6 fT ', 'VTlT,r -Y4 ' (."A V 'fl 4" i l rjlv v tf.v ' hi EVENING PUBLIC? LJBDGEferPHILAIELPElA, THURSDAY, AUGUST ii 1921 .JL United $2,000,000 Fuel Gas Company Ten Year 7V2 Secured Gold Bonds Authorized 3, 000, 000. Outstandln August 13th In gold coin In New York, Dated Auuust IS. 1921. Mnturlnn Aunutt 15. 1911. Interest payable February and (.ounon bonds In denom nntlont of 1500 and J1.000. Res titrable os to pnnciF tt SZ.000.000, V..I. r-.. ...... I1...I. -1 ii.. t tlnn ..J t nnn ni-t .1.1. .. .n m Callable on ony interest date nt 10714 ..nrl inter.. Jminn ),. (Im ikr vr. ni inf .,! ini.n.i rr th. uniulnii three year ana at 102 and Interest for the remaining four years. Interest payable without deduction of tho Federal Income Tax to the extent of Z7o. Pennsylvania 4 mill tax refund GUAilANTY TRUST COMPANY OF NEW YORK, TRUSTEE For a description of the issue reference is made to a letter signed by Mr. F. W. Crawford, President of the Company, which is siumnarizcd as follows: BUSINESS The Company is engaged in the production, wholesaling and distribution of gas, oil and gasoline. Gas for lighting, heating and fuel purposes is supplied direct to consumers in over 50 municipalities in West Virginia, Ohio and Kentucky. Large quantities ofgas are also furnished to distributing companies serving such important cities as Cincinnati, Columbus, Cleveland, Canton, Youngstown, Springfield and Akron, Ohio, Pittsburgh, Pa., and Louisville, Ky. PROPERTY The Company holds, under lease or in fee, gas rights covering over 841,000 acres of land and oil rights in about one-half of this acreage which is located iri thirteen counties of West Virginia and five counties of Kentucky. The Company now has in operation 706 gas wells and 184 oil wells. The Company also owns extensive pipe line and distributing systems, a total of about 1508 miles in length and gasoline extraction plants, with all necessary accessories. PURPOSE OF ISSUE The proceeds of this issue of $2,000,000 Ten Year 7'2 Secured Gold Bonds will be used to reimburse the Compiny for "expenditures made and to be made in the extension and enlargement of its pipe line and distributing systems, and for the acquisition of additional acreage and the construction of additional extraction plants. SECURITY The Bonds presently to be issued are, in the opinion of Counsel, a direct obliga tion of the United Fuel Gas Company, secured by $3,000,000 First Mortgage 6 Twenty Year Sinking Fund Gold Bonds. The properties upon which the First Mortgage Bonds are secured have a book value in excess of $69,000,000. The total funded debt outstanding in the hands of the public (including the Bonds now to be issued) amounts to only $12,447,000. EARNINGS Net earnings for the year ended April 30, 1921, are equal to over 7 times all interest charges including present financing. SINKING FUND An annual sinking fund is provided which will be used to the extent of not exceeding one-half of the amount available in each year in purchasing these Bonds at not exceeding the then redemption price, the remainder to be used for the retirement of Bonds by lot. This sinking fund is sufficient to retire approximately 90 of the Bonds before maturity. All legal details relating to the Issuance of these Bonds are subject to the approval of Messrs. Cravath, Henderson, Leffingwell tt do Cersdorff. of New York. Temporary Bonds without coupons, exchangeable for definitive Bonds when prepared, will be ready for delivery on or about August 16th. We Recommend these Bonds for Investment New York Pittsburgh Price 98V4 and Interest, Yielding 7.75 A. B. Leach & Co., Inc. Investment Securities 115 South Fourth Street, Philadelphia Chicago Boston Hartford Cleveland Scranton Detroit St. Louis Milwaukee Minneapolis Cincinnati The Information and flRures used In this advertisement are taken from sources which we consider trustworthy, and, while not guaranteed, they have been relied upon by us In the purchaso of these securities for our own account. GOSSIP OF THE STREET It la fhe urmren Uint In always (lis most terrifying In all walk", of human life, applying 8 much to Ravage as It does the highly civilized. For soino few day,- disconcerting and vague hints hnvo trept Into the financial district, both here, as well os In New York, pre (Wtjng poiuc great disturbing develop- ,lnent was overhanging the market Nit s'' tlntlnn Tl,l .. l .1. II1..1 inn ra. ........ Ainn I1UI, UIII.V I.-1IIIH.U ..... . cent budding speculative enthusiasm, but also provoked quite considerable liquidation on the part of holders of long stock. Fortunately for the mar ket this was conducted in an orderly manner nnd wns to a large extent In miiall lots, with the striking absence of the overdlltnnlnff nf hlir lilnoks whlell attended some of the downwnrd plunges tno market suffered during the current year. The peculiar part of nil this HUDDOftcd nnorehotiMlnn la thn nnnnrpnt Inability of any one to pin down the fxorc nature of the trouU'e. "Yesterday, however, for the first time, thcro were rollnhlp renorls nolnt- lng to tho disturbance as having been the outgrowth of the unhappy foreign trade Munition. It is nn open secret that frozen bank loans in connection for the foreign trade, particularly with Cuba and South American countries, were giving considerable worry nnd great difficulty was experienced in com pleting adjustments. Chaotic Condition of Sugar Trade An unpleasant reminder of the chaotic condition of the wugar Industry was pre sented yesterday in the announcement of the .suspension of dividends on the rommon stork of the American Sugar Ilcflnlng Company. It was an awful blow ns the stock, heretofore, was re garded as one of the most stable indus trial investment! listed on the New York Stork Exchange. It has paid divi dends without Interruption since its incorporation In 1891. Since 1001 It paid 7 tier cent consecutively until 1018. when the huge profits from the big war prices caused the directors to de clare Ht per rent for the year 1010 and 1020, including an "extra'' 10 per cent. i me extra was dropped In the first quar I ter this year and since then the trade I has gone from bnd to worse. ! Following the directors' meeting yes terday, the following statement was Is sued : "Since the crisis a year ago in tho sugnr industry, the company has been without adequate earning on Its refln ing operations. Its Income from Invest ments hns decreased nlso. Meanwhile. It has taken losses on inventory and. by reason of repudiation of contracts, for i sugar sold to the trade." NEW YORK BOND SALES tflAi.rsy is i ooo i Adams Kp 4s IS 02 l oii l ni Am Ar Oh I,... rtl "i 7Ua rets (I. .. 00 n . . nnn 7 .... IP3H AHA It's 3e 1 78 1 .... 7H 1 .... 71IH Amn T ft T clt 6 . . HO B . . 80 B . . . . 80 Amn TtT Ci 1 SO Amn TTi 7 ..100 8 . 100 1 ... 100 1 100 1 09 Armour 4W 5 SOSt A T A B Fe 4 1 774 A T ft Ko aj 1 70S 1 70S 1 71 2 71 I Tl 2 " . 71 ! 1 . "" rmmt I. 7iit' v-nnun o fubn It Co fls 2. 07 Denmark Con ct A Ss 1 ... 101 Denmark Con ct II 8s 1 inn i 100 t I no Den ft (l M IS . .. 40'i 28 40 Den d II (I .'in Klnrdom Don- mark ct 8s 0 . 101 2 . 101 U 101 HI Hi 101 toiw 101H A 1 ... 1021, Atl'c Krult 7 2 . . . . no Atlantic llef'p ct 6U 2.... 100 wl 7W i 1 . . nov 8 .. . fl'i i "ti , , . . -- libit A Ohloov "i '"" i -" HH v ''ssBsB, How to Test Public Utility Bonds EVEN experienced investors will be interested in the outline for judging the merits of Utility Bond9 suggested in our pamphletTenTcsts of a Sound Public Utility Bond." The beginning investor will find it full of helpful information. vicopy will be sent upon request. For convenience mail the coupon Investors' Service Our information and ad vice on investment nutters is given without obligation. If it ii not convenient to call at our offices, our service is effectively extended to you! BY MAIL HALSEY. STUART & CO. I. and Title lll.lt,-., IMiltrulrlpliln Please send me without charge: Q Booklet, "Ten Tests ol a Sound Public Utility Bond" H'A-20 List of recommended PublicUtility Bonds &Camc 5reef City .1jjj1jjjj::jjj Because of its consistent record as a dividend payer we bring lMerican Tobacco Company to the attention of investors in our circu lar P.L.-433, which also contains data on THE MENGEL COMPANY We mail copies free on reguesf WyiERj.SCHMIDT L CO. Mmbtrr Cbnfofidated Stock Exchanpr otttawYbtk. PHILADELPHIA 13W Walnut Street PtoncviBcIl,Walnut4d60i Xaystone.Rac 40SO NEW0RK:30 Broad Srweti3r9Hfth Avenue HALSEY, STUART & CO. INCORPORATED Land Title Bld. Philadelphia - Telephone Locust 4820 NEW YORK PHILADHLPHIA BOSTON MILWAUKCD MINNEAPOLIS ST. LOUIS CHICAGO DETROIT WE OFFER $20,000 ia bonds a cloud oiortfaic of a Pulp and Pper Company at a price to j'uld over 8. J'ondi run 20 jours nnd nre Tfe from normal fuder.il In romo urut 1'oniiByIvanU Btutu Klnkinf Fund retlrcB liunds at MirniKi-nient Bound and con H " tho Wi6imu Dido, Philadelphia folM:StocitxtfiiKiti ; lUIABtTM, N J. i Concerning the RAILROADS Jterriit conntrmllii' ili'iel opint'iitH in thn triiiispirtii llun Industry liullciite Hint the ciirrlrrs are Htmullly t r 1 1 k 1 1 1 o 1 1 1 1 1 K their ponl llun, The lcudlng urtlrle In the current lumio of our Mlirllrt ltelnv rtintnlliH interesting Information iih u the riillruni! situation. We lll he bIkiI to tend it ropy on request for J.-03t. E. D. DIER & CO. .sun k-. liumln drain 1435 WALNUT STREET I'lHLADULI'UIA .spruit" (Mill New VorK I'lllnliurKli ll.it r D0.1l Clrteliind American Railroad Bonds Issued in Francs and Sterling .4J Issues Private wireM to principal cities A. A. Housman & Co. f New York Block Exrh. New lork cotton JJxtfi. Nbw Or'eans Cotton Ex. N. Y. Coffro U HUk'iir Ex New York Produce Kx. ChlCBEO Hoard nf Trade AMociaien .nemwr or Members Liverpool Cotton Aiw'n. 20 Broad Streot, New York lllt.VNCII OFFU'KS !S Went 33d Ntreet. New York l.lhertr llidldlny. riilluittdphla Yooilruril HulliUiiK. Wuhhlnxton Amitrrdniii, Holland Vi We lteromnirnd for Investment Shawinigan Water & Power Co. rirst Hff. 8s. 10B0. Yield 04 JosepKV.Gross atCo. 1421 Chestnut Street Correspondents Aldred & Compnny Lawrence E. Brown & Co. CERTIFIED PUBLIC ACCOUNTANTS 101)0 lIRAf. KSTATK TRC8T HLDf). Intestlvote and adjust corporation and R.a,nJ.rs.h,I, mou.m and pi. par. lucom. Tax rtuturns. FINAXCIAI. NOTICE TO STOCKHOLDERS VICTORY DIVIDE MINING COMPANY Certificates of stock of tho Victory tin ,dn Mlnlni Connany nre exchun.oaM. fir sod of the reorganized Victory Dlvldo Mm n t'ompan on tho lmsls of shnre for nh.ire to.iellier with tho pnwnnnt of an iismssm. nt of onj cont (Ic) ptr rlmre, which hu hip, upon the stock of th r w eoinpnm Cei tlfldtf, of stock tonelher lth amount if ocs.jsiunt must lie sont to the of Him cf 'ho company nt (Joldflcld. Nv. on ur l-f r-i Hepti'inlwr 3, 1031. Al siocli rum.ilnln,- I, -llnipiant on that dnt vlll h" mid at pul'l auction in Oetober H, 1031, to pis do'ln. (iucni asj.a.nTen. ani cohim A Two-l-klRetl Opinion I It is oftcnt itni' rpmnrltnbW1 liow (juirkly nnd rodlrally the temper of I mnrkct si'iititncnt chntiKOH. Tills wns i vividly exemplified in the published opinion yestcrdny of one of the shrewdest I market juiIrps in Wall Street. Only n short time npo t!iin same critic, tin hesitntinKl.v iidvised the purchase of the better (crnde of seotirities, uxpreHfting the belief that the market hud started on a well-defined upward swing. Now he finds the advance met n generous dis tribution of stocks on the part of those who had cither been waiting pntiently for a soft jumping off place, or else by people wlio louml tins the only satis factory avenue for fortifying cash re sources. lie pointed out yesterday there was little hope of enticing outside buying to any great extent. Declaring thnt many who often took n mnrket Hier. now found employment for all ready cash, while others were compelled to liquidate securities in order to get funds- for business needs. This is not altogether a bnd sign, he asserted, because if the business mnn could see sufficient encouroging future signs to start things moving again, it meant n turn in the business situation hod at lost pome nnd, sooner or later, could be established ns a bull argument. Slcl Haying Not Continued Following the publication of the un filled tonnnge of the I'tilted States Steel Corporation, showing a shrinkage in unfilled orders of 2S7,.ri44 tons for the month of .luly, the weekly review of the steel industry by the Iron Age was read with considerable Interest In thut It failed to give any partietilnr i encouraging news. Discussing the situation this accepted I trade journal says : I "Moderate improvement of last two I weeks in replenishment demand for steel continues, but few successors huve up , pearcd to larger-sized orders which lately brought out such keen competi tion In the Central Western and Chi cago districts. Any new price con cessions have been in pig iron rather than in finished material. "Hate of steel works operation i sub stantially unchanged and same alterna tion of activity and shutdowns that has obtained at many plants for several months Is expected to continue Into fall. "Lackawanna Steel Compunv is now fniii'iill.i in tho miuket n seller, con siderable bookings being reported for the I hist week. "An example of wider variations in i current prices on desirable hu-iiiess Is ! tho placing of 400,000 tie plates or I about 2000 tons, by Hurllngton tit f-W I per net ton, Chicago, next bid being $." ' per ton higher. "Far Eastern Uailroad business con tinued to come to I'niled States, but with more or less complication us to I shipping and financing .lapuu hits been a buyer of rails uNo, one order iust placed in .New lork being for -MOO tons, "(iermnn and other ICuropean bid on steel for Japan nre well below American prices. Frenih sheet liars have ben offered nt $84.70 delivered in .lnpan or SI 1 to S12 under anything domestic mills would do. l. .. con o . C9 6... . 09 rialt 4 O .Vis 1... . S5' Unit & Ohio 4 2 ... 09't 8.. .70 t... C0H Halt ft Ohio As 7 70'4 Halt ft Ohio 0s o no 1 no Unit A Ohio S "n 3Hs 1 .. . 824 B . .82 Hell Telephone of Pn, 7s 1 105 llkn Kdl C 7s 1 pn i.. .no llkn Kdl D 7s i ... nn i on Brkyn It T 7s a .. ay, 1 .. 83'4 llkn Ilapld T ct 7s sta 1 . .SO 1 . . R0U llrkyn V E 1st 2 . 08 Csnnd'n Nth'n flijs rets nstt l 8 1 3. 2 K'm Italy OVi a . . . . so 3 . M Klusuum Nor way ct 8s 1 . W.V4 ft 108 t 1 . I03U 1 111.1 10.. . i" K Hweden ill Dts Motne & 2 s&i VI Dodge 4s , hc 1 mi r:. : 80. Dot U It 4Va so 1 " U Val en IWs D Match "'4" j -g 2 .. 103 si j, &' iiycr, r,,, 1 .. 103H 1 ... ho Do Csnada '211 ,, ft M,rl) ;B 2 3'l j 107 t "jj, I.onu I n It M 3 . . U84 j . 00i,4 I I.nu ft Nusli 7s 1 104 Mhl HI llv 1st ,, ,J0 8 . . 70Vi D De Nemours 2 70H I'wd'r 7Ws Mariana' oil 8s 3 ""H 6 ... 01 7 nnl Mox I'er'm 8s 4 .. 0fli4 B . ti7i'. 8 ""Is 1 . 07 Vi 2 .. "04 1 . . 1)7 K - "J Mo I'ncinc 4s i IS1 1 BS'i 0 OOVi , r.m: 1. . 03H r.m; 2H fl. . 3U t2. P2H n i i II24 Brie Oenl I. Ion I) .... 42 Hrlo 11 It cv II 1 37 4 Oene'l Klnc Os 1. . R0i Oene'l Eler Its 1 . . 1024 1 102 loodear Tire ft llub'r 8s 2 . . 101 1 . . KH it n mi R. : :r:.?i 1 . . . 1U1 'S Ooe t Flench It 7H rrts 3 1 08V 08V 08 ; ns 08 H 08 W 00 os; 08 OS 4 2 1 24 1 13 1. 1 r, 5 n J) ir, 1 2 n o 1 3 14 1 II. 1 Mln ft at L 4S 3 40 Mont'u Ct'l 8s 1 . . 82 Mont's, Pwr 8s 8 . bO'.i N Y Cnfl 3Hs 1 . . ofm N Y Ctl en 4s t ... C0H N Y Cent' I 0s 1 . 02i 1 U2 1 .... 02'& 1 .... 02 1 .... 92U 4 .... 02H 7 .... 02V4 I 1 . . 02Vi 1.. . I2 3 . 02 li N Yk Cefl 7s 1 . 101 1 102 2 .. 102 U N Ik Cent I ! Shore 3V4s 1 t. 02 2 . 02 N V C'onnect'ir It R 4Vis I 2.. .. 77 Ko'n I'nclflc 4 3 . . 72 2 . . 72 1 . 71. Ho'n I'ae cv 4s 20 ..81 H'lUlh'n lll' 4" 1 . 874 Fnuth'n Illy As 1.1 84 4 Stnnd l Oil ol Cnllf 7s 1 .. 103i 3 . . . 10SU 2 103 U BwlU'd Con 8 1.. ion; a ... 108 '4 Third Ave al 3. ... 824 ft... . 32'4 Tldenater Oil Co ct O'il 1 . . . . 04 '4 2.. .08 ft . 08 1 ... 08 i 3 . .. no 2 no t'nlon I'sc cv 11 84 W 11.. . 84 II . . S3 Union Pnc 4s 1 81 S 1 . 81 '4 tJ'n Tank C 7s 11 101 'i ot'i UKoto nritiU a ni4 a I'd 1021 1 01s 8 .. 00 ntVi U K of U llrll Ql A I'd 1022 fll't 1... . BHT4 HIS 4. .. II8U niVj ft . 0i 01 4 1 08 01V4 2. .. 118 U Is of llrll ft I'd lS2n ft . . ss 3 . .. 88 6 .. 80 1 ... SO 1 80 1 88 I I a IC of O llru ! ft A I'd 1037 1 87 1 87 8 . . 87'k 1.. 87 1 . . 87 U H Urszl! 8s 8. . 1 I. 1 . 1.. 1.. 1.. 2. 2 2 09 0ll, 00 nn 'k 00T4 tw no nn no no L' M Mexico Is 8 . . 81 1 34 IT H Mexico fi 1 43 ii 1 . 43 8 48 t. H II A I lis 1 . 88 U S Iltibb'r f.s Ituti 74S . . 1111 '4 ... tnl 101 "4 101 101 ' . . 101 . . HO mo'4 3 $5,1,000 GAINED tJ'd B Hlecl A lllj ti4ii, 01'. nt4 nl' Ill '4 t'tsh 1' ft 1. 70 8(1 ft ... ft. .. 1 ... 1 13 1 Vn-C I'hom 1st 1. 01 Vn- C Ch 7'4' 2 - .. 01 '4 Wos'n l.lir 3 8. . 07'. Vest'n Mil 4 s 2 . 84 '4 West flhore 4s I . 73 1 ..73 WVn union 8s 1 .... 80 W A i: MfB 7s 1 . 101 1 100 1 . 101V. 1 101 IVIcks'o fitmcr Bteel Co 7s 1 . .. no ',4 nov4 Wilson Co cv t 80 1,, Wilson Co 1st 2 80 BY STATE FORESTS Woodlands Cost'ng About $7.- 000,000 Are Now Valued at $1 2,000,000 INCREASE PLEASES PINCH0T 70 70S I 70 SO1. 80'k SI) 08 Vi ns nr. 0314 nsvi ns'-j nsi, u.v na. vn nss, "J ""New Y N II A "' llart'd 0s "?y 1 . . 00 rl'' V.w York O A West'n 4s a 1 00 Canadian N 7s 1 ..103 1 ..103 3 . 103 1 . 102'4 . 103 Canad'n Sn Si ft . . 80 1.. . 80ij B ... 80 Ctl raclflc 1st 1 . 734 1 . .. 78S Cerro de Pasco Copper 8s 1 ... 108S C ft Ohio 4Vs 3 73 C ft O cv 4 ',4s 0 .. . 70l (I .... 70 j 1 . 77 C'lf 4Uev 3i 1. . 82 Chi A Alt 34 1. . . 30 Chi U ft Q (in 1 7S C U & Q 0'4 03 Oove't t' II 8s Oil Hap 1 li"! 1 . . 70 I Od Trunk rclsi ft H'1'4 O Nth Ilwy 7s 100 100 mo 100 101 8 1 3 1 . 1 3 1 3 1 :i 3 1 3 1 I 1 1 113 "?" N Y Tele 4s "i 1 b2 lift ',. yi. tIo lis O' 1.. . 03 "'''4 8 ... n3 "'vu' N'k So'n n Bs "SH 1 .. 47 3 40 0n4 K'k ft V cv 0s '" 4 . . 103 1. .. 103 North We'n U Tle n 7 1.... 102 2 .. 102 1 . .. 102 1. . 102 2.... 102 102 I .. 102 1 .. 102 l . Wi"i A .. 102 I . , 102 1 10.! Hni-riKbiinr. Antr. II. I'ennsvl vnnla nnld S7.2 17,200.01 for lands for, Its foresf reserves nnd for Improving nnd ndmlnlsterlng them nnd It Is esti mated now bv Ciimmisslnner Olfford I'lnclmt that they are worth more than .! 2.000.000. This figure hns been nr rlved nt nfter consltlernble study of tho 1.12.", 011 acres embracd in the State reserves fur which Pennsylvania paid nn aggregate of $2 ni.'.l.'U.O.'i a . purchase price extending over almost a quarter of a century. In severnl Instances the value of Irmts I'lis increased several times over nnd Mltlle the Inntls have been advanc ing the State has paid local tnies, the uggiegate of the county, school and road taxes paid by the Snte Depart ment of Forestry on the forest prop erties being S01 0,010. 17. These tax pajments have been made as a matter of State policy because In some town ships n large part of the land is owned b.) the State nnd the burden of local taxation otherwise would be high. 'The State forest holdings are nn In vestment and not an expense to the Commonwealth," Mr. IMnchot polntf out. Although the State of Pennsylvania uill make no charge for fishing vith spears. Rip. outlines, eel baskets nnd various other menus of taking fish next enr. no one will get such u permit un less he has n fisherman's license cost- ' lng 31.10. ' , The State docs not charge for n spe cial device llcensn now. it is explained. v...rr(,. c, ,... i c,u n. nml ,lm" ",,t Intend to. but will reo.ulre Yesterday s Suspension Said to Be ,i,nt every applicant for such n license Due to Price Declines have the other kind nlso. The funds Chicago. Aug. 11 trading in but- f'""m. the fishermen's licenves will be tor and egg "futures" was resumed to- wn, b' Vl" '" Mmi(,, Iepnrtment. as day by the Chicago Mercantile Kx. the (,ame Uepartnient uses the proceeus change following a suspension yesterday, I '',' ,11,1,,,r',1 H'cmcs, up to $400,000. sold to hnve been caused by price de- j ''"'c'l'ts above that "mount go to the (lines. Within the last few dns eggs :,'n,f1rHl1 ,f,lml "f J1'!' Htnte Treasury, dropped four cents a dozen, from thirty- I ll"' "' 2) .hunters licenses nre six to thirty-two cents, and a drop oflP'cted to be delivered within a short two cents n iioum on Putter was re- """ '"'" "" ." h's-hhk mr iiuus irded. (iiime ( ommis Is lllch .S.S.U S7.I10 J.ibertj .''(js l.lbeity 2d Liberty 1st -H4s. S7.IMI Liberty 2d 44s. 87. SO Liberty 8d Pjs. 111.114 Liberty 4th 4V4s. K7.D0 Vie Notes .'ls . . IIS. 74 Vic Notes 1,M .. 'I.S.74 Low MN.40 87.00 S7.1K) K7.0S lll.HS H7.K1 1IS.72 118.70 J' I in M 88.4 I 87.00 87.00 87.0H 111.112 87.81 08.72 1)8.70 LIFT BAN ON EGG "FUTURE 100 nn 110 loo inn 100 ion cord South Water streer. I produce center, was agog with excite ment, following the suspension an noiincemuit by the "Hutter nnd L'gg Hoard of Trade." Several dealers were said to have lot heavily U-cause of spec ulations, the mnrket being subject to sharp fluctuations. Brokers characterized the suspension ns "n most unusual proceeding." and saw mat trailing in "futures" had ssjon offiieinls will start to Milciffn's ni.irket ' sniP ,," "f1'1 KrP,;n '"f t0 County .7. .?,.i? -J .??.1 i trensuicrs. Hunters will be reuuired thU ear and henufter to wear the togs on their backs B. &0. MEN HOLD REUNION Veteran Rail Employes Entertain Officials In Penmar Waynesboro. 1'a.. Auc. 11. The never before been suspended. There were Veteinn Kmpioyes' Association of the reports Ol tiree orders f eirp nn truck i iiiiiiinior'. .inn vinio itiinroai 10 ine which could not be moved, but these i number of HOOO assembled in Penmar retrorts could not be verified. j t Ilnltimor'. jesterday for their annual reunion. Thla was the llrst outing to a point not on LOCAL MINING STOCKS TOMOPAIf STOCKS 1021 I '""'IN roclflc It 4s 100 100 10(1 100 100 100 100. lon i inoi 100, 100 100' 100 I I??1, Pnrknr 1UU'. on 100 ion 1 77 1.. .. 70 3 . 70 4 . . 70 X l'scltlc It 0s 3 101 'I Kit 8 100 2 . 100 lr ft Calif 3s 2 . 00 13... Ill 00 Hid Cash Hov 115 Jim Itutler us MiirXamur.i in Crest ent nn Midway );t Mlr.PHh Hst os Montun.1 ti.T North Star 113 Itesrue I;ula 'j:t Tonopah Uxt 1 West Knrt . . . . . r-. Weit Tonoph DIVIDE STOCKS Allied Divide Alto Divide llelcher Helcher Ext H-n Ilur llrouifh Divide Divide Kj.t . . . Divide Con -. .. Dividend . . Kast Jilvlife llurmill . . . . Ilushruuik Dlvldo HlKh Divld- .. Knox illt-vert DIvIJm nno Divine 02 .01 02 01 02 101 101 100 I Chi ft tl W is1 1 81 ChlcaKO Mil ft Ht I fd 4 1 .... 30 . 1... . 80 C A Nvn 0s. 1 ... 100 Chi ft Nwn 7s 1.. 102 I Chi Ilwys ft 1. 1 04 C H I 4 1' U ''! iSo-1 ---- oo. 100, "fl X X' 1 .... 80 mi I ' ' '" 1 SH J"1 itlud ft Man fd .', ?"' vtnifl- ' Hoseta ra rn Qa .silver Kinc . ... . "utherlsi.-! . . 8 . . 0.i Tnnopdh Divide Pan A Petr'm ITon.iiiah Hnshruutii & Tr Co 7s vioiori Dlvldo . .. 1 00 .Hrue "iMe . . 07 33 ."2 114 112 III .02 .01 II .01 .01 .02 01 1 SI 02 111 .11.1 .11 07'- 07 07 2.1 07 4 00 Hud ic Man In 3 41 2 . 41 . 4l 41 41 U . 41 4a '31 70 3 III Ctn' I 1 . o 2.! 1.. 3 n ii" r. 1 07 ' 07 07 1)7 07 07 07 07 07 III Cent'l 5s 1 . 02 III Cent'l 0s 1 . 100 S 100 1 10O 3 100 2 100 lot M ct 4s IS 13 13 13 1S l1'il.DKli:i.D STOCKS 11.' S0 Penna ltd 0s 3 Booth t'omli Kniitinn i '1 iicl.ei l.lr DIamnndi e'd Mine Hull 1'lornc . , (ioliireld 1 'on iiuliltl,.d Dv .. . (loldtleld Deep , Ureal llnid iJuml.o Kt Kmvanus 1 l.one Mar . , . Oro . . Ited Hill. 1 1.. 00 Penna K K 7 3. 103 Pero Man 3S . 1 . ... S3 . Jb 8erv Cp'n X Jsy 8s 1 ... OS Reftdlnn Co 4s 14 70 lieu Chile rets Chlcnuo Cnton rua cv oi ' T iji, 3 104 lIn,boro 11 t fd 3 33 I . 35 II . SH 101 I 101 W I fl ns 08 08 U8 0S ns ns s Ss 2 83 nock ll'd A 4 I.oul'u 4s 8 07 3 H7 n nn 011 110 n no nn B0 nn 'silver Pick .1(1 (J . t . w'7 ioariirlir , I misci:m.axi:ous Amtmro Ariz ma United I'tiledonU . Kden Emma Silver . Eureka Croesu Eureka Hollj HhcIu Mother I.ndt. Xcvadit Hills Xpvuda VoIlder Success Teioiui MinluK White Cars Wllbert 03 01 411 07 HI 110 1111 114 02 02 Hop I A Cnido Oil Production "For the first six months of 1021 crude oil production in the I'nlted States, itccuidlng to tigurcH of the I'nlted States (ieologlcal Surve.v , amounted to Sot), 075,000 barrels, or an anuaiil rata In excess of 47.1,000,000 barrels, com narctl with the production of 'Jl l..'tl!0.- 000 barrels during the llrst half of lD'.'O nuonaANizED vicTonvuivini: .mimxu im,,rtH nf oil iucrcnsetl more than 'J7.-' uiiii.iniu uiirreis, vviuie txports incre.ism irj.iMHi nnrreis nnu consumption in HAimy 11 ittin.. Secrttary. I'ropos'vls CO.MMOSWKAI.TII OV I-ENNSILVAMA 1021. wien bids will bu Dubl c y opened nn.1 sch.'dulcd and contracts awarded as s.wn ihi rentier as possible for tho followlm; supplies: Approximately 400.000 IndlvldJal don license rheck taes. coin stnmped, approx Imntely 30.000 kennel dor license check tans oolu stamped. .... lllddlnir blanks and specifications mav bt 3btnined free upon application to the Hecre. tary of Atrtculturo, Itsrrl.tmrs. Ps PIIED liABMUSHKX. Secretary of Asrlrulture. I'HOl'OHAI.8 rOIt T1IU CONHTKUCTION of paving curbs und sidewalks around rew experimental shop hulldlni. OtTIco of tho Constructing Quartermaster. Frankfurd Arsenal, Philadelphia. Pa Hi-slfd proposals will be received here until 2 P M, ItCastern standard time), Ausust 24, 1021. nnd then opened for constructtlon as stitrd above, plans und specifications on application H.L.SMITH&CO. INVESTMENT SECURITIES 1009 Una Title BUi. Sproci 6721-2 Dividends Philadelphia, Amust 0 1021 NOKTII 1'1IIIDKI.I'HIA Tit 1ST t'OMlWNY Tho Hoard of Directors has this day declared a quarterly dividend of h. pay- bl9 AM0' JLB,I1 to 'J?!1 of fecord Aurust let. 1021, Checks will be mailed. HA118T P, COHDBTT. Secretary. creased 12,500,000 barrels over the first ilx moutlis of the preceding jenr. Dur ing the first half of 1021 more than i MS.OOO.OOO bnrrels of oil were added to htocks In storage, wliile in the corre sponding period of 1020 fiOS.OOO barrels were withdrawn from storage. The consumption of oil in the first six months of 1020 was 217,222.000 burro's, while for the first six months of 1021 consumption was 2,10,721,000 barrels. It will bo seen from these figures that If there had been no oil Imported into tho I'nlted States is the first six months of the current year production for that period would have been about 2,1,000, 000 barrels less than consumption." TIIK THADKIl. President Harding Commended Heading. Pa.. Aug. 11. The action nf President Ilurdinc in slsnlnt? thn Immigration Restriction I.nw was coin- liiruiiril 111 .l-nuiuiiuu pubM-ll ,V I'Hteriin.V ' by the Grand Circle of Pennsylvania, ' llrotherhood of America, In yearly con- I vention here. Lebanon probably will ! lie selected for next year's meeting. ' Wharton .T. hnfferty, of Philadelphia, i Buprome Washington, will install the new officers at the convention close today;. a 2 cm & 4 iu. i r.nu Colls Cop'r 7s', M j,,arine , 3 . 03 -,i 3 .. 03 J , r t a st I. Os, . I ... 03 J ' :; I"0 TtTs, Cliy of llemen ,;. n, , u 2 83 Ss rets a .,, Ht. .' " 1 . . nn , ,, . i n "" , - ........ :..'.i i 73 jup uv" o i m n . . 3 1 S3 1 . SO 1 . . . ail Jap Gove t 2nd 3 S3 s , 1.. . S3 ''.' Jap (Juven t 4s1 . 1 ... 71, .J0 I 71' ml t 7 11.." Cliy of Cjipii. Kl ,. Mompi s hsgen 6. UtiUv B, 3 CltyMar.'Vo.lJ,,,. A '.J l 1 30 I I tHs'l l.- i" jl kl ;.. i . . no.is """ - " " s . an, u 1 10 .ii n7 Hi .0.' 34 110 4 00 3 Ol 17 02 Ak 00 (111 IS IIS ir, 10 07 07 J3 1 .-0 114 02 (13 O' ,13 ll(( .h 3.-. 03 II. "3 12 I I.I IIJ 12 113 02 '13 IIJ 2 S3 0.1 02 .01 12 01 "(1 .04 '('.' :i us nj 01 01 n3 .ll'l '13 1111 2 13 113 1 311 l.'i 11 20 ill .XII 01 their own railroad. Lust vear the out ing wus lielil at Jlraiid.vwine Springs, near Wilmington. With K. W Scheer. general manager, in his private cur were ('. W. Galloway, vice president of the Italtimore and Ohio; M. ('. Myers, president of the Western .Maryland Uailroad: It. W. i White, general superintendent of the I Maryland district of the Haltlmore nnd Ohio, and K. (!. lloskins, superintend ent of the Haltlmore division. I The ollicinls were entertained in the I Pcr.mnr dining room. Addresses were j made by Mr. Hyers. Mr. (Jallowav, Mr. Scheer. Archibald Tries. It. W. White, (J. W. Strumer and (J. W. Uowers. A j glee club of sixty voices. led bv Ilobart ! Smock, and the Baltimore n'nd Ohio I concert bund furnished the music ! HELD FOR COURT AFTER RAID I Ten Arrested at Bridgeport Carnival Must Answer Gambling Charge Nonlstovvii. Pa.. Aug. 11. Ten of j the tvvelv men arrested by State police in the rnid on the Tip Top Carnival in j Bridgeport Inst Kriday night were held I for trial at court at a hearing before Magistrate l.enliardt In Norristown yes- trdn. The other two, William Itcnck- crt. of Philadelphia, and Samuel Oui- ginlio. of llndgepoit were each fined ?." ."( nnd discharged. The ten hfld fur ourt on a gambling charge were N. .M. MrColl.v, Harry M. .1. fioldbeig, Samuel Uoss. Walter Tur- ner. Abe Tox. nil of Philadelphia : John , McKewan, of (lloticester ; C. II. Kvnns. of Sou Francisco; T. 11 Powers, of Youngstown: Samuel I'lyman anil Carl , Kuhukc, of Pliiladelphia. All except Civilian and Huhiike went to jail In tie- Ifuult of bail. ! CHESTER CROWD DISPERSED .'.i n.i on .on 03 Reading Cars Rounded At nn tlms slnci. Jul' Up 1 00 City Heme 8s 1 .. (18 2 .. ns 1 os 1 . .. 8 2 .. 08 1 118 Cty Chrls'o. 8s 1 . 00 i . . nn no 3 83 City Paris 0i i ...no is 3 ... 00 . 13 91 . t H K a 2 . 0S 1 08 2 . 07 1 07 2 07 & S I'' In vi nn tuns sinci. Jul, llio.. h tho nuinhr of I'hllndeiphla und It-, idlns- Itailuov .. I,,, luiriKn iinei una me number of for eign tars on the Philadelphia ur.d Headine svstem been as low ns on July 21 1021 On the latter datn there wire 10 7111 I'hlladi-' S..ia, a.nJ ,'teadlng cars on for'-ign llnei and SII3U forclKn isrs un the I hiladelph'a and !:J?,1ln1 ''em Th- average nutnbi r of l'hlladolphla and It.a.lln ..k-h un foreign lines for the month of Jul lnOL' was s.'j-, and the averas'n iiuninvi of fun Un 'srs on the Philadelphia and H.'udlng tim for the same month was S024 Durlnir Match m.'ii th.. (list month durins whkh the railroads were operated under private control after the tmr the averag, numbir of Philadelphia and Heudlng nirs on forelen lines was 3S.01I1 and thi- avfrnge number of foreign cars on trie Phlin Ulphla and Heading s.vtim was 83 01)1 lly March, l2t the former figure hn.l hen rd'io,.J to 12 SSO. and ths latmr tn until Duim B7U I Mav 1021 there vv.i a sllsht d'Hreieo i-oin ..,- line .vrarcn ngures tne rport for Msv sh' rii'a 37 37 37 37 3il 30 60 i. S 1'ran Series A 1 W 10 City Zurich 8s 2 . 00 1 . . 100 2 . 100 2 100 CI d fin Chi A Ml. gru 4s 1 00 Cl'd Cln Chi 4 Ht I.ouls 0s 1 . . 88 1. .80 6. . 88 2 .. 80 Colo & 4 .. 76 Cons'd Uas 7i 3 101 3 . . 101 3.. . 101 2 . 101 1 101 Cuban A " 8" n nn l . . on Cuban C M cv 1 73 Is C T III) 4 4 73 2 73 Kelly .HprliiK'O Tire Co 8s 12 3 Police Keep Throngs Near Shipyard Moving Disorder Slight Chester. Pa.. Aug 11 The threat ened disorder nt the Merchant Ship building Company failed yestcrdny. The ununited siiiiid of citv polite, aided by nil members of the truffle sipind, pa t tolled West Trout street .tnd dispersed all groups. Humors were heurd every when' ilnriiig i In' iimitiing that the G00 stillci't'H would "pull the winl" at noon, mainlv through intimidation The strikers were incensed when 200 shiplittei's. after holding u special ses slop, decided in accept the companv'a new rate of prices for labor. Strict watch has been kept upon the action of the strikers, and Chief of Police Dear enport promises drastic methods If tlg. older arises. One foreman erector and three sbjpihters were beaten, but not seriousl) . BURNS KILL AGED WOMAN Mrs. Anna llendrick, eight years 'hi. of l'.llil Last II nrold street, tiled in Inff .in ni.rnrn nt 1 I UiV lKil.ia.!nl.l,. ...1 Itendimt cois on foreign lines and 11 sua 'the Kpiscnpul IloNpitlll lust flight from si'it'em car" "n th'- Pn,'"1,'1"hu An'1 eaJ"if t.urns received when her clothes caught line while she wns cleaning a gas stove , ... , I In her home udusdwaniid cdrninys Oil 113 03 03 M3 03 l3 01 V 2 111 M I. H l'rsn Series II 1 74 st l. Sow n on 03 st 1. Sow ii 3s 3 1)7 St PI A Slous Cliy 7s Neve ork, Auc 11 The report of the Delaware 1ackawannu and Western Hail roud fi Hi" live m .runs ended May 31. 1VJ1 as submitted to the New Yoik Stock i: change shows net Income after charges fm Interest nnd rentals for lej.eu msifs .11 L iimiouii.iii iv. n ii, t ..io. eouai vu fo I. S "! share on the 184 344.000 (J30 par) stock as Kent y Ctl 4s 6 71 K llelclum lis 3 04 1 . PI K Delir-m 7s 8 2 3 20 1 8 3 . . 0 0 A t B Q t 03 1)3 08 03 03 02 63 83 ea 4HO Paulo of llraill ct 8s 1 (18 1 . DS 1 08 Sclota Val A N tn'd 4 s 1 ..70 Seab'd A I. a) 2 28 2 . 28 Seab d A I. fd 1 40 0s Is KolK'in rcir'Vu"r . ' t H'W(I Ql I 2 . no Sinclair C Oil Corp'n 7a 101 101 10t 101 101 10t 101 a vV'd A I 101 .. ' ...Vi 100 . nn 101) 100 loou , 100 t I. s, , , , 82 m AVAILABLE "Man under 40, with trneral and runt iircountlns exiwrlenre In Indus- trim una imune serv reiently Increased bv the 100 ner cent inrl dividend Thn Lotckawarma x operitln revenues for ths tlVB tminths totaled 3ll)tt241 fritni wnicn .u. o.i'. non was uenuiivii for operat Inn expenses leaving net revenue from rail way operations of 14,078.384. and a balance after tuxes of I3 '0 33.' The addition of SI 83S.773 Iruoine jji misrellsneous "per atlons brouxht the xrosi, operating income to 7 415 107 Adjustments for equipment hire and the add tlnn of non-opeuiilny: Inrnrrin resu.ted in gross income from all sources totaling tll.ss7.032. After totul dedMctlona of 12 713.71)4, the principal Item of which was t2.440.168 for rents for leased roads tlm not income for the five months amounted to JS . 071,238 Appropriation!, of 12.111 OJ7 fr dividends and II 134,133 for Investment In phisloal property Isft an Income balatrcs of t5.4.'0,IJ0G for transference to profit mid loss. U. S. Certificates and Treasury Notes Int Meturln who knows labor lions, law and flnanrei unuMiruKe or nuumsni ervlte turpormtlons, nnu onice orsauua- has some also tltl rerterul rk Stole tax procedure) engineering! fniulllar with ana .evv ork Ktnte tax procedure! last regnlnr sulur.T, SlO.OOOi at present doing special woek. bns desires iwrnmnrnt runiirctloii aa t'onirollrr, Trrssurrr or similar position with tilgh-clias eorpora tlun, for Interview, addrrss II.2XS, I.evlger tlttlre." WE WILL BUY Phlladell'lila ltilpld Transit Co. Vinerlcan (uih t ompanr Hate ll.i te t3 Sept 1021 td Hopt leji . Oct 10J1 3i Oci 1021 t'll Dt-t lli.'l 3 IVb IHJ2 t3S Mar 111.".' I , Hl'l Vsktil Vie d I 10 ino 8 32 4 30 ! ion 1 !.' I till 3-32 4 40 100 1 -III 100 3-1H4.&0 100 ion 7 3;. 4 mi i""-w lllll 4 i 0'a int fa tafia Kniolre (Cis A Furl ('omiM.nr . A'm laia Cunndlaii Northern 1I. l'.qulp. 6's lMi-M Springfield Water Co. Tons, S'a ISM Hyrncuse Light & Power Company S'a Itsi Samuel K. Phillips & Compiir Members Pliiladelphia Nloek Kichange 307 CIIRSTNUT NTIIKET . ivb iiux looiinioiin son IMS V." Vir,- " -" i T 10 n.t.S t3 Mar 1H22 .IIH) HKi ML' t5'4 June 1022 100 1 III 100 B.ls .) Aug,, 1822 100 1 10 100 B.ij t'BH June. 1034 .... 100H 100U t.ii Easmpt front normal Federal Inoema tax. 1 on data of maturity. tAoceptabls for payment of Inoomi :ax due I'ortlnnd Ry. Lt. & l'wr. Com. Standard Gas & Elec. Pfd. American Pow. & Lt, Com. Central Aguirre Sugar BAUER. STARR ft CO. Uu4 Till Bolldutg, rhUa4slW XltVacf Private Ttttphettm i 1 fl i v 1 w jm . ,vf I I ;" ll I '51 w S. -1 Mi .1 f! X . rA&'tt. If vi w. ti&id!UrJMv-1K-. v, . A 'v.. .JVrtl. .'A S. '., t',j.i,4 ;. m..v mv I ''.i,!''"' - ..'
Significant historical Pennsylvania newspapers