m iffM mv , , r 'f7 '. r IX -a toy & mazL LAv F-jrtiiY'' nst . 9& Sr ?xl a- fete -jf Spruce 8200 United States Treasury Certificates Mil ROM CTRflNR ll new yerk stock exchange transactjensJ RKCtmiTIES DEPARTMENT COMMERCIAL TRUST COMPANY Mrmhrr Federal Rfsfrre .Ttfm City HaU Square West Safe Bends&rrlnvestmciH HALSEY, STUART &..C0. Inc. Land Title Uld. t'bent. Locust 7410 NOTICE Companies needtnp; additional flnnnelni wh wl'i underwrlt or k I your treusurv stock for cash. Wrtte amount c.u hats te Bill hew much eti hive alrctdy sold arnl probable future of our company m Ilrst If Her Companies with less lian 200 steckhnldeta net considered. All communications treated wlt.i strict con Write nnlv t" Chas. r Jann 240 rtroad rtread wav N T r" C. S. PATTON & CO. 3D rilKSTMT sTd. BANKERS successors tn SAII.KIl a mtkvi:nen llends nnd storks bought nnd sold. Member, l'hlla. stark l,-irhnnf. Land Title Bldg. Member. I'lilta. Stock Uxchanit Vi Lawrence . Brown & Ce. CERTIFIED PUBLIC ACCOUNTANTS 10.70 REAL ESTATE TRCST UMK). lnBktlBtf and adjust corporation and partnership accounts and prepare income Tax nturns. :s, i'eiv Yerk Curb iNinrnivi. Hieh Acrn Cen I Acms Packini; Anirr leather llrlt-Amfr Tub cup . t hlr.iue Nipple. Hurant Meters of Ind sder.vl Unlit pref . .arlnml s. ,s vlardmr .Moter .. (lieu AMfn Ceal . Huedear Tir Ifudnen fe Manhattan Heydcn C'hm Imperial Tomcce .... Ubby jrc.Ni-IIl Lincoln M .lern A Philip 2-lerrls . . . . Pestum Cereal Pestutn Cereal pref . lladle Cem Uadln Cem pref . , bouthern Ceal Iren i-wlft International Teb Pred K- P S I. a, II I 8 Ship Cerp . l'nltd I'rerli .sharlre; I'nlted Hctail Candy We-t End Chem L' i.3. 44U 111'', .Si 90 11". .ie-j, . . 31, . 2. . 23;, . . SO l.OW 1 . -2 u is L'4 i'i im ft', en if, :. if1. 51.1, :i -f 2!i n 1 7' it 1.4 Tn 14S 41ll WITH S1EELS WEAK i -Trend of the Market Is Still Running Very Strongly Upward New Ynrlc, lVli. 'Si. Purtln'r -fllfiis ' iif tin1 ll ili')Pii(lcnt tecl "hnrrs wiii off- , I et ! tin- oetitiiiiii'il th-ngth niiil lit- I I tlvity nf tin- rail illvMiin In tmluy's rl(iIn stock innrKct It wax tin1 Ieult-prlfi-il ix-ui". of tin- latter rather t tin n I the dividend lmjlnu Mmnw that reeelvcd tin- nnit ittti'titlmi nnd n niitiitii'i' of the I 1 hiiiinr nilU reached new tot) prleiw for I the tiHiwinerit. There were familiar ' cnrmtirkt of illtrlhutlen In the Indii"- ! trial iiunrler under the cover of the MretiKth of the rails. The trading alto. I Kt'ther was of a eon-nleiiea nrefes- sieiiul tiie, and te a lnri:e etent repre. i ented the fninlllnr Meek-end evenlnj; up opera! len of lliis element. Miinj yiiliMnntinl Keed renMin enn cnlly be found for the further upward weep in security allies iiitittn; the past week. The momentum of the con cen stmetive movement. heeer, has at tained such force and latitude as te le (pilre neither stimuhiiiiiK news nor de eleiiments te keep the speculative en thusiasm iillvi The repiesentative stocks of Imtli the railroad and indus trial divisions were carried into new liisht jrrnund for the year, with quite a number reaching 'h'' best ipiotatietis for several .enrs. The mere stcnllicntit feature was the shiftinij of netivltv te' the rail group This net nnlj rcllei ted a mere hopeful iew as te the transpor tation indistr, imlicated In the steady jnerease In car leadlnits and a di-ctcise In Idle cars, lint eNu the perfect control of the tun tinkers of the censiructle caul- I piilau. It was leceu'lllzed some weeks age in order te maintain a sntl-f.icten , ispiilihritim of the market movement it would lie nece-siuy ell her te brlns the iierin:e level of the lallied group te it clecr paritv vsith lh.it of the ludutiui1 or allow the latter te fall back wherebj rhe Ka)i between the two would be le.s mm kid. The fennci policy s(.L'mlngly was adopted. ' Tin nptuin nt the week v.a partly' a rct!c of the strength and remarkable ' receterj in recent wciks of the Kure pea n exchanges and of farm products. ANe the easy meu i iiinlirieiis and the continued nclhe tiend uiiiikel. under, the leadership of the l.ibertj Issues and tin foreign government bends. Frem a deuiesfii. alig.e, pessll)l. the spirited bound in the grain markets eertcd ' the mere reaching inlluence. While it is net believed the farmers pei'senalb benelit te a gieat t'Vtciit from the up- J prci lat Ien in value of the farm products' ' m atij ninterlnl ineiensc i-i purchasing power, jet, en the oilier hand, tin effect , is certain te be far reaching in cluritv lug the hanking position as did the cotton bulge for the seuthland last fall. If abe foreshadows a quickening of the movement of grain, which in tuin' means increased traffic movement and i in the associated ejele movement ii almost certain te promote a geneial re , vlval of business, tiud indtistrj all along tne line. i r'. iis- leJS. IPs Jlf 231-j Atlklltlr PtanJ Oil 1 'i f.'i STANOAKI) OIKS I.obes . . h'4, ut Ind PC (i, IMIKPKNOKNT OILS Atlan'i'- P.t Deaten ".":.emlnc i.'arlb Pyn rttli'H .sL.r "II" ctfs. CltlfH prxli'n prf . Uemlnuin Oil . . . Kneln'.frs Pt-trel . . aillliand "ll Hrunada JtudKin oil lnt Patrel Klrby Pet 1A Illusion Pft lens XVt Weilce OH Mx is-abenrd .Mountain 1'red 5luti.nl Oil , National Oil X J ut . N V Oil lmar v.' .. . Pennek Oil Red Hanks .salt Crrk Pred Hapulpa Ilet Plmms ret bkelly Oil Southern Pet Hcf . . TVxeu U'lloex Oil Weedburn v en 4'. fl'l :i. I"', r.r, t'i. ir.it 2.-,'4 TS Mi 2li 11. Hi. 3 12 Te 2 10S fll. Te 20 I . O'.i a-, 'i.'i, r..i is 2." m With the steail progress m the re- fiiilti1itfitl.su of the world's credit nnd j financial position, as relleete.l in the improved foreign eehaiig" situatien: receding discount rates; thawing out of' the se-called fteen credits anil the ' elimination of emergency government financing the ground work has been completed for an upward swing oft business, which according te incepted authorities i nor far di-rant. As iisiinl. ' the sjeck market is far ahead, which' i iaise some et the mere conservative j ehscrveis te fear the advance in se.-ur- I Itj values is eiit-riinnliig the improved j I tondltleu.s and the premised new era of j ' nresiicritv, unless checked, a mateiliil' reaction cm hiinllv be averted. A in .J.1, 'all mnjer movements, there is lik.dj ti ''ill ; be home sitback-. but. for the moment. ! ls'J at least, the upward trend is tee .li "f'j Itinct and comprehensive te be. iindu-1 -,a I estimated. j 't i Sale-i 10) 100 aoe non 301 1?AA A00 ten .100 1(11)0 ,")0 VrtO .'HO 300 100 100 non !)( 100 l'JOil 1701) 41)0 1.1110 S0O Jen- 100 GOO loeo aoe M0 ion l'MO 300 loe SOI) 100 'J.100 1011 11(111 Jll'l 'J.lll .". 10 70,1 .") J0U :me 1011 100 1SU1I Ills III 1.1 Ml "JO I .1100 tee I .' 10 '.'110 Kill ,11(10 I I.I) 10,1 10,1 100 101 110,1 Ml) I I 00 7100 .'(II) VII .10 100 lien tee tee 10(1 11. till) Pli) (100 ,oe 0,1,1 in oe ..oe i00 r.'toe 1700 icon 1 t:ll)0 4 00 1110 1110 1000 ,oe 1:100 7)0 100 7 eh Mill 1H10 niie tee 400 1 1 00 300 Dlv. la $ l IT ST, s.i'i Commodity Markets j 1'. tri Jli ll'i ll'- Hi. lit, a a u 12 7e 70 l.l'-a 13W l"1. Ms 2--i SI r.i. 70 in HI-. 2-4 Til 3 70 III 5IIMNG Columbia . . . Alaska Ilr i!l war Hest & .Ment llosten & lily cons ... Itutt-N Y Calumet St Jfjeme ... rend-lirli 51 Copper Canyon Cens Cep 5t Certes Sllvr Fosaen (Jold lolerfH Ksperanz . . Oeltfflf Id itornte , . . Anel Am Cerp of At Hard .Shell Harml.l Dlvl-Ja . . . H.Kla Mlnlnk- . ... limit hound I ndei endent Lead Iren Dlonsein .lerem V de Manma CeptH'r Mether I-edc ce' National Tin Nevada Orhlr New Cernelia Siplsslng Hnv Herculis . . llechetr Mines . , He Am P Q . . . T onepah Dlv Ide .... Unit iv 1 Eastern . . -'4 2a 42 3T .11 21 21 BJ li. no 21: -. 24 44 14 2 11 l'J 4--1 2d U 7, 34 .11 lT ii, 4 17 m'. MARKET 'S. Wheat stiii-ed I for Mil j ami 'i' te vv nh selling f mil. ut- llecelpls illspei ted weie iweutv -nine cars; last 4 i year, tlitrty cais. i ue ensu iiiuriii I was strong ler ciieice ami casj mr 1 lower grades. Kxpert buslnes-, vesier- t i dav was pstiinnted ar nietind 1 ,''."(i,(ii) ! biihliels. Including Durum and (iiilfl Brain. , I I (Ireecp -,vns reported in the marker , for 1,(100.00(1 bushels. The Liverpool I spot market this morning wn- ,in , fhanged. Llvetpoel futures were -Mil GRAIN riiirage, Feb. 'se te !l(c lower l'sc f.ff for .lulv, ing liuiildiitlen. yesterdav 2'4 2'i 2t 2:1 41 4t r,e r,e 24 24 21 24 1.1 (.5 iv; ivi J'. 2,; !", t.'. i.'i's J i 10 41 11 11 r. -.. ,2. 2-T, 12 l.t 11" l'l 4, l. te -i',.! lower. te rie higher for tronger for .lulv. with vouiinlssien j Cern started a',f Mny and u shade Trade was mixed houses en both iiiles. flats started unchanged te ie liisli"r, ' with some bii.ving mders in the maiket and offerings light. it nnviw 192.1 Aluminum 7s. Amr T'i 'is, tuj-.-Amer T 1 ')'. H'2t Anacendi. tls Anneenda 7, 1U2U. ... Armour 7 . . . lleth S-teel 7, 11.33 Cent Stf! ss . Cens Ceal ,1h . . . Cepis-r Kxpert s, 192.1 Cutmn Tel 741 Kedersl Land Hank ! . (loedrlch Tir.i 7 flrand Trunk Oi-a .... (lult Oil 7 Heinz 7m llued Ilubtwr 7 Interlwre " Ntat Aim" 7li h Nat Cleak h, Phlla Elee "l .Shaw sheen " HkePy Oil 7 Melvay Si Southwest Il-.ll 7h , Sun Oil 7 hwlft 7s. 1I...1 Swift 7. in 11 Western EPe 7s Wlnch.'dter 7'js Arentln 7 City of AIxKre 1 . Russian 'l-i s I0 IlHI's I0.4 111, l.ljli lelS .1M24 f.si, s.,., innv, mi 102'i . 07'. .1041, . 10'1, leUi , fi(i . MH. . 01 . i.'jS . '.'. lnli lefli. .10.1 lei. (.U' . l(il. main .100 nn . dslj . mil. Mi, leO .'0 si :n 17 l". I 17 f, ID llil, l.m Iml, 1H21, IDS',. lO.'-t Osl, sil l'l IS 10.11, 1112', 17', 1l.4 Kl.T, 1041, l.il', se', 1)1 III. , '." lul. 1001. P2, 101'. fl'l', Kll. IIMV, rnVt lel1-, flslj i.nv I si. Km 31 32 J7H 'It I 17 tl" IO 1e1. 1 10S HI'., IK1, 102', 10.4'. l'l..i? ni; S'l I'l-fK. I'll M2'. '7 -, I'll', lul'l 1 4'. ill'". si". HI (.', fil lel . 10', 1"2 1"1 '. I. 'i', I ll 1 Kci'a l.ii.v. !l.l'-j 1 W Iv Mav Juh com Mm 'Julv Olts Mav 'JUlv .. , '.,rK .Mi. , . . I., r Mn . J J.v It', be May . . Iu,. . op-n 1 II 1 2.1-j llll' j Us 1.1 11 11 It'ITl! 1 17'. 1 .0 is'. Te'. 1.1 4l'v 11 'C. I -' I 7.o 7.e l.ll 1 .1'. Hs Till. 41' I21 20 ., . I 1 - II n2 10 I 1' 11 "I 1 lllali Advance Hutnely . .. 1W Advance Utlmely pf.. SS Air n.'iltictlen f'-Va Ajax Itutiher "Hi Allied Cliem ft Dye... 7Ji Allleil Chun & lye pflH Allls-fhalmers l Am Asrle Cliem -" Am Aerie Chun pf... Os Am llect Stifrar 7 Am Cnn l"Ji Am Can pf ' Am Car & Fdy 10U Am Cotten OH 2?H Am Cotten Oil pf. ... 14 Am IrtiR Syn H Am Kxpresa 131) Am Hide & Leather pf H' Am Ice . .. ., 90 5 Am Ice pf M) Am Internr.t Cern . . Am-Lu France KniJ. . iOS. . Am Llnrecd 0 Am Locomotive . . . . Am Hnfety Razor. . . Am Ship & Cem. . . Am Smelt S Am Steel Foundries . Am Stlirar Kef 7 Am Sinrnr Itcf pf . . Am Sumatra .'. Am Tel & ruble. .. J Am Tel & Tel . . . l'l Am Tobacco . . . . n Am Tobacco pt new. 13 Am Tobacco II 7 Am Wholesale 7 7 Am Woolen . . Am Zinc l.ead ft Smlt . Anaconda copeer . . . 4 Anne Dry OoeiIh , . (1 .We Dry tioedd 1st pf 0 At eh Teji & Santa, Fe .1 Atch Teil & S F pf . . Atlanta. Ulr : Atlantic 7 Atlant c Coast Line. . . . Atlantic Fruit All Gulf & W 1 S S . Austin Mclielan . . . 7 Maltlwln Locomotive. I'altlmere & Ohie . 4 Haltlmere & Ohie pr. '' Bimsdale Cl.isj H... 21 r, Ketlilchem Steel B fll'. 8 U. thlehem Steel 8-0 pf 10714 Beeth Fisheries 1 .. Hiklvn Knii Id Tranalt 10 '' , .110 ,. ,. It . . TJ . . 07 J't . . . . ..linVi ..13U . 101 la . .135'j pf. 0.1 . ... " El 7(4 07 J4 80 14 Sll2 27 IS 10ft '4 .-.ti IlrHlyn Union Gas Hums Bres A Bums Bres B Hush Ti rm pf . . . B'Ht.l Copper & Zinc. Huttc & Superior cop. I'.ulterlck Celd.) Central O & H. Cal Zinc A Lead California Packing . . California Petroleum. Cullfenila P.trel pf Cana.P.in I'aelflc. . . . Cars, n Hill Mln.ng . Centrnl Leather . . Central Leather pf . . Cerro-de-I'asce . Certnln-teed Pred. Chandler Motori Metori Moteri Ches.tpcakc & Oh e. . Chlc.iKe & Alten Chicago & Alten pf . . Chi .V: K 111 (ii-w) . .. Chi & U III (new) pf . Chicago & Ot West . Chi & nr West pf. . . Chi Ml & St P Chi Mil & St P Pf Chi & Northwestern . Chi It I & Pac... Chi It I & Pac C COTTON MARKET Xew Yerk, IM. ''.". i'itnn vnsj le-s in tive at the -ifirt this morning, , but because of better" news from Mil cloth markets, with large siIm at Fill. ' Itivr. and support from hade inter ests, tirst prpes were - te .". peint'' higher. Manchester ndvpes nNe slmvved improvement. The cnrlv selling was mestlj li Wall Street, le.-il op. r.lters nnd wire houses. After the start, the list acted steadv at about ."1 te (J points net rise. The market in He later hading dls- , plaved a Rem rail linn lindeitelie e'l I sjilnneis" takings, Im 1 U -h spot and e puri ileuitind. ci.iitli.uul nctivitj finu ' strength 111 domestic goods iuaiket. and en prlvat" clll len rep irtmg 11 htv ii ll. cable 1'iipreveiiuiit 111 Manchester lii-iiies Iu tin M'cniid hour., pi 11 us showed net gains of 'JS te .",:! 1 elnts, Willi .Mlireil coin, il.is selling at. r 1 4700 j.so.CeMlen 11000 1100 Mil 20.) 700 1.-.00 sne N0O 100 100 SOI) in tee S00 100 300 J.lll 300 1S00 100 100 700 j 10 0 10 '.'00 1(100 100 100 coo ,-700 100 20 1 100 100 tee 1000 1100 ion 3000 400 00 1(10 c.'oe 1 00 400 100 1100 00 .-.O'l 200 1000 14 10 .. 10') 1 ! 100 .100 100 10 1 .101) 300 H'10 30U 0 4 )) nun VI J) 10,1 tllill'l 1301 '43(1 ) icon ion 'j 1700 1011 no Kill T 'tjl Hi Chi It I & Pac . Chi A: Min St V Chile Copper Cluett-Peiibedy . . Coca-Cela Coleradn & Southern. Colerado & Se 1st pf. Celum Gas & Flee Cel Oraphopliens Cel C.raphophetu- tit Cemput Tab P.ecerd . Consolidated C.as. Consolidated Textiles Cern Products net. Cern Products 70 HOW Di?;, ! V'l?4 mi rH 7412 .'.4 1 j S"U 130-4 14H .1.1 1 i 07 U 33! a 3S Cllta r.u j s 4 7'i Hi '4 3 !i OTs IS' ?4. co 4-; pf tn nf 04 ,i t) .75 Vn ... 104 - vz 4.7 '4 4. rs-i : .'.'a -" 0'2 7 OH 04 V2 !-'- 103' Hcf ptH3'j (iyi Ce Crucible Steel rruc'll.!.' Steel pf Cuban Am Sugar . Cuban Cane Sugar Cuban Cane Sugar pi - p.ivlsen Chemical U Delaware & Hudsen .,u Lvl Lack & WsStern. 1U Deere & Ce pf . . Detroit Ld.sen . Deme Mines . ... F.astmnn Kodak . KU'Ctnc Storage B.t F,ndlcott-Jehnon Lndlcott-Jehnson pf . Frie . lle 1st pf . Krle 2d pf a Famous Players L .. . H Famous Plnvers L pf H Fisher Bedy of ' "'te pi , Fls', Hubber Freeport Texas . C.asten Wm A Wlp. . 6 f.en Am Tanl: Cnr ... Omeral Asphalt .... .-, Oem-rul Asphalt pf . . . . n Ceneral Cigar g General Electrle General Meters 6 Gen Meters pf . ... tl Hen Meters deb 6. 7 Gen Meters deb 77. . Gray Davis . Greene Canan'.i Cep. 7 Great Northern pf.... Great North Or? ctfa. Gunntaname Sugar . Gulf State. Steel . ,'. Hablrshaw Ll Cable.. j ilartman Cerp Hndcfi MfB Housten Oil 3 Ilnmestaae Mining .. Hupp Motorcar .. Insp. ration Cen Cep.. Indian Bel'.nlnc . . Indlahema lief . Internat Agrlcul .. . Inlvrb Cen Cerp Inter!- Cen Cern pf . - Inter Comb Fug . ni In C.mtnt S lnt Harvester new lnt Mcr Marine 0 lnt Mer Marine pf internat Motertruck 7 lnt Motertruck 1st pf International Nickel . International paper Invlnc.ble Oil Cerp . Iren Products . . . Inland Oil Jewel Tea Jewt-l Tea Pf Kansas City Southern Kansas & Gulf . ... Kelly-rtprlnEfMd Tire 1 Is y Wheel Kennecett Copper. Kej btene TAB. Kresge Lackawanna fctee) i.Tcleih, Gas or hi 1.. 11 501: M)IA 19'i 10 OS . .1003 . . -.' ,.77 , . Mil . sit, 1 07 14 . IOJb . . is' .. HI . . blJs 94 S4. W 14 i 57 7, 3H 977, CS?B 1521s S3. 71 V0 hi) lsi-2 ;c 7CU SSI S'i 00 V in 04 '2 , 15'! 7S (113 144 3SU S'-i t fllj u 7'i 24'2 20 18 OO'i I.'.", 71 '!7 70 l'l 40 'i 111 31 ",i lh IS is J0 ".. ' 40h 774 37 'a 101.J 13.1 41! 40J-2 MS.OOe nh.irrb. rompered v.tl IflW 1W 3H '50 1A 574 103H 44 ,1H 3K! 40i 9014 lAO'i 23 4H'i rt4 13(1 re 91 Vi 80 431, 3i 33 10SH 3'i ion 4(1', r,i W nr. i2 97 2.7 1 54 U I3SH ion, 135 0.1 r-5H 1.1 4S 34 U 7S iil't b.7 Ms 89'j 20 !, 1H lOSj 37 5.1 1 r.;!',-i 197 (I 103. 70H 119 33' S 9in ! 5 2,1 1, 3.1 4 111 a ".' 74' 521, ss 13N't 143 33 n C7U 33 37 'j (1S4 (ill Ti Ifi'Z r.i n nn m ? 37 j l!Hs 4IW 79'i 03'';. ,15'a 11: v .14 45 W 5s 34 7.1' j sr's 1,9 ',2 04 12 H 19214 n.m !M4 544 .se 199s en 20 n .70 34 111 114H OS ler. a. 24n r.77 140 h()' 107 l2 inij IS 11 hi 91 S4 121j iaji 'i 57',; r.i 07 n 151 n htj 71 r.su se isn 20'i 7.i,n 35 n hli 07 1 04 1.72 73 01 ? ll'i ssj; Si's 4 OK 2H i 21 29 5a 90 J4 1.1 71 27 con 4sn 13 14 34 in ssn 24 4 Jl'j 80 ?, 7 3 a 7 Iu u 13.1 4"7. 492 (17.1,000 TrKlay'a Ule.ft Net Chire, "'- w S8 Ji tOri- yf 15 tlji " lOSi, . 4 ? 'i 3.1 Vi- !' 5S 37 ion l H- 150', . 23 U-f ' 4K (- H I 5i- V, 130 4 i I lfl'- 4 99yJ-r U R0 . . ! 44 - lil 10 h 335; - n 10NH- H 4 ion -r n 4rn 31 n - v 67 "2-! H 97 25 54 - 1 Itft'i issn- m 101 u- w 135',2- 1? 0.1 s.i'i- n 1.1 - u 4S - V Mis 's 7H 'i 97 ti- u se - n m h9ij r l's :Ji ' 27 1- i IN 10SH ?i 3S?, - T's 55 U f 1 24 3Ji t 14 107 I 6!', -t ! 104 7054- 14 UO'i-r I '2 :-4 - !i 91 n- ti .-.'- !i 2.7',- '2 T.!4 ! !4 ll'i' W m- u 74 U . '1 .73 - ", SS"4 '4 no : is 141, 33'2 1 14 07' . 31 - "e 3S - H 119? : Js 00 J- 's 4 - !4 7H r 's 1014 W 35 Vj (if,- ti is'; f ',; 24'4 n 3h' h l!i S34 -i- 1 4it4 1 n NO 03'4 l!4 5.1Ja-r 1 7s 11 H - 14 .71 - 1 4,i!4- 14 4.1 -i 14 5S3, i- '4 i.iri-1 is 2 - ti 0'i- lis '2 . . 9414 J4 12- !6 102 1 2 -f !i I13J4- 30 f- 14 55 - 1 NO - 1 Dlv. Fait In Itluli 800 9 Ie Kubber Tire .... J7Ji 600 J. be lhlRh Valley 61H 100 IS Liggett & Mvers B 118 7 Liggett ft Myers pf...iH 7 Lima Loce pf 100 .. Loewo Ce 13H 1 lJft Candy 11 10 Vi en- 27 - 59n-r HI 115 -f. OS 100- 24 n C77 140 h014- 10712 i ion itiU 11 Wi" Nia4-1-94 -h4 f P-54-t 14 !'s . 57lsi" csn-i-97 n - esH-t 152 - 894 . 71 -60 SO - isn-j- 20J4-76y,4-35,- tU 074- 1 04 -f 15'j 7N Cl, -t-H'i-r 3(M-f Sis- 4 0a t 214 7 -2U4-29H-1-OOyj-15e-j 71 27 - een- 12 40', 4. in -: 34 -i 1H "W-r 5sj-,4 30 -j t4x lOyj-1 77-i 27' 10 1.15 sn - 1914- ffhartH ? 1 ' 54 !i ti 'A ti 214 2 154 1. 14 h H ti 54 !4 54 's n 14 54 s lesterday, 100 AOO 700 100 100 1200 . 400 tee 700 100 1, 200 .100 7100 '700 3000 1300 100 200 100 3.100 10,1 2100 1 701 100 100 200 2200 3700 4100 1300 1100 200 200 200 2100 100 20,7 tee tee 400 100 s. 200 500 4200 500 400 100 2100 100 400 . 300 100 1000 200 100 700 non 100 200 10400 700 500 110(1 2.700 300 0000 .100 4070 700 5000 2100 3S00 NOD MOO 1100 ion 100 1 100 400 300 100 40,1 2900 200 200 'tee 9900 300 .100 200 (1100 1200 3100 6 10090 200 4100 Mt,1 100 700 tee 400 2100 100 100 22200 200 200 3100 5300 1700 1300 000 300 100 400 700 ".3000 .'00 2100 300 0400 1.100 6200 10500 200 1000 500 400 900 100 900 1100 800 100 100 100 2000 N00 400 2700 5700 1000 200 (130 1100 100 100 1200 1(10 100 1570U 3 IK) 1100 1500 3100 N00 400 200 000 S700 tee iOO 20,10 100 1400 100 2011 300 000 200 K00 100 tee 200 100 Loulsvllle & N'ashvlllalW .. Mclntyre P Mines.... 15H .. Malllnsen ft Ce 20? . . Mnnatl Sugar 0V4 Mnnhattnn Kiev mmr 2U 73 JInnhat Shirt 33'S . Market St Kwy 7 . . Maiket St Kvvy pf . . . . 34 'z .. Mnrket St nvvy pr pf 6 .. Market St Rwy 2d pf 13 .. Marlln Oil 27J4 .. Martin Parry 20 V4 .. Math Alkali 30 . . Maxwell Class B . . . IS),; n May Dept Stores. . .10 12 Mexican Petroleum ..123'; !! Miami Copper 20 i te Middle Stntes Cerp. , . 13? . Mldvnle Steel 30-i .. Minn A Rt Leuis R', 1 Minn St P A 8 St Me. 70 Me Kansas A Texas. 4 Me Kan A Tex (wl).. Ui Me Kan A Tex vvl) pf 33' i . Missouri jpacillc . . . . Me-Paclflc pf . Montgomery Ward . . Mulllns Bedy . National Acme . -Vat Cleak A Suit . . Nat Knam ft St . , 0 National Lead . . . Nat K R of Mex 2d 0 N O Tex A Mer .. New Yerk Centrnl . New Yerk C A St 1, New Yerk Deck . . . Pt 2 V: dtVn 15 U ssy 11 37 .14 81 31 B3JJ 7N (Ifl-, 31 .77 4 Chi A St L 2d nf 70 New Yerk N H ft II. is V New Yerk Ont A W. . 22 1 J Norfolk ft.Weatcrn . . . let's Norfolk A Western nf 73 New Yerk Iteek pf N Y Chi A St L 2d North American utfs.. 30'n 3 N American pf etfs. . 47'; . North Amer nights 7;- 7 Netllicni Pacific ... hd'i 1 Ohie Fuel Supply 47 1 Ok.i Pred A Kef . 23B Orpheum. Circuit . . I54 0 Otis Elevator pf . . 0.7 . Otis Steel 10 2 Owens Bet Mach CJe. 20? .7 Pacific Gas & Kkc . 00 . Pacific. Mall 14 3 Pacific OH 40i 6 Pan-Amer Petrel . . 33?i 0 Pan-Amer Petrel B. . .101; 2 Pennsylvania KB.. 35 . Pctin Seaboard Steel. . 7 1,4 5 Peeples Gas Chicago . 75 V4 .. Perc Marquette 20?, 5 Pere Mnrquctte pf . . . 69'4 8 Philadelphia Ce 35 '4 50 Phillips Pet 33 .. Plerce-Arrew Moter . 17 a .. Plerce-Arrew Met pf . 33 . . Plerce Oil NH M Plerce Oil pf 47 3 5 Pitts Ceat flOti . Pitts A West Va ... 20 Pitts A West Va pf . . 77'4 .70 Pend Creek Cenl . .. M5 7 Pressed Steel Car pt . 92 Producers Tteflnera.. 2H 4 Pub Service of N J... 7N?4 8 Pullman 11514 . Punta Alegre Sugar.. 37 JJ 2 Pure Oil 33JJ Pure Oil 8 100 Ball way Steel Spring. 90 Ji . Ray Cen Copper .... 13 4 Reading 76 a Reading 1st pf 47 Reading 2d pf 50 . . Remington Typewriter 31 . . Republic Iren A Steel 4S Kepub Iren A Steel pf 7J4 .20 Royal Dutch NY 63H . . St Leuis San Fran . . 29n . . St Leuis San Fran pf 60 . . St Leuis A S AV R II 2NTi . St Leuis Southwest pf 4i;a Savage Arms I4ti . . Saxen Moter 1 ? .. Seaboard Air Line .. iJi . Sears-Roebuck (IN (4 . . Seneca Cep Cerp .... 12 Shattuck Arizona Cerp S .74 Shell Transport .... 42 .. Sinclair Oil 22t4 .. Slesa-Sheffleld 37 Ji Se Perte Rice Sugar.. 61 0 Southern Pacific t6a .. Southern Rail 21!4 . Southern Rail pf .... 64 4 Standard Oil of Cal.. 90',s ft Standard Oil of N J..180t4 7 Stand Oil of N J pfll6-4 7 Steel Tube pf 7.7 2 Stewart Warner Speed 33-H . . Stromberg Cnrb 40' 7 Studebaker lOlti Superior Oil Cerp ... 64 . Sweets Ce of Am 3n . . Tenn Cep A Chem .... 10 3 Texas Ce 4(1 14 . . Texas A Pacific 31', 1 Tex A Pac C A O .... 27 2.60 Tex Gulf Sul 40 , .. Third Ave 10H A Tobacco Products .... 02 ! . Tel St L A West ctfa B 2H . ... Tel St L & W pf B.. 37 . . Transcen Oil 10 5 Union Bag A Paper. . 03t2 ..'Uplen Oil IHJe 10 Union rac.lf.c 134H Union Pacific pf...... 74 Union Tank Car .... 0nyt Union Tank Car pf . . . 193 United Cigar Stores. 130 Unit Cigar Stores ptllO4 United Fruit 142 , . United Rwy Invest.. 10 . . United Rwy Invest pf 2H 6 United Retail Stores. 4N . . U S C I P A Fdy..., U S C I P A Fdy pf.. ..US Feed Products.. . . Us Ind Alcohol ... 7 U S ind Alcohol pf . . . . US Realty & Imp... . U S Rubber IlIIS Rubber 1st pf... . i; S Smelt A Ret . . , 5 U S Stet 1 7 U S Sfel pf a Utah Copper . . Utah Sec . . Vanadium Cerp . . Vn-Car Chemical... . . Vn-Car Chemical pf . . . Vlvautleu Jnc . . Wabash . . Wabash pf A .. Wt-Hteni Mnryluiid, . . West Maryland Id . Western Pacific 7 Wi stern Union Tel . , 4 Wcstlngheuse B A M . . Wheeling A L 13 . Wheeling A L L pf , 4 White Moter , . Whit., Oil Cerp . . . Wick Spenrj Steel Cerp 14'i .. willyH-uvirlantl .... 6Ji . Wilsen A Ce 41 H Woelviurth F W . .110 4 Worthlngten Pump.. 40i 0 Werth Pump pf B.... 07?j Thus f.n this Hs,k 4,602.jj00. 20 yi 01 ..in . . 95 . tsi . 55 n .loot; . 33 f, . 9314 .non . 01',$ . 14 . 37 Ji . 33 . B0a . 7 14 . 7?4 . 24ti . Dili Pt m in 02n 55;; 71 15 H 3S 014 Lew 7 H H 15t4 111 100 1314 11 11394 14J4 2t4 4t4 42 .13 H 814 33 ?i 63 ti 12Ji 201 26 30 13 109 122'4 2n?4 I3ti 30 hi; 70 4' ion 31 19; 61 14 1.1 2K ten 30 ti 33 89 3?4 (I3t4 7s fill 31 37? 119 ti 17 U 22 ?i 191! 7,1 59 4-.i; 7N Nl '4 47 14 214 l.1'4 9,1 9n 29 Ji III 14 48?, 64Ji 50 1 7.7 2,734 0 31 ?4 321j l 14 32 8Ji 47 00 25 ti 7714 16H 92 27 ti 7s USti 37H 3.1 100 en 13?$ 76e 40 ti 49 ?i 31 ?4 48'? 7Gt 62 '4 ?8'4 9 Vi 27 40.n Hl'a lti 14 OS un s 42 2on 2en 37 ti 49 85 '4 20 5'4 051. 179 '.j 115K 7.1 33 Ji 304 99'4 5t4 394 19 '4 4.1 ?4 3914 27 J'g 44 1914 1 14 27? 35 ti 9.ri 03 14 IH 134 7394 95, 103 130 inen "014 99 20? 4714 23 ?4 61 3 H 06 III 63 100 14 33 ti 04H 110 "I H 1.1 30 !i 32 C9J4 'H 714 23' 9 10?; l7Ji 92 n 6574 '9 16 3s 9'4 "ti 6 41 118 9 4 Of, 07 ?, Today's N't Cleso Chge. 2,H.'" 81 4- Ji 158 J4 4- 14 112 - 54 100 1. 13J44- Ji ll 4 113H4- in- 20J5 -3394- 6ti4- 3414 61Ji4- 1314 4- 27J44 28 - 30 - 13 109 122H4 20? 1394 4 30 - Ji-r 70 4 1U44 H J4 I 1 114 54 434 4? 154 1 H Ji - H 'is !! .1314 lti 70 4 Ain I6'4 - 28Jit 11 i 37 M14- R 3?4 03J4 78 H flejS- 31 - 57 94 70 T, 1S'sl 22'a -101?,-! 73 1 60 -1214 - in R0144 17 Ji 2Ji 15944 0.7 en 4 29H- (10 i 14 - 48 n i- 564 50W i 35 4 76 2tl?4- 592-i 35ti-- 32 ti 4 RENEWED BUYING OF RAPID TRANSI 1 ; ? 7-r-.- 1 ' Philadelphia Markets, J Stock Advanced te a New High Recerd for Year at 24 Ueiieweil active tradliiR In Vhllndel phlit Rapid Transit, carrying the stock te 11 new high level ut lil'k win the outstanding feature of the local market. A ilfioreils demand sprung up f'"" "1C stock directly follewine Miu opening which ceiililiued until the closing. The dealings were quite heavy with n turn over of apprexlniniely 771)0 nhares in the two-hour session. One block of '-Q0 shares chitnged hands at -M 11111I there were 11 number of transactions nf 100 find 400 shore lets. The meveinent wns iimtx plalni'd, In se fnr as news, but cnine In for widespread attention because of the fact of the ceiupany's "leeks Im'Ii-S closed until after annual election. J In most of Hie stock was tnken by brokers understood 'te be frlcndb te the Mit ten management and It was further understood that the day's purchases carried with them the delivery of prevy or right te vote nt the annual meeting. ti,.. ..,. biL'li iirlce of '2ia'i repre sented tin advance of $1.7ii Irmr. last night's quotation and nearly Si above the low of tin' car. The trading in ether local slecks was quiet and without feature of interest. All price chnnscs were, ceiilltted within fractional limits. The Yerk Hallways shnics cre conspicuously streui:, with the common wlviineliij? te 1." '" t'10 preferied t" ."I. I'eunsylviwiia Kill toad continued tirm at ."l.". l'hllade phla Klis'tilc shares mid the I . (. L Issues were also linn. Amerlcau Stores en small transactions advanced V-. ti.., ,vi,u'u oiienitlens In the local .limit murk-el failed te develbp anything ',,,, 1., i,n iinv ..f iiiiveltv: in fact. In con- freh-kll.il, In. barrels, drv.tilckp.l, . welnl; - '"s "".j ;. . .. ,u 4U1C.1IIIS an ere. ,c: v. cli iu: -I hs W1IIJAT Ilccelpts, 101.7111 bush, .Market firm and achlxher, Car lets In etrmrl ele ele vtiter Ne. 2 red winter, ll.425M.47; Ne. B red winter, nnrllcky, Ht.Ki!tl,43. Other Kiniln uueteil at the follevvlhB schedule of disceunts: Mixed wheat, lie timler red win ter! fe. 3 wheat, 0u under Ne. 2i Ne. 4 wheat, 70 tinder Ne, 2; .Vn. 3 wheat, 11c ur'l,l,',r Ne. 2, Hnmnle actiirilltnt te ipiallty. COItN rifrelnts, S2.1S0 htifhelh. .Mnrkft B.lvuiiee.I HMtsc, fur lets. In emiert cl W.TT0' - 735f 74e' Nu. 3, 7273eI Ne. 4, 71'f(i2e. fnr letti for local trade Ne, 2 10!l".w,'.:,l'ul7lci Ne. 3 yellnw, 72ti It ,Kc. OAKS Urreltna, 3707 bushels. Plrmly ?f1,,'..,V'lr '"l v e loratlen Ne, 2 whlte, 4,.'.l.'ll,.c! 'N'0' 3 whlte, 45t4.4fte. l'Ult'll Itecflpts, 200 barrel and 2.1104,- I'll! tlllllllfltl lti atllfra U ,fl,,l fls.m ... isllla --- .--. ..-.. . ri.nii itlilinti, III III, nut -sfuii , Iho iiuetntlnns are nn fellow! Per 1001 lbs. unckul m 110-11.. J.ite sacks, soft winter sttaluht, Wepten, Jil 2.1(' tl.7,',; rtu. I de. nearhv, f'ttfl 20, hard winter stralitht, 1 7 ",1i7.7.1; de. short ratrnt. I7.76tr8,'jn, rprlng Ilrst nem-. jii Mtit n.,-,ii. ,10, patents, sis,25, j0 ,hert ,,:,tiTit, ls.r,e8.75i fancy sprliis iind city mills tut nt. family brand, ".'XW'r'- "our. (l,2,17. PitOytHIO.VH .sieaiUlv lielil. Ileefr sets, stiuikul nnd nlr-drlnl, 47'rN'nf knuckles and tdiiiter. smoke it hu.I elr-ilrled, 4Hc: perk, fatnllv, J.lli hams, H. P. lured, loose, 23 2fic: 1I0, klnn.;il loose. 24rt2(lti de, de, BtnOKl.il. 'Mlf"S' hatn. t,llr1 l,,.l... t, l'lenle sheuhlcrs. . P, cured, loeso, ISci de. ,,..,,,,, .,,1. uciiies, in picitie, loose, 11c. br??.lJ.(.,irJL,'lllVm- .21S l"-"-". '2e. JlUITI7vAInrk.,l fiulet an.1 unrhnnired. Ih.i iiuotntietis are us follews: Solid parked creatiiury. extras. 374 r. Jobbing soles of Iilgh-graile goods. 3HiT Jj 4014c. extra firsts. 311c: llrsts. 32S?3le: stem.1s, 20 v-Jlej sweet creiimerv, cheicp te fancy, 8iH4T40Hc: de, fair te .geed. .lOHO.IS'.ici extra Drints Jobbing nt 144 47c: special brands lilnhr: fair te boe.1. 4uC(4nc, 1XI17S-Market steady, Quotatiens: Nearby extra nrstn, 31c, firsts, 32e s, ends, 27ty2Hci Mestuni, extra firsts, 32r; first". 31c: sec onds, 27020c: Southern flrsl, 30c: Jobbing sales.ef candled ck,,s te relallers, fancy. 40J I2 In cartons, und 30041c loes. , fair te Knod. 34fJSc. (HCKMK Kirmly held but Millet. N Y . whole-inllk. tints, fancv. held, 2.1c. de de, fresh 217S'Jc: de. fair te geed, lU02Oe: Iemrlinms. 22'4 tT23Vje; slngls Daisies, hsld. 23c, d... fresh. 221i'(l2Mc, Jobbing sales of fancv held Meeds, 2.1T'2fle. I. IVI. POl'T.TRY Pnwls.. fancv. fat, Vfl-lew-skinned, 20ifi.10c: exceptional lets hlcher; fatr te geed. 2(1(1 2Sc: et.rlng chickens, fancy, soft mented, jelliivv .skinned l'ly muuth lteeks, welshing fi ll. cm h or ever. 32f?3.7c: fair te koe.1, 20f31ci steBgy .iuni- roeslors. 23W2."c. old roosters, 202Ic. turlitys, .lOfllOc; din.ks, white Pikln. STf40c: de. mixed colors. Sllt.Hle: de, Jfuscevy, 2I120C! K.'esn, 20il23e mlln up, eu.u, tsr pair, welching 1". M2 His. aiilere, (1.40Wl.nOt welshing Ul'i lbs. arlece, $1(11,10, guineas, old, per pair. 701T Sic pigeons, tier pair, old, ,',r,c; jeunff, 00 4T.7.V Ulti:-!.Si:D POPI.TIty Fowls, fresh-klllsd. dry-picked. In boxes, winning 6 lbs. nnlece. anc: vvi'ignmg ins., .'iirnaec: ueigiung .ti It.'sc: welBhlni a Ins.. 22i'.3i'. tiiwi NEW YORK WfikfAtErti Heavy Cohtractlen I" Leam i Deposits Excess Reserve Resterjl I.OHI1H und discounts of the N0,v vll Clearing Heuse Institution, wpL J diiced H'Vi-rar. iwmi i... ..." T V'e i-i-d .,..,...,,, ,,,. nceK. ,.. hlU J-i inniiti (icpeslts fell off Si4aiBr2S.il iiitii tnc reduced Ilnbllitlcs the niZZl rretin nt hip reticral Uescrvc UiinW J.I!' iiicrcuscti .-.jsi.nrj.iitMl, restiltlnir 1, . f 9-1(1,401 .'.'00 In .",. , rlncri'iiku serve, nvcrcen SS.1U8.T4H ieRiil requirements uctaiiB follew: rcemlnjc Inst week' .leficit'li . and IciVIng n surplus ffi5 Irements of $14,,5 AVL'nAOE This week Usti I'xce.s resrve Akhtek. reserve. 511, 7(111.00. r.te and mom. banks Iteserve In mem ber banks nnd reserve tmnk ' J2 '1,78,020 l2?Dil3l, mi 93,ts1,0k llosnrve III Htatn Hunks and trust companies Iteseivc In State bunks uud mm company dep.isl-terlea Net demand de Deslta Tlmn dct'esltn . , firruiatlen tf. H. deposits deiluctcd .... 04.222,000 409,222,000 7,802,000 S.O3.33O.04H ; '.11,M(, 9.033,000 dfjDj, 3.Nl.x(17B,oet) 3,b2 84, 204.sn.-:.nnii 'S:J'?H, 33.48.1,000 n.2.000 "aS?:. . 81,415,000 ACTUAL This week 44.2tl!.-.jft 8411.761, (HiO ".mi:),;. 1-5,153,00, n?'.Ml- t)S a -...rtisu1 i 'KJ'!H .'JVa.liS.Mi wiuiii v"u '"".2W.00, 2.a7S.007 Kxeess reservs AxureiratH rrs i.ans, etc. fash In , and tnem. hank. ir. eun am lloservo In mem- ber banks nnd reserve bankn. 533,007,000 neserve In state banks and trust companies ... 7.(532.000 Itiserv-j In Hlate. "-"" banks nnd trust ceniDaiiy dei-usl- lories ........ 0,113,000 Net demand dc- ts,iltM ........ 3.M1.870.0O0 3,S"niej, T nn, depesltH . . 2(1.1,000 0(10 ?.- V;r.cu,5.,,0dnepi,,V a3-'" 1SS$. i.eoe.ooo 4, "a.i5,O00 7.3J3, i ' Ut.t -.i3.a;r;S 'O.004,( Financial Briefs ) I The nvcrnge price of tln twentv sV (I VI' lliileutplnl tl,,,.ba ,l,ll.... 1 ,. ' v .. .. . . I . I--. ...". . ' "'1" 'hin ' yent etcwlny te M.IK, while ,(lc tl artJT ' rnllremls ndvanccd DM per cent fa I n 3 ! 7S.7.'l. wi 171i-- 33 ',i 4. 814 r 47 ueji 4 2(1 77 J4 1594 92 27?i- 78?4 J 11514 37 4 35 n 1 100 110 -1394 . 70 J 47 50 -3l?4T 10J4 77 53 ?i 4 29?4 .10 I 28'2-t 11? 4yi ti8 12 h ; 42 2214 4 37 J4 40 - hfi'4 r 21til 61 I nii 1 179 J4-1I5?b- 75 -33 Si f 10 ti !- ioen 5? 3tiT 10'4 f 4(1 3114 4 27 lj 1- nji 1994 62 - 28 36Ji 10 03J4 lti 131 -73?i- 95yJ- 103 130 - toen- llOti - 9 94 28 en- 20'4-J-Cl -j 394 45 9.1 61 .1.1 - 190U -r 3li- 94 n 110 - IJ4 1.1 - 30 tj 33 COJi- 7?a . 7 94 2412 T OJj- 10?, f 18 92.n -i 6394 as 914 4 "li 5i-l 41 140 - 4BJ4 - 07 94- n H ? I 4 Ji i.i 1'4 14 14 H I'A 114 i I 14 s -4 14 54 114 n in 94 n 14 ti i; l14 IS the New Yerk market, ns tne spec tacle of the rapidly rising values m the big beard nenrjy always detrucis attention from tlieVlevvcr-mnvinj: lo cal eutlit. There are, however, quite a number of interesting developments just uheail which should inject new enthusiasm In the local speculation. One of these Is the effort en the part of one of the large stockholders of the Lehigh ( (ml uinl .-Navigation . 001 1.. i.orseinli' the maiiageiuent t I'll,.,, ,' ! .'....-. di'i'lare a stock dividend and incicnse. tin canital stock of the ceinpan.v ii.iieteil out In this column the same gentleman several .vears age inn.li 11 s 111 ar request mm wen n tb.. surface, lie appears te enmillv convincing ground for trust Vvltll some 01 tne rcici.i-.."ss..--, , weicinn,, nt, l. 327c. welghlnx .1... ......Il.i.r 111w rntber tame. 1 Ills HUH ,i. ,,,,,1 nniter. ''ILMe. nuistlnir 1 htehens. 1 .,.. .....i..i..'.,.l (,, it,.. leiiiMini'V of I Western, drv-picked. In boxer, wnlitlilnir H ,,... r ,,. , . piuii., .-.i.,.,iv,. ... ...vi .'.V. 1 fir. lbs and ever nplcc. .MSc: wels-hlna- II "c juijiviiiii LOimcee (.'eninant n ll.. npleee. 32c vvelBhlrir 3S ll. upieee. 2S . t.tcnt llritalll and Jrelniiil ,....; i T30e. widKhlnB 3 ll.s apiece. 24W2.1C: .1,,, velir ended ( letel.i.e 'tl '. i "" re,istlnu chickens. Wi stern, fancy, soft- JJ- Jeur tnuul t(t.teber .11 net Slicemt nietiirn, in narmi", xwiuiiintx mn ins. ane . '". ..v-i.iv. .i.n.,11, rcst-rve linn eth.- te he As vesterdn.v, it 1 14 !t 14 4 94 94 294 14 14 !i Ui 14 t4 !i li m H 2'4 14 if ti n out have making the sumo request at Ilie lorun-eii ... niinual meetlii!;. and It is mere tluui likelv that a considerable number of the sliareheldcrs will be rcatlj te bncl; ' Tlmunferlunnle side of the avalanche of collapsing Ijiekeragc concerns W that a number of innocent people could une been saved the areut losses they have sustained if a similar crusade new being Instituted by the Stock I..elinnge ..:..:K ,. nu leniipiiraled when tnest. u.-.l.v .nlL'bt erimniyntiniis weie liegln ninir'te bloom, n j ear or se afie li, 1, stilted the failure of 11 num ber of these houses wus forced by rea son of the withdrawal of the accounts of their customers. This is stmpl temmy ret. The withdrawal et ac counts could net have possibly mused the suspension of any legitimate brekci doing a square business. It might causf them t go out of business, but weiilil never make them fail. As 11 matter of fuct. there is net a case en record of I u failure of 11 brokerage nrm .".- strictly did a brokerage business. 1 Th.." beiise-cleiinlng this tluu being done net only en an nggrcsMve scale, but Is being carried out wiin a , degree of earnestness that is certain te 1 extinguish these dangerous parasites. I There has naturally been created a I great deal of neneuRiiess among in 1 vesters, but nn one doing business with a firm having Stock i:cliange 1 membership has little room for tear. If 1 ,.,..- ,110 son lias the slightest doubt us te the solvency or reliabillt.v of the broker or the tirm with which the had ,....v,if.tlens. these doubts can be cas- ilv remedied by consulting the bank or trust cempnny with which tbey bunking or this newspaper. lift !! iliitirnelnt Ism ev.r iiplere. aew.ije: reastlnc UilcRens. charges, t.i.VJi ,011, llguilist f ,-j 4S0 Western coarse nnd slan-iry. in barrels, -m ""'"" e,hW,. welKlilmt 4Ja ins. nnd ever npiei". girifsse:' - r.,iiftllni7 ehtrketw. Western, uelirhlnff .11 lbs. arlere, 20 028c brelllnu chlckms West- Themas Iren (Jeinl)linv for Iht ,. em welehnv ! (ff2 ll . at. eee. 12 34c: I ...!. i i. ,... e, ! .,ur ul? W' 'Chl. kins. Western, wrlclilnir 2-4A.I lbs. S'"'.,. ,.',- Kv,""vr "l reports net i0s.iCf nniece. -'e ac: reasuna enicaens, iirarny, , Mi,M., . r reni oj.eruuen 01 the Irn,. ...nhln.. A O -. lf,t nn,l m-.r nnlma H" ft? .'tfip ' I . .,! t ...,... ,. . "'" rnastlief riiicHens. nea .apiece. 27r3c: brelllnir iwelRhlnir m si 2 ll.s. ... nenrl.v. welvhltiir I (W2Cc: old roosters, drv.plcke.1, WeHlein, 24cj di, de Heuthern. 22ft 2.1c. sprltiK turk.s, n-nr- lev. fancy. .",0(..rr.2e. Wcstein, fancv, r,0ftr,ln, I fair te aoed, 405M.1C. old tern turkes, 4 0 ft'e ' 43c ilticl.s. fincy. 30(tj33c: de, fair te geed, I2rft27e iceere. fancv, 2lli2.1c, de, fair te geed. 2')322c. l.?.VDr..?.rie-.- li'9';!! ten Unilrend. which is owned nntriJki II "V. flKIJ-MK s"'2 III'', i .i " " 'tI ii i. i-t r. ... ttv the it. iii nntin.n tit nfinniu n( jh W ItllK ('III' (!, Ilt'ltl II y, , "j -v " s.u..tsiFuak . ji ( ii i pi tBlU "J.Tw.i 3rbsT:,apie"c24" i F' werua..,'!!r;,;d' se tlint total ak . ... ..,.., IIISM l-l.M ..t,. ...... ' ,-.,,. ,,..., .,-x..-,U.... ComiuenweiiHli Edisen Company kul jssueti ii report, ter me nscal yeif 1 cinicii Kccciueer ii, snowing net in come after churges ami tnxes S.I.MRH.Th.', , equivalent te $11.07 n Rhnre earned en' the ?rri,40.",000 capital stock. 'fliU ceinpareji with net Income of S4.7M.. 402. yr Il.'J.'l In share, en ."0,078,000' mock eiiiMiiimiiig in me previous yeit. Ilepnrt of Illgelow-Hartferd rarptt Company for cnlendnr year 1021 fJieki earnings, nfter depreciation nnd is LIVESTOCK QUOTATIONS 'hl into. IVb. 2.7. fATTLi: Receipts, loeo h,nd. femnared with wiek ae. Ileef stl.rs closed lamely siendy te ir,c higher, with units 2.1c un: low- Ktades showing the nlviinc" fat .ihe stock Ilie te 2.1c hither; canners and cutters mostly steadv; bulls ftalnxl Inrttelv. 80e; veal calvvs mostly 11 blither. Ltevkrs utul ftederi. 1,1c te 25c blither 1 1 DOS Heceljjts. 7000 heart. Artlve, most mest ly 10iyi7,c hlsher than vesterday's average; shippers leuxlit iitietit isiie : holdover Until top. 111.10 for nip lead 1 7.1 pound iiver iiver ane bulk. $Ie..10Mll; pIki sttady. SIIMI7P IiecclPts anne head. Mostly packers direct, the few leads en sale brought about steady prices. Cettipanil with a week ace. Kllllin' cipi.es 2.',c te ,10c hltther. slnsr InK lunihs. il'.c tu 7,1c blithe: . rittshurvh, Teh 2,1.- H.sl.S Jtecelpts. IsOO hvml IllKher. Heavies. tlDODIMl, livavv. lUht veikers nnd plus. $H.7.1Wlt.H.1. Slli:i:P ANI LAMMM Itecelpts, OOO head. Kli'iidv. Tep sheep, J'.I.SO, top lambs. $111. I'AI.VIIS Ittcelpts, 12:, hejd. Steady. Tep. J 13 ,',li jlt lluffule, N". Y Feb. 23. CATTLn llH,itpts .m head. .Streiat, Calves, re nlpts, 3i)0 licatl. One dollar lewer: lO'itl. HOil.S Itecelpts. K10O head. Steady te 21c hlRhcr. Heavy. $1.2r,iall.iln, mlted. fit .00 '111.7.1; erl.ers, IIkIiI verkers and plus, SI I 7.1, few yerkers ut 111 mi; roiiKhe. 10,23 Jill se, stags. 14 0 5 SO. shi:i:p and lamhs itecelpts, toeo head. Meads, unchanu. .1. i::ist St. Ixmls, I'eh 2., -fATTI.K de .Philadelphia Stocks 70 Am r, Am 10 Am lOtAin 17 Hank :0tlt & High Stores P."i''j (ins... .Ml Uwys it rnD. .jiiii-j N A tl-!'j ().. '."IS ' 14 ti 54 ti 94 94 ti a lOtChan Mtrs HH'j 4(10f(5M&Ht l' '-14 i HlfCel Orapli prcf.... 0rs lOtCrue Stl. r..":Vt lOtGulfS Stl 011 40 I (5 X A. .'tlVi J'M T-nku Sup 0 11 l.eh Xnv. 7.""i lOOtl.eh Vel.. U 4012 I'enna K H :t.r I5 I'enna Salt 00 'j 100 l'liihi .'e.. :t'Pi's (lit de cum pf :t7'i (Wl I'hlln Klec lil:,s .IS de pref... -N 77 de war.. 117 't 77.-.0 I'hlln It T;JI', Jetltyl Iutcli "A 400tStutleb'l;er10i) KKItTex cc l'ac !i07s lOOTone Min. l!l, IN) UnlenTrae ll." li,"i 1,'SIH Pali's Nst Iiw Clese chk'e. IC,'.. H."i,,2 -r,li " l'l". "1 ll (i . . i:i.ii.. HiO'.... (12U ti-1.-!-. ;is :;s -r ii ll!)'. (Hll.jt- r's '1 02 Vs Me I'fll, :W0 de pret.. mirWest I'm-. 100 V .ler&S lOri Yerk Hw-y H" de pref, ll'i ,i'j IN l.-i ,", i irs riS'ii 09 ill Vi S'.. 72' 01 :uts CO'j -.y, !'7 '-4"i as 27's ae,i r:t:is nii'i, lti)?!, :ir, 20 Vs 41 .12 IH :n 11 0r'is ",'',- fina!, Ill'l-f s i :. - 00 'g. . :i.-."s :i7 .. '21-r s '71 Iteef steers and bulls, veurllnifH, veal i.alv Ml 40c hlirher. iinn cann-r net tnxes, of ,sl,fill).2.Tl, compared witlt .S'-.240,2.i;i iu 1020 nnd .$2.0S8.13 In 1010. r.nrnlngs nfter preferred flrtH (lends: in 1021 were equal te $10.38 1 1 shnre en the $8,0.10,000 common stock,! against $2.1.7.1 per alinre in 1020 anil ts21.8rj In 1010. All previous top prices for whfat tblil season have been outdone this week,! cliletly owing te heavy reduction In eiL tlmntes of supplies likely te he nvalliblt from Cnnntln. Aiistrniui and Aritcntiai. Compared with a week age wheat thtt morning was tin ,vvic in i v,c a bust. pem showed .1 te HHc gain, at. eats GiVtt 1e He. Xet change, ll the prevision mnrket varied from a Mb bnclc of (sic te .ic advance. The Xnrth Aniericnn Cempnny nnd lti subsidlnrieN report for twelve innntln endetl .Tnniinry r.i gross earnings rf $:8,700.81S, n decrense of '.eS p cent compared with the total for tit twelve months ended January .11, 1021. steads, t.-ef tewM 2;.c hluher, ste.kers und I ever the twelve months ended fe-.iers MpnK te 23e higher. ' -ii inet The increase in the " IKT.H Itecelpts, neon head. CVne.li' . .!if p I ! .1.. , mtl Hiui.ie hluher. top, iio.ei. closed come was the result of n dee- relptH, .me hia.l. iumpar..,I with .week bre: vf !, frmn inierntlnns wns X12. cows 1 1S7.010. nn Increase of 2fi.ST. per cent twelve months ended .lanuarjl net in crease e(l 11.07 per cent in eperntlng exprnMl and taxes, which nmeitnteil tn SZB,- rii:i,fi."S. The bnlnnce for dcpreelatlea,! dividends nnd surplus for the last t-lt months amounted te SOeSlH.eW), ceia-1 eared with S..-i41 ." 1-1 In the twelwl mentliB ended Januury .11. 1021. with part ut lurlv inlvariie lust Hulk 170 tn 220 pound. JIO.7,1 lit 11.7, hulk 220 te 2'.Ki pound iiveruireH, 10.-IOTj 10 70, plus Btrenif, 2.1jr.10e blither, Jleffl 10.50, pucknr sew a steady te strenir. SitnilP Itecelpts, r,ne bend Ne market receipts direct te packers Compared with n week nun: lat lambs, iliiftsn,. hluher; ten for wevk. fir.. en, sheep mostly raic up. -4'ii-r r'.'l' i ,hi''s 100 :ieTs.. 2(l's II 'i IS III 1.1 4- Js l'.j 7 1'. -1 1V, (Net chance. mauA l,v comparison wun last tali, en New Yerk Snuk llxchatiBe Total sales, 12 3.11 shares, leinpured with K1.12 shares uttlerday Total t hi- we.lt, r1,203 shares i'iiii,.iir,i rin.v ikiNps RAILROAD EARNINGS MIUI.AND VAfjlj!:' 1311. oer. sII,U25 Il,T.SC I $112 HK3 , 'is' e.v V 4 is; loe i "r 111; will, In 22 points of tne season's Reserve Banks' Discount Rates Official rediscount rates at th tw.lvi Ted era I Iteserve Ilopten . N'ew Yerk . Philadelphia Cleveland ... Jtlchniiin.1 Atlanta . ChlcaKe , Ht. I.euls Mlniieuisdls Kanwi. City IlallB. Han Pranclsce Hanks me Trei. ctfs. . '. 4s fe low s 1.1b dun I IIkt. bends pater aci ,-pl f.r Mav ' 1ji S. ," ' ', l I)" i Jan te h. I'r-N 1'iUb Cl.iS" h 1 -' is III 17 2t 1-1 71 ! .10 pi if 1 17 in 17 21 l.l .is l'l 14 Jl .H In k Is ,". is .:. 1 7 .lb IH '.I in .," IS ,! ,1 -. I S " 1 .' 1 7 ,H1 lit s; IH lis Janu , per re ,nr T) . MmFeMC AM' wi:sti:iin- U,(iJ7,ii71 'll 1"" s t,,n,:u,-. -l'.'.'ju wi;nTi:it (1S2 2.7H 'li" ,sfl &4 32U 24''. l,10 January Kiuhs 1 .N ,,, ,e ir,i 'no.- UVKI1 P.ltIP- AM' v cress eper. income rease. r, .7 H r. ,i 4s. J. 4"rj ft 4H 4 J 4S ft r. .1 r, ,i 14 4' 4 44 ,7 ft 3 ft 4Vi Spot t" lull is SI) ! NEW YORK COFFEE MARKET New Yerk, l'eb. 2." 'lh n'n. fu- tuies mnrket was qui. t this morning. I a ml lir-t prices weie 2 point higher te 1 point lower. (pen limn I.eiv t. Paul Asks Extension en Nete Wuhlnrten. Feb. 2.1. The Chlcule. Mil- w.ukee and tit. Paul UallreaiJ ask .1 the In n iiiuaj iu ex 1,000 nete held wnlcn falli "'I, ," .- lftfiai uemmerre voinnimsie ci" 'ttira for .un yr a llu.ew SiSMJ-T. lnit It. by the Oevernment, March April Ma June Jul- AUBUSt . tispteutter October November rveeember. Nemlml III fl 11(1 S.H7 s ln K.'70'u7i S 74 S (is S .7 1 s an if 01 1 (14 M 7 B 'IS ""..IIS, b,72'if.73 s 7.1 H US ts as i 70 .... . . 'S.72 8,7TtT78 8 78 " 73 8 73 Y hi lOHO I .H' f7'u() S 4-1 s r,.- S..IJ 8. lift H IIS S. 711 8 71 8,71 8.77 8.78 Raw Sugar Market Active New lurk. K. li. .'. A feature of the raw suBar marlt.it rda was the piir,'hine ' of i.iifie te"s of uhus for March l.iadlncs fir iiuimnint te Kmrliiml at lis 7lid c. i f f lilted Kir.Kilnin This (Inures out 2 0,'ir f, ' 0. , cul.a 1x.al rertntrs nuithnHd 7ft (KiO bints ut. is f'.r March shipment at 2 ft 32e 'c.t and freulit. and operators ace.uln.1 I jU.uO'J li" f"r shtpnient next month at 2'int, coil and ftelnht. A Canadian refiner pur- ! chased 22 OO baits San Dotnlnites for Fhui- 'nient eurly next m.inth at,2 10c elf St I Jehns S H Importations te.terday in- ilud'il "I "O'l bans Cuba, te the Warner Hunar ftftlnim; Company 42.0UQ bat-a tu the Nat. una Muirar Heflnlm: t'empany; ,71100 baa's te the K-'derul Huzur Iteflnlnir CnniDany ItKiO bacs te the American, und (14,000 baits te l,m7.nrip. ThA local refined market 1. ml, I. ' .. - .1. kna,U 1. K 1IW. ! ' tAr aH. 'nunjEtii en uw u., , ...v, - . ..h, aia. ,. Today's Range In Liberty Bends 11.30 ' iriii. ijw .07.00 IHI.lHl 07.12 07.02 illl.KJ 1)41.70 07.11 07. 10 07.11 07.00 Liberty .".'is. . . l.Ibeitj 1st Ojh. Liberty 2d -IJis. l.ilerty .1.1 -JiiH. I.ibertv 1th '1'i.s vie .eteb ii's Vie .NetCS A. M. ill! Pi! 07 12 P(i.S2 .100.00 100.00 100 1)0 IV,s.. 100.2S 100.20 100.2S State of Trade Iiinir endltlunx In tne I'nitid Pt,.ts during the last week reulslered fu lnir,rnvment and rlaMnlta the holiday Minx a Tnrlrnti, cxnanslen in the move i,f mi rchniiillsi. lucrlilllie te Hull's Itevl "Unfavorable uspects are utlll c wspli u nus and will net le quickly ellmltntid but the undirlilntr factors that will kev.ui the future aiuii'i of business are iner.i reas.ur Irrf." hu. the revliw. "and mera positive evident., of revival Is dlsclused In the Iren und sttel Industry and elsewhere." llradstrwt'H review sayH In part: "Wheitsaln nnd lebblnir trode Ij still cautious, with buylnir refctrlctcd le nvidmt nr nxluent i.e'ds, Iralr nucess has ntiended recent sales by Western jobbers, and the continued strength with, In most cases, hlehsr prices this week for some farm prod ucts, ha. evidently put a mere cheerful IlllliKn nut ivuiiui a, -,, ,ji FOREIGN EXCHANGE New Yerk, Feb. 2.',. The featuic of the foreign exchange market at the opening wa thu strength in lire, which moved up te a new lilirh. M,,,,-li,, i. j,; H' hhewed ,onie recovery and murks moved 07 12 1 "I' ene-naif a point. in mlfl-lorennen, the maiket became strong vvlth lire particularly nntlvc, All the ieudmg Issues matin ndvunees. .Sterling cables were 4.41. demand 4.4(l'i; finuc cab en fl.OH. el,l. IIS.73 07. OS D7.:i0 1 17.. 10 100.10 100.111 107'j 107', FEDERAL TAX RETURNS It'll INCOMK TAX nr.PAllTMEXT, SCPIIIIVIBION OK UNPKU TUT. WIEGNER, ROCKEY & CO. CERTIFIED PUBLIC ACCOUNTANTS is at Tern sr.nvirK reu ashistanck in thk PUr.PAUATION OF YOUR TAX BETUKN FOR 1021 National Security Bank Franklin Street & Girard Ave. Philadelphia MARCH 2nd te 15th BOARD OF DIRECTORS' ROOM -Ml ll.OIIVj ; lire cables 5.1.1, oheou' r,lVj ; tie re I II'IT nblch .1S.22. chcck.s .'W.17; nient marks .'liTfj. Ilie rate of premium In Montreal to te la en New Yerk funds was 2 11-10 per cent. The rate of discount In New en Caimdian funds was 2 per U)00 Liberty 2d I 'in "12. 1000 Llbeily 1th 4 'is .. r,00 Liberty 4th -I'ih .. .-,00 Liberty -lib 4',n .. HKJO Victory J:,..s "2:1.... ItlOO Victory ' "2:i TdKlO Hell Telephone 7s . 2000 IW' 1 1 lelepliene is lll 'y 1000 City 4s '42 Ob 1000 Klectrle ic People's ((s 4s 0."i '000 i'liila F.lectrle (Is 102 1000 I'hlln Klectilc (Is lOPv, r,00.1hlht Klectrle Us 102 r,IH)0 l'hilu It T .Is Ml 10(H) United Hallways luv ,'s, , 81 V( Telal $2H,I100, compared with 102 lO'i y,wterday. Tetalfur Heck 13f,7,s.70 Yerk cent, 1 chan 1st a lacA CeLPM W-?J. U iW Yi:.4T17HDA"ri C'IOHIMa QUOTATIONS HlBrllnn Krancs I.lre Guilder. Demaml 4.3'.( 0,01 fi (11114 as, 2.1 Cable 4.. '10. U.OlVi f. 07 1IS.31 TODAY'H OPK.NINU UUOTATIONH Bterllnic Pranca Lire Guilders rmnn,l 4.aT7 H 1111 f, OKU .U M West.K'able 4.40s 0,00 B,0O 3S.10 one as a whole are still slew, which . CLOSINa QUOTATIONS partly explained uy in rattier un- - n..n ... ,inie.. .;.., ...rnu 0m ,n .(!! i-.H. uhini, ' tfterilnv Franc. I.lre rjuHacr. that advertised reduction falea seem mftjr J'JIii, J,,2H ,14'i 0.13 38,41) 38,40 DIVIDENDS DECLARED Hwlft fc C . 'iu.irt.rlv 12, p.ivnbln ptli u, stock of iimrd March 111 lmrfale und husiei lianiii. ll.illread eiinr terly of I1. 1"'C vi nt en common, paahle March 31 te stink of p erd .March If. Husten und Altun Itailreud, iUarlerly of 12. payable March 31 tu sleck of record l'ehruarv 2S, New Yerk Transit Cumpany, euarterly nf i fi. payuble April le tu stock of ncerd Mar, ll 23. I'eiinsslvunla Walir and Power Ceinpans. uuartirly uf I3. ,lr lent, pajablu Apul 1 te stock of retard .March 17 llosten Woven llus und Huble'r Ceinrany, quarterly 11. SO en comnien payable .Match 15 te stock of record March 1 Heed Hubber Products Cempnny, Inc., quarterly 11.70 en preferred, payable March I le stock of record I'ebruary 20 Over a Thousand Cities and Towns When formulating travel plans it is well te remember that the Baltimore & Ohie Rail road reaches directly from Philadelphia, with its own rails, ever 1000 cities and towns east of the Mississippi River. And remember also, that the two Baltimore & Ohie stations in Philadelphia may be quick ly and easily reached from any part of the city. Our Central Ticket Office, at 1337 Walnut Street, right in the heart 'of the business district, will gladly check your baggage arrange itineraries make Pullman reser vations and relieve you of many travel re sponsibilities. Just telephone Walnut 3602 our agents will de thq rest. Tne addreat in 1397 Wtllnut Street-juat below Bread en the North aide of the atreet. Baltimore Ohie Railroad IQ2? first in America First ie Service 1922 Xirane, 4 " V Sila v j i.i '-e ( J .rX Cr,- .i' -''..li Iv VV, tV.-tP" r. ti ,t-v"