sl tfif'A' '" W kwsi?. ,- W&r h r ,' nt ( ,f.A c EVENING PUBLIC iLEDGER-PHIlJADELPHlA, HtJRBDAY, AtJGUST 18, 1921 km "", jVl ftf t ' i ' ,, V fetsaJ-ifc .iKt I a war fffl prviw. k'ft, ' y ifc-iMli v ' M" rr -ff I ff 'j tfll f rr i - ? f f. Ui It City of Bethlehem Water Work. A Bond Duo January, 1026 Price 97 M and Interest To yield about 8.20 Minneapolis, St. Paul & Saulto Ste. Marie 6 Equip. Duo March, 193S Prico 101 and Interest To yield about 6.40 Cleveland Electric 111. Co. 7 Deb. Bonds Duo August, 1941 Price 95 and Intereit To yield about 7.50 Ohio Power Company lit & Ref. 7 Bond Dua January, 1951 Price 93 and Interest To yield about 7.00 Elkins, Morris & Co. Land Title Bldfc., Phila. Memtwrs New Vork . Phil. Stock Exehnges SAME IRREGULAR TRADERS' MARKET . ,: ? u 1 wtri- wiiiw raw TjTnitSC2wJ I'foMfTaHSVttr lilIIWU S ran aiiwiwiiti'': H We and own offer $20,000 Philippine Government Non-callable 52, due 1941 Exempt from Federal In come T.ixcs and all State anil Municipal Taxes. Price 98'i To net about 5.62 BATTLES & CO. loMnfciI 1550 Independent r S.iuurc (Hasti iruniiBraraiWiinJiniciiriMHiiisiKiiriiiB'n'i'annitiniiiirBi'EiiiiAJK'in'P Ronowod Pressure In Many In dustrials After the Higher Opening New York. Aug. IS. Professionalism and Irregularity were the outatnndlnR feature f today's stock market. Yes terday's late rally was retimed at the opening, but the further demands of tho shorts were quickly satisfied. On the other hand, in numerous parts of the Industrial list stocks were freely supplied on the advances. Yet. alto gether, the tone of the market win considerably improved over that of the recent sessions. Once more the rails were the chief backbone of the list and the strength of that group came from the more hopeful view taken regarding the pros pects of the passage of the relief mens urc before Congress adjourns for the summer recess. Some few of the re cent hard-pressed specialties also dis played strength. Offsetting this, how ever, was the recurrent heavincs in r.everal of the tobacco Issues nnd the motor group. Itenewed pressure also developed In General Klectric. Har vester, Industrial Alcohol and National Knamellng. The Inability of the market to con tinue or maintain the recovery ctieptir need fresh rnidinc tnrtles on tlm nnrt of the bear faction. It Is a miction. however, whether the pressure did not really emanate from practlcnlly the same sources which have been conduct ing the well-dlsgulsed liquidating move ment. The reaction following the open ing advance nt nny rate was helped nlong by reason of the failure of the predicted reduction in the redKcount rate to materialize. Retention of the (i per cent cull money rate was another factor helpful to the bcarlMi opera tions. Indirectly contributing to keep the list unsettled wis the action of the New York Air Hrake directors yester day in declaring the quarter'y dividend payable In scrip, nnd also b the ex portation of the I'nited States Indus trial Alcohol bonrd passing the divi dend on that stock this afternoon With the wavering tendency whichc developed after the initinl Improvement there was almost a constant diminish ing of dealings, with the greater part of the list coming virtuulb to a Mniid still by midday. In the meantime re- cehxionH from a point to ov-r three points were registered by American Su matra Tobacco, Studcbnkcr, Genera! Asphalt, Industrial Alcohol, Interna tional Harvester, (ieneral Klectric. Mexican Petrol'uni. Pan American IV trolcum "B". Tobacco Products, I'nited States Uubber. Chandler .Motor nnd Cuban Cane Sugar common and pleferred. LITTLE CHANGE IN THE LOCAL MARKET Several Houses to Shut Shop Because of Pro longed Dull Spell Up Stabilized Investments The Pennsylvania - Ohio Power & Light Co. orjerates in' Jt. wns 'l10 ninp dullness in the local .. ,- " . , . , ,. i mnrnet and price variations werencain the Youngstown industrial dis-, contined within fractional limit. m. trict north of Pittsburgh, its interest undoubtedly was attnehed to territorv sorvintr nn nren nf ih reports concerning tlm nffairs of about 600 square miles with a population of over 300.000. Its gross business has more than doubled since 1916. We offer this Company's Mortgage 7'2 Gold Bonds, due 1941, at a price to yield NEW YORK STOCK EXCHANGE TRANSACTIONS Biles In I IIlRh t.ow too .. Advance Itumoly .... 13yi 1SJ4 100 ft Advance numely pf... 3d 3B 100 4 Air Reduction 31 31 109 4 Allied Chom & Dyo... 354 3li sOO -.. Am Agrlo Chcm 30K 30 700 .. Am Can 3 "H J00 12 Am Car A Fdy 123 1" 300 .. Am Chicle " ,, 00 .. Am Hide & Leather.. 10 Vt 10 Y .100 .. Am Hide & Leather pf 4fi 300 .. Am Internet Corp.... 29K H 330 .. Am Linseed 31 Vi "00 o Am Locomotive S4"2 H3J4 ?10 .. Am Safety nnior 3?i 100 ..Am Ship Com "' ol' 100 .. Am Smelt & Kef 31 A 3'4 1C0 3 Am Steel Foundries.. 2314 13V4 I?l "On Am Sugar Ref 3Ka 1000 a Am Sumatra iVt 43i2 "0 o Am Tel Tel 10H 1014 100 12 Am Tobacco 130 120 12000 7 Am Woolen ORJi J?i 200 .. Am Writing Paper pf. 33 31M 100 . . Am Zinc Load & Smlt 8 8 100 .. Anaconda Copper ... 3l?4 3H 700 .. Ann Arbor tl 11 100 a Asso Oil 08 08 200 o Atch Top A Santa Ke. 8l?i 84J 100 B Atch Top & S V Vt... 80J4 bOU 100 .. Atlantic Pet H " 7C00 7 n.-iMwin Locoinotlvo . 78 :3M "0 .. Baltimore & Ohio 37 H 3714 100 4 Uultlmoro & Ohio pf. 51 1000 a Rethlchem Steel 11 H 4SH 100 .. Booth Plnherlca . . 3H 3 100 10 Burns Dros S?t 200 .. Butterlck 31 20 100 .. Caddo Central O & It. 10 10 100 o California Packing .. !0n 004 1100 .. California Petroleum . 33'i 32'j 300 7 California Tctrol pf . 73 71 U 200 j Calumet &. Arizona... 45',i 4S; 100 10 Cnnadlun Pncltlc 113 113 800 .. Central Leather 27 ',4 27 700 .. Central Leather pf... 0U 00 " 1800 fl Chandler Motom .... 3i,i 100 . Chesapeake & Ohio... 83 M f3 100 . . Chicago & at West... !Je 7r, 200 .. Chl Mil & St P 20 -?3 ooo ,. chl Mil & st p pf noji SOU 1C01 .. Chl R I & Pac 31 Ji 31U 109 .. Chile Copper ?n 0"u 100 .. Chlno Copper 21 A '!l"i 10J .. Cluett I'eabody 41 14 !' 1000 .. Cocn-Cola 3J?i n':"2 toil .. Color.vlo & Southern. SOU 3fl'i ino o Colum Qas & Klec... 83 li 83i2 800 . . Columbia Oraphla.... 3? 3'3 100 .. Col Oraphophono pf . . H'i H'i 100 .. Consolidated Pis Ins.. 8 8 800 7 Consolidated Gas .... 84 Ji "4J4 10(1 7 Continental Can 40 30 800 . . Continental Candy ... H H 1400 B Corn Products Hef. ... 0S9i G8U 100 7 Corn Products Ref pf.l01'4 lOHj 3100 4 Crucible Steel 84 13 8700 2.80 Cosden & Co 38', 24 100 Cu.ian Am Sugar 13Vi 33'i 5100 .. Cuba Cnno SUFr 0 H 8800 .. Cuba Cane Sugnr pf. 22'i 16's inn o Delaware & Hudson .100! 110H 100 .. Denver & Rio Or pf.. Hi l'i 000 i Dom Mints 10H lfl 10C a Cndlcott-Johnson .... 8s!i ,s 100 .. nrlo is .,:i 100 .. Brie 1st pf 1! , 9 , 2100 ft Famous Players L 80 . a'i X00 4 Federal Mln & Smlt Df 3H4 -'e 100 10 Floher Body 7 S7 1000 .. Klsk Rubber ? D3 10000 .. General Asphalt .... 4394 42 54 0700 8 General Electric 113 li 1'0 3000 l Gen Motors 10 oTa 300 7 Gen Motors deb 7 To.. 70 70 1100 7 Great Northern pf.... 74H 73?u 100 .. Gulf Mobile & Nor .. 7(i 1'i lni) .. Houston Oil 47 47 200 l Hupp Motorcar l"li JO' 200 00 Inrtlahoma Ref 3?4 ;?i 100 .. Inspiration Con Cop.. 30H 30 100 .. Internal Agrlcul OJi OJi 3100 7 Int Harvester new.. . . 71 r.08 400 o lnt Mer Marine pf 41 4 100 .. International Nickel . 13J0 l.g 1S30 .. International Paper .. 43 fifr 1100 .. Invincible Oil Corp... l's h 200 .. Island Oil 351 2?, Pennsylvania State Tax Refunded Circulars on application. .HARPER &TURNER Investment Bankers lfemtirrj of PlillatMpMa S'nele rrchangi Stock Exchange Building Berantoi Philadelphia I-en-ims Spruce S200 tf- - l HAVERFORD TOWNSHIP 54 SEWER BONDS Dntrd Auk. 1,21 Due Auk. 1. '81 Frer of Pennn. State Tix and Federnl Income Tin, Iledeeiniilile nt pnr nftrr Feb. I, 1923 Price 100 and Interest scwrul holies. One prominent Pitts burgh firm, it was understood, planned to close the local oflico on October 1. Another, it is stilted, contemplate going out of business nt ;wi curly dnte. The action in botli liiMiincc w'-hk in fluenced bv the falling of business nn ' the one hand, and heuvv nvprhe.nd charges on the other. There wns also considerable discussion of the reported nation taken by several members of the Philadelphia Stock Kxchnngo against the Chandler firm, regarding trans, actions made several days prior to the suspension. Passing of the October interest on the Lake Superior income bonds wns responsible for the moderate liquidation of that stock, which jielded to 7. Pennsylvania Haiti ond continued one of the firmest spots, making n small fractlonnl gnin. General Asphalt nil-U'-d iieinly n point in snnnnthv with the recover? of tlint stock in the New York market. Philadelphia Klectric .ssues continued linn, while U. ;. I. on small traiis.ictli.ns added to .1.1',. losing half of the gnin made in the !ate trading jestciday. Philadelphia Stocks i.i.i r. m. .SF.CfHITIES DKrAKTMKNT Commercial Trust Company Member Tederal Krsene System City Hall Square, West ."Ol. , .li fiOii ViVi n -H, 74j 42 Tn 7 Rl 7i-r- ou. - 22-v; 20-1, . . .101.'. , , .1.1V,- Net Cher, 104 Am Strs. ,r7 .ri7- lOOIIJald Loc 74'w 74. X2r, Gen Asp. 4.1 " 42Ti 000 Lake Sup 7 7 100 I.eh Vnl. .",1 noa-j 20 Pa n It. .17'" I'm" 14 Ph In W. r.m,. .110 Phil Klec 22"j 2-10 do pret. 2II: flO I'n Trnc. .10' . 100 I' CI.. .Liu '.-sit cnanee mado By comrarlnnn ii, )ant ai on New York Stock Exchsnir" rniuj)EU'iii.v nnxus S.1000 Klec & Peop 4s 50 1000 I'enna 0,s DfH, .".00 Phila Klectric 1st fis sm - B raw: V Investments Baker, Ayhng & Young JObtl'II W. MWAIN, Jr., Manuicr Land Title Bldg. Ooitnn Philodelpha LOCAL MINING STOCKS TONOPAH STOCKS 'x1! Dov o .Urn Ilutler o; MseNnmari is 'Tecent rut M"'MHS' . tl Mlirah Kxt n? Montann oa North Si- -, riecue Kula i't Tnnopah V.xi . . . 1 .'. W.ut Etvl 77 West Tonopah ... n-.' DIVIDE STOCKS Allied niiide Alto Divide .on vj .01 .01 .0 Delcher elehr Ext . 'Hen Hur Prouati Divide nn ! Dlvlda Ext is DIv Irtis Con 02 Dlvlilen'l ni Kant Divide i'.. Harmlll i Ilashrni-ek DMdo fij High imlde n. , Knox . . it I fievert ljlde . a; I nno IHMe , m llufti'ta ,oj Silver Klnc lit Huth-rUnrt ... 14 Tn.ipih Wilde . n! Tonopah HnHhrouek o , Victory Dli Ida . . . .01 1 Vnrdo Dlllde 0.' '.oni . u OOL.DFIELD STOCKS eai.eiarR$eQL DANKUUti Dealers in Investment Securities .tfrtnDtr ATeia York and PMtailtlvMa Btvtk Ktchuntm 1X1 Cfaettnut St., Philadelphia Ilooth Coml Fraction . . . I'rackerjaek Dlumondlleli? Illua I'lorenrn OoklfliM Con OoM Development . OolrtflsM Deep ,. C.reat liend . . . . .lumlo Et Kewanaa I.one Star Oro , Put HIU Silver Plrk ... . Spearhead . Dull. .03 .na .01 .as .on .01 .ni .02 .03 .OJ .0J It 02 Amparo . . . Caledonia . Eden . ... Knunn Siller Eureka Croenua . . . Eureka Holly . . Heela I Mother Lode ..... (Nevada Hill uYada Wonder . . r M Mining .... MISCELLANEOUS 1 10 OS .10 02 .2U 5. .18 ,02 07 A.k no nvi 17 ns n (' 07 "7 ..1 U S2 01 Ol OJ .02 0.1 Oll'i .OS .no 0.1 i. -j in ii 'i i i.i "i n:i H2 111 02 24 70 "1 1 12 u.l 12 '14 .O0' H4 H2 II OS .1)2 .02 .03 .0.1 .CM .04 IMI'J lVl 13 03 1 an 12 2o .03 31 .01VJ L ,22 l03 1:30 Net r. r. ciute. 13J4 Ji 30 ni 4- 3814 30 4 28 4 131 Va -11 -101.-4S 4-2911- 31H4 8114 4- 4 4- t, 34 4- 23'4- 03 - 43'4 - 10'4- 120 4- OHJar H 4 3414 4- 11 OS 4 845 SO i4 111A 13 37 H 4 SI 4R--3'6 4- r.34- 2fitf? 10 '4 73 4-4514-113 27 -00 -43U- K f 'i- or8 31 'S 1 4 30lj 4314 3i f ll',4 .1 H4J4 40 M um- lOPi 2i H -J.HJ r STi- 30Vj-1001i- Hi 10a 4S n 10 4 0j t 21 Kj- 87 43H-111',-10 70 73- 7'jf 17 4 10 14 3Ji4 30 - 054 4 70 H 41 13J4 43 ' 2?4 1 14 14 y in H H 1 14 14 1 14 W V H 3 14 1 Vt "A 14 M H U "l4 " 14 V i Ua 1 W 14 14 1 114 !4 lii i.i '4 V2 14 14 14 2U 14 ii l is l Sates In Hlsh S0O ., Jewel Tea "H 00 ..Jewel Tea pf 3 100 .. Kanrnn City Southern 2414 100 4 Kansas City So pf.... 4094 1100 4 Kclly-Sprlngneld Tiro. 3814 1 00 .. Kennecott Copper ... If 14 100 . , Lackawanna Steel ... 38 200 8.60 Lehigh Valley 81 200 ,, ljewo Co 11 100 .. Mnlllnson & Co 11 22000 12 Mexican Petroleum .. 84 Ji 100 3 Miami Copper 30 fiOO l.oo Middle States Corp.... It 300 .. Mldvnlo Steel 2394 000 .. Minn & st Louis It 300 . . Mo Kan & Texas pf . . . 3 14 100 .. Mlssoulr raclflo 1014 100 i Mo pacific Tf 38 100 .. National Acme 1414 100 7 N'ntlonal Biscuit 113 1200 7 N'nt Ennm & Stain 4314 100 4 National Lend 71 14 400 .. Ncv Con Copper 0J4 100 n N V Air Ilrake 4014 100 2.80 New York Cock 2814 100 .. New York N II & H.. 10J 100 i New York Ont & W. . . 18 100 b North American 00 1000 7 Northorn Pacific 76 1300 . . Okla Prod & Itof 1J4 1000 s Orpheum Circuit 18 J4 200 .. otls Steel 094 B00 .. rnclfic Oil 3514 3S30 a ran-Amer Petrol .... 4394 1000 ran-Amer II 30 J4 000 2 Pennsylvania It It.... 3714 1100 .. Penn Seaboard Steel.. 714 300 .. pcre Marquette 19 100 . . Pero Marquette pf 3S 000 .. Phillips Pet 1714 3200 . , Plerce-Arrow Motor . . 1H 000 .. Plerce-Arrow Mot pf. 2J4 100 s Pitts Coal 4 100 .. Pressed Steel Car 4594 000 a Pullman S3Ji 1200 .. punta Alegre Sugar. . . 2714 700 4 Pure OH 2 700 8 Railway Steel Spring. 73 100 .. Hay Con Copper 13 14 1400 4 Reading 07 4 100 7 Repub Iron & Steel Df. 84 1.100 6.20 Royal Dutch Amor... 4814 300 .. st Louis San Fran pf. 3014 2000 .. Sears-Roebuck 0314 1C0 . . Sluittuck Arlzonn Corp 014 100 .74 Shell Transport 33J4 3100 .. SlnclalrOll 17M 1300 o Southern Pacific 77 H 200 .. Southern Rail 1094 100 . Southern Railway pf. 4414 300 4 Standard Oil of Cal... 71 100 a Standard Oil of N J..13S S00 7 Stand Oil of N J pf..l08 100 . . Strombcrg Carb 2S 21000 7 Studebaker pf 72 U 303 l Submarine Hoat Corp. tH 200 . . Superior Oil Corp 4 100 . . Temtor Corn & V "A" 3100 3 Texas Co 33 Ji 100 .. Texas & Pacific 23JJ 103 l Texas & Pac c & O.. 17J4 1100 (1 Tobacco Products ... 58 200 7 Tobacco Products pf . SI 3C0 .. Trans Con Oil 7 200 .. Union Oil 17 1700 10 I'nlon Pacific 110?$ 400 4 Tnlon Pacific pf 60 103, .. United Alloy Steel... 23 200 s United Drug 6.H4 200 3. .10 United Drug 1st pf... 40 800 a United 1'Yult 10234, 000 a United Retail Stbres. . .11 3J0 ..Us Food Products.. 10 i 1700 .. U S Ind Alcohol 40 1530 ..US Rubber 48J4 100 BUS Rubber 1st pf.... M1J4 4100 8 U S Steel 74J 100 7 U S Steel pf 100JJ 1200 2 Utah Copper 45(4 390 .. Vlvndou lnc tiJ4 100 . . Wnbash 7 H 100 .. "Wabash pf A 21 200 7 Westlnghouso A Brake st,Ji S00 4 "Westlnghouso li & M. . 43;4 100 4 IVhlto Motor 32Jg 10000 .. White Oil Corp 7!i 500 .. Willys-Overland G2 100 .2,1 Wright Aero 84 Low 10J4 33 241, 4994 31 Ji 1814 38 51 H14 li 0314 20 10 Ji 3314 10 Ji 3J4 1014 38 1414 113 30 H 71"4 0J4 4014 3814 1014 18 00 73 U 1J4 18 o4 314 4094 35 "4 3714 714 18 J4 3H 17 13 Ji 28 Ji 81 6394 91Ji 3614 3494 7114 1214 06 rj 81 4S4 30 03 04 33 14 17 U 7BJi 10 H 4414 .1 13.1 107 Ji 014 4'4 3 3', 8 ?3!'4 23 J, 17 Ji S7 84 (14 17 110 li 23 88 301j 101 Ji 5014 tO'i 4414 4714 to 14 73 Jo 100J4 44 li GH 71 21 88 J4 13 32 Ji 714 H SO ONS 1:80 Net p. M1. Chire. 10 J4- It 33 4- 94 24J4- H 4994 14 38 18J4 4- 14 38 41 - 14 11J4 11 - ., 03 Ji- H 20 io Ji- 14 2314 ... 10 ji- 14 SJi-f Ji 1914 4- 14 38 1414 4- 14 113 - 1 40 - 3J 71J4- M OH- 14 4914 4- 2 2814- H 16144- 14 is r V 60 - 14 78 4- 14 Ui .. 18 - 114 0 .. 3514 1- H 43 4 14 3814- 114 37 14 714- 14 10 r Ji 39 17 U 1314- li 28J4 f- 14 84 - Ji 45944- 94 OIJi- 1 2014- 94 25 73 4- !i 12144- 14 6714 4- Ji 84 4-114 48 W- 'A 30 - li 6394- Ji Oli .. 3314- 14 17(4- 94 7714 4- li 10 Ji- li 4414- 14 71 4- 94 135 - 1 107 Ji- 14 28-14 7014- 194 4's-r li 4 Ji 5 - 214 33 "4- 14 23Jj4- 17 Ji .. 57 Ji- Ji 81 6Ji- li 17 , HOli .. 05'4 - Ja 2.1 55 - H CO 14 4- 3i , 103 - J4 soli- '4 1094 4- 14 4514 4- U 18 - Ji so ',4 4- J4 74 J4- (4 109 4 Ji 45 - J4 K4- h 7Ji .. 21 4- Ja HS14 - 114 42 32J4 Ji 714- 14 H- li 84 - U Commodity Markets staiteil GRAIN MARKET Chicago. Aug. IS. Wheat for September : W lower for 1i ember. ight with .selling by locnls Offeiings weie taken by houses nnd the loss sus- quickly recovered. New saws l.V) loads were worked for RAILROAD EARNINGS rAVAlitvv piririi- imr.U'iv l'.i21 Inrrenpw Secord neek Aueunt .13 74! 0U0 J2liS m.o Jan. i-AUE 14 .. lfil.li.lti lino M0. ISu.UUU SlU'THEHN RAILWAY Financial Briefs CURB TURNS DULL AFTER FAIR START Early Interest Centered in Mining Group Oils Suffer Setback New l'orh, Aug, 18. Speculation In the early dealings on the Curb exchange today developed fair activity with the general undertone firm, although price changes for the most pnrt were of small proportion. Before midday, dullness ngnln set In with only omall price changes thereafter, with the exception of one or two of the high-priced Issues. Interest for the lnrger part of the ses sion, however, continued centered in the mining group. In tho oIIr. Cities' Service common, lifter a slight setback, developed strength, moving up n point, while tho preferred stock was down n point on small dealings. Skelly oil developed n decidedly firmer tone on incrcnBCd ac tivity .Standard Oil of Indiana, after n small recession, moved up l'fc points while Ohio Oil eased off about ?,. In ternational Petroleum was unchanged, Mnraoaibo was unchanged nnd nbout steady, and Omnr Oil nnd Ons remained firm nt nround" Us high figure of the Inst few days. In the lower-priced issues, only small fluctuations were shown.. Farrcll Conl was under better sup port nt the outset, moving up a point, but later losing all the advance on real izing. I'nited Retnll Candy, nfter n show of llnnness, reacted. Sweets Com pany of America, United States Ship and I'nited States Steamship were com paratively quiet. Arkansas Natural (ins continued heavy nt n further slight recession. Olen Aldcn Coal was some what irregular on small turnover. Mining stocks were somewhat less nctlve with interest continued centered In Boston nnd Montana, which fluctuated at n runge of about four cents. Eureka Croesus wns also active, but somewhat irregular. INnrSTRIALS HI h unchanged changed to Trade was at the btnrt commission tallied wns York i (Line Knst and Went) ll'l 1111- first ueeit Aucuki . 13 114. nil. Mexican Petroleum for tho elx month ,,,.1.-.. junr ov rer'Tia eninows equal to 117 la nuro on tnc fl.l.ouo.uoo comnwn atcck. vxpott niter 1 o'clock yesterday. Corn opened unchanged. V" higher for September nnd unchanged Decem ber Trade was light with scattered buying nnd n little hedging b.v receiv ing house-. Oi.l- opened unchanged, with com mis. ii. n ,ois( inilcrs in the unrkrt nrt i,i, d tl i- previous close. COTTON MARKET New York. Aug. Is. Although trifl ing was nnrrow. first prices in the cot ton market weie 4 to 0 points higher, chiefly due to steadier cables nnd buy ing for Wnll street and trade account. Subsequently, nbout all the improve ment was lost under local and Southern sl3.r,ii j.im i-Aur. . ini.niis.sai mm si ST LOUIS SUUTIIWESTLIIN l'lrst week Vuku.iI $4 CI. .1.10 MI32 iii)3 MOIlILi: AND OHIO First week Aukumi M3n.7H7 M10.r,r,9 Jan. l-Au "... . lli.bUS.snu .12S.I111 'Un. reuse silii ' i T.lm a'rare price of the twenty active In aon , duel ml stocks ailvnnred ,S2 per cent voster- " uu.u. wnnn me twenty ra roadn uU innce.J! II ),er cent to 71 7.1 POLICE FOR EIGHT-HOUR DAY Reading Convention Also Auks Pen sions for Bluecoata Heading. Pa., Aug. 1. Knch State in which n lodge has been organized ni'i-t be represented on the Hoard of tun Tnjsters nnd no oflii er shall be elected for a term of nunc than one venr. ac cording to nn nnieiiiiment to the con stitution of the riatcinnl Order of Police, inlopted nt the convention mjs- nircolnrs of the New York A1r Broke Comrnny declared a quarterly dividend of l' rrr cent, pasable In I) rer cent scrip, b i iipiw mature on or before Scptem- The New York neaerve Hunk Brmounced the withdrawal of 417.uOO.O0O of United KS'n11.?!'!"' P ,ake efIect today, making fi.MHiO.OOO for tho week and reducing such deposits In New York ('Icorlne Houso uanks to approximately $70,000,000. hiou here yesterday. The police went on record ns sup. porting nn eigiit-iiour uny lor blue- coats, uniform civil service laws and HI .'UUIIinii . .. , r.lT.r,,. ... . -, !. .-.1 - .!. v.i,a.u.n .. .... .-.., . -. Be nc am values, in inc tim oi .!,, ni.i r n, ,.. first fifteen minutes, were n shade un der the previous close. The decline uncovered Hop-orders just under the bottom price of Monday, values dropping int" new low ground for tho movement. Further Iiiiiidntinu npKiired to be expected, but aftei th. execution of the stop-orders on n break to 13 lie for December tho list steadied Ii or 4 points The undertone, liow -ever, remained unsettled. The market at Liverpool wns weaker KecelpU nt the ports for the day nre estimated nt flOOO bales, ngniiist lft.l.'i'J bales n week ago, 530S bales a jenr ago and fl."33 bales two years ngo. Yeiit. Today's 1 close nnen P M 12 7R LI si 12 sn 18 Ul 13 21 13 J'l 1.4.22 13 2T 13 JS 13.11 13 17 . .. officers, Delegates were told of the work in the Legisla tures of Pennsjlianla nnd Ohio during i the last term. The passage of a law in Pennsylvania making it compulsory for cities of the third clnss to maintain pension funds for tho police wns ills filled. This law will iflei t the bud get In cities of this class next jcar. hi Ohio the organization fom;ht for the passage of n uniform eight -hour law for the policemen. The law failed. but may again he trcsentuil nt the next session. A Pfdal meetlnit of the stnckhold'jra of the Lnlled Itetall fandi Stores. Inc.. has been railed for September 8 in Wllmlna. Del . tO lOte ell tho nln ,. rntlr. lflO.UOU snares uf 11 .! ' . nmtnnn .InL- pruvliled that it i.ir; be acquired nt urounif J3 a ahate. rarllsle Tire Charcoal nref Columbia Enrorald 01 fi Com Finance K0 B Farrell Coal HH OIn Alder; Coal 31 "I S Heyden Chem l' National Motors North Amer Paper ... 4S Packard prof Cn'i C Toh Prod Exp .1 U f! I. ft It . .1 t' S Ship Corp . 20 : t'nlted Profit r!hr1n2 3i Willys Corn 4,1 4 HTAMMRD )1I. Anglo-Amer Oil . . . . 18't 1 flhlo OI 24 21 National Transit . 2n ! Stand OH of Ind . . WIS li INDKriCNDRNT OILS Arkansas Nat Oas '.i Ilonne Oil IS 1 Ilostnn Wiomlrur on t Carlli Snd 3' cities Serilce (old) .. . 112ji 11 Cities Service "II" ctfs.. 124 1 Cities Service pref 44 4 Cushlnit Tet 13 1 Hudson Oil 14 1 I.lvltiRiton 1' Lorw Star Gas S Mexico Oil 00 0 National Oil 4 Omar Oil 1U Pennok Oil 4 lle1 Rock Oil 2S S Salt Creek Prod Sapulpa Ref Slmms I'et Skelly Oil Texon Woodburn MINING Alaska Mines noeton ft Montana Caledonia Mlntnc i:i Salvador Kureka Croesm Onldneld Florence Harmlll Dlvld" Howe Sound Kerr Lake Knox Divide MacNamara Mother Ixide nw . . . Murrnv .Mob . . . National Tin Nevada Ophlr 2.; Nevada Sliver Horn .... 4 NlrlMhu 414 flay Hercules 24 Sliver Mines of America., jn Silver Hills of Nevada ... 13 Tonopah Cash Hoy n Tonopah Divide 0 Tonopah Extension 1A 110NDS Allied Packers 0s ........ JJ'i Allied Packers Bs ctfs... 48 a. t.i im ion, nfiu Anaconda fls SSH . ii i i 1.1'i 248 20 6S; Southern Itulhinv hmio.l lmproiment In Juno net operatlnc Income or the same month of 1020. June ml amounted to $1. ?2!'5' nK?l""t a ileflglt of J433.477 In June. 1020, an Increase of JL. 132,430. Net In June 1010. was J1.1..13II. but there was a deficit for that month uf J0S3.R08 lr 1018. iS?D",Aro.s" w 10 218.4S. which waa II, 598,778 less than that of June. 1020. Brooklyn City Railroad for the year ended JVni1i?.JSpor,a ami fter tRX """J chanes of o&u,noi. The stock Lfst Ciimmlttee 0f the local ai sMi fi'l '1 S 3'i 3N, 42 42 81 81 4 2 72 ui li t 18 IS 31 20 3S as 1.1 II 2H 2V si4 aid 10 in in i.i ,ii .i 40 40 m a2 Analo.Anver i's Armour Ts Con Nst llwv ci 7s Chl I'n Stat CVis . Cons Oas Ss Crpper Ilxport Ss 1124 . Copper l'xpoit 8s 102.1. Goodrich 7s . . . c.ulf nil 7s . . Humble Oil " Humble Oil is Interboro 7s Nat Clonk 8s N T N H ft H 4s.. IV. ncu .101 .101 . 100S . 100'i 102 . nn 07J . . t7 . n-I . . 70 . . a.vl nan 414 4.1 ns'; SSS loos nsy, 101 ' 101. 100. ion', 101 5n it n't 41 ns; SSI 101's )s l, 101j 101 10'lV, ion'. 101', nn. fiears-Iloebuck 7s 1022. .. 08S Southern Ily fls njH Stand Oil N T 1114 a 100 ...... vii 07' 074 t7'4 I7', !7lf 0711 mil '. 7fl' it Hsu 4 nss here, nf ,h. ,..-,.'..'"..'.'''". "" "" ncllori ; remeies I hi . stock from the unlisted department of the exchange .rcnrdln to rr-.nmln.irv tclecraphle ad il.es from the main office In Kansas City. Knin-iH Cltv Southern sh,,uld show July arosi laL,m"'ll .'-noo'o"00: ,0""""ni .xtSn.-Y"!? 2,1 "i..."'. . ml net afier laxei, but Crtober Lecml-r J nu.iri ilarch NEW YORK COFFEE MARKET New York, Aug. IS Ciider the de pressing influence of poor cnh'es from Brazil and an active renewal of Sep tember liquidation, the lornl coffee fu ture market sold off 1 to !l points on tho opening cnll this morning. There was .1 lnck of nnj sort of aggressive demnnd. (Ifferings of some rather cheap Vic toiln coffee in tho cost nnd freight mar ket have hnd a tendency to check nd vniices, and some of the recent selling of futures has hejn hedging ngniiist the purdioso of such coffee. At midday much of the forenoon business had been in tlie way of switches, with prices sag ging off slightly nnd tin; market heavy. Vest clono Open S-entembor II 117 II US (inotltl Decuniier 7 OS ff Oil iinnT(H ri t h i ii'll'iu rtH 3 I MR 7 ilU- 1ST 7.02 t 1)3 LIVESTOCK QUOTATIONS rittMmreh. Au 18 HOGS--Receipts Soon hen Ixiwer. neavies. in -jAtrii no heavy vorkers and lluht jorkera, Jlu 2jtP 10 r.o plea. finl 71 SHUKP AND LAMliS Receipts. U'lio head Steady. Top sheep, 1,1 28. top lambs, t'AI.VEB Receipts. 130 head Steady Top. U. F.at HufTnlo, N. "V., Aua. IS CATTI 17 receipts. 376 head. Slow. 2.1WB0C lower. "Slvii receipts. 200 head- 11 hluher. J.lirf n HOOS Receipts. 2SC0 hed. BOe Irwer H-aiy 1W7.1W10; mixed. $10 2310 B0, yorkers, $10 BOS 10 7B. light yorkeis, $10 2.1 tTin SO. pigs, 110, roughs. 7, stags, 4 zu'ip B H1inr:P AND LAMHS Recolnt; lono head I.amhs. 81o lower. Ijimbs. t51i 11 2.1 others unchanged BAR SILVER liar silver was Vid lower In London to day nt 3Bh d. Prices Firm on Paris Bourse rarln, Aug. 18. Prices wero firm on the Hoarse today. Three. Pr cent rontes, BOf. Exchange on Ixindon. 47f lsc. Five per cent loan. 81f 45c. The dollar was quoted at 12f 87C. CARPENTERS RE-ELECT POST Wllkes-Barre Man Heads State Council Ninth Time Wilkes-Barro. Pa., Aug. IS. Dan iel A. Post, of Wllkes-Barre, yesterday wns unanimously electid president for the ninth time of the Str.ie Council. 1 lilted Brotherhood of Carpenters nnd Joiners. Oi.'ier officers plueed in nom ination nnd who will be voted upon today ore: Vice presidents, first district, W. T. Allen, Philadelphia; second district, D. S. Werner, liar rlsburg; third dlbtriet, W. W. Wetner, Heading: fourth district, U. M. Wil l.nms, Wllkes-Barre; fifth ilistnct, Thomas Y. Klynn, Scrnnton ; sixth district, tieorge A. Wuenchel, Krlu ; seventh district, Noah P. Storm, Pittsburgh. t1r"i aftnt Fi.ntu nf l.-.. sj.n . . .. - uu '.-.'..iTi. . . .:. '-..V".iu.1 "".oio. It Is wuhik. '-"iiHiirii inai renis u .mminl perhaps less Using this to SUSPECT LOSES MEMORY Doctor Arrested for Oregon Murder Pleads Aphasia Portland, Ore., Aug. IS Dennis Kussell, a laborer, of Uniobiirg, Ore., wan Blnin while Dr. It. M. Brnmfield, Kosuburg dentist, arresied in Canada in connection with the crime, was suf fering from aphasia, according to n statement mode b.v the prisoner to Dis trict Attorney (leorge Neunor, of Hose, burg, yesterdny. District Attorney Neuner snid Dr. Brumfield asserted ho hnd ouly occa sional flushes of memory sinco Julv 10. three days before the car was found wrecked nnd burned, with the maimed body of Dennis Hussell beneath. Sewer Proposals Are Opened A number of proposals were opened by Director f'uven yesterday for tho lonstruf'tifui of broach sewers in Dcjo waro avenue between Snyder a venue nnd Blgler street, tho estimated cost nf which Is SlflO.OOO. Tho money for these operations will come out of an item of 8800,000 contained in tho inn. nlciiml loan of $33,000,000 for the widening, grading, paving and Improve ment of South Delaware avenue be- about 130.1100 s'l'V,"1. IU'SsS; T".1'? K.W? ..".uld he In ier Vhan June bv IS05.O0O "' "n'C" W" Bet' LONDON STOCK MARKET Rubber Group Weak Dollar De scriptions Easier; French Loans Dull Ixmdon, Aug. IS There was a bet ter tone to oil shares on the stock ex change today, following an ovcr-nlght hi oak, which was due to forced liquida tion from Olnsgow. Shell Transport and Trading was 4 0-10 and Mexican Kaglc -1'. Continued lack of stability In the raw articles wns responsible for fresh weakness in the rubher group. The Industrial deportment wns tpiiet nnd irregular. Hudson's Bay was O1!. Dollar descriptions were easier, moving with New York Exchange. Pro fessional bears In Argentlno rails were "caught" when new- advances were registered. Home rails were fenture less and showed u disposition to go lower. Following losses, gilt-edged invest ment ltsiies turned steadier. French loans wero dull on advices from Paris. Kaffirs were mnintuined, but were with out n leader. In the mnln, the markets were list less, with changes slight. MONEY-LENDING RATES NTOV YORK Money on call, both classes of collateral, opened today at 0 Per cent for lending and renewing riiiiwviFi.i.ruiA can n per cent, time fl per cent; commercial painr. three in .i months, n per cent. Nolo The.c are marelv nominal quota tions, the legal rate of Iry'erest In the Suite of PennsMvanla being fixed at 11 per cent Plus Premium and commission, time money per cent, vvhllo commercial paper, from .hi... .,. HlnA... a.. I-. t . ' ,iii. u ,'j ,iiiiit .i.jrj.. is innneii per cent Swift 7s 1031 Swift 7s 1S2S Texas Co 7a Vacuum 7s . . . western i.iec Ta Russian Ovij n . . . Russian ii 'jo Swiss II hi ... I7'i Ul 7H'. 7fl Pin D1 I1SH nss n.i. 11714 100'i 10OH 07'A 00H Jnl.. 100H 17 17 88 071, 8$ nu '.1 101 1001, 17 17 8S 11714 074 lift's 101 lftll 17 17 ss Tax Free , Pennsylvania Municipal Bonds Wo own and offer, subject to prior tale, limited amounts of the following bonds t Security Rate Due State of Pennsylvania 4 1934 State of Pennsylvania 5 1951 Allegheny County 4Vs 1939 City of Pittsburgh 4 1927 Lawrence County 4 1926 Luzerne County 4Vfc 1937 City of Reading 4 1929 State of Pennsylvania 4 1924 Borough of Uniontown 4 1928 Borough of Dunmorc 4 1928-1931 Borough of Bradford 4!2 1922-1923 Lackawanna County 4 1922 PRICES AND CIRCULARS ON REQUEST Bail, 4.85 4.87 5.00 5.00 5.00 5.C 70 5.00 5.25 5.25 5.J 70 6.00 6.00 Biddle & Henry 1 04 South Fifth Street The Information and stntlellca contained herein have been obtained from sources which we believe to be reliable. Standard Oil of N. J. American Tobacco Co. Endicott Johnson Corp. are strong, long established cor porations whose securities com mand attention. We discuss the first in our circular PL434, the second in PL433, the third in PL432. Please request copies by number. lter J. Schmidt &.Gq Members CbnmHdatod Stock Exchange oflfcvYbtK PHILADELPHIA 1323 Walnut Street ffcncviHeIt,Walnut4660i Jbyrtone,Raci40SV NEVYORKJ 30 Brood Street 1 319 fifth Avenue Service and Stability frnn. at 0 to ay, BANK CLEARINGS ,.r,c'cV'!!,(,".,.0,,.r.:?.mE?."'l win, cor ...,..., v(. a tr V nu rriirgj FOREIGN EXCHANGE New York. Aug. 18. There was a lirm lone to the foreign exchange mar ket at the opening today, with sterling up approximately '2 cents from ester day's close. Rates, in tho principal European centers were also fractional!) higher. Marks held steady at around 1.10. nnd the Scandinavians were also steady. Other quotations follow: Sterling cables a.CaVi. demand .1.0(1: franc cables 7.77, checks 7.7(1; Bel ginn cables 7.(ll,,i, checks 7.C0VJ ; Swiss cables 10.1)5. checks 10.02; lire cab'od 4.IW. checks 4..12Va ; peseta cables 12.0S, checks 12.00: guildc cables .11.10, checks 11.05; Stockholm cables 21.18. checks 21.1.1; f'hrlstionla cobles 11.0.', cheeks 11.00; Copenhagen cables lO.in. checks 10.10; marks 1 10. Central European exchanges were : Greek, .1.00; Rumanian, 1.23; Jlul. garian, .SS; Austrian, .12A; Poli-h. .048: Ozeeho.Slnvakian. 1.22; .lugo Slnvlon, .51)8; Hungarian, .20. The late of premium in Montreal to day on New York funds was 11 per cent. The rote, of discount in New ork on Canadian funds was 0 29-12 per cent. TKSTKnn.VT'H FINAL QUOTATIONS Sterling Kranca Mre GulMers . J as. 7.H7 4 an 3 sn TODAY'S OrKNINO QUOTATIONS atorllnor Trims Mrs fiullrters Uemsn'l S.d 7 7(1 4 jil ! J Cnblea . 3 HH 7.77 nrl ill. Jo Liverpool Cotton I.lTerpool, Autr IS A fnlr business was done In snot cotton loiay with pries easier on Ihe hasls nf a decline of 10 points for nilddlliiB at 8.41d The saleii wero fiOOO bales The receipts were 12,000 hales, Including- 11.800 bales American, l'uturea were quiet In the early dealings. Rpot prices were American, middling fair. 10 Old. good inld. dllng, :id. fully middling. b.Md: inldd , s 41d; low middling, 7.51d, good ordl iry 0.10.1. and ordlnarj, B Did """nary, Personal Attention is given to the wnnts of our depositors. Any mat ter that is of impor tance to them, is of in terest to us. Wo try to eliminate nil needless formality nnd "red tape." If you have a proposition to submit, you have direct nccess to our Officers, nnd aro assured of a prompt and decisive answer. Integrity Trust Company Fourth and Green Streeti Capttat ,....... Surplut and Profit . $500,000 .$1,760,000 a u irj u utj -Jv aj?'Aj'i uirartruu umTaf nnjauiruau'uJ -i 1 li i Perrmnd fables French Bank Statement .i.I,aS,i.Aui ? Th ?My "tatement of the Ilank of 1'rnnce. shows the following changes In francs: Clod n hand increniili 272.000. silver lit hand Increased 2B "(I? notes In circulation decreased. 242 ,147'nnn' treasury deposits Increased. 4.1114,000 Jen ral d-posits Increased 10.ll0ft.ooii, bill's riis counted decreasml 70.477.005 aijvances ,1e creased 11 K30 D00 Th slate repai'i th. banh lno.OOfi.nou francs ' ,n" Kentucky Crudo Oil Advanced iiiisiiursn, Aug IN. The nurchs.inr mVnt of South Dilaware avenue bo-' ' ml'. mb" ml. ki rSe 'SrodueM i?n f&nfuafcy 'fhVr? ween HiBler street and Snyder ayenue, K&t.VSS:telB 'SftgRSH "0.7. 1 jg, jWSP SEASONED BONDS YIELDING S WE SHALL be glad to assist you in selectingsafe investments for your funds. We would like to submit to )ou u list of seasoned bonds yielding up to 8. KMly trrlte o Circular K-H CASSATT "iVCO. Eitabhihtd 1872 COMMERCIALTRUST DLDG. PHILADELPHIA NIVVVCSK BALTIMORt-PirrSBUROM-SCnAWOM Youngstown, Ohio Water and Paving 6s Oct., 1925-1048 To yield 5.90fc to BAOft Cincinnati, Ohio School District Building S'28 May 23, 1934, to 1936 At 100 and Intereit Yieldins S.SOC'o BEodget&Co. Real Estate Trust Bldg., Phila. Boston Chicago Walnut 1G06 New York Race 4369 GRAIN AND STOCKS Facts and figures relat ing to securities or grain cheerfully sup plied. We specialize in Odd Lots Boureau & Evans Uembera I 'a.. Btocfc Kxchani; Chicago Hoard of Trias 130 South 15th Street Philadelphia Locust 5188 Rac$ fflt 'JlftCSJJLJLlJS-UJl iiiiiiiiii ui; BOND SECURED NOTES 6)i7c yield 9 14 (Short and lone term maturities) Of thoroughly established l'ubllc Utility Companies. learnings, equities nnd manage ment fundamentally Hound. Circular T .If on request Fairman & Company, Drenel nidd., Phila. KstahllshrU 1002 A. H. Bickmore & Co., Ill Droadway, N. Y. An Opportunity to Exchange We solicit offerings of hlKh-Brnde bonds from In dlvlitoals ivho would llko to noil for other Investment "tt'o will quote on any lcue- rhonei Spruce 7240 WlMKIR BlOO.PHIUOiUFHlA XtIsrrPAlkdAidax' II llecorumend for InvrMmenl Hydro-Elec. Securities JosepKW.Gro3sa.Co. 1421 Chestnut Street -.. rf.H- Mdred & Co. -. " 7TZ B. Cn Lawrence t. urowu -; CERTIFIED PUBLIC ACC0UNTAHTS t.A null. TSTATK TUvST " " .1 partnership atoounts aim v" Tag Hsturni. J rnTnrniTiTiri 1 1 1 1 i 1 1 innrrl1 Conservative Investments MuMeaidn & Willlayf J i i .r 'V 1 ,.. 1
Significant historical Pennsylvania newspapers