HraHHHRnmaHCHanHnRfHy'-itm :,- FAMl37mTK3S KWnja?5cii? L . ."a ft-. 'V i I " '.'. , Wit ."l SK m & m tVfiiVI I ',' . iij.v. ' S '. 'waattBtf tjii . t -i " vv .' T IT -.e -" "ft1 Viii s- i. rasing T-- 'ft" IKRSON i LOEB and tiadelphia Stock ..tchanytt 1410 Chtstnut St. ii- rr -i. . ht-... H'ninwni new UTOMOBILE ft INSURANCE OILS AGAIN LEAD TRADING ON CURB therUed the purchase of stock tn ex change for its ten -year 0 tier cent con vertible bend nt 25. in mldltlnti te ex .hanging the bends for stock. All hort hert term notes ami erciirltlci will be ab sorbed und put en n ten-jenr bisls. lNICSTRI.t.S ttjl vZM i trtKntr MtTtJAL I wtenat B7I. M-ti . nth nt. Many Issues in Supply at Con cessions Tobacco Stocks Irregular C. S. PATTON& CO, SD CHKKTNriT 8TS. BANKERS flAtf.V yrvvrvunv Bti4 nnd nterV heiitM 'nnrl meI... Mnnr.fr Phils. Hfeflc tttrlVntw. I 67 Attention, Exporters and Importers! Kin you use me service or a yeunc "nan, U8, who tin-, had ever 10 vcars' experience In th U. S. A.. Vnltetl .Kingdom ana Continent In Nteamahlp 'and railroad traffic, ferwardlm?. ?x. porting and Importing work? C 433. Ledger Ofllce Central National Bank t. of Philadelphia Chestnut Street at Fifth 7F Frederick Peirce &Ce. von Mil CltMrtaai fltnet, NYE"7 MENT Philadelphia 1 New Yerk, Mnrch It". There wns n. generally i-tendy tone te the trading en the curb tedny, with some issues actlrc nnd strong, but the majority of uteckn again wen: in .supply at enie n mount of coneesaieiisi. , Petroleum stocks continued prenil- I nent in the trading, n feature of the I innrhct being the inereniil iictivlly nnd I strength in Sltum- Petrelctiui, which i muicd up te lOi, n new high for the i j ear. The movement wnt based te a I great extent en the increased preduc tien in the Mexla held. Klrby Petroleum ua in moderate supply nnd showed a fractional le8, ranging from ISi te '2S ilurlnj the forenoon. The tropical oil stocks con tinued under reure. Mnracalbe fell 1 point te -1. and ether stock in the group were in supply nt concessions. Standard OH" of Indiana was fairly well held and ranged from 87 te 87. Citlci siervice was comparatively quiet, selling ex dividend at 1lMPi te 107. Mexico Oil, which has been in urgent demand since the beginning of the week, moved up te a new high record en larger tt!innetien. Tobacco stocks were Irregular. It. ,T. Kcjnelds which was ex dlUdend, mug ing from Ki's te 'JIV while Philip MerrN inecd up from 11 te 11-. llosten and Mentana was actively V traded in. The Heard of Directors uu- 1:30 Sales Utah Leir 1', M. 2O0Acme r!eM 14 14 l' 200 Amer Leather .... 114 114 114 eAinr i.iht . ,.vi, 1:14' 14a 00 rlt Am Teb r, . 14S HS H'-t ioellrlt Am Teb ceud. I4 H'i HH .toeiiuiou Ce prr..iua ion iei 2.10K Chlcatia Nlppln . '1 i LMHii-entli-inliil .Moter, tl. it'i n 100 Durum .Met of lnl lil. 13' 13 lIKXllfn Atilrn Cen I 14 i 441 44U P'.'1 lletle Haffly Jlaz.lS7 1S(14 i8T .Toe (loedxar Tlrw .... 104 le le ism Oelclvryn riclurcs.. ' e lOOCloedtfar prcf .... 2i 27' 2714 HM) llrjilen Chirf US PS s loeiiudwn Man ft'l- nS r.'i aoe Inter llubber 7. 7'4 7tZ 8enKayr 21 21 "I (H) Mbby-McNelll .... 5'i r.'J B Coei'iillip .Merrli . .. 11. 11 ni lOlyrrne JlfB In It) 10 1"0 l'entum Cereal ... 02 tl'j C2 ' Jen iiajje Cem a'i a't at; 14(H) jtiilfle Cem prcf... 3,v ,, a,-, TmiHepllti Candy ....tne Pn de Unt n J Hey (new) "If 43', 4:i 43i e00 Seuth (' (1 I ion vn 100 H'O Stand .Moter 4, 4". 4. loeswtft Inter 21', 21'i 2ltJ 11)0 Tetlf lty jt, jf, rt :.?n?J.T .H H 1'J I li? I'nn j-n t Prof Shir. 14 1 ,', iu 400 Unit Ilt Cnndy . . r.'t V, !& 300 We3t End Chim . TO ", 75 STANOAHD OILS BOO Atlantic litres ... Ut n i, 00 I.urkeye I h ut'i ni'4 Pl 10 1'ralrli- O , G :.4r, .-.fi r43 20 I'ralrl I I, ,.. 2.10 230 230 10 Cumberland P I...14H 14'l 14B 2000 H Oil of lnd H7S s? Ml. 110 Nat Transit 27'i 27'i 27U 100 Tcnn Mex 27 27 27 INDErKNIlKNT Mt inne Amr Tucl Oil ... 2." 2:. 2X 40110 linene Oil 1 17 17 2f.0n Itet Wyom . . "id or ii necrlbt;n :t(! 3 aij an Clt Her (old ex-rt.l!i; llifli, lfl7 400 Clt Ser "II" ctf. 21', 21 21 IPPOCilum I'rt ,. . . I ll HI ion Continental llf 3'i 3', 3' 12200 llnaln l'etrel .... 04 de 04 121M) Krtleral oil l'i 1l l't 7e0 (ill'illand Oil .. . Mi S, 8 pnonk-nreck Oil 1 IN 1, TOW Imperial Oil 8800 tnt rctrel . . . .' 10O Key Itanser . .. 2400 Klrby I'et .... neon Uince Creek , 3130 I.yen Pet 2U0O Maraealbe Oil . 1O0O Jrerltlan Pet . . 100 .Mexican Uacls 2Srt00 Meilc Oil .... 1300 Mex Seaboard 200 Mount Pred . . . 3INI Mutual Oil ... 23O0O Nebl.i iMOODmar Oil .'.en Pi'Miek Oil 1000 Hed Hnk .100 llyan Cens .... 21'0 Savey OH 100 Sinclair Cent . 2400 Slmtra Pet ... 2110 sketiy Oil inn south P ft a . ineii Stanten ull .. 13400 Texnn (1(10 Wllre Oil . . 2000 V Oil .. iu . . 23 .. in .. 17 .. no' .. UH .. , .. 30 ..100 .. r,K .. 23 .. 4i . . 34 :: ijst :: 8 .. in .. r.3 -4,i .. 20 TO 22H 4 1 24 in 17 114 0m 20 03 34 ' 10'.4 r i5H 411 20 14H ! 10 H 80 ion 4J 3 '' ie r, 10H ?H 20 MININQ 100 Anuln-Amer Cerp . 23H IOih) IIIk I.cdgi 21 13200 Itorten . Ment... 4 anon llent ft Ment Cen. . 3 IOOO Canada Copper ... IS ."no Copper Canen ... 08 700 Cem Cep Mln ... 1 A liioe forte Sitter .... 01 ine Creneen tleld 2J Kin Doleres Keperanz . R2 Soen Divide Hxt 10 tmne Kureka Creeua ... 24 1200 Oeldrtcld Florence. 23 .1(1(10 Hard Shell 20 2m Hecla rinln .... ."' 100 UelllnRer R'J Whmi Imlip-ndent Ixad. 1R 2000 Inm llloriiem .... 22 tlne Jeremn Vcrde . . . aH ion Kerr I.aku 3H .liioe I.a Hoae Mlnlnc . . It.. C000 MncNnmara 14 200 Muirma Copper . . . 21iJ .-.00 Mether l.edn clt . . 7t 3.100 National Tin .... 4S 2300(1 Nevada Oplilr .... 40 200 Nlplaainr 0'4 liioe Jtay Ilerculea 3 1100 Se Amer l ft Q . . 4'i loon s Silver T.eivl .... 13 2000 Steward Mln H 2400 Tonopah Dlvlde ... Ce 400 Ten .Mln 1 ine I'nlted V.ntern .. 2 ine fnltnd Vrd9 .... 2J'4 4700 Weit Knd Cen ... 01 2000 Volcano 40 I10XI) 12000 Allied Packer Us . . 70'4 lene Allied Pack etf 8s SV 13O0OAmer Mitht fla... 10344 12000 Amer Tel fil 1022. .1001 23-i 21 47 3'i 18 "? K 82 1(1 23 23 20 r, 1?" "! 3 r.e 12 2fti 47!4 320H ih n BS l'i 27i 00 4S 23?i 47 IB OH. in 23 23 20 B I? no 18 r.2 12 8 4R 3D n BO l!i 2 2J6 01 40 70 8.Vi 1034 100H 70 KM! 104i 1004 mm WW & ft i.2e:iSSf i.!f iS I 4000 Amer Tel low Amer ted 1000 Anacend ISOoe Anaconda 2000 Analn-Anf r.nnn Artnrallr 7a .......10: 33000 llarmdall 8a 0H loue jtetn steel im IH-'a-iei- 40(10 Ilethrfttctl 7a 1033,102 40(H) can Nat ny ea 7.109i 1000 Cent Steel H i t)8H 4(pihi cities Service 7i C 01. 20OO Cot.-a (las 7a 101H 1000 Cena Uaa Halle 7.102t 7001) Cens Ceal Ce 8a... R8H 6000 Cep Kxp 8a 1B24... 1024 1 Cep Exp 8s 1023..1O4S BOOO Deere ft Ce 7ia.. 074. ToeOdiilena 7a I0l5 180O0 Oeedrich Tire ".. 08H loenourand Trunk OHi.lOAU 730OOt1ulf Oil 1 ., 1034 700OltoeJ Itubber Ta... BHi loeo Ilumbln Oil 7s ...100 '4 0000 Inter II T 8a 78if AOOO I.I V C Kcal 7l wl 084 BOOO Nat Acme Ttti.... V4 BOOO N Y N II A II 4s.. T07 4O0O N V N 1111 Ta wl 70U 7000 t.hlla r. fla A, nnoe I'hila Klee (Is soeo pub serv N 1000 lre! I (Inm 2000 llebt Oalr ? en 11000 Hra Ileebk 7s. '23. 001 7000 Hhawnhcen 7s .... lOJVj 1M bbH KlIU 1011 104 iihS le?S Tat 1024 104W 07 101H 1014 sj wrt 100 ji 781 084 08 M 79? 70U ve 103 8.. IOIU 101 10DV. 8t 00 IOIU 102 'a 80 102S 104 i ?'4 103 103 '4 UOH 100 '4 ! 0!!k W"4 nova 8000 Sinclair Olt 7a w j 000 seumwent nu inne M ri V v ? 1000 8 O N V 7s. 2(l IOOO 8 O M Y 7s '31 80O0 ROSY lIHa . . 2000 Swift Ce 7. '2' 11000 Snlft 7a, '31 ... 14O00 Texas Ce 7g OOOil Tidal Onate Ta . 7000 Vnlt Oil Pred 8a 10001) t'n Ity Hav 7'4a 400O Vacuum Oil 7a . 2304)0 Warn Sua; Ta .. BOOO Wlnchener T(4a (wee Arrentine . s (Is 103H IO8S4 103S . . . H" H, I'O. 23. oeii eni oe'i ...I02.4 I02S 102X ' I. 08H OfiU 05lJ 7a.l02S 1(i2!i 1H2S 101 111.". 10000 nt Per Alar Bra Ss.lem 1000 Klna Norway 0s ..lOOU BOOO Itueslan lii ctf.. I8U r.noe nufsian, emi .....ish . ..IVUft ..104 ..Ins ..1PRJ4 lnjji ..ion, inn, ....let imu ..10.1(4 1n.11; 101 02 1084 ..101 ..101 ,.ie.m ,.107 , a. BH?1 10000 Swiss B4a 10' 1)1 1)7 1001 U. S. Certificate and Treasury Netei Int. Maturlnc tlata '""n . t4i .Tune. 1022. t3ii June, 1022. BV Aua.. 1022. 4. Sept., 1022.. tSU Sept., "1022, t4j Dec., 1022. tr.V JunJ. 1024. tB4 Sept., 1024 Did Asked Yield .110 1-10 1O0 B-J2 3,Si .lOOS 100H :40 .lOO, 100 13-33 3.(13 .1004 100 .i,7n .100;, 1004 a. .100. 100 3.8O .102 13.10 102 13.18 4.37 .102 7-16 102 g.1111 i;xempi irem icaefRl normal income tajl. tAcceptable for pajmentef Income tax due en data of maturity. New Issue $40,000,000 Dutch East Indies Forty-Year External Sinking Fund 6 Geld Bends Te be dated March 1, 1922 Authorized by Law of December 30, 1921, passed by the Kingdom of the Netherlands Parliament and approved by the Crown Net Redeemable During First Ten Years Te mature March 1, 1962 Interest payable March 1 and September 1. Principal and interest payable in United States geld coin of the present standard of weight and fineness or its equivalent at the main office of Guaranty Trust Company of New Yerk, without deduction for any taxes, present or future, of the Netherlands or the Dutch East Indies. Coupon Bends in denominations of $500 and $1,000; registerable as te principal only. Redeemable at the option of the Government en March 1, 1932, and en any interest date thereafter as a whole, or in part, at par and accrued interest. Sinking Fund te retire entire issue by maturity through annual payments sufficient te redeem each year, commencing 1933, l30th of the amount of Bends outstanding en March 1, 1932. These funds te be applied te retirement of Bends through purchase at net exceeding par and accrued interest or through call by let at par and accrued interest. a Guaranty Trust Company of New Yerk, Fiscal Agent of the Lean The following is summarized from information furnished by cable by Mr. S. de Graaff, the Minister of Celonies, Kingdom of the Netherlands. All conversions of florins te dollars have been computed at the rate of 2 li florins per dollar, or approximately at par of exchange. These Bends are te be direct external obligations of the Government of the Dutch East Indies and will net be redeemable during the first ten years. The Dutch East Indies is an integral part of the Kingdom of the Netherlands, the executive and much of the legislative power of the Colony being vested in a Governor Governer General and a Council appointed by the Heme Gov ernment. The Colony originates budget and etjuer fiscal matters subject te the control and approval of the Government of the Netherlands. RESOURCES AND COMMERCE The islands, which include Java, Sumatra and Cele bes, have an estimated population of about 50,000,000, possess great natural resources and constitute one of the richest of all colonial possessions. The principal products include tin, coal, petroleum and a large variety of agricultural commodities. These natural resources have enabled the mainte nance of a substantial excess of experts ever imports. Fer the six years 1915 te 1920, inclusive, the Dutch East Indies had a larger favorable balance of trade than any country in the world, excepting the United States. Trade with the United States has developed remarkably, total experts and imports having in creased from $9,370,000 for the fiscal year ending June 30, 1913, te $202,840,000 for the fiscal year end ing June 30, 1921. CURRENCY AND EXCHANGE The unit of currency is the guilder, or florin, with parity of 40.2 cents. Its present quotation of approxi mately 37.6 cents represents a discount of less than seven per cent., reflecting its position as one of the soundest currencies in the world. REVENUES Total revenues for the year 1921 (partly estimated), including the gross income from government-owned monopolies and industries, amounted te $267,000,000. Fer the period of 116 years, from the establishment of the Colonial Government in 1798 te the outbreak of the war in 1914, the aggregate ordinary revenues ex ceeded expenditures (ordinary and capital combined). Frem 1906 te 1913 the ordinary budget, exclusive of capital expenditures and receipts from leans, reflected in each year a favorable balance, the surplus for the period aggregating about $34,000,000. In the mere recent budgets, due principally te capital and ether extraordinary expenditures, there have been substan tial deficits. The floating debt amounts te $222,000, 000 without making any allowance for reduction by the application of the proceeds of this lean and of the $40,000,000 25-year Bends recently issued, or by $40,000,000 taxes levied but net yet collected. GOVERNMENT-OWNED PROPERTY AND DEBT Total funded debt, exclusive of this lean and the Bends recently issued, approximates $212,000,000. The Government controls great natural resources of value difficult te estimate and owns revenue produc ing properties, including ever 2,500 miles of tramways and railroads, telephone and telegraph systems and mines, which have an estimated value of net less than $275,000,000. Fer the five years 1917-1921, net income from Government-owned properties and monopolies, partly estimated for the last year, averaged $46,000,000 annually. This amount, which is less than 20 per cent, of the total revenues for 1921, is rnere than l times all interest and amortization charges as appear in the 1922 budget. Price 94 and interest Te yield about 6.73 te earliest redemption date, March 1, 1932 Te yield about 6.35, if held te maturity When, as and if issued and received by us and subject te approval of counsel. It is expected that Interim Receipts will be ready for delivery en or about March 30, 1922 ' Guaranty Company of New Yerk Harris. Ferbes & Ce. Lee, Higginson & Ce. Bankers Trust Company, New Yerk Kidder, Peabody & Ce. The Union Trust Company of Pittsburgh Continental and Commercial Trust and Savings Bank Chicago Illinois Trust & Savings Bank The Union Trust Company Chicago . Cleveland We de net guarantee the statements and figures presented herein, but they are taken from sources which we believe te be reliable tii'XAAk i 'fAT?'.-'. . "i''.i;'Aii ri.-"";? I;v,i t J" 4 ' ! NEW YORK BONDS Arc Rep'c 3 s 1 82i Ar rtep Ta wl i en 8 0Vt 0 001 r oe 8 09 Canadl'n Nthn OHs ret. 2.... 110 3.... no; Cana'n Paelfls Ce D wl 23 774 TTH 4 TT4 St.... 771 Chll. cep'r us I SALES IN tlOOOj 3... 0... 0.. 1.. 1.. 1.. 1. 83 83 H 83 H 83S 88 88 S 85 U cnii. cep'r 7a n.... 1004 2.... 100H 10.... lOOtt City Darn, flt 3.... 110?i 1.... Ill City Berd'x 8t 1 834 U 834 6 88. 1 8SH 1 83. 8 854 city or cepen hacen 0.4s 1 80i 8 804 1 80V City Lyens 6s 83 j 83 3 00'i Qucensl'd Kt Lean ct Ta 2.... 109 ttep tiille '20 12.... 101 3.... 101 ; Hep Chile '41 B.... 108 I.... IMS 1.... 1031 1.... 1035 0(ale) 103 '. Cuba Ss " 0 80l 1 804 S Perte nioe H Ts rots s or 1 07 Ti 10 07 U K Clr't Brit I'd 1022 23.... 104 4.... 1034 30.... 103!, 3.... 104 II IC Or't llrlt A I'd 1020 3... n 5'.'. 83i 83 S3', 83 i 83 H 1 S(sale) 1 City Mara'a 2 85Vi 4 833 2 83 H 2 83i 8 83 10 83 , 1 834 Cty We da Jar nsrle 8s 1.... 101. 1.... 101? 1.... 101', 4.... 101 Vi 1.... lOt", Cty San Paule 8s wl 3... 8.. 4.. 0.. 1.. 101U 101 Vi 101H 101H 101, 101 101. City Teklo 6a 0 72 M City Zurich 8s 2.... nm l(-ale) mu Cuba C. B ev e 86 S 801 1 80 8 80 Cuban C Sua 8s sta l.... 10. 87 ST 8T 83 4 $0 80 8T4 10 10 2(aale) 3 Cuba Rd Ce Ss 1 79 2 80 1 70 4 70 Cuba Railroad Ce 7 Ha 1.... 1021 Denmark Cen ct A 8a I.... 109'i Dent Hcln. 7a 03' 10 11. 1. 03 i 03 , 03 1' 03i 03 03 03 03 03 T 0311 1 03 'i Dem Rcp'e Ss 1 00 'i D Canada 2U 8 083 V Canada '23 8. 1... 2t... 1... 1... 0... 1... 8... 1... 17... T. . 8... 10. 104 104 104Vt 1044 104; 101 i 1044 1044 104S 103i 104t 1044 1044 U K Or't Brit t I'd 1087 en oe . 00 4 100U 1004 100i 1004 , 03 S , 00H . 094 U S Brazil s 10. 8... 1... 8... 8... 1... 1... O I'.'.'. 0. fl. 3.. 104-4 104H 2.... 1044 2.... 101S 0.... 1014 1.... 1044 2.... 104 0(aala) 104 P.... 1044 3.... 1044 1.... lets 14.... 104U 1.... 1041 V H Mexico 4s 1 44 2 434 U S Mexico Ss 10 60 3 co; U'd S Mexico Larra Ss 8 82S Am A A Ch Bs 1 044 Am'n At' & Ch 74a 1.... 1014 2.... 1014 0.... 1014 Amn a A R Bs 2 884 2 8S'4 2 88; American Bat Refr 6s 10 081 fl(aa)e) 08 '4 4 OS. A Tel L Tel Si 1 "05'4 084 Te Os 110 110 iie; 1104 1164 1104 110 & a r, 00 4 101) 00 4 100 . no. 100 00 'i 1. 1... 0... tl) 8... 10... D Canada '31 '- OS'; 3 OS Dutch 1 Ind's 6s rets 2.1... 30... 48... 4... 1... 0... 10... 1... 21... :ir. , . . A T. 10.. 1.. 1.. 8.. 1.. 1.. 1.. ,trh 4a of '00 10 08'1 Amer'n Water Works 5- 1 734 1 73S Ann Arber 4h 3 034 Armour 4is 2 . .. 87 Atl Coast I. 7a .1 100-, Atl'c Fruit 7 . 1 331-j Atlantic Ret'a ct 64s 1.... 101'. Bait Ohie 0j 2 074 14 !74 1 074 U &- O Tel 4s 1 . . . 04 4 Bell Telephone of Pa 7a 1 ... 10S It IMi'n Ce il ; 2 1024 Il IMIa'n C 7n 2 . 1 0 1 V II Rand T-dn, ct Ts tta I . . 70 04 II Union i: 1st) 044 1 03 I 04 4 'Hk n Union U 014' 't sta li 1 4 1 80 D I , calif O l 1 38 Chlcare Mil A st r ev bs 8 03 1...... 04H C t Nwn 84a 1 T5 CM L Nwn Ts 12.... 1004 Chi RallWs 8 2 TS C R I V fd 1 784 1 784 3 784 13 784 Chicago Union Strf 44s 8 t C A W I THi 2.... 1014 2.... 1014 1.... 102 O'.ll I A Le 0s tO.... 103 ONI 44'0T 1 074 Cl'd Cln Chi A flt L 44a 2 884 cei n t ' 1 814 Cel Indua'l Bs .. T2 Cern Tre Ra'gr Ce Bs '84 8 004 Cens'd Ceal C of Md Bs 1 80 Cens'd Das Tl Lehlth Vat 0-1 1 074 10.... 101 4 IN TK Ills as 8. 1... 1.1... 33... I... C. .. 10... 8... V. .. 30.' .' .' 10... 1.. 110 no 110 4 1104 1004 1101 110)4 1104 1104 110 110 110. Cum T A T 8s 1 01 Del A Hud cv ! 01 Dei A Hud fd 0 434 1 434 Den A II O 4s 1 T34 2 73 1 73 Des Moines i FtP Vss Is 1 43 Det Kdl 6s '40 8 784 Det Kdl Ce ds 1 102 Det U R 44 1.'.... 604 1 70 14 80 D Match 7 4s 3 1084 Dlstl Security Cerp 6a 3 47 2 47 2 47 1 474 2 4S D de Nemours Pwdr 74a 2.... 104 2.... 1044 3.... 1044 2 1044 DU'i Llzht Us 1.... 1023 1 102 1.... 102 1 102 Erie Uenl Men 2 434 1 I3S Erie R R cv M 8 384 2 384 Krie U CO 4s 48 S8i C 384 Flsk Ruh'r Ce 8i rets 2.... 1014 1.... 101 rram'n Indust D.v 74i wl L A Myers Bs 1 00 1 08 Lene lid n fd 1 744 1 744 C(-ale) 744 L lid R 8 '37 a T4 Lerlllard C 6- . 1 0J Lerlllard C Ts 10.... 1144 2.... 1144 1.... 114S 1.... 1144 Leuis ft Nash Mone 4 1 TT 1 TT fl(sal) 7T 0 78 L A Nasu 4- -.... 1024 8.... 1024 2..,. 1024 Le A .Vash 7s .... 107 3,... 10T Le A Nash St L dlv 8a 1 004 Man U 4s .ta b:.... B8U Market St Rly iran 1st 8 88 3 8T4 8 88 8 884 .3 884 23.... le.t i Mid S A Or Ss 8 80i 1 801 Mln A St L 4s 2 804 3 40 1 404 M StP A S St M 64s a.1.'-'---0" -ncil 1 83 1 83 N Tk Itlys Si 8 04 N y Tela 44s 1 014 1 t14 11 014 N Y Tal.'. '41 1024 1024 1024 1024 1024 1024 1024 1024 N T Tl'a M 2,... 1034 N Tk W O 4 Best 44s 10 414 4 42 2 42 42 43 42 3 414 N A W ct, 6.... 100 Wk S'n R S 1 01 North Western Bell T Ta 12.. 4.. 1.. 1.. 3.. 1.. 4.. 8.. 1. 8.. 1.. 1.. 1.. 1.. i: l. l. i. n r." n. 10. n l. l. l. 18,. 18.. ii!! 3.. 8 . 3.. 6.. 1.. 10.. 094 Oil's 00 4. N MS l 4 DOS 0(14 00 j 00". DOS HO 4 I'll. lift'; 604 604 ou 80 804 004 804 r.e-, 604 604 604 nnx. Me Kan A Tex ct 2ndi . 0 684 Me K ft T 4s 14 TT 3 TT M K & T Ss wl 8 80; IIKITO-W 20 034 2 03i 11 K A T net.s 2 00 2 09 2 (19 Me 1'ae RR 4a 8 024 28 02 0 024 4 024 Me Tac Ss "OS 2 804 Ment' a Pwr Bs 3 04; 2 044 Merris Cemp'j pnny 44s 2 604 Nassau Ulec't Rwy 4s 1 364 New Or Tex A Mexico 6s I 9 074 1 074 2 074 N T Cfl 34" 1 704 5 704 N Y Cent'l 4 1 884 N Y Ct'i en 4 s 6 704 J" Y Cfl re 4' ... -fi'; Cfl 4 41 ... 80 Cent'l ' 00 1.. N Y fi. a., 4., 1 en . 4 094 Gcne'l Illec .s 1 08 C-ne'l Ulee Cs 3 ... 1044 3 "03 Goedeur.T X nub'r '31 1. N Y 1., 3 ... 004 .. 100 .. 100 .. 100 .. 100 .. 10(1 .. 100 .. 100 . . . 004 .. 1 Oil ... 004 Cent'l 7 .. 1074 10 10T 10T4 10T4 10T4 10TH 10T4 10T4 1074 N I'aclOc R 3 1 03 1 02 2 014 8 02 N l'acifle R 1 834 fl 83 10 834 2 844 Or. A Calif Bs 10 074 1 074 Orecen S 1. 4 2 80S 0 R0 10 804 Oregon S Line rut'd Sj 1 01' 1 004 1 004 4 094 Or-W R R Ce Navl Ce 4s 0 78 1 T8 Otis Meet 1st 1 074 Pac O A li 8s 3 88S 10(eale) 884 1 834 Packard Mote- Car Ce Ta 0.... 100': Pan A Petr'm A T Ce 7a 0 074 Pa Rd en 44s 3 044 Pa R m 4 He 871 Penna R R s 3 004 1 004 2 004 3 004 Penna R en a 1.... 1004 0.... 100. 20.... 100'. Penna R R 7a 1 107 Pee Qas Light A Ceal Ss 1 8 Peerta ft 13 In 2 34 1 344 1 33 C 32 Pere Marqt 6s 5 0IS Pierce Oil 8s 6 00U Pitts C Chi A St L a 6s 2 03'. PertIM Rwy A Mk-ht Ss 1 MU Pertl'd Rwy A MBUt 74s 2 103', Pub Scrv corp Jsy Bs 20. . 13. in 100. It. 23. 10. 13. 10. 20. 211. ID. ',1 (le R T'js rcta 01 01 014 !4 01 4 04', 04 4 til') 014 04 4 014 04'.. 014 III 4 It Stsiile) 0.1 Cam Clnchf'd A Ohie Ss 1 S3 Cfl of Ci 0s 4 07 4 1 . .. 0(1, U R N Jsy 5s 1 . . 103 4 Cere de Pas'e Cep'r 8s 1 ... 112 C A O cv 44s 0 .. R.'.i. IS. 10. C(salc) 1. 004 00 4 0114 004 oe; 004 I en4 ! 004 I 1'0'k I oe3. I II!) 3 (n.ii n4 : i... . O'l'i 1 004 2... . 1)04 Goedjear T A nub'r '41 3.... 113 T ... IIS 8..,. 113 2.... 113 Great North!) Rly 6',s 3 004 2 nil-. 1 0(l4 Of aale) 107 3'flat) 107 4,... 1074 1 .. 1074 St L A H Fran Series I) 1 834 Seab'd A ! 6s 2 481 2 484 0 48 2 48 K 48 St Paul A K C S L 44 i 78 Sinclair C Oil Oil Ta wl T 8H 3 084 r. 084 Sinclair C Oh Cerp 74s 8.... 103 1.... 1034 1.... 1084 3.... 103 1.... 1024 (Ksale) 1024 1. 1. 1. 1. 8. 2t 20. 18. 1. 1034 103 1034 103 1034 103 1034 1034 1034 te' il Belt T 9s 1 04 Se'n Pacific fd 23 864 8'n Pae ev 4i 0 884 4 8S4 Sn Railway 4a 1 024 1 624 0 024 Sn Hallway v 4 014 1 024 Sn Rall'y HU 3. 1... 3... 1... 1... 1... 1... 1... ,. 25, 6. 04, 04 4 04 4 I 044 044 044 044 014 0.4 Sn 0414' 04 4 N Y L'dl'n Ce "' ' "tt A F 0 4a rcta I "y 4s Stan O A K 8s 1 04 1 04 Stand'd Oil of Calif 7 1.... 1004 3.... 100S Third Ave a I 3 404 1 804 1 .... 804 1 604 2...... 80 Third Ave 4" 4 034 Tidewater Oil Ce ct 04 3.... 102 Tobacco Pred ucts C 7 8 00 Onion Pac fd 1 834 Union Pae 4a 1 004 1 004 7 004 U Tank C 7n 1034 Unf d Drua 8s 1.... 1034 Ut'd Rly I Ce s Fran s 2.... 100 l a ;ieatty A impv't Ss 2 01 V a Rubb'r .Is 1 864 1 80 2 83 2.1... 804 8 88'. U H Rubb'r 7a 0 101 U tl Hub 74s 1 103 Ud S Steel .',- r ion; Va-C ch T4a 3 0.. 1 03'', Va Rly Ce Ss 1 02'i Wabash R 2nd 1 80-. We'n l'nc 1-ts 1 80. West Hhere 4s 1 81) 704 . TV ll.lnn .11. ii 4 . """ "l 1 7T4 "" 108 Readlne Ce 4L2"" 108 I 8 1 10 1 Rep 1 A 10 Reck Il'ii Leul'a 1 4. rrspr..MM I jssaBSJsaasa-sssas sasaBiBBaHHsssHaBsH III Wiillvv-f.-, , II I 4JIA LET US SELL YOUR COAL As your sales manager, ' the Peabody service can replace a selling organ '" izatlen costly te a single mine by the sales facil. ities and contact with markets established through annual experi ence in marketing mil liens of tens for our selves and ethers. PEABODY Sales Management will help you market your i output te bctt advantaie accurate knowledge of mar kets -and judgment en the penlbllides of mining and marketing which can save you expensive experiments in mining operations. Write for book of facts en Peabody service. GOAL COMPANY FetmJtd tU3 32 Seuth m-hlgaaAva. CHICAGO OfitrtHng 36 Uhmineut mlttti In II fi,Ui anM aNH-M( ttpttttr eflSfiOOfiOO tens. What's Coming This Spring? I...3. iWestlnahs'a i: " I . 4 m- 83 83 4 83 4 83 j H Sh 02 02 1 A t 14s 79 0 A Mfe Ta 3. 6.. 1 8.... 1. ". 8 . , 6.... 8.... I" A I. 18.. 1. t T! :i N Y 1. New 1001,1 ' ion., st i. . . u.t. . . '- ' III'-. - ft. U CV "8 va't French ' 80' 8I4 10.. 0.... 1.... I ... 10 . . I.... OOM't I SO .... SO. 1. 10. SO. 100-1, 1004 101 11)11-, 100 4 I'll). 10"'. 100', 80 'A 8... . M1U 7... . mhj Oil i. Alten 3i 1. .. se . . SO i; hi A Alt ,14s 2 II It 8s C ft A char Sn 101'J, 1... . BS 1014 101 ml 104 4 1H4 4 Hit', je Nen Illy 7n .1.... 108"4 8.... 1084 4 ... 1084 3. .. HiRi, 1 10S4 Of-alc) 1084 2 .. 1084 1 . . 10S4 -'.... 1084 2.. . 10N1, !t.. . ins'. 10Ri,, 1004 loes inn i, 10114 Jcr 3s (It N It ft Y Ilarf d 0s 2 08 B(sale)) 07 1. St, I, n ?! 6. St L A S I" nl ... 784 A 8 F In ... 014 ... 014 ... 014 A S Frar Series A ii! i. in. 004 r,et oe co 4 lfl 4 100', 1004 1004 1004 100 4 1001, 1IW4 1004 106 1, n 44. 2.. .. SS4 iWlckae Spnct Steel 7s 2 .... 074 1 074, 1 .. 074 Wilsen Ce lt 2 fC.'j Wltien C 74 j 4 07 4... . 07 1 OO'i Wis Central 4s It is possible for you te make mere . money this pring than you ever ; made in any spring dur ing your business or in vesting experience. Babson'$ REPORTS , Barometer letter just off the press, outlines an unusual op- ) pertunity for profit, an opportu epportu oppertu nity that will net be seen again i at from three te five years. Repert en Request -This Barometer Letter and Booklet "GttltngthtMest Frem Your Aftaay" U available for distribution tela- ' tereited Investors, tratlt. Tstr sat ttta Msno-ne-a-and hind It te your aecreUry when you dictate tha morning mall. MtrtlyAtkfcrMulUtlii S4CP Babaen's Statistical Organization WeUeslsy Hills, 82, Mass. (Suburb of Bosten) ntLarttit Oryasfrari-n if if Chmtftr h th Werld I MEMO inniui Fer Your Secretary Write Rogar V. Babson, president of &W S.tiS- Organl-atien Weliesiey Hills, 82, Mat., as follews: & frcn'i "te ulletln S4CP and booklet "Gifting Iht Meil from Your Menty" gratis. MilllainilBaiiaasrasnsamBsiHswaai tS9 Liberty Liberty Liberty Liberty Liberty Liberty Vic Nete Vi: Nete ."V'S ... .M .. l8t -Hi 2-1 4x Itli -Vii .i'4 8 . 4,h . nish nit.im iiT.nn 7.-lfl !7.48 HS.lii: H7.7II .100.04 1.. Lew WI.00 07.20 07.40 07.40 JlS.tIO 07.00 TO', 1 30 T'. M. 00.00 07.'.'(i 07.411 07.40 OS.Ii'J 07.00 KKI.04 100.04 .100.70 100.00 100.00 LONDON STOCK MARKET Is 1... 1044 e 12 C II 1. 1. 1 -111 13 A 23 .... 1410 4. I. . 10 .. i' !! 13... 1. S3 4 Mnn (,l . 7Mi . 784 ' . 78 T8'a . 784 78 4 (ir'il Trunk of Can 0a rcl 2.... 102 1 102 Jap Ueve't 2nd 23 884 Jnp Ueven't 4s 2 73 2 .... 75 n K Ileliilum Us 10.... 1034 IS.... 1034 IS.... 103, 7.... 1034 1 ... 103 4 11.... 1034 K lkl.'m 7 4r: 3,... 108 0.... 10S4 Klmdem Den-' Improvement in Tene, but Trade Quiet Oils Irregular Iximleii, March in. An improvement ill tllC Political t-ltlinllnii Ininiirtr.l ,, Chi U t o5.ite.'k vB 44h better ,ene . spiMirlilek nf ti, .,.t. nxrhnnse teilay, Vi- tl,e nunliets were (ulet. Kullirs were en Hie mend, with thu feeling morn rentiilpin, en ndviees fiem tin- Itiiml inillfutiiis tlmt sun. Diction of tl. levelt liuil Iilmmi vlV tuullv feinpli'tetl. Oil Quires were irregular owing tu mljiistnients. Heynl Duu-h u :t-.:i nnij "Is Central m Wiell iransperts iiml Trnilliic -I'u ni d "n I ..,' ;.:. S1 "- ,pl 1-nulc II Vn . Changes it, ti, e4 .IU, ftnn S4, ndiistrlnl list were narre-l-ft1?.! ' ' ... - . i nuiu nLt-'iiiii-r. iiittiwnii'u itm ....... its I Ilenie ruilH vre mixed, but the fee , ing wuh cliierfii . Dellar description, I were innlntnlned. but were fenturelei" 4.rnuuwiiu runs moved upwurt agitln en repurclinHi's. " vu int ...i i i 4iui.-riiKi-u invesiineiit ls.ues eri In. nil Imriler. French ,ls W(,rn but llriui'r iu nipathy t, 1 lie niblier ilennilininii .. .,u i.. nib. following thu cnide nc- i,71 . ... N7 4 t Q II 4s , . . SO I ss , SO i Q Ss 004 Oll'j, OO' iiiii . Man n 1... . BS4 B84 2S . 33 . 18.. 20 , s!! 1.. 1 . I 1.. 11 .'0,. II. mark ct As 07 07 4 0T4 07 07 4 074 07 07 Din 3 13 2 1 13 2 1 10 Kingdom marK ct Sa 3.... 1004 1.... 1004 3.... 100 4 K of Nrtlvir lands da wl 0 044 1 014 I. . . 014 l'lngaum Ner way ct 8a 1 ... Ill K Hwcden fls 8.... 101)4 1.... 1004 Queena'd 0s wl 1 . I.. C & i; 1... i .' .' . 4.. . 11. . 8... 18... 8... Chl & 1... 1. 3... 10... 4... 1 1 4, ... 00 4 00 4 004 00 ", 00 , 04 00 t , . oe'; Q iiV, . 1074 , 1074 107 4 107", . I074 I 6- 'Si ,. 70 .. 7S-, . 70 . 70 . . 70, .. 7S4, . . 70 . . 70 V I 4s . . 004 . oe It Chl Jill & I'M Sound 4s 3 Art'' CIiIcuke '111 & at X- 4s '23 !::: IS 20 .. . 73', . .7.1 8... . 7.'l Chicago Mil a sir cv 44a 1 014 1 014 8 114 1 ... 114 2 Chlcace Mil & ail- M 4its 1 88. liiiv, 'III Cent'l 04s 004, - " 10!U HO-, ni'l'tt riteiil 8s HO. I. . (ISIj li-i, Int'u Met 4 4s IMITf, ; . 14 1MI4 I, " lk j;jgllllii M ct 41 Hi . . ".-. i"'- IlilU Before you buy or sell study the price history of New Yerk Curb Ex change stocks in. which you are interested. This will help you in your market decisions. "Price Range" March issue -just out covers 800 securities; -high and low prices for 1920-1921-1922 -dividend rates, par -capitalization, etc Ask for a copy Tenes &. Baker Memberi NewYerk Curb Market j DTct Private Wlfei ' ! New Yerk Chicate Iloiten I-Lllietphl j Putiburgh Detroit llilllmere .Cletelinili PHILADELPHIA OFFICE ' Wldener Building j T.1.M,-.. IJeli Locust 4T30 ; Telephones gey,tone . Re 5861 BALTIMORE OFFICE 433 Equitable Building Telephone FlaxatMSl I. le 10 It T tu . SO . Ml . 30 4 . se 4 .. se 4 .. se', . sin, SO 4 active, Millet, PnrlK. cllned tide. te Liverpool Cotten MvrriHiel, March IS. Th rn iMten today. denmiid for spot 03, M IlUt ......i..-..'....;:' -."ii n ."'".J. " "I""1"" . rten-.un th l.ai I .,f zoed only a an advance ui n ni.". """.". ")' 10.7 id. Th -alea V-rb k ,110 i, T""ngTi,. receipts were loue hali., Uf wnlil -?i i Ji'" - American. l.Mtur. Urn , mlK I, I'Vu't early dealings. S.-,t uric .r iL. i11 rnlddllntrfafr. 12 .23.1 'Jied mid Ti,,,"'? '!.?'!' tuny mim nn. ie.iir.il. i,,i,i.in;.7. ' .7". ."i mlddllnR, eruinary, H.KOili uued 8 4Bil. Illlildllnii. erdlnury. 10 711.1; low o.une, an, 10. I M Murine 0s 04 4 04 4 , 1 .. 044 IM'I Pap b ss ,"; 8 Invincible oil Cerp 8s 2 .... 024 2 .... 03 .4 .. . 0'jtj 10. ...H' 1 m' ' and Anrll . ," "... .,'.'',. ""J"1., 'vr . Mwl, I" . .. 02 "'!'! , frel.hl iuu.il te -, aj,., "lu-. .."' " cot iewa cent' i"i, !!:;;' !:"';':. ":? r.,nih AZV: ,. i - , n v ii una a in i n v i i -,. le il.li8(., .1 ty I.. .1. ,, i ltf,r, 'lf'l'.,''1llil1 Included loue Lgs ,Vt "t iYr,M ", i""r'J.'' t .mill HuBiir JliHiiIni c h.iVh ,y '', l'," t'ubas In ArliUike llrnthp .:.. .' '.'". '" CubaB consigned te Ih.i irMd,. T h .' i ' r"1 flr.,H mnrL.. u M ' ' ...,.,',), !. I tl' ll.Ca . n. "..,, ,.,i ri'iintl'H " i"r IdHI) Raw Sugar Market lerk, Jlnrrh )-,, and April Hhipmnit Steady Serteli iSroe. & Ce. fublir UtUlty ttrruriHrs tack Exrf-aner 3uUiUte. PWU American Pr. & Lt. Cem. Appalachian Power Common Federal Light & Trac Cem. Georgia Rwy. & Power Cem. Kentucky & W. Va. Pr. Cem. Lehigh Power Securities Northern Ohie Elec Pfd. Portland Ry., Lt. & Pr. Cem. Bought Sold Quoted , I'liunrm Locust O'J'0-I - I'll at- I'hones te .Nev Yerl; & llosten .r.v iiiri.. .Murni I -. , inurlift Is aleadv ulih i'..i.Vi" i'v """'r - . . 30 , 2 .. . iihi la Cent'l Sa 3.. .. 71 Kan l-.' . H H. 1 . .. 044 3 Knn e A H Bs M' Lack Hlcel .- . '. 004 I. : & v int. I seu nwd market is firm. Inn 8 30c, less 2 irV.' IIU. Parli Bourse Irregular n. niarcii in, I'r cea inm.i y HI) the Ui.ursn In.lni " IHSV'I rentaa. BOf lBe. i-.r),.n., i"rV) H'r, S2C. Five ner , iX,,;"Ve.wi."nai lar waa.aueied at Uf 23'ic. c IrrcBuar. , cent I. ifaf The de). $125,000 (Inr, Twu mill Three eiir H''r Nl' ,, 'I hesi) n'jlci uh diiect olilluiitlen of Wr hriiliiiii ittul enli funded del.t ,...sl. Our ciK.nt 4.n,H taken e..-r a m"'"" ilesirahl and easily rulratile tract et law t. r ili v,i,iini-iit . , .hales nemcRiitlnx JlflO.one under wa- lteliill value r .)IH 1273,000, , , liur client, it coiperutlon ever llft 1-JIJ In l-usliifsH, i.ivenunts whlle the-.; """JK! eulstandlnif net te Increui-n funded l"'?, tK'ss, uinl te deposit 75 of net prect ' let salea fur redemption et thesa new And as . .... KKf'UKITV . for fl) fillment of revenaiit will d'P"'! ,. I'lrn sniriuuiM llnnds of 2SI.00 1 anklna, tiislncu.i und aeilal referet l'rltir'iinl ,,niv 1 DORMNI AnVK-TISVP AGKNC Atlantic tltr. X. J. . 'v.Tluva WJV.t?!' lM.faw, fctfM$(Jt. , &. )?-ll' A.,
Significant historical Pennsylvania newspapers