WW wrr 7 ' 1 , i i " Tf European Securities for- American Investors As this country the" European associated war. as eign .-- J1l.nL IS tUC ntucov. in the world nations with us Jn well as for- .JlkltM Mil rnrnorulJUUOi imi- .Jiii. inok to us to help finance them during the reconstruction period. Because o exchange rates and the demand for capital, inducements, are offered which are without parallel in the Slstory of finance in onnection with Euro pean Government se curities. Writ for our ncommendotiona Hemphill, Noyes.& Co. yimlw Vu Vorfc Stock Bxehanoa Franklin Bk. Bldg.', Philadelphia 'w Tork Boston flcranton Are You Watching The Oils? Do you wish you knew which shares might be the very" next to go up? Study the Interesting Facts in our new booklet, "In dependent Oils." Observe 'which of the 27 going con cerns it discusses are drill ing in rich territory or otherwise increasing their profits. An impartial guide for investors and traders. Call, 'phone or write at once. AfikforBooklctT.U.-699 JONES & BAKER SECURITIES Wtdcncr Sid, Philadelphia rkeottBttl, Walnut 6065 k'ejsiom. Race 2290 Direct Private Wins Offices in 8 Principal Citiea Corporation Income and Excess Profits Tax Matters Expert preparation 1919 Returns Expert Review 191719181919 Returns Consultations Conveniently arranged Phone Filbert-2460 Benjamin Robin (Ptrmtrlv trltH Bur. Int. Rn.i Consulting Accountant 219 North American Building DAVID LEVIN, itMldent ilinanr licvt Bldo. Trinity Btia. ., D. a. Sew Tork, It. T. ' ;SyfoMpry public; LflpGEBpfflL 25y:m i ImIimk tiink rkl- raMMnaHMMnMHMMiiiMtMHMMaMMnHMmi 'v!v W 41 'fl NEW YORK BOND SALES -Summary of Indlrldoal Transactions on the New York Eichmjs Am-Atr & C D Bo 1000 .... ot . 4000 ...i Off Am Smelt lUsf 6s 1000 .... 8?i Am Tel Tel Co clt 4000 . ... 1BH 1000 .... 7R 0000 .... 7i 0000 .... 78H Am Tel & Tel Co Co looo .... ni 2000 .... 81 1000 .... 80 Am Tel A Tel Co 6s 2000 .... 07 AnBlo-lTrench U 6s 2000 2000 4000 1000 148000 soon 2000 2000 1000 1000O 1000O 0000 1000 10000 10000 158000 100000 22S00O 2000' 10000 .1000 3000 4000 7000 7000 600O S000 20000 1000 08, no n on a oo U 08 Vi 08V 08 06H oou oou 0894 08V 08U oon 08 08 00 00 00 08 7 08 00 ft 0B 00 S 00 0 08 S 00U Ann Arbor It Co 4b S000 .... 04 Argetlno Rtpub 5s 1000 ... 73 Armour & Co 4Hb 1000 .... 83 Atch T & 3 Va 4s 2000 1000 2000 1000 1000 0000 7000 78 71T4 77 18 " 78 11 Atlantic C Line 4o 1000 .... 78 Baltimore cfc Ohio cv looo .... 80 1000 .... 65 20000 .... 81 2000 .... 04 1000 .... 05 1000 .... 84 1000 .... 85 Baltimore & O 3o 7000 .... 83 3000 .... 83 4000 .... 82 1000 .... 82 6000 .... 82 4000 .... 2 Baltimore & Ohio 4s 1000 .... 65 5000 .... 84 1000 .... 04 Baltimore & Ohio 6s 10000 .... OS 4000 .... 05 2000 .... A3 1000 .... 11 2000 .... 05 1000 .... 04 Baltimore & Ohio 6a 3000 .... H4 1000 .... 84 10000 .... Hl 2000 .... 84 100OO .... 84 800O .... 84 1000 .... 84 4000 .... 81 Bait & O P & L E fr W Va Sys 4b 2000 .... 67 B& O So West SV&8 1000 .... 74 1000O .... 73 f.OOO .... 73 4000 .... 73 1000 .... 73 Bait & Ohlb To 4s 3000 .... 60 1000 .... 60 Beth Steel Corp (d 1000 ...'. 85 Beth Btoel Corp 1st 1000 04 Brk Rap Trans 6 s 1000 .... 30 Brit Union Elo let nooo .... ai. Bush Term Bldg 6a 2000 .... 74 CaJ Cat) & E Co 6b 0000 .... 83 i Can Sa Railway Co 2000 .... H'i'j j Cent of Georgia 6s I 2000 .... 01 ' COOO .... 01 Cent Leather Co Ga Y 1000 04 Central Pacific: ut 1000 .... 72 Central Pacific 3Vb 1000 .... 80 Cent RR of N J 6s 1000 .... 00 Chop Si Ohio lMlia 8000 . .., . 77 4000 .... 70 1000 .... 76 1000 .. . 70 1000 .... 7(1 1000 .... 70 Ches & Ohio cv 4o 000 .... 65 2000 . ,. qa( 10000 .... 0iji Chi It 1 d laa 48 1000 .... 73 4000 . . 724 1000 .... 731 Chi Union Stii 4i$B 1000 .... 7g Chi & W lnd Itl't 4a 1000 .... AO 2000 .... (! 1000 .... .- 2000 .... 88 ChllllUO Govt llu-K Railway fiu 2000 .... 43(, 8000 .... 13 Chllo Copper Co 6o nooo .... 70 1000 .... 70 1000 .... 70 Chllo Coppcr.Co 7b 8000 ....102 3000 ....102 1000 ....101 City of Bordeaux 6u 16000 .... 00U City of Lyons B 6s 17000 .... 00 , City of Marselll's 6b 17000 .... 00 I Cof .V Y 4Jsof 6Ci 1000 ... . 08 City of Parlo B 6s noon .... oo 20on .... m ' 1000 .... 00 3000 .... 00 City of Tolclo B Bs 2000 .... 67 COOO .... 67 3000 .... 68 C C C St L pm 40 2000 .... 67 C C C & St L 4B 1000 .... 78 2000 .... 77 Col Oao & E Co 1st 1000 .... 82 -1000 .... 82 0000 .... 82 Comol'd daa Co 7s 2000 ....100 2000 ....100 1000 ....100 2000 ....100 Den & Rio Grand M 0000 .... 41 Den K- Rio Grand 4s 2000 .... 02 nooo .... 62 8000 .... 02 Den & ltlo Grand Cs 10000 .... 07 Detroit Tunnel 414s 2000 ... 70 6000 .... 88 Det United Rlys 4 2000 .... 04 Dom of Can 6,jo '31 1000 04 Dom of Canada G 8000 .... 03 Dom of Canada '2S 5000 .... 04 1000 .... 04 10000 .... 03 2400O .... 03 1000 .... 03 1000 .... 03 Dulth & I R RR 6s 0000 .... 80 Erie R R Gen Lien 4000 .... 44 10000 .... 44 1000 .... 44 1000 .... 44 Erie R R cv A 10000 .... 30 Erie R R cv B 3000 .... 38 2000 .... 3H 300O .... 38 Erie R R cv D 1000 .... 42 4000 .... 42 10000 .... 40 6000 .... 10 Erie R R cv 43 1000 .... C4 3000 .... 01 lloclctng Valley 4V5 1000 .... 70 1000 .... 70 Hudson & Man fd Minn ft St L fd 5s 5000 ,..? 48 Mo Kan & Tex 2nd loooo .... 30 1000 .... 30 Missouri Po pm 4s 1000 .... 67 0000 .... 67 10000 .... SS 6000 .... 68 2000 .... 66 1000 .... 68 Mlroourl Pac 6 '66 1000 .... 81 Mon Cent R R 6a 1000 ....too .Montana Pow Co 6s 6000 .... 86 1000 .... 83 NYC&HRR3HiB 3000 .:.. 66 N Y C & II RR 48 000 .... 75 200O .... 73 0000 .... 76 NYC&HRR4 2000 .... 77 N Y,C & II R n 6o UUKtS m ES AKt UNDER PRESSURE Lossos Fractional, ' With Evi- donco of Accumulation in Many Stocks on Doclinos INDUSTRIALS HOLD STEADY 8000 16000 1000 20OO nooo 800O 21000 3000 03 02 02 02 02 02 02 02 Kennecott Copper 7s '') Th only obllnition of this btrons company. (2) Vraio earnings durins "at four Vfora nvtr aeven len times Interest charuei on thin ltu. (3) Tavor We redemption terms, .1 Security of Rare Quality FrederickPeirce&Co 1421 Chestnut St., Phil.. Bah investing merely a matter of knovHng where to buy your bonds. Send for "Bond Talk" FWErv-ws& iMcoaoATC.o NEW TOnii rUILADELFnU 110 Main SL tw out at. BJUPqEPOUT UOBTON ByuiWKiii'jBinuiiffjijiisniaiai BATTLESL&CO Investment Securities Established 1800 j Independence Square, East :,::.:;:: !:.:.':'; ;:;:;;,:: a. :;M: jtnrrlran Irs n, K. 8. 1012 rrw Utlfk 0: 1031 ltET.,rk " Kwx. 6s. 1030 HENRY 0. B0ENNINQ & CO. SLJjalf.T,lJ,onf t New York Members JlliUu, OUttk Siibun OTtt Kaaauau J . WCOME TAX RETURNS rarsaii Corporation Tax Service Co. lSiJS, -7017 GUARANTEED Railroad Bonds GEO WILLIAM WALLACE 334 I.BM.1 Till- B..IIJI Vn isT. " "I""""""! 154t 2000 nooo 2000 2000 4000 2000 2000 76 75 75 75 75 76 76 Clu'a & Ohio cv 5a 2000 ... . . 70 2000 70 2001) 70 1000 7Dlfc 2000 .... 7M Chi & Alton 3VjU 8000 ... 33 Chi B & Q II 4a 1000 .... 71 Chi B & Qulncy 4s 4000 5000 1000 1000 300O 8000 2000 6000 01 01 01 04 04 01 04 04 Chi B & Qulncy neb loooo .... 80 2000 . . . 80 Chi & On West 4s 6000 .... 65 2000 .... 65 3000 .... 05 1000 .... 05 8000 .... 33 Chi at & p s Ry 1000 .... oo Chi M & St P D 4s 0000 .... 63 C M & St P cv 4'ia 1000 .... 7! 2000 .... 71. 8000 .... 10 CM i St V fd 4U 1000 .... 60 2000 .... 60 8000 .... 60 2000 .... fit) 7000 .... 00 10000 .... 60 1500O .... 80 CMftStPem 4 Ho 1000. .... 77 Chi M & S P op Cs 2000 .... 00 Chi M & St P cv 6a 5000 100 Chi & N West 3 We 3000 , . . . 83 Chi R I & Pac fd 6000 .... 03 2000 .... 05 2000 .... 85 8000' .... 63 1000 .... 85 1000 .... l'i 1000 2000 7000 6000 1000 4000 6000 1000 66 57 37 57 37 67 58 67 Hudson K Man in 2000 10 16000 16 Illlnota central fd loooo . . 72 6000 72 III Cntrul lu of "53 6000 00 Illinois inirnl C'iu 6000 ... 02 I00O 02 Illlnola ftccl Co 4 1000 81 Imp Jap Govtt lat 2000 N Y Cent L S 3i4s 10000 .... 60 NVNHt Hart 6s 600O .... 75 6000 .'. .. 76 t2000 .... 76 30OO .... 74 N Y L II & P Co 4s 1"00 .... 62 N Y L II P Co Co 1000 .... 78 N V Out & W R 4o 1000 .... 61 Now Orleans Texas & Mei Rly Cs 10000 .... 63 N Y Ralln-ayu Co 2000 .... fl N Y Telephones 4 ' 2000 .... 7804 J000 70 '000 ... 7gTi .... 78 1,1 -C.' & B 4!ta 3000 .... 43 .Norf & Western 4s 200(1 .... 74, Norf & Wcet cv 6a 2000 101 0000 ....lot New Orleans & T 4s 2000 .... 62 Northern Pacific 3o 1000 ... 03 2000 83 4000 ..,. 03 Northern Paciflo 4a 10000 . .. 7 1000 .... 7,1 COOO .... 70 Oresron Short L 4a 1000 .... 81 5000 .... 81 2000 .... 81 3000 .... 81 2.000 . ..-. 81 Oregon Short L 6s 3000 ...'. 00 O-WaBh R R Co & Navl Co 4 s 1000 .... 88 Pao Gas & Elec fia looo .... 78 Penna RR en 40 3000 .... 01 3000 . nifl'. Penna RR tin 4&o lOOU .... 80 2000 .... 80 3000 .... 10 1000 .... 80 1000 .... 80 2000 .... 80 Penna R R Co Co 6000 .... 88 .1000 .... 88 2000 .... 88 2000 .... 88 6000 .... 68 2000 .... 88 1000 .... 88 4000 .... 88 1000 .... 88 7000 .... 88 Poo O I. & C Co 69 3000 .... 67 Peoria & E Rly 1st 4000 .... CI Pero Marquctto 4s 0000 .... 67 R I Ark & L 4s 2000 .... 02 3000 .... 03 Reading It R Co 4s 20000 10000 2000 1000 5000 10000 !000 '.laj. 71 71 71 70 70 10 71 Imp Jup Govt 2nd 10000 .... 71 10000 . 70 8000 ... 70 4000 . . . 70 1000O .... 70 Imp Jap Govt 4 a 6000 ... 57 1000 . . 68 10000 .. 57 6000 . . 37 2000 .. . 67 Internat'l M M Ca 3000 . . 88 ntcrboro Met, I'.i 1000 nooo . . 2000 . . Seaboard 3000 . . oooo . . 10000 .. looo . . 7000 . . 2000 . . 3000 . . 3000 . . 4noo . . 10000 . . . . 70 70 70. Air L uj . . 40 . . 40 . . 40 .. 40 .. 11 . . 40 . . 10 . . 40 . . 40 50 2000 . . 1000 . toooo 4000 . 4000 1000 .. 6000 . 0000 . . . 5000 . . . Inter Met 2000 . . . 1000 18 IH1 18 17 . 18 . 18 . 17 . 18 . 1H ct 1Mb . 18 17 Interboro Rap T fd loon loooo loooo loooo aoon 12000 oooo 6000 5000 1000 oooo 3000 1000 62 53 32 53 62 52 62 82 32 52 52 62 62 Seaboard Air L fd 1000 .... 46 Southern Paclfle fd 1000 .... 75 2000 .... 75 2000 .... 75 Southern. Pao cv 4a 1000 .... 70 2000 .... 78 Southern Pao cv 6a 2400 ....100 . 20000 100 1000 ....100 20000 ....100 6000 ....100 10000 ....100 tooo ....tuo b't L& San Fran In 1000 .... 78 South Railways' 4o 3000 .... 08 4000 .... 08 1000 .... or 3000 .... 68 0000 ... 68 6000 ... 68 2000 68 South Railways Cs 8000 .... 84 1000 .... 81 S 11 M & O Ctfo la 8000 .... 67 '3000 .... 67 St L & San Fran aj 3000 .... 62 I New York. Feb. ITi. The market 1000 .... 02 on tho Urond Street Curb continued 1000 .... 63 iinriVr the Influence of the pressure, looo .... 62 which wns noted on the stock exchange loooo .... 62 , (ill through the morning, and nearly nil looo .... 02 , the issues traded in sustained nomc looo .... 62 amount of loss. 2000 .... 02 Outside of a few stocks, however. 10000 .... 62 declines were limited to fractional amolints and there was evidence of ael cumotation in many issues on the de clines. The heaviest loss in the oil croup wan sustained in International Petro leum, which dropped from 60 to 66. fMmniH, after selling nt 113, rallied to The industrials were generally steady and without cliunge in their trading po sition. Subumrinc Ront again sold nt IS to 13i2. Aetna at 8"t and Marconi of America at fi. Silver stockx continued to attract at tention, with Ron Alaska traded in on the largest scale nnd continuing its upward movement. Nipifislng was firm, eelllntr at lO'i and 11. Indian Packing (-old at 14 to 13&. BritUh-American Tobacco was traded in nt IS-li to 18j. INDCSTIUAI.S Hlh Low Last 'Aenmrnal 2U "U nti I Amer M.irconl 6 6 3 I Armour Lea in? IK in St T. Khti Vr-in n uru-Amer cnem cal H H 8 .nnn V. t ' Brlt-Ain'r Tob rt 77 7 1000 .... 00 Drlt-Amer Tob coup .... li 1814 184 6000 .... 00 Oeireral Motors 2' S34 24 lonon flHK. i Hayden Chemical n l. n innnn "" nail 'lu!"n lWn 14 13 131 16000 .... 08 lOrpheum 30i 30 30'J 15000 .... 08 Perfection Tiro 44 l',I 4U St L & San Kran C , " Jj'o o .- fr s? -J .ti.ru.riii- ,nc iiuuDir.nl , JK HUOmarint Foat 13'.j 18 13 U B High Hr-ed 3.T 33 33 V 8 Htenmshlp 3 a'i .3 United 1tctM.ll Candy .... 16 llU UA Unltod TrotU Miirlnic .... 2'4 2 24 United nature Trod .... 12S If i" lMirjliNDKNT OILS Allied Oil I) ,f, U Amal Ito'iilt; ', ' Rarneda.lo Corn 64 ln8 BO'-j Hell Pet l T. 1 Foaton Wyomln ,i m 1U C'oBdn A r'o M, M S'i rjpmlnlon Oil 1SS lr'i laI Duaueana ., H (I 'I Km uaani ret , n i-.ii.iiii'-'-m I'nrui r.tt'i on Federal Oil Gllllland Olenrock Oil . . . Ouftey Ollleoplo 2000 8000 8000 18000 12000 10000 8000 2000 4000 6000 2Q0O 6000 8000 48 47 47 47 17 48 47 47 47 47 47 17 46 St L & fan Kran A 26000 10000 10000 1000 2Q00 5000 4000 6000 2000 1000 10000 08 68 67 67 88 68 68 68 38 68 68 2000 .... 86 2000 .... B50i St L & 3 Weat R.cn 16000 V... 64 1000 .... 65 St L & S Weet'n lat 2000 .... 63 St L & a West R Ca 1000 .... 57 St P & K C S L la 1000 .... 03 Tennesee Cop Co 6a 3000 . . . ; 00 Third Avo R R 4n 1000 .... 40 Union Pacldc RR cv 2000 .... 85 UnlonPacIIlcRRla! "me0W 1000 .... 83 'Horn Pet 2000 .... 82 Union Pacific RR 6s 2000 ....101 2000 ....101 U K of O B & I "21 1000 .... 04 4000 .... 04 4000 .... 04 1000 .... 04 1000 .... 04 1000 .... 04 2000 .... 04 2000 .... 04 2000 .... 04 U K of G V &. I rcto of :: 2000 03 3000 .... 0.1 200O .... 04 lOOO .... 03 U K of G B & 1 rets of '23 6000 .... 01 UK of G B 4- I '37 Int Petrol .. laland Oil . . . Klnc Pet ... Lone Star . . Lance Creek Llvlnrston Marma, ..... Morton Pet t 1 37 SU 27 3 3U 00 is Omar Oil r.i Phillips Pet Prod & Refiners . . . Ked Ttoclt iltyan oil I Bapulpa Itef Sequoyah Oil ,Hkellv Oil Slmms Pet Southern Stutes . . Spencer Pet Wiener , Texas Co w I Trinity Paclllo .... Tropical Oil Un Teiae I Victoria Oil now... vulcan uu White Oil Way O . O Western Statep . . 2000 10000 1000 11000 6000 oooo 8000 4000 2000 1000 3000 10000 86 85 85 85 85 85 85 85 85 85 85 65 38 mi; in; ms, 40 04 174 IN 811 275 31? 68 68 B 6 3S 3H 36 ' .10 66 66 1. 14 44 4, 24 2 r, r.4 37 374 ice m'! 33 S3'. 14 14 104 in', in in 4S 40 03 o:t 174 174 1 1,4 84 84 HVt 274 34 34 MINING 1 70 15 18 6 ns U S Real & Imp 5a 6000 .... 76 5000 .... 73 nnnn l. i Hold Merrrr 1P, .K Gold Hll.cr Pick I.. I001'' 'Mm 0000 .... 71 Ulecl .Mlnlmr ... U B Rubber Co Sa i "owe t-und Alaska.-Drlllsli Col .. Atlanta Don Alaska Hetcher Divide llelcher Divide lilt.. i Boctli uoaton . .Montana . Caled Mlnlns 35 Canada Cop 14 CandeiarU M ",. Cresaon Cold 2 Creecent McNamarj, A Divide Bit K Kl Salvador 3 Kureka Croeaus 14 Cureka Holly 44 40 Mlnliur 14 Golden Gate tSp 14 Gold Conn 12 Gold T)ev 13 Gold Keuana 4 . .. -14 ... 17 ... 3V ... 14 ... 14 3000 .... 83 3000 . ,, . 81 3000 .... 84 6000 .... 84 U a Steel Co Ou looon . 600O . loon . moo . 1000 . 1000 . 6000 . Virginia looo .. P8 . . 08 0 . . 06 .. 06 ..06 . . 06 Rallya Ca 3 Wabash R R Co 1st 1000 .... 88 1000 . . . 86 Jumbo 15kiinslon . Knox nivldi- I.u norc Mlnlns ... I.culil'ina Co VacNiiniar.1 Marali Mlnlne .... Mn,,on Valley 1 Murray Mos , Ophlr silver ....... NMplFClnR I Norili Mar 1 Prtncr Cone , Tlocliestcr Mlnea ... Hope Croup I h'Her Klne of Arts. I Ruei-ers Mlntnc ... Tonopah Uflni'-nt . . iTonnpih Cnsh Toy. Tororati Olldo ... Tonepli Kit Tnno-JIm " Tonopah Midway , Tonopan Jiminc . . . Wabanh RR ("V. !rt 1 Tonopah Mltpali nnn nii 1 Tonopnh lecscue UuU. Wecto Air U Co '37 .rn'i'd Katteru 4000 .... 85 Ifthhllev West'n Maryland U . XiZ'SunW c. ' .' ! '. I '. r.y. Southeni Puolllo T 20U0 73 1000 .... 62 1000 .... 61 West'n Pac RR Ut 1000 .... 82 Weat Shore R R la 1000 .... 71 5000 .... 71 Wilson Co cv 3000 .... 02 21 24 76 14 10, in 4 20 2?. .5 16 i!S III 21 S'. 34 14 11 UJ 21 16 Milte Cans While Cap I5t.. 1' wnnert Yerlncton . . I noMis Ml I id Pack fi; . . . v TT n, of 'VL' ATT of '24 llcltflan tiov IU of Genera) Kl-e Ou t K T 7 ItUhilan 34 s 77 034 !'. mi4 lis4 IT 31 Illeh Lou Lib Bond a...a ... 0.T.70 Ou.!)'.' Lib Hond 1st -Is.. 00.00 OO.oO Lib Rond 2d Is.. 00.20 00.00 Lib nonds 1st t'ia 01.20 01.00 Lib IWnd 2d -V'tH 00.0(1 OO.JM Lib nood .lil 4Mb 02.82 02.0."i Lib Ilond 4th 14h 00.0S 00.50 Victory Note .'is 07.70 07.5S Victor Note tis 07.70 07.5(1 1 13 I p. m. I 0.1.20 no.M 00.00 01.10I 00.4(1 1 02.111 Iowa Central Ry 4s 6000 .... 4 1 Kan City & S Ry 6s looo . . . 70 ' 1000 70 1000 ... 70 Lake, 15 & W RR 1st soon .... 81 L S & Mich So 3'is 1000 .... 08 Lehigh Val R Co 6b 1000 .... 00 1000 .... 00 Liggett & Myera 6a 3000 .... 88 Liggett 4 Myera 7a 2000 ....1011 Long Island RR fd '.'000 .... CD Long Island uu 4s 1000 72 Loulo A N R R In 2000 .... 80 toon 81 Mich Cent RR D 4s 1000 .... 78 Mid Heel Ord 6fc 1000 .... 81 Minn & St L UU 4s (000 .... 43 BAR SILVER Commercial bar silver wns quntnl in New York today ut $1.20 i. up i In Loudon the prlco was up aid, at S2Ld. First Crop Score of Season Topelia, Kan., Feb. 23. Lack of moisture is beginning to tell ou the Knosns wheat crop and dungcr of .serious loss of planted acreage is tliroatenetl, says the weekly crop report IbMicd today by S. D. Klora, fcilival meteorologist. NEW YORK COFFEE MARKET 1 New York, Feb. 2,1. Tho enffpo mar- J ket was steadier after the liquidation of , yesterday. It was tho March notice day, .but no notices were reported in circulation and there wux no busiiuw in March at the opening. Other months fin -.1 1 vuro - i'uuhm iiiKni-r nn 111c run, uui W fiN pr0 y' scattered covering. O'.'.IO Right after tho call March sold ut 1,'S.DO mid this position wna again being freely switched into Inter months. Th' market, on the whole, hnwrier, in be lieved to b" uider the inlliiPiicc of Murch liquidation. J Prices held close to initial II pi res at tho end of the first hour of tradlug. Test. Today's 11:00 1 cloae open n. m March 13.01 14.00 413.81 May 14. 3H 14. in H.;i:, Julv 14. 11.1 14.D3 . ..I September uia. 14. Ill 11,51 14.53 CHICAGO BUTTER AND EGGS Clilruro. I eh 23. ni'TTUIl. L'nettlnl Creanir, in(nil6c KGUS- IMkIiit I'.we.nin. ir,.o,,7 0.1s. u. rirats. f.0ii..104t ordinary ilrnts I3'(lh. at inurl.. cuui-s Iniluded, 47fC4o GERMAN CITY BONDS BERLfN t $14 LEIPZIG 42s $16 MUNICH 4s $16 per it 1,000 Marks DETAILS OF FOREIGN ISSUES ON' REQUEST FARSON, SON & CO. Members Nmr York Statu Uirbsnie 115 DROADWAY, NEW YORK if- ill f1) ",' TO THE PUBLIC ' A recent announcement in connection with the public stock offering' of thca ORPHEUM CIRCUIT, INC., that it "owns 43 of the stock in B. F. KEITH'S NEW YORK THEATRES COMPANY IN GREATER NEW YORK," has created the erroneous impression that it owns or controls a substantial pai$ of the B. F. KEITH CIRCUIT OF THEATRES; and numerous inquiries along this line, together with a reference in the financial stock quotations of a daily newspaper to "KEITH CIRCUIT" stock, whereas the stock of the "ORPHEUM CIRCUIT" was clearjy intended, impel the undersigned to make the following announcement: FIRST That the B.F.KEITH'S NEW YORK THEATRES COMPANY (referred to in the prospectus of the ORPHEUM CIRCUIT) is not the owner of the B. F. KEITH chain of theatres throughout the United ;Statcs, but is a company owning certain vauderillc theatres located only in New York City and formerly known as the Percy G. Williams Circuit. It does not include the B. F. Keith Palace Theatre in New York City nor any of the B. F. Keith Theatres in Boston, Providence, Lowell, Jersey City, Philadelphia, Washington, Syracuse, Cleveland, Cincinnati, Columbus, Louisville, Indianapolis, Toledo, Dayton nor any of the other B. F. Keith theatres in the United States. SECOND Stock in the B. P. KEITH CIRCUIT has not been and is not being offered for public or other subscription. B. F. KEITH CIRCUIT OF THEATRES, E. F. Albee, President. turn MMMal V MXM TO The Manufacturers of Philadelphia 3 THIS GIRARD ESTATE li?i. available a frontace on Chest nut Street, extending from 11th to 12th Streets. J The Board of City Trusts is exactly ready to entertain a definite proposal for the erection thereon of an exhibit buildinr; to be designed and constructed for the purpose of attracting to this city buyers for the goods you manufacture. This Board wants you to show it that it will have an adequate return for the money invested. J This building is part of a plan to give to Philadelphia pier, terminal warehouses and tenant factories, similar to the Bush Terminals in New Yorlc. The plan is going to be carried out. The time is ripe, however, for you to come forward with your active support. The idea is not new, and has been brought to your attention individually and directly before this. What must be done is to form a company to carry out the plan now. There Will Be a Meeting of tho3c interested qt The Chamber of Commerce THURSDAY EVENING, FEB. 26 At this meeting a temporary organization will be effected, and steps taken to incorporate. 4 t Thib company W going to be the liveliest thing hereabouts and is going into business to help the city of Philadelphia, as well a" to mai:c money lor uacii. iucic is no qucsion 01 it being able to succeed. It is being done in New Yorh. We can do it better here. All wisdom and "pep" will not die with New York. You might, however, take a look at the balanrc sheet o' the Bush Terminal Co. of that city. fj There will never be another time so opportune a3 the pres ent. Any responsible organization for this purpose will have the active support of the Mayor and the Chamber of Com merce. In order to have the building constructed on the Girard Estate property, we must net at one. FOREIGN INTERNAL BONDS Wc hac established Direct Cable Communication with Belgium, France, Great Britain and Italy nnd through our agents in thcie countries can offer subicct to change in pric lurily Hoslnc rriiriul'Hr Price r.ivliangc Normal Belgian Cjovt. Restoration 5i $77 per 1000 fn. French Govt. Victory 5 652 per 1000 fr. French Govt. 4$ of 1917 55 "per 1000 fr. Brituh Govt. War Loan 5s 322 per 100 Italian Govt.Consolidated War Loan 5s 52 per 1000 lire $193 193 19.1 4S6 193 Wc are prepared to give information concerning these and other Foreign i-ecurities and inito correspondence on this t-ubject. . EDWARD B. SMITH & CO. Bankers 1411 Chestnut St., Phila. ELKINS, MORRIS & CO. Banker Land Title Bldg., Phila. fw 'tJ Build Foreign Trade With Latin America ' It lut been said by an authority on foreign trade, speaking "f Latin America, that some of the largest in voices of the World arc written in Spanish. No other countries today offer comparative foreign trade opportunities with those of Latin America. Pro gressive, rich and prosperous, Latin America is rapidly expanding commercially and industrially, and is greatly increasing its agricultural production. Demand is steadily growing throughout Latin America for products of all kinds. American manufac turers and exporters are assured a hearty welcome in the introduction of their offerings. La Hacienda bpaniah and Portuguese Editions MontlJy .provides the best of service for manufacturers and ex porters to cover this rich, responsive foreign field. The wide circulation of LA HACIENDA throughout Latin -America s ill carry your trade message to the responsible Importers and Dealers, and the consumer buyers uith whom large orders originate. Tho (o-uporntMc Foreign Sulca Smice Department maintained by LA HACIENDA will ub jou in rc heurrh nork, nnd in planning nnd promoting jmir trade campaign. Our nearest office will be pleased to supply Booklet of information and current issues La Hacienda 52 Brondwny. New York City. New Sldway Building, Buffalo, N. Y. Kimball Building Chicago, m. :.v r-"t" ft Broadwav and l'iftli .enue at Madison Square THE FIFTH AVENUE BUILDING When the buyer) reach New York thev head for Broadway and lifth Ave nue. Fact is. Tlic Fifth' Avenue Building is their headquarters, because there they find all the leaders in their respective lines. Think what an ad vantage there is in this coiKctitration ot trade. ERNST & ERNST TAX SERVICE AUDITS and SYSTEMS PHILADELPHIA 2023-2024- LAND TITLE BUILDING. TeJephoncLocuji !68l Nt W YORK "ITTSBURGH TORT WORTH TOLfcDO HOUSTON ATLANTA BOSTON ST. LOUl CINCINNA 1 i OALL4S BUTFALO KANSAS CI TV CHICAGO l-UVtl.A,i OCTROIT Mlf.NL-APCH WASHINGTON INDIANAPOLIS rw V Investment Bargain at Today's Prices Baker, Ayling & Young J. IV. HWAIX. Jr.. Itiinatfr Land Title Uldg. Boston Philadelphia WRITE FOR YOUR COPY ur out Investors' Pocket Manual dlllnc full Inrnriii.iliun .if nil ll.ticj un iinllMru uurltle. sent frc uuoa 1,'uurtt. Scott & Stump Investment Securities Mrnilirr. I'r.nnollditlrtl Stotk l'Mliiiiirrr nf Nuc YnrL STOCK EXCHANGE BLDG. riiii,.Miixfiti IUII urnl hcjklono Irl.uliuue Partner Wanted y tat-rowlni! rm nmnufarturlrMj nUPta Una of IditlKT Boodn, Would lllto to her from an rxcutho wio cun lim-at about IS5.00O. C 937, Ledger Odicc Stockwell Wilson & Linvill Certified Public Accountants j Land Title BIdff Philadelphia I Artificial Silk, English iscosc quallij ?(X) Irn nno Pnlfr. 100 IV. 100 Ui-nler. ;00 Ib. K'O Denier. BADISH & HOLT ni.nRnT sari Investment Bonds Welsh Brothers 0C8 Chestnut Strest t'hlladtlphlja . .mbari IS 13 ' ' fl m '.'! W vm m HS i.fi m UM IthSttA ,fA .-,