-&- RVtf ,'., i- T ki f i EVENING PUBLIC tEDGER-PHltALPHIA FRIDAY, SEEMBfrE 0', 1921 . o m S- X i A Steady Record of Earnings since incorporation in New Jersey in 1912 during which time annual interest charges have been earned on an aver age over 3J4 times, 5.24 times in 1920 and over 5.47 times for the first six months in 1921 is one of our reasons for recommending the 7 Secured Gold Notes of the Havana Electric Railway, Light & Power Company due September 1, 1926, and con vertible at an attractive price Into the long-term mortgage bonds of the Company. We offer these Notes at a Price to Yield 7 Write for detailed description Hemphill, Noyes C& Co. Momhert .Van- York Stock Exchange Franklin Bk. Bldg., Philadelphia New York Boiton Scranton Buffalo Albany Syracuse Baltimore Decreased Operating Costs and Increased Revenues are apparent in the recent financial state ments of many public utility companies. We recommend Oklahoma Cas & Electric Co. Ffril and Refunding Mortgage 7 J20 Cold Bonds Due 1941 Price to Yield 7.90r?o Write for Circular Bonbright & Company New York Boston 437 Chestnut Street Philadelphia Chlcsco Detroit PRICE MOVEMENT IS VERY NARROW OTIS & CO. Stocks Bonds Acceptances Foreign Exchange Member of New York, Cleveland, Boston, Chi cago and Detroit Stock Exchanges, the New York Cotton Exchange and the Chicago Board of Trade. Private ivire connections with principal markets of the United States and Canada. 216 Superior Ave., N. E. CLEVELAND New York Boston Detroit Cincinnati Columbus Toledo Akron Younrstown Dayton Denver Colorado Springs Coppers Taken Up Again, but Leadership Was Not Popular - - - - - New Yorlt. Kept. 0. Operations In todnj's ctock market wore generally ineniiifclrAM ntitl to u lnrRc extent con fined to the f.milllr.r week-end evening up of professional traders, l'rlce move ment wan more orderly thnu yesterday, that is to nay, variations were restricted to Miinller limltr. The halting char acter of the trading was altogether logi cal in view of the" spirited llnetnntlons In the preceding sessions .ind the luck of Incentive for continued tietivitv on the constructive side. While Mt 111 "how lug tile effect of the weight of realizing dales the ino-.t part of the list gave ground stnbhornly. indicating continued absence of liquidating pressure. Attempt was made to stir up some frcMi enthusiasm by taking iin the metal group, including the long neglected cop pers. Declarutlon of the quarterly dividend of tift.v cents by the I'tah Cop per director'', and more favorable sta tistics concerning copper ItidiiMry opened the way for the moderate dem onstration in the red metal group. The icaticrstup was uot popular, more so beeaue of the belief thnt the strength of the group was being employed to ' fur"' tve nroiir-taking elsewhere. ' Overnight developments and the morning news rather favored the mar ket. The slight fall in the Federal Up son r ratio and Increase in discounts was altogether in line with the season able money movement for crop purposes. From a monetary standpoint it was easily counter-balanced by the reduced, interest rate on the offering of Trcasurj' certificates to come out next weok. whii'h could be accepted a- a reliable indication of ratter money market, con- t uiriuus. J.tie most important overnight development in a broad way wa tlie monthly (lo eminent, report on grain conditions with indication pointing to the second largest com crop on record and a reasonably large total outturn of wheat. This, in :i sense, furnished a practical assuiame as to the buying power of the Middle YV'st. about which many have ia,preed much worriment. 1 hen also could be coupled Secretary i Mellon' suggestions for certain changes ' in the fax program, which upset much of the recent distrust manifested over the outlook for tax legUInt on. 13vi ' dently the market was no in a receptive j mood or at leat thoo responsible for i the recent flare-up had not been nb : to get their second wind. I Miirti rout. nan to )irrs their ad vantage at the opening. St inula I'd rails, as well m food and chemical I shares wore tingled out for further at tack, notably Northern l'acilic, Ameri an Sugar and United Drug nt declines , of 1 to I1" points. Oils also weic j lower. Mexican Petroleum's slight ml - Hal advance soon being cancelled. Nn i tionnl Cloak and Suit preferred was weakest of the specialties, fulling .V4 loints on two transactions. Mlscel Hn.'otis shares of the var. 1 types rep 1 resented by Famou Player--. Con tiiunral Cnn. Sears ltoebuck. Sumatra Tobacco, Pullman and Cuba Cane pre ferred also lost I to 'J points in the early selling. The market rallied parti ally befoic noon when coppers nnd other metals wer- taken In hand. alo Vana dium. Gulf States Steel and Kndirott .lohnson at gains of I to l'i. points. Canadian Pncitie was heavy, but iff subsidiary, "Son" preferred, pom. 4 points. New York, Chicago and St. I.nuis gained .'5 points on announcement that cash dividends had been declared from fumU recently received from the. (ini eriimi-tit. LITTLE LIFE A LOCAL TRADING I Market Continues Thin for the inactive and Ubscurc IJfJa Spruce 8200 9 MINNEAPOLIS.ST.PAUL SAULT STE. MARIE RAILWAY CO. 10-Yr. Collateral 6Va3 R City Hall S Issues SKC'l'KITIEh nKPVRT.MKNT COMMERCIAL JRUST COMPANY Member Fetlernl Her en t I I S.'stelll B square. West j Tile local sfneks showed little life. Onl a few of the prominent issues aTiie our in th" early fading and the t-iinsr.cti.iin even in those favored ones were of small dimensions. Kxrv-pt in lie or tun Inactive shares prl"o changes were inconsequential. The market, as naturally would be expected under the circumstances, remains very thin for the obseurp issues. This was strikingly exemplified in the three-point decline in American Gas from the previous Bale, and which was made on relatively mod erate offerings. About the only one of the representa tive shares to command more than pass ing attention was Pennsylvania Kall- ioad. which continued to display the yinie notable lirmness at .'IS, indicating ci urlnu"d quiet absorption on the part of the smaller Investor. Lehigh Navi gation went 11 point higher on light pur 'hasing ordr. Lake Superior Cor porptioti pHinr-d another small fraction ;it "'4. which makes a recovery of l'.j points from tie recent low. On the other hand. I'nion Traction dropped tiack to .'iD'-s on a few odd lots pressed for sale. Philadelphia Stocks 1.1.1 P M no WE OWN AND OFFER AT K 10 l.lli't M tunnv o at JITJi' Ann al lift Iji relt nvd i ttfii ngs e-.u1 M WiotNtR Bids, Philadelphia Aiw litJk Stock xdattt VVM VOK IUZMITM. H.J. ea SIH Graphic Charts filiow tha' tirert sto' Us ni.' Iuh for 'an Impor'arf iixin. inent 1 ire should show a protit of f rt doiiiih and two otheru nt . -fi . jioitits Traders and Invest'im invii'd to inalio free examination F. W. UNGER Investment .inalynt Room 202, 130 S. 15th St. llnh Jiou- 1.-.0 Am Cas. .TJ .TJ 1H) Kej Tele 7'i T'j loo Lnke Sii'i 7'i 7Li .I Leh Nav. l."i H.'i :tfti Pa n it., as's ::s 172 Pliila Elec pivf.... IU.. L'C.l, 1011 Third Avp UW lflls JfMlTnno Ilel 1L. 11.. (!.- Ci. Trac. .'iO!,' :i(Hs i r ; i pf iWk -if7 -.',- i ''h.-inft iniiv by -aln Li Ne'v Vurk .Mtm-k I'lllI.MlKI.rillA llONDh HI (flWl Libert 1th Ps '.'IS.... limn LihrtV 4th I'c '!5S 'JT.-id V'ctorj -'!ls 'i". loo Vl-tiirv C'iS ,-J:i V.DIMI Itiililulu Loco 1st ."s... :iimiii Itell Telenhone 7s ,"0rm K'ectrie & Peo Is lots HX KqultabV (ins ."f 700 Phila Flectric 1st ."k :'WM1 Phila Klectrii- 1st ."m..b..s svt ;i 7V... 7i 4- , do 1 Klls l'-s HI "s . . NEW YORK STOCK EXCHANGE TRANSACTIONS Dlv. KntiB In t With Low StO .. Advance Humely .... n 13H aw .. AJax nubber 2?i lBi '0") 4 Allied Chem A Dyo... a."i4 as 3t9 4 Allls-Cbalmer 32 U 3114 SCO .. Alaska Gold Mines... Vz H tli) ., Alaska Juntau O M.. lYt VA "00 . . Am Agrlc Chcm 3SU 3 Son .. Am Agrlo Chom pf... 7 JI0J4 300 .. Am Heet Sugar 20',4 30 too . . Am Can 37 37 ion 7 Am Can pf R0? HOJi 24(ia 12 Am car & Fdy 13n 117 ttOO .. Am Clilclo 10 10 ion .. Am Cotton oil pf.... 45t, MA aon . . Am Hlda & Leather.. Vn 0J4 t00 . . Am Hldo A Leather pf 49J4 9 200 .. Am Internat Corp.... S0K 30M 4100 o Am Locomotive 00 V BS loa .. Am Ship & com e,y2 n' 1000 .. Am Smelt Sec 3(1 li 34V4 200 -Am Smelters Pf AH OH l(0 s Am Steel Foundrlen.. 21. J4 220(1 .. Am Sugar Ucf 01 Vi 00 300 : Am Sugar lief pf. . . . HS'K ' 3JO0 7 Am Sumatra 40H Hi 2.100 0 Am Tel & Tel 107 I00J, fiOO 12 Am Tobacco KH 12A 1300 12 Am Tobacco U 184H 13375 3000 7 Am Woolen 73Jo " 300 .. Anaconda Copper .... 3S 3GJi 000 G Atch Top A Santa Ko. K5U S4's 470O .. Atl Gulf & W I S S.. SCW "W 200 .. Atlantic Pet IO'j IOC. 37300 7 UiiMwln Locomottvo . M SI 1310 .. Ilnltlmora & Ohio.... 3S'i :i7VS too 4 Iialt'mnre & nhlo pf . . i-j '? 100 o Bethlehem Steel .10 fl0 4300 a Bethlehem Steel U.... 63 51 00 .. Urltlyn llaptd Transit 11 If'K 100 .. Butte Copper & Zinc. iz 'i 300 .. nutte ft Superior Cop. 13S !3ft 100 .. Uuttcrlck 2!i 24 4 200 .. Cnddo Central O & It. 10 10 100 a California Packlnc .. 03i 02? 1100 .. California Petroleum . 3H'i 30 100 7 California Petrol pf. .. 74' 71'i 200 3 Ca Zinc & Lend 4H M 1J0O 10 Canadlnn Pacific ....lt'.-h Mils inn .. Central Leather 27?. 274 300 . . Central Leather pf . . . 03 01 400 .. Cerro-de-Pasco ""' 20J 2100 fl Chandler Motors 47 Ji 45J-i 100 .. Chesapeake & Ohio... "44 H W 100 ,. Chicago & Gt Went.. 7H 7H 300 .. Chi Jill & St V 25'i 3i MO .. Chi Mil & St P pf ... 307i 3fl?j .00 8 Chi & Northwestern.. OS 05 100 7 nil & Northwest pr. .lot 104 190 4 Chicago Pneu Tool... .VJ 2 IS'iO .. Clil It t & Pnc S3!i 32J 1C0 7 "h B t & Pho 7rt. pf. 'a " 2100 . . Chllo Copper 1 1 U 10j 1S)0 .. Chlno Copper '-Hi 23H 100 .. Coca-Cola 34'j 34J.i 200 0 Colum Gas & Hlec... iO'i 50 3000 .. Colum Ornphophonn . 3?4 ."Hi 300 .. Consolidated Textiles, to; '0 1CH0 Continental Cnn ... 10 38 leo . . Continental Candy 3101) 5 Com Products Kef... "3Js 7t?4 100 7 Corn Products Rcf pf.101 101 2.100 3.50 Co.'den A Co 25i-j 24 T 39)0 4 '-ruclhle Steel M'a "?. 100 .. Cuban Am Susar.... 13 '-i L1 1000 .. Cuban Cane Sugar... U 74 3000 .. Cuban Cane Supar pf. IDfi 10 100 in Del Lack A Western . 103 103 100 l Ewrne Mines 17 17 330) 8 IJndicott-JohtiBon ('a 01 V 2400 3 Famous Players L .I"? 0', 100 8 Famous Players L pf. 79 70 100 7 Klsher Bodv pf 09 OS 100 .. Kislc Uubber .' ? 200 . . Gaston Wms A Wig . H 1i 2700 .. General A-plnUt 13 41? 1O00 General Electric 12 3', i 13 114 80t) 1 General Motors OH 0J 1C0 n Gen Motors ilb 6.. l'3'i T.31A 1SS0 7 Great Northern pf '.4?i 73i 100 4 Great North Ore ctfs. 3S ' 2S 100 . . Greene Cananea Cop. . S3 23 100 Guantnnamo Sugar .. 7(j 7J4 10.1 . Gll'.f State Steel .".7 'J 37',-j 1100 4 Haskell & Barker Car AM 57 200 .. Kendeo Mfp 1'.2 10 100 .. Houston Oil 4'Jra 40i 100 1 Hupp Motorcar I0"i 1056 100 7 Illinois Central 0' 3 530 00 Indiahoma lUf '-"a 2?i 2000 .. Inspiration Con Cop.. 3ia r.3'-2 3200 .. Interb Con Corp .1 -!j lion .. Interboro Con pf... IK4 0 100 7 Jut Harvester new. .. . 77',.i 77j 100 .. Int Mer Marine 10 10 100 o IM Mer Marine pf 4.j it'i 100 .. In'.ernatlonal Cement. '-414 '-l'i 1000 .. International Nickel . 14 13 20)0 .. Infrnatlonal Paper .. il 200.1 .. Invincible Oil Corp... U 0 3100 .. Island Oil 3?4 - li 1900 .. Kans.is nty houtheni 2'. 2.5H 100 .. Ki-lsey Wheel PO'n KOj 1000 4 Kelly-Sprliik'tielrt Tim. 41 i 40?i 100 .. K'-nnecott Copper ... . 11 9 10H 1:30 r. m. 10J4- nU 33!-14- 35 -57 -80 H 130 10 -45K- 0 40 H 30H 00 K 64- 3BJ4 08 3414 -r 0114- KSU- 400 107 t 13CU 121 J.-'f 73J4 1- 3S m- 20U -i-3S Bl? 50 4" 43 i II r 414 -03 38J4 744 4'4 l" 113 -27 ?4 1 03 -27l4 I 47J'. 54 M 1 7W 2514 3J& -05 101 -; 53 33 ';- 70Ji f lll'er 23 94-1 31'4 50 3 1- 1C- 33!b- 4-f 73JJ 101 - 24JS- SOU-f 131-j 7i- 1914 103 -; 17 C'."3 70 -OS 4SJi 13H4- 9J 63',4 J4?4T 2S 23 -i 7 Vi 3714 55 10': 05 - 314 ; ui'4 ;- 77)4 10 44 Vi 31 Vz II 47U 1) -'4 -SCVj 00 vs - 41I4T VJ 1 Net rhp. H 'h 2Ji A Hi li Vi v V Vi V w 2? ?4 1H M n 2! i H 5i J4 1 i 14 H Wi H U i ?4 Vi ' ' Vi Vi l'i 'a Hi '.i Hi ?4 Hi ' IVa t!-'o 4 ''A Dlv. SAlrs In t 500 100 400 3 3.100 1100 1 400 .. 380 7 050 23500 12 700 2 35 30 1,00 400 100 .. 500 7 100 7 1700 400 200 son 100 200 300 300 1100 100 700 3100 200 1500 1000 2400 lion 100 13A0 100 28)0 400 3300 .1000 701 300 I0C0 2S00 0)0 830 1X.13 10) 400 000 200 100 S00 1100 800 ton 300 .100 too 000 8. .100 100 400 1200 0700 10b. 4400 200 2S10 700 100 200 309 400 200 33000 100 300 too 3300 liOO 1400 1100 C100 1200 .100 uno 3400 2700 11)0 300 100 310 100 trio) 10" too ICO .1 tosyo 200 H400 1S00') 5U0 31100 100 300 200 100 200 100 200 HU0 000 HUll Keystone T A B 1314 Lackawanna steel . . styi Lee Rubber Tiro 35 V4 Lonwe Co 14 Loft Candy OJi Manatl Sugar 20 Manhattan Kiev uar. 40(4 Morlln Oil 1514 Mexican Petroleum ..113V4 Miami Copper 31 Vi Middle States Corp... llji . Mltlvalo Steel 24 . Minn A St Louts o;i 7 Minn St P A S St Mo. 70 14 7 Minn St P A 3 S M pf 67 . . Mo Kanenn A Texas. . 2 . Mo Kan A Tex pf... 2J4 . Missouri Pacific. 1014 . Mo Pac pf 3SV4 . . Montgomery Ward ... IB 7 Nat Cloak A Suit pf.. 83 H 0 Nat Knani A Stamp.. 34 y4 4 National Iad 131$ , . Nev Con Copper 11 5 N Y Air Brake. SI S New York Central... 71!4 , . New York C A St I,.. 01 H .1 N Y Chi A St L 2d Pf. 07 S N Am Term ctfs 37 3 N American pf ctfs... 33 7 Northern Pacific 7814 ,. Okla Prod & Itef . . . . 1J4 . Pacific Ilevot Corp... 014 . Pacific Oil fl0J4 Pacific Tol A Tot 80 u Pan-Amcr Petrol .... 4oU fl Pan-Amer B 43J4 t Pennsylvania n It.... SSj . . Penn Seaboard Steel. 8 . . Peoples Gas Chicago. 85J4" . . Pcro Maruuctte 1914 . . Phillips Pet S3 . . Plerce-Arrow Motor . 12 54 . . Plerce-Arrow Mot pf. 17Ji . . PIcrco Oil 7 3 Pierce Oil pf 4H& i PlttB Coal 67Vi . . Pressed Steel Car 56 S Pullman 02 . . Punta Alegro Sujjar.. 38i 2 Pure Oil 24J4 R nail way Steel Sprtnes M!4 . . Itay Con Copper 13 J4 4 Readlnc 0R'4 . . nemlnKton Typewriter I34 . . RcdIorIo Steel 23 . . Republic Iron A Steel. 4S . . Itepubllc Motors S',4 30 Royal Dutch Amcr. .. 6014 . . St Louis San Fran... 2334 . . St L ft S W n II 25H . . Seaboard Air Line Df. 10 Vi . . Scars-Roebuck 7V4 . . Seneca Cop Corp 1814 .. Shattuck Arizona Corp 014 .. Sinclair Oil 20 .. Sloss-Sheftlcld 35'2 0 Southern Pacific V7J4 .. Southern Rail 20 Ji .. Southern Railway pf. 40V4 Standard Oil of Cat.. 7IV4 Standard Oil of N J.. 130 Stand Oil of N .1 pf,..106-4 Stewart Wnrner Speed 24 10 Studebakcr Superior Oil Corp... Superior Steol Tenn Cop A Chem Texas Co Texas ft Pacific Texas & Pac C A O. Third Ave Tobacco Products ... Transcon OH Union OH Union Pacific 8 United Drug 6 United Retail Stores. . . U S C I V A Fdy . . V a Express ..Us Food Products.. 4 U S Ind Alcohol ..US Realty & Imp..., ..US Rubber 5 V S Rubber 1st pf... ..US Smelt A Rcf.... :.( V S Smelt A IK-f Df . . 5 U S Steel 7 V S Sleel pf , 2 Utah copper . . Vanadium Corp .... . . Va-Car Chemical ... . . Vlvadou Ina . . Wabash . . Western Maryland . . . . Western Pacific .... 7 Western Union Tol.. 7 WcstlnBbouso A Uraku S3V4 4 Westliighoust: 10 A M. 43H . . White Oil (J4 .. Willys-Overlund ii 4 Worth Pump Co 3s!i 75 4 4'4 30 J, Ht,4 35Ji 24 Vi 10H . 1014 0SV4 8 17 V4 120 48H 55 13 V4 u 17 46 U 48 46H 87 30 V4 39 17V4 100 !(, 49U 34 30 8H 7 9i 814 31 Vi 83 1.0 tv I3U 30 V4 25 V4 14V4 0M an 40 1514 111V4 2 OJi HV4 34 OJi on 87 1 2V4 10V4 38 18 53W 33 M 7314 10J', 51 71 V4 50 07 37 33 74 V4 14 0V4 35V4 53 48 Vi 43V4 3S 7H 55 V4 19 Vi 23 V4 20 W 43 H 51 V4 85 03 38 24J4 83 13V4 OS 23 M 24 H 47 ! 8V4 4914 2.1 ?4 25 H OJi 07 1714 Cta 1014 351$ 77K 20 40 V4 71J 13!) 10034 24 1334 414 .10 8 35 2414 10 15 00 7?i 1714 tio'4 4814 63)4 13V4 6Vi 17 40 Vi 48 4714 87 30 30 70 U 100 li 1734 3334 30 Ji 7J4 ' 614 21 3 82 !4 43 i 8?4 fl as 1 :30 Nt P. Al. Chue. 13V4 li 3914 85V4 14 14 H H OJi 14 30 - 34 40 1314 . . tt 113 - V4 2114 H 11?4 34 OJi- 14 70 Hi- "4 873 3 3V4- H 19t4 . .1814 .. 18 - 14 8314- 5J4 3.131- 1 7314 - Ji 11 '4 51 V4 71V4 .. 01K tX 07 ? 37 H 14 3334 J4 7814 - Vi 14 .. Vi- l 3014 H 50 4014 1- 34 4335 . . 381i .. 8 Vi 6JH . . 1014 33 V4 124 2714 1V4 7 - V4 4334- 1V4 67V4 50 1V4 02 - 1VS 28 - V4 2114- V4 8314 12 V4 I31i 34 ns-H 2334 - V4 25 48 V4 814 - 14 4914- 14 31 3 t '4 2534 34 10(4 14 C14- "A 18i 1 014 Vi 20 - 14 3514 V4 7734 Vi 20J4 Ji 4614- V4 71V4 .. 130 100 M- ji 24 - 14 7534 1 414 30J4 814 14 35J4 14 24J4 Vi 1034 14 10 114 08H 114 8 1714- 14 120 Vi 48 14 34 5434 Ji 1314 34 fl J4 17 14 46 j',- 14 48 - Ji 4814 .. 87 i- 2V4 30J4 1 30 114 77', H 109 J4 .. 49J4 134 34J4 114 29 Ji- 34 854 !4 7H- li 014 . 21Ji'r J4 83 t J 83 4 A 13 H- 14 834 - 14 014 14 3814 i- !i SCATTERED SALES OF CUB UES Market Holds Close to Previous Trading Position Tbbaccos Fair Demand in Now York, Sept. 0. Trading on the New . York curb market proceeded In a quiet manner, there being little fea ture In any group, and prlcco gener ally holding close to the previous trad ing position. Commonwealth Finance, however, was strong nt tho opening nt 08 J4, from which price It reacted to 00. Tho preferred moved up from 8.1 to 84. A bale of Oudohy I'acklng vah mndo nt fiOVi and Chicago Nipple at 3V4- The market continued one of scattered enlen, without any range of prices except In a few Issues. Tobacco stocks were In fair 'demand. Philip Morris remained unchanged nt 414. and II. J. Reynolds "1VP stock sold nt 87. Imperial Tobacco was sold nt 0V4. Sweets Company continued quiet and United Retail Candy was a shade below yesterday's close. Motor stocks wore Inactive, only a few transactions being noted In those issues. Continental Motors changed hands at 5. North American Pulp was traded in nt 8V6 nnd the certifi cates nt 1. Amalgamated Leather was steady atUJh. There were narrow moves In the petroleum ihsucs. Standard Oil of 111 (llnna sold nt 70i nnd 70. Inter national Petroleum sold nt 10 to 10. Omar Oil nnd Skclly were steady. Slmms Petroleum ranged from 01- to 0. INDUSTRIAT.H l.aiit OH b 06 84 MH4 23? BZ OH r.11 24 8i S0H 80 4tt 1 l'k 37H k 1V4 24 1 T Copies Free en request HE CURRENT EARNINGS OP Pennsylvania RAILROAD furnish such a decided con trast to the recent past that they arc worth the attention of all investors. Wo discuss them in our Circular PL-437. WALTER J. SCHMIDT C& CO. Mtmbers CoruolldattJ Sleek Exchange of Nta Yci!( PHILADELPHIA! 1MJ WALNUT STREET NEW YORKi 30 DROAD STREET) 311 PIFTH AVENU8 What's ComingThis Fall? Amtr Leather Car IJht Chlcauo Nipple Columbia I'mcrald Confl Mtr Com Klnanco Com Finance prcf Cudahy Packing Kmplro Kood Wen Aldfn Coal Imperial Tobacco Locomobile Mercer .Votors Nor Am Paper Nor Am ctta l'cerlons Motor I'orfcctlon Tiro l'liillp .Morris ItaUlo Com IUJlo Com prcf B, J lleynolds (new) "B", Southern Coal and Iron., Sweats Co U H DlKlrlbutlnB U S L & It I' H Hhlp Corp V B Steam Un'.tod 1'roflt Sharing United net Candy Wayno Coal Wot Knd Chem Ki-dlWJtml. Commodity Markets GRAIN MARKET ChlrnifO. Srot. .). Wheat started with DccemV.er 1'c- to T'je lownr anu M-ij -' to 'J'i' i-heaper. There was a ru-h of eomiiiii.sloii houee wllinc at the stnti. but the market recovered readily on buviiiK bv roini- strong Iiousms anl shippe'rH. Wheat receiptH im-petted vejterdn weir- 111 cars; la:"t year V.'l cars. The cash market was relatively ut..niU- Dolivi'ries on September con tracts tills morning were 110.000 1 bushels. , , The Government report issued yes-w.,.,1-.,- ir,,li,.nto,1 ''11)000.000 blinhels of spring wheat, which was more than the 1 0Jo trade e.pected. Tho timiiity of the j crain is below the usual sianciuni nun offsets the increased qunntxty. Corn opened -c to ,c lower with commission house selllns. Local pro fessionals took the offerings on the break. (Jats Marled 3ic to Bc lower with cash housis the principal sellers. Commit.-on hoiiM-" bought on the brink and forend a rail) . DIVIDENDS DECLARED I.oft Inoorpotuted, quarter. -o cents, pay able f eptcnii"r 3U lu modi of recuid Mvptcni ber It). HomostaK Mlnlnv Company, monthly of tiuy-!lvi' renin, r.ijabli- September 2U to ftock of r.-cord September 0. Manhati.Mi Elertri" fupply Company, quarterly i.f 11 uri tonunon. payablo October 1 t' atoi K of rrrord Sepicmbor -0. ' Twin i"li It ipld TranMt Company, qu.ir taf uf 11 " on iirefrrrnl. pajablo Uctnu. r 1 1 to me k of rwonl Sptembtr 17. I'.inhati ll Pruducln and Hrnn.n- I'um potiy. (iuail-rly 3'.' on preferred, pioahlc 1 October 1 t Hock 'jf reconl Soptenibcr 'JH. i Kentucliy s.nuritle Corporation, nurlnr. It p.. pii cent mi nrefctreil. payable Oo tub r l." i.a riKletiied Weiitemuer au. Lehigh alley Coal .Sales Company, quar terly of J-. payalno October 1 to etock of record September 15. United l)ewood Corporation. quartcrl Jlntl on common, imy.iuio ucioucr iu lock of record beptembor ! Manhattan Khlrt Company, quarterly of 1 per cent on preferred, paynoio uciouit 1 to atock of record beptembflr iu. Chandler ilotor. quarterly ll.rto. pa.ill. Cc'.olwr 1 to fti.k ul record Mopteinbor .'U. Financial Briefs Th nverace price of the twenty active In' 'ii-sinnin uecnneci o.ai ntr cent vesierdav in ill 1.1 while the twenty railroad declined n.Si nr cmt to 72.82 Muicoiil Wlridehs Company. lid HlBll Low l 0 1 1 . a"4 aii & k 08(i C04 soli nnjt asV, V2. 8a . ssh p( an so so 2H SH 3H 3U I 1 8HV4 30H 80 b() 4Vi- 44 1H tji 37H S7H 22 22H" 21 24 34 34 1H Hi RS BV. IVi Hi 1 1 hTANDAttl) Atlantic t,obos S Oil of Ind OILS 10 i 70H , INDKPKNDBNT OILS Arkansas Natural Oas . . . 9 , Hooni Oil 2(1 llomon Wyomlnir 70 Carlli Ryn -P, uillea Horvice told) 120 101i 70W Cities Service Cu.ihlnB I'cto . , i:ik llaaln rot I'mplro Key . , Federal Oil .., allllland Oil . Hudson Oil .. Int I'atrol Livingston . . . Mararalbo Oil . Mex I'un Mexico Oil Mountain Oult National Oil . . Noble Omar Oil Slmma I'et . . . Skelly Oil Tenon If ctfa... 13i 1.1 r.li 20 1 15 10i 80 17i 2S 14 00 o 18 00 14 4, no SnNINO Alaska Dr Columbia. 60 lloston & Montana 71 Candelarla M 30 I'Hrson Itlver 1 Cresson Gold 14 Crchcent McNamara 7 Divide Kxt 3,1 liuri kn Croesus 30 llold Cons 7 (ioldfleld Klorenco 47 McNamara Id Mclntyre l'i Mother I)rt clt l'i National Tin 67 Nevada Ophlr 40 Nlplsslng 44 Tonopah Cash Hoy 3 Tonopah Divide 72 Unltcd Ilnsturn 2Vi West Utah 21 West Knd Con C2 BONDS Arner Tel fla 1022 Ont-lo-Amer Oil 7H.. . . Armour 7 Haver Hoard ha nfler ,.l I .'"Vi' .?.'".' .'-''. .'..'Ji'" - - ' ' .. ,. ........ T........A ttoin niffi .n iv.d .... lid, compared with 1102.1.11 for lain, frnti. ovl S;H?J S" i r.J- .lllil (11H nunilun .t rn,l of in-'n o',;, . ' l!."". " MI0 37.V Current assets 1723.027. compimd with f102,P23. and current llabllllen. Hsu.. .!!-'. c.mpard with thf.1.703 In lulu. Ini. d lapltni. jr,. I MI0.000 aliift J2..100.000 In 10111 ' , Mortgages payable $41). nog aKalnot 35,tioo. RAILROAD EARNINGS PENNSYLVANIA SYSTEM 1021 comnavlHon w'lh Ust Exchange. III). Ill no.ai 0:11 , 10 pj ;i.i 07 ' ,'n sot;. VO'I COTTON MARKET Nrw York. Sent. !. The cop. ,11 market had a firm openln; today at un ndvan-e of ."! to 73 points, influenced by tho strong Liverpool cnldes. report. that a tropteal storm of considerable intcn'itv v as ti.-escnt in the ('nfibbian Sen. moving northwestward, and on l.enw rebuvuiii Ly recnt bulls, as well In- lunand from the trade nnd trom I Liverpool. Iti'd;i' sllins was ueuvn-r iuum mi number of dnv. however, and this, coup'ed with selllns bv some of the pec lie who had b'-uzht at yesterday u low lrvi'l oromoted a moderate runetu.ti aftr the opi'iiimj. On tho whole, the market displnvcd a more utablo tone than rccoutlv, and it was the feelim; thnt it was beginnins to "!lnd" Itself, not onlv here, but in Liverpool as well. The 'receipts, at the portffor the nay t inntf( !lt !.( im nn'cu. ii,iiuisi go. HiUj uaies a lire eslimnieu ni n." 1"),3S.S bales a week in vear nco and 10,1. 'IN bal October . Doreniber Jhimury March . May . . . Yi'st .ion IS SO 1 u.n.. IS f.H 1R.SO . 1S.S4 eb two years ago. l V M 10 10 IP 20 111 311 IV. 10 19 4f 10.45 Todnv'H IIIMMI IS (ill JuU opt reenu $6,1,011,723 Net opir revenue 10,.S73,b7fl Ni t aftoi txea &. . qulpm I rta C. 301. 201 7 months' cp. rev. 3S2.3O1.058 Net OP"" r revenue 30,742.342 Net aftfir taxes & iqulpm 1 ris 10,102.63" WESTKRN MAIIYLAND J600.M1 liT:reH&e ll.6S6.7ll 5,01.1 737 Tli American Sumatra Tobacco Company reports for twelv niontlm ended July 31. iiei income alter (inuciinir intereat rcserv t-'-.":x "lJ oupreciaiion ot lopacco total iiiiiu i,:it. Afli deducting preferred dlvl- "iiQi tor tn ytar It leaves a balance cqu .u c.i.i, iu me cunimon biock. Kink Rubber Ualena 7s Oult Oil- 7 Humble Oil 7a Interboro 7n Kennecott 7s Libbi-McNolll 7 . Mom In Co 7HM . . N Y N H A: H 4s.. Sears-Roebuck 7s 1022 . . n . .lo(ii . . OS't . . 76 . . 05 . . 0Sli ..101 . .lOIVj . . 00 . . 05 . HON . . H7. . . 75 . . 03 . . 0.V4 . . flll' . . 64 Vi llfS 8 20 70 4Vi 120 13 13 3i 2d 'A 14 13 10i 3n 17i 21i (10 00 2 IS 00 4, 50 r.o 70 30 1i 14 7 3.1 30 7 30 Id l'i 14 57 30 4H 3 711 2 A 21 02 OftU 100 ORTi 75 II Pi IIH.1, 101 101V 00 04 VVH T 751 03 tl.1' 50 64 Vi PS.H 10 70S S 20 70. 4Vi 120 13i 13 3i 20 1A 13 Ill's 30 nt "." is no OS 4H 00 62 71 30 li 14 7 33 30 45 in '! 4U 67 40 4 '-4 3 70 2 A 21 02 OD'i 1001 nst 76 03 flsv. 101 10P, 00 05 09 S 07 H 76. 08 O.V.i Itll'i 64S 08 H lmfrMm Will sales pick up? How about prices, up or down? Will we see a boom in business? Babsori'a special letter on the Fall outlook riva you the plain, unbiased facts on the preieS situation, and forecasts coming coudltlonaiHtS remarkable accuracy. It contains Inforraaboa of vital importance to every executive. REPORT ON REQUEST To inure! ! This Barometer Letter arid booklet "U troia ii avauaDie lor amriDUtion ecutlre. rratls. Tear out the Memo now and hand It to rocrim. tary when you dictate the momlntra mail. Mnttu Ai for Bullstfn 31WO BABSON'S csaa If you icanl to ui juit how Babson'$ Strvie uill make and tavt dollars in thi various dtpartmints of your own businfts. tear out the MEMO neur and hand it to your lecrttary when you dictate the morning's mail. Roger W. Wellesley Hills, 82, Boston, Mist. oairarn or notion) ! LnriiMt OnanUitltm (Bu(wh Airinrtin VUWhU CLIP OFF HERE- i-. MEMO for Your Secretary Write Roirer W. Beison, founder of The Babson StitiatU S I Organization, Wellesley Hills. SMata., aa followt: puuZ I Iifnd me a copy of DuUetlosiTVO booklet, Immtm I AW Profit" irratW " a HiiiiiiiiiiiiiiiiMiiiiMiiiiiiiiiiiiiiiiiiiiiiiiiiiiJiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiimiiiiie WEST ft CO. 5 1311 Walnut Street . 62 nroadwar l'lillmlelphla Mrmrm ye york S New York Stock Kmclmnur S rhllnilelphla Stork Kxchntiffo Announce the opening 5 of a NORTH PHILADELPHIA OFFICE 859 EAST ALLEGHENY AVENUE j (AlleEheny and Kensington Avenue) (Bell Phone: Garfield 0628) for the transaction of a general slockbrokerage and bond business. iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiifJ NEWBilRGER, HENDERSON & LOEB Members New York and Philadelphia Stock Exchanges 1410 Chestnut St. lejl. southern Itwy lis HHV IISV, UtiH vl- Southwest Hell 7s 07S H7V, 07. jal S"tni Oil N V 7h 1WJ0 103. 1().1 lo.1J Stnml nil N V 7s 1031. ...104', lmU lH4 Stnn.l Oil N Y 0'.4 10. lOlti, lily Tho Producers nna Itefiners' Corporation v. Ill chnnco tho par valuo of Its rommon anl profirrrd shares from $1(1 to 30 nnd Xflianva that now stock on tho basla of uno h.no for five chares of the old Issue, ncconl n to on nnnouncemont to Its stocklmldnrs. lh exch.inire will bo permitted up to Oct.i 1'ir 1. ufter which no trnnifers nf tho 510 'hari's will b made. No fractlotml shares lll bo Issued. Tho Minneapolis. . Taul nnd Snult Pte. i.iirli- ItHllroad tins nppiled to th. tnterstnio -' mmeri'e ("oinnilsslon for niithnrllv to Ihsuh HO.Ojii.iioO ton-ymr 0V per cent collateral irut gold bonds and ItA.onn.OOO first re- fuMlnv 11 per coin bonds. The curler nro- n. 207. 304 3.7MI.III1.1 ui.ouu.ui.ii D, t0 pidao I12.ri0ii.onn tf th.. luiiHr .. .......' "" "''urllleg for tho tlU.OOO.iliii) Issue of ,iB.ooo..MJ bonds Sunn 7s lnm Hi Texns Co 7u lOim Viicuum 7s 102 Western Electric 7 lOuJi Uerlln 4s 0j llretnen 4s 11 Fiencli Victory fit 01 IlutnburHr 4n 11 V s Jlritr.lt 8b IIOS ns. HiiiH 102V 1004 I?1 II II OU'-j ns ion 102VJ ,? 01 11 UU i LIVESTOCK QUOTATIONS l'ourth week August Jun 1- A'i PiHren.. 31 11. S1H1.120 MONEY-LENDING RATES MVW YOnU Mon.-y on call, both class's of collateral, opened today at R per cent for Itiidm and renewltiif. tl0d 30n f'twUholdera of the Unlleil Rmnii Candy S17.S13 ."tore.", Ini' . nulhorlued the directors to pur- tii-f at lr. a shnio lOn.oOi) (.hares nf the imipiim's stock In the open market Tnd r- iii. in inn amount. .nocKno'(iers also ap proved nunc minor rhiimfs In by-laws. I rilIlwIlKI.I'IIIA"all. 0 rcr cent R ner r-M, commercial paper, tnreo ironth, 'I pr cent. , , Note These urn niorn'.y nominal quota tloni. th', leiral rate of Inter. t Iri the Htnio of 1'tnnsylvanla belnr flxd at 0 pr cent, rius premium and cnmmUslon. time money for thirty to ninety divyn la loaned at " to per cent whllo ! thirty to ninety duys, per cirjt. commercial PPr. from Is loanea ui u m u-i FOREIGN EXCHANGE Nrw Ynili. Soil. !).-An irregular Umt. I loim fi'fltiiriMl tho npoiiiiiR foroiun ex to six i rlinriRt' today, with a nominal ilciunml lor miih. ' Thr quotntlons wore I3.iJ'1j, (loiiuinil .'.721! : friini . 7. "',:. fhockH 7.. 11V.: llelciuii t'lilrueii, Sept. U. CATTLK Itecelpts. SSiiii he id Ikavy beef sieers dull. Hoady; others jtronu to hluher. Top yearlings. Jin ill); bulk. t70l she stock steady to MrnnB. bulk fat cows and heifers .' ." TJ li. '.'.'.. cann.rs and cutters, t:..106 .1.,'.il: built strum; tn hlKher. bulk bolOKiias, t3.HSti 4 2.1: Ixi-f L-rades. t4.30WS.30 miistly; veal calve klendy. heavies dull; bulk vealciH around ll'.'.'.o to packers', stockern and feeders stendy MIHl.-f Uecelnts. 111.000 head Mark't alow, mostlv 1062,"c hUher. bulk of sales !"''n.2.-i. Top, tfl. 23: heavye!nlit MI li. .ni-diiim welkht. M.7DfU.aA-. Ilalitwclcht. I Jk i.-iVi),23: lleht llahts. JH.2.MSO1 heavy 1 park I ni; anss, smooth, $t.fiO ( 7.7 . packing Urns kiukIi tO.IO07i plBS J.S1JS.73. SlIKKI' Itecelpts. 10,000 hiad. Tat It. inhti steady to 23c hldher: bulk fat natives. cany tS.5o ji K.7.1: two decks come back I Westerns to city butohcrs, tli.nO; Western Inmbr. too. itl.r.0: bulk. Snirti.riO: kin.ra I Hiking Kf-cnnil cuts, t7.RI) dun, fat sheep Sterling rahlea'"-'"'0"- "tron"- BrsetBros. &. Co I nve itment Securities 1421 Cheitnut St. Philadelphia Vs Island OU Sinclair Cons. Middle States OU Transcontinental Oil Analytical reports on above furnished free on request Ask for M. lit Kardos & Burke 1424Walnut St.,PhiladelphU Phontt Spruce 6jo NewYotk Broollrn PimburiS. Chlciio Doiton Dittlmon Direct PriiueT'irei Concfinr All Ofictl k! - I J'cnnn. Gcnornl I'j, 1965 Richmond & Wash. 4s, 1943 West Penn. Power 5s, 1946 Chic, I'nion Station i'jfi, 1963 SCHIBENER.B0ENNING&C0. 512-514 Walnut Street .Members I'lill.i Stock ICxrliiuiKe OHIO POWER CO. 7s 1951 HARVEY FISK & SONS, Inc. Land Title Bldg., Phila. New York Chlcnxo lliiffalo noton Wc OITer & liecommenil for lineHtiiient Penna. Water & Power Co. Stock YieldinR 8.207i Josq)KW.Gross a,Co. 1421 Chestnut Street Corrrsiiotiirnfs Aldred 6 Co. in or. 10.08 AUTOMOBILE INSURANCE MUTUAL INMIKANC1! CO. zura eta. join si. i I. ITRMttTY Cities Cervlce Stockholders in Avium 15 ihri- . re rn t'.'il sio.-khi.ld-r. on ttt b-iokn nt thi. I'll1.. S.-rvre Tom. nnny to .vhoin -r-' n'Hi.'! .11 . i-.r.i f.Vi,.v f..r the Feotemhr 1 pa mint On May 15 i',.. I'tie of ieord 1 lb" 'oin'"in'M Jun 1 '. wnd there we-. 117 III! Til j numb r of 'oder, of pi niino n Moi It on icim 1.1 .n S'J3" aaslnsi "9V thr"" monrhs brfni JJ SM.l holders uf huiikeru' shares ..rainat ,'ci 5!ill llll'.o.i h ddor. nf prefiri,.,! share, TBalist -4 ..r7 Hiid t14 Un ilers ..f pr. f.'r ..;, 11 slfKjk naalnst 4753 The- Mtrutes r, rnl inr ud' fl' d- rs i.f lollies llei ,. df .'nil- i i.t ut ;. i''' . ir ii su'iililirl . Raw Sugar Market Quiet Nci York, Hi'Pi. ti Thi r.in sintar mar. 1 lonilnu'd n'ilai at rttaiui 14". r. I. f 1 rrt . ..r- p.. s-'.- "ihfr thsn Il-.i ... r .ne I ThurdH. Imri"rtatlns Irc'inli : nun bifs Cutis torn lined la uu m. 1 ri-r. Tli' In al reniiiul mai Uut Is un I. 1 Bed. wllh u'l r flni'ri 'uuilns mi iho u-.s ! ' T lesi ' Pi r ci.ni for hsi fui mi urunuluted. NEW YORK COFFEE MARKET Now York. Sept. . Thf lornl roffcri future marktt nponcil thin mnrnini' with trnillriK niiot ami fcaturclosi, nnd 11.1 ritlii-lul nrlvifi'K frnm Irrt.ll, nwins t tho liollilay there. Herein trnrllng hnH hml the ni'.nariiiin nf rlennini; ui of r,l I cnntriirtf. ver.v little new Imsl-lie-.s lilliB in eviiletiep. 'I'he nnlv t'ontiiri' ilmiilB the innrnliiK pisnion was the nil vii nop nf L'.'i ii'Im :it Hi" tiH re-.iiirti'il in u m.h hie re.'eiveii hv llie erhi'iigi IikI little elfeot rui Jirioes Let inhliliilns "'HV " I1""" liiitinl ligure to r.'.i III! en- ThiH nev the ninr nr hn from Worthlngton Pump Cuts Dividend Nfiv ork. Hunt. I). ll ."uriiui Hion , - Puini. and Machinery Company has aeciarid j -'" ' a full vwr dividend on the common M ck 13.0(1 at tho rate nf 1 u share, as compjreu vviin 1 1 .. ... ... - 1.. ..., Oilirlnr l' lllvl. I dends of $1 a sham on common stock ate payable as follows. $1 pa.vablo October 13 to stoik of rcord October Oi II l'aablo January Ui to Mock of record January u. JI pal able Aorll 15. to Mock of rtronl April , and II ravable .Inly 15 to stock of reoord July r The reaular quarteriv dlvldonda or 1 not un (JIrss "A" oreferred stock and pur rert on the Class "B ' preferred worn dec!ard. both payabla October 1 to stork of iei.ord September V0. fables on hies 17.1.1. checks checks cheek') t'lli'ckh oheoks checkH W 7.42, chock 7.41 ; SwIrx cables iheokK 17.12; lire cnhlcH 4.34, 4.33a; preota onblcK 13.(l.ri, 13.03; rjniUior .nblPH 31.70, 31. i(); Sloikhnlm rnhlei 21.(111. Dirihtlaiiln cables 13.0,", t'oponlinBoii cnhlcN 17.(10, ..; mnrks 1.01. YKHTEItDAY'H FINAL QUOTATIONS fterlln Krancs I.lro (lulldirs demand . 3 7."l 7.H2 4.S7 HI. 114 Cables . . . 3.72 7.0JV 4.37VJ 31.70 TODAY'S OrENINO QUOTATIONS Stcrllnir Prnc l.tr Dull'lera Demand 3.72'i 7,,-iltj 4,.13Vi 31.70 Cableo . 3.7:1'. 7.R.m 4.34 "31 7.. Sent. . H008 n Hlaher. Heavies, lln'f and lleht yorkern, 111.7,1 Reserve Banks Discount Rates official rwllscount rates ut the telv Ked tral Ites-rso Hanks are a follow?- Troas, I'll'. Corn I llkru. Otis, nonos. iittirr. rttrtii. llnr ; wa day at Uv,. DAR SILVER unchanged In London to. 1 1 , ! ihMr Man-h .. July BANK nlnas Trtirtlns nh VfSt. rlu-i( 7..M 7 3 7 'i . fi IS CLEARINGS tO'lu Pllel. Open T.ASIU.'.II 7 hi '((III! 7 nslif l 11.1 t! llffli IlOHton New York ... . l'hlladslphla . . Cleveland . . . ltlchmond . . . . AUjnt.i ChlcaKo St. l.oul MlnneipollH Kans-'s I'l'y Dallai . Hiin I'ranriBi-o Nickel Plate 0 KLL 11 11 11 II II 5Mi Pays fpt r.' ni, D', 11 11 11 0 (i 0 11 5 V. fiti 5 V, I 11 II II r.'.i 0 a i-i 51? ilv, n I'ltlsliiircli, I'o. celnta lnn head, ii. iB- hcivy iorkor (iiirta plus, uni u.i'.i. HUKKI AND t.AMHS Itecelpts. 173 head. Steady. Top sheep, $3; lop lambs, JI" '. I'AI.VHS Itecelpts. 50 head. Steady. Top Sll.W. I'.aM nuffulo, N, Y Sept. 0. CATTLE -llcelpts. Mil head. Btetvdy, C'alrs re inpis. 750 he-id. Active. $1 higher; J501B ItfKIK ltecolpts, 0400 head. 1'lns steady: other:. 15:','.-3 hluher. Heavv. tn.U.IVIi.ilO; mlxml and yorkrrs, in.UOfiU.TAi llaht york. ers, fU'llli 50; Plk-9. .Ill rouuhs, to 5U30.75, staKH. Il!r.-i. 8IU-:i:i AND IM.W1S Itecelpts. 3-J00 head Steady, unrhunnod. If There Is a Market We Can Find It We hold sales of stocki and bonds every Wedne day, charging $1.50 en trance fee for each Item, (ha weekly catalogues and poiUl card service reach every nn kct. Wo take pleasuw ll furnishing quotations. Barnes & Lofland Hlock Ilrokers nnd AocUonitc 147 S. 4th St. Foreign Exchange Explained Atk for Free Boohlct F.2 Wi". H. McKenna & Co. 221 South 15th St., Phila., Pa. Hell I'lioiioi Locust 177H New York Pateraon PRATT, BREHM & CO. Government, Railroad and Corporation Hands Bourse BIdg., Phila. Wanted a1 GOOD Bond Man An Investment hnure with u utato-wlda n-ru- tatlon for fair doallnca wllh lis msiuiners wishes lo enlarge Its scope. It ran use one or two experienced bond men hsmbllshed cllenlo.-, while desirable, lu not esi.eiitUI. The ability end the will o work hard and lntolKently la paramount Kor such men this houso offors somethlnc inorr irmn u permaneni Iraiellmr Inl. ArinrA.a lnn..ll . f. . n .. . "''- i'1'iuinr. iu i. i,j,i l.eiiffer wlt'i the assurante that you will nr tln vour pre-ient emplover. Ofllce nut be Liverpool Cotton Liverpool, Sept. ll .Spot cotton was not ro active today and prices were easier on the basis of i- docl'nc of w points for mid. dllnii ut r.-.BOd. Salei were 12,000 bales. ItecelptH wero illlui tmlic, Including- ion bales American. Futures wc.-e quiet In th-i early deallnKS. Hp-jt prices wore: Aiueilcan. middling lair. IB.3M, aood mlddllnir, 13.7i)d. fulls mlddllnir. 13 Old, mlddl im, IL-.r.Qd. low mmdllnr. Il.iild; wood nrdlnir. 10 7ld and ordinary, n lifld. New Issue of Treaury Notes VVmlilmcton. Sept. 0. Secretary Mellon Is maklnir a combined olterlna of $000 000 000 or therejbouts. of thre-yeir BW pr inet Treasury notes, datsd Hoplomter IB. 10 JI. due September IB. 1024; six months 5 per com Tn-aiuiy certificates dated September 15 l!:i. dun March IB. 102; and onc,year BU Per ci-nt Treasun certificates, dated rii-ptem-ir 15 lB'Jl. due H.'Ptembcr 13. luaj. pur. suant to the prom am outlined In his letter of Apnl 30 lOSl to tho chairman of tin 1 i oinmliteo nn Ways and Mi-iuni N'olcn win I he slraluht three. year iintoi, will not be mli- iw o.k. bept. P. The I nntlnentnl Can J'ci in cill for redumption before maturity. I I'l-inpiin . Inc. todas psseed the nu.irtrrlv aid will b n ci-ptshln In pavini-iu or In-nine d.vldi-nd "f II 7B on common stock iln, ai I and prudi taxes, pavsble at or wirh'n six I ihli t me The regular quarterly dlvld ml m. mills before mutuiliy. IJi-lalls In connee- I nf f.5 vai declared on the preferred -ii'ii ulth thi offerlmr are outlined h, n ii-it.r nf llii Hirretary not to the tuinkim.- 'nsiiiu Continental Can Sim York. Wept. H. Passes Dividend GE0.A.HUHN & SONS KTnri.ll AVIl nnv-na Members of the riillnilelphln. New lork nml Clilcnirr. (,.!, 'F.,f mnie . New York fvttnri .(.llA,;,te, Commission Orders Fxecuted ii. 2. 'v'-icipai Markets ,...'' uonu uouont nd iMIivur i iiliri llr-e,, .-. l., in nroniii- In RnlH H18 Wnlniit -.1 fiv A.tl.. tf.i. ' Amhi.ssnilor linlej BOND MEN . An unusual opportunity is olTerM by a Now York unci PhiladelpW Bond House to men capable of p inpr municipal nnd other high-grw bond issues in Philadelphia m vicinity. Interview by appolntmen' only. Leonard, Stetson & Co., Inc. Land Titlfi Building Lornst 01 , Stockwell, Wilson & LimilF Certified Public Accountants Unci Tide BIdg., Philadelphia Wo Specialize in Pennsylvania Municipal Issues Biddle & Henry 104 SOUTH FIFTH ST. Cash Dividend Directors of t-i'up r d with cor ...nnmllnn (ll.V I H 1 1 tWtl VClTS ' nil Ittsii mio I-hlla . 1113.000. 000 S77.S10.lrtl S78.10!i,OOJ N tork ill PiMt.OOO HUl.7Ul.OR3 rll7.S01,'IO Itoalon M.SSiJM 0,B3a.7 BS.8-.'i,5 ions of tho ruiinlr. Noli- l"in t twin.. nun ruin is llie larut nnnie onrirm i.y t ).. fiosernmrnt since the ffur It b IN- i. nm; ut sue. I not" Issues, nrevloua -mi- b'-lrig fn 1311. 1100. OOn 'on June 15 lust. Tin- n. lnm all boar Interest V, of 1 per cm . ul., prevlouji Issues of similar terms. F 1 1 1.....1 Nl. k.. flat Ilallroad , eiderday oeciare.i cas , i dlvid.nds of (1, 774 31)0 from IS.OilO.lloii r i.u. finin the tluvt-rnrnent In adjustment ..f a I i-lalins and iiccounia durlliK ' i-eocnil cniitrnl, tt was announced tslay. l.vynionts v.lli hi. nuili Heptemlur HO to stockhodir. of record Mrptember IU. Tho back dividends ; j. ...ir. mi. n.. H& .pnfrreil In HUM HICIU'lH Jt.1ll.owif I'll .,,.. ....... ......... ., .-..., -.,.., I" .I ...i fn.. i.. loin injo nun nn second ore. lhn Currency torlav 1. miiu a..v.r. ... .v.v .. ..-.. . - r.... i.i ------.. .. .. .. ... v. ...a luii. '.-. ".n.A .. .n .on mtnn. ..r r. w ... .. nn nw . n.innK. ...... . a. . fed in'll . " " VU.rn.VTuaduy;v8cptKr "" "" ' National Bank Call-as of Sept, S Wiishllitlon. Be pt, .. Ths Comptroller i f tonay irsued a call for the con. red In WANTED l.rni.r in ee'l rt-tnalnliiK slpck In n dhldend pnlni; I'lnance c'u, of Hal iinore I'nr piirtlrulars wrlto W. EDWIN CROUCH HU Mimscjr Illilt., It.tlt.. Jld. T Lee, ttmmu & Go. KstulilliilHril IHI3 IlKKTON Nl., IUUK l-IMl AIM) 1H00 Finance HIilj?., Philadi'lpliia C. S. PATTON & CO. 31) (IH-XTNI'T ST.S. BANKERS Nliri-ca.tiArs. In llonils nml htorks bouclit nnil I as . a is Itl.tl. an i . h I " ."nmirii nim niom r.xt Mild BROOKE, STOKES & CO. 1-10 S. Fifteenth St. Philadelphia WashiiiKton naltlmorc lost U'IV lias no luicstor ner I" or princlpui ur iiiit -v, -4 rnj lllllllflll OF n, 11. riri...- ". ,, for our booklet 2- and lenrn !" hr. .Ill" ,.r ou sP'.:',. ii "S ran .... - n -f. STUAUa i 8(otk Kacuanra Bid.. pM!"'" S. If V ; m'i I- v -. a k.'i'VhW,t'Vw
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