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iBVENI'PUBLid EDGEIt-PilLfLPHlA, JiOfrPAY, AUGUST 29, 1921
-v v rfArr-' H
JL.t ,,
ACTIVE LISTED BODS
The following list of bonds wo
ufMt as especially desirable by
reason of the security afforded,
rate of return received and
marketability:
AbmIcm Tel. & T.I. Col. 4'. 1929
SosuWn Pstifie Conr. 4. 1929
Union Pacific ConTrtible...4'i 1927
Current market prices, yielding
bout 7.
BIOREN&CO.
Established 1883
410 Chestnut Street
itemoers yew York and
Philadelphia Stock Exchanges
mmmmmmmmMmmsmmmma
New York Bonds
L
(SALES IN llOOOl
i
Spruce 8200
BOUGHT SOLD-QUOTED
U. S. Treasury
Certificates
All Issues
SECURITIES DEPARTMENT
Commercial Trust
Company
Member Teieral Reserve Sr.tem
City HU Square, Weit
V
Investments
Baker, Ayling & Young 1
JOSEril w. swain, Jr., Manager
Land Title Bldg.
Boiton Philadelphia
We Specialize in
City of Philadelphia
3s
32.
4s
414.
4s
5.
SVa.
Biddle & Henry
104 SOUTH FIFTH ST.
We Have Orders in
Harwood Electric Co. 6s
Merion & Radnor Gas &
Elec. 5t
Phila. Elec. 6 Notes
Georgia Ry. & Power 2d Pfd.
DuPont Chemical Pfd.
Reed A. Morgan & Co.
West End Trust Bldg.. PMla.
Member, of the, Fhlla. Stock Exch.
JFINAMIIAI,
kJDI.AM) VAI.LEV RAILROAB COMPANY
junnitni .-uorigaga aerie "A" Bonds
The Hoard of
valley Railroad
sna aedared
Philadelphia. August 10. 1021.
uirecior.
of the Mlriliinri
Comolny haa determined
fhnf fnw h Imn ...., ..-.
l, 1DS1, Ave per cont ha. been earned and
U ra able upon the Company'. Adjustment
Mortgage Series "A" llond.
On presentation- and surrender of Coupon
,?,, 6 J" ,he I'ldell'y Trust Company,
inllioelphla, on or alter September I, 1021.
'0 will tw paid to bolder, of JluOO bonds
ana 823 to holderu 01 1300 bonds of such
J U. K, DELANY. Treasurer.
Proposals
SEALED PROPOSALS WILL HC KB.
wived by the Building Committee, at the
Stale Hospital for the Insane, at Norrls
is".,1,''1'; un.L" W o'clock noon. September
h 1.Ml.v'or,.th,e eJfctlon of an Annex Uulld.
lng to the Malo Nurse." Home, The con.
tractor Is to furnish nil material, labor,
etc., to erect and complete .aid annex build.
Inr according to plana and specir.catlons.
the successful bidder will be required to
live bond satisfactory to the Building Com
mittee or their uollcliom for 8 umount of
hie contract.
Pians and specification, can be seen In
the architect', offlce, Mr. Harry O. Mc
aurtrle, 1012 Walnut street. Philadelphia.
Pa . Monday, August SO and thereafter.
The Committee reserve, rtio right to ic
eept or reject any and all bids" For In
formation a. to location and elovatlons ap
ply to Oscar L. Schwartz. Steward, at
State Hospital for the Insane. Norrlatown,
SEALED PROPOSALS WILL ilK nK.
celv.J by the Building Committee, at tie
State Hospital for tho Insane, nt Norrls
iiS?,n' ,I',.V un,,U ? v' M" W'Pteinber IS.
rh.V,.i,0iri,.,iMi "'!? and changing; the old
Chapel Building. For lints of material in,
X,l V? iV&ri" Sehwarti. Stev.ard.stat.
Hospital for the Insane, Norrlstown, Pa.
Wildends
. . Office of
tILr,Y.Ni7ED fl.AM IMl'HOVKMENT CO.
ft. . Corner llroad and Arch Street.
Philadelphia. June 8, lu.'l.
The director, hate thl. duy declared a
RLu e ( Kp" ,,wr" on .'' Preferred
15 ini l,hJ"t c,nI",ny.' Pvable Hrptrmbrr
zl$'xl 52 10 "er. of Preferred Stock of
io-ird Si, ? cl?,?,.of business Ausust 81
l-l. Checks will be mallsd.
. I. W. MOHKIB. Treasurer.
Special Meetings
IW A hPECIAL M15KTINO 01' TUB
r- 'wt.aiiuiuBiq ui ino iiOQro a ivhlt
Company win be he'd at th. cVri.nl omcet
il.th."mMny. n tho tlrst d.iy of Nonm"
Xll. . ? ! ? Jo tVkeJt'lo'n
on approval or dliapprova of the iJSd
SHKLTON A. Itlllllfj,
Secretary.
Ti
''ilV
sj,r
. IUssnlutlnn of Parinershlp.
"u I,1Alll!:n,!I,l., KXIHTINO AMONtl
vjalnaia VJi v "7. uv" oissoneu, The
m. bv fh'J ,con,,lnu.ei1 una" Pr...nP
ibi. t,?y.i5a"0?r,lnd.. All Wit. .re pay
y - ,, ... uciiii assumeq njr mm.
. al. 4VlBMElSm
Am'n Arro'l &
Chem TVi
1....'00
2..... 00
3 00
A 8 A It's Ss
2 70tt
Amn T ft T 6s
1 8SU
Amn T & T 0.
1.... 100U
li... I0OH
1.... 100H
. 1.... 100W
1.... 100
, Am'n W T Os
I 6 TO
I Arc's Itep'e 6s
3 (10 '4
A T & a Fo 4.
2 77H
I 1 77H
I 1 7TU
I Atch Topeka &
Et F. cv 4.
2 701
Atl'o Fruit 7a
2 35t
Bait ft Ohio cv
2 COH
8 09 H
4 00V.
Halt ft Ohio 4s
2 00i
It.... 004
Dalt ft Ohio 6s
3 71K
1 71U
1 7U4
3 7m
Dalt ft Ohio Os
1 01
Dalt ft Ohio B
W'n 3U.
1 82U
1 82 Vi
Dell Telephone
of Pa 7.
2.... 104
a.... 1041,
1.... 104 !
II Steel 6. '30
1 77'i.
2 78
Brkn Edl C 7s
a.... 100
Canad'n Nth'n
0. rets
3 00S
3 00 y
1 00H
1 00'4
1 00N
Canadl'n N 7.
4.... 104
1.... 104
1.... 101H
Canad'n Sn 6a
1 86H
Cen of Oa 1st
1 01
Ctl Leather 6s
4 Bthi
1 87W
4 87U
Ctl Paclflo lt
1 71'4
5f.... 731.
Cerro de Pasco
Cjp'r 8 s
2.... 1004
2.... 100H
2.... 100H
2.... 10OH
C ft O cv 4V4
2 1TA
1 77
C'k ft Ohio 6.
4 Ol'i
C'k ft O cv fis
3 82U
Chi ft Alton 3s
1 45V4
Chi U ft Q xm
1 TOW
Chi U ft Q nob
2 00
C H ft Q V4s
1.... 1014
3.... 101
1.... 1U1 to
1.... 1014
1.... 101H
1.... 101W
i.... iom
i.... ion,
b.... iom
1.... lOlVt
1.... 101H
Chi I ft Lo 4.
1 71
Chlcaxo Mil ft
St Paul 4s
1 00
Chlcaco Mil ft
StP cv 44.
1 B44
1 fll'i
1. ... 44
Chlcaco Mil ft
StP fd 4Ha
4 .... S8S
Chlcaco Mil ft
St P cv 6s
1 03
C ft Nwn Otis
2.... 101U
Chi ft Nwn 7s
2.... 103
i.... loati
Chi Itwy's 5s
6 03
C H I ft P fd
r. os
1 C8'i
Chi ft W I 4s
3 69j
Chinese Goe't
Hu-IC Hly 3s
S 48',
6 484
City of Bercen
8s rets
1 00.
City Derne 6s
1.... 100
1.... 100U
Cty Chrls'a 8s
B 00H
7.... 100
City of Copen
hacen 64
1 70
1 80
1 80
2 80
4 80
City Paris fis
6.... 100
1.... 00 13
1 .. 00.16
1 Hl'l
1... 00 13
City Zurich 8
4 00
2 09t4
2 08H
8..,.. SOU
Clove't F It 8s
2.... 100
1.
1.
0...
2...
4...
3..
2...
1.
. 03
. 00 u,
. 00 ti
. 00 ft
100
. oo n
. 00
100
100
a Nth niy 1st
1 81ft
a Ntbn niy 7s
16...,
2...,
1...,
1...,
1....
1...
101
101
100
100
101
Hud ft Man fd
2 07
1 7
l.o.. 07
1 07
Hud ft Man It
1 42S
1 42H
2 42
0 42
III Cent't OH.
6.... 103
3.... 103
a... 102H
B(sale) 1024
Ills Steel 44s
1 82
Info Met 4 4.
Mln flt P A S
Bto M 4s
1 80
Mo K ft T 4.
20 00
Mo Paclflo 4.
1 63
N T Cntl 84s
2 00
1 06
N Y Cent' I 0.
02
02 H
02
02
02.
02
1
2
1
a
lft
l
N Y Cent'l 7.
6.... 102
.V Yk Cent'l L.
Shoro 3.
IS 024
B 02
N Yk I.lsht II
A Pwr 4a
1 07
New N It ft H
Hartf'd fls
1 61
1 62
N Y Tete 4 4.
1 82
2 82
J'k so'n It Ss
1 44
N'k ft W cv 0s
1.... 103
8.... 103
Vorch We'll D
Tel.'e 7.
LONDON 8TOCK MARKET
3..
3..
1..
103
103
102
103
103
.101
103
Intb o P. T fd
0.... 40
B 48
4 48
B 48',
B 48
3 40
16 40
7 40
2 48
IS 40
20 40
1 404
1 40
1 404
6 40
1 40'i
1 40',
3 40
3 404
6 404
6 49
. . 100
. . 100 'i
. . 100'4
. . 100
.. 100U
Cln Chi
0.
804
. 00
. 00
. 00
. 00
S 4s
. 70
A 8 8s
. 084
3 S cv
. 6S
. 64
. r.4
. 64
. B4
. 63
. ep
51 ',
13.
6.
1.
4.,
n
cr'd
ft at I
l
n
4
1
B...
Colo 4
1...
Cuban
1..
Cuban
0...
6...
6...
1...
4...
23...
1...
2...
Denmark Can
ct U 8.
1.... 1014
1.... 1014
D.s Motne. ft
Ft Dodce 4s
1. ... 45
Det Edl Co Os
6 884
2 ... 884
Do Canada '20
6 04
D De Nemours
pwd'r 7',
08
OTH
07
07
08
08
OS
08
08
Erie Ity Co 4s
1 B4H
Goodyear Tlr.
ft nub'r 8.
1.... 101
1.... 101
fjove't French
It 74" ret.
I..
1..
3..
2..
1..
3..
1..
1..
5..
1
2
2
6
2
1
B
8
2 ....
3.....
11. .. f
3. .to
I
1
00
00
00
004
00
004
00
00
084
00
N Paclflo n 4.
S 704
N Pacific It 0.
1.... 101
Nth 8 Pwr 6.
1 81
Orn ft Calif As
1 01U
Pa It cm 4s
3 70
8 704
7 70
Penna Hd 04s
2.... 100
1.... 100
2.... 1004
1.... 1004
8.... 100
Penna n It Ts
1.... 103
Reading Co 4s
1 TS
1 78 U
2 TS
riep Chile ret.
08
08
08
08
08
08
08 4
08
Dollar Descriptions Lacked Steadi
ness Qllt-Edoed Issues Firmer
London, Aug, 29. Xhcro was a much
better attendance on tho stock ex
clinngo today and a moro cheerful fccl
Inff. - Trading was somewhat moro nc
tlvo than recently. DolIar securities
lacked steadiness and this department
wns one of tho exceptions. Gllt-ctlgcd
issues were slightly firmer and mod
crnto 'support was In evidence In home
rniln, ,
Although trading was narrow in Ar
gcntlno mil issues, the tono of this
group wns stronger. Kaffirs, after n
pause, ndvanccd rather briskly. French
loans were dull.
Professional trading featured the oils'
and the market was dull. Shell Trans
port nnd Trading wns 4 nnd Mexican
Kaglo 4 0-10. Industrial issues gen
erally were firmer in spots, but the
rubber department was quiet and aim
less. Hudson's Bay was quoted at 0V6.
RAILROAD EARNINGS
DALT1MOUE AND OHIO
. , 1021 Increase
July oper, revenue.. S10.A37.773 $2,684,840
Net revenuo 2,033,310 T. 882,101
. Net Income 2.020,781 7,828,871
Seven mos. oper.rev..ll2,7t,723 0,01)0.420
Net revenue .... 18,781,480 10.010,204
Net Income 0.057,240 13.071,800
BOSTON AND MAINE
Jul- cros 30.341,142 'Jl.OiTjTOO
..Net oper. deftclt.. 8.4U5 4.347
Seven months' cross 43,000,032 2,280.030
Net oper. d.nclt.. 4,401.850 1,600,780
SOUTHERN RAILWAY
Third week August.. $3,107,410 $002,130
From January f 104,010.748 18,077.740
BUFFALO, IIOCHESTER AND riTTS-UUROH
July crow $1,005,100
Dalance after taxes.. 81.045
GENERAL ELECTRIC
STOCK- DIVIDENDS
i..
Kan
1..
1..
1..
3..
K C
. 87
ft s 3.
. B7
. 60
. 60
. 37
Rly 4s
2 75
Kelly Sprlng'd
Tire Co 8s
2 .... 0B
2 03
3. ,.03
IC Belgium Os
1 04
1 04
17 04
1 04
K Beg'm7s
1..
1..
1..
1..
3..
2,1..
102
102
102
102
102
102
102
2 ... 102
1.... 1024
2.... 102
K tielg'm rets
2.... 101
1.... 101
Kingdom Den
mark ct 8s
3.
1.
1.
8.
1.
1.
3.
Kingdom
102
102
102
102
102
102
102
Nor
way ct 8.
6.... 103
4.... 103
1.... 1034
1.... 103
K Sweden Os
1 874
2 87
1 87
6 814
Lake Shore 31
So'n 4. '28
1 854
Lehigh Vat Us
1 07
Lou ft Nash 4s
0 81
Lou ft Nash 7.
3.... 104
Man E 4. sta
6 64
1 64
6 63
6 63
1 S3
Mkt St Ry 1st
1 00
1 08
Mex Petr'm 8s
1 00
4 00
2 00
Mid H ft Or As
4 704
1 70
1 7A
3...,
78
70
1..
1..
8..
4..
1..
1..
ncp'c of L'ru,
guay 8s wl
2 08
8 08
7 08
1 08
Rock Il'd A A
Loul'a 4s
2 07
1 07
St L ft S F In
2 B8
15 68
3 AS
1 88
St L A S Fran
Scries A
3 02
1 024
1 02
St L ft 8 Tran
Series U
1 74
St L sow'n en
1 03
1 03
St L Sw'n 1st
1 07
Sao Paulo of
Brazil ct 8s
13.
1.
1..
074
07
07 4
074
07
07
I, aj
20
Scab'd
1...
4 27'.
Scab'd A L Os
1 484
Sinclair C Oil
Corpn 7s
3 01
2 00
004
00
00
00
00
00
T As
82
1..
2..
1
1
3
S'n Bell
1
So'n Paclflo fd
2 T7
So'n Paclflc 4s
1 71
South'n Rly 4b
1 67
2 87
3 67
Swltz'd Can 8s
2.... inns
2.... 100
1.... 100
3.... 100
Thrd Ave aj
3 31
2 31
Tldwater Oil
Co ct 0s
1 08
Union Pac cv
8 83
U K of O Brit
ft I'd 1021
20 00
U IC of O Brit
ft I'd 1022
1 084
1 .... 08
1 08
U K of Q Brit
ft I'd 1020
2 80
2 .... 83
A 80
1 80
U K of O Brit
4 I'd 1037
87'
8..
1..
1..
6..
87
87
87
87
87
87
67
i 87
U S Braztt Ss
3 00
1 00
1 00
2 .... 00
1 00
U a Mexico 4s
1 34
1 84
U S Mexico As
1 40
1 40
0 48
U S Rubb'r 6s
3 78
1 78
2 784
3 78
U S Rubb'r 7.
2.. .. 074
U S Rub 74.
4
1
2
Utah P ft
It
1
3
Va-C
3..
1
09
00
08
084
L As
... 70
.. 70
-. 704
Ch 7a
.. 01
01
Va Rallw. Bs
1 82
West'n Md 4s
S B4
W U 0. wl
00
' 00
00
00
-o
00
09
00
00
00
00
i: Mf 7,
2.... 101
1.... 101 li
Wllsan Co cv
i 81
1.
1.
4.
1.
4.
1.
2.
V ft
Net oner. Income.
Seven months' cross.
Deficit after taxes...
Net oper. Income
LEHIGH
July cross
Net oper,
ooer. Income.
Set en mor.'ths gross.
Net oper .Income..
Decrease.
63.021
8,223,101
28,774
387,024
VAELEY
10,230.084
009,700
43,102,024
84,091
S770.001
200,480
116.830
2,422.737
1,320.1110
025,137
$380,733
1,047.447
0,378,541
7.202,074
Raw Sugar Market Quiet
Iew Yorh. Auc. 20. The raw sugar mar
ket opened quiet but steady. Porto Rlcos
nnd Philippines for prompt shipment due
t nrr'.io about September 15 are offering
at 4. flic and some nearby and fujjy duty
sugars 'at 2.80c. s. 1. f., but tho view of
Mil era nro a ahado ceiow ineso quotations.
Importation, reported v. ere 30,000 Cubas
to Warner. 37.000 br.gs to Howell. 43,000
bog. to the Federal Sugar Refining Com
pany, 32.843 bags Philippines to Howell nnd
I C.607 bags of Philippines to Arbuckle Bros.
Sales reported wero 21.000 tons San Do
mln so, about due. at 2c to a New York
refiner and 3000 bacs Porto Rlcos. prompt
shipment, at 44 c to a New York refiner. Tho
dmand for cranulatcd ., moderate and
prices unchanged.
German Bank Statement
Berlin, Auc. 20. The statement of the
Imperial Bank of Oermany, os of August 23.
shows the following changes In marks: Total
coin and bullion Increased. 1.034.0UO; cold
decreased, 8,000: treasury notes Increased,
102,136.000: notes of other banks Increased,
i, 712.000: bills discounted decreased 3,947.
784,000: advance Increased, 8H3.O0O: Invest
ments decreased 8.275,000: other securities
Increased 400,706.000: notes circulation de
creased 206,503,000; deposit, decreased. 8,
244,823,000: other liabilities Increased, 126.
130,000: total cold holdings, 1,091,543,000.
Today's Range Is Liberty Bonds
1:30
High Low r. M
Liberty 3yas 87.00 S7.5S 87.5S
Liberty 1st 4tys.. af.mj Hj.ia Hf.T
f.MI 87.7-i ll(.t
1)1.80 01.80 111.82
88.04 87.04 88.00
08.80 08.78 08.80
Form Changed to Protect Small
Shareholders Company's
Big Business
New Yorlc, Aug. 20. Profits of the
Ocncrnl Electric Company in the cur
rent year promise to bo sufficient to
cover tho cash and stock dividend re
quirements for that period, according
to a statement issued to stockholders
by O. A. Coffin, chairman of the board.
The company hat in execis of $40,
000.000 cash on hnntl. has large re
ceivables and no current liabilities other
than monthly accounts ilnd I-cdcrai
taxes. Tho yearly rate of orders re
ceived for the first tblrtv-threo weeks
of 1021 s S180.440.000. Ulialrman
Coffin says that so far ns can bo fore
seen no financing on the part ot tnc
company will be necessary ror some
years.
These facts arc made public In a
letter sent out to stockholders announc
ing a change in tho policy of tlie com
pany with regard to tho payment of
stock dividends. The management has
decided for the better protection of its
small shareholders to inaugurate In the
near future dividends of $5 n share in
stock annually In place of tho 2 per
cent semi-annual dividend in stock now
being paid.
The new dividend will be in special
shares of $10 par, entitled to a fixed
cash dividend of fl ncr cent ncr annum.
but without rights to participate in
new futuro issues of the present stock
This means that each holder of two
shares of the present stock will receive
one certificate of $10 of n fixed dividend
stock, thus onnhllmr the small share
holder to conveniently add to his stock
holdingH through the medium of stock
dividends.
The company desires lo put the new
plan into operation at the earliest nrac
ticabln date, but as nnnronrlntn lecnl
nnd corporate action must first bo taken,
involving some delay, It Is the purpose
ot tnc company to pay on .lanuary 10,
1022. the stock dividend of 2 per cent
In tho present stock of the company,
together with the usual cash dividend.
Stockholders of tho company now
number 21,000.
Reserve Banks' Discount Rates
Official rediscount rates at the tuelvo Fed
eral Reserve Banks aro as follow.
Tren.. I.lh. rvim't nir.
ctfs. bonds, paper nccentl
GOSSIP OF
THE STREET
"Ttvo-thlrds of the year 1021 having
gone into history, business and financial
lenders arp counting hopefully, for the
remaining months of tho year, on the
benefits of tho sweeping adjustments
from tho elapsed portion of the year
brought about,' says' the current re
view of the Mechanics and Metals' Na
tional Hank of Now York. Continuing
the nrtlclo says:
" 'Deflation' has now become very
much of an actuality, and fco far as our
domestic situation Is concerned wc may
bo nld to have obtained a fair stnrt
in the attempt to put our house in
order.
"That the Industrial depression has
spent its force and that tlic ebb tide
will ho followed by a gradual turn Is
the general belief, and there would
seem to bo sound reason for this belief.
Close observers of the situation become
Increasingly cautious in attempting to
ctlmnnlnln nnv rtnfinltn time when re-
vlval' will set In. nnd it is widely felt
that any Improvement this fall will be
r.iflil. Hut tlmrn nro (.nine unmistakably
cheerful signs on tho horizon. During
July, for tho first month in a year and
u hnlf, tho Index numbers of- average
commodity prices compiled by llrad
strcct's and Dun's agreed. In showing
an advaucc7 liven the steel trade, long
recnrdeil ns tho 'kev Industry.' though
ill tho present cycle Its readjustment
has lagged behind every ofJicr, has
shown substantial Improvement in ac
tivity In recent weeks
bo a welcome relief, as they have, In
the main, been running on part time at
a loss, to preserve their working forces.
Market Tccltnlcally Weaker
The action of Mexican retrolcum
during Friday's session, when n gain of
moro than five points wns scored, was
not surprising In view of tho largo
amount of liquidation which had taken
place In tho stock coupled with the ex
tensive short interest that had been
built up In It over the period or tliB
last two or three weeks, during which
time the trend had been decidedly
downwnrd. Old experienced traders
Mild that in the ordinary course of
events a rally of this character was
due, but this should not be interpreted
as Indicating that there was any guar
antee as to the maintenance of the
upward BWlng which had taken place on
l'ho 'oil issues, as a whole, were
strengthened by the nctlvlty In the
-Mexican stock nnd the opinion was that
while the rally may not extend much
further, it litis been sufficient to c Im
Inato a considerable short Interest in a
largo number of securities. Therefore.
It wns felt bv some that the technical
...innn ni tim mnrket hnd been weak
ened to an appreciable extent, and that
the fare of tnc many unncun-u tu
is lilt- iiii ; six. t.ii - ...... .
?ment tins ini wni : u obtaining in tho financial and
nr bT","TlsVuTcommcrclnl world a further downward
movement might take place not oniy m
tho oils but elsewhere within the next
two or three days.
n credit of approximately $10,000,000
on silver which is stm i umic.
The amazing Inflow of gold to this
.ntintrv rnnllllMPH. tlin latest official
figures showing that during the twelve
months ended witn .nine 9011,011. -x m
gold wns imported into the United
States, tho largest amount coming from
England, which sent S;t28,ri74,800.
Franco came second with $103,8:10,009.
Other importations enmo from Sweden.
Canada, British India, Holland and
other countries. .
Notwithstanding these Imports, it is
pointed out that only thrco of the four
teen chief -l'uropean gold-holding coun
tries showed 11 diminution in their gold
stocks from January 1 lo July 1. Nev
ertheless, between those dates the gold
stock held by our Federal Reserve banks
incrensed by $402,001,000. The new
gold, as heretofore, represents supplies
from Africa, India and llussln.
THE TRADER
7nvc8fmctf. Securities
Newburger, Henderson
&Loeb
itemhert N. Y t rhila. Uto'k rxehanaei
1410 Chestnut St., Phila.
Investor's
Market Almanac
A record of stocks traded In on
nil exchanges. Over 270 pages
of complete, nnd essential infor
matlon and statistics.
Bent free on request
Milton helwco
STOCKS' FOREIGN DXI1ANCEDONDS
M.MB.W., ' '
PMIlAOeiPHIA 3I0CKXCHAN0I,
1622 Chestnut Street
Plionrsi Hell. Hpruce SOil-2-3-4
Kejslonei Itnra 750
71 Itrondnnr A 480 Bill Ate., N. Y.
htumford. Conn, Hprlngfleld, Mas.,
Iloljoke, Mass,
GE0.A.HUHN & SONS'
hTOf'HM AMI IIONIW
Mrmlwrs of the Phlliulelpliln, JSrw
lork nnd Chlcaco Work Itxrhnngt
New York ( ntton Kxrhnngr
Commission .Orders Executed In
All the Principal Markets
Liberty Bonds Bought and Sold
Itillnui- Court Bldg.. 1IIH IVillnut Ht.
N. Y 111 Bro-ihvny. Atlnntlc CHy.
Amlfwiitdnr Hotel
NTKMfir NOTIfT."
HTKM IIIP NOTK E
Liberty 2d 4 'As..
Liberty 3d 4V$s..
Liberty 4th 48
Victory notes 4s
Boston
New York ....
Philadelphia ..
Cleveland ....
Richmond ....
Atlanta
Chicago
St. Louis ....
Minneapolis ..
Kansas City , ,
San Francisco.
sa ss.i
5 U r.i?
84
r.
11
(i
11
n
n
n
C4
r.
11
n
11
11
ft,i
54
11
11
11
S14
r.4
6
Maturity
uato
Oct.. 1021.
U. 8. Certificates and Treasury Notes
inc.
Itatn
34
6
A
A4
t34
f3
Bid Aik.,t Vlalt
100,V 10(1 8-32 1.24
.100 3-32 1011 A 4.20
.10IIA HIIKV 4 03
.100 100 113
.100 1110 8.0(1
100 0-32 100 13-32 4.05
,.1004 mn'i . r, 13
.100 100 r. 20
. .inni. int r. , 1
-C.WH1UI irorn normal 1 iMicr.11 inenmo Ihx.
TAccoptablo for pnmont of Incomo tux
due on dato of maturity.
Oct.
Deo.,
Fb.,
Mch..
Mch..
June,
Aug..
June.
1021.
1921.
1922...
1022...
1022...
1922...
1022...
11124. .
New England More Hopeful
The First National Hank of Boston
In its New England letter, says :
"A general bctterraent-of feeling nnd
a somewhat more buoyant attitude to
wnrd business is in evidence through
out the country. In New England it is
specially maikcd, due to the fart that
several of Its principal industries have
experienced a distinct Increase In ac
tlvttj. during the last month. Figures
bearing on shoe manufacturing are now
available, which show two things:
First, that the manufacturers have come
through the last year with surprisingly
feu- fnilurps. nntl hern ml. thnt thev have
worked out of the severe depression of
recent months to n point where produc
tion compares well with tho" slmllnr
periods of 1020 and 1010. Their present
position Is made more comfortable by
very cheap materials and an easier labor
situation. The increase' in production Ik
conspicuous. In the combined woolen
utid worsted industry, mills have so in
creased production tunc 11 ni" mm opinion, no
be said thnt a normal percentage of , tr, n,ivrmce
innciiinery is 111 opcruuuii. .m- "i,v" should he a
lugs of the largest interest were suc
cessful nt fair prices, with full produc
tion up to Juniinry 1 allotted. I
"The consumption of wool is there-
fore nearly normal in nmount and raw- 1
material merchants have been nblc to
half of the year. In cotton manufactur
ing n stronger demand has appeared, in
lluenccd by sennt stocks nnd the bhort
cotton crop, the smnllest in n qunrter
of a century. In this industry the im
provement has been both in volume nnd
prices. During the last ten days the
prices of print cloths have sharply risen
unci it is hoped thnt the mills may soon
be uble to tun nt some profit. This will
Mttlc New Financing In Sight
Bnnkers say there will bo only a com
paratively small amount of new financ
ing undertaken during the next Several
months, because of the limited amount
nt mntiirtiien nnd the fact that business
linnctlvity has resulted In crenting a
Tsmnller demand for credit than pre
viously obtained. The demand ior money
hns narrowed down appreciably for sev
eral months past, and the outlook is
for n continuance along the same gen
eral lines until confidence has been re
stored, not only In this country, but
throughout the world, so thnt business
men will not be afraid to undertake new
nctlvitirs without fear of being ham
pered In such efforts.
Hut commence rniinoc. 11c rraiurni un
til some of the aggressive political rep
resentatives nt Washington nnd else
where see fit to somewhat moderate their
attitude toward unification of effort in
the formulation of legislation which will
overcome some of the unsettling influ
ences which nre now operating adverse
to business progress.
B Ideal SummerVacations A
ermudA
Only 2 Days from NewYbrkJL
.00 and
upwd.
No Boost in Copper Prices
None of the leading authorities on
ropper Is looking for nny shnrp upturn
from the twelve-cent price, and one at
least is emphatic in stating that, in his
attempt should be made
quotations, even if there
resumption of buving on a
fair scale. This authority still InsUts
thnt the copper sellers themselves halted
the previous b'lylng movement bv ad
vancing their quotations too rapidly at
a time when the market was working
upward of Its own accord because of
the improvement that had taken place.
Phenomenal Gold Inflow
It is claimed that there will be no
further disruption of the foreign ex
change market as a reult of the Ger
man reparation payment, which is es
timated at 1.000.000.000 gold marks,
and thnt the pament will still leave a
substantial sum for the credit of Ger
many. That country has secured here
Commonwealth of Pennsylvania Treasury Department
Statement of the Amounts in the Several Funds at Close of Business July 31, 1921
GENERAL FUND
Corn i:x Nat Bk. Phila
Phila. Nat, Bk.. Thlla
Quaker' City Nat. Bk.. Phila...
Hkrrlaburtr Tr. Co., Hbg
Commonwealth Tr. Co., Hbc. ..
Mcchan'CH' Tr. To., lib?
Cnlonliil It. Co, l'gh
Dlnmonl Nut Blc . Pch
Mellon Nat. B):.. Pch
Total amount In cenoral fund 13,003.97
STATn BOND ROAD FUND
Allentown Nat. Bk., Allcntown. 20,000 00
Allentown Tr. Co., Allentown..
Annvllle Nat. irk.. Annvlllo...,
Ardmoro Nat. Bk.. Ardmore...
Arrhbald Ilk . Arch'iald
American Nat. Bk., Eberisburc.
Aldlne Tr. Co.. Phila
American Bk. ft Tr. Co., Phila.
Anthracite Tr. Co., Scranton..
Berwick Srv. ft Tr. Co.. Berwick
Draddock Tr. Co,, Braddock. ..
Burget'stjwn Nit. Bk., Bur-
Cettstoun
Bk. ot Donoro, Donora
Bk ef Bast Falls. Fhlla
Bk. of No. America. Phlln
Hi rks Co. Tr. Co . Reading. . . .
Lk. of So. Wllllamsport, Wll-
llnmsroit
Bradford Nat. Bk., Bradford..
BrookMlle T. ft T.. Brool:llle.
Central Nat. Bk.. Thlla
Citizens Bk., Barnesboro
Columbia Co Tr.. Bloomsburc.
Commercial Nat. Bk. Bradford
Carlisle De. Bk.. Carlisle ....
Carlisle Tr. Co.. Carlisle
Carnegie Tr. Co. Carnegie....
Chambercburc Tr. Co.. Cham-
bersburc
Clymer Nat. Bk, Clymer
Citizens Tr, Co . Clarion.......
Colonial Nat. Bk., Connellsvllle
Cambria Tl. Sav. ft Tr. Co ,
Ebensburc ; :.!
Citizens St. Bk.. of Salisbury.
Klk Lick .."....!
Citizens Bk,, Freeland
Camp Curtln Tr. Co.. Hbc
Ontral Tr. Co.. Hbg
Citizens Tr. C'o.. Hbg.
Commercial Tr. Co Ilbg
Citizens Nat Bk. Indiana
Clinton Tr. Co.. Lock Haven...
Cty Bk. McKeosport. McK'port
Charters T. Co . McK'e. R'H.
Charier Nat. Ilk.. Media ... ..
Cltl7ens Nat. Bk . Mi-jersdale .
Citizen N-at. Bk.. Mlddlelown.
Citizens Nat. Bk . Lalrobe.. ...
fintrsl Nat Bk . Mt. Union..
Citizens Banking Co.. Oil City.
Centennial Nat. Bk. Phila... .
Columbia Av.Tr. Co., Phila. . .
Commercial Tr. Co Fhlla....
Colonial Tr. Co.. Phila.
Continental Tr. Co.. Pch.
County Sav. Bk . Scranton....
County Tr. Co . Somerset
Citizens Tl. ft Tr.. Unlontown..
I'lt liens Nat. Bk.. Washlncton
Citizen. Nat. Bk.. Wavnesburg.
Citizens St. Bk., WllUamsport.
City Bk.. York
Colonial Tr Co Reading
Maware Co. Nat. Bk.. Chester
D'llsburc Nat. Bk. Dlllsburg .
rienoslt Nat. Bk.. DuBol
Dullols Nat, Bk.. DuUols
Drovers ft Merchants Nat.
Dime Bk , I.nnsford
nine Bk., Pltttton ....... ..
Dime Bk . Tl. ft T. Co.. Wilkes-
Do'lla'sav ft Tr Co V rcli '.'.'.'.
Exchange Nat Bk.. Pgh
F.lectrlo City Bk . Scranton....
Farmers Nat. Bk. Canton
Farmers Tr. Co. Carlisle
Farmers De. Bk.. Cresson ....
F m " DMm.atl '
First Sav. ft Tr. Co.. Dirry. . .
Fayette City N Bk . Fav'te C'y
trranklln Tr. Co. Franklin....
Farmer? T 4 Stort. Johnstown
TTarmers Tr. Co. Lebanon ....
r"" Nat- 1-f .chbunr. .
Farmers ft Mechanics Bank
Northumberland
Farmers nk..ParkesburK
Federal Tr. Co. Phila
Frankford Tr. Co., Phila
TTpanklln Tr. Co. Phila
KarmerlJ ft Merchants Nat. Bk..
Phoenlxvllle
Freehold Bk.. Pch .
Farmers ft Miner.
l'unx.utawney ........ . .
Farmers & Merohanls Nat. Bk ,
Farrmersl0Nat7 nic.V niidlnV.": ."
rr.rmers Nat. Bk . Somerset...
Farmers ft Merchant. Nat. Ilk..
Farmers ft Merchant.' Natilk'.'.
Kavette Tl." ' "Tr"..' ' Unlontown
Farmer, ft Mechanic. Tr. Co.,
West Ch'ster
?JfK.,r:nrf.?lnlci"Bk.:We.t
wirstVt. lik." "of" 'Yukon,' Yukon
Bk ,
Trast Co.,
$137 04
788 40
720.70
4.577.03
Ki'l.12
0.479.21
290 21
75.33
4'-fl 9(1
20,000.00
10,000 00
15,000.00
6.O00.00
12.6110.00
23,000 00
25,000 00
10 000.00
10,000 00
10,000.00
no.iion on
80.000 OO
13.000.00
100 OOft.llO
8(1,000 00
lo.onn on
10,000 00
18, 0(10. DO
ion (iiici.no
18.000.00
10.000.00
10,000.00
3, ono.no
8,000,00
150.000.00
60.000.00
B.OOO.OO
40 000.00
20.OUO.00
46,000.00
n.ooo.oo
20,000.00
23.000.00
6,000.00
B.OOO.OO
20,000.00
10.000.00
ln.opo oo
23.000,00
15,000.00
12,500.00
so. cioo, no
8.OO0 00
an.nnn oo
io.ooo.nn
18 000.00
Ao.noo.oo
20,000.00
100,000.00
30.000.00
23,000.00
133,000.00
10,000.00
40,000,00
230 000.00
ss.ono.no
16,000,00
2Ti,000. (10
26,000.(10
76,000.00
5,000.00
10,000.00
16,000.00
40 ooo no
16,000 on
33,000.00
AO.ooo.nn
loo.ooo. on
loo.oon oo
23.000 fin
8.000 00
278 oon.no
2A.O0O.O0
6,000.00
30,000 00
23,000.00
20,000,00
23,000,00
10,000 00
20,000.00
lo.ooo.on
10,000 on
16,000,00
b.ooo on
123,000.00
23.nnn.on
300.000.00
60,000.00
20,non on
60 ooo no
10.000.00
7,500.00
t
1A.0OO.00
100,000.00
10,000,00
10,000.00
First Nat. Bk.. Dushore
rirst Nat. Bk., Ebensburc
First Nat. Bk.. of Salisbury,
Elk Lick
First Nat. Bk,, Erie
Fhst Nat. Bk., Oencssen ..
First N. Bk.. of Qlen Campbell
First Nat. Bk.. Orcensbure. . . .
5-iirmers Bk ft T. Co., Indiana
trJJK.rs ft Trad'rs Bk. Westf'd
First Nat
First m,
First N-at.
Firsi ."(
Bk.. Aliaulppa
Bk , Ashley .,
Bk,. Reiver Falls..
Bk , Bedford
First Nat, Bk,, Bellwood .
First Nat. inc., I'ernn
Frst Nat. Bk.. Blalrsvllle .
First Nt Bk Cambridge Spgs.
First Nat, Ilk., Carnegie ....
First Nat. Bk Canton
First Nat. nk , Carmlchiel... ,
First Nat. Bk,, Charlerpl ... ,
IFlrst Nat. Bk., Cherry Tree...
iFlrst Nat. Bk., Chester ,
trlmt Nat. Bk.. C Urlorl
"., vonnuenc.,,,,
Blc. Crtsson. .......
First Nat.
run nai.
in.non.nn
s.nnn on
A.ooo no
8,000, no
2n,nno no
B.nnn.nn
sn.nnn no
lo.oon no
lo.non on
in, ooo.no
73, ono on
m.nnn nn
An.nno.on
iB.nnn no
in oon. nn
23.000 nn
s.non.on
S3.non.oo
18.nnn.nn
B.OOO.OO
25,000.00
First Nut. Bk.,
First Nat. Bk..
First Nat. Bk
First Nat. Bk.,
First Nat. Bk.,
First Nat. Bk..
First Nat. Bk..
First Nat. Bk.
Hbc ,. .
Intercourse. .
, Lattobo....
Lebanon . . , .
L kens
ManstleM. ...
McKcesport..
Meshoppen.
W itv , .-.." (i-is; 'yfjyjh t,.t-' v )tjV.itlW'
. !V -ii v" '' 1
W
-i
'if i-if
2u' r
First N. B.. Mononcahcla City
First Nat. Bk., Montgomery...
First Nat. Bk., Montoursvlllo. .
Tlrst Nat. Bit., New Freedom .
First Nat. B.. New Kensington
First Nat. Bk.. Nuntlcoke
First Nat. Bk , l'itcalrn . . .
First Nut. Bank, ot Pittsburgh
First Nat. Bk . Plttston
First Nnt. Bk.. I'll mouth ..
First Nut. Bk.. BlmersburK....
First Nat. Bk , ltjsiclton. . . .
First Nut. Hk , Hajre
First Nat Bk , Shenamlouh
First Nut. Bk., Shlppensburg
First Nat. Bk.. Somerset . . .
First Nat. Bk., Spring Oroa..
First Nat. Bk.. Trafford City ..
First Nat. Bk.. Tyrone
First Nat. Bk., Washington....
First Mat. Bit.. Vi'eathcrly
First Nat. Bk., Wellsboro
First Nat. Bk., Wrlghtsvlllo. . . .
First Nat. Bk., Wyoming
First Nat. Bk., York
First Nat. Bk., Youngsvllle, . . .
First Nat. Bk., Danvlllo
First Nat. Bk., Patton
First Nat. Bk.. Centralla
Ulen nock St. Bk , Glen Rock
Gettysburg Nat. B Oettsburc
Olenslde Nat. Bk., Olensldn . .
Orange Tr. Co., Huntingdon .
Orave City Nat. Bk.. Qroe City
Glass City Bk . Jeannetto.
Olrard Nat Bk . Phlta.. . .
Guarantee T ft S U Co.. I'lilla.
Hszlanood 8. ft T Co l'gh
Hamburg S. A T. Co . Hamburg
Homer CltJ N n Homer City
Honeadale N. B., Honesdalo
Hanover B. of Wllke.-ll.irre
Hop Bottom, N. 11., Hop Bottom
Hustings Bk , Hastings
Industrial Nat. Bk.. York
Joannetle S. ft T. Co., Ji'iiuntUo
Jenklntown N. B., Jenkttitoun
Juniata V. N. B , MlRllntowii
Keystone Bk., Hbc . .
Kano T. ft S. Co.. Kane.
Keystono Bk., Scranton
Lincoln D. ft T. Co., Altoona .
Latrob T, Co . Latrobe
Lebanon Co. Tr, Co,, Lebanon
Lebanon Nat. Bk., Lebanon
UtUrstown N. II.. Llttlestoun
Luzerne Co, N B.. Wllkes-Barra
Moxham D. 11.. Johnstown.
Mfg. ft Mech Bk.. Black Lick
Miners Nnt Bk., Hlossburc
McKean Co. Tr Co , Bradford
Marine Nat. Bk.. Erie
Merchants Nnt Bk.. Hbg .. .
.Miners llrp. Bk , I. kens . . .
Madera Nat. Bk., Mnderu
Marlon C. N. 11.. Marlon Centre
McK't T. ft T. C . McKcesport
Moerstown T Co, Mejerstown
Middle City Bk . Phllu
Miners Sav. Bk.. lMttatnnn
Merchants N. B , Pottsvllle .,
McDowell N. II . Sharon
Miners Bk., Wllkei-Ilnrre
.i ye m town in ji , xviyerstnwn
Mononcahela N. II., Brownsville
Nasareth N. B.. Nn7areth
North'nd N B.. Northumberland
Nat. Bk. or commerce. Fhlla
Nat Bk, of Oarmantown. Phila
Ninth Nat. Bk.. Phila . . ..
Nat. Bk. of America Pgh
N, B. of Fayette C, Unlontown
N. C. T. Co., Wllllameport
N. C. N. B.. Now Cumberland
Oil City T Co . Oil Clt ..
Old PnD. ft D. II . Old Forire
O'yphant Bk., Olyphwnt .
nxrorn or Frankford Phila
Peoples N B.. R.Miolil.vllle
Peoples Nttt Ilk . Norrlstown .
Penn Tr Co . Allentown
Phllson Nat, Bk., Berlin ....
Peoples Nat. Bk , Carnecle . .
Penna. Nat. Bk.. Chester
Peoples Nat Bk., East Brady
Peoples Nat Bk , Edwardsvllle
Peoples St. Bk. Boswell
Peoples Bk.. Hanover
People. Nat. Bk . Lebanon . . .
Peoples Bk , McKeespurt
Peoples Nat. Bk., Mifflin
Peoples Nat. Bk.. Monosson .
Peoples Bk of Oxford. Oxford .
Palmyra Bk., Palmyra
Penbronk T, Co., Penbrook....
Peoples St Bk. E. Pgh
Pch. Tr Co.. Pah
Potter T. ft T Co Pgh.. ..
Provident Tr Co., Pgh
Peoples Union S. Ji , l'llleton .
Plymouth N II Plymouth
Port Royal N. 11 , Port Rvvnl
Pmiiii i'H H II of Red Linn
Peon e. s ft I) II Soranloii
Peoples Nat. Bk . Spring Orovo.
Peoples Ilk., Steellnn
Poinlos Nat. Bk , Stewnrlstown
Prop es Tr Cn . Wjomlsslng
People. Nat Ilk Irfinghorno .
Providence Bk Sernnton
Pittsburgh s n , T'uh
P'lany N. II I . Punumtawnoy
Republic Tr. Co Phlln . ..
rteal Kstate Tr Co., of Phila..
nitUnbnum Tr. Cn TV-lla..;
ntal Hat Hit Tie "A A SlU '
lUiulna tfet, B'kdjJiU;;
.'e -"'J
18.000 oo
lo.noo oo
7.500 0(1
37, 60U.OO
110.009.00
20O.00O.00
10.0UO.00
3O.0UU.00
10,000.00
10,00(1 OU
lo.ooo.oo
23,0(10.00
10.000.00
15,000 00
3.000.00
io.oou.oo
lo.ooo.oo
10.000 00
23.000 00
lU.OOO.OU
123.UUO UU
70,0011 uo
23.0UU.II0
16.0UU OU
10,001) uu
1U, 111,11 uu
4U,Olltl.0U
13.UUII U I
33,I1UU.I,U
10.OOii.un
10.000 "0
25.001, U.)
23,000 Oil
lD.lltlO.UII
40.0llU.ll0
10.000.00
1U.UU0 UO
26,1100 00
A.OllO.OO
15.0UO.00
B.OOO.OO
10.000.00
10.000.UO
20.000,00
15.000 00
10.UU0 00
20,000.00
1(1,1100 00
21ll.OUO.Oil
(i.l.OIJO.O,)
20,000 on
K,,U(I0 OO
15,000.00
20.000 Oil
111 (mil. 'in
6.000 CO
A, linn On
lo.noo 00
lo.oon no
iu.iiuu.uo ucil Lion First N. B . Red Lion
10.000.00 Ridley Park .V. 11. in,n. nrv
Russell Nat. Bk . I-wlstown...
Real KM. Tr. Co , Wuehlngton.
Roxboroush Tr. Co , Phila . .
State B. of Ellzab-th. Elizabeth
security Sav. ft Tr. Co . Erie .
Sav. ft Tr. Co. of Indiana. Ind'a
Second Nat. Bk Jlesersdalo ..
Second Nat. Bk , of Tkd., Phlln.
Son. of Itulv St. Bk., Phila. . . .
So. Italia St. Bk. Fhlla
Southwurk Natwllk., phila... .
So Sldo Tr. Co , Pgh!
Scottd.ile Tr. Co. Scottdalo...
Snow Shoo Bk.. Snow Shoe....
Stroudsburc Nat. Bk , fctrouds'g
Swurthmoro Nat. Bk.. Hwarth'o
Safe Dep Bk , Tamnlum. . .
Sccurlti Tl. ft Tr. Co . York.
Seootid Nat. Bk., Tltusvllln .. .
Tucony Tr. Co, Phila
Tenth Nat. Bk., Phila ... .
Third Nat Hk.. Phil i
Tlnlcum Ilk of Esslnston, Ess n
Third Nit. Bk.. Scranton . ..
I'nmituin S ft T. Co.. 'luren m
Tower City N Ilk.. Tower City
Tinder. Nnt Hk . Mcrunmn
Turtle Creek S. ft T Co T C'k
Tr.ide.nicna N.it. Bk , I'lilla
Tioga Co. S.ftr. Co.. Uellsboro
Union Nat. Uk.. ConnelUvllle
I nlmi 'lr Co., Donnru
Union Tr ( o of Pu , Hbc.
Union Hk. ft Tr. Co.. Dj Hols .
I nlon Nnt. Bk., Johnstown ..
Union Nat. Bk.. McKeeiport.
Union Bk. of Nunt-Y-Olo. Nunt-
VOlo
Union SavRs. Bk . Pgb
Union Tr. Co. of Pgh . Ph . .
Unlontown Tr. Co., Unlontown.
Union D. ft Tr, Co . Wajnesboro
Un on Tr. Co . Uincaster .
Un pn N. B. of Mt. Joy Mt Joy
J.u ey Nat. Bk., Chambcrsburc
alloy Tr, Co . Palmyra . . .
Worthlngton Tr. Co, Pgh
West Sldo Bk . Stronton . . .
Wilbur (E. v ) Tr. Co . Bethle
hem Wurren h Bk. ft T Co War'n
Washington T. Co. nnhlngton
ayneliiiri Tr. Co , jnes i,i
West Sldo Bk . West I'lttM.m
MtomliiK Val Tr. Co Wilkes-
llarro
Wllliamsport N" Bk , William t
Wn Ur. N'ut Bk , Wlllldmsiwrt
VMndber Tr Co. Wlndber
Woodlawn Tr. Co , Wwidluwn
"ii mm im ...r,,lr.ul. 'itl 1,K. otk
T ' iio ' 0 Womelsdorf U Bk.. Womele.lorf
ii'nnnim Xu.h.Tr Co. Connellsvllle .
York Tr Co . York. .
York Haven St Bk . York Hi n
U"rn Exchange Nat. Bk . Phila.
Phila Nat Bit.. Phila
uuakor City Nat Bk.. Phila
Colonial Tr. Co , l'gh .
Diamond Nat Bk Pgh .
Mellon Nat Bk.. Pgh . .
10,000.00
2.'i,ouo.0O
5,0(10 (10
13.U00.0U
loo.ooo no
lo.ooo on
10,000.00
6.0011 0,)
20,000 no
15 ooo on
6.000 110
l.'.nun on
lo.oon on
2o,oon.on
A.ooo on
r. ooo oo
10 110,1 nu
in ooo no
a:, ooo on
10. nun nn
mi, ooo. on
Nil onn on
23,000.00
23,1100 00
93.000 (10
io.oon.on
83.000 00
20 ooo no
10.000.00
so.oiio no
18,000 00
13.000 no
20 000,00
lno.noo.nn
70 oon on
to.nno nn
60.000 nn
lo.oon nn
in.onn nn
in in n no
1,1, oon on
lo ono nn
23 onn nn
13 nno on
in.non.nn
lA.nni) no
13 noo on
lo.onn oo
lii.ono nn
in oon no
m onn nn
7(,nno oo
3 ooo no
13.ooo.on
in, oon nn
in ono.no
in.onn no
10,000, on
iso onn on
13,000 on
40,nnn nn
Bn.nno on
in nnn.nn
6. nno ni
3 nno oo
jo.-, nun no
in nnn on
an (inn nn
20 nno nn
in ono on
20 nnn nn
IB.nnn on
1 o nnn vt
Ilo.ooo nn
4n,nno on
inn.nnn.no
r.ii.ooii.iin
10,000.00
10,000.00
23.000.00
25,000 00
10.000.00
10.000 00
.'5 DUO 00
100.000.00
2,1.000 OO
5.000 00
3.000.00
10.000 00
60.000.00
25.000 00
33.UOO 00
B.OOO.OO
45,000.00
20,000 00
10 (MKI.UO
1B.00U.II0
1O.0UO (JO
30,000 00
in.CKIO 00
si.ooo on
6 ono i)
20 oon uo
10.ooo.on
8 OOO (In
10, 000 00
lo.ooo iiii
4o non oo
6.000 00
2J..'illll 00
211 (IIII) 110
30.000 00
23,0(10 00
10,000.011
13,000 00
5.000.00
100. ooo on
40o,ono.on
25,000.00
as.oou.uo
2U.000 00
lo.ono oo
S05.nou.oo
lo.noo oo
Ho ono on
lO.UOO.OO
:oo.onn no
60,0110 lid
43,00(1 Oil
2n (inn on
10.000 uo
Mi nnn nn
jn ono no
40.IIO0 no
20 OIHI IIII
20.000 nn
5 ooo on
10 uoo on
An ouo oo
in. non oo
3 ooo On
40n.ooo on
5J3.319 92
l.ooo ooo no
l.ooo.oon no
TOii.ono oo
300. OOO W)
Valley Nat. Bk., Chambersburg 10,000.00
Diamond Nat Bk., Phg 17ll07.10
Total Amound In Fund for the
llUtllCnt Of llt.tintle
GAME PROTECTION AND
r. , .... FUND
Colonial Nat. Bit.. Vh ...
157.107.4n
PROPAGATION
. . 21,245 79
m
8 Days x91 00 9 Days $96
Including All Expenses for Steamer, Hotel end Side Trips
(2S9o Payment Insures Reservations
Balance 10 dirs before sailinr. date.)
Pnnl Imnenrsrine flimnfe All Outdoor Snorts
v..,.. ...-.,, -------- ---- ...r a,
'ioir. Tennis ana Bamnp. oaininB, nimor iiuuiniB ..;,"
rismnsr in encnanicu oayn iwiu nucia hiu.iie,, ...-
ng or Cycling over smooth white coral roauwnya
or vlsitlnir Bermuda's wonderful Crystal Caves and
'W mnrvcloUB Sea Gardens.
V-l .... -
.! fWn PneenorfsSnihniTc Kverv S llavi I '
"n Via Palatial Twin-Screw Steamers
'TortVictonaand'TortHamilton"
Semi for Free lc Lnxr .turn Tours Uklt tn
f URNESS BERMUDA LINE
34 Whitehall St., New York
FURNlfiS WITHY CO.. LTD.
iiour.e iiiuc. inna.
or titv Tounst Ayenev
NAWSCO LINES
rier 10 North
S. S. Lehigh Now Loading
Scheduled to Sail Aug. 27th for
SAN DIEGO, LOS ANGELES, SAN FRANCISCO, OAKLAND.
SEATTLE, TACOMA, PORTLAND. ASTORIA
AND VANCOUVER, B. C.
For Rates and Information .
NORTH ATLANTIC & WESTERN S. S. CO.
Agents U ."? SMnri vn Jlonrtl
136 S. Fourth St.. Phila. Phone Lombard 5791-2-3: Main 7781-2
Total Amount In Fund for
Game Protection and Prop
agation h. , INSURANCE FUND
Allison Hill Tr. Co.. Hbg.
Anthracite Tr. Co . Scranton'. '.
Broadway Nat. Bk.. Scottdale
Carnegie Tr Co. Carnecle....
Continental Tr. Co., Pch..
bounty Sav Bk.. dcranton
Citizens T.ftT Co.. Unlontown.
Delaware Co Nut. Bk. Chester
Drovers ft Mer. Nat. Bk.. Phila
I armera B. ft T. Co.. Indiana?
First Nat Bk.. Duquesne . . . .
Hret Nat. Bk Ebensburc
1- rst .Nat Bk.. Murjsvllle .. .
Hrst Nat. Bk . Plymouth.
Hrst Nat. Bk , Tyrone
First Nat Ilk Wellsboro." '
Grove City Nat Ilk . Grove City
Guar. S D. ft T Co . Butler .
I. berty D ft S Bk Carbondale
I. nco u Tr. Co Gettvsburg . .
Lincoln Trun Co . .-.cranton
.Monroo Co. '1 ( o . E. S burg
Ornngo Nat Bk Downlngtovvn
leopes Nat Bk Duncannon
Peoples Bk I nlonvllle. ...
Heal Est. Co of Pgh .
Illttenhouse Tr. ( o. Phlta'.'
Hoosevelt Bk Phila "
Sixth Nat Bk , Phila....
Jtroudjjiurg Nat Bk., 8' burg.
Tit Tr. ft fl. Co Johnstown
Union Tr. Co of Pa . Hbg
Union D ft T Co.. Wayneshurir
Wllbur (E P ) T Co.. Beth"m
Wllkos-B. D.4T. Coiwilkes.B:
Commonwealth Tr. Co., Hbg...
TflUI 'ta'te'cS'lWvd807'093-03
Commonwealth Tr. Co , Hbg. u 53.078.00
21.213.79
23.000.00
10.OOU.00
25. UOO. 110
60,000.00
15,000.00
10,000 00
10.000.00
05.000.00
20 000. oo
80,000.00
25.000.00
33.000.00
3 000.00
23. UOO. 00
.1 000. OO
10 OOO 00
30 OOO 00
23 000 1)0
25 0(10 UO
lo.ouu un
io, noo oo
lo.ono on
23 OnO 00
0.500 00
8.000 00
23.000 00
80,000 00
io.ono.ou
25,000 00
63,000.01)
20.0110 00
7.800.00
13.000.00
60.000 00
25,000.00
83,005.03
Marine Despatch Line
Los Angeles San Francisco
Seattle and Portland
CARGO RECEIVED DAILY AT
PIER 40, SOUTH WHARVES
S. S. Cape Henry Aug. 29
S. S. Henry S. Groves . .Sept. 20
For Rates nnd Information Apply
Atlantic-Gulf & Pacific S. S. Corp.
Room 3CO. 139 S. Third ht.,
Philadelphia
Lombard 2353 Main 6077
Total nmount In State Bund
Road Fund .. . . . 11.200.510 02
MOTOU-RWaiSTHATION AND LICENSE
Ablngton N. B darks Summit 13 ono oo
Hank of Pgh N A Pgh 2(Mi noo t
Bethlehem Nat Bk., llethluhrm OO.isio in
lentnil Tr Cn . Hbc 0.1 (inn nn
UtUensN.it fik , Wnvnesbn. IS.Ono on
( Itlzens T ft T. Co . Unlontown 50 000 on
Moichants Nat. Ilk . Ilbg 93 iiOo.dO
Peoples Ilk , McKeesport 20 (ion (in
focurlty Tr Co . Hbg .i noo on
Harrlshurg Tr Co., Hbc 8.'4 hiis 70
Commonwealth Tr. Co, Hbg 1.318 H1H lis
Merchant. Tr. Co, Hbc. Mil 70S ut
Colonial Tr. Co.. Pgh lOu.700 i
Total amount In Motor RegT "
Istratton nnri T.i.u...at-A
Fund
SINKING. FUS'D
American Bk , Ebensburc
Anthracite Tr Co Scianton
Anchor Sav Bk , Pgh ...
Bradford Nat. Bk . Bradford
Commercial Nnt. Bk Bradfor.I
Colonial Nat. Ilk . Connellsvlllo
F ft T Nat Bk., Westtleld
F Cllv. Nat. Bk . Fajctto CIO
F ft M 'lr Co , Wist i hir
First Nat Ilk.. Galoion
First Nat Hk,, Knoxvllle
Flrn Nat IlkY. Manslleld
Flist Nut Bk , Ration
First Nut Ilk , Suaquohunna.
First Nut Bk . Ebensburg
Helghta Dep Bk . Wilkin Uarro
Kennett Tr Co , Kennett .Square
Monongahola N B . Biownsvillo
Miners Bk , Wllkes-Burre
I'unxsutuwney Nat. Bk Ptinx'y
Pa Co for I. on L., Mtc , I'lilla
Illttenhouse Tr Co.. Phila
Somerset Tr Co , Somerset
South Side Tr. Co , Pgh
Sicond Nat. Bk , Mejersdale
Tioga C S ft T Co . Wellsboro
Union Tr Co of Pa . Phila
Union Nnt Bk Soruntnn
Quaker City Nat Bk.. Phila
Commonwtalth Tr Co. Hbc 7V323.02
Total Amount In Prison Man-
ufarturlng Fund . - .. n
riMI I'linr.KHTIO. FUND "
Hnrrlsburg Tr Co.. Hbg .. . . 18 71S.M
Totnl Amount In Fish Propa- "
gatlnn und m Tn on
FEDERAL APPROPRIAriON 'FOR VCJCA
TIlIN M. Ktll'iUTrnV" OLA-
( arneglo Nat Uk . Curnegle
citizens Nat Rk Mejersdale
County Tr Co Somerset .
I armerB Nat Bk Somerset
First Nat. Bk Confluence
Houtzdale Tr. Co Houtzdale
.Nat. Bk of Faettn Co . U'tnwn
Pljmouth Nat. Ilk Plvmouth.
Union Tr Co. of Pa . Hbg
Wlnclber Tr. Co Wlndber
Queaher Oltv It Bk. Phila' '.
Colonial lr. Co Pgh
DIRECT
Danzig'
To
Lim
SERVICE
Riga Libau Stettia
From
PHILADELPHIA LATE AUC.
U. S. S. B. "Oronoko"
I'rom
New York August 30
U. S. S. B. "Fort Armstroni"
HARRISS, MAGILL & CO., Inc.
Ajrcanta
lAtnjette ItMc. Um. A3 2 (VI) Main 7520
c Whits star
Nevr York Cherbourg Southampton
lADItlVTIC . . Aug. 31 Oct. 6 Nov. 20
OLYMPIC .. Sept. 3 riept. 21 Oct. 13
New York Liverpool
CK11IW s,pt 3 (let. l Oct. 20
CKI.TIC s,(. 17 o,t, IS Nor.,lS
BM.llC s,nt. 24 Oct. 22 Nor. 10
New lor It and Boston -Azores, Glbrultur,
Naples nnd (,ennn
CRETIC hrpt. 7 tic t. 28
Mi'HH Sept. so Nov. S Dee. 0
CANOPIC Sept. 30
Phlladelpblit Liverpool
I HAVr.ItFOHU hept. 17 Ort. 22 Not. 20
I INTER TRIPS DE LI XE
i To Madeira, Gllirnltnr Algiers, Monaco (or
the French nnd Italian RJvleru). Genoa,
Nnples. Athens nnd Alexandria.
ADRIATIC. 21,311 tons . Jnn, 7 Feb, 18
! Eeb Star Line
' ..MtJV nT PI mouth, riierbourg, Antwerp
.r.RI,Ml . Sept. 10 Ort 1.1 Nor. 10
MtJ.'S,I'AN,) " " Or. 82 Nov. 20
isU.'-AV Srl,t 3I " n " -I
IIT'.J,.V. .. 0', 'ov. 8 lire, 10
... I!'.1! 'I'ldil; llaniburir I.lluu Dunzlc
i s.Vl,VN,.,3d el-s pnsH'gers nnlv) Aug 31
, Irelght for Dnnzlg onlj- .-all from New
lork one dm Inler.
I Phllndelnhlii Antvtero
MISSISSIPPI Aug. 27 I MAHOFAC Sept. 54
zer2gah Line
MINVFKMIDV Sept 22 Nov. 8
MANUlll ItIA Oct. 0
23.000.00
1 o ono on
in noo on
15 non oo
3 ono no
21 onn nn
3n oon nn
1.1 nnn on
no onn on
23, onn no
89.01.1 ,i
23 212 47
lime Steamship Lines
PHILADELPHIA to BRISTOL
MANCHESTER, GLASGOW
U. S. S. B. S S "OPELIKA"
Expected to Sail Middle Septembrr
for ROTTERDAM
U. S. S. B. S S "WESTERN HOPE"
lllrted to Null liniHt .III
AT CONFERENCE RATES
Horriss, Magill & Co., Inc.
425 Lafayette Bids., Philadelphia
omburd ."..'.'0 1 Main 7Jj(,
ST1.MB0TS- TOl KS
3 337.102 60
137 500.00
Ml 000.00
10 OOO Oil
8 not) no
.1 nno 00
32 .1(10 III)
lo.noo no
lo.o HI on
0.1 nno tm
3 oflo oo
6 ooo oo
,1 000.00
10 nno oo
10, non nu
5 (100,00
2o.oon imi
30 111)0.00
13 000.0(1
311,000 00
70 OOO 00
23 Onn no
60 nnn on
33 nno on
in. ono on
10 onn nn
an nno on
30 onn ini
15 ono no
3 320 2(1
Total nmount In Slnklnc Fund
FUND Toil THE PAYMENT OF
Bedford Co. Tr. Co Bedford
Continental Tr Co Pgh
Central Nut Bk . Mt Union
I'lm Nnt Bk , Addison
Fliet .Nat Ilk Cherrv Tree
lloutxdnle
New WllmlnRtm
homurlleld
Shenandoah .
Tl nuevriu
sayrt),,,..,
,';)!'
rust N it
First Nut
Firtt Nat
First Nat
First Nat
Nat. Bk ot Ha j re
Ilk
Ilk .
Ilk .
Bk
20,000.00 l'eoplt'J Ilk, Mcliocspoit. .
SO.OOO.OOlun. Nat. Bk, of Ut. Joy. Mt. joy
113 S 320 211
BOU.N'TIE.s
io. nno on
in nun on
3 oon no
in non uo
3 nno on
6 non no
5 (100.00
10 onn un
3u.in)o no
6,000,00
10.OIIO.llf,
tn.nno.oo
18.000,00
Total Amount In Federal An
prlatlin for Vocational Ed
ucation Fund
BAN'KIN'O DEPARTMENT
Quaker City Nat Hk Phila
Totnl Amount In Banking D'
nartment Fun 1
r..l-rUIJll..-Tl 1'IMl MIRtCI i-r V,' .'
DEPARTMENT "
"'.T ran l" II IT Co Phi. it nn .
Bethlehem sn'non oo
l-nila 3 74,1 i0
I 440 7-.
Bethlehem Nat Bk
Quaker City. Nat Bk
Total Amount In Experimental
Fund Dipt of Agriculture
EMPLOYES' ANNUITY SAVINGS
, STATE SCHOOL
Quaker City Nat. Ilk., Phila. .
Total Amount In Employes'
Annuity Savings Fund
State School .. ,,,,
STATE ANNUITY RESERVE FUND NO "
I
i.ii...i.ii.in i... ,
5LVCKIN W ...Sept. S
. ATLANTIC TKANSPOKT IJNE
1 Phllnilclnhlii Iindon
MACK1NW Sept. 3 MMIOPAC Sept.
HOI.I.ANI).AMF.RICA LINK
Pbltailelphlu Rntterdiini
SCHIF.H1K Aiig.30 , h()ErilYK Sept. SI
1-I.LD1K ,)ct. a
International .Mercantile Marine Co.
Ill sTl.AMERS. 1.2,10.000 TONS
l'neniier Gillie. 1310 W loot st I',i.
l'relrht ORlce. 105-111 Botiro Hide , Phlln,
Savantialt DuMiBbt-savinc
Jacksoniillo I Tiipu K I m
(loston. Wed., 5 P.M.; Sat. 2 P.M
An invigoraiinc enjoyable ocean voy-
r bullions or passengers car-
ri-'i mi i'H iom Tickets In
c'ude mii ft HeMh nn main deck.
. . .,.7;. '"T ""'rrqren: miner
IKA.Nb. t0. Established 1k.-,j
I" IK s 11,1 uv Tel l.nm. 1900
7,1 740 in
FUND
40 73S 10
SCHOOL
J'nua.
20.S81 no
20 nnn nn
2,1 nnn on
in nnn nn
33.22Q 09
PT ITU
Quaker City Nat. Bk
Total Amount in Stale Annu
Uv Reserve Fund No 2
State School n .
STATE BOND BOD FU.NI siVliivi ""
FUND "i.ivl.NO
-viiners i-nv. hk rntston .
Peoples Nat Bk Latrobe
Merchants Nat Bk Pottsvllle
Phila Nut Hk , Phila. .....
Total Amount In Stnte IlnnH
Road Fund Sinking Fund 108 ""n nn
Total Amount In All Funds. 720, no. 703 rj
The ahovn statement Include, the ..
oTlh'Tsan.e U'8 SU,' f" '" Wk.W
Interest at rate of three per centum
per annum Is payable on ;ienn.7i.um.
actlvrt, deposllorlee and
"it centum v-'el
posllorles
STATE Or PENVSTI.Vlvn
CITY OF HAIIKISIlUna ( SS
P'Tsonally appeared before m. Kamn.i u
lewis Aud'lor General Charles A s, .
State Trea.u.er who being duly sworn 1c
r:,J.,i.Ul. Ju.w. "l,h 't the fnre'irnP0
Mil
nnn
r.l. nt ...
ner ennitn, i .. ' ..'
.-. ., ,,, tigUVQ
at the
de
.uit.ment is true nnd correct
of his knowledgii and belief
Sworn and subscribed before me
da of August 1021
snmuei a. I,ews
forerolnw
to the lient
sTi:MimTs in Mnns
this Oth
.li0: anl. Charles
A. Snyder. State Treasurer.
published In pursusnre f tha
of Section 11, Act of February
Jlarrhburc, renuzylranla, .
provision.
17, 1090,
To Vacation Lands
via
DAY LINE
On your way to the vacation lands
of New York State, New England or
Canada you can break the monotony
of an all-rait trip by taking that de
lightful 150-milc sail from New York
to Albany on one of the Hudson
River Day Line's
PALATIAL STEEL STEAMERS
"tVashlneton Irvlni" "Uendrlck Uudwn"
DeWlltCllnlon" "Robert fullen" "Allanx"
A Hip that will refresh and Invigor
ate you in body and In mind. Mac-
nificent scenery; cool, spacious
decks; fine music. Also ideal One-
day Outings.
All tiroui'i litt,rs rradiny tin
,'l 1 urtt I : ,r U l ill ,-
llaiiraails belincii Alln m ami
t 1 nfc 1. 1 1 iur 14 1 r . 10 t
ncccpled
Hudson River Day Line
uttDrosses atrttt Pier New York
fa.
$00
Connections lor all
New England Lines
Fa.. River Line
1 "01 , ,rf(i(, iSu, , ,
tlr l Mm ,, I n. I, v,
I l'nll'in M Pier UN It 5 ;0 ..
.,,. ...iiiiik llliiliiyN
li
10
Dull
Nrw Itcdfnril Line
1" r-llll.lHV I v pi,.
lltitll (r. , 1 .1 I. .
New linilnn I Ine
sun, in l,uie pier
"ion Htreel "In n .
J ',1 u ,. ... ., ,. ..
II...H.I.7-W.. ..:".' -m
rickciKu, miAiijffii.SJr.u.M,.
iii
it li.
lui 1
4n N It H'
Pi I 7n I. It
1
c
u.
.Ov
r-sAl- r TO BALTIMORE
?' ERICSSON LINE
l.vri eveniPB- i 1 rtut'irduis. a o elook
I uio tnc vim U no round iiii, S3 uo '
DAY STEAMER
From Pblladi Iphlu nm 'I ue,ln Thiir.
.1. 'aiL-dav at 8 Ur, "Bj
ii ivnv 12 60 muni 'rip ' uw
Most b luiiful vvui 1 r i 1 ui r,f Phlladel
1 I . -il fin urnphlei , Hundav ste.m.r
-1 ,.n. IcHvra n davlicbl s.i .ijc llini
fl , I'ler I H.jth Uelaivure u" nu"
"'' " SPECIAL SUNDAY
7- . EXCURSION
" ".',""'. " I OH 1VUI.T til
licnutifuj Lorewood Grove
n tha t'hesapenke ft Delaware ran.l. Home
early same ninnr. n.i.....-' . 7Z"I,P"!!'
Kuulh I1I.mi.a a.. . 1, .-,.-!. IVSf. l.'Sf,
aoraiac dyUciUfptviii UmV
'J-
m.
.! , V .1
t U
i
l
I !
4
i
.
OMJ,
Ml 0
iMii .