v
-ttjr"
r
oe
ANTON JURGENS'
United (Margarine) Works
25-Ycar Secured
Convertible 6 Bends
Due Jubj J, '"'
Redeemable after Jan. 1,1?
at J" nvrl interest
Sinking Fund estimated te
retire issue by maturity at
par and interest.
Sele funded debt of the Com
pany and subsidiaries is stated
te be this authorized issue of
bends -10,000.000 Guilders fol
lowed by Preferred Stock 6e
82,934,800 guilders Common
Stock 3,62;,000 guilders.
Dividends en Preferred paid
without interruption since
issue and Common dividends
have averaged 16 ' for the
past fifteen years, including
1921, when re dividends were
paid.
Convertible into Common
Stock each lanuary and July
te and mcbidmc 19V at 150.
Last issue Common made in
December. 39'9, at 252'2.
Price S905 flat per Bend
Te yield ever 6.60 te maturity
Defr!p,; ' e'- '- '" rrqvr'i
HARRISON. SMITH & CO.
INVESTMENT SECURITIES
121 SOUTH 5TH STREET
PHILADELPHIA
LOMBARD ' "C
Atlantic Refining Cemp-
Deb. 5i, 1937
(g 100 & Int te Yield 5
Autecar Company
lt Sinking Fund 7j, 1937
100 & Int. te Yield 7 ,
Philadelphia Sub. Gas &
Elec. Ce.
General Mortgage 6s, 1969
95 & Int te Yield 6 .
Ci
LAND T TLE 2 L. LDING
PHIL-DEL'51-' A P4
Mr-mber I'll 1 iiirli'hl i i"i klt'h incf
. Se Treasury
Certificates
-rctniTirs ncruminM
COMMERCIAL
TRUST COMPANY
Mirnber r.ilir.il Utsirie s,f,.m
City Hall Square West
S55iJ
We suggest
A New Yerk Hydro I
Electric Cerp. j
bend paying 7' .' '
that sells at 100
Free from Nermal Income
Tax. Penna. State Tax '
refunded
i
Net earnings ever 41'.
times the interest charges
VM
F.P.Ristine&Ce.
i.ts I'hll ldelntilu nnd
lurk MuiU I irlutiKu, li
I Widener Bldj., Philadelphia
IUU N. i WI. l-llni'M-tll. n. j.
General American Tank Car Equipmenti
Pennijrlvama lank L ne Equipments
Wehbach Company Ce'l Tr S'i 1930
j Connecticut Ry & Lighting 4 . 1951
Syracuse Light & Power CJI Ss 1951
innnirheld Ccnirl vvatfr All Issues
D New Jersey Gat Company 5s 940
1 1 SAMUEL K. PHILLIPS & CO.
ti Members I'htl nli-liilil i iuik I mIi inert
" 0T III MM I IUI I.I
lit
M
Before Investing
' cel
nnil
in hi" f
mi i
ntili. ' '
t n 'ii 'J curlt ea.
" ! '.'li lun
1 ' I n Inie.'
i n' ir t ei rmu,
'H ' - nil if erf
McGLIXN & CO.
.Vlcmbei-. . ) .'II iin,j,
Widener Hli).. I'hiladelphiu
"BETTER SERVICE"
j van xiiiu uti ii. in c eN-Kivnirvr1
dai i x. in at rvAxn r
JJVItu OC fllS VV l.J,L,
l
l.umrt I ri'iif lit HriiLei-M
4K-I70 lllll M I III II. DIM)
riui iiiciiiin.i
.ruble. I.'rhlur I nni li 17-18
1
A (H)IMi Miiniitu. Iiirlm; ( iiiiipiiii.i
ili'slrrs In .ell ;ili, mill tnir Milne nl
A'e l'refrrrril Murk, priict-ils In lie
u.rd tu piirtlui.c 111I1IIII111111I ma.
ililnery unit rijiilimiriit In lurreuan
prudvcllnn. Fer pHrlleulitr ttddrra
V ujh, i.nlKrr Oltlie
S I
my
f Sn
Spruce 8200 I
1 i
1 i3
I
u
. i ' i "
I MARKET CONTINllFn'nEW YORK STOCK EXCHANGE TRANSACTIONS TlAHTIVF BUYING OF
HIGHLY IRREGULAR
100
300
200
H0O
1000
2200
100
1300
100
100
4JO
400
100
18DO
330
500
100
200
300
2430
700
300
100
100
60J
4003
1800
100
2400
1700
200
1030
1003
100
103
3700
100
300
200
2200
200
703
200
300
1100
2800
300
1C00
6900
2500
103
J 00
TOO
200
200
4300
430
100
200
79D0
3100
100
100
400
200
200
2630
400
100
2800
100
6700
200
2' 00
1403
200
103
3500
400
600
200
500
203
103
100
8 30
103
300
1200
100
2200
800
130
7700
400
100
100
I 1 JO
1300
733
1100
100
200
3800
2930
500
100
1400
Easier Tendency of Meney Situ
ation Reflected in Lewer
English Bank Rate
New erU. .Tunc 1." Announcement
f tin- reilm tien in tin- I'.niik of I'm;
liiiil rate from I te 'lj per 'ent wn
tin- eutstnndiiig development in lltinnclnl
t ircle teil.ij While net entirely uti uti
epci'ted. it w.i m orthcle considered
"f high imperl'iiii In tlint it furnished
enriiii ins pienf of i lie sternly Improve Impreve
rn. tit in tli" iiit' i iinr tiiiI iiinictnry sit.
ii.iti"ti. Ir deiib'ful. however, uhcth
ir It ivrti'il ,tn mtlui'tii in spcnls of
i 'i ipl'ii 'Ik- i iiiirwi nf -fi-urif Millies
1'it 'je gti'.MU' pnit of the esnn the
j'lii'' i niifiiiiieil Im.-H.i ncnseil with
Iinit'iirs willuii 1 1 - I T" Plive move-
Milt wn iigiin hiulm l.rsnlnr. re. j
I'li't.nit the -lnttins epirutii'ii' of t he f
prnfes.nii,il il'tr.ent, I
Iti'iu 'en 1 1. mm lie nf heri i'entrni'1"
preilueeil a i," lie-illy lilsher e.ieninc.
I'll" pin 1 1 i.ili.'i sjwi n;itie com- i
intuition r"- inicl sttnii).' nnn metheil .
in lifting - ii nil of the recncniiil til- '
ni.eei"ihv i' i pei l.i'tn . with Stmle-
h.ikei' en. iinre lie 'emliiii; performer,
hut tin i. w.re ..ewr.i ntmi. in. luilltic I
Menaii l'i ti'ii'enin. tint: cne nrrelmii.'
'nn'. While the -ii.'.ieil i-..e r"
fimeil the li.MfiT p.irt "f 'lie e.irh gains (
ilnrlni; lh' tin.rnini; the RiMier.il innr
kit tiive ull fl" rHriiuirk nf heme full
.,f tieks 1'lnte were ei.tn .ni'tns signs '
f sellini: en tie nrt f tM.se who ti.r- j
ii slie.I the i i-'inl7 r s.j.p. n nn Mnn-
"lilj'" hreilK. l'.es,i'j iil, . siirfiK'e
I reef was mile.nllus ii i.unilir nf the.
p.ml WM'e ltkl'WI( reipl'-itlC tiirlf l.l.es
t" as great i x t nut its pns.iMe. hut were
it -eillnc with iliic wllr in an c- !
il' i'v ninimer.
In the meantime rer,il !" tilrdlv
"tils s,f, iM-eppul cut, n.itnhlv In tie
M.r. antlle arine issues, tl." pri'ferreil
hre.iking r.itlier sharply. 1'hK te n
luxe extent, a ititlueni'ed h the nn
i.iM.nhle i-miiini nts made at the nn
i.u.il meftins leiieertilng the outlook
f.M" tie shipping trade, offsetting n It
did the gnnd efle, ts of the pmnilspll
l'..sag,. of the Ship Siiliuly lull. At
'e ,iine time it supplied an additional
i 'isr itmii ..f the vnlnerahle position
'" the mark't ami t lit sensitiveness: nf
i'i. g"tnTil list In selling pressure,
i '.ill nn nn opened at III., per cent,
and trnm n'l repurt win in plentiful
s'ipp! Mi1! ,! meni.y again Inck'il
the -tlnuii.itine .ntlnenee it fnrnierl
lad (in tin .eiitrar, a the morning
pr..gn s...d, fhi ni'iin body of stocks
p. null s,,,i,il eTe, r of ih, weight of
li ilinc fn 'nih aciniint. hecetning
i.usi'tled tn Mini innin with all in-
'I a'i.iti et 'hi. se -., il!e( semndary re- I
.. n l.in ing si i in " I
Commodity Markets
GRAIN MARKET
Chicago, .June l.". The w'.eit mar-
I't opne'i lirtu at ' jc te "n" l.islicr.
ind 'arlj in the day ruled firm en nn
a.hanie nt l'.d te I'd m I.horpeol
rid a mere bullish i,eK of the crop
" llle" k Ther" wu l.ttle eidence of
. u . xperf lming, however As it wn
In r'l'd a le tin demand was needed
' i i-ih when', te iiiirnt.un nihnnce.
i i.n In wa dispe.ed f. he nnierv.i-
i m. e.pniull. ii limn was a gim.l
il of veiling nf ,1 il inntrai'ts, '1 he
. .s, p.isjtj.Mi wa-. net s(10n;
i 'urn starfi-d tuinly Mnady at 'se
i.'hi'f te i,i lower, and e.irlj in the
,i iiii"iii.i a sagging tet..,enej- im
In; In recent bujer
'
I'V. nlinnid Mi" tn r'.c higher an.i
I iini nn if. it" acri' e buying hv .'nni-
-.mi liuiisn, nn ri ports ,.f a better
.. i . I. ma:... i.ter..ay and fenr that
I. et weiithi i would inture the new
15800
400
3600
1700
1630
200
2903
433
100
203
00
100
233
303
103
203
tee
4200
1-30
200
103
7fl";J
210
200
SOO
I"
. i-ion
w ere ."r
MTe dull Olid neglected .
uglier.
I M
fil'i
IH
111',
1 d!
1 11
1 IP.
s.r
se
e;', ii." ,
.', f r-.s,
... u i..".
l l."'-'"l Ig
i i'.- n l i'
i:-. it v.
40
6(1 1,
I
COTTON MARKET
Stv erh, .luti" 1.' Trail, i sn.ij
." "i rat hi r frfily tins ineinmj; en
' alisince of ram in the hep and mi
iii- fere'ii-t of leutuuied ( leur
'.'t'nr t d.i. I'cepr for .Inly, wnnh
I "'ii d '' je nts l it;lir, tin market was
J ;.. 'i pn.nt- lower at the nan, w.'li
7400
8000
200
2 00
24400
1 30
103
:)
oe
03
100
:oe
POO
1 00
100
100
19j0
100
100
1 iOO
1200
11500
3
2riOJ
200
-00
'00
1800
1200
1030
200
100
400
1200
'JO
a. .-s're. ' an. I im i! eii&ps si I j me in
! . ' a
n.'Ws. Liverpool .il-,,, i,.,
i w firle.uis and Wall St. m
.. 1"I"
gilt I
.;
Inr the ii-t in toil
".'ii points i..wm
ti . v i- aben'
fl'MU
NEW YORK COFFEE MARKET
Sew Yei'U. .June 1.1 Trie n.ff. i f.
-rs millk't npf-e.l rr.i plnt loner
un iii. iii. of In" r"'.n' KreiM
ifet i 'inii'.i-sj'in la i-" iir.'ier t .111,
f i "iii'l sold S'epteml.ir
I'".e crirke' held -tend' ,li .1 i . i d-
as an 1 a point or mm i . . n.t h
1 'igur. - Il'iiiiMts that in IP .' i....
r'ni.i'i ' hil'l he. n sell, rig hi re pimei
'i have bee II wilhrei' '' 'il iM hi ,itii
r.ihi r- u-ual'v (arr ng ti.it count
i ' iitieterized the run'er- ,i, fiNe in t',.
ixneine. What few ces an! fre'ght
i if' I's ienel.nl this luiil'ker ini'j wire
nlieut iin hanged.
! . ' . . I'M.',!". Tl'
--r "ir"- I 'i ''.' ' ','! 'I'".
' . mU'- 'i '.iT'i ' T ( . Tl
4800
142 30
W0
100
i JO
100
3 2 JO
400
1230
400
1000
400
200
i"i00
100
1600
600
Baldwin Gets $500,000 Order
1
an
-ifr- . l i , s h ,vi
r !r fr
'I it Mar in u ! s,
I,
1 1 n m I
u u I at ,i eic I'll ' " h
H Mi . .'nj: i fr rn li. I. i
. iimii'i, h.t .. ut t lu n
r I r, . n ' l.e. hi ! ' ;
1 1 'is M '.uri I M'. ., r r t ii
.Hi' v irh ID rer i r.
"l-r I i
IJ i 'lull'
Ul."l.."i
f 'I ' I M
fca-H
r
San Franciseo te Cut Discount Rate
Wushlnetini
a r - ih iv.iirf. p.
r . i i ,h imk
I . f .,.. i,j
s.
l. !
LJ ' l
r A
.. I
' li
'li-
I .
11 m I I "j 1 r. r tiiitiiil
i.t
1 1
, i .V
! 1
Extra by Ohie Fuel Supply Ce.
ritlsiiiiruli, iui- 1. -1 lip "li' 1 l"u.i "a
pi. II I.
I
I . I. I
1 t
n I. n i
.1 1 I'I' 1 1
M 1.
.i.iari r
. n rn
la .
IIi'Ikiiiii
Bank of England Statement
ilble-
I Ml. lis,
I 1.177.
I -l.s.'i,
' 171(1,
1 .1 nil.
I'll llllll.
f ir- Hi
Ills' '1 ' s
,ii. r- ti 1
. 1 . .1 - .1 .'
..'h '
peiiilH 'I' '
1 I , - I hi- 1 . Ulv -In", nvr l
I Cutfliiml iih'eis th.' f . iu
. p.i'iri U no 1 1 tu I iiiii ti
is .I -.til (100 1 li nl .ti. n .li.
Millien, bullion .1-1 r is. 1 an in
n'le-. ineieillHil ,'l.Ti .IHJ 'ri'T I.
.iie.l 1.1,7(101.0 PU..I ileum. 's
.' KKI 0C0 11 eri! 111. ihhu'I
Kiiternment 'In dec 1
.i.s ii."
The
fund
nt Ts
insirii".-'.
ns lien
'I I
iefj
3,0'
0(10 The properflcn of Hie Imiih
lescrvi te liaiJliity ip .".;" " '' i'r
cnti 1
..Ml. .'. I
at week It was 11 01 per emu,
EVENING PUBLIC LEDGER-IHILADELPHIA, THURSDAY, JUNE 15, 1922
D.v
in I PTiVK llluh
Adam r.xpress ... G3'.
. Advnnrp Humely.. 18'i
3 A'hnncc Jtumely pt "10
Max Uubher 15'i
Alaska Juneau O M 1 '4
1 an
p ?.r
Lew
C3'i
17H
48
1SV
H'2
67'
48
39 i
67 U
69
42 Vs
44
59 U
45 S
159?
20 b
5G'j
13?i
68
40
12 H
33 H
55
111
6
19'i
ri9'B
97 J
36
77
105
36'
I22H
139
33 Ti
88 3i
30
17
43 li
51
52 J,
98 '
91 4
3 9
3
35 '4
26
27IJ
110'n
46 H
60' 2
56 34
35' i
31
1'a
73 4
73
31 Sj
1 06 '2
24'a
21' I
112M
48' 2
131
43
7'i
27'4
24
12'
591 ,
96
lh
137'.
7'.'
36 34
70
J
fc4
10':
18
30
5' 'j
Ea
20 "-b
25
41
74 M
40 H
9J'4
20
28'-i
55
61 i
30 'a
45 '2
62 34
85
4H
17'
64 H
32 '4
11634
11 34
65
75 'j
1013,
47 5
97
673
c3
15S
34
45'j
213
123
29 ,
HI
82 'e
72 "j
4i
22 '
2
11 1 l4
14
21 34
17
20'
77'j
48 '4
114',
I6M
223,
59'j
75
165
'3'i
1
16 '4
40
88
?9
17
76 S
38 34
3I'?
12',
36'i
c9'j
M4
21 34
75
19',
22'"
22 "a
10ka
'a
4',
")'
59 'a
I ';
3H
30 'j
10'a
j2
23 "
21
19
72"
I6'B
79
47 (a
85
151.1
30'j
1
18'.,
41
24 3
57 'a
4 1,
40 'a
;6'2
97
C3' 1
17 3 -411
-15
Hi
-
41
67 14 -,-69
-422-44
-59
U -45H-
1 59 -r
26 Vi
SG'i
13?i
68 -
42 -12'2
1
33s ,
55 -
111 I
64
19U -59ia
-97
-H -36
-77
-
105 -36U-
122-
139 -33J4
4.
1 88 -li -
30 -17
-
43 Vz -51
-52J.
-98
'4
91 H-
3
3 -3534
-
26 -29
-Ill's
46 18 -60-1
57 t-354-
31 -1
'a-
4734 -
7?SH
3Hi-
1 06 3,4 -i
24' '9 -21'i-!-
112-2 -1-
Allied Chem & Dye 69
AlMs-ChVinirrs
48
Am Acrle Chem
41
Am AkHe Chem pf 67 U
Am Hank N'ete 69
Am Unsch Musmcte ''3
Am Meet Sugar.... 44 t
Am U Shoe K'l new 59 '
Am Can 47
12 Am Car & Fdv 160
Am Cotten Oil .... 2634
.. Am Cotten Oil pf. . ZG'i
Am Huh. & Leather 14
Am Hide ,i Leath pf 68
Am internet Cerp.. 44
' Am I,a Trance L'nK 12 'i
Am Linseed 3r
Am l,lnccd pf 5")
6 Am locomotive. . Ill
Am .s'nfetv lUzer. . . 7
Am Ship & Cem . . 21
Am Smelt 60 '
" Am Sine It nf 07'
3 Am Steel remulrles 36 3
Am StlBar lief 78'
" Am Siifiar Hi.f pf.. 105-H
Am Sumat-a 37
Am Tel ft Tel 121
2 Am Tobacco 1 30
: Am Watrwks 6 pt 33 'i
' Am Woolen 89 3
Am Writ Taper pf 30
Am Zinc l.rj ft Smelt 17
Am Zinc I,d ft S pf 43 'j
Anaconda Copper . . 52
4 Akie Dry Goods I3'n
fi A ten Tep & San Fe 99 '.
f Atch Tep ft S r pf 91 H
. Allan Itlr ft Atlantic 4
Atlantic Fruit 3'
. All Chilr & W I S S 38
Atl C, ft W I S S pf 26' p
Autin Nichols 293a
Hn'dw In Locomotive 1 12 M
. . lialtlmere ft Ohie
4 Haiti ft Ohie pf . .
. Harnett Leather.
. . Harnsdall Class A
. . Iinrneclall cl.if s V
. Kntepil.is Mining.
C Heth bteel 1)
.. Heeth Fisheries..
47',
60 'j
57
35'j
31
1 '
75'i
s
. Hi it l.'m Steel 2d pf 31 'i
1 HrneMyn Ldlsen.. 1063a
.. HlU.Mi Itapld Transit 25 34
. ttkh-n H T ctfs of dh 22
k HkiMi L'nlen Gas. . 1 1 2 ' z
Hrew'n Shee 48'i
in H irns Hre'i A 131 3
2 Hums Hros H 43 34
.. Hutte Cep ft Zinc. 7'
.. Hutte ft Sup Cep.. 2834
. . Hutt.rclt Ce 25
.. Cadde Cen O ft Tl.. 12'
. ('a'lferu'.i, petrel... 62 'a
7 California Tet pf . . 96
C.il y. in- ft Lead U '
10 Canadian Pacific. .. 137 '
. .ise J I Tlew 'm
.. ( nntral leather.... 37'
. . Ci ntral leather pf. 71
. Cfrro-de-Pasce .... 36 J4
6 Cbandlei Meters... 74'4
4 Ctusapiake ft Ohie. 64M
.. Ch'cnse ft Alten. .. . 10a4
. LTiicage Alten pf 18
.. Chi ft n III (new).. 36
. ci.l ft L III (new) pi 52
.. Chicago ft Or West 8
.. Chi ft (j i West pf 20 H
.. (.hi Mil ft St P 26
. C'u Mil ft St P pf. . 41
6 (hi ft Nei thwestcrn 74';
.. Chi P. I ft Pac 41
7 Chi H I ft Pac 7, pt 93 ' 4
.. Chile Copper 20H
.. Chlne Copper 29 !j
. . Cluett-IVabedy .... 55
4 Ceca Cela 65 J8
.. Cole rul ft Iren... 304
3 Ce! ft Seuthtrn. .. . 45'i
1 Colerado ft Se 1st pt 62
6 Celum lias ft Lice.. 86'j
.. Celum Graphopheno 44
.. Cel Giaphophene Pf 174
6 Ccmput Tab Itec... 66'fl
.. Consel Cigar 32'4
.. Consel I".s Ins a
7 Consolidated Ga9..118ai
.. Consel Textiles 1 2
Ceritln- n' il Can.... 65
f; Ce-.t Ins'iranc..-. ... 75 'i
48 Vz
131
43
7 la
27!
24
- 1
- 1
12'a
60 -96
8H-137'e-r
734 -37
-703-36
34
72' -
64 -10!i-18
-36
51 'i -8&a-20&8
25 -41
741i-i
U -20
-281
-55
63 V -30!a-45'i
62 3 f
85 -4a
-17'4
i
64i -32
'4 -i-H
1163 -
11 34 -
65 -752
-;
101 3e -47
H -97
68'4 -24
-15H-
34 -45!i-213
123 -29
34 a.
4 Cern Preilui t Ref.l0?"
si-
Cosden ft Ce 49 i
i' sditi ,. I'n pf 97 1.
Cruel 1" Ptrel 70a4
. Cuhan Am Sugar.. 24 M
. Cuba Cane Sugar.. 16's
. CuIm Cane Sugar pt 34 14
. Iaslt.en Chemical . 49 3i
Pbe. rs C Mln Ltd 21 4
C Dil I.acl: ft West. . 123
1 Pome Minea 29 14
6 P 1 Punt (i: 1) Ce.. 134
li if. iti'ni', (II) pf 82' 11
5 TiFt!- .n Kodak new 73'a
3 I! Steragu Hat. . . 43
T.is Hern Ceal 22'j
'. 1 -d ."i't-.lohns'en . . 82
7 Lr.d cot". Jehnsen rf 1111
l.-i 15'e
. I.r 1st pf 23
. I'.r.. 2d nf 17
h urhanks 20 '4
R Fantu. Plaers L 60'4
f. he 1 M 11 ft Smelt pf 49
131
- 1
82'a-r
72
43
22 '-s
82 "
1 1 1 ' -
14;,
22 -
17 4.
20 U
78 -48',
-
H4'a ,
16 34
22 'J -59U
-75
165 -14
1'
TisIht Bedy 1 14 ',
K ik. P.ubber 17
Fr.eperl Teas ... 24 '4
".en' I al Aiplin.lt. ... 61 ;8
rimieril Cigar 75
11. reral Tlectllc. . . . 165
(imfr.il Meters.... 14JB
Gen Met (Ub 6T... 81
Gllddm Ce 16',
Goedr.ch B F 40
Goedrl. h H F pf 88
Granbv Mining 29 ,
Grav S. r.Mis 17
Gr-iu Northern pf 77 M
Gre-ti Neith Oie bill 391,
Gr'tn.- Can Cep;.-: , 31 M
Guantanamo Sugar 12'j
Gulf Met.lie ft N nr 36'2
Gulf State Ste. I 73 's
llabirliaw l-.tctrlc 1 s4
llendee Mfg 21 34
Housten Oil 77
Hupp Motorcar.... 20SS
Hurtf-n M ter (V 24
Pe Odd Iej'h .. ?2'B
llMllrtUP St. . I 11'j
llllneiH 'ts
Indiaherr.a R ! 4,
Indian lb n-u-ig ... 9 '
In"piratien c.,n Cep. 40",
Inter Cen C .rp. ... I '
Inter Cen ' e per pf 3 4
lnl'-r T. 'I i ... 30 M
Inter Agr i.ture . 10 ?a
Internal ( merit... 33
Intftrnat 1 '(.ii ling . 24 '
Ir.l Gnat .Nerm l 23
Int Mm M ir 1.1 . . . 20 ' i
Int Mer Marum pf 77a4
InKMi.illen I Nn'lt" 1 1 7
Int. mat le' . 70
Inti run'. .a 1 rap .- 48 'i
Internal Tar r pf 85
l.TAlm ib. 1 1 Mi Cerp T5Ta
Iren PiedULis 32
island oil I
Jew el Tea 184
.leii'-f Hros Tea. . . 43
Kan C'ty Seutinrin 24'4
K'an C tv Sj nf 57 's
Kans'iB ft Gulf . 4 3,
Kaysnr Ce new.... 40 '3
Kidly-.-'pg T re . . 47 'j
Kelie., Wher 01
. .
.
n
s
.
e
..
..
:
..
.
7
-I
..
..
..
. .
.
1
.
.
. .
..
..
..
..
. .
5 '-j
1
..
81
- 1
16'
40
88 -
29 U
17
77' 4 '
38 34
31 j
1? 'a 1
36'j -71
34
2 Hi
75 -19'
-221a
22',
I0H -H
4' -
9Ji -40
l'i i
34
30 (-2 :
103B
33
23 3, !
2J
19
74 -
1ei8 -
79 -
17 'a -
85
I5"s -
JO'-j
I
IB' -41
24?4
57',
n,
40",
46',
17
FOREIGN EXCHANGE
diiin fund in New Yerk wn iiiicluiiw
nt 7s pr r ci n t
The Ci ntral Kiirepeini ex I nni;'
wert dull nnd sieiidy t"da . .1- i"l
low. Ilul','iiri.'iii .7.". Kuiii iinu
New urU, .linif I- Tin' mnrket
fet f.ifi'isn 1 vchunge fiiiened dull, u rh
oiiei'iiiieiis I'lifihiiiil te about half
11 de''n of th" luidei-s Sterlitu; showed
il E"in of 's. fr.llies wcie up P.., Ib'l-
1 Ellin nneliani:"l, Ine up 'J'..., peetns
1 down '', ninth- and uuilder down ;,s.
1 ( ltl.erle (iietnll'iiis w(ir nominal.
tl Stirling '.lb''' were 1 I7's. deiillltld
" . I 17 ' , ; fi Hi"' ' nbles s s;,, ehei kh s s ;
bli' ... Neihlnii
li'P... .lllKfi-SJllxilltl .."". lil'ck I "II
I'elish (i-'l.'i. Finnish '-'17, Au-ttuu
'iii.-j'I and II1111K111I.111 ii'1,.
ll.nlWtl'
W H 1 I.' 'SIM!
MiTlIn I'liin
1 17 70'
I I7't h si,
I) ma't'l
r,i.l..s
ciihbs s ; 1 hecks S '.'7 : lire
.', (Hi. 1 lurks ,' II.' .1 ; Swiss cubic
1U) V lll'l.
1 lei 1 Mill.", pesein euble
ehi'jls 1."i7."i, Hiuilsh cables
cheek l'i sO ; Niirwnv 1 iihle
clieeks 17 I.", Swedish riilili
checks ''." S.'i . guilder 1 able
Sierlinu"
. mind 4 I7'
u' 1 17 '.
BANK CLEARINGS
Ilnnk clearlnKn leilny intnr.ireil with r .r
"aiemjlnK d.iy laat two eura.
KCJ I0S1 1020
li'jsletl 178,000,000 I1'J llllll. 027 170 I.'l(l,fls7
v v: s 10.000 oho 1 oni.4nii,eno kea,4.iri i.i
II11U . 71.000 000 7 713,800 103,730,1(1,1
ruerhs its .si ; iiiniK ,,i'S
premiiilii 011 the New Yerk
In Montreal tndny was uiielmiiced
per cent. The discount oil l 'una-
niv
in t ST'ii'K Hush
. Kennecett Copper.. 34 J&
.. Kcj stone T ft H. . . . 17H
.. Lackawanna Steel.. 7214
.. l.nlie lirle ft West 3614
2 Lee Itubber 30!'a
3H Lehigh Valley 64 IJ
7 Lima locomotive. . 1 13
.. Leew's tic 15
1 Left Candy 131a
Mack Truck 55
7 Muck Truck 1st pf 8714
.75 Mdht're new 17a
Mnlllnsen Ce 2514
7 Mnnlint F.lev Guar 49 J,
4 Manhattan 1:1 Supp 50 ',4
2 Manhat Shirt 38'
C Mar St Itv pr pf. . 59'
Mnrland Oil 43 H
Martin Parry 3? "2
Math Alkali -10 Ji
Mar Moter Cla" A 70
Max Moter Class H 25
ChRe.
Snlr,
3000
1800
100
100
200
1200
500
400
Lew
33
16
7214
3G 14
30
63 U
1 1 1 !i
15
1234
52
8714
16'
23 li
49
5014
381
59
42
31 'a
3814
68
23 1'a
114
133J5
29
13 3-i
32 3,
IHi
II
17
24
21 H
53
21 3i
27
16H
12014
491,
93 V
5m
1GJS
65 li
89
75 Ta
40
65
PR
25
21
106
62
4311
75'i
32 14
10 "2
3'i
1B'2
1341
13
36 'i
814
70 H
16TJ
58 TS
66 la
CO '4
9'
13
41 H
101b
82 ,
23"
30 'a
77'
38
52
19'',
40
8 3B
49
43
62 1 ',
36 '4
221a
78'
109
76'a
98 '4
39'2
1 19 li
481
"4
31
25 li,
1GM
71 'a
52
e.. a
70
31 '4
68 3a
US
48',
4S34
58 ?n
46
26 3
48
?6 5,
4514
5
3'i
7
lOfa
75
I2!2
41 3
33'
42'
83
?2 34
533i
2014
90'i
1C6S
182
11b!
49 3t
43'
47.,
121 h
116
7 l'i
8
3a
11 '
46
27 3
6?a
21
791
105'i
52
50'i
15
39 '4
21
136'a
99
i61
74 "a
140
28
63 3.
32 '
8 34
'3JJ
51 S
t6 ',4
59
41
97 '4
119
64 Ja
44
31 H
68
12'4
11
30
1121J
H'
1'JJa
61
59 Ta
13 3
26 '
2614
50
91
18
814
42
51 3,
Hi
"
1'2
Vi
1
I'i
1
i
1"a
2'4
1.
500
3300
100
2700
4400
1000
tee
100
400
4000
800
1800
2200
12700
400
1160O
800
IS
May Hem Stores.. 114'4
12 .Mexican Petroleum 1 37 '
2 Miami Copper 2914
20 Middle States Cerp 14'
Mldvale steel 34
Mln ft 3t LeuH ... 11 'i
Me K.n ft T. xan . 1 1
Me Knn ft Tex (ffll 171J
Me Kan ft T Od nw 24
Missouri Pacific . 21 'i
Me Paclllc pf 53 34
.. Montgetnerv Ward 21 -?i
-. Mulllrm Hedv 27
.. National Acme.... 16 5,
7 Nnt Hlsctnt pf . . 120'i
Nnt i:n ft Stamp... 49 H
6 National Lead 94
. Nat H IS of M 5d pf 63
Nev Cen Cnppei . . . . 17Va
fi N O T- ft Mex ... C5'i
fi N V Centril ... 90'2
17001 !
5000 ,
200
100
1800
200
100
1200
100
100
100
100
100 ,
690
6500 .
500 .
100
1500
100
200 "i
200
6600 .
200
100
100
800
100
1400
100 .
100
300 .
200 .
Ta
la
3.4
3
3,
14
Hi
1'4
1
'
'"8
1 '
N V C ft pt L . . . 75 'i
New Yerk leik. . . 40
New Yerk p. , I, pf 65
New Yerk N II ft II 2D3.,
New Yeik ent ft W 25
V Y Sl.lpbuildii g . 21
Norfolk ft Wi stem 106
North American. . 63
North Ann r pf . .. 43 '
Northern Tai.ne 70'. j
Neva Scot 1 1 ft c 32'4
Ohie Heih ft Hlewer 10',2
Okla Pred ft II" f . . 33n
Orpheiim C.rcuit... 18H
Oils i:i.- nor 134'
Otis Steel 13
Owens Het M.ich.. 363i
Taclfle pev, 1 Cerp. 8 '2
Tac C,n.- ft Lue 70 '2
Pacific Mall 1G
I'acllle Oil 61 'j
Tan Amer Parel.. 60
Pan Am.'r H 61 'i
Panhandle U'
Parish ft H nehitn.. 1
I'ennsyhan'a I! rt. 41 'J
Penn Scaheird Steel 1 0 ' s
I'eeples Ga Chicago P? sa
T'eerla ft 1 'astern.. 24
Pere Marqurtte .. 30',
Pere Maui t" pf . 77 '4
Phlladi'lplui Ce 38
Phillips Tet 53 'i
Plcrce-Arrew Moter 20 5a
Plcrcc-Arrew Mei pf 40
1'leree Oil t"4
Pierce O'l nf ... TO
Plirgly Wlcglv Ster 43 ' ,
Pitts Ceil 02 4
Pitts ft W Va 37 '4
Pend Cre. 1 i'mI... 23
Pestum Ceri il .... 70 3e
Testlim ( eieal pf. . 109
Pressed sit,., 1 c,ir 76 1 a
Trf sed "ti . I (ir pf 98'2
Treiluerr ft H f.. 42 Vi
Pullman Ce 110',
Punta A'. ! Sugar 48'
Puntn Si4 ir Us ., 1 '2
Pure Oil 31 'i
Hand Mln.'H 25 'a
Hav Cen Cepi'er... 16,'a
Heading 73
Helding 2d pf 52
JS. nvngteri Tvnew., 32 '3
lb in Tnji. w 1st pf . 70
T. plngle Steel 33 ' ,
IS- puh Iren ft Steel. 70' ,
Hcpul.lH Meters.... 11M
Ilejnelds s.piings... 49 34
IteyneliN Teb 11.... 4'5 34
lte.il Piiti-h N Y.. C034
Hutland pr 46
St Leus "m Fran. ?7
St Leu'- S Fun pt 48
St Leui S Midmost 27I4
St 1. Southwest pt. 45 'J
San etc Sugar '.
S.iN"n Mo'er 4 '4
S ..il .ard Air Liny. . 7
Seal. Air Line pf... 10'i
Seat s-ISei 'nick .... 7r2
S.MHMi ( mirier. ... 13
StR-ll Ti . spurt 41 3,
S11 . In- "1 . 34 34
S'ess-Sh Hi. Id 42' 2
Seuth' in Tu-lflc E8'!,
Seuth, rn Ha I ?3'a
Seutheiii Hull pf.. 54
Spleer Mfg Ce ?1 U
Spi. r Mf . i'e pf . . 90'2
Stan.' 1 1. 1 "'! of Call 09 J8
Stand ird nil of N .1187
Stan! (,l of N .1 pf115'4
Sn 1 1 1 k Ti.nl Itli. . 49,
St. mt 1 U.111.' r Spil 43' j
Stien.' il' I'irb.... 493
Stu 1. 1. Kir 125 'a
.Ml.. If I ll'f I if 116
2JB
114
13
'a
1H
38
'4
3
'a
100
100
300
403
300
200
20300
1900
700
200
100
1300
2100
203
1500
1100
100
100
3200
1030
100
4500
300
00
" 300
700
1.
l'i
l'a
!i
2
2100
1500
1''.
300
100
100
4300
100
tioe
100
1100
1003
900
41
1200
100
100 .
100 .
1700 .
2400 .
800 .
700 .
300
55005.5
100 .
500 .
103 .
400 .
100 .
303 .
603 .
100 .
100 .
800 .
2600 .
2008S'
27500
100 .
1200
2300 .
700 .
1200 .
100
310J
1600
la
1'i
1'
1 3
'a
H
3
3'i
1;
4
r.
1
51.
600
800
103
930
66700
100
2300
500
200
203
13200
700
100
5100
400
700
100
200
400
25500
100
2033
100
200
100
700
200
200
1600
100
6200
200
1400
200
4203
100
12830
200
100
3200
200
100
1400
200
200
10
300
200
200
500
4103
500
933
103
101J
1300
500
100
100
2 'a
SiiIj
l.e
Ce 1 p
m Cerp. . .
0 of Amur
1 ft chem. .
7'i
8 ',4
3H
1114
8U
47
27 34
21)3
1'
2
1
1
Sup"i .
S'Ml. IS
'!'. ii". 1
T. x 1 s 1
T x.'s ' ' !f ft Sulpll
T-x.u- ft Tic lie
'I'. xa .'. Tac (J ft O
Th id AM
T. b 1 ' Preilucta. .
21 H
79 ,
1 05 12
52
50 3;
Teli.n e Tred pf. . .
Tei ,s- 1. ft " ctfs H
T
-t I.
W pf itsH.
i
'2
',i
1
3'
T-T-
.
Tr.
I ..
' n
I n
Tn"
1' 1 ' 11t.1l Oil
Wu. Slts'l
1bl2
39 !4
22'4
l'i
.ii' no i8
.v f ar 99
Siuul.. 36 '
J 75';
.it . .. .140
1! 1
1'a
1
4
Tu 1
1 int
Ft. "i
I IS
I .1
T
' It est pt 28'4
. t 1. 1 Stores 6J7a
!" ft Fdy.. 32 la
I Tieducta. 9 34
T
Ifi an Mach
I A! ohel. .
"'. ft Imp.
23',
52 H
67
61 'i
41
99',
119
C4J,
46 3
s, I
1
1
i
'rn r
1 it 1 n.it.
. 1
1 nf
1 p-r
.in Cmp . . .
s
1
Tt 1 1
111. 1
V.-i
ll-
Vl l.
W.'a
.11 .
.
Wi '.
I
V. se
' 'teun i.al
1 ', in, uti
. Inc. .
32
68
12 'a
Pt
12
30
112'i
11'
20
61
60
1 4 ?4
26 'a
26 34
50
9'
IB
SH
42
51 38
.f A
I .... pf . .
M .rvland.
im I Jd pt.
Ticllb: pf
I
1
"4
U. 1
W).
'.
W Ii
WI
w
U 1
ting I. ft M.
I.i u ft I. i:
' III li iv I. I:
1 I igv Oil
rt
'1 Moter
'" "I I'mrj . .
'a
'a
1 'a
I ',
1
! nc M Cerp
VlI s
W'N' n
1 .
'land
Ce
I Wenti T imp ft M.
Kx-dlMjiinl
Net
LIVESTOCK QUOTATIONS
1'itlslniri.li, Jun" 1'
1 I nI ll!H
. ' I I'Kl I ).lll(H .
'
HIM" S'I I AMIIS-
siiip ?7. luniln
n I l.- l'.i...i,.!N iMi
1 111. ('.echo-Shu iki
11
l..lsl 111,11 ille, N, .Innr. if, I'ATTI.K
I'' J"" lll.l.i. .SIOl.l I'HlVlR, pi.
11- ."in h'.'i.l I iris cinm lower, 1.1
II.m.s" It.ieniK HOil ..i, sternly te
l.ul.. 1 I ..ivy iiiu.il jerkim, llpht
,'"',' ",-";" '""' " "' lOUKha. '"J.75,
"Vl:lL', VNI,' ' IMI'S -Hpclprs. i2(ie
11I Slew, ipinlia. Si lewrr l.ai Mia
s " III welhcTM III ,10 ti 7 i'J ainiia,
12 1 il A I I
-
1 l.ll. Hi I.
, 1 : :i
1 ll'lV, ,1-
MN"i
yriiTAI I'is'.s
rrii.
h si
S HI
l.lr.' i,u
.'. 01'i i
6 W
Angle-Amer. Oil Increases Dividend
Uiiulnn, Junn Angle American Oil
('emnany has ileclare.1 11 n,m .iMueJ,,! or
2 a Hhare, fro ut llr tlih Income lax
Th" a anncreuaa Qr , evr January
Piiyilienv 11'ui.en 11 miu
1-3(1 Net I
r r chgi. ,
AMER
RAIL
WAYS
33 3', -16b-7214
3614
14 -1
1 114 -15
-123,-S23i-87
',2 O
49
50 li
30 U
59 -4214-
31
4014
114 -
134'2 -
29 -
134 -
32 -1
1 14
!t
Ha
'4
'i
3
Ha
3
14
'
Hi
" i '
Little Variation in General
but Tene Continued
Very Streng
Continued iirtive trnditiK In the
Ainerlciin ItnllMi coininen sleck.
rnlsiiiR tlie Meck te n new lilgli for tiic
year nt 17 nnd n further elevation of
the preferred te 2', wni the Mc Inr
development of the local mnrket. hlle
efllclnl news ii liickltiR. the lnevemeiii
In both Issues- after such n lone period
of inactivity I certain te leflect deicl deicl
epinent.M of mere than ordinary iinpor iinper
Iniice. There Is pcrs-iitent talk of early
resumption of illxlilrmN mi the pre
ferred stock, hut im one directly or In
directly iiflillnted with the miiiiiiKcnient
show liny wilIliiKiiet te discuss the
inntter,
Whlle the trading wa net nf large
veltiinc it was well distributed, fiivilig
'4
V
Va
114
1"a
3i
'4
V
3
18
11
17
- 'a
1
24
2' !
ff53 -
the general 11"! a broadening aspect,
I which wns further helped by the In
1 crnslng number of dealings' in the so se
j enllcd New Yetk stocks. Price vnrln
1 tien.i im in the preceding sr.lnns were
I cenlined within nnrrnw limits. The
1 lniijnrlty of the leinl shares, however.
I dlsplnjcd a strong tone. Ainerlcnn
21 3i
27
-
16H -12014
49 34
93 '
5Ta
17'8 .
6514
89 14 -75Ts
I'
40 -
Stere, iidiaiiclng 111 T'i"i. was eipiai
te the high record. 1. 11. T. recovered
.M'slei'daj's btukset and l". (i. I. he'd
firm despite some disappointment ever
Ihe dividend action.
1
l'i
l'i
66
28
25
21
106
62
'i
Philadelphia Stocks
14
!-
1 1.1
V M
17 M
TJ41;
HlKll
HHAllis-Chal 17m
1IKI Am Strs..ll:i.
43 'b )
1014
3 3,
1 8 'i !
134'
13 36V4
0!i
7014 16Ja
5914 -661b-60'4-
91
13
41 14 -10Ta
-82
H b
23' ?
30 14 -77
H
38
52 -1914
-
40 -r
8H
49 -
43 -62'
-36'i-
?23B-f
7814
109 !
76''a -98'i
-40
1 -
1191
48U
1'2-
31 -25
'a '
16a 71 Jb -52
32 7D -70
-'1
'i -68
'a -11
, -48'
-
45 3,
58 S -
46 1
26 3
48 ;
26 S
45'2 i
5
4 -7
:
'O.'a -75
'a -12'i-f
41 34
33 M
42'2 I
88 -2-i34
54 -"
20 -H
90 '2 -
107 -1f
1 -115',
49 3
43'2 !
47 3
'21 ' -116
"
7'4 I-
8'4
3a
11 U
47' 46 -273,
-263
-21S
-i
79', s
105 '4 t
52 503, .
15',
39M -
I
'36', -90
36 '4 -74
'e
150 !
28
03 7J !
32 '.a "
83i h
23 '8 r
52 -6614-
59 5a -
11
97 S -
119
64 ;j !
44 34 -31
-68
-
12 35 I
12 10
11214
I
61 I
591, -
13?8 -2e'a
26 (
50
91
18 -8H-1
42
513, T
I77s
lLM
Jl
Kill Am S & (' l'i
111(10 Am liwis 17
Uliii de pief (i'j
10 Cam lien III
.'III. i:i"c Slur. -i:ti
lOlKnSllcett-
.loiinsen. S1:1
10 (leu Asph (IP...
."iiiilTtJen Mti-s. M",
KKI I Ce A. .'IS
".Otliit Taper '17'"
."(I Kev Tele. !l
'.'." I.efi Nnv. 71
1
1.".
(Il
10
Hi
M,
(!1
17
(i'Jlg
Ml
I.".
'2
y,
1
3B
1H
1V
1 1
(II
1-1-
:is .
I7:'s
!l ..
71
ii-;
..I 's
17s
!l
I
Hlt'.Mev lVt.l.'iljaj l.-.C'i, Kill",
.ill. Miihale..
L'lil l'-'iina K It
'J."i I'enna Salt
1" I'iilla I'e
cum pf..
i:t"
x
:s:i-s
4
H
'-
S
!4
ia
1
i
!s
2
Vi
41 ',
71
IP a
71
iPg
71
:!si..
JSa; . .
L'I)'..
.11-
a,
.".SL.
L'ST
L'iK'i
111",
li.?
."ili I'lnla I'lcc
'.'.III de pref. .
.'(ill I'hlln ItT
::i-n
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Liberty 3"2s Sell nt 100.30
New InrK, lune 1.1. .rty ,"i, r
ent benilj nn the atnik exrhanun Ihl mnin.
In am I il till 11 I iil In .1 i.ii . I
6r 13 mr -,nt
tiinw ie:6: v ""' ,"-"f-,
NEW ISSUE
Exempt from All Federal Income Taxet
Free of the Pennwylvania Pertenal Property Tax
Legal Investment for Trust Funds and Savings Banhs
Pennsylvania
t
$95,000
City of Duquesne, Penna.
4,z Scheel District Bends
List,
Dated .Inly 1, 1022
Ne Option
Coupon Donds In $1,000 denomination with privilege of registration
ns te principal only. Principal nnd semi-annual interest payable
January and July 1st at the First National Bank, Duquesne, pa,
FINANCIAL STATEMENT
Actual Value, Estimated $22,000,000
Assessed Value, 1922 17,051,070
Total Bended Debt .159,000
Population 1920 census 19,011
Present population (estimated)
MATURITIES
S.i.nnn due .Inly 1. 103.1
.v.iine lest
n.oeo ' " le.i.i
fi.den man
.l.nlie " ; " 1037
fi.oeo ' " man
A.one 1030
.1.000 1040
5,000 1041
n.oeo " " ie ri
Prices te Yield 4.125
I.tnahly in be npprenci by Maura Tevusrnil, Ulltell .f .ltnuen
Pillndrlpiln
Net
elige.
;s
- 'a
M
Graham. Parsons & Ce.
2H
Pj
435 Chestnut Street
Philadelphia
li
All statement In thin circular lime been ehlnitireil from source we r"S.in1 n. rl.
utile, nnil while wc ile net fcuarantee their nicurncy, we bclleie them te lie i urrcct.
waft. "
11' f"t BBih.iM
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TENNESSEE ELECTRIC POWER COMPANY
First and Refunding Mortgage 6 Bends
Due 19-17
Free of 2 Nermal Federal Income Tax
Pennsylvania Four Mills Tax Refunded
Net earnings reported ever twice annual fixed charges."
Application ulill be made te list bends en the
New Yerk Stock Exchange
PRICE 9G & INTEREST, TO YIELD ABOUT 6.30
BATTLES & CO.
listablialied 1S0Q
Independence Square (East), Philadelphia
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BROOKE, STOKES & CO.
DEALERS IN CONSERVATIVE. NON-SPECULATIVE
BONDS, GIVING THE HIGHEST RETURN COMPAT
IBLE WITH UNQUESTIONED SAFETY
110 Seuth Fifteenth Street
Philadelphia. Pa.
7:11 HtteviUh Street, N. V.
Wa.sliinuteti
mi' 'im in iv1 111 11 miii'i'i iiiwiii'iiii'iiii.i.i'iinii'hiii iinii mm i.i,1 "i',ti w "iiiii'iiiipinni'ui iiii:iiiii,iiiii!iiiiiiiiiiii nni ' " ;i
UNUSUAL
A 20-Year Nen-Callable Bend
Te yield nearly 6. Penna. State Tax Refunded
Secured by
appraised value.
ARTHUR PERRY & CO.
BOSTON
Investment Bends
Drexel Building, Philadelphia
New Yerk
ui.i:ii'iii.i'iiiiiii
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Investments
Notes
Baker, Yeung & Company
lOM.I'H H. sW.M.v, Jr , Maiucir
Land Title Bldg.
Bosten Philadelphia
' LI
i .
:i In
:i in
.1 :,
:i .in
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3 I.,
i mi
ml
it
lij
I 1
111 v ,
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.HJeiarH$ge.
BANKERS
1
.h.d 1
i'ih I
221 Chestnut St
PhlladclphU
te mi
Established 1837
Memberi Nevy Yerk and Philadelphia
Steclc Exchange
li.l'DH.
"
C. S. PATTON &'C07
31) A Clir.s'N('. TS
BANKERS
nii-,lL"ct.,l"'er
nAII.KK NTI'.VFN'dnv
Band mnl .i..l. .V" ..' 'I
nury.
-SWM!
"rK,!
' '
-3
n
Hue July 1. 1033-105,
21,000
S.1,000
n.oeo
.1,(100
n.oeo
.1,000
4,000
1,000
1,000
1 ,000
4,000
llllr ,lly I,
1013
mil
104.1
loin
1017
I0IX
10 l'i
l f i i ri
10.11
10.1 J
0
30 Pine Street
New Yerk
mnra!
Lembard 652
i "iiraawij,
102 St. Paul Street
Baltimore
a Firat Mortgage. Bended Debt only 25' r of
Net earnings six times bend interest.
Providence (j
ii1 'ii ' , itiurs
Service and Stability
Ample
Facilities
te meet our depositors'
needs in a l:;')kiii- wi.v.
arc among the puny
advantages we htue te
offer our clients.
We particularly .solicit
commercial accounts?.
Integrity
Trust Company
Fnurlh nnd Green Streets
Capital
Surplus & Profit . . .
. $500,000
.SI.8GO.000
Cumbcrtand County
Power & Light
Delaware, Lackawanna
& Western Ceal
Lehigh Valley
. Ceal Sales
Wm. C. O rtrfi & Ce
54 Will St.. N. Y. Tel. Il.never 9690-9697,