iPw?TO wsAy .vfT j v i, 7.. ww ' ty t j jii w w,;' 3$c ww ' JeKSVI ( M fl S-lf'i. Vi 16 EVENING PUBLIC LEDGER PHILADELPHIA, SATURDAY, AUGUST 12, 1922 v, IM. HI ii SSI II: Sit I. i : v : u I M - if 1 r t. r , i. 11 If.' Mi m ! I, V I .H UN Ik rtf'.si. st fc i w lit WE MOVEMENT &' 4 VERY IRREGULAR Market's Stubborn Strength In Face of Bad News Puzzling te Many NEW YORK STOCK MARKET Only Afternoon Repert in Philadelphia Quoting Full Lilt Today's a1w 290,300 share Ycstenlay'n sales 580,100 shares Totals for this week. . 3,420,000 shares New Yerli, Aur. 12. Irregularity attending the brief scj-aien rn today's Meck market contained little slgnlfl rnnce in that It wan In n men-mre largely the outcome of the familiar vck-cnd evcnliijr-iii) operations of the professional traders. As the market wns luitnrnlh thin, the variations were uncommonly wide and uncertain, eon een slderlnc the stnallness of the dealings. One? of the surprises was the general reaction in the rail group, which was Influenced by deferred profit-taking n'tlicr thnn hecaue of nnv timidity pro voked hv the ewr-nlght devclepmenU. In the rail Ftrlke situation. On the ether Land, n n imber of tlie Industrial pe- cliiltics were marked up. The Heel group was particularly Mreng. I Earlv trading in bends ni dull and I featureless. Itiiilrnn.il bends were the. most active, Kansas City Southern fis. Atchison adjustment -la stamped and I 'Wabash first fi gaining .. 10 nearly 2 points, while St Paul t.nvertible' 4 nnci Illinois Central refunding In were fractiennlh lwer. Czeehe-Slnxakinn . nnd Citv of' Prague ?i-js were down ' ami a, f a point, respect i vel j. hut City of Sae, Pnule Si were .ightl hlclier." In the Industrial croup. WUn Company 7ijs. Republic Iren and Steel ."is and Cerre ! fie I'asce irmeil te lilelier ground LlbcrtV issues Jield steuclv, with the exception ,.f t'ie Hrt 4', s," which were down 12 te H pnmt. I It inn) be iliilii-ult for a great many ' people te re.-eni'ile a rising tide in se curity values in the midt of an tin- ! premising situation and developments ' that hardly reuld be reganlid eUe than i disturbing This louditiep. however. I n very familiar one in the market world. The explanation i always te be feunii 1 in n simple rule, hut seldom remembered ' Hint is. llie ,,1'irV'nt ,,..,., IinLu knil rcldeni stands .nil. but nlwnjs .,ok 3'192 gates lii I 400 .. 2000 900 200 530 600 100 200 I tee 200 5300 tee 100 300 200 300 200 600 200 600 103 500 1500 503 200 300 2600 100 603 100 1600 .100 100 '30'J 200 100 110J 200 100 MD0 100 1D03 100 703 700 700 100 200 O0 4833 100 200 1300 0603 103 303 100 200 20U 1300 603 STOCK Wh .. Adnma Express... 70 .. Advance rtumcly... 21 14 8 Advance Rumely pf 55 H AJax Rubber " Allls-Clialme .... 53 H Allied Chiun & Dye 73 Am Auric Chcm..'.. 37 Am fleet Sugar.... 46 'i Am B Sh Fdy new 72 W Am Besch Magneto 30 Am Can 50 13 Am Car & Fdy... '72 14 Am Cotten Oil.... 2614 Am Druff Syn SVt Am Illde A Leather 14H . . Am Hlrle & Leath pf 71 Vz 7 Am Ice Ill 14 .. Am Internat Cerp. 3714 Am Linseed 34 6 Am Iocemotive....110H 3 Am Metals 45 ta Am Radiator 116 .. Am Sifcty Razor... 7U .. Am Ship & Cem... 174 Am Smelt 60 ?8 6 Am Smelt Sec A. . . . 96 11 Am Steel Foundries' 41 i 7 Am Steel Fdys pf . . 99 4 . . Am Sugar Rcf 60 6 Am Tel .t Cable.... 50 "2 fl Am Tel & Tel 122&9 1- Am Tobacco 149Ta 12 Am Tobacco 13. ...14614 .. Am Waterworks... 17 ' .. Am Watrwks 6 pt 40 7 Am Watrwks 7'f. pt 851; 7 Am Woolen 91 's .. Am Writ Paper pf 33 .. Am Zinc L1 & S pf 46 U .. Anaconda Copper... t;3' Asse Dry Goods... 56 6 Atch Tep & San FelOl .. Aflan Blr & Atlantic 3; .. Atlantic Fruit 24 .. Atl Uulf & W t S 32 .. Atlas Powder rts... 'a . . Aute Sales Cerp. . . 3 .. Austin Nichols.... 28'i 7 Baldwin Locemotlvo124H .. Baltimore A Ohie.. 57' .. Batepllas Mining... . . Beechnut Packing. 5 Bethlehem Steel.... 6 Beth Steel B Beeth Fisheries.... ahead. As n v.i.ntr r ifr.mr ,i..i liii ' . - v I. ..,.,.- .,,,- the nppearanee of going b the con- 1 trary. Suiierticially it , es. m reality i it docs net. " i N"et many v eeks age almost every- I body wai full) lOinince,!. nftr the prolonged bull jamboree w liirh started , last August and seemingly reached the I apex in the latter part of April, ihnt a ' prolonged dull spell would be experi enced during the summer months. After hibernating during rhe torrid .si. ell, and' with full c:iw en de, k. back from the annual vaeatiens, ii,.. machines nu! 1 ' be oiled up and evr thing made read) ; for the se-i.dlrd seeelul sfaje of t he bull movement in the mil. I!y that ' time, it wi figured, loom, would be humming. The air would be choked with the s-meke hehhlng from the eliitn neys of the steel mills and ether indus trial plants. Kailread cnutpment would be breaking down en the be.-n) tax being placed upon the transportation industry ! by the nresnrrin in full blast. Anil se en was tlie pir ture of bnghr eolei. painted. Se a'l hand- were centented1 te nwait fur ttu "Der Tag." i Instead of inking the prescribed m csta, the market ha- dlsri!a)cil the mntt pronounced stubborn strength and prlees steadily working into n,w liigii levels almost ench iu, eeeding d.iy, despite the very worst Kimi of new.. Nwh that threatened te paralyze the enure in dustrial fabrie of the country, and set the business world uewn en its hauni'he with a ver hard bump. This eek v,a witnsfed tlie registering of the liishest level of aw rage pn.es f,,r hetli the represcniiitiw ruilrenil and indutrinl stocks. There Int. been no reaction te Speak. The b-ar te r were never given a ghesr of :i slnw. When tliej became eer-nudn nu- the were promptly ailed uj te th captain's desk and eenitele,l te -my heavily for ' their inl-take I They sav tlie ri!ng trend N dis- , counting a settlement of both the coal and railrei.d strikes. A week iue the market cemmutut) was i'erki.re n set. tlement would be ie.uhed this week.1 They are just as certain it will be ai cemplished iiet week There h a ne--sibllity the coal strike will be en it last less, but n.- te the railroad con- I trevcrsy. instead of gettinj better, the1 outlook become- ireie ominous each day Still, the market keeps climhing. The higher prices were net made with an outburst of speculative enthiibiaMii . nor million-share chn market" Tin the con trary, the market was one of contract, ing rather than expanding dealings. "Whatever they w.-mted te mark up they did, regardless of class, distinction or firespects. Se, en all sides the question s constantly heard . "What Is the mar- I ket discounting? N'e enc as yet has ' gWen a satTsfaetery annver. Brokers , say the public Is r?et buying. Rorre Rerre Rorre bedy Is. as it always takes two te make a bargain. What is the market clis clis ceunting. Ne one known. Hu: if the I game is kept up, it u almost ceitain I many are going te be most miserably I disappointed In the carrying out of the ' program of the much-hscijsed, much- written about, much-predicted fall bull market. i 34 33 n 77 80 8 4 8 Brooklyn ttdlsen. .. 1 17 H . Brown Shee 53 .. Bklvn Rapid Transit 25 H 10 Burns Bres A 136 a; 2 Bums Bres B 49 It .. Butte & Sup Cep.. 30 .. Cadde cen O & R.. 10 S 6 California racking. 82 Ti .. California Petrel... L7 .. Cal Zinc & Lead... S'i 10 Canadian Pacific. 141 'J . . Case .1 I Plew 7 . . ise Thresh Ma Ce 42 .. Central Leather... ?9ii . Central Leather pf 73 .. Ccrro-de-Pasce .... 39 'i fi Chendler Meters... -9b 4 Chesapeake & Ohie. 76 't . Chicago h Alten... 1 ' S .. Chi & E IK (new) pf 57 .. Chicago & fir Weat 8'i. .. Chi & Gr West pf . . 21 !i .. Cht Mil & St P.- .32 . . Chi Mil & St I' of . 49 E Chi & Northwestern f6H 4 Chicago Pneu Teel. 69 'a .. Chi U 1 & Pac... 45 H 6 Ch. R I ,i Pac GTe pf 31$ 5 Chi St P M & O... 72 .. Chlle Copper 22 U .. Ch no Copper 29 4 Coca-Cela. 70 .. Ce. Fuel & Iren.... 30 3 Cel & Southern .... 49 4 .. Celum Gi-s & Elec. 97 Ji .. Celum Graphephunn 3J .. Cel Grauhophene pf 13'j 8 Consolidated Gas... '22 . . Consel Textiles.. . .. Continental Can.. 4 Cern Products Ref 100 2933 303 930 4JJ 230 200 100 100 230 330 500 300 100 403 100 8 JO 703 130 3533 830 100 200 300 200 4530 100 1000 200 3 30 3 30 7 33 4133 200 10J 100 400 100 200 300 503 900 100 300 1030 1000 1000 10V, 79V4 1 1 4 ti 43 l4 24 92 93 26 H 15S . . fret Carpf ts . Crucible. Steel 7 Cruc bis Steel pf . . . Cuban Am Sugar. . . Cuba. Cane S'ugar. .. Cuba Cane Sugar pf 381 .. Davlen Chemical.. 48H 9 Delaware & HudsenU5 G Del Lack Wist... 133 8 netrelt Edisen Ill 3 Deme Mines 33 H 6 Eastman Kodak 76 '2 .. Elk Hern Ceal 20 'i . Emersen-Brantlng . 8 . Emeren. Brant pf . 41 5 Endlcott-Jehnson .. E3 .. Erie P' .. Erie 1st vt 6''j .. Erie 2d nf 1?,i 8 Famous Payers !.. E6H 5 Famous Players pf. 95 7 E Fed Mln i Smelt pf 53 "-e S Fisher Bedv of O pf 88 F'-k Rubber 13 3 Hen Am T.ink Car. 63 .. General Asphalt 69 h 7 Gen Cigar deb pf . . 102 i . General Meters 13 7 Gen Meters deb 7 94 94 .. Goodr ch B F 36 .. Oranby M nlng 31 'j . Gray & Dav's 15'a 7 Great Northern pt. . 90 Greene Can Copper. r0'8 . Guanianame Sugar 13 Gulf Mobile & N pf 401,4 Gulf States Steel... 82 'j Hablrshaw Electric 2 '7 Hartman Cerp 83?i . . Housten Oil 75 2 Hudsen Moter Car.. 20 '4 1 Hupp Motorcar.... 18 Vi Hvdrnulle Steal 88 '.' Inspiration Cen Cep 41 I, Inter Cen Cep 1 '-4 . . lnter Cen Cerp pf . . 4S GRAIN MARKET vrheM Peptembsr lcnitr May Cern feptatnbflr pecembr Mv .... Onte Feptambr )trabr Mar lanl Hptitibr Oetebr . . lllbn Hfptember uctetwr . . ep.r 1 it 1 .44, 1 0(1 r.sj, . an, 3.1', . 30', in 77 in S5 Hleh 1 or, 1 e-, 1. 10 ra, ,ti , 31', .11. 37 'O 77 10 W Lc r 1 0.1 1 i3S 1 ' SI'l r-. ,1.1 3S', 1" (1? 10 73 ' :est , ; 04 u 1 m--i 1 "S' SDH I S3 I ;. 1 ln'r Aprlc pf . . . . 39 100 2'i Internat I'ement... 31 103 2 In'er tnm Eng .... 23 V C Int liancsicr iww .i.'4 Int Mer Marine 14 S 6 int Mer Marine pf . . 65 I4 . Inter Nickel 17i International Paper 57 h 6 Inter Paper stp3 . 74 'j . Invlnclble Oil Cerp. 13(1 . Island Oil 'a . Kayrer & Ce new.. 46 . Kansas & Gulf 4' Kan City .Southern. 26 .' Kelly-Springfield ... 43 12 Kenneoett Copper.. 3614 Keystene T & R... B 1 130 430 1330 800 2000 100 630 830 100 430 433 100 4'30 4000 Lew 7714 20 !4 53 M 11H 5314 72 37 !4 46 7014 38 5714 1724 20 Vi SK 14 71 111 Vi 37 34 118 V2 45 ta 115J4 7'i 17 '4 60 ?a 96 4114 99S eon 58'j 12214 149U 146'z 17 40 85' 90 8 31'a 46 i 53 H 56 ICO'i 3'i 2 3114 V, 3 28 124 57 'a 33 7514 77 '., 814 1I7H E3 25'j 136'i 49 12 30 10H C2'i 56 H 8!a 141 7 41 39 72Ja 39 r a 'j 754 11'4 I6i 8T-, 2M.4 31', :8U IBM 69 "a 44', f34 72 ."2 'a 29Ji 69 '-2 30 49 i 6H 3e 13 '4 122 10'a 77 l2 114'4 43H 24 92 93 1 6 ' a 15 U 33'j 48U 125 133 111 32 I 76 Ji 20 '4 8 41 63 17 H 26 19 '4 84 34 94 '2 531.8 88 12', 63 6814 102 13', 94 3 36 31 15', 88 W 30 h 13 40 '4 62 14 2 83!4 75 20!4 17'a 40 H "2 A 37 "4 31 234 111 14'? 5'a 17 s 6', 74 i 12 U V 46 4 Z6 4314 36 B Today's Net C'leae Chita 77 14 I 21 14 55 im 53J4 73 37J4 46 - 70J4- IK H 38 -57H- 172J4 - 2614 14 7114 'W 1 1 1 A 14 37 Y 34 11814- 45T4 11514 7 '4 1714- 60 Vt 96 4114 99H 80W 58 14 122H 149 U 1H 14614 17T'e 40 85 !4 9114 33 46 H i3 14 - 56 101 - 3 '4 - 2"a 31 54 14 3 - 28 '4 124 57 14 - . 33 - 76 'a 79'j 8'4" 117H -53 -25 '4 - 1363 -49H - 30 -10S 82 '4 -57 - 0'i 141 l8 - 7 42 J 394 r 73 V, 39 Vi : E9 -76 1 1 H - 57 B'a 2"4 - 31 4 - s8a -65 '-4 -69 'a -44', -34-72 ?2'i 29 '4 69'. -30 1 49 4 -S.7 -u 34 13'4 -122 J 10'a 79 '-4 r II414 -43' -24 -924-1-93 r rev; 15H - 384 - 48j; -I- 125 - 133 - 111 32 4 " 76 '2 -20 1,2 - 8 -41 83 -17H -26 -19'; i f6 95" 53 i8 -83 13 63 68 'i -102 H -'3'4 -944 -36 31 t -1 Vi 88 14 -30 H 13 40 '4 62 '4 J- 83V4 75 - 2014 r 1 ?4 ,2 H i ir. nil 12 '4 I a , "b , 'a ; 1; 1 i' 134 '4 'a 'a 1H "a 'i 11 Dlr. flalea In J STOCK Hlnh 600 7 Kress S S 16294 "430 .. Lackawanna Steel.. BOH 100 .. Lnfce Krle & West.. 3H4 , 200 2 Lea Rubber 27 H 1.1000 3H Lehigh Valley 166 juu 7 t. ma Locemotvs... S3Vi .. Lima rts 514 .. Loew's Inc I6'4 1 Left candy 12 7 Louisville- A Nash.. 132 .. Mack Truck B54 . . Malllnsen Ce 34)4 2 Manhat Shirt 30H . . Market St Rwy 8 .. Market St pr pf . . . 64 J4 .. Mar St Rwy 1st pf. 30 Marland Oil 3014 2 Martin Parry 2914 8 May Dcpt Stores. ..129V4 .. Max Moter Class A 57 H .. Max Moter Class B 19K 12 Mexican Petroleum. 177 V4 9i Mclntyre new 19 .. Mex Seaboard 22 H 6 Mex Seaboard Oil ct 20 2 Miami Copper 29 !4 .uicnigan Central. ..zis !0 Middle States Cerp. 12 i . Mldvale Steel 35 H Mln St Leuis.... 11 . Me Kan & Texas.. 12V4 1. Me Kan & Tex (wl) 18 H .. Me Kan & T (wl) pf 43 H . Missouri Pacific... 23 . Me Paclfle pf 57 X 3 Mentana Tower.... 71 . Montgomery Ward. 25 . . Mether L M 104 . Nat Cleak & Suit.. 51 . Nat En & Stamp... 58 V Nat R R of M 2d pf 4 K . Nev Cen Copper.... 16 J4 6 N O Tex A Mex 6814 N Y Air Brake 78 6 N Y Central 97 T4 6 N Y C & St L 83 6 N Y C & St L 2d pf 87 .. New Yerk N II A 11 3 M 7 Norfolk & Western. 11614 6 North American... 76 3 North Amer pf.... 44 la .. North American rts 16 6 Northern Paclfle.... 82 Ti 8 Otis Elevator 139 . Otis Steel pf 2 Owens Het Mach.. .. Paclfle Devel Cerp. B Pac Gas & Elec 3 Pacllle Oil " Pacific Tel & Tel nf 87 I i 6 Pan Amer Petrel... 76 6 Pan Amer B 71 .. Parrlsh & Bingham 10 h 2 Pennsylvania R It.. 462 .. Perm Seaboard Stce 7H 6 Peeples Gas Chicago 91 .. Pcre Marquette.... 39 H 5 Pere Marq pf 70 3 Philadelphia Ce.... 40 ?8 2 Phillips Pet 43 T, .. PIcrce-Arrew Moter 10'4 .. Plerce-Arrew Met pi 25 '4 .. Plcrce Oil 71; . . Plggly WlBRly Stere 43 6 Pitts Ceal 6714 .. Pitts & W Va 40 'a 1' Pend Creek Ceal... 22 H I'esium cereal. . . .. Producers & Ref. 8 Pullman Ce 2 Pure Oil .. Ray Cen Copper.. 4 Reading .. Remington Typew.. 36 .. Rcpuh Iren & Steel 73 V4 .. Rep Iren & Steel Df 92 .. Republic Meters. ... 4 .. Reynolds Springs... 2514 i itcynems Tetj B.... 4812 Hi '4 J4i 2 '4 18 1 2 "2 'a '4 14 1'2 - Hi Vi ' US 2 I Mi ' "1 li IS la ! 17 4 i. 8, - 41 I 4 -f 38 H j- m 31 23!i -! 114', -14'- 65 14 -17 4, -Ifa'a-74 j 4. '314 1 46 4", ?6 -43'2 36H 4. 8 - '' ' ' 'j Vi 400 1000 100 300 200 930 300 100 600 900 100 300 400 1200 10C0 8500 400 900 300 200 20 24001. 1530 100 100 1500 430 100 1000 100 11930 2900 100 1000 100 200 100 100 930 200 200 2700 3C0 1430 200 503 4100 100 100 100 100 700 1930 200 3103 700 100 1400 2100 200 2003 103 630 600 600 200 1000 103 2500 333 400 500 400 400 700 530 9 0 100 930 100 330 100 103 53 36 Vi 614 74 V4 O J '4 E8 . . 37 14 ..121&S .. 29 .. 16 0)2 17005 20 Royal Dutch N Y.. 53 ?4 .. st Leuis San Fran 31 H .. St Leuis S Fran pf 54 .. St LeuiH Southwest. 34 .. St L Southwest pf.., 51 74 .. Saxen Moter 4 V .. Seaboard Air Line.. 7 '4 .. Seab Air Line pf.. 12 14 . . Scars-Roebuck .... 92 2 Sinclair Consel.... 31 ' 8 Southern Paclfle.... 92 Vj .. Southern Rail 264 .. Southern Rail pf... 61, . . Splcer Mfg 20 8 Standard Mill 121 Stnndard Oil of Cal105Wj 5 Standard Oil of N J179V, 3 Sterling Products... 5214 10 Studebaker 125 J, .. Sub Beat Cerp.... 64 .. Superior Oil 5VJ .. Temt Cern & F "A' 2'i .. Tciin Cep & Chcm.. 10 14 3 Texas Ce 46 4 Texas Gu'f & Sulph 48 s .. Texas A Pacific...". 32 H 1 Tcxu3 & Fae C A O 24 '4 Tobacco Products.. i48 .. Tobacco Pred A.... 79V4 .. Tobacco Pred rts. 24 .. Tel St L & W pf. .. 50 ', .. Transcontinental Oil 13 V4 C Union Bag A Paper 64 .. Union Oil 21 U 10 Union Pacific 144 'j 1 Union Pacific pf . . . . 77 7 7 Union Tank Car ..101; 2 United Alley Steel. 37!? United Paper Beard 20 8 t.'mted Fruit 147 Vi .. United Rwy Incat. 15 ' a . . Unit Rwy Invest pf 32 14 .. United Retail Stores 65 .. Unit Retail Ster rts 'a .. U S G I P & Fdy.. 34 Vt ..US Feed Products. 7H ..US Ind Alcohol... 66 ..US Realty A imp.. 70 1303 100 2503 700 400 430 533 7530 1330 2033 1833 500 430 200 5 33 100 200 9100 500 530 200 400 1030 300 330 203 930 800 200 400 503 400 400 500 100 503 100 400 200 503 503 1800 3200 400 100 3700 100 530 5700 100 530 200 1700 800 100 2403 2103 100 933 tee 400 100 203 10'J 200 230 833 4100 2430 1800 633 100 U S Rubber 57 BUS Steel 101 ij 7 U S SUel pf 1191j 2 Utah Copper 66 .. Utah Securities.... 16 ij . . Vanadium Cerp.... 49 .. Va-Car Chetn pf... 64 .. Vlvadeu Ine 1 1 &$ . . Wabash 1 3 14 . . Wabash pf A 24 tj 1 Weber A Hellhrener 13 .. Western Maryland. 12 . . W Maryland 2d pf 21 1 . . Western Pacific... 19' 4 Westingheus.i A Br 94 4 Westing E & M 61 14 Wheeling A L E.. 14 2 White Eagle Oil. ... 26 4 Whlte Moter 4Q 14 .. Wlckwlra Hpene Stl 15 . . Willy Overland .... 7 ' .. Willys Overland pf' 40 . . Wilsen A Ce 4B 4 Werth Pump AM.. 495, 1 Wrlcht Aero qk txv 160 789 31 V4 27 V4 66 !4 55 514 13H 12 132 55 V4 34 30(4 8 64 37 H 38V4 29 I28V4 55 !4 18 J4 175 19 2214 20 29 V4 215 12 V4 3414 11 1214 18V4 !4 23 57 71 2514 10V4 51 57(4 4H 16 68 V4 78 9714 63 86 3114 115 751j 44 14?4 81 139 53 361a 614 74(4 52 'a 8714 75 '4 70 10 4614 7 91 38 70 40 H 43 10 2514 7 i 43 6614 40(4 21h 67 3714 121 8 1614 76(4 36 72 14 92 3 25'a 4314 E3K 31 54 34 5P4 4 7 '4 12 83(2 30 92 26 V4 61 19 121 105 179'4 52'4 124"', 6 '-'A 21-i 10, 46 4814 32 24 54'4 79 24 1 J 50 13 64 '4 21 144i4 7714 10014 37 '4 20 147 '? '514 31 '2 15 34 7M 65 Vi 70 57 100 119VJ 65 16 48(4 62 '1 13', 33 134 11 212 19 94 61(4 14 26 47 152 614 37 46 49 914 1 14 Today's Nat Cleaa Chg-e. 162 2 79 1 3114-r 14 27V4-66V4-55 Vi 5V4 16V4 12 132 - V4 5514 .. 34V4 .. 38Vi .. 644" 38 1 38J4 54 2914 1 12914 2 57 1J4 19 J4 17514 !4 10 22V4- V4 20 Vi 29J4 .. 215 1 12 .. 35V4 1 11 - H 12V4 14 1814- H 43 !- U 23 57V4 li 71 25V4 10 51 58 Vi 78 97 83 87 3114-116V4-76 1 44 J4 16 81 -139 -53 -36V4- 614 V4 f 87 '4 -75 71 Vi 7 91 3914 70 40 - 43 ', I0!4 25 Vi 7(4 43 67 'a 4CV4 -2214-18 - 37 r 121 29 16 '4 92 r 4 25 'a -48(4 53 31 '4 .. 54 34 Vi- (4 51'a .. 4(4 .. 7Vs 12 - a4 92 3 30', 92 14- 14 26 .. 61 - .?? '' 121 2 1C5 - ti 17914- '4 52 V4 125 74 - 64 ! V4-21-2 10 46 48 '4 32 - 24 V4 f 54 7914 b 24 Vi f 50 J, -r 131, 64 Vi 21 14 t- 144(4- 1 77 "2- a: 101 V4 1( 37 li . 203 147 Vi- 1 I514- a, 3 1 ?4 - I 65 V 1 114 14 4 (4 ' ' 14 '4 l!4 " (4 "l4 14 1 LOCAL DEALINGS FAIRLY ACTIVE American Stores Giving the Trading Contingent a Geed Run for Their Meney Trading was (airly bread and active In the local shares for n Saturday market. Prlcc9, however, were mere Ir regular, indicating n mere, two-sided character te the trading. One of the mere Interesting events of the day was the parallel prlce commanded by the two Philadelphia Electric issues, with the common closing the remaining gap between It and the preferred, advanc ing te .1114. There was also n continued active demand for the street railway shares. P. It. T. was well taken around 33, equal te the top prlce of the week. Union Traction managed te break loose at last from the 40 peg, moving tip te 40. Philadelphia Traction continued te be readily absorbed at CO. Irregularity nnd erratic quotations attended the movement of the leaders of the week. American Stores mnde a further dip te 140, or 3Vj points under Inst night's closing, nnd 15'.. points below the week's high record. Most of the less was regained before the closing. Ilrill continued te slide back, reaching f0, a decline of 2 points, nnd 0 points under the high of the week. Pennsylvania Railroad also lest fur ther ground, yielding te 40v. U. O. I. was fractionally lower at 51. I-akc Superior lest 'i. shading te 0'4. Con solidated Traction of New .Jersey, en small odd lets, moved up a point from the previous sale te ."0. The local market wjthln the last few weeks has certainly given these of the trading element, nlwns hollering for some action, n geed run for their money. Few of the historical specu lative coups of Wall Street can com pare in duration and results te that of the remarkable movement in the issues of the American Stores. The "show movements" en the big beard may make mere noKe niul kick up mere dust, but they generally are short lived. In Phil adelphia they make a mere lasting meal out of it and give nil hands an opportunity of sticking their ringers In the pie, whether they get burned or net. The American Stores' remarkable for ward movement has at nil times been mere or less clothed in an air of mjs tery. There are few of the big specu lative favorite ever in the metropolis te show n record of making iilmest nn uninterrupted rle within two jenrs from tlie 20's te a high record of loe'i. There was a spectacular movement in the (Jcneral Asphalt shares during the war boom, but the greater part of this big speculative play was pulled off en the Rig Heard. There is net a single broker mi the Slreet able te give a Nit Nit lsfnctery explanation of the steady rise in American Stores, especially the mere recent sensational jumps of five points and ever. Ne end of tumors, stories nnd repeits have been in circula tion. The real goods neer has been delivered. Seme one wanted the stock, wanted it bad and was after it regard le's of tlie price. I'ntil the "pea gun shooters" en the local exchange get after it en Thursday, it looked as if 200 might be the high goal. Seme of Hie anient followers assert even that will be pnsxed. The market, ns n whole, however, is demonstrating it is net half se dead as inanv thiiiiL'ht It was. The elvrhlern. ! nnlnt ilimii In ltrlll .l feu cluvs nen wnu a strong reminder there was still a biz kick left. The utility group apparently working into shape ler giving a COMPLETE NEW YORK BOND TRANSACTIONS UDERTY BONDS AND VICTORY NOTES 3IIh n.le 102.(10 My Ti. '18 101.04 A lit. 1. '32 101. ft8 July 25, 'fi 101,80 July i'B, '22 100.80 July 34, '3'.' 100, (14 July 2S '22 102.00 Julv 14. 2'2 101.78 July 2fl. 'Ti iui.40 July K4, -Ti 101,00 July 24, '22 100,80 July 20, '22 101.00 July 80, '22 tOO.Sfl July Sh, '22 101.80 July 27. '82 101.02 July 2(1, '22 100.08 Mar. 20. '22 100.00 Apr. 2, '23 rtansa Since Date of laaus T.ntv Dntn 80.00 June 2, '21 80.14 July It, '21 sa.00 May 10, '20 83. SO May 10, '20 81.40 Mav 20. '20 81. BH May 21, '20 00.00 June 4, '20 84.00 May 21, '20 84.(10 July HO, "JO 81.40 May 2(1, '20 8S.B0 Dec. 23, '20 S.1.110 Dec. 20. '20 82.44 May 10, '20 82.44 May 20, '20 82.00 May 20, '20 94.70 May 20, '20 U4.03 May 21, '20 Itniige, '22 Hlih Lew 101,2(1 101.04 101.08 101.30 100.80 1(10. M 102.00 101.78 101.40 101.00 100.80 101. 00 100.80 101,80 101.02 100.08 100.00 01.81 04.83 0S.70 07.80 os.ne ns.ne 09.00 ort.eo es.sn 04,18 im.ns 00.74 04.72 en. sn 0(1.70 100.02 00.84 IiSUS Liberty SVii. 1032-47, Llherty aVs, reslatered Liberty lt ev 4s 1032-47 UbMty let cv 4a rear. Liberty 2d 4a 1027-42 Liberty 2d 4i r ..; Liberty lat cv 4'4a 1032-47 Liberty lat cv 4tta reit., Liberty lat 2d cv,4U 1032-47 Liberty 2d cv 4Us 1032-42 Liberty 2d cv 4Via reg Liberty Ad 4'ta 1028 Llbarty 3d 4HB UK Liberty 4th 4tts 1033-33 Liberty 4th M res- Victory 4ia 1022-23 Vlotery 4s re Utah T.ne 100,04 100.04 100.04 yi iVtt1 cw. 100.40 iei'.3i ioe.r,4 100.30 100.&0 100.40 ldt.24 100.(12 100. RH loe.na 100.40 100.31 101.34 101.24 100.89 Io'e'.m' 100.01) 100.SO 100.40 101.28 nte.r.2 100.30 100.3IJ 100.40 101.24 100.84' 100.su .') .ei .10 -eS ISALUS IN 110001 t'ORKIGN IIONRS Arte ntp'e Si 14 09 2 774 1 84 Vi 6 00 2 7s Arsa rtcp'c 7a 3 0S!4 4 77 i B.... 100H 8 0U 3 77'i 2.... 101 'i 1 00 1 77 Cty berd'x ni 4 0D 1 78 1 82'i Dem Iterubltc Prague ct 7V4 a Cty Chrls'a 8a ct BHa l 82U 10.... 100 1 00U 8 83 U City of ceren- Dutch n lnd'a n 83 haren BW rcta '47 n 83 a(flat) 02 1 05 Vi fi 83 4 02 Dutch C lnd'a 2(aale) 83U 7.... 02 rcta '02 Quecnal'd Kxt 2 1)1 4 0 01 i Lean 7 City Lyona Oa 1 OR 1,... 100H 1 83 2 04'i 4.... 100L, City of Monte- 2 04i rtcpublle Hell- video 7a 1 04 Ti via 8a wl 2 04U 0 04t 7 08 1 04H Oeva't French 3 08 1 04 'i K7!iarcta 1 I'SVi Cty Perte Ale( 8 00U 10 08 era 8a 11 DO'i 1 03i 1.... 100H 3 004 1 esn Cty nie de Ja- 10 (10 'i C 08H nrrle 8s 2 0DH 1 0H, a Oft "..... 0!)U fi 08 1 08Vi T 00 fi 08 1 08'4 7(aale) 00 2.. .. 08 Cty nie de Ja- 4 00 -i net' Chile 2 cerle Es wl 1 PO'i 0.... 102Vi ..1 ... 00 2 001, Pep Chile- '41 n 0814 0 en si fi.... 103V4 8 08? 1 00i ft.... 1034 0 0B 1 0Dli 1.... 103'1 1. . . 08U Oeve't F 11 Ki 10(ulc) 103'i 10(sa1e) 08 11,... 100". 1.... 1034 Cty tiae Paule 1.... 100N Rep Chile '40 8.1 wl 2.... 100S 1 1034 1 00H 4.... 100S ncp Cuba 44s 4 004 1.... 1004 1 81 City of Sels. 4.... 100H rte'e of Uru- tens 6s 7.. i, 100S RU.iy Ss 3 81K 8.... 1004 1.... 104N Czecho-Slovak 1.... 1004 1.... 1044 rte'c Bawl 3.... 1004 Se I'orte R S 1 0314 .... 100 4 7 rets 0SV4 a.... 1005. 1.... 103 10 03 Jap Ueve'l 2d 1.... 102 40..... 03 1 034 1. 1024 7 0.1 8 OVt Snitz'd Cnn R 1.. .. 05 K llels'm 74 1 . . 1104 City Zurich 8a 2.... 104 U 17 K Ort Hrlt 1 113 2 ... 104. & I'd 1022 Denmark Cen fi. . . 105 fi . . 110 ct A 8a Klntdem Den- 2((lat) 110 4.... 1004 mark ct (1 .'.(sale) lOO'i 2.... 110 12 00 2 110 Denmarit Cen 2 .... 004 V K Ort Urlt ct D 8s 2 09'i 4 Pd 1020 2 110 2. . . 00 2 ... 110 Dept Selne 7s Klnsrfem Den- 2.... 110 18 .... 004 mark ct 8s 2 ... 100V4 fl 1I0"4 fi.... 1104 1 .. 10OT4 li(sale) 004 2.... 1101, u K Ort Urlt 1 00ij 2.... 110', & 'd 1037 10 001, 1 ... in R ... J04 1 00 ' K of Nether- 14 ... 10fi 1 no lands 0m 2 . . 104T4 1 00H 1 07Hlf S lira 7s wl 1 HI 3 07'.! 4 . .. 03 4 001, 30 Ii74 un'd S Ilrazll D Canada "Jil 3 07it 7i,s rcta 1 nei 3 ... n7'4 r, se 1 !'!' 1 2. .. . n7 n . .. seu 4 .... HO Klncdnm Ner- 1 80 0 t'0'; way ct SS U S llruzll Sn 3 n;i4 3 ... ne4 in .. mi D Canada '31 2.... Ill 1 . ine 1" 100 ' 4 ... Ill WmIc) 100 .K Sweden (Is 2 ... 101 1 1'0'i I 101, 11 11)1 De Can "52 wl' 1 , 101 10 ns' Tnrla-Lyens M fi..'.'. 101 21 rS"l 0s wl 1 mi ' 1.. .. 7', 1 ... HIOH Or'd Trunk of Canada 7a 0.... 113 Great Nerth'n niy 8ia 1.... 103H 3.... 1034 Great Nerth'n Itall'y 7a 2.... 110 2.... itn 1.... 11014 1.... lit 1.... Ill 2.... HlVt O Hay, & W b 11 la 1 13 Helland-Am'n Line Oa 2 MH 3 804 3 894 Hud & Man fd 2 8B n sfiH 1 851 2 85i Itumbla Oil & Itef 84a wl 38.... 10O 6.... 1004 Ills Central fd 2 004 III cen if 'S3 1 83Vi Ills Centl f.'ii n..,. 102 4.... 1014 Intb'e II T fd 1'i 1 i 1 10 72 in 77 0 03 " -10 34V4. 7-t 66J4 70 57 K 5; 01 H H 119- Vt 66 (4 16S- 14 ! H H 63-4 H4 1 n '3- 14 J3' - 14 21 'a . 19 94 61'jt 't 14 26 -1 ISVi 6i h 2t 46 H -49H - 9!i i iiyriitcclinie display later en. The lat est coup of the Mitten management demonstrated the company hud regained a I "iiuielent credit position 11s te place it '4 I in nn enviable independent bunking po pe ' ibitnm. At the Miine time, the big block Y I of stock teniecd from the Strett b the additional purchases of the eni eni pleje pines the way fur easier riding for the stock en the market. The un diminished tinmii'NM of I lie I'hilailelpliia Electric issues- is discounting the ever growing Kiluiue of increasing business of tliut reiiipany. The monopoly which '4' the company occupies in the unmeas ured lighting 11 nc 1 power Held or rlnl aclelpiila and adjelninj district ims never been fully lealicd. A hi? Wes em eU-etiical engineer some c.ir.s age cnlled iittetitien te it, but nobeil.x seemed te have paid very serious at tention I" lih prediction. F.very day his words aie becoming fulfilled Se en through the list could nuggets be picked out As stated before in this column traders lime overlooked the "Aires of Diamonds"" in their own back jard be cause of tlie lure of fnst work they de in taking our niene nway from jeu en the Ilig lieard. 1 H u Philadelphia Stocks Nat llah Iiw Cleec chg. lOtAmei Can T.T'i ."7... ."'.. - U intAui int Cp liTVj .tt'4 :iT'I v, THO Am Sirs .11.". 110 1 l'J 1 r. 10t A in Tel J. Tel .. lU'--s rj'-'fi- 122-'i K 'JO : hec ks COTTON MARKET Test. I FOREIGN EXCHANGE ' New Yerk. Aug. l'J -Somewhat bet 1 a j" . .1 1 . t -. . le.lnc 1 1 till (I llWir 1 ter ennp 1 .riiiin- n;i ..1.1 ...... lv. ------ . , u. iiuim if.ju 11 1 rnrriii Kiirniicfiii ex ?"TC li uteniil being reached "'lang- -ml they showed, w ide il.ffer 17 J.T : Swnlisli cables 20.2:1 : murks l.'t's niul n mere "niy nominal cjnotatiens eie avail- l.urepean tinny nnneunces payment of p..r dividend of S ptr .em. Thb wl I m,.l a total of 20 per cent for th, ",'r ...."""'.-.erly -" ' " .. n.i 1 .'lit, I'eme .in Oct,., Dec. . Jan. . March May cle Open 21 IS 21 IS 21 lfi 21 20 21 "0 21 Ci 21.04 21 "(I 20 7fi 21 OS Spot. 21 OS H'ch 21 2S Jl 2S 21 12 L't is 21.01 20 Si) 2D 7fi 20 S2 je r,s 20 57 "1e 20 SO 0 Ts'j wn 2DS2aC3 2(1 Ck'iJI'i 2u 37 DIVIDENDS DECLARED Imperial cill c.'e .11 n.i.in.,i . .. I ' cants, payabl in 1 miH.linti fund, en Sen. temuar 1 rsistrrd Auj'int I", Erla LlghtlnB t'ninpiinj quarterly nf f,e cants en preferiel i.Dahie rirmbar " te aloekheldera of rfserl .S'itinlr 15 " Fadc-ral Utilities !m 'lutctirly of il per cent en nr-fnried psyai m September 1 te stock of ford Aucust lfi. Morrlmae Munufaetur.ng Company .,mi. annual of 2V rer Lent nn ,,...X.. ''. I quarterly of 14 per cnt en common hntli lrayaubliPettml-.r I te stect of 'r.refd Ohentnut It'll Itallread quanrly 114 ntr ent. Payabla Sapiembar S. as rtslaleFed Ausuat Ut Seaboard te Issue Equipments Waablnitnn. Aiib 1.' Tha ln(inttn Commerea Comm men ledt suinced uuinnr- rirny 10 ma oeanearci A.ir i.me lallw Cem IV! pany te aaauma nbllKndens nnd Ilal.lliiv i Wapect or sa.ueu 000 of equipment trust ...flH.klaa n V.. Ukn..l Iu . Y .' .... ".l.4,,i Kit riVnirnVnli. nf ih. ..,., mi..'" ".. :" ., ,...., -;...v. r .,'"-" -r 'rt, ..iOi. 000 are te " aoie wi nei e'vs man (17 nn nn.i th ramalnlns JS5H llsn of deferred il,l"n raeaa ara te Wi sold at par for nrneurlnir 00 ateel box cr W0 stirl uhc D.iai. , . . ?? and lour aleel ilmlnu cars :S BANK CLEARINGS 1. . '?Umt Mla.rln.M Cml.,' M.mn.fr..l .. . t- 11-r .,, .p. --.- .-,, k....,ft, v wiin cer- "MHliaiea; nay ci i"e tnn ! i2'8S'j,T. 2v282'VS2 "t,ts autlT list eiii '" e-.(a,04 1 ......- . m rt's. iisi in irtwst 111 Lnriiin i:k ifti iriinn 1111na i .i i.i bi 'be ,T erelSn r"chn. " e - y ' -W. SiVblin 1 j. d nichn as ' In July Vh Til, , at 3 Tt e C'T? Li e!ii,nnl s ,"",, rt The ,.--". T.-eho-SlevaklBii 2..V,. .luge-Sla- I mill lumdled .'U.lltie inn, ,,f w d BOl'iLl? rd, with i.(l ui.... the vl;'" -W's,i .'ellsh 01". FiniiUh 2.15. I established an mernj;.. of l0."i7 ,?, i marke respemd . w Hi lunun .. Austrian .002a. Hungarian .0H7-. I HV"0- twenty-four hour-. u ,'"'," hllh,hM,l,e renefel I'tO for cables , 'I'll- l-HMiii'iin en New Yerk funds In, ent av-iuRed about $10.1)0 each Sterling reached -1. Hi -3 10 ' ' . c.nirea tela was 1, percent. The ten nf en- Heated. l cac" and .Mix, JJZL hi" f la" Uis""",t " 'nnudlun funds in New I -X"w ben.l effenngs by investment within 1 point of the ill, 1 "t t Yerk wun ' per cent. bankers have reached the lowest ebb nf tVuienremembiwrc.'el'.nV VHsr.,, n.es.s,, QlWAlII! j ' ,-h total leunt.nl cs si owed an ct erne rally te -20. . '"''" '';.,- L-r. au.M.r; ',, '. ' '-'"" t''-"," with Scr' ni J'raiKH ( ir O'ldder . . 1 l.-. S 17' 4 Mi SS SO 4 4C s. 1,, 4 ;,lii, SS St CLOSIWI Ql'OTATIOS'H .S(rlmg Prnrs I. ire ciulul'm 4 4'l' K Itl'i I fl'.'W 3 SO . . 4 4'j R 211 4 (13 3H S.I NEWS FUR INVESTORS it US.V;;, ceinnared with 7.1l earlier. '-ail In the Central European e'.elinnges. llniminlan nil IKllllin.ll HclirCh. hllOWcd an cxtieme decline of about 0 points ,""J"1 from the 1 25 tigurn (ueted within less than n week. A feature in Cunadiuij nrhmiKe una ii Ritiillar tiKiire (llieteil r.'eniand of ' per rent In the premium en New (-'" Yerk exelninge lit .lenireiu nnu m discount en Canadian fuinH in New Yerk. C.echo-Sehnklan and Finnish ' impieved furtner. .Mecieruie "" was 738,000 ounces, compared with rrelll He' clieiee 10" IIS'"'." n.w, 1 jjr( In Nime et tin' iusr cieprccMii nhniipna. including Auntrln. Int.. minlntlens Were at tllC Illgliest I mn..,. ,l,,, r'nll,ln Kreel f,imnnnv will of tlie da with the exception of francs, j inrtly unnniince a new .$., 000,000 which, hewewr, nt til retained a net' stock offering. imprnement of ! points, (iullders weie, 'j',P nvernge price of the twenty se rin exceptionally stnnu featuie, reach- ijVe liulustriel stocks advanced O.Itl per pig Its HO for cables and M ST for cent jesterday te !Kl.fi2, while the twen cbecks Sterling cables were 1 KJ'-y, t railroads declined 0.02 per cent te demand I We fran- cables S 111, mi ,-,S eieeiiK sis'.. Hi'lgiiui cables 7,77, -W'cstlnglieiibc Electric and Manufac- checks 7 7(l'ti lire cables 1.02, checks' turiug Cempuny continues the steady 10.02; peseta, cables 15.57, checks 15.S5; Danlst cables 21.05. checks 01 .r,. Viirwf f cables 17.28. checks aaaeavw a -- - -- ' '"'' sir' '"'"i ss se weekly offering of (ippreili, , PI -,0 lOKAT'S OPCNINd QUOTATIONS 000,000 since the first of th" jeaV llurdensemc; receipts, shickne of do de innnd. Imth domestic am ,-or,. un i bearish uspeclH of the (Jevernment" or. . report have led te lU'Cldedly lower iirice i.hs wcea ir nil grain. Compared with a week nge. wbeut this mer Ina ab ilewn 2sc te 4Vr. c.'rn "ff af le ,(. and eats 2'4c te 2,rrf.vu. with previsions Hhewliiff a setback of wni ioe,(iuii ounces, ceinpureii w un rp, , ' H7.ri,000 in June. (VJ!.760 in Mny and' 1"0 "'rnKe price of elKht principal "' .111.000 in April, , 'reu 1"1 ht,'t'1 I" "ducts, according te i -According te the Jeurnnl nf Cem- lre" A iiotatlens-, made lis first nd- incrcase in current year's business' with Julv bookings at annual rate of about $140,000,000. t The Worcester Electric Light Cem- .....w. l -.1 . t . ' ""' '" i" iiieiiuiH, rising te RlK it ..",.. v,..- Hini .,,,!(. hi,, 0w vcr. age en the last downward movement win $42 12 en February 2S The high 1020 average was Js.S.VO.'S, and the nvernge for the thirteen-jenr pre-war period. 1001. 11113 IncluHhe. was $37.11. BUTTER, EGGS AND CHEESE New Yerk. Ausr. 12, BUTTER Kirm Receipts, 18,074 tuba Quotations unchanaad KOOB-Flrm. neeeipH, 110,288 ciaS: Quotations unchanaad. CHEEHK Steady. Iteeelpfi. Wl betes. Quotations unchanted. Jj 2C-0 Itnll J (', r.2 llOtC MA: Stl' 32 'H Kit de pref Ill's 20 Cen Tr N.I ."0 lOtCub C Su l.-ts 10 Elec Ster 10' B ,-i Eric . IS 20 (Jen Asiih. 70 .r. In Ce N A ,'ISii r.Otl.acka Stl 7!I7'H 3,"0 Lake Sup. !lia ."0 I.eli Nav.. 7."i:'i 7.r.tM Sta Oil 12"i l'Jt.Mldvii.". . .",ns netN y n i: As II . 31- ,r0t I'an -A l'et 7e1 2.".3 I'enna 11 It 10' j 2()tPcnna Sbd Steel ... 7'i .") l'hila Ce ."0 31 's 4H's ,rit 1.-. 10' j IS .11 1 31 's.. 4!',s no i i .- is -I0a. . IS 4- V (isa; eSli lif, .IS'i 3S'j-f i, V07s TOTs-r-l7-; 7.-.U.. i.i 12"!;.. :u i 31 14 i, Hi'A- :'s 440 I cum pf . 40',. 'hila Elec 31', 1 ' 'J 7 "',( l'J's 34 i 31 'i 7.W. 40 VA T'i 40-i ill KO.MKSTIC! ISO.NnS Am Cnt Oil ."s'Cenfl I'ne Jst.c,'ri Tin Chi & 1 ... win 2 .... tmwl si l.e t' 1 S9i4 1. ..HI I i . . ,2 1 ... s;i', c R N Ji 5 ci'd rir. Cht & 2. 1. II. li. 2. 1 1. nnt. en nn'i t'li'k nnu P8 10 no 4 HKsale) M 20 COW 4 BOM: M K & T cl 2d 1 (17 8 07 Un K . Tm in in s.isi 4 83U M Kan A Te Sa nl 8 8.1 H He 1'aclflc 4a 2 (17 2 07 H 2 07 fidale) 07 2 07 '4 1 07 3 07?, 10 07 Ma I'ae 6s '20 10 07 Mn Paclfle rts 2.... ltmi 2.... 101', Mobile A Ohie New flj 1.... 100 Ment'a I'wr Rs 2 074 (l(sale) 07 i 24 OS B 0814 0 OOU Mentr'l Tram- ways 8s 1 88 New Knit Tel Ce Cs wl 7 OOW ."' 70 B.. .70 Mexico (Is 1 100 2 .... 78", N Y Ccnfl Is 2 01 2 01 N Y ctl n 0 D7 07 '4 07 n 07 'i 07 S 07 ' H ( 4 Am S A R ,1 n or. s ia 2.. . en l .iin Cere de I'as'e Cep'r Sa 2.... 125 American S'Jg.c-heH & O ll Ref'B 0s 4 V.iu Id. Kl.Ti 103S 103. 1d3H 1034 iea 104 A Tt-I S. Tel . 1 00 1 .... Ofi'4 2 ... Oil's A Tel ft Tel H" 1 ... 11SS 2 HIS 1.... 11,'iS Anur'n Waiei Works Bs 4 81 '4 Ant Jur UnCd M Wks 0s in S2S Armour 4'As 2 01 A T A S I'e a I 1 Ml 1 S.1( C i. I) t 4'j" SON St) S9, Mi's S0 Sll3 I-0H ROli S0, Ches's Ci O .Is in... 14... 3. . in... 3... St I.nuls Us i . . man 22 ini Clevel'd t'nlen Ter'l B4 2 10.V, 3 . . inr, i4 :i .. in.-,', a ins'j 1 105', Columbia O & Hire 1st 2 05 Columbia O . i:iee let afil r. . . nnii 00'i S ... 07 4 ( Tab ,t It il C iOci Sn 2 ... 07 2 0 1 ,f ',) c;n Ce 3 07 M of M,l r, 1 074 I . . 01 '4 .' iTi 4.. .. 11: 1. 07 07'j Cuba Am H 8s 1 07', 1 . . m; t ... 07 's Cuba C S ev 0 .. 07'i 1... , Rn 1 074 rub,, C'e Sue C f. (i It 4. A (,, s'fl I'lv "' I 1 ... 02S, , 1(1. . .. I. .. " 1. . . IIS' Int'l Pap n. fm 1 67 lni'1 Pap li us 1 .... 87 1 87 4 874 Iowa cent'l 4s 0 45 i Kan C Kt S A Memp 4s 1 80S 1 .... S0'4 2 . . . SO t Kan CIS. 23 70'4 Kxn (J & H .,. 37 .... 00 10 no 1, B 004 B 01 1 .... 014 If O T Rly 4s II.... Sl 2 sl t 85 20 . . 81 I . . . SO Kelly Sprlns,-, Tire 8s 1 108 Kenkuk & I)e? Moines 5s 5 05 I Lake Shere M S-n 4s '28 1 . . 05' LehlKh V11I Is: 3.. S3 I Valley 4 ,s r. ... 02 'i Ij A .Mjer- .. 1 ... 100 L i .Mer 7s 1 . . 1104 I.erlllard C 5s 2 .. . 09 Manatl Sucar Ce 74 s 1 .. . OS'i 1 08'. 2 . . 03'4 Marla'd Oil s 2 .. 102 Midi (JIM d 4!. 1 .... 01) 1 . . Oil 1 . OJ'.i Mid H ft (Jr ."s Nonh lVe-(err -' ss', , Hell Tel 7s 1 SS". ' 3 .. 1H7. '07!, 32.... 1084 1.... 1084 11.... 108V 3.... 108 Nth S Pwr Bs 1 014 B 014 Or & Calif Bs 8.... 100'4 1.... 10014 Ore-W P. K & Nav CO 41 21 83'; 04 S3U 4 S34 2 83H Otis Steel liti 3 OflH fl(.ale) 001 Pac O & M 51 2 014 0 014 1 014 1 OPi Pac Tei A Tel Ba rcta 034 1. B. 1., N Y 23 , 1.. 4., 1. B.( 10. 4., in.. 4 074 .. (17 ... 08 Cent'l 5s ... 07S A T A S r nil A: Alt 34aj 1 1 . ' ' r,2t,. 0: 3 8 n e2, 1 .... 024 3 .. 02'. Atch T A 3 l'e 4s of '00 1. 103'.t Atlantic Itet's Bs wl IS en 00 M no 0114 00 40 U.. .'U ',- OR de pref.. 31 14 31 1, 31 '4 i, 11 S3 1' IIT." 33 417 l'lille Trac till 32?h (10 33 (1(1 lOtl'n rac.1445, 144 144 f-i (ilil'ii Tiac.. 40 40'i 407,4-7? 1WI V C. 1 10tl' S Itly A. Imp . 70 Vs 'JOtViiiKKlium 4V 10 War IA:S (I H'JtYVill.vs-Ov iUj rl ni'i Vi 70 ' 70' A 1 ir;s 'i', ' fl- b''. ! tNet chance made by comparison with last sals n .N"" Yerk Stock Kxchanse. Total tales. 137(1 shares, cemhpared ltfi Stni nhars Hblc-rday. Thus far this k 51,077 BhBrcs i'iiii.ni:M'iu. iiemis 400 LlliertJ Jl 4 Vis 42 100 'IS ll.iil l.ineriy u -4- inn ,. 100 Liberty 3d l'4s "2S 100 1' ilOOUbeity 4th 4'4s '3S 101 " 10 1M) Liberty 4th 4UH '38....10 111 Victory 4;is '2: 1OO0 1000 Amer Ons & Elec 5s. 2000 Amer (iaa Ac Eke fis.. 1000 I'hlla Electric 1st Bs.. 2000 I'hllu Electric n's... HOOO l'hila Electric (Is... 1000 I'hllu Electric (Is 100.80 811 Vi 110 lOO'j 101 1044 10v5 Total, $12,000, compared with 140. BOO v.. terday. Thus far thla Mk, 1242,200, BAR SILVER Domastle bar atlvsr was unchanted In New Tork today at t)e par tin emni lerelan BS4c. e He. la Ixnden jba prica waa Via lewsr at S4HO. . -i - Atlantic ttef'B ct 04a 3. 103'l Dnlt A Ohie ev 2 ... 804 1 SO'i 1 .... S04 1 8', 2 ... 804 1 .. S0V Halt A O 34 B .. . 044 B 0 7(ja1e) 01 1 04 VI lialt A Ohie ' B 88 '1 Unit A Ohie it. 11 11 B mn 101'i 2. . . MS 1 ... 51 '1 3 .... BIS 1 nn, 1 .... Bl. 2 ... 51 '4 C A A char .' 4. ... 00V 2. . OflV c hi II A Q nb 5 . .. 08!-, Chi Purl A Hi II 34 I I. . . 824 C'ubn It P.d 5s 1 I Del A llu'l rv 4. . . OS'4 4. .. 084 In A It O fd 1 4H4 4 .... 40S 1 . 47 2 . 47 D A II Orande H.,nk's Trust Ce rtfs pta'd 1 43 4 .11: Chi U A Q 5s D?t c Ga, 3.... 1014 3 1004, ' ' 32!. P-' T"n'l 4V.S 1 . 0 ,, 3 K81 . 1014 r,.( IJ n 44s r A I- 1 aa ill, 2 . . 83 IB C.-' I Mulch 74s 11 ;," 3 . 107 1 r Du'h A I It 5s 25 . e.l I 3 (IH 1 f Pul Se Shere 11. S3 jr A,l..,n,- .. Chi A Cl W 4S .. R2L, .... " "4 rj l)e Amours 1... . 'Il'i j.,ir 7W, rhl Mil A l'gtl je, ,07t4 Sound 4n 'i)Uq ,Ent a, 2 Tr,v'j 1 ... 1044 riilcaEii Mil 1 1r.11 1'J4 SI Pd is Du u,ht ., 1014, 11, B7i, fl ,0T !''' hlCBKO Mil . :mpn. ,JI1S A '"- Pll' ss -. 101 '4 14 .. 83 10 I . . R4 Pan-A Peir'tT, A T Ce 8s 2.... 101 Penna It P. 5s 2.... 1024 3.... 1024 Penna It 04 a 14 004 Ce Bs wl 10.... 110 10 flOS 7 004 12.... llOU !.... 70 N Orleans & N Penna It II "1 15 004 n'n44a ' 1.... 1104 11 fiO',4 1 84 4 Peoria A R In 1 70 N Or'a & T 4s 1 34 4 1 001 " 70 Pere Marat Bs 1 004 B.. . 70 B 084 Intr'l A Qrat New Or Tex A 3... . 084 N'n nj nl Mexico (is Phlla Cnty fd 3 814 1 100 2 004 I M Marine 0 N Y Ct'l 34 4 004 1 034 1 004 2 . . . . 00 4 1 004 Phlla llwys la 5. ... 52 1 53 4 63 Plerca Oil ss 1 07 Preduc A H S 2 101 fteadlne Ce 4s 2 854 2 R5'4 1 85't 3.. . 854 Ken u I A S 5s 1 . . 05 4 3 . . 05 4 2 ... 054 Rie Crancle 4: Wn cl'. 4 5 07 Reck Il'd A A I.eul'a 44 s 1 S3U 4 81 1 814 ROEers Drewn lien Ci 7" 5 . .05 St 1. 1'n Mt A S'n Rly 4: 1 884 St 1, I Mt A .S H A U dlv 4s 1 SI't S( 1, A S I' n 1 82', 3 ... sji, 1 . 824 St I. A S K hi ll(s.ile) 714 B.. . 7I 2 71', I 1" . 714 I 3 .... 744 I Et I. A a l'r.ui Series A 1 734 ' 1 . .. 734 I 4 ... 734 Et I. & S Trim I Series D I 1. ... 874 I 2 874 1 S74 I 2. . , . 87 &, Ft 1. A 8 I'ran t Series C 1 . K104 inn', 5 . KI04 St 1. A H Krnn 4 s wl ' 1. ... 014 I 411 NOhleTrnn.il 10 . .. 1 1.. .47 I.tsht Cs St I, Hew' n en i 1 . . 174, 1 ... 054 ' 'hh I St Stl' A S ate N I'.iufle p. Is 23 "SS Msrle 4s ,'. . . . . 8') 1 . . . 7SS I 1... S04 5 seij St L hw'c 11 Kan A Icx.N Pac It 5s wl1 2 . . 7li4 i "1 'l 1.. .. H74 2 70'. J 3 ... .Vi 4 5 , H7S St I. Sew'n in B'IS'N Pacltt It 0-' ' S2' 'il r,l,,. n "'" 'St t"l A K C 10.... 5!i,j s , Ht, g l m, 1 - ''4 3 . inst, . 8t 2 . 504' 18 . 1084 I . . . . I 4... 1... 13... 4... n 1. 034 034 034 034 04 04 N Y Cent'l Us 1.... 108 4 108' 1.. . 10S' N V Cent'l 7s 5.... 1054 5.... 1054 1 . . ln.-.i, 2 1054 N Y Kdl'n Ce 0'a rets I.... 1114 New Y N II A II 4s '57 5(sale) 52 2 524 2 .... 524 N Yk ni- 1. 3 .... 304 5 . . . 3114 N Yerk Slide Itl) l,H 3 (flal) OS 3 . . CS 3 (is 4 New l" Sut'i A U' sm 5 s 1 . .H'a s v ...... . . . ' .. . iciw 4 '.J , 1 054 1 054 N Y Tele'c '41 2 ... 1004 13 .. 1004 1 .. inr,'; 1 . . ll'U'i N Y Tcle'e '4'J 1. .. 108 1 ... ins N'fk A IV d Is 1 00 N A IMl'n Ce 0 rcls 02 4 .'. Bt P'l Minn & St en Os 1.... 110T4 Saks & Ce 7s B.... 100V4 Seab'd A I, a 1 284 3 284 0 284 13 284 4 284 1 2814 Beab'd A I, fd 4 444 B 44 1 44 Beab'd A 1 Os 2 014 2 044 1 044 2 04 1 04 4 Sh Steel II 8s 4 084 Sinclair C Oil Cerp 7a rcta 0. 2... 3... 1... 1.. 004 no 4 09 00 VI 094 00 fl(sale) 00 1 00 4 3 004 2 004 Sinclair O Oil Cerp'n 74 s 1.... 104 0.... 1034 Sinclair Crude O 1 Ce B4a 0 0S4 2 0874 2 084 Sa'n lacifle fd a 804 3 .... se; 3(ale) 004 1.... 00, S'n Pae cv 4s 1 024 20 03 Bn Railway 44 '0 004 B .... nn'i S'n Railway 5 084 B 0M4 3 O84 1- ... 0S4 En Itall'y nu. , 1 ... 1024 1 1024 1 102 2.. . 1024 2 ... 1024 Sparta Is 1 ... S!)i Today's sales iesicrciu) s sales Tutal for this week 1 80K 15 80 4 Stand'd Oil et Calif 7s 4.... 100 Third Ave a J 1 04 ii .Tobacco Pred ucts C 7a 7.... 1004 10.... J0fli IB.... 107U fi.... 107 Tel Edisen 7s a.... 107 1.... 1074 1.... 1004 7(sale))100U Teledo A Ohie central Ba 1 07 C 07 Union nag A Pap 6s 2 004 17 904 2.... 100 Union Pae fd 1 80 Union Tae 4s IB 04; Union Pac 0a 5.... 104 4 U Tank-C 7a 2.... 1034 Ufd Rly I Ce P Fran Ea 2 87 3. .. 80 U S Hubb'r Bi 1 O04 0 00 0 904 1 oe; 2 004 2 004 0(sale) 004 1 004 1 004 1 004 B 004 U S Rub 74 s I.... 1084 5.... 1084 fi.... 1084 1. . 1084 U S Rubb'r 8s 1.... 1104 U'd S Steel 5s 2 1014 fi.... 104 1 . . . . 1034 Utah P t I, Bs 1 014 1.... 014 Va-C Ch cl 7s 2.. 1. 084 08 , OS41 084 2... 2... 1... 2... Va-C Ch 74, '.. 1054 -.. 1054 3.... IOB'4 ,!. 1054 Va-C Chen, e war'd 74 s 30..... os Wabash n lit .. 100 wabash R "J 1 0011 Warner Suiip Hef'K 81 .. 103 Vveifn Sid 4 1 08 7(sale) et 0 .... 66V. 2 .... 60t west'n Pac si .8 07H Wt Shere 4s J M ! 83 W Union 44s 1 03 J2 ' 3H w Union 041 10 ... tun Westlnshs'e B Mfr 7s 1.... 10RU J ... 108H Wilsen Ce cv 2 .... 0(1 ... 08U 2 0 1 08 Wilsen Ce lit 1.... 100V. 10.... 100H 1.... 100'i 1. .. 1004 Wilsen C 74 1 1004 1004 1081, 1064 1004 1004 ins i, 1084 107 107 1074 ioei 1074 2 107 4 fi(calc10a4 KualrMOAAi U(salc)10ei 81.001,000 0.037,000 05.003,000 1. 11 1. 1 20 i SttV? WHOLESALERS Bankers and investment houses are invited te use our service when desiring te buy or seli any Govern nicnt Leans. "A Natien-wide Market" COMMERCIAL TRUST COMPANY Member Federal Reserve Synera City Hall Square Hl4 jSlIn . St 1. I, 3 Philadelphia Markets Fuel 'I 1 4 s VUIfc.A r Receipts, in 1 m bushels. Mar- I set le eer Cur Iech In eierl cirxntcii , Ne. 2 icd , ntcr, $1 lOitli nslVj Ne 3 red wlnui. II I3i.,t?l ir.i,. Ne 3 ml win. . iVe. LK91 '? -i ' ,J.' ' Nn ' r" 'ntir. ' ?., Y.- X"' :l r,"! lnter i:nillck I.'i2H "5. Ne. 4 led Wllllfr K.illlck' I !i'i(.jl n-j, x s r, ,) winier Kiiilhky 05"f ! 'is. Mixed whe.il, 1c under red wln'r ' vuni'lc iicenr'llni; 10 nu.illn ' i'ORN Itne'liiia (2 171 bushels Steadily held Car lets In xp.it el'.vuini v 1 'r':'P'fl'"- N"' 3 TI4iti7J'ie, Ne. 1 ' C(i47u4f. 1 ,,r Ids ler luenl uncle Ne. I 2 ellc 7114 Si SU4r Ne 3 eiew 7S4S1 79 4c I (l,TS-Receipts Jl.llci bushels ljuiet 1 and unrhni'scd I'sr leu as 10 location 1 Ne 2 white, 4il4'.4?e. .'.e :, wh,i, njg 4li'C ' niL'lt ReeelptH, 140n LWh. and .' (132 I Sll lbs In packs. Market ciulet and pr c."s favored the bueis 'lhe follewins are I the nuotatlens Per 1U0 lbs , parked in 140 lb. Jute sacks Seft winter strnlcht. Western JO 0.25, de de. nearb J4 76 5. hard winter, strjlulit. Jes.'.yi, de short patent. J76 7 50. siirlnn Orsts clear il2.iee.BO.clvi. patent. J7ff7 73. de. short patent. JSOs.25' fancy eprlns and cit mills patent, fnmlly brands, JS 30WO 25 It(e flour JB25S.B0. .VVJ.J PROVISIONS -SKadllv held The cniela tlcms wcr" at fellows llcrf in sets, smoked i, oil-en',, inc pt-Hi KnecKles rtun ten I a We will buy 100 shares of Cities Sen ice Ce. Common Stock at 180 per share HENRY L. D0HERTY & CO 604 Merris Building, Phila., Pa Phene: Locust 1410 C. S." PATTON & CO. 811 A rilKSTM'T RTS. BANKERS Suceessnra te PAn.KK A BTE"ENSON Rcmd and (ncl;a oeuclit nnd Mid. Members Phlla. FttKk Kxrhanre. Lawrence E. Brown & Ce. CERTIFIED PUBLIC ACCOUNTANTS 10511 HIUI. KM ATP. Iltl eT ni.DO. Imeiiitnie nnd adjust c iporj'len ancl arinerahlp u muiiu nd prepare Income Tax lleturn 1 1 ... 100 i . . R4 llb.lJIl4ljl -I N lla ' j. I W V' iS ' w'Krl Itllri !8c. hams S P cured, loose. 3003,". & 2 82 Chlcnan Mil X P, "" V, sUltined. loose, 3ii'.1 31c. de. dv smoked II d O Tel 4i StP cv l't i-,1.',',';, '1,, ; :t' ',,;c lnis. boiled, boneless. 51c. picnic 2 . 83 i, .73 I1'" " " '. ," rheulders. S 1' curml. loose. lHe de. 'smoked 'lelenlmni u vt .." "- ' ' " '"".''." '." '"'" luej,n. J,e. Urcakfast 1 oaren -J,c, Hiru. liic flell nf Pa 7s 2 10R4 1 1084 Beth Steal I si 5.. .. 00 Eleth Hltcl fd 1 . 004 II Kteel 5fc 30 10 . . 024 Heth Sue) (is 3 100 1.. . 100 llkn Hap T 5s 2. . . . 02 llkn Hap T 7s 6 b2U 3 . b24 llkn U Uas isi 1 . .. 08 7(sale nn Uroeklyn U H 1st st'd 1 . 3?4 Hush Hld'K 5 .. .. 03 5 . . UB4 Canadian Oenl Elec 6s wl R.. . 102 1. . 1024 Canadt'n Nthn 04a rets 3 ... 1117s Cana'n Tae 4i B 804 4 04 1 804 Canada S'n Bs 1.... 1Q0 Cen'l of Oa 0 10.... 1004 ., . Hit r I 1 .. 574 4 .. B74 Kris nil f'n 4 s 1 . 004 ,1'ram'n Indust Dev 74 s OH', 1 . . 004 I lk Itub'r Ce Ss rets 1 . 107 1 C'..nl T'I.. 'JIX 1 a, . "V' s e -. , . ',' 1 t Chlcjk-n Mil Htl' fd 41A R .. . 004 ' 2 . (.114 I 4 . 1104' 7 . . Oiic CO' Chlcnre Mil & St P cv 6 10.. 77 0 . 77 4 1 77 Chi & Nwn 7 B 1 10 Chi 1 2 B '.Gene I 04 Klee flj 2 ... 107 II V Onodrieh (n 04s rcls IS . 1014 4 . . 1014 (Inedyear T A Itub'r '31 1 .... 00 1. .. 004 5 00 4 5 . . J.v.i 2 . 00 2 . 00 Oendyear T A Itub'r '41 1 ... 115 1154 1 .. 114 1 115 . 1(IN, insi, . 1074 Itwu 5, . . R2 . M . 821, Chicago Union Kin ct 04s 2 110, 0 110; Chi s IV Mi 2 .. 70 2 . 7(VA C W ft 74siGranby q MI'c 1 ... 102U Chile Cep'r Us 1 03 1 024, 1 02 1 024 Cln Qaa Bs 2 0T I H ft I 1 Ra 004 .Or'd Trunk of can Oa rcta 6.... 1084 1..,. 1084 ..., 104 1.... 10(f FINANf'IAI. . , 1'repcinuU . IH.l'.MliMhM at' Vi.ei.il iOha Kueiu 21b. tlly llJII , Philadelphia, August l. 1022. Sealed prnpesals will lw lecn.ed at H.oem "id Cliv lla I, until 13 o'derk neon, un 13th aft" uf August. 10J2. bnd orened at the turns "'jlemeclellnu and Imprnvlii Hulldliis Twslflh and Heed for Traftllu Snuad. Uur4U el '"llCiiencral Construction Werk B31e lower crudes 2(Ui"ke. .,i '.:,..r I ' "",.". ,17, AlVnec . ,i Jnbblnn mi 41W44C, some sneilnl f AJ I A'1"" VsiWeVd) PHANK II l'VEN. II TTi:H S old slmvli iii h,... .... --- -- . .... iviniri 4Ti rn'lnwIiiK are the ciuot.itlein Selld-iiHekc-d rreainerr. In luha high scnrinK, 30.1sc. lhe latter fei Jobbing aales, extra. 35c. exirn first wholesale. 33c. Jobbing, S4c ilr.t. :?.ffi.3,eiaiWOn,rtM,-'"f2' 'ml "'': "'rHa"' ,2Sfi. I0":1!"" t"1" '' Uney ''-. """" ...... mnii., ,,ip nrsin "i ra DrliKd hr.,!),!.! liliFhr l.lt- ,,. V..,.. -..' 'm " - "-..., ui iy iyc 1'IIIIU I'.. .. i, .ji,.. . inn ,iis nrrp scarce anil nnn i 'I lie iiliAdtliinu Inllnu. V...K. '"". .'" 1 .'1011 I :'. - :. ' "". "'"'" exirs nrii ."'"- '. ..'HIIIUH, L'C TJIl'l,. PI ectnr 74 fn L'hc Amis Western, extra firsts 20c tlrsis 4(f"7. seconds. 2022t fancy candled I'KBs'jebhl'!;, le relallns In cnrlens. at 329138c nJ inniL' JHitl'.'c fair In Keed. 2!l30e "J l00"' sealed ptepusals will le received ne'S until 11 A. M . standaid time. Augunt l, 10221. aril rhen opened, for exraating I nil at Wnlerway I CHUKBK nulet but stesriv ing were tne ciuoiatiens Ths fellow- ew inrk cvhi... milk tints, f.incy fiesh, l'J4ti'uUr A fair te geed, l8l0c. t,.Bh,eTi:s"V,2u4t 204c sliiBla daisies, fr,, 1 0 U t jil ?4 JebhlnB sales of fancy aoeds "'('.!. ',c' UVi; POULTRY -Kewls ' r.7,1 "r.t. Is. net la.l..... la express Kancy fat yIIev.skinb.rt .,, 02Bci fair te geed, 22C23c: fowl, "JJ horns, accerdlne te uuallty. igaaje spring chickens. net Leghorns. fincy f! .ttln,wuVkk'nn1., vvelBhlng 2V4 8 Ibl" each, a3tt85c. sprlns; chickens' net horns, smaller slits 2530c spring chick, ens, Leghorns, fancy, fat. yallew.skinn. weighing 14 lbs. und ever eiih 24 CaiiJ'. :eh,.rH".-, m.Ml?.r !?' rprlng chickens, I.cgh Lf ii iu ".r" . nn rnniiai Pekln. fancy, fat, 32W24ei ordinary, 18 920c' d.; IVV'I.001""' 15W17c. pleeensj rir pair' old. 80S3Jr. jeung, 2380e ' " tinKHMtil) POULTIIYCnwl. . ....... dryplcked, In boxes Weighing 44 lbs 'in.l ever apiece, S0c- weighing 4 Ins.. Jac' weigh Ing 84 lbs.. 2Be. weighing 8 Ibs7. iiii-K. in bb Is,. dry-plcUsd. fowls, f rash-killed. SW'Rf l,i.f'' ?v.r aplaca, 2et 'wsiih: d.r. K22i! hrniiinr.ki.b?.? '..? n un boxes by, t&Mtf (t'iXsjL'- -"ih" iAaK.Af- K.-U it',jtw l&' i'. LC. J. '. titfrasA,win,V J i. (, r. 230S8e: broiling chlcliina W?.rn . XM.S.'.WiOci In bblSr 8081bV ,r2l.'n ny. sivbmi old reestars. Wtstarn iSi. Beuthsrp. neitaiTprffit1 fi8RniUj$l rum w in"ie !v " , V-a uiaka Hay, Oel. and Ml. IcnssapsaKs Klwwara banall r-urthsr Information ai sni.lli utlen j TDK imidcnds g ATi.ATiF-iTi":riNiNfi e.mpan 31 It l'assiiiik Aenue. rilliuiiripiiiit August ui 1022 At R meeting of (he neard of Plre'trrj A AuKUst I". 1022 a d (Mend nf M.OJ ?f "hi "emnany P ayubM 'He'llemheV 15. 1021, , 'stockholders uf irrnrrl 01 Ihj c J" business AUKUst 21, 10J2 (.hacks win nialie'i W II ANOKItSON, Secreiary (Please note dale, Aug2la -'AMKIllPAN I'tlH KK AMI Jilf-HT CO, ' 71 llrnadwiiy, Ne'.Vnrk. .....,..,, VI uTrn'i nie iKKO NO SO A luarterly dividend of te per celt the Common Stock nf the; Amerlccin I'eijtr 4 l.lghl Cempnny has is-en declared fJ payment. rfilmber I. 1022. te Cnmme'i StockMeldera of racerd at the close of bull n... Au.u.1 18 lisi. Tr..ili&-. irka nttmrA t nirsBtalnpM has thla GhY IP?9 &&J.")xAmpL9aWM 1021. Chacka will ba tnalM '' HAllHV P. CORUUTT, SW'''' J ,-; ...,c,r . . 'Wft'.lfr - i ' ' ." :LLLZm
Significant historical Pennsylvania newspapers