V'i,?f''
rT4i;i
k$n
?:
y.y
l i U ai
rift
t
iJ
U . - 'IMffi J
1 1 Ti ..f. -Tm-M.
Bends
Short Term Notes
Acceptances
OFFERINGS
will be submitted
en request.
The National City Company
Philadelphia 1417 Chestnut St.
Atlantic City Chnltents Dleck
1225 Boardwalk
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
ciation, equal at least te
twice annual bend inter
est and sinking fund re
quirements. In addition the bends are
guaranteed uncondition
ally as te principal, inter
est and sinking fund.
Descriptive circular and
price upon request.
Hemphill, Noyes C&, Ce.
Members New Yerk Stock Exchange
Franklin Bk. Bldg., Philadelphia
New Yerk Pittsburgh Bosten Rcranten
Les Angeles Albany Syracuse Baltimore
Wilmington Bridccrvrt
CONFIDENCE
Yeu can rely upon u te
suggest dependable securities.
It is te our advantage te see
that your money is safely and
profitably invested.
COMMERCIAL
TRUST COMPANY
Member Federal Reserve System
City Hall Square
If There Is a Market
We Can Find It
We held sales of stocks
and bends every Wednes
day, charging $1.50 en
trance fee for each item. Our
weekly catalogues and post
card service reach every mar
ket. We take pleasure in
furnishing quotations.
Barnes & Lefland
im
block
Ilrekpr
117 S.
ii nil XuLtlenetr.
4th St.
BOND TRADER
Wanted
An opening with a present and
a future for a high-class man.
Bown & Company
INVESTMENT BONDS
1 ntmHm lli.11.lln.
5th Cliestnut Mrreta
We Specialize in
Pennsylvania
Municipal Issues
Biddle & Henry
104 SOUTH FIFTH ST.
!f
EtVRsrr Bre s. &. Ce.
BANKERS
MtMttRS FHIIASCIPHI UTOCK t"'-MN0t
Investment
Securities
1421 CUE3TNUT STREKT
PHILADELPHIA
NEWBURGER,
HENDERSON & LOEB
Members New Yerk and
Philadelphia Stock Exchanges
1512 Walnut St.
'I
"i:
t
GEO. A. HUHN & SONS
Mrmberk et the 1'hlluilelulila. New
Yerk and ( hlrae Stuik I.jtrhuiiies.
New Yerk t'otten Kirlianxe.
STOCKS & BONDS
bought mUiI uld ''." t-'Hl' Ft
curried en inin.rruthe margin.
UelbMue Court llhK.. HIS Walnut Ht.
N. V. Ill llreiidwnj
i..
"C. S. PATTON & CO.
311 CHI'slTNTT KTS.
BANKERS
Hiicresnerii te
NAII.KII , HTKVKN80N
lleniN mid steiku lieiiBnt und Mild
I (
' .! u.i. iriianB
ttmrm i-"iii rn- - ---.-. -. - r
i; ' um i ' r,J - ' ' i-"i
'V A W e n 1
n ' Oavmg$ Utpartmtnt I
it H I RrstKatienalBank
k 1 ex Philadelphia I
V" . - I SUmSTKVTtT If
MARKET BROADENS
AS STOCKS RALLY
Sales
430
203
2103
5900
833
203
503
300
2700
1000
3233
100
503
630
100
430
1100
233
400
500
200
203
7530
4200
300
100
200
5700
2600
100
1030
103
900
2803
15633
16030
300
100
500
200
11900
103
103
100
2700
100
1030
2600
100
4 1200
500
1700
100
1100
203
14530
3403
430
1100
100
2C0
533
600
100
103
3J0
1430
100
1200
6'J0
200
1200
2330
8830
13i0
1000
2200
1403
100
500
2830
3300
1103
100
Cencerted Buying Again Made
Specialty Movements an Out
standing Feature
New Yerk. Sent. S. Continued im
prevement in the Imlustrlnl nml mil-
reiid Htrlke situation, relatively easy
1 money nmrket condition nml n tlrflp In
commercial failures te tlie lowest point
Mnee the beginning of the year sup
plied the MlmuhiH for the continuation
of the forward movement In today's
stork miirket. Concentration of specu
lative activity Jn a limited number of
selected issues once mere gave the
market a "spotty" appearance, but the
advancing prices extended ever u bread
list.
The constructive forces evidently
found much encouragement In the re
ported American Federation's vote
, against n general strike. The apparent
!
earnest eunrti ni tlie union s repre
sentative and the railroad executives
te negotiate separate agreements also
placed a much mere hopeful coloring en
the shepmen's dispute. Advices from
the anthracite miner' convention like
wise sei-mcd te insure n successful ter
mination of tlie one remaining obstacle
In the way of building up general busi
ness. While nil of this nrjt;etlenabIy Mip
plied mere pleasing lilgli lljlits te the
market picture It was quite obvious
the principal propelling power was still
derived from tin same two sources
which have, mere or less, been the
dominating inlluei ce through the cur
rent week. These were renewed peel
activities and covering of an Ill-timed
short Interest created by another f-erl-eus
liiNiudgiueiir 01 the actual mar
ket position. Nevertheless, the peu":1
behind the throne was unquestionably
well organized and with substantial
backing. There was at all time; a
great deal of prelit-takiic, but the
market'" abferpiiun powers evidently
were unlimited.
Demestic oils, equipment nnd meter
accessory share were the mere promi
nent speculative attractions. Net as
groups, hut In individual representa
tions. In the three classes gains of
2 te nearly 4 points were scored by
Standard Oil of New Jerer. l'ullmnn.
Huldu-ln Locomotive. Ituilway Steel
Spring. Kislicr Bedy. International
Harvester, du I'ent, United Drug. Cen
tral Leather preferred and l.erlllnrd
Tobacco. Apart from the further ad
vance In Norfolk nnd Western, move
ment of the rails remains narrow.
BANK CLEARINGS
Hank cWrincs today compared with cor cer cor
reipendlni; dav last two fnra.
1nI2 1021 1020
N v . r.rm.noe.oon .'i34.tini),oen nni.T2i.fin3
l'hlla $73 OOU.Oml SU3.0UO.UO0 J77.slO.liU
FOREIGN EXCHANGE
Va... Vnili ti...,, W It I....
2J0
1200
L33U
1833
5433
100
830
4200
100
203
4100
330
300
103
100
103
10J0
503
100
600
930
100
330
7J0
1203
500
11033
2630
3530
in the foreign exchange market today i
where changed, were lower. Sterling;
we down s : franc down 4. lire down i
1. Hclglans down I1... Danish down (i.
Norway down 2. inid marks down 1.
Swiss, pesetas. Swedish and Dutch were
unchanged. The market retained a
speculative flavor and business was en
a moderate scale. I
Quotations were: j
Sterling cables 4.4". demand I
,4.1."'...: franc cables 7.74'i, checks'
"T.'iLj; lielgiun cables 7. 111. checks'
7 IIO'i : lire cables 4.:ir, checks 4.H'.. ; ,
Swist. cables IS.'.lS, checks IS. !.": pe- '
seta cables l.i.-l.s. checks l.i.4(i; Danish
cables i!l..'l!. checks ''t..'!4; Norway
cables Kl.fU!, checks If,..": Swedish
cables "(t.."iO. checks 2(1.45: guilder ca
joles ..S.!)t). checks ttS.sr, ; marks .07.
j YUSTCKDAY'S CLOSING QUOTATIONS
' Strllnir rraiv s Mm Guilder.
i Demand -t.-t.l'T 7 71 4 31 3(1.8.1
kables . 4 43,t 7.7T 4. 'it'-, 3!.D1
TODAVa OPKNINU QUOTATIONS
Strllnij Francs I.i.-p Guilder
Demand ... . 4T.Vj 7 73Hi 4 34i3 3S.S.1
fables . 4 l.Vj 7 7t 4 33 3S.t'u
20300
DIVIDENDS DECLARED
'.ilifnrnla l'etreleum Company, quarterly
of J 1.7.1 en preferred pijable October 1
Boeki close Scrtemtwr l!"
Amcrlenn i:tpris Cempanv, nuarterlv of
$2 pav.ibln October te stock of rtcerd
74D0
100
3530
830
400
900
100
433
C030
733
400
703
300
10J
14 JO
330
1230
310
700
100
5030
200
503
430
1100
700
18 JO
8)3
100
4030
10J0
100
42030
600
no
300
UJ
383J
030
100
100
1500
100
103
45 'J
1430
1C0J
13J0
230
303
533
2200
500
100
7 JO
100
8703
100
1800
1900
100
100
2600
200
2400
Siptmbr it
I II J rtonelils Toba'e Cn.-nnanv. nuir-
!" y of 3 pr cent en "A ' and "B" om em
( mnn and of l3 per cent en preferred, all
j ranbie October 2 te RiutA of record Sep
' e tnbrr IS
Mack Truck r'nn pjm' quarterly $1,7.1 en
flrn ,,nd nee.ind preferred iMth pavthle Oc
tober 1 te HtOc! wf rtcnrd Hrtemr 20.
AmTban Pnx.-r and I.lnht Company,
quarterly lla Pr cent en preferred payable
October 'J tj ste. k of record September 15.
American Exchange Mccurltle Corporation.
euarter! - per cent en clars A shares, pay
able October 1 te stock of record Septem
, ic- lrt
' "ew Tork. Chicago and '5t. Leuis Hall read
(.enipanj. two dlvldendx of 1 ' percent each
en common. na.ble Sept'niber 30 and D-
i comber 30 te me. It of record September 13
l unit rweember Hi rencetiel.
I Columbia Petroleum Company, n nub-
, nldlarv of the Southern Ht.ilei en company,
'monthly 1 per ent. pavable October 1 te
atecl; of rterd September liO
J t IVnnn ' empa quarterly SI 7ft en
lprefrn 1. paable September 30 te stock of
I rteerd September 20
Pennjlv.itila Tower and I.lKht Cempanv,
quarterlv tl 7". en cumulatle preferred.
I eavabla uctuber - tu stOi.k of record Scptem-
i...n i?h Valley Ceal Sales Company, quar
terly $.' paab!e October a te stock of rec
ord S.piember 1 1
1 Warren Brethers Compani. quarterly 7."
erta en first preferred and SiH en second
I preferred l-elh payable Octuber 2 te stock
'uf r"ierd September 23
LIVESTOCK QUOTATIONS
I'lttshnritli. Hept 8 HOGS ItenelpH,
:inn hemt IIlBher Heales. 10 WBn.T.V
he. jerkeri. in.30f 1" 53 Merit erkera,
, jy 7.-. n le, piK in frie KO
1 PHEEI AND LAMHh Rerrtpti 110'j head.
I Sheep 7 .10 stee'ly. lamhs $13 ST.. (nuher
I CALVKr1 Receipts ltih heuO ."-(aUy.
Tep, J13 30
i r.nst IlilfTule. fcept M rATn.i:-Ite-eelits.
fl7." heart Jei;iI siemlj . eonimen.
Mull CBlet recelrt" 00 head. 'lelnK
slew r.Oe hluher, J.'itZl.'.
I IIUOP--Kec Irtr. '.'"On heail .Stead te
Ifn higher, heay. t '.T.yin mixed. inr
'nil'. ;eiker. Iiu IS ru-;, IIOWIO 15,
I roughs 10 "tt rtHi-s $U.'i
fHCKP AND 1.A.MHS Herelptj. 'JSOO
'head. I.ambH. attlve. 15c htuhcr. $0tfl4;
i jearllnes. JO JO.
I f hleaite. HeP. s - CATTI.K Hec'lpts.
31100 head. Geed and .helr cattle scarce
Tnn Uuh utters. 11(1 11." liu'ic of nun IV and
einilltleii te sell ut tH Tftt In, train leads
Weatern urassers. J7 S.t7 35. all clashes
ic liern'U sled)' hulk heef eews and heifers
J4 507 canners and cutters, laruely 11". 75
Hi 3 '.0. holenna hulls mostly 13 0U4 13. veal
laHes tlu RDft 1- 73
HOGS llecelpts 10.000 he?.d Market
slew Mostly 15 23c hlither bulk 180 te
U20 pound averages. IM,(ISwO,73, lop. 10 73.
hulk 230 le 23(1 pound butchers, IIMUMH no,
27(1 te 3(10 pound butchers J8 00ti 30,
packlnB ses mostly 17 0 7 50 pIks strenu
at the advance largely JR 2.".75, pis;
packers de.nit little heavy IS 1100 50, me
dium, 18(31170 IlKht J9 50n7O. Illiht
lluhts H 75611 50; pnckins sews, smooth,
1111107 5(1; packlne sews, rough, (l.l07,
kllllnir plB 17 738.7.1
BHBBr' Helpts. 13,000 head. Fat
.I, Mlrr.nu te 13e hUher. Ten nulhe.
100
2100
200
1J0
100
8900
200
100
1730
500
3100
1300
1200
3i 500
300
1000
il2 73 te shippers r.nd city butrhers. $12 03
te packers, bulk mU.ves ll! 25 I'.Mlp. nerts
Unlit; culm mena .n.i. ..., rw.... ..ubuihh.
ten laiiiln, J12U0. sheep and feeders uen
erallv steady best light native eives III SO.
heavy mostly J3.B0. geed feeding lambs
around 112.30.
MONEY-LENDING RATES
NKW VOKK Meney en call, belh classes
of" te, lateral, opened today at per cent
for lendlnir and renewln.
i.iiii.AIH-.I.I'llI.V Call. 4 per rent;
time. it tu 44 Per cent; commercial paper,
:;.;. :' -i- mnniha. 4U te 4 IX. uer rent
litndun-Meney, '.' per cent. . Dlsceu
It.n, -t.
'Z
tcday.
rati" short, ana three months bills,
per cent.
of an
Londen Metal Market
tendon. Sept. 8,Stindaril copper, spot.
copper
Klect
ni? n., futures. tuJ ls
", futiirM. 103 ls ,J. KlM'relytlc.
ITO 10a; futuraa, 'C71 5. Till. U89 I
tutSri'a. tM Ba. 'Jad apet. h ftst
m. (SS Th d. iilnct, wet. t3l IDs; fu- I
rn IBs. r' "
spot. C70 !!. "ui"
iOa. iu
mures
EVENING PUBLIC LEDGER
NEW YORK STOCK EXCHANGE TRANSACTIONS
Only Afternoon Repert in Philadelphia Quoting Full Li$t
Civ.
in I frrOC'K lllh
Adams Express T0H
.. Advance numely... 2'
.. AJnx Hubher '..
4 Allied Chem & Dye. 03 V
4 Allln-Chftlmerf) .... S8H
7 Allls-ChnlmerB pf..10t
.. Am Asrle chem.... 39 J4
.. Am Aerle Chem xt. 70
G Am Hesch Magneto 45
4 Am D S V .... 80
.. Am Can 63 ft
7 Am Can pf 109 H
12 Am Car ft Fdy 190 U
.. Am Cotten Oil 28
.. Am DrtiE Syn 6'
.. Am Hlde & I.cath pt 74 i
7 Am Ice 122
6 Am Ice pf 93 ft
.. Am Internal Cerp.. 35 H
1 Am L,a France Eng 13 ft
.. Am I.ttiBurd 35 ft
Am Linseed pf 95
0 Am locomotive. .. .124ft
3 Am Metals 52ft
.. Am Metal pf 112ft
t Am Radiator 119ft
.. Am Safety Razor.. 7
.. Am Ship & Cem.... 19ft
.. Am Smelt 65 ft
IS Am Snuff 156ft
3 Am Steel Foundries 4J ft
7 Am Steel Fdys pf,.105
.. Am Sugar Rcf 834
.. Am Sumatra 40
9 Am Tel & Tel 1I3ft
.. Am Tel & Tel rts... 3ft
12 Am Tobacco 16Bft
13 Am Tobacco D 164
.. Am Waterworks... IBM
.. Am Watrwks 6 pf 40
7 Am Woolen 102ft
7 Am Woolen pf 1 te
.. Am Writ Paper pf. 32
.. Am Zinc Ld & S pf 45ft
.. Anaconda Copper... 55ft
.. Ann Arber 22s4
G Asse Oil 120fi
Atch Tep & San Fe104ft
.. Atlan Sir & Atlantic 3
7 Atlantic Coast L.lne119
.. Atlant'c Fruit ctfs.. 1ft
. . Atl Oulf ft W I S S 31 H
6 AtlaH Powder pf.... 90
.. Austin Nichols 31 H
7 Austin Nichols pf.. 85ft
7 Daldtvln Locemotlve134
.. Baltlmore & Ohie... 58ft
.. Harnett Leather.... t6ft
.. Barnsdall Class A.. 37 H
.. Bayuk Bres 54 ft
. . Beechnut Packing. . 33
6 Beth Steel B 78M
8 Brooklyn Edisen... 122
.. Bklyn Rapid Transit i6
.. Bklyn K T ctfa of db 21
8 Brklyn Union Gas.. 121
.. Brown Shee 64 ft
7 Brown Shee pf 97 ft
10 Burns Bres 137 ft
2 Burns Bres B 48 H
.. Eutte & Sup Cep... 3Cft
6 California Packing. E2ft
.. California Petrel... t5i
.. Cat Zinc nnd Lead.. 9
10 Canadian Pac'fle. . .148?i
.. Case J I Threshing 43 ft
.. Central Leather.... 42ft
.. C'cn Leather pf.... 82
.. Central of N J 200
.. Cerro-de-Pasco .... 41
6 Chandler Meters .. C3
4 Chesapeake & Ohie. 77 ft
.. Chicago & Alten... 4ft
.. Chicago & Alten pf 6ft
.. Chicago &. E III 40
.. Chi & E 111 (new) pf C2ft
.. Chi Mil & St P 33 ft
.. Chi Mil & St P of 53
6 Chi & Northwestern 94
7 Chi & Northwest pf124ft
4 Chicago Pneu Teel. 16 ft
.. Chi RI & Pac 8ft
6 Chi R I & Pac 6 Pf 67ft
7 Chi R I & Pac 7 Pf 98
.. Chlle Copper 24
. . Chine Copper 31
6 CW St P M & O 84
2 Clev CIn Chi & S L 78ft
5 Clev Cin r & S L pf 97 U
7 Cluett-Peabody pf..103
4 Coca-Cel.i 71
.. Cel Fuel & Iren.... 32ft
HIS Net
P. M. Che.
Lew
78
20
1IH
89
58 Vl
101
39 H
70
43 M
79
63ti
109
190
27 H
ew
72
121
93 H
35
13
35 5-i
55
122K
50
112
119Js
7
7X
64 i
156Ji
42
105
8315
37
1S.2W
78H H
21 V6-4-
13
89W
3994
70 -
lit
K
54
"y
Y
44J4 IK
80 154
63H-T-, V
109H ' ,
190 4194
28
Hi 7
74 54 -f
54
1W
2
54
54
54
'i4
254
H
54
194
5's
121
938
35H
1354
3554
55 -124
Ji -
50J4-
11254
119JJ
7
1891
64 94
156J4-
42 54
105 -
63 54-
39Ji
122H
3!
168
164
18)4
40
10154
110
32
1!4
54
154
54
254
!4
394
54
ii
3H
H8
164
18U
40
101
110
32
45 rt
65 Vz
22 i
9Vt
1C3U
3
IIByj
1H
29
90
30
B5J4 .
131 k
57 ?f
6514
5714
54 yj
33
78
1217s
-5
21
121
C3U
97 Y
1362
48j
30
81 U
C4',2
OH
148
41 Ts
40 Ji
7814
200
40
t2'4
76 Vs
4
6'
40
6H4
i3
52 U
93 H
124J's
t5A
47 Yt
86 H
98
23 X
30 H
83
78 U
97 J,
103
70
3194
49 t
K5W
14 51
74
2!i
H
143
11
90
1 1 8 Ji
49 U
97
99 V3
H
26
96
14('g
2414
140;e
133
153
09 Yz
b&
9
40
7H
22
J.8V4
ism
25 !4
14
102 Yz
104JJ
59
115
95
12
23
66 J'2
102
t9
81 ?i
178
11,
84JJ
:'-l2
85
14U
i4
40 Ji
IZ's
98
13 !'j
85
21
82 3
19
BJ
1114
112J4
3 9a
43 it
55 54
Z294
119 54
10414
3
H8V4
194-
31
90
3154
85 54-
133 54
5i
1
1
54
y
H
1
254
94
H
254
H
66
C5 54
37 54
54 54
33 -70
9t -
122
25 94
21 -
121
64 54
97 74
137 5i
48b
3014
82
140J.2
43 54
4194
54
54
n
y
54
154
"94
ii
154
54
ii
1
..
154
!
H
94
154
80H 294
200 7
4074
C3
77 H
4 54
6 54
40
62 U
23 5-2
52 74
S4
12474
86 54
48
17J4
98 -
24
31
84 -t-78
'4
97 94
103
70
3294
4954
K554
S?4
14 54
74 94
1
1
24
54
h
54
54
" 14
ti
Cel & Southern 4Sft
Celum Gas & Elec.106
Celum Graphophene 3ft
Cel Graphophene pt 14ft
C Cemput Tab Kec... 75ft
. . Consel Cigar -'
. . Consel Cigar rts.... 3ft
. . Consel 131s Ins 4
8 Consolidated Gas... 144ft
,i Consel Textiles.... lift
. . Continental Can.... 91ft
:i7 94 394
314 1
94 - 54
1 43 54 - 54
11 - 54
90 14
633
4 Cern Products Ref..119
11814
499 -
97 -
9914-
54-
?.6 -97
54
1454
2454 2H Cosden & Ce.
50 ft
Cruplhla Steel i-7;
7 Crucible Steel pf... 99 '-j
.. Crucible Steel rts..
. . Cuban Am Sugar... 26
7 Cuban Am Sugar pf 97 '4
. . Cuba Cane Sugar.. 14 ft
. . Debecrs C Mln Ltd 24 ft
9 Delaware 4s Hudsen141 ft
6 Del Lack & West..' 36 S
8 Du Pent (K I) Ce..l54ft
t; I.-u Pent 67e deb pf 90
6 Eaetman Kodak... 84 H
. . nmcrsen-Brantlng . 9ft
. . Emersen-Brunt pf . 40
3 Elcc Storage Bat... 40
. . Elk Hern Ceal 22
6 Kndleott-Jehnbon .. 9'z
Trrle '
.. 11 IO ........ OCT'
.. Erie 1st pf f5 ft
.. Fairbanks ,'",,,.
8 Famous Players 0'
8 Famous Players pf,104ft
G Fed Mln & Smelt pf 59 ft
10 Fisher Bedy U6ft
14154 1014
136H 3J4
153 54
90 -J
84 94
9J4-t
40
47 74 -
22
894
16
25 94
14 -
10254 -10414
591-i
M654 H
95 74-
1254 r
23 -&7
94 v
102
t.9
8154
178
14J4
85
3514
05 -1454-S474
40 H
12(j
98
1
g Fisher ueuy ei u m j
. . Flsk Rubber 12 ft
Freeport Texas.... 2JH
'3 Gen Am Tank Car.. 67 M
7 Gen Am Tank pf...102
General Asphalt.... 69?
6 General ClBar 82
8 General Electric. .. .170
.. General Meters.... 14!i
6 Gen Meters deb 6 5
.. Goedrich V 35 W
7 Goedrich B F pf.-. 85 4
Gray & Davis 14W
"l Great Northern pf. 94 Js
i p.r North Ore ctfs.. 40H
Guantanamo Suc-tr.
"e Guatit Sugar pf....
.. Gulf Statca Steel...
' -, Ilartman Cerp
.. HcDdee Mfg
. Housten Oil
2 Hudsen Moter Car.
1 Hupp Moter Car...
Hydraulic Steel....
"l Illinois Central....
6 111 Cent Pt "A"
Indlahema Ret
Tallinn nef.nlne. . . .
121'.
98
t!4
85
21
83! ,
ii"
19U
E'i
IIUj
1131,
3i
9J-i
b3J4
85
21 -
83 94
2194 .
1954
054 .
111!
11314
394-
9
42
194
4 ii -:
33 54
29 5-4 r
2314
11254
57 94
1794
82
59 54
7714
1454
7 94
3374
85
H
60
48 54
25 54
50 54-
494
45 94
44
99
37J4
0
168 94
79
8Js
4174
4
33
20 H
23 A
11 IU
17
yH
82
59
'7Yt
AH
7 94
32
85
H
60
46 H
25'
58J4
4 tt
45 54
2a4
94 54
37 54
a
167
79
' " Inspiration Cen Cep 42 V,
'.'. Inter Cen Cerp.....
.. inter Cen Cerp pf..
'ii Internat Cement... 33 ,8
- Inter Cem fc.ng.... .0 ';
.: St Great North wl 2! U
5 lnt Harvester new,.114'4
e lnt Mer Marine pf. E8U
Inter Nickel....... 17
. inter Nlcttel vt.... 82
.. international I'aper 60
6 Inter Paper ?? "V
.. invincible Oil Cerp 14
.. Iowa Central 7fc
. iron Products 3414
'. . Iren Pred pf 85
.. uiand Oil... M
.. jewel Tea pf 60
. Jenes Bres Tea.... 49
lCan City Southern. 25 '4
'i Kan City Se pf... S8J4
. KanBaa & Gulf.... Ay2
Kayser &. Ce new.. 46
" Kelly-Springfleld .. 44 ii
"0 Kelsey Wheel 99
Kennecett Copper.. J7H
.'. Keystone T 4-H... 0
7 Kree S S. .. .. ...168
,, Lackawanna Steel.. 79
Liverpool Cotten
.i.MM. Sept. H. Wpet cotton v.an nulst
standard tlma In Nsw Tork. whlc will
oecur at mldnlKbt fleptemter 24, Sumrnsr
time In tlraat nrltaln will rnd en 0.
tuber B.
,nii nr cca Blfmiy en ins nasn
navance of !i l-elnts for mWdlles
St "9t.. r." 000 'Kile... of whlct
- . ml unias iviirn fiiiuti imisiy
1000 bule. ct which
Call Meney at 20 P. C. In Berlin
nrrlln. Sept. . Effective Bentembur 13.
th tiumbpr of paper marka re'iulreil for
Impert dutlfa la udvanced te 310 times tha
(told rts for customs tariff, compared with
200 le date, whereaa ena sold mark today
only iuala H10 parr marks, pwlnit te the
acarcltv of money, call money for Industrlul
purposes advanced te 20 per cent.
H0'. . W . J!. A'VH inas.
? .'rr":K ,- Amirtcaii. I'Utuies wer
npei yricn
14.04(1: ernml
2,u.'rV, Amnrican, mUWIln fair
VI'.l .'' -..ii:. i.a1ln 10 111,1
-....-' u nii. iiiiiv
tnlddllnij i eW. ind erdlnirir. li:ntd "Tha
erdlnaTy. Tt-: rV'naln open until 4:80 If.
"hf.re 'wlU re.nan "fg,1 V ubauJ8
from fVj fnm dairtlBbt savlnal ,te
"" 7,
- PHILADELPHIA, FRIDAY. SEPTEMBER 8, 192
Dlv.
Snles In I STOCK Hluli
100 7 Laclede Gas of St t. 91
100 .. Lake IJrle & West. 34
200 2 Lee Rubber 25 "4
7200 3H Lehlnh Valley 70 5i
lltti
P. M.
!1
34
2514
6994
210
209
t.ev
91
34
2554
C9J4
210
209
t3 54
1994
59 H
17914
13994
5094
9214
85
100
68 74
37
44
b7 54
5514
G44
41 U
6414
6414
40 U
3094
48
19
130
1BU
190
67 54
1914
17 54
29 H
13 94
3494
914
91
1854
47 94
2274
5914
73
22 94
1414
11 ii
125
1494
58
294
6174
98
1C714
:uu 1Z I.IKffett & Mvern 210
300
13 Liggett A Myers U209
7 Llna Locomotive... t-494
. . Lew'b Inc. ........ 20
.. Loese Wiles 6014
12 Lerlltard (Pierre). .180
7 Louisville A Nash.. 1 39 W
.. Mack Truck 5094
7 Muck Truck 1st pt 92 14
7 Mack Truck 2d pf. 85
6 Mackay Ce 100
4 Mackny Ce pf 6874
.. Malllnsen Ce 37 94
.. Manatl Sugar 4414
4 Manhatnn lil Supp 58 94
7 Mnnhat Kiev Guar.. S5 54
.. Manhat Elev ctfs... 54 94
2 Manhat Shirt 4114
Market St pr pf.... 64 14
.. Mnr St pr pf S 10.. 64(4
4 Marland oil 4094
2 Martin Parry 3094
.. Math Alkali '0
.. Max Moter Class B 1
8 May Dept Stores... 133
4 Mclntyre new 1CJ4
12 Mexican Petrelcum194 54
8 Mex Petroleum pf . . 17 54
6 Mex Seaboard 20 J4
Mex Seaboard Oil ct 17 54
i Miami Copper 29 H
.20 Middle Stntes Cerp. 13M
.. Mldvale Steel J44
Mln St Leulu new 914
7 M St P 4 S St M pf. 91
.. Me Kan ft Tex (wl) 18 54
.. Me Kan & T (wl) pf 47 94
.. Missouri Pacific... 13
.. Me Paclfie pf 59 54
3 Mentana Power. ... 73
.. Montgomery Ward. 2294
.. Moen Moter Car... 144
. . Mether Lede Mining 1 1 ii
7 Nash. Chat & St L.. 125
.. National Acme 16
7 Nat Cleak & Suit pf 5894
.. Nat Cun & Cable.. 2
.. Nat En Stamp... 6394
7 Nat En & Stamp pfUO
6 National Lead 108 54
.. Nev Cen Copper.... 17 54
6 N O Tex A Mex.... 7074
.. N Y Air Brake.... 70(4
G N Y Central S094
6030
4000
800
500
100
700
100
100
200
100
1500
1200
200
100
100
100
100
200
600
100
100
200
1000
100
20100
200
6500
103
100
100J
100
200
C100
1400
400
300
1000
100
600
400
300
100
1300
200
100
3600
400
700
330
5-30
603
3200
100
1994
60
180
139 94
5094
9254
85
100
0874
3794
44 -57J4-5514-54
94
41 14
64 54
64J4
4014
3094-
54
1
107 54
17 54
70 54
70
67 94
P4 94
37 54
32 54
2614
123 94
014
46 54
2614
08 94
61i
2 )
23 9
11
38 94
4
ei
Mi
80 74
76 54
694
4694
94
22
38 54
4474
53 54
714
44
4194
70
9" 74
40
2154
92 54
E7
47 94
f5
13514
40 H
S3!i
117 94
36
1614
79 94
5254
53 94
40 54
32 54
71
47
64 54
F8 54
30 4
33 94
5014
3
1374
3 74
9
96
13 4
98 94
1094
93 '4
2714
63 54
1974
11474
11514
1B5
117 54
53 54
'8
57
132 94
6 54
7
3
194
4094
51
i2
-6 54
0
16H
KB54
65
1474
" 6 1-2
16 94
14974
112 54
37 94
160
1754
70 J
78 54
C N Y C & St L 84 4
200 "IS New Yerk Deck. .. .J37 94
5700
New Yerk N II & H 23
550
9600
8503
103
100
2403
600
18700
1500
400
7100
600
530
25400
0403
4100
100
3100
200
100
1200
700
21800
400
200
, 400
2630
100
2 New Yerk Ont & W 2694
7 Norfolk ft Western. 1 24 74
6 North American.... S5 94
3 North Amer pf 46 '4
. . North American rts. 2614
6 North Pacific C9
. . Ohie Bedy & Blewer 694
.. Okla Pred & Ret.. 3 '4
.. Orpheum Circuit... 24
.. Otis Steel 11 4
2 Owens Det Much... 40 H
.. Pacific Devel Cerp. 4
6 Pac Uaa a Elec... 84
3 Pacific Oil 59 54
6 Pan Amer Petrel... 82 H
6 Pan Amer B 78!4
. . Pnnhandle 5 4
2 Pennsylvania R R. . 4694
5 Peeples Gas Chicago 94
.. Peoria ft Eastern... 22
.. Pere Marquette... te
3 Philadelphia Ce 4474
2 Phillips Pet 55 94
.. Pierce Oil 794
. . Pierce Oil pf 44
Vi
94
54
Plggly Wlggly Stere 42
0 i'itts coat i
6 Pitts Ceal pf 99T-s
. Pitts & W Va 4054
1200
300 114 Pend Creek Ceal... 2174
3100 6 Pestum Cereal fi94
600 . . Pressed Steel Car. . ( 9
2100 Producers & Ref 40 54
200 6 Pub Ser Cor of N J 95
14030 8 Pullman Ce 13694
100 .. Punta Alegre Sugar 49 94
2300 2 Pure Oil 33 54
1030 8 Railway Steel Spg.. 119
' 2003.41 Rand Mines..
36
400 . . Ray Cen Copper. . . .
7830 4 Reading
100 2 Reading 1st pf. ...
100 2 Reading 2d pt
600 .. Remington Typew..
703 .. Replogle Steel
1530 .. Repub Iren ft Steel
300 .. Reynolds Springs...
5200 3 Reynolds Teb B....
1694
80 94
52 54
53 94
41
3274
24
27 54
55
69 94
96001.13 Royal Dutch N Y..
100
200
1300
100
200
100
1200
300
13030
100
3000
1100
2000
700
1603
16700
900
930
100
100
633
1200
21603
200
100
2200
200
10000
j. 930
100
2333
4200
4800
200
100
4200
1400
330
1930
300
100
300
1003
100
St Leuis San Fran. 30 94
St LeuIb Southwest., 3371
St L Southwest pf . . 5114
.. San Cee Sugar 3
.. Savage Arms 1374
.. Saxcm Moter 3 74
.. Sears-Roebuck .... 91
6 Shell Union Oil pf A 96 14
2 Sinclair Consel.... 34 94
8 Sinclair Oil pf 98 94
.. Skelly Oil Ce...... 104
0 Southern Pacific... P414
.. Southern Rail 27 54
.. Southern Rail pf... f4
.. Splcer Mfg 20 54
4 Standard Oil of Cal116!2
4 Stand Oil of Cats 10. 11514
5 Standard Oil of N J16614
7 Stand Oil of N J pflHyj
3 Sterling Products... 5314
3 Stewart Warner Spd 48 54
4 Strembere Carb.... 58
10 Studebaker 1j3'
.. Sub Beat Cerp 6 54
.. Superior OH 7
.. Sweets Ce of Amer 354
. , Temt Cern ft F "A" I
3 Texan Ce '954
4 Texas Gulf & Sulph 51 54
.. Texas & Pacific.... 32
1 Texas ft Pae C O 64
C Tobacco rreducts.. 894
. . Tobacco Pred A . . . . 67
7 Tobacco Pred pf....109
. . Tel St L ft W pf. . 55
.. Transcontinental Oil 15 94
6 Union Bag & Paper "7
.. Utilen OH 19
10 Union Pacific 15154
7 Union Tank Car pf113
2 United Alley Steel.. 37 94
5 Vnited Cigar Steresl65
.. United Drug f 314
3 '4 I'nltcd Drug 1st pf. . 49 54
g United Fruit 153
.. Unit Rwy Invest pf 32
.. United Retail Stores 15 94
. . U 8 C I P & Fdy ... 33 94
6 U S C I P ft Ipdy Pt 72
. . U H Feed Products 6 94
'. . U S Ind Alcohol... (7
..US Realty & Imp.. 8214
, U S Real &. 1m S 30 62
U S Rubber t694
8 U S Rubber 1st pf1C4
. . US Smelt & Ref. . . 43
6 U S Steel K514
7 U S Steel pf 121 94
2 Utah Copper 71
, Utah Securities.... 1954
.. Vanadium Cerp.... !-2
. Va-Car Chemical... 29
6 Va Iren C 4 C pf . 82
.. Vivudeu inc 1294
.. Wabash 1274
,. Wabash pf A 33 94
7 Western Elec pf... 10974
.. Western Maryland. 15 54
, . W Maryland 2d pf 23 54
.. Western Pacific... 19 74
0 Western I'acinc pf . . 4
7 Western Union Tel. 11974
94
54
54
54
54
2 54
94
v
u
154
54
54
1
94
14
314
14
54
154
94
54
54
Vz
1
00
4954
153
32
83
33 54
72
94
(5H
81
81
1C3
43
1C4?B
121
70J4
19 54
29
82
1294
14 94
3314
109 94
1494
2274
19 74
63 94
117 J4
100
100
8203
530
200
500
4600
600
300
8
5-4
74
54
194
Ii
!i
154
54
94
4330
800
100
1350 J
400
2433
100
1700
100
100
3JJ
330
530
1100
6200
1000
100
430
830
600
26)0
930
400
3500
1030
1100
600
700
700
100
100
300
54
14
54
1
94 (
54
!
54
5i
Westlngheuse A BrlOl 14
WdsHhc E ft M.... t4 54
100
Sl01Kz
Wheeling ft L E.... 14 54
Wheeling ft L E pf 26
White Eagle Oil.... 30
White Moter 50
White Oil Cerp 8 54
Willy overland 7 74
Willys Overland pf. '5
WlUen ft Ce 40 94
Wisconsin Central.. 31
Wenh lumn ft M.. 44
14
6
18 54
4t 54
OS's
V94
44
31
44
1014
2 94
54
ii
54
94
194
4
i Wright Aero....... IO94
3 9i
Kx-dlvldend. t Kvrlshts,
BAR 8ILVER
Demestic bar silver was. unchanged In
New Yerk today at OD'.ie per fine ounces
ferels-n, OOTsc. off (it. In Londen the price
wua isd lewer, at aSUd,
Allentown Girl
Allcnteun, Pa., Hcpt. 8. Thcrenn
Unger, flve year old, is 111 the Hatred
Heart Hesnltal in a critical condttteu
Leh the rrsitlt of btirni.i
pluyinx witu matceei.
CONTINUED ACM
DEMAND FOR P.R. I
Net
Ch.
54
1
H
94
5
'1714
Apart Frem 4-Pelnt Jump
Brill, General Price Move
merit Was Colerles9
In
6374 W
54
1
474
"94
54
Continued ticllrc trndinjc In l R. T.
supplied tlie principal development of
the operations In today's local mnrket
although dealings In the general lint
were of n broader tcope thnn for fonie
Utile lime. With the exception of the
4-pelnt bulge In Brill, price variations variations
were narrow nnd net enanges unlinpert
ent. . ,
54
94
154
154
54
54
14
54
54
t.4
A inlriy goeti-Hizcti turnover was
innde in 1. It. T. advancing the quoin quein
tlnnn In the enrlv trndlnc te :i.1. Med
erate prellt-tnking subsequently brought
n reaction at tftf. At tetiuy h price
the stock wn approximately 4 points
above recent low mark nnd was within
1 points of the high mark of the year.
The underlying Issues continued te gain
ground slowly, with Union Traction
reaching -12, 8 points from the low of
the year, nnd within a point of the
top.
Jjlttlc change ivns made In either the
Philadelphia Electric or U. O. I. In
dues. The Philadelphia Company is
suck remnlned ntendy en light trans
actions. I.nke Superior still had strong
support, reaching 8Vd against 7's
touched lent week after the publication
of the nnntinl report. The se-called
cealer stocks held firm pending the rat
ification of the strike settlement hy the
miners' convention. Pcnnpylvnnln
Hnilrend ran off n fraction te 40. Lit
tle was dene in American Stores, but
the stock wns Mill strongly pegged at
148.
40
19
133 3
1814
193 , 3
54
2014
1714
94-
914
91
94
'.3
59 54-1
94
14
96
54
54
1
73
2294 ..
14(4- '
1 14 - 54
125 11
16 4
58 94 -4 ii
294- 54
6294 ii
110 14
Philadelphia Stocks
54
74
2 54
74
94
54
H
iiiit
P. M.
2."i
148
Net
chse.
lllnh Iw
30 Alii Insur. 25 23
45 Am Sirs.. 148 148
98 54
84 94
3714
33
2614 .
12414
95
46 14
2614
3
23 94
1114
4094
4 -04
5894
8174
7814
694
4694 94
22
3814
4474 5414
714
44
42
71 -99
74
40
2174
U0tAmTcl& .,
Tel . . . .lSl'Js l-:tla J-.,!s-f ",
440 Brill .T O. J53 50
ti- -r"
0 Comb Iren 41
41
41
it
74
'
54
94
ii
54
'in
54
1
IVi
154
94
54
120 Elec Ster. 48
0 Erie Light
prcf.... 20
nOtOcn Mtrs 14 y.
80 Kentucky
Sccttr . . 17 M;
150 de pref.. 00
180 T.nkc Sup. S'j
10 Ieh Nn v.. 78
100 Lch Vnl.. 70
42.! Pcnnn 11 it 40ri4
SOPhilnCepf 3:1
1)0 de cum pf 4'
27(1 Phlln Elec .11Ti
48
48
- Vi
211
14!
KlVi
00
8 is
7S
70
40Vi
4ItVj
20 ..
14Vj M
17j..
00 ..
H Vt,
78 ..
70 1
4ttii- Vl
43 Vi. .
.u-;i
UV-U Va
35 de prcf.. 'AVM 31'Ji 'M Va
1002 Plilla It T 33 33 33..
it
lOOTone Helm Urt l
30 ITnlenTrau 42 41 4
94
94
'"h
194
14
Je V ti I.... tn'i " ",
20 de pref.. 55 55 55
t.N'et chanR-e rrude by i.omp.irlsen with last
gal en Nw Yerk block Exchange.
JKx rights.
rillUXDKU'IUA IIO.VDS
500 Liberty 3'jh '47 100.00
25000 Liberty 2d 4Uh '42 100.30
1000 Liberty 4th 44h '38. ...100.00
300 Amer Gins & Electric 5s. 00
1000 Hell Telephone 7s 108
1000 Keystone Tele 1st 5s 80
2000 Lake Superior inc 5s. . . . 35
1000 Lehigh Valley Ceal 5s... 100M
3100 l'hlla Electric lBt 5h. . . . 100
............. 1 4 J t
94
9514 294
f9 2
48 -
95 -126
54
4994
3314
118J4
36 -
1694
80 94
52 54
53 94
4014-
32 54-7114-2714
5474
58 94
30 94
33 94
51 14
3
1374-
374
90 54
96 54
34
98 94
1014
94 54 4
27 9i
64
20J4
115
11554
185 54
117 54
54
57
133H
6J4
7
3 -
194
"894
51
32 -2614
58
8674
109
55
15
76 54
19
15094
113
COTTON MARKET
New Yerk. Sept. .8 First prices in
cotton futures were 5 te 8 points lower,
but tlie market wns steady at the de
cline. Easier cables, with selling by
New Orleans, the Seuth and Liver
pool, caused the recessions. The buy
ing was mostly by yesterday's leading
sellers and Wall Street. Later, there
wns buying by the trade nnd also local
covering.
Prsv.Clese Orsn 1 P.M.
14
14
94
' 94
94
54
94
54
14
174
54
54
54
Octetwr . ,
December
.tunuarv .
1M.U0 20.05 21. Id
. 21.,JSSf2B 21.17
. 21.11 M18 21.07
. 21.21QI23 21,14
. 21 17W2U 21.12
O.OO
21.50
21. SS
21.31
Murch . . .
my
Julv ..
Offered
GRAIN MARKET
Chicago. Sept. 8. The wheat market
ndvunced V2C te ftc ut the opening nnd
ruled quiet and steady with small re
actions from the initial tigures. The
Liverpool cables were 3id te 3Vid
higher, which was better than expected.
There wiih only n slew demand, us the
trade was disposed te await the pub
lication of the Government report.
Expert interest was small and the
demand nt present is largely for Cana
dian, which some authorities believe will
result In the lowering of vulucs from
American.
Cern was c lower te Vc higher at
the start, and becmed te lack buying
power. The Government crop figures
were expected te be smaller, but may
have been discounted, nnd country of
fers were larger en the recent advance.
Oats advaned c te c nnd were
firm with n fnlr demand nnd small
offers.
Previsions were quiet nnd steady
with narrow price changes. Hogs open
94
154
"l4
1
94
154
l
ed tirm
1
I'.AI
it;S
,ist
01,
1 nn,
1 08 (I
as
38i
14
14
194
1
Open
altt 014
1 ncmsn.efi's
1.02401 03
1.08 fll.OSti
37 94
4
165 4-25
tuj-a -r
4914
153
32
B3U-
33 W
72 t-
"
6 Yi
81 -
ez
!$
103 -43
3 54
54
54
54
54
54
54
54
1H
54
154
'li
.15
3B
as IS
3St &
70
-'
0 3.1
NEW YORK COFFEE MARKET
New Yerlt, Sept. 8. Reports that
the balnnrc of the heldlntts of the Urn
zl (levcrnment ceffee In New Yerk
hnve been dlBpescd of Bccms te have
brought about 11 partial return of ron ren
fidenee in the eeffet ftittircH market at
the Ntart this niernlnB. There was a
fair coinnilfcwien-hoiifec demand in evi
tleiifc, lli-Ht price- being 4 te 7 points
blither. , . , ,
Ateund neon initial nainH were being
fully maintained UieukIi trading mik
iiuli't. The movement of Hpet eeffte con
tinues te Improve and Kurepeun re
ports arc mere ent'euraRiiiR. Recent
advances In this market may hae re
flected a tendency toward n readjust
ment of values, as this market had ruled
104 '4
121
70
1954 .
bla
29 -02
-1
12
12J4
33 Jj
109ft -1
1514
2314
19ft
64
110-
54
ft
' 54
H
114
1
Hi
2 5i
ii
H
li
1
"54
2ft
154
1
far below replacement costs.
Yest. clee
1414
14J4
:c
ie?4
50
0 54
7t
5 -4
10H
Open
li In
11 r.O
d.ii'iwTn
KeMlcmlipr
VAUip'eO
November
December ....
March
May
Julv
Hid. tOffeied.
fi.fW
0 0.1
ll.ilil
U.05
I) 7207a
11 iiurj
t
Reserve Banks' Discount Rates
Official rediscount ratra lit lh twelve Kcd.
cral Iteserva llankH are aa follews:
Treas. I.lb.
trs,
4
4
llnsleu
Nuw Verk . .
1'hllade.phlii .
I'lefland .. .
Itlchmnnd
Atlanta . .
t'hli'ane .....
Hi. Uiuls , .
Minneapolis ,,
Kunsaa Cliy .
Dallas . . .
Han Kranclsie
.4'
4
41
Hi
IS
Burned
Tlura is l'lfty liellnrs in It for nlmbla
wis. .,oek for the humorous sketch, with
ai.irr.ated charftctersi "put the word, n their
rneutha"! you may wla one or tbi thlrtean
nrlfes offered each "week for the best
l"a.8liablt-4V!,. mue LM "Ma".
TkiULd wub
'Previous
C'lOb)
Cern
Sept IIS
Dec M
Slav . . . . 01
Wheat
Sept 1 nn'i
Dec 1.02;
May .... 1 m't
Outs
Sept. .. . ;
Dec 8S1
.Vay . .. 3Ht
ItJC
Sept
Drc
Mnv
Iird
Jun
Cem' I llkrM V
bends, rates accept,
4 J i
i w ih ivf
i Va 1& i
t V 114
I if I."
iy 4w W .
f' V4 4(5
1 A r-
lit T. 1
t3SWSrMS&S!JSSM!SMBJEM3R
Seaboard Air Line
equipment trust
6 certificates
1
Philadelphia Plan
Maturing February I at
1926
3,000
1,000
7,000
40,000
17,000
40,000
20,000
30,000
23,000
20,000
1 1,000
36,000
36,000
30,000
13,000
16,000
23,000
28,000
25,000
10,000
1928
1929
1930
1931
1932
1933
1934
1935v
1936
Government Plan
1,000
14,000
23,000.
3,000
20,000
26,000
14,000
Price en Application
STROUD & COMPANY
Incorporated
PHILADELPHIA NEW YORK
IjEfgrgrggrgrgrgrgrgrgrgrgr
)
assssasMSssssssssssssssssssssssMsassasMSMsaMssssa ,
High-Grade Investments
We always carry a large list of High-Grade
Investment Securities and will be pleased te
furnish descriptive circulars en request.
)
rownBretluers
J
&C0.
T.
0
FOURTH & CHESTNUT STREETS
New Yerk PHILADELPHIA Bosten
0
BROWN, SHIPLEY & COMPANY, Londen
m-mmmru
iiaiiiiyiiiyiffitiiirffiiffliaiijiaiiiiitiiraiffliiiniiiiiciiti'jffliaisiimnsirffl
W SiRl i-
'.jyj wMn -1
KJ - a f
INVESTMENTS
OF
PROVEN MERIT,
BATTLES & CO.
Established 1890
Independence Square (East), Philadelphia
61.1
jiiJitisiiiiniiimiiiwinrjffiniiiiiiniHraramiimiiiirHOTiniiiiriMniiijnm
JIIIIIIMUIIIUIIIIIIIIIIIMIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIU
RAILROAD STOCK DIGEST
We have just completed an analysis of the railroad stock
list with a view of aidinrr our clients in their selection of
the best railroad shares. Copies of this analysis are
available for public distribution and will be .lent upon
lequcst.
West & Ce.
1511 Walnut Street
Philadelphia
Member
New.tiirk Hleck I'icliunse
I'lilliidrlplilu Merk liVilunre
il mttlltltlllllllllllllllll IIIIMIllllttlllltllllllllllllllllllltlllltllllllJ IMttltlMJi?
In Continuous Business
SOteaW
MOVER r CO.
MXM SaUMUM tutu lltffil
Bankers & Brokers
301 Chentnnt Rtreet
Main
AND COMPANY
CKKTIFIKI) IHJIIMC AriOl'NTAXTH
Finance DIdg., PhiU.
Lee, Higginson & Ce.
EstablUhtsl 141
S8T?iSLE.39,c-t...5!?'CAqe
Nw
Utnnrt
.w "wvi " "UMQcipnu
:
'-ft
Maturing Aueu.i 1.. SI
1926 fj
1927 'J
1928
1929
I
1931
1932
1933
1934
1935
tf
eV.
n
m
1936
Maturing January lit
1925
1926
1927
1928
1932
1933
1934
MIS
36 Wall Street
New Yerk
HV
We wish le buy
Macen Terminal
1st 5s, 1965 .
Atlantic & Yadkin
1st 4s, 1949 '
Atlantic & Danville
1st 4s, 1948
P P Rutins & CO.
m '' ,.
Wid.a.r BuildiDf, rWWiWJWll
Stock Jrxchai j-jmI
turei, 130 IDs
,r.