5EKPHHBRHI9flH9BeniHHH E532S1 WW "'"' ".IVTrPW ) "i";i Trv n - ' BBBBBBBBBBBiaBBBBBBBBaBBBBBBBtiWiBBBBBBBaBBIBBbl BB BBT alal.M.l ijl " Ji ' il'iiffpiaTWwyiTwi' "' I' 'IRJ. JJ.IHUJ iilililUX. ' ' j ' i ' ' ii ' a .. i i "ill i'IV, i. iui.i liit nU .;i '.?V SWKI tt Ft I HI jr., ' l r vmswfx ...as 1 F . j rfrn mrelina, (Jlinchfietd & Ohie Railway faafeeuat Trad t'k CM Net We offer the 1924 te 1935 maturities at prices te yield about 5.50 te 5.75 Aicerclliu te maturity Circular en reuuejl The National City Company PkUadalaMa 1417 Cfcaatnut SI. Atlantic City Chalfoet Black J 122S Boardwalk Sftfl. J KV'l Municipal Bends There are eighty-nine Municipal issues listed in our Uend Circular. They mature from one te fifty cars and yield from A'e te 5.20 ',e Ask for Circular F-ll Harris, Ferkes & Ce Pin St., Car. William NEW YORK Philadelphia Offle Widenar Bldx. Telephone Spruce 7040 . ii it I?'". t Bends Payable In Foreign Currencies The pound sterling in terms of dollars has ad vanced about 23 from January, 1921. The cur rencies of Sweden and Denmark have alto been approaching par, while the Swiss Franc is new at a premium as com pared with American cur rency. These advances indicate the opportunities that exist in certain securi ties, the interest and principal of which are payable in various foreign currencies. Our list of such bends en request. Hemphill, Noyes CD, Ce. , aVsataara ftr Ytk Stuck Ztahmnga Franklin Bk. Bldg., Philadelphia tfrv Yerk Beat Scraatee fi If? ia CH" i. B Albany !.". f K- r, i.T Iv t V I'- YOUR INCOME can be increased by building. An efficiently designed and well-constructed business home cannot fail te reduce production costs JOHN N. GILL CONSTRUCTION CO. Ctmmtrcial Baildingi, Factories, Initiation and Smaller Werk t.i Oil, llullillnr I'Mir.ADKI.I'IIIA fe Schuylkill Haven, Pa. ' Gas Sf Water 5 Bends .1 Yielding 512 l'rllfular en Itaiurkt V. W. MILLS & CO. Stock Exchange Bldg., Phila. 3 Ji NEWByRGER, JEMERSON LOEB ,leiibrnt New Yerk and Phtiiidfliiltin .Slee.' 'li'vcluihffti 1410 Chestnut St. i m fcftejeasaaaw MlK RKVUItNa AVUITt H9TEil3 tt.Vrva'-ai.t. aa A.m aa. Mvmmm niwirp w L'SttWV '-V" i' g" "hf " fa? I We Own and Offer lllll A Pennylvania Indus lljll trial Bend, Tax Free, at lllll Prce te yield 6.60. Ill Hill Pennsylvania Public JUII Utility Bend, Tax Free, ml at a price te yield 5.7S9r. H WiDiMta Btoe PNiue:LHiA P I Armttri Pii 'i.Vrtij hmJ VJ Au Jvi iwt tstift'l ' aaw s niuinii n u BA, Ac I LI? tvMtem!f . 10 Ml GROUP 100 tee MOO 100 200 100 100 2100 200 20 100 200 100 200 100 200 100 20 i 100 100 20 100 300 300 100 100 100 3300 100 100 300 100 3200 1603 tee 200 2600 1700 200 400 100 2500 784 Ready Absorption of Heavy ' Profit-Taking; Sales in ' Recent Leaders i New Yerk. April 26.lt was an oily market today, with mere than 40 per wit of .the dealing belnic supplied by the nctrelctim group. While this par? licular division of the list was being whipped up by unmistakable peel tar tics, the trading In the main body tf stocks was again without tletlhUe char actor. I'ricei continued highly irregu lar and at interval;; vcrv ilrtlnltp ic- i actienary symptoms were apparent. At the outset the cheaper domestic J oils were made the principal attraction en the further advances In prices of j refined product. There were, however, during the morning man; substantial I accessions te the forward movement in I he group, embracing Standard Oils of I New .Tcrev and California, l'aelfic, California Petroleum. Housten, Asso ciated and l'ieice Oil prefeired. Gesilcn t was the favorite of the low-priced ' shares. Liberal distribution In ether parts of the list wa discernible under the cecr I of the. buoyancy of the oil group, but ! there was the same ready abruption of I theve heavy profit-taking sales which , net only served te held bearish aggies 'slvrness in cheek twit at the same time indicated continued expansion of thr outside participation and proved con clusively the public is still speculatively bullish. It was also noticeable that the trad ing falls off en the declines, showing the agerneM of the se-called public te fol fel low a rising market and u similar re uctnncc te tiilp advantage of moderate reaction-". This p etiological element undoubtedly accounts for the constant 1 hitting of the peel operations and fre uient switching of the manipulative i maneuvers. ( The same Indifference was paid te tl.c bickerings of the (,onea Conference. 'tvhlch was altogether logical in view of 100 100 800 100 100 100 4400 100 1700 tee 600 1300 100 200 100 16 200 300 100 3900 3700 100 11900 2000 300 200 3500 100 100 1100 1000 100 100 200 300 300 1500 3100 300 1100 1200 2100 1200 1500 100 400 500 300 200 1030 303 N 200 8200 7800 500 700 900 1900 1400 300 7030 the ract that the foreign exchanges re flected little concern ever the confusing advices from Italy. There were, how ever, unconfirmed reports en the street te the effect that I.Iejd Geerge, and M. Hartheu. head of the French delega tion, had reached an agreement In prin ciple en a Kurepean non-aggression ract. Mere attention was given te the l. S. Kteel quarterly statement. On the surface this was less favorable than when analyzed and altogether was cpn cpn slderebly better than the market com munity expected. It .supplied cenvinc- ' tccl Industry within the last six weeks. Fer Instance, as compared with the re turns for January, March operations showed a recovery of 85 per cent and the net Income for the closing month of the quarter was the largest for any similar perler since February. 1021. j Commodity Markets GRAIN MARKET .Chicago, April 20. The wheat mar ket advanced V6' te 2c at the opening, with May shdwing the greatest gains. Karly In the day price changes were feverish. May easing off ever a cent, while the new crop months were firmer. The Liverpool market closed $id lower, which was n peer response te our break yesterday, but there was mere or, less covering. Buyers, ns a rule, were timid en account of uncertainty ever develop ments in the near month. There were evidences of some exnert inquiry. Sales yesterday were nlaeed I 500 300 200 2500 100 700 100 100' 100 7800 19500 600 3100 100 200 200 10800 400 at 1,123,000 bushls, but exporters were, net disposed te d!se'ee the extent of j their orders. I Wern opened 3se higher te Up lower' anti ruieu steady witn u fair demand from commission houses. Oats advnnead ic te l-c, and were quiet and steady. Previsions were dull and eay. Hogs opened steady. . . . ... . . . . i ri-vlnun 1 I'M. nil', It4, tt? 1 l'.'. 1 rs' 1 10'. 371, MIS 4I. Clet r. .J.. (!1! Open Corn Cern May . ' Julv Iwat Mn r JjIv . Supt. "bj- Jul) - nit. Mai Lril Ma I'll i,i Hl'dfl U(!, if (14 1 4(1', -1 S7'.' 1 la, '40 11.07 1 I 2 a 1 41 1 .'S 1 1 25300 D'l 1500 100 103 100 13)0 700 1002 100 200 600 500 100 1630 100 8100 5000 1000 200 100 2200 100 45 JO IdOO 200 100 2900 300 230 7030 luO 1500 3 DO !00 2000 100 2J0 1790 500 2100 600 1300 3700 200 700 800 100 1200 1390 ."74. a 401, 1.00 37U IHJ, 1(1 97 COTTON MARKET New Yerk, April 26. Cotten traders bought this morning ou the continued rain in Texas and first prices weie 7 te 12 points ever last nJght'.s close. Japanese Interests sold July and bought January and spot I houses bought July and sold Mav. CommfsMen houses were en both .tides J of the market and New Orleans was i ' bujer. IJoem tiadeis, later, became .el!ers ami offered the market off u few i points, but met geed support from coin- ' mission houses, which laused a sec-1 end upturn .il th end of the firit twenty minutes. . Vrr Ieuf i ieh. iiiiri Mm Is 07 IS Jii tui 17 7 1 17 sr, October . 17 7.1 17.S.' !;cnilisr . 17 ;j n dj Jiii'Wrv 17 III 17 7ft Mann 17 lill 17 7SfiSi) 1 Oil l l' M , IS oil 17,78 17.7 17 SO NEW YORK COFFEE MARKET New nrl. April 2(1 The ceffee fu line meiket opened 12 point" higher te .'! peiiit lower this morning, belated Mn,v shorts bidding thai month up. The Itln ruble-1 were peer and promoted some sfnttcu'il selling in tin late posi tions M,n sold up te 1l.2li, ,1 in'! Xuiii el l'i points Il i- icpeiteil that soiue et iln liitget innrisi- ulm tool, pielit ou long i nu ll u t si (i wim U or se nge in nutlilpntiun of meie siibstantMl muttons than lmvn jcl e"( 1111 eil me htlll bullish en the gen eral ltn;itlen. but are waiting for de icllne en which te repurchase. Mny-)iiitdotlen late in the foicnuen sent that position down te JO.lOc or 11 points bfilevy the Initial advancn te l(J.2lc, Inter months holding steady. M- 10.0n07 '10.18 jui uusurioeo ii.imbe,'. 8)0 1300 203 100 7100 8100 4600 10O 4600 100 400 2500 703 300 5600 400 sll inltr UTtlTITT UilUT Uri nil)tr edTJ "7 M- 0 I'.CI Uk 1 (nftc-i 11 1;.' DIVIDEND6 DECLARED .' vmiwru Miiiln? uirpany. iuaitcrl 3 pr tern pajaUi ,Mj Hi te stock of rfen) April I'll. minim tfi uempjni, 'luaiu'ris -. cenn, i pay . j. June I te ,Unlc of rtcerd Maj 10. J. a. White i emDHtir. nuarlerlv 1 V, pm cint en preferred rccurd Mty 1fj pjyauie June I in mech et Naw caioraue fwi ana iron company guar- terly J per cent nn preferred, payuble M 1 .' in siecK 01 reuuru .viay ,,. I Turmnn OU Comeany. tnent Turman Oil Company, monthly 1 per cent fetelgiw for tlio.mentha of Apll. Slay ntid June pjy-' ,1H able ilas. June and July SO te stout or "-- rrut"pSb'rjU,),,K11f'Verc" tnent"' em dumb .111, .... glllltlt'is eit ninn iruiivn niiewcii p Van lUalte. ciuerlnrly IS pur cent en pre- , , , .. , , ... , ., t ,' ferreii tuyuiila June l te stork of lecerU iiiniked decline. Inquiry (lli-cleseil that VllJ'l IP .. ,. ... .1 ..nn.lnl.,,. of tl II, .nmn ,.t ,1... AVn'liV ,'"yUW9 Ml l'''", ,l"c'v,,t uce" llem.il ,vire-itan uraki i aninanv euarierl) I1, " OTui UiUi't -Driilre und Uecl feinpiiii qua'lrrlv !i 11 ent ii.tbc JIny 13 (, Htii) of riMerd lay h. fin tii Illinois Hatirnnd CeimUDi, iiuitterl) 1", per cent, pajable ui.-j 1 te atoek of record May 3. I American Tobacco Company, quarterly 3 ucr cent en A und 1 rommen, payable June l te atockief record Jluy lu. 4.11 0,21; lire 1wi.i,iw'hii'i.iiii , iiw, uuar.eriy 8)4 per cent, payable jiaat M t stk pf f lines mmmmmmG'rzfflAFM' . ; 1:S0 Nat 'STOCK 'lt!h 114 41 tt IB tow 68 !4 1054 48?, 17K I H 111 66 107 50 40 67 V4 414 '72 46 P.M., cage. .66ft'- ft ii& .. 66 - ft 107 - 4 50- ft 4v tee .. Adams Ktpresst,... . Adtanea Humtly .. 3 Advance rtumely.pf. . A lax Rubbar ...... Aiasna Geld uitiM K Alaska Juneau a M i Allied Chem ft Dye. 66 & 7 Allied Cham ft D pf107 4 AUla-Chalmera ,u.. 51 . Am Agrlc Clicm ... 40 .. Am Agrlc Chein pf. 67 14 . . Am meet Sugar, i . . 41 y i Am Beet Sugar pf. 72 ,. Am Besch Magnate- 46 4 Am B Shea Fdv naw 61 e ft ( , 4114 72 ' 46 f 61 -104ft 48 r 162ft' 119 124 25 - 55 ft 6ft 141 -15ft 69 - 108 -80f - JHU 33H- 115 - 7 , 18i .b7ft 97H , 93 39 - 75 - 1 00 ft J 34 H 122H 140ft 136ft 101 ft 4 30K 91 H- 106H 19 ft 43 -53 ft- 47'4 r 5614 834 f 115ft 100ft- 91 W 34- 32H- 1075 115ft 4H- 25 -1154- 6071 1 7 Am B She V pf hew 104 H 1 104i4 e" -n : ," - 12 Am Car ft Fdy...162V4 162ft i Am car . Fdy pf.,119 . . Am Chicle i.. 124 .. Am Cotten Oil 25 .. Am Cotten Oil pf . . 55 .. Am trugSyn S'A 8 Am Express 141 Am Hlde ft Leather 1514 . Am Hide ft Leath pf 69 7 Am Ice 108 Am Ice pf 80 .. Am Internal Cerp.. 48H 1 Am-La, France Kng 12f Am Linseed 33 H 6 Am locomotive ...115 . Am Safety Itaxer. . . 7 .. Am Ship ft Cem.... 1814 Am Smelt 57 Ji 7 Am Smelt pf. ....'.. 97 H . . Am Smelt pf Sec A 92 3 Am Steel Foundries 39 X .. Am Sugar lief 76 H 7 Am Sugar Her pf. .10014 . . Am Sumatra 34V 8 Am Tel ft Tel 122H 1! Am Tobacco. ......14014 12 Am Tobacco B 1364 Am Tobacco pf nerrlOl & . . Am Watrwka pf 30), T Am Woolen 92 7 Am TVoelen pf 108H .. Am Zlne Ld ft Smlt 19' . . Am Zinc Ld & S pf 43 .. Anaconda Copper.. 53 H . Ann Arber pf 47 ft 4 Asse Dry Goods.... 57 H T Asse D Cloede 2d pf 8394 C Asse Oil 115 6 Atch Tep ft San FelOl Y G Atch Tep & S F vt 91 H . Atlan Blr ft Atlantic 34 .. AM Oulf ft W I S S 32H 20 Atl Iteflnlng 1075 7 Atl Refining pf,...115J4 . . Atlantic Fruit H Austin Klehel 25 7 Baldwin Loeomotlvet 16J4 . . Baltimore ft Ohie.. 48 . , Bamett Leather.... 50 .. Barnsdale Class A S4T4 .. Barnsdale Class B.. 3594 . . Batopilas Mining. . . 1 !i 5 Bethlehem Steel 74 Vt 5 Beth Steel B 78H .. Brit Km Steel :d pf 26(4 .. Broektyn Edisen rta 2H . . Bklyn Rapid Transit 23 .. Bkln R T ctts of dep 19 la .. Brklyn Union Qaa. 100ft' . Brown Shee 48 8 Bums Bres A ....... 1 34 2 Burns Bres B...... 41 7 Bush Term Big pf. 97 . . Butte Copper ft Zlne 7 ft .. Butte ft Sup Cep... 30ft .. Butterlck 2694 .. Cadde Cen O ft R.. 13ft 6 California Packing. 80 .. California Tetrel... 56H .. Callahan Zlne ft Ld 7K 10 Canadian Pacific. .. 142.' i .. Carsen Hill Mining. 13J4 .. Central Leather.1... 38 . . Crro-de-Palce .... 37 . . Certain-teed Pred . . 45 6 Chandler Meters... 7614 4 Chesapeake & Ohie. 654 .. Chicago .& Alten... 9Ki .. Chicago & Jlten pf 18ft .. Chi ft B Itl (new). 35 H . . Chi ft E 111 (new) pf 55 .. Chicago ft Or West. 8H .. Chi Great West pf. 22ft .. Chi Mil ft St P.... 28 . . Chi Mil & St P pf . . 45 5 Clil & Northwestern 75 ft 7 Chi ft Northwest pfllO .. Chi R I & Pac 46ft 6 Chi R I &Tac 6 pf 03 ft 7 Chi RI& Pac 7 pf 96 .. Chi St P M & O pf 98 ft . . Chile Copper '. I9H . Chine Copper 28 U 4 Coca-Cela 5714 . . Cel Fuel ft Iren 31ft Cel Fuel ft iron pf.102 3 Colerado ft Southern 52 Vt 6 Celum Gas ft Else.. 89 H . . Celum Oraphophene 5J4 , . Cel Oraphbphene pf 19i 4 Commit Tab Rce... 794 . . Consel Cigar 2714 Conael Dls Ins Consolidated Gas...117H . . Consel Textiles .... 1 3 ft 4 Cern Products Ref.104iB 119 124 25 38ft' 6ft 140Ji IBft 69 108 80 46 12ft 33H 11D 7ft IB 57 ft 97 H 93 384 75 100ft 34 H 122H 13914 135H 101ft 304 91 Vt 106H 19ft 43 524 4714 5614 034 114 100ft 91. 3 '4 32 H 1075 115ft H 25 115ft 47 ft 50 53ft 33 ft 114 74 ft 774 26 Ii 2K 22h 19ft 10014 48 133Ji 40?4 9614 6J 29 ft 2654 12Ji ee 55 ft 7 54 14154 13!4 37 Ji 37 43i 76 ft 65 9 1854 33 ft 52 84 22 ft 27 54 4454 74J4 109ft 454 83 ft 96 98 1 8?i 28 ft 57 31ft 102 52 ft 88 ft 474 19ft 79 2754 H 117ft 13 104 41ft 63 ft 88 22 54 15J, 344 61 5J 21 121 26 ft 5 10ft 172 20 85 14ft 24 16 20 82 ft 45 97 54 184 17 4 6I54 63 74 164 12 ft 794 414 9054 26 ft 75 41 1654 39 82 2ft 78 19ft 74 107ft 4 7 40 fj 3 54 9ft 35 26 111 23 83 H 18ft 03 18ft 8 ft 29 10S 42 M 29 fOft 1 1 4754 50- 1 534 1ft 3354 -f 1ft 154 .. 74Ji 1 774- ft 2654- ft 2H .. 22H-19J4- 101ft 48 - 133J4 41 -9Q-6J4-29H-264-13ft 80 -53ft 754- 141J4 13ft 38 -37 45 76 ft 65 -9 1854- 54 Ji ft 14 ft H H la Ji 54 ft 1ft ft H 4 ft ft 34H 53J4 254 84- 2254 4 27ft 44 ft 75 - 109ft-45H-83ft 96 -98 ft 1854 - 28 ft 57 -31ft , 102 1 5254 88ft 5ft 19ft 79 U7J4 13 - 104ft 42 ft :r 64 88 22J4 -15Ji-35 614 21 121 -2654- 54 ft H 4 54 154 ft 54 54 54 ft ft 'ft ft 4 K ft ft 1 ft H 4 14 ft ft ft 'ft 2, Cosden & Ce 43',i Crucible Steel 64?. 7 Crudble Steel pf . . 88 .. Cuban Am Sugar, '.. 22 54 .. Cuba Cane Sugar. 15?i .. Cuba Cane- SURar pf 35 4 .. Davisen Chemical.. 61s 36 Dehpers C Mln Ltd 21 9 I.rlaware & Hudsen 121 1 Deme Mines 26!4 . . Duluth Se S & At. . 5 .. l?uluth Se S ft At pf 10ft 12 Elee Storage Bat. ..172 .. Elk Hern Ceal.... 21 ft C Endlcott-Jehnson .. 85 .. Erie 144 .. Erie 1st pf 25 .. Erie 2d pf..., 16J4 , . Fairbanks 20 I Famous Playera L. 82 ft ft H ft 1 1ft 10ft f 172 -20ft-85 14 2454 16Ji 154 20 82 54 ft 45 - 54 97 54 10Ji- ft 17 ?4 4 Ted Mln & Smelt pf 46 J, I Fisher Bedy of O pt 97 V2 .. Flak Rubber T9ft , Freeport Texas 17 i , Gasten Wms ft Wig H 6 Gen Am Tank Car. . 61 14 Gener4! Asphalt. ... 54 14 fi aeneral Cigar 74J4 8 General Electric. ..164 . Genaral Meters. .. 12?4 6 Gen Meters Pf 79 H . Goedrich, B F 42 7 aoedr(ql B F pf. . 90?, . . Granby Cen M & M 26 . Granby rtg, ft 7 Great Northern pf . . 75 4 Great Tlerth Ore ctfs 41 . Gulf Mobile ft Ner. 174 .. Gulf Meb 4 Ner pf 39 Ji .. Gulf Slate Steel.... 04 ,t Hablrahavv El Cable 2? .. Housten Oil 79 'n 1 Hupp Motorcar .... 1954 llvdraulle Steel.... 7, 7 Illinois Cenir.il ...107Ji ,. indlahema Ilef . . 454 ,60 indiar Refining.... 7 .. inspiration C'cn Cep 41ft 2 Interb Cen Cerp..., 3i .. lntcrb Cen Cerp P 9H 61 54 164 414 904- 26 -Ji-75 41 174 J9Ji 82 54 - 2)4 78 h 19ft 74 11 7 J, J- 4 7 I 40 H - 3J4 9H-r 35?i 26 ft 111 23 4 84 54-18J4-83 18ft - 854 i 29 ft - I ft 54 ft !4 1H Ji ft 1 9 1. let Cement 36 U 2 Inter Comb Eng.... 26ft 7 Ipt Harv new pf.,,111 , Itit Mer Marina.... 24- 6 lilt Mer Marine pft. 05 l'i .. International Nickel 10H 6 Internet Nickel pt., 83 .. Invincible Oil Cerp I8H . Iowa Central . ..,, 8)4 .. Iren Products .... 29ft .. Island Oil Ji . Jewel Tea ... 9J, . Jenes Hies Tea.,.. 42, .. Kan Cit Hayteein. 30ft 4 Ivan City he pf.... 59 J4 19J4 - 42 J r 29 59 ft FOREIGN EXCHANGE Yerk, Apill 20. Theepculng ,ii bles 15,52, checks 15.50; Danish cables 21.20, checks 21.15; Norway cables 19 j checks 18.05; Swedish cables 25,08, Checks 25.03 ; guilder cables )S, checks 37.05 ; marks .35. Central Emotion exchanges vu-rq ir- exchange market this morning Pnl.ie,. i . HI ..II ,,f ,i. rilin. - ' " ' ' w" ibS"rS ,,h ,1,e ""P""" ?f regular. 'notations uric: Greek. 'i11"""11"; '" "" """,""" "' "" cnnfeiciire Is Imgelj icMWiUble 1 i ..vi ; J'lnnlf'li. (iron. iiuiik'ui itui. ,ni;i . Oiinlnll.iMs U..IO. JllgO-Slllvillll, .3S' si.n.ll.... ,.1,1,. II- T.1II u...ll VIIhTCnDAVa Slcrllim 15 - 10; fjanc cables 0.22, phecks rumand Cables 4,4."i 4,42!. Uclglau cables 8.40. checks 8.45: cables 5.33, checks 5.32; Bivissj iWiW, (iiefgs4if.iii; nneta eg ( "4 . ftsita ll" " STOCKS , Jtiuh ,. kaha.ftTaufMj. rjj4 ,.. Klly4lp Tlra.!.:..8tS, vKelaey( Wht, . ,, . 108ft ... Kennieett Copper., 32 .. KeyatenT.j,v 21 M ... I-ackawanna RtMln 7ft . . Laclede dai of Ht V 67 k. T.aW Vf m. sir... iai, 1 '.1 . t ' 400 3100 100 200 2000 4700 2600 300 IOW . ftV 50 1tt4 ail Zlft 86 67 17ft 6241 114ft 110ft 17H 149 120 44 as ft 18 1800 100 7 Liggett ft Mvern nfliaU 500 7 LlniM ,Tlmmn)l... I t Ii 2000 100 100 2800 100 :a J,0?r Ce -.., 1J Lerlllard Tobacco;. 149 7 Louisville ft Naah..l20 ..Mack Truck Inc.,.. 46 H' ' OAli nm .. . i '"sis ,l pi.. iin 1 11 Molniyre new Iftft 4200 i fliannat Kiev Guar. 51 ft Manhattan El Sup.i 67H I Manhat 'Shirt 39ft Mar St Ry pr pf.. fSft'' , Mar St Rwy 2d pf , . 28 Marlln Oil 304" .. Martin Rockwell... 19J4 9 Martin Parry 31ft .. Math Alkali........1 29 '.. Max Moter Claaa A 6 . Max Moter Claaa B 20 ft S.May Dept Sterea..UOft 12 Mexican Ptreluml31 ft 7 Max Petroleum nf..,894 ! Miami Copper..,. :.' 29 ft 20 Middle States Cerpj ISft .. Mldvale Steal 39 .. Minn AStLeuig.... 12 ft ..'Me Kansas ft Texas 11 .. Me Kan ft Tex (wi 17 ft . . Me Kan ft T pf i w) 41 .. M K ft T pf 1st aw 20ft 494 1100 300 1300 100 900 700 200 100 2300 200 feo 10500 20O 51001 3600 200 100 20600 3400 303 1600 3300 300 100 2300 100 7200 200 100 400 500 67 94 -39ft - 62-J4 28 294 18J4 31ft 29 . 6Bi 20 120ft 1294 894 29 ft 14ft 37 ft 12ft 11 17 40 20 ft 18 24 ft 58 ft 70 ft 22ft 3 41ft 92 111 144 ft - 54 ft H 54 um n as iex 1 mw m . . Missouri Pacific... 25 .. me i-acinc pf 39 7 Mentana Power v . 7054 . . National Acme. ... 21ft .. Nat Cen ft Cable,. 3 . Xat En ft Stamp.. 43 6 National Lead 92 ft 7 National Lead of . . 1 1 1 .. Nat RRef M lat of 144 Nat R Ref M-2d Pf 6ft H 14 4 ft 54 l 6ft 600 ("v con copper. ... 17 , ami OIl m i. sii i.iiiin 1 nT, inX I Verk C ft St L 67 ft 67 ft nn .? Mw Yerk Central.. 904 904 sf en 2 '4 Hew YerIs Deck . . . . 34 54 34 ft S ; 5Jw erk Ont ft W 284 284 ,1m I orfeIk Western 1 07 H 107ft J400 E North Anrnrlnn. KQT4 KO ft 1 Ii, 100 a J American pf ctfa. 42 54 . North Amer rls ... 7Ji 6 Northern Pacific... 764 . Ohie Bedvft Blewer 13 2 Ohie Fueli Supply. . 48ft . .Okla Pred ft Ref... 354 6 Otis Elevator t?f. .. . 93 ft . Oils Steel ,. 15 J Owens Bett Mach.. 354 . Paclfle Davel Cerp.. 13ft 6 Paclfle Gas ft Elec. . 73 ft 3 Paclfia Oil 59H 6 Pan-Amer Petrel .. 63 J 6 Pan-Amer B 56 J4 . Parish ft Blngha.i,. 14" 2 Pennsylvania R R.. 4Ui . Penn Scab Steel.... 11 6 Peeples Gas Chicago 88 . Peoria ft Eastern. . 15 . Pere Marquette.... 30J4 5 Pere Marquette pf. 074 3 Philadelphia Ce.... 394 2 Phllllpa Pet 41 . Plerce-Arrew Moter 24 . Plerce-Arrew Met pf 464 . Pierce Oil ie?i 8 Pierce Oil pf 62 0 Pitts Ceal 65H . ritts ft West Va.. 35ft Pitts ft W Va n . . RQ .---.v... . . wv, . 42 ft ft ft 2100 3700 400 100 7600 100 100 300 6900 200 17000 1000 200 300 1300 10000 1600 100 1200 100 I BOO 1 6300 500 200 14900 1600 8200 2900 100 7ft 75 94 13 48 ft 3ft 95 ft 15 35 12 73 57 63 56 ft 14 4194 10 87 15 30 ft 67 38 J 40 23 ft 46 ft 10ft 60 63 H 34 89 21 Ji 72 106ft 82 ft 97 34 Ji ft 127 54 39 33 ft 16ft 77 ft 48 31ft ft 37 85 ft 8 47 ft 61 30 32 47 ft 34 0 13ft 75 13ft 46 ft 32 ft 43 90 54 25 58 107 179 114Ji 4054 56' fti !4 H 2200 154 Pend Creek Ceal... 224 ' e inium cereal 73 100 8 Pestum Cercal pf,. 106ft .. Pressed Steel Car.,, 83 7 Pressed Steel Car pf 974 .. Producers Refiners. 36ft .. Pub Serv Cerprts. ft 8 Pullman 12854 .. Punta Alcgre Sugar 39 2 Pure Oil 34ft .. Ray Cen Copper. .. . 1654 4 Reading 78J4 2 Reading 2d pf 48 .. Replegle "Steel 32 ft .. Replogle Steal rta.. 154 .. Repub Iren ft Steel. 594 .. Rep Iren ft Steel pf 85 ft . . Republic Meters. . . . 84 .. Reynolds Teb B.... 47ft 2 Royal Dutch NY.. 63 .. St Leuis San Fran.. 304 .. St L S W...v 32 .. St L Southwest pf. 48ft .. Saxen Moter 34 ,. Seaboard Air Line.. 8H 900 100 9500 2400 2100 300 5300 2700 2800 100 1600 900 8600 100 200 1003 32033 200 200 1500 100 300 200 1200 600 14 .. 8eab Air Line pf... 13ft .. Mears-itoebuek . 77 Seneca Cep Cerp 134 464 324 45ft 600 3V Shell Transport. T1600 Sinclair Consel. 900 3100 4100 100 4700 2700 1100 800 200 16200 300 2300 200 1700 1700 6200 3400 1200 3400 10 1300 200 2CJ 1700 100 200 2100 300 100 200 50J 100 200 200 1500 300 200 12500 300 4500 400 200 10400 600 600 300 1100 ' 100 .100 400 700 1900 200 1000 200 500 500 200 800 700 1300 500 200 800 700 1500 100 100 100 600 . . Sloss-Shetfleld 6 Southern Paclfle. , . . auji . . Southern Rail 254 . . southern Ilall pf... 58 4 Standard Oil of Call 09 C Standard Oil of N J 182 7 Stand Oil of N J pfllS 3 Stewart Warner Spd 41 . . Stromberg Carb. . . , 56 ft 7 Studebaker 122J1 ii 'i Sub Beat Cerp 15'4 5 .. Superior OH Cerp.. 654 5 .. Superior Steel 36 54 . . Sweets Ce of Amer 3J4 .. Tenn Cep & Chem.. 11 Ji 3 Texas Ce ,. 4654 .. Tex Gulf ft Ship.. 44 .. Texac ft Pacific... 35 1 Texas ft Pae C ft O 28ft . . Tex Pae Land Trtist4l0 .. Third Ave 25 C Tobacco Produets.! 70 . . T S L ft W pf ctfs B 44 . . Trans Cen OU. . . . . , 1 1 Ji 4 Transue Wm Steel. 41 t Union Bag & Paper 63 ft . Union Oil 21 10 Union Pacific 138Ji 4 Union Pacific pf.... 76J4 7 Union Tank Car pfl05 .. United Alley Steel.. 35 8 United Fruit 142J1 .. United Rwy Invest. 16(4 .. Unit Rwy Invest pf. 32ft 6 United Retail Stores 51 J, .. U S C I P ft Fdy.. 35 ..US Feed Products 5 ..US Ind Alcohol...- 51ft ..US Realty & Imp 65 ft ..US Rubber 66 54 BUS Rubber 1 st pf . . 1 04 ft ..US Smell ft Ref.. 40 ft C U S Steel 9BJ, 7 U S Steel pf 120 2 Utah Capper 66 54 .. Utah Sec 17ft Vanadium Cerp.... 4314 . Vu.C.ir Chemical.. 34ft fc 'u lien coal & Coke 53 . Vlvadeu Inc 13 54 .. Wabash 10 Wabash pf A 32 Ji .. Wabash pf B 21 ft 1 Weber ft Hellbrener 16 94 .. W Maryland 2d pf. 20ft .. Western Pacific... 23J4 6 WcBtern Pacific pf. 62 7 Western Union Tel. 98J4 4 Westing E ft M.... 62 54 .. Wheeling & L E... 10 .. Wheeling & L E pf 22 4 White Moter 48 .. White Oil Cerp.... 10 .. Wick Spenc St Cerp. 1G5', .. Willys-Overland ... 8!4 . AVIIseu S. Ce.. . . .'9 1 Worthington Pump. 12 ft 7 Werth Pump pf A 92 ft. Werth Pump pf B. 74 .25 Wright Aero 9 3654 3 lift 45 Ji 43 ft 34 ft 28 410 24 69 44 lift 41 03 ft 21 138 54 76 54 104 J. 34 Ji 142J4 10J4 32 ft 5154 34 5 49(4 65 65 103 4054 98 ft 120 65 17 42 ft 3414 53 13 10ft 31 21 U 16ft 20 23 6154 98 Ji 62 ft 10 21ft 48 10 15 8ft 49 52 54 92 74 9 H ft 4 2 4 Ji 1 ft' DIV., 'U: Liverpool Cotten Liverpool, April 20. A moderate huilneaa I7a dene In apet witlen today wth prices ateady en the be of an edyance et lq EfLn,t".f!r mlddllnic at 10.23d. The ealea were TbOQ balee. The recelpta vrere 8000 balea Including 100 tialna American. Kuturei were ateurty In Ilia early dealinga. Hpet prlcia werei American, mlddlli f.ilr. 11.78d: iroeVl .?.... """""" " n-tni rniuuiing, lu.i.ia nil y inlnnlliig in liKiii 4 53; Itunuinlfin. .72'''( Btilgurlsm, 'middiiiw. lu ;2J.. I.n.- ml idling , u.W, T00J 11. ieciio-MeviiKinii, i.us: Herutnn, '"- " '-" -",' ""- I.1K);' plilMi .0202'; .013; .lll-lllilll, ,11111, AJlla. Cw. D.I M - . "'"" sui i nun Ol I New erk. April iJ The Stnduril fill Company of Haw Jemev infta,.' ...7.,.. .'.:.".! CI.O.SI.NO'CUOTATIONS 1'ianci Ur Uulldera un Increaae of ene tent per v.nai e.sh B7.3 ixpert price el Kttaeune. The Atlantic lie. 0,31 D.BO'4 37.U8 fining Company, a Htandard Oil aubafdliiry! TODAY'S OPENING QUOTATIONS ri,?naT0U!,,T,.".,i !S.renW '." DI..II.. ,7. .. . nuu... -...-.. ... ... r.-....v . vu Lf -,mmA i iiir ar iMiT Hii f!M,,r"1:. "'f''. " aqyaqeei HSKST" ."' i'lVS. S'M IH"l 14 IS .-K"''i.. ."." 3 .'.'W w'.r'' :" ' J-v;. tijsTbjf. 'vhrv?& ' ' ? "y"""1 ',rnT iHLi ,. u.i i.". ?-' J", M. V"- 414 ft Ct f 1 . 10'. ft ) 'rifiaffiSiJLi' 31)4- 2IM- Paradoxlctr'lefl ' Created , Or) Uctfef t'e)ca SiWks , . eriN. XivOiM ,, :. ;.,L-1 , .Announcement that ike stock of .the Lrklali final ml' .Kavlnllnm T.Klte agftt 87 1 ib a 62 . l4ft 2ft 11054 - n IB 149 120 - 1 45ft- 1 BSft- 18 - 50ft- 2 3ftl 63 ft Superior, Oorperatlbji and M'1 Jersey nnd Seashore Itallread. Company had UCT.-11 urn vji tuv tiiwfxun enru uhie-i ket rame In for cQffflderablp -discussion In E local irk?t.,clrclM' today. The nctldn prediicea k'l nemcwhat a para doxical situation. .Trading en the local uteck exclianfc in New Verk curb stocks bait, always been prohibited and any trader being found guilty of ftiicb action waa always in danger of suspen sion. It is therefore jraratnvhat amusing te find hew' the oflclalflef the Phila- 28 30ft 19J4 1 ,31ft- 29 -67-20 . 120ft ;. (lelphia ntnek Exchange can con cen Mstently permit jnewbers te ttade in the stocks listed en the local beard, but 130-89-2954 I4H 11, 17ft 41 -2294 20 24 ft 59 70 ft 20ft 3 - 42 92 - 111 14- 6ft 17 67ft 90- '3454 27- .28 107- 59 - 42ft 7ft- 76 ft- 13 48 ft- 3ft 95 ft 13 35J4 12 73ft 58-f 14 -41ft 10 88 15 -30 67 39 40ft 23 ft- 46 ft 10ft 60J4 63 ft 34 -80 - 21 Ji 7254 106ft 82 97 127ft 39 33 16ft -32ft 85 ft 8 47 ft 63 30 32 47ft- 3 8 fti r ft Ii ft ft M Which hereafter will also enjoy trading jinviirgcH en mi cnrp nnnin vvnuu stocks listed en the latter market arc virtually outlawed en the local' beard. Curiously the three fetecks were nmeng the mere animated features of the day's mere active and 'broader trading. West Jersey St Seashore struck a new high, at 87t4 for the f year. Lake Superior, en a larger turnover, moved up. te 10 Vj, and '-Lehigh Navigation ft Si ft ill 1ft K was '. bettef nt THU.. Announcement that an agreement had, ueen readied te begin operation et tnc Frank ford Elevatcu In November prei vided the question of rentals can be agreed ut ten Put n little mere life Inte (he trudlng in P. R. T. nnd advanced the quotation te 32Ti, compared with yeaterduy's lewer figure of ai"4. uleii Traction shaded, fractionally, but noth ing was dene in the ether iindci lying cempanien. , A further ndvenrc lu Philadelphia Innulnted 'Wire iat .TT'j. " overnight gain of .U points, utlracted coimlder ceimlder able attention. It i the 'highest price the stock hag, touched id nee the sus pension of the Kendrlck & Ce, pre vious te that unfortunate failure the stock sold at 60. There was 11 narrow fluctuation of Pennsylvania Railroad between1 41 and 41 . The directors met today- for the dividend ant, as ex- Fee ted, declared the usual 1 per cent, t Is understood the earnings for March were favorable, In fact, much better than expected because of the revival of steel industry, American Stores was under slight selling pressure,, casing p(f te 113'i. ' s ft 1 1 "ft ft Ji Philadelphia Stocks lilB Nat Illh Ixw 1'. M. chre 10S Am Sleresll.'tT.i ll.'Ui llilW H 224Am Sug.ar 70 70 70-f lu Am Hiy nt i 11 41 ncnmlrpn. 31) 3D 3D llOOtCel Graph SVtt 4 7001 Krie 14 14'j 30 Eric Light 20 Vi 20i lOOfQcn Mtrs 125A 12 30 1ft U- y 1 ia';a 35. r in Ce n A ;iiiU ;i.j 1380 Lake Sim. 10 830 Leu Nev.. 70 Vy 70 Leh Val... W?i SilOfMldvale... 38 CllSPennaRR 41 200tPenn Sbd 10 70 ll71i 41?s 10 3U ayVS "OIj-4- 41Si-r 94 ft ft ft fft 1ft 54 54 ft a ft Steel .... 10 10.. 37-r-2;i 100 Phil In V 37Vj S25 Phlln Ce i cum pf... 38 3714 1500 Phlla Klcc 289i 28 400 de pref.. 20 20, 1285 Phlla It T. 32 82 ' fiO Phila True 07 07 notHeuth Pae OOU 00 324 UnienTrac 41 41 215UQ I.... 44 44 20 de prcf . . 53 53 lOOfU S Stce'. !)8 08 50 W Jer ft H &7U. Mi'.. 37?i 28,. 20 3245 90!, 44- 53.. 08 ' 17 tNct rhans;. made by romnarUen with Iwt ale en New Yerk Stock Exchange VIUUUJEI.l'lllA BONDS 5000 Liberty 1st 3s 47 00.50 10000 Liberty 3d 4s '28 reg. . 00.52 2000 Ltberty 3d 4s '28 00.04 13ft .. 75- 54 13 - ft 46ft J4 32ft ft 45ft 154 90ft- 23 58 108 2 juoue iiDerty 4tu 4is 'ilH.... 00.02 ewiduerty 4ti .18 1000 Liberty 4th 4s '38 3350 Victory 4s '23..,. 0000 Victory 4s '23.... (10.84 00.06 100 GO 100.70 84 45 juetj Amer (Je & BIit 5s. . . . 4000 Intertdate Itallvvaja At,.. 3000 Phila L'lectrlc 1st 5s.. lets 500 Phlla Electrio 1st 5s.... 500 Phila Klcctvic 1st 5s. . . . 1000 Phila Electric 1st 5b.... 181 Ji 3 J, 1 IIS 08 07 1 1 a -i- 40 ft 56ft 121 5 . 6ft 36 ft 3?i . 11 . 43J4 . 3 34 ft 28 ft 410 44 11?4 41 -63 ft 2lft J 38 ft . 76ft- 105 35 14274 . 16541 32ft 51 5i -34-3 50ftV 65ft 66ft 104 -40ft-98 ft . 120 43 34 ft 53 Uft ft -16ft- H81, MOO Phlla Electric Gs lets 103 ft Philadelphia Markets .,.WJUA.Tnec;lp,, 60.088 buh. .Market steady at ate decline. Car let In cupeft elevator Ne. 2 red wlntar. $1.4201.40: Ne. J red whiter narilcky. 1.87fiJ l.-i-'. oilier grades Quoted a tlhe fellnwlnc schedule of ters e 3 wheat, Be. under Ne. 2: Ne 4 wheat, 7c under NeV2: We r. wheat, tin ""SfinSn2, ,Hampla uccerrtlna- te uuallty. -PRN necelpla. 118,76 bunh. HreVdily fJiii"1 ,lu,,S,.,.Sa!:. I0.1"' J" ."Pert a"."". iiainnT." -,l"v :".?. "a: . etwui'): Ne. 4 BUT IbR. chunred ft '4 'ft ft ft ft 1 ft H ft ft i ft ft mi n, Aiurisvi quiet and en- i 1110 leuqwinir uuelHt lun. p.... lllll Ilia.. nf1..l Belt wliifr. tlrulu 1 ' .,'JU"IU J"'" ai l. e(t winter, straight 1. itrniern. iii..'iill II 7.'. neiirlu. vii .'; in 11 r.n iiaru winter traient . I7..'l,'i7.lin. lmr.i ..1..' ivr, Hlieri rf.. Pateni. IHWs.nn: prlnur ilm . Clear. ll ..evi: irin Patent. IN litees no'. apflif,, short rattnt, fnnilly lira WJOEO. live dour, (l8,10U7a PllOVIHI(5 r' Hiiadlly held. ramln, ftl.au : I IWf In . klnned atnnkeil. liOtfaic; hiiins. biillni benelcas, 40c: pltnlc nheuldera. lOOBR. 1.1(. Illpnli alln.,M..r. ' .. Jl - j .. l(. MViUiir .'iS10' l0"" "c; bVeaWaTt oace,,: HUTTKn-r-In fair renueat pml tiadv QuiitatlenH: HelM-packed eriaineiS In tub,', hleh-aterlng 41 U 43c; cxtrn, 40c. eitri nralH 30-: llr.ta, nflani aeoemli. H'Uf,V,u sweet rreamery. chnkn te fanci, l-'WIIc. fulr in YS,!1',,.83' WlO'Uc. eMra prlnlH Jebl'hiL- it Klrlt'Wt$$l&.."""-y "ran"8 hU""' Nearbs- eNtr.i llrala, 27Ue: flrata, 211140 ,"" end. sajSilei Veetern, eittra ,tats, 27,u: nr a. MUc;.' aecenda,' 'JhifJ'Sc: eeiTihirn V'I-hTii i'lAWSX Cftat-1 cggs jobbing Vj..Ier!ll,r" 2. IHtPSOe in carienu, unj 3S W3.-.C lenne; flp te geed, 2j32c. CHIIKSIJ Klna held gueda crc unit Arm; frerh barely steady. The quotation! were n fel euai New Yerlf, vrliule-inllk nata. fancy. Held. 2308iei' rfe 0. frein 17!4c: de, fair te geed, ieVtl7e, ,enS: herna, 18ci alngta Dalalea, lield, Stt!Hc; de ' "'.id JebUln "ttl01' ' ,4ncy h"ld geed!', " I.IVI0;" rOUJ.Tnv-,reIa, fancy, fnt vel. levv-alilnned. llSjei fair 1" ' 'heed. ' 'i 2e; aprlnv cliitl.cna, net r.eglierna. fancy, fnt. iLlluw-aklnned. weighing li 412 lbs. BuehJ Ou(loci Hbrl.w I uekeni. net Legliuini, Inferior iiimUii, dark m 14 94 Y ft 54 ft 'ft Yi 20 -23)4 -62 - 98J4 62 ft 10 -21 ft -48 -10 -10ft r BU 49 5214 92 ! 74 - 9ft 's4 ft 1!4 01110 Mtini wrmning in ra itia, eneh. Raiii 1 11. aierii. iBwi.il miiiaa, veuni; nar ni. Ighlng lft : IbJ, aDlee. Il.io'ei sei ,' Ighlng iAlU Iba. Iik, VTle, g'ulnl ?'d.-P?r ralr. T0Hes plgeena'. n.V T, 1 i' weighing we eau. old. per ra old. ririlNIOr; ynun niti;rfanu pqui ireej young, nnwri'ic. ' HS0,i,RK&nTBs.E. ?.h.kiiW. dry-picked. In besea W.lOrhlntf J ii" "1 ove nr apiece, 33c I walghlrg illi ihs .te if? ?, I." Ighln 3'lba.. 27 20i-ifqn rreKi l ii" id' libla.. dry.n rkid. wiliVii. Z' irf.',..,'".l'li we In ii. --., i-wi,..,. iiiiii petatnea. i 11.60 UTOl aueet potaleca, Jeraey. UBBOIine r tut, t: i. ais ' !"". Ne, l'i gallon In Ihu BANK CLRARING8 .ff.nJ" B lataXrlnirat ttlatmv VAeaanM.A ... rwi iiawiiE&ttlw rMJr'"" w'"' .D ,W 101 low en Willed wm.w m,m.w!i iTs.ifWeT, llojteni, .vee.w j.i.t.Ws .V,',?-"';:; - w aan'iBriiifi iiii.Hi ' -ai mm jur ji'tiii I ruiiL n ',.' 2,?"f! Ne. B yellow, 7 1 72e. OATH llerelpti, 32 077 hueli. Oul.t but Jrni' ar lets an te locatien: Ne. 3 white ' ,' ?' Ne, 3 while. 47l,?lSe ' lCl 1.. T'" ivv Kuie, uiiu .n.. ever apicrc, JM wpigning H Ibn.. 'nw tr weighing 3 lb i.tunil underT asbiSii ahiclcina1 ylarii. alsgi. VilHS c old roeHi?,, ?". picked, Weatern. 2e e, de. .Southern "'L lHrHr.r. l Mafc. 5: l,' 102.25 5.2$V, lHrrT..f N.waWwkk IH Jm.U, 1 W2 lei.M 5 jH' ' 5,HIG.T't tl N.wfaMd.5 Jay i;lM2;i3.Cr 5.25 14,mraT. Alberte1. ..'.It. A S 1, 13US.14 S.Jd lfl.Nt PrtT. af Mtatteba ..... Ju. 3, 1131 1M.SS 5.3VJ 5,WtPr.T.aliN.wImwkk.5ftyi Dae. 1W 1114 SjliiJ 5,Hf City tf Wiiailief ...... SV Af. 1I2 8.97 5a3 1,M0 Greater Winiptff J , , ' , , W.fa natrt t Aaa. YtfllAA'tlC e -' .c ia..i4vk. '' 'VacJ V a. imtK iMM .- '' VW".I. 01 maaiiwa ' V. '.T' T Va4ra,w..f Of ft , 1 1. 1 1 ' . . ' i v .1 '1. 7,vOClty.ef rVttrftI--CtIii-v ' f f v 't 'lie ScJ.mI C,umitt. ' NaT.l,lS5 109.66 5.38 10,600 City efMwtreal Ctlii-. ' " ' 'i -- 1 ' . 41 . . --. I l lie ScVoeI Cenmiitiea.6 V ' . OfFrJ $ub't'aet te prier $mh end chang inpric; E. H. ROLLINS & SONS , bounded 1818 . ' Investment Bends. '," '.' .1421 Cheatnut Street New Yerk Philadelphia'' ' -A. Utl'AA ' I Bat, ' V' BsllllllBBBsBikwBIIH'SBa tan""'' lllllllllHIgllllillHlslllBBlVrHIB. " SaBnaHlrHH-' Choesmg a Service ',, t service. RBOuree evor $14,000,000 Franklin Trust Ce. Main Office: Fifteenth Street below Market Delaware Ave. fc Market St. Fifty-second t Market Sti. Garmantown Ave. above Cheten Ave, "In aititatiea That Cut Philadelphia Dai i Night Service" The First National Bank of Bosten The leading financial institution of New England .Foreign and domestic commercial banking of every nature. Correspondence solicited, AMONG ether attractive investments, we offer the first mertgage bands of a steam railroad oper ating between some of the best coal-producing terri tory and one of the largest cities in the country. Payment of the bends has been assumed by a large system. At present quota tions the investment yields ever 6. - Listed en New Yerk Stock Exchange, li'c tui't'ic conference en all current investment subjects. HARPER-&TURNER Investment Bankers 9 . Iftmeera Palkidelpnla flloeh iVacidnjie Stock Exchange Building Philadelphia Hiranten Heading fort, Kflncw avls 3ivyrrr(it jUMBBMblUMllfl tl or!!!i"!Q" ' larend kinslnaer. iWJ New " . n i rraasiata 'MKtjrwjwn 5.38H. 1 ' ;i i j .Boiten, v. 3H Service lias come te ie an important consideration in every phase of busi ness and private life. Yeu have just as much n'sht te ex- pect it -in, your banking cohnectien as elsewhere. Convenience'demands that ' - regular banking service be available " wherever and whenever, "needed by ; many people; The answer is cenvcnJP 5 ently'ltf6ated'efflces,andday-and-nigfjt?jj Spruce 82QQ I DOMINION OF CANADA 30-Yr. B Geld Bendi , Due May 1,1952 Price 100 and Intere.1, HCCUIlirilCH KIAlirMi:.VT COMMERCIAL TRUST COMPANY .Member 'ersl lleatrye Mlai City Hall Square Wert H tlEO. A. HUHN & m Jiemliira efJibt rhtlrinlili;. g" ' q n.'vSVb '!iieV n '""" , STOCKS ANp BOW bought and sold for caihWt, cuvrlpd en consewmve ni UilHm &ar SWf e A'?JS,,',f.- P,Wt arT-T . i MaasaBsaeaBBaBBBBBBaaaaaaaaiH ' ' , " h M it. vv&ii .aM'&vjux, &&): ifiartt ,.wVRr;r'L7 i.Lt-wft',.,m.jj7r'iiiA'.iti. Tr. &u , '-'' ''i 'i J-K-.i'.T.Ii'.'. MuU OfsUa.Cdi'sAVf -'irvi.-: ,. .. ' . fj-'iJUrhAfiVJ.Af,Wik'JtM hrtym,JhmmTWKTf, A -- - ;' fJaiaMaaV .AiPAfV -.Mi WlWYdaBBBaSf