18 EVENING PUBLIC LEDGER PHILADELPHIA,- THURSDAY, APRIL 7, 1921 1 m I 4 i April Bond List We have just pre pared a circular which gives particulars of a number of. Canadian Government, Provin cial and Municipal bonds yielding from MARK EI SLUGGISH INCLINED 10 SAG NEW YORK STOCK EXCHANGE TRANSACTIONS 7 -. ZOi 10 All of the bonds de scribed have principal and interest payable in United States funds in New York. Writr for Cirrulnr P-iT Wood, Gundy & Co. Ill, l IK'IMtPcl M Wall Street. New York Toronto Wfnnlnrp fronclon, l'ttc. Montrml 1 jh A REAL RECORD OF ACTIVE STOCK EXCHANGE SECURITIES Price and volume charts ' l-ml ilcr-iiltM to p out in ej-niimthy with showing accumulation and '? "" f ,,, ,ti,,.t !,. .. ., . ,. I he ili-riMon of tnp rniiroiiii moor distribution zones, trading l i:inl ftR.iiiiit n ti'mpo.'tir.v reduction of levels and characteristic I w.is' applied to the petition mndo by i,i .: : , i tlir New York Central to rntlfy thp market action in each case. ,i(1,,p for , WIWP PUt on mMUnl A limited edition. Will be , .,i,r ,.ffWtn,. April 1. The ruling;. tent to early inquirer tREE. hi,uiir, nppliccl in sonc-nil to nil the I tinniportntion jM(,m Intllcntlug, in tile ll'ilH"-HP ot me Easy Money Rates Neutralized by Unsettling Foreign and Domestic Developments Vw orli. April 7 The pall lonn rrunnnl rntr. tuts ;i et.'I i n fhr-il nt .T-i per tiii tlii morning mid Micro wns n i-ontiniicfl libornl offering of demnnd funds nt tlint rnlo. As n market fac tor. liovprr. the gnoil influence of the apparent eimler money market condition-, was to a (jreat extent neutralized l the tinrttlinc developments in til Itntisli ,.n strike situntlon and the ilei-Kion f tlic rniiroiid labor lionril :ieinnt tempnrnry reduction of unr-pa Atiniiiiticement of dividend ninininna by the Mtilliti Hodv nnd the Clnrtt & I i'iiIio,!; iiirrctnrx nt the nine time drew otteiitnui in unsntisfiictory indit'trUl -iliiiiliiiii. Itntcnd of weakening, how MT. Hie market bccimic extremely dull a nd colorless with hURRinc prices. 'I'o thoe pledged In the constructive iide Hie ilny's priveedings was nny t'litiB but encournglng. Disappoint nn ills .-.ecmed to come from nil sides. In the first place hopoi for the permanency nf Hie easier credit siti-atlon were soineuhnl ilampeneil in Hie failure of the goMMtiois of the Hnnlt of Kngland to reduce the minimum discount rate. uhVh ;is left unchnnged nt 7 per in ll had been conlldently predicted a reduction would be made by the l'ng lish bunk this week or next, which r. .mlil sunn be followed by lowering of discounts b the Federal Heserve. bank-. Then ituitij believed n general stiike m I'ngland would be nverted by the government mediation. All nego tiations, however, were broken off this morning after a conference with the government official nnd later In the lu it was reported the railroad men Write for R-10. J. F. McGOVERN & CO. Member Mill. Stork nrehanis 1130 South l'enn Sq.. I'hlla. ee 0410 Race 30M New York 12 llrondwa Direct Trlntf tVlrra In All Market Interest Earned Eleven Times Over YIELD 9.80 'n We offer, nt 95 and Interest, the Eight Per Cent Secured Notes of a Company whose Net Earnings for the Twelve Months ending January 31, 1921, were over eleven times its total fixed charges. The Gross Earnings were $75,000,000 and there is a Sinking Fund of ,a a month. Upon request we shall be pleased to forward an interest ing comparison of this security with other recent ones of simi lar character. If you are inter ested in malting the most effi cient investment of your funds it will pay you to Send For It Frederick Peirce IIOM) FIIK & Co. 1121 tn'. I lielmit s,r,. is i r MI'AT l'lill.idihhi i . i j .i mn'trr of ot hi r words. inilromN to enforce wage reductions Miles the same were uduntarily nc i epted b the cmplo.io With these conllicting influences the mental mnfnsioti of Hie trading con tingent bee line more pronounced, nnd both sides sunied disposed to rest Oil their o.u-s instead of taking a fresh ag gressive position until the outlook was i laiitied. There was, in consequence, a eij m.'iiked shrinkage in the volume of dealings nnd the market gradually orifled into mi ivtremely narrow apa thetic rut. After the moderate overnight ac cumulation of buying orders had been satisfied, prices dropped back Motors, Uteels. equipments and leathers were l the fist tn jield, falling 1 to 1U. points 'under estcrila. "s final quotations, nnd I Mexi an lVtroleum lt the greater part 'of its carh rise. Twin City Ilnpid j Transit. jetenlii's strongest feature, lost all of the gain. Among the few Mocks to show- support were the cop pers nnd Western I'nion, the latter advancing two pointp. Additional depreciation of prices oc ii incd durit g the afternoon, with vpe i ciul weakness in the leather shares. I both Central Leather common and pro J ferrcd goitu into new low ground for I the enr on reitcralcd reports of the probable jmssing of the preferred divi dend. The steel, oil and equipment shares were also under more or less luessiire. International Ilnrvester Mlf titccl another sinking spell on the an nouncement that the company had din loiitinueil the manufacture and sale of Pnli- 4ftl) 180 .100 in too moo xoo 100 300 1300 son 200 100 I .inn 1300 300 1330 3300 3300 300 300 H00 0900 3100 100 3000 1(100 too 1300 300 400 30000 100 7300 3300 100 300 4300 300 800 100 400 .100 300 S00 AOO una 100 ;no T so too 17100 3400 M0 noo 300 300 11(H) 1700 700 000 100 100 3(10 4700 AOO 3100 A00 1400 A00 noo 100 300 too ton 1300 4000 H!h . is 40 70 as t7 A7'2 31 4814 Die. In t Aihance Tluniely .. o Adnnco Itumcly nf AJax Rubber 33!J . Alaska tiold Mines .. 1'i Alaska Juneau O M.. 1 2 .. Allied Chcm & tj9... 43H 4 Allls-riialmcrs 304 7 .Miia-LTinlmers pf Am A grit- Chcm. Am Ileet Sugar 37 Am Can 29 13 Am Cnr IMy 133 no Am Drug Mjn ayA Am Hide & Leather pf 43U Am Internal Corp..,. 43H 1 Atn-L.i France l'ng... 94 .. Am Safety nazor SJJ .. Am Ship & Com Ntt 1 Am Smelt f. npf 3SJ 7 Am Smelt Itef pf . , 74 Yi 3 Am Steel Foundries. . 3 7 Am Sugar Itef Ot Yi 10 'Am Sumatra Tob 74 0 Am Tel & Tel 100 13 Am Tobacco 11 3H 7 Am Woolen 73H .. Anaconda Copper .... 37J4 t Assn Iry Hoods ,T4JJ n Atch Tot) & Santa Fe. HI 6 Atch Top ft S F pf . . .. Atlantic Fruit 10 Atl Oulf & W I S S.. . Atlantic Tet 7 Baldwin Ixicomotlvo . Baltimore ft Ohio. .. 4 Baltimore ft oblo nf. 3 Bethlehem Steel S4Ii 0 Bethlehem Steel B.... 80 Brkljn n T ctfn of dep 7!$ to Burns Bros 8i, .. Butterlck IStf . . Butt Copper & Zinc . 4& .. Biffin & Surerlor Cop 114 .. Caddo Central O & It. 17ti o California Packing ... Bft . . lantornia petroleum S Cal Zinc A Lend...,, 3 Calumet Arizona 10 Canadian Pacific .., Canarja ft Southern,, 7 Case J I Ipt pf . . Central Leather 7 Central Leather pf . , 3 Cerro de Pasco 10 Chandler Motorn 70. 4 Chesapeake ft Ohio... SB . . Chi A H III Eq T ctfs 1 Y2 .. Chicago ft Ot West.. Chicago ft nt West pf 17 .. Chicago Mil & St P... 34 .. Chlcagr Mil & St P pf 3 5 Chicago Northwestern 03 Y2 7 Chi ft N'orthwcstern pflOoU a Chi Pneumatic Tool.. 0SM .. Chi P. I ft Pao '2H 7 Chi II I ft Pao 7 Pf 716 .. Chile Copper 10 .. Chlno Copper 31 .. Coca-Cola .'. 33 fl Column fins ft Klco. . (10 1 Col CJraphophono . . . 7 Col Oraphophone pf. 4 Comp Tab Hecords.. 1 Consolidated Gas . 3.R0 Consolidates Dls Inc . . Continental Candy . . 4 Corn Products Ref 100 2. no Cosden Co 38 An Average Investment Return of 7.J7cc Our April circular (just o u t) contains valuable Riiygcstions of interest to investors. It shows how $1,797)0 can be invested t(t return $:U0 annually, equal to an average investment re turn of 7.W. lie sure and get one be fore deciding what to do with your a v a liable funds. Reed A. Morgan & Co. BANKERS Dealers in Investment Securities DROOPING MARKET .V LOCAL STOCKS I'cnntylninin Fell to Ycic Loic Level ''cc Offering of Philadelphia Electric I ii .i inz m tin loial stovks were very limit d nut with the "lowing down pre is d,m loped ti distinct drooping tenilencv o iiupnrtunt ground wan lost i nt t'l, ngging Miarncter of the ii'ijnKft f i'1-.'ed a .inking illustration of in. unci In,;, i.f interest. especiuUy ii 'In- part in' tlii" so lulled public. S noiuiiling conditions, inllueuces I nnd i ircumstaiii es all combined to 'dampen mntket interest, nud it was ii ore siii-ins rig the lit held up as well - it d d More especiallv in view of Me dep'esMi.r , fleet of the recurreut I'lii'ii'i"' in I'ennsvlvnnln Railroad "i I. tell to a new low record at .'t!lTi 'I her' was also continued free offering of I'hiiadelphin Hlectric common stock 'i 'In i art of the holdern who have not i in ! kindlv to the additional issue of I' 'erred stock, which. hoiecr. has ,i iidv been authorised The ptcfer .' I i' as better sustained at -'! xlnistment of speeiiinin,- niioimts , ild apiinriuilv nnswii foi ihe freer l',l of l.nke Supi rmr Cm porntion, v ,i h was ull uikiii at ( in relatively -mall tiniisacfions, frm timiiil leiesslnns w.ic registered In Alliun. e lusinance, i.lectnc Storage llmiert I.ehigh Vulley nnd lonopah Iielinont I nited das Jm Tii'oement was left iinchunged. Anieri ,t, Slmes regllllliil ihmiIv ii point of i . -lerdu.i "s il" line 3000 3000 1400 100 800 noo 400 coo 300 400 100 1000 300 900 400 1031)0 300 too ;h00 100 300 too 3000 100 too 100 200 200 S0O 800 200 S00 300 300 4011 100 3200 300 100 300 3)0 2000 2000 700 300 14110 100 1300 2100 100 8 Crucible Steel 8514 4 Cuban Ame-r Sugar. . . 21 . . Cuban Cane Sugar... 21 0 Delaware ft Hudson.. 100J . . I"Yner & ltlo Grande, IS Pcrner ft Rio Gr pf . . 1 2 1 Pome Mines Ifis Kndlcott-Johnson .... 01 . . Erie. 13'4 Erie 1st pf I8I4 i.nc u pr i -J"2 8 Famous Plnjers L.... 71 8 Famous Players pf... 85Ji . Flslc Rubber 10JJ Freeport Texas 1SH General Asphalt 03J4 n General Cigar 39 12 8 General F.lectrlc 13IU 1 General Motors I3?8 7 Gen Motors deb 1.. 70Ji (I Goodrich B F 3S . . Gray Davis 13 7 Great Northern pf.... 71 4 Groat North Ore ctfs. 29 Green Cananca Cop. . . 31 '$ Gulf State Steel 30 Low IS 40H 3.1 Mi 43 3(1', 80 .2 80 497. 4?j 37 38 133 i; 41 4IH 8?i &H W 37 ?i 74 H 39 91 Y2 73H 103H t13 7114 37 H 33 Vt 80 7'i K'i 34 17SA sou ns 48 SiJ's ssyA VA 80 18U 4J4 It U 17 S7l4 3'.' 4?i 43S4 113H 40 78V4 3114 08J4 20 794 S8!4 in 34 H 3754 3lj 100 yA 04 Ja 25 70H ton 31 sin 5912 434 35 Yt 831, 7H l's 733i 381, S3? 23 201, 100U 1H 1614 , on HJi 18 13J.4 70 85 U my, 60)4 Teeny's Net Cloie Che. IS - 4 49H 1!4 33",4 Hi 4 tt 434 - 3B4 80 -49J4 J- 37 - 284 133 - (Hi 4114- 41H- 3 94- H-814- 3894 I- 7414 29 - 91!- 1 7394 r 1054 . 113H- 7114- I 3M 1 3374 1 I 80 -75?4- n 3434 1- 17H (on - I 334 - 48',4 54TS-. SH- 9i Vi IY H H 4 Y . 44 . S . 4314 .11394 . 40 . 784 . 3154 . 71 3014 0J4 4314 30 83 H 7H 114 71 '4 I Haskell ft Barker Cnr S8I, Homcstake Mining ... 50 . . Houston Oil 78 I Hupp Motor Car 14 lj '. Illinois Central 87 . . Inspiration Con Cop., 3374 . , Intern Con Corp 4 . . Inter Con Corp pf .. I3J4 Inlernnt Agrlcul .... 814 A Int Agrlcul Corp pf . . 43, 7 Int Hnrwster ntw... 88 Int Mer Marine .... 13?, Int Mer Marine pf. . . 51 J International Nickel.. 14J, International Paper .. S794 . . Invincible Oil Corp... 3114 . Island Oil 494 .. Kansns City Southern 3S& 1 Kansas City So pf . . . . 4014 I Kolly-Sprlngtleld Tire. 41 !4 n Kll-Spg Tlra 6 pf 73 i KemiPolt Copper ... 1814 . Ke stone T & It 1414 ,1 Krsge S S 145 1304 1314 701, 37' 15 00 29 3194 30 38 50 77 14 14 86 h, 33U iVi 13 81, 1414 85 13H 51 2 l!t 57 10'i 4(4 3114 49ij 4014 73 18 137, 145 7',- I 89 4- 314 1814 14 44 Vi 1114 H 17 - 14 58 - 1 4314- 14 47i- 14 4314 114 11394- 1 40 78ij- 1V4 3174- 3M C - 3V4 30 14 7994- !' 5814- 14 114 .. 7V4- Yi 10 - Hi 3494- 14 3794- 74 03V4- 94 100 4- U (J594 ri 35 - yt to- 31-4 to 14 I- H 21 14 - 94 2214-1 1$ 591,4 094 4314- 314 3514- 94 8314 - 94 ?- A 1 !i t 14 7394 -314 .. 8194- 94 3314 - 14 3014- 'a 10014- H 1H .. 1)4 .. 10 94 14 00 - 14 11 Ji- 4 18V4- 14 13V4- 14 70 - ., 85 - 114 194- 14 1514- 9 r.0 14- 1 59V4 14 13094- 14 1394- U 70J4 3714- Vt 15 70 U- 114 29 3194 - i 30 -fl S814 14 59 - y, 77 14V4- V2 87 f- 1 3294 ' 494 '4 13 V2- y, 451,- m 84 - 2?i 137. , 5114- yA 1494- 14 57 - ;, 2014- 4 4H 3494- H 4014I- 14 4014- H 75 1814 '4 1414- 14 145 i 314 Dlr. S In I llUh 109 Incka wanna Steel ... S3 100 2 Lee Rubber Tiro 39 500 3.50 Lehigh Valley Yt 3100 2 Ixicwo Co 1914 100 1 Loft Candv 10 100 is Lortllard Tobacco ...14(1 100 7 Louisville A NashvlllelOO 300 10 Mnnntl Sugar 73 100 . . Marlln nockwell 794 500 May Dept Stores 87 100 7 Mny Dept Stores pf . ..10114 23000 it Mexican Petroleum ..143 0 2 Miami Copper 18 V4 3108 1 00 Middle. States Com. . . 1394 7400 Mldvalo Steel & Ord.. 3794 190 ,. Minn ft St. Louis 1014 330 .. Mo Kansas & Texas.. 314 309 .. Missouri Paclflo 1714 300 .. Missouri Pacific pf... 3714 100 .. Montgomery Ward .. 18 200 4 Mulllns Body 24 300 7 Nat Cloak & Suit pf . . 9H 1100 .. National Con ft Cable. 3 100 e Nat Enam & Stamp.. 59J4 400 0 National Lead 73 800 . . Nev Con Copper 10H 10o o N O Tex ft Mex B5 500 10 Now York Air Brake.. 7414 'on .vow York Central. . , 300 New York C of St L, 300 2 30 Now York Dock.. 400 100 000 100 2S0O too 300 300 100 1300 too 100 5S00 6309 100 too 5400 600 1000 800 500 300 3800 100 100 100 100 900 1100 800 1100 09H, 47 2914 1094 1014 94 Vi Now lork N II ft II 1 Now York Ont ft W 7 Norfolk ft Western. t Norfolk & Western nf 67 7 Northern Paclflo .... 7794 . 10 Okla Prod ft ,Ref 34 . . Ontario Silver Mining 4 2 Orpheum Circuit .... 35 .. Otis Steel pf 74 3 Owens Bottling Mach. 47 .. Pacific Devel Corp... 14U 1 Paclflo Mall 1H . Pacific Oil 37 6 Pan-Amer Petrol .... 0094 0 Pan-Amer B ...v... 0114 .. Parish ft Bingham... 14 3 Pennsylvania II n. ... 34V4 .. Penn Seaboard Steel.. II .. Peoples Gas Chicago,. 4314 .. Pero Marquette 17V4 3 Philadelphia Co 82V4 .. Phillips Pet 29 .. Plerco-Arrow Motor.. 39 .. Plerco Oil 10J4 .. Pittsburgh ft W Va.. 39 1 Pond Creek Coal 1314 7 Pressed Steel Car pf . . 91 8 Pullman 105 fi Punta Alogre, Sugar . 44 4 Puro Oil 33 .. Itay Con Conner ... 1314 IOO1.35 Rand Mln Am Shares 31V4 3800 4 Reading 300 2 Reading 1st pf 200 Repio stool 4800 0 Itepubllo Iron ft Stcol. 7800 s. 20 Iloyal Dutch N Y.... 68 V4 1 4094 2514 (JO 5014 31V4 28 94 314 000 st Louis San Fran. 700 . . St Louts Southwest. 000 .. Santa Cecelia Sugar 200 .. Saxon Motor 474 1900 8 Sears-Roebuck 7394 u .. seneca Cop Corp 15 100 .. Shattuck Arizona Corp 0 3100 . Sinclair Oil 3374 500 fl Sloss-Sheff 44 3000 0 Southern Pacific 7474 100 0 So Porto Rico Sugar 73 400 .. Southern Rail 20H 100 a Southern IUll pf 35V4 000 7 Standard Oil of N J pf 10774 400 4 Stewart Warner Speed 2894 200 .. Stromborir Carb .... 37 31000 7 Studebaker 78V 500 1 Submarine Boat Corp 894 400 . . Superior Oil Corp ... 874 300 o Superior Steel 44 300 .. Tcnn Cop & Chem.... 794 1070 3 Texas Co 4114 2300 ..Texas Co rts tJ4 1500 1 Texas & Pao C ft O. . . 384 1100 i Tobacco Produots .... 47 3300 .. Transcontinental Oil . 1094 1800' s Twin City R T 5V4 800 10 Union Pacific 110 V4 100 .. United Alloy Steel . 30J4 300 a United Drug 03J4 700 h United Fruit 101 y2 1300 3 United Retail Stores.. 49V4 son . . uscii' itay. . . . 000 ..US Food Products. 4100 8 U S Ind Alcohol 100 7 V S Ind Alcohol pf . . 3oo .US Realty ft Imp. . . 13300 8 U S Rubber 600 . IT S Smelt ft Ref . . 0500 a U S Steol 1000 7 U S Steel pf 900 0 Utah Copper 300 . . Utah See 3100 4 Vanadium Corp .... 300 . . Vlvaudou Inc 200 .. Wabash 7V4 300 Wabash pf A 30 100 Weber & Hcllbroner . 11 V4 100 . Western Maryland .. 994 1300 .. Western Taclfic 35J4 500 7 Western Union Tel. . . 91 700 4 Westlnghouse B ft M. 4814 300 .. Wheeling ft L U 894 1400 .. Whlto Oil Corp 1014 400 4 White Motor 4014 1000 .. Wlllys-Overlund 894 100 .. Willys-Overland pf .. 3 100 8 Woolworth F W 115 too a Worthington Pump .. 48J4 200 0 Worth Pump Pf B.... 034 18 . 3394 . 0794 . 0014 . 40 . 73J4 9 14 . 8194 .lion . 404 . 10 94 . 3094 014 I.OW 53 20 4914 184 10 140 100 70 794 8574 101 14 13874 18' 19 2894 10V4 3 17 3014 18 24 6914 i S9J4 73 1094 05 73 894 48 3594 1014 10V4 94 67 7594 394 4 2114 74 43!4 1414 1494 30 0894 6114 14 3374 1074 43 "14 33 -V4 3 74 1014 20 1314 01 10494 43V4 3374 13V4 3114 0714 40 25 64 Vi V4 21 27V4 3 474 7194 1494 6 23 94 4394 7394 73 20 Vi 65V4 107 94 38 V4 36 V4 7094 8f H94 43 794 41 V4 17, 3794 46V4 974 45 11014 30V4 0394 103 14 4894 18 2194 6594 9S4 46 70 V4 3894 81 10974 40 104 39 014 ?V4 30 li!4 94 35 90 4814 8', 4 154 40 814 31 115 48 63 Today" Net Close Che. 53 - V4 36 ... 4014- 14 1894- 1 19 - 14 146 - 3 100 79 794- 194 87 114 10114 114 13994- Vi 1894 14 13V4- 14 394- Vt 10V4 3 - V4 17 - 94 3014- V4 IB 24 69J4- 94 3 59)4- !4 73 IOV44 Vi 63 - 114 73 - I 69V4- V4 45 - !4 3594 14 1694- 1 10V4- H 94 - 1 67 76 - 194 394 4 - V4 35 i 74 - 1 44-4 l Vi- 14J4- 14 30 - 1 08V4- 94 61V4 14 31-94 1074- 94 43-1 17)4- 74 33 - 14 26 3374- 94 10V4 - 14 30 4 13)4- V4 91 1 10494- Vi 44 3374- V, i3v n 31 14 - 14 67)4 - 196 40944 a4 35 - 1 0414- M4 67V4- 2 31 14 27)4 !4 3 - Vi 474- 7194- 1494- V4 0 94 33)4 4394- 94 7374- 96 73 30)4- 94 "14 V4 1074 .... 284 . . 38)4- 114 7074- 1)4 8)4 .. si- )4 43-3 794 .. 4114- 14 174 3794- 94 4014- 1 10)4- 14 45 -10 11614- n 30)4- 94 0294- 103)4- 194 49-1 18 Vi 3194- V4 6594- 1 0V4- 14 40 t- 71 - in 2894 14 81 - V4 110 - w 49 1- 94 1094 94 B3994- V4 14- V4 20 - i H14- 74 94 I 14 35V4 m 80V4 1(4 4894 -r !i 814- 96 154- V4 40 - 1, 8V4 . 34 115 h n 48 - Va 03 TRADE IN OUTSIDE I MARKE BROADENS Business Evenly Balancod and Price Fluctuations Aro Mod erate Oils Irregular New York, April 7. There was n further broadening of trade In the Ilroad street curb today. The market was about evenly balanced ind fluctua tions were of only modcrato extent. Southern Coal nnd Iron, which had been n strong fenture, titter nclling nt 0, reacted slightly. .Market Street nnllwny was fairly nctlve, the common being strong, telling ., au. Aemn rVml wan In cood de mand, advancing to 1. Inter-Uubbcr was quiet. , . tminnemlpnt nils were irregular. Mnrocalbo started nt 30, but had n quick drop to 20, nnd Cor lb Syndi cate, which opened nt 7. declined to 7. llynn wns in supply. International Petroleum sold nt 10?4. INDUSTRIALS .. 14 Acme Col Hrlt Amir Tob coup . Kniplro Food pref .... Perfection Tire rtarllo Com nnrtlo Com cref 17 S Ship V H Steam '. United Profit Bharlmr STANDARD OIUS Amtlo-Amer Oil 17 INDEPENDENT OILS Low 1 t it. ij't i 2N ArlcAnna Nat Mas Cnrlb Hind Denny Oil F.Ik llaalii Pet .... Federal Oil (Iranada North Amer Oil .. Noble Itvnn Con, Skelly Oil United lloyaltv ... Victoria Oil new . Y Oil MINING Alaska Ilr Columbia '4 Atlanta . Ill I.odso iii Dooth ,4 lioston & Montana Caledonia Mining: II Candelarlu Mlrrinic 1" Con Arizona Cortes titlver - Uureka Crocsua 0" Uoldfleld Florence Hold Knwanas 2 uoiu fmver iicn Onld Zone It). , Hecla Minim ' Jumbo Extension Knox DIMdo 17 Jlaren .Mining- 1 Mother Lods 47 Mother l.oile new 4J4 National Tin IS NlPleaine 'i North Star ., ophlr Sliver 1J4 rrlnce Con . Jlex Cons Hocheetrr Mines " Ban toy Silver King; Divide . . . . 0 Am P & Q tand Slher Lead .... Tonopah llelmant Tonopah Cash Hoy Tonopah Extension . . . Tonopah-JIm Hutler . . Tonopah MUpah .... Tonopah Montana . victory . . . Weat Knd 17 1W 14 a 1.30 p. m, 1J8 14 1 I '4 1 I 17 111; 8k. 4 02 11 111 n; no tin 34 7 17 7 47 ? o 7; a a 4 CJ 11 111 7 7'J nt 17 7 47 ? is H Free of All Taxes We Offer Joint Stock Land Bank 5s 94V2 Yield 5.50 Telephone SrnucE 8200 Commercial Trust Company Member Federal Reserve System City Hall Square West l 3 3 Con White Caps . . Wllbert Allied Tnckera 0 Amer Tel 0a 1022. 7 s H 4 1 7 3 tl H h 4 1 a IIONDS 4:. 7, Anaconda Copr 7e 1020. IJ31j Ii; Commodity Markets trouble. The South mmii oompnrnthely few belli ig onlers to tlu local pit. Toward inidufternoiiii, the. mnrket turued firmer on I In- report tlint Ilritisli minerK nnd tnitihport sorlters wern try ing to bring nlxiut a t'renh conference with thi UritNIi initmter of lnbor. Now Orleans was a good bu.vcr hut the Lnlk of the demand, which carried GRAIN MARKET ('lilr.'igo. April 7 Wheat wns irreg ular ngmn iodn. with the close firmer and well above the bottom. A report , , Ullin in iii in-iii.iii.,, ii.lii ....-. lsMinil b the gorernnient, putting the priCP3 Boveral points above yesterday I'oiiilitinii uf i hi' nop, a of April 1, at cloie, came from loonl shorts. , , i .., ii'i nnntWMi' The exports were lft.UiO bales, all tn !.. nnd tl..- w.ld ut ,1-1'000',MH'irireflt Uritain The dourancea for the buihi'N. wax tint iin bi'arlsh ns some of i SC08On to dnle were .l,SJ0,O0 balls. the m 'iit tirniile "timnti". nrainsi ,).-vn..ui oair him .ri The feature nf the trading wan the undoing nf spread between Maj and Mav ,lul, celling Mm and buying July. This yohrr Philadelphia Stocks HUh 10 Alii Insur 17V' 217 Am Strs. fill HJOtAtlnnGulf & W1..35 L'StCruciblo oieei .. ni'i I1W 17U. .vjt; Net CIo.a chi' -t- -I. lcmbera .N i u 1 '.r'. und 'tiltaielr'ila 321 Chetnut St., Philadelphia FOREIGN EXCHANGE New loll.. Ap il i Ihe fiiU'igli ex- i 'i.IIUi llllll I el V i- I s il is mi. i unit; Ski nil 1 1' .1 ties sliiitMil 1'nint i. 1 i iiii)iiall. sunns wns up i.e umi till lllipiiuelliellt nf ! ' j ii'iiuieil it npwan ,,n - with nun l,i i'itiitiiui an opoiiing j'Uiti nf In'.j ihl" II . - .',1 7"i rhi'i is .il , I 1 nt i ne.k-, II I)'-' - . ; :i."i. i k- 'Si iio Pa. & O. Pr. & Lt. 7l',a. 1040 Philn. Company 5s. 1949 & "51 Lehigh Pr. Sec. 6s. 192 7 Lukens Steel Co. 8s, 1940 Amer. Gas & Elec. 6s, 2014 Public Service N. J. 7s. 1922 Kansas City Pr. & Lt. 8s, 1941 ,Sun Company 6s, 1929 A At a LAND TITLE DUILDING, PHILADELPHIA, PA. Irmhers rhiliidrliiliM Mink lAi-lianse Penn. Ohio Pnw & I,t. 7'2s. 1910 V,HarrisburK '-t. "t I'ow. .",s, 19T.2 Wllkes-Harri' Co. .Is, I9(i0 LcIiIkIi I'""'- Securities Gs, 1U7 Sun Cn. Oh, 100 j Sun Co. 7h. 103! BAUER, STARR & CO. fcANM 11TI.I. HI I) IMNd. I'HIUMII.I I'lll.l Nrw York unite, 113 HrouilHiiy 'Direct private Telephone btt OtHeea Were i In-j ' ubh ". '." ' h 1,'innud fi'itn i ih1 7 It! I'ltf l.s 7.l."i. .I'm w I , i tiiH-ks 1 4il,.j . Swii-s . 17 :,. i'Iih Us 17'!."' guildi'i en I 7"i ehei ks .".I ill, iiiiinw iiiblei Mm kholm eiibles Wl t'hnsiiiiniii ra il IH Jt) .'hn'Us 10.1.1: Ciiprnhagen , i, Us is. 'j,', i heeks IN lilt Iiciginu mhle. 7 -1M, ihd'ks 7'li marks l iji.. Ill the iil'teiiiniili. lifter II slujbt te iiskinn from the high figures of the i liruiiig fiiri'imi (Sfhange itintntions vii. steiidv Sterling enbles were II '.C's, deiuntnl :i.lll; Irani' cnbbs 7 l.'l. I'bii'Ue 7.1-: lire lables I :", i heeks I. 'ill'.;; Cnpenhngeii uibles s 1,",, i,eik I. 10. mnrks. I lil The I'inti'iil Kunipi'liti 'M'liangi's weie nii.. I! nek was 7 10. Kuiniiiiia, 1 17. ISilgiiiia, 1 .'il . Austtni. 'J7 . Iliiiigurj, 'is, I'liland. Ki VBRTKIUi.W 8 FINAL QCOTATtn.N'S S'erllnit Kranca Dfninnd H '."N helped to ileptess the nearby montns. Free.ing wen I her over the Went induced liujlng thiiiugii i oiiiinission Iiourci I.iftle fiesh .ii tiinl export business was reutei. int foreign buyers continued to si."" inieiist in new crop wheat Aftei ihe 'loe it was estiniRted that ."(KI.Olin bushels mostly new crop, had lieei, tnkm tor eiull. '1'he newH from Argeiituia wns 1 tn i-h . shipments for the .ik being estimated nf 3,70t).IMMI llllsiiels. ('inn also win eriatic, but trade was miisllv in small lots. There wan fairly giiml siii,ort on dips and tin dose was linn liiiln atiotis pointed to 'glue ex poti business at the seaboard. The (iiuuti) showed mi disposition to oiler at iinieiit liM'ls, and rceeipLs were light The nun lo t was helped also bj piedielioris of a smaller ureti. (hits followed the other giains. tinisliing tinner on light receipts anil lepruts of n better shipping demand. Hpen Midi Low C lohe i .in i.:m4 i.S4- i ii I It", I 1.1'j 1 ll'i 1 l.t Decamner January Jlaren Hid 1r loua t'loae Open 11 SI 11 7r, 12 :7 12 2.". 12 III 12 Hf. 13.22 lfl.lll 18 82 IS 18'P22 K) 45 1S .12 12 3o p m tl US 12 '.'1 12 : 34Ti 34TS U MY SlU-li, 10,1 Kl Stor..l(lB(, 104 10 . U 10r1 Lake Sup S 7'-', 7K 7-t llISI,eh Nav. .! (U? QIK a, JOLeh Vnl.. 40'i -W wy i. 350tMldvnle. 27 UltLj L'd.'i" 7 2740 I'ii It It. 34 U. MK 31 a Wh. h' -Mav Juh I'ei n Mm Jul ruin .:i JuU rnrx Ma Juli 1 ar.i -Mhv Jul iini Me Juli 7 11 .ir., CluHdars I 27 .11.110. tanlia 3 OS1. 7 III I 2U .14 00 TurJAYC fil'BNINfl yt f IT AT ION H stt llnff l'rancs Lire liuildem .1 ll'J. 7 If, I VI'k il 1.71) 3.H3 7 111 4 II 34 75 Mi. is- l;rOT.1 1'i.NN Mirrllnk' rratu i l.irt. Omlilera I III V, 7 11 4 Ml', .1 '." 7 1.' 4 314 l I.OSlNli Qt'llTA 1 IUNS siiiUnR I'rm.cB tire f,iji ilera a at i; 7 'i'i i '14 a 4 nn t ll'J1, 7 11 i in 14 70 J.in' dMC iinrand ' ablea . mar.d t.l s Flaxseed I ill ti t Ii Minn . Apnl 7 a track and to arrive, jj.40 iikedl July. 1.68. aKl. , riaipfcrt on tUy. tl.ol. .17 3S', I, ill j I4'4 37N. .Slllk .Vt ' 37 III!', Hi'. 37 's .'10' k 1" , :i m to HI III 2.1 10 70 n (in 10 11.1 in in 10.30 (I 4ft I SI) tn flu Hi sn in l.i in .if. It .10 ti 'in COTTON MARKET New Wh, April 7 Wall street nnd spot houses were chief i-ellers here nt the opening thin morning, while the hujing was light nnd confined mostly tn room traders At the end of the first fifteen minuter, the undertone was a little steadier on covering, with prices nln.nr .r iinlntH miller last nlcht'n close. 'Iheie uh vit little disposition to trade cxtcnsivel;. in the early ufternoon, pending further newH from abroad. The eenlng up of a few acattered short lines rallied prices about Id points niter Jul bad wld off to 12.10. Reports of nn improved demand for cotton goods front" the Orient and .South America naile a illftinetb favorable Impression, although they wern overshadowed for the, niotfc-vnt by the English labor MONEY-LENDING RATES NEW Mlllh -lunev nn rail. Iioth ilaaaes nf collateral aiu-o. I imlay ut S4 per cent fr lnnilliiv: at J riii''w-linr The time in ni. murln t won exitenisi. HUlet 'odo HiM oniv bualness lielni: n few renewale ficm l i i.. nlnet ilass in , tn 7 per i,n' riii hs no dlHPunlt mi Ii the Htieet in borrow lime money wlili the pieavnt aa inn in the call mnrl.ft All Induttrtal rri'n(i was ouoted t '14 Hi UN per rvnt nml inlxe.I rollnterHl money , iiuoterl at fruln il4 to U4 pel ccn' All IJlrty Ilomla mono leinuln nt tl per cent Acoplnno. Line uro unchnnveil at (torn f,4 in (1 Dr . eni with a falrlv HUbmnntlai volume of tiaiiaiirtlotis belnir reported n uua atatBil itm ih ilemanit for hllla from the Interior mil Increased eornehnt ilunns ihe laat two n 'hre dava tomnuiMiil laper waa quoted at around 7 4 pr i.nt fur the heat names nnd 7', per tent r.e otnra The buving or loinnmr ilal papers iidd 'tarxelj conaned tu lountiv tj.inUs I'llll-lin.l'lll- Call Pr cmt time fl per cm i i.inune clal paper three to atv ment ha fl i r ieiii Note-Thene ai merely nnmlr.nl ,UOU tlons the leal i.uc uf Iniereat in the a'atc nf I'enn-1 anui lieinr flxed at n per cent riua premium and inmmlastoti lime montv for thirty and nlnet, ilaja. I louned ai S t" h4 per cent while commercial paper, from thirty lo iilnitv daya Is loaned at H o S4 per cent Bank of England Statement Ijmiloii, April 7 The weekly atatement of of the Hank nf Kniland ahowa the followloa chansea Total reaerve Increased IflSU.ooo circulation dec reaaed (AMl.unu bullion de creaaed I'M other ivecurlllee Increaaeil (1 ns nnn mhr rferwittlta InrreRaed 111 II7H.00'). public deponlia decreaaed 1 1..152.O0fl notei re ere Incr.annl CUttl.iHIO, sovernmeni ae curitle Ir.vreaaed tt, 0ft 1.000 Th proppr ilon of Ihe b.inl, s reaerve to liability thla week la 12 07 laat week It waa 12 27 per cent. Hale "f diarount, 7 per cent French Dank Statement I'aria, April 7 -The weekly atatement nt Ihe H.ink of I'ranea ahowa the follow me chamea Gold in hand Increaaeil 4in Ontif allver In hand Increaaeil flStl.OOOfnolea In circulation Incroaaed 2ft0HI0 00rif, treaa ury dapoalla Iwreaaeil S,HI3 000f rjaneral dapoalla riecreaaed 10.041, OOOf, bllla dla counted Increaaeil SOO.BnU, OOOf j advancea In rreaaed A3, 341) 00or. advancea tu the atate amounted to 20O.O0O.OO0f Trade Inactive on Paris Bourse 11 Philn Co cum pf. 32-i 033 Phil Klec 21 85 do pref.. 20 20 P It T.. UVk 270 Ton Ilel. 1A 200 Ton Mln Irf, HIS V C, I... 33. ."() do pref l!l's 32' . 32, ij 21 N 2111,- 2(1 2(1 . . Ill', Hi A 33 1,17 1'- 'h If5- , 33 - L. 'Ill's . Heaver Hoard Sa (Jan Nat Ity 7a Copper Export Ha 1022.. Copper Kxport Ha 1H23. . Copper Kxport 8s 1H25... Cons (Jae fia . . . . . Onlom 7s Grand Trunk 04 a Kennocutt 7s ... . Sears Roebuck 7s 1021.. Bolvav Bs Stand Oil N Y 7a 102n. . Stand Oil N r 7 1921). . 0 1004 100 IIH4 VII 100 II 3 W.14 BO. tiu; 102 102',; IIUU uu 11104 iou 11)11 102'i 424 D74 70 inn'; 100 4 no Inn H.I4 034 no' 1)04 (I ll N N I I n 1174 1134 70 Inoi, 101) I'll Hi nn ino D.l, v.i4 B04 nn 4 10114 1014 1024 ft AMERICAN WOOLEN TpHE leading factor in the woolen industry, with its world-wide selling - organization and capable management, is discussed in a timely analysis in the new pocket edition of The InveiUr's Review. B. & O., Am. Tel. Se Tel., Texas Co. and several others are commented on. At your rtjutil, we will ti pltaui It nijyeu tht hwi. 130 So. 15th Street Philadelphia Locuit 5181 Rice 5196 n $Qtf3 Mimitn ifPAila. Stcci Ex. West Phila. Office: 7 So. 52nd St. Belmont 539 1812 THE 1921 PENNSYLVANIA COMPANY for Insurances on Lives and Granting Annuities TRUST AND SAFE DEPOSIT COMPANY Capital and Surplus $7,000,000 Member Federal Reserve System IIKO.M) STRF.irr onirK. Chestnut and Juniper Mrefls 517 Chestnut Street Philadelphia Financial Briefs The overate price of twenty active In duatrlal stocks advanced 0.42 per tent ea terday. to 7tl.tl, while twenty ralltoada ud. vanced 0 II) per cent to 70.88. The Dank of Kngland minimum rate nf discount remains unchanged at 7 per cent. Tho readjustment plan of the doodles r lire nnn iiuDoor lo la expccleii to be de clared operative early next week. Ii Is I'nderatocsl that an overwhelming number of aaaenta hue been recehed. Duluth and Superior Traction common flock changed hands ut tho New York Mock t-xchanje yesterday for the tlret time In eleven years. Two hundred ahares were aoldat 18. T(ie ranco In 1010 won 704 to 1 2. The Republic llallwav and Light Co. re ported a net Incomo for tho ear ended De celltlier .11 ctflar snP ...ul -. 713.138, equal, after allow Inir (1 por cent on tho preferred stock of tlm company, to II IH a snaro earned nn the in viin nnn ..m I J1"0",.?.11" -omPirfd to Jl.Sfl a share earned '."..i0.'.".: 'font and loss surplus stood at (377,41V. against J463.00S. Net earnings of thA ttniieH itiui.. ,... trial Alcollol Co for the year ended lie. A High-Grade Investment At a Cost of $250 Dividend-paying New York Stock Hxchango Securities, th.it will return a splendid income, and should also show a decided increase in their market value. The details will bo fjladly sent you upon request. Alan A. Alexander & Co. STOCKS and BONDS COLONIAL TRUST BLDG., PHILADELPHIA Urj.i Hum I07(l Hell! l-ocuat naiO-l-l-S-li ltranch Offlre. Ilrlilgrlnn, N. J. common stock. Thla compared with J17 ill a ahare earned on the uerage amount out. atandlng In 1010 when tha.t.wk L "in" creased from J12, 000,000 to S24.O0O.OOI). loaeph 11 Montgomery waa elected aecre tary and treasurer of the Columbia Awnua Trust Co . following the re.lgnatlon of Vi" Hunt Ai v&riiit Oornora of the I'hlladelphla 8tnr (.;, chansH haa ruled that the minimum ruin mlaalon charge of It on any trumactlon iloea nut apply In the cane of transactions In Liberty Bonds and Victory Notea ,u"" '" Joseph B Jlorley has been elected mm lr of the I'hlladelphla Shock i;,on?1B"e m',m, gether, with Alexander C Wood, Jr Jaini. Warnock. Jr . and II. Be llavcn Vox Mr llorlev will tala oer the Investment builriVs, "' harlea Fearorr & Co with a partner,hi under tho tlrm name of Morle Wood t.Set ihnngn made bv cornparlaon ut-n last L. i'nr """ ,,'"' 'laled December 31 MkeiK aaiu on New York Stock nxchange Oil Co leporta net earnings aft-r operatii r.yviiarn niiu inciueniai iqaea of II Mlrt 'Mia fiom which . 417.03.1 waa set up ai a "re aer for development, depletion and depiec a Ion leaving net Income of 1 17H 272 iqiil t 11 cents a share tpar 110) earnud on th IIS 000.000 capital stock. "" 'i the rilIUl)Kl.l'lll. IIONDS C000O Libi-rty :!,, j,n in .I.VK1 Liberty LM 44s S7'r,' 'J,",00() Liberty 2d 4 '4s S7'fi7 1000 Liberty LM -hv'" S77tt 3;i(KK) Liberty 3d 4H Iota M)'.M 1000 Liberty il 4Vi w' si uikiii Liberty ;irt 4'4n !MI 8S J(KK) Ubertv -tti 'P.h s: itn .',',00 Liberty 4tli 4, 87 TiS .'1000 Liberty 4th 4',i8 sv'ns 2000 Liberty 4th 4U S7's' '-'MOO Liberty 4th 4,s. (Hi Lioerty ith 4V4S. 1S0O0 Victory I'-ils.. .'1(100 Hell Telephonu "n. M00 Hell Telephone 7n. "i00 Hell Teleplionn 7s. 2000 rity 4s 10118 ,'tOOO Electric & People's 4k... (rOOO Pcnnsylvanitt 0M., . . , ntH 1000 iln fiOO tlo HKH) Phila Klec 1st ."1 1000 Ho S7.!iil lots ri7.!)ll lots n . no lom o;t'. .lota I0.'.V. .... toni. niJ nnvl mi 8:1 it S3'.'. BANK CLEARINGS Hank claarlnga today compared with cor reiiondlnK dav laat two yeara 1021 1020 into rhlla i,3o.nn 8,87.i,onn h 22 .lis Bolton 4B,7D8,081 52,002,732 II I2l'02n N Y CO0.fi80.001 61 1.507.700 I17B .'.111 nn Chlcngu 70.1)03, 401 n7,02J,0lll itarimnro i:i,Nti7.an.', tti.iinii.ovH St. l.'iula 23.2fll.IHI 27 440,187 Prim,. Cloveraeed Tnlrdn I).. Anrll 7 lloieraied raan. m.'u 11- .3. April iii.ao tictob-r m Alalke -rrlmo, cash, 1020 114.15. Tltnnth Trims, raah. 1B1R 12 50 mill I'J.ilO. in "n nn.l April. 12 03 May. 12.70. HepttmbVr $3,10. Drop In Chilean Exchange M.ine In circulation In the I'n ted stale ih 11101)3.500.080 compared with Ift 111 1 3JD472 a ear ago. This would mie ,i,i, of Ihe 107.Ort8.000 persona UH tlo on An fi '."A".!.1; .!,"!,B,.","t ,ear "tn l'on woul, Reserve Banks' Discount Rates Official redlacntinl ratea at thi 'wehe I'eil rral Ileaene banks aie as fnlloua jreaa, 1,111 1 0m I llkr. Honda Paier Accept 'I B'. ctfa. llon.l lloaton 51! H New York II II Philadelphia til 5', Cleveland (1 fi Illchmnnd 11 11 At hi lit, 1 II .V, I hli.iun . II II St Lima . , II 51, Minneapolis . . . Mj 11 Kan.iaa Cny .HI 11 Dallas II 0 Kan l-'ranclaco . II n Am. Tel. & Tel. Chandler Motors U. S. Ind. Alcohol Three itoclci paying dividend with splendid yields nt present pricei. St. Paul Preferred Shares The outstanding railroad stock among speculative issues. Two sprrlal Irllrtu oil thrsr stor'.'-. alonu it'ilfi tiitiittctil rctoits siiU upon tequfst Write for 1'itc Coplci Smith, Red path & Co. Members PbiltdelphU Stock Exchsnje 1524 Walnut Street PHILADELPHIA rimnei Spruce GftftO yjut-j- iiiiiiiiiimi..,.,,,.,, $100 Denomination Bond Secured Gold Notes (Short 11 ml long (erm in.itnrltle.l of im.lonally r'ccognlred Puhllo I tlllty Companies. Uncommon eai-nlngn coverlnR a jvrlocl of yours. t'nqucstloitnhln rqulllos ami security thoroiiBhly wife ,'iiarftlnK c.ipllal Invested. $500 tuna JI00O Notca of thesi itwiics niHO available. Price to yield 8V2 Circulars S V on rcijur.il Fairman & Company Drexel Building, Philn. V INliibllsheil 100: P A. H. Bickmore & Co. I 1 1 1 Broadway, New York I I iffi Y M lj We Offer City of Detroit 5s 1926 to yield about Sun Oil 7's 1931 ' eW 7.65','. WlDCNCft DLCQhPHIUDILPHU Mtmbn pAiiaJrftkiJ an l'tv bik btotk kufaxftt WIW101M lUUinH. N I WILL PAY 83 for Danville, Urbana & Champ. Ss, 1923 61 12 for Bronx Gas & Elec. 5s, 1960 Will Sell 25 Shares at 34! Penna. Coal & Coke Stock Louis Levinson 27 William ml, New Vork Telephone: llro.iil 1031 'C'l.ciunt raia corn amino. ,.iih .... n.te borno bv certificates pledged aa ioi.ui er.i with minimum of 3 per lent In -hi. ,,, o! i-hail'u'dVipLh'i'uy an'1 M' "" "'ll ln ,he United States Treasury Certificates tin .Maturing Itate Date Mas HI. 1021 t'R'i June 15. IIUI t0 .1 une. 16, 1021 '.Va JilH 15 IIUI .H Aug 111. Ki'Jl 5'l Hopl 15. lOi'l I'll Sepl 15. 10al 5. Oct 15 1021 Mil Dei 15 nut t'fi March 15 W2: Hid 10U ion mi! j, ion 100,', ion lonA I till Akkeit yield mo urn oo f, t)i),V loo'f loo.i. 1HIIA, joot; HO a 1 00 A i no 5 05 5 0(1 5 21 5 .III :. 3o r. 25 .'. ir. ". 511 . 05 only Henllaro. Rhlla Anrll 7 Kirhin.. Iindon closed at 7T4 pence eai.tdn. ,v,i. I'aria. April 7 Trading waa lnartls on being the lowest quotation alnce iou Th.. rtourae today Three percent rentes 57f ICx. ellar waa quoted nt 7 pesos 00 lentavna ,.V4. - . .a ,11 AT. L'lK u.n (A.., I TIlM fall In AVflhancrA n.BH mnii. . . cnange on ioii .., . . .. ," 1'..; , ""-,. " " "7". im m o, nue loans S3I 85c Tin dollar was Quoted at 13t to the general commercial crisis and the 7cfc ,.--.., la at Uemiod Ut ultratts. from normal federal Incotnii tR t ArmttlaKIa .. . du; on date of' mat'urlty ' 'nCn"' '" Belfllum to Buy Argentine Wool llruaaels, April 7 Negotiation. .... T H..I --....-,, Argentina inn iteiin lean wool, hae terminated with the form.. foT'iment aiilhorlilnR Ihe ArgcnTln." vr llonal Hank to allow two sear.' . i. ii. " such ahlniiunis Arr.,n,,?.?V .'"'It on L0,ro iSdi0' ,h" ''niW. JiK!JS PARIS-ORLEANS Railroad Company 6 Bonds Due 1956 Price l)4 00 tier 1000 Pranca nt the preaent Ko.eA' hi?"KB vnlc,l "ould bs worth tlOS.CO at the normal rats ot eicliing." VMXVIVAI, AND 1.VTEHE8Y aUARIM ruiiD m- tub 1'iir.Nvii GovKnmr' EDWARD L0VBER ST0XES renilier I'ltlla. block Exchunge TO H. 1STII ST. LOCUST 341 STUDEBAKER ICxcellcnt sliowinj,' indicate, lucl' er IcvcIh. Analyzed in our lineit ment Suroy No. (MB. Also ask for our 20-I'aymont Booklet, PO. Scott& Stump Investment Securities M'KCIAI.ISTM IN OlID LOTS Stock Exchange Bldf . 40 Exchsnjs TL Philadelphia New York locust 0480-5 llmml 1331.1 A Modem Banking House L,0Uf,r-n!.V.'f,"1 ,na !'t'df'' quarters wa KnklnTCn?.-. " Ue ou c"'""'" Union N.ilional Bank 'When AriU Street Clowes 7ilrd" IN PHILADELPHIA Liberty Bonds Bought and Sold Edward B.Smith & Co IHHULIBIItU Wi Uetnbors New York and rhlladalpbls Block Kxchangea 1111 CHUSTNUT STIIEET 1'IIILADULPUIA Moore, Swartz, Hindle & Clark ACCOUNTANTS Income Tax Coil Systems Audits Norm. 1777 IICU1I UHJtJt 7 f, 'bi'ivlfS'.4i&. 'I. Vi,aBSSSSXrlBaMiwiM.iii't i '' " .Tk' . .M V ' i .itJri,yw-iiHl . i , -. ,icA'(,. .Ht,U4km. u),,la,ttmtmi&l fctSIScaJuMhtAArjei ArfJiV' i . WU HHK&J2ygK I. . j j j -Jl!m. ... m.i h.. I .yJ-Jj-ifJ-iir
Significant historical Pennsylvania newspapers