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EVENING PUBLIC LEDGER-PHnJADELPHIA, WEDNESDAY, 'AUGUST 10, 1921
20
yKmWiSMIf!VKWXsiiK
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Our
August List
of investment sugges
tions contains over 150
bond issues selected to
meet the individual
requirements of con
servative investors and
institutions, yielding
4.70 to 8.75
Ask for circular F-lll.
Harris, Forbes & Co
rin St Cor. William
NEW YORK
PHILADELPHIA OFFICE
Wldener Bid.
Telephone Spruce 7040
STEADY MEUM
OF STOGKVALUES
Continued Fear Manifested of
Some Disturbance Overhang'
ing Markot Situation
Our August
Investment Bulletin
gives some facts and
figures regarding seven
bonds of varied types
yielding from 4.80 to
over 9. In addition
the domestic business
situation and the bond
and stock markets are
analyzed and future
tendencies discussed.
Complimentary copies
sent on request
Hemphill, Noyes 3& Co.
Mmmbtrt Ntw York Stock Ezchno
Franklin Bk. Bldg., Philadelphia
New York Botton Scranton
Buffalo Albany Syracuse Baltimore
Spruce 8200
BOUGHT SOLD QUOTED
L
United States
Government
Securities
AH Issues
s' IR1TIKS DWAKTMENT
CommercialTrust
Company
Member Federal Beamr System
City Hall Square West
Nrw York. Aus. 10. Today's "tool:
market seemingly labored under the
mmo dcprpxlii(j Influence o the fear
of some overhanging; trouble. For sev
ernl ilay there has been vague hlnta
or tni Impending tiinturDnnce, tmt no
one appears to have boon able to dls
rover Its nature. Tho apprehension on
this Kooro was to some extent Intensified
perhaps by the reappearance of liqui
dating pressure In many quarters, em
bracing tho Investment as well as the
speculative Issues.
Effort nj made to create tho Impres
sion that the greater amount of pres
sure emanated from the professional
bear speculators, but as the session pro
gressed It was obvious even to the ln
oxperlenced layman there was connld
ernble nioro balden mero chart selling
to cause almost an uninterrupted melt
ing of prices. Furthermore, the sharp
declines in number of instances gate
convincing tet.tlmony of tho rearliins.'
and uncovering numerous stop-los
orders.
While every one was straining; their
eyes an.) cars to catch the first sign or
signal of the mysterious" unveiled diffi
cult), II is an ojxm scciet theve Is still
some invn'ved situation growing of
frozen bank loans In connection with
tho foreigu trade operations, particu
larly in Cuba and South American
countries, that nwnit further adjust
ments. In truth, It wns Intimated in
well-Informed circles that u foreign
cxchniuo institution recently given as
sistance whs again flying the danger
flag, and It would require approximately
SSO.000.OOO to adjust current pressing
claims.
In addition to the unsettling effect
of the above undetermined situation
other depressing factors were to be
found in the announcement of further
cut in oil prices; the lumvntnbl.i pour
nnnual statement of the Atlantic 5nlf
and Wont Indies Corporation, and th
largest indicated shrinknge In the crop
yields. On the other hand, the T'. S.
Steel Corporation's monthly unfilled
tonungo statement proved a p'easan
surprise, disclosing a shrinkage of 17.
544 tons, or 1(10,000 tons less than had
been generally estimated. 'Whatever
good influence this might have had t
galvanize new life Into the flagging
bullish speculation wns entirely lost bv
the declaration of prominent steel In
terests that the steel industry was in
n worke condition thai- anv time since
1S01. Even then, ho said, everybody
was doing a little, while tudaj there Is
nothing being done.
The market started out in tho name
Fpirltlws fashion that has distinguished
it of late with a trend lower. Prices
broke with some severity In the later
dealings. Mexican Petroleum and New
Xork Shipbuilding loi-ing about 4 points.
Prices having recently demonstrated
their Inability to rise, traders sold the
general list freely, the possibilities of
tlie bear side being more promising for
tho moment. Equipments, motors,
shippings, steals, sugars and railroad
tocks showed little support. General
Electric dropped 2 points to a new low
level for the year and South Porto Rico
Sugar 5 points. Losses of 1 to 1
points were well distributed throughout
tho list. In the meantime call money
held at 0 per cent, with the Govern
ment announcing that $10,000,000
would be withdrawn from local insti
tutions tomorrow.
TRADING LIFELESS
IN LOCAL MARKET
Northern Pacific
Southern Pacific
Baltimore & Ohio
! and other leading rails are
covored in a special analysis
jutt prepared! which treats of
current improvement in earn
ings, effect of government
plans to aid carriers, position
mnrketwise, etc.
Write toiav. CotHes pladtv furnUhcd,
,Vo obligation.
MILTON BlEIMtO
STOCKS-FOREIGN EXCHANGE-BONDS
MIHBIBI
PHIt.AOfl.PHIA ,9J0CK EXCHANGE.
CONSOLIDATED i70CXCCH.NCW"t
1622 Chestnut Street
l'ltunes Doll. Suruce N04t-t-5-4
Keyetoner Hare 789
74 llroaduar & 481) Ath Air.. .V. Y.
Mnmford. Conn, Springfield. Jlaaa.
llntjoke. Muss.
NEW YORK STOCK EXCHANGE TRANSACTIONS
E. H. Rollins & Sons
rounded 1H7S
Investment Bonds
1421 Chestnut St., Philadelphia
I'henr Suruct) S400
Huston .Neie York Wilku4-3arre
Baltimore Chioago San Francitco
Penn Public Service Corp.
7)1t bonds due 1035
Price 95 and Interest
To Yield 8
Tai Refund In Pnn.
Send or tlfcriptive pirculor
'Uollidaysburg, Bedford &,
Cumberland R. R.
First Mortgage 4s
Due July, 1951
Ouaranterd rrlnrliwl iujd Interest by
l'ennlvnla It. B,
Free of 5" Normal Ta
Free of I'ennn. At.it Tr
75 & Int. to Yield Over 5.75
Townsend Whelen & Co.
505 Chestnut St.
Meaitwre N. V. X I'lillu Murk Kirhnnfea
v Foreign Exchange Explained
F"C Ah for Fre Itoaktet F-2
V
A" "
h
L4j.. Wm H. M'-Kenna & Co.
' 1- . 'm, . lr-.l f. m ?i r.
: aKi.HKfi lain m., ran., ra.
Pennsylvania Unaffected by
Threats of Labor Trouble
on Its Lines
It was another frlshtfullv dull dav
In the local market, hut most of the
atoekH stood up well In face of the
surrounding depressing conditions and
elrcuivtnnces. Threats of labor trouble
n the I'ennsykania Ilailroad lines hud
not the sliRitpst effect except to in
lliteticc n further ciirtailmunt In tlie
transactions In that stock, which with
held relatively steady nt S",. Other
wise the dealings continued of the same
perfunctory type, with nn altogether
mcantnuless prlco movement.
Only odd-lot transactions were ren
Istered in U. Q. I., Union Traction,
Electric Storage Bnttcry nnd the Phil
adelphia Electric issues with mixed
Srlce changes. General Asphalt was off
points, but this was from a prev
ious sale made soma time ago. west
Jersey and Seashore on small sales fell
back a olnt to 30. American Stores de
clined a small fraction on limited deal
ings. There was considerable discussion In
local banking circles of the rumored nn
djsclosed financial difficulty in New
York. There were vague reports here
but nothing definite could be learned. It
wits generally agreed, however, that
whecr theer wbb so much smoke there
must surely be some llro. It was stiitrrl.
however, that the trouble, whatever
nature It might prove to be, was en
tirely confined to the tnetroDolls nnl
had no connection whatever with the
local Institution.
LIVE8TOCK QUOTATIONS
,nt?AfBl0 Auf,- . JO- CATTI.I ILo-lpte.
10.000 YinA Utter r(1e Uinf frrs
etmdn othr Blow and wn!. Top hvy
teen. $10 40; bulk bef tem. J7 23B10
bulk fat sh lock. f.l0'tf8. cannum and
cutttar larifaly 12 SOlf.1 80. bulk Lulla, 14 50
OR. 73. vaal calvea larsaly tH.BOZTO 25.
HOUH ItMM'pti. IS.000 hfad I.lrhU 13
IffaSc 1 war, ittmra rn.irtly 25tf40o lowar:
aonia food heavlaa 50o lowt T'ip 111 7,1
..my, bulk lula and llKht butcharr. ill lBffl
11 03, bulk poklnu iowi IS "(Wru
SHKKP Hacalrta 10 000 hfd llaat n
ttva lamba opvnad about ataady, othra waak
n 26o lower. Top to packer early n 75
on deck atrlctly eholea tj city butchara
JIO 23, no Waatnrn lamb.i or aheau aold aarii
faw fat notlva ahp ht-ra, aallinii steady. '
MttatniTSli, Auii. 10 HOOS flerolnta.
IS?? W Markst higher. Ilfavlea, Jlf.23
Wll 50, haavy yorkara and I It tit yorkara
$12 7S18. p.iia. Illii12.60. y'ra.
HHEKP AKD LAM1I8 Jtacalpta. 1000
Market alaady. Top ihaep, jr, 50, top lamba
CALVES Receipt!. 100 head Market
ataady Top. 110.50
F.aet rtiuTalo, Au 10 CATTI.K ne-
orlpte, ISO had. Hteady ''im rooilpte.
I nvr 11V.U, nwtvt ..vii ,'i.rr i.if jij uJ
HtMJS Itacalpta 2700 hd Hiow ataady
I to 8.VT lower. Heavy, 1 1 1 0 1 1 ',( mlied
111 7nni"- vnrV.ri inH U.K.. -,..J... i,.,Z.
1 12 ." plKa 412 lOJina, 50 ti t 75 ' atare
I 14 mtfil
Hit i;t-f AMI L.A.MHH JlralplJI 400 head
Steady. Uncharged
Liverpool Cotton
Ueerpmil, Auk 10 A ooJ demand wa
noted for apot cotton today and piicea weru
ataady at fc 53d for middling compared with
.44d yeeterdy The ealea were oOOO balea
Th.re ware no receipts Futures ware quiet
at the opanlnir and at 12:80 i' M , r,r
steady Tenflnra war 400 balea of new
Spot prlcei- wore American mlddllnc. fair,
11 USd) sotd mlddllnc, l Sl'ir, fully mlddllnc
8 OBdi mlddllnc. 8 58d lo' mldd.lnc, 7.tiad,
eood orldnary a 4Sd ordinary ft 78d.
American Sugar Passes Dividend
New York, Auc in Tha American 8u,iar
Iloflnlnir I umpai.y Comian) today pauspd Its
il.vldcnd nf (I Jft nn ei'iimun atork hut da
larwl Its rrnu ur ouartorly dividend of
II 75 on prefened
British Exorts In July 62,530,000
iAindon, Auc. 10. Follovlnc are the rioard
of Trad tUutee for Julyi Total Importa,
iRO.TAO.OSOl eprU of llrttlsh products, lib,.
i 70,000; re-ozports. i8,a0j0O0: total fxports,
81880,0001 unes of tj-)rU. 181.310.000.
Dlv.
Sales In I
100
100
700 4
100 7
300
100 7
103
300
000
a ioo 7
1100
1000 12
100
too
100
1S00
1390 .
" 1200 o
son
'a nop . .
300 3
13500
103 T
3700 8
2800 o
1600 1,
100 8
100 i)
000 7
000 ..
tsa
100 4
000 o
010 o
1000
0200
100
14100 7
8?ao
100 6
4S00 s
100 8
1300
100
100
" 300 0
330
3 100 7
200 10
nio
soo
4(1,10 e
800
200
1700
1300
5013
too 0
200 7
1C0
400
100
100
.tuO 0
4IM
100
400
100
iJHOO 5
030 2.80
G39( 4
330 2
1700
1300
300
100
1500 fi
1700
1500
100
3033 g
82 203 8
200
4700
100 0
4 vlO 8
2403 1
100 0
100 7
100
1300 7
1030 7
200 4
530
100
103
200
800 1
300 7
500 ..
1000 7
100
800 A
130
100 7
400
3030
100
200
100
303 4
2310 4
200 8
100
(100
100
High
Advance Itumcly .... 13
AJax Rubber 23
Alllod Chom A Dyo... 30
AIMcd Chem & Eva pf. 88
Allls-Chalmera 31
Allls-Cbeilmers pf .... 73 H
Am Agrlo chom 3t
Am Deet Supar 28
Am Boech Magneto... 30H
Am B Shoo F pf new. 03
Am Con 3yi
Am Car & JAly iMy4
Am Cotton Oil pf 41
Am Drttit Ryn 4
Am Hldo & Leather. .. 11
Am Internet Corp.... 33yJ
Am Unseed 22J4
Am Locomotive 84
Am Safsty nazor.... 4
Am .Smelt & Itef 35 J,
Am Steel Foundries.. 35yi
Am Sugar nf 85,
Am SUKar Ref pf 88 ,
Am Sumatra 47
Am Tel & Tel 105).
Am Tobacco 130
Am Tobacco pf now... 80 J',
Am Tobacco B 123
Am Woolen no
Am WrltJne Paper pf! 2314
Anaconda Copper .... 35 ft
Also Dry Goods 20
Aks0 Oil 0714
Atclt Top A Santa I'o. 84
Atlantlo Fruit fi
Atl Gulf & x IS s... 21X
Atl Gulf & -W I s S Pf 30 M
BaJdwin Locomotive. 75H
Baltimore & Ohio. ... 87H
Bethlehem Steel 50
Bethlehem Steel B.... 80
Bethlehem Stoel g pf 08
Brkiyn Rapid Transit. 11
Brklyrt R T ctfs of dep 7
Rutto & Superior Cop. 12H
California Pacltlnsr ... 0014
California Petroleum. 33
California Petrol pf . . 71
Canadian Pacific 112
Central Leather 33
Central Leather pf... 03
Clinndler Motors 48
Chesapeake & Ohio... 54 't
Chicago ft Gt West pf 17
Chicago Mil & St P. . . 204
Chicago Mil ft St P pf 40?.
Chi R I ft Pac 33
Oil R I ft Pnc 8 pf. 04
Chi R I & Pn0 7 pf. 75 U
Chile Copper 10
Coca-Cola 33
Colorado Fuel ft Iron 23J4
Colorado ft Southern. 30 'i
Colum Gas & Eleo.... 54
Col Oraphophone .'. 4yt
Conaolldared Dls Ins.. 0
Consolidated Textiles. 13
Continental Candy ...
Com Products Ref... 07J4
Cosdpn ft Co 20 yt
Crucible Stoel 54
Cuban Am Sugnr 15"J
Cuba cane sucar .. . 0'j,
Cuban Cane Sitpar pf. 24 V,
Denver ft Rio Or pf . . HS
Elk Horn Coal 11 Vz
Kndtcott-Johnson .... 50H
Krl 13!4
Erie 1st pf 10
Erie 2d pf lSyi
Famous Players L. .. . 50 !4
Famous Players L pf. 80
Flsk Rubber 10
General Asphalt 504
General Cigar 50
General Electric 110M
General Motors 10
Xlen Motors deb 1 . . . (It
Gen Motors deb 7. . . 717a
Goodrich R F 3t3
Goodrich R F pf 73H
Great Northern pf . . . . 73 H
Gt N'or Ore Ctfs 29ft
Grene Cananea Cop. .. 21
Gulf State Steel .lift
Homostako Mining ... 68
Houston Oil 50U
Hupp Motor Car 11
Illinois Central 04yi
Inspiration Con Cop.. 33
Int Harvester new. .. . 72J4
Int Mer Marine 10
Int Mer Marine pf 43
Internat Motortruck . 30
Int Motortruck 1st pf. 8
International Nickel . 13 14
International Paper .. ui)
Invincible Oil Corp.. . II
Island Oil 2
Kansas Cltv Southern 35 s
Kansas City So pf . . . . 402
Kelly-Sprlnirfleld Tiro. 40 Jg
Kelly-SpK Tiro 8 pf. 70 &
Kennecott Copper ... 1SJJ
Keystone T & R 12 14
Lackawanna Stoel ... 3Sy
Low
13
23
38 J4
85
no4(
73 U
31 H
27 n
20 i
A3
20
123 H
41
4H
11
33
3114
t2'a
4
33 ft
35 ft
62 H
88 ft
40 ft
105 ft
110
8ft
133
88 ft
22V4
3
30
97
S3 ft
4Ji
20 ft
20
73 M
30 ft
50
4ft
08
10 ft
7
12 ft
00
33
71
113
31
64
47
3?i
17
20 ft
now
31
04
75
10
33
23 ft
30 ft
fit
4
7
15
t5
03 J
20
.13
13
Oft
13
t'a
17ft
8 ft
12 V,
18H
13ft
40 ft
70
0ft
4S
50
11434
Kft
CI
71 7i
31
73 ft
73
29 ft
21
31ft
58
40 ft
in?,
04 ft
32
71?S
10
43
30
OK
13a
4H?$
H
iU
23 ft
49ft
39 ft
70 ft
HK
12
38ft
1:80 Net
P. M. Cnse.
13 ft
23
3H H
84 -304
73 ft -3t?i
27M-20ft-0)
-20
-133
-
41-3
4H ..
11
33-1
21ft- l?i
83-1
4
33 ft-25ft-
r,3M-
88ft-46ft-103
ft-110ft-8ft-121
ft
33 ft
39
07
84
3
21
20 W -73
-3flft-53
49 ft--
9S -
10ft-
7 -
13ft
CO
33
71
113 -
31ft
04 -18
53 ft
17 2flft-
39?- 1H
31K-
04
75-1
10
33 -23ft-30
ft
54 -4
-6ft-15
-
63 -'
-
13 -0ft-
24 ft
'? 17ft
3Sft 1
nn- ?
18 - H
13 ft
50 SO -9ft-10
ft
50 -111
-10ft
ot
71",
31 ft -73
ft
73 -20ft
21 -31ft
5S r 2
40K- 2ft
10 S- ft
04 ft ..
71ft- V
10 - '
43ft-
30 - ft
68
13 ft
49ft-
H
Sl!-
'
ft
in
ft
?4
V,
l
v5
V
'
IV
1
"
14
H
- H
ft
l!4
ft
1ft
74
y4
Yi
A
ft
H
'A
V
lft
ft
14
ft
?8
- I
'lK
40ft .
39 ft-70ft-1SJ6-12
ft
38ft-
ft
3ft
ft
'4
Dlv.
Bales In t Rich
100 8 Leo Rubber Tire 204
400 3.80 Lehigh Valley 63
100 . . Loewo Co 11(4
100 1 Loft Candy 8ft
203 13 Lorlllard Tobacco ,... 148ft
100 7 Lorlllard Tobacco pf,.10l
200 7 Manhattan EIcv guar. 40
109 . . Market St Rwy pr pf . 31
300 ., Marland Oil 1
.300 ,. Maxwell Class B 10
100 8 May Dept Stores 77ft
38000 is Mexican Petroleum ..103ft
100 2 Miami Coppor 2054
1800 1.00 Middle States Corp... 11 H
1100 .. Mid vale Steel 24 ft
100 ,. Mo Kansas ft Texno,. 3
1900 .. Missouri Pacific! 20
TOO .. Missouri Pactno pf.. 384
1000 .. Montgomery Ward ... 17ft
100 .. National Con ft Cablo. lft
700 B New York Central.... 70
00 3.80 New York Dock 3094
3000 .. New York N H ft H. . 10ft
800 4 N Y Shipbuilding 10
300 7 Norfolk ft Western... 05
100 5 North American 60ft
4000 7 Northern Paolfle 75ft
100 5 Nova ScotlaSft C... 33ft
1200 .. Okla Prod & Ref lft
100 s Orpheum Circuit 10ft
200 .. Otis Steel 10
700 5 Paclflo Gm ft Klec. . . . 3ft
?000 .. Paclflo Oil 34ft
4000 a Pan-Amer Petrol .... 4094
800 o Pan-Amer B 40ft
400 3 Pennsylvania R R.... S7ft
500 .. Penn Seaboard Steel.. 7
800 ., Peoples Gas Chicago. . 53
3000, . Trre Marquetto 10
100 s Philadelphia Co ..... . soft
4000 .. Plercc-Arrow Motor.. 14ft
200 .. Plerce-Arrow Mot pf. 20ft
100 .. rierco Oil 7
400 .. Pitts ft W Va 204
100 .. Pressed Steel Car ... 38ft
HOO 8 Pullman 04ft
100 . . Puntn. Alegro Sugar. . 20
1030 4 Pure Oil 2?4
T-J00 8 Railway Steel Spring. 75
100 .. Ray Con Copper 12ft
7301 4 Reading CK4
1 100 2 Read'ng 2d pf 40
400 .. Republic Iron ft Steel. 40ft
100 . . Republic Motors 0
3800 5.20 Royal Dutch NY 50
100 1 St Joseph Lead 11
3100 .. St Louis San Fran 23
100 .. St Louis San Fran pf. 3494
f 380 .. St Louis Southwest... 24
100 .. St Louis Southwest pf 33 ft
It00 .. Savago Arms 11
100 .. Saxon Motor 394
800 . . Seneca Cop Corp 194
600 . . Sears-Roebuck 65
8100 .. Sinclair Oil loft
100 .. So Porto Rico Sugar.. 30
3100 o Southern Pncfllc 10H
1700 . Southern Rail 10J
t0 .. Southern Rwy pf 45
3 10 7 Stand nil 0f N .1 pf . . . 107
100 7 Steel Tube pf 70
r 119 7 Stern Bros pf 113
30) 2 Stewart Warner Speed 24ft
100 .. Stromberg Carb 20ft
37300 7 Studobnker 75ft
800 1 Submarine Boat Corp. 54
5500 s Texas Co 34 ft
200 .. Texas ft raclftc 2394
1000 1 Texas ft Pnc C ft O.. 18ft
200 .. Third Avenue 15
200 0 Tobacco Products .... 5794
1500 .. Trans Con Oil 7
200 . Union Oil 18ft
1000 10 Union Paclflo 119ft
100 .. United Alloy Steel.... 34
100 h United Drug 5394
100 8.30 United Drtlf; 1st pf... 30 '
100 n United Fruit 103ft
600 3 United Retail Stores.. 5194
300 ..US Ind Alcohol 4894
200 .. Unltod Rwy Invest... 8ft
100 . . United Rwy Invest pf 39
300 ..US Food Products... 10ft
400 .. U S Realty ft Imp.... 48ft
3700 .. U S Rubber 80ft
100 8.50 U S Smelt ft Ref pf. . . 3Sft
14800 8 U S Steel 74ft
500 2 Utah Copper 40 ft
1300 .. Vanadium Corp 2894
" 200 7 Van Raalte 1st pf. ... 7894
100 .. Va-Car Chemical .... 24ft
EB 200 0 Va Iron Coal & coke. . 09
200 . . Wabash 8
100 .. Wabaah pf A 2094
Te 100 .. WcBt Maryland 2d pf. 17ft
100 .. Western Pacific 239,
400 4 Westlnghoust? E & M. 43ft
2500 .. Western Union 82 ft
100 . Wheeling ft L E nft
200 4 White Motor 31ft
3U0 .. White Oil Corp 8
400 .. Wlllya-Overland 09,
200 0 Wilson & Co 34 ft
200 . . Wisconsin Central ... 28
100 .. Wright Aero 8
Ex-divldend.
Low
2 94
83
8ft
148 ft
101
40
31
1394
10
77ft
9894
2034
11
24
3
10
38 ft
10ft
lft
0994
39 ft
13ft
10
03
00ft
75 ft
33 ft
1J4
10 ft
0ft
55
3394
4594
40
37
82 V4
18 ft
30ft
14
30 ft
7
20 ft
68 ft
M
29
20 ft
73
13ft
67
40
40ft
0
49
11
23 ft
3494
24
33 ft
11
394
15
04 ft
18ft
30
7ft
10ft
4J44
107
70
in
3 1 ft
20 ft
73 ft
5
.34
2394
n a
16
67 ft
094
18ft
119ft
24
6394
39
103ft
51ft
IS ft
8ft
39
16ft
47
6094
38 ft
"94
48
28
70
24 ft
07
8
2094
17ft
23?,
43
80 ft
ft
31ft
M
0
31ft
38
S
1:30 Net
r. ir. Chce.
3094- H
62
llyi-P W
8ft ..
148ft- 1
101
40
81
14
10
- 94
- J4
77ft- 14
09ft- aye
2094 - V
11 -
34 -3
19 -
3Sft -17ft-
W
70
2994- 1
10 -10
-93
-00ft-75ft-32ft-
U4
10ft-
0ft
63 33-
454- K4
10-1
37 - K
74 ..
6394- 1
18ft- ft
30ft -7 !4
14-94
29ft- 94
7
20ft- VA
68ft- ft
03ft- lft
29
20 ft -75
-
12H
07 -40
40 ft
0 40 -11
2"! ft -3494-24
33ft
V
y
ft
l'4
"Yi
"ift
"v
74
it -HIS
394-
13 -
64ft
18 94
?rt -709
-10ft-
4594-
107
70
113
2ift
5
34 -2394-17ft-15
-87ft-
094-
18 ft-
119 ft-
21 -
6394
30 103ft-
6196-
48 ft
hft
39
10ft
47 -
8094 - 94
38ft lft
7394- ft
46 ft- ft
28 - ft
7994 94
24ft lft
r.
"94
194
"n
94
IK
1
54
Yo
94
V
Vz
"l
94
"x
CURB ISSUES SHOW
L
(NATION 10 SAG
Carib Syndicate t Soils Off to
3Farrelfcoal Was
Steadier Oils Quiet
New Yortt, Auc 10. Tho New York
curb market wns fairly active, but with
out special feature, wtcept in the ells
ploy of weakness In the few stocks that
have shown n heavy tone for some time
past. Cnrlb Syndlcnto was In thl group,
that brock yielding ttf 3 on fairly
large dealings. Knrrell Coal was steady
after vestcniay's thorp d"clin" nnil wns
uatieti in nt lVa t0 l-vs- J-iiero was
n small amount of business In Tobacco
Products, which sold nt 5. The market
for the stock wns not motcrlally affected
by the announcement of tho Intention
of the company to subdivide Its busi
ness in order to comply with existing
laws.
Itctall Candy showed n firmer tone,
moving up from G to OMt. nnd there
wns n fair demand for Sweets Com
pany of Amcrlcn. Swift, Inc., was one
of the weak fentures. falling 1 nnint,
to 24ft Brltish-Amerlcnn Tobacco,
which had held firm nt nnd above 1-.
waa In supply nnd sold nt 11. There
wns a small amount of business In Chi
cago nnd Eastern Illinois preferred nt
20. Glen Alden Coal Bhowcd n heavy
tone, soiling durlne tho forenoon nt
34y,.
Columbia Emerald was traded in nt
02 cents u Rhnre. Radio common sold
nt 1 nnd 1. Hcyden Chcmlcnl and
international Rubber were botn un
changed In their market position. A
snle of Packard Motor was made nt 0.
There was llttlu business In the
petroleum group. Maracalbo sold on n
small Bcnlo nt 10V4 nnd there was n
moderate amount of business in Inter
national Petroleum nt 10. Imperial
Oil was steady with sales at 0. Elk
Unsln sold nt 0 nnd'Slmms Petroleum
was virtuully unchanged, belling at 0.
Anglo-American was traded in at 15Vi
nnd 15.
Mining stocks were active with Ir
regular movements.
J -
INDUSTRIALS
Acme Coal
Hrlt Amur Tobac rag- .
Cnrllaln Tire
Chlcueo & Hast III pret
rnlumbln. Emerald ....
nmplro Food
l'arrfll Cotl
lilen Aldi'ii Coal .....
Heyden Chem
Inter Ituhlitr
l.nka Tornado
1'nrkard Motor
ChorlarM Tlrs
Radio Com
ItaiTIo Com prof ..,..
MwUt International . .
Tob Prod Exp
U 8 1; t II
U 8
.Vl'oo
. 20
.. 63
:??
. 344
7
63
7
03
l!
23
5
114
Hhlp Corp 21
tn
07
8
-43ft-80
ft-
hft-31ft-
8
94 ,
34 ft
38 -
8 -
3
94
9
94
ft
Vi
lft
ft
ft
9
14
f4
Commodity Markets
STEEL BOOKINGS LOWER
GRAIN MARKET
Chicago. Aug. 10. Wheat "-tarter!
with September lc tu 2c higher and
December lW to 2'4c better. There
wns a general rush of buying through
commission houses and offerings were
light until the ndvnnce rnn into profit
taking by longs. Itcceipts inspected
yesterday were 287 cars; last year 103
cars. The cash market wns relatively
firm, with prices higher compared with
futures. Country offerings to arrive
were moderate.
Tha Government report, indicating a
total wheat crop of 757.000.000 bush
els, la regarded as decidedly bullish.
Interest In the market appears to be
broadening, with commission house
business increasing. Minneapolis re
ports a reduction of 45c to 50c a barrel
in llour nrlces.
Corn started with September Vjc to
aic higher and December He to c
higher. Trade wus light, with no sell-
Oats opened c to c higher for
September und ?sc up fur December.
Trade was light, with shipping inter
ests buying,
COTTON MARKET
New York, Aug. 10. Support from
spot houses and New Orleans und Liv
erpool Interests was sufficient, with firm
Liverpool cables, to advance prices 8
to 12 points nt the opening of the cot
ton market today. Most of the eorly
offerings came from Japanese houBes,
local traders and Southern wlro con
cerns but they were bo well ubsorbed
that the list held Its full gain after the
start und nt the end of the first fifteen
minutes was about 11 to 12 polnti
ubore the prevloim close.
Members of the exchange will vote
tomorrow on tlie proposition to make
September 8 n' holiday on tho ex-
Teat, closa Open 11 A. M. Low
Aucust . .
September
October .
riacamber
January
Marcb
May
NEW YORK COFFEE MARKET
x. 1. .t, lft Y.,k.ti.rfliiv'u
. unit, '"(, " - 'w
forced llriuldotlnn sent values to lower
levels twin wnrruim-u u, lummiuun,
nnd this morning's rally of 4 to 1(1
point wns looked upon as being nat
ural. The recent shurp break placed
the market In a better technical post
tlon, and It wns believed that some of
this morning's demand was for new low
account, as well as a moderate amount
of short covering.
At 11 o'clock n special Rio cable re
ported the term market thore unchanged
to an nil va lire of 125 rels. Loeallr the
market was doing better at midday,
prices advancing about 4 to 5 pninth mi
ili'inund attributed Ui European ac
count. September was switched to De
cember nt 4(1 points.
Clnre
September ;
Dpi ember ........ 0.73
wanuary ................
March ....
Slav ..............,
July ......
Bid.
Unflllsd
Totaled
Orders July 31
4,830,324 Tons
New York, Aug. 10. Tlie monthly
tonnage repot t of the United States
Steel Corporation, mode public today,
hhowed 4,8.'10,324 tons of unfilled orders
ou bund July 31. This is n decrease
from unfilled orders on June 30, which
uero 5, 117, SOS tons.
Comparisons of unfilled tonnage on
the 10th of each month since 1013 follow:
1021, B.117.80S Month of Tone
lSl. 4,880,8J4 Feb.. 1017.11. 878,607
IU1I.11.4M.U31
Test, closa Open
,...1201
... 13. uu
IB SI
lit 73
13 7"
IS. 80
IS S3
13 H3
14 10
14.12
13 44
18 7
13 01
1412:.
lit S3
13.73
IS 7li
14,07
June.
July.
May.
pr..
Men.,
Tab.
Jan.,
Die.
Nov..
3ct..
Bept.,
Auk,.
July,
June.
May.
Apr..
Men..
Ftb..
Jan.,
Deo.,
Nov..
Oot.
Sept.,
Auk.,
July.
June,
May.
Apr.,
Men..
Feb..
Jan.,
Deo..
Nov.,
Oct .
Sept.,
Aur ,
July,
Mav
Apr..
Men..
Fob..
Jan,,
Dec.
Nov,.
Oct..
Bpt.
Aus.,
July,
June.
May,
Apr..
Men.,
1W21. o.43'.!.A7 Jan..
1U1!1, S,b4S.2J4 llc
1021. 0.284,7S3.S'ov..
mil. o,ut3,tD7 Oct..
1921. 7,073.104 Sept.,
tOl'O H.ltS I'.'S Auk
100 0. Oil, 41 July,
10S0 li.8n.AV.! Juno.
1020 10,874. 801 May.
IBiO lO.nOJS.II.H Aor.,
10r0.il. 118, 40S Mch..
1020.10.078.817 Feb..
1(120.10 940,4011 Jim..
1080.10.810 747 Dec .
1020, 9,892,078 Nov.,
10211, 9,032.081 Oct .
1020. 0,28.1,441 Sept..
1910. 8,288,884 AUir.,
1919. t.VM.mn Ju,y
1910, a,472.nl8 Juno,
1B1II. '1,284 01s
1019, (1,101), 10:i
1010. 8.A78 K01
1019, 4,892 8A4
19111, 4.282.3,0
1919, 4,300,081
1019. fi,430,S7'J
loio. n.oin 77
lt0. 8.034,204
1018. 7,878,182
1018, '.,124 M
1018, 8.863 2113
1P18, 8 J'lT 901
1918. 8.789.04J
1918, 0 MlH in
1018, 8 337.828
101S. 8 741, 8J
1018, 9.0.18,408
1018, 9 208 m
1018 9 477 8.1S
1917, 9 881 Tin
1917. 8 3!7.in1
IH17, h.OOOMT.I
1017, 0.833,477
1917,10,407 049
1917,in,H44 101
1917 11,883 27
1917.11,888 191
1017,12.t88 0S3
1917.11.711.844
Mny,
Apr..
Mch..
Feb..
Jan ,
Dec
Nov.,
Oct .
Hem .
Aur.,
July
June,
1Uy
Apr ,
Mch..
Feb,.
Jan .
Bee .
Nov ,
Oct ,
S-rt .
Auc .
July.
J tin.
May,
ADr
Mch .
Feb..
Jan..
1918.11, B47.2MI)
lP16.11,0r.8..142
191S.10.01A.20n
1010. I,02i.3N4
1010. 9.880,357
9.B98..1U2
0,040,408
0,037 7118
P 820 ft.M
0,331.001
8,8118,01)8
7.922.707
7.800.220
7 199.4m
8 18.1, 48J
ft ,H17 018
4,908,435
4 028 840
4,078 106
4, 204, BUM
4,102.244
4 218.749
4,348,871
4 248 871
1014. 8 818.011
1914. S..D24.802
1014 3 401.001
1914 3 787 087
1014. 4,213.381
1914 4,188.889
1914 4 032.887
1914. 8 II'IH.280
1914 4 277,00a
1914. 4.033,823
1014 8 OJO III)
3 nu r,mi
4 282,183
4 'l"(l n
4 313,707
8 0(1.1 71
8 223 184
3,399 338
8 kii7..ti7
1018. A S24 S22
11113 8 (I7 7'U
1018. 7 488 11,10
1013. 7,838.71'
1B18 7.K77 88
1910,
1010.
1918.
1918
1910.
1010,
1910
1913
1913,
1U1.1,
1013.
191,1.
1013
191.1.
1918
1918.
1918.
1918.
191.1.
1911
1913,
1013
1913.
1913
1911
1018
191 a
Financial Briefs
.r.aar.?0B;,aPclln,,I:i3,n,cy,n?CyoV.,,
tcrrtav. to A8.1111 ..1,0. ..... ..'? '.r. c" y"-
declined 0.03-per cnt ' ,' WnV,y ""
Comparlhon of enrnlns stnl-menta nf ih.
of 19J1 Indicate. Inat. tv to earn rfiCi5KS"
ut low rntea of SntrMlnna unile? . r.-i1-""--1
dltlons In the ateul tradl "a four of i'ha
RiS T.Urb,cSn?m'onL-ndT? -""-
Allla-Chnlmers Manufncturlnir nnn...
for tha quarter end.d H ffif Company.
alio "inV forrtf.rriS,dlffind.n ".i, "'
with J1.899.9U1. or 3n a ,fh.;.ninro,??c,',r'-J
tespondlnx period of lino? ' n th1 cor'
U H Steam S.1
United ltet Candy 0i
STANDAIID OII.3
Anclo-Amer Oil IBil
Illinois 1 I. 132
INDKrnNDHNT OII
Bonno Oil 18
Jinaion Womlnir 08
Cunt Synd ....
IMmund Oil . . .
(llenrock Oil
Orunada i'i
Hudson Oil 17
Imperial Olt 9'i
Int Petrol 10H
Keyatono Raniter .... .. 80
Lyons Pet 1 ,V
Maracalbo Oil 1014
Mexico Oil 70
Mnufrtaln Products 71
Noble 18
.Northwest Oil 20
Omar Oil Ill
Sequoyah Oil 10
simmi ret i?
Hkelly Oil 3H
Textin ..83
un Texas oil 17
MINING
Alaska Irr Columbia 33
lloston & Monumv 08
Calumet 4 JVr-aio 13
DHIde Kxt 34
Kurcka Croesus 40
Oold Deel .1
lloldllo.d 1'ioience 1-
Ilarmlll DMdo 11
l.one Ktar H
MacNarrrara 1"
.National Tin 03
Hay Hercules 28
Silver Mines of America.. 1H
Southwest Metal 10
Tonopah Cash Hoy 0
Tonopah Divide 84
Tonopnh Kxtenalon 1.V
United Uastern 2a
Yukon Oold 80
ItONDS
Amer Tel Os 1922 084
Artier Tel lie 1921 97H
An.iconda Ha 88
Anacondi 7fl 1920 08 J4
1:30
r. M.
80
20
O'J
34
z
7
05
7
A
8
21M
3h
Low
00
11T4
29
ti:
a
1
84
7
ea
7
00 ,
M
B
2iM
33
OVi
inn
132
18
?
7Uv.
in
mi
1II7S
BO
liii
7;
18
20
1H
10
AH
At.
B3
10
33
III!
14
.14
3U
1
41
11
,1
18
Oil
28
Its
in
B
2 V.
70
0RS
97W
I'i
1BH
152
18
08
58
81
&
B0
l.V
19Vi
7i
18
20
ioH
83
17
34
US
IB
34
an
1
41
11
3
18
I'i)
in
n
83
1A
,'H
70
PSH
074
ss,
7Ws
.lOO'i
1023.
prices showed
A Ithmivt. Kap,
tendenolaa In the list Vin'SSlf""0""
followlnir thp un..,..; L "." " '""iwiK
money nn mil ln.. ,k. ' ."" n pr
money on call loan
wreKs enaea a
onaistent made
eoma to presana a furthir
price of
' ohn,1i"co V roS
T In the in? ,1n' of ,h' moat
a.'a yVW . "if" Ter. nd
upwatd nwlns,
..eo"ranld",T,,n. a0mnV5?'lI1'uf? .
nnt earnings avallablt fo? Inter, at a,JI.SorU
und provisions for depreciation 11 fhVf?"
pf il 844,189, and 1 ui2 "nd AS1'110!!
Interest chatces of 14-m ?? h?',r ?'
n-eriatinn ! .... ?..., "-J a?.n. before de-
lth iarnln Mor), depreciation C.SIP"X'
pSrlod'of 1020: ' '" ,ns ""Pondlns
Kndlcott-Johnson Corporation re..-. e.
"IJ'.I1 m"ntha of 192lTro,a aafea of son0'
81 831 and n.t Income of J3 nni 78? 11:1
deduction of all haraea, n. ludlni rtinrVn.'
f on. Nat nrnrtt. ...' t..,";i"l,!n deprecla.
II n im 'W: I..-.'!' -'nrni
iann lYTin
tun rininnct A A niil. fnm -.
ffn? ,ol4 omu"""':' '" 1. 147 778: equlva
lent to 4 38 n .haie on tin hob non nr
common capital am, k or at rata nf is sn
fr year. ):ftrnlrin. for stock ?n?ii 'R'.if
of year compare with 1.1 ilJ.U", . 'ia. ?
1920. '"
7,io
7.13
Open
0.33W33
H. HOW 82
-u vu
7,08 O UJ
yar
Tho "Port of the Atlantlo Qulf anfl
Weat Indlea fltfamiihlp MnVi L ih. wU:
1020 ahowa that nal Ear the commnn 'nor
preferred dHldend was earned V?t In.
coma for the year ufter u I ordinary del
.Suctions, amounted to $148,231 eSulval?nt
to about J1.08 a share on 113 74' 9 00 'Si
preferred stock. In 1919 th company re.
i""'u iniTO i Jin ,13 a shura on the
preferred, and after payment of tha raVular
preferred dividend tho balanco aallabla for
the common stock was equivalent to 182 43
a shara,
The Kennecott Coppor Company durlnr tha
month of July produced 4.902 180 pounda
nr copper, as compared with 4,807 820
yuunun it, uiiv uim lM,aoil,UUO
July of last year.
.. 97J
. .1011
..1094
..101
.. 93
. . Ill
97 H
Anifln.Amor
Armour is
Hoth Steel 7 1931
Cnn Nat Ity eq 7j
Cons a.ia 8 . . .
Copper Uxpurt fn
uuirim in
Ooodrlch Tiro 7
flrnnil Trunk llU I
(lulf Oil 7s VT
Humble Oil 7a 97
Interboro 7s , 7Ki
unlvnv hi HRI.I
Southern Ity Oh
Stand Oil N V 7s 1923
Stand Oil SVli 192H
stand Oil N Y 7s 1028.
Stand Oil M T 7i 1031
StarrJ Oil N Y V4s...
Hwlft Co 7s 1931
Swift Co 7a 192S
Texas Co 7a
n t.
93 S 03 H
KlllU Kllll.
,. 4' ..-1
01 '4
HIIW
United Oruz 8a
United Oil Prod 8s
6wlsa 8'in
..-,98U
. . 1)7
,.102Vl
..10214
..102i
..1044
..1001
.. 67J
. 0711
100
..100
..10lli
.. 87
I
I'I "TI
94 T
lap.
Hull .
I' "7 jr.. 4
101 101
03Vj tl.lli
91 91
97H 97j
07 97S
97V4 97 -i
7SV, 781,
98 98
07 97
102H 1II2W
102W 10214
102 102I
1041 1041
10n'4 10014
97 07
07H 07'.i
09 IOO
100 100
ions in
87i 8
1Q9S
74
Philadelphia Stocks
Tviw
10,) ,
40
io4
20
7H
lil.1 Net
I. M thKe.
H7V4 M
10315..
41) ns.!,
1014. .
20
7'4
I V4 V4
pounds In
FOREIGN EXCHANGE
New orlt, Auk 10. Theic wn- it it
easier tone In tlie foreign ex Image
mnrltct nt the opening this mornlnB.
Sterllm: cables were 3.O."',, deiniind
n. 051,4 ; franc cables 7 SO. checks 7 70
IMirian cables 7. .17. checks 7 fid; Swiss
cables 10. SS, checks HJ.SB; llro cables
4..TT. checks 4MW. ; ticsota rahliM
1 12.08, cliecks 12 0(1; KiiilnVi- cables
.T1.00, chi'clss .11.01; Stockholm cables
(20.1)0, cheeks 20,85: fhriatianla cables
11 ' ,r7" '-,'f'i .Oipenhuuen
cables 15.fi.., checks 15.00; marks
l.-oVa1
The rato of premium in Montreal to
day on New 'loik funds was 11V, per
cent. Tie rote of discount In ".Vew
York on Canadian fiimlh was 10 5.10
per cent.
Central Knropeun exchanges lrieitii
lar: flrtek, 5.00; Hunuinian. 1.,'I0,
IliilKiirliin, .S5; Austrlim, .118; Polish,
.Oi.5; C,y.echo.Hlnvnkiaii. 1.203: Juko
Slnvln, .015.
YKSTKHDAYS ri.VAJ, QUOTATIONS
Bt" " rr-nrs Lire Oull.lers 1 ?1ri,;,"i..S'".".i"''S..'.,..i,..u XSZ,,tt VfSL
preference stock.
Demand
Cables
S.HBW
8,(17
Bhattuck Arliona Copper Company for tha
June quarter reports u dficlt. after ex"
'.SS'.VnT'' J;.""" ' J,n "'- compan d wlih
180.112 In tha preceding quarter and $27."
8.13 In the correapondlnr three months ot
South Porto Won Hue-ar Company has
called a pelal meetlna- nf stockholdsra for
Aurual 23 to act nn a proposition to Inoreana
tha preferred atotk from 18,000.000 to 110,.
000. OuO. Tha new stock Is to be offered to
present preferred and common stockholders
pro rata at J90 a ahare with a bonus of 23
per cent In common -.tuck
Tnklnir a drastlo measure of eoonomy In
cIosIhk repair ahnps June 1, Chloaao and
Nnitliwasiarn waa able to show a proflt from
operat'on In that month Kxcept for March
when the company reported rot of 1443.839.
a deficit of arlnx s,xe has been shown In
each preceding month since October last.
The Stock l.lst Committee of the I'hlladel.
nhlit Stock nichanKe haa ndmltteri to th
I revular list 7944 additional shares of I'enn
, veiiiiui j.iKni unu I'ower 1.0,, no par value.
7 8.11.4
l.oa
4.40Vi 81.04
4.41 81.10
TODAY'fi OPENINQ QUOTXTION8
.IrfQulldars
SUrllnc rrancs Llr Q
Demand 8.83U 7,70 itlOV.
Cables 8,05ri 7,80 i.t
81.04
II.
0
MAR SILVER
nr silver was 4d hlglbr In London today
... 0IU,
Itlnh
25 Am Strs.. 57
25 Klec Stor.100
10CSen Asph 40i
Jttien .Mot lil'i
.10 I Co N A 20
H5 I.nke Sup 7VI
50 I, h Vnl.. 52V.
70 l'n It It.. 371J
110 Thlln Co
cum pf.. 32
3 I'hiln Klec 22'i
SS do prof.. 201
lOOI'hilii ItT 10VG
10 l'hilaTinc 53
130 Tonn llcl. 1 ?
5(1 l'n True. 3()iA
5 C (i I... 335
200tl' S Steel 73
10 West Jer
& S... 30
75 West Coal 00 Vj
Not chnnse made by comparison with last
salo un New Ynrlt Stock Kxchnnne.
riiii.i)r,i,i'iiiA iionds
50000 Liberty 2d -lVis '42
1500 Mheity 3d 4V,h '2S
2000 Liberty 3d -VA '2H
linill I.IDCliy .ill -tv.H ,t
1050 Liberty 3d 44h '28
1000 Liberty 4th 411s '38
1500 Liberty 4th 4Us '3R
S000 Liberty 4th 4V.s MS
100(1 Liberty 4th 4Hs '3R
1500 Liberty 4th 4'Jh '38
11100 Liberty 4th W '38
1 1500 Liberty 4th 4Vis
31 4
22
20
10 Vi
53
m
30K.
33'.
73
32 15
30
30 30 -
0015 001j.
41
'a:
!3.
2500 Victory
10.10 Victory 4V.H '23..
.100 Amer Cms fc Klcctrlc ....
2000 Hell Telephone 7s
400 I'hiln Klec 1st 5s'. ..odd lot
1000 1'hlln Klec 1st 5s... odd lot
87.70
01. Ml
01.80
01.01
01.78
87. SO
87 2
87. SO
87 SS
87.00
87. S2
87.82
0s.fi I
OS. 58
74
1051.
87
83 Mi
Dank
respon
rhlln
N. Y .
IlOStOlf
BANK CLEARINGS
k cloarinns tnda. compared with cor
dins: iNy last two rears"
lfm ifl9n mm
. . . - ;'.; wu 1
on 111111,1100 7B,a28,401 170,887.41s'
830,890,000 071.112:0110 789,34'J ,17h '
41.242280 87,083.(17,1 OJlfi 4o3 1
U. 8. Certificates nnd Treasury Notea
ini.
Itoto I)at 111,1
1110
1011 1-82
100 1.10
inotj
Ji'ii-
5'-4
SV4
3K
tn,
Maturing
unit.
Sept., 11121.,
Hept., 1021.
Oct. 1921...
Oct . 1931 .
Ieo , r.'ll .
THE DIRECTORS OF THIS BANK ARE
OEOROE DURNHAM. Jr.
WILLIAM WOOD
CHARLES WHEELER
CHARLES E. INOERSOLL
A. A. JACKSON '
SAMUEL M. CURWEN
CLARENCE M. DROWN
STEVENS HECKSCHER
AVERY D. ANDREWS
J. DARTON TOWNSEND
C. FRED'K C STOUT
BENJAMIN RUSH
WILLIAM POST
CLEMENT B. NEWBOLD
CHARLES E. MATHER
HARRY F. BAKER
Central National Bank
of Philadelphia
Chestnut Street at Fifth
Capital $1,000,000 Surplus and Undivided Profits Earned $4.40000
m2
$400,000
Commonwealth of Pennsylvania
5 Per Cent Bonds
Due August 2, 1951
Interest February 2 and August 2
Coupon and Registered Bonds Intercbmngeable
Tax Free in Pennsylvania
Free of All Income Taxes
Legal Investment for Trust Funds
Price: 102 and Interest
To Net 4.87 Per Cent
Harrison, Smith & Co. Biddle & Henry
121 South Fifth Street . 104 South Fifth Street
The Information and atatlattca contained baraln hswa baen
obtained from source! which vn btllsvs to be reliable.
Ulllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllll
II
Surtaxes
Should the proposed increased surtax rates on $6000 to
$50,000 incomes be adopted, your present income can be
protected by the purchoso of Municipal Bonds.
Write Ua for Suggestions
West & Co.
1511 Wnlmit St.
riilladelphla
.Members
Vew York Htack Exchange
Philadelphia Stotlc Ktchan
St Rraadwar
New Tork
nllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllit.
How to Buy
Listed Stocks
Through the Mail
on Partial Payment Plan
Clearly and concisely explained in our booklet,
'Tlirift-Saving-Inve8tmentwa
Write for Booklet PL-65
Charles H. Clarkson & Co., inc.
66 Broadway Now York
Ttl. 4020.4026 Bowling Green
CHARTERED MARCH 10, 1812
The
PENNSYLVANIA COMPANY
for Insurances on Lives and Granting Annuities
Member Federal Reierre System
EVERY TRUST COMPANY SERVICE
5J7 Chesmut Street
CWnutandJualper Streets Philadelphia
r.W ret. . ins inoti
l!5n i'.rcn' '"" too 5.10
IMi'r March, 11K. 1D0
Asked yielrf
KP0 S-S2 4 r,o
lot) r.-aj 4.40
innn.in ln
inoj.ja 4 no
IIHO
Tho
First National Bank
of Boston
Capital, Surplus and Profits
537,500,000
nj.ua 4 (in
'.7 4,55
fill r tn
10
1AA
Arimii irnm nnraisii iniiai f
timiliu. y.lIY'Jl'.:.v".V I
dua on data of maturity.
fi.no
R.oa
n.03
n,in
B.2.1
8.48
neoma tav
of Ineom tax
G. S. PATTON oTCOT
811 ft CHKSTNITT HTH.
BANKEKS
nilv Charts
Investors and traders
ww BiEfwXn :vm
and low price ranges arc i how
togethor with volume of '
Of exceptional value in "
lyrinK price trend nd?"
casting effect of new develop-
ments. ,
This service w jr
F. W. UNGER
jnTestmem anw" ,. ,
Room.J02, 130 So. ?f I
, fntiaaaifiriia
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