'ifIrwtw 20 EVENING PUBLIC LEDGEK PHILADELPHIA, MONDAY, OCTOBER, 31, 1021 Our November List of investment sugges tions contains ever ISO issues of high-grade bends carefully select ed te meet the indi vidual requirements of conservative investors and institutions Yielding 430 te ever 8.009b Ask for Circular IMl Harris, Ferbes & Ce Pine St., Cor. William NEW YORK PHILADELPHIA OFFICE vYiriencr Bide Telephone Spruce 7040 ' PRICE MOVEMENT l I IS VERY UNEVEN; ii t i of, NEW YORK STOCK EXCHANGE TRANSACTIONS Market Showed Effect Weight of Heavy Realiz ing Sales UbWfUMMaibdM inPftuTnaffijWj ,m mm H t nl mi i v itm&mm 1 Old or i New Issues g The question of which Is mere, ja dcslmbie Is constantly con- M fronting the investor. pf We will It slad te submit our jS recointncn.lutlene and rnal;e B aueh uusrpestlens im may ?utt ffi "-our individual ca?e. 1 BATTLES & CO. M Established tS)0 HI Independence .siiuure (.I'jst a? iii'irajifnjaTiraiiriiiiiffl'wiTjrTTrawmrrr'i'T 1 1 m m -3 ESTABLISHED 1865 BIOREN & CO. BANKERS 410 Chestnut St., Philadelphia -New Yerk. Oct. St. Tniinj's -te. 1; I market nliiinly showed the offectn ei the upiBlit et the rcdlizlnR salea or the pro pre cediitj; sessions. Thorp was considerable irregularity in price- movement. At in tervals the tendency was diptlnctl.v re- aitiennrj, but nevvheic was Ihcre what ,.'0111(1 he called renl weakness. There vwi. en the ether hand, npparcntlj tiuiie u geed drill of joekeyltiK en the I part of the professionals te facilitate , profit -takiiiR, which included the nnt- mated bidding up of a few selective is I sues. Ter th most part the general i list lniliK lii e. et the conduct of the .list supRemed these responsible for the. icrent uplift had net completed their ' program, i While nmpthine in the war of a tonic would surely have come In handy,' tneie wiw nethitti,- in the week-end (if- ' vflepninnts povseIns any particular! i stimulating influence. As n runtter of' fact, there was about an cer il division. I ei reimI and advene ne-vp. Nothing es I poelal'v bud, but of the e.Uiber like!.-' , in piotueto caution and dirvrituinntieti. I l'1'l'f monthly review of the redernl Up- erve I'.auk centirnied recent reports of i j the nupievmcnt in various lines of the j m J trade. Net much attention was Riven. "g . t'- t!te published interview of one of a I tne leading oil men intimating n li- t..miiiing production in the Mexican oil holds. Hitappe.ntineiil ever the tax ig! prsram manifested en Saturday dlap ra , piand ever Sundaj because of the ap iS prciatien of the likelihood of some 55 radical ciiances bofero the measure a reached Us tinal passage. 3 The uneven coir. . et tiie market was a tvnitied at the eutse' bv the diei of 1 points in Mexican Petroleum and n -point rt.-e in Baldwin Locomotive.! j t llie former veiling off en the interview a nterri-d te above, while the exp'unatiec ; ii given ter ti.e yoesi jn Unldwin was a uiimp'-l r'.peit of the sale of the l'lill H ' i)dlpliiii pi. ait. vjenernl A-phult vvas Si1 another tr mg spot. There wire nis j P .'ions earmarks, however. Indicating R th.it U.m made-te-order strength of thee 3 j sp'ccted issues was largely for the pur- i pose of fiici'itatine profit-taking in T -tli. r narts of the list. In all events the &Z ml nk n f..tin- unfn tnttrtp furth, unit. I ..-...Kk,.u..l. ..... i.-..- I. ...I ...1, ..... i ing nt tlie Pacini's being noted. Oc Oc Ms'.ennl tieallngs In the rails were iiiiunij a higher level. The steels waver ed, while the equipments-, i hem'en1. leather am) textile shares were 1'rne '.iiniall better. Threat"')' d lab-.r ei"' jrbanee ' 5 i 'Hinted ter t'-e vean.-s of sniup of. tLe pinking s'larc. Wihen & Ce. I w common lest . points and the prcierred t j l iroepisl 15 points. Later in the niern- , aig the irregularity nf the list became Eg (.nor? proueuiii ed. Mexican Petreleui..' S iiivl the hicler pr;ifd ilc,nieftti oils centintivj te -115. I :t Kurepe.ir ils ft nt.d miner dot estlc har"s wfrc tin!. S I Call money rat' epe: ed at ."i1 j per e-iu i !"r ronevvalx, but subsciiuet.tly ff t ." p-r tent v itlM'.t eff. . Clsi Government, Municipal, Railroad . and Corporation Securities Philadelphia Stock I'reiij-j us- LEMGH XAV1GATI0X I STROXG FEATURE Litllc Detw and Feu- Change ., 1 "f Made in Other Stocks Ltusul iTH'ii;niiiiiiiuia1iflii,,. n tin.-i- ..1 &, , , .ira, h v :-,, v ill Spruce S20C r 1. LIBERTY BOND A ' i.e w.iiei imi'iiiy ler T.eh.s'.i .,iv,, .irii a supplied the mut interesting do de do "'eii'iienl of the operation in the meal 'arket. After silling down te (IT1., ex 'iv.dfiid of M. against fi!) oil Satitr-. nv . there v.as a quick recovery te the , i,iher tigurc ugain. disclosing a re'ii - sciint supply of stock. A- vr.is the , is.. ,,:i Sattirdaj , the ineri ment was vltheiii (lefinlte explanntie'.. The rmiie..-- of Penns.vlvania Ilailread ahe mie in for attention, with the stock 1 dvancing within .1 shadow of ,'v7, or 'i advance of r,s ever last wwk's tinal I '.''atien. I Apart from the two Totiepah mining1 --lies the dcilinss in the etlier locals! - e'.ti t. The sluggishm of tin "il was enee 111. n- eeitnterbtllan. ed e centin'ied 1 xpaiisien of tlii odd . ib-aline .11 the Neve Ymk s'eei.-. ! .lie pme mev eii'e.u of tiioe ,lnte 1 .is eontinueusiy kept wttiitn one ! t Itlirir1. ii.i-i;r-ii m Commercial Trust Company M. mbrr Tnlfral Itrsri. s . City Hall Square, Ve -".-. Ull C .- 11, B v.iiy nan equities ire't ''"""'iii "ieSsii eontinueuslv 1 gun et the parttv or the ni w 1 or. 1 otatiens tlie trading, lively as it was. ' ... ',. ,1 '.i.-al . during. 1 inlv medi-rate transactions -icte 1. tered it. th utilitv group. I". 1 J. I. jjineil ' of last week's reaction ns--g u ."'"i.. Philadelphia Klectri.; is- , Ktill h'-ld their gie'iml. Ill the , .. ollar.eeus lit there was little in-, s- ::ianifesied. Few off bits cam" I . in American Sferes, American 5as ' Pi tiiisylvania Suit. 1 He'r-. ten ten tee 030 ufte M10 tee inn ',00 ten leoe ,Mn ten tun 10a 100 own inn 'MO son Hen 14011 1000 400 r.ne J 400 300 40S 130 sne 10) a 0 100 .-.500 1000 200 100 1000 .100 TOO jenn I0M niei) tee ,'tuOI) moo '.'00 uteu ire 400 100 ;co -oe tee KOO inn n 400 ,'no 1000 400 tee 1000 j en 11 100 OJO me 310 ,00 1000 ten s,0' 1'ft (ten 11)0 800 400 '2600 71 01) eon 101) l0 '.'00 5.1HIJ ine 100 i?oe i:m : 41S0II "00 ::i)d linn Cs'll) 4HII ADO 1:iun iinii lt.11 1,1111 inn ion '.oil ;en 4110 Vine 4m 100 ic(.0 lj-n li-.n tee 100 a,'en ttoe 1T00 li'O joe 3KO0 100 jsoe non 1011 900 ten .-.en 3 ion 1.7R0 1000 liCiO jfin.) .fjen j . vn i 00 ten tee a. 300 1 In t Illith . . Adam Express 1 Vfc 4 A r Induction tll'j .. Ajar rtubber "eyt .. AIeaIcu Juneau O M.. l-j 4 Allied Chcm & Dye... 401 4 Allls-Chalmcra '9 Am jgra tn-n pr. . . eyi Am Dank Nole 47 Vi .. Am Beet Sugar 3J'i .. Am IIefcIi Magneto.. . . Am Can '-'O V T Am Can pf S3?i Vi Am car & rly lai . Am Chicle 9 . . Am Cotten Oil Ifl . . Am IT da & Leather pf 6'i . Am Internat Cerp. . . . nTJj . . Am Linseed, 'I-1 T Am Linseed pf 4S fl Am Locomotive 0"' 1 Am n.-ullater ? .. m Safety Razor.... 4;i .. Am Ship & Cem Ti m Smelt SS'i t Am Smelt pf " 3 Am Steel Foundries... "Tj Vm Sujrar Uef ."H'i 1 Am Sut?ar Kef pf 7H .. Am Sumatra. 3Hi e Arn Tel ft Cable 31 "4 0 Am Tel & Tel 10SU is Am Tobacco B I'.'.t 13 Am Tobacco l??i 7 Am Waterwka 7n pf. 01 ' Am Woolen IS-VJ .. Anaconda Copper .... i'li 1 Asse Pry Goods J4Tn 0 Afbe OH 103 ' j 0 Atch Tep & Santa 1'e. 86 3 Vtch Tep & S T pf.,. 0 .. Atlant'e Petroleum .. SI'i .. Atl Gulf & W I S S... 31 ! . . AH Gulf & W I S S pf !.' a .. Atlantic lrT'jlt 4f .. Assets neallzatle'i ... 1's 7 Uald'vln Ixcomettvo , O'iij . Baltimore & Ohie a:i Barnsdale Class R. . . '.'4 .-. Uethlehem Steel H 3T 8 Bethlehein Steel $ pflOU; . F.oeth ".'Isherle.a 6 Brklyn Uapld Trannit 7 '4 10 Burns Bres H3U .. Butte & Superior Cep. 144 . . Cadde Central O & K. IS1; H California Packing . , . 1 .. i"al fernla Petroleum . 444 7 California Petrel pf... 80 2 Cal Zinc A Lead 4- 2 Calumet & Arizona... 51 10 Cnnadlmi Pacific llSTe . . Central Leather "? .. Central Leather pf . . . O'-Tb . Cerro-de-Pace ... . 30 e ""handle- Meters 44yi .. Chesapeake & Ohie... SS'i . . C & F.T pf ct lstaspd 7 . CM & Gr West pf IB' J . Chi Mil & St P 2')i4 .. Chi Mil & St P pf SU .- Chi Sc Xertliv-estern . , tU 4 Chlcipe Tneu Teet... 34 . nil n 1 & rae nsu r, ( 1.; P. I A I'ac C", pf. c:i'!. Copper I'-Hi Ciime Copper "Je' t Coca-Cela 3s34 . Co'erado l'sjci A Ire". 'M'.. r, felum Gap A Klec. ... ' .. Ce'.un-. Graphophene. . t'i . Cel Granhonhnne pf . . Ifi . .. Conseltipited Ciirar .. "'' 7 f onselldated C'gar rf. " 4 7 Consolidated Gas .... 91 . Correlldated Textiles. 17 7 Continental Can .... 40' 4 7 Continental Insurant) "1 ." Cern Products Kef .. W 7 Cern Products Kef pf.107 .311 Coden .v I'.-. 3Sii ( rue e'.e Se t'K'M .. Cubnn Am Sucu .. . 14"nj . 1 'aluii I'ar.i" Sugar . "5i . I'ul.an Cane Suirar pf. 1'i liavlsen Chemltal ... 4';. !i Pelaware & Hudsen. .102 rt Pel Lic Sr WesteTti in"" 4 .-, lnilicott-Jeli;iEcn ... ""0'4 .. Kr.e 1254 . . Kr'e ter t.- l"!r 11 K.iii'l? P'.ij ers li. . . i3s.t ,s yai.iuiis P'evers T. 70 ... s;; P.ubber 11' . I - M :' T. T. 14 'l.'tin Wrr.M A Wit;.. " I Jen Am Tan'.v Car 4.; neral Asphalt .. .. ". t1 i ,-. .'.er.v-ral Asplia,t j,?. ..1H C General C'gar 5M, 8 General K'.ectr'.c ltl.fj 1 General .Meters 10 ti .-en M ..ters pf 0 ' ! tl Gen ?.tot..-i rieb C .. I"3?4 0 Gen Meters deb 7 'V . . 74 7 Goedrich B F pf 70 7 Great Northern pf . . . ""'i 4 Great North Ore ctfs 'It "U Gulf Mobile A Ner pf. 10m . Gulf State Stc-1 ::'' ( Haskell A Barker tJr 71 i .. Hendee Mffr Ce 11 . . Housten Oil "JS I.ev 49!i asi?. iOJi i IG at 4V2 'il Vi as 2h;; SJb 131 n 19 32 te; 24 4S 02 ti'f -4 (i .iDt; SO., 23 , is;; ae-u 31 108 1234 I2n a 77' i 41"i 34 Ji 1035; !"? 80 51 i su u 38 Ji 3 l'i Ui :i7'8 24 leu 101 t 714 112 141; i.t; run 42' j 79 4'4 31 113'2 2 03 U 30 43i; 31! '3 t3, 23U 6S'i 14 32; OS 12 2114 3S Hupp Motorcar 11' i Indian Uefln'nsr 9 Inspiration Cen Cep.. 1 . Interb Cen Ceip ... 1 9i Intcrb Cen C.irti pf . . . I.itf m.f Agrlci: .... 7 . 7 Int Ilarvrsttr re'v. .. 79 . In: Me.- Mar'.nv H'4 0 Tnt Mrr Jta.r.r e :' . . 10J Intorr.atler.a; .V'cW., 14 li . International Papr .. 33' . r.ivlr.clble Oil dtp .. 11 v . . Island oil ', . . Jenea Brer Ta 2 . . Kanaaa City Seuthcn -'4'". 1 Kanshd City Se pf... 10 :t-i VI '" e.v; fii lis; 40'.; 61 107 t 04T'i 14'; is' . 40 'g 102 ie; f!i 12'-, iMi tit:; 711 "j 11 l'.i '; ttj: 02 J j loe .ii 132 'i 07'i fix-:- 71 71 72'; 31".. 19",. 39 1- 09; 11 78 It 4?4 30 Ki 0'. 7', 7S04 II 4S-U i.n, .vi u it 20 .'l'i lit 1 -30 v. :t. 20' j i ir. '-, ni 31 Vi 47 li 2716 ill 4S51- M'A ' 131 :- : 19 12 - 24 41 - tiij'i 7H -?-43; (1 - 3i;- 70ii 2Ti ' 13',;- 77J nsH )- 01 Vt- 108',; . 123 H-12K-r 03 - 77'a . 42?i 3tTi-i-10311 . 8?4 M 214-r 2J',;- 22T 4 "Vi lli . 01 W ! S7JJ 24 3fti; - 101'i - 71; : 112'-..- 144 13U- t.7 44 HI - 4';- ii : 113'- 2'f)- 02 J, ! 511! 1!-i r 33! ; - nsi-;- 11 : ii; OS -12 '.-.A.I -3S 21 ' C3'-. 4 ; -1 vf -:- 8IJi '- ni ii?- :;- et S'l 107 - 33 - r i"i- 7?4- 1'; -435; 4- 10?'.--1074 4 (ses-- 12 -i - is;,; , 4M - 79V.. f i!-a : ; 42?4--- 03 -100 Skli-' 132 9V r.7ln - 034 74 -' 76 4 "MM . 31 'a -l5-i-304;a- 70 ?;-:- 11 7 11 - Wi- 14 13, 71..- 7s-; u- 14 .-.I It - m- 20 24 :. Net ( 'me. ' 1 ' vie een in 2.100 70 0 tee 701) DI-. In Kan-tart A ilulf Kellv-SprliiKtleld Tite Kcnnecett Copper . . . Koystcne T A It Kreage S B Lackawanna Steel ',2 1 U's I', I .""I 111 M v Ti. n; 1 !a 7i '4 ?; T, j J. Vn '; r; f- '; 1 :iH 4: - 1 M l i!i 1 li 1 9; I !i 100 3. se Lehigh Valley 31;; 100 . . Lima Lbcometlv 74ti 1100 .. Locvre Ce le0 1 Left Candv , U"0 .. Marland Oil 800 2 Martln-Pnrrv JOtl s May Dent Stores...., 2700 ij Mexican Petroleum ., 100 Miami Copper , 7700 I. n Middle States Cerp... BOO . . Mldvale Steel 200 .. Minn A St Leuis tee .. Me Kansas A Texas., 000 . . Missouri Pacific loe . Me Pacific pf 2t0 . . Montgomery Ward . . , 100 .. Mulllns Hedv 700 .. National Acme 200 7 National Biscuit line : National Biscuit pf . . , 100 r, Nat Hnum A Stamp.. 7ne 4 National Lead 100 7 Natenal Lead pf 700 .. Nev Cen Copper.. 1., '-'000 5 New Yerk Central. . . , MO . . New Yerk N II A II. . 100 New Yerk Ont A W. . 300 7 Norfolk A Western . . . "100 r North American ctfs 1100 ,. North Amer pf ctfs... eone 7 Northern Pacific 1'0 3 Neva Scotia SAC... 300 . . Ohie Bedy A Blewer. 1100 .. ekla Pred A Pef 100 a Orpheum Circuit 000 -j Owens Bettling: 300 .. Pacific Mall 21500 .. pacific Oil 4510 0 Pnn-Amer Petrel .... 000 tl Pan -Amer B 0"n . panhandle 2100 2 Pennsylvania P. P.. . . . 700 .. Pcnn Seaboard Steel. 1100 .. Peeples Gas Chicago. 700 . . Perc Marquette 100 3 Philadelphia. Ce 700 .. Phillips Pet 3100 .. Pierce-Arrew Moter., 800 . . PIcrco-Arrew Met pf . 1100 .. Pierce Oil 200 .. puts A West Va 400 . . pond Creele Ceal . . . 40 . . Pressed Steel Car. . . . 200 . . Producers Refiners . . BOO 8 Pullman 1000 .. punta Alegre Hug-ar. . C.100 2 pure Oil 100 2 Railway Steel Spring. 000 . . Rav Cen Copper 3100 4 Reading 100 2 Reading 1st pf 10O 2 Reading 2d pf 100 , . Rem ngten Typewriter nun . . Republic Meters 3100 .. Republic Iren A Steel 100 7 Reb K!!, & Ce Iht pf H11200 3.20 Reval Dutch Amer.. 1200 . . St Lculs San Fran 300 . . St Leu's A S W R R. :0i .. st Leuis Southwest pf 33',j 600 . . Santa. Cecelia Sugar. . 3 100 .. Seaboard Air Line.... '; 6 0 .. Sears-Roebuck S'S 100 . . Seneca Cep Ce--- .... 20 100 . . shattue'e Arizona Cerp 0 3000 .74 Shell Transport 36' 7500 .. Sir.cla r OH 3f 2700 a Southern Puclflc 79 1100 .. Southern Rail 19i 200 .. Southern Rwy p . 44 300 4 Standard Oil of Calif. H3',; lf'0 r Standard Oil of N J-.lMVi 100 2 Stewart Warner Speed 2314 11500 .. SlmU-bnker rta 77 700 1 Submarine Beat Cerp. COO .. Superior Oil Cerp..., 7' 100 .. Tenn Cep A Cbeni.... H9 10200 K Teas Ce 4; 200 . Texas A Pact!"-c 2.1'fc iiOO 1 Texan A Pan C A O. . . " 1700 u Tobacco Products ... 02'; 1200 . Tel St 1, A West ctfs. 11 1700 . . Tel St L A W ctfs pf. 2.i'a 1100 Trans-con oil 0'4 100 8 Cnlen Baj; A Paper 03 3800 .. Vnleti Oil 234 400 10 Cnlen Pacific 121 U 100 .. "Lnlen TmU Cat 100 fnlte,l l.nig 03'4 1200 1 Cnlted Cmlt 114 4900 0 I'nlted Retail Stores.. 12; 1300 V S C I P A Kdy 10J.; 200 .-, C s C I P & Fdy pf. . 43 100 l" S Express 0"Sj 1100 L" S Feed Products... 12 1500 t U S Ind Alcohol 17 M 800 . . i; S Realty A Imp. . . 10 "b ' 2600 . U S Rubbtr 1C; 030U r. L" S Steel 81 . 1800 J rtah Ceyper 10M 100 .. Utah Sen 9i 100 7 Van Itaalte 1st Pf . . . . 79 'i 100 .. Vn-Cur Chemical .... 2SM 200O Vanadium Cerp 32JB 100 Vlvaudeu lnc H 100 . Wabash 7J, 400 . Wabash pf A 21 i 100 Wabash pf B 1.1'i 200 VfKtein Maryland ... 9 100 Western Pacific 21 'i 100 ; Western L'n.en Tel... 84 400 M'estlngiieus.- K A M. 4.5; 000 WheeHinj A L K pf . . . S 100 1 White .Moter 36' i 1700 . Whlte Oil Cerp 13;, 1300 . Willys-Overland fli, 180 . Willys-Overland pf .. 1800 5 Wilsen A Ce 34 's 200 7 Wilsen ti Ce pf 01 100 h Woelvvorth F W 119 300 Worthington Pump .. 42 H 300 .23 Wright Ae.re 7'j Li-dl !inJ. Until Leiv .7'; 7 . 12 ii4 , 23 22; . 10M tnjft .160 1C6 . 48 ti 42 Ji . HJs 14-. . 74i; 7it; . uy2 14 j,; . m; ev . 31( 25 . 14 l!a . se $i nay, .107 109M . 2314 23 Ji . 1414 1 . ji; 8514 . 7?; 7M . l?J 15. . 19'j 19 . 43 421-4 . I8"j 1SJ4 . 22 li 22 Ji , 13'4 HIJ . 118'j 1IR- ,lin tin . Wi 4SJ4 . 77J 77 . lniM 104M . laji lau . 72J4 71 K . 14'; 14 . 19 4 19S . em si . 4e;; 39(4 . ..7 .18 Ji . 74 7,1 , 31 U 21',; 0'4 SKl , aji 3 , 18(4 1814 . 2 H 3AJi 8'4 8'4 , 40M 45M . 4C?; 41 . 4414 43'; , 12JJ 12'4 , 37 .10 'ii , 9Ji fl , 33'4 13 . in tsii , .11 St , 2e; 8H?; . H',4 141. . 32 Ji .11 U . 7; 7 , 34 ' 2414 . 14-U 14J4 , 00 !4 00 , 31 tf 31 , 102 101 . 28!4 27 9J , SIJi 3 V , 84 84 , i3j is--; , 70i Cll-li , 43; 431; , 43Ka 4314 p 21 21 , 7 "ii 7',; , 51 '4 10 i . 41'; 41 . 10'; 4814 . 23 a;. . 23 28 .12 '4 l'i 4"-. 07 Ji 20 0 33 '4 2! 78!i IBM 44 83 153 '3 23 '2 71 1' 2 714 8 s; 42 M 22' j 31 ; 01 '4 14 19 !e r. 88 '4 120 a; 07 (1.1 '4 lllije II '.2 ll4 44); en- 10. "j 47 ii?i 4 II wis; 10 H?8 70'4 28 M 38 8 714 80 9; HJa 9 81' j 84 41j; tltt'-. 1.1'. r, 'JTI or, t;i 119 4! 1 7!A 1:30 I'. St, 7 10J4 180 -f Ji 4J . 74'4 14 H-f nw- 21M-1- 1014 8014 108 4 -23 M 14 -31 '4 -7?s-1 l!a 43 ! 18'4 -22J4-1 I3J4 - 11814 110 i ISJH 77 -- 1014 -13 71 -14 - 3!4- 38JJ 73J? i 21i; 8'4- 2J4-S- 1814- 28 Ji - HJ4-? 46, -30'ir 9V 1314 " lSli- 31 -: 8'.;-'- 141i 31 U - 24U 1414- co-- 21 -101 - 2754- 34J4 84 -139i r 70 ;- 43 U 43 Kb 21 - 7S4 . 50'j-41';- 401-a :- 22 '4 33 '4 . 33 r IJi- 414 os!'-:-20 6 3iU 8314- 78M- lfl!4- 44 83 153!4 33 !i . 71!-.-3'4-7'; . 8?- 43'i-' 83 '4 20 . Cilli- 15 214 v ',8- 01 - 23 - 121 - 97 0.1 ;; - 114 ll'a 1U 41 47 11 K - 4(1 - sua; 16 9S 7014 2SM r :i24-i 8 7 la 20; 13J4 9 21 '4 84 -15j 5 uu 6 3794 32 - fil 119 41!-j Naf CtlBC. !'4 '4 H V !4 M 3Ji !4 i; 14 14 'U !; M !i i 14 H 14 !4 ii !i 11 is V M li 14 i; 14 4 l'i "Vi !i ',; 14 14 Hi 4 li 'li i; in 1 14 !4 14 1 '4 ' 24 1 !4 COA L STOCKS ARE UP ON CURB Leaders of Greup in Special Demand Meters Unsottled. Oils Unchanged i' 1: n; i 4 7!5 'i 14 H I New Yerk, Oct. 31. Cenl stocks were the feature en the New Yerk curb during a poed part of thp forenoon, the three leading stocks In that group be InK In Kpecinl demand and mnklng Mibstnntlnl udvnnces, but outside of these issues price movements were gen erally narrow nnd without importance. The Impression prevailed thnt tbc Hums Urathcre' issues were being ac cumulated in connection with pregresi made toward the absorption of FnrrcV Ceal. Duriis Urethcrs' D stock mevet up te 1"4 and Fnrrcll Cenl sold nt iai te 10, but both bteeks reactct from their high IcvcIh after midday. Olcn Aldcn Cenl started ' nt -14, but was in supply after thnt strong open ing and yielded ever 1 point in the lRst half of the day. Other industrial Issues were compar atively quiet, Sweets Cemnnny 0 America selling nt &V te 3& nut! United Retail Candy being in aupplj en a range from 5Tm te 0. Moter steckB were unsettled, I.incel Meters A selling down te the new le record of r'A., u less of H points it less than a week. Durant Meters wn itiHctivc, n small amount, of biiHinet being transacted at 25 Vj. Gillette Safet Hazer, ex dividend .$3, sold nt 173' te 175. Petroleum Mecks' were fairly uctiv but without mat: lial change in price except in Heme of the low -priced stocks. Angle-American Oil rose te 18r;s tin Continental Oil sold at 121. Standui Oil of Indiana sold from 80 te 0"i Arkansas Nntural Gas was 10 ti nn lO'i nnd Maracnlbe sold at 27 te 27. Omar Oil rose te 100, but reacted . 07. Snpttlpa Itetinlng was 4 and Simti Petroleum sold at $', and b?.!. INIlL'STltlALS 1.3 Rich I.OW V. .. Acme Ceal 10U US US Acme I'nckintf U3 h l0 IluriK llrea U 31 '4 OI 31 v. Cal Cruihiv! Prult O'e 0fi 0 ChlciiifO Nipple 4'i 4 4 Columbia Kmcrald ..... 1 ' l'i IS llurant Mtra 2,t'a 23'j 2SS, KRrre.l Ceal Ill I 18"n Ulbnen Hewell . li 15 IB Olcn Alden Ceal 4 1 -13 43V, Oeldwyn l'lcturen M4 5-t ".4 tllllelte S II ex-dlv ....176 17.1'a l"." htnteln Meters A .. .. 8 ls 3S S J Zinc 121', 124 121 Itadle Cem 2'a -' -1,, IU-publlc Tlr.) Hub . . . 2J 22 22 II J Iteineldu, new, "11". 34') 34i Utc, !j(iutli?rr Ceal and Iren.. 8 24 2-1, Kweeta Ce ...., 3 U 3' 3 c, Vnlted 1'refiti.httrliiB ... l' IS 1 -, United nctall Candy .... 0' e'. 0 Wcyne Cenl 1 v 1 'a 1 ' West End Chpni 1 '4 1 '4 1 H rciub Uult Huilitl 2SVi 2S 2a (sTANDAIUI IIIL;' Anule-Ani OH 1S, IS', Atlantic Lobeii le'i 10. Continental Oil 12 1 124 imperial Oil U0 UO ti oil of lnd 00 't he S Oil of N Y 330 330 l.MIKl'ESllI.NT OILS ls 10 121 II U 80 k 33'! I i; 34 '4 li l'-e I-a IKa M i. PHILADELPHIA STOCK MARKET 1 w Investments Baker, Ayling & Yeung JOM.ril . HAI, Jr., Munurr Land Title Bldg. Bosten Philadelphia lelileb "lu'lfy C0.1l ..nn..inj 4" i. .IS lf'1.1 lhlgh lullrv II. It (.til. I. i. -iv. 'ue.l 1 enni.iuiii. ii i(. i.iiiui.. it 111 viitturitlc FOREIGN EXCHANGE Nei erk. C". il. -Winning . lela- I ' 11- for i'ihii.si .. . ange t. i'a; showed' li 'let tip 4 pnii ts, l.re lu'.j ,iOitits j I ghe- and Norn i.v 20 points better, j (i.tiipa-ed with Suiii?c"h-.'h filial luurcf. (t'l.et-vise thete e.j-e general derllnes. I .sering lnt r,s. S'iss 4 peind., 1., ..!'! 12, mntks end pese'as .' it nr-i ca-h : Stockholm ", Cjpeniinger. . .iiu' P.'-jcnn- 1. Te innnges wet ruiibuteij gcnerallj te tjeculatr e ev-I vr'U. .rs. I The ;ii-en.nun 011 New Yerk funds in Montreal ted.iv w,-ih S 's per 1 out. The' iliscii'iiii fni ( anadian funds in Vew Yerk ua 7 I"-It! iier ent. ' Tie centra! Kurepean eirhanges wi-vi tiady t.ia.v. A.isflan ciohnnite r..e a ti-ait'i.ii fiem tl fTirerie luw re.-er'l teaeheil last week. The quota tions were: Rumanian, .P.VJ ; An0-1 1 nan, "51'.: llulgarian, .05 : Serbian, 1 1 .'14 : Finn marks. l.Ou: 'irck. 4.4."; Hungarian, .13' f. svTCRDAr s ri.Nv.i. -' mmtiia? S'rl'rcr I -it. 1 !.:- ( . 8. D.I1 7 Si'., 1 mc, . t. 8Jt4 7 31 '. l"l TS 3ti's 37 1 s 42 31 : I01 anc 1 ab ea 'rn L4.0.I 31 CO ' nniauildatril Trurtlen of S. J. Venn heiilin iril Mer-t ( onieuni ... rlitril llllnuli. l-.nlit Cuinimni Vliltildrlulihi 1 It) 1'ut.a. II). Neutli Jersry (.lis. I. In A Triirt. sijraruaw I.lvlit rower lull. Tr. crant"ii 'I ruction t emimii) Ut Indinnii CelumhiiK A Cielrrn limplre Hetliilnc lumimn) Vmcrliiin (la ( emnitii) .Ifrsry (It), llnbi.k.n A l'iil-riiii Waterloo, Crdur 1'iiU. Nurllirrn I lid In 11 iv niri lerp. vuj. Wllnilntten I.lehl it I'imrr ( u. sprlntlflil ltullu .4 l.lelit (e Aeclnted ! A Tier. '. M UUf lllarrr ll.llrlnll II. U. hTrnniar I.tKlillne I eniminj .1 H Y ' ."'a lii,::i ll.s itus nut 1 11,1:; m.vt im; IIC'I. itu; ltl.'H itMti I Kill LT OH7.V-s(, CJl OVrin.Nsi S'rl nc lrri..B I.ir'i iluilrie- 3 1'J", 7 .'.I I 111' , .11 .J.l . . .1 ';3' 7.00 , 1J 33.15 LIVESTOCK J-S-fl'. - 1'k 10 BO 3 it 1DV1 Kill V Ml'. I IMUtninrli. I'll.. 'Vt ' !, 1 in j 1 u'i 11 vn-r s.'. Im. a. J'l'.'ltfil :t. , '.O ( a. .fa receluta. '0i) 1 i. 1J. 1 T . H(J.S IU-.-dtla e.uini QUOTATIONS st r'ATTi.r ficri), 1 l.'4d l.ei.' ll4Viea Itj.lOSf h 25: hevr erkeri. .lant jernara. i eiUB.70, plea r n lls ',. s t. . Hieady lb 0OW 1 S 70 SAMUEL K. PHILLIPS & CO. Mruibrra rhlliidrlnhla Mmk rvrlinncg 007 niEjiMT NTiiri;r AUTOMOBILE INSURANCE I.inKHTV SU'TUAT. 1NH HAN015 CO. Pliant' I.erunt 09111 '.'11-22 80 istli Kt. Hixli-Krade 4xHrltnccd Imnil Nale.s1n.111 wanted by old I'ltila dt'lphin tirni liHiidlln; active littt. Splendid opportunity for richt man. ytnle experience. U 8$.', LGUGKIt OFFICI'J 1. ii.'. in k fc.i slll.EP AND r..MIl ruv.irta 4B0-D l' 193111" .nt Stead, T.u alvp. 18.26 top Iambi, ' 5V 10 rr iut iiniYuie, ec. 41 - vrn.i: T.t "in , 4110 leal Liu!., -(ma 2r.ft".iie U.wfr rhliiplnif at-'. 7 7r. in lu-tlinrH. "TUti.ie yearllrrja s.i0O10 tlfra !'. T !), lwh. Il.'i.iw.". U.Ila. 8n. b'u-kkii ii.i. Idera. IVtrer.ii, fraah 1 .jn ar.l r'lnsera, 102l". Calven receipt, 2200 li,id. F'ftv canta Kwer. JStrHS, HOOH -Heeclpti 1 1.000 head. TVuntv. live canta te .1U- lower HeiVT. tS.SSO s .-,0. mUfrt, JS .'i0, erhera 4 308.flO; .lutit nrl(ra and pica. ?s 73110; reurha tl 7.107 ataea. S41i.'. SltBBP AVI) I.AJ1U" rcipt "i-.d I.nr,i.s urnl Jcullll. f.O. li. Hi' .irllnuM .i -.iiiJJi; -,e ra J" 2' ' ' -.0 -. "1 'a I .", . H 70 i l.'i.oen l.we r: xaj :! Am Stts. ." Am 1 inn.. t'Mi-.Am Iut C 10. 'Am Sum. '"tAni W."l jOtAnetuuda j.-i-;Atl Cj'.f T.-.tllald l.ec '.2 10 'Cc'. re.. ,2" ."VltCeKir'ph i1s 2"fitpiolble, C0f,B 20tC 1 A. st r pf. 3hV .-itiTfhi u I. 3:i' & J.".flicl&lld.l02i4, J.-.Krie.... 12 1 Krankf.J .t. Swl: ...20S'V inOiOen An Tank .. 42 '"j, ."'1 Oen A'ph 114'.. leHien Mtrs 10 40 I nsp Cep 30 2oe Lake Sup tJ:'i 1132sLeh Nnv. TO 7 I. eh Val.. ."ri'Ji ()tI.(KJV.S... IP.. 270tMa l'el.107 20'.MId Stat. Oil ... Us .-.e;n v IJ fi 11 14 m;-N(,r 1'i.c 74 2.")I'nc Oil. 4.Jr'i lOTan-Aia IVt . . . 4tiVi e43 Pa 11 It. ..1h il." I'a Sail. t'ii"i 23 l'hila Ins Wire . . fi4 1'hil 1 :.e'- 37 de p. of.. 100 PhilaTrae 100Piete Arruvf. lOMe pref.. eOtfciinelalr. STi.'itatu'b'kr 30tSe Pac 20fT Pae : & e KttTas Ce 423 0-4- 77'n :is.s Jtil'j 'il -. 77T4 42 ilia-, m 1 s rt.-'4 i-st: . M isr-c. 3rt': 'i 37 - J4 7S ' ' . I 42 '-.j :a .-;-i -si ii2-2, j r.2-n.. ::.-- 'J 20lVest.iiu i:is- .. 400 Wt J & S. asii re 45ri 20 u.i "S " r' a-rie :mde 1 envpin-u- aa.e en .v Yerl' si- KxehariK- llx 1.1 '.-inl tell1 -Lch. Kiv . ' , ten market a firm opening nt 17 te 30 points net advance. Japanese houses and Liverpool nlbe bought en the call, but the upturn attracted Hitch heavy 1 selling, particularly from spot houses, I that shortly after the start a tevcrc re- ; action occurred, during which prices dropped about 20 points from initial level". 1 Sa 'i.i- a t;r.iM nr." 102 v;- - '. 22V4 2rt-i r.4 23'? 7d V-j 7S-.. iteuui.il BANK CLEARINGS r ai uc tte a ce.tu. eu vr th cer. S jce at uc tte a cp.ai. eu v da aat w nlv lO.'i lJ, J0 due 000 5: l'Vfjj J7 10 0 373 Ten Hei. 10 Ten Min 13 T (i I.. (13 1T S St! JOO'H' S fast I P pf lOtH.tbmih pre' A PS Ph .".'t'v M 41- tr -s 201 i ' 42-i 113', 10 3i -"; 07 '2 44's IPS 101'. IP's 1 1 71' 30 22; 2Hes 31 .A 23U 731ft 78 20 42i PS l'n 33 i M 4"S 12'V 20.sJ 4 12"',-!- i3'A- 10 3t'. . . e-4.. 70 - II'', iP'j.. lOPj 14 ' I V 71 ... I3.V - I'HIUMlKI.l'lIIA KOhDb 31'mi Liberty 100 Liberty li'HKi Liberty 20fl Libeity HM)0 Libertv 23"0 Libertj 200 Llheri; 2330 VI. tery loe Victory Mit) Victory 1(8KI Victory 400 Victory 2d 4'ts '42 I'.'.t:''. 3d 4ts 2S H4.1m; 3d 4'-,s "M 03.02 4th -P',s '.'!& f I3.2S Itli 4'4s '38... 03.12 4r!i Pt 1 '.".S 113.00 4th 4'4s '3S 02. IX) 4Hh '23 00.02 P74S "23 09.30 Pis '23 -. 00.32 4s '-.'Iv 00.04 Pjs '2:5 00.78 J.irutn. Vtarcll jIk:- . Jul: . ....! 1H 7 1 IS li,. 1S.PO 1.10 17 (,.-, ..pi. 1 r. m. IH l). tS 7( 1S.K2 IS. Oil 11.70 ig.Jt IS. 'i'l IS, 14 I'.l'j .... Am Tucl 41 Al.en Oil s . I Ark Nat Gnu 10 Itoeno Oil 24 lie!iun-W; enilnc u Cnrlb Hyn . citla tcrv "H" ctfs Clllca Srvlce prcf . . cicole Syn CudIiIiir I'ete Kik iUrtln l'ct Knglncera' 1'etrel .... rederal Oil rcnslund (iiiir.im.i en Olenreck Oil Ininnda. ,' I "ImiK-rlal Oil 1 I Jnt 1'etrel I4 KeytMena Hunger .... V I.) una 1'et .'7 Mnitma Oil " Manaail Mexico ' MiirnialUi Oil ; Merldan l'et Mex K.ik'.e .Mexico (Jit Mountain Products ,.., CIIUO HfillKM emar Oil I r.ed Reck Oil I Supulpa lief ' I Slinms l'et ' Skelly Oil I'.sj Texnn .".s Tu'Vcney SI , 'icterlu Oil. new 01 Wilcox Oil !l?i VVoedburn l' Y Oil S3 .Southern r t It 2 1 MINING f.lc L(dce 33 I)mt L Men'. Copper I'aii) oil ., Curtex Silver .,., f 'reiifiin Oeld I-.ureku ('rueua , Oelddcld b'lereriec , Itsil.v Mtnlns .., tlovie Hound Lone Star Mclnt: re Nutlei.al llu .... .Sin nd.i 0.itiir .., Mplinlnt; lli.y Iterculai ... lied Hills Se Amer V &. ..., Tonopah Ui'lment 1 com t'n.trd Uasfrn . . Weal Hnd cuti . . 1IONIIS Allied Par"ir Us ctfa Aluminum ." vv I Amer Teb ,e 10: Arr.r Tel Oi 1922. Amer Tel 0.1 11)24 AnaceridH (is Anaeerala 7a 1020 Armour "n Keth Htel 7' 10211... Delh bttel 7d lOSti Can I'ae da C'ena Clan ha Cnua UJ. 7a Ila'.te. . . . Copper liapert 8a 1023. Copper Kxpert Si 1824. C'eppur nxpert t) 102B fJrand TrvinW 8' . . . . Huir.ble Oil 7 I.iclede Oaa 7a .... t.-e'.lir Sa 41 4 10' 21 711 5 41 I It) i. 21 ee . . 111. lU'a 1UV .HO.". '1 15S 03 . . . 3 a :i ..II 0 I) . . tl'i 0'i t.- ..34 33 33 .. I'a US l'4 .. ltl'.a le'a 10' .. l'i la t i " '' ' ' -.'4 5.4 3 ', .. b4 b"-i bS .. ir.4 I.V4 H'4 ..Is. I 1 . . sa s.i ha .. ! 1". t .. 7.1 7.'i 73 .. 27 . 27 27 .. 10 !) U .. i:iv, li'n i3H ..'' 1" 1 .. ID'j 10V HlV. .. 10 1(1 3" J ..l"(l !i7 li7 .. I') 23 25 , MAY A WIFE BE MADE CO-EXECUTOR UNDER WILL? Yes. A man may appoint either his wife or a friend te work in- concert with a trust company in carrying out the previsions of his will. Under such an arrangement, the wife or friend, knowing intimately die personal factors involved, is often able te be of great assistance te the trust com pany in arriving at the right solution of problems which may arise. The trust company furnishes the business facilides and technical knowledge required. t The.efHcers of the Company will be glad at any time te answer ether questions en trust and estate matters. Fidelity Trust Company - - .-!. IM 325 Chestnut Street 143 1 Chestnut Street 63 24Woedland Ave., West Philadelphia Capital 5,200,000 iQDQSpy Surplus 16,000,000 Funds held in Trust mere tlian 250,000,000 4 13 P4 S.l Pi M "i1. .. 21'. 1 Vi 40 21! 3 ll Si) :.') as l'i &- l 8.1 1" III l'i 35 0' 2( i -li"" O I SI) 3D 8i l'i 82 '"'j l"i S.l lT 10 H. 2') i ctfa . . ir,--, c-i 4C'-j I l.u UD'h no', 23 ieii im, in it; n' . SDri .. CV-. . n8't . . i e S te; . . OS- . eniI . .lOO'i . . OS ..101 H .102 I.H 09 'I.I ne nut. mm ns'I itiii'i 004 US', or.-l iiin4 ns l't 101W 101', Pa 101 'I 1(11' 2' in2'i 102'! Pneter Onmbla 7 1022. Kern 1-nn. ve ca I'tii.ipiilnn e'jB Keira Tteebucl. 7a 1PJ2. 1!)23. NEV YORK COFFEE MARKET New V'erk. (Jut. 31. The n.kniw.. in rim tT.., f,.(rn. .i,. .i.i.. . I Beurn Ileebuek 7s s"... i. .1.1.... minimi una meininff i Hhawahean 7a lefleetetl a continuation of the burin SSuiKm" V V:..: nievtnient which itatted lest Thursday, I fSi'n?i'fv n y T7" Ve: ami carried utcemhtr again into new ' stand en .v v 7 1H2M hiuh Kretind for the season, that month :- '. 1 MHMI IlalMmnre A: flliin 4.iH. . . .O-Ti Uitir... . a 'tc j .i.i. - ..- ., i.iji ii ii ir i i - " 1.OT ! ""'". " """t ' viiJi'nrcii wuu (,,t,)C (no 1(KK) He I Tcleptioue is le'-'S, i ,...,. i. i ..., fm. a- . . iiOO Vm, T-a Xe-c .lev 3-. . . . Ill'i I rv(n! 1- .Th. effi('lnl epenlnff fiOiK I-ehiffh Nav cons 4j8. . . . h7-. , T- r.l p?'n,H h,B,,w. "" .sHtem 3(100 LehlKii Valley (P. . . . . .lets .TK ! peln h lower. '.iitiii t .i.i.k Vnii... ...,,r..,t Ji. T!ti. i " Jinu uicrc were no spec a v n j nn' 4-i-ii ikti i uiiij L' ''' t lit n . '4f .",(100 Penns.vlvania (P(jh KXiO Phi'a Klectrie 1st 3s. lO.ie I'nlted Hallways 3.. le2 SS US' Commodity Markets 4.5-S- :i.i' - 03 - GRAIN MARKET ( liic.isi), u . ::i Wheat urn-hanged te '," ) 'r for stat ten iJei'emlicr "i- 30 -2's :.t!",- 31 . nnd 'ic te 'jc nlxher for May. There ew developments in the market around mldda.v, the undertone held firm, nnd en continued demand from the samn seuices that started the recent bull movement December worked into new hich ground ler the seasen and 2 points above the call, nt S.32.-, with ether in en till also silling hifcher. ric i iftie i rr , n .17'8.13 S Silm'.-is 7 lH"f7.n s.ui (f(j.. 7 tiUiUS.fiO "h.Ol S.mN 00 S usr20 102U. OSi ... Stand Oil N Stand Oil N Hun nil 7 . Hwlfi & (Je 7h 1G23. Texas Ce 7c ln Hy Havana 7Hs I'nlted Oil l'reda b. Wlirelieater Tisb .... Arircntlr.e 7a Huaalan r.Wu B'vlsa BU a ss . Hi", , . P'i'J . 1.1.5, ..1.0 V, lel . . ei", . . tl'i-n ..liS. . .108', ..PUS . .ni.-.-; . . iw .1011", ..101 . . l)S . . 100', . . 03 . . nii'i .. l-iVi . . 04 t'0'.i til) tl.1'4 (10 1nii, sss li'l', tll"v llfl'i I'll no. mi'. -env, maw lets 103 U3l 100 nn 10. it; 03 ll'lll. 18'. 1)3 'i l'9H ti'r, li3U PS', lenv, n'.4. 0. uti'ii ldO'a lis OtHt, ni' HIV, lift 10(l, HSJ. I'llW DO'. OH "I II0V, 1(11 ten. nn', 10d', HM", ldl4 1113 n,., lnn'a id es'-j 100'. en IIH'j 13 1 l.l'. ,.,.-3:'-b-" ii. .r-v vr.r jtx L-rmvtHMj.-.-, .-wt-I i!f- --jyjj. THIS bank with fifty'five years of experience is well fitted te serve its customers through the present economic situation. Central National Bank of Philadelphia Chestnut Street at Fifth Coital $i,cco,cce SurJiJus cm! UnJiruki Preiu Eamd 4,4x0,000 f w.yf'Wfj rm in v 184th Financial Briefs tn u.1 m- van bus ill? "f tbe latter by sherta and the market made further paina after tin tart. On the advance there was vcdlinc by the Wirthvvpit. Iteeeipts Inspected Hnturdav were 14 cars; last year, 11 cars. The ca.ili luarket was firm, with eftrinin llcht and demand fair. 1 11 t 1 ! Weather reports show considerable rain, l't I'm.. ., . 1.1. !.!.. iii "11 it ever iae i-si. nun 11111 umu 1 urj i-i il'-S -4'u ,, ', ,. ... ,..... 11. ,.... .i.i.. Oepemue .Mrch . Jul, ni 1 :. 1 luin ; N'e Vnr eltfn pr! . .is BAR SILVER .1 T ruver l an iirtiim.-,,! In . at DO'.c per fln eune-; for- a em,e or 'ir. In Lbiiden the t .1 luw.i. a. 40.d. 1. I,, 7Sin 1 78". " 20 . 421,- 1-V m- 'i Sunday, but cleai-ltiz conditions this morning. Cern started unt4ian(-ed te n shade higher, with a very Hunt trade. lew orders were in evidence. OntH started unchanged -0 ,hC higher, -s'ith a little buying by n shipping- in rerest offset by belling lj cash heubes. Trade was nlew. 4J''r 20T4 10. Wis 1 CjU'j t. 1 eat '20'i, 20, 4- 4 Hm av 01' -1, vr, COTTON MARKET New Verlj. Oct. 31. Ktrentrtli of early cables, coupled with rather active. southern mill niiying ana aupperr. imm ."all street ictercsts save the iQCVJIPv Liverpool Cotten Uren-oel, e Jtl There, Vf.ia 1 i!r In nulrv for apet luttcn today with prlrea t-aaler in the tiaala of iv dedlne of 23 nelntj f.,r mlddllnir at 12 Olid Tlii salea were 7000 balea. The r.-clpta were 8000 Ll.leu, non American Kuturaa wet quint In the early rteallnga. Hpet prlcea were American, nil.. ("Mr fair. 11.74d- uoed mldlllnu. 12.(i4d. fully middling 12. !)d. mlddllnir. lL'f)0,;iei niiddllnc 10. MM, bwjJ ordinary, ! 5l)d, and id'.liarr. 8 S4d. Bank Resourcee Decline "TlilniiU.n, Oft 31 AKr'ate reaearpna of tha 30.H13 banUa In the country, amount ln te M(l,08,ss.(.i00. declined by 3.3'J0, 260.000 In the laet flacal ar, aocerdlne te a atatamant of bank reports for June E0, 1021. laaued laat nlKht bv Comptroller of tha Qurrapcy Urltilnstr. ThtV 8134 national eanKa raperiinv anowee tij ti'Oucllen 0 c Itia mmi or ..nndn c.ii;.-ii ler nanm-nt -ai.cn 11 iiiHlill'lly 'r( .Ni.vel.ll.er I"j usuf.ll ar.ia'I, lliia- 1 einpiic ed ,1 1 drain or nelertitil pai'H e' vnil.u l(Wa Ne -ntlr l.)ue. ar lnL ucled 'ft..) m iW... t.f 2 1K4 COO compare- Hltli till ."J ii e, 1, uctuUr anJ fa 401 01)0 in Nuvembei, 1 j-ji, ' asurcea 0: J2,b93 Stll.OOO Altlie'Uli .Vurfelk end VVeatern 1'. ,i. ' jroae rtvenui ter riciitei.il'er 11'iu i.ut eil'a up te U.at In n e.cr AUKUt or July, ihe nit iner.niv for Heinn.iber wan cyual le un an. nun I rate of (1 13 per cant en tha cnuiinn leth. Net Income of 11.001.149 In Pptem. bjr compares wltli sfr,.J4il in Aunuat ,ti 11.2.-,ss,i n July tlr,.,t. 1 favliia- In trana trana pcrtatlen Item and aeinj en malntenanre of ai .tppreprlntliiii iit.pi : thj net ahuwiiij; fur th-j luteat month. .KKre-Atii 'oseurrej of 20, si", banl.a in ths country, n-ueuntlny tu till BhS.Knfi.liue dt rllnil ly 13 me VOO 1100 durlnif the laat faeul jear. .ici'jr.'iiK te auiement of bank leperts ter J ww SO 1021. leaucd b .'111nptrnr.tr of Currency t'rtaaln.jr Tlia H184 national banUa repertlnit allow ej reduction In reaout.ea of I.'.SIU.SIU.OOU. Atchlien'H fieptembe net, as taken from the company a flirurea, n,i IB. 07ft ,t(j.i KKnlnal IS, 370 400 In Auiruat. Tlie drop of nearly IS. (XX). 000 la aceunied for by uM fact that vreaa waa 12 000,000 ln,s In Sen. teniliir and becaui..), betlnnlnu wltli Hapt.m l.er 7, the rpmpany nanerally reautned inaln inaln tenance work Mlilch had Lam cut 10 a 11111. itnutn. American Type reundara' Cempuny hj laauau lie annual repen (or tne year eni Aiuun ui, auiewinv net prenta et N2J Aiivr pniiieni or ioej .11 in ni'iqandii was uuuvu w m pius 91,10 Jii B'A m DIVIDEND OT ' idWi yM Undivided Profits s ' & "Sim ?i Ucben es tv.. .. i3U??ra4lPR it Resources , k ljSnSV?t NATIONAL BANK '&A l'rein tliti c-iniinga of the pa'st hi. nionthe-, the Dirccteva liave declared a dividend of .Eight Dollars per shure, payable November 1st te stockholders of record October illst, ALSO An extra dividend of Twp Del-la--!- per share te stockholders cJ record as of the game date. Thi Surplus Account has been increased 15200,000, inaking tnat fund .2,400,000. Capital Jl.000,000 . . 2,400,000 . . 275,000 . . . 190,000 ,..20,000,000 w E RECOMMEND consideration of s Ce. Circular PL US May Department Stores Woolworth Ce. Kresge Ce. because their business has remained practically unaffected by adverse conditiena during a critical period. Details en request. WALTER J. SCHMIDT CO. Membtn ComellJatcd Stock Exchange cj Stv Yetk PHILAOELPHIA 1323 WALNUT BTRBBf ' NUW VORK 1 30 DROAD 8TRBET 1 31 FIFTH AVBK"'- I I rin.a 1 iDvi.SJO 1 .-.3-0
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