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'
MARKET WEAKENED'
AFTER EARLY RALLY
Motive for the Week's Neces
sitous Liquidating Movement
Romalns Undisclosed
New York, Auk. 27 After estab
lishing further advances nt the opening
at the continued expense of the short
Interest todny's stock mnrket not onlv
developed considerable lrreKulnrity, but J
there nlso cropped out in "i-ntterinc J
part of the list fresh wenkness. The
instability of the llt rellected weaken
nliiB of teehnicnl position ns result of
the rounding up of the hort interest
yesterday. It likewise disclosed the ,
impoverished buying power nnd th
conferment inability to follow up the
recoveries.
The rebound of the two oieceuing
EVENING PUBLIC LEDGER PHILADELPHIA, SATURDAY, AUGUST 27, 1921,
;
NEW YORK STOCK EXCHANGE TRANSACTIONS
Sessions invited liberal realisation of .
profits, while nt tlie snme time quite a
number of specialties' recurrent sinking ,
spells indicated further ncccsltifii j
liquidation. Quick eancellntloh of the;
ImIiI.I I.................... ..li .1 ...! 1.. .1... '
initial iiuiii u I'uiviiL iuuui i-ii, mm ill 'in
tobneco, ougnr. rubber and textile is
ues brenks of 1, to nearly .'I points
were sustained. The trading was on it
fnlrly active scale during the tlrsf hour,
but after that period there was n
marked contraction In the denlines.
The week's market gave everv symp-
torn of having the "fed" of something i
of on unfavorable nature impending in
corporation nffnirs. There uns not an
inkling of the character of the scented
disturbance nnd the very mjsterlous
ness of the overhnnging trouble, if
there rcnllj was on, nnttirnlh was
productive of u snn.se cf uneasiness As
ft matter of fact, the opinion wits open
ly expressed even in the most conserv
ative circles that if there was renllv
anything unsettling impending it would
be better for nil hands to let it he
known nnd gotten over with The
greatest surgeons say anticipation i
invariably the hardest part of an oper
ation. The idea of trouble was perhaps
intensified to n large extent l rea
son of the continued so-culled "dls
tressed" or "noeessitioiis'' veiling It
used to be called forced lliiuldiition.
That is to say. the selling nut of spec
ulative accounts which hail been un
paired by innbilitv or -oftial to meet
additional ninrgina! falls
There are man) reasons, however.
for supposing tins "necessitous" was
liot nlone confined to the unfortunate
position of over-extended sperulathe ac
counts; on the contrary, ample testi
mony wns given in the character of th"
dealings to suggest unite a good deal
of It came from different reasons One
was the thawing out of the frequently
used application of "frown credits." in
cluding the loans of n number of bob
tailed pools and other speculative com
binations who took prominent pnrt in
the market orgies of several c:ii- ago.
Another was the M'lling for tat pur
poses. That is for people who were
unable otherwise to ncipiire sufficient
funds to meet the third installment of
the income tn pavment next month.
Then there wns evidence indicating so
called financial geniuses hnd found their
mountains of fancied wealth nothing
but papier mnche nnd appointed trus
tees were finding it compulsnrj to dis
pose of real marketable goods to plug
up the holes of less negotiable stuff.
By reason of its nncmic condition
tho market continues highlv sensitive to
all pressure and disappointments, the
freatest in the latter sense being the
ailure to carry through the post-election
promises of quick remedial legis
lation to bolster up the longuishing
business conditions of the country. The
procrastinating attitude of Ponsress
unquestionably upset carefully prepared
constrictive plans, which now. of
course, must be deferred until fresh
measurements are made of the Iegis.
latlvc possibilities.
Despite the troubled surface waters
many elements of encouragement are to
b derived upon closer examination and
analysis of fundamental nnd basic con
ditions. While almost imperceptible.
there is consistent improvement being
made in all directions. Whether sep
arately or collectively, they nil combine
to steadily strengthen not only the in
herent position of the security markets,
but can be unhesitatingly accepted as
a precursor of approaching iiormnlrv m
industrial and commercial conditions
and financial conditions ns well. It re
mains to be seen when the-c potent in
fluences will have reached .sufficient mo
mentum to overcome the irritating and
temporary surface events
"NEW BOTTOM FOR
LAKE SUPERIOR
Dlv.
In I' Hlh
. Advance Itumely .... HM
Air Heductlon 31Vi
.. Alaska Gold Mines... Vi
.. Alaska Juneau O M.. U4
4 Allied Cliem & Dyo... 30T,
Allls-Chalmers 20 H
Am Agrlc Chem 30
..Am Beet Sugar 37 W
Am Can SS4
" Am Can pt inv
8 Am Ico. MJ4
. Ant Internat Corp.... 27
1 Am I.ocomotlvo ....
.. Am Safety Razor.... ."Us
Am Ship & Com i
Am Smelt and Hef... 3t
3 Am Steel Foundries. . "1
1 Am Steel Fdvs pf 7S
Am Sugar Hot 6"JS
7 Am Sugar lief pf.... ss
a Am Sumatra 40)4
0 Am Tel & Tel 10
17 Am Tobneco l'
a Am Tobacco pt new.. HS'i
17 Am ToTjtloco B 1?0
7 Am Woolen 70J4
.. Am Writing Taper pt 71 i
.. Anaconda Co.iper ... 33
0 Atch Top Santa Fo. Js
.. Atl Clulf & W I S S.. l'S
Atlantic l'et
7 B.ildvvln Locomotive .
. . Baltimore & Ohio. . . .
4 Baltimore ft Ohio pt
Bethlehem Steel 7V .
A Bethlehem Steel B .
.. Butt Copper & Zlno.
.. Caddo Central O It.
2 fal Zinc & tynd
a California Packing . .
.. California Petroleum.
7 California Petrel pf. .
. . Central Leather
. . Central I.enther pf. . .
o Chandler Motors . . . .
.. Chesapeake & Ohio..
. . Chicago & Or West. .
. . Ch' & Or West pf
. Chi Mil & St V
.. Chi Mil & St V vt....
8 Chi & Northwestern. .
. Ch' It 1 & Pnc
! CM H I S Pac 7 pf.
. . Chile Copper
.. Chlno Copper
. Coca-Coin
t'olum Oas & Elec. . . .
. . Columbia Oraphophon'
.. Col Oraphophone pf . .
. . t'onsol TeMlle
7 Continental Can . . . .
.. Continental Candy ,.
5 Corn Products Hef...
l.-.flO
200
lino
coo
2000
not)
101
.".oo
100
too
liuno
nno
too
11)0
ion
11400
11700
1000
.10.1
1000
100
1HIHI
100
Mil
1111
2oa
100
100
20 'I
1S0II
400
ltd!)
100
200
2S30
100
TOMl
I0'4
74
30 ?a
.VI
EOI4
4S'2
4
4
02 S
37 ',j
72 'j
nii
42 "j
52 14
1.i4
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3SI,
(II 'i
31 U
7.V'e
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20 'j
33 Vz
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3
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30
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(15 1 i
21 2
S31l
13j0
Low C'oso C
mi mi-
31 2 3114
1 Vi 1 Vi
30Ji 3BJJ
20 Vt 20 ;
2RJ4 3',-8 -
27(4 1-
25 2fi
70 !4 7'4-
A'JJ4 2'4 (
20 2
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3?s ay
r,it 7 -
3H4 31V4-
22 22
7S 7S -
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37 V4 3S1'2-
10J14 10JW
121 121 -
80 HSt4 I-
120 120 I-
(lslj C0l3-
22 s4 22 4 4
33 U 33 Vi '
Si'-i 81'4-
2014 20'2-
1014 inn
72 34 73 '1 -
anij 30 'j
."0 30
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4 4
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4 f
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31 31'j-l
72V2 72 4-1
21 4 34 i
III 01S 1
4t4 421',--51
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74 7)i '
13?8 l"'34
23 2.1
37 4 3S 1
04 4 (MS h
30M 30JJ-
:r,r 7.-.T,
!ls 0a4 f
70?i 20-1
324 33S-
52 ?i 52 'i -
3 4 3?
1.1 13'g f-
13 13 -
30 3IS -i
Today's N"t
f-'nae.
Vi
H
1M
1
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V
V
V4
i
',
Vi
15
'3
IVi
4
?4
Vi
'2
'i
'A
SMe
tOlHt
ra AM
10,1
3100
200
000
Dlv.
In I
High
Island Oil ... 2t4
. Kansas city Southern 24 Vt
4 Kansas City So pf.... 49
4 Kelly-Sprlngfield Tiro. 30?4
Kennecott Copper
Keystone T & It.,
l'i
'4
. 1
100 3. CO Lehigh Vallev
3100 .. Loowo Co ,
300 7 Manhnttnn Elcv guar.
100 .. Market St Rwy pr pf.
too .. Math Alkali
10500 i Mexican Petroleum ..
100 2 Miami Copper
fiftO 1 fjo Mlddlo States Corp.
.iuii
100
1000
303
200
100
200
1000
100
7500
500
2000
200
100
100
100
200
1000
300
107
H.00
000
ten
11)0
a .m
lsoo
soo
100
too
30.)
001)
10.)
2507
50.7
ion
1500
2011
100
Mldvnle Steel
. Mo Kansas & Texas..
, . Missouri Pacific
, . Missouri Pacific pf..
7 Nat Knnm & Stamp
N'nt It It of Mex 2d pT
. Nev Con Copper ....
S New York Central. . . .
3 Nmv York Dock pf...
. Now York N II & II. .
5 North American
7 Northern Pacific
. Okla Prod & Hef
2 Orpheum Circuit ....
2 Owens BottllnR
. Pacific Devel Corp...
Pacific Oil
0 Pan-Amer Petrol
0 Pan-Amer B
. Panhandle
2 lennsy'. inln R It....
. Pinn Senboarvl Steel..
Per- Marinette
S Philadelphia Co
. Phillips Pet
Pierce. Arrow Motor
17 V,
13
50
HH
434
27 V4
12
S5K
10
It
23
t'4
1ft
37
31 H
3?'.
on
70Ii
32
13'.
C7 j
73
l'i
iVi
31
Vi
3IJ4
43
4;
0
37 H
7M
IS
20 1
70
to 54
.. Plerce-Arrow Mot pf. 234
.. Pierce Oil 0 4
3 Pierce Oil pf 37 4
.. Pressed Steel Car.... 31 V4
8 Pullman 02
. . Punta Alegre Sugar.. 2S4
4 Pure Oil 21
B Railway steel Spring. 754
. . Hay Con Copper 11 M
4 Rending C0H
. . Republic Iron & Steel it
7 Renub Iron fc Steel pf 80
1300 3.20 Royul Dutch Amor. . . 4S
400 .. St IxjuIb San Fran... 23i
200 .. St Louis ,c Southwest 2314
4 Crucihlo Steel ....
Cuban Am Sugar
. . Cuban Cane Sugar. . . s
. Cuban Cane Sugar pf lt
4 rnvlon Chemical ... 1 H
10 Del Lack & 'Western.. 03
1 Pome Mines 10 '2
5 irndlcott-Johnsou .... 59
.. Hrle 13
.. Krie lt pf Is
. Krle 2d pf 11H
S Famous Plavers L.... H
8 Farrous Plavers L pf vi
. . Flsk Rubber
, . Freeport Teas
. . Gaston Wms & Wig.
. . General Asphalt . . .
8 General Klectrlo ....
1 General Motors
. Goodrich B F
7 Goodrich B F pf 72
. Granb Consol M & M 15 a
7 Great Northern pf . . . . 71 H
4 Great North Ore ctfs. 27 H
Houston Oil
7 Illinois Central ,
Inill.ihomn Ref
Indl.in Refining
Inspiration Con Cop.. 30
Inter Cons pf 014
Int Harvester new.... 711
Int Mer Marine hfo
Int Mer Marine pf . . . . 3!a
Internat Motortruck.. 27 4
International Nlcitei., 12
International Paper .. 42 14
InMticiblo Oil Corp... sa
0U
1015
U
44,
IIS
UJ4
30
434
03
2 'a
(13 4
23 Vt
32 4
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74
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104
53
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134
59 4
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154
714
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45 4
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. Saxon Motor
. Scars-Roebuck
. Sinclair Oil
. Sloss-Sheffield
0 Southern Pnclflc ... .
. Southern Rail
7 Stand Oil ot N J pf..
7 Stlldcbnker
1 Submarine Boat Corp.
. Superior Oil Corp. . . .
. Tenn Cop & Chem....
S Texas Co
Texas & Pacific
1 Texas & Pnc C & ()..
0 Tobacco Products . . . .
, . Trans Con Oil
. Twin City R T
. Union Oil
4 Union Pacific pf
8 United Drug
0 United Fruit
. United Rwy Imest
United Rwy Invest pf
3 United Retail Storm.,
4 U S Ind Alcohol
. U s Realty & Imp. . . .
. U S Rubber
s U S Rubber 1st pf
BUS Steel
1 Utah Copper
. Vanadium Corp
. Vn-Car Chemical . . . .
. Va-Car Chemical pf..
. Vhadou Ino
. Wabash
. Wabash pf A
. Wistcm Pacific
. Western Mar) laud ..
7 Western Union Tel...
4 Westinghouso K te M.
. Wheeling & L E
4 White Motor
. Wilbs-ovcrlnnd
. Wisconsin Central . . .
a Woiuilngton Pump ..
3
024
18
33 4
77
104
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70V4
4 4
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Today's Nl
CIom Chge.
34- V4
24 -
30U-1TJ4-11H
50
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3V4
37V4
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70-t- Vi
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73 4- Vi
Ui h V
1BV4 1V4
38 1
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40 4
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20 4
10V4 234
04
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Vi
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334
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CURB'S IOPIRICES
NOT MAINTAINED,
1
1
NEW YORK BOND SALES
CSALCS IN 11000
Realizing Sales Bring Declines.
Oils the Feature Mines
Moderately Active
New Inrli, Aug. 27. Renewed firm
ne.s developed nt flic outlet in the Curb
market today with n fnlrly good In
tin try for n number of the higher priced
Ixues. although considerable realizing
developed nfler lilqh levels were reached.
This brought about sunnH mictions from
the beit.
Oil ngnln featured the trading, al
though it good Inquiry wan shown for
Mime of the miscellaneous lusuef. 'I'hure
wiih nn urgent detnnnd for I'roditcers
nnd Refiners due In pnrt to application
made by the coinpan) for listing on the
blZ h'JIU'll. Aftnl. mi ii.l...... ,f M .1...
- . r ... ...... .... ,.J,h,llll ,,l - III"
Mock etiord ofT sllglitlv. Stnndiird Oil
ot imiinnii. after renewed Hrengtli.
ii No reacted on- profit-tnklng. .Slmtiis
Petroleum was fmrtJuiiiilly higher.
TitleH Service common moved up u half
while (Jillilnnd wns under pressure,
)i elding .
Ill till t1l1ftnlltlt1m,n nHA.... .I til
... '-' luiiun IIMII 1I'I1 .lllll'll
1 W-rii "n i R0"(I s"I,I"rt' ndvnnclng
i r'i . mum siocks were sllglitly
,-R. '; U,li,(,I fitn''" StPiimsblp nnd
I nitfil States Ship Corporation con
tinued heavy. Itilted l'mut -Sharing
WI1F II Mtnrfo rnblnt 1 11... .1,1....
oontlnucd heavy around' previous low
llllll l-.
Mining shnrcs nere moderntelv iictlve,
Willi only slicrht nri.w. ,.l.,i..,.t ,,u ,,
rule.
INIH'STUIAI.s
H'uh
X
V
Vi
Ke
1
..Vfinf. Phc inr . .
Ilrlt.AfTiar T..V. rt... '
... - .. tuuijuii
i iii Mnim'i.
mm riniihii. prof . , . '
IVnior R f) prcf -
l.nuilrn Kood , . ,
Uli-n Allien Coil ,,'
(loMh)n rictiirtu . . . .
rnrsnns Auto ...
Iln.llu Pom
Ilndlo Com prcf '."
HcpuWlP Tiro Sul .
.eT,rroC,,al..i Uo"
i; .snip cmp ..;;;;
i Miintn
LnltPU Itetnll Candy ..
v .Uim i oal ...
In't Hnd Chem
us
114
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411
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Am'n ABrq'l 4
cnem 7'i
1 (inle) 00
5 (nle) 00 Vi
A 8 & H'e aa
1 7fl?i
4..... 701
21 77
Atnn T A T olt
1 B1H
B Rli
Aran T&TBi
1 nrn
3 8B!t
2 BV
Amn T&TOi
3.... 100
1.... 100
1 ... MOtt
Arm.ur 4'4s
1 81
Aru'o Itep'e 0"
1 COW
A T ft H 1' HJ
t 71U
A T & S Fe 4i
2 .... 77
1 .... 771.
1 77'i
Alch T & H l'o
cv 4n '00
1 HI
A C 1. cv ct
2 14
A Coast 1. I"
1 70
Atl'o Trull 7
1 3.1 i
Atlantic llet'u
ct lV,n
3 ... 1014
4 10H4
1.... 1014
Unit ft Ohio ov
1 70
ft .... 70
Unit ft Ohio !
l nn
'-' 09
Hindi Uld'R .Ii
1 7B
mit i Ohio (i
1 .... 00.
Halt A Ohio ,11
2.... 7H,
Unit A Ohio a
W'n 11 U
1 ... 83
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1.
1.,
II A
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.. 824
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STAXIIAHU OILS
Mn ml Oil of Indlnn.i c,7, 074 074
iMi:ri:Nir..T uii.s
Atlantic I'ct !. ..i ..i
H
H
Vi
Ja
Vi
1?i
Th ii f.ir il n'wk, 3 O02 .ion Hi.irea.
Philadelphia Stocks
DROP IN RUBBER EARNINGS
Commodity Markets
Clod? i nut
:tl 't
lnntriii it i :n :u
I'Jl KlecStor Hi."? JD.'i
".",.". Lake Sun li's ":,i
s l.eh Nov. C I (!'!' HI -
1.1 l.eh Vol. -l!)-i, 4H"i, 4!H,
It) I'a C-tit
Light pf Ar, 1.1 4.-1 .
474 i.i it it. :i7's .'f7, :i7i....
10 Phila Klec
pref. '-Mi's '-Vp's -H's.
1.11 Phila RT 10 l."i''t HI .
I!?.-Tono H.'l IA ItVi IA.
37 Vn True IIOUj .10ts .".O';
!H)!1 I'll Tine. :1i, .10i, ,",ll..
t.svi rhftnct. mail- In
sale on New nr.. -ft
Total Hi'.' l'.';t"
3701 h.i.. 't'T . ii
21 527 fhart .
GRAIN MARKET
Chicago, Aug. 27. --September wheat
In :,ic lower; December 1f
tnparion with luM
k Kxrhnnki
mpuri. I v Ih
ir thl m tek
Six Months' Deficit From Operations
Is $4,875,223
New Yiuli. Aim. L'7 - -1'nr iv iii'Uillis
einksl .lune llil the 1'nilcl State Rub- '',rt,H' '
b.r C.uipiin vIioh. a ib-ti.it from p..r- '" ' -"; ;f- '"' Ml1 ''' 1'nver. Trade
, ,.. , t . ii . . .i "' 'lull, with Mime bii)lug by houses
all. .Hi d M.. .i.-.. after all liifre-t I hl.llivi,(1 , b lv,gmK gnin-t Miles for
ami other liars'-. i export lute jestenht) . Selling is by
In n "-tateliieiit to Mm Miolder- C I! ' ciinti-)- Iiiiiim's.
Segi-r. president. mis in pni l : "Itliasi Coin htnrled un.-hiir.geil fur Seplem
tieeti the pinetice of the I'lilted States I "T mid 'se to 'ic lower for Ueeeinber.
Hiihber Compnin sinee llllll to n.lvise ' Trade was llglit. with (oinmislon
its tockholdeis a to the u'miIi- of hoiiM-s on both Miles.
..lieiatiiuis iluriiisr the lii ,t Ms month-' M- butted unchnnge.l t.. 'sc lower
.if the ciilendur imr. as iii-iimi.ti nsiwltli light, featureless trail.
lis im-Mble alter tin- i lov of the perind.
The foll.iwim: t,itemeiit lel.ites t.i the
nrnr s
Th
six m. nihs i.f tin. tiilemlnr
ar,
Surrounding Conditions Cause
Local Contingent to Stick
to W atch ful Waiting
There were only two developments in
todny's local market worthy of com
ment. One was the establishment of ,i
new low record for nil times In J.nke
Superior Corporation nt .I',. I'lin
other was the recurrent liquidation of
U. O. I., cnusing thnt stock to iehl
to 30U, or a Utile mer a point above
the low record of the )ear. The
.lot
.lots
.lots
7. "50
!IV71
71
ion,
s.- ,
v.' .
Kill '
S7
SOL. ,
hri-t
P.i'Jl
"Hiisluess of the company, by reii.in
of tln nature nf the ctiuituodities
hnnilled, is siihjeet tn seasunni mii -tions,
uml is iieeesMiril) conducted ami
must he i niisuli-ieil mi a early basis.
Therefore, the results for any periuil
f a ) ear are nut . it luslve and might
lendih be misleading, unless consilient
tlon lh given to t!ie i onilitiiuis under
whicli the results were prodmed.
"The Imsiness re. ihiun tiiut st.ineil
jr.' niei. rompri ''jl'J '-1 during the Iiim half of llilil) contiinud
.luring the UrM linlf of lll'Jl, with some
itnpri.M'inent, however, in the latter
pint of lhat period. In order tn meet
this Munition and consone cnh re
K.nirci s to thu greatest poible eMetit
mnnufiii turing operations were e.irt.u e.
to the minimum consistent with actual
rc.piin tneiit This leMiltfil 111 111 n i--ing
the cost i.f i.r.idu. twu. due pi.n
. lpnll) to at. sorbins Nie-e "lenient, .f
i.vi'rhen.l expenses will. Ii could lint he
eliminated.
"I-, lis I I t 1 1 1' in!' I he r-1 1 1 1 I f tin In '
Hill. UII'.I. l'lll IIDMls
10000 I.ibetty lid l'i '1. . .
lOOil Victory 4;lis 'L'.'! ....
10110 Amer (ins v niectrle ,'s.
(!0(I0 Hell Telephone 7s. .
.'.00 City 4s 104.1 reg .
.'00 City 4s 1IU7 reg. ..
0000 Penns)lvnnin (Ps. . ,
lil 100 Phila Kleetrlc 1st .",
1000 Phila Kleetrlc 1st ."
'I Hal,
lerdn
Vi'hPftt- Opnn IIIkIi Low fos
optembcr .. I 1U4 1 21J4 111 1 .'1
I nil-l 1 2li4 1 234 1 .'.i 1 2.'
r..rn
Se;.t.tn'.r 31 ' .M4 .'.l'i
Ij. " ... :l. ." M ;,!
nat--
. . .. ..r .. 314 :t:. 3i4 314
li-i.n.rr 37 3s4 IT 3sW,
I'rrU ,
i.!n.i r . 17 70
l.ard
.s..t.tcinh. r . 112" 112.1 11 "J II J-.
. ml er . 11.17 11.12 II IJ 11 37
It.!."
SptHinl'Cr .... 12.1
in I .twl 11 15 ! 17 12 (. 17
llronn fill
I oaten Wyumltiif ! .
' ar.li Hn
Carlli S)n Trjil told)
("unhlnK Pete ...
r'.!ernl Oil
(lllllanil Oil ..
(lI"nrMk oil
lleilpon oil
In p llil oil '
li.t.T I'. truleiini ...
Livlmrnton
.Iiiir-ienlho Oil
.M'irritt Oil
.M ridan l'et
.Mlilnex Oil urt'f . . '
Meunta'n l'roducls
NuMo
( mar Oil ' '
I't nnnk Oil .'.
l'i .! Ac Heilm-m
Klmm l'et
Mielly Oil
Nencir lrt
Tixon
.iiim.no
Alaska Ilrlt Polumbl i . .
llli: I.cdo . .
llenton Jtf l niuna . ...
Car.d.jlarlR .Mm
i r. Httciti Onld
i rHi.ent .MacNumari ..
El Sulvudur
Kureka Croonus
o.il.lfli Id Florenco
llccln jrinlnK
Kerr l.akn
Knux Divide
l.a ltoa.i Mlnlne
MacNumara
Mother Lnd mM )
National Tin
Novuda Oplilr . .
Silver M'nra of Anii'iica
Hllver lllll" of Nevada .
Teniipili Divide . .
L'nlted Kjst'ra
110NDS
Amn Tid iln of 22
.nniuiiua ii. ...
Aniiln Anierlran Oil
Armour 7s
lleth Steel 7s of 3.1
Chi Un Mta (14 h
ilalnna 7m
(Juodrlch Tire 7s . .
ilraiid Trunk .I'.a"
(lulf Oil 7n . .
Humble Oil 7s .. . .
Inti-rtwro 7m
1 ll.t.. Mr V..III r.
KcaiM-Hoebuck 7i
11,.,.. h.rn llv llu
svouihwoft liell 7a
S n N Y 7 of an
S O N Y 7n of 31
silft ft f'n 7b ..f 2
.swift ft .i 7m i.f 31
Teiaa ''e 7m
fnlnn OH l'rudi m
'.icu ini 7s
Wist L.I. u 7
. IS
0s
. .Ml
11.1
12
14
. 14
. 81
11
74
n
311
. ls'4
. 12
.)'"'
74
. 20
'l1
. 3,
I
. II
. 34
1
2D
21
07
21
li'.
I
1.1
3.'
37
I
M,
II
1.1
17
1
;...
2S
no
11
(17
IS
lis
I,?'
12
W.
14
sil
11
l'i
.10
ls,
11
14
20
.!
34
r.4
34
1
21
o;
2.1
!'
7
13
32
3,1
1
34
11
1.1
17
1
I'd
I'll
11
(17
2 A
IS
lis
3D
Kl
11
3d
1ST,
11
14
lleth St On '3(1
1 77 S
2 78
llrton It T 7s
1 t3
Cal O ft U 5s
1 87
Cniind'n Nth'n
04s rets
1 09',4
3 . . . til) 4
t .... rwi
3 111) 4
CnnmU'n N 7.
104
t03'i
103 4
1014
1014
Cen'l of Ga (!
2 . .. H!H,
Cermilo I'nuco
Copper 8s
1.. . 1004
C ft O cv 4
1 774
21)
14
3S
3 4
(1
34
1
2'1
21
07
23
1.'.
7
13
32
3.1
I
34
II
1.1
17
I
33
2 s
tl.l
II
07
;',
ft U cv .1
a... . t'2!
Chl ft Alt 34s
t . .. 37 4
C II ft O 04k
1 101
7.. . 1014
1 1014
1 1014
2 ... 1014
X ... mis
7 1014
2 1014
4
4
A..
I
;4x
of
.'3
!(S
1134
lii(i4
1184
'.i.l
1014
04 4
liu4
l'7i
lis
1174
7(1
li.l'i
1)7 S
1(74,
H74
1024
()1
K74
!)7
IIS",
mi4
llil
ns 4
H34
lu.i'i
lis'4
K.1
1014
K44
1)1)4
1.74
1)7 4
1'74
7ii
U.14
1)74
17'
1.74
102'j
Ml
U7 4
H74
us 4
in) 4
i.n
1..04 1...I4
ns
1.3',
iuu4
Ks4
11.1
KII4
:. 14
1K.4
1(7 4
!IH
K7'.
7(1
K54
1171s
K7H
1174
lil-'N
lil.l
K74
U7 4
IIS 7,
111(4
101
lu.i .
I 1.... 1014
I 1 1014
I 1 .. 1014
I 1 101',
fhl Mil ft l'Kt
Sound 4s
' 3 . . 004
2 . .. 1,01,
1 00 4
I 1 ..llOi,
i . 'lilcu-,. Mil ft
St Paul Is
1 .. . Oil
I 1 .. I04
! f hirnKii Mil ft
I SI 1' Is '2.1
j 2. 714
fhii-iKii Mil ,1
I Ml' iv I 'if
I 11 . . fill.
1 1 ... (11
i 3 . 0.1
2 OS
i on
1 08
1 D7'
Duqil l.lsht 0s
3 03
IJ T V 4 o en
1 83 Vi
Erie Gent I.len
42
1
1
Fin. Cen Ten
en 0s
1...
I'la II' t Coat
HUM Ms
1 70U
doodyoar Tire
,t nub'r Ht
1.... 101M
20.... 101 U
1.... 10H4
dove t French
II 74 rets
42
424
7SH
00
00V4
00
00
004
004
004
004
no4
1)0)4
004
Oove't P n Ha
1.... 100
1.... 100
1.... 100
1.
B..
n..
il..
l..
23..
.1...
1...
00 T4
1004
100
inn
004
Or'rt Trunk 7s
1.... 1034
G Nthn Illy 7s
1..
0..
1..
1..
4..
101
1004
lot
lot
101
101
11)1
101
101
mi
1(104
101
lot
101
lul
tud ft Mail f.l
11..
1..
1..
1..
1..
c.
0..
1..
11.
20.'.
I..
0..
1
07
07 4
(17
117
(17
llu J ft Mali II.
1 .... 424
l... 42
1 124
0... . 124
III Ccn'l Is '31
3 . . S3
III Com' I il'is
5 . .. 101'ij
Ills Steel 4 4
4 824
Indl'a Steel .,
2.. . UI4
B U14
1 . . HI 4
Int St ct 4V4
4..
Nth 3 rwr lis
1 .... 80',4
Oreffon 8 1 4
1 fl24
Oreion S J. 8s
3.... 100
Pao O ft E 3s
3 78
Pan A Petr'm
ft Tr Co 7s
1 80
8 83 s
renna It II i
1 87
Penna Rd 04s
101)
6...
2...
i..
IOO
100
1.1014
III')
mo
ion
1004
100
too
ioo
22.. .
1...
I...
4...
3...
4...
Pere Marat 5s
1 81
Portl'd Rwy ft
l.lsht 6s
1 084
Hep Chile tlif
DO
084
08T4
084
44s
00
00N
H Cuba 5s '0t
(1 70'.4
Itep'c of rru-
Buay 8s vvl
3
1....
B
1
11 Cuba
1.. ..
1..
1..
1
084
084
1)84
084
1184
Itlo O ft IV 4s
1 ... 004
St I. ft S V aj
1 OS
1 .... 0S4
3.. .. 08
St I. ft H P In
3.
1..
08 K
08V4
B8V4
B84
584
58?,
584
BS'A
St I. ft S fran
Series A
2 024
PI I, ft H Fran
Series II
3 7IH
St I. ft S Fran
Series C
2 . .. 804
hi I. Sow Ml 5s
1 004
st S"i iv city
S I' 44s
12 054
San Antonio
A 1' Illy 4s
1 03
Sno l'nulo nf
Ili.izll ct 8s
1 D7'n
5 D7'.4
Seab'il A 1. ill
114 Ii 2.4
114 He.lli d A ;. fil
Inlli-o II '1 fil 1 . . 384
12 ,-,!, 'Sinclair C Oil
20. .
20 .
1 .
20. .
I..
20..
1.'.
514
314
54 ,
.1 1 '4
.1 4
r.i
BIN
51 '1
54',
54 4
54 4
Int'l Acr f ,',H
4 73
I M Marine Us
1 754
Iowa Cent' I 4i
1 30 4
3 39
Jap Ouvo't 1st
3 80"4
Jap Oove't 21
5 804
I bU4
Jap Oovcn't Is
1 73
Kan C ft S ,1s
1 ... 77
1 774
Kelly Sprlnu o
Tiro Co 8s
Oirpn
5
1.
14s
. Dl
. . Dl
.. 01
. Ill
.. 004
. . DO 4
.. 0') 4
i.cllU- fd
. . 77
77
8. .
3 .
So' II
3. .
3..
So'n r.lrltlc Is
So' n 1
1..
.1..
1..
1
1 . .
4 . .
3
1 ...
1
K liell!'
I
1
.1
3
Chicago Mil A
SIP Bin 4 4s
.1 . . . 7S I
2 . . . 7S
C ,: Mv 11 l,l.M 1
Tims far tins v ne , 1.100 7'io
FOREIGN EXCHANGE
New York. A'iK -7 The opening
of the foreign exchange market this
morning disclosed an easier tone than
last night's close. Nearlv nil of the
major ex hanges. with the exception
of the S, nndinnv i.ins, showed declines.
Quotations were :
Sterling cables .1 (i'i. demand
i.O'i. franc cnbies , . . t ' . ( hei ks
cliecks
T 1 1 Tin 1.1 on i'ii 1,1 n.
i i" .. .. ..... - ... ..., i. . ..... ,
I 7 fif) 'Swiss cables lft!t.-. cheeitH 11! il'J : "" mnnr.i nt m-i tlc-iost Jt (jooils sU.il
lire cables 4.20. he. Us -l,'1;: peseta coniputed mi the biii-i .-' the ..,-n
'cables Kl 00, checks l'J.0; guilder .a- "f the fords irrml in inv.iitorv its ..f I
I hies III 'Jit. (hecks Mil's; Htorklmlin the llrst of the venr, i)1uk tl ( -t ol the I
('liristmnin ,i."oiis ninnuinctureii iliiilng tl
COTTON MARKET
New York, Aug. -7. T(ie ilnminnt
ing inlluence in the cotton market this
intimitis wns icpnrt of cooler, showery
weather in the cotton belt I nder sell
ing caused by this report the market
opened 11 to 1 fl points lnvver, followed
by rallies on renewed biiving by local
leader, wlio took profit .vesierd.iy. At
the end of the lirst liftei n minutes the
innil.et wns steadv at nbn.it In points
net lifeline, with Liverpool nnd the (Jon- ,
tineiit both buying. .
Disappointment in tin- failure of t hi-1
vvtatlnr map to i.iiilii'in nine nf the
earlj private rcpoitN of s,,jw.is le, tn
covering of lines snltl for .. rim 'inn ,iiii
1 mn (.ted ficsh demand nf a f.nrlv g. n- i
ernl nature wnicn carried priefs to new
NEW YORK BANK STATEMENT
Excess Reserve Reduced to $5,829,
580 Heavy Loan Contraction
The weekly statement of the New
York i tearing house institutions
showed n reduction of 511,1011,(11)0 in
excess icserve. bringing the uctuiil sur
plus above legal reqiiiiciiients down to
S,-),Si!l)..-S(). Loans and discounts were
cut SL'-.IUO.OOII. On the other hand,
demand deposits Iik icni-ed Sr."j.lIli,0(H),
while reserve credit at lhe Kederal Ite-i-ervc
Hunk decreiued SU.ils.ooo.
Details follow :
1
l
'in
l
3
HI",
. lei
101
N nn 7s
103
. 103
1
I fhl Ilvvy's ,1s
AvnitAGi:
l II v
f'.l.'jls
48-1 117.
I 3UJ 175
inga in tlie nrst-nameil stock were of eanien i (, ( ,m - ... ... - .,..,i , ..,......,..,, ..,,...,h ... , lugn nu mi tne venr nn .March .mil
limited proportions and prnbnblv indl-' ' ilb,"H 1:' '"" f,li,'ls M.-l "I'enli.ig. n i mi nbsoth Ug Ii st nny dej utti.in .m,,j , nntnirts. 'frndii.g. while muui-
csted idling of tirc.l holders, who Im.l l,,l,l" 1T 1L'- cl,f,'ks I'-0'- niarkf ",nt mav have r,e. ci ie, m inv , niorv i what less etive tlian during tlie hist .
been holding out in tlie hope of better M 1P'''' .- , 1 1 7 ""' "' -t "' "" ""'. '"'' "N" ,l'" 'few da.vs, was still good and included
conditions, which were knocked to I ,'""nl1 '-.uropenn exehnng. s .,"' ,' '" 't o.s i-uimifii'-t ur. .1 der ' buving tnr domestic and foi.ign tiade
mlthereens bv the reient unfavorable (',rM '" (1'" : Itll,mil,lnn '' - '" '"'-' 'he peiin-l The cost nf lii,is,e, n. count.
earning statement of that cornpanv Kiirl!1" s Au-lrinii 11 3i ; Ocerm- , goods cnrri.il nvir is nf tin ti' i ..) i . Liverpiml cable stated that lluglisli
TJ. G. I was freelv nfrered .n .ni i" I 1 tlnvnkiiin 1 IS; .lugn-Slav 1 in .it. tl.. e,ir was ( misi rvnted m the Inoini . buyers wete tnking old dm. lotion, hut
III toe ("III: I.n.'- III'! I rr , 1 1 1 , ' ii.iv.iu' tr 1, llttent nn 1,1 ......
I'vces 1 ri'Tu
AuKrejjute reserve
I... aim, etc
v'.ixh in vaults
a 11 .1 rneiirtiei
l.anliH
Hecerve in mem-
her b.inliH uml
rrserve lianlm.
Iteccrve itf stale
Minx i.n.l irusi
cuinpanles
neerv.i li State
b.iiikx ami tru'l
eninpanv depnel-
tnrlns ...
Net dein.inil le-
po.ltli 3.3a.S13
Time rlll)3ltB 21 I UK)
fireuliitlon .... 32,2-'t(
Lnlte.l si.ues
. ,-k
').'u
(ll'li
DUO
1 .11 Ht U'eeJi
iS.SIJ.I.IIJO
4 sil 22.1 IKIII
1.311.' Dll'.OOO
72 I'i'll nun
40 114 onn
fi 301, nno
s civ. ... hi
null
1
. no
72.324,000
103 3 10.000
s 305,000
S HI (IOO
3. 5112.7110,000
Ijns nun, ...in
32.1)51,01)14
4 03
I It I I' fl
3 0S'
2 OS it
r u I & )' 4
1 71",
Chlc.iL'n Union
Sta ct 0V4
Kkale) 10.1H
1 10.11.
U ... 10.Hi
Chile Cop r il
1 . . . 70
Klngilo
111,11 U
fhlnese dove 1!
Hu-K nil- 3s '
5 .. IS I
1 48
5 . .. ISS,
fin in.l St I.,
ileli.ipltN
tlueteil .
.1 e -
I'he 1. ite f premium in Monti nil t
Trnns'ietinns ' ,ln5 " '''tt '" lc Ill"ds was in I,' Id .ilch piiies it vhh believed would be 'staple.
(ties were er- ' v'r C'1'- ''',,p r!HC' ' 'H'""11 'n N," j imiiiit uui-il for tin p. ii..d of tine in - I Cott
" I Y .rk t"iiay nn Canadian funds was 7S ,..nn t 1 efliet the Inpiifitiiion 1 t -to.-Ks. ! dnj a
lmlf of tlie session, causing tlie stock to
nrop irom .11 "j 10 .Hi's.
Ih all the other local sh
funetorv.
Isotlling has trnnspired to encourage per cent.
the local trading community to hrenk vitki(1'AY s fi.vai, qi'citvtion'R
away from the Micawber attitude On the I S'erllnK Fran, a I.irn ..jiiders
conirurv not 1 oe.i am nuij.11 ..- )mm s "" .". -- 'i "'
nnrt conditions, if nnj thing, caused
the mnjority to stick clofcr to the wait-
711
Cableii Tl '' t 7H"j 4 JS , s.1 1.1
TODAYS fi'i:XISO QlOTVTIi.v
4 2s
4 JS
Intt policy. The week's operations L ,,
strikingly exemplified the impoverished I cabin
buying power and he complete absence
of an outside following, as well ns the'
inability of the market to follow up D'-mo"11
constructive develonments. Kov,.r,,i 1., l'lbl"
dividual incidents of the week at th '
same time supplied ennvinring re- '
inlnderK of the incompletion of of the
adjustment program
Hter Ini; I-'rant
3 llsVi 7 73'i
i ns'I 7 74U
Itistclld, IlovveMr, it VI1S lolilld lle.'ls.
f. ty to 11 ist.intiiillv r.d.iec se'ling
pliees Inr snlll. l'i ss.n ., in n hlllldlse. 1
1 spm illy lues (in, ineihnnii.il goods.!
'I'lii' etfei t of tl esc price r, din t mn. was j,',1,
i.k f shtillly rellecteil in thu net res'ills nt 1 I in
lies for the lut six ui.iuthb nt tli
1. r iiiiiiiern , - , , iUP,.i.
a Mh it w v.ile fnr tlie llrst six iiinullis nt llu. iikii.Ii
120 31 .3 vi'iir. in addition to wl.iili there vir. 'i
fIO.INO UL-OTATIONd ' 1. tl. . ! l 111 tlie nit icmiIu fnr the. -!
Sierllns franc. I,lr. Guilders ' ,.i, the biiK.eiis ni' the Ml-Ii ...,t f '
3 HSV4 7 7.1 i:i 31.11 ' , , , , , ., " -.
... 3 119 7 73 V, 4 27 31 J( gO'ilU'-liid nS SllOW II .'llldV l
tton retelptH nt the purls for tlie
ro estimated nt IL'.llOO bales.
against 1 1,-111 uulcs last week nnd
."iiJiO last j ear.
I'reviou
i ,ohh ijpeip Huh t.i.w ( ioi,p
13 30 15 2D 1.1 0(1 11 1. I" 1,3 !3 ns
IB (10 1.1 .in Id ii" 1.1 1.1 1.1 i.so til un
1171 1.1.1s 1(11.(1 11 Id HI no If in on
10 Sj 1.1 in in 1
1.1 111 15.78 1
13 D3 1
15 1.0.
77.511
ACTL'.M.
Thin vi
Hxcenj renerve ''?,J''
As.'ies'atc rerve jjl'lfl
I ,1 ti. .-li- . 1,3.11 .J...
Cah In vuult" and
inemliel Ii.iiiK" 70.1.1
Itenerve In ncnil.er
i.anKn unn ri-i vo
liunKa
ni)" lO'i 313, nog
5MI
1... 1)
i.i.n
0110
I. am welf
Jin 1)7.1 07"
4SS 115 (.0(1
I 3711 2U 1,(11)0
i;il.72S.C0.J
State
trust
in ...1 11 ,n 1 11 ii.i'n in mi
in 1 1 1.1 .is in in',, in 1,1
1H 2.1 !" 7s li .iiS I,) jS
13 SO 11 s in ;..j
In all fuch blue funk periods verv "iJeatter (a
RAILROAD EARNINGS
NEW YOHK C'U.vntAI.
I
Financial Briefs
Mar be best called the "other si, I.." ,.f
the market That is to saj tlie rank
and file fall to measure up the potential
subsequent influence of current bujers.
When BtockH ure pressed for sale, as
many have been recentl.v, some one, of
- gourde, must take them. The puichas
efH on all such 0( casions are not moved
by the pleasure of doing it or of phi
' lanthropy It Ih merely a business prop
osition and faith of the future. It
probably would he no exaggeration to
My the book value of a larger propor
it tNm of the local stockH today is more,
ana jn ome ens-eg nearly double.
it of the existing market nuotntion
In alw'BVH dlfllciilt tn flttrm.t Imrni-M
1 ' n wliwllnlnir mill bet hnf uni... ,-.
tt'tbe local stocks hove no bottom to
ifiu 911, is reasotiaDiy certain, no
uur uvw luu iiuuga may ue now ur
Mtli the worvt that can batmen hnu
Hrwdy boen uibcounted.
1021 Inrres
2fl ."'.1 JJ" '10 4i.7 1(07
1 7011 i)4'l "I Htl. 7U.4
itvr give earnest c..fiHiderati..u to whatP'"" "J?,".',"".."" 'iwi n ''fi nlli 7i7i
HLTFAI.O It'."'ltlJS1 fit AND PITTS-
III KUII
Th'rd week Vuuuct f277 4. .3 l.'Qiitll
Jan 1-Au 21 'I 311 l.'.i ! .00 771
WEsTKHN M MIVI A.M.
Third we-k Auicuat -'Ss 13U M21 I'.J
From Januari 1 113sii31ii 011113
(IKA.Mi ritf.Mv rfY.sTK.M
Ihlril ') AuKusi JJ I.'.' s-j I.M7 s77
Uecreaiif
Slate
11 nut
viepoiil-
Tht aeritf,o i nre of the tunt nue in
rluitru. h( fk- alir'd 1 H.'i ir nt th
terla to iri.! wiuli thn twenty laiUonda
acjanc-'fl 1 00 ter nm tj 7 21
v. -,...- .. ..- .i..i. ..... , . i 'riiii ni-s fft ztii . WAif
u' bin iiiiik i ii ui- fiinii i c iiiiir nun . . . - t
Vi!Jl Iliihn Sll iliiahln Unfa f ,r ,h fir.. .I.KlW . lin .HH1I.M1 '
mieiths i.l lh., lalundar ejr ii i .tin. trn lilillir do. hennery
..... .. .-' Ill . IL. Mr.
i.d, inn ni. uif Man ri'tineij prini.Jp.iii
from the in,, ratuii of it tanl. tl-et an!
meatnshli. lines
Xew Y"rk .'antral teporte net eperatlntf
revert je of tl 7df( (i.TI fnr Juiv, ,m iner. ,e
of JO sail 703 .'.'iiparel vith a .lerti.it of !.' -(JII7.7H
In the amu rmmth 1ml year
n.u.irti-f S3
nf r". onl Sp-
lent,
recild
S.-P-
DIVIDENDS DECLARED
Standard (HI f Ketru. k
payable oembr 1 t.. uwk
iember 15.
St Joseph l.ad i mpan j"
able September 20 tu il... K of
tetnber !
. olurad'i Power i ompany quarterly I
rer cent on preferred iaali!e Septemaer 13
to ilocK of record Auaum 31
New York Transit, quarterly I paab.e
October 13 to lock of record rt ptrmber .' .
York Rallwayi Company quarterly ot .'(, I
cent on prelerrea. payable October JI t I th
Hock oi recoro AoBcr -i, CIt
fjraln and imovI one futures were nif the
up iirailo In the Ciilcapo Hoard of Trade
iranxa' tlona thia week Compared with a
week uvu net KairM weie reifller-d of r.1-
I.. (I i.n(H tor wh.'it. 2 to 2'i i .'t.t Tor
torn and l'i tu W .eni f..r out li
prcvlNlone pork and rllm ualned 20 ii.ki 22'fc
liulntu ren...i tiel and laid revteteied a
n I mlvantu of 30 to 40
BUTTER, EGGS AND CHEESE
.New Vers.. Aue 27 III"! ri.lt Steadv .
Ite.i.ipts 10.825 tube Cr imu hlBhei
tlan extri l'."lf42Vi-. n ui.eiv .xtrds .((.'
eeore). 4KfllHc 0ri .SS to !il bcorei I
37T( in packing mork lurrent rnakn Nu ,
2. 20n I
K.jilst Sternly nncep. 10 ,, so , a o I
I'lenii k'ntnnreu exira nri, ,171 in, ,i0
jvni.evlvanla ami
' nrtt in ex-
l.rOMIlH eylrna
broi!, nd mUf.I
I " II. refrleer.ttor
do fists. :i4 4i33e
iin 1307 Uixes
ri."C.aiH
...1
Hesi rve In
l.anks and
(uinpr.nlGs
Jlederiw In
l.anks and
ronipany
torn-a
Net demand
depos IP
't lm itnnelta
Circulation
Lull... .States de
pualm dedu t-'l
407 HI .lO.J
llflij
s 2.J
de
8 sol 000
3 111.1.07.'
. 212 71"
32 Jit
... II
ni.O
Ouo
47n.sfl2.noo
S.l'.il.OOO
S 734 000
j .ino iiin.oon
210 21111.000
3.' 122 00.)
i, Chl 11 4h ;
1 no '
City of lleil.en
bfl rcta
1 . fiDV
City lloul'x il i
1 . . . . S3 1, I
C'tv Chria'n ss
1 !"'J(
flty of I'lipeu-I
h.i(n fiVje
3 . .. h'
( Ity 1.51ms 0a
1 ... 83'j
1 .... h3'v
f lly Mare's lis
1. ... ST.
City Paris i!
1 O'l 13
3.. 0'..13
City .iirlch H'
2 . . 100
fl'd (.'in fhl .
Hi I.oula 4n
I (hide) 0(1
Cl'd fin fill
i Ht 1. 0s
I..
11
1 ...
Colo J.
1..
. Sll'i
S!)t
. W"i
h'n 4s
SI
tl.l'.
. OSS
. 1)3',
. flU,
. Itf
in 7'j
lli'JTi
10'.",
11)2).
ie2
1021.
1"2N
102',
102",
102',
Hels ni u I
! lOlH
102V
; liiia
IDl'i
in Den
el SH
3 102',
;. . 1021,
r.'saie) in2(
1. 12
lvlnsdoin .N'nr
a ct Sh
fl... lOIH
3 102',
l Sweden Us
2 . . fi7 1,
3 . s74
1 S7R
Lake Shorn il
So n Is '31
.1 S-3'i
l.'hlKh Val Hi.
D . H7 5,
t (cal..) 117
I. .11 1 Nash 7s
2 . 10.1
1
1
l.ouls Si Nasn
Mont 4iiH
2 M'j
Mex l'i ir'tn s
2 .. 0.1 ',i
2 . . II .'.1.
Mleli S Tele :,t
1 (ealo) h'lij
Mill . St I ).
1 30i
Mo K . T r.s
1 .1.1
Mo l'acltlc la
-.3),
103
n
.. 714
.. 714
.. 71si
ac cv 4h
.. hi '4
.. 81'4
.. 81 4
.. Hit,
South' n Itlv Is
1 57 '1
1 r.7ti
r. r.7i
1 r.7i,
2 r.7
011th n HU 3s
1 8P
1 81
Stan. I'd Oil of
fallf 7s
2 ... 103i,j
3 ... 11) W
::.. . io:p
Swiiz d f.n Ss
2 ... 100'j
1 . lOCii
I .. IOOVj
3 10 11
Tenn f Iron A
II 11 fo .Is
1 .. 7s,
I . . 7H'j
ridwuter Oil
III Vt (I'iS
3 . . US 'a
Toledo ti Ohio
ftl fl'ss
2 .. o.m
t'nlon l'ao cv
8 8.1 H
3 . . 8,1 ,
n... . s,-.is
.. 8.1 H
fnlon I'ac Im
1 . . . SI
(1 81
fnlon I'ac Us
12. ... l'l)
fi. .. Kid'
L"n Tank f 7h
1 101
il . 101 .j
I K of G Hrlt
.1 I'd 11U2
5 .... 08 ij
3 ... nsij
2 . . IISi
f H of a lirit
ft 1 d lll.'ll
r. . sil ' i
1 . . . Ml
1 .. S'l'i
I . . 80 H
I Iv of U Ilrlt
1 d 1037
I
.1 . .. ni'.i
1 . . . r..i h
1 .... r,:i
Mnt a I'w r 7,- '
3 . S.l'.
1 83'i
1 Ml
Vuvv or Tex ii1' H Slexlen Ih
. 87
. .. 87',
.. . 871,
87",
. . 87 '1
87H
llnull sa
... 00 ij
DO "a
. DO I,
. . . 00 ly,
nn 1 a
III) 1'J
111) 1.i
. !I'J1
imij
.. llftLj
v4
Mexico 3s
71 40 I II.,.) 81.177.000
I I'raii.
tn a i by
10 1 tse dr. Blithered
1, .lure frets to I'Xlr.m .
epeilal m.irke 3UfiS7i
( HIlKtft; Hteady It.
8',ite. whole milk, flats turn
0 214.' do nverate rut .'Udi
vvnoin tnllk twins spenai. 21V2H' do
M-ruKs run i'OW20lc
Stnte
Went & fo annourfie the appointment of
IV l.Utn J Ilovd us manaser of their new
Norxh Philadelphia office
Ht I-ouls Southwestern earnings tor the
week or August were tu.'.uuu, ie-
01 x.'ll.vuu,
BANK CLEARINGS
Hunk f'earlntf.s toJav . rnnired wiih eor-
rciondinff day lust tuo i.trn
11121 lli.'o uim
I'rd'a 11.1 lion. onn $70 113 m
N York Sol sun (lull
( hkauo (17 700. nno
Ilultlmoro It 1.10 7.1.1 111.'0"3"ij
Uostun 3S liai 01)1) 13 141727
BAR SILVER
Domestic bar silver was unhanged in New
Tork today at DJIlc per fine ounce, foreign
ft', iinehanifea. In London, is. n.in. I
- .. j '- -u s j,v, mi
unaltered at 380.
FURTHER DROP IN CLEARINGS
Local Exchanges 20.4 Per Cent Be
low This Week Last Year
I'lirther declines in haul. cle.irtnRS
are noted during the vvi I; just closed.
Local exihanse.s nKifrejjated SUO.-i.DOO,.
000, comimred with SlWl.OIJT.Sfl." this
week last year, or a decline of LiO 4 per
cent Total exchntiKcs of all the clear
Inn houses in tho I'liiteil States, ns coiu
pilcd by the Commercial and Financial
Chronicle, were $.",IJ.,n,8Jas..,l7H. aituinst
l?7,'llri, 87-1, 1(111 In the corrcspondim;
week in WJ0, a drop of IM !l per cent.
Comparisons follow :
I J t .e .so
1021 mail i' f
New Yorl. .' 2111 0(10 lion (3 21 1 7U1 O'JO .8
f hlcaao
Philadelphia
lloston
Kansas fy
Kl Ixiuls
B. Frisco .
j'lttsbuiKh
Ietrolt
Baltimore.,
K. Orlaani
382.(103 h.ll
.1111 01)0,011.1
ISO.33'1 401)
l.'l 431 3J1
SI SOO 0110
ION. 000, (10.1
123.000.000
S3. 001), 000
4H.0OO 730
33.107.781
172 0M) 1.17 111 1
383.0117 AX 2U. 1
247 131 300 JI! II
178 700 185 82.0
122.1(27 0.13 33.5
127 000,00(1 18.0
101.071 .8(11 17,8
110.000,000 H, 8
80,821.(122 43.1
fli.eao.072 49,t
Cons d Oas
1... K'l'j
Del Hud 7s
1.. . 101 1;
Denmark Con
rt 1) 8a
21 . im
I 11
Den & It O M
3 . II'.
Dea Molnea 4.
Ft Dodse ts
1
Del Hill Co 0
0 88i
Dei Tun'l 4 4s
1 ... 78
1) Match 7i
1 104
Do Canada '20
1 . . 03
16.. .. 03
3 03
Do Canada '20
1 .1)1
2 . .. OIU
1 . HI'.
I Oiv,
1 .. . 04 4
Dj Canada .11
2 80
D De Nemours
pud r 74
V
1
3
N V
1
N Y
I
r.
3
3
&
-1
On...
07 H
08
OR
0B
08
OS
1 nil 3 4h
.. i,r, 4
0 1
Cent' I 4h
78
Cent' I 0i
. . (12
... 112
4 . . II.",
1 02
N V Cent' I 7s
1 . Ui'JlJ
11124
2 .. 1021.
New Y N II &
Hart'd fls
2 .. 33
1 . .13).
New York O 4
WeBt n 4s
3 00
M Vk Tele lis
3. .
3 .
1 .
12
New
. . US
, . 1)3
. . 01
0.1
IV C &
Host 4 4s
1 30
Nfk & W'n l
4 ... 77si
Sorc'i IVe n II
Tele'e 7s
1 . 101
1 ... 103
1 .. ion
B . 102",
2 . 103
N I'ailHo 11 4h
.1 . 7(U,
N l'ao 11 44s
23.. . 77
N I'acillo II 0s
1.... 101,
1..;. 101
3..
35
II S Mnvlin ,1h
ft
1.1 .,
1 .
r.
f H It
. 40'.
. 4nv;
. 40'i
HI
i. I Ss
2 88
I" K llubb'r 3m
1 .78
2 .... 78t,
2 ... 78
1 78
f s ltuii ;t,
2 . . no t
. Oil"
1 . 00
1 IIK
2 . not.
(Id 1 j
till ' I
IIIIU
2. .. 0!)
l"d H Meel 5s
04H
04 ij
nils
!il
1 4 U f.s
. 70 1,
chm 1st
3 . 02
V11 C Chem lis
1 .. 80
Va-C Ch 7s
1 HI
2 . 01
1 01
Va Itallw'a Bs
2 81! is
Wits' ri liter 3h
2 . 1)7 ,
1 07",
1 1)7 ,
Wesfn Md 4s
t - . 84
I
5
1
I
Utah
1
Va-f
Wesfn N'Tl
1'n It It 4
B 08i
w u 0V4 wl
4.
I.
2.
2..
2..
00 i
00 74
on '4
00 4
00
1 0074
2.. .. 00 li
W & II MfB 7s
1.... lot?;
1.... 10m
4.... 101 1,4
i...7"ioiw
. 1.... ion;
2.... 101 i
.Wlcks'e flpncr
Steel Co 7
tv 01
Wilson Co cv
1 814
Wilson Co 1st
1 80
1 80S
nuT0""'. 2.8.14,00O. compared with '$7.811.
"0 yesterday. Thus far this week, JI3.-
733,000.
'.lherty 31js
Liberty 1st 4s...
Mbcrty 2d -Is
Liberty Ut JViU.
Uberty L'd 4J4,m. .
Liberty .'Id IV4K. .
Liberty 4th -l's.
Mc Xotes 4r.,
High
87.IW
H7.(W
87.00
87.83
87.78
1)1.80
87.1)0
118,8(1
Low
87.r4
87.00
87.00
87.80
87.74
81.82
87.02
1)8.7(1
Clfa
87.00
87.00
87.00
87.84
87.74
81.84
87.110
1)8.78
Philadelphia Markets
V,VKATr-necM- "0.427 bushels Mar
ket le higher, otir lots In export elevator
so. 2 red winter. ll.2U01.a4i No. 2 red
winter. Rarllcky, I1.20W1 23. Other Rrades
''""ted at tho followlnu schedule of dis
counts: Mlxol wheat 0c under red winter; No,
I!. iv,""l! a" "n,)er -N'u- 2. No. 4 wheel 7c
under .No. 2: No. 3 wheal llo under No. 2.
Hampln luonrdlnit to quality
COItN Ilec-lpts, 0234 bush. Quiet nnd
f lower. Car lots In export oievntor No 2.
liHllOc. No. 3. 03WH4C. Car lots for local
,ra'l0L,uMo. 2 jellovv. 7BM07OHC
OATS Ilecelpts, 4031 bush Steadily
."'.. .Vnr '"' "" to location no 2 wnne,
-,"ff.4is.lei r' " white. 434H43HC,
KIX)UIt Receipts. 1,044,734 lbs In sacks.
Unlet and barelv steadv. (Juotntlons nre: For
100 lbs.. p.icked In 140-lb. Juto sacks Soft
winter straight. Western, 10. 105J0.3B; do,'
do, nearby. $B,730.18: hard winter.
Strnlaht. J75J7.2h: do. nhort nalent. 17..',nMK:
spring first, clear, Jd.r,on7i do. patent. $8
V8.25J do, short patent. $8.60W0; fancy
snring nnu city mills patani, rnmuy Dranns,
(0. 7810.30. Rye flour. 7ai7.BO.
I'UOVISIONS Firmly held. The quota
tions nre ns follows: lleef. In sets,
smoked and nlr-drled. rile beef, knucxlos
nnd tendors, smoked nnd nlr-drled, 32o:
pork, fnmlly, !I,1, hams, H. r. rund, loose,
31W32C, do, skinned, inose. 33Q34c; do.
On, smoked, .IS H 30c, hams, bollod, boneloss,
f.3c; picnic shoulders, H. I. cured, looso.
17c: do. smoked, 18c; bellies. In plckln looso,
18c, breakfnst bacon. 2.1c. lnrd. lie.
UUTTEIt Market dull nnd unchanged.
Quotations. Kolld-puikcd, creamery, Jancj .
high-scoring Boods. I214iB44,4c, tho latter
for Jobbing sales; extra, 4lHc, extra nrsta,
Ht4 (HOVsc, llrsts. ailif38c, seeonds. 33W
33c sweet creamery, tholcc tn fancy, 43'
(a,4.H4c. fair to (rood, 3(l'4 W4'J,ie; fancy
brands of prints vvero jobhlnic tit r.3W.'0c;
fair to choice, 45W.12c.
KtlOH Fine egits senrco and steadily
held. Quotations: Nearby extra firsts,
41c; do, llrsts, 40c. 1Vesu.ru etrn llrsts. 3d
13S.', llrsts, 3ll,4t33c, seconds, 28W32c;
Inferior lots lowir- Jobbing sales nf fancy
candled frosh es'gs, 6J5f33c; fair to choice,
li)&.1tc.
l.IVII l'Ol'I.TUT Fowls, not Leg
horns, fiincj, fat, weighing B Pounds
nidi in nnd over, 32Sf31c. medium, 23f30c:
Inferior. 18".'2c, white Leghorn fowls,
.Kit'.'ilo. spring chickens, broilers. not
Leghorns, fancy sellovv-sklnned, weighing
2V4 13 lbs apleo, ier Hi,, 33W34c; welghlns
l'iC2 lis npleee. 281 SO.' ; spring chickens.
Leghorns, vvelgnlnc 11? 2 lbs. apiece 2(1 27c
i'.o, d ., tm.iller sles. 22.925ci old toostere.
li.'iTISc: ilurks. white l'ckln, 222lc: mixed
colors, lHW20r, pigeons, per pair, old, 3,1st
40c voting. 2.1W30c
UrtllSSlIU roi'IrriY Fowls, frcsh-lillled,
drv-p eked, In boxes Weighing B lbs npleee,
:i'.e. weighing 4 lbs.. 37c: weighing 3'4 lbs,.
33c. weighing 3 lbs . 30ff32c. fowls, fresh
k.lle.l. in bbls . dry-picked. welghltiR 4U.1
lbs. nnlece. dry-packed. 37o: vvolghlng HTB
llu. niilem lc.'-i kcd. 30c: weighing SH
lb. 'jsfiaiic' weigh ng 3 lbs nnd under. 21
tf27c: broiling rhlckens Western. 30W34e;
on nearbv. ,'i.Ui use, the latter fur strictly
finc des ralil.'-sUcd stnik, old roostets, dry
picked. Western 23 do, do, .Southern. 23'jJ
L'I. . ducklings. 27If 2sc.
LIVESTOCK QUOTATIONS
( lilriiKO, Aug 27 f ATTI.n It. Ipts.
.100 head. Compared with week ngn flood
nnd choice Ix'ef st.rrs 3.1c to COc Inner,
medium nnd common kinds off more, fat
sh" stock itcnernllv steadv: ranners nnd
(Utters. 2,1o higher, bulla. 2.1c to BOo lower,
vent r.ilves muntl J2 higher; stockers,
stt'inh : feeders. 2.1c lower.
IlOliS Receipts. 4l)uo head. Fairly nc
(U.i iniiutu. NtmU' to strong with xester-
dav's nvornge: good clenrences. Top,. $0 00,
bulk light and light butchers, Jll .IDWIi 8.1.
bulk parking sows. S7 23C((I7.73. pigs fully
2.1c higher; bulk desirnhles. I8.B0QI).
..... ..... .. 1 ... ..,.,m !...., .r.mr.t. rt.t
r.llj.1.1 -liecv.I'in, .U'.VP IIUi'll. ,,,,,,,,., ,-m
with week ago: Fat lamUs. big. II lower,
fal vvcMcrns and yearlings. 23c to B0j
lower: feeder lambs. 75c to II lower; other
ficilers about stcad.v
- IIOC1R Ilecelnis.
Heavies III.BOWII.fiO;
rlltsliurgh. Aug.
l.-.nn lipa.t. Steadv
heavv yorkers. llo I0U1UBO; light sorkers.
111.7.1(310, pigs. s 7.1W0.
SIIRlir AND I.A.MHH Ilecelpts (.00 head.
Steady. Top sheep. 13 25. top lambs, 110.
Ilnot lliilTnlo. N. V., Aug. 27. CATTLK
Iteielpts. .17.1 head. Slow Calves, lecelpts.
13(1 head One dollar lower. J54fl3
IIOO.S Ili-celptH. 1080 head Twenty-nve
to 30e higher Heavy I1IISJ10.30, mixed
r.nd jorkers. $10 7.1 (h 11: light vorle rs $10
if 111 .10, pigs. 110. roughs, (l73i87, stags,
J,ti3.
STATE OF TRADE
Tie mov. in.'iit ol trade .luting the last
vnek c..ntinud on 1 nulet scale, but tho m
rrejsn In cnnftdenc" noted som weeks ago
has not been cheeked, and nllhough most
buving from wholes. ilers and Jobbers was
lot lui.nedlat.i needs, there seemed to be
uior.1 dlspo'ltlon to buy for longer petiods
s.ivi lfndstreel In Its weekly review.
I uler wentlirr .rr.Js the mercantile agenrv,
tas alveii 11 slight Impetus to retail trade
ind this, with co-called sin-el il i.iles has
I I suited 111 a little larger volume of business
I nu 1. v. in. nt wns noted In su di widl' rep
un ted titidi is wearing uppurel, Including
ebiLH. and 10.il.
"il.. clai inentlon deserves to be miido of
ih. oKi. )"' th. void ImptoVdl In th" descrip
tion of wholesale nnd Jobbing trade and
ItHMiMrv In the Southern and Western msr
V. is thl w.ek.' snjs tho statement "Tho
, utli.itr.l rli' of cotton pries ,h the up.
nnint malnsprlntr .it the Hiuth, wlillo the
I is 1 nl marketing r,f KMln In tho Wist and
Ni rlhvv'i'st Is helpful to ttndo In the Intter
i-.itlcns. A tride Ip excess of u ear ago In
vein mo but ts'hlnd 10211 In valu,., Is noted
in sevrrat Western cities. Chip, bv the vus,
l even truer In export liado than In do
1'ifHlc lln . tonnage being larger but values
!,- t) in a ear ago. esperls.ll In foodstuffs
oil taw nuterUts. In largo Iron nnd steel
trade ( ent'TS mention Is general of Improved
line In those trades, lteprrta from Ci"Jlour
II 1 lc are better nnd bulng Is reportoX on n
1 ,ii.i t a ale"
Hun's ltevtew snjs thnt "ns the end cf
,1'trmer nppronehes hopes of furtlior gains
in business nre strengthened nnd sentiment
in .s more confident Nothing In the pies
1 in situation suggests that sudden and gen
ual activity vv 11 folk vv tin recent slow
and Irr, guliir movement, but a stronger
b sis now exists frr tuliseqiietit bfttorment
of torditions. A gtadual diminution of prlco
ns mirLets beenma moro settled is a pctent
firtor in cert iln nuarters nnd some relaxa
tion in ri'dlt restrictions as tnonotaty
1 11.. Irs nr' modified Is also a conctrdctivo
lnt'.u. n. e l'rogress In trades that were quick
rst to experience recnveiv from depression,
ns In tixtll.ie. has met with no Interruption,
while some lines that have been laggards In
the mowment, notably Iron and steel, are
icgli nau to participate moderately in the
cuneni rovivnl "
GOVEnNMENT BONDS
ni.l
Pan 11111 coup 2s 103(1. . KWH
I'a. un.. i"g 2s, 10311 . loin.
I'lu.itni c .u '., HUH . . . luiiij
I'ani.m.i gou :is. jnui 75
l'ammi. r.-g 3s 1001 73
Philippine Is. lli.HI 81
Philippine Is lH.tl 7s
Philippine is ll'.io 7S
f S .lov coil 2h 1D30 100i
f h (lov reg 2s 1H30. 10.1'.
f s li.iv (. .1 4 lD.'.l . Kl4'i
f S (1 .v reg l 1!IJ3 10lj
D of folumhln 3 (15s 11121 .. 03
Ask
lOl'l
iOllJ
1IIIH
101
101'.
1113
10.1
ADVANCE IN STEEL
I
TRADE WIPED OU
Industry Struggles Hard
Hold Cains of Rocont
Weeks
to
C. S. PATTON & CO.
,ii ciiiisT.M r srs
BANKERS
Sin lessors In
sui.r.u ,v sii.vi:nsos
Itni.ds and storks hoinrlit nnd sold
Meinliers. riilbi J?l.n,,. 1'vilnu'ge
Lawrence E. lirowu & Co.
CERTIFIED PUBLIC ACCOUNTANTS
10.10 IIF.AI KSTATK THIIRT 111.1)0.
lnveallsate and adjust corporation and
partn ismp avcuunls hud piepaitf lucom
'Vix Iteturns.
"sN
New Yorlt, Aiir. 27. Tln Iron a a
sled Industry during the last week
engnge, In n hard struggle to hold the
pound gained In recent weeks, accord.
Ing to reports received from ...i
Important center.. Some repStsluhS'
that the trade wat. holding It"own bm
from other reliable goiirces it ' "'
lenrned that th " week ""on, 'of ?.!'
ODpoliitme.it. and In many Hn th, l
provement recorded In recen w l
somewhat eliminated. In brief, buM
decline over the previous week ln
tain departments of the Industry
ssv,;. w,, nrc ,n ""
.i.i;.imuat b. "membered, hovrcver
that the month of August, even In BnV'
SniL' lMCH' '? n,ot n B"o,r,non "h In ? I
Industry nn tho fact that btislnes, ij
not roinlng in nny largo volume Is nn,
surprising to many. Rvcn wfth im!
onsldered, the bttslnes done ,lu ig'h
ast week was by fr much smaller tlmn
tho IndtiBtry anticipated. '
Prominent men in the Iron and st1
Industry now tirgue that certain im
portnnt factors must ultimately be re
adjusted before the Industry can enl
anything lilco a real boom. Thwe nw
the Nation has been relieved of the
henvy burdens plnced upon It in IM.
way -of cxcenslvo freight rates Indus rv
in this ootintry cannot rcvlvo to a"t
grent extent and without a nntion
wide expansion of business the bn" e
abend y CnnnUt n"'1 Wi" not
The Iron and steel Industry has been
doing its share in readjusting court!
tions j.o ns to lower costs. Wages lmve
been lowered, nnd mny be further re
duced, in order that prices mny be made
attract ve to tho buyer, but the trade
contends that so long ns transportation
charges remain at the present high level
there Is no prospect for cheaper Bteel
It has been pointed out In this connec
tlon thnt tho freight chnrges on the sit
tons of fuel nnd raw material which
enters Into one ton of steel Imposes a
barrier to further price reductions, un.
less made- nt the expense of the produc
ing compnnles.
It Is snld thnt many of the most Im
portant consumers nrc refraining from
entering the mnrket not onlv because of
present prlco of steel nt the mill, but
btcnuse of the cost to transport It. Thu
nrc not buying n ton more than the-'
reiiulre. for current use. The fart thnt
this hnnd-to-motith business: is not fall
Ing off nnd that whatever orders now
plnced nre for immediate consumption
nnd not for stock Is nn evidence of a
slightly more healthy condition In the
trade.
In brief, the Iron nnd steel industry
is insisting upon nn immediate reduc
tion of freight rates. Without such re
lief the consuming public cannot be nt -trncted
even though by reduced protliio
Hon costs nnd nctlvc competition in lh'
trade prices at lhe mill nre brought
down by the producing companies to
nn irreducible minimum.
Cut-Throat Competition
An element of doubt in the present
situation tends to mnke consumers skoi
tlcul nbout prevailing prices, nnd mal
them bclicvo thnt keen rivalry for busi
ness now making itself felt in the In
dustry will ultimately develop into cut
throat competition. The larger con
sumers of steel products ure fully nvture
of what is now going on in the indus
try, nnd they believe that despite whut
nppears to be n better Undo sentiment
materially lower prices will come very
Boon.
If there was nny doubt In the mind
of consumers of hteel products on thH
point it wns dispelled u few daj-.s neo
when they rend tho statement issued bj
Judge Elbert II. Gary, chairman of the
United States Steel Corporation, in an
nouncing u further reduction in tlnplato
nnd sheet steel to meet the lower prices
limited by lending independents. This
(statement confirmed the oft-tepeteil
assertion that the corporation would
meet price reductions established by its
competitors. As n matter of fact, the
corporation has been meeting competi
tion in prices of the independents tot
some time, past. Independent manu
facturers know of the attitude ol the
corporation because they were to'd
months ago thnt If price cutting became
drastic they could expect tho corpora
tion to establish lower levels similar to
those made by the independents.
Miller Rubber Dividend Deferred
.kron. O,. Aue. 27 The .Miller Rubbtr
Company hue deterred the rccular quarterly
dividend due on thn preferred slock at Hill
time, Preeldent PfellTor of the compiny
huvs: "Slnco the. nrt nf the ear Indebud.
niss lia been reduced from 18,070 000 19
1,100,000, of which Jl.400.uOO Is owln to
liunka. Acalnst tide, wo have account re
ceivable of S3, 100,000 and 11.200,000 CMh"
Commitment louses have been reduced
rroxlmntcli' H0O.00O.
FINANCIAL
Dlvldenda
THU WILLIAM CHAMP A HONS SUIT
ENUINB IlllLDlNO COMPANY
August 25, 1D21
Dividend Notice
The Board nf Dlrectotn haa this dr tit
clared n quarterly dividend of 1 11.00 P J
eluire. paiable September 30, IM1. l
atockholdera of record at 300 P JI.. oij
September IS. 1021. The transfer books cj
the Company will be closed tor the purppii
nf til dividend from 3'00 P. M Septembtr
IB 101. until 10 00 A M , October 1. 102.
Trusurtr.
rrnponaU
HKAMUi. Mr A"1... "E..B.K
retveu uy mo jiunuiui. v v.. ...... .v., :
Slnto Honultiil fnr t he Insane, at Norris
nwn Pa . until 12 o'clock noon. '"P'fffl'
to 1021. for the erection of an Annex Bull"1
InB to the Male Nurses' Home , in. i"
tractor la to luriii.n '""" :i.
etc . to.erect and complete kiiu (( "."":
Inn ncron nx to piun. mm r',r""',j ,
Tho successful bidder will be reaulrdl
glvo bond satistaciory to w.e "'" -,,f
Jnittee or their solicitors for B amount ci
hlpia'n'Vrand apecineatlnns can be w
the nrchlterfii ntTlce. Mr "',.?;,BS,,
tMrtrle. 1012 Walnut street. PhlldlpIl
Pa Monday. Aujust 20 nnd thereaf er.
1 The Commlttee reserve. cb.rlBht to
atod-elion.-
S ate Hospital for the InnnV Norrlitw
Pa -
reserves the right to reject any or til M
Vddress Ellrabethtown Water Co., -(
.Market St.. Hllzabethtown. Penna.
CHAUFFEURS
i
Drivers Mechanics
You vHI get them quickly through an
ad in
THE PUBLIC LEDGER
MORNING EVENING SUNDAY
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