"wfimwn ''!' $m r"r'j:wt WW" J v - v- ;, I t.r SfcS & EVENING PUBLIC tEDGER-PHILADELPHU,' TUESDAY, AUGUST 15, 1922 sivi J ! r,- INCOMPLETE NEW YORK BOND TRANSACTIONS . ISO .111.04 ' 1)1.68 61.10 OO.Jil ' oi.je oejii ei.M t ei.w i IIO.M loe.oo r Range Since T)te of Issue LIBERTY BONDS AND VICTORY NOTES nm May 2?.!1 AUK. July July July July July July July July July July July July July Mar. Apr. 1 .'22 25.' 22 29,'aa 24,'2'J 23,;23 2','U 24, '22 24, '22 SB.'22 20, '22 2.1. '22 27. 22 2022 2022 822 Lew 8(1.00 80.14 83,00 82180 81.40 si, no 011.00 84.00 4.00 84.1 81.40 68.611 8.1.00 82.44 82.44 82.00 04.70 94.08 lint June 231 11, '31 1020 10.20 2020 21, 20 420 31, '20 00211 2020 2820 3U2II 1020 2020 2020 2020 2120 Binn, '22 Jul May May, May May .Tune May July May tire. lc. May May May May May lllah 101,2(1 101.01 101.08 101.00 100.80 100.04 I02.ne 101.78 101.40 101.00 100.80 101.00 100.80 101.8(1 101,02 100,08 100.90 Tt 94.84 0J.8J an, 70 97.80 93.00 9.1.B0 08.00 00.00 03.8.1 94.18 1,8.08 90.74 94.72 IIS. Nil 00.70 100,02 00.81 laeie Lbtrty 8V, , 1932-47..., l.lberty 8Ws. registered... Liberty 1st cv 4a. 190247 Liberty 1st cv 4s. registered Liberty 2d 4a, 1927-42 Liberty 2d 4a, registered Liberty 1st 2d cv. 4U a. 1982-47 Liberty 1st cv 4Va, 1082-47. Liberty 1st cv 4i a, registered..? Liberty 2d cv 4Ue, 1027-42 Liberty 2d cv 4(ie, reilateicd Liberty 3d in 1028 Liberty 3d 4tt. registered. Z.',.: 1088-88 HUh 100.04 Lew 100.80 Last 100.80 Net Ch. .12 io'e'.io iii'.ii iei.'i'A 101.10 1(1.30 101. Victory Victory Liberty 4th i. neriy tn 4Via. rcsistcred 1 . i 4 ft a. 1022.23. registered. 10 100.80 100.89 100.64 le'tldn let. in 100,88 100.83 100.4S iel.'iil 101.10 .08 'ei 100.40 100.80 100.40 iei.'i'ii 101,10 100.80 100. 00 .10 .04 100.4? -100.1(5, . 10(5.48 - 2(1 . 101.10 .04 100.82 .02 100.62 (SALES IN 11000 FOREIGN HONDS i ""JS.? Xtt AWT e ... n I,... 100H 1.... 100H i.... ioeh b.... mew i.... ice" . .... 100X Chinese Qeve't n.V'58H City Berne 8s' 1.... 11SH II.... 113H cty herd'x Os M 83H 1 82H 8 82W 8 82 T 82 Cty Chrls'a 8s 1.... iwit City of cooen ceoen coeen titan 84a 1 02 1 92 City Lyens fls 8.. 4.. S.. 3.. 3.. 10. 83 83 824 82 82 82H vClly Mara'a Oa 1 tws 1 82 1 82 1 8!K 10 82 City of Monte video T 1 04 1 04H f 04 1 04 Cty Torte Ale trees 1,.... 00 Cty Rie i Ja osrle 8a "1 3. a... l... l... B... 1. 90 08 06 00 90 00 Cty Rie de Ja- Blrle ct 8s 1 00 1 084 1 084 1 08"i 1 08V4 City of Sols Sels sons Cs i am City Zurich 8s 4.... 113 10.... 113H 1.... 113 .... 113 ClKhO'Slevulc Rt'c 8a wl 1. 4... 2 . 6... 1... 1 2... fi... 1.... OSVJ 05 0,1 III U4l; 03 01 0.1 IHH Etnmara Cen ct D 8s 1.... 109 Dirt Seine 71 1 B. . 2 7(ale) 1... . 1... 1.... D Canada 1.. 1. 1.. 8 . 1.. t Canada m 4.... 102 1.... 102 D Canada '81 1 00 .... 100 J.... 100 1.... 100 1.. . 100 De Can '62 wl 00 00 00 00 00 00 00 i 2il 00 0!S 0! no, OS's 10.. 4 2 1 8 4 T 4 1 4 .... 9 ".::::: i 7 Dutch E rets '47 8 2(aale) :e 1 1 IB 8 Dutch E Ind'a rets '62 00 00 90 00 00 90 Pit 90 90 08 00 08S 0SH 08 08 98 Ind'a 95 95 05 05 95 95 05 95 6.. 18 1 .... 1 1 1 94 95 95 01 04 04 0.1 8 04 1 93 fi 03 Qeve't French n 7 a reta 1 B... B... 1... 11... 80... 1... 1... B... 8... 8... 1... 1... 2... 1... 4... 1... 10... 8... 2... B... 8... 4... 8... 1... S... Qeve't 4.... 7.... l(flat) 4.... 2.... B.... 10.... 0.... 1 90 00 'OD 90 00 99 , 90 09 09 98 00 00 00 10.. 10.. 4.'. 2.. 1.. 25.. 1. . 00 100 , 100 . 08 . 08 . 08 . 00 . 98 . 0B . 00 . 98 . 00 ritu 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 101 101 Jap Qeve't let 8 IB. 2. 3B. 28. 1. Jap Qeve't 2d 80 03 4 03 2 94 Jap Ceven' t 4a 05 04 94 94 04 04 78 78 78 78 78 78 78 78 78 K Uelglum n 1 90 K nelf'm 7 a 10. 2.. 1.. B.. 1.. 4.. &.. 7.. 1. 1.. 23.. 4.. n.. i.. l.. 2.. 104 103 103 103V. 104 104 104 104 1. B. B. n. l. 3. Kingdom K rjftslum 8a 103 103 108 104 101 Den- Murk 6s wl 2 09 1 00 4 00 1 04 Rlnedem Den mark ct 8a 8.... 110 1.... 110 It Italy Ba 1 00 10 00 K of Nether lands 6s 07 07' 07 97 07 97 07 07 97 07 0G Ner- r. 2 .1 4 I 11 '.'.'.'.'. SO 2 18 2 7 Kingdom rny ct 8a 0.... 111 1.... Ill 7(eale) 111 B.... 111 1.... Ill K Sweden Os 1.... 104 4.... 104 1.... 104 1.... 104U Paris-Lyens M ea wl 7. 1.. 1.. 3.. 2. 1.'.' 2.. 4.. 4.. 1.. 1.. 1.. 1.. 1.. 8. 77 77 77 77 77 77 77 77 77 77 77 77 77 77 77 Prague ct 7 a 1 82 4.. .. 82 1 82 8 82 Queensland (Is 7.... 103 1.... 102 1.... 102 Queensland 7a 1 1. B. 1. S. 1. B. Republic 110 110 110 110 110 110 110 Beli via 8s wl 1 2. 1. 1. 1. 3. 1. 1. 1. B. 12. 4. 10. 4. Rep Chile B. 09 07 08 97 97 98 98 07 97 98 OB 07 07 07 '21 102 3.... 102 1.... 102 Ren Chile '41 1.... 103 7(aale) 103 1.... 103 1.... 103 Rep Ctalle '40 8.... 108 3.... 103 2.... 103 7(aale 108 1.... 103 1.... 103 Rep Cuba 4 s 10 81 R'e of Uru guay 8a 1. 2. 1.. 1.. 1.. 4.. 25.. State 104 . 104 . 104 . 101 . 101 . 104 . 103 TUe Q' Du Sel 8a 2 00 1 00 2 00 Se Perte It 8 7s rets 1.... 103 8.... 102 State of Sae raule ct 8 B.... 100 6.... lOOVi 1.... 10O 1.... 100 Swlts'd Cen a 2.... H"a 23.... 110 B.... 110 1.... 110 5.... 119 -tealc) 110 0.... " 2.... 119 U K Qrt Brit A I'd 1022 10.... 100 1.... 100 1.... 109 7(eale) inn'! 1. 10.. 1.. B.. 1.. 1.. 8.. 1. 100 100 100 100 100 100 100 100 U K art nnt A I'd 1020 2.... 100 10.... 100 4.... 1M B.... 100 B(flat) 100 1.... 100 U K Qrt Drlt & 'd 1037 1. 3.. 42.. 2.. 8.. 13.. B-. 101 101 103 103 103 105 105 U S Dra 7a wl 4 8.. 1.. 13.. 1.. Un'd S 03 , 03 , 03 . 03 . 93 Uracil 7s rets 12. 0. 4. U B 1. 2. 1. 80 8 ... 80 Ilrazll 8a .. 101 .. 101 .. 101 7(eale) 101 1.... 101 2.... 101 0.... 101 2 . . 11 2.... 100 7(aale) 100 1.... 101 1.... 101 2.... 101 1 100 6(eale) 100 1.... 101 U S Mexico 5a 10... B... 1... 67 B7 37 Adaraa Exp 4a 8 80 Am'n Agr'e 4 Chm Ba 1 98 1 08 Am'n Agr'e Chm 7s 1.... 104 1.... 104 6 ... 104 1.. . 103 Aw B & n 8a 4 .... 0 1 . . 04 American Bug TitCe a 1 108 2 .. in 3.... 103 1.,.. 103 1 ... 10.1 3.... 103 4 . . 104 1.. . 108 2 . 103 Am T & T ell 2.. .. 08 1 ..03 8 .... 03 A Tel & Tl 3s T , 00 S Mult) 00 00 10 ... 90 ... 00 Am Writ ! 10- 80 Amn'n Water WerKs Be -81 Annare'a Cnp Mln'g im 4s , B 85 Ant Jur unt'd U WUn 6 1 82 1 . 82 I R2'i ? .. 82 I 82 (flat) 82 Arrnnur 4 a J 01 .. . 01 4..... ei JaSFial ? 83 83 J 81 :Vbk.i. D0MB8T10 neNns Atch T 8 Fa Aria Dlv 4a 10 04 A Tranecentt'l Short L 4a 2 86 A Coast L ell S 64 10 84 5 84 1 84 A Ceaat 1. 7a B.... 107 Atl'e Krult 7a 8 .... 88 3 .... 38 1.. .. 3S Atlantic) Itaf'g fia wl 10 96 B .. .00 Atlantic Itet'g ct 6a 2.... 103 Dalt A Ohie cv fi 80 B 80 B 86 2 4 $n Dalt A O 3 1.. .. 01 2.. . 01 3 01 (1 114 Dalt A Ohie Is . R4 . 84 . 83 A Ohie ,1 . 88 .. 88 .. 88 A Ohie n 101 101 101 101 O P I. B J M fit1 0?H 4- Rnlt 1 1 I Halt 1 1 1. r. n a W Va 4 2 . . 82 Rait A Ohie S W'n 3a 1... . 02 8 02 6 02 II A O Tel 4a 1 70 1 70 Ilarnsd'll Cerp ! 8a 1.... 102 V, 2.... 102 Salt Telepftehi L..JQIU !,... 108 108 Deth Steel M 2 04 1 94 II Steel Cs '36 1 93 2 92 1 98 3 03 Deth Steel fls B.... 100 2.... 100 8.... 100 1.... 100 Drad'n Cep M Cemp'y Oa 1 00 Dkn Kdl Cn 3a 1 00 i en i.. .. en Bkn Edl Ce tie 1.... 102 Hroeklyn 1WI eon D 7s 1.... 108 1.... 108 Dkn Rap T 8s 1 02 Dkn Rap T 7s 7.. . 83 1 . . .83 Rrcek'n Union Elev'd lat 1 84 Hkn U Oaa tat 1 OS 7(aale) 08 11 . 00 Dkn U Ons 7a 1.... 110 Ruffalo Rnrh'r L I'ltt 4a 3. 03 Iluffnle Rech'r A Pllt ,1s 1 . 102 lluite A Super Mln'ne it 1 . . . . 103 1 .. 101 Calf CI & V 5a 2 90S Canadl'n Nlhn 0a rcta 1.... 111 1.... 111 Canadian N 7s 1.... 112 l.... n: Cana'n Tae 4a 1 80 a 80 in 80 I,.,.. 68 3 80 2 80 8 80 2 SOU Canada S'n 6a fi.... 101 Ct'l D "rtle Ea 1 00 2.... 10O 0.,.. 100 Cen'l of On (la 8.... 101 7.... 101 1.... 100 0.... 101 Ctl Leather Ba 1 08 Chea & O 4 s 0 80 3 88 C A O cv 4a 1 80 1 80 10 R0 20 00 be no 25 00 Chea's A O Ba 1.... 103 1.... Cn A O 10 103 cv 3a 07 07 07 07 07 07 07 07 07 07 07 07 07 07 07 07 1 97 Chea'a A Ohie Ceal River 2 87 3 87 Chl A Alt 3s B... B... 13... 1... 0... 1... 8... 1... 2... 2... B... B... 10... 2... 01 B0 B0 fil CI 61 fil Bl Bl 61 Chi D A Q trm E. 1. 1.. e Ss. n V.'. 2.. 17.. 2, 8... 8... 8... 1... Chi II 1... B... 1... 3... 3... 10... 90 .. 90 -. 90j, .. 00 . . 00 A Q Bl . 101 . 101 , 101 . 100 . 100 100 C A 13 I Ba '51 2 83 10 HI 4 83 Chi A Erl lat 6 08 Chi tOWH 2 SO 3 30 l no 2 50 2 50 C I & L fia '47 10 7 C I A L Oa 'HO 1 90 Chi Mil A Pit Sound 4s 2 74 Chicago Mil A Paul 4 s 14 70 1 70 Chfcnee Mil A St P d 4s 1 .... 07 Chlcncn Mil A HIP 4s '2.1 20 83 2 83 4 84 2 84 r. 83 Chicago Mil A StP cv 4Vi 72 72 72 72 72 72 73 14.. '1 2.'.'. 1... 2... 15... 4... Chicago Mil A KIP M 4s B nn 1 06 2 0 Chicago Mil A Bt V cv Bs 1 77 1 77 1 77 2 77 2 77 Chi A Nn urn 10 80 C A Nwn 3s 1 781 Chi A Nwn 7s 1.... 107 3.... 107 2 107 Chi Rwya Si 1 82 C R I A P fd 82 82 82 82 82 82 82 82 Chicago Union Sta 4 a 28 02 Chicago Union Sta ct 0s 1.... 117 Chi tWIO 1 78 1 70 2 70 C A V I 7a 1.... 102 Chile Cep'r Oa 0 02 t.(aale) 02! 0 1 1 B 10 .... Cln Oaa fi .... CNVIi 'SO 1.... 100 Cl'd Cln Chi A St L gm 4a 10 83 Cl'd Cln Chi A St Le 4a 3 02 Cl'd Cln Chi A St Leula 6s 2.... 101 3 .. 101 CleveI'd Union Ter'l 6s 103 92 03 03 03 03 Ba 08 1.. fi.. 10.. 1.. 1.. 103 103 105 103 103 2.... 105 1 ... 103 2 105 Cl S L 4a 1 75 Cel lndua'1 fia 1. ... 78 Cole A S 4 a 1. ... 00 2 91 1 .... 01 Columbia O A Klee lat 1 .... en 2 93 Cel A Ninth Ave K RBa 3..i. 22 Cem Cable 1" 2..... 70 Cen'd Ceal Ce of Md Ba 2 90 7(ale) 98 1.,... 90H 6 90 12...., 90 C... 0 2 90 7(aale) 00 Cuba Am H Si 1.... 107 Cuba C'e S ev 2 80 6 89 5 80 Cuba C'e Sur 8a sta'd 3 91 8 91 0 00 1 91 O(aale) 01 Cuba nil 7 a l.... ion D A Hud fi B.... 101 3.... 101 3.... 102 Den A It O fd Q Day A 3ft 1 1 1 W b 13 13 18 18 B. 1... 1... 2... 7... 8... fi... Den A 2... 4... 4... 4. 40 40 40 4(1 40 4n . 40 R O 41 .. 77 . 77 77 77 D A R 0 4s 2 81 Den A R CI .V B 80 4 80 1 80 Dct Kdl Ba '33 1 90 Det Edl Ba M0 1 06 Det Edl Ce (Is 103 1... fi... 4... 3... 3... 0... 2... 1... 103 10SH 103 103 104 104 103 104 Det Tun'l 4 a 1 80 Det U R 4a 1 88 D Match 7 a 1.... 107 Distil Security Cerp Os 1 45 1 45 1 45 Dener 7a wl C 08 D ds Nemeura. Fwdr 7 13.... 107 13 107 8.... 107 2.... 107 Duq Light 6s 2.... 101 fi.... 101 1 103 1.... 103 1 108 Du Light 7s 4.... 107 Empire Oaa A Puel 7 a 2 88 20 98 1 08 10 98 2 08 Erie Genl Lien 1 85 3 55 4... 1... 0... 1... 1.. 1... n.i 55 3B B.1 55 60 Erie RR cv A 1 32 1 33 1 53 Erie RR cv 13 4 B3 Erie RR cv D 4 57 Erie RR Ce 4s fi .... 08 Erin A Jer 6a 6 95 Flelt Rub'r Ce 8h rcta 1 105 Tram'n Induat Dev 7s 2 en 2 en 1 00 Frnnclse Sugu 7a wl fi 100 1 100 Gen'ee Rlv 0s 1 .... 01 1 01 1 03 Gene'l Elec fls 1.... 107 2 107 1.... 107 4 107 R F Ooedrlch Ce 6a rets 4 ... 101 2.... let's 2.... 101 7.... 101 101 101 101 101 101 101 102 101 ler 101 lpl "7t 101 T A 81 100 100 100 100 100 100 ioe 100 100 100 100 ioe 100 101 100 100 Si 100 100 100 100 100 T A 41 111 114 111' 114 111-1 114 111 114 4.. 2. . 2.. 1.. e .i" 10.. 5. . 5.. fi.. 4.. Ooedyear Rub'r 2.... 3.... 2.... 6.... B.... 6.... 10.... 4.... 3.... 1.... 1.... O 6.!!! 5 .. . 1.... 1 ... 1.... e.. Ooedyear Rub'r O 1... 4 .. 2 . n... ) Granby c Ml' S A P 8a 2..., 90 1 90 4 .. . 90 Gr'd Trunk of Can 0s rcta 2.... 104 2..., 103 8.... 103 Or'd Trunk et Canada 7a I.... 110 1. .. 110 Great Nerth'n Ry 5a 1 3.. 1.. 16.. 1.. 3.. fi.. 12 . 1.. Great 103 103 108 103 103 103 103 103 108 Nerth'n Rall'y 7a 8,... 11.... 3. ... 8,... 8. . . 1..., 110 110 110 U0 ill 111 Heck Val 4 a 1 88 Iteland-Am'n Line 6s 1 KOU Hud A Man fd 4 8B 1 85 1 85 1 83 Hud A Man lu 1 64 0 04 Humble Oil A Ref Ba wl 1.... 100 '1.... 100 3.... 100 Ills Cen 4s '32 1 88 2 83 2 80 Ills Cen 4s 'B3 4 83 III C St L A N Or Jt D Bs 4 0 0 Ills Steel 4s 2. 80 1 fi 7(aale) B 8 fi 8 Indl'a Steel fie 2.... 100 1.... 100 10.... 101 Int'e Met 4s 0 12 2 12 Int M ct 4s 02 02 02 92 92 02 02 92 02 0. 11 4....1 a IB 23 Intb'e It 11 7 B 2...,. 20 1 2 8 1 10 1 8 6 2 0 Intbore 12 127s .2 111 12 12 T fd 00 69 09 00 68 00 08 68 nil 08 68 08 68 68 68 Rapid Tran 7s wl 11 en 4 96 Intern'l Acr'e Cerp'n 6s 3 80 4 80 Intr'l A Qreat N'n a wl B.... 1.... 32 Bl Bl -Qreat Bs 04 04 fi.. Intr'l eV N'n ct 10 1 I M Marina 6s 2...... tin 0 1 Int'l Pap 4 1 Int'l Pap 1 (I(aale) fi 10. 1... 1... 1... 12... 1... 8... 10.. 08 93 a Ss 88 n8 b 6s 87 87 88 87 87 87 87 87 88 87 87 Invincible Oil Cerp 8s 2 91 2 95 5 9.1 Iowa, cnt'l 4s 1 40 Iowa Ccnt'l Bs 1 80 Jullua Kayaer A Ce 7a rets 5.... 104 1 104 Kan C Ft S A Memp 4s 1 80 2 60 Kan C A S 3s B 70 Kan O A H 3i 3 01 2 01 Kelly Sprlng'd Tire 8s 1 108 O R Kinney A Ce 7 a 1 97 Lack Steel '33 1 . . . . iuO 3 100 1 100 Lack Steel '30 1 90 Lake Shere M S'n 4s '38 6 93 5 ... 9.1 L Valley 4s 1... 03 Lehigh Val 0a 1 103 I, A Myers 7a 1 ... 117 1.... 116 1.... 117 Leme Il'd R fd 1 81 3 81 3 81 1 81 2 81 L lid R Sa '37 1 r "it Lerlllard C 7a 3.... 114 Le A Naih 4a 16 03 Le A Naali 7 a 1.... uun Leula A Neah Mone 4a 3 82 6 82 1 82 La A N V Ba 2 98 Manatl Sugar Ce 7 a 10 98 1 98 3 08 2 08 1..... 08 1 08 Market St Rly a Fran 1st 3... . 88 2 88 1 . . . . 80 Market St Rly S Fran 6a 30 03 Mex Petr'm 8a 1,... 105 1.... 10,1 1 ... 105 1. .. 103 Mich S Tel 5 I. . 08 Mid S A Or 5s B .... 88 0 (sale) t.S 1 80 2 80 3 80 Mln A St L 4a 2 43 ....1 .48 5 46 1 43 M A BtL fd Os 4, ... 47 2 40 M A BtL en Bs 1 91 4 81 t I M SIP A S Ste Marie 4s 33 i M StP A S Ste Marie 6s 8.... 103 1.... 103 Me Kan A Tex aj wl 10 B8H B 38 (tl.... 68 0 (10 14:.... 38 8 fi8 30 38 ' fi 66 20 38 8 BB GO SO 7 60 7 B0 6 30 N A Kdl'n Ce 6s ret 6 02 1 93 8 93 3 93 N Ohie Trae A Light 6s 1 98 1 0BT4 North Western Dell Tel 7a Ife K A Tex 4s B 83 19 83 Z 83 k 25 83 25 83 Me Kan & Tex Ba wl 0 83 1 86 8 eh 3 8.1 Me Kan A Tex 6a wl 3B 96 me Faclne 4a 4. 3... 3... SB... 3... 8... 3... 1... fi... 6... 1... fi... 6... 66 67 66 66 67 66 80 87 66 08 66 00 67 Me Pae 6a '63 10 88 1 88H Me Pacific. 6s 8.. 3.. 1.. 1.. 4.. 3.. 101 101 101 101 101 101 108 108 108 108 108 108 108 108 103 Pwr Ba 93 93 91 Ore A Calif fis 8.... 104 Oregon S L 4a 8 03 Oregon S L fia 3.... 104 Ore-W R R A Nav Ce 4a 3 83 8 83 1 83 3 83 Otis Steel lata Ment'a Ct'l 0a 1.... 100 Ment'a Pwr Sa 1 00 3 00 Mentr" I Tram ways Sa 1 88 8 88 Merris A Com pany 4s fi 86 Nassau Eleo'e Rwy 4a 8 61 1 fil 4 C3H New Enc Tel Ce 5a wl 25 00 1 08 4 98 1 98 1 (flat) 99 1 98 6(sale) 98 1 (flat) 98 23 00 N Orleans A N E'n 4s 10 84 New Or Tex A Maxlce Bs ' 1 78 1..... 78 1 73 0 74 11 74 N T Ct'l 3s 44 70 2 70 1 7 N Y Ctl ne 4s B 68 S 08 N Y Cent'I 4a 3 01 1 91 N Y Ct'l 4s 3 88 N Y Cent'I fis 9 07 2 07 fi 07 4 87 12 07 0 07 10(flat) 97 2 07 10 97 3 07 0 07 6 07 1 07 8 07 IB 07 1 07 S 97 10 97 13 07 2 07 2 07 1 3... 2... Pae Q 3... 10... B... fi... If... 3... Pae fi. N Y. Cent' I fls 10 1. 3. fi. 12. 2. N Y 1. 2. 1. N Y Leula 1. 108 108 .. 107 .. 107 .. 108 .. 107 Cent'I 7s .. 108 .. lb .. 105 Cht A St 4s 00 N Y Edl'n Ce 6s rets 3.... 113 1.... 113 1.... 113 2. .. . in 3.... 113 N Yk Light II A Pwr 4s 1 83 3 83 8 83 New Y N H A H 4s 'SB 3 BB New Y N 11 A II 4s '37 1 10 New Y N II A llart'd 6s 1 83 6 83 New Yerk O A West'n 4a 8 76 N Y Rys ct 4s B 36 N Yk Rlya Ba 1 64 New Y Buaq. A W gm Ss 1 65 W Pa Pwr 8a 1 08 N Y Tele 4a 3 05 lfl(aale) 95 N Y Tele'e '41 107 108 107 107 107 107 107 109 N Pacific R 4a 3 68 R 88 a 88 3 88 N Pae 11 fis wl 8. 8.. 4.. 4.. 8.. 4.. 3.. fi. 07 97 97 97 97 07 ! 07 N Paelfl H 0s 3. 30.. 80.. 2.. B.. 60.. 61.. 1.. 8.. Nth 8 28.. 8.. 1... , IOOH , me , 100 A E 5a .... 03 .... 03 .... 92 .... 93 .... 98 .... W Power 3i 00 Paclfle R R.ef Me lat 10 88 ti Pae T A T 6a 1 07 8 07 Pae Tel A Tsl Ss ret 8 1 3 4 20 2.1 2.1(Mle) .1 04 03 08 98 08 98 93 03 98 Packard Moter Car C 7s 1.... 107 a..,. lOTil Pan-A TPetr'm A T CO 8s 8. ... 101 ra K it 4a '48 1 08 Pa R gm 4s 8 88 12 93 11 03 3 03 Penna R R n St L A B Fran Series A 4 78 1 73 8 18 1 78 1 78 6' 78 1 78 1 73 1 78 Kaale) 78 1 78 8t L A S Fran Series n 1 87 1 87 8 86 St L A fl Fran Series C I.... 10O 1.... 100 8.... 100 Bt L A 8 Fran 6 a wl 1 04 8 04 Bt Ij Bw'n cn 3 78 St L Bw'n 1st 3 80 1 78 6 80 Saks A Ce 7a 1.... 101 1.... 101 1.... 100 2.... 101 Seab'd A L a 10 371 3 37 Seab'd A L fd 6 44 3 48 3 4B 3(ale) 44 3 44 1 44 1 44 1 37 Seab'd A L 0s 1 84 3 64 8 !. 4(flat) 03 8 64 3.. 3.. fi.. IB.. 1.. 1.. C. A fez 64 U, 64 64 64. 64 & 64 64 9..... lOBtt v-C Chtm er WlUen C er 3.... 108 wr'd 7H 2 98 3....' 108 10.. i.. 98 .1 ejH V B BUam B 39 98 20. ... . 98 Ce Cep 6a wis 8 98 Wale) OB 1 2HVRwyC0Bs IJ 05 C'dBBtealBs 1 98 1 00 7.... 104 2 0TH IB..,.. 65 1.... 14 J 98 10..... 96 1.... 164 10 98 Wilsen Ce lat 4.... 104 8 08 C... 100 8.... 104 7 98 B.... 100 8.... 104 10... i. 98 B.... ivu 1.... 104 Wabash R lat 2.... 160 Utah FA LB 1 99 O.t.. 100 1 91 ffMt'n Md it Wilsen C 7H 1 .... 93 8 66 1.... 106 1 91 1 68 8.... 100 Va-C Chm 6 Wn Pae lata fi,... 106 3 09 3i.... 86 0.... 100 Va.CCb.et7 3 86 1.... 106 I..... 08 1 86 1.... 108 8 fi West Shere 4 1.... 168 1. 98 8 88 B.... 106 ::.;. os 1 84 n.... 100 1 08 VVeetlnha'e E 8.... 100 1 8 A Mf 7 4.... 106 8.... 98 1.... 1B 1.... 108 1 99 3.... 108 14.... 106 4 98 7(sale)108 8.... 108 1 98 Whl A L E 4S Wlacen Ctl 4a Va-C Ch 7 1 78 7 88 1.... 108 1 78 Tednr'p sale f?'S?2'2?jl YestersWa esdea ll'SiS'SSS Total for this week 31.288.060 NEWS FUR INVESTORS Sh Steel II 8a 1 08 1 08 1 88 Sinclair C Oil Cerp 7s ret "99 99 99 99 90 90 99 98 00 09 c en 102 . 103 . 102 . 102 R 6 a 110 . llu . 110 . 110 . 110 . 110 R R 7a . 100 . 109 . IOO Per Marat 4 a fi 83 3 86 ran cnty fd 10 18... 2... 1... Penna 1... 3... 3... 3... 3... 4... Penna' 4... 1... 1... 1 3.... 2.... 1.... 0.... 8 1.... 3.... 1.... 1.... Sinclair Cerp'n 7 8.... 108 3.... 108 7(ale) 103 1.... 103 Sinclair Crude O F Ce 6 fi 08. 83 08 3 98 Se'n Paclfle fd 30 90 16 90 8 90 6 90 8 80 fi..... 00 1 00 Be'n Pacific 4s 7 88 8 S8.U B'n Pae cv 4s 3 8 1 98 1 01 3 98 Sen Paclfle Bs 8.... 104 S P Term'l 4s 48 00 1 90 Bn Railway 4s 3., 3... 3... 1... 3... 1... Pierce 1... 3... 4... 09 99 90 .. 90 ,. 00 .. 09 Ull 8S , . 9B . . 04 . 95 Pertl'd Rwy A Liht Bs '42 1 86 Produe A R 8s 1 101 ruh flerv Cerp N jay Bs 1 83 1..... 85 2 85 Punta Allegre sug Ce 7s B. 2.. fi.. 6.. 1.. 3.. 100 llu 100 110 no no Reading Ce 4a 6.. 1.. 1.. 1.. 1.. 1 . B.. fi.. 1. 106 lOOVs 106 108 106 108 106 106 106 N Y Tele'e '40 3.... 106 1.... 107 N Yk W C A Hest 4s 1 04 6 61 10 31 1 B4 Nla Falla P 6a 1.... J04 Nfk A W'n 4a fi.... 3.... 1.... C... 1.... Norfolk cv 9s 3,... fi.... 10.... 03 . 02 . 02 . 02 . 03 A Wn 114 116 11 "i 84 84 84 84 841 84 84 84 84 84 84 1 7(aale) 13 1 fi 1 B..... 3 1 1 IS Rem Arms 6s fi 94 B Of 1 91 1 94 1 96 Rep'e I A S Bs 1 03 1 0,1 Rie a A IV 4s 2 79 3 80 Reck Il'd A A Leu'a 4 a 1 84 fi 83 8 83 i saw St L I'n Mt A S'n Ry 4a 6(aaU) 88 St L I'n Mt A 6 Rly fia 2 us 2 0S 2 98i St L I Mt A 8 K A Q dlv 4a 1 84 B 88 St L Rky M A Pae R 6s 8 84 St I. A S r- al 4... 1... 1... B... 10... 1... 1. 60 60 60 60 00 60 60 Sn Railway Sa 6 H84 Bn Rall'y 6 3.. 3... 8... 3... 4... 3... 2.'.'. a... i.. stf A 3 fi 1. 1. 1. 2. 3. a. St L 1 B a i 7 1 4 5 3.., i, 1 ... , 81 81 81 82 82 83 63 iln lii. 74' 74 741 74V 74 1 U 741 74V ) t 102 102 lu 103 102 102 102 102? 102 102 Sparta 4s 2 00 2 90 Stan a A E 8a 1 06 Stand'd Oil of Calif 7 20.... inn 1.... 166 Tex A Pac lit 4 99 Third Ave a 2 63 1 63 2 63 2 63 1 64 Tidewater Oil Ce t 6s 3.... 103 8.... 108 B.... 108U Topaece Pred. ucls C 7 fi.... 108U Tel Edisen 7 1.... 107 1.... 167U Teledo St L A worn s 1 70 1 70 7(aale) 70 Union Bag A Pap 6a : ... ej'4 i ee 4 89 4 enu Uhlen Pa fd 0 88 3 8ft 1 I 6 '89 Union Pe cv 1 95 4 95 3 95 Union Pae 4 1 04 1 94 fi 9.1 fi 95 6 98 Union Pae 6s 1.... 104 Unt'd Drug ss 8.... Ill 8.... 111 3.... 111 Unt'd Full A Gas 6 1 97 U Tank-C 7 9.... 108 V B Helt Men Cem y 8s 1.... 100 8.... 100 V 8 Realty A Impv't Be 6 97 U 8 Rubb'r Bs 1.. 1.. 1.. 8.. 3.. The overage price of the twenty ac tive Industrials declined 0.8R per cent yesterday te 1)6.31, and the twenty railroads declined 1.20 per cent te 88.0. t , Formal official announcement is mane that the United Retail Stores Cor poration had Mid te a syndicate 7O.-000 nharea of its holdings of Montgomery Ward h Ce. . L s , t, The membership of the Philadelphia Stock Eichange belonging te Frederick T. Chandler, Jr.. has been sold. The price was S2550, the same bb the last previous sale. ', The firm of H. F. Bachmnn & Ce.. which started business in 1806 and Is one of the eldest in the Street will re tire from business at the end of the current calendar year. United Taper Beard Company reports for the year ended May 27, net less, $481,865 after taxes, charges, deprecia tion, etc., against net profit of $456, 668. equal after preferred dividends te $9,64 a share in the previous yenr. Stewart Warner Speedometer reports for six months ended June 30, profit, $1,860,023, after expenses, Federal taxes, and depreciation, equal te $3.01 a share en 474,800 shares of capital Stock, against profit of $632,873, or $1,88 a share in the same period of 1021. Repert of Uplen National Gas Cor poration and its affiliated companies Shows gross of $4,302,766 for the six months ended June 30. Net after tnies nroeunted te $1,260,630, balance after charges $1,462,688, equivalent te 14.8 per cent en $0,840,000 stock before de preciation. Action of Mild-Continental Oil pro ducers in suspending new drilling means recent reductions in crude oil prices have accomplished their object. Crude oil has been cut from $2 a barrel 10 $1.26 and if producers stick te reso lution te cut, down production another cut In prices may be unnecessary. Reports of 186 Class One reads and fifteen switching and terminal compa nies te the Interstate Commerce Com mission follew: June gross $473,785, 204, an Increase of $12,200,004; net epcrntlng income $76,604,006, increase $25,D20,S01; nix months' uress $2, 011.126.035. decreuHs $65,050,235; tct operating income $340,002,045, In crease $203,607,026. Fer the six months ended June 30, United States Gypsum reports net earnings of $1,310,242, after operation expenses, including repairs and main tenance of plants, against $1,707,826 n year age. Net ineeme was $868,217 againit $1,240,850 and surplus after dividends and adjustment of sundry ac counts $610,147 against $005,704 in 1021. Edward E. Celes, treasurer of Virginia-Carolina Chemical Company, gave notice that while the corporation would net call Its fifteen-year 5 per cent geld bends before maturity, holders could receive payment et par nnd accrued in terent te the date of presentation by presenting them with alt unmatured coupons attached te the Central Union Tru6t Company, of New Yerk. Skrlly Oil Cemphny consolidated In come account for six months ended June 30, shews: arOf earnings, $6,057,178; Costs, operating expenses, etc.. $3, 748,257; operating earnings. $2,814. 021; interest and taxes, $205,410; de preciation reserve, $600,700; depletion reserve, $020,205; taxes, reserve, etf., $50,058, ether reserve, $10,821; net comings, $1,100,580; profit and less surplus, ?1.H),305. Early advancement is expected of the organization of the European -Arnericm Tobncce Company with n capital of $1,800,000, a consolidation of three companies, one of which a former subsidiary of the old American Tobacco Company, te engage in the manufacture and expert of tobacco. It is understood that the initial capital ization is nominal and will consist of 100,000 shares of Class A stock and a limited amount of Class n stock. -The former seen will be Issued te the pub lic at a price reported te be $10 or 507 n share. MARINE IcAPJTAL SHRINKS Working Fund Decline 35 Per Cent In Last Twe Years NewYerU, Aug. 15. Shrinkage of ever .(0 pr cent in working capltul since December 31. 1020, from $35. 403,883 te $22,717,686. is the feature of the 1021 balance sheet of Interna tional Mercantile Marine. Decrease of $7,052,300 in cash and of $8,000,000 in (.Teck and bend heldlnga is offset by decline of $16,176,543 in accounts pay able,, though leans and hills payable show an increase of $4,040,623, from $3,040,871 te $8,800,404. ' In 1021. Unternatienal Mercantile Marine used upeyer $12600.000 of net cesh resources and put $12,215,385 into fixed asests. A geed portion, evi dently, went for construction of its new offices at Ne. 1 Broadway and for building abroad, as ships in operation at the end of 1021 were 1,010,151 roc rec i'lKf, Lfcrer tpnniiK. compared with 1,021,205 at the end of l620, a de crease of 11,000 tens. The comneny has new about 1,200,000 tens com pleted. .t,Tih f0!lewlnP Wes show changes that go te make up the decrease in working capital: ASSETS Inventory Acceunta A bllla Me. Jntereat received . . . igtney bllla Stoeka and bends .. Cash Total .1931 .11 S3. 11.se mt 47.Tir.nii 0.970.8S7 7;053,8fl 88,745 mil Decrease 1336.245 8.BT8.837 , ,374 21.4Hn 8,600,000 ' Leans A bills pay Aoceunca ea Agency bllla 173.077,808 24.083,080 I LIABILITIES 1 iv la.aaa jbi araeis ., .Uiitti.gii BOD, i.lTfl 14,040,62.1 10, interest sec. A pay., 677.0IT lines ,, 8,000,89 8.666.8a? 1.681,780 176.R4.1 264,405 1 se, aid 9,842 16 Reserve llabllll Preferred dividends Total 149,060,12 Aaacia 173.677.808 lea.YenTsnT Liabllltlta i.... 48.960.123 61,806,014 Werk capital Increase, 1H.84B.-802 U!?e ,701) 122,717,688 136,403,883 Raw 811k Eaay Yerk, Au, 13. Haw per peund: Kanaaa 6 17.70 W 7. 80; Kanaas beat. Kanaaa, Ne, 1, 61. double deer New Prlcea cracks. lt.2eT.!3 7.20; Shlnshu Ne It! A 14.18, 17.60 team ni, com mVi 7.63: Shanthal. )l deer, $8,80 O esy, extra Ne. 1. 17. 13 tan ten ... enu 'V 221; China, a ... 804 . ... 60H . 3 epH viwvrjja U B Rub 7ft, ...,; l'T:?ifvrt. prime caah, I $3,000,000 The Newport Company First Mortgage 7 10-Year Sinking Fund Geld Bends Dated September 1. 1922 Due September 1, 1932 ,...., j , i j ri.,,.in4 inLmt no vahle March 1 and Sccternbcr 1. Coupon bend in sinking fund at 103 nnd Interest, en .any Interest date. Outtanding. 3. Autl$5.M0yM. denominations i by let for the sinking reur.mi.1 tax refunded, ine irusc inuenwre. , vj. fc-"""": -;1 -".e'M the ceamwr'. prier when crenter in amount, ei aye et net income aim i ...B,w., w. .- rl" i ujT. ul ; i,.,. if rJm. stock, all as defined in the Trust Indenture, te be applied semi-annually te the Vft boed of the present isaue if ob tainable et or below 103 and Interest or, if net se obtainable, te their call by let at that price. THE ONION TRUST COMPANY. CLEVELAND. OHIO; TRUSTEE The following information is contained in a letter te us from Mr. J. W. Shmeffer, President et th Company. These bends will be the direct obligation of The Newport Company, fpecifically secured by direct first mortgage lien upon the entire physical property of the company. The Newport Qjnipany will pledge with the Trustee as additional security for these bends the stock control of The Milwaukee Coke flt Gas Company. This stock, carried by The Newport Company at a value of $875,750, has a book valueef approximately $3,200,000. Adequate restrictions en further-issues under this mortgage have been provided. The Newport Company's chemical works are situatetlat Carrollville. Wis., thirteen miles from Milwaukee, upon a site of approximately three hundred . acres, with "frontage of 5,000 feet en Lake Michigan and serve the color demands of the textile industry, tocetheDwith-reanyother'industries. The company is also engaged in the manufacture of heavy industrial chemicals, andphannaceutical products in no way dependent in their demand upon the color consuming trades. Basicraw materials used at the Carrollville plant are largely received from the by-products coke even plant located at Milwaukee of The Milwaukee Coke bt Gas Company, which is controlled by The Newport Company through stock ownership. The Newport Company is the largest successful producer of weed distillates in the Seuth, with plants located in the City of Pensa cola, Flerida, and at Bay MinetteAlabama, which have been in successful operation for many years. The company has at present 900 employees and its gross sales are newat the rate of $4,500,000 per annum. Net profits available for interest and-'depredation-for the five years and six months ended June 30, 1922, after deducting Federal taxes, averaged,$874.710 per annum, or ever -four times the annual interest require ments en these First Mortgage-Bends. Net profits for the first six months of 1922 and including the earnings of The Milwaukee Coke fis Gas Company applicable te the stock holding in that company are $358,289. or at the rate of approximately $716,000 per annum. The Newport Company sold in May, 1922, te stockholders an additional amount of common stock, at a substantial premium ever par, for $1,000,000 cash and the proceeds have been invested in the business. i We offer these Bends fet delivery when, as and if issued and received by us, subject te approval of legal matters by our counsel. Price 98V2 and interest. Te yield about 7.20 Dillen. Read & Ce. The Information contained in this advertisement has been obtained from sources which we consider reiabta. While net guaranteed, it is accepted by u as accurate. Orders hare been received in excess of the amount of Bends offered. This advertisement appears aa a snaffW etfoeeref. H $650,000 LOWER ST. LAWRENCE POWER COMPANY FIRST MORTGAGE 7 25-YEAR GOLD BONDS SERIES "A" (NON-CALLABLE) Dated August 1, 1922 Due August 1, 1947 The Company agrees te assume the 29c Nermal Federal Income Tax payable at the source. Pennsylvania State personal property tax of 4 mills will be refunded upon application. Interest payable in New Yerk funds without deduction for Canadian taxes, present or future. Coupon Bends in $1,000, '$500 and $100 denomination. NATIONAL TRUST COMPANY, Montreal, Canada, Tru.tee PENNSYLVANIA COMPANY FOR INSURANCES ON LIVES AND GRANTING ANNUITIES, Philadelphia, Pa., Fiscal Agent We summarize as fellows from the President's letter: COMPANY: The Lqwer St. Lawrence Power Company is incorporated under the laws of the Province of Quebec, with authority te produce and distribute electricity derived from a hydro-electric generating plant en the Metis River. It will take ever all of the business of three of the present companies in the district, together with their lines of distribution. The present power house en the Matapedia River will be used as a reserve plant with a 500 H.P. initial installation, with transmission lines extending te the main unit. Owing te the fact that a lake twenty miles long is just above the dam, an exceedingly steady flew of water is obtained. The falls, which can ultimately develop 1 5,000 H.P., above which the new dam will be con structed en the Metis River, has a sheer drop of 1 1 0 te 115 feet, and makes the dam and power house construction possible at a cost of about $87 per horsepower for the first unit of 3500 H.P., which is an exceptionally le.w cost. This makes the total initial installation 4000 H.P. TERRITORY: The territory served by the Company lies along the south bank of the St. Lawrence about half way between Montreal and Halifax, embracing a population of 70.000, of which 28,000 is urban and the rest ru.rai! Jhe l-awrence River and the Intercolenial Railroad, a subsidiary of the Canadian National Railway, afford excellent water and railroad trans portation. SECURITY: The First Mortgage Bends new being offered will be secured in the opinion of counsel, by an absolute First Mortgage en the dams, power houses and transmission lines at about only 65 per cent, of the cost. EARNINGS: Day & Zimmermann's estimate of earnings after the first year of operation shows a balance, after taxes of $1 09. 1 70, which is equal te mere than twice the interest of $45,500 en the $650,000 First Mert -age Bends new being offered. - SINKING FUND: A Sinking Fund will be established beginning Aueust 1 1924. amounting te 1 of the outstanding bends for five years 1 Vy for the next five years and thereafter 2 until maturity te purchase bends.in the epemarket up te 1 05. If. however, bends cannot be purchased at ik!. ,;," tn llnvrinHr.H hnlnnre i.mII ..... !- . r"""' ...., ,vCtl i me cempnny ter extensions, against which no bends mav hr. iA This property has been examined by Day & Zimmermann. Inc.. En AXiUiALZ .r"l " S l"" " U.r mCe 'h.e '"Leage and " iiivimuih wtt-idw win nrr nji33 i iinnH i .. na t i-v i . Mr-..-i. r.cii.i-j -i i. .,.. "'" "y 'viessra. Uicksen. Be t er Ar Durant Meters We have prepared and ready for distribution a letter en Durant Meters, discussing organization management products finances (ubtudiarie affiliated companies recent developments merger pesibilitie Copy free en request. CaU, 'phone or write any of our con veniently located customer' room. Tenes &. Baker Members New ybrlc Curb Exchange bTritt PrTy'mWireii New Yerk CMt.re Bestes PhUsdclafcls Pltiibarih Dsireil Bsltimafs Clcrclak II PHILADELPHIA OFFICE Wldener Building BALTIMORE OFFICE Emersen Hetel Tclcpsteas Pli845l W.eiark$0e. BANKERS S21 Cntaut St, Philadelphia I Established 1837 Member New Yerk and Philadalpkla Stock Eacchangea acquisitions and gineers. all Iecal MrCenrli of PliJUlrU:-, 1 U.. K - r. : " ,' -,', uuu uy messrs. Brown, of Montreal, Canada. u. M ontgemery & McMichael, All but a small portion of these bends having been sold we offer th unsold balance, strictly subject te prier sale. PRICE 97 AND INTEREST-TO NET 7.30 BATTLES & COMPANY INVESTMENT SECURITIES ESTABLISHED 1890 Independence Square (East) Philadelphia, Pa. MEMBERS PHILADELPHIA STOCK EXCHANGE Thesa statements are made In geed faltli, nnd are true BELL TELEPHONE LOMBARD 6321 te the beat of our knowledge and belief. W. A. Harriman & Ce INCORPORATED Drexe.1 Bin,., Philadelphia ' NET YORK CHICAGO BUFFALO YRACUSB PURCHASING AGENT AVAILABLE He haa the Dewea Ides of ce-erdlne. '.?,?....'""? ult'mta eennemlea. taSl?e I'urchaelne- Department experience and demonstrated ability, and w I P accept employment enW with a cwm". hlli character and auhatantUI atandlna r t. l.r.THirn. rtrrirr. c s. PATTomrce: T CinCMTMrT Rtj, DWIU.K3 4'iTfcVKXrMm fks banthl aiU ?ierx raMiiast, Mtu Baiusa Henes and alar PMIa, MM. ,i n-"- !S. HIGH-GRADE BONDS Helman, Watsen & Rapp 4 Land Title Bldf, (F Lawrence E. Brown AV fV JKtm?? ' t A!i . v Ti " Xk IL 11 2?1 rjFSi I I Ml m l I Mi, m 9 S!IM wW-TJ-aVJSJ?:' U 1 ',,.? "irr:. i .',. 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