mm.
,wv
0
mwwmmmmmm:
L'iftiiM:-
mw Jfi
tP
pMBWOB
p-; v,
mvm$Mrim,
(..
rpsm
v, '
vt
' t
'. f ' ')' tv '
r.T. 1 . - - a. s. am
BALDWINS SPURT
f MflKKH H-flMIKh ...?
,.
t 'i
Week Was Crowded With Im
; pertant Foreign and Do De
. mestic Developments
New Verli. July 1"i. The uunl
Week-end evening "P operations of tlip
trmllns contingent Imported n tlcRree
'jf liifRiiln strength te the brief ftnek
nirket fenny. Apart from tlte equip
ment shnres, of wlileli Ilnldwln Loco
motive -nn the h'rtcllng feature, nnil
further wcnlatesx In mhiic- of tlie oil
ftecks tlie iRv'h movement wax renlly
without .MRiilfiennrp. I'nrertnlnty ns
te lietli the eenl nntl rnltrnml etrike
(dtiinlleii wns nn effective dumper upon
prculnllvc nctlvlty. The possibility of
Mine Important development ever Htin
i!nv niitnrally iiuiile t in; traders cnu cnu
tJeni In innkltiB fresh commitments.
'JTfi.il of prices was upward In the early
I'd'higx, hut the greater part of the
Improvement was canceled before the
ileilntt.
1 tmllnj; In bends was nominal at
trifling change. Liberties remained
iteatly. retaining the. better part of
reMerdny's gains. Foreign issues were
extremely dull and unchanged. Mcjcl
' can f gained a fraction with Copen Cepen
liagen r',s. ylteadlng -Is nnd 1'iilen
Pacific convertible 4n were slightlv bet
ter, while l'. H. Steel fis gained 1
points. Ooiirelldntcd fins 7n canceled
part of yesterday's sharp rise nnd At
cMmmi general -Is cased slightly with
Mvernl of the Western nnd Southwest
ern railway Issues.
Ne cenipliilnt could be made this
week by the market community of lack
of news nnd important develepmeuts.
If anything there wns nn overabun
dance, but the market, from surface
Indications, apparently has reached n
rtnge where it Is almost totally In
different te outside happenings. Thnt
I te say, It refuses te go up en favor
able developments nnd stubbornly
Ignores nil the adverse events. In ether
werilH, the motive power is still found
In conditions within Itself.
Frem a far distance viewpoint, the
erents of the week were of distinctive
constructive type, nnd sooner or Inter
will unquestionably become important
market factors. This Is particularly
true ns te the monetary conditions',
which, nfter all, is the sinews of nctlve
speculation. The outstanding events In
this connection were supplied in the
unexpected further lowering of the
Bank of Kngland discount rnte te .1
per cent, nnd the renewed nctlvlty nnd
strength of the United Stntes Govern
ment war lean issues ut new high
record prices. Ileth enn easily be ac
cepted as foreshadowing a prolonged
m.ueii of easy money market condi
tions. The unhealthy German economic nnd
political situation for a brief time
threatened te produce widespread un
settlement In the financial realm. In
the first place, it Js obvious te all care
Jul students of th market situation
It will take something mere than the
collapse of the (icriiutn political struc
ture te upset the American marke's.
The German situation Is admittedly
serious but net nltogetr hopeless,
which Is Indicated clcarlv in the rel
atively complacency of the English
financial markets. Te come down te the
bottom facts of the case, the European
Munitien for a long time has net been
(eiisidcrcd an impeitniit market factor.
The disquieting event,, abroad have
caused congestive chills and nre llkelv
te c.iiise mere, but can be considered
fjirfncldcntnl rather than potential in
fluences in se far as American security
wines aie concerned.
The railroad strike situation has
Menilily grown worse by reason of the
reiifllctimr elements injected into con
trol crsy by the antagonistic attitude of
both .sides Emphasis en the serious serieus
rtes.s of the situation is given in tlie
drastic steps taken by the Government,
ine hilling the use of troops In keep the
mail tinins moving. A week- mm tin.
action of the Unllread Laber Heard in
outlawing tlie striking shepmen seem
ingly foreshadowed an early collapse of
tlie walkout. Instead of this liappv
ejent being realized there is new danger
of ether departments of railroad labor
being involved. Unpromising as out
look may be. the market continues te
snore It. The trading cemmunltv has
learned from long experience net te sell
Heiks en labor troubles. This is one
the traditions of the Street seldom
ilnlntrd. The market cemmunltv, how hew
eier, have all along entertained a con cen
fident belief some way eventually would
be feiuul for nn amicable settlement of
the inilieud labor troubles. Such a
nope is le some extent encouraged liv
nppnreui successtui rltert en the
NEW YORK STOCK MARKET tSSOrJiiSSSZ
Only Afternoon Repert in Philadelphia Quoting Putt Liet , Total for this wwli.. .3,851, 300 share
the
part of the Government te bring about
an eaily resumption of coal mining and
me FiiMimmng ailjust nt or the pend
inj disputes te an impartial ceminis
bien.
GRAIN MARKET
Wheat (iron IIIh-Ii
July ... 1 LIS 1 HI
i't 1 i:i 1 11S
"f . 1 1 na 1 ins
Corn Cern
July . (i'JS li'l
sm 1.1 i.r.s
I'm. . . mis wis
. Oats
July . :11s 3 is
fti1' 3T T
"f 4US 40'i
. bard
July te se 10 mi
btpt. iu " 111 a;
mis
July 111 no 10 tin
t. .. te in te. 111
I.ntt
1 LIS
1 i:m
1 1.1S
(US
U4S
11:1
1 '
3 US
in
10 117
in .sa
in c,
in :.u
Tcs't
Oil se
I I ft.
1 1 ;
1 K.S
nv
iY.
3 is
ins
4DS
10fl7
10 vj
111 112
io.;,e
STATE OF TRADE
Boeklnuii nn new liualm-s 1 were nn a
ratller si nip in the lust week, ,u, t Kel"
jnal cuiiillt.iuia uml (xlstlna labor trnulilpn
J-JPt fur thin )ipltiiil.,n. un.l,.vliiB ":
eltlims ri'miiln hluhly fiiMiralile iiml,.r nrVi.
IW-rprernHiH f"r Ur,u""y "" ut '' un-
NrnDh,?IIb'::' ",'H:..'.'",,,,'.on.al,!e "."elnilntH
lif t,T, ,1" ". . ' "'V ' ." !'X',!""B. In
Jk.'T"' 1,ul """ '' Imt.,.p, ,hu
r e of iiniBrrsH U slimer," .".
lir.ulmii-ri'H Hiirit. "Apnrt from thj Imlm.
rial unipsl. t, Mumtleim It,,, turn h
r hns mrely xhiiwn be many fm "nil! "
MIUI , H,)im riflrl. ,,.r,7,0 n"
.- ' " h'hiwu, 1111111. 11 r ii.i,
i xiir iiku."
Snips
200
1930
3J0
te5
tee
tee
1400
400
tee
tee
100
100
5700
530
1300
330
100
200
100
103
1400
300
200
100
1100
100
300
100
200
103
100
11633
, 200
300
100
303
700
41403
3600
100
100
1500
933
300
1500
100
100
1200
400
100
200
803
100
100
400
200
1700
300
103
103
103
330
1103
1030
400
1030
100 6
100 7
100 5
1400 ..
330 ..
830 4
430 Z
1O0O S
600 ..
200 ..
5400 7
1300 ..
100 ..
100
2J0 4
500 7
10400 2
96C0 . .
300 7
400 ..
403 ..
200 ..
230 ..
103 ..
103 9
200 6
103 2
100 8
53
103
830
200
103
403
533
200
203
530
2530
2030
200
2203
330
200
2030
100
833
930
430
203
100
103
1800
700
500
100
100
200
103
700
830
100 6
1700 ..
200 6
8 JO ..
100 ..
103 ..
103 ..
200 ..
220J . .
1733 ..
tOO 7
100 ..
103 2
700 3 Mi
Am
Am
Am
Am
Am
STOCK Hlh
Atnx rtuhber 15
Allied chem A Dy 71
Alllfl-Chnlmrra .... 414
.. Am Keet Bugar,... '4
. Am Besch Magneto 40
4 Am D Shoe F)dy new 62
Am Can 33 H
12 Am Car ft Pdy... 166
7 Am Car & Fdy pf..l20K
t Am Ice 110
Tnternnt Cerp.. 42
I.a Prance Eng 13
locomotive. .. .116
Safety Razor., 614
Shin & Cem... 2014
.. Am Smelt 62
7 Am Smelt Rcflnpf.. 99 K
5 Am Steel Foundries 37
7 Am Stcel Fdyg pf . . 99 H
.. Am Sumatra 40
Am Tel b Tel 121 Vz
12 Am Tobacco 142
12 Am Tobacco B....13B'A
.. Am Waterworks. . 16
7 Am Woolen 91 J4
.. Am .Writ Paper pf. 31
. . Anaconda Ceppt... 52 H
. . Ann Arber 17
6 Asse D aoeds 1st pf 82
7 Asse D Qoeds 2d pt 82
6 Assd Oil 113W
6 Atch Tep & San le101 H
6 Atch Tep & S P pf 90H
7 Atlantle Coast LlnelOB
.. Atlantle Fruit 2K
.. Atl Gulf & W I S S 36H
.. Aunstln Nichols ... 27 H
7 Baldwin Locomotive 1 20 H
.. Baltimore A Ohie... !2!4
. . Barnsdatt Class A. . 32
.. Batepllas Mining... 1
. . Beechnut Paclt 33i
6 Bethlehem Steel.... 75
6 Beth Steel B..... 76 ft
.. Beeth Fisheries.... 8'i
.. Brit Em Steel 10 y4
8 Brooklyn Edisen. . .108&
.. Bklvn Rapid Transit 26
.. BrklynUnGas rta.. 2
2 Burns Bres B 43 Ji
.. Butte Cep & Zinc. 7
.. Butte & Sup Cep.. 292
.. California Petrel... CI
.. Cnl Zlne ft Lead.. 8
.. Central Leather.... 39
. . Cnrro-dc-Pasce . , . . 37
4 Chesapeake ft Ohie.. 68 V2
.. Chicago & Alten 10 H
.. Chicago & Alten pf 18 V
.. Chi & E lit (new) pt 55
.. Chicago ft Or West BH
.. Cht ft Or West pf 21
.. Chi Mil ft St P.... ?8
.. Chi M St P pf... 43 V,
6 Chi ft Northwestern 76 H
.. Oil R I ft Pae' 43H
6 Chi R 1 ft Pae 6 pf 81
7 Chi RI ft Pnc 7 pf 94)4
mil Si P U i On
Chile Copper 22
Chlne Copper 30
Ceca Ce'.a 71
Clev Cln Chi ft 3 L 76 V2
Celum Gas ft Elce. 89
Celum Graphopheno 4H
Cel Graphopheno pf 17J4
Consolidated QM..124J4
Consel Textiles.... H!4
Continental Can.... 67
Cent Insurance.... 81
Cern Products Ref.104
Cern Pred Ref pf.117
Cesdcn U Ce 44
Cruollile Steel 7714
7 Crucible Steel pf... 90
. . Cuban Am Sugar... 23 H
.. Cuba Cane Sugar.. 16
.. Cuba Cane Sugar pf 35
.. Davisen Chemical.. 45Jg
.. Debecrs C Mln Ltd 21
0 Delaware & Huilsen121
6 Del Lack ft West.. 128
2 Deme Mines 30
8 Du Pent (13 I) Ce..10'
6 Du Pent 0 deb pt 81 Yt
G Eastman Kodak new 72
3 Elee Storage Bat... 44 yi
. . Elk Hern Ceal 20 H
C Endtcott-Jehnson .. 62(4
.. Erle '6
.. Erie 1st pf Z3
8 Famous Players L. 82 t
.. Flsk Rubber 15
.. Freeport Texas.... '3 Yz
.. General Asphalt... .68)6
.. General Meters.... 14
.. Goedrich B F 39
7 Great Northern pf.. 81
.. Greene Can Copper SOU
. . Gulf Moblle ft N pt 40
.. Gulf Stntes Steel... 82 yj
. . Habtrshaw 1-Jlectrle 1
.. Housten Oil 75
2 Hudsen M Car 23 !4
1 Hupp Motorcar 19H
.. Hydraulic Steel.... 10(4
7 Illinois Central 107
.. Illinois pf wt 109T
.. Indlahenia Ref 44
.. Inspiration Cen Cep 41
.. Inter Cen Cep I Vz
Inter Cen t-erp pi vz
Internet Cement... 32 Yt
Inxerlint Cem Eng. 23
Int Mcr Marine... 18
0 Int Mer Mnrlne pr. . stfa
International Nickel 17
6 Internal Nlckel pf. 83 V
. international Paper 52JJ
6 Inter Paper pf sctpd 70
. Invincible Oil Cerp. 14
, . Iren Products 24
, island. Oil
. Jewel Tea 17
Kan City Southern 25
. Kansas ft Gulf 4
. Kennecett Copper.. 36 yj
2Vt
2
Kresge S S .
Lackawanna
Lee HubDer. .
Lehigh Valley
Steel
.138'
76
29
15
Lew
15
6914
53(4
44 Hi
40
62
E5H.
164
120
110
42
13
114 Yt
Y
20U
61 U
9954
36
99
40
121 V4
141
13814
16
90
31
52 Vz
17
81
82
113
100
90
108
2
26'
274
116yi
51
iZ
1
33
75
76 Ji
8 'A
10 Mi
1084
25
2
43 y
7
29
61 Vz
8
38
26
68
10
18'
55
8
21
27 Vz
43
76
43 K
8114
94y4
68
22
29
70
75
89
4
17 y
123
11
67
81
lC4'
117
44 Yt
75
SO
23 K.
15yi
34 Yt
45
21
120(4
128
30
140H
81 yj
72 Yt
44
20
82 yi
16
3
C2
15
Z3yi
67
14 V
39 V
80
30 H
40
81
1
75
13
18
10
107
1C9
4y4
0J4
1
3 14
3214
22
18
51
17
83 yi
51
70
14 Yt
?4
17
25 yi
4
35
138y4
76
29
64 !4
Teilny's NH
Clene Cnse.
15 - 1
70y lyi
S3 y4 - 'A
44(4 ..
40
62
55(4 ..
106 1(4
120
110
42 -13
115(4
'4 -61
(4
99(4
56
99
40
121(4
142
138(4
16 90y4
31
szyz ..
17 3
82 Vz
82
113 .Ui
Vz
U4
(4
(4
A
V
(4
1(4
Vt
(4
101 -
90 .
10B -2
36 (4 .
27(4
120 52(4
32
1
33
75
76(4
8(4
10(4
108(4
25
2
43(4
7 -29(4
t!(4-
8 -
39
36-
68(4
10-
18(4-
55
0
21 28
43J4
76
43
22
29
89 .
-67
-81-
104 ,
117
44
77(4
90 -3Ya
16
35
121 -128
30
72(4
44
20
82(4
82 -15
-23
Vz
68(4
14
39
60
30 -40
61 -
I
75' 3
18Ji
109
4(4
40(4-
!-
3(4
17(4
83 ('
52(4
70 -14(4-24
-17
25
4
26
138(4
76
29
L5
(4
' Vz
(4
'
4(4
Vt
i
1
(4
(4
' Vz
(4
Vt
Vt
(4
1(4
Vt
' Vt
' Vt
Vt
'(4
(4
Vt
1
(4
' Vt
(4
'(4
Vt
1
Vt
2(4
Vt
Vt
2(4
3
Vt
(4
Vt
Vt
Vt
(4
i
Vz
Vt
Vt
Vt
Vt
Vz
Vz
(4
(4
(4
1(4
Vt
(4
' (4
' !4
(4
' Vz
Vt
Vt
1!4
1(4
2
Yi
Vt
'
' !4
ZM
Vt
100
2200
600
330
700
100
in BTOCK . "Ifh
7 Liggett ft Myers pt117(4
7 Lima Locomotive. ..110(4
.. Lennv's Ine 1?,,
12 Lerlltard (Pierre).. 154 J4
7 Louisville ft Nash.. 133
Mnek Truck 54 H
.nX " '"CK ITUCK ...... "74
100..7E MeTnlvr. . 13K
730 .. Malllnsen Ce 34(4
J00 7 Mnnatl Sugar pf... 78
00 2 Manhat Shirt 36
100 6 Mar St Ry pr pf... 61
3800 .. Marland Oil 41
103 .. Mnth Alkali 43
tilSX ?,ax Me,or Cass A CB
'?J& Max Moter C'aM B 24(4
1222 l2 "exiean Petroleum. 1 59 Vt
3800 . . Mex Seaboard Oil .... 32 14
1400 .. Mex Seebd Oil ct 30
'" z Miami rvinn.i. 294
2500
100
100
200
700
630
1830
100
15
100
103
1033
300
1833
1833
103
100
800
800
100
1200
0200
tee
200
100
9103
1530
1030
200
1530
2030
200
100
100
8100
100
100
433
100
203
2000 1.20 Middle States Cerp.': 13
.. Miavaie steel 33 n
.. Mln ft St Loul 11(4
Me Kan ft Tex (wl) 17(4
7 M St P A St M pf . . 82
. . Missouri Partita. ... 22
. . Me Pnclfle pt 55(4
. . Montgomery Ward. 22(4
.. Mulllns Bedy 26(4
. . Nnsh Moter Ce 453
7 Nat Biscuit 143
.. Nat R R of M 2d pf 4
. . Nev Cen Copper.... 16
.. N Y Air Brake 78
8 N T Central E6
.. New Yerk N H ft H 30
7 Norfolk ft Westcm.110
8 North American.... 67
8 Northern Pacific... 77(4
. . Ohie Bedy ft Blewer 8(4
Okta Pred ft Ref... 2
.. Orpheum Circuit... 10(4
.. Otis Steel 11 Vt
.. Pacific Devcl Cerp.. 6(4
5 Pac Gas ft Elec... 7014
Pacific Mall 14(4
8 Pacific Oil 56
8 Pan Amer Petrel.. 71 Vt
6 Pan Amer B 65(4
. . Panhandle . 7
2 Pennsylvania R R'. 44
.. Penn Seaboard Steel 8
6 Peeples Gas Chicago 85
. . Pere Marquette.... 32
3 Philadelphia Ce.... 38
I Phillips Pet 4514
. . Plerce-Arrew Moter 1 8
. . Plerce-Arrew Met pf 37
.. Pierce Oil 8(4
.. Pierce Oil pf 47
. . Pitta A W Vn. . . . . . 1A U
00 : Pend Creek Ceal... 21
100 b Pestum Cereal 78(4
'122 Pressed Steel Car.. 79
100 7 Pressed Steel Car Pf 99
3400 .. Producers ft Ref... 39(4
500 6 Pub Ser Cor of N J 85(4
1930 g Pullman Ce 122J4
703 2 Pure Oil 29
100 4 Railway Sec 69
1500 8 Railway Steel Spg..103
100 7 Ry Steel Spg pf. ... 110 (4
1033.41 Rand Mines 27
230 4 Reading 75(4
900 .. Rcpub iron ft Steel 71 J4
100 .. Reynolds Springs... 44(4
500 3 Reynolds Teb B 46 U
13005.20 Royal Dutch N Y.. 57
100
100
100
100
1403
103
300
5100
503
333
103
100
3600
100
500
100
12100
400
200
203
200
3403
300
333
2333
103
400
1600
300
100
6103
803
100
100
800
630
1600
1103
103
400
303
1400
103
200
2703
203
830
100
100
633
100
100
730
200
100
303
233
700
103
200
200
14 JO
23J0
833
100
100
St
St
Leuis San Fran. 28
1.01ns H Fran pf 50
4
E
7
IVx
7
St L Southwest Pf . 46
Savage Arms 14(4
Sears-Roebuck .... 78(4
Seneca Cenner .... 1 2 (4
Shattuck Ariz Cerp. 9
Sinclair Consel 31(4
Southern Pacific... 89
Southern Rail 24(4
Southern Rail pr... 56
Spicer Mfg Ce 19
Standard Oil of Cal105J4
Standard Oil of N J 110
etann uu ci n j pril7!4
Sterling Products.. 53(4
Studebaker 138
.. Sub Beat Cerp.... 7
. . Sweets Ce of Amer 3
. . Temt Cern ft F "A" 1 Ji
.. Tcnn Cep ft Chem.. 10
3 Texas Ce 46 (4
.. Texas ft Pacific.... 30
4 Texas Gulf ft Sulph 8
j.X Texas ft Pae C ft O 26
. . xnira Ave
.. Tobacco Pred (new).
7 Tobacco Pred A
.. Tobacco Pred rts. .. .
. . Tel St L W pf cfc B
.. Transcontinental Oil
.. Union Oil.
10 Union Pacific
' vz
56
80
22 Vz
48
17(4
2114
141 Vz
United Alley Steel. 38(4
United Drug 78(4
United Retail Stores. 67 yi
United Retail Sts rts.
U S C I P ft Fdy. . 33
U S C I P ft Fdy pf 67
U S Feed Products. 7
U S Heffman Mach 23(4
U S Ind Alcohol.... 58(4
U S Realty ft Imp.. 67
U S Rubber 62(4
XT S Steel.
U S Steel pf
Utah Copper
Utah Securities. .
Vun Ranlte 1st;
Vanadium Cerp. .
Va-Car Chemical.
Vlvadeu Inc
Wnbash
Wabash pf A.
..100
. . 1 20
5
.. 16(4
pf 94
.. 6!4
.. 30
. . 1 1 (4
.. 12!4
31
Weber & Hcllbrener 13(4
Western Pacific pf. 60(4
Western Union Tell 03 14
WestlEheuseE&M. . 60(4
Wheeling ft L E. ... 13(4
White Eagle Oil 26(4
Whlte Moter ABVa
White Oil Cerp.... 9H
Wlllya Overland.... 9(4
Willys Overland pr. .8Ji
Werth Pump & M. 50
Werth Pump A .... 94
Lew
117(4
106(4
15
154
130
54
15(4
34(4
78
36
61
(4
66
23
157(4
32(4
30
29
13(4
24
11(4
17(4
81
21
55(4
22(4
26(4
453
145
4J4
16
77(4
95
30
110
b7
76
7
2
17 Vz
11(4
6(4
70
14(4
55
70(4
t5
7
3
04
84(4
32
38
45
18
37
A
47
38 (4
21
78(4
77(4
99
58
85
122
29
69
101(4
110(4
27
75 54
7154
44(4
46
57(4
28
50
46
144
77
12(4
9 SI
31(4
89(4
24(4
56
19
1C3
10
116
53 54
127(4
7
3
1
10
45
30
47 Ji
6(4
21(4
56(4
79
22(4
48
16(4
21
141 (4
38(4
77
07
32 J,
67
7
23 54
57(4
67
62
99
120
64
16(4
94
45
30
11 (4
12 14
31
13(4
,60
103(4
60
1314
40 (j
B?4
9
47
50
" 94
Vt
Vt
1(4
1
(4
"
Vt
L4
(4
1
- I
1
1
Teilnys Net
Clese Chge.
117(4 ..
110(4 4(4
1554
154(4
133 2
54 ..
15 Vt
34(4 54
782
36
61
40(4
43
68
24(4
15B -32(4-30(4-29
13
35
1 1 54
22
5(4
22 54-26(4-
453
145
4
16
78
96
30
110
67
77(4 f-
8(4
2
18(4
11(4-
614-
70
1454
E6-
70-
65
7
44 8(4
85 -45
18
8 54
47
38 Vt -21-
78
79
99
38
85 54
122
29
69
103
110(4
27
75(4
71 Vt
44(4
46 -57
54
28 50
46
14(4
iyi
89
24(4 104
10
116J4 -53(4
137(4
7 3 -Hi-10
46
30
48
?6
21 (4-56(4-80
22(4
48
17 -21)4-
14154
38J4
77 54
67 -
23
67
7 -
23(4-
S8y,
67 -62
-
99 54
120
65 V
"6(4
30
11J4-
12-
31
1354
60(4
103(4
CO -13
54
26 54
40 fi
8
9 48
50
94
2
i
2
' Vt
54
54
54
' Vt
'
Vt
54
i
1
154
. !4
54
Vt
!4
54
54
54
54
1
" 54
54
154
54
54
54
Vt
H
'i(4
LOCAL TRADING
WAS ME
ANINGLESS
CURB
I
RACING WAS
SMALL VOLUM
E
NEW YORK BANK STATEMENT
Excess Reserve Reduced te $12,
316,550 Big Jump In Deposits
Net (lciuiuiil deposits of the New
Yerk Clearing llmim- Institutions In-crcn-cl
S:i.HW.Hl tills wc.-k uml leans
anil discounts were t'XiiiiniU'il .s.i.l.l.i,-
0 With the lncmicl llnbllit - the
r "e'rve credit nt the IVdernl Kiwrve
1 nnk ilwn-iiM'il S20.ri1K.W10, riwilUnu
reduction of 825.r5JHI.niO In re-ervc
In cxccm of lepnl reuulrements te M-,-;UII,."r0.
Details loliew
WESTERN BUSINESS
; 5LUWINbUnUMt
&
In
Ur 111,111
r I'nlii-il
inn! neli
U.S. Certificates and Treasury Notes
mLA'7'"l' ..f" ?.?'? '' !'".. 1.1.1 nn.l
;r ihc ilirtiriMit Ibhuvh:
MutuiliiB
., "'Hi' DM
Sei't , 1II2J . .lOO.V.VJ
f'em , uisa .mil ii.jij
Oft , lllJ'J . 11)0
I'll , 111-'.' . . .1011 1 ..!
"'c 1IU'.' 100 I.I..TJ
Jli-h . JU'.'iJ 0(j jh.jij
Jlltli-, IICH ...1110 1.11
Juiii", lie.' I ..Km
Hl't . UrJl. . in.;
ch . hilt,. . mi 7.H1
' . lli . 1II0.
Mi ll. ltljll ., mi 13-1(1
Int
Hate
ti
'Ml!
t'3
M
'i
AklipJ
lun'i
JOUfc,
iiin.i.aj
iu ;i.:i'
Ylelil
;i 1111
ll.llli
H.O'I
1.
inn I7.HL' :i "i
mi) jt-.-ij : 1 a
jun.'i.as b.iii
10.1 . 4()i
101 n-m 4 ii
""i1 4.1.1
-' i-iu 1 ia
ii. "-" I". 1UI HJJ l-ltl I l'l
tAfc 'm,',., rU'V 1V'ler'" "or""" '"'"-'
Reserve Banks' Discount Rates
tt?M';L"J, 'r'll"!'it niliH nt Iho twelve J,
"i ilcir ImiikH urn iih fulluwn:
Tr.m, J.lli. i'did'I
CUM, DutliH. naiier,
Uxn1"" rcservii
.UBrcKiil5 rH
UianN. -te
(null in nutH
tuemlwr linnUn .
IICBcne In rowii rewii
liir li.inl uml i"
nitvp b.mkH . .
Hewive In SHU"
liunkH anil truiit
comiunle!
Hi'i!ire In Ule
bmilts ana trut
i-iiiniiuny d.-ll-
Ni-t ili-in il'-P t
'I'lmi' ilepeslt" . .
I'lieulnllen . . . .
'HiilUil Stntcii ili;
liualtH dtMlucteil
AVKI1AOK
ThlH 'eeU
iU0,'JL'4,4U0
CillO.ll7U.OOU
. I.UIIH.L'.'I.OOU
Uncertainty of Ceal and Rail
road Strike Exerting a Re
straining Influence
Kiiernl ruins which ,.,,, in ti,c rn
save thf crop fro... ,lre..Kht dm. Z
...my sections. C,,,,,,,,., biivers n
luk iig hel.1 mere frwly nnd Y c bui?i r
iiBricuItural nmi-liiiiPry and tools 7, 'l
". cempnrcii te neniml for
Hen" llT "SH ,ah,I,, i'"" '"nslder '
."r:"1:. "r1'''"1. i-ii
.11 1 """" i-uiiiu in
uicir uiiying power.
(13,7."iO.OOU
Iinl work '
$1.1. 41II.S0O
fi.1il.n7,00(i
'.'"'! activity ill
no, 33ii, 000 , indicated liv
iiiciisurin.;
C'liicaRO,
543,1:11,000 338,200,000
7,303,000 70, 30S, 000
uml
i:xces reBCiMi..
ABiircK.vli' i"1
l.ii.i nu, flv. ,
rush in nulH
nnil nwm. I'""-
llnLirvr III ini'l"
1... ImnUB
..,..,!, liallkH
llVw-rvu In Htut..
Iiiilji4 anil iruat
nMtf in, "'e
i-iinipunv ilul'Otl ilul'Otl
lerU'H : .
Xet ileniunn ue
lkltS
Time ilciwmm
iMrculaiien
t', . dl'IOUltH
dijjuclcil .
10.182.000
4.0311,1112.1100
437,11113.000
34,10U,UUII
, 3(i,nn8,noe
ACTUA-.
TlllH uek
JI2.310.S.-.0
ri.17,32s neil
1,U1U,I17H,0(JO
111, 203,000
4,03,1.ll2U.n0i
417, Mil. 000
33,111)7,01)0
33,072,000
I.imt week
137,1107,400
377,lillll,0i'O
l,USU,343,0OU
n8.273.000 (1J.S15.00U
530.733. 001) 500 233,ll0l)
July 1.". A sleuiiv: up of
some iniiiistrinl Mies n n n
boine of the l rude reports
I received eeveriiiK western centers. In
most enses where n reneiien was reported
jit wns attributed te the coal Munitien,
I which i bcxuiniint te pinch 111 tunic
leases, Moreover (lie uncertainty con-
1 nected with the rnll shepmen's Mrlke
nnd the possibility of nn extension of
1 (lie trouble cnused n little mere anxiety
iiiiiHiuueh us the rail difficulties lire
ever-liippliiR tlie ceni strike.
In the steel trude there is still nn
nrlivti demand nt the lemlini; western
ct litem for products for quick ship
I nieiit, and the automobile manufac
turers' are Inking considerable stock.
'lluildillK is ceIuk abend rnpldl.v In uiniiv
wetlens nnd this is mnkliiK n mere nr 1 ... ,
BANK CLEARINGS LARGER
Lecal Exchanges Were 9.6 p. c. In
Excess of Corresponding Week
Last Year
1 tic volume of bank
tinned te prow
cK'nrincs con-
iiecerdinc te tin, .v,,.,!.-!.
oi..plltien of thennnnelnlci,,,,.,!,!."..
I he local exchanges this H,.,.u w ,.,-,. nil
percent in excess ,,f tlie cerres,,,,,,,!!,',,.
week lust M-nr, but New yP, hl(MUM,
the greater Kaln with ,lm.lls0 of
211.0 per rent. The tetnl clearing of
the principal cltlcH for the cl were
$i,214,2(U,t)7." ceinnnred u-in. enn.i-
,M,l ,.
'nrrcspendlni; ,.,t,. llf
7U-M5S in the
11121, a Ruin of 20.H pet cent.
Coiiipnriseus fellow :
,01111,0111)
,1)11,000
111
less (intent deurnnd for structural steel,
uhirh is 11 biu' inlliiruce In tile trade
The steel Industry is feeling I lie
of tlie ceni strike.
t'hlcnuu
I'lilla . .
nffWt I I'Dilen
cueii 1 ,.,. f.,,..
Yiirk.3,.-.13.Ti")i).000 Jl' t'ht I
10.I07.0UO
4,071.220.000
4(12,0.'!, 0(H)
33,IISII,OII0
2S.4II5 000
10.020.000
1,035 o.is.eno
31,1107,000
rt. Frnn'cu
iltiilmrirli
Alenev rondlllens Ka.sv I Detrnli
Meney conditions iu the West nre x'eXanii
without material cIiuiik1', There is no 1 . ., -
,.vl,lnn,.n nf llirlifiw.Ka in iinv lilri'i'lien. Tntl 10 cIiIah
4llll.tlHII.7lll
.1711,000,0111)
270,111111,11011
113,110.1110
1211,200. 000
flL'l. null, nmi
HI. 21)1. Olie
II0.373,4I(;1
42,33,1011
2. 7117. sun. oeii '.,i'
?,1.V""i'.ls in it
1! .11110.0011 i,
23li.ll4II.SL'll l' !
1...1S3 .iiii.i .,
107., '.iiii.iki,, i- :.
103.0110.(1011 J ;
70, 27 l.S II in .,
II2.IIH7 Hlls ;'5
fll',001.214 S I.
Easy Meney Conditions and
Lew Rates foreshadow
Higher Bend Prices
Trnillnc In the lecnl market wn; rcii
rrnlly nicnnitiRlcsx. Most of the deal
liiKH were of n perfunctory clinrncter.
nnd nrlce vnrlntinns. Ill cen'-edliencc,
were unimportant nnd (nnllned te
trllllne frnctiens. Tlie continued firm
ness of l'ennsvlvnniii Hnllreiid nnd the
Philadelphia Klectrlc issues was nbeut
the only noteworthy feature. 1 nl""
Traction nhnded under -10 In the early
denlliiCH but recovered the less. P. !'
T. nt the snmc time dipped te !
Hmnll lets of Crnniiis were taken nt r3.
A number of centrlbutinit Inllucnccx
could be offered In explanation for the
wnitliiR nttltmlc manifested bv the local
tunrket community. In tlie lirst plnce,
this is tlie time of yenr when n (treat
mnny people leave town and ere mere
concerned regarding Kuepenn nnd ether
vocational trips tlien they are In (
enrity value". In the second plnce,
se many uncertainties have crept Inte
the general situation ns te cause mnny
ethers te hesitate In making nny fresh
market commitments until the matters
Kenernly become mere settled. Third,
much of the iYiiictntlens that furnished
the motive for the uplift of the lecnl
stocks during the last six months bus
been discounted. In ether words, the
ninrkct, ns well ns both the speculative
uml 'Investment elements nre nt tlie
moment sorely lu need of some new
stimulus te awaken n fresh Interest.
In tlie opinion of the lending Invest
ment houses, n very nctlve bend market
will be seen after the summer vacations.
Willie some of the better grndc of bends
uiKiuestlennbly have been cleaned up,
It Is almost certain by reason of tlie
elienp rntes for money nn active do de
mnnd for Investment issues will de
velop, which will net alone be confined
te the public but nlse will embrncc
financial Institutions In order te keep
growing funds profitably employed. The
abnormal low price for call mene nt
New Yerk Is generally accepted ns con
clusive testimony of the rupld piling
up of money In nil section? of the coun
try, which Is being shipped te that
center te find employment. Heretofore
these funds were withdrawn when the
call rnte receded under !l per cent, nnd
It remnins te be seen whether the same
experience will be repeated In the next
few days. The supply of money Is
rapidly growing In excess of the de
mand, nnd this condition Is net likely
tn be verv much nltered bv the crop
moving, ns most of the Western banks
already have made preparations te meet
tills nnnual contingency. It Is there
fore believed by the lending bend men
the only outlet Is the bend ninrkct.
which nt the same time Is equally cur
tain te carry the level of bend prices
much higher.
Renewed Heaviness in Oil
Shares Standard Oil of
Indiana Breaks Sharply
New Yerh, .Tuly IT.. Trading In curb
stocks was In miiiiII volume. Wlint lit
tle interest there wns appeared in tlie
oil shares te a greater extent tlutii In
any ether group. There was renewed
henviness In these issues mid reactions
from 11 small fraction te '-' points were
recorded. The price changes in the
miscellaneous group were unimportant
nnd slgnltlcnm of nothing except the
general luck of Interest nnd the pro pre pro
fesslenod clinrncter of tlie trading.
There wns a fair degree of activity
in some inlnlns shares, particularly in
tlie lower 'priced ones, Stnuihinl Oil of
Indlnim Vvits the most conspicuous fea
ture of tlie oil group, ns It litis been for
u long time. It sold down rnther
sharply, the same ns did Stiimlnrd OH
of California en tlie stock exchange, fol
lowing Its nbrupt turn In the late trad
ing Friday. Standard Oil of New Yerk
wus lower nlse, yielding nbeut - points
en small offerings. Standard till
Ons Unit lln.leil; toeji Jjk
C J(i 101 4 10l4 JOJH
n S O 7m.. 105 4 105U 105 i
IIM'U l"71
,IOOO'nth Btesl 7 2?.15i"
12000 HMD 8tel . V'J?"!.,
1IOO0 Ilklyn Un U Os.JOlH
4.10011 llldvn Un Oiin In .10SV
2000 Can Nut Ily K Tt les.
500(1 Out Hleel KH,,.. 105
200O ChRT Iren K .... li.i
L'IKllI Cens
1000 Deem
tlllllit fin la,H
2001) Goedrich Tire 7n..ie:ij4
7000 (Irnnd Trunk O's 105-
30(111 (lulf Oil 7m,. . ...UU i
100O Hnrxl Uiitilir T,. HH'i
!IH)'J Hiimlitn Oil 7n .,100'fi
audit Inter Jl T 7n till
2000 Knnmn (litn Ok.... Ill)
250(10 Ktnncrett C 7...105
2000 l.:'jliy ilrN A. I, 7 iih'I
20U0 .Miinltiilu l'" ?k.. ti'
(HIOII Niil Acmn 7'4h . 1)7
inei) ru'lnliy 7s 101
2000 Merrh'ts & Mtu 7s ti'JV
anon N V N II A- It 7s H.7'4
neon Phiia nice .V4 . uuu
N000 Tub Ht N J 7s .1014
lsone llebert (lair 7 lis
200(1 Hi lira Ilecli 7s "22
30110 Helv.it' ct flu S
lllilll S O .' Y 7 '20
4000 s O N Y 7s ':u
ftnee M ii V v uu .
((IDO HJIi Oil 71 . . lOO'J
4000 Hulfl & Ce 7s '25 lli'JU
4IHII) Swlfl Cn 7i '.'II lull
lOOOOTi'xns Ce 7s . .I0l'
10OO Unliin Oil Cnl Hi 101
17000 t'nlti-il Oil V Ss 101
2001) I'n y Hnv 7's 101'i
(1000 West III 7s .. 10S
KIKKKIV IKINDS
12000 ,rRentlne "a liie'j
5000 Can S H in .HI
IiiiKie Cliy Mnntlvldeii 7s. DH'4
2T0IHI Kln of Scrlis Hi H5i,
1000(10 N Y N II II T 7s 74 Mi
1SOU0 Hwlni r,iB . . 103,
(1O0O C H llrns'll 7'4s S5i
72000 U U Mex 4a , 11",
Mi 104H
lO'Jlt mat
lii?i 10IH
107 Vj lns't
KIM IOH
e:,i ie5i
n.i ii.
mew
1054
1011
III!)
ins-
IO.'i
l6 IU
IIS',4
ion'
l)7'4
!)5(,
105
llll'i
115 4
nun
101
DU
S7'4
lill'
10l'4
07
1(i()-j
105
IOH
Kill
les'i
1II0N
inlTi
lea
leiS
101
10:1
IIII'l
10S
I no
in
mm
II.". Vj
74S
in.'i'i
,S5'i
40
in.-.
1014
ns4
100
mi
u:.
105,
05 ft
llll4
leni
nun
87 Vi
llll
leiN,
117 1
10'IH
05
mn
Kill
llis'4
IOH'4
102'
le.l
101'i
mi
101
ie;
ies
ioe'
in
irit-i
n "iV
71ij
lii.T".
S5'
41
w inuLiioALiiien
. . h
DankcM and Investment x-J
neuses pre mviicu 10 use ;;
our service when desiring ;
te buy or sell any Govern
ment Leans.
"A Natien-Wide Market"
COMMERCIAL
TRUST COMPANY
Member Federal Reserve System
City Hall Square
FINANCIAL BRIEFS
Kenturkv. Ancle-Ainerlciiii mid Inter
iinllenul Petroleum was seincwhnt
firmer, but nevertheless fractionally
lower. Henviness appeared lu Skelly
Oil. while dinar ruled firm. .Muttiul
dll nnil Salt Creek were fractionally
eusy.
Cities Service was down mere than H
point. Following the recent rather wide
lluctuntlen lu both directions Gillette
Safely ICnzer ruled tirm uml the de
mand for Ilunint. I.lnceln "Meters nnd
l'ncknrd continued fair, but without
affecting prices materially. Goodyear i
Tire and Hubber was up nearly a point. !
(leldwjn I'lctuics were steady. I.ene
Star was really the lender In the min
ing group en reports of coming develop
ments of Importance at the mines. Con
solidated Copper and Itay Hercules con
tinued tirm.
Tlie bend market displayed firmness
olse, but price changes were narrow.
IMl'STKI.l
llleli
Otis elevator reports for six months
ended .Tnnn !U1. 1!)'J1. n tier Incnine nf
"f !Sl.lSi,."i;2 lifter chnrges nnd tuxes
Philadelphia Stocks
IIlKh
15 Am CJns.. Ut!
20tAm Tel &
Tel ....121'-;
iniCrueible S Ttl1.'
1!J Kric Light
pref ... W',i
11 I.eh Nn v.. "."
lOtl'nn-A l'ct 7r;'s
a I'eiinaHi: -141s
fi l'hiln Ce
cum pf.. SSVj
22 rhlla Klec 'W
m de pref.. :i()U
1S1) l'hllii H T HI
(ill
Clec
till
Nst
i hse.
121 t)sl21 V,
70! "OVjlvs
10 I'lilla Trac l
12,"tHep I & S "l'N
10tStu(le!)kr.l.'"77s
70 -'i
'!,
3St.'.
2!1'4
:te
neT's
tin
71
i:s7f
m
17
ni
.i
7."i
70.-!i
I'lTs
-,
'U
4
2!l', t
:uVi .
'M) is
till . .
71 -(, Vt
i:i7's :!s
Tis-f :"s
l ,s
10 ..
ret
3-
Lew
500 Acme Ceal H5c 01c
500 Am Itruc ... . l' 114
son Csr i.iKiit s:ii ,:ic
1300 Chi .N'lDple 5'4 5
linn l leve'and Aute.. . 2'J i'll'i
2ue Celuiriblu KmeiulU. 7;n "ille
loe Ddiilelii .Met 12', l-'lt
11)0 JJ ivies Wm A 12-. 12'.
lien Oubller C U 11 . . . s' s4
seu Ourant .Met S'l'-g JIO'ii
SOO Olbsun Uuwell . 1 Ih'i
10 (lllttti! H H . . 22:1 22:1
1400 (liililwjn I'lcturtH. 7 7
loe tlaedtear tile .. ll'i U-1
loe Grant .Moter .... I'. l"
200 llejilen Chem ... 1 1
200 lluilnen .Mull ... . 12 U
15 (Vilululil pfil .. . IM'a li-l'n
22(10 ChKO Nlpple II .. 4'4 !
1.10(1 Hates Whel .. 51'j 81P4
200 I.lin.i l.ecn i . ..'52'ii 51 s,
100 Lima l.oce rts .. a 3
100 l.lliby JtcN & I. . 24 2!4
5110 Mercer .Mtm 34 'A
500 .Mercer -Mtrs V T C MS 3H
400 .Muen .Mtrs 12 ll'
100 l'acknrd Mtr .. . H 14
200 IVerless Mtr .... 54 52J
100 I'lilllp ilnrrls lU'a H''
3110 l'trene Mf 0, hU
SOO Itndlu cetn I' 434
1200 Hiidle pfd .. . . 3 A 3r
loeo Seuth C & Iren . . 4 lu 44c
2O0Slft lnternut... . l'a H'!4
le Tedd Kliln "D'4 i0
sne 1' S I. & 11 . . IS 1J
500 United "mm 3 new H' II
100 United lt-t Candy ll'i H-
lull Watn Ceal I'n , '
200 West Knd Chem . . 5iie 5c
.ST.MAKI) OILS
SOO Anule-Amer OH ... ll'J l.h'
inei) Atluntlc LebuM W-J y
60 lluck.le l 1, UJ V;'
IHi OHienu Slcnal . . . u ,.')
25 Imp Oil Inn . . 100 100
se l'ralne I'lpe . . . 215 21.;
lull S Oil of Ky w I 021 .':,
130,10 SI Oil .t li.d . ..IHi 10iu
10O ri UU of N V. 425 4J3
Last
05c
IU
53e
5
201
70e
12
121!
'.
3U
IS-.
22.1
7'.
11
1.
1
III4
034
4V4
31
3W
3.
11
14
54
IOVj
s
41
3 A
14u
1U4
70
1'.
IP
r,
.1a
1S
uv
ll.l
511
lull
215
112
107 '.
r.'.J
ugnlnst Sl.ri.Tr.lO!) snme period 11)21.
The average price of tile twenty nc
tlve indtistrinl stocks advanced O.J'.l per '
cent yesterday te 114. DO. while tlie twen-
ty rnilrends declined 0.211 per cent te l
MJ.2L
Iltl-dness fniliires for the week endcu I
Inly 1!t iiuinb'Tcd .'!!I0. which rempari") I
with !!0!) In-t week (a holiday wee,lt),i
nift ill th" like week of 102I. l.'lli in,
1020. 00 in 1010 and 172 In I'.llS.
M. V. Midilleten. Jr.. ec Ce. an- '
neiinred Krank L. Smith. Itebert C.
Helmes, Kluoed C. .lerls nml Ilewnnl
It. Hurtman hnve been admitted as
general partners and Frank 1'. LuiU'cr
un u special partner.
The I'etrnlt Kdi-en Company, in it"
report for the six month" ended June
.'0, 1022, shows gross revenue amouiit ameuiit
Ing te $12.h7t!,7'll, ns cempuied with'
SI 1.024,400 for the correpeniling '
period a yenr nge. After all expenses ,
nnd charges, net earnings nmeuiitcd te i
SI.02:S,741. ns compared with S1.420,- .
010 for the first half year of 11)21. '
It. M. (Jriint & Ce., Inc., of New,
1 Yerk, Ilosten, St. Leuis ninl Clileage. '
i hnve Issued a circular decrJblug uu
Issue of !?.".r.000 City of St. 1'eters-
btirg. Fin., ."'j per cent lmpreveineni
bends, which the linn is offering at
107','i te yield about " per cent. The
bends ere dated Jul) 1. 1022, nnd uri-
'' ture July 1. l!l."2. Tlie) nre exempt
from nil Federal iticetne taxes.
Possibilities of triinsportutien of
I wheat being curtailed us n result of
strikes have been effective in bringing
nbeut upturns ibis week lu the value of
wheat. Compared with a week nge.
'.beat this morning -heweil gains rung
lug from ',.j cent te 1''S cents a bushel,
corn wr.s down ' cent te 21eT(2",s.
eats off I'fc te l'ic, nnd previsions
nt 1." iSnts te .'!.") cents decline.
Tlie offering of Kansas City Power
nnd Light Company first preferied
stock will be made .Monday morning at
S!):i.."0 n share and accrued dividend,
te yield nbeut 'Ij per cent. The syndi
cate will be composed of Spencer, Trust:
iV Ce.. lil.Wh. Witter A: Ce. mid the
Chase Securities Corporation of New
lerk. nnd the entiiieiitul and
St. Leuis &
San Francisce
Descriptive circular etitllnlnK
(be pexsllitlltlcs of this read
.S'rlit upon ixqitcst
McGLINN & CO.
M'cmbrrs .Vctw Verfc Sterk Exehanpe
300 Widcner BIdfj., Philadelphia
Safe Bends for Investment
Halsey, Stuart
& Ce. Inc.
Irnnd Tide Bld. TtUphene Lecuit 7410
CO.
C. S. PATTON &
3D A CIIKSTNI'T STH.
BANKERS
Snccfsnr te
sAri.ni ti sTKvr.Ninv
tlenilH ii lid htnrl.n lienulil nml old
Iemlifrs 1'lillJ. Stack Kielninitf
EDWARD L0WBER STOKES & CO
Investment
20 Seuth 15th St.
PHILADELPHIA
Lawrence E. Brown & Ce.
CERTIFIED PUBLIC ACCOUNTANTS
10.10 ltr..U. KSTATK TRUST 11I.DO.
lnfstl(,'ti- nnd edjunt corporation and
eartniTFhtti iicteuuts und urepara Incem.
Tax Iteturns.
mcrclal Securities Company of Chi- ! ,fi S, i''1""
l'lNANTIAt.
I'KNNsll.VANM (O. (IA1IANTRKK
,i'a n:it t i:nt. tuist (i:ktifi
( ati:s, si:uii:s "it," iifi; tu4i.
Pursuant te tfrnn of nsicement dtli
Sept mLi-r 1, 1SH7 .ind suptnenii ntnl axree axree
inent drttrd l'i I ruae 1, 1001. tlie undr
H.mifd inlip,i t'nd.is vt hoevi, CHrtillcatcs for
i.iil.. .ind dpt'i nt nt AiiKit I. tltll, at u
fnni. i lrli e nut , xi e- uinu pur and lnti-rcst, le the
thu bum new paablu te
INUKI'UMIKNT Oll-S
1
ia'j
.i1hi1 iLtidrn. stntlnir sncidflr niimlifrs nf
rrrtllleulr iltTi-il, mUlri'i-si'i te UII'.AKU
iiii .-r i , i i im. TiuhU". Hml'lnu l-'und
1vt.iis i ini i i''upin ilu'irnntp,d 3W pr
r.nt Trust Certifli ntes. Series "FI." will ba
i. .. ... ... ,, a.. i. nnt
itiMi iiiiiik', i-iiiiiiniii niier preierreu (.iiii'D
iiivKienu reiiuremeiits te ,v.-.ni n imi
ciiKe. i
The pamphlet report of the Coferado
and Southern Hail way for 10'Jl shows;
lie income of $1,"i0,1."i nfter tnes
i
i-M
3.1 is
tiO'Ji
.'t'"-,.A "is
IJO'J's ls
Tone Hel. lr;
100 Tone Mln. 1 ii
fiOtTrnns Oil 17
'SA 1'nienTrnc -10
.- V (5 I .-:.
21 de pref. . 54
cetr SC11'
A: T ... .T.is
700tV Pnc pf 00"s
15 W Cniinp
& Sens.. 5S
50 Yerk Uwy L'-'a
tNct chnnBt" madi by comparison with lxt
nn'.e en New Verlt Steik KxchaneB. ,
Tetnl Fnlr. is."i."i Bhnres, (eniparpil llh
4UO0 shsrci jemcrdie Thus fnr this mt,
ai OL'S ahurea, I
IU!I.AIr.I.riUA I10NDS
500 Victory 4:',.s "S 100.02
700(1 IMillu Klwt 1st 5s ll'.i'j
1!P,00 I'lilla Kh'd 1sl 5s iiji.'ij
5001'blhi K'l-ct 1st 5s 100
2000 I'lilla I'llcct 5js ' 100
5000 IMillu Hied is KKia,
2000 Welsbach Ce 5s ,))U,
Total, Jill.:!1)", iiimti.irnl with $117. '.'no ...
tcrd.. Thus far this week. (Hl.tlnu.
FOREIGN EXCHANGE I
New Yerk. .Inly 15. The market
was steady at the close today ami there '
were no eiitstiinillni; features duriiii.' the ,
session. Tradlni; was ery Unlit except
in the French und Helirlan Issues, nml
very moderate volume of business in
(lermaii marks. Francs closed with a
10-pelnt Ktilu ever hist niiclit's ipiota ipieta
t ions, lire 5 points up und murks 1 ' .
Tliu balance of the list with the ecep ecep
tlen of Sweden, where there wus a ,
10-pelnt decline, wns nbeut even with I
hist nlshfs iiKiires. i
Sterlim; cables 4.14 ll-lll, demand
4.44 :t-lti: franc cables S.2M..,, checks
.S.27!,i : lire cables 4.5Si.j. checks 4.5s.
llelltliiii cables 7.70. checks 7.7s1i : i
Swiss cubles 10.17. checks 10.14; i.
eta cables 15.50. checks 15. 4S; uui'der
cliccits .is. ill ; Denmark !
checks 21.45; Xurwnv i
checks ltl.55; Swedisii '
checks 25s5; mnrks
cables
cables
cables
cables
.221 1 .
:tS.75
21.50,
lll.tiO.
25.00,
S"t0ll
n'!!' .v"rk
JMUil.til
.'Vrlnnil
I'llfhrnntul
Allkntn
memo
I
4
4'-'
Hi
H
h, i.iiuu ",;; ic
"ll'nnaiKilli ,,, . ;,
,&" ciiy .... n
.JP.114' s
4
4
i
i
414
41?
i
A
a
lllirs.
iiiifjit
4
s'i
V,
41?
!.J
6
?
DIVIDENDS DECLARED
Knuffnisn Dfimrlmi'tit .Stores uu.irlerlr
of Jl "11 1 cninmeii. puubl, AUBUut 1 te BtecK
''STl'i'iVclphla' (VmpW. semi-annual 1.!3
011 iirVff-rrwI. payublB Seiitsmlmr 1 te nlecic
et rrcerd Aueunj J1K
BAR SILVER
Nrw VnrU, Jutv 1.1, I'mnmen ln Imr nil
brr r"r One eunci', ilimienlle, IHl'k veMr. uu
chanci'd. fe.clBii, 70HcentH, uiKhuiiKud.
lndnn. July 1,1. nr..llvcr wm un-
clmng?a here today at 3Jd.
'u?.i,liu(!'ates nrc hel.llnK at about ihe same as ' eth.r Ail?.. a-w''-am
tl-l U.l.tlUU . , - , i ,,, .....l...l!,.. - ,.u ui 0.1 ,.
IIIM HMV tfrt'Ki UIMI UU vilitiuiiil. ? "" l'i
eplliuistli fiM- ' Tumi all LltlPM
t'elll'C'tinim an 5 ilnyn .$tl,0.,i:J(fi54,0l'3 S.i n'li
4H UllUl
I lie
of fundi. Is one of the
tuns of the situation
1 (ported geed in most cii'i's,
Wholesalers and jobbers rhvc favor
able accounts of the week's business In
the main. There hits been u big volume
of sales booked In linn.) lines, whiih
Is uu cuceurncini; Indication of mere
cenlldcnce jHwrnlly en the part of
buyers,
Country Hiiyci.s TiiUIiir Held
The agricultural (onditleus urc
favorable, and a Reed nvarjKe corn
crop bus been ussuied by tlie recent
tl.UaO.autl.all 2117
l.iai.sqs 17 s
1 day
1. 210.710, Sl'j
WR HS2 "e 3
10(111. :MIII.(l7l a n
1'iilnl nil t'ltleH
fur wit. 17. '.'111. 2111, 1)7.1 ll.0a7 704 j-,u
IXciiBUi'. tlitliniilil. '"'""l-'S -U3
BANK CLEARINGS
Hunk i.li'Hilnsii leiliiy inmiMied with enrf
riHieud.n day lHt war;
Phllndilihla .,77,1)00000 J7L' oeu";uiiii
N. VerU.,833,4nn,nnn .... ;
uonten... m.uoe.ouo 6i,6tf2,7e8 .1;;;;;;;!
Ceiitrul I'lirepeilll exchiiiiccs weie ir
icguliir teila. with Kiniiish murks nui
Huiimiiiiin tllchtlv stronger; Czecho
slovakia. Austrian, llunuaiinu ami l'n. '
hind lower and the n'st of the is
about even. Ituinanlan. ..'isa, ; I till . i
Kiirian. .71; Serbian, 1 Is-; ,Iuko-Se . I
inn, 211' -j : Cv.ecliii-Slnvukinn. 2,2.'l ; '
Austrian. ".OOII.""', Iliiimniiaii, .I17S ; I'n. I
land, .001S; (iicek, 2 se, mid Finnish,!
2.12. I
lu Montreal Canadian cvluingp Is i
steady. Hate of premium there ledav
en New Yerk funds w.is 1 I -111 per eenf. ,
The rate of discount of Canadian funds I
In New Yciik today was 1 l.V,2 per
cent. i
Vi:."Ti:UUAY'.1 ('I.nSiNO ijl'HTATIONH ,
HtarllliK l'l ii ins J.ire (liilld, r
1.4 1 S 17 4 3.1 Its 7e
4.4H s I7'.j 4 :,m MS 7,'i i
i)im:ninii wi'etvtid.vs '
Kti-rtliis I'r.iim I.lr (Juii,,.rH
I 41, s.-'iP I r.in, s. 7ii ,
4.14. s L'7'- 4 .-.7 :is.7fl '
I'l.llsINd IJI'DTATIOVS I
Stprllm; I'rini's l.lrn (lulldr. '
4 ,17 3S.7J
US.7?
Di'inand . ...
Cililrs
luiuvs
Peimnd
C'abli-s .
TODAY'S
.101) Aclnn
14uu Auan
lis) ArK Nut Jun .
U10U liuatiin Vje
ine llrli Cent UU .
SUO Cm lb .snd ...
M.e CitliK service
L'lin L'l I fct v U ctfs
UO ('It SliTVlO Pii'f
lun (.'uiiiniblii I'ft
;U0 I'ulembla Sjnd . .
ledu CuhiiIiiu I'n . . . .
ltiniiu Knu'ii ivtrel
luu i;iUlty Pet pref . .
lien l'ldi-rnl Oil .
loe SVnslund
'.TiijO Dleinetlt Oil
llioue Hudi'in Oil
12U0 Int lMrul . . ..
min KeNteiin ItutiKur.
Ine l'uiim lluyalt . . .
Inn Neble UU pr-f. . ..
2IIIIU I.lv iikmeii Pft
1200 l.veiis P't ...
ion JIiir.H'.'ilbe Oil
41 n Marin1
2U"0 Mer'.iliie I' t
U'U'i MPiritt Oil
L'lOii M, ili-e i"l
IM.e .leuiit Pred
40ml Mutu il lief
linn N w I'iik PU"I
.iiinil Nunhutst
Jliiiie Neliln Oil
linn Nn AniiT CUl
tmii i ilnuir (HI
inn IVnnnik oil
sunn P.ed IlimUi
2'iU t'lilt ' ri'el! Pi nd . .
,-,iiii Mipulpa lli'f
linn slinniK 1' 't
sni n SH-lly OH
B'iOii si nut, p ( H
.Mm swutli Willis
100 t.per'0'T Pet .
2iiiHI stimtim .
.,i.i 'l'i xan O A.' I. ,
2'imi Ttirnian
i.iiml Wlloex Oil .
H nn V e.l .
MINIMI
Vli mi .m iem
200 Alim-Pr 'el
li.ne Am Hxiiler.it .
1 2nmi VU I oils-"
"line Unit .' Mem iti.i
j;jiiii lioHien Munt Cnns
2iidil ("an id i i'np . .
2IIIHI I'und'darl.i M
4II0H Cms Cen M
lseii i i.rteT Hllwr .
liinn Croiien (old
loon IiUlde Kxionslen
sunn I'niina Sll, r
;,nnn Bii-i ka iTeesus ..
tin) i C.nllnii
imt'i ilidilrteld 1 ler
neil llei 1 1 Minn s
lil.-.ne liid.twnil laid
I Hun .liroine eril 1 'lv .
imioKiiex OHide .
I7111111 i.eii, star -
300 c.i nn In;
2011,1 Cern Nev 1. 'an
lene llil.l Sist,"
.'.inn Mill Te; Nei . .
.line si"' irli-ail
iiinil M indard SI m r
Conn M iri.li X? n
mi Xlafini ' al'ev t
nil) Mnther 1 nd I
IP.iiiO N'alloeil 1 in
heml Viv nl' eph'r
illlii N' I'niiilMiiin
3011 Nli'iln
1i ii. il" I'lipi"1."
niee pitisliurh M
con 1U Heri'iUiM
at no lte l'"'"',II
11X11) st.iMUl Mm
I'.OOO .s'u es M'n
;-,lil'.'K lUsli''''
iliieTiin.'ial) V,';",",""' '
iliin Tonepal) I'HI'l"
100 Tem P.'li ,,'' .. '
-,7iiii rnlie.l llasiern
,01)0 Velcaiii .
'UOO Will" il
neMis;
ParKers
10
hilu
:i.i
no
2a0
14
IS
1U'
W
'.'le
22S
4Sc
l'n
U.lc
IS
7se
liS
lv.
4
n s
1 IS
I'S
.1.1
211
220
2S
2,
US
17r
MS
I
s,
10S
12
i:is
4S
all
74e
IS
US
14c
4e
2S
lie
I He
7s,,
no,-
3.1c
Ml,-
w.
2S
lle
In
2s,
2H'
lie
US
4s,.
as
a
7 c
21 1
if
13a
im-
I.
IS,' 17e
IS
s,
IS
7s
IS
IS
.17
IA
Se
l'n
I '."a
10
Mc
JS
7
20'J
2U
(17
Mi
1c
t.'IIC
14
IS
ins
is
.ni-
22 S
4.10
IS
U.lc
J
1S1.J
IS
4
US
IS
US
US
.13
2H
IU
US
Ki
ms 4
"S
te
12
i:is
4S
2P
U.lc
I A
it
14
4e
JS
2
lOe
14c
7.V
2Si-
Ml,'
17
1 t
2'.
1 le
te
2se
2i'.,-
lli
US 47e
as
:i
4.1,
tn,
l,
Is,
111-
ns'
I.'..
21V
"S
:.'
Hi
1 1
IS
Sill,
'
IS
1,1 .
in
SUi:
2'i
i'i
20!)
2ll S
07
lr.
2S
14
IS
HI s
IS
2U-
dle
lsS
IS
1
1'S
IIS
I'S
II.
ns
Hi.
MS
I
s'j
in
1J
l.'.S
J'
.te
'IS
lli
lli-llie
a.in
"i'a
,i
le.
2se
Jll,-
1 I'
ll'. 47i
IS :i
in
2'
43,-
i
Is,.
Mr
en its Sill. 000.000 common stock. Its
subsidiary, tin- Tort Werth nnd Ilen
I ver City, shows n surplus nfter divi
dends n mount in;; te .S2.075.070, virtu
ally all of which represent an equity
of the parent tv:id. It Is eipial te
.Sil.OO a share en the common stock of
the Colerado nnd Southern nml brines
tlie jenr's real earnings en that stock
up te 0.111 a share.
Till T
T.ltO.MAS fr.
Ph'lad. Iplua, I'n.,
('(IMr.lXV, Trustee
HOPKINS. Treasurer.
Ju! 12. 11)22. .
Philadelphia Markets
IV
whi:at
but tirm
2 red nlnter
ler Kuril' Us
nu'ited at th
IS
... III. 1.1
Mioe Aliiininum 7s . ,t
liien An.'""" ' "".., J'
Soen A'!.".'""'"4 ; -t"
,'-. .in A-i.l Am Oil D
UOnil Armour
& L'e
(1.1S
I "IS
HiiiS
mas
101
10.1
is is
I ' i s
:i7 .17
1 A 1 A
"-' 7c
'1S I'-1,
l""'S I e.l i
l"eS 1iiii;
llii'j IIHS
"i ini
leiS lets
eIpih 14 ISO htiih O'llel
loin In expert oentr,r Ne
SI 20 1)1 2.1 Ne 2 red wln-
$1 lOii 1 13. nth.-r i-r.i Iem
t.llliiwins FPhedllln nf ,l,u.
.-..liiiis .Miei siKiit no unner r-.i winter
Ne 3 iv beat, tic umlir Ne 2 ,N'e I whoa I
7i- under Ne 2 Nn 1 whom, lu und -r
Nn 2 .s'nmpli- lioeor.llnff d, .iialli
cnit; Horelpis. nor.-. I'lrmU h, II r-n-'ts
l-i oxnert K-Mitir--N J 7'l ' . '.i 7 1 1.,,
Nn. II. 7Ji,T, 73 Se. Ne 1 7iiS1i71Se dir
le'i- ler Iiinil iril- .Vi j j.itiiH sei sir
Ne 3 oil, no. 7111 --iie
,.Ts'-noeeletH 4113 Lush Trndi nuiel
m fnrmer nites Car 1 its as i le-atlnn
s i 2 Hhlte. 47fil7';i N. 3 white 4d',;
4 tl ' ; C.
I i.UL'n -P.er, lp' 4IHI In,,, i. in i , e..s .
I .") pern.N Ii. h i, ki 'Irnd, i-lmr ,n 'nrmer
ruin Thi- uuii'iitlnrix tntleu lvr IMi
II"- . pifk-.l In I le-ii. Jut. - ., i(M,r, ,,,.
tir stralBlu 1V-t..'n. S(p.n:ji 0e ,,
ne.mlv f:, 2.1i .1 .10. imr.l Mln'er sira'chi
, fit CITi 7. de shun pt'int. $7 . 7 10 ii-iiiv
fist et.ar $il .10i!i it 7.1 de iw.teiit ; ;,in,
1". short natem fsis2.1 fan. pinint
nnl i Itv mills intent fiml Inand. s 71
fi't'.e H,- Heur s.1 TSUI .l.in
I'ltuVIStnN.s Mniket nrni Ountnilnns
'. Hoef. In sets- Mil lied HI I atr-dneil
(s, p,.f Knui Kli s ,n,l tir.il. r. tn,-e,i nd
alr-.lrled 4!le pnrk famll 2sr. hatllH - 1'
eiiti'd 'no",, flefiaii .' 'klnneil. i.i.h.'. ' 3u
Hi 'Hi ,ln. de imolied 3'."o.'13e lutin., t. M!oil
I i ni Iepm lle pit nit sheuidi"-.,, . j,' f.,Jr,.,i
Ions. is, .l.i. snu li-d IP'., le.i'i, i, 1,1
ililde loeho 17e. IrialifaHi haeun "I,
lird no " '
HCTTKlt Mail et dull no 1 nl t,, jelj
Pr.e un h. nc -d smlil naoked , r. ain- rv
In tuli" liu.li-si erl-iit 3!l ti lie ih ,,,,.r
for JnhliinK sil,-. r-n ;is(- flr-nw wh .,-
j Nl'e, 3.1'.i nl.liint.' Illl s-. , M'-stw 3.T73.-,,,
HM-ends ;,ii ,, 3-'i -w -i oreniiii.-, i hi I . m
' li.ii.v. 3U-H41, U. lur.r for J t,,i,- ,.,
I fnlr te K.i.iit 33ii3Se 1 .,.- tr,i.l.. ..,
ti'.'t- rxtr.i prien ji.ltins- hi 111, 47c ,un-
isi'i-eliil fall bl.ir.di huh,--, fair 'e ,-no 1
1Pi43e
I CiC.s- -r i.;m m mill u.p, nnl
ll-m ,ih ileinnnd fair. sit.nr,j ,ri ,),.,,
'J7'.-e llmts 21. -.- en, Is. 21 '.. 23 Weii'
1 rn eira lln-ts 27'.. tlr.tN 2.-,. h, , ,,,, js
, 'J I ' ( 23" . fam 1 mil I ,1-si, jelilmiq ,,, ,., '
in loin In eirt, ns at 31'.;37e. and , v,. 1
'11 ,'tlli Inlr t.i I I 2H ' 'We '
1 ciit:i:sK i'n mis 1.0; 1 hm ,t, m,n,i nnu
ninili-.i i" Th- nn..- Inns ...w -,,, h,i
...II, t, .... .... . ,. ,. .,, . - " II
nun. 111 1- in,.. ,.'-',, .,, ,,,i , , i- ,,,
K1111 .11 i -ii -t, 1 1... i-Ki 'irn- .I'(l21'2i
Hi,. PaiKles. tresh Jl, Ji.bt nih- k.,i,
fane" iriin.ls. 22' 2.1e
l.lVi: POI.TIIY I'ual. ntt I eK0rn.. m,
i"Hii I-all'-) l'l 1, llii-l(,mi. , ...
2le I'nir lu ki.ml 2V' J7e t.nla Ich," ,
i" nrillni.- tn iiul.u Jii.'ii .snnnir r(, , ),
im mil le.jhni'is f.mj ia, ,,, ,,.-i,n
nod weWhinu 2 2' 11- ..nd- 3si, i, ,,.
.lull's ,-nli K011- 11. 11 l.i .-l .tin- muiII. r hI m
32 'I :i''.e siniiu , lii.Ki ii leli.iin f.iniv
fat . !l.i -sl.iim- .1 M,.i.li.im 1 t 11 i1H
eii.li 'Jliii.'lil.- ri.i'ni: i'n, ,ns I.. i:7inn,
ir 'll"i ies. 2,.ijsi .Id miHi'i, i?',, M,
UU' I,," " nil." . is'.i -" ' ... tin Inixi
..r. II 'is. I'lu-H.ii-., 1 1 j, 1I1, , 1,1
l.le 'Ulltf ilOI'i 3.11
liUi:.sKI Piil'll'KV P., r,,.,,,.
- LI Kl-'l 111 I'liM I W'IK'lllm- 1 1 j ,.
1 i- r al'liT' Jl"' 'i ii,h 111. I ,i,j,
im-iiv'1I1 .IS His. 2'K 'WU-,- 1
2Hii2" funis fl"ll-kill..il In I, his
l. .1 .. ..lr.l,..T 1 IK- ....
V ' I'" " "'" K - .'- Ml II,. I ,,.,
j'.i.'. (iKhn a lii .'ifn'.v , ,,
II J nnd undo, 22 1 23. . Iir,, n , 1, ,,,,
Wenl.-lli 3i'iI.1Si ,K, 1, un, .1s1f.,
pni.ii'i - , 1. -..,. .-.i ,-i.ru i"
S.iltle'll lidllSi sl'tlll' ill l.
2 1 ' 2Xc
Til Till. HUM)) II'- HP IHI. I'llt.'IT .1KIKT
(..(ih. II(I.M) IIP H II.KI.ll.ItKl; AMI
neinxu ai.i.i;i iiiAiiiiiN cii.m-
l'A.N:
Nene.' l. In rel v plven that tl.e under-sl.-ia-d.
undir tl..- prevMinns nf rtlcle IV of
the moitsake matin l Wtlke.i-Harris A
W'.n-nn: altos 'Ir.i'tiun ( uiniiaiiy te th
1 undtisiuriel 11s Trusti - te Miure an Issua
f 11 .ion 1 ei) el Flrwt XlnrtKHs-i- Kile Per
1 C-nl linnd u-cit.li h.iI I uimti.auii mi due
1 April 1st in Jl out i ox'eiidi.d at 7S, te
April lt. 1":u has i"-iL-r. -I 111 wrltlna at
I'liUMtoe under Mllil Illn-tS'am,.
T11U PltOVIDUNT t.II'i: AND TIllJST
I WM l'.. I
1'eurlli and riu'init Streets.
Philadelphia
Proposals
iln
1 of
.1
in. 1
il -d
"nd
11,4
dri.
.1
1,1,1
de d 1
In HI i
SCHOOL DIM'IUCT nl" Till: TOWNSHIP
of I'pn-r D.irh. I'oa-.i.ue Count;, pa.
S"inel propeMili will lie io.el,a at th
Itluh M hoel Hulldiri; of L'pp.T L)a by Town
ship, l.nnsdeiwie iem.U'. north uf Clarretl
renl. I'ldi-r lntb l)i.aie County. Pa.,
ur til s ncloek P XI. Idai .lnht-a iviiik ttmel.
Thursdiv Aurf-iKt a H'22. ler furnishing
ti .!. labor, in rn 1 ia. s iu., te cuns'ruct 11
1 , w -mlille ohm I lmiiillri; .n Walnut iilreet
near Mti ninth Mir. vt Terminal, Upp-r
li.iibv 1'OHl.Hhlp
Plans und mi. cinen-.inns can h elitalni-d
nt Hi,, nflli e ni Hi r no V Cintur. iirehl iirehl
tei t Nj 1111 1 St Tihen ilir.ird lIullilliiB,
Pli.lailelidil.i. Pa . ui mi pawn nt of 120 11.1
of v III' h amount will te retuiiieil 111 en r r
lelpt uf drauliu.'s and vu, cltkatlenn In Kueil
Older.
Separate lilils whl b"1 rorel,d for the ron ren
stru, tlen nf Hie liulldln, for the hcatine nnd
vi nil! itniK. ler iin- , iK-irii'Hi urK, and for
tl.e iliituliini; uerk then of.
liiili i-hull Im 1111.de In apoerdanoe with
the ter-rs in ieniiiiii"il in the Kener.,1 ren-
eiili ns of tin- hi ItleaM iih iik propared by
slid art hit-ct. and must be m LOinpunleil by
a eerull"! i lu r't as ieIuwh
' ItulMiniT 1 ensti uillen. thiea thousand
(laenill dnllars
lleatliu- md "ntllatlr.n. fifteen hundred
t$l 10111 dull its
1 1:111 trlejl serk. Iho hundre, (J.leO) dol
lar H.
Plumbing mull. 0110 thousand (flOOO) d0.
lars
All eherks will he r, turned te unnucceai
1 ful bidtlei e Said 1 ni't Wh in l,e made payable
tn tin I Hard nf In e. l'ncteia of I'pper
I IJiili; T 'i Hlilii.
The lle mi nf Si hnel fi re, mrs reserves the
rii;lit te ttj.et an' 1,11.1 all bids
All bids te b 1" il 'I and iddresed th
ur il'.riis-ne 1 and 11. ail.nl lbd-i for Mtone Mtene
hui m -' Iveiil "
1 lty urd. 1 u( tl" I'eard if S. Imni Director
nt 111. .sihi.nl iJistri 1 of tin, Township of
Upper Darte
J XHIIOV t.lTTZ.
Secret ijjr.
i',s'ii,un Vi u. pi Nin:Nn.in. jii
, R i-.iiiiiinuiu aie. Phil 1.1. Iphla I'enimyl.
,nl 1 s,ale.l t rnl'iinnls w'll be roeep, ,
'he nbeMi nuii'ii iiistiiuti.'i until 12 n'rlnrk
-.null. I lll-su.ij . .,1113
Mi:.T IM' I'I.iiV
,, ,,nil, of Al'icsl'.
'lee of pert-1 is-e Ireiulit ami nlni r chames.
m h'ii 11 tunes ami in su 1 iiiiiiitit,,. as may
u. 1 "nuiel nut if n ,t .11 represented, will
b lejuieJ i.M ,ntlii,. te be iniieHiie.l or
,1 iseil at lle 'lis letlnr. of tha Heard of
nsp,- tnrs The Ilnme, tms r in the t itfrlC
1,1 leje.-t mn cr all ll'H iiweei an tiny
inav 'teem til- the lest ItlteliHts of the
1 isiitiuinn
ItOPni'.T I XI. KUN'TY Vanlen.
Mirifr. i1 11 i:kiiiv i.im.v tmat'tiik
tl-ne tui th ii-it e' Niiniaii-, for ihe
elect' 111 "f a I "' " h S himl llul'd lu; for
tee r.nreut;'! of IhiiHiiii.wii. Pa h heh es
tltniil"" 're iid.irti-, I ti le roeoiied en
J11U il 'is loon evieiid' I I.. July 21 Alt
nthnr 1 mi luieii" t" li" as rented lu the orlis erlis
inal ndei tlsenients
JIJMvIS'liilNN HOllin np SCHOOL.
Illlil'C'I'llllsJ
Hi iiiv iMiii'iiiriN' a .retar"
1 . .""Vm.k. (irriri ivii.MiNirinv. liKfT.
I s. ilel in.-inis lis II 1 e mehetl he-
'i'.i'i 11 M -I'll' I I'd tlliie Ilk-list 15.
I'i2, nl t' 1 i'i" nod f..r ,-. Mining Inlnni
Wnlere 1 ft nn tielni, i-,. IM.r te Chevn Chevn
lake ll.i li.' ur I Ml (Cb-saiienkw and
inn e in , -i i ' ruiiner iniiirmailen
imiuiini until r.- n'rlnrk
1 '.'.1. lU.'J. for furnhhln
t-i! si-pi t Iks fei j",;
'. I'i'JJ. Te be delivered
,ii n
en
Pemaiul
Cables
4 II'
4 ll'i
s 27' j I 37 S
CHICAGO BUTTER AND EGGS
I'hli-iiite. Jills 1.1 lll'TTKR Steadj
1'iennir.i extri.s. .1.1'ji. liinn illStf.'HSi.
ninniN. :i(if,i :ln'si , Hiiindiiul. ,11s
1'HlllS hIe.iiH ltii-elpts. in ',i ,.a,0,
flints. 'JIS'"22Sc erdli'lili tlim. 20Sl;t
21i'. niloell,Hii',ius, 21 Sl '.'('
ClU'.l'.sr: uni'hinR, d
Plll'l.THV Hteiulj. I'n" Is 2'."ai, brelleis
201" 110c, rmutem, 1 le
COTTON MARKET
I'rev, 1 lofe Open
.Vus-inl.
Hi nil or.
I)0(.oiiil,er
.liiini.il
Xlurcll
Xtav
Spot. 22 11
Nominal,
.111
22 111
22 .11
22 (i.'l
.'l ni
22 2.1
2J en
1 in
Hlch l.nn
22 41 2 J II
' un 22 ;u
!2 41 J2 ..1
11
CI eke
22 l'l
2J. I1K.0 4!)
2.' 311 "i ;i (
21 (IS 21 70
'-' 02 21, SI Jjt.oe
11 7.1 21 t 5l,(18
HEATING VENTILATION
PLUMBING DRAINAGE
POWER PLANT EQUIPMENT
W. M. ANDERSOIV
600-612 SCHUYLKILL AVE.
PHILADELPHIA
l)h Mi nil.
The, lli.ir.l of lil'i'i.i'i r im, (-01 lit
MAI. HtlsT IIIMl'lM' I, .. 1,1, ,iiy rti.
il.ired r'-mi' ir u'lirieri 1 1 v 1 l.-n.l f lv0
per lent in ' '"' ' "" ' 'I ' id, ml of nnr.liiilf
in-r .-.lit ' I. Mi. I' .1 I' .1 "u I; , r thl" Cern.
, H-llle UBIII s. fJ. t, Hlnek.
1 ,,1,-n ..1 r. e.ir.1 H t'.e Iiihe nf hiKln.11
lull 22'! I'.'2J 'I" ks ",'1 I ,l"j""'"
I II l)A IDSiiV 11.
I I "V. 111.'" K. retnrv
viimvrniN' "TO'mmv (inii'ixY
t
! in
1
! I
I 1 ...
j -
nl Ititi 11 Piil d te, I'hilM'l. Iphlfl
1 11 y 13 llr"
, 11,11 rd if I'ti.'.rM Int, II,,, ,,v";i-,
.,) 1 I. mi, ur .,,,,, ,1 ,,j,,, ,, uf JJ "7
,,11 ,h- ir f, 1 re I , jut 11 1 Hloeit of Ihll
.mi in- .I... .luit it HM!. t,;n, ip':
d HI", k' I M llf in I 1 t 111, ,.fc,l Of
."-" in ' '" ' ' "in Ii inn led
N W Ms I M'i. I' Trnnsir"'.
Ml III ''iSfVII -"
1, .11 .,1 in 1 11 i ,li irml nf in,,. ....a
(lu.irliis I'.r tent (PS' 1 1.11 l hi Cum.
l'l 1)1 It At
s p
r 'l In.
, 1 nn Mi 11, -1 ,11, One uml
!.'' ) 1. 11 Hie I' e rr i
li.lliy Auif. 1st. I (J J J. In mncltlinltlrr
remid nl Ihe llOM, of bullle July
1222, Transfer boeka will net ilenn
PIKllJUJ J, OUlTll. TliKiurKi
nl line Kitlf ;.rr t'fn
uf
lib
J
m
"&
J
w
m
m
I
I
5fi
syr
1
2U
t
t.rjfJi
S