PilP !fp yrsmsmwFWa x ' s KVEyiSG- PUBLIC, LEDQEKr-PillLADELPHIA, , MOM-DAY, SEPTEMBER 11, 1922 m? f? V. ? I mm I SR- w I !i!5J. I ,Uf i! , r" I ) it .W,-. . L "rM -'-- ' MVllM ItfAAl fe-v r ,We recommend A First Mortgage 6 Bend Due 1952 Tax Free in Pennsylvania Rated A by Meedy Yielding about 61gfe Yerk EARLY SETBACK NEW YORK STOCK EXCHANGE TRANSACTIONS Only Afternoon Repert in Philadelphia Quoting Full Litt Listed en the Kcw Stock Exchange. Descriptive Circular upon request. sent SCHIBENER. BOENNING &CO LW'ESTMEXT UOXDS 1615 Walnut SI.. Philn. ( llewbrrg ; stock Fxclanet Bll. Leetut :i10 Kaoe. Rare rt81 Havana Electric Ry. Light & Power Ce. Gn. Mtg. 5 Bends Due 1954 Company furnishes the en tire electric !:p;ht. power, gas and trect railway sen tec in Havana. Net income nearly sit tirees bend interest charges. Price te yield about 5.90 Circular upon request Harris, Ferbes & Ge Pin St, Cor. William NEW YORK PHILADELPHIA OFFICE Widener Bldj. Telephone Spruce 7040 Liquidation and Profit-Taking Sales Give Place te Vigorous ' Upward Movement i t New Wk Sep;. 11 Tl.e si, . k market passcl llireiisli a period of llquiilfitimi anil profit inking for th first hntir. which, for the t Irnr. mnrtc lMihnc te(Ks show n wording len- Idencr. nnd many issues sustained losses. I ranjinc from 1 te mert thnti U inhit.s. i "hll" tlmi profit .t.ikinc was In pros- I res. At the aini' limp room trader n j Rumpel llmr buyinc power liml lessened ' nnd offered took. (it recessions, helpinc a Ions th rrarttnn. This movement Tilr-kly .'tided, and wit Inn a short time advances w.t resumed mid the mar ket tone became mere viem-cis t lid ti nt am time since the l.alMr Ihii linlldiii . 1'nllman t'.ir wn a feature, mlintic !rts from 1?.:.', , l.".'?'.. within n fw Pi'tvit iniie- eiu,,tn,.tit stocks, sifter nr!j nihtiM " and iencu'in. vercalvi in hrisk dMnand nnd iigiiln moved tip tu Miliat 'ntinl 1 lil'lui Icm'. Producers and Kefinc; en -mi n di ,l ji.- 'nl atton atten atton Men nvatic .f ti"- nun, un, cement tlint negotiation!, are under v ij f,n- t!ie nh- erpt-.in of this iemp::i i' ( the largest e,lpind ,. In; nrsanu'iticis in tie ' euutri . ieti'-rn! Jln'eM .i ""led ri en a arse noir, '.ier e; tl'.e mnlf. a'"M!tnuiaf.en en knew I. .1,; sreelc nill t pijj Ija.-Jt ,, , g Ii.- '.t before (lie end of 'I ,m n IJeebnek w - :imth. i . r ! advan-ln; ''.. pe.nl- t" ''"' melnle mad" ,i new h;ji t i s-llin- ar L'L,'1. ',V3 . fy'lis tlnf Vm tin ider.d S",irs- '"llflire II 1I- ', f re.ir Commodity Markets GRAIN MARKET ( hir.ije. Sept 1 1 - lt.iiii eildins te che. W t e .'lop I'M te ,111 upturn -n 't,e pri. te.iaj d'iriti; ilie eanj drill sides winter wheat offering- ii.ir'e.l moderate W.ih si " lie.it nii'I fi'i "i i'- it . M ll- I .- I , i I .' 1 ' PI ,"hl- lei;r ' m l.ntn-iii ''- keeping pret' near ev u , r,.,,,n fir It wiit reiifmif d. 'mi. tlmi .. bea-i-h f.ietei- Im.J ,, n .iin '' fuii Tie iiprirnc. wine', ar' . f-.. , ilt--iine te ti- .idi.'iTv i,th liP. rr ,li..P . (Vi, , J JJ- ,., , 'I "71-. va f'llleueil l.v ;au,. a-n.nd b.t then 'iniKtliing .i .1 iei . ',e'i lies Mi Tew.i and Minpi-i'la ..' " a -lij'.U lift e the value of e.irn i ! 'an Aftir opening ' .i off tu n ',i' . advane. Ii.vpmber ."7r le .7: '.in run market tendi-d i.p.in fur a t'e'ivenen 'at-, :3-'ei 'in limited te ',e te ', higher. I'eeembe" .'..j'','', and then n.ii. mufij te I nrden. IV'iiit'en- la-kcd s ippert. ic TAKE FULLY se lected securities of Public Utility Companies furnish ing electric current te long established growing communi ties offer excellent opportunities for in vestment. Our list of such se curities will be fur nished upon request. We Miulf revferenre r any current t"' estmen s'bjCi'. HARPER & TURNER lnfiitmrnt Dimkrri Mrmbrrr fAJJdepifa STeA Exefuntr STOCK EXCHANGE BUILDING .'m it, 11', ' tpt ' . i eji, Lie 1 W-, e;' , : i r'V- i e:'. Osts tt ..' . .-.. . . ? : . r- : Rib .D' ' "1 c : "i I ir i Ma v '. i c . :n . Ja- ?C'T . E. I COTTON MAP New Yerk. Sept 11 The . u'tOll market of mil '' te 1.'! pn:i.f ..igret Trade inters'" ere the 'arge-t bu rs and were ehletlr responsible for ti." rength. Wall Street ar.d N'-w ( irl.-a -a. se beugbt The Se'itli an! Wall Street were edit!L' '"'.'.er-. I.ai'f ' 'ie hit was firm, "lowing mi.ne pein'i. evej Situr lav'- (In--. Ji) r-ii i ' j 2i ! ;i J! . y-l -J e' r v: .1 'J4 Philadelphia feUtt BKfflJfEJ": i.nlWC'iitrjiMrTOill'.irt VB J3-FTB?l?j ESTABLISHED 18S5 BfOREN & CO. BANKERS 410 Chestnut St., Philadelphia Government, Municipal, Railroad and Corporation Securities Itrinbtr Acie Ye'L and PMlaielvhia Stock Exehatett !fammmwtimi&mmflMEsmtmx NEW YORK COFFEE MARKET , New Yerk, y il --TiaJini: en be opening ct'.l e: rim ielTee futures . market vias n;u.f. 'ui- niermiig and firtt , prieea 1 te ." peir'- abete tl.e idone of 1 Snt'irday. Due t the holidays in1 Brazil, no olEeia. , ebl-s were In fr .ai the preliminary r..iirket and tne tin le here hH ben "i ''.. dark a te df. e'.wp menti there Advancti rep'i"d by special ea'iie'i of 27.1 te e.'ii r'-.s at Santon unil It.'O te 43 reis at Kie promoted covering and a moderate u-jmand for futures late n the forie' n. I'riees slowly weiked higher. fli bulc'J c-arrjlng Ueeember te !) 7." and March and May te !l Mi, or 1 te G points r.er huher and -1 te ." pn.nM above initial figure- Priiate ach.ee lepnrr w:l' i. indications that the Snnte- 'op it rtpcul .sp'f--fc.r i I 'iiiDi'Kt ling' Pr I lei It M i T01T-T2 11 -'3T ! Tl H Tl 0 e,M ' u .''' V "U I -(, ! - !' il IBiilSI 1 1 Southern Indiana 1st 4s. 1951 N. Y. Connecting R.R. 1st 4s. 1953 L. & J. Bridge Ce. 1st 4s, 1945 F. P. Ristine & Ce. Wld.ncr Duildini, Philidtlpki. Niw Yerk Kllffthrth X. J. Utmltrt Kne Yerliand Philadelphia Stock Exchvntw I lie '!. i hei k ( heckt C7S.PATTONk CO. 311 rilK'TNTT 8T9. BANKERS A BAH.KK . STBVKKSOM ML Mia Pl'k iMIUJtBA ." ' FOREIGN EXCHANGE New Yerk. Sepr 11 - Cipemti 'B-.eiis for fete'gn eT'hangi l.-e ,e fleeted weakness v fore kM t'-riii. a "enters partly en aeteun of ' i- U ' a definite understanding iiht.' i ' n Helglan and ijerman ie,f r , i.' "ii neyuntjies for the prej.e .' Tr"fif note?. 'J h" Greek nui.'ar- di-.i-n r ua al'fl a enntributerv i ne't''rg tH'ter Sterling opened down ", fi.w.i- were off 10 S I HelguiTH were down 10, lire down tl , Swb- down J Dani'h and Norway down 4 g.il'ders down 1. and mark" down 1 '- iv-wtaii were i.n dinnged. Quotations a re Steil-.ng iablei I."", demanii t !." fi..n nblei 7 Of.., check 7 l!' . lie'giiiii inlilis 7 --. I hecks 7'l'-j, III'" iiiblet .".). elieek') l.'N'. . Swi-h .able- Is in! ' fleck 1S.1C, . pen ta cables 1." H7. ' h(i ks l."j 4." : Danl-h 'ubles .'l.Htl. he, im 21 31 ; Nerwav cahlea li) 10.7:'.. Hwedlsh tables lili '-'ll-.V.' . guilder .'.iblii .'! 3S v0; marks Oli' The Central liuiepe-m X'h:uige4 were quoted leda a to'.leu- l!ul ganan. k"i . Itumanlan, .'!!. Serbmn 1 li5 ; (Veciio-SleMiklall. .'!.'!. .Ine- S'.avlan, .'Wj: iriekc, - 70 . I'eimh. ,01 "Jk : Finnish. L'.'.MI , Auetrlan, Ofil.'i, ilutiUHrian. .00.". The iiremlum en .New Ynk funui in Montreal tedu wai 's per ent The dheeunt en Canadian funds in New Yerk today was ' per lent. Kepertrf ,that n dlnceunt is inline agaltiHt New1 I Yerk eichanue in Canada are net cori ceri tinned by Irudlng bankers here. At in tervals brokers in Canada urn report d te be ubklng a ulizbt prunium en (.'a nadiaii exchange. 1 HVritnDAY'3 CLOHINO QUOTATIONS Sterling J'ranci lar Oulldsr. Orimmii . T 14W .SB 8 a Cables . 4 4 7 TBii 4.dSi, 3 00 TOOAY'8 OPKNIM1 COT AT I ON H Dmni 4S i ea 4 :iVi 88 se (.'ab.. 4 4Si 7 Hl'a 4 -Jl) 395 Unsettled Prices en Paris Bourse l'rli. Kept. 11 Prices w.re un.ettl.d en (lis Heurw tear. Tnre Mr cent rni. m franc. 90 ceutlmts; icin en Ixnden, 'H fr.nra. ill r.nllmea! 41 mr Mnt lean. 77 franc . U cwUlaiaj. ThitJlr waa quel. j 1 11 auw v. Sal. 300 RS00 2100 1700 800 100 1300 1130 100 100 2500 100 100 100 100 100 430 ".000 soe :oe 400 400 noe 500 tee i-oeo '00 600 4400 7200 tOJ 200 "00 2100 4100 10J 100 2'00 00 300 100 ;ree '00 100 2000 10 oe 1400 200 7S0) 200 2200 2700 100 200 .00 2000 100 12n0 (-00 211 "CO "-e 0 i ' 0 -1 tee 4"0 10D 20? 2UJ 8'..i '00 423 0) z nj re: co :e 300 2200 400 .'J '0? 3JJ 120J 260 7MJ 2000 3000 00 -00 00 2800 700 20J 1 100 e-0'J UO 0 100 0j 900 71.0 800 5000 '300 400 1500 6100 00 troe iCO 2400 90 100 600 '00 100 r i t PTiX-i; tl'ch . Advance llumelv. 22 l Alrltrduclleu. . . EC Max nubber 15'4 t Allied i 'hem & Dye. 80 t AHln-rh.v.merH 59;, T Mlls-i'halmers pf..102 Am Agru. rheni . . . 40',; t .V'li II Sh Kdv new. 05 T tn U Sh V pf new. 110 ni Hoieh Macnete 44 U tn Can 63 'i Am Chicle 0 Am f'otten Oil 20 ' Am Hide A I.eath pf 73 1 2U z 93 Am Ice. Am loe pf .. Am Internal Cerp. 1 Am Locomotive. " m Metal's Am Metal pf 4 Aim It.ultiiter . ... m Safety Itazer Am Ship a Cem. . . Am Smelt U Am flniiff i .... ...... .-. . .... yuii ,-rrei l'ounerics n) Mt Silgae Jtef 84 Am Sunmtra 3 Am Tel A Tel 111er Tel A Tel its. 1 2 A11 Tobareo. 3 2 m Tobnrce It. . . . 'n Waterworks Am W.urwKs 6 Pf 42'- " iu Woolen 102 '4 ' Am Woolen pf . . . 1 10 ' m V-ijgf.jprtr pf. 32 AnacotiilMCeppcr. . . 53 1, . . .Vrn Arber pf SO'i 4 A 'se I'.-y tJoedo ... 58'---ke ! iloeds i(l pf 87 I '.-h Tep A San KetO-IS R Atih Tep A S K pf 04 . Atlan li.r A Atlantic 2 ' tlajitie 1 east Llna124', 2" Ml lleflntnR . ..1100 1. tlns powder . .14r Austin Nichols.... 35 7 Austin X chels pf RB T Hnldu'n ,-)notlel37 35!i ..127 , . 51 ,.1J3 .120 . 7 '4 . 20 . 65 H .155 . 41'i .123 3, . 3', .167 1 63 ;; . 20 65'; 53 3fi 37 67 S 54 TtC'i 76'. 7'l li!l 75 37 .121 i t 25' . 64 H . IB . 7 . 20 sA . 19r . 11 . 35'; . 61 . 96' - . 10', .140' j . 42 h .. 82 , .20T1! . 40 It . 45 . 64 77 4'i tj 7S 15 '1 34j; 64 ' 24 31 65 70' 33' 34 U 1 J 7 Ha rtw In I.oce pf . lOlfnien - Ohie Itsriisilall Clans A l!an Rda 1 cias 11 tijrnttt leather . l!a u't Ures 1?.-. e'uii.t Packing .'1 ItAtlilrhrm Steel . j Hetli stre' P. ltrlt r.m Pteel . 7 Hrlt r.m Steel 1st pf Hrlt r.m Steel 2il iif. . Hroekl.xn Kdtsen . HklMi Uapiil Transl . llmwn Sbe" 2 H im, Bn.s U. . . . Hint. Cnyt A '.inc. Hut'e ,sr Sup Cep . Hi", r '( Ce . . ' ".idde Celt O A K . 6 1. i.if'iniia Packing c..."e-i, la Pelrel . 7 I'a Ifnrnla Pet pf . 1 .il 7A'w and Irf'ad 1" anadlan P10 flc Central l.e.ither 1 mi Ie-aler pf . . Central of N' J. ' 'erro-de-Pance . . rt.iln-teed Pred ' chandler Meters 4 Che.snprakc A e'.Uo f'hiotire ft A'ten. . . CI11 age A A'ten pi hicagn A ilr We.l Cil Mil A St P. . 'Ill Mil A St P pr 1 ' ,i' A Northwestern 95 1 Chicago l'neu Toe! 87 11 R I A Pac . 49 - ' hi It I A Pac r,'", pf 39 : 'hi Jl I A Pac 7"r PC 90 f. ' ' I -:i P M A O 1 'bile 1 'epp. r . . Clilim i.ei'r . . . 1 illle'- IValOlJ" t ( K-I''i . . Cel ru. ! & Iren 4 Colerado .v.- .-e 1st pf 6 6 Celu'C ;aa A r.'ec. . 10D H t elum 1 iiapiiophene 3 i Cel ' ir.inbophene p 1 4 ti .1 Cen .' Tab P.ec 76 ' ' 'ensM ' ,gar ... 35 ' Cen 1'ijji rts 4 s Cens.i 'iati '1 Jan.. 1 43 T i"oni?ei Te'lles . ( en'.-ental 1 'an . 1 'a-ii predui a lief : . -eMi. 1, a co 7 ' '"t.c!i a e pf ' : UCib e Stt el 7 '.r'jcib e Steel pf . . . 1 'me hj.. S'eel rts. , 1 an Am Sutfur. - ' I m m Sugar p il-.i One .Sug.s' , ' iha 'are Sugar p !'a'..son Chcml'.'nl 'ie';,.w.-tr. A Hudsen140 'iei Lack A West . I3J . ! 'emn Mines . u pnnt til I) e. I ij Pent 0 deb p ' l'nstman Kedalc. . I 1, e Storage Hat. i:,l: Hern Ceal t 1 MdicotuJeliiinon K.-.e Cr.e lt pf . ... Tim IM pf Famous l'lReis J.. a Famous Players pf .-, Fed Mln A Smelt pf G1 'i 11 FUlier Bedy 1 22 2 , Kl3lc nubbr 13U Ieepert Texaj.... 23 1 Jen Am Tank Car.. 71 ; Jen Am Tank pf .'12 , lienfral Asphalt.. . 68 ' .", ijencral Asphalt nf.13 Cc-n HakiliB pf 'os., I, ijeneral i''Bar 61 "t 'if neral Meters. 13 'a C ";. ner.il Meters pf. 65 f. (Jen Meters del) if H' ". 7 i.'en Meters deb 7 9''2 . . C.lidden ( e . 1 ' 5 ' , . . (ioediieh It P. "SH 7 Goedrich H K pf 81 Oranby Mining. . 32 3, 7 fireat Northern pf. 95 ' 1 Or Ne.h drc ctfs . 41 , ijuantuname Sugar llV r, duant Sugar pf . . 4' c.ulf States Slcel 83 'i Hablrfbaw I'.lectric. 2'i 7 Hurtman Cerp .... 85 '2 . . JUndee Mfg 72 ilouaien Oil. . . .8 2 Hudsen Moter Car 22 1 Hupp Moter Car . J2J4 .' Hydraulic Steel . . B1 . . Inter Cen Cerp 1 'i . . Inter Cen Cerp pf . 4 2 Inter Cem ICng 29 7 Illinois Central 115 (, III Cent pf A. . . .114'; . . Indian ItcP.nlnp., . 8 ' Indliihema Jtef . . 4 Inspiration Cen Cep 4' G Int Mtr Marine pf V Inter Nlckel . 18 inter Itap'.d 2a a i;i.j Intermit Cement 33 .. Int Great North wl 2VJ . international I'aper 60 G Inter Paper Htpd. . . 78 . Inlneib!e Oil Cerp 141, hen Pred pf 103 Inland Oil. .. Iowa Central.. . . 8 Iren IveduutH . . 39 .lewel Tea pf . 60 . . .tones Hros Tea . 50 Kanaas A "Julf . 21 ' 4 K1111 Cltv Se pf 53?, . . JCnnsaa A C.ulf 4 5, Kayaer A Ce new 41 Ka.ly-.Sprlnstleld . 45 11 'a . 91 .119' 49 J, . 99 . 96 H . 99 26; 97 -4 38 49 'i . 3?', .114 f GO -, 84', . 48, . 21 . 89 'i . 16'. . 26 H . 18'. 103d 105 1 OT 21 'i 56 14 J, 88 59 101 U 39 J4 83 110 43 H 63 9 28'i 73 119'i 91 34 r, 1?C 30'. Ill 1 84 7 'j 10' a 65 150 42 ' 83 41'j 122 3'i 16r)'i 163', 101, 40 100S 110'i 3,' r'-'. 50 1 5C4 87 ' 104 2 94 :; 123' j 1100 ' 15 34 V. 87 111 .. 65 'i r)7, 36 4 j7 6"" j 54 ''34 7'i 7R1, 12 74', '4 2r 6'.',i 4;', c3 or, -0 1 11 42 81 - 20"', 40 1. 45 b.l'j .') 4 (1 - 1, 34 H 13 'j ei'i 84 48 'j 84 !4U 30 -i4 65 ve", 33 62 1041J J 3, 14'4 76' 34 "1 14' 4 10"8 91 1 1s 48 ;. 9r.' 95', 99 07 ' j '3B 1Q 49'.; 8 ' '5 9 '?2'a 10 .. &4'4 1, 1 '9 101 ' 105 61 I I94 24 ?T e-H 10'i 00 '4 10' s 107 6' ' 44 85 fr ni 5 c tl ' '2' 'in; 40 8414 84 21 s; .-"4 " I'i 4 1 11 1 1 1 8"i 4 42 17 18 29!-2 31 39 'j 78 14 103 'a 8 1ft '4 60 10 25 n 58 4tf 45 45 1 IS r M 22 56 14H 88 j; 59 102 -1-39?; -85 110 44 ! 63 q -28?, 73 - 120 -93 -34?, - 127 50 !i- 11? -f- 1 1 B ?i 7'. ; 1 9 ' -, - 65 130 -44'i -f 83 34 41 "? :- 123'; 3'3 167 163'J - 20 - 4 n : 101 - 1 10'; .12 c s re'; ' 58'j - 87 U ' 104 '2 , 91 -2'. 24', 1 '00 141 ?5-j : 88 116 V-' 63!; - 57 S, - 17 Is, -f i7 R7 i - 54 m; - 76 'n -79t; 12'4 -75 7 -J- 21'; 21 -e4 -4 0 f 7 -: -1 I 83'j ' 63 a; - J6 i2 : 9?;- 1 49 Va ' 42U u 814 1- 209 9; -r 40 ?; -! 45 ?; - 64 77 ? 4 'a-: G -7'j 34?n ' 53'- , 95 85?, - 48 ?i SOl-S . 99 84 V 24 H 30?, : 65 0? j 1312 1 62 -, 105 - 14 u!; 76!, . 35 4 4 142?; r I 1 II -1l9a 42 n 99 ; 96 -. 99 - - 25 4 - 97 '2 14 33 - 49 '; - 138 136'i - 39 153 - 90 '.2 84!; 48'4 21 89 16!i -23?a 1 6 14 103', r 105 01 122 'i 13', - 23 i -70 U - 102 68 ' - 1 0 1 '2 - 107 81 74 1 15 , 85 - 851, ! 99'.; 1 5 'a r IS'-, -, 85 12 ?i 14 3, -41?, h 11?; - 41 83', f 2 c. - 85 li -!-22 84 - 22 4 224 HH 1!4 4 29 115 -ll-Ui ' 0J, 4 42 57 18 i 29i 33 23 Yt :- 60 78 14 103 i 8 TJ 60 50 I 2S?H 58H -t 4?i 45 45 - Nl I'M. la !4 i' t.I ' Siie. m PTeric nigh 100 . . Ivclly-Spc T 6 Pf 86 200 c Kclaey Wlicel 103J2 Joe .. Kennecett Copper.. 37 bee . . Keystone TAR. 200 . . Tjacknwanna Steel JOO 2 Loe Uubbcr. 300 34 Lehigh Valley.. H ?a Vi n n 1 ii is; lit , y' 6?a ! 1?J t'-l.i 1 ': Ha s 2 n; is 2!i '4 't y MX 1; '. ;; 1 "- 'a 1 '.' 94 3 4, 1 'a 3.i 1 h 1 'a 3',; 3r2 2 ?4 s 1, Ha S 'i 1 U 500 5600 tee 700 200 500 6100 100 100 100 300 100 100 900 300 200 2200 2200 ' 100 9100 0600 600 200 9 79 ?4 37 71 S 64 Ji 20 T.ttna locomotive I-oew's ine Iift Inc 12U loulsvllle .t Nash .141 S Ixiese Wiles 66 ; Mclntyre new 19!4 Mack Truck 61 '2 Mack Truck lt pf 94 7 Mack Truck 2d Pf 4 Mackay Ce pf Malllnsen Ce 4 Manhatnn K Supp 2 Manbat Shirt . . Market Elevctfs 4 Marland Oil Math Alkali Max Moter Class A . . . Max Moter Clas H S May Tlcpt Stores 07 69 38 55 41 S ID 41 ',; 50 '2 60 19'a 1 34' 12 Mexican Potreletini.192 'i 6 Mex Seaboard.. .. 20!-: fi Mex Seaboard Oil ct 18 2 Miami Copper. . . .20? 23001.20 Middle States Cerp. 1 3 MUlvale Steel 34 '2 Mln & St Leuis. . 92 M St P A S St M 75 M St P A S S't M pf . 93 Me Kan A Tex (wl) 1 MeKAT'wDpr 48 Missouri Pacific 23! 4 Me Pac pf . . . . ,. 62 Moen Moter Car 14'a Mentana Power . 73", MontBemery Ward 23 Mether Lede Mlnlnp US Nat Ulscult 15' '2 Nat Clenk A Suit .50', Nat Cen A Cable . ! Nnt En & Stamp 6? 1 Nat I2n A Stamp pflO? National Lead.. ..108 N O Tex a Mex . . 7 Mi N Y Central 98 'i N V C A St L.... 88 'i New Yerk N 7t A H 33 New V01U Out A W 27 '7 Norfolk A Western 124 34 North American . 9i Nertli Amer pf . . 40 -North American rts 2' North I'aelllc... . S't 1800 300 r.oe 100 100 200 900 500 300 100 100 1400 1000 100 100 1100 100 300 2C0 1600 100 3900 400 1 200 2200 400 700 2400 500 100 Neva Scot In S A C Ohie Hndy A Hlewer 100 2U Ohie Fuel Supply J7'i 7 53 900 . Okla. Pred A lief . 3 500 . Orphcum C rcult .. 214 100 Otis Stee! 10 '1 800 2 Oivena Het Much . 394 400 . Pacini' I An el Cerp. 3 14 300 5 Pac Cas A l'lec 84 100 . Pactile Mail '1', 2500 .1 pacific Oil 184 100 r, Pacific Tel A Tel pf c0i, 4200 6 Pan Amer Petrel . 31 '4 1800 r, Pun Amer 71 77 '2 4100 2 Pennsylianla 11 Jl . 47 500 .. Penn Sf a beard Stcd 7' 200 .. Peoria A Hasbrn... Z? 300 .. Pcre Mnrtpiette.. . 3T 200 3 Philndelpbia Ce 44',; 3800 2 Phillips Pet 14', 1000 .. I'leioe-Arrew Moter 1 1 4100 . Piotec Oil 7'i 100 . Pierce Oil pf 45 2500 2 Plcdy WlBRly Slore 46 'a 1200 fi P.tts Ceal 71 ', 700 p.tts A W Va . . . 3T, 1100 0 Pesttim Cereal. ..102 3200 s peitum Cprcal pf . 110'- 200 .. prepsed Steel Car.. 00 300 7 Pressed "-trd Cnr pf105 3500 .. I'reducers k P.cf ... 48'; 1500 ,; Pub Ser or of N J 9.3 7700 T'ullinnn Ce 38'2 100 . I'unta Alesrn Sugar 49H 2100 2 Pure UH 331a 700 i; Hallway Strel Spc .120 100 Itav Cen Copper. . . 165, 4800 4 Readme 02 "2 200 Heading 1st pf 54' 100 ' P.eadii.K 2d tif. ... 54 300 HemiiiBleii Tvprw. . . 40 100 P.eplegle Steel 33 'A 2800 P.epub Hen A Steel 7 1 "j 200 Uepul) Ic Moter. ... 4 100 lleyneld" Sprlntt" . 261; 7800 1 llej-nnpls Teb U . 58 100 r P.e.inelds Teb pf 118 21004 It Itejal Dutch N V . 58S 100 1 St Jeseph Lead ... 15U 600 St Leuis San Fran 30', 100 St Leuis S Fran pf 54 400 s: L Southwest pf. 51 400 Saen Moter 4 1J 1 0 Seaboard Air l-lr.e.. 7 6300 . Soar.x.PecimoK . .. 93'', 100 Seneca Copper .... l,'; 20015;', Shell Tianspert. . 40 100 11 Shell rnlen oil pf A 96 6300 2 Sinclair Consel 34',; 1400 . Shelly (ill 10 2 500 . SleiB-Slu Uleld .. .. 51 2300 u Seuth-rn PaclRc... 94 "2 1400 Southern flail 27 100 Southern Mail pf... 64'- 1200 Splcer Mlp 203. 4100 1 standard oil of CUI116' 700 , Standard OH of N .1186' 800 : S'and Oil of N J pri 17 100 .1 Sterling Pieducts .. 5 1 ' '. 300 ,1 Stewart Warner Spd 48 .- 100 1 StrembtrtfCaib.. . . 57 ", 16200 In Stlldeb.lker 132H 100 7 Studebaker pf 115'v 300 . Sub Beat Cerp 6, 5800 .. Swets Ce of Amer 3 '7 400 . Temt Coin A F "A" 1 ', 6100 :i Texna Ce 4 'I 1300 4 Texas Culf A Sulph 51', 200 . Texas A 1'aclflc ... 32 S 5Ji 1 vexas tt Vac C A U -0'2 100 . Tidewater Oil 129 1400 f. Tobacco Products.. 58 '2 4100 Tobacco Pred A.... 87 i 3500 Transcontinental Oil 15'; 400 fi Cnlen Hac A J'aper 77 1500 Cnlen Oil 19',; 2900 10 Cnlen Pacific. .. 153';. 100 7 Cnlen Tank Car. . . . 1 14?, 300 2 Cnited Alley Steel . 18 400 . Cnited Draff 82 100 . Cnited Pnpir Heard 15 100 Cnited Itwy lines.. 14'2 600 Cult Ilwv fnest pr 32 8200 Ctiiteil Uetail Stores 85"i 200 . . C S C I P A Fdy. . 34 200 C H Feed l'reducts 6, 500 . C S Heffman Mach 21', 1000 . C S Ind Alcohol... 66 'n 600 C S Jlralty A Imp.. 00'; 6900 C S Uubbcr. ... 5dj; 500 S C S Itubber 1st ptl02j2 200 3'j V S Smelt HAM pf 48 !4 53200 5 V S Steel' 106 100 .. C S Tobacco 63 Ji 1400 2 I "tali Copper. . .. 70H 4100 . I'tah Sucurlties . 21 j; 2000 Vnniidlum Cerp.... 52 100 .. V.i-"nr Chtmlcal .. 281; 100 'u Car Cbem II. . 21 ?4 700 Viarleu Inc 13 900 Wabaan 131, 1600 Wabash pf A 34 '2 100 I Wells Farpe Fxp . 79 h 700 7 Western Ulec pf. .110' 1400 Western Maryland 161-2 300 W Maryland 2d pf 24'4 200 Western Pacific ... 19?4 400 fi Wi stern Pacific pf . 63?; 300 7 Western Union Tel 119 600 1 Wf stlriKheusc A I!r102!2 2100 4 WestlniC JJ fv- .M 64! 100 . Wheellllf? A L K . 1 4 ',2 800 2 White l-,ai?le OIL . 294 eOO 4 Whlte Moter . 50 H 100 .. Whit Oil Cerp 8a 200 .. Wlckwlra Spene Stl 14', 600 Wl.ly Overland... 7!, 1400 Willys Overland pf. 47 "t 100 .. Wisconsin Central . 31', 200 . Werth Pump A M . 44 100 7 Werth Pump A.... 90 Ui-dlvldand t Ki-rlfhti Lew 80 103Ka 37!ii e?; 79 37 7H'a 64 19 12'4 141 ' 66 19'. 6014 94 87 69 38 ' 55 41 H 5 4 '-4 40?; 50 H 57 18?, 1334 188?, 19J4 18 29 X 13?i 34 , 9H 75 93 19 48 23 U 61 ?; 14 73?, 23 I 1 ', 159 59 ', 2!i 62 102 107 H 71 '-2 98 "a 88' j 32 1 - 27', 124 91 'i 46'; 25!; 88 '2 37 i'i 7 53 ?Ta 23 t; 101. 3914 34 84 1 ' '- 58',; 904 80 76 'a 46 ?4 7'a 22 Ji 19 44 52?; 11 3; 7 41 44 v; 70'; 39 '4 100J, 110 09 ?; 105 46 94 135J4 49 A 32 7, 119?, 161, 81 '.2 54 !2 14 39?; 33 '; 70 3 'a 26!; 55 'a 1 18 57 "i 1514 30 ; 54 51 4', 7 1, 91 34 II li 40 96 33 4 10?, son 94'. 26 34 64'., 20i; 115 1 84 "2 117 53'i 48', 57', 130 '2 1I5'2 6 '.2 1 1 4US 10', '4 e ' fc. 129 58 87 15 76 'j 18'j 112 I 14 17 i, PO',4 11 14', 12 H4'4 34 , 6S 20 . 611, 80 I 102 48 'a 104', 63 69 V, 19',; II 84 214 '24 U 14 1101, '5', ?4 '9H 61 118 102 63 4 14 ?'i 10 j; 81, 1414 46 1 1 Ji 44 90 1:15 Net 1. JI Chee. 86 I03'j .. 3794-1 a 9 's 79? r Ji 37 !4 71Ji - '4 64 - J-i 19; i 12'4 141 - i G6 19 !4 61 -! 1 STOCKS ON LOCAL EXCHANGE SIEAOY 94 ! 87 69 38 4 55 -41 ?i -54 Ji ! 40 -S0J4 51 U - 19 H ' 133 li -192 r 20 ! 18 ! 29 "a 1314 34 4 f 9? 75 ' 93 19 -48 23 M 62 14 -73 ?i ! 23 r 11H- 161 ! Lively Bidding for American Cas Sends That Issue Up for 3- Point Gain Trade Bread V steady tone in the stocks dealt In ten (he local exchfttige gave way In the ! later trading this morning te Mime Ir j teKiilarity. ' calm eclng made of IJ points, while losses wrre recorded of ! IVj points. Trade wna ECnttercd pretty I well ever the entire lln. with the litlll I lies the most active, the group holding firm for the most part. Mvcly bidding for the f.hnrf9 of the American Ons Cempnny sent that Iksup I tin for a :i-peInt gain te 118. Tractlena! gnlns wcre also t-cered by Union ri Tac Tac teon nnd United Ons Improvement. ' rhlladelphln Traction, Philadelphia i llnpld Transit nnd both Issues of Phila delphia Ulcctrlc were unchanged; Pennsvlvnnla Itnllrnad was med- ! erntcly active In the early denllngs, but i the price cubed off te 4(J!i, representing a less of a quarter. Lehigh Navigation j Was marked up a similar fraction. I Weakness was apparent In American I i Stores, which sacrificed Tj. nnd l i Hrill, which slid oil a point te eJ. 1 An nctlvc demand for Tonopah Mln lug set In fliertly after the epcnln a 'y 62 -102 -1074 - 7i : 98 88 "a -32 'i ' 92 a 46'i --3J4-89 37 i ', 7 i 53 .3 23!-2 u io?; ie?; 39 j; 3?; - 04 f- , i - - 58 '2 -90'4 , 81 54 77 14 ' 47 7 ', - 22?; 39 44 -54 14-11J4- 7!'2 ! 45 -44?, -71 39 I'i 101 - i lej-a ; 90 105 i 47 H - 94!2 -137'2-r 49 Vs -r 33 '. -119'. -r 16?, 82 54 H - 55 -40 33 !i r 7U4-- 26'4 57 !'j -: 118 57 3, 1 & '4 30?, 54 -51 4S Via 92 ' i: Ji- 40 -96 33?; -10?, -51 -J 94!J 26 'i -64 'j 20?4 : 11 5 -r 186J-J -,-117 5312 4014 -57 4, 4 131 Ji -1 1 5 14 6 h -; 3 li f- 1 48 H -51 32j;- b;2 129 -f- 5BJ4- 87?; - 15 76JJ -I "i I53',i 114',, ; 37?; 82 -15 -14)4 -12 85S 34J4- 6H 21 I 6.1 i RO ! 17?; . 102 481, I05H , 63 ?4 ' 70 U iOl'j 51 M '- 23; ; ?n4 - i2a4 - 131, 14 'J , 79), ! 1 1014 1514- 2414 - 19a 63 j; -I 18 10214 1 6414 - 14 '4 9J4 ; 50 4, .(. 6ii 14?, - 71, 46 J4 1 3 1 14 -44 90 -;-BJi 1 en which the nriee was lifted te ".va. n new high for the issue wince the jear lll'.'O. 'The shares sold last jcar as low as t. , Liberty issues figured conspicuously In transactions In the bend MTtlen of the exchange, without any decided cliange in quotations. S Philadelphia StecJa 1 15 I" M. (IS Nat chr. r' ?. 1 I . I S 1 J4 5-4 I'i IS HTi S:,s 7S'i lU-.U in". :ur;8 :nf's Wi (IS ir, r.i"s H. '4 l'-2 High I.1TT 105 Am Cas.. OS 05 liO Am Sirs. .IIS lj'li it) Hrill .1 ... o e 220 Klec Sler. '1S'! riOUfUeii .Mtrs. 15 M0 Lake Siii. 'i .'10 l.cli Nnv.. 78', 1 300 retina It It 47 le I'lillu Ce cum pf.. W'i 1.15 riilla Klec .'UTa 1!)7 de prcf . . " 1 tk V.75 IMillu It T :!I!ii 5 I'll I In True OS ".OfUeading.. Mi's lOOTone Min. -,:,s 100 I'liienTrar 12 10 i: (J I 5l's Net ehanK" " a'l te leinpanmn with last aalc en New Yerk Meik l.xelini: riiii..iii:i.rntA iienii.h 500 I.lbertj 2d 4'mk '12 21MX Libeity 2d IUs '12.... J.'O Liberty 1th t '"S... :;i0 A'lelery 4-')(s '-'il 50 Victory 'laS called ,'!0(K) Cens True N .T 5s 1000 Cens Trac N .T 5s r.iine Kiectrii. A Peenle's 4s. 11)00 IM1II11 Ulecttlc 1st 5s. .lets 100 $50,000 METROPOLITAN EDISON CO. Reading, Pcnnn. FIRST & REFUNDING MTG. 6 BONDS Due February 1, 1952 Redeemable at 110 and interest urj te August 1 1931, at 107 and interest during the' next ten years! and at 105 and interest thereafter te August I, 195 Earnings ever 2 times present interest charges en total funded debt t PRICE 100 AND INTEREST Yielding 6 FRBK OK PENNSYLVANIA STATE TAX COMPANY I'AYS 2 NORMAL FEDCRAL INCOMJ-J TAX Detailed Circular en Rcqtiert EtVblslyBres. &. Ce. BANKERS IA21 CHESTNUT STREET PHILADELPHIA Members Philadelphia Stock Exchanei "1 riNAxriAi. J4sKj 1'3 52 I iN'L'-f- MT8" s- k 7S4 J lOTs Vs 4nvi -li niig.. ni'hi.. :.:!'.. os .. 28 Vs 12 51 :,l 100.18 1 lOO.U'J I 100.74 I 100.00 100. 1'0 81 S5 71 LOCAL MINING STOCKS TONOl'AII STOCKS lil 1 Ciah Ilov Jim Mutter . ." MucNttinRrft Cretcent ! Mblw&y I ,Mlcp4h Et Mentana ', Ner .Stat ' rtrjcu Uuls. . . Tonep4h hJ).tPnien 1 t lOnd Wen Ten .il:i .OH .07 .04 .1'.' .11'. .tin 1?, Allied DIV lAltn DIV , Helcl.er li..1rh ! linnuli t'lv lui.' V.i l)lv Cen . . . f TJivHt-nil Jfiirmill . JxlM'3. Mhir KI.ib .suitirlund 'Ien 1U inn lUuli'l. Vlcterv l)lv cule DIv . .ene n- 14 i a.', l.P."i i U I VIDE STOCKS ne'j '" .. iij I ' 7S I' IVnnth lemb Pinu riickvrjnclc Warn II 11 Klernce (Jiililf Cen . i Held JK-v . llnlilf D.'oe Oreat Henl .lumbe I'.xt I lpanfiH iMnn Star Ore Ucl Hllts SlUer l'lcli lapearhead . tl uj HJ e; il ill li j u -. ... .0- II. UJ OOI.DFIE1.D SHOCK HI itl Ii.l .1)0' i in .un'j Ankcd I a .0T (IS .or. l.i .QT I'J Oil 1 I 2J 04 .01 ej 01 .01 u7 HI II. I III 112 mi 01) III I J J -s 111 I I.I (I.I .1(1 or. 'I.! Ill "I III ill .-,1 .11.1 III te Tiir, nei.ni:if of ruwr MeurriAOK nvK rrit cunt ir.',;) oei.o iiendu or unsNniuc eas & vvv.i. cemi.n, Vntlre la hereby, alien te all tieldera fit Heii(l of the KennelMv- On, nml Iftiel Coin Cein tmny dated na etthe tlrat 1hv of .Nevemter. IdlS and paintile Neiemlicr I. lf4,1 nnd vhlcli re secured hy ilepd ef trilat dtd ns of .Neitnbr 1. Ill 13 nnd gljen hv Ktnneh; a and i;uM I'emjiany te The Trnten Trust ' nnd fafe Dtrealt Company nf Trentnn. New i Jeraev, fint In nceordanre with ii tirovlalen In mid deed of trust the Ivennehec uaa nnd I Tuel Company lifts rxerclaed It, option tel rnll all of tile niiiftnndlnK bends laiued nnd I ecured under anld deed or trnt for r"demt. Hen and nrttwnent en Nefmbrr I. I!IJ.. I iind that en and after aald dale nil InWaat I upon aald bend" Blinll reae ihnt upon th , prenetitatlen and surrender of anlu liends and nf Interest coupons tliereen en Nnvinber t. I 1112.'. nt the office of Trenten 1 'im Company. Trenten, New Jerrcy. aald I enda and the , matured Intereit coiipena, teccther with n premium of I'lic Per Cent (r,"c) of the prtn ' Ipnl of aa'd bends will be paid te th tieMera thereof KUVNUtlUC CAS A rtTI. COMPANY i Ilv IlAltvnV n UATO.V. I'rfsldent. Pnted Aiiciiatn Mlna. , AURijat 2.1 1022 te Titu nei.nKiti or rii'Arrt.M itr.rrtr-' Tenir.s company rin-iT nertTOAu pix run cunt (jni.it nnxits iiatuii j APRIL 1. 1010. ! Netlre. Ih tierpbv Klen that the Oneral "efrnrterlea Cenipnnv hna elected le redeem I nav off and retire all Its eutatandlri; rirt MerteaKO Sl Per Cent (told Henda dated April 1, lt'te,. nnd due nnd inalin mi; en April 1. 1021. nnd aiib"oe.iientl n.crete at the, next Intercut period thereof te wit. October t. 11.22. In accordance n'tn tne. nre- l!ens of aald bends and the Mertens aeciirlntr the reme at one. bundled arid two and one-half 1102'4) rer cent nf the p,r alua thcreer nnd accrued Interest te October 1 1022. I All heldern of aurh bend" ahnuld preaant i Iha miiiw for raiment te thla Company en Octebt. 1. 1P22 Interest en the anld henda i nhajl and will ceaae from and after such1 dute. COMMEIlCIAt. TUI'ST COMPANY. Truata JOHN H. MAhON. Tresldtnt. September 1. 1P"2 SUN COMPANY i TKX-TEAB SIX IT.lt CUNT SINKINO FUND (iOI.Il ItUIIIJNTI iti: miMis Netice Is heretiv cticn that pursuant te i the Slnklns: Ind l'rolslen of MeMc-ir. dated May lat, 1!U0, prunesaN wi I t r I celled at th of c- of Cnmmerc nl Trust j ' (ninpnni. Trustee uity jinu .-iinre rum I ilelplita, ter tn sjie te tne Trusn c iiemter 1st. Iii22. of n anfflcient nnm 1 ends, tn cenanmi the sum nf S2I0 ! I the Slnlrlnc I'uml. nt u. prb e net te . t par and accrued !nt"rMt The ila'u Is itsperiel te reject am r a'l riepci's In whole or In part Propeanls cheu d b- sei'ed and markel "Proposals for the sale of Htin Ceinpam Ten-Year Sl Per Cent Sinking rund (Jnl.l Debenture liends," and be presented tn the undemlsned lfire 12 urn k neon en Wed ntad.iv Pcnlemtier 27 H'22 LO.M.MUllCIAI. TltrsT (IMPNY. Truatee. JOHN II. .MASON. President. Grand Rapids & Indiana Ry. 2d Mtfjc. 4s, 1936 Jrice te Yield 5.20 Baker, Yeung & Company 40ii:ril V. M.IN Jr.. Jinnajr,, Land Title Dldg. Boiten Philadelphia GILL1 jL07Sy STRIKES en the railroads, strikes In thi mlne3, but no strikes In thi Phll.i. building Industry. Desplts the great activity, our building program Is pro gressing rapidly. If you ned a geed building or fine Invest ment, build new. JOHN N. GILL' CONSTRUCTION CO. Commercial Baild'ingj, Fecterin, Vnilifntieni and Smilltr Weik Oils llllllilll'i; rmi.Mii.i.i'im of Propetvaln.. 1 V I?. 3i Vs Amctre I Ariz United C.ilcdunla . . Cundelariii .. Cmma MUti llllll Tep Jlutuku Crocs iJIurek.i JlJllv llcela J Murali iMeth'r Ide . 'Nev Jfllla . Nnv Wdcr . , Succe-i-i I l finpa Jim I Vo.cane ..... Whltu Caps I WlU.ert . . . MSC'UU.ANUul a 'il ii.l us lii II.' Ii.l 0 en 7 mi in .IJ U.i UJ . 'ii I 01 in ji oil IIS .III 12 il J U.I 1 '-il 1 I2j ..'I .is .UiisT'i 'Il .nt;J4 niiai 1'. 17 .12 .14 01 KM ,JS J2 .4 1 4l .IS .'2 ;t:i .i.-i vs. I.'i .0(1 Us LIVESTOCK QUOTATIONS ( lllcicn, fc'ept 11 CATTLE Itef. . pis. 2 1. 400 h"nd. Mew. cholce and prime Leef hteera h arce, about aleady, ethrr cliiIem nesk te l.'ir off, qu.tlltv plain IJ.irl top beef pi'-m, .tl MviKht, ia7i pounds bulk M narle beef hteera of quality nnd frfuh conditions te sell at M "il in :5 Wean i n KiabMcrs In liberal supply. inesil from Mnn tana and the Daketaa aha Meck aicady te ieak cirl (eelltnr weak en lower crades beef cewi .ind helftra, bulks ajrunif te lhc MffliHr cil cle9 DjienlnK larifeK 'r ini eirlv. 'iti.ility censidered: hteckera and feed I era veak te un.'n'y lower bulk beef cows . nnd helfBTa H.10fi7 25. bulk bolemia i.uih lift 4 'f. Inillf i.il rfllt',. nrmin.l XI" HOC18 Jlnoelpia. 40 010 liad. Market alew, around hH-ndi . lsni?2l(l-lb. hes most IV J I.TtfO.3.1 Tep Ifi 110 bulk, 2.M'lf JUO. lb. butchers. SO. 1 OW It 4(1, bulk uoed 280ifU0O lb. buUliera, is SOQn.Jifi, bulk packlnK auwa IU.POW7.30 plea atreni: te 2.1e higher most poed rliiH. B 2.1 JfU; heavy H. Infill 20; me ilium, I (in V II .10, llKht. $11 4eW.00; Unlit URhta jf.K7.HJH 2.1 packlns; aes, amentb. I 4l null 1 .", .ni.ii.r. nun' i u.iiin oil LijW il hd kllllnk' plKH. 7 TSftti. 1 I HIIEUl'- JlHcmiUH. 17.IHJII .Native laniLs - i openuiif Riiuiib nti'eii) ..c iiian-i , puciters a alew te mart; bt ilieliu trimmed natliea. . ia 23 te Bhlppers. .'urlv cltv butcher top J J13. one lead Wsatcin lainba. SUMiO. beat 4 held nleut SIS. talklni alead en aheen ' t.uppl llaht, feeders (Inn ; 14 ' 3.1 3i ' 1'4 iioiieroii or NAttiiuinii ti nkkiai. I'l.AYl.UOt Nil IIOMI OI' iftii. I healed propesula lUl be ret.eled b Charles . .eei, ecreiarj or me noieuan nf Narlierth, lennslanla. at fiU ntllre, Ulm Hall. Narlerth. I'ennsv l nni.i ui tu H o'clock I'. M.. .Mnnd.ij, October 2, ia22, for thirty thousand (l.'Kl 000) dollars llnrnnch I of Narberth Playsreund Impr'ncmem liends or 1P.'2. inene pemm win i.n dated aukuhl 1, 1022. will be of the dennnilnaitun .f nn theunand (11000) deliara eai h. will lieai Interest aemi-annunii a; the rate or and one-half (4iv'.l pel . n um, . : uiaturti as re'inwa 1.1000 AUBiist 1 1027 MOOD Auunst I 1 i,l.. I.100O Ailk'liat 1 IH 17 ir.OOO A (must 1. Hi I. J.1C0O Almust I, l'H7 J.100i AUKUSt 1, 111,12 These bends will he In coupon (mm a'. miv be reslstered as te principal. I'rliiMpu and Interest will be free of anv tax or taxes ixcept succession or Inheritance, laxea. new or hereafter lolled by the Commenweslth of l'ennslania A certifled check for two (l1",) per centum of the par amount of bends bid for will be required of ull bidders The ISo'euBh Ceum II teservea tha rlaht te reject any and all bMs. "al Ier fun'.ier Infonn.itten nrply tn Charlag V. Neel. Horeush Secretary, Narberth ' I'ennsjlianla. IJUIWKTMUNT Of I'llll if WIIHKM ' Itnnm Sin, Clly Hall lfillndelphlD AUftust 1 H123 Sealed proposals will be i- eW'a at room J1R City Hall, until 12 o'clock neon, en 2llib iln. uf s,rl,i,t,ilier. I0J2, und opened at ti, s4iiie time for ItemedeltnK and Imprevlnc lulldlna iwelfth and Heed streets for TialMe ' Snuiid llureau of Police. 1. I'lectrlc I.lnhtlne Wera 2. Kteim Heitlnir Werk, fipeclllcanens. plans arid ether Information , Titf ,i1e!',,Ivur'J,rne'"m, et c,ty '". l8lBne.ll riUNK It CVV13N Director. Beles s-Westwecid Member's Phila.jSleck,Ezchanda INVESTMENT SECURITIES' -T-' LandTrrls Bld., Philadelphia! PHONE' LOCUST 471 We Specialize in Pennsylvania Municipal Issues Biddle & Henry 104 SOUTH FIFTH ST. ICU ll.VTHi riiei'OSAi.s ion simivi ...L.'"V .. " "iierrneiixtri Depot. 21st "'", smiuui. ne. 1 11 a lelphla Pa . ! bealed proposals In trlnlicate wl? 1. ,T jelled heie until 10 A. M (Standard 'i,n. r Bends for Investment Syfgftliuni I'ren Rtqutit The National City Cenipariy -erncea in mese thm nm erriM IHildenda 1. rltUbnrgh, !'.. Hept 11 -H0as--rta. nlpts 7.10(1 head Lewer Jlc.nie,, ) r, fl'.Ml.l. Jieevy jeikerH, 110 20310.10, llh Ji workers and !!-. 10T10 10 7; I HHUUP AND LAMI1H necelpls. 4.100 ' head Steady Tep sheep, J.7.6U. top lambs, li ' CALVES Receipt". 1000 head Hither. ; ,TeB' "' ' '' Kaat IIuiThIi), N. V., Sept. 11 CsTTLK ','1 Ilnelpts. 230O head llutcheis' Krad. nil ar.e bluher. shlpptns steers, JR(n 73 but. h . era. 7..ini3ti..l0. yeirllngs, je & II 1 11 leif. 'I 'irs miGH'Ti. rows. S2 25'30 bulls smr. -a 1 sinchers ami ieeure jnt'ii a, nesn ' nnu spriner. nuui"" i.ane eiva leceipts 1; Swift &. Ce. te Call Debenture Notes Nmv 'VOTk. S'Pt. U -Il Is understood that Hwl't .tt Ce. will in the rear future ca'l for uavr.iei I their two Issues of outstanding doLemure 7 Per cent netea one Imue of 140 lien 000. maturlnir Octetvi 15 19.". and iri.i of 125. 000,000. maturing Auuat 16, i:il. and that in thla centiei iler. arratiga minis haia ten madn with their bankera te put Sut a new lasu. of, $60 000.000 or 6 per cent netea for a almllar natura. Thla ierundln will net only reduce funded debt bv $151000,000. hut alae will substantially redum the cemrany"a Interest chare-. Eastern Steamship Calls Stock lloateif, Hept. IL TU Kaitirn Steamship BANK CLEARINGS I DIVIDENDS DECLARED Bank clearings today compared with cer- nucyrus Company, quartsrlr H n.r ej.n. responding day lest two ye,l". ... en preferred. rayabU October 2 te atocker 1022 1021 1920 1 record September 20 l0 ,10clc or noaten. . S37, 0(ii), 000 131,8(111,114(1 J32 Mi. Ids I Tha Lnperlal Tobacco Cemuanv of rn. Phlla. . 04,000,000 68,000.000 77,770,403 I Interim I'i per cent en erdlna?v ahar.t' xr... r. ";;'f.v.j "?. .'". nnuai 0 Liverpool Cotten Company' director have called in th IK.TSQ ah area of t per cant cumulative prtac- 5 IteVS af parrl30. payabl. wlu, dlylk M "S Sis "-..--'-, 'r-C mm aecUM a 01 uaia Bnie i lelverpeel. Sept. Jl There was a reed demand for spot cotton tediy, but enlv a moderate business was done with prlcea steady en the. basis of nil advance of 24 iKilnts for middltni at 13,05cJ Thu sales were (WOO bales, Tne receipts wera U0U0 bales, of whleh 300 balea were, Amerhan I'utUMe were ateady tn the early deallnaa Spot nrlcea were. American, . middling fair, H.2M1 oed mlddiitu-. is.ajit, tMi m d dln, l.ld inlddlliur., 18.08dl low mli llnr. IS.SSdt aoed ordinary. il,78d. and erdlnary. 11, 2$ a. .1 . per cant en preferred, mores. nj.f.l.i. u .- . MA ..M -..--...., ..BU.n nntiiBuiia-r u Aicurerv nieni. nni.,..i.. . - - , f.rrnd. navahla On.nhi. n ." ;'.,."i"i . ?:' September 20 '" nw el r,,Jur" MONEY-LENDING RATE8 .NKi,,V.!,K"Mer.5' n." ".I. he'h cas of collateral, opened today at 4 per t. nt ter lendln and renewing ,v' ""l . FHfrUKLPHIA c.ll. 4Vt r e.nti me. je v per cent; commercial paper', i lllllfl head Steady. $31711. i II nii'I ItecelDta. 11.2110 bead l.ln ir. :- lower Heavy, $11 23H.7S, mixed vorkers I light erkers and p'ks, Jlofivie.lO, reuk'hs. i I $11 7.l47. utaas. Mif.1. I SHKUP AND LAMIlfl Receipts. Tjnn head, 2.1e hlnher. Lambs. $(l314.2S l-nr. Unas. $(110: wethers $7tT7 60. ewes, I tl 60, mixed sheep, JB.50'ff7. I Reserve Banks' Discount Rates Official redlacnunt rates nt the tire.ve ld eral Iteserie Hanks lira as fellows' Treaa. Lib. Cetn'l Dkra. ctfa. liends Hates Accent nnaien . . . New Yerk . Philadelphia Cleveland . Richmond ... Atlanta ChtCUKO . . St Leuis Minneapolis . Kansas City Dallas ... Han Francisce 4 4 4 4 4 4 4 4 4'i 4 411 tA s' 'i ( 4 ll 4'5 4'j 4? 4 V" 4'4 H 4tL Us C-. 4's -M. 4W 4', 4', 6W I V 41-. 4', 4'i 4'i 4'5 t; ,1? 4 4 4 4 Crrtalrr-((ff Projecli Corperafon Ulrst Preferred Dividend Ne. 5S v ... ,Ne": Y"'1' Sent h 1022 N ,t t'e Is berebv t...n ..... ... .... . f Dire, ters ,l0 ,, ,',, , ,f, ,. ,1 , ,,:i Mseiiiniv tiii'iirni or huh nml tlirrc-.nurt.rs per ,,iit,i (a'"'; mi tnu riin IrnfniMi tl'tk or ,.. taln-teed Pre.', is i ..rpT.ratini? , able (Id. 2, Wl!, te rira Preferr.i" MocUle.deis ul ie'u,ra ,' " . '",'."' i!,.,nrr.v.w - W-2 l?b.cirS u-i ijiii cu. ROBERT M NULiON. fcecrctarj-Treanuier Ctrtam-teed" Preducd Corporation Second Preffrred Dlrlilcml .Ne-, 23 .sew JONt h'ct.t. Jl, iniiM Netice Is hereby k-ncn HnVt ?i, ir' . et Directors haie 1 deUare" this da J ?7 ,2 twentj -third quarler.y dliklenu uY nnd three-qnartfra p r i ,,n ?l en the Kocend Pref ,'rred ', i? 'J ''' taln-teed Predll, u Crr, ", .T.'nn ' .l er" able Oct 2. 1032 li) sSi ,"' '' Ste. khelder. or r... ;,r.. .en? Jrcferred ----: -i hi. I riti . . . . U. buslnns Kept lp inanea, iw- Che u ,. 1 1 - 1 $ uennnT it NiJLse.w Secretarj-Tninurer. BOUGHT SOLD QUOTED I.ehiRli Power Seciiriiicii Cs, 19!. Umpire Cas i& Fuel Cs, 1926 General Gas ci Klec. (is, 1929 LehiKlt Power Securities blecK BAUER, STARR & CO. Land Tide Itiill.hn. I'lillaal MP"' New url. Olll. e. 2 Rrrter eirrn Wirccf 'ntate 7fJejii''ie "" Ofleu HEHBEBSOB & U Members New Yerk and Philadelphia Stock ExchaW 1512 Walnut St. Tim ruiLA'tKLPiiiA j-i iitimIT HrOll thcsln,. l'.':''l.T,,U Domestle bar' allver jmbw lars iDflir. ,ierei. rr' BAR 8ILVER wei unchinsed In Yerle today, at CfUc Per fin ounce; HrOll (.'liraliiut i.i;;'(',u,,(' t Philadelphia. I'" . AuiuVi 1 1 ,, 1Aie Heard of Dlreuers U0 ttii.' I02 lared a quarterly dividend .,,.,,hl,..'1!y ! enta a snare) upon tte nrVf.rJ. !"""( 60 tockef thla Company pfvaMl",1 '"'" 3, ItlM, te Bt.'ckhehl.rs frj 'e'liber t WILSON PRICIIBTT ci rcofeATii) 0. nexn AMI STOCK lS.relt. liflll"- ?"" ,. ,, ITTE S ATH1N.S I .-sij . " "-: rf Hrth Awetlcan BuJdiet. " '-q i Ji r 0 .L. iiir. llll.l).l I'HIA Illfii,.,. Phllarialnhl. I..V" . :?"." te 111(1 JIIMNUMS AfsHT .... u nn li." - i nrif, ,":,,1,iv i Y s Ii.l) l-ne)l,lil a II i eu.it.it HiH Meat wrote very . , : leriiliiK Hie I'nue in -- ,,-rhli li ,'Jlie Heard eV CreciV,, haeSi!,1. Iu- ateca or thla (SAmiUnw -. vs..iiiiien cap tal I iiauiiaiu ei c .'""", .., IB, ltrt, te aikn?ldr,.,)3,abl Hetile-Aber , bound " ".'.""p.'J It. XfU. ULiKi VAirL"!? AuSusi Head Ferbee'1 letters In t . rt .. LUCAS. Tieaaure", '"Mike U a Habit." vtdv, s r.. ' - . !.'.'.'-S. ..!lu.1.,"c7..,n.,!'h'Ct When "-. "'.nil :-.' ,i, ten Habitant or a city "'""',"'.'", nu .V.'J !", aib.4!SM&!.5 2viJi: Av . .".'