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H
EfekDBLKI; 'torBA, ' OGTOBER'v 25 1920
PUBito teb:
19
'
lv" "
" f-V
.- ' JK8M J
1 '
v.
V Jfintire isaue.Ms been sold, this. advertisement appears as
a matter of record, only,
'My
$25,000,000
Kingdom of Denmark
- . ;
t
i
.it:.
Twenty-Five-Year 8 Sinking Fund External Gold Bonds
Dated October 15, 1920 Duo October IB, 1945
SJS5flCiyBbIS APJ11,15,0 October 15.,, Coupon bonds In denominations of $1,000 and $500,
g,l b i R t0 Pno,Pal ?ny- Principal, premium and interest will bo payable as well in timo
infect im t ofJ,,cac!. irrespective of the nationality of the holder. Principal, premium and
interest will bo payable, without deduction for any Danish taxes, present or future, In New York
uty, in United States. gold coin of present standard of weight and fineness, at
. THE NATIONAL CITY BANK OF NEW YORK, Fiscal Agent for This Loan
THE Government of Denmark will pay, as a Sinking Fund, to The
National City Bank of New York, the Fiscal Agent for the loan, sums
sufficient to retire $1,250,000 principal amount of bonds annually from the
sixth year up to and including the twenty-fifth year. Bonds are redeem
able, on any interest date, as a whole on or after October 15, 1925, or in
par,t through the operation of the Sinking Fund on or after October 15,
1926, at 110 if called for redemtption on or before October 15, 1935, and at
' 107 if called for redemption thereafter. The moneys in the Sinking
Fund shall be used to purchase bonds in the market, if obtainable, up to
and including the redemption prices set forth above.
4 4 Price 100 and Interest
Bonds offered for subscription if, as, and when issued and received by us, subject to allotment
and approval of counsel. Delivery in temporary form is expected on or about November 1, 1920.
The National City Company
National City Bank Building New York
Philadelphia 1421 Chestnut St
Atlantic City Chalfonte Block, 1225 Boardwalk
Tho above. Information has been obtained, partly by cable, from official statements ana statistics. While we do not'
guarantee, we bellmo It to be correct. All statistics rotating; to foreign money are expressed In terms of the
United States cold dollar at par of exebanco.
For the
Protection of
YOUR ESTATE
UNDER a trust agreement you can
provide a regular income for your
children and at the same time protect the
principal.
By leaving your estate in trust, it is pos
sible to prevent squandering or misman
agement of the property you leave and
to save children from the mistakes and
troubles which arise from the possession
of money before reaching the age of
discretion.
Arrangement can be made to have
your otvn lawyer draju up any
legal paper3 that viay be required.
Philadelphia Trust Company
415 CHESTNUT STREET
BROAD AND CHESTNUT STREETS
(Northeast Corner)
BQLES&WESTW00D
Members Phila.. Stock. Exchange
INVESTMENT '
SECURITIES
Land Tltlo Building, Phlla.
Talephene, Locust 4721
UfcO. A. HUHN & SONS
ftS ?!.i.be 1'WluUeh.hU, New
new ork Cotton Rxchanct
am Vh2nD,rde.r Executed In
All tho Principal Markets
BLLJSTS'V. ! COURT BUM1.
14 U Walnut HtT
NEW YOliK urvicn
lH.BnU.wf. Mew Ye
J. P. MAGILL & CO.
Investment Bonds
LAND TITLE BLDG.
Phlla.
Spruce 7265
y
FINANCIAL
IHvlcl-mU
NOTIOJS
THK niAMOND ICK COAT, COMPANY
Dtt Maifc-t St.. Wlhnlnxton. Del.
will pa v 111 thirtieth quarterly dividend of
IWk on the preferred capital stock of the
Company on November Int. next, to stork,
holders of record. October i'6th. 11)20
Checks will b mailed
E. WALTHR IIAI.L. Treasurer.
ProiHiimU
rnorosALH KflK HIK comhtkuution
of a Lumber Storehouse. Ortlco of the
Officer In Charge of Construction. Krankford
Arsenal. Phlla.. Pa. Sealed proposals will
be received here until S P. M November X.
10SO, and then opened for Construction as
Mated above. Plans and Specifications on
application.
proposals Fon UNDisnamnTa and
WlAWBKS. 'WJNTEU.-.Omce of the Lepot
Ouartefmaster. U. 8. Army, Philadelphia.
'ft. DO
until 11
line
nn.oaa unaei
ration, upot jmuei
Sealed proposals will be received here
11 a. in., noYtmujr ji. , or fur
c all or any .part of 60,000 drawers
100.090 undershirts, winter. Inform-
v
BUILD AN INCOME
OUR SYSTEMATIC
SAVINGS PLAN
Our booklet .giving full details, together
with a cop of our Investment Stirrer
frA nnin rannaa, .
Scott & Stump
I Investment Necorltles
B1UI.IV ISAVIIANIIB 1IUILDINO
Phllndelphla, Pa.
40 Rxrlianse Plate New York
Conte-vllle and Chsmb-r-bnr, Pa.
atnsavaaaaaaaBSBSBBc-asaaeaaBsaBBBBsaaBissaBaa
FINANCIAL
THK IXUIANAPOLIS UNION RAILWAY
COMPANY
INDIANAPOLIS. INDIANA, OCTOUUU
11, 1030
nonda wnnted for Nlnklnx Fund.
The. Tndl&naDOllB Union rtnllwRV fnnina...
of Indianapolis. Indiana, will receive seated
proposals for the sale of thirty thousand
($3(5.000.00) dollars of Its Vlrst MortttaSe
Ronds, at
the office of the
to t..e first
uxceedlnar par
accepted and paid
ninereni noiaen
the numner
be on a pro
tlcable. In proportion
oi ponas onerea
Kidellty Trust
la
and accrued Interest, will
A Free Book
For Men Who
Wish to. Know
The General Rules of
Trading.
How to Give a Broker
Instructions.
Broker's Commission
Charges.
How to Indorse a Stock
Certificate.
How to Use Collateral
in Trading.
How to Group Their In
vestment!. ,
The Deposit Requirements
for Carrying Stocks on
Account.
The Rights of Stock and
Bond Holders, etc.
Call, phone or write at once.
Ask for No. T. U.-978
JONES & BAtfER
Specialists in New York
Curb Market Securities
WIdcner Bldg., Phlla.
Phones: Bell, Locust 4730
Keystone, Race 2290
Offices in 0 Principal CiUoa
Direct Private Wirei
We Offer I
Scranton Electric Co.
10-Year 8 Secured Ilonds
Due January , 1931
Price to Yield
About 8 8
Ta Exempt in Penna. 8
Elkins, Morris & Co.
J Land Title Bldg, PJ,Ua.
Webster Coal & Coko 5s, 1912
Erie Lighting 1st 5s, 1967
Empire Gas & Fuel 6s, 1926
bCENNING, GARRISON & CO
stub-re i'LUar Utoel KxHSSJ"
Company, in the city of Phlladelph
hi as
nn or nrlor
1020, Ilonds offered at the lowest
lohla. Pa
ay of November,
rice.
uurr, iti
for. HhniiM Ivins nf It.
rljtra K nlYaJ a it,. ' '
-VTI-j vT" " oino price.
of bond taken froia each .shall
rata basla, a nearly aa prao-
baxiM
Mattonlnr & Hlirnanso lly. & i.t rmt-m
N. Ulilta .Mauufurtiirln, YZ; v ".
!. llAlmtftiH . II,... " "...v'
ivuMiiunn iini 'ft to,
umiirriuiiu vHiirr
New York-Bonds
tSALErf IN I1CO0J
from Opening Until 2:00 p. m. (N. Y. Time)
Amer'n Atr A
Chem d Da
.1 03 .
1 02
Qt.... 03
10.. .r. 02?4
Atner smelt"
& U"r Ea
3.
1.
2.
Den
8.
3
100H
... 101
... 101
u n o fd
mm
B4W
7TM
77
77
77W
77 M
77 H
7. Mi
774
77,
77 M
77.
77U
T otl
77!.
R
1.....
1
15
i
10
1
s
i
1
1.....
1
Am T &
17.
Am Tel & T Bs
2 80H
3 8T
1 80
1 60 H
1 HOT
1 80 T4
Am Tel L T 8s
3 00
1 007.
1 007.
Amerl'n Wr'
Paper 7i
& 707.
Arrentine lie
publlo Hi
1 71
Armour & Co
It Est 4W-
? 7BH
J..... 70
i 70
Atoh Topeka A
a 10 4a
1
3
1
0
14
10
S4
1020
77 H
77H
77H
77 4
77 H
77 ,
7714
-' 77S
Atch Topeka A
H fe a
18 72U
Atlanta Knox-
vlllo A C 4i
2 75
Atl C Line clt
1 77X4
Atl O Line 4s
3 78
1.... 78U
Atl Coast L'e
rets 7s
C... 103
Atlantlo Fruit
Comp'y 7i
1 8IT4
Halt ft Ohio ev
2..... 7414
5 74H
Ualt t O 3.U1
1 8 I'd
Halt & Ohio 4s
1 73 i
Halt & Ohio 6s
3 00H
22 0014
5 HOt,
34 00H
3 H04
1 001,4
II It O P L U
& W Va 4s
1 08 "i
D & O 8 Wn
niy 3V.1
1 78
1 78T4
Dal & O Tol 4s
1 BOH
Dell Tel 7s vfl
1.... 100
1.... 100
3.... 100S
1.... 100U
1.... 100
1.... 100
Oeth Steel fd
1.... 7Ui
Doth Steel Si
I 2 DS
11 copper m os
10 81) '.4
Bkn ItTct 7s
1 4074
Bltyn Rapid T
7s ct Sta
10 4
Bush Ter'l 7s
1.... 103
Calf O & E 0s
1 8014
Cent'l Pao 1st
3 73
13 7IV4
Ctl Pacific 314
1 73
Ctl R R of N
J rrc 0s
3 08S
dies' k & O fd
3 80
C & O ov 4Ul
7 704
10 70
5 70V4
2 70?i
Chi & Alton 3s
1 40
Chicago n'n &
Qulncy a-m
U.... 80'
Chlcaro U'n
Uncy 11 3V4s
1 72
B.i... 7254
4 73
Clilcato D'n &
Qulncy 4s
in no
25 00
n on
4 no
15 OGti
Chi & U III Ss
cuar ct
10 85W
Chi & Own 4s
1 3774
2...... 57 4
Ohlcaco Mil ft
StP 4s '25
3 83
CTllcaeo Mil ft
StP cv 4s
2 73V4
5 75 Vj
7574
2 73
15 ... 75
Chlcatro Mil ft
StP fd 4 Ha
10. ... 05;
2 ... 0474
Chlcaco ft Nth
Wn d '3.1
10 ... 01
Chicago t Nth
West'n OV.!1-
2 .. -014
Chicago i. N
Wn cxt 4s
1 ... 68
C'hlcaeo nail
ways 5s
1. ... GD4
Chlcaco It laid
& Pac fd
5 (ni
20 ... . an nj
2 004
1 on v,
12 ooh
3 . .. on?
2 ... 60
Chlcnuo It IIM
i Pae 4s
2 ... 73",
Chi ft W I 4s
1 . . 077
Chile Cop'r Us
5 . . . . 72
5 ... 72
City of Copn-
hagen 57."
10 .... 70
City Paris As
D ft R O fd ct
5 52
Den ft R O Ss
4 74V4
Detroit Jadlson
Co 6s '33
1...,. 80
Det Ed Co 6
7 8974
Detroit Unlt'd
lUry 4Ua
2,.... 0774
0 0774
z ns
1 08
0 08
Distil Security
corp'n Si
2 70
D Can 5 ',4 '21
0 084
v (Canada 'Z
5 0374
1 04
Erie Oenl Lien
D 4014
Erie R R cv D
1 KSU
Erie Ry Co 4s
10 50
1 BOW
5 SOU
Florida Pen en
0 71.T4
P'la Ctl en, 0s
1 MK
1 SOU
Oen'l Elect 61
5 8714
Oove't French
Jtep rcti
2.
1..
10..
1..
10..
5..
8..
-2..
1..
1..
8;.
1 .
20..
5..
102
10174
103
102
102
10174
102
102
103
102
102
103
102
102
G Swltz'd ret.
2.... 104
1.... 104
5.... io.iu
Hud ft Man fd
n 02
J 12'1
1 02
8 02
2 niu
Hud ft Man In
1 24 U
III Central fd
2 7C.
2 7714
HI Cen'I 4h 'S3
71
71 H
71
4 74s
3
Intb'h M
1
2
2.1...
23H
22 '4
22
21i
tV
n.i
3.
Interbora Me
ct 4741
:' 207J
1 20 :
Intboro n T f d
10.
1
.1...
10...
10...
1...
10...
0...
12 ..
8..
..
6474
64
55 i
54
634
63
54
B
cr.
64
60 aj
61",
64 H
5174
I M Marino Os
1 tii4
2 sit
Jap Oove't 1st
7474
12 74H
10 744
2 7474
l 7IU
Jap Oove't 2nd
? 7'4
747S
10 74tJ
J 74V.
74'
5 7t!
jap aove t 4s
: nax:
Kun C Ft S 4
M Rvrj- 4 s
1
Kan C ft
INew York CI
l 8 374a
7 01
1 03
New Y W C &
Boston 4V.1
2 4874
N'k & W cv 0s
1.... 104
N'n Pacific 41
3 78 H
Oree ft Cil 61
1 894
Ors-Wash'n R
Co Nav Co 4 1
7 73
Penna R R 6a
1 02
d 0174
Penna R R 7s
1.... 10474
1.... 10474
1.... 10474
1.... 105
1.... 103
5,... 103
Peoples Gaa L
ft C Co Bs
1 607.
Pitts Cln Chi
ft m L o. 474
6 85
4 84
Reading Ry 4s
1 85
6.... 84
1 85
Read's; 4s res
10 84
10 84
Heading- Co J
Ctl Col 4s
1 08
3 08
Rock Isld Ark
ft La 474-
2 08
1 0871.
2 0874
Rio O ft W 41
2 08
St Louis ft 8
Fran J
1 0774
5 T774
St Louis & S
Fran In
10
1
1
2
2
28
St L ft U.Fran
Series A
2 02
8 02
3 03
3 02
St L ft fl Fran
Scries V
1 70
0 704
St Louis ft So
West'n en
0 00
St Louis ft S
West'n 1st
1 71
2..... 71
St Louts ft S
West'n Bs
1 03
1 0574
1 ' 05H
St Pnul ft K C
Short li 4 Ha
1 08
Seab'd A li a
B 42
BeAb'd A L fd
10 46
1 45
8 45
S ft N Alab'a
5a of '30
3 85'!
B'n Pacific fd
5 77
5 7714
1 70
6 7071
S'n Pacific 4s
5'n Pac cv 4s
14 78
1 7874
S'n Pao cv 5s
1.... 102
1.... 101
10.... 102
12.... 10.H
1.... 102
1.... 102
S'n Rallw's Is
2 I34
.1 ()
.1 03
2 .. 03
1.. .. 021,
S'n Rallw's 3s
Financial Briefs
08
S 3s
64 14
64 74
54
51
S 5-
7354
70
7374
5
3
10.
3
1.
13
5
03
05
05
05
(1371
05
115
2.. .. 034
CM Cln Chi ft
St L Km 4s
10 7174
Cnlo Indust Bs
3. ... 7174
Cns'd Oaa 7i
23.... 101
1
18
62
Kan C ft
1
1
6
1
K DelCm 7He
10.... 10071
1... 1004
1.... IOD'4
3.... mm,
3.... inn".
Lake IJ ft W'n
R R 1st
1 82;
Lake Shore M
an 375a
1 01
Lake Shore M
S 4a '31
8 84
Lehleh Valley
en 47B
2 -304
Lehlth Vy (li
, 0 074
L Isl R Bs '37
o n:
im ec jvaa.i 7a
103
Mo Kansas ft
i.urri 1st
54
65
65 ,
64
6474
60
8.
1..
n.
6..
3 .
8074
no
mi
00
8074
00
00
no
00
0.
1!0.
1
50
53 i
T 4i
02,
024
02
03
11374
0274
2'4
1
4...
Mo K ft
3.
1.
4.
4.
50.
1.
4.
Mo Pac cm 4a
5S'4
3 ns
2 .... ssi.
M ft O St L 4
Carlo 4s
1 77
Mont Pow'r As
1 844
Morris ft Esex
R R 874s
10 70 1,
M ft StL en Ss
7414
New.O's Tex ft
Ne 474s
1 .... 7014
New O Tex A
Mexico Ss
4 01 14
SYc.im
R R 4s
1 074
N T C 4 II II
R R en 4s
5 THj
72
11 n
N T C ft
It It 0.
1 ....
10
7..
0..
N T C
03 i
n374
1)3 4
n.i
13
03
03
03
03
ft 11 n
R R ct 7s
a..
3.
1.
1.
10274
10374
10. 4
1034
15
6 .
S'n Rwy Mem
1 ... 80
Third Ave aj
10 .... 34
10 .. . 33
3 .... 34
Union Pac fd
70'4
7014
70 7t
Union Pac 4s
1 .... 8174
10. . 81.
. 81 '4
Union Pac Oa
1 ... 100
U K of O Brt
ft I'd 1031
1 IW74
1 087,
4 .... 084
U K of O Brt
ft I'd 1033
2 03
U IC of O Brt
ft I'd 1020
1 801
1 .... 80'4
15 80 74
3 607,
UKolO Brt
ft I'd 1037
10 .... 8774
1 . .. 8774
4. ... 8771
3. . . S774
2 . . 8774
Ut'd H'ds San
1- unct 4s
7 .10
3 .... 80
5 . . 3d
2. . . 30 -8
. 30
3 . 30
.' S Mexlc '.
10 . . 43J
L S- Realty ft
Impv't 5s
4 81
U S Rub'r Ss
3 .... 78
1 78
1 77
5 78
1 78
U S Rub 774s
t 08
6 . . . . ON
1. ... 08
3 08
2 ... 08'1
.'I. ... 08
U'd 3 Steel 5s
10 03
4 03,
1 01
5 04
L'tnh Fuol Bs
.80
Vu Rallw's 3s
1 .. . 85
Wabash It 1st
3 80
Wei'n Pac 1st
1 S3
W'n Union 3s
84
Wilson Co cv
3 80 14
Wilson Co 1st
1 807.
Wis Cen'l Sup
A uuluth Dlv
ft Term 4s
1 72'4
10 the whole number
V
3; BAjntlLS.
Eecrstary.
fl-U II1TII1
Hv. j. ;.x
1st an. ." jxi"
reienhnna .---." "
11UII0 Her. Newark Term. Itr; r0"SI it.
evv Yorfc Central It. It. Co. Equft V'. mi5(5
i.clfle Fruit Express Co. Eai?lJ.p' 2,. S' !
ciiuyiuii Klver. K. fi it B, " 4'. Vo'f.
Kmnfre (Ins ft Fuel Co. 1st ViV-V ' $ 12i5
J Jilted Oaa ft Elertrle Coro... ' jj
irilnla Hallway ft PowerCo 2' 1215
SiVJIUKL K.rpllIlTMlVi-VAij8.'? J84
Hill
601
llladalllhla- HI,
inwi.wi; t'
SfiEWK
Liberty 3V.S ....
Liberty 2d -Is
Liberty 1st 4V.B.
Liberty 2d 4lia..
Liberty 3d -itis..
Libert.' 4th -.148.
Vic Notes 38..
Vic Notes 4 ?i 8..
J:
IIIh
.mi
8S.80
00.30
80.00
00.00
80.00
00.44
00.42
(N.
I-3W
02.80
88.80
00.00
as.so
00.70
88.00
00.40
00.3(1
Y. time
11 15
a tn.
02.80
88.S0
00.00
8S.SS
00.82
88.04
00.40
00.38
Prices Steady on Paris Bourse
Varls, Oct. 25. PrlceB were steady on
the. Bourse today. Three par cent rentei
were quoted' at 64fr 8B0; exchange on
LondonBSfr 8O0; fve per ceflt loan 86fr
Bo. Tho flpllar was., quoted at ISfr
For tho six rrionths ended September
30, the first six months of tho corpora
tion in Its present form, the Philadel
phia. Insulated Wire Co. shows net In
como of $212,320, which In equivalent to
J8.B0 a share upon tho stock outstand
ing', and was at tho annual rato of $17
per share. After setting up a deprecia
tion reserve and charging off organiza
tion expenses, the company shows a sur
plus of $77,846 after deducting tho
dividend payablo November 6.
Two million seven hundred thousand
dollars In gold Is aboard the steamship
AqultAnla, which sailed from England
Saturday, consigned to Kuhn, Loeb &
Co., of Now York. This makes a totfll
of about $53,000,000 gold purchased by
that firm In the London open market.
The Wlckwlro Spencer Steel Corpora,
tlon for tho quarter ended September
30 reports surplus after charges and
federal taxes, of $573,376, ub compared
with $862,178 In previous quarter. For
tho nlno months ended September 30,
surplus was $1,728,110, equivalent, after
allowing for dividend requirements on
the preferred and clats "A" common
stock, to $4.16 a share corned on the
250,000 shares of common stock of no
par valuo.
Sales of the American Stores Co. In
creased $22,600,896 In the nine months
ended September 30, tho total for tho
period being $78,838,350, against $56,
231,451 during tho r.amo period, in 1919.
It Is understood in Chicago banking
circles that George M. Reynolds will re
tire as president of tho Continental and
Commercial National Bank early next
year and become chairman, to bo suc
ceeded by his brother, Arthur Reynolds,
St., vlco'presldcnt of tho National Bank
and head of Its state subsidiary, tho
Continental and Commercial Trust.
The averago price of twenty active In.
dustrlal stocks advanced 0.51 per cent
on Saturday to 85.57, while twenty rail
roads advanced 0.21 per cent to 83.61.
Tho New York Subtreasury lost $4000
to the banks on Saturday, reducing tho
cash net gain Bine" Friday to $360,000.
There has been admitted to the un
listed department of the local exchango
the Pennsylvania Co. for Insurances on
Lives and Qrafitlng Annuities certifi
cates of deposit full paid and 60 per cent
paid Issued against deposits of National
Properties Co.-Amerlcan Railways. 4-6s
gold bonds duo January 1, 1916( trans-1
ferablc at the ofrico of tho Pennsylvania
Co. for Insurances on Lives and Grant
ing Annuities, Philadelphia.
Tho White Star liner Celtic, which left
Liverpool for New York ,ln October 20,
has aboard 334 boxes of gold.
Utility Companies Increase Stock
Ilarrlabiirjr, Oct. 25. Tho Public Serv
Ico Commission has received the follow
ing notices of Increase of stock or debt
by utility corporations: Pennsylvania
Power and Light Co., Allentown, 7119
shares of common and preferred stock
without par alue, Including u portion
to bo offered to employes of the com
pany: Metropolitan Kdlson Co., Read
ing, bonds $65.000 : Cimbrl.i and In
diana Railroad. Philadelphia common
stock $500,000 : Glen Rock Clectrlo Light
and Power Co , Olen Rock, preferred
stock $50,000 ; common stock $30,000.
Raw Sugar About Unchanged
New York, Oct. 25. Tho raw sugar
market remains quiet and about un
changed, with no sales reported Blnce
last Friday when full duty sugars were
sold at 8.78c. duty paid. Importation on
Saturday Included 2000 bags Brazils to
tho National Co., 2000 bags Perus to
tho Federal Sugnr Co. and 2000 bags
.lavas cons'gned to tho trade. The 're
fined sugar market Is unchanged both
as to conditions and prices. Arbuckln
Bros.', are still withdrawn on the hard
grades, but offer a few "softs" on the
basis of lie, less 2 per cent for cash.
NEW YORK COFFEE MARKET
New York, Oct. 25. The market for1
coffeo futures opened active this morning
with trading oxcltod nnd sentiment very
nervous. Prices on tho call were 10 to
30 points net hlslicr. Tho cables showed
a continued steady mnrkct in Brazil and
there was a feeling In some quarters that
In tho near future Important develop
ments would bo announced of some gov
ernment action in Draztl.
This mowing screral Wall street
houses were represented on the buvlng
side with some of tho selling attributed
to realizing on the advance.
Buying continued after tho coll on
rumors that Brazil had bpen privately
!..nLll,ehcr nntl nI" on talk of a
$10,000,000 loan to Brazil for the pur
pose of stabilizing exchorigc rather than
to buy coffee. It was said that Brazil
was to put tip rubber and coffee as col
lateral for the loan.
At midday December had sold t
8.30c, March to 8.05c, May to 0.25c
and July to 0.50c. or 10 to 82
above initial figures. Tho advance
profit-taking from tfaosa who had be
nt much lower levels Inst week :
trading was feverish with fluctuates
rapid.
December . .
March ......
May
July
Kept ember . .
Bid.
.Bat. rtflra
,.' 7.70 SO
,. 8.4SS0
.. 8.7DSO
.. O.IOOU
(K.y.M
upen n 1
S.OaOO '
S.73W7B
0.07O10
0.40044
0.B3
rt
GOVERNMENT BONDS
ntd
1038 lOt
'.a. 1030... 101
ranama coupon 2e.
Panama reslstered
Panama, rntioon 1!-. 11)33. .... .1U1
Panama reslstered 2s. 1138, .,101
1'anama coupon il.
ranama resist
Philippine 4s(
1001 7B
stered 3s, 1001... 78
. inn 1 Tn
fhlllnnlna 4a. 10S.1 "
Phlllonlna 4s. 1030 7o
V 8 Oovt coupon 2s. 1030.. ...J" J
TV it r?...l ., Am lOtR . . .mI
Dtfit of Columbia 3-05a, 1PZ4. ua
.
MX
103
SI
i
1?
insure high yield
for years to come
Not since the post-Civil War days
have safe investments yielded so
high. f
The wise investor is insuring the
continuance of present day interest
by buying long-term bonds.
Such bonds bought today, will
yield 7 and upwards through future
years when new bond issues are earn
ing much less
Our special knowledge of present
investment conditions is always at
your service.
GEO.WKSIDDrCK 3rd CO.
1431 WAtKUT ST. -fr, PHILADELPHJA.-
Members New York nnd rhlln
delpuln Stork Uxehance
Teleplmnei! lie!! -Sprue- 6420
jsersione iiace 1138
"""""'"'"iMinmrnrmpl
Bought, Sold and Quoted
East Coast Fisheries, Com. and Pfd.
U. S. Metal Cap and Seal
Templar Motors
Revere Motors
Stevens Duryea, Units
Metropolitan Stores, Com. and Pfd.
Harvey Crude Oil
R. E. Seamans, Inc., Com. and Pfd.
Commonwealth Finance Corp., Com. and Pfd.
U. S. Mortgage, Units
H. F. Wilcox Oil and Gas
Quotation! Furnished on "Unlisted" Stocki and Bonds of
All Markets
JONES & BAKER
Tel.: Belt, Locust 4730 Misc. Sees. Dept. Tel: Keystone, Race 2290
Widener Bldg., Philadelphia
Indemnity Insurance Company
of North America
PHILADELPHIA
Capital, $1,000,000 Phone, Lombard 4330
All Classes Fidelity and Surety
Bonds and Casualty Insurance
Benjamin Rush, President v
DIRECTORS
Edward H. Coates
John Story Jenks
Edward Hopkinson
George H. McFadden
Henry W. Biddle
C. Hartman Kuhn
Charles S. W. Packard
J. Percy Keating
G. Colesberry Purves
Bayard Henry
Charles F. Frizzell, Gen. Mgr.
Edward S. Buckley, Jr.
William P. Gest
Thomas S. Gates
Benjamin Rush
William S. Godfrey
Effingham B. Morris
James D. Winsor, Jr.
J. Barton Townsend
John O. Piatt
Arthur W. Sewall
11
YEARS
PA.NKING
EXPERIENCE
'' MERCHANTS Pi SHIPPERS vr'ii'
4
in 1803, we have
QINCE our establishment
O jCal J- W m. a 1 - A P m
ivL.u inercnancs, manufacturers and shippers
in all parts of the country and contributed
valuable co-operation in stimulating and
carrying on the trade of our City.
Our facilities have kept pace with
tomers needs and our capacity
increased with the growth of
enterprise.
to
the
our cus
serve has
nation's
THE
PHILADELPHIA
NATIONAL
BANK
42-1 CHESTNUT STREET
"I
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Aa&&&v mttia.gb:s .
- $1
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