Evening public ledger. (Philadelphia [Pa.]) 1914-1942, January 31, 1922, Final, Page 20, Image 20

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lOVlMNG I'UBLIO LED&BRHILADi3Li?HIV, TUESDAY JAtfUAilY ftl, -192
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L Straus Safety
FOR 40 years, the stand
ard securities safeguard
cd. under the Straus
Plan have maintained
an unbroken record
of safety, without a
single instance of less.
Write today for our
current offerings of
Straus first mortgage
bends, in $1,000, $500
and $100 amounts
safe and worry -proof
investments. Ask for
BOOKLET 759-L
SW. STRAUS &. CO.
MARKETAMERE
IFIING AFFAIR
NEW YORK STOCK EXCHANGE TRANSACTIONS
Price Changes Were Again Un
even Within Very Narrow
Bounds
IMOItreKATKU
i-r.eLiMM 1SJ1
Stock Exchange BIcIr., 1'hila.
Ttltpher.c SrnL'Ci s6lS
40 year without less
te any investor
dp;rl(bi
19U, br t. v. Slum Ic Ce
CUBAN
Treasury 6s, 1929
Treasury Ss, 1931
BRAZILIAN GOV'T
Sterling Issues
4s, 1889-1910
4'2s, 1883-1888
5s, 1895-1903-1908-1913
Railway Resc. 4s. 1900
CHILE .
5s, 1911
GRAND TRUNK
PACIFIC
3s & 4s of 1962
4s. 1955
Branch Line 4s, 1939
Canada Atlantic 4s, 1955
Cassel, Nuhes & 0.
Jemeervi y V. Stetk Ezehangt
60 Broadway New Yerk
Telephone Bowling 'Green 3111
New Ynrli, .Tnn. .",1. Teilnj 's stock
nini-KPt l-Olltilltlpil In ilrlfl l, ul, mil (In.
S"lll,tn nlmlnuij ...l.l... .... ..1..... .....1 . .... I
tet-iln ntnl in most of tlie immodiiite
impeding Kptiinns. I'riee cIiiiiirp were
uneven within very narrow bound, re
Heetinc n strict iidherence te flic wnit
llllt Pellivv which sppmi fn hnve lint'ii
HiHIIIilfMi tint iitilr hv Iho mure Im. I
pertnnt eirrntni"i but nlie bv most of
the Inlluentlal noeN nnd sVeeulntlve
'Ointllnnf Irmu
A nriety of renmns could be offered
for the change of nttilude nhile the'
tiiere direct Influence in tlie lieitntien i
"f teilnj' mnrket whs te lie found in
the I'nited Ktntfw Steel C'orpenitlon
'lunrtcrly earnings statement te be,
Niiied after ihe i-len teiluv : uiiilisi- ;
guied uijeasineM ever til" rapid Jirng- !
veKH of the Soldier ltenuc Kill, and the ,
recognition that u technical iositien
existed that wn net regarded as par- I
lii ulnrly strong.
If Pfofe.s.slenal Wall Street had been
II) tile humor n,,lf, ,iinrili.Ill? construe. ,
Jim1 elements (-euld have been derived
in the news regarding the Cuban sugar1
, situation and the industry in this cenn- '
r, together u.tli the advices from I
Mexico relathe te the oil tax contre-
j versj In thnt country Kiillis.li Inllil-'
ences also could hae been teund in the!
continued strength of sterling, which ,
nimed up another peg into new high1
ground, net te speak of the freer offer-1
iiiff- of cull money which suggested a
return Hew of interior funds of consid
erable volume. I
These brighter spot of the Mtuntlnti
commanded little mere than academic
attention, and nueh indifference is mere
i linn likelv te be encountered until the
iidjustmeiits friHii the recently high nr
tltii nil meemeuts hae been made
There was no common Impu'se operat
ing; te the contrary, a number of thel
meement.s imiivlijiitilly anil collectively
were consplcueu.sly eiillletlng.
The epenitii; was uncoinmelilv tl.it
,-inltV uilj popular issue te show mere
than a fraction variation was American
Sl.O-tlt l',,fiVil Sf. ,,,., S!,....! .... . t.t..ll
,. 1 .., L'KllT' I'lrt'J, , V, I, I' II I
'iii.iil"rl dividend netlen is te lie taken !
during the nay. open"d at a nominal
iresie'i Stuilebaker and ('onwli ('enwli
daled (ins. also in line for dn.denl
i 'clnratiens, made sllgl.t ;:iir-, with
I tali Copper. Cern I'rnilin ts and In
ilustrinl Alcohol. Declines of 1 te
almost - points in I!n-h Magneto, l!.-rf
Sugar and National Itlwtnt pieferrn!
gae th1 list an irregulai tone later.
'1 he market rc.-evcred for n brief period
en bulnj of Cern I'roduet.s, Sumatra
Tebansi, M can 1'etreleum. Mercan
tile Marine pi-'ferrel mid WlNen pre
ferrwl. these rising 1 te li -veint . lie .
:. i liens .et In before neon, heweier,
Atlantic liulf. American Car. 1 n l 1 1
! Service, of Nev .ler-e.x. Gulf States
Mcx'1, American Wiwlui. AsssK-inred
Previncp of
Saskatchewan
5re liendh
Due May 1. 193!)
Principal ami Interest
payable in New Yerk
I
(Saskatchewan is hest known
'is a jjrrain prewinp; province,
having the prcatest produc
tion of xvheat and eats of any
province in Cannda.
Price 94 and Interest
Yielding about 5.55
Full Particulars, P-131, en
request
Weed, Gundy & Ce.
lncerMr.UPl
14 Wall Street, New Yerk
Terente Montreal
Lollileli. I.ne. tMnnlirs
till, t'huniller l!lisfrie Stnrne tt.ir
tcry and 1'nlen I'.ielil.- decliiilng 1 t.
lialdwln. Studebaker. wugars
i's nl-i wen- under pressure.
lxunfs.
anH teb:n
r.iddini: no of selected stecXs. netablv ,
Ciulf .states Steel and Atueriitnn Ice,
which gained .'i:li and -4 points respec- I
tielj. imparted a better tone te tin"
dealings after middii.x. Heiresentative
shares crept up .slewl). regaining most !
of their forenoon losses. ' I
Cevering by the .shorts lifted llie mar
ket out of its rur in the last hour and
brought sunn1 receer In I lie oil, 1
metal and utility diiiiH.
Commodity Markets
GRAIN MARKET
Clilease. .Ian. III. The whi.it mar
ket w.is cn.itii . Hulls were net sn con cen
lident tnilaj. but support was forth ferth forth
(eming "Hi the wjft spot-. A lde from
'In- lii'"king of the liree'.c enlcr fei
l.iiMUine bushels of wheat, tin-re nn
ii tiling in the news which could !"
construed as bullish. lierelpts weie
heavj iii all markets. Shlnping t.,ile t.,ile
uire ."11110 bushels.
The coin market is qui.-t and eav
Hedging iiessure Mipplied tin1 wants te
liiM'ts. Itecelpts continue heavj K K
pert ib inn ml was ilat.
Th its market was neglected I n-
ils sold while Hupirt was limilid
Nili-
( " i li outs dlsceiinls were wider
I iiiu' sales were .iKi.iimi tiiisiie's
Income
Tax
Returns
Ferms for incomes
both ever and un
der $5000 mailed
upon request.
Commercial
Trust
Company
Member of
Federal Reserve System
City Hall Square
i.ii
1 !'
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nil ,
l"'i
HlKll
1 Hi "
I Oft
..in
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tr.i-
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it 'i irv
10. 1.1
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in 12
It' 37
fi IS
I" "7
li .'.I
e a;
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17 sn
is no
1" 11
' " 3.'
IS
ri
dl
TO RELIABLE, ESTABLISHED
COMPANIES REQUIRING
ADDITIONAL CAPITAL
FOR EXPANSION
We are just flnishinj? $Ue,U00,000
issue have lare lifbt-class or
ganization ready for business.
Address communications te
"FINANCIAL"
lCarc of Mates Advcrtixini; Com
pany, Bulletin Blilt'., Philadelphia.
COTTON MARKET i
New Yerk. .Inn. -'II In liii" v Ml.
-fiength of I.Uerpoel nbles. the Ineal '
otten market epeivd tirm ami 11 te
JC. pelnth higher th.s mutiing diipu-
and Wall Sfeei iniin- l -vi n tin1
1 . -I lime1- T-.idcrs ifgauli'd the
iichiiical p'siinii h being siiniiwimi
lietter. bill a in" -illing In New Or
leans I itciioe and s, i loiicein leiicein
i he ked I'l'ihei : i llices mter i hi slair
aid cM'iiiualh veaki'ind the 1 1 t ubent
10 i'"inis -reiu in I i:i I ces.
Tin eiirl .ifternoen in-nk't fii ine d
i I an I -tiinl. Iieldn ' si ,f th.
inh ii'Kiiiii-c Hi the ib ii. i- et .in)
.I'l.l' or. s i 'I'll.. nisF.'it of
I'linni- tt "lii tie NVw llrli-in- iii.ii
. r for New . Mm- h n nd'-r up-
,.,ni le lu.lk'- I ll'e llll)"li'- I'.li -.11 ill
...ll 1. 1 iii.uiii ami both M.ir i ! n !
u w relative v tii'.i. a c iin..iiied
III lb lad r iii"iltl s.
-r '1 h j
-ii Klrfii I
.1 .,t. HI t'i Hi 11' 1- .'" 1 . ri I.'
Mm I 'ii WIS W J J 1". 's ' . ..
,,, -, 1.1 IS l I" SH IS .11 1 si ' si
, , i- ji ts i is 1 1 r .'7 rii
ts is i . . i: 7 is i i.ii
-,' W7'"
NEVJ YORK COFFEE MARKET
New Yerk. dan. --l -Tin le ,i I coffee
futons uiarkei 'kiiIiiiukI hi Ms null
ulde tins morning ami pn s uen- iie
lieniis Higher te two I" I"1" low 1 1 mi i he
e.iM w .th no tr.m-.i' tnii--
t middnt. "Mnreli -old fit .".Hi nnd
lav at 10e te N He. l nnle intei-m
being Inners (Itlerwisi' the mmket
as without fentiin'. Much new -eem
i.i depend iip'Ui hew s .en the interior
will be forced te enter the kjm.i m.irket
i, i-i pli lush supplies. When tin spot
demand imprmes. traders h.e, ,,,. a
,iuii U H'tlviil of uetivitj in fill lire-.
. i
tin.)
Pitei
inn
8ea
loon
in.)
1900
189
tee
2401
r,rm
ts
,3n
401)
can
ten
.10)
iii)
1.TI.1
.i0)
tee
400
.100
nnn
900
300
1400
1.000
0100
.130
1100
00,1
000
r,oe
3100
",00
.tee
no
3SIJ0
300
tee
300
5S00
300
30
lue
W)
S00
311)1
100
tee
tee
tee
5310
1110
400
100
100
300
1011
3100
I.'IOO
100
40T
taoe
300
0CII
1700
300
300
100
.SOU
310
CO,)
1001)
100
aoe
100
300
2100
100
100
(i.10
13)1
3.1 )0
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:ioe
301)
tee
301)0
R03
3 VI
100
I3J0
::iei
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3 MO
tee
.ill
0MO
1:1011 J
:t3oe
100
(Six)
1400
100-1
scne
100 ;
ion
11
1010
:inoe
3U0
3J'I
1010
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s.(i01
1011
inn
100
tee
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ten
3 Bill
100
me
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73)1
let
no I
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1111
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(ill
100
4110
30')
10)
1.1000 '
10)0
.100
till I)
3 en
.- I
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!))
niv.
In 4
I
t-
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) 111
4 DO
s)l
1 I 'I
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1100
:m,i
tllxh
Mr Rnluctlen . . . . M
Mux Hublier 1V5
i Allied riiem & Dvc... MJi
7 Alli.I Cbrni St Dye pflOH
4 Allk-rhalmern tn'-a
.- Am Aftrlc Client .TJH
.. in tteet S'ui-nr 34'
Am Hosell Mnenntn.. 3211
Am Can
7 Am ran pf ,,
IS Am Cir & l-My
.. Am riiicie
Am f'otten oil ......
Am Jllde a Leather. ,
Am Ice
0 Am Tee pf !."'.". ,',
Am. Intern.it Cerp. . . .
1 Atn-I.a Kranee Kng.,
'im Linseed pf
0 Am Loceinotl ....
Am Safety Uijier ..'.
Am Ship $. cnm . ...
Am Stnelt
7 Am Smelt pf . .
3 Am steel Keundm..
Am Sugar lief. . ,
m Sumatra
7 Am SHunatrn Tni. nf
I) Am Tel & Tel
12 Am T"bneee ii
0 Am Tobacco pf new'
13 Am Tobacco D
7 Am Woolen ....
7 Am Woolen pf'i ".
Am Zitip l.rn,i ft jmt i3li
""hi tt r ft Pne ;l,i
Anaconda Copper . 47 ij
4 -nn Hrv Cr.O'N. . . ' 54 1j
0 Ateh Te A- Santa Ke. f-.l'-i
7 Atlantle Coast Line.. S7
- iuii a: v iss.. ;,ia
Atl Ctuf ft W I S S nf tOU
00.1
t.l'2
31
54 'i
0.1s
ion
40
30 's
5CV.
no
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, er,y2
1441;
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3
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tee
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104 2
U Itednlng
Austin N'lc'mlaq ..
nult'tnore ft Ohie . .
Baltimore ft Ohie pf
Italdwln l.ocemo'i'.c
Hjldwln t.iK'e pf ...
Rnmtt Leather
Rarnsdaln Clns U .
U-Mhlehem Steel . . .
Rethleliem Steel Tt
Rethlrhem Steel Sr;, pftOS
iioein I'lsneries 7
Brit Inh Km Ste, 1 , nj-i
Rr't Km Steni it pf . G3 "
Rrlt lvn te I 2,1 pf. ?z
HroeK'jn IM son . . 10S
Rrk'M, R..;i'd Tivnslt lOli
Hrkh'i II T ctfs of dep Ni
Rrk'n t'nlen r;Ilg 70'
uuflM!,! I'.och ft Pitts.
Hums eris A
7 Rush Term pf .
Unite 'epper ft Zinc .
. Rutte ft Superior Cep
Rnttertek
Cadde central v ft tl
3 Cn lumet ft Arizona.
Cnl Zinc ft lj,,!
0 California Packing
. California Petroleum
in Canadian Pacific
3 Canada Seu'hi-rn . .
''arien Hilt Mining
Central leather . . .
Central Leather pf
0 chandler Meters
1 I'hf H.lpe l (lh.e .
Ch ft m (new)
Chi ft c,r West pf .
.. Chi Mil ft St P... .
- - Chi Mil ft St P pf
.1 Chi & Northwestern. .
7 Chi ft x. rthv.eit rT ..
0 rid P. I ft Pac C'i pf
7 Chi n I ft Pac 7- pf.
. Chile Copper . . .
1 Coca-Cela . .
.1 Celni ado ft Southern .
I 1 iVorade ft Se 1st pr.
it Celum (las ft Klec
Cnlum Craphophene .
. Cel Uraphophene pf .
4 Ceinpnt Tib Records
7 rnnvelldnted (ins ...
Co!i!-elldnied TesMU. s.
Continental Can
.1 (' rn Pieiiucts P.ef . .
jn 1 d-ii ft Ce
1 i"rtn ible Stei
7 Crui-ible S 1 pf
. Cuban Am Sugar . .
Cuban Cane Sucar . .
Cuban Cine Suir.ir pf.
H I M son Cliemleal . .
30 lieles-rs Cen SI1 11 Ltd
30 H
117'j
034
sn
311 'j
31 I'
ll .10
f.O
13 ";
133H
33
UUj
31'i
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S',
7?i
00 i,
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34
II13U
.M
(10 ' ;
10
01-,
31 ',
330
Ki'i
I) ! aw. ire ft Hudsen. 10".
DPI Luck & Mrn. 113
I home M nes 33' 1
13 Kectric S-eriRe lint.. 110 j
lk Hern foal 14
.1 I'.n I., ott-.b.hngen . . 70
. Kr.e s4j
Kr e 1st pf 13',
3 F-i'c 1- V iyn-1 1. . 7 7j
. K.dci.il Mln & S-nel- 0
4 !'" '! r.il Mitt A. S111H 1 r 31
7 Kish. r Rely pf te I
K K .'i r n d of ilu Pf M
. PI'k It ibb. r . . . . IU
Kre.peit Ti n 1 4
! (! 11 Am Tunk i'.i- . 3014
(leiier.il Asphalt AOIj
r. ;. in i.-il plinP t.f !0
tl 1.. in 1. 1 1 c.mir 07 'a
H ib t iel Kl.vtri. I43l
ib in r il .Mi. lets s J,
1 1;. ! Me'. it- lif fi'J'i
II ' . 11 M .tern deb Hi) .
: 'b 11 .b lers b I. ; , Ml'.
: i.i.e,ii,cii i! 1. . s-,
it,.nb i'oiiseI M .V; l 37'.,
' it iv lMla Is
7 Jr. at N'ertbei'i t f 7.'l'4
I Uie.it North 1 He -!f. :il ' j
. 1 ,r. 1 ne Cannt). ,1 1 '.i . 30
.' 1 iii.int.iiianie Sugar . N
. Hulf .Mobile ft N.r .I',;
li'ilf Mobile ft nr pf 17,
1 In '' Stnte St. el . . 733i
. Housten Oil 73
I llui 1 M01 ir . 13
7 HI no r Cent .,' 100 .
CO ' .1 1 bem 1 3'j
In--p ration ti ;, 3M
,t ib ( 1 'i ' 0-0 3S
I -b Cen ' -. 11' 'j
I- .r! - i' 1
I .' 1er I1 i' .
I) !
nit ma',
li.t- rii: t
'1 ten 11
1 1 1 ( rn
I'lvinc
i-l n I
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K..11.1.- '
Kan-.
K'i
K'l'
K-i' - ,
K.1.1
1
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EARNINGS
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Surulun '''
1 1 I- N
1W.M
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7I SJJ
1 III 4. S '.3.'i
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M 1.1 I
ft lini Tin
1 1 .-n
Mi" 1 in
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7 in; ut;
1:1 11 171
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Sjlej In $ M
.300 3.30 ThlRh Vftlley 574
300 7 Lltrtrclt ATv. ..t inli
--------- -jste ,1 . "!
.. Joewo Ce UJ4
1 Left Candy IIH
12 LerlUnrrt Tobacco ... 4U
7 Lerlllar.t Tobacco pf..!09
.. Mctnlyre P Mines a "4
n Mncltay Ces 79
Malllnsen & Ce 19
. . Manatl Sugar 43 K
7 Manbattnn Klev guar 4!4
73 Manhat Shirt 39V4
.- Market St Itwy 3)4
. . Market Ht Itwy pt.... 1R
- .m;ii net mi ilWy j,r (1f 3B1
. . .".inriin un
3 Martin Parry
. . Maxwell Class II . . .
8 Mat- Vvnl uin...
30e l v!rilc.an 'tleum":
41)0 .2 M nml r-.,.,
3000 1.20 Middle , stnles Cerp!.'
.. 1,111 iiiin NIAA,
Me Kansas fc Texns.
Me Kan & Tex pf. .
Me Kan & Tex (wl) .
. Mlnseurl Pacllle
. Me-Paclflc pf ...
3 Mentana Power '. .
Montf-ernery Ward ...
National Acine .
7 National Hlucult . . .
7 National Plscult pf . . .
National Cen & Cable.
Isat Kn-im & St..
e N'ntlennl Lead
Nev Cen Copper..'. ..
N Y Air llrnUe...
3 New Yerk Central ..
1100
3300
300
tee
1300
tee
400
400
(100
300 1
100
300
700
inoe
1.700
tee
300
SflOO
1100
300
3900
700
700
100
3400
300
100
200
100
900
1300
(100
100
800
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31
107
HIM
27
1214
29H
tt
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.. Aew Yerlc N II & IL.
4 N Y SblpbnlldlnK....
Nlaj-arn. Falls pf . . .
7 Norfolk & Western...
5 North American ctfs..
3 N American pf ctfs . .
North Am Class A Itts.
7 Northern Pacific . . . .
. Neva Scotia S & f .
Ohie Bedy & Dlewcr .
.. Oltla Pred & nef ..
, Orphenm Circuit . . .
8 Otla Llevater . . . .
.. Otla Steel ....
3 Owens tlettllni- .' . .
Pacific Hevel Ceip .
3 Pacific Oil
n Pan-Amer Petrel
0 Pan-Anier 11
Panhandle . . .
2 Pennsylvania U '. .
Penn Seaboard Meet.
S Peeples Ons Chicago.
. Pere Marquette . . . .
3 Pere. Marq prier pf . . .
3 Philadelphia Ce
30 Phillips Pet . .
.. Plerce-Arrew Moter .'.
Pirrce-Arrew Met pr.
. . Pleree Oil ...
a Pierce OH pf.
0 Pitts & West Va if . .
Pressed Steel Car
7 Pressed Steel Cat t'i .
. . Preducera rtefltn r . . .
4 .Pub Service of N J...
8 Pullman
Punta Alcgrc Sugar .
2 Pure Oil
8 Hallway Steel Spiinir.
Kay Cen Coppet
4 Heading
2 Reading 1st pf
2 Keadlni? 2d pf
Kemlnitten Tvnnuniee
- . iiein Typewriter 1st pf 03
. Hepleglc Steel 31)
. Republic Iren & Steel. 30?4
7 Kenub Iren .C- Mioei ,r Ml
08.20 Royal Dutch N Y 48l4
-00 . st Leuis San Fran... 31 1,
!!! St '-""is San Fran pf. 3(i'i
00 .. xt LeuIm .? vv n i! iii
St Leula Southwest pf 33 y
7S00
100
400
200
3G00
flOO
000
4000
300
100
300
tee
100
000
200
100
3100
2300
700
tee
000
100
330
190
100
100
100
1200
003
noe
300
tee
tee
100
100
3100
800
1300
3S00
203
1330
1000
100
300
2300
10)
1303
2100
100
, fi;
!0!4
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13
134
130
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114
304
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14 '4
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104
18
101
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810
300
840
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300
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32011
1300
700
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100
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.saven Moter 314
Saase Aims 17?.
Scars-lteebuel; 02V4
Siiieea Cflp Cerp 17'-
Sliell Transport . ... nr.Ji
. Sinclair Oil . ... 19 i
ii Seatliern Pacific S0J,
. . Southern K.ill . . . . 18
4 Standard Oil of Cat.. 031
fi Standard oil of N .1 .173
7 Standard Oil of N .1 pttl.7
3
1
i-l.ar. n j tsienl.i
8
7
4
23
I.i .
11. ii
Stem UreM pf
Stewart Warner .speid
Stretuberg Cirb
Studebaker
Submarine Ilent Ceip
Superior Oil Cerp. . .
Superior Steel
Timter Cern & F "A"
Tenti ( op & Clieni. . . .
T. ,ns Ce
Texas & Pacific
Texas a Pac C & O.
3d 1VX Pne Culf As Sul. ..
. Third Ave
8 Tidewater Oil ,
fl Tell icee I'roeuela ....
. Tel St I. ,i West ctfs.
. . Tel St L & W itf.s pf
. Tel St L As W etfn It
Tnl St L A; W ctfu pf II
T.anseen Oil
4 Transue Win Med
I'men Oil
1'n, en lMdll,.
1'nlen Pacific pf .
Piilen Tank i'nr in .
I'nited I n iii? 1st pf . .
In led Fiull
I'niti d Itetail Ster a .
. I) K (' I I' i Fily . .
I' H p'oed I'leducia . .
. L' s Ind Alcohol. . . .
. ir s, Realty & tmp
. IJ S Rubber
8 V S Rubber 1st pf . .
. U S Smelt & Rcf
ft t; S Strel
7 I' S Steel pf
2 I'tah Copper
rt.ih Sce
. Vu-Car Chemlciil . . .
. Vn-Cnr Cln-mieal pf .
Vanadium Cerp
II Va, Iren 1 '0.1 1 A; ' nle
imiiiiImii. 111.'
WabiiMi. pf A . . .
W.ii.a.-li pf It
H'i Hii-rn M, rj 'ami
Weiilrrn I'ai'lllc . .
7 U'lftiiiKlieiln- A Ural,.
I V. .1 iK'.i.iiih. i: a. M.
7 We-. in 1'nlen Tel .
VS'h Unit: & 1. i: .
4 Wbli .Moter ... .
Winn- oil Ceip . .
Will Spnc hii el Cerp
Wi'lMs-evei-lnml
U Is.ui & Ce . . . .
7 Wll-mi As C ,
WiMiliinrili !'
Wo'ihieith !
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flee i nee.
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ill 14 f W
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29 - 14
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114
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25 tt 4- tt
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7H- !i!
43 'J
31 ' '2 i
4d4 tt I
M4 - 14
3414
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19 ?i I 14
04 1 I
NEW HIGH FOR PIT.
IN LOCAL MARKET
s
r.iu
29 "
1514
3.1
9'8
(i?tt
7814
ll.Tj
n::
27 15
70
110
30 U -331,
-05
' , -141-4-7P4i
45 -4H'i
ill tt i
(i.i
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505, 8354
484 j
21 4
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17 30 '
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inj,-
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88 tt ,
tt r
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117
lll'i
7
Sharp Rebound iii . Bank of
North America Warrants
in Late Trading
Philnilflphin Hnpld Trnnslt wni mnile
the Iciifllnir fentnre of tlie Irnillnc In l",
leenl market, miillnc a new Ills'1 'or
the enr nt 10Vj. Thin wan ' nlieve
I tlie top llRtire iimde Innt full. It yep
i rescnteil 11 net coin of 1 V iwlnts nueve
114 j Inst nlKlit'.s closing. Thn revival wt"
nppnrenti.v intiiienreii by t lie prom prem
Klinring propeinl intidc Inst ntftfvl by Mr.
Mitten te the trelleymcn. It foiintleil
geed ; looked geed In print, nnd reml
very nieely. but tbese fntillllnr wltli life
lecitl trmixlt ulruntlnn simply silioek
llielr hrnds. (lien smiled nnd beaceil
I te be excused in milking nnv expression.
According te Mr. Mitten's htntc
I input, tlicre run be no dlstrlbuflen of
1 prellts te tlie ciiipleyes tintll 11 pi'r cent
I ilivldcndH nre found for tin1 sbnre
I holders. Te innke n long story short,
nobody could find nti.v (ipecliil renseim
! for building very big hypes of ft. re- I
' siimptieti of dividends in the lienv
future. I
, Speculatively the incident bud n pre
neunced rcjiivenntlng effect, nnd the
fact thnt these behind the movement
were successful in pushing bejend the
previous (lend line of 111. '"''d "'"no
lie ncccpted im eliceiiraslng". The trad
ing wns brisk during the forenoon, up
proximately i!u(J shares rlinnging hands
before inlibhiy. That is nn uncoil)'
menly heavy turnover for thiii i-lock In
n two-hour period. The underlying
I traction shares did net benefit by the
movement, giving It mere and mere a
mnde-tn. order affair.
In the general list price movement
1 ceiltlniied mixed. Most of tlie varia
tions, however, were con lined wllbln
I narrow fractional limits. The fev ex
ceptions were the drop In lianl. of North
i America warrants from -17 te -l-l. and
I'-j points decline in Hleitrle Storage
Mattery en selling of some of the tall
etulers in the recent splurge in that sue
tlallj. The former in the later trading
made a spirited rebound te Im indicating
a1 complete cleaning up of the lleallng
1 supph .
I Trading continued netive In tbe
riilladelphia Klectric warrants, with
most of the offerings taken at l'-j. Mnlli.B'
the common anil preferred outstanding Cl
issues rellecled (lie same organized sup- 'IV-
pint. I.lttle was done in I'. !. I. Is- ! """
Nen-Callable Perpetual
Interest-iBearing Certificates
r
Direct obligation of ihe Public
Service Corporation of New Jersey
Fer the year ended November 30, 1921, the
corporation's net income wan ever 3 times
annual interest requirements en the total
funded debt, including interest en these
certificates.
Price te yield 6
Write for Circular
Bonbright & Company
437 Chestnut Street, Philadelphia
New Yerk Bosten Chicago Detroit
1 1 r
III
i
'i
14
dvz
cfrr4t
waiting for n big salary be
fore you begin te save?
If the "Put-it-effa" could
only realize 'whnt comfort
able sums mny be nccumu
latcd by small amounts
applied regularly te a savings
account, tliey would, imme
diate' become "Put-it-in's."
North Philadelphia Trust Ce.
Bread St and Germantown Ayc
Above Erie Ave., Philadelphia
I sl
f
H
ucv. American Meiei reacted a point,
te M. lint the iir.it lireferied moved up
'a point, te ll'.i. iV'iin-Uanla Hail
toad remaitied linn.
Philadelphia Stocks
i
7
!!!
HlKll I.OB
KltAtu Can.. :t(!i .".li'j
1H." Am Stere-. 11(1 Mi
1.- dnl.ti)f..1l 1J
,'tl Am (!ns. . iVS .""
TO Am Kwys 1' ('
letAtiaiifiuic uMi i;i:;;
V,") Uniik N A
war w I. "ie -II1"
(VI Cen TrN.I II1-. -II
chre
i
? I
'MU.
sin. . y.
111) -f- Vj
.". Vj
(! 1
24
Til
II
1
7M Klec Sler.MOi', l.'!!!' J-lO'i Ti
..i.x , , ..... , .
iiiit i am nay i
Klir.lien Met.. M't
."7 I c A. :n
L'Oilnt Paper. -1S
Te Lake Sup 7"s
-ril.ei Nav.. Ijii's
1." I. eh Vlll. . 'ir:')t
't Penn ( 'ent
l.iKiit pf r.n
:i'j'j Pa it n.. ::i'';
I Ml PhilCeepf .'17
."h Pliilll Klee ir,
.no de pier.. 'J7'r,
'JOlll! de war v i 1 "s
lll-J
'4
'
1'?
14
la
!i
1
"4
:
14
1
"1;
1 1
'A
1 l
la
2
a
p it r
1(1(1 Phil & w
L'MiitSinelalr..
I'lilltSludebaUr
IHIItTe P
."pill) Ten Pel.,
j:::? I'n l'rnc.
..'ler 1; 1 ...
HID de pref..
-Vi-M S 1ml
Alctln.l .
.".'J' Yerk K
P.)'..
Ii
1!)
SSL'.
L'7
:i.-,(..
:isif
Til
1.",'..
rfc
Mi
is
(1(1 W.
:k
:i7
i:i-'s
U7I.J
1 't
is ii
in
S7'V,
1 1 s
W), ',
IS Vi
7-s Vs
r.ii'i 1,
"7r;.s ."s
BROWN BROTHERS & CO.
Nriv Yerk
K.'a6Its?if(I 788
l'OUKTII H C-IIIWTNUT HTBEKTS
ll1II.AI)i:UIHA
Iloiten
SPECIAL PAYMENTS IN FOREIGN
COUNTRIES
TO BE made upon signing of releases and
receipts, as in the case of legacies, can be
arranged through us.
A Century of Service
BROWN, SHIPLEY & COMPANY
l.ellilmr.v omen fer Trarrlrr.
1S3 Tell Mall. LONDON. 8. W.
l'liiinilrr"! Court
I)0. 11. '
MINI
.'(I
.'IP's
1'. I
IJ
I
:i.-i
:ts
Til
1. 'i'-
ii :
t-'i7;
L'7'.-..
l'a Vi
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11 -)-l
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1 in-
ii".
4
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:js,..
.I ..
I.Tj lVi
VJ 1
llx illvl.lenl te.lnv l.eliicii N'.iv.. SI
i.N.t etuiTise mHit.. liv i..mpnrlr.n wllhlu.it
i'.' nil .Niw lulk Muv.k ilxtllilllKC.
l-.ivl il . 141-II tit 1 r. h. ii.mi'.reil ltli
"''It m1uihi v. -1 u'.iv. 'Diut f.ir 1I1I1 vl.cl.
I v -JT Hluir. t,
riiii..ii.i.i'in niiMis
110 i.iiiert-. :;'..s 17 !)."i.'N
I Inn I.iliern U'd Mi" "il!. .I'ds Ji.-i.sili
1.-.MK) l.llieiu .'id Mi- "L". .'Inf. IHI.lli
71111 l.iheilj lid Vis 'L's ',17. OS
:'".ihmi i.:iieit 1 1 ii i'i '::s. . . nitje,
."iilll l.iheilj -Ith I' i. "N.. .. '.).". !IS
limn l.ihi'i'U -ith -I'ts '.(- !l(l. 1(1
".."(I Vli-lnr'v I 'i- "J.". Kill. OS
June Vi.'ierv !',- -:: 100. in
li.iiil Amer Cas & r.lectrii. .'. RIVi
j iiinciij N p.u:; n-c jis'j
-in 11) I.ehi-.-h Vallcj (is 101V,
.nun l.i'hiL-li Valley setieral -Is. 7S'i
1111111 .New imk i out nil (is.. ..
iiiine Plilla Ce cons ,ri
Mum Phlla Pli'drli- Kt .".
limn Phlla P.lei trie 1st ."is
'-'nun Plilln K'ei-lrn t ,")w,
.'11111 1 Pl.ila Pliilrn- lis
I. .111 PI11I11 r.ln-tni- 0- . . .
.".rn 'i I .in! lt.nSunij ."
T. ' v, ,. . ... n..r .T v III. s 1, m v,
tt 1 vl l.it 1 1 .v U 17.. v.-. ., I
Southern Railway Company
Equipment 6 Notes
Maturing 1931-1935
Price, 5.75 Basis
ELKINS, MORRIS & CO.
LAN!) TITLE I1LDG., PIIILA., PA.
Members A'ct"' Yerk and Philadelphia Sleck Exchanges
Jets
lets
lids
lets
, . L- '.
ss
llli'i
11(1 '1
in!".;
I0T
10L",
7S1,
BANK CLEARINGS SMALLER '
January Clearing Heuse Turnover
J-151,308.005 Less Than Last Year
Philaih Ipliui haul. iImimiirm dnriiu
.Iiltinarv u.'iv Sl.'il.Kiis iiii,', less than
in Ihe i iirri'-ieiidliiK in mtli Init eur.
The te' nl turnover of i In ki thrniigii the i
CleariiiB llen-e for ihe hnine,.H inentli
einlnl teilnv was 51.701 .".ss, 00(1, nKtMliM j
.s.s.-.L',i;:iii.!Mi.-, In Ili-.M .vj.l7."i.7ll.('iSs
in P.i-'ii and $I.S.'I'J.l7e Js.'i in P.Hlt. i
'lie fnlliiwiiiK tatile ',(. the clear-
iiiU" for niniith ('eiiiiiir.'d with these of! '"'"""
,,..., i , , .... ,
1..-I nun li'.u.
DIVIDENDS DECLARED
. rtut . ii .
I'm. mi ii'jarteil, y . r
,IIM1II. .1lurv.li i hi i . . ul
niai I,'
SneNlmkr. iiuartt! SI ";,
nml il T.' en iirvf.nv.l miv.iI.i
nit 1. . f r-' .ir I I lri!H v in
Itrtr.: .Mill.1" .Iliiilen.l f 1;, ,,fr , .
i Ii . .hi ..r .it., lit IVbn.div 1 t,, in,,,. i( ,,
v.nl Ii . 1,1 :-l Th.a in iuivd..,i tll i.
... in.. I r Hall -llllien i.i 4 i I -';
hi I Iran ! i.rv-
Wnillii A- r-inii illi H i pi.i hi ...ii ,
lei i J.'.. huh ,p I. bill., i i ' . i . ,,.,
raoeril IVbrumv l.'i
mil n
1 u
" "iii-iii. ii
MaliK I i.
Ii.l
111.
nf
'III
I'l i
,vl AM) .NnK'l ll ilHTKHV
r . -ie -,T i.ui I'; -,.. 1 1
I. fl,.,t Mm T7 ill Mil
i.--. i ii .... itii 'jn 'in ,3
im .ine il il.. 1 137 s jji.u 3fl.j
TIA.I'. I'M II n
BAR SILVER
fe 15endsr Investment
HALSEY, STUART
ifchil TUU Hills' l'lume. lrwat S:'0
Iienwain Imr aller unclmej.i hi sv,,
.rW l.nluv ..I Hll'ar li'i tln nun.r .thIbii
ti.1,1' uiielimiKed In l.eiul.n. ll... ,,,,,,. U
i.J lewr t Ilft'jil.
Paris Bourse Weak
l-arla. .Ian .11 -I'm i- r v , ,
Ileuiae tedv iTIirte WJifni rm ,. ..ijf 6U,
i... ..v.M, van nn Ijannen. alt 40a 1-Iv ,.
rvnt lean SOt ll'e. Thf Ugllar wai quutcd at
ur uc
'- .,! ..
i ...v. ii,. livlia
S. , ,,.. I nn .HI
I, III. A l"
p .. mln i B'n"
,. f,pe- HI' "'-'
Twel- ' ll" I'1" "" '
Sl ,,,. r UH "ili
Wlll.! I I Ml
i, -a .1,". i'.i
7" I!1.
I T'i
' 17 1
I.' I I
MiHnu.n
17 II7H IS
t v:i vim
i I'M M7 '."M
I.' win III
' I la ' ihs
' - i 1 1
il Hi" i, hd
.') :..i" -lei
i . i
i . .
Mb i '.
Nll
M .V
.lilt e
I'l
I.L
.-. I '
''I
.S.i
J v
UU2
I 701. 3ie O'i'i
Ili'Jl
is.: one '.no
1 M7 WI.VS71
1 7il.1 I1H0 H'I
I HIU 917,117 1,
1 llllll, Ml.1 J1H
I Ti'll 4 II ''7i.
l.l'.i).. 000 i
1 ,il,1 mi" i '"
l.Hiil.OH'i mm
1 7Jil OH" 'Hi i
1.I.J7 0 hi urn'
1 tml.tlCI m 'I
Recerd Output of Oil In California
Niialilimliin. Jn .11 I'nulu iii,., ,f .,,
lnliiui l'i 111" I llli'i Mulea ii, mi fu
ill, jii-'i ' ..... j.. .j , ,
ii .. i ,),i,i, -, . u a ,, ,, , . .
. ........... i ... i.i.. ,,,. , M
H.IIV..II.,- . .'V . .u.' '"Ml t.rfri.
li.t.,1 lliliv !' l"l h.-. ., ai.ln vmu.i
v. v aal'l ti"U I'1 ' 'ria mi ,h, ,,,,,,
..., .... ,i... it... t.. .... 'Ililitl'v
11, ..l.r.. v '- " " v i Ul I, S , .
'. ia " ..111' llllll I i ,.,'
Ihe .11 ...I.I .... . 1 'ir-
ndr, .1111 IVN.va IIUI.. Ill, I, I .11 , ,
Trxna l "ju nisi rai,i .v,n.,, . .,
... I .. , en...... Hull . . i
ti, ."'.leini, . i i.ira ,v .,,
Ull llM
I'r.'n i .f ",
.HI W-. .'.!..'. I.. It, ,. H I . I
...r. , ... , v ni.i
. . L'r ' .. . '7 ... .,..
i :., ,'i'- ri -,V "'"' v.nvu. -in r.-.f i ;,; '".'? "',"
"' .V- ' SI ( 7 I rUKlir.l.-ly IHIM.l.IlK) l,rr,l. '.. "'
.' lias ILK 747 i'H "'I , ' ". . '.'.,,. :?,.",, ".;.",' . ""' '' 'I i'
S"7 11.111 ."! HI I "
ANOTHERRISE IN EXCHANGE
Sterling Cables .it 4.2G '4 Several
New Highs Recorded
New nrli. .l.in. HI "I'll feiriRii e
ihilliS' ii .n kit i-iiirti-d will, an .tl,.. r
v lllll ill'.' 'lid. With Ktlllls iie- li-..
, i " lniiil-. i-niisiiij2 freiii 1'se hi --li'i
'illi; In 'JH I'n III- in Sweilii.il. A-- hii. -i.
(feie. I-" ul nii'iiiter hml nn ih'ltniii'
n.fnrii -i' uni.lnii; Iho hii-i- fm ill.
inehi'iit ii!i'iit rise, which In -nine i-a.-e.s
liii- had i d.'i I'l.'il -iit-i-iil.itin- ns,(.. i
111 Illi' imlv afli'l'lliieii. while I Mi
le-1 of II" I nii-Kel wn in lined ,, .,..
i ede from 1 i . eaih lni;li limnes mi
prelll -tnhliiK, llalian e.vi linii-c took up
the lead nml M'eri d n net cnui ,,f i,
I units. 'I In' iiwi, ilmns were: Slir
ins ciililei lL'7!. di'innnd I-J7I,.
franc nlih - s:ii,, , hevl.H S.'jiii,,
Ih'lsiiui inh1"- 7.11"., i hecks' 7 !C. liie
, ul, lis (1i 'li.'h- I ."!)..,: murks Hi ,
The ineiiiiiiii, en N'i w Yink funds n,
Mmilreiil n- further r, dm eil lediiy in
I 7-PI. Thf discount en Ciitiniliiin
fillnl- in N1 v 'nk Wlls lowered t"i the
ri hi en nn- iii'neiin nt nt I',
cnl.
Cult rill lil'iiefv,n cch,iiiye. w , i e
Iti'iiiiiiiiiin. 71' lliiluiii-iun. .71; Si,
hiiin. I Ie : i'i h'l-SleMiKuin, i j-
liiSi.-Sl.illin "'; ', lli'ulv, 1. 17, I'm
n) h. . .-: I-..I -h. 0.I1.-I. . i -inn
K'.'s ll'llit' i. ii ii 1' .
i..-1 1 i.nvi s i '.n.siN j iji hi v, 1 1, ,
i I'n.iri I
7
HOI-GUT SOLD
QUOTED
Lexington Railways
First en, 19 M
International & Great
Northern Railway
1st 7s, 1922
ti-Ycar Notes
Inquiries Invited
R. LANCASTER
WILLIAMS &
CO., Inc.
Mil M.ir.vlniul usiinllj Ili)i.,
Il.illliiinrr, Mil.
LEHIGH POWER SEC. 6's, 1927
PHILA. SUB. G. & E...5's,1960
LUZERNE CO. G. & E. 5', 1948
McGLINN & CO.
Spruce 7391 Race 5103
Membe-H .V. V. ,S(or,- Llxclnuujc
Widener Bldg., Pliilndelphia
PORTY Iheusnnd active '
A tclepliencs, operating
automatically, with nil the
real estate, buildlnga, equip,
ment, etc., necessary te car
ry en the best kind of tele tele tele
phone service, stand as se
curity for the two issues of
bends of the Keystone Tele
phone Company of Phila
delphia.
At present prices thest
bends yield 7.10 and
3, tax free in Pennsyl
vania. V,'c Invite inquiry en any
current investment subject
HARPER &TURNER
Investment Bunkers
Members of Philadelphia Stock EichanH '
Stock Exchange Building
fcramen Philadelphia niiu
i" i
Equipment Bends
Penna. R. R. 6s
j ,,i f. t'..s m:i-, in,
I r , l" , i.i ;, 7u f, 7;,
Missouri Pacific 6s
J v , 1.1 1',., i,,", ,
I I I" Iii 1 .-, SI)
Townsend Whelen & Ce.
.Mfinliirs S. . A I'lilli. stv.,1, l.xiliuintri,
SOS Chestnut St., Phlla.
J
We offer a Selected list of
f Municipal, Railroad and
Cdrporatien Bends
We are prepared te purchat
sound issues of Corporation
Bends which have an
established record of
earning
STROUD & CO.
M5e Wnlnttt St.. Philndelnhln
43 Exchange Place, New Yetk
ul
i 's
I 1 S
s 8.'
I s a s ,j
HI-, MNi
I,
I
llrliuvilil
ull.i
-.' I".' :.i
i "i". i i-i-
L'.'l '.s . mil
II sis 7l
'I 'Is je 1.1. lllll
nil :.sj -.1.7 :n
I Uli BJ1 sir, .'7 .1 '
-J e'i.l.:i7li ls7 : U
jilt hid ii .ti 'ji n;
I. llllll l7S vih i.i a ,
L' 1,1.1. IlKIl I1HS I.I I'J
f J.I 0IH.O0ll.ll5U ."i'fl-,
s i I.AKI- I III!
I , r, 1 . r ."
sj, I .It ii
I v IV. II .!' ,TO'
js'nt etit-r. incenit
15fcreai!,
v, - I I'l
i. v,,(
11 "i'l i'17
1 ,"n ,13U
M.'.8
".I is,
Stock lesue by Shell Transport
l.i'iuliiii. Ian .11 SI,pI TrHimp.iri nn.l
Tr. us vvnii wai- ai 4 .1-11, ni IhB Riu, u
I'fci ii niKiv ie,lv f.li. Mlnir condom .Hec e
.mi .vi r lunula of nn iu of 11 lien 'iun 7
inr cut cumnlmlve nncenij irirnc (I
huh v.f vli-vv .j..nini' nt Mf x.,.
BANK CLEARINGS
lUnu i I' ur liKii K"l i I,,,, ,,
rerpuiivlinii rihl 'hm tvi.j v r
I.i-- 111.' I i.,..,.
I'tilln t-J ni'i 7ii I is ii in inr, ,.-,
S' s.i'i.ii'i, nnd i i, ,n -',7i,,i .t ,,i,
i-lilfHHu 'l Hid mm I .- it - rt i "iii ,,,',
IHi.ik.i i'i i'i ft 'Kid i . ;i .i, i
Hi. i
. I. 7
4 ',s
i-IV
i : .1
I .'7
JI III- 1 1
limsimaaw'
Fer Cenacrvnticu
1 1
i
I'm in
il
" 3 i I
"I I ln
I ' . I.
s -'". I '
S , i
W II,
MONEY-LENDING RATES
M.N
ill
il"
. (IKK i'.i .
ml, tf ii'.
I.I.., . v I,,,,,
. l Villi, hi, I
, mil ,
l ' il
.h.ni Th. iiltv hurl FKn.etfd IMh onern
157 U50 ilim J" VKtw of the niwftaeular JiucceM of Iho cltreil tlie rtyulitr i)urtfrl dludi-nd oil com.
Steel Cerp. Payfi Regular Dividends
..1'ew .yurl- 31 Dlie, iei. ,,t ,h.
uniifvi .nuufi hjmi (.-priierni en inrtnv
Anilo-rerleu Oil flotation.
nun and prufuricd f tetk.
' I 'v
vv , .
W t. 1
M, l
J,'I .11.
I'l l'
e'tft imr c lit i-ommerriMi M,"r
te alx mentliu, 0'vtp6t wr tun! '
"uauinnn:tii
Investment
We olfer a carelully
Ucied list of Municipal,
Rrtilrencl, Fnrelcn Gov
ernment and InduitrUI
BONDS
Holman.WatsenfSRaon I
Mntt..i'r:ii.ul,, I 1
i!!!.i?H!!i5?rV,?HiHii.!J3I!i;
(llil i'.IiiMUIm'iI l-lill,,. ,Mr. ( ,,,, U,
,i i ,i ii ii I r - w ll ri'iiii'iilliui for n
lin-iliiil. iun us,, uililltiiiniii (uiltiil,
lti-iiuislili H,.l,,i, k1,. rll,-l,l
liurli. TliU 1. mi iiiiirliiiilj in ,n-.
illlr, ii l.iru-t- lrri't In ,, I , u H I ci a
tlinl Iiiii. Iiren In him ten. flit u(lt-ri) t lull
fur l, lllll) )ur.
tl IH, I.rricfr Oflk.
Bradley
Fireproofing Products
Bought, Sold and Quoted
PLATT & CO.
Members N. Y. Curb Marhtt
47 Broadway
New Yerk
I'nr tv i, iiiisi, I lint itniid reu""
ii i-Mi'iiiiuniill) uiiiiil tniliiliiit.ril,'i;
Icnif nml r-rnril In ir.ii-lr.il fiifl'f'
ur!. li'inilllni; uf nirn la "
iii-iii c r irnrriil mid iiiI iijii'i1""
Inn iiunli,ii.li,K Kriirrnl iu'i''lf"
Ins iisslstunt te prcsldfiil mill ',r,,lf!
nrrri suli mil ixriiilhv i-rl"
eirn ti.r niifiinriiif-nl . , ..,
I iln nut rirU te lif se, ''"'""j'!
nn tu nlil , In ii imsltliiii ii liljli 'I
lnif lii-lil, Imt run nnurr ilinniMl ,
luniir iii mi? inn, k """'".'.-..V.V l H
linv II nn , vnmra lll'I'ICE . ' H
..w. , ,,11, i,iuj,ik i.-i- .,
I
-ir-
vl,-.
5. i . . .r m .
' 'J. J.A
.t-
& "-' If.
'4
itjf-K' .Ji ., ..!,
' A5S
1