P'fPPIPWFS
JL
T77 a istf'V iirur
AVAILABLE
tt hs D
Dawes Idea ft co-erdlna-
I tceiwmifii . vxivnairw
I
tment sxpenene an
i.mer,siratea
Ability, ana win aces
in... -" mitf wim cennnv
tffi "character ind substantial etandlntv
lh '".,. I.KfMBK OmCK
"tlALK COAL COMPANX
Nlnktnt rand Nettee
&!!!? VXTSuWSA ST
'l,K.SfiA Interest
W KIDELITY THOBT COMPANY
Bubttttuted Trusts
WM. 'P, OKST. President.
... ... 'i.-.u.J e ini9
.n.j.nh I. r,.irnu-ii . ..-.
te TIIH 110I.DKKS OK .
THE AUTOCAR, fOHFANX
V Cenwrtlbla Geld Danda
KaullaWa Truat Company e
.TE .WIiim under The Auteca
PH i
'.vii.hi Trust Company of New
it Trustee undar, Tne Autecar Com Com
eort. ..'.;'?:..-... rfnlMt Mav 1. 1059.
' Bffby lv notice that It will Purcnaae
K&. ; el the above Issue for the Slnkln
N W .?'. .nM Mertrare te an amount
i HKi.i .. nearly aa mar h te exhauat
SrEnnlM held . in aa d 8 nkln Pund en
Biiembrr 15, IBM.
aIi nnnui
J" i. Ih. hnMn
t
ihtch efftra ahull, however. In
Fn'S?. I - .n nnrt of the t
eaai
caae.
e benne ae
K
I
&ii Ne Imnda will be accepted at a price
aiKdlnir principal ana a premium or eeven
!S SieMlf per cent. d'A) thereof, and
am
I.PJV V"..r..i in lh rfl. of riurchaM.
e date or
.rrrucu ivi"i -rtr.i in nh Tfiii
frru
)ff(ra
bendi. the effera. of .which are ae-
mntid mint be aurrenuereii te tne Trustee
for redemption ami cancellation net later
for
lEQUffin COMPANY
By I.YMAN RIIOADCS. Vlce-Preeldent.
in BcriPiinL'T . w. --,
Bitrd New Yerk.
N. Y.. September 1. 1022.
THE AMKBICAN PIPE SIANUKAC
TUKIXO COMPANY 6 COLI.AT
nnAI. TRUST CKHTiriCATEH,
BERIKS "A," DUB O0TOP.KB 1, J027
Notlce la hereby ulven that purauant (e
terma of the truat agreement, dated
b terma
October l
1(107.
DU.uut ex uie aDeie car
ie.at. numDereu
aA below, have been
l...Hn rni reiiemntlnn
at !02 and accrued
bitrt. R" of October I. 11)22. out of moneys
Kin pavable te Slnklna; Vund. vli.i
IT 112 21.1 302 400 502 004 72a 809
4" 120 230 320 421 B2T 020 7.13 820
tO 111.1 2KI1 342 44r, Q43 041 7411 812
M 170 2T4 305 407 BOO CM 77.1 80.1
0 193 280 380 400 088 07.1 701 tiV
Forty-five certificate for 11000 each.
D04 044 11X10 1022 1007
000 083 1008 10.14 1075
Ten certificate 'for 1300 each.
The abrne certificate, with all unmatured
coupons attached, aheuld.be nreaented for
tmrment at the office of Iho Truatee en or
after October 1. 1022. wtien all Interest there
en will reaee.
The following bends remain unpaid: called
J Or October 1, 1018. 1053, for SSOO: October
.1021. 300. for S1000.
OIRAnn TRUST COMPANY, Truatee
THOMAS S. HOPKINS. Treasurer.
Philadelphia. Pa. Heptemhrr 7. 1022.
rropeanla
THE PITTSBURG, CINCINNATI,
CHICAGO & ST. LOUIS RAIL.
ROAD COMPANY
TREASURY DEPARTMENT.
rutiburitli. Pa., atptember 1. 1022.
Consolidated Mortgage Bend
OF
The Pittsburg, Cincinnati, Chicago
& St. Leuis Railway Ce.
te in axKrcgate coat of fl.lRS.USO.ill will be
iurchareil tur the Hlnklna Fund. Uiteber 2.
C'. at fie agency of this Company. The
armers' Lean and Truat Company, New
erk City, under the following crovlslen
af Uie mertsaces ,
"Sealed proposals for the sale
of aalU bend will be received
nt the auency of the said Hull-
v.ay Company In tne City of
New Yerk, and bends offered
at the Ien eat prlie. but net
exceeding par. will be accepted
I and paid for. Should benda of
dlfterent holders be offered at
tre same price, the number of
benda be purchased shall be en
a pre rata basis, aa neat aa
practicable. In proportion" te ttie
whele number of benda offered."
Tne word "price" aa used In the merttraca
la construed te mean the coat te the Sinking
Fund, beliii: tut principal price plus arcrued
inieresi iu ucieDer u, unieaa tne bonus aie
offered "Hat." l3endav of series "A" and
"11" are purchased for the Slnklnc Fund
with one day's accrued Interest, ex. ttie
October 1st coupon.
.Proposals te sell bends te the Sinking
fund must be In the hands of the Farmers
tain and Truat Company before cjeae
ef business, three n'clfick P. 51.. Friday,
fteptrmbrr 20. 1022, and must state the
tries letter of the bends iffercd. llnnds
accented must be delivered en October 2d or
tcurlty furnished Unit dav. if required, that
eelhery will he mide within ten days.
T. H. B. McKNIGHT, Treasurer.
r.
THE
TOLEDO. COLUMBUS &
OHIO RIVER RAILROAD
COMPANY
OFFICII OF TUB TRKAHrRKR
Plttsburch. Pa , September 1. 1022.
First Mortgage Bends
OP Tin:
Teledo, Walhonding Valley &. Ohie
Railroad Company
te an axirenate con of Lift. Union win be
turchaBed for the Sinking; Fund, October 2.
1022. from the leent bidders, at a price
ret te exceed par nnd Interest,
Sealed prnpeasle te seli benda must be In
tre hands nf Hie Partners' I.enn and Tiust
.empany. New Yerk CJtv, before close of
business, neon, Saturday. September 30, 1022,
ind mu.t stnte the series lettei of the bends
elfered Ponds nccepted must be delivered en
October 2d or aerunty furnished that dsy.
If required, that delivery will be made with
in ten davs.
T. H. B. McKNIGHT, Treasurer:
SKAIJ'.I)
PROPOSALS'
Will.
IIP. RE.
celveil and ntihll, lv miene.l l.i. ih, Til-.i..n.
et the U. H. Veterans' Durcnu In the enire
91 Ijiy guarterinnater (lenerul. Itnem 2308
Kuniuenn uuiininii. vv nsnini?ien.
n. r nt
i n. .it,, rtcpicmner &
(tructlen of Veterans'
lOJ2. fnr the rAn.
Uureau Hospital at
.lurinnmpinn. .iinsa. vverK Includes con.
siructien or nonts-feur (24) buildings, built
f re-enforced concrete nnd brick, complete
m.(ri. nw,er' ,wa,,'.r .and "BhtlnsT systems,
reads and walks (foetlnt-n for nine bulldlnES
-ew under contract) P ana and apeclflca apeclflca
tlens may be obtained, after Ausrust 13th.
gpen deposit of, $ioe from the eftlce of the
nulldlnr Wnbhlnstdn. 1)7 c. or from the
efflce of the f'enstrucllnir Quartcrmaaler.
tehnn.tr..'" Ce'""''lrt? ulldlnr. NorthHmn NerthHmn
B.."nii en exhibition nt the following
S Whii.OTic8tiSen,,r.ucUnS Quartermaster.
5." !Th ''Dall tlldic.. New Yerk City: rufl.e
j-ensirucune Dunrtermaster. Armv Hunnlir
',ml,,?,!ion' Saaa.: OIlce Quartermaster
Lupp y Offlccr Chlcaae. Ill Int.Vmi.ii.Tl
irVnH,Br" Pf"h'rA ?A ChlcareT
Fcett Mel-J.-irellevYlle'. Til."8 """."maater.
nirldends
tOMPiV-1HAU lf"MAB UATTUHY
.OMl'AN, AllcEheiir uve. tt )0ih st.
Th. .. . .. "'Ha.i, Sept. 0th. 1022.
m?.i. .iI'c,er". have declared, a dlvldend of
Accurn'M.i't1,"" l-1&) ' allure from the
tZi. u'nula'0'l Surpms of the Company en the
'IL .'Pre "'et without nemlnSl or" pa?
v.iu2 lhVi, pJ.f.r,,.', au!k et ,-5'un
iin.i,h iLu'' P.nJable October 2d, 1U2. te
t "f btmkV.' ft."?0"1 J P0"1 et tnc" tl"'"
I br 13th ii.,.,he c!?'.8 i huslnesa en Septem-
tseerna ' .frii'hT!1 ,0 tbn.' wh0 subsequently
-MAl.Tltn O. HnNniCnsON. Treasurer.
cnnivivaniB Paiii.. t. iti n
Cewuintive PrtrrA atn.t, i-.ij .t
Ptfl
II recerii ., .k"",9 Preferred stockholders
r 15, 1022. cl"e et bul"e Septem-
jfr ; " M. WALTER Treq.urer
t)lrcVteV.KK7JJ'1, 0P-Tili: HOARD OF
Jlffi fnd TrSl. X10 ContlnentuI.Equltnble
. le"" . .,.lC1n"'.,,l"'i M fieetember
" rtrtf ?i,ar,.;rLy dividend of four per
JjatergJJVU'gUOHNBr. Treasurer.
MtlCAN
WAV?3. dMX COMPANY
ei,..!U0"Jwa.
en
I ll.. ii .ilUKU ll(
m.n.t (:Pmnny hai
ne Ainer
ewer
Payment n.?!"""" "" been declared fei
fi5ffl?!nt Orlelltr 2. 1022. te Di-afei-r.il Jln.L
for
6HmUr 15'C1022at t,,B Cl0' et tu"lnMS
A. C. RAY. Treasurer.
Annna) Meellnsa
fir? MRKTIN'd OP TIIK
m km mats
tIrrh P,VlnL'i,"il,"i Ur .Mlaalen'irf nnd
H Idlna- nn mIJS"1 "'-.nem at tie Wiiev
Vi act'len nn".' . P'Ol'rnber IHth. te
an iJa'S".,.0" In, revision of the Cnnatllu.
!
lien
it KB neif tin"' B" ,0 rxecuJe Mnrtaaite
M- K. "Phiiirt, S IP"'" '..Bt, Phillips
"ts. phiii;- "
K. corner, V and T iota
i
H. MACK. Secretary.
Nn.el.1 lir..ina
P5VUAJ'T- T0 RKSOLUTION OF
;i
r.: v
P .' inMAWniAli
;
f
c. " y Sited April 2. 1017. invites, proposals
r IJnfi,e sals te the ilOr!iilet sulne lent
fc "S'im V!rt" MertirM 0 Oela Depds of the
5. IJ rVv.ii Company te eshauat ttta sum of
W Vfh&ua proposals te bt addreeeec) te th
S ll&.'tee at " eBlc. W 82S-J81 Chestnut
i? I,ttVSladlPhla.a te opened and acted
ft .in -Thursday, Heptember ,14. JIM, at la
if l,K.Sf,'.A Interest will b aecapteil. .
rv
ana invitea esaicq entrg
II 8tret. New .Yerk City, before audi
Jkfh dr of September. 1022. for the sale of
i tnnraer raoeetleir.
ahr"andiar 1"SrrT? "dividend" of one
PennsJlvV,niUia.,'ve Preferred stock of the
been i d.ell i1 ?w,r L'Bnt Company has
ieS ulared for payment en Orlnhrr 2.
' ren th.. ru ei uircctera, nonce u iiereny
1 Ke.4?rJ r,ftth.fci.almf?'P,?' f9 J,oclt J,eclt
r May wiPi li.u 1 .pl ,,',U Mrewlns: fem
' anr a . h Si1 Aa nmees of th, Cem.
the8iriJStTpen. Lr'' JSilladalrihia.
WMLAi rJepfember, lXt. at
0 PRICED ISSUES
FAVORITES ON CURB
Schulte Cigar Stores Touches'
New TepGulf Oil Erratic.
Cimbel Bres. Off
New Yerk, Sent. 8. Renewed
strength wns shown en the Curb after
the opening thin morning, with fur
ther dlinrp upturns In many of the
hljrh-prfced Issues. SchtiUe Cigar
,1 I'"" a8n,n one of the features
with a further upturn of 0 points, te
we, n new high, later reacting n point
en realizing. Durnnt issues moved up
"Ugstnntlnliy onifelrly active trading.
Htandard Oil of Indiana advanced 2
points; New Yerk 2; Imperial Oil of
Canada I'; Kentucky Vt. and Inter Inter
nntlenal lVtrecum n sharp fraction.
Ulmbcl Urethcrs shaded off fraction
ally. INDUSTRIALS
1nn . -, . Hlh IXJW P.M.
i zee Acme Ceal se- ik en
,nJS Acme Paeklnn ... 3Se
5S2Amal .Leathe? ... oft
400 Atlantic Fruit ... 2
1200Iluddy Buda ,..",. J JC
"Onhlcaae Nipple iff
,Je Cleveland Aute .. seli
""O Columbia Emer .. 0Sc
iSnSem. lvnts "V 4ni
l?nr,enlcy Tin Feil.. 13'
7J2Cent .Meters ....
BOO Daniel Met litE
OOOIlubller C ft R . 7(J
222nurnt Ml 4SH
OOODurant Met of Ind 10
200q;mlel Ilres 4SH
leOOImbel Pres pf .,102
30fj girn Alden Ceal . , 0i
300 Oeldwyn Pie ... 04
200 Hudsen Man 12
J Inter Carben .... iHi
loe Aluminum pr ...,ioe
SflOOeth Hteel pf ... OS U
800 Car Lltht Pf 6S
, !22 Si"5riye K Mr .. OS
1f22 5s ft i
100 C A O pf 0Mt
10OIe.hlh Power ... 17
ine Llbby McNeill new 7'4
JO" Lincoln Meters A. 24
lOOMeaabl Iren 12
..,.5Hw,J"'elr zlne 1R4H
12r.N Y Tel nf 100
300 Packard Moter ... 14t?
100 Packard Met pf .. 01
'00 Pt.rl Atoters . . BHH
000 PhlllD Merrl 10
.2S5Eu.i K"v N J pf.-ion
3800 Prima Radie l,V
700 Radie com 4H
700nadle pf si
e?225'J Me,or Truck . 13i
J00O Hchulte Stores . . 05
1000 fieuthsrn C A I . . 42c
3 gt Lawr Feldsfar 10'4
20 flwlft & Ce 104
300 Technical Pred ... fj'i
SOOTenn HI Power . 14U
200 Tobacco Pred ... 7
Vil T.lm.k'n n" Hear. 30'4
ml!
.8',
.,iy"'I""n "et wanay. Hit
1.V10 Wayne Ceal
4
en inland steel , ,
300 Alacy Ce
300 Macy Ce nf . , ,
300 Mllllken Tract
. D314
.1071?
ine National Ice e
10 Ner 8t Power pf ., UHt4
100 N Y Air Hr rts... 2
200 N Y Air Hr pf ... 50
HTANDARD OILS
300 Anle-Am Oil .... 20',i
20 Oalena Hlnnul .... (18
20',
37
20 ;
37
ei.. imp un Canada .i.ll.Tj lis H"
in aeuth p l J. or, os os
24D0 Stand Oil Ky . . T.107'i 10t4 10I1V4
21700 Slfttid Oil Ind .. 7 110 117?!
20 Stand Oil N Y ...153 453 4M
112
433
470
20 Vacuum O.I
.,471
470
INDEPENDENT OILS
1O0 Alcan
i;
14c
, 78c
nit
103
2V4
lHc
14'
inA
1A
17c
22;
r.4-
7000 lloene Oil
800 Ilosten Wyoming-
200 Carlb fljn
120 Cities Hervlce . .
000 Cent Rcf
15000 Unirlneers Pet .
10O Kqulty Pete pf ,
1000 Federal Oil
loon Fenaland
lOIIOUtcnrcclc Oil ...
POOD Hudsen Oil .. ,.
2.1U0 Int Petrel . .
iOOfl Keyatene Ranger
100 Klrby Pete .. ..
OS
30 Gulf Oil 373
10 Maanella I'.it it
(uu i,ivins;sien i'i-i
lOOMnracalbe Oil ...
4U0 Merrltt Oil
3200 Mutual Ref
700 N Y Oil
800 New Kniland Fuel.
1000 Neblo Oil
2100 Omar Oil
400 Petineck Oil . . . .
100 Pcnn Jlex
400 Salt Creek Pred...
nOO Shell Union w I..
if:
si :
0
10H
22
I1A
78
10c
IS
7
28i
iVs
18
zmeu mmms l'et
.Ann u....u l. ,-.... t-i. bip
100 Spencer Pet 21
471)0 Texan O & I. 03c
lOOTurman lit
200 Wilcox Oil 34
1000 Y O.I 13c
10110 Alar-Dr Cel 3
2000 Uelchir Ext 0c
00(i Ilia; Ledxe ... 10c
8000 Bosten . Ment ... 14c
(1800 Iloiten Ment Cens. S8c
10(10 Canada t'ep 4c
700 Canalre Cooper .. 2
11000 Candelarta M 43c
38000 C'ertez Silver ... 1
1000 Dlvlde Kxt . . . 14c
200 Doleres Hsperanza. 2'i
8000 El Salvader 13c
3000 rcmnvi Sliver 2c
00U0 Kuieka Croesus . . 27c
10000 Fertuna 14n
2.1000 Oeld Dev Stc
4000 Oeldfleld Florence. 21
2000 Geld one Se
1300 Hill Tep Nev . 1 00
000 Helllnier 13't
2000 Independ Iad . . . 37e
1000 Cerk Province . . . 20e
3000 l)cnn Cens . .. .48c
1000 Oeld niue Hell..,. 8c
3000 Hinrletta Silver ,. 07c
1000 dim llutler c
20O .Minna Csp 82W
3000 Nat Tin 20e
7000 Nevada Ophlr .... 22c
1000 New Dem 8Vi
100 Nlplaslne ,"H
1000 Ohie Copper 18c
1000 Pitts Mount 27c
20OO llay Hercules .... 2'i
1000 Rex Cens 10e
1000 Rochester Silver. . . 17e
7000 Red Hills e
2000 Sll M of Amer... 14e
1000 Stewart Mln 7e
8000 sunoratltlen . . . 7e
OflOO Teck HuBhea .... 80c
SOOToneoah Divide 80c
100 Trinity Cep .. l'
(100 Tueiumnn 71c
200 United Kaatern . 1J4
1100 West End Cen . 1H
HONDS
3000 Allied Pack 8s ..01
21O0O Am l.lirht T Ua .10SJ4 1
BOOOAm Tel 0s. '24..101S 1
1000 Anaconda 7a. '20.103 1
1000 Anle-Am Oil TUa.lOBJf 1
lOOOAimeur 4 C.7S' ,l2JJ
1000 At Oulf ft W I Be. B8W
(lOOOWeth Steel 7a, 2.I.10JJ, 1
4O0OUeth Steel 7s, '80.108W 1
D00O illilyn Un Oas Us. JIB 1
0000 Cent Steel Be .JPS
4000 Cens Uas Halt Us.lOJTi 1
18000 Cem Power da . . JJO
2000 East Cub Sus 7Vss,100',i 1
S;.n,. tfnir n n iia.ten l
eali
108
101 J4
1037t
108-t
104
S8
107.
103V4
11(1
10114;
102's
00
100'i
1UO
103',,
lOTVs
lull
3000 Goedrich Tire 7s,.103.4
8000 Or Trunk OW a . . . 107
iOOOGray A Davis 7s.. 100
1071
100
yeuu neO(i nuur '""xi7?
S!r
101H
XOOO Humble Oil 7s . .lpOVi 100
1000 Inter BTh ....) 05
7s . ,100V 100V4 loeVs
ve
100
102K
104
118H
100
101W
08
BOOOKInts Ce Lt OHs.lOOW 100
O00O I.aclede uaa (S ,.JU24 i"i'"
1000 LtKOtt vv vv (s..iu
HOOOMuama Cep 7s J..118V4
10000 1) O Der Ce 7a,,,100
'lOOO Detroit Clt O 0...101H
5O0OONatl Acme 7V4S.. 0SJ
1O0OO Nat lather b . '
104
117
100
101 r4
07f,
00 a,
llll".
hU',4
102
ieili
lOJTt
100,14
leus
ieyt
10074
100
102
103H
101
OU74
1084
108
U4U
U)'i
00
110'
eoeowr . ' ".?.: C
300O P.llla 71ee ba
Ills'"
IU3
8000 Phillip Pet 70s ww.lOiH 102
3000 flears-Ree 7a. '23.10HI 101,
4000 Seuthvvcst Jl 7s. JSrwr Jl
i
ell 7
. '20.
ir.nn u M V V 7a. '20..10IIV4 1UII
8000 S O N Y 7s, '27,,10(IH lOHH
1000 S O N Y 7s, '30.. 1084
aoeus e n y 7s, 'ai.-jwi
310OO SONY 8V4JI.....10J
IOOOO Hwlft 4 Ce 7s 23.102
noeo swift ft Ce Ts.'ai.tess
2000 tin Oil Pred 8S...101
10O00 Vulvorlne 7s
4000 Vacuum Oil 7s...ip8's
2200O Weat Olee 7 ,10'$
0001) I It T 8a ctfa... . 04Vj
1000 Slees Sheffield Os. V0i
2000 U S Rubber Os,... OOVi
10874
100 U
100
102
103h
101
oev;
1084
JU
04H
00
1'0t4
l'OR
ION 1I0NDS
10(H) Can H S 7s.. ...
250IW KIliB Nether Os
nOOO Mex Gert 3s. ...
2O00O Jlex Oeit Os...
1O0O0 )ti of Peru Ss
200O Swiss Uevt Mis.
IOOOO U S Mex 4s....
85V4
0(1
US
05 i
0(1
0.V,,
Oil
11'4
BOM
11111
IM1 f
.100
10U
103
.105U
, 111
U leau
U 31li
31W
U. 8. Certificates and Treasury Notes
Maturlnc
Uate ,W4
Oct,, 1022 100
Dec, 1022. ...100
Dec 1022.... 1O0 17-32
Mch., 1023.,.. 100 0-32
June. 1023. ..100 1-10
Aakeil Yield
Te yield 3.23
Te yield H.83
Te vleld 8 8A
100 13-82 3.87
100 3-16 8.48
T'ftn June, jv.imm'v-'..
K Sept.', 1024.... 162 0.10
i.jl? h 11)".'. 1018-10
June. 1024.... 102 74
101 10-10 4,03
iu
2i 4,07
101 11.12 4.17
1 '' -"'. T.. --- - .a .m am I.. ...
4(4 Dae, J"-". "? ;r?s JXX At
..L ..u' tn".a 101 11. 16 100 27,
S2 100 11-18 4.18
12 4, IT
ill H.et. 10.8.... 100 6-82 1WB-8J 4.15
Exempt from Federal normal incerna tax.
tAcceptable, for payment of income tax due
n date of maturity,
:wvwssk
, a1 ' - . 'Mn.v ja,Ti . ' tr '. j-r 13 -, . .j -i? t. f " jjsCir,F Ttiit' m " 'rj a s
Reining' puSiiic iBMkimtemml frida''
COMPLETE NEW YORKBOND TRANSACTIONiS
P.anse since Date of Issue '
Ifl-rh
Dat.
Lew
102. BO
101.40
101.08
101.80
100.80
100.04
102.00
101.78
101.40
101.00
10O.8O
101.00
100,80
101, B0
101,02
100.08
100,00
Date
Mav 22,
'10
Sfl.OO
sb'.oe
.88.80
81.40
St. DO
00,00
84.0(1
84.00
81.40
88. no
83.60
82.41
82.44
28.00
04.70
04.08
June 2,
21
21
20
AUK,
July
July
July
July
July
Julv
July
July
July
July
July
July
July
May
Apr.
1. 'M
Julr 11.
28. '22
25, '22
24, '22
23, '22
14. '22
20, rt
24, '22
24. '22
23. '22
0 in.
28l '22
27. '22
28. '22
20, '22
8, '22
May
May
Mav
Mav
10. '20
20, '20
21. '20
4. '20
21. '20
HO. '20
SO. '20
28. '20
June
Mav
Julv
May
Dee.
Dee.
May
Mav.
May
May
May
se, -an
10.
l, '20
0, '20
0. 'SO
20,
20.
20. '23
21. '20
(RALUfl IN 110001
FOREIGN RONDH
Arsa Rep'c 7s
1.... 102H
1.... 102
8(flat) 102
1.... 10'.i
ft.... 102
I.... 102H
-3.... 102,4
1 (flat) 00V4
Klnrdem Ner
CO.,
00 V4
ooh
OO'i
06 T4
0044
OOH
Ofli
00
9041
07 r
way ct 8s
3.... 113
3.... 113
1,... 112,4
1..., 112U
2..
02..
87..
0.,
n..
30..
33.,
1.,
K Sweden Os
23,... 1034
ft.... 1034
0.... 103i
1.... 1054
12,... 108
Chinese Oeve't
H-K Rly r,s
1 r.sw
City of Rersen
8a rets
2,... 109
:..
Dutch K Ind's
rets '02
Paris-Lyens M
2
B
38
78
8
0sale)
03 H
90
98
OOH
00 Vt
OOH
Cs wl
City Uerd'x Re
3..
10..
0..
2.,
n..
1..
3..
7..
2..
764
707
7H
70S
704
70 H
704
70H
.70 H
70H
n 824
t 83
1 82 ;
Cty Chrls'n, 8s
1.... 108V4
1.... 100T4
City of Copen Cepen
hsxen 5V4s
1 03v.
2 03V4
3 03H
10.
OOtt
OOH
00 1;
oev
ooh
ooh
00H
OOH
08
ooh
nes
Ofli
OOH
t nn4
2...
B...
17...
8...
O
I'.'.',
7, , ,
C...
1...
24,.,
b!.!
10..,
t..,
8..
1..
0..
21.
Prarus 7H S
12 R3K
1 88H
8 83H
7(t.) B3U
City Mara's C.t
7.,... 824
1. ... 824
1 83
Cty of Monte
video 7s
Queensland As
S.... 103H
Queensland 7s
1 034
1.... Hl4
4 03
Cty ltle de Ja
perle ct Rs
0014
Republic Dell-
OOH
n4
90S
via 8s 'V.l
10 ORH
2 ORH
1 OOH
1 08H
r, ORH
2 08 H
1.... 100H
0.... 100H
Oeve't
rrench
8.... 101U
n 7Hs rets
'.'.... 10P4
2.... 101V4
1.... 101V4
8
OR.
10...
1...
a...
n...
1. .
OR"!
0R4
ORH
984
Rep CTille '20
Cty Sae Paule
2.... 10.U
1.... 102H
1. . IO2V4-
8s wl
1. ... OO'i
08 H
1... . 00l
1 00
17
084
PJep Chile '41
Cnve't F R Ra
1. .. 101
2.. , 1034
1.... 103;
City of Bels-
1014
sons 9s
2..
1..
S..
1..
r...
7..
1..
n..
1R.
1..
n..
101T4
1014
Rep Chile '40
1..
1..
1..
2..
1..
80
70T4
101
I.... 104H
1.... 10414
R Cuba Da '04
1. ... 03
70S
1014
70'i
70T4
1014
101.
1014
10li
iet;
Ttep'e of Uru
7 80
Cempnnla
guay 8s
8.... 10OH
S Perte n Sue
7s rets
2.... 102
Itnte Rie O'e
Du Sel 8s
1.... 10014
Kflat) 100'i,
Slate of Sae
Paule ct Rs
1.... 101
O(sale) 101
1.... 101U
Axucarea Ea-
10t(,
raaua 7a
n.... 10ft4
B.... 1004
101 i
Jap Oeve't 1st
1 044
Jap Geve't 2d
1.1 04
2 04 '
2 04
Jap Coven't 4s
20 R14
2 R1T4
2 81 V4
1R. .. Si Ti
3 82
10 ... Rl,'4
20... . 82
B R2U
10 82
1.. . R14
K ReliE'm 7Ar
2. . . . 10Bi
1.... 1B4
2.... 103
10(aale) 103
4.... 10",;
n.... ien'4
1,,.. lenu
1.... ion;
8.... 100
K Delglum R
2 ... 104 Ti
13 1044
1.... 104H
Klnitdem Den
mark Os wl
1 00.
1.. .. 094
Ktnxdem Den
Mark ct R
1.... 110H
1.. . 1104
I.... UO'i
O(anle) 110H
K of Nether
lands OS
C7echo-Slevak
Rep'c 8a wl
00
1
10-
n.
1
en
en
00
05
B..
08
Denmnrk Cen
ct A 8s
Swltz'd Cen 8s
2. .. 121
3.... 121
1.... 121
V K Ot tlrlt
ft I'd 1920
12.... 107;
10... 1074
u k at nrit
tt I'd 1037
1.... 103
2 103
U 8 Bra 7e wl
1 91H
0 01H
Un'd S Rrnzll
7Hs rets
U RS
1. .. lOOH
3(sale) inn',4
4.... 110
Dent Seine 7s
B... . OO'i
2. ... OOIJ
10.. .. tlOif,
1 oey.
n 00
D Canada '20
1.... 100H
1.... ien'4
D Canada '20
2 . . 102'i
23. . 1024
1 102'4
Di Can 5s of
32 wl
n...
1...
3...
R...
87 '4
RS
88
88
10..
2 .
n..
70
5.
4..
1..
00
00 ,
00"4
00t
V 8 Uracil Rs
1.... 101 H
13.... 101H
1... I01H
1.... 101H
0(sate)10lH
00 S
00
09',
0.
Dem Republle
ct 5'4s
7 no
1.
1.
si
1.
8.
1.
2
101H
.. 1011
.. 101i
. .. 1014
. .. 10l4
. . 101H
... 101H
. . ieiy.
Mrxlcn 3s
... 30
... BO
Dutch K Ind's
rets '47
1. .
OO'I
OC'i
00U
27..
15...
(10...
3..
1..
1..
2..
23..
14.
1.
95',
en
0.14
03 14
07
03 74
V S
2...
001,
01',
0.14
3
1
4 (flat) 904
DOMESTIC RONDS
Ajax Rub'r 8a
1... . 074
0 .. . (7
4 .. . 07
1. ... 98
2 08
2 . . S
Am'n Aitr'c ft
Chem 7Ha
2 103
2 .. 105
1.... 105
0. .. 1044
1 . . 1044
Ilkn KUI Ce 3
Chl t Nun sm
B... . OOH
5 91
Chl A N Wwn
5s of '87
4 ... 108U
Chicago Rail
ways Be
.1. ... R2H
1 82 74
2 82H
Chl Reck It
Paclfi fd
4 85
1 R44
1 . .. HO
Chile Cep'r (Is
7 04H
10 . 100
Ilkn i:dl Ce Os
1 103T4
Ilkn Kdl Ce 8a
1. .. 103'
Dl.n Rap T 4s
2 ... 58
nkn Rsp T 7s
4 80
Dkn Rap Tran
ct 7s st'd
10 85
Amerlc'n Smll
Rroek'n Union
ft Ret' Bs
Gss 7s
1 . .. 044
1.... 117'4
1... . 0'4
1 03U
B Ter'l B n
Chile Cep'r 7s
3 04H
5.. . 10.1
12 100
C N Y 4HsT,3
10 ... 10RU
C N Y 4Ha'04
4.... 104
Cole ft S 4Ht
1 .. . 90
1 no
American Sus
Canad'n Nthn
Ret's; Cs
OH a rets
2.... 114
2, .
2..
0..
4..
1..
1..
Am ''.
1..
2 .
1044
1044
2.. 114H
. 104H
Csradlan N 7a
, 101
2 113
, 104S
2.... 114H
, 101
1 ..115
ft T clt
Carfa'n Pan 4s
Columbia O ft
,. 01
, . OS
,. 93
2,. .. 82T4
Klco lvt Hl'd
1. .. 82'4
4 OOH
4
10. .'. . 824,
Cem Cable 4a
A
Tel ft Te 3s
Canada S'n Bs
1 . .. 78
100
1 .. 101
Cemp'a- Tab ft
1... . 00
n. .. 100
Cent'I Pac 1st
Re'c Oa
1. ... 98
10.. .. 90
A Tel ft Tel 6a
Ct'l P 3 L 4i
Cen'd Ceal Ce
4.... 117
e .. . fin
of Md Ca
4,. 02
1 92
Amer'n Water
0.. 80
Werka 5s
1 .. S1H
0 . 81H
Cere de Pas'e
Cep'r 8s
1. 120
Cuba Ce Sus
8a ata'd
1. .03
Anten Jursena
V Mam W OS
C ft O cv 4Hs
10 .... OOH
20 . ., ftOt
Cuba ItR 7Ha
8 ROV4
2 . . hOU
3.. SO
1. 100H
1 . 00
Del ft Hud cv
Ohes'e ft Ohie
15 . . 90
4 . 99
Den ft R Ci fd
3.. .. 48
Den ft n O Da
10 Rl
Ann Arber 4a
cv 3s
1
2
18...
10
n. .
. 9SH
1 .... 71
Armour 4 '4s
3.. . 014
1 914
n 01H
10. ... 92
OSH
. ORH
. . OSH
. 08
Drt Kdl 5a '40
Chl ft
Afn 3a
4 .... 07
1...
4 ..
1 .
2...
.. BOU
.. Bfll,
. . BO
. 50
nn
D Match 7Hs
A T ft S Fe 4s
5,... 107H
4 034
1 03H
1 03V4
Dener 7s wl
B .... 91
5... . 04
7
Atlanta ft Bir
chi & At sHs
D de Nemours
mingham 4s
1. ... 00
33H
30H
Pvdr 7Hs
8,... 107
7'sale) 107
1.... 108'i
Atl'c Ref'a- 8a
. S4
. 304
2
OOH
Dslt
uhle ev
Chl
ft Q Ba
Empire Oas ft
0..
1..
1..
1..
1..
8,.
3 .
. SOU
. 80H
,. 80K
. 86H
. 80 Vi
. 80 H
. 80H
4.
101H
Fuel 7Hs
Chl
ft a w 4s
135 H7H
8
38 H
5R4
27... . 07U
Erie Oenl Lien
Oil Ind ft Le
1 OB
Ksal.) SOU
6s of '68
5.... 102
Krle HR ev A
Dslt
ft O
RHs
Chi llll ft Pet
... 52H
4..
4 .
03H
05H
Sound 4s
2, ... .74H
I) 74H
1 t4H
9... . 74H
Krle RR cv B
2 Bl
1 01 '4
2 61
Dslt ft Ohie 4s
1 8T
Rait ft Ohie Sa
Erie RR cv D
2 91
Chlcsxe Mil A
a 55
1 01
1 51'i
Halt ft Ohie 6s
St P d 4a
1 87
1 07
4 07
1 OOH
1.... 102
H A O P I. K
Erie R 1st en
ft V Va 4a
2 .... 88H
n 834
n 8SH
1.... 100U
Erie RR Ce 4s
Chlcase Mil ft
IB 87
St P 4s '23
2 R4H
2... . 8.1
1 80 U
Oene'l Else Cs
narnsd'll C'erp
1.... 10S
A 8S
1.... 10O
Oene'l Elee Os
1.... 108
13.... 100U
Deth Stssl fd
Chlcace Mil ft
1 OI
2 07U
1 Oiti
SIP fd4Hs
B F Goedrich
0
08
68
68
68
Ce 6H a rcta
3.... 103
4.... 102
3...
1...
ft...
3...
1...
D Steel Bs '86
1 94
3 04 H
1 8H
Qoedyear T ft
08 H
Rub'r '81
3.... 100H
1..,. 10044
It.. ..100H
11..., 1004
...... IO0H
68 H
Heth Steel 6s
ChlcaftJ Mil ft
.... 100H
1,.., 1004
.... ....
St P cv Bs
9 78
.i ....
LIBERTY BONDS AND VICTORY NOTES
Ranare. '22
Hlsh Lew
. Isau ,
Liberty 8V4s, 1S82-47..
Liberty 8ft , reirlatered.
Liberty 1st CV 4a 11182-47
Liberty 1ft cv 4s res;
Liberty 2d 4s 1027-42
i: W Ht'W.y w v -ASM.
Ubertr 1st cV 44 s 1932-4T
Llhertv 1st e 4Ja rM.,.,
Liberty 2d cv 4Hs 1B27-42.
Liberty 2d ev, H? rer..,.
Liberty Hd 4 i a 1028
Liberty 8d 4Us res.....
Liberty 4th 4'4s 1088-88,
Liberty 4th 'Ha re t
Victory 4Vt 1022-28
Victory 4S4 rca-....
101,28
04.S4
1111.04
101.08
101.80
100.80
100.34
102.00
llll. 78
101,40
101.011
100.80
101.00
100.80
101.80
101.02
04.82
05.70
07.80
03.00
on.ne
08.00
U8.ne
08 80
OS.itH
08.08
1(0.74
f4.72
93.81)
0V70
100,02
00.84
Qoedyear T ft
Rub'r '41
1.... 110
1.... 115H
Oreat Nerlh'n
Rly DHs
4.... 104H
1.... 104V4
Oreat North' n
Rall'y 7
2.... 113H
4.... 113
Havana' E Lgt
ft Pwr Bs
1 87 '
ITetland-Am'n
Line 6a
10 88
4 88
3 88'i
3,.... 08
1 60
Int'l Pap b Ss
Me pac 5s '05
1 80 "4
1 03H
Iowa Centl 8s
Me Pacific un
1 81 H
1.... 102H
1.... 102X4
Kan C ft.B 3s
8 71V
Ment a Pwr Os
Kan C ft S Bs
1 00
3..... 01H
1 91
Nat R R Ce of
Mex 4Hs '57
20 31
K C T Rly 4s
A 83
3 R4H
22 88
New Eng'd Tel
Ce Os wl
1 OOH
Lack Steel '00
N Y Ct'l 4Hs
l...v. 02 '4
20 SOH
N T Cent'I Ss
Lehigh Vat 6s
1 104
4.
a.
20.
00.
MS.
10.
7.
- 1.
N T
2.
3.
00
Leng ll'd R fd
... OOH
... OOH
..., OOH
.. 09
... no
... en
... ooh
Cent'I Os
.. 107
.. 107
.. 107
. . 107H
. . 107
!.... S8H
Uud A Man fd
2 87 '4
Ills Central fd
L ft J Odte 4S
1 83H
Msrket St Illy
1 01 '4
S Fran 1st
8 88H
1 88H
Ills Ct St L ft
N Or Jt B Os
4 00
Market St ltl
Info Met'n ct
S Fran Os
1 01
Sta'd 4Hs
14.
1.
20 15U
Mex Petr'm 8s
Intbore R T fd
1.... 100H
20.
73H
Mln ft St L 4s
N Y Hdl'n Ce
OHs rets
1.. . 112r
10...
10..
25...
10...
40...
B...
B...
8...
1...
A...
73H
2 43
M StP A S Sts
Male 4a
10 90U
78 H
73 H
73
73 H
New Y N It ft
It SHs '04
a eitt
a eiH
2 02
Me Kan A Tex
73
73
72'4
78
ai wl
0...
27...
10...
0...
lb...
10...
7. . .
1..
17...
4...
nH
(144
04H
U4H
04
OIH
04
04
64
04 H
N Yk Rly 4i
1 88
N Y Tele 4Hs
R 03
73
73
0..
Intbore Rapid
Tran Ca wl
7 80H
N Y Tele'a '41
10.
107H
107
1074,
107
107
107
3..
2..
B..
1..
Int R T fd ct
10.. . 73
23. . 73
Me Kan A Tex
Intern' I Asr'e
4a wl
IS....
1..
cod n Os
2 . .. R2
73H
A Tex
87H
88
88
88
N Yk W C
A
Me Kan
Beat 4 Ha
1... . 81H
Os wl
IB,...
12....
20....
B...,
15....
15....
2.
07
2... . 82
1....
2....
1....
2...
Norfolk
ev Os
40....
10 . .
3.1....
30...
23.. .
10....
30....
30
70....
10. ..
15....
07
07 H
07 U
B7
A Wn
123H
123H
123
124
123H
1214
121
124
124
124
124
124
Intr'l ft Oreat
N'n nj wl
18.
54H
80..
IB...
10.. ,
100...
10. .
1..0.
10..
10...,
04
88
88
B4T,
54 '4
Me Kan A Tex
A3
05
a wl
23 OR
10 07
04 H
04 4
55
Me Pacific Is
2.
09 H
no
OOH
08
ORH
OS J.
08
Int'l ft
Great
1...
1...
2. .
2...
2...
3.
N'n ct Os
7... ORH
I M Marine 6s
A . . 03
2 . 03
NEWS FOR INVESTORS
Car loadings for the week ended Au
gust 'JO totaled 81)0,838 enrs, nn In
crease ever the previous week of 34,011)
cars, according; te reports just received
by the Car Service Division of the
American Hallway Association. This
was the largest number of cars' leaded
during any one week since October 1,
1021. The total for the week of Au
gust 2 exceeded the corresponding week
of 1021 by 01,053 cars, but It repre
sented a decrease of 110,470 cars, as
compared with the same week of 1020.
The Philadelphia Sterk Kxchange has
bought two of Its membcrxhlps, muklni;
clKht in nil, which it has token under
authorl7ntien of the Governing Com
mittee te purchase ten nt $2,100 each.
The two just taken belonged te William
F. Oeenner. Johnstown, 1'n., nnd the
estate of C. I. Hudsen. The mem
berships were net tnken ever for can
cellation, but for nn investment.
The iiverngp price of the twenty ac
tive industrials ndvnnccd .35 per cent
jencrdny te 101.03, and the twentj
railroads advanced .00 per cent te
02.10.
Heperts nrc circulated in the New
Yerk financial distilct that negotiation
are belnc cnrrled en between interests
connected with the Ue.val Dutch Shell
Company of Helland, nnd .1. S. Cosden
for control of the Cosden Oil and He
fining Company. .
The Pacific Gn& nnd Electric Com Cem
pnny. in Its report for the fiist seven
months of the year, shows gresb earn
ings amounting te .$22,725,894, an in
crease of $771, 307, as compared with
the first seven month of 1021. After
all deductions the rcneit showed sur
plus nf $1,002,754, an increase of
$358,353 ever a year age.
The Ilaldwin Locomotive Works has
received nn order from the St. Louis Leuis Louis
Sen Francisce Railroad for fifty loco
motives valued at approximately
$2,750,000.- The order includes thirty
live heavy Mikade type freight engines
and fifteen heavy mountain type pus pus
tenser engines.
The directors of the Continental
Equitable Trust Company In declaring
n quarterly dividend of 4 per cent. In
creased the annual rate ftein 12 te 10
per cent.
Fer the first half of the current cal
endar year 'Imports and experts of sti
ver were fairly evenlv balanced. Im
ports being $34,801,000 nnd experts
$32,10(1. S73, nn excess of imports of
$2,731,117.
During August the Government mnde
leans te railroads amounting te $27,
802, bringing1 the total for two months
of the current liscal jear te $018,725.
Liberty Bend issues were practlcnlly
unchanged during August, the first lean
being reduced only $100. the second
loon by $7100, the third lean bv $100
nnd the fourth lean bv $200. Victeiy
eies outstanding were reduced $142,
530,700, of which $141,553,700 repre
sented n refunding operation, being the
amount of new 4',i per cent feur-jenr
Treasury notes Issued In exchange for
Alctery notes. Of $1,833,507,000 Vic
tory notes outstanding en August 31,
$000,050,050 have beeu called for re
demption December 15. 1022, nnd the
remaining $031,040,450 mature May
20, 1023. Public debt retirements
chargeable against erdlnury lecelptH in
August included $3,522,250 for sinking
fund nnd $7500 representing forfeitures,
gifts, etc.
Jehn T. Cenner Company directors
yesterday voted te offer 18,000 shart'H
of common stock at $15 per share te
common stockholders of record Septem
ber 20 In ther atle of one share of
new for five held as of thut date.
Subscriptions will be pujuble In full
en or before October 10 and new stock
will carry the full January 1 dividend
payment.
August sales of Schulte Ketull Stores
totaled $1,005,223. an incieose of
$244,002 ever August, 1021.
The Tedd Shipyards Corporation,
for the year ended March 31, reports
net profits of $420,387 after Interest,
depreciation and taxes, equivalent te
$2 share earned en the 200,552 out
standing shares of capital stock of no
par value, as compared with net pieflts
of $3,094,327; or $14.81 a share lu the
previous year.
Jeseph de V. Kcefe has been elected
a member of the Philadelphia Stock
Exchange,
The par value of the stock of the
Indlahema Refining Company, new $5
n share, will be changed te $25 a share
If a plan new being considered bv the
directors is ratified by the shareholders.
If the plan Is adopted, the present stock
will be exchanged en. the oasis of five,
shares for one of new. Adoption et the
plan would reduce the number of shares
from 1,000,000 te 200,000.
tfifi jttwht.-'jX tMifcjM'v'V-j,-', fW ,rmvi
Net
chse.
,.
t. .
(..., ,,
: : : : : :.:
..
Illlh
100.70
100,70
,'.34
100.84 100.34 100
1 no,74
100.44
100.31'
loe.'ai
100.10
100.72
100.00
100.44
100.28
100,'SO
100.10
100.04
1(10,111
1UV,
100,
.28
::!.
loe.so
100.10
100.08
100.70 100'.70 100.70
2....
10....
20....
10,...
134
123',
124H
124
124
10
:i.. ,
84
84H
F In
78
78 H
7ft
78
78
79
78J4
70
1 07
Stan Mil 0 Bs
St L ft S
10 e
11 01
ir en
2... .
R
2
12
, 0
10. ...
1
37.
N A Edls'n Ce
Stand'd Oil of
6a rets
Calif 7a
1.... ion
'!.... 10574
S,... 100H
R...
2...
n...
2...
08
00
nn
08
OOH
no
1
Third Ava al
Sll,
a Fraa
r. 07T4
12(sale) 08
18 8
12 OS
B 08
3.
0.
Series A
S3
27
10
13
0
1
2
1
1
OOH
75
70H
73
78
70H
Kerth Western
Dell T 7s
2.... 107
N Ohie Trae A
Lltht 6s
1 07
Third Ave 4s
1 00
8 OOH
1 07
70
70
78
N Paclfle R 3s
Teledo St L A
1 0U
70 H
W'n 3Hs
A 03
N Paclfle R 4s
StL ft S Fran
1..... 90
1 OOVI
N Pae R Bs wl
B 90
Series D
Teledo St L A
B 89H
StL A S Fran
Weafn 4s
B 7.1
Union Pax A
Paper 6s
20 nn
Union Pse cv
1 03
18 03
B 03
Union Pac fd
0 00
Union Pac 4s
1 93
Series O
N Pacific It 6s
4.... 100
20.... 110
10.... 110
6.... 110
1.. 110
10.... 100H
StL A 8 Fraa
OHs wl
7. ... OOH
4 OOH
St L Sew'n en
Ora-W R II ft
Nav Ce 4s
1
R4H
0 80H
0.
2.
2.
10.
84 ,
R3
St L Sew'n Bs
1.... R8U
1 (flat) 88
R4'4
84
Union Pac Oi
Saks ft Ce 7a
0.... 101
Unt'd Drue Bs
8.... 112
Pae O ft
2
(flat)
S....
Pac T ft
3, rcta
1.. .
3. ...
8 ...
3. . .
p. ;
1.... 100H
04
04
04
Ran Antonie A
A P Rly 4a
1 70
Unt'd Fuel A
Oas 6s
8 OR
Ui'd Rly I Ce
S' Fran Os
1 89
V B Rubb-r 3s
3..:.. ooh
2 neH
3 OOH
23 90
1 OOH
U S Rub 7Hs
B.... 109
U'd S Steel 5s
4.... 103
1.... 103
1.... 103
Utah P ft L Ss
1 03
Va-C Ch et 7
T Ba
Seab'd A L a)
0... . 20
10 20
3 20
3 20
04
08
4)4
04
Senb'd A L fd
Packard Moter
.1 40
25 40
Ca Ce 7s
.. . Hills
Seab'd A I, As
21. ... 00
10 (10 '4
10 ... 89
3 ... 107
2.... 0
Pan-A Petr'm
ft A Ce 8s
1.... 102
2 09H
0 OOH
Pit n rm 4Ha
Sinclair C Oil
0 .... 04H
Cerp 7s rets
Penna R nHa
10..
0..
4,.
0..
oe..
1 .
4..
101H
I.... Ill
11.... Ill
3 ... Ill
101'
101
101 '4
101
101
na4
renna R R 7s
1 ... 112'4
Vs-C ch 7Hs
3 105
!.... 118
7 . 118H
4 118
Phlla Cnty fd
2(anle) 1014
Hsale) 101H
Phlladel Rail
way 4 s
4 ... 71
Peoria ft H in
2 .... 3R
1... . 88
Preduc A Jt Rs
6.... 102H
1.... 102
Punta Allexre
Sus Ce 7s
0 ... 108
101
101
Va-O Chem ev
4..
war'd 7H
3 07'4
1 97
2 07H
Sinclair C Oil
Cep 7Ha
0.
103
103
103
103
105
10.1
0..
0..
3 .
R .
Va Rwy Ce Ss
10 .... 00
10 00
Va A Swn rn
0 RRH
2 87
3... . H7H
Sinclair Crude
O P Ce OHs
2 90
S Rell Tel Os
2 9R4
1 OOH
Warner Susar
Ref'e 8s
1.... 103H
2(sale) 102H
Se'n Pacific fd
West'n Md 4s
004
00
00
ni
01
21 08
4.... 100'i
Wes'n Pae 1st
1 80H
Re-vdlnc Ce 4s
2 80
Iteck ll'd A ft
Loul's, 4Hs
1 84
St I. I'D Mt ft
e..
10..
s..
e..
7..
3 R7
West'n Pae 6s
2 07
ni
ni
Went Shere 4s
2 84
Se'n Pacific 4s
W Union 4Hs
4 88
1 03
8 Rly 4s
Sn Hallway 4a
Weatlnxhs'e K
110
2 71
ft Mfe 7s
2.... 107
St L I 3It ft S
Sn Rallwav r.
R ft O dlv 4,
2 30
1 00
2 .... 00
Wllaen Ce cv
1..
P0
1 .. . Oflti
10.,
8 .
1.
St I,
10 .
e
1..
e .
i..
. . 88
. 80
. . 80',
3 F al
. . 84
. . 84 H
. . R4'4
., R4
.. R4,
.. 84H
Wllaen Ce 1st
Sn Rall'y OHs
2.. ..102
1.... 102
1 104
3 .. 104
2.. 104
2 . 104
2. . 104
Wilsen C 7Hs
4.
107
107H
107
1117';
107
107
1..
8..
3..
0.
8
Sparta 4s
3 01
Stan Ot 1:111
GAIN IN COTTON GINNINGS
Total te Sept. 1, 817,171 Bales,
Against 485,787 Last Year
Washington, Sept. 8. Cotten ginned
prier te September 1 amounted te 817,
171 running bales, including 25,953
round bales counted ns half bales, com
pared with 485,787 bales, Including
30,027 round bnle.s te September 1. last
year, and 351.5S0 bales, including 17.-
451 round bale. In 1020, the Census
Uureau announced today In Its first
ginning report of the season.
Ginnings bv States te September 1
this year and comparative figures for
last year follew:
Alabama. 56.252 and 12.008; Ar
kansas, 7470 and 30(1; California. 51
nnd 173; Flerida. 047." and 387:
Georgia. 143,047 and 47,803; Louisi
ana, 15.000 and 2743; Mississippi. 14.
034 nnd 4144: North Carolina. 1202
and 77 : Oklahoma, 4305 nnd 1221 ;
Seuth Carolina. 5241 and 1100: Ten
nessee 47 and 2; Texas, 500,010 nnd
414.010; all ether States. Ill and 127.
Federal Reserve Ratios
Washington, Sept. 8. Ratios of total re.
serves te net depealt and Federal Reserve
note liabilities combined, for the twelve
Federal Reaerve Danks and the entire svn. i
tern, as of September rt. compared with is
I 'JO
DW. '
1021
Sept 7
72 0
72.0
1.0,3
00.5
42 e
40.7
fiO.fl
07 4
88. fl
no t
40. 1)
04.(1
00 2
Gulf ON Jumps te $580 a Share
New Yerk. Sept rt Responding- te re.
ports of capital readjustment. October 1
by which twelve ehares of 120 par-value
would be exchanged for one share of the
present $100 par-value ateck of the Oulf Oil
Corporation advanced 80 points In today's
curb msrket The new price was $080 n
share The Oulf Company, which la own,i
by
tne Mellen Interests of PittHhurah, Is one
ui wie larreai independent producer. n.
t"r.t,".f "a proposed merger with the Stand.
srd Oil
Company of
Indiana were recently
officially den
led
Weel
Demand Well Diversified
Ment en. Sept, e The Commercial Ilulletin
will say of the wool market tomerrow: "The
demand for wool has continued nf fair pre.
poi tlens during- the week nnd has been
fairly well dlveralfled Prleen are ateadv,
unlesa In the case of aeme holder of ferelru
wool In hend. he may have te meet mntur-ln-
drafts. The manufacturers and piece piece piece
xoeda men. aa well aa the clethlns; trade,
are comfortably situated for business, ul ul
theuah no boom Is anywhere apparent. A
speedy paesace et the tariff Is areatly de
sired by the trade te help stabilise condl cendl
tlnne. The foreign markets are verv flrm.
with a tendency upward, Londen havlnir ad.
vnneed ellshtly since the epenliur en all
classes and the primary markets bid fair te
rule very strenir."
Sugar Market a Shade Easier
New Yerk, Hept H. The ru susrar mar
ket Is a. ahade easier In tone with Cuba.
rer uepiemeer anipmeni quoted nt 3c cost
ind
iSe
ireisni, ana rer urioeer shipment at
BHp
te flVic, coat and frelaht.
cm
terdi
day cenalated et in, 000 baa Cubaa.
ex-llahtera. In pert at 3a e, oeat and freight,
te Arbuckle Ilrethers, The local refined
market la rather quiet, the new price level
at O.BOe. less 3 per cant for cash, sstabllshed
vesterdar having ihua far failed te stimulate
the Inquiry te any material extent.
WONT WEAK Xni3I LONGKB
With dally . news columns nilsd
'Ith
for
fsahlpn hints from Paris, there Is nsed
II11Q
j'r ,
previous week and a ear a te fel
. Sept. II Au. HO
Hoeten . . 74, S 7n 0
New Yerk . 81, s HO a
Philadelphia 71 S 70 2
Cleveland . ... 71.1 70 0
Richmond . . . 7S.7 77 R
Atlanta Sl.O M i-
Chlcace .. . 8S 4 S7.S
St. Leuie . 04. ,1 n.l.e
Jrinntnpella . 74 e 71 1
Kansua City 04 4 tl,e
Dallaa , 01 7 SO, 4
Ban I'ranclace (it 7 70 4
Total , . 7S ,1 7b";
eumiiQiia. .waiv m ivuuuiit in. organisatien,
etna; formed te pr.aerve the J'knee hliti"
skirt. It will be Interestlns: te watch ths
outcome of this battle for American free
dom. Fellow It, fa the news eelumns of
the Pcsue Lspqss. "Wake It a Wiblt!''"
r$&m$$.
'K'1922
SEPTEMBER
TRADE OUTLOOK BRIGHTER
Confidence Strengthened With Set
tlement of Ceal Strike
Trndorepertn for the last week arc
particularly encouraging, says the re
view of business conditions; In the Phila
delphia district by K. (J. Dun & Ce.
Confidence hns been strengthened by
settlement of the coal strike nnd many
lines nre reporting n betterment In the
number of orders received. Many man
ufacturers nrn operating their plants nt
capacity. One drawback te even great
er nctlvltlrs, which Is said te exist In
virtually nil lines, Is difficulty In se
curing practical mechanics.
On account of the trnde net having
bought worsted nnd woolen yarns In
their usual requirements early In the
season, large orders are new coming in
for Immediate delivery. Indications nrc
that business will be very geed.
Continuing, the icvlew gees en te
say:
"Jobbers of electrical supplies nre
Mill buying In rnther limited quanti
ties in spite of prevailing low prices.
err. i. im
Distributor Wanted
We are manufacturers of n popular
and quick selling line of nutomebllo
necessities nnd s-ufety appliances and
pjnn te Immediately establish a dis
tributor brnnch In Philadelphia te
cover requirements of dealers, ga
rages and consumers In this terri
tory. This connection Is open te a capable
man or Hrm flnanclally able te carry
an Investment of from $5000 te
$10,000 in quick turn-ever merchan
dise te meet current orders.
A strong national and local publlclt.v
campaign Is new being started en
one leading product of great eco
nomic value and Importance te
safety operation of meter chicles
for protection of life nnd property,
and as ever.v owner of n, passenger
or commercial c r is a possible pur
chaser, this campaign means a
whirlwind of business for the man
qualified te handle It.
This one product Is et such Impor
tance ns te warrant expectation of
net profits, from a very small per
centage of possible business, te run
In excess of $30,000 for first year's
distribution.
We will extend unusual selling co
operation with the intent and purpose
te create a business building and
permanent connection that will bring
greater volume of sales and increased
profits each year
If you are qualified te associate In
thlH connection personal interview
will be anangeil with our executive
representative Address at once for
appointment
Manufacturers A 40J, I.rdRer Offlce
Cities Service Ce.
A Iiii-rc, Mieeessful
public utility h) Mum
combined uitli exten
sive, ilHcr.Nitieii oil
nnd gas inlei evts un
der unified luiuiage-iai.-iit
Stocks and Bends
Fer careful, discriminating
investors
We have ready for distribu
tion a limited number of
copies of an interesting
booklet, entitled "Senior Oil
Securities," which contains
an analysis of property val
ues and earning power of
Cities Service Company, and
its subsidiary, the Empire
Gas and Fuel Company.
The booklet also presents
statistics and information
concerning ether leaders in
the petroleum industry.
Tn'fc for Booklet OS-
Henry L. Doherty & Ce.
Securitiei Department
604 Merris Bldg. Pbila.
Phene: Locust 1H0
BROOKE, STOKES & CO.
Investment
Securities
PUUdtlpkU
Waihinitea Baltimore
''iWc,, l,Wk' v.,ii'V.
,-y .- '
1 . I 1
A better demarid. Is expected In the nenr
future,
"Thore Ifes been n 00 per cent In'
crease In the manufacture of wnllpnper
this year ever the same period n year
age, with aulecrcnsc In prices of 15 per
cent. The outlook is geed, as the pres
ent supply Is low, making tin demand
great and prices firm.
"A steady business Is being done In
the steel sash line, which Is nbeut nor
mol and very satisfactory.
"Uuslncss In the heating line is very
geed nnd hnH been for 'the last six
months, although there Is n shortage of
boilers nnd radlnters nt this time. This
is partly due te the coal strike. Other
wise, business Is very geed.
"There Is n very netlvc demand for
lumber, particularly of the higher
grades. A very much greater demand
for lower grades cxlstH and higher prices
nrc anticipated.
"Retail trade Is geed for the season
and n generally optimistic feeling is np
parent. "A geed ninny exporters and Import
ers report numerous Inquiries nnd u few
orders."
$1,000,000
OF THE NEW ISSUE OF
8 PER CENT
CUMULATIVE PREFERRED STOCK
OF
THE AUTOCAR COMPANY
(PAR $100 PER SHARE.
CALLAOLC AT
Offered for subscription at $102 per share.
Stock certificates will be issued en September
15, 1922.
All subscriptions must be accompanied by
checks and will be given preference in order
received.
Temporary receipts will be issued bearing
interest at rate of 6 per cent per annum until
September 15, 1922.
Subscriptions should be addressed and checks
drawn te the order of W. T. Savey e, Treasurer.
THE AUTOCAR COMPANY
ARDMORE, PA.
MANUFACTURERS OF MOTOR TRUCKS
ESTABLISHED 1897
rjj
Mr. R. H. Beaumont, President, R. H. Beaumont
Company, Conveying Machinery, said te us:
Philadelphia is the center of coal trade.
It is also the center of the manufacture
of machinery for conveying coal. Nearly
one-half of the total tonnage of the rail
roads in the United States is coal. It
costs mere money te handle coal in the
yard than the railroad gets from hauling
it from mine te yard.
Central National Bank
of Philadelphia
Chestnut Street at Fifth
K
Capital
Surplus and Undivided
38 PAGES
of the most interesting ahd
informative matter ever
prepared en New Yerk
Curb Exchange stocks.
This manual or guide should
be in the hands of every
man who is interested in
America's second largest
stock market and the divi
dend and market possibili
ties of the leading stocks
listed and traded thereon.
Ask for
"Investors &Traders Guide"
free Call, 'phone or write
Jenes &. Baker
Member New Yerk Curb Exchange
Direct Private Wires
Nw Yerk Cblcire Boxen rMlldtl.bh
JNtiieurih Detroit Baltimore Cloches'
PHILADELPHIA OFFICE
Widener Building
Telephones ?." locust -4730
p Kev.tens . Race 5661
BALTIMORE OFFICE
1.1 Equable Budding
Tlvage Plata 84$t
hauuiiiiii timmi'tijiitiwwMi iti,rwiij.ii3affljew-'iui-iiUi:,iii J
i,t
'ffteg,,
i ii v ' ' - '.
LONDON STOCK MAHKrr
List Irregular, With Dealing UfjV U
Dellar Deecrlptten OuH 'vh
Londen, Sept. 8. Oil shares Wi)
a .... .4... -4i ,!... ,mI.w 1.4:...-',
i . i Jl
the turnover was net Janre Royal OstitA'
.... - Wl Ul.ll T.nn.iu.rf hm.t "PmmJtlh"
ing 4 nnd Mexican Eagle 8 7-i'U:'
Heme rail were quiet nnd mixed. Dal,
lee ilewrlntlmia rnnllnuetl dull. TJava' x.
.. . t ... ..Ilt.. '-.f 1m.-II tattta ." K.
VHn nieuL-raiu ramus; wi nigceiiinsi iissr v
Industrials were strong In aptta. jh,
II.wlcnn'M liar wnu (1 15-10. ftuMt H
iHsncs were i
crude article
hnrder. but
dull In sympathy with the), ntf
le. The gilt-edged list M
it changes were narrew. 4
Krench leans were easier, following
I'nrls. Kaffirs were well maintained.
Generally, the markets were irregular
with dealings light.
Prices Improve en
Paris Bourse
Paris. Sept,
Peuree fedsr.
R.i-Prlcea
Improved en the
Three per cent re
ntes, elf
tir.p. iCxrhAiiua en Lvnden. 37f 07c.
per rent lean. 7flf 07c. The dollar
quoted nt 12f 01c
$t!5
OFFICERS
rilARLHS U INGKItSOLL,, Pres.
STANLEY K. WILSON, Vice Pres
ARCHIE D. SWIFT,
Vice Pres, Cashier
DAVID R, CARSON. Asst. te Pres.
ALBERT H, ASIIRY. Asst, Cashier
WILLIAM POST,
Chairman Executive Committee
$1,000,000
Profits Earned Si,700,000
Havana Electric Ry.
Light & Power Ce.
Gen. Mtg. 5 Bends
Due 1954
Company furnishes the en
tire electric light, power, gas
and street railway service in
Havana.
Net income nearly six time
bend interest charges.
Price te yield
about 5.90
Circular upon request
Harris. Ferbes & Ce
Pins St.. Cor. William
NEW YORK
PHILADELPHIA OFFICE
Wldtnar Blsjg.
Telephone Spruce 7040
y
WHY lias me Inreater rr MM M )$
lar al principal or later mm aM-'.
seeurllr beasjbl vf B. W. Ofct-'iVi
Write far one fcb f I
lm
" wr. - . r.- ,m
S- W. STKAU1 ft CO, t.K
. .TOA'awm'
SIM
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4t.
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