rr ' y - a.iVB T T r . t i 1f(W V'V . r r. :r r ' 1 : v ( .EYENING- PUBLIC ' LEDQERPHIL1At)ELPHIA, THURSDAY, JANUARY 5, 1922 , -- U. S. LIMITS CERTIFICATES ! fey ma is Bends frQm the Four Corners of the Earth including a diversified list of the securities of America s leading corporations and many issues exempt from Federal income taxes have been selected for our January Offerings. These securities vary in maturity from short te long periods, yield attractive returns, and are particularly suited te the requirements of the present time. TAis list, or specific recommendations if desired, -sent en request The National City Company National City Bank Building, New Yerk Philadelphia 1421 Chestnut St. Atlantic Citj' Chalfonte Bleck, 1225 Boardwalk . Offices in mere than 50 Cities in the United States and Canada New Issue $15,000,000 Province of Ontario Canada SVz Fifteen Year Geld Bends Dated January 3, 1922 Nen-callable Due January 3, 1937 Principal and eml-nnail tnterett, January 3rd and'Jaly 3rd, payable in teM coin f lawful money of Canada xt the Provincial Treasure's office at Terente, or at the Bank of Montreal In Montreal, or in United State sold coin of the present atandard of weight and fineness at the Agency of the Bank of Montreal in New YerV Clty, at the option of the holder. Coupon Bends of $1,000 denomination registerable m te principal only Legal Investment for Savings Banks in Connecticut, New Hampshire and Vermont THE Province of Ontario is the wealthiest and most populous Province in the Dominion of Canada, having ever one-third the population, about 40 of the agricultural production and ever one-half of the total manufacturing pro duction of the entire Dominion. In area the Province is equal te the combined territory of the New England States, the Middle Atlantic States and the Middle Western Statca. Abundant water-powers, far-reaching transportation facilities and plentiful raw materials have festered and insure a steady industrial and commercial expansion. The Provincial assets alone, including Sinking Funds, Crown lands, government buildings and water powers, total almost $700,000,000. The above bend3 are a direct and primary obligation of the consolidated revenues of the Province, and a Sinking Fund is provided by Statute for all of the Provincial Funded Debt. Price 99 and interest. Kissel, Kinnicutt & Ce. Halsey, Stuart & Ce., inc. Blair & Ce., Inc. White, Weld & Ce. William R. Compten Ce. Stacy & Braun Redmond & Ce. Hayden, Stene & Ce. The Equitable Trust Company of New Yerk Vk above iUUmcaU while net iuambUcH u btd upon Information aad advice which we bcliavc accurate and rthahla .Conservative Inveitmints Meckin& WillliwiM Investment Securities MACKIE, CflOUSE CO. Lawrence E. Brown & Ce. CERTIFIED PUBLIC ACCOUNTANTS Inva.tls.t. and .etlu.t coreorauqn ana prtn'nlp tcceuuta tid prup.r. (acera. iitiuriiv S5v i I ir iii Hi ID 111 Id III I ' I II III II ' in i HI II II i u. I Int i Its' 115 I M ' II - W I UIl II I If I I 1 I ' ! 1 I 1 ' II I I I U ' I I n 1 I 1 - I 1 Demand for New Treasury Savings Issue Is Large I (Joierner JS'errlH. of tlic local IVucruI ! Tlcbtrve Hunk, hnn nntieiinccrl, fellow- hiR rrcelpt of a IcU'BMtn from me Treasury Department, Hint holding of the new 102U ibHUe of Treasury tnvlnttti ccrtillealcs would be limited te $5000, maturity value ter any one perren, firm, corporation or association, but curb member of a family Is entitled te bold tlila amount. fr. NerrlH said the demand for these certificated bad been greater than ex tipctrd. In Hip lnsf two weeks of De cember the Federal Jleherfe banks throughout the reuntry weld -150 et the 5J." certificates, S2.r of fhe $100 denoml deneml denoml uiitien and ."1 of the .$1000 certificates. Large fnles arc nlFe reported by the post pest post efllccB In this Federal Kebcrf district. The nnsll. uartlma Trcaeury securi ties, comprising the twentyfivc-cent thriffJ stump 'and the .?S war savings (tump, have been replaced by the ten cent postal savings stamp; postal sav ings deposits from 51 upward, and the $1 Treasury savings stamp. S. Certificates and Treasury Notes ItMurtnir Datr. Kh . 1023 J.fHP una .Mur . lie.'. Mar, m'.S Arm. inzv .lime. IH'JS. June, IV J Rid 100 S-32 loe a-lil .100 U-3'.' .100 ..loe ,.100 17-3: Artefl. TlfM me n-ie a -r. 10O' me it m ioe 100 i-in len.l-31' ioef ioe'J 100 11-16 lOOli ,ue.. Hi"? 100 "i HfPt . 11)2 ...100 1-32 ' ept . 12 . .100 9-1rt Hnr . ti,i. . .ine 1.2:1 i June. 1024. ,.102 11-aa 102 15.35 tfnt . .024. 101 1.1-ltI 102 1-10 'E'ienitit from rder.l normal Incemi tax. Apreptiibls for payment et Incoine la Juu Jute uf maturity. :; n: :i.70 3.00 1.02 l.C. 1.1H 4.CO .20 3 7r, 4.rt7 4 H7 TrtUH. Ul. ctf, lJOPfll. nonten 4 m New Yerlc .... 44 4H I'hllalrlphla C4 4i Clfeluji'l "i n UlchmenJ , ft a Atlanta (i ft Chicago A r. Ft. Iul A r. Mlnn.'apeUn r' ft'i Kant.ie City .... ft ft Dallas 5'.i C'4 ban Francisce ... 0 5 Cem'l nicra. tapt-r acc.ut i Reserve Banks' Discount Rates Official riil-eunt rates at the twelve Per oral iieserve uatil.H ure as tonew . '-W 4S 4H 4'. 41, ft ft ft ft ft r. ft r. ft ft', h'4 ft ft ft' a ft 4 5 e Gary Railroad te Build New Line J MatOOiunnD. .Tti 0. TH5 t-nicarn. -.in-waukee anl linn ftallreatl wa autlieru-d today by in Imtretute romintrree Cominla Ceminla Cominla sleii te build a uev, line, approximately twfnty-rMie ih11"h In kpUi. from Aurera, te .TnlUI. til.. n( i, i.nat nf S2. 7(10.000. Ltlder an application nuw pendlrur befere the coin- I mission, tne uarj will us imrcnanen ey wic C'hlcace. Milwn'jk"n and tt. Paul llallrejd. and In Braining the authority rit.in- r construction teddy, the commiaa'en said the , tntc.ttnvr' would M Justified b'cause It euld make It posslble for the fit. 1'aul te move larce euintltles of coal erlrlnatlne en I Its Indiana lines 'nte tin Northwest without conducting th traltlc threusli consented . lallreads In tlie vicinity of Chicago I The AUtli Antnracite jiaiireaa aie tnrmt .m.Iuu t.u tli.i (tmmlmm' tin tn at. ' tfnd Its main n Iti the Ilerlnc Tllver ieal tlelds, a dlsUnc of one and thrco-e.uart-r, tulles beend the prcent limits at a te.t of J1U8.253. Liverpool Cotten Mrerpael. Jn 0i Th-re was a ceed d mand for epet cotton today, but bus'liees was moderate, Ith prices steady en the basis of un adunce of 14 pelnta for mlddllni at ll,20d. The ssles were 8000 bales. Th" recetpta were 10,000 bales, Including Rflne bales American. Spot prices were: Ameri can mlddllrv fair, 13U4d. reed m ildlins, 12.04d: fully inlddlltiit. ll.tlld. middling. II 2Ptl: low mlddllnir. leOPd; eoed ordinary, S.OId, and ordinary. 7.70d I Associated Dry Goods A discussion of this com cem pany' position is presented In current issue of our "Securitit8 and Commodities Review" Cerv w upon rsjuM Prti;a ter (e prtttofpel cities. ii A. A. Heusman & Ce. fNew TerV Steele t.xeti. Hvr Yerk Cotten Exi" Kew Orleans Cotten L Member.-S N ' Coffee ft Sucar l.t tVY 1UTK ITQilUC? LaA Chlcaae Beard of Trade Associate Me-nNrs of Liverpool Covton Ine 20 Bread Street, Hew Yerk To'epheno Bector Ge50 DIIA.NCH Ol'ntXS 2 IV. 33d firm. rw letl. Ubertr nulldlnr. rhUadelphlx Ueuduard Uulldlnc. Mashlnctux Amsterdam. Helland NORTH AMERICAN "Rights" Partioulare k eif Circular rr. , Walter J. Schmidt & Ce. 1323 Walnut St Philadelphia, Pa. I Te yield from 6 te 7.651" We offer a selected list of oca eca oca tienerf 5 Bends of icclt'eslab lishcd Public Utility Companies. Prices ranging from S3';00 te 86b of par value. tut linu J?ejur.j' Reed A, Morgan & Ce. ' IVeat Utid Trust AM.; , Fhtla 1 Members of the ThlU S-tetk Hil ' DAXCCBS Dealers in Investment SecuriUes 321 Che.triut St, PhlUdvIpbU Conservative Investments We Own and Offer Subject te Prier Sale or Advance in Price TAX EXEMPT BONDS Rate Du- Pricr 150,000 Commenwcaltli of Pennsylvania 4 1951 107U 150,000 Commenwcellh of Pennsylvania 5 1951 114Va 500,000 Allegheny County, Pennsylvania 42 1922-51 50,000 Federal Land Bank 5 1941 103J4 RAILROAD BONDS 200,000 Great Northern Ry. 1st & Rcf. 4U 100,000 Canadian Pac. Ry. Deb. Stock. . 4 75,000 Southern Pac, San Francisce Tcr. 4 150,000 Oregon-Washington R.R.& Nav. 4 182,000 New Yerk Central Equipment. .6 250,000 Great Northern Ry. Gen Mtg. . . 7 150,000 Leng Island R. R. Debenture. . . 5 PUBLIC UTILITY BONDS 250,000 Phila. EIcc. First Lien & Ref. . 6 150,000 New Yerk Edisen 1st Lien & Rcf. 6V2 37,000 St. Paul Gas Light Gen. & Ref. . G 150,000 Philadelphia Company 1st Rcf.. 6 INDUSTRIAL BONDS 1 00,000 American Sugar 1 5-Year 6 50,000 Winchester Repeating Arms. ... 7l 100,000 Goodyear Tire & Rubber 1st. 8 100,000 Packard Moter 10-Ycar 8 125,000 B. F. Goedrich 5-Year 7 1961 Perpetual 1950 1961 1931 1936 1937 1941 1941 1952 1944 1937 1941 1941 1931 1925 88 2 78 8 H ! 77a 101"'b 1071... 77 10012 1061 2 100 94' 9812 1001 2 H034 99 V 97 Yield 4.10cc 4.15 4.15 4.57 4.90 5.13 5.25 5.38 5.80 6.20 7.60 5.95 5.95 6.00 6.50 6.15 7.45 7.60 8.00 8.10 JANNEY & CO. Formerly MONTGOMERY & CO., Inc. 133 SOUTH FOURTH STREET PHILADELPHIA Telephones Philadelphia: Lembard 4320 New Yerlc: Bowling Green 6000 Are Bend Price. Cotet Iltthtrf Ix' te rrl Vi Frr I B n r J i fc t G -' ' " 1 lC3feii 1 i w..ir- -ia -i A Vr..ii.i ii "iTr.iJiiS 1 - rrrSTrce-il ; i huj' -rS"-l V - B "!B!5"sSCi' n if0311 '" -1 7 . -J? T" 1TC17 C"Sv w .. --1 . i --i- The Solution of Your Investment Problem- may be found in our current Bend Catalog It gives information regarding Government, Municipal, Public Utiliw and Industrial Bends, which wc consider attracme for the safe investment of fanuary funds. The wide range of offerings affords opportunity te select issues te suit individual requirement';. Yields from te 8 - Dawminatiett 100, 0500, 1000 Ub subject matter cover such topics at: " Arc Bend Priv.es Going Higher7" "Hew te Buy Bends bv Mail," "Hew Bend Interest May Be Prempdy Reinvcsie-1 " Call, phone or write for January Bend Catalog m'l9 which n e n ill gladly furnish without any obligation HALSEY, STUART & CO. INCORPORATLD Lund Title Bldft., Philadelphia, Pa. Tilcphenv. Locust 1820 CMCAUO NIWVORK PHILADt'LPt HA BOSTON DtTRerT MILWAUKLb ST. LOL tb M1NNBAPOUS mauun 1U1UII Will Yeu Invest C7C AAA AA With or Without Services I Irt lont-rilbllliej, )rtiipfreu c builnets nj.UIni: rv .tuple nrtlrlv at n feed vretlt'.' Tour meuey will b wtll ..cured te jour tn tn tire .atlifui'tlen. rull imrllciiliirs te principal, ivnlj. '.'is. t i nnr.u errici. "ViTrrri Sirfictl Srnn. & (He. labile Utility eJerurttlre terk Eitrjniict BuUhUirj. ytiUa. American Gaa 6s, 2016 Eric Lighting 1st 5s, 1967 Georgia Rwy. & Pr. 5a, 1954 Indiana Serv. Adj. 6s, 2020 Indiana Scrv. 1st 5e, 1950 Penn Cent. Lt. & Pr. 6e, 1963 Wilmington Gaa 1st 5a. 1949 P1.D.I Loen.t 0MU-t-:4 rtiv.t. Pben. te K.w Tork A Uo.tea Chicago Nipple Manufacturing Company Cla.ss "A" SlecK W c c prepjted a iriuiilu' ir.v i iki j u t ioKHien of il C -hares, en which '1 ' - fliviHrnils 1ijp non' .iccmrulatcd 'I'hc Cf'npaii '- ilr Mncf urganua urganua tier '" V10 havr mrrea-irl trein SJS. vj 7e i'i that vr ,r i, ,vl.l04.4SO 10 in I''i nlv '0.000 pi r year i- tdj'iirif tu p.iv tlic t. dti(l'n. ,.n the ( i-' " -Inn . which (Jivuiciiil i t iintulat ' I hr ieV i 1 -1 I ii (he New Veil- t urh I mIiiii-t ,! in, ( ire i'ai I Pell & White Members eu ") e- ' t I x chdn7? te lchangc Place New Yerk MORRIS J. ROOT Certified Public Accountant Lafayette Bqtldmfr, Philadelphia C. S. PATTON & CO. an . ciiHHTNirr ts. t5AINK.tRb IK r ' ij j u, . . v ."l Al 1 -1 ii . a t 1W I i t; t I e B feJl. 'Ii- " N -
Significant historical Pennsylvania newspapers