aWWWRKW . " i - 'V v j k EVENING FCBLIC LEDGER PHlfc'AD'ELPHI A,' TUESDAY, SEPTEMBER 21, 1920 1 , SJLEibfi www i . 20 -w . !3" Si? fc r ' 3 ,1 fc ii m WW A3 nttw ix-fl nv n - ' HWHf W M 1 'I I" SKMtfJ r.'iiMi tiiiii 1HVT lii : I. I t .Vt 1- $RIFFlTHsays: e ,'1 consider 1Vy Down East' the frrreatest photoplay producd from iwy .studios since The Birth of n Natlon,' This plcturo alone should .yield gross arcings of tit least ilJ.OOO.OOO to D. W. Grimth, Incor TO On such ft remaikable scale of operation uriniin emimaiea nu com pany's net profits nppttcableto dlvl. .denda for one year ended .limp, ,1931. to be In excess of Jt. 600.000, tpr "more than eight time the pref erential tuviuenu on tne v m-rs i shares." We are extending to the public Jhe privilege or sharing In the vnraflth nf rlrlfTllh'n remarkable or- rE.nlzatIon, producers of the world's greatest successes nnci noiri'ng in ' terest In the fl'm releases of Mary " PIckford. "Doug ' Fairbanks and i Charlie Chaplin, throush our offer ! lnr of 1IS,01(i Clars A shares if i D. W. GRIFFITH, INC. AT $15 A SHARE i full particular rnt o leojft Scott & Stump Investment Sccurltica Stock ExcltartKo Buildiits Philadelphia. Ta. .rnMAMITH IN ODD lOTt 'New lorli nml IVmlesrllle, hf inhere burg, rolttn and nrrlMin, fa TREND OF MARKET I NEW Y0RK stock exchange transactions WAS UNARY Number of Influences Contrib uted to Koop Prico Move ment Unsett'od An Attractive Railroad Bond Wc suggest for con servative investment the collateral trust bonds of the New York Central Rail road, due September 1, 1930. Market value of collateral amounts to 125 of the par value of this issue. Price at the market to Jji'cJ over 7r'f Bonbright & Company 437 Cheatnut Street Philadelphia IS'tw Yorlt Boston t Chicago Detroit I I A Compltt INVESTMENT SERVICE Specialists m OHIO MOTOR AND RUBBER STOCKS ACCEPTANCES BONDS STOCKS k CORPORATION FINANCING Members of N'w York Stock Exchange OTIS & CO. Investment Bankers CLEVELAND Boston Detroit Cincinnati Columbus Akron Younustown Denver Colorado Springs Toledo 1 New Yorlt. Sept. 21. While show line Rood powers of digestion and ab-' sorption and at 'Intervals good reenpei-a-1 tlon. the underlying tendency of today's stock market continued reactionary. While this was looked upon by many 'is a natural backset to the rcrent hull ish demonstrations, yet there were con tributing influences which iptiiblurd to I .ep the price movement unsettled und "ii"i-iiiracc wider aggressions on the part i th bear narty, On of the more disturbing factor. a, an utivtlfed report that the Gov ernment v ill ulibdrow a substantial, amount oi' r-oucj out of the banks this week. Another was the ratVr sensa tional nnnnunreiiient niado by Henry I'ord. etablshlu a prewar basis of .prices for the products of his plants im- i mediately. Still anotlier was the re-1 ports of the further heavy leying off of n'n in the motor acoesrory lndur.tr" In the Middle AS'ert. At the same time. nervoiviio, over the rcivnt eploion In ihe finnncinl distiict cut fonie fiirurc, h'' the volume of buslpejs wus re duced naterir?llv by reaon of the ob- , sramc of .Trwish holiday. i Mnit all the aetic issues were under nrc.oiurc at the o'ltxei. oils and niotot rcce.orien (iipl;, hi? murkeil weakne. with Kclh -SprinRtield Tire Kiifferlnc a precipitate dfline nf'7 points. Til" wliol" t,i i 'ket, however, bore marV.s of .i coticcrfil rnid and luitia! Ios.ck m " an ccve were materially eitcnde'. It was "id"nt. Iiowcmt. that these drive were forcing a relatively stu.llt ' iimnun: oi' tent liquidation, and appar ently dNIndRcd comparatively little .'one !-toi'k. In the nieantiui" the predicted money flurrx failed to mnterialire. The call loan renewal rale mik agHiu tied at 7 pri cent and. nrenrding to the boaid. reports Hiup'c iiiiiiN we-c cm linml to supply all reo,uirements. At the fame time while the early quotations for foreign ox chan;e pointed to another selbnek in Ibe Rritish rute. pressure In thi? quar ter likewise relaxed, Suppleinentim; these more encouraging pgn was Ihf anoniricemeni of Ihe arrival of an ad dltinnal .tin nivt.nrwi 0 gold. rinding thej were making n" head way to speak of. the mere active nieni. here of the bear party promptly eblfle.1 po'ition und made a hurried attempt takr in a larger part of the short lines i put out at the opening. This wns fol 1 lowed by a general scramble of the shortK and the trend of the market wns quickly reversed. Among some of tli closely held pool issues the rebound was i Utile snort oi fensaiionai. v. ni-'ime Stol, after falling 1 '; pointH. rebounded jljii points. Mexican IVtroletim. after declining 2 points, jumped over .'I. These I demonstrations effected a recovery of t . ' to X taints in oils, rubbers and equip-1 ments. The fiw consisrenth strong issue j ' included American Tobacco. Uctail Store. Oreat Northern Ore, American iSmiltir.g. General Klrctric and Amert- can Hide and Leather preferred. There were only nominal changes in the ra'nn until after midday when they agiu i ' asserted their recent leadership at gamn I of I to 2 points. The recovery nnsl inomenlarilv stuytd on the announce- I ment of the passing of the Central! Leather common dividend, that stock ' breaking ,T points. In the early nfler- J noon tb" recotcry movement was started agalc, but price ti)oement continued , htghlj irregular. ' J'bc irregularity continued uutil the Ust hour when the selling acsumed (wider proportions,, representing more I aggressive drives on the part of the bear contingent coupled with continued ! free profit-taking. The steels, equip- , ' ments und uioUirs were offeror more , freel than the rest of the list, but everywhere selling pressure steadily increased, making the final prices the 1 lowest of the day. Div. S.1.M 111 Ml 3001 1109 no too 300 ion 1199 I0S svn .no toos -.99 1100 300 100 1309 1700 100 60)0 400 10i 309 1I0.T 09 tooo 101 MOO 3000 s 1(00 309 1100 1009 IMA 1 MIXED CHANGES jy LOCAL MARKET j We It ceo ni -net id tor Iri.-tme'it j Pcnna. Water & Power Co. Stock Ono of the largest r dro electric plants in tne world. Low operating costs Vn coal required ajid minimum of libor Fumlshlnsr Balti more, Md , and Lancaster, Pa., with ectrlc energy Dividend Increased Oct, JOU, from 5 to 6 DMdend tncreaied " , 19;n, from to 7. Successfulh' openitcd for more than lb years It us explain the advantage of h(!ro.cectr!c securttn t JosepKW.GPoas&Co. 1421 Chestnut St. Aldred & Company Street Favorably Impressed by More Conciliatory Attitude of Traction Interests It's Not an Individual you arc dealing ith when the BervJces of this com pany are called on, hut the combined ability and knowledge of our holp personnel, which includes a board of directors of broad experience. Real Estate Trust Co. Broad and Chestnut Sts. The local financial community was favorably impressed by the more con- I ciliatory attitude manifested between i the Ilapid Transit and I'nifon Traction ! interests yesterday to meet problems I confronting the operating company. I This, however, found little or no re- ! fiction in so far as the market for . " "-- ....,..,,.,,, iv - nut' prices for both the Itapid Transit is sue and the underlying securities was steadier, but the dealings, with the exception of Ilapid Transit, were of a perfunctorv nature There was a fairly good round amount of Itapid Transit to change hands, most of which was I taken at 1.". laet ulght's final price, although during the morning the price i shaded to 1 l. The larger dealings in the local issues - were supplied by Philadelphia Klectnc. in vnion mock mere was a considerable! turnover between 20 and 20'i, which from all indic.it'ons represented largelv1 continued shifting of position by manyi of the holders of the old, now the com- i mon, ork. Further improvement in the mining' situation accounted for the ontimie strength of Lehigh Navigation, which was takeu in good amounts nt (II 'f, nrl thereabouts Pennsylvania Hallrond and' I ehigh Valley were inclined to sag and I suffered fractional rcce-Mcns. Dealings Adams Kxnrss... .. Alaska (laid Mines... V?i Allied Chemical & Dyu l?i t Allls-Chalmerf MJi Am Agrlc Them 88?4 o Am Agrlc Chem of... KC'i 10 Am Bo'oh Magneto... 83 4 Am B Shoe 4. Kdy new MU . . Am Can -?s : Am fan pf H IS Am Car & Kdy'. 14 so Am Ttur Sj-n 10 6 Am Kxprcs-j tltj .. Am Hide Leather.. 13 ; Am Hide & Le.ither pf 70! Hleh Low ?0?4 3Va 6 Am Internat (orp.... ?' 7 Am Llnssed pf 84 9 Am ljcoriollvo 7 .. Am Safety Razor IB .. Am Sh,p & Com 19 4 Am Sme'.t A Uef .... i4 5 Am Steel Koundrles. . 3?M 7 Am Sugar Hef HI 7 Am .Sugar Uef pf US 10 Am Sumatrn Tob tOS S Am Tel & Tel N SO Am Tobacco IsUi s Am Tobacco pf now, . 0OS SO Am Tobacco n 130 7 Am Woolen 81 i Am Writing Paper pf BB 4 Anaroaria Copi5 3SJi .. Atlant'c Kru'.t 20 Atch Top & Santa Fe H4JJ .. Atlanta Blr & Atlantic OJi 10 Atl Gulf W 1 S H.. 13 4X403 3.80 Baldwin Locomotive. ,UU 30l .. BaJtlmore Ohio 44 100 4 Baltimore A Ohio pf . . 209 s Barrett 13B I0J Bethlehem Motors .... W "00 s Bthtehcm Steel $i pfiosti 4109 j Reilileheni Steel B.... 77i 100 . Booth Fisheries 7H 100 . Br:.im Rapid Transit. II 100 Brkln n T ctfs of dtp Ji 100 Bute & Superior Cop. -'0 100 to Burns Bros 94t,; 310 . Uut e Copper A Zinc. "!5 MOO .. CudJd Centr.il A n 18Ji 100 s CAfo-nu PaeMnc . 87Ji "OJ . C'a'lforn.a I'etroleuui. . 30 V'OO io 'MnadMii Pacific: ...irj-H 41890 Central Leather. .. 10? 790 4 ( e.-'o de P.isco C'.p . 14 1000 to Cininler Mo'ors .... S5 J410 4 rMe3poiil.e A Ohio... R' 4903 Chlivigo A Ut West. . I2 4BD0 ; 0"ilcasto A (It West pf 0 1190 .. Chicago Mil A St P.. :t8 -'100 .. Chicago Mil A St P pf 47ii 100 ; Chi A Northw'Stern ntlOB'J JOO Cbl lieumat Twi.. 82'i ilOO .. nil It t fc Iac .ISM 200 Chi It 1 A Pac fi, p. 400 ; Chi U I A Pac 7 pt 79'i 050 .. Chi'e Copper 14K Jl'i I.S0 Chuio Coppr 38?i I7.19 4 Coca-Cola 34 !i 309 Co, A Southern 39? 300 f, Columb Oas A Clec... C 1709 I Col Oraphopho-ie. . .. 24t; 209 ; Contolldsterl Cigar. . . 7A?i; 390 1 C-onfolMuterl r,Kn . . SO'i 109 : Con Intersta-e Ck s,t. 9'i 200 3 Consolidated Textiles. 29' 390 i Coitlnent.il Oandy.. . I0JJ 2409 4 Corn P-oducts R-f. . .. 8tj 200 : Corn Products IW pf.lOlj; 600 2.50 Cosdea A Co 30i 14100 3 Crucible Steel 133'5 2B0O . Cuban Cane .Sugar ... 4011 7 Cuban Ainer Sugar... 43Ji Davison Chem.ca! Co. 38 . lVUwuro A Itudeon. ,10.1 10 Pel Lack A Wertem.,242 100 800 100 100 1490 3200 100 400 300 109 14109 3000 700 too ISIO 400 300 500 too MOO 18000 300 1AO0 300 1390 100 100 109 399 200 1790 1109 200 100 800 300 1000 200 600 200 200 2709 800 200 2200 200 1500 109 1200 too too 4190 200 800 2309 8"i 100 vim VA B9 . 93 . 1IT4 . 2815 . 70 M . 20 . 2&S . 2i :4 .too?; . -'6 . 53'i . .', . OS . 82 .143 .. 21 S . oiH . 3S - 36)4 . 79i . 27 K . 10 . 12 Denver ft nio Qr.inde . Dener A nio G rf-. a r'Urolt United P.v . . . 1 Dome Mines .. 171 It Horn Coal 3 Hndlcott l-Johnaon .. .. r.rle. .. Hrle 1st pf .. Krle 2d pf 10 TBher Body 8 Flsk Itubber . . Freeport Tcias . Gaston Wms A Wig. a General Cigar 7 General Cigar def pf . s General Hlcctrlc l General Motoru 6 Gen Motors ""0 pf.. Goodrich B V 4 Gt Nor Ore ctfa 7 Great Northern pf . . SO Green Cananea Cop. ,. Guantanamo Sug Co, . . Gulf Mobile A Nor . 4 Haskell A Barker Car 80'i .. Hendeo ctfs 27 .. Houston Oil Co 114 U 1 Hupp Motor Car 1H 7 Illinois Central 90 4 Inspiration Con Cop . 48Jj .. Inter Con Corp 4 6 Int Agrlcul Corp pf . . 83'j 7 Xntt Harvester new. . .118JJ 7 Intl Harvester pf 108 .. Int Mer Marine 2474 6 Int Mer Marino pf . . . 78H 7 Int Mo Truck 1st pf . . 77 .. International Nickel.. 10Ji .. Inter Paper N2U 5 International Paper pflOl .. Invincible Oil Corp... 3V5 . Iron Products .. Island Oil . Jewel Tea, .. Kan City Southern. 4 Kansas City So pf 8 Kaveer A Co 4 Kelly-Spg T X Kelly-Spg T 8 pf. 2 Kennecott Copper.. 1.20 Keystone T & It... 6 Lackawanna Steel.. . . Laclede Gas of St L . . Lake Krlo A West. . 300 3.50 Lehigh Viilley... Total fule 7SH.K00 nharos ikl wc-k, K33 200 hrel . 441 . BH . VA . W). . 48& .133 ,. 73 . 94 . 'SM . 18!i . BSU . 38 . 14'i 4M 80U 3i3( AS 8IJ 81 H 3M OH 133 Ji 13 1 H 12H CtR' 76JS 84 MIS 115 lfi 02;, 37 10914 IBS 89 8!i 129 5v 0 J 127W SO 39 4H 10"j 84 sr-o 140J-S 112!, 4l!& 51 130 rii too'-; 7 VA 11 OJi 20 M V-i i'.H 7 Vt 30 121 464 43 S2 CA It 2s 37 :t ;o'; 100" 82:5 rs s5 7 14 s4 29 'i .'3 3t oS 23 H 73'i SO'i 0") 2r'; ioja 87 7 101 39J4 12 H 38 M 43J4 37 195 24014 3 "4 C"i 3 1194 23 !i 70M ton 27 2IH 100M 25; 23 8!i C4t 82 14jtj 20t$ C9 52 34 H 70 27J 19 13 88 27 till, is;i 90 48 4 ru; 116ft 10C 24 J J 7S 76 ltH 81 H 101 38 44j C'i 2IVi 40J5 103 68 B3i; i&U l 8 36 M'5 40tf Tei)y' N'tt Cleie Chge. S6!- IM- 14 con- V 35 14 86 - 1 8015 W 83U- 1 5iH- s! J - us 1 0!S- in 133H- H4' - i , 18W- I'd' 13 - H j 70ft 4- ti:' 77 - ft 84-2 DJft- IW ' ISH- M ift- ! c.-. - i ! 37'i Hi HOi- 1ft 1 10J - 1 90 - J4 l30;.if ?i 1 90-r ft1 128ft 1 34 , M - 1ft l 59 - 1ft 5 - ' 1 20 -- ft , MS 4- ft1 9 - ft 150ft- ! 112ii- IS 4i:- ft i'.t Sitei in I 108 U Lleeretl t, Mvers . . Loft Corp 1H 3 Loewo Co 31ft 7 LoulsUlls A NashvlllelOlft 6 Mackny Cos 63 4 Mackay Cos pt ft 7 Manhattan Kiev guar. 42ft .. Maxwell Motors 8ft .. Maxwell Motor 1st pf 18 .. Max Mot 1st pf ctfs.. 18ft 13 Mexican Petroleum... 'lOBM 2 f!aml (""nrtner . ... 2014. 14909 i.eo Middle States Corp... 16J4 'TJ 4 Mdvao Steel A Ord. 40 4 . Minn A St Louis .... 194 7 Minn St P A S St M.. 79Ji 7 Minn St P A R St M pf 90 . . Missouri Pacific 28 . . Missouri Pacific pf... 48J, .. Mo Kansas A Texas.. 7ft . . Mo Kansas A Tfx.is pf 12 . Montgomery Ward.... 3311 . . Nat Aniline A Chem.. 83ft 7 Nat An A Chem pt... 88ft .. National Con A Cable 8ft 6 Nat Enamel A Stamp. 6lft 8 National Lead 75 . . Nat It n of Mex 3d pf H 1 Nevada Con Copper. , 1?4 ..NO Tex ft Mex 10 New York Air Brake 8 New York Central . . . . New Yorlt C A St L. 100 2.S0 New Yoflt rwlc SI00 tlftft tl 800 8 I IB9 209 109 100 1800 09 200 28500 339 300 300 25 809 BOO 110) too 3709 890 19 100 300 300 100 too 390 209 C390 300 1ft ft! "i y i 127 54-1- tOSft - 76ft 7ft II - 8ft- 20 4; iki 7'S - '4 j 18 J- ft j 67ft ft 30 - ft , 131 H ft 47 - 3 I 43 - 1 I S3H- n Jft- ft j 12 - '; 30 -1-2 ' 37i- ft; ui' - :i KlOft 4- 1'j I 82'; 2ft '4 ft i ft ' ' 3' 4- ft tiRft 70 2894- 1 34 - ft 28'i 58 -i3rt -73', SO' 4. Oft 29 ' i - I I0?i I 87 - I H 101 - ft , 3H- ft 130 -t 't 30 - 2 , 43ft- 1ft j 88 -r 1 ft I 105 . I 2ioft- oy, I 3ft 0ft . 83 . . M'i-r 23ft ft t 31 row i 20'4-j- m 27M ft SI-H ft 100J4- ft 25ft- ?4 33 8H lfty 82 143ft fti 20 ft - 1 14 69 ft- ft K- I ft 35ft f 1ft 70ft A ft 275-i- ft 19 ft BR -1ft 27 1UH- I J4 2100 809 200 400 400 31009 799 1090 1600 200 11200 too 1000 300 1800 100 80) 300 3600 7909 1300 700 33)0 200 109 810 12300 603 103 590 2100 B79 m 0710 4U90 1900 309 3.700 2.-.00 200 413 809 100 200 700 1389) too 13813 100 12403 1000 20 050 100 100 2000 13300 1400 100 too BOO 14200 800 1300 3700 7800 200 5300 4709 3290 500 55 95 77ft 40ft 27 . . New Yorlt N II A ".. 3!i 1 New Yorlt Ont A West 23 7 Norfolk A Western... 7 Hlah Ls- .UU 144 14 ft 21ft 102ft 63 S9ft 43ft N 16ft I71i 191 29 154 39ft 154 7 ItO 37 ft 48 ft B4 lift 33 83 ft 9 8ft 60 ft 74 ?4 5ft 13ft 55 4 54 !? .Tly' fl Clmo Chge. 14134- ft ft . 21ft- ft 103ft f- I 62 59ft . . 3ft ft 8 - ft 17 - ft 17ft .. I94ft4- 3 20 1554 30 ft- 15J4 7ft 90 28 48ft 7ft 13 33ft 8ft ft-ft-55 J 5 4- 76 - Netv York Curb H ft ft 'H '"ft "' 154 14 ft ft ft U4 ft 7 Northern Pacific 80ft 40 Okla Prod A Bef ft .. Otis Steel 23ft .. Orpheum Circuit 2894 B Pacific Gas A Htcc.l. 47 8 Pan-Amer Petrol Mft a Pan-Amer V. 88ft . Penn Seaboard Steel. 21ft 8 Pennsylvania It U.... 4214 .. Peoples Gas Chleaso. . 34ft .. Vtre Marquette 27ft .. Pere Marquette pf. .. . 49 .. Phillips Pet 38ft 8 Philadelphia Co 37ft .. Plercj-Arrow Motor.. 38 8 Plerce-Arrow pf 89 .. Pierce Oil U's 8 Pierce Oil pf 8ft 0 Pitts Co.il 8ft .. Pittsburgh A West Va 34ft 1 Pond Creeit Coai 17ft 8 Pullman H3ft 3 Punta Aleirro Sugar.. 80ft 4 Puro Oil Co 38ft .. lUnd Mln Am Shares 34ft 1 Tt-iy Con Copper 1H 4 Heading 2 Heading 1st pf 45 2 Hearting Id pf 40 .. Hemlngton Typewriter 68ft ,, Ttplo Steel 81ft B Republic Iron A Steel 83ft 7 Republic. Iron A Stl pf 93ft 4 Republic Molorp 29'j 5,20 Ilojal Dutch N Y.... 87 .. St Louis San Fran... 28J4 . . St Iuls r-an Fran pf 434 . St louls Southwest... 33 .. St Louis rtouthwest of 43ft .. Soxnn Molor 6ft . Seaboard Air Line .,. B( Seaboard Air Line pf 17 3 Sears-Roebuck 137 .. Shnttuck Arizona.... 34 .74 Shell Transport 5334 .. Sinclair Oil 34ft 8 Sloss-Sheff . '. 70 0 Southern Paclllc 87J4 r.O South Porto Hlco Sug130 .. Southern Rail 29J4 5 Southern Rail pf . . . 63 20 Standard Oil of N .T..C50 7 Stand Oil of N .7 pL.lOift 1594- ft 90 4894- I 4 81ft- 2J4 116ft 2 108 24ft- ft 78 ft 7734 4- 154 10ft 4- ft 81 34- ft lOlft-v ft 38 - ft 44ft 4- 34 64 4- ft ft ft 21 94 -- ft 46ft- 1 103 4- ft 70ft- 4ft 93M- 1ft 2SJ4-..ft 10 - 34 6S - 34 36 14ft- ft 49ft 4- ft Steel Tubo Co pf . . . 8- 4 Stewart Warner bp.. 32ft 4 Stromberg Curb 71ft 7 Sludebaker 64 j .. Huperlor Oil Corpn... 20 6 Superior Steel 53ft 4 Temtor Corp A F "A" 40ft .. Term Cop A Chem.... 10(4 3 Texas Co 63H .. Texas A Pacific 38 .60 Tcxna A Pac C A O.. 41ft .. Times Square Supply. 20ft A Tobacco ProductH 70ft 7 Tobacco ProductH pf . . 84 34 .. Transcontinental OIL. 13 ft .. Hnlon Oil 30ft 10 Union Pacific 124 4 Union Pacific pf 6334 100 3.50 United Drug 1st pf . , . 47 300 15 United Fruit 205 . United Rwv Invest... 11J4 . Unl Itwy Invest pf... 25ft 3 United Retail Stores.. 1234 . U S C I P A Fdy. ... 13 8 U S Fond Products... 0ft 8 U S Inrt Alcohol 8694 8 U S Rubber 87 8 U S Rubber 1st pf... 10794 BUS Steel 90ft 7 U S Steel pf 106 6 Utah Copper 65ft . Utah Sec 8ft 6 Vanadium Corp 70ft . Wabash lift , . Wabash pf A 304 , . Wabash pf B 20 , . Western Maryland.... 144 , . West Maryland 3d pf 20 4 . Western Pacific 33 7 Western Union Tel... 83 4 Westlnghouse 13 & M 48 . . Wheeling A L B 14 ft . Wheeling A L B pf . , . 25 Wick Spenc Steel Corp 31 14 46 461 27 27 ft 34 54 35ft 4- ft 21ft 22 4- 34 SI 96 - 1ft 78ft 79ft - ft 4 4 - ft 33 33ft ft 28ft 28H- 34 47 7 03ft ft 97 ft 87 ft 4- ft 20ft 21TS4- ft 42 ft 4394- ft 34 34 - 54 26H 27 4- ft 49 49 4- ft 38 38ft 4- ft 37 37 ,18ft S8ft-.lft 89 89 - ft 16 15 ft M 813 67J4 68ft 54 82 ft 33ft 4- 14 1874 UM4- l4 112 113 1J4 79 79 4- 1 39ft 3914 34 24 ft 23ft 3ft 1634 15ft- ft 3ft 4 - H 43 45 - 234 49 48 - ft 57 67 - 1ft 80 801 81ft 82ft- ft 83ft 93ft ft 28ft 29344- 34 85 85ft - I 2734 21ft- ft 41 4ZH4- 1ft 31 3234 4- 154 42 43 4- !!4 6 6-14 84 834 4- ft 15ft 10ft- ft 137 137 ft 9M 8J4 . 53 ft 6354- T4 3.1ft 34 - H 70 70 - ft 9o;4 or.ft - 34 I33 130 - 8 29 2094- ft 6?ft Ca 4- 34 OMft 6f4ft- 3ft 105 105ft .. S3 98 -J- 3 32ft 32ft lNDURTniALS '8;h Arm) Call 2-. A ft rift liTpiCtlVfS .. 1 1 i TvSw Last I I nf t.ffflit . .... ft i'I 'rtn Mlrmtn 1ft ( oni"? i lnioii . ;! cciumtr i Limeraia , . . . o '4 (lnrl Aiplmlt ursp on arspe Ola prat ........ Ittrcutea rpr Indian IMcklne , IOcomo'jtln N J Zinc North Amer 1'aptr Ntt'l City Tl.ink rts Perfection Tlr Itndlo Com lladlo Com pref ntpubllc Tire nub n J neyuolds (new) U ... Huhmarlne Hoat .sweats Co Triangle Pllm ........ U B Utah flowd Tool ... U H Steamboat t'nlted front flhirlnc. United Retail Candy..., Wayne. Coal 63 3 i H14 H r 10 10 21", 21 6U ' 60 00'! 4 4 a , as 23U 25 U 170 179 170. ns ni M 103 103 103 1A 1H 1H H 44 1H .'J 2V 3 n 12U 1 ? 2H T 12. 12. ay . a'i STANDARD OIM Vacuum Oil .303 363 365 l "t ? 300 MO 18990 200 1000 1890 7990 100 17300 1300 1800 300 3800 13100 5000 600 18900 4300 890 200 1500 8S0O 1100 800 11800 609 400 1500 690 1 Willys-Overland 4 White Motor 3 WlUon A Co . . Wltconsln Central... t Wortlilnglon Pump. Ex-diwdend. T Kx-rlchtf. J0'4 47 ft 54 34 64 62 S 19'; 5.t; 40ft 10 ft 51 ft 37'a 404 1894 cm; 84 H 13 20 ft 1224 63 ft 47 TJD3 lift 25 70 "ft 59 5ft 83 ft 197H 8934 103 4 Vt 8 68ft 10 ft 211 ft lflft 12 ft 18ft 31 8J 4734 13ft 24 38ft "ft 46 53ft 31 6ft ft 1 54 ft 5 94- 63 ft- 1ft 20 4- ft 53ft - 15 49ft- 1ft 10ft .. 52 - ft 37ft - ft 4o4- 'H 10 -- I ft 6834 - 1 ft 81 34- 1ft 13ft- 34 30 J- ft 133 ft 4- ft 6534 ft 47 4- a 20S-Uft-25 -70ft- 14ft-60-1 fi3- 1 8534- 194 16794- ft 99 ft .. 108 64 - 134 8 - ft 6894- 1ft ftt- I 33ft 1 20 4- ft 1434 4- 254 20J4 4- 354 33 34 83 - 2 48 UK 4- 1ft 25 ft 39ft- 334 14 ft- ft 46 - 154 4 3ft 33544- 1ft 63 - 1ft INDETENHKNT OILS Allan Oil 2 Allied Oil 27 Arltnnau Natural Gas... 13 Boone Oil Sa linjioti .waxieo 2 Carlo 8n ., 14 rillei Servlas 'lt'' ctfa.. 34 running j-eto Poinlnlon Oil ISnttlneere Petrol ... Ulk Hasln Tet Krmeralda Oil '1era Oil Gltllland Oil i.rnnmla O.enrnrk Oil Kay County Oas ... MKliiCfton Pet ljneo Creek , Mldueat Ileflnlnz .. North Amer Oil ... Producer L n-nners rtyan Oil Salt Creek Prod ... Hlrnnu Pot Hkelly OI! Speneer Petrol tin Tea Oil Vulo.in Oil Vlrtnrla Oil (new).. Western Slates , . . Whlto Oil MIXING AI&aka-TVIt Columbia ... Ilia- Ledgv Potion A Montana fated Mining Calumet & Jerome fandflarl.1 Mln Conn Vlrrtnll . Cortes Silver f'reseon Oold Plvldn nxtenalon 11 Salvador Uureka Itolly Mi Mlntm Oold OeeI(,p f!o(!"lM Florcnco Cold Zone , Hecla Mlnlnc Jumbo Extension Iiulelana Co McVamars. Mareh Mlnlnc Mother Iv1 Mother Lodo (new) N'pleslnc onntr sllver , .... Prince Con Ilex Cons Rochester Mines Simon H L Pner a Copper So Am I" A O P iller Lead Tennpah Belmont Tunopah Cuali Poj" Tennpah Kxtenalon Tennpah Ileerun Eula. ... t'nlted Kaatern ivt Knd C White Caps BONDS Allied Paeklnr ii An-.er Tel S.i of "22 Armour 7s Amer Tel 6a 1024 Arj-'lo-Amer 7gB TWIln 4a T'-AnVford "s C.o,idrlch Tire 7a Itamliurr 4'3h Mnrrle T1 e Nat Cloak 8i Soulhvet Tlell Seaboard C.i Slnrlnlr "Ha Southern Ily r... Snlaa 3'4 a Texaa Co 7a Went I-C 7 2 26 12 '1 84JJ ' 8, Oil . 2H a. 24 . an 20 so . jo in io . it'4 2 2 . ! t'4 . 0V1 0 6, it ft A .104 153 153 . 4 .Ti 4 . 0 Oft fl . 21 21 31 . :i8l 334 :my. . ia'4 13 12s. ' . ion io4 ton . 13U 13 13i . i 4 I . IV 1 1, . IS 14 IS . H t H . 24 21 St'4 Security for Credit Managers The credit department of a modern incr rantile concern shoulders financial respon sibilities equivalent to those of a bank-J-but without the security that protects the latter. The American's Policy of Credit Insurance furnishes just such security. It not only insures the credit man's house against ab normal, unforeseen losses, but it insures the credit man himself against risks and unrire vcntable mishaps, and constantly strengthens his standing as a credit executive. Nou; of all times is the time to safeguard, with the American's Credit Insurance, against tne uncertainties of trade. Man ufacturers and wholesalers, write or phone today for complete details of our protective service. X AMERICAN CREDIT-INDEMNITY CO or NEW YORK E. M. TREAT, pkisidint I6SUIS STANDARD UNUMITIO POUCH J t W. J. Morphy, Manager. F. J. McFadden, General Agent, MUTUAL LIFE OF N. Y. BLDC. Philadelphia, Pa. ft 64 1 38 I 1A 7.1 20 ft 61 34 ; i'. o .-. c 4 4 4 41 su 41 4A 4A A 12 12 12 4 't U A l4 17 IS 17 67 f7 ftT ,i"4 .-.', in n io l ' A A A f4 4 4 9 n p i i 1 la 154 ift. li 4 4S is. i 4 i 0 0 (I IS 1A IS to yn 01 3U JA S,V J A 1A 'A 0 8 0 Rl SO SO os4 P14 ova pa rrn on 0.H4 024 on'! no-i no pi IS 14'; 144 21"i 2I. 2I4 4 02U 021; 11 15 IS PR'a 98 PI PR.4 ?fi PSK 024 PC4 024 (104 nn 5.1 4 08 P7'i 074 ni S.-.U psi. 8H4 884 8.14 no nn nn 984 084 084 FOREIGN EXCHANGE New York, Sept. 21. Foreign ex change opening was Irregular. Sterling showed a fractional decline, while other principal exchanges were stronger and Scandinavian was weaker. Quotations were: Demand sterling 3,51. cables 3,,"ls4 off ; : franc oablca 6.81, checks 6.80:' lire cables 4.36 ft, checks 4.36: inarkr 1 1.62; Swiss cables 16.21, checks 16.19, Belgian cables 7.21ft. ehecltH 7.23ft; pesetas cables 14.72. checks 14.70; Stockholm cables 20.40, checks 20.3B : Chrlstlanla cables 13 75. checks 13.70,; Conenhagen cables 13.76, checks 1,1.70 , Korelen exchango rates eased In the first hour of trading. The mnrket gen erally lacked vigor. Demand sterling was C DO'i, cables 3.51; franc cables 6.81. checks 6.80 ; lire cables 4.36, cliecku 4.34 ft ; marks l.GS Central European exchange rates were virtually unchanged from the pre vious day Austria was .44: Hungary. .36 : Czecho-Slovakla. 10.40; Poland, .41 ; Finland, 3.0a ; uumanta, z,03 ; Jugo slavia. .81. TESTERDAYS PINAL QUOTATIONS Sterling Franca Lire Oulldera Demand .... 8 B3ri (1.78 4.37 81.21 Cables 3 54 6 80 4.39 31.37 TODAY'H OPBNINO (QUOTATIONS Bterllnr Tranca Lire Guilders u iiuniniii H SOME FINANCIERS THINK A VOLCANIC BUSINESS ERUPTION IS IMMINENT AND THAT FINANCIAL CREDITS WILL BE SHOT TO PIECES' ITS not the first time It has happened. A period of slow payments and bankruptcies usually follows that of unusual business activ ity, labor independence and high prices. When the tide turns look out for trouble. Then's when you need somethinR more than mercantile ratings and commercial assurances. The "London" guarantees you against loss. It eliminates credit worries, assumesyour losses, pays promptly and without quibble. Better investigate and protect yourself now rather than have regrets later. OUR SUPER-SERVICE LostesRudln American Currency AT YOUR. SERVICE Established Eighteen Sbcrnine LONDON GUARANTEE AND ACCIDENT COAAPANY LTD. R,. A. IRVING, General Agent Thone Lorabird 4016 8Z0 LaFayette Bld, rUlLADELTHIA. PA. -. .M.i.i. 11, 11.111 1. ni. mill 11 ti .,.1 innwaBilHl"""(.... compared with 1023.354 shares yesterdaj Thm far thla we-k 1 75P r, shares Same period Philadelphia Stocks Commodity Markets Kat Close chie, I .11 'j J H'sa Low i Am Strs. fil M 200 Am Mill's 8'i &Vj 3i '4 .V) ItufC & S t c pf... 15 13 !" lOOtConsTci 202 20 Va 201-j-l lOOtCrucibk- Steel .. 120 Vi 1201& 12JHi.. 21-1 F.l Htor.lRfl 135 VA - t OlOKrie ... 20, 10 20 -r , OOenAspU .,. pref .. flrt'l ftO'i IW'ej-r-..l kimV V AM 2S 2S .. tltO Lake Sup 13h 12h 2) tn COTTON MARKET New York. Sept. 21. The gult storm helri the attention of cotton tradeis at the opening of the exchange and firvt nrlies ndvanced 4 to 17 points. The mnr ket pt ew urieans was even stronger, reached. PrivetMcd and cooler wenthM- moimg up about ... points on reports wa8 rf,,ctnl ,.,, nn th lr nil linn VM PJM1AI4 llwi (llli I 1 - . torni uas being Hatched as it might showing any iotcrett in United States wheat. Liquidation induced by ideal weather in tho belt and big receipts carried prices for corn iloim sharply Into new low ground for the season. Nearly all Important shorts had covered and tills made the market ull the more suseent. Ible to helling. Many stop orders were that the storm was due to reach the gulf ront tomorrow. At the end of the nrst fifteen minutes the local market had become strong and WOrK UP into tie Soilthwp. Renter. ber guvp evidence of receiving Mippor't. warn wire nenvv witn tne other :iimi 1 .en Nov. in m l w 7-j- -t in the ran uivisions uere enlivened to, ' 1f, j ,, Vnl ifiV, dO'a 49''. L. I some extent by addition of a number of' ,!i i' Ik v Tr 1 the Veil York stocks. nref 0 "" 0 In the miscellaneous llt I'nited Gas enir n '' ors- 0- 7s: jl 1 I ln,nr.n.nl r..li1,.e,l n Krrn ! ...! MHJIO I .U. -1 I -'I -' 4 T k Itlip, .''., 11. v .'....... ...,v uun lfl Y II I. nil till to .ill'n. nut SnnitlVl vnh.n. "'"-.. .i--, i-l fil oiiHiitlv from that ".notation. Klcctrlc & J.1 .: ' '...t? 'In" ,Hlll l-,1 IV IV. -7S - J Orn 2 3t"4 Hiah 2 40 J j1 AVest Penn I'r. 5s. 194G Knoxvlllc Ry. & Lt. 5s. 1916 Hotel Traymorc tin, 1927 Luzerne Co. Gas & Elee. 5s, 1948 Illinois Cen. Lt 5a, 1943 Empire Gas & Furl 6s, 1926 Municipal Service Ss, 1942 Public Service Ctorn. N. J. 7t". 1922 10ENHIHQ, GARRISON & CO. . rtwm kxchamok Bunrx Btre4 frlnU Tetaohone t New Varti Storage Ilattery on nominal dealings fell bsck over a point to 13.", later ralling to 13ria4. Small sales depressed American Stores 'j to fil GOVERNMENT BONDS CHANBLEJJ&GOHPAir,' Franklin Bamk BIdff. PhiladoIphU "mmm "i 1 ar'tra '"upon L'4 1P.16 lernt-a reclitrd 2" IP.','l I'tn'ima. '-nupon '.'a 1P8S Punama rfrfMire.t a lP.'m r TA -n l rouron 3e IM1 rinimu reafaterert a 1061 I'M Ipptnn 4. "3 Phlllpplni 4 10.11 Vt' ipnlne 4a 103H " h Govt eoupon Qi 1910 . ' K Oovt regUtired 3 1030 f S Ooit coupon 1 I0.M 1' h Oot reilf ered ( I12B D.t of Columbia 3 fl'ia 10J4 I' 'I 01 I'll I'd 101 7R 7B lnpi 101I tnni; So k 10J io: iej io-j o so as i.,-, H.-, 102 10.' inc loa Thl1fl A. WVst pf 28 23 25 1(11 J'hilu IPS Wite .. ."2'j .i2 1710 Phil Klec 20iy 2i)"H 12." do war. ' It 2110 P n T.. In 300 PhllaTrae 50 00 Ton TIel . 1 110 Ton Mln las 1H5 T'n Tract 25 in',2 r G I., klla inti; h Hti. no ! ". 14. "; 42 vn nKnnf .111 nnlntq oici last nlslit s...ni.. t t..ij.i- " ,...., -v. .- . .- - jiaiun. i.iiumation wns under wav close. throughout the cession and tho cash Reports that rains and high Minds article was easier. Shipping sales were were prevailing ot Galveston and that 1 140,000 bushels, mostly deferred. the railroads were moving rueir ireigut , wheat and rolling stock to th" mainland pro- g?c'7Jb" moted local nervousness In the early M Jorn afternoon, but failed to stimulate new .leytember bu Ing of consequence. Predlctloim were D'tn,1r for rain over both the central and west- neet'mber ern belts during the night and tonior- May .. r.xports tor tne u aggri-Kitii-u ""' uotooer lales. all to the Continent, For the l.ard- Low Cloao 3 SIS 2.82 i 20H 2.204 j 21 1 Jt. j 2,74 i.2aii 1 O.'v I 07"4 1.0t44 l.O.I'.i CI Vt UVi 01'i AS! r.n 03 ad; 83 -B 73 2100 25.00 26 00 .10 1"4 24 K 35 Vi 52 'u-, 20i . 'a. 50 . Hi.. 14 Li 25 35U no Ml easo'n to date, the clearances amount I VS !?!',,'. , to 20S. 101 bales, compared with 000.- , rilba- - 1S2 bales In the corresponding Period gjtmbi Inst season. Receipts at the ports were estimated s at 33,000 bales, against 17.4R3 bales on this day last week and 10,127 bales ou this day iat.t year. 20 80 .10 OS 17 70 20.(1.1 10.03 17.S0 17 70 I P. S.I 17.S3 17.01 17 03 in,T 17.80 17.20 17 SO APPROVE BOND ISSUE Or. In- Jan March Provloua cloae Onn 28. 02 2S.S6 23.37 2S 30 24. SO 2S.00 2.1.40 24.04 28.03 23.8S Hiah 30, 4.1 2O0 23. SO 24.44 23.R3 I.o je 2S7.1 2ft. 10 ?4 SO at.oa 23.33 New York Central's $25,000,000 Financing Passed by I. C. C. U'salilnsion, Sepu 21. After an In lestlgatlon "of the clrcumamn,-.... H12l5l,?hl 'tending the inarlietliig" by the "138n,noWnnnVo.rl'' ren,r Railroad of $28," 1 000,000 ten-year 7 pr cent collateral trust bonds and a similar amount In reiunuinn anu improvement mortgage Clou- . so Jt 12 14 S. 4AHf.ii7.ui frl 141 14U 14U4-2U Vet rhare made b7 comparlaon with last Jt fa i on v'e TorU Htoc't Gichance r . e- 13.S4S aliarea. compared with ti if l,n ra '.cateraay Tnus tar tnu veru th 4) aliarea. Bame period laat wceli, 1, 879 h&rep - - -, in nn?iii!4 lV4hlntnn, tjepu a The Interstate , amoo Hlch Ir Cose char. ,.elnto n iftrtrt ran at Winn neir and The commission found lirn.... .k.i M?lon'of TeTminM i?mmlS'' 1S 2'4 Cit5S ,0c" " H' 8T ' " heaviness Id that market, another break I in vljw of the amall finanelal rlak In attention ot terminal mmmittees and, nAm. Tfon K . .,, i - 1..1. j. i volved and the anmuent ac. .,.1,1. -' . .-.. ---- , in sterunr oxenanae. n ii:k i uriiiunu -..,.. ... ,-.'.'.--. "-. . w?-"v. '.. Urge Prompt Handling of Cars GRAIN MARKET riilrarn. Sent. 21. Large offerings of bonds, the Interstate romm.F .. r 11. 1... -4 xrtnn..nnii. . mission today gave Its amuoval to the vauauian grnuen nu ,ihuihk,,,,i " traneactlon. i Hecker & Co. Backers and Broker aaeaaK riilu'DV fl ti f 1 nUTllIn lAPI'lea Ana. 1 'melons to"' tho urgent nioVa.r.s fP'l ' "l 101" 1 (iiuiii imii'iiinn ... im ii'i.mr rs an-'- -' - a rn C An c- n t a ariinr icij iu a means of movinr the hea,i crops of I 2d -INs. . S.i.fin K W Si.nO-f.oO wi,n tn,inv (perishable foodsturrs The organlrat'om. 10.10 3d 1U". KH.nti XVM SM.ri-14-. 10 i,, q I ur. aalced to Immedlateh- lnainriie.-ii I . . n n .t,x. ia:.. Br.11.1 Wll'i or, nil 1.1 '!'."". nl ,1 campaign In co-operatlo'n with shin-1 1ft v'i,. .tx.n 05.54 03.50 I)5 544- 08 . n., pnnalBiiees and cjrrlera fne lh 19 i." . Yi.. " '"""" "f .WO ventures on I ranld movement of this eoulnment I -1 Thlla liec ., ;. here were I .. IffMy.v " bl -- buyers of .ben t Fhlladtlphla and Nair Toik O40CK Di.-IUia TH AND CalgHTXUT ST8. CHICAGO BUTTER AND EGGS Chleaso. Seot. 21 nUTTCn I?n-hned irflf:Affla4ier Ttl-eelnle. 1I.IXR fc.. Flrats. B8HOfi4Hci ordlnaej tirsta. ISfltsn-'t t mark, oaaea Included, 4Jj3cr atajIdaVdi, ooe aiora-K"o ura.a, usiaaravc in P nnAHtL rmCa'70 70V4 70Vi 70 Vj.. 10 Welbaeh Cis. 03 03 03 . , .ImVwodTaVtV'Jk, ijoVeo.:"' ''!a icropla moving in vqlum., they are not in sterling exchange, a lack of demand ;J8U'XnMRii'nl,7s w'' f-uiiniucraiiiu "M 44 ' n " lu waw uucrsi and nrlccs suffered severe Both Issues were sold ihrnni, 1 r. nport was poor, as there wns ' Morgan ft Co at 97, or, the commission a . a 1 I nOlfl 'II rlil (1 TI' A.a I I ! e news to encourage fresh """ -' ' vr "l oasis, , the buying side. Kecelpts light. Mills were the best Cloverseed uomestic caan wneat, toimo. o sent 21. 4-!inv.r..-,in-.i Kxnorters said that foreigners were CfA1l:...0l0Jr. tin so; icmbor. January.' Ke.l,lln. olnof Pn.lUK nneeK..e If "".. ""if. Si" ""en 1B. AlBlkPrm() mw.. o fw .".. ,..mv.,., Knl fin ,n was said, anticipated tneir needs eariy , uoioner. 117.20: Dacemliee ill. xd; Marcn. 117,23, TlmothVw PriniV bctober, ,a, Ueceiabtr 18.60) Wifch, Demand Cables . Demand Cables Demand Cablts a.ni 8.80 4 s.ciu n.si 4 NOON QUOTATIONS Starllna rranra Lire Guilders .. 8,404i S7H 4.37 81. OK ... 3.30 4 H 70 4.33 81.10 CLOSING QUOTATIONS Sterling I'ranca Lire Guilders .. 8.48. fi.f.O 4 31 81 00 . . 8,40 S 0.71 1 J.J 8 li- BANK CLEARINGS nanlt clearings today compared with tor reipondlng day laat two jeara: 1020 1010 1011 Phila ,,R0..107.!liri TTR.rt.ll 124 t.14,141,401 Hnaton... 63.013,1.11 .',2.fl1R,7iW 44 297,rnl7 N York .32.3S.2lfl 001. .100. US C50 OTJ "nn Ilaltlinore 18,711,000 14,472,1104 ... .... Chleaso. 112.721. IIS 107,420.370 NEW YORK COFFEE MARKET New Yorlt, Sept. 21. The market opened firm aud 12 to 31 points above the previous close, There was nn ac tive demand from prominent trade, to gether witn uuying attributed to Eu rope. Some believed that Hrazll lias been privately reported higher. According to the early official cables, Santos futures sold very steadv and re. cently have resisted pressure. The market, niter the call, sold 30 to 31 points higher. There is a possi bility that private advices are in the trade reporting firmer conditions in Rio, which has been weak recently, or that the llrazlllan Government has taken some definite steps to support the mar ket there. Sent Oct Nov. Dec. Jan., Feb . March. April May. . . Juna. . July.. Autr. . Bid Open III1I1 7.C370 7'. 76 s iiis sin 6 S25 aiisQAO s'.sb 8.28 O.lOOln 0.10 0.23 0 23 , , Test Low r lote cloao 7 7072 7.IS 7.05 7 87SISS 7 SR . R.040.1 7 R'l 8 10 S 2022 8.00 SSM40 R.10 a,ft7ifrnH 8,30 8 70 8 7.1,3;77 SS8 8 Mm 01 R.fjli B.OO O.02fO4 R 711 ... 0.1012 u,-i S.1B 0.1 Bit "11 Km ... 0 236i 23 8 05 Earnings equal 24 on market price of stock Philadelphia Insulated Wire Company shows total gross sales to August 30 of $1,979,419, an increase of $813,671 over the same period for 1919. Net earnings it is estimated are now running at the rate of about $12 per share, equivalent to 24 on the present market price of the stock, which is 52. The company has no bonds or preferred stock. This stock is listed on the Philadelphia Stock Exchange. Further information can be obtained on request. GEOWnKENDRICK 3rd tf CO. Jf3rUzers PHILADELPHIA. Telephones; Btll Horore 0129 Keritoaa Ituce 1131 143V WMNUT 6T. Mtmbera New York and Phlla- dtipnu oiaca utsiom w DIVIDENDS DECLARED TadAc Oaa and Fileetrlc, quarterly of SI ",i on common, pajabla October 18 to atock or record September 80. Taylor, Wharton, Iron and Steel Co., ouar. tarty of 1 per ent on common, payable sr. temner 80 to atock of r 4 cord Bintrmh.. ti Nf Enaland Taltphona and Ttlearanh 0'iarterly 12, payable September 30 to atoe c of record Baptember 22. " Alliance Realty Co., quarterly iu ,.. rent, payable Outobar 18 to atocls of record October H, American Agricultural Chemical ouarter'v of 3 per cent on common and IW r-r rent on preferred, both payable October 1.1 m atock of record October 1. Wealern Klectrlc Co . ciuarlcrlv of 18 30 ,, common, payable September 30 to alocl. of record September 28 ' Reserve Bank Calls for Repayment New York, Sept. 21. The Fedtiu, ,, servo ltaiilt has cal nd unnn rfn.i..... banks Intthls district to rennv ft nnn I 000 of United States deposits Thursday There were no ropayments last week owing to the sale of new treasury cer tlflcaleB on fJeptember 14. Government depoolta in the local banks were In- vrananu f ivo.vuv.vvw o KO.ODO.OOO. Business Liquidation evidences of which have been appearing for some time, should tend toward easier money with its resultant effect on sound investment bonds. We are prepared for this situation and will be pleased to (1) Furnish infotmation regarding investments. (2) Go over your present list of holdings with the idea of arranging this to take full advan tage of present market conditions. Bo consulted on any of your, financial problems. (3) Correspondence Solicited STROUD & CO. Member Philadelphia Stock Excba 1429 Walnut Street ng l'ENNA. TAX FREE SECURITIES . PAUL A CO. Members 1 PhlU.atoek Kxchanc l2l CHCSTmiT STREET 41 ... ,.. . ... .TTT!! .. ...... - IMI - oH . ...in mill nnenanso 117. av i.v. v. ,- .g amaj IJerahey .rhorolat? foriM)ratfen,..7M' JjU l ! .yirrnlA lullwar s Jwar ......; Ui'lIB liuior Uhartan Iran 2 ")Jal C..... ICllKM aB3rW..Vv iJ2HrtLf'!'.''.,:'M mu r . . .- .t.!im&im&ir$ ISta vj m. rJ"dWi MTMKEf ..iA o' rirn ?, ,i,v& OUI UMJtTVT oae . -..'!, , ii KV , vvi-Sii z-AivWk -l?fe.aty.iA. ,ii'-., iitvft.,-1 ijlj'U-oy.'. 1,1 1 - , 'Jt&i
Significant historical Pennsylvania newspapers