. i-t iw; mum : ".HsJ I :WB4 !t1 M IfWL !!J I hi lis I 3L, .TmPT -ftrril-r .'I-''" " " ' " ' ' ' ' '...! i , ' ' ' ' ' : v ' i ' ' ' " v . ' ' ." ? ij11 .,', . '"'. r Pfflf 1nWMFNT I NEW YORK STOCK EXCHANGE TRANSACTIONS I R RR NR NFm h jniji III U I 1 I II I n MmJ B I Ull-I eg,ge - W "lFRY IWIKINK S -,:::" Ss a. f ?'l 3 sai a. If ? Tf) IRRFRIII ARITY of Loast Resistance for the nt Distinctly c Upward Tack -,. KSrta K,',! 7u, KJ.m.am nl.tL.dn u Kjs i:V "u',0"- wiauiiuuj uii I.IIU New i'ork, Sept. 17. The week (Jed with an extremely Irregular and UsWtratIc' movement In the Industrial 11 pwlaltlcs In today's stock market. Tie railroads received only scant at tention. A number of selected shares, embracing largely those commanding foremost attention In tho recent for ward movement, made substantial ad vances In the Initial dealings. Ilefore the end of the first half hour the gen eral lint ran Into strong reactionary currents and prices broke sharply In all directions. The setback was espe cially violent among the opening leaders. These breaks, however, were Mot followed up by fresh selling, but the market became dull nnd. extremely reflecting the ultra-profcsslonalUm of tne dealings As a matter ot tact tne optrations were made up for the most .part of the familiar week-end evening ap of the trading element. The week's development, demonstrated beyond dispute for the time being, the line of least resistance in market move ment is distinctly upward. The Teal motive for the upturn in security values has not been disclosed. Thus far It is jenerally admitted the propelling force emanated largely from the routing of an over-extended short Interest nnd a renewal of pool activities. There are, of course, man) who are still uncon vinced the market upturn Is justified by fundamental and economic factors. Yet It is recognized by all fair-minded observers there must be some appreci able change for the better in the general Situation to warrant resumption of clique operations. The unwieldy short Interest created by the disheartening trail of the prolonged bear market sup plied a powerful fulcrum for the mar ket lever on the part of those pledged to constructive side, but other contribut ing;, sustaining and stimulating in fluences were supplied in the acknowl edged satisfactory progress of the com mercial convalescence. To which could be added the undeniable growing case ment of the money market. Proof of the latter was readily supplied In the complete absence of the first sign of disturbance attending the large income tax payments this week. while no rampant wild bull specula tion could be maintained or even coun tenanced, yet the character of the mar ket In the last two weeks, to all ap pearances, warrants the bollef of the real corner having been turned, with little possibility of a recurrence of the bear market. There are still many ad justments to be accomplished, which may produce further omissions or re duction of dividends. These, however, will prove reflections of the past, and, unless usually well-defined signals are false and misleading, Wall street has started to do what it ever has done ince its beginning that is discounting the other side of the picture of the business, commercial and financial situation. Largely because of the prolonged domination of the bearish interests, quite a few fail to find any association between the current market movement and that of business possibilities. They are of the opinion technical rather than outside condition are solely re sponsible for the reversal. They point out that the shifting of position on the fart ot any individual trader is a flimsy oundatlon upon which to build exten sive bullish operations. In both con tentions they are partly right. Off setting such a theory, however, is the direct and circumstantial evidence of the more favorable general business conditions. It is true the improvement Is decidedly spotty and of a spasmodic nature, but there is clearly a clean-cut change in the general order of things, which applies to the market as well, the paramount feature of which is the gradual ascension of the demand over the supply, whereas heretofore the rule was reversed. LOCAL DEALINGS ON SMALL SCALE Sales 100 lajo 1(00 700 0O 100 200 100 aoo 100 200 100 100 300 100 100 1400 100 700 200 1100 300 30J 1901 10) 103 700 2000 200 '2100 330J 800 100 2200 18000 SOO 200 300 2100 son 400 900 300 8.0 100 SOO 600 100 300 100 loo 100 1800 400 100 300 100 100 400 100 200 C00 100 500 300 300 1000 7400 400 100 400 2100 2 3900 100 400 100 700 1000 800 200 200 1400 200 200 200 100 3500 600 900 ' 100 700 100 100 100 700 100 200 200 ICO 1100 100 400 100 100 Total Dlv. in I High .. .Advance TUimely .... WJ4 AJax Rubber MMi Alaska Juneau G M.. 154 4 Allied Chem A Dye... "W 4 Allla-Chaimom 3K .. Am Agrlo Chem pf. .. 4 Am Bank Note H .. Am Beet Sugar 37ft . . Am Bosch Magneto.. 'W .. Am Can "W 12 Am Car & Fdy ' ..AmDrutrSyn S 5 Am Express .. Am Hide & Leather.. 11 .. Am Hide & Leather pf U4 8 Am Ice .. Am Internat Corp.... 82 1 Am-La Franco Ens;. . . . . Am Linseed '7 7 Am Llneeed pf "K Am Locomotive "5 .. Am Safety Razor. ... 414 ..'Am Ship A Com H . . Am Smelt See '7 Am Steel Foundries.. 28 .. Am Sugar Rcf 08 H 7 Am Sumatra 444 0 Am Tel & Tel 108ft 12 Am Tobacco 13BVi 7 Am Woolen 7ft .. Anaconda Copper .... 38Ji 0 Atch Top A Santa Fe. 85 S Atch Top A S F pf... 80& .. Atl Gulf A W I S 8.. 38 7 Baldwin Locomotive . 90 .. Baltimore A Ohio 38,4 4 Baltimore & Ohio pf.. 81 K .. Bamsdalo Class B... 10 Bethlehem Steel B... SK . . Booth Fisheries 3H .. Brklyn Rapid Transit 9 10 Bnrns Bros 97 .. Butto Copper A Zinc . K . . Butte A Superior Cop. 115 .. Caddo Central OAR. 10 . . California Petroleum . 37 V 10 Canadian Pacific . ...112JJ Case J I 4J Central Leather 38 J4 ., Central Leather pf... OS 5 Central of N J 199 .. Cerro-de-Pasco 20 J4 6 Chandler Motors 47 .. Chi & E T 1st as pd.. 6 .. Chi A Ot West pf 16 JS .. Chi Mil A St P 28ft .. Chi Mil A St P pf 39ft 8 Chi A Northwestern. . 67 .. Chi R I A Pac 33M 6 Chi R I A Pao 6 pf. 00 7 Chi R I A Pac 7 pf. 77J4 .. Chile Copper lift . . Clilno Copper 23 .. Coca-Cola 35ft .. Colorado Fuel A Iron. 35 A Colum Oaa A Eleo. ... 57 54 .. Colum Qraphophone . 4ft .. Consolidated Dts Ins.. 1 .. Consolidated Textiles. 1834 . . Continental Candy ... H 8 Corn Products Ref... 74ft 80 Cosden A Co 36U 4 Crucible Steel 3ft .. Cuban Am Sugar 13ft . . Cuban Cane Sugar pf . 20 0 Delawa.ro A Hudson.. 101 10 Del Lack A Western. . 107ft 1 Dome Mines 17 ft 8 Enillcott-Johnson .... 68 H .. Erlo 13 H .. Erie 1st pr 19ft 8 Famous Players L.... 56(4 10 Fisher Body 85ft .. Fislc Rubber 10 . . Froeport Texas 13 Y .. Gaston Wms A Wig.. ft . . General Asphalt 52 8 General Electrlo 136M 1 General Motors 10 6 Gen Motors deb 7.. 73ft 7 Great Northern pf. ... 70(4 4 Great North Ore ctfs. 28M .. Gulf .State Steel 39X 4 Haakell A Barker Car 5Sft .. Houston Oil 81 7 Illinois Central 95ft 60 Indlahoma Ref 2K .. Inspiration Con Cop.. 84 .. Interb Con Corp IV .. Interbcrro Cons pf.... 7ft .. Int Agrlcul Corp pf... 39ft 7 Int Harvester new.... 81 6 Int Mer Marine pf.... 46ft . . Internat Motortruck . 31 Low 13 21 ft t 41ft 34 63 50 ft 39ft 34 ft 37 ft 126H 4H lie it 81ft 56 31ft 24 52 89 M 4ft ew 30 ft 35 62 43 108 125 ft 74K 38 85 ft 80ft 27 ft 8H 3SH 61ft 10 54 X 3K Oft 95 X 4ft 13H joh 36ft 112 ft 4?4 28 H 65 199 26ft 46 ft 6 16ft am 39ft 67 33 ft 60 76ft 10ft 23H 35 34 H 57 ii ft 18 73 M 20 61 H 13ft 19K 101 107 "ft 04 ft 13 ft 10 ft 55 ft 85 ft 10 13 ft ft sox "Oft 10 73 ft 75 X 28X 39X 58 ft SOft 95 ft 3X 34 3ft 6ft 39 ft 8Cft 45 ft 31 ft ft ft ft X H ft ft X ft ft ft 13 - 33 -1 - 4Ift 34 ft 63 50 ft-29ft-34ft-7ft- 137 -4X 116 11 -61ft-56 31ft 9 34 -63 ft 90ft 4ft 6ft 36 X 28 63X 43 ft 108 135 ft 88X 80 ft 38 80ft -f 38ft- 51ft 10 54X - 3X- 0ft- 90 - 4ft- 14ft 1ft 10X X 30 ft- H2ft 4X 28X 65 -101 28 ft 46ft 0 10ft 25X-30ft-07 33X fed 77ft 11 -f 25 57 ft 4ft X 18X X 73 X -20 -62 ft 18ft 19X- 101 107ft ft 05 -13ft-10 ft 55 ft-85ft-10 13 ft-Ti 50X 13X 10 73ft 3X 31 3ft 7 -39ft 4 81 4 45 ft-31 ft X ft X t ft 'ft ft X ft ft ft ft 1 ft 'ft 'ift ft Sl" too 1700 1400 100 500 1000 300 100 100 2500 1300 8(0 200 1200 100 10 100 16500 Hlth Int Motortruck 1st nf. 68 . i International Nickel.. 14ft . . International Paper .. SOX . . International Cement. 34 . . Invincible OH Corp... 8ft . . Island Oil 3ft . . Jewel Tea pf 33 ft .. Kansas City Southern. 36 4 Kansas City So pt. ... 81 4 Kelly-Sprlngfleld Tire. 43ft .. Kennecott Copper ... 20ft .. Koystono T ft R. ..... 13 . . Lackawanna Steel ... 42 .. Loo wo Co lift 1 Loft Candy 10 .. Manatl Sugar 37ft .. Market St Rwy 4 12 Mexican Petroleum ..115ft 70 100 200 100 100 200 900 100 300 100 200 100 600 000 3300 3300 600 100 800 100 3200 1700 1300 100 100 1000 4800 100 300 400 300 500 300 100 100 300 100 200 100 100 1800 100 flOo 13 ft 36ft 10 3)4 3 x a&lai. 233.000 haxei. compared vrlih 518.81:5 ihares 2900 1.00 Middle Statca Corp.. . . Mldvalo Stoel . . , .. Minn ft St Louis, .. Mo Kansas A Texas.. . . Mo Kan A Tex pf . . . . . . Missouri Paclfio .. Mo Poo pf 39ft . . Montgomery Ward ... 19 7 Nat Cloak A Suit pf.. 60ft . . National Con A Cable. 1 6 Nat Enam A Stamp.. 37 7 National Lead pf . . . .'. 103 .. Nov Con Coppor lift 6 New York Central... 71 X .. New York N H ft H.. 14X 6 North American ctfs.. 40 ft .. North Amcr pf ctfs.. 34ft 7 Northern Pacific 78 . . Ohio Body A Blower. . 10 .. Okln Prod ft Ref 1ft 2 Orpheum Circuit 18X .. Pacific Oil 35ft 0 Pan-Amor Fotrol .... 82ft 0 Pan-Amer B 49 .. Panhandln Pet ft R... 7ft .. Parish ft Bingham.... 10ft 2 Pennsylvania R R. . . . 38ft .. Penn Seaboard Steol. 11X .. Peoples Gas Chicago. 83 .. Pere Marquette 19ft 3 Philadelphia Co 30 .. Plece-Arrow Motor.. 12ft .. Plcrce-Arrow Mot pf. 36ft 6 Pitts Coal 68X B0 Pond Creek Coal 14ft 7 Press Steel Car pf . . . . 85 .. Punta Alcgro Sugar.. 20 2 Pure Oil 34ft . . Ray con Copper 13 ft .. RR S of I C 3 65 2 Railway Steel Spring. 15 4 Reading 71ft .. Republic Motors 9 .. Reoubllc Iron A Ste1. 6314 1500 8.20 Royal Dutch Amor... 49ft 100 .. st Louis San Fran... 23X OOO .. StLASWRR 25 . . St Louis Southwest pf 34 '. . Seaboard Air Line pf. 10ft . . Sears-Roebuck 60 ft .. Seneca Cop Con loft 74 Shell Transport 38 .. Sinclair Oil 20X .. Sloss-Shefflold 39 6 Southern Pacific 77 ft .. Southern Rail 20 X 7 Stand Oil of N J pf . . . 107 . . Stromberg Carb 33 7 Studebaker 76 X 1 Submarine Boat Corp. 4ft .. Superior Oil Corp.... 4X 3 Superior Steel 32X 3 Texas Co 35ft .. Texas ft Pacific 22ft 1 Texas A Pao C ft O. . . 10ft . . Third Ave 16 ft 6 Tobacco Products .... 00 .. Transcon Oil 8 .. Union Oil 18ft 10 Union Pacino 120ft 0 United Fruit 109X e United Retail Stores.. 54 X ..US Food Products... I4X 4 U S Ind Alcohol 48X .. US Rubber 49X 8 U S Rubber 1st pf.... 87 BUS Steel 70ft 7 U S Steel pf 100X 2 Utah Copper 51 .. Vanadium Corp 33X .. Vlvaudou Inc 8ft .. Wabash pf A 20X '. . White Oil Corp 8 .. Willys-Overland Oft . . Willys-Overland pf . . 28ft 8 Wilson & Co 3614 ft "Jt X - ft loo 100 900 2000 100 1800 100 800 400 200 200 6800 200 200 100 2400 500 800 1500 3100 400 200 200 200 1200 21300 2100 17C0 300 7800 100 1200 2100 2100 100 100 200 300 300 yesterday. Thun far this fek, 3,803, -UD. isx 35 10ft 30 77 ft 20ft 100ft 32 X 75X 4ft 4ft 32 X 35ft 32ft 10 16ft 67X I7X 8ft 120ft 109X S3X 11 47X 48X 87 78 X 109X SO 32ft 8 20X 8 6ft 28ft 35 Commodity Markets J' Encouragement Found in tlie Progressive Easement of Money Cbnditions Dealings in the local market were on fjhe same diminutive scale usually ex perienced on the half holiday. The transactions in most cases were en tirely perfunctory, and more than half of the list was without a quotation. Tne market was extremely thin, au in dicated In the rather wide price changes registered on comparatively small turn overs. Electric Storage Battery, on a small odd lot, recovered all of yester day's decline In rallying to 1054. On the otter hand, Philadelphia Traction was depressed 2 points to 51 on the sale of a few shares. Union Traction at the same time shaded to .101. U. O. I., after reacting to 314, rallied to 82. Pennsylvania Railroad ran off i to 88, while Philadelphia Company was up at 20. No other development from a local viewpoint has been productive of greater encouragement than the evi dence of the growing easement in the money market. This is a natural se quence of the remarkable betterment of the local banking position, which pos sibly is more striking than ot nnv of the other principal Reserve centers. This does not mean the possibility of an im mediate slashing of rates, but is re flected In the more Indulgent attitude of the loaning institutions and the broader market for all classes of loans. It would not be surprising within the next sixty (lays that high-grade mllnt-. ral loans could be obtainable under fl percent, a ms compares with from 7 too ner cent a year ago. For the first Hm 'in nearly five years many of the larger institutions are taking gilt-edge short- wra paper. j.ne very same loans, six Bjontbs ago, were refused at 0 to 03i per cent, whereas this week they were grabbed up nt 0 and O'.i ner rnnt ti, more liberal uttltude on the part of mc loaning insuiuuons Mas been in fluenced to a greot extent bv mun f the rapid accumulation of loanable funds Within, the last few weeks. At the same time n more cheerful feeling has grown up Decausc ot mo more encour aging reports received from the differ ent lines of trnde. In the spring there were a lew ovjaences or betterment, notably In the textile and leather in dustries. In the lost month, hnnmvr there has been consistent picking up in both, which has been followed by , securing mmi-m irum oinrr quarters DIVIDENDS DECLARED American Tower and T,lcht f-nmnnnv ...... Urlr S per cent on prirred. payable (TlAtftTKAi 1 In mtnflt itf aamc.I 4J..,. L . ' Crucible 8ttl Company of America uiur .jerlr 1 pr cent on common, pajable Oc uwr at in aiocK oi recnm Delayer 13, itfpndtnt I'neumatlc Too) Company. Quarterly 12. payable October 1 to atock Of record Beotembfr 22 "Philadelphia Company, quarterly 73 centi on common, payable October St to mock of record October 1 and teml-annual SI .so on preferred, payable November 1 to atock of raeprd October 1. Buntlmdon Development and das Com. ,panr. quarterly 14 per cent upon preferred. MriMa October 1. to atockholderi of record wWBDer jo. GRAIN MARKET Chicago, Sept. 17. Wheat started unchanged to 94c lower for December and 4c to lc off for May. Trade was moderate, with commission houses sell ing nt the outset. The decline met with resting orders to buy and these induced some buying by pit traders. Later the latter sold. Receipts inspected yester day were C6 cars; last year 58 cars. The cash market was Inactive, due chiefly to lack of offerings of choice grains. Exporters had bids for No. 2 red after the close yesterday and could find no sellers. Export business temporarily is at a standstill. Deliveries on Sep tember contracts here this morning were 45,000 bushels. Country offerings to arrive were light. The corn market opcnel uncnangeu to aic lower, with some scattered selling encouraged by estimated receipts of 330 cars. Oats started "Ac lower for Septem ber and May and steady to c higher for December. Trade was moderate, with selling by brokers supposed to be acting for elevator interests. COTTON MARKET New 1'orlt, Sept. 17. After yester day's big liquidating movement in the last hour, cotton opencu comparatively slendv this morning. On the llrtt call July was 5 points higher nnd other months were a to - points lower, irau ing was mixed. Commission houses, Liverpool and Wall Street operated on both sides of the market, while Japan ese interests bought nnd New Orleans nnd the South bold. Aftsr the start there was increased ressuro from the South and through commission houses, which depressed the list and it was rather heavy, at about 30 points net loss. While tliero was a good class of com. mission house buying on a scale down, and further buying for foreign ac count, prices rallied only partially from the early declines, and in the second hour still showed net losses of around 35 to 40 points. Apprehension was felt that Liverpool might be benrlshly nf fected by tlie reports of an easier basis Boutli, tnis tending 10 restrict new ouy motlnir local selling A dispatch from a Texas spot firm said that a large perectange of specu latively held spot cotton probably had been liquidated on the decline. The hous placed the condition of the Teiai crop, as of September 12, at 30. with an average yield of 00 pound1 of lint cotton to the acre. prices 11 to 10 points net higher shortly after 11 o'clock, December touching 7.5b'c and July S.14c, with very little coffee for sale. Yes. Open Hlth Low Close elo Sept 7.ii 7 li! Oct '1.U 7.33 7.1tl Nov 7 4.1 7.31 Deo 7.84S55 7.00 7.0U 7.S7O50 7.47 Jan 7.no ... 7.SS 7.fl.'i Feb 7.70 ... 7.7N 7 nt March . . 7.S3SS5 7.S9 7.84 7.87388 7.73 April 7. OR 7.SU May 7.0S8 00 8.05 7 US 8.01! 7 June 8.0S 7 0S July 8.ia 8 15 8 13 S.15 x 03 August 8.2J 8.1u Philadelphia Stocks .... . - HiKh Low Cloae 11 Elec Stor.10r.ii 104 104 U Leli Xav. 03 05 05 18 1'a K H.. 38 3S 38 Net chie. 50 Phila Co 20 20U 20$ fl 10 documpf31Z 31V. tflSI 7? 225 PhilaElec 22 22 22I U 205 do nref.. 2fli, 2iZ onit ' " i ', 51 CI 2 Financial Briefs 504 noI 32 coi now.. 31'S 32 $ The averaie price of the twenty active Industrial etocke advanced 0.27 per cent yesterday to 70 05 while the twenty rail roads advanced 0.11 per cent to 78.30. For the year ended June SO thn Crei 5rf-rp, Company reported a net loss, after Justment of Inventories, of IS.M.n.ll, com pared with a net profit of H47.042 In the SJ'cedlns sear Net earning-a amounted to ij,.sa and profit and loss surplus, aa of June 30. 735,417. against Jl. 122.008 last yc&r Of thlrtr-flve electrlo light and power com panies whose earnings for the month of July have come to hand, thirty-one report increases In net earnings as compared with July. 1620. The fact that twelve of these companies improved their net aarnlnga In aplte of a falling; off tn gross reflects the better control that the electrlo companies now have on operating expenses. w.Gi?ner.1.' ,nProvnint in postal savings de- "" luruucnoui me country wa shown y August renorfH. thn ftnatnffi.. nniv.n. in tlin i,.nnl,l.. ....i . '. On fh flri.1 -nil announced. Total m, ii J, ..lv.. ,.. AV """cineni ot w.. - -.. .. . , - .....:"-" --. w nn.w- ir,rK , - .! IT.... " .u.l., IK1IIN.. aonroxlmattlv iv, jnn tnn ,,,.,....,.. A. month of about 1100. 000. tno smallest de crease shown in several months. ,-D.Jlr ,?vfr".reltro" crude oil production H1 .th "nlfed States for the week ended September 10 was 1, 276. 040 barrels, com pared with 1.202,270 barrels the week be rore, according to estimates of the Ameri can Petroleum Institute, a decline of 12,230 LJrr,v" Current ngure represents a decline of 00.080 barrels from the high record of ?d.u.?iiun "Ported by the Institute of 1, 314.1J0 Ual.y (or the week ended Juno 11. Chlrago and Northwestern has virtu ally closed Iti account with the Qovt-rn ment Its original claim for tho contract period was around J40.000 000. Including interest, depreciation, etc. The Government rut In a set-off claim of around J12,000,0uu for additions and betterments and has ad janced about $10 COO, 000 from time to time leaving 1S 000.000. which the company has arranged to settio forthwith for 38,000,000 it owes the Government nothing. Sharp setbacks In the price1 of wheat have taken pUca thin week with traders ctvlnir intr tn n consldernb 0 extent and nro-I y?'l1""'r"'niion tn acute oppression of ... - . .;. ; if-iBn vjii iKtiiKCH ana SPt. Oct. .. Dec. Jan.. Mar. . May.. July.. Spot . Bid Previous Close Open 18. .10 18.07 M8.40 10 00 18 81 High Low 18.85 18. HI) 18.8.1 18 25 18.70 18.0.1 18 05 18 30 18. .15 18 8.1 18.75 18.75 18,05 18.30 18.10 18,30 18.37 18 35 18.18 17.95 Close 18 io(in 18 5058 18 HKu 18.3r,ai4ll 18. 18927 17.05 18 00 NEW YORK COFFEE MARKET New York, Sept. 17. Tho local cof fee futures market oponed 0 to 10 points higher this morning in respond to tho bettT Brazilian bhowing. The demand for contracts on the call was fnlrlv active. There was nothing In the Sao Paulo weather news to Indicate any danger of a cold snap there, although ruins were reported In some district nnd clearing weather, following n rulny upell, during the full moon period, often brings on a cold wave, endangering lowering. Afti-r the call both Knntos nnd Hio Here reported firmer and higher, nnd this brought in Wall Street covering orders, together with n moderate amount of scattered trade buying, which sent iMjg-continued iges drau, to rolnu brenklnt- ght In Argentina. Com- I'orcu wnn a we ago. wneat this inorn- titic yih u-4. io or lower, corn uown 2n k 7ir, G&ia to 00c 'ic to l'c and wovlslona 17c maturities. Including railroad. Cornorate public utility and Industrial Issues In Orto ber. 1021, aggregate 130. 230. 455 acRln.i rl'vi4,7 ,.)" September and J27,740.01u in 184 October, 102U. Limited r- Whalen Pu.o and I'nwt Mill port operating profits of 11.208.834 for ear t2?2'1Fj,'brua" . ln-'- comuarod with IS78.B40 for previous ear. After deducting taies and othr chant's und writing down large Inventories, but beforo depression, net profits were J53O.O03 compared with 1323. ,i...ccor(,,n5 to,the Horn nlan Bureau of sta. fJ,V'cin..?ro,1.7.c,lon "'"l1" In Canada dur 'ilr.?n10SU w " e"Hal ic ot urpass that of 1020. During the first half of the year Silver Drodurttnn rn,Alri n J ili '1 ,! which ductln 13.330 357 fine ources ripld over jn 1 1 .,( n. ,.o,a.'...?r.o.'iuci'0' ' lO-'O ien production wk. jesterdiv nf ".Phil Trac 51 2 Phila Ins Wire... 15 Un Trac. 147 U G I... Ev dividend. noT.?'"! '. 718 shares, compared with 13.51! I td'- Thus far thU itoK, PHILADELPHIA BONDS ?SJ -tonty -Jth 4'4s '38... lota 80.20 1450 Liberty 4th 4a '38 80.24 10(10 I'ennn R It ranu da 'A1 on 1300 Phila Klec 1st Cs lots 85 TOtal. 17nr.fl r.r...A .... .... ... t.rday Thus fa?' tKl."werk"")430,200. y"- NEWYOBK BANK STATEMENT Excess Reserve Raised to $64,628, 270 Heavy Loan and De posit Expansion The financial operations Incidental to tno tar payments fio-ii,) nn,in.ii. i, ..:..;.,.. --'- ii"w it tho ISew iHtiAis.i sVt J.oans nnd .lisoounts showed an expan sion of S77.i:m nnn ..ui. ..i7i'.i.", in. i. '---"'" oiiuu inuiviiiuai deposits were .$r,2,092,O00 larger. The increase, liabilities, however, wew off' oj the increase of $45,407,000 In ervo HennlC "J11 ftt th Pdoral rS IZl nnkl A8 n rcsult ihe ess ro brinHnW.n,' incr,co,,el $38,250,340, ''ringing the surplus above legal re quirementH to $54,(!23,270. fetalis follow : AVKItAQEl This week 120,128,030 500,122,000 i,oi.',ii: Last week 17.001,070 480,033,000 000 4,320,116,000 73,173,000 70,720,000 480.071,000 470,150,000 Liens reserve Aigregate res I-oans, eto -an in vaults a member bks Hetene in mem ber banks and rsra banks Reserve In fitato I'unks and trust 1 ' mpanla . . Hrsepe In State t'anks and trust company deposi tories N't demand de. T.m.,1 ' ,. 3.074,200.000 3,022,007.000 Urculatlon . . 32,376.000 - t urooBirs new York b'on sale S. 720,000 8.331,000 8,520.000 8.287,000 Collapse in Commonwealth Fi nance Early Featuro-Coar Stocks Hold Firm New York, Sept. 17. The feature of tho trading on the Now York Curb Exchange today. was tho eudden col lapse in tho price ot tho two Common wealth' Finance Issues. These two stocks had recently been active and strong, tho common selling as high as 71. yesterday ,It had n sharp break, falling to 01, and this morning was without support, tumbling to 45. The preferred, which sold above 70 yes terday, broko to CO today. Officials of the company assert there is nothing wrong with tho affairs of tho corpora tion. Tho other Issues were Irregular. Coal stocks held firm, Qlen Alden selling nt 38 and Farrell Goal atOU to 1U. Holbrook was strong, ranging, from 10Vi to 10. Philip Morris continued Its upward movement, a largo block of stock changing hands nt OVi to 0. R. J. Reynolds 11 stock sold nt 30 to 30. United Retail Candy held firm. Southern Petroleum and Refining made a further advance, selling at the high record of SYj. Maracalbo was heavy, dropping from 18 to 17. Tobacco Products held firm at 0 and 0. INmJSTMAI.8 High Amer Leather Ifrlt Amer Tob coup. Car Light Com Finance) Com Finance pref .. Empire Food .Farrell Coal Ulen Alden Coat ... Holbrook llavdeiv Chem .. Locomobile 43 D ft 11 O Philip Morris ... Itadlo Com Hadlo Com pref .. It J Reynolds (new) eouthern C A I .. weeta Co Tob Trod Exp .... U 8 I, a II u B tsteam 11 50 lOJi 18U 88V4 10J 1H K.I 2 80K 2 1A a? Low 8 lift 45 EO iok IB 88 IS 1 45 80H Last 8 DO aou 2 ft 1 ai Son 13 38' 10 1 45 85 OH 2 s'oK 2 2W !. 1 ill United Profit Sharln.... 1 1H ljt United net Candy OS fi 0 Wayne Coal 1A 1A 1A 8TAND.nD OlM Ando-Amer Oil 15U Stand Oil of Ind 70 INDEPENDENT OILS 15 70W Amer Fuel 15 Carlb Synd 4Vi Ollllland Oil 2 Qlenrock Oil 00 Int Petrol 10 Keystone Ranger CO Lyons Pet 07 Maracalbo Oil 18 Omar Oil SO Producer & Refiners 4 Salt Creek Prod 10J4 Slmms Pet Bkelly Oil 4H Southern PAR 8Vi 15 2A 00 10 60 04 17 00 4 10U 0 4 3 15 70 IS 4A 00 in 50 114 P0 1W o 4 SU MINING Alaska Br Columbia Doston & Montana . . Canada Copper . . . . Carson River Cresson Oold Divide Ext El Salvador Goldneld Florence .. Holltnser MacNamara, Nclntyre .-National Tin Nevada Ophlr Nlptss'na- Red Warrior Tonopah Delmont . . U S Cont United Eastern .... Amn Tob 7. 1028 , Aran Tel Cs. 1922 , Amn Tel 0s. 1024 , Anaconda 7s. 1929 Anslo Amn 7 a ., Armour 7s Beth steel 7s. luza neth Steel 7s. 1D35 Galena 7s Grand Trunk 0a Humblo Oil Interboro ns Kennecott 7 I.lbbv McNeill 7a .. Nat Leather Ss ... NTN1U1HI Southern lty 0s . . . Southwest Dell 7s . SONY OttS.... Swift 7s. 1025 .... Swift 7s. 1031 Un Drue 8s Vacuum 7s West Eleo 7a U S Brazil 8s .... 43 40 43 75 70 73 35 35 35 '.'.'.'.'. 1A 1A 1A 24 24 24 Ill 10 10 41 , 80 , 40., OH OH 0 10 15 10 1 1 1 01 B9 60 40 40 40 4 4H 4 4 4 4 1H 1H IS 62 60 52 2H 2 2 DOND9 101H 101 101H 90 on o 08 08 98 95 04 1)4 101 101 101 oo . i8' no 08 J cs; osi . ... 05 05 (15 00U 00 90 98H OSS 08 07 08 98 75 75 76 04 03 04 . . . . . 00 III! 00 00 00 00H 55 65 65 98 08 08H 07 07 07 103 103 103 00 00 00 90 99 00 07 97 07 102 102 102 101 101 101 90 00 00 FOREIGN EXCHANGE Xew York. Sent. 17. The foreign exchange market opened quiet with n tendency toward steaamess. Quotations were: , Sterling cables 3.71ai. demand 3.71 V'. franc cables 7.10. checks 7.00; lire cables -1.4, ciieckH 4.2346: Swiss cables 17.25, checks 17.23; guilder ca bles 31.57, checks 31. 52: peseta cables 13.02. checks 13.00: Stockholm ca bles 21.05. checks 21.00: Christianla cables 12.87. checks 12.82; Copenhagen cables 17.C5, checks 17.00; Belgian ca bles 7.03, checks 7.02; marks .08. The premium on Now York funds In Montreal today declined 3-10 per cent to 12 per cent. Canadian funds in New iork were a shade firmer nt 10 23-32 per cent discount. Central European exchanges were: Rumania. 1.02; Austrian, .0014; Hun garian, .m; uzecno-aiovnman, 1.22; Jugo-Slavian. .40; Serbian, 1.04U: Bulgarian, .72; Polish, .02. YESTERDAY'S FINAL QUOTATIONS Demand Cables . . . TODAY'S Sterling Francs Lire Guilders 8.70'A 7.l!0tt 4 24 31.40 Demand Cables . Demand Cables . 3.70 7.01 4.24'i 31.40 OPENING QUOTATIONS Sterling- Francs Lire Guilders ... 3.7111 7.00 4.23H 31.52 .. 3.71K 7.10 4.24 biloT CLOSING QUOTATIONS Sterling Francs Lire Guilders , ... 8.71 7.08H 4,23 81 47 .. 3.71 7.00 4.23 8163 LIVESTOCK QUOTATIONS rlttcbursh, Pn Sept. 17. HOCJS rte celpts 2300 head. Steady. Heavies, 18,25 0 8.60; heavy yorkers. t8.75O8.U0; light yorkers. 18.2508.50; plira, S808.25. SHEEP AND LAMBS Receipts, 1000 head. Steady. Top sheep. 15; top lambs, iiu.ou. 60 head. Steady. Sept. 17. CATTLE Steady. Calvec re- deducted Lxccss reeone . Atrttri-KHte ros . Loans, etc Cash In vaults and member banks Reserve In mem ber banks and renrve banks . Reserve In state banks and trust companies Iterervo In ctate banks and trust company depositories Jet demand dc IK)alts . Time deposits 12.040.000 32,417,000 60,483,000 100,480,000 ACTUAL This week Last week 54,026,240 1111,808,930 042,418,000 107.209,000 4,400,451.000 4,329,812,000 09,212,000 ' 70.014,000 625,618,000 480,021,000 8.070,000 8,221.000 8,897,000 8,351.000 Ttlf rinlri nvor.BniiHntljin the now izslooo one ic.nailan Vatlonal Italli , Circulation was bond Issue was also an Indication of 'United Htat investment 3,087,053,000 3,034,001,000 216,244,000 214,483,000 32.323,000 32,433,000 the healthy demand for prime Beturmes oi nil qesrriptions. ..C"llTiaL,v"!cn atatlatlca show that 11 -115 SS0 barrels of oil war. nrodured In MsxIlo In July, of which 6.810,488 barrels were exported. Taxes on production paid by the various companies to the Mexican Gov ernment In July arr.ouniod to IMH 571) and export tax payments were 11,200,000, a total of 52.055,179. The Guaranty Tnmt Company of New York stock this mornlne was ciuoted at 175 to 180, which is Hllaht.y raster than Jester day's quotations, when sales were mado at iiuih log u ion, wun ine market beln.r luoteq at 10 to 181. There were sale. deposits de- uuciea 220.222.000 04,090,000 BAR 8ILVER Domestic bar aller was unchanged In New York today at 00U o per flno ounce; forelfn, 05c, unchanged. In London the price was unaltered at 30 d. QUO t5!.,imI,rnlP ' V0: 9cordlni to Uw wbo tid.ooo. x reornanlsatlou plan Is Ulna: oou peclallze la bank stocks. ' sKsred. Receiver for Owen Tire Company rietrlanrt, ()., Sept. 17. Manton M. Scott has been appointed receiver for the Owen Tiro and Rubber c'omunny. of lledford. O. It la said that thn company has assets of approximately thOO.OOO and liabilities of CALVES Receipts. Top. J14.50. Kast llulTnlo ,N. Y. Receipts. 323 hend. celpts. 200 head 80c lower. I6M13.60. HOGS Receipts, 3200 head. Generally steady to 10c lower. Plus. 25080c lower; heavy. IS.25W8.75: mixed and yorkers, ID; tight do I8.50O8.76; pigs. $8.50; roughs, 0: stags MflOO. SHUEP AND LAMRS Receipts. 120(1 head Lambs. 14,50010.50; few, 110.75; oinetj uncnangeu. BANK CLEARINGS Dank clearings today compared with cor responding day last two years; 1021 inn mm rhlla ...180,000,000 $84,472,080 $71,181,501 liosion .. iu,oDt,i,ni tl.l.uojtUSU N. Tork 088.000,000 Ualtlmore 12,722.1109 17.240,722 U. 8. Certificates and Treasury Notes Int Rate 64 5i Oct t' Dec. 5 Feb t5e Mar Maturity uaie Oct., 1921 1.21- 1022 1922 1022 Hid Asked Yield 1110 1-32 100 8-32 4.12 100 1.10 100 4.00 .100 100 3.87 .100 100 4 80 .100 8-32 10CI 8-10 4.00 .100 lOOli 4 05 .juu? IUUH 4.87 lOO 8-10 100 5-10 4.05 100 7-82 100 6-10 5.10 1110 3-32 100 3.10 5.00 OOtt 101 6 33 ??..'. '..V.'... "."i" "". n.au -c.Av.,1,.. ,w ,-vucrai normni income tax t 'Acceptable for payment of Income tax due on date of maturity. Reserve Banks' Discount Rates Official rediscount rates at the twelvo Fed. citti ..cbw.v ..una n,c lOIIOWS; i rees, ctrs . . 6 t'avi war t5 Mar.. 111:2 t3 June, 1922 6 Aug.. 1922 f5 Sept , 1022 tt, June. 11)24 H1X R.nt lll'fl Doston .... New York . Philadelphia Cleveland 1 Richmond Atlanta .. Chicago St. Louis Minneapolis Kansas City . Dallas San Francisco I-lh. r-nm'l lit... llonds. I'aper. Accent. W D. in RU K1X :; H S, SR . 8 514 B . . n 11 n . a 11 11 . . 0 11 a ..11 a 11 .. 5 H 0V4 . . n n ..a e u ..6 B 8 Adams Exp 4s -8 62 8 03 Amr. Asr'o A Chem 7s 1 OT 2 90 2 OT A S A R'e Si 0 78 1 77 Am T A.T.clt 2 88 1 88 0 88 Am'n Tel A T cv 4Us l;.... su Am T A T 8s 9 88 1 80 tt Am T A T 6 4.,.. 100 3.... 100H 1.... 100 1.... 101 1.... 100 Arse Rep'o 5s 3 71 1 73 A T A 8 Fe ai 2 73 H A T A B Fe 4s 1 78 8 78 14 78 Ato T A S Fe cv 4s '00 3..... 84 A A Danv 1st B 07 U A Coast L 4s 7 80 8 80 Atl'o Fruit Ts 7 88 Atlantis Refg ct 0s 1.... 101 Atlas Pwdr U 7s vri 4 90 1 08 Dalt A Ohio cv 1 71 1 71 2 71 Bait A O 3s 2 88 1 88 Dalt A Ohlj 4s 1 71 2 71 Bait & Ohio 6s 6 73 Bait A Ohio 0s 2 OS 1 03 1 03 2 02 Bait A Ohio S Wn 3s 4 83 2..:.. 83T4 0 83'i B A O Tol 4a 2 r.o; 1 60?; 2.."... 57 Bell Telephone of Pa 7s 1 103 Beth Steel fd 1 80H 2 80 Bdn Cop M 0s 1 Rfl 1 80 BToad'y & 7th Ave en 1 42 Bkn Edl Co 0s 1 03 4 02V, Bkn Kdl D 7s 8.... 102H 2.... 102H 1.... 102U Bkn R Tr 7a 40 52 30 62 40 62 nush Bld'K Ss 2;.... 76 Bush Ter'l 6s 1 72 Can d' n Nthn OHs rets 1 102 2.... 102 1.... 101 Canad'n N 7a 2 103 1 105 1.... 105 1 105 Cen'l of Ga en 1 87 1 87 Cent of Ga 0s 05 Ctl Leather 5s 00 Ctl Pacific 1st 1 70 Ct'l Pao 3'4B 1 81 C R N Jsy 6s 2 07 Cero de Pasco Copr 8s 2.... 100 4 100 2 108 C A Ohio 4tts 2 77 2 77 C A O cv 4a 1 701, 3 70 C'k A O cv 3s 2.."... 84 2 . . 81 t 1 .... 84 1. ... 84 I'M A Alt 3s 6 47 8 40V4 Chi A Alt H". 1 37 Chi B A Q neb 6 00 C II A Q II 4s 8 83 C 11 A Q 04s ISALK3 IN $10001 6.. 6.. 6.. 3.. 1 I 15 . 1.. 102S 102H 1024 102 102 N, 1024 102S 2.... 1024 8.... 102S Chi Mil A Pgt Sound 4s .. 024 .. 03 . . 04 ..'03 03 Chicago Mil A St P'l 4s 2 71 1 71 1 70 2 71 Chicago Mil A StP d 4s 2 .... 57 4. ... 57T4 Chicago Mil A StP cv 44s 0 .... 00 1 00 1 0OV4 Chicago Mil A StP fd 4s 2. 50 :i '. oo 4 68. Chlcagp Mil A StP gm 4 4s 6 .... 77 Chlcsgo Mil A UtP cv Bs 1 O0T4 1 . .. OOK 2 .... 6T 3 .... 00 2 00'i 1 . . . . en C A Nwn 0s 1.... 10H4 Chi Rwys 6s 1 04 1; C II I A P fd 2.... 70 1 70 2 .... 70i; Chicago Union Sta ct 04s 3..,. 1004 Chi A W I 4s 1 ..01 1 .... 01 2 01 Chile Cop'r As 1 .... 73H 31 .... 734 2 73; 2 731i Chile Cop'r 7s 6 .. . 04 2 . .. 04 ; Chinese Gov't Hu K It 5s 3 . 40 '4 City of Bergen 6a rets 1.... 10 1.... 100 City Berne 8s 4,... 101H 1.... 101 1.... 101 1.... 101 CHr Bord'x 0s 1 84 1 83 Cty Chrla'a 8s 1 101M 8.... 101 City of Copen hagen BH 8 81 1 82 2 81 City Lyons 0s 1 84 1 84 CNTIl '7 1 81 City Tarls 0s 1 091D 4.... 00.18 1 09.15 City Zurch 8s 1.... 102 1.... 102 CI'd Cln Chi A Bt-Louis 4a Ksale) 00 CI'd Cln Chi A StL cm 4 s 8 89 3 OOU Cld Cln Chi A St L 0s 2 9B 1 04 0 04 Cleve B L 4 si 2 834 Colo A S 4s 3 774 Columbia Gas A Eleo 1st 2 84 Cons'd Gas 7s 1.... 1014 5.... 101 Ksalo) 1014 1.... 101 Cuban A S 8s 2 00 2 00 Cuban C S cv 1 88 Cuba R Co 6s 1 004 Del A Uud cv 1 83 Denmark Con ct B 8s 2.... 102 2.... 102 Den A R O 4s 4 .... 0TT4 5 0T 2 0T Des Moines A Ft D 4s 2 44 Det Kdl Co 0s 8 01 Det U II 4 4s 1 60 D Match 7a 1.... 104 H 4.... 104i Do Canada '20 2 natt 1 03T4 Do Cnnada'Ui 1 80i D do Nemours Pwdr 74 1.. 1... 1 ., 1 .. 8.., 1... 8... 6... 3... 2.. 09 90S 90S 00K 00 K 00U 90S 00 H 00 90 Duq Light fl 1 04 1 04 Erie Gnl Lien 43 ti Erie R R cv II 1 381.1 Erie R Co 4s 1 604 Erie Pa R 4s 8 744 Flsk Rub'r Co 8s wl' 1 90 4 00 3 00 Qen'l Elec Ss 1 87H 1 88 Gene't Eleo 0s 2.... 102 1.... 101 Goodyear Tire A Rubr 8a Int M ct 4 4s 22..... 18 20,.... 13 1 18 Interb n T fd 17 84 8 64 1 84 1 64 1... 1... 2. 1... 2... 0... 4... 8... 1... 83. 84 844 64 64 B4 64 84 T4 84 84 66 Int' I Art C Ba 4 78 I M Marine 0s 2 70 Iowa Cent'l 6s 1 08 Jap Govs' t 1st 1 88 Jap Oove't 2d 1.... 83 1 88 1 86 8 88 Jap Gove't 4s 8 00 Kan C Ft. 8 A Memp 4s 1 08 Kan C A S 81 B 68 3 68 1 68 1 68 Kan C A 8 Bs 1 78 1 78 1 78 IC O T RlV 4s 1..... 78 8 78 1 78 Kelly SprlntM Tire 8i 2 07 B 074 IC Belgium 0s 1 05 1 05 1 05 1 05 l(nale) 05 1 05 2 05 4 96 ft OR It ft Relg-m T's 4. 8.. 1.. 1.. 1... 102 102 103 103 102 K Belg'm rets 2. 1... 1... 1... 1... 8... O 1.. 102 102 101 T4 101 101 101 102 102 . 08 Kingdom Den mark ct 8s 2.... 103 1.... 1034 1.... 108 3.... 1034 Kingdom Nor way ct 8a 1...-. 1054 6. ...'100 1.... 100 1.... 1054" IC Sweden 0s . ... 102 102 ... 1024 .... 1024 102 Oove't French R 7 4s rets 6.. 8.. 8 . 1.. 8.. a.. 8.. 28.. 20.. 4.. 14 . 1.. 1.. 3 . 1 1.. 1 1.. 1.. 1. 05 03'i 05 05 05 00 05 03 05 03 03 05 05 05 95 T4 05 05 05 05 05 05 Gove't F R 8s 100 1004 100 1004 1004 1004 1014 1014 100 100 100 Gnd Trk 0s wl 1.. !4.. 1.. 1.. 2.. 6.! 0.. 1.. 6.. 1.. 10 3.. .. 1 . 1.. 4.. 3.. 8.. 1.. 0.. 1.. 3., 5 . (I 0.. 03 95 1)5 05 95 05 05 05 05 05 05 4 06 05 95 95 G'd Trunk 5.. 1 . fl.. 1.. n 1.. 104 104 1044 IOII4 104 104 O Nthn II 7s 3. 1.. 2.. 102 102 1024 1024 102 1024 102 102 102 4 102 Hud A Man fd 1 07 lit.. .. 07 1 08 1 07 Hud A Man In 7.... 1.... 1.... 2.... 1.... 1.... 0.... 3.... 1.... 1. 80 R9 80 80 80 80 80 80 804 80 Lack Steel '23 1 06 2 00 Laclede O C of St L 6a 1 78 Lake Shore M S 4a -31 8 85 L Vnl en 4s 13 70 B 70 8 70 Lehigh Val 0s 1 00 L A Myers 7a 1.... 107 Lo Cln A Lex ington 4s 2 004 Lo A Nash 4 s 4 834 Manhat E'd 4a 8 53 Mkt St Ry 1st 1 73 1 73 2 72 1 73 Maria' d Oil 8s 1 00 2 00 ptex Tefm 8s 1 90 Mid S A Or 6s 2 78- 1 77 4 774 M St P A S Ste M 04a 8 00 4 00 6 00 1 00 M IC A T 2nd 1 41 Mo IC A T 4s 20 03 1 63 1 634 1 03 Mo Pacino 4s 2 B4 2 64 3 544 8 64 2..;.. 64 Mo Pao 6a '23 4 044 Mo Pac 5s '65 81 New Or Tex A Mex 7s 1.... 102 New Or Tex A Mexico 3s 2 50 N Y Ctl 34a 0 07 N Y Cent'l 4s ... 80 Cent'l Us ... 03 4 6.. N Y 1.. 1.. I.. 4.. 1.. 5.. 03 14 11 a b 03 93 4 93 N Y Cent'l 7s 103 6.. 6.. 1.. 1.. 103 103 102 103 7.. 1... II . 1... B... 2... 2... 3... 1... 7... 17. 44 44 41 44 44 46 45 45 44 44 44 III Cenl 4s '5 1 03 3 08 Ills Cen'l 6s 1 02 2 02 Ills Cen'l ii,i 1 . . 103'; III C Ht L A N O Jt lids 5s 1 .... 84 1 .... M 1 .. . 84 6 . 84 ' 1.. .. 81 Ills Steel 4 4 1 834 Intro Met 4s IB 14 IB ( i N Yk Light II A Pwr 4s 1 00 New York O A Weat'n 4s 1 02 1 02 N Yk Rlys 5s 2 0'i 1 0 N Yk Tel 4s 2 84 4 4 84 4 4 844 N Yk Tel'e 0s 1 904 8 004 8 90 4 90Vj 1 90 Nfk A Wn 4h 8 79 North West'n It Tel'e 7s 2. . 103 IO314 103 103 103 4 1034 103 103 N Pacific H 3s I . . . 67 1 68 N Pacific It 4s 5 .... 77 1 77 1... . 77 1 77 N Pacino R Os I ... 102 Nth S Pwr 6s 1 82 83 Ore A Calf Si 1 08 Oregon S L 4s 1 88 1 '70 Pao Pwr 6s Pacard Motor Car 8 s 1 07 8..'. 1. 0T ra RR 4s '48 2..... 81 Pa n en 4s ' 1 874 Pa R gm 44s B 81 Penna R R Bs 1 80 1 80 2 80 Penna R 0s 1.... 100 0.... 101 ,1.... 101 Penna R R 7s . 2.... 104 12..,. 103 8.,.. 103 Peop Gas L A oal 0 s 1 70 Pere Marot Bs 0 824 8 82 Phila Cnty cv 1 08 8 08 Pitt C Chi A St L a Bs 2 83 1 854 Reading- Co 4s 2(sale) 77 Rep Chile rets 1 08 !.... 08 1 08 2 08 1 08 1 08 R Cuba 44s 4 00 1 08 R Cuba 6s '04 1 77 2 78 Rep'o of Uru- guy 8s wl 6.... 100 1.... 100 6 00 Rock Il'd A A Lout' a 44s 4 70 1 70 St L I'n Mt A S'n Rly 4s l"..... 78 St L l'n Mt A S'n Rly Bs Ksale) 75 StL I Mt A 8 R A O dlv 4a St P'l A Sioux City 7a 1 03 1 02 Sao Paulo of Bratll ct 8s B 08 B 08 1 OS Seab'd A L aj 2 204 8ab'd A X" 4s 1....I BBH Seab'd A L 0s 1 48 1 484 9 48 Sinclair C Oil Corp'n 7i 8 02 2 02 '8 03 23 03 S'n Bell T 8s 1..... 84 3 84 S'n Paclfla fd 3 7BH 8 78 3 76 S'n Pao cv 4s 1 884 4 88 Sn Pao Term'l 1 78 Sulh'n Rly 4s 1 60 1 694 8 80 Suth'n Rly Bl 6 80 Stan Mil C Ba 8 ST kStand'd Oil of Calif 8s 7.... 104 1..., 104 0.... 104 Swtt'd Con 8s 8 88 1,... 100 1.... 106 Tenn Cop'r 6s 3 88 Third Ave a 42... 8... 1... 2... 1... 1... 1... 1... 16. 2. 6. 1. 2. 71 734 72 72 72 St L A S F aj 60 60 2.. 6.. 1.. 6.. 8. 00 00 00 60 00 St L A S F In 1 87 8 88 8,.... B7 St Lo A S Fr Series A 6 03 Bt L Sow'n en 3 60 1 00 St P'l A IC C S L4s 1 OS Total. $0,043,000. 88 89 80 80 80 80 80 80 Tidewater Oil Coct 0s 1 0T 1 07 Trl Cty Rly A Light Bs 2 04 Union Pao ov 2 87 6 88 Union Pao fd 1 78 Union Pao 4 a 1 82 1 824 1 82 8 88 Union Pao 8s 1.... 100 U IC Grt Brit A I'd 1021 8 00 U IC Grt Brit A I'd 1022 23 08 8 08 2 08 8 084 U IC Ort Brit A I'd 1029 1.. 2.. 1.. 1.. 1.. 1.. 80 80 80 80 80 89 V IC Ort Brit A I'd 1087 1 80 B B0 1,.... 80 0 89 U 8 Bratll Ss ..., ivu 2.... 1.... 1.... 8.... 1.... 2.... 8.... 3.... 1.. 1.. 8.. 2.. 1.. 6.. U 8 Msxlco 4s 0..... 80 U 8 Mexico Bl 100 100 100 100 100 100 100 . 00 100 1004 100 100 100 100 63 63 88 B3 BS 83 63 68 82 B8 63 82 1 4, 0 7 1 ! '6 8 B 7 4..,.. 8 U S R A I Bs 8 88 1 88 U 8 Itubb'r Bs 1...... 70 U S Rub 7s 1.... 100 8.... 100 U'd B ateel Bs, B 04 B 04 Utah Power A Light 6a 1..... 82 Va-C Chm 1st 1 02 Va-C Chem 0s 1 80 Va-0 Ch 7s 1 02 1 01 Va Rallw'a 6s 2 84 Wabash R 1st 2 80 1 87 Wash Cen 4 s 1 08 Wash Pwr 8s 1 87 West'n Md 4s 4 64 1 B3 3 84 Wn PoclOo 1st 6 81 8 81 West Shore 4s 1 74 1 78 V U 6 wl 8.. 1... 1... 1... 2... 1... 8.. 100 101 100 101 101 100 100 West'li'e Eleo A Mfr 7a 1.... 103 1.... 103 Wilson Co 1st 4 87 1 87 2 87 Wis Cent'l 4s 1 Tl V; C Sup A D dlv A T 4s S 70 872,000 yesterday. 10,UUU. compared with Thus far this week. $14,. 183.- Philadelphia Markets WHEAT Receipts. 100,681 bush. Mar i...Q.ulet And 2o lower. Car lots In export elevator No. 2 red winter. $1.8101.80: No. - "d winter, garlicky. $1.1791.22. 6ther Su.i'if ,QVotS?. ai ,he following; schedule of dltcounts: Mixed wheat, Oo under red win ter; No. 8 wheat. Sc under No. 2; No. 4 n-H.Vvl0 .Vn1y No,' 2i No'. wn-t. o nnnM't?' Sample according; to quality. CORN Receipts, 8007 bush. Quiet but vJ oy nhnJ?A. Ca. Iot" ln export elevator No. 2. poOTc: No. 8. 03(81040. Car lots f0M??2l if1"18' f0- 2 yellow. 7B07flc. OATS Receipts. 0803 bush. Trade alow 5,far.V!.ralJ!o"i..Ca.,0,, t0 location Ntk,awy,V,8fl0c: o. 3 white. 40047c. FLOUR Receipts. BOO bbls. and 2,041,208 lbs. tn sacks. Quiet and showed little chance. The quotations follow: For 100 bs packed In 140-lb. Jute saoks Soft win ur straight Western. I0.50O0.7S: do, do. tnr A06'30:- h" wlntr- "tralght nIliU?i7.-7?! d.Ali.r,i ent. $8518.25 spHni J)r, olear. 1707.25; do. patent. $8.75 0.1O: do. ahort patent. $9. 2509,60: fancy ,8riWfefJ?,LcUy,,n,"l tnt. family brands, 19. 75010.60. Rye Hour. $7.5007.75 ' tln1nI.l.'V,1,SIOfa-S.ta1J' but quiet. Quota i'?o V,..Veeif-.,ni.,l"u' mokel nd alr-drled. 6rcuRee.f'.Snucllea anl tsnders. smoked and a,',r-1le?' WA- fmlly. $43; hams. 3. P oujfd. loose. 27 20c: do, skinned, loos?, 20 082o: do. do. smoked, 81 84c: hams, bo led. boneless 63cs plcnlo shoulders. 3. P. cured SS:!' Vt d0' TOokat 17ci Wl". in Pickle 1 uilTTFnVMkf'" bac?n.' -8oV a"l. 134c Th. T5n.TMarket l"'8' a"l unohanged. J.h-1-i,uolaUon" a-ro a follows! Solld 5atkdjuamo.r' !Bncy- high-scoring; goods. ir.48d:..the .,a,tV ,or Jobblnr sales lYK!i 4SCI extra nrsts, 42048o; nrsts, 870890! seconds, SSOaOc: sweet creamery Snlce to fancy. 47 4494c: fair to gSod 404 0404c: fancy brands of nrlnts ".? A'JF.A.F800 '"' t0 chol?e.n60OB7" EQUS Fine eggs scarce and nrm at lato advance. The quotations are as follows: Nearby extra nrsts, 42c. nrsts. 41c: vet em extra flrsts. 39040c: nrsts aVoaSc h?Sf,nd!i. 20J31c: Infsrlor' lots T low??; Jog: ai?5 ,a ",of lancy and'el fresh eggs, 83 O 64c; fair to choice, 47082. CHEESE Firmly held. The quotations-i8iwYk-.,wh5l8, mllk "a"' fancy, fresh TinC..dg-fr..'hr ,0 2l04V3rftV?.ng? fDaanVroc&.fc"ci '8 o? LIVE POULTRY Fowls, not Leghorns fane! f". welghln 5 lbs. apl?ee and ov??.' HW.34?: medium, 288no: Inferior, 24020o. white Leghorn fowls, 22$24c: sprinc chTcS: ens. brollors. not leghorns, fs.ncy? yellow n"nnSd.;fj.,w.;lKnln? 3V?to8 bs? apece? pe7 .iwii?3.3 .wclh!nr 12 lbs. apiece. u., uui ;naiier sizes. 23025c; sprlna- niece. 24 020c; do. do smaller sixes? 22 Fik n VS1".""' V"18c: ,duck' wn"e Si-'i1' 22J,C: mixed colore, 1820c: &80c r' ' 35O40oi 'oun' 25 DRESSED POULTRY HViwI. t,... killed, dry-plck.d. In boxes, weigh" 8 "bs" apiece, site: do. weghlni 4 lb! ibm hI' wBeJffh'ns; 34 lbs.. Sic" 35. wefthlncTlb, ' -?30c. Fowls, freeh-kllled. In bbls.. afi. Picked Weigh ne 4 OS lbs anlece ,!rv packed 3,1e; do. welgWnr 4 OB Ks'aplice Re'Pdn iJIV ,lni ,w"n,n 8 lbs.. 2)& ;'6c: lo. uplghlna- 8 lbs nnd under. 224c. roasting chickens, Western. welKhlnn 3H A 1 lbs. uplece 300.12c: brolllnc chlckunM v.i ern. weighing 14 $2 lbs apiece Sofia",!" fry nB chickens. Ve.tern SehThl'iiB. 4?f' 3 lbs apiece. 2327i: rnastlnir chicken. "rjf'V. "lKhln 3 4 04 lb. "apiece 320 35c: broiling chickens, nearhv welghlnr 14 112 lbs., nnlece. 31 Hie- frying chicken. "K;.rb wol!lnK 2 lb i. apiece 27 fe! ?id TS"lt"- ''"-Picked, Western. 21o do do. Southern. 1920c: ducklings. 27 LOCAL MINING STOCKS TONOPAH STOCKS Cash Boy nid., Jim Butler ... (17 MacNamara ' '14 .Midway ,, Mlipah Ext " ' ; ' nil Montana nY North Star , .... "na llescue Eula .,,.' V0 Tonopah Ext ' ij. West End Jl West Tonopah q's DIVIDE STOCKS Allied Divide Alto Divide llelcher Helcher Ext Hen Hur ...... ..!... . llrouKh Divide Divide Ext Divide Con ..,.. ...". Dlv'dend Kast Divide ' Harmlll '.''"brouck Divide High Divide Knox , Hevert Dlvldo ! . Heno Divide lloseta Hllter King i:;.'.- Sutherland Tonopah Divide Tonopah llasbrouck Victory Divide Verde D'vlde ... Zono Ask ,05 .111) .11) .10 .13 .07 .0(1 .03 '.8 .00 .01 .02 .01 .01 .05 .24 .02 .02 .01 .12 .01 . . . .(ill ... .02 ... .01 ... .01 ... .Ill . . . .02 ... .08 . .. .02 ... .01 . . . .(. 08 OOLDFIELD STOCKS "'"111 v ..,,.. .-inuituil 1 rackerjack Dlnmondneld Blue Bull Florence . (loldfleld Con Oold riev llotdflcld Deep limit HerM .... . Jumbo Ext Kewanus Lons Star ... uro .01 .02 .311 .(HI .02 .111 .III .03 .III .02 Ited lillf." " " " ' -11 ijllver Pick ., M ,09. .02 .03 .02 .02 .01 .118 .211 .03 .03 .02 .14 .02 .01 .11 .03 .02 02 .11. .03 111 .114 U2 .03 .09 .03 .02 .04 .111 .11 .OH .113 .02 .02 .0,1 .02 ,n:l .01 4.110 .11 ' we cflMfccrsiS i ,"' B i -. o. noaore company Will uf.iiV $340,000 Superb ."'l'1 A contract for the erection t Bupentructure of the nrnnn..", ?. the nut Htreet Pier nt tin a S?Mt Wharves, tens lgncU tod.XBol Mnfror. hoontract cnlls forr fr th pendlture of $340,000 nnd wn. .th8 ? to J. S. Rogers Company. " Rward signature'. .Flrf, & I RuVrfordW.0' rccolvcd contracts for sss rrb Inci $48,000; Acchlene & cJnuwS H a $40,200 contract, and Vo1"" Flanagan received ' one fj10 A worth of work. o0,B00 l I ' ' ZZJ"'!J" - j?Gsbbbbi esTssWs'sTessTsTsssssssssssssgi ei- Spruoc 8200 BOUGHT SOLD QUOTED UniteFstates government securities ' , All Issues GECunntEa department commercial trust Company Member Federal Reserve Ryat(n City Hall Square West C. S. PATTOiT&TOri BAWfk8"- . Jtjcetioris to SAILER STEVENSON BbB.nrd. 5iff.ta-teS!hi mm ---" " . i.irniwrs Lawrence E. Brown & Co. CERTIFIED PUBLIC ACCOUNTANTS 1650 UEAL E8TATE TRUST Illjvi Investltate and adjust corporatlonVM TarxUnet!lrn?C:0Un,, "n1 Kwn '" FINANCIAL J I UVU COJU'ANK 10-YK,R OOfc RlTn FUND GOLD DEI1ENTDRE nO.YDsT Notice Is hereby given that pursusnt i the slnklnr fund provision of trust indntm dated May 1. 1910. proposals will iff 2 celyed at the office of Commercial Trust Company. Trustee. City Hall Square. FhXi delphla. for the sale to the TruitM m November 1. 1021. of a sumd.nt nurnkj? of bonds to consume the sum or I ISO lis i In the sinking- fund at a price not to eic3 par and accrued Interest. The rlrbt ti reserved to reject any or all proposals la whole or In part. Proposals should be sealed and marked "Proposals for the sa'e of Sun Company 10. Tear Oft Sinking Fund Oold Debenture Bonds." and be presented to the unsir slsned before II o'clock noon, on Wednesdsr September 28, 1921. '"' COMMERCIAL TRUST COMPANY. Truilie HENRY C. Oinso.W Treasurer. CLE.R SPRINGS WATER COMPANY NOTICE Bondhslders unler mortgage of the Clssr Sprlnrs Water Company, dated Auguit 1. 1012, are notified that the Guaranty Trait nnd Sate Deposit Compuny, trustee there under, now holds sinking fund of I2.0J9.25, undor the terms of said mortgage, for pur chase of said bonds, at lovrost prices offered, rot exceeding 101 and accrued Interest. Of ferings rscelved by the undersigned on or before noon, September 23 1B2I. OUARANTEB TRUST AND SAFE DaV POSIT COMPANY 810-018-320 Chestnut st. Phllad-Iphla, Pa. Dividends AMERICAN FOWElt li LIOHT COSirANV Tl nroadway. New York, N. Y. PREFERRED STOCK DIVIDEND NO. 41 The recular quarterly dividend of 1H on the Preferred Stock of the American Power A Light Company has been declared, payable October 1. 1021, to preferred stock holders of record at the close of butlmtt September IT. 1021. WILLIAM REISER. Treasurer. Proposals DEPARTMENT OF PUBLIC WORKS BUREAU OF HIGHWAYS Room 282. City Hall, Philadelphia FRED C. DUNLAP. Chief of Bureau. Sept. 12. 1921. Sealed proposals will be received sal opened ln Room 210. City Hall, at 12 o'clttk noon, September 23, 1021, for: ORAD1NO. , . ,, ASPHALT PAVINO (assessment work). VITRIFIED BLOCK PAVINO (assessment, work). ....., T.,rJ rvn SMOOTH-DRESSED SMOOTII-DRES PAVINO (assessment work). SMOOTii-uucaatiu REPAVINO CRANITE irk). GRANITE BLOC BLOCK olfB-PT inplllT.T nEPAVlKQ. REDRESSED ORANITE BLOCK Bl- I''r3lMOLITION OF BUILDINOS ON LINE 0KFUD.fNiANn0B ANDNUAPPLTINO BITU MINOUS MATERIAL. ... -,,- FURNISHINO AND DELIVERIN0 BROKEN STONE. P'lSFlI DARNDrDSELIVER.NO MC Wisinn'deliverino m- TOR-imiVEN ASH TUCKS (0 cublo yds.). FURNISHINO AND DELIVERING PACK ARD OR MACK MOTORTRUCKS (5 ton). FURNISHINO AND DELIVERING HOLT CATERPILLAR TRACTORS WITH 6N0W PJFURNIRHINO AN'6 DELIVERINO MOTOR-DRIVEN STREET SWEEPERS. i'uRNISHINO AND DELIVERINO SM n(FURNiSHINa AND DELIVERINO LUM- ""jRNISHINO AND,. DELIVERINO CE- MBrNuVii?rtaPBMDDiSitiN0 D FNIIOND DELIVERING PAINT" TOANK " YrSlr. Inquire at Room 232. City Hall SEALED PROPOSALS WILL RE I BR. celved it Ro)' 216. City Hall. unU" 1 n'cVocli noon on Frid'iv. September 30, 1M1. end openod at that tlmo In Room 210. City """SCHEDULE "A"-MA1N SEWERS AMlDlLi: ST. between the present tr- mlnuVni Front st. nnd Flihr si. ERIE AVE from R st. to Phlladrlphla anl PA'cKBn'BTbiwen 221 st. and P.nro.. place, and In Moyamen-lnr avc bstw. Pcnrosi place and Olnrado st. (8th sUi PACKER ST between Tenrose place ind PCHEDULE "R-'-RICONSTRUCTION NINTH ST. J"H$ftVH'C'T " Seers In DELAWARE AVE. between Sny dcr avu. and Hlgler st. fcU. at -"' ANhVcAVEN, Director. EASTERN MTATE PKNITENTIABV. tIBt and Falrmount avenue. Phi UaslPnU. i.,ivnla Sealed proposa It will bs Tf celvf at the ahove-named Institution unl I 12 o'clock noon. Friday. September M. Mil. iharjes, lit such times and In .such quiB J?etVon l.Br.,hVldof oWpVc 'Th. 'J; S" '"'"r'obert""; '"c'lTY. Ward..;. Under terms of-the SlnklriK ru,n0'M"g,p. proposals will bo rece ved until 8 "tfw L4bnodndVM'ffl jywsssisA rViEKsrNWVayANTFO N8v,,RAANNTVNorEsA;D Tend,r.7fc?sVn,k,n.BFiDrdhc:mbP.Vcoun.r Coal Co, rrr " I'AKTNKRHIIII'H -. NOTICE IS HEREBY GIVEN TII.W ' J" partnership h.retoforo "Istlnr h'l";j,1 riturles Liiner und Harry llrck, er 't rrs and contractors tradlnif as th lines Kiuer i Co.. his been dlssolvod ns of S 1021 uy muiu.. . l'JtXVEa. HARRY HECK. ,, tsmber 0 iir COWARD J, Attorn. MINOEY. Tj ,, ; '- 'W js&ik-... ,. rv.- ry tt K
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