!& , Vi,, 'M'Wm W -:. jeUVa .rtl- " v V j " - . rVJ W v IP fc,, " M-.-iA-.)... v .c.1. r, . . ... I A I u - ' ' -' '... i .- i- '..' t. , .- t.. . . ' ifc iu-ii i i ' nnh 11 T . -'. .t' 7l7TeBBMaH ' J ' IU !.,- A or. v t I, f I .., if. li ,' to v mi nte'trnm power OF MONEY-' ... .. ....- 1 -a. l ... VM. l. Convertible Oold Notes of a 'corporation, maturing annually UB22 In 102(1 n1 convertible at uon or 'the Holder Into zo snares irnon ' Stock (or tacit IIOOO par ?arnlnra for year 1919 war ImM Interest rnirtM An naIil aftr preferred dividend at the rate h corporation earned over 110 on the outstanding common f riirl t ,MT , aharo 'Meejc Prices to Yield 8. MOORS LEONARD & LYNCH CUSHMAN NEWHAUt Vr MAHAonir ' 34p WALNUT STREET nil lAHLTON HOTCI. , Wk husk in MEMBtR -.NCWYOKK. FHHAOCLPHIA C PfTTsauaoH STOCK UCHANOCS PfrrjsusQM THICK hiuiU NARROW MARKET NEW YORK STOCK EXCHANGE TRANSACTIONS Prlco Movement Contintiod Mixed and of tho Usual Meaningless Character ESTABLISHED 1865 BIOREN & CO. BANKERS 410 Chestnut St., Philadelphia Government, L (Municipal, Railroad I Corporation and Utility Securities Jfewoere Jfeio Tork end Philadelphia Stock Exchanoti New York, June 21. Today' olock fnnrket xvn much the aame dragging affair a vt-ltrjotwd In the recent ses sion.. While dealing during the morn' Ing were somewhat In excess of the re cent average, the trading, generally openking, war of the mm meaningless, character. Price movements were mixed and conflicting nnd carried no signifi cance, except to emphasize the ultra professional caliber of the current spec ulation, and rigid decision of the more influential traders to adhere to the watchful waiting policy until nfter the Democratic convention and until money matters shape tin better. . : The market during the morning gen- maammmmmmmmt vm11Z?: jites developed positive reactionary tend- , ency Offset tine this, few of the prom- i Inent pool Issues, such as Vanadium and Renincle Steel, showed market strength. Shipping, textile and sugar shares made some gains, while the steels, oils and motors were Inclined to react. I Unfavorable effect of Saturday's poor I statement of the Clearing House iutl- tutions was. in a measure, partly offset by the much better showing made by the Federal Reserve hanks. The deficit lenorted bv the former caused no narr ation in call monej rate. Avlileh opened nt 7 per cent, most renewals beinc mnde at that figure, although after mid -day theret was a distinct hardening with uu advance in the rate to 0 tier cent. While the resumption of the railroad strike in the I'hiladelphia nnd Baltimore districts directed renewed attention to the unfavorable transportation situa tion east of Chicago, shares of the rai"- i roads most affected by this unexpectfd I situation were not materiill changed. I On the contrary. Delaware. Lacka wanna and Western extended its rise to 12 points. Reading also was nbout n point higher. In the others what chnnges were made were confined within fractional limits. There was no pressure of long stocks from any source, and where recessions occurred the declines were caused en- i tirely by reason of the shifting scalping I operations of smaller fry of the profes sional trading element. Some effort was made in the earlier dealings tn make jsome capital out of the latest develop, ments In the eastern European situa tion. bu$ the maneuvers were unsuc cessful in so far as dislodging any con siderable amount of stock. In conse quence, most of the lines put out in the first hour were taken in again by mid day despite the nscent of the call rate to 0 per .cent. The dull but generallv higher move ment of the early afternoon was featuied bv shippings-, oils and equipments. Ma rine preferred, Atlantic Oulf. American International. Mexican and Pan-American Petroleum and American and Hold win Locomotive, were 1 to -1; points over last week's closing prices. 8 and Safety A 7 First Mortgage Bond To Run 15 Months. Purchased by Leading Phila. Banks and Trust Companies beeurlty Threefold Interest earned 7 times. Five of State Tax. miCE OSH AND INTEREST Ettyard V. Kane & Co. Morris Building .REORGANIZED RAILS Can now tin tiurchaeed t a frnc. tlon of their Int-tnslc worth. Why not prepare for their better position rnarketwlen by etudrlnc our special letter. "The Rehabilitation of the nails." which will be sent free upon riueit. arkefaM atcuritln cnrrUd vrnn coweervaMve marolsnt bij(. Odd lot o eprelnlfi Inquiries Ini'ltrd. (tOLDDERGDHEIM rf-u... )'n- toeU rxcl,.n t. ( Conn. Stork Kx. of N. V, J6ZZ uicstnut St., I'hila. Phones Bell. Spruce (WIT. 43UO Kevator.e. Raiv 7sn 7 Broadwar 4SO flth At., N. T. iiiBuiimu vviin. STORAGE.BATTERY STRIKES NEW TOP Trading in General Local List Continued on a Lim ited Scale We have for sale 7 Convertible Notes To Yield 8c Tangible assets of $U2.noo,ono applicable to total note t3sue of only $10,000,000 with annual net earnings in excess of $11,500,000. Reed A. Morgan & Co, West End Tru.ii rtUln Phila Members "t the Phila Stork Esrh. GE0.A.HUHN&S0NS 5 stocks Avn novTs rembprr f the Philadelphia. vn 'ork nd Chtraco Stoek EichaniM New York Cotton Ktehanra Commtaalon Order Executed In All the Principal Market BELLKVl'F. COCUT nUJO. 141S Walnut St. NEW TORK OFFICE 111 Uioadway. New Vork Tenn Central Mint & Power aptr Welsbae Indple., Crawfnrdsvllle i. Dnnr. .. Empire Uednlnr Co. Coll. Tr. eiDacn i ompnnj loll. Trust .1. 19.10 s, io-jt 1. 10.11) As. III.VJ fls. W2 S. 193i Electric .Storage Rattery continued the all-absorbing feature of the local mar ket. During the first part of the ses sion the stock was piuiJn.sU active de mand which carried Ifi idftiy tdA new top for the current movement ut 127. Nothing official wns forthcoming as to the predicted stock allotment, which, according to the Street reports, will be I approximated 20 per cent. It was I further Intimated, that in addition to the stock allotment, the management has other plans in mind which will ereatly enhance the value of the shares, i There were some fanrv prices predicted during the day. but after the lirt de mands were satisfied the stock fell back to 12.". Question wus rai-ed in some 1 quarters whether the monev market conditions would not tend to lessen the ordinary stimulating Influence of a stock allotment at this time. Trading otherwise continued of the same listless and restricted character of the recent sessions. Price variations I eontirued to oe confined within tho 1 smnllest fractional limits. The only I exception was the extrfme thinness of the market. Pennsylvania Rnilroad ' n-nu fttAfirlv tlf 3Q7 rlun!tn rhu tiflfi.i strike, which was partly due to the fact that the government still pnys the monthly compensation to the carriers. American Stores, after notable strength at the outset at 41T, fell back to 44 on small selling orders. I'hiladel phia Electric reflected the same groom ing in preparation for the proposed new financing, being well sustained nt 22 M,. t'nlted (ias Improvement shaded under 42 igain, while the new preferred was firm at par i.?."0i. Lake Superior dipped to iri 1 4 . hut rrcocred. Phila delphia Rapid Transit was dull but stf.-idv at l!'. ales 300 1200 200 10A 100 400 400 200 neoo aioo 1000 00 200 300 too 1300 200 700 700 100 JtOO 300 800 100 3J300 100 3900 100 3730 300 300 200 3S0 300 100 400 300 fiflO 100 100 400 500 000 1000 A00 100 200 100 400 1800 100 1100 100 1010 200 5339 10400 top , 1330 700 100 400 400 100 1000 2S03 300 100 100 14210 4503 too 100 700 200 400 2000 100 5150 100 100 100 100 7900 2900 100 100 400 100 400 100 11700 100 110 ino 200 590 390 100 200 200 2400 400 Dlv. In 2:30 Net tiw (NTtm) Chte, U314 . 10 . 07 .1S . 43 y2 .108 . 50 . 0K aH m 3 33 87 40M 00 Y 13 01 88 V4 tVA 17 Wz 01 39 87 ft tm 234 55H 9VA 13 814 7M 180 H tl HV MM 147ft 31 N 0J4 1? 107 8 17H 31 68 K lt3ft Wi BK 118 43 ft 101 49H eift 38 ft 15 H 78 35 ft 33 54 30 ft 83 34 ft 13 4tt 104ft 142ft 53 ft 80 55 200 ft lft 21K 13 89 ft 70 33 174H ft 1H 3 38 87 40H .. eoft- 1H 138 1 oi, - H 88ft 1ft 08 4- H 17 H- J4 J4ft ft 01 39 87 ft- u nigh .. Alaska Gold Mines,,, l)i . . Alaska Juncnu O M.. 3 1 Allls-Chalmers 38 8 Am Agrlc Chem 87 .. Am Can 40M 7 Am Can p 00ft 12 Am Car Vay 138M 7 Am Hide A Leather pf. 91ft Am Internat Corp ... 89 0 Am Locomotive 08ft .. Am Safety Razor ... 17H .. Am Ship & Com 34ft 7 Am Smelt & Rcf pf.. 91 3 Am Steel Foundries. . 39 10 Am Sumatra Tob ... 87ft s Am Tel A Tel 93ft 20 Am Tobacco 13t 3 Am Tob Sec temp ctfa St 7 Am Woolen 97J4 . . Ann Arbor 13 .. Auto Sales Corp 8ft (I A tell Top & Santa Ke. 80 10 Atl Oulf A W I S 8..H3 ft Atl Gulf & W I pf... e 3.50 Baldwin Locomotive. 119 . Baltimore A Ohio.... 30 H 8 Barrett 151ft .. Bethlehem Motors ... 31 J 5 Bethlehem Steel B ... 01ft . . Bklyn Rapid Transit. 13 10 Burns Bros 108 . . Butte Copper A Zinc. . 8 .. fnddo Central O & 11. 17H .. California Petroleum. 33 7 California Petrol pf . . 0? 10 Canadian Pacina . . , . ( "ae J I A tntral Leather . .. . Central of X J 1 Ccrro de Pasco Cop. 10 riianrteler Motors .. . . Chi Mil A St Paul pf 3 Chi Pneumatic Tool. . . rhi R 1 ft Pao .. Chile Copper 10 8 Cluett Pcabody 78 t t'oen-Coln S5J4 3 Colorado Fuel A -on. 33 ft Columb C.ns A Elcc... 54ft 1 Col Graphophone .... 38 a 7 Col Graphophone pf.. 83 3 Consolidated Textiles. 35 1 Continental Candy ... 13 4 Corn Products Ref 84 7 Corn Prod Rcf pf.... 104ft 8 Crucible Steel 14B .. Cuba rano Sugar.... 55ft 7 Cuba Cane Sugar pf.. 80 7 Cuban-Amer Sugar... 56 10 Del Lack A Western.. 210 Denver A Kio Grande 4ft .. Denver A Rio G pf.. 10ft .. Elk Horn Coal 3ft 7 Krle ' 5 Endlcott-Johnson .... 01?4 8 Famous Tlayers-L ... 77 3 Flsk Rubber J' B General Electric t4lft 141ft 141 ft 4- H Lieneiu l ticnerai .uuimo v..u. . .- . . Gen Motors iticnis . 0 General Motors deb. 7 Goodrich B F pf.... 7 Great Northern pf . . 4 Great North ore ctfs. Green can Top ft 03K 234 4 56 4-07J44-13 8ft4 80 4- 1(3 4-, (4 lisK .. 30H- ft 147ft- 5 "If O0H4- ft 13 108 vm 8 tm ift 33 4- ft 6(4- 2ft 113ft- H 10 4- 1 B7 - ft 198 - 1 43ft 101 - 1ft 501 B8ft ft noH4- ft 10 78 3 3SW4. ft 33 4- ft 54-1 29ft- X 83 4- 3 35 1 13 4- 1 04 Vl 4- ft 104 ft- ft UJ4- ft 55ft 4- 2H 10 50 4- ft 210 4-13 4144- ft 10ft .. 22 ft 4- 3ft 13 4- ft 89ft- 1 77 2ft 33 174-H IV Bales in f ' 100 it Lorlllnrd Tob 100 a May DeDt Stores.-'. . ..113 3000 lo Mexican Petroleum ..70ft nauu i.oo minaie states corp... 33 3:80 Net ltlah Ix)w INTtm) Chae. 137H 13M 137K- 1ft ft 73ft 88 69J 35 ft 20 ft ' '4 Haskell A Barker Car 78 7 Rllnols Central .. Interboro Con Corp. 0 Inspiration Con Top. . . Int Agrlcul Corp . . . 7 Intl Harvester New . 7 Int Harvester pf new . . Int Mer Marine . . . . 0 Int Mer Mnrlno pf.. - ini Mntnrlruck 1st pf 7 Int Motor Truck 2 pf S International Nickel .. 17Js 7 Inter Nickel pf .. International Taper 4 Island ("reek Coal . . Island Oil . . Jewel Ten pf 4 Kelly-Spc T T.'ul.a. Wheel . . , 3 Keystone Tire A Rub. t3H 81ft 3 53ft 21 133 30 33M 90 70 83 . 7 54 . 53 . 57 . 33 .100 ft 62 ft Kennecott Copper 0 Lackawanna Steel . . . 2 Leo Rubber Tire 3..10 Lehigh Valley ....... 7 Liggett A Myers pf.- 2 Loewo A Co . . Loft Cor 20 ft 71H 29 Ji 4lft 09 10 ft ft 73 ft 88 8' 35 ft 28 73ft 81ft 3tt 53ft 31 133 36 33M 88H 70 8 17H 83 75 ft 53 50ft 3.1 106 03 ft 23 H 28 71ft 20'j 41ft 00 27 ft 16 ft ft 21M ft-73ft-88 69H- Yl 20 - I, 76 4- 3H 81ft- 1ft 3S4- ft 52ft - ft 21 133 1 38 4- 3 33H4- H RSH- 79 4- 1 68 4- ft 17T5 .. S3 4- H 7ft- ft 52-5 56ft- ft 33 106 ft- ft 6Jft4- H !3H- H 56 - ft 71H- H 28T4 ft 41ft- ft 09 3 27ft- X, 16 ft 4- ft 1100 100 100 800 400 2300 100 100 100 400 300 100 400 100 3760 00 300 1390 100 100 1 800 800 100 600 600 100 300 400 100 2100 2200 000 400 3800 700 000 300 300 8300 8700 100 100 3100 2400 100 1800 600 200 400 300 300 200 500 4630 10)0 3390 3000 1500 800 10900 200 (300 600 700 390 17800 100 3600 3)9 100 100 300 1600 400 2840 13100 100 500 100 300 600 000 30100 100 100 100 100 600 300 300 200 400 1600 400 100 100 10K 75 lft 8ft 10 ft 4 Mldvnle Steel A Ord.. 43 . . Mo Kansas A Texas.. 6 .. Mo Kansas A Tex pf. Oft .. Missouri I'nctno ...i, 24ft .. Missouri Paclfto pf... 40ft .. Nat Aniline A Chem., 72ft .. Nat An A Chemical pr. lift 5 Nat Cloak A Suit.... 03ft .. N V Chi A St L pf. .. 55 .. New York N H A H.. 30ft t Norfolk A Western... 88t ft North American 50 ft 7 Northern Paclflo .... 71ft ft Nova Scotia SAC...' 63 4 Ohio Cities Gas 3(H .10 Okla. Prod A Ref 4ft 4 Paclflo Devcl Corp... 61 .. Pacific Develop rts.. ft ft Paclfto Gas A Eleo... 46ft 1 Pacific Mall 30 .. Pan Tel A Tel, 45 6 Pan-Amer Petrol 101 H 7 Pan-Amer B i6ft 4 Parrlsh A Bingham.. 33 3 Pennsylvania R R, ... 38f( .. Penn Seaboard Steel. 35 .. Peoples Gas Chlc&co. 38ft .. Pero Marquette 23 H 5 Philadelphia Co 36ft .. Phillips Pit , 43 . . Plerce-Arrow Motcr. . 53 .. Plerco Oil .. Pitts C C A St L ofd 5 Pittsburgh C of P... .. Pittsburgh' A W Va; 1 Pond Creek .Coal.... 8 Tressed Steel Car,... 00 8 Pullman 112 ft Punta Alegre Sugar. .105ft 4 Reading 8?4- . . Rein A- Co 17 7 Rets A Co 1st pfd...i75 .. Replo Steel 85 H 6 Republic Iron A Steel. B1H .. Republic Motortruck.. 51 .. Royal D N Y rcts....il5ft 1 Santa Ceclla Sugar... SSJa .. St Louis Southwest..', lift .. St Louis Southwest pf 21 ?( .. St Louis San Fran... 23f( . . Saxon Motor ........ Oft .. Shnttuck Arizona .... 854 .74 Shell Transport ..-..- 75ft .. Sinclair Oil 33 0' Sloss-Shcft .....73ft 6 Southern Pacific 02ft .. Southern Rail 23ft 7 Stan Oil of -N J pf.,..100Ji 4 Stromberg Carb ..... 74 ft 7 Studebaker H .. Tenn Cop A Chem.... 10ft 8 TexaB Co 48f .. Texas A Pacific 40J4 6 Tex & Pac Coal A Oil 46 ft 6 "Tobacco Products ... 00 .. Transcontinental OIL. 18Ji 1.50 Twin City R T 30 .. Union Oil 32 10 Union Paclflo lsft 4 United Alloy Steel.... 43 12 United Fruit W , .. United Rwy Invest pf 21 ft 5 United Retalt "Stores. . 78 Ji ..US Express 0'j 6 U S Food Products .. C7H 8 U S Ind Alcohol 02ft ..US Realty A Imp... 68' 8 U S nubber 0!4 8 U S Rubber 1st pf...l08 6 U S Smelt A Ref 8 BUS Steel 03ft 7 U S Steel pf 1V4 0 Vanadium Corp 87ft 4 Va-Carolina Chem ... 1v 8 Va Iron Coal A Coke. . 11 2 Vlvaudou Inc "ft .. Wabash 'J .. Wabash pf A 3H .. Western Maryland ... 0ft 4 Western Paclflo 27 ft 7 Wcstlnghouse A BrakelOS 4 Westlnghouso E A M. 49ft 1 Willys-Overland 20 5 Wilson & Co 81JS 8 Woolworth F W 106 a Worthlneton Pump... 4 113 78 28 ,41i O 0ft 34 ft 0ft 71 3ft 63 ft 55 39 86ft 50 H ft 63 38K ft 51 ft 46ft 30 43 103ft 00 ft 33 38ft 25 37 13H 36 ft 43ft 61 16 74 M S8ft 47ft 1AH 00 111ft 103, 84 ft 17 75 83 ft 03ft 51 114ft 13 UK 3lft 23 X Oft 834 74 31ft 70 ?4 R2ft 22 14 loo 73ft 70ft 10ft 45ft 40 ft 46 69 14ft 30 31ft 113ft 43 291 20f4 79ft 6ft 6ft 00ft 58 ft 08 108 58 02M 104 ft 84 M 75 ft 115 18 ft 7ft 23 0ft 37 ft 106 40H 10 61K 106K 61H 113 4- .3 70ft4- Ji 30 4- ft 1M- V4 oft'ft 34ft .. 40ft .. .71 13ft 4- ft 3ft Mb 65 4- ft 38ft ft 86ft ft 50ft- 2 71ft H 13 30H4- H 4ft .. 61 ft 46ft .. 30 - y 45 4- 3ft 108 J4 00ft- 1 37 3894 ft 35 - ft 37 - lft 13M- H 36ft- ft 43 ft 4- ft 61ft- ft 16H ft 7fc 4- ft 61 ft 4- 2J4 48ft 4- ?4 10 4- H 80 113 4- ft 10 4- 1 84H- ft 17-1 75 - 4ft 81 4- ftl 02M .. 51 - ft 114ft- lft J3? lft lift1- ft 31ft- ft 23)4- y, 6ft- H 854 .. 75 4- H 33 ft 71 83H- ft 23 100ft 4- ft 73ft 4- H 70H- 1H 10ft 40 - ft 40J44- ,J4 46 - ' H 69 4- H 19ft 4- lft 30 - ft 31H4- H 113 ft 4- ft 43 201 31 ft 4- ft 78H- 54 6ft4- ft 67 - 14 01V44- 58ft- lft 06 - K 108 58 1 03ft- J4 104ft- 8ft 1 75ft- ft 115 1 18ft- J6 7ft4- ft 23 0ft 27 ft 105 40H4- lft 614 10654 64H4- i-Y H Ex-dlvldtnd. tatlons ot loreiKii r.......v .- ------ flu ..i.. .i i. f-alrr of 6 nolnt Demand sterling was up H. ? J.97i,. n ..i. . i 'is fmne cables, at i. runip'M ncau .'- - - - Commodity Markets COTTON MARKET New York, June 21. The cotton murket fnlled to fully reflect, in its opening decline of 24 to 37 points, Liv erpool's pronounced weakness. After the opening, pressure Increased to such an extent, irom jjiverpuui. nun nm-cs Scranton Trnetlon Company 1st xnaiunaiKiiiii .-.i.riiirru irnriion. neuiienem mis-i iorr. l.oulp. 7. sirlnl Canadian Paellle Uy. liufo. n Serial ller Tr. ft. 03 If fl. in? 'mnn II f) Jt .no I UMnk... I'SMu J.lnl.lr. L,.i. --' l73' I ...uiiii r. a (..r.u, ,M r-IF.- IXT s anaaion i-aruie ity, rniu Ft. Wayne & Wahaah Val I-ehlli Trnctlon Comimny Western New York & I'enr Philadelphia Stocks Tfhiin IT at Samuel K. Phillips & Co. OUJ llltiSTMT ST. llfiAm Strs. 44 44 10 Am Gas. 37 3 37-i 1 I ('am Iron :i. .1. N NEWBURGER, HENDERSON & LOEB Members New York and Philadelphia Stock Exchange 1410 Chestnut St. : v i at Net p m. chye 14 ; 37 M,.. 3.". 3 12.-.1421J SATURDAIS FINAL QUOTATIONS. Ptrl IK Trfnes Lire Guilderd Demand .. 3 "if, 12 1 52 3.V4 Cables .... 1'7S 12 60 10.30 36 TODAY S OPENING QUOTATIONS bVrlins Fwnii Ure Gu.M-r S "it1 12 " I ' ' ' a '.s 12 .. 10 3' an Noon QfOTATlONS Si.r ns Franrs Lire Guilders .'I fC 12 .-! 1" " "! 3 )S 1.' .IS 10 .15 Demand Cables . Demand Cables .30 MONEY-LENDING RATES TW YOltK Money on call, both cln'sses of collateral, opened today at 7 per cent for lending and renewing. Time money was quiet today, the nom inal rate being 8 to 8H Pr cent for all maturities, with very Htt'e coming out. Tho opinion In money market circles wns that the market for tlmo funds will re mnln quiet for the time belnf. Prime eltRlhle acceptance bills, run nine frr.m rt ' tn n davs. were quoted at from 8N to 0l4 per cent There wns a good demand and a fair turnover was recorded In this department. rilll. MH'.I.IMIIA Call. 6 per cent: time, 0 per cnt; commercial paper, three to six months, B per cent. (Xnte These nre merely nominal quo tations, as the legal rate of Interest In the stnte of Pennsylvania Is fixed nt 6 per cent Plus premium and commis sion time money for thirty to ninety dnvs i lo-ining at 8 per cent, while com me'rclal p.irer from three to six months Is being offered at 7 to 8 per cent-) a m. 37 2.1 84 76 83 4.1 32 SO 32.30 1:311 p m. 87.14 84. nt 33.K0 82.77 Employment Manager Experienced In handling Male and Female Help. Youns- demoTHtu and practical knowledge of a. i ount'nir, x-acu rate,, production and perx.nnel r.orl Em ployed at present where daily vacancies average lees than 6 pr tent capacity Mercantile houea or farior; in itreater S'aw York or Philadelphia. Ha.ary J25 00 lo start. Addrees ' Emplov," Bo (10. IvOny liland City. 20 1A 1311 32'... Tn 10 4Hi nn 03 20U.. 13V5.. r.svT4- " I 127" KlecStor.127 124 13 I Co N A ret f pd 20 11. I Lake Sup. 131... , 10 I,eh Xav. r.Ki', 1.-2 Pa It It. 3ST, 1 12 Phila Co cum pf. 321 I 340 Phila Clec 22i, 10 Phila II T 10 1 2nntTrans Oil 10 I 3 l' C I... 41 7H R do pref. .10 I 2fM)tr S Steel 03 I t.Nt rhang md bv comparison with leu , eale on New York Stock Exchanse Sales In BONDS 1 3D I $inoo llmh Low P m I 3 Am Gat A. 32.. V 4- H 11'. ink k 50 . . 03 22t II) 10 .Vet cht,. 1 1 An Unusual Investment Yielding 8.64 Circular Upon Request NAULTY & CO., Inc. Flanders Building PHILADELPHIA, PA. I.Iec .'is. . .- Lib Bond 2d 4 Vis.. S's" 3d 4Vis... -t-l i ' 80.30 80.30 SO 304- :in 3Vt 4th4V4s.. R0. 40 80.34 S0.404-.1S i2 1". VIC 14. l,j.rl !.. it) IM.lt . JO 0 Penna H It temp ctfs.lOlUj 101 101U..4- i Aeaoclotrd Hlmmona Hardware 7a. 102 (land Oil & Transport 7a, lO'.'O iWoeit-SUeflleld rUrel Si Iron fl. I0!0 Chlcaao & Northwestern 7. 103U UnJUd Ufht Kwy. o, 1032 Otto Ularnlohr Com. 3 I'ref. Morton Lachenbruch & Co. LAND TITI.K 111.1)0.. I'HILA. Tel, Bpruce 3H1. Uaca BO.10 Kw Tork Chlcatto Detroit I'lttaburKh 11 otcea connected bv private uilre K4atUtlrlan S Kronomlit will soon be avail bl (or Mi('K or Stcok Exchansa Houae. Intereallnc methods for meaaurlne and In Urvratuut liuilneaa- and markat position A 410. Law .Otis. Tamplco Producing Less Oil llrxlro City, June 21 petroleum ex portntlons from Tamplco and Puerto Lobos. state of Vera Phiz, were only one-third of the normal amount during May according to figures gathered from oil companies by the newspaper. El Universal. GOVERNMENT BONDS Panama coupon ", 1838 Panama rralatered 2a. 19 Panama coupon 2a. 1638 aii'ered 2a. 1838 Panama coupon 3i, 1061.. . Panama reslaiered 3i loai Philippine 4e. 1934 I'hlllpplne 4e. 1HS.1 . . rhlllpplna 4s, 193a V S Govt coupon 2a, 1030 U 8 Govt rerlatered 2a. 1930. V B Govt coupon 4s, 102S... U tl UOTl rraie.eiru ie, v.)i ,1U Olat of Columbia 3-BJv 1824.." 03 nid loo'i .lOO'I lonii .100 'I 77 . 77 . 78 . 78 . 78 loou 10014 . 101 lot Aek 11104 100U loon 100'-, 81 SI 82 S2 82 Hll'i lotli 105H 103M FOREIGN EXCHANGE v,- York, June 21 European ex changes were strong In the opening quo- s nd 55 and checks at 12 56, were up: I'O'nts Other quotations were : Lire cables 16 55 checks 10 57; marks 2 63; Belgian i..hw ! .-hecks 12 02. Swiss cables 5 48. checks 6 Sn ; guilder cables M. - " . that ,rpN sustained fPRSS stokffofm cables 21 90. checkS I severe losses, amounting to fully 33 to U SO ' Christians cables 17 in. checks ' 03 points. 1730 : Copenhagen cables 16 90. checks Mch of the selling was for stop loss 16.80. nCCOlini. lnillliwi ".' ilimr liivunuuur for clearing wentner in tne ocu. mm, with Jlanchester selling and the Turkish situation, accounted for Liverpool's weakness.- Local covering and a little buying of July by spot people furnished the onlv early support here. Cotton receipts nt the ports for tho dav are estimated at 5000 bales, against 3975 bales same time las.t week nnd 23,484 bales last year. 11 so Trev. clo Openlnic July S7 rtS 37 38 oSt; 8.1 23 ar, oo Dec 3-0.1 S3 78 Jan 83.41 33 0.1 March ... 32 85 32.85 GRAIN MARKET Chicago, .Tune 21. Heavy realizing caused n reaction in corn today after tho market had been established at new high ratea for the season. The start was easier under scattered selling by commission houses, but the undertone soon developed pronounced strength on vigorous buying. Tills included covering by shorts and purchasing by commission concerns and local reports, Induced by lighter re ceipts than had been expected and firm ness in the cash article. At the top the offerings became larger, following statements that the railroads were making strenuous efforts to bring about n heavier movement in grains. Some officinls predicted In creased nrt'vals shortly. Crop nnd weather news was favorable. Stocks in the country are declnred to be large but supplies at terminnl points are small ns the result of Inadequate car facilities. Railroad labor troubje at Baltimore and Philadelphia helped the bears. There was evidence of a moderate ex port demand for rye. Oats nleo sagged, after having turned stronger in the initial dealings. Sep tember touched a new high rerord. The upturn wns checked by considerable profit taking. Crop nnd weather news generally was favorable. Receipts were small. The cash article was favorable. Leading futures runa-ed fts follows: (Chic time) Corn (new delivery) 10.8O Bat. Open HUrh Low 10-30 a. m. July .... 180T4 183 1 SOS 183 1.81H l.ll 71 VALLEY FORGE PLANS FOR MEMORIAL MADE Women's Committee of 100 Will Hold Fetes and Fairs to Raise Funds Is quoted at 4si rates, short bills, nt , three months' bills, 6 11-16 l.OMinv Money per i em. Mseount fii5 inrii per t en' DANK CLEARINGS Punk rlearlnes today compared with cor rupiindins da last two years inoft 1010 1018 Doton $4.0R3".1!T J50 43l.lrt.1 143.ti4D.42T P tlm'e 18.771097 13 73fl.flRl .Vaii'nri Ihi'B . . . 81 7.K1 702 r.n.2rt4 7h4 .2?'25i-2To V V . MI0 174 1KI -2 831 08 401.084.618 LIVESTOCK QUOTATIONS thlciijro. June -M - CATTLK necelpts. 2n nno head Hent beef steers eteady, com i...n nnd medium, 2.1c to 40c lower: bu k. lian HI 50. best "she ' stock steady, otn- err. 2,1c to 4UC lower fin" " i?'"" 2.V Inner, stockera and leeaen V".J2H" Kor.no heart. Kfi 1(1 &.-. 70 S.1 .70-1. 4fli..'1."' ..: i-,-. h....r varies off leant 01(10 111.00 01.004-. 00 Ton SI.i'to- bulk' UrM and llfht butchers - .... . . in ir i m ... ....ii. 'I'M. riunn iu 114 31 IT 1.1 3.1. pigs 2Ro lower. ft ..n.t.n .n..uim. ir. noil head half direct to packers slow, steady, neat native, lambs. $1(1. western lambs held Burner wood yeirllngs. 12: choice owes, jn.io7. to Active. f ul d over. About 1'lttsl.nrah. June 21 -ATTLRIlecelpta. 2300 head Lower Steers. J "5J ij helfera, 112r.013 50. cows 010 50. rale receipts 3000 head. Top. yj. Steady hnvv vorkers, llrt '.MW (1000 head h.avv vorke 114 7.'i'& in 2.1. Pls. 114 irons tlrcelntfl Heavies Il,1fflln50 10 15 light yorkere SHEEP AND IMUS Jlecelpta 4000 head. Steady Too aheep. 10.50. top lambs, $10. K,st Iluffalo. N. Y.. June 21 CATTLK Receipts, 4500 head Dry fed. l2.1c hlaher (crass 2.1050c lower. Shlpplnr steers iff I nortUT 50 butcher, JI2W 1.1 50 vearllnss, IIRftlT: heifers 9 14 50 rows 14011 SO- bulls, JTW11 stockers and feed er jfiflin fresh cows and "Printers, 5g l.in Calves receipts. 3000 head. Id 1IOOS Receipts 10 inn head Strnnu to ,10c higher. Heaw 1 2.1in 10; mixed. IlflSO. yorkers llflftOfTlflOO light ork ers JlSROeiflSO, nlrs, ir, .10 rough", 112 T.1W13, staas, IRW10. RHEKP AND LAMBS Receipts 2S0O head. Slow, ,10c. II lower Lambs, J12W Sept ... ,im 1.73V4 1.70K 1.73 Oats July ... 1 051 l.ild 1.04H 1 05S 1.03 R.nl GAlI tlU QUI! Ql! ST Pork 84 40 34 8.1 30 60 87 30 25 July 8ept l.aro July . . 20 70 Sept 21 05 Ribs July ... 18 SO Bert 19.80 Hid tAsked 34 40 30 2.1 34 70 f84 60 30 35 30,35 20 7,1 20.70 t20 72 120.80 21 72 21 65 21.70 21.TS 18 4.1 18 30 18 42 tlSv4 10 42 10.30 tlO 40 U0.45 The women's committee of one hun dred ,of the Valley Forge Historical Society will begin work this week in the interests of the project to raise funds for the completion of the "Wash ington memorial at Valley Forge. A series of neighborhood meetings, fairs, lawn fetes and other events will be held In Oermantown. Chestiiut Hill, Frankford, along Old York road nnd In towns on the Slain T.ine and in the Schuylkill Valley. Many of the events will bo conducted by lending society women. Mr. and Mrs. John Rioren, of Devon, will entertain at their homo June 20 at 4 p. m. an informal gathering of patriotic women. Mrs. David Reeves, of Phoenxville, assisted by Miss May Reeves. Mrs. L. O. Emery and Mrs. II. C. Harjes, Jr., will give n garden party in Phoenxville Park. Phocnixville. this evening. Mem bers of the Valley Forge committee of Phoenlxville will serve lemonade, cake and candy from booths. The proceeds will go townrd the memorinl fund. The Rev. Dr. W. "Herbert Rurli will de liver an address on "The Purpose of the valley torge .Memorial." Miss Anno Rancroft Coushalne. di rector of the campaign, announced yen- terday that Mrs. .Samuel Rrown, of llnvcrford. had agreed to serve as chair man of n llnvcrford committee of ten. Knch member of this committee will recruit five assistants to work In th Havcrford district. MINE B0ARDT0 ORGANIZE Nell J. Ferry Goes to Washington to Meet Other Experts Haileton, Pat.. June 21. Xeil J Ferry, of McAdoo. member of the In ternational executive board of the United Mine Workers, has gone to Washington to attend thp organization of the commission named recently by President Wilson to settle the anthra cite wage deadlock. Mr. Ferry is a member of the body and wns accompanied by the three dis trict presidents, who will iniet with the statisticians of the union In the capital In preparation for the hearings. To Help Brokers Prepare Tax Forms A deputy from the office of the col lector of Internal revenue will sit nt the office of the secretary of the stock -ox-change on Thursday, June 24, between 8:30 and 3 p m. to assist the members of the exchange In properly preparing their forms of special uix aa brokers for tho period commencing- July 1, 1920. IT. .10. veerlfnfis Hln wethers 1,8.50; Dallas wu. 43G8 salMi thats. ISQS.iQ. Reserve Banks' Discount Rates Official rediscount rates nt the twelve Federal Reserve banks are as follows: Treai, Lib Com'l llkra. ctra, Jiondi Paper Accept. RW 8 T 6 nH 0 T 6 ?AH nU a nvj fi'i rH a s 5H nn n n fsvl a t o 5 '4 is '4 (I 514 .114 a. fltt 5H ftl e) - 4 OH rtoaton . New Vorlc . Philadelphia Cleveland . Richmond . Allan'a . . Chleigo Et. IHils . Minneapolis .'HH B r. -- 'T-V-V ..'1. -H. FEATURE ON CURB . iigfefcnj Stock Under Pros3uro In Early Trading Rallies Dur ing Afternoon New York, Juno 21.Gerlern1 As phalt conimuea ono ot me mi vh ; Inent features on tho Uroad street curb, being under pressure In the early trail ing and declining from 74 to 73, fol Iowl by n rally tn tho afternoon. Other oil stocks were gtneraly firm, with n good deal of interest attached to the trading In Mexlcnn Pnnuco. Slmms was firm, selling nt 18V. Inter national Petroleum was steady, m" yielded from 34 to 34 during ho forenoon, recovering Us loss Inter in me 'n'- . . .... ML Imperial Tobacco advanced irom "73 a (i7Z United Retail Candy sold at 14. North American Pulp ;"' scelllng nt 0. Indian Packing " traded in at 8-74. INDUSTMALS Acme Coat candy . . . Oeneral Asphalt Amer 1:30 " fC P-H Hi Ht net a 22'4 :: 2H H - 2W 2W 2tt : 2-2 m? aa ..182 181 182 ! 2H ?H ?H Ik lfc 1-4 2H " 118 . 11?., i qua ai-r "t,S "iil 2 1 :'.'.'.'.'.'. 14H 1H H SNDENT OILS 33 S3 11 1 2' Is 17J 17 2S 2U 2H 2? 2)4 2H . ... 204 20H 20 ::::::::: 3 ' 3! "I" ill! 28 20 20 ::::::::: "h ::::::::: 3 5 M . 31 31 01 , , 82; 82i 32J4 2fc SJi fc : 'k T 1 18'4 1SH 18U 9H 9Yt VJk 18H 18 4A 46 20 20 3 8. HH 14H 32H 32 Hercules Paper Imperial Tobacco . Indian Packln .. . Keystone Solether . Llamsr Coal lluddy Bud .......... Quanta Sugar uoodyear T North Amer raixr Perfection Tlra .... uaaio v.om '.7 Radio com pt j-n finger silt - !.",, u h man Bpeca tooi u 0 oteam United net Candy 1NDEP1 Allle.1 CM1 83 Bl Heart " uoone 011 Sr Boston Mexico , Boston Wyomln ..il Carlb Syn,. l' l-naden Jb rn It cuahlna Tela I) TlAmlnlAn Oil 1UH Duqueana J,l Rnslneers l'etroi Federal Oil Qlenrock UU ... aoftoy Qlllesple Huason uu int Petrol Kay county uas Klnc Petroleum Lone Star Gas . Mexican Pan ... Mexico Oil Morten Pet .... North Amer oil Ohio Fuel Okla Nat Oas Omar Oil Producara A Refiners Red Bock Oil Plmrna Pet Rkellv Oil Superior Oil IB., Tna Ttanmr v Texas Pac Coal (full paid) 40 Tropical Oil 20 Un Texas Oil Victoria Oil new 1H Vulcan Oil 3 Hoy de France ;4 nttabursh Oil 14 Jl Hoy Dutch rta 32H MIN1.NO stocks Alaskn-Brlt Columbia .... IrV llanta . 14 Belcher Divide 4 Belcher Extension - 5 lilt Ledge A Booth ' Boston A Montana 70 Caled Mlnlnx 20 Cnlumet A Jercms H Canada Copper Jrt 25 80H 60 1H H 25 8 1 1H N Cnndelarla Mlnlne Carson If 111 Cortex Silver Creseon Gold Crescent MacNaman Divide r'xtenslon ... Kureka Croesua Eureka Holly Golden Gnte Exp ... Oold Cons 0old Development . Oold Kewanaa Gold Mercer fJnlrt Silver Pick OnM 7jin lfi Great Bend 1H Emma Sliver 8 Ilecla Mlnlnr 4rV Iron Blossom ft Jumbo Estenalon n Knox Divide 0 Iiulslana Co H MarNamsra rV Marsh Mining- 15 Mother Lode BT Mother Lode new .. ,..... 5 Murray Mor 77 Nlplsiins- 0, Ophlr Silver ijt Prince Con i nex Cons .J Rochester Mines 11 Itrrpe Group rV Pan Tov J Silver Kin Divide 3 S Sliver Iad Purees Mlnlnr ., 4 Tononah Caah Boy a Tnnopah Divide Tonopah Fxtenslon In Tonopah-JIm Butler 14 ronopan Aiiaway Tonopah Mlnlnr 1V Tonopah Mltpah 20 Tonopah Montana 12 Tonnpah Raecue Eula .... 14 t' S Cont J , T'ntted Eastern JrV Vlrtorv. J . Wen- End C IrV White Caps 11 White Capa Ext 2 Wllbert J Yerrlnston 8 BONDS 71W '24 02H , 0BK 1 m 4 5 H 5 09 25 H irt 2.1 30 5 li H 24 ", J4 4 8 1 1W 7 10 J" : a 15 BT 5i 77 H H 7 11 4A 13 4 A 1A, 1H 14 5 1A in 12 14 S ? 14 11 o 5 3 1 m 4 3 ., A0 23 H a 30 BP m 24 . H 4 8 1 T IS 8H A n A 4 A 15 BT 5 TT 0 tV T 11 4A 3 '4 4 A J B 1A in 12 14 8 SA T 1H 11 2 B a Allied Tack Amer Tel s of rni a n v is. D A H Ts Sinclair TVis 70 Tl 02S 02H 0H OOH PBn PB'i BBH 87'i 87 BT't LOCAL MINING. STOCK8 TONOPAH STOCKS Bid Asked 03 ,0T c.iH rtov Tim nntler 14 MacNamara MaoNamara Crea rV Midway 01 Mlzpah Ext 10 Montana ....- 10 North Star 0.1 Ileecue Eula 14 Tnnopah Ext I A West End 1H West Tonopah 03 DIVIDE STOCKS Allied Dlv Ot Alto Dlv 01 Belcher 03 Belcher Ex 04 Ben Hur 01 llroush Dlv 07 Divide Ext 21 Dlv Synd 01 Dlv .Con 02 Dividend 04 Knst Dlv 01 Harmlll 47 Hashrnurk Dlv 01 lllfh Dlv 01 Revert Dlv (14 Iteno Dlv 01 6A ViiocUcq., &1 BUTTER, EGGS AND CHEESE INrw lork. June 21 BUTTER firm Re ceipts 8157 t'ib Creamery, higher than ,,r,,.i1.V.?!,l'e. creamery, extras (02 corai, Den;). e nrats ism to ai senrej. naJ 57c. pa-.cing aiock current make No. 2, 41c KGOS Irrerular Recelpta, 28.584 rases. Storage-packed extra firsts, 474Sc firsts 444HVo freh-athered extra (Irate, 45 47ttc flrita. 4'Jfff.W. atele Ii.nnkvl.Mnl. and nearby western hennory whites, firsts to extras 4T5o. stale, Pennsylvania and nearby hennerv browns, extras, ftOOSle, do, gathered browns and mixed colors, flrsla to extras 420 40c, CHECH!-; nrm llecelpii. 140.1 bosea. Slate, whole milk, flats, current make, white and colored, apetlala. 2AQ20HC, do, average run 25Hcs state, whole milk, twins, held, white and colored, specials 27H028HCi do, current rofke, 202Hci do, average run, 251 0. - Rnsetto Silver Klntt . . , Tononah Dlv . Victory Divide Tonopah Haahrouck Verde Divide. Zono GOLDFIELD STOCKS Atlanta nine uu Booth c, o d Comb Frao rrtckerlark Dlamf 11 B Daisy Florence Goldflnld Con Ooldfleld Merger Gold Dev Oreat Bend Jumbo Exf Kewanas Lone Star Orn Red Hills Silver Pick spearhead MISCELLANEOUS .01 .0 14 .on 0.1 .02 .13 01 .01 .04 .02 .02 .on .01 .01 .20 ,nn 01 .no .01 .0.1 .01 .OS, .01 .02 .07 .02 There Are Several Good Banks in Philadelphia So many, in fact, that it is quite impossible to judge any one as the best. Our solicitation is: A complete, modern and efficient banking service; business advice of officers and directors; courteousness always; convenient location and any other detail in volved in the proper direction of a banking house. Our aim is satisfaction. " Why Look Further? Open an Account Today Third National Bank In the (Center of Things Opposite Broad Street Station fwnnwi pii.iimiKXKyfl. . X INIUII wmmmmmmw Pulp . Ptiper and Canada The Eyes of the World and particularly the world's newspapers are upon Canada and its pulp and paper .resources. We are pleased to hare bean associated with the financial derelopment of Canada's pulp and paper industry since its inception. If you would like to know something about the profit able inTestxnents still to be made in it write for a copy of ths special American edition of Iwettment Recom mendations. It will certainly interest you. Address: AOENCVOr Royal Securities X CORPORATION . (CANADA) . LIMITED 165 BROADWAY - NEW YORK MtililllKattBaaai Amparn Arizona United Eden Mother Lode ... Neada Hill .. Nevada lland Wllbert ... Nevada Wder Tecopa Mining . White Caps . . , .10 i .57 .02 A .o .OT .10 .18 H .21 .15 .07 .1C lft 1U .05 .02 .04 .04 ,oo .02 .00 .20 .0 .05 .06 .03 .53 .03 .03 .08 .03 .03 .03 1U .Oe .08 .04 .17 .02 .02 .08 .08 .03 .11 .02 .03 .25 .11 .02 $ .07 ,2 ,08 .02 .03 .OR .04 i ,8(1 .04 li .00 U .00 .12 We specialize in Liberty Bonds all issues bought or sold. GE035KENDRICK3irJ5'CQ .. .mmw aa k -w .ar 1431 WALT4U1 Ol. Members Nev York nnd rhlla Uelpfila Stock Exchanges Wff PHlLADELPHIAa Krjetone Kaee lilt 8410 Dividends mini: hill and sriirvi.Kii.L haven ItAn.ltOAD COMPANY "' 110 South Fourth street. Philadelphia. Sixth Month 21s', 1020 A dividend of 3 per rent (S1.50 per shard has this dav been declared, payable on Mtenth Month. IBth, 1020. to stockholder, of record at 2 p m. on the 25th Inst The trsr.efer bonks, rloelnr on the 25th lIVu" ,yil.open l a' m- on Sventh Month IDtn, 11)20. Checks will be mailed. WILLIAM BIDDLE. Triurr. EJIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIllllllllllllllllMIIIIIIUIMIIII"1 Tax Refund Blanks We have in our statistical files forms for applying for the refund of the Pennsylvania State Tax of ioit mills (Personal Property Tax) covering over 100 differ ent bond iBues where the issuing corporation has agreed to refund, this tax when paid by a resident of Pennsyl vania. We will be glad to supply these forms upon request or to advise concerning Tax status of your bonds. West & Co. 1417 CHESTNUT STREET Member Pfew VorU StotW Kxthang rhllggelphla Stock Kxrhang , Alwgye Hure on Hand a Mat of High flrada Boom . CorrMponoJenM Invlttd TJlllllllllllllllllllllllllllllllll lii.iiiiiim,mli.il(..miMllllllllllll"i!HUiii u ft id h J I ,'? i 1 V v 1 fr 4 tu ira.1' , J&k ai4, iWi&i h. .- ft , .if --.. t. ..,.,! r-t i-JUilJ? i.' .vi .ttL.
Significant historical Pennsylvania newspapers