iWMH I u:k"' i r wfypf '' '" ' SKWRffirttW$(0 ki1 EVENING PUBtlO ,EDGEBrPHtLADBLlHlA, WBDKE6DAY, JTJIY 27, 1921 & " 54 VC'r V ";' u ... . tv -J ' ;:?; $6,000,000 The Cincinnati Gas & Electric Co. Convertible 8 Secured Gold Notes To be dated August 1, 1921 ' Due December 1, 1922 Convertible into Prior Lion and Refunding Mortgage 7 Gold Bonds, Maturing January 1, 1961 Interest payable June and December 1st In New York and Cincinnati. Coupon notes of $1000 denomination, regirterablc as to principal. Redeemable as a whole only at any time on sixty days' notice at 102 and accrued Interest. The New York Trust ' Company, New York, Trustee. Interest payable without deduction of the Normal Federal Income Tax to the extent of 2. Pennsylvania Four Mill Tax refunded on the-io notos and the bonds into which they are convertible. Charles D. ones, Esq., President of the Company has summarized his letter to us as follows: BUSINESS: The Company owns the electric generating and electric and gas distributing systems supplying Cincinnati and numerous, adjacent communities in Hamilton County, Ohio, serving a population of ap proximately 500,000. The Company also owns one of the largest and most modern electric generating . stations in the country, the capacity of which, because of the rapidly growing business, i3 being increased by 33 4. On May 31, 1921, the Company had over 56,000 electric customers and over 125,000 gas customers. PURPOSE OF ISSUE: The purpose of this issue of notes is to provide funds to pay or refund expenditures incurred to install the fourth unit of the electric generating station (bringing it up to a capacity of 120,000 K. W.) and for additional substations, transmission lines and extensions to the electric and gas properties qf the Company. SECURITY: The Convertible 8 Secured Gold Notes will constitute the direct obligation of The Cincin nati Gas & Electric Company and will be secured by pledge of $7,500,000 par value of Prior Lien and Refunding Mortgage 7 Gold Bonds, which in the opinion of its counsel, are secured by a mortgage on the entire properties of the Company, subject to the First and Refunding Mortgage Bonds. The physical properties have a valuation of more than twice the Company's total mortgage debt, including the Prior Lien and Refunding Mortgage 7 Bonds pledged as security for these notes. EARNINGS: Net earnings of the properties for the twelve months' period ended May 31, 1921, amounted to $4,135,042, or over 3'4 times the annual interest charges, $1,229,550, on the entire outstanding funded debt of the Company, including this issue of notes. DIVIDEND REGORD: The Cincinnati Gas 6c Electric Company has one of the longest dividend records of any corporation in the United States, having paid dividends of not less than 4 annually continuously for sixty-eight years, the present rate of 5 per annum having been paid sjnee 1910. A very large equity is established by the capital stock of the Company, which has a market value at present quotations of over $24,000,000. CONVERSION PRIVILEGE: These notes arc convertible at the holder's option at any time from June 1st, 1922 to November 1st, 1922 (.unless called for previous redemption, and if called for redemption con vertible up to date of redemption) into Prior Lien and Refunding Mortgage 7 Gold Bonds, maturing January 1, 1961, at a price of par for the notes and 97 fr the bonds, with adjustment of interest and fractions. FRANCHISES: In the opinion of its counsel the Company has perpetual gas and electric franchises in the City of Cincinnati, subject only to rate regulating ordinances and the right of the City to purchase the ' properties under an arbitration agreement, which fully protects the Company. The issuance of these notes and the pledged bonds is subject to the approval of the r Public Utilities Commission of the State of Ohio. All legal details relating to the issuance of these notes are subject to the approval of Messrs. Cravath, Henderson, Leffingwell & doGersdorff, of New York, for the Bankers, and Messrs. Rufus B. Smith, Alfred M. Cohen and Samuel Annus, of Cincinnati,,tor the Company. We recommend these notes for investment when, as and if issued and delivered to us at Price 99 and Interest Neiv York Bonds Adam Bun As , 1 OS 1 Ant Ajrr A Ch I JH rel II OT 2 07 i 004 A B ft JVB 6a i 1 ITS ! 0 774 , Amn TITcll . 1 784 i 70 I 3 704 Amn TATS . 2 844 I Ann T T 0a I 1 0B4 t 004 1 4 HO", I 1 004 a 004 At' ltep'c fin 1 OS Armour 4 Ha 1 704 1 704 ATABKH1 8 774 l 774 l 774 1 7714 f Atoh TopksL ft S l'o cv 4a 3.. .. 71 1..... 704 A Trnnpciintn Short 1 4a 1 77 Atlanta Knox villa & (' 4s 10 72 A Coast Ij 4a 2 78VV A C I.lno 4 4a 8.. .. 78 Atlantic Ilef' ct GUa 1 ... 100V. 1 ... 1004 tBAt.nfl i.v now) nn u n 4ti 20 no Dei 1J It 74" 1.. 10SK D Match 74 1.... 10.14 Do Canada '2ii 2.. ... !i2'4 t. ... 02H l)i, Canada '31 6 e.H 0. ... 88'tt I) Ut N.moure Ptvd'r 74 1..... 0SH 2..... UH 1 IIB',4 1 084 2 084 2 084 1 084 Dim i.iaht iii 2 nnn l.'rla llenl l.len 2 4.114 8.. .. 434 ".rle 11 It cv Tl 1 39 (lene'l illeo Aa 1 804 Ooodrear 'fire ft Huti'r 8a 2.... 1004 0 . . . 100 1.... 1004 14.... 101 (love't French It 7 Via ret 1. 1. .1. 2. 1. I. In. 2. ft. 1. 1. 1. 0.14 0.14 os OS 0.14 0.1 0.1 01 us PS os 084 Halt A Ohio 4S Sovo't 1' 11 8a l ntt'i! l 004 Halt A Ohio 0a, '.'J Ill" VI 3. ... 73 ft 00 Halt A Ohio fla '3.1 Trunk rets N Ttt Ont'l Ij Rhore 841 a 1 02V4 N Y Cflnl'l M Cent a Vis 2... . 02 New V N II Itardf'd n f .... 004 S T Tola 4 Ha 1...,. BIN 2. ... 81 1 814 1 Bl',1 1 8tVi 8 814 S'lk A W'n 4a 1 704 1 701 a 70 North Vtr'n n Tt'n 7 2.... 12 i 2.... 102 1.... 102V1 1.. . 102Vi 1 102 S l'nclllo It in 0 . . BSNi N I'acinc It 4a 1 77 On A Cuu Sa 2 60 I'ac O A K III 1 77H Vna T A T 0 1 84V4 Packard Motor Car Co 8 1 06 V. 'a U cm IVin I A 70 x a nub 7Ht 1.... 100 VI I'M 8 flterl B 2..... 04H nut V A I. fi 1 77H Va Itailtr'a 8t 1 5'4 ft H2U Watiaih It IM 1 80 Wabaah II 2nd 7 7Bi 1..I.. 7 Wcat'n Mil 1 I .... .11 1 B4U Wn I'aclflc IM 3 BO 2 79V4 2 7R 4 70 4 70 Vit Bhur 4 2 . .. 72V1 We'n Union Ba 1. 87 H W A j: 4w. a. . l . i .. 7.. B.. ItlB 7a , 1014 , 1014 10114 102 1014 1014 Wlcka'c Spncr HtM Co 7a 1. ... DO ttllaoit Co it 8 ..., 84 H Wis Ont'l 4 ReasrVe Oii-iks Discount Rates' Official rMtfiJ'Hit rutr ai III. tuui I. (! lui.fwar H.nrt llntika aiii an Treta. w.ii. ctri. . iuni. HUli 87.!i() Liberty .'Vjh . Liberty 2d 4 . Liberty lnt 4V4.. bi.lill Liberty '-J.l 4h... 87.50 LlbiTly !M 4WN., ill.r.O Llburty 4th 4U.. 8".r.rt Vic Notes 4Tih... 1)8.40 2.... low H7.02 87.80 87.IH) 87.:1 111 .44 87.4(1 08.44 . 80 1 "0 I'. AI 87.0J!eral 87.00 87.40 01. Ill 87.411 0S.4II ltciton ..... ttrrt York l'hllada'phln -cMlt!Cil . . lllohrnona Atlanta ... . I htcico Bt Mula . . . .Minn.RPol . Kunr.ta Cll L'nllaa ... . turn Krnne " uircouiii (i ii . n o 0 . fcW H 0 nvi ii a ii ii n ii n f., mli i urn 1 I'air. il OVi I, II r,Vi -!tn l!kr. Accept. tl il II II f.V4 n AS Int'.roat J 1 ' "t- ":'fM"-HM; i1 $ U.8. Cesrtlflcatoi fnd Trcaury'rifHsl llAtn lia( Ulil Ankwl Ylo'ji tM',4 f'i'Pt., 1li2l.....ltm 1-10 100 5-83 4..TJ JH.'L, t '""? M '"" ' y 1,av in ;j' 10 Hrpt 7ll I '- .'VI., lir I , M. ..!. "".'.' ,.V4 "i ct., 1ii2l..i.lOOi loiiyy "4n RVJ til Ucn.. .11121 .....IM 1004 4.7' .1V4 rci... '1KZ2. , ,in3.in ino n.in 4.ni ." .Mrch.. lli2.. 'lOOS 10t)W 4,91 .'. .inn.. iii!7 inn'; Ino. K.ot .inn lfl-'i inn A.tn inn T.in a rm rinnom ri t hnrno Ii) ci-rllllraty p'Mcei u.i co lat ?nn mmimiiiii hi o mr luni GOVERNMENT BONDS Lower Rate on German Cables w York. July 27 Tha Vlarn I'nlon TolMrranh en nnnounci.rl thla mornlna that. crTrrtlvf Auvutt 1. the rata to ll-rninnv for , ordlnarv cablea miasoi will he reduce'! ' tl eenla per word ani? that tho deferred rate I will hi lowered proportionately I'anama cou 'it. 1030 1'anama ree 2. IwSrt. . I'nnatrra cou 2a. IMS . . . l'anam cou 8i, mill Panama reic 8a IH01 .. . . 1'hlllpplne 4a, 1031 Philippine 4i, l.1 . . Philippine 4a mail I H tlov cou 2b Ifl.'IO . . , I' H flnv re 2 1W30 . . . V M Oov cou l.i 1H2.1 . . I H Uoi lea l 10J D of Columbia 8 0.1 1021 IIIJ 1(1 i'v ii!8$ HIS 77 . 77 IOI1V4 ItinVt iniU 104(4 0.1 11)11 loo lilt) 81 HI 81 .IV. -i-"::.. -j-.ir .',-......- . :..' -L.xriiipi irnin niirmni rrnnriti iniQinr K, 'Accepinnic lor paimont ot income tax. dun nn dtte nf mnturllr. Liverpool Cotton UtrrtMinl, .filly 27. Mimi C)tton' ,vrki ijulei today lth prlrui eneler on the. baHa1 nf a decline of 3 ixilnla for mlddllnn 1 7 0IM The falea were iltHMl bale. Th cMpiN Hero 700(1 tulea. none Amor lean, I'uturcn were quiet In the early dinllruin., Ptnit iirle were; Aliierlrtm inlddllnr fair. 10.4.1 1- cood mliMllne, ri,7.1di fully mlddllnr! s 3:.di mldd'InK. 7.1'IM; Inw mlddllnu, 7,0ild cuol ordinary, .1 8.V1 and ordinary, S.tOd. Southern Pipe Line Cuts Dividend' (III nt,r, P.i.. July 27. Hmitharn llpi l.lne han dcrlared a dividend nf 12 n sharo, puj-hIiIb Heplemteir 1 to atock of record August in Thren and alx mniitha aio iim deelari'd 8 '4 8H 78 U i 78H 78 , ' 70 ) 701 ! I'enna ltd 04 a I New York A. B. Leach & Co., Inc. 115 South Fourth St., Philadelphia Chicago Boston Cleveland J. & W. Seligman & Co. 54 Wall Street New York 1 0 . . , HO H I 4... . R0, I II A O V . 13 A V Vn 4a 1 0S4 I 4 OS I Hell Telephuno nf ra .1 1 103T4 2.... 101 2 101 3 104 Heth Steol fd 1 .. . 83 Heth H ,1 '80 1 77 llkn Hapld T ct 7a ata B 4S Hunh Tcr'l ,1i 3. . . 71 i Canadian N'n 0V4 rets 13... . 07'4 B. ... W 3 OHVi 2. ... 08 4... . 084 R.. .' nv: 101 I Nlh Itwy 7 Canadian N 7a 1. 0. 8 1. 1. 20. 1 B. .1. 0. 1 1. 20. 2. Hud A Man fd 1 07 Hud A Man In 1 41 '4 1 12 D 42 111 Cenfl B'4i 1.. .. 01 1 01 !!! Htcil 4 '4a '..... 804 Info Met 4 4" ! 17 Int M ct 4 '4a 100 00 '4 011 00 '4 011 10O 004 100 , o 100 , II!) '4 . 00 00 00 2.. 2.. 1.. 1.. 7.. 1.. 1.. 1R. 00 4 00 V4 004 00 4 00 4 II')' 00 4 00 4 00 4 The Information nnd flfrtires In this rulYertlscmcnt, while not guaranteed, are taken from sources wo consider entirely trustworthy. Now Issue EXEMPT FROM ALL FEDERAL INCOME TAXES fc $200,000 City of Portsmouth, Va. SlA Gold Bonds Dated August 1, 1921. Due August 1, 1951. Principal and semi-annual interest payabla in New York City. Coupon bonds with privilege of registration as to principal and interest, either or both. Denomination $1000. ELIGIBLE TO SECURE POSTAL SAVINGS DEPOSITS FINANCIAL STATEMENT Actual Valuation of property $GO,000,000 Assessed Valuation, 1920 39,711,956 Net Bonded Debt 2,896,000 Population, 1920, 54,387 PORTSMOUTH, the County Seat of Norfolk County, 13 located on the Atlantic Sea board. The City enjoys the excellent harbor facilities of Hampton Roads and is served by the Atlantic Coast Line; the Chesapeake & Ohio; the Norfolk & Western; and the Norfolk & Southern Railroads. Portsmouth owns a one-half interest in the Norfolk County ferries, from which it received annually a rental of $67,200. Portsmouth's inter est in this property is conservatively estimated to be worth $1,000,000, and deducting this from the net bonded debt would, in effect, give the City a Net Debt of $1,896,000, dependent upon taxes. The City is not responsible for any other debt as it is not a part of any County or District in the State of Virginia. These bonds, issued for street improvement purposes, are a direct and general obliga tion of the entire city, payable from taxes levied against all the taxable property therein. Legality to be approved by John C. Thomson, Esq, Price 97 and Interest Yielding about 5.65 R. Nl. GRANT & CO. ii:iii::::i::i:::ii:i:iiiii:iii::iitmiiiiiiiii:ii:ii:::ii::i:!un:i:; i . i Boston 31 Nassau Street, New York St. Louis While we do n"t Biiarantee the huoui atnlomenla, we believe them to he correct Chicago The Period of Accumulation that in the past has usually preceded a cycle of rising security prices, appears at hand. Our conclusions as to both the immediate and long range market outlook are clearly set forth in a cir cular that is, just off the press, Copies will be sent free upon request for Circu lar PL-63. rrlflRLES-HlLflRKSDNfiHj 66 BROADWAY NEWY0RK TELiDOWUWO OREEIM020-28 ;inmiiinii:iiiiiiiiii:iiiii:ii;iii:iiii:;iiii:iiiniiii:iiiiiuil Course of Security Prices We have just prepared for ur clients an elaborate analysis of the outlook for security prices for the next few years. This special letter discusses the probable trend of busi ness conditions and states our views regarding the pos sibilities of various classes of securities. Interested investors may ob tain copy of this survey upon "questing Circular No. 115, accompanied by 2c for post MOODY'S INVESTORS SERVICE JOHN MOODY. Trealdcnt 4 R..I Eital. Uoston !! P.t.i- V nil m i .n v.w V. n" Ding., rniis'ra. ' VfK Oilcnco E. H. Rollins & Sons t'oiuiilfd 181(1 Investment Bonds 1421 Chestnut St., Philadelphia I'lione Siirucc 3400 Uoiton .Vein York WtlktS'Haiit llaltimnrr Chicago Snn Franciaro 1 The Van CanTp Packing Company, Inc. First Mortgages 8 Gold Bonds, Due April 1, 1941 Price 99 & Interest to yield 8.10 llocauao this conipnny'H business In nntlonnl In ucnpe, becnuvo It deals In prlmo ncce.Mltlos of life, nnd becnuua It hns proven its ability to earn far In excess nf bonil Intpreat requirements, we Htrorwly rucommewl theso bonds for Invrntincnt. 5tii(l in ilricrtrtlvr otrculcir ZxltlU fff mil a IMPROVED CREDIT CONDITIONS I'urther Improvement In credit condltlnna, He hell"e. will lead ninny llrina lo take mlvantuue of their cullnhle irlllene ov. r honda nnr outstanding. To Inmue n continuity nf hleh yield therefore, non-call-nb a bnn.la should he Immedl. alelv Hllrctlo in Inventors, On iiTjueat ue will furnish llit of nnn-cnllnMe eccurltlej that naiure a high Jlcld until ma. turlty WlDlNIR UltXS.PHIlADIlPIIIA Mmifirl'MhdMMatif UruKv.rAxnur HtWYOtK tUUSTDMCI. NEWBURGER, Ht'HDERSON & LOEB Members New York and Philadelphia Stock Exchanges hio Chestnut St. jraim Foreign Exchange Explained Ask for Frem Booklet F-2 Wm.IiMKenna&Co. 221 South 15th St., Phila., Pa. Ilrll riiontl Locust 118 New York Pterson The Railroad Situation We have in preparation a series of articles deal ing with the railroad situation. The first of these is now ready for distribution. Amoncr the issues dis cussed are: Lehigh Valley Chesapeake & Ohio Baltimore & Ohio Ath for a free copy fioureau & Evans Members I 1'lillnilrlphla Mori. Ktchnnse Chlrnto llonnl of Trude 130 South 15th Street Philadelphia nut l.ncust 113 Kurc j 1.... 10P4 1... 101 ! 5 .. 1014 1 Cen'l of Ga en 1 2 R2H i 2 .. . R3i I Ctl l.eniher na 1 8!U ICR.N Jnv Sa 2 DO i on i Orro do Pneco Copper fa 1 107 H C & Ohio 4 He I 1.. .. 74!4 1.. .. 74'i It'tO cv 4'4a I 2 "8 8 78 2... . 78 C'k A Ohio ,1a 1 004 C'k & O cv Sa 0 fiHi 3 Rt '4 Chi Alt 3Vi 4 34'.4 Ch! 13 & Q dm 1 7RH Chlrnco II & Q II 3s 2 ... 74 4 C I14Q 0'4 S ... 1004 4 . 1004 IS ... 1004 S.... 1004 a mo, , Chl & Erin lt I 1 .... 7Ui I 1 .... -o Chl & 0 W la t . .12 I'hl Mil A I'Kt I Sound 4a 1 111, Chleniri) Mil & St Paul 4a 1 (17 Chlcaifo Mil d Hi V 4h '2S 0. . 7.14 OhlCHUo Mil 1 23 StP fd t'ia 1 00,4 1. .. 00i, 1 004 ChlcRKO Mil A HI Paul cv 3ft I S 07 C & Nwn 114" 4.... 100 4 . . J00 4 5 .. 100 4 Chl & Nwn 7a 1.... 102W Chl rtwya Ba 1 044 2. ... 04 4 Chl It I A P fd 3 07H 4 07 4 37 .... 074 3 ... 07 'u 13 (a 80) 07 . 1 J7 C U Stn 44 1 80 Chicago Union Sla ct 04a 2 ... 10S 2 . . 10.1 Chl A IV 1 fla 1 ... 1014 2.... 1014 3 . 101 V. C A V 1 7 4 5 OS Chllo Cor'r 0s 1 1 Chile Cop'r 7a 1 . . 04 Chlneeo Gove't Ilu-K ll- Sa 4 434 (ntb'o R 1 .1 13 1 1.1.. .. 1 11. ... S 1 1 134 134 13H 134 13 i T fd S7 r.T f.7 4 37 V, .17 4 S7 4 ,17 4 87 i r.7 4 .17 4 1 M Murine da 3 7M4 1 784 Iowa Cen'M 4e i no Jap Goe't 2nd I... . Mi Jap Goen't 4h 1 004 4 0(14 3... . onu Kan C I't 3 A Mem t 4 a 1 04 4 1 0.1 2 (.4 4 Knn CAS lis 1 .V 2 . . . 5' ICnn C A S S 2 70 It C T Illy 4a 1 72 Keely Sprlnic'd Tire Co 8a. 00 4 110 4 004 0(14 1 ... 004 2 . on :i ... oo 2 .. 0(14 2 004 K K.'lfilum (Iii 1 04 4 0l III". .1 . 04 K IU'Il' m 7 4a Prnna 1 H 2 10.14 1.... 1034 Pere Marit 4 2 034 10 0.1 2..,.. . 0(1 8 0.14 l 8 00 .1 0(1 I Pub Serv Cp'n N Jay Ba 7 0.1 rtedlnR Co 4a 1 IB Itep Chile rtca I 8 074 I 12 074 i 1 07 4 3 074 1 ... 074 tlep'c C Ba '04 4 . . 774 Itep Cuba 4 4a .. 0,1 Itlo (5 A W 4a 1 . . 004 (I I, 4 S F ) is . .. mi 2 .. 004 1 . . . 004 St I. A 8 V In .1 B.14 (I ... BBN 2.. .. .10 12 SO 2 .10 1 . . SO Ht I, A S Prnn Herlea A 8 014 1 014 1 014 1 .... 014 St I. A H Kran Series 11 3 ... 734 3 .... 734 1.. .. 73 4 St I. A S Prnn Series C 2 M)4 St I. How'n rn 17 .' . 034 2... . Oft .1 . . . 0.1 St I. Sw'n let ! 1 07 ' 1.1... . 074 ' St Ij Sow'n .Is I 1 OS I 07 4 i 1 . . OS SI P'l A Hlou City 7a 1 02 2 . 02 Sno Paulo of llrnzll ct 8a IlilJP Treasury 'Building, tyashington NEW ISSUES United States Treasury Certificates Series TM2-1922 Dated August 1st, 1921 Due March loth, 1922 . Series B-1922 5V2 Dated August 1st, 1921 Due August 1st, 1922 i . i... i. .. Seah'U I .. 1 1 . 1 . 00 4 . 07 4 . 07 4 A.I. M 40 40 40 . 40 We solicit subscriptions Price 100 and accrued interest 4 Commercial Trust Company Member Federal Reserve System CITY HALL SQUARE Spruce 8200 PHILADELPHIA 1004 10ll 100 1004 100 1004 101 101 (1) 100 GE0.A.HUHN & SONS .. i STOCKS ANI) lltl.MIS tlembtra nf the l'lill.ulriiihli, turlc raid C'lilciito Moek KirLniiira m New ,VorUCotlon Krhane Commlnlon Ordart .Executed In All tho Principal Market Liberty Bondi Bought and Sold llellyua Court niilf.. HIS Walnut . N. Y.. Ill Ifrnidwuy, Atlautl C4ti Ambataador lintel I 2 . 1 .... 4S Cltv Ilerne 8a 2 ... 08 4 1 1 ... 08 4 I.. 084 ' Cty Chrla'n 8 , 1 Vl"4 City of Copen 1 haien 64a 1 1 . 7B4 City l.yona n 4. . 824 City Mara'a 0 , 1 . 82 4 vMj- 1 r. is its 1 004 S 00 4 1 .. 004 Colo A 8 4 4a 1 73 4 Cona'd Oae 7a .1. . 101 ft . 11114 Cuban A B 8a 3 ... 004 ft . . 00 4 1.. .. 004 0 00 Cuban C S cv 8 04 4 ft . . . mi 4 ft.. .. 044 2. ... 04 1 .... 04 1 04 4 IM A llul fd 1.. .. 70 Denmark Con ct A Sa 3 . 101 1 . 101 1 . 101 Denmar Con ct II St 1 . 1014 1 . 1014 I 3 ... 101 Den ft Tl O fd I 2 .... 434 Iv UeU m rem 1. .. 1004 1 . . 100 4 il .. 1004 I . 100 1.1 . 100 4 2. 1004 Kingdom Uen' marlc ct 8a 1 . . 1024 2 . . 10J4 1 .. 1024 1 1"2 1.... 102 2 102 KlnK'lom Nor way ct 8s 1 . 1024 1 10-' 4 K Sweden tla 1 . S3 4 I.acelrd (laa C of St I. 3s 1... 70 Lake Shore M S n la '31 1. 82 4 I.ehleh Vol (i 1. .07 4 1 .. U.'tlj I, mi A Arl; 3 2 . 00 , "ah il A I- 0a 1 .10 Sinclair C Oil Corp n 7 4 1 . . 014 4 .014 1 01 So'n PoclOc fd .1 .. 7(14 2 704 So'n Pucldo 4a 1 72 So'n Prc cv 4a 4 704 1 . 70 4 1 ... 704 2... . 704 23 . . hO IK . 80 .1 (a SO) 80 South' n Kly Sa fl . . 84 IStBiid d OH uf Cal'a 7h 2 . . 10.1 1 103 4 Suits d Con H 5. . . 1054 1 . . 10.14 Third Ave 4a 3. ... 404 8 .. 80 (Mat A Del Ba 1 ..70 I'nion Pac fd 2 . . 77 I'nlon Pao cv S ... MS I'nlon Pac 4 a 1 1 . I.. 4.14 'I.ou & Naah 4n' 0 b2' 814 81 el 4 814 814 82 81 82 81 Manhut 1. d 4'rnlon Pac 1I.1 1 ft 3 4 Mi'X Petr'm ha, 8 Ill) j i . on I .1. . . Oil I 8 ... 00 I Mid S ft Or Sa .1 . . 70 ft . 7U Mill St P & S Sto M 4a 2 . .78 4 Mo K ft T 4a 3... 01 Mo Pacino 4a 2 .33 4 1... . r:)4 SO . . S3 4 Mo Pac 3 0.1 2 . .78 3 . . 70 Mont' a Pwr Ba I... . 8.14 Mor'a A C 44 8... . 74 Naahvllle Chat & St 1. St 1 0.14 ft... 01 New Or Tex ft Mexico Sa 1 B7 4 21 87 N Y Cntl 34 1.. . 004 N Y Ctl en 4a I.. .. 71 1 1004 .1 1004 C K ot fl llrlt ft I'd 1021 0. . 00 4 I 00 4 1 004 U K of ii llrlt ft I'd 1022 3 . . . OS 0 B ... 08 0 U K of (1 llrlt ft I'd 1029 $1,061,000 City of Camden, New Jersey 5-h Bonds Dated August 1, 1921. Due August 1, 1922-1961. Principal and semi-annual interest (February 1 and August 1) payable at the office of the City Treasurer, Camden, X. J. Coupon bonds of $1,000 denomination regitsterable as to principal only or both principal and interest. Tax exempt in New Jersey and Free from all Federal Income Taxes Legal investments for savings banks in New York, New Jersey, Massachusetts, Connecticut and other states. Eligible as security for postal savings deposits. i IB V K of il New Yli Cll 0U S . ... 014, I 1 .... 01 .1. 1 01 4 I 3 New Yk Cp 7a 1 I.. . 102 1 . 101 3,.,, 1014 884 I 884 . 8S4 ' 884 ' 88 4 88 "4 88 4 lilt ft I'd 1037 i I. . . 80 4 ' 2 . . 80 4 , 1 . .. 804 , 1 . 884 1 8(14 , U H llraill 8a , 3 084 ' . . 084 j OS 4 . . 00 I . . in i 00 i oo on 00 Melco At 43 .. . 41 i.i ! 4.1 i . 1-1 I 2 43 V a nubb'r fta . 1 TO I 3 10 B 0 1 2. .1 The City of Camden, situated on the Delaware River opposite Philadel phia, is a substantial and thriving manufacturing and industrial center; also an important shipbuilding center. Among the more important manufacturies of the City are chemical work; asbestos, wall paper, oil cloth and morocco leather factories; woolen, worsted and yarn mills; iron and steel mills, and boot and shoe factories. The assessed valuation of taxable property is officially reported for the year 1921 at $123,095,359 and the net bonded debt as less than5i:of this sum, or $6,580,522. The population according to the 1920 U. S. census was 116,309. The bonds now offered are issued for school, street, park and harbor improve ment purposes. AMOUNTS, MATURITIES AND PRICES $34,000 due August 1, 1922, to yield about 5.75 $34,000 due August 1, 1923, to yield about 5.65 'f $34,000 due August 1, 1924, to yield about 5.60 $34,000 due August 1, 1925-1927, to yield about 5.50 $35,000 due August 1, 1928-1929, to yield about 5.50 $35,000 due August 1, 1930-1935, to yield about 5.40 $35,000 due August 1, 1936-1940, to yield about 5.35 $17,000 due August 1, 1941, to yield about 6.30 $19,000 due August 1, 1942-1956, to yield about 5.30 $20,000 due August 1, 1957-1961, to yield about G.30 The National City Co. Estabrook & Co. Harris, Forbes & Co. The' etatementa contained In thla ml do Hut rilcment ore derived from eourcea which .riianinioo but be lavu them to he correot. UJ ; i fcsk IIJZ J .... T8K -4 Vi , rtiii
Significant historical Pennsylvania newspapers