!72r-V.-A- v IV '-T 1 EVENING PUBLIC , LEDaEK-PSjLABlSLPHlA MONDAY, NOVEMBER 14, 1021 , r, ,-, op I nil iiMiiill I Spruce 8200 LIBERTY BONDS ' BEcrniTii:s nrr.MtTMKNT Commercial l rust ? Company Member I'eilfral ltcerra SrMrm i City Hall Square, Weil iiii,.iiiiii!iiri!i!i,ii;iiiiiiiiiii 'msw: Philadelphia Plan .EQUIPMENTS ''Canadian Northern Equip. 6's Due lOSd-'.'D lndii.iii l'rlcc In jlrld 0 .13'r f Atlantic Coast Line Equip. 6's Due 10 1. l'rii'p ti jlrld .i-V PennsylvaniaRailreatlEquip.S's line l!,.1l-K. 1'rlci te ietil 5.M'i 51 l.MillllWlCil I MT, 110 Chestnut St .I ' i ulrinhic mmmml WIlB'illli j'iIIIIiiiIJiIMiI.n.i" IU.!,ii' I An Ui'i,uiti.utieii ter Xr.iea . UR experience ei" ever half a century, an. I our membership in all the principal Exchange.-.. e.ubU us te etTcr our clients I'llicier.t servile i!,(' various- depart ment of our buMtic--s. We shall be gin J te reeeKe for .execution online in ?tecl.. bends, cotton, leffee anil grain. We are members of the following Exchanges: .V( Yml -tu, k .jv'ui i ; AVii V.iiA lotion Kxchnijr .Yrii Ymk iiititr lijr-h'M't .Yew l'e k I'fi.hi, i .'jtkiii,;.. J'f- (vr,'rWl,T Srrn k l-l hlll,i,i' Ch ni,1 Itumil nf Tuiilr Iavc ,ei ! i etiuti .tucaf:eii H. F. Bachman & Ce. BANKERS ' 1125 Walnut Street Philadelphia v abliahcd ' KM- Te Yield 7.207c A first-lien bend en Penn sylvania Electric Light and Power Companies. Circular and Earnings en Request Baker, Ayling & Yenng JOSKl'lI W 1 .lr . Mnnicrr Land Titla Bldg. Bosten Philadelphia Edward B.Smith &Ce 1411 Chestnut Street Ibmtiui Nw YutU and Phljadeltibl Investment Securities Philadelphia New Yerk sPru" rVTni IMM JP. m Ra" 7391 ius.vjj-,iiii, x ,j. 5IQ3 Members N. Y Stock Ksrlumge Widener Bldg., Philadelphia Georjia R7. i P. Am. Ice Ce. Real Eit. . . Metropolitan Ediien Ce. Henhey Chocolate 5's 1954 6'i 19 5'i 1922 7'j'i 1930 HENDERSON & LOEB Members New Yerk and Philadelphia Stock Exchange 1410 Chestnut St. GEO. A. HUHN & SONS stocks and bends Members of the I'hlh'ilelulils, New Yerk and Chlrime Murk I'.xeliuncea New Vnrk C'etlim Krlin,nire Commission Orders Executed In All the Principal Markets Liberty Denda Bought and Sold Utile. ue Court lllilic , 1118 Wnlnut St. IS, Y HI IlreiiUwnr. Atlantic City, Aml'iisKiuler Hetel u- C. S. PATTON & CO. 31) . t'HKSTM'T 8TS. BANKERS SlUMfHNOrH te 8AII.I.K V hTi;Vi;N80V IliUiilM nml blnkN lien 1; lit tiiiti meIiI IMrmbrM I'lillti. Klerk Krhiin(f 1 Bends for Investment I Irrnl.ir ' ni Ken et TIia Nnlinnnl C.itv Pemnnnv t'-lt-. CWTf-,s""-st'-'M" Pi Over 00 C'lllea 'FP T'hitailelulila 1421 qlientnut HI. ,,i..niir , iiy -mrn nearii"-ik PIES CHOPPY M Si " 100 3900 tee .100 IS VI 3000 tee 1100 eoe 100 .190 3010 ISO 12)0 100 100 3.110 400 tee 100 tee 100 1.00 5 ICO 1400 5330 300 100 3700 200 fitOO 1000 9100 400 2400 200 4.! son 2,10 vse 310 78K) 200 tee ctoe 201 200 ISO 100 4 Oil I0200 1j)0 400 10 230 3)0 174C0 1300 200 ICO njji 2C0 ami 1U0 40U oe 1(60 tee Steel Greup Adversely Affected by Government Disarma ment Proposals New Yeilt. Nev. 14. Today's terk inurku inn into n raft of profit -tnltinj: "iiIcm unci net only took tlirm well, but iiKn displn.vpd an titidprctirrei.t of Mrcnstli and rrsNtance that was both nun ini'l'n; and impietlve. A- a result of the creis currenti price movement iih pt, choppy and nt timrs cniifutdni: with rather wide suIiirs in tlie mere onplcuetiH ppculntlvc specialties. The etitliii-iuMii manifested ever the tieveriinient'M di-nriminicnt plan cvl .I'ntlj had net npe.it llr. full force, and while thl wns ( oifidered in some quarters in the nature of a le-i'de word as far as certain Industries weie i nti"erne(l. it nevertheless supplied a -treiic stimulus te speculative iintigiiiu t iii and also furnished the impetus for the continuation of bread anil ft r Imiuntit Hading in the early pre-' H ccedlncs. J j In the interesting i.iniieuwrs of the iinirki't It was cunvinviiiRly demetistniled S tln. respnnsihie fur the recent forward ' swinp had the market well in hand, in g tact, the whip hand, mid ulii.'li was mi ll i plied v it Ji Pule quarter and vij-er p ' .li.iiin-t eery opposition en the part of e ! thi n'ii tinnnry part. In 111 parlanee 3 of i he Ntreet the alu.'ljs seemed te J hae s.'iin' new card up their strove and pB l.i'i I the iippo-dtien en the niiMiuis bench g , until the Keminl llt alter lnldihu Iu'riiii M te show elTei t of the iture.islnj! e'i;ht a "f the r'.ilizinu sal". g The fulcrum of tne market leer re 1 iniilneii with the nil croup and the " iiii'xc.ui'ii; in th's quarter was civen 7 miiti' iniisliliTatleii liecaits" of the prom-'- Mil'- and pi'Oiieiiiiced vtretisth of the s.f,unlii'd Oil issues. t was in the for ';,,'ii ill's, however, the mere pi ctin'uliir ili'iiionsfntiens ui'i urreil with another s!;. r'"!'''t lump of ever 1 points in Mrx- i"iui I'e'ie'cimi. Vullev. 1 Tiir the n rt of '.ii' I'liiieiiiv in of another pi -her in tie' C"ir A 'til district. OrT-ettillis this, th" shares of the i om em nnt 'es whose operations may suffer our eur talliivul sh .ln the illsarmaiueiit pro posals he carried out were coiispieu ceiispieu nil hin. with rather sharp bleaks in Cr'icihle Steel. Itetiileliem Steel and a peiiii in 1". S. Steel. It was evident also iliir the sniuily of stocks Incieused p ii MOO 2000 1100 12f0 IjS'O 100 4G0 SJDO S)0 200 3 I'll! 3110 1,101) 100 :m GOO 11 u KO 100 100 200 100 22,10 1001) tee 300 200 0201) 100 9.10 1810 171H 13 n me 2.1 III 2)e 3100 700 1300 2011 2100 100 6(10 10 l'O 30 1 100 lene 300 100 310 200 000 100 300 0100 400 son ine 3'tO 7010 2.V) 4011 400 310 100 210 "A-4 '0 310 200 300 13)11 100 40)0 ,Vi0 0010 200 100 111) 1110 te 100 2C0 200 H90 100 400 BOO 3000 5500 100 1000 inii'i .nlh after the iqi"i.:ng hnlse. a" n'i ' .nicellaiieii of a jtri'ii.i'r pait of tie ,1,1 'feveini'iit Durlii!; this reersal i-i whi. h the trcdiiiK wis iictle. Mamlaru ( i" nf New .levsey reacted four peln . wh'le the earlier declines in 111' teis i' ml e.iuipiiieiits were niateriallj extend ed. Sntue of the transcontinental an' .p,ii -hare, of the rail division for feits a point. The list rallied, how ever, (main hefeie neon, the reenter ..i'ceinpanini: the fall In the call mene rate ft em ."i1".. te " per eeni. Meslean 1'etrele'im and I'.urepean oils -cereil ve-pmiit '.'iitns. Specialties. eeiiiirisi:i'.' i he chemical, dm?, shippine and te ii'.' i,''.e;ip-, were ti'iin!, notably I'nited j i ,iir. Aim i lean Linseed preferred, At l.iiiti" iulf c'imiiien .mil preferred American International and American Woolen, these BtilnliiK etie te neirl four i eints. An unsuccessful effort was made te KaUnniw new life Inte, the trading in the rails en the htremith of the niorn niern ,.,., .,.,., u ,,f ill,, nrotiesal of the ex- ecuthes te teduie wages aKnln. This proposal ma, lm k lav. ruble ns pre senieil h the Kailread Laber Heard 1ms wrtuitll. uirieiiiiei'il it does net ptopui ptepui ptopui te tal.f iii furlher wage reductions for , am titer -ear. Ter that reason these win. stat't tu enthuse 'immediately eer ii'es i- et lewrr wnce-, nre likely te he disillusioned as seen as the fact of the case become known. LOCAL STOCKS FIRM I . QUIET MARKET Lehigh Navigation Continues te Mount P. R. R. Higher. Bend Section Dull Tne su.-trfs (." the Lenipth NiniKntifn f'empan" absorbed most of tin 'it trillion of iradu's mi th" leenl eMhanc ti.i ti.i iiiernlu?. The stock centiniid te mount mid in" h" first t'ent munifs. "n sales that apiiresated mere than .".en shines, had gainid J-j. the quotation 1 inslng from 7."i-j te 7e-s. I'ennsvl .inia, en decidedly limited sales, made a similar gain nt liO's. and Lehigh A tilb", slipped off i en a unc-share sale Oiitsid of the rail group, trade was scattered pretty well ever the 1M. niv' piii chii'iges wire mhed. Tonopah ltelmetit entlnurd te attract hiiiip nt nt unlien in Hie early tradln-,'. being taken nt l'j. 11 gain of l-lll. Warwick Ivm nil Sted. at S. was unchanged. Sal's . f some tiftv Meires of American Stores hist prfnrrrd were made at 10d and C, , , while th" preferred was taken at Mi teMi'j, an advance of -. Eleitih Storage w"n in fair leqi.eM nt n "-light tuiv.inrc, 11s was also (Jenera' sph i 1 The early bulge United quite n geed deal of profit. taking which cut down 1 most of the initial impreiement i.hc- 1 rie Slerage Hnttery ran off a point. ! Lehigh Navigation, 'j, and American Steti'H, 'j, while I". (J. I. jlcldfd :S. FOREIGN EXCHANGE New Yerk, Nev, 14. The opening ins metiung in the foreign exchange market disclosed n violent drop In Span ish CM hange. which was off I- points from Saturday's cloning. Seme of the ether exchanges, were sjmpathetlCRll iiffe. ted, but the Scandinavians were noticeably (stronger In the lare forenoon there wai a 1 .11 that extendi il ptetty much through tli" entire list, sterling parttciiiiiil ACTIVE MUe 200 2510 3300 showing impreiement. Sterling cables -5.D." j. dcniauil 'l.!.."i : franc cahh 7 -I", dicks 7, lill V." I Helgltlll nihles till!)!.., chei'kH Ci.llSl.; Swiss cnlili lsi.'l." check'. l.!)d: Pre cahli'H 1.17'j. 1 la ckn 4.17 ; peMtn cabli'H 1.1.(14, 1 h.sks lli.trj; inarks ,.'t!);ij. 'l'lie rate of premium In Montreal to te dm en New Yerk funds was ! 1 1 -1 tier cent. The rate of dlf-ceunt in Ni w Yerk en Canadian funds was t i;j . 10 per cent. f-ATURDAY'S PINAL QUOTATION-! Hterllnir IrneH Lire Oullil r. Demand .. . .1 84H 7.2S I 004 34 tl.1 i-uble, 3 0(S 7.2.1 1 til 31.71 TOUAT 8 OI'KSINO QCOTATIONa Sterllnc Frarc, Lire Oulldem I'.n.an'l 3 04 7 22V, 114 34.es Cabin .101S 7.23S 4. MS 34.70 BANK CLEARINGS Bar. 'Irlnii, today compared th cor cer cor reapendinv dy last two year,: lliSl lliid line I'lilla. 171.001)1100 JHS.7Wl.87t 170,134 Mil 'leSt'Ml 44 mill fill') Vl.H.i'l W2 (!.' I1K2 (143 N Y 472.200 'mil 512 COM, hid 018.1)00,701) Ne Change in Raw Sugars New ierk, Nev 11 Hitv aufiarti are un it and freight for rhunied f -" Cuban, equal In 4 11 uuiy Pild in' en trolled auaara are iiueied nemlnul nt 4 1 lile c I f Then? were no nana reported en Knturday. Invpertatlnnii 0:1 Nevembir 12 and 13 ..eneUttd et 30,000 bag, Cuban cori ceri igncd te the National Kuuur Hennlnr Cem pany. The local rallned niurku 1, un- I lllHlinVll V u..s,U 4s, w.wvs,, . m rv, v,viu 1 for caah for fine granulated.. NEW YORK STOCK EXCHANGE TRANSACTIONS im. In I 1:30 V M HlKll . 12 Vt . "Hi I.mv 13 Vl low 33 43 U 94 3Hi en 28 84 30 89 (-j m 113W 7 23'i 48 0 lQ!i 32 !j 05 'i 3014 34 U 61 Vt 93 Vi 80 4!i 39 81'i 0i 30 43?; 82 3i; 71 32 .3 111-a 123 12Ii 04 !i 78 l-i 1 "fl'i 42i; 73Jb 74 8Gi8 hi 1 3?a 31 21 21 ?i 941) . . Advnne- Uumcly . . . . Alas Itubber . . Alaska Geld Mlns. . . Alaska Juneau Q M i Alll3.Chalmcrs .... Allied Chem & Dve. ll'j- 19K, - ?4 38 - 43',;- 04 S3 -6VA 28 -f 30;- MJ4 130 11S15- 7 4-23',i-48 4 6 I0!i4-87VJ4- nti- 30ii- 34',; 01 Vi 93 ',4 -80 4!i 3;- 30 - S3?; - 82 V r ntu- 71 - 32'i ; 1HH 125 1214 r 94 (i r 78'4 r 21 - 0'i 42?;- 73J4 74 - 0i,-Ni'i- 4 'i r 3315 45J, 7 Allied Chem & Tfye nf . . Am Auric Clicm 33V4 . . Am Airrlc Chem pf . . . fl7'j .. Am Hect Sugar 28 Am B Shee Kdy new. . 49 . . Am Can 31 $4 7 Am Can pf 8ji 12 Am Car & Kdy 137U 7 Am Car & Ktly pf . . . . 113Ka . . Am Chicle 7 . . Am Cotten OH 34 ?i . . Am Cotten Oil pf . . . . 40 . . An Ilrutf Syn 6 Am Hide A r.eatlicr. . . 10JJ . . Am 11 no (t Leather pf n ',4 Am Ice vayt 37 Ji 36 03 m 80V 'i 40 JJ 82 'U 30 ii M f.24 3314 71 02'j ill a, 123 121 4 0414 70 3 24U .. Am Internat Cerp... . . Am Llnsccd ........ 7 Am Linseed pf i Am Locomotive .... 4 Am Itndlater .. Am Safety Razor.... .. Am Smelt 7 Am Smalt pf . . Am Ship & Cem 3 Am Steel Foundries.. .. Am Sugar Itef 7 Am Sugar Itef tf.... . Am Sumatra 7 Am Sumatra Teb pf. r. Am Tel & Cable 0 Am Tel & Tel 12 Am Tobacco 12 Am Vohaceo n 0 Am Tobacco of new. 7 Am Woolen . . Am Wr ting Paper pf . . Am Zinc Lead & Smlt . . Anaconda Cenner .... 0 A.sse Dry Goods 1st pf 7 Ashe IVy Ooeds 2d pf Atch Tep & Santa Ke. .1 A tc'a Tep & S F pf... . . Atlantic Fruit .. All Gulf tfflSS.n . . Atl Gulf SWISS pf . . Atlnnt c Petroleum . . 01 i 431, 70 U 74 SO", 84'i 4 32;, 25 21 20 Atlantic. Ilcflnlnc . . . Austin Nicholas ... . Aute Sales Cerp 7 Buldwln Locemotivo . . Ualtlmore & Ohie. . . . Harnpdalc Claps 1). . .1 Bethlehem Steel . . . 6 Bethlehem Steul B.. 7 Bethlehem Steel 7':, C40 101, SO 37 'j '-;. a a 57 U 10 'i 2' j 04'" 30', 24 '0 .-ou 33-; 92 102 s 5 43 lllij 4H 14'j 13ls 704 43 41, 52 U14 30 a t Vz 101 31 4Gi fiS 2'i 3i'.; 23 G8U 105 32 ? CSJj 80 80 12 -i 26i 43 3v; 25 404 If '.4 r BJJ'j- 3er0- 24'bv fiO'V- s:i j; - 02 102 -8 5 444 1121; ; 41,- 14-13V,- .0;- 43 - 51; -f 52 i 111'; - 30 - - 84 -192 31 403; 55 - 2vi- 03 8 Bethlehem Steel S pf!03ie . . uriciyn I'.apld Transit . . Brl.ljii R T ctfn of dep 5 . Brown Shoe 44 '4 1U Burns Bres 112 '2 .. Butte Copper & iS.r.c . 4 .. Butte & Superior Cep. 1U .. Cadde Central O & IS. 14 u 0 California Packing ... 7I-.J .. ral fernla Petroleum . - 1 ru zinc & Lend j 2 Calumet it Arizona... 52 10 Canadian Pacific 1143J .. Central Leather -Jin . Central Leuthcr pf "? 8 ventral of N J 102 : .. Cerro-dc-PaFCe 31;,, 0 chandler Meters ' .. Chesapi ake & Ohie . Si, .. fhi & 1; in pf ctfs .. 2t2 .. Chi Mil & St I pf 303 .. Ch. Mil 4- St P 23'i .1 Chi & Northwestern.. CS'i 7 Chi & Northwest pf.,10S .. Chi R I 4 Pae 32'i 6 Uii I & Pac C pf. flhVj 7 Chi It I & pnc 71,;, pf. f0 7 Chi St P Minn & O pf HO .. Ch.le Copper 12 'j .. Chlne Copper 20 U . . Cluett Peabody 43 4 Coca-Cela SOKa .. Colerado Fuel & Iren. 23 .. Colerado & Southern. . 41 4 Colerado & Se 1st pf . . 53U 0 Celum Gas A U'.ec 03 .. Celum Graphophene. . 3?, 7 Consolidated Gas .... 04 .. Consolidated Textllea. 10 8 Continental r,n pf . . . B9 .1 Cern Products IU-f... M"j :,S0 Cet-dcn & Ce 339 1 Crue.ble Stel 3 .. Cuban Am Sugsr 14'.j .. Cuban Cane Sugar... 7?i .. Cuban Cane Susar pf. 18'i t Davisen Chemical .... &H U Delaware & Hudsen.. 10- il Del Lack & Western. 108 '2 10 Hastman Kodak . .010 0 Kmersen-BrantlnK pf. '-7 0 Kndlcott-Jehnson .... 7414 .. Krle 12U 3 Famous Players L.... Cl R Famous Players L pf. 80 X Federal Mln & Smlt pf 27 g Fisher Bedy of O pf . . 79'; . . Fsk Rubber 11 H .. Frecpert Texas 13?, .. Gasten Wms & Wig.. !s 2 Gen Am Tank Car. ... 40 . General Asphalt 8S' 0 General Asphalt pf... 100ft 11 General Cigar ll 7 General Cigar def pf. . 03Ja H General F.lectrlc 134 'i 1 General Meters H1 0 Gen Meturs pf 70is 0 Gen Meters deb G-",.. 70JA 6 Gen Meters deb 7.. 81 .. Goedrich B F 32?i ; Goedrich B F pf 70 . . Gtanby Consel M & M 23 7 Great Northern pf.... 73J4 4 Great North Ore ctfs. 32 Vi . . Grcene cananca Cep. . 23H .. Guantanamo Sugar .. 7Jj .. Gutf State Steel 3H 7 Hartman Cerp 79 4 Haskell & Barker Car 70 .. Ilendee Mfg Ce iSVe . . Housten Oil 80 1 ; 1 Hupp Motorcar 11 7 Illinois Central 00"- .. Indlahema Relming .. 3"n .. Inspiration Cen Cep.. 304 . . Interb Cen Cerp '-' .'u ',4 23 6'H'4 105 32i-CSJi-80 80 '- 12 ; 20, 43 -; 3S'i- 40j r 3,t; 1- cr.n- 3.S--91 -15'j 9.1 t-Z -33U I3',e - 149;- 7U- lMix 44ii-u 108 :- 108 - U10 ' I 27 j- 73H- 12', -3'i- 79;- 27 4 78 b 1I 138,4- 48!i 4-G3h-100 -61 53 U U3 3-8 93 I3ja 91) 8S 33 1 4 C3 0 14 "a 'j 18H 435a 103 108 010 27 73', 12 J J f 315 799; 27 78 'i 11 13H 'a 48' . tee GO', 03 'j 134 ll'i 70 70 81 32 79 24 1 i 73 32'; 23 7 39 79 7 Hi 15 77; 10c; 90 1 i 3-u 30 4 93r, it i- 134 t;. 70 70 81 32 70 731., - 32 , - 236 1 7ft4- 30',; 7!) - 74?;- 15',, 7HVJ 10;- 9014- 3H4- 36; 4- 6!i-' ' s T8 78 111, 51 - e;-; IP4- 55 - 102 - 73H4- 2514 :- 101,4 x 3'4-i- .. Interb Cen Cerp pf. . . e's . . Internat Agrlcul .... 8 . . Int Agrlcul Cerp pf. .. 38 7 Int Harester new ... '1 . . Int Mer Marin- H-a 0 Int Mer Marine pf ... 31'i 7 Int Motertrui k 1st pf. 0V . . International N'ekel.. t3i4 . . International Paper . 30iJj A International Paper pfl02 8 Inter Paper pf stpd... 73'j International Cemcnt 254 .. Invincible Oil Cerp... l'i . . Island Oil 3J fl'i 8 38 78 "li 51 GO 13-, 53 102 74 T, 25'i ii'; A 1 1 nnd was excited at a net ris Commodity Markets ; te iei!UH. GRAIN MARKET ChiraKO, Nev. 14. Wheat Marted ',ic low.-- for Iiecemher and U te Vjjc off for May. There wax little' bu lug support In sight nt the euther. hut lecala took held en the brenk. The 0Iu1ue of hiirtlnerH uus wniull. Whent reeelptH insjieete.l SaMirdny were 'St ear; hist jtar 11 rnrs. P'ceiiilur January . Miucli .. Jluv .luiv .... October hitthi r 10 7 Tli asi market v us linn, with a te he a fair .(,.. l,,,i 1, In if 1 demand for tdilpment and from milling m'ercstH. t'euntrj offerings te arrive generally were light. Weather reports indicate lentinucil dry comll cemll comll tlenn in the Seuthwew and distant West, with fnirer conditions in tlie Rnit and Nnthwent. Cern rtarted unchanged te tc higher for I.'ercmber and iiuclianged te c higher for May. Trade waw light, with a reaction immediately after the Mart en Belling by an Eastern house. OatH opened unchanged te 'f,c higher, but reacted en .idling by locals. " ' ', , lcrtetl and a There were jiuiL win, tlie market COTTON MARKET New Yerk, Nev. 14. Developments at the .rmnment LlmltatleiiK Confer ence in Washington had a stimulating effect en cotton price at the epening1 j,ftcr'.m necrmbtr today ami 00111 i,ierpoei ami .sew juris .May Hheweil eensideruhli! llrmnesH. Prices 1 J1'1:. nere epenwl 13 te 27 pelntH higher. 1'here was geed support from Liverpool, ripet heusea and uptown Interestn. while Bid. Kew Orleans and wnii Htrect auui After the start the lt-st acted strong iQ'.wSot'nwivewSEn'ir Net I dice Dlv. in I 9rle 310 Itlrl Ijnw mi 34 4 24 1; 81 IV 40H 89 ea 34 10 170 41 37?; 88 107 74 i5j; 26 JS 3V4 2 tj; 30 ieU 92 113?, 33 H 14H 2Vi 7 V Ui 3? 18H 4294 33Vi H'i 13Ji 37?; 1 39li 77 106Ji . . Jewel Tea " u .. Jenes Bres Tea 34 ., KansRB C'ty Southern 24 Ja 4 Kansas City Se pf. .. SI . . Kansas & Gulf 4 Kclly-Sprlngfleld Tire. 41 1; R Kelly-Spg Tire 8 pf 89 .. Kelsey Wheel 681 .. Kennecett Copper ... , 3.4 H . . Keystone T & R 10 8 Kresge S S 173K . Lackawanna Steel.... il'i 2 Lee Rubber Tire 38 80 Lehigh Valley C5)i 7 Liggett & Myers pf . . , 107 . . Lima Locomotive .... 70 .. Leewo Ce... 1514 1 Left Candy 9?, .. Manatl Sugar 26; 7 Manhattan Kiev guar. 39 Ji ,78 Manhattan Shirt 29; . . Mkrland Oil .' 30; .. Maxwell Class B 10(4 R May Dept Stores 92 ji 12 Mexican Petroleum ..117 5 Miami Copper 24 20 Middle States Cerp... 14; .. Mldvnle Steel 23 Vi .. Minn & St Leuis 7J4 .. Me KansAH & Texas.. 1H .. Me Kan & Texas pf . . 3; .. Missouri Pacific 19V . . Me Pacific pf 41 3 Mentana Power 53'4 .. Montgomery Ward ... 17?i .. National Acme 13; . . Nat Cleak & Suit 27; . . National Cen & Cable. 1 6 Nat Enam & Stamp.. 39,; 4 National Lead 81 7 National Lend pf lOGJ-i li 10)0 400 tee 1810 2900 D 200 200 3709 100 1390 1200 1400 200 8 100 300 400 1000 101) 300 200 1 2000 200 400 39100 3200 11000 1 1300 U90 3)0 200 590 1000 tee 400 200 100 200 200 1800 100 200 1800 390 tee 200 1900 700 300 100 6000 3300 300 100 2100 200 300 14000 180.U 1890 KO MOO 3000 700 200 2C0 H IVi 1 ."I V. H V V la . . Nat R II of Mex 2d pf 3H 13, 017, OHi 72 I3'4 Out; 40; 39 ;; 79 3?a 19, n 2CJ 8 02'; 32 Vi 47 i 11 3U II 503; 18 3; 56 50 32 J 4 83 32'j 14 33 (i GO l5Ka . 611, . 95 20'i ,108'i 29 , 30", H9H i! 70'i 42 1 i 3j; 13 J4 61 OtJi 72 13!i 08 40; 3d'; 771i 3Ji lD'a I) 214 8 01?; 443; 50; 4Gj; 11H 35 !i 35a 511 18; 5G 50 32 85 31?; 14 31 6Ja SO?, 15!, Bl?t 95 23 s; 103!i 28 30'i se;; 14 69-4 42'i 22; 31 Ji 48'i 5OJ4 48 t3 ; 22 !i li 3'i gcj; 3 'i 'a 4 "a 'i 1 v 10 '4 ; 1'4 "I Vi 3'a 4',4 . . Nev con copper 0 N O Tex & Mex a N Y Air Brake 0 New Yerk Central.... .. New Yerk N H & II.. 7 Norfolk & Western... 3 North Amercan . . North Amer pf ctfs. . . 7 Ner! hem Pacific .. Okla Pred & Ref 2 Orpheum Circuit .. Otis Steel 2 Owens Bottling .. Pac Development.... . . Pacific Gas & Lice. . . . . Pacini OH 6 Pan-Amer Petrel . . . . G Pan-Amer B Panhandle 2 Pennsylvania R It.... .. I'eun Seaboard Steel. .. Peeples Gas Chicago, . . Pere Marquette 5 Pere Marq prier pf... . . Pern Marquette pf . . . . S Philadelphia Ce 7 Phlll pa-Jenes pf .. Phillips Pet . . Plerce-Arrew Moter. , . . Pierce Arrew pf . . I'lcrce Oil 3 Pitts Ceal . . Pend Creek , . . Pressed Steel 7 Pressed Steel pf . . Producers & Ref 8 Pullman . . Punta Alecre Sugar. . 4 I tee 000 tee 3500 200 7i.O 1000 400 100 100 100 1100 1800 1400 1S00 100 800 1700 100 100 100 'a l' 3; 4 1 '4 'j 2 Pure Oil 2 Railway Steel Spring. . . Rny Cen Copper 4 Reading 2 Reading 1st pf . . Rem ncten Typewriter . . Replogle Steel 61 1- 2 22 v; 31'i 50 51; 48; 131; 33 Ji 13 3 'a G0;i 23 U 0 3 4 34' i 70 19 44'j 3', 4 02 179 Ul'i 80 30-? 74, Vz 7s 9Ja 47 22Jb 38 JO Republic Iren & Steel. 11800 3.20 Royal Dutch N Y., 470 Reb Reis & Ce 1st pf. 200 200 3C0 200 tee 3900 100 2100 14200 I7C0 730 100 100 0800 2810 30O ICO 400 113ID 200 700 3700 19200 100 1S200 in 4C0 810 800 5200 1400 200 100 2100 oeo : 300 100 1(10 65U0 100 700 7100 100 500 2700 100 100 23600 5 JO 3400 1800 2000 100 800 200 401) 100 800 701) 100 100 400 100 700 1000 1730 200 800 2u0 100 330 300 1 St Jes-cph Lend .. St Leuis San Fran... . Savage a mix .. Seaboard Air Line. ... . . Searj-Reebuck .. Seneca Cep Cerp . . Shattuck Arizona Cerp ,74 Shell Tiu.ns.pert . . Sinclair O.l 8 Southern Pacific . . Southern Rail . Seuth, rn Railway pf. . . , Se l'orle Rice Sugar. . 4 Standard OH of Calif. 5 Standard Oil of N J.. 7 Stand OH of N J pf... 7 Stern Bres pf .. Stromberg Caib 7 Sludebaker 1 Submarine Beat Cerp. .. Superior Oil Cerp.... . . Tcnn Cep & Chem. . . . 31?; c 38 23', 783; 184 44'i 33 H 903, 173 lll'e 80 30 'j 733; Va lit 9H 454 22 J, 20 !a 340 GO 3 22 122 OS 26 72 'i 42Ji lis SH 204 404 I514 II 4is-; 92 sis 48 1 ; 91 " 32 J4 81?; ii2s; 55?; 3i; 28 743; (I-, 7'a 31), G3 81, 18 87 ;i 90 4 V 7- se,; 13Jj u 20 28 6 !4 121 41 Ji 3 1 Texas Ce Texas & Pacific 'a Texas & Pac C & O 30?i Texas Pac Land Trust340 Tobacco Products ... 60' 0 8 ie 4 Transcen Oil 0'i t'nieii Bag & Paper 73; Union Oil 22J, Union Pacific 123H Union Pacific pf US United Alley Steel.... 26 United Drug 70 il !a '3 H ! IJil ' IJa ii United Drue 1st pf... 43 0 United Fruit U8H . United Rwy Invest... 83, United Rwy Invest pf. 204 0 United Retail Stores.. 61 Vi l'SCII'4 Fd lS'i . U S Feed Products... Hi 4 U S Ind Alcohol 43JJ 7 U S Ind Alcohol pf . . . 92 . U S Realty & Imp.... 65j; . U S Rubber 49Ji 8 U S Rubber 1st pf.... 91 . U S Smelt & 1W 32 Ji 3 U 3 Steel S3, 7 U S Steel pf 113 3 Utah Copper 504 . Vanadium Cerp 32 J, . Va-Car Chemical .... 30V4 . Va-Car Chemical pf . . 74?; . VUaudeu Ine 7 . Wabash 1 V l I 4 11 1! Wabash pf A 20?; SO Wilts Farge Kxprets. U3 Western Maryland ... 0 Webtern Pacific 18Ji Western Union Tel... 87 U Westlnghouse A Brake 90 Westingheusn K & M. 47 Wheeling & L i: 7'i 'a 8 Vi M 1 Vz 4 I White Moter 36 j; .. White Oil Cerp 13, .. Willys-Overland 6.., . . Willys-Overland pf . . 29 ft W Isen & Ce 31 7 Wllben S. Ce pf 70 8 Woetttorth F W 124 4 Worthlngten Pump .. 42?; .28 Wright Aero 0j; Lx-dt Idend. I '4 of about! LONDON STOCK Hat. clone Hi 13 in. 01 1(1 III 111 (l.'l 1S.7U 1G.0U Tudas 's open JH.3H 10 27 HI :ii HI '.'.-. 13.pi) 13.40 1 P M 111,113 1 1 1.1 I 1(1.7(1 111 llll HI 25 Heme Ralls Dull and Flabby Mod erate Support Given Industrials Ionden. Nev. 14. Mere confidence wns noted in the gilt-edged list en the stock exchange today and values weie linn, lnllueneeil by the proposal tuib inltteil by Secretary Hughes for a nnut hiilidii... Preach luann were well main tained. Sonic oil Nhare.'i were geed. NEV YORK COFFEE MARKET New Yerk, Nev. 1 1. The local cef- fei- futures market opened iiregular. thiw iiiernlng, with prheB 1 pnl!ifs Sh"ll I riuispiiit and J iiniiilH lower, rhete mci.ic.I i...i. .... i,.,.i .ii'ii 1111 j.iiKie, 1 "-fl K, ti, demand f"i March am tnlpr months were hif. liiiine rails were , .i,,..,i n,,, ,., , There was no feuture te few hcalteicd ncIUiir or- , ,,.,....:..,.. ,,..,,. det'n canily brought about a decline in 1 taking weakened Argentine rnilH. these positions. 1 The rubber section moved uiiwerd in no early ilcelm.inciit-. in , "" ul"- "' " - ui t un, . w 'article. Mnderate which might tend te put te the Industrial group. snap and vim into the trading. There was only a fair demand for December contract-! at H.lt.", with ether months holding cIemi te Initial tigurc!'. According te early cables, there will be hiilldajs In Brazil today and tomor row. Santes, however, does net ob serve the holiday in JSni.ll today. Job bing houses reported enlj a fair baslnest In spot coffee thlb morning. I'rev, Clese Open was 0. There wa-i no feature te the trading in kaffirs and changes in prices were iinimpertnnt. (Jencrally, the markets were quiet and steady. U. S. Certificates and Int. Mnlurhur ItAta til ii ut 1, Dec , lli'JI. . mils, .11, 1-eli . 3 Mih ):.', M.h . t-3 .Mell.. H4 April. r.S June, fiA A ui!. t-4'j Kept.. 11122 llll, 1110 1U22 1U22 . 1022.. 1022. tO 22. 11122 1U22.. W12 102H.. Z-?.7rJ?l 2- K' . loiiu leiiu IS?. 7.II.'iTi(i3 7.82(81 1. tin wis 7.84 h', .72&71 7.l)3((lil t-.1'4 Kept DIVIDENDS DECLARED McCrory Bterea, quarterly 1 per cent en t-ri; June, 4RI Uan, 1021 -" BxemPt from Federal normal Income tii . cf.pi?bi,.J?,,:,Piymtnt '"some tax JnT, New Yerk Curb INDL'HTItlAI.S 1 :30 Net P. Xf. Chtre HllchLew 1114- I s Acnra Ceal !' Acme racklns 00 Writ Amer Teb coup...... 114 California Ctuahed Trult. 0!4 Car Lleht 1 Columbia Bmeruld 1 1' Durant Moter 27 Llbby-McNclll t TU Locemobile 74 National Leather 5 Itndlu Cem 2U Wt 34 v; 4 24 51 - no n; 6; 1 1A 27 7Vi 2U 2', nit 0(1 IVj t- 111 '4 I? V V 3 m 'm 3H Vi (i H 4 Ji 54 li "i4 H 'i Vi v; y, "Vt "ii Vi e?;- 89 4 63 -24 10 - 173J4 4- 41 M 4- 37?;- 80 -r 107 76 -r 15Vi- m- 26?; 3914 . seuv 39 -10 i 03 - lMV'a- 23J4 4- l?44- 34?;- 7v; lH-r 3?;-!- 1RV4 42H-53Ji- i7-; 13'i- 37?;4 1 33J: si -: 100Vi4-314-13j; OlTav 13!i- 90 - 40?;- 38 U 4-77H- 3!i 10 H - n -25j;-- 8 61?; 44?; -51 - 46;- 1196- 35 Ji -10 - 36 - 18?;- 56 50 32 j; -85 ! 31 ; -14 - 34 - llHdte Cem prvt Heutn Cimt 4b Iren... awcela Ce 'IV inn (lnlf Muluh.... 3'4 314 Tead Shin 00 U M,(Km ju Itniied i'retlt Hnnrhy . . . . I'i United Hit Candy 04 West Kji'l Clmni 1 '., MTANOARU OILS Anale-Amcr Oil 10 11U 172 Sl 2iO ua'i 333 10 , 11 172 87 210 SOU 3jj Aiimitie j.eb.d Illinois VI. .... linperlai On . . . . euutii cum Oil . -iiiiihI l'O of J ml Vacuum Oil lNDKPKNDENT OIUS Allen Oil 77 .vrkunans .Nut uus 11 I'UUlll.' OH ill 1.1 2l)i Of. 210 24S I'k 8', b.. ua U'4 1"'J 111 13 1US4 111". l'tl 83 20 j J 17 J HI 1J' 2', 13 III 10 1.S i"l"4 t0 1.1U 11- Demen n'emiriK an ii. nmn Amur XV i L-iru i-Hm .1- Llli", helMca loll!) 220 UltifS herviuu ' i vtfa... 21 ci,mii."iital itt'f 1 Outtufii ii Ce l.ref 4' I'.ik i.hhiii )'--t ,, f.iiw lee.rn t'eirel De .'eu.ru I oil I'a eeiiHiui.il Il-', illi.ntiml Cli vi it i'.i lll.'UIOCK Oil l(t Hudsen Oil 10 iiiiperml Oil .' te 'i Irlt Pitrel Ill Mi .Mumi.'.i oil 1,) ...in land .Mex 83 .vim ui u be oil 28 .Murriu O.l l'J'n .Merulun 1'et Il) .UcJlti 11 KucU- 1 I'i Jl.W I'tlll 24 Jl.'Xli j oil Hn .MiiijiiimIii Products l'-" .Niitlunal Oil N J X- .Noi.le It N'eh.c j.rv r 10 OI1I0 h..i.'jer 11 eniiir nil )'s IMmek Oil - ited Heck Oil (Hi Salt (.ri-i'lc I'reJ 136 winims Pet 10 Hkeliy Oil 7 southern I' & H li lexeii Tu I uckvncy , Victeria Oil new IS While UiiMu UoeUburn 11. VOI ui 3H ?i ?a Ti IVi (18 1. I'i ; ; Ji I'a j; MINING Alanka J!r Columbia I'll. J.CUUO Ileatcn 4. .Mentuna , calunvt Jereme . (.ens cupi'sT .Mines . Cot-less siHcr I'rcbsen Held Doleres Lspvninj . . til Hrtlvnder liurelta Creeusi . . . . :. 31 h;i 15 I'.. 88 U. IS 15 tl 31 li.". 15 I '4 83 7-; 15 4( J I 21 ' 8V "(I 34 :. t 72 lli 2l' 4': UekLipIiI l'lurt-iire . . Oeid Zene Mether Lede clt .'tetiter i.ede ne.v . . . N'atluriHl I'll.. . . . . . iplislni; de Am )' (. U '1'onepah s.hs.1 lie . Temipan DhM Tonepkh Kxlvnalen . L'nltnU Bastern 0 i'i N'1 70 3, 3S 4 IS 59;,- uvi :- 6111 93 ' Vi 4 t 20'i4- 105 'i - 28 - u0 2 83'4 i 14 7R34- 42Ji 22 3; 21'i f -4?i- i3',;- 22 ! - '.- 13 "- 3-il-r C6i; - ' . 383; i. 24 78. 183;-44J4-:- 31 '4 4- ?4 H '4 ! 7. 15 ls 1 IS ?4 3'i 1. Je 1 !i H Vi BONDS Allied Pacl.r lis Aluminum 7u 11)2.", Amer Tel tin lp.'4 Anacendu 7 lulu .... Ueth Steel "h 1H23..., Can Pae ilj Cel Ur.iph 8a Cities HcrvlCs- 7m Cens Uh 1J1 llalte 7s. . Copper hxpeit Ms Uil'.'i Cejinr Bxnert 8 lU2t. Cepptfi- Expert Sh 1023, Ooedrlch '1're 7a . . tlu.nble Oil 7h l.iit'lede Ue.H 71 . . N V Tel its Nat Cleak NY N II it. II 4, l'hlln Ce (Is Southwest Dell 7, . . . . 00 . .inn', , . Ill) ', . .lua . .lO'l'i . .Inn1, . 43 . ns'i . . 1 no 4 . 1112 .lej'i . . On . led . . tut . I'-, I, . . !i.1 . 50 . . mi'"; ..mi . .1114', ..107 . .KMS ..II'IV ..10m ..UlilVj ..111.' ..1(13-4 .. 53 50 limS UUS lnu lOO'J. 1110S 12 us'i IiiDVa Hi.' lUJ'j 1U24 UK Uli', lid US ll. 30 1111V1 10I1S KM', 107''Ai 1IHS 1nl- 101S lunu. 103 108 niHna un .n y- 7B nun Btan'l Oil N Y 7 jtiut .Stand Oil N Y life,... Swift A C. 7h 1028... rexne Ce 7h Un ny H.iv.irM ;us Vacuum Oil 7 Western Klec 7 Vienna ."is 'i ei"; : 1 173 - 2- 111'i- ! 80 ' 1 30U - t 73', . !i- 7-,- ! 94 s I 45Ja- 9 23 Ji :- ! 204- 1 340 -15 00 - J 8Ji- J Philadelphia Stocks '"v llich 5" llis Thai . . 3.7'; ' m Linseed. 3H -Am Weel. .. 70 20 Am Smelt. . . 40Ji 155 Am Stores. 80 V, 5 Am St 1st nf 100 leaa; in.tri 100 Am Su Teb. MSi; 344 34 - 40 Am T & T..H3J; lllij 112t;-; 350 Atl Clulf 32; 31?i 3t.-- 05 ?4 544 31 110 30Ji 31'i 30 33 ?4 12',i 114 64 4 II?; 30 50-jJ 401-4 24 54 75 73 4 22 U 123 . 08 20 73 Ya 43 -f 11S -84 20?; -50 I5'i . 11 42?, 92 4 65J4 i 1 113 f 50 - 31;- 20ti -r 71 3; 4- G?; V'4 4-20,-ij.1 8;- 18 - 87 J, 4 90 4 47 - "-; ! 6 -29 - 28 - 09!4- 124 4-?.- Vt iw nmilll II LOCO BO, OOBeth St B .. 83?; lOBrill 31 4Can Pac 116 185 cen Lea. . . 31 j; 45CerredP. . 31 J4 IPO Cens Tr N J 30 10 C'esdcn .... 33 ?j 100 Krle 12 J', 201 LI Stg BiU.llO'i 73 Cen Asph.. 05 .IE,-. jr. -., 1)34-64!-,-34 4- 110 4 31J4 i-31J,i4-30 33?i-13Ji-: 114 V3 -64 9,. M?4-f 30 4 604 i-404-34J4 4 73 -een -Meior. . 114 6 Ins Ce N 10 inter Paper. CKelly-Spg . 5 Kenn Cep . . 1280 Leh N.iv. 3 1 Lehigh Val. 10 Mex Pet . . 10 Me Paclfle.. 20 Xerf & W. . 20 Mid St Oil.. 40NYNH4 II 10 Pacific OIL. 30 504 40h 24Ji 7C'i Gl 2J'e 5 li 1 1 l?i 1 Vi 1 1J1 ?i i !4 54 51 - 11694 H64 110 mji e?4 1404 1314 44 H, si; 1 15 Net Lew p. ;,. ctlsn. .151; 3314- 5; 316 345s- ?, 79 78 -: ?; 40J4 40J4- 14 80 80 4- i,i 1054 4- ?4 8654 4 V iH 4- J'u 13l4- H 44Jt- 1 i l;4 Je 47 30 . ?a 05 '4- ?; 33J4 ' '4 S3- Ji 2794- !. 10!i .. 36 36 699a- 1 176 4 li 734 - 14 18?; j; 40 - 14 30!i : !a 96?4 14 54 13i; 44 Vt 6ij; 47 35 Jj 65 Ji 33 Ji 22 'a 37?; 16'i 56 30 69?4 170 734 ?; 46 3014 . us i'i e 173 36 Ji 33; 11 Vi 4314 82 9, 31 J, 8 185'. 30 yi 30 10 Pan-A Pet. 10 PCL & P pf 47 91 Penna R R 30 Ji 3H-n Salt . . . 65'i 33 P C f'U pf. . 33Ji 70 Phlln F.lec . 23 60 Ph Llec pf. 27 K 25 Phllu R T 10 2 . 50 . 30 . 791; .176 73 H . 9, . 46 . 36'j Hi i'i . !l 173 . 36 U HO Phlln Trae 10 Pure Oil . . 30 Retullng . . IStan O N J. 10 Studebaker, lOTmn c& ' ' 25 Texas Ce 200 T J' c k e 200Tone Be! . Hi li Vt 3!i I, Ji Vt 100 Tone Mln. 10 Trans UII. 5 r Ces N J - 0 173 - .Wi- 32?.;- llj'l- 13J4 83 H 31 -8 IHJi 30!i -30 '- 02 I' (.ins Imp. 51 n Traction 30 1 S l'N.ud OU'SlndAl 35 1' S Steel . 25 Vaniidlum . 100 Wnriv I At S lOWest Pae . . SW'hlte Met . . 30 Yerk Ry pf. . 32 'M 11 ki 42 j; H3; 3f4 H 1HJ 36 Ji 30 MARKET Net (hhns'e made bv comparlnen auie en Ncv Yerk Sleck LxctinnRe. 1'1IILIKI.I'IIIA BONDS 1000 Liberty -M 4-',s '4'. "HO Liberty 'M ', '4'-'. Iiltlll Libert 81I 4'4n 'L'S. KliHI Liberlj .Id 44n '2S. 'JIHI Liberty !hl 41.H S, 100 Lihertv .'hi 4-,s 'S. 70IK0 Libert) .'id -IVtS 'H. eOlMI Liberty 4tli 4-,s 'US S.10 Victer) 4a.H "j:i KK1000 Victory l-'j.s '2:5.... Tailing was vi. unu ueai uiiieii, dull and llabbv. dollar descrlp hr. ,,'. lets laM) Amer fins As Klec Ut .Is IllfKI Hell Telephone 7s L'IKM) Llectrlc & People's 4s. iikui i" in crime Hiippnrt weh given Hudnen's llav limn leyMone Tele 1st lis,... 1OO0 Phlln Klectrlc lt (.... mini iieauing general ds. .1000 Heading general -Is. Paris Bourse Firm riirlit, Nev. 1 1 Price, wer firm en the. Iluurfe tudiiy Ihrei, per cent rente, no frillies 80 lentlmeai exchanuu en trulen 34 fr.iii'H 73 centlmeai 3 per cunt loin hii Iranra 20 centlmea. The dollar was cmet.d at 13 franca HH ceiitlmea. Liverpool Cotten . J"'"'rnfi?.1, NPX u - Hpet cel ion i'ai r( ,let U.liiy with rrlee, rhHler en ih himl, of , rteillne of 8ft point, for mMdllnu at le sort. Th" eale, wire 3000 ba en. The receipt, wer. 1100 bale, all American Future, wifS Meady In th.i aarly dtallnin. Spot prlcei werai American, mlddl ni, fa r. 13d; Keed T"ia- H$,il . u-' .i2!.',"'f. effi mljldllnir. 10.BOJ. law mMilllns. OJOdj geed ordinary. 7.34d and erdlnan'. 0 79d. Treasury Notes Hid . AKke.l YleM mu k.iii a 7n !'., I'IH'4 .1 IIQ 7.112 100, i.'r,e - a.' - a.' moil, 1 ns .I1' J'---' 03 1 "u IlllJ nt 4 11M .eW1-"3 ISe''3-1" U lOn I0U8.32 4"rT ICO 11.10 14)0 13-11) I2, 101 A 4 (in Seasoned Railroad Bends We own and offer, subject te prier sale, limited amounts of the following bends: 1:30 P. M. ltt 00 11 U 0 1 le. 27 7H 'k h:; 611 au Ui Bi, iii Security Rate Due VP., C, C. & St. L. Ry. 42 1964 ConseHdnted Mortgage "J" Buff., Rech & Pitts. Ry. 42 1957 Consolidated Mertgngc Lehigh Valley R. R. 4Vz 2003 General Consolidated 10'i il 112 ttl 210 UI) 333 'Western Pennsylvania R. R. 4 Consolidated (new First Mtge.) Chi.. Mil. & St. Paul Ry. 4 17 1U'4 40 en M'.i 3-, 120 r ss bii Hi I' li IS ID luSi il.-, I'a 83 LO 12 II General Mortgage Chesapeake & Ohie Ry. ' lz 1992 General (Registered) tNewYerk,Chi.&St.L.R.R.5 Equipment Trust Rich., Fred. & Potomac R. R. 6 Equipment Trust New Yerk & Erie R. R. Second Mortgage 'Pacific Fruit Express Ce. Equipment Trust 1 Union Pacific R. R. Equipment Trust 5 7 7 6 5 12'. i3 -ID 11 5S 00 U 11 'V 7 v; 7e 73 ...V4 "is OD 'j'Virginian Ry. Equipment Trust I Illinois Central R. R. Equipment Trust N. Y., Penna. & Ohie R. R. 4l2 1935 84 6.25 Prier Lien Minn., St. Paul & S. S. Marie 6 1931 101 6.35 Collateral Trust "Tax Free in Pennsylvania. ; Issued under the Philadelphia Plan. Circular Describing These Issues en Application ,3'4 .11 U2 15 IS s:i 15 ID 27 21 3S MS 7(1 3S 4 72 IS Biddle & Henry 1 04 Seuth Fifth Street 'Un Information nnd statletlcn contained herein 1iae bei obtained from teurces which tie bcllcVc te be rellab.c. 50 1U0S uuS ;oe urns 1U0S 4:1 U8"l lmiv 102 I02W 1112 '.18 100 till US II.TS4 50 Ull'4 11)1 10IS 107', Pll'i mis lniS 100s 10.1 inn Vt jj; H a 3Ji Vi 4 Vi " Vt Vt Vi H i 4 I'i ?4 Ja b;jlitaiNy I THIS bank has wen its position among the leading Philadelphia banking institutions wholly upon its ability te render service te the individual or organization. Central National Bank of Philadelphia Chestnut Street at Fifth Capital $i,coe,oco Surpltu and Undfv.a'ea' Preiu Eamil $-j,4cb,oeo H Security The security which survived the devastation of the Napo leonic War could be said te hove withstood the severest test. This hecurity waa the German Joint Stock Land Dank Bends (Land Schaft). 'a ?; a 2j; Vt Vi On July 17, 1910, the Congress of the United States passed a Farm Lean Act which created Joint Stock Land Benk Bends in this country under supervision of the United States Treasury Department through the Federal Farm Lean Beard. These bends are issued against net move than G09e of the value of farm land ns appraised by representatives of the Government. They are surrounded by every safeguard which the Congress of the United States could devise, te the end that they could be bold at n relatively low interest rate in order that the farmer "might be enabled in turn te borrow money en his lnnd and nt a low rate of interest, thus furthering the agricultural development of the country, for which purpose the Act was passed. ij; i with hist 01.72 Ol.UU llll. 40 JUL. 'Ill iiu.n illi.18 nii.:;e 01.72 OO.ftl IW.72 7(1 107 B7 li BROOKE, STOKES & CO. Members Philadelphia Stock Exchange 140 Seuth Fifteenth Street Philadelphia 734 Fifteenth St. N. W. 102 St. Paul St. Washington Baltimore 70 no 70 70 Vi 1 "i. i ii i . ii .i ii i 'I r. Lehigh Valley Gen. 4Vs, 2003 Wilra. & North. Stock Trust 4s Penna.-Ohie Pr. & Lt. 712s,1940 Arthur C. Richards & Ce. Drexel Building IUII, Lein, TOSS Keystone, Slain 8711 Fr-in rffia:x!tm!rararernflnrar.Mn irnirritM iu ri 1 I i I Price Bii, 87 5.25 86a 5.35 83V2 5.40 91 5.50 72 5.55 80 5.65 94y2 5.75 1928 1989 1931 1933 101 5.80? ct 1939 91 5.80 1927 105 5.85 1929 107 5.85 1922 100 6.00 1923 98 6.00 ,i Sun Ce. 6s, 1929 Lehigh Valley R. R 6 , 1928 MORLEY, WOOD & CO. .1:13 Chestnut Street Members N. V. A Phlla. Stock Eich's. f y "). J,M "T. 'Si , t ... ,.'-
Significant historical Pennsylvania newspapers