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