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EVRKJLXG- PUBLIC LEDGE PHILADELPHIA, VKLDAY, AUGUST 4, 1922
Portland Railway
Light Power Ce.
lit & Rtl, Sr't Bendt
Due 1IMJ
lf rnnyvnnie Four Mill Tax Relandtd
secured by direct first
mortgage en mere than
75 of the Company's
generating capacity, in
cluding its largest hydro
electric plants.
Price In yield about
6.15c'e
Circular en requft
The National City Company
Philadelphia 1417 Chettnut St.
Atlantic City Chalfonte Bleck
1225 Boardwalk
MARKET
WIT
Havana Electric Railway,
Light & Power Ce.
Qen. Mtgc. 5 Bends
Due 1954
Cempatn furnishes the
entire electric light,
power, pas and street
railway service in
Havana.
Net income nearly six
times bend interest
charges.
Price 85 and interest
Yielding about 6.07
Circular upen request
Harris, Ferbes & Ce
Pine St., Cor. William
F1EW YORK
PHILADELPHIA OFFICE
Wldcner Bldg.
Telephone Spruce 7040
T
SETTLED TENDENCY
Operations Narrowed-Down te
i
Contest Between Peels and
Roem Traders
New Yerk, .iir. !. Senlping nper
mums of the professional operator
mmli up the bulk of (he trading in te-
'ilnj's stoek mnrkel, uhleh, In turn, kept
Hie general llt in the new fnmlll.ir
' i liiirni'il reiulltinn. Wrivps of strength
.Hid hem mess lollevetl in nulek one-
. einii ns result of the content between
dip peels niul the room triplets, ivhlih
i rm tii'iill i-ntli'il In n ilrttvv, tbeieln
il"prilnK the tn't cliHiiges of imy spci'inl
"lutiirlr.itii '
i Iri ;i-leiin tlnrries. In vvhieh :i '
eiliiti'il i-sms weie bid up or ileptes-eil
iipp.ni'iiih hiiil no connect inn wlmt-.
level with i lie eusting sit nut let). The
I inii-il position of the short Itifetest
' ln-mntln in light In ihe lute milling ves.
' ter.liiy evnlei'tly was corrected over ever
iiiijii In nil events, the urKi'iU tie
tn ii n 1 from ih.it clement uns net con- 1
Mini'il ;it the opening, iiltlieugh some J
t'evv of the pi-i nlntive i mnbliiin lout en-
dcivnitil te i)ee stocks ltl which tlli'Vi
." i in (I te higher levels, while I
I . lr;;e temii t unlet were open sellers '
en tli. .ldvani'is. The tneie important .
iniiiket inieiests. Including the Utrsei
, epi ".ltefs, a- well ni the pi, bile, found
. le'ilnns te nl i op their waiting attitude
1 i endnr.' snijie new turn In the renl and '
ii.,ilteni strike siitiHtlen f sullieieiit tin
leiitaiue te change the trend ler hotter'
or worse .
I'xcrtiiglif ilcvelnpmctrs, however.
wee tim without cetistrin live ele-menr.
Anion? theii wete the statement of the
Kedet n Iteerve system, showing a rle
in le.etve ratio te the highest tigtirc
sin, e September ''! . 1P17 rredietlnns
mule by Snmuel Vitticl.iin. president of,
tli" I'a'dwin I.oeeniotte Works, of n '
In." fall lm-ilir- despite the strike?, te- t
niMil mere tli. in passing attention.'
' Si. 1. 1 In" ii I'.ii iln- s t till etder could aim
be in, 1 .iled in the category of bullisli
linn, i in tinti While nilv n es collect mug
'the stuke -tt nut lull were celitlielinK.
tin mirket eemuiunitv maintuiued the
s.iuie win iiisns; deitee of eentldrnee
that -ettletneni of Inlief ditlieultles was1
in it far off
Si. ii ks in wlich there was n pre-'
"i tine short intetesr made i;oed head
w.i in the initial dealings, eKewhere
u iilnie hewei tli,. same ne-itatlen.
The marker turned lieaiv ,n i ,t tirst
le ir as re.'il" of the freh pressute dl
teited (IK 1. llr oils. tne'Ols uu 1 th, ir i
nei essi rle. Tiv.aiil neon the sellit j; i
tmiei.ien' wti i'i kid and a liri k de
tnatld et 'I Ii nemewtie oil .Hid blll '
, grade speeiultie-.
i Meic.iii l',le wa a field e' in-
test tietweeij tun peels atel trnitri. ,
Protection for
The Private Invester
is afforded by the large
investment banking
houses who have at their
command the services of
trained engineers, ac
countants, merchandis
ing experts, and efficient
lawyers who prepare re
ports en which are based
the opinions of the bank
ers as te the merit of any
issue of securities under
consideration.
I.einz tirt fereed up -'i tiein . then
ueldin; !l. Cern Products was ste.id
i 11 v bought and advanced te the new
1 hmli reeerd, but was in supply en Itsi
j mlvnnee and leaded. Weitetn Union
. demanded special attention becnu'e nf
the continued absorption, which car- I
I lied tt up te ti new IiIrIi for recent i
iiiir Theit. was a. demonstration of
sttenjrth In Ail.iui" Kpre. which
zauied "'i. but no informal li.ti mild
he nhMi'ieil -is an special iiueinne
i for tli: nniem"ti Studebaker moved
w.'hiu n ii. new pinse I . S Itnliher
! was d.ie tiv .ntiueiieed bv siatetnents
made tu i minei tnm with the leamu-t-!
inetit of luti n entlneiital Kub'uer. wlib-li
leteried te :ule condition .is beltll?
mfaeiable. and Importance wis ,n -
i i I ed te "he ilei line in cuttle rubbei
'e f.i.i'eeti centw ii tieund. There wast
.lttle te.ltllte te lie raih'O.lll lis , siiinf
of these wtfii-ks belin; III Stipplv frnlll
tee.'iit buvers, liur their ineveiiientw
Iwete narrow and i liange were witli
, mit special lmpnrtance, .iKIieurIi St
l'anl made new l.lgh gfe md arimiul
midda
Hemphill, Noyes C& Ce.
Member j A'eiv Yerk Stock Exehant
Franklin Bk. Bldg., Philadelphia
New Yerlc P'uburjh Bosten Scranton
Let Ancclci A:bay S.r- V Baltimore
WJm.nitej Lr'.dj-pjr;
Commodity Markets
Bends for Investment
Liberty Bendt Bought,
Sold, Caahed
F. P. R1STINE & COMPANY
alntUabrd 100;
Widener Building Pfailadclpbia
Nw Yerk Eliubetb. N. J.
Slrmbfru Nw Tnrfe anil I'lilladeltitila
htack KxrlMDEta
GRAIN MARKET
t Ilil.lSU. A IS I Selitlll.i i,i In the
ti.i' '.i.nkit tinned -'lenirlv te the
Imll ide i.v.'iiisht. and pi ices at the
pet.. in; wi'e turner, with jnlii lit '.
ii h A b : IiMi wtatement of 1'ies .
nt- Mai-i'h if 'he i ineur (ir.iin Com Cem
I a in .i'ii i ted wi'i" attention and a
S'eit deal nf importance was nttached
te .ncrea-eil i einplaltits of n crewuiK
-i.it city nf i ,ir and tinner cash pie- ,
ni.tims. while ve-terdav's ejpert sules
very estimated at about 2.000,000 bush -e's
The advaniv Httrattcd auite ne-
i p,l!nK. however, and early In the
lav the market was subject te reactions ,
,.nd l. plii Mil a nervous undertone. j
Cern started 1ke te ' je hljher with
w en' and en frars of a fflllln- off in
i tic movement and, eaily in tue day,
;.e ,1 most of the jialns.
Hi'- advani ed 'C te ", in svmpa
'I v u "b the ethei- mm kets.
I'niv l-lelis weie e'l-ier nil n decline
t ini te :i.i ,n i.tverpi
3n GcnttiuLeu tBuuncj
SO 1cau,
-s til
IOVIirv r CO.
W"f)S A?S 4 "PCjr tC
BN'KKRS L BrtOKKRS
301 Chestnut Street
meil ham.
I-.. -
I n.'.,
l JT-.
d lair) nil. I wiak-
nA
.Tl
1 114
!.....
1 I J
an'
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. i I fisi
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'J 3'.
1
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M.
1 nsv.
I I.I -
NEW YORK STOCK EXCHANGE TRANSACTIONS
Only Afternoon Repert in Philadelphia Quoting Full LUt
S.i Irs
8100
300
130
100
tee
100
100
600
100
600
1700
030
1-)0O
300
tPT
230O
105
100
P03
800
400
400
300
930
600
200
100
400
100
400
ue
tee
700
100
1100
100
100
100
900
tee
300
2103
4400
'C
1700
600
100
400
200
200
2700
700
100
200
300
200
200
203
700
400
200
100
500
1700
2103
2700
2400
3833
3603
930
1630
100
930
330
303
533
100
103
700
2600
700
200
1030
1103
9200
100
2930
100
9730
100
6403
103
630
1100
400
100
333
430
100
100
200
300
800
530
100
1100
203
233
400
100
2603
100
100
6630
POO
100
630
530
2330
100
1030
100
100
7'0
3OJ0
2)0
530
330
200
100
103
1C J
100
100
800
3103
500
600
8 JO
103
1403
203
3303
700
Plv.
In (VrOCK Utah 1-nw
.. Adams Express.... 72 H 6814
. . A.1ax ntlbbcr 1 1 4 1 1 H
Allied Chem & Dye 71 i 71
4 Allli-Chnlmers 53 'i b3U
.. Am Auric Chem.... 37 U 37 '
Am Beet Sugar.... 47 47
.. Am Besch Magneto 35 J, 3D
. Am Can 60 59 H
1- Am car A Fdy 172 172
8 Am Impress 138 138
7 Am tee 1134 111 '4
6 Am Ice pf 95 U 93
.. Am lntern.it Cerp.. 40 4 W
7 Am La Kr Un pr. . 101 i 100
.. Am Lmsecd 34 a 3414
j Am iocemotlvo. . . . 1 19'j 118U
5 Am Metals 45 'j 45 2
7 Am Metals pf 108 108
4 Am rtadlater 104 103
.. Am Pafetv rtaaer . 6 '4 614
.. Am ship & Cem ... 18'i 18
.. Am Smelt 60", 60i'
1 Am Smelt A Hefln pf 98 '4 98 '
3 Am Steel Foundries 38 ' 38 1j
.. Am Sugar Ref 82 81
.. Am Sumatra 40 J4 40' j
. Am Sumatra Teb pf 62 'j 62
5 Am Tel & Tel 122'i 1221'.
12 Am Tobacco H . . . 144 ' 144'4
7 Am Woolen U0 U 90
.. Anpcenda Copper .. t3H 3H
. . Aisets Kenllzntlen . 2 2
4 Ase Drv Reeds 55'i 554
As0 D Geed 1st Pf 81 81
15 Atcli Tep & San Ke102 101 14
b Atch Tep & S F pt 92 92
. Attan lllr & Atlantic J'4 3U
" Atlantic Coast LltiuUO 110
. Mlantle Fruit 2',j 2'j
Ml Gulf A W I 3 S 32 i 32 H
Austin Nichols .. 26 26 i
7 Haldwln Locemotlvol20 119U
Baltimore Ohie.. 57 i 56 M
1 Haiti & Ohie pf . 63 'i 63 '4
Harnsdale A .. 33 '4 32
. Harrsdall Class n . 26 25 '4
Heechimt Packing . 32 32 14
." Hetli Steel B .... 77' a 76
.. Beeth risherlen ... 0'4 8'4
5 Broeklvn Kdlsen 1 1 1 '4 1 1 1 -i
.. Bkljn Uapld Transit 25' 24 '
. Bkljn It T ctfs of db 21 21
Pklvn Cti'en lias 111 111
5 Burns Bres . . .135 ,34
. Butte rnp ft Zinc. 7i 7S
.. Butte Sup Cep .. 29 Ti 29 3s
Cadde On O & R . 10 s 10
6 Callfe-nla Backing. 79'2 79',;
.. Califern'a Petrel .58 57
Cnl Zinc Jl Lead .. 8'e 8
10 Can ail an Pacific. . 140U 140
.. Carsen H 1 Mining 10',i 10V4
Certo-de Tajce .... 38'. 37'
(5 Chandler Meters .. 60 U S9
4 Chesapeake & OhIe72rj 71 ?
.. Clicace A'ten... 12 ', 12 .
. Chleaite A: rtilen pf 19 Ts 9!'4
. Clu M'l & St V .. 31 29'a
. Chl Mil & St P pf . 47 7i 46 H
i Chl Si Nert'nvestern 78 77 '-4
. Chl I: I .t Pac '4 '4 3'
7 Ch, .-t V M & O pf 97 97
. Ch le Copper 21 h 21
. Ch'ne Ceppr .... 30 30
5 Clev C'n C & S L pt 96' J'6Vi
4 Ceca Cela 70 ', 70
3 Cel & Southern 47 'i 47 H
.. Cel Fuel ft Iren .. 30 's 30 "
.. Celum Gas k i:c. . 92 "a 92
. . Celum Graphopheno 4 i,; 4 'a
f, Cetnput Tali Hec... 8 67
. Consel Cistar .. . 35'4 35 U
5 Consel Gas 124', i:4i4
.. 'one1 Textile . . 10 9'.
4 Cern Products Ref .110 1CP1
7 Ce-n Pied Ref uf 1'7 117
:u Coatlen & Ce . . 43 J4 4? i;
7 Cosden & Ce pf . . . 95' 95',,
.. Crucible. Steel 53S 91 '4
7 Crue'ble Steel pf . 93 93
.. Cuban Am Sugar .28 .'7S
7 Cuban Am Suitur pt 4 ',, S4 t
. Cuba Cane Sugar IG" '6'
. Cuba Cane SuaMr pt 40 T, 40
.. Pavlsen Cliemlcal . 48'j 48
.. Debeers C M'n Ltd 21 21
Delawarn i Hudeenl6'i 'Z5
Del Lack & West.. 129T, 129
Pu Pent (K I) Ce 135 132'i
r.astman Kodak new 751,1 IS
Klee Storage B.it 4b 46 '5
. . i:iU Hern Ceal . . i0', :0 ,
.. Hrls 17 17 14
. die 1st pf 26',; 26 1.
. Krle 2d nf .18 18
8 Famous Players L 85 f 4
8 Flahcr Bwlv of O pf 86', 86
. Fislc Rubber 12 1?H
Freeport Texas .21 21'j
7 Gen Am Tank Pf . 98 98
. General Asphalt.. . 70Ti f.9'i
0 General Asphalt pf 1C61, 106'a
X Cfeneral Kiectric. . . 179 179
. General Meters . .13 13 'j
C, 1 1 -n Meters deli C 81 81
7 lien Mutem Wb 7 1 94 94
Goedrich B V """U 3G
(irav & Davis . .15 1 5 !4
7 G-eat Xertiurn pf . H3 82
f.teeiie Can 1 pper 30 30 n
. Guantanamo e i?ai 13 '3T,
.. ii ilf S'tats s , fc2'2 82'4
11. idee Mfg 22 22
2 Hudsen Moter Car 20 20 'i,
. Housten Ol ... 77 75
1 Hupp Motorcar ... 17 17
. Hvdraullc S:e(l 9 9
7 Illinois Cer.'-a! . 1C8 107
f 111 t.cnt Pf ' ' ...113 112J4
.. IndUhema Rf ... 3 J, 3
. Inspiration con Cep 40 40
. . Inter Cen Cerp ... 1 1
. Inter Rapid 28',, 28
2 Internat Cement . . 32 J2
.. Int Mer Marine . . 15 15!.;
6 Int Mer Marine pf.. 66 fcSU
.. Inter Nickel 17 1'!,
. . Island Ol u
., Invincible Ol, Cerp. 12'j 12'2
,. Jenet P.. os Tea ... 45 '4 452
. . Kansas & Gulf 4
.. Kan Ci'v Seu' hern. 26 1; P6
. Kav.su i'.i revv . . . 47 Vj 44
.. Kell Sp'.ngtie'.d 44 43 2
1 .10
V M
72
11-
71 1-
bl'i-
37-
47 f-
35 -
59-
172 r
138 1
113 '4 b
95!; t
40'4 -!
101 r
34 !4 ?
119 -i
45J4
108
104
6J4
18J4
60 -9R
1
38! 4 4
81 30 4-62!4-
122'4
144 r
904 -t3
4.
2
55 'v -81
102 i
92
J' -
110 1
2's
?2 L
26 -
120 '
57 '4
C3'4 '
2
26 '
32 i
77 ,
R'j
III14 4-
74 S -21
-
111 -I
135 '
7H
29 -10
-791-j
i
57 -
a
140
101;
"8
5" '..
72
12',;
19
30!4
47
78
44 -:
97
71
30
96
70 !4
47
20
en
Net
Clue
3H
tt
',4
'
U
54 i
',; i
4 '
"i ,
an 1
'4 1
3W
14
'
4
'
" !,
V4
14
4
4i
'4
- 1
- 6
- 1
-- ,s
.4li
63 '4 4
35 r
ir4ts
10
110 '4 f
117
43 -95
'
93 J
93 -
27 -
94',
'6 J
40
4e :
21 r
126
129 -135
75
46
20
17
26 j;
18
C4
86
12
71 ij
98
70
1C6!a
179
13
81
94
26
15
R3
30
13
82
22
20
76
17
9
108
113
3!,
40
1
28',;
32
15
66
17
12 14
45 Ml
4
?6';
46 4
44
1
1',j
1
2'.
" 1;
- 1 ',
1
Dlv.
Rales In t RTOCK lllrh
100 8 Kelly-Spg T 8 pf. 98 V
300 .. Kennecett Copper... S5J4
. 1400 .. Keystone T A II.... 9
100 7 Ktege H S 148
1030 7 Laclede Gas ef.StL.. 89 V
100 2 Leei Rubber 27
100 3 Lehigh Valley C5"
700 7 Lima Loeemotlva... 55U
IO00 ., Lima rts 5'4
1500 .. Lecw's Inc 16
100 12 l,erlllard (Pierre). .162
800 . Mack Truck 57 U
100 7 M.iclc Truck 1st pf . . 88
200 R Macknv Ce 101
100 4 Mackay Ce pf.... 67
3800 .. Malllnsen Ce 39
200 .. Manatl Sugar 48 V
100 .. Manhattan Kiev ctfs 46',4
100 6 MktSItprpf 59l'
"00 4 Marland "Oil 39
00 .. Math Alkn'.l 48J4
100 8 May Dept Stores. . .121 ',4
400 .. Max Moter Class A 59
3330 .. Max Moter Class B 1954
,500 ; Mclntyre new 17!
230M l: Mexican Petroleum. 177
22 Me Seaboard 23
7200 .. Mex Seaboard Oil ct 21
IGOOi 20 Middle States Cerp. 1274
'600 .. Mldvala Steel 24
300 .. Me Kan A Tex (wl 18
'00 . Me Kan a T (vvl) pt 41
100 .. Missouri Pacific 22 H
,3,3 Me Pacific pf 56
,222 3 Mentana Power.. . 73 Ji
3200 .. Montgomery Ward.. 23
100 7 nt Biscuit pf 124
00 .. .Vat Cen A Cable.. 2
line Xnt Un Stamp... 55
e?22 6 -v V Central...... S7!4
-400 .. x,.w Yerk N It A H 31
600 7 .Norfolk & Western. 116'4
100 3 North Amer of 44
'03 ., North American rts 12
300 D Northern Pacific. 78
200 1 Nunally Te 9
, ' 0,,;a ''""I Kf... 2
,22 Orpheum Circuit... 20',;
300 .. Otis Steel 11
600 2 Owens Ret Mach... 37 '.
?00 .. Pacinc Uevcl Cerp.. 7 '4
3 '2 3 Piielde Oil 55
e,22 6 Pan A,"er Petrel... 76 '4
8700 6 Pan Amer B 71',;
2000 2 Pennsylvania R R.. 6
Z 00 P(,nn s.ll)04lr(, Hlee, 7,((
'7100 .. rrt Marnuette 3514
4330 2 Phillips Pet 44
100 .. Plerce-Arrew Moter. 10 Vi
600 .. Pierre-Arrew Met pf 24
100 .. Plrre Oil 7
300 6 Pitta Ceal pf egij,
1700 . Pltti A W Va 41
400 1 pond Creek Ceal... ;e
2100 0 I'estum Cereal P4
200 S Pestum Cereal pi..108
300 .. Predueei-H & Ref.. 37 J,
100 8 Pullman Ce 121
1200 .. Punta Alesre Sugar 52
100 2 Pure Oil 29
2033.41 Rand Mines 31
''OO .. Hay Cen Copper. ... 16
1230 4 Reading 7614
100 2 Rending 1t f 52
100 2 Reading 2d pf 52
1900 .. Remington Typew.. 37
100 .. Repleglft Steel 32
1200 .. Repub Iren A Steel 72 '4
100 .. Rep Iren A Steel pf 92 !i
400 .. Republic Meters 5
300 .. ReMieldq Springs... 28
9400 3 Remolds Teb B 48
100 7 Reynolds Teb pf. ..116
10036 2" Royal Dutch N V.. 53
100 1 st .Jeseph Lead . 15
200 .. St Leuis San Ftan 30
2103 . St Leuis Southwest. 32
700 . St L .Southwest pf . 50
200 .. San Ccc Sugar 4
4100 .. S.i.sen Moter ... 4
100 .. s aboard A'r Line.. 7
100 .. Sali Air Line pf . . . 12
3830 2 Sfncla r consol 31
700 .. Skelly Oil Ce 9
400 . Se Perte I'.lce Sugar 54
1830 6 Southern Pacific 91
2100 .. .Southern Rail 25
1200 .. Southern Rail pf . . 19
5200 4 Stamlaul O.I of Cal106
300 C Standaid OH of N" .11 &3
100 7 Stand Oil of N J pf117
13500 10 Studebaker 131
500 . . Sui, nuat Cot p. ... 7
400 .. Super'er Oil 5
203 . Sweets Ce of Amer 2
100 . . Tetnt Cern A F "A" 1
100 .. Tenn Ced A Chem.. 10
3100 3 'lxas co 47
800 .. Texas A Pacific. .. 30
330 1 Tt-sas A Pac C & u IA
603 C Tobacco Products.. 54 Vi
31C0 .. Tobicxe Pred A. .. 78
300 . . Tobacco Pred rts . . 24
300 .. Traii-centlntntaL Oil 13
500 . . Union Oil ?e
1100 10 I'lileii Pacific . . 143
100 .. Fnit.il Ailev Seel 38',;
200 g ft lted Fruit . . 149
130 .. Ctil- P.vvv liiv-; if 28
2700 .. Cnltfd Retail Mete (.3
2600 .. Unit Retal .or ,ta 3 ja
13J I'S'i I P A Fdv 35
100 . V S hid A cohel . f 2
100 7 V S hid Alcnl i i 95t
10C0 . . IT S I-oed Products. 8
400 .. V H Realty & imp . 70
6100 . . I' S Rubber. . . te
100 3 C S Smell R A , pf 48
8330 BUS Steel 101
100 7 C S Steel pf 119
1830 .. Vanadium Cerp .. 49
200 .. Var-Car Chemical . 271;
1700 .. Vlvadau Inc 10 jj
100 .. Wabash 1?
500 .. Wabash pf A 32
1000 2 Wells Farge Lxp... 81
930 7 Western Union Tel.lHK
500 4 Wonting U A M. . . 61
503 .. Wheeling A L !;.. n i
100 4 Whlte Moter n
103 .. WIckMlre Cfpenu stl le l-
1330 . Willjs Oveiland g tt
603 S Woelvvoith F W ...184
100 I Wetth Puinp , M . i-,i tt
l.ml U.inil
I.OVT
9814
35 H
8
148
89
27
65 54
54 X
4
15
162
56 54
88
1005;
67
38
48
46
59 54
3814
4814
12154
59
18U
17 "
173
22 !4
19
12
33
18
41
22 ?i
56
73
22 5;
124
2
55
96 Vi
31
115
44
12
77
9
2
19
11
37
7 '4
r4
74
(.8
46
6
?4
43
10
23
7
fi
40
;e
81
108
37
121
M
7.9
31
16'j
75
52
52
36
32
71
92 ',
5
77
-8
116
n
15
29
1'4
50
4
4
'
12J4
20
;
54
iO
75
.8
1f5
1E2
IIP.
129
6
5
7
1
11
'6
29
.'4
'4
70
-3
13
19
1 1 2
38
no
7H
t?
or
95' 4
70
16
48
100
119
48!,5
27!-;
10
12
32
79
110
61
13
40
luH
a
182
-1 'n
1.80
P. M.
Net
Oha.
98 5; - 54
35 b 14
8 ..
148 ! 2
89 (4
27 X- V
65 54 b 54
55 54 I 1
5 ',4 I- X
16 r Va
162 - 2
57 54 f K
88 - '-4
100 54 - X
67
38 - 54
48 -
46- X
59 54 t "4
38- X
48 54 ?- 54
121
59 5; I 54
19 I 54
17 '- X
177 - 2 54
23 - X
20
1 2
24 - 54
18 V X
41
22 ..
56 - V4
73 V f- 1
22 4.
124
2
55
97 14
31 X
115
44 !4
12 b
"8
9 :
2
19 f
11
37 r
76
71',;
46
7
35
44
10 '4
2414
96
40
i0',4
84
108
37
121
52
29
31
16!5
75
52
52 !4
37
32
72 14
92 ',4
5
78 '4
48
116
r:
K,
30
32
50
4
4
7
12
i0
9
54
- ' ' 4 -7b
-
8 :
106'4 !
113 1
11
131 !
t. -
5 -2-1
10
57
30',
-'4 -
14
70 !
24
11 :
20 :
14 1
38
149
28
-3
35
(2 '
95
b 54
!- 54
r X
b 54
- IX
X
1
NEW PEAK REACHED OILS IN REQUEST
BY AIR. STORES! BY CURB TRADERS
i 3
1
i
5;
1
;
Lecal Market Community Puz
zled as te Source of Sup
ply of Pennsy
American Stores repenting Ihe pel pel pel
fotnieiit'e of the preceding scsjlen wn
kltetl te n new lilgli record lit 1 l!l.
This was It points belter tluili jrster
ilny nml mnile a net Kaln for the week
nf mere than 11 points. The move"
went was again mntle the mere ie
mnrknbln because of the alisenre of
explanatory news ant! developments
which could be regatiletl ns of 11 official
nature or anything approaching Mich '
type. Seme profit -Inking nnturall.v
wsa enceunteieil at the higlier level,
but the mnilic! did net experience the
(illKlitest dltlicully in absorbing iitul
digesting tliesp effcrlnga with only n
point decline from the top notch. As
a mutter of fact, the turnover scaicclj
kept the leker moving.
l'entisylvania ltnilrend renialned In
Riipply causing n further recession in
price te -HlVi. which menus a decline of
10s points front the high price made
before the dividend was tnken off. The
source of the selling is nemevvlint of it
puxzle te the street and Is looked upon
us .something mere than adjustment of
a speeulntlve account. While the Fell.
Ing of the lust few dnys has net been
urgent It nevertheless was of a per
sistent diameter. In mine quarter
the idea prevnlls Hint certain specula
tive Interests who ncctunulnteil the
sleck a little ever a year age during the
circulation of the highly rolercd nml
lamentable peMtliuiatle miners regard
ing the dividend policy nre letting their
holdings go with the Idcn of getting
them back ngnln 011 the possibility of
the labor diflictiltleH upsetting the happy
fnmi Iv conditions reported le be pie-
vailing among the empleyes.
1 Seme nnmes have been fieelv men
tioned In this connection, anil in mete
conservative circles the feeling pre
, vails If any positive evident e exists
te p love Mich operations, the parties
I should be exposed nt the moment, it
1 was stated, they were parading under
camouflage of being earnestly and eon
1 -clentieusly Interested In the develop
I ment and welfare of the company.
1 A mere active demand sprung up for
I. (!. 1. in the lntter part of the
I morning, finding advancing the pi Ice
'te fi'J. I'hiladelphin Klectilc common
I inade n new high at .'illls. while the pre
I feri ed lested liitnlj at ill. I1. H. T.
ensed elT a slight fraction and L'nlen
, Trnctien fell back te :)... The henvl
! ness of this underlying company, in
I view of the relative safely of the guar
I nnteed dividend, continues a big tn.vs
1 tery te the street.
Standard of Indiana Touches
New High for Movement.
Moter Issues Quiet
New Ynrlt. Aug. I -A generalh
steady undertone prevailed en the Curb
during the early denlings tednj. There
wiis a further geed inquiry for Stand
nt (1 Oils, but price movements in this
group were mixed.
Stnndnrd Oil of Imllnnn wns ngnin
in urgent demand and told up te 10!lni.
n new high en the present movement.
International Petroleum, en moderate
offerings. .1 lidded n small fraction.
Cuban Dominican Sugar developed it
better undertone as a result of the pro
nounced .strength shown in the sugar
sit tin lien
The meter Issues were quiet.
IMH MTIIIAI.S
HUli
title
He
8. Inn ,i me font
iii'in Ai in.. Packing . .
L''ie Atlantic Print
sun lint Am Tei 101111 ,
Mho Ituddv Hurts .
li'Otl Carllale 'lire
7011 Cuban Dern Mir
Mini Durant "Moter . .
Kill Durum M f I111I .
P.'liu Oelilvvyii I'icturts
inn (loed.veiir Tire . . .
MOO llevden f'l.em .
line Inter Huliber
JI0') lvlta T t int tirff
.'. N .1 Zlne
anil Packnnl Atoier
atHi Philip Mertl.
lit" Pub Seiv N J imiil
t00 riaille rum
r.till lien. Tire Bub
ll'CIt Seuth C & 1 . .
.Ill Tectd Sblp
400 U S 1. A .
NTAMMIIII
SdO Angle-Am (111 . . .
ft On Atlantic r ihes
10 Imp oil can .
1"'i lllineli, pt
nun ,st tin or Kj -vi
in.
I,'.
1
!'
40
jn
l.ilrt
.Me
III,.
is'.'
1,'.
1
tl
3H
1.1
l'4
Iflll
P. .M.
11 ee
44c
."
INN
1A
1
311
13
1' 111 111
1 1 1
4 -IN
1 1 1
IPJ's H'.' 1PJ
13 vi l.'l l.'l
.nv in 14 inf
lit.i'ii iti: in.'i1,
Vi 1 .ik
. .'..Ie :.i Mc
.13i, Kle .Tic
i',7 an nr,
1 1 1
OILS
19 1", S
1 ft II '.J II
1I0'. llft'i 11 11 '
I'll inn inn
!'.' 'IS n:.
.rAev.y
i"f
esrtAir
Phila., Newtown
& New Yerk
R. R. Ce.
First Mortgage 3 Bends
Dated October 1, J89t
Due October lt eja
GUARANTEED PRINCIPAL
AND INTEREST BY
THE READING COMPANY
A first charge upon the
Company's net earnings and
secured by first mortgage en
mileage forming a portion of
the Philadelphia & Readin
Railway Company's short line
between Philadelphia and New
Yerk.
Meedy's rating Aaa.
Listed en Philadelphia Stock
Exchange.
Price, 77 and Interest
Te yleld 4.80
Free of Penna. Slutc Tax
Harrison, Smith & Ce.
INVESTMENT SECURITIES
121 SOUTH 5TH STREET
PHILADELPHIA
LOMBARD 6100
Htnnd 1)11 ir Inil 1 tu ICU-i ll(i
INDCPK.NDKNI OILS
Philadelphia Stocks
int f,
Ship
Celli. .
Sirs .
1
im.ui
J. Am
A:
IICmAiii
Je. Hut te Cep
eOlfhAc Alten
MMKCMASlI'
I'tmtl'rtiel Sll.
::n!i i:bc ster
"II lien Aspli
liref. . .1(1
r.'tll-Nlauii Oil
ltl In Ce A .'!
.'ill', hit .Met- M
lilli; ltiMiirOil
111 I.eli Nav..
KHMev Pel I
llillll'.'ic (hi .
lil.'i I'eima It It
1 111'. I'enii Sbd
Si eel.
.ISO l'hlla Klec
.Till de pref . .
Hlih
:s!i-
1S
H.".
:se:
!t:iK
l(!:1,
Lew
:i'
is-
mil .
"'
ill's
::ii-'t
!i:s's
Itil..
1 IS
P M.
:;!).".
Nt
chl,e
1 I'J '
T'j- '.
PJ'sf
::ee44- a,
!i:Us4-US
IIP',4- ',
:,l
r-.T'.j
IS'
Ill's
7l'e
ri'...
e i ' ..
!(!
KM' ier."
;1',
1
is.
l -'
71',.
17'..
." 1 1 ..
1(1
:i7'....
l--li
Tli.j..
174'-
.-i..
d(!'
Hi's
U's
"0
l7
48
101
119
48
27
H.
l
32
8i i;
111
61
3'.
48
10
0
18.1 1;
-1
;
154
1
54
54
:ini I'biin i: r mi'.
(M) Heading. . Te'
1,'OlltHev nebis
Teb II... de,,
Kl'.Skellv Oil. 11
ItltSiiper oil. (i
"."CIVmis I'mc
C ii.. L'l ',
l.'l.'i riiiniiTr.il1 .'Hi'
(17(1 I (i I . . eL'
le de pief. . .-,:,
ltitr in ai ii'j..,
111'. I' It'ili .-.71..
li'.'iir s sieei mi " iini
Kill Win lS !l II
no
:ie
"' ' .
Ii
.'!',
:i!i'.,
:.P'.'
:!fii's.f
'tl ..
.".ns . .
7.-... .
is?
!);
Ii
s
s-r
Jl
:i!i'..
t Net
Kjle ull
ll ' lilt
New
111 iile Ijv
Vielv S'ml,
'j-'"s tlll'..
.11 ij
101 -
II . .
emi'At j4,jn with
Kxi h.ince.
"00 AetiM
!".0 Mriin
llilln Am KiipI ...
Slllill Hnnne till
Km Deven Wviiinlnu
"'in Cn rlli Svn,
lfin Cltle,, Hrvli..
r.ue Cities crv t ct.1.
tl'lOO Ciifhlnif 1'ue u
i'MiO llnir Petri.lcutii
It'll llqultv J'eie inef.
unci I euerill Ull
301.0 lluilenn Oil
limn I! t IVItei
llliOO Kevslnne It.dlKel .
i'OU l.vens Pet . . .
lIH.lt .VHrneiilb.. Ml)
Ilia .MsriHiiil Mev, .
1 nOO Merlilim Pet
Dili Merrill Oil
'Jen .Mexico Oil
Him Mutual Kef
4011 .New Hint Pud. . .
anONew Met l-anj ...
limn Xnhie nil ....
Slain Ohie Itang.ir
Kine Dinar Oil
Dm Djan Cens
Win Sapulpn ltef
'MO 'hel pn iwef
."no S'n.ins Pit
Stt'ie Seuth P . K..... !
Snuih St Hefl . ,
Itliflu T.-vati u A. I. , , '
.'It 0 Turninn
lsfm w,'10 en
Dien V Oil . . .
MINIMI
Diuii m Cm
-HO ' III i;i r, ,
.lllill Kllf l.. Isp
I'liOil Hint X. Jnvct
I'.'Uil ',n, t ,ir,t i.'uiih
ITiiilO Cnn.1-1 Mlti
l.leu i mm iv,,, t . .
aim Ceiii-! Sll,,. Sll,,.
Tueil li v lit,. Kxt
Dm Deleies i:....
.Mum 111 S.iiv.nl ii .
-e() Ml KjreK.i l'lf,p
l'.O . I t 1 II Tl 11
I'm linjstl. i,
1! lie, I., Mi i, ii,.
Ten It,. , suri,i . .
...Ull lrieniMl I I
Dill Ivn I.hI.p
luiii. Knox Dl, ,m
Tell I l.i II. M,i . . , .
-ti'l i Hliiirlu . , , .'.
niiiiiituiil h,.,,.i
limn iii,.i i-, ,,
l.'.IHI Hill 'l..i Vi ' '.'
i'Piiii Mi .N.im.ir i .
:iunii .M.irkh Min
Dm Miimjii iili-v
1 tan Mutherlnde C . . .
aeni, ntlim., Tin . . . .
lbOU Xevnilit Ouliir ...
SUD N'lplaalntc
lllllll Ulllii Cepim
Dill Mielilen
lOO Si) Am p i. Ii
lUilU Sleuint Min
illllil Slid, '- Min ase
I'lOTetk Hnnlies tjil,
1 1'niii.inili c.ihli lint ;,-
Jim 'leiir,n,h Ultlil.. T.v
Tim Tiii.'iiinin, . . . 7:,,
Dien Will, it ., 7,
Jiimi N.ilii.n . . ' .' 7,
lllllll Me.l'l . ,i,l ,
J
1 Hl-Lte
ISJ
IS'.
.',0
J.'ie
1 1'.
,'i't
In
Ji'
i-i
Tile
-'I'.
.1
4e
".
1
til.
till
"
inc
a,
HI
'(
til!
s
lite
1.1
7u,
I'.
:i'
le
I ',
II.
Is,
I ,"
111-
' i'
i j,
l'.ir
1 U'e
7 si
rs
ei t B
SO S
! 1"
Ic fir
-Me Mi
II'.
1'4 1
1.-. Dl
-" L'ii
l.ic lile
Kile (Hi
im'n ill '.
.1 ft',
Ii le
-'. s
I I
!l' 11
.'.'ll, .-.11
-" -''
Hi, Ifi,
le :(,-
tu it;
i: v'
WHOLESALERS
Bankers and inveitment
houses arc invited te uie
our service when desiring
te buy or sell any Govern ,
ment Leans.
"A Natien -fide Market"
COMMERCIAL
TRUST COMPANY
Member Federal Itcii-rve System
City Hall Square
DM
l.'l
I.
I "
I l.i
P..
I
ill,
'V
I Ji
ll
I
ill
a.i
17
1
1
.1 P!
I P,
IIIINIIS
ll- . if.
v vv
l.p
lllll.ADKI.l'IM HOMis
.idem :'.i.,s "17
'! -I'is Ml! ...
'bl ls '.'IS....
Ith d',s 'U's...
-Ith I'is "lis. . ,
lib M,s '.".S...
jii
1 '.n
b 4
DIVIDENDS DECLARED
i
r.rethci-
usual etr
Aviujai ...
HEWBURGER,
HENDERSON & LOEB
Members Neie Yerk and
Philadelphia Stock Exchanges
1512 Walnut St.
j'i i
TTnl... I r cur s-,,,r
IU II 11 .t l 1'.
' l,'. spnte.nher ' "
.llljjsl 31
i M-irtnnl Citmimir
' i n erdie i- HhrtiH, in i ,
ii.. t c-a i
iHllllll'l i ' ' ' "
, ttli.e . , III 1',
ue .i pr
i-ii,i l.n'h
ri.cjr,l Auc'ist 10
mi,ii ' V iicniu.
i.- i,ref-rre, tmv
i.r i ri
. hu I.
I t.-nl
mi; I '
f 10 i r rent
j.er i -nl ter
iij i r i p i
11
, or,
1 1
1
RAILROAD EARNINGS
. i
C. S. PATTON & CO.
3D i ( lll.1M I MS.
BANKERS
siirrevsiirs le
.All.i:il A hTi.W.NMIV
UnniN anil -terka Heusht imrl salil.
Memlxra I'ldl'i. $tnrVi Kirlinniir.
New
VVII
III-
COTTON
in u. 'ic
MARKET
-The ceitiui iiiiu'-
a-;illl ninlel "illslller.lllle .i'i -.me
at the npeninc tuiliiv .in
I I I I s ,,- 1 HI I'J pel'l' 'I lie
I , .,., ,,i -iil-es -veie i, if l.llj:-
s, I'i i - it'll '' ! 1 bt hopes of -li ,'v -.
mi tin- Suiiibvust nml the i oeler
lllllll- 111 Oklmielim The Clbles weie
ii i- than nail l i u due. mid l.ivi"--
.iiin
V.
I . N'.-
I., I. 111! I. v
If!, -
.it,.
x riien i,
.Ni i'i','
De '
v V .
'Ull
n i riff
ITV siiPTIIKKN'
...urn and Ti.r' .-mull
ll-JJ Ii
l 7el .'."'.I
js.l tsa
e 71" 177 '
- 1 CI l.i
.7'. sO'l
JI Ml.l
17.1 7JI
'.I'i - -I
EAR SILVER
I
In l.i
VI
High-Grade Salesman
Iln.
at,
n lai institution
U and LenJ man
Old elal)lliihe'l
. . ... .,upv I1V
Sffi'hi0. VB'r ii1- rcisrrnc. cl....,d.
X.I lrer.n?.ri. .... ,...-.OBOv..n.
4, in a I -" -----
ttl
LOCUST 7270
I pi.nl and .lii..m .nten-.ts vvete the
. Iiu-t . it lv bnv et -
l.ati r the ii-l ill'ipped In a net less
nf .'111 te III p.'lli'- iivvitij In i eiitiniieii
llii'liilatmn.
V . . , ... mien I p M
i h. -I 111" I" J1 'Is 'Jl J'.i
N Veil, -I -I .(.'
. p I .'I -U'l "J J I t'l '.I 11
t , r u i . 1 Ufl I'J Jl II Jl 111
,t ,i r. -I .i'i u 41 'J I .'1 J l J"
vi , J I J" J I .'I
NEW YORK COFFEE MARKET
Nevv liirli. Auj I -In 'he i ..Ifee
Rav
Sugar
.
Active and Streng
i
tllrrrt trlrnlinnp reiinrrtliin villi, enr
TIlAIHNl. IM'.IT IN M. iHIIK
A.. A. Heusman & Ce.
llttnb':V3 New Yerk Stock Exchange
"It Bread Street New Yerk
LEE, HlGGINSON & CO.
EatalilUhrxl ISIS
hobten nsw von." rmcAae
1306 Finance Bldg.. Philadelphia
(mires maiket til's mniuini". iraillni;
ii ue.i i iiimitli- vva- n.";ei ted tt.in-.n-'hei-
en rhe upeii.uj; inll In inc iiiiilimd
le shIck el M mi h Muv nml .lulv. with
tmceM tiiieliliuxed 'n one pniiil blcliei
The sD'adv lone v ns pnihal.'v inoineteil
hv the rather llriuer shevviiuc of the
jirinittiv tnurUets
Traillni: dm iiib 'he foiennen was en-In-elv
tee limited le siiSitcsi llllv lirotlit liretlit
iii.iiu' of ln'i'iest In the market and at
I in ililay prl'i's weie at iiilllnl li vei-
upll-
New i.rK.
U(l I" .nt v.
xus-usi .nei ; '" i"
a la-Dic in i
t-H-.Till. .itt-rf" t
l,it n Iln i s i "in,
r- 'I lie S "I "
l.uurthi J.', 'i'i" ' "Bi
ment at I H '"
.",. nun l,n I of ' "
hlprnpni e it l-l I'"
I.1M I"p, up i ..in i
17 nei, hut,- i f
ment en it' "'I
10 iiuu I, u '
a lift, r '
talf Auaii'
fi.ia'it '1 l
i iM nyeil ,v
Ull
I I h mn -II lee 11 11-
-MllA- Wit. I C'jilrt- f t
.ei btituineni iiiiui. .1 at
.st .in I f r icht gi
1 m ..l -iXMII Hell t-'i'l I" I
I ' il , It lie m1'' l.i,
- v 1 1 Hi lining i '"inp '
I ul.as fei .Vll.'.'l't ll I
jni aiul freiahi anl
- "ii--' .,ed Serteli. I, r
- ..-i ,in 1 flelrhl vitille
It , ' Kip i nnptlli ii'niiint
AUHIisI .I'm t-. Iitellllii" llli
HI tlSel- ll "I'-IJtlM I, i.tl '
uhl f'T Auuuiit mailing a'
Hll 17 l.'lO hogs Cuba ee, ulnl
at .1,1. i out H n 1
tin,.. I inaiket uu
US 'J pe i.eilt f0l
xhltltnei 1
uu 'I I
ii. 7 D
pi'!, cs
lillUSI"
'h
w
Savings Qifarimtnt
Firit National Bank
Mt FHILADSUHIA
mti
lllllinl
.InbblllC beuses lepeiled a inun
lins'ii feiliir; n- te the out oel, for
' tie-- III i"l celli "
P e,
te, iler
.Nnvemlif.r
Pectin r-r
January .
March ...
May ,..,-.
B14.
i 1.1 If 4.1
l!l '.Oia.M
j nwij
Ji.snwsa
;i.:e
lie l
J I IIS
J I 3.1
JI.DI
21 41
"!".
; 1.3U
bll-
t
Jl Jl
Si ir,
:i ii
31 ll
Fair Demand in Weel Market
Husten. A i- I The Pummel lal llilieini
inneirniv till, m A fall dttlllan-l has
t-rpn In ivnlpii'p In the wool markei Uu
t .ek vthi'h ha emhiare'l neanv all srai1
at steadv ,:.'i. 'the iipnilnas or tl. Ani.r.
I an Wni'leii i nninany arparemlv mi- U'liii:
IttPlvltil i'h ,t fall il'Kiee of HUeieis Hint
in,- is B,tin ih wool irarle niei - 'nnfl'l'-nn
i. L' ..rm ,..,iir,,,u enll la uncertain, but inn
rulTU'eiulv e ie au;e anv prl.e
ru . . ... .. -. ll-n ..nil. utYl ilf
lll M.J.I1K l rripiiiif-i in "
in inn i ' " "" i 'f m i" " r
FOREIGN EXCHANGE
nt and Nevv Yerk, Aiur. 4. At the opus lili
putalila I e ,1.,, miii-L..! t,,e fneelLMi evelin ni-e.
local biislni-s wns at n niiliil.itiai tiiiil
the qitot'iiien- vvite meiilv a lellutieu
of OplUHlleIlM at lei-elmi llnnr...ll en.. I
let- Steiliiii; vv;- mi, h.injjeu ,il the
lllill of tills Weil., ft. I llis slllUVfd a ie-
ai r Dm of - iniic s . Helian- ,11111 ,-sv.iss
weie down I. Neivvay iluvvn 7 and
panihli, Hanisli ii ml r-ui-iiisii uu
i handed. I.lie wue up I ' . in n new
hipth fei tin" vveik. anil Kiiibbis -uevvel
.1 pain of '' peilil- lnik- wile Willi
In , of .vi-teidnv titinl at l.'!- This
show ed n l verv fiem the eMreine
low of 1:. 'I hue was a Keneinl in-
il spi,-ii,n te tulll.e I ll. lllllll uu III- ieiil
.111; mole I ml' I mi (he leH'ipi -Uu. il ion.
Jiuitnliens weie- Mer, iii ,iilili- 4 ),i,
ilem.ind t I !'', . It.i able, .villi' .
i In- ks S.lll'l, . Iieli.1.111 Ulllle- 7 7.I. I
i In-ks 7 7 I1, ' In.- uilili- I HI '.
i li.-i l.i. I (il : vvi i a hi. . ID III . i In i k
IV lis; i-,t.'i i allies 1." ."', i hecks
l.'i. .'ill. Daiii-h i.ibh- 'J I ."ill. 'links
L'l I."; N iivv iv mil i . 17 (P. hecks I
170:!: Svvnli.li i.ibli- 'Jii Id iliieltt,
'J('l((."i; Rlllbbr I. lilies .".V'il .llllks I
:;s .'is
Tin- (Viitial Kiiriipi.-iu i i luiuites I
weie ii n-:riilnr today Itum.iiti.i was a
stieti featuie mi neiiuuiil tiiin-iii tlmiH,
while Hiilmulii was n -hade lower.
I'ei-hii-Slevakiii vv.i- -teadv (Ireek
vva- (.fitiievv Inn -le.idiei Aii-lil.in iin iin
iievei -i sli"p fie. linn 1.1 ..iatlelis
weie; lliil.iiia Us; Kiiiii.iuia. s" 1
Slllllll. l.'Jl lileeks, v.. HI), t'eihn-
Sleviikla. -'.l.'l'.. .liiKu-Slailii. :iH',:
I'lill-b, li'li'ill; 1 ii mink-. Jill Am
1 1 l,i .llOL'l ; llutiit.ii v. Hi... I, id
Tin- pii'iiiiitni in i N .vv Y"ik i i h inge
in .Mentieil leilav v.is 'l-l'.J per inil.
The dl-i iiiint en Canadian tuml- in iIin
illy was fuitlier leduced le "-111! tier
Ph"a. Federal
Reserve Bank
t ih c',".'r"" or rnr.J'tlen of ih
1. -'---nil n-i-iv Mlink
... ..L,-'.,".- .,,,K ,! j ,0j
UK
iidm .nl
1 1 ri. .v.
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l'..-d. It,-
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ell
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111, lea
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et id i:s
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id r. ii7e
I Hi Ii!i8 f,70
1.11 4il7 -Jll",
.'. 7s i ii'ei
:.ei jr.V'ti
1" -.sii tr.h
Ull sty ,11,,
at I lie
'hlla-llu-e
.".(III
Kill I.iberlv
Itm Liberty
1!(I'M) l.ibeity
70H l.lbettv
".(lOO I.lbertv
4110(1 Victety 4.:,,s cash
nil) Ictery -l-'as i ash...
Kill Vii-tniv 4-l4h 'L'.'l . .
.'(Ill Victeiv -l:',s 'L'.'l. .
MM Amer !as & r.leetrlc
lllllll I. ehUli Nav tun I1.--inilO
l'hlla Klectrlc 1st ."is
111(10 I'hlle Dim tue 1st .-,.,
.10(1 l'hlla i:i. mi" .1' .-. .
flOIMI l'hlla T.leetn,. .1'--..
JOIHI I'lillu Kleilin- (1-.
1(111(1 Sellthei-ll UllilwtlV Is
LOCAL MINING STOCKS
ln.N'OPAll -Cleu,-
100. stl
10(1.4'.'
100. I'J
nil :;s
iei :u
101. :tii
me. is
100..". i
I0O.7L'
100. Ml
SS
HI!
Hill'.,
Illll
IOJ1 .
mi "
mi
mil ,
jii t zn
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3.7 III
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III
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MO. KAN. & TEXAS RYJ
Old and New Stock
Bends and Script
DAVIS COAL & COKE
LEHIGH VALLEY !
COAL SALES
CLINCHFIELU COAL
KSR3Y LUMBER
WESTERN MARYLAND
1st PW.
Wm.C.Orton&Ce.
54 Wall St., N. Y. Tel. Hanover 9690-96971
Active Marled
Tenn. E!ec. Pr. Ce. . . . All Issuti
National Pr. & Lt. Ce., All Issues
Phila. Elec. 51es 1947
Ne. InfcnB Gas & El. 6s.. 1952
Municipal Service Ce. 5s. .1942
Abbett's Aid. Dairies... 1st Pfd.
E. G. Budd Mfg. Ce Pfd.
NEWHAMj, gross &
DIFFEMDE-RFFER
REAL ESTATE TRUST BLDG.
lc
iOfn V V .1 VI .in ,S't,e-l- frcaa-
rind Cnrrr.e linerd of 7ifldf
Phenci Walnut 7010 Race 7666
If There Is a Market 4
TTC VeCUl 1 IIIU l
We held sales of ute! .
and bends every VVcdnt
day, charging $1.50 en
ttnnce fee for each item. 0
weekly catalogues and pe-
card seivice reach every nw
ket. We take plcasur
furnishing cruotatlens.
Barnes & Lefland ,
147 S. 4th St-
inn
D.I4-
MONEY-LENDING
NI.D 1 11(1-
r tim 1. 1
en . ,i,.i "i
1 1 '"I,
I. .1
DM'
RATES
I 'Hi 1 !
inn
DIP.
.I'm nun
It 11 nee
Inl. HPIIH.D Mm
it"
a r n n if
Lit il
let.
Hurill t.n..ilee iln
'iuilniK vault-i
1'lV- i.. lent l
ll 01111111,11 f ll I .
HS.llll.l P, , t,
Hani. MOle
( 111 u!er li-i .lems
. oil. 1 1 ruurt..
'Iiital 1 ..rfimi 1 1 h
MOO 070 l.l'i Jinn ,-,n;. ...c.-j
Jfioe 7:1.1
.'in min
II HT.I -.4N
I 001. till
Dl"0 71;
illll nil 1
4 I 1I.T 114,1
Hi" illn
l.'I.Vi 11.17 mil (-,, ;.."(.,;
1 a plial paid in
Surnlii"
leVia t.
Hev-rnint ni
Menil, p I11 11k 11
in eon tit
All oilier
1 I vim. pi n:,!
I- 11(111 mni
IT HI J I HI
fsrefa
rn-n'ii
O.HUl'ei ,
1 nit, 111.
letilai
1 i'ii r
IK.STKItll.W 4 lirr.4l.su Ot'OI'ATtO.N-H
Hierlinn Piaticu tare fluild?ra Total dPirml1a
I 41 s Jii I llil HX.rtll
411 jft 4,nt as ni ' rd(rt
IODAVS OPK.S'IS'U IJI-OTXTIONW
Sti line Pram a 1. r llullders
141 k tin, i ni as.r.s
I 11 a je i m as ut
r7 I .!!
Di e,nn 7ji
I T'17 Hi'd
- 'i'i'i iioe
IT (14.1 ll,
(.18 (U'l
Lis Ma
SJil ...'bl
Puriind
I'aliles
Demand
I'abl's
in jiii, .'iin xins vjii.'eiia
Londen Metal Market
l,nre Mi 1 Sliinrlarrl repp'i P'"
j s . tt .u a ar tr-iiK'tlp. HfiOl til.
7ut,.r., ITJ Vm. .ret and ruiur??. 11011
Uail, anet, 135 7 fldi futurta. m let, ine,
pet. (at ISa Hi futurta. ltl.
BANK CLEARINGS
Hanli rlfailnaa edy cemparfd with cer
renpeiidlii ripy latt two arai
r init lii'tl ln-'n
ihiu... 70.oniM'ne ifin.owe.ooo f7.Av,if.i
SijiteD... e0o,eoo 4a.w,oej: ,....
He- Iietes "
In nitual illrulu
iW -iu.. .llk,l"0Mi"' '
netnii In rlnuln
Hen (rut Hal lilt i 4 ;,(' 000
Deferred a valiiib I
lly Hems ,T7 .t.ft, IBs ;,,, ,,..,
All rilier liabilities I lOT.Ujll l.l,lf!
Tela! lletillltlea
07(1 DO'
tase.fi37.nin t.i;a,,vji lit
ltarle nt total rtnervM Ti fpe.it and Ped
efalAuu."tV5 n7-!". '''" WW
Si.e'e.H; "'- '" "nl.Vvfevleu.'we.k
74,0 par ctnU
u
vvutk,
Hoelh
i'i ti IniiMliiitl I larilnii
rai llerja. It
Dlanilldlle d II II
flora Hi e
ileldlleld i'i.iii i'i.iii
lieliltleld Develiiimiviil
lieldnild Deep
(ileal I. and
lUllilm I'.xlelmlnn
lie tv alias
Dune flu l
(Iln
Hid Iln -Mlvel
1'1-U
S.eni head
"t
I'J
ml
"I
I i
n'.'
MlM I.I.I. V.NKOl s
A int'l !
At enil I I..'
I'aiedmilii
I'undelarl i
PnniH Sitv.,
Kurelia i-iii-
Hirlii
llei't
Mlil-li
Mether
N'evad l
Nevada
SUH eHI
Te np i Mintns
Vnlrane
Willi.. Pans
Wilbirt
llellv
I .. le
IIIIlN
WenUe
in
ill
IT
00',
or.',
1 1
i j
"L
. i
.Is
1.1
11
11,1
III
"I
III
III
III
I I
1 1
IJ
III
III
11-
I J
1 Mil
IS
t'l
III
III,
III
I I
nj
.11
In
17
.Hi
nil
I I'llll.MH.I.I'lll I ell I'
III' I . I 1 I'- I HI.
111'. , ,, InuOlli- I'i le I j
I IIN DIIS V i ii I v, . , ,
, , , .ilul I a'. - .i, I I . ' . ',i
It. I , II lllllllll 1,1 ' 'J , pi I I w
I
BUTTER, EGGS ANO
bfc0.A.MJHN&S0NS
Member, of the I'hllneltlphU, M
erl. nml lliluirn ste-t. I- i Imnsel
N.. V el ". . ' "
STOCKS & IWMfS
er
i .1.. ...! anl.l fne illsll
li, iiih.it ...... - ,- - .,
iiirrieil mi innsf ruillve... "";
llrlleviif Innrt lllil. I1IH Hulnut HI
S V III Wrntrlnnv
! I.-
Nen i.ll., Vint ,i
ii ipis I I H'i'i iil. i.'ei
a hi; I
I'.liliS sp.,,, , , ,. , ,
.1 , In in i " t'i ti -iiCI.I
i . l in "i iT Mi .
tl i -t ii. i.enibt en, I i
11 lien ! . t ll ll ,. tit ., I In
, 1 ii (li -' v I l I ,
- I 'a IT.
i'iipi:si p ,i it in-
1,1. l I I Illll 'I 'I , I 1
CHEESE
.IIP ",
I" II ,, - ,.,
Ill 'I III , ,,..
I XI I .,
'I'' lll'i ,l"led
li.s.e vVisi
'ii .I'J',,
HARPER &TURNER
Invtttmtnt Banker.
Mrmtrr PtiHaMpMi Sleck &cMP
STOCK EXGIANGE BUIL0IHQ
Philadelphia M
: i '. i
Liverpool Cotten
iiti
Tin
I l.ifr,Ht1, Auw l 'lf,tt, iiH t
ltl Ilf1 tlt'Miri'l fut HI ul i ut lni lHili-)
pi i i'J thtfr yti U ' hjl- f , ifin
I jii b, nit fti Mit-ld in, ii, U mm
,tiUH Set ,"0M hilt 4 ,',,. i , .W
I MIUU I1 " H'-li" Mil ' IH I'tHllii". , i- ,
i'rn.l. hi thf tiiri, ilc.iidifM Spui pr , .
J it r Ann rlr.tti tu 1iU ittc uit It ,ii
I inliliiuii: l.i ;ild inl i ii.lJ.lMiii! l.i lii.i
WANTED
le. al ii -la'" t. liDI'lis- ne'JJ
saleMnn vtl h kn.-il ni.lll't-lieri" weu'j
Inn in i.il,- full .harae e' ei- 'i,.";
ll'ialiillls ..f a vvel- leiate.l bulldltll
pel ull.n
.us. 1 1 n(, uu iii mi. ,
Laclede Gas Pay Common Dividend
SI. laiul
rny
t ,,v . 'Ik. ......
t... a.i..a . a ;. ,v--r- '-.". "in-
,.... .,t,,in,r,, , liitienna or ii 7.t
Ihe eeintnnii tliieU, ptytblt H.inml--r i.
n uy. lulu,
tteck of rrrertl Hepttmbsr 1,
,ii,,iwim.T.l re-aavaat.
inMilHuu
Ol'lUlart
lit 111, I
11 Tld
ll
III), I
inlildliiitr
.' 'Inun t
Lllllll KUi'd
11 'Jl'l
WHY liu no Invraler tr lett J
lar nl prliirliiel or Iniert.l " "I
terurltv Imiiulit of h. . Mru. -
...... . ..... , i i... ..n un.i laartt m
I", rue ier ,iur .,.,,- --. -..
r.eann -.tlir.
U V TI?AI!. X. ret.
, Maek Hicbueji. Ulilx , I'blUdtlpkUj
l.liertiniil. V'U 1
ttill iiiil be in .teuten
lhi r.itteii
ni Mundii),
Pt n i m
a li did i.
Reserve Banks' Discount Rates
Oftleia' lei
etal He.f I ti
Hrimen
N'v Y.'rk
PhllaiDllilila
i latruanil .
It ihmend
Atiania
I'llk'uln ,,
HI Uult
M nne polls ,,,,,
"",'" -i
Dalits
an Franclace
Censervative Investmenls
iVlacMeckin & Vmlliamsen
lllflllll tVIl Uts.Wllll ta 1 .
Sffinbrm rhtlii, Slut k i;rlint
iHMiiint ifiifn m ih tt. j i
hi !," 9 it fik fel nv i
Ti r.iti t eni i n, 4
riiH niHiii.- ifni. a. t.i ... i
1 'i Jl.' 11' , MIT ( KIM'S It HI SM.1
i, i ' ' . Optimum let-eii aa In lop v"'"1''1.0 ,V
4'- (J ,' ' Jtilt.lil ale llillUlidieted i I'I n1"1," '."' ml
Pi ii' i' !, Milan vMm ,,u i naxt Iihi vel il f1,('nlll
1 JiJ i? i J" u"Uhlli irnun.1 utuillv llllwn..n7,i
i .. 5 ' i J1- .facta, aa wtll aa aiiilmrlHilKt rjplnlpnt. ,,,
I '(' i ? '"' I cabled bv Pelev Nml. a tr'Clal .Slat
it a il r at, - -. .- ' - - - - - ,.---. ...-.., aiinBiet
... r kx v r
iwuifu ey i-picy jNeei, ."r. 'viintli
innnnsnii niia nr Mutm rau ar t writA,
fAlBii tsa.il l (Via, ID it I.VIUlLl. T
'jt Ublt.r'r-attfv.
V'.'rV
f'h
it.& J,v
,VliITOMm !fc I
S-ltXlJ.