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pw"
' i
?1
MtawwU
urn:
Xj$y.r
H 'Sric ancf Sfdbi7.lv
I:
?
Lv
t.
"W
The Industrial
Development
of our neighborhood has
become nn assured fact.
The clo.e proximity te
the centre of the City
the supply of labor the
nearness te the Delaware
River Bridge terminus
and the opening of
Sprint? Garden Street te
the River, arc all fea
1 turcs that recommend
this vicinity as an indus
trial center.
We have nothing te sell
but SERVICE; but we
will be glad te assist you
in locating near us by
finding a site, appraising
values, or insuring your
title when purchasing.
Integrity
Trust Company
Fourth nnd Green Streets
AIR WAS CHARGED
mmimwwmmmmmmmiwmfmmmsmswm.
ttrpmmJbtPSX!mmmttArmA.T. ' 18, lezr- :7:.r." ':: v. yy-raria
-' ' ' ' .... , , , t x.-j t t i' i i II i. a
i n m i nrni lin ii
EVENING PUBLIC LEDGE!
NEW YORK STOCK EXCHANGE TRANSACTIONS
WITH MERGER TALK
Capital $500,000
Surplus and Profit. . . .$1,860,000
r&
IT
Penna. Tax Free
Hydro Electric Bends
Leng Term
Te Yield 6.45
f
Baker, Yeung & Company
JOSKl'll . SUA1N. .)r.. JlJnatcr
Land Title Bldg.
Bosten
Philadelphia
vk havi:
MONEY
'or MnrtffRBei.Any Amount t'it rropertjr
ABE KOLSKY
.&COMPANY,inc.
N. W. COn. OTII & WAI.Nt'T STS.
Although Lacking Yesterday's
Breader Movement, Market
Remained in Excited State
Nry Yerk. May 1S. Wlille today's
sievU innrkct illdplnyed n tendenry of
jliniiKiiiR te the wind, trndliig reiitinuril
lirend nnd netlvc. Mpi'Rer rumor- 1(cpt
tlie steel nnd copper i-teclis In the fore-
'Rrennil, although thcre vn" n iietlt'P-
nidi' nbciice of tlie sjieetiicnlnr demon
Mrntieiis witnesved In the Immediately
'MeiedliiR M'ealnnx. NnvrrthcIcNM new
high ground wns made hv different 1riieh
in tliefc Kreii).H and the general lit
m kept mere or le. In an welted
condition.
The air a licit lly rlinrscd with
miTRcr talk, which iitupiestlenably ie
inalned the dominating .poettlittlvo in in
flueiife of the moment. In fact the
"trect wn Mrlunlly Heeded with re
ported (onvelidatlon nnd similar do de do
velepmentN. Thee nnialRamated ru
mors Wrtiinll.v involved net only all the
xtei-1 and copper -hare" hut nl-n the
MiRtir meters and mam nf the ether
InilitstrlaN. Much of this talk, of
course, appeared te have little founda
tion, hut as it Is the Mprriilntlin feed
of the moment there was natural!) a
tendency te play It strong In every con
i citable (piarter.
Much of the alarm occasioned by the
dinner party te be given by President
Hauling te both the Mccl men nnd the
railroad officials apparently evaporated
ever nlzht In truth there were many
in a frame of mind te make tt con
structive deelerfuent out of the event.
The steel group had some help in
the leperted pig Iren ndvnnce nt Chi
i age, while the general list found on en
tinned geed support in the liberal of
fering of call money nt !!' per cent,
despite the (ievernment withdinuiiR
Although lacking yesterday's lirender
movements, the market made further
upward pnsies ilurlng the morning.
National Lead and American Zinc pre.
fericd and Itutte and Superior were
ndded te the stretiRer mctnta, nltheuRli
additional substantial gains wen icg-i-teicd
by jesterday's active lenders.
Mldvale, jestcnlay'N spectacular lead
er, opened with a transfer of -1(100
shares at 44. unchanged from last
night'.- limitation, but ran into a veri
table avalanche of profit-taking, cans- I
lag a ipilck decline te ll!t,i. Other in-
dependent Mecls lield or enhanced prevl-
oils gain-. Activity cropped out In
Ciui'ihle. Vanadium and Ueplegle based
i ii talk of a combine Involving these
(empar.ic-. which seemed te have flimsy
foiiudatien l-'itudsn issues were stiong stieng
i t of the oils and higher pi ices ruled
among the leather, textile and .mail .mail
order anil merchandising shares.' To
ward neon i lie mils showed signs of
being whipped Inte line.
Dlv,
Pnl'i In I
200
D00
100
700
4400
100
tee
100
tee
100
300
300
tee
23 00
Commodity Markets
Aldine Trust Ce.
Frankford & Seuthwark St. Ry.
Equit. 111. Gat Light Pfd.
Keystone Watch Case
North Penn R. R.
Minehill & Schuylkill Haven
Northern Trust Ce.
MORLEY, WOOD & CO.
1,1 333 Chestnut Street
Member X. . 4 l'hll.i. Sleck rich'.
ItS
K7
broeke, stokes & co.
Investment
Securities
Philadelphia
Washington
Baltimore
GRAIN MARKET
Chicago. May IS. The wheat mar
ket opened steady today at virtually
unchanged prices for May and .Inly
and 'ic te .v higher for September. (
The ultimo of business was snmll hut, i
, during the early trading, prices de-
veleped a tinner tone in absence ef1
'selling pressure, despite a decline of
'jd in the Liverpool market. There .
.... ..li i e 1..1 ,,iw, 1.... 1..1. ... !
were uvuvi'l li' in iiii. wuu uurui-i-- ,u
I May contracts in Chicago, but the wheat
(Wiis promptly taken up by two promi premi
'lient commission houses. On the whole,
i there were little new features te the,
i market and trader- were cautious,
i Cern started unchanged te ise higher
and early in the day ruled stead),
although prices reacted from the top.
There was little feature te eats, al
though expert sales yesterday were
nbeut .100.000 bushel-.
Proisieus opened quiet and steady
with narrow price changes. Hogs were
Istendv te stieng with lie bid In the
West
C.irn Trcv. f"lee Open
tB
tee
200
100
tee
tee
100
12000
tee
2600
900
tee
3200
tee
200
16200
700
100
430
1300
300
tee
100
100
. 2030
100
3100
300
12000
700
400
100
1800
2900
900
100
1100
2300
1303
100
1203
100
100
100
600
103
2900
100
100
300
100
1900
3800
200
100
52
200
1000
100
293J
12030
1600
100
700
9030
300
100
400
100
11 CO
600
3800
900
1600
100
103
100
800
1900
100
700
1103
1000
3700
100
2630(1
8010
4700
10700
100
103
2630
1800
500
15430
100
STOCK ltlrh
.. .Adams Kxpress . ,,. 64J-4
.. Ajar nubber 17
. . Alaska Geld Mines. 3
. . Alaska Juneau O M 1 Ji
Allied Chcm & Dye 60 ?i
i Allls-Chalmera .... 40 Vi
. Am Asrla Chcm ... 30
Am Aprlc Chetn pf. 64
. Am Ilcct Sugar .... 41 14
.. Am Besch Magneto. 45 'A
Am Can 40J
12 Am Car & Fdy....160
Am Chicle 12U
Am cotton Oil 20 H
.. Am Cotten Oil pf .. 58 Ks
. Am Druu Syn 6
8 Am Kxprcsi 136
.. Am Hide life Leather 15 ',4
Am Hide & Leath pf 69J's
7 Am Ice 107
Am Intcrnnt Cerp.. 40
1 Am La France Eng 13 H
Am Unseed 35?
Am Linseed pf .... 56
C Am Locomotive. .. .114
Am llndlater 101 'i
.. Am Safety Razor... 7Yt
Am Ship & Cem.... 17
Am Smelt 66
7 Am Smelt pf 98
3 Am Steel Foundries 38
.. Am Suuar Itef 75 H
Am Sumatra 36 Ji
9 Am T.l & Tel 1221a
12 Am Tobacco 141
12 Am Tobacco B 137
.. Am Watrwlts 6 pf 31 Vi
7 Am Woolen 92
.. Am Writ Paper pf . 33'
.. Am Zinc l.d & Sm t 20
.. Am ZlncLd&Spf. . 47
.. Anaconda Copper.. 5514
6 Atch Tep & San Fe. 99 V
5 Atcli Tep a a V pf. 91 14
.. Allan nir & Atlantic 3'4
.. Atlantic Fruit 3H
. .. Atl Gulf & W 1 S S 38
. . Atl.uiGIf &W I pf.. 21 V2
7 All ncfl'nlnjf pf . .114
. . Austin N'lchels ... 25 ?i
7 Baldwin Locomotive! 17
.. Baltimore & Ohie .. 47 i
4 Haiti & Ohie m 60H
. . Barnsdall Class A.. 50
.. n.irnsriale Class B. . 34 i
. . Uatopeles MlnlnR . . 1 V
. . Bayult Bres 48
5 Betbleliem Steel.... 76 'z
8 Beth Steel 81 pf..112
5 Beth Steel B 77 Ji
. Brit Km .teel 1 1 Vt
7 Brit Km Stl 1st pf 76
.. Brit Kin Stl 2nd pf. -BVz
.. Brooklyn Edisen rts 2i
. . BUlyn Rapid Trnnnlt 25
. . Brown Shee 51
7 Brown Shee pf . . . 90
fi Buff ftech & Pitts.. 63
. . de Odd Lets 64
8 Burns Bres si 133 'A
2 Burns Bres B .... 40
7 Bush Term Bid pf. 97
.. Butte Copper & Zinc 8
.. Butte Sup Cep .... 33
.. Butterlck Z9V
6 California Tacking. 7814
.. California Tetrel .. 57
.. Callahan Zinc ft Ld 9'i
2 Calumet & Arizona 61
10 Canadian Pacific ..140
.. Carsen Hill Mining 14Ji
.. Case .1 I T'ew V?
.. Central Leather ... 38-f
. . Central Leather pf 71 U
.. Cerre-dc-Pasco .... 29 Ja
. . Certaln-teed Pred . . 50
fi Chandler Meters .. 74 4
4 Chesapeake & Ohie. 65 '4
.. Chicago & Alten .. 8i8
.. r-hlcane & Alen pf. 16
.. Chi & E III (new).. 39 V2
.. Chi & E 111 (new)pf 57 Ts
.. Chi ft Gr West pf.. 21
.. Chi Mil ft St P 26 V4
. Chi Mil ft St P pf.. 43 U
6 Ch' ft Northwestern 75 H
. . Chi It I ft Pacific. . 45
C Chi It I ft PacC pf 81 ',j
. . Chile Copper 23
.. Chlne Copper 32 !
4 Ceca Cela 59 W
. . Cole Fuel ft Iren . . 37
3 Colerado ft Southern 48
6 Celum Gas ft Elec 87
.. Celum Graphophene 4
4 Cemput Tab Bee ..68
7 Consolidated Gas ..118 '4
,. Conel Textiles ... 14 '4
4 Cern Products Ref.101:
43
Crueible Steel 73 '
..Cuban Am Sugar .. 227a
7 Cub Am Sugar pf . 90
. Cuba Cane Sugar.. 155
, Cuba Cane sugar pf 34 1
Davisen cnemicai.. uu'2
4200 2' 3 C'e.sden ft Ce
700
1100
100
100
330
5700
July
actit
Wheat
nm
ni'j
I'm
MORRIS J. ROOT
Certified Public Accountant
Lafayette Building, Philadelphia
1 I.-.",
1 "J7
l.'JO'l
Mbv
July .
STt. .
Oats
Tulv .
. s. r-t
1 iu-
1 ,Iu v . .
Sent
t.ad
Jj . . 11 00
40
114
P.1U
(17
1 l.'.'j
1.27 ft 1 2T;
LSI It 1 'M
40
41 '
t.Ofi'i
1 r. y.
civ,
Hi, 1
1.41 j
1 2'1' 1
1 1'0 j
te 1
41 I
1 tiui;
11.0 J
Lawrence E. Brown & Ce.
CERTIFIED PUBLIC ACCOUNTANTS
lSO BEAL ESTATE TRCST BLOO.
Inrstttsita and adjust corporation and
Krtnjrshlp accounts and prpar Inoemo
z Rtturns.
b
Ft
COTTON MARKET
New Yerk. May IS. The rettnn mar- '
ker was irregular at the epeninK. Ma ;
and March were, three points hlchcr oil
Initial transactions, while ether option-
were two te thirteen points lower. The
selling came mestlv from commission '
houses and New Orleans, presumahly
baeil en better weather In the .South
west, Liverpool bought considerable .it I
the outset. There were sixty-eight j
notices iHSiied this morning. After the
start, the list improved en covering 1
SALESMEN
TVr nlsh-class financial erirantzntinn r.i- .1 , .1... ..-.. .ft. f ..nm tie.w.. M..in
sHsrjyn rvu1 jsia Mu " nii '- !. ? :
t the belt. !
Ittrrlpts nt the ports fur the dny are
Annii.il Elrtlnn e-tllllllteil 'it IL'.OIKI bales, agaill-t
P CAMIIKIV .VIXKI, tOMPA.VY Ms."'l' hale!' a eek112n, . Tf bales
t t 1 ilia Annii.il M..aI inn ,.. Id 1 a in inrt 'illi 1 1 1 7."i 1 Itfiutk ttt ii 1 nnrs
930 2 35 DeBeers (J Mln Ltd 21 '2
0 Del Lack & west. .ua
1 Deme Mines 28
. . Duluth Se S ft At nf 9
6 Kastman Kodak new 77
.. n:ec Ster Bat new. 423
.. i:ik Hern Ceal . .. 20 '
5 Kndloett-.Iohnson . 83
1 nnd'cott-Jehnson pf 1 10
.. nrle 'I5
.. Krle lit Pf f2
. . Trie 2nd nf 15
H Kaineus Plajers L 82
? Famous P. avers if 93 J4
Keil Mtn Si Smelt. . . 15'4
4 I. d Mln & Smelt pf 53 "J
10 Fltiher Bedy U5'j
8 Klshet- P.edv of O p 95 t
, risk Rubber '
. . Frecpert Texas 22
,. General Asphalt .. 61 '4
6 General Cbjar t.Ji
8 General Klectrlc ,,65''?
.. General Meters ....U3'?
6 Gen Met leb 6... 82 H
. Gi'.llland Oil , 14
,. Goedrich (B P) Ce 41 '0
Granby Cen M & S. 31 Ja
7 Great Northern pf. 73 ?s
4 Gt North Ore ctfs. . 41 V2
Greene Cananea Cep 34
'.'. Gulf State Steel E5
iinhlruhnw Electric
At tf" Annual .Mneimz nf k,,i,. ' n e.ir .120 and It
holders of f'ntnhrla Ptrel Cnrmunv k.u '
Mar 10. 102'i. th follewlnit Dlrcieri wr
vins.ru ,i n 11 n. u uiirn j-cara te succeed l1i.v
flinM .Vinn t.rm nynfriuti -
john r. NKAi.n
S. M. VAfCI.AI.V
1 .. ni-i.ii... rti Sre..Hr J,inuar
I .Inly . . .
I (h tebpr
I PerMmber
Y. . . 1 , .50
j I :'7
. I'M 17
L'll lis
1 'i ii 1
in 70
Opn,
21 3.-.
u a.-i
.mi 1:.
11 117
l!l 10
r.i.7.'
1 P M
L'iVi.:,
."I 'J7 ,
L'O 17
lli i't 1
l'reinis;il
iirrTrTTiTtmrouNesTirl new yerk coffee market I
A8HTAIIULA UAIMVAV COMPANY ' New Yerk. .May I1. The peer show shew show
Olllce of tlie Treasurer ing of the Santes market seemed te
PlttsburKh. Pa, May j. 1S22. bring our further lliiiidatleu in the
."f1ff,rS::nV"n'i!',0u-r ET' Ctlp(r.M. futuies nmihet today, with a In-
cost of Perty-ilx Thousand Kerty UeliafS ''III opening nt declines of 11 te lli points.
500
100
100
500
100
100
100
100
1000
400
200
200
600
200
400
100
100
100
14500
9 DO
100
100
20830
200
100
330
7700
2300
2930
1300
400
430
200
100
200
6003
400
100
100
4001
16J3
2100
20 '4
7B
JO ?4
10
104
4! i
0
I?
i
Mm.
itU.010) will U purihawd for the Hlnklne 1 the only months in which there weie
t"".'Ln Sih il'?.r yi K L,1-:. '""' Jh trades en the cull, however, being Sep-
and Intereat. Sealed prupemils te aril uenij teniber and Mnrih. Willi .Stieet old
Jleae of buaiimii thrrn n'clecli V. jj i ' ' '"' mnrket developed further weak-.
Wtdnead'iy. Muy 31. lU'ii, anil tienda" ue- ' l""-s around the neon hour, due te the
i-Kied munt be delivered en Juna it or . show of weakness In Ilriizll fni-
aecurlty furnlshtd that ild y. if rrqulrcd that .. iviiuun.s in diiui . .vuii
d.llvery will Le niadu wllhln ten days ,S,iniiis iiune II peer showing liii'l'.
I. II. II. .Mili.Ml.lir. Treu3Urr. J Km i nine in I"." nuil Kid ies lower
Dividends
TUK WI-HT I'llll-ADIIIIMIIA TirUJ
AM) IKtM(IIJH'A.NV
PhlMilelpliid jray 11. lejy.
I'vi The Beard of DlriKliirH h.i thla day d
f llared e BKMNANNl'Al. UIVIUhWL) Ol'
; Wiikh ,a. I.Kit ITVT ,lunr nt ..w .
H ablt June 1. ID--, te meckliuldem us res
WW. . lrM,l nn Iha bonks of the cernnanv ai
lte'',t cleW'Of bualnesa May i'll, llli'S Th irons-
f,( far bee Kb win ue ueai-u iieiu .nay .-ij te
juni i. i..
UAI.I'U I t.KVnrtINfI. Tramrer
" TiiK i'iTiui)i:i.i'iuA "ki.k:tkiu te, "
1U0U CIIKMM'T RTttKKT
Phllndelphlu. 1' May in. H'-'S-The
Heard of DlrectnrH Imve this il.i il.
etared u quarterly illvldnnd of i'c (liflnc SO
cent a kli'irr) upon th euinineii miiltnl
uteck of thin Company, piyabte June 1.1.
lBtl, te atockheldrm of iPLjrd May L-a. IH'JL'.
If. .'. l.l'CAS. TreiiHiiier
rar
n i-s.-.
TUK I'llll,AI)KI.nil. Kl.Kt'TKIU CO.
1000 CIITM'T hTKIXT
!lilladrli'.il,i. l'a . May 1.'.. 102:'.
Th Heard of Directors have thin day i!
elared a quarterly dividend of S IwIiik SO
ceaU a hrr) upon the preferred capital
ateek of thl Company paMible June IS,
1IIS2. te stockholder of rwnrrl .May L'.'l, HIU'J,
.. H c ul CAH 'j'reuaurer.
ICAN HANK AM) THUHT CUMI'AMi
aiid htrffi anu iiihaiuiiH annul
riilladcipnu, l'a.. .'ny n. iv...
"IB
(Sii
.e-.l.
ti rJMl.
l.
Check will
TftMsVfr
l'hls briiiiiiht about tntlve liuuiilatiMii
which sent values down l.'t te 17 points
net. with .lul.v rellliij; at 10:1." and'
September nt 11.70,
Prev rinjn Opin
May 10 WflM IftUOfH'i
,lui 10 a.'lti.'l'i In -f:ie I
Srptfinhr I)7fiMH H.7Kfi7'l
)mbr Ii .Ml 01 (1 Sllll
Maich IM'.'ffll !i3L'H32,
Hendee Mfc Ce
Housten Oil . .
7 Hupp Motorcar
Hvdraullc Steel
7 Illinois Central
Indlahema Ttef
inrllnn Refining
Inspiration Cen Cep 42 Ts
', inter Cen Copper.. 2'4
Interbore Cen Cep pf 4?i
330 5'- internat Cement .. 4 "4
100 .' Inter ARrlculturn . ii
103 2 internat Cem EnB ..25 ?4
6 Int Harvester ne...
. Int Mer Marine ... -3 ' t
G Int Mtr Marine nf.. 83 5,
International Mcltel 18
"international Paper 51
6 Inter Paper pf stpd 67
Invincible Oil Cerp.. 18
' Iren Pieducts 34H
', Island Oil J 'a
Jewel Tea 20 ij
, .lew el Tea pf 7
Jenes Hies Tea .... 43 ?g
! Kansas & Gulf 4?
Kan Cltv Southern. 7H
4 Kan Cltv Se pf 58
Kaer & Ce new . . 4 0'i
'. Keliy-.S'PK Tire 5l?a
. Kennecett Copper.. 30 '3
. Keystone T & It.... 21 ?i
C KresKO S S HO'i
500
200
300
4030
300
200
700
5000
100
200
100
90 J
100
400
100
37 J J
1900
22400
200
100
I.OVT
63 s4
16H
?4
Hi
67 H
48 Vz
38
64
41'.
45 Vi
47 W
159 V.
12'4
27
58'a
6
136
15'a
69 Ji
107
46H
13'4
23
56 Yt
114
99
7 V.
17H
64K2
97
38
75
36
122
141
137
3114
91
33 V
19'4
461.
54 y
9914
91
3'4
3'2
37
27',
114
25
1 1 6 Vi
46Vi
60 Va
48'j
3414
I'e
48
76
112
77li
11'i
76
28 '4
2V,
24 Vi
48
90
63
64
133
39 Ji
97
7
31 '4
27 !i
78',i
E6H
8'i
61 Vi
140
14 14
4Vi
38V4
71
39's
49 U
74
65 U
8',-a
16?s
39
56 Vi
21
25
42
74
44
81 Vi
21 J-i
31
59
35
48
87
4
67
117 71
13
101 Va
43
73
22Vi
90
15;,
34 '4
58
21 !a
119
28
9
76 Ji
42
20 Vi
83'4
110
13
22
15 '4
P1 34
93
15',
52 U
115'i
95 1 b
18
20 'j
61 J,
73
1 65 14
12
82
14
41
30
74
41 l,
32
t5
I
20
78
20
9!.
103
4!i
8
41 ,'i
2'a
4fi
37
11
25
104
23
83
18
51
67
1 0 i4
33
1'i
20 '-j
71
42
4,
27 'i
58
43
seu
38 ',
21
140Vi
1:30
I' M.
Net
Chte,
1V4
'4
V,
Vi
Vi
63-
16-
2Ji-
C8 -i-
48Vi-
38 -
64 -
4U.
4514
47-
160
12 Vi
ae 58Vi
6 136 -
15V4
69J4
107 40
1314 ?
35 1?
54V4 2
114 - Vi
100 2
7 ', Vi
66 r- 2V4
1
tt
14
"14
Vi
IV,
'"Va
"v
14
1
98
38
75
36 -
122 -
141 r
137 ?
31 Vi
Q2 14
33 Vi 4 S3 Vi
!4
'.
Vi
Ji
19
47 r
55 Vi f
99 -91
'4
314
314-
37
27 Vi I-
114 -
!,
25 Ti IH
1 1 6 ',4 - Vi
4674 r 'a
60 Vi- 14
49 ',i i- 2
34 Vi ..
IV.
48-2
76 - 14
112
77 !i -1
1 '4 r
76 r
28 Vi i
2', -24
Vi -50'i
i
90 I
63
64
133 '4 r
40
97 -
7
327, i
I
1J
14
li
14
Vi
174
1
1
14
74
Vi
Vi
1
29 V, 174
78 '.i -56
-
8T-8
61
140
14 r
4'i
3814 -
ivi
14
71 7a 1 Ji
12 ,
IVi !
14
i
!4
"li
"
Vi
214
r.
Vi
j,
Vi
1
i
3914
50
74 -6514
3914
5714
21
25
43
75
4 J
81 '4
22Vi
31 '4
59 14
35 r
4'j
67 -
117J4
1374
101 Ji
43
73 '4
22 54
90 -15?i
34 '4 -59
21 54 -119
28
9
20 14
83 Vi
110 1354
22 -15
Vi -81
93 -1
5 14
5254
115V4 - 1
95 54 54
18
22 IVi
61 54 - Vi
73
1 65 54
12J4 ..
82
14 -41
l,
31 14
75
41 54
34
65
2
20
78 -f
20
954
104 -f-414
8 -
42
3714
11
25-
105
23 54
83
1854
51
67
18 54
33 i-
Hi
20 Vi
71
43 i
4J4-27-58
-45
50 54
38 J4
40 54
1 14
'!
Vi I
!
14
IK,
1Vi
14
v,
i
ii
54
IV4
1:30
P.M.
niv.
S"I In $ STOCK Hlnh Lew
4700 .. T.n.tn.... .. 1Q 70 TRti -
?2n - LtikoKrle Wpf.. 3414 34 Vi 34 Vi
122 ll I''"fett & Myeri ... 1 67 1 67 1 67
zee 7 Lima Locomotive ..108 108 108 -
IOO 2 Xji n.ii.1... mi.. ill! nit ti
tliM ..7 r- ."ra 'noun "'J -
enn n in'KH vallev 63
fcw LervA r- 1R
X Left Candy 13V4
.. Mack Truclc 50
I Mnclt Truck 1st pf. 87
7 Mack Truck 2d pf.. 78 J4
78 Mclntyre new .... 18 14
6 Mackay Ce 91
Malllsen & Ce .... 23 H
i. Malllsen & Ce pf .. 84 Vi
Manatl Sugar 45
Manhattan , til Supp 58
1 Manhat Elev Guar. 49
2 Manhat Shirt 39 74
Market st llwv .... 8
; Mar St Rvvy 2nd pf 23 .
Mar St Ry pr pf . . 63
Marland oil ...'... 31
Marlln Rockwell .. 21
Math Alkali 29
2 Martin Parrv 32
Max Moter Claas A. 73 Vi
.. Max Moter Clats B. 23 Vi
e iiiay ucpt Stores ..117
Net
Chce.
Vi
54
154
14
LOCAL TRADING
NCL
ID TO DRAG
200
100
200
100
300
100
7400
300
100
200
100
400
100
100
800
tee
300
200
2800
1700
1000
100
10500
62 Vi
16
13Vi
50
87 ,.
78 7
18V4
91
21
83 Vi
45
58 54
49
39 Ji
8 .
23
63
31
21
29
31
72
23 54
U7
63
16
1314"
50
87
78 Ji- !i
1854 54
91 - 14
23 .1
84J4
45 1
58 Vi - 114
41 Va
39J4
8
23
63
31
21
29
32
117
'.
23
56
74
2214
30
254
41 14
96 54
110
18
68
76
90 54
71
2900 X UffX'C,an!irIeU'"-,"H '30 132
flf l 129 Middle State. Cerp 15 '
122 - M Steel .... 4414
jnnn st Leula new. 12
Me Knnsas Texaa 1 1
jie an ft Tex (wl) 18
. Missouri racinc . . ,
Me Pacific of
3 Mentana Power .
. Montsemerv Ward.
. Mulllns Bedy
N'at Cen A Cable .
J.at En & Stamp .
6 National Lead , ..
7 National Lead pf ,
. Nev Cen Cep
6 X O Tex A Mex
N V Air Brake . ..
6 .Vew Yerk Central .
5 New Yerk C.QtT.
2 New Yerk N H A u 30 14
7 Norfolk A Western. 1 06 Vi
3 X Amerlcanctfa nf 43 u
. North American rts 7 54
6 Northern Paclfle .. 75 Ji
. Neva Scotia SAO. 31
. Ohie Bedy a Blewer 1 1
. Okla Pred A Re. .. 3
. Orpheum Circuit .. 2114
. Otis Steel 1 5
. Pacific Devel Cerp . 9
6 Pacific Gas A .Elee.. 70
3 Pacific Oil C5
6 Pan Amer 1'etrei .. b5 54
6 Pan-Amer B 58 54
. Panhandle 714
. Parish & BlnRham. 13Vi
2 Pennsylvania R R. . 41 li
. Penn Scab Steel .. 12 54
5 Peeples Gas Chicago 86
. Peoria a Eastern .. 1254
Perc Marquette .... 31
5 Pere Marq pr pf .. 75 l
3 Philadelphia Ce .. 39
1 Phillips Pet i9x
. Plerce-Arrew aioter 18 54
. Plerce-Arrew Met ni 37 A
,. Pierce. Oil 10
8 Pierce Oil pf 55 it,
5 PlttsfCeal fc2 U
.. Pitta A W Va iki!
inn ii' T1.....1 r-.,. 7'
, ww A 73 X-Uiiu l.ieeK LOai ., 21
700 6 Pestum Cereal .... 78 54
100 S Pestum Cereal pf, .107
5100 .. Producers A Ref .. 40 li
100 .. Producers A Ref pi 44
100 6 Public Ser Cor of N J 88
100 8 Pullman 22
800 .. Punta Alegra Sus.. 41 Vi
1300 2 Pure OH 32 li
100 8 Railway Steel Spg-. .100 5J
700 3.41 Rand Mines 28
4800 . . Ray Cen Copper ... 1 0 '
5500 4 Reading 7971
10400 ., Replegle Steel 38 Vi
12400 .. Repub Iren A Steel. 73 54
800 .. Rep Iren A Steel pf 9174
203 .. Republic Meters ... 7
1500 3 Reynolds Tobacco B 4754
2700 5.20 Royal Dutch N Y.. 63 !i
830 1 St Jeseph Lead .... 15
600 .. St Leuis San Fran.. 29
200 .. St L Southwest pf.. 47 Vi
500 . . Santa CecelU Sugar 5
1 00 . . S.ixen Moter 3 Vi
300 .. Seaboard Air Line, . 6
400 . . Scab Air Line pf . . . n '
2400 .. Scars-Roebuck .... 76
1200 ., Seneca Cep Cerp... 14&J
1000 ,. Shattuck Ariz Cerp 1 1 54
21200 .. Sinclair Oil 33 14
1100 .. Slees Sheffield .... 53'
2600 6 Southern Pacific . . fcl 54
1300 .. Southern Rail .... 2454
400 .. Southern Rail pf . 56Vi
8400 . . Splcer Mfg Ce .... 20
1100 4 Standard Oil of Call 14 W
203 B Standard Oil of N J187Vi
200 7 Stand Oil of N J Df115?i
200
200
2200
400
200
tee
8800
200
300
200
2200
100
5100
103
1000
1700
100
15100
500
100
300
1100
100
100
900
1400
700
100
100
5930
2100
103
100
100
4200
2700
103
300
1700
100
100
11600
1200
700
2830
100
100
4900
200:00 Sterling Products..
400 2 Stewart Warner. .
200 . . Strembers Carb
1 1 500 7 Studebaker
400 . . Sub Beat Cerp .
100 .. Superior Oil Cerp..
100 .. Superior Steel ....
300 .. Sweets Ce of Amer.
2400 . Teun Cep A Chcm. . .
5300 3 Texas Ce
5500 .. Tex Gulf A Ship
300 .. Texas A Pacific
1500 1 Texas A Pac C A U 29 Vi
1 2uu ii Totucce Products . , 70
7500 .. Transcontinental Oil 17 54
100 4 Transue Wins Steel 43
300 2 Twin City R T 49
1400 . Pnlen Oil 22 54
700 lu rnlen Pacific 138V4
100 7 1'nlen Tank Car ..100
100 .. Vnlted Alley Steel.. 39Ji
400 .. United Drug 78 Vi
300 3 - united Drug 1st pf.. 4554
47 Ji
. 40
53 54
I20J4
5 54
754
3 54
1214
48 54
4674
33
V
I
'1
114 V
v
i
'2
300 .. United Itwy Invest.. 15
7530 0 United Retail Stores. C4
2100 . l'Si'11'4 Kdy... 3654
1500 r. V S (' I P A Kdy pf 71
300 ,. U S Express 6
300 .. U S Feed Products 474
7600 . V S Ind Alcohol ... 54
300 7US Ind Alcohol pf 95
4100 .. U S Realty A Imp.. 70
1200 .. U S Rubber 64
1500 .. U S Smelt & Ref... 4414
200 Zh V S Smelt A Ret vt 46
10700 5 U S Steel 99
100 7 U S Steel pf 118
12600 2 Utah Copper 68 54
23600 , . Vanadium Cerp , , . , 53
500 .. Va-Car Chemical .. 32 74
400 . . Va-Car Chemical pf 73
100 Va lien Ceal A Coke 56
100 0 Va Iren C A C pf . . 71
1100 ,. Vlvadeu Inc 13 Ji
900 .. Wabash 10
3100 . Wabash pf A 31 Vi
200 . Wabash pf B 20 9,
100 1 Wtber A Ileilbrener. 14
100 ,. Western Maryland. . 10
300 . . Western Pacific .... 21
100 C Western Paclfle pf. . 61
200 7 Western Union Tel. 97 54
1400 4 Westing E AM 63
1700 ., Wheeling A I. E.. 11
100 . . Wheeling A L E pt . 22
700 .00 White. Engle Oil ... 26
100 4 Whit - Moter 43 1 4
600 .. White Oil Cerp.... 10Vi
1930 .. Wick Spcnu St Cerp.. 20J4
500 . . Willys Overland . . 8
100 8 Woetvvorth V W ..157
100 4 Worthlngten Pump. 50 H
100 .2; Wright Aeie 8
30
14
4114
12
11
17
22 74
56
74
r2'i
30
2ii
41 14
95 U
110
18
68
74
89
71
29
106
4314
714
75'i
31
11
274
20 'i
15
9
70
4
C5
58 Vi
714
13 14
41
11
6
I2V4
30
75 54
39
48 54
1814
3654
9
55 54
62 Vi
35 54
?0
77 ii
107
3914
44
68
122
4154
32
100 54
28
17 54
78
37 Vi
70
90
7
46V4
t2
15
29 54
.47
4&
3V4
6
10
75 Vi
14V4
11
33 Vi
52
S0V5
24
56 Ji
18
113
187
115
47
40
53
119
5 54
7 5i
34 Ji
3 54
12 54
47 54
46
33
29
69
16
43
4814
214
137
100
39J4
78 54
45 54
15V4
62
35
69
6
4
53 Vi
94 54
68
64 V4
43 V4
4654
98
118
67 54
5154
32
72
56
71
13
levi
30J4
20
14
10
21
61
97 5i
62 Vi
11
22
25
48 Vi
10
19
7 74
157
50 54
8
54
54
-54
1
30 54 I-
1474
43 54
12 1J r
17
23
56-74
22 r
30
41 14
95 54
110
18
68
74 -90
71 -2974
106 54
43 Vi -
7'4-
75 74 f
31 11 -
2J4
21
15V4
9
58 54
7V4 ..
13V4 114
41 54 54
12
86
12 54 54
31 14
75J4- 14
39
48J4
1814 li
36Vi
10 55Vi
6254
35 Ji
20-
77 Vi - 154
107 5i
40 54 154
44 14
88 - ?i
122- 54
41 14 - li
3254 ..
10014- 14
28
17J4
79 54
37
15
29 Vi .
47
4 r
3 -, -6
.
11
75 Vi 4
14V4 11
33 54
52 54
91 24
6 54-
Amerlcan Stores Sells Off en
News of Increased
Dividend
The local market was n rather draggy
tiffnlr in tlie nbRcnee of fresh speculative
stimulus. Price chnnges were mixed,
with most of the recent active leaders
showing an Inclination te droop. This
was especially noticeable In American
Stores, which dropped back te 118V4,
as against yesterday's top price. The
Increase in the dividend rate te a 7 per
rent per 'nnnum basis, seemingly was
discounted in the recent pcrpcndleiilav
rise. Kvcn en -n 7 per cent dividend
basis the current price Is higher than
many Issues paying similar rate. These
who have been folevvlng the remarkable
movement, however, assert the recent
specu'atlvc enthusiasm was discounting
even mere pleasing developments which
nre te come Inted en.
A jump of r in Cambria Steel te 00
was one of the exciting events of the
dny, nnd was generally regarded ns n
natural aftermath of yesterday's big
splurge in Midvale, Cnmbrln Iren
moved up fractionally at the same time
te :il)fl1. Dealings In both Issues were
of diminutive proportions. Anether
out-ef-the-ordinnry movement was
supplied In the advance In the Fourth
Street National Hank stock te 1103.
Most of the mere active stocks or
these that have been standing in -the
ficnt ranks indicated moderate profit
taking. Tills, nt least, appeared te be
responsible for n decline In P. 11. T.
te t'fc'Prt. A drop of n point in Union
Traction te -HVO came in for mere no
lice because in a recent statement .Mr.
Mitten asserted no relief could be look
ed for from a reduction in rentals te
nuclei lying companies
Philadelphia Stocks
Net
chge
".
r--Vs
.-.4 r.4 1
:', :mVi U
no no 5
7:1 va r.i
54 ." 1 . ,
1:15
High Lew P. M
TO." Am Strs.,121 118i 110
fit) Am Cities
prcf .... , J,i..
KlOtAiiiicnndn ""' 1 "",i fii"'4 91
:i(l Itilff & Sus
t c pref.. fit
DO Ciimb Iren .'ill1,!
10 Camb Steel 110
liltCruci'eStl :s
7 Cen Tr N.I ."it
M Fourth St
X Ilank.I'.OIl .".Oil JIO.T Vj
440tcn Mtr.s. l.",',i 13 1S',h Vt
r.OHnsplrCep I2.-N 4'J':A 4'
ItMlt Kennecett HHTs W .'I8!s K
31.-i Lake Sup. 11 11 li's Vh
fi I.eh Xn v.. 7.' 7.1 75
1U Minehill.. .r.0' fiO'i ri0V4 Vi
!)."tMid vnlc. 44 43 43 1
lli Penn Cent
i.igbt pf. fi4-ij rur, r.4'?i
tint I'ennu H II 41 i 40 41 'A Va
7-y,
l4 ',
M?$
K
Pennsylvania Municipals
Tax Frt In Pennsylvania
Exempt from all Federal Income Taxes
,''.; i
Security ! Maturity,
City of Pettiville 4i 1952-32
Northampton County 4'2 1952
Meadville Scheel District 42 1927-51
Yicldin,
bout
4.05
4.05
4.15
Complete circular upon request
Harris. Ferbes & Ce
Pine Street, Cerner William, New Yerk
Wldener ullding, Philadelphia
Telephone Spruce 7040
1936
1962
2022
1943
1969
1935
Yield 4.15-
" 4.25
" 5.50
'$ 5,000 Bore. of Media, Pa., S. D.. .41't, 1942
'' 10,000 City of Hazleton, Pa., Sewer 4M' 1931-35
4,000 Bore. of Marcus Heek, Pa.,
Sewer 4l2's, 1943-33
10,000 Grand Rapids & Indiana,
Second 4's,
25,000 Londen Guarantee & Acci
dent Bldg. (Chicago),
First Sinking Fund.... 6's,
' 20,000 Utah Pr. & Light Ce. Deb. 6's,
25,000 New Chester Water Ce.
(Chester, Pa.), 1st Mertg. 5's,
" 10,000 Philadelphia Suburban Gas
& Electric Ce. General . . 6's,
20,000 Standard Gas & Electric Ce. 6's,
'Tax Free, vr tux licjunaca.
F. E. Warner & Company
Investment Securities '
Lembard 1398 421 Chestnut Street, Phila. Main 113!
6.05
6.60
5.40
6.50
7.50
19JJ IK
A
'A
1
A
K
.i
15,
K
IK
113?i-i
187 -
H5H
-
120 -5K
?
12?j
47?i i
46!2 33
Z9K
69 x .(
I6JJ 43
48 K -22
137 94 -
100 -39
78 K
45 Vt -f
15?4 f
-2H -35
K
71
f ..
4 ..
53 1
94 Vt .
69 JJ f 1
64 K K
43 J
46 f j
904 r K
1I8 jj
68 y
52 (g
32 - i z
72 -S6
-71
-13
10K
3IJ4 !0 )
I4?i
10H
21 -61
97 K- y3
62! - K
U14 -
22
25 - K
48 V2 - i
'0 ..
1SH-. w
157 ti
50 K- K
8 h K
2
I
nn nun ec i i'; i
7ei'hiia Ce. :iv, niiVs :mu-f-i
10 ilecumpf ."IS'.. 1181j :i8i-.
10.- Pliilii Elec flVj WW -'OVi-f V
'2Sr, ile pref.. ".)(, ''.) tlJITs..
4.-.0 Wiiin it T ;t::n u:Vj :m k-
J00 ltniile Cor .v-;, r, i'4
aioTeno r.ei. iu m iu..
44S CninnTrae 412U 41"j 41 Va 1
:t:t."i I r: i 4.-.:ii .tr. 4r,m. l
."S de pref.. r,:iH 53 M'i;..
.10 War I & S 7v'i n,i 7-?i . .
7." Yerk Itwy '-'1 21 21 . .
tNct chance madn by comparison with Inet
sals un New Yerk Stock Kxchance.
riUIJVDKU'IIIA BONDS
.".00 Liberty 1st ft'js '47 00.1(1
inn Liberty 1st 4'4 '-17 00. J
:i000 Liberty 2! 44h '42 00.02
1000 Liberty 2d 4'4s '42. .lets 00. OS
200 Liberty 2d 4,s '42 00. 4S
:S00 Liberty 2d 4 Vis '42 00.40
200 Liberty 2,1 4'4s '42 00.44
13000 Libert v 2d 41,k '42 1(0.04
.ifKI Liberty .'Id 4Vi '2S..lets 00.74
2000 Liberty .'Id 4',s '2S 00.02
100 Liberty .'Id 4Uh '2S 00.70
11000 Liberty 4th 4 Vis '.IS. lets 00.00
200 Liberty 4tli 4",s 'IIS.... 00.74
1000 Liberty 4tli 4,s '.'IS 00. SS
200 Victory 4-1, H "S. 100.. "0
200 Victory 4:),s " 100.."!
2000 Victory 4:'js '2.'1. . . .lets. 100. 00
1000 LcbiRli Valley Ox 10H
1DIH1 LehlRb Valley 0 102:l', i
11000 I'hilii E'w ,rijH w i.Jets 00 .
12000 I'liilit Elec ."i'.'.s w i. .lets !l
100 I'hila Elec Im Ti- 00 I
1000 riiiln Elec 1st ."J- 08-
.".000 l'hlla Elec Ut ."is (IRij
JtKIO I'blln Elec -i lets 104
KHIO l'hlla Elec (Is lOlVi
1000 Iteudins Renernl 48...'... S.-
AN INVESTMENT OPPORTUNITY
A high-grade 7rc Electric Light and Power Bend secured by
a first mortgage lien en an extremely valuable property is one of
the greatest industrial centers of the United States. Matures in
1947. Callable te 1932 at 120. Pennsylvania Tax Refund.
Net Earnings Over Twice Annual Bend Interest.
Circular and Price en Application
ARTHUR PERRY & CO.
Drexel Building, Philadelphia
Providence
Bosten
IB Bi
We own and offer
Canadian Pacific
Perpct. deb. 4'i
at a price te yield
ever S"c current
N. Y. & N. J. Ferry
2d S 1946
(D. L. & W. R. R.)
at a price te yield
5.50 current
Widinir Bloc, Philadelphia
MrmimPJtHadtMatud
MuiYerkStxk LxtJunftt C
- HIW TOIK IlltABirH. M.J.
m
( i
pagjQPi
Tax Free in Pcnna.
Exempt from all Federal
'Income Taxes
Abington Township, Pa.
Scheel District
4y2
Maturing Mny, 1932 1952
Particulars en Application
A. B. Leach & Ce., Inc.
Investment Securities
115 Seuth Fourth St.
LOCAL MINING STOCKS
TONOPAlt STOCKS
Jll'l
CaMl Ilnv 1,1
.11m llutler "
.Miii.S'iiinara mi
('rHHCt'Ilt f-
Mlilmiy OS
MUp.ih Hxt 'XI
MflntHnn n't
Nurtti tsi.tr 0.1
Hefl..u Kula til
Tnnep.ih l'xtfnslen IIS
Wen i:n.
eat 'Ien
.11.1
Akril
.03
.ns
.10
..'!
.I'll
.IIS
.rj
.0.1
.lh
.01
1.(11
.1)3
BRAZILIAN GOV'T
FRANC ISSUES
4s of 1911
Ss of 1908-9
STERLING ISSUES
4s, 1889-1900-1910
414s, 1883-1888
5s, 1895-1903-1908-1913
DONALD J. SMITH & CO.
Franklin Trust Bldg.
Spruce 181 1-1810 ltucp 1301
SALESMEN
An investment Itend Heuse,
memhers of the Philadelphia
Stock Exchange and selling
only high grade securities,
have openings for three local
representatives. Experience,
in security selling is net essen
tial, as men selected will be
trained. A clean personal
record nnd proven selling abil
ity are necessary. Give full
particulars and references by
letter, which will be treated
confidentially.
C 135, Ledger Office
DIViDK STOCKS
OfH
Allied niv
Aim niv
neither 01
IMcher i:x 01
HreuKh Hlv e
lllde Ku 1.1
Dlv Om ic
nilldeml IIJ
Kant Dlv "I
lKirmlll 11
Knux lift
Hllter KIiib
Sutherland
Tunup.th Div 72
Ten ll.trhreui li UJ
Victory Dlv Ill
Verde Dlv n'.
'.enu i
(!0.I)l'Ii:L.D stocks
FOREIGN EXCHANGE
New Yerli, May
.10; Polish, .0250; Austrian, .0101 ; j
Brokers Allowed te Reoeen Offir-
I i ItJT w t ... . .. ...-
IS.-With oe or " '":'- vw Vl, fMUtnlu.""'. ,8'.-The Mlchlmn
i in- iui'ihiiiii. .... .mi. ...ni vi.un mi Kranieu (,, i.', Jtedmend
lloeili ....
I'emli Vrkc , .
CrHrkerjnrk .
ninm II II .
Florence
(ieldfleiii Cen
(iiihl DvV .. .
(leldf D.-eri ..
(licit lluid .
Jumh'i lll ..
Kew uiiHK . . . .
I.riiii' Sttir ..
urn
lt-il IIiIIh . .
Sllwr I'Kk ..
biK'arhc.id . . .
.ni
u.1
.i'l'i
.117
.ii'j
.ii-'
.ni
.01
.02
."2
1 JI V I IJH !M U?". U tl.. L J4 Hf H II .1 !.... ..!...
twi) (.jjc.pnens, ,,. iiiuinn. nun' .Montreal ledliy wus liniillllllliy 1 pi Company, broker, of Ilosien unci Dttrnli ,.
on11nlnmeI--,p.l;nb!r Ju'nlV ?' ?i' V' ,1! . I.iiiire.1 fieiu jeMenliiy's flmiN. sl,en.l rent The discount .... ritnu.llan fiindj. f er.lerr, ;d h fu et prec.dln" !
re.'ird May.22; 1, ,,., u y,rn., ..s vlrtiiallv un- " -New erk mis iriluinl te 7s 'i "'lew'n" "l" reepn iti. Uetrelt erf'c inu.
l-HlrtMnliMnr., Compan. n.u,te,. of derllll-.. hteillllS was llltiinilj tin Cuunllii,, dollars weitll I .l;nJ u . mml8atell,c,?r,.'rh0 s,a!"
ISWu'Zt'Wti """"'" I'alteml at I It 13-10. .-einpare. with ,. Tll,HK , . hij-l.,-1 n-..r.l in , lie-'ln? nWe
"fnleu IlL-'anl Vinlr "empany. ,u..,trlv 1.1.'. for eill.li'H. Ji'M.-nlnys tleMllB. ' nl.eut two yrer.s. lnB"i!uiine"CB, JifTi''l'. "T0" Qt ''"
ucioeer term.
N-ntthrn I'lpn l.lnn Cemrans. i.eml.innual ''"''s. . .. , SlvrllnB l'"riiin n I.lre aullderii
nf in p,.iii.i,- Jub 1 lu neck nt 1, co". Areuinl mid -day 1 In nmrket was dull, Demand " )-, J-'.i as an
Jun- ( ,t wj,i, miHitUf slreilRth eentllllllllB 1 Cables 4.4.. U.l.'-a ....3'i 3H.iu
Ht Maurlc Paper Company quarterly !; J" ..'i,,w ..nlMi.rs nnil Swisllsh The 'lODAY'H Ol'HNINO QlTrATIONS
percent p.11 able June 10 lu Heck of leterd " KterllUB, SUIHUTS I I i nwiuiin. 1 111 .. i.-.rnnrM 1 ir ,i,i,i,.
June a , ,. 'ii-st of the liiark.'t. while lliactlv.;. was) sterHnw rancH . ; .lu de,
:t':,,sr;?.,r,pKl'i''''l ,T Tm?nxPJu?,":-:r" " ,,u r,i" "n:8
ferml, both imyablH June an in m.nk f of the lllijll I'l'i dl'il for hti'l'llllli HP- 1
rcrerd June :10 . nmti'il mi imti-werlliy dei'lllie". 'Jue
lui.until .Moter 1 jr tninns.ni nntipi.riu . .... ..:.- ..it.. ...,
t4 per cent en Preferred. payHl.I. June IS ! tatlens WIT" Met llllj, 11 111 t.n. , 1 , , ,K prCM wlf. rm j(
te Kteek "f rrurd May ai I dcnillllil 'l.-ll"i; frilllf cilllli'S !.!-'.. 1 iieume tndny. 't'liree per tenl renlea ,Mlf ni.c
Atnericiiii iKoinein,. 1 empnny quarterly 1 ,..i,a !l. I 1 I . ire en if., .ri.''( if. ' l!xehann en Londen, I8f S.'b Kite per tent
rlifi-kH B.'Jil; maiks .'A. ' l!An-! "c f'5t lhu "e1""' "llH '""""J "l
Tlie (Vntral Kuroiiean pxi'Iiiiiires '
were nominal today, ns follew: Hul-
nnrtnii 711 Itiimri nl.1,1 Til StnrKlqn
1 47- (Vpchn.MliivnUlnn' 1 l)'l, . Iiiirn. PIllfDKM'lIlA Call. B per cent) time
i.i(, LizrinoTiieyaKian, J.i'-yi . .'? k n.. rent: commercial naner. luce te ill
te 5 Pr cent. lloeten
I'i eer cent en Loiiiinen and Is. m r .ent
en preferred, Unh pay,ibla June, 3D le mnclt
of rei'urd June ja,
Went IVnn ItalltvnyH 1'ernpiiny riuarlcrly
tl Per lent en preft'ired, payable. June 15
te record of June 1.
National Iad Company, quarterly of l'i
iwr t'eni en toraraen, puyable Jung 30 te mock
of record June It,
v s
Paris Bourse Firm
MONEY-LENDING RATES
RAILROAD EARNINGS
KANSAS CITY HOUTMI-JltN
i '"v: . IntrMim
Apr crem $l,r.ll,nis 1320,121
Net lifter laxei L'lll.'jiiu lnii.il.-,i
I 4 nienthe grn 0,330,2,11 1.117,30.1
Net iifttr taxes I,t6s,lu eOH.7au
JJecifiue.
Amparn
Ariz United .
Caledonia ....
Candelnil.i ,,
Kdeti .
Kiiima hllver
Kurek.t t'rn, a
llirek.i llellv
llitl.t
r.ueh
Mnlher ',-idn .
.Wv 1IIIN ...
Nev Willi' . . .
Stl. I'ObH . .
Titepa Mln .
Vnlt ipe
Willi.! ClpH . .
Wllbfit
el i,
1H
02
MISCKI.I.ANUOL'H
no
.01
.ii.-,
.01
.)..
Ti"!'
.10
.1:1
.01
.24
.H2
JIM
.4.1
.'7
.02
.01
01
.02
.113
,il
.17
.0.1
Ol
.112
.13
.II.'.
.01
.01
.7H
,ii
,'12
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.12
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.li2
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n:i
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Oft
ll.'l
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.III
.1124
.'.'ll
.0.1
1 nn
f,
.05
.211
.III
.02
2.1
III
6 12
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II
.02
.2S
.0.1
.12
.17
.(III
,01
Before Investing
ecure th ndvlce, of these experienced
In the (election of sound securities.
We offer our aerlcca te Individual! and
Institutions with funds te Invest.
Censcrvafluc morefnol
occemtfj iiivltcii.
McGLINN & CO.
Members New Yerk Stock Exchanne
Widcner Bldg., Philadelphia
Sierra & San Francisce Pr. 2nd
5s, 1949
Georgia Rwy. & Pr. 6s, 1947
Tenn. Power Ss, 1S62
Fabian F. Levy
Drexel Building
Hell lMiene. I.umlmril
Ke.lhlene I'lieiie. .Mitln H.113
BANK CLEARINGS
FhUa...
. .a ,...,. , MB M. . ,1, (A. ... .W 7 ...
... , nn., , , ' ,,.".. I . O Per CCnif IUKUHIHIH. .'..,'M, llll.F iu ' '
pwiBu, u74 urcea, itii , cinmae, month!. n
nank cknr'iigM today compared with cer.
responding day lust two years:
1022 mat ie"
S73.OIIO.O0O 170,270,707 101,201 ni
8IT.0U0.tl0Q 810,4.18.484 77n,fln 440
eT.vOO.OlW 63,f)7,Uil Stt.ialoeV
LIVESTOCK QUOTATIONS
Mil, ami. Mnv 111. . CATTI.i: nim.
10,111111, Murlut nctlie; In of alters, streni; te
Ku liluher. Tep, Stl, bulk, 17 7,1ff8 B,e
I Hlnelt. Hieiniv te virentfi huik rat revtn and
ihilfera, S.I H3B 7.K.1; 1 annera and fitter
larK'ny .i unn i.i. mom ateauy; uemmiaa
ineatly around I4.S.1; early aelea ca cultes
te outsider, steady: packers hlddlnir Inwei ,
l.i.t i'Hlera In Khlppcra and city butchers.
tl0..10flli sleckera, i.carcn, dull.
HOUrl. Ittcclpts. 27,000 head. Market
active, strong te 10c higher than esterdaya
atiratie. medium 10 heavy butchers up most.
Ten. 111; euik, ii,ri.i' 11; jnaa, weak ti
U.ll" lewt'l.
HHBKP Itecclpts. 11,000 head.
alew, blddlnir lower en ylrtlally nil k'nds:
iriY ,! uf lt lltttlTCn 1IUUUI
Waterloo, Cedar Falls & Northern. 5' 1940
American Gat Company 10 Year,,,7'i 1928 1
Newport Newt, Hampton Rjr., Cat. &
Elec 5'. 1944
Terre Haute, Indpli. & Eait. Tract.S't 1945 I
Penn Seaboard Steel Corporation. . .7' 1923
Indianapolis Northern Traction. .. ,5' 1932
Indiana Service Corporation All Inuet
Springfield Water Company 5', 1926
North Springfield Water Company. 5'i 1928
American Piper & Cenit. Secur. Pfd. Stk j
SAMUEL K. PHILLIPS & CO. !
Serteli ffirea. & CC-
ITublir UHllty HVrurtttre
tack Exrhnitec ButllHiin. gelU-
Amer. Pr. & Lt. 6s, 2016
Harrisbyrg Rwy. 5s, 1963
West Penn Pr. 5s, 1946
I'bimrHi l.ueut tSii-S-r;-a-S
Prltete riinnei te New Vel I - Iwi
BANKERS
321 Chc.tnut St., Philadelphia
Established 1837
Memera New Yerk and Philadelphia
y Stock Eacbaagef
Eisenlohr & Bres.
Pfd. Stock
GARRISON & CO.
WIDENER BUILDINO, rilllADElfl"
HIHHU tllirw"
... . n. .l B..t. tt.... .kdiuii Jsmff U
K.- Vaik tlatk Far haft. (VlW i Oil '""'
lUTfl
ISAAC STARR, JR., & CO.
United State. Government
Securitiea bought and seW
at prevailing market pric"'
16th & Sansom Sts., PhiladelpW
te
Mnrket
k'nds:
hulk native' irnrlng . 1 urn he. 113 ''SWu.ae!
wi, laratiy ,oeo,&u, '
AigCewnC.Q
Land Title Bids.
lewbera t'lilU. Htaek Kclmiue
C. S. PATTON & CO.
Sit CIIKSTM'T K1S.
BANKERS
KiltiftHiirs '"..uini
Der nnd nrk heticM '."i.i.
Member viuia n"JiillJi-i;
HS
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4
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