lamp-sj?,
iZtflt.
m).
WVTAw ' it
UW
"V
'iif'-'V
EVENING PUBMO LEDEIl-PHIIlABELPHIA gATUBBAT, OOTOBEfr 1, 1021
,31-v-
' . . . nimrATinKin
L..tlVEi, l.-OATTLIfi-nccelptd. 500
Kr If11! wfrJ yearllngi gtreng te 230,
wKrerl "".(5S and choice medlum-weNM
.irinj -"f K?dBSah5l.rj choice j
'Self' 7r. te II lewer: canner. 10e te
ja heifer. ?,, 'mostly 1 l"v.r.
tjj, lower. Li d Act ve! fully
' VOOS-nwMW Art 'time: PM
6Kfcfi.b,tsai,ftJssb. fcBWBi
feSb-teU-recS
t,ct'h wick aVe. nil classe. about
PENNSYLVANIA
RAILROAD
Equipment Trust
Geld Certificate
Due Serially
1928 te 1935
'Philadelphia Plan'
Prices te Net
5.80
Biddle & Henry
104 SOUTH FIFTH ST.
OILS AND
METALS
FEATURE
CHANGE
Trade Dull and Professional.
Lehigh Valley Centinues
Gains Bends Steady
CTSTPATTON & CU.
,D 'bairs
t..Sna 8l?ck beuiht.nd. .Id
Members '""' "
i.wrnrn P.. Brawn & Ce.
-.Tt.mrr. DtlRI IP ACCOUNTANTS
' lUt RKAI. ESTATE TRVRT BLDQ.
iiJi,tliatend adjust corporation a4
STwlcVhlP iioeunu ted prepare Inoero
Hi Btturnt.
, Vh.1i IIIamV ITveli.nfrA
mm bandllnc active and peular Inveet
SSat iKurlttei, eftera real opportunity for
? e f mere bend salesmen establl.hed in
fStawln territery: Lancaster. Harrlsburg.
nuKIpertV Reading. Pett-vlll. Yerk.
tauth Jersey and Eastern Stere, Md.
geum -l"A'ue r.r.DOER OFFICK,
FINANCIAL
" 8INKINO FOND OF LYNCI1DURQ
8 YVATBH POWER COMPANY ,
Tin nl Estate Trust Company. Trustee.
Fnitt the mortgage of th Lynehburr Water
ewer Company, dated Ju'y 1. 1002, te e
ewe an Issue of I500.0OO. First Mortgage
1H tent Geld Bends, will receive offeraef
aid bends up te and Including- 3 P. SI. No Ne
Timbtr 1. 1911, at net ever par and Interest,
JSfflelent te abeerb the sum of I7.178.CO for
eeeeunt of Sinking Fund, due October 1.
llll the lowest offer of bende te be ao ae
etpted for delhery and payment en Nov
ember 3. en which date Interest en accepted
tends will cease. Addrese nil communica
tions te the RrM Estate Trust Company of
PkUifelphla, Trustee.
UNCHDimO WATBR TOWER COMTANT.
WALTER W. PERKINS. Secretary.
September 80. 1021.
IWKINO FUND OF nYNCHRUHO TRAC
TION AND LIGHT COMPANY
"Tin neal Estate Trust Company, Truetee,
ftlir the mortgage of the Lynchburg Trar
tlei a Light Company, dated .May 1, 1001,
5i secure an Issue of S1.O0O.O0O. First
ertrate S per cent Oe'd Bends, will re
cslre eners of said bends up te and Including;
I P. M.. November 1, 1021. at net ever par
snrt Interest sufficient te abeerb the eum of
111,144.43, the lowest offer of bends te be
senptrd for delivery and payment an
Nevfmtxr 2. en which date Interest en ac
cepted bends wilt cease. Address all com cem
ratmlcttlnns te the Ileal Estate Trust Com Cem
pair sf Fhlladelphla. Truetee.
Lr.NCHUL'RQ TRACTION AND LIGHT
COMPANY,
WALTER W. PERKINS. Secretary.
eepi.mper ;m. ihzi.
IfAIRMOUNT PARK TRANSPORTS
TION COMPANY FIRST MOIIT
OAJE 8 PER CENT SINKING
FUND GOLD IIONDS, DUE 1087.
The underslmed Invites tenders of the
fsbOTe bends 'or sale and delivery an of
Simb" ." ""li a Price net exceedlnB
K snd Interest, te absorb tin.fi00.74. a
rum new avsllnble In Sinking Fun-I.
St!d tenders, atntlnt numbrrn of bends
g""". ddrescd te OIRARD TRUST COM
CANTl, Trustee Rlnklns; Fund. Falrmeunt
I? ifaneportatlen Company First Sfort Sfert
CS riTf 'r Cent Slnlclna; Fund Oeld
kn m wi recelvrd until IS m Octo-
OIRARD TRUST COMPANY. Trustee
GEOItOE H HTUART 3.1, Treasurer.
PhjladelpMn. pa , September SO. 1021.
KTTsnunnu a k d wrstmere.
LAND COAI. COMPANY FIRST
MORTOAOn S PER CENT IIONDS,
DPE NOVKJIRER FIRST. 1028.
W.' K-1fr,1P'1 '"v""' tenders of the
JtmII.k.1 t .n,r. "lU "n'1 delUery as of
Em Vi.A lnt"", te absorb 180.000.24, a
Ll.Tt!fll"bl".ln. Slnklnir Fund. '
imJ .15 w"l "tutlnir numbera of bends
IreStM R?nfcfn,?'k,0..ai?rd Tru,t Company"
Serilia I rJiflrr.Fun'5' rUburKh and West
Per Cent Rnn,i.Cen!.I!,lfv Fi".X MertBaw Five
0BflZpTS" OMPANY. Trn.tee
n ' ?l " STl?AT ad. Treasurer.
Willadslphla. Pa . Snpiemher 20, 1021.
niilili.n,l. "
SUPERIOR STEEL CORPORATION
i. ,v September 2T, 1021.
et tt,. R"1"mectlnL" ,,f " "'rectors
cend Prefeer0 V WM ,W'lttr" " th.
1. 1M1 te ,,;;L 'Ck' Pn,ftMe -"WmliM"
I,',,"1' t0 tohederH of record Nei,ml..r
UCnilERT A. SMITH,
. ifwitient.
7ii,.u.. rn noun 1 1,
"CemZy Tru."ii t,1h" te Fidelity
dttsd April 1 1 inn ,nt Stcirnee t'eninYinv
the X et 2n"'.nemrir',BBB '", 'meet
ChV."1" " "aid TruM.. lt, "relied at
Jheitnut Street phii.J ? . . : N"'1- 3'-'0-a.ll
Th.,ri.f!b!f h. Vi-Tl0 Stlvi U.n,"1 Nt"
M0 mSu" VRAM ft CUV l i't,ri" Mills):
jrrvtr--riD"iil MeelliiM
iaife'lSiS
f ni in ";
1 '
in
11B --"ll,. IISiniu n
1 K.. .L"!1?!!!? ""icer. ..n,! ."'. " H.uih
r.l Itr. "' l'rPrly wmn iV.': "V." iiu-l
w -....., i,,. ,nie,
' JOSEPH K nr.nv
- ! .1r..
vr
"v''PMHtAClK ,-,
!: w:rM:
SS''pS!.-i
mw,i, phii...i: :.: " .'""-.
W.M v ' WF iriVU
llTlf'U ... e
Alh ii " !. "'IellV (IfVirv- -
rii'.""""!?! I iiirin. 'fi1"""'".""?' '"!
. ii Sf" p'rl wll e?h,V J "l" ' ""' b a.lS
New Yerk, Oct. 1. Apart from the
nctlvlty sIiewr by oils, metals and some
of the mils, teday'H stock market was
devoid of Interest. Mexican, California
nnd Atlantic Petreleums rose between
1 nnd 2 points with similar gains for
Anaconda, Utah, Clilne, Iluttc and Su
perior and American Smelting. Lehigh
valley again led the rails, rising ever
2 points.
Seme of the meters nnd their special
ties were taken at moderate gains, also
lialdwln, Hallway Steel Spring nnd
kindred Issues. In the main, however,
trading was dull and professional. The
closing was firm. Sales approximated
200,000 shares. The bend market was
steady en lighter tranpactlens.
Denllngs were smaller In volume than
en any preceding day of the week, and
numerous stocks were dormant during
the first flfteen minutes,
Quite n number of cventa attending
the operations of the financial markets
this week demonstrated conclusively the
pronounced change in the temper of the
market world. It is the censcnmis of all
the leading authorities that the worst
of the business nnd financial situa
tion has been seen. While there re
mained a few complex international
problems awaiting satisfactory solu
tion, it is admitted en all sides that
the sunlight of returning confidence has
broken through the gloom clouds which
for be leug hovered ever the financial
world. This remarkably quick change in
the tide of sentiment found direct re
flection In the nctiens of the security
mnrltets, measured both from a specula
tive and investment viewpoint.
The week's movements, it is true,
were marked by considerable Irregular
ity, and at intervals the mere active
speculative fnveritea showed avmntems
of going stale. Counterbalancing this
was tee unmistakable increasing resili
ency of the general list and growing re
cuperntlve strength. While it is recog
nized manipulative influences played an
important part in the recent elevation
of market values, yet, in all directions.
the face was quite plainly demonstrated
the line of least resistance was encoun
tered always en the forward swings.
Resistance which was displayed came
in for mere attention becnuse of the or
ganized opposition en the part of pre
fessienal operators, including, accord
ing te the current reports, several who
recently came Inte prominence by rea
son of their widely advertised shift from
tnc bear te tne constructive following
The tactics and maneuvers of this clC'
ment signally failed te mnke the same
impression they did several months age
because of their inability te dislodge any
considerable amount of long stock. This
also Indicated that many of the se-cnllcd
inside Interests, which for se long
maintained a passive attitude toward
the bearish rnlds, are apparently tak
ing advantage of every material backset
te add te their holdings. Suggesting a
transformation from a distributing te
an nccumulntlng market.
This docs net mean te imply the mar
ket fans become entirely immune te
bearish drives, or that active bearish
operations will be abandoned. On the
contrary, the very position of the mar
ket, uftcr Its substantial recovery from
the low level of mid-summer, in likely te
be productive of considerable irregular
ity. According te established prece
dents the curves will be toward making
new "tops," rather than establishing
new "bottoms." Unless some unfore
seen catastrephe occurs the already es
tablished .betterment in financial, com
mercial nnd industrial circles precludes
any further real bad breaks in security
values.
It would require altogether tee much
valuable space te recount the unmis
takable improvement In fundamental
conditions. The recent upturn in cot
ton proves te have been the signal for
the turning of the corner in all direc
tions, embrncing this week the long
depressed copper Industry, which at
the moment shows the first real rellable
signs of getting out of the doldrums.
The recovery has started in all direc
tions. It Is going te be slew work, for
such profound confusion attending dras
tic readjustments from the artificial
stimulation of the wnr boom is bound
te leave cenilictlng currents and eddlcu
which will take n long time te overcome.
INTEREST IN LEHIGH
VALLEY IS UNABATED
NEW YORK STOCK EXCHANGE TRANSACTIONS
Sslee
700
100
S00
1200
200
500
400
000
800
100
100
200
100
3100
300
200
3200
100
300
1(100
300
700
1000
100
300
1100
00
300
700 0
300
100
500
lSOO
ltOO
100
8100
700
300
300
ltOO
8.10
100
500
50O
4100
100
00
100
300
100
3000
400
300
800
300
100
300
100
3800
3S0
400
200
1000
800
100
1100
100
Dlv.
In Utah
Adams Express 80
.. AuVujice ltumely .... 13J4
Ajax Itubber 24
Alnska Juneau O M.. 1
4 Allied Chem ft Dye... W
Mllls-Cliftlmers Mii
r. Am Beet sugar Wi
Am can 27H
1 Am Car & Fdy 130y4
Am allele
8 Am Express 123J4
6 Am Ice 0yi
6 Am Ice Df 65
Am internal Cerp.... 3114
Am Ixxsometlve 80
Am Safety Itaxer H
Am Smelt MVi
8 Am Steel Foundries.. 28
8 Arn Snuff 10
Am Sugnr lief tt
' Am Sugar Itct pf 88J4
T Am Sumatra lV
0 Am Tel ft Tel 10R
0 Am Tobacco pf new.. 01
Am Waterworks 8
t Am Woolen 7W
Am Zlne Lead ft Smlt 10
. Am Zinc lycad ft S pf 31
Anaconda Copper .... 41
8 Ateh Tep ft Santa F. 86 W
8 Ateh Tep ft S F pf... 81
.. Atlantic Fruit 3H
Atl Gulf ft W I S S. .. 28V4
.. Atlantic Pet 1814
.. Atlanta Dlr & Atlantle 2)i
7 Baldwin Locomotive . 88
.. Baltimore A Ohie 3814
.. Bamsdale Class B... . 10
8 Bethlehem 8teel B.... SO
Brklyn Rapid Transit 7Ji
. . Brklyn R T ctfs of dep Y2
. . Brklyn Union Gas.... 80 hj
10 Burns Bres 108
.. Butte Copper ft Zlne. . 414
.. Butte ft Superior Cep. 18(4
.. Cadde Central O & R. 10J4
.. California Petroleum . SOU
3 Cat Zlne ft Lead 414
10 Canadian Paolfle ....11.14
.. Central leather 2914
.. Cerre-de-Pasco 3014
.. Chesapeake ft Ohie... SPJe
8 Chandler Meters 4314
.. CM Mil ft St P 28
.. Chi Mil & St P pf.... 40J4
5 Oil ft Northwcstern., 70
.. Chi Rift Poe 34
8 Chi R I ft Pae 6 pf. 67
.. Chlle Copper 12 H
. . Chlne Copper 20
. . Coca-Cela 30
8 Celum Qaa ft Elee. ... 80)4
.. Celum Graphopheno . 4 a,
.. Consolidated Textiles. 1714
.. Continental Can 44
5 Cern Products Itef . ... 78
7 Cern Product Ret pf,10K
Stock Continues te Climb in
Today's Short Session Le
high Navigation Up
Further nctive buying of T.ehlgh
Valle.v. presumably in anticipation of
its forthcoming segregation plnn. was
the feature of today's short selen en
the local exchange. The price was
carried up tn fift. compared with a
close lnit night at fiftty. Tills move
ment attracted attention te Tehlgh
Navigation nnd that ismie nlne mnde
n substantial advance. The activity In
the latter mev have been Induced bv a
report In a New Yerk pnper that T.o T.e
lilcli Nnvlcntien Interests are consider
Inc Ht'sregntlen, although the better
opinion is npainst any such belief.
Other local stocks were quiet. Ameri
can Stores sacrificed n pert of its re
cent gnini, Cambria Iren was tin
chanced nnd n slight fractional gain
wns liindc by Philadelphia nieetric pre
ferred Scvcrnl leti of stocks were "bought
under the rule."
Included in these were T.ake Superior,
Pennnvlvnnin, Tonopah Ilcltnent. Tono Teno Tone
pub Mining, Yerk Hallways, Pennsyl
vania general fin. Bethlehem Steel 5s
and some of the Liberties.
The prolonged stagnation of the local
market wn broken this week by the re
markable ferwnril movement in the
American Stores Company Minres. which
came In for mere attention, an nil mys
tery movements de, because of t lie lach
of definite
motive behind tlie urgent liuylng de
mnnd Net only were high records es
tablished, but. in the case of the com
mon stock, represented nit ndvnnee of
approximately forty points from the low
level of the year.
Mere fdrnifioent nnd of mere far
reucliing Importance was the breadcnlnn
activity in the bend dealings. While
this nnnlled te prncticnlly nil dulses of
ImmU. the revival was mere proiieiinceil Dee
as regard the se-called (Jevernuient is- luJl)rn;
sues, and mere especially the Liberty nc
Bends and Victory Notes. The re- M(rMs
awakening of the investment demand n,-c . . . .
web ensily explainable In the growing 5iy
ensement of money market conditions Jl , ,
and general recognition of the lewcrliiK ' i.'rd
of the Income tetiirn. The broadening ?fn "
of the bend market fulfilled the pre- nibs '
dictions et tin' iniiniigerM et tlie lending '"'
investment houses that the full and J '
Crucible 8t(l
Cuban Am Sugar
Cuban Cane Suarar. . .
Cuban Cane Sugar pf.
Davisen Chemical . . .
Data. Lack ft West..
Deme Mines
Emersen-Brantlne ...
Endlcott-Jehnson ....
Erie ............
Erie 1st pf
Famous PLayers L....
Famous Playera L pf.
5000 2. 80 Cosden ft Ce.
900
400
3100
1200
1100
1300
100
200
100
108
361
3400
100
100
100
1100
100
100
1000
400
2800
100
200
300
100
200
100
300
840
300
300
30
410
100
1000
3)0
3000
100
400
100
1700
400
3000
100
300
800
1300
100
200
304)
8100
2400
Total
04
13
J4
17
4014
108K
10
4
84
"14
ltt
84
70
4 Federal Mln ft Smlt pf 22
8 Fisher Bedy of O pf. 0214
.. Flak Rubber 13
.. Frecpert Texas 1314
3 Gen Am Tank Car. ... 41 J4
.. General Asphalt 88H
8 General Electric 12414
1 General Meters 10 14
8 Gen Meters deb 0.. 8814
0 Gen Meters deb 7.. 75
.. Goedrich B F 32 ft
7 Goedrich B F pf 70
.. Granby Consel M & M 2014
. . O ray Davis 13H
7 Great Northern pf.... 7514
.. Greene Cananea Cep. 34H
.. Gulf State Steel 30ft
4 Hrujkell ft Barker Car 88
.. Hemcstake Mining . . . 87(4
.. Housten Oil 88(4
1 Hupp Motorcar 11
80 Indlahema Refining .. 314
.00 Indian Refining 714
. . Inspiration Cen Cep. . 37
.. Interb Cen Cerp 1ft
.. Intoreoro Cens pf.... 514
.. Int Agrlcul Cerp pf . . 38
7 Int Harvester new. ... 77
.. Int Mer Marine 1014
.. International Nickel.. 1414
8 Internat Nickel pf.... 80
.. International Paper .. 40J
.. Invincible Oil Cerp... 1014
.. Island OH 21
.. Jewel Tea 10 H
.. Jewel Tea pf 38ft
. . Kansas City Southern 20
4 Kelly-Sprlngfleld Tire. 43
.. Kenneoett Copper .... 23H
ales, 2S0.7OO shares, compared
Lew
48
1314
2314
r.
45H
83 W
37
37 V4
13814
8
12314
80 H
88
33 JJ
80
414
37M
38
105
50 V
H814
40H
107J4
01
SX
7514
J4
30
40
8814
80M
3H
2814
15
2H
BOM
3814
18
55
7
414
80J4
107
4f4
uy,
10J4
3814
414
1I3M
2914
28
80)4
43 J4
3114
40
70
33H
0794
UK
34
35
00
414
17
44
78n
108M
37 H
83 tt
13H
8
1814
40
108
IS
4
04 M
13 yi
10
58
79
32
82 H
13
13H
41
52
12SH
10
8814
75
33
74
30
18
78
33
33 Mi
58
5714
66 yi
11
2
714
35
1
6
38
78
10
1314
80
0
9
2
1014
39
25
42
20
Today's Net
Clese Chre.
60 1
1814
24
1
414
33
3714
37
120-
9 -
Y
it
H
14
14
14
14
123 1
8014-
C5
34)4
4
30
25
105
80
85 -4114
108
91
6
75
lHa
30
41V4 K
88
81
3
3814
10
2
87
3814
10
50
7
4V4
8
107 M-
15
4
113
38)4
80
68
4314
30
40
70
34
30
114
44 -78
108
37
84
ia
c-
18 -
40
108
18
4
4 ..
13-
18
55
79
33 1
03
5
75
32
70-3
30 1
13
75 -34
11 -
3
7
30
U4
5
39
77
10
14
80
49
10
2 -10)4-38
-28
48
1
14
14
3
w
1
3
14
14
3
1H
l
14
2
114
14
1)4
"y
i
"
H
14
1
'A
l
l
"h
"
14
M
14
V
3
"
1
"h
H
'i
14
Vk
l
"
1
14
1
Dlv.
Sale In I
100 a Kresge S S
100 ,, Lackawanna Steel ...
600 3 Lfi. rtllhhr Tire,
23 1
380
100
200
13800
1000
1400
100
100
200
300
100
100
300
300
3800
408
100
1000
300
100
BOO
3M
3300
6000
1700
330
300
2190
1700
300
009
80S
800
600
100
100
3800
1100
800
100
400
100
100
300
100
18S0
3500
200
300
300
1600 5
1100
308
300
300
400
4400
800
340
9300
180
1400
100
600
100
3100
109
190
100
600
7000
18700
300
800
10000
100
100
400
300
300
100
100
400
100
100
3100
300
300
4(00
300
400
3700
300
3800
200
100
200
800
100
200
100
300
100
1400
100
800
200
SO
400
300
100
ItlKh
157
41
26
8914
LeeiWA rn 18
Left Candy 8
Lerlllard Tobacco . . . . ' r
Louisville ft Nashrtllel88
32J0O a. se Lehigh Valley
MWV
100
100
100
12
0
3
40
18
14
1
78
4
13
73
81
14
33
38
38
38
78
3
4
28
68
38
40
48
37
10
1
30
30
84
7
30
14
37
35
84
14
72
44
44
7 Manhattan Elev eruar. 41
.. Marlln Oil 18
8 May Dept Stores 83
It Mexican Petroleum ..100
2 Miami Cenner 33
1.80 Middle States Cerp..
. Minn & St Leuis
. Me ICan A Texas pf .
.. Missouri Pacific pf.
. Montgomery Ward . .
. . National Acme
. . National Cen A Cable
4 National Lead
. . Nat 11 R of Mcx 2d pf
. Nev Cen Cepper
6 New Yerk Central....
5 New Yerk Deck pf . . .
.. New Yerk N H II..
9 NY OntftWeit Rd..
7 Norfolk A Western . . .
B North American ctfs..
8 North Am ctf pf. ...
7 Northern Pacific
.. Okla Pred ft Ref
.. Ontario Stiver Mining
3 Owens Bottling
.. Pacific Gan A Elee..
.. Paclfle Oil
8 Pnn-Amer Petrel ....
8 Pnn-Amer B
3 Pennsylvania R R...
.. Penn Seaboard Steel.
. . Peeples Gas Chicago
. . Pere Marquette
8 Philadelphia Ce ....
.. Phillies. Jenes
.. ThllllDs Pet 26
.. Plerce-Arrew Moter.. 11
.. Plerce-Arrew Met pf . . 35
. . Pierce Oil
. . Pitts A West Vs.
. . Pend Creek Ceal . . . .
. . Punta Alegrs Surar. .
t Pure Oil
8 Railway Steel Spring.
.. Ray Cen Copper
4 Readlng
2 Reading 1st pf
2 Readlnar 2d of
.. Republic Iren A Steal. 83
30 Royal Dutch Amer... 46
.. St Leuis San Fran... 34
.. St Leuis San Fran pf. 86
. . St Leuis A S W R R. . 28
.. St Leuis Southwest pf 83
.. 8ears-Reebuek 88
.. Seneca Ced Cerp 30
.. Shattuck ArUena Cerp 7
.74 Shell Transport 34
.. Sinclair Oil 30
.. Southern Rail 30
Southern Pacific 80
Standard Oil of CsJ. . . 75
Standard Oil of N J PI107
Steel Tube pf 67
Studebaker 74
Submarine Beat Cerp 3
.. Superior Oil Cerp 8
8 Superior Steel 1st pf.. 36
. . Tenn Cep A Chem. . . . 8
8 Texas Ce 37
1 Texas A Pae C A O.. 23
. . Third Avenue 15
8 Tobacco Products ... 65
.. Transcen Oil 8
4 Transue Win Steel... 85
8 Union Bag A Paper 68
.. Union Oil 17
10 Union Paclfle 1'3
4 Union Pacific pf 66
8 United Drug 66
0 United Fruit 108
8 United Retail Stores.. 62
3 U S C I P A Fdy pf... 48
. . United Rwy Invest pf 1
..US Feed Products... 18
4 U S Ind Alcohol 47
..US Realty A Imp. ... 81
..Us Rubber 50
8 V S Rubber 1st vt. ... 88
..US Smelt A Ret 34
5 U S Steel 80
7 U S Steel pf 110
2 Utah Copper 63
. . Vanadium Cerp 31
.. Va-Car Chemical pf . . 76
8 Va Iren Ceal A Coke. 76
.. Wabash pf A 20
. . West Maryland 2d pf . 17
.. Western Pacific 22
O Western Pacific pf.... 63
7 Western Union Tel... 83
7 Westlnghouse A Brake 86
.. White Oil Cerp 8
. . Wick Spenc Steel Cerp 14
.. Willys-Overland 6
.. Willys-Overland pf .. 36
7 Wilsen ft Ce pf 81
a Woolworth F W 114
4 Worthlngten Pump... ej,
8 Werth Pump pf B.... 60
Lew
187
41
30
67
13
0
147
168
40
18
83
68
31
11
9
3
49
18
14
1
75
4
13
73
61
14
33
66
38
36
77
3
4
38
67
37
46
43
37
16
61
30
80
64
34
11
34
7
36
14
37
35
84
13
73
44
43
53
46
38
80
38)4
83
B
114
6
33
18
30
"J4
18
107
67
73
3
8
16
8
36
20
16
05
8
34
60
17
133
64
86
106
51
43
18
13
46
61
46
88
33
79
110
51
31
76
76
30
17
23
63
82
86
I."
6
36
81
113
40
60
Today's Hst
Cle.e Cha-
167
41 36
69 5
13 -9
..
147
106
41 ,
18 '
83 - 1
100
33
12
0
3
7
4
12
72
81 -'
14 .
23 .
86
39 .
86 .
78
3
4
3814-
'37
40
43
37 .
10
30
7
3
84
14
73 .
44
44
62 .
46)4
23
-30
714
a-
30
30 .
86
'
107 .
67
4
3 .
6
C6
37
33
13 -8
8
36 -60
"H
13
66
6 .
100
A2 48
1 .
13
47
81
80
OS
34
80
118
83
31
76
75
30
17
86 -8
14 -8
28
31
114
40
69
NEW YORK BOND SALES
(BALES IN 11000)
Am'n Ate &
Ch 7Ma
"IT
89
i ei'
8'A
84
83 Tt,
88 ft
H
l
l
i
i
'v
'h
'l4
3
14
3
14
1
14
'
14
y
i
i'
14
H
1
-
with 446, 10-J shares yesterday. Thus far this week. 3.B82.80O shares.
Philadelphia Markets
WHEAT Receipts. 71.717 bUBh. Market
further deellned 3c, Car lets, in expert oio eio oie
valor Ne. 2 rnd winter. 41.22W1.27: Ne 2
red winter, carllcky, il.lSVl.ln. Other
5rarte8 quoted at the following schedule of
Isceunu: Mixed wheat 0c under red win
ter, Ne, 3 wheat 3c under Ne. 2; Ne. 4
whaat 7c under Ne. 2. Ne, 5 wh-at lie
under Ne. 2. Sample according te quality
CORN Receipts, 13,7.10 bush. Market quiet
at lute decline. Car lets In expert elevator
Ne. 2. 80 00c: Ne. 3. ri0Qe7c. Car lets for
local trade Ne. 2 sellew, ()70flBc.
OATS Recelpta. 3003 bush Market hc
Inwer Car lets. a te location Ne. 2 white,
4tSte4.'Wc; Ne. 3 white, 4Sf48Wc.
FLOUR Receipts, 400 bble. and 1.00s..
625 lbs. In Backs Dull nnd weufc te
sell, Quotatleru: Per 100 lbs., packed In
140-lb. lute sacks Sert winter, straight.
Western. J8.S!U0.d0; de. de. nearby. 1,1. bO
te, hard winter, etralght. 17 W 7. 30; de,
short patent. I7.B04J8: eprlnK first clear
It). KlWO.SS: de. patent. 17.008.35; de. short
patent. IX.GOirU; fancy aprlnc and city
inllU patent, family brands, 10,73 W 10.. "iU
Rye (lour. 17. 1017. 30.
PROVISIONS were eteadllv held. The
quotation.: lleef. In sets, smoked and air
dried, 62c: beef, knuckles and tendsrs,
smoked and alr-drled. 63c: perk, family, J45:
hams, 8. P. cured, loose. ia23c: de.
eklnned, loose, 2402Rc; de. de, eineked, 20
130' hams, boiled, boneless, 48c: picnic shoul
ders, S. P. cured, loeso. 15c: de. smukee
lOe, bellies, In pickle, loose, 17c; brea;fat
bscen 24c: lard. 18c
EOQ8 Fine eg scarce and. ftrm. Quo Que Quo
tateons: Nearby, extra firsts, IRWc: rlrsta.
47Hc. Western, extra nrste. JhtrMS'ie, nrslt.
4G4M7C seconds. 3(Hf 10c, Inferior lets lewer:
lehblnit sales of fnncv candled fresh exis,
(lOatllc fair te choice. BlOSflc ,
ClinESi; Quiet but stc.idy. New Turk,
whole milk, Male fancy, fieKh, 22e22ic:
de. fair te Beed fresn. 20021c; Loneherns,
fresh, ilhitt'fi'ic; slnple Daisies, rresh,
2HW21Wc: Jobbing sales et fancy goods,
24W28C. . . .
LIVE POULTR7 Fowls net Leghorns,
fancy, fat. yallew-sklnned. weighing R lbs.
apiece and ever, 30fl82c; medium, 2S28c:
Inferior, 1822c. wh'te Leghorn fowls. 18
22c. spring chickens, fanty elewsklnned
I'll mouth lteckH, per lb , 2HW2)e. medium,
quiillty, 28Jlc; Inferior. 20W22c. aprliir
chlckena. I.ghernn. geed quality. 21022c,
de. de, Inferior. 18020c, old rooster,. ie
lHc. ducks white. I'ekln. 224 24e: mixed
colors 18020c: nlgeens, per pair, old, 33
40f. OUPK. 2rut80c
Dr'khhEd Pr-i'LTIU Fowls, fresh
killed, dry-picked, in boxes, weighing B lbs.
allied1, OlC, un WriKIIIIIK 1 .WO .,", :, MW,
welghlnK 84 lb? 2327c: de. weighing 3
I lbs 211122c. Fowls, freh-kllled In bbls.,
dry-racked. 3ilc, de. welghlns 414KJ lbs.
I apiece. Ice-parked 3:.c de, weighing .'1H lbs,.
1 23ff2i.c. de wclKhiiiK .4 lb", and under. 20W
.. -..au.intr nhlrWi.Tis. Western, welchlnff
information concerning the , iVa 'nT4 lbs. npl.it... 32t 34c. broiling chick-
.ens, western wvikuh'k i-t - ."" .'i-. "
1301132c. frlng chicken. Western, weighing
2Mi3 lbs apiece 2.1T27e. reacting chick
ens. nearby, welghlim IIHCI lbs apiece. 32
33c broiling chickens nenrliy. weighing
mm 2 lbs. aplec... 31 (if :i4c; frying chickens
nearby weighing 2 H W.a ids. apiece, 27 w
I 28c, old roeMers, ilrv-plekea, western
I de. de, Southern. lOWJOc. ducklings.
28c.
21c.
27
GRAIN MARKET
Wheat
i.in;
1 25
40H
Ml.
3il'i
411).
0..10
0,(13
III h
1.20'i
1.2,Vi
411
M'i
3il
40
(l 0'i
P. 10
I nw
1.17
1.22
10
mil
3.;
te
0.30
II 02
winter would witness one of the Inrcpkt
mid most exciting bend markets In the
history of the Street.
BAR SILVER
Demestic bar silver wan unchanged In New
v(.r'. tndn nt II0U e jwr Him mini e i ir I n
7e1ic. an advance jf He. In Lendcn the
price waa Hd higher t 42Hd.
0
Cle.e
1.17'i
1.2214
IbH,
r.4'i
30
40
0.02
U.lll
0.75
7.S2
COTTON MARKET
I'rev.
Clliie
Opi-n
High Lew Clese
Oct 20.H0 20 h01i0 20 70 20 4 H 2JMnHn
OI rnll 11,1 IM uu nu m. . w.. ,i in,
Tun 2'l ill 20 711 20 71 20 32 20.3.1 37
Mr 20 3(1 20 83 "1113 20 02 20.02110.1
vi
My 10 71 1H.K3
Jly 111 20 IP 33
Spot 31.10.
111 8.1 111 .10 111 riOfffB'J
10.37 lb. U0 lb.U3iIlU.C5
NEW YORK BANK STATEMENT
Actual Qhews Deflelt of $10,898,230
In Legal Reserve Deposits Higher
New Yerk, Oct. 1. The actual con
dition of the clearing house banks nnd
trust companies ler the week shows a
deficit of $10,8118,230 in legal reserve,
representing a decrease of $13,557,100
from last week. Leans were increased
by $55,081,000, as were also net do de
tunnel deposits, $'14,801,000, nnd net
time deposits, 5052,000. Aggregate re
serve wns decreased by 50,328,000.
Comparisons follew:
AVERAGE
Last week
This week
11.202,420
18,580,840
4oa.ise.ooo 400.040 non
4.428.735.000 4.405,014.000
71,600.000 70.001,000
470,818,000 481,808,000
Kxcesg reserve..
Aggregate r e
sere
Ixians. etc.
Cash tn vaulti
a n d member
Innks
Ib-serve In mem
ber banks and
reserve banks,.
Reserve In Stat
banks and trust
companies ....
Reserve In State
banks and trust
company depos
itories Net demand de
posits 3,042.308.000 3,031,080,000
Time deposits .. 217.10.O00 210,42.1.000
w ircuianen ..... 82,001.000
I, H deposits
deducted ...... 220,771,000
ACTUAL
Exeess res. deficit 10,108,280
Aggregate rss. , 474,070.000
Leans, etc. ... 4.400,884,000
lain in vault
00,020,000
8,882,000
8.484.000
6,800,000
8,600,000
82. 392. 000
228.081,000
33,088,030
611.720.000
4.411.738,000
70,004,030
45S.703.OOO 483.080,000
and mem. bank
T.esnrvfi in mem
ber bank and
reserve bank ,
Reserve in State
banks nnd trust
companies ....
Reserve In State
bunks and trust
company deposi
tories M,t demand de
posits 8.004,044.01)0 3,810,843,000
Time depeslti . 217,004,0011 217.262,000
Circulation .... 82,431,000 32.abO.O0U
IT. S. deposit
deducted 210,191.000 222.510.000
8.840.000
8.487.000
8,820,000
8. 064,000
FOREIGN EXCHANGE
New Yerk. Oct. 1. The foreign ex
change market opened today with n
steady tone. ' The exception was a de
cline of -IVi points from yesterday's
final price In marks.
The market was steady today end
unchanged from the lower range estab
lished nt the close yesterday with the
premium en New Yerk funds 10 per
cent. The discount en Canadian funds
In New Yerk was slightly higher at
0 3-32 per cent.
TODATB OPENINO QUOTATIONS
Sterling Francs Lire Guilder.
Demand .. . J.71J4 7.12 3 07H 81 8H
"a 7.11 i nift.
M V ,
Cables
Demand
Cnbles ,
8.71
. . 3.781; 7.13 3 08
CLOSINrt QUOTATIONS
Steillng France Lire Oullders
. .. . 3 72', 7.07V4 3.08 31.80
3 7.1 7.08 8.111 ,11 III!
NEW YORK COFFEE MARKET
Yest.
Open High Lew Clese clee
Oct 7.81 7,06 7 70
Nev 7 72 7 7rt
Die 7 R3 8,1 7. HI 7 80 7 S04J81 7 K4
Jan T Rt 7 80
Feb 7.R2 7.HS
March 7.85O05 7 01 7 8.1 7.83983 7 nil
April.... .. ,'IM 7 01
May 7O7H0U708 78O 7.K8O00 7 11,1
'one .... .... 7,0t 7 uu
July 8 04001 8 OS 7.05 7 (I5f07 8 04
August '7.03 8,04
tiept., , .... 7.UT ....
Nominal.
Philadelphia Stocks
4
3. .,
Am i'
. . . .
1
8
4
Amn T A T 8s
8 88
1 88
1 01 W
Amn T A .'1 us
2.... I"2li
3.... 102 U
A d A n'g 5s
1 791,
1 79 V.
3 U
Armour 4W
1 82U
A T A 8 Fa 4s
1 78i
4 7814
0 7614
7 78
8 78
Ateh T A S F
ev 4
1 72H
Ateh TASK
ev 4 '00
1... . 87
A C Lin 4H
3 78
A Coast L, 7s
1.... IM4
Atl'e Fruit 7s
1 2(1
1 2.1 'A
4 25
Atlantic Rf'
et Hs
Heal.) 1Q2K
tlas 1'wd'r C
7H wl
2 0014
1 0014
1 091,
Halt A Ohie ev
2 70'A
2 701i
3 70
t)att A O 8Uj
3 8814'
Rait A Ohie 4r
1 70V
liatt A Ohie ft
1 73H
3 7314
l'elt A Ohie .10
2 0314
4 861,
R A.O P I. K
A W Va 4
2 (1714
5 88
II A O Tel 4
I BOH
Dell Telephone
of Pa 7
2.... 1081,
1.... I00V
3.... I0S4
l.... lean
Ileth Steel fd
4 83S
4 8314
n Steel 3s '30
1 791
8 7014
Ddn Cep M 6s
30 80
3 871
Dkn Edl Ce 8s
2 84
Dkn Edl Ce 81
3 4
Dkn Edl D 7s
1.... 102S
1 102i
Dkn R T ct 8
6 80
2 2&V,
D Rap T et 7
1. ... B8Vi
2 88W
Dush Uldg 5s
2 7714
3 77
2 77H
1 7741
3 7BS
Rush Ter' i is
4 76
Rush Ter'l 6r
2 78H
Canad'n Nthn
614 ret
P.... 101
8.... 101
4.... 1011,
0.... 1011a
1.... 101
Canad'n N 7
1.... 103.
1 1034
8.... 10314
1.... 10314
Cen'l of Oa en
1 804
C of Oa ev 5s
1 84
Ctl Leather 8s
8 90
CH Taeine 1st
75H
4 70
1 75i
0 78
Cnt'l 1'uc 3 4s
1 S3
Cere de Pasco
Cep'r 8
1.... 102
City of Copen
hagen 84
3 804
City Mars'
10 844
CNIk 44'
3 93
C N T 414 '04
1 67
City Zureh 6s
1.... 114
JIM Cln Chi A
fit L gm 4s
3 00',,
:enM Uas 7
1024
2....
1....
3....
2....
30.,..
i0...,
Cuban
1....
1. ..
!ubn
4...,
7...,
10...,
1....
1.
102
10214
11124
102H
1024
1024
L S 8s
064
084
: e ev
. 644
, S3
, 83
834
run
4 82li
Int I Paper &
1 M
4 83
Jap Gev't 24
5 88
7 884
Inn fleve't te
8 704
Kan C A 3
1 SB".
K C T Kir 4
1 78-.
1 784
2 73i
2 74
Xelly flprlns'd
Tire 8
1 0(1
1 9B4
8 00
IC Uelalum de
1
IC Uelg'm 7 4
1.... 163
6.... 102
3.... 1024
ft.... 102
K. Ilslg'm ret.
Cuba It Ce B
6 864
Denmark Cen
et A
1.... 1024
8.... 102
Denmark Cen
et D 8
1.... 1024
Den A R U fd
4 44H
Den A R O 6,
2 70
3 70
Det Edl 8 '40
1 84H
Det Edl Ce Is
2 014
3 01
Det V R 4 4s
1 881.
D Match 74s
1 ... 104
' 'nnsdt
8 6414
J ...
7 014
8 044
D Canada '31
8 03
1 024
D d Nemours
Pwd'r 7 4"
1..
8..
16..
8..
8..
8..
101
101
101
1014
101
1014
Kingdom Den-
Mark ct 6
I.... 108H
2.... 10BVI
Kingdom Ner
way et 6
3.... 108
3 107
I.... 10814
1.... 1004
tf Sweden (1
2 89W
Lake Shere M
8 4 '31
1 834
Lehigh Val 4s
2 71S
LeMlgh Val 0s
2 90S
lid It Bs M(
1 68
erlllard C 7
1.... ICrt
. A Nah 4
8 834
10 83
5 83
Mkt St Ry 1st
8...., 664
n 064
Ft I, A S Fran
aj ext Int
A 0
1,
8..
St L
2....
1....
1....
B....
1....
10....
8....
3....
1....
B....
2....
5....
1....
1 ...
1....
n . . . .
1....
St L t 11 Fran
In ext Int
1 514
31 814
8 BIS
10 S14
2 81 H
Bt L A S Fran
Serle A
B6H
664
F In
834
81 S
81
B1H
811.
Bl
fli ;
BIS
814
61V.
Bt
81
81
80 4
51 Ii
81
81
834
684
fl4
03
884
034
82V
8.
2.
3.
1.
2.
1.
1
Duq Light 6b
4 98
Hdl III of II 4,
1 784
Jrle Oenl Lten
0UH
094
99 4
VI) .,
004
09 4
110 4
434
43
43
434
43
484
.rte It It ev A
1 89 Vi
Kris It R cv )i
3 .... 84
"isk Rub'r Ce
8s ret
1...
I...
7 . . .
1 ..
0...
0..
3..
8..
6..
1..
7..
3..
11..
2..
1..
1..
7..
3..
00
09
00
30
00
09
I'ft
90
00 4
09 4
90
00
Goodyear lire
A Rub 8s
1...
2...
8...
2...
2...
88...
II OH
3
.. 78
.. 78
.. 18
.. 78
.. 77
.. 784
war s
.. 92
Lew
73
100
35 Vi
Clese chge.
73
100 1VJ
3BVS..
25 25
108 1084-
oft
57i
37 Vi
0Si..
J
08 3
5R-y,2t4 I
37'..- , I
08 03
.a. . lnh
144 Am 8trs. 74
01 de nref.101
10 Cam Iren 35Vj
aerchi M &
Ht 1... 25"f
zu ai Ster.,103
25 Fkd ft 8
Pass Hy.203Vi 208,
levji.aice Hup 7
825 Leh Nav 08
524 Leh Val. (3D
522tPa It It.. 37
10 Phla City
Pass Ry 08
10 Phlla Ins
Wire... nm
I'niiaKicc
107
600 PhllaTrae 53
25 Sec & 3d
Paw n.163
2O0JTone lie U
lOtTone Mln IA
10 13th &
15th PR: 15
11 U O I... 33
100 West Jer
& H... 31.
10t Yerk lty.
1 Ueught under rule
uTih !"" W0. n''". compared with
8efAT",:hrSWVl"'U'- ThU' Ur ,hl" ""
ew, . I'liruveKUiiiA de.vds
20000 Liberty 2d 4Vs '42 00.52
1001 Libert v 3d 4? "J r.'
c... iiuyj OtlVi
EIcc 22T Ma?
de pref.. 20 20 U
53
103
1
1ft
151
33
31
0
60M
221
20i
fj,'i
103 ..
Ift-f-
151 ..
33 ..
31Va ',
9 1
. lie
. loes
. 109 s
. 1004
. 109T,
. 110
. 1104
. 1104
. 110V,
. 100
Ohm 1"
. . 034
Ok A O cv 5s
2.. .. 8.1',
2 834
"ht Alt 34s
4 .174
1 374
1 374
Chi R A Q gm
1..
3..
3..
2..
1..
0..
2..
3..
3. .
8..
C'k ,
8..
ft
. .
C II
8..
1..
3..
2 .
8..
1..
1..
1 .
3..
Chi t
2
thl
SflSOJ Liberty 4th 4'iS'.T(".le't8 00 80
'"""' luiury I'fts i
lOOOtDethlehcm Htcel 5s
5000 Lehigh Nnv cons 4
3000 Lehigh Valley general 4s..
2000 Ivehlgh Valley general 4s..
lOOOtPennnylvnnla general 5s. .
1000 Pennsylvania 04s
1)300 Phlla Klec 1st 5s lets
3000 West N Y & Pa 1st 5s..
Slleught under rule.
00.42
80
87
72;
72
88-V
102
87
87;
Total, 178,200 cempAre.1 with II1A.7S0
yesterday. Thus far this week, 1837.200,
Financial Briefs
..T.he VL'" .Dr!fe of "nty aatlr Indue
trial stock decllntd O.l I per cent re.
erday te 71.08 while taenty railroad! wer,
0.H7 per cent higher, at 74.17.
Fer the Tear entle.1 Jim. ,rt Tn..--..
Agricultural Corporation reports deficit after
.e V.T, ?i Thl. compares with surplu of
earne.1 un the 113,088,600
In the preleu jear.
ah.. a
preferred stock
The Punta Alegre Sugar Cemptny
legre sura. l-..mn.nw i ..
annual report for the year ended iia, it
shows a defle t rr ,5 si. ie.i ..,.'.?:
tn. . .ii ....... .:-"'":wi, -'"' .urgr n.
.... iui ., .Atjiia,,,
en Imenlurr.
deoreclatlen and losses
Transaction In
Stock Exchange for
tocks en the New Tork
k.- I .. :-"-."r ........ , fivuf.rn
.iirrs.ini iz ruie.rxM snares, an tn.
crease of 1.800,047 shares as rempired w "h
ihr previous month, but a decrease of 2.810.
133 shares, a compared with the same
month last vesr. ame
.kK"C"!t wlv',. 'nenths ended August 31.
the North American Company' statement
shows a balance of 10,021 108 avallab'rf?;
lHI'.tSSlVAen. and dl Mends, as compared with
'...4 448 in the previous year, a gain nt
l?cr.,cent. .After deducting the annual
dividends of 13 a share en the preferred
luck thij balance for the common deck and
an the oemtnon,
. 79
Q 4
1034
10.14
1034
103 ',
... 1034
. .. 103 4
. .. 1034
. .. in.V,
... 1034
A O W 44
. .. S3
Ml A l'gt
Sound 4s
1 034
Chlrace Mil A
StP cv 44
1 814
2 H3H
Chlrace Mil
RIP fd 44.
1 88
Chicago Mil A
StP gm 4 4s
3 . . . 7'. 4
Cnlcage Mil &
St cv 0s
.1 844
1 14 1,
fl 84 4
Chi A Nwn 7s
1 ... 104 4
C R I A 1' fd
2 70
1 70
1 70
Chicago Union
fit ct 04s
I.... 1074
Chile Cep"r 0s
1....
1....
8....
3....
10....
1....
0TV't
104
104
104
104
104
103
French
R 74( ret
10..
14..
1..
B..
9..
2..
8..
11..
1
3
1
1....,
2
1
0
1
10..
1...
3 ..
0 ..
10...
48...
3...
3...
10...
2...
8
04 4
04 4
04 4
044
94 4
04 4
94 4
94 4
044
94 4
04 4
944
044
944
04 4
044
944
94
03
03',
04
114 4
04
034
03
08
04
0.14
03
93 4
Mex Petr'm 8
6 96
Mid 8 A Or 8s
3 '.
3 764
M A StL en 8
2 7.1
10 78
1 78
Vi 811' A S rite
M 84 wl
1 0 4
28 804
M K A T 2nd
1 4(1
Me K A T 4s
04 4
64 4
04 4
84 4
04
Me Paclfle 4s
1 B6 4
6 884
1 80
8 60
2 804
1 884
Me Pac Bs '68
1 80
N Paclfle 4(
8 77
Menfa Pwr 8,
5 87
25 8T
25 87
1 874
N T Ct'l 34'
1 074
N T Cenfl 4s
: M4
N Tk Centl 6(
4
6.
4.
10.
15..
3....
1....
1....
1....
1....
1....
1....
Et L A B Fran
Series II
1 73
2 "3
2 73
1 784
Ft L Bown en
1 034
Sae Paule e'
Rraill ct 8a
3
3
1
1
Seab'd J
1
1
fieab'd J
4
Sinclair
074
914
87
OT
. L a
264
25
. L 8s
47
C Oil
Cerp 74
1
1
1.!...
1
1
0
2
h-n Dell
1
1
03 4
08
0.14
93 4
934
034
03
T 5s
88
63
h'n Paclfle fd
1 774
nVn Pac ev 4s
S 834
1 884
1 H34
fl'n Pacific 5s
2..... 02
1 024
Sn Railway 4s
1 84
2 604
tand'd Oil ill
Calif Rs
1.... 1044
2.... 1014
1.... 1044
llwii'd Cen hi
1.... 107
1.... H7 4
2.... 107
Third Ave
10 38
Third A 4
2 54
Tidewater Oil
Ce ct 64
1 974
Teledo flt I. A
West'n 4
10 484
Union re ev
6 H6H
Union Pac f.l
2 774
8 77
Union Pac 4s
1 814
1 62
1 824
Union Pae 8
.. 1004
V Tank C 7
8 ... 1024
V K Ort IJrit
A I'd 1921
1.... 99.1
U K art llrlt
A I'd 1022
1 961
r K Ort Urlt
A IM 1929
1 01
3 .. . Ot
1 90
V K Ort ilrli
A 'd 1037
0 90
1 ... 90
1 00
6 tfO
I . . ('"'
14 90
U fl Rraxll 8
... 004
... U9
... il94
... 90
... 09
... 0(1
... 90S
... 004
... 90
Mexee 4a
... 404
... 404
IT B Mextc) Si
10 844
1 88
4 8.1
3 884
U S Rubb'r 6
1.
1.
1.
1.
1.
1.
8.
3.
1.
U 8
1.
9.
2.
8.
4.
U S
1.
2.
1.
B
804
... 804
... H 4
Rub 74(
.. 101
.. 101
.. inm
.. 1014
U H Smlt M
Iters 6s
0 024
B 024
1 021.
1 024
U'd B Steel 6
2 08
1 08
1 95
4 .... 014
Va-C CJiem 6
6 .... 984
3 03
West'n Md 4
1 6.1 4
1 83
West Shere 4
1 74
4 784
W Union 84 i
New Yerk Citrb
Acme Ceat ,,
llarne Ilre O ..,,,,
Cal Cruehed Fruit ......
Car Light .
Columbia Emerald
fTr. "
T K &;?
4M W 1
!i .ft ii '
teiummt r.meraia ,,,,.. t .1 .t'm
D W Or'ffllh J0 J
Karreil Ceal US 1... 11.-,
Molbreok 104 14 )M4
Inter Rubber 74 14 Jf
Perfection Tlr 6J 05 66
Philip Merris
taaie uem ......,,..,.,
Radie Cem pref
11 J Reynold (new) "ir.
Southern C A I
Sweets Ce
Teb Pred Exp
Triangle Film
U S Ship Cerp
United Frent Sharing ...
Wayne Ceal
West End Chem
Texaa Uulf
STANDARD
Illinois P I.
188 168
2...
2...
1...
12...
1...
2...
3...
00
90
09
09 H
00
99
09
t
B.
8....
1.. .
1.. .
1
8...,
1.. ,
1...,
West's A
Mf 7(
6....
1.. .
1
2...
3....
1.
102
1024
1024
102
1024
1024
102
102
r:ie-
102
1024
102
102',
103
1021,
Wlleen Ce 1st
8 88
8 88
Willy Overl'd
Ce 4 s
1 63
Total. I6.447.0OO. compared with 101.837.
000 yesterday. Thus far this weeg. Ills.'
284.000. .
INDKrENIlKNT OIW4
Atlantic Pit 24
Arkansas Natural O.e... 94
Ileone Oil 25 5
l'pstnn Wyerrlna- 7 1
lerlb Syn 44
Cities Service (old) 1224 1!
Citle, Herviee "U" ctf.. 14 1
Cltte Service pfd 45- 4
Cosden A Ce pref J
Creele Syn
i:ik llssln Pet 54 ,
Engineers Petrul 32 .
Kmplre Key
Federal Oil
Olenreek Oil
lOranada
Hudsen Oil
imperial en
Inter Petrel ,
Lyens Pet !
Marncalbn Oil
Merrltt Oil
Merldan
Mexico Oil 1
National Oil N J
Neble
Omar Oil
Slnims Pet
Southern -t It
hkelly Oil
Texon
Wenbhurn
Y OH
MIN1NO
Alaska-Rrlt Columbia ...
Rig Iedg
Destnn A Mentana
I'andetarla M
rerter miver
Divide Kit
F.l Salvader
Eureka Creesu
Klret Nat Cen
OeldfleM Florence
Harmlll Divide
Howe Sound
Knox Divide
MacNamara
Migma Copper
National Tin
Nevada Ophlr
Rex Cen
Tonopah Divide
V 8 Cent
United Eaatern
West End Cen
Tuken ueia ....
Allied Packer 6
Aluminum 7
Aluminum 7 w I ..
10 J3..
34
DONPM
Liberty 3s
Liberty 2d 4 ...
Liberty 1st 4..
Liberty 2d 4 Us..
Liberty 3d 4l4ri.
Liberty 4th 4ViS.
Vic Notes 3&4i..
Vic Notes 4s. . .
High
88.40
00.52
00.8S
00.50
03.1MJ
no.ne
00.441
00.48
Lew
R8.34
00.20
00.80
00.40
03.84
00.72
00.44
00.44
Clese
8X.40
00.52
00.82
1)0.52
03.00
00.00
00.44
09.40
Amn Tel Ss
Amn Tel As. 1924
Anaconda 7( 1020
Angle Amn 74
Armour 7s
Heaver Heard A .
Ileth Steel 7s. 1923
Cena Gas 8s
Copper Expert 8s
Copper Expert 8.
Orand Trunk 64 s
flulf Oil ...
Humble Oil 7 . .
Llbby McNeill 7s
Merris A Ce 74 s
Nat Cleak 6s . . .
Sears Roebuck 7s,
Southern Ry 6 .
New Tork. Oct. 1. RUTTER Firm. Re-' southwest Uall 7
C'lpte. 10.493 tub. Creamery, higher than g Of1. "ii.?"0
..teas. 4Rff&iAe: creamery extra ivd -!" ---'
434 e; packing, stock current make. Ne. 2.
27c.
liOOB Weak. Receipt. 11.540 cases.
Fresh gathered extra flr(t(. 48040c: firsts
40W44c: Jersey hennery whites, extra fancy
candled selections 75e; nearby and nearby
Western hennery whites, nrst( te average
extras. 68 9.00; nearby and nearby Western
hennery browns, extra. 88060c; nearby
DUTTER, EQ08 AND CHEE8E
1024
1925.
1023.
41
08
094
119
084
ll.l
1014
100
754
984
100
1014
1024
Cljve't F It Ss
A.,
5..
1..
2..
1
n".
10..
3. .
0..
1..
00
p
00
0(1
004
00 4
08
09 4
90
09
09 4
09
U9 4
99 .
90
90
90
2 09
2. ... 00 4
2 09 4
8 0
2 00
2 . . . . Ott 4
1 . . . . P' 4
10 004
1 Tr-k As rein
1..
10..
3..
3..
2..
1
054
034
95
05
05 4
954
0..
1..
2..
1..
1..
1..
N Tk Centl a
2(sale) 102
2.... 103
10 ... 103
N Tk Cenfl L
Shere 84
1 84
New T N H ft
Hart'd 8s
1 54
N Tk Tel 4 4'
3 SI 4
10 84 4
Nfk A W n 4s
1 77 4
8 774
N'k A IV cv 0
4 1034
.Ifsale) 108 4
'.'(sale) 103
1 . . 10.T
8.... 1034
" .Hill . . .1
Hell T 7s
gathered browns and mixed colors, firsts te
extra. 42052c
CHEE8E Steady. Reclpts. 1511 boxes.
State, whole milk. flat, fresh, specials. 22
42224s; de, average run. 214c: State, whole
milk, twine, special. 214 022c. de. average
run. 214J214C.
Teledo Edleen 7a
Un Drug- 6
Vacuum 7
Argentine 7s
. 09
.. 074
,. en
,.102
. . 00
. 07 4
.. 03
. 06
..1034
. .1004
. . 97
. . 08
..1034
. . 904
1014
09U
BANK CLEARINGS
Rank clearings today compared with cor
responding day last two years:
1021 1020 1910
rhll... 174. 000. 000 163.612.505 172.811. 878
TTo.ten 40 .113 1144 70 sit 1, it
!nltlmnrr. 14.700 50 13.433.370
J. Terk.J39.10O.000
ChlrKKn HO.ieO.000 . . .
N Tork. 030.100.000 081,80.1,704
. ,
1..
1..
2 .
1 .
1..
1..
1.
104
104
1044
101
104
104 '.
104 4
3
10..
2..
16..
1..
20 .
1 .
2..
6..
23..
I..
5
764
70
74
78
74
70 4
76 4
74
76 4
77
76
76
Chile Cep r 7s
20 06
10 06
Chinee, Oeve't
Hu-K Rly 30
1 47
C'ty of Uergen
8 ret
3 .. . IOO4
1.. . 100
2.. . 1004
5... 100
City Rerne S
I.. . 1014
1 ... 1014
2 .. 1014
5.... 1014
City Hard 1 0s
5 844
t ty chrls'a
1.... 1014
.... 103
.... 183
03
2 0.14
2 . 0,1 1,
1... . 0.1 4
2 05'.
2 . . 03v. 2...
'r'd Trunk Tvl'enna
1 . . 103 4 1..
O Nth'n R 7.
N Pacific It 3i
1 .. 374 I
N Pacific R 4,
10 78 I
10 77 I
s'th s Pwr 5 I
1 I
Vthn s P'r fls
2 02
Ore A Calif 5
2 92
Pac OAKS
1 824
fackard Moter I
Car 8s
1 061. '
8... . 06
"an A Per' in
A T Coe tn ,
I . .. 02 I
l'n R gm 4 4s
3..
8
6.
0
O
1.
1.
2
1
7
1.
Hud
4
1. ...
1....
1 ..
Hud A
1
3
1. . .
.1
1....
Ill Cen
3. .
1034
U3 4
103 '4
103 4
101'.
101
1
1
t
1
1"
1
1.
. . 80
.. 804
. . 80
It 14J
. 102
101
101
. mi
. 102
ii'
. 103
1014
Coupens
Payable at this Office
OCTOBER I, 1921
Boyd County Electric Ce. First . 5s
Carellna Clinchfield &. Ohie Railway Equip. Trust
Scries "O" . . . ... 5$
Commercial Ceal Mining Ce. First . . 5s
Commercial Ceal Mining Ce. Second . . 5s
Counties Gas &. Electric Ce. General . . 5s
Cuba Railroad Equipment Trust of 1920 . 7s
Erie Railroad Equipment Trust Scries "EE" . 4,s
'General Refracteries Company First . . 6s
Great Lakes Transit Cerp. Purchase Meney . 5s
Illinois Central Equipment Trust Scries "C" . 4s
Indiana Service Cerp. Adjustment . . .3 6s
Lexington Utilities Company First Lien &. Refunding 6s
Legan Light 6k Power Ce. First . . . 5s
Pennsylvania Edisen Ce. First "B" ... 6s
Pennsylvania Utilities Ce First "A" . . 5s
Pennsylvania Utilities Ce. First "B" . . 6s
Radner Township-Scheel District . . 3 s
Three Ferks Ceal &. Coke Ce. First . . 4s
Virginian Railway Equipment Trust Series "C" 6s
Principal Due
Commercial Trust
Company
. Member Federal Reserve System
City Hall Square West
103 Penn R It 7,
103'. I ... in-tn
10341 1. . 1044
1' .1 Pee (las L A
103 4 Ceal 8
Man Id, 1 7T
. 08 Pen' a A K in
.08 2 . . rtil
.08 4 1 ... 81
68 Pere Maret 5s
Man Ir. 2 84
. 42 Pitts C Chi A
. 414 St I. a 3s
4I-, 1 85
414 1 NV.
, , 414 Cert'd nwy 4
4s t. I Ight Ss
78 I 80
Ills Cen'l 64,Pub Bve Cp'n
1 . . 0.1 4 I N Jy 5.
2 0341 1 09
III Steel 4 4.
10 . .!
Info M ct 4tt
6..
3...,
Interb
1. .
2
I....
2...,
2...,
te..,,
2 ..,
8
i.!!,
i ..,
13 . .
1.
12
13
T fd
50 4
38 4
.16
61.4
50
664
58
50
80
66 4
584
66 4
68 4
I M Marine C.i
1
5
1
1 ...
a t
1
I
62
2
61
82,
89
a. h
82 S
2 ... 0'i
l . . . no 4
Reading Ce Jy
Cll Cel 4.
1... . 70 4
Rep Chile rrt,
8... 98
4 084
6 (sale) (18 4
2 08'.
R Cuba 4 4s
6 00
llep'c of Uru
guy 8 wl
I .00
8 (sale) pv-,
I . . 01
nil a a w 4s
I . . . . 7.1
Reck ira a a
l.nul'a 4 4.
2... 714
St L A S I' el
1 (ill,
1.... 00
1 664
1.... 684
32D ANNUAL STATEMENT
September 30th, 1921
ASSETS LIABILITIES
Cnah and Reserve. .$1,470,706.10 Capital Stock
Cellnternl Leurs 5,038,289.55 Surplus
Investments 4,330,047.00' Undivided Profits.,
Accrued Interest ... 22,612.20 Deposits
.11,000,000.00
. 1,000,000.00
224,403.60
. 0,537,191.25
$11,761,654.94
$11,761,654.94
TRUST FUNDS (kept separate), $24,640,910.74
Wrn. T. Murphy, Prealdjent ClareRce C. Ilrinten, Treasurer
ANNOUNCEMENT
We announce the formation of the firm of
SAMUEL N. HALL & COMPANY
Members of the Philadelphia Stock Exchange
with offices in the Pennsylvania Building
15th and Chestnut Sta.
Philadelphia, Pa.
SAMUEL N. HALL SAMUEL R. KIRKPATR1CK
11
V
!CK j
m
m
J
4