immm ' j sTwyjMMSMfjp.pwiiMU'Fiii "w"f 'Mi' "im 'm''lffi'wyPlf' sjiy '" ww MM '""IWPWMHBBBIBBH1!11 'W'1lp '''S'Mf ''""ii"1 y 9 mm 'WiWryH Kf if M n1 'u t t-1 L 't irtJI' ""TPspnWBaHBrllinTiTrjjnre B p Awr x r . x ' w" ' rwr v ,?: . A (. i": l 'flfr !."' tajf II. r i 8. rih'i wr BMJ Bffl KS-' . Fv K? I r' itt, si set rtsr. T9 ' Vmit Hff L 22 m Reynolds Spring Company Established 1899 Manufacturers e Cushion Springs and Radie Apparatus Common Stock Listed en New Yerk Stock Exchange Circular en request GOODBODY & CO. Members New Yerk Stock Exchange 115 Broadway New Yerk fd EVENING- PUBLIC EBDGER-Pffil SHARP RALLY FROM YESTERDAY'SBREAK Liberal Supporting Orders and Hasty Short Cevering Turned Tide Upward $50,000 Province of Ontario Guaranteed 4 Bends Issued by the Hydro-Electric Power Commission Due Aug. 1, 1957 Principal and Interest piyable In Geld In New Yerk These bends are guaran teed absolutely, both as te principal and interest, by indersement en each bend by the Province of Ontario. Price te yield 5.10 Write or Circular P-C13 Weed, Gundy & Ce. Incorporated 14 Wall Street, New Yerk Terente Winnipeg Londen, En?. Mentreul Spruce 8200 nv LIBERTY BONDS 1 New Yerk, June 14. There was the customary rebound In today's stock market usunllv Witnessed following n sharp nnd sudden reaction micli en oc curred yesterday. The opening market disclosed organized supporting orders all through the list, which net only checked the reactionary movement, but also Prompted liberal covering of the short Interest. The tone, as naturally would be expected after such a violent I shake-down was for a time feverish and I unsettled.. As the morning progressed ' this te u large degree disappeared and I the general lln gradually assumed a mere normal aspect. One of the striking features of the etcrnight developments was the curious I thorough agreement of all commenta tors as te the. moving cause of the feml-collapse of the bull movement, and jit wat generally admitted the Inevitable result of an overbought market and the history of speculation ill ever the world. The question, however, which nil found difficult te find n satisfactory crdlct for was whether the backset was merely a temporary halt in the for ward swing or n turning point in the market trend. Kvldently there was n generous re spense te the marginal calls sent out last night, or In all event1, buying demand in the initial proceedings was much in excess of the selling orders. Elmlnatlen of speculatvc or margined accounts nevertheless added te the gen eral matket's unsettled tone in the first hour, but while many of the miscel laneous specialties cave wnv te in- InmflOivl ,fneci11A tl,a n,tlAi,l He. e.AArl- illy strengthened as the morning pro pre 'grossed. j The recovery became mere robust in 'the second hour nnd before neon the imere popular Issues had rallied from lone te ft points above last night's do ling leel. Pepulnr oils showed the V't0"1 re,f,ilicnt'.v rlng 2 te 3 points. , L. S. steel nnd the independent steels advanced 1 te L6 points and meters nnd their accessories rose 1 te 2 points, feed specialties, sugar and ether indus trials were up 1 te .". points. Among the rails. 1 nlen and Southern Tacirlc, Heck Island mid Heading showed gains i of 1 te 2 points. The rebound was uppeited by an opening rate of 3 per cent for call money. Little attention ,was paid te the nervous condition of foreign exchange, the iinitlnmni nbreud being directly reflected in the greater weakness in Austrian exchange en the closing of the Vienna Bourse. . SECURITIES DEPAUTMET COMMERCIAL TRUST COMPANY Member Federal Reserve System City Hall Square West We suggest-. A First Mortgage 7 Steel Ce. Bend Pcnna. Tax refunded Nermal Income Tax free Price 98 A First Mortgage Public Utility Bend Nermal Federal Income Tax free Price 82 F.P.Ristine&Ce. Members Philadelphia and New lerk Meck Exchange m j Commodity Markets i GRAIN MARKET Chiracs. June 13. A continuation of j ftstertlav's liquidating movement weak cued wheat prices again this morning. A decline of Uc te Vsc in llrst skIcs was followed by further losses of c le J,ic. after the opening. Karlr selling motives included easier cables, favor able weather and evidences of mere wheat back in the country than the trade was looking for. Cern, en the ether hand, was rela tively steady, with little less from tne previous close nnd sentiment apparently friendly nt this level. Oats were also steady and unchnnged. 12 Open M, nn; n eT si fl3i 9 04 (14'i 04 & 04i (14 H l.lOH i.in 1 ISH. 34. 80i H7, 814' 12.05 Corn Cern July . . Sept. . , Dec. . . , Wheat July . , Sept. . . Dec. , Oat July f-ept. Dec . . . , Hje Julv . ., Sept. nibs July . Lard July Sept. . . Did. Previous Clese 01 nt', t)3. i.nn; l te', aii, .17'-, 3U' 1.09K!.On-, 1.10. 1.091 1 12si an", 37. 40 as'. 374 39 'J 0 'S4' 11.37 .11.67 11.32 11.02(911 CO COTTON MARKET New Yerk. June 13. Overnight sell Ing by commission houses, based en mere favorable weather and crop news, caused an opening drop of 10 te 17 points in cotton prices this morning. There was heavy telllni of July, credited te Jap nnene interests, nsainst purchnses of later months. Spot houses, New Or leans and Wall Street bought. Later the list continued heavy and at the end of the first fifteen minutes was generally 15 te 17 points net lower. Widtner Bldf., Philadelphia New Yerk KHzalxth, -, j Previous 1 CIose Open P.M July 21.03 21. UO 21.77 October 21.48 21.40 21.03 Dtcember 21.24 21.10 21.3.1 January 21. nu 20. H3 21.17 M:,trch 20.92 20.7N May 20.70 '20.53 .... Did FEDERAL LAND BANK 42 Bends Due 1942 Exempt Frem Taxation Price lOO1 and Interest Edward Lewber Stokes & Ce. 20 Seuth 15th Street PHILADEPHIA Locust 034S .UI.0larR$0e. BANKERS 21 Chestnut St., Philadelphia Established 1837 Members New Yerk and Philadelphia Stock Exchanges vm Delaware, Lackawanna & Western Ceal Lehigh Valley Ceal Sales Masen City Ft. Dedge 4s. 1955 Wm. C. Orten & Ce. 14 Wall St., N.Y. Tel.Htne y.er 9690-9697 BBS C. S. PATTON & CO. ft rilKSTM'T t'TS, BANKERS ' Mncrnsers te 1)4 stark, henjht end MM. X . MAII.EK ft TEVKNn.N !. ana kteek. hentht ind Jif MtatWr Falls, 6teek Exeh.ei i NEW YORK COFFEE MARKET New Yerk, June 13. The coffee fu ture market opened irregular this morn ing wltn prices 4 points lower te .'! points higher. There seemed te be fur ther selling for European account and I iiIm) for local commission houses. PrevleuH Cttae Open I July .. . 10 2.'i.'rt 10 21 I September .. le.lfjfill 10 nsCOD December H.RO0S2 0 81 I.Maich 9,04ifl(l 11(17009 May 0.C234 9.31 Did. j FOREIGN EXCHANGE New Yerk. June 13. The market for foreign exchange opened with further declines from jestcrdnv's low figures almost general. Sterling was off nbeut Vs, francs down II, Uelginns, lire, Swiss and Spanish also were down 2, Swed ish and Danish down 5, guilders down 15, Norway down 15, and marks showed a gain of . Aieund 1 o'clock the market became ery weak, sterling declining te i 47Vj for entiles and 4.47 for demand. Tills Is a decline of nearly 4 rents from the iccent extreme high record. Trancs. broke, te 8.711 for cables and 8.78 for checks. A little mere than a week age f ranee were ipieted at WV for cables. Lire declined te 4.05V for cu bles anil 4.05 for checks. Marks were nominal at .31. Owing te interruptions te telegraph fnclli les through the storm only a nominal quotation Ih available for the piemium en New Yerk funds In Mon treal, 20-312 per cent. The discount en Canadian funds in New Yerk was nom inal at 20-.'lli per cent. The weakness In the principal ex changes was communicated today te some of the Central European issues In which severe declines were estab lished. Austrian teccded further te .0050. Other quotations were: Ru manian. .07; Bulgarian, .75; Serbian, 1.43; Czecho-Slevaklan, 1.021,4; Jugo Juge Slavlan, .35; Greek. 4.05; Pelfsh, .O'-'.V); Finnish, 2.15; Hungarian, .00?4. TKSTKnDAY'S CLOSING QUOTATIONS sterling- Kruno I.Ira dullders Demand 4.49 8 8S fl.0.1 39,04 Cable 4.4Uli 8.HSH C 03H K9.08 TODAY'S OPENINO QUOTATIONS Sterllnic Francs Lire Guilders Demand ..... 4.4SA 8 S1J4 ft 03 39.02 i. ,ts, e.an'4 p.v2 av ui rADBIiPHIA,rreBSDA?JTOB' 18, mar, y;.. ' ' . ' '."'i'- -rrir ii t" - i. ,ammmaMtrmHmmmmitm, i J i ,r b-5I i " 3BSp1 NEW YORK STOCK EXCHANGE TRANSACTIONS Cables BAR 8ILVER Demestic bar ller '" unchanged In New Yerk today at MHe per nn eurui ferln. 78Uc.,a ln et He. In Londen, the price ws M hlfh.r, at 85d. Dlv. ' Bstes inf STOCK Hllh Lew t00 ., Adama Gspreii.... 61 V, ,61)4 J00 .. Advance Rumely... 17H t7 ,122 4 Alr Reduction..... B3 03 2600 ...Ajax Rubber 16 A ,122. AlMk Juneau O M IH VI K 3030 4 Allied Chtm Dye 6814 66 fi 1303 4 Allls-Chalmer 47 M 46 U JOO ..Am Aa-rle Chcm... 38, 36 !22 ' An Atrrle Chem pf 6K 66)4 100 4 Am Dank Nete 70 70 '222 Am Owt Suear.... 4414 41 W ?22 "Am Beich Magneto 42 40 H ,122 Am B Shee Pdy new 59 89 3800 .. Am Canv.......... 46J4 43J4 800 II Am Car Pdy t64 I62J4 00 .. Am Cblcl 1014 10H 100 .. Am Cotten Oil 23K 25H 200 ..Am Cotten Oil pf.. 86)4 8614 00 AmiJruRSjm 5 ,JH t00 iAm Expres. 133J4 t33K 300 ..Am Hide Leather 14 13 ft '22 Am Hide A Leath pf 67)4 67 U ?00 7 Am Ice 104 t03 J00 8 Am Ice pf 83)4 63)4 ?i22 Am murnatCerp.. 44)4 42 mlZl l Am L FTanca En 12)4 12. '?22 An Llnsetd 34)4 33)4 100 .. Am Linseed pf.... 84)4 94 200 6 Am Locomotive.... 109)4 109X 400 4 Am Radiator 95 95 303 .. Am Safety Raxer... 6H 6H 2S22 Am Ship Cem... 19)i tBW 2?22 A,I Sm.lt 59)4 88)4 t00 7 Am Smelt pf 97 97 700 s Am Steel Foundries 35)4 3514 M00 .. Am Suiar Ref 78H 7714 200 BAmTelftCabl 60)4 60)4 1200 Am Tel Tel 122U 122 2600 .. Am Sumatra 37)4 34 100 12 Am Tobacco 138)4 138)4 400 12 Am Tobacco B 136)4 136)4 400 .. Am Watrwks 6 pf 33 H 32 1700 7 Am Woolen.., 91)4 69 J03 .. Am Zlnc'Ld 4 Smelt 16)4 16)4 100 .. Am Zinc Ld 4 S pf 43)4 43)4 5400 .. Anaconda Copper .. 52 H 50 100 4 Aue Dry Geed 52 H 52 H 35 6 Asse D Geed 1st pf 82 82 200 6 Asse Oil 115 115 200 .. Assets Realization.. 2 2 500 6 'Arch Tep & San Pa. 98)4 97 H 300 .. Atlan Blr ft, Atlantic 4 4 100 .. Atlantic Fruit 3)4 3)4 3500 .. Atl Gulf A W I S S 37H 36H 100 . . Atl O ft W I S S pf 28 28 3300 .. Austin Nichols 28?i 26)4 100 .. Aute Sales Cerp.... 3H 3H 7600 7 Baldwin Locomotive 1 11 H 109 7700 .. Baltimore A Ohie.. 47)4 45)4 200 4 Baltl ft Ohie pf.... 60 )i 60)4 500 .. Barnett Leather... 55 i 55 3500 .. Barnidall Class A. . 38)4 35)4 400 .. Barnsdall Class B.. 30 30 tee .. Batepllaa Mining... 1 1 100 6 Bethlehem Steel.... 74 74 4000 5 Beth. Steel B 76 75 100 8 Beth Steel 8 pf..113K 113 9 100 .. Beeth Fisheries.... 6j 6, 100 8 Brooklyn Edisen... 106 106 50 De Odd Lets 107 107 2900 . . Bklyn Rapid Transit 23 Ji 22 ? 300 . . Bklyn RT ctfs of db 20 9 20)4 200 8 Bklyn Union Gas.. 110)4 11e!4 100 .. Brown Shee 47 47 200 . . Brit Em Steel 2d pf 32 32 300 10 Burns Bres A 133 132?4 900 2 Burns Bres B 2 42)4 lr 300 .. Butte Cep ft Zinc.. 7)4 7 2800 .. Butte ft Sup Cep.. 27)4 26 600 .. Butterlck Ce 24 24(4 400 . . Cadde Cen O ft R. . 1 1 H 1 1 H 100 6 California Packing. 75 75 5300 .. California Petrel... 61 ii 58)4 5100 .. Cal Zinc ft Lead.... 8)4 8 100 2 Calumet ft Arizona. 61 )4 61 )4 300 10 Canadian Pacific... 135)4 135)4 200 .. Case J I Plew 6 6 2700 .. Central Leather.... 37 H 36)4 100 .. Central Leather pf. 71)4 71)4 300 .. Cerro-de-Paace .... 35)4 35)4 600 6 Chandler Meters... 70)4 70)4 700 4 Chesapeake ft Ohie. 63)4 63 K 700 .. Chicago ft Alten.... 9)4 9J4 100 .. Chicago & Alten pf 17 17 600 .. Chi 4 E 111 (new).. 35 H 35)4 100 . . Chi ft E 111 (new) pf 51 5194 500 .. Chicago ft Gr West 8)4 8)4 400 ..Chi ft Gr West pf 20)4 20)4 800 .. Chi Mil ft St P.... 25 24 1200 .. Chi Mil 4 St P pf. . 38 Ji 384 100 6 Chi 4 Northwestern 73 H 73 X 500 .. Chi R I 4 Pac.... 40 40 100 6 ChlUI & Pae6 Pt 79 78 100 7 Chi RI 4 Pac 7 pf 93 93 6500 .. Chile Copper 20 19K 1700 .. Chlne Copper 28)4 28 100 2 Clev.Cln Chi 4 S L 67)4 67)4 200 .. Cluett-Peabedv .... 55 55 100 7 Cluett-Peabody pf . . 96)4 96)4 8100 4 Ceca Cela 64)4 60)4 100 .. Cole Fuel & Iren. . . 29)4 29)4 500 6 Celum Gas & Elec. . 84)4 83)4 3000 .. Celum Graphophena 4)4 4)4 200 .. Cel Graphophene Pf 1794 17 X 4030 6 Cemput Tab Rec... 647. '63 ?i 200 . . Consel Dis Ina 100 7 Consolidated Gas.. 116), 116?4 3500 .. Consel Textiles 1074 10)4 100 E Cent Insurance 75 75 600 4 Cern Products Ref. 100 H 100 H 100 7 Cern Pred Ref pf . . 11 5 115X 19000 ZV, Ceiden ft Ce 47 46)4 4600 .. Crucible Steel 70 68)4 100 7 Cruclble Steel pf... 92 92 5000 .. Cuban Am Sugar.. 24 23 3500 .. Cuba Cane Sugar.. 16 15)4 2200 . . Cuba Cane Sugar pf 34 33 6000 .. Davisen Chemical.. 47 43 103 .. Debeers C Mln Ltd 21 Vi 21)4 100 6 Del Lack ft West.. 122)4 122)4 100 1 Deme Mines 27 27 500 8 Du Pent (E I) Ce.. 127 126 200 .. Duluth Se S ft A 4)z 4)4 200 6 Eastman Kodak new 72 72 1 303 3 Elec Storage Bat. . . 43 V 42 100 .. Elk Hern Ceal 20)4 2014 103 C Endlcott-Jehnson ..80)4 80)4 6600 .. Erie 15 14 1100 .. Erie 1st pf 21 21)4 200 .. Erie 2d pf 16 15 300 8 Famous Players L. 83 81 X 200 10 Fisher Bedy 108 108 400 8 Fisher Bedy of O ptt 03 102 3300 .. Flsk Rubber 16 13 10600 .. Freeport Texas.... 23 21 X 6800 .. General Asphalt. .. . 60)4 58)4 200 B General Asphalt pf. 93'. 93)4 200 8 General Baking. ... 115 115 100 6 General Cigar 72)4 72)4 18403 .. General Meters.... 13 13 703 6 Du Pent 0 deb pf 81 B0 14 100 7 Gen Met deb 7.. 94)4 94)4 500 .. Glidden Ce 15)4 13 200 .. Goedrich B F 39)4 39)4 200 7 Goedrich B F pf.. 88)4 88)4 1700 .. Granby Mining 29)4 27X 1200 7 Great Northern pf. . 76)4 75)4 2000 4 Great North Ore sub 38 JJ 38 100 ., Greene Can Copper. 32 32 330 .. Guantanamo Sugar. 12 12 5200 .. Gulf States Steel... 74 70 100 .. Gulf Mobile ft N of 37 37 200 . . Hablrshaw Electric 1 74 I )4 300 .. Hendee Mfg 22 2c 100 3 Homestake Mining. 71 71 2930 .. Housten Oil 77)4 74)4 1400 1 Hupp Motorcar.... 19)4 19 5600 .. Hydraulic Steel.... 11 10 100 7 Illinois Central.... 103 103 100 .. Illinois rts X X 400 .. Indlahema Ref 4)4 4)4 100 .. Indian Refining.... 9)4 9)4 830 .. Inspiration Cen Cep. 40 39 1400 .. Inter Cen Cerp.... 1 yt 800 .. Inter Cen Copper pf 3 3)4 200 .. Inter R T wl 30)4 30 100 .. Inter Agriculture . 10 V 10 100 .. Inter Agricul pf.... 38 38 130 2)4 Internat Cement... 33)4 33)4 700 2 Internat Cem Eng.. 23)4 23)4 100 .. Int Great North wl 22 22 100 5 int Hanester new. 101 101 2900 .. Int Mer Marine.... 21 ft 20 3000 6 Int Mer Marine pf. 79 76 2000 .. International Nickel 16)4 16)4 13 0 .. International Paper 47 47)4 100 6 Inter Paper pf stpt 68)4 68)4 3900 .. Invincible Oil Cerp 16)4 15 900 .. Iren Products 31)4 29)4 1830 .. Island Oil 1 !4 1 500 .. Jewel Tea 18 18 700 .. Jenes Bres Tea.... 42 42 1000 .. Kansas & Gulf 4 4)4 1200 .. Kan City Southern. 24ft 24)4 100 4 Kan City Se pf.... 87)4 57)4 300 .. Kayser Ce new 40 39 100 8 Kayser Ce new pf. 103)4 103)4 ' 1:80 Net P.M. Chw.' 61)4- H zh '& 16 1 67)ti IX 47 4- 1)4 38. X 66)4- K 70 44)4 X 42 1)4 89 - 1 46)4 1 163 1 10)4 .. 23- )4 56)4- W 8K 14 13374- X 14 67)4- K 104 83)4- 14 44)4 t IX 12)4 .. 34)4 )4 54)4.. 109)4 1 93 - )4 6X W 19)4 X 59)4 1 97 33)4- X 78X 2)4 60)4 .. 122 - V 37)4 1)4 138)4- )4 136)4- X 32-3 91)4 2)4 16)4- X 43)4 .... 32X IX S2X- 54 82 113 2 98)4 4 - )4 3)4 .. 37X X 28 - 1 28J4 IX 3X- X 110 1 47)4 1)4 60)4 55 -r 38)4 30 -1 74 -75 113 6X- 106 -107 23H 20 110)4 47 -32 - 133 42)4 7)4 2754 24)4 -11X- 75 -61)4 8)4 6US 135)4 6-r 37)4 71)4 9)4 17 8)4-20)4-24X 79 93 20X 28 J4 67)4 55 96)4 )i 154 2 1 ")4 54 54 54 J4 154 2)4 54 2 54 J4 "J4 54 X 1 3)4 54 54 54 X 54 54 IX 54 X 1 54 54 54 54 54 54 - 1 2)4 6254 2)4 !4 1 J 4 29)4- 84)4 4)4 . 17 6454 - 116J4 10 . 75 100 T 115X 47 54 70)4 92 2454 16)4 34X 47 21)4 12254 27X 127 , 43 J-20)4-80)4 14 83 J- 108 - 103 16 23 59 93)4 113 72 1,4 13)4 81 94)4 13 -39)4 76)4 38J4 32 -12 -73J4 1ft 77 4)4 9)4 40)4 154 354 30)4 I 10 38 33)4 23)4 22 101 2154 78)4 31 1 4- 24J4 57)4 40 103)4 X X 54 2 54 54 X IX IX 1 54 " 154 54 54 X 54 1 2 4 54 i 54 54 X 154 74 X 54 1)4 2 54 1 X ')4 'a 54 "54 354 154 1 54 54 1)4 54 54 54 X 54 54 X Ulv, rurea In; 2400 1000 14100 6800 100 200 100 100 BOO 600 v " STOCK " lh Kellv-Bn. Tire..... 47 Kelsey Wheel 98)4 Kennecett Copper. . 34 X . Keystone T ft R- 18 I Kresge S,8... 135)4 . Lackawanna Steel.. 71 . Laclede Oas of St L 78)4 . Lake Erie ft West. 33 . Lake Erie 4 West pf 86 54 I Lee 'Rubber 30)4 700 IH Lehigh Valley 63X Sxr ' mm Locomotive. .ii 1200 ...Leew'a Ine IS 50e 1 Left Candy 12X 300 ,. Loes, wiles 43 100 13 Leitllard Plerr 154)4 2'00 .. Mack Truck 52X ,500 7 Mack Truck 1st pf 87 X 2100 .76 Mctntyre new 16 tOO .. Malllnsen Ce 21 122 . Manhattan El Supp 53 300 7 Manhat Elev Guar. 47 100 2 Manhat Shirt 3754 100 .. Market St Rwy.... 7)4 .S22 8 Mp St Ry pr pf.. 60)4 10300 .. Marland Oil 44)4 100 .. Marlln Rockwell... 17 100 2 Martin Parry 3154 7" 200 ..Math Alkali 36)4 200 .. Max Moter Class A 67)4 S300 .. Max, Moter Class B 23 X 7700 13 MeXlcan Petroleum 1 36 X 700 2 Miami Copper 28)4 60 4'Mfnhlriui rntral.. 65 ewwi.20 Middle States Cerp 800 4900 500 1374 Mldvale Steel 34 Mln 4 St Leuis.... 10 Me Kan ft Tex (wl) 17 Mn Wen JL T IrvW nf 36 ti tnn .' . '"'-- :;rr Missouri racinc... i ,1000 . Me Pacific pf 54 522 3 Mentana Power.... 70 43.22 Montgomery Ward. 21 600 .. Mulllns Bedy 26)4 803 .. National Acme.... 16)4 600 .. Nat En 4 Stamp... 49)4 ,400 6 National Lead 9354 '922 Nat R R of M 2d pf 47i 100 6 N O TexAMex.... 64)4 400 .. Nev Cen Copper.... 16 4S22 N Y Central 90X .,222 24 N Yerl Deck.... 41)4 12500 .. New Yerk N II & H 28)4 300 2 New Yerk Ont & W 25 203 .. Norfolk ft Southern. 18)4 300 --7 Norfolk ft Western. 106 uuu B North Anurran... 61 3 North Amer pf 43 54 .. North American rts 7)4 6 Northern Pacific. ... 74 . Neva Scotia S 4 C 30)4 . . Okla Pred ft Ref. . . 3 X . . Orpheum Circuit... 18)4 8 Otis Elevator 134)4 .. Otis Steel 12)4 3 Owens Bet Mach.. 35 .. Pacific Devel Cerp. 8 6 Pac Gas ft Elec... 69 .. Pacific Mail 16 3 Pacific Oil 60 6 Pan Amer Petrel.. 68)4 6 Pan Amer B 62)4 . . Panhandle 8)4 2 Pennsylvania R R. 41 X .. de Cash 41)4 . . Penn Seaboard Steel 11 6 Peeples Gas Chicago 81 . . Peoria ft Eastern ... 19)a . . Pere Marquette.... 30 6 Pere Marquette pf. . 66)4 t Philadelphia Ce.... 37 54 S Phillips Pet 52 De Odd Lets 5154 . . Plerce-Arrew Moter 19)4 . . Plerce-Arrew Met pf 37 . . Pierce Oil 8 . . Pierce Oil pf 49 .. Plrely Wig-sly ster 42 fi Pitta Ceal 63 7 Pitts Steel pf 85 .. Pltla ft W Va 3714 i u i -ena ureeK coal... zi 1500 6 Pestum Cereal 78 .. Pressed Steel Car.. 77 . . Producers & Ref... 40 6 Pub Ser Cor of N J 86 V 8 Pullman Ce 118)4 . . Punta Alegre Sugar 50 2 Pure Oil 31)4 .. Ray Cen Copper... 16 8 Railway Steel Spg.100 4 Reading 73)4 2 Reading 1st pf.... 51 X 2 Reading 2d pf 52 . . Remington Typew.. 32)4 . . Replogle Steel 32 )4 . . Jiepue iron ft steel. 70 . . Republic Meters. . . Reynolds Springs Reynolds Teb B 103 100 100 600 2500 500 100 200 400 400 300 -200 18400 5700 1700 200 3000 100 7600 200 R500 2600 100 700 3800 60 2100 1200 5500 200 103 2100 300 3200 200 9500 600 1300 1300 5300 2800 700 2500 100 100 100 2200 5200 800 300 1800 78005.20 Royal Dutch N Y. 11)4 48 45)4 60 40)4 14)4 2674 100 .. Rutland nf. 300 1 St Jeseph Lead.... 3200 .. St. Leuis San Fran. 1800 .. St Leuis Southwest 27 400 .. St L Southwest pf. 44 600 .. San Cee Sugar 4 1200 .. Saxen Moter 3 200 . . Seaboard Air Line. . 7 1200 .. Sears-Roebuck .... 75 500 .. Seneca Copper 12)4 100 .. Shattuck Ariz Cerp 10 90383 tt Shell Transport.... 42)4 58500 .. Sinclair Ooneel.... 34 X 700 .. Sleea-Shcffleld 42)4 100 .. Sless-Sheffleld pf . . . 75)4 2200 6 Southern Pacific. ... 88 3400 .. Southern Rail 22 74 1200 .. Southern Rail pf.. 53)4 1500 .. Splcer Mfg Ce 20)4 6100 4 Standard Oil of Cal 108 500 5 Standard Oil of N J 186 100 7 Stand Oil of N J pf115 100 2Vt Sterling Products.. 49)4 20 De Odd Lets 50 700 3 Stewart Warner Spd 42 1000 .. Stromberg Carb.... 48 25800 7 Studebaker 1 1 874 400 .. Sub Beat Cerp 6' 1430 .. Superior Oil Cerp... 8)4 100 .. Superior Steel 34 100 .. Sweets Ce of Amer 3X 2100 .. Tenn Cep 4 chem.r 11 11830 8 Texas Ce 47 300 4 Texas Oulf 4 Sulph 45)4 200 .. Texas & Pacific 27)4 400 1 Texas 4 Pac C 4 O 26 100 .. Third Ave 20 1100 fi Tobacco Products.. 79y4 200 7 Tobacco Pled pf . ... 105 13200 .. Transcentlnpntal Oil 15 100 2 Twin City It T. . . . 56 5500 .. Union Oil 22 2600 10 Union Pacific 136)4 100 4 Union Pacific pf... 75)4 200 . . United Alley Steel. . 36 100 8 United Fruit 13674 200 .. United Rwy Invest. 12)4 100 .. Unit Rwy Invest pf 28 12900 .. United Retail Stores 64)4 2800 . . U S C I p 4 Fdy. . 32 300 ..US Feed products. 7)4 100 ..US Heffman Mach 22 4900 .. U S Ind Alcohol.. 52)4 100 ..US Realty 4 Imp. 67 41000 ..US Rubber 61)4 100 8 U S Rubber 1st pf.104 100 ..US Smelt 4 Ref.. 40 32500 6 U S Steel 98 100 7 U S Steel pf H9X 100 ,. U S Tobacpe Ce.... 51 100 2 Utah Copper 63)4 200 .. Utah Sec 15fc 2400 .. Vanadium Cerp ... . 44 fftOO . . Va-Car Chemical. . . 31 54 103 .. Va-Car Chemical pf 68)4 203 .. Vlvaudeu Inc 11)4 1500 ..Wabash 11 1400 .. Wabasl, pf a 29)4 .103 1 Weber 4 Hellbrener 13 54 800 .. Western Maryland. 11 300 .. W Maryland 2d pf. 19 200 .. Western Pacific... 20)4 100 6 Western 1'nclflc pf. 60)4 2800 4 Westing E 4 M.... 59 54 2400 .. Wheeling 4 L E.... 13 400 .. Wheeling 4 L E pf 24)4 900 2 White Eagle Oil.... 26 2 600 4 White Moter 48)4 1200 .. White Oil Cerp.... 9)4 1400 .. Wick Spene St Cerp 17)4 2300 .. Willys Overland... 8)4 300 .. Wlll s Overland pf. 43 ) 200 .. Wilsen 4 Ce 42 100 7 Woolworth F W pf!20 400 4 Werth Pumu 4 M.. 4914 300 1 Wright Aero BH Ex-dlvldtnd. Lew 45)4 98 3354 16)4 133)4 70)4 78)4 33 nu 63)4 110 1474 12 43 134)4 49 87 X 16)4 21 53 46 X 37)4 754 59)4 41 17 3154 36)4 67 23 134 27)4 60 13, 32 X 10 16)4 36)4 20 53 69)4 2054 26)4 16)4' 48 92 X 474 64)4 ' 16 88)4 39 26)4 25 18 106 60 43)4 7)4 74 30)4 3 Hi 18J4 13454 1254 35 8 69)4 15)4 58 6574 60 8)4 41 4114 97i 81 18 28' 66)4 37)4 50' 5154 18)4 36 ex 49 42 62 85 35 21 77 77 38)4 86 117)4 47 30)4 16)4 100 72)4 51 52 32)4 31 68)4 10 47)4 45 59 40)4 14)4 25)4 2654 43 X 4)4 3 54 674 74 12 10 41 32)4 41 75)4 86)4 22)4 52X 19)4 106 54" 186 113 49)4 50 41 45)4 1167s 6 7 34 3 11 45)4 45)4 27)4 26)4 20 78 105 14X 56 21 135)4 75)4 36 13674 12)4 28 62 30 7)4 22 49 X 67 59)4 104 40 97 119X 51 63)4 13)4 42 3154 68)4 11 '11 28 1354 1074 19 20 60)4 58)4 1-5)4 23)4 25 , 48)4 ' 954 15)4 8 42 41 120 4954 854 10 Net p. vr. cns. 46 1)4 98 34 X M7X 74 133)4 70)4 .., 78)4-' X 33 54 B8X .X 2974 IK 63 74 74 X - 54 RECOVERY EXIEHOS TO IMSTK Bank Advices Shew Gratifying Improvement In General ' Butlness Conditions ; There was some belated Ml1nj at the outset in the local market, but this i was readily nbserbed without any further important price recession. As the mew et.the market community ".always swayed by prices, naturally the spec tacle of the animated refund en the blr beard had the effect net only te ex ert a sustaining Influence, but later in fluenced n substantial recovery. It was noticeable these "peks which bad been foremost In the limelight of activity recently came back mere quickly and stronger than ".?'" fees active shares. This was Btriklnfly Illustrated In the point rally in F. tt. T. te 34 nnd U. G. I.'s &" 61U, or a point above the low quota tion 'registered In the. tat- break yes terday. Electric Storage Battery wee another, making a point rally, te 48. Pennsylvania Railroad yielded te 41, which, however, was 4 above the law price en the New Yerk exchange, and later, rallied te 41. n'W$h aftcr an enrly dip te 0, advanced te 10Tradln!r in the general list was en a smaller scale which s a reflec tion of the restraining Influence of the violent markets of the last few days. American Hallways was i in fairlv geed demand and point higher it 18. American Stores, although de clining Vj point, was remarkably well sustained nt 124, consider ng the wide advance the stock had I this yea', and the violent drop n ether such active speculative specialties. While Phila delphia Electric common shaded te 28. the preferred remained firm nt the top price of .10. Brill and Amer-" ican Gas were unchanged. A much mere hopeful feeling as te the general businefs situation was ex pressed after the weekly beard meet ings of the larger downtown bank ing Institutions this morning. All ad- yvlccs and nam iieiul iu U.U,.T',7. nealthv Improvement in most all unci. The reports from tne texiue luuueirj vere epecially gratifying, with most of these concerns reporting n larger volume of business en the books than noted for mere- than three years. Simi lar encouraging- reports, however, were made In ether lines, nnd there was a general feeling notwithstanding exist ing labor difficulties, that the tide of general business has turcd te n strong flood. Philadelphia Stocks Lew 124 1:15 P.M. 124 Net chst. -1 43 00 71tf cots 71' am 40 4Vj 10 43 83 13 20 10 18 n 13 17 20 38 28 20 33 10 70 13 50- 30 111 1& 23iy 43 .. 002 tt 71tt 03T3 40l 4 10X1 43 1 83 1 18- mlVi 10 High 2e." Am Strs.,124 00 Am Ship , & Cob.. 10r10 7 Am Gas.. 70 70 275 Am Rwys. 13 13 20fAnacenda 50s C0 2.1tAtln Gulf 30 30 lOtBald T.0..111 111 50fBroeklyn Rap Tr.. 100 Brill J G lOtCalif Pet. lOfCen Lcnth nrcf . . lOtChes & O 03 100tChlRI&P40 lOOtCel Graph 4 20tCuban Ca Sugar ... 10 245 Elec 8ter..43 20tFam Play 83 BOtGcn Mtrs. 13 70tHupp Mtr 20 20tlnt Nickel 10 20t.Tcwel Ten 18 255 Lake Sup 10 33tM Sta Oil 13 lOfXev Cans. 17 10fN Y N II & H.... 20 504 Pcnna RB 41 41 Hi l'hlla Ce cum pf.. 38 542 Phlla Elec 28 02 de pref . . 30 1200 Phlla R"T 34 lOfPicrce-Ar pref 30 20fPure Oil. 30 100 Radie Cor 4 lOfRep I&S. 00 lOtStL&Swn 20 75fSnx'n Mtr 8 200Tone Bel. 1 lOfTrnns Oil 14 500 UnlenTrnc 41 847 U G I.... lOOtU-S Steel tN'et chance made by comparison with last sale en New Yerk Stcck Exchange. PHILADELPHIA BONDS 1450 Liberty 3d 4s '28. .lets 09.00 MKX) Liberty 4th 4tts 38. .. .100.00 2150 Liberty 4th 4b 88.1ets 00.08 2W0 Amer Gas & Elec Cs. lets 80 1000 Cens Trac N J Os 80 4000 Phlla Electric 1st 5s.. lets 00 2000 Phlla Electric 1st 5s. . . . 08 1000 Phlla Electric 5s 00 10 13 17 .. 20 41 tt 38... 28$- 30 .. 34 1 30- 30 tt lb8 ?-" 14 51 50 51 a 08 08 08l KEW. ISSUE h ' . EMtmpt Iff Atl Ftitfmt lnemm (Tmm . LtmljlMMltmM tprjnpt Fmttid'mnit Smvlngi Bmnkt tn Pennsylvania and New Yerk ' " i k V . $300,000 ' ClaHen County, Pcnna. Dirct Obligation 5 Read Bend A- I'll t ir Dated July 1, ! Du. July 1, ,M"-M.J 5." Si no oirneN , Coupon Benda Denomination fl.oeo and WOO, with privileee ri regiatratlen aa-te principal only. .Principal and semGannuaT & i.r.-iA . .1.1.1.' Tanuarv anil Julv 1 at! inn Afflea L. 2. ' Treaau'rer,-Clarien, Pa., or Citizens Trust -empany, Clarien, tl FINANCIAL STATEMENT Actual Value, -Estimated 130,000,000 Assessed Value, 1022 .' 10,763,253 Total Bended Debt . k 300,000 Population, 1020 census.... 86,170 18,000 doe July i, lass isoeo " , ia lleoe - " isit iseaa - " me isoeo - mi isoeo ms lBoeo- " ms isoeo m MATURITIES f 18,060 das Jnljr 1. is.. i8.eoe !!!? 18,000 1800 18,000 18,000 16,000 18,000 18,000 18,000 lttl 11 ft: IBIS 1111 18l i t Prices te Yield 4.40 y Legality te be approved ey itttsrs. TMentend, JSntet 4 ifuiuoit'e,' i GRAHAMPARSONS & CO ESTABROOK & COK All statements 1 this circular have been obtained from sources w retard -dl able, and while we de net suarantes- their accuracy, we bell.ve them te b. cornet. 30 30 41 00 2(1 3 1 14 41 LOCAL MINING 8T0CK3 TONOPAII STOCKS nid Ask Cash llev 9 Jim Hutter gg MacNamara y J " Crescent 04 .On Midway OR .10 Mlzpah Extension OS ,00 Mentana "7 .00 North Star 08 .10 nrsrue Eulft .18 .20 Tnnnnah T!vtf.nslen 1A 144 .-.-.-.-.. . . . ........ - . - . .. .01 .yis .ut V H Yt DIVIDEND8 DECLARED Famous Players-Larky Company, quarterly 1.'. en preferred, payable August I u stock e( record July 15. Utah Power and I. ht Company, quarterly l' per cent en preferred, payable July 1 te stock of record June in. Nlplaslns Mines, quarterly 3 per cent, nay. abla July '.'0 te stock et record June 30. Julius Kejscr Ce.. Initial quarterly of 12 en ne.v no par preferred, payable July 1 te stork of record June 23 rraple's Gas nf Chics go, quarterly 114 per cent, payable July 17, te stock of reoeri Tlw United Fruit Company, quarterly, 2 per cent. June payable July 20. 15 te stock of record One Cipher Toe Many New Yerk, June 18. A cargo of sold Ger man marks, described upon It. arrival en the Frederick VIII from Sweden last night as worth 136,000,000. today turned out te have had one cipher tee many added. The National flank of Commerce, te which the sold was censlcned, announced the ship, nient Was only 13,600.000. The sold, which reached Sweden In payment for war sup. piles, was transmitted by ena of the bank's correspondents te balance account. Liverpool Cotten Mvrrpoel, June 13. There was a fair de mand for apet cotton tedav, but price, were easier en the basli of a decline of 13 pe'nt. fur middling at 12.63d, Th sale, were 8000 bales. The receipt, were' 32,(100 bales. of which 1700 bale, were American. Future were steady In the early dealing-.. Spot Price, were: American, mlddl'ng fair. 14.154: geed m'ddllng, ll.OSdj fully sal dlln. IJ.Sdi mUMIlnsT'iatfsdi low middffif la.rtd: geed ordinary, u.s.d! and ordinary JU.S.u. j vf West Knd West Tonopah , 02 DIVIDE STOCKS Allied Dlvlda 01 Alte Dlv'd 01 Belcher 01 llelcher Kxtenslen z nreuch Divide , 05 Divide Kxtensl6n 17 Dlv'd Cen 02 Dividend . ,. 01 Kast Divide 02 Harmlll 11 Knox ., ." , .04 H'lver King 01 Sutherland 01 Tonopah DlOde 7S Tonopah Hasbrouck 02 Victory Divide nt Verde Divide 02 Zene 10 OOLDFIELD STOCKS Beeth 03 Combination Fraction Crackerjnik Oi Dtamendfleld Illue Hull Florence 'JO Oeld'etd Cen 07 Clndrleld Dev 01 Oe'.dHeld Deep 01 (treat Hnd Jumbo Kxtenslen ni Kewanaa 03 I.ene Star 05 Ore Red Hill 00U Silver T'ck in Spearhead 03 MISCEI.LANF.OUS Amparo 8,1 Arizona United Caledonia .... Candelarla ... Rmma S'ler . Kureka Preaua Kureka Helly , H'da Marsh Mether I,ede , Nevada Hills . Nevada Wonder Hurcesa Tecopa Mining Volcano White Caps ... Wllbert .IN ,nn .3. ,0i .24 .no 14 nil .21 .11 .01 .an .02 .in ,tn ,a .02 .02 .02 .n2 .03 .07 .11) .03 .en .03 .IS .en ,n2 ,02 .80 .03 .na ,na -.u .04 .01 .03 .01 .23 .00 .(Ii .02 .Ut .04 .114 .07 .01 .01 .18 .04 1.01 .24 .OS ,S4 .0.1 .20 v 6 .23 .13 ,0t 2n ,r ,25 .48 .tin ,03 MONEY-LENDING RATES NKWiORK Meney en call, both lasse. pf collateral, opened today at 3 per cent for lending and renewing r PIIIlADKI.rniA Call. B per cent: time Municipal Bends Exempt from alt Federal Income Taxes msSBBBBBBBBs'' i Lancaster, Pa, 4M Scheel Bends 1942-1952 te yield about 4 - Waynesboro, Pa 4Vxf Water Bends. Serially 19272 te yield about 4.10 Woodbury, iV. J. 4W Sewtr and City Hall Bends Serially 1926-56 te yield about 4.30 N i? STROUD & COMPANY INCORPORATE!) 1429 Walnut Street, Philadelphia 120 Broadway, New Yerk A Reserve Your July Investments New We advise immediate selection and reservation of your July investments. The market for STRAUS First Mortgage bends was never mere active, and prompt action is advisable se that you may get Just the bends and matur ities you most desire. Our July offerings, netting 614 with STRAUS safety, are especially attractive. Write today and ask for BOOKLET 787-L S. W. STRAUS & CO. iiTAituncs 1882 erncts ik rimtif rsiitcirAL cities tscosreMTca STOCK EXCHANGE BUILDING, PHILA. Telephone, Sprue 5628 Forty Years without Less te Any Invester Copyright 1922, by S. W. Straus & Ce. THE OFFICERS AND DIRECTORS ANNOUNCE THE OPENING OF THE New and Large Addition te the Bank Building en Wednesday, June 14th, 1922. Yeu are cordially invited te ball and inspect our modern equipped Bank. Seuthwark National Bank 610-12-14 Seuth Second Street Phl.-de.ph.., P.. 2v2SURCE8 $11,000,000.00 MEMBER. FEDERAL RESERVE ESTABLISHED 1825 HIGH-GRADE BONDS Helman. Watsen & Rapp Land Till Rise. . PCNNA. TAX-FREE BONDS PAUL A CO. w urn n carry HsrsUal Ai . " t Hetbell Srea. & ftufaUr BtUtty rrurtttrt( tsrh Ixrirtutft irll&bta, f lr TfVnn. Rlstrlric & PeM? r,M Jim OA PrftHT0si ..V"" "Vmb i BOUGHT. SOU? "1 Prlvat Ittwssai ImMJHMj i FnenM te Ntw Ter ' hi ; i I ' &. , 'K ffiWVwf ' .Tj fc Mlj-Mk .n.'tyit-i-r:
Significant historical Pennsylvania newspapers