Yr . -VK ,- J rtvf hMMt 26; -.- w I bhert Term Notes mjg.t I Acceptaticcs . &$$ I OFFERINGS &' ' will be submitted "j H en request. i jl The National City Company '4' Philadelphia 14.17 Chestnut St. 3 Atlantic City Chatfente EIecU 1 1, 1223 Boardwalk I- , -J I r 1---:n Municipal Bends Exempt from all Federal Inceme Taxes Our municipal oiTcr eiTcr tnjjs inchnle ecr 100 carefully selected issues of State, City, County and District Bends Yielding from 4 tp 5.25 Detailed offerings will ba submitted upon request Harris, Ferbss & Ge Pine St., Cor. Wiilla:n NEW YORK PHILADELPHIA OFF1C Widcncr Bids. Telephone Spruce 7040 Hydro-Electric First Mortgage 7s Secured by a direct first mortgage en all property of the Orange County Hydro-Electric Corpora tion new owned or here after acquired. A fifty-year contract with the Orange County Pub lic Service Corporation guarantees net earnings after all operating ex penses; maintenance charges, taxes and depre ciatien, equal at least te twice annual bend inter est and sinking fund re quirements. In addition the bend;; are guaranteed uncondition ally as te principal, inter est and sinking fund. Descriptive cirrular and price upon request. Hemphill, Noyes C& Ce. Membmrs New Yerk Stock Exchange Franklin Bk. Bldg., Philadelphia New Yerk Pimbuigh Eosten Seranten bee Angeles Albany Syracuse Baltimore Wilminuea Brulcepcrt nrcKViT: ir ci. u iii'iiaiiwiiiih!iiiiWiiiiiiiMBii,!is Electric Light and Power Bends j new afford the investor a higher rate of return with assured security than almost any ether class of investments. 9 Suggestions en Request jM KatablUhrd 183 g BIOREN & CO. I 410 Chestnut St. Members of Vete Yerk and g Philadelphia Stock Exchanges tffiEaBmMmFmmmmmwmmwm SPECIALISTS We make a dependable market In alt itsuct of UNITE STATES GOVERNMENT SECURITIES COMMERCIAL TRUST COMPANY Mbr Fcdaral Reierv Sritea City Hall Square NEWBURGER, HENDERSON & LOEB Members New Yerk and Philadelphia Stock Exchanges 1512 Walnut St. k C. 5. PATTON & CO. Ml CIIWlTNI'T HT. 4 BANKERS tm tMtitsQS Ofcl fP ilMARKET DEVELOPED "I IREACTIONARY TREND TJ I i Numerous Reasons te Be Found ; ' (J I for the Softness of If1"- " I I m I Bends General List Sil's tee 1530 8103 103 1331 103 203 103 2233 333 530 033 230 703 533 2230 103 330 20) 4030 2103 500 930 330 1300 600 1500 800 7200 1 4000 1603 100 300 3603 603 200 100 100 4000 100 100 300 100 1100 60Q 100 100 1300 1603 0200 4200 200 300 2200 700 1800 300 300 600 800 200 200 300 500 100 200 203 130 303 2600 200 New Ye'U, Sept. (i. Scrcral ri'ni'.y nml vntlfiii'tnr pxtiliinntliun etilil umlnillitrcllv lip offered fur tlip iippir'nt I iftm of teilnv'.M stock timr'tii A ierv ilcrltlerf rent'tlniinr.v tieinl ilc- ' e'ntiP( spen nfler tin' opening nml tlip j vlcldlns chnrnrter "f tlie (.'encrnl list lirrninp mere market! 111 tin1 kpsii I pregrP"pil. Supeiiti'inlly iliN Inill rnfpil thp ItiitxtrrniiH nmrklui; tip of the peel sncrlnltlc In the ireeeillns ses- lnns hnil fnllpil te nttrnrt nny rppon rppen vlliip entMile I)ii1iik tleninntl. It nKe Intllentetl llu tnnrket was feeling tlr weljjht of the heavy prellt-tuKlne recently undertaken under the cover of tin1 vplrltpil linlllilt ilxmonetriitlDUs lit uidelj viitlrrnl liullvlilnnl l"uet. I.ni'l.iii!; nnj ".fiirt'lnK feiiturp In tlir win t nev tlin mat kit. In etlicr word", mi' left t" the l'ltliiPin ci of tlir lO-illlll'll tci'lltllc.'ll roltllltlell. It was net surprlsini; in vh-w of tin "irons "irens nrm method app'lpcl within the past fertnlslit te force the 1erl of values ut? In suite of nlJ adverse news nil over ever i bought condition should he divlnied. As ir matter et tact. It was surprising the market for many of the peel .specialties was net found men thinner than reallv eseil as tnanj f theaf .locks were iiinined up I'J sheer iri:t"lpn,ntle,i V e'hir j'lfps'il Hi- ni'i, i'ip ih- I I'll 1 r!'t II tip lllhill .1 .1,11 mi i"ce the Tcilca! itiiitnetiens e"e n'it."'i -'l iinquetlennh'v everted a I'M dl-tnui dampening infliienep en lutlii-.li piii'ium a.in. In ether words, the sprmintn' eemnuinlty were net disposed te tieat the fdtiiatinn ns lightly as they did ' jesterday and Saturday. Rumors of I secret conferences nmens thu Inber ' chiefs put a mere serious aspect en , the outlook, and while nobody really anticipated nny drastic action en the 1 part of the Inber leaders, the possibili ties of the situation, nevertheless, caused a mere cautious policy in oper ations en all sides. The market turned heavy as the i morning insre.ei!. early ej.r Ihmik etiiidc.I and several pi(ieiil stren? shares leading below .e-teiday's final price. Uillls were treclv effereil. de clltn' of a point or meie lcing re-' i e rded In C.iniidian I'.n'Ilie. "Nl'd.el I'lati-." Norfolk nml Western and I'liien I'.icilic. Mele:itt Oil shares continued react ienur In response te reports of lit.ivih decieiied jirnduclieii. Other euwauilini: weak snots were Kamim IMmer. Ameilcnn Itndlater. OM Kle ".ter, Amerhan Tohncce. Inteniatiniial Hiirve-ter. Allied ( hemlenls, Murine; pit ferred nnd American Impress, the In-t named dreppinc nearly live point, l'ipiipineiii-. fuiiiNlidl the only general, exception In the dnwnward tf'lid. American t'nr cliiubliiK " points. I'nll -man l", -m ! K.ilduln -'t- I.lBKett i .Miii--. -eared ." iieliit- en light .icnl- lass. 503 1&00 3000 600 1003 300 6C0 100 100 60JJ 4533 30 J3 830 4303 103 53J 20) IC) 6uX) I53J 100 LI JO 103 100 100 100 1000 100 700 303 100 8i30 2800 t30 300 17u3 G200 'J003 200 10700 800 500 2203 700 900 300 100 230 100 203 200 1030 200 600 240 1000 700 5700 700 133 4)0 200 103 403 430 300 403Q 100 100 100 403 1030 503 200 1200 6)0 600 103 100 100 100 230 200 3 30 100 9000 000 330 4500 200 4000 100 2000 400 200 1430 1700 800 2900 203 100 200 BANK CLEARINGS I ( t'nnk ! r--ic i -ui . . tiiiv u.i wltli rer- , Tpt enilln j 'iJ .Mt tw. --l l'i;-J li.M Iftjn N" Verk Ti:i -" - """ en I'n mui 7.1.". .",1 'ill 3 t'ln $'!l no i.iiii i tsi.noe in e $r,7 Is-, .Vis money-lending RATES NEW MIHK M' nn j of -)j r"-H! eprt'l t "!av m rr en i fir Wnrlntf nnn '1 rn'lnff I'lIIKVDIM.I'fllV '..! 4t, r"p cnt. UfnTe -J1 . 4'-, i or nt. ninrr'"ri'il ppr. tl r te rent)'s 44 tj l vr rnt FOREIGN EXCHANGE , I New Vnr!. Sejit. .". -The market ' i for ferei;n ivlunzc epeneil with ster ! ling a slight Jinde lower, hut with nd I varices lesumed in frnnc- und I'elgiuns, I n moderate gnm in lire and improve- I i nient en light offerings in Norwegian, j I'retit-taking waq responsible fur a drop of " points m guilders, Marks showed I 'a gain of n. Sterling as down ' ; I francs up fi'i; Itelgiaii up ." ; Norway' up ." : and lire up 1 Swiss were un- ' I changed ; SpnnMi lest '-' ; I'nnisli ' gaineil J and Sweilen lest 1. J j l?iilne's was melera'e, hut the tnue i I appeared te be better, in reflection of i nn apparently mere cheerful sentiment 'at foreign liiiancial capital. The feel ling about Trench exchange, ultli sym ' pathy liiiluenee upi.n Itelgians, was in exact contrast wirli the gloomy imprcs i siens that pievallnl about n icek age. ; nuotatlens were: Sterling cables 17'h. demand 4 -UJS4 ; franc cables. I 7 f'O'i . cheeks 7Mi'-. : IU-lgian cables '7 41. checks 7.4:1'! : lire nihle.s -l.:il!i. checks 4 80; Swis rabies 10. 0t!, checkb Infill; ieseta rabies 1."..ri", checks ir."0; Onnl-b cables 'Jl 41). checks 'Jl 41; Nerwn cnbles Hi. 7-, checks i 111 07; Swedish cables L't,.r(7, cheeks 'JOriL' , guilder cables .",S.!li", cheeks 3S 'M). marks .0-i I The premi im en New Yerk fund In Montreal tt.da. win unehaiiged nt 1 rt'J , )er ctnt. The discount en Canadinn funds in New Yerk today was 1 -."11 per cent. ' Attention has been called te the n I tlri'lv nominal clinrni ter of several of tie Central J'urepean exchangee. To Te dai there was an apparently gain of U I j.eii ts In Serbian, te 1 .''-. fJreek '"C ch.inge is absolutely controlled by the d eminent which makes the quotation for thnt exchange uncertain. Today fireeks whs quoted " points lower at 'J M fV.echo-Slevaklan rose 4 points, te .'5.5.'. hut receded nn profit-taking te 3.,'i. iinlgtirlnn was un.ehnnged at .0.". Itumanlait was down a' point at .71i. Jilge-ftluMaii is nnetner Ueuiittul ev cliange. It was quoted today ut ,.'M(i, n gain of .' points Other quotations were: Polish. .OIL'.": KlnnNh, 2 till ; Ausirl.in, .U01D, and Hungarian, .000,". ICSTWIDAYS CI.OM.s-O (J CITATIONS Sierllnif rrnni-ii I.lr (JulMi-ri Dtmnril .. . 14H T fc3 4T.Vi .iN 7 Lib, 9 ... -1 47'i 7 H'i 4 30 3'j.Oi TOPVT'B OPKNINO QL'OTATIONIS Slerllne Kranct Mre Oul!dra Demnnil 4'i T.tOH 4 ad 8S 00 (.kMe 4 47W 7.0'J'i 4 304 SS.0J Londen Metal Market linriun, Hi.pl 0 SOnndnM ceppur. upet. 03 S I1J futurm 03 10, Elei t rohtle sper, 70 ins ruiurvi til Tin 1 1 7,'J r.M Hi fuUris. 10(1 I.mhI V4 r, fnl'irn I 'I I Z n-. 31 Oil future-) 30 VH 01 spot clot. Paris Bourse Firm 1 I'nrls. Fl)i 0 Prlcm wsre Jinn en th i lleuraa today Thrm p-r cent rentea, mf 'I bOc UxchnnEa en Londen, net f"r Flvx per ent man, i tue. 'ran aeiiar as quoted ut ISf 11c i ! LIVESTOCK QUOTATIONS j I I'IHeImii-kIi, Sept 0 IICK1B Itereiptu, ' I 2.M'0 hi-iul Ijuw.t Huvleii. IIMOfiOSO. I lieavv Mirkern tlu infi in S3. I'dit jerkere. 1 SU.nOfI n T3 pita JlifiHL'3. , SIIIiKI" AS!) IAMHS rtecelpta, 180(1 r.eml Slietp. C7 10. aieady lemln 113, 1 I lower (AI.VKP ItnelplB 130 head Ixwrer. Tep. 13 30 Kant IlilfTule. Fept (1 CATTIX - Re-Hte-Mly Calvea, recelpta, relDta. 773 heail inn nenn. Hifuav lawil.su. HOOS Hfcelpta rjxil head. lOe te 20e lower. Haavy.t Ml.iB0n.13; mlinl jrerkara, llshl und !'!. 1U.80OU.85; reufha, IQ.73U 7, alnca. I453 SHl-niP AND I.AMn.S Hecelpta. 400 head. Lambs, IS: higher, 11(313. Helme Ce. Increases Dividend N- Yerk. ScDt l -llii Q V llrlm v terly and Company hai declared a quarterly dividend ne re. ular quarurly '1 Pr. cani en inn pre ferred, hflth payable October J t ateck of record Brpttraber l. Prevteualy, the com cem ranyxbad baen paylaar 2Vi par oral 'ja.r Urly en the eommeK. P. EVENING PUBLIC NEW YORK STOCK EXCHANGE TRANSACTIONS. Only Afternoon Repert in Philadelphia Quoting Full List Dlv. 115 P M Ntt Cne BTOC1C High Lew 79 11 08 1MU 58 ft 41 52 76" 61 U 1 87 -rs iO 6" 14014 118 94 34 1 i 13 U 36 56J-4 121 46J4 110 6J'a 16!4 6414 158 414 84 12514 3H 16 165H 106 96 ? 109 314 17 45 55 214 4914 5714 85 !i 103 116 2 H 1 17 'a 3u :e? 130U 5714 C5!4 624 36 33 7814 121 ! 244 20 136 48 6H 30 1914 10 lj ee'j 63 'j 9b 'i 62 147 404 . 77 4014 te, 76 3: 5H 39 '4 62 7H 31 H 50'8 9214 61 14 474 17 97 Vz 83 106 iJa 31 981a 70 3214 4IHi 61 14 38 103 3 34 3514 2'? Vi 1381 11 85 J4 90 116'j 4714 9614 100 'i 26! 4 141-j 39'-4 51 la 24ii 1292 133 H614 3814 145n 844 46 21 ir 67 15H 25 IB 101 103K 154 574 2314 67 69 Adams Express... . 79 A lax Rubber 11 4 4 Allied t'hem A Dye. S0M T Ailed Ch A Dye pflHtf 4 Allls-riui mers .... 59 Am Aitrlc Chern. ... 41 3 Am Rank Xote pf . . 52 79 -11 14 - 00 U -11414- re4 - 41 - 52 76 'A f 61 14 -187 H r 28 - 6U - 14014- 118 - 94 -34 'a -13 'i 36 -5611 - 121 -471a t 1181J - 6?a- 1614- 6414- 150 -41 Ja -84 - 12514 " 3-a- U7 - 165s - 106 96 4 - 109 f 31 '4 17 46 55 -21 4 -49J4 -5714" 85S4 103 - 116'4 -21i 'r 1 17 '2 -30' .0', - 1;0',4 -574 -65J4 63 x 36 -3314-f 7814- 121 It -f 24 4 20 - 136 -48 -674 30 -1914-1014 8014 63 '4 - 95 !4 t 63 -r 147 - V2 14 "at W la 1 14 14 14 44 14 !4 11 i Am k!i Kdy new 76 & Am ('.in 62 Vi 12 Am Car & Fdy 188 . . Am Cotten Oil 20 V . Am DrtiK feyn 6 S Am Cxpres.i 140U Am len 1191-2 Am loe pf 94 . Am Intermit Cerp . 2HM 1 Am l..i France Knu 13 . . Am Unseed 3C U .. Am Unseed pf 5E R Am Lnratnetlvc. .. .123U 3 Am Metals 40 H 4 Am Itndlater 1 1 0 V& .. Am Safetv Razor.. 7 .. Am Ship & Cem.... 1 6 !& . . Am Smelt 65 U 12 Am .Snuff 150-i 3 Am Steel Foundries 42 ft . Am Sugar Ref 84 (J 0 Am Tel & Tel 126 54 .. Am Tel & Tel rts... 3H 12 Am Tobacco 169 12 Am Tobacco B 1G5H J Am Tobacco pf newlOG 7 Am Woolen 97 H 7 Am Woolen pf 109 .. Am Writ Paper pf. 31 4 . . Am Zinc W ft Smelt 17 . . Am Zinc I.d & S pf 46 . . Anaconda Copper... 5614 . . Ann Arber 21 M . Ann Arber pf 49 4 Asae Dry Goods .... 57 '4 7 Acse D Heeds 2d Pf 85 !i fi Atch Tep & bn Fe103H 7 Atlantic Coast Ilnel 17 tb . Atl.mtle Fruit 23,i 7 Ml Reflnlnc pf . ... 1 17 Ja . At till f fc W t S S 31 Austin XivlinlK . al f- 7 ItaldWn Locemotlve131 li . Raltimere & Ohie... 59 4 Haiti & Ohie pf.... 65 Vt . . Ilarnett Leather.... C3 .. RarnsdaU Class A.. 37 W . . Reechnut Racking.. 33J4 B Reth Steel B 79 V 5 Brooklyn F.dlien...122 .. Bltlyn Rapid Transit 24ft . . Rklyn R T ctfs of db 20 ft 10 Rurna Bres 137 H 2 Burns Bres B 48H . . Butte Cep & Zinc. 6JJ . . Butte & Sup Cep... 30 H Buttericl; Ce 20 !4 . Cadde Cen O & R. .. 10 0 C.illfeinla Racking. 8014 California Petrel . . b4 7 1 ifernia IVt pf. . 95!? 2 I'ulumet & Arizona. C3J 2i 1V4 1 Y V 114 1 14 1 1 vj !4 1'2 14 '4 m 14 14 H a 54 14 H H 24 14 I2 1'a i 1 14 H 14 Vt 154 14 10 C.miullan Iac.tlc...147 . Central Leather.... 404 . Cen Leather pf.... 77 'A Corre-ile-Pasco .... 41 'a 5 Chandler Motein .. 61 J-j 4 Cluapeaku & Ohie. 76 Chlc.iRO & Alten.. 4 Chlciise & Alten pf 6 . Lh'caee & K 111 ... 40 . i 'HI & K 111 (new) pf 62 . Chicago fc tlr West 7H . Chi Mil & St P 33 . Chi Mil & St P of 51 ?6 t Chi & Northwestern 94 4 Chicape l'ncu Teel. 81 !4 Chi II I Pac 48 C ('lit K 1 K I'au e.Tc Pf f 7 7 Chi P. I it I'ae 7 pt 98 6 i Ml St V M & O . P3 7 Oil tit P M & ( pf105 I'hlle Cepp-t .. i3Ja . Oilne epper . . 31 H 5 Clev i 'In c & h" I. Pf 28 4 Coca-Cela ... . 70 H . Cel Fuel .t Iren . . 35 '4 3 '-' A: Southern 48 !rS 4 Colrn.iile A: Se 1st pt 61 ! 4 Colerado A. b'J 2d pf 58 . Culuni liah A: Ulcc .104 404 -77 -40 ' -t0u-76 - 4 6 -40 62 7H 31 -5014 -9214 -81 ta -47 ?4 -87 r 98 r 03 ( 106 ! 9814 -i 70 -3214-40i -61 14 58 -103 - JH 3514 - 2h -',2 t 1 40 'a -r II !4 86 H -90 1 1 e 14 -47 94 -97 -100 14- 2614 - 1414- 3912- 5114 - 241e- 129 li 133 - 1 1 6 14 f 3814- 147 - 844 - 4b a - 21 14 - 87 la -15M-25 -1814 102 -10314 -1Ss T 574 -23 14 67 -69J4 81 -105 1414 85 -99 -354-32 -93 -40 !4 -1 5 14 82 14 -7814 -21 -104 - 814- 1 10 7 - 112 3 94 r 424 -r 4 2914 27 M h 110 -14 55H 17 'i 1414 H 414 -44 54-4214-3714-0H 165 205 6314 - 126 -t-1914 - . celum Uruphopheno 3?4 Cen''l Clsar. 36J' 2Ji . . Consel CiitHr Itts . . Consel Ils Ins. .. S Consolidated ijan. . . Censul Textiles ., Continental Can.. 6 Cmt Insurance. . 4 Cern Products lte 2 '2 Cesdtn ,-e . Crucible Steel. . . . 7 Cruclb e Steel pf. . . Crucible Steel rts . . Cuban Am Sugar. Cnha CntiH Sucar '2 . 140U . UU . Ce- . 90 .118.'i 48 . SBH .100 . 1 . 26 Ji i 15 .. Cuba Cane Sugar pf 40 U .. Davisen Chemical.. 52 .. UcbeiTH C Mln Ltd 244 '.i Delaware & Iludsen129? fi Hi l Lack & west. . uj S Detre t lMlsen 2 Deme Mines $ I ni Pent (U 1) Ce 5 Halt man Kodak. . 3 Ll-c SteruKe Bat. . . Llk Hern Ceal.... I Kniilcott.Jehnson . . . i:n .. i;rle 1st pf . i:rle 2d pf c rmnng l'lavers L. .116Ti . 38 H .147 . 84 34 . 46H . 21 Vt . 67 4 . 16 . 25 i . 1814 .103 8 Famous Players pf. 1054 F-'d Mln & Smelt . 15?4 B Fud Mln & biiieu in ae . Freeport Texas.. 3 On Am Tank Car r'.enersl Ar.pbnlt. . 6 Ueneral Cigar. . . . E neutral Electric. C.eiieral Meters.. 3-Yi 67 69 ft 8Ui 186 14! 85 81 186 14 14 85 99 33 H 32 93 H 40 !4 15 '4 8214 78 li 21 18M 8'a 1101, 113 34 42H 4 23 ", i7'A 110 14 5514 17(, 59 7714 14,1j 324 45. 4H 44J4 42 Kj 37 14 84 165 90 6814 205 ' 63 14 126 1914 0 Gen Meters deb 0 7 Un Meters ueu T'e 'J Goedrich B F 354 . C.ranby MlnlnK 3,4 7 Great Northern pf. 94 la 4 Or North Ore ctfs.. 40Ji . Gulf Mobile & North 1514 . Quit States Stetfl . . Oi',4 Housten Oil 2 Hudsen Moter Car. 1 Hupp Moter Car. .. 184 Hydraulic Sti-e 8 ( 7 Illinois Central ...110? 6 111 Cent pf "A"... -"2 . Indlabema Ref i ? . Inspiration Cen Cep 42 H . Inter Cen Cerp pf . 4 . inter Rapid 291. 2 Inter Cem KnK-.-. 28 lj 5 Int Hurvestcr new..U1U , Int Mer Marine. ... 14 6 Int Mer Marine pf. 50 Vj . Inter Nickel 17 Vt , International Paper 604 6 Inter Paper stpd... 77 U , Invincible Oil Cerp 1414 . Iren Products 33 . Jenes Bres Tea.... 46 H . KanBas & Gulf.... AH . Kayaer & Ce new.. 454 . Ke'.ly-SprUiKfleld .. 4314 . Kennccett Copper. . 7 . Keystene T & R... B4 7 KresRB S S 165 7 Laclede Gas of St L 904 1200 3V lehlgri vaney e 100 4100 12 LlBBett & Myers. ...205 7 Ll"vi Ijcometlva. .. S4J4 100 4800 7 Lima Locomotive ptie . Ljw'a Inc 20 BALFOUR'S PALESTINE PLAN OPPOSED BY VATICAN Rights of Catholics In Danger, Says Official Organ llenie, Sept. 0. (y A. P.) The Osiervntore Homnne puys opinion nt the prheme Is net In conformity with the preba repertH. In nny cflic, the repre sentatives of the C'ntlieUc nutlen en the council of the I.engue elieuld ltnew Vatican Is strongly opposed te the con St. llaphal, ditiens of the proposal of the Earl of I Wlint is wild in the world ltulfeur for the protection et tne neiy places in Palestine, made before the League of Nations Council In Geneva. The newnpaper, which is the official Vatican organ, declares thnt if the tel egraplied report of tbe Ilalfeur proposal is accurate. It Is evident that the rights of the Catholics are in dnnger of being impaired, as they would be in ft min ority en the three sub-cominl8lens and the last wenl would rest with the presi dent of the commission, wbe would ba an American Protestant. e "Tbt is outrageous, isyi pi We hops the text of the Balfour, Uslen at Cornwall,' . give final approval LEDGERr-PHILADELPHIA, WEDNESDAY, SEPTEMBER 6, 1922 Dlv. In I STOCK Ht,i .. Left Inc 1214 . . I.oeo Wiles 61 12 Iverlllard (Pierre) . ,177'i .. Mack Truck 5914 7 Mack Truck lit pf 91 7 Mnck Truck 2d pf. 84 .. Ma'llnsen Ce 3814 .. Manatl Sugar 4514 7 Manatl Sugar pf... 03(4 4 Mnnhatnn El Supp 594 7 Mnnl1.1t Kiev Guar.. 5414 . Mnnlint Kiev ctfs. .. 53 2 Manhat Shirt 41 C Market fit pr pf.... 64 '4 .. Mar St Itwy 2d pf . . 22 ' a 4 Marland OH 404 .. Math Alkali 40 . . Mas Moter Class A. 50 . Max Moter Clais B 19 5 May Dept Stores... 130 Snl 10d 1100 200 6200 GOO 500 2200 100 100 700 100 300 200 700 100 410) 100 10J 500 100 2100 27100 100 100 18800 3203 900 1.0 1?'4 50 177 5714 101 0314 374 4514 8314 594 5414 52 74 41 63(4 2214 3014 46 58 1054 130 1014 1094 19314 90 1014 1614 30 134 3514 10 104 224 50 23 144 1154 150 57(4 5974 1064 1014 '44 1714 701-4 75 r7'i CA 80 J I 2614 1194 94 54 46 26 Mclntyre new 1914 12 Mexlcnn Petroleum 193 '4 de Cash Sales 193J4 8 Mex Petroleum pf.. 90 6 Mex Sealeard ?0 6 Mex Seaboard Oil ct 17 14 2 Miami Cenner 30 li 72001.20 Middle States Cerp. 14 200 .. Mlilvale Steel 3514 100 .. Mln & St Leuis new 10 300 .. Me Kan & Tex (wl) 1 QJs 200 .. Missouri Pacific I2ci 000 .. Me Pacific pf 58 H 603 .. Montgomery Ward. 231B 60J ,. Men Moter Car... 14'4 C00 .. Mether Lede Mining 11 H 400 7 Nat Biscuit 159 100 .. Nnt Cleak & Suit... Wz 300 .. Nat En & Stamp... 59 Ja 1 00 c National Lead 1 06 4 200 .. Nat R It of -M 1st pr 1014 100 ,. Nnt R U of M 2d Pt 44 100 . Nev Cen Copper 17 la 200 fi N O T-x & Mex ... 701-2 100 . n y Air Brake.... 75 4330 5 y Central 9R 300 .-, .N Y (. & St L F4 103 , v C & St L 2d pf 33 1503 New Yeik N II A: H 1- 23 2 Nf-w Yetk Out A. W 2i'2 100 7 Norfolk Ac Western 1191 1 1 00 c North American .... 95 H 200 3 North Amcr pf 46 100 .. North American rts. 26 J300 C North Pacific BBM 04 100 2ia' Ohie Fuel Supply.. 5214 li 5214 200 Okla Pred & Ref.. 24 600 200 111 200 100 300 403 20403 550J 200 540J 700 400 700 103 1700 . Orphcum Circuit... 224 8 Otis Elevator 158 . Otla Steel 11 2 Owens Bet Macfi... 374 . Pacific fevel Cerp. 4H 6 Pac Gas & Elec . . . B3 .1 Pacific Oil .-. .. 5714 C Pan Amcr Petrel... 3 fi Pnn Amr B 78 ?a 2214 150 11 374 4?S 82 4 57 tOH 7614 la , I '4 1 (4 1 14 li I . J'uinv J C pf ....100 2 Pennsylvania K It le 2il00 4 38 7 9214 30!2 44 h 5114 31 Ca 70i, 40 21 93(4 11014 861, 47(4 95 1 30 ', 50(4 3314 118J4 3514 10)4 7914 5214 53 4014 33 94 7214 34 ra 53 5814 30 3314 51 14(4 34 0T4 104 89 1214 4014 96 32 n 10(4 50 924 2614 63 '4 19(4 127 93 112 117(4 83 , 4714 52 34 13114 6 7 1014 434 49 34 31 34 I'cnn Seaboard SteI 7ti 5 Peeples Gas Chicago 92 Pere Marquette .... 38 U 3 Philadelphia Ce.... 411s 2 Phillips Pet 5a H Plerce-Arrew Met pf 31 Pierce Oil 7M 0 P.tta Ceal 71 7a 300 . 3200 4703 0 100 400 11, 100 5 600 i, 200 .. 22100 14 la ; '(4 U4 la (4 '! 4 14 7 H K Pitta & W Va 40 Pend Crek Ceal. . . 21 Pestum Cereal 93". ( Pestum Cereal pf.,.11014 . . Presaeil Sti-el Car.. 86'a Pieduccra & Itcf 491 fi Pub Ser Cor of N .1 65(4 8 Pullman Ce 132 . . Punta Alegre Sugar 50 J4 2 Pure Oil .43 J4 S KailMiiy Stetl Spg..1IG14 200 5330 100 300 100 500,! 100 50U 100 103 100 il Rand Mines R ty Cen Copper. . 1 IWdlng 2 leading 1st pf.. 35?4 16(14 7914 152 54 53 . 40'i .' Leaning L'd pr . Remington Typew.. Rrplogle Siuc'i . . Itrjiul) iron ,. Steel lb pub le 'Moiers. . . . R' nelds Springs. . . 700 . 630 . 300 . 100 . 700 61004.1 100 . 1000 . 100 . ire :ej . 100 200 503 . 100 . 334 73U 34 ?8 53 59 5, 30 3314 3 llryuelcls Teb U. .. . i Royal Puteh N Y.. . St lfmls Sun Finn. . St Iiiiln Southwest. . St I, Seuthu-iHt pf. . . Sangp Anns . Saxen Moter .SValieird Air Line . Siab Air Linn pf.. . Sears-Hei bucit .... Seiii.ra Copper . . . . ' Shell Tiaurpert . . . 51 . 1414 . 3i . 6. '4 . 104 . 69 . 1214 . 403 A 95 . 3314 1 li 4 Vt 54 4 ' Ua la 54 !4 !'a W, m (4 s JOOlfl.l 100 0 Shell Union M1 pf 2 Sinclair Consel. . . Ski-llv OH Ce 4100 200 200 4600 2t00 300 203 200 100 2500 200 333 703 1400 18400 200 200 300 7300 900 330 10) 100 3100 200 200 400 200 100 200 300 200 100 100 100 100 200 2000 100 300 100 100 700 300 17100 100 200 400 100 200 100 330 103 200 400 1000 400 100 100 600 4)0 1 100 200 300 200 400 100 100 100 104 KIesh-SIk Melil 51 G Southern Pacific... 9414 . . Southern Rail 26 It, Southern Rail pf. .v 03 '4 Sprer Mfg 1914 S Standard Mill 127 G Standard Mill pf . . . 93 4 Standard Oil of CalU3j 7 Stand Oil of N .1 pf117 54 7 Steel Tub pr 85 'a .1 Stewart Warner Spd 47 Ji Stromberg Carb.... 54(4 M Studebakir 1334 . Sub Beat Cerp G Superior Oil 7 .. 'IV nn Cep & Chern.. 10!4 3 Texui Ce 40J4 4 Texas Gulf & Sulpli CO .. Texas Pacific 31 34 1 Texui A: Pae C & e '54 . Tidewater Oil 127 G Tobacco Preduclfl.. 58 .. Tobacco Pred A.. . BG 14 .. Tel St L .i W pf.. 54 14 .. Transcontinental Oil 14 '.4 G I'nleu ling it Paper 74 .. Union Oil 19 Union Oil rts ", in Union Pacific 150 J J 1 Union Pacific pf. .. 79,'a 2 United Alley Steel . 37 United Drug 00(4 H United Fruit 153 lj United Rwy Ines . 15 . Unit Rwy InviHt if 32 Ka . . United Retail Storm 01 !4 .. U S C I P & Fdy . 334 . U S" Ffid Pieilucis 7 ..US Heffman Much 20 '4 .. 1; S I ml Alcohol... 05 Ji . U S Realty & Imp.. 81 14 . . U S Rubber E634 5 V S Steel 1044 7 U ff Steel pf 121 ? 2 Utnh Copper 70 ' .. Utah Securities 20 14 .. Vn-Car Chfiulcal... 2914' .. Vanadium Cerp.... 52? .. Vlvadeu Inc 12a . Wabash 1?!-, ., Wabash pf A 33 ',4 1 Weber & Hullbreuur 12 7 Western Hlec pt...109H ., Western Maryland. 15 .. W Maryland 2d pf 42 .. Western Pacific... 1914 4 Westlnghouse A BrlOO 4 Westing 13 & M.... 634 .. Wheeling & L R.... 14 !a 4 1 24 54 4 i :r.'4 127 56 '4 EC I, 54 1, 1414 734 19 143-11 79'j 37 80(4 153 'a 15 32 80 14 334 l'?a 20 (4 05 J& B0. '-, 56 14 103J4 121 's 70 '4 reii 2C,4 52 u 12 7, 12' 33(4 12 109 55 14(4 42 1914 100 6314 135, 254 27 'a 8 74 43 16 )4 29(4 44 H 4 14 24 154 'a ' it 14 54 54 14 254 H 114 H 14 154 14 H Wheeling & L 13 pf 254 White. Ragle OIL. 2714 54 1 !4 5 White Oil Cerp Wl ly overland Willys Overland pf. Wlls-en " Ce Wisconsin Central . 0 74 43 5J 464 2914 44)4 154 7i 4 1 Werth Pump & M.. Kx-dHUlunila RESTORATION OF FRANCE. PARIS COMMITTEE TOPIC hew te wifegunrd the ancient nml im- French Government Fvt.j o e prescriptive rights of the Catholic I " " J "me"t ExPted Soen Church In the Hely Land." t0 Back Merchandise Plan --- i Pari, Sept. 0. (Hy A. P.) An WORLD'S BIGGEST AIRPLANE nstrecment for the restoration of France, Sept. ).- I rnnce a war-deviif-tnttd te be th larRit airplane Mllli clleily (lennnn mntcrlalH came wan built nt the French up in i ftiinf.lilf.fii tl..., ,.. naval air station here It Is fitted with h,)(.cia gevern.nentnl ciinmlttre charged four meters, each of 2i0 honenewi-r. with consideration of deliveries of mer The wings measure nearly 100 feet from clmndibe by Ocrninny tip te tip. It can descend either en i0 pian has been under negotiation land or water, and is intended for pas- nt n BCrles et conferences between Huge icnger aerrict between Marseilles and stlnncs, German Industrial magnate, A'KlerB- and Senater De Ltiliersac, president of the Federation of Ce-operative Secle- Politician's Daughter Injured ties of the French Liberated Regions, Lebanon, Pa., Sept. 0. Mltn Fler- reprchcntlng 130,000 perMins with war ence MJsb, daughter of O. Derwy Minh, lnss aggregating mere than 18,000,- chalrman of the Democratic County 000,000 francs. The negotiations were Committee), of tbls.ctty, waa injured iM held under the sanction of the French the knee, yesterday .in en automeDiie cot- uevernmeni, wmen is ejpeqica jeuuu e A L OCAL DEADLOCK STILL UNBROKEN lilfl Net P. M Cnce 12'4-!- 14 58 14 - 3 177 - 1 5014 154 91 ' 'A Trading of the Same Small Caliber and Price Changes Were Meaningless 04 -f 1.!'4 374- 4 45 14 0314 594 5414 53 -41 -03 U -2214 r -50 -19 - 130 10S4- 1924- 19314 90 -194 17(4 30 (4 -1394 35J4 10 10K-224-58 -23 1414 II !4 159 57 14 5074- 1064 - 1014- 44 1714 - '70J4 -75 97 14 -04 08 -.J1 "in -26 !4 1194 95H r 46 -26 14 14 "Vi H 14 ' 14 54 14 54 i 214 1 Trading In the local mnrket wat ncaln of wnall dimensions and devoid of. stieclnl feature. The contiactlen in dcalliigH was partly cxplalnahje in.tlie renrtlnnary enndltlen of the New Yerk and also In the nbsence ef'fresh htiinu lux which liriH been lacking for Mime lit tle time. Price variations were nlto nlte setlier meaningless in most eases again lielng confined te wnall fractions. If nny disappointment wns felt In the failure of the Public Service Corpora tion of New Jersey directors te lncrenfe. the dividend rnte te nn 8 per cent per annum basis ns predicted It was net outwardly shown. U. (. I., which would he mntcrlnlly benefitted in Income by such nn action, continued te be well Mistnined nreund filC,. Tills Is 1' points under the top price of the year, but 11101c than 1(1 points above the low. The pnv-lbillty of 11 'fuel shortage tills winter It Is understood lias caused a considerable lnerense In the sale of gas stoves and npplnnccs. This foreshad ows n nrger consumption of gas this winter nml which In turn Is certain te Increase the earnings of the company. A Mitlsfactery nettcmcnt of the local gas ieiiM- question la something the ma ma jeiily of the stockholders would like te tee. Little rhnnge was made In the posi tion of the ether utility shares, with the most of them remaining stationary at the recent prices. Union Traction cenUnued firm nt -II, but the transac tions were really unimportant. H '54 " 4 54 54 14 " Vi 1 14 1(4 1 1(4 18 74 Philadelphia Stocks 8714 154 5214 214 24- Net Itlirti Lew 1 P. M, dice. OAUI Tnsup 24 Vj 3p,4 2i,.. 20tAm Tel & 224 158 -11 374 44 01 a-7614-100 1 464 7 - A Twnr w I 17 lis i7Vi 17.. 41 .. 17 Cnnib Iren 41 40-?i 30Ch& Alten pref . ... 0 2(50 Kler Ster. -17 !).- In Ce N A 41 SOOt Key T&K S-'i 100 I.nke Sup. 7:'i 10 l.eli Nnv.. 7Sa 100 Leh Vul.. CS-'C, :y. .Stn Oil 11 27.1 Pcnnu 11 U 47 10 1'hihi Ce cum pf.. V,i 147Piilln Klec i'HTs 011 de pref.. 31 It!." l'hihi It T :n inOToiie llcl.. Mi 200 UnlenTnic 41 27.". C (J I .pil4 2" de pref. . M's 0 4(l'2 40V.' 7:li 78!w (IS.-'!, 14 4tlH 43 :2- 41 51 55 'J n 'A lll'.i Va It Vi ?&.. 701.. 78.. tiS-l 14 Ji 40"i Vs 43.. lTs Vi 3l '4 M ?i Mi.. 41 U 54.. 55i 14 154 1H 2 "l4 Vs - Vs 384 !a 444- 14 51)4- ?i 31 G?S- 14 71 40 21 - '4 93 14 - 14 110(4 t- 14 0b 'A -I H 7i4-iB34 9d - H IJOJi I- 4 tNet chnmji mulii by ionuarlen with laat sale en Ntw Viulv hleclc Kxrhimnp.. rillLAIlRM'HIA IIONUS 5014 33 14 f 118(4 -35i 164 h -53 -4014 334 -7314 1- 34 20 53 -50!4-30 33(5 51 14(4 4 34 6?4 -104 09 -1214 4014 96 33 -1014-50 - 54 14 54 H 54 54 154 14 1000 Liberty 1st 4',s '47. 1000 Liberty 2d 4s '42 ."00 Liberty 2d 4 s '42.. ."00 Liberty .'!d 4'jh '2S.. 00O Liberty 4th 4'ts '.'IS. 40(HI Liberty 4th 4V4s ','tS. ."0(1 Victory 4:,is called.. .100.50 .100.10 .100.11 .100.1 I .100.. '10 .100.41 ;100.18 . 115 . 0(1 . 7S . 100 . 100;; 400 city .f ViiK ' res t!." Klec A: lee Tr 4s ctfs. . . 40OO Hunt & II T con Hs 7000 l'hila Klectric 1st "is 500 I'hilii Klectric Ut 5s. . . . 1000 rhlln Uleetrlc 1st os 15000 Tnjier Ens & Mfs S "1(1 100 08 COTTON MARKET New Yeili, Sept. 0. The cotton nintkct showed uiodrrnte wcuUnes.s at the opening, with prices down 11 te "0 points. It was compelled te ubseili further nctive licilse selliiiKi In addi tion te pre.smire from Liverpool and .liip.uiesu interests. Liipildatluli of Oc tober also was a feature at the outset. HuyiiiB that seemed te coine from Southern mills, as well ns local Bherc covering, absorbed the offerings nnd the list inter was steady nt a little above initial levels. 93 14 26 J4 -63(4 -19!-4- 127 -93 112 - 117 54- 85 4714- 53 - 131 rs - 6 7 -10(4 -48 14 5?4 127 - 57 - 86 (4 54 14 i 14J4 74 -19 14 150(4 -79. 'i 37 -80(4 f 15314 15 32 01 n - 33 i , fi?e I 20 '4 - 65J4 81 14 56?4 f ?4 -29 14 f 52 M I 2 14 3314 -12 -109)4 14)4- 42 - 1 9 14 -100 63 54-134-25-27 !4 8 74 - 43 )8 f 46)4 29 14 4. 44)4 f- Vz 54 54 114 4 ' 2 154 'l4 14 54 Previous Cle Open 12 M. HI 03 il is il li il ii Oetetwr . Se. B Decembcr . . m.newsT .. HI 13W18 .. ui.'jew.'j . . HI IIQ it ID il.03 VI. 10 11 10 JO.W3 January Mm ell .. May July .... GRAIN MARKET Chicago, Sept. 0. The wheat mar ket opened barely htendv, unchanged te Vi cent lower and early in the da moved within nanew ilmils. 1'lie I.iicrpoel market opened Vjd te ,ld lilL'licr. but the second cable hIiewciI n partial decline of s,i nnd net kiiiiis l'-4 i 'id te V-''l. l estenlny h exixii't business was placed nt incite tlian n million bushels, but receipts were very heavy, and as the trnde took a mere hopeful view of the rail strike news, it was tlin consensus of opinion thnt the market needs a very much better foi fei clitu demand than has yet been ex perienced te briiiK nbeut liichcr prices. Cern started Vic te ')se holier en further bn.vliiK en the ciep news, but encountered unite- nctive Belllnu and seen lest the cnins. O.its were 'Kc te Vic nt the opening, but seKRed off with corn. I'roviblens were quiet with smnll price cliunges. lless iverc slew and nominal. I'revieus 1i uloae . At fi7H Open r.7'I cf f.7S (.0T4 0 01 tifi'i 1 ni'i ?M.ni i, I.OTUOl.OT'li ni 1t" 3t, as CO M. n nt r.7, 0' I "01, I fi'ii 1 07S 34 H4H 3S Cern Sept Dec Mhv Wheat- 110 Sert no Dcp .ni: Miiv 1 iVl Onta Sept. ... Dei- jray .... ltyc Drv May l.nrd SVpt. ... lire. rtn. . .. nia. 37 10. oe in no 0 17 fi'66 NEW YORK COFFEE MARKET New Yerk, Sept. 0. In response te the disappointing showing of the San San eos mnrlfrt. the local coffee future, imiikct told off 1 te 5 points en the tipcnliiif call this morning, with trading cenlliit'd te Dcevmber, March .im May, Trading was quiet nml without fea ture nreund inld-diiy nml further price changes were unimportant. I'rjv. f'le Oppn Septfrntcr 0 1H5JB0 tn is Ociuber II 111 li ir, l)eremlr 0 r.Ti ll.fte Mb rch n r" w r.n n . i r,r, May !.r.7(ff.1R lir,4M J,.i: tOfterVd. t,5WSq "5O0 RECORD CONTRACT YEAR $20,000,000 Expended by the City rcgleni. utll Since January 1 The year 1022 undoubtedly will prove a record-breaker in the number of rrii tracts entered Inte by the city if the present rnte is maintained. A check made by the Mayer yester day showed that for the first eight months of the year he had signed 1257 rentracts, total expenditure by the citv being $2O,004.78fi.42. t That, the Mayer, said, was one of the largest contract periods for construc tion work In recent jeers, Last month the Mnvnr iiim-i n i. j a. . .. . . ,i, . - -n.n, xni i v',"'"-,"'.v"""i "i ii exiiennitiirn ni S2,O5;i,402.2l. Of that total SI "in. that total Sl.tsie, 0S0 waa for works and . Department .701,2815 for tfab eeltU rtrattfl i 114. Inturanca STCOMP LPWMJtli"W'- Statement of Condition Augutt 31, 1922 The Company's Funds ere invested as fellows j Cash $356,567.70 Leans Secured by Collateral i Leans en rirst MertcaRcs U. S. Government and R. R. Bends. . . . Commercial Paper Banking Heuse and Other Real Estate. . A Total of $4,534,193.00 Te Protect $2,315,884.10 of Deposits T. MORRIS PEROT, Jr., President DIRECTORS Themas R. Tunis - Alnn II. Rccd T. Merris Peret, Jr. Henry Paul Busch Davnl Mne c,)arl w Bcck j Geerge M. Hendersen nf-.. n:,t.if. William Henry Brooks I??cur?Bl.d.d,e T l.lnvrl rente ArtllUr W. Mutten Francis R. Tayler Jehn P. MncBcan United Security Life Insurance nnd Trust Company of Pentuylvanla 605 Chestnut Street Philadelphia The Commonwealth Light & Power Company x Under Successful Management Controls 63 diversified Utility situations Serves an aggregate population of 175,000 Furnishes adequate, uninterrupted service Enjoys untfermally cerdiaj public relations Maintains the integrity of all investments Sheu'.t substantial and increasing earnings The C. L. fit P. Company has the advantage of the experienced nnd efficient operating supervision 'of the General Engineering and Management Corporation nd through recent difficult years of Public Utility oper ation has fully demonstrated the results outlined above. DISCRIMINATING Investors who fully appreciate the significance of the recent remarkable recovery of Public Utilities will be Interested in our C. L. & P. Ce. Bulletins which will be sent en request. FAIRMAN& COMPANY ESTABLISHED 1902 Drexel Building, Philadelphia, Pa. II September 6, 1922 II RALPH RUNYAN JOSEPH J. GREENE have this day become associated with our Bend Department B MtCewhCa LAND TITLE BUILDING PHILADELPHIA, PA. Members Philadelphia Stock Exchange 11 $200,000 CITY OF PHILADELPHIA 4 Bends Maturing 1972, Optional 1942 Price 101 and Interest HARRISON & CO. BANKERS 106 SOUTH FOURTH STREET PHILADELPHIA Members New Yerk and Philadelphia Stock Exchange, In Continuous Business SOtfcateP MOVER Cr CO. VaVfdal9i PttHAQtfA JrVC IMtHl BaNKKUB & BrtOKERS 301 Chestnut Street TAX BKTUIINS AUDITS HVBTKM8 I. Franklin Heward & Ce. Certified Public Accountants ASSURED INCOME .i jiiu nut iiUi i 1 1 " '" "' wnimnv ten ii tn. mm iut rem. un,i n, .i.-.i.i--" ."'IW ?;"' '." I .DM irnlMbi liV ',.r; . i-i-r ature hlT ".' '.'ill oiiper bllndcliilila, In a wr. Tl u lt ca ,...! .Z...r.- TOaTiVfeAK," bMktra. Fer particular. WM.,...r, iiruierue .VTJLV no ! I sal 1,119,601.72 2,102,515.29 592,454.53 120,383.07 242,670.69 Francis II. Hemperley Frank J. Stull $129,000 City of Phila. 4s Due July, 1972 I 101,50 and ttitereit Te Yield 3.90 Townsend Whelen & Ce. 60S Chestnut St. ' Urmheri ,V. V. J rhila, Bteck gxcaaafJ The First National BanK ' of Bosten it . Capital, Surplus and PreflUI S37O0,gf v,l , . i ' & .. ,... ... ,-.Hj. .. aJ-- i. l.r4if". v M ?r nftv fni aM' ' ,, '.tL", , ... i&4ih G&l&llrrilrnr Mlmmamnsa-'neiMrrili2'$S i4 "ivrt9rf,fcn. fist . Wm "" ' ' 7" aej i 1 1 aimjai" l!z Mng7Tfn '-. Jt- .1 A 103, LEUOKR OFFICE
Significant historical Pennsylvania newspapers