'' Jittfvi 'jitoi,t'.i-jw'i iu
V " - J " '" '' '
lye -.
,,JPtf?!"" ' ' 4"? '1" !5iTX'v"v' " " j5 '. A i-J vn"iVtI
I
ALL POOL ISSUES
GIVEN Bl BOOST
Weok's Events Presented Con-
lr itn!nir Tnotlmnnu nf Prntr.'
ress on Constructive Side
Ner York, April "0. Tho outRtand-
' lug fcaturo of today's 6rief session In
the stock market was the renewed pool
activities In tho motor stocks and motor!
accessories, especially the shares of tho
tire companies. Prices In these two
croups wero marked up from one to over
five points with the most flagrant ma
nipulation witnessed for considerable
long time.
Movement of the general Jlst was
marked by tho Mine conflicting Irregu
larity manifested In tho preceding ses
sion. Another crack was made nt th
oil and steel shares at tho opening, but
the overwhelming strength and buoy
ancy of the motor, shares and their uc
ccdsorlcs quickly turned tho tide and be
fore the end of the first hour the Whole
nt hearin to climb. I3xccntinK the
fnr.lpments' and some pool specialties?
. a 1. T. .11.1 K A. aaa Id A tl UAAfMllhL I
tne mariiei mu nut puum- uim-u iimunnj,
although there wni n (drilling rebound
in tho oils and steels which had been
under pressure nt the opening.
The ovcreaijcrnesH of tho pools dis
played through the rnpld upturn In
prices Invited free proilt-Uklng in the
fast half hour of the trnding, which, in
turn, cut down n considerable part of
the earlier Improvement.
The week's cients and developments
mpplicd the same curious mixtmt of
good nnd bad. Despite tills conflicting
mrface influence, it was quite evident,
oven to nn inexperienced layman, of tho
market having renched a Juncture
wheicln the line of least resistance was
erifountercd in tho forward swings.
This would hardly warrant the impll
(ntinn of n mnjor forward movement
having started. It docs suggest thu
market, fundamentally, is getting in
good shape. Tho usunl preliminary
Kkirmlshes of renewed pool activities
was plninly In evidence not in ono
but in many quarters of tho list, but
men window dressing is common ex
perience In the npproncuing turn or nt
the turning point of tho tide of market
MllllCS,
It Is still a market under the com
plete domination of the professional ele
ment in consequence of' the continued
low ebb of outside inlcroet. With the
power of the constructive side nppav
entlv in ascendancy as tho week's de
velopments quite plainly demonstrated,
the bear party, with its long list of
victories, had obviously lost its- grip
on the market. At least such a conten
tion 'was suggested in tiio short-lived
reactions cm tho one hand nnd tho In
creasing recuperative power dlsplujcd
bj the entire list when- pressure re
laxed on the other Iiunrt.x
When n deeper nnnlysis is made of
t'le general situation there is much of
nn encouraging nature to bo found.
Many of these elements have not stiflt
i icntly cryMnllizod nR to become dis
cernible on the surface, yet indirectly
their Influence is nlrcndy felt mnrket
wise and finds reflection in the current
level of quotations. Confirmation of
such an argument is presented partly in
Hie average level of the twenty active
industrial stocks, which nt the moment
stands ocer 1" points above the low
water mark made in December nnd
within 11 points of the peak of Inst
jor. Tho rail", however, are only u
little over 2 points nbovo their bot
tom level of the year. From this there
would be the uaturn! inference of the
adverse side of the Industrial sldo of
the situation having passed. That this
is true, is corroborated in the recent
finressions of mam of the acknowl
edged cxpcit economists nnd members of.
I'reslilcnt h ciDinui wno nave necn mail
ing long-riiMnuce nnd close views of the
industrial situation. Secretary Hoo
'ii In a recent speech (-aid while our
industrial recovery may be slower than
nine expect, nothing can prevent the
piosperity of n coiintiv whero people
have enlightenment, v. I'll to work, wish
'o produce! ami wish to do right by their
neighbors. "I am convinced," he said,
"that we have fundamentally turned
the corner."
P. R. T. RUNS OFF
DESPITE WAGE CUT
Growing Belief That Worst of
Transportation Situation
Has Been Seen
Price changes in the local market
jere mixed Trnding was fairly nrtivn
for the half holiday, bin the market no
ticeably lacked initiative, Pennsylvania
Iiallrond again displayed a much tinner
tone and was In lnlrlv mod demand at
8!. On the other hand, warrants for
tne new Philadelphia i;ieetrli preferred
nock continued freely offered at
Moderate selling of the common
nock carried it to 'the low of the wee
at -I'd. niectrlc Storage Battery madu
u quick rally to 1171',, or !. points
udovc lust night's nnal price, tiut near
the closing fell back to 110 .Philadel
phia Itnnid Transit iiclcd ilisnnnolnt-
ingly and jielded to 171 1 despite tli9
voluntary acceptance of the wage cut
l the trollcymcn. It Is estimated that
itie reduction will effect an annual sav
ing to thii company of approximately
$1 ..'00,000. Union Traction was un
changed at :io7H.
To the Investors the week's lending
envelopment, the cutting of the Penn
sylvania Railroad dividend, was n end
bit of news. 1'speeially wiib it so to
'he legion of Plilladelpluans who
alicady had been their income unpleu-jnntlj-
shrink in (he splittlug of tho
I uited Gas Improvement dividend.
The incident, however, served to bring
not onl) iincslors. but the public nt
'urge to a stern realization of the big
battle confronting railroad managers
in making both ends meet. No more
forcible illustration nf the plight of the
Olintrv's trnnsnnrtnHmi i-nnltl liarn
been presented nor n wider advertise -nient
of their impoverished condition. It
presents. It Is true, n most dNmnl pic
ture, but some degree of consolation Is
derived from the knowledge' that It rep
resents )ast rather than future condi
tions, Kvldence, circumstantial and
direct, already points to a rapid over
coming of ninny of the problems di
rectly responsible for the semi-col-'apse
of the transportation industry.
There Is yet much to be accomplished,
but as the situation is generally ac-
nuwiviigeu to lie wen in Hand, tho Mil.
mate results am almost certain to be
'atisfactory.
Responsible Interests who hnvo made
cloc study of the ruilroud situation
"Rard tho changes in dividend policy
2ik ,cmlnrn-'.v. and within a year,
with conditions brought back nearer to
normal basis, It Is believed railroad
niawigprfl v,m k0 h((, thplr way clear
to restnro the htimdnrdls'.ntion which
mau) nf the railroad securities hereto
tore lime enjo)cit
Hamburq-Amerlcan Ouats Stlnnea
HtlSuS'l'' A.pr.! SO,-At lli meeilnir of
d'Si.il,?iUf I. "' IlibnrK-Ainerlcn Lliw a
Srm.,"1 " Vfr nt fr 111(11.1021 WHS IIP
Sue ?2 mL1',"'! Whilleo. vvlm'waa rejected,
ciJiiwIik! '2c'.iUlM ! established
ccSuit nih?".'!"1 .Anwriean, Hup . without
"nsuitinir the llambuig-Amerlcrin Co.
EVENING PUBLIC MSDGER PHILADELPHIA, SATURDAY, APRIL 30, 1921
17
NEW YORK STOCK EXCHANGE TRANSACTIONS
.
Sale
900
1300
too
?S00
100
290
1300
100
SOO
89fr
2100
0O
1200
400
100
0300
A00
3100
3100
200
2000
it 00
600
200
100
100
1200
300
2500
2000
6800
100
100
200
800
100
400
6000
200
2600
MOO
20
Dlv.
In mM lllch
.. ArUmn Express 41?,
Ajx Rubber 38H
.. Alaska Qdld Minos... Ji
4 Allied Chcm ft Dye... 44 Ji
1 Allied Chem & Dye pf 88
4 Allls-Chnlmers 3Jj
a Am Agrlo Chem 47 Vi
Am Unnk N'oto Al
.. Am Beet Sugar 38
8 Am Bosch Magneto... 02
Am Can
12 Am car & Fdy 137
.. Am Hide & Leather.. 11 JJ
Am Hldo & Leather pf40
o Am Ico pf 65
Am Intermit Corn 4814
-nm-iua France Eng.
3 Am Linseed
6 Am Locomotive
11
48
00
T Am Locomotive dC. ...1044
Am Snfoty Ilnor Cya
.Am Ship & com B&
4 Am Smelt ft Bef 43H
' Am Smelt & nor pf . . . 78
0 Am Smelt Sco A CO
3 Am Steel Foundries.. SOU
8 Am Sumatra Tob ... iyz
0 Am Tel & Tel 107H
12 Am Tobacco 13114
IS Am Tobacco B.t 120H
7 Am Woolen 80?S
.. Am Writing Paper pf. 33H
.. Am Zinc Lead & Smlt OH
0 Am Zinc & Lead pf... 2H
Anaconda Copper .... 41
4 Assor Dry Goods 31
Atch Top & Santn Fo. 81 Ji
10 Atlantic Oulf & Wi.. 38J4
Atl Oulf & W I S S pf 84
.. Atlantic Pet 23?1
7 Bnldwln Locomotive.-. 01
.. Ilfimmnr it rhtf.
300 2.AO nnrnnrinlA fin.. T
t09 llMMohBrn Clfnl
6 Bethlehem Steel b!!
.. Brklvn nanld TrnnRlt 12l
. . Brklyn n T ctfs of dep 7
10 Burns Bros 09
.. Butte Topper & Zinc. A
.. Butto & Superior Cop. 13J
.. Caddo Central O & It. 17i
0 California Packing . . . Ao
.. California Petroleum . 47
7 California Potrol pf.. 50
2 Cal Zinc & Lead AiJ
10 Canadian Paclflo ....111 '4
.. Central Leather 37Vi
' 7 Cent Leather pf .... 75
2 Cerro de Pasco 29
10 Chandler Motors 80
4 Chesapcnko & Ohio... 624
. . Chicago & Great West J ?i
2A0O
200'
100
100
100
2)0
000
2U0
3000
100
600
8)0
1000
400
900
12(00
300
100
700
603
too
600
300
1400
310
900
400
100
1800
200
100
4400
300
A00
31 Va
37
A7'j
0J,
-iucag-o aiii ssir,,, J'2
.. Chicago Mil & St T pf 41 H
8 Chi Pneumatic Tool.. 63
.. Chi n I ft Pao
7 Chi R I ft pao 7 pf.
. . Chllo Coppor
. . Clilno Copper
. . Coca-Cola
3 Colorado Fuel & Iron.
a Colum Gas ft Elba. . . .
. . Col Qrnphophono ....
7 ConsgJldated Clear ..
7 Consolidated Ons . . . .
. Consolidated Textiles.
. . Continental candy . , .
4 Corn Products Ref . . .
AOOOs.bo Cosden ft Co
3000 8 Crucible Steel
i Cuban Amer Sugar...
i Cuban Cane Sugar...
1 Dome Mines
S Endlcott-Johnson ....
7 Endlcott-Johnson pf .
. Krle
. Erie let pf
H Famous Players L....
8 Famous Players L pf.
. Flsk Rubber
. Freeport Texas
. General Asphalt
8 General Electric
1 Genoral Motors .
0 Goodrich B F. . .
7 Goodrich B V pf .
1100
400
600
0400
100
400
100
10'JO
3)0
6500
3)0
6200
100
32300
4800
ICO
200
100
100
100
too
100
700
8700
201)
300
200
400
304
SOT
300
2200
410(1
700
100
8
73
115
2H
30 K
31 4
GO
8'
43l
87
20 j
l!4
UK
,;;
22 Vi
194
20'a
fiy
05
13
19
so?;
89
1814
14H
13734
J4ii
43 H
79
Granby Consol M ft M 2t
7 Great Northern pf. ... 71
4 Gt North Oro ctfs.... 3tl
. . Greene Cannnea Cop. 25
.. Gulf State Steel 31
. . Hendce ctfs 22 !
.. Houston Oil 8214
1 Hupp Motor Car tfift
7 Illinois Central 01
.. Interb Con Corp..... 4H
.. Inter Con Corp pf.... 12fi
.. Int Mer Marino 1(34
e Int Mer Marino pf. . .. St
0 Gen Motors deb 6.. . CO
. . Inspiration Con Cop.. 30
. . Internat Motortruck.. 41
. . International Nickel... I6',J
. . International Paper.. 03i
0 Inter Paper pf stpd.. t'lH
IOW
4014
3114
;
m
8814
3714
47
n
37 3s
con
son
127
1114
mi
65
47
10J4
46
89
I0IK
634
oVi
43 i
1754
69
30t
?0'2
10714
12134
120 34
1834
33J4
9 34
28
4034
34
8114
37 K
3314
2334
80 J
3034
27
itVt
A03i
12
7
90
A
H34
"
59
(6t4
70
H
ill
37
?43i
2814
83 Va
UK
734
20'
41
C3
2714
53'j
11
3411
3(li4
31
A9'j
mi
87
l'i
Hi
7434
i'lli
fOH
22 U
19
20
14
95
13J4
19
79
8834
17 !i
UA
7U4
12634
13H
2034
7i
21
71
30
25
34
W14
81
!4
91
4 34
1234
U'a
r,3K
68
3574
3834
1A34
0314
r H
Tidsy's Nft
I'lodo CliKA.
414 U
3714
'a .
41 -884
37J4
47 -il'i-374-0014
3IK4
14
Va
34
H
I
V,
3
127 - 1
1134
m
05
VA
11 J
40J4 89
104J4-
034
014
(334
JJ34-
69
3014-
ll'j
10734
12134
12034 134
7834 14
3314- Va
34 14
282
i ?4
31
81J4
38
34
tulcs
22 d
3100
500
300
8)0
30300
140
400
14500
700
100
1600
100
300
3000
300
200
100
1000
15000
400
TJIf.
" HlKli
.. Invincible Oil Corp.., 2014
., Island OH ,... 414
. , Jewel Wa 10J
.. Jewel Tea pf 2714
. . Kansas City Southern 2034
4 Kolly-Sprlnsffeld Tire. A334
. . Kelsey Wheel A7
.. Kennccott Copper ... 2034
.. Keystone T & It 17J4
0 Lackatrar.na Slcel ... 84
.. Lake Erloft West.... 10 J(
2 Loe Rubber Tire 29J4
7 Liggett ft Myers pt.,.102
.. Lima Locomotive .... 77'4
2 Ijoewo Co '. .. 10 ji
12 Lorlltard Tobacco ...147
10 Mnnntt Suear 68
.. Maxwell Motor ctfs. . . 2(4
.. Max Chal WI 1514
IS Mexican Petroleum ..14814
2 Miami CoDDer 2314
today's Nt
Iw Clow CtlKff,
1014T3 20'4 V
23 34-
893J-
b654 ,
2)
W4
6014
13 -7
-
00
133T
WA
50
(714
77
554
111 -
37U
75
2814
85 6134
734-
2514 f
4134 r
C3 -
2714
7334 1134
24
30"j-
M4
3 I
87
2034 V
Wa .
7414
414
K14
22 !i
1014
20
7
95
13
10 -70
-89
17.34
-
13034
14
34
V!4
14
3800J.60 Mlddlo States Corp... 1A
200 .. Mldvalo Stoel ft Ord. 2834
100 .. Missouri Pnclflo 18U
100 .. Missouri raclflo pf... 3734
'JI00 .. Montgomery Ward .. 3.7
100 .. MulllnB Body 24
100 7 National Biscuit 11734
100 7 Nat Cloak ft Suit pf.. 7614
A00 a New York Central....
100 2.60 New York Dock.
34
34
14
'(
J4
n
Va
l!4
Va
14
la
34
Va
34
V2
i
Va
'34
'4
114
600
1000
600
300
400
200
200
1500
3500
8)0
3700
300
201)
900
300
400
37503
103
2O0.)
600
500
200
7J3
. 60)
5100
200
400
000
1900
2100
New York N H ft H..
7 Northern Paclflo
.40 Okla Prod & Ref
. . Ontario Silver Mining
2 Orpheum Circuit ....
.. Otis Stoel ,
.. Paclflo Dovel Corp...
Paclfta Oil
6934
3234
17
7Atf
334
Va
2914
1354
1434
38
0 Pan-Amcr Petrol ....70?4
0 Pan-Amer B (234
2 Pennsylvania H It.. . 3IJ4
.. Pcnn Seaboard Steel. 11 Va
.. Peoples Gns Chicago. 4714
. . Pcre Marquette 18)4
.. Phllllps-Jones AOyj
. . Phillips Pot 28
.. Plcrcc-Arrow Motor.. 4014
8 Plerce-Arrow pf 80
.. Pierce Oil 1094
8 Plerca Oil pf 71
. . Pittsburgh ft W Va. . . 28
8 Pressed Stoel 'Car. .. . 8814
4 Pure Oil 3AJ4
.. Ray con Copper 13J4
4 Rending 7314
2 Reading 1st pf 0J4
Remington Typewriter 34
. . Replo Steel
4 Republic Motors
O Republic Iron ft Stoel.
5100 B.20 Royal Dutch NY...
-I Va
41
70
21
71
30
35
34
22JA-
8134-
1AJ4 IH
01 -
434
1234-
1414
36
(0
10
02J4--1234-
Tntitl n"ii. 631,200 harw, compared with 1,101, SftO hiro
100
700
330
3)0
200
A30.I
200
400
10A
A00
100
390
10)
1100
7830
20U
10)3
2800
37310
030
300)
11637
23 ID
700
2100
530
890
2 Oil
700
230
1431
209
3109
12330
100
14203
109
4230
8)3
O700
3100
300
100
100
300
230
loo
5(00
100
(10U
1880)
3)0
too
2S30
sniterdiv,
4J
IVa
Va
14
Va
A
Va
34
IV.
tn
St Josenh Lead
.. St Louis San Fran....
. . St Louis Southwest pt
.. Santa Cecelia Sugar..
. Savages Arms
. . Saxon Motor
. . Seaboard Air Lino. . . .
. . Scars-Roebuck
7 Sears-Roebuck pf . . .
.. Seneca Cop Corp...
. . Shattuck Arizona . .
.74 Sholl Transport ...
7 Stand Oil of N J pt
4 Stewart Warner Sp.
.. Sinclair Oil
0 Southern Paclflo . . .
.. Southern Rail
. . Stromberg Curb . . .
7 Studcbaker
.. Tcnn Cop & Chem..
3 Texas Co
.. Texas co rts,
1 Texas & Pao C & O.
0 Tobacco Products . .
i . Trans Cont Oil
. . Union Oil
10 Union Pnclfla ......
4 Union Pnclflo pf . . . .
8 United Fruit
. . United Rwy Invest pf
3 United Retail Stores.
.. USCIP4 Fdy
U S Food Products
33 Va
2154
6434
con
12
22 V,
37
334
15
. 034
. 34
,. 6034
.100
. 1014
. QVa
. 40
.108
. 3tl4
. 20J4
. 751
. 3114
. 40
. 0134
. 1014
. 40 J4
. 214
. 284
. 631S
. 1134
. 213
.HOJi
. C314
III
21 T4
6354
18
xi "2
14
14
'A
'Va
1
34 '
w
134 ,
34
34 '
14 1
8 U S Ind Alcohol 724
..US Realty & Imp 51
8 U S Rubber 7934
8 U S Rubber 1st pf... 10114
BUS Steel 8354
4 Utah Copper 54
.. Vanadium Corp 30 38
. . Va-Carollna Chcm . . 20
8 Va-Cnr CTiem pf 87 J4
. . Vlvaudou Inc 054
2 Weber & Hellbroner.. 12U
. . Wells Farso Express. 05
4 Westlng-houso E ft M. . (7!j
. . Wheeling & L E 9
4 White Motor (3),
. . White Oil Corp 161j
fi WIKon & Cor 12
.. Willys-Overland 014
.. Willys-Overland pf .. (0
Woolworth F W. . . . . 1101,
53 u
6 Wortlilngton Pump
thui fni thli" week,
"lO.flfiij nh,re
41!
27
Va
50
57
2014
101',
f3
1034
20
102
77
1814
145
68
214
i r
1(514
HM
2814
18 K
3714
2115
2(
1I7$4
76J4
6914
32 Va
1631
74
314
4U
2BJ4
1214
1434
3734
C9
HJ4
.15
10J4
47
18
50
28
33
80
I0J4
6034
28
8814
3JJ4
1334
5314
4034
3334
3134
19?4
63 Va
0714
,12
K2
36'4
54
15
6
A 34
80
too
10
614
4K
1CH
30
1.034
14'i
21 U
(234
8S34
10
(034
21a
28
tV'A
11 '4
31 '2
110
6314
110
21!;.
5334
18
20
70 V,
51
77
10114
83 Ji
33JJ
34's
20J4
85
04
1314
C5
47l
9
41"
IG'j
(2
8 34
38 H
11014
51 14
(54
I01J.114
2714 1
2034 14
60 54 14
A7 V
204 Va
n n
141
1034
.2914 '
102
77
1914
HJ4-
68
214
" IA14
14714
3314 f-
15
28M-
. 1814
3714
NEW YORK BOND SALES
Summary of Individual Transactions on Nctr York Exchange
, , tSALEM IN I10O0J
Amn Smlt'g- ftchlcsgn Ht l"i
1
14
Ui
334
..-
Va
I
14
14
'
14
H
2214H'4
24' - H
117J4
76J4
17 -
lV4
214
314 - 14
Va-
28J4-
J214-
1434-
3734
7014
-A0J4
28 -J934
80
1014-
00H-
28
8814 .
32
31
-13
32 -30",
-
2 34
15 -
614
A34-
8014-
100
1B14
6(4
4534
108
31 !4
'('
8914
10 -(0
2)4 .
2814 ,
53J4
1154 .
2154
11034
63VJ
11014-
2114
5314 -
18 4.
21 12
7114
51
7814
1015.J-
8334
64
3514
-
034 -i
12J4
65 -4714
I
43
1014
42
0 4
3014 -
"""a '
2' 4
!4
Va
Va
14
34
14
!'a
14
34
14
14
14
434
3
2
a
'
14
!4
14
14
1
34
34
'A
34
14
34
54
314
14
14
14
234
114
14
J4
'
14
'4
14
Va
114
Hi
1
114
Va
34
Vi
14
O
314
34
Ka
Vt
1H
4
3H
134
net's 0s
1 .. ..T04
S 7034
Amn T ft T clt
8 70
1 . .. 70
1 79
Amn TAT 0
1 82V
2 62
Amn T T 0s
100T
100i
100.
100
10054
10U
1005a
100i
4 lis
78 ',
Philadelphia Stocks
Net
Hllih Low Close chee.
10(1 Am Sirs.. n.'iM r,v 5514 Vi
400 ElocStor.llTVi 11C4 UVi
10 J.nKe Hup o'.u ova n,M
I I.ch Nav. or. m
2Mlnehlll.. -W 43
008 Pa It K.. .'!5s 3.r)
fi I'n Salt.. 71 71'
.10 Phila Co
cum nf.. 32
222 I'hlla Klec 2m
K do prcf.
'o"i
'.nil do war. 'k
32
21 's
2.1 ni
tV,
17",
M
1VW
30's
31
lOTs
04 I
13 1
3-)-i; rm
71(...
32 . .
21 'a-.
2.-34
FOREIGN EXCHANGE
New York, April 30. Inllueiu'cd by
BANK CLEARINGS SHRINK
17-..
54 1
31 '4 i
31 f- 'i
iot; . .
(OO I'hlla It T 1734
20 I'hilnTrnc 04
2?i0Tono Bel. 1A
135 I'n True. !ll''t
lflUfi I... 34
1 do pref.. 4D7
Total akles. 3428 sharee. tompareil with
fiSOO h(re esterday. Thua far this week.
41 009 ahnrcs.
. inmr.u'ii(A HONus
2000 Liberty 4th HiH S7.40
nwi Hell Tclenhone is 'O-'i
.1000 Cltv 4s 1042 lot b!)'5
15000 Pennsylvania OVjs.
1000 Pennsylvania O'X-s
2000 Phlla Klec an us
n brisk demand for bills, which was aid
to be chiefly speculative in chnractcr,
foreiifii exchange on the principal Eu
ropean centers, almost without excep
tion showed continued strength.
The Quotations wero:
Sterling cables S.O.'is. demand
S.II.TVh; frnnc cables 7.73's. I'hecks
7 724 ; lire cables 4.S0, rheck- 4 70B :
.Swiss cables 17.07, cheeks 17.51:
peseta cablei 13.0(1, checks 13,01;
Builder cables. 35.12y, cliecks 35.07'j ;
Stockholm cables 23.38. ohty-k', 2.1.33;
Christlania cables 15.00, checks l.".iK :
Copenhagen cables l.25j
1S.20; llelglum cables 7.72H
i.ii'.u ; inarKh 1.0-"
April Exchanges $422,661,699 Less
Than the Same Month Last Year
Further evidence of the continued
business depression and blowing down
of industrial activities was reflected in
the Philadelphia bank clenrinirs for
April, showiue .1 shrinkuce of S122.-
MlOl.l'iOO compaied with the same mouth
I last j ear.
I The total turnover ot checks through
the Philadelphia CleariiiR House for tho
bifduoiK month ended todav was
181.008,017.374 comnnred wlHi SI. 705..
chocks ,080,101 in March nnd with ,2,121,u7!.-
a-cii? uiu 111 ijirii ui msL year.
ror the first fnur months of the cnl
The premium on Xev York funds , endnr jenr the bank cle.iriiiK.i totaled
today 111 .Aiontrcal was ll per cent, nu.ouo.mi,'!, n acitinst ,S, 20(1, 230
ihe rate of uiscount in .New lori: ou
Camidinn funds was 10ai per cent.
.lotN
IN'','
00
85 Hi
Total, J14.S00, eomrnrnj with 170.000 lo-
tcnlni. Thin far thin weeK. jiii.ujv.
NEW ?0RK BANK STATEMENT
Excess" res-rv
AVRnAOK
Thin woek I .ist wl
11i.asH.20rt $1H2UI..10
4nos:o,oon soo.stti.ooo
Ch in ault... ,,7b30S.0OO HI.10S.000
i7s,o:o,oou 4S2 472.000
11 1S1 000
t" 187 000
lleeorve In mem-
hr nanus nu
rtt9Tn hanks.
rteerM In Hate
hanks and trust
oompanlea .
Reserve In stat"
hanka and trut
company clepc"
itorlos . . .
no.tla '3 093,020.000 3,fl07..1.VI,(iOO
""''.i.n.i,. . . 217 110.000 241 213,000
rirrulatlon 1 4S5.OO0
lUerti"' 10038,000
s sio con 8 sno 000
at .air.'.ooo
no (iio.ooo
AC'TVAI
This wcjlc
rs, tn,i,,"nu
4Sll,"lfiu,'Miu
t hm week
nflclL i-xce re' .IS.'SS-iSV .ZW"AnX
l""o Vtc . 769,305.000 4.7B5,O.'l,00U
Caah,' In vaults
banks" e " . " r 7S RSO 000 70 440,000
n...r. In nli.nl
her hanka ami
. reserio hank
Itewrva In otato
hanka ami trust
cnmiane ..
Ileservo In atata
hanks anil trust
company deposl-
,r(iM
Net demand de
171,310.000 480 150 000
0. 100 001
h.SIl 000
0 355.000
8 sno.ooo
. . . ,- a 10 "int nnn
.osits. .... O.UI'SSJ.-'IIIiTii'nnn
xms, r'8.. 'mwoss "iu.ou
L'nltoJ States de
poslte deducted. 103,710,00"
lit 20S.OOO
BANK CLEARINGS
IVink dsarlngn teday compared with same
day last two joara
I'hlla . "0.4l"7 Kaa
lioiiton 45.300.MW
S, V. 0114,285,032
itaHlinore 11. ""!";
riilcaito. Sl.ft03.2U
05 OS'.'. 038
14.ri80.07H
SYy
M r.
Ut,
BAR SILVER
nomsstlo bar Hf, ."""hSIfi11 .!"
Tv?(od?ysJ00Ur,fOrti;nu00r4c,u.
bfi.i. ?
YESTEIXDArH FINAIi QUOTATIONS
Slorltnf Franca I.lro Oulldera
Demand . 3 05 7.74 4 81 34.00
Cabtea . . S.05. 7.70 4 83 IIS.OO
TODAY'S OPESINO QUOTATIONS
Sterllns Francs I.lro Guilders
,i,UO 1,1S H.iH'H
Demand
Cables .
Demand.
Cables
3.05S
ClJSIXQ
.storllnB
T,
ll
a 03
3.00'.
4.
7 734 4 80
QUOTATIONS
l'rarK-i I.lro
7.71 1.70
7.75 4 SI
35 07H
35.124
Qul'ders
35,00
35 10
LIVESTOCK QUOTATIONS
rhlmiEo, April 110 CATTLE Receipts
10OO hoad Compared with week ago. llef
steers, loc to 25u lowar. butcher she nock
and bulls, 23o to f0o lownr. calvee", 50c, to
76o higher, stockera and feeders, steady lo
10c lower, top tx.ef steers this week, fs 75:
top yeartlnes, IP.
1IOOS Ilecclpts, 0000 head. Active
mostly steady to lOo lower than eKtfrriu n
anrase, uood clearances Top $8 50. bulk
I8O8.50. nlKs 23 to 50c lower desirable
pigs, mostly $7 2o7.BI
BIinEP Receipts, 3000 head Recolpis
today practically nil to packer dlrctt. com
pared with week ago. Fat LmliH. steady to
25c higher, somo medium anil healea up
more, sheep and jearllntfa atikad
I'lltsbiirih. April 30 HOCJS rtecrlpts
2000 head Stead), JleaUes, $8 snfltH 4il
heay and light yorkers nnd pigs, JS.OOifB.
SIIEE1' AND LAMBS Receipts. COO
head bteady. Top sheep 17 25, top lambs,
CALVES Receipts. 2.'(S head Meady.
Top, $10.50.
r.ast nulTalo. N. Y.. April 30 CATTLE
Receipts 20U head. Dull Calves, receipts.
300 head 50c higher. 5((H1, 50.
IIOOS UeeolptH. 1000 head. rigs. f,0c
higher, othr" steady to 23o higher Heavy,
JB.23, mixed JI".254rii.Bll vorkcrs, light,
do. and pigs, 10.30! roughta. I787 25 wags,
(4 r,o4f5.Dl.
SHEEI' AND IXtDS Receipts l0O
head Sheep active. Lambs alow, prices un
changed. Eaat M. Louis. III,. April 30. CATTLE
Racoipls. 250 hoad. Compared with week
a to steers, bulla and cuuners ateady. Llaht
viarllngs cows stockera and feeders 25c
lower. Veal calves, tl 25 higher,
HOGS Receipts, 4500 head. After an ac
tive and stead) oarly market, .-losing weak
5tflOo lower. Top, JS 1.1, hulk lights and
medium weights. J3 30ff 8.40- few heavien
here, sold mainly at J8.23, packer sows and
pics steady, quality and clearance good.
li.tr (.. h ii '.! ', ..,;.
. ., ,1, ,,,-j v.u(.'--iuiuiaihr pt-riuu ot J.u.u,
n shrinkage of 31,;UO,O4S,60O, or
lO.nil per cent.
The following tahlcs show the clear
ings by months during the present cnl
rjr!?r vcar" """I'-ircd with thosn of
Jan. .
rcb .
March .
April ..
Totals
Jan. .
Feb,
Maich .
April . .
Slav . .
Juno ,
.luly ..
Ausuet .
Sept
Oct
Nov. .
Deo. ., .
United States Treasury Certificates
Int. Maturing
Rate Dato
5' May 10. 1021
t5 June 15. H2l
tfi June 15. 11121
54 Jul 13, 1BJ
II Aug HI, 1021
t4 Sept. 15, 1021
t0 Hept 15. 1021
t5'4 Oct 15, 1021
5i Oct. IN. 1021
t0 Dec. 15, 1021
tli Mar. 10, 1022
Rid Asked Yield
100 lODA 4 50
100 1-3J 1004 4.05
100 3-H'J HHIA 4 55
.100 1.32 100 3.32 5.0H
1004 100V 5.13
100 1.32 100 3.32 5.15
10OA 10OA 5.15
.100 1-32 100 3-32 5,28
100 11-32 10OA 5,28
100ti 1110 5.33
100 3-33 lpOO-32 5,53
Exempt from normal .fedeial foreign gov
ernment Income.
fArceptnbln fur pamcnt of Income tax
due on dato i'f inuturlU'.
.. lP-'t 102ft Dec.
1,832,OUIMIO,' 12.175. 711. OSS 14.80
. 1.547,1105 s71 1.7711.(127, 07.1 11.70
. 1.705;O8O 101 2,132.21)1,313 20 7'l
1,008,017 374 2,121,570 374 2187
10 803,'JIIU 2j1 (b 200 21)0,251 10 51
., If-" 1910 Inc.
12 875, 741. Oil 41,832 170 235 1V7("
1. 7711. flL'T. 078
2.132,21)1 3I3
1,121.570 073
2,088.088,757
2.282,807,00
2.1115. 5S.I 707
1.004,325 801
2,033,370 187
2,141,010.0110
1 .000.01 6 5.1 S
2.202,107 '!0
1 457,113.012 17 02
I 730, 2h0 520 18 85
1.1)10.320,007 22 87
1.720.307.11.1 17 33
1 850 131.011) IS. 50
1. 1)35, 4I1S. (1118 ll.St
1.7511,801,117 11)78
1 011.001,171 O.SS
2.004,0711.000 2.10
1 018.007,503 2.41
1 105 080. HS.1 M..M
Ttl J25.001
Decrease,
000,051) 122,001.558.033 11 01
No Change In Raw Sugar
New York, April 30. The raw sugar mar
ket la quiet and about unchanged. It Is
understood that sugars aro available at the
last sale prlci of 4.80 cents, rlutv paid, or
a shade mit'er, but buvora are Indifferent
Ihero weie no sales reported )eterda),
neither vvtc there ons nrrlvols, Tho locai
reflntd market la unchanged.
RAILROAD EARNINGS
CHESAPEAKE AND OHIO
Increase
1818,887
107.472
01)8,500
1,070,380
1010.338
470.314
5,011,808
2 UJ7.U32
1021
March gross . 14,357 341
Net oper. income 043,301
Three months gross 18,701,532
Net oper. Income , 578.001
GREAT NORTHERN
March Kross 47.000 7,13
Net oper. deficit 400.4011
3 months' gross 10,213,135
Net oper. "Income 2.010,220
NEW YORK. ONTARIO AND WESTEIIV
March gross . . 41.053.173 1120,201
Net oper deficit 20.303 '57,700
Three months' gross 2,082,040 040,320
Xet opor. deOclt 08,144 288,057
CHICAGO IHIRLLVGTON Ql'INCY
March gross 118.75:1.278 J1 12,507
Net oper, Income . 2.582,051 1,001.030
Threo months' gross 30,870,750 3.803,087
Net oper Income . 5 338,218 '023 225
Decrease
BUTTER, EGGS AND CHEESE
New York. April 80, HITTER unsettled
Receipts, 5li,'.l tuba. Croamery, higher than
extras, 30W304O, creamer), cxtrao (02
accio), 54r. creamery firsts (88 to in
scoie), n'J&SI.V pacUIni,- atock current make,
No. 2. 18c
EGOS Irregular, ncce'pts 37 30O oases.
I',nli fathered, extra firsts, 27V, 3 2s4ci
do. firsts, 26U27c, state, I'ennsylvaula and
nearby western hennery, whites, firsts to
extras, 20iH5o, do, browns, extras, aift.12C;
do. gathered, browns and mixed colors, firsts
to ,xtras, 20C431cj storage packed, extra
firsts 2i804n. do, firsts. 274W284c.
ClIEKHE oak Roelpts. 3051 boxes.
Slate, whole milk, flats, held, specials. 27 C4
20o do. av"geriin, SBOSSe: itatff wholo
milk. Hats, flesh, specials, l'i Wll'tict do,
uvitt'iio tun, ISc
1.. .
1.,..
1....
1....
r.....
l ...
i.. .
u. .
Armour
2
8 (sale) 784
A T 4- 1 nj!
1.. .. 001&
1 .... 09,
AT4B Fe 4s'
r 77
r. 77
3.,... 77
lt .... 77U
Atch T- &. B Fa
Illty Mt dlv
M ft O Da
B 83
Chile Cop'r C
1 78Vi
1 73'i
8.... I3U
Oilnese Ovt Si
1 40"!
City of Tlergen
81s rets
1 .... O&ls
r. .... us
1 05
2 0SV4
City Xlerna 8s
i nrtu
r-t.laA fa"
ij v.... . K-
1 .... 004
2 004
1 .. DO'
City Cop'n 014
8 74U
I.. .. 7li
City Lyons 0s
2 .... 80
1 70W
City Mars' s as
1 80
1 .... 80
1 80
G N Yl 4'A'OO
.. . 8B;
1
1 ,
4.
1
K C
1.
1.
1..
... 75.
... 751i
... 73
... 7.1H
. . 73?4
T Rly 4a
... 714
... 71N
71,
K Dolglum h?
3 084
K Ilels'm 74s
2. . ..
1 ....
1 ....
1
1 ....
2
Kingdom
8 08 (City N Y t'is
A Transeonitii May 67
2 024
Paris 0s
Short Ii 41
7.. .. 74
Atlanta Knox
lllo & C 4s
1.. . 71
B . . . 71
Atl Coast L 7a
T 00 K
Atlantic Hcf'B
ct 04s
5 00 1
1 094
3 00,
Ualt ti. Ohio cv
4.
1.
1.
5,
n .
8.
0.
1.
.... oou
.... 0041
.... con
, ... 004
Ohio 34s
.... 8 Hi
814
City
4 .... 08
1.. .OS
CO 084
City Zurich 8s
5 07U
1 07
Cl'd Cln Chi A
Bt Lo ami 4a
.1 07
1.. .. 07U
Cona'd Gas 7s.
1.... 101
1 ... 101
Cuban Amcr'n
Sugar 8a
1.... 100V
07
09
07 ;
084
08 4
07
1)8
07 4
07 T
K llelg'm rets
1.
1
2.
1.
1
I
H.
i
v..
08 Vi
084
08 4
!M'k
08 4
P8H
Den
mark ut 8s
0 08
1... . !)0
Kingdom Nor
way it 8s
1.. . 1004
King Swd'n fla
1 82
1... . 82N
2.. 82i
Lake Hnoro M
8'n 4s '23
,2. .. 8i
n. . . s
2. ... 8
3 .. . 814
Lake f-hore M
B'n 4s '31
5.. .. 824
1 .. 82V
I. Vl'y rn 4 "is
1 70
Lorillard C 7s
IB. 1011
ritt Cln Cht A.
.St L A Ss i
1 824
Reading rty Isl
1. . . 774'
0 78 ,
nsu u it of a lint
OBUi I'd 10,17
934 1 . 854
03"M 5 .. 8.1i
1)3'' 1 . . 854
034 1 1 . 89i
fel os l. 8B
1
1. . . 77.; 2 82 't:t'd Re Invt
Hep Chile rcta So'n I'aelllo evl Comp'y 6s
1 09 4 . . 78!i 1. . 70
II 00 eoti Paclflo fd' 4.. Wi
1 08 1 704 Ut'd K'ds Man
Itlo O 4. W 481 2. ... 704 1 eict la
12... . 64 8'n I'aclfie 4 , t.. .. 30i
Rock I'd A ' 1.. ., 0J4 20. . 30"i
Loul'a 4 'is S'n l'ao cv 4s"tlt'cl It'ds yan
1... ,,05'i B 7841 P unci 4a
1 IIB4 Sn Pao Term' I S
AST MlU ... 71 VH
... 054 1 ... 71i 25.
... 0,1 B n Halm's Is I
Bt L
1..
1 .
3,.
81 L
20 .
1..
1..
41
i.!
a. .
2..
2..
6 .
3..
1..
1..
1..
36.
1.... lOOVl'Lou i. Nash 4s
Cuban C S cv' il. 824
83
Da.lt & Ohio 4a
4 00i
I flfl
1 004
4 004
1 67
1 07i
D A O P L K
& W Va 4 s
3 t
1 041i
Dalt A Ohio a
We s'n 34s
S 78i
U & O Toi H,
1. .. 54
Dell T 7s rets
1. .. 1034i
1 ... 1014
2 ... 10.14
1 . . 1034
I. . 1034
81 Vi 'Cuba Ed Co Bs
1.. . 604
Del ft Hud fd
1 78VJ
Del & Hud 7s
1.... IO04
6.... 1004
1.... 100
Denmark Con
ct A 8s
1 08U
Denmark Con
ct II 8a
t. ... 08
1 08
li.Den & It Q fd
44 4
rets D d It O fd ct
8. .. 404
Det Kdl Co 0s
1 ... . 88i
Det Tun'l 4s!
1 .... 76;
2 . . 70'-.
Do Canada '31
1... . 884
80 4
Lou ft Nath
).... 101
1 . 101
Mex Pel 8s nl
1)8 4
08 4
08
!" 84
084
08 4
08 4
084
Heth Steel fd
1 (sale) 83
Beth 8 0s '30
S . . 70
nkn Kdl Co Bs'Durj Light 0s
2 .... 78 2 88i
Hush Term 5s l ... 68 4
1 004 ... 80 I
Con North cv Erie Genl Lien
13 83 j 12 41 -i
Canadian N 7si 1... . 414
2.... 100,'F W Woolvv'h
1004! Co 5s
1.
1.
1.
2,
1 1
1.
25.
4.
Mich Ct'l d 4
1 784
Mich S Tel 3a
3 87
Mid Or Bs
0. . 7
Mln St P A S
Hte M la
2. 784
Mo K A T 2nd
1... . 374
Mo K t T 4a
2 59
B .... M
1 00
3 004
Mo Pacific 1h
1 .
0. .
B .
1' .
.1 .
4 .
6 .
I
101
2 . 101
Ctl PaclOc 1st
12 73 J
1 734
1 73
1 7.4
Cerro de Pascal
Cop'r 54e
5 74 1
1 63 4
U r.3'4
4 634
0 . , . . 53
1 58'4
2 53 4
1 ... B3't
'Mo Pac Bs '03
1004! 1 70 2 . . 78
1004 Oene'l Klec 5s, Morris A C Bs
10041 1 H7 0 754
100V 1... . 87 New Or Tex &
101 .Oene'l Hlec 0s Mexico 5a
101 1 ... 004 ' 1 BS
lOO'.ICove't F 11 8S158 574
I
4
1...
1...
I...
1...
1...
4...
1...
I..
3..
084) 1 08
084 N Y Cnt'l 34l
OSVil 2 07
0H4N Y Cent'l 4a
084 1 70
08 4 N x" Cent'l 6s
084
fist.
08
08
18.
Cerro de TaaeoO Swltt'd rcta
Copper 8s '2 .103
6.... 107 4 Od Trunk rets
3 107 fi.... 1004,
7 .. 107 4 7.. . 100 tj
2 ... 1074! .1 1004
C & Ohio 4 4s, 3 . 10O,
3
3
1.
4
3.
C ft
1
1
1
1::?::
r
3
i'.'.'.'.'.
N Y C
I.
884
884
88 4
88 ;
88
88 '4
. 8S4
. 88,
. 884
7s rets
. 004
. 004
oris,
09".
1
0
C U
o cv 44s
.... 754'
70
. . . 70
... 76",
. . 70
k O cv 5s
... 824
.... 824
.... 824
. ... 824
ft AU'n 34
O Nth Rl) 1st 1,
75 ' 4... . 704 1.
73", 1 804' 1
75 Goodjear T i.N Y Cht ft St
7541 R wi bs Louis d 4s
2.... 101 4 .. 084
2 . 1M 'N Y W Lack &
2 . 1014' Wcst'n 0s
B . . 10")"4 3 . . . 05 j
1 1014 Nev Y N H ft
5 . lOt , ftHart'd "I
23(sale) 101
1004, B ,
101 I 1
101 M I 1
101 'N Y
101
... 00
... BO",
ro
Tele 1',s
.. 80 1,
80 4
d ..33 1. .. 101 'i! 2 1-0 j
7 33 1 .. 101 iNfk ft W n Ii
1 .... 3341 7.. . 101 3 754
1. ... 354 1 . 10141 4 . . 70
Chi H ft Q mn 7. .. 1014 Nfk A IV cv rts
2 ... 70M 0 .. 10141 2.... 1004
CM II A Q 4s 1 . 101 I 3. .. 101
7 ... 00 74 5 . 101 4, North Wcai'n
7 . . HO f' 15 1014' Hell T i
5 . 00.70 3 I'll 1 3 . . 954
2 . . 00.7H 2 1014. 1 .... 04
50 . 09.70 0. .. 1014 1 . 98',
50 . 00.70 1 ... 1014 0 .... t'S4
1 .. 90 71) 2 .101 1 1 .... O1.4
10 . 90.70 fl . . 1014 4 . . nh'i
1 ... OO 70 fl 101 'Nn Turin 3j
11 ... 90.70 Hud ft Man fd' 1.... 544
1 00 70' 1 . 004, 2. . . 55 4
C II t Q II 4s J . . flC4 2 . . "n
5. ... 80 4 1 .... iKi 1.. .. 3d
13 . . 8041 4... . 004 N'n l'netfk 4s
CH&QO'iwI 1 004 r 70
16 9041 1 04l 1 7,1',
1 904 1 .... 04, 1 704
3 . 004 1 . . 00 4 Oregon 3 1. 4s
CM 4 E 111 5s 1 .. . 004I 3 45
3 ... S0'4 Hud ft Man in Org-W'n It "o
Chi ft Lrle lsti 1 .... 38 Navl Co 4s
2. . . 774 2 .1741 14 7o',
Chi 1 O W Ii 8 ... .18 1 7fi-,
1 51 1 .... 38 ' 3 70 ,
Chi Mil ft Pgt 4 374" 20 70
Bound 4a 7 . 38 Pao O A V 5s
08 . .. 02x, III Cen 1 4s '53 2 7"
Chicago Mil tl 5 . . 70 Packard Mo'or
Si P'l 4s 1 . . )'; Car Co 8s
1 ... 004 5 ... 704 1.. inn.,
Chicago Mil A 6 . 714 Pa RR en l't'
St P'l d 4s .111 Cent'l B4s 4 S04
1 BSli 2 88 4'Pcnna n R 3a
Chicago Mil ft 3 .. . S841 1 St'
St P 4s '25 2 .. . 884 1... . 85.
1 73", 1. . 884 Ta It R'd il'ja
1. .. 734W Bteel 44s 1 9",4
Chicago Mil ft 1 791.1 1 (-,,
M P cv 4.!.s 1. ..79 3 9d
B .. 034 Int Met 4 4s . 0 .. . 9'1
4 044 5 ... 17 S . . 9(1
4 . , . 0,14 1 . . . 174 6 . ... fi',4
1 014 Intlwro R T M 2 ps,
6 044 1 BO', 1 01-4
3 03 4 .... 604 4 034
C A Nvvn 34a 1 . 504 2 .... o.'.,
1 ... 05 III Marine 0s 2 9(1
Chicago ft Nth 1 . 81 4 C .... 1134
Wcat'n ")4a Jap Gov't lstl I do
2 (sals) 07 U 1.. . S34l 20 ... fiv,
5 . . 07i JaP Gov't 2nd 3... . 034
Chicago ft Nth" 1 S3 1 .... 1154
West'n 7s 2 . . 834' 1 . . . 03",
f, . . . IO0 4 Jap Gov't Is 1 .... 05 4
1 ... 1004! 6 004 1 .... 034
3. .100 4 .... 00', 1 ... 03',
Chi Rallw'a Bs 4 .... 0H4 Penna. II It 7s
2 654' 2 , 00, 5 ... 1004
Chicago It 1 IM Kan C Kt S 4 t..., J004
Pac, fd I Memp 4s 1 2 .,1004
2 . 07 ' B . . 65 2 .. 100 4
8 . .. 07 Kan C & 8 ,1s 1 . 1004
3 .... 7 1 504 I . . . 11)04
1 . . 07 2. 304 1 .. 1004
3 .... 67 Kan C ft 8 Bs J,,., 100
8. . . 07 I 2 744 2 . 1004
Chicago It lt'd1 4 . . 744 Phil County c
t- Pao 4a ' .... 75 j 1 . .. 034
3 .... 70 1 .70 4
Steel Pifing Wanted
What Have You to Offer?
J. A. DOUGHERTY
725 Bulletin Bldp.
Spriieo 690.1
M A, Wi Pler Boxm
(nfiVL and Mailing Tubet
I EDW1NJ.SCH0ETTLEC0.
j 533 N. nth St, PblUdelphli
... 054
ft s r In
... 104
I0
I
8 ..
S. .
1
68
68
58'
68 4
49 4 8'n Rallw'a 3aj
4941 1 . . 824
1
U b
n
1
1.
1,
. ... 31
Mexico ,,s
. .. 454
.. 434
134
Rubb'r Bs
.. 784
. . . . 78'
.. W,
78
iYcu; York Curb
I.MJt'fiTItlAI.H
High
Aimi '.031
Am leather
nrltlsh-Atnir Tob toup
'or i.ignt 2 s -.
Kinplrp Food 34 3s
Perfection lire J J it
Mouthern C nnd I . . . 04
V S Distributing . 224 224
U 8 Hhlp Corp "S, 4
t; 8 rfieam ' N
L'nlt'd ProOt Hharlng ... 14 14
Lulled Ret Candy . ... 74 74
1 VvJri " swsjius s sm saaaaB
Ixiw Last WssT I
1 i",t 1 "s KT- 'V VTJgv
Inu ,t. Ili. ! " w.
13' 13 13 , I
34'
II
84
224
HT.iM!tl OILS
714
OIL"
II
154
40tl6tand'd Oil of U 8 Rubber 7s
494
40 4
40
494
Calf rets 4.
1 ... 1024. V 8
1.... 102 1.
1024 C
40 4iLnlon Pac cv
10 V 5 814
49 4IUnlon Pao fd
404! 3 .... fi
404 4 70
Bt L ft 8 I'ramUnlon Pao 4s
Series
2
0....
7....
1....
!5....
1.
nt 1
ni4i
01 '!
014
ot
01
St L ft 8 Kran
Series II
2 724
I...'.. 724
5 7il4
St L ft 8 I'ran
Rerlea C
4 85 4
11 8.1,
1 86 K
St L A 8 Tran
gm 0s
1 . . . . 90
St U Sovv'ti en
1 ,04
St I. Bow'n Bs
2 .... 084
6 08
St I' ft Kan C
8 L 44s
1 .. . 63
S-t P'l ft Sioux
City 7s
1 94 4
Ban Antonio ft
A P Illy 4
1 031,
B .
1 .
U
1..
1..
I..
1
1.,
1.
1.,
1.
804 U S
80
80 4
81
81 4
814
814
L'nlon Pac 0s
J 07 4
2. . . 97 4
2 .... 974
.1. ... 97 4
2 . 974
UKotO llrlt Va C
& I'd 1021 r. .
1.
B
7
4
1.
1
4.
13
.1
V c
3.
1.
084
Hub 74s
... 90 4
... 99 i
.. 10Oi
.. 99
.. 10O
... 094
. . 1)1)4
. . 994
Bteel 5s
H Oil of Ind
l.MH'.PI'.NDIiNT
Allied Oil
Aiknnsas Natural (Jft ..
1'oone OM
HoUon Wyoming
Carlo Hyi
Clllrs Servlco "11' vlfa
Croolo Syn
Dninv oil
I'lk liasln I'jt . . . .
Kiiglnecrs 1'etrol
IVderal Oil
Olcnrook oil
(luffey Olllcsplo ....
tiuusjn ju
Int Potrol
Mnrauolb-) Oil
Mexlcun tnv
Mexico O'l
NobW
Pcnnoi k Oil
Prrdui er ft Rrllurrj ...
fcalt Creek new
Hlmmi Pet
Hkelly Oil
Tesnn
Lnlli-il Texas Oil . . .
t'r.lted R;ii'.lty
Victoria oil new- ....
Y Oil
J1IMMJ
Rr Columbia . .
1'
lfm
M'i
14
14
"1.
104
304
31
14
13
54
4 4
134
n'
54
u
1
I Al I8KO
1 cuuiri
. 9!
Chem 1st
. . . 92
... 92
CI 7 'is
.. 92
. UP,
.. OP,
10 4
8. ... 094 1..
8.... 994 1..
0 99.11 19
4 00 U'Wabash II 1st
.1 .... 99 1. 2... . SO
1.... 99 11 1 1... . 804
1.... 09 111 1.. . . 8.14
1 tio 1 Weat'n Mil 4s
5 . .. 9!) ill 1... . 534
2 . . OO.lllvVest 8hor 4s
U K. ot Q Hrlt
ft I'd 1922 W
B 904
2 00 I
1 90 1
1 004
7 .. . 904
904
9041
So Paulo ot iV K of O Mrlti
Drazl! ct 8s
1..... 074
Seab'd A L Cs
1.. .. 47V
tlnclatr C Otl I
Corp'n 74a
fl..
1.
1.
4
1.
8.
034
03 4
03 4
03",
034
084
034
ft I'd
1
B..
1 ..
.1...
1 ...
20
B ...
1029 '
. 804
. 8941
. 89 4!
. 89 , I
. 89,!
894
C Mfff 7s
. . 99 4
054
9
06 4 I Host A Mont
tl34 Cnled Ml 1 . .
nMi ( rndelarla. M . .
V.'.1 'enns 'lrlnU . ..
"'" " I CnrtM Silver .. .
"' '4 1 Cresaon Gold
( reseent McNamara
l'.inmT Silver . .
Lurekn Croesus . . .
Kureka H.lly ...
Gold Cons
Hold D,cl
Goldfield Florcii..
Gold Kevvana . .
Gold 8llver Pick . .
Gold 20119
Great Mend
linn HI issim
Jumbo Dxtenslon . .
Kerr Lalt
Knox Divldo
MtNamari
Marsh Mtnlnir
.Mother Lode
Motht r Ivid new .
Nutl.nal Tin
Nlpl'slmr
North .xtn:-
Lphlr Sliver
Rex Cons
Rochester Mines
Mlv-r Klnj Divide
S .Hllvol Lead . . .
St Croix
huece,.., M!n
Tonnpth Helniont .
Tf.nopali Cwah Hoy
Tonflpah Dlv lie
Tonopali-JIni Hutler
Tnrot-Hh Mm
99,
99.
99 4
994
994
00 4
984
99 4
994
994
99,
99 4
99 4
99',
F94lVV-B A L n 1st
894 1 1.. 52
S9VWIs Cen 1 Sup
90 ft Duluth Dlv
A Term' I 4 s
4 07 4
Total JI.9RO.009 compared with fll.All.
OOD )citcrday. Thus far this vveel,. 1H3,-308.000.
TniMlinh Munh .
Timnriah .AlyniHiia
I' 8 'Cont . . .
t'nll'd Hi'tern .
Vd'tor- . . . .
Wtst Ilnd Con . .
WMie Cans
Wlltrt
Yuknn Go d
.1
01
to
17
0
74
1,
i
r,d
ii
111
15
fl
3's
Is
1.1
'I
.12
14
13",
1
1,'e
V",
H
1-'
9
y,
1
Irs
iv,
ItONDX
I.iiiprtr SVjr . ..
Liberty I'd 4s. .
Liberty 1ft -tUs.
Liberty LM 4i,s.
Liberty 'M -U.s.
Liberty 4th 4Vs
Vie NoteH H3,8.
Vie Notes 4:)iS. .
High
AS. SO
87.. "0
S7..'!t!
I)0..r)0
&7.r,a
, II7.SS
07.01
88.70
S7.1t
S7.40
87.2(1
00.40
S7..",'-
07.8S
07.70
Clove
8S.7U
87.14
87.44
87. "JO
".10.41
87. au
'.I7.8S
07.70
Commodity Markets
COTTON MARKET
Trev.
elote Open High Low Coo
May.. 12.13 12.10 12.21 12.12 12.19
July. 12.01 12.07 12.71 12.111 12.71 B7:
Oct.. 13.27 13 30 13.40 13 23 13 38
Dec. 13.72 13.77 13.84 1.172. 1.1.84
March 14.15 14 18 14 20 11.12 14.20
Spot.. 12 40
GRAIN MARKET
Wheat
May ... 1 30 1 314 1 294 1.31
JlIv 1.004 1U8 l.fi.74 I.""",
Corn
July 594 i!04 504 "f",
May 604 574 534 ,"i7
Oats
May .114 354 314 .17
Jlllv 37 38 304 374
Pork Opu High Low Close
May . " 1.1 01
Julv . . ..1005 lrt.10 10 03 HI 10
I ard .
Ma) . .... 9 4.1 '1 .-.0 9.31 9 33
Jul) 9 90 9.90 9 77 9 "7
Ribs
May 9 37 I" 17 9 27 9 3"
Jul) . 9 01 1 117 9.00 9 I'"'
Amn Acr Chcm "... . 904
Anm Tel 0s 1922 974
Amn Tel fl, 1921 Pi's
Anaconda 7n 1929 9.14
Anglo-Ainn OU 74 s HH4
Armour 7b 9"4
Chic Uast Ills 6s . . . .194
Copper i:port 8i 1023.. . 994
Oulf oil 7s 9114
Heinz 7s tin
Humble Oil 7s 9(14
Liggett M)crs 0s . ... 994
Ohio Povv or 7s 11.1
Sun Ojl 7b .14
Southwest Hell 7s I'll',
So N V 7a 192.1 . .. 1014
So N Y 7a 192H ... . 1014
bo N Y 7a 1931 . ',04
Vacuum oil . . lOil't
Western EleUrlc 7s . . 994
11
IBS
97
29 ;
34
4
94
14
14
14
It'i
4
I114
304
2'i,
14
12
.14
14
lit.
3
nt
in
49
t
71
1:
01
1ft
n
18
13
11
34
IS
11
44
(I
14
3
if,
9
s
iV
2(
1
1iV
3
14
91,4
974
904
9.14
11104
904
5114
1)94
904
9H
1)04
994
9.1
9:,-4
904
1014
HH4
104
1(111
994
11
1,1",
14
19,)
84
294
34
4
14
114
4
104
SO'v
2Hi
1 1
13
',
14
1.14
1M
54
Spruce 8200
A Nation-Wide
Market
for
Liberty Bonds
Victory Notes
Ind
Treasury Certificates
SECURITIES DEPARTMENT
Commercial Trust
Company
Mtmber Federal Reserve Syitsro
City Hall Square We
ot
10
to
it
71
14
9
0F1
1 A
7
I
,Tl
n
ts
.I'I.V('LVL
Tin: i.sr'ititoAt) -iih uailkoad a o.
IOI7 North American nidi?.. I'hllnilrlpliln. Ta.
Nntl.e 1, her. bv (riven that an instalment
of Inierest at ihe rnf of VU has been
BUtliorlzeil h) the Hoar-1 of Dim tor' of this
( ompanv nt w mci tlnir heio April 28, 9J,
to be UHld Julv I tP2l on the Hec.iml Mor'
Ris" Inroine llomls of he t 'ompanv to Hand
holdern of rocorii Ihe .Ihv of pnvment
JOHN ail.UKitT
Hetietary
Annual Meellnta
tBf
3'-.
IS
1.1
r.
14
n
11
1
i,v
14
9
1 .
9
2H
I
ii
14
904
974
!!
Ill's
10114
Dfl'a
B9-,
994
IHIS,
98
9114
994
9.1
93 4
ll'l'b
1014
1(114
Kit
1110',
994
NEW YORK COFFEE MARKET
' May
! Juno
I T..I.
Au;r.
Sept.
net .
Nov..
Dec .
Jan .
Pel, .
Men
Ope
'.I. .ID
,1 92 8 03
11 JUS ID
O.SOlQ 90
7.11( 20
Hljrh IX) ,v
, 92
Clnao
.1 rtO'a.'i 0.1
5.79 f 5 8t
5.9Sr,4(l 1)0
II rU B.2D
OSUit.tO
5.1 0.07
11. 72 'I' 0 74
n ftsfm.oii
0.9 'a 7.00
7 utft 7 ID
7 18 fi 7 20
1t
c o
.1 5t
B 00
fl 11
0.3l)
II In
II ll.l
II 81
II 91
7 H
7 19
1
pi rpr,
VlJi-11
orriCK or this UNiTRii oa
nii'itovi'sii:.NT rnvii-ANT
N. V. turner llraad. nnd Arch MtreeU
Phlladelplila. April II, 1021.
The Annual Mcetlnir of the Sto.-Icholdora ot
The United Can Improvement Company Trill
b n;td nt tho office or tha Company. N. W..
Corner of Broad nnd Arch Streets, rhlla.
delphla, Mohday, May 2, 1021, at 12 o'docJt
noon, when nn election will b held for a
President and tlx (U) Directors to acrve for
the rnsulne eur, and tuch other businesa
will bo tranauctisl a, may bv brought bafora
the meetlns.
The slock transfer borka will be clo.M
from a V. M. Wedne-day. April 20. 1021.
until 10 A M. Tuesday. May 3. 1021.
P. W. ?!hlRAN. Secretary.
Kt-f" l'C.NN llLILIIINCl AMI LOAN AS
MH'IATMIN (ir riULADICI.rillA,
Notice la hereb) Riven that the annual
m.MlnR of the stockholdern of the Tenn
Hulldlnir and Loan Aasnelatlon of l'hlladel
phlu vvlll l hold on IVIdnj, July (t, 1021.
at M o'clock 1. M . mi 171)0 IMh at. at
whieh time pctlnn will be taKsn. In accord
hh'i. ivMh a n solution of the Hoard of Dl
r,-, tors upon the Hiiproirfl or d'..hoprovol of
th prntinsed lnereue.. of caplt.il atock of
lb" said lurpoiatlon from one 111IIII011 dollars
(M.(MH,(KiO) to ilireo million do I ura
($3,000,000).
IA.MKS 1'. HA1U7 &eTelur.
mh haki. ritv.vcis DOn.K
1120 Land Title Mldsr
0 1 itie niasr (-k
Clovcrseed
Iiledo. O., April 31 i'l,iv'aeeil I
rrieh and n"l 13 2.1 nctnb,.' S9..10
.ke. prime rir. S13 50 I li 1 itri
ii,l 1918 J.' 80 1919 '2 8.- 1M20
and May. 12 90 Sepiemb-. 13 33
j DIVIDENDS DECLARED
' tn-ernatinnal Harvester Co quarter of
I ji 73 on preferred, pajahlo June 1 to Hock
rf re, ord Mav 10.
f.; 011 in: or thk tiooa tkumt co.
"-' 17th A Tloiti. Ms.
i-iiiinaeipiim
Th" Annual Meellnc nf the t"eckhoIdrs of
Th- Ttntra Trust Co vvlll ).e held nt tha
odlrr of th Cmiipanv. f w Cor. 17th A
Tloca alo . on Tuesday, Mav 10, 1921, nt 1J
noon to 2 1. 11.. for th" elertlon of Dlrectora
to serve durliiK the ensuing ear and for
th transaction of au, h other business aa
mav bo brousht before (ho meetlnir.
r.DWARD C fNYDLR Jr. Secretary.
I AMIIIUA STI'.KI. Cinil'ANY '
The- Annual Meetlnir of the ato-,holder
of the Cambria Steel Company vvlll be held
at the office of the company. No. 1020 Wide.
tier Hulldlnir, Juniper and Chestnut streets,
Philadelphia Pennsylvania, on Tuesday.
Mn.r 17th. 19JI, ut S o'clock I M.. vrheii
an eUttlon vvlll be held fur three Dlrectora
to serve for the term of three ears to auo.
cee'lithoso vvhoe terms will (hen expire.
J D HRKWKR OKHLY. Serretarr
nyrr,,Nh,'MI:,ts "IHIHINH fOMI'ANY".
rhllndelphla April 25, iff'I
The Annual Me'tlmr of the stockholder
of Consumers Hrevvln Companv will be held
nl the rfile nf the romper) 1 .1(1,1 Mtznater
street, rhlladelphln. I'n , Tiie Mlnj . Maj 10th.
1921, ut 0:3(1 o'elnrk. A. M.. for the purpose
of electing Directors nnd for the transaction
of such ether buslnc, , rna prnpcrlv coma
before the suld meellmr.
II .GAI.HRA1TH. fieorlatT.
ITS55- TIIK ANNUAL SIKKTINO oF"TilH
U f stoikholilera of the Chrslnnt Street
lleolty Company and election of Directors
to oerve for the ensulntr scar will be held
at tht oftlee of the Company, inoi Morris
Hu'.lfllnK. on Monday, .May 2, 1921. at 13
o'tlock noon.
JiOIL7.lVr!IlAMf!errejary.
t-r THK ANNIAI. Mr.KTIMl Ji' T11K
Oi Cmitrllmlnrh to th, rninsrlt nnln llns.
pllnl vvlll be held at the 1'lne street Horpl
',,1 .m Monilnv. M.i.v 2. 19'.' I. nt 4 o'rlock
I II,, to elect twelve Manama and a
TrcatJrer
CHAllf.KS IVlinELLR. Secretary.
.-.- Tin: anmai. iir.irnx. or tub
4JJT Mu'leal Kund mj, i,"i vvii. Ivj held at
nre Th ladeiphln, P.i Tnenln, May loth,
10 JI. vvhn 'he Annual U-puii nf the Rnaril
,,f Directory "til lie ores, me. I Hud an Dlec
tine for Dl-eetors ll' be hld
i-HAItI.r: lMinilV KIMIKR r.--erefarv.
nnunl ITeetlons
ANNOUNCEMENT
On and After
May Second, 1921
WE WILL OCCUPY OUR NCW OFFICES AT
1503 Walnut Street
CUSTOMERS AND FRIENDS ARE CORDIALLY
INVITED TO VISIT AND INSPECT THE
NEW QUARTERS
NEW QELL TELEPHONE NUMDCR
Spruce 7910
MOORE, LEONARD & LYNCH
Cushman Newhall, Manager
1503 Walnut Street
New York
MEMBERS
Philadelphia and Pittsburgh
btoi.k Liiliririrjea
fce3
TIIL I.IllltAKY LOMl'ANY OB'
l'HILADHI.I'IIIA
V. V. (or. Uf Locust A .Itllllner St..
The Annual Kleetlon of Directors and
Treasurer "flh Vil,";r!', Company of I'hlliu
delphla will be held at the Library on Mob
da. the second day nf May. next, at 3
o'l lock In the afternoon, when the Tresurer
vvlll attcnl (o rceive th 'innual payments.
As there are eeral share on which lines
are 1u- tho oivners of them or their rp-re-entatlv
-s jre hereto nollOed that they
lll le fo Teper aBireibiv i ih,. Charter
Tvva of tho Coinpstiv unleKa the urreara
are raid o" "" l-eeond d iy of .May or with
hi ten d' ' Ihereafle
u J nuDMVN I' M'I. Feeretary.
Dlv ldeni
IKMll1IAr) MIIIIMI, HVMv
I",-lde!phld I . il .'I 1P21.
rh n 11 I ui Dre, turs h'i ihi day
.-',,ii,. ill ncrjlni ,,tiai( ri ,lii,len,I 0f
two -ttiil iine-h.ilf dollar,. (82.10) per fharn,
t'.ini: a. ill r.,i. of 1u p r , nf pr iinnum.
hiiI an 'Vtn dividend of one dollar igl.no)
pr share, l-ini; at tbe rll, ,f I per cnt
i.i uinuiii j" lb" capital mr 1 of thi bank.
liv.il.le Md) '-'. IW1. 'o elo khold-r of re.i.
o-d lit th ""' nf business Vi.rll SO 1921.
I-HMI'N'D MII.I.llV.!. i nl-i.r
rropoaU
GRAIN
PROVISIONS
Our Daily Letter Sent on Tiniutat
Hughes & Dier
i
l liloaio Hoard of Trade
X. V l.r.iiltt,., Iteliniir,
Metubera , i.hliadrlplilii .Stock Kvclinnte
( I'lttshurdi Moik Kailmnco
1435 Walnut Street
Hprute 813 . . , , 'U'lt,, 1805
Philadelphia.
Lawrence E. Brown & Co.
CERTIFIED PUBLIC ACCOUNTANTS
16.10 lir.AL KSTVrn TUl'ST III.Dt,.
Investigate and iuljut corporation and
partnership aciounts mid prepare Inioiue
rat ivrimii".
J
Bond Salesman Wanted
l'RV riJHKNt D TO MAN 1MTII
I l.ll.NTl ID M ) M'Ultl
,- v C V: I'OltllV.SI'O.SDKNl 1,
STHU'TLI CIIM'IDKS'TIAI
A 00.1, i.r.DOKii ornti.
Parkway Trust Co.
15th and Race Sis.
.i'i.i:n i,inii'ii..i..s ivii.i, in. ni
i,i b th liaripi-m ,.f l'uhiie Wel-
I f r ', i t'l uf Hecreitlloii Jn fd ,,ff . A 0e
! lie tu'.uu '91 I'ltv Il.il! rhihwieipM,,.
I u, ., u i k noon Wrdnendjv Mny n.
19-1. f ' iMHr,inp ciner. (e rei a rn tu the
,. i minimi; P' "i ' Th.rtj e, , ,m 1 jt, and
l;, 1rv , nil
1 woi'i VIM"- riu lie li i-l n, l,e ,,if, 0 uf
1 -I liurenu illifi i II ' ll'il' l'h ladeiplil,,
, ii. ,. fr .in o'l'ei" (In), thos, -nSns.l n
',!, nii'ini tiiui..s ,i"l in th irral
I I en h i n't in 'led 'li th' o -idi .iiihii will
in,, i- 'otei .ame'l or c nniid,'! e I
No Id 1 1 vill K. ."lisld.led linle. A 'eom-
' n. nled b 1 ertlteato fioni Ihe fl,, .s,,rr
I ,i innii.p. e i Itll 111- iir.lnjn t rmproved
'fi-h -'" ll1" rptiulrltiB H inpoi t)nd
,,, ,n !- v In " ihe si mi -,. ,..., j;,no.
l IM'ni nf He r-mlun r,'Srvs (he
i - ,h t a , , i t ut reje,-t ,n n- ,i ,,r parts
l,,, t. inn '" ileeih, I h, n fr thr .
'r lS ll'lV-T L. 1CST1V 1
I Ii'pulment nf I'ulili,. We "-...
ll Dl.l'MlTMl M- Or I'l III. II HOUKS
'l in hum or IIK.HU Ms
i lie on :iU. in Mai'
. i.i.ii i.t.t,.!....
Vpt'l .' 10.1,
I"...f i limit" I Ulef of litiroiiu
innl I'"''0'?,1", T,"1 ,t", '' '! an1
np.inl m iV'""" ;.',',', : ' i. u flues;
All dcpobits licrctoforp ro
cciicd at Oak Lane will from
Mny 1st be receht'il at luth &
Unco Sts. Safe Deposit Honcm
to Kent t .S2.30 and upnanl
per )e.ir.
4 Paid on Saving
Accounts
on. i ui in ii-.... :.' ..,, : ;,;,' '" uooeii
imoti Tlnirwia' May 1.'. ID'.'I, for
JirHiu'to lo-v p.ivin iais.n,nt ori(i
,,u-tru Hon "f ,h" H.iiniem nv.nua
I r B (,i -r V... i.sniliB ' i-ek 1..1111 t brldfa
U.t.eii l'h 'id IPhla and Hu-k. 1 ,,,
Mm nc bul'.d liBJi fion, lie be 1 lf !,.
ei.ieni s-el vie Ulvberri 1 iirinsl.
-urn"-'!')-- ',""' ''"', ' ir" ''I unitd
rwiland envenl inncre(r
luri-'i"" and deliver eK ,,ntnfue
,.v ' iii.it -s boilers erd spiurlnnitner.
r""!;,, ,v id ruiiiPlnr siati..!,!, n"nCM
'"nil-jHv I-' nu-"" -3- ' " '(' I
iecjor.
H. L. Smith & Co.
INVESTMENT SECURITIES
10G9 Uno Till Bldf- Spric 6721-J
C. S. PATTON & CO.
8U gi CIIKSTNUT SIS.
BANKERS
' Nucceasora to
SAII.KII . UTUVKNSON
Honda and Htocka bouchl and sola
on rommlaaon ,
Member- I'lilla. H(oeW Kirtisnt
1 I, .,i.,lln a "",' irei.nr water Tuba
, n,.i lei "' Dspir'Pieni 1'imer plant
;;r.,r rirtv .0LVa,"o'."'D!J7'ar"r""t otA"'
T..i 'li Till" I VL'I. A a - Tl
of an eleetrl. llBhtlna sjstem In the n"V
espermienial shop liuTldlim mfi. e f th
iVinnriMliiR, i"",lr'm',",tr .", .I'rnnkford
vvi 1 le t lived b"io untl, S I'. 11,, j,- J"
19-M. an I ih'" opined fpi Installation Vi
JiB'i 1 ebovi IMina and spieincatlong on ap"
nlli 'll"n
VAIITN'KIIHIMI'S
IHi; l-MtTNUIIsilll' lir.UKTOrOlllTlWV
IsiliiK bt-lvvceii liuls i.l. Kolh und Lnula A.
f.rnssman, trading na (lruaninti V Iteth, h.ii
b.en dissolved by aBreeinttit aa of April If.
IVJ1. All dobta du by (he Ilrm will La oili
by Mr Oroasman. r " "
1H3HMAN MOKKOlVI,T!!. Alfarnay.
ft Mm ,
a
lw&MijMijii,l fir&tktlli&Zvm-t&'X ''' "-
-.hAidtfAyi,,
- Jt .f iv ,.'ihtx
jt,Vw j. U vT1! . 1 J. ,H '- v
41.
.1 !.. ,4
-JiiV.
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