WW ': t .V. i' V I' . IKt' t . EVENING FUBLIO LEDGER-PHIIiADEIiPHIA, FRIDAY, SEPTEMBER 10, 1920 18 HRWJaWin 'if r? i- I' t v I llil' itJ7L4mMm TOKliaP HI mm MfWi S '.V IK!"' HI ' BbDKFk Jk'1 . SMwrfv it t ( rfQSkS2Pv l ;. Build an Addition ? To Your Income . Consistent investment in jrood securities of fers tho means. Send for our Septem ber list containing carefully selected Is sues which wo recom mend for immediate purchase. 4k fcr circular rS-Stt TheJCationalGty Urapany Hlltad.IphL 1421 Chestnut U Atlantic City Chalfont Block k IZZS Uoardwklk i )VE OFFER , SUBJECT TO SALE City of Coatesvflle 1 School District 4 Due Mar 1. 1034 Pries to yield about 5.10 Canadian National Railways 15-Yr. 77o Equip. Tr. Gold Csrtt. Duo Mar 1. 1033 Price to yield about 7.109a Hartford Electric Lt. Co. 7 Gold Notes Due 8it. 1. 1030 ,, Price to yield about Tfo Colombia Graph. Mfg. Co. 1 8 Gold Note Dae Annul 1. 10tS Price to yield about 8 STROUD & CO. Urmberi PliUadelphta Block Hxchanae 1429 Walnut St. 1 is the cumulative dividend rate of the preferred stock of a company which is one of the leaders in a profitable in dustrial field, is the rate now being paid due to a p a r t i c i p ating feature. is the possible rate allowed by this feature. Cash dividends paid common stock first months of 1920 at rate of 18. Circular 7337 on request Bonbright & Company 437 Chestnut Street Philadelphia New Tork Chltafo Boston Detroit on SIX A Complete INVESTMENT SERVICE Specialists in OHIO MOTOR AND RUBBER STOCKS ACCEPTANCES BONDS STOCKS CORPORATION FINANCING Members of New York Stock Exchange OTIS & CO. Investment Bankers CLEVELAND Boston Detroit Cincinnati Columbus Akron Youngstown Denver Colorado Springs Toledo MARKET INCLINED TO MARK TIM E Shorts Had Uncomfortable TImo in Somo of tho Specialties New York, Sept. 10. Today's stock market did not bold out much en couragement for activity on either side of the trading operations. During tho 1 greater part of th session the general lint showed a conspicuous tendency to mark time pending somo fresh incentive. Tho more important news development was supplld In the U. S. Steel Cor poration unfilled tonnage statement, showing a decrenso of .113.430 tons in booked orders. Tho unfilled tonnage for the month of August was given as 10,- 805,038, the smallest reported sinco April, but compared with 0,100,103 tons in the corresponding month last year. The decrease had generally been I looked for, having been foreshadowed by ' the reported small cancellations and the I unsettled general business conditions. Tho effect marketwiso was consequently I nil. 1 Other than tho steel statement the nows developments wore strikingly shy I of stimulating elements. The call loan i rate remained relatively easy, inasmuch ns me i per cent renewal rnto wblch carried loans over until Monday wns .generally considered fair. The ludlca- I tions, however, that tomorrow bank statemuts would again be quite iinfuvor. i oblo coupled with tho fact of tho heavy j tax payments next week gave the ap . parent ase of money a rathr artifical aspect. As a rsult, there was little dls j position to extend commltmnts ou the. eonstructlv side by reason of the fear I of running into u new flurry. At the I hume time th absence of real selling pressure made the oppositoin party llke wibe reluctant of extending their ven tures ou the short side. The quick uud (widen twists of the shorts, mich as oxperiencd late jestcrday, hus taken a good deal of the aggressiveness out of i the bear crowd. Most of the active stocks were heavy I to weak lit the onenlmr. sulnnlnir Rlinr in particular, which forfeited much of yesterday's substantial advances on the denial of big stock dividend story. Fur ther depression in foreign exchange, bills on London falling to a new low level for the current movement, helped to unsettle thu curly market; but there was no great amount of selling pres sure to develop. On tho contrary, the whole list showed a tendency to steady Immediately following the initial deal ings. American International milled to within n small fraction of jester day's high price, while other leaders rebounded 1 to 2 points. Shorts ap parently had another uncomfortable time in various specialties, including Houston Oil. which rose about 4 points. Trading fell uway before noon, but recoveries were held for the most part, the majority of list drifting sluggishly within narrow limits. News of failure of a small trust company in Boston was without visible influence. The feature of the bond market was the new French issue, which sold nt a premium of 1 per cent on the curb. U. G. I. FORCED TO NEW LOW LEVEL All Local Utilities Soft, While Storage Battery Continued to Climb Strength of Electric Storage ISuttrr) und the continued weakness of United Gas Improvement Co. stock werrtlie pre-eminent features of todu's mixed local market. Electric Storage But tery scored an additional gain of $3 75, advnncing to 135. There vis no fur ther definite information concerning the predicted big melon-cutting, but the buying, which was of an aggressive character, disclosed the floating supply of the stock to be still very scant. The renewed heavy selling of U. O. I., currying that former favorite down to a new low level nt 34, wns very disconcerting and found reflection In reeurriug weakness of all the local utility stocks. The whole street up pears to have jumped ut the conclusion that u dividend cut is unavoidable. This pessimism undoubtedly had Its fuoduatlon in the attitude of the Mayor's cabinet, which suggests that the administration will not yield to changes in the gas leiiBe without pro longed negotiations. The stock was sold much more freel ytlmu In the pre ceedlng days, while the demand win limited Philadelphia Klectric, in a sinking spell, dropped nenrly $1 to 21. Phila delphia Rapid Transit fell $1 to 13, which was undoulJJ'dly largely out of sympathy with theX'. G. I. break. The rails likewise were inclined to droop, with fractional shading In Penn sylvania Railroad, while Lehigh Valley was $1 down. Lehigh Navigation wns slightly higher. Small Miles of J. G. Brill preferred were made at 71, or $18 under prehious sale uiado lost April. American Stores wns firm as was Phila delphia Co. cumulative preferred. j I Philadelphia StocJts j Low 457s ni 1 30 p. m. -Ill 111 Net chee. iSrW vXacMies i stocks Reorganized Ratls.Rail' BQMiway Equipment Issues Standard Oil Units Do you know what ii behind thtir msrkttwiie activity 7 Unr iptcut l.lt.r, "S. 0. R" which li until thine to ilk for tod a good tltaf to Live, will ttll you. , Compli racnltry copy for tot alleles;. Marketable securities carried upon coneervativm marginal baiii. Odd Lot a epecialty -AV I'hlUdflphla Btk. Kith, Slrrohfr rnniol, Btk. V.x. of N. V. 1022 Chettnut Street riton"! Ilfll. 8pror BD17-4380 Kyoni. llOB 1&9 II Ilrowlwar A 4S0 nth Are.. M. Y, Hlamford. ood. 7 425 7ai4.IV, 7J1 58 WVi ?i 34 .12 ij 21 WW 1 50 .. 34 -2 50 .. . 1 1 1 1 1 - - 1 1 - - i - - "1 JNEW YORK STOCK EXCHANGE TOAMSACTIONS . . . . . . . . ...... . . . Bale 208 M 10ft 09 000 too 100 300 400 400 100 100 100 etoo 300 300 300 00 10 000 400 100 100 300 88 300 100 100 300 100 700 300 1300 too BK00 aoo 00 X 300 700 300 600 100 000 100 100 100 100 3408 700 600 HE?00 200 ion 100 Zl2tfll 300 300 .108 500 300 .100 mo ?o 100 1000 800 too 100 1700 100 coo 800 1500 500 1800 700 309 200 73 108 500 330 200 1198 100 003 3 10 208 2500 100 1100 2210 200 200 300 inn 208 100 too 2on 300 100 5700 H0O 1700 ion too 2000 100 100 (SOU r.uo 100 100 300 288 100 480 1308 2308 100 200 2200 000 400 100 500 nir. In I 2:80 Nt M (NTtn( Cht. 0H- H 1K H 34 - Yi 84N 9H B1J4 . 78 -B5J4 1 3H Ii 34 B4 80 78 33K 81 ia(Ti U5J4 3y4 10 lH nn 78K-1014-68M-00 U14 30 0K 37 87 H 111 -80 08J4- 124 00H 110 82M- 11H- 53J4i- 83Ji- 714- 1014- lllh .. Adams Express . .... 3H .. Alaska Juneau Q M.. ljt 1 Allls-Chalmers 34 8 Am Agrlo Chem tH 5 Am Bast Sugar B2V& 6 Am Beet Sugar pf . . . . 78 .. Am Can ....'. &K 7 Am Can pf 1 II Am Car A VAv 11JT4 v . v. ...... , - .. Am Cotton Oil V4 z (0 Am Drue Syn 1 1 .. Am Hide ft leather.. HJi 1H 7 Am Hlds ft Leather pf 11H '1H Am Internat Corp.... ")&H UK 1 Am -La Francs Enc. .. 1014 1014 5 Am Llnieed BK S 0 Am Locomotive 014 I .. Am Safety Itazor 114 Ii .. Am Ship ft Com 90 4 Am Smtlt ft Ref 0H 0)4 3 Am Stl Foundries. . 37 3(T4 7 Am Steel Fdya pf.... 87(4 8714 7 Am Sugar Ref Ill HI 10 Am Sumatra Tob 89 84H Am Tel ft Tel t8H S8K 20 Am Tobacco ....'.... 12 13 6 Am Tobacoo pf new.. 0014 8014 o Am Tobacco n 11 lit 7 Am Woolen 83 81H .. Am Zlno Lead ft Smlt 13 H "H 4 Anaconda Copper 3J4 3K 0 Atch Top ft Santa Fa 83 J4 MH . . Atlanta Blr A Atlantlo 7t4 7 . Aflnntl. ITrllU 10U 1014 10 Atl Gulf ft W I 8 8..1J W Cj1. f 3.B0 Baldwin Locomotive .110 H 10IH 100H .. Baltimore ft Ohio.... 41 H 4 Baltimore ft Ohio pf . . MM s Barrett 18tH .. Bethlehem Motors.... e 5 Bethlehem Sttsl B.... 77 .. Brklyn Rapid Transit. 1114 10 BurnB Bros tll4 .. Butts Copper ft Zlno.. 7f4 .. Butte ft Superior Cop 1014 .. Caddo Central O & 11 10 . . California Petroleum. 20 10 Canadian Pacific 131 V4 5 Central Leather 5 4 Cerro de Pasco Cop.. 43j 4 Cortaln-t'd Prod 53 10 Chnndler Motors....1. H5 4 Chesapeake & Ohio... 60)4 .. Chicago ft Alton IK .. Chicago & n 111 pr. .. 1314 .. Chicago & at West.. 8ft 2 Chicago ft Gt West pf J4 .. Chicago Mil ft St 'P.. 0J4 .. Chicago Mil ft St P pf 55(4 B Chicago Northwestern 74J4 .. Chi 11 I 4 Pac 30J4 7 Chi It I ft Pac 7 pf 78 8 Chi Pneumatic Tool.. 82 !4 a Chi St P Minn ft O.. 60 .. Chllo Copper 15)1 1.50 Chlno Copper 3IJ4 8 Cluett Peabody 73K .. Col & Southern 3TK 1 Col Graphophono 3i 7 Consolidated Cigar. . . 74J4 7 Consolidated Gas 70(4 2 Con Interstate Cal M. 10 H 4 Corn Proaueta Ref... 8914 2.50 Cosden ft Co 30 8 Crucible Steel 15$ .. Cuban Cane SUgar... 8814 7 Cuban Cnne Sugar pf Tl 7 Cuban Amer Sugar... 44J4 7 Cuban Amer Sugar pf 98 H' 0 Delaware & Hudson.. 101 10 Del Lack & WcRtcrn, .250J4 .. Denver & Rio G pf... 1214 1 Domo Mines "M .. Klk Horn Coal 2J4 . Emerson-Brantlng ... 15 .. Erie 1 .. Erie 1st pf 8 Famous Players pf... 82J4 3 Flsk Rubber '814 .. Federal Mln ft Smelt 11 .. Freeport Texas 23 J 1 General Motors 21 H a Gen Motors deb 6.. 70 7 Gen Motors deb 7.. 78 0 Goodrich B F 55 J4 7 Grent Northern pf . . . 77H 4 Gt Nor Oro ctfs 32 (10 Green Cannnea Cop.. 27 .. Gulf Mobile ft Nor... 54 4 Haskell & Barker Car 00 .. Hendee ctfs 25 8 Homestake Mining ... 40 .. Houston Oil Co 11014 1 Hupp Motor Car 1014 . . Hydraulic Steel Co . . 33 K so Indlahoma Ref 7?o 14 V 14 V 7 IlllnolB Central nili 4 Inspiration Con Cup . 4aK . . Internat Agrlcul. . 18)4 5 Int Axrlcul Corp pf '. "0 . Inter Con Corp 3!s .. Inter Con Corp pf... 103 7 Intl Harvester new... 125?$ 7 Intl Han-ester pf 104 23fi 70 19',4 8014 30 X 014 18 74 181 2 Kennccott copper 0 Lackawanna Steel. . ..'0814 . Lake Erlo ft West pf 22 2 Lee Rubber Tire 2 . . Iru Mer Marine. . . . 0 Inl Mer Marine pf. .. International Nickel . . International Paper .. Invincible Oil Corp. .. Island Oil Kan City Southern. 4 Kelly-Spg T 1.20 Keystone T ft It 4114 8014 130 5H 76 H 11W 00 75 114 10 21 MOK 51V4 4114 53 84 6014 H 1314 8N 2514 30 64 K 74 MM 78 81' . no u r. 20J4 72 37H 23 7414 70 105 88W 3014 124 Vt 38 H 77 4414 05J4 101 240 12 11 A 3J4 15 15 23 Ji 82 27 11 22 X 21 0014 78 55 77 32 37 1214 00 25 40 107 lK 33 7J4 8H 47J4 1814 70 3 14 10 J 125 104 53 'J 70 IB 14 70H 3014 0 18 74 1814 20 08 22 23 50J4 130 5M- 7614-1114-8114 7M 1014 10 20 4314 53 85 6014 OJi-1314- 8H 65 .. 74 - 14 !64 78-1 8214 114 683 15 2014 72 1014 8914 30 125J4 38J4- 77 4414- 114 5ft 14 1 14 H 'J4 14 1 14 'A 114 14 o )4 1 H H 14 14 14 14 14 H 1H V Vk 14 1W 14 y 14 14 H 14 1W 1 1 14 14 14 14 14 14 V4 3 14 154 14 l'4 1 V4 14 154 V a v 14 H "v 14 14 Yt - 54 0514 101 249 12 "M 24 15 ' 15 24 82H 2814 11 23H 21 77 32 27 1214 60- M MW 49 SI 11014 4 1054 H 3314 IV, - 88 8 1814 . 10V5 I25J4 101 2314 70 1914-70-38 014 .. 1814 20 08 22 24 14 V- 14 14 Dlv. 30 Nt Salts In t Hlih Low (MYtm) Chce. ! 8.60 Lehigh Valley H "J4. 46 14 H 1H 14 14 1H too 1500 500 500 1(0 20009 100 400 11700 40 100 25 800 300 I 110 200 4500 200 1400 400 100 500 400 1600 700 600 500 100 200 500 1101 200 100 300 300 11000 500 109 1000 3800 100 700 100 1300 100 loon 400 100 11030 500 700 3200 300 200 500 100 8500 100 3100 1230 700 t30O 0000 oao 100 1400 700 300 100 1000 4000 1400 1200 1000 200 50 100 100 100 200 11500 700 500 390 7300 100 2000 200 300 5200 100 too 200 000 1100 3200 300 700 1400 700 300 200 2 100 200 12080 1803 33)0 1600 100 408 300 900 100 1000 400 000 100 580 290 208 500 2000 300 80O Loft Corp 1314 1K I Loewe Co H o5 7 Louisville ft Naahvtlloloa 102 H .. Maxwell Motor M 8 .. Maxwell Motor ctfs... 8 8 lt Mexlotn Petroleum ..171 173 J4 Mexican Petroleum pf. 014 J4J4 t Miami Copper "9 "14 1.00 Middle States Corp...K ft 4 Mldvale Steel A Orel.. 39 St .. Minn ft St Loots 1514 1H T Minn Htr& St SMpf iti tt .. Mo .Kansas ft Texas.. m 14 . . Mo Kansas ft Texas pf 11 H .. Missouri Pacific 2&H 2014 .. Missouri Paclflo pf... H 714 .. Nat Aniline ft Chem.. 83J4 83 7 Nat Ah ft Chem pf... to 8IJ4 5 National Cloak ft Suit 3tl4 .. National Con ft Cablo 814 84 0 Nat Enam ft Stamp.. 58)4 5814 0 National Lead 7014 75 . . Nat R R of Mox 2d pf 0 014 1 Nevada Con Copper.. ,114 HJ4 . . N O Tax ft Mex 5tfc 49 New Tork Central... 74J4 714 . . New Tork N H ft 11. . 34 33 1 Now York Ont ft W. . 20J4 30J4 5 North American 5 53 T Northern, Pacific 79H 79 40 Okla Prod A Ref 414 414 . . Orpheum Circuit 36 26 8 Otis Elevator 130 130 .. Otis Stoe) 2314 23 8 Paclflo Gas ft Eleo... 4514 e Pan-Amcr Petrol 02 9114 6 Pan-Amer B 85 84V4 4 Parish A Bingham.... 4 24 3 Pennsylvania R R.... 43 43 .. Penn Seaboard Steel.. 23 2114 .. Peoples Gas Chicago. . 3314 4 .. Pero Marquette 24 24)4 5 Pero Marq prior pf . . . 60 J4 60)4 8 Philadelphia Co 38 3714 .. Phllllpa Pet 30)4 36)4 .. Plorce-Arrow Motor.. 37)4 36)4 .. Pierce Oil 13ft 13 8 Pierce Oil pf 81 81 8 Pitts Coal 86)4 04 0 Pitts Coal pf 84 84)4 .. Pittsburgh & W Vn.. 30', 29)4 1 Pond Creek Coal 18 17 8 Pullman 116 114 4 Pure Oil Co, 39)4 39)4 8 Punta Alegro Sugar.. 77)4 70 1 Ray Con Copper 16)4 10J4 4 Reading 03 92 I Reading 2d pf 45 45 . . Remington Typewriter 58 65)4 .. Replo Steel 80 70 J4 0 Republic Iron ft Steel 4 84)4 .. Republic Motortruck.. 28 28)4 0.20 Royal Dutch N Y.... 89 88)4 .. 8t Louis San Fran... 37 20 . . St Louis San Fran pf 40 40 . . St Louis Southwest. . . 28 27)4 .. St Louis Southwest pf 38 38 .. Snxon Motor 5 5 1 Santa Cecelia Sugar.. 14 14 .74 Shell Transport 66)4 6414 .. Sinclair Oil 3174 31)4 8 Sloss-Sheff 72)4 71)4 0 Southern Pnclno 95 94)4 .. Southern Rail 28 27 5 South Rail pf 00 00 20 Standard Oil of N J. .050 069 7 Stand Oil of N J pf. .104J6 104ft .. Stan Oil N Jpfprtpdl95l4 105)4 4 Stewart Wnrner Sp. . . 31 J4 3lJ4 4 Stromberg- Carb 73J4 73)4 7 Studebalccr 68 02 .. Superior Oil Corpn... 19 18 0 Superior Steel 62)4 1H .. Tenn Cop ft Chem.... 10 Oft 3 Texas Co 51 50)4 .. Texas ft Pacific 30 30 00 Texas & Pac C ft O.. 41 40 6 Tobacco Products.... 05 05 .. Times Square Supply. 23)4 23)4 .. Transcontinental OH.. 14)4 13 5 Transue ft Wms Steel 46)4 45)4 2.50 Twin City P T 35 35 8 Union Bag ft Paper.. 80 86 .. Union OH 28)4 28 10 Union Pacific 131)4 11 12 United Fruit 207 204 .. United Rwy Invest... 11)4 11)4 . . Unl Rwy Invest pf . . . 23 23 3 United Retail Stores.. 68)4 67 6 U S Food Products... 00 50 8 U 8 Ind Alcohol 84 ' 3)4 ..US Realty ft Imp... 40ft 49ft 8 U S Rubber 87ft 88 HUS Rubber 1st pf...l08 108. BUS Steel 89ft 80)4 7 U S Steel pf 107 10014 0 Utah Copper 66 63 o Vanadium Corp 70)4 09)4 4 Va-Carollna Chem.... 70)4 70)4 8 Va-Car Chem pf 107 107ft 0 Va Iron Conl ft Coke. 120 120 2 VIvadou Ino 1514 u .. Wabash Oft oft .. Wabash pf A 27ft 27)4 . . Wells Farto Express. . 60 55 .. Western Maryland... lift io .. West Maryland 2d pf. 16 lo .. Western PaclQo 30 20 7 Western Union Tel... 84 ft 841 . . Wheeling ft L E 12ft I2S 4 White Motor 40)4 45 1 Willys-Overland 15 lay. 5 Wilson & Co 50 SO 6 Worthlngton Pump... C3 02 ft ' Ex-dlvldtnd t ETlhts. m 454 14 2)4 14 ft 1 ft 54 'v ft J4 Y ft 18)4- )4 2051 r 103 ft H 8- 14 8 ft 174 3)4 94 ft lt "J4 t 16)4 to 0)4 11 20ft 754 83ft W to 54 39)4- 8)4- 58V4 70)4 0)4 11J4 49 74ft , 34 -20)4-52 7014- ft 28 . 130 4 23 46 - ft 91J4- ft 84 ft .. 24 - ft 42 - ft 22)4 ft 33)4- Vi 24- ft 00)4 ft 38 ft 30ft- 1 37)4 13 .. 81 05)4 1ft 84)4- 30ft 1ft 18 115 ft 30)4- ft 70 18)4 8 45 - 68 7tft 84)4 40 27ft . 38 6 14 54-31ft-71)4-05ft 069 104ft- 105 ft . 31J4 72)4 ta 18ft 53)4 10 06 ft 35 86 28 .")4- 23 67- 00 83 ft- 8ft- f80 . 108 . 80ft- 100 ft NEW FRENCH BONDS F, AMES ON CURB Sales Mado at 101 Chomical Merger Active Asphalt Strong Now York Sept. 10. Tho market on tho Ilroad street curb showed a gen erally Arm tone with soma issues In good demand and making substantial gains. Naturally, most interest was attached to the market for the new French 8 per ccht bonds, which were traded in at 100 to 101. Chemical Merger was again fairly active, moving up to 01 and then reacting to 01. Qenerol Asphalt alBO showed strength with trading at 54 to 00. INDUHTTtlALS Dllss Co .... Chom Morser . Cleveland Auto Ucneral Asphalt (rape uia Orap Ola pret .. Inter Ilubber .... Nor Am Purer .. Perfection Tire .. Hadlo Com Radio Com prat ltcpuhllc'Tlre nub Hoy Do France . . Huumnrlne Uoat . U H Htffim , United l'ront Hharlnir united itei vanay , Wayno Coal Wcbcr & llcllbroner lllsh Low Latt 80 80 80 (UK niH oiH BO BO SO C0H C4H 65 l 2J 2Ji 8W J 3V4 18 US 18 , aft nft oft :::::: A :::::: fit !S Sft S " .... is 1ft 14 lift lift lift 8 S 3 .... 13ft 18ft iaft H H 2)4 ft ft ft 1)4 14 ft ft 14 ft 'y 'ft H 14 lft ft ft ft ft 1)4 ft y ft JJ4 1 14 ft 5)4 ft 1 )4 'y a .05 '00ft 70ft 107 120 15 0ft 37 ft 55 11 ft "14 ft 15 56 03ft 1 H 1 1)4 ft ft 3)4 ft H y ' ft Hi Anitlo-Am Ohio Oil STANDARD OILS Oil 22 a Hi nKfi 9K Houlhwot l'enn ex-dlv ..278 278 1NDKPKNDENT OILS Allied OU 21 Ark Nat das 11 Illery Oil 16 uosion Aiextco Carlo Syn Kill llmln Put Knglnef ra' l'ctrol , . uameraion on .... Fcderul Oil Clltnrock OU Oranada Uuncy Ollleaple ... Lance Creek r llcrrllt Oil Nat Oil N J Producers A Refiner Kyan Oil tilmms l'ct v Hltellv Oil Un Texas Oil 11 A Victoria Oil. now l'i Wtotoni States ft White on "2M. Woodburn aVt Y Oil V. Ohio Xtanictr S MINING Alatka llr Columbia .... 1 Alvarado 14ft Horton A Montana u Calumot & Jerome ft Candelarla Mln '! Cona Vlridnta 3ft Cortez Sliver 02 Cronson Gold 1 DHliIe Ext 81 Dundee Ariz 1 El Salvador lft Kurcka Croesus V. Kureka Holly lri Uold Cons 9 Oold Dovel 0 Ooldnold Florence Oold Sliver rick Uold Zono Emma Silver . . . . ilecla Mlnlns Iron Blossom ICerr Lake Louisiana Co . . . . , McNamara Mather Lode . . . . Mother Lode, now 21i 880 27H 20 21 ft lift lift ft 10U loft 2 -. 2V1 12 11!' 12 Bft Oft Oft lU lu f ? ii; 10ft 10V, loft 32ft 3H 32ft 14 14 14 7ft 7ft 7ft lit, H h II no on no i5k 13i law 111 OH 10 4 4 21U 22ft 3U 3'i ft ft ft ft 14 O 3.". 5 ooA U ss ft ft 8ft 00 ft 20 l lft ft lft II 5 14 u 33 5 4ft 3ft Murray Hoc 77 National Tin 2 Nlplaslns 10 Ophlr Silver li 0 Prince Con llnz Cons 8 Silver Load ft Tonopah Cash Doy 7 Tonopah-JIm Outlor .... ltl Tonopah Mlzpah 13 United Eantcrn - West End C lft BONDS Dorlln 4s 17i llromen 4s 20ft French Oov 8s lul llamburs: 4ft s left Allied Packer 0s OS1; Armour 7s on Morris 7ft s OS, N Y Central 7a luo'i Sinclair 7tts vu i Ts Texas Co 08ft 00 i) 77 O lift ft oA 7 15 13 Bft lft 17ft 20 ft lUOft lllft r.sft tm U7 ft mo iiiift 8ft 1 14ft "i! 3ft 02 1 211 1 lft ft IS II a 14 35 5 4 ooA 6 77 a 10 ft 7 111 13 2ft lft 17ft L'llft luo Hi ft 5Sft UU 7 1(K) llOft 03ft JFrench 8 Loan Oversubscribed Government of the French Republic Twenty-Five Year External Loan 8 Sinking Fund .-' Bonds r , Price on Application f? $' Tefephone Spruce "1480' i ' '$ " Commercial Trust Company Member of Federal Reserve System City Hall Square Yo Quarterly Dividends . can be obtained when you purcnase Preferred Stocks issued by thoroughly established Manufacturing Companies earning several times dividend require ments and producing essential products. Your investment is secured by the entire assets of the company, whose earnings are limited only by supply and demand. Ask for Folder No. P.P.L.-SBS HollistenWhite&Co. icoPOArco BOSTON tnuHcmt-D North American Building PHILADELPHIA ritOVIDBNCE FITTSriILD NZJV YORK FORTLAND Commodity Markets GRAIN ChleaR-o, Sept. Du Pont Chemical Pf'd Bought. Sold find Quoted I. Morgan A Co. e tne rnia. umcb Kxcli. Ills! 20 Am St.. 40 (5 dopref.,01 01 111 4JDrilI J O nref ... 71 71 71 -18 U03ElecStor.ia5 13214 134 3 ctf of dob 7-Vt 110 Lch Nov. 58 ."M Ieh Vol.. 40 WSIa II U..43 340 I'hlla Co cum pf.. 32 31 300 PhllaElrc 21 21 1230 do war.. 005PbllaUT 14 13 V4 in 1'hllaTroc 50 fi0 2345 UO I... 30 Vi 34 23 do prof . fiO fiO 10TUS Steel 80 Hl ILm.hI previous Bald April 10. tNot channo matl by comparison wltb lait aula on New York Stock Kxchancv. Sulfsln IIOND8 1.30 Net I100O High Low p. m. cni. 1 Luhlgh Vol ann'ty fls.100 100 100 1 25 Lib Honda 2d 4y,B.. 85.08 85.02 85.08 .02 30 3d 41fs.. 88.54 88.54 88.54 .01 4 4th 48. . 85.34 85.20 85.34 .02 10 1-10 Vic4H 1)5.42 05.42 05.42. 02 3 Pcnna U 11 temp ctfs.103 103 103 V 13 3-10 PhllElec 1st 5s.... 82 80 82 1 4 United Rwy Invest 5a. 00 00y8 00 Liverpool Cotton Llrerpool, Sept 10. There was only a limited request tor spot cotton today with prices eouler on the boats of a de ntins of 20 Dolnts for mlddllntr at 21.65d. Tho sales were 4000 bales. The receipts were 900 bnlrs. Including- 7900 bales American. Futures were uulet In the early dealings. Bpot prloes were: Ameri can, mtddllnir fair. 27.40y good mid dllnir. J4.hT: Julhr mldln;.jj.i5d; middlings, 21.65d; low mldMlIn?, 17.SBd MARKET 10. Wheat started easior this morninc There won very little duraand in the early dealings, whereas Fcattered Belling increased, be ing influenced by the continued reces sions in cotton prices, which lod many to believe that tho readjustments would extend elsewhere, and by further de clines in foreign exchange rates. Senti ment, apparently, had turned to the bear side over night. ii.nn.iu nt irnnil mlns in the Arzcn- n ...v, . now rrnns had been tUnUonr..! hv drouehts. was a bear factor The receipts here today were 73 car8 , IOII, , TWamhni. utlirtOll nt SJ.4U tO eo ar.i. n Iohh of 1C rallied to $2.40, but later reacted again. March opened at $2.42, a drop of lc. sold up to $2.43, and then fell back to tho inlUnl level. Porn was lower as a result of the in creased offerinjB from the country and f.,...u. wnnihur for the now crop, which was said to be Influencing sales from the Jorras. The Argentine ruin reports also caused some selling. About the only demand came from covering of shorts. Tne recsipw c. " y" The flrBt range in September was from 81.40 to $1.40, a decll " .fnci that option sot down to $1.30 later. December opened at $1.20 to $1.11). a loss of c. but held at that range. 5Iny started nt $1.17, a drop of c, and later lost c muro. Oats wore easier in sympathy with the other markets. Commission houses were selling and thojro was only a mod erate demand, coming merely from a 1 itK analinnrd connection. The WAinf wern 120 cars, which were 20 cars less than estimated, but were, nev ertheless, considered liberal. cut.mKr ranted between 04c and 63c during the early deallugs, about if.n- fmm the nrevious close. De- rpmber started at 65c to 00c, a loss of ie. holding steady, while May ranged from 08c to 03c, unchnnged to c lower. UaAlu future, ran.ed -(c'onow.iint) c.,n (naw deilvMT) 10J0 Yett. -"" " ' i .n Tflvt. T jw n m weakened by reason of tho recent big cotering movement. Today's weather reports Indicated clearing conditions In the Southwest. About the only early demund of note was support of October by spot houses. At the end of the first fifteen minutes tho market was weak at ubout 00 points net decline. Up to the end of the first hour thero had been no new transactions in coffee except a few switches of September to December at 00 points. General condi tions continue so unsettled that there Is no aggressive buying power in the mar ket and the recent weakness at primary Bources has given bears practical control of the local situation and they have been able to depress values almost at will. The local spot demand has also been poor and this, possibly, has helped along the weakness in Brazil, to some extent at least. STEEL BOOKINGS SMALLER Corporation Reports Unfilled Orders for 10,805,038 Tons l,Phie,hVYftk' t8,0!1'-,10, Unfilled orders i..by 'J10 n"cd Htntc Steel Cor poration in the month endinr Aiimt li'lis'.n1803'038,10" '" ?"' Iki .1 ln t' month d'nff July 31. K?rcport Hhowc1 decease of 813,430 tons over the previous month; mCim.Pinri?ons v0f unfil,c1 tonnage on low- ttnth fiInce 101- fl- iomnoi Tons unnlt. .. ... ??9.n.808,miR h, "?. Prev close OotoW 28.25 noemlr ... 26.18 January .... 2&.0T March 24. 48 Muy 34, 05 July . . . 28. OS Open 27.75 35.76 24.00 24.00 23.50 23.15 (N T 11:30 a. m. 38.00 20.10 24,78 24.10 28 05 Time) 1;80 p. m. 39.23 2A.B6 35.22 34.51 A4 61 fipt. . . Oat Sept. utc. . . L,ara R.Dt, ..10.20 Oct. . ,.10.40 Oc."Jr.l6.4T tAiked. Opn I"h Jw b. n). l74oU 1.40W 1 3HJ4 1.30W liSoH 1 20H 1 loS 1.101 cloie 1.20 1.40 f7V 64 66 03 eH 1 ttv 4H 10.87 10.59 10,20 10,87 10.20 10,40 tl.B2 tl9.8B FOREIGN EXCHANGE New York. Sept. 10. The downward movement of exchange rates continued In the opening" today, with sterling- off H oent, and other oentera acting- simi larly. Lire showed no change, but marks, pesetas. Scandinavian and other ex changes showed decided declines. Quotations were: .. ... Demand sterling1 3.51, cables 8.62; frano cables 6.72, checks 6.71; lire cables 4.80, checks 4.36; marks, 1.86; Bwlss cables 16.89, chocks 16.84; Del Blan cableH 7.17, checks 7.16; poaeta cobles 14.77. cheoka 14.76; Stockholm cables 20.40, checks 20.35; Chrlsttanta cablro 14.30. checks 14.25; Copenhagen cables 14.20. checks 14 16; guilders cables 31 H. checks 31 VI. YESTEIIDAT'S FINAL QUOTATIONS Btrllnc France Llr; au'Wor; Demand .... 8.62ft 0.74 4.82 81.87 Cables .... 8.03 6.70 4.84 81.50 TODAY'S OPENING QUOTATIONB Stnrllnr ICrane Lire Qulldtra Dtmand .... 8.81H 0.71 159.. ?.?? Mm . . 8.0Z 0.7; Atur July. I Juna, Aiay, Apr , Mrh . Feb., Jan , Doc. Nov.. Oct.. Sept. Auir., July. Tune, May. Apr., Men., Feb.. Jan., Dec , Nov , Oct.. Sept. Bept . 1010. 0.522,584 CabUa 0.72 4.00H 81.37 MONEY-LENDING NEW YOnK Money on 1020 11 IIS if H "e . .522,684 11 20.10 lit Sir Au,- 1B1" 0.880.357 1030 1 1,040:400 kJuly- ; .B03.62 1020.10 850 747 ,une- 101fl. 0.640,458 IHZ0 0.S02 071 May Apr 1016. 0.1)37,7118 1020 11,0.13 nsi Pf Jgin. 0.820,651 1020 I) 2M5 441 J!0'1 JO"1- 0.031.001 1010 s 2115 .-inn 5b 1010 .B8.oo 1010. 7.022.767 iUlt). 7,800,330 1915. 7.180.4KT 1015. 0,165,452 nun t int. in,. Jan. lOlo: rt!472:MH B00 101O. fl,2R4,(l3- 5f.v- 1111,1 n inn nn Oct . loioi 5:57s:noi ePt. "is. 5,317;18 1010. 4.802.BBR AUl.. 1015. 4.009.45.1 1910. 4,282,810 -i"1?- 1015. 4.02K.640 1010 4.300,1105 "". 1016. 4.678,10ft 1010, 5,480,572 i!y. 1016. 4,264.508 luiu. n.010,787 Dr.. 1010 0,034, 208 Men.. 1018. 7.370,153 b., 1018. 8,124.608 Jn. 1018. 8,68,2fis Do.. 101S. 8.207 fin Nov . AUB.. 1018. 8,760,042 Oct. uJnn, 101R. 8,018,800 Kept. way, hub, 8,337,028 Aug-., 1U18. 8.741. SKI JU V. 1018 0,050,400 June, 1014 1018. Ii,2ii8,453 May. 1014 BOSTON BANK SUSPENDS Prudential Trust Co. Taken Over by Commissioner Allen Boeton, Sept. 10. The Prudential Trust Co. of this city, with a capital of 1200,000, was taken over by Banlt Com missioner Joseph C. Allen today. The troubles of the bank are not con nected ln any way with those of other banking Institutions recently closed by Jilm. me commissioner saw. Formally, Bank Commissioner Allen announced only that: "Undor tho au thority vested ln me tiy law, I hereby take possession of thn affairs and busi ness of the Prudential Trust Co." Sub sequently, ho said, tho bank had been subject to steady withdrawal of deposits for somo time. "Their loans are not ln (rood condi tion, and Include many bad and slow loans," he ndded. The company showed assets of 12, 978,342 In Its trust department and of 1871,837 ln Its savlnKs department, In tho last regular 'examination of its ac counts, mnde last November. The bank commissioner said It was a special ex amination which revealed conditions that caused him to step In. John M. MoNameo, president of tho Prudential, said he had no statement to make regarding tho closing. Tho bank's savings department has been patronized to a large extent by department store clerks and offlce workers. Anr. Men.. Feb.. Jan., Dee., Nov., Oct.. Sept, Auk , July. June, May. Apr., Men.. Fob.. Jan., Dec. Nov., Oct , 1015. 4,162,244 1016. 4,253,74 1015. 4.843.871 1015. 4,248.671 1014. 8.880,648 1014. 8,824,502 1014. 8.401,007 1014. 8.787.007 1014. 4,213,381 1014. 4,168,080 4.032,857 A ana 'jaa " 3S!i' 4'277,008 Men.. 1014. 4.051.825 Fob.. 1914. 6,026.440 Jan., 1014 .1,613,080 Dec, 1013, 4,282,108 Nov , 1013 4,800.847 Oct.. 1013. 4JS13.707 5.003.785 n. 223,408 1018 0.477,883 1017. 0.881,716 1017. 8,307.106 1017. 0.000,675 1017. 0,833,477 1017.10,407,040 10ir.10.844.lftJ 1017.11,883,287 Sopt,, 1013 1017.11,880.601 Auir.. inn ISH-.'MJi'044 June, 1013 6,807,817 iniHHJS'SSI May- 10,a- 824 822 1017 11,47-1,04 A Dr.. 1018 A 07ft 7A4 lOlOll'o&nJS H?" ":"" JUIO 11,058,642 pVb. 1018 7 flsn li 1016 10,016,200 jn,-, JSJjJ: HaoJ Today's Range In Liberty Bonds 18.60 18.47 19.60 tK.45 COTTON MARKET New York, Sept. 10. The cotton market hod a weaker opening today nt JV5 to (VS points net decline. In addition to weoK cables, senumem was innucnceu hv n further dron in foreign exchange. easier south .Atlantic spot-roarkots andtL actfve .aclllnif for southern 14 .TTrKi RATE8 call, both olasea of collateral, opened today at 7 per cent for lending and renewing. rnitADKUiiiA Call, 6 per cent: time, 6 per oent; commercial paper, three to six months, G per cent (Note These are merely nominal quotations, as the legal rate of Interest In the state of Pennsylvania Is fixed nt per oent Plus premium and commis sion time money for thirty to ninety days la loaning at 8 to 8H per oent. while commercial paper from three to six months ts being offered at 8 to 8 per cent.) Liberty 8s ... Liberty 2d 4g ., Liberty 1st -Ps Liberty 2d 4 Ms Liberty 3d -l'is Liberty 4th 4Vjs Vic Notes .TKs . Vic Notes 4-y.s . BANK CLEARINGS Dank clearlnra today compared wth cor 02 .I.... ..1HO. v ..1018 eajpondlnir day laat, two rar! High 00.04 84.00 85.00 85.08 88.00 85,20 1)5.44 05.44 (N. T. time) ins J: m 00 84.00 85.88 &5.04 88,50 85.24 05.40 05.42 T.ow 00 84.80 85,82 85 88.50 85.20 05.4Q os.au We Specialize: Foreign Securities Foreign Currency Foreign Exchange Correspondents in All Principal European Cities Opening Rates Foreign Exchange Cable Check Currency England S3.52fo 3.62 13,(1,1 Hterllnr Framw fl.75o 0.74a 7.0to Franca Ocroi'y. 1.88c 1.H7Q S.OQo Marka Italy. 4.58c 4.37c 4.68c Lire llelllum 7.18c 7.17c 7.05a rranea hwltm'd 10.42c 16.41e lB.OOo lYants Hpaln,, 14.83e 14,82a 15.50o I'eaeUa (lri., lO.HOc 10.70c 11.50c Druclimaa Kuma'tt 2.18 2.17e t.83fl Ui Cie'o-H. 1.56c 1.55a 2.10a Kronen Jiko-H. .Ofla ,05e l.OOo Kronen- A nutria .44c ' ,48a .6fle Kronen ll'limiry .30o .38c. bQo Kronen Kuaala 1.87"itoMfg Morton Lachenbruch & Co. UNI IHMt IIUKI., nilLA, Tel, Spruce 881. Itaco 6030 New York Chicago Detroit l'ltteburgli Olficta interoonnecttd by irivaU viirtt nern mnn ,'-ry'o'" ..MM""! lUWji2 liW, tr ,T,.r , Pope Receives 8cranton Prleat Rome, Sept. 10. (By A. P.) Among those received In audience by Pope Benedict today was the Ilev. Francis Kasaczun, of the Scronton, Pa., diocese. The pontiff evidenced -great in terest In the Polish population of the mining districts in PennHylvonia, and Inquired after their religious and eco nomic welfare in America, AR SILVA B"y" was Hd'ihljirlier In London Open 8:30 A. M. Till Midnight for Receiving Depoalta and Cashing Checks t.Cd nttM()tetai rriiiiKunwis GOVERNMENT OF FRENCH REPUBLIC 8s, 1945 Boenning, Garrison & Co. Stock Exchange Building Philadelphia Members Philadelphia Stock Exchange STOCK EXCHANGE SERVICE Rapid executions of orders in Philadelphia, New York and 11 principal markets. "Fortnightly Finnnclul Review" of tho market aent regularly to clients. Intelligent analysis of Financial News. West & Go. 1417 CHESTNUT STREET Uambars Bell, Spruce S50 pJXJ";. Keystone, Race !900 Bought, Sold or Quoted r Crew Levick First Mortgage 6 Sinking Fund Gold Bonds of 1931 Empire Refining First and Collateral Trust Sinking Fund Gold Bonds of 1927 Empire Gas & Fuel First and Collateral Trust Sinking Fund Gold Bonds of 1926 Henry L. Doherty & Company 604 Morris Building PKiladelphia, Pa. Telephone! Locutt ma EMPIRE GAS & FUEL CO. Secured, Convertible Sinking Fund 6 Notes, due 1924 Com,.,.. njj ,rnlnf.thOBT.rrT. time. "Moody,iAnaly8es,,RjtetThejoNotes"A" Price to Yield 10 P articular t on re que it fflr Martin & Go. f4HWalnutSt. rhUitdehtU COLUMBIA GRAPHOPHONE MANUFACTURING CO. Five Year Sinking Fund 6 Gold Notea Due August let, 1925 Net Current AaeU Over 3 1-3 Timoa Note Isaur. Net Earning Over 6 Timet Interest Charges. 100 and Interest to Yield 8ft MOORE LEONARD & LYNCH CUSHMAN NEWHALL MAVAOITO 1429 WALNUT STREET UnocN Uotel BUt. New York ' rlttsbnrib ill Fritk Droadway Hulliln u Earn ens KIIW TORK. PlULADBLPinA AND FITTODUnOH STOCK KXC1IXNQE3 A Comparison of Listed Rubber Stocks la the title of our current circulat, Sent on request. HEWBURGER, HENDERSON & LOEB Members New York a& Philadelphia Stock Exchange! 1410 Chestnut St. X Baltimore & Ohio R.R- 10-Year 6 Secured , . Gold Bonds Ttnn Tnlv let 1070 Yielding Over 7j nt Prest( U Alaruct l'rlccs Townsend -Wheleii' & i j H i ysaBrn 'OOO OrUtuBrjTi AV1VUt.ftlu uumimi sine jtuji aiaa,, rmic 5 ,JU - j iV 5 e- r ..lft. .4I-,Ji tJn'i7Litt.ZiJiEi'. M5S .mil
Significant historical Pennsylvania newspapers