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EVENING PUBLIC LEDGER-PHILABLPHIA, WEDNESDAY, : MJy 1? , 1922
nttt i-vthT mtti riTxViii.cir A V' nrA,'tr -itf 1099, " $1
i
f
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UK,
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I.
th
Canadian Bends
it
lOi.
,i
?
Ifr v
Descriptions of fifteen
Canadian is?ue arc
- contained in our May
Bend Circular. These
" iniludc Dominion, Pro
vincial and City bends.
Ask for Circular V-ll
Harris, Ferbes & Ce
Pine St., Cor. William
NEW YORK
PHILADELPHIA OFFICE
Widcncr Bldg.
Telephone Spruce 7040
City of Shrcvcpert. La.
Direct Obligation 5r'- Bends
Due Serially February I. I Pill
In February 1, !i'U
Shreveport is one of the
leading industrial centers of
the state and is the largest
manufacturing and dis
tributing point within a 200
mile radius. The city is
served by 8 railroads with
12 main branch lines.
Bends are secured by and
payable from a direct and
unlimited ad valerem tax
irrevocably levied against
all taxable property in the
City.
Price te yield 4 ' ; r'-
Hemphill, Noyes C& Ce.
, ttwnbsf Nw Yerk Stock Etching
Franklin Bk. Bldg., Philadelphia
Mw Yerk Boten Scronten
Albany Itncun Balttmet)
E. H. Rollins & Sens
Founded 16
Investment Bends
1421 Chestnut St.. Philadelphia
I'henf, l.enit 7300
Bolten Vein Verfc Wilkrs-Rarrr
Baltimore Chicago fan Francisce
Tax free in Penntytvania
PENN PUBLIC SERVICE
CORPORATION
First & Refunding Mortgage
6" Bends, due 1947
During the paat eight years cre
earning of tlna Company havr
increased ever 3's times unci net
earnings ever 42 times.
Approximately 90 of current net
earnings were derived from the
Company electric light nnd
power business.
Price 99.50 and interest
te yield
6.05
Descriptive areelar en request
PENN Public Service
Corporation operates
in industrial territory in
Pennsylvania, serving ever
fifty communities.
u
We have en hand bends
secured by lirst mortgage
e n electric generating
plants and ether proper
. ties which we offer at a
price te yield ever 67e en
the investment.
Free of Pennsylvania
State tax.
Drtuih Hniii'heit en request.
, HARPER &TURNER
Investment Rankers
Jfemfiers rtiilititlpttia SrecA Echtt
STOCK EXCHANGE BUILDING
aSVwnrcv?
Philadelphia
J?rirtf
COPPERS AT LAST
GLT BIG INNING
Automatic Shifting of Leader-1
' ship Brings Red Metal Croup
in the Limelight !
New erl(. ln,x 17. A lihrril .niec- I
Hen nf cupper lind' n pn'xerf'tl -.tiniu-lljlilltf
Influence lipi'll Inilnv' sleck
tninke' A., ii iriilt iIkh- xx,n n lit - ',
iiinnifTtl mnn-ien ni' ilenlltip:. xxhlch.
- ('i.rlnp I'r- lu-.f half "f lli" i--i.i'i, xxet"
ni .i I'm iiiUllnn--hiiiP-il:ix li,i The '
fiiarkei lit the .! mc time 'in cue of
bullish (Iciminoiriitien in innnx croup,
villi ilii ntlxi U-.iilcr-'hlp hifllns for
tin- t.n.i- heliis n' 1pp-I te tin- cupper
nixt-inn. I ..iter, the cheaper ell pep- i
iiKr nviter-, ami iupinenri jem'il 1 1 - .
pin. pmIeii. cuius ilie cnieril meiem"))!
a il xtiniM hrculnnltis ,"ipeci.
The .iiexniipit' hi iln red niPti! h.Ti I
wli.rli vn !"iik evpnluc . no' alto- !
KhIipi viirpMlng. .n vipxx of rh- fait
lli.ii thi inilu.-lri il lrii.ui hiil ii ""
pem ndx.ui"i tln ial'j. nbniii -H i
u I 'p tpi mi)iii 's no eiilv n ."l.p'-iir.t
nexrn from i In- in iihk-IimI ilurin: ,
tlir i"no' of il.f pnM-wiir ili'pr".siin
'1 hr pi fri'iieiln IP il, I'ivviu'it. In
Ihr tmii-il - IIII r"i mi leek of tl.e op-
pt-r indnir in tin' im rai-lng en- ,
iimpwin ini'1 ipiliirtinn in surpl'i1- im It
iml t!n- .ippmrnt hanlming of pri " '
In fail, lii'tti'c .nfoimeil iril" n
I(Ih ll( OIl'llilHI ll-ll'lll ep'lOl I
ttn'iM hi ri"d.ri'e !n n ! tinri uni"
I.l,i' tb I". fi i(iiiiiiitr.itietis tn til
ilU .iii'l ' 'i-l- lie nieiMuini l.iti!. e
,viitk., ' I'viiai.s'M siiii1. Tlii wai
timnil in iln Ulr-, inMilnttun of
IiU'lCI' xnrn.
Th" oepppiv (inrii tii:i l ! Hip markT
from tlip eit."i. anil, witn irw .".'op. !
tl"ii. sum', wp-p pvti'iulpu niHti'i lalh
ilnnns 'In' ai't'p forpneon. rpxiilLiis In ,
npr nihaiifp of I in "J points in .iii-h j
p:hpi n IPnn.-eu. T tab. ("irrn il" J
I'nw.i ami Ani""i'aii SmPltPV. vbilp
litepin'tpiTiiiir piilnip pnipur n markpi '
mi1 ii- (i inje'i-l bj nil' i".v r iniiip-
l-pr1; of tin- si'nnp I
I'palinK- lirnaririii'il 'I- ihp inermtij I
.Khnip'pil. ite cupi!1-.'!!! of pri"ilat:rn i
nrtilt ie the rh.PHppr oil". In tnr j
ni'.inttrrp issr"sUe riens-rm tnp'h tnp'h
eils Hppln'il in S'lnlcbakp". Mrvb'iiii 1'p. .
rnili'iiiii iiipi I'.aUlwii' I.oiemouvp nf
tl pi.fi I elh llPlll IMlel pI'lipOSlllOllv
Imrp npturn". liftini; StiuMmlipr te a i
I'i'w liuzli fei- tin- jpiii. 'I'lii' M""!- ff ;
"rratli1. Miilralp. hewnvrr. Ii.ml a IIm'U ,
lienmli" en tb" "trpneth of lln rppert ,
l;a iniprp oiitrelline ilia' property .
ban lein'pil the Itptli'rhi'in-I.ni kiuvanni '
ciimp and dppn'i th .n-p.irtv" j
niPrp0" !
Commodity Markets
NEW YORK STOCK EXCHANGE TRANSACTIONS
GRAIN MARKET
(hirace. Max IT TIip xxhpir m.ir
b.pr nppriP'l in-pcnlar. xMtli thp May pnpp
up Hir te .1 4T1.-. xvlnl" i!ip n"v i-op
mnnihi xxpri' ' t te v iexxpi. :in' il"r-
me Mip parly trnilinir tliPn- xh- n par- ,
tial ipndpitinpnt. Mux- iflms en" 1 (
from thp top. x 'i: l- th lntpr pnMtien
xxnrk-pil up x.r I" ',4' fiem Hip len".'
Thp l.ixPi-poel innrKPt faili-d te fellow (
our advanpp of yprtPi'day. and at tip'
nncni'iL- of the ilenipxtlr mafknf xxn1-;
lift iinpuaitRPd te
dpi lard 'Inl tn' rnrlx
M a peer
Cern M.xvtfd nivhansi'd te 'if levcrr i
I'liil riilpd bniplx !pw!x. xxitli ex-iilf in hi-'
of ineri' hpili" -pIMhi: .iKam'-t rnnnirx I
effpr-
Oat- xx pip iibmit -tp.iiiy at uncnani'vi
( ',i- lexxpr
liex iien- x-Ptr ijiiji'I but -iiidx.
xxitli iiiepi 'ii- zHiiu. !I"S? npi'iii'i),
xifnilx- te -trenj:.
I TTl
'4d lexxi'i' Kxperti'f-
ppeit ilpnvtnd
i rn
H I ll--iii-TTirn-r
Vtli-a'
mi
- i ' ,r -
" M
t
Jl '
eplf ln'n"
rtM
Julx-
I ar.I
Julx
Vptn-Kr
Bit
Bl'i .
it '-
I 4.'.
i :"
ii.'
i'.T'i
U fi I 4T
'Jd', fi 1 'J
S'.'t ?1 Ct
.1.1,
x, !, in
1 I' M
?t. ,
lx I
I '. i
I in '
ll'i
1 1 fi"
ii -
;i ?
COTTON MARKET ,
Npxx 1 i,rl. Max IT. Thc.i nitert mar
ki't xxn-T te IT p itnt- lexxpr till- morn-'
HIE Til.- xx.i- in rpM,mtiH te cinv
iiib'i"- ill"! Iiixf.-poel -p'lilic. xxlnrli off--pi
!'pt'!''- "T fii'tbpi- rain- in North
Tpxim im I ' 'kl ii 'i'ii.i Mm! heii-P" an-!
N'pxx (JriiMii" '"''"k'l" v b ip i iini'iii' inn
i-eiirpri- i'd n i" ' I'ep option- I..V"-,'
the ' -i ln'iM'iii' MiadiM- and rnl'id
RllO'll I'' pe.n'- ft en. imt al 'pxci O'l
iiiblp'' ft mil 'i"no,i that rhe Ituwian J
had ai'ppptpd iIip inedihrd piopenaK of
th AI'.pm.
Ki-Pipt- at the pert' for the der
an- PMimniPi! at l.'.fMrfi b.'ilp-. acain't
2-' -trill hnl'- i pd: hke. 1 I. - 2.1 bil'
a xiar a?e and nW- halp- txxe yrar'
aee
r - r- rif iipn iff ! p xi
!s . Jl .'" C is
I i, .ii I'. J" -I" LP xi
t , r CP I-' -"' ''.' 2" I"
f. -nM .'il I". I'" ?.1 2 Irt
it" n - :" s. je ii 'j' -
XTa'Mi '.'P 22 .'fl I'.
,1
' J-r2sM2Kv',SSr- "'ii I
!$' Ill We Own and Offer
1J M NEW YORK ,i!
' 1 CONNECTING R. R. ,'
v 111 I '
' 1st 41es, 1953 i
"- llll Guaranteed by Pfans. R. R. '
4? md N. Y. N. Y. & H. R. R. ,
Txtfe' . llll I?t-.t AAA I... in r.. I !
BsS!! ""'" 'V '"vu ., !,,
PsWi-rri WlDtHIR BlOC. PHII.ADIIPHIA '
bVi.,! fmtrn J'AmAMit awf i, n i -
K5j5?)(liJ. K:ii)er,SlKkt..aipt ( t,i i.
t'jTTt1ii ' ii
v - ii iiffviT?SirrTnw!i n
llflUH J lv I I W I ittsistisssM 1 1 I
c
NEW YORK COFFEE MARKET
Npax Verl, Max IT Thp i-effpp fn- i
ii"- PHik'i'i epiiii'd pn- or ih: inorn inern
itij "h hr-i pr't te II pe nt
'ixxpr iindpf n atipni lniulilntinn, pro pre pro
nieip.l pi thp iiiifiiverRhlp adxn't from'
Hrazi' 'I nidinz. hewrvpr. xxa- no'
'r'lxp And i-nnfiiiPil i" thi- S-'nptPmher
I'inbi p.i"ti"ii' tr.p terniPr
-pPiiij a' ''.'! .-md Ji.H'Ji mid thp latti-r
at li.ii'i. and ! "
'I I' I lll'llkrl 'X.'fkl-il off inn de- ' X
peinn aft 0- iip epppiiiR iiiiiIp' f'.-iln-r
'.1'tPr.tiB liqn kI.it imi and p.im'i r iah!"
! i i It'e. A .ppi'i.il p.iIiIp iimpix-piI iifTP
ii'liiiti'd an i.ildinepal dp' line of T'l m
Kill ip.' in thp U'e iiurki'". xx ili ii'i ad-x-iii.i.
et 1" i'P' in tlip dollar biixins
i .1 1 -. ,'iinl I hi- mil'-.- i'11-i'l'lrd hnxTll'K
of i Iip prini.'ivx ni.irki''- b'd Ie I e r it .
rpnlir.iii;
OI-pi.x'-p. tl"ii' mpfiiPil i" hi- no
imi ii i lin piP-i-.H'. ii.lli"MP;h t pip -xf..1-
im 'i-lllns ex iiniier'lns iiifrpM
. , i Ii ii v ' nf lie- levi-r- in 1 1 reit
',1,'i'a' 111". ".I" it'iUlSM 'ikelx I'l (e'l -
iii i-ii-ii"- mm eIIpis
p
us
100
1200
100
100
COO
11217
3300
100
:ioe
103
100
100
100
?00
100
1100
(-00
100
100
2-1 10
700
500
100
200
1700
400
100
POO
10O
200
POO
103
100
1C0
ke
24200
100
200
103
TOO
7030
1800
1V50
1100
100
2700
030
100
13800
200
100
400
200
'00
100
200
1100
000
100
B200
4103
101
03
;oe
1400
100
100
5100
100
1103
100
100
xOO
100
203
203
-100
4'"OJ
3030
100
100
1700
3400
330
100
24C0
6800
4C0
32C'0
1C0
.'03
100
500
700
1600
7600
100
1850(1
7000
6300
200
100
103
200
4933
100
1630
2-100
2400
2930
2100
2130
700
733
100
100
100
10'J
230
100
200
600
100
1700
100
1 500
1133
6703
150
203
i03
800
230
2400
200
1300
42930
100
100
100
10700
100
200
e03
'CO
IdiJ
03
100
400
600
100
100
100
6100
2400
'.101
100
100
,r I TOi'!v Huh
. Vilani" rixpi (.'.- . . 65
Ailxntipp ttuinly 18U
3 AdxatiL-p TliimMv pf 46 '
. . A.tai Rubber . ... 16S
.. Alaska Meld Mlnen. T
. A aU.i Juneau O ai 2
i AIMpiI fhim ft Dy 00 1 (
' Ml.cd i'Ii & Pyp pf107?i
4 Alllj.fli.t ineis . 4Bn
T Al.ls.fhllmci Pf . 97J
. Am Afr1 rheni . 38 si
.. Am AitiU' ( liMti pf. 65?i
Am Hpet Pmrar . 41 '
Am P.esch MaRnete. 44
' A" It be l pf lipxx 106
Am fun 474
" i'i Tan pf . . 105
32 Am Car ft Filv . . .160
Am ('bu'li 12'
Am I'otlen Ol' R 1i
. Am Cotten en pf . GO
At'i Drug l-'xti 5' j
.. m Hide A Ix-atlur 15'
.. Am ttlile Lefttll pf 70 H
Am Internnt Cerp . 454
i Am le . . .108
Am Ipp pf 81 U
1 Am l,n France Enc 13U
Am T.inippd . . 34
Atn I.lnppd pf . 54 'i
(I Am Loisemotlv. . .114
7 Am r.H-emit've pf .116
x Am Itadlater .... 993-i
.. Am faftv Itaxer... 7
-. Am Sh p & Cem . . 17S
Am SuiMt . . . 64
7 m Snielt nf 97
1 m '.pp KeundrlfS 3R5
7 m Pti-Pl Vnv pf. . 09 '
Am Suftar PW .... 75
in S'jnutr.i . . 36T
? Am T! A Tel 122'i
12 Am Tobacco. . .. 1 4 1 &
i: Am Tob.iP-e .138
Km Watrxxk." pf 31 'i
T Am Woeipn . 92
Am Xlne l.il A "m t 19
. Am Zlncl.i1 . pf . 45'',
.. Anaconda Cepppr.. T5
Ann Arhei pf 47';
fi A se n 1 ... 12S
6 Vteh Tep A San Fn 99'i
5 AtPh Tep A F pf- CI
Allan ni' A Atlantic 3'r
7 Atlantir Coast Urn-. 102 1
.. AMantlc Fr'ilt . . 3H
. Atl (Julf A W I S S 37
Mlamilf A W I pf. . 26Ji
Aiut'-i Nlcbe'i; 2A
" nailwin I.ocemitlxpl 17
Baltlmerp A Ohie . 46Ti
4 Rait! A Oh e pi . . 60i
. Rarntlal! C'.iss 48
Rainsrla." i'U H 34'4
5 Rcth'chpm StPel. . 76
7 Rcth S-pf' 7 P' "37
? Reth Rted Sc pf- 112
5 Rpth Stci"! B . . . 78
.. Rr t i:m S-' Intl pf '-R
. Rklxn Ripid Ttpni- 25 U
. . Rkn F. T ctfa of deb 22
. Rrki'n Viiien (3ap 103
Rre xt Shoe . .
Rtur- i Tprrn .
5 Rums Rres .
.: R'i-ni Rres R
7 R :'i "Vriii Rid pf
R-utp Cepppr A Z'ni
. . R'i" Sup Cnp
Rutter ck . .
6 California PacklnK
Cal'fe-nia Tetrel
Callahan Zinc t l.d
: Cn.nmpt A Arliena
10 Canadian Taciflc
. . Cer.tral Leather
. . Crro-le-Paqpe
Cprta n-tpp'l Frert
ChHndlPr Moter
ChPsappakc A I'ale
Chicago A V.cn
Chicago A 'ir Wpl
. Chi A Cr WpRt pf
flu Mil A . F
. CM Mil A St F pf. .
. . flit It I & Pacific
6 CM II I A Pac6"V
Chilp Cnpppr . . .
Chlne f epper . .
4 Cra Cela
Ce t KiipI A Iren
46 1 J
4
13V.
31 T
97
74
31 's
26 t-i
7RS
56 ?
60
139 "2
29
39'4
49 Ti
74,
65
8
0
21
25' j
424
44H
pf 81
.. 21 '
. . 30 'i
.. 5
. 34',
S Celum '3.n A IllPC Kli
. Celum i7rap''oplien 4'i
Cel Orap'iaphen.- ?f 'a'i
4 Ceinput Tab Rcc . fc8
1 or.iel f'ljar 274
7 Cor,felidti1 .'a. . 118'
. Consel Textllen . '3S
4 Cern Freducts Ref 1001
:-. Cosden A Ce 43' 2
.. Crucible StPPl . 1ii
.. Cuban m Suear 22,
.. Cuba Can Riipar . 1r'T
Davisen Chp'nlcpl E8'
: "i DPBpr c Mm I.'d 21
fi Dlaxv.i- A H de-121 'S
t. IIpI l.s.i.'k A Wcs' 117
fictreit Kdmen 106'i
1 Demp Mines -73
5 nastmm Kodak nexv 77'
.. R pc S'er Bat new- 43
. Klk Hern Ceal . . . 201
7 Fiullcott-Jehnson pfHO
Er'e IfJ
. Kt lit nf -'
1 r-'amei'i riax-er" I. 81
I-Vil Mli A Smptt 16 'i
FpiI Mm 'i Hmelt p.' "53 i
V V hUf Bedx- . . 1 '
f F 'Ii' ReiIx or i"i ' r'r
. . F '. Rnbh'r . . . 1 e
. Freppurt Tt-Tas . 21 "-,
("la ten mix A x S "2
Uenpral Acphnlt
S rjpnral Clear .
S Kpnerjl F.lei'trlc
(;ner! Moter ...
fi C.pii Met db P."
7 f;pp Met tleh 7"0
. r.oedr'.ch (B F) Ce.
.. Granby Cen M & ri
7 i;rpat N'erthprn pf
4 Gt Vertb Orp ctf. .
.. Gr'ppp Cananea Cep 32'
rtuantaname Sucar 1 1
. . Gulf Statp Pfppl .
. HahllRhaw Flrlrlp
Hpndpp Mfc Ce ...
.. HeusiV" ""
7 Mum Mote'car . .
Hx'riraull'- SippI
7 Illlne'.F Cpnttal
rnrilahema Rf
lnpirat1nn ''nn Cip 42 ,
. lntpr con ' eppr . ?A
. Intprbore Cen f op pf 4S
62
73'
165'4
. 1""-4
, 82 '
, 95
40 H
30 'i
74',
41
S4
t
. 20
. 7"
21
3
103
4S
Inter AKTiculturp
Intr AgrlPul pf
1200 S4 lnternaf fmnt ..
100 ; inic-nat Cem Knjr .
4100 5 lin Uarxplp- iifv .
tee hi V.fr M.i' in'
403 r In' Mi M:artn pf
S'OO .. Intp.rnatienal .Nip-m.1
'00 International l'apc
200 Invlnciblp Oil Cerp
100 . Jren Freducta ... .
1603 . Inland O'l
100 . . .IcxxpI Tea pf . .
R03 . .lenek Bres Tea
100 , Kama A Gulf
100 . Kan Cllx Seuthprn.
2030 Knyer A Ce iipn-
730 .. KeliV-Sne Tire
10"
41 H
37 h
T'.H
104 1',
2? ,
8?
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49 '4
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31
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71
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65 46'j
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66' 4
107?i
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97 n
38 H
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41 'i,
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106
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10414
160
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59-4
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70 '.
441$
107f
81 '4
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34
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114'
110
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97
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34 x,
121 '
139
136'j
31 U
90 '
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54
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46 '
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20
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81
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117
105 'i
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77 V,
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95
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71 '
163
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97' '
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141 J
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100 ..
1400
300 2
200 31-
100 J2
500
200
100
1800
300
200
100
100
100
100
100
100
400
2800
' 300
5300
8200
15700
2100
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r 114
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In I STOCK llilth
6 Ulcv Wheel 100
.. Kcrinrcett Copper.. 3B14
.. Kcystone T & n ... 21 J4
.. l.ncknwnnna Steel.. 79
.. l.ake Erie ft West.. 16?
Lake Krle A W pf . . 35
t.ee ntibber Tire.. .. 33
l.eiil-h Vnllex- .... 62U
l.lctett A Mvera . 1661
1 Lima r.ocemotlxc ..1081
.. r.eewn Ce 16
1 Left Candy 13U
12 l-errllard I' 155
. MaPk Truck 49
7 Mnck Truck lut pf 87
"6 Mclntyra new .... 17'
. Manatl Supar 44
4 Mnnhnttnii F.l Supp 60
T Manhat Kiev Ouar. 50
1 Manhat Shirt 39
. Market St Uxw .... 7J4
Marland Oil 31 '4
2 atnrOn Parry 31 M
Math Alkali 29
.. Max Moter Claaa A . 74 VJ
Max Moter Claii R. 24 1.
12 Mexican Petroleum. 132
z aiiainl Copper 29J4
4800 1 29 Mlrlillp lllilii Cni-n 144
33300 .. MldvalP Steel .... 40!4
COO .. Minn St t,eul new. 12
300 .. Me Kanaas a Te.xaa 11
ZOO .. ate Kan Tex (wl) 17 "4
100 .. Me K.111 T (xrl) pf 39V4
200 .. .Missouri Pacific .... 23
300 .. Me Pacific pf 561
ZOO .1 Mentana Power .. 73 H
9100 . MentKnmerx- Ward.. 22V
100 7 Vnt RljiPtilt 150
100 .. Nat cloak A Suit . 39
100 .. .at Kn & Stamp .. 40 V
4600 15 National Lead .... 96'
100 7 National lnd pf . 110
200 .. Nn'Tin of M Id pf 5V
9300 . Npv con Cep 1814
2?00 6 N O Tex A Mex .... 67 V
500 . x v Air Brake .... 76
100 B Nxv Tork Central .. 88 '2
800 f. .S- Yerk I'&Sih, 71
100 .', V - ''111 A SI , 2pf 76V
200 2.1, Npxx- Yerk Fuck .... 36 V
100 S Npxx- Ve-I: Ijec 60ii
I Nexv Yerk N II ft Jl 30
. Nut folk A Southern 18
7 Norfolk A Western. 105V
.1 North Amer elf. ... bS'j
3 N Amerlcanctfs pf 43 V
. North American rla 7H
B Northern Pacific .. 75',,
. Ohie Bedy Blewer IP,
12300
100
100
400
100
100
100
300
500
600
100
100
100
100
10J
600
82.00
2200
200
2200
4700 .
100
200
100
10600
7700 .
2100 .
26700
100
600
800
100 1'
500
500
11700
100
100
100
3500
1500
3900
3000
100
100
3200
1900
6500
. Ont Silver Mining: .. 8'
fkla Pretl A Kef ., 2j;
. Orpheum Circuit .. 19 V
fltn Stpp 14V
6 niU Klevater pf . . . 99
: n-.vpig Ret Mach . 36 '2
PacPc V)evM Cerp . 9 V
P.icIIIp Mall 13'i
3 Pacific Oil C5
Pan Amer 1'elrei . . b5
fi Pan-Amer K 57 '2
1 Pennsylx-anla ft R . 40 V
Penn Scab Steel .. 12',
" Peeples Gas xhlcage 86
Per Marquette- .... ?0V
.1 Philadelphia. Ce ... 391,
2 Phillips Pet 47 V
PiTce-Arrexv meter 19
. Pierce-Arrexv Met pt 37 ' 2
Pierce Oil 10 V
S Pierce Oil pt 55
h P!H Ceal 61 V
Pitta A AV Va 35 1
Pend Creek Ceai .. 21
0 Festum Cereal .... 78V
8 Pestum Cereal pf. .107V
Producers & P.ef .. 40 ;4
fi Public. Scr Cor of X j 88 'j
K Pullman.
. . Punta Alegra Suit .
2 Pure Oil
41 Itanrt Mines . . ,
. Ray Cen Copper . . .
4 Heading
2 Reading lit pf
. . Remington Type. .
.. Ileplegle. Steel ....
P.epuh Iren A Steel
121
40',
32 ?4
28
17'i
78 14
45',
3412
3514
70 V
.1 Reynolds Tobacco B 471.
9100 6 20 F.eyal Dutch N Y.. 631,
200 1 St Jeseph l.ead 1 r, '4
400 . St Leuis San Fran 29 V
100 . St U"eul Seuthxxeat 28V
100 . St L Snuthxvpst pf 46 '2
1300 . Srfiita Ocejia Sug.ir 4'j
100 .. Seaboard Air Line. . CV
200 .. Peab Air Line pf... 10 t
2000 . Seais-Keebuclt .... 74?,
6600 .. Seneca Cep Cerp... 14 14
5900 . Sballiick Arlr t.erp 11
100 .".u simii Ti-nnxp'nt .... 45 1.
5300 . Sinclair Oil 32!,
400 . Sle.is Sheffield ... 51 ',
2900 a Southern Pacific .. '0?',
2400 Southern P.all 24',,
200 . Southern Hull pf . 56Ji
1200 . Spicer Mfs Ce . 18?i
2900 t Standard en of call 14 V
100 f. Slandaul oil of N .M87'i
300 7 Stand Oil of N .1 pf 11514
V 1
' 1
''
V
'-4
U
5j
27
43 V
50 14
1
300 2efi Sterling Preduclfi
1300
100
64500
900
300
40J
8200
1100
10200
800
2400
200
3800
300
11600
300
3200
1200
200
100
200
14100
70090
1100
10600
100
100
1200
5200
100
1200
14100
500
1700
frOO
900
200
100
600
1200
2100
100
300
400
2900
100
100
100
000
900
2i00
1400
100
48
Stewart Warnci . . . . 40 J,
Strembcr Caib .. 52J4
7 StudebaUer 121
. . Sub Beat. ' erp .... 5
.. Superior Oil C01 p . 7 V
SxxppIh Ce of Amer 3 V
. Teim ''en A C'hem . 12'2
.' Texas i ' 1 . . . 47 74
. . Tex 1 in 'f A Snip . 47
TeH Pa'-lfi. . 32V
1 Tpvhs A Pap c .x e 29 U
Tliinl Axe . 22V
fi TobBPi'e PierliiciB . . 71
. Te I St I. A W clfs R 35
Trnii.cnt mental xnl 17 '4
I 'lian'ue AVm Steel 4214
rnlen Oil 22 V
l" Vrtk'ii Paelflp ..1371,
4 I'nien PttcifiP Pf 75
.. riiltprt Pnisc . . . . 72'
1'nitpil Fruit .140
f. 1 Tiled FJetall Stoies. C5
. I .- C I P A Fdy . 34 1,
. I - l'-end Preduel 5
r - Ind Alcohol 53
7 I Ind A'oehol pf 94 'j
' S rie.i'tv ft Imp . 68 V
. C -; Huhlier . . G4 ' it
F S Smelt A Ref 44
IV F S Smelt A Ref pf 46'i,
Ii F S S'eel 99 V
1 Flail f upper . ... 67?i
Ftah Spp. ... 17V
Vanadium Cetp .... 50'4
. Xn.rnr ChPtmeal .. 33 n.
.. a-Car chemical pf 7414
f. V Iren Ceal A Coke 57'
il a Iren C A ' pf . 71 "a
Vixadeu Im . .. 13',
Wabasb 10 V
Wabash lit 31
1 Weber A Hellbiener. 14 V
. Western Pacific . 21
Western Pacific pf . ne7,
We-tlnc 11 A M . . 63
fi
4
4
Wheel in if A 1. K .
.B0 While Eagle Oil ...
I White Moter
.. White Oil Cerp ...
. . W'eVt hpenc St Cerp.
.. TV.llxx Oxerl.uid . .
. . Wilsen A Ce
West B A M 1i' pf 72 V
11V
26
49
101.
19?4
8
46
t.oxx t.exx
100 37
21 14
78 H
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33
33
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1661'
10714
16
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152
49U
8614
17
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73 V
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121 i
29'
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39V
12
11V
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22 U
55 ?4
73 V
21 '4
150
39
40 V
93 14
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17'
66 V
75
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60
76 V
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105 V
f8
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99
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55
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107 V
38'i
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121
40'4
321,
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17
77 V
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34 V
69 '4
45'4
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15 4
29',
28 V
46!'j
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6 V
10 '4
74
13 V
0
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50
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56 '4
iev
112J.
1871 j
1152
47 V
40 V
52 Ji
118 V
5
7 V
3 V
12
47 V
4r.'t
32' ;
8V
22
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25
16V
42
21V
1361,
74 V
72!'
140
63 V
34
4 V
31 'a
94'4
68 V
63 V
41V
46 '4
98 V
66
17 '4
49 !4
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73 V
56?,
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12 V
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20'
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60 I-.
62
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Street rumor tlml llip tllreclnr of
Hip Amcripnti Stere f iliclr mcplinc
tlil nftorneon would Increase thr divi
dend rate en the common from n 4 te 0
per rent bnei. ravp that spwlnlt.v tin tin
ether lift In lis upxvaiil flljlit. tni
r.v I tiff the qiinintien te a nexv lilRh tererd
nt J20'A. Th was an ruernlcht Kfllu
et i!',4 peliitc. TIip Irntllng wnn quitr
iH'tlve, while the lleallnR supply, net -wlthslandlnK
the iihenemcnHl ntlrance
et the pnKf. tour month, wm found
equally limited ns when thp tock eeld
20 te .'10 nelnt under the fiirrent nnn-
V latien. Thp rlret preferred followed ns
' iiriinl. niul en etuall trnnsactlens ad-
rniited 2i point te li'P'.i-
The Street I confident the dlrldend
i te bp incienscd, peintlnc out that
in paving only ?4 a year in illvldends
thp mock is out of line xtith nil ether
leral ntPpkM. Jt li also known, liecatif-e
of the. huge sucpph of the new ven
ture In Ualtitnnrp. It has Iippii ilepldpil
te open Mere In ether InrRp rifles
In the nearby Slates.
The movement was virtually Inde
pendent of the KPiiernl lift n the Irntl
ing I'lsewher.p reumined qtilei. There!
wax. hexvever ,n fre.'h revival of speeu
lntlve activity In llndle Corporation
lifting that isup te (IVf. iliereliy re
RnlnliiB about nil thp recent less. Lake
Superior made 11 imall frartlnnal gain
en the geld mine story rpnehlng 11'.
eaunl In ilie IiIeIi of the year. Phlln-
I 'delphia Elprtrif shaven remained firm
1 I at about thp Ix'st price of the move-
'4'ment. P. H. T. continued nuler at
'4 j33a4. There wn further evldeiipp nf
I accumulation nf American Hallways
14 preferred, xvhlrh displayed slgnlticant
jfirninep" at 41. I'piinsvlvnniii mill hung
4 j around 4HTh. I.ehlgh Navigation xx.t
, unihanged at "(I.
4 1 Ilnth t In linnni'inl anil mnrkeltl com-
tnunliy xx-ns ciirleubly indifferent te
ypMenlnj's interesting primary elec
tion. Much mere discussion i lis te he
n 14 l hen nl concerning the forthreiulng iun
' T 1 1; ifpictiii' hi'ixxppn Presidenr Harding mil
'.,' 'the railroad pipsldetil. Fer some nc
r ' 1 ..u ..-..... .i.. 1.. ... ii....i-..i
, 1- , i nil ifii'"ii iiivii ii nil lllllllPKlll-t II
yt 1 fpclinK of iici'veiisnee (.'enerpnlng this
-t mettlng. Perhnp I his Is better ex
I pliiinc.i i tin remark of a prominent
j; j railroad official lie e.ilil. "Vp nre
14 -nrt of nfrnid the l'resldenl I going
14 ' Ie nk ni in de "-enieihlne which xvp will
net HUp tn de, bin xxhk'h pestlhly xxill
bp hard 10 tpfup."
1 no
r.M
100
38 U h
2174 '
79 V 4
16i f
35 '
33 ..
621 1
166! -1
100! I
16
13'
155 !
49 V !-
87 ?
17V
44 -
60
DO
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31 "'1 t
31 '4
29 -t
74
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132 4-
29 ?4
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40 ',
12 -1
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17'4
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23 !
55 ? I
73 V -22'4
i
ire
39
40 V
96"
110
5 V
81 14 f
67 V r
75 -88'i
71 ta
76V !
36 V
601 r
29 !
18 'r
105 V -58
-43V
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75 '4 -1
1 V -4-
8V ?
2?i
19V 14 V '
99 I
3G'4
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13
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5714
40 V !
86 -30
V -3014
f
47 ?i 1
18 .'4 I
36 V -10'i
55 -
61 U -35
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21 -78
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107V
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87J4 4-
121 !
14 -
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70
414 I
63' '
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I
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SV
10 '4 -
74 ?i i
1414 :
11 J
43 '4 1
32'4 1
51 14 1
90 V
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56 ?i .
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187J4 i
115(4
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52 7, i
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47 V !
47 ,
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29 :
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71 -J5
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137',
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140
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1 AMFRIfiAN STORES
DCaPurn mciw TfiD
2'" 111 HI II II II 111 II llll
i IILIIUIII-V I1UII I VI
M. .
1.
9 V
Pi
3 4
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P.2
Street Rumer Had It Dividend)
Would Be Increased te
6 Per Cent
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Philadelphia Stocks
Pi
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H
14 '
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1 V
V
'i
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Ilnth Lew
ir,rri Am st 1 . 1 ' , ns
115 de I si pf.l.-ill, 1."
:v' Am u pf 11 41
L'-'iH'en l.eath .IS1
."OtC'erre ip
Pasco . :ie
I ()'. r,hlle Cep L'P,
lOOtCel i-npli '
li'i Klec Ster
new ... 411
liWItC.en Mtis. 11!
J) In Ce A :t.'i '-a
".-jOtKeniiPcett .".Hi',
11)0 Lake Sup II a,
Kt.ri IaIi Nav . "It
Wlt.Mldvnle.. 1(H,,
2i'l Penim U K 10
111." Phlla Ce
I'liui pf . ,1Si
'Jf!7 I'hl'a Klec 2fHi.
Sl'.:i de pief.. Ufl'?, 2f)i
r,s." Phiia n t :w mm
'.) Phlla Trac Q " 2
1010 Kndie Cor ffi
SOOTone Jlel. 1 f k
100 FnlenTrnc -J'-''-..
se r (; r pf. r,3as
'.'."i V Cramp
fc Sen" . ."."
.".0 Yerk It pf :i7-
In The
Seventh
Century
When Heme had reached its lowest point
of existence since its foundation, whin
rnttlc grazed in its streets and thn Meat
of the Iamb was hen id in its one Vuiv
plaras, and rust and vuin lay thick en
the broken monuments, coins wcr nevir
. seen, nnd cattle, sheep and imiserable
humanity in chains became the money
"the living money of the dark ages."
Glory, power and wealth had departed
Jlut vc in thin ngc rebuild se seen and
repair the ravages of war and tlq,e l0
quickly that n deserted city i nln'et a
thing unknown. Coins and neUf which
years te come as they are new ir thi
land of plenty.
Why net put some of your eamicjft ajidt
for your future needs ? Where find fct. I
tcr place or a mere convenient nn& tiisr I
Opposite Bread Street Station
Take a Step in the Right Direction
Third
Wat i a i al B at.ft
Organized 1863
21 'a
4',
4U
IS
5a
38i
ll'i
70
-10
IIS N.t
r jl chi
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I SVi rhrit mart' by rnmparl,nn xvllh Mat '
m en ion. hiccK i.xcnanm
! PHIL.IF.I.I'HIA I10NI1S
I fniO Liberty 2d lsML" reg.. fill. 20
; 1000 Liberty 2d 4'-4s '42 P0.40
i IIOOO Liberty 2d 4U "42. .lets 111). B0
1000 Liberty 2l 4V4S 42 WI.M
I 200 Liberty fid 4,iu '28 reg.. 01). CO
I olio Liberty 4tlt -l',s '3S reg. OO.fiO
11)00 Llbeny 4lh 4I4N '.'tS 00.00
I '.IIHI0 Liberty 4th 4Hs '3S..letfc 01). 80
.'llll Victory -l-i '2;? rcc 100.20
2IMMI Kleclt-i.. A. Feeple'. 1b... tlSL.
."1OIMI I'hl'a Cn con- ."s !i2
."IMMI Phtln F.lpclric l-l ,'iH..lnf. OS
."lilt I 'hi' 11 l-'.'pclrlc s ,-,v iWij
I2IKMI I'IiiIh Klectric Kt ,"..ei 0ir
KHKNI Phlla Kleetric 0 letn IOI14
LOCAL MINING STOCKS
ruNOPAH JSJOCKH
ammmmmmBteJ
1
Guarding against Less
A clever creek can execute a well
planned theft in very few minutes.
The suburban estate, the town-house,
and the business office are all the prey
of the experienced cracksman.
The one. plncc where personal trcai
111 es ate secure against fire, theft
or less is a modern vault such as that
of the Franklin Trust Company. Indi
vidual boxes for .$5 and mere' for the
larger sizes. Open from 8:30 A. M.
te 4 P. M.
Capital and Surplut, $1,900,000.00
Franklin Trust Ce.
Main Office: Fifteenth Street below Market
Delaware Ave. ic Market St. Fifty. second & Market Sti.
Germantown Ave. above Chelten Ave.
"The nililolien That Gave Philadelphia Day and Might Strvitt"
Vl
.' i
1 ,h Mux
Urn P.utlr
ilaeNxmai,
f're4cni
.tli
Mlre.ih '.itenHnri
Murium,
Verth S 1 1
r.n K'.il
T'ln'Oih F.kln,'nn
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9 :xv '.'i ii (11 '.n
FOREIGN EXCHANGE
Npxx iirk. Max 17 IpPii ng Iie
tiret in ih fore c 11 ex.' hnic;p ni.irki'i
fhii iimrninc sh.nv xxeaknes- m the
al'id exchanges anil in Scanriinaxian
fitiiMer- cxniinued " cliinb a ml gained
ft point ever TeHteriln"-' losing, xvhith
I
Fleserve Banks'
Knoth
tlemli f'rnc
I'racKerUrk
I'lam Jt U
)'leie-ir
finldf Ten
Cleld Iiev
Kiel'lf li-fp
r.r-al lleiul
.luinhe Kit
! Kix inaii
line HI ir
- - - file
Discount Rates ' iixVi''irk
teddx- In .Montreal i-;i" I per . ent. TIip
rli-reunl en Canadian fund", in Npix riff'-i ruenjni ite t ih fveixv i-.h 'rHihnri
llpk xxns 1111 thp liann of an ennlvalPiit r ""'"' i.nk -i- nr folio-. I
.'IZ
ni
.02
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.17
.04
.a
02
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was the bixb reeetd of iIip xphi. Marks iciiblee
MEWSURGER,
HENDERSON & LOEB
:, ' 411 vaunt ti imiiv i uu unu
V PUihiilfilnUin Sltnrk T?Trhnnntia
1410 Chestnut St.
If:""
mw
"Wfli
ir;
MfflhT w
pi
DIVIDENDS DECLARED
- IVin r.s Tvn nt. ..r.niMi t,
p m . 1n" ti 1 1 '! . f "feM la 3
1 e r RMit' 'r rrpan rjunrtft,1. 1
. i n' .1 '.I'l iinn ntM piA'p-rfd ie'h pa
t p I ii.t l-u ' ' rr rr! fa 3'
(,..1) jie i n -iip ri. pf Arr,rt'.rt nu
pi ' !, ; ' ui pr t rt i h v., .j a
J j'" It1 1 K 'r ' i rl J,jni 1..
(,- il n r p.ic 0 TV ( emphin
i1.:-' i.; '". .:- cn .'JVrr rZ" .'xmn,, ' wn4 attributed te sentimental ihsap-
immi hi" .tun- l.'i te nn' nt rM ,M
Hi ami prtftrri-l June I te ftei-k or rei.
Um li' i """ -"- .;:--; ---- T.u w.d
vki niii stirn ("empaiij. 'inarter y a rn from tbe principal r.urepean xievern- t'flli Kept.
-ih na abl" Jnb 1 19 un.-k of rteerl i WPnlR nbread. ' ', fVM .
ti-a. i Hindi -e . orperaiion. ninnmiy i Shei'llv before min-uav hip tn.irKer ' t4' Met!
of Wc. the hlghrsi reierd ter the last
txre year. neumi
vr.STl.TtD.xr is fliSIMt w n MPtns ' rhtlad!?prta
?terlniit Cianr. I,.r l Jiji.rlerp I Cleelnrt ..
ixminil . . 44 a 11.14 f. j, as 72 R'climen'l
lest I'i. sterlitiff xviif net appreciable. I
changed xvhile francs lout 3a. Ilel
' gian .r' lire 4. Norway and flxrprlen 0.
jiind I anih 1. Si gained n point,
vxliil.. -ipiimsh inndp a jump of -1 point-.
I te ilie IujIipm ipiotatiene in h ii'ipiber of
vppIxS nuxi l lie course nt iup tnarKPt
4 4R mi', fi ss', as.'
TODAY'S OPKN'lNf! Q I'O TATIO V.
Merllnt f'rnis l.lre (iu Mr
D-manrt . Htl. I'i -MS', 3D 77
CWe ... 44ii 0 II . i'l .a,;
jviinnta
Chleain
r St. foil'
Mine pel 'f
K.innaa r ix
rialliR
San Franciaru
Tr.
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Mhi pelntnieiit exer the attitude assumed by '"f. jir.
"''""a thin Government toward the overtures I ,! A.J
S. Certificates and Treasury Notes
Ma I in 'n;
ii' 1 -l 1 l .1
llll 1 .! Inn a.a .,
i 00 H-iT.' IOii ;t. in i g.H
1 in i
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tllili.
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19'J2
ins.i
Liverpool Cotten i
l.lremoel. Mx 17 -A uneJ buamere xa!
done in pe' co'ien iqnai ivjt prire, ivre
Eden
Kmma S .ic
Flureka i'rne
Kurelxa Hiillx
Herla .
Ma rah
Methi' l.eil
Ne Hill.
N'ex' W dr
Siirre-
Tetupa .Min
X'il. II III)
While I'ftDa
Wllbert .
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WeJiave prepared a comprehensive pamphlet
with map, en the
Public Service Corporation
of New Jersey
with'particular reference te the corporation's
Common Stock.
Copies will he furnished en request
Robinson & Ce.
26 Exchange) Place New Yerk
Mttnbett New Yerk Stock Exchange
TAX FREE PENNSYLVANIA
MUNICIPAL BONDS
LANCASTER
.Scheel Diittict ., Ie return 1.00
MAHANOY TOWNSHIP
sdmyi uistiict r.s te return 1.20
McKEES ROCKS
S'hoei District .V.s te return -1.30
LEWIS & SNYDER
1524 Walnut Street Philadelphia
Sprue 6883
Phc
fill!- C. S. PATTON & CO.
Il4 M K f I T - IK
BANKERS
' pwrr i
VTKVn
fSNSn.N
i.atuai ana
100 100 ir..32 S.ill aaltr ""lb 1;V' ,JU R rteellne of 7 pulnla , M(
100 8-ia 100 JB-Bl! 8.18 ter mldrtllni 121. The anlea xvtre 18, DUO
100 fi li) jne. it sfi a j? i bhlii Thn reealpia xrere 14.00U balea. in ' "
K") 100 1 ie 3 30 PlunltiB 8.400 UI.. Amrlc.n Futur.. I "' cellat
I'llT 10O 1P..1' .1 44 ' XXrif trwuj " '" --'j ui-aiiiiHi, PpOt
KiniJ tna in 5 ! .. prlree xvei.e . . Amur-ran . . inlrtifllnr fair.
Pf; ,.e. p. "P e Jan. ,1 . a'eci. of r,ceM J,, f'r'em ,hp ope,)ln, fi,,,,,,, lmt , ..jjl j. ,M4 103 , ,, , , , ,",, .8 M ft MXTi:
' hinrien vxtr Penr i'e npn' nuar ' pie-l can' iii(ifntinns xx'pip -till under ,J m,'), in; inTr. 1 101 7-in 4 'i pod urrtlmr'. in.nrnl, anit nrillnai , Ki.ir,d
ii., f '."a .PAiat'ie Juh ia te -in- of ' j,Merdnv final An exception xxas !; Mm iiuc iei ri-n. mi m m , h,, "
r"V,;1, t' rf- fnmp.n- iu, ... P. 'nu.Lle.v " hh'h re.nhed i . ix hisli ri lihirrrV.AilTr,,;?";,',!. Raw Sugar Active and Steady
'Te. .'-' --.li I-." '"' "" J"' " ' '" '", "' "'""' ''"""'" ,""' ,','!"' "n 'H' ' mM""' ' Vwk -Mx K ". ,.,.rm..r
xi rc-i'l..'i 'i'"'i,f hi ". J'j n- tatieiiK xxeie Ml "HE crln. I 11'4, i ,. mnntfa'e'j .. i ,,mi ,.rtv xvHh
ONEY-LENDING RATES
Yerk Meney en mil heth elaas.a
trai. UDfncrf tedax at au n. .....
for Unilln an'l renewing.
, rnn.Anr.i.pniA cui, r, P,r ..nt nmi
fi per cim: commercial paper, three te lr
mentha 4'i Ie fi pr rent.
reni pa all
.Vim .1
rtliMn Amer ran f-i'sa' fempinx niur
t.rly of J1.7S en piefrreit payab: July l
tu atecK of reerd June Jl'
Fdrl, leiHlr and Hatnc femany,
idwrurly f l'i Pr cmt eirprafrrfail, m.v.
ZjLwy M iMtVatacaV4C ;aVU).3,
no. k of r-eer'l tlemaild 1,4 ( ' 4 ; franc cilh'P !l 11',
ichecKs il Kl-V DpIuIiiii cnhle S..".0Vj. ' ., ,
eliPcKK h.tJfl'i-, lire cable " -''""i . . re reniln;
checKH .'.i'i J guilder cable iitt.Htt,
Cheeua HH.7H ; mark .34'-,.
DANK CLEARINGS
'ailnttr. tnl4J 'OirpareiJ i ih rer'
it 1av la at tixn vente
122 1921 1l)"fl
f77.OO(I.OO0 177. 0111. S3 1S..1.4'
.HOT,
,n.iniu.iiv, iiiiuDiied" .a,.ai,.vx; 1 , I ..i Vm X iih- .
r.ii'Me fur XIa anil June ahipniMii ouetrri
at L'.-nie cnai ane ir.irr.i haira jcaier.
i flay cen'latft Pf ,4" 00d 'e -,0,efifi ba,a at
3 ,.me iei lain piy apipmni all le Ih.
Amarlean Surar Rjflntnir t'empany 'Jhe
local reflnid markat it unchanirM. with lin
o.eoe, iua 3
Bar Silver Moves Higher
liar ailx'r '.i hlhr In 1-enrtnn ie
.lay at Sd'ae1 Thia i a new hlb rrcenl
for Ilie ar
Londen Extend Trading Hours
landtt, Hay IT.-Th ,ovrrier, of the
i JS?.." " w n'cLaM ln'' MtlH'
eplsUQlU Vrt "ii"' "W wmIlWhw.
$12,000 Life Insurance at
Age 35 for $10.08 Per Menth
In Hnlllil-Unn feniuunv
Send Yoer IlMe of fllrth nnd Iern
What S10 a Menth mil lie for ni
PEARL & SUDl.OW AGENCY
"llenendaMa Inauranre Hlnrr ISU.1"
The
First National Bank
of Bosten
Capital, Surplus and Freflti
$37,500,000
I. Franklin Heward & Ce.
Cartilltff Public AcceunUnh
Laa4 Till HMf Mun a!
"
1 . I.
fF
Frederick Peirce
A.r. "SS
' ......ii m
m Pt. rim "' 1.
HUM
" . ' '-'.' - -l.
' ' I
.V.W5'. 'f
. ' A "'jt '
I., ,f 5KveXwMirfJr!Mir.w
,r, ,y tA''J'h?A'-"!'W."
-" 'mnMnfr--, x ' :...x,- . .
r .tt - a