UPHIIIPHWI 1 1 II , ",,W' HP"! !"
If'rf
Hi
27
EVENING- tflfetG tLEPGERr-PHirADELPHIA, FBIPAY, OCTQBtiR 21, 1021
' .
eAn exceptional opportunity for Pennsylvania investors Straus First Mortgage
Bends te net Tfe, secured by a new high-grade fireproof apartment building
in the Schenley Farms section of Pittsburgh? with four-mill tax refunded.
Wpv Issue
$700,000
University Apartment Building
(Pittsburgh, Pa.)
First Mortgage 7 Serial Bends
Safeguarded under the Straus Plan
Pennsylvania feurmlll tax refunded 4 Federal Income Tax paid
SERIAL MATURITIES OR AMORTIZATION
Amount Maturing Amount Maturing Amount ' Maturing
$2&b00 Oct. 1, 1923 $32,000 Oct. 1, 1927 ?38,500 Oct. 1, 1930
26,500 Oct. 1, 1924 34,000 Oct. 1, 1928 41,000 Oct. 1, 1931
28,000 Oct. 1, 1925 36,000 Oct. 1, 1929 44,000 Oct. 1, 1932
30,000 Qct. 1, 1926 365,000 Oct. 1, 1933
The bends are a direct first mortgage en the land and eight-story
fireproof apartment building, pf the highest type of design and con
struction, te be erected at once en Ruskin Avenue, in the heart of
the Schenley farms section of Pittsburgh Large margins of earn
ings and of value Property in strong hands Protected by all the
safeguards of the STRAUS PLAN, which for 39 years has secured
Straus investors from less Denominations, $1,000, $500 and $100.
PRICE: PAR AND ACCRUED INTEREST TO NET 7
Call or write today for literature describing this issue. Ask for
Circular 640-Q.
5, W, STRAUS & CO,
INCORPORATED ESTABLISHED itfta
STOCK EXCHANGE BUILDING, PHILADELPHIA
Telephone, Spruce 5628
NEW YORK
CHICAGO
DETROIT
WOTALO
CLEVELAND
BOSTON
MILWAUKEE
SAN FRANCISCO
PITTSBURGH
LOS ANGELES
INDIANAPOLIS
MINNEAPOLIS,
THIRTY-NINE YEARS WITHOUT LOSS TO ANY INVESTOR
All thv-bend of this it tut having been sold, this advertisement appears
as a matter of record only.
WttMiwwwwwBrw
The Era of Specialists
The election of investment securities is a specialist's problem. It
can only be successfully done when judgment and experience are
backed up by exhaustive statistical research work.
Were the Invester te attempt te de this work for himself, it would
either be poorly done, or at the cost te the investor of net only
devoting se much of his time te the problem as te result in serious
neglect of his own business, but at the further cost of purchasing ex
pensive books and periodicals and hiring several assistants. This
would make the investigation cost, per $1000 invested, prohibitive.
We have a trained corps of specialists who devote their entire time
te a wise selection of bends for investors. Fer example, we believe we
have made an unusually exhaustive analysis of railroads and their
securities, and we have published several books en the subject.
As we are charging the cost of all this investigation work te a great
many millions of dollars invested, the cost per $1 000 invested is slight.
Remember, it costs no mere te satisfactorily prove the safety and de
sirability of the bends of a company, for the investment of $5000 each
by 20 investors than for the investment of $5000 by one investor,
but the cost of investigation per bend is only 1 20 as great.
Why net carefully select a bend house, net only one of integrity and
judgment and one which will give unprejudiced advice, but one which
does careful, accurate and exhaustive investigation work te determine
relative bend values, and then be guided by their suggestions in
investment matters?
Why net investigate us with this end in view?
BROOKE, STOKES & CO.
Member Philadelphia Stock Exchange
140 Seuth Fifteenth Street
Philadelphia
734 Fifteenth St., N. W. 102 St. Paul St.
Washington Baltimore
VaaM.M.MM.HMIM XASSJX
f w ft WEaatlSai1
Trm r Tttt I
Pa"
JrMtr
,), DUIXU9
&TW
tARRlSON, SMITH & CO.
"wuiibni akbuni i im
121 KOI ITU rru ernnr .
PHILADELPHIA
0MDARD 6100
Camden & Suburban
KWV. Cn.
MORLEY, WOOD & CO.
ui. xmwmiui eireei
Jl!i.N. Y. & VMU. Hteek Kxch',,
fNDS AND INVESTMENTS
:L,jOSTON&CO.
IMKHTJIKNT llAN-irvnu
"II WALNUT HT .
1 IIILADBM-IIIA
"pnitt ijji
k
What Your Meney
Will Buy and Earn
October niwtrmanf SoMftlem
Helpful hints te Invester de
sirous of purchasing shares In
small amount In standard,
dividend paying companies.
LUu nl t en rtqutit.
Write ler il-tSS
Kardes &. Burke
1424 Walnut Su.PhlladelphU
PKeiui SpTUCt 6)Sf
New Yerk Brooklyn Pltubursh
Chlcste Boiten Daltlmete
Dfract Prtveli Wl rti Cenrwctinf All Offu.
' HcJ ' -
LEE, HlGGINSOri & CO.
fcaUbU.lud HUB
I108TUN .NbV XUJth. CHICAGO
1306 Finance Uldg Philadelphia
Ii a
AUTOMOBILE
INSURANCE
imrRTT UDTDAXi INACRANCB CO.
iv xv-xi be. iota a.
ttisnsi Leans! 7
We Own and Offer
Hifn.Crade Railroad Bend.
Pajrinj $40.00 ycr at $690
Pring $50.00 rearlr at $850
Pajritif $60.00 yearly at $930
-Widinir Buxs, Philadelphia
Mm UrJkSht CnAufH
mmm
BOND SALESMEN
.JXV, iX.Jm In our organisatien for
hVnriu jfc.t .. " ,in quanned te
Chaa. R. Biddle & Ce.
1418 WALNVT HTIIKET
NEWWORK BONDS)
Cariad'n Nthn
etts ret
101 K
1.... 101 H
Canail'n N "
4.... 104
Canadian H Sa
...... 8TK
Chlla Cep'r Of
10 7H
1 '70H
Chinese OOVa't
lfu-K rtljr B(
1 40Vi
City of DsMsn
fta'rela
1.... lOttf
1.... 101
1.... 101
City Uarnt 8a
a.... 104
4.... 104H
City of Cepn.
hsten BWs
1 flitf
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Cltr Lyen fla
1 ST
Cltr Mara'a'Ss
8 87
Ctr nie da J'
narle 8 wl
8 08
1 98
8 08
4 08
City Zurich 8
tSALES IN 11000
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8...
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Cuban
8...
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101H
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Kingdom Den
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way ct 8a
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1 00i
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3 00
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1 (sale) 00
1 00
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1 00
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1 07
1 07
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Amn T St T 0s
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1 93
Armour 4
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0 89
A T A 8 P4-
1..... 72
. ... 73
!.w.. 73
2.;... 78
A T A 8 Ftt 4e
1 78
78
78
A A Dany 1st
2 08
A Coast L ett
3(aal() 73
2 78
A Coast L 7s
i.... 103
Atlantic IUf
ct e
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Atlai rewdar,
Ce 7
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tUlt A Ohie cv
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13 70
1 70
1 70
1 70
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2 78
nalt A Ohie fla
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1 02
1 08
1 08
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8 84
JJ A O P L B
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2 07
Dalt A Ohie S
W'n 8a
1 88
Oell Telephone
of Pa 7a
3.... 107
1.... 10T.
Beth Steel M
2 82
11 Steel Sa '3U
2 70
0 70
llkn Udl C 7a
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Okn Kdl I) 7a
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1.... 102
1.... 102
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1 01
II Pacific 1st
2 70
2 70
; It N Jay Ba
1 00
1 00
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Cjp'r 8s
1.... 100
6.... 100
: A O cv 4a
1 70
8 70
J'k A O cv Ba
2 82
Chi A Alt 8a
1 37i
Chi D A Q cm
B 70
Chi D A Q neb
1 00
: n A q s
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2.... 103
3.... 103
2.... 103
3.... 103
10.... 108
Chicago Mil &
SIP cv 4s
2 (10
8..... 00
Chicago Mil A
a n jt a . '
... in tr,m
2 54
B B4
3 63
2..'... M
-hlcMfe Mil A
StP im 4a
1 78
Chlcase Mil A
St P cv Ba ,
S 0J.
2 01
C A Nwn d '38
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1 02
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71
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T0i
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8 80
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Cnna'd Oaa 7a
8.... 103
1.... 103
D A R O fd ct
7 42
7 43-
D Match 7a
4.... 10BU
O de Nemeuri
Pwdr 7a
1 00
1 00
1 .00
1 08
1 00U
Rrla Oenl Lien
1 42
B 42
1 42
1 48
1 42
1 42
Krle It It cv 11
B 37
I'lsk Itub'r Ce
8a rcta
1 08
0 08
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5 08 U
Ooedyertr Tire
A Rub 8a
1.... 103
Ir'e; T 04 rci.
10 05
R0 05
R 0R
B 05U
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10.,
1..
3..
8..
St L A B Fran
Series A
7 02
2 02
St L A 8 Tran
Serlea D
2 7(1
2 75
3t L Sew'n R
8 00
St P'l & K. c
8 L 4e
2 00 'i
3eab'd A L ej
1 . . . Ill
2.. .. 00
4 00
1 00
1 .... 00
1. ... 119
2 .... 00",
1.. . 00
1 00
2. ... 00
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2. . 40
TJ S Mexico r.i
4 RR
R R5
R BR
10 BR
I I'd S Mexico
I.arre Ba
B B0
10 .... B0
10. ... B0
5 R0
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Ara'n As-r'e a
Ch 7a
1 .... OR
1 .... 0B
1 93
Am 8 A Its- Re
2 70
1 .... 70
1 .... 80
Kaale) 70
Am A ft Ch R
2 80
Amn T A T nil
2 84
03
05
05
It T
103
103
103
103
103
103
103
103
103
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74 V
2..
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III
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1. ..
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'lock's V
3 . ...
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1 .... 71
2 71
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10 42
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a. ... 03
Ilia Cen'l 0i
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20 104
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Or Jt 11 5a
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1. ... 8R
rn,1 a steel 5i
1 02 U
Iowa cent'! 5
I . . . . 70
Intb'e II T M
8 54
'ntl Air C (
2 T8U
( M Marine Be
2 flXU
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1 60
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10.,,,. 63
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1....V ,08
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4 03
1...:.. 0'
Lack Steel '60
2...,. 79
14....-79 .
I, H a Wn 111.
i 82
Lake Share U
8 4s '38
8 88
Lehlrh Val 0
1.... 100
Lenif Il'd fd
2B 70
2 74
Lerlllard'C In
B..r. ,108
Le A Naan ux
L Dlv aa
1 84
Man E 4s eta
1 88
Mkt Bt niy let
8 78
3 76
M Oil war 8a
1 05
Mex Petr'm 8a
10 03
0 08
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3 77
Mln A 8t L 4a
1 84
M StP A S 8te
M OHr reta
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48 00
1 00
Me Paclfle in
7 80
3 B0
8.... 60
8 60
Me K A T 4a
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Me Pae 6a '23
2 08
2 00
Ment'a Pwr Bt
0 80S
N T Ct'l 8
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N Y Cenfl 4a
10 81
N Y Ct'l 4s
1 80
N Y Cent'l fla
1 05
1 0R
1 03
N Y Cent'l i
4.... 103
N Y Cent'l M
Cent'l 3a
1 04
New Y N II A
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1 S3
N Yk niya Ra
1 7
N Y Tela'e 0s
3 07
N Yk W C A
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1 83
Nfk A W'n 4s
1 78
North Weate'n
llell T 7
.... 104
1.... 104
N Pnclllc 11 4
3 77
1 77
N Pacific H Us
2 103
NM 3 Pwr 5a
7 83
Orecm 8'L 0a
5.... 100
Pae O A K en
3 82
Packa'd Moter
Car 8a
2 05
11 07
Pan A Petr'm
A T Cej 7a
I'! 11 mi 4
B 80
Penna ltd (1
.. 101
1..,
29...
O
si!!
8...
i...
8...
1...
B...
3.
101
101
101
101
101
101
101
101
101
101
Pub 8erv corp
N Jay Bs
1 70
Reading: Ce li
2 70
8 70
Rie Or'd A W
clt 4a
2 ... 57
Rck IV d A
A L'a 4h
B 72
St L I'n Mt A
S Rly 6a
1.... 00
St L A S F aj
I
1
1
10.. .
St L A 8
10
4
OR
t)3
04
01
F In
48
43
48
48
48
48
48
1 10
0 20
4 10
2 10
B 10
a id
1 10
Heab'd A L fd
1 35
Seab'd A L flj
14 43
Sinclair C OH
'erp 7a
11 03
0.. .. 113
B 03
1 03
8... . 03
S'n Pacific id
R. ... 78
2 (aale) 7H
3.. "' i
1 71
1 . rut uli 4
3. . . 73
S'n Pae cv 4a
2 83
3 ... S3
10 . 83
8 83 '
HeutHfj-n Pac
Count 4n
10 .... 80
Sn Hallway t
2 ,. Rs
lend'd Oil i
Calif Ta
1 104
Tex A P lata
R 83
Tidewater Oil
Ce ct de
1 07
Teledo St I. A
W'n 4a
1... . 4N
Inlen Pae cv
2 88
Union Pae fd
I.. .. 78
0 78
Union Pac 4
1 82 .
2..... 82
Union Pae e
1 . 100
V Hallways J
Ce 3a
2 07
3 8T
LT Tank C 7a
1.... 102
U S II t Hi
8. 021,
2 . . 02
IT H Rubber Ba
8 70
U 8 Rubber 7
3 00
,U 8 Rub 7. a
8.... 101
UM'8 Steel Ba
. 0 08
tf..v. 08
2..... 98
b!:... os
i.r.xY 88
Utatl'Pewer A
Light Ba '
a..... 82
2.ii 2H
2.,..., 82
, I , 82
Vera C'.4
4 27
Va-C Chem 0s
1 87
Va-C Ch 7s
0 03
V Rallwya 3s
84
Weatn Elee Ba
1 08
l nsu
We at Pae lata
i 80
1..... 80
8 79
1 70
1 80
W Union 4s
10 83
Hlnh
Liberty 0 .... M.0
.Liberty 1st 4tys.. 03.20
Liberty 2d 4 8. 2-42
Liberty 3d 4fl. . 04.80
'Liberty 4th 4$b.. 02.0 1
Vic Nrit'es 3 s... 00.44
Vic etea 4. . . 00.40
Wn Union Bs
2 88
W Union fla
1.... 102
4.... 102
7.... 102
7.... 102
B.... 102
tVeeths' A K
Mfg 7
1.... 103
2.... 103
8.... 108
W-II A Est 1st
B G2
Wllaen Ce lat
3 03
1 02
1:80
P. M.
01. 1)0
03.20
02.30
04.74
02.60
00.44
00.44
Lew
01.70
03.02
02.30
04.70
02.50
00.44
00.42
LlVIBTOCK QUOTATIONS
Chicago, Oct. 31. CATTLE Receipts.
6000 head. Oenerally ateady; nothing choice
here. Ted reed yearllnga, 110,60; bulk beet
ateers, tRT8.2B; bulk butcher cewa and
helfera, t8,7BUB.25 canners and cuteera,
meatty $2.5003.35! bologna bulla meatly
t8.40O8,88l best and light calves te
packera, ill. 60; te eutaldera. f 12.
HOOS Receipt. 10.000 head. Fn'rly ac
tive, 100 te 23c higher than yeaterriay'a
average! packing and mixed hega up meat,
Tep. t8.3R; bulk lights and light butchnre,
I8W8.2R: bulk. 270 te 825 pound sewa, $7
7.40) bulk heavy packing- aewa.lfl. 2300.05;
plga steady) bulk dealrable, I80H.25.
SHEEP Receipts, 18,000. Fat lamba,
strong te 2Be higher; lothera. steady. Flrat
sale natlve lamba te packera, RO8.2R;
shippers. 18.50: one string medium Western
fat lambs steady at S7.78: best net sold
feed te choice fed Weatern. J4.40O4.SUi
eeder lamba. early. 17.26W7.33.
Plttaliurgh, Oct.
Dellar Descriptions Lest Ground.
Rubber Greup Idle
Londen, Oct. 21. Oil i hares were
quiet nnd lrrcfiuinr en the hteck or er er
change todey. Shell Transport and
Trading was 4i, Mexican Eugk
3 13-10 and Reynl Dutch 'M'j.
EacincBS in the monetary ultuatten
made some gilt-edged Iksueh flrrner.
French leans were maintained, but wer
without feature. In sympathy with
New Yerk exchange, dollar descriptions
leHt ground. Heme mils were dull mil
colorless, The nharcs of Argentine reads.
wt-rc inactive and mixed.
The industrial list was firmer hi
r-pets. Hudsen's nay ivn 5 7-10.
Kaffirs were firm, but trading wns pro
fessional. The rubber group was idlt1.
hut held well.
Gencrnlly, the markets displayed sta
bility. The UBiial week-end absenteeism
was In evidence. j
RAILROAD EARNINGS
1021 Decrease
ST. LOUIS SOUTHWESTERN
Second weew October
WESTERN
Second week October
Frem January 1,...,
MOniLE
Second weelt October
Frem January l. . . .
$571,701
MARYLAND
$302,430
13,0117.214
AND OHIO
$377 147
14. OSS. 473
$103, .103
$2OR,2R0
280, U03
r,t SSI
132,027
80UTHERN .RAILWAY SYSTEM
Second week October S3.422.1fl7 $700,373
Frem January 1. .. .130.207.008 22,651.012
BAR DEBT CANCELLATION
Prevision In Lean Bill Cited as
Blocking Plan
Washington. Oct. 21. The Ways
and Means Committee In a report te the
Heuse yesterday en the foreign lean re
funding bill declared there was no baslrf
fer'any bellef that authority was neught
by the Secretary of the Tnnury, either
te exchange the war obligations of one
country for these of nnetner, or te
cancel any part of the money owned the
United States by the allied nations.
The report added that a specific
prevision was put into the bill as fol fel
lows :
"That this act shall net be eon een
btrucd .te authorize the exchange of
bendH or ether obligations of nnv fm..
eign fJevernmcnt for these of any ether
lerclgn Oevernment, or ciincellntien of
nny part of kucIi Indebtedness except
through payment thereof."
Democratic members, in a minority
report, Insisted the bill should be se
amended as te require congressional
approval of all acts by the debt com
mission looking te final settlement with
foreign nations. ,
WOULD TAX FOREIGN TRADE
Plan
Senate Knocks Out Exemption
of Heuse
Washington, Oct. 21. After a two
days' fight the Senate voted csterday.
30 te 30, te strike from theTa Revision
Hill Heuse previsions defining foreign
traders and foreign trade corporations.
which under ether sections of the meas
ure yet te be acted upon would be ex
empted from taxation en inreme re
ceived from sources outside of the
United SUites.
Senater Edge, of New ,Terev. enme
out in favor of the Smoot mnnufactur-1
ers' sales tax plan. He nlse assailed
the proposals te Increase the maximum i
Income surtax rates from the committee
figure of 32 ncr cent te ."iO tier cent. He. I
daring this would hinder recovery from I
tne existing inuustnai stagnation.
Father and Twe Children Injured
Marietta, Pu., Oct. 21 -Isaac II. I
I'owem, et Lancaster, and his ten -your-old
daughter. Catherine, were terietiHlj
Injured, and his son, Klehnrd, biullj
cut ami bruised when the sedan which
Mr. l'ewcll was driving wns struct; e
an eastbnund passenger train en the
Yerk brunch of the l'cnnsjlvanla Hall Hall
read at Scners Cressing, near Mount
ville yesterday, badly smashing the bedv
of the automobile.
Bcr&rli Urne. & (He.
$?uhllr Utility &rrurttte
rterh ExtJitme BitlUHruj. i?trlU.
Vrnsr. Cat, Dab
Cuban Ttl. 1st '.,
Cem. Trac. lit ,
Georgia Rwy. & Pr.. . .
I'uenaai Lecuat 0240-1.2
Private Phenea te New Yurk
6i, 2016
.... 7Mis, 1341
Si, 1933
Si, 19S4
8-4
A Dostea
Government Bends
Investment Securities
EDWARD LOWEER STOKES
20 Seuth 15th St.
Philadelphia
Locust 03U Race 3539
$12,659,800
City of Philadelphia 554
Lean
Dated October 26,
$8,804,000
1921
Interest Payable January I and July 1
21. HOOS Recelets.
4500 head. Lewer. Heavles, $8.40i(M 30
heavy yerkers, SS.flOWB.es: llKht yerkers
and nias, ju.nowH.ie.
SHEEP AND LAMDS Receipts, $1200,
Steady, Tep sheep. $0: top lamba, $8.
CALVES Recelpta. 100 head. Steady.
Tep, $12.50.
East Buffalo. Oct. 21. CATTLE Re- '
celpta. (100 head. Steady. Calvea. recelpta,
11 head. Steady: $B13,
HOOS Recelpta, 11,200 head. Steady.
Heavy. $8.60(70.75; rrrtxed, yerkers light
yerkers and pigs, $8.7.1; roughs, J0.75Q7.
staaa, $4 OS.
SHEEP AND LAMRS Rccelpts. B400
head. Steady and unchanged.
LONDON STOCK MARKET
-20-50-Year Regiatered and Coupon Bends, Due October 256, 1971,
with the oDtien te the City te redeem at par and accrued interest at
the expiration of twenty (20) years from the date of issue of this
lean, or at any interest period thereafter.
$3,855,800 15-Year Registered and Coupon Bends, Due October 26, 1936
Free of All Taxes in Pennsylvania
Free Frem Tax Under Income Tax Act of Congress
Legal Investment for Trust Funds
Bends of the City of Philadelphia enjoy a high inveatment standing. They are
owned largely by savings funds, trust estates and conservative institutions.
' Negotiable Interim Certificates will be issued, if desired, pending engraving of
permanent certificates.
Lean certificates interchangeable as te form from registered te coupon, or from
coupon te registered, and re-exchangeable from- one te the ether from time te time at
option of holder, and coupon form may be registered as te principal.
May be bought in denominations of $ 100 and its multiples, in registered form; and
in the .sum of $1000 in coupon form. Sealed proposals will be received at Mayer's Office
until Wednesday, October 26, 1921, at 12 o'clock neon. Bids must be en form which
may be had en application te Mayer s Office, and must be accompanied by certified check
for 5 of par value of the amount of lean bid for. The right is reserved by the under
signed te reject any or all bids, or te award any portion of the lean for which bids shall be
received, as they may deem best for the interests of the City.
Full descriptive circular furnished en application te the Mayer's Office,
i
J. HAMPTON MOORE, Mayer
WILL B. HADLEY, City Controller
DAVID J. SMYTH, City Solicitor
Federal Land Bank
5 Bends
Due May, 1941
tUt 4em.aU befen Hmj 1, 191
Exempt from Federal, State,
Municipal and Lecal Taxation
Legal Investment for Savings
Banks and Trust Funds
in various States
Eligible te secure Postal Sav
ings Deposits
Price 100 and Interest
Yielding 5
Complete circular en request.
Harris. Ferbes & Ce
Pine St., Cor. William
NEW YORK
PHILADELPHIA OFFICE
WIDENER BLDG.
Telephone Spruce 7040
GEORGIA RAILWAY & POWER CO.
20-Year 7 General Mortgage Geld Bends
Te be dated Nev. 1, 1921
Te be due Nev. 1, 1941
Price 97 and interest, yielding ever 7.25
Full particulars upon rtqumtt
HARRISON & CO.
BANKERS
106 SOUTH FOURTH STREET
PHILADELPHIA
MembtrM New Yerk fi Philadelphia Stock Exchanges
8 Geld Notes
Copper Expert
Association, Inc.
Secured by renneil cepper de
iHiilted at 10r a pound (the
prenent price being; about ISl
a pound).
Sums required for payment
of prlnc pn and Interent.
cuaranteed proportionately by
eighteen leading; copper com
panies. At prices yielding about
7.40
121 maturity)
7.25
(1025 maturlt)
Circular upon reeunt for rB-420
The National City Company
Philadelphia 1421 Chestnut St.
Atlantic City Ctialfente Bleck
1225 Boardwalk
Milium if in mrii iii ii r i ii 1 1 r i ii mi ii i it ii ii ii 1 1 in i mil i iiiiiiiiiiiiiiiiiiiiiiiiiih
We own and offer
6 Equipment Notes 1
of
S ATCHISON, TOPEKA & SANTA FE
CENTRAL RAILROAD OF NEW JERSEY
CHICAGO. BURLINGTON & QUINCY
NORFOLK & WESTERN RAILWAY
E Particular and prices en application
WEST & CO.
1311 Walnut Street st.mh.
FhlLdrlpbl. n, Vork,S?eberu"rxrhnnBe
rtillidrlphln Sterk Kxrhanae
S3 Ilreadnny
New Yerk
Hiiiiui m 1 1 ii mm ii mini in n 1 11 1 1 n i mimmmiiiiiiiiiiiiiiiiiiiiimirc
Hi"' "
I B0U
Spruce 8200
BOUGHT SOLD QUOTED
U. S. Treasury
Certificates
SKCIK1T1K.H DKPARTMKNT
Commercial Trust
Company
Member l'rdrrul Ueaerre Hjetem
City Hall Square, We.t
BROWN BROTHERS & CO.
w YerU
Established 1818
FOURTH A CHESTNUT STRKETS
PHILADELPHIA
neatnn
MEMBERS OF STOCK EXCHANGES
PHILADELPHIA, NEW YORK and BOSTON
Orders Carefully Executed
A Century of Service
BROWN, SHIPLEY & COMPANY
u.uurrR v nun, i.uinnury
LONDON, E. ( .
.. . . IIIe for Trurelers
123 Tnll MhII. LONDON. 9. W.
GEO. A. HUHN & SONS
HTOt K8 AND IIONDS
Members of the Phllurirlphlii, Nen
nrk nnd ChlcKe Ktnek Kirhnncea
New WU C"Hen Kcfiansc
Commission Order Executed In
All the Principal Markets
Liberty ponds Boueht and Sold
llfllriie tuurt lllila.. lIlK Wnlniit Nt
N ., Ill llrendiyny, Atliintlc ('Ity
nibnniler (Intel
Province of Manitoba
25.Yee,r Nen-Callable 6s
00 V and Interest
Yielding 6.057c
Samuel McCreery & Ce.
Members Phila, Stock Exchange
Frnnklln Hank Building
Special Service
in
Ohie Securities
Bosten
Members
New Yerk
Cleveland
Detroit Chicago
Stock Exchanges
NY. Cotten Exchange
Phicage Beard of Trade
Extensive Private Wire
System
OTIS & CO.
Cleveland
New Yerk, Bosten. Detroit,
Cincinnati, Columbus, Teledo
Akren, Youncstewn, Dayton!
Denver, Colerado Sprlnga
"'"" sxxj-aaa . ......... ,jj,.
IMPORTANT
ESSENTIALS
An exceptional Income return
li.iHr-d en mifetv of principal are
hu fnrtnrs new aeuffht by the
dlscrlmlnatlnp Invi.ntnr
tiur list of funlamentnlly neunrt
benil.inurPI nntei c-f Hriert and
.';!!!!,.'" .-""ritlen ufterdH nn
oyperttn, tlireuBh Improvement
of inccmi' position te Btirrreafully
meet the itureniert rest of llvlnif
nerommrndailent en rrguesl.
Fairman & Company,
Drexel Building, Phila.
EatublUhrd l'KIt
A. H. Bickmore & Ce.,
Ill Broadway, New Yerk
rTTTTTTTTTrWTTrriTWiTWrmi'
Savings Accounts,
-ern Exchange Nat. Bank
WIEGNEMOCKEV&CO
Certified Public Accountants
Drexel Building, PhUadelphia
IRedtnend & Ca
N.w YerU PhlUaMpMa
.
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