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nJ
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Canadian
Fundamental
Industries
The world must
have Canada's pulp
and paper. The de
mand for It is basic
and growing.
If you wqh to know
how attractive to
American Investors,
investment oppor
tunities are In Cana
dian pulp and paper
Corporation Bonds
and Debentures,
write us and we will
send you a list of at
tractive offerings.
83.
Eoyal Securities
N 'corporation
(CAMAS)
L. I M I T E D.
N.wYork
runnAKUmnbn
RAILS MAINTAINED
Easlor Moneey Rates Onve First
impetus to General Buying
Movement
l
Free of" Pennsylvania
Stale Tax
Exempt From
Federal Income Tux
$300,000
New Castle, Penna.
5V School District
Bonds
Maturing Serially
Assets)
Valuation .... $27,317,000
Nat Debt 673,977
Population, estimated, 45,000
Prices to Yield 5.05 to 5.10
fifcAZIERG-Ga
BROAD AND SANSOM ATS.
PHILADELPHIA
We ITare Orders in the Following
Tax Free Utility Bonds
Scranton Electric 5s, 1937
Duquesne Lt. Gs, 1949
Penna. Water & Pr. 5s, 1940
West Pcnn Pr. 5s, 1946
West Penn Pr. 6s. 1958
Penn Pub. Serv. 5s. 1962
Penna. Utilities 5s, 1946
Phlla. Rap. Trans. Eq. 3s, Various
Luzerne Co. G. & E. 5s, 1948
No. Umberland Co. G.& E. 5s,1946
U
Acme Tea 1st Pref.
Amcr. Stores 1st Pref.
E. G. Budd Mfg. Pref.
BOENNING, GARRISON & CO.
stock icxcrtANOE nurr.Drwa
Direct Private Telephone to New York
Member Phlla. Stock KxehaBs
WE RECOMMEND
Buffalo, Rochester & Pitts. Rwy.
Cons. 4"js, Due May 1, 1957
Price at Market to Yield 5.90
Penna. Tax Free
Buffalo & Susquehanna Railroad
First Mortu. 4s, Due Dec 1, 1963
Price at Market to Yield 6.05
Penna, Tax Free
New Orleans & Northeast'n R. R.
Refunding & Improvement 4 54 a
Due Jan. 1, 1952. Yield 6J50
N. Y., N. Haven & Hartford R. R.
Debenture 4s, Due April 1, 1922
Price at Market to Yield 20
ISAAC STARR, JR., & CO.
Member rtillydrlphli Stock Kicbenie
Bilu ...i" " ".. ..VUBIII.B
Bpruee 383
rnii.nKi.i'iiiA
nnr isa
New York, Sept 2.-Tho forward
movement in the railroad shores rained
additional momentum In today's stock
market carrying both the Investment
ana lower priced issues Into hlfb
iround. A noUble feature attending
the trading in the more speculative
VmMd' $' dence oflrVnewed
speculative combinations who recently
made aggressive exploitations In a
!i,.?r.0'..hc5e.-?h"re.a The bndth
ni ?trntn t the rail movement was
"...inea. io carry the industrial dlvi.
stun up alone with ih.- -1.1-- .i.
"? II"' seml-buoyant aspect!
Efforts on the part of those pledged
MrfCK.0n,tnKCtiTe,lride were materially
aided by much easier conditions In the
money market. Call renewal rate wis
was apparently so plentiful as to per
mlt a reduction In the demand loan rate
-ivte-i"!' M.ot .mii'- This al'ne
save fresh Impetus to the upward awing
i.Ui P,e holiJn? hd it had been
Stir "oiy. UPPS1 " would again be
h.iT.-1 ii. i .? csPT3a,v. as it was
be eved that the rejuvenation nf th.
resMnHinU,Id Dccwsrly bring a cor
ESSfe-iX,!,. "p,n!10.? . market
M.w.i. IC "um w, ,0lln crowa.
.much the same as in the preceding
sessions, tho nniirfi-. - .I.p.ST?,nS
IwpJrrl'T "" move.ment was seemlnk
1?' n upon Its own momentum,
'lil .B..MhVe.bir ttrac"n increas
,ing outside Interest, which was reflect-
l-i-J0 ,th.e. deWf dly appreciable expan
wi.ii .u? wralmssion house business.
M pile Uie latter ran more to the lower
priced or speculaUve issues, yet ac
cording to the board reports there was
every evidence of venuln M.iim. i.
, vestmen buying of the standard shares,
i. A" advance of 2 points nt tho outset
u "iS iw prcierrea pointed not only
to the continuance of the hmmi hi,.tn
movement but also reflected the extent
t iu widcPln' Iu'ere in thit quarter
... .u; luurnri. iS me morning pro
IRresed the rails assumed a more com
manding position than noted In the two
preceding dnys, and at intervals dur
ling the morning the trading represented
iuny Dine-ienins oi me Dusiness. The
broadening demand embraced the
grangers colars and tho cotton carrier,
hitherto Ignored in the movement.
Atchison preferred gained 2 points.
New York, Chicago and St. Louis sec
ond preferred and Delaware and Hud
son, three, while Southern Railway
preferred, Minneapolis and St. Louis.
New Orleans, Texas and Mexico and
Norfolk and Southern gained 1 to 2
points.
The stronger utilities were represent
ed by Peoples Jas at a point advance
and oils, motors, sugars and textiles
wer3 substantially higher, but the de
mand for tecls and equipment, asldf.
from a 3. point rise in Crucible, was
neril-ible. Recent leaders such as Re-
S logic, Vanadium, Bethlehem and U. S.
teels became more active at midday,
gaining 1 to 2 points. Rails were lesn
prominent, but yielded none of their
advance.
TRADING BROADER
IN LOCAL STOCKS
Storage Battery Was Star At
traction, but Improvement
Was Progressive
Tennessee Power Co.
Firet Mortgago S, 1962
Portland Rwy., Lt. &
Pow. Co.
1st & R.f. 8
Due 1942
&UJ..ftr.teo.
DANKEHS
321 Cheitnut St., Philadelphia
ilMterre Nno York and eMlaitlrtua
Sloth Jf.euM
Electric Storage Battery was the star
attraction of the local market making
another spirited rise of 52.50 to 12T.
There was, however, a decided broad
ening of the dealings In all parts of the
list with material expansion In the
volume of business. This was accom
panied by almoxt a general upmarklne,
of prices reflecting a much more confi
dent feeling in all quarters of the finan
cial district.
Recent quiet odd lot buying left its
impression In the conspicuous scant
supply which was uncovered by th
Increasing number of buying orders.
This was especially demonstrated In the
case of Electric Storage Battery, al
though the buying of that stock had an
additional incentive In unofficial reports
! of some further favorable news for the
holders of that stock In a line of dis
tribution of the big profits the cornpan)
is making.
The continued firmness of Pennsyl
vania Railroad was another outstanding
feature, with that favorite crossing 42.
There was continued good buying of
Lehigh Valley, which also broke Into
new high ground. Such Inactive stocks
as Eiscnlohr and United Railroads of
New Jersey reflected tho reawakening
of investment Interest, these Issues
making gains of a point and 1 points
respectively.
Steadiness marked the movement also
of American Stores, U. G. I. and Amer
ican Gas. The only laiRards were the
traction shares and Philadelphia Elec
tric. The street did not take very kind
ly to Mr. Mitten's zone scheme, believ
ing It was impracticable within the city
limits. Philadelphia Electric was a
shade easier.
EXPERIENCED
BOND TRADER
is open for a position with
a stock or bond house.
B 315, Leader Office.
Philadelphia Stocks
BOND SALESMEN
An li! eetnbllihed Hanklnr Home, I
member of Hie ew Vnrk Work K-'
ehanse, ran uee the eei-Tlree of one or
two additional enleimen. Kepl-r n
confldenre. II 31, Ledcer Offlee,
1.39 Net
lllrh low p. m. che.
310 Am Strs.. 45Vi 45V1 WA . .
10 Am Gas.. 31V4 31 31..
BOtB & O pf 52 52 52
1035 Elec Storl25. 123 125 2
284 I Co N A 28 27 27
1000 Lake Sup 11 11 11
160 Leh Val.. 47 40 47 -f-
13 O Eisen-
lohr ... 1- 01H 11
338 Penna RR 42 41 42
CHANDLER &gbMBW
Franklin Bank Bid.
Philadelphia
HewTerk
lleeUn
IV) Phila Ins
Wire ... 51
225 I'hllaEleo 22
130 Phils KT 14
lOrhlta &
West pf 27
13tUeading. 03
800TonoMln 1
142 tin Trac. 24
310 U O I... 40
10 Unl Os
N J ...100
20tU8Steel 80
200tVazasb.. 10
01 Vj 01.
21 22 -14
14-
27
03
1
24
40
27..
03 -t-
SHaiJt
104 100 4-1
80 804-
10 10 1
tNet ehenre mde by eompirleon with lu!
ale on New Tork Stock Kxchance,
8 ilea In
JJOOO
IIONDS
WK ARK farnilns an Auto Klnanr
Ina. t'oinpiiiir, and nerd a man
who iindrretunda llanklnr to art aa
l-rreiurni. .na uni wuo unaereianaa
Ineurante Iluilnrae to net aa Herre-
Irfrtlr eonfldrntlal, Addree
Treaeurer. . . All repliea
irnuai, Aaaree
U SIS, tilfer Offlee.
U. I L Pklladflphla
Nlt
ftiiuktah remnstif
Hani, i oiiimu'isi w riivrn
. BAMIIKI. B4.. I'rill.
(a Ji . ..i SUMP e -"- ".. .""J --.I-
Hi V.V f Ms bH II1 rtilineeiiiiii!
-i. TJ1
Qeetrle Cetnpaor... , lBJt
rr Uaaread 'lie t.'. 1M
B.Fuel Coll. Trait.. ., lutM
lahurban (iai Klee... fl,.' luno
Rlertrle CanBanr. .. Inia
L'ellat. Truet.. a., tmn
IOJo
.JL' "-.l.
r.. nt iiibifirn tm uu.
flillnliellihfa, Staek Tt..i,
has .jutaxfv?f fcv.
rvm i..m4. v. ...
ante
lll.h
11 City 4s 1040 87
0 Klec l'eo
Tr 4s ...
0 Leh Val 0s.
14 Lib Bonds
2d 4s..
1 1-20 3d 4 s.
0 4tn -i'is
52
00
tow
7
52
00
1.30
P8T
Net
chsa.
00 -
85.10 85.10 85.10
HS..SU H8..10 88
85.38 85.30 85
.104-. 00
.304-. 42
.30. 40
1 Vic N 4s. 05.48 05.48 05.48 .00
1 Phlla Elfc
8.
1st 5s.... 80
3 Bead's g 4s 60
our
80
DAR SILVER
Br silver wa T4d higher In Lon
don today, at 81 Hd.
NEW YORKJSTOCK EXCHANGE 'mANSACTiONS
'" ' '' " U Ml I ' , 1 .III I i
K'lee
ID
iaaf
lea
1M
10
4SS
M
T aw
It
1M
Itt
Jos
24
loss
tM
ltM
lav
IS
lttf
IMS
its
4M
lass
its
400
IS
St
SIM
Me
1M
ISS
ft)
I. 1 n,h
.. Adams KxprtSa. . , . . UK
f. -Advance Rumely 1J4
' l"-4 oia Mines. ... 1 W
.. Alaska June o M... 1J4
: A!!?lmra k
T Anis-Chalmera pf 71
Am Aarlo Chem 7S
10 Am nosch Magneto... M
.. Am Can Ml.
t Am Can of save
IS Am Car W-r Ulft
Am Cotton Oil M
nt Am Drur 8yn le
s Am Express nr
. . Am Hide A. leather.. IJJt
7 Am Hide A Leath pf, , 74 it
Am Inter Corn 71H
Am IJOOrrjotlva H
.. Am Safety Raaor.... 1SH
.. Am Ship Com 2ij4
Am Bmelt Ttef 17
Am Smelt See A 1U
IS Am Snuff ,...lt
Am Steal Foundries... 87V4
7 Am Steel Fdyi, pf. . . . SIH
7 Am Sugar rtef 11
1" Am Rumatra Tib.... s
a Am Tel A Tel B7H
so Am Tobacco tNH
Am Toh pf nerr MM
0 Am Tobacco 0 11SJ
7 Am Woolen ,.,,. t
. . Am Writing Paper vt . H
.. Am 2lno Lead A Smlt. H
4 Anaconda Copper.,.. It
Atch Top A Santa, fa. MH
. . Atlanta Blr A Atlaatlo
7 Atlantic Coast Una... MM
. . AtlanUo Prult........ IsH
1o i n.iie a. rtr m n .....
f!J Baldwin Txxjomotlre, !lK
i. uaito onio , 4tH
4 naltlmore A Ohio pf . . S3
. Harnda! CJaastJ.... M
5 Barrett 1st
3:80 Net
Tx)W WTTtm) Cha.
Sift JJ.i4- U
31
in ..
ilH
rVs IK
71
78K-H
M 1
4U ..
Mk M
!!( IK
u
! ..
U7
1M
kaa
OS)
lie
IN
Is
1M
aes
lCSSJ
100
19R
ISO
800
soa
30S
sen
aao
sis
100
70
asos
KAO
400
00
so
too
laoo
7000
saso
75M
100
S7M
lion
eso
atss
M0
aoo
100
so
700
100
000
100
SOS
340
3100
400
200
100
700
K
7TK
K
SH
41
?K
. . Batnpilas Mlnln. ..
.. Bethlehem Motors.,..
Bethlehem Steel B....
.. Brklyn Rapid Transit.
. . Btklvn It t ctfs of dep
7 Bull A Susq pt etfa. . .
. Butte Conner A Zlne. .
. . Butte A Superior Con.
.. Caddo Cent O AH.... 14H
Cnllfomla Tacking... SM
.. California retroleum.. 77J4
10 Canad'an Pacific... .113
0 Central leather...... M
7 Central Leather nf. .. SS
4 Cerro de Pasco -Cop.. SH
10 Chandler Motors 8SJ4
4 Chesa A Ohio UTi
. . Chi A E III Eq T ctfs. 11J4
.. Chlcaro A Iton 11
.. CM A E III pf ctfs... Ul
... Chlcag-o & at West.. 14
Chlcaro A Ot West pf. 77
8 Chicago Northwestern 7V4
.. inicafc-o Mil & st P.. 3SH
.. cm sin a st P pf. ..
8 Chi St PMInn AO...
.. Chi R I A Pao ,
0 Chi n I A Pao pf
7 Chi B I A Pac 7 pf,
.. Chile Copper ,
l.so Chlno Copper
.. Clev Cln Chi A St t,
8 C!ev Cln Chi A St I. pf 87
4 Coca-Cola
8 Colorado Fuel A Iron. 38
.. Col Fuel A Iron pf . . . 87H
.. Cot A Southern , ' J
5 Columb Gas A KJec... .11
1 Col draphaphone 78 M
7 Consolidated Clsur... 78J4
7 Consolidated Oaa ASK
X Con Interstate Cal M. ltl(
S Consolidated Textile. 70 H
8H
84
38K
.a
15
7dH
as
1 Continental Candy.
4 Corn Products nef.
laOO s.ao Cosden A Co.
"K
. 88J4
. 38J
.133
. 3SU
H
3800 s Crucible Steel.,
1300 ,, Cuban Cane Sugar.
1300 i Cuban Amer Suxar.
100 a Delaware A Hudson.. 100
100 io Del Lack A Wentera. .211
3800 .. Denver A nio Grande. H
8000 .. Denver A Rio O pf... laK
180 g Detroit Edison 83
200 1 Dome Mines 11JS
300 . . Duluth So S A At IM
148 . . Duluth So S A At pf . . H
310 .. Elk Horn Coal 23
890 7 Endlcott-Johnaon pf.. H
8400 .. Erie IS
aoo .. Erie 1st pf 33K
3400 .. Erie Id pf 18
1700 8 Famous Players L. . . . 7
200 s Flak Rubber 38
400 .. Freeport Texas 31
300 a General Chemical 1SH
100 s General Cigar 83
100 s General Electric 143 J$
asno i General Motors HV4
100 a General Motors pf. ... 73J4
300 a Gen Motors Deb 8. 88
800 7 Gen Motors Deb 7.. BO
700 Goodrich B F H
100 .. Gray Davi 18V4
400 .. Granby ConsoIM A M. 38J4
8000 7 Great Northern pf.... 70
1400 4 Gt North Ore ctfs.... 33
100 so Green Cananea Cop. . . 28
300 . Guantnnamo 8ug Co.. 10
300 .. Gulf Mobile A North.. 13 V.
100 . . Gulf Mobile A Nor Pf . 30
300 4 Haskell A Barker Car 8BH
10O l Hupp Motor Co 18
100 ., Hendee ctfs 24
100 7 Illinois Central 88
too so Indnhoma Ref 7
100 .. India Ref 20
800 .. Int Con Corp 3
000 .. Inter Con Corppf.... HJ4
1800 4 Inspiration Con Cop.. 47
300 .. Int Mer Marina 14
300 a int Mer Marine pf... ''.
1300 .. International Nickel.. 18
200 . . International Paper. . . 78
too . . Invlnctnbla Oil Corp. . 3S
31
1W
1
am
71
78
'83
a 14
88 K
las
35
18
187
18
"
70
84
UK
at
88
73
lta
K
88
istK
S3
Its
MK
ll
78
M
UK
3
84
7H
83
18
las
07
43
81
as
188
H
8
78K
ISH
SK
48
1
It
14
88
33
131
13
88
38K
83
sh
"K
10M
UK
8K
3
73
37W
84
38
88J4
77K
14
37K
K
"4
S4K
38
7
78
S3
33
7J
80 K
lt
30
UK
87 K
87 K
8K
3K
43
100
241
07
8
32
81
UK
35
"K
K
38
31
Itt
s
148
38 M
73 K
K
7t4
14
18
31
alK
as
to
lsK
38
8
18
74
88
T
28
3K
10 K
43
24
7
K
71
MK
13 f
74 K
71 M
H 1
l-
34
S8K K
73H
lta
87
83 K
lit -
84 K
87K K
178 K
MK- K
tis K
M IK
si 1
UK- K
3
84H H
7K H
83- M
18K ..
las
108 i
43
3 H
38
138 "
H
78i4"K
ltV IK
8K K
48
7K K
30
14K 1
8SH- K
S8T4 IK
1K- K
S3
SS -
38K 1
8H 3K
IK Hi
UK IK
111
UK1K
8K K
77
K K
38H 1V4
88 IK
4 1
S8M K
7K IK
Jt 4- 3
"K
3K K
873
aK
"
87 yt
20 1
23K H
75 - M
83 Hi
"K
38H 1
iik ..
87K- 1
3K
122W M
31K- K
4K K
loo a
341 4
K K
IS K
s IK
UK ..
5 1
3K IK
H
.. I
K
3S I '
"H Kl
74 3K
38
31 - K
1K 3K
Hi- H
"K- K
K
"K- IK
so
80 H
841
18K- 1
38K IK
78 3
31K ..
3S
K K
134 K
so m
88M ..
1 ..
2 1
881
K K
20
3K K
K 1
47 1
3
K IK
low- K
'3 -
3JK- H
.. Island Oil., ..
.iviron Products
lt
48
'ili,'
,.. 80) .
1 pt., ijuf
s l
t Chera., 78
em pf... 87
A CabU
amp..
JdPf SK
pper.. 10
1 1H
fialta
Mtf
It
.. Xan City Southern... tlK
M JCaoiaa City So pf..., 41
a Kenneoott Copper.... M
30. 1.J0 Keystonei T A R 18K
8 Lackawanna Steel.... HX
.. Laclede Oaa of 8t L.. 87
1M .. Lke Erie A West.... U
8.80 Lehlfh Valley 87
I Loewe Co i. 38)14
. . Loft Corp. ........... U
T Louisville A NashVtmlH
8 MackayvCo pf M
18 Manatl Sugar ,.
a Marln-Priry WKy
.. 4Teii armiort... .
.. Maxwell Mot 1st
Mkv Dent Stores
t Mexican Petroleum... lta
3 Miami Copper........ 18
1.80 Middle States Corp...1
4 Mldvals Steel A Ord.. ate,
Mlnn-A fH Louis...;, 17
7 Minn fit P A St S M. 78 K
. . Mo Kansas A Texas, .
. . Mo Kansas A Texas pf UK
i.. Missouri! Pacing 18)4,
.. Missouri Pacific Pf.... SO
7 Montana Power pf. .. . HK
.. Montrornary Ward... 38)
4 Mulllns Body 88J
, . Nat Aniline A cnera.
7 Nat An ft Chem
. . National Con A
Nat Enam A Stamp..
. . Nat R R of Mex 3d :
1 Nevada Con Copper
New ork Central...,
.. New Tork C A St L... 48
. . N T Chi A St L Id pf .
.. NO Tax A Mex M
.. Naw ork N II A IM
1 New Tork On t AW... 33
.. Norfolk Southern... 34
7 Norfolk A Western... MM
7 North Pacific M
40 Okla Prod A Ref 8
.. Otis Steel 3
a Owens Bottling Maoh. 8.7
4 Paelflc Devel Corp... M
Pan.Amtr Petrol '88
Pan-Amer B 83)
.. Penn Seaboard Steel. . 17
8 Pennsylvania R R.... 43
.. Peoples Gas Chicago. Si
.. Peoria A Eastern It
.. Per Marquette 38
.. PereMarquette pf . . . . 48
8 Pete Mara prior pf . . . M
.. Pettlbne Mlkln Co.. 17
8 Philadelphia Co 87
.. Phillip pet 38
.. Jlerce-Arrow Motor.. 88
.. Plerea OH It
a Pittsburgh Coal 83
.. Pittsburgh A W Va... l
1 Pond Creek Coal 18H
a Pressed Steel Car. . . . 881,
a Pullman Ill
a Punta Alegre Sugar. . . 73
4 Pure Oil Co 88
1 Ray Con Copper 18
4 Reading 84
2 Reading 1st pf H
.. Replo Steel 78
Republlo Iron A Steel. 83
7 Republic Iron A Stl pf B3
.. Republlo Motortruck.. 30
.. Royal DNYH 84
.. St Louis San Fran.... 38
. . St Louis Can Fran pt 41
.. St Louts Southwest.. 28
.. St Louis Southwest pf 3014
.. Saxon Motor H
. . Seaboard Air Line. ... 8K
. . Seaboard Air Line pt. 114
1 Santa Cecelia Sugar.. U
74 Shell Transport 81
.. SlhclalrOlI 81K
8 Southern Paclflo 08K
.. Southern Rail 38
8 Southern Rati pf 83
7 Stand OI of N J pf. , 18S
4 Stewart Warner So'... alVt
Hiromoerg carb ,
7 Studebaker
.. Tehn Cop A Chem..,
8 Texas Co ,
.. Texas ft Pacific ,
80 Texas ft Pao C A O.,
.. Third Avenue ,
.. Times Square Supply
8 Tobacco Product,..,
.. Tol St L West ctfs..,
. . Tol St L West ctfs pf 3.1K
.. Transcontinental Oil.. 13K
a Union Bag A Paper.. 87
.. Union Oil '.7
10 Union Pacific 124
7 United Drug 108
13 United Fruit 184
.. Untied Rwy Invest... 8
.. Unl Rwy Invest pf.. ISM
s united Kelall store.
U 8 Food Product..
8 U S Ind Alcohol
8 U S Rubber
U S Smelt A Ref. . . .
8 U S Steel....
8 Utah Copper.
.. Utah Sec
8 Vanadium Corp...
4 Va. Carolina Chem.
3 Vlvadou Ino, . . . . .
30 Net
Low (NTlm) Ctur.
43
at
It
10S)
Iff
It
IN
18
Its
4ft
40
SOO
1H
atot
at
38
430
3M
loo
30
It
8
St
3t
It
ItO
t
7
81
It
80
100
Silt
sot
100
asso
70
100
atss
10
10
to
30S
188
3888
188
8
180
too
300
10
loo
800
400
ltOOo
300
70
SOO
100
1800
180
700
20
S100
1100
too
4000
110
30
3t
18300
8400
1S1S8
318
SO
70
1880
810
20
38
4700
30
300
20
3100
330
30
1390
300
700
4400
100
100
800
1300
8000
100
400
348
10
llo
100
30
1
M
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ia
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87 K
l K
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80
3K
00)4
83
8
eon
100 4 Va.Carollna Chem.... 88J4
ion s vivaaou ino 14 M
8100 .. Wabash lHi
41M ..WabashptA 38
3000 .. Western Maryland.... UK
1800 .. Weat Maryland 2d pf. 18
400 .. Western Paclflo 31
100 7 Western Union Tel... 8
300 4 Westlnghouhe K AM.. 48
3100 .. Wheeling ft L E 1W
3310 .. Wheeling A LEpf.... 28)4
SO 4 White Motor 41
10 . . Wick Soeno Steel Corp IS
17 1 Willys-Overland 1S
800 .. Wisconsin Central... Jra
300 a Woolworth F W leo
108 Worthlnston PunlD... tU
t Ki-rUhta.
nit
87
1
il2
1
3S
87
85
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IK
30K
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lit
13
38
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78 K
4K
83
37K
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1K
37 K
33H
BK
17
14
51
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tSK
38
14 K
at
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173
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83
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1
NEW YORK BOND SALES
timmmi fMlrMnal TraaMttlons an Weir Tutt Ksaettawf
in " 'i ii n i i I ' 'I' I 1 " i ','"
t BALKS Iff 11001
Troaa OpnUa IJ.tB i"4. K t?CT.TIm)
Antt 8lfr
A TUB' 8
a 74
S::::: U
8...... 74H
10 74H
Amefn Tel '4)
Ttl tn
4 78U
Amefn Tel
Tel 8 '
1 7BH
Anxri'n Tel u
xei
10
1 88H
1...,. 00
8,.. S
1
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l..i.. nu
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8 H
C 0 at
s,.... ttu
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a..... st tt
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I,.... MH
laa nwv pa
CM
a 73U
a T3V4
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I..... St
Pal A N4
t....V,Tf
Dan A.n'O
1. . . . . 84
!,.. 84
10, .... 4
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1"'" ill
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Armear Co p Caa4a '81
n Et 4H l. ..
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81
9
nt i
Commodity Markets
COTTON MARKET
New York, Sept. 2. Reports of
heavy rains in the Mississippi valley
caused a covering movement in cotton
this morning which ran prices up 12
to 48 points on iirst sales. The up
turn met heavy selling, largely from the
South, which caused reactions of 10 to
20 points after the call. ,
Cables were easy and spot news bear
ish. The market appeared to be very
nervous and unsettled, without buying
power, although pressure was not so
aggressive as yesterday,
(N. Y. tlm
Teat. Tona'a 11.30 lag
cleae open a. m.
... 25.C0 L'o.SO 20 30
... 24.17
... 23.88
October
December
January
March . ,
Max ....
July ..,
23. IB
24.40
33 72
33.40
33 23
23.00
24 Sfl
34.12
33.87
33 2
n m.
3d. S3
23 at
24.K0
24.37
24.00
QRAIN MARKET
Chicago, Sept. 2. Trading was nar
row Io the early dealings In wheat to
day, selling by a commission house,
which was presumably for the account
of hedging on cash purchases In the
country, being taken by a moderate for
eign demand and from covering by pit
operators.
December, during the eurlv dealings,
ranged from $2.35 to S2.35, un
changed to c higher, and March at
$2.30 to ?2.30, unchanged to c
higher.
Sentiment In some quarters was im
proved, but there was a tendency to
hesitate because of the downward re
adjustment In many other commodities,
Including the coarse grains. Receipts
were 02 cars.
Corn started c to c net lower,
with September at J1.38 to $1.37,
December nt $1.17 to $1.17, and May
$1.14 to $1.14.
Leading bear continued to sell, bnt
the ujBrket was held in check by scat
tered commission house buying and cov
ering by some of the local operators.
Increasing receipts and declining cash
premiums were factors. The weather
was cool over the belt, but no frosts
were reported. While the crop is a
lat one. the present outlook is for a
litre yield. Receipts were 212 cars.
OaUt were unchanged, but slightly
lower, In sympathy with a decline In
corn. Iiustuess was very small and the
market was featureless.
September ranged from C5e to
C5c, December from VSeOfic,
r
and May from G3c to 08c. Receipts
were 170 cars.
Leadln (uturea rancad aa follows:
(Chlcaa-n time)
Corn (new detlvrr 10-80 Yee.
Open l(lsh low a. tn. cloe
B.pt. ... 1.38 l.eOH 1.87 1.40H l.SSH
Dec. ... 1.17H 1.19H 1.10H 1.1H 1.17
Oata
8pt. ... 83 M 8V BStt SOU 5
Hoc, ... MH 0 08 MS OS"?
i-orx
.2230
.13.43
Sept.
Oct. ..
Lard-
BPt. ,,,1111
Oct. ...13.35
lUbe
Sept. ...IB 00
Oct. ...IB 40
Did. tAaked.
22. SO
28.60
18.44
18.78
15.13
10.02
21.73 :2.S0
32.33 23.50
18.18
18. BO
18.88
16. 00
23.(16
24.40
18.83
18. 07
14.00 13.12 13.00
16.25 tlB.82 1S.82
FOREIGN EXCHANGE
Jfew York. Sept. 2. Opehlng foreign
exchange quotations were Irregular, but
showed an easier tendency. Demand
was off l cent, franc cables Op 1 cent
and lire cables off 1 point. Marka
were unchanged.
Quotations were:
Demand sterling was S.B8, cables
3.66: frano cables .7. checks 8.9S;
lire cables 4.67, checks 4.67; marks
2.02; Swiss cables 16.47, checks 18.41;
Belgian cables 7.40. checks 7.39 ;
peseta cable 14.SJ, checks 14.08;
Stockholm cables 10.20, checks 20.15;
Chrltllanla cables 14.30. check .15;
Copenhagen cable 14.30, check 14.25;
guilder cables 31T4. check 31.
Foreign exchange hild teady through
the Hrst hour of dealings on very re
stricted business. Demand sterling wa
3.86. cables 1.56; frano cables 0.95W,
check 6.14 H! lira cable 4.47, checks
4.80 H : marks 2.02. Argentine wa lower
at 117H.
TKSTEHDAT'B FINAL QUOTATION!)
Btarlln Francs Lire OulMera
remand .... 8.S7H MS 4.60 81.87
CablM 9.87H. -n 3--M
TODAY'S OPENINO QUOTATIONS
Bterltnc Franca Lire Oulld.ra
Demand .... 8.oi O.SO 4.J7 Sj.jB
Cablea 3.B8S4 6.ST 4.07H 31.S7
DIVIDENDS DECUARED
American Bnolt Co.. auarterlr pf 3 per
cent on coramen and 1H per cent on pre
ferred, both payable October 1 to atock of reo.
ord September 10, ,
Dorne-Scrymjer C. annual $20 a ahera.
payable October 15 to atock of record Sep
temUr It. , .
Central Terea Bugsr. ouartefly of 3, par
cent on preferred payable Octoar 1 te
atock ot recM BepUmber 18.
Sauthweat feaa PlP.a Llaaa. joarterly of
43. payable October 1 to atock of record
a.nt.mK.. IH
n,..--..,H.. .V. .......
Wllle-Ovarlana Co., Qoarieny oi iL.it on
temper 18.
ord Sepumoar SO.
land Co-
preferred, payable October 1 to stock of red
per ot on preferred, payable September
to 'stock f raoerd Auauet 31.
MONEY-LENDING RATES
JfKVT TOltK-Money on call, both
cUmi of collateral, opened today at 8
per cent for lending and renewing.
or l!!!'5'r" " WDUla-bo borrower
of time money are confused at Inter,
vals by unfounded reports of loan for
?.!. 0" "CUr""s 'literal at
recessions in rate,. One report In clr-
been loaned for four months at concos-
fi m the rec,nt nominal quoU
lions. These reports could not ha .
bronker.bymla,,e,f hi5Sr
ttnV? kToVncirrhaS
eUt tt d,0LUr on "d thhe Mme
concern, which usually handles trie bilk
of thenoney that Is available, foamed
s e'JLV"011"1 on mixed cSutera?a1
.The buying demand for prime bank
acceptances, as usual after the nratnr
each month, ha. lessenedTbut follSTwni
the window dressing by the savins
banks and other financial Institution?
Ei!"jJr f.c.,,,v1.ti: ,n ftcceptanSe uTx":
pected within the next week or ten day.
Rates are unchanged. .
The situation In mercantile discount
unaltered. .Most of tho bulneI be
ing transacted by the country banks at
a minimum of 8 per cent,
PHILADELPHIA Call. per cenf
time, 0 per cent; commercial paper!
three to lx months, 8 per cent,
(Note These are merely nominal
quotation, a th. legal rate of InSrt
In the state of Pennsylvania Is fixed at
6 per cent Plus premium and commis
sion time money for thirty to ninety
days Is loaning at I to IH per cent,
while commercial paper from three to
six months Is being offered at 8 to lu
per cent)
LONDON Money quoted tt IU per
oenL Discount rate, short bills, tv.
per cent; three, months' bills, t per
cent. ' ' '
BANK CLEARINGS
Ilank clearln today compared wlthorre.
pendliur day laet two yearai
120 .1111 lDg
'nil. BS.ilT.StB I7U.SI,BTT f7S,M,07
AVPWllfa Vav 1IV04I WfSa D,W
34,1
Temporarily Quspond Railroad Rte
Waahlngton, Sept 6, The Interstate
Commerce Commission today suspended
until December 8, next, the proposed
cancellation of joint rates In connection
with the Missouri and Kansaa Railway
Co., from yartou point to RosedaTe.
Kansas and Westport, Missouri, until
It can Investigate- the reasonableness of
those rates. i
Ateh Toteka A
a r. s
a 78tt
1 784
4..... 7
3 7BU
A Ceaat Una
ret 7
8.. .
6 K
Aui Nw ta
1 83
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aa
20 88
Hall Si Ohio 4
1 68H
1 B4
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Bait Otlo
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nuftato IV r
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t 12H
Buah Bid M
B 75
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17
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1 78
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73
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784
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10 461
Brt Tly-Co-eaf
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a pwtrd rttl
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lPH
IS 102 .
Had A Man M
a.. . . . u,
!....' 87
1 87
1 57
Had A Mao In
1..... 76U
Naw Y aaa
Wn tm.Se
4 40
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3 TOH
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pa (I sta 4H
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a 75
Union Pao 4a
81
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Union Pao
38...,. 88
VKelO Orll
4- I'd 1031
10..,.. 88M
0.,.. tOM
3 00
VXIIO Brit
A I'd 1133
1 01
5 01
1 01
UKtIO firtl
a r lew
is.;,.. 85
l.,,,.r 85
3..,., 63
l...k. lB9
U K ot O Drlt
f I'd 1I3T
3..'... 83
4..k. 61
1,.... 63
U 8 Bub 7a
8.,. 08
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18..... 13.
tfd 0 ntaat 8
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15,.,. . U
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Bros ,Ctf
It..... 04
Wefn Else 5s
1 Vrt
Weat'A M .4
2 6BH
l..i.. Ssw
Wea'n Pa let
1 71
S 71
Wat Shore 4
1 l9n
7 71
1 74
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una
1...... 84
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1..... 54
wion yo cv
t !i IS 88U
wuaea ce ii
8.
87
88 i J6....
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31
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83
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so
81
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1, . ...
3....,
3
a
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Ill Cent'l 5Hs
1 81
lira Steel -4
1 78
fintbor. am
3 15
...... 16
3..... 18.
44 18
4 15
1 10 .
IMboTo- Met'
ct ,
23 15
9S IS
intbor K T f
3 41
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6
20
8.....
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15 61
1 81
low Oent't 4i
1 43
Jap Oora't lt
2 78
...... i
10 72
10 72
Jap OoVt 2nd
1 73
0 71
5 71
Jap ?" 4i
3 6T
5...,. B7S
8...;. 67
Kan CFIM
M Rwy 4a
8 64
Kan C A 8 ftr
1 69
4 69
5 69
Kan City Ter'lj
Rwy 4 a
1 60
1 ou
K net 6a 3t
1 98
K TMirtn 7He
103
103
102
13
12
103
102
ittH:
103
102
102
103
103
102
102
47 tt
41
41
J
41
47
Chi Alton
30 44
c A A'tnn .1
S ST
CAA char 7
3 83
C H'n A Q 4
3 03
B 93
4 T3
1 ,05H
10 '95
Chteaao A K's
til ct 4,
23 "il
7 33
10 82
Chi A Erie let
1 74
Chi A TJwn 4i
1 66
CtlCMO Ut A
st ri 4
5 67
Ciloao Mil A
tiron
5 44
5 63
Ohlcaso Mil A
StP cv 4(
a 70
Culea6 Mil A
StF fd 4a
34 3U
8 63
4 68
1 6SJ4
ii eau
5 68
1 48
5...1. 03
1 68
3 63
Chleaso Mil A
StP rm 4e
5 13
a 13
Chlcaro Mil A
BtP ev 0a
5 10'
3 70
9 11
Cbloasro A Nth
W tn) at
17 18
ChliA Nwn 7e
1.... 101
.... 101
6.... 101
3.... 101
Chleaso R I'd
A Fa ra
3 !K
38 68
8 68
3 6
4 68
3 68
Chi U Sta 4
1 77
Chit Cofr
1 T4
s 78
Chile Copr 1'
10 SO
Cblnea Oora't
ll'K Rra Ss
10 48
3 48
1 43
City of Coien
hasin 5H
4 13
City Mars' a 6a
1 88
Cltr Paris 6a
1 8
8 98
4 3K
8 8
1 93
8 9IU
6 tS
Cl'dClaChl A
St L m 4a
i....: 68
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1,,,,, 0
1 8
f t 8
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7.
1.
1.
1.
1..
97
07
91
01
97
97
07
Lack Steel '21
6 90
3 90
Lake Shore M
S'n 4a '28
1 Rltl
Lake Shore M
S'n 4a '31
A SO
Lls-t A MrerS
Tob'O CO 7
a 104
Lorlllard C 61
1 It
4 -ItU
i...... 7s
L A Maah 4
1 63
LAN clt Be
3 83
LAN rata Tt
3.... 101
1.... 101
Mid B A O Al
1 17
5 77'.
0 78
Mln A Bi I. fd
1 61
1 51
SS 51
Mln A Bt 1. 4i
10 41
8 48.
3 48
5 44
5 44
M K A T 2nd
3 84
Mo K A T 4f
0 68
Mo Pao m 4a
.
5..
1..
3..
4,.
5..
3..
5..
8..
10..
0..
1..
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33.
87
67
37
B7
87
67
37
B7
61
0T
Bl
B7
67
67
Mo Pao Be '23
3 89
Mo Pac Be '20
3 64
1 84
Naw O Tei A
Metlco 6i
1 33
N T C A II R
R R 8s re
10 64
N T C A lt R
R R 4
4 74
U T Chi A 81
bouis a a
3 68
N T C A II It
R R 4
1 09
N T O A lt B
R R eh 41
10.,,.. 4t
5 09
K T C 4 It It
R'R e
5 00
3 90
N T Light II
A Fower 4
a..... oi
ff T LUrht 7
A Pow 6
NT N II A II
4a of '86
1 6
Naw TNH
llart'd te
6
4
1
isu
4 16
70
1.
....
1.
3. . ..
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ta..;.
8....
15-....
8.,..
1....
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People CU U
A C OA, o
t B9U
IVmri A K in
8..... si
4 38
Perw M sa
a t
Pt.il County en
s to Hi
EUts Cln CM
A St Lta
7 78
Reading Rr 4a
1..... vv-n
1 80'
S 10'
lUJaUlo Cubri
Sa of 'O
1 83
Rtpubllc Iron1
oitei
X 87
Ban Antonla A
A Paa Ry 4a
R 1
Bt L l'h Mt 8)
S'n rtwy
B 74
Bt L I Mt A'fl
R A O Or 44
0 68
Bt Lovl A B
Prsn a)
Jilberty 8
I. herty 1st 4 ,,.
Liberty 2d 4 ...
L ocrty Jot 4
Mberty 2d 4
Liberty 3d 4
iefty 4th
Vic Note 3
Vie Nottsr 4
Us . 85.44
s . 83.10
Via . 88.34
tt. W.M
TiS .. OS.fifl
M .. 05.TJ6
in
W.t
83.-
83.11
88.8'
(N, T. lima)
P. tn.
00.00
a
65.44
8S.10
W.20
85.82
00.48
05.60
Low
M.00
85.44
84,00
88.02
85.06
05.48
06.48
GURB LIST MOVES
TO HIGHER LEVaS
60
60
eow
60
66 H
MW
06
&3
60
oSi
M
66
00.
66
a a
66
50
5
54
66
66
60
B
B6
B0
56
86
B6H
?
60
64
58
56,
06
58
56
57
57,
87
67
07
57
57
67
8t L A B fran
Sertl A
ta 8
5 tt
3 69
4 0S
it 6
1 64
5 69
10 59
10 58
2 59-
iatLAB ITrart
Serlaa B
A 70
t 10
3 184
5 10
5 IO
4 70
4 7
4 7
5 10
10 70
3 71
70
Bt L A B Pran
8rW C
1 87
St L A Bwn en
8 Bl
3 01
1 61
0 IH
S 61
Bt L A Swn 6
1
a oo
3 tt
1..1.. 41
st r-i a k o
Bhert L 4t
83
5 64H
Beak A It al
2..).. 39
IS.
18
8
20
3
15
4
3. . . . .
10
6
ft::::
6
10
2
1
4
81 Loult
Fran In
13
10
S
7
1
10
1
23..,..
9
1
2
1
J
10
9
3
8
3
3
4
8
3
33. ..r.
11
13
18
1
1
3
5..
Oil Isfeuts Active and Strong.
Heavy Dealings In Sub
marine Boat
Nw TdrJt, Sept. 2. Business on th
Broad street curb today was th largt
transActo in that market for a long
time, atock being in brisk demand gen
erally. IV list of changes Included
many important advance.
Qeneral Asphalt was one of tho lead
lng features, moving up sharply, otter
pr eArly decllae, to 30. Otaor pe
troleum stocks were active and strong,
Slroma Petroleum being heavily , traded
in on a brisk upward movement, and
National Oil. the most active ot the
low-priced issues, up to it new high
record. White Oil was also active and
Strong. Jnterhatonal Pefrloleum was
steady, selling- at 34 to 34.
North American Pulp was traded In
at 0 to - and Hercules Paper sold
t 25 to 29. The sale ot Aetna Ex
plosives was made at 10. The heaviest
dealings were lu rJubmsrlne Boat, wnlcli
ranged during the forenoon from 12
to 13.
INDUSTRIALS
i:so
p.m.
J
1,
01
3
2.'
49
88
27
it
38
a
a
8
t
, 10
:52$
IS
, 88
Ii
58
'?
'&
Low
10
a
3
23
48
88
28
1
1
87
12
1
'ft
1
3
10..
It
1
8
4...
80
89
80
89
89
S'n Pacific f4
4.
1..
10..
5..
1..
4..
1..
a..
o..
a..
14
71
15
18
15
75
70
75
H n Pactfie 4
1 l
O'n Pao r 4t
5 76
1 70
1 76
1 10
B'n l'a cv tt
2 08
8 97
S'n Rallwa 4l
13 60
3 60
11 60
S'n llallwa 5
.... 83
1 84
rn Ry Mobile
A o ctfa 4a
1...I. Bt
Btand'd 0e A
Flee A
1 8tU
Toledo 0t L A
Wn 4
5 47
1 47
Union Ite ev
6 81
5 81U
Union Pao fd
3 79
Acme Coal
Aetna Rsplo ..,.,
a rape Ola ,
urape Ola pref ...
Ilerculea Paper ...
Auto't'utl
Nat Rank rta ..,
Northr Am Paoer . .
Orpheam Circuit .,
rerrection Tire ...
Republic Tire Rub
n I Reyaolda "B" ...
Submartn Host
Sweeta Co
U H Illth Speed Tool
U 8 Steam
United Profit Sharlnr
Wayn C4al .......
STANDARD OILS
Onto Oil 821 821
South Penn Oil S 213
8land Oil or-N T .......38 814
1NDKPKNDENT ODL8
A"ll Oil 21 20
Doona OU 2 gti
Boaton-'Wyomln i ij
Carjl. Syn .10 i
Cltlea Service "&' ctfa 84 34
Cuihln Pat V
KlkBaelnPet 9 9
EniIn'TrS,.r,,M" H IV
federal OU 2 ok
Qlenrock Oil I!,..;:.".. 2 i?
int j-etroi 3t 34
Kav county Oaa ... II lC N
Mvinraton ru b?
national Oil N J g 7,
North Amtr OU 2 2?
Omar Oil '.' 53 il
Pannok OH !. ,...' .' ' h l
nedoVor: :::: i
TeJaRaer-t::::::: : J
gWv:::::::: ,3 ,
"White Oil '. ' ,iS. ,ta
821
272
380
5rWc nr Stability
Your Right
to nam your own Execn.'
tor. but to select an in,
dlvldUAl may provo a frreat
wTona;. ,
Safely and wisely handlinr
an estate demands cxperU
ence aiid calls for the
s4yin of, problems that
one should beaitata about
leaving to the discretion of
an individual. (
Thia Company operates
perpetually, is never aick,
ia never too buay and never
take a vacation, It has no
elflab interests, is abso
lutely,, impartial and is
much less apt to make mis.
Mt than the individual.
Oar. Oncers are always at
hand to meet every rcspon.
aibility.
Integrity
Trust Company
Fourth and Green Streets
CmiUl .... SSOO.0H
Smrptmw mf Pffit. . .$i,TO0,0H
Atlanta . .
ni Ladxe
MlNlNO
.IS
Booth
noaton A Montana
Caledonia Mlnlps .....
Calumet a izJ
ICandelari Mlnla1 .'.'.'.
Cortes Sliver ...": '
Crtajan Oeld ,...tt.
Divide E !'
EUrek Croe.ua ...
Kvrtk flour
Oolden Oata Kip .....
Qold Cons .7.'..'"
Oold Devel ...!:!!!
ooldfleld norenc. ..
Oeld silver Pick .....
Oold Zone '
Oreat Rand .....'
Emm surer ..'"
Iron nioaeom
Knos Dlrld !""
Loulilana Co ...... ...
MeNamara .........
Marah Mlnlnr ........
Mother Lode ..""".
Mother Lode, new
North Star !""
Ophlr silver
Prince Con
Rei Cna ; ;
Racheeler Mine ......
Rope Group '
Ban Toy r....:::
Seneca Copper
fl Silver Lead "
Rucce.e Mlnlnr
Tonopeh-HMmont
Tonopah Cejih Boy ...
Tonopah Dlrid .......
Tenopah. Esundon ...
Tonopah-JIm Butler . ..
Tonopah Midway .. '
Tnnoreh Mlntnc ......
Tanenah Mlipah ......
Tonopah Montana
Tonopah Reoe Eula .
"nlted Eaatern
Victory '
wat End C .........
white rap. .;; ..
White Capt Eit I
Wllbert
1
T tae Saarekolrjen
of
Inttrnational Petroleum
Company, Limited
NOTICE It hereby given thtt
company has been Incorporated us
'w of the Dominion ot Cssa
oiMer the name of International TeSJ
it?. mPi.I,y 4mlted, herein rehn,
to M the New Company, and that
artangefaent has beep made whereby i
w Company will issue to the Pttj
jrenc Shareholders of the Internatlosi
Petroleiira Company, Limited, fa
LJJJPny). one Preference shsri i
90t p.a,r Ta,,,e "y T'J P and dm
assessable and one share without tint
S?ii or Wp T,U8 6t ,u Common tut
fnlly paid up and non-assessable Ia
" for each Preference (bare of n
Old Company, and. to the Com
jJoreAolder M OU Compony It
ihnret tcilkout nominal or par calls j
itt Common ttovh fully paid ti
netaMe in ttchonoe for m
Common Short of tht Old Compnf,
- cJfe.5f5w' Company proposes to Imj
1,B04,B34 shares without nominal i
par value fully paid up and non-smm
Ie a.'J'JLS"? Company in exehiri
for 1,575,000 shares jbeing the sM
of the outstanding stock), of the Troti
cal Oil Company, a company inrom
rated under the laws of the Butt t
Delaware and holding concessions fra
U Cromamtnt of the United Sttteit
Colombia. The delivery to the Nn
rnpr t JW of the outtUndlt
fctoek ot the Tropical Oil Company U
oeen assured and in the event of A
whole of such outstanding stock te
being delivered then a pro rata ret;
Hon will be made In the numbet
ahara la the New Company to be tt
cbaeged for the shares of the Tropia
Oil Company delivered to it.
Holders of Bearer Share WarrtM
who surrender their warrants to ti
International Petroleum Comp
Limited .(Now Company) at 50 CasH
Street Toronto, Canada, or to tij
"rS?R LoanNot Trust Company, II
- .. ...,..u onc, icvf aorn wry, u
fiui" t'et,Yen the lr,fn Stptembfti
1020, and the 30th September. 1031
Inclusive ViW reteive in exchange thtri
for Bearer Share It'arronl on tht Wi
of tteo thare of the 2tao Company ft
eakh thare of the Old Company itt
reniertd. in accordance with the ttrts
aforesaid. ,
No Warrants for "rights" will b
Issued and shareholders who fill
exchange their old 'shares for the tn
shares within the time limit and In tM
manner aforesaid will subject ttts
right to forfeiture. i
The books of tho Company will H
closed from the 10th day of ReptiS'
bsr, 1020. to he 30th day of SeptesJ
per, IU". incjusive ana no iitin
Share Warrants will be split darll
that period. ,
oldt'- ot Bearer Share Warrsw
are recommended to send their tfiH
rants by regMtered man insured ti u
Camnanr is not responsible for 8b
Warrants lost In transit and dupllciM
Shsre Warrants cannot te issued.
By Order of the Board,
J. It. CLARKE,
Becretorf,
60 Church Street,
Toronto, Canada.
23rd August. 1020.
Baltimore & Ohio R.Iq
10-Year 6 Secured
Gold Bonds
TIiii. Julv 1st. 1929
Yielding Over 7Ki at Present.
Market Prices
Townsend Whelen &
505 Chestnut St., Phlla.
C4
PAHTNKnSMII'N
Allied Park tt
f.rmour t
ntar R T7
Kennecott 7a
V T rent 7 ....".;
New Haven 4a
llnrletr 7
Tx Co 7a
"nlon Tank 7 ....
Weet El.e 7
Berlin 4a ........
TTamburr 4 .....
Mimlrh 4 ...,u..,
Swlaa 6 a .....l
WINDS
01
93
41
Js3
1
as
04
n?
.!; ian an
!.- II 72i
BO
R
07
IS
?n
in
R4
n
fi
7
H
1U,
1
88
11
SH
n
n
ft
T
;
18
n
1
1ft
38
TO Raise Rate en Dond Sates
At th TneMlne- nf th rnvernlna- mm
mlttee of th Phl1rleprday Wnek?:
'.h".ns"k'r""!r.r,1.:v' th nfopoaeO P change
I, ""institution relattnaTto commla.
Inn rhr-M foe transactions In Nd A
Zl,WTe V:1 t,f weaks'wllJn
' will he voted upon by the member.
The chana-e prnvld. to nn Increase Hn
utSMiS 1 rAXTn Inelts-lTlall ' nr I tJuK
ln" Pr value. Th ar-tlnn taken bar
i'ffer front that rseentlv taken In New
ork tn that no commU.lon ra ea aVe
JlK5!!1b.'i? fcr jMaaattonB Ifl TlJberty
ehJ..wn 4!cr,,,on ln. making such
eharire. Th name of Per or tlein
rmM,.W.h",p:,r'hVM " seatof no?
iT?r..Db '!T!?ctH -" cretarv and
'r-urer ot the, enrchanr. hA returned
from , automobile- h ehrJ,. "KJ2
Kngland,
f
TflK 1TM Or I. i. BTKBNritlJJ ND H
S, Pollii, conalatln of i J. Hternfeld t
3. B, I'olln, le dleeolred. All account due 1H
Arm are payable to I. J. Sternfcld. u"".
szo ruoen at.
FINANCIAL
TO
do:
,33
nnijiKRH or the iip.NTBg
BROAD TOP MOUN'r.ilN HAS
II A TOAL COMPANY FIRST Ml
TKNDED 4 'A CUUr(. I"'"!;
Notice la hereby slven that the prlncip
of theae bono, amounting to 8410 ow
will be paw py ma rennayivania i-orai-j
far Inuraneet on Live A Oranllnr Ann
retentaiion oi me. iwnu. p-i ,
e'h.etnut at.. Phfadr pnl. .'
BevtemP 30. 1930, after which )''
tie, uoon p
olYlcte. 817 Cheitnut
pvpiafBDev oo. ibi ""'r wnu-it ".-,.(
tcrel on laid Xonip will cea. Istenj
urL.vn.,1 '!. IT .'i.
h.rl and vtf'PV
foe b. vrn.nl on Haotenbar SO. 197. !,.?
eoupons ahould tt
odlco of thl company. 1303 North Aa""1
Hal!
MO
la.
rtsat. .a
ms&t&a&w'
A, J. HMIL.KT. Treaeui-,
Dividend
To PttHadclpkU Electric Coop
inn s a. as av iwa aj'i- ar wr
...vy yncoimii " ...4
"eTlS..
Philadelphia, Pa.. Au. 10,,lljv'to
The Board of Director have tnle f !
rlarad a ayfttrlr dividend of ejM"J
iMarter
-a (1841 Be rent (belajr 43.14 VU
bare) tipen the capital I ocfc of 1 11 Tj-jfJ
frMI umoaufr in, ""! "
aany. bavabla
balder of rcor
7tnber IS. l". w I
Auruit 12, V. . I
II. C. LUCAS. TreWtJ
Asterieaa Talephoae & TelepapiP
. A dlv!4n4 of.Tw. dolUr per V,S,1
W paid on rrlday. October IS. ""J
totkhiUlt of rrrotd at the clow i
aeaa en aionoay. neptemner zu. '' .
iQ. D. MILNE. TH""'"' I
"'s.
jVm
Jfi... sit,
.
M
riY.
ua??tt i