EVEiS'ltt PUBLIC jLJbJDaiill-PHILVBlOLPHlA, lWJLDAY, OOTUBlfiE U, mil J. I I m rt K b it m b m fl H VX k Seuth American Bends for Investment L Seme of the Seuth Ameri can countries arc in a posi tion similar te that occu pied by the United States 100 years age. Their great natural and undeveloped resources pro vide a potential wealth which compares favorably with that possessed by any European or North Amer ican nation. In such countries opportu nities for conservative but profitable use of funds are obvious. Wc shall be glad en request te submit recommendations of Seuth American securities. H'rifc ter Circntai Xe. E-hl ADVANCE IN CRUD 1 NEW YORK STOCK EXCHANGE TRANSACTIONS 1 Hemphill, Noyes C& Ce. Member Naw '."er'i 6ecl. Exchange Franklin Bk. Bidf;., Philadelphia New Yer IJo.'.et. irrjn;en Buffalo Albany S mute Baltimore ' OIL HELPS STOCKS' i i Demestic Greup Scores Gains.1 ' Remainder of List Moves i Uncertainly New link, Oct. 14. Oil- i-eiiUiiuftl i te be t he i-ciitc- nf attract ion nt the I epeniriR of tndiiy's slfteli market, (tic ' fnri'imi rjreuji licing Miblccted te further j tiiiiililnrliiii. Royal Outeli levt 1' i points nuil 1'iin-American Petroleum i iinil lli-neml Aiplin1! also were lieuv.v. I I'lllli'il Stare Sir-' ii'ilctcil only . illirl'th. lull V.iiPi'i'aii Sueur. Alax ISiihlicr. Hindi MiiKiiPte mill Virginia- I'lii'itllnn Cl'cinlfiil leit iiibstiintinl iidptletis Nntliinal I.pikI. Anierleiiii ' I IiinppiI incfptrpil ami Virginia Iren. Cnnl iiml ChUp featured thp few strong I . sliiir""". Cpiipv.-piI tin-eats of a rnllrenil I Mrtke s.ivp rall nn nnvttlpil npiipar- ! J ani1", l'()ii'iniPiits were firm. i Additional mUaiicps in price of I i mile ninl i-pIKI tii"tihicl-i fnriiMicil I , the b"-i!. for an n.lvmiee In (lemctlc '. oils s"verill of lliese giiiiiili;; ' te 1 ' ' point". 1'.1m1kmi lb- uncertain i-mv.--iiicnl of tin- eppni.V' ceiitllllieil. Steels Special Service in Ohie Securities Members New Yerk liosten Cleveland Uolreil Chicago Stock Ivjclianjrss N. V. ( o'te'i F,' hanpe CiuVave Cemd of Trade l-J.-l( tifii; ( Pricatc Wire OTIS & CO. NVw e! 1 ile-tnii Ditreit. I iiiciiinuti. t'eliiinb.is Teledo. AIren. Yutinsst.iwn. D:iU:n. Uenvcr. (Veritl.i Sir;ii'.s United Light and Railways Ce. Ten-Year 8- Bend Secured Nete? Tins Company serves, without competition, 55 communities with a total populr'ten esti mated at eOO.OOO. lo cated in Indiana, Mich igan. Illinois. Iowa am! Tennessee. Pnce te Yield About 7.90' . Ceiiiilcfe ilcac. ntl'ei- en ret ie.il Bonbright & Company 437 Cheitnut Street Philadelphia New erl. nnNlnn Clilnim. li-trtilt I iieuuht sei.n qietkh lj United States srnment iECURITIES Geve Si m t:iri HIT MUM) NT COMMf'RHAi T'UST I Company t II,-: 11 ll- Halt 1c, J Weil :0U.J)CSS? Mm ' " Cly I ft .mil rnil i v'n.ieil i-ici pic cil lit.t im V'eiig iip Initer AVe-fcrn I'acllic pre iii'veil 'is loin points ,unl f "jiti-nt li'il'i'unil "f i .lei,'' eveu points. I..'s inter ' mi attmlieil te the '"crepe.'.n Ifiatleii sreulng out of tli S'leim au.Til '1 lie specnlat!e ele nip'il en 'lie Stieit. bowevev, analli i ili-tie.'il te Hike tn clll nts siile el 'e innr'ti'i. epei-lallj in the steel i M.ilitiial ninl al lie beg'nuiui: e i 'i illness the t 'el steep was effi'ii'il !l 'iivse volatile .it ilec'lning price.. !' llilil '"ii Slc-i "f icMcil .eie i "Hi', te ":'.. anil Crin-iMi' sustnitieil i lie 'il.i ' les. elcmi I'l-li'iilciiin was . .,, Iijc 'ti il of bear ntnl,. but iii , le. iii!, beliglil by iii'lile lllteiets. l'te.- Hie l'ut few milllltes htrntlgtll eieialeil in prni ti"iilh all iiiiiricr mill lipfure tli" cml of i lie lire limn .-'ii upwai'il nieieiiieni uus in ptegrc . 'ili'li xui- iiml (Oouefiiceil in t It. Vni'Tliiin ill slm-p". Mail' ' l'i" tin ks. lip 'minis Cesilen. White Oil .'tul 1'iiie" (ill. 'cte in ileiiimiii an I innile Miltii'i"' s of one neint or inei'c Mcsienn I'el'elp nn I e .pmuleil te tlie ving iiml in" from I'll- te abeu 'M I'lir ie"i .'iiliisri aN lifter bc'nr " i I .it -u'i-1 tiitiii' ii'i I'-sien-, .i'i'e ii 'i ii'.l "e'n" in lieiii" t'ie "iron" l !."( i""i.c. miii ran;ii"4 front sij'i, "7 N. ii.iin''i', et itiiln tiini.. iiii'i'Mlini: '. ii-r'ciin S -i.'i .ml I'lit'il Stat" ' ib'ier. 'vei in "ii lply i or a time, but n" i a simii '.nuiiii ti'n.l"iici .iii' "Vi'li'il illit i ' le""ps. t'.i'l inene' again leiieweil at "ix i"i rent . '.oil leailing interests pre- I'ifi'il tha' rlie eal I iiienp nuirket will, be eii"ii" en Memla.i . Liberty bends i were ' nn jmil Seabeanl Air Line Is-i "lies inailc fiiitln'i rei'OM'iy fiem yes.' ii !;.. iv's -I'vi'i .' ilecliue. i i.C. (.SHARES LEAD () LOCAL EXCHANGE irlivr Buying bends Prioe Fractionally Higher Hail Greup W'eal: liitiiP"! Ill teil.ij'" eiieii 'Hi tin , I i.'i' .toil, eichmise 'ii" i ii" re I ' 'a i'" in I'll- ntililii utilll' i:reu''. ' In- h nn. !"! 'i llie "li.i.e- "i tl.- i I i pi i:i" I'iiii iiti-inent '- i.i'i.hh . I ii iei ;, I.,- ,ili ! tin l'"i .or i'-i-rn li-r part .' llie ilai. t- prl- ping 'irj b i ween :!:' nt'il -,!''ii an I "O.Uim .1 gam if a half pm.ii. S- utiiiipiit tevimi the "hnre" has ibniM '.(-" l.eeii i Iflpeil liv the ih-i i"ion of the Ni v. .Ir-rspv "t'ei-t rilln ae. allexviug an i Uhl -ictti fare te the Public Servic IS.ii'wnt Coriieratioit. in which the I'nitPii (iii" Imiirevempiit Company 1ms' iii'erP"t threugli it" ownership of the I 1' iii Siiviie t 'et ii-rntieii -haie-. 1'' li.ieelpiiiii l'i.- t'i. -'ii'iieii Ami -imiI ' . - l'i i "ilil" ""llMlt p-e--- . -ii-l I--.-I-,! ii i- in n 1 1 i l'.1"' ti .. ; - i. ill", .''ll . "'.lb of ! .'!' , - " ii ' III I I'- . " II l'i e j ,i- liistii.iii"' ' nipinj of Seriji v. na ls' .i piit-i of .i isti-ril.!''" i I'n. and (Ipneial Aspha't wii" uiiuKp.I ie i point. The rai'read gienp wa weak. Met r.u- e!i'.n- wii" of l.ihitfh Valley mid !'. iii.-'i-.riiin. The former was off. fit , n- til i it the dn. mere than a point, i iii'p reniisthania acrlficeil a miiiiII I ' ii ii .it. A sale of a couple of sharps .1 1 el'u' Navigation was unchanged, i Tinetieii" wpi'P miM'd. TIip prinei- I n -ni ie'h of I'liilailelphln Traction i m! 'I ) ii rn-ntli and Fttteenth strepti. I'a-seii.-er Ilailwins, the latter In ing i, lu-baii!: d ami Philadelphia Tiactien .I-' u : '. i a pei'it. ill- U'-uu-i mi'iit of nn order fei ii.t. :i i- 1- -n'e'ivps for die Ar.'Pit ii .".I ,t Jjiii' 'as h) tie 1'a'ilwiii . iJ, ,it v ''nn e:ix has nppnn nil' n .,i i . .: - d n tin- le' ni mi.il,"t. ' ',, , ., Ii i" Hill I eM il".t I I ' " i- !. !, -i't . niilj for &.' I !i-i e 1 lli I nlH'illllJ Illi" 1" ,vi ' ter el'l' t'' H Mid ' i- """I '1' I ,. .' .1- ,.' :u-i lit ih' i ' pies' Ii' ii ,, , 'ii - i I- i of epe iitieii until . I,, dilif of I'e nn v. Pa; Infill t'O ... ni i is t Ii i -ade 'n inter'-' !.!H ten ion 3(10(1 ten oseo ion 401) ?nn 200 tee -itu .110 tee I Oil '-tee tee ion 9100 ?oe -Me tee '-tee 100 .-.oe -tee 11)11 .iien coo Hill 100 (if)0 '.'00 neil tinu .nn i en no .is II) ! Hi i t, :tn :: m ."r. id i-: hi tee 100 ii .".'O'l 'DO 1011 I0M) ".'l'i 1011 I O'l it III) I .Till tee :t)0 I'.'D'J tun till 100 fit'O tee 111 111 ten II 10 ' t en 101 i : .i ion . 'ii ii Mil :(ioe 410 I'jjll :;oeo :oe niv, In i til '0 I ' 1st 1 s 1 I Ml I '10 I 'I O'l I'll i:t)'i in n 10!) ii'ioe MO ion t in 5 III '. Ill mill inn 1101 3 " IS III tee 1010 oie CHI .100 till) no loon Sin ione 1 500.1 1 'ii 11 I nun in iiOii HlKh Adams RxDr5 " . . Advance Utimelv . . IS AJax Itubhcr . .' . .. '- .. Ahiska Oeld Mines. . ' . Alnaka .luneau G M . . ? Allied Clieni & Dye... ? 4 Allln.Clialmerii 3354 Am Agrie Cliem 33 Am Beet Sugar -'V4 Am Besch MagTiete.. 34ij Am Can '?i Am Chicle tf' Am Cotten Oil 18 Am Drttir Syii ! a Am Hxnrens 1.8 Am tilde & Leather.. I0' Am Hide & Leather pf 5 Am Intcrnat Cerp.... S'i 1 Am-r.a France Enc. . . s? Am Unseed '-? ' Am Linseed pf 9'.i Am Locomotive 90'i - Am Safety naef. . . . ' Am Smelt 37 ' 1 Am Smelt pf Wi 1 Am Steel Foundries.. -' Am Sugar Itef MV i Am SUfra- Ttef pf T4 Am Sumatra 3? U Am Tel ft Cable SV 9 Am Tel & Tel I0V' l'J Am Tobacco 1 -'- 7 m Woolen 75 Anacetmn Copper . .. 40':. Mcli Tep $ "Santa Fe. 6' 5 Atch Ten UP "f ' U - Atlanta Blr & Atlantic -) Ail I'ulf it r .- ""?4 f Gmf & iv i s s pr 'it Atlantic !'t 10 . ust n .Vloheliif ft'.- ; Austin Nlclielns Im. pf OS 1 Maklw'.ii I.ecuc .it s-7',4 Baltlmep A Oh'e ' - 4 Blllmnre & OU'.e pf et 30 Harnsdale ClaB A . . '.' Uanisdak- Clna 1. . ''!'4 6 Beliite'.i',in Steel B.... Z',i n Betlilelipin steel "t Pf !H"? limns Term 3 t CriIiIe ( t.il O . II I3H 6 Callfen ,,. i- . -ii 0-1 . .1 "anad an Southern . . 10 Callferti a iM.ui'uri '-' 7 ''.iluerMia IMrel pf. . . s'j 10 r-n d-ar 'a lie . . IP-'fs Central I n "r ' '" s ''(titr.il of V .' ... . IM . Ceire.dc-lcu ' 8 Chnndler Meters . . u3i Chesapeake . Ohie. . 34t6 Chicago & lt West 7 CM Mil & St P. . .. !''. Clil Mil & St I' pf 39 ft Clil & N'erthM.elern . 63 ' .. Chi P. 1 & Pa-' .... 3?'.- 7 Chi T. t Pnc 7'- pf. 7ft Chile Copper .. I.'i Chlne Cenner ""'' ciet C ii ciu sit L l'-"'t .- Ce (.'In ciu & "ii I. p. f-7U Cecv-Cn.. . . "'- Colerado Fuel i. Iren "lii Cnlutn Has & Il-ee l . Celum Grap', rpuere 3?i Cel (.traplioplienp nf. l'!5 Consolidated I'. In? " 7 Consolidated Gai s9" .. Consolidated Te.tt.lcs. 'f'U ft Cem Products Kef. ... '? 7 Cern Products Ref uf.li'7 33: 10 j t fi'l-, r, '"J 111 r:. i i " , i' ii r: 0 17 7, !3 -.1 0Tt Lew 47 13 t' 1:80 V. M. 47 -l'- Nt CBKC. .'l.ile i.sn Ceaden & Cef. 4 Crucible Stel . Cuban Am "iisar . Cuba Am Si'sar p' Cub'in C' ip s'ligii' . Cuban ''ire rfiiear pf 9 Delaware & Hudsen : lXtrelt I'li'ted flny I (leiur M'ii' rt i:inPT30ii-Br.iiitl: 5 pf 5 Undlcott-JeliiiPOli . Hrle Er'.p 1st pf Crie Cd pf 3 Fameua Players L. . . g Fisher Bedy of O pf. . Krcpert Texas .... . Gasten Wins . Wic General Asphali . . . 8 General Klcctrtc . . . I Geiiera.1 Mo'ers . 0 Gen Moteis en 1) 7rr . -7 Great Vr.rtl'.Mii pt . . . ll.ulieP & Bail-.r U.r llo'isten nil in) nut. an Uffln.nf e India iem.1 lletliiirg In plrat en Cen Cep IntTb Cen Cerp. . . . lntci'bore Cens pf . , 1 Int fiaivester new. Internat Motertruck. . . International Nickel.. International Paper . . Invlnc.ble Oil Cerp... Island O.I .ten el Tea teive! Tea pf. . . ., .lei"s tli us Tea K.i ".i" i"i'" seip; .. . i. ft. ( if ( ii 45U 33 ? 33 -' 34i-i ?0W I0!s ISH m I0V4 .u 31 li SH 24 i 40 t 00'vj 4i 37', 7S 34 J' AS'? 73 li 36'. 50,2 10K I'M . 74 ? 40's '5 .h'ii .'O'i ll?. 0'i VI . SO", :' is A3 S'p i'j ri t'3',4 4R VI ST8 ltli -.014 tea 39 vj 40 S4'4 7'i, 35 :sv2 e: 3'I Vt 70 fi 4"' !'- C7 U -3H 54 t.11. :t'2 n',i 'tis le?i ",H I 7 33 Vt II 4 'j I- 01. 0.7 '?. : i :t". '-'i ts p: . 7 5. t7 13?. 4S?4 33H- 33 -itji-34fj-26 iv- ir!',-'r 18V4-4Ji-13 - 1 te' ai 4- t 3?tt 8M 34J4 49! 1- 1 90 4!. 37!a-l 75 34 Vk 53 -a -73i- IK 0). UR't 134 'j - 78 -r in'.i ;- 80 ! r -' H 14 ' Div. !'m In lllirli 400 Kelly-Sprlngfleld Tire 40 , 189 .. Kennecett Copper .... 2!4 80 .. Keystone T & It If, 4 100 s Kresse S S 1? 300 . Lackawanna Steel ... 3t'"i 800 s.je Lehigh Valley !' ! .. Leewe Ce 13 100 Loese-Wiles Biscuit .. aH 300 7 Manhattan Kiev guar 100 .. Marlln Oil 300 Marlln Rockwell 300 ft May Dept Stores.... 100 j May Dept Stores pf. 30J0O ia Mexican Petroleum . 100 j Miami Cenner OS0O l.oe Middle States Cerp. ii i !4 i i Ml a i y 3 'n .7?iv 10! - ts:- 8'.2 65 i K6).-37'i-:-S15i- 35 : Mil -r WW 3- -: Vli 052 ' 4B ' 43 - 7'i tll 2:e , 191 39 , 4U',4 34t- 7'f 3514 31ii 67H, ' 3314 79 -13". -i v4 31i 07 ! r r,i, , j--I'i i :- i3 a i- 83',- t V ! ! 781,4 4 1 lt7 I- i 331-4 4- : 9H II t0"- I.O'i- i K.t '- " IS'i I 34 - ' '!'. ' l J4 ' 13 5H'8 ' C7t-t- I '3H ! 3000 3J0O 1400 100 100 310 tee 800 ine 1800 310 100 600 109 3600 00 70U 300 iH'ir.ii 9510 hOfl 100 1300 590 600 430 100 3610 1.111) 1300 400 1100 soe 401) 101) 400 00 .till' !1! no tin 6(1!) Mtdvalc Steel . . Minn & St Leuis . Me Pacific pf Montgomery Werd . . . fl Nat Enam S ( National Lead . . Nnt It n of Mcx 2d pf 41H 35 54 84 103 4J4 33 13IJ '3J4 OH 43 18W 41 70 4':, Nev Cen Copper UJ4 New Tork Central.... 3Je . . New Tork N II ft H.. 13? 5 North American ctfs.. 40Vi s North Am ctfs pf. ... 35 H 1 Northern Pacific 78 5 Neva Scotia SAC... 34 Okla Pred & Itef -Ik I Orphcum Circuit 18J . Paef.2 Gas & Elee... en Pacific Mall 9',z Pacific Oil 41"4 Pan-Amer Petrel . 3"? Pan-A- - B ... 39J Panhandle S'i 2 Petms- .mi. .ai i; i; r.ii'i Penn Sjabe.ird Steel.. O'c Peeples Gas Chicago. 50V-; '2 I ft 7014 '.T, 13?. 4s'i 13?. 3 , lf.'j (1 i eyA ;i 1.7' l'?i 3S ;t. i 'i 13 3 s ''. 10 " :. II '.31, ".I'n l.'. ;t?i t it.., I -.a li 30 -I. IK 4SJ4 J ! li. iv- 41 3578 - 35!.- 9 - 1 .1)0 Mil 3 1 II 1 .1.111 3 )IJ flilll tee 13s... 35 '(I 10(1 cm tin 3 1' till 3 'I. 43 M .1.0 45 : 6011 14000 Ml .135(1 1.100 13000 19300 h:e t e 131 .11. I .1 5 ." II'D 300 10 . 301) 51) nt 'Mil K.0 r,.1 iii 3 I') 1 1 ') 3)11 I'll) I II I -ill ?. t ! e s no ion 3 (I 3 DO ,310 7 AM 300 100 3310 100 ID') 13 .-II (1110 :tl9 19 39 V 8U HV4 -5 1 . 7?. 461, 34 j 31 lit',, 13'-. " 14 70, 4fllv 8!i 4J4 12 33 J '.214 314 6 19 iru 31 J 5814 10J4 ifl- ie? ; s-. ,nd-,l Oil nf . J BfU't '4 Pere Marquette 3 Philadelphia Ce . Phillips Pet P erco-Arrew Moter. . . Picrce-Arrew Met pf . . V erce Oil 3 Pierce Oil pf Pitts & W'eM Va Producer A: I?"i't'r. ., 1'Uhllc Serv of N .1. . , g Pullinin . . .. Punt.i A'ere Sugar. i Pure Oil Itsy ien Ljnper. i t; ,ltllll5 ; P.cpui'llr Iren & Steel. P.- public Meters 3 Ii .1.2(1 Unv.il Imtch Amer... SI Jeseph Lead St Leuis San Fran... St Leuis & a W P. It. . seaboard ,tr Line. . , . s'eabeard Air Line nr. elya s-ltecbuck Seneca Cep Cerp. . . . Sliu-.'alr Oil .... Southern Pacific Southern Hall standard oil of Ca! i St.i-dard Oil of N .1 H ', ..tere Bres pt . . . .SI . sie.vart Warner Sneed '.'3? : s-.Udebal:er 3I? 1 i-" ibmarlen Beat Cerp. 3?4 Superior Oil Cerp -.i . . Temter Cern & F "A" 7' 3 Texas Ce 40V4 . . Texas & Pacific '-3 1 Texas ft Pac C ft O.. 36?; fl Tobacco Products ... 1'4 n . . TranBcen Oil 9? .. Union Oil 33',- 10 Union Pacific l-t V 4 Union Pac flc pf Cl'".' 10 Pnitul f'lg.ir Stores.. 130 H United liruu S 0 Ui, te,l Fruit i in t t I' I'll R".i!l s,m(.n, 3' U S (' I P & Pdv !"a 5 I'Si'l P ,t Fd pf. . 41 U si l-'oed Preduc's . . . -U U S Realty & Imp 51 .. . U S I'.ubber S US Rubber 1st pf 81 .. L S Smelt & Ref. . . . 33 '-, U S Steel 7S 7 t; S Steel pf III)!;, 2 Utah Copper 3, Vanadium Ce-p ..... 30i C Vii lien Ceal & Coke. 8 Va-( ar Chewliul ... '.8J4 . Vi-C.i" Cheinlcil pf . 53 Vnjudej Ine . ' 'V.ibasl U W.ibahb nf A " f'"j v i st..r i M.ir.v laud . . 1 Went Mjryaild Jd pf. IS--1 W. stern Pacific "O'j 7 Weal' in Union Tel... 83 U fi Wisl'iii Pacific pf. .. . SSJ'j 4 W.stingheusa E & M. 444 .. Whaling & L K hji 4 White Moter 35 t . While Oil Cerp 13?4 Wickwlre-Spencer Stl.12 ; WIImhi & Ce 3?J W'.iljs-Overland .! H iolvert',1 r' W lift i.i Wngbt Aero 7 j. I7x-u " H. r '1 f.OK' 40l4 33 HH tfi?4 3 Vt 54 13 31 4 41 H 15 614 83 103 1? 33 13 U V3i nji 4f2 181-2 41 76 4l2 Illi 73-i 1294 41 14 :isr. 7414 34 25s !7Vi 59 !j 40?i 40U 3S .. 8". lli. nn 31 t,4 in 29 Jv V79' II v::w ''A !SU 24',, 21 OH, 'a .'i; 8". 1' 'A 09'. 48s s'n .1 13'4 4 (I 19 I ' "1 14 7", 19 it -.9 1 1!-: ' 81 .1 ' - 70 y. 3 7Tb 6 934 '3"4 ia I3J H 31 lit)?, 16?', i:e - 8 ' 0 .;) i 'i 4:1 51 ra '6' 8:i S3- '8'i ll! .'.2'i -Il7c S5 2"le v U II !l 103. 20 . 3? 5S 4!4 :',4 15!, 12 -.3?; 113". t:30 Net I', M. Cute. 40 15- ii, 23 W- 14 tru : v 159 U - Vt 3914- '4 54 - '4 13 32 54- V 4155- ' 2S 0J44- Ji 84 - t 102 4- t S4J. 314 3 I3J4 4- 23 .i r.S 4 fi is1; 41 -s-56 4!i UT4 L 73 f4-I3i-40V1 -?-74Vi4-34 - 24 17 ' 'i - no ' AT IENII0N ON CURB CENTERED OILS V, 11 I 2 Demand for Beth High and Lew-Pricod Shares In dustrials Quiet - ii', 9 (I " 311 :' 8,; ' Pi 9' H'i L 29!4 - 2S J- it 14 : .'3'-r JV14- 4U14 - vt',4 21 ' r.4 vj : Ml 2-. .'6 - 934 :"4 9' 19 s 4 1 2 14 :3 , 3"i 4 1 H til I' 14 21 1i . 1 19 "2 . '!?! 9'4 SI - :i!.-354- 7" 0 -10144 2!i- r. -f4',4 ' 1)14-2S'4J- 2014 r 0 a - I no - is J - 0 it - I'U t:s - 1 et 16 - New Yerli. Oct. 11. Ncnrly nil the speculative interest en the New Yerk Curb today wns nttnehed te the deal Inus In the American oil stocks, the demand being for both the high and low priced shares. Cities Service common ranged from 108 te 170 during the forenoon. There wns net much change in prices, al though action wnn in progress in Slmins Petroleum, ltynn Oil nnd Klk Hnslii. Cities Service, Hankers' shores, sold, ex -dividend, nt 111 te 20 'A. Mnrn Mnrn cnibe, after yielding te 23, hnd n br sk advance nnd there was n vigorous ilo ile mnnd for International Petroleum. which moved up te 15 iu the first 1 hnlf of the de. linicna common nuiu VA nt n.'t and Standard Oil of Indiana at t '77U te 70i). . ' 'A 1 Indufitrinl ihMies were (litict. partlj I because of the diversion of interest te the oil group. 1,'iienln Meters. A steclc. 14 sold nt 1." te 14'L. and a sale of I.oi'e- 1 mobile was ninde 11 1 1. virtually double 'lits price of 11 short time age. Ln.led 'j llctnll Candy was film nt j. ? Hercules Paper chaiiged linnds nt . '; and there was wime trading in I,'t,c?s ,"! Moter nt .".'.l'i te .T.l'i. H. K Hei- ' brook wns llrm at l(P,s. ' "'"' l ; Zinc se)tl tit 12('.)'j t" 12(t. . ....... Li-r., I llti I I.". III. I !.... ' in IQa tfArhv 4 . Ll v Si ri Greup Ne. 14 5m Anne Ceal Allletl l':cklna C.-I Crmtfil I'rult . . ' 'litenirii Nipple Ii 11 U i.tnptre F'l.'tl . . . incite an.. . . TiolbrneU Hrrculcn l'apr l.lbby JVcNelll . I.tnceln Meters A . . . t,meliinbl!a N J Zlne Peerless Mt"i IVrtcctlen Tire Itndlu Cem 11 M Sli p (Jerp f S Stcnm Unltnl I'reltt .Slinrlnc t'nlt'd Ilct Cnmlv W. Mt Cnil Clicin . Ilidh I-"" . tin lid . r.. .v. ll', n, 31 :i'4 .1 LVi . JI 21 .if.. ire. . Kit, 1UV& .". .1 . H h . 15 1 114 . I I .I'Ji'.tj ll!rt . .10 'i W t , i.'.i tl.'i . J 2'. . 17 17 . no nn tr" r. i. n 1.30 P.M. UH .V,(, n'a T 25 Jl- 1 nit :t H 14'4 ICll ;ii"i in 17 31 i; 11 ii' Arule-Ani Oil 1 nlenii (HI .. Prairie I T. .-- nil of Iiul . iTAM)Altl till.' 17 .1.1 ."i"t !i; ir, The Transportation Act of 1920 directe ,the Interstate Cem. merce Commission te formulate a plan for the consolidation or the railroads of the country, and at the request of the Commission a tentative plan for the merger of the principal railroads hat recently been submitted by Professer Ripley, of Harvard. Under the terms of the Act the consolidations arc permissive and net compulsory, and the Act does net attempt te enforce-' consolidations. ' Greup Ne. 14 as above is composed of the Chicago, Burling. teru& Quincy; Northern Pacific, Denver & Rie Grande, Western Pacific and ethers, which latter two, the Denver & Rie Grande and the Western Pacific, connecting with the Burlington at Den vcr, Colerado, would give that system its own lines from Chicago te the Pacific at San Francisce, California, and via the Northern Pacific te Seattle, Washington, our two largest Pacific ports. The Burlington originates heavy traffic, and the Denver & Rie Grande with the Western Pacific property would get the bene fit of the long haul te the Coast, the profitable business, and these three together should be of mutual benefit. Moreover, if the Burlington interests leek upon this grouping as satisfactory te them, it is unlikely that the ether reads would oppose such an alliance, as the Burlington is probably the strongest read in the country and reported net averse te the grouping as proposed. Re-investment suggestions will be prepared en request. Harrison, Smith & Ce. INVESTMENT SECURITIES 121 SOUTH 5TH STREET PHILADELPHIA LOMBARD 6100 liei 7li' I IM)KI'I'.M)I'T Oils v;i M linone Oil Iloiten Wjnmlnc . I'arllj Syn ltli-s her" (old) cx-llv. . .17') Itli'n Mer "ll" ctfs ex illv i'n S9 -3'J'i : !i! : '3!-3)ii- S -i -si', - - ti a -f? - 0tx - 2 ' SS - 1?4 !4 33 14 t 1 14 12 - M4 i 1 . (''mien 4 Ce pf K.lmunaii Oil !u i:il( IlaMn Tct ... U Hnclneers Petrel . . I' Federal Oil H fllllllnnil Oil Pi Cilonreclt Oil ij Jut Petrel . i.hlnsstnn Pet .... Lyens Pet MHinciillin Oil ... . .Uerrltt Oil 4 "fr'ilan JVt ! slee O.t ! Iii". l R.f . .. . 1 tint iln PreOjvH ' Niilile iildn Kuntfer . . , iiniHr Oil ... . 1; ltMin i.'eiik .'ill i'r-el( Pred .. MImmi Pet Skell Oil TX"ll Turltrnev . . lrterl.1 Oil nv . Yllce Oil .. . it ' V Oil 14 .MIXISI. 3','j I Mvaide Mm 1 Ji 1 HIk LeUite , I IIOKtO'l ft Ml'llU'i . . , ' t nrpii i upp-r . . '1 I'eL'ii-r i'nn.nn '4 ' uric- si'- rr . . 1 ''rei-ii Culd . , HI' Id- JIM .. . . 8 Kurpka rrnimm 14 ''le'itllelil P'erciic- . 1, Held Mint I.h Ilu Mining Mm oil Mlnlnc .... Mnlher I.ode Clt .... Nnllennl Tin NIplSHln Pitts Mt Hhmta Rex Cens -Se Am I' A G 1 onepaii iicimeut . . . . . . ..l...ll 1.1. UU , , , WfHt Ii'l Cen Vulinn Oeld I .100 . fl'i . 3:1 . 1A . lVa . 3 'l" l.-.'n .' Pi" 1" ;. I ins l!i, I P.". fl eTi l. til, 2Vj l'i ':":"" in 05 tr, S'l n:, S'J fiii 3' 4 03 7 'Pi H'l :i' r.j liei 77' .Ni 170 L'OU t tin n'i 3.1 i? l'i i.y IH !:i"i in : 1 :i ' ii H'. pr, '!' , ll' ".0 7 .Ml 3'. i'iL' jj , '-'?4 IKIMlN FOREIGN EXCHANGE N( Ycrli, Oct. 14. 'J'lie nn ii.iik (iiiutiitiniiN for foreign cvt'linnse nIium-iI jjoeiI gnin" ever yesterday's tiniil tic tires. Sterling was up l'fce ne,. but mnrls were quoted unclifiiiRed. . The (ltiotntlens were: Demand stcrllni: 3.Sti, cable-. O.Stl"... .' franc cables 7.'0, clieeliw T.'-'e: lite !,. e ni ..1. ..'... .1 1111' . C.t.... ... , . 1 !...!, 'llllll'N ,1.1'i. I'llU'-KB .I.I'"--'. -'"m- ing ns mainly local. . Bu'i u,"t ' cat)ies is.SO. checks 18.77; snildei Commodity Markets GRAIN MARKET Oiicase. t-et. H. The whwit niui -ket wn excecdiiiKl.v (lliel and inclined in be nervous. There was some geed cnniini-"-ien lietn-e buying while the sell- ical. A geed bulge . , 1...1. ...........e ..r Tfu.M . was scored, enny. mn n.-iu'i" " cableB :i;i..TT, checks "Jl.IVJ : peseta it.i ll'IN. itn :M n. !ni inir. SliiiminK "al' "s. 'i'l.e M:.-.l,.7..r.l ii'l-trteil I.INMI...OU 'r.. .'.,! ..M,.N take,, ler .-xperi. iip.Ii.I Miml- - j? i 1 t.. ' 'I'm- III! I I III lllllll Literly Rrjndf all il.u-s Rui-.lil nnd Sold Uend of small dr.nominatieiu cinbei! Wl6lN(R RL&Q.PHIlADUPtllA .tnW PiJatrVMl "' fis:r lirk S.Wx AarujW HIWVJH lUtAJlTHHJ. lint u- I li.l.Mliell 1 I i.l ,-!C I .'Hl ill' t" 111" tl - , ... ,, i.-,n nun. in im b ni . . , 1 t'.. I. b 1 inn! Vii t" ' . ,,, 1 ii- I' ti iii'M'i- ... . ., ' .e,id In-! -r I "" . . - . . 'ii' 'i.i'i " lien. ni SPHtl'in and an embargo being jilacen cables H.:k, rnecits i.j..hi ; niocKiiei m , . i-itln fe, uhent lire- L-iWf 23.1.r. checks ...10: Phri'tianta agalnM (.alvesten. t nMi hat pre . y v2.. ,-.,,,,,, inliims ieie unchanged, but Uiiiinun nl),,,s m,r,, rhrcks 1S.D0: Helginn bent ns le tn '-' lilgiiei . and , ii,i,.M 7.2n, checks i.lll; marKs. .1.' ,,-ether lfli tnlk of big -'',. Tli- Central Kiirepean .mIiii.i.m , , ,.,. , in.1,,,.0,1 eie i.'iMer today nstnllews: K1.1111111 an ami i' "" " ,', rr . i'!.m,i.,n 117? Sei-i an I..11 : A. - r '. ' . ... ,. ,. 1. 11..1 . I iinsiir an .111; reii'ii . . ----"- , . , ... isii 1 ..i.i : 'i-iiii-.-Niti 1,.,.1,'N taken ler "Npen. iii'iim -'i.ini- . . ,,,, .s.Slaviiin UtH, '"",H,H- '""- , n.i. .n.,.,p.Or.U AM'. Jin ,-eril iiiari.'-i " - .- ,-i i-Iii.W FIn-nI. Ql-e'l iH'n- v,, .nine IrtljhiK HCilii't expiir, ,.,.,- 1 ... l.l.l.VT H . 11.... but Mdlini: pn ui" iin llgiit. f, .i.(..v, t.j:: -i -- , -n .' 1',,,11'n eft'erliig- t" anive wet" -inall. , ,,, , . a.3t. 7 m'j :t n :-..i .; Ml,'. , i',li bat-is Mts iincliailged. Shin- miui s nl'llMXIl H'OTATl'iN ,,:, ...les wen- S.-,.(M-0 bii-he1' The sierllnK Pr.ines 1. if Oulld' r ,X..'.l..p...lHLN...0Ol,..N,HN..,U.ni:n.... ,-m jfiV? a3 l.ir ".eit. ,- , sons' QL'eTATIONr 11,11. lulllllM'il I ne ti'-ii'i ..1 ....... Sf-rlltlir l'tanrn l..lv i,tli lr T mli. W.I. fei'l.lle'e.. I lie '-ii'ti "' Ii i, I S.S.'.'. T.i'lISi . s . iiu.'liililBeil. MliPP'IU -ll I'. i.. ."11 nun liusl'cl. 1.1.1 Net l."- P. M. ChKD. l!l III a; 7.'!i4 7.".Vi 'A 0 10:1 .. 08"s OS-r- 1; mvs my 1, '27, 25 ,", 07 L- 107 V 'd r.3 r.4VH-i m 10 ip, .tot.. :tei(. 1?, ii.-. 1.. .it :!ii 1 in in-, ii'-'s .-ir, .":i7s :'ii; t;e .".p -'"i ' - -I'X- III... II.-1.. .-( :ili . (i.i .".I." 'Jlj.l :i 11 I' ll !" a.Niil. T.'-m Federal Reserve Ratios .1.1 :i : ii :; LIVESTOCK QUOTATIONS ., i-,.. i- .mi1: I .. - - . i-;"" , , M '" .''- t - M' ll i' v M11. COTTON MARKET iin-l .-til Mm 111'.! ,-l. lit ii :.; .1 1 i- a Sew . .,1.01 ..in .1 111: w.l ni'tivi en.i a' n g-iieinl 'I" line et 7 l" , .,.. ,,. , -'inis n ".'..' 0 I,,.. Seul I, rnd N" t'Hei.lis whl.-'i oft- ( .,, 1'illMl "ll. 111.1ptl.11 tigitie. fi.im t.ie s,.; s , ,',... IMi.-r.il and tn.de liiivlns. Jn.- . ;'1 ., i -1.M I Kin' delU.rie. .111! ,. f,,,, tii.nUil lt"i iiieiill"-. l.iverpiel was a iil.ni ', Ait.e in.- ""' '"1 i; "'"; U'r.tV,.- . .t 1.. . .... I..I...1 ni.i.iii . . ... mill tlie n-i i' iii--ti .-..-.- .- i,....iin under l:iH nigln'- 'Ien''. Wl'i. It tlie iierif i"i "" " ' -.in l-'i.n.fiu W.i.lil.UTlnn '"t. H. I ''S,0 -, te n't ilipenlli 3'id J-"ni- I,. 1 t, 1.1111 l-M l..lllllllli'l. ' 1 ..1 1.1I limrw l!nti',' 1. nd . '. "i .,f iKt.-lm IV. ieinDi,"iI v -.1 i. 1 .1 .-j uiO tillli.ni -I . 1 .I'll ill'- 1 i- JlT. i'IH P nBPieiiKuss'n 1 n ' .-.111 .11 "i PI I Ol'l Ilitl'H II V .-, ag" and :ii" (Mill bale1-, tuMiii-t lit. k nan. --.titi"' bal-- " ..i17'.i Im'." Of I ti. e t . U' r. in. 11 T!i. 7S .' .Tl 77 ti Nn 11 in ; 7'J.H 711 17 1. 7, .-. t.N 7 is ; t:;.u 4:i 1 11 a 1 11 41.7 10 1, 70.11 e't 1 iin .1 n4.:i .1. '. 'in'" 41.7 M. 'I till 1 .in..". .- 4;i.( S :i 41.4 111 liH.'.' Hi.! 11 s r 1 Hn 1 ( 111 If I! I I ' "I 117 I '.1 I ". is-:. t-i.ii - n IP 11. 1 Anether Advance In Penna. Crude Oi I I !.' .-I . I" uf 1 P jLehigh Valley It. K. rr e fiuic eaiiru mi tutftui tutu trf- ter en this cempnivi. Send for a Five cupi,. SMITH, REDPATU & CD. lrii'l"i. I . Wl Walnut M I'luiu. rbODCkl Milblr XHU.-Kuir Jim ' ' 1 1 ' . I ' ilfl.-l III-- i'l mliersii, 1 1 .1 (id 1 , r . t ,ll 'I . v ' 1 - 'i If" ll - 1 11 " .. i ' '.". i- ii.'i .; Iluii-.- -is- It.-! 'I. , r.,4 f ill I. UK I 1 IN ' in ; i 11 .. J.'i . -i tin-' y f N till tllll I l".lli.liiirj:li. Pa.. Oct . i,i-!ir'"i lu.U inlii'UUf '-'1 fltlfitAllI -i nn Mirliitt' "i ' i;11 I "in -i.ip 1 "-uili. Ciil!1 H.i ..- 1. . ' . Minu-ifi-i ii.iu if 'in "'! -" f "" - s- '! '.id imim iiil,tn'-il Mi wlill.- ''uii'ii - s 11 ,ih r,1 ui ,1.111V il. lit fl 1"'. I'"' 1.' "' ' . - .1 i7 .- nrr Pi nii Ivhiilii crude, lll.i'.'i i'ii "I 11 "J . - ,s r ,.. ji tin Hum i t I .1 1 .' I'- 'Ui NTW YOrSK COFFEE MARKET u nd " . 1 II The .oft'.i-1 fiLI'iimli n.t 14 -The At i ft. pn . . j S'i'M eil. ' ''' ' "", ', inip..i.v uilii'. m,iiiuiiu uti In. r .is. ,if ,,.,,-.. uiirkii ui' ii'd -tuiilv tins .,. ,, M,,u,-i in .,'iiin. for .. 1 ').'..' I- ..ill i' ,.1'ni" lut'te i:-.U-., P.-r.'tf-l. mla. Till- m.i ;eh ll. 1 e ti -.v.- 'iiiirtlllli' Wit'- 1 "'"'. "" ... . 1 vairen ii-Ilh II.- n Klil.Il. ' le ' 'inn.' lll'l ill'". 'lis "i"i- ii -i ni,0 Dniiuuniril I. er"nt un-rM.. niiilillliU 'I til 1 I e. Ill . I'.'hel-. trin. of mineHnA 111" Mrttunei llll- ,.... , . u,lj, ,n. -1-1, ,1 i -, 111 . .-Ml O ll'B -"' UlU. I'll' .-..- i. - . I'll' 1 l". u,-,l '"It. ,,in 111-' Philadelphia blocks High 1 Alii Insiir 1!) 1.'0 Am StrH.. 7.'.. '10 de pref,.10.l JillaldLecn pref OSVi -TiiHethlcli'm Htrcl H .Wh 'ie iirin j t; 2.-, I.'I KlecSter.IOS it I !''ii Asph .-41') -'tettjen Met. 10 ".0 I I'e V A 3(11.. lOKMCiiii (' SeU.- Hut I.nke Snii (ii.. '-' I.eii Nm. -mi l.eh Vnl. -"in I'.i It l.. I I'n Sail.. -( I'hi'a Ce emu pf., -''7 I'lit'ai:!.'.. 11 I dn pref. l-iii I'liiln True "i .,5 Jim llitli-l.-iih I'assUj.l.-il i,-,i I'Jti Tone Mln 1 1, P. 71". r s I... :,:; :?., ltmVhllellil 117 i7h '. h i ic in.ul.' h . ,., I- rl- e ui s.. Ye-I, Stei .. Kv'iin-i I'IIII. Alll-.I.I'IIIA HUM) Z iiiiiii I.'l.i-rtv Iii .. '17. . . .-ir".l l.ilienj ad W- '. l.'il'i Liberty 'M t',s M-j. . .'nil I.lb.rtv :( -H, . 'j. , .' mil l.lbeilj .'id 4' in "L's. . . l.-iim I.lbirlv -lib l,s '-".s. , Mill Kibeitv 1th Ii,s '.".,s. . L'imiii Mheitj Illi -l''4s TIS. , .-."I'm l.lb-rtv 1th Pis ".'S., .-.00 Vii-iery l!i,s '':: .-Oil Victory l:l'is "2". . . ion Victory 4. ':;. . . . ililiifil) V.i.'ter l-''is :,. 100 Vbtuiy 4i',s 'Iii ."nn Vii-terv -lnN '':; j.ioue Victeij l,s "s; Uiiinii Vtur :'.ai. "-':: L'iiiiii Hell Telephone 7n .-.Illlll K'e.-llti- I'ieIi'i-'n 4n. JOOII I. high Vnllej Ceal ."h. ."ilHlO I'ldlll ll'.'i-tll.- l.t .-f. . . line I'hi'a KhvtUi' Ul .'is. . Alunuiiiiiii 7. 1 i Ainr"Vrel 0 ill'.':.' v TAiince'ida 7- l!i'fi Ilrlh Stri-I 71, l'i.'-, I'lill .S'.it It" v'i 71 I'hl Kum III ."m Ceiib Oai Ni . Copper Kxpert Sn itit (.'upper Kxpert 8i 1112., Deere S. Ce Tins (Intena Oil 7 Goedrich Tire 7s Intel liore 8.1 Vnl Ieather fi N V N II ft 11 4n It J Reynold 6a . . Hei.rt Roebuck 7n 10.M Southern lis .Seuthweit Ilell 7n Rtnnd Oil N Y 7s lli.'fi Hun Oil Te . . . . Hwlfi 7b 102.1 . . Tul Kdlien 7 . . I'n It' HnvHna 7la x Argentine 7 Swiss 3',s . . s . S nn a.i .in ,!' t.'i i, d I (.0 .-,i I". I'l 1', SJ M Kl f. I'-I l '.-'l '.'It "It .-.ii .-.N an 14 IS ).t no ;.n :,e :i.i .13 n:i t t 4 Ti i nr, 2 02 r' :.'; su "-' 31 .v. le in ie !', 4'i 1H 1 1". 1 7 7(1 7il en no un l'i I". 1 ti'i'i nn'i in, Hti'f VI', ll.l'i. i'.'. 'el1, ini'i 'O'l'. Illlll in '. n1.'. km ma iii'i n.i" in '4 Km', HI1I, 1011I, mr, 101 iei 102', lll.'H lest; fl'i. 1141. (111, t;?;, n7i n7t 7HI. 71'4 7ii n7'J ti; P7t "sii 3;; Mii inns ine, iun c'4i ns nftH 'N4 !!?, j,m; HN IH ,k 103, inn lid fi'j ii4', mji inn 100 inn H7" Ii77 117'; 17', 'i7' 0714 I'll'n li'it.. HS t'i i'n'; pet. CHARLES E. 1NGERSOLL STANLEY E WILSON . A. D.SWIFT . . . DAVID R. CARSON . ALBERT H. ASHBY . WILLIAM POST Prejidsnr Viec-Prcjuiciit Cashier . Asji'ttanttetJiePrwiJcnt . A'ii'tant Caiht'er Chairman Executive Cenimittes W Central National Bank of Philadelphia Chestnut Street at Fifth Capital $i,aco,coe Surplus and UndMdcd Vrejiu Earned $4,400,000 The Principal Industries have been the object of our recent reviews illustrating their condi tion with details from represen tative enterprises. Wc invite in quiries regarding stocks and bends of dny description. Wc recom mend jiuicliasc or sale as circum stances iray justify, and answer each inquiry with all speed con sistent with careful investigation. WALTER J. SCHMIDT (, CO. Mcmben Consolidated Sleck Exchange of New Yerk PHILADELPHIA. 1323 WALNUT STREET NEW YORK: 30 DROAD STREET: 319 TIFTH AVENUE DIVIDENDS DECLARED -I'n - ii '1U.I'P'- ( r- i.-j I 4-1 t.'l . . :'.-l -I : llTs-( n w Hi In- t'nltnl M-iim Ci'n.H i- iii-h... i Sl.Bft, ifnh'- (jiinl.r; ll i, ,, I Orer I.". I J, (1 Mr I' iviin-"' . i . . I rent fi'l li-r f'"-fi; pm i i N . e 'NtniK 'if 'i"i.il ll' tell- -,'J lllltill lllllllirr I ul,ifi h i,, ,,., , pre f rrr I pp.nl.!.. Vetlt jj,. , I irinnl iilnl - I'd ll.M--nil I'-iHr ' .ilnnan- (iii- -i-nniinnn. JI.7." "n nn fci i-1 , i i'r-1 ci t'jn- 'r f ii"l Cm, 1., , November 1 Ii- -tntl of li. r,( ii i. I irfirreil I), c i.i' c- 1 u iierl, (,f r, r-nni icnib'i -.' . ..-li"iuif Jiiu.i-, -j hlerK nf i. ''! tul . i s illlllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllillllllllllllllllllllllllllil tl '.I. l.7'. money-lending rates SIM III!li Minii" ..it, .i , i.f -'iiiuiprnl din ni-il inil-i; - r, j , , .', Iciiil.tii; im irr.p'.liin fun, vnr.i. rin .. . i, ,,, (1 it cii; .- iini..Tclul i..iik i, nn. lit, 1.. ll P'r r-m. i ilf r.n I rrili'-'iint iiit-i t i 1 e i mil ReiFi.-e llai Iih nr., i. felln'H Ii.'.i" Mb. i'Mn'1 c.fn liutiil l-.ibHr '.111.10 1)2.. IS i2 . 7S til'. MI '.11. Ml 112. IH i 112.112 iiumnn !).'! (10 v " Ynl u J ..,;.) puiiiiiii'ipiii In.-.. I'. M-'t'Ud !!!). U Ttl.-tllrr.nd riii n.i Atl.iiitu nil '."ft ' ll!""". ." '.III. 2(1 n. ou ii let'- fl!).!tS MI'inwpiil.'. nil 1C tiiin-iH-i ( It. Irnni i-r-u Ltllll Ik ls Reserve Banks' Discount Rates I'd. llkri. A.-tcnl, 11 II II til,s ll .''s II'.I.-HI Sin ((!.. Ill 1I!).:N Prices of Weel Maintained lOOj tnii. (I-1. JI. 'I'll' ' -.'Hir-r. -1 llu.,1 .illi.. tomorrow v-lll fa : "Tl., ilinMOi, t. iii "nas i jntlnudl In f''l vrer,rrilm, rtm i,, ',,, tli't -ii-l. ii ml pun's limn Ii n linn!) T,,i,. 'i -' t.-ilii".! mi all .'Ihshi '.-. i. i.l S!)':. tl'e ihH'b unciri tu tie- tli.d-i-i . i Wlll'. - lni i ii.iheiKii ll U liei.'.' unit -in i,inti,. , of mil Iiik I tii. i of miinuf ici i -. .1 i-i.iii,!! u ii. e' 1 wi-ll i i'l. .Mil bv th-, I'luinln train iiml he riit fiiver'ibh' ureti thi m mnfi, ,..... I n,,' , ii.rini ti'. i ninuiir.'.l miIi , ,u "" "",l tli ildilfrs 111 raw in-, .rli.li M'. . I 10JI IJI20 liH.t ! D ' , """'"""- m"'ii -iiiMHThlH .le- IIIuikj niii tji-ii (ii I'liutinu itti ijiiU WfJJJS 1 Opportunities Convertible Bends I'ai'iioitiiUien in the profits eT. n li&iiiR atec-k market may be had without the .i;0; involved in buying Med.. Our cenvrrtiblc bend circular telle, hew this is possible and ahe preccnlH .some of the mere favorable oppor tunities in this class of securities. Copies Sent Upeji Request EST & CO. 1.111 W .limn SlrrM I'lillndrltililu Mrtlilmri, Ni; erl, hleiU ICviluintr I'hlliiilrli.lil.i Stm U KurlmiiKi .V! Ilru.iil.i Nfu ort. riiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiHiiiniiiiiiiiiiiiiiiiiiiiT BANK CLEARINGS ib. ut $1 I It' ' I'l ' 'I'l t. .ii United Cm & Electric Ccrj., lit Fill. RecUill Iren 4 Ceil Pr.l 5-Pewtll 7fr Prtf. At. B. NtwUn Ceil Plff TrVIUi-Btr & KnUtea Rw;. Ii', 19,-; 1 n IIH' I llr I 1 e I i XV -' i1 l"...ll I -ail I I l ll f ill- 'cmI pIm l N ! 1,(11 7!t t -i -i . i hit'- ii i i nm Ii 111 lcl t I'niiin bin i' Kf I -IOWII I JOU' I "". ri,. . IV Will' !! nt'il .d'h i uMiMi'i .'( A- in' in-. ." i I nil In I 1" . .inn e'l-- i ' 11,,,. j-'., ,. '. i,l ' r-,X III- i.-M'l t I lICIill II. (('Ull II . .Ill 11. i ' i.n u' l'etK Ii' I I llll.PI i i linMir: tli" i '. 114. i-ll I'. !. Vlllll.lllj I . v .... I lli. I I I'lii', i' up i. . I' 'I I'' b ,,f tin- l.ili liiinUi'.' mi il. mi In. "'. tlii" I lull c 111" ii fin I 'ill' I 1-H-l.i. in ..mi. !'. f it r.-ep.l hnli. -I. nu CeitiwaQ ibl' . 1 'll I II-r Ti'ttT' Raw Sugar Market Quiet Ni-h n 1 1. . nt. H--TI" ii ki... ' i i until.!'- 'imei neil "'. i- I ,'h '-ilm mu.iIhI nl J' i "it r.u f.r', . i " i in I M 'lul ii" '1 .I'.tl lueii.tnili. I -,iu.ia i.i )',. i 1 f Tlieu v-i-i. no ., ih -i -.,iiii . fstrrila Jmriui latlmm In, u b-.l 7d, null fni IIimhIiiiI. te tbe '.nle hi Siuur Ileflnliifr ( ii.m it' 4l.(.(Hi hnK I'h inji.nr.il ie A bill 1.1. Iliet'i "' llli'l .TlOft La- Ciilem- n h.-h I 'lir- Air- - jf P.. (I'll i '"in- 1 iiii im iifie ii 'ii iier.,n'.i.4Si tlu'iuii, 01 1 n'tniB u. r.4ii. dii.1 iriK4.i.'s J i 41011 IHI HMI.riMI i 1,1. J7. iiiiii j ic'su llj.sne.niin 111111111,111.1 German Bank Statement llirlln. I'1 i H- Tin- Ht.i'e'nm.i et ihi ihi Ii.nei l.il Hani, of Oe iniriv ui of fliir,'). i 7 lie'si- lh fellow pt iluni'-i- T..tn, . eln nr.l liu'.llui "1"' i-"'l .ll.'-rl) iiia.'-n- telil .l -rn-il .lOnni tt- i' in " .K-rnr , -s 'isnn.i i uti" .if civ. i,...'i i;,icn.i 'Hl.lOliil; I. Im iiliie' I.l d ,..; k ii.in.. m-I (ii.il: ml "ii- I i' "(' .1J,i.l7.(i(i(,; ji . . tnnl-lialtta rll-r-i ail 1-II.III.I, elh.l- .-,,,. 'tlr-n (1 ' r.-r- -1 Sl.l.l!.li'.li: t - riu-yi,, , lle.i i.ii.i'i '.;1, 1.0T...1I1.". iiflu, .1 uuHltp ili de in. ii K.7HI.4JII line- n'li-r llabll l- i. itrtri'l iilii tiii,f.ii . Vein ei he.iilnz .i e.iii. (it'll mr,.'!,.. " Liverpool Cotten IJfrpi.el, (let. I I.- Their- wns (,i lnqiiiry ler rei ceiinn inn ivitl, Drl.-e. ,...u..a y.n tn ti lulu at r. Ha t I . - . ... . Vii ii- mi r t tii (V iiii in i- , i jj (l-lllnK nt is. 02(1. Tl'c nnli nr. jei erii hOfie mid quality met im-1 Ma I, j i . ii ... I. .'ni -iii-..'.- 'j, i,. ,. ii. ...- 7 7114.71' 3 "Nil 12 Umy, Tim leca v.itij nurKat tit unchtvil. i"IM ..OblllVJ in , J I I-J14I .Cllllttip in..i't. . u.u.-, ,-!.- Iiir n,tr "H' l) HI l-V BAR 8ILVER -aer finilnn In, l'l. r.cili.ts inr 1(.(I0 luv, i... T..V," Inn 100 i.uU's iiir-rl.-Hii. I'ui.ir.-M .. In. r V ii-.u! In tin- r-t-1 .u-.illni. sn'i l.rli ' a . i- A'li rliuli i..l..'1'.hiii. fa.,' I ft :',2.i in. I .uri.l.lne. js :..'.l fi.ii- irt,i,i,." ' i.i (i'.i n . .i im. K.n .'n iu ,,; i'l .' 11.47.1 I,-Cm OllllilU lOIIJJ I 1 ,, ,"' ll.a'il I Movements of Vesses Nv.v erl, O.t 14 Airltru Uiil.n i Hl'.lllbUlB Kin .lanerlu, Oct. IS. ArrucU. beutlier i Cr.'in, Nt.Terk, lluriiM, Alrti. Oat. 18. flll4i Ajinr ' le ii t-tti or, Nr Trk. Ixntfl.iri, Out 11. Slfl SrentR N"e,. What you should get from your Breker -prompt and accurate executions -up-te-the-minute quotations -latest market news and stock reports h'ur tbt bus) trader there's a tuiul of timely and ilepLnd ablc news, summarized en spcufic sccuiities and market trend every v. cc!; in the iNVEsren & Trader This week's isiue en request bk for 'IX'-eOa Jenes &. Baker Mcmben jVeu.yerJ; Curb Market 'blrtcrpTlvate'Wl'rci ., N'w oil thlcJte notion PhiliJtlflil I'illiburih Drtielt llilllmeic Clelml PHILADELraiA OFFICE Wklcncr Building Keystone - KceSsel BALTIMORE OFFICE 413 Equitable Building TIepIieiei St. Paul 8451 II JrJ Gr K. UNSINGER urn r, ti te.'.i I Ju'v .-BTit f.r a?n Jr n.. u.unuiaicci I. T hi -. -W. 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