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EVENING PUBLJO LEDGERPHlLAJ)E
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If You Know
A Stock Which
May Advance
do you know how to
profit by your knowl
edge, or do you lose
opportunities because
you do not understand
The General Rules
of Trading?
They are easy to learn.
We offer you without
charge a very interest
ing booklet which explains
them in simple language
and gives easy examples.
The market seldom if ever
offered more brilliant
chances. Get a copy at
once.
Ask for No. T. U.-S42
JONES & BAKER
SECURITIES
WIdencrBldg., Philadelphia
Phones Belt, Walnut 6065
Keystone, Rate 2290
Direct Private Wires
Offices in 8 Principal Cities
To: TRUST CO. or BANK
Trutt Estato Investment
Specialist
ounc man. t-titlsdelplilsn. OTr..S0,
wrnts . permanent salaried position
nru
Willi
ht
In
financial
fninm
limitation, rhlfa. or elsewhere.
Knowledge of Tnit Kstste affaire.
13 ears' broad flnanelal experlents,
uii n yeura snaiyrinc anu in
securities for Individuals .and
nreallnx
trim
yeurs analirlnt and
I Iftr lntllrlrin1e I
estate A accounts, without lota.
Unlrrrsltr sradnate. flood reference.
P 90S, Ledger Office
Baldwin Loco., Works Pfd.
Atlantic City R. R. 5js, 1929
N. Y., Chi. & St. L. 1st 4s. 1937
West N. Y. & Pa. 4s, 1943
Charles Fearon & Co.
333 Chestnut St.
The German
Come Back
How (o reap profit from pres
ent condition. 8end for Letter
K-Sfl. rree on application tn
J. X. Krane A Co.. 44 Ilrond
8t, New- York.
INTERVIEW WANTED
WITH BUSINESS-MAN
by a man of 40, who haa had aver 20
years' experience. In manufacturlnc and
sellln. Wishes an opportunltr to In
rrraoe his earnlnjf power lo otct S10.000
rerrlr It HT Tertrer offlee.
French
Government
Bonds
can be bought today at
about the following
prices :
t.000
Yranes
4s of 1917 $56
Victory 5s $70
New Ss of 1920.. Mkt.
The redemption value
of these bonds with
French exchange at
par would be approxi
mately :
Is of 1917 $193.00
Victory 5s 193.00
New 5s of 1920 2S9.50
Carries 50 premium in
semi - annual redemption
by lot.
Circular E-67 on request.
Chandler & Company
C4MI tft
Franklin Bank BIdg.
I'hiiaaeiphla
New Torlc
New Uacn
. Boston
Baltimore
Hecker & Co.
Bankers and Brokers
Members of Philadelphia and Now York
Stock Exchsnus
N. E. COB. 8TU AMP CHESTNUT STH.
Georgia Rwy. & Pr. II Pfd.
Bought, Sold or Quoted
REED A. MORGAN & CO.
WEST END TRUST BUILDING
Members of the rhlla. Stock Kich.
Morris Foundry Co.
Second and Tine Streets
CAMbUN, N. J.
Grate Bars a Specialty
Dell rbone. Camden 1388
Insurance Company of
North America
Rights
BARNES & LOFLAND
147 . 4th St.. rhlla. Tel. Lombard 41-7:
Charles J. Webb & Co.
Wool
and Cotton Yarns
116 Chestnut St, Philadelphia, Pa.
FINANCIAL
Victor Talking
Machine
Comm'on Stock
Bought Sold
C. K. Garrison
308 Widencr BIdg.
Hell Phono. Wal J1DS-110')
Kesinne Phone, Hacc 1T2S
POWER PLANT
FOR SALE
SO Kilowatt, self-contained,
direct'Connected engine and
generator unit, comprising
Skinner Engine and Western
Electric Co.'s 400 ampere,
125 volt, direct-current gen
erator; rheostat, circuit
breaker, main switch, seven
100 ampere circuit switches,
ammeter and volt-meter, all
mounted on two - panel
marble switchboard with
angle iron frame; also leads
from generator to switch
board. In excellent condition, run
ning and in use. M.- bo
ccen at N. W. Corner Vine
and 17th Sts.
For further information apply
US. 16th St
riione, bpruce fi 171
NOTICK IMIILAIlELrnLV COMPANY
FIRST JIOIlTtlACU AND collatekil
TRL'.ST IS PKR CENT f!OLD WINDS.
TFI MMHII 1HT. 1800. STAMl'FD
INDEU 81NKINO FUND CONTRACT OF
JUIA 10. 1817.
bealed proposals will be received until 12
o'clock noon. Saturday. Aorll 3d. 1920. at
I the offloe ot TI111 PROVIDENT LIKB AND
TRUST COMPANY OF PHILADELPHIA.
. N. W corner 4th and Chestnut sts . Phlla
. delphla Pa.. Trustee under the Slnklnc Fund
I Contract dMed Jjy 10. 1917, with th.
I PHILADELPHLV COMPANY, provldlnr for
a mKin runa in reepect to nrst Mortiais
and Collateral Trust A rxr cent Oold Donds
of th. PHILADELPHIA CttMFANY. dated
March 1. 1880. for th. sale to them of all or
any part of tn rnanv Donds of tlOOO .aerPotT
aia uonas wnicn nne neen eiamp.a under
the terms of th. Slnklnc Fund Contract tt
Juh 10. 1017 as the sum of 1112.391. 13 llm.'
Plicaoje 10 in. oinKinr j-una. will pay lor
In accordance with the terms of the aald
contract
Lowest bids at a price not ezceedlne lOTti
, per cent of the par alu. and accrued In-
terest within the number stated will be
accepted, and the parties otlerlne them ad
. lsrd at once and payment mad. on nur
' render and transfer of th. Bonds, accom
panied by Federal Income Tax ownership
certificate tor accrued Interest, on April S,
I 1020. Intereit on the Ponds so accepted
will cease on April fi. 1020.
The truetee reseres tn. rtiht to reject
any or all bids not satisfactory to said
trustee The offers of bidders unknown to
the trustee muit bo accompanied by satis
factory references
Should two or more holders bid the asms
low.it pries the number of bonds tsken
from each will be. aa nearly as practicable
pro rats
1 Proposal should be Indorsed "Propotals
for the sale of First Mortinss and Collat
eral Truet t Per Cent OoM Ponds of th.
PIIII VDr.LI'IUA COMPANY." and ad
dressed to
AP S WING President
THE PROVIDENT LIFE AND TRUST
COMPANY OF PHILADELPHIA
, N V enr 4th and Chestnut sts.
pniiaaeipnia. pa
SIOCKS RESUME
UPWARD SWING
Constant Shifting From Croup
to Group Kopt Speculative
Spirit Keenly Alive
Nctf York, March 10. Wall street
continued to Ignore tvhat ordinarily
would be regarded as unfavorable
factors and the forward swing vras well
sustained In 'today's market. There
was n constant shifting of interest from
one group to nnntlicr. nlilch not only
serve.il to Veep the specnlatlc spirit
keenly alivo. but nlso forilltfttcd ex
tensive' realizing -Milex. Price movement
wns mora irregular than in Bonn of the
preceding sessions, but the entire list
was conspicuously responRhc to all
manipulative tactics on the constructive
side. v
All uneasiness over the stock dividend
resolutfon-in Congress rlisstipenred over
night. Apprehension ou this score was
quickly overcome by the reported col
lapse of the Gcrmnn military coup and
the rapid improvement of foreign, ex
change. Maintenance of t,he 0 per cent
rnto for call monev provoked some little
selling, but this, in turn, was counter
balanced by the anticipation of a sub
stantial Improvement iu credit condi
tions expected to follow the completion
of the enormous income tax payments.
The high-priced pool issues again
came in for n large share of tho atten
tion, with further exciting pyrotechnics
In Crucible Steel, General Motors and
Texas Co. The rapid advances Invited
extensile realizing and much of the ad
vantage was lost. The reactions In
theso loaders were partly offnet lj freer
biljing of tho more staple ii.iir, espe
cially the shippings. rtjulpnienK cop
pers, tobacco" and oils of the Mexican
group.
New York Bonds
Sales tn
tlOOO
3 Am T
& TCs..
Htxh
" ti
IOft
f7;
1 A T & T cv 4, 81 SI.
7 Am T & T 5s. . 82U. SO-i.
77
071(:
77
10 Am T & T pit 4s 7fi
ST) Anglo-French fa !)75s
2AT&SFadj cv4s 04
21 A T & S F gn 4s 77-T,
2ATd.SFadj4 07
10 Rait & O Tol 4s 40 k
4 Halt Si Ohio (Is. S7
5 Halt & O 5s '(Kj tV
2 Halt & O gold 4s 04Vt
1 1 Bait & O cv 4Ws 05'.
2 B & O P U H &
W Va Rys 4s C0?i
15 Bait & Ohio 3Vss-83tf
GBcth Stl Corp 5s ST,
0 Beth St Corpfd5s' 84?:
2 Brk U Blev 1st. . 02
2 City of Bordx 6s S!Ha
0 City -of Paris Gs. 00
l Cent ticnther 5s D4Va
0 Ches & O cv 5s. 70
07
40
S0JA
044
04i
05
50?4
83
844
84?i
m
04V4
TOOt-
: pin.
07 Vi
81 i
S2
77
07 V
04
77',
07'j
40 'A
HI
M
(MVt
05 'i
50
S3'
85
84i
02
SO'-i
IK1
04U
70i i
3 Ches & O cv 4',As 73 73 73
Chi & Alton 35. 47 -47 47
344i
03
CSV
71
72-?i
01
073
07
72
07
70
34 'A
04 V4
r5't
71
72
01
07
07
72
07
sni
3
ri.t f tn. ow. ni
sum iii ton 073s oftva
110 Chi & Q 4s.. 04K
1 Chi & Gt W 4s. 55'X
11 CM &StPcvfis 71
4C M&StPcv4VsS 72
2GM.StPfd 4Vj8 61
1 C M & St P 4s. 67
2 Chi & N W Cs. 07
2 C It 1 & P 4s. . 72
3 C It I & P fd 4s 07
68 Chile Conner fls. 7niA
- S!1!16 .CQDPer 7s.ia3?4 102'. 103M
2 Ch nece Gort fls .. dr. dr. a-.
1, .00; Con Ga. Co 7s. 100 100 100
L "Vii lltt U UU OS ll
1 uen & 11 G 4s. . 04
7 Don & It G fd 5s 42".J
2 Dis Sec Cor 5s. 70
4 Dom of C 5s '31 01'4
30 K RH gen lien 4s 47
2Erio RU cvD... 42
18 Hud & M fd 5s. D8'j
2 Illinois Cen 5Vis OlVj
1 111 Cen fd 4s 71$
- 111 en ts .Mi
A
1
10
04
42
70
10
01
42Ti
70
ll't DHi
40Vf '0
42 42
58' 5S
01 V2 01
71 71
1 III Cen 4s '53... 00 (tfliZ 00
In Rap Tr fd 5s 55-I 55 55
In Met 4s 18?4 18 18
7 In Aer Corn 5
20 Imp Jap Gv 1st
23 Imp Jap Gv 2d
40 Impi Jap Gv 4s
8 Kan Cty Tm 4s
741-5
50
IMt.
I I"high Vol 4'.s.. 87", 87''. 87'
80
75
74
OOVi
ll'j
80 80
' it
I
DO YOU REALIZE
Safn lnestln Is merely knowlrur when and
what to bu The I'll think It over" and
tlmld Investor walti until eerythlna- la In
I Its plory and ftt topnntch prices tho success
ful lneetnr urasp the opportunity when It Is
first offered, therefore take advantage NOW
f the stoik of n. Jarre Philadelphia flnanlal
1 lastltutlor. which Is Indorsed bv the leadlna
anks If d'slred, tan bo bnujht on Initial
I payment of K3 and smi 1 monthly pay.
ments, on .subscription of tint les than two
I shares If. cumulatho prefurred and one
Bnarq common, wun po-siDirt
dends 732 Ledger Oflre
of S0 dlvl-
Annnal Meetlncs
THE ItOCKIIII.I. IRON ANT) COAL CO..
. 37 Chestnut Street
The Annual MeetlnB of the stockholder, of
h" Company and an e.ertlon for a Board of
Di jctors to sen. for the ensuing year, will
, b ield at. the offl'-e of mil Company, on
I Thursday. March 18th. 1D70. at 11 o'clock
II M COVINGTON.
I Secretary,
ProtKnals
DEPARTMENT OF ITTILIC WORUS
Sald proposals iu be received at Room
ay March 56,
m.t
rVid
50 00 'A
70 70
87'', 871.
1 Lig & Mypra.7s.108V. Ids'." 108U.
1 L & Nash Mon 4s 03'", O.'liJ. i',:tu.
1 Mich Cent 5infs 80
1 Minn & St L 4s 43'4
2 M S P & S S 4s 7S.
IMoKO&T 4s 57'i
1 Mo K C &T 4s 00
7 Mo Pac gen 4s.. 56
1 Man Elcv 4$ 5G".
30 KYC&HItR
deb 0s 92' t 91 01
1XYO& HUR.
4s 78
S!)
80
I3U
78'j
57",
tm
50
50".
80
80
43
78.
f7
00
50
50'?.
1 XYC&II It db 4s 7o
3NYC&H It 3r 05
1 City X Y 4sV7 00
2City N Y-l'js'OOOOU
4 Citv V Y I'. -50 80'
2NY.VH&H Ih'50 53 "
1 N Y Telephone- Os 05
1 X Y W r&R4Us A'l
11 Xorf & AV c Os.102 102
78
75
oo
00' i
80 V
53 95
12
Lawrence E. Brown & Co.
CERTIFIED PUBLIC ACCOUNTANTS
IBIS REM EsTXTFTIirsT llMlft
Investigate and adjust partnership ond
rerporutlon sreotinlN .0 prrpare V. 8.
Income Tax Returns.
Dlridrnda
EAST COAST FISHERIES CO.
7 Wall st , New lork, Marrh 10, 10M.
DIVIDEND No. 0
The Bosrd of Drertors of this Compsny hss
derlared th. r. uular iurterly dividend rf
JN iw cent on th Preferred Slock payable
April 1 19J1 to stotkholders of record
March 27 1020
MARK. W NOnMAN Treasurer
EAST COAST FISHERIES CO,
1 Wall t New lorW, March 10, 100.
DIVIDEND No.
The Board of Directors of thla Company haa
declared u quarterly dividend of 1 per rent
on in. lowniun mui-K parauin April 1, 1U.0
to aiocujoiaers os reoora arcn .1,
MARK W NORMAN.
lO.'O
Treasurer
TUB I'E.NNHYI.VANIl CO. FOB INHUR
ANTEK ON LJES AND (lltANTINO AN
NU1TIES. Marrh 15, 10:0
Th. Hoard of Directors has this dav de.
eltrtd a reaular quarterly dividend rf Seven
per vnt gu rr snare; payable April
lib, 1910. to stockholders of record at th.
ties or Business on Mar en ,ttn jul'h
. Treasur.r.
rRAYLOR ENaiNKERINH ANU MANU,
7. viiiritsitiJi rn
J', dividend oa 4ha common n6 prv
&XJ$& a'1&&tt
iitv iiaiiunin ij n clock noon on
y Marcll 5B. lino. an4 onened at the,
time In Room 2td. City Hall, for
SCHEDULE "A" Branch Sewers.
SCHEDULE "B" Main Sewers.
Ditman street from present term
inus east of Shelmire street fo
Napfle street and in Napfie
street from Ditman street to
Frankford avenue. Ninth street
from Champlost avenue to
Green lane.
SCHEDULE "C" Reconstruction
of sewers.
York street from 16 feet 8 inches
northwest of Jasper street to
14 feet 10 inches southeast of
Howard street. Cohocksink
sewer in Allen street at Ger
mantown avenue.
SCHEDULE "D" Cast Iron Wa-
ter Mains.
Wheatsheaf lane from Richmond
street to about 74S feet south
east. "O" street from old Front
street to about 407 feet north
ward. SCHEDULE "E" Wood Filing
Case.
Plan file case in Room 534, City
Han.
SCHEDULE "F" Automobiles.
Four automobiles.
Note Contractors' wilt be required to
comply wjin ine Act or juiy is. J17, rela
tive to workmen's Compensation Insurance,
and proof must he furnished tho Depart
mint hv the contractor that he ha. ,e
repte. the provisions of aald Act and In.
eured Ma liability thereunder or secured ex
emption tn.r.rroui
Inquire at lloom 41A City Hall.
JOHN C. WINMTON,
Director
-,1
74
53 a.
Mi .
01
80
.Lit
tn"
8.11 ,
PRdPOHALH ITOlt HTOCKINOH Office of
the Quartermaster atnera.1; Clothlne and
Equips Division. Munitions UulK
mir
71
53
51
01
S0t.'.
08 .
85
0015
82
SO
05
78-
02
01
03
51
DO
50
US
78
75
05
90
00 Vi
5
102
75
74
53 H
54
01
80
08",$
sn
oo
82
80
05
78
02
02
101
80
03
50
00
50
18
lunltions HuUdlnir.
sAid l-ronoa.Lji. in
duplicate, will be recejyed.h.re until llUMI
A. M.Mreb isd. 1M& Ut. ftimlAW all
ar any pert at 1.0O.WO pFr Colte -
1 Xorf & W 4
12 Xo Pacific 4s
14 Xo Pacific 3d
100 XO T&M 5 .
1 XO T&M 4s.
3 O Sh Line fr Is
3 0reg tVasb 4s
10 Pac Tel & Tel 5s
4 Pa K H cu 4 'is 90
1 Pn R R 4s '48. 82
20 Penna R R 5s '08 80
1 Pac Gas & Kler. 05
1 Reading gen 4s . 78
1 Rio Gr & V 4s. 02
Kill Ark & L4,sfi2
1 HtL.H F geu fls 101 101
2 Stli&S F C... 80 80'.
4 Ktli & Swn 1st. 03
0 StL & Swn cv 4s 50
2 StP M ft M 4s 00
3 S A & AP Rv Is 50
11 Seabrd A L ai.. 38
23 So Pacific cv 5.103 102 102
0 South Pac cv 4s 78 78 78
12 South Pac fd 4s. 74 71 74
11 Ko Rails gm4s.. 58 58 58
10 H h & H F aj fls 05 05 (Lri
12 S L & S F In 0s 40 40 40
13 S L & 8 F A 4s 58 58 58
1 S L & R F B 5s. 00 00 00
17 Texas Co cv as. 104 J04 104
5 Third Avo fd 4s 47 47 47
5 Third Ave aj 5s. 30 30 30
"UKofGUil
5s 22 . .. 02",
24 U K of G TJ L I
5s 20 . 00
20 U K offlBil
5s 21 .. .. 00
1 Union Pacific flu. 101
2 Union Pac cv 4i. 81
13 Unit Rap 8 Fo hf 30
54 II R InvCoSs.. 78
11 IT S Rubbor 5s. 84
14 U S Steel 5s.. 00
22 UKGR I 5s'37 88
l titan r u os. h:
2Va-rar Chem ..
aVa Rwys 0s....
8 Wabash RR let.
7 West Elec 5s...
1 West Md 4s....
1 Wont Union, 5s.
1 Wis Cent 4s. . .
2 Wilsou Co 1st.. 07
15 AVIIson Co cv 0s. 02
NEW YORK STOC& EXCHANGE TRANSACTIONS
Dlv,
In f
01
Bnle.
800
100
200
300
MOO
700
A00
-o
0600
1160
200
4000
1300
3100
MOO
5100
aio
700
6000
4200
7500
200
500
3400
300
100
0100
15700
100
1300
5500
3 00
700
400
200
8100
100
.100
200 3
32000 3.30
Low
33, l
ay
ao;i
pa
iJt
i7
'140
tsH
Illth
.. Adams Kxpra 34U
e AJax Rubber Tiy'i
.. Alaakn, Oold Minos .. 3
.. Alaska Juneau O M.. JJi
. . Allls-Chalmers 44
8 Am AbtIo Chem S3 .
H Am Uect 8uttr ...... B7
10 Am iiosch Magneto ..Ui
.. Am Can 44
13 Am Car & Fdy 141
Am Cotton Oil 40 '
.. Am Drug Syn 13 W
Am Kxnreas 10S
.80 Am Hldo & Leather . . M?t; "33W
7 Am Hide & Lcathpf..lll ' 108
S Am Internat Corn .... 10 H .'97 .
1. Am-La Franco Eng... 13J4 13K
a Jm jjinsceu 0.7a
6 Am Locomotive 103
.. Am Ship & Com Tt(
4 Am Smelt & Rot ...4 70ye
7 Am Smelt & lief pf . . 04
3 Am Bteel Foundries .. 4J
10 Am Sumatra Tob .... IS
1.3d Net
Close Chse:
33- tH
14K ..
m
y 4- i.
4JH4- Vt
3314
H J
116 K 4- 14
48H4- 1
140 4- y
40
MH ,13H4-
105
0
5
7
10
5
10
500
3100
300
0700
0O
1300
400
400
2003
401
ieoo
200
2000
3S00
3100
3100
200
3200
4400
400
too
100
7 JO
71(1
530
5X1
110)0
100
2.00
200 1.S0
too
10
5
7
4
8
4
20(10
200
3)0
2790
100
100
200
100
1100
200
500
5580
100
8200
300
noo
too
290
200
,1400
400
26D0
200
700
172)0
ISO 0.
800
300
1400
100
890
290
100
17J0
300
200
100
2700
200
-2300
330
'1200
800
200
210
2400
1000
2200
7090
100
100
1700
5300
Am Tet & Tel Is
Am obacco pf now ... 05&4
Am Tob Seo temp otf. 07 J4
Am Woolen 3H
Am Woolen pf 103 Hi
Am Zlna Lead & Sm. . 20 yk
Anaconda Copper ...-! Yi
Abso Pry Goods 40
Atch Top & Santa Fo. VH
Atch Top A 8 F pf . . . 7oV5
Atlantic Coast Line . . 80J4
Atl Gulf & W I S S..MJH
All Oulf & W 1 S 3 pf 0
Atl Reflnlnit 7 113
Auto S C tern ctfs pf. 25
Baldwin LocomotUe. .10!4
Barrett 3K
Baltlmoro & Ohio .... 37Jfi
llaltlmoro & Ohio pf . . 4BK
Bethlehem Motors ... 30
Bethlehem Steel ... 0214
Bklyn napld Transit . 10Ta
Burns Bros 1C0
Butte Copper & Zinc. . OJi
Butto & Superior Cop. I7H
Buttcrlck 30
Cnddo Centra! O & It. 24 ft
CUumot & ArlionA .. 63
California Packing . . . 84J,
California Petrol ... 41ft
Canadian Pacific
Central Leathtr . . .
Central Leather pf.
Cerra (1b PnscO CoD
tlhandler Motors 153
Chesapeake Ss Ohio... 'OH
,j"Chl & Cast Illinois
Chl& E 111 0 pf ..
. Chicago & Gt west . .
7 Chi fa Northwestern..
. Chi Mil & St Paul
. Chi Mil A St Paul pf .
. Chi Rock Isl & Pao.
tl Chi R I & Pao 0 pr
Chllo copper
Chlno Copper
Clev Cln Chi ft St L.
Coca-Cola
fStf
.1C3
M
.11
.10K
9?t
. 804
. 40K
59
, 30
CU
1B
. 35
, 54
rv
3 Colorado Fuil & Iron. 38 Vi
5 Columb Gas & Elcq . . CO
1 Col Graphophone .... S
. Col Graph pf 0"
7 Consolidated Gas .... h7
7 Consolidated Cigar ... 07 ft
3 Con Interstate Cal M . 181.
3 Consolidated Textile . 30 ft
7 Continental Can 80 ft
Continental Candy ... 10ft
Corn Products Ret... 84ft
8 Crex Carpet - 59J.
13 Crucible Steel 352 .
.. Cuba Cane Sugar .... 45ft
. . Denver & lllo Grande. 7J
.. Erie .
CEndlcott-Johneon ....UBH
3 Federal Mln & Sm pf. 30
.. tflnlc Rubber 37ft
rishcr Body pf 108 ft
2
8
13
"9
7
7
4
.50
1
tfroeport Texas 20 ft
Gaston Wms Wis.... 15
General Electric ....1034
General Motors 333
Genoral Motors ctfs. . . 334
General Motors deb . . 75
Gen Motors deb 7 .. 87ft
Goodrich B F 729,
Ooodrlch B F pf 05
Gt Northern Ore ctfs. 40ft,
Granbv Consol M & S. 40ft
Gray & Da!s ' 34ft
Great Northern pf .. 81(4
Gulf States Steel .... 70
Haskell & Barker Car. 63
Hendee ctfs 30
Hupp Motor Car .... 15?;
Illinois Central 02
Insrjlratlon Con Cop . . 57
Interboro Con Corp
Inter Con Corp pf .
Int Agrlcul Corp ..
Int Agricul Corp pf
Int Harvester
Int Mer Marine ....
Int Mer Marino pf .
International Nickel
International Paper ,
Iron Products Corp.
Jewel Tea pf
Kelly-Spg Tire
2 Kennocott Copper-.
990 1.20 Keystone Tire & Rub
10
24
, 81
12N
37 ft
(3
2 ft
8SJ4
44
41
120
31JJ
38ft
.84
101 .
'o
7J4
05
45
97'
Ottt
95H.
68
130 K
103 ft
29
(9ft
a
79
89H
157 ft
86
113
25 H
13ft
1X4
37ft
47JV
20
01H
16 ft
105 ft
Oft
2ft
10
20 Ji
02
3
39s
123 ft
80ft
103
50
148
7
10ft
10 ft
Oft
so
40
59
38
to
18ft
35
54
35ft
38 ft
503,
45
00
h7
67
18ft
tm,
CO
10 ft
03ft
HO J,
237 ft
Sft
73i
14ft
108
35?4
5 ft?,
107ft
27ft
lft
H3ft
323ft
53 ft
74 ?.
87 ft
-73ft
os
:8J4 40 ft
134ft
Sift
CDTa
62
30
15
01ft
:5ft
4ft
15 ft
23 ft
80
137ft
35J4
91
21ft
81ft
44
41
127
30W
37 '
n
100H ft
4H'ft
Hf 3H
lft- H
84 4- ft
lot 1
26ft ..
70 ft 4-
85 4-
W
99' 4-
80ri-
85ft,-
J0H4-
I3l4-
103ft-
'30144-
60ft 1ft
K-
78 ft
89ft ..
J65H4- 8H
601
113 - 1
124 ft 1ft
37 ft ft
14
m
ft
ft
y
3
!s
ft
4734-
29 1
Va
16 ft
100 -
9ft
26ft 19
24ft
62
84J4
40ft
124& 1ft
f8ft 1ft
103
53
148 -'8ft-10ft-10ft-0ft-88
40 -50
-88
iO
18
75
54 -
37ft 1ft
38ft 2
00 ft
5 ft
no
K7
67-1
18ft .
30ft 1ft
86ft 3
10ft- ft
03ft ft
50ft 1ft
237 ft- 7ft
ft -
74 H
J4ft-
US' 1ft
35 ft
0?4- H
I07ft' 3J4
27ft- ft
15ft-
165J4- VA
323 J4- 1
32ft- ft
7434- ft
S7ftirft
72ft- ft
05 2
aoj4 lft
ft
lft
3ft
3ft
ft
ft
ft
ft
"ft
ft
lft
1
40 ft
34 ft
f3ft 70
c-:
30
!5ft
01ft-
to
4H
15 ft .
2.1J4
81 -127ft-Oft
r-2H-r
22ft
85ft
41
41
i:s t-
3tH
17 ft
H
ft
ft
ft
lft
1
ft
lft
ft
1
Dlv. " '
Sale.' in 1 . ttUb
1100 8 Laokawanna Steel ;.. 74
.. Laks EfloA W pf.,.. 22ft
209 3 JO Lehigh Valley 7
180 ..Lee nubber & TIr .. U
100 13 Lla-srctt A Mvara Tob. .170
.1 Liggett A Myers rta.. 16ft
2 Loewe Oo ... ,.. 3?
.. Loft Corn 19 ft
. . Loose-Wiles Biscuit . . 60
13 Lorlllard Tobacco . ...1C4
4 Maokay Cos of ...... 63
Manatl Sugar 115
Manhattan Etev guar, 47
Manhattan Shirt 31ft
Montana Power . .... 6H
Maxwell Motor 31
Maxwell Mot 1st pr.. 5H
Max Mot 1st pf ctfs.. 53ft
Mexican Petroleum ..10 ft
Mlddlo States Corp .. 38ft
Mldvala Steel & Ord. 47
Missouri Kan A Tex . . 10
M St P ft S St M Ii L. r
Mulllns Body 5ft
18
7
108
2000
200
500
800
180
290
108
180 1.75
398 3
108 ..
108 ..
209
13308 10
10100 1.20
S90 4
100 ..
200 4
1200 4
200 3.50 National Acm 36ft
1600
290
100
208
700
10O
200
3300
100
9500
100
100
2400
2509
2090
600
200
15000
2400
200
1100
?200
100
4010
12500
3090
200
400
100
100
200
1103
200
600
400
790
14400
100
600
7490
5400
0690
030
3)0
100
200
43)0
17090
1090
182)0
33(0
013
169)
27799
12)0
3110
22011
100
80 .
2700
1C390
too :
5 t'J0
209U
100
100
100 3.50
(SOD 12
2i')0
1090
MOO 3
300
154')0
33)0
inno
100
5)0
22990
1)U
MO 3
ttoo
103 .0
30 CO
100
1011
1(1(1
10ft
300
3)0
too
Oil)
390
11)0
.WJU
590
1)00
179U
Nat Aniline A Chem .. 60J4
1 Nat Anlllno ft Ch pf . . 87ft
7 National Biscuit pf ..U
0 Nat Enam A Stamp.. 8afl
0 National Lead 83 ft
1 Nevada Con Copper .. 1
. . New Or Tex A Mex . . 47
.. Now York Central .. 76J4
. . N Y Chi A 8t L 1st pf 60
.. New York N H II. S6 ft
7 Norfolk & Western .. 98J4
5 North American 53
.. Northern Pao 84
4 Ohio Cities Gas 1 47ft
.50 Okla Pr6d A Ret .... 5?4
.. Otis Steel 29K
1 pacific Mall 31J4
6 Pan-Amor Petrol .... 99ft
6 Pan-Amer (B) 024
.. Parish A Bingham ... 43ft
3 Pennsylvania R R ... 43
.. Penn Seaboard Steel.. 2794
.. Pero Marquette 29ft
3 Philadelphia Co 40
.. J'lerce-Arrow Motor .. 83ft
.. Pierce Oil 19)4
8 Pierce Oil pf 94
Pitt CC&St L 70
5 'Pittsburgh Coal of Pa 59
. Pittsburgh & W Va .. 29ft
1 Pond Creek Coal .... 18J4
8 Pressed Steel Car .... C9
8 Pullman 115ft
5 Punto Alegro Sugar ... 82 H
8 Railway Steel Spring. 10ft
1 Ray Consolidated Cop 18
4 Reading 38 ft
2 Reading 2d pf 35ft
.. Itrmlnrion Typewrit.. 86ft
6 Ilepubllo Iron & Steel. 90ft
. . Royal Dutch NY ... .103
.. Saxon Motor 13ft
.. St 1, San Francisco ,. 21ft
.. St L Southwest pf. ... 29 ft
8 Sears-Roebuck 231
1 Shattuck Ariz Cop, ... 114
.74 Shell Trans Trading . . 80ft
.. Sinclair ConBol OH... 41ft
6 Sloss Shelf S A I .... 75
0 Southern 1'aolflo 101
.. Southern Railway ... 'jH
5 Southern Railway pf.. '8ft
4 Stromberg Carb 72 ft
7 Studebaker 102J4
t'Stutz Motor 153
.. Ttnn Cop A Chom .. 11
U Texas Co 2I0J4
Texas Co Full Paid 207
. . Texas & Pacific ...... 44
0 Tobacco Products ... 71ft
Transcontinental Oil . 28 ft
TWln City R T 31
Union Oil 4ft
Union Paclfto 173
Union Pacific pf 06
United Alloy Steel ... 45
United Drug 1st pf . . 50ft
United lrult 200M
United Rv Invest .... 13ft
United Rv Invest pf . . :8ft
United Rtntl Stores . 70H
U S C I P A Fdy 10
U H Food Products . 1934
U H Ind Alcohol .... 08ft
U S Realty A. Imp .. 54?,
U S- Rubber 1C9I4
U S Rubber 1st pf .. IU
U S Smelt A Ret .... 70
U S Steel 100ft
U S Steel pf 113ft
Utah Copper ,534
Utuh Seo 11
Vanadium Corp 60
Ya-Carollna Chem .. 744
Va-Car chem pf 110ft
.50
io
4
4
Wabash CH
Wabash pf .8ft
WellB Fargo Exp .... 55
Western Maryland ..lift
Western Paclfla 25
Wcstlnghouso A Br . 112ft
Wcstlniliouse E & M. i3
Wheeling A L Erie. . . . 1234
White Motor 49ft-
WUIyE-Overlatid 1 U
Willys-Overland pf .. 87ft
WllSon A Co 7U
Worthlngton fumy . . b3
L'x dltldcnb.
, Low Close crura.-
37ft ftrf'H
170 170 .. '
14 1JH . 1
81 3lft 14'
57ft 68 J
143 163 t I
63 63 .. I
llift S '
,
31ft 31ft ..
CO 6fl?4 lft,
31 31 JS
53 '
43 13ft . 3ft
199 191ft Sri
tOft 36ft- ft
46 - H
10" 10
55 55 .
44 45ft
30ft 86ft- 'A'
61K 60H 3
t6ft 874 2ft
114 114 1
?8ft 78 1
81ft 8H 1J4
J5 15 ft
48 48 - lft
70 78?
60 60-2
S5ft 36ft 1
ten son V
53 53
83ft 83ft ft
46 46 ft
5 6 ..
20 29 - ft
31 31-3
66 B0M H
81 0234 3ft
42?4 4334 34
43ft 42ft ..
25 2534 ..
JO ft 28
38ft 40 lft
6434 64 ft
18ft -
84 84-1'
75 7J 1
50 5034-
JOft 29ft- 34
18ft 18ft ft
18ft 18 lft
115 115 - ft
81ft 81ft ft
99 89 lft
18 18 34
8634 7 ft
31ft 35 ft ..
78ft 78ft lft
85 85 ft
101 161 ft
J8ft 18ft- ft
-3 13- ft
29 29 ft
214 2.15
lift 11- 34
79 ft 7Bft lft
334 44ft lft
:3 75 3ft
100ft 101?4 lft
4ft 5 3.
f8 f8 ft
72 72ft 2ft
100ft 10234 4ft
151 151 4- ft
U 11 ft
200ft 219 8ft
207 207 5
42 ft 2ft-
70ft 70ft 1
M 37- ft
31 81 lft
T4 24
122 123 'ift
00 60-1
5 45
50ft 50ft ft
2G034 20634 134
133i 13ft ft
2734 28ft 1
7334 !5H ft
18ft 10 ft
Oft .0ft ft
06 88ft 2ft
53ft 54J4 lft
108ft K3ft
11134 1UH ft
tOft 70 lft
104 100ft -I- lft
113ft 1.3ft I- ft
73ft 754 4 34
10 111
67 ft 57ft- 34
7lft 744 3ft
110 ft H0ft lft
034 034 ft
!Sft I8ft-
55 55 2
11 llft ft
2434 2434- ft
10834 H3ft 2ft
334 .334- H
1234 1234- 34
19 t0ft 134
15ft 15ft- ft
n7 87ft 2
75 ft 70 - ft
Ol ft r lft
Commodity Markets
COTTON MARKET
New York, March 16. Cotton opened
firm today at an adance of 7 to 20
points.
The trade was again an active buyer,
but some of the old speculative longs
and Japanese Interests sold rather
freely, tho latter selling about 10.000
baleB. at 37,40 for Mav
Tho first sale of March at 40.19 es
tablished a new record for future con
tracts. The receipts nt the ports for the day
are estimated at 20 000 bales, against
27.041 bales a eek ago and 15,039 bales
a. ear aco.
lost riese
40 00
S7 no
, 31 211
SI 74
V.) SI
39 43
March
May. .
July
Ortohir
rtecember
January
Open
to 01)
R7.ST
31 40
SI IIS,
30 IIJ
B0. 53
11am
37.37
34 42
31 ft
IIU.03
LOGAL TRADING
UTILE BROADER
Philadelphia StocJis
Lake Superior tho Active Fea
ture, but General List
Was Steady
BAR SILVER
Bar silver, w4 quoted In London lf I
day f-74dtovfrt.3irv7 J1"
ni
05 11(1
ini iai
HV'i 84 Vs
20 .30
78 78
84 84
87 88
Vi 82 82
my, flsy, ony,
8l($ BVA 8l(
88(5 87 88V4
05 05 05
B2Vj 52j 52a
85 85 85
my mVi
07 07,(4
01 Ul
GRAIN MARKET
Chlouco. March lfl -An accumulation
of overnight buying orders caused fur
ther advances in com at the opening,
new high records for the movement
being established
In the Initial dealings offerings were
limited, but on the rise there was sell
ing by cash and elevator Interests,
which, sent May and July below the
previous close, and September receded
sharply .from the top
May opened at 1 S8'i to J1.E3H and.
After touching 8 1.(2 to, morea up to
tl 63ft. July started at SI 4Cft to
1M7, against 11 40 at the closo es
terday. and. after eclllng at 11.45T4.
rose to II 464 September was quoted
at 11.43 at the outset, against 11,41 "i,
vesterday's last price ond later sold nt
J1.4JU.
Oats also sagged after a firmer HtarL
At first there was buying by commission
houses, but local Interests sold. Receipts
were 112 cars
May onened at 844c to 8Bc, and late
sold at yesterday's last price to 84 34c.
July started at 77ftc to 77Vic against
77c at tho nd yesterday, and later sold
at 76ic.
Receipts of wheat here today wero 4
nam.
Corn (new delivery
Open lilsn Ixiw
May ... 1.MV4 1 S4', 1 B2'A
July ..I 1 43 1 48 1 43'4
uais
May . .
Test
12 30 rloso
1.S1T4 LSI
1 47 1.40
S4U
77
SIS
78
July - .
May 2I 4B 31 7
July ...22 10 22.3ft
Mayb,T7 IS f 1 71
July, .M0 07 10 27
B0 tAsked
R4S
70H
S4
77
21 II
J2 13
18.S1
IU 07
liftS
77
2t sri 2i no
2J 35 t22 10
18 7R tlS.ftl
10 27 10. 0J
III V)
NEW YORK COFFEE MARKET
New YorV, March 16. The market for
coffee futures developed a firmer under
tone on the call tills morning with prices
B to IE points above the previous close,
sentiment possibly being influenced by
a .more cheerful view of developments
In Germany.
Buyers In the coffee market this morn
Ins found no special encouragement In
the Braxll cables as ar-', quotations
wero concerned, but tho more.optlmlstlo
feeling as to the political outlook abroad
caused scattered covering, with prices
maintaining- juii ipe iimim gains,
f .Y.sirctose'Open "ir a.m.
Si.tts .... la tin. 11,11 ...ii ufliT
wiruti:m u mir
The lorol market dcwlnpoil 11 ilNtinet
broadening tendenej iininedlate) fol
lowing the opening, with nn npprrclublp'
expansion in the oluini- of dealings,
Tln tone of tho general list at the snmc
time was strongir, and wlieic price
I'hiuiKOb - miiilt- Mibstuntlal gains
were recorded.
l.nkt- Supi-iioi Corporation was the
leading frattitp in .point of ottiitj nntl
Klrengtli ndvani-ing $1 -J.", to 'J!',i on
(ilitc nctive tradin X'liotltruii n-ptirt-that
all differences with the Rrlttbh
bondholders concerning the agtument
for the adjustment of the uitiri-Ms ou
the bondH of the uiideihiiig railmad
roinpanlcs had been Ironed out witiHfac
torily were undoubtedly lesponKllilc for
the renewed activity in stock Nothing
official coueernlng the ni'KOtiulions.
however, will he made known until
after the board meeting
(icnernl Asphnlt luefeireil on smull
Iraii'actlotis added 5 points to vester
day's MibMnntial othance l'.leitrlo
Ptornge Ratten wns SI hiclirr nt lin
but did not hold I into I (in, Iinin-oe.
ment shaded under -11) iflcr opening nt
40ft. Amerieuii Htores declined to
K. l'hiladeiphirt niictric wan linn
nt par, and IMiilndelpliia Itnpiil Transit
moved up ', lo 'J.TJ.
FOREIGN EXCHANGE
Sw lark. March 16 With tl0 c)s
ceptlon of Spanish and ycan.llnavlan,
uii 1110 i.uiiiwuttii cxinnnirrH nnriiLari
substantial improvement in tho openintr
ling adviiiicetl SU tit 3.C9, and cables
j.iv, riin. snoweti nil auvnnce of
J2 centimes at 13 40 for cables and
13.42 for checks
Other quotations wero
l-,lr ra.hAleB.,'?li' checks 18 27; Swiss
StJe8 J,? Wr) r-82 : Builder cables
36. checks 363i : Belgian cables 13.00
checks 13.03 ; marks 1.30 j pesetas cables
17.86, checks 17.46 ; Stockholm cables
20,26, checks 20 lft ; Copenhagen cables
17.05. checks 16,90.
Demand sterling Mas steady through
the late forenoon and the beginning of
the afternoon at 3.70 W and cables at
8.71. The market was quiet. Frano
f?bA'H-wr? ott t0 l3-e for cables and
43.46 for checks; lire cables ware better
"1. 1,?,I,v c'!.ckB 78-20; millder' cable
off ft at 3634. checks 8631. Neutral
exchanges were stronger.
TK3TKnpAT-B FINAL QUOTATIONS
n.n.. "i'iViT . i-."" ."-"""""
r.h(.. ' i'.SiT :s :; 122; ss
-rr- ...n. .qtb
lllcli Low
105 Am Sirs. 45'. 45
:i5 i:i Stor..ll " 118
100 C. Asp pf.l(15 105
HJ I Co A. 28 8
mi 110 war.
U185 J.k S Cor.
40 I.ch Nov. 04
2 Leli Vai.. 47
O or Nat
Rank ..182
172 Pa R R.. 1 1.
HO I'hlla Co
cum pf. :i3i
340 I'hlla Klec 25
48 I'hlla RT 23'.
2814 28
1' VA
21 'A 20
2 tReiiding. 88
10 i; c,i,. 1014
:io tu s sti.1001,5
01
5094
182
1.1 vs
!4V.
24T5
881
48
00
182 ..
4:t-
247,i
00 Of,
1
A copy of this book
will be sent you
THIS conveRiently sized book contains
xThe Transportation Act of 1920-in full.
Wo have not abridged nor ,taken out
any portion of the bill, but by the use of
marginal notes and complete indexing have
made it very easy for you to locate quickly
any particular subject.
The future for the railroads is very
bright indeed, and there are many attrac
tive investments, among the railroad se
curities, at tKe present range of prices.
Detailed information regarding rail
road securities will be furnished on appli
cation. . To ob lain booklet described
above write for "Railroad 1 A."
GEOWKENDMCK 3rd g CO.
j332&ers
1431 WALNUT ST. . - .-
k nni) I'hll. W5
Zxrh inc.,
llemher. Neu nrk
mlelnliln sinrk lltrhince
PHILADELPHIA.
relrphnneei Hell Hprnre fllJO
Keratnne Rnre Ills
DON'T WAIT UNTIL YOUR
ACCOUNTS BECOME BAD
TAKE OUT CREDIT
INSURANCE NOW
THE unsettled conditions of busi
ness make Credit Insurance more
necessary now than ever before.
Commercial ratings give only past informa
' tlon. Collection agencies only promise to
try to collect. But, when you carry "London"
Credit Insurance you knou) you'll get your
money, and you know when you'll get It. It is
no mere"hope"or"promlse;"your policy in the
"London" b a guarantee, end you do Hot have
to wait or negotiate.
When one of your covered accounts is not
paid at tnaturitv, it Is construed to mean a
"loss", and any excess of the norrnal loss the
"London" pays within forty-five days.
Tomorrow another of your accounts may be
come, bad. Better ask to see us today.
OUR SUPER-SERVICE
Losses Paid In
AmericanCurrency
AT "YOUR
SERVICE
Established
Eighteen Sixty-nine
LONDON GUARANTEE AND
ACCIDENT COMPANY LTD.
R. A. IRVING, General Agent
Phone Lombard 4016 820 LsFsyeite BIJg.
I'MILAULLIHIA, fA.
tN'et chsnjs mnUo by comparison with Inst -
alo on Nww York Stock Kxchunile fr
Sfi.tS.in nONDH Net
3100 lllsh Low Sum rhire
ti linld I.oco
1st 5s..., 1)0 i OO'j 00'. f;s
1 Klec & l'ro
Tr 4s.... OlVj (14U. M!, l'.
7 Lk S ine 5s (10 (10 (10 " . .
4 Lib Ilonds
3d 4,r., 0.1.00 OH'.OO 03.00 ,J0
33 do 4th 44s 00.04 00.00 00.00 .12
1 Vie X 4'Us. 1)7.54 07.54 07.544. OR
5V6 Phlla Klec
1st fis... 11:1 ni ni ..
1 Read gen Is 78"', 78 78'i
TvlONEY-LENDING RATES '
NEW YORK Money on call opened
toils v at 0 per cent for lending aud ie
liewiug. riiii,.ni;i.i-iiiA Call, e per cent;
time, 6 per cent : commercial paper,
three to six months, c per cent.
I.O.N HON Money Is quoted at 3H ner
cant Dlsoount rates, short bills &
oft per cent; three months BT4 percent.
BANK CLEARINGS
llsnli : rlesrlnKH todsy compared with cor
reepondlns; dnv Inst twC er:
lfl-0 1D1U intH
riiiia hot sHO.m n.44H,ni4 i.-i.-i.tiimoo
llaltlmoro 15.B83..M2 14 Sill StlT . ,
Today's Ranoe In Liberty Bonds
High 1.0-w i1'"
Lib Rond 3js... 00.20 00.10 (Hl.lfi
Lib Rond 1st 4s.. 00.60 00.50 00.50
Lib Rond 2d 4s.. 80.80 80.42 80.42
Lib Rond 1st 4Ys 01.10 01.00 01.00
TAh Bond 2d 4,yt8 80.00 80.80 60,80
Mb Rond 3d 4V4 03.60 03.00 03.00
Lib Rond 4th Htfs 00.10 00.00 00.00
Victory Note 34 s 07.00 07.50 07.50
Victory Note 4y,s 07.70 07.54 07.54
IS S3
r trjtjrri.o ErjiNtj aiiOTATioN' .
, . etZTln.1 yrne Mr autldem
Pwnsna .... S.CtlU JS.4J lltT' Sssf
, I tyT n;tr- is,M
rTpswr
' Prices Firm on Prlt Bourse
.t,,lr,, Msrch 18. Prices wrn flnn on
the Dourse today. ?hree per cent rentes
wero Quoted J t J5 francs SO centimes:
exohanirc. on ixirtdon. 4 fmnos-js-ceni
t rn,eg: 6 per cent loan, franca io ejn!
Umee. The dollar u miniut . . .
trirnoB-M)-WHtme:-r r"-- -.-il
A
Safe
1st Preferred Cumulative
Stock .Investment
Offered By
-,1ll-JralHgr,t....iJ-..Mrv1B5)
sfeWglMI.MftlJJU?M
GENERAL OFFICE AND FACTORY
READING, PENNA,
This atock will participate with the
common stock up to 5
This should' net investors
ll0;
IPrsV,.
K
ji
iihsA."al::y ' tMs, j,
1'
tlJUr,, yJ'&
S
tvAjfusf 'KV "
M
i
p'
(r i
i:
t r. ", .