',;.- '!J2? "vt EVENING BUBLIC LEDGERr-PHILADELPHIA, MONDAY, MAY 2, 1921 20 wl be vr In: ar no jn! dc ti Id Vr of it; TI n I" hii dl m , wi ,' lev i m in i u . J- ' Si th -i to' le' fo ' C , dl at ' F th tt in , ' hi tl ft. , k (aLt We recommend for INVESTMENT Great Northern Rwy. Gen. Mtg. 7's DUE 1936 Price lo yield about 7.40 Northern Pacific & Great Northern Joint Conv. ty2's DUE 1936 Price lo yield about 6.90 Garstairs & Co. Investment Securities Member rtilladelidil ami fw iorl Block KvrhinRf. 1419 Wnlnnl Street Philadelphia 71 Hroudway. N. Y. 1 f 4 ii i So fin--nb. to J ;t E&rslyBros. &. Co. HANKERS MCMBCRS PHIlaDClPHIA STOCK CXCHtNQC Investment Securities ft . 1121 CHESTNUT STREET PHILADKT.PHIV r-!VTt WIRES TO NEW TOR Sprue 8200 J J5! wm NORTHERN PACIFIC GREAT NORTHERN ('. H. & Q. Collateral) Joint 15-Year Convertible 6 rllKiriGf lir.PETMET Commercial Trust Company vlembrr Federal Ilevrte Wem City Hall Square Weit M1DVALE STEEL & OiRDNANCE Possibilities ( opv of This Timely tialsjs Will fte Sent 011 Request drills. BOUREAU & EVANS Vew,hrj F k e-fr'p'ii,; 'n- rrrhent' 130 South 15th Street Philadelphia &ocujr IS nacr , rif "mi I'IiIU onirr, 7 lid MrM Recent Market Fluctuations Our W'l Po, ke Ma-, ,ui R., hhowinu hmh and 'uw prices of all nctl i --ccuril'i , n-a'ier) free upon r(f,ui ,t witvi nur lneat. mint Survey .So. filli. Aho atlt for our 20-Paymcnt Booklet P 9 Scott & Stump si-fcjAt '-r-; p firm tots Slock E'ehinif Bldj. :3 Scolh 52J St. Pbil.dtlpbu Wtit Philidclpkii Lnrut' ,(-' Hflmonl ei- Ntw Tork Office. .10 icbn(e Plc 4 t v, Phila. Co is. 1951 Georgia Rns-j'. & F.lcct. js. 1932 Pncknrc! Motor 8s. 19 30 American Gas Co. 7 1928 General Asphalt 8i. 19 30 Portland Gen. Flrct. 5s, 1935 S. S. Whur Dmtal 8s, 1930 LAND TITUL Otll-O'NQ, PHILADELPHIA, PA. MmM, r I'hlla -u.W l.rLtarr n H'in.t(.i-,ili-iu t'nion Station I trsl "s. Iir,fi Mich, tentr.il Is. 1J0 Trie Ttnilruafl I.tjii p (. Ifl.'fi Penni & North" esicrri 11. I. Gen. ". 1910 HENRY D. BOENNiNG & CO. stikk Krif..r.r: nt nnrsr. Plrtf t ,1'rliaU Tlrphnfi lo N VorL Member I'hlla. Mlwk ru)iiviie 9 POOL ACTIVITIES ! MADE THINGS HI ann aon too ino ?.10fl too 5000 .itno too H03 4JM 000 (!0O too 1 Oil -400 SOI) 60 100 400 4300 7S0fl too too t.u no aoo .too 0300 4700 100 too , too 104 300 liOO 3100 Bonn 2S00 600 ssoo inn too 1.101) 1000 100 100 at.Mio 100 soo ttioo 3000 inn 100 too too 1400,1 N00 I (111 400 Price Movemont Wide and, Lively and at Times Quito J Erratic ev Yorl(, May - ltriiewerl pool activities nn the one hand iind renliz-' Inc ule-i on n Kcncrmif "nCh'o on f lif ; other, kept thiuRi solnc ii-hummlnc' 'inrinK the forenoon In tiiday's -tods market. Tin turnover up to noon ap-' proximntins tiOO.OOrt elini-es. tt lilt-l wife vn4 productive of n very feverisb price movement which nt time v..a 'liiitn erratic-. neTCrtlielrwi the line nf lcat n'lHtnnrt nt all Mine was npaln ' eniounterfil on tile rlclnR tide. I It wa strictly on industrial market ' with the railroad, with the cseep'ion , of Heading ucrupjinK n illitlnetly ceo Hilary position. In the former group' the movement extended to all clnf s , ' nml .ill crnilei of tock, for n time em liraring even the 'onR-neglected copper group Interest, however, concent rated ver.v lnrpelj in the oil", steel"-, motors mid motor arccMorie. ver-Siiinliiy developments while not Mlciilatcd to lianse tho character of! tlie niHrket supplied, much room tor action nnd fiirnlehcd ample ammunition I ' for both the contesting force, in the I blr. buttle for supremacy Thi ship I ping tr.ke, unfortunate as It ua, did , tint ut much ice aM n market, factor. . MV.ill street was disposed to paj more , nit"nt!on to Secretary Mellon'! plans for ifliKeil taxation. The Mi'ength of toreign exchauge with sterling touching th highest for the year and lien quoin- ! tlon since la't July, was accepted hm tiie i key note to the (ieriuan reparation.' levclopnifintb. The L'O per cent cut in tire prict'H b the leading ruhbrr com panies nui ltkeuls' intorpretled :i n , i-onstruetlve factor Insnud of producing, ii bre.ik ju thc-i- stock" 'I lie 7 per eeut renewal rate fur uill nai ia dl.so pushed iiFlde Iieiuuee this ni , accented as. the natural iiflcunath if . 40 0 the drtleit shown by the Clearing 1 S I'W House lu-titutioiis nnd h teinpornry 0ft condition. The starting today of the, '-tan Senate investigation of the railroad , 6;0ft -ltuatlon llkcwisn lntcad of being pro- 100 dwinc of apprehension in Inliled as a helpful factor toward the solution of the niiidd'e railroad situation With -ii. 'i a wealth of new develop i..fnt a'fetting the situauon from al mol oir aiigh , ii was not surprising there -h.in1l h.i" licn a cumplet' change of nttitiKii towaids Un etitlf" ' -t. hut the iuniit w.i an.W.uiig but a i ni-s!ii'd nflait' Heniute the licrci' n.nliini tin bad "i.flcifd list weik uie lrar loeiiiigciit viri disp.s(d ti 'nte.st the tiling i ul ig,ornulv nnd incir eftotts wer lv no moms empty 't H-llts. Tb- frrnt'c hnractrr ol the mark"1! -a- po--tb'y bet tll'istratetl in the cac Mexican Petroleum, vhicli. after n ruble fto'n H1'"! to l AH on reiterated porls cf exhaustion of huge wells, is -ent soaring above the l.'iO mark on ie tiength of ii semioiricial icport of liiii.O'lD-hnrr'l new well coming in n 'i be paradnxii'.ll fide, howevei. T i.io moiement in the oil gtonp wn ei -en ted in the svnipitthcuc shading of i" otliee oil steel;., although the re , "ft iitwint the Mrxicm situatiot ntilil have .1 bullifh nliiicno on the i-Kf of he olhei producing com u icfi It w.is the luraK in me oil s,iohu . i ihckeil th'e lliitl'i1 bulj. . but le- i nor n the whob iunrK-t r loundeii '-ipl in the broad leu ins iienenn i.r nil ilevelopef w lien souii- nt tie . -iller- a'tciiipiKii to g i hack 1 -letlis sold noo l'40O T .100 11G00 soo '4400 BS0O noo 400 ino X. .100 100 I no soo 4400 too 13000 .1700 1S00 (00 son 4000 aoo v too 100 1.100 J '400 100 too 1000 1300 3 too 7 too 1000 '.'O'l too 101) raoo too 800 100 100 101 10300 too .170') 101 '40.1 js0 400 10S.10 mm too 9100 .100 3 :0'i too ton 1001 1500 10!) M)'l too 30 ) .10,1 0300 100 1400 tooo 300 400 1"fl .loo .moo too ooo lio-t too S300 soo uon 3001) SOO ; too 300 MICH BETTER TO!E . TO LOCAL MARKET Philn. Rapid Transit's Belated Rpspmifc lo Trollrynwn's IT ffgc Reduction ' The loeai market was slow in strik ing its gall hut after getting a real good nnrt ga a best showing wit nsfed for sorre time There was an appreciable broadeulug and expansion .f the dealings while prl"es were dls i,n(th lirmor in praeticallv all parts uf the '1st one of the more sir king features vhs supplied m the -trength and ae miry of Philadelphia Itnpid Transit vhi"h was presumably n belated re. spoDe to the voliin'nri acceptance ,.i 'he -age adiuftment by the trolley tren Qill'e n Mgnrmit demiMid -i.iiing fop the stu'V iiirnm: t m i.,t i eil ro I's. win, h included tl nn;. ng hands of one block of 1000 shares .it Is The oilier sir, it r.n . i ,, . ;i'd nol purticipate. but Philinie.phln T-aetinn on a few sales, held at ,". Dealings in Pennsylvania Railroad Ml off to a marked degree. The Mok displayed a much firmer tone The 'i jarterlj dividend of fifty cents a share ' which rame off this morning was re- gnliud and price was he'd 'ibo;e ,'!."i. wnn the dividend repivsenring a n"t ' gam ot iweniy-tixe cents a share. News of the application lo the Interstate lonimetce Commission for S.",70fl,floo , kmn for fifteen ,ear- by the ompanv wis without effect It was stated the 'niii.iL'' inoit prnpo-fn to me the money! to meet maturing obligations " i Philad. Iphin Herrrie warrants for ine nen preierren 'iock were again ou inr at on iTteentli to mi eiichtn. The IVnditu' P..nlit- pre'"rrc. stock at ihc same time dipped strike i" 2.V but the tommnn ) li .n at public, 'JP4 rieetric Stnraje !altei 011 ! inlHi. ,t ichtPc- i radlng was a dnilnr btel r . I.e. ..,mj ilgii vmsailon mine tlio .a in viun tcp-u. Fractional advanct". M. .re I In crops mncan Stores I.nke superior and iiimn Phi'ad'dphia Co . lmtilatm Mi rinl rleinii'i'l. I Afier tne openins. wltih was .". to I) I puln' lor. the market uctd neadj rallv mt to -stiturcny s clo-i 01 nattirwl i v" inK I'inancial lirivjs lb- V-i lr- .1 ' r t0 ' Hr-t .1 o.-.Mt'.- N-T n-'r fTc- . hrci MHO '.r., 11 K, , .SJOiatS "I'M' T f.-ly- n'ri- ..-ii. a thi-i nn IWi'-tiC'i mip tul Ala fn k ,79 n 4S41 5M wr 12 Ih. ndlmr llllv fiuartr jnd S3 02s. 127 or 17 flo iftr ame frt"', o orir ii t'Ji Tjn. n Th. V"ai 1 t " IT hi- r""""d', flurajco. Mm L' - Wheat Cluraro, Mm if . 1 n nj psr rpi tf 71 .with a H J'M .ini 'n - ii ti im tr Stirp uji rci n-l i p tftll r t.7 JS 1?7 tn rVt f(irr- '0'.r rrifr (4 fo" t r ia fy it ;:s i?t m fSf riin- o.'ft m corn U. I narrl Jl r.-t IW1 Walnut ti r-ft i 'cU lli ornnit'. "dx n'href'd ir UtM r- i fire fT tr -n fT"ntr 'ltd 'hU F!Mr, ,-' f.i 1 p,l,l r. for ravm-nt ef uhierlp"n4 to fi pr 'ttpi I- , n, I . 1" - .r T. - p 1 n -4 nt,9 fl,. -'urn l"-irr ' ',"i SO pi r.nt p.int ng n firm ir(.ti-nn nn -ubi-r nnr ir union "lo. t , " in' rnm,p. lv-"tt Kmk n Wortd it'fH rrnr,.l Plf. ' ... 4 r , Vw Tori, an loiln her i ,i J 'C In, firm of BANK CLEARINGS ' i ..i nim -! . .Tr'M n, n cor ' ''I" for ' fr" moveinriit. r i.iir ti- ' 'o ae i prnnnnrnt wiie houae had order , , .... i7e"-mi. )i trn'HM i,aV4i '" '" '-om and M iy -farted c tr. ,r .it. '7n n7 eni oar. D'is ia.i ht.s S7 7fcf higher; July hjf to 7c higlier, and i .. si-..'.! eo jo-J)h 37 est 070 Reptctnbor '-jc to "Jr higher. On the upturn there wos wottered selling. National Bank Call it of April 28 Mav oats opened Vjc to Vac higher, irslilnki"n ' 'he onii'ralr of Jul 'Ac nc orni'Ton'r or "i '',' n ""i ' tn NEW YORK STOCK EXCHANGE TRANSACTIONS Dlv in nih Adams Bprs l Achance numely .. ItH . AJax liubbcr 37K Alanka Gold Mines . r, 4 Allied Chcm & Dyo... 44JI 1 Allied Chem A Uye pf 8SJt 4 Allls-Cnalmers 3V Am Agrlo Chem 7J4 4 Am Bank Kote at .. Am Bcot Sugar 40VJ H Am Bosch Mapnoto . . 08J4 4 Am n Shoo Vdy new. JI0K Am Can 3254 IS Am Car Kdy . ..I2H 7 Am Car & Fdy pf .111H 4 Am Chiclo 34'i. fl Am Cotton Oil II W Am Cotton Oil pf (3 Am Druir Syti t Am Hxprcas SM Am Hide & Leather. . 13 Am Hide A Leather pf U Am Ice ); 0 Am Ice pf 05 Am tnternat eorp . 4S 1 Am-I.a Franoo linic I0S a Am Ltneefxl , . 4 0 Am Locomotive . JIM Am Safety lUnor X Am Ship & Com . oji 1 Am Smelt A rtef. . 44 Ji 7 Am Smelt A Itef pf.. 1794 0 Am Smelt Sec A . . 70 3 Am Steel Foundries . SOlj ' Am Sugar Rcf . . . , MH Am Sumatra 78 9 Am Tel A Tel IO8J5 l Am Tobacco . . ..134 13 Am Tobacco1 H ..120X 7 Am Woolen . . 80J Am Zinc Lead A Snilt 054 0 Am Zinc A Lead pf. 2H Anaconda Copper 43j 4 Wo Dry qoodn. 31 H Ateh Top A Santo Fe 83 . Atluntlo Fruit 6 to Atl Oulf A W 1 S S 40 if, Atl Oulf A W 1 S S pf 33 JS Atlantio Pet 3a;4 1 Italdwln Locomotive . 8IT Baltimore A Ohio. . .17 Ji 1 Baltimore A Ohio pf 49 3 so Barnsdale CIbjb B . 37 lUtopilaa Mining ... A Bethlehem Steel r.7! Bethlehem Steel B .. BJ Booth Msherim l Brklyn L'nlon Gas. . . 58'j Brims Term S Butte ( oppor A Zinc. US Butte A Superior Cop HU I'nd'lo Central O A 11. 17 J4 0 r'alifonila Packlnc !4 ''ilifornla Potroloum 4H 2.W Net (SY tin) Chre 3 - 14 , 17H- H i a7 - H h un ? , 4ji- m 63 H i 40Hr Vi H t- 14 0 ' i , 33K m I. 4 8 21' 03 - 6 130 f llti- J4 "K-r 3H !i ! ot tOH-5- 4ft !- l$ 91H H e - i ot- i 434t t?i T7H 70 1 i 30H V i MJ4 a 7,i m I 108)4 4- Ii i 124 3 , 130H- n SOU 4- TVs 9V4- M I 38 43H- ti 34 83 j- 4 e i son a li 7 'a.irornu potrol pf 70 I ' .r Zinc & Load. . 'j lo Canadian Pacific . .J3 Case .1 I ; fVntra! Leather .... 40 7 Central Lttither pf . 77 ! f errode Pasco . . 30", to Chandler Motoni . . . H ''h'earo A Ot W;4.. 7, Chicago A r,t West pf 17JJ Ch'cigo Mil A St P.. '.' Chicago Mil A St P pf 41 H 1 1 hi A Northwestern pflOO '1 Chicago Northwestern fi.Tj H; lneumat!c Tool.. 64M Chi R I A Phc VSK 7 Chi R 1 A Pac 71 pf 83Vj . Chile Copper 13), Chlno Copper 3,?jj Coca-Cola .10 Ji a Colorado rul A Iron 31 6 Colum ;as A Klec. 00 K'-J col nr.iphophono . . . 7 Col Oraphophonp pf . . I Comp Tab RccordB. . . Consolidated Dis fn. 7 Contolldnted ,an . . Consolidated Textiles. 7 Continental Can Continental Candy H 1 Corn Products Itef no ci osden A Co Crucible Steel . S3', Crucible SUe pf wA Cuban Amer Susrar ?.1'i ' uban Cane Susrar . IB'. Cuban Cane Sugar nf .W,i Denver A Rio fSrande Denver A Rio Or pf. Itf rire Mines . . . . "40 Hi I Klk Horn Coal . . -. . 30 i Krl . . .... 13 Krle 1st pf IBS Krle Jd pf ... tVi r, lidirott-.Iohnson .. 6BU ' Kndlcott-Johnnin pf.. S4tj s Fimnui P',ive"s L 81' t Pederat Min A Smlt pf SS III F'sher I!od .... 80 Hsk Rubber .... 11 J Castou Wnis A Wis . li ("iener'i' snh'ilt .... 74 0 General Cigar . ... SO s O'neral IHn-ine ..HCJi 1 Oenernl Mn'ors 14 jj 7 C,en Motors deh 7rc .78 r, Goodrich rt r . 4'4i-i 7 Goodrich B F pf . 7B Gianbi ''ni .,,1 J.r rf M 31', 7 Ortat Nortiiern pf . . . 7tT, I lt Nor Oie ctffi. . !!0)a oreeno in.iriit Cop '.'.i Gulf Statr steel .171i I Haskell A Barker (.fir 'B'r II. ndci ctf- . v'.lij Houston Oil N'ji', I ll'jpp Moto.- Cur I0 3 Mydraulif .steel Vl't f Indian Refining Co . 10 Inspiration Con Cop .17 lM.rh Con Corp i, ' iterb Ton Corp pf . I"! ' Internal Aerlcul 0 Trt Agricul Corp pf . . W lntern.it Motortruck 41 '? Ini Mcr Marine. , . . II J," R Int Mor Marine pf... J-Hi ; Tnt Motortruck 1st pf 7t 7 Ir.t Motortruck 2d pf ( ln'rrnatlonalNlckel . 17 'Miernatlonal l'apr .. 64.( nvlncihle Oil Corp. 30j Island Oil . . 4H -ac1 Tea II le-l Tea pf 7S Kansas Cttv Southern VS n 14 1OO1) bushels this tnori.tng, but this failed to iiuiieiiahre and the market turned Mi-onc; with cthir (;riiis Commodity Markets COTTON MARKET New oil,, Mn - The cotton miir i,et hail ai otui-r r!ow opcnitiu tolay. LOCAL MINING STOCKS TOyoPAH STOCKS ih lie o.itcome of the Rritish cnsl and Hie Herman reparations, the nppainitlv. ic twliing very little in -lie ninrki t Then was i-mill hi Liverpool and Japanese In "jh lioj llm fiuiisr MarS'umitra . 1 rex-'nt Mlnura M.iih Kz M iniiiia Nonh hur ltepu Kulj Tonoph Kxt ViV-i Knfl Wi-ii Tonorfc'i tin' latter di.poiiiK ot n v, while .New OileanH and a few iinn hoiit.e iuriiishe the oniy Dl' liiK Alii"'! iji,iif n lie liio . Tlflii hr nc-t-h!r nxi Hn Hur 1lroui.li niMdi. Iulde Git nivnjo r;uri IHncenrt i;oi P1nle llarrnlll lBibriirk rn. IMcli I'lvlrle Knox tlnort 7nu' tteno Dtild Rou hllvr Kin fiuthvr'atnl Tonorali nt'lds Innopfili Hinlrpiirk Vlctnr nl' Vrde FMvldi Zone . IS' IiMk h "tn 12.12 I.' 1 13 3 1 St tlrri.) 1 m U an 12 nn n 2 S, r Ok.' 1J I'.l 1J 71 13 is 11 M GRAIN MARKET iiari. scattered buying and lack of pif Mire Mm opened Ic to 1 i,Hr higher and July unchanged to Ic up. Strength was vgarden as tin enter in- flui nri buck of the buying Ileceipls itispeited Saturday were 1! -an.; lus Mar 'J cnr. The eafb market was firm. with n ood demand Export husinew was restricted by the upturn in prices anil ihe politics! situation in Europe Weather report tndieute little haise with continual rlnudiiiPHK and mibnnriml teniieratuies over much of the winter wheat bell, where nuunhine end warmth nie needed. No deliveric loi.nrir.t.D stocks riooih ' onib Friction ("rarkerlmk , DUmoiidfl'Id Dine Ilul r loineo fVildfleld Con iGol'JIold Ufp OreHl Bfnd Jnnil'O Kit Kewnnu , txino fltr Oro . Red Mllla 1 aitvor Pick on Jlay contractu are reporuso yo tar. Coun'ij offerlnsf. to nirie, are Icrht aid roiidn and weather ore not favora- .iponrrnad MIHi Imn, rr ArUnnu United ,raedoma V.itn .. I Emms plhvi , Kurrkj Crceaut 1 Rurka Holly IHarla Molhtr ,yj K- 4a IT i fo ,e hlgner ancl eptember r "(C ip Drenh ins expoeteu (n i i.i i ' ; i.'i DlT. In I ltlh 4 Kelly.Sprlnrfl!d Tire. 43 .. Keliey Wheel ... 117 tCennecolt Copper . 21 Keystone T A R .... HJi , Lackawanna Steel ... 4JJ4 Laclede Oaa of St L. . 47J4 Lake hJrlo & Went pf 19ft X Loo Rubber Tire 2H 3 80 Lehigh Valley 80 Lima. Locomotive .... 77)4 3 Loewo Co 1ST 1 Loft Candy 11 H Loose-Wiled Biscuit . 37H 7 Loone-WilCfl B 1st pf. 106)4 0.23 Loofte'Wllen B 2d pf.. 13 Lorillan Tobacco . ..lM'4 7 Louisville A Noohville 8J4 8 May Dept Storos. .... 88 I J Mexican Potroloum ..180H 8 Mexican Petroleum pf 80 3 Miami Copper 33 1 0 Middle States Corp. . 18 Mldvale Steel 1M Minn A St Loula. . . 10)4 Mo Kanemi A Texoa.. 3)4 Mo Konsn A Tex pf . 4 Missouri Pocirto 18 (.J Missouri Pacific pf. .. .37)4 Mont4romory Ward .. 35 . Mulllnn. Jlody 34)4 .National Acme. Co . . 32)4 Nat Cloak A Suit... 38)4 National Con A Cable IJ4 National Lead 77 . Nat R XI of Mex 2d pf H Nev Con Copper 1V4 10 N T Air Drako 77 3 Xew York CantnU... 70)4 3.80 New Tork Dock 33H New Tork N 11 A H. . 17)4 1 New Tork Ont A W. .il7H 7 Norfolk A Western.. 98)4 7 Northern Pacific . 78 ft Nova Scotia SAC... 38)J .40 Okla Prod A Ref.... 8ft 2 Orphcum Circuit .... 29 Otis Stcet 13J4 8 Pacific Qob A Blec. . 50)4 fial 14.30D 100 moo MOO too 300 100 300 100 100 40 100 100 100 100 100 104 300 ion too too 7003 1J00 100 103 100 100 100 010) too 300 100 300 100 101 300 300 MO mo 2600 100 too 5400 100 100 SOO 1700 100 18200 18100 200 2000 300 J, 1M 100 too 100 42400 100 700 too 1C00 too 1040 600 too 100 200 300 700 1100 10400 300 3100 1000 1400 100 4000 SOO 1200 100 M0 100 800 100 300 2000 1300 0300 too too .1100 1 1011 too 300 200 atoo 2403 58200 1000 100 1000 4000 33G0O 400 2100 4100 1300 1300 100 too 700 ICO 100 100 400 200 too 4700 100 3300 0100 tooo too too 2J401 nn.i lion :oo 1000 'ji ino 100 2 2l 100 mo :no 79011 too 200 too ooo too 2000 eno 7000 1.100 100 1140 T.oi 50 57 30)4 17 5314 47H 19J4 2K 54 77)4 1814 11H 37M 106)4 9t 117 9SJ4 88 143 90 73 I4U 7H 1014 )4 4 18U 37)4 3)4 94)4 32 8!4 IX 77 4 H 76 70 31W 16)4 17H 95Vi 78)4 SJ4 K 914 t I9J4 S0)4 37X 7fi 6134 .34 Ji 11 47 X 18 S3 38 33 Xx 80 10)4 70 6 86)4 ta 16)4 89)4 103)4 49 M1J SB nri 72)4 34T4 33 9114 83 83 07 12 34 30 37 'i 3Ti 6'-i 0 9)4 84 tSH 30 H 43 65 75 !4 21)4 55)4 18194 108)4 31)4 43)4 67 )t 715 .. Pacific Oil 39'A Pan-Araer Petrol 7tri rrtii-jior a ... ... 3 Pennsylvania R II... . Penn .Seaboard Steel Peoples Gas Chicago. Pore MarquettA . . Philadelphia Co . . Phillips Pet Plerce-Arrow Motor. 8 Plerco-Arrow pf . Plercei OU 8 Pierce Oil pf . . . ft Pitts Coal Plttn Coal pf. . PltUburgh A W Va I Pond Creek Coal . . 8 Pressod Steel Car 8 rullman Punta Alerro Sugar. 62)4 31). 11 47 J 18 3: 28 41X SO 10W 70 04 86 sj 28M l 8)4 103)4 4 ruiq yjii 'loyj Railway Steel Spring H Ray Con Copper... I4'4 4 Reading S'H Remlntrton Typowriter 34 . . Replo Steel 33 Republic Motortruck 31 4 fl Republlo Iron A Steal. 05 7 Republic Iron A Stl pf B3 .1 20 Royal Dutch N Y GS'i 1 St Joseph Lead 12 Rt Louis San Fran.. 23'3 St Louis San Fran pf 30 St Louis Southwest.. 2S . . Si Louis Southwest pf 38T4 Saxon Motor 0!4 Seaboard Air Lino. . . 6 -Seaboard Air Line pf. 9)4 Scare-Roebuck R6J4 Seneca Coo Corp. . . 17 Sinclair Oil . ., 27 Sloss-Sheff . 43)4 0 South Porto Rico Sue 04 4 Southern Pacific .. . 70)4 Southern Rail . , . aiji ft Southern Ball pf M14 s Standard Oil of N' J 142W 7 8tand Oil of N J pf. .108)4 i Stewart Warner sp.. 33(2 Strombers Carb .. , 451, 7 Studebaker .... 90 Ji t Submarine Boat Corp 7'j Superior OH Corp.. . S',i .. Tenn Cop A Chem. 10H 3 Texaj Co . . 4 1 '4 . Texas Co rt 2)4 Texas A Pacific.. 20'j 1 Texas A Pac C A O 78H 0 Tobacco Products .. 54)4 5 Tratujue Wm Steel... 43J Trans Con OH. . . . itM Union Bag A Paper . 70 ITnloiuOll 22',i 10 t'nion Pacific . . .1171,4 4 L'nlon Pacific pf O.IJi , United Alloy Steel Iot;, ' t'nlted DntK . ... 07 Ji H United Fruit . . . 110.. United Kw-y Invest.. Ill United Rwy Invest pf 21 -, 3 United Retail Stores 5 I'SCIPt Fdy... IS). U S Food Products. . 21 l- S Ind Alcohol 73'4 sI'S Rubber 78J4 8 U S Rubber 1st pf . . 101 ia I S Smelt A Ref. . 34 i 1' S Steel.. S4'' 7 f S Hteel pf . . iBH 1 Utah Copper . . 5.7'K Utah Sue 10 Vanadium Corp .... 3s' Va-Carolltn, Clieru 7S a Va-Cai Chem pf. 81 6 Va Iron Coal A Coke 80 ViMiudou Inc H . Wabash . 7 WatM.sh pf A 20 4 J Weber A IMibronct 13 Western Maryland ,. 10H West Maryland d pf 17 . . Western raclflo . . .'7 7 Western Union Tel sl)?i 4 Westlnfthouse V. A M 48 'Wheollng ALU 9)4 I White Motor 4 4 White Oil Corp IB'j Willys-Overland .. 9 Wlllya-Overland pf . 41 8 Woolworth F W.. 111! WorthliiRtou Pump . 54A Ezdtndeml ) ? (OS 9J4 20JJ 28 57)4 42 H5i 70 21 X 1ti4 MJi 30 J, 97)4 IOD'j 9,' 9l)s 33!e 18)4 99 79 77'v 101 14 II 3 10SM .73'i 10 15j 2, 8.1 8G OS 7i 0X 1314 H 17 X 27 83 X 7. 01, 43 4 10)4 Oia 3014 1 14 14 51'., Philadelphia Stocks Hlxh 20 Alii Insur 1 US Am htr.. ."i UO0 Am Ship iS: I'nin. fl"s nntHald Loco liw 8 " S T's 0R.i nid OS .07 .IV Aik 00 in .1.1 11 17 O'l OS nr. .in in 1 ft prof . . . 10t 100 .07 .01 0.1 .17 ' m 32.1 KlecStor.)lT'..J 117 SO I,n Sun ST. s ju 1, en .Nnv. li 1 Ik" :i7, si :in4 It.VPa It It OllS ri" . 17 Phila Ins Wire... Ul.'l Phila Co in STOCKW 01 .01' .oa 0.1 on ..in .02 .0.1 02 11!) (II .17 Oil .01 U'J ,0) .n: oi,, 02 01 .01! OS 03 m Ml It 10 ".1 ns n.i 12 n-i 01 is 04 02 m 02 03 ll) it OS ni 04 111 04 02 04 S1W n fl2 O0l, (13 OT 03 05 OKI, .' Oft no 01 I f0 13 04 20 01 Oil JU I ,fl II" 1 cum pf. .":.' ' . Dli Phila Elec Ul, ir. do pref. L'.-i, fl5!) do war cah 1 ' UU1U Phila It T IS),, SPbilaTrac SI lo4)Tono Del l.i, 10 i; (j i.. jwt. 1)1 25i 21 v 1 1 Vs S4 I A i7s :7S 'Net chan tnade r. temparlson vp th las a. en Now Tork Hiwk Kjchanee Ri dlvU'end to,lk Pei,n , lift r nta i'iuuii;i.i'iiL lioMis 1H)0 Liberty 2d I',- 100(1 Liberty 2d 1'0 . , .. :KX) I.ibertv Ud Pis 1000 Lihcrti .til Uis IOOO Liberty .Id -flis 1100 Liberty .til 41?h 1100 Libertv -f tli Ills IS oa .01 .0.1 2000 Liberty It!. U,s.... JitOD Ilnidwln Loco t.t Ss. 2000 Dell Telephone 7s... SOO Pennsylvan 11 01..H. . , 2000 Pennsylvania fPis... 3.1 OH 01 02 n.s 02 04 l.do ;i I'lillaiielphla Klee 1 nt 5s... M Steel Men Dlscua Wage Schedule .New lark. lla 3 .Prasidenta of th erlous a ibaldlarj ctmnpanlne uf tho Unpad Stats Ste Corporation conferred bars to dar with Chairman B. 11. 0r While, no 02 KLINKOUS 1 4 announceineni was hium rt-rnrdlna- lh oh lct of the conference, It vrae undaratood thai ihu ousjllon or revised -ao aehadules T-nuli receive chief attention o 01 .10 nj rrn 4fti 4 nn nt Sotithwark National Pays I Th; Soulhwark National Bank hae de. flared tha raaular samlMinual dlvlderd of ref cant ard 1 n,n n viira faivioepo AtC ' lo. 1 jt record T' 7 : .. OIL ISSUES DEMANU ATTENTION ON CURB 3:80 Net (NT tm) Chit. 68 yt Yt 87 31 17 - 88)4- 47)4- 19J4- 294 50 ' V4 V t4 54 K J4 '. Most of Group Established at HlgHer Pricon Industrials Conoralh Quiot New Xnrit. Mav '2. The market on H !4 H 1 37H-106W- 99 - 148J4 8)4 88 - 149 4- the Broad Street Curb showed a gen erally strong tone with the beginning of business today, but tlio o1ume of trad ing wos small in the aggregate, activity a H 3)4 us B0 f 2 nnd slrength bolng roncentrated in n 93 -14S- 28H 10)4 9)4 4 18)4 37)4 4 34 94 ft-- nft- 3)4 -t- li 77 4W- lH 77 t 70)i 17H -38)4 few issues. The oil storks demanded most atten tion, lltesc shares being In urgent de mand, and most of them were estab lished at materially higher prices. Stan .).) rii, nt TnrlUnn moved tin from 70 '4 U i 1W IK Ji '4 to 77. but later" reacted to 7514. The heaviest trading wa In Simtns Petw leunt. over ;10.000 shares of that stock (Hanging hnnds nt u y to iz',. Arkntihas Natural la. which was under pressure during the last week, whh one of fhn strong features, advanc ing to 17. Elk Basin was alio active and strong, selling at 0 to 0. In ternational Petroleum was traded In nt 10Vj to 18:Ii. Carib Syndicate eold at 8 Rtid 8. Industrial issuee vrere generally quiet. Amalgam ted Leather movrxl up: from 11 to 12 nnd Acme Coal was traded In at 1 to I'A. SouthVrn Coal nnd Iron 'i !4 ii )i Vt Ji 3H 29 13K 5014 4- i wos firm, selling nt 0 to icj,. mere 38)4 4- l!4 was heavy trading again In Sweets Co. nt 3 and MV.. Chlcagr. and East Illi nois sold nt lli?i nnd 12. There was a small amount of business in Durnnt Motors at 2P4 to 21. 7094- 02)4 3)4 4 11 47X4 18 39 98 40)4 , 80 IO4 70 4 61 4 86)4 2SX4 15J4 4 89)44 43 - 2S!Jf 4 4 IND03TEIAI4I 1:30 p. ni. i!2 41 12S ,0li e 3 s ltlah 13 41- 13W 10 V. lw m ii 41 l24 A '4 Auns Coal . ... Ainr leather . Auto Fuel . r t E Durant Motors . Umpire Kood . . 1ntr ItuMwr lrfeclloB Tire Fouthern Co I Sirreti Co , . T.l.nrl. ITlIn X H 11 !4 X X X ii 3 IX V a Ship Cort . . U S Sttam It STANDARD OILS btand Oil of Indiana ... 7 75' 73!i IXDErHNDnNT OIL Allied Oil .. . Arkanaaa Nat Oa lloono ou Huston Wj-omln Carlli Syndicate Cities Soi-v "1" . It . 17 IS lOo 'i 30 . OS ltf l.s l OVy ''? . ivi . 4 J . .10U . Ill's . 31 . IS . 1 . ia . 14 1-". . 5S II) 10 17 IV, 67 8 80 K IAS 42 aou ias 30 IS 1: 42 u'4 IPh . s 87 8 no T4 14 iV U lrtS 40 .10 12S 30 114 42 . '1 I3J, 1 ctf ; nonny on . Klk tlaaln Pat Hnzlneera rtrol 1'edoral oil . . Olrnroclc Oil . . Oronada . . 014 4 Itt a - 1 ?, 07X 12 23)4 30 - 27J4 30f4 4- 6X n -) 9H4 85 -17 ''8T. 'A '4 '4 !4 X Vi Vk 2 'a ' Outlay Qlllejple Hudson on Inter rttroleum t.ivinrsion Maracalbo Oil .Mtrrltt Oil . .Mexican Inv . Mrileo Oil . . Mountain Troducta .Volilo lied Hock Oil Salt Creek Trod . . . Slmms I'ot . jlikeny oil j inxon ' L'n Texan Oil 4.114 v 65 1-10 t'nlted 'loyalty Victoria Oil (new) . .. MIjlM) Alaaka-Drit Columbia . . Hooth lloaton A Montana Caledonia Mln . . Calumet 4: Jerome 78H 4 21X4 'j 45i- 14 153)4 4 I 108)4- A 32)4 -I- IX 4X -- H 90)4 4- I 5'4- X ' - ', 10)4 - '4 41 4 ' 9)4 .. 90)jM !4 29)4 1)4 54 4- .1 60 II 3 0, 11 a 80 11 48 7 74 IS B 07 1 1 30 2 0 IB toA ,?H II 0 52 S 4-2 ,1 1'4 14A candelnrla Mln Cons VlrglnU Coriez bllier Cieaeon Uold .... rcacent ifjcNamara Kmina Sliver . . Kureka Croceua Kureka Holly . . UoldlWd Oona Ooldflold Development Oolddeld Florence . Cloldtleld Kewanas Ooidfleld Silver Pick . . , Ooldneld Zotfl Oreat Uend . . . , Heola Mlnlnr ron Hloscom . ..... Jumbo i:t . Kerr Lake Knox Divide MacNamaxa Mamh Mining Mother Lode Mother Lod- (new) . . . .National Tin Nlplailnit North Star Ophlr Silver rrlnc Cone Iter Cona Uocheater Mines har, To SUer Kins- Dlilda ller I II 'I Nev S Silver Lend . Suceesi .Mlnlna- Tonopah ll mmit . 40 48 . 7 7 74. 71 IS 14 . II) II 2 ' OS 6.1 . liV "1A 7 7 1 I 3(1 3.1 ' H 10 1(1 2 2 4A 1'i Hi 15 7 1) IIS as 17 17 14 14 I 0 .' .S.2 5 (, ' 1' R . 4 ft (i 1's l's . . " 14 14 7 7 4 4 10 .30 A If: 1,". H, 14 j 9 1." IS IS I ,'. a s . I 18 P A IS 1 1 4 IS 1 4- lft. mis aas 074 ?; 0.11. n.is I'ios iftovl nn V;,! '! wis r.o'J 07. pat; 0B' n; nns oft s on'! on H0' (ini, ft.1 IMS a 7 1104 ', 9Hi 70 7.', ni no 95 93 S 0S 10l, Hii. 191 '4 wis; wn w.'v lots mi'Z . 94 904 094 994 43JJ 1 11X 70 -22)4 4 I1?!'4 4 03 X f" 30'4 -07)4- H 54 '. !4 !'4 54 1!4 IIO'A-r Ji 9H 21)4 14 X l' 18)4 4 )i C32J4 4 IX 73 ?4 T 78 '4 101)4 .14 i 8)4 - 108X 55 I 10 - 38)'4 i 2S 4. 8.3 -86 !'' 37 .1 IS 9 in IS s 8 1$ I ii.noian iiinde lenopah Hvfnslim Tonopah Jim llutlar Tonopah Midway . Tonopah Mlnlns . Tonopah Jfupah Tonopuh Monuna Tonopah Rescue Hula V S Cont . . . t'nltod Ilaatern Victory . . . . Wet nnd Cona White Capi Wllbert . , . Vulion Oold . novns Allied Packers 6s Amer Light ! Amer Te 0, 1022 . . . Anaconda 7a 1029 Anclii.Amer oil 7Vaa . Ilarnailall Heth Sleel 7a 193S . . Clilrairo East HI Bs . . . furM Tt I'opper Kiiort 8a 1023 Copper Ksport 7 ia2 Deore. ft Co 71, . r (loodrlch Tire 7a . . I I 3(4 ' 3 6X- 7H4 20X4 13X4 10(4 4 17 Ji 4 27 4 9)4 43)4 -t IK'i - 9VJ 40)4 litis. 53t 4 IS r. 4 IS 14 H 54 ' A Vt 54 !4 li '4 Mi "4 ' 47 04 97U 03S 1004 00 OA'4 ,',0i; 07 1194 tins 914 nut, 034 97 94 7.-.S 0, 11 r. 9SU wijl 1014 103 1044 904 994 (irand Trunk OS a Oulf Oil 7a llelnz Co 7s Interboro H T 7a Humble nil 7s Nat Clook Sa Soullmeat tlell 7a Pland Oil N r 7s 1027. Stand Oil N T 7a 1!2S Stand Oil N v 7a IPSO. Stand Oil N- V 7a 1031 Swift 7e . . . . Vv'eatam I7lec 7s 1 1ft P m IS N't chgo oVt i. iTr.- t FOREIGN EXCHANGE New York. May 2. Continued itreligth marked the opening foreign exchange market today, with sterling allowing n furthir fractional advance, while franci held firm .it aiound Sat nrdov'i closirg prices. Lire alto showed ','niiiR. Thi qnointioiis were; Sterling cables ,T.f7 v demand d.Iluij : funic- cable 7.7S. tlink 7.71: lire cable -LS-t, cheeks -I..S2'., ; SwUs cables 17.W, cheekp I7.S7. neVeta e.i bles in.08. checU 13.Dft. guilder ca bles SS.1S. checkH Itt.t.l; Slockholin c,blc K1.0S. cheekii UH.C) : t'hristlaula cables 15. SS. checks IS. SO; CoiienhMgin cables 1S.UO. cheeks 1S.1S. Ileijlan ca hloi 7.72. checks 7.71 s : moils I.S:;).'.. SAIUUDAV S KI.VAI, qiOTATIONS Starliriw Kranes Lire Oulldera Derne-nd a 9.V4 7.73 4 76 !inn 100 1 Vj u-'ii (Ti 1 .1.-114,4- 1, SI .TUW-'- 2 -!.. 2.VS- Ul'i.. 's 1S14 S-1 . . IA.. .".rsii- cables .19H4 7 7.1 4 81 3VI0 W.L'fl fi7.riii fto.iu fio.-in io.:m tudat's rjl'KNINO QCilTATIONH Unill'""' -tT' J'1:.:, "ullder. af.Sl t-JJ i!.1 SMS .Demand 'Cables 8 074 4.M ia in MONEY-LENDING RATES NKW VOKK- Monej op ti,l both rU-ss 1' V,1,i!"''' 2r,n"' ""lis ai 7 Dtr c,nt . . .S7 12 lots S7.S1I lots 0.T , lote io:i ... uo wi inii'jiii-t, ai ri'j nrAiric Piril.ADKI.PIin-Call B per ren 11,,,. per eanf commercial paper ihrve i i, Imonlha 0 pej- rent. I Nolo--Tljeae are merely noin'nal o.g,(a. tlons tha leaal rata of Irteiesl In iha aiate ;of Pennajlvanla bolno nsed al a per ceni 1 1lu premium and remmlssloii time moiiev 1 for thirty In nlnelv .lav. 1. !..!!" .Ve lots OS' . SS per teiji while eommarelal paper from thirty 10 ninety days la loaned al 8 to 84 per cnt. I Raw Sugar Quiet at 4.80 Cents Nw Vork. May 3 The rasr aucar market 1 .fn,Lnl",' ,.,J,;,on'1 ,bo"1 unchanged on the bisla of 4.86 canta. duly paid. There were no aalea reported on Saturday 1,,,: Extra ponatlons Included 38.000 ban of Cubaa '' National- Bua-ar neflnuTr Co. ancl 7S00 baa San pomUywa to th Amirlcan s i' It'Onlcs fo The lo'al renned suiar Ol kr . 1 lichanje.l 'user or I per tods Coupons Payable at this Office May 2, 1921 American Gas Company 2 Yr. Convertible American Railway Company, Income Buffalo Creek & Gnuley Railroad Car Trust Cheiapeake & Ohio Ry. Equipment Trust Seriea Illinois Central Equipment Trust Seriea "E" International Traction Equipment Truat Marion & Radnor Gat & Electric Co. lit Mtge. Southern Pacific Equipment Trtut Seriea "D" Sun Company 10 Yr. Sinking Fund Principal Dua. Commercial Trust Company Member Federal Reserve System CITY HALL SQUARE ANNOUNCEMENT ON AND AFTEFt 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 DELL TELEPHONE NUMBER Spruce 7910 MOORE, LEONARD & LYNCH Cushman New ha II, Manager 1503 Walnut Street MEMBERS New York, Philadelphia and Pittsburgh Stock Exchanges STATEMENT OF The Commonwealth Title Insurance & Trust Co. nt the Close of Business April 30, 1921 ASSETS Loans Secured by Collateral. J3 226.406.46 .1C2.649.93 730.6S6.20 8,000.00 D3.6S6.St Tionds anu Mortcagea uondn and StocKs J Ground Rents Accrued Interest Ileal Entato N. w. tor. latn and CbChtnut Streets I Other Ileal Estate 5n0.O00.0O Bl, 138 66 '.'7,7 1 8 32 Miscellaneous I". H Bonds borrowed from Federal Heacrve u.'ttiK for cxcbaiiKe nct.eno (fash on hand. In r.anlc and Municipals) 366,000.00 S61.S46.06 Total .$10,400,222.53 Total little to Companj a present btnldlne a takan aubleet to a niortaape ot 1400.000 00 which wna paid off In February, 1021 Th incroaae In 11 o Ileal 1talo account Is rep leetnted b this transaction Trust Funds Invested . . Trust Funds Uninvested Total MALCOLM LLOYD, Jr., President WASHINGTON NEW YORK WHALEY-EATON SERVICE announce the opening of New York offices in the Columbia Trust Building, Fifth Avenue and Thirty-fourth Street. HnnnmfflnniinniH ; TANK CAR EQUIPMENT 6's due 1922-1923 Price to yield 8y4 t These i rrtlflrutes are eerured h 5 first 11, n npon new in oon gallon 3 capacllv cara ni 30', of the crUlnai coat which Certiorate are Iwiln ra duced nuarlerly, tit In remaining In ( the hands of the Tiualee until tha iaei eonoa a-e paid Thas- iMr. wei. tuilii h ir.e American ur A Kuun!r i'onipan CerttflftAlea are i.eue I liv Hie Hlmm. r Oil t'ouiDun) ii lorpOi-Htlon nhirli hsa no funded lndeliteflneNh n,H re riorta tanalhle easeta of nt-priH malel 120(100 000. J'nec and tio rt leu Jar i on npplVea'ioii BIOREN&CO. IVitnbllslird 1M-, 410 Chestnut Street Members- Srw Toil, anil rhilrulelpliin Nloik Vrchnnnc wjwiran lawriaiiiaiiHiiiiHniin m immK Charles Fearon & Co. Rankers 333 Chestnut Street ' 7'. 7'a S's 4 54'. 5'. 6'. 5'. 4H'. 0'a iR' LIABILITIES I Capital Slock 51,000.000 00 I Surplus 1.250.000 09 1 Undivided Profits 306 230 05 I Ite.ierve for Depreciation In Securities 150. OOO CO i Hcuervcd for Taxes 19.247.J1 Miscellaneous 24.297 8 L". S. Bonds Borrowed for fxchansre; 365 100 00 Dlvlilenda Unpaid . .. , 4SC0 1 Dividends Payable May 10th 3O.000.C1 'Deposits 7 0R3. .9 "t $10,400,222,53 $25,301,257.74 77,165.67 $25,378,423.41 JAMES V. ELLISON, Treasurer PARIS Tt tnAr prnsitie lit fjiinoWtejjo- that Mr. Charles B. Durborow formerlv with the lcirt Nntloiml Wank of Phila i1"'lbln bai tills day become associated vsitli us In our llond DcpuitmciU WloiMlt Biost PMllAoilfrll Afinftri PiiUMfli ni AVa Yirl Sntt i-uij.ri wiih tuuaiTRiil- - " I w v", a al f"n taTWTaam auxaafnt. a. a- rT Liberty Bonds Bought and Sold Edward B.Smith & Co laTisusHiD IS8S JUmWrs New York and I'hlladslphl Slock Kichantsa 1411 CHBBTNtlT HTKEBT PJULADRbPIIIA, 1A n1
Significant historical Pennsylvania newspapers