.. fifiK ' i 20 Cftf o" Lancaster ( Vrt. Sewer and Imp, 3'2 Due September 1, 1934 Price to yield about 4.75' i Miami Conservancy Dist. S'i7 Gold Ootid Due January 1, 1941 Price to yield nbotit SBC'o City of Portsmouth (Va.) Imp. Gold 5' 2i Due January 1, 1951 I'rlco to yield nbout 5.50' Correspondence Solicited Lilt of Selected Bond mailed on request STROUD & CO. JJVmbct-J J'ili'i...'pS'a 5fni-li Jxi-lJn i 1429 Walnut St., Philadelphia 52 Brondway. New Yorlc Correspondent STROUD, KURTZ & Co., Inc. Waihinston, D. C. evening Mro -j '. ' i ;:',,t. i ' 'i it i r. .,-. i ir-y.t f - Tl .iV if 1 '" y ' NIMATEDREBOUND Our Service Moody's fatatr m" truineil experts perform service for over lli.ui'U clients. They analyze lui.siness and financial conditions, study the trend of the markets and rate very type of investment security. Investors everywhere are making use of this Service, including banking institutions, trust com panies, insurance companies, cor porations, binine firms, trustees of estates and individual investois. Service of the character we ren der is within the reach of every investor, laree or small. Charges urc extremely moderate, and based on the needs of the particular type of client. Vi'f for full infonnatiun to Dcvt.S IN THE ENTIRE LIST Starting With Specialties the Market Developed Tone of Progressive Strength New YorU, .Inn 10 While the trail i wni coniplruoiiil.v sppclnlixcd tri llion market diweluped u deelilrdly t n.rii? tniio. There .! a proRrotilve rward movement uliii-h virtually ex 'Muled to nil piirt nf tlie list. It wni nip-ly nn Imluittrlnt market, yet vvliite "li" rnlU ami copper vere lncitnril i 'iiriiiR (lie enrtler proeeedinKs they, too, iio Hnteiiienti taken up and ghoti iihMtniitliil IxMnt. The oiitxtnii.liiiK feniure of the iluv's n uitinti was in be fiuiiul in the slight i-tiitne lilt It the market onooiiti-ii-il mi the upwnid iMinn. The Ininj I i ipldililinK "f prices nine in for ii"p nttcntlnn heeui;i' 4 tin. entire Iwni' ..f nn.v r al ititniilntiiii; tli-vi-lnp-n nt t.. expliilii the radical reverxul In eiiri"t M'titinient. In n inimlier of m- -t.-n tin. niiiiiipn'nttv)' elinrncter of 'i" i mi iiieiit un -.n"pIeuoiiHly trade .i.ii l.i d. Neirrtl'elesH, it Mas highly in i "I'll mid the ease with which tlie .in. m stiieki and croup if storki wore r ii m r !. iiirrml upward indicated u 1II'I.I'U- S'MIII' Miipl) nf stl'l'IW. Ill ll i tin uii,-.'f-iiii"i nn the part of the inn inter. t mi iJio ulte appnreiit ii.. mil imiti.i n( the iixlustilnl speeial i' '. iiieie espfciall tit" pool ti4iic. 'I I use pletlneil to till coiiHtruetive sldr PI iiiently had a tlrm rip upon the tirno list In all events, tio triliilile i urnl tn he (xjm rienied in the mark ni: ni pioceMs wherever and whenever In j mm lit. In ot.icr words, the char i' ter of the tnnrket wim just dlrectlj op. '('site of the dull movement vvltn"eed ast mniifli.. That in to mi, whereu i" liears were then aide to cotiliinuiuslv ni'mer fresh weak spnts, those respon sible for tlie enrreiit forwiird hwIiik ap mrently enjii.vil tin- sumo ability to in k nut the str"iii; .spots, or, perhnjis, etter spenkiiiR, those that proved to ii oversold Tin re wu, 1,1, indication of the nm.wiiit rebound in the upenlnp innrkef i Inch was ipiiti inrgulnr and ipiid. !n fact, there wii little done uniirt u the spcciiilti, s ,Mies whirh had attention in tlie NEW YORK STOCK EXCHANGE TRANSACTIONS -'inniiiiiileil ((ireiuunt ireeeiiitm sessiniii., Kxceptinir mil, which were dull and 'ittl" ehmiK.Ml, the m.irki t broaileneo in etense pool iiperatloim durinic ill' 1. 1. Tiling Olis tiilva need " to '1 P"i:.ts, with Houston Oil as the out-, -tii!n.iii4 fmlure, lieneral Iilectrlc, rep-I ii st i, tu k the equipments, at a 4-pointj id v nine Mi'toix rose I to ".a. and l lie i.idept'i dent steels, iih well as eop- I MOODY S XNVtSTORS OEKVIUB oer- an I si.ippinirs, Bllliiil 1 to -J. I "lis i. i.'i.s spei lames ineluiled Inter- .iicn 120a 100 2.1(10 23 lit 21)0 7110 730 COO 4)0 10.10 300 i?.in no 10(1 in in 2010 4ID0 310 .11-0 100 SO) 910 2W0 illll I II JO 100 10 to to 20 0 1 110 "3)0 400 200 .00 K00 10(1 i (III 4S00 1011 100 2011 100 loo oion 100 11.100 2snn 100 1011 1)00 1000 000 POO mo 100 I Oil 200 100 2IWI too 21100 700 :o,) son 7010 10(1 sun 7P10 voo tuoo .10.1 1100 210 700 110.1 Ulv ln$ lllth , nt , 1 , 37 Vi Ht Alar Hubbcr .. Alaska Oold Mlnea. Allied Chem & Dyo. 4 Alllfl-Chnlmers .... 7 Alliii-ChalmfrH nf... Am AKrle Chcm 8794 Am Ilect SuffAr 47 H 10 Am llosuh Mnnneto.. 4 4 Am 11 shoe Kdy now Hi Am Cftti 2HV4 1 .Am Can pf 87 12 Am Car A Fdy 124?i Am Cotton oil 32 0 Am Drug Svn .W Am Hide & Iuthfr.. 10V 7 Am !! do ft Iontherpt lVa t. Am Internnt Corp... 47 j Am i.inseed JJ Am Ixicoinotlvo " Am Locomotive pf... Am Snfoty Hnzor. . . Am Hhlp & Com Am Smelt & riff 1 Am Smelt d lief pf., J Am Steel Iounilrlca. 1 Am Steel t-M.vs pf . . . 10 Am Sumatra Tob.... 1 Am Stinar Ui-f 1 Am Sonar Itef pf . . . 8 Am Tel ft Tel 12 Am Tobacco B Atch Top ASK pf . . 0 Am Tobacco pf now. 13 Am Tobacco U 7 Am Woolen 7 Am Wooliin nt Am Zinc Lead A. s pf ' jwiutonoa copper ... 40 4 Ahuo Pry Goods 27'0 Akio Oil . . . . os 0 Atch Top & Santa IV snit Atlanta Hlr & Atlnntlo 0'4 T Atlantic Coast Mne. . S4 i 10 AM Olllf SWISS . 74 H " AM Oulf W I S 3 pf 42 '4 7 DiiMwIn I.ocomoMv.1 . P2 iJaltlmoro & Ohio.,.. :(, Vn 4 lMltlmoiij A Ohio pf.. 8lo . . llethlehum Motoni ... a3 fi Hothlehem Steel . . 5 C Itethlehem Steel H i0 ltrltlyn Knpld Trnnult ia'2 nrklyn It T etfa of dip H Ilrown Shnn 41 10 IlurtiH Hrun Ss.,; . . Itutto Copper ft Zinc. . SiJ Hutte ft superior Cop I3U Tlutterlck 1'2 '"addo Central o ft 11 17'4 'nllfonila Pncklne ... 2!-i. . i .illfnrnla retroleum . n.'i!-s aiuornia I'etrol jif. . 7. s.-. , H4fc ,103 . 8H , 11U . ft?' . 30?n . RU . 77 . osh .104 . oo-H .118 . 701 . 01 ' 4 .11.1 . is',i 0; o JOHN MOODY. I'retidtnt !i24 Real L:to Tru.it Slda . Pa.Is , Tn. Vw Vork llotirn t hlciiico E. H. Rollins & Sons fu'inrril lhTrt 1421 Chestnut M.. Philadelphia lloiton .Acii 1 vk li WltM-MiirK llahihimc I'hua'o .'in 'rtsnciieo RI0RD0N COMPANY, LTD. ' 'i' t. ' t'lL '-rge-' n.ii'.uiac-ture-s of bl-pchcd sulphite pul;j i:: t i vvnrlj uceup cs a di mt-:ii-t position in tic industry wlrih prodiK'-j tlie 1 is-c f''i t r '.:i the mam:- icfir.; ' ',1 ..:'h t'rde papers SV. BONDS, DUE 1940 t this comp.'.nv, suuri . !; a ! rst iiii.rtK'iKC un propi.it. ea v!'ir!l hv, i t t Up If. 'i i.T'- ber 1 I'M' i. . wr ?l-',2:l"i '- v i i -l e t. t ! 'it, ,r. ''ie issfic, r.rc .iv i-i'ile . 99 AND INTEREST TO YIELD 8.10; Complete detail im to this offering wilt be aunt upon request for Circular L-JS0 i.iri . ti.ii raj.tr, Industrial Alcohol s ars-iiofVi.-i,, WtirMilnitton rump, I'.iet Suirar, I'lihnn Cane Supnr, To- I in .ii l'ro'.ii.-fs mid ltetail Stores, the"' ilsiti 1 t.. : j.. iints i Itj li.nhiaj the mils under tlie lend if Kfiiiliiu: ills. i swiiiii; into line ivnd , Ve. I'lirlied to higher lt'VeU bj tlie, .'iiiw.iii; stieiiirlh nf the upward our-i rent In the laenii'iine the cull renewal i iite was ti niiitiiuiid lit l per cent nnd. I in "t'diiiK to tn strut report, i'.iIhi I ni'i iis ,miil iii jnrnte oll'erlni,s. al Zlnk ft Lead C 1( Canadian Pacino 117 . Central Leather M 7 Central leather pf . . , 01 Orro de PnfCo Cop. . . SI iu Chandler . Motors 71 Hii napenllp ft Ohio... HCr "S I'lilcngo Mil ft St 1'... 29b ' IHcivbo Mil ft .t Pi( 4 4 ' IiIchko ft (It West pf is',, v Oiioaito Norttnveatern CO .. '"hi'-ajro It I ft Tao... 27 J Chile Conner ....... 1? i 2100 1 5U Chlno Coliper -i'l 1.110 .. Coca-Cola W, 7)0 3 ''olorado Kutl ft lr.n no 200 . ''.ii ft southern 21 000 3 Column Clna ft Klec... wv, Tsnu 1 col Uraphophonc . 200 4 ' 'oinp Tab lleeordfl sOil j CVnsolldated Textll 1200 . Continental Cnm'v 5000 . Corn Products Itof 1100 2.M) CoHden ft Co. TOSE OF LOCAL i M-IRKET STROMJEIV 'I nn.sv lU'trpnchriwnt Policy Ri'xnrdal Diplomatic and II 7m? Move . s . We have orucr? .iru: solicit iiiquiri'-.'s in I'ortlaiid Hailwav 1st .j's, 1H3U taddo Central Oil & Itef. 6's item MiMiuiKfiilii'l.t l.t. A. l'uwor ." MUM )lliiutrsile Litfht 1-t OV- lDt'J I nitid iiii Imp. -! '123 West I'ciin I'ractinn lst." lji,ii l1 ".1 n.ark.t fal!.-.. , r '.. t.e' .iiiiinuto'l r. t" Hid in the .'W "Ik iiiinket, hut vi lint the ;t Ineked 11 hre.ulth and in vin,.iiie of t.iiriti' -t i.ior" than made i,p m sjrincth. That 's to HiV irlees fv t, ,, i.f the noire l"l illieiir I'M'lll 1ssik m;, v, ' s i. 1l1.nl. 'Ill'1 only irjii.itii'.t r.fu.c i.rred In Uenerul Asj.uh,-, i. , . 1 111'l.fd uji over . iiiits fr.mi the pn vi ms -n't-, )riiictnif tlie niti I'l.'ii in 11." with the tpii'tateiii pr. will.:.,; in the !iu 1 .arket. The trmliti' 1 niitiii i tr il' iiwtiei.sions, it 1 ti nriT' r tlian vestenliiv. 11 l'enimvlraiiiii It.iiir. .1 ';.. w 1 1 la tin 'oel; i' 41 " ..r th al.oii: f t.n n.anim'eii en- i:. trt in liim nt poln v a- Miei.deil on the dtitM T'li a uipltiinntle 11 "i,- possible irnti The liw .,ii' hi a -" per 1 it,: itii'-etn,:i en'i 'icm lv he r-jeeted l,v f vi "f r ii - inmlitii'iis privii'lins 111 t'lieritl bllMIiekn i-ituutio:. Vl'ioiiff the i.ii,. i' ). , tu Mm-.. trie Stonitfe Tin r r . r t w s , ... trunF'st leutiires n !mh.. 11,1' 1 ii ., o ii. T ..id v I e.iriiinut , etl,ilo) llli', "t Ml, Hl.l !. aliiu 3.111 !v w.l - si. hi 1 d The 11. ti 'i nil.rii; t1 . IliVolali,; i ..a, an I w .s . i't.-iil- awl ertain to :. uii.uri; t'..' i rKu.i: j. 'an II. WM( s men it he uooo luo 700 too 1200 1 OH ton .voo tO'l 1(11) 40(1 luOO 401) 100 4 (.00 101) 100 1:00 -oo 0ll 41100 200 auo .'.coo 02111 100 10't 300 000 100 1011 101) 400 2100 a 00 ion 2700 100 a 00 I11OO unii 300 100 lo ton 4 mil) 0400 2! ion 2110 300 . 31(11) 1 Crucible Steel Cruelbln Bteel pf . . Cuban Can fiusrHr . Cuban Cano Sugar X Cuban Amor ?ui,Mr. lvnvi r ft ltln Cr.un: Denver ft 11. o lr pf Pome Mini? 7.1k Horn Coal A i:ik Horn ( mil pf. l.tiiemon-nraiitlutr i Knilleott-Johr.Don , . ; .. t:rl , . Kile lnt pf (i Kiimous Players L a V.imou.s Plnyori pf. 1 Klst.ir Uody . . FIhU Uiibtier Kreip.irt Tes.10 . .. '"t.th'ori Wins & Wlir . . ijtn-ral Asphalt . . c.ii.ral Asphalt pf . 7 'Je.ntr.il Clpar pf. . . . .1 (Setirral Hlectrlo . . . .. General Klectrlo rto. i) iJen Motors deb CT-. 7 1 Jen Motorn .leb 7". 1 ileneral Motora t Goodrich v 7 "rtat "ortern pf . 4 Ureat Nor ure ctfr. Oulf Molnie ft Nor pf 23 ' 4 Ha.skell ft Darker "'ir 3s i . HouMton Oil ;r,', HUpp Mot, r Car . . 14 4 Illinois C ntr.il j"i, .. Inspiration Con Cup .. 3.1 "J .. Intirb Con Corp .1',, Interb Cuti Corp pf . 11 t 0 Int AgriouL Corp pf . 51 7 Intl Harvvst'-r new O.V'j Inttr Mer Marine . 16 ., 6 Int Mrr Marine pf . .18 Internet Motortnu-n . 31 1, International Nltk-; . rvt . Intirnatluti.,1 P.-p..- . f.u'n Invincible Oil Corp S4 .. Island Oil 4;j . Jor.es Hi oh Te t . . . lllf, . Kan Cltv S'Mtl.en . 20'4 4 Kt;liy-sjprin(j:ii.l T.r- ISH tr, 20 H 4 72 i .11 i 100 , ni 24 , "? 20 t lit 17?4 01 11 20 51 filH mi 1H ni r; 104 01 12s 00!i 7Dli l?i 41 Wt 2B, Low 34 Vi 1 H 30M K0!-i 8rt'4 47 rv.i 4K 2? IS SOW 123U 21 tt H 1(1 4J 40 .!'s St 10:1 11 'it 3N"a n-i, 30 h flllVii 17 X1V1 I03?i 033s lis 79 91'4 114U M VI 32 3SU 27 It, 04 bll 0'4 HU 7114 '- 01 Vi J5IH 3;4 35 fl -US 13!'. 9'4 41 -'t C 13U to':, 10 i r,i '4 at 74'6 Ci '4 I10i( 41n 04 SOU fh'4 00 28 ll f'H'i 271; lii 21 '-, 23 '4 27' 4 2S'f. to 10!,, 3H i 20 4 701, 30 T, 01", CO 2:1 i 03 29 I i 2H lHi !7'4 34 00 1 ?( 20 Ti JiO M?a "S','4 It 10 'j 01 '0 104 01 123 '-b 4H UOli 7J-i "!'. 4054 ?0)5 20H 23& C.7U ll'l 1.1 .--9'4 3"!4 .1 13 X .til 10 Js UK 34 H 1.5 1'? JiHli Ti'i 15 20 leu Nt Chuu, H 11 ii li m 1W 1?, 1 30 Cluntj 3,1 1 f3M ' 37 t- 14 ftl 1 B7 2H 47K ll U J 1V4 SH- V2 2HH 8BVi- 12i!i 22 r ST'i -I-10K. ttt'i-i-471, I Mfc VA 103 8U llli C0J4 Hi asW U :ioji. ? nflli-i- M 77 031i . . 10t l)0)4 .. lit '4 70 01 14 1- 1U14-I Vi 08J4-J- 1 08 32 - 40 I 27S.H 05 - a v U- 84J4- 74H 42'4-02M-!-30 ' fitH ah RH - 8o?m 13!i O'A- 41 i- HeTl ! Mi m 1 IB' i 17 -:- 02 (j f 3.1 liH- 75 I 0',4- 117 !- 42?i, f- 04 ' ni?'o I 7t, oovi f 20:54 UK -1 1S2J 1 00 1 27 V, 12! -20 : CO), 10 UJ -W ' 20H-' 4 - 1 lVz Vi i A 4 14 li Vi t. Vi 14 M 1 Hi 3'4 34 1 ','4 "4 (4 H H 14 1 RiIm In I HUh 2500 1 Konntcott Copper .... 21 300 ., Keyntono T ft n 1U4 100 a Lackawanna Httel ... J t00 a Lee Rubber Tiro ISfj 2J0 3.80 lehlBli Valley 84 (4 too 100 100 100 too 100 100 100 10500 400 700 H0O 100 100 100 300 100 2000 200 Lcew Co .. 174 .. Ixift Corp IIM . . Loose-WllfH Dlrcult , 35 12 Iiorlllard Tobacco ...140M 7 Manhattan Kiev ruar 85 2 Marlln-Parry 10 .. Maxwell Motor May I.vpt Stores 78 12 Mexcan Petroleum . ..lnlji l.GO Middle States Corp ... I2J4 .. Middle States rta.... '2 2 Mldvnlo Steel ft Ord . 32 . . Minn ft St Jvoulu 12 ,. Mo Kansas A Texas . 1 . . Mo Kansas A Tcxbh nf 3 Missouri reclflo 10W MlMourl Pnclrlo pf. Montgomery Ward Mtillinft Ilody 100 n.BO National Acmo 800 7 N'atlonal Ulscult . . . 100 .. Nat Cloak ft Suit... 200 7 Xat Cloak ft Suit pf . 12o 0 Nat Unam Stamp. . 200 0 National Lend 200 0 N O Texas ft Mex. . . 000 .. Nev Con Copper.... 00 ti Now- York Central.. 100 !j.r,0 Now York Dock 41100 300 1500 .11(1 230 000 2000 7500 1011 lino 780l 101 100 100 1500 2800 too SOI) 200 3000 100 81)0 100 501) 2.100 1000 100 10011 12O0I) 100 200 400 100 4.101) 700 Now York N It A II. 7 Norfolk ft We-tern.. 1 Northern Pacific . . , . 40 Oklu Prod ft Itef 2 Orpheum Circuit . . . 0 Pacific Uns ft Klec. . . . Pnclllo Oil 0 I'an-Amer Pttrol . . . 1 P.lll-Atner It 6 Penimyhanla II It . .. Perm Sftibonrd Steel. . People- Cas Chlciitfo. l'eie Maniui'tto pf . . . 3 Philadelphia Co . . Phillips Pet . . Pier- e-Arrow Motor 3M 1SK 25 22 .107 , 3 . 7014 , 72'4 , 08 , 11 Vi , 72 Vi , 2IH , 21 V .101M . t3?', . li . 2N . rt?J , 30W . ida no'v . 41 tj . 18 V . 35 Vi . 35 . 39 H . sow 20 8 Piene-Arrow jif 7H H 2V5 1 l'4 ?4 1"4 : !i . H - i 1 is vs H 72'; 1- 2V4 1 .ll'i-I 130 W 4- 00 - 24 u r 08 1 sou J VA 1 1 12b A- 17?4 3D - !'J : t 11 20 Va , 57 !'j 81 H5'4 -14 JS ! 10 I cirj lul 91 129 J 5JM OO'i- 7BJ5 U'h 41 70, i 20 H 2SVS -1 r.sA 70'4 13 50 14.;. 35 Ji-- Hi. f 1414 ro -5!4 loH-i 851, I ?.-( 13J, 20 1 t.SJi A Hi i'A 1 1 H 1 4'4 ' Vi Plene Oil II Ji H Pierce nil pf 7V Vi I Pittsburgh Coal 00jB II Pitts Coal pf HHVj 7 PlttebtirKh ft W Va. . . 31 8 PresKc.l Steel Car HT H Ptillmnn 1 to 3 JMmta Alesfre Suirar .. t9)j 4 Pur- OH 30 K K.i lway Steel Spring. S3 1 Hn ( on Copper It 4 IleadlnK S0, 2 Heading 1st pr 81 M 5 It.-artlnir I'd pf .IO'j . Ileinlnuton Typivviter 33 J3 Iteplu Strvl n.l (I Itepuli'le Iron ft St.v-1 tli)!4 . U nubile Motortruelt . 22 "8O0 3. SO Hnyal Dutch Aincr... Tflii 210 .. st LoiiIh Sun Fran... '? 300 .. St IaiuIh Southwest. .. 28 000 . . St I.otils Soiithvrost pf 40 400 . Seaboard Air Mne. ... Wi 1800 s Sears-Roebuck 00 12.10 .. Seneca Cop Coip.... 20'4 100 Shnttuck Ailzona Curp 0?a 100 .14 Shell Transport 42 0100 .. Sinclair Oil 24 .400 0 SloHP-Sheff C5; 2100 0 Southern Pacillo DM; 0377 . . Southern Pacific rt. . 21 10 10 southern Itall 2:14 100 a Southern Hill pf . . . . Iii) 100 11 standard Mill pf . 78 310 7 Stand Oil of N J pf..10s4 210 7 Meid Tube pf Bfll,j 1010 4 Stew.iit-Warner Speed T3V4 000 J .sitr,,), ra ( arloiretor 40 14200 7 Stiidobaker TtJ.; 100 7 Studf baker pf 87 210 . . Subtnnrine Iloat Corp y 2.10 2 Suptrlor Oil Corp 13V 100 (I Superior Steel 45Vi 100 . r, mi Cop & Chem... 8-H 8100 3 Texas Co Wis 100 .. Texns Co. Warrnntu.. 43; i 7100 1 Texas ft pj,u C ft O.. 32!, 311 .. Ihlnl Avenue 17 100 111 Tidewater (ill I7il 100 .. T.dfW't.r Oil rtt ... 3'4 80.1 Tobiieco Proiluctd .... 8H 2l00 .. Trauscontlnelitiil A . 10Jv, 20(1 . Lnlon OH Ttv, 2100 ID T'nloii I'nelllc 120 300 4 i nion p.iciiio pr. ... (".in; 100 7 Piiltcd I'lK.tr Stor pflOR 100 8 I'nlt.'d OruK 100 5000 jj United Fruit lODJi tlnO y UnltrJ Ui-tall Store-,.. 37'b 10a H U S linl Alcohol 0 100 7 r K Iiul Alfohol pf . 07 2.100 .. V S Realty ft Imp... 51 5.00 0 U S Food Products . . 20?$ 0200 HUB Rubber I 0)j 700 8 U S Rubber 1st pf 10.1 210 a 1; S Smelt ft lief.... .I.v'i 100 0 F S Smelt ft R"f 1 f 12?4 8.100 ti V ti Sttel 81 10.1 7 U S Steel pf 110 3710 u Utah Copper 5'z 3')0 .1 Va-Carollna Chem . . 30 ion h Vn-Car Chem pi.. 101 3210 1 Vanadium Corp C'i 100 .. WubiiHh ''4 230 .. Wabash pf A 2I4 KIO Western Maryland .. II 100 4 WistlnKboUM.j K ft M 4.1'4 210 . WhetjlliiB ft I, n . DJi 4110 1 Will to Motor . 3vi 400 . White Oil Corp. . . . 14', 2210 1 WIll.vB-Overland S', UK) . WIIIjs. Overland pf . :iu Kit) a Wilson ft Co 44 2000 0 Worthlnstou Pump . . rt'.,;,I 100 7 Worth Pump j f A 7 20 Vi 11 88 18 J4 atu 17H 1114 35 ltoii 88 10 8Ji 70 11J4 12Ii H 82 12 2S A 10 3f4 18 25 22 4 105 6 70J-4 8014 7lVi 05 in. 72'4 21 2014 101 14 82i 3H 27 40 '4 35'2 7BV4 noH 419 18 Vi 35 ',4 35 ' 32 H 29 25 77 11 nvs 591 j 88 Vi 30 1'4 87 i 110 48 38 8.1 tan 84 51 50'j 3.1W 33 I'S 21 C5V, 22 '5 28 30 V? 014 1)5 10i fl5e 42 23 "i 51 07,4 20 23 '4 00 78 108 2 () 3 Hi 30 i-i 82 87 !"e 13',, t31j t?4 43J 43 'i 30' 8 17 170 I3'4 to 04 22 ?i 110 (10)4 ion ion 107 50 V2 (0 07 IDlj 2.H4 rsji 103 35 i'j 424 3 111) 8(1 ' i 33 !i 101 3i?4 8',, 21'4 11 45 ',4 ; 3S'2 14'i 'i 30 44 4i 75 1:80 Clone Net Ch!. UK !'T hiit'iir I' iiul I ' mciri Anient Hi . a. rii.i.s Ills' u ,. I' ilia 1.. Tnii 1 , pn. 1 'lo- I't I I ll- Y. 1 Tl were 11111 haiici d ' I111.1t. il ruin Kb. - "t th. ar! a point Iss 1, Com modify Markets GRAIN MARKET tliieaiio. .Inn. IP Support 21 14 11 M 5S- li isVS-r H 84V4- Vi 174 ... 119, 35 1VS U0V4- Vi 85H Vji IS 1 1'4 14 70 !- t 101144- 2! 12J4 14 32 -' U 12 I 14 3H- H 4 ' 10 39? - 1'4 lfi 4- M 26 r ?i 224- '? 107 4- 2H 354 4- 70V4-I- 2'4 f.014 I" 8'' 71 Vi- !' 05 1 1 '4 J 7214 J 21 H 1- J'4 21 4- 14 10154 1- U4 t3?4 J 3i -t- 14 274- 14 40'4- Ui 33;4 94 7011 ; 1 no?4 -' ? 41H- 14 lSJi r Vl 35 '4 4- Vi 35 - 7 32?4 1- 'A 30 U 4 2V4 25 4 1V4 78 4 11 J7'-i r.oTi '4 HSV4 -- Vi 31 4- xi 87 i- !b 110 4- 1'4 4SVS4- l'4 no ' v- s.i 14 13 ti . h0i4 1(4 5ir-6- 'A .Ki' j .1'e ' Ub 32 - 3'-i (0-j : U P. T 3 r.o - Vi 22i, ' n 2S50 fi 10 ?, O'i . 0614-1- 1 201 4 4- 14 ob- 54 42 , 24 H 354 - 14 0s', 1 20 H 234 I H no 4 1 78 10S1J i I. 80JJ ,- Vi 3354 2K, to 4- i-H MU !- -fA 87-3 t'li- H 1314 !- 5', .ils i w 8i U; , I3'i ,- Vi 3154 4- 114 17 ! Yt 171) 13 1:114.1- t4 50 1(16 ! 22 Jj Hli . (1(1 4 ion r, 100 i 1 1074 'b 87!, 1- 1 Va r;o ' 1,4 07 - 3 '1?. 1- 24 204 i 'A no , i i 11)3 3.1 A . ', 44 '.! 84 oj 110 A8I4 V. !l4 ii!i- A 101 - mx 31) H ' 1H 8 14 ' Kb 21 , 1 ' 14 45'4 .. re- 'ii 3s'i ,. ltri .. 8' 4 ' .'4 3(i tt 815-4-" l'i :.i IMPROVED DEMAND ! IN OUTSIDE MARKET! L , " ' .,, Hfii-lJ)'-! 1 -F J.' -'. iji...i ' ' i'ilSifi' " '" " ' IW"' - ;,,f. Modorato Gains in Number of Issues Motors Coner- nlly Firm New Yorll, .Trtn. 10. There was a marked Itnprovoment In the trading on the Uroail street curb today, many stocks beliiR In good demand and mod erate advances vvero mnde In a number of Issues, The motor stockri were rcii ernllv 'llrm, Diirant Motora moving up to lO'li. There was a fair amount of business In Maxwell -C'lialmerH 8loekH, the "A" hpIIIiik at m and tlie "ll" nt 17. North American l'ulp wa not In lliieiiced by the annoiitirement of the meeting to consider plana for lhtulilatlnn or readjiistment, and wold nt f. There was Initial trading In Itrltlwh-Aincrlcnti Oil, wlileli started at ,'tOVa, to advance to Hi!. Itrooklyn City maile only a trifling lesponso to the agitation for faro login lation. Allied 1'ackera was one of tlie ctrotig feliture.s, selllnR at fl'd and KIJ. Hlmms l'etroleum was weak in the morning, selling on it large scale down to (! ; later It rallied to 7Vi. Maracalbo yielded under profit-taking. The Hlnndnrd OIW wore ipilet. Carrb Trading, which a year ago sold at JWIi, today sold at Wi to -10. INUL'HTIIIAIX Alllo.1 PackIikt Ilrouklin City rty Cnluinlibt Knegrnld ICtniilre Tube Itrtlnrn Knlttlnir "A" ... HfilneK Knlttlns- "II" .. HultiK Knlttlnie pref . ... Inter llublier Dtirntit Mntnri Max I'hBl 'It1, North Amer P.uier Perfection Tiro HhiIIo Cum Hiwlln Con rref Htiin'lanl (Ms A i:ierlrlr StntiilnrJ '1 & i: fref . Heeln C , . . TrlniiMln Klltn IT H S! (.'orp HlnJi Ixi 1H II. 14W till n inv. 17 B4 J: 84U 2 J 14. 8 !Ji 14Vi t)0, HSi law 17 fi. il: lVi lib. i Moure, Leonard & Lynch .'- i VAN M.'A M v' . ' '.., ;)... . , i. It.-' . n'o V K. ). T rltI-n, i.t.1 t . . . " Philadrlphia Stuck l" Ai.i Mrs I" T! .. pr! .fT A. UltTf I'D t 11 I Tax Exempt in I'cnnn. BELL TELEPHONE CO. of PEXN'A. 25-Year First and Refundinff Morlg-aifo 7s t'articularn on ApimcaUun A. 8. Leach & Co., Inc. 115 Soutli Fourth .St. Bill TllfpAOno in.jrii I. i'Hltfubn,., ( Si. '.'in- . :n '.Sll J ',!,., ,S,.. ''7 IL.'." Hen Ai'ii '.' :.:. I .. V A LM 'ii I. i'Ii N'm i'i l'"ltlld'M." . . 'J .;i ri. u u U' 1M. '.i i . ' in n: -. 'I I'l ,'.l I" J" .1.1 '.'I I'"' I ii Tin. -'."in l'i, I ..'i ! pr f IHllWestL'hs M Wi s.nu . C"8l I I." ' Jill '111 I.I I, f.ll N'-t i in I a as Im-kiior in win at again thi- u.orning 1 tiinl unde.' a general rush of selling the . iindertoiie "f the market vns wei.1;. M....1, ...,...,.,1 i.t SI 71 to Si 71(1 .. .;,,r.., . 17.-. m the .ml .v.M..rdav.fn."?c cahl.H !V, .ftiv sti.it'-u at .l d''. to ,sl ilo'v. Lgii'ii-t SI. ilii at tin i t.d .visterduy. Ti-ie whs aNo fru -''ll'iig of i orn and tlu i latkit wan w'iii r Tl ere v, iih little il'iii.tnd until resf.i g unlrrH wen reaihed. Mav npen'd at i.d'je t . ''.: . ii'anist OPS at the 1 vi'sterdav .July larted at "H's'" t ""'. iiuiai "'(''ie :,t the end esti rdav I.eadrig '.ininissioii I.. '.., a. id local otieritor sold oats and t . u.aiket was FOREIGN EXCHANGE NEW YORK COFFEE MARKET New York. Jan 1 The fotilgn ev-i New Yoik, .Inn. 11). The nuukei for change mark, t op.-r.ed r.-.i. tlonarv with coil,.,, futures wan easier this morning dfclnes of more or em riiportai.oe com- ,.il, il,.-. ,.,i r. . '""iiiui), pared with yeitf May n lliialH. tMth the ""." "'"'I"1' " ,- point-, lower Hlngle cKceptioa of t'opi-iihrfiteu, vvhl.-h , um'!. r, 'attered Hipildation. nhowed a Knln of ;, ilntH at IS 1C lor hio- nolhiiur more deliinti- uis cables and lfcl" f..r the. ks. ; -ieiirned regarding vesttrdnv a'iie (uotiit'oim vvere ruumi-s that llin.iliaii loan legoti.itions i'iiiuiiu nii-in.iK . ii-:, faun o ..1-4 .1 (..,. (. V til lie HlH'eesstll 1 ,,.,,,.,.,,..,1 hi 1 1m 0 J7-. ", ir. I cables 3 47 -s ch. i k' .i 17: StsS cabled 15 t5. cneekH 15 ij , cul'd-r .il,l.--i '. el-eck-i 3J cj'i , n s,.t,,s f,il,l,.s 1.1 i'l. cl.olts U3s, Slut Kb Iii i.ihlt-H LI X chtekj 213ii, .hriMii,.i -.t.ii.-i 17.tIS, ihecka 17 6"; Ilelgiar il.le.i C. 2 '. (, , chckn fi 2J ; in in lis I f.i' ine piiiuium o'i .- voik .inii.Si- t shu-le hlKhiir f dlh. ount nn , "Tk was 2i I'T'j-l .i 'N . asb r. Muv "p r. -I a' against lo'ae hi AftT opi'iiing ui .I'll.v vild at !. COTTON New orll, .I.iii jr.- tile huni: ml to 4."'ti vpHti.riliiy, lit irls'-,i ,Jii' 'II ' p." -.T's .'til', : n . i:. "' ;i -- v,p-r". , Ki.i.i ' 's :,'.. I'.. I'-',.. 71 In .Montreal t-.tl.t v., at 14 3-32 P-i tt-ni Canadian funds In N. ' per tent YBSTrfr.DAT .1 KIV Demnn.l TUI I.-imnr..'. Call s St r 0 rf l-'i i 3 7H'-i e 11 J 77'. . .ir. . liflLVIS'll ijl Hit rlo i; F"r iti. -, 1-IH 117'. " .s. r.vTi' i 'i. 1 .1 7.V, iN's. jjll.l-.rri 11. Oil :- :i.i U I .TI(IN'S l.lrn full .M "IT : J 'I I .) I7lu ai on tney nail eviiieuiiy inane a dins i einb h impression tm senllinent. Cost and fleight offers vveie lower late .vesfrdav nnd there wits nome hedge-M-lling hi n this morning ngaliiht purrliiises m lti a -.il. The weakness of Ilio exchnnge lutes were also a factor on the opining idirllne of X to i points. This larriul I Mav ontrutta no to ll.liO. m- uhoiit '', pollit.s above the low leel tolli-heil on I liie reaction of Tluirsda.v. Yes On. . Mnr. Ii II llh r. IM.v nH.Mlsii July 7 t'1 'i -Jil Mi't.mh. r aiftila srAM)AI(I) OII.H Ancln-Anier Oil lBVi 10 H Oil of In.l new ..'... "a Vi imii:pi:ki1!NT imiji Allied Oil ArkHtinas Natural Uhh . . Iloonn Oil Ho. Ion VVj-omliilt Cnrlb Kn Cltlen Hervlee ")l" etfH c'tlkhlng TetB Dennv (HI Ilniiltieers I'etrol l-Vil-rnl nil (llll'llifi.1 (HI (lllllln. (HI tircf Iluls-m Oil Int IV-lrnl l.HttlffFtlTII I'et Mnrncillio ell Ilrlt-Ainer oil Mexico Oil Mountain ProiluLtn No Atner Oil Nelip. flhle HilTlffer rreillleer k Henr.irn . Itjiin runs Kilt I'reelt new Hlmms iv t Vlctorln (ill new Hliellv oil L'n Texiis (111 MM CiiUmMn VlclorU oil in -v . . . MIMMl Alnitka llr Columbia ... . Allxnta llli! Uiliio Ilisith Ilonlnn A Mont c'fileilntiln Mlnlnic Cnlumet Jernnie i'iii-Ii-ImiIk MlnbiK t'nii Vlrxlnln Ciirtej Ulivr riosKnti Oiilil ('runt i lit M k Nlim.irn Kurrltn ('ru"iiufl tli.ld Cut (lull! I lev. ().il,inl'l Herein 8 Hull .Silver I'lek (lifHt Ilnntl Hecht Mining Iron UliiyMim .lumlio Kxliniiliili Knox Iilvhle I.n Hone Mini!! . ... Mm-NftniMrft Mumh Mlnlim Mot her l.i'ile Mnt'i'-r Inle n-w N.i'ti'slni.' N..rth St.-T Hn, V'erilt, IP X C'ltlM Itn lii-Kter Milieu Ssn Tut Silver KIiir l'lvl'l? St, Am 1 . i) Stiiinl Silver l.einl Sui (f-li.s MIlllliM fiinoi uli lli'liirunt Tor.-1. nli i'h nil )lo . . . . ri.Mnui.h I'lvlile I 'i' n. 1'iih KxU-lmloa , Tiir.nprfh-Jlill Duller .... Tonetmh Mlawny . . . . TonopHh Mlnlnit Tnll(lph Mlspnh . . Tiinnr-.tli Montsnn . . . . T"iioi'.ih ltcue HuIh . L' si Cotrt fn'l'il Knatarn Victory West Krai Con Wlilte Ciit'H WlllKTt )l().M)s Allied I'scUetB (In Ar.ier Tel IU, 1IIB2 .... Amu Tel 'Is, l-' A mmtlr 7h Ilt-th Steel 7, 103.'.. . . Ci-rro .In I'ikco 8 Conn (1h ss I)ll.Uline I.lKllt (1 ill-nil Oil 7n ... Or iiml Trunk ('.Vi m ... Inter IITti KeniiMiitt "' M.irrl Co 7iii) New- Hivven 4 Tun Atner 1'et It Ste-I Tele 7 It J Il'vifililK Tob IIh . Ieli i llueliuck 7s. 1C21 Siirs llis'iiuck 7o. 111-3 Slnrlalr 7'a 1 SiiUthweHl Hell 7 Jt,..l i in of Crt'lf 7n StHiil vfll N T 7e in::., .s ii .V Y 7b. lH'Jd.. . S N N Y " IW1 . Sw 1ft A Co 7 . . . T"X.is Cii 7 1'nltin Tn nk 7 Vi-t'iir.i ("ht,ni i '. h tir murlt Its ... . S.iruiiy sb tl'i'l, sw.'illVi Isl "' SaIbs 5l4d . . . Hl'i, 17 1 I) ti 1! li 1, ,H 4 H'4 111" SO .A 1H I'l U4 i7 : lii ink a' S HI 13H I 1 Jt ' s r,' as ia iav in'-k in! 7V. ilj. k ng Il tl 1 "i , . H S 3 3 n.i mi ID 10 r , A 2D II' nN us (17 til m i 1.-..' Kill-.! rs .1 ft A i In to i :' :; ?.'; A A n fi 10 lo U lSl! ISO h H ni' r.s Mi S4 l i x s A T'j 7 11 17 1 1A li 21 0i ,1 1 r. ii i 'IS 1.3(1 inu 14H UVi lul 0 1.V 17 A is JS 17 l 1T 1 HS ' u 24 7 I'd n a n3 1Hi ins 7 l " a l i en II! . 111 K'i 117 l', ir... til 20 Hi i 10 i IX- s M it i i n Copper Stocks We have litued a epeclal letter on tome of the louf priced Copper Stocki with ipeclat reference to f ChUe Anaconda Kennecott Ray Consolidated Nevada Consolidated Aclt foir a Free Copy BOUREAU& EVANS U tmters Philadelphia Btnek IStettanoe 130 South 15th' St. PhlUdelphU toewf itti i' Weil PhUtu Office, 7 S. 52d Stre Wm, R. White, Mtinacer Phone: Delntont Sit Bond Suggestions Bonda vurcliuaod at this tlmo will onablo Investors, Uflinjr enro and tllscrimlnntlon, to obtttln an outlet for their surplus fundB nt nttrnctive rates. In n circulur Just issued wo sug gest u diversified list of woll Bucurcd railroud, industrial and jmblie utility long-term bonds to avcrago about 7 per cent. A'nr on request for It-IC Thrift Week the week to study the advantage 0 systematic invcst. merit in carefully chosen securities. Our office will gladly aid In the selection S bonds ranking high n the investment clajj. Company Pfilfdd.lphL Wai Ckil. 12M Doirdwtlk y Hughes & Dier i rniiii. ritrn-k 1 liKuliurgli 1 CIiIqhiiu linn t.N, V. 1'roJi lltubtri Stock JSttlmnto biocu r.iioaott iru or lrHtle lice Jichnni 1433 Walnut Street Snrnr. HIS Philadelphia JMf ,, NfW York Vltlslinrsh Cltvcland ' i ii n ,i". (i 4 (I soil S . fn (i 7 . . IHI " . luf-j . .lllrt liil'i . . ni . na . lift . 7uS . ( 4 . nn . (in . ntVj . iV . (iss mi IHIM, Hll'i lui'-a . lull, l"2 liil'i mm lllt'l lnH-j di'. inn. k 17 M 1A H A r. i re I'll! mi liH inP't lo.i m". (I w HSJ, 7(Hi III lis'i US l'4, l.-,'i flS', (III (OH Sll't ll.'l loi, Ki.lVi nn Ill's i 1 1 i- IISS I.s'l, ('II. X2. S'l'i Combines Safety ad High Return Cities Service Company Preferred Stock thcktii by larse and frewlng qultle. Dividend (md 4H tlmei over. 24,000 Holder! of tecord Indicate wide distribu tion, broed market and confi dence ol investor. returns, al present pries mom ton 9 Pricm at marltut iMfftilnr "V" on rroiinn Henry L. Dolierty & Company 001 Morrin Duildtii Piiiladclphia, Pn. ttltphonei Locust 1440 a tompansoriol Present Prices with quotations o( stand ard stocks and bonds a year ago, indicates that in srllte of liquidation caused by widespread de. flatlon, the market for well - secured bonds and notes is 'strong. Ab de flatlon continues it Is reasonable to expect even a stronger bond market We therefore invite In vestors to send for our recommendations of bonds that are bclnc purchased today by the more conservative In. vestors. Hemphill, Noyes C&CoJ members Ntr York Slock Cxchknit Franklin Blc. Bldg.,PhiladelphIil "'" " "on Sauitai uunaio Aiutny Syrcuit niltlea,! I 17 ltl I A 1; A H r. mi lis llll. inc. , nn ft in nai ' '.", 7i.'t 01 nn , HHMi 1144 iiflji t'M, , (III ' (III1. . Oil iir,. l hi h, I ft ' Is ina lii.l. OilV. us-', mm, H v; ii(i". Oil's HJ. Free of Penna. State Tax Exempt from Federal Income Tax NEW ISSUE $150,000.00 City of Hazleton. enna. 5 SewOr Bonds Maturing Annually Feb. 1, 1935, to Feb. 1, 1941, Inclusive Wu offer the.se Bondb mibjeet to prior aalo nnd to the ap proval of letrnlity by MeSHrs. Townscnd, Elliott & Munson, of Philadelphia. Prices to yield about 4.80 lificriptlvf Clictilfir t'pon Tiequat Graham, Parsons & Co. 435 Chestnut Street Philadelphia ATTENTION of the financial world Ij centerti tiJi ttie atocK mnrKet today. ALMOST BEWILDERING In their reality are the amnrlnii m purtunltlea for profitable Investment I open now, CAN YOU AFFORD to overlook chances like theie ACQUAINT YOURSELF iVlth thin extraordinary situation UI -.1. ....i.. "Ml uknilllllK uur "YEAR-END REVIFAV" ind Supplement whltli teftittiiiimJi lor! I purchnse such stocks hs nxr -onildettil exceptionally attractive, ylHiIlng hand I uiiia roiurns on present prices. Free Upon lie n:e:t Milton Heim&Ca'l Investment Securities M.n.i... 'nnol. Hit.. 1I. of N, V Memlieris i-l.n.nifiplil.i Hlk. Kttli. 1622 Chestnut Street l'lmnrst llfll, Hpmre (SIM-ICM Kerslnne, lime 130 71 llrotiduiiy & 4HI) nth Air., . I, Htmnfuril, Lonn. J llifr.'n x v r.s .-si. H!iM)s tnii i It'irr Um- 4 lli-ll T. 1 Ts.lii'J luF. " ( il Is 1IH7 I T.li-i- .1. I'i'ii Tr U . K. 'I'-l 1 st " . . l.-ti Iti.niU ..I ',- . " 1st )' . .Ill t i" vsi, SM 1 ! ! rr l')lTs "si , MARKET I'.' I'iiiIit ci'iiinil lliinr tin- I'ntti.ii inuikft lust Krounil lit tin- iijii'iilnK fins nii.ri.u.u Itutnl ipintu- tifl,s shllUI-ll il"-l' If "f '-"" tu ''' J"-mts lli-nrish inlliii-iiii- '. i'li "I t-iik i-iil'1!-. ' unfiivornMi llii'i. 't.i'l- tnhii'i's uml i 2 ' nn n-iiMiii! in I'M".-..' - ' t-r tin:iiiii ' iiii-nt hum lul)' r i.. l ti.in. .'Ian li intrr si, hi nt 1." X,. ..r IJ imiiits t-t lowt-r. 'I'lii-ri- van h 'ii'ltiT il'-iniuiil at tills lev. 1. itii tli truli- n i-i.iinli-riililr- ""t hiiM-r. uml ralli f 1" In l.i imuhik ful . ll.Wrt ' lti-. oip's .,t ...rror, at tin- ports ft-r , tin- ilny itri istiiniiti-il nt 2d,(hK) hi.'i's, HiMiiist IT '.):'. ImIis n ! nil" : HO. VI"' ill.ls 11 Jl-Ml IlK'J dll'l -'1.1111 l'ftli'l tttU1 M-itrn ftp". MONEY-LENDING RATES RAILROAD EARNINGS lANAIUVS I'Al'11-IC ItAII.VtAT 11)21 i i; 1 'iw-k Jfinuarj ID l'7'l uiid 1 iii l . ise Ir 1P.J wl-.i m:V 1 OIIK--.Mr.nt-y rln.ssi's of r.ill i!i-rnl oprt n null-. pf-r c. nt Mr I'-ii'lln? ut. ' ihih A piitK. fiHm.uul fin r. i.tt iii,ni, to l.i v fit ', per r - IlK irfh 'ff-ri- r. i-irtt 1 ..i, i, Tllllt- lll.ifli'l A.IR f-X,'t-ptlOI.,i 6 i--r o-r.t Iml uml prarturfi: (iffit'nuH i.f prlim- N, a acci-iitHiittH wt-re NtinillHr "...ii ilern.iiiil hiik as.. niuiliT.ii. ' rtitfri .ire not hs ittr.-ii,- ,if ,r., t.nil the sre.iter part of t . -I. irn.i! i,i reei-ptlv fioni eulni.--i I mil., M l-Vlll'llP No chitnunt an repor-. ,t i. i,.r , iliHi-uunt tat.-H or eonlitli.i.s 'fh, (. Inal Uutut1inM nrr 7 . - j-r , - DIVIDENDS -.1 f-.i .-(.ll .Vi ! . ter :ii.. il i' j i at ll J 1 "I .u Vol'. I,. Mi ay ail. i th. IN . urn ni 1 .ii-ki e I'li l.'.nn f.o ,,l - Mi.r h lft li, t) I. tl llui Ki 1 1IM 1. IIP i ' .hi- Mi. r, li 1,1 tu st uirt 'Jl II- i Hr. .- - Miiitrt, rl 1 i lr-f,-rrf 1 I . wib i Mm li In r-i i-r.l 1 i.rui.i Is DECLARED 1U ii il IVl ruui y Stock Dividend by Kellogg Supply ( Mi'iiK'i. Jan- 19- The Kellnrtc -swltcrihii.-irrt nnd SuppU Cn has ile Inrert a Htorlt illvldeml of in per cent piiy.ihl .Tiinuarv 31 tu utm It of rei-onl .Tiihunrv -li. and the lf-euLir im.irterly divlrtenil o 2 p-r cent imahli Fehiuaiy 9 to Ktrnk of reconl Kt-hruaiv ll I.nnt vcar the i-oninuny paid only 8 per oeiit hut Hulil Jl.000.0a0 new Htui-k at par t" siOL'kholdt r.t, mnl(lii),' the amount uut xtainllm; onn noo, whhli h i.ov.- in iTPiitii'd to (5. E00 000 LiiHt year, total lilllliiKH were 17, 600.0011. an liu-ri-asi. of f t.SRn OHO Dlrectiira a-id ultlot m -vtre re-t-W i tt il. sji - iiiicsa uuti'juuuinj j-ju t-rrgtn tnnjm umy i -.. mnr.iiTi.rTT sa nmx?rii$ ilLr(crl JS, li i r riiiiril Kf; rn' i.n frt tu -ti.tk ot GOVERNMENT BONDS fhl.lM.i-I. Is. 10.11 l'tillltiplf.i- 4s 11MC 1 s llu". run -Js, lllftl) (' S dov i-ouo 4s 192B llli SI'.,, s.i Illll ll)3'l I I I' ll) I 7 HO " ')fl ."ill sS ,"i(l Si .",11 'HI lit III) (Is IMI (IS 1(J Monrsi, rui.u-.ry M.ii I. . , Mu . IllU ' trt) ' 17 II in llli II 'IS I II 1 1 I'l ."I 1. Su ' I'l i; i- 1 7s :. 7n al.. . ,,.-. iiiliu r. 11 ', li pi) . ent ire li t-rel. i.i.ii I t 'i-ID 1th ll,s sv.K) 7 UK S- lO-l- 1-10 Vie -P. 1 Nat'l Iro. l-lls .. . " I mi, il Itny I III-, st .'is . H7..'il !i7..'il H7 :.l-t-.0S Co. Phila. Subur. Gas rx Elcc 5, I960 Georgia Rwy. f Pr, is, 1954 Penna. Wr. & Pr. 5s, 1940 Grand Trunk Equip. 61 js, 193c, Lehitfh Power 6s, 192 7 MCwm&CQ. fM.nki aiui f ,J T.).. ntj.. u n-ri 414 Via Vork Tel Oonnsetlur), Canal i(il ' r.idt..Di to Jay at JOteu. 70 BANK CLEARINGS ,-srlrrfK (.i l.i- .rnPitriJ v.t-i ,. r--.4 .l.i line l 1 imi Mijl 1-iji, Idin J7 ns'i 1 . Jn i,77 ('ll Mil 0711 177 BAR SILVER r Htlver was 4il lower !:. Passes Dividend - The M'-i'ord Miinu- lu.i- lMimieil the refc'ui.ir lind of il on the oomrnon 'h's t'.n.e I'resldent M'' 1'iji. "-les -.v.te IUii57 67'J 'i it In fore Ki-deral taKis McCord ( lili.ien. I fa, i irlfu .UflII. ll ,i . nti k flu. . 'onl v - .1 .nil in . . ri hut i.fier .n-i,t,,rv adJUHtnieins abose $ 8 1 1 wu i The itreat hulk of our Inven tory ,i.irnn hi s ,i,j material, ttierefore n- wrltlnir down i ill he mninl hut vu h.ivrt to e.,r-; ,i l.irr Milunie of open uc (Oiintii i.-nf-ral enp-i.tfitlon Keeni.s to h.- for 7.1 ir cent of last year'H nuloino hlle priidU'-iion thlH year We felt no HhrlnklnK in our business until Septi-m-Iht a.-i'l ,i i'd t.so-t'i i-'Ih in Novi-pi- tie.-, tiut kiiljr j txi: --'' i'- l,-cn.ti.r." 1'iiii.Aiir.i.riii time, 6 pr 1 1 nt , thlee to six month ( .Vote Thi . ...r.nu .... .... !..., .. . . juoini i-iic, ,i., in, I'niti rale (i mr i i (tt in the mate of I i nnH'iri.nla Ih f,x,il a' t, p.-r eent I'lU" pr. niiunis ,i,j i,imri Mlotif, time moiiej for tlilrt lo nintti d.ij-H Is ioaied nt to hi, p(.,. ,., n thllii coininenl.il pa. pi r t-im thin to hIx months la heinK I'ff-re . i i i l , S. pur cent ) Liverpool Cotton l.lri-rpiiiil, Jan l'i -Inquiry tor n.ot cotton remained llttht today tilth prk-eH OBHler on the hauls of a decline of 6H points for nilddlltiB at lilld-. Thu saleu worn 4000 bales There w-rn no lo ceptH. Futures iere Irreirular In tho enrly denllnBH Simt prh i a uere: Amer ican, middling fair, 13 7ld: KOod mid dllti),'. Il.rid, fully mlitdlln),-, lO.KIdi mlddllntr. 8 Bid; low mlndiintr. 8 14d: i-ooil ordinary, OCIU . nd ordinary, t ".'J. TV ''V -c - i i i " " $? " acrs than an ejjict huilctiig" Hroadway and Fifth Avenue at Madison Square New York wffMaMWMMjmnwKXjn THE FIFTH AVENUE BUILDING heads the New York itinerary of legions of buyers. So many of the lines they wish to see are shown here. 'Ihe soundnuHs of Curf satt investment rucum mendationa liau been tested by un evor inorensinir clientele for over forty-eight yeura. We hall be Kind to :iid you in tlio selection of eonservutive securities for the investment of your funds. "C a s s it 1 1 (JlTcrinKs" will be sent upon re (Hiest. Kinillj usU fur iirct.Mr JT 1 CASSATJ V CO. COMMEROAL TRUST DLDa PHILADr.LI'HIA Hiwroq MUlMCBE-f'I'rTJBUHSH-SCnWOM e Riordon Co., Ltd. Twsnty-Ycar Wc Bonds Thebe bondb are the obli gation of one of the largest manufacturers of bleached sulphite pulp in the world, and can be purchased to yield over i&. Wc recom mend the purchase vi long time bonds at the present time. Aslt for Circular K-8 Harris, Forbes & Co. Pln 6treat, corner vfn HEW YORK PHILADELPHIA OFHCEi Widoner Bldfj. iii-ffinr mr Till" CONDI ftN Of The Beneficial Saving! Fund Society . ., t.rltT A tlti'f ff I A y '"'" :;"".,. wi ii.ltdl lit I -Jill imitiii,.- "" r.tl .lainhl.. 1M . ut tho ci. n ' fr-i'lr JHM Ur " "'-" I.UHOfB. Il.'j.-rvo TunJ fiiMh . piUii Mill . ti.ite- . . . 12. -J !) J Due rrjm Hiiproii-J ,,,.,,,,. rtnoriit Hiti-iiiH. i.Q'i ' v Standard Oil Stocks Bought Sold Quoted Aek for Dooklet T Geo. A. Huhn & Sons Mtmhrm 1'lilliidrlpliln and New York HlotU Kithancrti rhltndrlptita Nrw YorU i-urltloa at pnr 1 200.01)0 00 tl ""jjit sa :i' uO.OMI rt.m.ij 8.131.1" SilfcOSl' $24,853,605 I' 688.t-1 4.1H.H I8.8l.t1 IVk-kelii anJ ciita C'hrrlm una ennn Iteinu Tlitu1 Innm wlt'i uolliitiiritl Cnll ijunH wit; t'ollntt-rnl . n.m.lrt . . . JfortK.ue . Olltitf liulldlntf - lot Tntl LIAIULirlKU HurpliiH ..... Dt-munJ VniiMv Di-poulm uhJi'Ct to chrcw Mnio Uepoiiln .)...!.. ...n1 it.n.tllltfl ..., $24,853,605 Slut of 1'ennnylYfinla, , V"UU"" .... .( . J-A!'JS.' ,SLl KS5M niiuvtt iiuin-i "''-7 .'.h, 1. iruj 15 ir.. that thu nbov. Mtinr ' J" lru" " nf mv know ullKB nniliTJ!''. ....nnllt. taignoil) Al.rHJ-.uJ ,,:f'rV,iuD' flulincrlbf-J nnd "'" '? i Cori-ctAttti . M.eDOS'AlO tBInnedJ JOUH...J.' x,v.MSh C0T.'ycMANUHJs!ltV M (Je i 4- 'J ' -- "t.li ..I. .."lAr ETHS ... . A.'LiU. , ." iiH.t, -' . ) t --.r .
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