iPWw Ppppwsw VK.a7f sawi .':? ' . I a-'A J ! -i' ... " j , M ji . (. -ti & EVENING PUBLIC LEDGER PHILADELPHIA, MONDAY, JUNE 12,' 1922 : ' v., j" "WW" Utah Light and Traction Company 1st & Ref. 5 Bends due 1944 ,A mortgage obligation of one of the largest hydro electric light and power systems in the United States. Price 91 and interest Yielding ever 5.70 A circular describing the above, together with our June Bend Circular, will be sent upon request for F-ll. Harris, Ferbes & Ce Pine St., Cor. William NEW YORK PHILADELPHIA OFFICE Wldcner Bldg. Telephone Spruce 7040 Reynolds Spring Company Established 1899 Manufacturers of Cushion Springs and Radie Apparatus Common Stock Listed en New Yerk Stock Exchange Circular en request GOODBODY &. CO. Members Artu Yerk Stck Cxchange 115 Broadway New Yerk Spruce 8200 R M') ' I U. Se Treasury W' iip Certificates lif:- secvkitiep nnr.vnTMr.NT COMMERCIAL TRUST COMPANY Member federal Rtaerxe Syitem City Hall Square West gHiMfliHMK-izV;iMMfiElaHlnKVHg Ve own and offer A bend free from the nor mal federal income tax with the Pennsylvania State tax refunded where the net earnings are ever 4's timet interest requirements. Price le yield ever 6.2(K, II F. P. Ristinc & Ce. Mrinlr I'tillndrlnlilit nnit Nrw Verlt Sterk KxchaniM Widcncr Bldj., Philadelphia Nrw Yerk Kllznbfth, N. J. City of Montevideo (Republic of Uruguay) 7 S. F. Geld Bends Dated June 1, 1922 Due June 1, 1952 NON-CALLABLE FOR FIFTEEN YEARS Price 97 and Interest Te Net About 7 Mackie, Creuse Ce. RKAI. ESTATE TKUST ni.nfl. Walnut flJSO K.ice OS78 GL0.A.HUHIN&S0N5 MfintMr of the I'hllndflplili. Nrw Yerk nnd rtilrem Sfni-'c Frhantn ftiiw VtV CeHfin V-rrhnnrr STOCKS & BONDS bought and sold for cash or .carried en conservative margin. . &: BtlUvue Court Hide. M1B Vtaluut SU iv?zitumm l. 1.. ill iiruuinvp7. Real service in real estate rtsfe 'What tr IS Tir' nprUniw tn- rli M it rev te rcul wrvic i Mftiifm ajwiaiuu. t V LC. nr sVftfrlfrftfW. Kzzm SELLING MflVFMFNTII NOT YET C0IV1PLETED Renewal of Pressure en General List Despite Lew Call Meney Rate I .- mrn, jimp ii TIie 2-H peri rent call rntt the lowest touched dure . .Innunr.v. 101S, fulled te check the I irnrtinnitry current In tniljiyV Meck imirhrt. The netiun nf the general llt. ! Ofl the culltrarv. rlrtmirintefi...l I'nrr I cetirluMvely tirhnlcal renilJtiMini'iitH were ittii-utnplctPil nnil the renctlimiirv iimtemeut hml net jet run Its cetirc. The fiillure of tin' (Jcriniin lean ncfte- tintlens in Pnrli was dlfmppelntlne te the biinklns Intcrc-ti. otherwise news ilpveliipments ever the ui-ek-ctul ceulil net be ronnrileil ns ncutclx- bearish or definitely btillMi. I'imtinued liiitlilntidn Mas apaln cvl ilent in (i number of issue, but the i nctlen of the market xuccpsted it was xiifTerins ihletly from technical troubles hi result of the disarrangements 0f i-eme clliiiie nr iienl arreuntx in active i-peciihlhe .specmltliw ilnP cMellv te the rt-lilfdru: of rc-penMbillty. This unt unt tirellj p. te further oiitclrie liquidation mhI iiilte a geed deal of short selling. I In; failuie of the low call lean rate Ji heNter up the list a disappoint line te a preat many and had an uiide . tilahle chillliic Inlluence en bullish mi'H liment. Atmtlnr dlsitiietliiB feature was the fact that actiilty develeped en the divllnes while nn the n'lier hand the list became lint and colorless en the rallies. This seemingly mis fi'Mcd automatic liquiiliitlnii en the part of the recent active speculative peels and poorer responses te mnrt-'liial mlK Intimations that further liotiseeleiinliiK was te he enforced b the Stock l'.x ihniiire authorities diil net help the cause of the market, but ratiier pave m icactlenary party the whip hand.1 As a matter of fact, the shorts were! in complete control of the mnrket I throughout the morning Dealings be- I i-iime mere active as prices continued i tn decline. Lesses of 1 te .". points I accompanied the selling of miner oils. I meters. Independent steels, coppers. shippings and rails. Heaviest features ! comprised Harnsdall A and IS shares, Philips Petroleum, Chandler. Willys Overland preferred. Crucible and hack- ! awanna Steels, Mctcuuttle Marine pre- I ferred. Pullman. Consolidated (ias. People's Cms. Pacific Telephone. Mar ker Street Hallway prier preferred and Tex-n- and Pacific. Strength was con- ' lined tn a few Issues, such as Lake i I hie and Western common and pre- j ferred. Virginia-Carolina Chemical and l'e-tnm Cereal preferred. j I Commodity Markets GRAIN MARKET Clilraee. .lune PJ. The wheat market 'opened 1-c te J,c lower than Sntur- ilay s close ami early in the day ruled weak under active selling. The Liver peel market was isi te 6sc lower and sentiment was bearish en the theory that a mere nctlve outside demand is necessary V take care of tbe increased hedging asainst the new crop us har vesting operations progress. The corn market started Js te r,sC higher en further liuyin" by commission hruses en the belief that prices are tee, low, but lenjs sold en ihe action of v beat and ulues toen lest the g.itns. iiats opened steady nt sc advance' and reiictel with the ether m.irkets. ! Previsions were dull and easier with ' hogs, which were lite te 1.1c lower. iipnlne I' JI l 114 H CIS 1 11 1 11S l.ll'i 3d I0S m Jt.1 ."-eptember . Der 'inber . XVheat luly -fpT.mb-'r . I) -rp.br . Oats Tuly . . . SVptmbr I'e mbr . R51 July Sep"Mnne-' r.nrl n-.e, :.' 1 14 1.14N 1 IT' A21. it nr.', & in n: 1 im fr ii'i 1 i3',.i.n, 1 te ssjj 40 nf.N tt 4D' tn S7 3C4 11 SO U le COTTON MARKET New erli. .lune P' A geed deal nt -ellllli; die'npei ill the ClittOll llllir- I ket this morning 011 peer cnhles and. improved weather in the belt. As a 1 result, tir-t prices ureppcu "" m points under Saturday's clie. The Seuth and local traders were geed sellers, and New Orb ans nud tbe trade did most of tlie bilng. Heperts indi cated that little rain fell In the belt eer Sunday and temperatures were higher. After 'the start, the list held steady at .iSUtlj aiieve initial icvcu. 0 I'r.v 1 ne r..iH Opin r. M j C 'I-' 31 L'J IT. LM si" M.l.T . . . I!'-' "J -1 II" -"' 1 Iiepmli-r -"-' "t -1 ,ls -' ,,J ,:.r h . -1 73 i'1 40 -.1 U Md) , -1 -" NEW YORK COFFEE MARKET New Yerk. June 111. The local -of-fit market hud nn Inegnlar opening tnila, prii i s mi the call showing a dc i me nr I points te an aiU.uee of i; points. Weather oenditlioi- in San Paule were net favorable, but the drop in temperatures was net sulln ient te i xert anv market Influence. The m.irket during the Lite forrimen whs un uninteresting affair, trailing ipiier, little demand in cwdenie. and sent tired 'iqiiidntien sending prices down !! te -1 points from Initial tiguie freiln Prnlnin i , up .IUH S'pti'mbi' I" t.1 1 47 1 'I I 7 It 1 s 4 J 'H it,. III lfll.'ll I i m 'i(m I li 7.TJ71 ; !i.",'.i'i 1,'J ' t" . n,ter M.ir. h 1I..J FOREIGN EXCHANGE I Npw Verh. .lune l'J. The market 1 for feieign i xchangp opened weak. Ster , ing was down ili , friiins down 10, lid- glans down ti'j, lire down 7ai : Swiss , ilnwn IS. pesetas down 1. Danish down .I. Norwegian down 8, Dutch down 1, iiind marks down 2"is. Swedish was , mi exception, showing a gain of I! points. 1 Toward the end of the first hour Heiling steadied. reiecrlng '.(, while I fruncs shndcil u further ' point, liie '( j laud marks ',. i.itiotatlens : Sterling, cables -I I'.l'i. ileniand -I. l!)'i ; train- ' cab Os S'.Ci.. cliccUs N.'.JI .. ; Hie in- liiCs .".117, dinks .".(Mi1;.; mill Its ,!tl. At the last mentioned price m.irks art less than - points ahee the extteme low record of the jcar. The pieiniilin en New Yerk funds In Montreal ti day was unchanged at Ull-.'Si! per cent, Tlie discount en Canadian funds In New Yerk was unchanged nt 20-U2 per cent The Central European exchanges today were nemlnnl, Austria receding te a new low record, .0000. Other quotations were: liiilgnrian, .70: Itu manlan, ,(!S ; Serbian, 1.14; Checho Cheche Checho seovakian, l.fKS'A; .Tuge-Hlavinn, .Hfl; Oreek. -1.18; Polish. .(''.")(l; KlnriMi. J.M.": lluiignrlnn. .11 'i. SATL'KU.VVH rt.OSINO QL'OTATIONS Kt'illnc Krancs I.lrr llulLIrrn DfinanJ .. 4 4ft; .enV n.itVj 'i en Cabli-a .. I. fill II Oil 5.1 3 311 113 TOrJAVS OI'KNINO QUOTATIONS Rlerllnc Kr.inea Lire Oullil'M Demand ... 4,Ht s.irj r..fi(i 3ii.ni Cablea . .Wf 8.03 B,07' 3U.0H e BANK CLEARINGS BtnK cUarlna today compared with cer- nuifw.aar w,w;.JT"i 192P 70f70O.S83.2aK 30 02.SA3 uat l B3,0t,SSO '4. raatx. f-i b IMP 'IM ttsiifil'.BS.SBaf.lft! -ItSQtl. irAai.M.MO ei.am. ?TISlLLji yiix juXZH NEW YORK stock exchange transactions Dlv In f STOCK ttlRli . Adamt Mxprcs . . i 63 .. Advance rtumely. . . 18 4 Air Reduction 5314 .. AJnx Itubbcr 16J4 4 Allied Chem A Dye 69 4 Alllfl-Cmiliners .... 49 ., Amalgamnted Sugar 39 li . . Am Beet Sugar.... 47H . . Am Besch Magneto 44 4 Am B Shoe Kdy new 60 Am Can 47 Ji 12 Am Car & IMy 165 'a .. Am riilcle 1014 .. Am Cotten Oil 2714 . Am Drug S'yn 5 H 5 Am Kxpress 1 34 . Am Hide & Leather 1415 .. Am Hide & Lcath pf 68 'j 7 Am Ice 105 '4 .. Am Internat Cerp.. 46 'j 1 Am La Kr.vnce Lug 13 Am Linseed 35 8 Am Ieometle. ..11114 7 Am locomotive, pf 1151 4 Am Radiator. . 98 .. Am Safety Razor.. 7 .. Am Ship d Cem .. 21 . . Am Smelt 61 K 7 Am Smelt pf . . . . 97 3 Am Steel Foundries 37'i .. Am Sugar Ref 78 U 7 Am Sugnr Ref pf. . 106 .. Am Sumatra 40 Ji Am Sumatra Teb pf 65 1 Am Tel & Tel 123'i 12 Am Tobacco . ... 140!s 1 2 Am Tobacco B ... 1 38 7 Am Woolen 92 H . . Am "Writ Paper nf 32 . . Am 55lnc Ld & Smeit 18 'i .. Anaconda Copper . 52 3 I Asse Pry Goods . . 54 'j ti As.se oil 116 t A ten Tep & San Ke. 93' 2 " Atch Tep & S K pf 91 ' . Atlnn Illr & AtMnlu 4(4 7 Atlantic Coast Lln103U .. Atlantic Fruit 3 "a . Atl Gulf & W I S S 40'i 7 Atlantic Refining pf. 116 .. Austin Nichols 30 '4 7 Baldwin Locomotive 1 13 7 Baldwin Loce tif . . 1 1 1 'i 1:30 p. jr. Snlra 10U . 300 100 2400 2700 1200 300 100 100 200 3800 100 200 300 100 100 200 200 200 2500 200 800 100 200 100 200 5500 2300 300 1200 1800 100 1500 100 300 1000 203 4100 100 1100 3900 " 1000 100 1000 100 800 100 400 4300 100 4500 6600 100 6000 100 100 5400 2200 100 3500 100 2500 200 500 200 300 1600 900 1300 100 1000 103 6200 100 200 200 100 500 100 10D 300 100 100 200 400 300 1000 300 400 700 100 7100 500 100 6600 300 7200 100 200 100 100 100 400 200 203 200 1300 400 200 200 13700 7200 2100 1200 700 5400 300 100 100 200 100 100 GOO 300 200 100 700 7900 400 200 100 4400 100 100 100 900 13000 200 6400 300 I 100 400 16800 100 100 400 500 100 600 1000 100 100 100 300 3300 100 100 1000 2000 100 1303 r.ev 63 111 53'i 16 68 48 39! J 47 H 44 60 46Ji 16514 10 4 27'4 5 134H 14 W 68J4 1054 44 13 3414 II Hi 115 98 7 1914 59 97 36 7714 106 38 Vt 65 122T4 13914 138 91 32 16H 52 53 116 98 Vt 91 U 4H 103 U 3 38 116 27 I I I V 1 1 1 14 46 60 J4 1 36 29 !4 74'i 7614 106 23 'i 21 41 98 s 134 43 '4 7'i 27 25's 13 76 60 96 8 136a 7 38 (, 7214 36 74 fj 65 10 37'i 52 Vz 9 21 'i 2514 4014 74 67 V 39 78 94 20 's 30'n 62 V, 3214 46 86 1 a 4 'a Chire. 63 -r 18 -53tf -16 -61 - 48 -39 14 - (60 46U- 165!- 10J4- 2714 - 5 134-4Vt-68J-4- 105J4 44 -13 f-34!4- 1 1 1 J-i - 115 19!4-59- 97 -36-7B54 - 106 123 V 13914- 138 -91 -32 - 16H- 52 - 53 -116 - 98 !4 -9114 4H - 38 -116 27 1 1 1 Vi -1 1 1 !i - 46 - 60J4 -1 - 37 - 29!-4- 74 !4 76 'a -106 - 23J4- 21 V - 49 -98!i-r 134 -431-4- 7H 27 -25)4-13 -f -96 - 8 136!s - 7 -38 "a -7214-36-74 65 -f -r 5214- 9 -2 Hi -6714-39-78 -94 -204 -3014 63 !4 -32!4-46 -86t, 4?a 17 :- .. Baltimore & Ohie. 4 Haiti & Ohie pf .. . . Batepllas Mining. . . . Ba'rnsdnll Class A . . Barnsdall rla?n B fi Bethlehem Steel... 5 Beth Steel B S Brooklyn Kdlsen. . , a 'j , 60'- , I . 41 34 . 32 . 74 ij . 76 r .106 .. BKlyn Rapid Transit 25 H . Bkljn HT ctfsef db 21 Is Brown Shoe 50 'a 7 Burns Bres pf 98U S Burns Bres A.. ..134 2 Bums Bres B.... . Butte Cep & Zinc. . . Butte & Sup Cep. .. Butteriek Ce .. Cadde Cen O & It (! California Packing . . California Petrel. . 7 California I'ct pf. . Oil Zinc & Lead. . . 10 Canadian Pacific. . .. 1 ase J I Plew .. 1" entr.il Leather... 45 7'S 28 25's 13 76 4 64 U 96H3 84 136'e 7 38's .. Central Leather pf. 72t Cerro-de-P.isce .... 36 ' ti I'liamllir Moter.s... 743 I I'hesipcake & Ohie. 65 .. Chicago & Alten. .. . 10?4 .. Chi & K III (new) . 37 U .. Chi & K III (new) pr 52'4 . . Chicago & (ir West 9 .. Chi & Or Weat pf 21 li .. fill Jill & St P 25 Is .. Chi Mil & St P pf.. 40 ?i 5 f'hl & Northwestern 751a 4 Chicago Pneu Teel. 67 V .. Chi R I & Pac 40 6 Chi R I & Pac 6 Pt 79 7 Chi R I & Pac 7" pf 94 .. rbile Copper 21 .. Chlne copper 30Vs 4 Ceca Cel.i 66 li . I'ole Fuel & Iren.,. 32 li .". Cel & southern.... 46 li I'eluin Una & Klec.. 86 .. Celum liranhonheno 4Ji 1 el lirnphephunc pf 17H 17fs (i Cemput Tab P.ec... 66 'i Censul ClK.-ir 31 Ji 66 31 .E66!i- 31 -71 -i- n ? 118 -1 Hi -6414- 102-47-70 VS - 1 'onsel Clg.ir pf . ... 71 70'i .Ti 117H 11 li 6414 102H 47 'a 70 li 24 17 36 5214 22U 121 122'i 1 08 1 .1 27 Ji 129 60 43 "4 10 22 81 14S 22 H 1 6 U 19Ta 82 14 94 !4 50 10? 16'i 22 60 60 95 li 74 163 13 82 82 40 29 1714 77 39 'a 32 12!.; 17! 37 ITfi ? 7. 86 24 77'i 19li 1 1 !'a ?8 107 40 1'4 3H 29 VS 40 34 22 102, 21 79Kj 16 55 48!a 69 60 16 12 30 Ji 1 He 19 71 44 24 57 !i 414 41 105 Consel 1Mb Ins. . . . 7 Consolidated (ias. . Consel Textiles. . . . . Continental Can. .. r; IIBfs . 11 . 65 4 Cern PieduetH Ref. 103 2 Cosden & Ce 49 Y2 . Crucible Steel 73 i . Cuban. Am Sugar.. 2514 . Cuba Cane Sugar.. 17H . Cuha Cane Sugar pf 36 'a . Iulsen chemical.. 55 'i . Pebeers C Mill Ltd 2214 ? PeU-.varc & HudB0n121 li P. I Lack & West..122'i 5 Detroit IMiuen 108U 24 - 17 - 36 - 52 !4 - 22 li - 121 - 122!i - 108U - 27 Jar 129 -80 -43 !i . 10 -22 81 '4 -14 -22 . . 82 Vi -94 !4 50 -i- 102 -f 17 -i-22-60 60 Vi -96 !4 -74 - 163 13M -82 -8- 4014 29 -1714-i 77 3914 -32 ?i - 1214 -W!i-37 - 78 -2 -i 86 - 24 - 77 14 - 1 9 14 - 11-t H 107 - 40 - 1 V4 - 3- 29 Vi r 40 1 34 -22 -r 10214 21 -79V4-1 6 Vi -48 14 -69 -60 16!0 -12 - 30 Ji -1 Vt I Ha 1 9 -71 44 -24 -5714 i 4 4 41 -105 - 1 s Ij Iiruiie Mines 27 fii D'l Pent H I) Ce. .129 I hi 1'ent Cr, deb pf 82 ' 3 Illec Storage Bat... 43'j Lmersen-Brantlng . 10 Klk Hern Ceal 22 5 Kndlcott-Jehnson . . 81 M . Lrla 15'4 . Lrle 1st pf 22 i . Krlu 2d pf I6I4 . Fairbanks 1 9 Ta S Famous Players L. 8315 8 Fnmeus Players pf 94 !4 r, Fed Mln & Smelt pt 50 S Fisher Bedy of O pt!02 . Flak Rubber 17 . Frecpert Texas. .. 24 ' 4 3 (Jen Am Tank Car. 60 . General Aipbalt. . . 62V4 fl (ieneaal Asphalt pf 96 U G General Cigar . 74 8 General Klectrlc. . . . 163' General Moteis ... 14!a fi Gen Meters pf . 82 fi Gen Met deb C 82 . Goedrich R V 40 'i . Cranny Mining 29 U Gray & Lux Is . 1714 7 Great Northern j.f 77 li t Great North ere bull 39Ta Gretne Can Cnpp r. 32 ?4 . Guaiitananu) Sugar. 12'4 . . Gulf Mobile & North 17U , . Gulf Mobile & N if 37'i , . Gulf StiltfS Me. I 79?4 . Hiibsrshnur Ccitiic 2 7 llartmrtii 1 nrp . . B6 r. , . Hendee Mftf . . 24 . . Housten ml ... 79 1 Hupp Moteic.ir. . . 19'i H.Mlraulic Slu.l . 11 Ij . . Illinois its . . . H . . Illinois lif wi . . 107 , . Inspiration Cen 1 op. 41 '4 , . Inter Cen Curp . . Hi . . Inter Cen Copper pf 3 .. lnterbore Rapid wl. 29 14 . . Inter Agriciil pf .. 40 H 1200 . 300 4000 . 600 . 400 . 100 . 100 . 700 2i 100 . 200 900 . 2200 I 1200 . 14 0 . 100 100 3000 . 100 . 500 1100 100 . 100 . 100 . 300 . 3000 100 1800 . 1800 . 100 . Internat foment .. Je 'a " Int Great North wl 22 S Int Harvester new. 10214 Int Mcr Marine.. . 21 ; Int Mer .Marine pf . 81 V . Jntcrnatl011.il Nickel 16Ji International lipr-r 498 li Inter Paper nf stpd 69 ij Internatieri.il Suit . 60 . linlncible (Ml Cerp 17 . Iowa i entral. . 12 lien I'reilui ts ... 32 . Island ll ' J . de Cash I '' . Jew el Tea 1 9 V . Jewel Tea pf 71 . Jenes Bres Tea.... 4414 . Kan city Southern. 2614 4 Kan Cltv Se pf.... 5714 . Kansas & Gulf 4 . Kayser Ce new 42 8 Kayser Ce 111. w pt.105 Ft.ady and lower. sprlnB lamha, .,. !Ji c lew.r tup minima. l4.2n , r;irl rtMlrn 1 lilll-ra meatly 114 wllh culls i lart-ely 17 ..1 l s mc'.U ewea iuilv with selum najl" uiwanl Crnm 7.MI, earl'nil ewes 1. '': .. Il.st HiJfl-.Ue. N. V., June 12. ( A1 Tl.l, It'eelula. 30(10 head. Ilai.v shady low; r Lulls 2ui, lower, shlpplnit l"-'';i,.'?uJ';r liJ.X n tew Itt.nO. Luli'hcra. 17 7..5J S.7.. LIVESTOCK QUOTATIONS ChleiiKe. June 12. - I'ATTI-K Reeelpta. I. nun htail. tsl' . t'tif meers, uiwen. mol weak nt ISe Jener. few utrlitly rhiil- kmil 11 Leut eiiail . Tep. !i ..n. xveliiht 1 Mil iHiunda, Lulk Uef eltern s.-J.,4ili. she m, k Hk te -'.".i. le-vtr 111 lteen urieli'H .iff mol. Lulls ami mui'kerpi meauy ie w.iik i.n.1 fale. 'J.-iQAOc lower quality lennlilere'i, 1 t..trlinui. n,70U.ii i.uik l.uich. r eewa and In fera .. MV1 a.. ,s.',7..'eS .n t.ulk LoleKiia L'llla. J4 4IIW4IHI, Lull; xeai , rM ear In packer llieif III .ill IH;(J,s Kvcelnts. fiil.iiue hed. Acllxa, lluht und Iticlit Lutchcra. 10W1,je lower, ethers. InW'.'iic lower. Tep. 110.70. Lulk, llll 1II1U.IIA. Pls steady, inestly I0.7.XJ 10.511. heavy weUht. 110 80WIO.KU: medium S10.43O10.ilS: mint, tl0.B0OlO.7li. Ilvht r.u. utii .i.ra fieuli i-ewa ami r.ceintH. jlnii) r. 1 . .n ..aV.. .... ..,. lllAi.1 -- iieguu'.p, cnta lower, snrkera ana pma, Riniii r.n i?1,.i.-.f.,n iun llahta. 11(1.40 10.70 packing aewa, smooth. anbfi ij f(.15sj0.e! imcUw wwa reuh, 18.7 0.7K: kllllna p'. i0.50O1O.00,i BftBKr-iRicalptJ. 10,000 htuil. D KI A.tt lamhlt 'aataUaUiy. I sTetl. tV head. Yaarllnaa. V.laVU.DO. pucmiia -f"f J.?u" fw.i. ;,WU?4, eU iWlln.?laMfS? Ib 4 H I -nM4ra( lV';tVu-.Wlr,Bsr2u'l!,?.',J'' wiSjtrfii'&&''Msmrmmii Net Dlv. In I STOCK Hlh .. Kelly-Srfg Tire 48 U .. Kennecett Copper.. 35 .. Keystone T Sc II.... I9V4 C Kresge S S 137 54 .. Lackawanna Steel. . 73 V4 .. Lake Erie & West. 37 . . Lake Erle & West pf 56 2 Ten rttihtter 3314 Sales 3203 3500 3500 600 BOO 1100 E 1200 I.e vr 47 34 17 136 Vi 72 35 54 55 54 33 Vi 63 13 14J4 45 154 54 118J4 17 51 87 22 54 48 38 Ji 61 -32 54 32 67 22 115 135 90 29 i 14 35 1154 1714 37 2654 22 54 54 70 21 2 49 93 54 5 1754 64 Vi 75 89 42 54 27 54 2654 20 105 54 60 54 854 74 10 32 V4 3 54 19V4 134 13 61 35 9 70 V4 O 60 68 6214 954 14V4 41 10 54 82 19 31 66J4 77 54 38 85 52 !i 20 38 eji 50 43 65 37 21 79 54 107 78 54 41 14 85 119 54 49 31 54 25 102 17 72 5114 33 70 54 92 11 4 48 tt 45 60 42 42 Vi 15 27 47 Vi 2714 46 4 3 10 7514 13 1054 42 54 3414 43 .a 52 87 23 54 53 H 20 54 107 185 54 115 54 50 49 118 6 54 7 34 11 46 45 27 27J4 22 77 V4 51 Vi 49 40 Vi 13 IS 21 V2 136 7514 37 VS 1 37 !4 14 5S 30 62 32 VS 754 23 Vi 51 67 VS 60 Vi 40 99 Ja 1 1 9 14 64 54 16 45 32 54 12 54 12 30 54 1154 2014 6114 97 Ji 93 59 Vi 13 li 25 Vz 26 54 48 !i 10 16 U 8V4 44 54 43 51 Vi 1V4 V4 1 Ji !i V4 i',4 54 300 2222 3 Lehigh Valley 64 Vi uu 7 Lmi lunmetva.. 3 2100 .. Iecw's Inc 15 .. Ixose Wiles 45 12 Lerlllard Pierre 155 7 Louisville & Nash.. 1 18 J4 .76 Mclntyre new 17 .. Mnck Truck 53 7 Mnck Truck 1st pf 87 .. Malllnsen Ce 22 Vi 7 Manba t Kiev Guar. 49 2 Mnnhat Shirt 38 J-i 6 Mar St Rv pr pf . . 61 .. Mnrlnnd Oil 33 Ji 2 Martin Parry 32 . . Max Moter Class A 71 . . Max Moter Class B 24 8 May Dept Stores. .. 115 J4 12 Mexican Petroleum 138 7 Mex Petroleum pf.. 90 200 200 100 100 3000 100 100 600 100 100 10000 500 1200 11100 100 13200 '4 I V4 1 H4 I 2 'i 1 i i 1 Ji Ha its 4 i Js 1V4 1 1 1 Hi 3 H 100 100 -' Miami Copper 2954 85001.20 VMriln Ul.l.. fnrn Mii 5400 .. Mldvale Steel 36 54 200 .. M & st Leuis.... 11 300 .. Me Knn & Tex (wl) 17 54 100 . . Me Knn & T (wl) pf 37 '00 . Me Kan & T 2d aw 26 14 100 .. Missouri Pacific.... 2214 100 .. Me Pnclde pf 54 200 3 Mentana Power.... 70 100 .. Montgomery Ward. 21 e?22 Xnt tTeti & Cable.. 3 2100 .. Xat k & stamp... 51 200 6 Natlennl Lead 93 54 100 .. xnt n of M 2d pf 5Ji 400 .. Nev Cen Copper. .. . 17 54 200 6 N O Tex & Mex.... 64 Ji 200 .. jj y Ar Drake.... 75 ? 00 6 N Y Central 90 Vi 1100 2tj New Yerk Deck.... 43 10300 .. New Yerk N H & 11 29 200 2 New Yerk Ont & W 26 5i 200 .. Norfolk & Southern. 20 300 7 Norfolk & Western. 105V4 1700 6 North American... 6214 1000 .. North American rts 8Vi J00 6 Northern Pacific 74 '00 l Nunally Ce 10 100 .. Neva Scotia S C 32 V4 1500 .. ekla Pred & Ref... 3V4 200 .. Orpheum Circuit... 20 100 8 Otis Elevator 135 800 .. Otis Steel 1354 100 .. Otis Steel of 61 1000 2 Owens Bet Mach.. 36 100 .. Pacific Devel Cerp. 9 100 C Pae Gas & Elec 70(4 100 .. Pacific Mall 15300 3 Pacific Oil 6214 4200 6 Pan Amer Petrel.. 70 1100 6 Pan Amer B 63 1600 .. Panhandle 9 100 .. Pnrlsh & Bingham.. 14V4 1600 2 Pennsylvania R It. 42 1500 .. Pcnn Seaboard Steel 10Je 200 B Peeples Gas Chicago 82 100 .. Peoria & Eastern. .. 19 800 .. Pcre Marquctte.... 31 200 0 Pere Marquette pf.. 67 100 6 Pere Marq pr pf... 7714 1100 3 Philadelphia Ce 38(4 100 .. Phllllps-Jencs 85 5400 2 Phillips Pet 545i 1700 .. Plerce-Arrew Moter 20 400 .. Plerce-Arrew Met pf 3954 5200 .. Pierce Oil 954 100 8 Pierce Oil pf 50 103 . . Plggly Wlggly Ster 43 200 5 Pitts Ceal 65 1 600 . . Pitts & W Va 38 200 li, Pend Creek Ceal... 21 400 5 Pestum Cereal 8014 600 8 Pestum Cereal pf..108V4 200 .. Pressed Steel Car.. 78 V4 7100 .. Producers & Ref... 43 100 C Pub Ser Cor of N J 85 200 8 Pullman Ce 11954 2800 .. Punta Alegre Sugar 51 V4 5200 2 Pure Oil 32 Hi 14 2 3 in 2 54 54 Js 1 1 Vi 2 3 2 14 2 li !i 3,i 3Ja I Hi I Vi Vi ' Hi 1 2 54 li Vi 1003.41 Rand Mines. 25 100 8 Railway Steel Spg.102 200 .. Ray Cen Copper... 17 5100 4 Reading 74 200 2 Reading 2d pf 51 3000 . Replogle Steel 34 6200 .. Itepub Iren & Steel. 72 100 .. Rep Iren & Steel pf 92 800 .. Republic Meters. .. . 12 100 .. Reynolds Springs... 4854 400 3 Reynolds Teb B.... 45 73005.20 Royal Dutch N Y.. 62 100 .. Rutland pf 42 50 De Odd Lets 42 54 100 1 St Jeseph Lead 15 2100 .. St. LeulB San Fran. 27 100 ..St Leuis S Fran pt 47 5i 200 .. St Leuis Southwest 27 54 100 .. St L Southwest pf. 46 200 .. San Cec Sugar 4 200 .. Saxen Moter 3 100 .. Scab Air Line pf. .. 10 1300 .. Sears-Roebuck 75 100 .. Seiitin Copper 13 100 .. Shalt uek Allz Cerp 10J4 600S31-J Shell Transport 43 li 450000 .. Sinclair Oonsel ... 36 400 . . Sless-Sheflleld 44 100 ..Se Perte Rica Sugar 52 3120 6 Southern Pacific... 87J4 800 .. Southern Rail 23 54 100 .. Southern Rail pf.. 53 Vi 1300 8 Splcer Mfg Ce pf . . . 21 V4 3500 4 Standard Oil of Cal110V4 2600 R Standard Oil of N J188V4 300 7 Stand Oil of N J t)f115V4 is 1 'A , 4V4 1H 3 54 li ' 2J4 I !' 1 ; 1V4 i 's 1 1 I 'li! 1 Vi 1 54 900 si, Stirling Products., 51 1200 Stiemberg Carb. . . 50 Vi 120V4 6 BJi 34 V4 11 29500 500 3100 200 900 18300 2600 4500 C400 203 5500 100 300 100 21900 8200 700 100 100 200 100 200 9900 400 1300 100 4500 200 5300 103 280000 500 4500 100 3700 500 200 1700 1800 300 200 100 300 100 1600 40'J 200 500 900 400 800 3500 400 700 200 7 Studebaker . . Sub Beat Cerp. . . . . . Superior Oil Cerp. . . . Superior Steel . . Teiiu Cep & chem. 3 Texas Ce 1 , in! 7Vi I ' 4714 4 T.as Gulf & Sulpll 46 54 . . Texas &. Pacific 30 Vi 1 Texas S: Pac C & O 2914 . . bird Axe 22 ti Tobacco Products. . 80 . Tel Si L A: W ctfs B 51 54 TSt L A; Wpf cts B. 49 V4 2 Trunsue Wins Steel 40 54 . Transcontinental Oil 16Vi . I nlen Oil 23 in Piiien Pucllle 136 t Cnlen Pacific pf. .. 7514 . Vnlted AI!e Steel. . 3754 8 fnlted Fruit .. ..137 54 .. Pulled Rwy Inxest 1454 . . 1'nlt Rwy Invest pf 30 Pnited Retail Stores 63 J4 . I' S c I P & Fdy . 33 ..IS Feed Products. 7 ..PS llelfman Mach 23 'A . V S lnd Alcohol.. 54 Vi P S Realty & Imp. 68 8 P S Rubber 1st pf. 62 . C S Smelt & Ref.. 40 r. U S Steel 107 Js 7 P S Steel pf 11954 2 Ptah Copper 65 .. Utah See 16 .. anadlum Cerp . . . . 48 54 .. Ya-Car Chemical... 32 54 1 I Vi I Vi I ' Vi , '4 ! 1 1 1 'a , ' 1 ' ' , I'll 1 Vi 1 3V'a . . x Iwiudeu Inc . . Wabash . Wabash pf A . Western Marjland . Western Pacific... 1254 12 30 11 J4 ' 'li' Vi Vt 2-a Vi 20S3 i! Wist, in Pacllllc pf 61 Vi 7 Western Pnlen Tel 98 4. West ngheu'e A Br 93 1 Westing 15 & .M.. . 60 54 Whu Hug & I. I-:.... M . Whet ling A: L K pf 25 Vi 2 White Lagle OIL... 27 4 White Moter 49 .. White oil Cerp ... 10 ,. Wick Spenc St Cerp 17 .. Willi h Overland... 8 .. Willys Oxerliuid pf. 44 54 . . Wilsen & Ce 44 4 Werth Pump &. M.. 51 54 i it 2 1V4 i:x.cllvldnl t Kx-rliihts. 1 1000 head. Illther. Hteera. Jl).100.:.0. Iielfer.l, SWS.4nj lOllI, IS ?fiA no. CaUca reielpla, 2200 head, txiwir Teil. 111. HUiiM itcieKla, (10(10 Heaxlcy. Ill hjavv J.11 kers ami light Jerlil r. Ill.'-'SUU.iia: plua. Illilll. D , MillKP A.s-O 1.AMH.S Jtecelpu. .I.'.OO llCMiJ l.oner Toe thei-p, 7, H.a I iu. i.,,,; ,,-,,-.". -.n at 11 ..-.n. L"IIk. sa 7.xfr Prices Heavy en Paris anil leein'i ,. ini m, . i-rm. uunn ij.-rru sprlnuern, I4r.130 Lanes, me. leurs today. Three ,(T head fifty cents lower, tu , franca 0 centimes; xihaiiB franca 30 icnllmea. ."1 .,- .. nn 1-nil Ttt.nlu . franra 40 rnntlin.a TI... .,..,,......"'. I ..,,." .'..''l, ,ii.. . VT ---.,.. ' ". 'nniar llaavy. rn-xmi. yerajra, nam n tiu.tv 7t ivmiinea. tii.iu; enum, -. .". T.ALIllM - neeleta. 2000 'BAP 8ILVER m- .---. -'. a.. 60e lpwr i,2S,".n'.,,'w,0 Wvii?X'.;?i'. U4(' f Jmw it.TTl&ftmiml TRADING QUIET IN .t:S0 r. r. 47- Net Chse. THE LOCAL 1 1 1 1 1 1 1 ' V4 34-17-136V4-72Vi-37 56 54 3354 63J4- 13 - 154 V4 IIBJi- 17 51 - 87- 22 Vi 48 -38 -1-61 -32-32-67- 23 -11ST4 136 - 90 -29V4- 14 -35 54-1H4-1754-37-2654-22 54 2I- 2-49-1354- 5 54 75 89 54 V4 26V4 20 -10554 60 54- 8Vi 32Vi- 3 54- Price Changes Were Narrow in Mere Active Stocks Cramp Notes Called About the only noticeable etTec of the unsettled condition of the Xew Yerk mnrket lecnlwlsc xvns the mnrket con traction In the xolutne of business. While the trading wns quiet the tone of the Bcnernl list remained strong, showing the nbseticp of selling pressure. Price vnrlntlens xvere narrow except In n few obscure Issues nnd tic, change In n number of these stocks merely rep resented n rlespr alignment ;u the quotation te that existing en the bbs benrd. , , , ... The utility group held up well in fnce of the substuntlnl ndvnnces scored bv these shnres, but no effort xvns ap parently mndp te resume the forward movement xvhlch sturted In this qunrter Inst xveck. American ltallwnys common xvns xvell sustained nt 111 1-4 te 13. Sllgght shading occurred In the Phila delphia Electric Issues and 1 It. T. Yerk ltnllxvnjH improved ', nt 28V6. American Stores ran off point -te 12.1V. t the outset, but mnde n qulek rnlly'te l-'l'i. Pennsylvania ltnllrend met some selllns nnd dipped under 42. Lake Superior xvns under moderate pressure, but did net get below last week's low mark of 10V&. Lehigh Vol Vel ley dropped back ex-cr n point, xvhllc Oenernl Asphalt xvns off 0 points from the previous sale en the lecnl exchange. Buffalo nnd Susquchnnna preferred xvns up n point nt 5(3. Huntington nnd Hrend Tep preferred lest i en odd-let fnles. ns did Philadelphia Company cu mulative preferred. Calling "f the Crnmps G per cent scrlnl notes ahead of maturity nttrncted considerable attention in lecnl bnnking circles. It wns net only ncceptcd ns further proof of growing imprex-cment in the Industrial situation, but nlse ns tsrlklng testimony of strength of the company's position. 54 1 n " 54 3(4 2 54 2 1 Vi 1 54 54 Ji 1 14 54 54 Ha 1 14 54 54 1 54 2 '54 i 14 14 1954 134 -H1V4 13 - 54 61 - V4 35 - 54 9 70 54 O 60 -68 -62 54- 954 . 1454 42 10VS 82 i- 19 -31 6654 77 54 38 -85 52JS- 20 -38- 8J4-50-1 43 65 . 78 54- 41 5i -85 11954- 50 -31 14 25 .102 -17 -72-51 -33 -70 54 -92 1 154 - 48 54 42 -42 54 15 f 27 -47 54-271S-46 4 - 3- 10 . 75 5j- 13-! 10 54 -42JS -36-43- 52 -87 Vz 23 5i . 53 54-2014-i- 107 1 85 !i -1 1 5 54 . 51 - 49 -119 6 54 -:- 7 34 11 -46 - 45 -27-27VS- 22 -77Vi-5H2-49 4014 14 -2l!i- 1 36 V4 -75 54 37 !-j - 137Vi 1 4 VS -30-6 J 14 -32 VS 7 23 54--52-68 1 61 - 40 -100 -I 11954 r- 64J4- 16 46 -32 54 12 !e 5'a -1114-20 54 d 61 54 gs - 60 14 - 25 54 I- 26 VS 48 54-10(-16Vi- 8V4 - 1 2 54 154 1 Philadelphia Stocks 1:15 Net Hlsh Iiw V. M. chse 200 Am Strs..l24Vi 123 a 124 ',K 100 Am Ship & Cem.. 20' i .120 Am Rxvys. 13U lOOfAtlnn Blr & A... 4-7s lOOtAu Nlch'ls .10M. I 1 54 5i 54 2 2 Vi VS 11 ' Ji 154 Ji 1 i 154 154 Hi 1 IS Vi 1 H4 Hi li 2 3 . !a z U li 201 1, 13 4 20'. y, 13 .. 4.. 30 Vi 301,4- ISfHnld Le..U2 112 112 41 Huff & S t c pref.. 50 lOtChllc Cep 20T, 200 Elec Ster. 4.'lVi 30 Gen Asph. 01 12 Hunt & H T pref... IS 7" In Ce N A 38 100 Key Tire. 18 230 Lnke Sup. 108 ." Leh Vnl.. 04 200fMldvnle. . 315 017 Pernie. UK 12 7 Penna Salt 72 10 Phlla Ce cum pf.. 3Siy 308 Phlla Elec 20 207 de pref.. 30 341 Phlln II T 31 i'OtSlnclulr. 3(lVs Sr. Tone Hei. Hi no 207; 43 Vi 00 1S 38 18 10 04 30 41-li .10 1 207i. lj 431, C0-0 IS 38 . . 18 3016 'J 04 1 .10 V 41?b- V 3SC. 287 301,'s Hi 3811 20 .. 20vi 31ij 3i's -,H.. 1 in ns 1 1 3.-j . . V-i ,'!7." Tone Min Us m r2',i r.2ij 100 I' ( 1... HOW .ler&S 3." 3 10 Yerk llwy 2S& 28 28& M t.Vet clians-e mnile by cemnrlsnn wllh last aale en .N'ew Vnrk Stock Kxchnnge. niiiaiiri.i'iiiA iiends 700 Liberty 2d 4 Vis '42 00.82 1000 Liberty 4th 4i,s '38. .. .100.00 .".00 Phlla Electric r's 00 .".000 1'h lln Electric t"L.s !)0V. 2000 Phila Electric 1st 5s..Iets H8--)i 5000 Phlln Electric 0s . . . .lets 103ij LOCAL MINING STOCKS TONOr.MI STOCKS ma .Kk ml c nh Pov Jim lluiler xtncXiun 11 a I'reseiMlt Ml.hVHv s . Mlniali J5t Xluntatin North htar UeBcue Kula Tonopah Kxtcnaien xx'cm Ilnd West Tonopah . . OIVIDK us . 1 .T e.l IMI nr, 117 ll'l "JO 1.50 Ill 02 STOCKS It 01' nt ti.' ii.- 17 !!!!!!! !ni in ... In n.i oei mVi 78 in' 01 11- 2 2 2 54 54 ' Ji 2 2 54 54 2 ii.-, ID nil .li'l .ML 1.02X4 op, .01 Allied DIvMe Alie Dlvlde llelrher Ilelcher 15xt llreiiKh Dlvld.. HUiilu nxtcnslen Dhlili. Cen Il Ulen.l i;.iHt UUIde llurmlll , Knox Silver Kln.s Sutherlaml Tonopah Hlvlile Tmiepah Hanbreuck X'lctery IJIMJe Vfirde DhlJa kne , . a .112 .0-4 .HJ .ll llll t!l .na .llll 02 .12 II-. .III 01 .711 .01 02 .0.1 .11 1 Vi 5i 154 1 VS 2 Hi in 2 54 V4 (lOLDI'IKI.U STOCKS Menth 01 02 .ill e.-, .ill Teil e:t in .HI ii.-. .0:1 .n."i .hi .Ill's 18 113 Coml.ln.itlen Krustlen I'rnclu rjiiel'. Dliinienilflelil It II riorenre liitlilttehl I'uii .nt .ill .?. .117 .11-' .niOri .01 2 54 1 ,, I (iuliltlelil IHveleiiment li (ielilnel'l Dwv it Ureal Jleml 1 .lumlm lixt .7 t ip.inas I.en Star . fire It.l lllll- ?4 I 111 I. .Ill .III .silier ricli Spmrhenil .xilM.'l5I.I.ANi:ei.'S Anip.irn Arleni t'tnied , L'ali ih.nl.t l'iiiidi.,irl.i 54 2Vi .(ill ,1K .1111 ,2 .112 n, ioe't .111 .11 .111 .24 .07 .ir, .4.1 ,li.r, .02 1 111 21 .ns .31 .11.1 .211 HI fi 2.-, il.'l .02 .211 .00 .18 .17 .("I .03 ; 1 1. ma 4 i:ure l.inmii Nllwr lui l rn'suH 14 BVi 54 Hi 254 i;urek.i Helly . , lUrlu M.irah Mether l.ode . . , Nevada Hills Nevada XVendcr Hucceas Tecopa Mln xnieane , XVhltu Caps . . . , Wlllwrt Raw Sugar Steady But Quiet New Yerk. June 12. The raw misar ninr ket ua steady but iiul.t this morning Hujera were hnldlns off v.Hh the expectation tin price.! tnlKht I. trimmed downward al Kh ill. Un th. ether hand, s-llern appeared UnwIllii.K at the moment tu make conrei cenrei alnna. V. i-al.s wer.i lepnned ivlcea nnni Inal .-i 3e t ai.e iimei tatlens nn Sat urday von. an.inn Lnua Tulme, l Ami-rlean 7(liiii Lji-n te 1". iler.ii and (IIMI0 l,aKa ' Hewell, 1H5.1I0O Iiuks. l'lilllpplneH. te Ar LuekU. 40,1,00 te Hewell; (11100 bins Kan h. n.iiBO. te Canala. Ii, the reMncM m?,..i' 1 !i Ji 54 2Vi 1 I ,u;"5, h: "A,,J'.l.en..uf " 'lance of a. reported at the lie level Liverpool Cotten Liverpool, June 12 Theio w , demand for apet cotton today with fair head, Hteady, prlrea iirui en i ne paaia et an inhume of 4(1 inula for li ddtltu . n, i ' 7,i.i !.,.:. .,.7,, Peillia fincn halt, ; The r.relp';' ( ., aT.Sen uiuV IneUiUnif 21.(10(1 Llea Amerlrjii. ' (f, .;",'. w.ie linn li the early dealing, Hpet nn.rs ;:;. Aii.ilian, inl.lilllnic fill- 14 211 i,,r,'i mildllnif. 1 i-.'ldi fully mlddlliu. lu.ui.i' ml. Hint. 12 -lid. lnw mlddllriK, 12.31.T X d , r. dlnary. It Hid, and ordinary, lo.eb.l Cramp Notes Called XVIIIIain Cuimn t Hern Hhlp ami llua-lne llilllillna- Company .5 per cent riJi SLI" eiti.u. n..nn tup .,mj. 111. Bourse were heave nn 1011 mit'v. r.7 en Londen, se ,., 1 ' 2J waa UUOled inulurlnir January 1, 1U23. and July l. V 23 i'a2? leafi C!&V."P w'noHen next Julj igjgr'SAlf n-e, 32? JlVVtiS MARKET ffm B 80c te He. leas 2 pep rent for "a ah The demand 1 1 the. lower Hrure v "a cen.1 but .Ve,ry J0"', ' snn"'H 'ere aeceptlnir liusWei; en th a baula. n ihein-i. .. i:...,""",nc" .'(I1C UUaill NU tlrna --" ,. PHILADELPHIA ELECTRIC COMPANY FIRST LIEN ft GENERAL MORTGAGE 6 ..ONDS DECEMBER 1, 1941 Free from State Tax in Pennsylvania" PRICE, TO NET 5.70 , PUBLIC SERVICE CORPORATION OF NEW JERSEY PERPETUAL 6 INTEREST-BEARING CERTIFICATES Free from State Tax in New Jersey PRICE, TO NET 6.35 GEORGIA RAILWAY & POWER COMPANY GENERAL MORTGAGE 7 BONDS NOVEMBER 1. 1941 Tax Refund in Pennsylvania PRICE, TO NET 6.80 REILLY. BROCK & CO. 306 CHESTNUT STREET PHILADELPHIA NEWBURGER, HENDERSON &' L0EB Members of New Yerk and Philadelphia Stock Exchanges BANKERS Announce the removal te their new Banking Heuse 1512 Walnut Street Bell Phene, Locust 7400 Ncxv Issue $35,000 LANCASTER TOWNSHIP, PENNA. (Adjoining the City of I.ancaster) 4Jj SCHOOL BONDS, DUE JUNE 1, 1952 30 Ycais Nen-Callable Free of Penna. State Tax of Four Mills Exempt from Federal Income Tax These, hends i,re the only funded debt of one of tha richest acrleultursl truvnriilpi In rcnnsjlvunia. The City of Iincaater Is expanding Inte this township. PRICE TO YIELD We X offer the nben bends subject te the approval of legality by Messrs, nscnd, 15lllett & Munson. Philadelphia. Tewimcnd CIRCULAR ON REQUEST SCHIBENER.BOENNING & Ce. Investment Bends 1615 Walnut Street Philadelphia Members Philadelphia Stock Exchange Itell, Locust 7100 Kejutene. Rare 331111 WALNUT 7010 TELEPHONES Public Service Newark Terminal Ss, 1955 Crevv-Levick Company 6s, 1 93 1 Standard Gat & Electric 6s, 1935 Midi Railroad 6s, 1960 Bread Ripple Traction 5s, 1933 Jersey City, Hoboken & Paterson 4s, 1949 Buffalo & Lake Erie Traction 5s, 1936 Wilmington Gai lit 5s, 1949 Tennessee Electric Power 6s, 1947 Otte Eisenlohr Common Portland Railway, Light & Power Common ' Tennessee Electric Power 2nd Preferred Tennessee Electric Power Common NEWHALL, GROSS & DIFFENDERFFER Real Estate Trust Building. Philadelphia MEMBERS NEW YORK AND PHILADELPHIA STOCK EXCHANGES AND CHICAGO BOARD OF TRADE THOMAS JANNEY COMPANY a Sele Leather Tanners and Shee Manufacturers wish le make a sound, meritorious and conservative investment offering. Address DESK 1 THOMAS JANNEY COMPANY, VICTORY BUILDING, PHILADELPHIA OILC JB7a Investments Baker, Yeung & Company IDSlU'll XV. SWAIN, Jr., Mutineer Land Title Bids. Ben, Philadelphia Bends for Investment Suittuiens Upen Rcqutil The National City Company I litJiil f 1 11 Try.ywr Keystone, Race 7951 RACE 7M ARE YOU SURE that your new building w"1 return what you expect of It' Peer designs will net give th greatest use of fleer space. nor peer construction the maximum value. JOHN N. GILL CONSTRUCTION CO. Cenunwtai flttii. rsoeristi laititafiem. ini SmelUr lrer nil'a llulldins . fllLAIItl.i'IIIA eiU1 nzj feiu V'su First Investment Fund Series "B" 1, .. CJ..I.a,atnl1liH INVESTMENT REGISTRY Off AMERICA. Im. V iH', v ,Aik?itf.tmut Strast 'ti .'i: ,i tt"7t : fcyTS-ife,. ''i-ffiM
Significant historical Pennsylvania newspapers