jrvr "' T v " -."J.V I fr, 01 irf & E'J "" fcv u . iti if- ? It- '- iJ 3? vd 8J r. lit wtr yt t' W L r . 18 EVENING PUBLIC LEDGERP5ILADEIiJpfalA, MOffftAYi JAIJAIty 10, 1021 I Ell1 MARKFT WETHflllT ll new york stock exchange transactions 1 a m m m i i U. S. Government Railroad & Public Utility BONDS for Investment Boles & Westwood Memieri PklU. Stock Eiesiof Land Title Bldg.. TJn Your First Step in the Stock Market How to open an account Method of trading Carrying stock on account We hT prepared new booklet especially lor the newcomer In the market, nd It Is written In a etyle thet makes stoek market problems readily understood. Write for N-10. GUTHRIE & McGOVERN Mrmber i'Mla. Htork KxehanfS 1430 Honth I'cou Hq.. rhlla. Poruce 6416 Knee 8003 New York 02 llroartwnjr YS5t&sv7 ! 3TOCK57 Another Striking Example of the value of our aervicea haa been set! OUR YEAR-END REVIEW recommended for purchase several stocks when they were selling 5 points below their present price. Our clients AGAIN benefited. YOU can receive the same benefits by asking for our "REVIEW SUPPLEMENT" which AGAIN recommends purchaces with possibilities not to be overlooked. Sent Gratis Mevben rMladelphia Stock Kxehaan 1622 Chestnut Street rkearst Dell. Bpraee B017-MSO Kro-stons. Ilaoe 789 74 nraedrrar Bth Are., N. T. Stanford, Coon. Bonds Investors should aak for our January Bond Circular. It lists many attractive issues of Government, Munici pal, Publu Utility and Railroad bonds which we are recommending for investment Harris, Forbes & Go. Pins Street, Corner Wlllltre NEW YORK PHILADELPHIA OFFICE: Widcner Bldp. SETTLEDJENDENCY London Exchange Touched the Highest Quotation Since Last Summer New York, Jnn. 10. The inoro in (preying lUvclopmr-nt occurred in to day's foreign exchange market, ratlirr than In the Htock market. There was n further advance In London exchange, bringing the rate to the hlghcut quota tion ulnoc lant numrner, which win largely Influenced by the prospect of u refunding of the Auglo-Anierlcan loan. The stock market woh n very unsatis factory and erratic affair. Ab u matter of fact, It wan practically without a net tled tendency for any length of time, yet the least reslctance wan apparently met on tlio uptackN. At leuht most of the leading iMsiies rallied more ennlly than they wore deprcnt,ed. Aililo from the further reductions made In crude oil prlceH there were no disturbing developments over the week end. Offsetting thin from n ocntlmcntnT viewpoint uas the tax revision recom mendatloni made by Senator Smoot to President -elect Harding. The further Improvement In reserve ratio of the federal lleerve banks nnd the addi tional optimistic Interviews given by the captains of Industry nnd finance oti the outlook. It was u market, however, governed first and lost by technical conditions. In the first place the Impression wna tjulte wldelj entertained that last week's rise had been too precipitate aud n moderate backset was due. The majority of the professional traders played for it and without meeting concerted opposition got It, but the reaction or downward swing wan of an entirely different type than witnessed during the smashing of values in December. This was conspic uously demonstrated in the ability to dislodge any considerable amount of stock and again lu the dullness which was noticeably developed at the lower levels. There were home wenk spots to crop out ngain, but this was to be ex pected, and undoubtedly will be tin ex perience for some little time until the adjustment of the market is fully com pleted yellingif popular issues was promptly resumed at the opening. Saturday's sharp reversal making further headway within the first half hour. Atlantic (Julf fell almost tt points to the new low record of til1", Hears -Koebuck lost .'1 points, Mexlran Petroleum l!1, Koyal Dutch 2r,8 and llaldwln Iocomotlvc Shorts encountered little opposition in the early dealings, their operations effecting further extensive depreciations in shippings, steels, equipments, oils and coppers. Motor specialties, leath ers, textiles nnd unclassified shares also reacted shnrply. Atlnntic llulf preferred fell 2 points, Crucible 2, nepublic 1'., Vanadium and Ilethlehem 1, nnd .Mexi can Petroleum nnd lluynl Dutch .'1. Ana conda, Inspiration and American Smelt ing dropped 1 to L' points. United States Rubber :i. Stromberg 3'i nnd Studt baker and Chandler l'j. Scars-Hoe-buck extended its Ioks to 4 points and General Asphalt and International Pa per forfewed much of Saturday's gains. Crucible and Mexican Petroleum led a rally toward noon nnd cxpre-s com pany shares roe .' to 1 points. LITTLE ACTION IX LOCAL MARKET Trading Element Disposed to Mark Time Until Some thing Turns Up Measured by quotations the new week started with fairly good local mnrket. PrlceH for most of the more prominent local stocks were either unchanged or higher. The dealings, however, con tinued of small dimensions with the bulk of the trading comprising small odd lots. The demand was light, but the supply apparently was equally small. These conditions, however, aro quite common in a narrow market usually following a period of abnormal fluctuations Most of the local trading element are content to stick to the side lines until matters on the outside assume a more normnl aspect. Most of the leading local unanriai interests nro disposed to take I a hopeful view of the outlook and ex- I press th" belief that the real crIMs of i the Nituution has been hafelv tiassed ' Trading in the loenl hures lacked initiative and was without individual feature. Kor the inmtive shares the market continued very thin. American (ins on a few transactions moved up U points, while I'.rill lnt a similar amount, cancelling Saturday's gain. A few shares oj United Uuilroudi of New Jersey changed hands at nn advance of a ioint. Among the, usually active shnrcs It was the same scalping ut fruftfons The utility group held their ground better and the same may be said of the rull loads In the miscellaneous list Ameri can Stores moved up ;tj, while Lake Stiperiur lost 'i. Stand. Oil of California 7s. 1931 Stand. Oil of New York, 7s, serial ! Jersey City, Hoboken & Pater-. son St. Railway 4s, 1949 Cerra de Pasco Copper 8s, 1930 North. Ontario Lt. & Pr. 6s, 1931 Cons. City Tr., Lt. & Pr. 5s, 1962 Pa. Ohio Rwy. & Lt. 7 ?s, 1940 Lukens Steel 8s, 1940 General Asphalt 8s, 1930 fiMiist 31(11 , Title Bldg. line 111 Philadelphia Stocks If U OVFEll General Asphalt Co. Convertible 8'-t S. F. Bonds Price 98'2 and Int. C rtuliirs t von HtCfJf' Reed A. Morgan & Co. j M- ii r of th I'hl'it tilo I I . IV. ll t Tru I lli.l , VH. . V. Stockwell, Wilson & Linvill Certified Public Accountants Land Title Bldg., Philadelphia "j, M. HAII.KK C. S I'ATTON Sailer & Stevenson SU AMI Ulrl.NLlh H1H. BONDS oX Krue, VUldinvj ti-'o to 8 II uli I.'.u 10.' Am Strs 1.1', in 10 Am (ins . 'M ,'IL' .10Hrill.IC.nl r.2 Ui! Ulec Stor '.Ml't fi,"'. 2l Lake Sup !)TH Oh 110 Leh Nov. s (IK 11 Leh Val . r.r.i,. 54U 0 North Pa 70'I 7!)1,, 07 Pa Cent Light pf 10 .10 MOO Pa It 11 . U" H, AS Philu Ins Wire . ,r.2 ."2 ll Phila Kli-o L'2V2 L"JaH I.Vi d. pi-ef.. '71h 1'7 120 Phila ItT U ItU'f, m PhiiuTrm nn ,"..T 70 T.mo lid. lr'M 1 .".ii T.piio Mm 1 l- 7 I'd True. "0 ,'i0 imi u c, i . :n :n 2 I'ni Cos N .1. Kill Itli! -i. ,i i IMt.MS $1 mm HUh Lov. r.7 iteii rt 7s ionH 101 1 Key Tel 1st ,ris ."ft tV.i .'17 Lib Ilniids I'd -1'is ., S7.(sl Stl.fiO 17 1th 1'iS S7,",4 S7 i!h I n- Pts. . !)7.00!l7 00 I Pa Co gen P..s . ... M 'I 1-10 Phila Klee 1st ns s.'! s;i I United Kjs t i -is.. ,ir :c. l. m. chi." I.-. 4 :v, J 2 f; OS if. Sales 10M 10 100 1300 400 400 100 400 100 300 300 1700 2100 700 700 200 100 S00 100 400 (100 100 H(I0U 000 too 200 too 1000 300 2100 300 200 400 200 400 1100 300 100 3000 000 300 4100 100 200 100 700 00 300 100 15400 2200 200 10HOO 100 1(00 100 2000 200 4300 bOO 000 300 100 100 700 too 300 200 2(,0 100 500 4100 210 8000 400 200 4500 400 too 10011 TOO SAO 100 1200 100 0400 sao ooo 100 200 200 7800 1100 000 100 900 2)00 1000 14000 3.1 II 100 200 100 20n 200 100 100 oOO 200 6100 1100 700 2.10 J moo too 17200 400 1300 ,100 8700 100 100 100 800 COO 400 1100 700 100 300 ion 100 200 17011 too 2000 100 200 100 100 100 200 1500 GOO 200 100 1700 0700 1100 100 5200 M as 74 Dlv. In t lllnh . . Adams Cxpresa 32'yi . Advance, llumely .... 10 6 Advance llumely pf . U0H 4 AJax llubber 38 .. Alaekn. (Jold Mine .. V .. Allied Chem & Dye... 9r .. Allied Cliem A Dye pf H9 ft) 1 Allls-Chnlmers 33H 7 Allly-Chalmcrs pf. ... 7714 8 Am Agrla Chem 2J 8 Am licet Sugar 44 U 10 Am Doich Magneto.. 87 J .. Am Can 17 Ji 7 Am Can pf 8( 12 Am car & Udy m 7 Am Car & Kdy pf. ..112 o Am cotton on pf. ... my2 80 Am Drug- Hyn 8 0 Am Kxpres.s 113 .. Am Hide A Leather.. 10)i 7 Am Illdo & lath pf 4J4 o Am Ico pf 88 .. Am Intcrnat Corp... 40 3 Am Ltnneed 81 J o Am locomotive 84 7 Am Locomotive pf... 1031 .. Am Had In tor 70 'j Am Safety Itaxor. ... .. Am Ship ft Com 10?-; t Am Smelt & Ret 38H 7 Am Smelt & lint pf . 7W 3 Am Steel Ii)undrlcB.. 30J4 7 Am Sugar lief 13 7 Am Sugar Itef pf 103 K 10 Am Sumatra Tob 78J4 8 Am Tel A Tel 8V 12 Am Tobacco 118 K 12 Am Tobacco D 113 7 Am Woolen 67 H . . Am Wrltlnir Paver pf 37J, . Am Zlno Lend & Smlt fM .. Anaconda Copper .... 37 Ti . . Assets llcalliatlon . . 3 4 Aflso Dry Goods 27J4 0 A8o Vfry Goods 1st pf 87H 0 Atch Top & Santa. Ko 83Ji B Atch Top & S P pf . . . 7J . Atlnnta Hlr & Atlantic 6?i 7 Atlantic Coast Line.. 85 10 Atl Gulf &VISS,, C4'S 3 Atl Oulf W 1 S S pf 40 li .. Allan Tack Corp 17 7 llaldwln Locomotive? . sy2 7 Baldwin Loco pf ji . Ilaltlmore & Ohio.... 38 I Ilaltlmore 4 Ohio nf . . 83 . . uetniohem Motors . . , r, Ilethlehem Steel 3 Ilethlehem Stcol li..., .. llooth Klsherlca 31, .. JirKiyn Jiapid Transit llt2 . . Hrklyn It T ctfo of dep 1U .. llruns Term 4H 10 Burns Broa 83 . . Butto Copper & Zlno. . 8; . . Butto & Superior Cop 13' . . Butterlck 18J0 . Caddo Central O & It UK a California Packing ... 01 California Petroleum . 3834 2 Cal Zlno & Lend 7i 10 Canadian Pacinc ....118; . case j 1 iyt . Central Leather 20 4 Cerro de Pasco Cop. . . 30 4 Certaln-tced Product 10 Chandler llotors .... 4 Chesnpeako ft Ohio.. . . ChlcnKo ft Great West . Chicago Mil ft St P. . Chicago Mil ft St P Df 44?1 Chicago Northwestern fllli Chi ft N'orthweatern pflOS Chicago It I & Pac . . 27! Ch It I ft Poo 6 pr 2 Chile Copper. HIS Ohlno Copper 21, Coca-Cola 24? Cluett Peabody 67' Colorado Fuel A Iron 2?1 Columb Gas ft Eleo. . . 00 Col Graphophone .... 12 K Consolidated Gas .... H0K Consolidated Textiles. 20 Continental Can 60 Continental Candy . . 4JJ Corn Products Ilef . . . 0 Cosden & Co 31V Crucible Steel fi3y2 Cuban Cane .Sugar. . 23M Cuban Cano Sugar pt 02V4 Cuban Amor Sugar. . 28Ti Delaware & Hudson.. 100 Denver & Hlo Granda 1U Denver ft Hlo Gr pf . . V,a Dome Mines 11 Vz Klk Horn Coal 18JJ llo 14 Krle 1st pf 20 M Famous Players 1. . . C5 Famous Players pf . . 82 risk llubber 14H Frecrjort Texas 10 Gaston Wms ft Wip. . 'A General Cigar C9 General Asphalt .... 864 General Asphalt pf . . OS General Klectrlo 121 Ji General i:icrtrlc rts . 4 General Motors 13?; Central Motors pf fiS Gen Motors deb Sct. S7 Gen Motors deb 7 70 Goodrich B V 42 Grnnby Consol M & M 23 Gray & Davis 12 Great Northern pf . . . 70j; Great Nor Ore ctfH... 20 Gulf Mobile ft Nor pf 22 Gulf State Steel 3H Hablrshaw- El Cable. 12J Haskell ft Barker Car COH Houston OH 70 Hupp Motor Car . . 13J,J Hydraullo Stei ! 20?4 Inspiration Con Cop . 24' 5 Interh Con Corp . !, Interb Con Cutp pf . 12 Int AbtIcuI Corp pf . 60 Intl Harvester new 95 !j Intcrnat Harvester pflOO Inter Mer Marine . 1VZ Int Mer Mnrlne pf . Hi2 Internat Motortruck . 30 Int Motortruck 1st pf 75 Int Motortruck 2d pf Oli International Nickel . 15j; International Pupa- . 80H Invincible Oil Corp . S3 .Iron Products .. . 3s, Island Oil 4j; 37 70 80 8?s Ka 4 S 30 H Low 2M 19 80)'. 37 Hi 7H 80 Ji 33 77 63H 431s 08 27 8 121 112 04H 7J. 123 10K 48 88 "IS 84 83 102 68 H 10 H 37 78 30 01 103 77 K 8 116 113 65?; 37 37 3 27 87H 83 7 )i HS 01 3K 17 87 B 38 83 88 60 11 7 H 83 8 10 UH (II 2HX nj; 117 7 28H s ?; 37 OH son ?; 2 44 08 108 20 63 11 21 23 87 s?; 89 H 80 20 60 08 30 a 83 23 02 28?; 100 I'm ii" 18 13 20 61 H 80 M 1BK 3K 89 3 98 120 3 15 08 07 70 1 22 12 78 2 22 04 I2 8 70 13 20 X 21 Va H 11 60 85 106 3 53K 38 75 (11 18 53 fHi 38 4 1-80 Net Ist Chi. a a l - 50 37Vi 1 47- 89 4- 8SH- 77- 02 4- 44 - 8SH- 27H- 84 4- 128 - 112 644- 7 .. 123 4- 10M- 49 4- 88 4 4 4- 84- 84 - 102 - 70 4- IK 8H- 1 10H 39H 10IK4- 78 -V 00 118 -113 - 07X4- 3J-- 37 3 37- 7H4- 1 83- 70 .. 88 04 30 H -17 4 80 4-00-3 -63 - 4 55 -4- 1 11- 7- 4H 83 4- -12 10 4- 14K- 01 4- 28j;.-o- 1174- 7U4- 20J4- 20- 37 4- 3H 70 00- 1 H- 2914- 4474 4- 0SJ4- H 108 - 1 20- H 62 - n- 3H- 23 - 1 57 - 8 20J4 30 4-2-80 4 20 -CO 4M (19 -31 l f 4 23 - U 02 - H 28 J4- 100 4- '-'A 4- 94 4 V Ji 1 1 H V4 3 it 1 IK 2H a 2 ' l H ''54 V ii 1 1 tlJS-r 18 14 -20- ' 4- 2 832 UH- i8?4 4- ?; 4 .. 60 4. 60 1 OS - 3 120- 4 1554 68 07 70 42 23 12 70J1 34 4. 70 13 20 H 12 . 5C 08- 100 -r 76 01 1 15- H t0H 22H - rj 38 4; .. Hi H1 1 ! ;' hi 1 1 I , 1 , "' 'i Dlv. Bslts In f Jtlsh 100 .. Jewel Tea Sri '2t0 ,. Kan City Southern .. 30 800 4 Kelly-Bprtngtleid Tire 48 10O fl Kelly-Spg T 8 pf... B6 2400 3 Kennccott Copper .... 30 200 . . Keystone T A R UK 200 0 Lackawanna Steol . . . 64 700 8,80 Lehigh Valley 84M (00 2 Loewo Co 18 20 .. Loose-Wiles Biscuit . 33 M 100 7 Loose-Wllea B lit pf 3 10 It LortlUrd Tobacco ...140 100 7 Louisville A NMhvillolOJft 10 4 Mackay Co pf 67 100 .. Malllnson ft Co 14 100 1.78 Manhattan Shirt .... 3K 200 2 Marlln-Parry 14 1700 . . Maxwell Motor 100 . . Maxwell Motor 1st pf . 1200 8 May ftept Store 73 38000 11 Mexcan Petroleum ...169 t0 3 Miami Copper 1874 20000 1.00 Middle States Corp . . 16 8100 .. Middle States Oil rts 1 3000 2 Mldvalo Steel A Ord . . 33 300 . . Minn A St Louts 13 30o .. Missouri Paclfla .... 10 600 .. Missouri Pncltlo pf... 404 100 . . Mo Kansas A Texas. . 3 10O .. Mo Kansas A Texas pf 45 800 . . Montgomery Ward . . 1854 200 4 Mulllns Body 26 2000 8,00 National Acme 37 1000 , . Nat Cloak ft Suit. ... 30 ' 1200 .. National con A Cable 6 300 e Nat Ennm A Stamp... 61 108 National Lead 71 10 .. Nev Con Copper 10H 1500 6 N O Texas ft Mox.... 61 300 10 New York Air BraUo 70!4 100O s New York Central... 73 2000 , . New York N II & H. . 20J4 100 7 Norfolk A Western... 00 3100 7 Northern Paclfto 84 400 0 Nova Scotia S ft C... 38 100 80 Nunnally Co 10H 2000 40 Okla Prod ft Hef 6 200 . . Otis Steel 16 100 3 Owens Bottllnfr Mach. 48 15oO .. Pacific DovlI Corp... 18 1000 .. Pacific Oil wl 8714 100 .. Paclfla Tel ft Tel 40 6800 0 Pan-Amer Petrol .... 74 300 a Pan-Amer B 00 100 .. Parish ft Bingham .. 14 2600 3 Pennsylvania R R.... 41 6000 .. Penn Seaboard Steel.. 13 100 .. Peoples Gas Chicago. . 38 80(1 .. Pere Mnrquetto ... . 18 100 3 Philadelphia Co . . .. 31 1200 .. Phillips Pot 30H 3800 . Plerco-Arrow Motor . 28 800 . Pierce Oil 11 J4 200 a Pittsburgh Coal 88 100 7 Pittsburgh Steel pf .. 84 200 . Pittsburgh ft W Va.. 30 100 6 Pitta A VT Va pf 73 100 1 Pond Creek Coal 13 100 8 Pullman 100 1800 n Punta Alegre Sugar.. 48K 2500 4 Puro Oil ,, 38J4 l00 H Pressed Steel Car.. . 84 300 s Railway Steel Spring. 83 100 7 Rwy Steel Spring pf. .108 1090 1 Ray Con Copper 13 3J0O 4 Reading 83 100 Reading 1st pf 81 800 s Reading 2d rf 04 200 . . Remington Typewriter 33 300 . . Replo Steel n5 3500 0 Republic Iron ft Stcol 0554 10 7 Republlo Iron & StI pt 02 200 .. ReDUbllo MotortniiMr . 51 Tl 300 200 500 400 100O 800 3500 200 2500 100 700 6500 6000 (800 1100 3on 100 700 .too 1800 7100 1100 300 400 200 300 2800 200 000 28000 100 100 1200 209 .100 3l00 100 3000 1109 8300 200 200 10U 20100 200 800 4(00 Boo Cu 800 too 1700 70l noo 800 70n 200 201 20U .1100 1100 J5n0 7J0U 300 200 200 8100 8.30 Royal Dutch NY 06 1 at Joseph Lead 12; .. St Louis San Fran... 32 H .. St Louis Southwest... 20 . Savage Arms 20 .. Saxon Motor 6 .. Seaboard Air Lino.... 0 8 Sears-Roebuck 03 7 Sears-Roebuck pf .... 101 . . Seneca Cop Corp. . . . 19 . . Shattuck Arizona Corp 014 .71 Shell Transport 44 .. Sinclair Oil 21J4 a Southern Paclfla 00 . Southern Pacific rts.. 32 .. Southern Rait 23 3 Southern Rail pf 88 20 Standard OH of N J. .12 7 Stand Oil of N J pf..l08 4 Stewnrt-Warncr Speed 31 M Strombcrg Cnrburetor 40 H 7 Studebakcr 61 . . Submarlno Boat Corp oj; - Superior OH Corp.... 12 .. Tenn Cop ft Chem... 3 Texaa Co 44 .. Texas ft Pacific . .. 17JJ 1 Texan ft Pac C ft O . 30 . Tidewater OH rts.... 12 7 Tobacco Products . . . 64 Ji .. Transcontinental OH . 12 H !.B0 Twin City R T C8 . Union Oil 23 10 Union Pacific 120H 8 United Drug 00 United Alloy Steel.... 32 y United Retail Stores.. 66H Unit Rwy Invest pf .... 31 H U S Food Products.. 25 8 U S Ind Alcohol... . 69 H U S Rubber 07J4 8 U 8 Rubber 1st pf. ..10334 6 1'S Smelt & Hef.... 33 00 U S Smelt ft Hef pf.. 43 83 BUS Steel, 7 U S Steel uf. lot 0 Utah Copper 8s?4 4 Vanadium Corp .. . 30 4 Va-Carollna Chem . . 38'n h Va-Car Chem pf . B; 1 Vlvadou Inc s Wabash 8 Weber ft Hellbroner. . 1,. Wells Fargo Rxpress. 87 Western Maryland .. 11 West Maryland 2d pf 18 Westorn Pacific 0 Western Pacific pf. I Westlnghouse U ft Wheeling ft L E... 1 White Motor . . . White Oil Corp... 1 Wlllys-Overland . . Willys-Overland pf 3 Wilson ft Co. . Worthlnnton Piimn (l Worth Pump pf U. l.x-dlvldeml. 28 . . 70 M 45 . 10 . 39 . 17 0 - 37 45 .. 45 .. (II IjOW I!S 46 80 20 10 H 63 84 17H 33 03 140 10 87 14 20 H 14 si 161 18 13 3l(t 13 10 40 2 4H 1854 28 28 38 494 61 71 10 t 60 7 72 20 00 83 34 10 H 0 16 48 18 37 40 72 08H 14 41 13 38 18 34 20 H 34 1114 OR 84 30 73 13 106 7 38 84 83 105 13 83 01 64 33 344 03 02 31 08 12 22 35 29 6 tt 90?; 100 10 0 434 23 08H 21 32 68 162 107 31 37 49 V 12 S 43 17J4 20 11 63 34 10 H 30 23 110 06 37 6 21H 34 08 OS 10374 33 43 82 100 53 34 tt 38 07 7tt 8 11 87 1034 174 27 70 14 10 38 ld 894 37 44?; 45 111 1:80 Nl Last Che. 8 14 10- 1 48 - 80- H 20 - tt utt- v 83- ltt 84H- 18 3JH 3tt 08 - tt 140- 103 tt 67 14 . . Mtt . 1- V 6 .. 0 .. 72 3t 10 1834 V 13- ifc Yr 3t 13 10tt- 4034- 3 434 4tt 8i 71 lott- 63 70 73 -20H-00-84 38 -10K- 0 .. 15 48 1 18- 1 37 - 1 40 1 74 1 60-74 14 41- 13 38 18- 84- 30 24- Utt- 88 - 84 30- 73 13 - 100 - 1 48- 1 35 - tt 84-1 83 - 1 108 3 tt "tt V 'Va tt tt 4 34 1 IS "54 tt M 1 " tt 34 4 74 13- 82- 1 81 .. 64 31 - 54 35-1 CS - 92 234 31 - 14 60 - 2 12 tt- 22J4- 74 25- tt 20 4 - Ott- 14 01- 334 100 14 10- n'4- 44 . 23- tt 0834- 2134- 1 22- 68 102 I- 1 107H- tt 31 30 tt- 1 6034 034- 12- 8tt 44 1734- K 30 - 12 84 - !4 30 '.. 23- 34 12tt- tt 95 - 32-1 88H- J, 2IH .. 2 08- 0734- 10334 . . 38 - 1 48- 8234- 109 8Jtt- tt 30 tt 39H 3 7 3H 8 8 - V, H ltt 67 a?; "14- 18 . i - m 70 14- at, 10- 3S94- 1 17 8?;- 37-1 4434- 46 h 4 01 LITTLE INTEREST CURB MARKET Pool Acivltles Fall to Arouso Outsiders Standard Oils Drop Now -York. Jan. 10. Annarfntlr. business on the Hrond street curb has resumed its old stride, although prices on the slock exchange have recently made substantial gains. While trading on tho board has been free from manipulation, a large part of the dealings In the outside market has represented only tho activities of com binations desiring to make their promo tlons prominent In the public eye, and so far they have failed to awaken much outside interest. Some of the low priced mining stocks havo been featured by publicity efforts, but mining shares, generally, do not enter at the present time Into the speculative Held. There was nctunl business In the Standard Oils nnd a number of the In dependent oils. Htandard Motors was exceptionally strong and advanced &i, with the buying bnsed on the henvy earnings of the company. Tho petro leums were only moderately influenced by the reduction In the price of Penn sylvania crude, announced on Saturday, the low-priced Issues showing fractional losses, while soma of the high-priced Standard Oils dropped 2 to 3 polntA. International Petroleum still ranged above 17 nnd continued to reflect the belief that some special developments have occurred in the South Amcricnn Ilelds. Carlb Syndicate, however, re flected efforts to mnrket some of the largo holdings, and declined from 0 to below 0. Columbia Emerald was traded In at 4V4 to 3. INUUSTniAUJ Acme Coal . . . llrlt-Amrr Tob res Car Light Columbia Emerald . Havana Tob Intel- llubbr Nor-Amer Paper rorifcuon Tire Rndlo Com ... Radio Com tirct Trlanxlo Film . It B U ti 11 ... V H Htram United Profit Sharing: unuea net canay Buna Motor ... U S Ship Corp BTANDARD OILB Anglo-Amor Oil SOU 10k South Penn Oil 205, 2A0 H oil ot Ind (new) 71V4 70tt S OH ot N Y 818 818 1:80 Hlsh. Low p. m. 12H 12tf 12H 2 3H 2 4i Sit 8 1 xZ IV :::::::: SS fo m :::::::: 2J U A 2H 2H 2U ::::::: iff iff iff UL 1 1 u. nrlns- ... 14 1 ly .. . 81 si ::::::::: St U tt u 1V4 10 235 71 313 INDEPENDENT OILS 10 35 Commodity Markets 7f)f,-L U 10 .. U'.,.. r.2 . . 22 u.. . 27 - " HP;4 i 1.. no . . ,'!i 1- 'N inn 1-1 1 is :ft V m k hi;i I01t, U, mi -U 87.00 .11 S7.2.lrt fl'.'.'HI .02 SI .. Kl t- i :fi , Corning Crude Oil Reduced 1 Sew York, Jon 10 Corning ftraile crude oil has been reduced 25 cents 11 barrel, to 3 75 a barrel This Is the 1 second reduction In the lust few daw BAR SILVER Bar silver was 6 lower In Lond n 1 today, at 40 W, COTTON MARKET New York. Jan. 10. An opt ning advance of 3 to l,r point in cotton this morning, duo to hteitdler cables, met rather heavy mles for Wall street accouut, which, with nn uinier htock murket, soon caused setback, of 10 to 15 points New OrleuiiH and otlur southern selling ndded to the depres sion after tho Hturt. while the ginning llgures were less than hud been ex pected, showing a considerably larger amount turned mt for the period that in tho same time for the previous season. At the end ot the lirnt twenty mln utcH the market was quieter at about points undtr Sutui day's close and 20 points below Inltlnl levelb. Tf ,...nlt.j nf .nttnii nt rlio nnrta fnr the 1h nre estimated nt 11,000 bales, HKninMt 7HS(i Im'oK n vu-ek ago, :i!i:i,4lin I). His u yeiti iik'J aoo -,oo uaies inn ciir.M ntro. Prt'Viiiitu Muntli l" Janurj J Mnri'i MHy . J 3 July :'" Octobor .... 15 7l GRAIN MARKET Chltago, Jan. 10 With the Hritlsh commission still nit of the market, wheat uenkincd this morning There una vi.lllnir In , uMimlhsion houses. Ollt- tiijers continued to hold aloof I March opined nt S1.72a to $1 72Vs, against $1.71 .11 tin- elosu Sittuiday. May stai'lcd one cent lovvei, at $1 Hil'j, arid receded ( SI 11," Corn opened weaker under general helling b.v coiiinil Hon houses in small way The decline ran tho market into bid prices lininetiiat(i) alter me open ing. Stocks of Mini nre iiccunuilutiiiat. May opened at 7 1 Vie to 74p ond later sold nt a net loss of :Hc, at 74c .Inly Htaitrd ut 7rt'Ae to 7rc. against 7,1'.p at the end Saturday, uud receded to f tTtC. Il&de in outs wus light. Tho market t'paing 1: S 1. C,,-, 1". HO II 70 13 83 12.30 v ni 10 OS is 01 10 S3 10.S5 opened easier. A shipping house bought on the decline. Muy opened '4e lowir, ut IS'.i"', and declined to 4S!V. July also started ut a decline of J4c, at Vtv. Karly estimates were for 20 cars of wheat, 825 cars of corn aud 210 cars of oats, A private cable said that m the province of Bombay a fumine exists in one district, und its extension is feared, owing to continued drought Corporations to Increase Capital lrairlKlJurjr. Jan. 10.--Certificates of notification filed with the Pennsylvania Publo Service Commlafclon Include Phila delphia SuliurtKin Clas and Klectrlo Co for $3600 of stock for acquisition of t lirhteen fan and eleotrlo companies; VVm Pinn 'ower Co , PlttsburBh, stock, ta.GuO.dtiO ; Clearfield Water Co , Clearfield, Htock, 802,000: Metropolitan Rdlson Co Read In tr, bonds, $81,000, Keyetonu Trlepltone Co, Philadelphia, bonds. $500 000; Phoe nlxvllle, Valley Fuwr nnd RtrafTord Klectrlo juiuway io . j-noiiiAviiie, noieti. JSS.OOO ; Kasiern ivnnsvivnniii iiauwayn Co., Pottsvlllo, bonds. 83000. MONEY-LENDINQ RATES NUW VOBK Money on call, both clastes of collateral, opened todnv at 7 Ier cent for lending and renewing. VIIII.AHKLrillA Call, C per cent; time, 0 per cent; commercial paper, three to Blx month" 0 per cent (Note These ie merely nominal quotations, as the leifnl rt of Interest In tho statu of Pennsylvania In fixed at 6 per lent, Plult premiums and com missions, time money for thirty to ninety days. Is loaned at 8 to 8V4 per cent, while commercial ouper, from three to six monthB, Ih beliiiT offered (it 8 to &n per cent.) Boston Firm Omita Common Dividend lloston. Jan 10 -The W II McEI waln Co. tok no action on tho common dividend due February 1 In October, the common dividend was reduce to 75 cents from tho previous rate of 11, BO quarterly Regular quartern- dividends of J1.7B on the first preferred and 1 per oent (76 cents) on the second pre ferrM wore declared puvobb Febru ury t to atoi.lt of record January 1C FOREIGN EXCHANGE New York, Jnn 10 The foreign ex chanue market opened with a Mgorou upward movement, with tterlins with in Me of the high record, at 3 6fli, lor cables and 3 0B-4 for demand. This was a gain of ,c over Saturday's final Other quotations were """ nuica ib.lti. nh.lo ,rtr. guilder cables 32 25.' checks ?" in . ' XSL. ? A" i&tf s ocsi Ain.d on Arkansas Natural Oas . . . Boon Oil nostra Wromtnir Carlb Hyn Carlb Hyn Trada Cities dervlco """ ctf.. Cuihlnc Pt runny Oil Elk Basin Pet Ksmeralda Oil Federal Oil Ole nrock OH Gutter Gillespie Hudson OH Int Petrol Kay County Has Merrltt Oil Mexico Oil Mldweat itcf No Amor OH Nobis Omar Oil 2H Pennok oil 0 Producers & Keflners... rU rtyan Cuns 12H Salt Crvek Con (new)... Ill1 Slmms Pet SH bkelly Oil 8Ji Un Texas Oil ? Victoria OH new 1 MINING Alaska-llr Columbia .... U Arcadian " Atlanta 1 Hie Ledjro iV llooth 4 Iloet A Mont 30 Calumet & Jeromo ft Candelarla M 10 Cons VlnrlnU 3S Cortz Bllver 64 Charon loM 1W Eureka Croesus 10 Eureku Holly 44 OolJ Cons 0 Oold Devel 1 Ooldflrld Florence ....... 13 Oold Kenrana - Gold Zone 24 Great Ilend 1 Ilecla Mining 47i Jumbo Extension 5 Knox Dlvld 10 Marsh Mln 8 Mason Valley : IH Mothertode 04 Motherlode new nVj Nlplaelna 7 North atar 0 Prince Con A lUy Verde Cop IH Hex Cons 0 Rochester Mines n Kan Toy fi Silver Kins' Divide 2 Ko Am P & O 4S H Silver Load i Success Mln 2 Tonopah Delmont If, Tonopah Cash Boy 10 Tonopah Plvlda 1A; Tonopah Extension IS1 Tono-JIm Butler 10 Tonopah Midway 14 Tonopah Mln l'.ii Tcnopah Mlspah S Tonopah Montana 11 Tonrrpah uescue -buia . . . United Eastern Victory West End C White Caps Wllbert BONDS Amtr Tel lx. 192 Anaconda 7s, 1029 . Anirlo.Amer 7W Arfnnur 7 Ucth Hteoi 7b. ionn Iltth HItel 7s, 1022 Cerro do Pasco Hs Cons (las na Cons Textile 7o . .. . Ulamond M.itch THiS . Goodrich Tire 7 Heinz Co 7s Inter II T 7a Kennecott Ts ... ... Northwest Bell 7o W I. New Haver; 4a Seaboard Ss Suars Iloeliuclt 7b. 1022 SVhrs HoebuiA 7a 1023 Slndalr 7'-jfl Suhny Ss Southern By 7s . Htnr.l Mil rultf 7 Stund Oil N V . 102B ..100', 100', Stand OH of N V 7. 10.10 101 M, 101 U Siilft A Co. 7b .. . 01 fiVi 1'iilnn Tank 7b 101 101 Western Elec "s . OB'i P0 281 a ft iff 23. 2 4 4 J J'" 0 S tin',. II2"j SUV, 6(1U (I2U 92 10(5i 1004 100t 074 07! 07Vi . ... (11 ws or, ('"'--j l'7 07V, lmvS 100'; ioo'h . UUMi 0(i 0DV4 . . .us 11s ... mov, iim 00 no ... . O'.V-j OS OH S3 (12 97 07 04 U1', Ii'.'., Ml4, 1(10'. on .100 66H. H7 1 If., toil nn 100s (18 loos 90 invs ea H' 07 07 r,3 n.v. 11- sos 1(K) ini 100s 100 v. 10H 03u 101 011H t- cablesnam. 210 CXcks ,?,!ri? '?r cables were 10 so' checks lc IR"rl,h,"an"1 hagen cables 17 00; checks is CoiVY Itan cables uer., ti a . awc ,,' ' ' " marks were 1 .t'i -"eiivH t-81, . A rcaitlou to Ill's, rw.,- r.. . 16 per cent, In the orTm. 'l'...tt,f".V"" i.lto'.eaaT exchange In New York V! "t tnjiMdlan ttt ling coun 13 SATUJlIlAY s Demand Cabluti PI.VAI. Ql'lrATIi.v. a Hi r. u,i 1 .'. 31 .-, TODAVH ui.BM.Na WWATIO.VH "" Demand d'u'.v" ffM" i-re Go Mtr cabu. JS 3 S3 SJ2t, ::j BANK CLEARINGS J!ion1i.ni,V.'1ai0'''"wr. with ur. intnn ! V1V 77i '-' l",02 lOtl.ag.-.nsr mm,.,., 15,N1)3iBoi 42 "isllii LIVESTOCK QUOTATIONS o,.rpTooJounll100:ororKl'u,,1''; 'JtiJil-j'' ,0.c. .tewiiWftJ fits? head receipts. 2S.O00 SIIKEP hstlmulwl receipts. 87.000 head. I'ltUliunth. Pa,, JH jfl CATTLE lie. celpts, lsiiii head. Ixmer Hti-rs, IllJi .,m, ......uin, .niifip.QU, CUH8. IlfttN rwelptn, iihio bend Lower Top, Calves. 11 a r.n HO(iH Hiei'lutH HHli'S III 1lii(l) ' jorkiTH mill juh tlonoctlotlO DitL.i.1' .-lli 000 head Luwer Icay und llklit head HUIht n.,zo; lower. LAM1IS lteteluts. (lllllll I'-'U 4U.4U, TWW lajiibu General Asphalt Co. Conv. S. F. 8c Gold Bonds Due Dec. 1, 1930 Assets reported upproxi mately six times outstand ing obligations. Average earnings for fivo I yenrs 2 times interest ' nnd sinking fund requlre ( ments. ! Company agrees to pay 2(,J, j normal Federal Income Tax 1 and refund Pennsylvania I four mills tax. ' Convertible into common I stock par for par. Vrlcc 98"i and Int. Yielding About 8.20',; Elkins, Morris & Co. I-ind Title Hldg., Phila. L!I Mmnbera Tork 1 Phila Stock Lxchr.i.s sasua Wc Strongly Urge the Purchase of Liberty and Victory Bonds Which ftt present prices offer to the investor the following opportunitiem Absolute Security of Principal Inevitable Enhancement of Value High Income Yield t 5lA to 6Vz Orders executed in all U. S. Bonds and Certificates of Indebtedness Telephone, Spruce 1480 '' commercial trust Company Member of Federal Reserve System City Hall Square West Philadelphia CENTRAL TRUST AND SAVINGS COMPANY ASSETS Cash on Hand 459,272.81 Cash in Banks 2,105,638.70 U. S. Bonds and Certificates 582,029.15 Demand Collateral Loons 1,716,410.16 Time Collateral Loans 645,606.80 Commercial Paper and Acceptances... 4,581,107.10 Loans on Bonds and Mortgages 596,020.00 Stocks and Bonds . . 685,186.91 Mortgages 075,282.00 Real Estate, Furni ture and Fixtures 358,672.74 Other Real Estate.. 19,500.00 Miscellaneous Assets 15,520.86 DECEMBER 31, 1920 LIABILITIES Capital Stock $ 750,000.00 Surplus 700,000.00 Undivided Profits... 01,625.71 $12,525,146.76 Rcservo for De preciation 10,000.00 DEPOSITS 10,934,288.53 Dividends Unpaid . 108.75 Accrued Interest Payable 01,129.61 Miscellaneous Liabil ities 4,994.11 $12,525,146.76 Trust Funds ,.,.,. .$3,543,162.31 T. Comly Hunter, President Clement J. Craft, Vice President I Charles K. Lukens, Secretary George JI. McNeely, Vtco Presi dent Theodore F. Miller, Vice Presi dent Frederick G, Helmbold, Treasurer Anson B. Evan?, TYtfe and Trmt Officer George J. Hanhausor, Aaiiitant Title and Trust Officer Lewis Van Court, Assistant Treasurer New Issue United States Treasury Certificates of Indebtedness Dated Jan. 15, 1921 Wis due April 15, 1921 5's due October 15, 1921 Denominations, $500, $1000 Subscriptions Received at Par and Interest Subject to Allotment Frank raaSBIi i !-. 18th. St. bdow Market Capital, $1,000,000.00 tfust Co. Phita.S2ndoMtrt8H9l. Surplus, $700,000.00 Wo Recommend tho Purchase of Liberty Bonds Jmt issued a circular regarding Penmylvania Railroad. Yours for the asking. NEWBURGER, HENDERSON & LOEB Wem6erfl New York and Philadelphia Stock Exchanges 1410 Uiestnut St r Lit Brothers Stock Wanted H. F. BACHMAN & CO. HANKKUS lt!ntablinhtd 1806 M.ml.frs Nsw York nnd Will""' phlft Htock Hxrhoni 1425 WALNUT STREET Vhlladflptila . t " - ' MeftTsSBSaaaSrttflaM .rrutti SrStSiiLal (' i .,,., 3iSKISwSMssirt5Wi5 ia m !. , ,. nyii jMyi&!&yi- " 'wi K -IM
Significant historical Pennsylvania newspapers