'I ,.fj
..
M
M
I
mt
ii
, -
if-1 .
K, v '
J
f
'
yii
-CORN STEADIES AFTER.
MAKING EASY START
Selling at Outset Is Scattered.
Oats Sag Following
Firmness.
Thcro
Chicago, Feb. 10. Buying by a fad
ing commission house brought about a
steadier undertone In corn this morning
lifter an easier start, Selling nt the
outnot was bcattercd.
The arrivals here today were 100 cars.
May opened at $1.32i to $1.32, and,
utter touching $1.31 moved up to
10 aboTC yesterday's close, selling nt
.tl.32. July was quoted nt $1,291
to $1.20 at the outset, against l.qp'l
a the close yesterday, and, alter touch
In $1.28, rose to $1.20
vcro recessions from trio top.
Oats were irregular at tho start.
The undertone soon became firmer, but
prices again sagged. At ilrst, local
operators were tho principal sellers.
There was buying by a house with
seaboard connections by n local profes
sional, followed By increased offerings.
Itcccipts were J3B cars.
Slay opened nt 70c to 80c, against
SOc nt the end yesterday and, after
selling at 80c. receded to 70o. July
was quoted at 72c to 72c at the out
set, against 72'Jc nt the close yester
day, and later sold at 72c.
Receipts of wheat hcie today were
22 cars.
SPOT BUYERS HALT
DECLINE IN COTTON
Early Prices Off 23 Points on
Pressure From Wall Stroot
and Liverpool
mw$mpgs$t
-i
Financial Briefs
fcPHIAV
"Tl
Jim. RWMI --
FEBBUAl
Tei!,
clots',
1.32H
1 it)!
Lacllns future; nnctd as (allows
Corn (new delivery)--
Oln IIIrIi Low 12 80
i.;ay .... 1.82U i S2 l.ai'i a.32,
July 1 2H4 1 2 1 89 1 294
Oats
May 7fl SOU 704 SOU
July 72 72 72 72
Park
way . . 34.00 34 00 t34.75 134 7D
Lard
Kay . . 21 42 21 42 21.23 21.27
July ... 21.87 2187 21.70 21.72
RIDS
July ....10.00 IS 00 US Co M8.03 10 00
Bid. TAsked. (
0
72'i
31
21.37
21.82
PPSE
4--
iM
f'ViN
. 1 V ' ii-ZZSZEs
fSiirlllilP
i $ikh bill ''..'? r, ftmSfflM 1 1 i f ? v
1 1 1 m t (I i w mm wife; Hilli lira h JF
3.1. f v
New Yoili. I7h. 10. Tlip lotion
market was under pressure from Wall
street and Mverpool houses this morn
ing and opened 5 to 15 points lower,
followed hv fnrthpr lnceoa wlilrli inrrlri
prices off to about 23 points under last
nignis close.-
i At this level, there was renewed buy
i ing of May and July by local snot in
tercsts, which rallied the market 10
points from the lowest. Disappointing
Liverpool canics were onset oy stcatit-
neis in sterling exchange.
The receipts at the ports for the day
i arc estimated at 18,000 bales, against
I 21,703 bales a week ago and 0381 bales
a j car ago.
I Test Today's 11.00
noe oppn a. in
.18.B0 ,1(1 R2 30 41
84.2r. 3110 34 07
82.10 82.00 31 04
20.76 20.0.-1 20.0J
March!
1 Mav .
July ,
Oct. .
130
p. m
30.00
.14,21
32 0",
Refined Sugars Remain Unchanged
ew orh, Feb. 10. The loeal re
fined sugar market remains unchanged
both as to conditions and prices. The
market for raws continues ensv. with
Cubas offered lata Wednesday at 0.2oc.
cost and freight, equal to 10 28c, and
l'orto Iticos nt 10c.
FINANCIALS
CIU.NLV SAXES CORPORATION
Notice in hereby clen that, by a resolu
tion or the Board of Directors of the
Cheney Sales Corporation, action will b.
taken at the regular annual meetlnc of the
fompany. to bo held on March 1. 1920. it
?i8kcl0r5f.Sn7?.- .,' th?,P'? ,ot ho company
UproefUdtlsappro,1ihlPVoX'd,a!
iiuaauLl. 3W1UANCE,
an...
H. ipDOAU BAnNEs!
Solicitor
The average price of twenty active
Industrial stocks advanced 0.88 per
cent to 04,44, while twenty railroads
advanced 0.34 per cent, to 73.02.
The Bank of England minimum rate
of discount remains unchanged nt 0 per
cent.
Petition to suspend trading on Sat
urday, February 21, is being signed by
the members of the New York Coffee
and Sugar Exchange. Tlrls would mean
n suspension of business from Friday
to Tuesday. '
Cluctt, I'cabody & Co. lepott net
profits for the yean ended December 31,
IOIII4 after nil charge's and taxes, of
$5,103,120, against $1,871,102 reported
in 1018. Net sales of the company
nECresated S32.421.815. nn Inrrennc of
L3iu,UiU,:flii over sales 01 the previous
j ear. Alter payment ot preferred and
common dividends, the company reports
n surplus of $3,583,120, against $301,
102 in 1018.
The financial and business commu
nity has recovered somewhat from its
recent ease of '"nerves," and has re
gained to a degree its normal compos
ure. The predictions and rumors of
dire calamity have ceased.
A reflection of the big business which
tho rubber companies did during 1010
through, the great degree of activity in
the automobile industry is shown in the
annual report of the B. F. Goodrich
Company for last year. The net sales
of $141,343,410 are the largest in its
history, comparing with $123.470, 1S7
in 1018, and $87,153,072 in 1017.
Advices from Atlanta ycsteiday
stated that directors of the Coca-Cola
Company had declared nn.initial divi
dend of $1 a share, payable April 2 to
stockholders of record March 13. It
wus announced that the company's
total business since September 13 last
vus approximately $12,000,000, of
which $1,000,000 was net profit.
CURB LIST SLIPS
OFF AFTER GAINS
Stocks Moderately Strong
Early, but Market Lacks Sus
tained Buying Power
OILS SHOW LITTLE CHANGE
New York, Feb. 10. Trading on tho
Broad street curb was genernlly quiet
and fluctuations, even in the leading is
sues, were comparatively narrow. Some
stocks showed a moderately strong tone
in the early trading, but there was no
sustaining buying power, and, after ad
vances, these issues more 'than lost
their early gains. .
Oeneral Asphalt first moved up 1
point, to .88, and then dropped to 80.
General Motors was traded in at 25$i
to 25U ""d Sirbmnrino sold nt 13 to
13V1.
British-American Tobacco was excep
tionally active and strong, being traded
in on a large scale from 18 to 10 ',4.
Petroleum stocks showed little change
in their trading position, Simms rang
ing from 34 to Hi and. White Oil
from 20 to 30i. Gilliland was ex
ceptionally strong, moving up from 40
to 41.
Ornhpum Circuit sold at 20 to 2851 .
Armour Leather sold nt lO-li tottO'4-
T nited Retail Candy was firm, with
ales at 14 to 14U.. Carib Syndicate
sold at 31 to 331,4.
INDUSTRIALS
Dlrldeud.
When
You Make This Company
Your Agent
you may authorize us to
File income tax returns
Pay taxes
Collect income
Care for securities
(Some, such as mortgages, require much attention)
We invite you to consult ourTrust Department
Commercial Trust
Company
City Hall Square West
Member Federal Reserve System
Offlrr of
THE II. C. HEIST COMPANY
Land Title Blir.
Philadelphia. Pa.. tb. 18. W"0
The Directors of tho WUmlnirton r. m
Compaiu ha this das- declared a recular
semi-annual dividend ot three ter cent (S3 00
per share) on the Preferred stock of the
rompany outotandlni. pasablo March 1
19J0. to holders of said stock of record it
the close of business February 21 19"ft
Books will bo closed from Pobruarv r,l
1030. at 12 o'clock M. to March 1 ll'J
t 10 o'clock A M. Checks will bo, mailed'
C II. WEAK
Secretary
at a nEauLAii aniETiNo or the
board of directors of tha United Auto
Stores. Inc.. held, Saturday. February 7
1920. a dlvtdend of 3 on the preferred
stock -was declared paablo to stockholder
of record December t. 1019. and a dividend
er.7? rorhdrrerbVuerrvd2,lt.OIi,920O 't
.U. March 1. Xje w.fi.5.
Treasurer.
1 Application bns been made to the New
York Stock Exchange to list Licuctt .
Myers Tobacco Co. $10,748,200 com
mon stock B.
?5jp amerk n rim-KB 4 light co
- 71 Brrmduaj New York
COMMON STOCK DIVIDEND NO "9
T.hf.5ulau0uarterlv dividend of one per
rent (KS.) on the common stock of theAmrZ
li"in I'Oner &. l.lrht I nmnnni ha. i --. ,
', "j ; t. . : .' -"L 'a wen no. i ...... . ... ... J
cirfS- "'" 'inrru 1. i.-. common initteu to inc rcguinriisc 01 me exenange
stockholders or record at the close of biui..l tn imn (inn -. ..t.n. .i.i i j c
1P20 ! .r-..wv mob tiuit,u, fcuiu UUUU9 UL
The sjndicntc composed of Chase Xa
tlonnl Hank. Xntional Bank of Com
merce nnd Salomon Bros. & Hutzlcr,
which recently purebnsed $10,000,000
notes of the Commonwealth of Massa
chusetts, $3,000,000 of which mature
November 18, 1920, and $7,000,000
Tcbruary 18, 1021, announces that the
entire issue has been resold.
At the organization meeting of Com
mercial Trust Co. today the following
changes were made: H. W. Stehfest,
formerly tice president and treasurer,
becomes vice president; Mark Wilcox,
formerly assistant treasurer, becomes
treasurer ; Henry C. Gibson and .7.
Wntti Mercur, Jr., formerly assistant
secretaries, become nlso assistant trcas.
urers The otiier officers remain the
iame.
The listinc committee of the Phila
delphia Stock Exchange has today ad-
ncsi Tebmary 19
W1L.L.IAM r.EI.S-EP.. Treasurer
Special Notices '
Office of
INSURANCE CO HP NOUTII AJIEKICA
3d and Mnliint sts. """
Philadelphia
Tebruary 10. 1920.
At a meeting of the stockholders held
Prlday. February 01920 a resolution was
ndopted Increasing the capital stock of thi
company from $4,000 000 to J5.00O.OOO
At a meetlnc of the Hoard of Directors
held this day tho followlns resolution was
adopted:
HESOLVHD Each stocl.holder of record
nt close of business February 14, 1920 nhaii
be entitled to subscribe fo- one (1) share or
pew stock on account of eery four (41
shareB held. The nmount to be paid for
each share shall be twentv dollars (20) ten
dollar (10) of which shall b. placed to
I capital and ten dollars (J10) udded to the
surplus of the company. w
1 Warrants will be mailed February
I JOHN KIIEMER.
Secretary.
SI,
l'ropo,al
the Atlantic City Railroad Co. extended
to May 1. 1020, with interest at the rate
, ot "1(. per cent per annum, payable May
1 and November 1. Nos. 1 to 220, both
1 inclusive, for $1000 each.
The Subtreasury gained $801,000
from the banks yesterday, reducing the
cash net loss 6ince Friday to $43,000.
Frederick Peircc & Co. announce
their removal to larger quarters in the
Morris Building, in which building they
have been located ever since the estab
lishment of their business.
1
Appointments by Reading Directoa
The following appointments have been
made by the board of directors of the
Philadelphia and Reading Railway Co. :
John F. Audi, who was formerly -wee
president in charge of traffic, has been
Acme Coal .
Am Marconi
Amer uanny
Armour Lea
Tlrlt Amer Tobacco
Columbia Emerald
Uen Asphalt
General Motors
Indian Packlnc . .
Montgomery-Ward
Nor Am Paper
Orpheum
l'errection
Radio Company J. .
Republic Tire Rub
submarine Boat
V b Steam
United Ret Candy
United Profit Sharing. . .
High Low Last
. 1V4 IS
n . k W
. low lots tow
... . iou io4 in(4
coup.. 1 18Ts 10H
12 . 11 11 i
BUSINESS NOTES
8tt
ink
3.1
20
i
a
80
25
18
sSfe
i
IS
1.1
INDEPENDENT OIXS
U
AHIffrl'Oil
il.rciai'ilnral flan ... 2A
Hoston Wjomlnr 1J4
Carib Sjn .. .......... Sa1-
Cities Service "B" ctfs.. 40
Cosden & Co 8
Dominion ..1 137s
Duquesne 0
Ertel Oil l'
Irderal Oil 3
Gilliland 40,,
Olenrock Oil 3tt
Ouffey Gillespie 27H
Houston Oil 1 .,
Inter Petroleum 59'i
InWnclble 31 U
Island Oil n't
KITE Petroleum 2V
Lone blar 33
Lrtlnsstotf 1H
Magrma RW
Merritt Oil , 10
Metropolitan Petroleum .. 3
Mexican Pan 15.,
Omar Oil OH
Pennok Oil 7?i
Phillips Petroleum 30
Producer & Refiners SH
Rjan Oil 37s
Seauojah Oil to
Skelly Oil 10S
Slmms Petroleum .'. 34
Superior 14V
Spencer Petrolum . . '. 10i
Texas Co w 1 47
Tropical Oil 1H
L'n Texas 1 In
Victoria Oil new - li
Vulcan Oil Tit
White Oil 30'
MINING
Alas-Br Col
Atlanta .. 2
Belcher Dltde 18
Belcher Divide Ext . . . 10
Booth "
Boston-Montana 49
Carson. Hill 2.1
Cons Virginia . ... O
Cresson Gold 2
Crescent McNamara A
Divide Ext "
De Beers tl'.i
Fortuna Cons 13
20
l'i
31
40
8U
12W
15 4
3
4k
2JH
B9U
30
$1
BVa
10
3
IB
?
30
SH
31
wt.
.14
13'.
11
47
1R
1
m
3
10
CO
21
S7
2,H
13
20
Us
33
10
85,
&
P.
40
2M.
28,
1
r.ov;
31
n't
35
!'
0W
10
3
in
7K
30
8'i
3i.
i0
34H
13Tj
lOV
47
18
7?
30
It.
10
5
09
Carnet bnvers hve fonrtd themlr
Rr concerned. Under tho present soil,
in arrangement!!, they Je SJS'11' S
put In orders fir more than their usual
requirements In order to set tho amount
of goods they need.
Leather market comlltlonii are un
changed" Severnl tanners oro booking
moderate sized orders from day to day
Srbi?h sol and upper leather and have
sufficient quantities booked to t ahe caro
of their production well into tho summer.
Sine the women'n ult mnnufaeturerii
-switched to more modcratoly priced lines,
following their unsuccessful attempt to
rSet merchandise nt very hlsh ngures.
there Is said to bo more activity on the
typo -of garment. At the beginning of
thb season the manufaoturers In many
Instances started their lines at J7B. A
common sfartlng point Is now J50. and
It appear, to be finding a creator re
sponse; Trlcotlnes and polret twills are
the materials being -most generously
sampled by the retailers.
Tuesday's spurt seemed to be too much
for the gray goods market, which slowed
down again yesterday. Sales of Im
portance were few nnd far between,
though a fair nuYnber of inquiries were
renorted. Twenty-one cents was paid
for spot 4.70-yard sheetings, while
among the prlntcloth business were spot
Jes of Eastern 38-Inch 48-48a at 19U
'cents nnd spot 39-Inch 68-728 at 24
cents. Fine-yarn gogds and the cloth
ing styles continued to drjfg.
The decrease In production of men's
suit coats, which occurred when tho
waist seam styles were being made, not
only cut down th? output of the cloth
ing factories while such garments were
being made, but Iiob had a bad after
effect, according to manufacturers. The
operatives had an excuse, when fancy
coat styles were being made, to turn
out fewer coats, It was pointed out by
one manufacturer, but now that opera
tions hava, returned to tho former plain
designs there ought to bo morn gar
ments produced. The latter, however. Is
not the case and, onco having dropped
on tho output, the workers show no Blgns
of malting up the loss.
I) j en tuff manufacturers have been
handicapped fflis week by tho scarcity
of raw materials railroad embargoes,
etc Drug nnd Chemical Markets will
pay today, and buyers are withdraw
In r until supplies become more available.
Price changes In drugs and fine chem
icals were, largely downward this week,
although there were some advances.
Vegetable and fish oils .are stronger In
price, and there are Veports of heavy
buying of the former for German ac
count. Caustic soda showed another
rise this week, and bichromate of soda
advanced sharply. Soda, ash, prusslato
of soda and bleaching powder are very
firm.
There were 73SO bales offered at the
tendon wool auction sales yesterday.
Good sorts were firm but. Inferior gradeB
moved irreguiariy.
J
PHILADELPHIA MARkETS
GRAIN AND FLOUR
WHEAT lUcelpts. 43,082 bush. The
market was unchanged. Quotations were as
frllowsi Car lots In export elevator, jtov
ernment standards Inspection, standard
prices. No, 1 reS winter, J2.E0! No. 1
northern spring-. J2.30: No. 1 hard winter,
J2.89: No. 1 red winter, (tarllcky, J2.371
No. I red. mutty. 12.36! No. 1 red. Bar
lick and smutty. 12.84. The On ted States
Oraln Corporation's purchases of'wheat aro
based on the following- sohedulo of discounts:
No. 2 wheat, So under No. Is Nf. 0 whMt,
flo under No. 1: No. 4 wheat, lOe under No.
1: No. 5 wheat, 14e under No, 1. ,
CORN Receipts, 10,578 bush. Supplies
were small and the market was oulet and
unchanged. We ouotenew. as to quality
and location, at $1.5891.08, the latter tor
NOATy-necelpts. D203 bush, Trade was
quleft but the market ruled steady under
light offerings. Quotations: Car lots s to
0-catlon No. 2 wh te. Sl.0291.02tt ! No 3
white. .0lO1.01ttl No. 4 white, $10
FLOUR Receipts, 200 bbls. and 1.740,410
lbs. In sacks. Trade was slow and the
market was without Important chanfte. Tho
quotations were as follows: Per 100 lbs.,
packed In 140-lb. Jute sacks Soft winter
straight western. J10.7n11.23i do, do,
nearby, S1O.O5011I hard winter, straight,
J12.MtPl2.73: do, short patent, ltntn.K0;
spring first, clear 19.50010: do. patent,
11X20013 08; short, patent. S14.2S14.0ili
fancy spring- and city mills patent, family
brands, 114 BO15. , . . , . .
RTE FLOUR sold slowly, but ruled steady.
Quotations $90.25 per bbl.. In sacks, as tc
quality.
PROVISIONS
There was a light Jobbing trade and no
Important change In prices. Quotations; Beef.
In sets, smoked and alr-drled. Die: beef,
knuckles And tenders, smoked and lar-drled,
62c: pork, family, 62oi hams, H. P. cured,
loose, 2720c: do, skinned, loose, 23V4
2oftc; ao, ao, ,amoKea, ;-P2ttc; nanis,
boiled, boneless, 89c; picnic shoulders. S. p,
rste?.0; s'fte old"
ducks. whltePeMn 44rai8,". "sll
..DSSEp-Flne'lieSa!,,...,..: ""' ,
vvcu tieanQq
inp quotfl
Picked, lit
OVPF nnlnen
otz: --r" ', weiffhinn 'd.
and over ini. Sil"'.c',eo, wurt,i;i' irt
g"P nnd mi. n. '". ttnpV L
nz. . r. k VreAf-v1 ftuw:
iir.-."' "e.gning i ,sw
ssssa afc k vjses &."&
ftekiii: weu1hTnCg lT$, ? t
COe: roasting chicken.' i'??' PIt A'l
in DBS., Welrhlnn? i Ik. "" dnril.t'
anraa7n. o,i-ki-n5 1, "? and ..7T'Im
Welghlwr 0 lbs. apiece ii&tiUSi
I
R!r 'A-u 4: is tS "4n?k,un?" '
lb.. 45O480; 25 to 80 lhi l,ta' Sot J
4042r: 81 to 30 lbs" to'j '" , L ft
ftRol S7 to 11 iv. . .aS.. PPF IC.It
cured.' loose, 28c: do," smoked, 24c: bellies. In ,??ffSi.
pickle, loose, 25c; breakfast bacon. 82c; lard, '" '-.
Iflc.
DAIRY PRODUCTS
nUTTER Demand, while not active, was
sufficient in a jobbing way to enable deal
ers to effect a good clearance of fancy
stock, prices of which advanced lc under
stronger outside advices. Quotations: Solid,
packed creamery, fancy, high-scoring goods,
flrsts 7072c: extras, 00c; extra nrsts,
05068c: firsts, 59084c; seconds, 523r,c:
sweet creamery, choice to fancy. 71 73c!
fair to good. 67070c; prints lobbing at 77(0
79c for fancy, and at 00070 for fair to
choice
EQOS rtecclpts were light and tho mar
ket advanced SI. 80 per case under a good
demand. Tho quotations follow: Tree cases,
nearby firsts, S21 per crate: nearby current
receipts, S20.40; western xtra firsts, J20.7O;
western firsts. S20.10: sleeted fresh eggs
Jobbing at 7878c per dozen: cold storage
eggs, as to quality, S1215.R0 per case.
CHEESE Trade was slow and prises
favored buyers. Quotations: New Tork.
whole-milk flats, held, fancy, sic; fancy
held specials higher: held, fair to good. SOCt
30'4c; current make, nominal; Wisconsin
whole-milk flats, held, fanoy, 31c; fancy
held specials higher; held, fair to good, 300
SOttc; Jobbing Bales ot fancy held goods, 33
31c.
POULTRY
LIVE rine deslrable-slzed stock was
pretty well cleaned up and ruled firm. Quo
tations: Fowls, lino fat, 40042c; do. Inferior.
38039c; broiling Thickens, fancy, sott
meatcd, weighing ltt 02 lbs. apiece, 60r5c:
spring chickens, average soft-meated, 400
80o: 43 to 47 lbs. to do? K f ' 53
some heavl.r'stokrh'igV' '"9
apiece. 62e; welghlnii ' n lk?e,rt wt f n
weighing r, lbs. RPIecc. 4S'....WV
ware ana Maryland, fancy sir"- Dii
Blnla and other nearby, fancy ". H
nearby, fair to irond. B3ns?t 58,,3
spring, fancy. nsBRne, 7.i'ci . nJ'3
55c: old toms, 48c; duck. . we.i.JF0,.l Hi
n"VU, -UVFjiiC. ' wi Hlfti
FRESH FRUITS
Cranberries wero dull and .,,
was a moderate movement in Si1' Ifc
nnd valitau irn..nti.. J..r:v H other Jr,
' 'dr. Qj
to quality, ii
mnberf,:'1
and values generally ruled ste.rti'"-
tlons: Apples, per bbK as to o,f.,T: 9t
??: r. bo. - il.BOod.BO! ertl1'? t
K.wos; do, per cnTii l'' J
s ria..' per' bo?. 4oeHR.'1.9"'
Fla.. per ttox. 3.50c?i' S"
Da.
per qt,
VEGETABLES "
Potatoes, onions and cabbag.
iiy wero snaae nrmcr, with V to
sorblng the limited offering,. dffll
Whlto potatoes. Pa., per cwt.. It $H
N. V per cwt.. S4.4O04 00. Wc,t i.''
miuuiern, per namper, 11.10 ffl2 4fT. .!
sey.per basket. S1.50fi)1.85i cabl!lA
iianisn. per ton S8OW05: do PI. i.i
per, II, 7502.25: onions, per loo'iyPtrhl
t"u"yb' uoro. z.mn
LONDON STOCK MARKET
Dealings on Small Scale Oitt pj
lied Home Ralls Move UowifJ
London, Feb. 10. Dealings in nen
men uu iuc biock exenange were mi
small scale today, but the marketij
4l 1-tlln wbfii fW-ii A f. J , ''J
...., w. ...u.. 4iitr urooput f
oil department rallied. Shell Tr.nm,
sold at IS 1-10 and Mexican Earla.
11 13-10. i
There was Investment buying ot J
gcntlco rails, home rails moved ti
""" ouiFiiun. wus given to I
nadians.
l'i
Gold Devp 13
Gold Kewanas
Gold Silver Pick
Jumbo Extension
McNamara
Motherlode
s ar.v-f. "
North Star .
Hex cons
nir-irE oil llir. COMMissinvKMv .... i
rA,.,ill"V.,lI.,'AK ! '"'Hie assistant to the president; CharKs
Philadelphia, Pebiuary 17. i9"(i 'I Cwin, who was formerly vice presi- i smerSlcfnff 'of Arli
JiT,TllVi. '""' ""1 "ho became federal munaeer guJffK'I"ldDhu
ruar 27. l?-'0. for furnishing lumber. under Koveinment operution, again be- i steward Mln '
mce mu at ibis comes vice prebiuent in ctiarRe ot oper-
3W
14
o
is"
75
10i
0
o?.
41U
12
3Vj
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By order of the Commissioners ot Pair
nount Park. -
AL.VN CORSON.
Chief Engineer.
Banking
Mail
By
E
VLN though you arc not located
in the central business and shop
ing bcction offtlic city, you may
checking account with this
carry a
Company
3j ,3 1& K
"r''fl.-V'1" v! ii'jhi:iii'i
ir
CHUtTlRED M
IF your business hours do not permit, or it is otherwise inconvenient
for you to visit the bank during banking hours, we will furnish you
with a supply of deposit slips and self-addressed envelopes in
which Jou may forward your deposits to us by mail. Your accqunt
will be promptly credited and an acknowledgment .sent you.
fc.
I in 1 trtti 1 is allowed at the rate or z."-0 on average
monthly balances of $300 and over, or special ar
rangements can be made for a higher rate of interest
on time" deposits.
o
UR SERVICE DEPARTMENT will gladly
give to you upon request, full particulars
of the Banking by Mail Service.
THE accounts of INDIVIDUALS,
MERCHANTS. -MANUFACTURERS
and CORPORATIONS
are invited.
Capital & Surplus , . . .$10,000,000.00
Resources 65,000,000.00
Individual Trust Funds .'. 230,000,000.00
GIRARD TRUST COMPANY
Broad and Chestnut Streets, Philadelphia
EFFINGHAM B. MORRIS, President
Member of the Federal Reserve System
ation and maintenance; V. II. Crosley,
formerly, coal freight agent, Bucceedi
Mr. Audi as vice president in charge
1 of traffic ; William Ii. Kinter', who was
asbistant general solicitor, becomes gen
eral solicitor; A. B. Bierck, who came
from the I.one Island Ilailroad to be-
i omc federal auditor, is now eomptrol
18
0
i
Success Mln
Tonooah Relmont
TonoDah Cash Boy A
Tonopah Divide 2'i
Tonopah Ext L'U
Tono-JIm D .....23
Tonopah Mln ........... 2W
-l onopan Mispan 7
Tonopah Rescue Eula
umtea uastern
Victory
nue uaps
li; J. D Landis. formerly purcha-ing ' wiib'rtCaf f EXt
agent of the Heading, resumes his of- Ycrrlnston
22
3H
16
12
IS
k
14
11
lifr at the termination of federal cm.
tiol All changes are effective Muith 1.
Bank of England Statement
Londju Feb. 19. The weekly state
ment of the Bank of England Miows the
following (hangeB: Total resiervc de
creased 1,105,000; circulation in
t reased 3,070.00,0 ; bullion increased
' 2,474,201 ; other securities increased
4,1)02,000; public deposits increased
t.:S2.'i,000: other deposits increased
t."2,n.'IO 000 notes reserve decreased
tl, 100,000: government t,eeuritie, in.
leased .'::;.l 71 ,000. The proportion of West Ton
the bank retere to liability this ePk I
t- 17 12 por rM,t; last vecK it uas I Allied Dh
1 III Alto Dlv
Uelcher .
:rT - - Ben Hur .
"- Ftrouxh Di
Allied I'acl. fli
A T T 0s of '-'2
General Electric Ch
07 1)7 'v
IS
II
S3
I.,
12
81
07H
LOCAL MINING STOCKS
TONOPAH STOCKS
Bid
Cash Boy .07
Jim Butler 23
MacXamara 50
Midway 14
Mlzpah Ext 06
Montana 10
Nor Star 00
Rescue Eula 23
Ton I.t 2'i
west i:nd l't
.Oil
DIVIDi: bTOCKS
.OJ
03
. . tr
. . . 0.1
20
Sale of Buildings and
Equipment U. S.
Navy Training
Camp, Detroit,
Michigan.
Sealed bids for the
sale of the buildings of
the U. S. Naval Train
ing Camp, Detroit, Mich
igan, will be publicly
opened at 10:00 a. m. on
March '9, 1920, at the
Navy Recruiting Office,
Journal Bldg., Detroit,
Michigan. Catalog of
this sale may be obtained
from Lieutenant Com
mander N. B. Farwell
(S. C.y; U. S. Navy,
Senior Member, Board of
Sale, Naval Training
Station, Great Lakel
Illinois. j
Dllide Vxt .
uiv bynil . .
i Dlv Con . .
1 Dividend . .
I i:at Dlv . .
Husbrclc Div
HlRh Dlv ..
Ileert Dlv .
, r.eno Dlv . .
Itoietta . . .
MUer KinK .
Tun Dlv . . .
Ton Hasb'cU
Victory Dlv .
I Verde Dlv . .
I Zone
02
03
.12
n.i
02
nj
20
n.1
o.
04
Asked
09
.25
on
.17
08
' .13
II
25
2
08
01
0
73
01
ni
is
or,
ot
ni
57
01
.
5 I
AtUnta
Illue Bull
Ilooth
COD
Comh Krac
CrackerJack
Dlamf II 1!
Daisy
Florence
OoMf Con
Goldt Mere
Gold Dev
Oreat Hend .
Jumbo Uxt
Kean ti 4
I-one btar
Oro
Ited Hlll
Silver ricl.
Spearhead
.12
13
.10
-V
GOLDFICLD STOCKS
02
MISCKLLANEOUS
Amparo
Ails L'nlted .
IMfn . . .
Mother Lode
Ncv Hill ..
Nev Band
Promontirlo
Nev Vv'der .
Tecopa Jiln .
White Caps .
oj
04
0J
OS
in
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nj
jo
l.'l
02
i:,
oj
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01
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05
1 70
U,
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1.
17
10
10
1 80
20
13
Reserve Bank's Discount Rates
The first (olumn gives rates for all
periods tip to and including n. fifteen
day maturity, the beoond-for a period
of sixteen'.to ninety dajB. The third
and fourth columns give the rates for
discounts for collateral loans secured
by government bondi, or notes.
Com 1 paper
into to
li aas
1
Boston
New York
Philadelphia
nichmond
Cleveland
Atlanta
Chicago
St I-oul .
Minneapolis
Kansas City
nanus
San Krancli
r,
ti... . ji i . :
i -iiro vir vuiimimuiK ccrilncaieB
OoM paper
1A in no
days 15 days day
? esv!
II T.U. kZ
A New French
Internal Loan
THESE bonds, constituting a 5 Redeemable National Loan, are
a direct obligation of the French Republic. They arc. redeemable
on interest dates (May 1st and November 1st) by semi-annual drawing?
At 1500 Francs per 1000-Franc Bond, the whole issue through theie
operations being redeemed within
sixty years. Bonds not drawn as above
arc subject to redemption at option of
the Government at 1 500 Francs per
lOOOyFranc Bond at any time. Interest
and principal are payable in Francs.
Tn the remarkable progress thus far
shown in reconstructing the industries
and transportation lines in the war
7011c, France hasghen every indica
. tion of repeating the rapid recoveries
which have followed previous wars.
With the return of Alsace-Lorraine
and the rehabilitation of the French
steel industry, France will rank high
Among the stcel-producinginations of
the world.
In addition, its rich territorial and co
lonial dominions comprise a widening
of natural resource, the development'
of which will give outletfor an ex
panded French industry and tend to
increase the national wealth and in
come of the country.
Interest Rate 5,t, payable
semi-annually.
Issued in Francs and may
be purchased In dollars at
rate of exchange fixetl
each day.
A 1000-1'ranc Bond, at pre
sent exchange rates
(Feb. 17, 14.35 francs per
dollar), may be bought
for about $7..
Bonds will be paldthrough
semi-annual drawings or
through call at the rate
of 1509 francs for each
ItM-Frane Bond.
Denominations: 1M4, 2M,
19,t, 3,M francs.
Free from all French taxes.
t
Subscriptions to this loan accompanied by cash payment will be re
ceived by us on behalf of the French Government ,on and after Febru
ary 19 to March 20 unlcss'subscription bopkwre closed earlier by order
of the French Government. We will receive payment in United Stater
dollars based upon the closing rate of exchange ofvthe previous day, as
fixed by the French Finance Agency in New York City.
Price, 1000 Francs per 1000-Franc Bond
Tn order to, simplify the collection of coupons and principal, bonds mar
be held in custody at our Paris Office and the amounts collected with
respect to interest and principal remitted by check to holder in francs
or in dollars at the current rate of exchange or deposited to his account
in Paris. A fee of one-tenth of will be charged for this service.
Due Bills of the Guaranty Trust Company or NcwYork as agent
of the French Republic will be issued against payment and temporarv
and definitive bonds will be delivered aS received from the French Gov
ernment, and delivered to us.
A circular giving complete information will be sent on request,
Guaranty Trust Company of New York
140 Broadway
FIFTH AVENUE OFFICE
Fifth Avenue and 43rd Street
LONDON
LIVERPOOL
MADISON AjVENUE OFFICE
Madison Avenue and (9th Street
PARIS HAVRE BRUSSELS
Clayton' F. Banks, Philadelphia Correspondent
421 Chestnut Street
Wo do not guarantee the atatenunta and figures presented herein, but thty '-
taiccn from sources which we believe to be accurate,
of In.
1 per
cent
'
N
v.,
N .J$
&d