SWr? f'.' ' rl 'ur '"' e , I - Vi EVENING PUBLIC LED&ER-PHILADELPHIA, FRIDAY, PECEMBE1 1921 v ' 26 1 1 t , . K LV 1 Ml rii aaSk i rj.v. E'iMt' HiP EMS P- FJy i h T '.'I", t w- . NIDI RAN TO " vBJllOHXfciTV msSf Revenue Act of 1921 We have reprinted the complete Act with annotations and a comprehen sive index. epy en request ter ;ij :e National City Cempatr Hladelphla 1421 Chutnut St. Mlnlle City Chsllente Dleck 1225 Boardwalk B Estimating the Value of Securities Market prices cannot be taken as indicative of the safety of any bend, note or stock. Tax laws, legal requirements for the investment of trust and savings bank funds in various States, the size of the issues, the way they have been distributed, etc., all have a direct bearing en market quotations. We shall be glad te sub mit information regard ing the market and safety of any important Eccurity. Hemphill, Noyes G& Ce. Members New Yerk Stock Cxchan&e Franklin Bk. Bldg., Philadelphia New Yerk Bosten Scranton Buffalo Albany Syracuse Baltimore SELECTEOISSUES ndependent Steels Wero Made Prominent by the Merger Rumors New erl, Dec. 2. The littlepeiul- nt stcc! shares, nt linst tliee which w-re prominently mentioned In tlie n-rger rumors, were the lcaJiiiR nt- unctiens of today's stock market, I,ack- i wanna, Republic and Mfilval Bteel iie .'! te t" iKiints. followed by advnliccs f t te 3 points In Bethlehem, Crucible, iulf Sutes and Slew-Slieffleld. Other Tens spots crepprtl out In different rolieiw of the industrial dlvHen, but 'it movement of the Rencral list con- inicd mere or less ragged, nl though the no was en the whole much improved. The further increafc in the Federal ; wrvi System leservc ratio te 72.7 r con', the liijliea since. October. '17, fui-'ii-hcd iiddltien-Jl proof of the pi iigrcMiv easement of the money ieur- krt Thi. with the bulje in the hide P nden Jti-eN. gave the early market n strong backbone and influenced quite a jjend leal of covering. There was i-li-e a Jtender outside demand. All of which resulted in n pronounced expnn- smtl in ill" volume of denlins". Vet the trading noticeably lucked the snnp nt- tending the recent m the- ni.irkrt. Interest run mere te selected issues nncl specialties. (ieniTiil Klectric wnxene of the leading features. een rising !" points ut the expense apparently of a tnle short iiecnunt. The declaration of the regular qimrterly dividend en Sears Hiebuck preferred caused the shorts In the common steek -eine uneaMness, and their efforts te get out of the wet rnied that much hammered issue 2 point. Jn the interim. Standard Oil of New Jer sey continued its upward course, tacking en nnether advance of nearly 5 pelntH or ever 1." points from the low quotation of jesterday. .Mercantile Marine pre ferred and American Internatlinal also were strong. Seme of the copper like wise were inclined te leek up, featured by a point advance In Ptah. On the ether hand, the railroads, despite further favorable October state ments, were alfijish. Seme realizing n apparent in the recent nethi: leader.. LOCAL TRACTIONS MADE NEW HIGHS j Slet' k Horertl , Booklet VJ" bic pmJv for ii:ril-utien c in vestors ird market trader! a txn.nipme- bound -o-p.ige PURCHASE AND SALES t-oex.t eaecullv valuable for ietvr .1 vtrple and icurate reierd et all transactions. J' ii jvitul net only became it ve'i.cu it gUnse hew veur i eini tands. what veur profit! and 'esse are en each trace, but a.ic a a reference for income tas p..rpcsej Pn dend tables for fpuring the i vem-nt weld or securities are ., c:'dcd Ji u.' v- ill rr.d us a I's' et the - .l-s i-6 'inds vcu no held, i 'vi!l bt glad te enter them and :nd (lie . oeklet te you . or. you may make yourewncntnc&if veu clicesc i . ; " i'v , i i i v. fnr r. v.-; , 1mes W it nau l Ohtmntirm" S-S-RuskayS Ce. ESTABLISHED 1877 !30"5 WALMT ST PHILDELPIIIA.& pr-one L "" J"t 7 ?6 -'r cm Pitiehgm tVjrn,N BBtf-neT Ocert R. T. Supplied Freely by Blinking Interest After Cressing 19 ( Investment and Speculative Railroad Bends Netwithslandbitj the recent advance in Bends, we find there ere many securities felling from fifteen te iwenty deui's under high prices of former years. We shall be pleased te point them out upon request. RANK F. BEL!. & CO. Ettabtiihrd tfli H18-18 S. I'enn Sq. MiMllber., Phi la-' ' ii ' 1 Kt'lnnKi .'Ii h ii.jfj ' Trmlfl I'hen's .s;jrt' 'i(i Race 5t Pluladlphifl Hapld Transit becanip the sfllnr attraction cf the local mar ket. There was an nnlmated demand fr the stock immedltely following the e, lining ami which continued until It was discovered that some banking in t. rests re-ently active In the manage ment were feeding the market with the stock as fast ns It would take it. Vethliu In the way of uews wan te' lie found t' explain the midden revival cf interet in Philadelphia Rapid Tran .' n ii I the subsidiary stocks and the i.-M n.cnt wa generally accepted as h p'deciien of the tigurei iresented by the enipany nt the aluatlen hearing before the Public Service Commission. In all ecnts. new top price, for the jear were registered by all of the various isiuen. I'l 'Indclphia Hapld Transit reached ' ', : I'nleii Traction. 117: I'hilndel i.htii Trae'ieti. (10. and Electric & Peo Pee ples 4s, lfj2. Ah stated, the Rteek climbed BteHillly uniil the IP mnrk miih paused, then It w.is dis-ecred the market was being 'I freely bv prominent downtown i njiking Interests. Including the offering efi-ecral liirge blocks. This naturall checked the movement, and the selling eiders likewise were automatically v ithdinu. The incident was without effect en the gem.-al market although there were number rf strong .pets. The ru- i -,! uii'rger feuud reflection in an nl mice of uenrlj " points iu 'am lt la Steel te s0. I.T. J. I. was con- -ietit' tirn at .'!f1s. Hints were made i s,,nie iinenible dcvclepuicnt coming ut tedu or tomorrow relathe te the in nam s position with the Public Mi-nee Commission in tegard te u sct r.enient of the gas lease tpiestien. Philadelphia Stocks i ir. Nit IIlEli lAW V. it. rhf 100 A I Puckers i'tf . 3Vj "'i 'i 1 Ifl Am Stores 71 7 7S - ' I-", de pref Jt)(j loe iflti rj:i Am H--S pf W-s 173 171a JlMI tciis..n. 'iO'i !'!, P0i4 "s ii TA.T.lI'i'i tlti'i 11G4 'a , I HI sP,uce 8200 1 Particularly LIBERTY BONDS VICTORY NOTES TREASURY CERTIFICATES WE arc able te give .an immediate net pr.ee en any amount. BOUGHT-'sOLD-QUOTED SECURITIES DEPAIXTMENT c0r1mercial trust Company Mtoiter r4(Jrl IUxtT Sy.Ue Cily Hall Square Wcit I J i urn Siei I se .Mi fun Tr N.I nfi'.. :iP' . tsii KIpc Ster. 117''i 117 In I Ce N A. .ill' JH'i Lake Sup. iU2 Jijn l.eh Nav . H7'1, l.Vi J. eh Vnl. ;.!i' I Minehil! .. -17 luO-IMid ritatts Oil . 1." i nl).Mirl.l . . ''iTs JiMJ I'enn ("ent I.islu pt 10 :;s(; Pi u u.. ::i:'s in P S. nbSll lU-b :,- phila Ce ' . u:e pf . "ll 7v:i'iuiu i;iu -jsi-j ..'s ,,, ,,-, f '.'7)ij I P r, It T 'II Plill.1 Tl (HI inn 'Ii.ne Htl .-" Tetin Mm 7n I'd Trai hi 1 (1 I . P. de p-vf . J. War IA:S. I V .Jer ,. Seafiliore :;ei.. (p.. (17 n, e!) 17 I." 'S 10 no :iri .-r:?. 117'; 1, H)i ...-,- i,, t!7- , .!! 17 lt I." .. -S4 -ri;is i.'. U 10's :;g NEW YORK STOCK EXCHANGE TRANSACTIONS l.toe 100 4ne tee 400 100 aoe tee ?en tee tee 100 tee 500 100 1100 100 300 1700 tee 100 100 1400 890 100 200 aoe 300 1400 790 100 ece 330 100 400 100 34 400 400 100 390 3000 100 AOO 100 100 400 300 300 1400 300 109 300 309 0000 100 109 309 700 aoe 100 1000 3400 tee 300 100 loea tee loae 400 (100 200 1300 100 831 3011 ten 300 109 tee 100 800 1300 tee 100 300 3800 700 AOO noe 100 3900 ue 190 100 tee 300 300 1W0 tee 300 300 AOO "(I0 uoe 100 300 100 100 ion tee ice soe 400 20 300 1090 100 POO 109 400 100 290 100 3d 09 1000 1)011 1000 109 100 IflOO 230 SCO 3S00 100 400 noe AOO 290 109 130 100 1(00 tee 310 31(1 310) 1(100 700 00 I0O 101) 100 390 10') 100 ion 101 son l)lv. Ill t 7 13 7 5 0 12 13 7 7 4 fi A 8 10 6 7 n 10 s 2. BO 4 1.50 4 e ltigii Adamti Express RW AdVRtice Itumely pf . . . 37 AJnx nuliber 1814 All-Amerlenn Cables .103 Allleil Chtm ft Dy... 80 H Allied Chern ft t)ye pf MV Allli-Clmlmeri H7fi Allln-rimlmnrn pt .... 1 Am ARrle Chum 33 Am IJench Mngncte., 33J4 Am Beet Bunar 28 Am U Shoe Fdy new. . 4 Am B Shoe V pf new. n Am Can M Am Can pf MW Am Car ft Fdv 149 !2 Am Cotten Oil 31 ft Ani Exprcus 13014 Am Hlde ft Leather.. 13 Amlllda ft Leather pf SKi Am Iee 78H Am Ic pf It Am InUmut Cerp.... 'H Am-La France ling. . . Am Lln6ed pf (0 Am Loeomotlvs 14 Am Safety Razor Vi Am Ship ft Cera H Am Smelt 49 Am Bmelt pf 87 Am Snuff 106 Y Am Steel Peundrles... 33Vj Am Sugar Ref AAV4 Am Suerar Ref pf... . 80' Am Sumatra 32 '4 Am Sumatra Teb pf.. 73 V4 Am Tel ft Cable Am Tel ft Tel 1195 Am Tobacco 181 Vi Am Tobacco B 120 i Am Woolen H Anaconda Copper .... B''i Ann Arber pf 3A'J Aese Oil 101 Vi Atch Tep & Santa Fe. SOU Atch Tep ft S F pf... b'K Atlantic Fruit 3?j Atl Gulf & W I S S.. 10i AOantlc Pet 33 1 4 Baldwin Locemotlo . 09 Baltimore ft Ohie 3Jt'j Baltimore ft Ohie pf.. Banrsdale Class B.... 23 Bethlehem Steel 03'j Bethlehem Steel B. . . . 7'8 Bethlehem Steel 8" pflOl, Brklyn Rapid Transit. 7t Burm Bret? 117U Butte Copper ft Zinc. AVi Butte ft Superior Cep. U'e Cadde Central O ft R 13 i California Packlnr .. '!? California Petroleum . 4J'i California Petrel pf... 6i'i Cal Zinc & Lead AJ4 Canadian Pacific ....130 Carsen Hill Mining... 14's Central Leather 3091 Central Leather pf . . . SGa Cerro-de-Pa6ce 31 JJ Chandler Meters 40 7 Chesapeake & Ohie. . . 57 12 Chi & K 111 wl IR'i Chi & E 111 wl f 35 Chi ft B 111 T:q T ctfs. Chi & K T 1st as pd . 12'i, Chi ft K III pf ctfs . . 7 C & BTpf ct 1st .11 pd 13' Chicago & Ct West.. 7 lg Chi ft Or West pf 18 '-4 Chi Mil ft St P 33ij Chi & Northwestern.. 70i4 Chi R T ft Pae 31 Chi R I & Pac 67e pf. 77 Chi R I & Pac 1ee pf. 8S.-. Chile Copper 13s Chine Copper -'"2 Coca-Cela 3B Colerado Fuel ft Iren 25 1,4 Colerado & Southern. . 41 Colerado & Se 1st pf . 50 Celum Gas & P.lec CA'j Celum Graphopheno . 3?i Cel Grapliophene pf . 1"Jt Cemput Tab Records 43 Consel'datcd Cigar pf 04Je Consolidated Gas B.Ti Cern Products Ref... 8S Cosden & Ce 334 Crucible Steel 4?i Crucible Steel pf .... h! Cubun Am Suirar. . . . 11 Cuban Cane Suar 7 Cuban Cane Suitar pt. 15Ji Dav son Chemical .... 52!; Delaware & Hudsen., loe Del Lack & Western. . Hl',4 Detroit L'dlsen 120 Deere & Ce pf (' peme Mines '9 Emersen-Brantlng ... 3 rmerien-Brant.ns pt . 22 Undlcott-Jehneon .... "8J4 Erie "a ICrle 1st pf 17 JS Erie 2rt pf 13 Famous Players L. . . . GO Federal Min & Smlt pf 31 'j Fisher Bedy hO",; Fisher Bedy of O pf . . 77 Ftfk Rubber " Freeport Texas 15 's Gasten ffmi & Wis.. 14 Gen Am Tank Car. SI'j General Asphalt H'j General Cigar A General Electrle .. . . 137 ' a General Meters 10?4 Gen Meters deb 7''0 . 82 Gen Meters pf "H Goedrich B V 33'4 Goedr.ch B F pf 82 '2 Granby Consel M ft M 20 Great Northern pf.. 77$, Great North Ore ctfs rn Greene Cananea Cep . 27 Ilablrshaw HI Cable. . S Hasltell & Barker Car 80', Housten Oil 7ji, Gulf State Steel . . f Hupp Moter-Mr . . It Ind.ahema Ref l"8 Inspiration Cen Cep.. 3 ? Interti Ten Cerp pf . . 1 ' 2 InternaiiemU Cttaenl. 27 ' 2 Int Jlanr3ter new ... 'i't Int Mer Mirlne ITJj Int Mer 'iarlne pf.... 01 s Int Motertruck 1st pt. 73 '2 International N.ckel . 12 International Paper . . 52 Inter Paptr pf stpd. . . 73 Invincible oil Cerp... 12& Island Oil :i Jene Bres Tea 33 ICansas Cltv Southern 25 H Kansas & Gulf f-'s Keliy-Springfleld Tire. Ilf4 Ktnnecett Copper .... 25 IjOXT 40 87 10114 A0M 0014 A7H 85 4 3H4 334 3R A4 1 3U 93 H8W 21li 130 13 8714 7BK 19 se 1(4 4W H 48 8 106 U 8114 85 89 ft 83 H 73 Vi Si no n 131 128J4 80M 2514 09 00 H 87 H 30 H 31 H 04 374 6CK. 21?i A3 AO 104. '4 1174 5ft 17 13 a 71 H 43 ! 84J4 834 120 l'4 30 ?4 Ce 14 337a (!',. 57U IOI4 35 6J4 12 7 1314 7H 181. 3314 7014 33)4 77 81' 13ti 20 34 30 24 J4 43V4 59 5 324 194 43 04J, 1)3': S8 334 04 H 88 "i ?s 15f4 5114 100 11114 120 61 10 3 2! H "74 17J4 12 S3 J, 3154 70Jt 77 e's 1Ks i 5114 6314 67! 137t2 1034 S2 7IH 33 H 83(4 30 7c;4 33 20 '-4 801j 7S 48 II I'd 37 J4 1V2 27-; 78), 13 U OHi 73 13 53 73 13 34 3Ja 33H 251, 8!4 41 33 '-J3s -T'V 15'(, l!l.is- 12 J .I'll, .".)' 1 (Ill l': :i.v-i :;n ."ii U" I I ll.. I, :m. 4 , ::n',r ', rid' , . 1:30 r M. A0 37 1814 10114 fiOS 09 i f B5V4 3314- 38 84 S4 83(4 93 (- 1(4 31J4- 139(4 13 P 14 -5- "H- 71 ( 0 60 -f ew-m- 48 -r 87 10614 z-ty 55 H 864 33 Net Chre. 1 1 IS 94 (4 114 tt n 1(4 i (4 (4 "(4 (4 "(4-r 3(4 54-4 116 H .. 13H4 14 136 81 46VS 2514 -r 10114 -f 3(4 3034 2314 !- 054 37 Vt 86 ,i 23 A3J4-!-56 let y -i 117(4 8(4 - 17 34 13 34 U4x 44?.H- 81J4 ?H- 130 IH4- 30J, eon-; !4 rf, 5. 87(4- K!2 35 7 12 7 -i 13'4 ti ' 7011 !- 77 -1 88 !4 123? 1 35(4 41 -59 l5 !4 34 10J1- M 43 V U !? 234 V "2 Wi 88 -33!4 04 34 ss 1434 7-15?i- 52 a - 109 1"(4 . 120 61 - in 3 "ti ' 1' ? Ii 78 3a- 4 Ji- (4 17Jj- K, 13 - lj t'84 . 31 '4-: V4 7834- 5i, 77 10 S, !, . (4 54 ! "34 1- H G7I5- y2 1371j-i lij 10 34 82 -i- I 7134 33U -i 1(4 h3K2 '.j 36 - 2 77 K- 14 33 1 j J" a 3 80 34 i ! 78 48 -f 14 11 '4-; ' 38i2 -I 3i 412 37-4 78 '. 131,2 a 61H-1 Jg 73 !4 12 62 73 V2 1334 -. 374- ( 33 i 1,4 3514-1- J,, ts'A .. 41W (4 35 . .fta D'V Tl 1 Sales In Ms'i 100 .. Keystone T & Tl...... " 900 5 Krrsge S S 173(4 8300 ., Lackawanna Bteel ... 4P4 100 .. LaclPtle Onn of Ht li. . 47 14 3000 I lyre Rubber Tire 28 7000 3. 50 Lehigh Valley "&M 800 13 LlcKett & Myers 1AA 300 , . Lima Locomotive. .... 82 1000 .. Locwe Ce 14(4 400 12 1irlllnrd Tobacco ....163 100 4 Mackay Ce pf 63 300 .. Manatl Sugar 2714 POO 7 Manhattan Kiev guar. 37 Vt 800 .. Marlln Oil 37M 13000 11. Mexican Petroleum ..113 100 2 M'atnl Copper 25 I00 i.te Mlddle States Cerp... 1 32000 .. Mldvale Steel 2A 100 ., Minn & St Leut 6(4 1800 ,. Me kanaas tt Texas.. 2 600 . , Me Knn X Texas pf . . 3 9160 .. Me Kan & Texan irt. 0M 0O .. Me Knn ft Tex pf wl. 23H 300 .. Missouri Paclfle 18 1300 . . Mo-Paelflo pf 4794 100 7 Mentana Power pf.... 00J4 800 . . Montgomery Ward . . . iH 000 . . National Acme 13 100 7 National Blseult 133 100 7 National Biscuit pf..." 100 .. Nat Cleak & Suit 35 160 .. National Cen & Cable. 14 800 4 National Lead 81 U 800 .. Nev Cen Copper 13Je 100 e N O Tex & Mex 594 SOU b New Yerk Central.... 75 1? 300 . . New Yerk C & St B. . . 60t 100 . . New Yerk N II H. . 13 1000 4 N Y Shlpbulldlne 13!4 400 7 Norfolk & Western... 0 1800 .. North American ctf a.. V4 100 . . Ne American pf ctfs . ( 1 At00 7 Northern Pacific s3?4 100 5 Nea Scotia SAC 25 1000 .. Okla Pred & Ref 3-4 300 .. Ontario S'lver Mining ' 700 Orpheiiin Circuit H 300 8 Otis Elevator 120 300 .. Otis Sttel f(4 100 .. Tactile Gas & Elcc... 64!2 300 .. pacific Malt 8I2 8000 .. Paclllc Oil 700 n Pan-Amcr Petrel . .. S1H 100 n Pan-Amer B 4a4 100 . . Panhandle I3'a 1600 2 Pennsylvania H It 3'i 3000 .. Pcnn Seaboard Steel.. 10 100 .. Peeples Gas Chicago. 66(4 500 . . Pere Marquette 23 100 .. Pere Marquette pf el 300 a Pere Marq prier pf . . . 6H4 300 3 Philadelphia Ce 33J0 300 .. Phlllips-Jenea 71 100 .. Phillip.. Pet 32 300 . . Plerce-Arreu- Moter . . 13(4 100 .. Pierce Arrew Met pf. "2 6700 Pierce O I 13 "4 203 3 PlereV Oil pf 701. 30D C Pitts Ceal (!( 100 0 Pitts Ceal pf 01 4000 . Pitts & West Va... 26 s 200 C Pitts & West Va pf . . 75 ine .. Pend f re. k C0.1l . H1i 800 .. Pressed Steel Car... (8 100 7 preysed Steel Car pf.. 89 200 Producer Uetlners .. 21 ', 100 s Pullman I0'4 1700 . Punta Alegre Sugiu . . 301,4 10(10 2 Pure Oil 30 100 S Ttallwav Steel Spring 00(4 3.10 . Ray Cen Copper "54 2600 1 Reading 71 100 2 Reading 1st pf 13 000 .. Ttemlng'rn Type" 1 iter 27 1300 .. Replogle Steel 21(4 1830O . Republic lien .t Stes-I 51' i ICO 7 Repuh Ir.-Mi & Steel pt 01 350 Republic Meters .... 6(; 3m0 6 20 Royal Dutch NY 40 3fi0 .. St Leuis San Fran 23 100 . . fat Leuh? & 3 W 2214 100 .. Santa Ceclla Sugar.. I?i 200 .. Savage Arms 10 100 .. Seaboard Air Line... 3(i 10530 .. Seirs-Roebuck 60 301) 7 SearsReebuck pf 00 6200 .. Seneca Cep Cerp 21(4 100 . . shattuck Arizona Cerp 7 200 .74 Rhell Transport 38 4600 .. Sinclair Oil 22 1100 .. Sle-Sheff eld 41'4 100 7 SIehs-Sheffield pt .... 74 14 2.-.0') Southern Pacific MJ4 100 .. Se Perte Illi! Sugar.. M'i AOO .. Southern Rail 20(4 310 . Seuth' rn Railway pf. . 4;3 43J3 4 Standard Oil of C.il.. !2 7600 5 Standard Oil of N J .102 100 7 Stand Oil of N .1 pf... 113(4 1000 . . Stromberg Corb .... 33 200 2 Stewart Warner Speed 33 Tn 7000 7 Studebaker 77(4 200 .. Submarine Beat Cerp. 3j 200 .. superior OH Cerp.... 8 2100 .. Tcnn Cep & Chem ... 10 50DT 3 Texas Ce 46 2100 .... Texas Gulf & Sul Ce. 31i8 4M . Tex & Pnciflc 25 I..10 l Texas & Pae C & O.. 2i3i 2 n Tldewnter Oil . . . 146 '.'300 6 Tobacco Products .... 60 Klin .. Transcen Od 10 MO 8 Union Rag & Paper.. 72i2 51 .. Union oil 2C(i 500 10 Union Piclflc 12",4 000 4 Union Pacific pf 74i2 600 .. Union Tank Car pf...K)3's 100 8 United Drug 71 100 3.50 United Drug 1st pf . . . 44 Ja 32DK 0 United Piu.t 120 100 .. Unlt'-l 11 wv Invest... 6(101) 0 L'n'te.l IMil Stores.. 5314 200 . . U S C 1 P & Filv 18 100 I U S C 1 P & Fdvpf. .. 55(4 2100 .. i; S Feed Products... 11 2000 4 U S Ind Alcohei 37 3j 200 ..US Realty (. Imp.... 60 V, 7300 . . US Rubber 513i 100 8 U 8 Rubber 1st pf.... s7 ' i 100 .. US Smelt u Ht. .. 3Hj 11500 ft U S Steel hi 300 7 U S Steel pf 1133 1500 2 Utah Ceppr 003', ISO!) .. Vanadium Cerp 33(4 100 . . Va-Car Chemleal . . 30 100 0 Va Iren Ceal &. Coke. S"3- 103 .. Vlvadeu Ine 714 200 2.50 Wells FarKe U.rtsi. t6 100 .. Westirn Maryland . 9 100 .. Webt Maryland 2d pf. 16 200 . . Western Pae tic .... 10 AOO 7 Webtern Union Tel... Dt?j 2100 4 Wtatlneheuse U &. M. 8Ja 200 7 WcMlngheuse A Brake 04 3 200 .. Wtuvling & L IZ. . . iy, 800 .. Wheeling &. L L pf . 15(4 800 .. While Oil Cerp l",7 2400 .. W.llys-0 vet land sy. 4100 4 Wortlungten Pump .. uy,, 200 20 Wright Aero 0 Lew 3 I7314 43(4 47(4 27 34 60(4 165 HI H(4 151 V, 62 37(4 36(4 27 113(4 2534 ir. 25 6(4 1?4 3Ji 0(4 23 U 18J. 46J4 SOU 14 1334 133 114 25 in 81 1334 3D 34 7314 50 133s 13(4 no 13?4 41 83 25 3(4 1 14 11034 8e 6H4 8(4 451 A 1(4 16?4 12J4 3!4 10 60 Vi 33 li 61 ' 61(4 33 71 33 13 33 13(4 70 uDJa m 26 75 1494 672 80 25 108 H 204 38 '4 ' 9014 14'. 73(4 (3 75 23 51(4 .01 0(4 18 '2Jj 22(4 134 in '(4 50 30 24 7 38 in 7!(4 1.1 5(4 2()i, 4f'"i ."11 ice 112-4 30(4 233', :6ii 3 3 8 10 45(4 33ia 21 -M 2014 1(514 51,i 72(4 2(1 128 73 103 71 44'i, 123?4 8 621-5 "?! 5-(4 1 U l'2 37 6a',4 4034 051-i 3l(j S3 li:t8 A0M IU .It" ' te 11 15(4 111 Ul 47 0 34 734 15 12 (J 5(4 43!4 I) Net Chge. " (4 1(4 5 3 3 1 1(4 (4 54 (4 ?4 (4 (4 (4 (4 1 1(4 '2 1:30 V. M, 034 173(4 40(4 (4 38 60(4 168 83 14t4 153 03 tm 30(4- 37 W 113(4 28-M" 15 38(4 3(4 OJ-4 3 H- 8 8!4 23(4 184- 7 B934- 1- 13J4 133 11 35- 24 l?4 (4 81 -1334 . 5934- 76(4 50 13 . 33(4 90 441,4 41 834 -25 3(4 (Hi ts 120 V4T 64(4 8(4 46 Al 1- 4634-1 125a 34(4 10 66 12 22 H 61 61 (4 33J4 71 -33 13(4 33 13 36 70t : 50 J8 r 01 2634 f 75 14 34 (S su ' 23 1083i f 30(4 38 90 lj lH-i 73!4 -43 27 1 21 53 1 5 : 01 r 0 '-4 f 48(i- 22(4 ' 134 10' "- 314 60 -f 90 -f 2?4 7 38 -f-22H -iV2 -7H2 '1(4 35(4- 2014 h 40?n 1 1)1 - 187 - 112 '4' 32 ; 76 31-1 3J 33; n; N r (1 10 45J4-! ), 3(6-i '-( CURB OILS HIT YEAR'S TOP PRICE Angle-American Continues Streng Ceal Stocks Active. Little Change in Tobaccos New Yerk. Dec. 2. The lcndlnR oil stocks came into prominence ngnin to day in the tradlm? 011 the New lerlt Curb, some, of these, issues moving up te new high prices for the year. Anglo Angle American continued strong, malting 11 further ndvancc te 21 In the enrly trading. Imperial Oil Of Canada moved up ngnln te above 101) and Standard Oil of Indiana opened with a gain of ever none point, nt 80, but reacted later. The coal ftecka wcre the most active of the Industrials issues, Burns Broth Breth ers making n fractional advance, te fi2j, Ferrcll Ceal was firm, clllng at 10 and 10T,. The tnhnrce shares showed little change, with the exceptions of n. .1. Hcynelds 11. which reue "J, te 3in. Eureka Croesus was the most active of the mining group. 1NDU8TIUALB 1:30 lllch Lew r. M. Anmi Tel )H 1A 'A Anmn PnrUInC . 67 C "l Alllil 1'acklnR HHit Aiti'r Teb res Brll Wn-r Teb teup... . Hurnn Hros 1 fnllfernla Crunlied 1 rult Car l.tRht (hH'mrri ctfn C'h.cane Nlrrle rentlncntal Moter I) & It ll pret KhttII CeiiI Hnnr.i Teb pret II jili-n I'linm Int"r Prep I. b MiNciii I.lnruln Metera A' . . . t.oremoblli. Perfection Tire Phillip Merris Tladie Cem Radie Cem rref ft J Bejnulrts (niv) " Stanrtanl Moter Swe"t I'd IT s Ship Cerp l fl Stf nm l'nlteil Profit Sharinn United ltd Candy .. 8TAM)Anr OI I.N Ante-Amer Oil 21 Ohie Oil 281 Htand Oil of Ind Mi'. stand OlitSI 303 iM)r.pi;M)i:.NT oils Arnvr rnl ... . M'en Ull . . .. At. intli- Pet V UttvaH Nut Uhs lli. n nil 2 I ..ut .it ntvilllr luiiidli Amer i irlb ,srnl l itli e l(.e (nlil) . . i'IiI.k henlcu "I'l" etfe 1 'nole Synd LMm t. Tilt I V!k H.i'lil ret ! ' . ' ! 4 KriKlnvern Petrel . . . 2 I '! ral Oil I lVtlMldPll , 1 JIntei KOI (4 U 'i "h 18 I '1 (4 n I H Vi 3(4 1 n'- ?; te li 110 -f. 5!T f !. .II 1 4 Vif (i - ?( 103 71 ; ' "'h , K3''S.: s ran t)i mi,4 11 a r., ssi2 y fl - ; ' j - 31 1 J 4. SIP, -: i3(, 00 2 3'-?4 .111 SHi ! "ti III 4 I) 'M-V ID I 01 ihyt iy- 15 - 5J6- : 1-0 Mi 3 Imp. 1 In! ili tin I'-irel K 1 pieiii. Itanpei ... 1..eiih l'et M. 11.U illl M I'hkIU Me I'HM M-li 1 (HI Nn A mer Oil Mnur ull 1'r'nluie" i. lleilnera SinuiiK Pt Mflulr pref -k-llv Oil Miuitierii rip. Tld.l Cm 1 Me, 1 .11 I'. rln oil ne WeJdburu MININO l-ii,n llr relumbla 1 Vm.'i rn i Muiib . Hm I..'iIb . .. I Mm, inn A- Mentana . . I ippt r mu'i ''im ''. pi" r Mlr.e . . . . I ip, mm Held I I 1 i:t I" .s.ihadnr Kin'1-k.i iieHti8 in MlnlnK , Hii'iiilll Diild.' , ... Iteilinai-r I'linlie Ktt iluc . . Kn.ix 1 ill Mm . i. N11I11.1 1 11 ,.Ieth-r I.cle nt, Mil m Mn4 I N-itiuii.il Tin NVw 1, ! m ll.i 11I1I11 iii" r ... Jt-.i-li.-i-t-r M neg I S j Am P A i; I M'u ilumiiB .... ' I h ' .'ii 1 I "nil- u 1 usierii i Wen L'n.l i.'en Yuken yj) d I nOND Aliiminuin "r H'3.1 . .im r Tel - I'V.'j Atntr Tel Hi 1'i'JI I An.icmil 1 C'.p ila . 1 All.irel'1 Tl 10J0. . . . IMrnrdall ' H Hi Slul 73 lli'JM II. Ill fee 7 I'lS.I i an N.'.t lt n is Call Moel bH Cens I'.-ppr .h lllJt. . . IVini. Cepp.'l . IHL'1 . . . 1'eln Oepiivr llrj."... . I'ub.in Tel TSu llere & L"" 71..! il.iedr en T ri. 7'. . . . Interbore 7m Intel lljlll M I lliln-MiN.i'l 7i . . X V X II i II II I hlui Ce tin . . Plill.i i:iee Us S-nii Jte.'bui k 7j 1P-.1 .-h jiMheen Tt . ... M.u'ln' ii P 0s . S iiulment Hell 7i -t.irnl ill ' V 7- Itldl miid oil N V rt1 . m Oil 7; . M'en I' J l M I'lil HeilB'. " . fn D'l Prcd Ss . . il,'iti 713 s in l eni'r 74 h Arknilne bs Me Ur .in!,. bH . S m ." 'i it atl 3 i.T II 1 11 '4 IP II J I I tlW 11"4 " ' uzvi ezl ' 1 1 1 8i W. no fin en I I se no se I . an i!4 2. ti ti nn hit 80 SO ini las 10'; RB is iu iH ll 11 'l 'H la 17 S I7S 174 3H ll 11 0 3 1V l"j 1'4 3 r.3 r.s m I 3 i , an I'll an I 1 -i. 4 I I i'i i" a'i I .", .1 '," . It".. 3" r.7'i 371, 3 t l is 41, 4;, a 2' '.' s a I ! k "'!le s n I . u H H . i M fcw .. ' "' a M Bli ru. r. f. r.u ! M RUB 111 252s-"t'. II 11 HI 31s 3s 16 I " , i.,,i -jisn a Main 4044 no .is m Ht 1 7.-. 7:. ?: , U,B 4"4 lvi 4'. 11 III'. I"'. -. JD IT. :.-. HI SI .M 31 31 31 1 4'i 1 I J'J 'Jin's 21'i'a Jl L'l' -J4'4 2S S'i 2'. 73 111 llfc 7' j 74 7'.j ' 01 l'.3 03 1 l.V lA IA. , Ji'i e, pK IS IV W ion im, ie , u III', I 1 77 7il 'i' ' ' 10, 10j IP". 1 I 111L ir.i. miL . i m," ,.; .,; 1 Key 1 J. 11. 1 1. 1 Ss 50 ,-, 1 t I .'. :'. .-.'1, ll'H im u 1 tu u-j ts I iii, im ', " 5' :.. r, " US IIS US 1 k. 1 1 n 1 I t bl bu SO A BANK that offers construct ive banking service based upon its own experience and that of its customers in (various lines of industry and trade. Central National Bank of Philadelphia Chestnut Street at Fifth Capital $1,000,000 Surplus and Undivided Profits Earned $4,400,000 1 Wc own and offer $50,000 Lehigh Valley R. R. Gen. Cens. 4y2s, 2003 at Market Schibener, Boenning & Ce. Investment Bends II 512-14 Walnut Street M MS lert Opposite Independence Squnr. Ucmlcrs Philadelphia Stock Eichang Hew About the Little Invester?; i Who leeks after him? Who watches his interests? Who keeps him posted? Who rcpards him with equal importance u the big investor .' Alan A. Alexander & Ce. STOCKS and BONDS COLONIAL TRUST BLDG., PHILADELPHIA Kut-c OHOi Orll: I-ccust M 10-1-2-3-1 1 Ilramlt Utllce, UrlUcetun. .. J. Ask for pamphlet, "Selving the Invester's Problem." Ne charge. jn js ;s I SJ s.1 Ii. 1'. P. 1 .V 1 ,', I . Ji 2i'" 21 ' I) in ii) in y -: 'J? J ' 0 in in in ; tf-3! in in ri I R-i 7', 7'i 7', iLLti 111 . .'Hi ,T, .I', I I 13 l.i i:i t 3'i f;li Ji-j j ul r.e :." I M'a mi, lrt', ii; i-j 10 ii I" 1 ii' ,, s'i ss .. n 73 7". r.u 17 mi nl 'A "JL in si'V sTA I .V 1 W 1 A, I'i2' liTJ, 102', i inn', ioe me1, nun, lne'ii inn', H7I i7i ii7' . I0J' 101J, m.'l, I ii', ;ni im 1011 lnnu im.i lftl innv li'iiv in.i tn. i , ieu' iea loei; Hi , .' 101 101 Hit I in:. mi', m;, , 10'Ji, HU', ir...i 07.!, pry, 07', . ii.', ii i. ...I i i 711 7ii 7.1 T.' Hm ft.', HOW TO FIGURE INCOME Tj en STOCK MARKET TRANSACTI01 We will send you a copy of this copyrighted book en lequesWj Ee KOHN & C Members Consolidated Stock Exchange of New Yerk 1522 Walnut Street, Philadelphia New VerU. Trmten, Kukten. rlttxIiurKli. M llniliuten. I'nttnilllr, ll.izlrten ' 70 .I ion ion 07 ", 117 ', H.Vl O'.'l, 1!T, 101 't 11)01, KietJ y-, !- 11" 1H3', JUS I, OQI, 00', tin ml I0", msi, lOS'r, 10.1 7'i 17'' 101', im., llllll, lnii I'fll, lid"-. 07L, in.ii, OT, 101 ins', inv, 0O', top, Hli'1, l'0', ;! . OO'i III ' Ull' " ' 00' 1 !' Hi. A M j ''A I.ehijh Power Sec. . . 6'i 1927 PMU. Sub. G. & El. S'i I960 Ukem Steel 8'i 1940 GesriU Ry. & P.. 5'i 1954 McGLINN & CO. Members N. ,1'. Stock Exchange Vdener Dldg., Philadelphin Spruce T&l Jiaee Slet .'t clmr.' msiln tj rumpdrien with lull i mi .Nu Yerk Miik Kuctienge I'llILADEI-rillA IION'DS (100 I.ihrm 2il 4VS " 97 CM rieMt i.iii.'i't -Jd i'l 'k: r,.:, Kill I.ilii n 'il l1,-. ' ll" !7.0S VlUl.lb.-itj IM 4'4h '-11' !7. f-j JIM Mi Lil.crtj 1th 4i4h Ms H7.IMJ lnnu I.ihi-ity 4th 4ls '.'is 07.71 JiM) Liberty 1th 4- "! 07 7S .illU Libert 4th 4i- "IS .. 07.(i'J vmi Virtuiy 4;ih '1':! en.5)! iiHHiOO Vi.-tery 4niH '!'. lets 00. lis l'lOO Victory l",'. "2:; 00.04 HMXI Klectrlc &. People's 4s. . . C'Ji'j HMI0 i:ii'('trir ic People's Is. . . tlUVJ 111)0(1 Krvunne Tel l-t fix. .lets 7.'! 1(1011 Li-IiIrIi Nnv en- 4 !... 00 1000 L'-IiikIi ViiIIcj (U 101 7HIM) l'lnlii I'.leetrie Ut us. .. 111''. ".."iOO Philn Ueeti-lc (U . ..lets 101 17000 Phila i:iertrlc (Is. "null Plu'n Klcrtrie tt". loeo Phila r.lcetric (U. ...lets lOOTi . ... 100't 1005 New Listings en Lecal Exchange in re hitn Im'ii 1miiid t'i th" rnstular if th l'hilaUlphlH Stuck Kxrtiungi ii rim rtlfli ti f-r PennlvarH Stair ,', pi I "it I'UIldl. hrli'.'l Ij llUe rjiiri'mtifr 1 m.'l !' iiiinlvBnia ritat" IV, w ni. b II .iu" Aimukt 2 ll'Sl i-rmaneni m ur.ivfil bemlk (or T'pnnsylvanla Htnte Stj rli's ( due July. lU.'il. und xrlen 11. due VusutJt 1051, In lieu el Ir'erlm certificate) etricken from tli llt- . Interim certincateti 'or Philadelphia City RVi per centendi. due Octelwr, 103H1 Interim ccrtlflcaNj for rhiuaeicma uiiy dm vr uui boeum, auiue ni'?r. IUU-iim U. S. OFFERS EQUIPMENTS West Buying for First Time Since Government Began Sales Wii'OiinKtrit. Uei'- - "Sl,l, "f Sl--" 54'J,:0() of nuli'ead eiulpiii'rii tru-t " r r tihciitea held b.v the Kuvernmeiit -nniK-iinceil tniliiy l Din-etnr (teneuil of ltuilreads Imvih, bringlns the total of 1 1, cm ipcurities dlf-p(lM'l el" t ""' timernment te . I. TJ. 01 0.(500. I'er thi; flrt time s-liici- ibc Ciowrn Ciewrn menr bcRiin tin nl "f "''"' eert iti eiitc. Western linnnt-iiil interests have tiiken' blocks of tlH'M- SPCiiritli'ii, nceeid ine te a htutcment by I.UKene Mei r, Jr.. rannRKing director of the ar 1 1- iiuiin Corperntlon. tlireugti wincn in-sale- were urrnnsed. The sales tedaj .insisted of bleeks of Cleveland. Cincinnati, Chicago and St Lniilb Itollreail certillcates, totaling SI .VI7.100, sold te a indicate of llnon llnen cia'l interests of New Yerk. PlUsh-iran. ChlCHte. Cincinnati and Cleveland, ami certitientca of ihi Uelaware and Hurl- 1 son New Yerk i enirai, iiichke iiiiu Northwestern. Michigan Central, Chl uiirfi St Paul. Minneapolis and Omaha ' rallr.'.adH, totaling $H.:i.tt.80U, t,i a ! sjndlcnte of Chicago banks. BAR SILVER 1 Ear i Iver was '! lower In Londen today , at 37 'ad Commodity Markets GRAIN MARKET Chicago, Dec. 2. Wheat started un- NEW YORK COFFEE MARKET New ml(. l)re -j - Thi. n, ul reiTee futures market opened ' points lower te nn aihaiKe of 1 point-, the n-lnthe HiMilliiis- being slmuii in . fal. p0. 1 f 1(1 tl. V Ul.lfll) I .... 1.1 . .. . I 111 changed te Vic lower for Decemb, r and , Hiang.',' ,.., Loud .i. b. 1,'wvr hut a U'1 te ' lower for Ma. Then- was Santes .ibb- showed nn ,idam'e there scattered selling at the opening i, n. I sup. "f '-' " Ileil iei- munig an upturn pert wan lacking, but premlm-nt ,& 'XwtU1 t0 '?' mission lieubPS ueugat mi ine nreah , ine nmiKct bloke l The rash market wnH relative Ij tlrni. i Dclheries en December contracts here I UiIh morning were 1)0,000 busln-ls. Cern sturted unchanged te u higher. There was buying of Dee-ember by re i ceiving houses. I Oats opened unchanged te a shade higher, with a limited trade. Shipping I housea bought. Ne Change In Raw Sugar Tsew erk, I'ei. - The raw HUar mar ket In MnhanieiJ en Oin liaeni f -i lie. dut paid f'jr t'uba Vesterday a ( at.udlan re finer purunaauil 70(1 tens Veneiuelas nnw lead'nif at - 10c e I, f importation. In eluded 40 501) la Cubae te the arner Sugar neflntnsr Company, and 2J.00O bais te the American Buguf neflnlnif Cerrrpany. Thi refined iuear market remnlei ui-changed COTTON MARKET New Yerlt, Dec. 'J. Weak cables I again caused heavy selling at the open ing of the cotton market today, in which I m,nr houses, the Southwest and Seuth ern wire concerns participated. Ini tial prices were 2 te 27 points lower. Liverpool wim a buyer of late mouths and there waa some New Orleans and trade purchasing. Offerings continued heavy, and the list was off about JO points net en active positions. About seven notices were Issued early. Receipts nt the ports for the day are estimated at 35,000 bales, against Ifi.SOr- bales a week age; JH.J01I bales a car age. ami H7.710 bales two jeara 1 1 imiiiid nn iil ui uuuier uiii'i, ,.. tlt, () (.v. eiiange had dec lined nunilier ri.,",Jd, thi. in-w. h;iiug pionieKd trade and Wall Street selling. While bllMiii-... up te neon wns limited, the m.-iikw uus t.eu. sldeinblj uns-ttk-d eiei- I!ra.iliau mar- uit ueveieiui)eni. I lr r!.. r. SAMtfiln 8 71) Isfi ,'t!) 8 31151-.10 i -'i:'ii s yVii s 1 -) & -'u s iDeiaj Ii.f c-niber Murrii Muy . ... Juy LIVESTOCK QUOTATIONS ' .!'!,,Jb"r.el1' Vn- r,'" - --HllO.S Here-iitH I hiiiu ii-iiu. '"y HedVlei, STiST , I Ii. m j yurl-r IT in u 7 73 iib1,. rk"' un.l pIbb T7.1(7tii "'" urkeis .-illl.lj,- il.iu 111111.1 - l(.,i,,.. limn 1 thuMi. ir. ..... 1 1... ' - vw, i(t IIIIIIUI, FOREIGN EXCHANGE New Yerlt. Dee. 2. Tin feicien e- change narket today opened In slim contrast te the buoyancy that was el dent at the clev; esterdny. Inif.a figures this morning en local business 1 showed -filing down 1-jp, ftnnc-s off i'j peiute, llre 11 points lower mid i narks down S points. Other exchanges I showed proportionate declines. Gtiilder ! were an exception, opening ut an ad- 1 vance if 10 points. I Centni! L'tit'eK.'in exchnnget cre Humanian. .77; Bulgarian, 70; Ser bian, l.VJ, Ceeho-Slevakian, IU .Ttigij-Slmiiin, ,:7i ; Creek. .1.(15 : '1UIJ ".Viv"' ,,l-l,U; ,I"llhh- ': Austii.in, 1 .03'V, ; Hungarian. .10. 1 At the end of the lirst hour the nmr- j ket turned upward again, steiliu- -iewiiig an Improvement of -i,. fnunl the opening figure-', francs gained IV, 1 pelntF and lire fii... Mniks were an! excpptien, holding ut a recession of half a p.unt from the initial rate. Qui,, unions weie: Sterling cables .j.fHli, d'-ninnd 1.0.1 ; franc cable 7.32C cheeks 7.31 -i; ltelgiail ealih-s 7,11V ilieeks ,.07; lire ,-ablCS 4.:j,'!'.., ehnk ' L.l.t; peseta cables 14.08, ehi-chs H.O11 marks, .48. YES-ratDAYS I'l.NAIv QUOTATIONS Sterllmr Kranre I.lrn cjull-l. r ivmand .... A n)i, 7 'is', 4 -J7', .V, ." 1 Cables . ... 1.05 7.-'! 1 us hs ;,u TODAY'S UI'U.MMJ QUOTA1 IONS elerllng trance Lire Uulldrm !'' IB ;10u M.-i si. 1 7 a-fr I 31 85 s,1 Special Service in Ohie Securities Members New Yerk Bosten Cleveland Detroit Chicago Stock Exchanges N. Y. Cotten Exchange Chicago Beard of Trade Extensive Private Wire System OTIS & CO. Cleveland New Yerk, Bosten, Detroit, Cincinnati, Columbus, Teledo, Akren, YounKstewn, Dayton, Dmvcr, Colerado Springs Tax-Free n vs. Taxable Bends Fundamental changes affecting security holders under the new revenue act are ex plained in our Boek:'; let Ne. 7348, sent en; request. Bonbright & Company 437 Chestnut Street Philadelphia New Yerk Bosten Chlcl Dttrit rn mand Cable) 4 nn mly. 'lu. nge. I)cmber . January 1 March May iuly ., cteber . .... Prev close Openlns 17 -J4 17.14 17 12 lA.VJ lfi.47 15 72 1(1115 17.01 17.02 Ifl.flO 1IMM 17.3.1 17. -27 17.21 he 1 I Mil tin r.s 1 Al.vns lteceljit. Tep. ?13. 100 hcaa. Iy)ur Kttt llulTiile, rc !j -TATrMJ-ItecelptH MjJl,a2--.l?i.e'"l l"h"'- "ii'iii. lsne -liecilrtu II. 400 he.-irl. Tn.u. ,nu 1 r lUbii . i.. 1 1711-25. ..-k-r ty -.'in 7 re.i?,: ,'";::'., i''K".'. .'.(."'"'' ""- iuuh i.i.7.-nnn IIOOS liecilrtu II.- i-ents tu fine bri'l trtir S441 4 Mi hllEhl' AMI I.AM11S - It,., ..!,, ?hanBeJ. "" '"W'r '" '-,t5' "'"" n BANK CLEARINGS I7:5le?pVnkJ.adra?'la80tdfwybye2,rell cer,' -!?! P1..1. .c-.'H ....!S?e inie i riiii. lu.ai 1 K Tfl toa.eoo.ooo t&'j 7ns 250 7. nll BR I French Cities Nen-Callable Bends Due Nev., 1931 Te Yield 7.G5 6 Citu of Lyens City of Marseilles City of Berdeaux Reed A. Morgan & Ce. West End Trust Uldg., Phila. Membera of tba Phila, Stock Exch. New income Tax We have prepared an analysis of the New Income Tax Li.w. This analysis contains tables and charts and shows graphically the opera tion of the law. Copies sent investors upon request. Ask for Income Tax Booklet F-33 Harris, Ferbes & Ge Pine St., Cor. William NEW YORK PHILADELPHIA OFFICE Wldener Bldg. Telephone Spruce 7040 What is the dividend record? THE chance of centirminfl of a dividend en any vx may be mere accurately i termlned if one Is familUrwitl Ihe dividend record ever) period of years. Pest I'1! fermance Is a reliable gui in most cases. The Invester's Pocket Manual Ij Is a handy 272-pege book M Elves dividend records i hinh enrt Iniv nflres OVtl period of years for prnctie'l every American railroad, it! dustrial and mining cei-p-' , .!.... T .JJl.lnn It r n nun. Ill UUUI1IUII, .. c. . nlir vaLmKli. stxtlstiCS 1" the trading public. '( Call, ttlrphuut or urta ter yrt Irce iuij 0 bevKii' ! i i WM.H.McKnNNA&.Ca; 221 S. 15th St. PHILADELPHIA, PA. New Yerk PterieJ Chlcvxe ritubuilA Stockwell, Wilsen & Linvill Certified Public Accountants Land Title Bldg., Philadelphia lmIH IWHinnnnilMiWllllHIWHI 'il Bii:wai.ine;R i B-BajiBBiuaitii Lee, Higginson & Ce ioue inice uiagr., Philade-'-! HEI3DERS0N & LOEl Membera New Yerk fl Philadelphia Stock Exchwfe 1410 Chestnut St. 1 WIEGNER,KOCKF.Vl Certified Public Acc'OT V, 'ft'V ..-Vjiak. e W?""! ,Pj:,tM-"; vI-ihw BH
Significant historical Pennsylvania newspapers