,V'H
vv
EVENIJNU PUBLIC jEDGEK PHILADELPHIA, MONDAY, AUGUST 1, 1921
16
R .t.,ii
15' ' ..-
Fv.Vj
i
li tv :
8S..
?
J
ft
.-
ii
V
tint.
Wfcn1;
r-AB
; worn J
n
i
A Hydro-Electric
Power
Twenty-Year Bond
Yielding 7.45
Secured by mortgage on all
the property of the
Central Maine Power Co.
lerving an old-established
industrial territory including
eleven of the sixteen counties
of Maine.
We have been identified with
the bond financing of this
Company for the past twelve
years and recommend this
issue for -conservative invest
ment. Price 95V4 and int.
Complete circular on request.
Harris, Forbes & Go
Pine St., Cor. William
NEW YORK
Philadelphia Office
Wldenor Bldg.
Telephone Spruce 7040
MARKET DISPLAYED
NEW YORK STOCK EXCHANGE TRANSACTIONS
HRIRS
vtx -wMaNB uauaaaaaa
3Hiil24VS2S
mmF
Tl mil i
2"Tr inrcimtuuuiM
Saving
XLD a lvion
th
over n period of thirty years
and applying it to the pur
chase of bonds will accumu- g
late a sum of $25,000 if our
plan is followed. s
Ask for our booklet "Invest
as You Save." -3
Si
BATTLES & CO.
Fi-abHihcl IS9H n
Independent- Sqnirr (En. I) si
mmmiiUMmi!omwmmmM$mxm!i&
M,
Spruce 8200
BOUGHT SOLD QUOTED
U. S. Treasury
Certificates !
MUCH BETTER TONE
Broad Covering Movement in
Industrials and Good Buy
ing of Rails
New York, Atlg. 1. The trend of tn
ilny's stix'k timrket won steadily upward.
There vnn not much to it hut the under
tone wns ileeiilel) Ntroiift mid between
n broad i-nverltiB niou'iiiciit on the one
liund. nnd moderate pool operations on
the other, there were a Miliinntini im
I provement In prices prftt well nloiiv
tlu whole line. The more consistent
i utreiiEtli wuh njaln illsp'njed b the
I i ii II dlvNiou. but the lmlutrlnl Rroups
were nl no participants. Iiniiroxeiiient
In the fntTijrn e.-iclitinqe iiliil plentiful
' supplle.s of monp) nt tow rates, were
i he principal itiimilntiiiK factors iipnrt
f i itni the technical iiitliteiii'C"
Over the week-end, ilevclnpineiitH
foiled to suppl) any parllculm- chiniKc
in the neneriii conilltlou.s, but tbcic
. oeemeil to n diopoidtioii to take n more
hopeful view ot the situation. Th.it
is to snj. there wiih u disposition to
pick out' tlte better points mid Iminli'
I the nd verve siile. '1 he luiKCHt iletlcll
of the year, repo-ted by the Clearing
1 Htm.se institution on Sutunlay, was
entirely ignored nnd generally accented
us puiely a tempoiury technical con-
dltiiin. This thenr) was corrobornted
in the i-ontini.eil euseinent of the money
market conilitionn, with tlie. rail te-
i uewiil rate njjnin fixed nt -I1 j per cent.
Money it is unilerxtood. was freely of
lered on the outside under that rnte.
One of the muM encourasing feo
tures. however of the early dealings
and which did much to add strength
to the uliseiiient dealings was the com
plete nbsenip of (piling pres-Mire. This
wai accepted as .ndicating its tecont
llUiiidatlng movement in varloiih itidus
trial Nperiultlo had been completed for
the time being at any rate. The ab
senee ol weak spots during the uioinin,.
encoiiiHged mole genrrnl bu.iiiig for llie
long account . and the consistent cuar
iicter of th- iccoirr) movement imt-
uinlh inr-ec-eil llie uneasiness Hiiiong
the iiiit-tnmling shorts and before the
end of the Jir-t hour there was n gen
oral over.ng among Industiiul i-tncks.
I'i ins started lo climb from the out
set and before midday gains of one to
two po.nis were common with virtualU
n I the speculative issues repiesctitcd
Ho.iul Dutch for n time was one of
more uoticenble exceptions nnd Mei
can lVtruiuim also dipped, but the
1 latter soon rallied Investment ruil
rond shares were in demand at nil
l times, especially the rarities as result
I nf the more cheerful advices from the
West, the outcome of the heiiv) grain
movement.
PRICES FIRMER IIS
THE LOCAL MARKET
Both Pennsylvania and Elec
tric Storage. Battery Break
Into hen- High Ground
Stale
I0
.101)
100
(100
.100
too
too
too
100
too
too
400
too
loo
too
lA'l
180Q
100
too
.1100
too
I too
eon
1300
ono
loo
too
100
1011
moo
700
sou
too
too
7400
ly3U
ton
410(1
100
100
i oo
soo
loo
saloon
Hon
100
toil
I.Oll
loon
inn
.1100
II Oil
400
4100
?l()
300
'Mil
1000
100
too
too
too
1100
In t
Hlsh
. . Adnma Kxpress 48
.. AJax Rubber tH
. . Alnnlca Juneau O M . . . I H
4 Allied Cheiti A Dye . . R7J
4 Allls-Chftlmera 31
. . Am Agrlc Chem . .. .14 '-4
7 Am Auric Chem iif . . SO
4 Am Hank Note . . .
. . Am Ileet Sugnr.
. . Am Honcli Magneto
. Am Can
1 Am Car & I-'dy
Am Kxp'eii . .
. . Am Hide & Leather. . .
.. Am tntirnnt Corp....
. . Am l.ln.sced
Am I-ocotnotlve. ... . ,
Am Iocomotlv pf
Am Smelt & Hef pf . .
Am Sugar lief
Am Sugar Kef pf
Am Sumatra
l Am Tel A Tel
I Am Tobacco ,.
1 Am Tobacco II
7 Am Woolen . . .
. . Am Hlnc Ijeail A Smlt
M
.11
.11
MM
lit
101,
.1.1
13
Mli
10?
lift
!;
NO
40
iosh
t.K
IMS
IVa
H
. Annconiln Copper .. . .1714
6 Apho Oil 101
6 Atcli Top A Snnta F"e tBH
(I Atch Top A SPpf..,, 7IH4
Atl Gulf A V IMS... 22
7 Atlantic Coast Line . . 81
. . Atlantic Pet 13
7 Baldwin locomotive. 7H
Ualtlmore A Ohio. ... .10 J4
4 Baltimore A Ohio pf. li'l
A llethlehrm Steel n. . . Al
Brklyn Ilup'd TraiiDlt. 1114
Huttcilck 18
0 California l'ucUtng . 7
.. California Petroleum. 3t
t Calumet A Arizona... 46
10 Canadian Pacific H8Ji
Central Leather 34H
Central leather pf . . . ON
5 Central of N J ISO
a Chnndier Motors .... 0
. Chesapeake A Ohio . 51 ls
. Chicago A 5t West pf 17
.. Cb.rago Mil A St V. . 28 &
. . Chicago Mil A St V pf 4H
S Chicago Vorihwestern V4
. Chi U I A J'ac 33H
Chi It 1 A l'ac d pf. (IK,
7 Chi. H I A I T p c pf . 7S!a
.. Chile Copper Kli
Coc.i-Cola .... 3
Colorado A Southeni 3M
A Collitn (5aa A Eleo . .
. . Consolidated Cigar
1 Consolidated Cas
S Corn Products lief.
1701) 1.8(1 Cosden A Co
Their was a much firmer t"ti" to the
local ma-ket. With roinpni arivelj few
inrf" of most ol the irti-
friiclloiialiv
pru
All Issues
1
il
" ii
'"Mlllftl
KrrniTrFJs nn'RTMKr
Commercial Trust
Company
MmWer r-lfriil Hf-rr- s
City Hall Square Wett
Emu. 'i.i ii i''ii ii ii' ''i inrtiMi im w 'siii'iiAiHiiWi vu.'.y)
ESTABLISHED 1I1G5
BIOREN & CO.
BANKERS
410 Chestnut St., Philadelphia
exception
senintUe shu'ev were ruction
i ljher. renncyhanln Uai'ionil nnd
'lleitrir Stoiae alll'en lontinncd tie
fi-nn'st features, and both registered i.w
high ligiirrs fnr ilie iiiovnnenl at "v
mhI HW.j -ospettveh (Vh siil.. of
l'i ntislvii!il.i i"f iiride nl .'1k. n ilie
-rock s-ild e dlvideut in tlie irvulai
av
)euliiigs in all parts of the li t were
"ii sinn'1 s.a'e. but the demand wn
muted as Ii v:is iliu'lnwil n scant mo
nl v l.ehlgh Nnrigntion. Igiioring the
'trike news, advanced to ."4. I'hiladel-
'iiii Kapld Transit in'lied u 17 on
in-ill transactions. IMii'ndelpliia Elec-iii-
i-sues lennined well siis(ji ined. T"
i I ilnitiped bni-k t" 'VH on n few odd
'nt
While 1 1 ere whs n-itliun; ditinite cun-
"nitlS tn futin-e lig stptimi for
Mieilxiii ihe 'ni-ii1 g-is nii'hl. -in there
'us a ioiiiMhii tee in: e.itei-tiiineil in
-"lie nf tile br-lel infor'iied circles that
i, ti agreement wouM he soon leached
vliii Ii would do much to ilear up the
.11)00
19.1(1
31.11)
2JU0
100
300
000
100
100
200(1
100
I no
3100
too
13800
1.10
3JIII
111011
130
1SU0
100
100
100
H00
A00
500
210
100
100
SOD
200
.00
40
100
ton
I iinn
IHIO
1)0
433')
21D
1 700
101
!05
100
.100
4 Ciuclble Steel
Cuban Am Sugar . .
Cubu Cane Siif.nr
. Cuba Cane Sugar pf
Denver A Itlo Cir pf
5 ICndlcott-Johnson ...
. . Erie
. . Krlo 1st pf
JCrie 2d pf
Famous Players L
my
30 h
M4
204
jih
I7',i
30'
Hi
0114
14'.
tSH
14V4
47
4 Federal Mln A Smlt pr 22
10 Kahcr Body -
Flflt Rubber ... 13
. . GUHton Wins A Wig . I H
Ocnernl Asphalt . . !4
3 General Asphalt pf. )
r General Klectrlc . . . 110
1 General Motors ... . lof-i
Goodrich B V . . 32 fi
7 (Jteat Northeni pf . . '44
4 Ot Nor Ore ctfs ... . It'
I Uumitanamo Sugsr "'fc
Homestake Mining
. Houston Oil ;
1 Hupp Motor rHr.... 1 1 6
7 Illinois Central . . . OJij
o Indlahom.i Itef . ... "!4
Inspiration Con Cop 3.1 '4
Interb Con Corp ... 4
7 Int Harvester new 73V4
fi Int Mer Marine pf 44'..
International Nickel H'i
International Paper 33 H
. Iinlncible Oil Corp IO'jj
lion Products . . 25
lei.iiid Oil . . . 3
Kansas Cltv Southern 20 U
Kansas Clt) So pf . SOU
4 Krllv. Springfield Tlr.- 44's
Kennecott Copper ... 1)"'-
Ke stone T A L 13 H
t..u-Uawanna Steel .. 3d',-;
Lacledr (las of Si L . 32
I.e.- Itiibber Tile . . . 2S'i
II .111 l.-h gli V.lley ....
I.OT
4S
2.1
1
37
3t
S
00
5314
31
31
20 ti
124 14
11814
1014
.13
23
S3
1MU
UK
no
4S!j
iojh
I18
H3Ko
7li
N
37'.
101
no
70
21 H
MH
1.1
70
30 K
31
SOS
HJ
70
ns
36 i
40
n:ii.i
31'4
AS
ISO
44
17'i
IN
43
7
33
V4
7.1
I0W
34',
3s
3 Va
301,
NH14
Of)
2S14
55 1,
10
I0J4
29
W
1H
I3H
isi
H',4
4 II 4
27
S2
ton
IVa
5314
Ss
It'-.
1UW
32 U
73 b
27'4
9H
30
57
II '4
35 Va
2'4
:u ',,
4
72',
44'i,
l!e
.M
0i
75
2'.
2.1
511
1.1
19
12 s4
3914
37
7l!'j
33,
14
l
1.S0 Nt
p. ir. ch. '
4S Va
134
37
31 T-
14 f
00
534 4
31
31 -
to4 4
125 4
118ft
l!4-
33
12
JI4 )
IOII4
71?.
CUT r
8 4-
4 HI,
10514
1244 4
123 H 4
7i?; 4
H
3714
101 r
KOft
7Bft4
21 f
NN
1.1
10M4 h
3 H- '
57
3ft 4 I
12 14- H
78
57 I'4
36HX H
4S34 4 1H
1
114
it-
Va
II
H4
ft
fi
14 ,
ft
Ift
ft
ft
2
K ,
4
4
ft!
4 I
H ,
ft I
4
Dlv.
In I Hlh
7 Liggett A Myers pf...lSl
. . Ixiewe Co I
1 Ioft Candy ft
11 Iorlllnrd Tobacco ....148
7 Lorlllard Tobacco pf..l01
10 Manntl Sugar . - 38ft
7 Manhattan Kiev guor. 404
.. Market St llwy pr pf. 3,1,
.. Marlnnd Oil 14 ft
. . Ma.t Motor 2d pf ctfa. 2
a May tept Stores 70
11 .Mexican Petroleum ..t06
ItOO 1.00 Middle States Corp... lift
1700 . Mldvale Steel 23J,
700 7 Minn St P A S St Mo. 09
300 .. Missouri Pacific 71
. . Missouri Pacific pf. . 41ft
3 Montana Power 304
. National Acme 14ft
7 National Biscuit HSft
. National Con A Cable I
4 National Lead
7 National Icnd pf . . .
. Nev Con Copper
5 New York Central. . .
. New York C A St L.
Sale
100
400
300
100
16
150
300
100
100
100
too
1S00O
400
too
too
too
100
100
100
7500
1000
too
700 1.80 New York l)ck . . . ,
,
ft
ft
ft
'4
I
113ft
34 i
OS
100 -
414
17ft
28ft
43 4
07
3.114
4ft 4
75ft J- IN
10 ft Va
34!, r ft
3S r ft
5ft
3oH-
HHi
08ft I
29 ft 4 ft
50 ft i
17ft '
lift i
10 )
Ift
01 ft -
14 ft
14
14 ft
404 r
22 1
87
104 -
ift
55ft -f 2H
NH 1
119ft t
10H
32 ft '
74ft -77
a
9H
30
37 f, r
us ;
ilSft 1-
7ft
33 ',
I 4
73 ft !-
44 s ;
14ft
33 ft -1')ft
I
23 -
2ft
1300
230
5000
100
100
300
100
100
3000
flOO
500
100
2000
1000
100
200
100
100
800
700
4500
00
MOO
100
100
400
600
1000
2000
000
1000
800
100
74 H
A3
10ft
72 U
53
31ft
17
BOS
70(4
Ui
34
New York N HAH.
3 North American . . .
7 Northern P.ielP.o . . .
. . Okla Prod A Itflf. . . .
. Ontnrlo Sllxer MlnliiK
Ornhctim Circuit in
a Otis Klevator 00
1 Owens Bottling 2
. . Pacific Oil 37 ft
A Pan-Amer Petrol .... 19ft
fl Pan-Amer B 43
Penn Seaboard Steel.. Sft
Pennsvlvanla II It Hft
. . Peoples Oas ChlcaRO. . 34ft
. . Pnorlo A Btostern II
Pere Marquette It
. . Pere Marquette pf.... 39
a Philadelphia Co 30
Phillips. .tones 75
. Phillips Pet 17 ft
Plerce-Arrow Motor . 14 ft
. Plerce-Arrow Mot pf 30ft
Plerco O'l 7ft
A Plorce Oil pf 31ft
ft Pitts Coal
8 Pressed Steel Car. . ,
A Pullman
. Punta Alegre Sugar.,
4 Pure Oil .
. . nay Con Copper
4 Tleadlnc
Republic Iron A Sieel
Republic Motors
4100 3. in Roval Dutc'i N Y..
70 H '
30
43 ft
19'.. '
124
30 ft
32 -
2Fft
31
Va
2
i
ft
H
i
H
A I
IS '
li
Ift
S
ft
1
ft
3ft
'9
ft
07
1500
401)
7)0
900
2500
too
4401
0300
100
1200
200
200
100'
100
S100
700
500
200
500
4930
1000
1590
800
HOO
300
400
34H
584
9.1
37
2Aft
12V,
70 ft
471,
lift
52 ft
II
1ft
27 Vi
"2
ft
ft
Va
1100
390
ion
:nno
1 0401)
700
noo
111)0
i:tni)
91)0
300
101)
1(10
300
c.oa
101)
j:iu
llli)
7111)
1 St Joseph liead.
. St Louis San Fran. . .
. . St lyoills Southwest. .
.. St 1-ouIh Southwest pf 37ft
Sears-Roebuck 654
.. Seneca Cop Corp ... 174
Seaboard Air Line... A
.. Sinclair Oil 2()ft
A Southern Pacific ... 794
. So Porto Rico Suitar.. 3Nft
. . Southern Rail 21
. Southern Rwy pf 4Aft
. . Standard Oil of Cal. . 75ft
ft Standard Oil of N .! . .13?
7 Stand Oil of N .1 Pf. .107
, Studebaker 7SJ
1 Submarine Boat Corp. 4ft
. Superior Oil Curt 4ft
.. Tenn Cop A Chem 7ft
.1 TexaH Co 304
Texas A PaclPc 304
I Teens A Pac C A O.. 10ft
II Tobacco Products .... 59
Trans Con Oil 7ft
10 I'nlon Pac.flc 12ft
00 ft
39
1U3
53 ft
17ft
54
754
, 1074
4Sft
, 29 ft
4 t'nlon Pai'ino pf.
K rnlU-ll UIUK
100 3.30 I'tilted DrilK 1st pf...
A United Fruit
3 1'nlted Retail Stores.
C S Food PrmluclM. .
..US Rubber
5 L' S Steel
7 r S Steel pf
I'tllll Coppei .
. . Vanadium Colli ....
Va-Car Chemical
. Vn-Cnr Chemlc.il pf.
. , Wabash if A
W.llB l-'nro Kxprens
j W.Htefn I'nlon Tel .
4 Wi'MtliiyhiniM' K & M
. White Oil Corp
WillH-i)fr'iind pf .
Wheeling A I. Ii
a WurihliiKion I'ump
Wrllfht
Bx-illMlei'1
7S
27 ft
59ft
"Ift
4.1 H
1)
7
U
411
U
Ixiw
101
"Ii
ft
US
101
3S
40
334
Mft
7
7
104 Va
10ft
2.1 4
OS ft
20 ft
41
304
14(4
113ft
1
74H
10.1
10
72 ft
3.1
32
10ft
00
78
1ft
34
20
90
79
30 4
494
43 ft
Hft
37 4
34
II
21
39
30
70
17 ft
14
29
7
51ft
34 14
58
024
0 4
2? ft
12ft
AOft
47ft
lift
52
74 ft
27
37
85
17
0
20 ft
79
3Sft
20 ft
40
75
1.15
1007a
77 H
4ft
1ft
7ft
33 H
.13 '4
10
5 ft
7ft
121ft
A3 ft
K0
30
Hit
35
17
33 ft
74.',
1 07 4
47 ft
23 ft
21ft
(12
22 ft
30 ft
Sift
4:1
:o
11
411
0
1.30
p. jr.
lot -
II 4-
ft
148
101 -
38)4
Net
Chfto.
- 1
ft
40 r 1(4
ft
ft
4
I
Ift
CURB
BONDS SELL
3.14
14 ft-
1
70 I
It) lift I
"ft -
24ft I
A0 (4
21 ft
41(4 1- Ift
36W Ift
14ft - ft !
113ft
AT BETTER PRICES
List Dull, Without Special
Change in Pripea Oils Firm.
' Mines in Demand
Now Vorli, Aur. 1. The market on
the New York ('nib Kzi'liange today
jjrnprnlly continued (lull and without
sprriol clianRe in pt-lcPH. wflli tlio ex-
...!.... nt ,.....!!... In 1..ii1s it-titrtli U'A.S
I (4 ' nullum in in....... ........
ft rniny nrtivr nt Iiettrr prices.
744 4 j llolbrnok Co.. Inc., 11 new slock, was j
'lo - Hllr",,,Ml ln nt UUj "'"' '"'fr- s",cl',
72M4 H '' f America was in deniaiul fioni 1
5.1 1 Inside sources nnd advanced to 'JTs. I)"'
.11 t'nited Hrtnll Cn ml v wns heavy fit tl'4
17 (lien Allien Coal Hold nt '!! nnd 'MXA. I
o4 54 RrltlKh Amorlcon Tobacco coupon slock
79 4 was trnded In nt 1U to HT's, while To
Ift barco I'rnducl.s Exports whh heavy nt
' 34 - Va ,-,1,4 to 5.
20 ) Thr petroleum stocks were lirnily held.
80 " , but business in thnt group continued
H,, . . 1 extremely Mnnll, without hpcclnl cliniiRO
37'.n Va l ,.,.,.,lu Ul.t.wln.l nil ,.f 1 ti.tln tin
Aut 47 .moved up from "!, to (18U- Cities
nit- Hcrvlre xold nt 111) to l'JO nnd the .
- x (l Unnkers' ahnrex were trndc In ul ''l
18
34(4 f
II -71
4
39
.10
75 1
17(4
14', '
30 ft I
7 -
51ft r
0.1
31
20 ft 4
12
70 -47M
t
"ft
32 ft '
I
73 ft
27 ft
37ft
A3 14
17 ft '
r.
70 ft
79ft
.Hft
11
40 ,-
73 ft i
1.13 '
107
78 h
4ta
4ft
7'. I
no ft
304, -70
ft
3S'-s -7ft
.
121 ft ;
A5ft 1
no )
3 1
1(13
33 ft
17 -31
'4
75 ft 4
107)4 .
47 ft ft
19 'i
27
7ft
27 ft J
611 ft .
Mft V
43i 1
8 4
29
II
411
ft
nnd t-l. There wn koiiic buslneHS in
Cnrib Hyndicnto lit 4Vs to 4-,'h.
Interniitlonnl Petroleum cold nt I0i
nnd 1((T nnd Mnrncaibo at Ul nnd
IMTa. SlmniH Petroleum wna virtually
unrlinnged nt (t1; nnd Skelly nl !ITt.
The mltilng Btockn continued in de
iniind. Hostoip and Montntia wns the
htrotiKest font tire. There nlso wnn heavy
trndltiK In I-'lorence (loldlield.
INTI'NTK!I.N
Ileth MutlllH
l)rlt-Am Totmcto rcnip.
r; Car l.lnht
' I Columbia Kmeialtl ...
Com Finance
ft Com Finance prf
4 Klnplre Fund
ij (lien Allien CilI
7? Ifolbrook
' N J Zlne
1 Prfoctlon Tlr
s ' Rndin Com pref
Sweet Co
,. Toh I'roil Kxii
; V M Hhlu Corp
3 ' U H Hteiim
Va I'nlt'il Profit Hlinrlnir .
1 United lift Candy
4
ft
Ift
ft
'4
ft
ft
ft
14
(4
ft
.M
n
ft
STAMIAKI)
H Oil ot lnd
tllrli
. 03
. I'J
. I'4
. 7.'.
. 4H
. Ill'
. IT.'.
. 31
,. 114
.110
.ion
34
OILS
OH'j
I i.v
03
11'n
1'.
73
48
l2
34'.
ll'k
UK
IIS
!'
3
Ul
:u
1ft
1
I Jl.
tin
11
l4
75
48
(12
ar.'s
3S
M'.i '
1111
mi ,
2'.
a:
''.'ft1
1H4
7's s';
PRICE
UlrpvQ ARE ADVANCING
jDvyllLyiZ) Because Money IS Cheaper
We Own and Offer
$25,000 ATLAS POWDER CO.
71A& (Convertible Gold
Bondi, due 1936 962
(Interest February 1st and August Int.)
25,000 MEXICAN PETROLEUM
Convertible 8 Gold Bondi,
due 1936 Market
(Interest Mny 1st and November lot.)
20,000 PORTLAND RWY. LT. &
PR. First & Refunding 72
Gold Bonds, due 1946 96
(Interest May 1st and November lot.)
10,000 CLEVELAND ELEC. ILLUM.
CO. 20-Year 1 Gold De
bentures, due 1941 95
(Interest February 1st and August 1st.)
10,000 ERIE RAILROAD 6 Equip.
Trust Certificates, due No
vember 1st, 1924 95 Va,
(Interest Mny 1st and November 1st.)
10,000 AMERICAN TELEPHONE
& TELEGRAPH CO. 67
Notes, due 1922 99
(Interest April 1st nnd October 1st.)
10,000 SUN COMPANY 7 Sinking
Fund Gold Bonds, due 1931 9124
(Intercrt April 1st and October 1st.)
5,000 KENMORE PULP & PAPER
CO. First (Closed) Mortgage
6 Gold Bonds, due 1937. . 87
(Interest February 1st and AuiruBt 1st.)
Pennsylvania Tax Refunded.
Yiin.n
7.90
8.30
7.85
7.50
7.60
7.1 5
8.25
7.40
GARRISON & CO.
1030-32 Widener Building, Philadelphia
Members Telephones
Phila. Stock Exchange Bell: Spruce 8370-71-72
N. Y. Stock Exchange Keystone: Race 9721-22-23
INtlKI'lTNIIIWT Oil.1
ft
l-u
ft
Sft
ft
Allied Oil 04
i Huninii Wjomlnif 7a
Carlli Sin 4,
Cltlei rtirvlie (old) . . llio
t'lllea .Senile "II" clf H
Denny Oil 14
il-eileral Mil . . .. I1,
lllminon Oil VI
Int ivtiol in',
Weyntoliti Itutue 30
l.jor.n '.10
.Vanuatu. Oil -1W
MerUliii t.
.Mexico Oil j S3
;Jfl(liest Oil pief L",
Nil Am (ill l"j
Hnlt Cie-lt I'ro.l lii.
Slmmii 1'et ii".
XKelly Oil 3?s
Hi
Commodity Markets
DECLINE IN COTTON CROP
Financial Briefs
it , Tiion
V.
3lArixonn THlagonln
7; I linntnn A MontonH
.Caliil Mln
' 'Ciimlr'arlt M . . . .
fiemoii (.lolil .. ..
Dlvliic Cil
IJiiieliu CrnHHUv
i iMt)M lrenc
llurmlll DMile ..
Imiln MlnlnK
Miismi V'nlliv
N itlonnl Tlu .
Xllilnsliu; . . . .
I!u Hi-Hi. Ii-s ....
!l"X i'OUB
r'Uit-r jrniN
TimoMiti 111 ii .'ill ,
Tone lu 1l Dli Id.- .
Alllrd I'kiker (In . . .
All'cd I'lHker ll I If
Anm Toll 7. ll'VL' .
Amn Tl U 111.-4
lAiiui'omtu 7t tl'.U .
Anxlu Amn 7Li m
Aimimi im
lletli Htrol 7 msn .
Can I'uo On
ClllCUEii (' Mu il't"
i tin (ini Su.
MINIMI
GRAIN MARKET
Chli-iU'o. Auk 1 Wlieiit itnitcil itb
St ;it ember V' '" 'j'- I'is'"''- '""I )l'
iii'nbe- ineliai sre I to -li'- IiirIkm. uitii
1 until.. Willi oltllwe-teril lillllie liiHlil
! iilint llie lii'ii-.' Meav lioitii. sn'il l)lh ,,f nt oiliu-t loii i-siieil todnj
i. tli" uiititin 'Ilie urn rti't 'ii n '' ii... ,,,,1 t of A'-'iii-iilturi. a lolnl
iiw. ,itli lnd' i nini'iirnir-eiv nui
Iteceill ln-iie.'iii S-itiinlny weie ."II
inri; InM n'tir 'Jl" ''iir T'ne ivmli mnr-
. ..( itf ttv- . t ... ..... ,.. ,.......
.Itu-itlon In lone run It wn. iminte, "' '- r.-r,,,..-.. -,-,-.....
out h lunkliu iiiTereMs 1 lu,le l.nll vv her :utoti-
n 1-lo.e mit.Iv o( the lornl Ri. sltlia- ;""' '''11 T ., , ki I,-.' of 1l,e neu
linn, that the turnlns down of the Hlll I'arvest.ne ami th, ma rMlns I
ordinance -voiil.l provethe beM tliinK ?: ?"" ' ' wb ; U
ill- nnii ... .f .....
the eoincany
Government,
Municipal, -Railroad
and Corporation
Securities
V-N .r -i V-tr Yntk' ntul
I'll hmr'ithm ittorL K icttnngri
Ki'MTiuwiii., ni'ii'in wwiiiiwii'iiiiia iiiiw i, jwiiUtm
ever linppeniHl for both
ami conmiincr.
It wan intitnated that a lotiK-terni
lontraet now uiiiler considei-atlon will
beve mueh mure -atlnf(-tori resuItH
j than the ship-"hod temporary smearing
over of t
n ui'f.
not aeroDtnble to mony growers.
The jirnnpctt. are for ilecretiaiiie re
eelpta. A Hlwral Itifrcasie in expected
to be shown In rhe vImWb supply today.
The foreign aituatlon la mixed.
Boll Weevil Responsible for 230.000
Bale Drop In Production
Wunlilntfon. Auk. 1 U'-' line "f the
rotton crop duiinc .lul n-siilteil In a
li-.liu-tlon of Jilll.tllHI bille- ill the fi
Ii the
I ..I-
ei'in inieui oi .ikiii-""""-.
S LU'UHII) bale- beiliK estlliniti il !-ioiiipiii-.'il
Willi s -l.'Ci.OII.) b-ilen a iiiuiiiIi
ago. The cotiillliitii of the croi declined
(.i'i points.
'Cotton Mifl'eied more than the u-oial
ilecltne during .Iiii.v. heiiiB damaged pur
tlcilliill b the bull weevil." nalil a
.mieme'nt ' aecomnanvltiit ttie liitureB.
..,,....- . . . . . niivil rtu'llli T " yiiwvB ua..i.vtii . i i -
"DaiunKO from thin itiBect tlirmiKliUHl Urt few wicke thut n buyum wni ut- i t'n Drim s
the belt Iiiih been lieavj and the threat ircted. , Vacuum 7i
Thr uv.traun nrli- uf IllHntl HCtlie lntul'
HUI clocki. iiiliHiiio.! o II' v-i lent on hat- Cupp-r Export pi, lfi'.Ti
unlai t H" so while i'iit rallnud-i wire u.-n Ainlmlt Si
ihiul-!! ui' o -I.i irr cent to i.i us liiili-tia ia ...
. Otuidriuh "h
i'n nl I ".iiliil n .Ifflc-li ..f jn Jim "On In Ui-yiil TiunK H'
Ui.' nil-ouil 'iin.Hn iMiiUblid II 4;.u Him 11. ill nil
.omh fru'ii nuorHtlonH fl ;oic. nun ul ufiieial
it"l ifa, nnd 1 4. Mi I 110 "f IhiimI llll.K.l. lit
iiim 14.4.'i 0011 loiM. u tioin oi rh'lun mi.
1 ! niHlc'i To i 1 em or (.1 unn u 11 i-p
le filled th' MlHllK olT nf 111. wlii'll wri
ki .it end in firt-l qinirii 1 ui') iir.ic.i
ht'ii iiirn.d Into nnlHIiil 1 hei
111 i '" ek
1m1 nun .
Tliete li 11 Utile ii.'iK'r denial"! lor Hun
daid Oil imiuvn with l rMlii)"iu-nt l!,llt ifil
-loii'inout In the ton. ot tin. mu1 kit wnuh
o far N nieieli nlRiilr r nnc miliei man Im
portunt tltundid Oil prlceH In ihu In nt he
itjI monlim liroko budli, iitotiK with .to.-l(
of Independent cotupan w mid It whh only
whim etiine v low prices wuie mtina in ino
Id ln Co 7ii
llutiil.'H Oil 7
llll-ltiorii Th
lll 1 'llll.ll 1. ' j H
Knllllii "II 7h
l.ll.ln Me.S'elll T
V II A H 4 .
.('HI llOflllll k 7h
foltnv Hb
houllii 1 11 Ui 'li
HotlthweM ll-U T
H 11 N V Ti ll'.'ll
S O N Y 7b 11131
B () N Y fl'-ti a . . .
Swlfl
Ili'JS
.1
H
lf.
ss
11
41!
II
ft
no
-'!'
II
It'.
1A
Ml
. 43
III
till
U7'n
. IM'.
. ll'lj'v
I'll".
. IM'.
. n7s.
IKIVj
1HII.
HIS
Hi''.
. 113'n
. li"
. mi1.
. 1171
iiii'j
lis
Ml
Idl'.
mi'
III';
' 1
. I'TN
I'll
1)7".
Uil'i
lll'J1.
Ill
To
IS
111'
14
1'.
"1
ltiS
.'"
110
Jl.
14
i'i
in'.
.
a
01
7.1
M3
M
l.
:n
an
in
11
4'
i
mi
IS
a
1.'.
1 ',
04
'is
120
14
II
I'i '
il 1
I0'4
no 1
im '
L'lTi 1
14
71
J, !
1H '
10 ;
11'
IS
ul
ft 1.
73
33
N
lt
33
41
4 J
II
4Vi
IS
00
JS
:(
11
no
ini'i
:".
!"l'
is
so
nil1..
iS4
III',
ii'ts
im
7'.
im'4
lirJU
. KI4Vi 1ll4'i
. lim'i inn,
43 43'i
Hi 4 .
Ill) lot
117 Vj UT'4
118V as
liiuS inns
in'.". liOS
HIS HIS
H7S H7S
mi', lnf'i
inns 1 onv
llll'd tlllf
III. I lllll
on1 j n.m
of continued mid Increased ilailiane IS, A fvurutle nlwwlnr hH been made b
ei-v Kei'loun In tunny sections it prom- 1 tne Canmlian Hat-ltle It. iho tirm l inontln
1 ....b. nil ....... .,... 11.1I1 't Ihu vniir .Ni eMrnliiim for ih. half jiu
les to take nil new ciuwtll. wre nubamntlillv ulieud of lMJ') ami mm
rll.l .......II In. 1 r..uil1tu ni'i'ftlv rriltll V... kur.ilnj'H I 1...,. .....u flilil "On r.i.ip..
.lull- "null iciuyuriir.i niii'uriuu -..- - ...... . ., 1 111 .... w. .......- ..-.... ..-...... ....... ... ...... .... ...- .- ...w.w
he'mat.er by "the Hull cr-ll- Con, star led V to K jowr fo . ,,,11VJ .,llly rai.,f..ll which has ., ko -W i-iVo'CTi!' XrA TK
iM-pte.nber. and sc to 'pf tor "" , Pm.,(.J out mueh of the cunt supply lB.r hu,i aM , oi,.-r .tinv ln
rrnile wiih iiriii aim leinuir. . fr. ili,.r- ,i,nl enroiiiiiKcd 11 tieuv
Philadelphia Stocks
ember
lei-M
OhIs o
Mid-Year Review
Me
tor
T-n.
r.uil-d nnd III p iQidv
i'ti 11 .in h I nil '-d I 1 . in 1 . r
f tit X I - I - r 1.
teMr't'i- 'f ''dlTiT 1111 in
it.
..,r ,1
-
(fS
n-1 '
1 n
1 .f
llun
1." Am lit -H''4
J I." I. ei-Sfi IDS''..
.'. l.-i Vnl ."!
.". Mlnebill.
jln 1'n It 1:
I do .ii-li
."1 I'll (Vnl 'I
I.J.I' nf
I'hilaA. V
j::n I'lii'n r.H-,
llll d.i pref
HID I Mi 1 11 I1T
."ill Tulio I'el
J.' I (! 1
4J'
:is ,
1::
)
j'.' 1 .
17
liV
l.'M
107
4-1' i
i:t
1
!!
jii
17
:i:
u,
1 ir. Nt
P M ' li
J.sU- Va
ins 1
.14 -t- ',
4I1...-T-
r'A 4-
.'1S!,. .
4:1 . .
.1.11
iiiened iim-haiieed to '.ii' low or
with neattcred IteilKlnn saieii in re
i.-ivin-: liini'-'i anil 'lein.iiul lixht.
inlvntic" of 1 to
the (imernment
1 li n clock today. New ! nnitlii-i 11 purtioii of Suiilli Carolina mid
-. .
Jll'l,
17
:i:i
COTTON MARKET
New- Yorli. Auk 1 The cotton mar
ket iitieneil lit (1
7 point
piiinirl ill.
'I"" ' . li. II. I.
York time, unite wns 111111111111,1 ""'
nnd com" i.im of a little Liverpool and
.Tapane-"' M'lllne enih and of irnde
huvlti-.' later wFnch mutnliii'il the list
l" the end of the llrnt lift'-eti lulniitfN
it win nliout 7 to points nei hi-hci
The (iiicrnmcnl ciiiiiliti"H of Ii4 1
,k the 1 1 ailc conilileleiv 11) -uipriM
fiowth of L!ras nod wenlt. which is ex-
luiiistlni! much of what lemniti.
Tliroilli most of I he b"lt the pro-etlt
condition of the plant is unpromising
I'omlitinii arc favoriihle only in the
frinces of tlie belt in Western Texas,
Westirn Oklahoma. iiIuiik I he .Missis-
nlppl Hlver fl 11111 Norlhertl Mississippi 1 muninKil 1 nl iibinit ;
llironeb I eniieesei1
1 "im iinn .swirt &
WeMern I.lt-o 7
nu.slHii tl'i 9
Qeruiiin r.ot Sn
RI1S
.10(1
. .10U
, ..lon'i
... IT
.. R
Ml.
100
101s
IfldS
Hi
H
HO
cil';
11 7 S
ti'i'4 1
IIS '
Nil
I'll1
IlSH
lll't
.-iT'i 1
H7S
till
HT'i
in;i
l'12'i
ini'i
lii"'.
M '
1(1(1
lOl'k .
inii'i
IT
n
Coupons Payable
at this Office
August 1, 1921
Diamond Ice & Con) Co.. First & Refunding
Erie Railroad Equipment Trust, Scries "B.B"
Erie Railroad Equipment Trust, Series "R"
Hocking Valley Railway Equipment Trust of 1913
Hocking Valley Railwny Equipment Trust of 1914
Illinois Central Equipment Trust, Series "A"
Indianapolis, Columbus & Southern Traction Co., First
Kentucky Traction & Terminal Co.. First & Refunding
Metropolitan West Side Elevnled Ry. Equipment Trust
New York, Susquehanna & Western Railroad Equip. Trust 4 'j
Norfolk & Western Railway Equip. Trust, Series '914 4''is
Oakdale Baking Company, First
Old Ben Coal Corporation, Second
I'enn Seaboard Steel Corporation, 3-Vr. Con v.
Princess Iron Corporation, First
Southern Transportation Co., First Mtg. Marine Equipment 7s
Wilson Martin Co., Second 7
Principal Due.
6s
4'jS
Vit
5s
4i,s
41, B
5
5;
5s
Commercial Trust
Company
Member Federal Reserve System
CITY HALL SQUARE
FOREIGN EXCHANGE
New York, Auk. 1. There was n
Kcnenillj better tone In foreign en
chnnire at tlie ihipiiIiib this mnrninir.
nb'es wan up '.c. HelR-Iaii
d. The Scandium-Inns were
in Vnnltii.i mid North Carolina, die c-m
It IS YJ-C(eil ttlHt I.
l.'o 7 li lil teli-y.iii il U-tiiin -s win ) i Slei lilllf
S. lis', ' ri-'c -u n:'iinV!"ri,,,!"-ni: ' francs w point, better ,,) lire IK,
lompmn i!i i 00 Ouy t wt-1 d-u-n.tif er 0 . iinpfDV
).( Will IIUI'o IIIKIIII UIH .UkU'll It'
ire'l in I flfuiit
ttTfUt c itnlliiH to urirtljuN j jm( Ma fd III.' (Ill
roilnir Hi- IhuI Mi yt-nri f h.- ihiIu uf net I Stfr1ini- mlilcm :lT,,-. ilfMniind
:s.ri(t7K; frani cnl'.- 7 03. vUvrtit- 7.0'J,
Hflninn
) Incnnit ii
"f"r!ini,'r"i.iii n.f i',!: Irieitulnr. Marks wire up "', point,
in analmls jji l,a 11 The iliol II tiniiH wcte:
II yenr. tlie mil" of net Sl.wlini. ..ulilr.- .'. .-iT-'1-. ilf.mil
flileii litt. leiirllcil 4 i.er i if I i,ii(i
IH.I- f tl'. lllll 111
ami nlu M hsiiurl e,re ix-iiiniatc n i n. . i t.n in. innii.,
anil nun .'iii' "uii( ,.-.. ,u. tt,.i, ..,.. ii,, i,,... ...... i.i. ..,
'' .. mi' --imi'iiiiD no- ,.i ii. jiv(
Hi Hie Delia Hcciinii nt .Misi.is-.-ppi
A ciop of N. 4:::'.. (lllll hales was fine-
ui't from the londitiiiu mi .lune -o.
which wiis (111 - per cent of a noiimil
Tli" londitinn as "I I per ceul mi
July 'J." last year, (IT I in HMD and the
ti-n-iear July '.Ti nieiiiKe is T." I. Last
ai s crop was l.l..iii.i. i.i ( line-, iiuti
i allies
cables
1 -HJ lie- i cables
llnrnl MIihn l.nt fin ll,f urn
cuniiei u'l. iihiiMM piutlts nfti exiriH'i unU
Iiifh nf SII3 (Hill k i"lii'nl-il n.lh CSIH.Mm
111 in, in lulls fin
cables .:K, cliecks "37: lire
l.'JII. i-lin-Us l.S'-i , SIhs
10.41. chcilts Itt.ilH; peseta
llllfi, checks l'J.NS, jtlillilerl
nf lit IrilK
Mi- ..f I .il-
I'lin.MiKr nil Hosih
miK Til' I I Mill' "ii'" '' " .' -...,...- W-in r. niii - ii,iiihi,iiii i-u --. " urn Hulil "U1 u
nnd .'Hun'il mi innn.'iUntP aihuin of j ,,f t S 1 1 uju 11 ll.'i)l7ti't in 111S it wur ruiiuittti " i
Ii Im icpotU'iJ tlMi u fttl n.r-tii
t?rolnr "it nf 'In? iuirit s n
frnl control h.iN )irtn iTet ici' U'Iv.mi ih
1 IlUi'il Hldlri. ItHlllnii '.iln.ll iMfHt II atitl
the l)oWuvaie, I. in u.i wttnin nn-1 VNfini
HtiliiDud .'u I'm It ul tUutllN tux henii
1 1 r nl .Hint ti Mi ..turn 1 4
MfL?0NSIiM(C0
S7CChS-rOBtlCPrH.V.Cl.lONDS
-il.l'iS
PI- 1. A- ir A JTOCAt'CSAM
ccii:ui'i : jroL-KxceAf.ct.-v
ni.l v. iicsinilt Street
I'll! lit. Itrll. s.inii e K'l 1 1 ;-. I
lf istull'. K lie J'.fl
7; llni ih .". If" HI' v , .
.tnill''"" I f""" .ee'n 'Until M,
n, 1. i , 1,
' ".J
.11' II' 1 ' " A ' Il i , l (i H
I'hll 1 r fl " .''' ir 1 1 vgn B
M Ii Cues' r if! St. H
ISE"-"" rses " vat-ta-
!(MI I, ill" i
:iul) I, bertv
.'"in 1. 1I1 -ii
ll'.iin l.'ii 1 .
'Hllil l.iliel 11
1 ir.ll l.ib'ri
.ill!l l.'bcti
i'.-' 111 V-i-.iii
I Hi'i V ii.in
", 1 Vi inn
Nt
IT.
1 -1'is
It'i 4',s Its. . .
-I.', 4',- "is
Ith !',s
lis I1,- :;.
fis -j::
1 ',s ,-j ;
I',- 'J.".'
Jii'l tin-r (I'i- .V Klectrlr .-,.
'Jiill iuer l!'s .
llli) Kb-trie ,r I'm Tr I
iiimi K'et iri IV Ti Is
."(HI I'l'llllP I Ii le'llp 1 is l'l,
'(l"ii I' n-'ii K I! i-nii. 1 M il1
KlIHI I'lll ,lil"'l ii 1 (' U ' t.'i
IS
.To
.. . !.... n. 1.1 f ii. eiiii 1 eiki j iiiii il"' 1 a . 1 iikjatf 1.. 1 oiiinieiii rti 1 h u.eti..,..i
INI t" ,l-i point". 11 w-.is iowci iiniii mi. ij inii.,i,i.-, in inii 11 .i.. .1.1 nun in - " ..............
,,f iIh i.ilinte icports ii-e'i' 1 anil icp- nun it was 1 1, mi ...hi.
ii-.i'i ted 11 declin
'ii in I'MIn I"
Til'lll llb l-'.le
MlilO I'll In '"(
lllllll I'lll'l I'll
1-t
u-
Isl
Is'
-,f
Pf
Iif
f
H7.VJ
s7 ss
7 Mi
S7.!l(l
'.is. Ill)
'.is lid
'.is ."I
71
I'J
."
S1 1,
P'.i'i,
li'.i-,
s.-i
SI I'i.
lllll. Illill.llst
" I pill II t s
if 4 ." iii.iuis tur th"
noriiiitl il.-t-rioriilioii
ti
.l 1
Prei.mi
'I'M.-
13 U
I. H7,
1" 110
I .' 'I.'.
1.1 'I
III "II
I '. II
l-j n.
I J ml
" I in
The i-ondition h Slnlcs follows- Vlt -
yiui:i, SL' : North Cnroliiiii. 7."i , South
Carolina. It..' : (ii-mnin. .V.I I'lmlilii. Ill) ,
Al-ibaiiiu. ."s ; Missis. ippl, (is. Louisi
ana. ."I'. Tcms, llli : Ail:niisiis. TtJ ;
is is Tctine'sec, 7." . Missouri so : Oklnh iina
'''"Ills.! California, s", . Ai-ion-i. S'l nil
other Slates. Ss
1 im
V I
1.1 Sll
NEW YORK COFFEE MARKET
.. Yuri. Air.' 1 Willi llie Kio
i Il.lliue rate "II I.
v it'll, ami s,inInic
iiuirii tie of si- Hi'i.
MONEY-LENDING RATES
NKH MlltK M.,". im i sil hoth .-iiiK.o
.f i 'illtru I o.'tneil '"(1m ii l'4 pr int
f ,r lenillnn ut"l i en- true
i aides :.0.7s , hecks !ttl.7.'l; Stcckholm
cab'is U0 4."i. chi-iks 'JO 411: Chilstlania
illblcs Vd Sn. checks 'JMI: (Vipciilinseil
i abb's l.'.lio, cliecKs 1115; iniirkH
l.LM'.j : AiKcntiiie. Jll.l.l.
Tin- rate of pieiuium on New York
funds in .Montreal was 1 li .1-111 per
cent The rale of discount in New Yoiit
on Cnuailiaii funds wiik 10 (l.'l-OI per
I'll" I! -.1 .S'lirll'erti if tll 1 1 1. 1 .1 i n-r r,.,l l ' "' . ..
nl n'lir.H nu iliro'jun ni i.-l.-ih it'i (mo.. Central Luioiieiiu eielimmes ueretl
mill (ruin 111.. I'nll..! .'nt. . llali.... .!..( 1 1. r 'fi. 11 I i.t.i. ... '
...,,.-. ... .........u r,......i. ,r.',,K. ,1,111: iliiiiiiiiiiiiii. i. -,...- lllll.
Ihl'iitliin ulli' lllll .u.i' lit! j.rorll.es M ' - . i . .,,", .J
He i" uiniii"iii fui .ii.n.iiniii. ST4.iimi - j Krtriiin. .s.i ; Austrian, ,1J; 1'olisli, .0.1;
mill -llili 1. uemlliniK llnl llwie In- l ti j (Vecllo-SloV.lklnil, 1 .211 V- ', JuCO-Slavill,
ii" iMipirtsnl elisnui' in tin . "iiii-ani 'u lln.iti , .n .
lllll ' illelltlii'l nimn I use ill I III IHl'll '" ''
SVTl'UDAVs l-I.VAI. oi'irr ATION'S
I'll" (i-ni il M ii..rb i-oiji"--!!!".!! . mi 1 nn 1 .Stwrllnu lri ones Lire riut'.lei . I
fi i mil. ..-! I. .iu -ir .1- - i . 1 1 ii.jiiu i n kh lit-liianii .i.iu-ii i.ii.- t iM an 7o
P "In- in I i.-h riilila 'I Jil'i, 7 AX '.. an 78
.'! 111." lllllllll Jl I
"lllllltlW. Illltl'fl.
.i I i "i hill i! .mini r il
it"ii uf pluntn unit t'tiTii i
I nm1 He hii 'nkllHtl-! 1 li..
i'lll le til 111" III in Inn.' ,1 iini'.'l pi, i tie i im
IHU'HS III lie ItiriUU I'lllL.v .11 IHI'I
t 1, iihm tour t-lendir i.r.
fur
i sll il pr tent
i.il pin hi thr--
m, Inn llui-tiintiiift .,.,.,.,..,.
mi ailviince thls'n ,'y'?Y,l,
muni, tliin oners III I monihi- H per "ni
1 1, i mihI fi eight infTec mm ket have
i. .ui uitinlii.wii. whi'i- mliers lune been.
i.Kiiii.iil .'.0 m- niorc no ills Tlie Im 111 . I'I ii. premium nniF i iiminii-lui
it
iliri. limn
. . . i ... .i. .. , i... ...... .,, ,,. "" - - .- - -- ,-. ,
i.i M-l III men nn '" I' i "' i" "'Hi, p.-i lent i nil" iinnii" r. ,i p,pi r
I'll.. Illliiiil II I Teli ilium, r.ir U months
lime ii"le1 Jure fill ripnrin i.-i h Hub iu.nuo nf
" ill 17 IM.' -.'llli i,i"l "XpetiM-. n I I "iX.SSO
i li.ji-lti.r nl nl unttinil r-t t,l T -l? ,.,..
ite rhoii- at mT-ii ituniitml uuoi i I um ju'reiu pi","ris u iinilim ij (77 777 u-.s
Ui li-nal rte "f liilin-si In the Hint- i x,i n.lii 11 "" f"r ii'll'iens n il ii.i,i nirms
-nil 1 1 iiii ."-.iif. "i.-'i , prr 1 ..in tiltimini-1! in imi ;..: m iiilp ii .,,
phulle. Ill .FtMii' i'iin I "1 litis ImiiikIiik I11I11I
III ritlf) '.'.'Is
TdUAYS IH7.S'N(1 gi'OTATiriNji
Hirrlln; I'ihih Lire i(nl', r
l'1-niuiiii :i .niji 7 iil' i ".h'i an 7s
l'lile . :i .17. 7 (1.1 A '.Mi jn ?
Reserve Banks' Discount Rates
l'l' lv AM) llllMls
lumlirrs 1 lie 1I11 iiiinlii 1, tn
U(k - I I llli HI "li"'!. I rilllr.
it n;a I .niun KmIiiiiuf
C01n1111n11.11 Ori'trs Zxccuted ,n
Ail (he Prlncio.H MoiKrti
i-iBertv loprii Bruoht Ana So a
l,.'l. tne 1 n I'lilu I4IH Mnlnui 1.
II) ' '" .lllllll. Ill,
nil'ii'. ri" lintel
LIVESTOCK QUOTATIONS
( ll''ill.-ii i.' I r T 1 " it 1 1
s ii 11 l. 1 r ..,' -r '' nl ! . h it J sS.
-rutii t. '." ii'1 r. ' 1 11 il ut;
1 ni '111 e- "i .. fii 'In! " 'l' lie..f
ti-. . .7tili- 1 11 k fat t-c . 'il s-lf.rs
'I r.11 11 .1(1. .n--. --.I iii'K-. li. t uf i
' "llflt.1 7'i lm!'j lil i'lu '"I'k lulls.
",ir. Till I'll U "il Hifn 'i1i'(i, Ftiii U"t s
i'i) f. Filer .'ov
MfKH -He. el'in I A nofl ti. I X'lne,
Se fr irri,li ffj(J, n in Ifi'iu, ntl trj
rie-i iTUisIt" '0 '" 1"" 'owfi ihnn Hiit
'i-ili . , . hi.. ?.". i.w-i to Sll "l."' il 1 Iril
in 1' " Hn", IhiI. l-sil Itillt bull her
.it -'ii h 1 1 r , ,u K reeklns .nu p I'i 4011
'1 nu pi MtF.rtv tn tin lll'lher iIshIliIiI.
, .. .in T,''? 1 1
WHIP '(-rcpl, I i' 11(111 hrml liml
1 ..1 - 10' h l-er li 1 - ' it 'ei i .
ii - ir'i '"I .t""."i 10 i'i 1 'it.-hrl .
n 'in ' i '"' Ilu h '! 47,i in Fien
K I " ' ' j -no,! .. 1 M'Hiisna
, T i- p I 7 " fit l"l'"" e i e I - n .1 'J.I
I'lls II. Ill Dili;, lllll pr.CS lieillK III HI I'i
points uli.'liei- on buxnii! ft mu Kurope,
oral co'ii-i issinii llinn mill stuttered
nil" "oil'"' es.
I.i" ill .iiililii'i. ieii'lleil .1 inii'i d"liuiuil
imi spot n'll'i' lit stilTi niti.' prii'-s nii'l
'lis. iiii.p'.l i. t'i II special c.ib'e f isiu
(tin epoi l .m cmIisiikp- mi I on. Ion :itl
l.ifiin nt s'.ol, liioiiclil in in live Cxi- -inc,
nnd iew 'miK buying, iidvanciii).'
piii-i-F, 'Jll i.i J.I I'lnnis ne. Ilu- mil
moriiiiite btil'se ciirxini; Septcuibei- to
li.7.1 and December in 7 - Scptcmbei
was Mill'-li'il lo Maj at 100 point nnd
In l)i 1 1 mil i nt -'.1 points.
in,
i hi
. in timet iI.uk 1, hiiiti'-ij hi i tu tl',,
.-nl
RAILROAD EARNINGS
HO( K ISI.AMl MX.s-l KM
ll'.'l I
Juil- tftii.s 111 7.'.:! 17.1 1217 UIH
Ni iiiii-r in nine I lsi- .-is 17, .-,-ja
Su ni'inihs icniaM 11.'. ssi 7:,i ,7,-, 07,1
Vet up I IlKOtir I"-!!"'! M .1 1.1 II I
MIl'THKIlN KAII.WXV
June mops tin .-I1- isil -II '..'.s 77s
Vet 'M" lliemii. I 'I" '"-7 I M" '
) x months irns. ill Ilil 7S:. 1 n.as-J s'hl
Nnt uper InnT'i. JIM HI7 .. , I"' n ,(
Great Northern Earns $7.37 a Share
Xiii-r'tti l.'slii ii'iU Tr.i Hun c,i i''pr(p
I nei e-iui mln nf Itiil" il7 fin ihe "unrt.r
llile. .lull" .III .i.llp,.i"1 II, .H'J.-ill KS In ,'hl-.,
in- iii.i I'll'!'-' "i vFiir 111 iilvtiil Im nil. in h I lit I mil.
snrp 'is if Miniii.iipoltH
Pdllll 1 1 11 tnu..a (.11,
i.ri il. ... iiiiiiitim , i,. iin
... I sun Tisnclsi
I II le'l ..I. ilel. lllKll 1 SIf. mi, I -I-,, I -1 )F( lllllt
ufflolfil lejip, iiiint runt at ih. iiph Ke.l
lllll Ite'erw- llf.tilln He nn rollmiH
Tie.is Mb. Cum I Ilk
eifs Hon. In Paper Armnt
-.!.. . . .-:.
.' .'i 't
v, in!
n
llllKlOll
Ne Vulk
rhllH'lelpblii
i'Ii'Ii-Iiiii'I
III lilli'HliI
.Xtlii'il'i
ik jren.it.-il S7iiS I'll
litis I Sll f..r i nn I i
i il. Hell "f ITi'lll rt:t t
!enih
iin-riei
F.l'
11
II
t'i
Bonds for
lr.vrj.li
men!
lr.'l . ,.
-tW 'tkt TrtfcMl Cty Company
i jBtaffisHBh' yri-.? n -niif niti
ll "!
I'llt.ln'ruh
'I
-' l.'t n.K '' ell "
s ;'! . :.-,
,'! It lile. re
T-iJ t I '(I
.1f"t i-iii i lliah.
e, 111 ."iftlVII.en, h" i oi-ker llni-l
r nn! pi" '' nn )2 '
x
S'"
'-, "ITS r.'l
r i T.'.n l ,vr
i rfs Her', e
es
n k
BANK CLEARINGS
i'i eiir-
lleiik -.' 1'-.1 I'i'l 'i ' illlpmeil I
m.punil tm ln ast lei lesrs
iiji pun 'ni
i- ,h in;, oi n i nn 7i "la .. li. 'ss-ms
, .. n Id I'll I'D If' "7 "i 14 mil 17
' 1 .I.'. I I " 1411 IV
Vrii orl. An- I I'uni'i '.' i." 17
'.ne .is the tJtn ITS i'.ld ent.llil s ,,rk
ill. (Innt Viirlhern Kh'Iwiii ''ii in T'L't) nil rerpumlliM pet
iiere s.i"i n m "ie Hini'in iep"r' n in" ru in -
nl.i'K imiMii lo'ls- Xlm pnipntntr ieintie, ..,, ..,.,..,, i.,
Idtpiii.r ill hbi. mi rriiFi il ' ..n.ui t
t.'.n nun .hlileu ini'llnl slori, ii, -Jin (idl) h' iia
riiinmnii lnk no prfi in ii,. mil ay ikjh
nheres ,i f.-rr,-. hi."!, imi inlue ,iu.
I'.l nliii mil. I'r.i'lu .ne nnd llfflti nc i -n for
thiee niniiihn 'iiil'd June .In repirle n,.t m.
inni' l.i'f" " " n'.. I'n: fuml dep'ei i,nir,n nnd
jCCfTiiM' "' '"""" "',l '"' '" monil.. of
. New lei"-! VSInc l',i fnc i,iMi,.r ended
.lilt'" HO leiiOlt, net Incitree ,.f,.. ..-...
nnd m f ir.s-1 us? amni.i J 7M, ;77 in
i "1 ip:ii
I .-- .I'J
IHI" llli 1 SMinis
I
il
111.,
II
II
Vi
mill
'.'4 I
!v1i
ii
ii
n
a
ii
V,
II
.IH i
Intei e -t '
$50,000
City of Philadelphia
5 Per Cent Bonds
Due July 16, 1971
Intoreet January 1 and July 1
Coupon nnd RegUtercd Bonds Interchangeable
Free of Pennsylvania State Tax
Free of All Income Taxes
Legal Investment for Trust Funds
Price: 107 and Interest
To Net About 5.09 Per Cent
Biddle & Henry
1 04 South Fifth Street
The Informnilnn nnd elntlMlce rontelned herein hve heen
nhmineil frtitn .nuriee which we believe tn hi reliable,
r i fieni In
PHKKP AND IMItS Heefint, 70f'O
1-iTl? envfp. e.,!!, tup lamp.
heedt
P'eidy.
ill. Vih,r'
,?enlrl ,rf r Ten ',e e H n' e'e.n 'in U)i'n'';,i '.'""nn'i'", ",,?.,""inl. Jf ' "
iri'fl iil-en ihe repo" .'ieie4 re'urni t ! ',i ",' V V. ,1.' -'.,h ,"h 'e M.i- n-t
tss' r.r hee firm, merit ne- r. e.,e Jhe'ieV, n,' n V 'tJe-i "Va' 'lx "",mh"
1. f in n ..... l"0 nifl 77X . n.t Sim .1(1! . "' "" r" n" "inol !' (in .'IB.
Liverpool Cotton Exchange Holiday in.n $p .V.Sn.nS. I h A chie.w r..m or Trde m.mb.nhi.
Urrrfool, Au 1. The Cotton EUcHam titration durlnv Janunry and Febru-iry n Ji ft bten sold for $7TB0 .t.tt to buyer; off
will b v0Ma loaajr, aue o ux uui( or w com puny irom jurcu w ivtvciiiuBiv fv fm ii previouj 9,
rutf ..orni- hv .ert.tUM.teH iilfflttcd hh rnm
rim t tin im ir in i. in ui u yrr Irni
Tradef Dull on Paris Bourse
Pnr'n, ii. I runllni; u- iluii i,n ih
ll.iijise niil.M 'lliric pel rent iriilr. .",il
fimiFs 3S lenilniFe. e henue un l.oiniun
ITi fnini'' ."il leniltiif-e e jmr 'eni i ,.n m
fruii-e 11 -entlinF Thi ilnlim wt,H .uotn
m 1.1 fian'N I renilniFM
iiri'ic k or
Mlvlilrnile
nu: iiKii, MiiTi", :
ivui'it.iKre 4v. .. ,, .. ;:....-..! '. -
... ,......,.. ., iiiirii IUH'AN y
ft3 t'liflllilt el. "
Plillaili.liihln, Jul u, iii-M
Tiertr'l iHt'itend Pf l? ir eimre Im
l.een rt.cle.ffl hv thehnard of Direct ire p,"
Cheeki will be me lied.
DANtKL HOUSEMAN,
Treeurer,
WE DESIRE to announce that Charles T. Brown,
John A. Robb and Russell A. Deily have
become associated with the Bond Department of
GARRISON & CO.
1030-32 Widener Building, Philadelphia
Members
Phila Stock Exchange
Ni Y, Stock Exchange
Telephone
Belli Spruce 8370.71-72
Keyatonet Reee 0721-22-23
...
ii :
-.A-,4 l-
. .
MA
i tv
tr
::'-.
L-?Lii2
pj.jrj
Jl.,-.-ll'V'J
fe ( - -H