HBlrflTOfflStlBSSP;,, tfVtW vw-'ATrf pv' pHftFV'j StIS'l! 'I'"- J 'ft C.-Mi ' ft r fUi . l 20 EVENING PUBLIC LEDGER-PHILADELPHIA,. TUESDAY, .AUGUST 15, 4922 !- zSi!!K!n!7fiiti It Canadian Bends Government Municipal Provincial tf Investors seeking high-Krade secuiity, combined with a liberal rnte of income, should net overlook the opportunities afforded by Canadian Govern ment. Provincial and Munic ipal bends, which way new be 'A purchased at prices te yield from K inr' KM L v ,c ie oye Write for Circular P-815 Weed, Gundy & Ce. Incorporated 14 Wall Street, New Yerk Terente Londen, Eng. Montreal Winnipeg Forty Years Without Less STRAUS-protected first mortgage 6V& bends have earned the ap proval of the shrewd trustee. Fer full information call or write and ask for BOOKLET 79S-Q 'hi tun &W. STRAUS ScC(X ItlCORfenATBD . ESTABLISHED lS8l 1 1 M 8teck Exchange Bldg., Phila. v TtUfhmt Sraucz 5618 40 ear without lu- t iin.v lnetnr 'ci in" s w "5 C" 'I M Si EiiiiiiiiiiiT&i SPECIALISTS We make a dependable market in all .sues of . UN1TGS) STATES GOVERNMENT SECURITIES V COMMERCIAL TRUST COMPANY Member Teder! Rcicrve Syttecu City Hall Square 1 jl..LJlErpSEpra7-' V 1, We offer a well-secured Oil Re fining Ce. bend, bearing interest at the rate of 8, free from the normal Federal income tax, with the refund f the Penna. State tax at par and interest. j : F. P. Ristine & Company E.ST.II(.IIIED 100J xWidener Building, Philadelphia Ktw Yerk K zabetti. N. J. Members Xrw Yerk and I'luiadclphia fifeck Exchange Active Markets i ?$ JNEWHALL, GROSS &i 1 REAL ESTATE TRUST BLDC. fembr .V V. rf i'n'i . and Chlcave llea u Phenei Wilnnt 7010 Rice 7666 Masen City & Ft. Dedge 4s, 1955 Lehigh Valley Ceal Sales Clinchfield Ceal Wm.C.Orton&Ce. 54 Wall St., N. Y. Tel. Hanover 9690-9697 IeUnpelii Water Werkt Sec. 6'i 194S Atlaatic City Gai Company . ,5'i 1960 fbrui & Paic Valley Rr.. . 5't 1938 I. St. Leui' subarbin ny.. Jj wii. n l- Mt- r- C.'4 Jt B' 1077 1070 MM. np mi.v.j n u i.,-i- Trwrtea Strtet Railway Ce.. 6'i 1941 laJiaaa Sarr. Cerp. Pfd. & Common Slk. fiAMUEL K. PHILLIPS & CO. 7leli'i4'i,i?TSr!rnkit&,l,"nw KNNA. TAX-FREE BONDS A t, alaanMaiaia 1M- PAUL CO. $M', li VflaM V W0 9 mwmmwmm w mm mmm'.mrTw "rwr TREND OF MARKET IS TURNED UPWARD i Impreved Strike Outlook In fluenced Yesterday's Sellers te Take Back Their Stocks 300 100 GOO 400 200 300 5500 200 100 400 900 300 5200 300 tee 700 100 GOO 100 1800 1000 400 200 .200 000 2400 300 200 300 4200 1500 400 100 !200 400 100 200 600 100 420D 100 100 100 1300 200 100 300 1310 100 300 300 230 400 900 10 100 5300 7200 100 32--IQ GOO 100 4300 1200 100 2100 400 100 300 1200 3000 100 1500 700 200 1400 303 100 500 200 300 800 5600 300 300 1030 1300 100 100 1C0 200 103 3500 5100 5800 2500 200 100 100 1703 2:0 103 1200., 3900 400 700 100 1303 500 100 100 New Yerli. Atic. 1."i. As tlie ran- 1 jerity nf jeHtcrdny's fpllrrs were the principal buyers In today's stock mnr I ket a complete revernl lit tlie trend 1 nnturiillj' followed. The rentllncw with which tnnit of the mere prominent tivk rctricvcil the lnni of tlie pre ceding -e"--len dementrnted very enn clnsively the nt-etipc of llanhlntien. which, however, has been nn outtnnd euttnnd inz feature of the current ninrket situ- jntlen since the shi pmen's strike started ,011 July 1. In addition te technical Influence the ! ovet tilRht (lcve'epiiipiit put nn entirely different aipect nn heth the peal mid I railroad strike situation'". The cuntio cuntie very of the hltumlneus end of the coil jlnher dlvtiithancp. nfcerillng te nil nil- ll f llllk I., Will t-lptllnlll' inMlnil 'C.I lilt -f .... , (. ...., ...ilKlllJ ri IIIVII. H llll. 1'H llf flip neriiOIIlnll f n-.ll,ir..titl V irnrii nn. - - --.- .r.........i .,rj..i.i in.,. , . . . . ... I opted bj the-.e of the miners and op ep op leraterx who attended the conference ;it CleveJand. nti'l It l reiiiitiahly espe ted nther operators who declined te partici pate in that cenfe'-encp will later fn'l into line, n the deer has practically liven lett open te them te sisn up at their convenience. Fer the moment neither linanclal nor market community 1 pa ins much attention as te hew the ruillng of the di-pute was reached, hut are mere dls-pesi-il te leek tit the mere Important Mile of the question as te the stlmil Intinc I'lTect lr s .('most hound te have "ii the i-euntrj's inainifaelurlni; indus tries. Mere especially the steel trade, w hl h was en a fair waj of recovery and vvpaiisien at the time fupl Minrt'- II se sjidwci sjiiipteiiis of becoming Unite. Despite the seemltiitly iiicrenine com cem pneatuitis the wind-up of the rail strike is also looked upon as being close at hand. The eagerness of the brother hood ihicfs In seeking another confer ence was regarded ns a favorable omen and accepted as reflecting a determined peliej among these leaders of opposing .inj turtlier crippling of tlie transporta tion .it this time. Opening prices were mainly upward, but the hesitant mood of most traders heiitii.se of tbe uncertainty of the strike situation resulted in relatively light dealings. Kails recovered somewhat from their heaviness (,f yesterday, gains of "1 te : points being registered. The boom in the building ituliisiry found expression in raited States Healt, wl.ich jumped 2s points, te n new high for the vear 1'ieree-Arrew preferred was up l1, en reports of iucuted earnings. Leng interestv seen attained control and prices seared steadily after tlie earl selling eiders had been absorbed. Conspicuous strength was shown by the Mexican oils, dividend-paxing rails, and independent steel shares. Active bid ding for some of the specialties forced up spveial in new peak prices for tlie jenr. including Famous I'la.icr. In In ternntienal Paper and Pittsburgh Ceal. Tnien Pacific broke through for a new high, and Chicago and Northwestern, (treat Northern preferred and Northern Pacific extended their early gains. Ad Minces of 2 points or mere took place in Crucible and I.aeknwnnna Steels, .Mexican Petroleum, American Ice, American Can and American Linseed preferred. American Radiator, liulf Steel and I.euisille and Nashville fol lowed a contrary course, dropping 1 te 1 points. rder from outside sources counter balanced speculative realising in sev iral of the le.trier like Mexican Ie Ie treleuni and Studebaker. with the list In general continuing te gie an im iressive show of strength up te the I arlj afternoon I he Pierce-Anew is- tues 1 tlie preterreil rising ,iis peintsi land Standard till of California. Vir ginia Carolina Cheiiiical prefcrnd. North Anierican, Texas (lulf Sulphur. I Western T'nien and l'lkhern Fuel were fbid up in a spirited fashion. Itepublic 1 Moter ami the Iluriis Itrethers shines 1 fell away sharply. I Humors of nn early resumption of 1 dividend payments hy Crucible Steel , forced that stock up -1 points and j varuus ether favmltes continued te I reflect bullish Impulses. Toward the close preiit-taking in oils- and some of 1 the ether leaders caused some reces sions from the high levels. Far! trading In bends was dull. ' me-t price changes being of a fractional nature. Slight improvement was noted in Zurich . Iielgian 7'-js and Ss, Paris-loons-Mediterranean Gs, Ar- 1 moor -l's, Mentana Power ."is. Inter- ' intiina! Paper ."is a. id Chesapeake and Ohie convertible ". Ilaltimere and Ohie -Is wpre off l1', and a renctlenar tendency nlse was shown by Swiss ,Ss, Japanese first -J'-js. Third Avenue ad 2200 13900 justment os, 1 Image and Alten ,'ii..s und Central Pacific tirstn. Liberty Is sues eased a bit. The market showed mere stability in later dealings. -eeru inactive mort gages making large gains. wmA Tayler Wharten Steel 6s & 7y,s,MARKS AT TEN FOR A CENT Ner. Indiana Gas & Elec. 6s, 1952 German Currency Hits Lew for All Tennessee Elec. Power 6s, 1947 Tlme at -098 rrur.1 evirlr Pr. 1 f fie 1011 Nw Verlt. Aug. 1." Activity in the m..i.. .-,. f..,...;..r, l., .,' mk 1. C. . f n a . I'WllU' I. I"! il'l,il .'A. .tllllf. 1'IUU HdD DOUVia Oenai OS Itfll-jq i largely cennniMi te r rencii mid, in a .i in e i i . in i lesser degree, te tJerman exchange. national rwr. Ot Ugnt, All ISSUeS Helgmns, as usual . followed the course of francs. J he weakness was due te the somewhat sensational "slant" of fle i.nnfurinppi: rnt'nr'ltni (Vim Intnt. i YfcVIL,li1&i,TlTirtl7ft Sl.'tt . nllleil nelicv te he observed tnu'nrd (iiTiiianj . r nines, which last week weie (pieted at S.'JO, declined today te the lowest figure made in tlie drive earlv last week. 7. (17 for cables. Pro fessional covering of shorts euusetl a rallv te S.O.", nail, en the subsidence of this oiieratlen, a recession took place te ()'";. Italian exchange was nlse heav , but sustained a much smaller decline. The weakness in marks carried that Issue te the lowest figures ever reported here or in Europe. Actual transac tions took place as low eh .01)rH. The previous low hud been .ll'j. The high for marks this jear was .(10'.,. In Londen, marks were reported at -1. IV) te the pound sterling, the lowest prii c in lnster, compared with 3,51)0 te the pound esterilay : Marks made a nom inal receu-ry later te .10'l. The weakness in these exchanges brought Inte strong relief the strength of sterling, which wan uueted at the tick t.rchaneti nt Trair recent high. Lute quotations were: Sterling cables 4 HI1 , demand L4t!'s ; franc cables S.OItV". checks S (VJOi ; Uelgian cables 7.02, checks 7 tlt'i ; lire cables ..-(Jii, checks l.r.ll; Swiss cables 111. Oil, checks lit 03; peseta cables .r).(j;t, checks 15.111; Danish cables '2.Tu, checks 'Jl.rS-'; Neiwa cables 17.;ih, checks 17.:i:t; Swedish cables IW.'-'.S, checks 1M1 'Si ; guilder cables US.b2, checks I US. 77 ; murks .10. I YKSTEHDAYB CI.O.SINCJ QUOTATION'S 4 hterlinu rr.inc-fl I.lre Gullilfra Di-mnnd .. Mi! s ell'i 4.R7. ,ts 7S . C'ablea W H 01 4 57H 3S Hit TODAY' H OI'KNINCJ QUOTATIONS I .Stcrlliiu rruntn Lire (Julidtru 4 41!. 7 III1V 4..1H Js 7n ., 4 IDA T.U7 4 S3 Ub.SU CLOHINO QUOTATIONS Hlerllnif Krancn Lire Guilder. I Demand WAuire i 4.4"H iJ.i'-T !"''.. an ' rArru .y 4.1W k03 i.oeh as.si) 3: NEW YORK STOCK MARKET Only Afternoon Repert in Philadelphia Quoting Full LI it niv. Pnies In i 200 .. Today's Net STOCK Utah T.ew 77 '-'j 55 U Hi 74 109 53 i 38 642 45 T8 38 DG? 171 i 1221-2 914 27 ?a 54 6 Hi2 72 110 93 35 13 36 ",2 56 118H 45 107H IIC2 7 18 60 H 98 40 Vn 80 H 37 U 122 Vi 148'5 103 1614 40', 85 U 91 108 32 V2 17 52'a 55 113i W, 100 Ta 92 Ta 3'i 11H 1'i v 30 976 27 V2 122 V2 56'2 63 Vi 30 23 77 ;8Ta 7?a 11 3154 117 21 54 136 49 7V4 28 ia 10V4 80 ?i 57 H 8 60 1 40 '.'4 7 90' i 42 40 10 73 4 38'2 58 75 J 1 19 35 H 55 8H 21 30 Ta 46 Ta 84 Vi 43 V, 8314 71 V 99 21 H 28 Ta 79 69 "a 95 3 124 67 Ta 121 10 78 89 VS 113 'a 42 91 Vi 26 1 5 'a 38 Vi 48 125 133 33 131 82 Vi 4 'a 76 46 Vi 20 40 113V4 ' 16i 25 Va 18Ta 87 Vi 96 53 Va 12Ta 20 ?5 62 64; 98 V2 75 U 178 12Ta 81 94 2 14'4 35 V2 86 31 14 13 07 40 1214 39 Vi QI 2 85 Ji 73 Va 20 H 17Va OH 108Vi 111H 3Ta 40 Va IK AH 9Vi 39 33 23 Vi 112H 14 9 17 Va 56 Ta 74 13 31 Va 25 y 56 Va 4 45 43 H 35 H 8 169 riefe Chat. .. Adams Express.... 77 H 3 Advance ltlimely pf 5514 . . Alaska Juueuu O M I W 4 Allied Chem & Dye 74 U 7 Allied Cli & Dye pf!09 4 Alllfl-Chnttnern .... 53 i .. Am Agrlc Cliem.... 39 H .. Am ArHc Chem pf. 65'A .. Am licet Sugar.... 46 . . Am Besch Magneto 39 . . Am Can 58 lb 12 Am Car & Fdy... 172ft 7 Am Car & Fdy pf..122'i .. Am chicle 9H .. Am Cotten Oil 28 Vi . . Am Cotten Oil pf... E5"-. . . Am Drtij; Syn .... IV . Am Hide & Leather 14 12 . . Am Hide & Lcath pi 72 7 Am Ice 111 U C Am Ice pf 93 . . Am Internnt Cerp.. 36 i 1 Am La France CnK 13 77K- H 200 500 900 5514 1 Va . 74J4 109 53 94 39V4 65 V4 46 39 58 Va ' J4 " H V2 1 U4 172VS X 122V4- 1V4 9V4- V4 28 US 55V4 2 6V2 14V4 14j 72 ', 1104 214 93 V4 36 !4 13 36 1 Ji 56 IK 118 Ti 45 Vi . 107 Hr- ' la 112K- 1 Ji 7 .. 18 Va 60 H t. 98V4 Va 40 i V4 01 ?4 1 V4 37 U - 122 V4 150 V 1 103 E3 18V4 41 ' "r !4 85 Vi . 91 V4 Va 108 32 Vi-1- M 17 - Va 5314 ai 55 113- 2V4 1 i - Va 101S 1 14 ' 92 Ta - V, , 3 '4 Vi ' 112H ai I 2 2 14 1 30 Ta !- Va 1 976 I'xJtw 27 !i 123 V 57 3i 63"? r 'i 30 Va i Va 23-3 77 - Va 79H i- 4 7 '4 - 54 11 31!'4- 54 117 - V4 21 " 54 '4 136 - 1 49 - 1 7!i 5 " 28' - V2 10H 81 5i '4 58 1 !i I 8 60 - 'a I 141 V4 ''"I 7 54 90 42 1 40T'a- !; I 74 54 I 38 5i 59 J4 75 'a l'a 19 .. I 35 K ''a I 55 - Va I 8K- 54 21 31 '4 " 48 !' V 1 54 I 85 'a 1 1 4412 1 83 ?4 54 I 71-f 1 I 99 - 1 !4 1 22 4 ; 29 Va !a , 79 -f 1 , 70 S- !2 i 97 V2 - 2 3 .. 13 54 !i 67 7 12154 5 10K M 78 Va 89 '-1 ! 3Vi 1134 !i 43V4 4 93 2 ' 26 ' - 1 15 54 r 54 : 39V2 4 48 54 125 133 1 33 131 - Va 82 Vi- 1 4!a !a 76 14 . . 47 5i 21 - 1 40 - 1 Va 113'4 f 5, 17 4 -t 4 25 Tar ' 18 4- Ji 87 Ti K 96 1 54 1 2 Ta 21 Ti 62 1 14 654 98 Vi - 5i 75 Va - 178 - 1 13 81 1J4 94 54 - Va 14'4- V4 35V2- 54 86 32 54 1 14 - 88H " 40 "1 Va '12 54- 39 Va- 1 82- 2 85 Ti - Ti 75 1V4 20T4 V4 17i'a- Va 84- ii 108 tj 1114 1 3 T'a 404 Vi 14 .. 4- Va 9 !4 Vi 39 Vi I- 33 23V4 V2 114 I'4 t" Va 17 K2 . 67 1 74 r Va 13V4 i- 4 32 I Ji Va 26 V2 56 .. 4 54 54 46 I Vi 4441 J4 35- V4 0V4 - 54 170 2 Am Linseed . . 37 ',2 , 56 & ..118?. . 45 1, 2 , ,107'j , . 1 1 2 H .. 7'i . . 18 . 60'', . . Am Linseed nf . . 6, Am Locomotive.. .T Am Metaln 7 Am Metal pf 4 Am Ilivdlater .. Am Safety Hazer. . Wm Ship & Cem. . . . Am Smelt 7 Am Smelt nf . . . sun 3 Am Steel Foundries 41 .. Am Sugar P.ef 81 i .. Am Sumatra 38 '.t . . Am Sum Teh rta . ! Am Tel Jt Tel 122H 12 Am Tobacco 150 fi Am Tobacco pf new103 .. Am Waterworks .. 10U. . . Am "Watrwlts Ce pf 4' 7 Am WatrwUs 7ri pf 85U 7 Am Woolen 92 7 Am Woolen pf 108 . . Am Writ Paper nf. 32J4 . . Am Zinc L1 & Smelt 17 . . Anaconda Copper.. 53 4 Ase Drv Goods.... 55 C Asse Oil 1134 . . Assets Iteatlzat en . 1 V2 fi A ten Tep k San Fe101 H 5 At eh Toe & S F pf 92 Atlnn Bir & Atlantic 3& 7 At hint e Ceat Llnd13 .. Atlantic Fruit 2 . . At antic Fruit ctfa. . 2 .. Atl Onlf & W I S S 31 V2 20 Atl U. lining 976 .. Austin Nichols. ... 27 i 7 Haldw n Locomotive' 23 ?4 Baltimore & Ohie. .. 17 V4 4 Haiti & Ohie pf. . . . P.irns 'all (":is. A . . . Batnfdall i'la B. r Bethlehem Ste-1 . . 5 Beth Steel B ,. Beeth Fisheries... rtrit TVn steel .... OJ V2 31 M 24 '4 77 79 i 11 . Br t Tin Steel 2d pf 32 Ta s Broeklvn l-Mlsen.. 117 'a . . Pklvn P. T ctfs of db 21 . . Brown Rhe 54 '4 10 Barns Bies A ,3! 2 Bums Bres B 50 . . Butte Cep & Zinc . ',4 . . Butt" & Sun Cep. . T9VS . Cadde ivn O II . C California PacltliiB . . California Petrel . Cnl 7.lne & Lead. 10H 81 !i- 58 Ta 0 2 Ca'umet & Arizona 60 10 Canadian Pacific. 1414 . . Case .1 I Plew 7 Case .1 I 1st pf Case J I Threshing . . Central Leather . . Cent Leather pf . . Cerre-de-Pasco . . . c ru ...iif.e Meters.. 7 90 H 42 T'a 41 74 ' 38 3i 59 4 Chesapeake & Ohie. 76 H .. Chicago & Alten pi. i . . Chi & E HI (new). . 35 -a .. Chi & E IT (new) pf 55 . Chicago A. r,r West 8 'a .. Chi ft Or Wst pf !21 . Chi Mil & St P 31 J Chi Mil & St P nf . fB 5 Chi & Northwestern 86 'a r-hi Ti t & Pac 'a 'c Chi ft I & Pac Ce Pf 3 Ti S Chi St P M &.-.. 71 H 7 Chi St P M & si pi. 99 22'i . Chile Copper. ch nn Cenner 'J 'a '2 Clev fin Chi & S L 79 4 Coca-Cela J 1 ., C.na Ar Klec. . 97'5 .' Celum Uraphnphen 3M Cel Graphouhene pf 1-'A f, Cemput Tae itec . S Consolidated Gas. . . . Censul Textiles . Centirental Can. . . C 5 mt insurance 67 Ta .121 3 . 10 'B 78 . 89 V2 .114U . 44 . 94 H . 26'2 . 1E'4 1 ern Products ner. 2400 2' Cosden & Ce... Ctuclblc Steel... 700 1 600 . 400 . 403 . 100 100 1600 100 203 100 1100 7000 800 . 300 . 100 1600 . 1300 . 10J . 6300 1000 333 100 . 3 03 100 7800 . 200 300 100 10500 . 100 100 300 200 100 400 , 2000 4700 200 100 100 700 600 300 400 700 400 300 700 400 300 400 100 2100 100 700 400 2 100 a 500 200 1300 7000 300 2703 200 2000 400 100 2100 200 800 1003 3930 300 t'ui.an Am Sugar r..l.e r-.ne SllC'lT Cuba Cane Sugar pf 38 V2 naIen Chemical.. e 9 Delaware & Hudsen125 6 Del Lack & Wcat...l33 3 Deme Mines 34 8 I)u Pent (EI) Ce.. !1 6 Du Pent 6"e deb pf B..? . puluth Se S & A... W 5 Eastman Kodak new 76 W 3 Elec Storage Bat... 47 . Elk Hern Ceal..... 21 ? Emersen-Brant pf-- fJ 7 EndioeU-Johnson pf J 1 . Erie I''2 . Erie 1st pf . . Erie 2d pf ' 8 Famous Payers L.. E8,? 8 Famous Players pf. 964 5 fed Min a: nmi. v- 1 2 J8 Flsk P.Utilier Freeport Texas. .. . 3 Gen Am Tank Car 21 62 66 'a General Ahpeaii C General Asphalt Pf-10 G General Cigar 75W 8 Grner.il Electric .. .178 . General Meters.. .. - r, General Meters pf. 8' 7 Cn Meters deb 7'i Ojb . Glidden Ce ' Goedrich B F 35 ?4 7 Goedrich B F pf 86 32 V 15 'a 89 Va, 40 Granuy -i iuhk. Gray & Davis..... 7 Great Northern Pf. 4 Gr North Ore ctfs. ,rr,r. SllCtar 12J4 . Gulf Mobile & X Pf 39 Vi Gulf States Steel... B-J i Habtrshaw Electric iYs 1 Hartmat, Cerp 86,. Housten Oil. 'i.' " Hudsen Moter Car. 20 Ta 1 Hupp Motorcar..... 172 , nydiaullc '?l----,0S,'J 7 iPlnels CVntial 9 . illnels Pf wl "1H . mdlahema net..... J -a Inspiration Cen Cep 40 a. , . Inter Cen Cep..... '. !.. 'tin O U Wax wa Inter Asrlculture. Inter Agrlc pf.. . l, lnternnt Cement. Inter com KuS- E Hit Harvester new let Mer Marine.. 9'2 3914 33 23 V2 114 144 . . Inter Nickel 1714 a'tlen.vl Paper 50 U T 1 1 m 74 6 lntet Paper sipu. lnMiiclble Oil Cerp. Iren Products ,'. Island Oil Kan city Southern. 4 Kan City Se pf Kansas & Liulf Kayser & Ce new. . . Kelly-Sprlnh'P.eld . . Kcnnecett Copper. . Kestone T & I- 7 KresBe S S 13'2 32 Ta 26 564 4U 46 44 H 35 Ta 8-i 170 Raw Sugar Moderately Aetlve N,.- VurU. Au 11 Thu ruw-Biiuar mar kB; cuntlnu.1 .oederafb- lull, and about ,,eu.ly. will. ul.s for Aimu.t an.l &n :'.... .hlmru-nt 'luoted at 8"i e colt nn! tlie National Sucwr IteflnlnK Company nnd MlOO bab'H Hall. ana mruute tj I'uiiail.i The local rrllnfd market Is uin.li4iiKed at 7c te 7 10c. leea J per tent for rah. NEW YORK -. ,. .n.ua iaririrtt.il ea. I frinht Tnr r iw " .--..- - - - . Auirunt KcpiMnber Oc tebf r Nev mber Drrember January Kubru'try March . April May . ... e.isff :li ui i' -,,,-'. Q.. nnnl J una Company H. MO baK. te th. Am.rlc.n. SlOO tt.h.i ind JU.OOO bK I'orte nicea te l.asa Cuba- te in ... --",:"i?. tViv nulp Inte't in ihB Hitutttien 111 Yy '":',i tlmp r.urep. hoexcr ..i.u in iiilui ivn..- - centlnuil ..le puy tHki r.rui) tens C'ubna for"' Ausu l ? n"y September , leading aV 10. 4 I.I c t L'niH"! KlnKUem ThU In a Ihlrf. nnil.-r tlie uric pi 1 en thn last pre- I ter Ihan ' t..,"" .,r,!llV included lft.OOO July ...:.... 0.U911 fi.Vl .5 t,15. bat. Cuba; ind JU.OOO unit iriuiU)iinii Today's (tales B03,500 Yesterday' sales .... r.B0,70() Telal for HiIh week.. 1.081.200 slinres slinres dliarc. Iliv. Sales in J STOCK High Lew 100 4 Kress & Ce 105 105 1800 .. Lnekawnnna Steel.. 79V4 78 100 .. Lnlte Erie & West.. 31 31 300 2 Lee Ilubber 2GK ?6V4 .,122 s,'4 cIilBh Valley 65 K 65 V4 9Rrt'l 1 T I .. ... f-n. Te'lft'a Nt Clee Ctme. 105 11 79 U4 31 26 V4- 54 65 vi y 54 1V4 1124 Vi 44 1J4 ,17 '12 - 54 44 - IVa 102 1 116 1 131 - 1 56J4 154 35 Va , 4GJ4 ... 37 - 154 12 54 4 29 1 46 14 - Ji 23 J4 1- 14 59J4 54 19'A 54 126V4- 18 Ti 173 54 14 21 Va 184 29 V4 i- 54 12 35 1 18V4 Va 43 1 23 Va 57 54 1 ?i 71 24J4 Va 10 54 53 54 1 57 t- 1 54 99 V2 113T4 Ji 164 69V4 Hz 97.54 T 1 83 wwv , i,imn ixicnmniivn. . . na lj&?i 100 7 L'ma Locemotlvo pt112 4 1121ft .. Lima rts 4 3T4 .. Loew's inc 1754 164 1 Left candy 12 ft 12 .. Loese Wiles 44 44 7 Loese Wiles 1st pf... 102 102 . . Lerlllard (Pierre) pf 116 116 7 Louisville A Xash.,131 131 . . Mack Truck 56 J4' 58 . . Malllnsen Ce 35 34 V4 7 Mnnhat E'cv Guar. 46 Vi 4654 4 Marland Oil 39 36 4 . . Mnrlln Rockwell... 12V4 124 2 Martin Parry 29 29 . . Math Alkali 46 54 46'i .. Mar St Hwy 2d pf . . 23 54 23 Vi .. Max Moter Class A 59 59 Vi .. Max Moter nln n less 1 9 1 1500 6303 , 200 100 200 100 100 200 933 100 9500 100 200 100 100 930 400 300 300 DO00 6400 1303 8 May Dcpt Stores... 127' 126V4 Mclntyre new 18 Ta 18 T'a 12 Mexican Petroleum. 1 74 Vi 172 Mex Seaboard 21 20J4 .nex seaboard Oil ct 18 2 Mln.nl - . ..,. 300 ion 29 12J4 34 V4 18 43 224 57 71 24 V4 10 4 53 Vi 56 Vi 99 Vi 113T4 164 68 97 54 83 87 Ji 30 4 27 19 115"i 75 V4 44 's 16 80 33 V4 2 4 7 19 4 140 11 74 13 52 74 Vi 70 7 1054 45 Ti" 7 SO Vi 38 Vi 70 4 40 4 42 Ti 11 30 Vi 7 42 67 Va 39 4 21 Va 86 37 54 88 Ta 120T4 49 V4 28 T'a 16', 75V4 52 Ta 52 J4 31 72 3 25 47 52 4 45 30 V4 53 33 4 EOV2 3J4 7 54 11Tb 89 11 8V4 30 V4 9 54 52 9154 25 Ti 59 20 V2 91 104 178 116T4 52 J4 42 Ta 47 124V4 6 5 54 2J4 254 10 Va 46 Va 48 31 J4 23 4 54 V2 55 4 107 78 24 V2 23 52 50 13 V4 66 20 145 77 Ta 101 37 4 140 18 15 29 65 J4 Va 33 7 66 4 72 Va 57 104 100 Ji 110T " "ltIvnle Steel 3514 Inn " J!.Kan Tex wi 18V4 100 Me Kan & T (wl) pf 43 1300 200 100 9530 4700 100 1700 . .Missouri Pacific... 23 W Me Pacific pf 57 Va J Mentana Power.... 71 . Menti.'omery Ward. 24 Mether Lede Mining 10 -Nnt cloak & Suit.. 53 V2 Jnt 1?M JP, U,n... KIT 200 en S -.ntenal Lead 99 en ' .fttleni,l Lead pf..113Ti "" .. Nev Cen Cennnr. IRSi 1 100 1500 1400 100 100 2503 200 6 N O Tex & Mex.... 69 4 l v- ?- Central 97 Ta N 1 C & St L..;... 83 5 -N Y C & St L 2d pf 87 54 . Xew Yerk X TI .. i 1 ii 87 !4 30T4 27 19 1 1 5 Ta 77 44 '4 1 6 Va 81 V2 33V2 2 4 7 103 2 Xew: )'erk "t-& W 27 Inn '; ii01-0.1.1' Southern. 19 000 3200 300 200 4300 103 500 100 100 300 300 100 100 7400 5100 703 103 100 3100 1930 303 2100 203 300 6100 2600 2300 3930 100 6800 600 700 500 3100 300 300 300 1600 500 1500 ,100 200 300 1000 4800 2630 600 . .uneiK At western 116" n North American 77 4 3 North Amer pf.... 44 Xerth American rts 10 54 5 Northern Pacific... 62 Vi . . Xeva Scotia S & C 33 'i . Oka Pred & Itef. .. 2 4 . Ont Silver Mining. . 7 Orpheum Circuit... 19 4 8 Otis Elevator 141Ta Otis Steel u 6 Pac Gas & Elec..' 74 . Pacific Mall 13 3 Pacific Oil 5413 C Pan Amer Petrel... 75 C Pan Amer B 70 J ', Panhandle 7 . Parrtsh & Bingham 10' J 2 Pennsylvania R It.. 4CJ1 Penn Seaboard Steel Ta 5 Peep'es Oas Chicago 91 . . Pere Mnrntif tte . . . . 39 fi Pere Mnrq pf 70 3 Philadelphia Ce.... 40 2 Phillips Pet 44 4 . . Plorce-Arrew Mntnr 11' 194 141 T4 11 74 -13 i 54 V2 3 'i 70V4 7 10 J4 46 714 1 90 V2 38 V2 f 70 4 40 44 I 12J4 L . . Plerce-Arrew Met pf 34' 3312 Pierce Oil... 7 54 7J4 42 -67 54 f 40 22 - 1 .. Pierce Oil pf C Pitts Ceal . Pitta & W Vn l's Pend Creek Ceal.. E Pestum Cereal. ... .. Producers & Ref . . 42 G8"? 40 Va 22 '4 87 J 87 55 ZUYA 38 89 C Pub Ser Cor of H , 89 8 1'unman Ce 121 14 . . Punta Alcgre Sugnr 50 2 Pure Oil 29 v8 .. Ray Cen Copper. .. . T G n 4 Reading 76 Va 2 Reading 1st pf . . . . 52 Ti 2 Read ng 2d pf 52 Ji .. Replog'e Steel 32 . . Repub Iren & Steel 73 4 .. Republic Meters 4 .. Reynolds Snrlncrs. . ?7t'. 12154 50 29 16', 76 54 52 Ta 52 J4 32 73 4 e t ., m . j.' - ' e jvejnuius joe Ji.,, 48 4 53 V4 45 700 4 13 Royal Dutch N Y, 100 Rutland pf 800 100 1200 800 200 103 300 10700 200 1400 5100 4503 200 2900 3600 1600 200 100 4700 500 300 100 300 700 3600 400 2100 100 200 303 5?00 4500 400 1200 5100 200 300 6400 100 1300 100 700 1500 3200 2103 1600 100 100 200 103 100 103 200 4300 6800 400 100 4100 5103 2700 100 10100 603 50 100 300 100 1200 200 900 300 1000 2400 100 400 100 203 300 200 5100 200 100 200 300 100 BOO 2200 1000 100 1200 00 . . St Leuis San Fran 31 . . ht Leuis S Fran pf 53 .. St Leuis Southwest. 344 .. St L Southwest pt.. 51 ' .. San Cec Sugar 3jj . Sfabeird Air Una.. 7V4 .. Scab Air Line pf... 12!i . Sears-Roebuck .... 93 V4 Scnee 1 Copper.... 1 1 3 . . Shattuck Ariz corp.. 8T4 2 Sinclair Consel 30 Ti . Skelly Oil Ce 9 12 . Se Perte R'ce Sugar 52 Vt 6 Southern Pacific... 92 4 .. Southern Rail 26 .. Southern Rail pf... 61 V .. Splcer MfK 20 1$ 8 Splcer Mfg pf 91 4 Standard Oil of Call06Ta H Standard Oil of X J180 7 Stand oil of X .1 pf . . 1175$ 3 Sterling Products.. 52V4. 3 Stewart Warner Spd 43 4 .. Sfremberg Caiti... 47 Vi 10 Studebaker 125 4 .. Sub Beat Cerp 6 .. Superior Oil 59$ .. Sweets Ce of Amer. 2V4 .. Tenit Cern & F "A' 2V4 .. Tenn Cep & Chem.. 104 3 Texas Ce 46 T4 4 Texas Gu f & Sulpu 49 . . Texas & Pacific ... 31 Ta 1 Texas & Pac C & 024 4 6 Tobacco Product.. 55 V4 . . de Cash 554 7 Tobacco Pred nf...1074 .. Tobacte Pred A.... 80 .. Tobacco Pred rts.. 24 Vi . . de Cash 24 . . Tel St L & West 52 .. Tel St L & W pf... 50 .. Transcontinental Oil 13Ta C Union Bag & Paper 69 . . Union Oil 20 Ti 10, Union Pacific 146 4 Union Pacific pf 77 Ta 7 Union Tank Car.. .101 2 United Alley Steel.. 37 V4 8 United Cigar Stercs140 .. United Paper Beard 18 .. United Rwy Invest. 15 . . Unit Rwy Invest pf 30 . . United Retail Stores 68 . . Un Re Ster rts cash 4 .. U S C I P & Idy.. 33 54 .. US Feed Products. 7 .. U S Ind Alcohol... 67!4i . . US Realty ". Imp... 74 V4 . U S Rubber 57 8 U S Rubber 1st pf.104 5 U S Steel 101 4 33 V2 7 66 4 73V4 57 4 104 101 Va 1 20 NO U S Steel pf 120 1194 De Odd Letn 120 120. . U S Tobacco 60 60 2 Utah Copper 65 V4 64 4 . . Utah Securities ... 16Vi I6V2 . , Vanadium Cerp ... 49 4754 . . Va-Car Chemical... 29 28 54 . , Va-Car Chem pf... 66 65 . . Vlvadeu Ine 1 1 '4 1 1 '4 . . Wabash 1 3 Va 1 2 J4 . . Wabash pf A 33 Ta 32 4 1 Weber & llellbrener 12'i 12V4 7 Western Klco pf...107V4 107 Ve .. Wrstern Maryland. 11Vi 11)4 .. W Maryland 2d pf 20Vi 20 V2 .. Western Pacitlc ..184 18V4 7 Western Union Tel 110Vi 110 1 WestlnK i: & M . . 62 Vi 61 Va .. Wheeling & L K. . 14 13 Vi WlKe-ing U L K pf 25 Vi 25 54 2 White l-'iKle OIL... 25 V2 25 V2 4 Whlte Moter 47 Vi 47 54 White Oil Cerp.... 7 7 . WlcUwIre Spene$tl 15Va 14T4 .. Willy Overland .... 7 6Ta .. Willi b Overland pf 40 39 J4 7 Woolworth V W pfI20V2 I2OV2 4 Werth Pump & M . . 50 Va 49 Vi 60 65 Va h I6V2 49 29 66 1 1 Vi -13 V4 f 1ZJ4 107 V, 1114 20 Vi 18 4 1101', 62 'a 13V2 25 Ji 25V4 47 V2 7 1 1 vv rib -.w aya aye :x-6:vldend. 1 Kx-rlshla. MONEY-LENDING RATES NKWKK.Meniy nn lull, of ipllatHrel. epeni-d t,lay at .... ivitun.n iiiji. iciiBivinv, Tlme fundi uen nominal ni i COFFEE MARKET cent for i-r4eJ4 up te four menltn te Vt per cent eer the jear. Yent. Open IIIkIi Lew f'lnn (Moie .... .. U.21 H.-'i II a.lWJT IP i'5 U L'5 III 4 11. as II '.'4 tl 2? ,,. tu.aa f'j ii.aeetaa ii.ai 6 at in.'-'i' ''HJ tft.at .aa .. . te ai n.aj n.'.iiflK! . . . tit ai .2a The call lean rate en prime nncef wan reduced from 3V4 te UeallnKn In accept a n'r were, only mnd'raleli 'fhlln.. . . J72.one,l)00 jr.7,Ou(l,O0O SlO.ilnrent actUc. Jtutia were unchanged t "31, r .'"'a I Iloaten . SO.HUO.OOO na.sai 11U4 u as 7'1' per cent for Ihirtv In ninety da)a, n(1 .,,? N. V . ONii.aiiO.neii llia.fllie.iinii 7U! aie'iv'i te 8U per lent for U'O and lBO'iUya. t'lilcaue . S5.5gii.UUU 10a.700.iJU0 ......... uueriiiKH ui inn niuncai crude of mercan. a paper were only moderate, Quotations ;re nominal at 4 te H, i,er cent. nill.ADKI.I'UIA ;ul, 414 ptr ctn. Tie. i te 4H per cent! commercial paper re te lx menlha, ii te Hiier cent. ' . . tnai u.aa 10 0.20 9 in Ju.ai n.aa TU.-u v.-ji J time, three vv. j,? BRIGHT SPOTS IN THE LOCAL MARKET Phlja. Electric Issues Continued te Climb, With Common Pressing the Preferred A number of bright spots developed 'In today's local mnrltet, besides the Ht Rhewlns a generally streiijtcr lene. There was active trading, however, only in a few of the local stocks, but a widening clcmntul was noted which fore shadowed broader dealings- when the Kencrnl situation became clearer. The Philadelphia. Electric shares were outstanding featurea of firmness, with the common continuing te mnke new high ground for the year, reaching V2. lenvlm? If. V, nf n point te the 'better ever the preferred. Quite n few 011 the Street are of the opinion me steady forward movement In the various issues is discounting some important developments in connection with the company's affairs. Others, however, who arc Intimate with the operations nnd plans In contemplation for widen ing the activities In both the lighting and power business stnte that the un developed field which has hardly been scraped alone furnished Miflicicnt ex planation. Fer the first time In .some weeks Pennsylvania llailread dipped under jr. Tliis made n net decline of '2 points from the top price made Inst month, which, however, included the fit) per cent dividend taken off within the pe riod named. The relative heaviness of the stock attracted mere attention in view of the pronounced strengtli of the ether rnilread shares. Reading, en the ether hand, en n few transactions, re gained virtually nil of the decline sus tained in the lnte trading yesterday. The backwardness of this blft specula tive favorite is somewhat of a mystery, especially in its position te benefit mere Extensively from a settlement of the coal strike than any of the ether hard coal carriers. The almost revolution ary decision of tlie Supreme Court rela tive te the general mortgage 4 per cent bends hns In renllty created a situation which tlie shrewdest minds en the street Ji 54 54 1 5't 1 Ji ' .. 1 2J4 1 - 54 3 54 '2 are unable te decipher. One of the noteworthy features of tlie day was a smart advance in American Railways common te 1." en fairly active dealings. Te these who have quietly observed the steady absorption of betli the common and preferred stocks within tlie last three months it is surprising that the uplifting of helli issues lias net been mere rapid. Reflecting the ex treme narrowness of tlie market, Hrlll, en a few odd lets, was marked up 0 1 Ji 154 4 ' Va 14 Va 4 -l 4 1 points te li.J. American Stores was still allowed te remain dormant. After an early re covery te 141, a point above yester day's closing quotation, it fell back te 14!?. Less than 100 shares changed hands en either swing. P. It. T. tinnsacticns fell off mate rially, but the stock had the very strongest kind of support at l-'H-Philadelphia Traction, after dipping te Q7tt, came back te O.Vh. Union Trac tion, en the ether hand, retrieved jes (erday's lest of ground, leceverinc te 41. City Passenger Railway In small lets was taken at lid. a point under the previous sale. United Railroads of New Jersey continued te bring 200, the high mark of the jear. 1. (J. 1. issues remained neglected. Hlectric Storage Mattery in n midday spurt get within s of tlie high record nt 47. 4V4 1 1V4 '2 Va 1 Ji 154 5- 2 Ji - 14 Hi 3 54- 4 26V4 I- 2 48 Va 53 V4 t- "h 45 V4 31 1 53 -r Ji 33 4 14 50(4 - V2 3 V2 - Va 7V4- Vi 1 1 T - 4 3054- 24 1 1 - Vb 84- 4 30 V2 . 9V4 14 52 - 1 Ji 91T4 K 264 'i 60 20V4- 4 91 106 U 1 179 1'4 117 - J4 52 V2 . 42 Ti - Va 47 V2 V2 124Ji Vi 6 Va 5 H 2Vi- Vi !V4 10 4 14 4614 4 ' 49 1J4 31Ti Ja 24 Va 5514 1- 1 55 Ti 107 4 1 Ji 7914 4 24V4 Vb 23 52 1 50V4 V2 13 4 14 69 3V4 20 Ji - Ve 145V2 V 1 V2 77 Va 101- ij; 374 .. 140 -17 18 - 1 15 - J4 29- 114 66 Ti Philadelphia Stocks Net Tiw Clnie chKe. 21 1 11'i 1.1 U. 111!', 14.11, 1 iir-Wi''V,- is .""Vi ."'! 1 .VJ K5 -G no no 1 41 41 ?! HlRh 81 Alii Tns.. '21 0J." Am Rwys. 1." f)0 Am Sirs.. 144 14tAm T&T.li't lOtll & O.. .-.", :te Hi 111 .( ;. .'." 7 City Pnss Itwy ....110 lLTitCen Leath 41 aOtCM&Stl pref.... 4S"i 4S-1J 4S 138 40tChl It I & P G p c pf S3';s Klr,s 8.n."'S if, 4". Klec Ster. 47 -M'-h 47ai4-l 20 Kriel.t pf 12.-1 li '2r,U. LTiVi - (10 Gen Asph. GliVf, 0(1 Vi OO's Vt. I'J.-.tGen Mtr Ki L'l II! .. lOfMcx Pet..l78V4 173V4 nUVi U 10 Penn Cent Light pf fill 078 Pa It It.. 4(!Vi .13 J..'. 4(1 "i- 8 Pa Salt M UVa 70 V1.- TtlVa l 75 Pliila Ce cum pf.. 0'''s -MUji-wy... lOOSPhil Klec. 32 31 V, :V2 4- i'. 00 '1. .140 de pf ... 3ii 31 i. 1003 P It T . . 32V's 32', 301 Phil Trac. 00 G..U, 185tPierce-Ar- row pf . 34 ; 32Tf, 40tPltts Ceal 07 07 lOtKcuding.. 7(1 70 .lOfltp I & S 72s 72 GOOtSeahdA L IV- 1(. 7.1tSenrs-Ree JW; SOU lOtSeuth Hy. 2.VH 2.1TS 200Tone Pel. K's lnft 20 Tone Min. 1 Vi 1 Vi -,T;3ft I 07 1 ! 70 1-t, , WsH". 7'. V I SHVJ-3V8 -'.''fi.. 1 '.. Hi.. 41 - if, 200 . . ' 85 L'n Trac. 41 40 13 rCesXJ.2O0 200 4R0 11 G I .. 52 r.lVL 138 de pref . 55 ,15 .15 . . tNet chnnge irmle by cemp.irisnn with last enle en New Yerk Stock Uxi'hanE. Tntnl eules. "tin hhareH, tomrareil with! 8040 aliarcs yesterday. Thus lar this week. IB. 005 Bhurci, IMIII-ADRI.rillA IIONDS ' 30000 Victory 4-y,s called 100.40 300 Victory 4I)',s called 100.2(1 54- 14 ', 1 Vb 1 I- 14 V2 1 f. V4 400 Amer tins A: Llectrlc ,1s. 8S 500 Amer Gas & KIcctric .Is. Oil 5000 Phlln Ce c 5s iinstainped. hflf. .1000 Phlln Ce con 5s S7 " 1000 Phila Klectric 1st 5s 1001 4000 Phlla P.lectric 1st 5s loe 1000 Phila KIcctric 1st 5s 100i 2000 Phlla KIcctric 5i(.s 101 ' 2000 Phila KIcctric 5' .s 101 100 Phila Kleclrle (Is 100 14 4 "fVi 1 214 Va 2000 Phlla KIcctric (Is 10)1,., 2000 Phlla KIcctric (Is 101a' Tntnl. J'H 1100. cnmpaied with Jlli.JUU u. terday Thus far this wcli, $s(l,,"iU0. 33 4 1 J4 - - Ji - 54 - 54 - Va 24 1 Va .. . . .. .. GRAIN MARKET Wheal Kcplcmucr December May . Cern Keptunber Dnn-mbvr May ... . Ontn Hepti'inlipr D01 1 nitjer M . I.ard Hepttimber October . Itlbii Pdilernliur October Op.'n . 1 lll4 1 01 ', . 1 tin5. , r.7. r.:i mi . .'in;. . :r." liik-h 1 U'. 1 eaVj 1 07',ti r,n si r.7 Low Lew till '4 1 neS 1 w, fill ae' S'J 3U'4 1 HUH 1 HIS 1.0II r.s' sat, in: a7' in 72 !!' a 7 in. us .lu.73 10 115 1U.75 in, 70 le.;.- 15 - GTa . 40 20 Vi 50 Ji 9J4 10. se n K7 11 10 COTTON MARKET Prev. cloud Open HlBh I.nw Clene uct . .u - 'J i'i -u III an tin an An i iiii ae.ia 2o.e('!iia 2O00 20 47 61.10 20 ea ae nu Dec ., 20.22 20.40 an tl J Jan . an 12 2" an 20 ,10 Mar... 2D. HI 211 31) 20 50 both tlasuM Ijuly l"e 'liH iVuil T(i.'u7 3!i p,r c.nt rfput-ae h.1 Nominal Mas ao.ne an. 17 au, 11 w.wu -...'' I i,. ii' - und L BANK CLEARINGS Hank ttearlncH today compared with cer. renpendlmc clay lam two yearai bank accent, 3 per lent TOO MUCH IIUHINKR8 Intereetlnit butlneu llama rht en the flrat db dally. "Make It a jlablt." idv. TAX FREE. Vs. TAXABLE BONDS We have prepared a pamphlet containing a table from which an individual may ascertain at a glance if a tax-free or a taxable bend is the most profitable in his particular circumstances. The pamphlet also gives the tax features of Liberty Lean Bends and the limitations of same. Owing te the nearness of the date en which freedom from taxation of income from a certain amount of the Liberty Leans will cease, this sheijld pi;eve of especial interest and value te these whose taxable in come is $25,000 or ever. The pamphlet will be mailed upon request. MELLON NATIONAL BANK PITTSBURGH Federal Reserve Beard's Bulletin en Credit Insurance In the Federal Reserve Bulletia.fer June, twelve pages are devoted te a study of Credit Insurance. This indicates the increasing importance of Credit Insurance in the eyes of banking authorities. y This Federal Reserve article is extremely interesting and instructive. Every Manu facturer and Wholesaler should read it. Te make it easy for you te get a copy, we have reprinted it in pamphlet form, and it will be sent you free upon request. Write or phone for your copy today, also for full particulars (no obligation) of the American's Unlimited Policy of Credit Insurance, which guarantees te prevent, else pay, bad debt losses beyond the normal. Alse Limited Policies at lower cost. Payments te Policyholders ever $11,000,000.00 AMERICAN CREDIT-INDEMNITY CO. or NEW YORK E. M. TREAT, president ISSUES STANOARO UNLIMITED POLICIES W. J. Merphy, Manager J. F. McFadden, General Agent 101 1 Chestnut St. Phene Filbert 5503 Philadelphia, Pa. afdendfyM 111?!1!!, North Philadelphia Trust Ce. Bread St. and Germantown Ave. Above Eric Ave., Philadelphia Net Merely a Place te Handle Meney The Heal Estate Trust Ce. is a "business nnancial fecal point in close touch with first hand .sources of information throughout the world, with a wealth of worth-while experience ier you te draw upon at any time. Such service , . w- iU. niust use in erder te knew its full vnlue. THE REAL ESTATE TRUST CO. OI! ?HILADPIPHIA Bread and Chestnut Sts. HARPER &TURNER Invfitmrnt Bankers fftmtm Jflte4tpMa Stock ruchtntt STOCK EXCHANGE BUILDING 4. 1' m is distinctly noticeable throughout our entire or ganization. This is true because our cor diality isn't forced we nre genuinely interested in our clients. If you are a stranger you will be met by a respect ful attendant who will at once introduce you te the officer who can best advise you. In this way all who de business with us become personally acquainted with our officers. WANTED 10,000 Shares Tecopa Consolidated Mining Ce. at 12 .' (Al, or any part) ', , WM.H. FAUST l f,ndTltU Hulldlng. Hiref tT3 rj x . jf . ! Wi -rf. rt i.im. .. f . -- .. v .fcj!'t' l J6.
Significant historical Pennsylvania newspapers