SSJ
wrr--! i i-,,mw.a....-ii .
WWPISSM'VaWKSS
wrfv v''- " 'nmet- ' 'Hf9i!((,'n""fi'-
&
w
ft
Hl ' 'I. i i ii i
EVENING PUBLIC LEDGER PHILADELPHIA, TUESDAY, OCTOBER ll, 1021
United Light and
Railways Ce.
Ten-Ycar 8 Bend
Secured Notes
This Company serves,
without competition,
55 communities with a
total population esti
mated at 600,000, lo
cated in Indiana, Mich
igan, Illinois, Iowa
and Tennessee.
Price te Yield About 7.90
Complete description en request
Bonbright & Company
437 Chettnut Street
Philadelphia
New Yerk
HoKlen
Chicago
Detroit
OIL STOCKS ARE
UNDER
PRESSUR
E
Transactions Largely of Pro
fessional Character Ten
sion in Call Meney
I NEW YORK STOCK EXCHANGE TRANSACTIONS
October
Bend Circular
We have just prepared
a circular giving partic
ulars of a number of
Canadian Prev incial
and Municipal Bends
n e w obtainable a t
prices te yield
67cte8rc
All these issues have
principal and interest
payable in New Yerk.
The prices quoted are
for payment in Ameri
can funds.
Write for Circular P-lOi
Weed, Gundy & Ce.
iTHTirrernt!
14 Wall Street, New Yerk
Terente U tnnlpea
Iximlen, line.
Montreal
n
Spruce 8200
LIBERTY
BONDS
ALL ISSUES
New Yerk, Oct. 11. The professional
character of the mnrket, which linn been
commented en for se long it time, bo be
entile mere pronounced with the bcfrin
nlng of business today, when nearly nil
the trading consisted of transactions be
tween speculative members en the fleer
of the exchange. This element is ner-
slstentij bearish nnd started the day's i
work with concentrated selling of Mexi
can Petroleum, which was forced down
2 points, te !1V They then turned
their attention te Studebaker, which
declined ,. te 00.
Prices rallied partially en peel buy
ing of speculative oils, but this was off
set by renew ed selling of the independ
ent 1-tevls and feed specialties. HetJi
lehem. Crucible, Inckawanna, Repub
lic nnd Midvnle steels lest 1 te t,
points American Sugar, common and
preferred, reacted '1 points each, nnd
National Biscuit fell It points.
With the lielidin in prospect tomec
. many trader" absented thcnielve
tmm fh Street and the session pro
gressed with about the same character
istics as hiivi- featured the days en tin
exchange vir.ee the intense lwal interest
'ti the World Series drew se much at
tention iiwjm from lluctualiniis in the
securities market.
I'nlted States Steel was under pie--lire
during the forenoon, ranging from
?! tn 7Stm While the Mexican Oil
stocks wire in miftply, domestic oils
lield strong. California Petroleum
moved up mere thnn 1 point, and frac
tional gains were mnde In White OH
nnd Cosden
There was -ni tinned tensir-ii in the
nil me:i"y market, the renewal rate
teing Hied nt fl per cent, and most of
l he earl) leans were made it that rate,
hut some of the banks ent in $10,000.
'00 at .Vi per cent.
Ir is claimed that there Is a sub
'tnnti.ll short interest in the market
It has been the kind if market that ut
Harts a short following. Old tinder"
held there must be n pronounced move
i tie way or the ether ?een. As price
f i epper. steel, ietreleuiu and man
ther products tend 'ipwanl, and miintj
rates dewnwaid. the conclusion i- that
be ii"ct move will be upwind. U is
evident frein the character of the trans trans
ecteons that there is no actual licuildii licuildii
tieu. I'sn that the big professionals aic
jeing nothing u the short side
WEAKNESS IN RAILS
THE LOCAL FEATURE
sErrniTiKs iieiwiitment
Commercial Trust
COMPANY
Member federal Rcirtcf System
City Hall Square, Wet
Pennsylvania in Supply
Concessions Utilities
About Steady
al
Island Oil
and
Transport
Corporation
The latest develop
ments of this com
pany are set forth
in a special letter
from its President.
A copy will be sent
upon request.
Ask for Letter T-38
William W. Cehen & Ce.
is e i V. rii S'., , r. harm.
Y'.rk 1',.1'r n R ' at in
I it I' ir i i - i
67 Exchange Plnce, New Yerk
The Consolidation of
Railroads
System e. 3
THE OWNERS of practically all
A steam railroad bends will be in
some measure affected by the Plan
of Railroad consolidation, tentatively
proposed by the Interstate Commerce
Commission
The easing off in price of the shnr
i.iaking up the railroad group was about
the only thing of intercut occurring en
the local stock exchange in today's
sepslen With the single exi eptlen of
Pennsylvania, there was lit'V demand
for even these stocks. This issue was
the most largcl) traded in from the
opening of the market, nnd n consider
.ihle upplj came out as trade pro
gressed, the price shading almost :i
half during the early nart of the daj .
West .Icrn and Seashore was the
i xl most active of the group mul
was also weaker, a- 'nr. Lehigh Val
ley, which declined mederntely en very
few sales.
There was little te record of the day's
'usine-s that was of interest. Lecal
utilities were about steady with trade
restricted. I'nited (ias Improvement
held nt .'t't and both issues of Philadel
phia Klectric mnde slight declines.
American Stores common yielded a
point nnd -eme of the second preferred,
that came out about midday, was un
changed Trading u. stocks in the past weeks
Inn licieine -e purely professional thai
tlicre are few result, te be obtained
fruii, i xprrssl'ins of market opinion or
ihe discussion of the various pliai-e- of
lhe situation One broker in t.'ilkiiiK
about the ti adlng position today, said
ilia' it hud come ii wn te a point where
the market cemi-ts wholly of specula
tive members tiying te make eighths
.mil cpinrters from each ether, liu-ing
ileir lentuies wholly en tlie apparent
trend of the mnrket nt the time the
transaction is made. There is at the
tune, apparently, w absolute Inch of
. ut-iide interest, and this larger intere-t
s net ilispised te off or any support ex-
ept when prices hove sustained a ma
terial decline.
Uiitsiile if speculative circles, cenll-
Ii ni e is exprev.eil in the outlook, espe.
mill in connect irn with tlie -tntemenr
f Tie 1 nitecl Stales Steel Corporation
-rcrilni . 1' i- Insisted b ,t i rutin
lenient in the financial rnnimiinln that,
miIi the first imrease in unlilled or-
Iiih in a Mar, ei,ic.- evliliine that tin
ti i industi.x has reached the tinning
lieiitt and thni, from in w en, inipioe inipiee
en1 i an hi ! eki'd forward te for -eme
r me te come
The bend section of the exchange was
listle-s, the mles made being iu sinull
itiiieiintH unci the prices showing little
change
Sales
100
100
tee
1200
100
tee
100
100
100
100
200
100
100
100
300
200
100
300
100
100
.1400
100
100
1400
J00
100
tee
100
2300
3800
100
100
100
100
2J0O
100
iaoe
SJO
3600
100
1100
200
300
3000
90
100
200
100
SS00
100
ene
tee
-.'oil
2000
1C0
100
400
200
1100
3700
..1)0
.130
800
eoe
100
3)0
100
330
2100
330
tee
1100
3000 1
1500
2U0
1S0O
3700
330
700
100
100
2UU
100
800
200
3200
100
11)0
200
200
2J0
4S0O
Hill
1001)
100
100
1030
11)0
200
mi)
1700
200
2011
400
1500
100
tee
200
me
300
100
7UII
000
9UU0
did
6 tee
500
330
200
22)0
700
3)0
Dlv.
In ?
4
Hlrh
Air Reduction SS
.. AJax Rubber 14
. . Alaska Geld Mines... Vt
. . Alaska Juneau O M.. V
4 Allied chem 4 Dye... ISJi
AlllB-Chalmcr 34
7 Alllg-Chalmcrs pf .... Wi
Am Ueet Sumr "14
Am Can ' V
7 Am Car & Fdy pf 1MM
Am Cotten Oil
.. Am Drug Syn Hi
Am Hide. A Leather.. 10 V
0 Am Ice pf
Am tnternnt Cerp...
1 Am-La Prance Ene. .
0 Am Locomotive . . . .
Am Safety Razor. . . .
. Am Smelt
Am Snuff
Am Sugar Ref
3 Am Sugar Ref pf....
3 Am Steel Foundries.
Am Sumatra
8 Am Tel 4 Tel
12 Am Tobacco
6 Am Watenvhs 8" nf
7 Am Waterwks 7 pf.
04
82 U
H.14
sew
4 It
3SI
105
85
74
24 !',
37
108
124
15
02
Am Woolen 74 U
. . Anaconda Copper .... 0J-j
Assets realization IU
Asse Pry Goods J32J4
Atch Tep ft Santa Fe 0H
J Atch Tep & S F pf . . . 1 V
. All Gulf ft W 1 S S... 23S
. Atl Gulf ft W 1 S S pf 2V4
Atlantle Fruit 3
.. Atlnntlc Pet 1H
7 Raldwin Locomotive.. SOX
7 Raldwin Loce pf 67H
. . Baltimore ft Ohie 38
Baltimore ft Ohie pf. . lti
namndale Class B. .. . 22Vi
5 Bethlehem Steel B 84
8 Bethlehem Steel 8 pf 0SV4
.. Brklyn Rapid Transit 7H
. . Butte Copper ft Zinc. . 4
.. Cadde Central O ft R. 12J4
.. California Petroleum . 42J4
2 Calumet A Arizona... 81
10 C-in.idlnn Pacific ....11314
. . Case J I 1st pf 75
. . Cerro-de-Papce 30
Chandler Meters 40
.. Chesapeake A Ohie... 55
.. Chi A Gr West pf 16
.. Chi Mil ft St P 2'4
.. Chi Mil & St P pf. . . 3!)'i
5 Chi & Northwestern . 08
.. Chi R I ft Pac S3
Chi R I ft Pac 6T. pi. 3 W
. . Chile Copper 12
.. Chlne Copner . . .. 25;
.. Clev Cln Chi ft St L.. 40
.. Coca-Cela 34J
. Colerado Fuel ft Iren. 24 Vi
Colerado ft Southern. . 35 fi
Celum Oas A Elee 01
. . Celum Grnphopheno . 3H
7 Consolidated Gas 00
.. Consolidated Textiles. 17
7 Cern Products Ref pf.100 110
.80 Cosden ft Ce .!i
4 Crucible Steel l3
.. Cuban Am Sugar H?a
.. Cuban Cane Sugar... C?i
.. Cuban Cane Sugar pf. 10 Ji
4 Davisen Chemical ... 39'$
6 Dcla Lack & West.. .107
1 Deme Mines 1H?4
Lew
as
22 tt
Vi
Ii
45!4
34
70 Ki
28 V4
27 W
no a
10
5'
10t
64
32
S14
80 j
4K
38 W
105
53
74
24J4
38
108
124 V
15
02
74 !4
4Ct4
l'4
32 H
K6
MW
20
20 W
18
sni
97 Va
37 Hi
81
22
S3V4
8814
7
4
12K
41
61
113i
75
30
38 ,'i
55
10
25 H
39
68'a
32
07l
11J.
25'
3t'4
34J!,
35
0074
3K
80
13
lt0'2
201's
12 li
11 J
0
m'A
38
100J4
18K
Oi
14
100
13
18
t-'V
70
100
04 V,
14
14
H
14
H
H
!t
1
V
"Vt
"v
5
1T4
2
14
J4
14
14
14
14
?4
14
14
la
Vz
114
14
14
1:80 Net i
V. M. CTise.
3S - 114
3214 ..
14- Si
Ii . . '
4514- 14
34
36J4
10
1014
64 -32
814
8114-
414
88S4
105 -83-74
-34J4
30-
108
124 J4
15 -82
114
3214
80 -8114
27
20 S4
2J"e
18
8014
83V4 37 V4
81 Ii
22V4
1214-
4214 1
81 - i
112 -
75 !
30 ,.
40 1 I
55 - 14 '
10 74
ay
39 U
081J-32-6314-12
(
3474 -24"
35irj-
tl
314
90
17
100 14
29
38 -
HOft- Ii
18W .
34 yA- u
1.4
100 51 14
13
18-
J8
30 -
100
es
14I4
14
Hi
4
14
U
h
H
J4
1
6 Emcrsen-Brantlng pf 21 (,4
6 Endicott-Jehnsen ... 04
7 Endlcott-Jehnson pf . . 100
.. Erie 13U
.. Erie 1st pf 18
3 Famous Players L.... 58
8 Famous Players L pf. 30
7 Fisher Bedy pf 100
8 Fisher Bedy of O pf . . 65
.. Freenert Texas 14 !4
.. Gasten Wms 4 Wig..
.. General Asphali 637i 5314 M
8 General Electric 126 U4,,, 124 J-5-
1 General Meters .... 10 10 10
0 General Meters pf.... 64 U d4 64 V -
. . Goedrich B F 32 32 32 1
7 Great Northern pf 33 3,i 73'j-
4 Great North Ore ctfs. V37a 27J 2774 .
Gulf Mobile ft Ner... Gi2 O'j 02-
4 Haskell ft Barker Car 57 37 67
. Housten Oil 64 J4 63 04
00 Indian Refining 8ft 7a 84
60 Indlahema Refining . . 374 374 374
.. Inspirnt.en Cen Cep.. 35 33J4 3.!i'-
Interb Cen Cerp 1 1 I 91
.. Interbore CenB pf.... fi 6 x, -
Inttrnat Agrlcul r''s 8'j si,, r
7 Int Harvester new ... "fi 70 iti?,
0 Int Mer Marine at.... 47 U 47 47 -
.. Internat ilotertrucli . 27 'iay2 27 -
.. International Nickel.. II 14 14
.. International Paper .. 48 Jt 47J.J-
. lnvinclble Oil Cerp... 117e 11 11-
.. Island Oil 3 j 3l 3-J
. Jewel Tea 1 2 10 t 10 14 f
.. Jewel Tea pf 12 42 42 f
.. Jenes Bres Tea 2514 26 25 t
.. Kansas City Southern 25,'. 25 25
4 Kansas City Se pt 51 51 51 -
.. Kansas ft Gulf Ce 'i US4-
4 Kelly-Springfield Tire. 42 41 417,
Kelsey Wheel 514 80 50
.
1
14
!4
1
14
2
Dlv. 1:80 Net
Hnlei In I HUh Lew P. M. Oil.
"80 .. Kennecett Copper .... 31 21 ?4 31 ??
100 .. Keystone T ft n 10J4 10J4 1014-
100 6 Kresge S S "OJ-j 1691,4 lli
100 .. Lackawanna Steel ... 41 41 41 -
100 t Lee Rubber Tire 3814 28J4 28J4- 4
100 a. 80 Lehigh Valley 86 80 80 - It
100 .. Leewe Ce 13 H M - W
100 .. Malllnsen ft Ce 18 18 10 - 1
800 .. Manatl Sugar , 3li 22J4 3114- M
300 7 Manhattan Eler mar. 42 42 43
300 ., Marlln Oil 38 2814 23ls ?
29800 ii Mexican Petroleum .. 83S4 0114 014- ;
100 1 Miami Copper 3274 2274 'J4
8000 Lae Middle States Cerp... 13J4 ,314 13!4- 14
8100 .. Mldvale Steel 24J '"8 i3T S
100 .. Minn ft St Leuis 874 8J4 J r ??
100 .. Me Kansas ft Texaa . 114 114 !!" ??
300 .. Missouri Paolfle 10(4 114 1J4- J
800 ..MoPacltlepf 43 43 43
000 .. Montgomery Ward ... 1874 1874 Wi
300 .. National Acme 14 14 14
300 7 National Biscuit IIO14 116 116 -
loe 3 Notional BIbcuU pf... Ill 111 1" J
1C0 .. Nat Cleak ft Suit 1714 1774 177i - 14
100 7 Nat Cleak ft Suit pf . . 48 48 48 - 1
300 e Nat Enam ft 3 40J4 40J4 1 '
200 7 National Lead pf 103 103 103 1
1800 .. Nev Cen Copper 11 H4 1JJ4-
100 N O Tex 4 Mcx 61 01 61 ..
300 8 New Verk Central.... 774 7374 14
100 .. New Yerk C4St L...'64 51 S - 1
100 .. New Yerk N H ft H..14 14 lJi- )
100 1 New Yerk Ont ft'W.. 19 19 7
1100 . . Norfolk ft Southern... 0 914 9t 14
600 7 Norfolk & Western... 95 S6U 05!4- Vt
100 6 North American ctfs.. 40 4u 40
200 8 North Am ctfs pf 38 85 38
3000 7 Northern Pacific 70 35J4 7514- 1
1330 . . ekla Pred ft Ref 2 24 '-'
200 8 Otis Elevator 92 92 92 - 314
100 ; Owens Bottling 38!4 281i 2'i 14
200 .. Paeitlc Gas ft Elee... 8014. 59 6914 f
0100 ,. Pacllle Oil 36 38 30 1
15700 e Pan-Amer Petrel .... 42 40 41- Is
2000 Pan-Amer B 39 38 3ft - 14
2800 1 Pennsylvania H It.... 36 38 3 - 14
700 .. Penn Seaboard Steel. . 10 07, 974- 14
200 .. Pere Marquette 10 10 19 - 14
100 s Philadelphia Ce 2874 2914 201i - 14
300(1 .. Phillips Pet 27J4 3014 2714 V
200 .. Piorce-Arrow Moter.. 104 10J4 1014 !4
200 .. Pierce Oil 774 7 7
3100 3 Pierce Oil pf 4474 44 44
200 . Pitts ft West Va 20 25 25- 14
100 .. Pressed Steel Car.... 80 60 50-
100 .. Producer & Refiner. . . 3114 20 20- 74
000 r Pullman 9474 03 H3 - 114
400 .. Punta Alegre Sugar. . 27 27 37 - 14
4000 2 pure Oil .: 28H 2754 2814
400 .. Ray Cen Copper 13 13 13-! 14
I61IO 4 Reading 7174 70 30- 14
300 Ropleglo Steel 33 74 3314 Va- 14
03U .. Republic Iren 4 Steel. 51 61 61 - 14
100 7 Repub Iren ft Steel pf 8374 837 t27 lh
300 .. Republic Meters 8 b74 !-
2U0 fi.ie Royal Dutch Amer... 4674 45 te -i
1100 ., st Leula San Fran... 2i4 23J4 231e-
100 . . st Leuis San Fran of. 30 38 30 - 74
400 .. St Leuis & 3 W R R.. 2374 23 23 -
100 . . Bt Leu s Southwest pf 33 32 32 - 1
200 1 St Jeseph Lead 1274 1254 12 i - 14
100 .. Saxen Moter 27j 2'J i'i
100 .. Seaboard Air Line.... 874 64 6J
4 JO .. .Seaboard Air Line pf. 9 84 h4 -
200 .. Soii.s-Heebuck 69 687 ISJe- Vi
20 .. Seneca Cep Cerp 1874 1 19!- 14
7U0 .74 Shell Transport 35 24 35 1
5 i) ,. Slnelalr Oil 21 21 74 21 14
.5ji) 0 Southern Puclfle 30 38 78- Je
2M0 .. Southern Rail 2.74 19t 20
100 a Standard Mill 97 7-2 07 la 07 74 . Us
300 4 Standard Oil of cal... "0 38 70 i 14
10j0 Standard Oil of N J.. 151 149 151 2
5)1) 7 Standard Oil of N J pf 100 118 U84 14
200 t Stewart Warner Speed 22 22 22 Vi
100 ., Stromberg Carb 28 20 29- 74
1300U 7 Studebaker 70 60 70 - 74
23)0 .. Superior Oil Cerp 7J4 774 7J4
Otoe 8 Texas co 58 28 38 , 74
100 .. Texas ft Paolfle 2314 3S74. i34 - t
6200 1 Texas & Pac C 4 O.. 20 26 ,H , it
100 6 Tobacco Products ... 02 12 02
8 JO .. Transcen Oil t!2 t 874
1200 ., Union Oil 10 1974 1014- 74
OiiO 10 Union Paclfle 121 121 m - !j
200 4 Union Pacflc pf 60 60 00
200 .. United Alley Steel.... 2374 3374 337J 74
300 8 Unlted Drug 60 9 69
100 . United Rwy Invest pf 1974 1974 1971 . .
8300 0 United Retail Stores.. 40 !j 40 J4 49 J4 - 4
100 ..US Feed Products... 12J4 l'! 1274- J4
Siii) 4 U S Ind Alcohol 44 44! 44 14
3'JO .. U S Realty ft Imp 5274 32'n 52 7, 14
700 .. U s Rubber 4872 18(4 s74- 74
5J0 8 U S Rubber 1st pf.... 89J4 S8;4 88-
300 3.60 US Smelt ft Ref pf. . . 40 40 40 4. 1
74jU 6 U S Steel 79 -,8'8 70 -
4IU 7 U S Steel pf 110 HOT 11074
13 id 2 Utah Copper 53 52 7, 53 -
100 Utah See 0 0 0- 74
530 .. Venadlum Cerp 31 14 30 31 74
12U0 .. Vivnudeu Inc h 8 874-
100 .. Wabash 7 7 7 ..
OHO .. Wubash pf A 21 21 21-
300 .. Western Maryland ... 078 074 974- 74
200 . West Maryland 2d pf. 17 17 13 - 74
000 .. Western Pacific 21 21 21 - ?$
2j0 4 Wtut.HKheuse E & M. 45 45 45
100 4 White Moter 35 35 33
0j0 .. White Oil Cerp 10 1UJ4 1014- 'i
LWO .. WUlys-0erland 674 574 574
100 6 Wilsen ft Ce 34 34 31
PETROLE
UM GROUP
FAVORITE
CURB
Fluctuations Narrow in
Priced Issues Many
dustrials Noglectod
Lew-In-
New Yerk, Oct. 11. Most of the
speculative interest in the New Yerk
curb was concentrated in the group of
domestic oil stocks and in some of the
treplcnl Issues, Cities Service 'shares
were the most prominent features, the
common ranging from 140'A te 183,
during the forenoon, nnd the bankers
shares ranging from 17 te 18. Mum
cnlbe wns Rtrelig en active trading nnd
ndvnnccd from 23 te 24?4. Angle.
American also was another strong stock,
moving up from 17 te 17?4. Galena
Signal OlOl sold at 45.
In the low priced itwues tlrc fluctua
tions were rather nnrrew. Continental
Hefining bold nt 3'4 nnd 36, Hlmniti
Petroleum at 7 nnd 7, and Elk
Basin at 0 te OVA. Omar Oil ranged
from 00 te 1)0 nnd Skclly Oil from
UVi te i. International Petroleum
sold nt from 14 te inVft.
Many Industrial issues were neglected,
n number of the stocks thnt hud been
recent leaders. Including Burns Broth Breth
ers, Farrcll Ceal nnd Texas Gulf Sul
phur net being traded in during the
forenoon.
Continental Candy sold down from
30c te 25c a fdinrc en the ctntement this
morning that the stock is net recognized
in a proposed reorganization. Denver
nnd Uie Grande preferred reflected
cpcculntlve interest and advanced from
ii'c te 00c n shnre. Gillette Safety Un Un
zer sold nt 153. Philip Merrla wns
quiet nt fi',4, end Tobacco Kxpertn bold
nt 54 nlw. British American Tobacco
wns 11.
INDUSTRIALS
. , HUh Ixw
Acme Ceat . . . un vr,
Hrit-Amer Teb coupons .. 11 llt
Car Light 1 1
.enu sanely 30 ;j
I II O as as
I'll O Pref us 76
Ulbsen Hewell li)i 141:
11 en AWen Ceal 40 40'
OIUtta Un 163 1S3
Ileyden Chem 1 li
Helbroek 10V4 ink
I.oeemoblle . . . . . SO KO
N J Zinc j 23 !"
I'ackarJ Moter ftt, fi
Ilatlie Cem a Vi
HwoetH Ce
Teb Products Exp . .
17 ft L & II
U 3 Ship Cerp . . .
I'nlted Jletull Candy
Wayne Ceal
West End Chem . . .
and Iren. .
2?
10
11
14
1
HT.LNDAHI) 01I,S
AnBle-Amer OH itu
1 Atlantic Lobes OS
uaicna Oil 4,
Ohie OH 207
l'enn Mex Fuel ae
bland Oil of Indiana . . . 744
INDKl'KNDENT OILS
Amer Fuel 32
Iloent Oil . "n
lloaten Wyoming 83
Stt
111
0
14
1
1:110
P. M.
06
llli
1
2!i
2s
00
i4v;
40
163
'?
104
00
12
?8
2
si
m
10
H
14
1
17
S
45
07
20
747i
Commodity Markets
GRAIN MARKET
( lilrage. (let. 11. It was a better
nuiiket m wheut for the hulls. Con Cen
tidenee ban net ct nil been regained in
the eeiistructlve 'ide of tlie market, hut
there in mere breadth te the bujing, de
spite the faet that much of it is for
short account. State figures en the
iimeunt of the whent erep mnrki'ti-d
hew much wheat hu.i left farms. Cash
premiums were firm. Shipping mi.vi
were 1(1.00(1 bu'-heN. l'xpert demand is
Cern v.w firm, j'he enbh Interests
oel; off hedges and Mierts enveri d sell
ing Pressure lui light Sules of
Hill. (1(1(1 bushel nf ciril t'i the Ihiteh
(invcrnment were reported. -i'iee the
li.e jeMenlnv. and KMI.IWKI hiihhuls
-old fur domestic in count. The eat her
shut nfr eeuntrv (ifTerlngs tn airne. The
rush basis wns 'e te ')! higher.
(hits followed ether grains The cash
Imsis wns unchanged. Shipping i-alcs
C,(I,(MMI bushels
Philadelphia Stocks
1
Financial Briefs
High Lew
li05 Am Str.s. 74 711
10 de 2d pf. 101 101
3 Am Gas.. 42 42
tlO Atchison 80 Vi S0':
lOtHnld Loce
pref 07 07
70tB & O.. 37! .'I7"v
27 HlecSter.lOOV. 10!)
20tFnm 1'lny Ct7 e
20 Uen Asph m-v,
10 Lake Hup 7
10 I.eh Vnl.. m'it
4 .Miuehill.. 40Vj
300 Ner Cent 07:;s
540 l'a It U.. 30"8
3 IMillii Ce
cum pf.. 31 .
1(10 l'hilnKlec 22Vi
200 de pref.. 204
KKKending. 71 1
HUM) I'n Trne. ill
110 I' G I... 33
17tlS Steel 71M,j
1,1 i ar 1 is .TH
53"'s
tl7fi
30
1.16
I' M
73 -
liil .
42 -
Ml' j
07 .
37V
100 .
Nlt
lil..J-2V.
07--'
30
,i-lr
,nir ,avraB.8 Price et twent actln indm
:r,ni,.,Scl,s 'tocllned .'2 pT cent jeattirddy
10 70.H,). while tuents r.illreuds were .43
IT cent lower at 73. 4T
11 Jr,u" '7ei!Kn u,,1,,,lnvS of ,h". H"nd National
liank of Philadelphia, nt I runkferd will be
formally opened for Inmnctljn tomorrow.
fI,,hPO,.'.,'ief Ahe " J,,r cent iletanturs benila
1 1 Ii e Cuba Cane Sugar Corporation, under
the llnenclng plan, .vhlcli mum Uxome M M
tvtlve rtaturduy of this wii ameuntid yea-
er.Ux rneniln te $7 7.10.U110. wiihuut Inolud Inelud
mr 1. hlcagj und lloaten rep.nm The com cem
lrij n new llnanclim 10 rn e Sln.uOO.nuu
t.e lidded by October 16. and eery eff "r
uVbenturw '" 'hC li'WHl ' ,h
Carlb Syn
Cities l-ervlce (old) ...
C'lt'cs Serv "11" ctf.
(.'Itlrs Servlce pref . .
Cosden & Ce pref . . . .
Klk llanln Pet
lnirlneem Petrel . . ..
' ay 1'et
Kedi-ral Oil
Jltnreck Oil
Imperial oil
Inter Petroleum ....
Lyens Pet
Maracalbe Oil
Mvrritt Oil
Merldan Pet
Jtex Pan
Mexico Oil
North Amer Oil
Neble
Ohie Menger
Omar Oil
Salt Creek Pred
Seyueyah Oil
Simmn Pet
Kkilly Oil
Tnen
Tuckrney
Western fllnten
Wilcox Oil
W'eudburn
Southern P A It
MINING
Alnnlia-Brit Columbia . . .
JJig Ledge
HeMtnn St Mentana
Copper Canyon
Cnns Copper fin
t'ertez KIHer
Dlvlde Kt
1Z Salvuder
Eureka Creenus
Oolrtlleld Florence
Geld Zene
Hcwe Sound
Knnx Divide
MacNamara
N-atlenal Tin
Nlplaalng
Pitts Mt Shaata
Ilex Cena . ...
Silver Dar-
Hllier Mlnea of America..
Steward Mln
Tonopah llelment
Tonerwh Cash Hey . . .
Tonopah DlWde ...
Teuupah i:xt..nalen
United JJastern .
IIONDS
Allied Packer (la. .
Allied Packer lis ctf. .. .
Aluminum 7a w I
Amir Tel Ha 1U22
Amer TV1 fl 104
AnarnrAla 7a 11120
AniiKle.Amer Oil 74 s
lleth Steel 7a 1022..
Until Steel 7a lH.'IS. .
Can Nat II v ee. 7s .
Chi i:ast 111 Bs
Cel Graph Ss .
Cens ua ss
r,5.
.162
. 1H
. te
. 4
. H'i
. sn
. n
. 1A
. 14
. K
. l'.l
. Ill)
. 24'.
. S4
. 11
. 14
. 14
. 18
. II
. en
. 114
. H
. 7,
. no
. 70
. 12
.. H'i
. 1A
tu
32
211
SI
OS
1
0
Ta
14
8
H?4
llll
23
10
&
1H
0
00
12
7H
0l4
86
til)
42
.'14
1A
174
40
!07
20
74 'A
32
2U
81
n
151
18
en
4
C4
3.1
.1
1A
14
8
13
ua
244
84
10
1a
n
18
I)
08
12C.
8
(4
83
till
42
8
1A
:ie
nn
l
111
Is
81
2S
17
si
40
HI
24
l
14
1)8
r.'4
a.'
H
14
a
7l
14
2 A
.11)
31
1A
l'
14
81
2H
17
87
tr
1)1
24
H
14
IKV
II
6
II
14
ft
7H
14
2
30
31
1A
ll4
14
81
28
17
37
46
1C
24
ll
14
00
32
ll
6
3
14
78
14
2,
61
634
IIII4
Mtl
0S
ll).'
r,4
684
W
Ull4
084
115'ii
102
Copper ICxpert Ss
f'iili.in I.'l 7y
1(24.
-.is
System Ne. 3 concerns the Haiti- wmiewlint leaetlenaiv Sterling start
COTTON MARKET
FOREIGN EXCHANGE New Yerk. f) t 11. Considering thn
..i Vrl (lei 11 Tli.. form. . vi ,.,iL- enheK. the lee.il eumn marai-i iuii
i .iiige uinil.et tin" uierniiig fiiieiiPii it tnlriy
13
.V
W Jer&S 301-2
31 4
22 1
20 N
71'
31
33
70
RH
30'
""'j-
'I'M,,
20 -Tl'i
31 ..
33
70 -
30 1
i no output of steel umety in Sepiember by I
ihim . eiiipKiilea, repr-seitlnit si Tr , '
;i the una for lh t untrj wan 1.174:7401
tiMH. accenllng li a Hlati mxe u. ,,... i. '.. I
1,1 u,.,.,i i... .'. :-
" . tl.n 1-.
t
.m-rli..n Iren and Htvui
,it. Insrenae of S.l.iinn tens mvr the August
' , i In. tleti of
b03.37it tens.
Julj. hlcl
jntcd te only
Ml
m, . L Tnln1' ' n""W "' Hharohel.1.1 H
,T S ni. A nl,rB "' """'""lee tin. J7 son ote
treJ'Ct in !hrt mni mn, .,.. .. . ,rv
i undertaken In tl.e
W.
chatiKK mode bi comparison w tb l.iat
en N"W Yerk HtQfl. Kxr.hanire
mere &. Ohie, New IIaen, Readme.
Jersey Central and ether properties.
Helders of bends of these systems
will be interested in our resume of
the plan.
Wi invite minun en ;. rnrient
invest ntriit wbjee.
... ...
in lower anil tliere were ueellnes et
1 In .1 points ill ether exi lulllgeN
The intes weie :
I '"iniinil sterling 3.M:'s. i-nhles
.s.",'h; fnii til'is 7 31. dieiks 7.!!0;i
,1 i.llile. I llll. i he, Its 3.SKH.. J Swiss
.lilies s,,', i licel.s II .,'"; glllblir
steal
te - pniuih
HARPER &
TURNER
In. Ci-tnu'nt H.'iiiKc-s
if. i ' I'" ei'' j).Ki ,' I, a i7
Sterk Exclianj,'e Building
er..t Philadelphia
thle, 33.HS. .he. ks 33 03; peb"tn i'iihle.si ti. market was s
Hill's, cheeks 13 30; Stockholm rahles points net decline.
.:: ."ii i hocks 23 ."; Chrixtlnniii cnhles I Ueeelptx at the p.
12 17. ilieks 12 12: Copenhagen calilei
l'i 17. .1 1-- l'M2; Helglnn I'ahli-
; Is , i.eiks 7 17, innrks .-s2'-..
opening tedaj , at 2
Iodine from vesterdnv's
i., T ion. was (Mine geuerir ier-
e'gn support, ineluding Liverpool and
.Inpnn. hil" N' '"-'eans and h.eal
.hnris lllse heilght fieel.l lhe ' hh'f
.....li sillers were Willi tre( t till)
vi....i'l, neil some of the leeal
t the end f tlie
0
.2S
r
5SS" KtGLINN & CO. Ss
Member N. Y. Slack Exchange
Orderi Exccutsd in all Markets
Widener 3!d3., Philadslphia.
SALESMAN
punk tci. ainnun He haw imr
ini . ''", e-i. Tuist ami Suvlrur!
et. i ni I.I al iriuiihi.inciii4 , .
bimiiI inedueei s I i IiuImii i-,24
ln-12 it t.jV
HI H"
i 2' .1
PEN.iA. Va. FREE
SECUI1ITIES
PAUL &. :j.
M iiilitr I'lilln, Hturit Kirbuui
im CHESfNUT STRET
Al the end of the lirxt hour, the rmi r -'iii
wns iiregului Sterling was '-r
under the opening, nt 3..s."i''j for cali'es
anil 3lli for demand. I-Vimes were
ile.vii 1 point ii ml Un were 2 peinis
Higher. M.irks v ere nil '.. point The
ether ipietut mils were: rrniii i ahles
7 3(1. ihee'ts 7 20: l!el:;ian ciihh.s 7 III.
ehl i U 7 l's. Ilie .lll)'es 1.(11.'. , ,,.'l.s
M'l'j. giilldei i ahles 33.ll." cheeks
33 "(I. le.uk- 2
Tin (' lltllll Klll'llpl.lll lihllligis
nil' n'legnlui teda.l, .'ihiiiit the elil
iuiiiire of iinpertiiiii e lieiiiu a ne low
liinrd for tireck exellllllge III 1.12. The
piiweiis low a hliert lime age was
ill.". Other quotatiens: Iliiniunlaii.
I .Wl'.j ; Bulgarian, 70; Austrian.
O.'i'a; Hungaiian. .1,"'...; Serhlnn.
1 0,".'e: I'ellhh. .02' i : riniiihh. l.r,3;
Czcohe-Slovaklon. t.004 ; Juge-Hlav-
an, 41.
The premium en New Yerk fund in
I Montreal today was a nIhiiIh tinner at
0 2." 32 per cent. Canadian fundH In
New Yerk were slightly eutsier nt H
per eent diseeunl.
i l.H'l l.ltli IV S I INAl. yl UTATIe.SS
hi ln fran'a I.lrr lu. dera
a mi 7 :iH4 i 'is j O't.iii)
11 HL4 7 30 4 oil S3.U0
UPUN1.VU QUOTATIONS
Stirling Kranes 1,1 r Qulld
S.lt4fe l.n'i
traders.
first fifteen minutes
tendi at uheiit 10
' . . .1... ,...n.u In. tlin ,lni" nm
,,1 ins ni ill" n'lif i" ".'
,f,,l Mt 70.IMIO imies. ngllliisi ,)ii
Ills hales tt week ngn. 42
anil .m.'ii.i e-
ienr
age
n go
ay
n.-
13." hales a '
two yenn l
iirti.lii
1"- m e
,1a no ir)
Mareh
M.I!
.1 ll
l-re .
l'i'j".
l!i "s
id ir.
l'i r.
l'i is
is --,
' s 7",
Is le
Is e".
1 Aii
I' M
111 f
Hi II
lh :..i
I'lUI.ADI'.l.rlUA IIONDS
7(10 I.lhertj 2d 4's "12. . . 0:
I .'00 Liberty 2d 4'4h '12 Ill
3(H) Llherti 2d 4'is '42 01
IsilO Liberty 3d 4'As '2S... . O,-
1.-.0 Liberty 3d l'4s 2S lu.iii
211)0 Liberty 4th l'v '3s 02 00
2(1(10 Liberty 4th P'js '3S. . . 02. se
2.'0000 Victory 4V '23 DO 411
KiO Victory 4-V,s '2.3 II. 111(1
2."(MI00 Vieteri 3V "-:f . ..letnlM 1(1
10IMI Hell Telephone Ts 100
2000 Hleetrlc & l'eeple's 4s. . . ,'0'm
SO00O Klectric & I'eeple'H Is . fill
2C00 Lehigh Valley eons lis !i!).
10(H) Reading general 4h 77
LIVESTOCK QUOTATIONS
Disapproval of lhe Jly.oen.dfiii j, an or the
Mute of. CvueenslHiid Has exprented by Hr
Jei.h leek. femii.niiKeiith Trensurer II.i
M.H1 that thlr was the Mit lime ut, viiktr,
..an Stat., hud gpn. out-ld. th" empire feri
luun. uni he lm eel Tn,,r,,i.r ,k.. ....
M l?L !VvH a 'crv h'1"' """ '' '"''ernmlnt
IS'
., 'i".,"?' 1??r nr"1'"1 ""'M 31, the .snml
interest, tnxes an 1 pr . fi, red 1 Ividei 1,
..Nii.untlnB te imili Me. Tbif la c..Hal-n Vi
lle'i-i i. fhare earned en lh.. 17.410 M" if
UTi'i'I'im'".', i!,V,J!inr,"h',"h " "r1'"' f
'7 i J li' ' '-' n'1 " Hh" "r"11' en the
C7 li).', HI2 of ceinmunniuMniidlni: In 1'IJO
rlen.lrlrli 7a
(lran.l Trunlt HVna
Uulf Oil 7a
Ilelnz Ce 7a
IluiuMe Oil 7i
Inlerbore 7a
Kenmrett 7s
Llbby McNeill
N Y N It it II 4 .
OtlB Sted fa
sV-ura Itebucl 7a 1H2'J .
.Scara Heeburk 7h IIUM
Piuithwtst l'ell 7
Stand Oil N Y 7a 1H31
Stitnn oil N" Y 0V4s
Hlew.irt Warnr Ha
Swift 7s lOSS. ...
.Swift 7a 11131
I'n Dru? Ss
Vre'uufi 7s
Weatern IZWc 7s . . .
Aitrmttne 7s .
ylis SVs,s
83
r.RVi
en
001,
08H
115s,
ini'
100H loew fneii
...,,.' ,.A,' r....
1'iirj iiii- lies
KIL's,
04
11
lOO'-i
lllll,
03H
Ha
f'tC-l
emj
07 'J
77
Vj
IO'jH
04 V,
41
Kill's
101 V
O'.vJ
or.
Sill .
CftVi
10"',
lis
. H7i
17
01
(III
lis
. (IS
107
im
Oil
10(i'
lei .
. 'ii
.101
ll'l'l
s'l
tnH,
97's
11.1
no
11 M4
US
Us',
107
ll'J'Si
Oft
101)
ei,
Us
HI3 "j
Ml
(HIV,
sui
102'a
ill
11
lnms
101',
H.1H
in
ini',
en 'i
lOlll.
07"i
77
tin.
07',
07
fill
II M
M
I'Slj
1H7
10.'
no
10dU
ti i14
H
iiiim,
mi
liU'-i
S'J,
--lsa
m
W Own and Offer
100,000
City of Pelotas
STATE OF RIO GRANDE DO SUL(BRAZIL)
5 Sinking Fund Lean of 1911-1961
Unconditionally guaranteed, by endorsement,
as te Principal and Interest by the State of
Rie Grande de Sui
Issued 000,000
Purchasing by Sinking- Fund.... C B3.C00
Outstanding 540,400
INTEREST: June 30th, December Jlit
Payable in Londen, or may be cashed at our offices at the '
rats nt hr Anv.
Denominatiens: 20, 100.
1. A direct obligation of the municipality, secured by a charge
en the general revenues, and furthermore by a specific
hypothecation of the receipts from the "Heuse Tax" and
all future revenues from the public works carried out with
the proceeds of this lean.
2. The Heuse Tax alone covers the annuity of 32,866
required for interest and the sinking fund; the general
municipal revenues cover it ever 5 times.
3. A cumulative Sinking Fund of li, commenced 1912.
This will retire the entire issue by 1961 if bends are pur
chased at par, but as bends have been acquired below par
and will unquestionably be purchasable below par for some
years te come, it is conservative te estimate the average
redemption date at net later than 1945.
4. Pelotas is one of the principal ports and financial centers
of Southern Brazil. Its population is about 65,000.
5. Rie Grande de Stil has a per capita debt of less than $5,
as against $30 in Sae Paule; the assets of the Banks in
Rie Grande de Sul in 1919 were $444,074,000 as againit
$238,701,300 in Sae Paule.
(' 8.20 straight income; 8.85 yield te average maturity.
7. 34 possible increase in income, average yield and capital
invested.
8. 120 possible profit upon redemption at par, and at the
normal rate of $4,866 per 1.
9. Listed en the Londen Stock Exchange.
PRICE $470 flat per 200
including about 4 months' accrued interest
Circular en Application
F. J. LBSMAN & CO.
Members N. Y. Stock Exchange since 1895
FOKKION DEPARTMENT
I
'4
Liberty Building
Philadelphia
A de net irunrantpe t'10 statements nnd flcurss contained In this Adver
tisement, but they ero tnksn from sources which we believe te be ccurste.
The American's
Unlimited Policy
of Credit Insurance
absolutely safeguards your credit accounts;
docs net limit the number of these outstand
ing accounts; offers you the privilege of
settlements during the currency of the pol
icy; and is used as collateral with banks.
PaymmU te Policy hldtrs ever $10,000,000.00
AMERICAN CREDIT-INDEMNITY CO.
of NEW YORK E. M. TREAT, president
ISSUES (TJMDARO UNUUITIO POLICIES
W. J. Merphy, Manager
J. F. MacFadden, General Agent
1011 Chestnut St. Phene Filbert SS02
Philadelphia, Pa.
jsa
DIVIDENDS DECLARED
I repiirl !Sii!ril(i that th, Koreanlm Kereanlm
, l rt, plan of th.. rhk.iB,. arl Ilislern illli",
i Hifv a-v Cemtany would be ilncliirnl ni'Lril.
me Nwwmber 1'. uhn illsi rfillti, .It th. f
f.e of tl;e hunk.. h iri hni lln thP
rr.ntiiM wlmrr It wis su,l ni ilati- heYl i.Sb
ih lun the Plnn t.-uld Iw put into .,pu?"
Cnlni Oil Company of Calif, .rniu qiurie i ,
S:i pajftb'e October 'JS te steilt of ret ,i ,1
Ofteler 11
H II. Krmklln Mnnufai turtnir 'tiipi m
nuirtrl 1 p.'r cent ou t,rHfTr(,i pu. ltb
N'nmlir 1 te Heck of r, 'elr rVte, r i'n
Oeiwral Astihnlt Cempnm iiu.irn r, tl .",
(p. p. r centl en pri'f.rr.'il puj.ibl, ih ni
bur 1 te btetk of ri-ienl NemmhIi, i 10 i
Economy and Fidelity
We take a keen interest in Betting the best
possible results in every matter intrusted te our
care. Economy nnd Fidelity are the keynotes.
THE REAL ESTATE TRUST CO.
OF PHILADELPHIA
Bread and Chestnut Sts.
in
bem!
te
t hlniBU, Oel 11 - CATTI.t: lt' 'ipm
1 iimi h.-ail Ooeil t. bent juirluixs.
t.-.i,h. b"ht UBhts una tn'minr unt hmts ,
.i,.,ii ,thrs slew ie inwr-r inp M-nr- isusiii a rlpi
,,... jii sn. hulk b"ef nt"-i. lull ll Tt. l ' ui1.iijph which
Ht.,i k liulls anil cah.i ht ii'U si-i'k.rs up. I 1 ba. rnihir weakened
Iamb
luriifl
NEV YORK COFFEE MARKET
New Yerk. cr. 11 -Tli.- f-atiiie if
., . ...... f.itnri.i. lnnrliiM In tin' carlv
rrnillne wiih the luck nf tlwiuiiiil. whlfli IT 7.19s .10
c.v npiiert iinlTj tci n 1'n-iii mini- "i"--ntnr
te "IT'T -"tt"' nt n 1(nw'r ,("n'1
I'lrht prici"- "' - ,f) " l'""llH ''t
Inwcr Sen"' f 'li" "PUInK "UK nt.
trll.iitr'l tn N'i' irli-nn- inti'ii'htu.
Traillni; in tlu luti ninriiiiiK wnn
rntlii'f iiiii''. '"it Di'd'Hiber fn-cineil te
be tiiitliT pw-'-ure frmi) houreon rlecely
rnntiPftcil with Krazlliiin inttTcNts,
...un.. I,',nnn irn lu,llvlll t(l llllVC MH-
Mllli' .u'4" ............ - - ,
ini'itliH. I).H-em..T Held off te 7. We nn.l ' Vtf'B P
Mnv te 7. !. or H te 7 pelnth below i
tbe inltlel tiRiirfK.
iW
"f
f. . ifrs wial:
ilnil-J Itprrltits 'Jrt flOll Sli'S.ly. I,u
..i- tr '..iril.ne Tep i'l heavj wcIkI
$h 11111. Mi, m I'ium wi'iehts. s ilRfll" IlKht
w.ishis $H .lilfiSH.1. Ilnht I irhti. 15f.
K 7H hnivy packlnK sews arnneih IT .1t
irktnt sews reuw", evi ion
:m
PIIKni IleculPt". -" """ li'"'' 1 Mt Hiefp
Anil fin nutlV" lamiiH. -. nikiivr rsrusr
Limbs llirn, fiirly sales fut nathe lambs tn
pa.k.rs lii-uc'y JH.tedti butehnrs fii an,
iheb'i U'7-neunil fill ewis, H IS, ffiler
t7 7.1
IMltehiirsii. r..T "ct U HOOS it...
rflpis L'loe hffl I-eiinr HcaMch. ii 'JVie
ti n hmv yerlicm, lldht erksrs and plus
tU infill (10
6IIKKI' AND LAiftlH necflpts. r.ne
hcHd Steady. Ten shep. JS.Ke; top lambs.
lt0 head .Sttud
Pri
1 linn i i
Ulilu
TUUATT K
Iiii mbci
Jtsi'h
,H
Ju
I
im
'Ill
M 111
I KnM nnfTiile. N. V., Oc.
7 ,111'rrw. , k,,., , r.nmf
7 !'J',', I ( bIvks rrcelpts, 7B head.
i . ,iiS. ' " 13 n"
11 rATTI.i:
fuerin wild. i.ctJrr..il In I.ibcrt
wMiti ay wis ..till iui.,1 i... i..wi .'M
bank se.llnB This Is a uiii Mi' '
ccurriii.. urnl piclMbh would net have
aud a rlpple In the market but f.,r n,r.
Iiaie npLurrt-il and wbiih
th" txhnluil tmsltlen
BANK CLEARINGS
lliinlt clearltik's tedn remp.irul wuli i n
spendlmf day Ihst two cnrs
11121 lli'JO iinti
rhli.i -l1 imn.nne jsii 7117 Mm tui in,j :1m
llosten .. 3R.r.t..1fi2 Hei da - J M'J
1'lilcui.e . 7 Hill i Holiday
ll.ilt'i i.n "I ill.i ll.illduy
'. 9..
uf thn I.lbcrt lll,.rlil.
Transportation sluirfd wen hiav nt tlii
rirnlnt; of MHtrrdM's tnerkei m th( bearish
liiternrrtntl.iri plarud by traders en th. nut"
com of rnnfrrrnies 1 lv ecn riillre.i'1 eiccu
iivih and M iiHhinitturi eltlrb.'s reKardlinr
isllreiiil talis and winn-s. n-Karuiinr
Ai irlnm 1,1 Ir.fermsttnn rprphi-d ut
ili piemlniTit elflcKIs nf the Amerlrun
Jk"." ;r'"'.r ","" hil,J ''eeernlv dni'iir-.l
thst th ilU ib nd en lhe pier, rred te k will
net b rt.idj.istrtl durlnx tin- current 11 ar
und that prebab , such 11 reailjusinient will
nsvtT b nrcvssiir). It has been wldnlv re re
tjerteil In the flnamlal district that th din
Ounil en the pr.-fened nlmres In closely n,.d
up with ihe nw (Innnclng that the corpora,
tlen ixpects te undertake.
U. S. Certificates and Treasury Notes
Int Jluiurlnit
I'ain Date - . Hid Asked Yp ,
t'll Ii..c IH-'I Mt t , -,
r.i, Kih ni.".' ion 7.;rj inn u 3'. 4 jm
1 Mar. nrjj .. inn', inni, 4.,.
t:iS Mar 1H2L' . inn 3-10 10(1 l-m 4 i
r.; Mar liua kki 7 in lenn-iii 1 ss
IMS June III2J 11)0 tnnil , -;
r.'A auk Wi . .lenv inni; , h
im'C Hi pt tfttfa 100 .-.-in ion 7 in 4 7
t'.M, June 1021.. l(il. Iinu -, .
1MU Kepi 1112-1 1004, inn'i R -
nrftiin from normal Kedi nil 'nnmn iu'
tAiii'ptubl,) for puymunt et Int,, me ,
due en date of maturity
l,l!.W!i'iHii IB iiWlM 'ID mUMWM II Wll V'.Jl
I FOR RENT
tsj Chestnut St. Near Brend
1 Breker Offices
n
W Fully equipped with fixtures g
B includiiiR beurd and wires
The lemparatHuly quiet niinlltlnii In the
Incomet v market has la rite ln Hue tu
the failure of deiinstli reads te eh,,, , .
iters nt -,iiy 'ensdquence accerdliic te an ei ei
planutlen In flitHriilnl ilitUs. In ?, suiniii
u wis exeirieu mar tne carrlera wuuii 1
i'h.1.. ..,..1- ...,.i. ...i I '. .L'J ".' !!. '.' " r..nvaniiai oilier
........... . nu ....,.p tf,i 1 uui'irren maintenance work and euun
arndt-s kIeul nml w hi, .1 i.- i...- ... .u .,......"'. ,l,,l
-.- - . .' - . --.. , wu, ,r,r 1 inuiH .11 nil" ..in. iiiii. i.nr
PI
sTV
el
Immediate Possession
Reck Island te Issue Bends
Wnslilnxten, Oct 11 The i'IiIcuku I! 1 "
Isliinil 1 ml I'acllle was uullierli'.iil h ti,. '6
Inlbisiate Cemmerce Cenim'gHlnn temn 1 , II
lasus $1.00.1.000 of Its own bends for tb,. V"
purpusi) of patlng off nblliiatlens of .1 ml, m
nldlsry, ths llurllnuten Cedar Haplds n, . f
ieriiieiii
MnshliiBten, Oct II The Interstate I'mn
mere Commission apprnvnl tne unull, m .
,,f the Ciirelln.i. Cllriclitlelil und Ohie Hull
iitiil fur n (leiernmenl lenn tt 11 nnt mm .
lers for al'l '' carrier In rncctlnif Its tniilin li.r ,
ctlve and ste nil
n d'JOOt
Demand
Cubits
S.bSH
'
a.ntt
l.UU
irs
st.ea
KS.08 day,
nar sliver
at 42'sa
BAR SILVER
was ', a hither t T.mien te.
neus
hiiiher
ers and
ITQL2B.
H.
lle Ipts, P0 bead Ai ll '.',
Heavy mixed terkeis llnhi oiii eiii
plKi, 10. fill few at 10.001 roughs,
!Bt Htass. Itvn.
EP AND UAilUH ntcelpts, COO htad
Active and unchantsd.
prompt setteniini with the mini. f,,r . i,
di'r.il (ontrel perl d Inn pre tnted this
HieMi It Is sa,J
The Market Htreet lite und Trust Com
pany stockholders, at their annual maetlnif,
te.eiected four directors lyhbse terms had
r.fiiv
Paris Bourse Irregular
rcrls. (let ll Prices n -led irrenu i.
en the Ilourse today. Three per rent rinun
II frnnes (1ft centlmssi exchanae en Inden
R2 francs fii centimes: A per rant lean, ii
francs 45 centimes. The del'ar was dueted
at la francs 05 centimes,
ft Mastbaum Bres. & Fleisher
1424 S. Penn St.
.yaiuiiaiAKii mi ii m m nrn bi i wu mm m
,! - - "
N. Y. & Leng Branch !
4s, 1941
MORLEY, WOOD & CO.
333 Chestnut Street i
Members N. Y. I 1'lillu, Ntuck ICxcb's.
Banking en a
Business Basis
Getting the most service
and satisfaction should be
applied te your banker as
well as te any ether busi
ness man.
Conferences en business
subjects, advice en bank
ine; and financial problems
and the efficient handling
of accounts, embodies a
valuable service te the
business man.
Open an account here.
Third
In the Center of Things
Opposite Bread Street Station 1
Organised ISOi
T
I
V
-.'r K t Ji r - r
4m.i -.
uuSKlHsSr.. .Ji ,
Jdeumimimwmm
rHMSHSB