wf?rrw5W5T"'Tm'jw5'jym?--- - 'TW m. -"i i'i ,iV'"A r-'Th '. '" '.W v . VV ",- .- "w. - V "A T J !'" ! J .. . '" 1J"1" 1 ' Vn- MTt A . J " k ', I t W11. . u t l J ..r , " f "EVENING PUBLIC LEDGER-PhlADELPHIA, TUESDAY, AUGUST 23, ' 1921 , 16 Wu-.?.. sr)' i 222. A ' ;y'V CiJ 1 .1 n: lr . W, ly .-1 -BU ' nl .. i-v. rnb, v Pt. (. n.-a Ll j ' '& . .i T?, c'f ' it Pennsylvania & New York Canal & Railroad Co. Consolidated 5s Duo April 1, 1939 Fully RcBiitercd Tax Frco in Pennaylvania A ivcll-scasoncd investment, outMandiiiK since 18S8, and guai antccil principal ,iud inter est ly endorsement 1' the LcIhru Valley Railroad Co. This issue is secured by .i lirht mortgage on that section of the main line of the I.chitih Valley Railroad (.ill of "huh is double tracked) extending from WilLes-Harrc to a point ncai the New York-l'ennsyl-vani.i Mate Line at 5a re, PennsiUania. A Legal Invest ment for Saving-. Hank in nianj bt.itcs. including New ' Hampshire. New Jersey and Rhode Island Listed on tltc Philadelphia Stock rchange, they sold as high as llO'-i in 1900. Price: 92 and Interest To Not 5.65 Per Cent. Biddle & Henry 104 SOUTH FIFTH ST. TRADING LITTLE IT g.ZtSraJga.5'gt3K?"-3g.'G3j5t-l1 Write for Booklet 714 It is decidedly different from other books on in vestment. The experi enced investor will read it with profit, because it states truths which too many investors over look.Thc inexperienced will find it valuable, be cause it is simple. Write today and specify BOOKLET 714-Q w: STRAUS &, CO. I IW offer IhI MortcraK- flT. Serial Gold Iionils cf .t prnilucin.? rn corporation secured b ."T "On vnr. s of highly developed nl lands with ten min s In oprt tton capable of prudu trig au noo ions it day. Slnklnc I'und requirement nil retire all of thta Issue at 10ji. before ma; Penn State Tax refunded Nor mal l'ederal Income Ta up to a-0 free. Prlc-i to Jlld 7.05 CASSATT V CO. BtaiUihtd 1872 C0MMERC1ALTRUST BLDG. PHILADELPHIA ISCW YOB BALTIM0r.-PirTS0uaiw-scRANTOJ II J ill Spruce 8200 I in mm NEW YORK STOCK EXCHANGE TRANSACTIONS While Early Recovery Was Not Sustained, List Displayed Moro Resistance New urli. Atip. 'J.''. Tmlu's -tori; market liml u niiieli better toim ami tin trading miik ilerldoill.v more iwn.sliM. Tills, of cnur-e. produced eniiftderiible ineguliirlt), ami injected cross enirentx in the movement. While still -liovsini! it conspicuous innbilit to sustain the reenter ni'Uomriit for ant lonptli of time, ji-t in nio-t nil (tiiirtcm of llie ll-t iiime ti'-i-tmiee ttfK encountered The itM'i'sil In llie mnrlset trend n to n 'nrse elent iiiUneiieeil by the -ttitth In the oil irroiip. pnrttetilnrb tin Mi'icnn lompuiiiet -liarr-. wliU'h in turn wn- iii'iuliieed bv the propped 'ff an nivlj .-cttleinetil in the Mexlenn oil -itii.ittoti. Till- theorj ttus built upon the iiiiniuiiieeinent of the ilopnrtui of I ennililltie i niupo-ed of proinllU'iit of tidiiN of li'iidms eonipniiie- opcratinj; in Meuco to I hut coiuitr.t for the purpose ot opeiiiiv iH'U'itintloti- ttitli libreRon s (lOMTUiiient resiirdini! the tnxution mid c t lii r ti til- that hate been m dl-iuite for a Ions tiiin Niilui.il, llie iiilel leliounl in the Nlexiimi iimp. "tiiieli feiituieil tile i.i 1 1 in 1 ti.nliii. iiiduteil ttve euvililijt of limt- in oimi -e, tlon- of the li.t lie-illll-e of the lllinil-tilkllbb iitelMildeoii dltioll of lnl ot the ni'the .peeiiluUte i in-, the ti .0 t oiutry puit.t wire oo:t l'lddin no pnee .ignin-t tin m-elM-. I'he nun kit hnveter, wn- not twtiiout -oft -pot', bill thi'M' were widel teat I red .Hid for a tune h.i.l no illid A- i xpi rii in ei! on i (Lent i allies, it ui- found -took- were again fi I Mil.- piled on the iol,ttiei -, eepeel.ilh n 111 i .ie of speeiiiltirs. while in other ipmr tiiit wiih ohtioii- .iilwint.iyc u Ix'tiiK t iken n the dumber spoti to le-ltim liiitnd'iKoti In io iu nee when the ri'tpiireiuent- of i he horl interest were iui t the market inuneili.ileh leib'diil the impoM i i-lml IniMiii; powi r in a (jeneral leueliou wlneli innieled most of the enrl.x improvement ninl lit a uuiiilier of the ludiiMrials em tleil prue- to new low bel- for the em rent nuiietnont, 1'iidonl tedlj with the nlea of (oieltic the reaction n eon eiileil drne whs diieeled iii?alnt I lilted Mates Steel in Hie sennul hour, eneour .lijed bj rea-ou of the conspicuous ho.nl liess of several of the Independent steel share-. The etfort was oiilj pnrtiulb sue (i -stnl ill that the movement before mid i!uv inn into mi iinilireurrent of coiisld eiuble streiiKtli mid a secondar.i reeov i r.v set in and was coutiniieil in face of' the eMiennlv iinfavorable reports put out l tin. lending porphr.v copper linn panics. V. G. L CONTINUED i UNDER PRESSURE m iNCORronATtD established i SSi in I Stock Exchange Bldg., Phila. 0 h I Ttltphmt SrRfct 5628 III 39 years without loss jlj I to any investor I'l Copyrtcut 1021. by 3. W Straus & Co! ' puuuu'j'a'-ju-j 5 vu'jT'JirjuT'.nir ! I, 1 COAL BONDS ! nil ' 4im c"0,'v, '" Rn p'enllal to trnnK,r- il lllVi tatlon. Industry and modern i Bill no. lal life. " i; Free Offerings Carried Stock Down to 31. Within Point of Year's Low BOUGHT SOLD QUOTED United States Government Securities All Issues FF.CCIUTIES DEl'AimtiyJT CommercialTrust Company ('nut limed weiikniss of I mtoil (lii Improvement was the oiitstundlu? fen tun of tiie lonii (lenliii";- and at the camp time i mpliii-ied the thinness of tin- current m.irkit. l)i-.ippiilntmeut over the ilelnj on the part of the Citj Administration and t'ouudls is rendi- up some agn ement for relii f of the eompiin.v from burden- due to iibnormal Miiiilltion- was partly attributed to the lei urreut liipiiil.itinn Itv otheis it was -aid to he tori i d !!iiid.ition of an im p.'iitei nei mint wludi It was found iiee(Sh!jry to do-e out Still another theory plneed the spiling o tax lequirc inents, and bv -till othir- to the belief that unle prompt aid 1- given, the iiiiiiuiKoment will find it nei essary to sllipeiul ilivideild- oil the ininilion slock, llegnnllc-s of the vinioiis theoretical onuses the stock continued to lie fieeiv offered all during the ficenoon, mid which mined tin- stoik down over a point to :tl lompaiej with la-t night's elosiue and liniJOng n net decline of over '' points since vesterdn.v. The prue alio ii" mil $1 above the low price of the J ear. Some sjniputhetlc fielliiiR occurred in the other local utilit.v -hare- without causing much price diange. Philadel phia Itapid 'Iran-it was held at Kl'h. I'hiliidclphla Elcetrie common shaded to il?i and the preferred to Vi. Dribbling liquidation curried Lake Superior On point ion back to 7. I trill declined to P.. points; Elcetrie Stor agi Untteij. after dipping to KW, rallied to l"l then fell back again to pi.','. Small nfleiingri of Ituffalo and Misipic liatiu.i weie takPll lit 111!, or It)1.' points ninli i the previous -nb' made I l-l I I Imi.ii v Philadelphia Stocks j Die inn too .100 100 1000 inn too eoi am mm too too :o3 01 ,iJ0 itno .on I loo coo loi 202 (100 1.100 2000 200 1200 .-do 600 non ,101) MOO too 2000 210 ton too too 200 2t00 sno 4200 100 2. 'Ill) 200 200 101 10) 2J0 100 .110 1200 300 100 2500 100 000 .IS '10 910 .100 700 500 401 1100 100 100 S0O 40d 8 JO 100 100 .100 too 1.100 20) 5,2100 '. . 5!00 00 3100 2 1 Oil 20 1 100 400 S.00 100 0500 100 200 1000 l.-.no 9200 .100 nr.no .1)00 ino 1900 100 mo 200 1200 200 100 100 100 100 2000 1200 4400 1(00 100 limii . 13K . .13 . 1BY. . IK 3K Advance Utimely . fl Advance Humely pf. AJax Rubber . . . Alaska Juneau G M t Allied Chein & Die.. 4 Allla-Chalmern 30' aim ncet Sugar 25 V Am Uoseh Mnimcto.. .11 . Am Can 9 12 Am Tnr fc 1-My 121 . . Am Cotton Oil 10(4 . Am Cotton Oil pf. . .11 .. Am Drug Sn 4i$ Am Hide fi tA"itt.er. . 10U . Am Hid" & Leather pt 47 . Am Intermit Corp 21 t Atn-U Fianeu Kng . JJi o Am Locomotive ... S.114 Am Ship & Com .. W Am Smelt and Itef .1H 7 Am Smelters pf . 00J-2 Am Safety Rnsor . . 4 .1 Am Sleel Foundries. . 22 Am Sugar Itef 01 7 Am Sugar Hef pf . 8 H Am Sumatra 41 9 Am Tel & Tel 1054 12 Am Tobacco 120 12 Am Tobacco tl 117 Am Writing Taper pf 21 V 7 Am Woolen 60 . Am ZIno Lead & Snilt 7H .. Anaconda Copper . 3IV4 Ann Arbor II xnn Arbor pf 2.1 0 sso Dry Ooods l3t pf 01 0 Asso Oil 07U Atch Top & Santa Ke. S3H . Atl Culf & W I S S.. 21H 7 ltnldwin Locomotivo 7214 . tlnltlmorp &, Ohio ... 3' 4 Italtlmoro ft Ohio pf AOU 0 riethleheni Steel n . in llooth KWherit'H .1 li-klvn Itapid Transit 10'.i . . Brklyii It T ctfs of dep 0 Dm in Term 3x; Hutte opper & Zlno. 4 . Huttp ei Superior Cop II . Butterlck 2 V 10 Canadian Pacific ....1121-4 . California Petroleum. 32 2 Cal Zinc & lad 4 .. Central Leather 2.1H . . Central Leather pf . . . 5-J4 .. Ccrro-de-Pnpco 1ZA 0 Chandler Motors .... 4214 . Chesapeake A Ohio.. &VA Chi A f!r West pf. . . 10 .. Chi Mil & St P 25'4 .. Chi Mil & St P pf. ... 3n Chi & Northwestern.. 64 Chi n I & Pac 30 V4 . Chllo Copper 10 rhino Copper . ... 21 ',4 Cluett rvuboriy . . 40 Coca-Con 3.1 ' 0 Coluin Ciaa tz Illec . . . 51'i Columbia Clraphophoin 3H .1 200 100 100 100 Col (Sraphophono pf . 13'4 . Consolidated Ills In.. 3 7 Coiisollil.iteil Gas .... S5 . Coneolidated Textiles. 14M .1 Corn Products. Itef... 05J.4 7 Com Products Itef pf.102 .50 Cosden & Co 33 4 Crucible Steel fi'A . Cuban Am Sugar ... I2'4 . Cuban Cano Sugar. . 814 .. Cuban imm Susai pf 10H Denver i: ltlo Or pf . 1 Ji Kile Horn Coal 17 Kmllcott-.toluiHon .... ol llrle 13 . Krle 1st pf , t'i 8 Kamous Players L.... 54 10 Kishtr Hody 13 . . risk Rubber . . Fi et port Ti xai 1 1 H . Gaston Wm & XVlg. . t .. Generat Asphalt .... 4.14 ft Gemral Asphalt pf .. 79U 8 General P.lcctrlc 112 '2 1 General Motors 0 Tb .. Gray Pax Is H1 7 Great Northern pf . ... 72 4 Great North Ore ctfs. 2S .. Greene Cananea Cop. 20 4 Haskell & Parker Car 55 Houston Oil 42Vi 1 Hupp Motorcar K'4 3 Hydraulic Steel 7 7 Illinois C-ntral 9 . Interb Con Corp .114 . Inter Cons pf 10 7 Int Harvester new. .. . 70 . Int Mer Murine. ... 9 fl Int Mer Marine pf. .. . 40Jt .. International Nickel.. 12 Ji International Paper . . 41 'A .. Inspiration Con Cop.. 30 .. Invinclblo Oil Corp. .. .. Island Oil 'H . . Kansas City Southern 24 14 l.nw t'J v 35 tou IH .13 .10 27 U 30 34 H 11014 18)4 .19 4 '4 10 4 47 20 7Ji K3 '4 3.1 J cH 3 21 sm HlJ4 43 t03 U7H 110?) 21 n4' 7H 33 H It 3 ( 9714 S3H 20 14 70H 35a; 30 1 4 30 3 1014 04 2M 4 tou 37 ItlH 33 4 2314 WW 23 41 14 51 H 10 24Ji 37', G3'4 3C4 U 21b 40 32? I 3114 314 1.V4 3 S5 14?4 65 10U. 23 2 fi0'4 12 H S lt' 1'4 17 57 4 12 H 1S'2 53 83 0 10 1 42 04 109 ?4 0 11", 71 28 20 53 41 ',4 10 2 7 04 314 10 os 14 814 .IS 14 12 M 4 1U 301,4 8 2H 31 4 I 14 li t.S0 Net j" .ir. tnu 13 -33 lou -IH 33 - 30 27 '4 -31 3i 121 -i 1014 39 - '4 l0'4 r 17 37 - 7'4 83V4 1 3U I 33H1 69 Vi - 3T4 31 - 1 61 M -i tm 105' V 120 -r 3 I10M- 1 31 - 4 00 1 ?( 7H 31-14 II 33 64 07 K 83 H '4 2ti-f 1 72 la- IH 3fi'4 V2 30 U - 48 . .1 10 '4 r 3?4 4 10s 271,4 t- ll3'4 - 33 4 - 2.1 H -38l 25 42'4-!-32'4 V 10 - 23' r 37 a 01 1 30'2- 10 3tls T 40 -3T4-5T4 3'4 1314 5 S3 I4?i I 6314 i 10) 33 n i- 52 1-13H- 8U . 1844 U4 17 5754 12 n I 1 8 V2 5.V4 b 8.1 9 10 - 1 Si V4 1; 1 1 V5 ti Vi 1H 43?4 - IJi 79 U - U 11H 1M 9Ji ..i ill.- J4 72 i y2 28 1 14 20 - ',4 53 42 lot4- 14 7 - 3?4 94 - 1 3J4H 14 in Gft'4 t- IH 81,4- .19- t',4 12J4 b ft 41 ',4- 14 301,4 .. 8 i .. 2M4 .. HalM In S . Hllh Low T. o. 3100 4 lyly.Snrlngriohl Tire. 30 34 ft 36 .. ifcnnecott Copper ... HH 17H 3000 .. Keystone T & II 11 J4 tl 309 .. Lnckawnanna Steel .. 3014 3014 101 .. Laclede das of St L. 49ft 49-i 400 8 Lee Rubber Tire 3414 2 300 3 00 Lehigh Valley 31 31 100 .. Loevv-ft Co UH ll 100 1 Loft Candy H 89 300 . Iaiofo-XVIIor Ulscillt . 30M 30'2 -J0 12 Ixjilllartl Tobacco ...14J Ulft 100 .. Maxwell Clasi II ... 0 16310 12 Mexican Petroleum .. 08U 03H 200 s Miami Copper IDH 10J4 2700 1.00 Middle States Corp... 10J4 10H 10D0 .. Mldvale Steel 33 Ji 23',4 100 .. Minn & St Louis 10J4 I0J4 200 .. Mo Kansas & Texas . IJ4 1 J4 100 .. Mo Kan & Texas pf.. 3 3 100 .. Mlssouil Pacific 1814 I8K2 300 .. Missouri Pacific pf...37J4 30M 290 .. Montgomery Ward ... !' IU 100 .. Natlonnl Con & Cablo. M4 1ft 300 . . Nat R It of Me.x 2d pf 3H 3M 1210 b New York Central 60ft cn 200 a N Y Chi & St L 2(1 pf. 07 05 1030 .. New York N H & II.. 13M 1314. 200 n North American .... 00 00 100 .. Norfolk & Southern., n 0 100 7 Norfolk d Western... Oil 0t',4 8300 7 Northern Pacific 73 73 1000 .. Okla Piod & Itef 1J 1?4 100 2 Orpheum Circuit .... 17 17 100 . Otis HKel. .. ..OH H 100 2.60 Pacific Mall " 1300 . Pacific Oil 34 ft 34 ',4 3530 0 Pan-Anicr Petrol 13ft 41ft 100 0 Pan-Amer B 3714 31ft 101 .. Panhandle ' 7 ?0) .. Panhandle pf 70 70 1200 2 Pennsylvania R It 37M 37H 410 ,, Peoples Gas Chlcaffo. 84ft "ft 300 . T'ere Marquette IS' ,s!4 100 7 Phllllps-Jones 60 CO 200 .. Phillips Pet . ... 18ft lSv, 00O .. IMerce-AiTow Motor .12'4 '' 300 . Pleice-Airow Mot pf. 36 ?i 300 . Plerco Oil 3 3ft U0 3 Plerco nil pf 34 3IVi 100 B Pitts Coal 34 54 200 .. Pittsburgh .1 W Vn... 25ft 25ft 300 I Pond Cieek Coal 13ft 13 tOO .. Pressed Steel Car.... S3 32 1500 8 Pullman OtJi 0ft 30o .. Puntw Alegrc Sugar.. 20ft 30ft 300 4 Pure Oil 24ft 34' 300 .. Rand Mines 20 35 400 8 Railway Steel Spring. 74 73 100 7 Railway Steel Spr pf.100 100 10j .. Jinv Con Copper tlJi HJ4 00a 4 Reading Kllft 03ft 800 . Republic lion & Steel 45' 44 1300 8.20 Royal Dutch Atner... 47ft 4014 1300 .. St Louis San Fran... 22ft 21 200 .. St Louis it Southwest 23ft 21 H 100 .. Seaboard Air Line... 5?i 5-Vi 7100 .. Scars-Roebuck 01 ft 9W 300 . Seneca Cop Corp.... 14ft Hft 300 .74 Shell Transport 31ft 34 4000 .. Sinclair Oil I7 10J4 4400 0 Southern Pacific .... 70ft 75H 600 .. Southern Rail 10 ft 10ft 300 .. Southern Railway pf. 44ft 44ft 1200 4 Standard oil of Cal.. 69ft 60ft 100 B Standard Oil of N J..134M 131M 300 7 Stand Oil of N J pf . . 107 n 107 ft 100 7 Steel Tube pf 0ft 69 ft 300 a Stewart Warner Speed 33ft "-1H lt500 7 Studebaker 67 05ft 100 . Tenn Cop & Cbeni. ... 7 7 2300 .1 Texas To 3,1Jv 32 Ji 1000 . Texas & Pacltlo 32J 23ft 2100 1 Texas & Pac C & O.. tH 10 300 0 Tobacco Products .... 80ft 56ft 300 1 Tobacco Products pf.. 85 82ft 1000 .. Trans Con Oil 6J, CH 1500 .. Pnlon Oil lOJs H'S 1100 10 Union Paclllo 118 Ji 118 1200 4 Vnlon Pacific pf 38 fi' 100 .. I'nlted Alloy Steel... 2.1 23 600 8 United Drug 55'j 53ft 1300 0 I'nlted Fruit 102ft 101'a 2100 3 I'nlted Retail Stores.. 30 48ft 300 .. U S Food Products... 13ft 15H 200 4 V S Ind Alcohol 45ft 5ft 100 .. U S Realty & Imp 14ft 44'a 6209 ..US Rubber 40-M 45ft 100 8 U S Rubber 1st pf". . . . soft 8i!ft 0000 BUS Steel 7.1?a 725, 1.10 7 I' S Steel pf 1011 109 3100 2 Utah Copper 44 H 1354 800 .. Vanadium Corp 2H 20 600 .. Va-Car Chemical .... 21 23 100 . Wabash 7Ji 7?i 700 . Wabash pf A 20 8 20 300 .. Western Marjland .. 9ft 0ft 100 .. Western Pacific 31 21 100 A Western Pacific pf... 5S 58 900 4 Westinghouse i: & M. lOJi 30B 200 .. Wheeling A L fi 8 8 500 .. Willys-Overland Oft li 300 . Wlllto Oil Corp 7?4 7S 100 8 Woolworth F W 107 107 200 0 Worthlngton Pump .. 31)4 31 33ft- V J17M- H un- 14 30ft- ft 4ft- Ji 24 - ft 51 UH 1 ft 87 1 ft 30ft- 2h J II ft - 8ft 0 04ft 4- 2?i ioj I 14 10 ;- ft 23 ft I Oft- 14 IJl 3 18ft- 14 37 ft H 10 ft 1ft . 3 - ft 69 67 1 314 13ft - ft 60 9 94'4-l 14 72ft- M IK , 17M4 14 oh- y 8 34 H- ' 42H b Hi 3714 4 7 70 37?i !4 51 - I 18ft- U 60 - 3 18ft 1 ft I1J4 ' ft 20 i J. 5ft .11 1 3 51 25ft- H 13 - 1 53 - 114 91ft r H 20ft- 14 rft :o : ! CURB SUBSIDES. Net ..... rn n rtiue. iinni' 11 nni i iibiii mm mirnm 100 UN CO ft I 45 ft 10ft r 32 -23 ft 814 60ft r 14 ft 31ft i 17 -75 Ji 1- 19 ft , 41ft - 09 ft 134H -107 ft 69 ft 23 ft r CO ft 1- 7 31H- 22 Ji -16H-5C',44 h?'- 64 Id', ' 11c ft i 65 -23 55 ft- 102 ft i 49ft -15J4 45ft f ft -80 ft : 73ft- 109 23 - 74 20 ft ! 0ft- 21 58 10 1 8 -fl - 7H 107 - . I ',2 1ft 1ft 'ft H ft ft 1H ft ft ft ft ' H H ft ft ft H ft Oils Loss Conspicuous Mis- collnnoous Group Shades Off. Mines Moderately Activo New Yorlt, Aug. 23. After n fairly netlve opening, wllh slight upturns ns n rule, the mnrkef on the New Ynik Curb E.xi'hniige, before inid-day. de veloped mi irregular mVvenieiit on teulfolnir, while trading throtighoiit the list subsided ennsldertihlv. The oil stocks were less conspicuous, especially the high-priced shares, The nii-eei-lancous groiin. fatre u siiurt of activity, also slinded off. Iluslness In general was given over In trailer-, with only n small amount of outside orders. In the oil group trading was com paratively ciiitet. Ohio Oil. which was one of llie principal features In jester- ilu s drillings, showed no transactions up to nild-day. Anglo-American Oil moved within n narrow fraction. (inleiiu Mlgnal was down 'j. ami Htuiulard Oil of Indiana, after lair ac tivity and firmness, yielded rft. In the Independent group, interna tional Petroleum was under better sup port nt n slight improvement. Merrltt Oil was unchanged Mariirnlbo eased off fiaetiunally on small offerings. Cities Service common, after moving tin 1 point, eased off on realizing. Slniius Petroleum and Shelly Oil were quiet. In the miscellaneous group. Acme Parking continued one of the weak fea tures, breaking to a new low nt 87c, a decline of 1,'lc. Tobacco Products Ex ports, on small purrha-cs, moved up ni. (foldvvyii Pictures was stead.v, (lien Allien Coal, after moving up frac tionally, reacted. I'lilted Kctal! Candy was unlet mid unchanged. United Profit-Sharing and United States I btenmMiip were about stead.v. ( om luonwealth Piniiiue slimes ruled about linn. Wavnc Cuiil was again under pre-siire, jielding about '.j. Mining shares were moderately ne tlve, but only small changes weie the i ule. iNiii'.sriti.w.s B For A Sound Sleep Let The "London" Do Your Worrying IF YOUR factory, store or place of business should burn tonight well, what of it ? Your papers are in a fire proof vault and everything else ig protected by insurance. But Suppose So and So one of your big debtors should fall tomorrow what then re you protected against that aort of a loss ? A dollar is a dollar, xvhether it Is burned in a fire or sunk in n failure. Then why insure against fuc and not against failure ? "London" Credit Insurance is an absolute guarantee against any excess loss from the fail ure of a debtor, nnd with the "London" guard ing your credits, you can sleep well, knowing that any such loss will be paid within forty five days. Why not ask today f There's nq obligation. OURSUPEIY SERVICE ATVOUR. SERVICE Losses Paid In ArneriainCUrTTnty Established EirtiteenSbtrnine LONDON GUARANTEE AND ACCIDENT COMPANY LTD. K. A. IRVING, General Agent Credit Insurance Department Stokes, Packard, Hauahton & Smith. Managers-All other casualty lines. Dell Phone-Lombtrd 4190 434 Walnut St. KtrMone-Maln 4190 lllRh Low li,. to 4 III .-iVi n:i L'.iW at'i .i'i ni is Sll r.i ft n t' IS 'JS 71 8TMIM OILS AiurtivAtiipr oil I.V. 1.1 aland Oil if Ind . H7'4 H7 ISDKCKNIM'.NT Oll.h Aeino Packlni . us Aini-r Lemhio' to I'arllnle Tiro I'i Columbia l.'iwrnlcl III Continental iloiur . 3' 4 loin rinano "' Com Flmincn jiref .... 75 Umpire J'ooil . ... LM'l (Hen Alden Coal .. tll'i. (loldwjn Plcture . .. im (irnnt Motor '." Inter nilbbi-r . . . il'n I.ako Torpfilu , , . 03 Metro Htorei . IS I'erffctlon Tiro .... 'H I'yreiM Mfc sly Ita.llo Com .. . . . l" ltfpulille Tire Hub . . 23 South roil ind Iron . 1" Hnrels Co l"c Tob J'roil i:p . . . n V H I. H .... l' tr shii Cn'i is 1' ."team .... 2s I'nlH'il Profit hhHriiiB . 1A Itnllrrl lift Cniulj . , . ."i'a XVujne i'imI ... . I Went Km! Chi in . . vi l.aii J'. M. 11.1 10 4H III 3V4 IUi 73 M'i am iVi 4 ox is so s4 IS 1.1 ?u IS 2S 14 r,H so ft Commodity Markets Financial Briefs ! l.v from trade interests, who seemed I willing to take September contracts at I prevailing differences. '.'.".".ii"." - .Jl.1'. ' '1 nvcrane price of menu . tiie I...1,,. i MPinnr .. . "iJi " i. 'L i trim Hli.ckn K lln-J vi i r .. m ., ..... .... .. .......! ILtllMr .. . II I'I li 'POWIHJ ' I.I M ... .. I.UI.. ,, ..- ...... ;.., Aug. -M. Mieai sinrie, jUrch- ; 7 , ni,,n 7 ,1 7 !' H .'.3 GRAIN MARKET i 'lilcmro. l,c lueher for September and unchanged i sim to Si' lower for lieeember with olTerms 1I..1,, .not l.nilur bv 111! K.lStei'll slllll" I ping hoiiM'. Trade was moderate und undeeideil Senlinieiit was more friendlv to the buying 'hie, owing to the quick rteovcrv and (he reports from Wni.li lngton that eiulits would be extended, ennbllng exportation of gruln. The general opinion appeared to be that liquidation in coarse Krains had been pretty thorough, and with the de crease in the visible supply of wheat, and the big clearances, together with t he comparatively small spring wheat eceipts, selling was more cautious, the urtliei declines in stocks and lack of FOREIGN EXCHANGE New York, Aug. -' Aside from steiling, which was fractional!;, higher, rates on the principal Kuropean centers displayed an easier tendeuc.v nt the opening today. The quotations vvero; Sterling cables IlCft'),, demand ,1.tMr,, ; franc cables 7 CD. checks 7. OK; Itelginn cnbles 7.,r!?, clucks 7.512 ; Swiss cables 10.00, checks (1.S7; lire cables 4.10, checks 4. IB1.-: peseta cables 12.01, checks l.BU; guilder cables mum, i.l ,1ft. nr within I I iir nt i,t ,1... I.... ,.. ... rsiRbllNhPil June 1 ldl". I h. m.nu run. roi(j ili-clincd V') ir ini in 71 17 Humors of fun her nit t i ,,H (,i llie iikcb paid bs linl. in ti.l. in Hte. 1 innniirae. lurerw ver curi.tit rsu r.l.iv v.. ......P.n. t iin of them, hmiui ecu . u (iliiulned fiom olTlclul jiouuir A.'.'.nM.i!!! Ao Iri'"n""' '"''I -lune 80 th Ansciclnteil Oil i miimri r. purled a KUrplus. after InterrM, I e.lvral tn x-h and imerven for ....... wn,,. ., i, ,,. in. u'.n, i. . i,r I01II.7.X4 Member Tcderal ltefrre Sjitem City Hall Square West I 1 -. Nei llAli Low I'.M thgn. 10 Am Mr' o"1! "'"'l "'"'I '.j,, 7 Huff i u o'j (VJ (i'J io'j lull I'.nll I C 'Jti'j lill'-j 'Jti'j l'j nit i::.cSn.i mi io:t io:t Iimi lien A-ph 1-Ts l-i l-7s-. in I Co A U'1 liH-1! v'( 'i .'(."ill l.nl.e Slip 7'h 7 7 's in I., h Vni r,u .-,0 r,oaK- i :mi 'a It U :t7')i :i7 s .'!7",-r in.-. Il,ilai:iee 'J'J L'P, L'l ', ', Hi.-, do pref 'Jill, 'Jlil, L'i'.i, ', ;.io Phiin ii'r ni', io's 1'i's . I'll I'liilnTrae ,":i .".'! ..! NI I n True. IfOl, :sll', ",IM,- H 136S v a i... :!! .".l .'.i - P's riiiuni:i.i'iii ih)m 1000 Libert.v :ic 'is "js !H M r.lMUl Amer Jn vV Kb' tin .... 7". WlOO Plillu j:iectru: 1st :,s i, ks7i', ri.nrttn Ttrtt to 1.41(111, uht'h aft.'i a uulnir f..r n i -l...l... Ill wr. Ulonblinl... nl..... 11 11 'X t 1,1:111 uiiiurin. fill in Iircicrr.rl ufiXLr Ollfsdfl blljing power win jirouuo.y c-. ,;'.,'. ". "" " '""'' ' """ - r'7" e-iutvalont to Mm ,hr, on 7 Joo.ilOO continue to restllet operations on tho checks ai..JBi Christianiii cables 13.120, or It- e'nininri .m, 1, ,,,, llvUK l'ui'l '", '',,, ' 1 hecks H.iri; I'openhngi 11 cab es 10.55, 'T,tt" ' ' .V'-",7.-1.':; S,1"' "" ' Sit.os a bUVillg SM1C. ... , , t ,,, rn . ..1. 1 I'M . M.arO on the JJ, -HO ( l0 nf I,j nrnferrea Coin Marled with September un- I chef Us 10...0 : marks. 1 1. ,i. t mock earm.l In l'HU ' " incurred ilinnged to V higher and December 'jf, 'pi,,.. rat of premium in Montreal to- to i.. better. Trade was mode rate ,)v xew York funils wns II 1 -.'12' '"r thn Mx moiuht nflnl Juno .10 India with "ommissloil house buing.( n the ,,, ,.,,,, Ti,c nit0 (lf ,llM.nunt ln Npw "' "'"nj"" ,'""'.;'", I:':''1r'. ,'Jf' '.".f"1"." .,. (hi,,. ills BC 111IC. am lOllieu , V,., . ,,,, tlnll, mm rmnU unu !l I.l 1 ,M ,..,.1 .1, ,.1. , 7t."" ".': ie ,'.... '. uu.....v.. .-..... .....I (. ... .U...U,. ...... .,,...,... .1- ,. 1'.,. I jqulvalent 10 f 7 r.'t u nhnro 1 arn.-.l on ilia fd.083.44J. ni 111 II ft fh.iro canuil In the correapondlmr pcrmd of mju. J1"!, ""a"1' ," l,nr' of tho Western Pa. clllc Unllnmd for 11120 ulious ronmrnle nei frih n 1 .:' LIVESTOCK QUOTATIONS n LIBERTY BONDS Douaht and sold for cash at Stock Exchanoe Prices. ISAAC STARR, Jr. & GO. 16th 4 Sansom Sts., Phlla. Jfembc.s i'ftllj Slock Kxchange and A. 1'. Cotton Exchnngg BROKERS nerutaMa Dr ikoracu llouteo wanted I for Nw York i'hitadi-iphlu, l'lttnliurk) Ann Jtuniuil lu inno Lri paiu ill I im.- ury Block for nationally Kiun Muun facturlnc I'orporulion now condu ung national advertliuik: rampaicu 1're... nt worklnk capiUl too muall to iiiku un mtdlatw donmnd for proclucilon A. WlNTCIl, 'II- Mil'-un A N V Itooni 1110 H-L.Smbth&Co. INVESTMENT SECURITIES 1M lJ Till. Bldr, Sprnea 6721-2 'h-rmr (hlniiro. Auir .'.I iAITII. H nits, ill " 0 he id lie f tt.era du' . . i ,n . . I ,. i .'",. I wr I ii 110 . buk . f oul . Si. 10 fl. MJ who htoeK and bulls t ic.l hi nl tu weik I ullc, fat !!. si, i, k ! I ii u ni rk und . uti-rn moailv JJ v li ; ull ii u-n i AJJIil butcher r...l s .ntoiy II '.ni!" "0 . iImk Mi,, hirthci bu I . tiers, I fy 'a ii lu . i .. k rn and f(t ta hi. i I line,- Iletl!iin 25 Wl'i r i I Activo. m H(l l.'"r lOAOl I Ulf uf hulen J7 '".i f. ."j top. II. I' Ii-.hn Kht 71'!i!Uli imdium Wefcllt l.'illll i llubtuiUht flijlll.l li.lt ll.-ht. it 711JU 2". In i paiklnt- tmi, ..ri.nih 17117 Mi. pukuiB .ut, Touch 11175 1 .7 Men tsldi -lll.EI'- lie. -Ipt Ji DOi) head Nntlia niniK 1 1 1. ind J.".. Imiei I'acknn Ion, earl. o '." mill t ' .Ml ne Htr,nt W ralorn lamln jlojt .'V 1' M-r rtV Su -.ii olhera In Id hlifner, bleep Mi.iri nbout fttuady feej.-r lantba , lower. l'Ul Dull'. eiiluiKr. la 10. I'ltUbursh. Auk il -- HOliS-ReeelpH, lnoo head Market uur Ileavle. Ill, heavi urker 7'i'(j 10 buhl yurker, ID UH -i PluTK. s 751 u SIIKi:i' ANIi LAMII.s Ketelpta, R00 head. Maiku aluady Tup abetp S3 '.'.1, lop lamba, 111 i AI.XKS Hoceipiii, r,0 head Steady. Top, til id Hunt lliifrulo. Auk 2.1 r ATTI.i: He. elpt-. il.Tj heud Medv LaHea, reiullta, 'Jim In id siiudy. SACl 12 IP c,s lunlntB J5i.il In id Slow r,0il tn ;;, i r lWjy 9hji mixed and i ii.ru ci all ''I U "' llalil lurker und ul, is ' r .ujlitf liltfll J". '4(, :tWI.-.0 MHi;H' AND t AJIUa llucolpta .VIO head. Aitive unchanned BAR SILyER rtar silver wa Uifblirmfr ir l"ndon to- day a i qcu UUViiie ,- ,....- - -- - . ... , to a leading interest. i" lu"u that lead, forcing u reaiiion Oats opened jhC to '(C Inghi r lor September and :H.c lilgber tor December with offerings light and si at tired m.iii mlssion house bujing. COTTON MARKET .Nkvi orli. Aug 2!! Tl '"" rpenin,' toilni wn the stiong.-t and mot utive in man.v weeks Itcp-uts of ...ntinued high temperatuies m the i Southwest, with numerous pin me i itil.unis of crop dumiige, inspned lieuvv iomii.isM.in bluing. wl'"'b mlvaneu Him ,i-es 14 to 17 l-i'lnts. 'lhe I i;e. how ilver. brought out activo nroiit-Mkingj I nnd Southern selling, i moii'.' the earU iaetms of stiength, ilrsulci, the weather, weio til- sllon- mo.V market. Dun cables and activ.; support from the trad;. A good ilea I f (Mobei covering, loth tt.ule nnd hi. '.iiliitiw. took pine". lb. nmiUer nt the end of the lut tifteen minutca 1....1 i...,. ,.,,... .it us me imii ii. ii'.iin. mid vms full 10 to is points over tlm previous dose. 'i In- receipts ... ,,...... .- "-": r .i. dm are ..stlmuteil at .'...(SMI I ales, against 25. 100 -"iIm lij't k. 217 bales Inst jtnr and il2.i bales two j ears ago. Oetnl.er Deee mo r l.inuuri March . Vent I lone 11 .IS 13 '.2 i :t mi ii os Todav'a open 1.1 7'. 14 HO 14 1J 11 JJ 1 r .xr 1.1 117 14 17 NEW YORK COFFEE MARKET New York. Aug 'Si. The local cof fee futures market opened at declines of 1 to 0 points this morning on pres sure from Wall street and commission house. Home Wall street selling was attributed to Kuropean account. September liquidation Mnrted in ac tive nriin this morning, that month he lug switched to May at 103 prints and to December at 40 points. At 11:.I0 pi ices weie working slowly lo lower levels, September having sold off to 0 15c Mm ch to 7..'t0c and May to 7 Vile or 7 to 0 points net lower, with the l'l :!10 official lii'S prices a couple of points still lower. Willi Street longs wero unloading September contractu -and tnking on the ... ...l.- ...I.l. j,nlu n rvnttArail An per i ent. The Centra! Kuropean exchanges were: (Ireek, 5.05, Itiiuuinlnn, 1.21 liiilgarlan. ..S5 ; Austrian, .ll"1. ; Pol ish. .01; (V.eclio-SlovnUinn, 1.17, Jugo slavian, .00. VKSTKIIOAV H PINAL ivt UTATICi.SI Hterllnu Krhn. s Lire lluil.lera Jiemand .. 3 , 7 t,l.ij lis .10 S4 Cublis .. tl.'.Vi, 7 7n 4 ls'i 30 Uu TOfJAY 8 (1IM:.NI.N.J ULorXTIONS Sterling I'rar. t Lire (lulldrt Demand ... HI6. Tils 4 ISl .In W fables . ' 'I"' " 'W 4 !' 311 M DIVIDENDS DECLARED Seara-lloeburk A i " oiinrierly II 7". in pruftrred. payable UctoLu 1 t. stuck of rnord September 11 ramoun IMayerH'l auke I'orporatloii. quar terly I'J on common paxabU Octob. r 1 to ctoek of record Nepumlier I" Texas Compin iinarleny 7Sr p.ijublo Heplnmbcr 30 to nUKk of ri i.rd Sepeteiu lr HI MONEY-LENDING RATES NKXV YOIIK .Moruv on ull lwih cld-.e of lollaleral. opei'd torlas ji 5 i r cent for ndlnK uipI leniwlni; I'llll-XIILLI'IIIA ''ni; 0 i-r em, turn:. 0 per cent commercial pai. . ihie.j lo nix months, a per cent Note Thena an iren.lv nnmlnul quota Hone the leiTfil late of tnterext In lhe St.ile of I'ennlvanla 1 elnir fix' d at l per cent. I'lus premium and 'omniumon tune tnoi ev lor thlrtj lo ninety day l leaned hi io .P4 per cent while commerelal paper, from lb ny lo ninety day, la loaned ni il to H'a ji.r tent Reserve Banks' Discount Rates (iff rial redlHcount nun at the twelvt r.J. eial Heaervu llanka uro a rolloua Tra Lib Crm I Ilkm cttH bondi. paper, accept Tor lhe tn nv i,i h tid d June 2H 1 ai inu 1 iiiters..aak i oiporition reports nit nroflta lifter exisoiM-H sn I rh. nee fcie Veil, nil lax.s of I1.U7S 1,1.7. . ,u v Hem ,!fV., allovv- Inir for profcrred .llvi.lenda In I 'I ID .... . .. e.irned on the I'm, M'i Pb,r..H oi . omtm n stork of no par v ,lue Tin, total indudil larnlmsH of wholb .,. p.nlallv owned ul. siillars corporal. on. 1 ,,. jCur H Vomnlla. tn... Jl. not lnc'ude , ..rnlnu?. of a. baufi"?; l!i!Pai' l ,,,"::' ' "'.'"." I'rst half of ll.JU vi.re IJ.240 ..ii or Is -,i a ahare mi the outstanding 21J2J7 sharea of after allowing for pnfcrr.,1 dividends Anclo Texas Allen Oil Atlnntlu Pet . . . . lloHtm W'vomltu: Carlx b'jiid . I'nrlb .si)l Tr.ilbig old CTeoie hjiui l'edero u lilenrock (III .... liuney Ulllegplp Hudson UU Imperial Oil ... Int l'clrol Kansas Hulf . . . Lyons l'et . . . . . Marian. I IX t UU ... . .Xlaracaibo (.111 Merrill Oil ... . Xlarmi i IJ Mexico oil .... Omar Oil . . I'roduier t, ilellnera .... H.d Hock nil apulpa Her S. iiuovnh Oil Slnuim I'll skell oil Texon . ... Ml NINO Abisloi llr f'oltiinbU . Iloeton g. Montana e'reason ilolil . . Crescent MacNamara ... Kureka Croesus lioldflelii rioreiico Ilurmlll Divide Ken I ..k' . Knox luvlde I.a line,. Mo ni; Mellitcre Nation il Tin Nevada Oi htr NIplesliiK I'ortland I anal Hay Ilrc ule. .... Silver KinK Cuna Ml ,1111 1' 1 li Tollnpah Divide . , . . lonop ib L'xte union I'niou j.asiern . . . . M'est lii.d Con 1IONDS Allied Packer 1h . . , Allied Puckers .Is ctfs . . mer Tel .is 1I.2J Amer T, I lis lUJl . .. Anaconda cU Aiislo-Ainer 7'n . . . Armour 7h . llolh Ste.l 7h ItUR llelb Sie-l 7h lli'Jl Copier Kxp rl Ss 10J2 Ci.ppci llxport Ss 1IU.I I oppei KxiMirl si illJI Copper llxport Si UU.'. Uoodrleb 'ilru 7s clr.ind '1 runk tl'ia Cjulf Oil 7k lleln? Co 7e . . Humble Oil 7a Interim) o 7s Morris 7'jh . . . . Nat i leak s N Y N II (t II Js .. litis Mtil Sm I'llMlppIni .'i'i braiH-llo. bu k 7h 11121 Southern lie lis Solltbw. at Hell Ti 1 7s Stand Oil 7 N Y 11.2:. Swift c o 7s 11.31 Hw-ift 7h 11 JS ToMe i l n ". , . . . I'nlted hi ut sh ... ot l.ki 7u llambuiL- IV;s . . . Swlau u'.is . 7S .'10 . 2S . un .i'k it.-. : ft SI tl 1.1 . 7'. . II'. . II v . Ul . t'J . II. . 7'i I .' r."i . i.'. :t'4 ii 'i . Ill 7H no j OH 7S in1). 1.1 7 II 'i IIVi IM) l 1S. 1 Ti. 2.X a 10 ii'. .-.ii 117 7S :,l!s ns i. ft Sll It 1.1 7 H'4 01 14 is 7 a 14 at (IS l'j s a 1 :iu in :i4 HI 11 i'i .'.7 211 I'i li' 21 70 I 7 14 2' 7 . II . 4114 lSJ4 . Iis. . ss'J .lOOH . HSN' . !M 11)0 1011 looji lilt's 10 4 mm . i.7 H7H 1D0 H7X, . 7(14 I1111.J 1.14 :m' . us 4 ns Ion (174 , 1.7 ln-'i. . '17 s. II7, 101) Kill at mi (. lis 111 id 11 i' r.i "n j i 70 1 711 & Ti 114 1 ."il .11 IHI 14 s .Hi ie. is .14 in 11 14 .-I JH T' j 1 70 1 .0 g jmeffi Those seeking, our help or advice are never dealt with through intermediaries, but by our officers direct. When rt mnn or womnn takes his or hor time to come to us, we consider it only courteous that tho officer xvho is best fitted to handle thoir problem should open tho doors of his inner office to them. North Philadelphia Trust, Co. Broad St. and Germantown Ave. Above Erie Ave., Philadelphia jpIh II V B 1 1 1 1 Province of' Alberta Gunrnnterd Thirty Year 6 Bonds Issued by LethbridRe Northern Irrigation District Due May 1st, 1951. Principal and Interest Payable ln New York. The Government of the Prov ince of Alberta has' by endorse ment provided for a full and un qualified (,'uaranteo of the pay ment of tho principal and inter est of these bonds. Price: 87.ii2 and interest Yielding 7 (Payment In United Stales Funds) Write for Circular P-823 Wood, Gundy & Co. Incorporated 14 Wall Street, New York Toronto Montreal London, r.nir. Wlnnlpci stoHon sjy r , Market ah f CllyHall J i. a. PtooJo.. i 2fiT 1 -s i 1 i Hrrj Ul in Offices of J Ffl'tfovern MiCotnfiriy I1J0J reon U 4;i4 lis 1t (ISlx SS' lllll'i I)s4 t)t 111.) 100 100 101 101s. llfll, 1171 1.74 100 117. 711 1.U4 11.14 .1IJ. 114 PS ion H74 1.7 102. in.' ", 117s, 'I7, : i:i4 us1; lIS'-j ss'i lftlll. lis", II I 1110 inn's 10U. 1014 101s! IHI", 1.7 V, 'i74 100 i.7. 7H4 II'. I, '.il4 .',.!'. IIS l ns inn 117I3 07 '., Hi'J Kill ff' im. Ion lomj icon 11. 114 114 ss', ssi; ss'i later raonJht with only a Mattered df!- 'it nisnd In evidence aud that coining uioj Jloslon . . . . n "4 Naw York . . 54 rhlladlphlo .. . r4 Cleveland H4 lllchmond JJ Atlanta ChlcanTO Ht liula .... Minneapolis . . . Kansas City Han Kranclsco. (1 II n 64 4 i n ti .1 .1 .14 r.' f.ii .-4 r.i? (14 .14 .14 .14 .1 II n it 11 .1 l l4 1,4 II 11 r. 14 .14 S4 Liverpool Cotton Liverpool. Auir 23 There was 11 fair la iiuest for spot cotton todaj with prices firm on tho basis of an advarve of 2.1 points for middling at S 73d lhe sales vvero SO 00 ...I.. Tl.a rerelDts weru loan Imle.. nnn American, tuturcs were quiet in thq early rteallngs. Spot price vvero American, mid. dllnk, fftlr.', ll.iSd; Rood middling, li.DSd: fully tafiim. t.lld: middling, 8,7Sdi low mlddlln. T.fiSdi lood ordlnury, 0,V3d, and ordinary, U.lSd. , '.or. Vs, " months n.l ,1 jUIW, ., A9a. ciaie.l (HI Cinnpaiiv t.i.nriM turinus after interest. IVderal taxes aim rs"r!eH for tie' prijlivtlon iltpltlon el. fl (ill) 7.11. equlvu. ..it lo I, .111 a shun , ih j.)., 7,-,-, Miu'cVnl. 1 ,'1'1111' compa.., win J:i il.'ll H2, or l'l'U " '" ' """ "I'uiaIHik period of Tinan.ia! statern.nt , ,,f viae 1 for Culled Mat's Mall siv .iniahli. 1 omnaiiv sb.-w a a delklt of $cii 1,,-, u sL'ows hS I .?. wstlinllt of 11 LhcK for IJilOOll shares ill Criiice and Canad 1 oil rri!isi,..ri.iii,,7. .".!,: I.anj, valued at J3MI odd ami int of I'ratico aii I anada Hicunshli, ( omnunv m ...,.." antee 13111)000 Other uareta Inelud?. n, shown by the sl.iteiniiit SJ.Io 000 in notea r.'t el l able from oilier eollluanlea under rnn. (lol of Hi. JIii)r MuIiIiikis ve ere mainly bills pioablu to other eonipanles for sorvlcea and supplies used In up. ration of the vessels" For the quarter . nde lunr ,10 lntornitlonhl Cement Corporation shown n, t Income after .li trues and taxes of Jus 111s equivalent to M 2'. a share earned oi, the JUs 421. aharee of capital stock of no par value Thl ompui'i with net Im m uf Illlil iliin nr J.s." ';.Hn''re'!" !"' l''-"ilin quarter. 'and 1.11, .ul or 12 09 a xlMie 1 arned on the 2.IJ 01 1 share of capital stork, in the Juno I'.i.'ii quart, r. .Set In.ome for the six months ended wllh June t ,taled SSI. S71 or fa I'. 11 share. Nit earnings of the reel, nil HeK.,rve' 11 ink of Kansas 1 it show a barn (bcreaka is a .eautt of Iha gloat shrinkaue in Its loans and suspensions of prouies.lie rale plan. Net for AiiKUet promises to be only 11(10,1100 nr 1170 . 000, e.oinpare.1 won jiion.iS m the same month last ear Loans of the bank ahow a chemise of nbout HOI.,0110 00 fiom a sear unci hut Federal Ileservv.. uu a borrower then, and paid out considerable In Interest to other etntral h.ei.ks N, t camions of hank In July wero I2SJ 117 compared with $.1.11 -1)PI In tho same inoinb a jear aeo BANK CLEARINGS Hank clearlnns today compared with 1 or respondlri; day last two eiis 1H2I 11.20 mill I't.lla. 1112 11(10.(1110 ITI, Hill HIT $.11 IHr, I..1 llcsloii 3S UU SOL' 33.411 737 .111,3.111 3 )" Prices Improve on Paris Bourse Varls, Amr. 23. Prices showed lomi im, ,AVamt.l on the llourse tnilav Tk... JT cent rtntM. DOC ROc. Exeriansj on London. tit 01c. Plvo pet eenfloin. Hf ISc. Thi dollar w quotedJt llf,Ttfc ' ln LONDON STOCK MARKET Gilt-Edged Section Dull Dollar Se curities rirm Industrials Listless liondon, Ant;. 'JH. A liesitiitlnn ten dency was displayed on llie .Stock K (littnuo todaj and the iiiiukets ceiiernlly veie quiet (illt -edged securities were dull, deepite the lacU condllioiis in (he inoncv iniirld't Home mils were linn and n sinned their ndvnnciiiK lendein v. A til in tone pievailed in dollar seen ilties iii sinvpathy with the forelRii ox chiniKi' hitnatlon in Xevv Yoik. Ai Keiitine Itailvvflj issues were tpiiet with a tendciiev low ard hlKher levels, Prem h loans were dull and there was n mm,. 1I11 ei fill feelliiK in the kaHii's nt sliejlit udvimees Tlieie was 1111 npi(nriini e of 1111 over sold condition in the oil shnies anil small upturns fiom the previous close wen' noted Shell Tinnsport and Tiad lux was 111-11! and Mexnnn V.aki 1 ll-ltt Hubber issues weie steadier in e.iiiipiiihv vviili some impioveiiient in tile staple IndilMlliil shines, ceiiernllv, vv listless ami dull, Hudson's I tin vvas (jiiotcil at i :i-lll Little Demand for Granulated Sugar New lork, Auk 23 --Apart from 1. further redui linn of 111 points In Iho price or Its . lined product to el SO cents, less a iVr 'cent nc,?,',' ,,""hounced by the Fe'deral Huiaf .-e.'i ....!...- J-..;"" :.,'. 111 Keystone 6s Every man knows that the holder of the mortgage on his homo is well protected. The mortgage provides part of the purchase price. Equipment securities provide part payment for equipment with which to do business. No form of corporate investment has proven safer. We are selling Keystone Tele phone Company Equipment- trust Uertmcates to yield 7. GO',; tax free in Pennsylvania. HARPER &TURNER Investment Ilankcrs Members of I'MlailelphUi Stock Exchange Stock Exchange Building ri flcrtmiou rmiaucipma r.endlng Do You know how to trade correctly in the Stock Market? Wo have issued a book on the subject. Write for it. L-22. J. F. McGOVERN & CO. Members of rhlln, .Slock KvchiW Spruce 6110 Hare MU Orders etrrntrd In nil Mirkell New York! 33 Ilroadway 1 Clin irinir., ii,ui,,.-L ..iiitins uncnalil,ed, with . Vinerlcan. National and Warner Huu-ar llo nn li ik Companies quotum II I r. .enis ,,,,,t Aibu.kl llroihers il.or, cents all hi. " .Ve cent for c.sb for fllij Bianulalnl 'It,; . mand Is rather qulei there helna u ii ,, sitliin on Ih. part of l.ueery .,, ...n r....i "'. v ANNOUNCEMENT IV e wish to ridelfe our customers, frl nils and the public also custom ers and friends of !s llroihers, that vee have obtaihfd 1'ie premises, 4iu Noiib Second sir. et nicupled or fifty 1 ars lij Ituhard II Day and bis partners to I'el.ruaij I lt.21 'lha luupuiv has I., en used one bundled eeurs as an lion and Steel Ware bouse This will add to our n.esenl farll lil.s und business will l .. inducted from both n.l'lressi h , here full sl.ieka will be turned Incluilln speeiallles In Chimin la Win. etc Ue aio well und fi.wuahb known for our cuinprehenshe business lu Htecl and Iron, us well as llorao Mhoera and Ubvi ksmllbs .Supplies All Inqulrlis will re. . w prom , careful nnd Immediate attention and ail orders will bu Hlled with care nnd dispatch We take this neiahlou lo iiank our f.lends fm their hearty support unci deairlni; continuum o of our friendly leUtlous .iy lrul uuta DONNELLY & CO. .';..,0vH".r ',trK- I'hllKdelnlili lib Norlli Kecunil Htreet, I'bllu, AUKUSl 1 lli'Jl Helping Investors to select suitable securities is the primary duty of n reliable investment banker. Obviously such a sorvicc can be rendered to the best advantage by bankers who own and offer diversified list of Government, Municipal, Kailroad, Public Utility and Industrial bonds nnd notes nnd n selected list of preferred stocks MVifc for our Investment Suggestions No. 110 A. B. Leach & Co., Inc. Investment Securities 115 South Fourth St. Ucll Telephone, Lombard 0257 """.""'"" ".' raes sugar market Is ..lilt. a. n.l tin. h.i ni... .. ll 'i" " i ... "'.,,."s.'. .,, , T4 le.lis, c I C I It , J ..ni",. ...,.., u i.i..ii.niiay mc lulled 40,111)0 biua l.ul,f"k i""L n0" il'V l,"r, tl'oos I.. , National Himar IteDn nu Company" ;(! n o H ... w.s,,wt ivimjii urnum i'uria iiiooM in Hi' rarner Sugar nednlng Compunyi SO.OO bajts Porto ftlcoi to th Amtriean ftunr Ri ' iASSVJSSL' A"5 "jMP .AW.5u.'."'H C. a. PA'JLTOM &, CO. ff rilKHTNUT 8Tt. 1.ANKEUS nncemtors In kbVKNBOM ana Mt niJa. ami StetOj Voaubt 1'l.llf vwierk UANUISU0 Dealers in Investment Securitie .Ueiubera New Vork oad rhlknt'I'M ttotk Ktchangf 321 Chottnul St., PhlladalpH FRENCH GOVERNMENT 72s 1941 FnwflRn L0WBER STOKES M.i.l.rr I'lilla. HtocU KVilifi'?! ",l l B. Illlil HT. Mills I CIIAltTIs .bow dully irrlinlciil rf seiuillles Tr-eirrs "'"' lltril In nut frrr vrii'Jlnntio F. W. UNGt-K tlon, I.UH r,ori i f i.atftmA,ai Anal U0 H, 1TK t, il "WI rf .,,, .. VVHk9 WUIIKU94 m unporicrf ....! - 4 xt -V int .Kit. .
Significant historical Pennsylvania newspapers