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LA
d
EVENING PUBLIC LEDGER PHlEABEMm A', MONDAY, NOVEMBER 21, 1921
v(Hft - - ,"-
I'
,'
Joint Stock Land Bank
Sy2 Bends
Due 1951
(Optional IM.)
Exempt from all Fed
eral, State, Municipal
and Lecal Taxation,
excepting Inheritance
Taxes.
Price 102 Vz and int.
yielding 5.18 te cotton!
date and 3.80 thereafter
Complete circular en request.
Harris, Ferbes & Ge
Pine St., Cor. William
NEW YORK
PHILADELPHIA OFFICE
Wldener Bldg.
Telephone Spruce 7040
IN
IK
y
ivOTIIKIMNMIIJ aWWIMP iCTMIWWlir Wi vg
City of Terente I
5'28, Due 1935-38 ;!
Price te yield abent 6
A cltv rf 500. enn peepiei b') p.
ml.es north of Huff.ile, . g
Second iltv !i trize arnl cemmrr- w;
clul Importance in the l'umtnlun j
of Caii.ulR . gf
Particular en rtquent
3
" rti
BBOREN&CO
l.tablli)ied 180.1
10 fliixtntit St.
If en. tiers ." rw VerA, rrif
i' Wadelp'i la S'cvfc ifxciaufj
rfecFMW'.rit'W'a iiini jjiiwrnnrmr
Krr?HrWW ( t582r$ ) Kl?ACnfnr
FOR INVESTORS J ,
WE OWN AND OFFER J
IxulTtlle & JeffeinnTllle I II
IliirfcoCe. 1st t 104,1 III)
Current ni?er It. It. II
Housten Ilelt S. Terminal It. It. HI !
it a ieiu 3 '
R'e' are an-n very high I I
Mlnss bv Jehn Meed:' vt Ncv 111
III WlOlHIB BttXJ. PMIUADILrmA ll
. MmimPUaMpiliuJ I
I Aul'ar.SacLnMtfw II '
aaaaini
OF
STILLUNCERTAIN
Ne Let-Up in Demand for Amer
ican Telephone and
Telegraph
Nrw e', Ner. 21. Whiic tedny'b
itoek market nppnrentlj- experienced
quite some iliflic'iilty In finding Itself,
an undertone of decided etrenglh wat
retained. Price movement tun uncer
tain, Init all clmnges with comparatively
few rjtceptleni were confined within
nnrrew limits. American Telephone nad
Telegraph fentured the constructive nlde
legistering a new high for the jcar In
riling nhme 110. Although some of the
mere important stocks showed hesitation
there were no real weak ppets.
I'lie ever-the-wcek-end development. 1
ueip generalli colerlcfi3, while the per per
cmpter.v order of the Infcrslnte Com
merce (.'emmisMnn for the reduced rates
hi farm products was virtually ignored.
.Mere interest vvnh manifested In the re
ported higher prices for refined copper
and the improvement in the copper
trade. All advies from the Arma
ment Conference were watched with in
terest The Ilnaneinl community 1
confident there will be n full ndoptien
of the American rnoperals, although
thin was net transplanted into murket
sentiment.
Ah llie daj progressed the market
gave symptoms of a mild attack of in
digestion, which was, te he reasonably
evpected in view of the very heavy
during the greater part of lnt week's
volume of reallzlig i-nlcs encountered
operations, and the prulit-taking was
"till apparent in man directions. The
absorption capacity continued geed,
however, jet the weight of these sales
caiiM'd mere or leis wavering.
It was noticeable in all events w'ml"
the coppers and seme of the recognized
peel issues were taken up. the reeent
active leader hesitated and halted
This wa.'t particularly true of the rail-,
which group appeared te be working
i-ider a bard liandicnp. In the speeialtj
group National Wseuif, California
THcking and Wilsen Company developed
firmness. On the ether hand American
.Nigar iues. Seuth l'orte Hice Sugar,;
Cern Products and Pavidsen Chemical '
acted tired and at intervals wrc
i noticeably heavy. Utah Copper. Seneca
I and Anaconda were the strongest spots
of the copper group. There vui no let
M'p in demand for American Telephone.
Uucb at the merningH top was nearly
-i jtelnts front the y ear's low.
TRADING WAS FLAT ,
iy LOCAL MARKE'l i
Suspension of Odd-Let Deal
ings in the yew Yerk
Stocks
IWkSiiTiK
H c icUh te buy
HtrwoeJ Electric ... 6s 1942
PhiU. Suburban G. h Elec. S' 1960
Nertbumberlind Ce. G. & E. S't 1946
Celumbit & Menteur Elec lit.5's 1943
Georgia Rj. & Power . . .5'i 1954
Offerings Wanted
Reed A. Morgan & Ce.
Writ End Trust Bdn PMlc.
Jlerabfrs of th I'M a b'e i:r'..
-J t
The Real Move in
Mexican Bends
tetma te have started
i we have reiterated tic n ,-ir,d
n C ag.illl ' lesf lvi U effe- ti
opportune of a I fetlme for tre tre
nendeus eiilwticement en inTiey
Cjtca.
ur elreulnr tnte tniin
(learl). Copy upon reiiiel.
Jereme B.Sullivan & Ce
hprrlulUtt In foreign lleniM
44 Bread Street, New Yerk
1 5 : ii i.' lir, . 1 1 7. J l. . l
The temporary dl 'continuance of the
odd let dealing, which laRt month con
tributed te vwell the operations en .the
lei ,il "took exchange was reflected in a
market contraction in the transactions
in tndny's market. Apart from Penn
f.vlvnnia Railroad, which was sold
rather freelv. Including one block of i
l.iiH) shares at .. the trading was liar
and colorless. Price variations were
confined within narrow fractional limits
and were altogether meaninglessi.
The suspension of the odd-let edallng
in the Nt vv Yerk stocks was unavoid
able bcoai.e of the overwhelming vol vel
i.me of Inihinesr. encountered by the
jeung members of the Ktehange' who
handled tlieve transactions. Their or er or
gani7iitien proved te be Inadequate te
handle th" volume which grew te pro
portions fnr exceeding their men an
ginne epectatien. Thev expect te pe -feet
a new systen bv which this htjsi-ne-"-
can be handled morn expediently
in the matter of deliveries and trans
fer' The are perfctlv selvenr and in
poltien te sttle for nil contracts.
The f"rience hn -hewn the grt at
possibilities te widen the operations
of the local ech mge. and it is strange
it could net hnvc been terceen u long
time age by some of the elder mem
bers. The majority, however, de, net
want te be betliered with the small
tianaetieii. vet In aggregate It is cer-
t . i iii te be profitable, inasmuch us en j
several dins the total transactions
re.iciied close te in,0") shares.
pirt fren Pennsjlvanlu Itailread
ie trading lacked individual feature
I (i, I. whs firmer and fractionally
higher The Philadelphia Electric hhares
shad"d slightly Onl.v nominal deallng
were made in El'-etric Storage Datfery.
Philadelphia Stocks
NEW YORK
TELEPHONE CO.
6r Bends
At Market Price
EDWARD L0WDER STOKES
20 Seuth 15th Street
PHILADELl'HIA
Locust 0345 Race 3330
limli Lew
e Am Meres 7Dl2 7IHn
M de 1st jif.10." 10."
Kslt.nncenda 4r, -tr.n,
in Hnii ,i ;.. :ii; .'('i
lixitt MA.StP Hi H?.
eiHii el (Sraph -l' 4i
in i:'ec Ster.lU't 11 1
In i .in Asnh. tU''k lU3
ltwi Cen Mtrs ll1; lH
L'2.- II & n T pf l.'i
1s I "e V A. -!
Urn Iri Nickel l'Jt,
J'lOI-Kati & ",lf Si j
I1 Kevst Tire 10V
oil Lake Mip tiT,
I l.eli V 1 i-
pref . I'i
l"MltI Sta fill 111"
IuiitM K , T 2i
MlOiV V Ship 1."
1mj. Nut Hnam
A .Stamp 40 .,
u5
2IH u
121
10'
fit,
1 is
V M.
70 A
ier. -f
mi
21
11.
fi4BM .
11'.',..
Sffj-r-
12V
Sl , -
10'h -
ll'w
Vet
10
l.'.Tfl
l.'i
10TS
in .
1.'7s -'s
2's-r J4
10X2
NEW YORK STOCK EXCHANGE TRANSACTIONS
Snleif
200
100
tee
:oe
r:en
'-'00
100
ion
tee
tee
inn
non
$00
10ft
300
IPO
300
100
1600
100
1000
300
tee
100
1100
300
100
300
3100
100
3000
104
DH00
soe
600
300
I.VSOft
1000
100
A0
1000
300
000
100
moo
1100
300
HOI)
100
100
tee
300
700
100
4300
300
100
100
100
noe
ten
noe
son
800
400
3.100
11700
1000
3000
900
100
1400
100
3300
1400
noe
300
700
3P0
tee
1110
100
tee
300
100
300
ion
1500
000
3100
1600
100
ioe
no
100
100
x.'en
100
tee
100
tee
r.en
uoe
tee
1100
400
uROO
3600
1100
.TOO
1C00
tee
41)0
100
;nn
300
me
400
ucoe
S00
300
tee
tee
coo
100
noe
100
3300
(00
;oe
1100
300
tee
1000
noe
30
100
3100
1:100
tee
100
100
400
,16011
300
300
100
100
tee
10U
300
1)00
1000
300
SJ00
Dl
ln I
3
4
IJKh
Advance Itumely pf. . .W
Air reduction 49
AJsx ltubber 1st,
. . Alukn. Oeld Mines . . H
Alaska Juneau O M.. H
4 Allied Chcm & Dye .. 4HJ
t Allls-riialnicra 3BS
; Alllfi-Chalmcni pf . . . 83
. Am Ajrrle Chem 33 JJ.
tn Agre Clieni pf. . . 63
3 Am Tlank Nete pf . . . . $
Am Heet Sugar 30
Am Can 31
' Am Can pf 88
13 Am Car & Fdy 13H
: Am Car & I'My pf....lU
.. Am Hlrte & Iatlier.. 11',S
. Am Hide & Leather pf 48
7 Am Ice 71 JJ
0 Am Tea pf , 70
Am Intenint Cerp.... 38
1 Am-U Trance Uns. .. 8
Am Llnuecd '.I3(i
7 Am Linseed pf 00
8 Am Locomotive 94Vi
Am ftadlater 8.
Ain h'.ifcty Ilazer. . ... 4V6
.. Am Ship & Cem i
. Am Smelt 4tji
7 Am Smelt pf S3',i
:i Am Steel Keundrlen. . . 33V4
7 Am Kteel Fdye pf . . . . 01 H
. Am Sugar Kef 36U
7 Am Sugar lief pf . ... 83
Am Sumatra 33!4
ii Am Tel ft Cable 631
0 Am Tel & Tel H0'4
1 3 Am 1 ob.te'0 133
A tn Tobacco pf new . 94 U
7 Am Wholesale 91 Jj
7 Am Woolen 79
.. Am 'Writing Taper pf S
.. Am Zinc Iad & Smlt 11 '
. . Am Zinc Lead & S pf 34!'j
. Anaconda Copper .... 43?
4 Asse Dry Goods. . 43
7 Asse Dry Goods Id pf 70J4
fl Atrh Tep & Santa Te. 87 U
3 te1i Tep 4SPpf... 831,
.. Atlanta Blr & Atlantic 1H
.. Atlantic Fruit 3
. . Atl Gulf & W I 3 S . 33
.. Atlantic Pet 23'
. Aute Sales Cerp. . .. 3U
7 IJaldwIn lxcometIv . e
7 Baldwin Loce pr . . . 10
. Haltlmerc & Ohie. . .. 35 'a
4 Baltimore & Ohie pf.. 51 i
.1 Bethlehem Steel 31
e Bethlehem Steel B.... eUx
Beeth Fisherlce ... . 1'
Hr'tlii rtapld Transit. 9'?
Brklyn UTrtfsefdep 0?
10 Burn,s Brea H2Ji
.. Iluttc Copper & Zlne. i"'1
. Butte & Superior Cep. !
3 Cal X.lne & Lead 7'
. Cadde Central O & It. t4J
0 California Packing . 'aJ8
California Petroleum . 43
7 California Petrel pf... SI'
10 Canadian Pacific .. .U'
.. CjM J 1 3',,
. . Cerre-de-Pasco 3
.. Central Leather .. 33,
' Centrnl Leather pf. . . 07
e-6 Chandler Meters .... 4S
Chesapeake & Ohie .. l'a
.. i hlcage & Alten . . . '
. Chi & K 111 Bq T ctfs !
.. Chi A 13 111 pf ctfs . 4's
.. Chi ft B T 1st as prt . 9,
. chl A. Gr West pf. . 17 H
.. Chi Mil & St P 34
.. Chl Mil & St P pf. .. 35!,
3 Chi & Northwestern.. 09
t Ch'cage Pneu Teel ... 33
. Chi U I & Pac 33H
s fl Oil n 1 & pac 6fc pf. 71
.. Chile Copper 13J
.. Chine Copper 35J.
. ciev cin Chl & St L. . 30?
. ciuett Peabody 43
4 Coca-Cela 3SJ2
4 Colerado & Se 1st pf . . 37
Coluni Gas & Elec ... 633
. . Celum Graphophene . 4,
Cel Graphophene pf . IS'i
4 Cemput Tab HecerdH. 41H
7 Consel'datcd Clg.tr pf 03' j
. Conselldate.1 Pis Ins .
T "onselldatcd Gas . . 93
consolidated Tcvtlles. UH
7 Continental Insunuice 84
, 33 r,
30 S,
, 13 4
. 8
. 19'
, jevi
. 100 5
nit;
. 19i-
Cern Preducta Itcf..,
3.3(1 CeMlen & Ce
1 Crucible Steel
. Cuban Am Sugar. . . ,
. ( uban Cane sugar. . . ,
Cuban Cane hugar pf
t Davisen Chemical . . . .
!) T'elaware & Hudsen.,
h Del Iaclt & Western
i rwme Mines
3 Kndlcott-Jehnson .. . 73'i
7 Kndlcott-Jehnson pf..l0ia
.. J3rln lir
.. Krie lbt pf IS
3 famous Players Is.... 07;
8 Famous Plajcrs L pf. St
4 Federal Mln & Smlt pf 31 .
10 V wlier- Bedy . ... 83
8 FlBhCr Bedy of O pf. 77
. . Fisk Pubbcr 10
.. Preepert Texas 13 'i
. Gasten Wms & Wig.. U
2 Gen Am Tank Car. .
.. General Ahalt ' j
0 General Cigar O0Js
H Gen'ra.1 nitjctrle 133 ?
1 General Meters H'j
. Goedrich 1 V 3" a
7 Goedrich B F pf hi
. Granby Conael M & M "
7 Great Northern pf .. 7J?
.. Gr. eue Cananea Cep. . 34'
.. Gunntaname Sugar .. 7
. Ginf .sitate S'wl "aa
4 llnskell i Barker Car 79,
llendee Mfg Ce -
Tlemestalte Mlnlnc ... '",
Ill.nelM Central 91J
Tndlahem.i Itef :'5
Inspiration Cen Cep.. 3S',
International Cement. 3S
Interb Cen Cerp -
Interb Cen Cerp pf... '
Int Ilarvehter new . . . . 77'
Housten Oil 77Ii
Int Agrlcul Cerp pf . . . "
lnt Mer Marine .. 134
Int Mer Marine pf. T'S
Inter Motertruck .. . 'j
lnt Motertruck 1st pf. 71'i
International Nickel . 13?4
38
40
18J4
it
48 ii
mi
83
Yl
83
48W
39Ji
31 U
8R
1ST ii
113 it M
AS
70
70
31 H
8a
33 14
00
93 1 ',
84;.
3H
41
83,
33
9l!a
35',.
SITi
31 Yz
33J,
IIS
131J,
041-i
et r,
7Si
33 ?i
10'.
34JA
44 H
39 Ji
70M
87 Vi
81
t'4
MX
iu
93
104
35 i t
31 i'i
33
34l2
ain
81
u
1117a
3'
ir !
0U
14
73
43 'r,
Hl'i
1134
3(,
33 1 i
31H
07
43 J,
31 la
'
4'a
4H
H
17?i
34
37J4
69
33
33
70
13
30IJ
80 a;
43
39 U
37
63 3
4
18?
tH
63J.5
91H
"la
04
SHJi
33
33U
131,
8'
1934
40 i
109 a4
111
I0x
7 3 i
104i
lja
17-
or. v3
S3
31 '
83 77i
10
13 1 i
"
4
63 ,
no;,
134
H'i
an
!6ii
73
34
7
39
781
13'i
33
971,
3',
37
3S
hi
77 i
77
40
139,
3;
3SH
71'2
11H
V80 Net
T. M. Che,
3S - 1
40 f
18 H
(5
"i-r
8KJ
3!4 4
83 3IJ2--03
4
40' 39H-
niii-
88 -137
l'j
115 IMS-r
30 -
71J44- aii
in
'',4
"4
1
14,
I-ltrh
. 7
. 38
. 73J'
11
Div.
Salen Id $
100 e Intemat Nickel rf . .
3900 , . International Paper
100 a Inter Paper pf stpd.
7300 ,. Invincible Oil Cem.
7100 .. Island Oil 3li
100 ..Jewel Tea 11JS
100 ., Jenes Bres Tea 34
300 . Kansas City Southern 34 W
300 4 Kansas City Se pf . . . , 33J4
1300 . . Kansan & Gulf 89
ion 4 Kclly-Hprlngficld Tire. 41
aeii . . KMsey Wheel
3609 . , Kcnneeett Copper .
800 . Keystone T & n. . .
300 a Kresge 8 3 ll,i
bee. . Lackawanna Steel ... 43
100 3 30 Lehigh Valley 48,
13 Liggett ft Myers B...130
8M
34?i
10 H
!
1
V
70
374-
83
33J4
60 -94
-83
414
5 4
41 4
83 H
33 'A ;
91H 31W
8314 1
ii9jif W
135 -
04 1
9174- 14
783a- W
3J9a-:-II
W r
43 i
7ei,; -i-87H
;-
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3 9a
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raw-i W
93!4- 14
104 - l!i
371,5-
31 14-
33
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1. I
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43 814 .
1I54-
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43?;
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17H- W
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33 4- 1,
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371,4- 14
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43
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50
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lOK i
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II J-
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7354
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53
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3C0
800
tee
300
800
400
100
300
tee
400
400
300
13400
sl00
90S
38000 1
600
300
309
6100
1400
300
1300
100
100
400
300
100
300
1300
300
100
300
100
300
300
3300
S00
4000
100
100
800
tee
300
300
8500
3300
100
100
3500
100
400
300
100
300
1000
700
300
33100
1300
500
3100
300
1400
700
3000
3800
000
1600 ;
1000
1500
100
3000
300
3100
100
300
10U
400
6100
100
300
4100
tee
3300
100
800
3400
100
300
070
300
300
7500
500
4600
0300
6300
900
5500
MOO
100
11300
100
100
4100
700
300
600
100
3100
tee
3400
3300
100
100O
1500
4100
500
5300
100
300
tee
3000
300
600
300
300
100
300
100
3G0O
1900
700
tee
30O
300
Leewo Ce 141
1 Left Cnndy 9i
. Manatl Sugar ....... 39 ji
1.73 Manhattan Shirt .111
.. Market St Ilwy pr pr. 3315
. . Market St Rwy 2d pf. 6K
.. Marland Oil 89
.. Mnrlln ItecJcwcll 74
.. Martin Parry 18J4
.. Maxwell Class n. ... UJa
Maxwell Moter ctfs.. 1
13 Mexican Petroleum ..11834
Mexican Petroleum Pf 84
i Miami Copper 3314
1.80 Mlddle States Cerp... 1814
.. MIdvale Steel 2414
. MInn& St Leuis 74
7 Minn St P & a St Me. 68
.. Me Kansas it Texan.. 2?1
.. Me Kan & Texan pf. . 4fi
.. Missouri Pacific 1914
Me Pac'fle pf . . . .
3 Mentana Pewtr
7 Mentana Power pf . . . .
. . Montgomery Werd . . .
. . National Acme
7 National Biscuit
National Cen & Cable,
a Nat Enam ft Stamp. . .
6 Nat'enal Lead
. . Nat n n of Mex Id pf
. . Nev Cen Copper
. N Y Air Brake.. ....
8 New Terkr Central ....
.. New Yerk N II & H..
. . North American ctfn. .
. . Ne American pf ctfn..
7 Northern Pacific
. . Nunally Ce
3 Ohie .Fuel Supply
. Okla Pred & Pef
3 Orpheum Circuit
3 Owcnn Bottling
. . Pacific Gaa & Elec...
. Pacific Oil
Pan-Amer Petrel ....
6 Pan-Amer B
. Parish & Bingham.. .
3 Pennsylvania R. U....
.. Penn Seaboard Steel..
. . I'ceplen Gas Chtcag-e. .
. Pere Marquette
5 Pere Mnrrj prier pf . . .
3 Philadelphia Ce
.. Phillips Pet
. . Plerce-Arrew Moter . .
. . ricrce Arrew Met pf .
Pierce Oil
" Plerce Oil pf
4314
84 U
0414
18
1354
133
I'i
4114
81 14
4K
13?i
38
0314
1314
44
40?1
70
13
4331
3H
18
25 ?i
01 Ia
4514
31H
40 31
14
331,
10
33
31?1
63
33,
. 33!4
. 1''2
. 33 li
, 1'4
. 73
. 89
. 25 '4
, 1514
. 6414
. 361
.111
. 31
, 36K
. 23
. 14K
. 73 ,
. 43
4Ji
483
3214
:i'i
5 ntts Ceal
. . Pitts A West Va.
. . Fend Creek Ceal. . .
. . Prtrsed Steel Car.
Producera Refiners .
S Pullman
. Punta Alegre Sugar. .
2 Pure OH
J. 41 Rand Mines
.. Ray Cen Copper
4 Reading
2 Reading 1st pf
C20 Royal Dutch N Y
. . Republic Iren & Steel.
. . St Leule San Fran . , . .
. . St Leuis & S W R R
. Saxen Moter 31,
Seaboard Air L.lne pf. 6
. Rcara-Reebuck ...... 68 J4
.. Seneca Cep Cerp. ... 25(4
Shattuck Arizona Cerp
.74 Shell Transport .... 33'4
.. Sinclair Oil X3?i
. Sless-Shefflcld 38
ti Southern Pacific . ... 70,'J
. . Se Perte Rice Sugar. . 35
.. Southern Ball 20?i
.. Southern Railway pf.. 4814
8 Standard Mill 10U4
4 Standard OH of Ca!.. 80H
0 Standard Oil of N J..170J4
7 Stand Oil of N J pf...U3
2 Stewart Warner Speed 3314
7 Studcbakcr 73
1 Submarine Beat Cerp.
. Superior Oil Cerp.... 9
Tenn Cep & Chcm ... 10J4
3 Texun Ce 43 J,
. . Tex & Pacific ;. . . 33J,
. Tex & Pac C & O pd. . 3014
6 Tobacco Products . . , 60J4
. . Tel St L . W ctfa pf. . 23
.. Transcen Oil 1074
Twin City R T pf. .. 74?4
10 fndcrwoed TypcwrltcrlSO
. I'nlen oil 311i
in fnlen Pacific 12414
4 Union Pacific pf 6M4
6 United Fruit 13334
8 United Drug 73',4
U United Uetall Stores . S3H
3 U S C I P & Fdypf . . . 47
. U S Feed Products... 13J4
4 U S Jnd Alcohol .... 101,
. . V S Realty & Imp.... 57 ij
. L S Rubber 40
. U S Smelt & Ref 34iJ
.1 U S Steel H1.
7 1 S Steel pf 11331
3 t tart Copper 69
.. Utah S-ec 10'i
.. Vanadium Cerp IOi
.. Vu-Car Chemical .... 3114
.. Vlvadeu lue 71
. . Wabash 7
.. Wab.it.1i pf A 21
. . Wababh pf U 1314
4 Wcstlnghouse IS & M. 47
. Wheeling & L 13 7J4
Wheeling & L 13 pf.. 15
Wlilte Moter 3KJ4
.. White Oil Cerp 1411
Willyn-Oveiland
Wilsen & Ce 31
Weel worth T AS' 134
Worthlngten Pump .. 44
3
4
35 Wright Aero S3,
E.i-!lvldenu.
Lew
67
8614
73U
10 H
3
11(4.
34
2194
837,
84
4031
68 J4'
34
10
172
41K
46K
150
14 ?4
94
29
30(4
33
94
2814
714
18J4
U14
1
HSU ,
84
23 W
137,
24W
714
601
2W
4H
18 H
43K
54K
94J4
18
1314
133
i!4
:ii
st 14
4V
1314
53
0314
1314
42?1
4014
78! i
12
4531
3h
18
28 W
61 '2
4434
SOU
4?1
14
34 Ji
10
55
213,
(13
32 Ji
33
1334
33 1 i
13H
67
58
33 1 4
151,
tll'n
36'i
1093,
30,
30C2
20 ?1
1414
7174
43
46
481
31 'a
214
6
6814
24U
G
3314
23J4
3S
79,(
35
2014
4814
10191
89 K
17951
113
3314
74
4
914
4314
23(4
39 '3
OOI4
33
10H
74 1
130
305,
134H
6814
131 Ti
72(4
53 !4
47
11"!
391,
55h
ISH
33
831 1
113i
67',
tot;
;iei.
3Ua
2H
3094
1314
4544
57a
15
3814
14
574
30
174
44
Mi
1:30 Nat
T. M. Chge.
67-2
57U r ".
7V4 .
103a- 14
3)4
1114 4- X
34 -
24K4
8374 2454
10
173 Jt -f 1
42
48K4- K
130 -10
1494
9K4- W
29 - 7a
31?1 191
na 14 4- l
6H-I
.BT.L 1
714 US
1814
ll4 1- U
l -r n
SS
OILSFEATURESCURB
British American in Geed De
mand Imperial of Canada
.at New High
14
!i
1.
114
841
2594 W
1874- 14
2414- '4
6691- 2)4
294 !4
494 J4
19 - . 14
4391- !i
8414 Ua
9414- w
16 -. !a
1214
123 1
1J4 '
413
8114
4H-: ra
1314 .- 1!4
83
63(4- 'a
13J4 r it
44 I'i
4091-r
7814-
13 -
4591-
3K-
18
2391-
61'4
4431
3031-
4891 -
14 -3314
10
53 -:
3191
67
33J4
33
1334- !a
33'4
13 Ja- 5'a
60 3, J- 391
39 74
2334 91
15!4-r 9a
61 r 2H
26 14- )i
110 - 1
30 - 114
3814 - Ji
23 4- 2
14W la
73 - W
43
46 - 91
4891- W
23 J- 14
2114- W
294 la
6
6614
24 7a 94
64 ..
3314- 114
2391- la
3S
79J4 ..
35
20U4- J 4
48(4 li
1011- 1
89K .
150 - IU
113 - 14
2314- 7,
741- 94
4 - 94
sar ..
074
35
10b-
74 34
130 - 5
31H4 1
12414 H
68J1 - li
173 - Ji
7314- 1
3394- S
45 - 14
114
New Yerk, Ner. 21. The market en
the Newilerk Curb was again Irregu
lar In its in'evementH nnd business be
came, mero of a professional character
than has been noted for some time pest.
Nearly nil the npeculetlve Interest wiw
attached te trading in the Canadian en
firnup, partly because of the continued
icavy buying1 of Imperial Oil of Canada,
In winch there wus steady accumula
tion, carrying that stock up ever 2
points, te UT'a, n new high record.
There also was n geed demand for Brit
ish American Oil.
Standard Oil of Indiana, which had
been the strongest feature of the oil
group for tome time, reacted 1 point,
te SO'i, and many of the ether petro
leum IsatieH, which had Improved since
the beginning of the month, were tinder
pressure. One of them wae Vitlee
Service common, which decllued from
220 te 10. Slmms Petroleum sus
tained ft fractional loei.
The feature of the industrial group
was Chicnge nnd Kast Illinois, com
mon, in which transactions were larger
than for (tome time, the stock making n
frnetlennl advance. Glen Alden Ceal,
Texas Gulf 'Sulphur and sevcrul ethers
vvcre in fair demand. United Profit-
Shoring reBe'n fraction.
finedvear Tire ngnin was under ac
cumulatien, although no attempt was
made te bid up the shares.
1NDU8TKIAX&
Rich
Acrne Ceal
Amer IeaUVr ,
California Crushed Trull
C hlculre MlDDln . . . .
Chicago K East III
Ch'caire ft Uaat 111 pref.
Columbia Emjrald
Durant Meters
CirreM Ceat
Oll.aen Hewell
CJlen Aldcir Ceal
lloeiiear T4re
I & n O pref
National Leather
North Amer Paper .
Packard Moter
Herfeotlen Tire
Phillip Merris
liadle Cem pref
Meuthern C L I
Teiax Quit Hulpll
Teb Pred ITiP
C S Uteam
United Profit Sharing
united lil candy
Wnyne Ceal .
West End Chenl
1A
104
au
.. 15',
::aft
.. 27
. . ins
.. 31
. . 44't
.. 124
.. 80
. . 3
: tu
. . d3
. 4,
e
:: aiji
.. 44
. . 2.'.
ITi
"..::: i'i,
1 li
ll
Le-w
tin
8I
1.80
r. m
ih
10i
0J4
34
in
27
ion
15U
44
12,i
60
.1
n
7'i
43
4Vi
O
31I
SSI
fiTAND.UlII MIA
Ijbea 10'.
Atlantle
Ohie Oil
Imperlnl Oil Can .
Stand Oil of Hid
intjepj:
All'ed Oil new .
Arkanaan Nat Gae
noeies Oil . ...
noeton Wjemlne .
Carlb Sjml
Central Amr Pet
Cltlea Service (old)
Cltlei Srvloe "U"
Creeln 8nd
Cuahlnc 1'ct ....
Denny Oil ...
IMmendu
r.lk Ilanln Pet . . .
Unalneern Petrel .
Federal Oil
nilllland OH
Clrannda
Imperial Oil
lnt Petrel
Kosten Hanscr
Lyem Pet
Merrltt Oil
Mex ran
Mexico Oil
Mountain Treducta
Neble
Omar Oil
ned Iteck Oil ...
siraim ret
hkelly Oil
sieutharn I' s ..
Tidal Oaace
Texon
Turkeney
I'll Texan oil . ..
Victeria Oil new .
y en
10T1
.set son
. . .. 97 4 03
. . . . 87 S0V4
A DENT OILS
ctf.i.
23 23
10', 10',
3.1 K2
84 83
f.'i 0H
IMi 14
120 210
24'1 21
401, IU
57 J4 -.
48!,
34 -
82"4 r
117JA-!-
5H :-
10'i .
30J4
311,
794 i
7 ,
21 a.
1314 .
45K
lh .
15
38!i '
14 -
a
30
134 -44
-1
s'4-
14
GEO. A. HUHN & SONS
BTO( HS M IKivns
Menibem of Hie I'lillnrirliihln, VfW
lerli nml (hltiice s(,Mu Kkcliauita
New Yerk ( uttini IVvrhance
Commission Orders Executed In
All the Prlnclpdl Markets
Liberty Bands Bought and Sold
IlellMue (eurt ind., ills Walnut St.
. V . ill llrendHr. Atliietlt C'lt,
Anibuuilcir lintel
I'ub. Service N. J. 7s 1922
General Gns & Kiev. b"b, 1929
Tlmpire Gas & Fuel Oh, 19215
Lehigh Power Sec. (is. 1927
Eastern Pa. Ity. 5b, 193G
BAUER, STARR & CO.
I.itnd Title lliilldlna. I'hladrrMil,
New lerl. (mice, a Keiler htrrel
JJirect I'rixatc TeieLinv- bit
L-.-v's
-7'. j
Hi't
"lle
l-"
.I'i
"li'3
IK
oil
r, 1 e
" 1
..?
-- M
-'7 '
It!-',
."iii
Li
l'
:i2'
:;u'i
i!7;
is
27 't
Itt't. .
fif.i.
1.,..
u
n:i -:;ii'
.
41.7,.
is
fu
01.
Upi'.es
C. S. PATTON & CO.
3D i CIIKJ.TM r NIS.
BANKERS
une4erH te
bA'I.KK 4 .srinK.NbON
Hand, and .ntnekn tieiislil unit old
Membem I'hlla. htnrk r.irhint.
jSTOCK SALESMAN. I'KO
MOTER FISCAL AGENT Olt
u STAU SALESMAN. CALL
34 iiuww mil,
II.!! tn T( It :i."il.
2iHitPee tia". " e." ."" 1.
.-. Pliila ''
cum pi
11 Phila P.lee
1.VJ de pref
iiir. piuh it t
". Phil Trii. .
PiiOTenn lie'
."irfiTen Mill
17 Un Trae
17s V C, I. .
10 1I11 prei .
10U Wash lias
."." Yerk U pf
-- e' a-K. mad by eompftrMen -,
ca e en N&w Ter .vtuc Eii-hans
rillUMIKM'llIA IIONDb
CViO I.ibertv 2d d'ci '42
fiOO Liberty 2d 44B '42.. ..
pHHl I.ibertv 2d -V tn ' 1'J
II. Ml Liberty .'id 4't '2K
:ihi Liberty "d 4Vi -2s
'iii) Liberty -1th -lUs '"s
r.fi.'ll Inhertv -1th 4'is '"s ...
lOCfl I.ibertv 1th 4'4k '.'(s., .
rifXXlLibcrty -lib 4Mh ViS
lCflfl Victory lais '2.1
jOOfl Vlcterv 1-lm '2.'! reg. . . .
.MM) 1ct.1rj 1V,n '2:t
r,.',fMl Vlcterv Ki.s '2..
2(0fl0O Vlcterv I.h '2:1
11.ri0 Vicmrv 4't.,K '2:i.. .
20(10 Amer (las &. I'lee .'R.li.trt
'JOOO Tle'dwln Ioco 1st ,'is . .
2(lOO Pe'l Telephone 7..
,1(100 Hell 1 elenhene 7s .
1000 Picll Telephone 7s..
1000 Lehigh VailefceiiK (1
.-.000 Plil'n UI'lrlclHt r,t
1000 Pitta Chl On i8t L 4s. .
S00O United,, JlaUwarkPs,,leta
74
!i.ri 00
!H!.:!2
rni.2
!U 74
0 I . sfi
01.02
ICi.OO
00.00
f'!. 72
1HI.7P
Oil (l
Il'i H2
00. Oh
77-U
mi',
10s
insi;
100 "
rin 4
110'
82iJ
74 ,
FOREIGN EXCHANGE
New erll, Nev 21 The feature of
the opening et the foreign exchange
murket thie morning watt the continua
tion of th' preKsiire nguinU Ne.-vvfgiun
and UaaNh evhunges. Neivvuy opened
nt 14.0." for cublen, 11 leas of It.") peiutH
(rem Suturdaj's final tigure, and
checks at 11.00. Copenhagen started
with a less of !." petntr Un the ether
baud, Dutch exchnnge held ut the new
high reached toward the end of the last
week and Swedish were stonily .
The premium en New- Wk funds m
Montreal win firmer, ut 1) 1.1-10 per
cent. Canadian funds in New lerk
were a shade -asler at S l'l-lO per ccut
diioeunt. ,
The Central Kurepe.in eyhanges were
ii regular today. Hun marks and (.reek
were mietabl higher and Polish marks
were a slight fraction better. I he quo
tations vvere: Rumanian, nominally.
77; Bulgarian, .li:.; Serbian, 1 .-0 ;
CVeeho-Slevnklnn. LOS'i: Juge-Sla-vian,
Sttl: f.ri-ek. 07 : AuHrlnn.
OH i, , Hungarian, ,10'j; Polish, .OJ. ,
Pir.ii marks, 2.00
'I'he feature el the mnrket ureuntl
mldd.iv vas a decline in Irancs te
7 1.'.' ' for cable- nnd 7.1 1 a f 1 eheckH,
11 drop of points from the opening,
lltlienvlie the market was mil nppre
ciablv changed lis follews: Stirling
cabli'- IOO'h, demand .'l.il'.l' : Ilelgl.in
.allies 0.07. .heekrt 0.00; lire . able:,
1.10. checks Lin1".: marks .Hf!'.
.rrnr.AV H I ISV t. uLitATIONs
Lire f.ull'lefa
4 lil'j .ir.,10
117 35 'J3
UPIAM.M") iJI'OTAIIOh.-i
Ktpilnf Crnrj 1. re (lulldera
...3 f9V, 7 .'0 4 U', .V. 30
1 Ce 7. SI 4 Id 35.3
NOON C,COTTIONti 4
Merllnnr Krane I 're Qulldtr,
3 H 1 li"- 4 in'i
T. T T . '
Commodity Markets
Deinind
Cables
I "leDAt ri
I.emard
l DI"
bterlli.tf Fran.',
a till m 7 t"."s
4 oes 7 sn
Dem
i ub'
4 flO't
4
1 16
tSU(U
BAR SILVER ,
was uactiancd in linda telar,
GRAIN MARKET
Chicago, Nev. 21. Wheat started
Tic te 1c higher for December and r,ijC
te lc up for May, with general pit
brokers buying and offerings light. Lib
eral experts wen; reported for October
and had a helpful influence. Kcceiptu
inspected Saturday were thirteen cars;
last year, sixteen cars, The cash mar
ket was firm.
October experts et wheat were re
ported at IS, 000, 000 bushels, ngaluH
.".5,000.000 for October last vear.
Weather reports bbew little precipita
tion -nice Haturdaj, excepting light
snow ever the Nerthwei-t. Tempi ru
tures viere much lower Ceuutrj offer
ings te arrive are light.
Cern started J,sC te e higher for
December, and lac te 3,-jc up for May.
Trade was moderate, with offerings
light and Mattered ioriiniibsien beuics
buying.
OatH started unchanged te 'ie higher,
I with ii light local trade.
COTTON MARKET
' New Yerli, Nev. 21 l enstruu.g th
i glnneru' fisurea Bh sllghtlv uuder ex
i pectntlnns and Influenced by firmness
in able, today s cotton mawi ejuneii
llrm and active ai u net ndvancn "f 27
te 45 pelntn. 'I'he early buyers were
Wall Street, Liverpool and room shertn,
while New Orleans and Japanese iuter
(.'ts t-eld. Th" piirchiislng of .Taiiuary
wns a feature and w-emtd te be quite
general Later trad" entluucd active
nnd the list was about HO points net
l.igher
Receipts At the pertw for the day arc
stiumti'd ll '000 bale.s. againnt 113, -17U
bulee ' gv, vJ0,7l!5 blw it
--
year ngu and e0,79.': bales two yeava
Provleu.-.
cie6 Ope
Dfi.e.r.oer ... . 17 lr. 17 -ji)
.lanuary j. )3 17.i:i)
V1' JD03 17 3
V?,r I" 7u 17 OH
July i.i m- j( ..
O;'el' 1S.43 13 73
1 00
J' !
J7.4;
17.H.I
17.3.1
17.111
1 115
NEW YORK COFFEE MARKET
, New Yerli, Nev. 21. The coffee fu-
tures market opened quiet this morning
with pi ices I! points higher te 2 points
lower. There was net much in the
official cable advices from Itrazil' te
stimulate, aggressive trading en either
I Mile. The December long interest rher ed
a disposition te support the n.irket he
low the 8'a cent level for that delivery
and bought n few lets at S.50 en the
I call.
There was a moderate renewal of
demand shortly before niidduv, which
I bent prices .'i te 5 pelntu above initial
iigurf.i. There vsab very little coffee
for sale. Roasters have nei nnri.-i.
na ted requirements nnd inerehiuitv, who
have returned from important interior
pelntn, say blocks being carried arc very
USUI..
Pre rlei, Open
r-eceinbei H .M1S1 A ,',.' s iaiy -...
1 March ISWH is s leir 17
i Ala:' 7. se t 7 90 7 Dj p ft-,
, July 7.81'S?S.tiii 7.bJch3
DIVIDENDS DECLARED
atlenal Tramlt Company, extra .,rs- nrt
euarterly BOe, both payable Dct inber IS
' te i te-'; of rerd Nnvf mbr r no
I J. I. un Ihrmhlne Mach'iie Cemrat j
quarterly i- per cent en prerened. rn,y.
nhle January 1 te ateck of n-terd Ueceia
bcr 13
Laclede Da, Company of St. ImiIs g,I( ,
annual 13 r.0 ea preferred payable r)fm
ber 10 te fcterk of record Deieniber J
BANK CLEARING8
Har.k clearinea today leinparcd w, j ...
rasDendlns day :ait two ;ear.
1031 1UV0 ldl&
111, He tl4fl.00ll.0OO inH.DOI. IIM 17'.. mi nn.
JlMtea Ji 88,000,000 41.697,803 48,80O',445
-r
', CO
. 11
$
. Il'i
1" .
. I'i
. 84
. Il'i
. C
. Ul
. its
. 13
.100
. 80
: &
; ii1'
. 73
. 73
. 33
. Ill
. 87
MINING
AUnka Brl Cel new
Ills Ledaa
Bosten Mentana
Certes Mlver
Crenien Oeld
K balvader
KurekR Creeaua
Oeld Zene
Hard Mien Mine
Ilannlll Dlvlde
Heda M'nlnK
Kelllnver
Hene Hound
Knox Divide
Independent Lead
Mclntjrti
Mether Led Clt
National llti
N"vnda Ophlr
NIdIbpIdc
Plttn Idaho
He Am I'4C
Tnnepah Divide
Wcet Und Cen
neNns
Allied Packer Ol . .. . ,
Aluminum 7s lli;.i
Amer Tel flu 10J1
Anarauda He . . ..
Anaconda 7u 100
Arrte Amer Oil 7Lje . ..
Armour 7e
Ueavt- Beard S,
Bth Pie) 7 1033
Beth Htf'l 7a 1035
Can I'.ic 6i
fill r.aat 111 fls
Cel Graph Sa . . .
Cene. Gut 7a 1023 v i.. .
Copper l.xpert ha 11121 ...
Copper IJxpert 8a lOi'S..
Oulf Oil 7a
Humble Oil 7s
Ivenn-cett 7c
I.lbby.MeNe'll 7a
I'hlla Ce (la
Phllln Pet 74 a
Sliau sheen 7e
Seutlmnnt Hell 7u . . .
Ktand Oil N V 7a
Swift H Ce 7i 1(.2,1 ....
Fwlft . Ce 7 i 11)31
Te I.dben 7a
I'll Ky Hiivana 7S e
Vacuum Oil 7j
Bremen 4Sa
nie liramle de Sul fi . .
nusntau fi4 a
SvMmj C'au
3C,
30
03
S3
11
33
1H
2.1
in
4H
10
fill
7';
en
ii
4
34
11
lW
St
11 U
3
I'i
ll'i
12
01
81
"1
as
14
70
I'll
1
se
n3Vj
30
80
82
f)
2R
17
3.1
1.1
4',
7 .
27
10S
164
44
12U
80
3
2
7'i
42
4S
2'4
31 4i
4'4
25
1
1A
UP,
:ei
6G'i
Hi if,
3J
.?
21
1)11
7'i
C7
I4!
4
11
10'i
H
84
ll'i
?U
ll'i
12
fir.
en
in;
e
3a
14
70
72
30
l'
J'l
no
82
10
31
18
2.1
13
t".
T
2i
Hew Dees ATrustee;
Differ Frem i
An Executer? , :
An Executer is one who is appointed in z
will te carry out its previsions.
A Trustee is one-who holds the legal title te
teal or personal property, for the ,bcncfit of
another.
It is the duty of the Executer te settle th
estate.
It is the duty of the Trustee ve held (thc
property en the trusts provided in the will.
The same corporation or person j often ap
pointed both Executer and Trustee. Thi
is mere convenient and less expensive.
The officers of the Company will be glad at any
time te answer ether questions en trust and estate
matters.
Fidelity
Trust Company
325 Chestnut St,
143 x Chestnut St. la
IU
.
(iwsp
STQX (l-?A Wnnrllanrl A,
WestPhiladelplm
Capital 5,200,000 xgr Surplua 16,000,000
Funds held in Trust mere than 250,000,000
When "Alcohol" Passed Their Dividend '
The death knell e many an income was sounded.
There is a way that outright holders of this non-dividend
paying stock may use it te restore their lest income.
May ive explain?
Alan A. Alexander & Ce,
STOCKS and BONDS
COLONIAL TRUST BLDG., PHILADELPHIA
Kt.: Jlate CHOj Ilelli JxxMiat 5310-1-2-3-11 Branch Office, llrWteten, ., J,
B P r.
I'i l3i 1i
SH 3'4 r.u
711 US AH
23 29 20
nvt e' ii' ,
IS 1'J i '
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be bO 30
be r,n m
101 lOD'i 101'
im', nn', no i,
fi.l'a PRi-j "AW
101' 1014, Kll'i
1I13H 103M, 10.1S
1024 ina, 102',
72 71V. -.1
100S 100'n inn s
mm ioe. mi
100', KlO'i inni,
t.n nxiu ,'
40 411 41
10 Hi Ifil till
,10-js, iej ion ,.
104', 104 104',
,102V, injvi i02i,
lOO'I 1IIO 1(111
inni, me inns,
lin'i Pevi nn ,
fll'i 04 04
len't loeti ioe
llllvj 101V, 10IU
ioe', ions inn",
iei t, ins4 im t,
int mi m
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lll.'IVi Hi2, InSi,
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4',, 4V, li
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ODVi UlP, tn,'B
WE TAKE PLEASURE IN ANNOUNCING THAT
WM, T. CROUSE
JOSEPH J. FOLEY
MAHLON H. MILLER
WM. E. ALLEN, JR.
GEORGE H. WATTLES
RUDOLPH W. HOUKES
HAVE BECOME ASSOCIATED WITH US IN OUR
BOND DEPARTMENT ,
Mackie, Creuse Ce.
Real Estate Trust Building
Philadelphia, Pa.
' lt 1
' pHfH 2JBb.
Spruce 8200
LIVESTOCK QUOTATIONS
rhlraae, Nev 21. CATTLIE ne- - -If
i,e head Htrene tn 2.1c liiih-r. N-n
ar.ies Mrentcarli- Toe beef ster f. )
weluht Us rKiunrtH, hulK. jr. 7.1 rf S i",
butel r ra. he atomic, target) 3 jrtiA -,i.
enniiers meMly 10e lilch-r. built 1.' .in ,
2 7.1 bjlls. 10c te 1,1c hlcti-r bui i
legiins S L1i a ,10- if.lvea, V.le lower, bull
i' th 17 u 7 7". atucliera and fee.lera, ii,
te .Tk l.'ulier1 bulk. $.10. '
IIOil- lUc.-lpte. 40 000 head l'alrh
active kip te Me lilaher thnn bitunlay a
aveniR mettly 10c lilaher. Ten, 57, bulk
in "fill 7 nine, slew about steady: bulk d -tlrnhle
I7'n)7 2.1: few 17 BO. "
.bHI7EI' Hecelidu, 10. COO rut Iambi.
2.V te 400 higher Tep, 10.40 bulk ,a n
H.".. lull. n.10fl,7: aheep ateady geed in
hel.e. IIO.HHI 10 pound fat eu J3 ?,-, ,?
I In avlei liireel' urutind J2..H1 ten M,r.
lines, early. S7.23: no freed feder lambs
l.ere.
I'lttshiircli. I'.i., Nev 21 -i'ATIH, lie
eelitu, 1,100 head Hlceri,, 7.7r.8, helfrd
rti&irtB0i cea. U 1.55. Calvea. rccilptS:
J7 Tep. 110
110(1.3 Iticliiti, 11.010 lual lnnnr
lliMvin,, Hli0ft7: heavj nrkra J7 40f
1) Uht verkers. 7.fl07.75i plea. 17 7.1
MICI-.P AND LAMTtH Heeelptfl. 4nOe
h-fj htead:. Ted ali.p, J4.7fl. tup Iambs.
1 itit lluffnle, V. Y Ne, 21 -i ATri.l
Tie, ipts 3w0() h-id SIe-a, atead' hbln.
plni: n-ers 177 S no . but, ben, jii t.i , j.
yearling. n 10, helfera. H7 cewh i ti
1 1 bulln, IS5fr., utei-ksra ami fcdHrH tin,,
, .I" freeh cewa and aprlnstern ou a .
Hi'ii.h tin u 131. Calvea Htp, ipi inn,,
head hu n and htea.U I3U 10 ri) '
H'Iij.m T elntk 10.100 hnad ' .rth
hea- Hleadv ethfrii. lniT J'c Iew.t. Hn.iv'
--"7 23 mixed 7.2.17 10 vorherr. 17 0
if 7 n lliht verkera I77.1W8, pra and
reuai. nn.l'jl. mb S4i5t,-e ir,v '"K1
fHi:ct' and Tamils ue,,.i,i mono
rad u.ir.lii and jearllreH ,ie( biehr
eihirn uteidi l.ainbw tii?ie,-,n. icar.liVa-i'
i 1.H17: vethera, $4 BniT4.7.i. twej. it ffi
1. mixed tliiep, I8.504. uoe
United Stated
Victory
434's
bKCCKITIKS DETAniMENT
Commercial Trusi
Company
L
Jltinbrr rcdrral Keiene Scilrm
City Hall Square, West
jjT"irnT n ina
GOVERNMENT BONDS
lild
lull',
01) Y,
en ;
I'ai irri coupon Ca I03H . ,
Panama rexlutered 2i. 1089 .
P.Miamt cnupeii 2, Hi38
I'anami reulntefed 2 1038.
vauaiua coupon s null
Panama regUt'red 3, lOBt
Philippine la le.'ll
1'lilllpplne 4a 103.1
Philippine 4n lOIW .,
17 S Gevt coupon 2a 1930
I! 8 devt reglatered 2a 1030.
Hi
n (luvt neunan 4a lwJ.I
I tl Cieyt reciatered 4a 102A u4
I u.. -,
HlOVi
iivX
7ll'J
??
77
Iii0t
nut-
Inli
4 'I
Ae
10l.
lOl'I
Which way will
the market move?
'"PHE Bteck market moves
- ever a series of major anil
miner cycles and profitable
trading depends largely en
knowing ut what point in each
cycle one should make com
mitments. Scientific
Investing &Trading
is a conciEely-written 96-page
book that cleatly explains hew
le take advantage of the major
and miner trends of the mar
ket. It points out the way te
profitably trade 1n ueeurities
and indicates the pitfalls that
every trader should carefully
avoid.
' 'i! lel.-jiMc.-i- or u rite ,r on en
' .-Hi ul buul.ltt I .J.. "
Wm. H. McKttnna &. Ce.
221 S. 15th St.
PHILADELPHIA, PA.
N'ewVerk Pattnen
Cnltaae Tiiubiugh
Vv alter J . DcIimifJt
Ce.
Invcs tmentb
New YerL
PLilaeielpliu
Beles 6-Westwood
Mviw Pliila fiinr-l' Exchanw
' a
INVESTMENT
SECURITIES
LandLTitle J51d Philadelphia
PHONE-LOCUST 41 "
EARSEaTBROS.&Cft
Investment
Securities
142 1 Chc.tnut St. PliiUdcIpU
4jt,P JJPiwnWa MtU.l3i.tl.mi
nil',
mil?
104 ;
J04r
f
WIEGNER,ROGKEV&CO
Certified Pitfrfic Accountants
Drwi Buiiamg, PHOadelphiii
rrnnUBiilA n. H. Ce. JCquIp. JJIjJ ifU
uurf ivui jWmJm w " gim pn'.
i irrmnin iiniiriiiiu . ? "-- --. -. -ii.i
Indiana berr. I'erii. Adl. 3'a ?,! tl
Waterloo, Uedar V. & N. f,.f IfJj
iveaama iracnan uum,"., , i,.
Indiana. Cel. & r.mx ;ici. j,- iii
. Jer.ex Oily. Jlobeken ''"'VJ.vi C01
SAMUEL K. PHILUP2&W
' Member, rmiadeipnis eiV"
601 OJIK''TN11
J
i. .
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