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sefiaK
. mi .
fiees net
mefit Us
Any
tinlcni xvc tithe mlvnnliiBc of
tlie nltuiitlen, If the country
becomes Immensely xvenlthv
and we de net save Heme of
the thrift Hint comes our
ivny.
We can ntnrx-c In the
nld.it of plenty, nml tile of
thlrsi within the sound of
the purllnc liroek
SIV AND THRIVE
WASTE AND SUFFER
We liave u .K.ivltiRM fund
nml would he Kind te hnve
you open en uveunt wi.h
us.
$
B'
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IS
$
It.
I
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We Are in the Center of Things S
OddemIc Bread .Street station HI i
S
Jl, '
Third
National Banlc
n
8ffiS!K&XtKKa3'.':KOLw f K if ilrSCAaJ
TRAVELERS
Our Foreign Department
issues Travelers Cheques for
use abroad and in America.
Wherever money is used they
are readily accepted.
COMMERCIAL
TRUST COMPANY
Member TcJefil Reerc SIm
City Hall Square
1
S
81
I Hlh
K te.-..".n
Si ' inn ,vi
W i mi. Til
r.j
jimnmiiinmis - rumnn
PUBLIC SERVICE COMPANY
of Northern Illinois S
First Lien Sgs, 1S62 B
EarniiiKs fur
veniber .il I'J. I
firets
S12.ti79.lC7
Annunl lr i. s
funtkil tlebt ii i
t'MlinK Le-
:
Net
Sl.:i9.-,292 g
n ii'KstntnlinK
.ilinir thi Issue,
S2.18.-)110
These liuinl- pi cede .l ndn i)iin
Preterrnl tuvl I'onimen n k,
both et whuli ari paMne dil
dcr.ds Price 921; te Yield Grc
Fairman & Company
Drexcl IiuililinK. Pliila.
IM.lbllsheil l')!i:
Correspondents
A. H. Bickmore & Ce.
Ill Broadway, New Yerk
B
Jehn B. Stetson Company
Common and Preferred Stock
BARNES & LOFLAND
147 5. 4th St., Phila.. Pn.
Tel. I. n in hard 4 1-7 i
Ksz
KEWBURGER,
HENDERSON & 10EB
Mevibas Netu Yerk and
Philadelphia Stock Exchanges
1512 Walnut St.
In Continuous Business
MOVER Cr CO.
BANICF.Iirt & BrOKKRS
301 Chestnut Street
Bwrsly Bres. 8c Ce.
Investment
Securities
1421 Chestnut St. Philadelphia
GEO. A. HUHN & SONS
alemhem nf the l'lillniltluliU. .Sew
katk and riilcncn Meck lUiliaases
Vei, I'erU t ntten Krtinni:e
STOCKS & BONDS
bought nnd cold for cash or
carried en conservative martin.
DeUsTtie Court Itliie., 14 Is Wluut ai.
N. Y . Ill ItrnndnsT
Hathaway, Stene, Wallace
fie Williams, Inc.
ENGINEERS
MANACERS
SPR uce 7857
1713 Sansom St.
TAX KKTim.NS AI'DITS BYSTKMS
I. Franklin Heward & Ce.
Certified Public Accountants
land ritle lililn..
FlilUdclpliU. I'n.
. Mnne- IIIJc,
tVasliliiEtun. I, c.
Safe Bends for Investment
Halsey, Stuart
& Ce. c.
TrtlaDldf. 'Itltpheni Leaut 7410
Metropolitan Edisen Gs, 1952
Parr Sheajs Power 5s, 1952
Fabian F. Levy
Drexel Building
Hell, l.emliiird 7010 K.'jMunc. M tin M173 I
Dlraet I'rlxile Telet'hene t New VnrK
iGNEMOCKEY&CQ
4'm m MMi A a. .
ruwic Acceununu
MullAim. Pwa.JAU.
-trrrz r-r -. rrr
;'. it.
1 -TrX n
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VAF
w l
.
llanise Since In(e of ta.iie
Dxlc
t.nvv Hull
May -.".', '
Juh (I, '
Julv 7. '
June 3d. '
July i, '
July 7, '
.Tune ".".'. '
H
hO.Oil June -.".' I
mi 14 July 11. 21
Mt.ne .Mny in, '.0
N.'l.sn May in. ,-JH
81.40 .May id. "JO
M .VI .'lav 4. "JO
no.ei .tuna I. 'SO
S4.II0 May 'Jl. "JO
Hl.nil .lull an. "je
SI 40 Mny 'JO.' 'JO
Mt.M) Mr 23. "JO
.;. re Hec i-ii "je
' II Mm 111, "I'd
v'lltl Jliiv JO. "JO
i'J 14 Mii je. '20
!U 70 May 'jn, '20
HI. lis May 21. '20
lim in
1(1 1. .Ml
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'! til
July il.
KID. 3H
101' (ill
July
11.
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il.
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ten in Julv
ion M ,1iil
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7 ier, 1 1004
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1014 let
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t
urirM N
102
1024
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(1
1 !ijt, 'i"i
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v.iS :. 1' 'i C Iv Ort Itnl
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1 sin, K C-leni TS ' m4
1 tin, ;, in.'i, 7's.i'p) lest,
I mii :j ie.-,i, U K lrt urn
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n "n i:ii' hi; i:p,k:iihi " 10,,Ni
in. t mi', a i"1
14 , VI in. '-' 10'''.
O CaiMita 2H 2 lei I' K 'irt lint
1 mi. KliK.lem Ken- M l"1'
1 "II , lenrit ct fls
P Cil.lil-l 2 1 'J 'isl.
100", 1 if ii i - ' ,
1 mm, a lisi,
1 lni)i, 1 lis',
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1 in'i
11 1.1
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ns:. K lti.lv O'vs V ItraJll s
10
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1
32 t 1 (ii;,
PS or Nether
'111, lands Os
(ISS 123 07',
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10J'.
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102 4
102',
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7
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l-.s., ei lit'. 23 07
1 irlitl ''4t, 12 P7
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7 PS Kt-iRdnm Ner-
3 Ii l', way rt s.
1 ... Ul II"
""'"'"' i"" ' ......... V Vv nil. I. li ' "i 0 !IS',
l)(lMIri' IUIND iniliistriiils ndvnnced 0.2i per cent es. ,A 'l' r, r,r,-, .. s Kwr s,
........ ... ,'i. .. 1. 1 n .. . 1.. . ... t 1 1 - .. 1.1 1 . , 1... ........ ....1 1 ' N s ... rt. w .
.it 1.UO' -s in'r uni" mvii'.ft n v, ... 1. ril.li 111 i 1-1 11. w ill ii i in1 i 1 11 i.i inn-' j; Te'e'e '41 ' ; " 1 . !"i '
2 1"4 2 l'"'-". I if,"a -idvamed 0.".t per eent te MV4.".. ' :. ' 103 14 'n , 1 "'s
Mi. 0 M .. a 2 Kiii - u a '-,'" -I'he llumbl' hl and Ueiinii.1: Coin- 2. mi4 .', '',,si 1 "'.
. ' , mm'.' 04 i ni. Peny nnneunceil that It had inlled fur 2 . ins St 1- s Fran 3 . no
VTiU?oe 1 k'e'. II pi.! re-hWll,... a. 100'j the S'-C'.OIIO.Oim, 2- JJ ;"". vnubi.
. T ABr I .V LJ L. V.' i - - . - -. ...-.. '- -...i-,"--. .....-,-- SL-I. II' I'l at s , I . I 11 !
i hm Ss 4 W Va 4s 2 P.C.
in ns J 7si, s 'i4 4
Am i Acr c i H'xn -'P T 4s j U 4 Q l! 4
Chm 74. 2 ST 1 ;-e
1 m3"s Barnitd'll l-err 1 ''14
i mi n , ciii n 4 cj r.s
1 ie 1 101 3 K'Oij
mt Battle frk 3s K'lsuei Km".
i in i 2 . no .1 K'0,
ma', Neth Steel fd C It 4 (3 n'js
". .- 4 ii .-,. a ..-.'. -" 107
'.24 II"''' stc-l is. :. 1"7
ij'4 :, :n 2 I "7
, , ,,j -, 'i ' j e t"7 i
ti lletll eel e,s 2 1074
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l-.f S OS " "-'-. ' S '
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2 l"l 4 ' l-".,, I si ,
j in is, "' !""i Chi Lrre let
:, lmiS flrttl n i "mi M m '"tl-.
101 t, Cemp i Os i hi j i 4s
2 I'l 4
i top,
i I'd'. 'i
1
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t
17
i nn v lilt n Kli i'e S fn.cien M.t
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Aril 14-1 "fit II Kdis'n "7s ' 7S'j
. 'if, 3 K'2 I .'I
I a, Tel r.s Kin I'.hp Trail i li. Jl" Mil 4
i .ij it 7s sta St I' 0 I
1 l,k., S -" , 1 '4
1 mi, Bur Cedar K rtil. ii'. Mil 4
i ..si. 4 Ner S3 S' V is '23
us 4
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A' r n W-iti.- Uu!l Hide SIP rv (l.js
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r'n. ui l,s ' '''4 '. ,!;'''
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7S4 it !' cv .s
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"" I . . -t'j j 11,-1 '4
9 T1..1 llriln ".u ft hsil. tl 1 r, ' I 1 -
I RADIO HALF AND HIS FRIENDS : : . -- - - - -7, ;
I 1 1 1 11 , 1 .,.. ,: : : Uy Jack Wilsen
-, pssBr1 HcrAVEMs!! -THERE'S Mf?S M VeO SEE. I AM CMAtRMMJ OF A Hm iSlI! Tl 7, BB ' "
-' w. ' I .r ! ' ssrul A 14 tic II 1c iLHIDItl flKfl mnf
H &A7UQX AT THE co(?.' LtT HEIPiM COMMITTEE OM RELElF FOB OME- B H -.. - DQ SUPl" LH
P.OI , m , u e,ii - . V THEr? AVTHlNGr SAOD6R WW ndEJ t,UW" B
mm WM.LEIUSH UP MY HMR! - ARMEO CHUWrl-Plwe PASSERS W g r EMPTY W 1 -AM EMPTY ) W
M s jJPj, S 1 fa ? xMAhJ? Li i Hat.' W-
saaal "T Li-. lNji-7 wt . r-7-v fc,WV V . ' UU I e. V''iJ3gi9; k 1-' S I fXU iv ' A i sM " '
t ' ' ' sstsD.z . ' i ! i sm i i i i itt njkcirvM7ri.Kt.kt i. .. d
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aiTlTimaTMiBTMaYsTss lililltlMMtl lUf riiiiisi g--t--- S--J --: -'- .k.iv-.-.. "'.:. -'i -r-fiiMaTsTaaaaaaaaamil - - . ":.-. I. . ...-a. .An.sKisK.-r.. ........ A . O.,
EVENING PUBLIC
NEW YORK BOND TRANSACTIONS.
LIIIKHTY HOXUS .1X1) VIUTOUV NOTKS
Kntik'x. !!.'
IMch leiw- Issue
IMIH4 1)4 K4 Liberty 3't -I. 10.VJ.47
loe '.'n HI.S2 Liberty il'-, s, reKlsterrd .. .
kiii.,111 115 70 Liberty 1st cv 4k. Ili.V.'-li. . . .
tin. "(I Hi. Ml l.'hertv 1st el 4 registered
Km 111 HVil'i Liberty 'J.1 4, tl'27-42
HI). n Its ail L tutv IM 4n rcs-lsti-rril
KU..VI UN 00 Liberty 1st lM cv 4' s Ki3'j-47..
leii.ltl ml 011 Lrv tstcbll li'.'04'J bllSI' efde
10ii.an n.VMI l.lbt rly tet cv 4l, s. reulstercd..
lOO'Jt 114 II Llb-rtx 2d cv 41m, IH'J7-42.. .
100 1(1 ti.X.iis l.'bertv 2.1 l l. r cerlstcred
KI0..10 nil 71 l.ili'rlv .id l, s lfrjs
U111.I1I Ml. 72 I. berly Rd 4.3. registered
inn Ml II' Ml Liberty 4lh I .' . 1113.1-31 .
inn 3il ,i.'!,;e Liberty 4tli 4ir reiilsterc.l
1ne 111 inn 02 X clerv4, . 1P22-23 ...
100 00 04 si Vlitery 4 s, roistered .
1 103, 2.V . tis'iillln Central M
Clf H 1 4'4li:rle Oenl I.IMi n.. , HH
IM 1. . M I 3 KS,
2 (1.1 I 1 . 4 III C'n 4i '.'.3
Columbia O Krle Hit cv A 2 .. . nl;
Blc tut 1 ... 3314 1 III" Ct'l Mil
10 nr.iii 1 .-.nij je . ipe
CMumbla O ilErli.. tl II rv nitll" dicel m
Wfein.t 10. na',1 .'. .. . ni'i
O.'.Vnrli; It II cv D Indl'n Sleet ',s
I nri , in . ft" 1 n . 1004
II f)SijFram'n InditBtilnt M ct 44a
Cem Cable Its Dev74swt ,1 114
I 734I 2 . .. OB tntb'e II T fd
C Tab It n, 2 . 3 ' I. (1S4
0 . nilij 2 . OS 1 20 OS
Cen it coal (Je 2 . p.M, llicr'l 4. Ureat
of Md fu iFruncifce .suit X'n aJ wl
4 SSi.! 7i wl 31',
i;l 2 1004, ''-'
3 SSt.l 11 10 1 I 11 314
r n d lla "s Gene'l X'.Wc it I . 32
jn . IIS', I Kll "' 32
1 I1(n, Gene'l I'.Ipp 1 i I M .Mnrln d
1 lit) I s . 10i1, 2 .. lulu,
7nf.ilei ll'i ,n I' (loeilrlthilr. ! I'ap t. s
it,
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I.
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n
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13
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list, Julius Knsri
110
3
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1
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ll'i',
11P4
ll'i',
1104
120
120 4
1201,
1204
(is is I 1. .. H3'.
lis'. 1 KIT,
lis. Iisn 1" d S :.s
lisn,! J sli",
DS'i, K C T Illy Is
I I Us 4 1 s.'l
2 US 4 Kelly Sprlntr'd
2 lis 1, I Tlii Ss
1
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(Inii(l)i-.ir T il .1 10S
tisulei 120 1 Iluli r Ml 1 10S
10
3
10
21
in
Culm
lim, 2 . 1014 t.ase Shere M
Ij'iii,' (i(enle) 1014 S'n 4s 'H
I'JOi.l Kfliitl 10f. 11 . HIV
20 4
" . . .... ... . ..
iiL'ii.uiiHp ,inere m 1
Kits,' S'n 4s '31 I
120 l'j
1201
120
04 GnmKiar T 3. 1 P.1
mu r 11 1. .Mjers 7s I
.. .... . .... I
,U7 . . 1 Ili I . . . Il.l'i I
Ss et.i d Or d Trunl; oferillaril C 3s,
s;i,' Can r,s rc(s 1 no i
1 S71, 1 . 103 t.n Vnsli 4s
D-l .1 llml ,-v 2 in.1 Pieale) (ijij
3 . H7', 1 . 103 Li . N W Is
.', H7', Oreni NVrih'n 3 72',
D llud 34 f.ly i4s Jlanatl Sugar
I Kll 2 tllM, Ce 74s
n.'n it ii f,i 2.. him, 2 ps
10 -,'. 7(s.iii.i nn 1, 1 . . nsia
Ket IMI 3s '31 4 llll'i M"tl I.lcv'il Is
I 1181. creut .North 1 1 . nu'i
ni.tn s-,,.,,,,
Uillua
M oil it T4
c.iri.
an
IK". U''4
lim.. 2 1134
lln i, M Oil wa d is
lim, 2 1 23
nni. Mi'i 1Mb.' 3s
4 3
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I'wdr 7 4s '
1 107
Dnh in .1
1
in
1104 1 n'1
1 flTU
1
ilnv.,M'i Irrlu t'js
riim l.li.h. n.' O'l Tails P .. 2. 4S
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7 in.t 1 lis 4 M" I'etr'm s
2's.Mei 103 ltelland-.ni n a 104
I in M. I.ln- H - ""
2 102 3 csir
1 m2t, S ssi,
K2. Hud .v M in M
2(-n'l 101',
2(i'i'l KII4
2(sa'n) Ki4fts
fi l n 1 1 .
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1 Kill i,. ' ,1.1 x nu.
K)
itj
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ill
HI
1 10,",', l hi. tin . lllu' !!.. Jl
Kmp Gne & 1'. Rf 34s nl 10 P24
7'tjs rcls 2 100 M Stl S te
12
.s 4
US',
I l'n'4 Marie 4s
10
1
Km
pss
is I,
i FINANCIAL BRIEFS
The pnrtneiship eistlns under the
nnnie of Hetlie & H.ils.s lm- been
dlsMihed i,j miitual ngteement.
en m i( 'inner i.i. i:i-
Standard Steel Wmks t'umpant. of
I'hilndelphia. tiled imtice et I I.n rilrim
i.f increase of stock fiem S",0(Mi.llilll
In Sill 11(111 lirill All slnrdt .t i-nlllll-illi. li i
i.uneil l.i the I'lilduiti l.oceiniiii,
Werk-.
Attorney Ueiieml Mniisherty stilled !
at he hoped te .likine... f tbe Meel !
ih
in. I'Si'f elli' llll Mi'.'k Itepurtk inef-
niC lintli inerjrrk nre eenilni: iii ilnih.
he said, nnd the luinl nees would tint be
in before Tliiu -d.n.
I.ee. lliiSKininii & Ce.. ns srndii.ite
innimcrs ei lln nffrrins nf SUii.lHiil.ltil l
Shell riiien ('nrp'irati'iii II per eent
eiimiilnti' e pieferted kin.k. series A.
i.ffeietl ni '.HI. lm vi- extended its life
friitn .lull t'i September S. I!I."J.
I'.'itiliri'jlit i Ce. Ine.. bine fericed
n -.Midii'iite t.i offer nt HO i . and Interest
t.i jiebl tiini" than t.iit per cent, a n u
iki'i. nf ..' (Kin. non 'I'eMik Power and
l.ieht (iiinpan li pep cent debeiituie .
kerb's A. .Ine Jul) I. '-'O'J'J. and ii"ii
ealltlhl" fur iwuii)-tii' )c:il-k.
An error In the ell'ulil nnnnuncenient
nf the dhldnid "f "J'j per ceul mi the
st'.ek of the New Ynrk nnd Honduras
Iln-arie Miiiiui: fninpanx mnde it np
pe.tf Ibat the dlkttlhlltlnii Mould lie for
(he ipiarler iinhd Juh .'!0. wbere.is II is
for the ipi.irier i tided June .'10.
,- The repnrt "f the Associated fins
and r.Ucirle fempnii) for the year end-
' cd Mhi .'tl IO'-'-'. kbi. wed n net ineeli '
' uf fs7!'.7:!0. it- lenip.iH'd wl'h $lUi.'J."i.".
for tbe iie.iiik )eif. en inerense of
S1."..sl. (,r..-s wiik Ilkted as SI.Ol..
-O'J. n- nciiini-i .l. 01 1.17H fei'th'; nt r
lnik ic.'if. nf nn Increase nf l;i."..'l.7'J-"..
Cuniberlntiil Cniiuti Power mid hlulit
Ciitiipiiii). nf Pnrl'iiiid, M''.. bus Mild
In .Mc-fri- IlledC't i Ce.. "f ItnMiui
, nnd New Yerk, nn I--H'' "f SlMiii.000 .if
its Hrst lefiiniliiik' iiiertsaire ." per cent
blinds, due September, 10 I'J. 1 1 s ex
neitei thai il iitilill.' ellertnc nt lln
ii'tnlk will he tn.'ide slmrtly, te
vield
about .Vli pi r i cut
- V.. II litin. huirninn nf Pulled
Suites St. el. '.i)s tbe Inerense in the
cerpnrui Inn's mililled Kiniiiipe In June,
Jtsl ,'.iU'. tens, wits due te "Increased
' (Ictnanil fur the riirperatiriu's pinducts
uenerall)." This statement was made
111 H'spunse tn the ipiestlen lis te whetbi'l'
nr lint th" ineiense was due te hcimcr
di'iiinud fintn the bulldlni! trtules.
-The ItiterboreiiRh Itnpid Transit
Ciiiiipiiii) for Mas reports a delicti nf
S7!lv'l) after fi.xed charges, contrasted
with a delielt of .SIMI.I.VJ fur .May.
I'.IHl. Its nperntiiill in the elexen
liinnlhs ended May .'tl resulted lu n
tinal delielt nf .'J.40tl.Ov0. cemparetl
with a delielt of $:i.!l(l".Oe:i ill the cer-
rcspendlm: eleven n.enlhs of the pteeei
, ill lisetll xciir
.." 1 'Fl,,, ..in-ent .. lii,A rf 111,, t rtlll V ll.'t ITU
mimmmmmmMmimkiH,u .Unm ,tmmmm-mm-mmmmm-mm. in II I I I ...i,i;,'i;xc,,.-..,,
LEDGER-PHILADELPHIA1, WEDNESDAY, JULY 12, 1922
l.an
I'. M.
ine.4n
Klil.'Jll
Net
ihge.
Utah
109.411
1011,211
Ixivv
1IIII.3S
Kle.'Jit
101 20
ine 30
iei'i.'w
IMI.flH
1110. Ill
lOl'l.'l'J
Km 21
KI0..-.II
100.31
101.00
100.34
ine l'ii
nn.ns
100.14
Kill 34
itie.au
Kie.riO
11)0.12
101.00
inn. .ill
iii'n'.ii
nti.es
loe. in
iii'o.ei
10il 211
inn. .VI
10(1 .12
M Ptr t a tit n .. 103
.farle 04 1 . 1014
1.... HS 4 10l4
M Knn Tet Ore-W W II b
) wl Nnv Ce 4s
r .... r.nt.i b... siij
en
mi
en
no
no
nn
a .
3
a.
3..
3..
in . M a.. . 8141
no
3 r.7 in
a r.7 23.
10 .'.7 la 81V
Sinclair C Oil
Cerp 7s rets
2 1104
1 1)34
1 tin i.j
i nm.
2 . nn4
i .. imi-'i
3 ... P34
a ii'ii,
1. en 4
A.. tm i j
M Kan 4 let, Otis Steel tuts
3s wl 1 .. 101)4
2 82'. P Const Ce Rs
M Kan St Tel 2 .. 00',
O wl pe e t K
a . n.k.i,i i. nn,
Mn rii'lflc 4s i 2 01
rt.14
in
na, jPnc Tel lc Teli 3 D'l',
034 (is rets I 1. 11114
"f. .' ' ":M ir. IT1
03', Id. Ill's 7(salel Oil's
i
.Mn t'a
1
.1
:t
"m?,"' V"M nil: RCeCr,a74? 0II,I...h.h ....tstnndlng nt .ii." clVo'ef the
nJiiJi t fi2 3 1n1ijtisc.il year. lunc. 'III. according te n sum-
ili'!, 1 . 024' 11 11114
M A U t I, ('a H cm 14. 41
Carle Is I J', 211
N 7i,irenna It R 3.
Fn Kar-rn ?u,"
in . i7s.
New V.ne Tele
ini ,
1UM,
101".
Kill.
10M.
Ce Ss wl
1 n.-.M
1 1.74
P H7 4, '
N Orleans 4 N
US',
3 US',
Pe'n 1'arllV n
SIT.
2 Ml'.
1 .. S'.l,
Fe'n I'actn-
3 SS4
2 S,
S'n P0 ev Is
2 ni.
1 (12
2 (12
mis
1013.
K n 44
I
s2 4 I'eniM ltd fl4
I 4 S24 1 Hist.
jvew or Tt 1 104
Mexico ns imii u 11 ts
In 714 1... 1094
N V Ctnl'l Is IVe (las l.lghi
, ... a. 1 ,.,.1 .
. :i - " n"
2
.01 3. . 1104
ntial '' ' l.lqhl
, ' Ceal Its
'ii ' ins
Plijlt'cerla & 1: te
ni' 1 33 4
N K
Sn Ilatlwi. 4s
"' "'
1 e
3 07',
4 its
2 OS
1 07',
"
1
2.".
''"
a
31
K'
.i
1
m. Teerln . K let
Ksille) ()7'j
114-, 1 1.... Sn llnllwiiv 3s
P4, 'Phlla llntv '' I P3.
IU ' f'"' 4 liS's
P4 4 I Itl'l, 3 or,',
11 1. 1'ltt Cm Chi i 1 ii.-,'.
(i I', St I. u Hs 3 us
I..-. r '
III-, 1 mi'.
'14 , I ! fiOS
HI', Perll'd llwy
ii. UkIU r.s'42
i, iv 1 . SO .
Sn Kail i O'-s
1 . Kill,
00
S. 1004
2 lull''.
1 100 4
3 iik".
1 1IHI4
in
4!
n(V il'reduc & 11 se
N V C'enfl 0-1 1 lU24Tes V I'm- let
f. K13 1 KI2 4 1 4 P3 4
2 10.-. Pre HennersiThlrd Ave a)
N V C.nfl 7s, ward Ss 1 (i
"
. .i. ,t.i..
l K'.i'i ' ii'.'y J" ii
'"
: ';: rpjvrrnwx , t
i".t- i ..--
1
1 ..-, ' SI 4 1. 1034
1034 '-' M I 4 1031
1 .-,, Punta AllecrelTrl-l lt 1th
s-
. I-, ntral ' "" " ' i.iunt r,s
l.-eM.s ' i 2 m.
I 74 rieniilr.T Ce l.l 1 il)u ,
N V I. dl ti Ce 1 s4i.jU-'ilen Hat i
Oi., rets ni ClranJe l Pap fls
3 ie0, "'-n rlt 4s I i . p7
1 10H 4 Kealel OS Union Pnr t
N I.tcht H f""1' " d A fti 1 p.-,i,
t Pirr s i Leul'a 4 4s . 17 r:.,
r,qs 1 St', ,', (134 ,
N Yk .1,' Lene 5" ' I n Mt aiuninn Pne i ,
Heueh is I Hly Rl I 3 ... tl.',
2 pi 'I !" 3 .. IIS'i
New r X II 4 s'1'1 Mt !" U lenk-C 7s
Har'.d fls R O dl 4 S . 1014
$1,1.. S541 3 11134
1 siu " '- s F Jfnt'd Dm- s
Xew Tork O 41 1 "'' 1 I""'
Wesfn 4. ' .n'.i Tntrt Dten.ed
1 -31 s s.i (,-erp n'j
un,t p,,
i :,,;
Nfk 4 u n is
.4 pj'.
Xnrfnlk 4 Wll
l"d S Steel Ss
2 72 3 . 1024
1 72 I 1 1(I'J4
St I. 4 S l'ran r nil
series n I r. i n't
' . . S3'. I 13 103
1 . . . ssi, tlin-i T' 4 ' S-
I v lis
111 .
110'
1 ss 4
Na,A,'.1"'n Ce si. ' "J"" '' !""i
, "' .-. S'r" C,, C 0 "7
. ' ' 3 '.is ,
t
is'.
'"'" M-si'-n si 1. 4 n l-rir i
. ' T Ven, ",'!, "' ''--' '-"
1 me.', 014' 3
1 .. 1004 s. (. Sgw i ci ft
1 . 10C.. a ..
in-.'.
10". 4
If. 4
' i""' 1 73 .Va nv C. .
' KiiK, st I. h'n is'" t ns'
V Pniltle It 3. 7 . 7s'4,Vn Pr I' '.
1" 02 in 7s 1 . sei
2 01 4 Seil, .1 A 1. al 1 se'
,', l)'J1'l a IM'tlVn A H W --
0-4 3 27 1 p aji.
X IM' n Hi. :i 20i..Arner Sucar
" J T "1 I rtet'irTs
I sl, s ...;..! , ,,,.
. ij 27 . 'rvest'n Ml 's
N Pacilf f; ns in . "7 4 1 -, ci
".' .- '"-'I 2 27'..-.V.'n Pa. !',
S pi?-., k,,M x I, ft' 1 sr, ,
I lf,"4 0 . 124, We. . n P.." r.t
KiTN n 12'-i 1 ..sn.
;'' n' " 124 w r,,ien i'.s
se 11,7.. s . ,..,., I , .JTii
"'" lr' 42'. ,1V L'nlni, ni..
,r 'n?4 " 42. R 1004
'1 . In;'- a l2'.,Wetim!h 1.
X'h S I'e Xs 3 13 2 1.171,
1 'il 41 1" 13 XVkkiV. sDtn;
. ' ''14 I" l.l F'eel 7s
Nth S Pwr Os IS 4.1 2 Km',
2 1"! I" 13 1 1 . in 1 ,
(r.. ft 'Mllf Ss X I. ts nta, 3 11.01.,
n i"os , 1 nn . wiis.iu Ce i'
3 Kinr, .e-,h'd A 1. Os' I ipi,
Oreirnn (S i,(n ; r.( jif ,,,,,
S"ni 'I Ss ,-, i,u Wlltnm 1; ;...,
' ..1014 1. .. 103
Kingdom of Netherlands Bends
I'll' II lle.1'1 & I'll. Il I . I, l , i. I,.
nnlinte .ft" i in it t.nl.i SO. non nne uniil.-rs
el in i lis nil iiutherl.i 'I Inn n nT I'.n.i nor. r....,
etltlilrrH I'l tlir l.'in v,t.,n, t,f tl,u V a. 1.. .1.. .....
'II" I're. nt elferlnu- r- ir.-sr--its nnili, i ni
Hi'' 11 1 fiti'l hnlf nf ih., ii.'.il IxK.ie isri rir,n .nr,
suil'lere ImvIiik len til.ic-1 jnlmli in tills ,
'"un;r1 i, nil in llnllninl Inst M.ir-h The
"in.iinlnK Ine no. 1 non nulhleie if tin , Ui .
ii'i't i.ffi-ilii!; MrtB u(f reO In Amu vm I, si
' ' "' 1, i'l ft ll)flirilitt.i.i liiir.Us ill r
.limni this tuinlnpt i-'rlilu) 1 nls pnrtlun nfi
the li.nn villi l,e he-niij mrrjul ". iilr-l ,n
i "-1II1 te iMl.i.- nlil.es.
A m-i tcutute In the iiff.-rln i.f ih-
I remit imrtlnti nf tin lunn in th- I nlir.)
pi.it Is .1 en, vision in mnri- the )i mils e.il.l
lei. the fiilM.ntuRe nf nnv rni,iin.- ,n r r ,
In lliillnnil In th" ce uf th- ermlnus '
jiiirtlnn nf Kite ln,in sn, In the fnii, i j,, ,,,,
Ini-t .'lurtli ihn lien.li nf 2."n ku ,'l-is w.re
nut u kirn l il.-liv..i .m tn- Ani.i-r.l.im
lleurf., th r.-l.v iir.-venllnii il.m.i,.. m..-ia-i.uiim
U'tui-en llie tvvu mirli.-ts
Paris Bourse Improved
I'nrl., .Iul.i 12 I'rlup 'inprmni en the
I'ourse telm 'lliree n-r (.out ient- ,-,7f
'is- Itxeli.itiRe en l.eniluti Slf i",P ,IPr
rent Innr. 74f S3e. Tim ilnllni vm-. nunteil
it 12f t.24e.
GOSSIP OF
THE STREET
't N net often the short intrtvst Rett
wnriiltnr te conic In out of the wet he-
fore the screws nrc npiitled. fleiiernlly
they nrc Ktildcd Inte the torture clinin-
her without the xHsliteMt notice, nntl
I lifter n few little Rentle tliiinuiH with
the sledge liniiitnrr nre Invited te nil-
vnnce te the cinitiiln's m-sR (itul pay for
I heliiK Rilllty of selling whnt wnfii't
lils'n. If the story en the Street ,es-
1 tertliiy enn be neeepted with npy decree
of credence, there is keIiir te tic sonie
, little exception te the rule, in se fur
j the (icnernl Asphitlt shorts nre con-
j cemed. Hitther tluin seelim some one
I llnnni'liilly iujureil, it wns sold, eertnin
! interests, who hnve plnnneil te carry
I these stocks te much hicher planes, nntl
beitiK of n phllnnthieplc state of iiilntl,
i have iiinsnnninieuslr sent out n worn-
Ni4.3b"Hteei It ss j Ins for all "shorts" te cover itniuetll
.814 2.... n., ntely. "If they don't. " it wns alleged,
tlie snorts would tie Kreunti in pieces.
New after such n charitable attitude
' these short of the stoel: certainly cannot
complain If they are caught in the
threshing iiiucMuc or the steam roller.
Tlirv surelv de some wonderful things
In Wall Street.
, , ,
War Finance Cornftrntlenti Operations
Heeks of the War I'lnnnce
,1.... i... ...1 ,..(i t ce-ir niui 1M111 In
mnry or otieratlens issued teuav uy
MimiiRlng Director Kugenc Meyer,
U'li.... tl.. ...... ....r.itl.n. i.smiin.1 nnern.
l"i in 11)21. he stated, the lentiB out-'and
sinntllng tetnled $1 11 .000.000, nntl
.n .t , ..
since that time tlie corperaiion nns nu- ji i" euni-u n.cn- ..u.v ..,.,,.....,..,..... ..
therlzed leans nggreisating .SHM.OOO.OOO, number of hills lenresenting trade rela rela
ef which S.-).'I.0II0,0II was te assist In tlnns between the rnitctl States and the
llnnnclng expetts and .s.'UO.OOO.OOO for Orient, and some of the lending banking
agricultural and livestock purposes. Of interests have been fairly substantial
the total nmeunt. he added, S2S4.00O.- purchasers of this class of paper. 1 he
01)0 hud been nctuallv tulvnnced en .lune general feeling In the trade is that the
HO, of which s:is,00i).000 wns for expert ncceptniice market will grnilunlly
purposes and 'S24ll.00O.O00 for ugrlcul- 'broaden, nlthetigh progress In this
ttirnl nnd livestock purposes. I direction naturally is expected te be
Of the leans approved, he continued, 'low.
.1.11 ., t.,wi j.iw, ..1 nili.nn.iAU rt,. -
l::i.iiihi.immi 1 I HI 11 HI ' l III. I III. t. III.-
therUiti te hankliiB and linanclnl Insti-
ttitlens, including livestock lenn com-
innles. $114,000,000 te te-operative
marketing' ns-ociatlens and 1.(KM).00( '
te exporters. Of the sums actually nil-
vi. need, be reunited. S20 1.000.000 rep-
U'si'tited lean" te hHtikiiiR nml tiuaiiiial
institutions. Sli 1.000.000 te livestock
companies, SISJUIO.OOO te co-operative
nssoclntiens'irrtnis7.0(!l.(K)0 te expert-
ers
Iteniitinents of nil leans since .Inn-
unry. 11121. he declared, amounted te
SI."H.0,"(1.2!II. distributed as follews:
Sl".r:U ..-."! I en loons made under the
wn"r powers. Sn.'.twri.rii:! en -sport
leans nppreved prier te resumption et
operations. ftM.lWI.riMl en leans ap-
proved stibseiitient te the resumption et ,
otieratlens and S47.ll 000 en ngriuul-
im .....i uves,eeu !.
Kerlredy Waiting for a Reaction
"Guess c nre net geln;j te get thai
premised vend inn." said a downtown
New Iaaue
$720,000
Constantin Refining Company
Vt Geld
Car Equipment Trust Certificates
Issued under Philadelphia Plan
Spitzer, Rorick Trust & Savings Bank, Teledo, Ohie.
Trustee, Owner and Lesser
Certificates dated April 1, 1922, due each six months up t
i ten years as follews:
$36,000 Oct 1,
36,000 Apr. 1,
36,000 Oct 1,
36,000 Apr. 1,
36,000 Oct 1,
36,000 Apr. 1,
36,000 Oct 1,
Denomination 51,000, with semi-annual dividend warrants attnehed, payable April 1 and
October 1, in New Yerk City, regicterab'.e as te principal only. Redeemable at a whole
or in part at 104 and accrued dividenda five years from date en sixty daya' notice and at
a pre rata reduction each six menths thereafter. Dividend warrants te be payable (se
fir as lawful) without deduction of the normal Federal Income Tax up te 2 per annum.
Four Mill tart refundable in Pennsylrania and Massachusetts.
Security: These Certificates are specifically secured by title in Spitzer, Rorick Trust
savings eihk, ei
B..u.ia v-nwi, emu .uu et e.uju Banana capacity, nuiit ey tne standard Tank Car
i.ema,5fr durlnK .the latter Prt of 1919 and 192. " costing approximately
31,410,000. or nearly 100 ever the face, value nf the.. rert-(fi,..r f .jju '
both pnncipal and coupons are unconditionally guaranteed by the Constantin Refining
Company, te which Company these cars are leased at a rental sufficient te pay these
Certificates and the dividend warrants and ether charges as they come due.
Net Eernlnss: Net Earnings of Constantin Refining Company, the lessee of said
care, and the guarantor of said Certificates, for the past six years, after deductions
for depreciation, depletion and bend interest, averaged 3579,084, or about ten times
dividend requirements en these enr equipments.
Legal proceedings passed upon b Mews Traey, Chapman iV Wells, ej Teledo,
Atternevi for the Trustee
Price, subject te advance without notice, 6Vz basis
Teledo
The statements contained
broker yesterday, ns lie wntched Jh-i
different speculative favorites climbing
like the thermometer en n midsummer
diiv. "Kverybedy li wnllliiR for one
and I cuesi that is the reason It hns
net arrived. The market hns it very
stubborn way of ilelnp the thing the ma
jority does net unlit It te de, but some seme some
hew'or ether I cannot work up nny en
tlmslnsm. All bnd news is completed
Ignored nml with the ensy money rates
the peels nnd ether sprcu ntlye coinbl ceinbl coinbl
natiens have a weapon whleh N lin.nl te
defeat. Most eenservnllve Interests
while bullish for a long pull openly as
sert coiitlltlenn de net wiirriint the big
nlnvs made day after day. Then agnin
sonic of the biggest operators are away
for the summer. One in particular who
has been given the trnllt for ninny of
the big things the last nine months, 1
understand, has cleaned up nnd will go
te Kuiepe en this week's fast steamer.
I'erliniM 1 am old-fnshlencd, but in my
wav of thinking I believe the current
market is n very dangerous one, espe
cially for the little fellow te play with."
Acceptance Market Slew
The opinion expressed in bend mar
ket circles thnt the nmeunt of new
offerings during the next few weeks
would he n comparatively small one,
although this, no doubt, will depend
snmewliilt en 1110 continieii 111 inr iimr-
fat nnd the ceur.se' of money rntcs. In
Corpera-'ncceptnnce mnrket.ns n result of higliei-
li.inrnal rntru nbtnltllnc. hns bcell
rathe dull with a reniimratlvelr s.nnll
turnover of bills. Dealers shelves are
iiriiiii iicrmniiiB im.skii i h mm n"
j of issues, nntl wiiiie it is ion evenuia ij
: (lie idttllltlell will Werk (lilt Oil brOlltllT
mere comprehensive lines, nt the
I moment the mnrket Is n listless nffalr.
T. 1.. ......n.l al....n 1. ...... ,1 .mnn .a,1 ...ill, n
.. ,... ,
Government Interest Pnpments
Although Interest payments en Ihe
public debt for the fHeal year ended
.lune .10 aggregated .$f)!)l,000.7."il). being
only 8S.1 M.U72 less than for the pre-
aiwiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiwiiiiiiiiiiiimiiiiiiiiii'raiiiiiiiiiiiiiiiiiiiw
We are offering a carefully selected list of
conservative bends of
ELECTRIC LIGHT & POWER COMPANIES
(Hydro and Steam)
Circular en Request
ARTHUR PERRY & CO.
BOSTON
Invettment Bends
New Yerk Lafayette Building. Philadelphia
Mi'iaiaiiinuiNinniBMim
1922
1923
1923
1924
1924
1925
1925
$36,000 Apr. 1, 1926
36,000 Oct 1, 1926
36,000 Apr. 1, 1927
36,000 Oct 1, 1927
36,000 Apr. 1, 1923
38,000 Oct 1, 1928
loieae, wnie, irust.ee, te 000 all-steel
Spitzer, Rorick &
Established 1871
EQUITABLE BUILDING
NEW YORK CITY
herein are baed en official and ether
trustworthy, but are net guaranteed by
-
ceding fiscal year, they should Winn
begin te reflect the lower rntes nt which
the Trensurv has been nble te effect Its
flnnnelng. Recently the (levernment of
fered 4 tier eent Trensury netcti ma
turing In December, 11)2.-. In exehnngf
for Victory 4!Js, nnd It hns cut the
rnte en Treasury certlficntes of indebt
edness from the mnxlmum of 0 per cent
te a1' Per rent. Of six Issues of cer
tlficntes maturing this yenr two, enrry
(, per cent, two Wi per cent, enr 'fiU
per cent nnd one 5j P" cent. Of the
two outstanding Ihmiph of cert nratei
which tr.ntiire next yenr one cnrrljs .J'lt
per cent nnd one 4i P" cent. On the
longer dftted Trensury notes Issued in
connection with Secretary Mellen s plan
for distributing the maturity of the
short -dated debt, the ritte rnnitcs from
fi-li per cent en the issue due 1024. te
! per" cent en the Issue due December,
102.1.
Market Sentiment Mere Cheerful
The Street hnd become thoroughly
tired of the cenl strike nnd nnturnlly
welcomed the plnn of President Hord Herd
ing te bring It te n speedy end. The
expectation thnt he would be nble te
necempllsh his purpose helped speculn
tlve sentiment mnterinlly yesterdny. '
The most nctive trading and the Inrgest I
price chnnges occurred durlnf. the fore
noon. In the nfternoen the higher
levels were nrctty well maintained, al
though renctlens of 11 point or mere J
were brought nneut Dy pressienni prom
taking. Although the idea of n gen
eral forgiveness of nlllrd wnr debts hns
net met with much fnver In the finan
cial district or in this country as 11
whole, the reports from Kitrepe thnt
Paris might propose that Great Hritnln
wipe off the obligations of Krnnce te
thnt nation ns a forerunner of easier
terms' for (Jermnny helped foreign ex
change and the stock market here ns
well. There were reports from Lon Len Lon
eon (luring the Inst hour of business
thnt (li-ent lirltnln hns a nlan well nn-
vanced for funding her debt te the
T'nltcd States by the flotation of a
large Itrltlsli-jlmerlcan lean. Although
there wns no nintcrim ciiange ier tuc
better in the railroad strike the Street
lu-nu nni cTentlv concerned, ns it wns
believed it would be brought te a close
in much the snme way as proposed by
President Harding in the ease of the
cenl strike. THK TKADKK.
Providence
iufQiiiiiiinniiaitii
$36,000 Apr. 1, 1929
38,000 Oct. 1, 1929
36,000 Apr. 1, 1930
36,000 Oct 1, 1930
36,000 Apr. 1, 1931
36,000 Oct 1, 1931
36,000 Apr. 1, 1932
tank cars, 00 of 10,050
Ce.
Chicago
information which we consider
us ."siurr
s
r ' m .- - Z. Jk
FAIR PRICES
tlmulata building therefert
the present activity. Condi,
tlent are here for maximum
return of Investment. Prices
will go no lower, they may
aacendi Build new.
JOHN N. GILL
CONSTRUCTION CO.
Commercial Bailifinfi, Fatletiit,
lutititieHt and Smaller (Vtrk
Oils ltulldli
I'UILAUtiLt'UU
Bends for Investment
Liberty Bends lleusht,
Sold, Cashed
F. P. RISTINE& COMPANY
Kstnhllelied 1002
Widnr Bnildin, Pkll.delp.i,
N.w Yerk Eliubdb, N. J
Members New Yerk nnd I'hllutlelpM '
SALES EXECUTIVE
Of long and successful cxperienct
in handling sales problems and
organization work in naticnally
known Insurance Ce. offers his
services in sume capacity te live
growing concern whose success
depends upon the geed manage
ment of its sales department.
A 804, LEDGER OFFICE
C. S. PATTON & COTl
SO I CIIMTNi'T STS.
BANKERS
RnretMnrn te
SAnER a STEVKNSON
Bantu and stack beuihl and told
Members rhUfi. Ktcck Keh n ne
LOCUST 7270
Direct telephone connection nllh m
TKADIXO DKPT. IN XEW YOBt
A. A. Heusman & Ce.
ifembtra iVfte Yerk Stoek tSxchantt
20 Bread Street N.w Yartj
Bends for Investors
Reed A. Morgan & Ce.
Me.ibere of tk I'hlle Itnil- KtIi
West Eml Trut liMn.. l'h'trt
Frederick Peirce
BONDS O f INVKST
FOB OC Ve-O. MKNT
MM Chestnut Street, riilladelphli
FINANf'IAI.
NewEngland Power Company
First Mortgage 5 Bends,
due July 1, 1951
SEAI.nD PROPOSALS nd.lress-.l m tht
unrlsrtlcncd at Its office, 1 3.1 Deienthlrt
street, llosten, Mass., nnd Indorsed l..n out
side of enxelopel "I'ropesala te Sll Nw
Knitlsnd Power Ce. O", lUinds" XV 1 1. 1. BK
ntlCKIVBD t'NTII. 10 O'C'l.nrK A. M
FRIDAY. Jl'I.Y 14. 10S2, for the sals of
ilieve-nntnerl bends te tlie Trustrs, TO
MISOItll THK St'.xt OK" One llundrril
Flfty-I'eiir Theusnnd Te llundrril rfetilr
KUht Oellara nnd Fourteen Cents HIM.
278.14) OK ANY I'AIIT THKItKOI' In it'
eerilanca with the merlcne il.ited .fan-h .1
101'J. but referred te In tlie bends ns diul
Juh 1. 1011. and First Supplemental Mori Meri
sase themte dated April i!7. UHH
Proposals will be opened nnd siiieei.rni
hide deelnre.l Julv 14. 1(12.'. AN'M lNTCRKST
(IN Afi'IJPTKO IKJNIia WII.I. CKASf
JL'I.Y 17. 1D2:
The New England Trust Company
TRUSTEE
JAMKS It HOOI'K.n, I'lcsid-nl.
flrstnn, Maes . Julv I. 1'.'--'
AMr.RICN RAIIAVAtS L'O. Kxtcnilrd 7t'
Held Notes- NUTK'i: Is herebi given that
In nrrn-ilanie wltli nn Aureeinent ilitedDer.
"3 lli'-'l. euppleniental te !i.l of Irut"
"la'ttd 1'eb. I. 'I'm. Notes N"s :
ttis -.Mi 7ei mil inn IR-Je -Jinn "-I'M -,!IV
lil-i "M 7-JI 10'JL' 1'Jlil n.-iil k'MJ .11.1s .UU
nn 4-JS 74r. 1110 111I7 lh37 -Idl -JR'U
5'jii no.! 7ii4 ma iseii is.-.n -ji.-i -jtii
"3H (lO'i 773 1114 14011 1HH4 -JI711 .s'.l
"40 SI7.1 f-sr. 1IRI 1431 ISS'l L'.ISli -jst.il
liaie bei-n drawn for re.tnnptl'in out n!
tnenes held III llie Slnklni; fund TD"
principal of enld notes will le paid en Auriut
1. 103J. at the ciffl. e of (he Trustee. Ml
rhesinut Htreel. Phllailelnliln Pa W IW
and interest, nfter w'llch date Intetest en tnt
bends te drawn shall rease.
TUB I'KNNsYI.VANIA COXIIMNY TOR
INSUnANOKS ON I.IVfS AND UllANri.SU
ANNLMTIES
Trustee.
Proposals
MlC.XI.fl PKIU'OMAI.M HIM. HI- lit-
celled nt rtoetn -Jill. Cil 11-iH ""111 '
n'tleck neon, en Tuesday, Jul) IH, IVil. . n
opened at that lime lu Iloem 210, Uiy Hill.
hehtdule "A" IIHANC'II SlJWI.'ltS
bmcdule "H" MAIN HBWKII IN ntiiViT!
AVfNt'f. I-'IIOM SUl'TII uf A.sH
1NOTON I.A.NT. Al'P.USH MII.MJ
'I'ON ItANIi ANH Kltnjl Mil'TII M
7lllli AVHNl'f NOIITII XCIIOSS TBlb
AX'IJNI'K NOHTII
k,.,eiu!e "(" TI1HT llOlllNCiS
Bi-hcliile "D" nnt.AWARi: AVBS'l'i: IM
PIlOX'f.XIf.NT Iteineial of pl.ite nlc
der brldue and wooden (resile ii( Del
wnra menus and Hnder aienue
llniulre at rtoetn tin. f'ltv Hall
I'llANK II i'm:n
Dlreetrir, I. O. O. V. SKM.MI I'ltlll'll-Al.s FOX
PilnllnK Ihe Journal, ntlleeis' and i-eininliit
tepnr(s nnd ether prlntlnv nf t'i.' drnnd wi--imminent
nf Pennsjlinnla f.ir llie eiituist
xenr. Indorsed "l'reisnals for I'rlnilnB "'
ls ru'elinl b the undersigned until HJIU"
ilny, Jul) SI). VJii '-I 12 h'i lm I. 'I.
i:ewi.n i HtTTnn.
Orind -serils.
17-J-1 Ann street.
Philadelphia. July Vi, IH1"J
I'. H, lir.l'AIITMKN'r "K AtillH t I.TI'Kr'.
H'ASIIINUTON. I). C. S lie I '.reiw'"'1
s. Ill le rerelied ntll t n'rlmk I. M.. Tuff
dai, Jnl) 18. 1032. nnd then mi' lu-'i ''
'or furnlshlnir el.'etrlcnl'y drli " r('ip"
Irm equipment, form nf prnpiisnl nnd lr"'
iVnllnna m"i be '.mil upon iiniilii-.iiliil "
I'haltmiin, llua'd of Aw.irds. lril leP"'
tnenl . ....
(Med.) I'. W I'l -'i-M
Aetlnit .sti'irelnrr
Dlllilends .
THK LAND TITI.i: AND Till KT f IJ1,.V
June .Hi !"-?,
(Mp'lal ei i.emt 01
sun.lus '..'... le.W' i
Lin.llWded Predis ,s ,3 ? thi.
Th.- llunr.l e' Director nf Tin- Mn.'l Jj"J
and Trust I'enipany Iihk this daj 'lei'1-";1.,
iiu-irlerly .llvldrii.l nf M Dell.irs I'ir."""!)
pajnble AiiRiikt I. 1IIJ2. In sincMmldei' "'
meril ?t I'. M. Julv 1.1 tfl:'2 ....
I, ICWIS P llllltifll, JIt . Trrasurtr
July 11. lliai! .
INTERNATIONAL I'AI'JIlt f'OUI'Ay
New Ynrli. June .s, l-'-
. . .. ....... .ItH-lnievl
reaulnr euiirterlv illvldned of one "'7,1,5.
half per cent. Il'., en the l"-'rrri.,i, ij.
tnl stei-k of thl.i ceniii.inv .nulle JU,J. ',
ID-i','. te lirefened stni'liholdeis f remra
the cloie of business July 7. IUJ-..,,.
tne iieiru ei uin-i-mm ." - j ..
reaulnr euiirterlv illvldned of one '"".'15.
OXVIIN HiiKi'itiniu. hi-.. - .
Tin: ki:ai. itti' titm; iN,;ni.4('b
AND Tltl'fT lOMI'AN-
RilU i..tn..t ativai I
I'hllH.leltihln. July IU '''-?;, M
A euarterlv dividend nf M, lrr .V."."!! Jl
Ixen declared by ii-p, IliiHnl '.'. . ' ", ,Mfii
paysbl. Aiwusv I, tOM. te stocklieldfr", .,
m&M&&&m
recera
.' !.sl
it
fe-V.tf'd
021
I