v; i, v wtmmimmmm Km iuyi'j -.tVx VT mmi m LUJW m ijwavgagi 1VV-AJIS wiMm i i . ., ;.. -s) .1 A , TV.- iff I Miniciiil Bems There are eighty-nine Municipil issues listed in our Bend Circular. They mature from one te fifty years and yield from 4 te 5.20 KWAili1 .1. . tarci. K8V ' MPS. Ask for Circular F-ll Harris, Ferbes & Ce Pn St., Cor. William NEW YORK Philadelphia Orfici Wldenar Bldg. Telephone Spruce 7040 jL Spruce 8200 Georgia Ry. & Power Ce. 25-Yr. 6rc Genl. Mtge. Geld Bends series 1922 m n? m SECURITIES IirrARTMENT COMMERCIAL TRUST COMPANY lUmtwr Federal rUeerre f.itfm City Hall Square, West wwfiaiiirauTaH.HKEfiiiEaiiiJ'j'Jir.affl'lHiimTO ESTABLISHED 1865 BIOREN & CO. BANKERS 411 Chestnut St., Philadelphia Government. Municipal, Railroad and Corporation Securities Vemitra b'ew Verfc and rMI&dtlphta Stock Exchange Bin rilH nueMi vsmmmmmwimmmK I We Own and Offer I 1 City of Brisbane I i ThtM bend af the capital rlly Ijll I l of Qneeneland art paand baede II I I and are sold as batlt te lln J yield atr 6 earraar. n I Wisinu Ites. Pniushmu H P Meam,7aV4ee' n L eVrv wi Sttti txttt, pi II jl veeat wattaemea it, r ii. rYOUR INCOME can be incraastd by building. An efficiently designed and well-constructed business home cannot fall te reduce production costs. JOHN N. GILL CONSTRUCTION CO. Caaunrrriaf Baildintt, Ficleriti, rufitolieru and' 5mlr Werk Utla liulldlnr rilllDKl.PHIA GEO. A. HUHN & SONS Matabara of the rhlladalphla. N.w Yerk and rhlmcn MecM Eirhauat New Tork Cotten Esrhanie STOCKS AND BONDS bought and sold for cash or carried en conservative margin. Dallctur Toert IIMa.. Mia Walnut M. .N.V.. Ill Ureada-ay Orders Executed far caab or en a cenaarvatlve mar. ' final fcaala, In all aaeuritlea llatad ea ID, tw rerk Meck Excbaeja. Larft or amall Ieta. McGLINN & CO. Mtmkttt Ntw Yerk Stock Exchangt Widener Bldg., Philadelphia Naw Verk Ueit .it (r Guaranteed Stocks WM. W. FOGARTY LafajreHe Builtiiag IS-H Slain (Ml ?jrttffi "I' 'L . . : PRICE MOVEMENT MORE IRREGULAR New Highs Made Before the Conflicting Currents Started te Set In New Yerk, Aprlt 24. While in creasing Irregularity marked the mere. i ment of teda's stock market, n nam I ber of Issues established new high rco rce 1 erds for the current mnvement. Most fef the new tops were made during , the early trading, ns following the first neur the nmrket encountered cnnnirt ing currents which kept prices very irregular. What few developments there were ever the week-end were generally re garded favorable te the nmrket. This Ini'liirler! thp mnrn nr'Mirftrliitf rennrtR from the Genea conference, which were directly reflected In the steadiness of , foreign exchange. In the favorable I bank statement there ai found prom- Isc of a continuation of nn easy money I market. The nlentlfiil simply of call funds was confirmed In the opening rate of .'!( per cent for demand leans, while money wa reported te be offered freely in the outside market at '- point under ! that rate. Se far as thp general trading pro pre cam was concerned, there was little in the way of novelty. On the contrary. It was mueh the same constant shifting anions the various groups and the familiar whipping up of the (.elected Hsues. which, apparently, as in the re cent sessions, was for the purpose of facilitating profit-taking and peel dis tribution. At the same time the mar ket still appeared te be fortified with the support of underlying buying orders which were uncovered en the reactionary 1 turn. Still the movement of the main j body of stocks indicated u growing two sided character te the trading, which hecame mere conspicuous as the session progressed. 1 There was evidently a heavy accumu lation of bujltifc orders ever Sunday. I the execution of which made fur the buoyant opening and the new high , record prices for Mich shares as ftcnernl . Electric, rullman. Norfolk & Western and New Haen. The market revelled 1 Its course sharply before the end of the. ' first hour en liravj -ell nip of meters, oils, steels and investment rails. Gains of one te two points In General Asphalt, Midvalc, Sless-Shejlicld. Crucible pre ferred and Republic Iren preferred were offset by losses of one te two nnd a half points In Bethlehem. I'liited States Steel. Colerado Fuel. California and Mexican Petreleums. Sinclair. Mack Truck, Lima Locomotive. Studcbakcr. Goedrich, Central Leather and American Telephone. Among rails Atchison, Illinois Central and At lantic Coast Line reacted one point each, the list wavering almost as a whole before neon. Commodity Markets H GRAIN MARKET Chicxge, April 24. The wheat mar ket epenel irregular with the May price 'be te l4e higher, while the new crop months were unchanged from Stturdaj. Early in the da an caslci feeling de de velepcd and May broke te t!i, pteilniis close and the ether position!, declined jc te Ajc under active felling hv mm- , mission houses. Cables from Lhcipoel : were a mtie uiappetntiui;. aitneugli prices wete ad higher at the dote. Cern advanced 'e te e at tlie start en the wet weather, but cased off par tially with wheat. Oats, advanced 'Jc and ruled steady with narrow changes. Previsions were easier en a decline of 10c te 13c in the hog market, which offset an advance of a shilling in the Liverpool lard market. Cern Sat. i-leia npn 1 ! M. May 1V n a: m July ... . 85V H.1'4 6 tw W, Septembv Ct'i V t : Wheat May l.aT'4 14HVil ID 1.4R Julv l.SJ'.S 1.201. 1 2S' Septembar . . 1.29 1.20 1 IBS Oate May . .. Ssi 3V .I''. .11 .luly . ... 4t Aftt 41' 4H Stinmber 42' 42 Rya Mkv 1 13li July 1.0S 1 O.t l-rd May 11.0D 10 5 Julv 11.25 11.15 . . Bid. COTTON MARKET New TerU, April 24. The cotton market was opened in Ita temporary quarters at 00 Wall Street this morn ing without a hitch and, while busi ness was net active enough te fully test the new trading fleer, brokers found that ample prevision had been made for all details of market machinery. Because of eelling by New Orleans and apet houses, May contracts opened 2 points lower, while later months, In flueneed by rains in the Southwest and buying by commission houses, started 3 te 11 points higher. Wall Street and Liverpool sold the new crop de liveries moderately. Later, dealings In creased and prices advanced about 8 puinis auevc iimiui icvcis Rat. Ted us' a cleaa ''j" it.ht ,.,... 17 12 1 T 00 17.55 open 17. 0 17.ST 17 -17 M 17.RU 17 M i r. m 17.08 17. f 17 17 May July Octebar . . , Deemtr , January .. March .... NEW YORK COFFEE MARKET New Yerk, April 24. The local cot cet cet fee futures market opened irregular this morning. 3 points higher te 1 point lower, en the improvement in the Bra zilian markets, where Santes had re gained much of its earlier losses. May sold off te 10.10c after the. call. Otherwise, the market at midday showed little change. There appeared te be little diposltlen te sell contract airrrcl val hpre. ntrlnv ti rhn fnef that Brazil has net followed any of the declines here. Consequently, the eisparn.v DPiwrrn i ins innriiri hiiq 1119 producing centers is new wider than nxfi.r. .lat r!tM Opan " 14'1S in op, f S4 a 7A7H T My ... July t Stpambr Pcimbr Marrh ... Did .... i" i a a i . . . 10 ntqni .. . U R4SS5 ... 75 .... 9.74 LIVESTOCK QUOTATIONS rt)raa, April 34 CATLK n'ipu, 24 008 bead fit't elfcr npnlnc 15e te 3Sa loner. Tep. aarly. JS.00. bulk and euallty te atl! at $7 38yS.lB. aha Meck, wink te If.c lewer: bulla, tittny 10 weak, rulla, ativk. tre and feeder aldy. eat calvee te pack er! meitly around 17 best te packer. $7 5f. . Ilrhter welghta, $8.50 shippers paid JS 50 ft a rtOGS ne:lpti. 4.1 OHO head Active. Ilhti meatly 10c tewar ethera, lOe 10 20u nr than Stturday's erai Tep, $10 55, bulk. JD.Otn0.t)0, p' kirn; em weak In lfie lewHr pita, rteadv, 18 25 ft I e. HHSEP Ilecelpts. 17 000 head. Klllinit claeeea. 2lr higher epeta up mere: inrdlum 1 te aoe'l atrenjr ueltht wneled lamba. 115.50 beat net ed reed te choke GQ.peund ahern ' lamba. 114, ahern ynarllnra and twos 112 20, 1 (aw woeled wei clown, ahern. 18.75 down; few ntl Bpnnr lamba te city butchers I M7. rttuburah, April 24,CATTLB- -Re-alpte I mefi hrad Steady .1lre. IS 259 8 40 halrara uv ,m. . eoue .na, re calpta. 1800 head. Lewer. Toe, 0.25. lteri Raratpta. 700S head. Iltavlei, fl0.90lll heavy yerkara, Hint yerkera and ture" til 15411.25 5TtJIBEP ANDIMTIS TtK.lpts. 4009, head. Illfher . Tep aheap, 18,75; top lamba. 115. ,-v. --- ..-' -.-... r . BANK CLEARINGS Bank daarlnsa today, esmeartd with tor ter ra.nendlnr Offcast we f,"' me neatnn.. 141,000.000 tS3.SS3,S2S M,M0,M7 N?.Ti , . SSS.injUOOO S7S.141.84l aQ0,i. I NEW YORK STOCK EXCHANGE TRANSACTIONS Dlv. In I 1:80 P. if. 6714 Net Chga. Sales 100 900 800 1000 400 1400 100 1100 1C0 100 900 300 4500 100 400 100 100 100 100 300 300 400 300 2600 900 300 1900 100 1600 200 5400 1503 5600 100 1500 200 100 2900 300 100 300 100 4800 300 100 1000 200 3700 500 200 3700 600 5700 100 1000 500 35 1300 4000 3400 100 12900 200 100 100 . 200 2000 200 2300 3100 1443 1200 2900 1100 1100 400 3200 1400 400 700 900 3500 1000 100 1300 300 1100 1600 1300 1700 300 3400 1200 1100 400 2300 1800 1200 200 4900 200 200 100 4000 1400 100 7500 1500 1400 2100 5600 900 900 2700 11000 STOCK lllch t.eer 67J4 19(4 17(4 664 107 51 99 394 67 Ji 41 (4 46 Ji 163 47 H 105)4 16214 12H 254 6H 141 li 16)4 70 109 ae(4 45 '4 12 334 1154 1154 90 714 17)4 58 39 4 100 74 H 100 35)4 123 M0 14 101)4 13614 31 14 92 10514 3414 19)i 44J4 53 '4 49 )i 544 100IS 91 !i 2H 101 H 414 33 1000 25)4 117)4 48 61 "4 54 (4 35)4 1'i 34 75)4 78 '4 6)4 2 22 H 20 113 131 H 41 (4 7 94 29 U 27 13)4 77 ?4 55 7'4 143)4 5H 37 H 71 Vi 37'4 754 65'i 8J4 18)4 28 '4 48 J4 84 22 'A 28)4 45 '4 76 67(4 46)4 96 64 96 19)4 28)4 65 57 304 524 85 34 16 76H 115)4 13)a 66)4 1024 40)4 64 '4 88 4 2214 94)4 16 35 63 20)4 121 Ji 116 107)4 27)4 5 9U 769 )4 173 20'J 85 !4 134 22)4 15 81 )4 94 H 12 41 96 H 184 16J4 4 62 !4 64i 74 H 102)4 164 12V4 79U 93)4 40 H 904 26) )4 75)4 414 3114 12 16 8314 2'4 20 77 '4 19 8 107)4 4)4 41 14 3'i 9 35 26 97 '4 20)4 83)4 19 47 67 18)4 8)4 30)4 4 20J4 424 ?7H 58 5)4 48 K 1011-4 108 104 32 19, 144 56J4 66 62 , Adami Hxpress.... 67 U . Advance Ilumely .. 194 . AJax rtubber 17ti 4 Allied Them ft Dy. 6714 7 Allied Chem & D pft07H 4 Altls-Chalmera .... 52 7 Allls-Ch&lmers pf , , 99 . Am Agrlc Cham,... 41 U . Am Agrlc Chem pf. 67 J4 . Am licet Sugar. ... 41 ti Am Bnaclt Magneto 46(4 1 Am B Shee Fdy new 163 ft . Am Can 49 7 Am Can pf !05'4 2 Am Car A Fdy.... 163 . Am Chicle 12H . Am Cotten Oil 254 Am Cnig- Syn 6tt 8 Am Expres 141 ft . Am Hide A Leather 16',4 . Am ttlde A Leath pf 70 7 Am Ice 109J-J 6 Am lc pf 8014 . Am tnternnt Cerp.. 46H 1 Am -La, France Eng I2J4 Am Linseed 34(4 6 Am IiOcometlve ...117 7 Am Icometle pr .1154 4 Am Iladlater 92 . Am Safety Jiaser... 74 . Am .Ship ft Cem.... 18H Am melt 58 Ji .". Am Steel Foundries 40i " Am Steel Fdys pf. .100 Am Sus.ir Kef 764 7 Am Sugar Kef pf..100 . Am Sumatra 35H ! Am Tel & Tel 124J4 2 Am TobHCCe 140Ja fi Am Tobacco pf newlOI ij 2 Am Tobacco TL. ...1367i . Am YVatrwks 6 pf 31 '4 7 Am Woolen 93 H 7 Am Woolen pf 195?e . Am Writ Paper pf . . 34V4 . Am 7.lne Ld & Smlt 19Ji . Am Zinc Ld & S pf 44Ta . Anaconda Copper.. 34W Ann Arber pf 49 4 Asse Dl Ooeds.... 54!4 K Atch Tep & San FelOITi C Atch Te & S F pf 91 H Atlan nir & Atlantic 3Ji 7 Atlantic Coast LlnelOIH Atlantic Fruit 4Ji . Atl Gulf & W I S S 34 19H 1074 51Ji 99 41 'a 67 Ji , 41 -46J4 4- 163 -484- 105)4- 162)4- 12H- 234 6H-1- 141)4-16)4-70 109)4 , 8014 46H 12 -33J4-I- 116)4- 1I54- 92 7)4- 17Ji 58 -39-K-100 t-75J4- 100 -i-3SH- 123 -1404 4- 101 )4 136J4 31 )i- 93 -105T4 4 34J4 4 19(4 . 44J4 4-53?-49(4-54(4 4- 101 H - 91H- 3(4- 101H-4(4- 33 -1010 254 118 -484-61 (4 4 5494 -J-35(4 . Ua-- 34 -76 H 4-78(4- 6)4 4- 2H f 23 - 20 - 1034 - 1 33 14 f 414 4- 7 -94J4 4-294-27 -13)4-774 4 55 - 7)4 . 143)4- 54 4-374-71 -37 )4 4- Atl Kenning 1010 Austin Nichols.. .. 2616 7 Baldwin Locemotlvcl 18, . . Baltlmore & Ohie.. 49 4 Baltimore & Ohie pr 61 . . Barnndale Class A 56 . Bnrnadale Class B.. 35J4 . Bntepllas Mining... 1 !i . B.iyuk Bres 34 f Bethleheiii Stcel ... 76Ji 5 Beth Steel B 79 ?i .. Beeth Fisheries.... 6J4 .. Brooklyn L'dlsen rts 2 .. Bklyn Rapid Transit 23 H .. Bkln U T ctfa of dup 20? .. Brltlyn Union (.;a3.103?i S Burns Bres A 1 33 U 2 Burns Bres B 41 H . Butte Copper & Zinc 7'i 7 Bush Term Biff pf. . . Butte & Sup Cep. . . . . ButtcrlcU . . Cadde Ccn O & R. . fi California Packing. .. California Petrel... 31 '4 28J4 13H 78 55' . . Callarmn Zinc & Ld 7 10 Canadian Pacific. . ,144'i . 5? . 38H . 72!, . 37 Ji .. Case (J I) Plew.... Central Leather.... . . Central Leather pf . Cerre-de-Pasco . . . fi Chandler Moter. . . 4 Chesapeake & Ohie. 7614 65 H 76 - (4 65(4 4- 14 8J4 - !i 19 4j 1 28J4 4- 14 49 -;- ji 84 .. 22)4- 14 28)- " 46 4- 14 76 - 67 14 4- ' 47 - 4 96 4- 14 64 - J4 96 1914- ! 28 (4 - 14 63 - 14 57 Ji- H 31 !i - H 52J4 4- Ji 85)4 .. 4 16)4 4- 14 764- ?4 116 - 1 13)4 .. 66)4 Vi 102J4- K 40)4- i 64H- 14 88)4 1 224- V, 94)4 14 16 - )', 35 63 - (4 204 4 121 Ji- 14 116 - 14 17)4 V? 27)4- !4 5 94 14 769)4 - )i 175 2)4 21 4 1 (4 85(4- 4 134 14 22 Ji- (4 15 - H 81 4 - H 944 4- 1(4 14 4-4(4 44 4- 3)4 97 1- 1 184- 14 16Ji- )i 4 - 62)4 2)4 65 114 74 J4 - Ji 102)4 .. 163 4-1 124- 14 7914- 4 93)4 - (4 404 - 1 (4 90 4- A 26)4 - )4 . . Chicago & Alten. . . 914 . . Chicago & Alten pf 19 .. Chi A B II (new). 29 Ji 4914 814 221-4 . . Chi & K III (new) pf . . Chicago ft Gr West. .. Chi Great West pf. .. Chi Mil & St P 28 46 H 764 6714 .. Chi Mil & St P pf.. n Chi & Northwestern 4 Chicago Pncu Teel. . . Chi P. I & Par. 47 ! 7 Chi Ttl & Pac 7-e pf 96 .. Chi St P M & O.. 64 !i . . Chi St P M ft O pf 96 .. Chile Copper 19J4 .. Chlne Copper 28 Ji . . ciev Cln Chi ft S L 65 4 Coca-Cela 584 .. Cel Fuel ft Iren.... 32 3 Colerado 4 Southern 53'S 6 Celum Gas & Klec. . 85 Ji . . Celum Graphopheno 4 Cel Graphophene pf 1 !4 4 Cemput Tab Bce. . . 77 J4 7 Consolidated Gas...117 . Consel Textiles .... 13H 100 .. 1600 4 7200 2 Vi 300 .. 100 1 400 100 , 100 ., 200 .. 200 .. continental can.... usii Cern Product Ref. 10314 Ceeden ft Ce 41 H Crucible Steel 64 H Crucible. Steel pf.. 8814 Cuban Am Sugar... 22 Ji Cub Amer Sugar pt Cuba Ca.ne Sugar. Cuba Cans Sugar pf 9414 16 35 63 20 4 Davisen Chemical 2002.36 Debeera C Mln Ltd 100 9 Delaware A Hudsen 1 21 Ji 500 100 200 100 100 20 1200 3700 800 2100 1300 100 1600 100 500 3600 400 2500 500 1700 100 12800 200 200 600 9500 Del Lack & West.. 116(4 S Detroit Hdlsen 10714 1 Deme Mines 27J4 . Duluth Se S ft At. . 5 . Culuth Se S ft At pf 9 0 Eastman Kodak 76914 2 Llec Storage Bat... 175 . Elk Hern Ceal.... 21 U 5 Endlcott-Jehnson .. 85 V4 . Erie 1 3 Ji . Erie 1st pf 23 1 ; . Erie 2d pf.... 15 8 Famous Players L. 82 8 Famous Players pf. 944 . Fed Mln & Smelt.. 14 4 Fed Mln & Smelt pf 44 8 Fisher Bedy of O pf 97 . Flsk Rubber 18Ji . Freeport Texas. .. 17!i . Gasten Wms ft Wig 6 Gen Am Tank Car.. 6214 General Asphalt.... 663 fi General Cigar 74 7 General cigar pf. ..102H 8 General Electric. .. .165 General Meters .... 1 2 J4 fi Gen Metera deb 6 7914 7 Gen Metera deb 7 9314 Goedrich B F 41 14 7 Goedrich B P pf. . . 904 . Granby Cen M ft M 26 Ki , Granby rta !i 7 Great Northern pf . 75 Ji 4 Great North Ore ctfa 41 J4 . Greene Cananea Cep 32 . Guantan-ime Sugar. 12 . Gulf Mobile ft Ner. 16 . Gulf State Steel . 84 Ji . Hablrahaw El Cable 2V4 . Hendee Mfg Ce.... 20 , . Housten Oil 78 1 Hupp Motorcar .... 19 14 . Hvdraulle Steel.... BJ 100 fi 100 7 400 . 100 7 100 .. 2800 .. 1000 7 300 4 700 .. 100 .. 100 .. 1700 .. 800 .. 100 .. 800 .. 5800 1 400 .. 100 7 200 .. 1 300 1200 2 1900 .. 75)4- 41 - 31 Ji -12 -16 834- 2)4 . 20 4- 78 - 19)4 8 -117)4- 414 . 41 J4-3)4- 9 -35 f 2694 4 97 J4 I- 21K 4 G4 4 19(4 , 794 . 67 18J4- 8(i !- 30), - Ti , 20 '4 42 94 274 . 58 - 5)4 , 4894- 101 Ji 108 f 104 - 32 -19)4- 144 4-36i-66 -62(4 4- Illinois central iuja Indlahema Ref.. . 4(4 Inspiration Cen Cep 42 Interb Cen Cerp. 3i Interh Cen Cerp pf 9a 300 2'j Int Cement Inter Comb Bntf. . Int Harvester new. Int Mer Marine. . Int Mer Marine pf . 35 26?i 9714 21 K 84 '4 700 600 5300 , 7500 6500 , 100 200 2100 100 , 100 , 1000 200 100 , 1200 200 2 900 2000 , 700 100 100 6100 , 4300 100 2100 , 100 1000 3 International Nickel 19H International Paper 47 4 Inter Paper pf stpd 67 Invincible Oil Cerp. Iowa Central lien Products Island Oil Jem-el Tea Jenen Bres Tea, . . . Kan f'ltv Southern . Kan City he pf..., Kansas ft Gulf..., IO?4 (HA 30 U 'i 20 Ji 43)4 27Ji 58 514 49 Kelly-Spg Tire. Kelly-Spg T 8 pf. .101 Ja .108 .104 . 3214 . 194 .144 . 5714 Kelaev Wheel Kelsey Wheel pf... Kennecett Copper. Ke stone T & It. .. Kresge S S Lackauauna Steel. Laclede Gas of St L 66 Lehigh Valley 62 H Raw Sugar Market Unchanged American Suear New Tark, April 3 Tha raw cucar mar kat ramaina unchanaad with aurar for April ahlpment nuetnl at i!,V tu 2t cnta cot nn.l frafiht. an1 for May ahlpmant at ".'H enta, mat and freiaht. Arrlvala of rawa en Sat urday IncludH SO.OOO bara Cubaa tn th National Hunr Ileflnlnr Company; SS.nnO h.a tn thA Vner Kuaar Ftennlna: Cemnany. irrai riii4 market baga coiemniana pries rantina 2 per cent for Par allver was aa.aan Uai te ltnpertra, 1Q.O00 huu u. um iUv a4, Ma Dlv. In t STOCK tilth 7 Lima Locomotive 1 ., 1 1 2 14 7 Lima Locomotive pf 1 1 1 .. Le-ewe Ce 174 1 J.eft Candy 12J4 .. Loese-WUes Biscuit 49J4 7 Loest.Wllea B StJ ptltS 7 Louisville.) ft Nash..! 20 Ji A Mackay Ces , . 90 t Mackay Ces pf.... 644 .75 Mclntyre new It .. Mack Truck Inc.... 49)4 ? Mack Truck 1st pf. . 85 7 Mack Truck 2d pf.. 784 .. Malllnsen ft Ce.... 21 H 4 Manhattan Et Sup.. 694 7 Manhat Kiev Guar. 44 2 Manhat Shirt 39 J4 6 Mar St Ry pr pf.. 63H .. Martin Oil 31 H 2 Martin Parry 3214 .. Max Moter Class A 68 14 .. Max Moter Class B 10 H 8 May Dept Stores. . .120(4 12 Mexican Ptrelutn13SJ4 7 Mex Petroleum of. .191 Balee 1100 100 r 700 300 100 100 800 100 100 700 6700 1100 100 .100 2300 4900 300 700 10300 9100 5600 300 600 6300 100 Lew 110 111 1794 12J4 49 Ji 113 120 90 64(4 18(4 46(4 8414 784 21 66)4 4t4 39 63 3014 31 H 68 20 119(4 132(4 191 SB 37 J4 1294 9 15 39(4 19(4 24 38(4 71 4 21 Ji 33 16 38(4 93 111 13(4 64 1794 904 68 72 44 34 Ji 61 2314 28 194 107(4 75 59)4 42 Ji 77)4 3194 13 3 1894 138J4 15(4 65 36(4 11 70)i 15 58(4 6494 58 794 144 4194 1094 87 31 68 3814 38)4 24 47)4 994 5494 61(4 35 88 )4 20 70 (i 106)4 82)4 33 40 12714 90 94 39(4 33(4 24)4 1694 76 94 33 70 18 32 4 1 58(4 84 J4 7(4 62(4 e-714 33(4 14 30(4 32 47)4 494 2094 894 13 75(4 994 32)4 44(4 48(4 90 94 25 584 1064 180 11494 84 102 40 J4 33)4 1214 109 594 594 3694 394 2)4 11 Ji 43)4 42)4 3494 274 23(4 129 69 92(4 31(4 1114 66 2094 138 76)4 33 94 143)4 30)4 16J4 33)4 69 4 94 48 65 94 65)4 1034 41 9894 118 66 94 17 42 94 3494 78)4 30 13 10)4 32)4 2194 14 1144 20)4 24 64 90 62 94 I0 21(4 49 994 15J4 894 394 45 85 20(4 162)4 53 H 74 9 V H H H Ji Hi ' H (4 Ji W 14 14 )i 14 IJ4 H 49 84 68)4 20 120 133 - 191 ?a ?2V 914 13(4 24 4 33 f 16 39)4 93 111 1314- 694 1794 9194 68 724 900 2 Miami Copper 29 J4 58001.20 Middle States Cerp. 19(4) 25900 Miqvaie eteei 39 Minn ft St Leula.... 1314 Me Kansas ft Texas 9)4 Me Kan ft Tex (wl) 154 Me Kan ft T pf (wl) 40 Me Kan ft Tex 1 aw 19)4 Missouri Pacific... 244 1)4 14 4 2300 400 12800 4500 200 1200 900 300 10600 10(1 1000 4700 100 100 100 100 1100 2200 200 200 100 100 32400 4400 100 400 100 2700 500 500 100 100 19700 100 1000 100 300 300 100 2B0O 100 4700 2600 200 100 100 3100 1700 100 200 200 200 500 1100 200 8700 700 400 1100 14 J4 14 H Ji 4 )4 Ji 14 (4 H H H )i H 4 U H Ji 14 H Me Pacific pf 58 Ji Mentana Power . 72 Montgomery Ward.. 2214 Mulllns Bed . 33 National Acme,... 16 Nat En ft Stamp.. 394 National Lead 93 National LeaQ pf. .1 71 Nat RRef M lat pf 1314 Nat R R of M 2d Pf 64 Nev con Copper. ... 174 New Yerk Central.. 92 New Tork C ft St L 68 N YChlStIi2 pf 724 New Yerk Deck.... 34 Ji New Yerk Deck pf. 61 New Yerk N II ft II 2714 2 New Yerk Ont ft W 29)4 . Norfolk ft Southern 194 7 Norfolk ft Western 1 07 H 4 Norfolk ft West pf 75 6 North American.... 60)4 3 N American pf ctfs. 42)4 6 Northern Paelfle... 77 J4 . Neva Scotia S ft C 31 4 . Ohie Bedy ft Blewer 1 3 . Okla Pred ft lf... 3" . Orphaum Circuit... 184 8 Otis Elevator 1404 . Otla Steel 15!! . Otis Steel pf 65)4 2 Owens Bett Macli.. 36)4 . Pacific Devel Cerp. . 1 1 5 Pacific Gas ft Elee. . 724 . Pacific Mall 13 3 Paelfle Oil 58Ji 6 Pan-Amcr Petrel .. 63 6 Pan-Amer B 68 U . Panhandle 74 . Parish ft Bingham. 144 2 Pennsylvania R R. . 42 . Penn Scab Steel. .. . 104 C Peeples Gas Chicago 67 ' . Pere Marquette.... 31 6 Pere Marquette pf. 68 3 Philadelphia Ce.... 38 4 2 Phillips Pet 38 J4 . Plerce-Arrew Moter 244 . . Plerce-Arrew Met pf 47)4 . Pierce Oil 10 5 Pierce Oil pf 354 6 Pltt3 Ceal 614 . Pitts & West Va.. 35 107)4 75 - 39 Ji- 42(4 77V4- 3194 13 3(4 L894 140 94 15)4 65 - 36)4- 11 7294 15 5894- 63 58 794- 1 94 42 104- 87 31 68 3894 38J4 24H 7)4 994 5594 61)4 35 88)4 4- 20 70J4 106(4- 82Ji- 33 -!- 40 14 Ji !4 V ''4 Hi (4 114 )i '4 )4 34 H i X 4 1)4 114 1'i 100 fi 1300 l!- 1000 B 400 8 200 .. 8100 .. 200 .. 4800 S 200 6 100 .. 1700 2 ntts ft W Va pf... 88)4 Pend Creek Ceal... 204 Pestum Cereal 71 Pestum Cereal pf..107 Pressed Steel Car. . 83 Producers Refiners. 34 Producers Refln pf. 40 Pullman 12914 Pub Sen-Ice of N J 90 H Pllnta Alaarj. Slinr 3fit4 Pure Oil 33 Ji 1003.41 Rand Mines 24 600 .. Ray Cen Cenner 16J4 3800 4 Readme? 78)4 100 100 Remington Typewrit 33 Rem Typewrit 1st pf 70 Rels ft Ce 18 Reptegle Steel 32 J4 Replogle Steel rts.. 1)4 Repub Iren ft Steel. 39 100 400 2400 1400 400 Rep Iren ft Steel pf 8514 4600 Republic Meters. BJi 31005.20 Royal Dutch N Y. 63 48J4 33)4 144 2500 . . Reynolds Teb B . , 100 .. Rutland pf 100 1 st Jeseph Lead... 400 .. st Leuis San Fran. 30 H 400 . . St L S W 32 700 .. St L Southwest pf. 47)4 100 .. Santa Cecelia Sugar 44 200 .. Savage Arma 2114 100 .. Seaboard Air Line.. 84 100 .. Scab Air Line Pf... 13 1300 .. Sears-Roebuck .... 7694 100 .. Shattuck Arli Cerp 994 24300 .. Sinclair Consel 33J4 400 .. Sless-Sheffleld 43 100 .. Se Perte Rice Sugar 4814 3400 Southern Paolfle.... 9194 2800 .. Southern Rail 2594 3000 .. Southern Rail pf... 3B94 700 4 Standard Oil of Call 074 100 fi Standard Oil of N J 180 1200 7 Stand Oil of N J pf115 300 7 Steel Tube pf 84(4 MOO 7 Stern Bres pf 102 1200 2 Stewart Warner Spd 41 (4 300 .. StrOmberg Carb.... 56 18500 7 Studebsker ,.123Ji 100 7 Studebaker pf 109 1500 .. Sub Beat Cerp 6 500 .. Superior Oil Cerp.. 594 100 ,. Superior Steel 3694 700 .. Sweets Ce of Amer 3J4 100 . . Temt Cem ft F "A" 2(4 1100 .. Tenn cop ft Chem.. 12'4 6700 3 Texas Ce 46(4 300 .. Tex Gulf ft Ship.. 42 Ji 2700 .. Texac ft Paelfle.... 35)4 1600 1 Texas ft Pac C ft O 2694 800 .. Third Ave 24 100 .. Tidewater 'OH 129 500 6 Tobacco Produets.. 69(4 100 7 Tobacco Pred pf.... 92)4 400 . . .Tel St L ft W ctfs B 31 J4 3700 .. Trans Cen Oil 11J4 100 6 Cnlen Bag ft Paper 66 3600 . Union Oil 21)4 1300 10 Union Paelfle 138)4 300 4 Union Paelfle pf.... 76)4 200 .. United Alley Steel.. 3394 100 8 United Fruit 143(4 5100 6 United Retail Stores 31 (4 500 .. United Rwy Invest. 17 700 . . U S C X P ft Fdy.. 35J4 100 6 U S C I P ft Fdy pf 69 700 ..US Feed Products 3 1300 ..US Ind Alcohol... 48)4 500 ..US Realty ft Imp 66)4 1300 . U S Rubber 66 200 8U3 Rubber 1st pf..104 800 ,. U 3 Smelt ft Ref.. 42 17300 CUB Steel 99 400 7 U S Steel pf 1184 600 2 Utah Copper 67)4 100 .. Utah Sac , 17 1400 .. Vanadium Cerp.... 43(4 100 ., Va-Car Chemical... 344 100 .. Va-Car Chemical pf 78(4 100 6 Va Iren coal ft Coke 50 4000 ,. Vlvadeu Inc 13)4 3800 .. Wabash 10J4 2900 .. Wabash pf A 334 200 .. Wabash pf B 22 4800 1 Weber ft Hellprener 134 700 ., Western Maryland. 11J4 200 .. W Maryland 2d pf. 20(4 400 ,. Western Paelfle.... 24 J4 500 6 Weatern Paelfle pf. 64(4 100 4 Wtstlngliouae A Br 90 3000 4 Westing E ft M.... 6314 600 .. Wheeling ft L E... 10)4 300 .. Wheeling ft L E pf 21 (4 1400 4 Whlte Moter 4994 2400 .. White Oil Cerp.... 10J4 900 .. Wlclt SpencStCerp. 16J4 1200 .. Wlllya-Overland ...li 300 .. Wlllya' Overland pf. 3994 1400 .. Wilsen ft Ce 46(4 100 7 Wilsen ft Ce pf, ... 83 300 .. Wisconsin Central.. 3U 1 00 8 Weel worth Ce 1 62 J4 300 4 Worthlngten Pump. 33)4 200 6 Werth Pump pf B. 74(4 100 .26 Wright Aero 9 a Ea.dlvldend. t Bx-rUhts, !i 14 Ji 14 H I I ?4 )i Ji ' Ji! H (4 I 9a H I !i K r.eflnln Company and 2J00 MONEY-LBNDINQ eena man 10 uii iriei. Th i unrhanaad. with Hat NBW TOSJl Mnr n call, (r9m fi.SS te 0.40 cantl, leaa caali. or collateral, opened today at SH per cent for lending and renewing. rrTTLAnra.rHIA Call. S per eantt time. fi per cant; cemmarelat paper, three te alx Art 8ILVIR Hd bulbar In Londen' te- rnentna, a te t rr BROADER INTEREST 1:80 Nat P. M. Chge. 11094- 114 111 IN LOCAL STOCKS 174 12J4 120J4 90 4 ?r4 14 14 3 1!4 14 Mere Interesting Price Changes Occurred in the Usual Inactive Issues 94 14 lr- 784- 114 - (4 2114 69(4 3lil Trading in the local stocks, while net up te recent record, showed de cided broadening tendency, reflecting in turn a widening of jntcrest which w especially noticeable am6ng the Inactive shares. Prices ns a rule were steady, but without any important change in the mere prominent Issues. American Stores remained among th strongest features, with the common selling up te 114, or within l1, points of the high record, while the two pre ferred sbsres established new "tops nt 151. The mero Interesting changes oc curred among the inactive stocks. West Jersey and Seashore advanced n point te 3i, equal te the year's high. Ac cording te tlie beard reports, there is little stock in sight nnd nny widening of the demand would be certain te carry the quotation much higher. This is net surprising In view of the knowledge of the steady accumulation of stock for the last six months. The steady Improvement of earnings which premises nn early resumption of dividends en the preferred stock ac counted for the continued advance in the American Railways shares. The common crossed 0, while the pre ferred had a geed market at 42. Com pared with less than a year age the position of the company is a little short of 0 revelation, and practically all the things premises by management then have been mere than fulfilled. On comparatively light trading Brill was csrrled un 2S5 points, te 44:Ji. 14 94 '11 1 -i- U ii Va Ji J4 li 14 94 94 1 94 14 2(4 (4 li li 94 14 ili 14 1 1 '14 1 34 J4- 9i 61 94 27(4 2(4 29 1 1994- 14 v 1 li "l4 " 14 V H i 14 American Ship was brought in parity with the New Yerk quotation, but rep resented a gain of 1J14, from the previous sale. Buffalo and Susquehanna, which bad been neglected for some time, sold nt 80, or ever 11 points above the pre vieus sale. Cramps was nrm at ui. Kric Lighting shaded Vi under the ini tial quotation made Saturday. Pennsylvania Hal I read shaaeci trac trac tienully. The directors en Wednesday will declare the usual quarterly of 1 per cent. Had it net been for the cenl strike there was every probability of the beard restoring the old rate of 1'i per cent. Lehigh Navlgatieu also sur rendered IV points of last week's big nihnnce en realization of incensintencj of making nny change) in the dividend policy of distribution uhilc the big ttrikc is in progress. Moderate realizing was apparent In 14 P. R. T.. bringing a fractional reaction 94 44 94 14 "2)4 te 3'J. Philadelphia F.lectrlc issues re mained firm near the top quotations of the current movement. U. G. I. sharci also shaded, but Mere neglected. Philadelphia Stocks 2!i "l4 14 114 14 "l4 .44 !4 14 94 ' 4 li "li li li 114 194 94 li 9a 1.15 Net P. M. chse. High l.ew 641 Am Strs..1l4?i 111 42 de 1st pf.151 151 15 de 2d pf.151 1D1 111 1 151 351 t Vs JUU Anmmpe: Cem .... 18 r Am Gas.. 03 30.-iAmRw.vs. O'i .10 de pref . . 42 10Buff&Stc 8 325 Brill ,T G. -14i 37 Lrie Light ing Ce... Sift 10 Gen Asph. G4R 40 In Ce N A 35, 100 Key Tele.. 03i 20 Lake Sup lO1! 04OLch Nav.. 77'i 15 l'cnn Cent Light pf. 55 533 Pcnna R H 42 10 Penna Salt 73 15 Phil InsW34:-s lOPhlla Ce cum pf... 3S 252 Phila EIcc 211 308 de pref. . 20?, 851 Phila R T 32yi tl Phila Trac 07 300fPltts & W Va 31i 300Tone Ilcl. 1?i fiOtTrans Oil. 12 15 L'nlenTrac 41 Vj 38 01 n 12 80 13 25 i 04?; 3.U4. 934 1014 70 55 73' 34 38 28T4 2n;8 32 67 18alvi 03 1 42 -j- 14 80 11 Va 41?42i 2584 Va 12894- 9094 77 -33 4 70 18 - 3294- 1 - 59 65 814 62 94-47(4-3514-144 . 47(4 494- 21 Ji 894 13 4 76 -994 324 -44 94 -25 -59 10694- 180 4- 115 84 102 4 41 4-5514- 122 - 109 4594-4214-35)4 27 94 2314 . 129 - 6994 9214 31(4- 1194- 66 4-20)4- 138(4-76(4-3394- 143(4 35J4- 69 - 5 - 48 -6394-6394 104 4-41(4-98(4- 11894-6694-17 4-424-394 h 13 , 22 4 1394 , 24 -64 90 4 63 1094 21)4- 49 -10 4. 16 - 814 4 85 4 31 162)4 53 94 74(4 4- 9 04ft 35 ti. lft 0 li 10?4 Mi 70 lVi 55 ... 41Ts- Va 73 .. 34T, ij 38 .. 28J4- 4 ni v. li 32 07 34 32 41. 44 tt 03 U 8 37 32 .. 41 Vi.. 444- if, rati- li 8 .. 37 1 300 U G I.... 4491 fit 305 de pref. . C3',4 50 War I & S 8 250 WJer& S. 37 05 W Cramp & Sens. 51 51 51 t.N'et change mad bv oernparleon with l&it tale 011 New Yerk Bteck Exchanae. rmrDELraiA bends 3000 Amer Gas & Electric 5s. . . 1000 Klettric & Pcople's 4s 7000 Phila Electric "1st 5s.... lets 114 1 '4 14 14 li 70 n7.i' HXMiPhi'a KlcctriclstOs. ,(-rj tl 3000 Phila Electric 6s lets 3031,4 7000 Phila Electric Os lets 303 2000 Reading general 4s 85 Financial Briefs 94 The nverage price of the twenty ae tive Industrial stocks advanced 0,25 per cent en Saturday te 03.40, while the twenty railroads advanced 0.04 per cent te 84.84. 94 li 14 94 li (4 94 14 94 1!4 14 114 li 14 14 14 '4 H 94 li 9i 14 Ji 14 Ui 1 14 14 i 194 li 94 'li Virginia Iren, Ceal nnd Ceke Cem pany reports for quarter ended March 31, net less $81,047 nftcr interest, taxes, etc., against net less $71.tl98 preceding nuartcr and net income. S171 . 35(1 bame quarter 1021. uian-iuaiie augar company reports for the year ended February 28, last, an operating less of $5,802,705 and a deficit after income, taxes and the de cline In stocks, etc., $5,007,016. uuiceunteij Treasury bins vhlch are the principal Items iu Germany's float ing debt, nave risen ns of April 20 te 2715,500,000,000 marks, compared with 273,700,000,000 April 10 and 271,000, 000,000 nt the end of March. Total deficit en Canadian Government railways last jcur, somewhat larger than had been expected, totaled $72, 340,000. or $1,086,000 less than in 3020. The reduction In dcSeit was only 2 per cent, in spite of a reduction of $20,000,000 in operating costs. Liabilities of United Stales Feed Products Ompsny total $30,1106,830 and its assets $57,842,806, according te a schedule filed in Federal Court at New Yerk. Liabilities Include claims by banks for $11,201,200 for leans, trad credits of subsidiary companies en open accounts aggregating $16,880,. 040, "drawers sueum pay accounts of $8,550.00 $200,485. 000 nnd disputed claims of The Butte and Superior Mining Cem. pany in its annual report for 1021 shows miscellaneous Income of $72,713. Net cuiTnt assets en January 1, 1021, were ?.HIW,.IV, ,.,nn.,,A .. ...Mil tut UIPIIUOJ tlen of $3,002,470, while the balance of surplus December 31, 11)21, steed at $2,764,654. In the balance sheet De 2 3 1J4 li 14 14 14 cember 31 current nnd working asset were $2,049,007, compared with $3, 145.807 for the previous year. The Brazilian lean expected today has net yet been signed, but will prob ably be floated this week. Bends will be nffered both in Londen and In New Yerk for an issue aggregating 0,000, 000 at 7 per cent. This twenty-nre or tlitrty-ycar operation will refund that of December last, made in Londen, This was n short term Umip for 10, 000,000. 5,000,000 'of which was te RATES hetb clMiaa ee rereivaoie ey urnziuan uevcrnmcnl alter nn interval was secured by Brazil. of six months. ceuee deposited Voluntary Trusts ZSWLLWrw auav ' lfTjigggai ' iHPljj awveiiaa tilLn TJNDER a Voluntary, or Living, qrt ' you have the advantage, while you are living:, of seeing the fund administered according; te your wishes, with the certain knowledge the Trust will continue te func tion after your death. e The purposes and uses of the Trust may be altered from time te time, as you may think best, te meet changed conditions. The income may be made payable te you for life, . with right of disposition of the -principal by will. Such a Voluntary Trust may be created by the deposit with this Company of cash or securities in any amount, and may be in creased by additional deposits at your convenience. Furthermore, it may be irrevocable, or revocable at your pleasure. Without Obligation en Yur Part our Trust Officer uUl b pleasej te diacuti with you the above and many ether advantages of this service. COMMONWEALTH Title Insurance and Trust Company N. W. Cor. 12th and Chestnut SU. Eatebllthes ISM Capital, $1,000,000 Surplus, $1,250,000 nrresiTP iieceivf.d SAPK UETOS1T BOXES 6AVLVGS rCNO S. S. Kresge Company Sales since 1912 have increaied 400 while the increase in the number of stores has been but 140. The ever-jrewina; patronage of these 5 and 10 Cent Department Stores by the buying public is convincingly revealed. What this tremendous growth in selling ability means te the owners of Kresge Common is explained in our Circular. Copy en request for J-95 Geerge H Burr St Company 421 Chestnut Street, Philadelphia Chicago San Franciice New Yerk St. Leuis Lea Angeles Bosten Hartferd Portland, Ore. Seattle W effmr Mubject te prier $al $250,000 Baltimore & Ohie Railroad Company 670 Secured Notes, Due July 1, 1929 Te Net 6 These notes are reported secured by Reading Company stecka with a market value of approximately $33,000,000 and alto $17,000,000 Baltimore & Ohie Railroad Company bendt. Full particulars upon rsmuttt HARRISON & CO. BANKERS 106 SOUTH FOURTH STREET PHILADELPHIA Msmbsrs Ntw Yerk aft Philadelphia Stock Exchanf BROKER, MEMBER STOCK EXCH,NGE Desires an Asseeiste of High Standing and Experience In selling eecurltUs, with a clientele and ambition te become In time hla partner. rrfnt engagement la the dl dl rlbutlen of an 8 Preferred Stock Itsue of an old estab lished Philadelphia manufac turer en attractive basis, Strictest confidence observed for replies te r. e. n us i. ritiia.. r. $12,000 Life Insurance at Age 36 for $10.08 Per Menth kj J ",P4Mr f"Wuty fi!S. V?" ,."u ' n'rh and lar What tl a Menth mil re far V.ii PEARL & SUDLOW AGENCY "DfUKidable Insurance hint may i I, p..-. TITlBd 1NTJCD TKUSTS ftXSetlTSD BONDS Specifically secured by mort gages net exceeding BOT&of the valua of property pledrw- Price te yield ever 7 Mackie,CROuseCe. REAL TOTAtK TRUST ", Walnut etse ' Stockwell rcurmnm Wiben & 4aS WZ-e'-'H'T' OAH i . " i r ( J . .( Jlf-, , yfitjiH K.'.?-)lr ..u... M.t vtV. .'j'l.'e. ,. , mv,..,, s-', ?U
Significant historical Pennsylvania newspapers