AV- fr fit v. 4j, P'!' v,, :,-, V&' f V -1 r r Vi lrr "i k 26 BVltlNINtt. PUBLIC 'LEDGER PHILADELPHIA, FRIDAY, 'jyTAftCB L ' 1021 r &f to. i . n a1 AMP" ' K JN. VV"Ti C VsS!ShmSnxV ;m'v"; j ym ire as ins ui ri ITV-BJBX' VfT We Own and Offer the Following Equipment Issues '1 irlnil M tttirltlrs) Atlnlic Cot Line Ry. G. Loumille & NSvil!e R. R. 6''j Cfaciaptake & Ohio Ry. 6'; Grant! Trunk Ry of Canada G' 2 Weitern Maryland Ry. 7 lllinaii Central R. R. 7 New York Central R. R. 1 Pacific Truit Expreti 7o Southern Pacific Co. l'o Pricei to Yield From 6 30' to 7.00'to The National Gty , Company i'MtatMphl.i 1421 ChrMmit St. Atlantic Citv Challonte Ulock 1221 tloanlivnllt MARKET GETC 7. LONG l' NEW YORK STOCK EXCHANGE . TRANSACTIONS DELAYED UPLIFI ;Wall Stroet found Numerous Constructive Points in Presu I ' dent's Inaugural Address I Ml PCwuniiiiMiyi ,uiiiiiiiuwiiimiiow tifa , The Market Outlook "' oit. llnnli I. Wiill-inn in t'l'i'iitPii tip. uiicnr point- nf I'nii- j ! Ml 1 1 iicimk' inniisiiriil iiildli's- n ni-tim ilj Lmi I i-lt "find hhIi - -tix I. I marltpf. in isoi-t'ipn'tii nrii'l ti .. t Tiioilri'.'ili' (Ii'icc tin. promNi'il iimiiRiirtil in'tii'in-tiiilimi. It Wish "luii-MIt H-r f spun iii" t'rir tini durum tno iim-l nf I 111" Tin n ii in c. ii m itlirr -iilr 'f til" inn-ti-iins timlniit clcmi'iit ttrn1 (lispo-ml in in'tiii f ir finiii -In. 11 until -mm Inn' I 1 w lltllllllll mi tin- iiniliiicil iKllll-il'" "t tin in w .'iiliiiiiiitriiliou lipiini: tin1 l"l I ii u Hull- wii-i it 1 1", Tit ! .it ill' ' i it Hi .sine l in I inn in 1 1 . n, im ' It Mr ith I In in'.il.ni itK.iiii "rnppiiiK ii' Hi -I'lliiimu iuiIs iI tin" iiiiln-ti iul ' I Ii- Ml .'Inlllll I Ml I I'lll ll -Up- '.il'. In tun' 'I i i-liil ii 1 1. lil-t limn . I il I i I.l II I. "t n'ltllllll i In ill ill .ilnliu n - : .ii .i i uiI-- wnv iintil in .ii ' i i i. Ii ti iIh'H- 'mis m p. j-, , ,,:il,, I j .jilt H l i li k "I I'l'li i Tlillnw Oil h.i ii nr'i- I Iii.iI lull iril mm "in. 'lit v h.'ii ll i li' 'I t'i' ; i'W I'i"ui mi im iuii 'n.iiiii ' iii ii in iini i.i I In I' .1 ill i' i if tll(i I II il ill I ill ill in us mi- i 'ii MirilM -"X n ii -"liitii ili--lii ,in-i Mi' t l.i'ilu- i il'" ninl i -i In A gradual improvement in general '' - in- I loth i- i"- lift ." pntm- market conditions to outlined in the '"'- ";'U. , ';' ";"" ' '.'' l-'l""" i' ' M ! ui Mii'inl .! f ion mi :li in 'inl latcit issue of tlie Investor's Review. i, , .,.. ,,vi ,;m-. I!..iiiiij: I 'ill A financial summitry u also Riven on "I'I"' A' i' ) .in T,.l.:i.., .ml Im.i n.it mnul I'ai'i't .il-n 'ilfilliil I i.i.iiH n hi In' fin h ih'iili.'in- (in Hi- "Mi t liuinl. ("i n il.li- Mi . ' in- i i ii ' i r. it.nMiii, ,i iii' , mil I'm- th nir i nvi i 1'iit .-Hid -ii in nf t i ml- ji'il - u.if -l,ii"- ri'tsi-'i ri'd in i 'iilil I inn iilv im- It' I MM f til" UIIKial ll.-ni-ll lull In I.in nil' nut I mi I'ppiiriiintl un- Ii i I In ll ' -.1-1111' li . ,ll t, ii- ni' i ,. i, . v iKiiniiii-lrtitinii, inat'ki t inti t'i I a- ni "lit r.iiiil m it lmniiil rtuuilx r nf i -'!. ill l.i' t il inns Hi1' tn -t iiim iln !;ililu iMi- imiiiI! ili.inin:it"i li til" Recent changes in importont is.iuei ' I"1' i iii wn in'imii ,,l ti , A'iiiiiln Cult ... j . i j- is- ,c it, c i--ii". Tin 11111111,1111 I, ,i- nilh li'iitn are outl.ned, nclud.ns Norfolk & ,,.,,. ,:u. tin ium.i.I ., In ...t -J. Western R R . General Motors, U. S. jut , m ,, tM. Im-im . I i w.i- i illmit. hum i lli.il Iln -Ihhi- wi-rc nn t lititi: l'i' ' "iitnli m ni I I in-lliiil, Wllli'll V.I- ti-tlll"ll III .'l'n im litii'ii-ilii . nil I pill I (it Iln iii t "ii.ii. purt.v all il in i. n Iln' l-t r-M mr i i o rrsntc ' ' ' "fi-ith n-tl I in lli.'-uli. DUUREAU & IiVAlNb -.mtu' n mnriis inn.!.- In n inimli", 3f"i hr- ri 'ulrlph'.i :nr Tj- tn qb "' '"" nnl'i-H'ial pn.iiitii- i ntl.i' it'll" tin j:uiit'-t iir-,ii ,i'n nun 130 South 15th St. n...illi! -, uh -Lit:.- :,- S'l.il. Philadelphia Al. . ,!',""'',""rri "'.'i ' p""' ' ,i ,i I I'. , A'ih rn in linn .11 ! I nulli- 1 '" "' '' ''"-', 1.1. 1. m I linln-tinl A1 .. 1. 1 1111, 1 W... DLll. rtrc -. e iro.l c. 4 I V lli-nil ufc 1 1111a viiicc. t J t?(i rucci Wm. R. White, Manager U. S. Steel Pure Oil Pierce Arrow American Ice Bethlehem Steel Enclicott Johnson Rubber, Republic Iron & Steel, Texas Pacific Coal &. Oil, etc Atk for a free copy . 1 1. In. One of the Great French Railroads has issued b' . bonds whith have been cell ing at from S67 to S69 per 1000-fianc bond. This railroad (Paris-Orleans-) ha& met all its obligation for over 85 years. h ' -tock is selling on the Pari.-, Bour.-e at about 18J'. of par. The bonds provide a fixed income and full pos sibilities to profit bv anv improvement in exchange rates on Paris "ni ' ' thfi ii"' hi ,.!,i -.1 rit hi- ( irt Unr I -j ' ' tmllill II In, 1, l I , I.'- 111 1 hi' ti--l In n 1 -illn 1 ' ' ' i- I'l 1 -lilmil in. 1 n ,1 ,il ,n. 1. -- .1: ' .1- Iihin ti, iii.- ,. ,1 1 mi-Mi ! 1 'iIh-ii 111" I 1 1. ' nf tin a. .n- in- i-il'l.-n-il TI in nn 11 'lilt: Ml " 1' l..!lii lilt- tun " I'nHlliii- ni, 'I- --lull Hull .1 -I'lltllll' ll'.ll .11,. I , 1 Ii -" ..In' '"inr iti 1 ' Cm 'Mi.' it 'i. - n itlnlr.iu t'i 111 Im-iin 11 l .1- ' I' iliiu llli i' " ;i I '.l .III ill I -t Ii" H'ltii-illi il .1 In ".IN Inn . 'll . " I " llll'l " I "li ill' t,i ill - I , I ' I ,.l 1" .lill'ipltlf" I! 11 ll nl ' - -11 t - I" n 1 1 it ll I nil 1 -Im 11 nf : u,i- 1 1' - tii'.-iii. in, prn'u -1 ' 1 iii 'ii:- 11.11 .- ,iii.' 11 tli 1 "lull' mli--l.ll" '1 llllll . ll'.ll 1 'III I ' t'i I "ll III ,1 lll.l' I II If I II I" - -t' . 'I'll' ..-111 inn .- ' mi ii-: ) boji iri'j) LOCAL Til 4 1)1 C Hemphill, Noyes , Co. Franklin Bk. B!dg..Ph-ladelph:a In BufTa., Bul la rd. usr . .1-1 on Hi'' ti ore l tivlt lirl'.cr thortlum Inck. hut tilt's ( nil timii'il llcai 1 1 1: .1., . . 1 ,' .. - .1 in, : 1 . . i. .. tl ". 1 .- 1 M 1 1 ,.r 1 1 l'i 11. 11 1 - I" ' Iiv .I., " ' 1 ;ti.i tilii". 1 'I . - ml -1 In III" 1, 1. . 1 '" ' t-i 11- 1 1- 1 i'l 1 I 'I I ' I'M Mi l.t III I'll ni .11. !ri -- ' 1-1 I ' j ! '.I 1 i (onskrvahm, investment sLGGESTIONS 1 1 U..I-' i, i ..' ,.1 t t 1 I' ll .1 'i 1 1 . ' - ' atr. im ! .t i- .1 mi :r 1 I -I .1' I ' Ml I ll '. '. :-. - , ii. . 1 1- ., 'In' llll II nl ' : Inn, ni i. 1 L""ll '! .1 alt. .'.. ..' t ,. -. in mi f. 1 . . i..-,- . I 1'. 'li. . I," t' 1 - ii U" , .- 1 1 CASSATT V CO. a.w art COMMHROAL TRUST BUOG. PHILADELPHIA J I 'h 1 lad olph in or Its r i 11 : I t. ,v I r.i . ii-, I'C.'i --1111.1l11l irnii.nn".. Il.inlvtari "- l'i J. ' 1 I'tr ll I'.H llli I ,1111'ln.lll I- I'd 1 I 1 1. ilfi 1 !'. 1 or 1111 1 I t. 'I t,u . t ,!.,! Morion LachenbrucMCo. 1 nun n -1 s 1 I I' V 'll.l .11 I I III I I - I . I I" tffujjtfrcagBga-MiiTCJWtu-xstBsaa REWB3R0EB, KEKBERS5H&L0EQ ) r, ' In' 1 . ",-,, 1410 Chestnut St. ml . I' .1 I 1 Tocij) RA--y: n .lUert B ,r Lee, Higs'Kison ft fU I'Hifi Financf I'l-i.;.. I'liilatli'liiJiiit loo 110 .unn loin im .on inn snu ,W.I .'lO'l tno nnn in, Inn ID Ji .tin ion 7Ji 'Mil iton liW l()(l inni cm .mi tin Ana AO.t 1 no 1 on .-. in 1 Ml) iA)n .".nn ion ..in ';iiii 0l ion in 1 CMn .1A.M lit (1 'I in Mil inn : i"i'i mi 1 01 .mi a in 1 in inn inn in in :;on too ion I m .'ft:i in !iin tin I llli 101 .'lllll M'l inim .'mi '.'nil tun Inn I ni Inn Inn :' inn 1 i"i 1 n.i tinn un Inn I tin .mi tun 1 Ml 1 .'(in inn 1 inn ln.l .")u I M .nn .tun inn lrl II 111' On I. IHI I'll :. 1 1 1 inn m 1, on ."Ui inn 10.1 Inn Aun .in I'M non I (l'i inn wj ft 1 l mi n, 11 s Huh . Alar rtnblicr . "li'ii . Al.mlti Oolil Mtnri .. I 3 Ma-In .tiini'ini c, M t it 1 Ml'eil rilotn t- Pje . Ill ,' T'i 4S in . n 11 . i.l'n 11.1?, n, l'n tl !Tt. Mil's Mi1, ir.i'. lis 4 Allip-fhaltni'i-H t'li-ti'lmltnr 14 pr H Am Auric C'lmm . . Am 11.111k Null- pf a Am 1lr"t Siimtr. ft Am 15oeh MitKtli tn . . Am fnn '. Am fan pf li Am Cir & Kilv. m Chlrle .. .... l Am Cotton Oil . 8n Am linif Syn m lllilo & 1., .111 1 1 'Am IIlilp a ic.ttinr : JA " Am lep pf. . . . Wi Am Internal Corp .. l-'' " Am 1,1 n need An'., n Am toromntive . '1'a Am l.ocnmniiv, pi" Iflfi Am Itmti.itoi "' 1 Am Snfi'ty Uisrv ll's Am .Ship ,i (-0111 10' Am Smrlf a IliT . I '"a ' Am Smelt & Hof if . ;i 1 -' m SnulT Hi!t' - 1 Am Sir, 1 l.VuiKiriin W- ' Am Rmrar Hi-f m Snc.ir It, f nr in m .tirnatri Toll H Mil To I & T.'l 1-' 'ii Touaeen IS Am TnliniV" 11 A 1,1 Woolr-n . . .n Z1111' S. I.' i'l Pf An.umiil.i I'oppor 1 -11 (ll Mi li Tup H S.mi.i IV S'J'4 Ml uit.i llir ,i Ml.intlc 'J?i '. lllll,' I'n.i-I ,ll" . S'i'j Id Ml tlnlf SWISS , "t'i mi cuif & w 1 s s pf :i!ii " H iMttlri l,uiMn ntlp CO , I' 1 t moru & t Hiiii. : ( I H iltiiimre ,? ' 1' In p' ."Hi ' ll 111 -il .In i'i.i- H ::,', id tin, linn Mot. nn . "' I'- 1 1 , I'l, -Ml Mnl I !' fil Mi-m St.-i 1 ll AT' . " I 'I- In 111 S;. 1 1 S nf Kin1 J III , I' k 11 I'll ,,, 1; 1- ,-,s' , II . li I'npp. 1 .in .-, I & Sup, rn, i- ,, l'."4 ' hI.Io 'i'tilt.i' i) S 15 II '.i..fornU l'i Un i'ii'i, 4(1 l" '"ii.i.nli.in l'i, I He IIP, ' nli.il l,,atli. r a'l ' nli.il l-atli. 1 pr m: 1 ' ' 1 10 1" l'n-n, :; .. I" ' ' .uiilli-r .Mntoii llli-,, I ''. .iIim1. a 1 Hi ,, . ill"', 1 ' " .-no A it IVi - - 4 '' .iiro .t lit . -1 pf Is "''liMHO Mil & S' I' . '.'- '"In. .inn Mil a. Si ! ,r 1 . "1 '"ill I"., N'mlllH-eatri 11 Is , ' 1 '5 I P.ie . '.'s 1 Popp. r . . . '" nppt'i- . . ''nln . ' ' ' ill l"l I ,. s I. ,: ' ' I'e tboilv ' ' Sin. tli. 1 -i I .v -nlltlli 1 n ,- ,. li iplinplimii- ' "' ,-m i.ili i'iu,ir ' ' i.-d ti . , I llt.ll I'.imlv 4 T'li'llU ti Is, ' 1 l'i, il a I- li. mi 1 ... a, i',, ;., ,, .1 li i- Sn i 'Hi ' '' i Sifii ; ' ' 'l ' ' Hi" -"lllt.ll l.t Hl 4 ' ilu' Ann 1 S-i.ir I n -. 1 l'i tH t'JI'4 in', MU 40 43'4 A.T'g ?!l A IM'i Tlx )l 11 n i" wi a .to t-A?4 ton IV't n 'ii VI ll :' ton in , n.i lfii's lot l-'IHfc 1I!)IB 1 HI'S, HTH r.JH nip; r,rt':. VII i , ''s :i-' 4 :i-.'4 ns in ?', "."4 a?i n.'i v: sJ': US' , It". "l'i T 4ir; "-.Vr 1 in 1 l 1 -I 1 hi. U " '4 I' t'.' .1 -'4 IlA'D ' ;s'-4 i?i i:h ' tn M i flS-'t 'i I'l ivaH i'j'i ' 1 3 IV l'i - II H4 ' !! A0 i ' Ml 'J J 10,1 -751 I0U ' nxi 1'A ton' ' v.iy, tin 101 ' M?4 inti tfi'i S.ili - In J nn mo IIAO) '.'31 in Mil sno loi no 10,1 iwn '1 2 H 'a 'j 1 no nvi Illuli 1w lim ChKe . Intprnatmnal Taper... 5S'-4 A4 Sit y V, a Intrr I'.ippi- pf st pill . 7.t''4 73'4 " 1V' ,. K.inaaa city Southern 'HH ."IW 'U, r l'i I KnlmnB ' Hy So "i... 4SJJ I ICelly-Sprlnclleld Tiro. 4ft t Kinnpitilt Copper ... 17J4 . Ivpyntimn T & 11 1A?4 . Inland Oil 4 . Jew el Tea 9 to a t.nelinwnnnn SIppI ... AA 31 A3U I0.V$ tr-Ji Hi to IAS 743 tHM III) 7to IAH I to i l,"i Ititlilipr Tile ".111 .1 .111 I.i'IiIrIi VhIIpv . . . "-Ol 7 I.lnndt Jim) l'r tflOl Iipwb Co Ill 1 l,oft Candy till Ioo,..Vlli" Hlsenlt ini 'j l.ot-llliird Tolincco ln H Mnv pppt Ktorra.. , 7Ani l' Mexican I'rttolptim mn ! Miami Conner anil 1. n Middle Slates Corp. II , 1 :i:. i.i-i 4s li Al . s ! I '" ll'i 10'; 4A Ati"i s t l"i , II tn 111 ;'- n ;ii' S'i Is "15 , 41 " II 1 J I "'I " I lJi 4s C . I ;i III! !s III 1 I 1 ,v It o Crji il" .. i i m, Ci 1 1 'I ' "t Inllll-mi it I, !- P' 1 ' M 1 , -"in" It 1I1I1 r . . . 1 i' T 1 ''l .V V,K ..' Ml ,. I 'I I.I'- '.'11 bs , ll II 4 1: 'I ' T s ' i,.-i.il I.', 1': . I 'I llfl ll M'llulM 1. , t 1 1 M' . . 1. .. It 1 . IS ! Ci- -it Vurtlv rn n: 4 i.' iji 'In 1 1 Mir ft j- 1 1, 'ii ' .in.. ,, .1 1 p V ' .v. Ni, - 1 ,. .- I , II I VIlI.lllL' 'I," t II Ml I 1 1 11 i .',ln 11 1 "at I III.'' 'mi 1 ..ll .'. -i V.;i ,. n , mi p (if 1 ' II 1 v - In ' . , 1 , 1, li M. M .in. 1 r 1. ". -1..1 ' - .1 i;-j 4 i.r si 1:11 i.t t ;i 1; ' .i "".' ' :i i 1 .ii in 1 n 1:1 it 1 11 n; it .,1 ( tininioility MurLcts COTTON MARKET 1 Nnrl,. Mm, I I 1 - V .11 III" - 11 , ,i,l iij; yum- " ' I" I, . l.ll'l limit , . -,,. 11 1. l'i ' i 'i' n 1 1 i-p' 1 - '11. I - . .11,-1 d U" 1 .1 1 n 11 'linn A 1 1 1 1 1 1 1 1 1' j 1 t ri pi" 1 1 ' 1 : 11 1 1", 1 ; M 1 - I, 11 1; !: l". ill r ' 51 51 III' III lis IM , 4ii 1 Hi 4 II .it l.i , H I 1 - L ll in 'i "i All -'A' jt; lA .11,3, Hli. As .1 !: 1 ti n ni';. is ' 'fi's " !i ""s 41 , I s ": . II , j 1 - i I '4 I lJ I J r . V! s's .".' , H1! III! ' HI e ".'"I 4 llli .1'' 1"4 '", DA l-l's III-, S 4 II U 4 15 " . A j I.J 4 -I III I ,''V" It: ' '! ! " ' ' .' '! i III III I 'I 1 : nil , 41.', n : ', 11 Al l ' 1(1)1 II01 101 10m inn 111 Ann .Tin ;ni .Till 7 no ni .10(11) ini inn inn 1.0,) ' n inn ninn 111,1 5on I'M!) 1010 son Mldvnle Steel Ord. . . Minn & St Loulq Mo Kansas St Texas MIourl Pacific . I Mullliia llndy . . . N'nt Clonk ,t Suit .Vat It II of Mi 2d'pf I5to ev Con Cnpprr .. 108 il .V O Ti'X ci Me 71 111 Xiw York Mr Ilrake. HI .. .Vow York .V II Si H.. 1Ii4 5 N'orfolk Si Western. .. IftO 7 N'ortliPrn r.-icllle .... 8i!to A .Vo a ScMta S ,1 C. . a7 .10 .Vuiiallv c,, 014 10 Oltln I' & Iter 3H o Pacific Can & i:ieo. . 17JJ .. Paclne OH wl ,. alTo 0 Pan-Amer IVtroI 7Ato a P.in-Amer II 07 3 Penniylvania It tl.... 3S?i .. Penn Seaboard Steel. 10Ji PiopU'H (las Chicago. 411 a 101 l".!4 lOJ'a llto 1A3 7IM lS 1.1AIJ 1A0M is', is' isto I- 1.1 to no H It'j 13 IS .11 llJi 2V4 10Ko 2n ai IS? aa Vn 17 to I to i6 I- to .'.to:: AA 31 I 7A 3to f to IOAt-S-4 tn M I to inji- n i4to -, M IAS - !a 7434 I- Vi is to - to OILS M HIGH SPOI I'ito Maiipiette "Mil 11 . a PhlladelDhlii Co 500 Phillip Pet 'On T I'hilllpx-.lnii, - pf 13110 Pleroe-Arrow Motor in Pierce Oil 10 , put foal 3IM 11 Pitt,. 1 .i pf '-'im Plltuburph Si W Va 300 1, put. ,i v t Vn pf 0 1 1 I'iiI, Sen Cnrp nl .1 lid .100 k Pullman I0A tfiil s Punt. 1 Mmie Stiuni'. 4s Is 3.U4 5.1 37 ? 103i AS 13 dm; 3S 1 i I3OII"" 4 Pure Oil (Iilil ana ,3M1 :on ion tinn ,-, linn inn 1 inn inn . -i'l.i Inn I tit :ll,0l n.M'i I pin I ti sol till .cJin ;,:') j ion Ann .fin a lun inn .urn 1 Ann 1 iniii 1 'inn in, 1 1 nn .-.im inn inn 11.111 inn Kill A .' n Iln 5lll) I.Ann 33 .11 I! II I'J.'IUII lllll it'll! .'llli sin ;ihi Hit) ItiUtl urn J)) ini) ni'i ,')0 si),l iftn j-Jnn inn an1 4 ll.ll 'V,!, I 'up 13 I 1 Iti'.idini; 7314 3 Iti'iidlnir im pf :t.i., 1:. iiiiimtnii l'p, M-lti r noi-'o ls?i 20 31's A "4 10 tj CM 14 SOV4 III 99 St AJ 0'i ii?5 ait, im 07!5 .TO, 10!, as 34 17s a.1! 4 7a 311 n 109, r,sy2 Sli'j "JSJj 7)i 110 101 1st, .1:1 13 H 53to 33i no to i.ti mt 2 vi '11 X'2 r.!;4 15 aoa,- '& Jl'i I- 2V-H- to ioi'o f- to 2fi ; atW U a to 10 ;s- 3B 71 1 i si - avi ito t li mo 34 Hi a7 W- VJ !S to tili .. alto- to 74'-;! to C7VS f 1 to as !, I0H IN OUTSIDE MARKET Croup Holds Well, Except Guf- fey-Cillespie, in Which Boom Collnpsos ' New Ynili, Manli t The Hronil Stii'i't Ciiili'loilaj yoiislstfil of itiimer mis inniKi'lH, eai'li niuvlliK ill Its own spit ini illrt'ctinii and without rPKiirtl to I1111II11K in other group. There was a rollnp-e in (lie trndlti" of (iuffe.v (iilli'sple, whleh. in the last neek hn." Iipcii liPinilj ImiiBlit, nilviihciiii; to .'10, lint whiili has slnee hfi'ii iiressi'tl on 1 lie mnrl.i't nt ih'fllnhiK pi lee. Toilny ll was without tletiiiinil at nrotinil its refiiil levels and broke from i't'i'i to J(l"i on tiatlliiK of about ."000 shares, tltbi'f oils Keneiiillj were well held, the iiio-t iniportanl ft'iittiru of the tuar ket heitiK .Maraeaiho, which nuifted from L'I1 1 In L'.'Wj. imikinK n new IiIkIi for llil- movement. There was coti titiiu'il liuiiiK of I'.ll; Basin, which moved up to 1)'( on lnrjtc raiiaelioiis, with the accumulation aiymrcntl, beliiK for Midwest relinitiu intents : tlie.stoclt of the hitler ('oiiiiuiii. was trudetl in at Hill to MO. Sliiitns was lirm. with ales at VN In 7'1-. Ti'Mts Co. riuhts showed a lieiiMer tone, the trailllic toilni hciliK al l"s to l:lt. Coliiinliia Sjtidicnle sold at I to l'i. Carih Siiuliinlc was .... . 1... 1 ... ... .1, . .,- as4 - 'i iiaii'ii 111 111 vi-, -j to ii"-s. 18 to I Industrials, Kvnurall . Unlimited an'i ' to willnii narrow limits. MtCltire Much 3!i 1- H nn' -old at 'JKj In L'i,,. rami Coal 7.1 - it was tinn, sellinj; at l.T..,. with the 30?a j 111111 Let for the stui'U inline,!!! cd by fell's- 'smii-i nf the consolidation with Munis r'i illin- If. .1 Ueinolils If 1111s .IT? ' ' pti'iuli. -"IliiiK tit "7',i to :!7. .i 1 i,f Swieis was in hid cased ileiiinud, .494 - J4 I , M,,.N llt nil, JlIM .i( Ciitcd He. " ' 1, ...1 1' 1. ...1.1 .f. ,. 1 ,.... 1 1..1.. ..... ., Hill ' 111111,, -inn ill . ill I.1KIII ,i(- ,! -I'.nli al 1"- 11111I '-'. Cnhiiiiliia i ! ill -Jciald a- traded in in "J1., and -','.,. . i H111. 1111 Modus hi'lil ni it- hiuh n-eonl . ?..r lie... 1 TO THE HOLDERS OF First and Second Preferred Stock OF THE READING COMPANY: the lirnrlng hi l'lilliulelpliln nn Jlnridi 1st, the Ilentllnir Coinn 11 Stockholders' CominlKce nked that rlialiRes bo rnndn in At Cominon Stockholders' Cominlllce nked thill rlialiRes bu iim,in j PaJf proposed plan of fresrectitlon of the coal proper! les, which, if tniul(! 'f' seriously nffeet the iIrIiIk tiffoi'iled the I'lriit nnd Second Preferred e'tJi hohlcrs iinder the plan lis submitted to the Court. 0C1, AeeordliiRlj. the undersigned requesl nil holders of the two rln of I'refprred Stock nbove menlloned to forward to the Committee ,' they have not already done Mi, their proxies to protect the interest, ! the holders of I'lefermd Stock, anpiii(ifiilni'l.v to endeavor to J for the I'rcicrreii mock cn.uaiii.1 01 ireatmeiir wiiii tno common St I of pnltl company, nnd for thnt purpose to Intervene in tlio suit or iirnr ? itigs. If necessnry. Copies of the proxies may bo obtained upon ittmit ll,i nl tlio nl lien nt .lilt. AI)ltl,.S l.-ir,l,I.S. ill) Mull Htrnnt X City, or MU. WII,MAM A. IiAW. oo IMrst Nntioiml llnnit," I'hiln ir,k phla. l'n. The Commit tri nlrcndy hns received proxies from hnlilr . about Jllsht Million, Klght Hundred Thoiisniid Dollars (?8,800,000) ' value of both clnases of Preferred Stock. , ' ' ,ar ADRIAN ISELIN. Of A.-lKi'li!l & fo.. 30 U'nli v. N.-W York I'llv. "" MtMi, KUlitlll U. UUUSUN, Trtn-tpe. .T. A. (Inrlnml llatnti. 2 Wull ytrret. New York n? EDWIN G. MERRILL, rrenlilcnt. New Ynrlt T.K. , ...':'"!'':'", f''- WnM Ht., New Y,lfta WILLIAM A. LAW, "' PreBttlent. Plrnt National Hani. Plillnili'lpiilu, Pa. inK CADWALADER, WICKERSHAM & TAFT, Counsel, D.itiil, .Vcn York, Jliinh 3, 10J1. Willi, m inn ii ii mi m il iiniiiimammymnUMMJiliAwiiwiw ! a. Id is. 'i aato I31J 72 to n34 ilO'i nil i.l vi 11 1:. public Iron & Steel, llli JO Hoy.il Dutch y Y. ... 04 . . . St I,onle s.i n Kran... 23'4 . St Louis Southwest . 31(1., St Louis Southwest pf 10'j S.u.in" i 11 s . , l S.I Mill ilutor .", S'-.itio.inI n- Line.... II' j li'j S S, nr--llo bur U 5s 5S . Sinclair Oil ....... 3.1 J,, vn (1 Soiithern Pucltlu 57i60 511 . .-out'i. tn Pall ,!', 'jiij .. niinerii 11. ul pr ... .,5 5; .15 5 S'jini in' of .v .1 pt..iorto 'onto 101! ISDt MTUIAI.s IHkIi IV -.' 3!H5 10 t 17 li'i 7 s 3.1 5li 2IS 1 ll. 'I I'l, klllil III I I, III . . . '2 1 l'n iitnl, In Ciiir.il,l to I'lirint MntulH l'n 1 1 II I'nal 1, .M'Cltit" Minr . ... 4 I l".'ii. , ilmi 'Mr I 11 "IIO I'nlll I J 11 ninl I '"111 li'f 1 llct'lllll.' 1 luliti, 8 I II .1 lt".lliiils (iilwi ll J Id !" 1 linn" to - ' tn I,, . . I 1- Milp 1 nil, . , 7 ' I" S st..,,,, 1 I 1 im! l!"i I'nnili 20 i !.' 2', K 21, 1 1 117 ', l..n I l'n i jii', i.'i'. i. 1 1 I1T I III , tn iT I "t'i. .11a inn r Sp .. .12 ! M'ui'ilii-rc i .ul, . . ."I 5 .Si ml, b.Uep .... uo8 J -"iihm.ir'ii,' llo.it i'oip S'4 J "llpet llif 1 I 1 Co-l ... - '2 (I Sup, ilui Stiel J(T, II T. ; l'n , . . . . 41 to 'I'"' is i Pa, Ilk- . .',", I T".i I'.io fit) . V4to .Ml 'llllll- -.pi l!.. bip,,y s-j II Tljl'.liiu l'i oili.ots .. .1 Tl .111. mil un-1. i.il uil S'i I 'li.iiisu, . Win- Steel .ls'4 . I'li'nn (il . . 20B in I'limn P.i tl. . . 1203, I I'till.il M oj .-i.hI . 9,14, s I iiii ii In iik . . 11,1 Cnltfd Kiuit 1C:i'b I nltid P.'v - Ini,- t IPj Cult, d Un v nf-t pr ','(, .1 I niti ll I'll nl stoics . .' I?J I is c I P ,t Kdj K,i4 s I S I ml A.tohoi . . (,. I" S Kpod Piuducis. 2.1 s I" S flubln r . . . i.s S .1" S lilllllil'i. iKt pf up: .11' S Sleel . . yti, 5 1'.- steel pr . . inn '4 I 1 t. 1I1 upper ... lu'4 4 X.m.idium Corp il:ia . . Ylwtudoii Inc li W lli.lHll ... s!4 Wall 1-I1 pf A . . . ?i4 Wi -ttiri Mary 1, 1 ml 10I4 W( -t MaiiUiinl 2d pf 15' j Wi ct. in P.inllc ..s', 4 Wi HlliiKlioti!.,. !: M It. '-Wli"i-iliiK & I- i: . if'. White oil Coip . 12'., I Willi s 0..rliirnl , i, Wii;--oi. rl.iml pf ?..; 1, W'oril.liicti.n Pun . Is', 1 Worth Pump pf H i,,-, 4 .12' , .tu, :!)'5 S'4 S'4 no 'a 1 1 'It i 24 i s .':t0 s' as', ','flU 120 to !S9, !).! 102 ll3 .ic "II'-' I.-.?, SJ, '. 0 ' , M!?4 103 m't lllll' 4 411 .III', '.(J ., , 15' 3Sto II.' . !', 1 3 to r,:,', .12', ad to sto sto no to 4 1 J, 2:1 to 31 to s's J'4 -to IIS' 4 .'0 , 13(1 to '.sS ll.l Hi'? IM4 '.'li I.T lA 1, I 11 21 ni94 103 l'i Kin. 4 "i ; A to sto " I to K1.4 1 5 ' Jslt Hi to ?4 1 3 to I I ii I sI'AMMItll llll.s nf Inil lit-., I.il'; imii:i'i:mi;m oii.- 1 1 1 -in.i 1 1 nbi nlil. 1 m mil. al 1 n.liiiiy Pel l tn ilJ 1. II, H.n. 1 J'"l " I I 1 ,' HI. 'in., li ii l'r ' n 1, liill.-ii" 1 . 'I 1. m 11 llil ' 111' I'.trnl Al.. 1 1" ul),,. nil to . m.i. yil 'i'.hii-i it, r . n't III Am. r 1 Ml 4 s.,1.1,. i'Miiiii Oil I'i lit,, -U (ill to lllll lllll ll 1)11 , Itl III I'llIlH ' s,,, I'ml, m ii .lllll I VI I - sU,.'h 141 1. !. p.i. lit.- i'i.., r. i', 1 in !. .'!' 1 ' I I'l I1 I -"'rf s, I'l I III 3.65 . We take pleasure, in announcing the rate of interest on saving accounts, commencing March 1, 1931, has been increased to :5.G5' per annum. Extieme convenience is ad'orcled by our 15' n hour service 8:;'0 A. M. until vnidnighl; and our central location one-half block from Broad Stroet Station. Franklirii liTrust Co. I5th St. below Market Jj.'iii' I- W Phila. 52nd I Markel Sb ej-rr-rJln, . (,, I surplus, UU,UUO.OO Capital, 5 , OUU.UUU.VU bI-i iTlJ ' -sniai, I S'.iln 5 I A I 4 ! Ito to !A"-'i . I Ann. li, l .. . , i 111). l.-.lll" JB II,", I, I ! P. i-i, .it- , viiitiiiimi r l i ,,li ii tn Mining j . '.ilui. l.i I I i .llllilllK 8 ' ( nlv n Jllll.i to I i""iti' -Hi. r to M'l II Hi, I.l , ! i 'ii -. . ni l.t, .hiii.i , , I .mill i M.i. i 4 i I i,i I. , i 'ri i u- I. UL .1 II III! I. 1- , l.i.l.l ! li l..lt,l III I--1..I I , to , '"'I'l -'llv r l'i. I. , i I .. il.l Z..ii , , nr. i.l It.-n.l !! I . Mm.i.ff I III II 11 i.-M.III I ll.)lt - MINIM. I, to I.' li. I IT I' I1 FOREIGN EXCHANGE 1 .n '. M .. i I ',i i li -t i ,lJ I ' H,M I 11 Z i " Mils ii in ii i'M" S i u '"' 4 I'll , iia. I' .11 ' U.liln 'I ,n.d 7 L'n Inr i.iiiisi ! a' .. ? inr lmi li-. i. Financial Briefs in "i'i" tn, i. .it. Ml. I tl-st I ,i Mm i . 7". .'It i, Mciii.n iih.iin nl i.: Tli, I" ' nf tn. in "" ' '"il "I "I ! 'iMIItl uillinadH i.t I., 7" IiC. 1,1 ! I I ll I .lip I. lllll M.iin li"-i i , -11-111 II-1 1 I I ' .1 li, S" . I l i'l" I ... i ' i ll" Mill I n, -nlillljl ill. I I I'll..- '. . i. M'lg. I' II ' .1 I . -Ill HI i "ii.i! iniii 'i i. K ' i ll (I 11' I- 1 11 il I GRAIN MARKE1 I ICl " i.i . I- I inl- ' '.s . h. ,!.- .. .c. . li- '.- i.l .VI . I, ,,4 I .17 1" h.i l- I . '."' . I i Im hi. 7 "..: , in, ii l. . I'Vlil lllll v ,,,. ,i ... '' '"'.ll'-'l -VS Is I t'lll.ilnl .1I, , i,l,l,'l ,i ,, 1 iimiiid- l.i . ilii.i, ,i Si, ii, , i,, 1 1 . i mil, i tin n- i i i i - ' Ni 1 ni , .-i , infi ll .i- un, h.i i mi il ni 11 I l illlli' nil ",lll,i ,1 li 1 1. wan 1.: ', p, r i , ir IN XI. WI " I I'll iN- . I I 111, 4 I It.. I il. . T .'" '. Ml l pnl t- ,-. 'I ,u III. I.i4 HO., i, .-i .. ... -' .. ', ... ,,,, V ,', " I" "" "I I 17.. ' . , N" ''"" """"!'' I I.i Ml'.). """-' ""i nn "in "I .'i - -I.,, ,,, ""I 'i. m.p linn , !..,.. V.: ".," Ill . IU l. t- " M I' i ;..);,,, i':?'.,1" a"-"" "'"i-iu. -f p .i I,, in ' - I mm .1 li- I ,!,n yliil M li l'rl, slii . 7 .'ll 1 .', '" i . T Jl .! i.; , ., T'i" Plul.iiJ. Iplil-, Ti il 4 i '.'":v."":' """.. am, ,.'.',", .i to i.r Hi. ill '1' Ill l.l.i III .-"I .! I. If. , . , l ' a- 'ItU'linii ili-buislns .iiiiiiii.. iit. M . i iMmx I Ml "I. ll. Iti... Mini i , M ii Nam.illi I n S.ii Mm -h .lliiilin. I ll'.ll.. I.i.l" I Moth, r l.mli n.'ii j .Hun.,' Mult , MH.llK '" "i" I N.n Ni sun lit to , I ll.l.i , Sill. I Pun,.. ( 'nn lb i nf. Km li t r .lilt s .-nn I'm -ili.-i Mini I ii ,;. -I'lllil Mill r , i.J .Sll . "-H M'l IIIU T.'li.'inii ll. nn. nn Ti.n.ip ih i'.i li II, i Tiuii.i'.ih Inn. I. TiiH,i ill llMi'l.s,! ri 'riini'iuili-Jiin I. mil r Tnni'inih Mi Im.iv Tiiimj'.ih Milium , Tiilml'iili Mirnh Tnrnii.iti IL.tiliiii, Tnni'Puh It,' u llul.i I- s I in I I'lllli'il II ,-t, I II Vi. . ,11 UVh I Iii.I .'.in 1 IHI" i.-i IVIllwrl I'l. .11 X. I'.,n St i'n.l t -li l'i 1' Is 1". ' ! I'll'- i "op 'I opjli-r I .' 41(1(1 i uih d i in I'.'i- BANK CLEARINGS 1 I'l.'n "' Jl." 7 7 nj't 7 tn t I. II.. I Wi "I V nl MONEV LENDING RATES M.U liiiiii '.;. .' i,i i, i - '! " .' up !! il li, L . I ! fi II. '1 II. I. LIVESTOCK QUOTATIONS mi urn. Mit, i , " '" ' ' (s I .m.i m- 1 I - -l"l- IhhIi. I , - 1" f I III, i " I I if r ji, , : ' i '.' ! j', I,-, i, I 1 p. i I , C'll I I'llll IHI I I'lll I I' .p.i", l " ''.11 IW 11 lllll ' I J' 1 ll'lllll' 1 1 ll 1 . I I 11 I.l II. ..' ii. -I i j,;r ' It"". .12 .. ii ,." ' limn ' I. i f nn "I..,. I '" i'i 1 1 in i i ......... i,.t- K ", n.n. , ' ' ' . ! lo .-. . , iiii'i 'I 'i .n ..l.li . I llt n 1 I' llli I I" 1. li 'I' I II' .'" 'I!lill III il nil li - nl til It t . I in I 1 s tn S 1 1. iint. li Ipi I I'l nm ' i 1 1 v m .,: f. !!., . .'. .-I i .' . , , I'.I IK li ll-i' i .1 1 1 I'M- L.li l, I" I'lii-lniiiili. Mi, I, t , I -I, ,, '.'iT i'i-". r' "" -l'i I 1' I l- "nl, V ' ' '7 ,. ,u,i, ti, , ' "'! I.' ..I" I.- , ll l t IIiiO'.iIi, 1 i ,, ' if- .;. I,. ,. n . i ' ii.'iu 'iii hi It. nn, - ' ' "Hi -ti'inli ' "liip in ..f '' I' I'llll. rai " I"! '- IlKht- ' . - no mi 1 rs ''..iil.i tn '.' ."tui . ' ' ' m .ii . ruin , , 'ii Jim II.- -"."ii 11,4 nii.l 1 ' un lmi, n i ' '".l imniiii ' ' '.IKI 1,'UU ' I" I. lllll 4 " " 11 tll III 1 ' '- IV. , 'pi- IHi.Vlfi " I s llllll pill. il II ri - ni i ,. .i Rp.v Sugar Market Unchanged 1 1 I it 1 1' lb "in 'ni.. bi ll l" M ill ... ' SI I 7" li I j -III I I' "i '' ill's i, II -I ,1 si , I it si I mil,, ill I -!.' Ii.".i 'I III i.. I 1! . Tup I.-iAci ' xtti.i. "' , it. .nil. -'. nil I,-,, rifi'.n ,., I'l III l".l. ' II -"'. llllll "IMIli JS ",, II" III lllll "'I" I. "llll ll i - T "in . i-fiT.", h 1 , 'r i i i - - - i ii , ' ; I i ,,. I l - I.' ".'.! , , . .1 I t . , . . "ii !! i -I' im -' i I il'll I , ", i ' 1,11,1 I (jTn in fill s' it' t t u BAR SILVER H.i ''.IJ !' C-Aton Briers Ask for Holiday i i ' 1C. ..ll & I 01, 1 1 .'U j;. i Inrl. ii M. i i Ul .-.U'll'l.l,,- EAportcib Suspend Payments i in iimi, ' . i i in .tn , nn i' I I I 11 I i nl I' d I v Hint ito. ' , r i i ,,, i ui . i ' , l.i.i l-.iil .i.i til. ii i i .-ii." i ' nl I rs f ,. t I, V nn I'll sll f i V I o , ll p. lid p.i Ml i l l 'l'n llllll inn li ill ''''' !'' ,",'". "",!,., ri'l'.i ' i'i" i" ."'. r' ii; Kenoral iner-I ' . ,'; ,,.''. n (n v.li.it)ili.(. lo ."jouih Ainci leu. , , l' tf Uorf iou is, IVit i i " ' 'I" I I" 'I i'l In l.oiulnn in. -'I ii i Imv ii w,r."iin tno .i i ni. i. ii- im iniirk h.i.s -' "" I I 'nn Jfi Till- Is. Ih,. ,, II" il. I .1 s iii i X UK list J 'i yl(J i' In ii (li. i .I.il -i. .1 .il ., hi GOVERNMENT BONDS i ' 9. x-li "ii ifi"' 1 , I . h. 1 I I". IIIINHs h " T' . I'U - pi.'i Xltl'il l'i llllll .i 1 Ainu I . An rn. I Amu .li I i Anu'o In f 'ii T1 Ainiiuii T I ih -' T- I'U i 1 1 o i . l'i o - -I i.pii. r l ..i l s. l'!. ' ri - i 'i.iim '.. -Hi. nil', li I T i , "nl I i m.i. lM. -dint ii I 5 .. I,, nn .ii i . , Mnul- i .. 7' i Nn i I i'l i ii'.. i'.i i ; s, in- it . I l, s, m, I. ,. i . S 1,1- II, , I , , , sin. im 7'. .- -o' l k 1 ,. H . " S I' N 1 T sn- ' ; S n N 7--l i i N , T ! i . n i ; T. M- . 7 I i li' 11 V -' ii. Hi I'll I' r- n. I i il i ", li'inii I'. lmi nt mi 1 i HI ll Hi .1 mi inn ANNOUNCEMENT We announce the opening ol in office in PHlLiDELPHIA at 1046 Drexcl Building, Fifth nnd Chestnut Streets Telephone Lombard 5465 Under the management of MR. THOMAS W. SIMMONS 'COFFIN &-BURR Initiri'or itnl INVESTMENT BONDS New York Boston Portland mi ii ', i". I '.7 II. l I I" ' lu li ' l"l In PEDEBAL MX RETURNS oiitistoiii i' Di.i'AK'i.iu n r I'MJijit tiii: sui'intvisiDN or WSEGMK, HOCKEY & CO. CKKTIIIl'I) 1'LIiLIC ACCOUNTANTS ami a ni. i'i ii i noil 'fin: in in:i' or isti:uai. ui.m,m,e, is at im it si.itviti: ion tiii, iui:iaiction of lOtlt TAX lll.lt U.N lOlt 11)20 Waiioma! Security laask Franklin Street & Girard Ave. Philadelphia iioaiiii or Diitr.CTOKs' noon MA lit 11 2ll tn Kith NEW YORK COFFCE MARKET f I'M lit ll. M.ii. ,, !,,,, slum mt; nl Iln ;- ,i ',,. ,1, ,, , i,,.,,, U i out i niitiiiiii-1 I ii'iiilniim, ,1 ii,, ..,,."",, 'ili '!' I'" I"' "il "'ll ui. . nl,, i I Iln- nmi nun; h -t ini,. i .nxinj. I,,,,,,. nf frniii 7 In 'i pmni- " I I I'll ll. : tin i i ii t in. -- in. 1 1 . . . HI I llll-ll In In I M" , , , , s.,1, 'Jlh, II' ' XI I i ...... I, , ,,.,,,, i xinrKi il 1' In I' pi .ni ...li, mnl l..x I, in c im . I . i , i i lllll S'llltn- I'llnll l mi i ii" ii -InlMi 1 .1 lll'lil IIIM In n fill "lllll II . ."I ll 'I II linn "(V i i i iln in ii l.i i 1 1 Ti. I". il i .i il .11 i 'i nl-.i Im- ni I,. . .in I For Investors and Traders Our ycir I100U of price move, insnts nnil otin-r xnlu.ihlp in formnlion to ro.ulv for distribution Vow ii the time to make com parison of 'price, end maljo Now ii tli pn .election: of stoclii for pur clinsc. , A ropy will lio mailed witli cut obligation on your part. IVri'tc for it today. Smith, Redpath & Co. (II -aL Spruce 820 fVm HOI toll'liSOI I) Ql l I-L r LUKENS STEEL V 1910 'bLCUKlTlCS DEPARTMENf Commercial Trust Company Mrinlicr 1'iltrnl Iteicric Siit' City Hall S(uaro Wcit l'n ,' , ' 'I !".! il! i, .,1 . , I Slllililii lk I'hll , s,, ,, ,,,, 1K2.1 Wl,,.,i di ' ' 'in " I ii-l't'ti' ,, I'llll llil I I'llll iLc,,.. --rlm-. -- I riiiini'. -.iriiii (iHKll ' ' III- i. n.lii, i,,., I ' ' , '' i'::;,'..,"" .'';' GRAIN '.,," ,"," PROVISIONSCOTTON Inl' . ii ,' ' -'. '' y.ilK'"-""rr,",'l HmiiiliiK X ,1. ,., I-,. ,,, . "!' ." .. '-;. ,l" ilir.'.r.V.'i II . i"V,l.,,, '"" '"" ' Our WuPi iellrr Bcnl oil li...-,' . ' ' i iiinii' i, i, ,x I ui'l ( .iniii un . ii'.i " .Vi,:77,:;,--"" Hughes & Dier Pr,ce8 improve on PnriB aoilrEO itVSi;ir!;,?'"''-', ".-Ktf . JyMS , HuV'!".;;, .,,;' ,.';; ':.. - WiMirtVZ" .. : , iwt,.',i,?i,rp.u"i ii.fr. Sic: im ,,,L.. i ,.'."'.. '"""'. " IIIIIIII 11 1 1 I .. i per C"iii i x l!r lias iUUUU al Wtl SJ' n Mn ... Tlio tiuilai Samuel K. Phillips & Co. IlclilMlj 1435 Walnut Street bDI4ie HI3 lll ...r,Ulr ,(.ll S, O, k I'lliiL.. 007 slif-lnul sirctt fce riiiUdelpliU l lV - r sniAartiet'.'iri-L. . es.li l "TV"'"; 'y-. w iy4)&mi
Significant historical Pennsylvania newspapers