'-' ; -' .&& r M " mi EVENJNG PUBEIO (LEDGEItmiJADEl4PniA; MONDAY.? SEPTEMBER 18, 1922 eiraraiBraKTOii!sa(iii8Pa ESTABLISHED 1865 BIOREN & CO. BANKERS 410 Chestnut St., Philadelphia Government, Municipal, Railroad and Corporation Securities Vr iftei ' Phi dun ';' 1 e ' 1 ( j. !', hi fciiiiiiiiiirv.i SPECIALISTS We make a dependable market in all issues of UNITSP STATES GOVERNMENT SECURITIES COMMERCIAL TRUST COMPANY Member Federal Reserve Srstttn City Hall Square iTei "TSrid. I - Jt.3 W ' ;.r M.EWBgTHp . Galveston, Hcasken & Hendersen R. R- 1st Mtge. 5s, 1933 Puce te yield ever 6.10 Chic. R. I. & Pac. R. R. Eq. 6s, 1932, 1933 stamped Price te yield 5.60 F. P. Ristine & Ce. Widener Building, Philadelphia Vev erl. I nlmUi V X. Utmlti c -- it .i adtiskki Penn Mar teal l.t . Oct.. 1939 Yerk Kailwnvs. Nt ."is, lU.'iT Jeffersen H. R. 1st '.'.-s, 1JI29 New Yerk Connecting lt !'.?. 19311 Grand Rapids & Ind. Nt Pj, 1911 Michigan I nitt-d R. Nt '. 1936 Elect rie X. People- N. 19." Carthace & Adirondack Nt Is, 19S1 WestuiKheuse K & . 7-. 19.11 Montauk Ktensinn Nt ."j-, 1915 Leliifih iv New nrk Nt N. 19 1 j Western I'enns-jhani.i Nt Is, 1928 ISAAC STARR, Ji?. & CO. 16th & Sansom St-.. Philadelphia tf.tft ; Mfniber- I'd iliilelnhi i en Jiirk l n.i.m M I : it HORN & HARDART CO. OF NEW YORK COMMON STOCK Stock Allotment Warrants New Stock "When Issued Bought Sold Quoted GARRISON & CO. WIDESER DUUOISO. I'lllt ADEI PHIA Rl MIMUM rwidt-jim - tirii.p r ,l Ywk Sivk El' .ini ' ra wi-Tr'-irrrrnTrniTrTM imiii-m ! i Indnnapjlu Water w-ik, -c b PJ-J-J Phils Rspid lrin..t Ceman 5 , 1957 Wilmington 0i Crtripsi 1 1943 I .Atlantic City Cjj Company 5i 1960 i Buffab A. buiquehaina R K I i 1963 Illinois Central Traction 5'j 1933 Portland Raduay Cempenv S't 1930 Southwestern Gas & Electric fi'i 1922 Pennsylvania Company Ser. "E" Si 1952 Citizens Gas & Electric Ce fi'i 1931 i American Kailway Lempany All Issues j Union Traction of Indiana . All Issues Public Strvici" Lerp r J All Issues Indianapolis Water Wk. ",n. Pfd. Stk. SAMUEL K. PHILLIPS & CO. Mtmliprs rti id.-ei-, ( III - BOND TRADER Wanted An opening a future fei a h. Bown & Company INVESTMENT BONDS I -if ut-tin Itiilldlnr fitli "v ( lii-etmit -tru-l. 85 -- SCHOONER FOR SALE ! I Oil- 111 built in.'' PsK K I ten" Kim vatiir la ) Ml enp n j tlculem ur It J ,LA BANQUE NATIONALE UM.IIM I - Mi Stockwell Wilsen & linvill WIEQNEt.,GOEVaCO. Certified Public Accountants Drexel Building, Philadelphia MOTH NK.VK.S i. MUCH TALKED OF REACTION OCCURS Turkish Situation and Other Unsettling Factors Start Gen eral Selling Movement g New Ynrli. Sept. 1s-The long-talked f of mill thr lenc-v nited for reaction rj lit-uiint' ii ren1It in tedii' sleck initr fktt 1.iwch from 1 te " points m woie vntniiiiMl by nil tin- leading merit H lame fmorite of both tin- mil ntni c3 Industrial division. Thern worn n nutn s j ber (( disturbing element te help tin 8 ilmwiwiml moienicni along, but the . ul h ':; rj a H IT'.i'il'1 1, i.? cronter influence in ferrlnc tln tern'- ' lien lnv within t-he market ltelf. It I" 'miiHit'Ij culled teclinii ill i eiiditlmi. i Inr '111110 few d.iV4 thorn wn ovei' ?lll i ii-eiit of mi ntorlieii:ht i midillnn. The hnke down tndnv ronievod nnv linger ri" .leubt n te tln f:irt It was plainly i nl in nil nlene the line loeliipmont oer the wcik end in i 'e lnv l..it situation, with if mi- . T'le.i'.int pii-ibllltie, with n drop of i neniU n coin .unl n half in sterling,! i miid i."ie huie beii enuntpd upon nil- , iiti'i,: t'e list. Theie were otlier di i linn; f ) tni -.. including ilie breaking I .tt .i t gntritieti bottom tbc Vew j Vui. iiiitnl iniii llie irlkins phep- I nie'i n'. - thp i-bfin: down nf the l-'erd j iil'iii- 'Pio.e cunt ( diitvlliitteil fei "t.i mil tl" whole ninrket structure nnd I i .it( i in 1 nod profit -t.il.itn: Sm It pi i ni i ' i '-i" 'nteiied bv the ilenr- i (",t III in a'lell- of 'iMOIIlpt of peel te i-iil.ii I 1- imk the old -ten w lien nil li inn-. I'n-.i i ii . the sniue thin at the s.in.i- t-tin i ipi , , i-nmding ei m.ir ki t Mir. i - '1 ' ' i.iif-. howexer. wete 'ii 'In p -mi -,iul en'i'ih . nnd I ini" the in. ruing (Mn'i'inlh the tii.ir- K( r a l.i Id eM pi Iniiid Indoed. it w i Iroie npnviui; ilie bl'i.ik- el e ' tiit vlint'iii- i mi w..nr cotiiiei ins tlie ii('iiiiitntn " ' 'I in In .ii la .in i.i-i'i a I.inv ,i.i.i i. .i.im-t i he nil : U-t .it 'h' t-i t ll.iilrejil. ! i I. iiu; i nt and e.l iiwi mii' p.ii-i. iliui li.ini nt. nut '! iiitlie in.ifke' i -1 1 1 .t -lei,, r- nfferii' finr n'i atoiied ll.e room I in c uinri i'il peel h.pudnt. in ii- I'oier- j H'd tin' i.oililies a- t.le InelllllU I'H'- I tiosseil and le-M'x of - te ne:irl ." j e ii r- woie -ttM.iined lirfote neon b ( ni-nlid,itei t!.i, Stuiiebalii' Vii'h' Ai.ierian. I'rucibii' Stul. I'm'.f Si . id. I'.etld. lu'in A. lien I'redm l. T'ihii I ink piofeirril. I'esiiiiu ('unl pi ''ii I Twin fit Itnp.d 'I inn-. i I- -i t'l A. St indard 1 1 of t'.ili- i '' i' II"Mil Di.tfll and Mem. .in IV. i ' li Knik iifieit'il ;i lit tie iimi i ' - h'l.itn ri-i.itioe te Mdlm;; pn .s n . j '.- inni;iliL' l'le. n latKi' ft.o'iei I'. i"iiiit Short fineiin.- .urn a s p of Ti mw (Jtilt Sulphur in i ' i.'i. -ti'nduil the uiaikit toward ' i i il fraotienal rallies tuMilteu . ..i' . of the list. I BANK CLEARINGS K' en- pir,,l n t . lll.'l l-i.il $71 n '. s:.iw i 41 ;i'J0 mill 51 v! . FOREIGN EXCHANGE New Yolk. Sept Is Piuth en no ne ni : of tl." oynfu-ed and tiusettlid sit- ' i.a"eti in rmi.pl' aim the iiitbioneo-u-i. illy i i"fathe in the fnreiitn e- oh.inse m irket nt this nnie of the ,e.ir. !. upeninK 't1- at cm-nil decllui-s. i in tlii' viiiple evpptlen of Norway. w 1 .i h w.m di'iil' m en a nominal hisi. ! erlmc -larted down p . ; Pranev down ' i Relsi.in- ilnw'i " -. ' re down ',', ; Sivl'1 H" i s: p'-nti-i down A . Dan h uewn 1". Swidish down ." , c"..'tier, down In ti-l 1I..HK-, dew -i '.. . In the las- wen. ' te d tr.idin; li:. h- - louured te a ,n'.mun n a- t .nake tl-i- (pioratieti-. '--i -isnirleanr t- an v.ui.'d tippea' irem tni- fpiotntien- i In tin- i nnd liin.r e'' biisine"., tli" ' iippiwi iable ehimsi - in t lie se-I tiled alljed :-t;es ki-i-e ralliei of a' I tit in frati's and of P. ,m P.ilsi.m-. I ' i f ti.re f he -n.-irk't a rout -I mid- li. w i- tin- w . ! i -1.1112.-- in ;, tii-u- - i, d - - i -.'ttle i ui n. al pii- ' - ti. i'.- -i (,i- tat , n- St, Imc - i JI '' l1' i I-, i I IP , . f ratio i - T.M. . i-,7'i.":' . Pnlvi.tn ea - - - 7 11 . . - - 7 In 4 , llr i.ible I 17. . In - ks J Hi . . st.'Ider cable-J- i i-J. heck-. II- .'.) : in.-rks .ml l. '-titral I" ii'if- -'i i-v a inges were .it- v iieniit.nl teiJti; en aoeounr of th; .t.-i'tlnl ti'djt'eil l.i i lepini; out of " 'ilutar' i ulIip-M i. f iJtioeo ilreeks --i.M.-l .i .. . ..f ;.ii pe,nt-, but. a--ti'ni tn.s i-xi-li az i- imininal Pel-.-li .I'd Kitn aii m who -i -limit low or. ' in n ii ! up ti ti.n tien Mnl .' ' i'i .i- li" . It .1 iiiiin. Ill Si rh- - 1 In ' ' ei l 'i- no-Slovak i' '-'" I .'- iteiti. !1." : Poh-li. ni m, !'-(!. -I . 1.' '.'ii, Au-trian. ')0U' li .11.' 11 ,11. mihiI '... The pr-''ii'iiii . Nt w Yerk in Mnnt ral today wai -(! per cent offered. '1 he iiisi-eunt en Ouiindian funds m N-w Yerk v.ts 1-10 per rent. --rl ntnY - t-r.OfitNr; gfOTATIONS -i-r ntf IVari-- I.lri- Gui i.rii ' I m li inp li i tik-p Tl II, -III ... ."' 1 f' .' i ; I 4 4.', II-, -,;', i in1 :is ti 1 T- TiJ -' 4 1 . - , ir DIVIDENDS DECLARED - 4 Wl. 'fin h Si-' Ve'k it ,, n l.rtt'r'' '.iji- p.i'atiij ic-etif ' . ' rwe-il pi-pliTnl- r 3n. t' H'lenl l-lnanc- Cemr-it - lujr'frij 1' '.; en prcferrtd A. 1 ir f-ent or. -i -T.' tJ i.n-1 10 centi en cftniiir-jn, pav. nli in'f.hr 1 tn stock of record bi-pn-mbr .1 s.r-.dl 4 e-ii cer cent. iAyjbl n com r en i- k a.Ee en common ter,i InK'-r Ojr '."orscrntlen quar'u-lj- 2S csnn mrn'iri nnd ft 75 en prfrre-3 betn i - ti-rt'-rr.bi'r 30 te i-mlv ct r-erd t,T iAr jTi ' i Parkirn- Ce-nrany mcr.ihlv r i- i r f-onmen hi,4 iiijnrt'.rl 1 , p r- - pri-f rri1 rerrrnn 19 payab'ij lc- -rt j m-i-k ' !- 'i 'it-; -enh. r .lit. I -i.fi-rr-"l I'fut. r li i-,r. yf n-rnrj - r - 311 .. I - li iiif I I I I I National Bank Call as of Sept. 15 isblnjrten, .sp' is hi- 1 i'nptrr.r."r n' "jrr-n- i ' Ax i"jl ,1 in fjr tn-s con ' n 1 TWi'i r u tnrn-1 hi tn .01- rf s 0-, i 11. si.ptijrnbir 1 t 'n i r rodent and 'h- la. 3 man. LIVESTOCK QUOTATIONS I'iits'iiireh. '., . t-'pt is HOfl-ni- SOAfl' Hail's !( .".H ' irlli 1 h !" .1,-i'i ID '.11, . Kb' ! ,. ..ri.l plm. SI" I.IW l'l IO mi F.i- ami r.A.srn--. n cpn ioen -ul J op iney .ej 1 tu imbn, , I (1 I '. i:s r.fifttu. :i 1:00 hai Stead I i:n.t II1UT.1I11. Sft 1 fATTl.B -R- I -tpt -'-O hi-Hd f-trnnir te l-'c hlirner ship-1 . 1 g n'-or tilll (te J.'i buturirf It W'K I i 1 : tnr'tnKB i ."e-u 11 !n hi- fi SM '.e - i ew- IJSr.'iO-". bu.li II .'.flS -' I 1 ,1 , iin wl ffulT" t.i W n .'0 fri tl, enn I , r ' I M" 1 H l 1 l'l ' -! . rn 11 l e 'I I.- .t-i V .aim 'ew - ."''J 1 1 SH a e-t I j 1 ' - . jinrj- riiiipt 1" .'in hfa-i lm nt , :, iiulur 11-iim I'.i luti I" riitu I 0 'I'. .1 in 10 reutln iT -".li 7 Mi m tl -iil-.ri' aMi I.AM H1- 'I 'T'i line i ui riu-ir ur, 'Aim. .t-r.tun: y -', , :j i'i r-i v n tv 1 4irvr t . f j ' ur. I .an I'" 1 '" I--1- I', 'i 1 !. 1' n-tr.TK . i. 1 mil 't'i CERTIFIED PUBLIC ACCQUNTAiVTS Lsnd Title Cldg., Pbila. Cottonseed Products Repert Mil -.Illinium. - J1 rr 1, r" I w Ith it is ti -ni--i"l r 1 u.n'il - - r.-r 1 -. is.sjij lnll( .U SOS tern .n Ausrmt lnm - 1 unmiit I uti'j win jurn nl 111-1,1 11 m mill ufarti'tfil iiilu'tnj i'1-.'il. oil 1311 l-nund, cull p.ilnl 't Hi ."1 .lipi I 'i imu-t lai" vi-ai , ! tlniil 1 'l 1 fc 4 77 1 im.i-ii uiui in iii-j -us ijiif . ,t 1 - jj ! W H.il- " 7H Is Ii i s I . il UK I' I UIJIIi'l J ell I Isll I III ,:..l unit lit-1 i- ,11 V f O i . II PHI 1 ttl.l lltlt J 11 111 11.1 r .tinlH nipmeil w Hi 1 li'n l""i i-iiiin n llOrt 37ii '..I reunda. compiled wllh 15,1 U07 lw. Llnters, "wrlM durinr AuBU.t weru 411)0 runnlnir Imlea, compared with 7S8S. NEW YORK STOCK EXCHANGE TRANSACTIONS Only Afttrnoen Rtpert in Philadtlphla Quoting Full List Ills Sa1e in 830 ,. 100 4 -J400 .. 200 .. tee . 3200 4 2000 4 200 . 403 .. 200 -I 3000 . 100 7 1 80 Net r M. Ch. 76 - Ji 59!i-f '-i 14S- H 2i .. STOCK Hlth 1.0 .r 76 59'i 14H 2JS 1 83 'a 56 Ji 39 Ji 45' 3 82'i bO 109'i 185 'a 29 'i 138 112'i 35'j 13', 37 U 58 121 48 4 112 119i 7" 20S 62 Ji 43 81 4 41 '2 64l 123'i 3'i 160 -s 156 22 '4 SO 93 93's 32 Ji 17 46 33 ' t 4B 60 116'j 1044 93 3n 119'. 31 36 89 i H2H 56 39 '2 4 57 18 '5 1 '1 1 1 1-5 1 18J4 24', 2!'2 117 97 'a 134 . 468 6 ' 10 Ji P 85 eC a Q ; 147 6'4 41 i 8P4 3 '4 47 'i 02 75'i 3?i 5'a 60 64 14e 33'j 50 ' 92 Ji 82 4e'e 92 i 1 03 'a 88 106 23', 30 y j 63 ', cS 334 15'4 1 1 1 J 3 -74 37 u 78 li 138 (a 10s 85'2 1141, 49 '4 101 87 25Ja 97 Ji U ', 36 ' 52 21 i !38!b 134 115 2 38' j 148 86 49 e- 114 j 5 '1 ?4H 17 95 'a 104H 5E', 95 13Ji hi'i ' 2 63t4 80 H 1 . . Adamn Express ... 77 4 Air Kedtictlen 59 '4 .. A'ax nubber IS .. Alaska Held Mines. 2'a . Alnska .Juneau G St 1 H 4 Allied Client & T)ye. 84 J 4 Alllp-Cbnlmers 57 'j . Am Aitrlc cbeni... 39U . . Am Heet S'ujrar .. 4514 4 Am 11 Sh t-My new. 83 . Am Can 61! j 7 m Can pf 'lOQl-i 1 Am Car & Fdy. . .1.187 . Am Cotten Oil 29ri ,S Am l:priS3 138 7 Am lee 114 Ji . Am Interim Cerp . 36 1 Am h,t France Kns 3H Am l.tnseee 39 Ji .. Am Linseed pf 59i it A-n l.oeomotle. ...122!j .t tn MetaJ 48!j 7 m Metal pf 112 4 Am P.adlnter 119H Am Safety ltazer . 7 Ji . . Am Ship & Cem. ... 20 ' . Am S'melt 63 1- 3 Am Steel Foundries 44 'i 14 83'4 56 Ji -39 Ji -45 'i -82 Ji -60 - 101 Ji 185 "2 -29 S 138 - JlZ'i -35!i-13i 39 W f 58 - 121 -48l'j - 112 1194 7!a -20?i -62 'a -43 - 81 4 - 41 'j 64 i -i 123H -3? 161 - 156 -22 i -50 -03 -97 -32!i-1934 : 49 Ji ' 53 "j 48 -60 - 1 6'i - 1044 -93 2 '4 119'i - 3. -Je -89' 2 - UZh 56 3P8- 1 I. 1 Ji Ji "a Hi Ui P.4 5 2Ji 1 j; i Pi 2 Ji 600 400 103 1700 600 1100 2200 930 4100 230 100 100 100 1400 2800 4500 400 1300 103 bOO 4100 700 1200 1500 2000 200 7000 300 2000 500 7600 00 100 200 5100 600 100 1003 200 6403 300 16Q00 5500 8500 503 100 3000 200 10J 5330 100 503 1800 200 100 100 100 400 500 6800 103 103 2803 200 ?00 00 200 5000 tee 400 200 800 203 100 200 J00 03 700 ; joe j830 1000 400 13600 200 500 103 100 200 200 100 'OJ V00 JeOO 100 4400 100 eOO 103 103 10500 300 00 3800 3c:-oe 600 n500 100 .'00 200 200 200 00 '00 jr,0 -00 100 ..CO 00 '203 CiU 0' J03 eOO 200 5400 100 500 100 4900 400 3900 0J 40T . -POiJ 3j r.O 00 100 1300 TOO 100 300 tee 3500 Q00 100 100 J 103 1e00 200 )00 100 100 500 3200 100 100 'J203 ?0'J la ir 24 Itt a i 3H Hi 3 3 24 2Ji ' 14 Ui 2H 1 1 2Ji ni Siipar lief. 82 m Sumatra S Am Te. it Cable. . !i Am Tel & Tet. . . Am Tel & Tel rt 2 Am Tobacco 2 Am Tobacco B. . , , . 43 . . 64 1 24 Ji 3a .161 ,.iS8 1. 24 5 . Am Waterworks.. Am Wntrwks Ci 7 Am Wntruks 7rp 7 Am Woolen .... pf 52; p 93j; . . . 99 U . Am Writ Paper pf. 32?i Am Zinc I.d i- Smelt 19- m X.lnc l.d & S pf 49 Y Miacenda Copper... 54 Ann Arber pf .... 48 1 Ase Drv Goods. . 60 ti Ae Oil 1 16 2 (. Atcli Tup X. San Fe106 S A tell Tep a S F pt. S3'8 Atlan Hlr i Atlantic 24 ; Atlantic Coast Line. 120'j Atl Ctulf HV I S S 31 Austin N'lcbels .... 37 Ji T Austin Nichols pf . . . 81 Ji 7 Baldwin l.ocemotlel35 Baltimore ,fc Ohie . 57 H.irneilal. Clas A.. 42 Ji 1H 2 1 'a 3 Pa 3 Ji 'a 2i . Batepilni Miiilnt;. . H.i-. ul, Bies. . Hert hunt Packlnsr. 5 Bt-thle urn Stei 1 s Beth Stin-1 s."r pf. 5 Beth Steel B . . . Brit Ku Stei-1 . Btoeklyn 1'illsen. 57 40 J i 75 113 76 U . 14i .1 19'2 18 -5 II 1 77 141, -118 - 24 'a 21'a 117 9;', 134 '2 46 , 7'a ' 10 a - 11 85 02'2 - 9'i 14 Mi 41 4P. - 81 'i - 39 Ji -47!'2 -02 75'i 5Ja t 60 a - 6 '4 . 14 34 - 334 -50' 4 92'2 82 Ji -46',, -92'2 - 103U -88 - 100 23 "a -30 -98 ' 2 I3'j -bb 33 14 -15J- - 1 IP4 - 3'2 74 37 Ji 78 Ji r 138!i 10H -86'2 " J14!i 50 101 Ta r 07 -25 -97 Ji -14!a -36 (a 52 '. 21 Ji - 1 38 J - 134 - 115!i -38!i - 148 -86 - 2 1 1J4 1 Ji . Bl.hn It.ipid Transit 25 r Hkl.Mi It T ctfs of db 21 '2 s Hkln t nlen 5as. . .117 7 Brown Shee pf. ... 97 'a 1 Burns Kiet A 134'a 2 Bums Biej B. . . 48 ! Hutte fop .1 Zinc. 7 'a 1 Ja Itutti' .V Sup fop . . Cadde en V & P 6 t'.i Ifeim.i PaekliiK I'.ilife.ma IVtiel . .tl Zinc anil Lead -I 1 'a:-, ail Ian Pacific. 32' 1 11 8r. t-t . 'i'i 1." . b',4 . Case .1 I Plew- 1 ate ,1 I ThresMllK mftil lA.itner. . t n I-iathei pf , 1 Yrro-ile-P.isce Vrtain-tted I'rml. ti riundler Meters 4 Chesapeake & Ohie 41 42 3t 81' 40 J4 47 "x 62S 75'j 3H . Chicago & Alten . I hU.iye & Alten pf . 5' . t'lu A. K II. (new) p.' . 1 'hit age & Ur Webi . I'l-i .: tli Wi-t pf Cht Mi! tV St P. 'Ill Mil A- St P nf . 61 64 1ri iJ34 51 "b f -'hi & N01 thwesti-tn 93 4 t hlcaBe I'm-u Teel. S2Ji ihillU J'ac - 47, 'a 1, Chi It 1 A: Pac C'c pf 92 7e 7 f'hl P. I A; Bac -c Pf103'i f. 1 Mil St P M & O 88 7 f'hl M I' M i. O pf 106 rhil- "eppi-r . . . 23 's Milne 1 'eppi-r ... 30 u 1 le 1' 11 C & S I. uf 9e 2 - lueti-pe.ibeily . . C3 ' i 1 i"oca-i'el.i . 69ts 1 el Fuel A lien 35 'J i'e A: Seutl.ftn. ' 5'i . . Celum 'Jas A: Ilec 113 ' I'elum (Jiaphopliene i s t I'umpul Tab I'.ec 74H , . t'oniel Cigar ... ""'i . 1 en I'luar pf ... 78 J a 1 'enulidatt-d Ga" 141 1 or.el Textueh 103 . 1 entiiit-iita! can 85 'j 4 Cern Product Bef 116'j ., - esdi-n .t Ce ... 51 ' j 7 1 OeiU'l .M Ce pf .102 '4 uk b e Stcl 02 Cuban Am Sug.n 25-, 7 Cuban Am .-ugar pf 98 . tuba Cana Susur. 14' ub.i Cane Sugar pf 364 . . Cm1seii Chemical . 52 1 -(-beersi C Mm I-t'l- 21 'i s. Delaware K Hudsen 138! a i Del Lack A. West .134 s Detroit lWlsen ... 116' l.'eme Mine" . . . 38 j t Du Pent (li P Ce 148 -. Kastman Ifedak new 8e'j J'.'.e Storage Bat 50 ... .1 Kndioeit-.lohnson 87 a - i.nd.tott-Jelmson pfP4 2 ki,., - i$r i:r. 1st nf . 247, . Krie Uil Pf- T ll Fameuu Players I... 99h 5 Famous Players pC.104 3a 49 - 13, 87 'a - 114'- - 154 24 Ja -17 -96 Ja -104H -58 T-i -95 13H 66 Ji -33 , -80 s f P4 14', 84 14 84 '4 99 14 '4 7Ji 34H -83 -3J.S4 -13J4-93J4-40J4- 11J4 17 46 -80 - 85 -26 4 -73 80 t, - 21i - 21 - 113 - 1 1 2 !4 - 4H 41 P2 37 33 Vz 28 Ji 30 -24 Ji HOJi -119 I 14 -57 a -17J4-56 Ji -80 1 5 'a 7", i 45 ai -H 19!i r 5?H 4ji ?4 45 la Ai 102 '-i , 36 BJi 168!', - 80Ji - 90 - Fed Mln ii smeir. pi at 8 Fisher Bedy of O pf 95 . Frcepert lexas. 3 fjen Am Tank Car ileneral Asphalt ; Cpiiial Cigar 1 ,011 l-.lectrle W l , -in-i.il Mo'er ,, i;i .nia'i Moter. pf 1, u 11 Meters ili-b I.', - liin Meters deb 7'r . Glldden Ce. . . Goldwyn Picture Goedrich B y ; Goedrich B F pf... . Oranby Mlnlnir . Gray & Dar1 7 Great Northern pf.. 4 Grt North Ore ctfs., nnnntiiname BuC&r 14U b7 fi5 80 11 7 ,4 2 84 84 99 14 7 j 34 H 83 31h 13 Ji 95 41 S4'! 84', 141. 7'i 34S 83 3 , 13J, 93 Ji 40 'i 11 !. 17 46 78 Br) 76 '2 73 80 "a 2P.i 21H 113 H2ji 4 '-i 41 P-i 37 33'i 28 Ji 30 24 lien 119 14 57 Ji 17;. S6-i 80 14?i 7 i 45'j 19Ji 52H 4J4 P4 45' 43 102 '2 36 OJi 168 "a 80 J i 90 1Ui ny Mnhtle North 17 '. Gulf Mobile & N Pf Gulf States Hiee; . 7 Hartman Cerp. . jlendfM Mtg 3 Hemesualie Mining Housten Oil - Hudsen Moter Car 1 Hupp Moter Cnr . 7 Illinois Central. . R ill Cent of A. RT 86 . 27 j 71 80', 21 .'. 22', 113 112Ji . ndlahema Be. - . inspiration Cen ' op 4 Inter Cen "erp 1 i inter Aerlc pf u internal Cement 3i , "" Inter "em Kng 28 Ji ," Inter Haplil ;0 Int Great North wl 24 Ji 5 Int Harvester new. HOI4 7 Int Harvest new pf 1 19 Int Mer Marine . . .1 14'i 'fi Int Mer Marine uf . 59 Inter Nickel... 17 International Paper 58 ?i K Inter Paper pf ntptl 80 Invincible Oil Cerp. I6" '. Iowa Central ... 7'j iron Products . ,c . 47 '.' inland Oil . - ,. jpwel Tea . 9 Ien' s l(res Tea 52 " KaniaH i- Gulf . 4Ji Kan ''"v Seuttiein 74 1, aser A- '"" "ew 45' Iv'ellv-.Sp ingll".d 43 S Kell-tilK 'I ' JjM22"' K'-nne'"" ' upper 36 !j Keystone T k It 3!i 200 103 100 100 100 600 200 100 200 2400 I 400 . 7400 100 21900 400 . 4000 . 200 400 . 3Y . 500 . 800 200 200 200 CO J 100 Kiesge S H 168Ja Lackawanna Sti-el 81 4 Lacleilu Gaa of Si 1. 90 200 ' 4300 200 . n rlalm of J10 ilie rnrperailnn ii- it iirtii i, .iieniinnt'd Rec ver for naner t-iii cuiiiumnuii l 1'irU. -eP' is Ml ,, , r nKiuntrt n In ten . .,u i ni-ni Hmte- l'i'it i ut nis ii i s the beHnl or itliccmrs imnshii i h-mhiu .hn Mill.r far nnd I.'icnmene lerpurdt... ,n nutherlzlni: O II Klttlnifei prrililent iiVeidna T by Klrlln. Wnnl.v. Hiclt. I lh lurporallen te admit theli Inibl u K.aUnir allnrneva for Allca E. Wax I ,. piy debu nd Ita wlllliiKnesa le b. adju harn lli pntltsenlne sredller who alltt-a icted bankiupl, the beHnl of Dlv. Ratra In t fTOCK ltHrU 1300 3H lyehlch Valley 69,'i 100 12 Mgeett & Myers... 210 100 7 IdgBCtt & Myers pf117 3500 7 Lima locomotive. . . 62 Ji 27800 . LeflW'a Inc 23 H 200 1 Left Candy 13 100 . Loese Wiles 63 100 7 Loulsvltle & Nasb..136Ti 1 600 . Mack Truck 58 Ji 100 7 Mack Truck 1st nf . . 94 100 7 Mack Truck 2d pf.. 86 100 G Mackay Ce 100'i 1300 .. Malllnaen Ce 34Ji 200 .. Manntl Sugar 414 200 7 Manhat Kiev Guar.. 53 Ji 1:80 P. M. low 69 H 210 117 60JJ 214 13 63 136Ji 57J-i 94 86 100 Ji 34 41 H 53 53 Ji 40 i 63 li 39 Ji 314 47 58 19 132 18Hi 186 Ji 19J 17 Ji 29 Ji 1 3 'a 33 i 9JS 73 13Ji 1 8 Ja 45 4 22 Ji 60 !i 22 H 14 11 'i 22 V 1 59 4 121 i 2'4 60 4 104 4!8 IfiJi 79 i 83 H 98 38 59 4 31 a 264 120Ji 94 Ji 464 B7Ji P 14 2S 7 22 93 4 150 11 'a 38 414 87 Ji 14, 56 48 3, 90 34 78 H 73J, 48 4 64 97 37 73 "2 44 45 854 50 !i 314 7 43 14 42 4 70 3B4 91 4 20 ' 1 06 4 91 46 i 95 !i 1054 131 46 ; 32 100 117 32 15 H 78 37 32 34 68 92 4 3Ji 26 54 4 56 34 3a 29' j H3 78 32 24 88 34 8 4 96 33 i, 98 10 49 47 93 Ji 26 63 214 96 139 1 'CJi 184 '2 1 163 52 Ji 47 52 Ja i264 69W- 210 117 -60J4-21i-13 ! 63 - 136 Ji - 57 Ji 94 - 86 - 100J4 34 - 41 ii 53 - 53Ji- 40W- 63K- 40 - 31 Ji - 47 - 58 19 - 132 -18 Ji- 186 i -19Ji 17 4 29 Ji -13H -33' -94 -73 13Ji -IBJi -45H -22 Ji -60 4 -22 54 -14 -111s-22'- 159 4 - 121 ;- 2!i . 60 "- - 104 -4 4 164 -79 3 -83Ji-98 -38 -59 Ja -314 -26 Ji - 120Ji 95 - 464 -88 -11Ji -2?a- 7 :- 221b - 300 ., Manhat Elee ctfs... 200 : Manhat Shirt 100 fi Market St prier pf. , 2500 4 Marland Oil 400 2 Martin Tarry 100 . Math Alkali 53 Ji 40 63 H 40 Ji 31 ? 47 200 . "Max Moter Class A. 58 200 . Max Moter Class II 19 300 S May LVpt Stores.. 135 700 '4 Mclntyrc new 18 Ji 10600 12 Mexican retrelettm 190' 300 fi Mex Seaboard , l9Jn 200 Mex Seaboard Oil ct 17 Ji 200 . 2 Miami Cenner 29 4 1900 120 Middle States Cerp. 13r 3600 Aiiuvnic. steel 34s 1. Mln & St Leuis..., 9"2 1 M St P & S St M 73 Me Kan & Texa. 13 '4 Me Kan & Tex (wl) 18 !8 Me K & T (wl) pf.. 45i Missouri Pacific. ... 22H , Mn Pac pf 603 . Montgomery Ward. 22 Jj . . Moeii Moter Car... 14Ji . Mether Lede Mining; 11 a . Mullinn Bedy 22 H 7 Nat Biscuit 159'i 7 Nat Biscuit pf. . 121 H . . Nat Cen & Cable.. 2J's . Nat Kn & Stamp.. 61 4 G National Lead. 104'i 100 100 100 500 600 1400 1500 400 2100 1300 200 100 100 100 1600 1000 200 600 1300 500 . .ac it 11 or SI 2d pf 4' Ncv Cen dinner. 164 N O Tex & Mex... N V Air Brake 82 84 'i 99 38'i 59' -a 4500 N Y Central... 300 2t2 New Yerk Deck... 100 5 New Yerk Der-U nf 2500 . 100 1300 3600 300 2700 200 1600 100 700 100 600 303 . 200 200 2100 200 8903 300 100 3800 1700 7100 1000 100 1200 . 100 1900 100 100 5100 700 1300 100 1000 1300 300 100 200 1 3500 100 7400 1000 700 5100 1000 4100 200 100 New Yolk N II & H 32 2 New Yerk Ont k W 26 i 7 Norfolk '& Western 121 Ji 5 North American. 95 s4 .3 North Amer pr 46' j 6 North Pacific. . , . 88M Nunally Ce ... 1Pi Okla Pled & Bef 234 Ont Silver Mining 7 Orpheum Circuit .. 22 S 7 Orpheum Circuit pf 93' 2 s Otis Klevater . . . .15? Otis Steel 11 , 2 Owens Bet Mach 38 P.u-ltlc Ueel Ceip 5 ." Pac Gas ,t Elcc. 88 'a Pacific Mall. . 314', 3 Pacific Oil 57 Ji Pacific Tel & Te' 48 1, fi P.icltle Tel te Tel pf 90 '4 fi Pnn Amer Petiel R01- fi Pan Amer It 75 2 Pennsylvania P. It 48', Benn Seaboard Steel 6'i 5 Peeples Gas Chicago 97 Pere. Marquette. . 37 S J'ere Mam pf 73'- 1, Philadelphia Ce 44 '4 3 Philadelphia Ce pf . 45 Phllllpi.-Jenes 85'a 2 Phillips Pet . . . 514 Plerce-Ariew Met pt 33 Pierce Oil 7 Pierce Oil pf. . . 43 i 2 Piggly Wlccdy Sto'e 4T, 5 Pitt Ceal . 70 ', , . Pitts & W Va . 38i fi Pitt As W Va pf... 91 '2 2 Pend Cteek Ceal . 21 .1 Pestum Cereal. . 1 1 1 Ji . . Pushed Steel far. . 91 Producers & Itef . 47 '4 6 Pub Ser Cor of N -I 96 S Public Serv cum pf.106 S Pullman r0 133 14 . . Punta Alegie Sugar 48 2 Pure Oil . . 33 !, R Pure Oil pf 100 a 2 934- 1 150 - 3!J I I -'a - Ji 38 - 4 4'i- H 87 Ji - IK 14&4-? Ji 56 - 1 i 48?a - 174 903, 784- 1 , 73Ji- 2',i 48 Ji- 34 64- !i 97 37 J4 - ? 73 'i 44 Ji- 1, 45 - Ji 85 4- 14 50 - 1 314- 3 7 434 42 Ji - I 4 70 - Ui 384 -Ji 914- 4 21 -I Ji 1074 - 3J-S 91 - 134 46?4- 1Ji 95 Ji - 1 3, I 1054 4 i 131 ?i - 2Ji 1 M46 3 - Hi 32 - "A 100 - 1 117 - 5 32 - 1 I4 15H- ? 78 1 4 37 - 1 'a 32 34 - 68-2 924 - "a 3Ji - 4 26 54 "? - 1 Ji 563t 2), 3 9s 29 4 - Ui , 53 J8 H I 3? ' 2'i 89 - IJi 84- H 96 33 Ji- 1 lj 98 - "i 10 - Ji 49-2 474 - 4 93 Ji- 114 26 iJ 63 - 34 21 ii - 1 96 1 39 -3 III - 3 Ji 184JJ - 24 11634-r 4 52 Ji - Ji 47 Ji- 4 52 Ka- 2 4 1264- 34 6Ji - 4 1 1 1 P V ' ' 1 'a Ji JB i 1 'a 1 "- Ji '2 P. '8 2 1 "a 1 'a Ha 1 '4 1 S Hailwa Sttel Spg 117 300 .1 4 1 Unnd Mine 32 15'a 79'i 38 33 3, 69 'a 7100 Bay Cen Copper. . Keadliu; . . . . I'einlncten Tpew. Jteplegle Steel . . . Kepub lien Ar Steel 3300 403 500 1500 100 200 100 . 3100 7100 4 1 100 . 1800 . 100 700 100 1200 , 100 . 300 221U0 200 2300 . 300 . 200 . Z 3800 5200 1400 1000 100 100 6100 1 100 100 200 900 '500 P.ep iron & Steel pr 92 "2 Republic Moter . . 3', Reynolds Springs.. 26 P.eyneld Teb B. 55 4 Bev.C Dutch N Y 56 Ji 'a 1Ja 2Ji 2'a I 'a 6, . . SliNen Moter. 3 ', .. St l.eulh S.iti Finn 3034 St l.eui S Pi an pf 53 ' St Lniii Seuihwest 32 Ji San ' 'ft- Sunar . . 2-)4 . . Sear.s-P.eebuck . . 90 .. Shattuck Ariz Cerp. 84 Shell I'nlen Oil pf. . 96 2 Sinclair Centel ... 34 Ji 8 Slnclulr Cen pf . ... 98 .. Shelly Oil lOJi . . Sless-Sbeftleld . 50 . Se Perte Rice Sugar 47 Ji 6 Southern Pacific.. . 94 4 . Southern Ball 26'2 Southern Rail pf .. 63 4 Splcer Mfn. . . 22 'i Splcer MfB pf . . . 96 S Standard Mill. 139 4 Standard Oil of Call 14', f, Standaid Oil of N .I185-l4 7 Stand OH of N J pf116'i :i Sterling Products.. 52J4 3 Stewatt Warner SpdN47H .. Strembersr Ca,rb 54 4 10 Studebaker 129Ji .. Sub Beat Cerp 7 Ji U 4H ; W I'i '" 14 II 29100 1800 600 1300 300 12400 10100 300 700 7800 7400 4100 400 100 600 3700 100 100 200 100 100 100 500 600 100 3600 300 100 900 100 3500 2100 4200 300 100 27100 2900 1600 8400 4OO 2100 1600 6Ja . . Superior Oil 04 6JiZI61i- .. Sweets Ce of Amer. v, i Tenn Cep & Clicm. . 10'a 1 0 ' a .1 Texas Ce 48 tip, 4 Texa Gulf A; Sulph 58 J4 -"ii-, 'IVas A: Pacific 1 31 '- "i' 1 'IV Si J'ac C A. i).. 26 S 26 C Tobacco Products - b5Ji nl Teb.111.0 Pred A.. 87 f.55 . Transcontinental Oil 14 4 14 i Twin City R T... 58 4 S7 j 6 Union Bag & Paper. 75 75 .. Pnlen Oil 20Ji 2014 10 Vnlen Paclllc 152 4 150 4 4 Tnlen Pacific pf.... 78 7a 7 Pnlen Tank Car.... 114 114 7 I'nlen Tank Car rrf.109 108 2 United Alley Steel.. 38 H 18 Ji 8 United Cigar Hteres175 175 5 United Dyewood pf 95 95 8 United Fruit 152 P1 Ji . United Rwy Inves . 14 4- 131 . Unit Rwy Invest pf 30 H 30 . United Retail Sterea 844 B2 ', . U S C I P & Fdy . 344 34", 5 1; sen' vay "f 7Z1 7?' ..US Feed products 7M ', . U S Heffman Mach. 22 4 2? 4 ..US Ind Alcohol.. 64 eTij ..us Realty Imp . 79 J4 ?b U S Rubber 74 7?4 8 U S Rubber 1st pf . 98 97 .. US SniHlt & Ret- - 42 3, 4?34 5 I' S Steel 104J1 1031, 2 Utah Copper 68 Ji 67 ! ,. Utah Securities. . - . 22 20 J .. Vanadium Cerp ... 51 Ji 494 .. Va-Car Chemical... 27 27 ,. ivaudeu Inc . . 13H 1 2 Ji .. Wabash J2j J2 .. Wabash of A 33a 32 i 1 Weber & Hellbrener 14Ji 13 Ji R Wells Farre Exp... 79 79 7 Western Klee pf.- 107'. 1074 . Western Maryland.. 15Ji 15 Western Pacific. 18!i 184 fi Western Pacific pf 64 ', f,4 7 Weslerii Union Tel 1154 115 t Westlnif B & M-. - ,b3'i bzt Wheeling & L E - 13, 13 1, .' White Eagle Oil . 32 b, 11 34-r 10 Ji ;- 47 56 31 - 26 6" fa - 85 "a - 14 - 57 4 7J -20H 150?, -78 114 - 108 -38 Ji 175 'r 95 H l ?4 H i 4 2J-i 14 Ji Ji 14 24 151 Ji -13 -30 a, -8'4 34 4 -72 A - 74 22 4 - 63 4 -7B -72 4 -97 - 42 K -103 4 - 67 Ji 20'i- 49 4 -27 -13 -12 -32-13'i-79 107 Ji -15 -18 4- 64 4 115 - 63 -134 -31 50 H flJi i 1 4 Ji !i- 43 4 -47 -41 Ji -734 'i '4 !i "2 1U y , 1?a Ji 2U I 2400 3100 200 1400 1800 100 100 600 2700 1200 3100 800 800 500 2000 300 1000 200 100 2J4 Ji I VVIiltH Moter 01 .'a 50 i White Oil Cerp 8 $ ft!,, WiiUwim Spenc Stl 141a 14 J Wil 1 ixerl.tud 7 ' 1, Wl ls 0ellund pf 43Ji 43 Wilsen A ' e 48 47 Weifli Pumn & M" 42 i 41 y. Werth Pump li- . . 73 9, ni4 3 'a K-1l'ldnde. MONEY-LENDING RATES tll.lKII'IIIA i all. tl, r,n (P, 2T drarntetl .. lean te i Th llnli1lttei- an- h,i 1 i i , nf JlOnn rtlnl .iarl ,iru It la atati-'l th-'t nn tiuaai linn' ' in i. lei i em llirei te six iniintrm, 4'i r iitnint it 4S rllicctnrs Msnd u n-milu BAR SILVER "r L'.v.'.rJ w RS ,"a lewcr m Londen lo le ay at SMid, day LOCALS STOOD UP REMARKABLY WELL N Chae. Ji 5 H 14 Ji P. R. T. Directors Expected te J Declare Usual Quarterly Divi dend This Afternoon ii - 14 Ji V 4 1 Ji 1 Ji Ji 4 14 Ui '? 3 3H . The local ninrkcf steed tip well in fucc of the Mirreuiullnp tintcttllnc In In fltience. There was some irregularity nnd sotne yielding nf prices, but the most of storks having only 11 local mar ket held ground stirprltiiiftly mpII. The principal effect of the shnltodewn of the New Yerk market was te restrict speculative netivlty. which in turn, brought 11 pronounced contrai'lien in the volume of denllug". This Indiented n complete nbspnrp of llauidntleti nnd nny tindiip extension of the leittr ncceunrt Most of the stock hnving 11 dual innrket here nnd In New erk lint urnllv reflected the rp.ictlennr.v move ment' en tlif hig beard. Therefore, the drop of nearly !1 points in (ipnernl As phalt : the drop in Klectrli' Storage Hnttcry te 'H''i nnd Lehigh Vnlley'a decline of 1 'Is contained no local color ing or liRiiHitnnce. Considering the repent s-ubstiintlnl advance te nearly the "top" price of (lie pnr. the Hi point relictien in Ainerinin Stoic te lel was net stir in joiner. American Gs. nftpf making 11 new high nt 70. reacted tn 71. but rallied again te 74-. On the ether hnud. the utility group held firm. I'. It. T. made n small fractional gnln at S.Va. The director meet thl after noon for net ion en the quurtcrly divi dend, and il win generally expected the regular s per cent distilbutlen would be made. Lehigh Navigation en small deiillngs 11U0 lnipi-oved fraction fill v in an advance, te TS'j- Pennsylvania Railroad after a firm opening nt ! later yielded te -IS1,. The reaction was doubly itttluenced by piefit-takiiig and backset In llie mil group in the big market. Theio is 11 mewing belief Wiethe hirer t the beard will see lis way i-leiu- In 10-toie the (! per cent rate at tin; next dividend meeting. The actions of the diteilnrs. bunking interests n-eit, will be large ly geerned by the t,ie" leieipts. A considerable pert inn uf the Jie.nd i y li 4 34 1 4 4 W 1H 2 Ui 14 1 2 Ui J'a H 4 4 ZVa Pa opjiescu in inauing an, mange 1.1 mu divitlend policy until Hi" grits iiluin nie uieught 0111 1. 10 mn 111:1 1 piiipor-tiens. Philadelphia Stock 1 il Ni j I1-7I1 1 eh 1' M ihice. .110 Am fin . 7ti 71 7-1' , !U HI." Am Slis l.'i l.'il l.'il U-j 10(1111 A.- O... ."7 ."7 ."7 Lj O'Cnnib Iren -10 -40 I" . . 27.1Klic Ster. ,"iiH, -lit a -Up', -"J4 111 KM Kile I.", I."7, ir.s.-h 1 !en Asph. tU 111 lil liTs 14 In Ce X . 4'J' . I'J'-j l-'-j-i- '-j r. Lake Sup. Si S's S'ii M W I.eh Nn 7, 7S 7-S -f '', 1(MU.p1i Vel . Illl's (if)'., tiOH V'U (KM'ennn It It -111 -IS", 4S"i "'s I.' 1 'en na S.i It S'J K VJ .. 14.", l'hlla t'e cum pf.. 4l'i ll'i -II',.. 110 I'lilla Klec .11 -'U .11 :u--1,.. 2s.". de pi el'.. HI", IIP-. .11 "i U .loll I'liiln It T 1-17 I:'." .1".r-r .KM Seuth w.. 2(iL. 20'-.. 2('.'i i.h KKIT0110 Helm P,1, P', i.. 100 Tone Min. 'J--1 lis '.,:l -fs KKMTinn Oil. 14!'h H's 14; is .v. r j 1 ni:'., r.i; -iij.. L'O du pref.. ."ill u(i el! , K dUMf-ml tn'l.iN t',iml.rli lien 51 Net change mnik li romp-irlsen with lait st.ei uti New Yei 1. &teK Ixt.tia,nKe I'llll.ADKI.rillA IIIIMIs 1000 Amer 'In & FJec ."-. .. 00 JI00 Klectiie A. People's 4s.. 7P lIMMIIIunt ltd Tep ciiis e- 7(i JO00 Lehigh Valley ion li-... 100"s 10110 IVeple's (la-sengei- Is... 7.'!'. IIOOO I'hila (' ion ,r.s in (Kine l'hlla Klectiic 1st 5s. .lets 100 1000 l'hil.i Klei-trii' 1st .".s. 1000 I'hila Klpctric ."is.. 4000 I'hila Kletti-ie lis ilA ' 107 Commodity Markets COTTON MARKET New Yerk. Si-pt IS. DiMpiieting foreign political news offset nil bullish considerations In the cotton futures ninrket eirly and caused an opening drop of IS te U.I point. The Seuth, local trailers and Wall Street were sell ers at the start. News of a tropical storm headed toward the Texas reat, ordinarily htiUMi, hud lit tie intliienie because of the unfaveiable ( aides. The i tilde, New Orleans nnd Japan ese interests bought, but the sHimi; was persistent tilld after the outset pt-it-e declined about 10 ;ieluis below first levels. Fiei ( ..is Opitnuu 1 1' .l ititehct at.-'S L'l, in -iittj lie unilter . 21. -1.1 L't.L'S 'Jl n7 ,'Knuitrv .... 21.? -'1.1-' jh.iii March 21 41 21 in L'l ui May 21 -10 21 13 NEW YORK COFFEE MARKET New Yerk, Sept. 18. While the In- I cnl opening in cuffee futures was ne glected exi opt fur transaction in De. ' i ember, that month was iielne. upon- , mg ul O.eO nnd selling al '.I .T! en n geed i r.i de nnd Wall Stieei deinniid. 2 Hi Ji 4 4 14 H 2'4 2 44 ie Hi 'IK Ui 1 'a Ji liitliieiiceil. pusiuij , ii.t the i-linii ml vance in inilieis prices at Santes. ''1(. official opening was 1 point higher te n decline of l point. Trading in future nt midday was virtually ut n Rtnndstill, with bid prices nbeut at initial IcveK. Itle leperted another advance, but this hed net ether effect en the aittiatien ether than te possibly held back offering, the demand being very limited and the ttnde rather fkeptlcal as te the outcome of the wild speculative movement new In progress In the primary markets. Delivered en lentract tediiy, J.". 000 bags Prpvieu l'Hie ()pn December . . U Ml B.llJfM March .. ... I'MiUM n.siffns May I' is li r.inteS July I' fi'i n 45if5 GRAIN MARKET Chicago, Sept. 18. The political news from Kurepe wns the dominating fenttire In ihe wheat iniirkri nt the opening, nnd, n the dciplepment', ever H 1 24 Ui 1 H Ji Hi Hi H4 2 4 14 Sunday wciu leusiuereu un.i thing but reassuring, ptices nt the Mart were THp te lc higher. There was active buving and prices eiperleuied further sharp gain, while Winnipeg was up about Je, There was no evidence of any activity in expert circle, but the trade argued that If there Is te be a war, It will mean mere buhiness and higher nrlepn. Ji nnd there were strong indications of mere eutblde buying. Cem stnrted Vjc te '"JJc higher with wheat nnd en Bjtlve bielng, nnd eats worn ',i0 le r,e higher. Previsions were neglected, hm the undertone was firm, owing te the action of grain nnd nn advance of 10c in Ihe ll'JgM, i 'urn hai ciem upen 1 p m siptemlir ri"t-inlei Win-lit Bnueinlxir Iim-nitier Mm ... Oata tteptember Drrcmbrr May . . - Ityf Keptaintwr lll-cenitiei Mi"' niha 'i..,i inijai Ui-lelier Ijiril Oi tebe r . January ma. r.74 v 110 4 111 li I (ll 1 b'i'i I 'il', 1 2 t-i tl 1 ''.", I Oil 1 UIJ f 1 Ufl 1 OH', i mi" j 1 tu', as i, .ni', :is'j I I L - rt'lal ti,ipi I"r cini l 'ill i 'HI III l.'i . B.UO New Jersey & Pennsylvania Municipals Ixtmirt from all Fedtral Ineem Taxes $200,000 Tawn of Nutley. N. J.. 42 nda Due June 1, 1925 te 1957 Te yield 4.30 $200,000 Villaga of Rldgeflald Park. N. J.. 5 Bend Due July 1, 1926 te 1960 Te yietd 4.40 The gbevc arc a legal investment for Savings Ranks and Trust Funds in New Jersey and Tax Exempt- in that State. $200,000 Northampton County, Fa., 4'2 Due February 1, 1952 Te yield 4.05- $100,000 City of Pottsville, Pa., 4 Bend Due April 1, 1952, Optional April 1, 1932 Te yield 4.05 The two latter issues are a legal investment for Savings Banks and Trust Funds in Pennsylvania and New Yerk and are Tax Free in Pennsylvania. Complete circulars upon request Harris, Ferbes & Company Pine Street, Cor. William, New Yerk WidenerBuilding, Philadelphia NEW ISSUE $100,000 Borough of Downingtown Cheater County, Penniylvania 4 Per Cent. Scheel District Bends Dajfd October 1, 1922 Intereal April 1 and October 1 Coupon Benda $1,000 each, with Prevision for Registration of Principal Subject te Redemption, in Whole or in Part, en Any Interest Date after October 1, 1937 TAX FREE IN PENNSYLVANIA Exempt from all Federal Income Taxes Ne Certificate of Ownership in Collecting Interest Required Legal Investmenffer Trust Funds in Pennsylvania FINANCIAL STATEMENT (aa officially furmahed) Actual Value of Taxable Property (estimated). . . .$3,500,000 Aaaeaaed Valuation (1922) 2,492,530 Total Bended Debt (including this issue) $140,000 Leas Sinking Fund (Cash Sc Bends). . 5,650 Net Debt 134,350 Ratie of Net Debt te Assessed Vftluatien 5.39 per cent. Population (Census of 1920) 4,024 We effer these bends, for delivery if, when and as issuil, and subject te approval of legality by Messrs. Tewnsentl, Elliett & Munson, of Philadelphia. MATURITIES $10,000 due October 1, 1927 100.67 and Interest 13,000 due October 1, 1932 101.22 and Interest 17,000 due October 1, 1937 101.71 and Interest 20,000 due October 1, 1942 fl 101.71 and Interest 20,000 due October 1, 1947 101.71 and Interest 20,000 due October 1, 1952 101.71 and Interest Prices: Te Net 4.10 Per Cent, te the Optional Date and 4.25 Per Cent. Thereafter Harrison, Smith & Ce. 121 Seuth Fifth Street Philadelphia Biddle & Henry 104 Seuth Fifth Street Philadelphia Tim Information mnl MatlMlm rnntairnt herein hava been obtained from eurc whltli w btl!et- te he rellab'e Gwynne Bres. MnT3 New Yerk Stock Exchmte WE take pleasure in announcing that en September lfl. 1922, Chaw.w M. KEAKKS and Rnrajjx p, WnxiAua, both of whom have been associated ivlth u for many years, will take ever our Uniiatad and Inactive Securities Department and trade under the firm name of Kearns Sf Williams with headftnarters in our offices at 61 Broadway New Yerk Telephone Whitehall 3750 We hope theie who have favored ns with such business in the past will continue their relations with this new firm. Jfie Tetk, September 11, 1922 Gwynne Bres. Gulf Oil GARRISON & CO. WlDtNlR BUIIDING, rillUDUPIIU Beles e-WESTWOdl) Mcmrjcrs Phila-eeklchanfla INVECTMEMT SECURITIES LaridTiTlem-, Philadelphia PHONE' LOCUST 4721 Mlwilll rtiillll'fM. Si-wk Strk,R fi Vth tiMb tichiif. Tun., m PmiittllMiil J,., IJH S-'lll ,,, M7J C S. PATTON & "CO." Ill A ( III1 i s-rs BANKERS t . .. .".'U'essiira tn IteiuN Mini Unrl,,, l,nn,ht "nil s,,ld Mimhrj. J'h'if. wmei? V,. h. .T i Bend w .'-s.'ii M .(
Significant historical Pennsylvania newspapers