rc"v . rx-ii WV-'h '. .'""WB W It l -, ". i i J - A) t T ml - t-f -i,,. ;m ft; V Vr I!..- It1 fr t ft! ;,1 te. ft fc- Sv- ,W ,, ,- MiV , S.Ytr-' I - """1 ""M"""' f . a aT a a 111! I . aaaa a TREND OF MARKET 1 new YORK stock exchange transactions I Dlv. In I V..-, 20 Best of It; Kind The Automatic Switch board? of the Keystone Telephone Company are financed through an issue of Equipment Trust and First Mortgage Collateral 6 Certificates. The plant is the largest and most mod ern in the United States. It renders a perfect telephone service with no loss of time and every connection consti tutes a private line. The certificates mature November, 1929. They yield about 7.60, tax free in Pennsylvania. We recommend the in vestment. HARPER &TURNEH Investment Bankers ktmbrra 0 rhiladtltMa Stock Hfchanet Stock Exchange Building terfm Philadelphia EVENING PUBLIC (LEDGEKt-HhIaDELPHIA', THTJBSDAr, MAY 19, 1921 ' -. k, Ktadtng CANADA AND HER RESOURCES While agriculture is the backbone of Can ada's industry, coal, timber, wood pulp, gold, silver, oil, nickel and natural gas are but a few of its natural resources. We have issued a special letter de scribing the immense possibilities and re sources in the Domin ion of Canada. Ath for L-30 J. F. McGOVERN & CO. ' Utmbtr nf rbJIa. Slotk TCrrhanr 1430 South rna Sq., rhllo. run 6416 But 30to xorx sx iirowj Order xroilM In all Market rer (sat Direct Win pTutJuuffcrOTaOTT INVESTMENT OPPORTUNITIES IN THE current is sues of C a s s a 1 1 Offerings arc listed conservative securities which we believe are worthy of your consid eration for the safe and profitable invest ment of your funds. K-ndly oak for Circular K ID CA5SATT WCO. COMMERCIAL TRUST BLDG PHILADELPHIA KtWNTWK auxiMCRt-MmeuRisrt-sauorKM e esS5STCWB53r WAS REACTIONARY Number of Soft Spots Cropped Out in the Industrial Division New York, May 10. The trend of today's Mock market was decidedly re actionary. The dullness which fol lowed the lower level of prices Indi cated relatively little long stock was being dislodged, but still the whole list disclosed a striking lack of stability and feeble rallying power. It would have been difficult to point out the Impulse for the renewed droop ing tendency.' It was attributable by some to the disquieting dividend changes announced yesterday and others ex pected to be made In the near future. As most of the omissions and reductions had been anticipated for some time back they hardly could be regarded as factors. There was little else of a dis turbing nature, except that money rates continued firm. So that the spotty and ragged nppcarnnrc of the market might be said to be due more to conditions within itself than because of outside influences. One of the more notlccnble features of the day's operations uas the dimin ishing dealings accompanying the de clining movement. Another was the conspicuous heaviness of u number of the Industrial groups, more especial!) the motor, independent steel and to bacco shares. The entire market, how ever, proved to bo surprising!) sensitive, as indicated in the progressive head way of tho professional pressure throughout the morning session Tho Independent steel, motors, equipments, sugars and utilities shared in the general decline of 1 to 3 points. Numerous specialties whose dividend prospects have become increasingly doubtful in the last few days wen? heavy or tcak. Famous Players. Scurs- Itoebuck. Remington Typewriter and National Enameling lost 1 to -1 points. Dividend-paying rails of the tvpo fea tured by Northern Pacific. Canadian Pacific, Great Northern and New York Central forfeited all their gains of the previous day. Chemical share" ver the only specialties to show a strong tone, rising I to 2 points. The active lenders roistered addi tional louses during the dull mid-session. Steels, motors and oils as well as metals, sugars and textiles were con spicuously heavy. Postponement of dividend action on Hocking Valley co incided with reactions of 1 to S points in the coal group. TRADING FLAT IK THE LOCAL STOCKS BABSON (ihea a tecond warnlnr on Bonds. "Study fundamental condition." Such a study will show vqu that xitoned old Una Railroad bonds are a most at and profitable Itnest msnt. List B-2 will be sent upon requsst. Look tomorrow for Bab son's next Injunction Viemm Bunj. ptiiLAoamu Mmhn PlihMlpht Ncb Yort Sbti itltrr" raiui tuuimai Excepting Few Obscure Issues, Prices Throughout the List Were Stationary Excepting a few obscure issue the greater part of the local list was sta tionary in today's market. The hang fire character of the market was entirely logical in view of tie surrounding re straining influence, particularly the re actionary trend In the big market. The unpleasant dividend actions, however, of the preceding forty-eight hours had a. dampening effect and chilled what lit tle market enthusiasm there existed. The drop of 3 points in Consoli dated Traction of New Jersey and the H-point decline In Minehill carried no particular significance except to empha size the thin market for all the inactive stocks. This rule applies also to a number of the old time popular issues. Considering the drooping trend in the other markets most of the local shares held up well. Electric Storage Battery on a few sales advanced to llll'fc. There was slso a ' -point gain in Lehigh Navigation and Philadelphia Electric preferred was a shade better. Dealings in the rails fell to small proportions. Pennsylvania Railroad uu pegged at 35, but Lehigh Valley shaded to 54-. Small lots of Brill were picked up ut -10. Philadelphia Rapid Transit yielded to 18, and United ftan Improvement was lA lower at 37 VI Announcement of the expulsion of one of the members of the Exchange was without effect. The incident apparently had no connection with the commlt mcntH of the firm. Philadelphia Stocks 111 kl 1 1 a. 1 lm We Ilrrommrnd for Intrntmcnt Laurentide Power Company 5s Cedars Rapids Mfg. & Power 5s JosepKW.Gross &Co. 1421 Chestnut Street Carrcipontlunla Aldrtd fi Co. Hlirh 3 Alii Insur IS 10 Brill J O. 40 100 Con Trac N J.... 33fi 10EIecStor.ll3V? 44 I Ce, N A 20 K 400 Lake Sup. su Len isav. 60 Leh Val.. 4 Minehill.. 120 Pa R R.. ."JO Pa Salt.. 25 l'hila Ins Wire. . . !i Phila Co 12ft Phila Elec 22Vti 110 do prof.. 2ni 054 do ret f n 20 100 PhlloRT IS 200 Tono Bel. 100 Tono Mln 50 V O I . . . 3 Cni Cos N J . . . 1.15 Low P. 11. IS 18 40 40 Net cine. u 6m 43 35 71 51 32 U Uk 37 33 3334 113113A. a "nv. "mf.. OVi M oflvH v. 43 2 107 II Vi -II "j G(Jv 54aJ 43 35 71 51 22 2Vi, 20 lfi 1 V'r 37 1 107 51 32 ft 2215. C. S. PATTON & CO. 3D A rilKSTNTT hTS. BANKERS Kurffanor to SA1I.EII HTEVKNSO.V Ilinil and Storks l)(itnht nrul aold Member? ThMa. Sto-k Ktrlmnyi. Lehigh Valley R. It. 6s, 1923 General Gnu & Elec. 6s, 1929 Ilershey Chocolate 7'jh, 1930 HENRY D. B0ENNING & CO. STOCK BXCIIANOU UU1I.DINO UUrct I'rUttte Trlephone to New York Member, l'hila. Hlock JUclianit 1500 1000 2000 S000 500 100 1000 1000 2000 5(K)0 lIIHIKIJnL HONTJS Liberty 2d 4V,s.... Liberty 2d 4,is Sales 300 too 300 300 100 100 300 4)00 100 .100 700 S00 1000 100 400 300 C 300 300 7700 100 too 300 ;l 1300 300 1400 300 1300 1000 0S00 3300 6700 100 1300 1100 3000 400 100 600 3300 100 100 3S00 300 3000 100 300 3000 30 100 too 1300 ton ooo 1800 330 100 0400 600 100 300 303 30ft 300 1300 1400 4S0O 400 100 100 100 300 100 1100 400 100 300 300 000 3100 1000 UR00 4B00 SG0O 600 E700 100 300 300 10(1 100 3000 300 303 1600 300 330 100 100 3730O 100 300 7600 3800 , 4300 100 10W 43l 30 7W 300 S00 300 4 300 1600 1 1000 400 100 3000 1300 n 100 7 600 100 300 6400 300 3000 3000 loo 300 3100 4 .100 no High .. Advance rtumely . ... 17W AJa Itubbor 31 Ji .. Alaska Gold Mlnss... "H Alaska Juneau O M.. 1V4 4 Allied Chm ft Dye... 45 7 Allied Chem & Dye pf 00 Allls-Chalmere 38& Am Agrlo Chem 80ft 5 Am Bank .Vote pf.... 8H Am Beet Sugar 3994 Am Bosch Magneto... 46K Am Can 30&4 U Am Car & Fdy 13H Am Cotton Oil 30 J4 .. Am Hide & Leather.. 13H . . Am Hide A Leuther pf '4 4 Am Ico SIM fl Am Ice pf 63 Yi Am. Internal Corp... 4R 7 Am Llnsoed pf lift Am Locomotive 87 W 7 Am Locomotive pf. . . 10.V4 .. Am safety Razor.... oy .. Am snip & Com 4 Am Smelt & lief. ... 3 Am Steel Foundries. 7 Am Sugar Bef 91 7 Am Sugnr Bof pf ...101ft Am Sumatra 64 0 Am Tel & Tel lOSJi 12 Am Tobacco 127 6 Am Tobacco pf new.. 89H 12 Am Tobacco B 125?4 7 Am Woolen '. . 77 . . Anaconda Copper . , . 43J4 o Atch Top & Santa Ko 83 7 Atlantic Coaat Llno. 83 14 .. Atlantic Fruit T,i 10 All Gulf 1WISS'.. 39ft .. Austin Nicholas Hft 7 Austin Nicholas Inc pf 60ft 7 Baldwin Locomotive.. 87 .. Baltimore ft Ohio.... 41 ? o Bethlehem Steel B 00 ft 8 Bethlehem Steel 1 pfl03J4 .. Brklyn Union Gas. . . 72 .. Bruns Term Hi . . Butte Copper & Zinc. . oft . . Butte Superior Cop. 1 . Caddo Central O & B. I6ft California Petroleum . 18H 2 CaJ Zinc & Leud r"U 10 Canadian Pnclllc ....IlSft Central Leather 40K 7 Central Leather pf... 80 3 Cerro de Pasco 30 in Chandler Motors .... 66 1 Chesapeake & Ohio... 64ft . . Chi & E 111 Eq T Ctfs 3ft Chi & E 111 pf ctfs. . . fEIct 1st nsst pd. . C 13 I pf ct 1st aet pd 7ft Chicago & Gt West pf 1H . Chlcatro Mil & St P.. 29ft . . Chicago Mil i St P pf 44H .. Chi R I & Pac 33ft .. Chile Copper 12H . Chlno Copper 36H Cocx-Cola 29ft 3 Colorado Fuel 4 Iron. 31ft . Col & Southern 30ft 6 Colum Gna & Elec... 60ft . Col Graphophone .... 7Ji 4 Comp Tab Records... 39 'j . . Consolidated Dla Ins. . 7 Consolidated Gas Consolidated Textiles. , . Continental Candy . , . t Corn Products Rcf... 2. no Condon & Co 8 Cruciblo Steel 70ft 3 Cuban Atner Susar. 33 i Cuban Cane Sugar... 10ft 7 Cuban Cane Sugar pf . 60 1 Davison Chemical ... 31ft I) Delaware & Hudson . 103 10 Del Lack & Western.. 243ft Denver & Rio Grande Denver & Rio Or pf . . 1ft 1 Dome Mines 19 8 Endlcott-Johnson .... 65 .. Erie 14 ft .. Erie 2d pf 14 8 Famous Players L.... 71ft 4 Federal Mln &. Smlt pf 27 .. Fisk Rubber 16U . . yreeport Texas 16 .. Gaston Wms ft Wig.. 1ft . General Asphalt 73 7 Consolidated Cigar . . 61ft s General Electric 137 ft 1 General Motors . . 0 Goodrich B F 7 Great Northern pf. 4 Gt North Ore ctfs. GuoJitnnamo Sugar Gulf State Steul 3S Haskell & Barker Car 56 Houston Oil 79ft 1 Hupp Motor Car 13 ft Inspiration Con Cop.. 37ft Interb Con Corp 4ft Inter Con Corp pf . . . Internat Agrlcul Int Agrlcul Corp pf. Int Harvester now. . . Int Mer Marine lift Internat Motortruck.. 371 International Nickel International Paper. Invincible Oil Corp.. Island OH 4ft Knntaa City Southern 37 Js Kansas City So pf... 51ft Kelsev Wheel 56 4 Kelly-Sprlngfleld Tire. 45ft Kcnnc-cott Copper ... i-'A Keystone T & B. 15ft 2:30 Nt Low (N.T.tm.) Cn. 17 ft 17 ft f ft ! lft 15 ooft4- 36ft 49ft 48 -30 - 12ft - 89 19 1ft 71 36 ft 12Ji 38ft 70 30 11 13 ft 10J4 50 91 15J's 71ft iH 31 ft H m 45 00 ft 30 ft 4H 48 H 38 46 30 124 20ft "ft 85ft 55 ft 62ft 40H ??ft 87 103 6ft 10 41H 30 90 ft 100ft 62 105H 131ft 80 23 ft 76 43ft 83ft 83 ft 7 8 8ft CO ft 60 40 S9ft 103 ft 71 v 5ft U 16ft 17ft r.ft its 40ft 78 ft 30 01ft 64 2ft 2ft J ft 1 ft 19 28 43 33 ft 12ft 26 39 ft 31ft 30 60ft 7ft 39 7 fNft 10ft 1ft 70 35 ft 71 23 Ifft 50 31 io-i 343 1ft 10 64 lift lift Mft 27 16 10 1ft 60 60 ft 137 ft 13 37 ft 68ft 30 11 37ft 86 78ft iaji 36 1ft 13 ft 0 17ft 01 IS ft 37 ft 15 68 18ft 1 27 ft 51ft 55 lift 33 18 ft ft 20?. ft 13ft 55ft- 85ft - 6ft ft lft lft ft ft ft 10ft- H 43 30 - ft 91 - lft 100ft- lft 61- ft 105- ft 137 2ft 80 - H 138 4- 1 76ft- 12 ft 8 ft 83ft .. 7-1 38- 1 8ft- ft 60ft- lft 86- lft 10- 30ft - 103ft- ft 71 ft 8ft 4- 1 8ft .. 15 4-10ft-18 4- 8ft 30 66 - 61 - 2ft4- 2ft4-7ft4- 7ft 19 30 ft-11-33 ft 12 ft 7ft 30 - 7 89 -10 1ft-71-35 ft-78ft-33ft-18ft-80-31ft4- 103 313 - Ift-19-61-"ft-11ft-73ft-37 - 16 -18 - lft 71 - 6114 4- lft 137 ft- lft 13 .. 37ft- 1 ft ft ft ft ft ft ft ft ft lft "ft ft ft 1 1H ft 1 ft ft ft ft ft ft 1 ft ft ft 1 Dlv. ! in f HlKb 10t ' s Lackawanna Steel , . . 80 500 . . Lacledo Gas of St L. . 57 800 3, bo Lehigh Valley 83 100 l Loft Candy 13 1308 2 Loewe Co ...... t ... . 17 200 12 Lorlllard Tnhnrtm . 1K . . Market St Jlwy 5ft . Market St Ry P Pr.. 13ft .. Marland Oil Co 31 . . Maxwell Motor 1st pf, 13 Mexican Petroleum ..110ft 2 MIKml Cnnn. 4SU lft" -00 Middle States Corp..! 13 200 200 9ot 100 10600 12.10 30q 100 100 1300 too 800 100 8500 100 300 300 700 300 600 100 Mldvate Steel 38 Minn ft St Louis 11 .. Mo Kansas ft Texas.. 2 .. Missouri pacific 23ft .. Missouri Pacific pf. .. Hft .. Montgomery Ward .. 31ft .. Mulllns Body 31ft 8 Nat Enam ft Stamp.. 87 7 Nat Enam ft Stamp pf 92 National Lead ...... 78 . . Nat R R of Mex 2d pf 5ft .. Nev Con Copper 12 6 N O Tex ft Mex 68 10 New York Air Brake. 70 o New York Central.... 7lft 1200 2. bo New York Dock 39 00 - lft 30 11- 38 -lift 56- ft 79 13ft-30-1ft-13ft-10ft 494- lft 91 - 1 15ft- 37 ft 4- lft 15- ft 70 18ft- 33 18' lft ft ft 3000 100 100 loo 8600 800 300 S00 100 800 3800 1300 2on 700 300 8300 1100 InO 300 3800 100 300 300 loo 100 loo 200 100 1380 300 IS 300 100 100 3000 300 300 7800 3200 5. 1800 300 400 300 100 1900 400 too IcOO 1100 inoo Q 800 100 100 300 100 11800 100 700 300 1300 0300 3700 800 100 3500 100 200 300 11500 600 100 3300 300 500 100 800 4801) too 5300 000 100 1700 1800 300 ? 600 300 100 300 300 100 300 300 600 100 000 100 1300 300 100 .. New York N II ft H.. lft 1 New York Ont ft W. . UK 1 Norfolk ft Western... 9Pft 8 North American 81ft 7 Northern Padfto 78 5 Nova, Scotia B ft C. . . . 31ft 10 Okln. Prod ft Ref . . . . 3 .. Otis Steel 3 .. Pacific Dovel Corp... 16ft S Pacific Gas ft Eleo. ... 88 .. Pacific Oil 3ft o Pan-Amer Petrol .... 67 0 Pan-Amer B 61ft 2 Pennsylvania n It.... 38ft .. Penn Seaboard Steel. 10ft . . Peoples Gas 61 .. Pere Marquettn 33ft 3 Philadelphia Co 33ft .. Phillips Pet 35ft .. Pierce-Arrow Motor . 29ft Plerce-Arrow pf 69 .. Plerc Oil 10ft .. Pittsburgh ft W Va.. 30 5 Pitts Coal 63 8 Pressed Steel Car.... 81 7 Pressed Steel Car pf88ft 1 Pub Serv Corp of N J 70ft 8 Pullman 101 r. Punta Alegre Sugar.. 10 4 Pure OH 34ft 8 Railway Steel Spring 89 7 Rwy Steel Spring pf. . 99ft .. Ray Con Copper 11 1 Reading 73ft . . Remington Typewriter 35ft .. Replo Steel 38ft Republic Iron ft Steel. 69 20 Royal Dutch N Y.... 68 .. St Louts San Fran... 35 .. St Louis Southwest.. 39 . . St Louts Southwost pf 39 .. Savage Arms 17 . Saxon Motor 6ft .. Sears-Roebuck 78ft . . Seneca Cop Corp 18 . . Shattuck Arizona Corp 7 74 Shell Transport 16ft .. Sinclair Oil 37 4 Southern Pxclflo 77 ,. Southern Rail 23ft a Southern Rail pf 62 B Standard Oil of N J.. 150 7 Stand Oil of N J pf.. 108ft .. Stromberg Carb .... 38 7 Studebaker 80 1 Suhmurlno Boat 8ft .. Superior Oil Corp,... 7 . . Superior Steel 1st pf. . 07 . . Term Cop A Chem .... 10ft 3 Texas Co 38ft .. Toxaa & Pacific 20ft 1 Texas ft Pao C ft O.. 28 .. Third Avenue 18 6 Tobacco Products .... 67 .. Tol St L West ctfs... 11 .. Trans Con Oil lift B Transue Wm Steel. . . . 39ft .. Union Oil 25 10 Union Pacific 121 8 United Fruit HlVi 3 United Retail Stores.. 63ft ..US Food Products...' 23 8 U S Ind Alcohol 69ft 7 U S lnd Alcohol pf...f98 .. U S Realty ft Imp.... 67 BUS Rubber 73 .. US Smelt ft Ref 35ft BUS Steel 83 7 U S Steel pf 168ft 4 Utah Copper 69 ,. Vanadium Corp 31ft . . Va-Carollna Chem ... 32 ft 8 Va-Car Chem pf 87 .. Vlvaudou Inc 8ft .. Wabash 8 .. Wabash pf A 33ft , . Wells Fargo Express . 67 . . Western Maryland . . . 10ft .. Western Pacific 3Sft 0 Western Pacific pf... 68 7 Western Union Tel... 88 4 Westlnghouse E & M. 18 . . Wheeling & L E 10ft 4 White Motor 10 .. Whit Oil Corp 11 .. Willys-Overland 8 . . Willys-Overland pf . . 39 6 Worthlngton Pump . . 61 2:30 Nst Low (N.T.lm.) ChJ. II ioft- M 65 - n 53- IK i. - r 157, IK 8ft 6 148 - 23ft- 13ft- 38 13 - 3 3lft 21ft -77ft- 5ft-l'4-68 -68 71ft- 39 1IK- 19 -31ft-3 13 10ft 66 38ft 66 -60 ft-31ft-10 ft-53ft-33ft-33 ft- 25ft 68 53 12 itt 165ft 8ft 13ft 21ft 117ft 23 13ft 28 13 2 ,22ft 41 3lft aift 82 ft 92 77 ft 8ft 12ft 68 68 71ft 35 19 19 98 ft 61 ft 71 31ft 3 13 16ft 55 37 66 ep ft 34ft 10ft 53 ft 22 ft 33ft 35 ft 28 60 10ft 30 63 81 PSft 70 101 38 33 ft 88 99 ft 11 71 35 f 28 ft 57 08ft 21 29ft 39 17 5ft 77 ft 17 7 48 ft 26 ft 77 31 83 ISO 108 88 78ft 8ft 7ft 87 ft 38 ft 28 ft 27 18 86 ft 11 lift 39 21ft 120 ft 111ft 89 ft 22ft 68ft 08 66 73 38 ft "ft 107ft 87 33 30 88ft 8ft 8 23ft 66 ft 10ft 29 ft 68 88 18 10 10 11 ft 38 81 ft H H ft ft ft V ft ft "b i i ft ft V i ' ft l Yt V 1 ft t 'ift ft ft 3ft 1 ft 28- lft 00 - i 10ft ft 30 - ft 62 .. Rl- lft Hft- 70 ft ft 101 30 - lft 33 ft- ft 88ft- lft 99ft - ft ft 73-1 35ft- 1 38ft- ft 58ft ft 61 1 31- 29ft- 39 ft 17 8ft . 78 - 17- ft 7 - ft 45ft 2ft- 77 - 21 - ft S3 - ft 130 108 - ft 38- ft 79ft- 8ft .. 7ft- ft 971 Oft S8ft- ft 2Sft- 27- 18w- lft 87ft- ft 11 .. lift- ft 39 - ft INTEREST IN CURB LEADERS ON WANE Glen Aldon Coal Quoted at 40 Bid, Without Takers Lacka wanna. Rights Drop New Vorit. May 10. There was a mnrkvd falling off In business on the Broad Btreet Curb today, wltfi nearly all the leading stocks showing n heavy tone and FelllnR nt concessions. Interest In the new Olen Alden Coal stock seemed to have wnned, that stock being Quoted at 40 bid, without trann actions In the first lifllf of the dav. Lackawanna rlchts were In supply with soles at 33 to ft4V?, n loss of more than 15 points from the high price two days go. Durant Motors, which bad a sharp purt late yesterday, was fairly well maintained at 22. Aetna Explosives stock and new certificates both inld nt 10ft to 10. East Illinois preferred was quiet with only a small amount of trading at 30 W. A feature of the market was the fur ther fall in United States Ship Cor poration to , a new low record. In tercontinental Rubber sold at 11. A good deal of Interest was attached to the trading in Slnims Petroleum fol lowing tho publication of an unfavorable annual report this morning. The stock started at 8 and yielded to 8H. Elk Basin was influenced by the an nouncement of the offer of new stock at $5 per share and sold down to 8. The rights were traded In at . Pro ducers and Itefiiners sold at 4 and 14. Carlb Syndicate sold at 7 nnd 7V3. There was a small amount of business in Maracaibo at 30 nnd 30?4. INDUSTRIALS Aetna Explosives . . . Aetna Explosion ctfs . Atnfr Leather Brit Am Totwe coup . Del Lack & TV rights uurani .-Motors Kmptra Food . . Hlsh 1014 inw IR'I .1.1 22 n io.no Low Last lH'i 1 lot: low inu in4 iBI 1.1V4 l.Vi 844 .144 z Inter Rubber lift n CAElllpTef 30? .l8 jrcnecuon iirn Perfection Tiro 4 Sweets Co 3t4 u r. onip uqto U U S Steam a! Wayne Coal 2 STANDAIID OILS S Oil of lnd Vs4h INDEPENDENT OILS Allied Oil 7 Hoone Oil 1V4 u,ion wyomjna ui 1 Low 70H Carlb By 25ft lft 130 ft - 111ft- 60 ft -66 -73-35ft 83 108 -87 -34 -31 8 . 23 ft 66ft , 10 ft-29ft-68 88 l.t "ft 40 - 11 -8 38 -51- ' 1 1W vn Denny Oil . . . Elk Ilasln Pet . . Elk naeln nikhts Enclneers Petrol Hudson Oil ... Maracaibo Oil . Mexico Oil ... No Co pfd No Co Oil Jjoble n,i Producer ft Refiners 4S Slmms Pet hV ekelly OH lit Tsxon . Un Texas Oil x united Royally 2 MINING Atlanta nir Ledie A Uooth 4" Caled Mln 10 7 71J 1 30'4 l 4'4 7 34 4U i J Last 7.V 7 1H 01 1 3fl 1H 'i 7 34 lft ft ft ft IK 1 1 ft ft ft ft H ft H ft ft ft 'ft 1 ' 'ft ft ft ft lft 94 Commodity Markets COTTON MARKET New Vorli. May lit Favorable weather over the c:otton belt had much to do with a decline of .one to five points in first prices this morning. It caused local selling, which was supple mented by offerings from New Orleans, Japanese and Liverpool interests, the latter helling old crop options. Wall street wu a moderate purchaser. Steadiness prevailed nftcr the start and the list was praettrally unchanged from previous cloic Iteceipts at the ports for the day were estimated at 20.000 balcB, agninst 23, f)i(! bales a week uco, 10.7." bales a enr ago and 10,020 bales two years ago. ai, v 2H H 1R - M 'H 1 1 v. . . 37 U- i 07 .. is ... K7 24 Mv July .... October Ufcmt'or January March . Vent U ST 12 78 M.4.'i IS 0" 13 HI II 21 (N Y Todai's open 12 32 12 70 11 4.H 13.73 13 00 14 2.1& 2fl time) 1 1(1 I M 12 23 12 il.t 13 3) vance curtailed business. Freer offer ings of wheat fro rathe country were re ported In Kansas. Shipping sales were 0000 bushils. Corn rallied after an easier start, but it was difficult to maintain values above the previous close. The late brenk in wheat also affected the corn mnrkot. Freer offerings from the coun try woro reported. Receipts wore mod erate and the cash basis was firmer. Domestic shipping demand was fair. There was y.ome inquiry from exporters, but bids were out of line. Shipping sales were 75,000 bushels. Oats followed the trend of other lalnx. Commission houses that bought early sold on the bulge and this caused the upturn to Ix- lost. Domestic ship- 1 tug demand was fairly good via the Lake route, but slow by all-rail. Re ceipts were light, but tho country of firod oats more freely. Shipping ales were 110,000 bushels. Financial Briefs 37 74 is 10 ? 2 7 33 4H Candelarla M Cortei Silver .. .. Cresson Gold Crescent McXamara Dolores Esperanz . . Dundee Arli Emma Silver ...... Eureka Croesus . . . Gold Cons Gold Dsvel Ooltlfle d Florenr-o . Oold Kewnna Horn Sliver Pick ... Great Bend Ilec a M nlnr .. .. Iron Blossom 17 Jumbo Extension fl Knox Divide 17 McNaraara 20 .Magma Copper 22 Marsh Mining 8 Mother Lode new 54 Nlplsslne 4V4 North Star 4 Ilex Cons im Rochester Mines 6 San Toy 4 Silver Kin Divide 2 S Silver Lead A Success Mln 3 Tonopah nclmont l, Tonopah Cash Doy 0 Tonopah Divide . . . l'i Tonopah Extension .. .14 Tonnpah-JIm Butler . . 10 Tonah MWvay . . . Itl Tonnpah Mln 1V4 Tonopah Mlzpah 8 Tonopah Montana n Tonopah Reecuo Eula .... 20 U S Cont 1H United Eastern 2 A Victory 4 West End Con it White Caps 44 Wltbert 4 Yukon Gold IS, UONDS Allied Packer fls .... Amn Ar Chem 74 s. . Amn Tel lis, 1022 . . Anaconda 7s, 1029 . . . Anslo Amn Oil 74s... Armour ft Co 7s . . Beaver Board 8s .... Barnidall 8s Can Nat Ry Eq. 11183. Chi East Ills 3s ... . Copper Export 8s, 1921 Cons Gas Ut oulf Oil 7s 1 4 10 38 71 10 2 14- 54 7 1 33 2 0 i'SH n 16 18 22 8 5 4 114 a 4 3A 10 15 8 0 20 14 'i 4 14 1 4 10 37 74 14 10 14 55 7 o 33 44 17 ( in 20 22 8 T 4 14 14 10 13 r V 20 14 3 4 14 Helm Co 7s Hurrfble Oil 7s Victory 43,8. Victory -lia Victory 494s Amer Gas & Elec ."5s. . . . Bell Telephone 7s Philadelphia Klec 1st fs. . Philadelphia Elec lbf 5 Welsbach fis S7.10 07.70 07.04 07.42 73 102 bH R-'l's 1)0 BANK CLEARINGS Bank ciearlms today compared wim cor. rtspondlnc day last two vears. 1021 1020 1019 Boston jri3,a7,112 Jfln 232.808 J48 10.1 483 Chicago. 83.S28 872 102.(100.150 04 2 4 llu Phils 70.270,707 Itl 2rtl 29M 7J In i," N York 010.45l,434 775.fl.442 7ft:i,I78 01o Conservative Investments MacMeckin & Williamson aWOAD AND HANHOU HTS. lUmtwrs l'hllii. Htoek Cxctuni R. B. CARR 0UNTANT & AUDITOR BifeJ Pfwa. BMi . AOXXJNT - Allotments of Treasury Certificates WoxlUnrtnn, May 10 --.Secretary of the Treasury Aft I Ion announced that the tr,tal amount ot subscriptions receded for Treas ury certlfleatds of Indebtedness of Hsrlea A. 1022. dated May 1U 1021. maturing rib. ruary ID. 1022. was J532.10O.0Oq and that tha total amount of subscriptions allotted was 1256.170,000 Subscriptions for this series closed on May 19, the date of Imus and the amount offered was 1200 noo OOU or thereabouts Ten of the Federal Rescrvo Districts oysrsubscrlbed their quota Liverpool Cotton Liverpool. May 10 There was only a um. Itsd request for spot cotton today with prices essler on the basis of a .decline of 5 points Jor middling at 7:2d The sales wero 2000 fsles. The receipts wer 12,000 bale., ,,. eluding 11.100 bales Amer can ltures were nulet In the early dealings Spot prices were; American, middling (air lo.4ld. good middling. o8.52d, fully middling s.otd mid filing f 42d! low middling n.STd. gowl or dinary, 5,12d, nnd ordinary, 4.87d, Penna. Crude Oil Reduced to $3.25 ' till.tiirh. Pa.. Ifay 19. Th nrle - Pnnevanla crude oRi wasrducd from IJiBO trt I8. trrl It fit t,nnounoe tojay th prloclpal ol-purcl)a,ln sncls NEW YORK COFFEE MARKET New York. Muy 10. The official Braril cables to the Coffee hxehnnce werp rather a disappointment to the local trade and, on the cull this morning, prices worked off 4 to 5 points. There wen Wall Street nnd Hquldntinc or ders in the pit. but tradinc was quiet. The market dragged along with trad ing quiet toward midday, the only fea ture being the switching of 10.000 bugs of July to March ot 110 points to December nt 85 points. Brazil appears to be able to hold prices firm and it re mains to be seen whether the primary markets will weaken and come down to the local price level, or will this market advauce . Att the moment no business is being done in the cost and freight market and uHoata to the United States are grow in, less each week. y Prev, Close Opsn 11 a in ,iv ... R 81W83 '5 00 5 111 'iSniemtyir .. 0-s4t35 "8" 31 31 March 7 1011 7 01 007 Bid. GRAIN MARKET Chicago, May 10. Wheat was er ratic today. The pustnge of the Lants bill lfil to selling at the start and lower prices. The bull inttrests supported the muiket In July, while good buying of Mnv by ensh interests and shorts gave that market strength. Tho rally that followed carried prices well above the previous close, lho strength lasted for inoro than an hour, but later heavy pAlllni. Uv ofirlr hiivprs cnrrled tirlcea off sharply nnd reduced tho long inter ffct mutt-riully. Itaius over Kansas nnd NcbrttPkn, wuere neeaea, teuaea to en courage selling, Cash wheat Was firm early, but later 3sed ofT. A goQd pxport demand for wheat was t 'ported early, but the ad- LONDON STOCK MARKET Oil Shares Dropped Industrials Steady Gilt-Edged 8ectlon 8ofter London, May 10. Oil shares dropped on the Stock Exchange today owing to the circulation of unfounded rumors that the Shell Transport and Trading Co. would Issue preference stock and on doubts as to the maintenance of the Hoyal Dutch dividend. Shell Transport nnd Trading was 5 11-10 nnd Mexican Eagle 0. The industrial department wus steady. Hudson Hay was (i. Diamond shares were flat and kafflrs were dull. Home rails scored further gains on hopes of an early ending of tho strike of the British coal mincrB. Canadian Pacifies also Improved. The gild-edged section was softer. Continental loans wprc maintained, but there was n disposi tion to hold off in the making of com mitments. Generally the markets were narrow and unsteady owing to the latest Polish Ucvclopments and firmness in money. MONEY-LENDING RATES NEW YORK Money on call, both classes of collateral, opened today at 7 per cent for lending and renewing. rillUVDEU'HLV Call. Pep rent time, a per cent, commerciol paper, throe to six months, i per cont Notu- Those ars merely nominal quota, tlon. the legal rate or Interest In the Htats of Pennsylvania being fixed at fl per cent. I'lus premium and commission, time money, for thirty to ninety days Is loaned at 8 to 6W pr cent, while commercial paper, from thirty to ninety days, Is loaned at 8 to 8H per rent I-ONIWIN Money Is quoted at ft1 crnt; three months bills cent. cent. Discount latesj Bhort bills. 54 U .A",, I If) l- per per per Miami, Fla., Bank Closed Miami, Fla., May 10. Tho Fidelity Bank and Trust Co. failed to open Its doors this mArntnr. rtnffi1 hv arose of tnS ntata Gamn. troller. The amount lnylYel hag not yet uesn maae Known. The average price of twenty active fndus trlal stocks declined 0.14 per cent yesterday to 77 51 while the twenty railroads aef. vanctd 0.90 per cent to 74.16. Thn name of 485 members of tha New TorK Stock Exchange have been signed to the petition requesting Its governors to de- -. - u.. u, m,u U.U,UW f.wVWU.tu, UCU' .,." m ----- oration Day. a special holiday. Tho petl- iS.,,"rPSro B. tton was not taken up for discussion nt tholhl we.r ? : governors1 meeting yesterday, but will prob-,g'" Roebuck 7s, in: ably be acted on at tho regular meeting next S1"?"' "". J Wednesday aft.rnooj SON fU.un.. Samuel Insull. president of the Teople-s 'swfi,Un8t?.1 7" w o . was quoiea in a unicago aispatcn it a nr.in e resumot on On the stock. Tha rilanalrh anlct further; "The company Is engaged In paying orr. from month to month, a large flouting debt accumulated durln a period of exces sive operating costs and low selling price In bringing the property up to proper standard. It win be late this fall before tha question of dividends oan be considered by directors nd If action Is taken then the dividend will piobably bo small at the start and will be on a quarterly basis." Tho Dank of England minimum rate of discount remains unchanged at Oil per cent. SO li A 97', 113 OO'I BAH BAR SILVER Domestic bar silver was unchanged at fttlWe In New York today, foreign. 5go, a fowe?,' l 3Hd Lonion' ,he prlce wa ' J Bank of England Statement ,i,I'nnL: M,a,'1,,9rTi" w'1:Iy statement of the Dank of England shows the following changes: Total reserve Increased 571,000: circulation decreased 1874,000. bullion de' lo'inrtwwf2-??5 ,,her , "eeurltles. Increased 12.107.000. other deposits decreased 18,2m,. 000: publlo deposits Increased Il.OStl.Oflri notes reserve Increased 574.000: government securities decreased 0.255,000. ' ThepVopor. tlon of the bank's reserve to liability this week I. 15.28 per cent; last woeh I was 14 05 per cent Rate of discount 4 per Prices Weak on Paris Bourse l'orls, May 10,--I'rlccs wero weak on the Hourse 0today. Three per cent rentes K7 francs 30 centimes: exchnngo on London 45 francs HO centimes, 5 per cent loan 8" francs 70 centimes. The dollar was mnted at 11 franca 31 W centimes. Hocking Valley Defers Dividend New York, May 10 Directors of tha Hocking Valley Railroad Co. defined act Sn on the regular ccml-annual dividend of 2 pur cent, whlth la due at this time COURT CRIER 92 YEARS OLD Henry . Mclntlre Celebrates Birth day by Performing Ueual Duty Henry I. Mclntlre, Philadelphia's oldest court crier, Is observing the ninety-second anniversary of his birth today by being at his post in Court of Com mon Pleas No. 3. Mclntlre was appointed a crier by Judge James T. Mitchell, afterward Chief JtiBtlce of tho State Supreme Court. In 1872. lie wan born In nn old dwelling at the 'southeast corner of r.ievenm ana AiarKtr. streets, a Hlte oc cupied for years br ihn Tllnrham TlntM DurlBf hU early'nianhootl tie was ncuvn Hi Slghth warrl nolltfe. 77. livefc'aO. North Bihteenth street. 81 im 100 loov, : nM . 75 . 05 1174 . 06H . 102i .io.ih in .100 ioOU . 85 85 . 07. D7l 30 06 07H 03 100 08 81W Ort 100 106 100U Otf'i OR I, n' 73 03 07 i Ofl'4 102 30 H 07 W 03 100 U 08 81 Ort 100 1 100 i91 VO4 onii 75 03 07 ODK 102 City of Detroit 5'2 and 6 Bonds Due 1924 to 1948 Exempt from all Federal Income x and MichiganlState Taxes Issued forgenerelpubiicimprovement, water supply and sewer purposes. Net Bonded Debt is officially report ed as less than 34 of Assessed Valuation. The City's Charter limits the ratio between them to $. Legal for Savings Banks In New York, Massathusetts, Connecticut, etc. Prices to yield from 5.65' to 5,20 descriptive circular upon request Tt.ii..jtuio, rt4i 41 riiuuucipuia viaiv. Guaranty Company of New Yorkl 421 Chestnut Street Announcement By mutual consent the firm of HUGHES & DIER has this day been dissolved. The busi ness will be continued and succeeded by E. D. DIER & COMPANY May 18, 1921. -I .i L : m Wt$ Pennsylvania jjj Municipal Bonds '1 , Wa shall be glad to mail on re quest a list of Pennsylvania Mu nicipal Bonds, free from all taxes (except inheritance taxes), with circulars describing the issues therein listed. We specialise in these securities, including' loans of the City of Philadelphia. Biddle & Henry 1 04 South Fifth Street MOTHER AND BABY HIT Woman Mentally Deranged Since Placing Children In Institution Mentally deranged following tho plac ing of her four chililrpn in institutions, MarKoret DRlley, of 121,ri Bronilywinc Ktrect, wnlkdl in front of an automo bile nt Eleventh nnd Market strwtR yes tcrdny und received Injuries that inty result in her death. Mrs. Itnilcv had her tweuty-one-monthfi-old child in her arras nt tho time of tho neclde.nt, but tho baby escaped injury. Mrs. Mary Simmer, of 1527 Arch ktrect. driver of the motorcar that struck Mrs. Ilniley, was held under $500 bail for court by Mngistrntc Cordon, in City Hall. MrB. IJnllcy is in the Jefferson Hospital with n frneturo of the skull and lnternul injuries. Mrs. Bailoy's hufcbnnd told the police that ever sinco four of their children had been riven into the core of in. stitutions because of his inability to support xnem properly, nis wtte had been acting in n strnngo manner. CHILD STARTS BLAZE Camden Youngster Plays With Matches and Is Burned While plnying with matches at his parents' home, 020 South Fourth street, Camden, Francisco Pari, four years old, yesterday set fire to his dress. The child's mother heard his screams and manoffed to tear the blazinc cloth. from the child before he was badly uuruvu. The flnmes spread to tile room, but were extinguished by firemen before much dninago wns done. The boy wus taken to Cooner Tint. pltsl, where it was said his injuries were inn ocuuun, LOVELORN GIRL la SUICIDE Rome, May 10. Murio Iwiulcrdo, member of a prominent Cuban family, committed suicide hero yesterday be cause her family opposed her marriage iu a jruuus ipsiucm oi .apies interior to herself In social stnnHlnir. Th. .i-i s-hpt herself anr was taken to a hospital by her father. r 1812 1921 THE to PENNSYLVANIA COMPANY for Insurances on Lives and Granting Annuities TRUST AND SAFE DEPOSIT COMPANY Capital and Surplus - - - $7,000,000 Member Federal Reserve System 517 Chestnut Street Philadelphia nnoAi miiekt ofiticb, Cbcttaut aod Juniper BItkU BllllllBlimIMm,a 9 i $mne, OTebbet & Company K.UbUhfd 18S0 1422 SO. PENN SQ. I'hIUd'IphU Ifembers of Uoilon, Chicago and New York Stock Exchange) A Letter of peculiar interest at this tlm to investors of large or small in comes will bo mailed on request. IMMilMlM 3 Latest Changes in Reading Segregation stated and analyzed in our special letter SP; also ask for No. 616 of our IN VESTMENT SURVEY and Booklet P D, describing our Twenty-Payment Plan. Scott & Stump Investment SiMirin.. SrEClAUSTH IN ODD I0T8 Block . Kxrhans llldt . 23 K s,i R, ., ,W. l'hila. llclmont B037 40 Kichunte i1M 1'hlU.l-lnlil.. Lnoust 6iS6.5 New VorU Ofric. Customers' Mnn ?.n,h5uMr ,i iurx1.i."iwi,hw em.ciaritfcC DANKEB8 i; J Dealers in Investment Secunti&i, , Uimbcra Hew York and PMtai' Block Exohangtt 'n 321 Chestnut St., Pbllsdslfl" " "Jr Northern Pacific-; Great Northern air-. fQ?n W72 ' J'i Denominations 51000, $500 . , ui.u elLOi! rrica iii m'ma EDWARD L0WIER STOj Mtatnr J'tUt 0lftk JS1 u '! ... ,. . hL'tSu.i,.. r I: v B, U1U t, t 1, , a a .? , if! yt j 2 t rl t. LV'ftv0J.,
Significant historical Pennsylvania newspapers