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u
EVENING, BUBJuEO LEDRBfflLADELP&L4 FRIDAY,
NOVEMBER , m;A1021.
H
Subject te Prier Sale
Wc Offer
New Yerk, Chicago, St.
Leuis R. R. Ce., First
Mortgage Sinking
Fund 4'' Bends
Due October 1. 1937
Pennsylvania Slate Tix
paid by the KailreaJ
Company without de
duction. Te Yield 5.50
The National City Company
Philadelphia 142t Chestnut St.
Atlantic City Chalfonte ttleck
1223 Boardwalk
LEADING
STOCKS
LACKED
SUPPORT
i
a
Special Service
in
Ohie Securities
Members
New Yerk Uosten
Cleveland
Detroit Chicago
Stock Exchanges
N. Y. Cotten Exchance
Chicago Beard of Trade
Extensive Private Wire
System
OTIS & CO.
Cleveland
New Yerk, Iiustun, Detroit,
Cincinnati, Columbus, Teledo.
Akren, Youncstewn. Uaytcn,
Denver, Colerado Springs
Possibility of Friction at Arms
Conference Causes Retreat
Frem Buying Side
n ttrli. N'nv . 1!.--Cen.entratlnn
I mlcic-t liy tlir highest liiintu Itti ilinl
i"fi(iiil i liTlr ill the indicate ! iU'r1-j
i in ii nt nl I Mr Mniitiillnn et Arma
ment Conference (it Washington uhh j
ii"n in h iirniieiiiii iv manner In steil. ,
in. i ,i l limxi'tiinit- from the beginning
I Im-iucss eda . Tin attitude of ,1u
I ,ui n- construed a- Indicating a pun--il
fit, nl' fiirtieu mill, nl least, delti.
in n tilling :i tli'luill" plan, and many of
Mm who liml Jiiliinl tin ranks of tir
s hi nnil iiinllili'iil buyer. retreated
1 1 mil ilicli' M)-ltlnlis en the bujitlK s-iI"
I'. i tin time, lcniing the lending Mecks
willimil tin purchasing mpr which hud
In imi mi rftVitlw in sustaining prices.
Tlir -ti'i'l Inilwlilals showed frac
tional lii a" n ii-iilt of tli'.t nltcieil
iiiulii'j riiinllilen. ami declines were
il-u iistmiii'il in iniinv ether stocks,
m-linling tin' iii'iieliimi iih's anil man.
if i In in i - i'llaii'''Ui- iinln-trial. Tlicie
in ! pe In I iinv emi'tit ". liewmcr.
wh.ili miii-i'iI aihiiiiri" that went
lung v.n iiiwiml elT-ctting tliisu (1c
i i no-.
AinieMiii emeu' of tlii -.ile of Lchigl.
.iii.I 'llki--I!urr Ceal b. .Iirej (Vn
it. il iv. is "-imiili'il le with a Hiitlier
hImiik" nl Ml )ieiiits in .lei-cj Ccnlral
in HHe ami I In siaii'iueni t lint a p.i -ii
' in of SIM. Mini. mm will be iiiaih' h.
I In I iiiieil Slates Shipping r.ennl te the
Inti i iiiiiietml Men untile Marine as seen
. - iMndi'ig in (jet nil ieu.s me concluded
mi' lO'eitiM- lii run ins an advnm. of
.". ie ns lii Marine preferred te ."7. fol fel
I. . .lis an aiMmiii of I jieini- in tes.
'il'ii.n'- ll'lld'llg.
I 'nli;-l t'liil Aleoliel u.is n.itiirnll.. '.ill-
lltleil J I III -II -pCII-lell of dividend
P.imiii tits' ami iii iin'il le :'..'!. Strength
.is .i-pla.ei in i In oeppei group,
At ii!,i s,.jinK hi -.".. the hi!llO!
j '.in leinlieil by llnir steek in a lnnv!
p. ii-ii
'I'lieii ,is no material change in e.ill
iieih' . , tin h renewed at 4'.. per font.
I'i in iml st. rllnii was also uiuhiiiigid in
!'!.' ten nemi at 'l.tlO'.
Over 8 Je
It is becoming mere
and mere difficult te
obtain such a liberal
yield from well-secured
obligations.
We recommend Pennsylvania-Oheo
Power
& Light Company 8',e
Bend Secured Geld
Notes, due Novem
ber 1, 1930, te yield
about 8.IST0.
Write for Circular
Bonbright & Company
137 Chestnut Street
Philadelphia
New Yerk Chicago
Bosten Detroit
Walter J. Sen
& Ce.
mi
dt
LEHIGH A1 I GAT ION
COnUES DECLINE
Stock Opens at 07. Against a
(Jese ) est enlay of 71 .'.
Remainder of List Quiet
Tin sharp ill op in the shines of tl.e
l.ehuli XimiMtifin C01 ipai.y. linh nt
Mi ilnrlii': tlie last nnur'i trnilltiK 'e'
tenlai tin sidik inaklnt; n net decline
ler ih" da of 'J' 1 peinti en niiiuiunee-
tin ii i'i.h n sMiilicite had secured the 1
' I.elnirli and WilUcs-I'iiirre Ceal (.oni (.eni
ian stmK was cixen further impon.'5 impen.'5
this iiiernlns. vUiei iiiite lieaj sale
el tin -teik wen made In the epenitia
market. Th Ilim: was deubtles- a
lellntien of tin disappointment e'"
lielirs who had pun la-n-d the hhure
in intiijip.itliin of ihc lempany's heir.z
tin siini'ssfiil bidder for the Lehigh uii''
1 Wilkes-1 tin re I'eal pieperty md whiih
I went te th )iiiletuc .M'-tenlaj .
The eiieiiiiic sales of tte sleck wnt
. t I'm. au'UliisI u ele-e lu-t night of 71 "i.
.1 iliep of -l:lt jniints. There wan a te
imirj te (ill'V but the -tei'k ais'itin ft 1
te 1 i lower tisim. Ttansaciieris were
1 in-n 11 .inn mi 1 if-share leis and only a
,1 tew- hundred-share lets eanie 0111
11 ilii. tnt limn. Thete .eie tve lei-
. .it fflj -hale- e.u-h at tin lewei p-iL".
t il". i'ii iek 1- '. points uniluiht
I 'Sll ll'ilire ll'li'ieil i.lllj till- VilJk.
1 The l-i seiiet.illy showed an m
i ellnatieti te sjij;, most of the lenders
' iliiriiii; tlie earh "f-len heini; fraction
i ally lower. P.nth issues of I'hilndel
I phia Kleetric were fift. Tonopah Ilel
nient s.iiriliied a part of it recent
c.im. as diil n'-e I.nl.e Superior. As.
1 phalt preferred was up and 1'nlteil (la
llllliruM'luellt .ulileil ' at -i'
silvauiii I'nili'ea.
1-
was
I'eun-
hiirlier at
V-K
Investments
r.einl- held about
upenins inurke'.
steady in a
dull
LOCAL MINING STOCKS
! iXuPAII STOCKS'
New YerV
Philadelphia
1 -n r.i.
J m Hut -!
I Mm Hin.ll.
I 1 p -1 "I 1
I M.in-'i.
M Ii.itl l.l
f n'.um
Vi.rtli .-ti
It ?'!' I'.Vl
T'.'uiIibe K.i
W . lili I
i 81 Ten Ij 1
l-iil Al
ll'l .""
nil il
ia .11
iM'. 11T
..; in
l.ii e-
a os
a H"
1; JO
sli
.ml
DIVIUK STOfKS
Harrison, SmiTH & Ce.
INVESTMENT SECURITIES
121 SOUTH 5TH STREET
PHILADELPHIA
LOMBARD 6100
Al'i"l P !
A't. DlM.I
H 1 h-i
Hi-.. !. I..
H. n II ir
'ft ilJHil ! '
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1 . . . 1
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In I
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i Kit
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. pnh 11 .virf
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in
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nt
t
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111
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.urn. 1. 1' si.
I r 1
1 Ji. ,
114
. a
ii.i
IT
0.1
OJ
"t
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1
1 1
Edward B.Smith 8tCe
141 1 Chestnut Street
Memb. 1- V .. "i
11 u 11 1 uJ. IpL 4
Investment Securities
Philadelphia
New erk
i'i
i.i-'-n
I irrta M.i-r
I r'j"il.a 1 'rnf iji
1- u-- (a llulli
II .
M hi- I (Klf
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r . j Mlnlns
w ii 1 L'apn
lb I I
111
I"
nl .
I'.
8 fin
(1 1
11k
"1
ii..
nt
01
I t
10 lift
m
in
in
IIS
ii,
NEW YORK STOCK EXCHANGE TRANSACTIONS
S 'en
inn
tee
isSe
KM
3J0I)
VOO
lilt
tee
'-'90
5 til
5)1
109
11)0
110
6110
M 10
410
?)U
tee
400
090
16160
2I)J
100
1400
tee
i?no
1000
-00
1100
.1000
1100
1400
400
:ie
5ine
700
3610
I'M 10
NOU
;oe
1700
son
',"00
-MM
tee
9400
son
100
no
mi
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.tin
VO
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1.110
ADO
ion
14600
1400
VOO
.i;oe
no
4en
.'00
tee
I no
000
000
1200
M0
710
MtO
M10
'.'400
400
190
MOO
MO
700
1490
J410
11890
'MO
100
S90
.110
100
1 no
9J1
1409
1409
Hid
ion
zee
.1110
IS10
'M0
300
510
100
1S11
3in
:te
.1! 10
1 690
100
no
l 7)0
M3I)
V 100
H10 :
110)1)
100
690
1110
2490
tee
tee
310
610
110
110
10
'M)U
1S09
100
'MO
:iai
.100
ion
310
3)0
110
'.'00
7190
II0O
tee
" .1011
lain
-.te
a' 100
500
till
17 !
;en
'.'. Ill
Jill
4 mi
ion
-.tin
;ett
!0il
011
600
3010
into
!' -tee
90
ii'ie
4! 1(1
nw
111 J
Hi eli
12
39 "2
1HH
83 M
311
At
54
30
34
52 ';
32
13S
A
2 5l2
11 !
Aiivanc rtumelv
Air Reduction
A 'as nuhber
AlMka OnW M.nen..
'. V ?!,"a Jtinrati O M..
All-Amcrican C'.ibleK..I02
1 'led Cliem A nv... 4ST
. . a c''"n re Pf '
Allli-Chalmers 3n
. Aius.ciialmers pf . . .
Am Aifrle Chem
Am Aerle Chem pf..
4 Am Rank Vete
Am net flucar
Am Dehch Maunote.
Ani B Shee l'-ily new.
Am Can
13 Am Car X. Fdy. . .,
Am rhcl, ;
Am roten Oil
Am Ulrle. A T .....
Am Hide & Leather pf C7 '
-.in inicrnat LerD
Am Ice
Am Express .'.'.'.'.
Jm I.lnieed
Am Llnssed pf
J Am Ivocemotlve
Am Hadlater
Am Safety Razor. ....
Am Ship & com
Am Smelt
Am Smelt pf
: Am Smelt Sec A !
Am Steel Foundries...
Am Steel Filyn pf
; Am Sugar nef
. Am Suunr Ref pf
Am Sumatra
0 Am Tel & Tel
is Am Tobacco
12 Am Tobacco B
6 Am Tobacco pf new..
Am Zinc Tja,t , sn.tt
Am 7,lnc Lead & S Df 35
7 Am Woolen 79 i
Am Wrltlnjr Paper pf. 241;
.. Anaconda Copper .... 1"
Ann Arber pf . . . 24
Assets Realization .. . I'i
4 .Use Dry Goods 3S
0 Ateh Tep & Santa Fe. 7
Atl Gulf & W I s S. .. 33
.. Atl Guif & w I S S pf 24 H
Atlanta Blr Atlantic I'i
Atlantic Fruit 3'i
.. Atlant'c Petroleum .. 22'..
..Aus'ln N'lchela-i .. .. in50
. . Aute Salci Cerp. ... 3
1 Baldwin Locomotive . IT'
.. Baltimore & Ohie ... 37 1
4 Baltimore ft Ohie pf . . 1!i
B Pethlehcm Steel B... 56
8 Ufthlchem Steel pfiet
tiw
It
sm
17',
101
7Ts
ll'i
35 i
82 U
32 'A
At
64
30
34
32 9
13S
39
R 4
1201;
334
59
t)4l.(.
85
4"3
r.
41
821
83
31 9,
PI
50
84 -H
Si's
lir,
125
122
t)3'i
11
1-
Brklj-n Rnnlil Tranai' 7T.
. Brklyn t'nlen Gas 73
. . Brown Shoe 44 3;
. Bruns Term 3T
10 Burns Bres HI
.. Butte Ceppr ft Zinc. . 3''
.. Rutte tc Superior Cep. 17'i
. . Butter:cl 27
.. Cadde Central O R. 13
.. Cal fernla Petroleum . 42''-.
5 Cal Zinc Lead 6&
10 Canadian Pacific II?
California Paclttrt? .. 703',
2 Calumet & Arizona... 5V .
.. Central Leather T."i
. . Centra! Leather p . .
Cen-ral of N' J 205
.. Cerre-de-Pasco 32J4
6 Chandler Meters 'A
.. CheBapea'e A Ohie... 60
. . Chicago & Alten 6
. . Chi & i: III Hq T ctfs 3"A
Chi .1 i: T 1st as pd. . S,
.. Chi & E III pf ctfa... 32
Hilcase & Great West 63,
.. Chi ft Gr West pf.... 1"
.. Ch: Mil & St V 23'j
.. Chi Mil ft St P pf 37?,
5 Ch; ft Northwestern. . d'a
.. Chi P. I & Pac 333
6 Chi R I ft pa0 6-T, pf. CO
7 C'i R I ft pae 7 pf. 81
.. Ch'le Copper 12 -!i
.. Chlne Copper 26
.. Clev Cln Chi ft St L. . 49U
. . Cluett Peabody 40
Coca-Cela 3S
.. Colerado Fuel ft Iren. 24
.. Colerado ft Southern. . 42',
4 Colerado ft Se 2d pf . . 60
6 Celum Gas ft Dlec... 62
.. Celum Graphophene. . 4
.. Cel Graphophene pf . . 19''j
. Consolidated cigar . . 2.1
7 Consolidated Gas 91
. Ce.isblldjted Textiles. 15"-c
.! Cem Products Ref... h9
7 Coin Products Ref of 109
t.SO Ce-iden ft Ce 34
4 Cruc.hle Steel 6
.. Cuban Am Sugar 15',
.. Cuban Cane Sugar... S
. Cuban Cane Sugar pf. 19
4 Davisen Chemical .... 48s,,
: JS Debeers Cens Mln Ltd 16
7 L'eere ft Ce pi .63
ft Delaware ft Hudsen.. 169
6 nl T.icl. ft Western. 110
Duluth Se S ft t. . 2 34
. . Duluth Se S ft At pf . 3
in Eastman Kodak 635
6 Kndlcott-Jehnsun .... 75
.. Erie 12
.. L'rle 1st pf IS
.. Krle 2d pf 12 U
8 Famous Piayeis ... .60
Famous Pltuers L pf. 83
. Federal Mln ft Smelt. 9
5 Fisher Bedy of O pf.. 77
. . F.nU Rubber le;
.. Freeport Texas 15
Gasteu Wtr.f & Wig . -,
.. General Asphalt T5
a Genciai A-iphalt pf ..1C1 ,
n General Cigar 60
7 General Cigar def pf . . 93-
a General Kleetric 135
1 General Meters 11
a Gen Mo'eri deb 6"c.. e
1 Gen Met def 7-0 .81
; Goedrich C T pi .... hi
Gianby foiisel M ft M 26
7 Great Ner'lirn pf. .. "3
4 'ii".' n eitl Ore ct.. .".)
4 Hush'., ft Uail.er Car hti't
. . HoJSien Oil ??
) Hupp Jlote.car II
1 r!inei Central . . . c?
., Indlahema Refining .. 3si
.. Insplralien Cen Cep-. 3H
.. Jnterb Cen Cerp '
. Internal Agrlcul . . . 0
7 lnt Harvester neir. . . 775
. . Int Mer Marine. . . 13
6 Int Mer Marine pf. . . 59
.. Internat Motertruck.. 29
.. International Nlckfi!.. 13
.. international Paper .. 36
.. Invincible Oil Ceip . 10
--'a
II
5ti
371j
64 3
128 J
32
.V
!
83
4
6H
40'
sin
83
30', 8
92
33
84
30Vi
115
121
1213,
03" '
10
33
70
213,
44H
21
I'i
3H
87
31
ill 3
I'i
:i
223;
16
3
5
37
51
55 3
101 'j
?H
73
44 !4
3
109 "2
"i
16
27
ir
413,
r
:i5
70
53
31
IS
2011
32
4 5
.IS'j
6
3
s
3
H
17
23
36-j;
68 i
32
69
81
12 i
26
49
46
37 34
24
41
30
!',
4
IS
23
ill
15
S8 34
1093,
33
65
15
1s
40
16
63
I0S54
1093,
2'4
3
633
74
12
th
12'
tr.
S3
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15
J
r.i34
tei
1103,
03 34
134
H
70
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:
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11
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3?iJ
1
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12 d
54 3,
2S
12
64
111
1 30
v
12 -
3914
17 -
H
101 -
48 -
043J
35-
82 V -32
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r.i -54
30 '
34 -
52i '
3l?i-
138
9 -22t
ll'i
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6R3H
f!634 1
33t2
30 Ts-94'4-
83 -4
r,M
40
82 '
83 !
33ie -92
?
55 -
84 -
31 ? :
1151$ r
124 -1213-
931 -
11
33
79 -
24 J, -
44 '
21 -1
1
38 -
Net
( line
ii
l
Ril
3100
200
390
210
700
100
121090
2200
100
100
5300
1090
2J0
309
200
Dlv.
in $
Hull
Islatvl Oil 3
International Content. 27
Jewel Tea 11
Jenes Bres Tea 33!
Kansas City Southern 24 "j
Kansas City Se pf... 52
Kansas ft Gulf 8
Kelly-Sprlngflcld Tire. 41'
Kelsey Wheel
Kelsey Wheel pt
Kcnnecett Copper ...
Keystene T ft n
Kresge S H
Lackawanna Steal...
Laclede Gas of St L.
' 2000 3.BO Lehigh Valley
U
5
H
'
iJi
i
14
M
ii
i'i
1
1
3;
H
36
1
33 "
2414 '
3
22
H'6
3
en
37 1
51 :-
36
161 -
7
73
,4 34 '
3-0-110-
-IB'-.
27
ir -
413,-
(1
tl?
?ei; -
B3i '
3"
fS
200
32 3
6 '
3 '
8 '
I'i '
0 34
I?
23 -37
6S34 -
32
69 81
12 '
20 -
40 -4
6 -3S
'
24
41 -30
-,
' -
'
ia
2.1
91
15
h9
109
33
fi5 -4
15-
s
ls,
4s3,
16 -63-119
110
23, '
:i '
6.15 -
75 ' ,
12 -Is
-
12 V,-
r.n
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9
77
103,
l.i -
C434-
till
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s,n4
134
111 .
70 "
81 I
M
'6
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il
37 3
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n
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12 :
;.s 1-
'h'j-f
10 '
1
1
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3
1100
no
100
310
209
109
200
709
3100
200
100
109
20100
100
1100
5000
1209
2f.O
100
1290
100
1100
990
2.10
100
100
200
660
100
700
100
1390
ion
600
I6iw
I DO
200
400
1660
sua
600
900
4100
tee
2IC0
ICO
200
ire
4000
5510
tee
i.n
:ioe
12111
560
11(10
ICO
3200
390
600
390
16(0 1
100
IfO
fit 510
M0I
100
500
400
inn
I ue
inn
3?en
.1010
3290
300
tee
601
OHIO
300
4011
.110
201)
100
45.111 .-,
100
1200
51'tl
201
100
600
I'.UO
7100
2011
lillO
7100
5110
700
' 700
I 7110
, 310
till
1011
111. Ill
1(10
209
12.190
2'MO
9 (,00
1190
6261)
tee
I ' lull
III60II
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1091)
1 Sill
I III
, trio
liU.i
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100
ion ;
9090
110
r.'.in
in
a 111
II in
inn
..1111
inn
ten
3 .0
.1)0
IHOO
1 :i m
ion
4119
31111
.11)11
lull
CIO
Lecwe. Ce
! Left Candy
7 Loese-VIIrn B 1st pf
12 i.er nam Tobacco
69
94
211j
93,,
iV
42?,
, 47
56
. 15
9
08';
ll.'2
7 Louisville, ft NashvllleI0S3;
4 Mackay Ce pf 67
.. Manntl Sugar 28
T Manhattan Elev guar. 37
.. Marland Oil 29 Vfc
.. Martin Parry 18
.. Mnxwcll Class B lOJ's
8 May Dept Stores 91)
12 Mexican Petroleum ..114
8 Mexican Petroleum pf SOU
2 Miami Copper 251
1.20 Middle States Cerp... 14J
.. Mldvale Steel 24
.. Minn ft St Loul 7
7 Minn St P ft S St Me. 68
.. Me Kansas ft Texan.. 1J
.. Me Kan ft Texas pf.. 3
.. Missouri Pacific 19'
.. Me Pacific pf 43i'2
.. Montgomery Ward ... I0JJ
7 National Biscuit 120
7 Xn C ft St L t9
.. Nat Cleak ft Suit 2HJ4
7 Nat rieajc ft Suit pf . . 73
.. National Cen ft Cable. I
6 Nat Ennm ft Stamp.. 36
. . Nat R R of Mex 2d pf 3s;
.. Ncv Cen Copper 13),
fl N O Tex & Mex 01
New Yerk Air Brake. . 65
5 New Yerk Central. .. 733,
.. New Yerk C ft St L.. 68
2.50 New Yerk Deck 32 9,
.. New Yerk N H II.. 13
2 New Yerk Ont ft W.. 21
2 Norfolk ft Western... 9?U
3 North Amercan 123
. . North Amer pf ctfs. .. 39
7 Northern Paelfi-e 79
5 Neva Seetla S ft C... 21 H
.. Okla Pred ft Ref 3',
2 Orpheum Circuit 19
8 Ot's Elevator 164
.. Pacific Mall 83,
.. Pacific Oil 43
fl Pan-Amer Petrel .... 60
6 Pan-Amer B 40
. Panhandle 11
.. Parish ft Bingham... 14-,
2 Pennsylvania R R. . . . 35',-i
.. Penn Seaboard Steel. 9
.. Peeples Gaa Chicago. 05
.. Peoria ft Kastcrn S
. . Pere Marquette 213;
.. Peie Marquette pf. .. . 5634
.1 Philadelphia Ce ...... 32
7 Phllhpp-Jencs pf 87
, .. Phillips Pet 32J4
.. Pierce-Arrew Moter.. 14
.. Pierce Arrew pt 333;
.. Pierce Oil 12?,
J Pierce Oil pf 031j
:. Pitts Ceal 39
. . Pitts ft West Vn 24 3;
.. Pend Creek 16'i
. Tressed Steel 0IJS
7 Prewd Steel pf 90
. Producers ft Ref '-'6
a Pullman JOS-M
.. Punta Alegre Sugar.. 30
2 Pure Oil 301
rtallwnv Steel Snrlne. 9
7 R.i lway Steel Spr P1"-10..
. Rav Cen Copper "
4 Reading '"'
2 Reading 2d pf ',
. . Rem nsten Typewriter
.. P.epubl'c Iren ft Steel.
. Republic Meters
7 Reb nli ft Ce 1st pf.
.20 Royal Dutch N Y....
I St .Ieeph Lead
.. St Leuis San Fran. ..
. St Leu s ft S W R R..
.. St Leuis Southwest pf 33
. . Sa-ten Moter ........
. Seaboard Air Line. .. .
. . henra-Recbuck
.. Senec-i Cep Cerp
Shattucl; Arizona Cerp
.74 Shell Ti.mspeit ...
. . Sinclair Oil
a Southern Pacific
. . Southern Rail
.. Southern Railway pf. .
4 Standard Oil of Calif. SS',
K Ktandai d Oil or JS I J . . -
7 Stand Oil of N J pf . .
7 Steel Tube pf . .
1 -s'tudebaker 3
1 Studehakcr pf 100V-
1 Submarine Beat Cerp.
. . Superior Oil Cerp 9
. . Tenn Cep ft Chem H34
3 Texas Ce ,v2
.. Texas ft Pacific 'M
t Texas ft Pac C ftO... 30
16 Tidewater Oil 149
4 Toljacee Products ... 60
.. Transcen Oil 9
8 Union Bag & Paper ?3
.. Union Oil 21
10 Union Pacific I'M?
4 Union Pa c.flc pf 6s
8 United Drug 749,
H I niied Fiult H9
n fulled Retail Stores.. 31
. 1: S Feed Products... 12
4 1; S Iml Alcohol 40'
. . I," S Realty ft Imp. ... 37
.. US Rubber 49 ',
. U S Smelt ft Ref 3!-i
l.lu I' S Smelt ft Ref pf... 42
6 U S Steel b'M4
7 I' S Steel pf 112
; I fill Copper 68
. I laa Sec 1"
..'oil. ion t-01 p 31 '
...re Chemical . 31
, .i-i.'.ii I'tlein cal uf 76
, ..union .luc
Wabash
Wabash pf A 203
t 5u Wells Fin go Express, fll
.. Western Pacific 21
7 Western Union Tel... 91
4 Westlnghoiue B ft M. 47
4 White Moter' 37?
.. Whltu Oil Cerp 13
.. Wick Speiic Steel Cerp in
.. Willye-Ovcrland
. Wllls-0erland pf .. 2S
4 Woiihlngten Pump .. 4 4
40
"Yz
30
17 H
133,
223;
2 2 i'i.
:
3
6?s
24
C-4
36
'3Sn
?!)
10
43 ', 2
,1129
"!
77!
Lew
Vi
27
II
33
31-H
82
7
403$
69
94
24
H
171 'a
42
4?
60
14
9 "2
983;
1443;
108H
.17
28
3B
283;
18l2
101,
90
111
SO''
.)
14?i
24H
7
C8
1
is?;
43r.
10 Vi
120
99 Vi
2S
71
I
35
3;
13'
61
34
?2
68
31?
13,'i
20
8;i
42?i
39 3;
78H
21 H
3Ks
18
1C4
8H
4494
!9Ji
46
It
14
35
93;
51
8
If
56
32
86
31 3;
14
333;
101i
60
39
24
10K
01
90
26
102
29',
35 '4
90
107
14
71
42
M'j
19
?
56
46U
13H
21 J,
21
32
2
3
6
24
.
tin
23
7!)
Ill
43
87
17!
I12 3
77'i
74
10(1
41-
7 ,
9i2
44
22
29 S
149
60
8 3
'.'I
123
6S
73
1I8'.4
50
"3
us j
50
48 H
33 Vi
42
82
112
Net
dure.
4
3
1
23;
!
2V'
v
14
1
I
2;
'
va
!4
'j
1.
1 an
v .
3
27
II -
333;
24 52 -7?i
21'
9?a-
17112-
4312
47 -
66 V
14-
9"j
98 ; -i-1443;
-
198?;-
37 -!-28
-30
-2V,-lSVj-i-
10
90 -1I3VS-
801' 1
24);-
141-i-24
J'e -
7'.-
68 -r
Mi-
31-i-
189;
43 -
16 Vi
120 -
9015 l'2
2814 -r 3 V
73 3
1
36 - !'
3-); 's
131i- !i
1 t li
35
73
58
3t3;-
18
209; -i-
07H-i
423;
39
79',-
21H-
3-
18 -
104 -
8'i-i-44?;
50J,
-143;
H
36 1 ',
9-V,-54
-
8
21 ! -56
-
32 '
14 :
33 -U -12
f
63 '
53 -21-10-61
90 -20
102?;-
30-'
-107
14
72 ;
42'?
-'4
49 '4
7VJ
56 -t-471
-r
139, -21Ti-21Js-33
2 1 '- -
3'I
ni-
213,-
69;
26 -23-70
Vi
181 '
45
88
172
1123,
??' '
75 -
100
I'i '
8 '
-.1
45-
ni -
30,
149
60 -9
,
Nctv Yerk Curb
INDUSTRIALS
' Hljli
Acme Ceal A''
Acme Parking 8r
Amer leather '
tint Airer Teb coup Ills
Cnllfnrnlfi Crushed Fruit.
Carlisle Tire .?,,
Chlcsge and Kast III ...... J,
ChtcaKO and Kast III pref 91 Ji
Cenlcy Tinfoil 19'
Durant Meters 27,,
Gibsen Hewell 16
(lien Alden Ceal 441i
(loed)ear Tire Ii.,
Oram Moter .l's
Olllette It 177,,
llevden Chem 1
II ft n O pref or.
Natlenul leather 3
N J Zinc 124V4
Perfect'en Tire 4r
Iladte Ccm 2
Ilartte Cem pref 2V,
n J Renyelrts (n-w) "H". ar.lu
Kchulte Storm 35
Hweets Ce 3
t' H Distributing 20
17 a I. & II 1i
I,' H fhlp Cerp 14
f H Steam 20
United Profit Sharlni: ... IH
Texas Gulf Sulph 01;
BTANDARD OILS
Atutle-Atner Oil 10.
Atlantic I.ohes 10'i
Imper'nl Oil Can 90
Htand UII of Ind , 87!i
Lew,
Vi
85
11
"
14
JSu
27
1
44
vk
"I
U
1244
4k
3,15
35
3
"
II
20
3,H
( - I ,. 1 11 1 1 f ' ' ' " ' ,..',' I '".' "l ' -X
I " ' 4 '1 1
nil
i'.A
-IX
18!i
8014
.14'
an
3V4
20
IH
14
20
Mi
311.
18'i
ieii
884
INDLPBNDKNT OILS
I
1
'a
,i
2
3Vi
1
1
Vs
1'
is;
Vs
?'
1
?
1
1
'a
II
' s
I
'
1
'-i
19
Amer I'uel pref 214
Allen Oil 70v
Allied Oil 4
Allied OH ncv 25
Amalg Il'51'alty 4
Atlantic Pet 4
Beene Oil 30
Uosten W.nem'nc 84
Carlb Synd r.'i
fltles Service (etd) 220
Cities Serles "B" ctfs... 24 Vi
Creele SnU 2
Iier.iy Oil 27
Silmendn Oil 100
Klk nasin I'et ... .
Ilnulneers Petrel . . .
Federal Oil
Ollllland Oil
(Ileiireek Oil
Imtwrlal Oil
Int Petrel
KejMone Ranger . . .
i.ven. I'et
Maracalbe Oil
Merr'tt Oil
Meridian-Pet
Mexico Oil
Neble
Omar Oil
Pennelc Oil
Nl.nm-i Pet
Skelly Oil
Texon
Tucheney
Vn Texas Oil
Victeria Oil new
Western States
Wlleex Oil
Y Oil
Heutherr 1' ft II
MIMNfl
Uosten Menna
Candelarla Mln'ns
Copper Canten .
Cens Copper Mining
Corter. Silver
(."reason Osld
Kl .Salvader
Hureka Croesus
Held Zene
Bellinger
Howe Sound
Magma Copper
Independent Lead
Mether Lede Clt
National Tin
New Dominion
Nlplsstng
Pitts Idaho , ..
Ilex Cens
Seven Mtn
Se Am P 4 a
Stand Silver I.ead
Tonopah Jlelmnnt .
Tonepnh Divide
Tonopah Kxennler
Tuolumne
West Und Cen
Yuken Geld
64
iTi
I II 4
106
HO
2.1
11'i
10
).
18
1-Ar
ni
11'
0'i
73
r.
2S
i'i
37
3
01
ti.
87
28
en
1,V
81
m
13
in
15
7
214
21
(i
Mi
0H
S'!
l
R
II
iS
8ri
t
38
S.-i
I'i
2'-i
70
4
25
i
414
33
83
51'
218
24',i
j
24
08
7'i
r.i
in
10U
OR
81
2B.,
Ill
10
Hi
12
1
6'
H
, ni
70
72
20
I'i
37..
3',
8R
0'i
RH
JS
or.
1
8t
ill
13
3D
15
4
I'i
21
t
5
01
5s
R
n
10
1
07
1
3S
85
1
2V4
70
4
23
4
44
37
bS
5'i
218
24i
20
00
7W
62
j
4
A
1I1U
100
80
25
11'i
10
12U
9V
6!
in
72
28
3 7
8
V0
61.1
80
28
06
t
81
I
13
HO
15
21
4
Mi
6ft
nil
8
ft'4.
10
Hi
07
I'i
38
85
I'i
BANKING is net all a matter of Meney,
Metal and Marble. This bank has a
personality manifested by the cordial re
lations which exist between the bank and
its customers. This human element makes
for pleasant as well as efficient banking.
Central National Bank
of Philadelphia
Chestnut Street at Fifth
Capital $1,000,000 Surplus and Undivided Profits Earned $4,400,000
,1
1
f
RONDS
l!)3J
Aluminum
Amer Tel 0a IHSL'
Amer Tel (is 10.M. .
Anaconda 7e 1!I29 .
Anttte Amer Oil "'is
Armour 7s
B-th Hteel 7s 1035. .
. ni l.ait 1111 lis .
Cent Steel Re . .
Cuban Tel 7's
Copper Kxpert 8s 1UJ4
Goedrich Tire 7
Gulf Oil 7u . .
Kennecett 7s . . .
Nut Cleak Rs . . .
N Y N 11 ft II 4s .
Phlta Ce (I
Philippine 0is
Sears Roebuck 7s 1U23
Shnwsheen 7s
Southern Ilnrv jjs
Stand Oil N V 7 tOJlt.
Stand Oil N V (I'-js
Sun Oil 7s
Sun Oil 7n 1011... .
Texas Ce 7,
Tel Hdisen 7s
Un Itwy Havana 7'js .
Vacuum Oil 7a
iVesti'in Illec 7s .
Arecntlne 7 ....
Rie Grnndu s ...
Swiss iji-m .
..101 ',
..toej,
.'tee'
:18S
. eRi
08il
..102S
.. 7i
..10'.".,
.. 0B4
. 90
. . fiR
n'-'ii
.. 09H
..100
..l(Ui
.. 87
..105S
.. 9M?;
..tot
..101",
. ..10l
.. H91,
...1U5S
..103',,
""J?
!'
1011
1O0 4
tin',
100
lOS'.i
102
100
en
102 -H
97-V
01) 'I
05;
5"
et,
U0i
100
101'i
87
105?
104J
0RI
loe,:
101J, 1014
let-S teilI
004 004
1054 lOB'.i
10.14 103k
004 094
00 'I B9
95 Iio-i,
lOl'i
leatt
00'i
100 4
i03;
102
1004
07'i
0BU
984
10'i
103Vi
004
no
58
oe
100
101"
8T4
106
104;
1111
MIIIIMIIIIIIIIIIIIIUIIIIIIIIIIIIIIIMIIIIIIIIIIIIIIIIIIMIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIU
I ARGENTINE GOVERNMENT
I Twe-year 7 Notes
Te yield 7.20
5 Argentine's National wealth is estimated in cxccs3 of
5 $13,800,000,000 against which it has a funded debt of
approximately ?533,000,QOO (Dec. 31, 1920). Its per
capita debt of about $62 compares with $210 for the s
United States, while its currency protected by 80-7e Geld
5 Reserve is one of the soundest in the world. In volume
5 of foreign trade, Argentine lcad3 all Seuth American
countries.
E Descriptive circular en request s
I West & Ce. (
151 1 Halnnt Street 52 llreudimy 5
E riilladelpbla Members New Yerk 7Z
n New Yerk hteek Kxciinnc 5
"Z Fhlladelptila block Kvcliance Z
FJllllllllllllllllllllllllllllllllllllllllllMMIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIf,
H
Philadelphia StecJc
Nih
7a.
Nst
Lbce,
at
in
.tti
:il
I.
6
7
2tl 3,
1.6
'0 5,
no
47 V
37 J
12
le-
5
2S
439;
V. iliM'lend.
21 -123-5,
CR -73
-
118-50'-.
-1U4-391;
-37
-48?.,-33
Vi r
42
82-
1 12
57 !". :
10
311
31
73 '
34
7
:(i -te
.or, -
909,-1-47'
i
37 9;
13 ;
10 ;
6
28
139
2 14
1
3;
3',
'.;
1.15
Lew I r
lit Am Meies ii'i 77Vj iiH
" de 1st pfJUl-g 101V. 1041i..
L'utAui Sum.. :nn :ivZ mv.4- "i
itAm T&T.llSS lirs 115
"s
1'!I.'.
iu;s
22 1,.'..
Commodity Markets
GRAIN MARKET
(liiiac". Nev- ' Wbein siaitcil
" , higher 10 ."V biwir for Dei embei
and iiin-iianged 10 V- lower ter May.
vN!ls a miM'il tiaue wnu iemui-
01 ". lii 7 point', belli..- 1111 "In ; n mi f ,
tin- 1 nil. 'I" li- iniirKi'l lip l.m :ni -"il "I
1 uyi;ii'sii. -uiiefl.
Tin; refflpt- nt the 1101 is I'm the ilu
me estiinuted at lit), (lull Imle'. iiKiiiift
J1.'. Ill bales 11 week iike. ill. IK!." Imlei
a em ait"- "nil ."5,!iiU'i bale- tu .niirs
age.
Old entiilillMtifd Sen "lurk SI ink .,.
clinnne lieinr ulili .uiim l.uinl llll(
tradlne Ueiiartiiienl ile-iri, mrp ,nr.
rtstieiiUent. Can Kle liet of t.rrtii
en stecki. or luiiiil- llnli lirni- f
lilfhest smile ienlilrreil trtdren
Wires.-' P (l He !J! lit. ii,,,,
Slut ii". Ne erl. N 1-
RUi?J?
BONDS
Blodget&Ce.
Real Estate Trust Bldg., Phila.
Grain Dealers Alter Trading Rules
I liliacn. Nev IS Itadlrai .triirefs ,,, th
) i,f (train rxrhanste, le cempl ivlih Hie
,r . ir-Tim h'r lull are helne pmpared t
h iiiiiieunfed today folteilnff a meetlnir
f 11 nrei.nttiees if leading cj. lungm of
il untrv jesicida- before i.'hester C
V. in. Assistant ". r-urv of Verleullure
1 1 ii rtniic iae " i.l te nliisln Ihe .1 . of
1 in t 'irBMiilsat ens ui te what luinaes
'ii niik 11" cmirv 1.1 j,Tin t ihem te join
ih . Iiilie'-s and a- a pari of trie Aiji-i-
u iir I irnrlin-11 niestlKatien 10 de
in i, v ni. n ex, nnn'H mull t desifrnati'!
.11" a. t nu.riteiH The x. haiutea ex-
-..l ihrii iniriiilun of nmnljir.e with
m preMslnii uf the eel resulntlnif tradlntr
ful irm Km lumxes of 1 'lilcane. Uuluili.
inn . b".. Hi. Ini.ile -III-' uukt.. St Leuis
hi .1 '-..irifui-) ( If
i ere n-preaunteri
WIEGNER.ROCKEVsCO
Certified Public Accountants
Drexel Building, Philadelphia
MONEY-LiNDING RATES
"illltlv M .in '.r. mil
n nil .
1 l.i.i: rt.
1 tiidii'.
hetli cldSie
44 per . ,-ni
rilll..l)i;i.rill. Call rt per cnt, tune.
;, till ier rent eommerclal paper thre, te
runs 0-1 11 p- 'ni
l'-i t jus 1 i 'in
1 'luiu- 1 ii 1 V nm
til mi Ii. Ml HI 01
HI 1. I Ii! I'll HI tl
. Id lis til. 0.'
lii :.i in ,.:t . ...
111.2.1 in ir.
. r. in ir. 37
Octifcei
NEW YORK COFFEE MARKET
New Ynrli. Nev. IS. On Ihe -lu;lifl.
'I'l.i.i
spot cabl.. fiem r.ivetpoel an. elaims of , ;,;,,';
liliin renilii'iiim niii'"-'"-' "-'" '" 1 .tun
inspeite. yesteruny wi. 'te . ...s. .-.
- IP .. ...ii,l. inllfl'al fll'tll
with iinlv limited effertiK" uiu! n nei
demanrt.' Weather reports hlimv . rrn -Riilerabb
pieeipitatien ever the West
ami the Eastern gram sections witli
liglit. seattereil showers in the hetith-
"T'em started uiu hanged te t hlgliT 1
with n limited trade. There wus buying
hv srattered i-ommlHsien lieues nnd el- j
t !., .t urn btlinll. , rn
Oats Rlnrted steadj le ' b" hlghei nt tlf. w1lume of business hud been ' repnrleil. linn
.in, uniall trade letleetins the iniinn ,.,ie If sltt during the Iiim lew un.. khhj II1..1II
FOREIGN EXCHANGE
New illl,, Ne. IS. -The telclgu ex
ihniige market epcni'd seniewhal Iim-kh-lai.
but with the mujeiity Rhewing de
iliins of I le I' points fiem ,iesterdli "s
liiuil
.riuiiiil 11111111 il.e niiiikel lies dull nun
siialitly it-ii-t . n i.iIIdwk: "Sterling
uibl"s :i.!l!)7Si deiniuid li.ilfl' ; lr,,e
iuIiI.-s T.L'L".., iheeUs 7.1'.; lMglnn
e.lbles 7.0(1, inciks 11.11!); lj,(, ,aut.s
LIT'.., .In is 1.17. inniks .r:ei '..
Tlie premium en Neu Yerk funds in
Meiiticnl today was a hhnde easier at
'.''s per rent. CiiniKlinii finuls in ('n
lerk we-,. 1, shade tifiiiei lu.hiv m ll.tfi
UttAin Weel. 70
."itAtlan Pet. .I'i...
10T15 & O.. .".. J57 37
lOfCalif I'et. !". -1'.' -'l
lOtl'Imii Alts. ir"s -1,-7; .157s
-jTv M iV St
Paul pf.. Sll;,,
llOfCrucible.. iW-yh
IGtC'u Am S11 lfJii
30 Klec Stei".ll44 IM 114
L'uTOel & H.lOSTj, 10S' 10ST6 9i
aOtFnm Play 08 07 08 S
.luu i aspn pt.Jiil
ri,"Kcn Mtrs. 11'h
"JOtlnt Mnr pf flia;
300 Lake Sup. 7'i
4111 l.eh Xuv.. 70
101) Leli Val.. ,-j(Jis
1H00 l.ibbv-.AU-
Neill ... 71, 7', 7i..
lOfMcx Pet..ll3'j ll-JH llLiiia:
lOt.M Sta Oil 147,. nr; 14Ti4. ij
.(It Vim- In.. 7(1 rn tii '" i'T
lOtPac Oil .. 4J1
107 P R U... .'k-.s
1 Pliila Ce . :ei
01) de urn pf 3."i
lliliPhila Klec. "':
L'7i
Mi"
13
71'. 7m 7ll-i- a:
. . . 1 n
JS ' .S ,S 1
4''
4.-7;
307
011
I.-1,!
101
11 5
1
07
"O'.s
.'!07 14
.... 1-1 it..
WfflTJ'i
v
7 l'
Oil 2
ijti's i'n
17(1 de pief. .
".'.-i0 Pliila U T
tilt Pierre-A 1 .
.'."liPient'-tlil
."OI'Kciiditig.
170;-Sii)i Oil..
lOOITexas Pa.
c & e..
S."0 Ti.ne Tlel .
71)
44 'i
.::. ',s
31' ii
3 P..
l'liTR
7',S
13-'s
I Ms
s
ii) 4- it
35
32 K ii
3.r. " 1
1.
-I
BROWN BROTHERS & CO.
Neve erl
Established 18 IS
I'Oim'll & CHESTNUT STItllKTs
rilll.ADin.l'HIA
UeitlMI
HIGH-GRADE INVESTMENT
SECURITIES
DESCRIPTIVE circulars furnished any time
upon application.
A Century of Service
BROWN, SHIPLEY & COMPANY
Founders Court, li-athbur.v
LONDON, K. C.
enice for Tra-reler,
13 Pull Mull, LONDON, S. IV.
I
l:
1 1 -ii
HOW TO FIGURE INCOME TAX
en
STOCK MARKET TRANSACTIONS
I This lnlMt of our copyrighted boeki I, new en the pres. Seni j
I for vejr copy at once te be aure of settlne It. Sent with our I 5
I rArnnlimi.rits. I .h
Edwin E. Kehn & Ce.
tfl Iff 1 II.-. t. . .
memecrs v-onieuomea oteen exchange of New Yerk
1522 Walnut Street, Philadelphia
New iQi-k. irenten. Ka.ten. IMttsbiirth, IVIImlnuten. rettTllle. Iladelen
M
ri;,s
le.
1 '
30 3S
IV..
30K
1 1'
25tl'ii Pac... 123Ti 113 12374 i;
30 I'ii True. .I2U 32 321? s
!00 V ti I .. ;iil jstj 301C 1:
10 de pief... I07i
2." tl S Steel. S2'!4
201 V S Indus
Alcohol.. 40
301-Wubash .. 7
22; West Pac. 2)i;
82 34
aiTM
-0
VAy
824 . .
7'r..
9n a .-.-
.. ,A u
.-i riiansr niae uv comraiUen with tt
't un .iv V.,rl. Hteik Exclianiie '
1'I11I.A1)KI.I'1I1,V llONDS
2200 l.ibeily 2.1 Uiu '42.. .
1000 l-iberly 3d 4'4h '28...
.-.000 Liberty 4th 4',n '3S. .
::000 Vieteiy 4'l,s-'23
.klllOO Vic lery 4ijn "23... .
2000 Victety jejs '23.. .
1000 Lehigh Valley lis. . . .
10000 PentiRylvnnia O-V-f. . .
1000 riiitc.l Ter New lei 1
3(K)0 I'nlteil Itallwavs .Is .
04.7O1
011.41!
04. 82
110.70
00.74
00.78
101
104HJ
0711
Charcoal Iren Ce.
of America
I'irst Closed Mortgage 8s
da Net, I, 1931
I. urgent producer of cliarienl iron
unil noed alcohol In the V. N,
Total ntael 3H timet) bend limae.
.Sinking; I" 11 ml retire. $100,000 bends
every 6 mouths.
Price 98'2 and interest
DenerlplUe circular
upon requeal.
United States Government
Bendn and Certificates
of Indebtedness
Harvey Fisk & Sens
INC01lI'OHATi:i)
Land Title Buildin;,'
Philadelphia
1 llonten
I New 1'erU
hiiace 1
ItllfTulu 1
Attractive
Possibilities
mS
5;
S V
M
II
H
mt
What has happened in the I
ngh-srade investment issue3 g
can necihr l.n -., I..1 ;n (V10 M '
-H-..J um iujjcuil'U ..I is n
Stock Market,
We discuss
Gen'I Asphalt
Mexican Petl.
Texas & Pacific
Sinclair Cens.
S
M
B,'5:
" ,i
H
SI
S
M
Send for our special letter en g(
tnese stocks. Ask for L-13. M
a
,..,, Itrnilinn mlvli i and nlisritee of l"Lrp"1 ,lNri '
aggicssive stipperl. the market s,d n iie,V, tVmly'liidav'T'Vlie ife
this morning 0 te 11 points mi tlie 'luetiitimis : llulcnrlnii. .(is : Serbi.,..'
.all Pessiblv some of the early sell- 'ls; ''.cho-Slevakltui. 1 .071-.. ; .lugn'
,ngas ..gains, recent purchiiM, of I "ftm, ' A,!',, l
reflee in the . est and Height inniUet. Hungm-inn. 1 .1 1 . Seuth Americans were
and does net siigpe-i nn
1 hnnge in the poMtilen.
Pi l tnr fipn
tliri.inlier s el si
Mi. nli '
Muv . O'l
July . ... 7 IM
pai'ti'tiliir il . l.'i.
inilnj us follen s :
Argentine, 131. ."(I;
I'ni-llid-
BAR SILVER
in ether grains.
COTTON MARKET
New Yerk. Nev. IS. The cotton
market opened 3 te 7 point lower to
day with only 11 light trade. I he sell
ins was by spot houses Liverpool and
local Interr-tH. based mainly en heavl
nesx in Liverpool. New Or ran., .lap-
anese concerns and W all Street werti'
the biljer. l.nter the list acted steady
...niinii the opening levels. ,
n. .m..rr l Iiiinei teri lirii es worked I th Phitiiiii.inhiH Mint
.......I Vl,.. tmnn hour December tuS'iK ilver for some llmi and tihleli wl'l
lower tewnnl tlie noeo 110111, wectiiiucrj ,h() frlleh, ,hBree etc in Ixm
taslnc off le S.43e nnd Mtiich le s 0c, den the price wa 'td higher m :in.i
'. I.S'I i:illi V s I IN.M, rji-OTA ne.vj
Sterllllif rrnnin l.ir liui'iler.
li'niM'ul Mill's. 7 'IV, I 171. ni 11,
s nsg III i' 'i'i'-' 1 ini' 1 .'1 117 3." Ill
"KJjR-! HUjAY.s iiI'IIMMJ (JUOTATIiiNs
T-SU-BSj.' hurling Kranus I.lr (Jullilem
i"-nirtii.i .iiiii- i.j'"j i, in', ht ir.
i.'alile
00
.23'i
i.n
35 .()
Drmeitii l.ir ll.er 'lueteil 111 Ve
Turk teil.i ut tifi. i per tine ounce, hii ikI
Mini i of 'ir foreign 9t " KRln of '. '
The ailirtn. in th prlte t iinieii 1 licr
in du. le 1I10 fi.'-t that tilt (levernm 111 lets
gnen tuihe tlul It ".Il re -he llie ut
wnerii 11 1 e 1101 i 11
Cern Growers Organize
Muliliiten, Nev IS OriMnl .itlen .r a
1 urn Ilelt .llilum t euun'tter t .ibu.n ihi
1 -operation ' ImnkniB mmitim .n,.
ilireuvlmul t'l. . in I lt In tir .iiiti.m J(i,
iiuate llninii nr tlie erU rl uuiliatlmr
of corn and for the feedliig of ilveiteck
waa anneunceii today at th War Finance
etiKiratlen " '"
LONDON STOCK MARKET
Oils Rally en Repurchasing Trade
In Rubbers Dull
Londen. Xev. 18, -A better iVcllne
Mas In eidence In the oil section in tlir
Stnfk KM'hange today, with prices ill.
plajlng n tendency te rally ii a result
of n purchasing. Hoyal Dutch was 35,
Shell Transport and Trading nt -1''4 and
Mexican Kagle 3 5.10.
Sentiment In (he Industrial depart,
ineiit was mere cheerful, but price
iiiinoinentu were c.iiiline.l le narrow
!iinii. Hudsen's Huy was 0. Itu-i.
n. , In rubber shares was dull. Trim,.
actions in home rails were limited it t
unchanged (imitations. Dellar descrip.
tiens were neglected nnd ruled around
pievieus levels. Firmness was noted
in some Argentine rails,
The gilt -edged list wns rjulet nd
ciisiei. French InuiiR were llahby, in
sjinpnthy with Pnrls, Ka(lir received
belter Mipiniri and held stead.
Generally, the muikcts showed s,tn
hillty, hut tradln whk light, with the
usual week.entl absenteeism noted,
C. S. PATTON & CO.
3D CHESTNUT NTS.
BANKERS
Nucrers te
j SAII.r.K t fiTKVKNhON
ll-indi nnd tnik bought .mil (old
Member Phlla. Stack Eiehn
P V r.UTunv p. rt i
. k UU1IUU& Ot lU
li.-i.-sui.ICS rtII llItllKKIIS a t
ilembera of Philadelphia S ecli J,
i,.M'.i uuii gj
Keystene: llace 1S37
M Hell Phene: Spruce u.r.3 1,
nmSIHHIBBIIHIHHBElIHBEIB '
In 1418 Se. Penn Squire, Philidtlpkii A
-. m . sum: 300 ' 1
VRcdmend a Ce. j
New Yerk Philadelphia 1
Friendly Helpfulness.
Cern Exchange Nat. Bank
Yeu have been careful se far about
your money matters. Hew about
your will?
THE PROVIDENT
Fourth and Chestnut s,t','A''U-ru'-
0emler 0 Werar Brv Sjatem
If There Is a Market '!
We Can Find It
We held sales of stock
ia tr JAi.
and bends every weain.--day,
charging $1.50 ent
trancn fnn for pnch item. QuIi
weekly catalogues and PeS"j'.
card aervicc reuch every 1,,fl.f"'
kct. Wc take pleasure if
furnishintr quotations.
Barnes & Lefland
Sleck Ilrekera nnd Auctlu"'"
147 S. 4th St.
Stockwell. Wilsen & Lin
Certified Public Accountant? ;i
Land Title Bldg., PhiladeJpHf j
J
La-i wj, Lx
.
f.Mr-lHltlgiilli v.