missouri Pac os '23
10000 .... 90
Mont Power Co Bs
1000 .... 85
Nat Rys of Met 4 u
16000 22
NYC &HRR 3s
1000 .... 60
3000 .... 03
10000 .... 03
1000 .... 05
1000 .... 65
N Y Dock Co 4s
2000 .... 67
N Y C & II R R 43
2000 .... 77
NYC & Hit R cil 43
6000 .... 07
NYC&HRR63
1000 .... 80
1000 .... 90
100D .... 00
Reading R R Co 4s
2000 .... 70
2000 .... 70
R I Ark & Lo 4'4a
1000 .... 62
1000 .... 02
2000 .... 01
San An & Aransas
Pass Ry 4 s
1000 .... 67
Seabd Air Line aj
2000 .... 36
Seaboard Air L fd
10000 .... 46
C00O .... 46
Southern Paciflo cv
1000 ....103
Southern Paciflo rd
2000 .... 76
1000 .... 70
Southern Pac cv 4s
1000 .... 70
2000 .... 70
2000 .... 79
10000 .... 70
Southern Pac cv Ga
" 1000 ....103
6000 ....103
3000 ....103
1000 ....103
Southern Pacific fd
2000 . .., 76
1000 .... 70
4000 .... 70
South Pacific cv 4i
1000 .... 69
1000 .... 68
South Pacific cv Ss
EOOO .... 04
6000 .... 04
U K of G- B & I
rcta of '22
25000 .... 03
2000 .... 03
6000 .... 04
17000 .... 03
U K of Q 11 & I
rets of '29
2S000 .... 01
2000 .... 01
1000 .... 04
22000 .... 04
1000 .... 04
10000 .... 01
1000 .... 91
43000 .... 93
4000 .... 03
7000 . ... 93
D K of G B & I 37
1000
2000
1000
7000
1000
1000
10000
1000
87
87
87
87
87
87
87
87
3000
6000
2000
17000
10000
..103
,.102
..102
..103
..102
StP M&MRR 43
1000 .... 00
StL & San Fran aj
2000 .... 80
f6000 .... 60
2000 .... 60
St L & San Fran In
2000 .... 41
2000 .... 41
6000 .... 41
1000 .... 40
1000 .... 41
St L & San Fran A
1000 .... 80
2000 .... 66
10000 .... 07
St L & San Fran- B
6000 .... 67
St L & Swest RR en
SOOO .... 51
3000 .... 51
6000 .... 51
St L & Swest RR Bs
6000 ....10.1
1000 102
R Isl Ark & L, 4s
4000 .... 63
1000 .... 62
Texas Co 63
1000 ....103
Third Ave R R 4s
1000 .... 81
U K of G B & I 21
10000
1000
10000
2000
1000
26000
91
05
94
04
01
4
Union Pacific RR cv
1000 .... 80
1000 .... 80
1000 .... 86
Union Paciflo rd
10000 .... 71
8000 .... 74
Union Pacific R 4s
2000 .... 81
Utd R I of S Fo Bs
15000 .... 73
3000 .... 72
5000 .... 72
U S Real & Imp Gs
6000 .... 78
1000 .... 78
U S Rubber Co 5s
1000 .... 80
8000 .... 86
8000 .... 80
2000 .... 86
3000 .... 86
2000 .... 80
1000 .... 86
1000 .... 86
U B Rubber Co 7s
6000 .... 97
U S Steel Bs
1000 .... 98
1000 .... 97
1000 .... 97
3000 .... 98
2000 .... 97
1000 .... 98
U Smelt M & R 4s
2000 ....104
1000 103
Utah P & L Co Bs
1000 .... 81
Vlr I C & C Co 1st
2000 .... 82
Wabash R R Co 1st
1000 .... 89
1000 .... 88
West Pacific RR 1st
2000 .... 82
2000 .... 82
10000 .... 81
5000 .... 81
Wis Cerrral Ry 4s
1000 .... 69
Wilson Co cv
2000 .... 04
1000 .,.. 94
2000 98
Wilson Co 1st
2000
12000
2000
2000
1000
1000
02
02
91
02
92
02
N Y L H & P Co Bs
4000 .... 81
1000 .... 82
New Orleans & T 4s
1000 .... 04
New O Texas &. M
Railway Es
2000 .... 54
8000 .... 63
32000 .... 62
83000 .... 62
66000 .... 32
N V Telephone. H
1000 .... 80
6000 .... 80
2000 .... 80
N Y Telephones 6s
1000
1000
6000
6000
1000
93
03
03
93
93ii
No Chanoe In Refined 8unar8
Now Yorli, Jan. .'n.Tho local re
fined Bugar market is unchanged with
tho Amerlcau and National companies
quoting 15 cents, less 2 per cent for
cash, and Arbuckle Urothers quotine
10 cents, less 2 per cent fori caHta,
Other refiners continue withdrawn
The disturbed labor conditions prevail
ing in Cuba, which arc materially re
tarding tho movement of raw sugars,
continues to be a matter of irrnvn mn;
ecru in refining, circles here, stocks of
raws In refiners' hands being dafr.
ouoly near the Vanishing point. . j
1000 .... 63
6000 .... 64
7000 .... 64
1000 64
17000 .... 68
6000 .... 08
3000 .... 08
1000 .... 65
1000 .... 64
Chi & W Ind RR la
2000 .... 67
3000 .... 67
1000 .... 67
3000 .... 67
City of Bordeaux 6s
2000 .... 00
City of Lyons B 6a
10000 .... 00
2000 .... 00
3000 .... 00
C of Marseilles (a
6000 .... 00
2000 .... 00
6000 .... 80
6000 .... 00
, 1000 ,.. 80
Northern Paciflo is
2000 .... 78
2000 .... 75
N States Pow Co Ba
8000 .... 82
rJorf & Western'la
2000 .... 76
10000 .... 76
N & W P Coal Co 4s
3J00 .... 78
Ont Power N F Ga
4000 .... 83
Oregon Short L 6a
1000 ....101
Pac Gas & Eleo Ga
1000 .... 87
Penna R R en 4s
1000 .... 01
Penna RR gm 4 Ha
1006 .... 81
15000 .... 81
1000 .... 81
2000 .... 81
Pennsylvania RR ta
1000 .... 00
1000 .... 00
1000 .... 90
2000 .... 00
2000 .... 00.
2000 .... 00
2000 .... 00
Pero Marquette Ga
1:15
., , . Hlnh Low p. m.
Lib Roads .'i'js.. DS.8R 118.70 1)8.70
Lib Ilonds lht -Is. 01.52 1)1. -48 01.-18
Lib Uonds 2d 4s.. 00.H0 00.30 00..".0
Lib Ronds 1st 4Vis 01.70 01.52 01.52
Lib Bonds 2d 4 OO.fiO 00.40 00.50
Lib Ronds 3d 4s ii:S.30 03.02 03.12
Lib Rouds 4th 4Vis 01. OS 00.02 01.00
Vic Notes 3-y,s... 0S.0S 0S.02 08.0(1
Vic Notes 4-y(s... 0S.14 0S.02 0S.00
TEXTILE MILLS ARE BUSY
Good Demand for Worsted Yarns
From Both Knitters and Weavers
Textile mills arc busy, with n jrood
demand for their products, according
to the weekly review of trade for tho
Philadelphia district by R. G. Dun &
Co.
In the cotton yarn markets there has
been virtually no change in prices com
pared with previous week, the market
being firm and steady. AVIiile manu
facturers report that they are busy,
tnc demand is tno&Hy for knitting yarns.
In tlic worsted yarn market there is
a good demand for yarns from both
knitters and weavers. Trices arc strong
and steady.
The review, continuing, goes on to
say:
"Jobbers in hosiery, underwear and
knit goods are somewhat apprehensive
as to obtaining goods which they have
on order for future delivery. It has
been stated that u foreign nation has
placed orders for a large amount of knit
goods for ne.t fall dolivcrj ; it is the
opinion of fome of the local jobbers
thnt they will not In- able to ft full
supplies. The market is high.
"Jobbers in cottons, woolens and
silks state that the trade is buying spar
ingly : however, there continues to be
considerable trading among jobbers and
prices are high.
"Manufacturers of cloaks and suits
state they find busiuess quiet and the
trade buying sparingly. There is a
little more activity amouc the dress
manufacturers. Shirtwaist manufactur
ers report business very quiet for sev
eral months. There, however, has
been a slight decrease iu sale of late.
No matorlal change in price, as ma
terial and labor continue high.
"The hardware line remains active in
all its branches. It is believed that the
volume of business being done in this
line will exceed that for several cor
responding seasons, and indications
point to a decided increase in the de
mand for builders' hardware iu the near
future. Trices remain firm and collec
tions good.
"The chemical market continues fair
ly active, there being 11 good demand in
all lines. The situation iu dyestuffs ro
mnins about the same, uud while con
siderable domestic dyes are being used
and buying is principally for immediate
xierus, prices continue high.
"The paper market shows little im
provement. Manufacturers and jobbers
report 11 fair amount of business being
done, but there is lUtie marked in
crease In volume of sales. Prices in
clined to be h little inch.
'Paint manufacturers, dealers in
paint and painters' supplies report lit
tle change in this line of business. Pur
chases are in moderate quantities and
represent ull grades of material. There
appears to bo a fair amount of work
under way among painters for the mid
winter season, which it is believed will
show considerable increase during the
ferly spring season. There is little
change in prices an! -olli,.tion. -.,.:.V
trr.n.1 .-. ii-iuuiu
bvun.
'The trndii In .Tnmncft,. i i,
has been fairly active during tho 'last
week and moderate sales reported in old
grades of Pennsylvania and Connect .
cut at good prices. Wisconsin and
Ohios have also been selling in smal
quun titles. .Sumatra and Havana are
'n fair request and prices high.
Ihe Jarge cigar manufacturers are
active and working to full capacity, W
unable to fill orders promptly ou nc
count of scarcity of labor. The local
nin" e'lW8 "Ported in good condi
Hon. Collections aro fair."
New York Metal Market
New York. Jan 30 Th ,.. 1 .
wore quoted at the New York " m eta 1
rhanee today: Copper Spot offeSd Vovf 5"
IVbruaary and March offered. ibVoi April
?S?'1'H-i?V4i Tlm market . 1 quYet
I,eaa -SDOt. Pebrujrv nnrt luw.K ui .eftl,."""
An Unusual Investment Opportunity
Due to the Present Premium in Canada on United States Funds
During the last two months the premium on United States funds in
Canada has established a new high record, with the result that
purchasers in the United States have been able to obtain choice
bonds, issued in Canada, but payable at maturity in United States
funds, to yield much" higher interest returns than formerly.
An example of this is a block of
$2,400,000
PROVINCE OF SASKATCHEWAN
6 Bonds
$
$
Dated Jan. 15, 1920 ' Due Jan. IS, 1925
Principal "wid semi-annual interest payable (Jan. 15 and July 15)
in New York, which we are, able to offer subject to prior sale at
96.86 and accrued interest, yielding 6.75
The PROVINCE OF SASKATCHEWAN is larger than the combined
areas of the States of Illinois, Wisconsin, Indiana, Michigan and Ohio, and is
one of the leading wheat producing sections of the world. It has an esti
mated present population of over 800,000, and a gross funded debt of less
than $35,000,000, a large part of which was incurred for expenditures to the
publicly owned telephone system and other income producing properties.
Orders for these bonds may be tele'
graphed or telephoned at our expense
Bond Department
Continental and Commercial Trust and Savings Bank
Chicago
Tho above statements aro not guaranteed but aro based on Information
which vfo believe to be correct and reliable.
We recommend and offer
Southern Pacific Co.
San Francisco Terminal, 1st Mtge. 4s
Due 1950
Bonds in $100 and $1000
denominations and multiples tf
Coupon and registered bonds interchangeable
At Market, yielding about 5.90
These bonds aro a 1st mortKase on 12
miles of Main Lino. Double Track Road,
afTonling' the only entrance of the Southern
Pacific into San Francisco, and on its val
uable terminal property in that city.
They are the direct obligation of the
Southern Pacific Co. who&e present earn
ings and past record make it unquestion
ably one of the best railroads in the
United States today.
BROOKE, STOKES & CO.
Members Philadelphia Stock Exchange
15th & Walnut Streets
Philadelphia
102 St. Paul St.
Baltimore
"Stock Salesmen-
A New York Brokerage l!on
or unquestioned standing Is del
need with Philadelphia Inquiries.
" blch-class, dlrldend-paylne
Mid- Jontinent oil security short
ly o be traded In on the New
lork Curb, under exceptional
market sponsorship.
This house wants one or two suc
cessful salesmen with established
local connections and credentials
'" ,r.oI1,0;T.nP and close sales In the
1 hlladelphla territory, but wishes
Jo get In touch with the salesman
mmsclf, not with any brokerage,
house employing him.
There Is a big opportunity for
he right man who can show
lleply In confidence to the New
Tfork address below, when an np
nnlnfm.nf ..II. ,. "
. ..uw.., ,,,, (fn arrangru for
f, ner"ono' Interview with ane of
iui, ,."'.'". representatives, at
Philadelphia.
Address P. C. B., Postoffico
Box 372
City Hall Station, ,
New York City
$P
Exempt From All Federal Income Taxes
ni:w issiu
State of Minnesota
Serial 5s
Maturities of from 1921 to 1527
Prices to Yield About 4.75
Direct obligations of tho State of Minnesota, and the only funded debt
of tho State.
Descriptive circular upon request
Graham. Parsons 3c Co.
435 Chestnut Street
I'hlludelphla
LIBERTY BONDS
Bought, Sold and Quoted
Call, Phono or Write Liberty Bond Department
Dell, Spruce SS0
West & Co.
1417 CHESTNUT STREET
, Members
&?r.J,0-rKk.s'? Rhang,
Wo Aiwa,. " m lland a ,ut of Hlsh Crude Hood.
.'..t'viuEuio jiisiiru
Keystone, Race 2900
Open an Account With the
Day and Night Bank
Wc are commercial, convenient,
and progressive, and cash checks,!
rccehe deposits and open accounts'
from 8.30 A. M. till midnight.
Kesources over $12,000,000.
FRANKLIN
TRUST CO.
13th Itelow Market Mr
lVfst rhitu. Ofllce: BSd and Market hts.
In the guaranteed
mortgage, you not only
have the security of the
property mortgaged, but
the guarantee of this
Company.
Send for our list.
PHILADELPHIA COMPANY
FOR
GUARANTEEING MORTGAGES
LAND TlIXi; nuiLIIINO
FhiUdelphU
WBlpS'.ldt0l0a 8imc'ul ,- Edmonds
"Miaent Seot'y k Inn.
American With Capital and Ability Seeks
American Product for Europe
After twenty years' experience merchandising and
n direction of large organization, the advertiser. in
tends to take up his" residence in France. He under
stands thoroughly European markets and conditions
He desirepJto devote himself and considerable
capital, if ncf JW, to the introduction and unbuild-
iion oi an American-made product or
v1v..i.ra. i lumping oniy are requested
.".. u uUu, .uvucr vuice.
VUIIWI . IIV1
inrr and disti
line. Hitrhoalt
to communica
FOREIGN EXCHANGE
on
We Sell "Calls"
FRANCS
Checks on Paris
ITALIAN LIRE
Checks on Milan
GERMAN MARKS
Checks on IJerJia
KunnltiK threo to nlna months la "
the above Foreign UxcUunea at pr. ,
ailing low rate.
Write or call for particulars
Newburger, Henderson & Leebi
IIAMtF.ItS
1410 CHESTNUT ST.
Members N. Y. & l'lilla. Hlsck
Kxcbuuscs
GEG.A.HUHN&S0N5
STOCKS AND II0NDU
Urmbsrs of the Philadelphia. Knr
Tsrk and Chlcat o stork Exehasra .
New Tork Cotton J5schani
Commission Orders Executed In
All ths Principal Market
UELUSVUK COUBT BUM.
111 ItroMwajr. New fat
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