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WW mjv LIHM J,iHi?"?-lwa"s
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22
!
'
EVENING PUBLIC .LEDGER PHILADELPHIA,, )MOSfDt SEPTEMBEB'4Br .19212.,
V
i
.1 I - '
HEAVINESS IN OILS
r
FEATURE ON CURB
cuum; Standard of New Yerk
r and Imperial of Canada Shew
'-I, Decided Less Durant Off
tfStvf Terl, Sept. IS. The Curb
, market developed considerable heavlncM
f after the opening, especially m the oil
'locks. Vacuum Oil yielded a point;
'Standard Otl of New Yerk was down 1
point;. Indiana yielded ever a point;
smperlal Oil et Canada was down '
joints'; Angle and International I'c I'c
jtreleum ran off sharp fractions. Sitnms
tPctreleum, Mutual and Maracaibo were
;1Q lower.
Durant fell nearly n point ; Timkcn
Heller was down 1 point; K. II. Mucv,
after yielding nearly a point, recovered
later; Philip Merris was heavy at a
.less of n point. Retail Candy and
Carle Syndicate were fractionally
lower.
COMPLETE NEW YORK BOND TRANSACTIONS
LIBERTY' IIONDS A&D 'VICTORY NOTES
Rants Since Date of Issue.
IllBll
102.50
101,40
101.08
101.80
100. SO
ine.tu
102.ne
101. TS
101.40
ioi.eo
ion.ne
101 oe
lOO.Krt
101. 8(1
11)1.02
100.1)8
100.90
Dete
iy 22.
July
July
July
July
July
July
July
July
July
July
July
10
I. '22
S '22
211, '22
24, '22
2.1, '22
14, '2J
20. '22
24. 'a.
24. '22
28. '22
20. '22
2.1. '22
Julv 27. "
July 211. '22
May se, '22
Arr. s. '22
1,0 w
SO. 00
fin. 44
S.1.P0
S3, se
81.40
flt.cn
DO. 00
84.00
H4.O0
SI. 40
s.i.ne
ss.ce
82.40
82.44
S2.00
U4.70
U4.CS
D le
June 2, '21
July 11, '21
May 10, '20
May 1(1,
May 20.
May 21,
June 4,
May 21.
Julv no.
May an,
23.
20.
in.
20,
20.
20.
21.
name.
Dec,
Dec.
May
Mny
May
May
May
0
20
20
20
'20
20
'20
20
'20
'20
?n
'20
20
'20
Utah
101.33
101.04
101.09
ioi.ne
100.80
100.(1 1
102.00
101.78
101.04
101.00
100.80
101. oe
100.81)
lni.nl
101.02
100.113
100 ue
t.ew
04.84
114.82
9.V70
07.80
(is.ne
c.vfie
(18. 00
1M1.IMI
IIS. 80
P4.IIH
en. ns
1)0,74
04.72
ns.sn
D5.70
100,02
00.84
Issue
tilth
Lew
101.21
Liberty 3U . 1033-47
Liberty nV4. renUtereJ
Liberty lit cv 4a 1032-17
Liberty l:t cv 4a rec 8. 8. 8. 0.8
Liberty 2d '4a 1027-42
Liberty 2d 4a rex
Liberty lit 21 c-. 414 a 1032-47 100.00
Liberty let cv iU a 1052-47 100.53
Liberty let cv 4U re !-
Liberty 2il cv 4W a 11)27-42 '. . 100.14
I.'berty 2il ev 4Ua rec 100,00
LltKirtv 8d 4lia 1028 100.86
Liberty ad 4,ia rex
Ll.rty 4th lit 10S3-8S 100.86
Liberty 4th 4U ret
Victory 44s 1(122-23 100.72
Victory 4a aee 100.00
r. m.
1:30
101.10 101.22
Clme,
Net
100, 8 J
100.B2
100.12
100.00
100.22
iob'.se
100,70
100.00
100.64
100.82
100.12
ion. en
100.86
loe'.oi
100.72
100.00
tSALHS IN 110001
teittsiGN nn.ns
inoeAcme
u
INDUSTRIALS
Ceal . 70e
(MIO Acme racking Stfa
-luuAm itanmian . .. ()
1)00 Amal Lntncr , . lit
100 Atlantic Trult ... 2Si
800 Hkln City Ity... . 94
800 Uuddy lr..J, . . .. jl,
700 Car Light . . . 00c
200 Chicago NlPDl" .... 4S
100 Cleveland Aute ... 27
800 Columbia Kmerald.
300 Cem Sehrnts "A".
f 100 Cent Meters
40O Durant Moter
ine Cllmbel lire . .
10O nimbel Urns pref
jne Ooedyear Tire . .
800 Hn)t. Wheel
lOOIIejden Ch"m
0O Am Thread pref .
100Dth Steel pref
0O Car Light pret
30i) r A U rlshta .
100 Hercules IMw nrf.ini
100 Kuppenhelmer . . .10
'i liuppennelnier pref ion
4Hi
10
4S
4S,
102
10
344
1.
OTJ,
l'
-3 I.hlph Valid,' IT
800 Lh!h Peer . 1!)
, 300 Lincoln Meters A . 2
, iOO Nat leather ... n
J 10N J Zinc l.-.S
J2SN T Tel pref .. .110
I 304) Pepftlnn Tlr,
J 100 Philip Merris .. .1!)
i 200 Pyreive Mfe ... in
1100 Radie com 4.
400 Radie pref 3,
200 Schulte Stores ... SO
000 Seuth C 1 44e
100 Swift Int 24'
. 200 Tobacco Tred .... e.
1800 Vn ltt Candy . . 0,
100 Van Kanlte .. 47l
,200 "XVayne Ceal .... 3
800 Macy & Ce fin
14001'rlma Radie .... ,
400 St Law Feldipar 10
,,10Pwlft & Ce . ... ins
HOOTImkcn Rell Bear.. 2S
STANDAKD OILS
i TOO Ancie-Am Oil . ie,
, TOS Imp OH Can 1124
10 Ohie Oil 30O
.TOO Stund Oil of Ky ..in
400 Stand Oil of lnd 117'i
40 Stand Oil nf N y (T2
li Vacuum Oil 410
INDr.l'KNDKNT OIL'S
100 Am Fuel pref 1 ,
1000 Roene Oil KV
8200 Hnaten Wemlnp 7c
240O Carlb Svnd . il
3(-n cities Serv IJ stfs .'li,
700 Onnt Re' 2'4
200 Cesdcn ts Ce pf S
loon Knir IVt ... 2Ce
200 Federal Oil l i,
700 (.lenreik oil ... u
8000 llud'en Oil .... lie
8200 Int Vn'rnl M
a7oe Guif en v i ;.;. I-!, ;
20' Llvtnceien I'et . . 1 tt
"CO Len Pel" . . . 72-
80O Marac.ill oil . . iisn,
100 Marla.id Mc ... i)
200 Meirltt Oil . . . . s
r.ne M-xlce Oil . . l,
200 Mountain Prert. . is
12700 Mutual Rcf .. . . 11 U
100 N V Oil . 22
".On New Me Land 1
lOOn Nerthwe-t . . lur
SOOn Neble Oil . . 20c
J 41)0 Ne Am Oil .. 2 4
200 Omnr Oil .. 1 U
20(i Pennock Ol 71.
100 T'enn Mx . 27
,10O Producer i Retl H
41C0 RJ nanka 2Sc
7ii0 Sait f riel; P.-ed 1SK
100 Impulpa llf . 31,
300 Se.iheaid 1 ,
300 Shell Union w i l.t
32H0 Slmms Pt . . 11
6L0O Seuth PAR i.-,n'
SOOfeuth States Oil 1
2:"" J'"n O & L . Sfir
CIOO Tnrman ij,
300 Wilten Oil jaf
Lew
11HC
370
20
II)
ft
8c
44
4N
4S(
102
10
34
3'.
07
7
ieiA
30
IOO
18.
2S
N
13S
1011'i
lii
in
44
4?'"
43e
2H
04
(14
47s
lt
in,
ins
in5i
no
me
10m;
ll(4
471
4 SO
i;
12c
80c
--
21
2'i
S
in.
14 14
14c
21 .
se
14
.2c
Vi'i
0
8 4
1,".
144
.?.'
"
PI.
20C
1 00
P.M.
08c
37c
21)
10
24
04
tOc
44
78e
4S4
0Ai
47 .
4SV
102
10 4
34 4
I'd
34
074
7J
14
11
311
100
14
24
H
inn
1004
1
10
10
44
3A
40
44e
214
64
64
47',
3
50
1A
104
108
274
,i';
JllVl
1084
1104
471
4b0
1".
12c
8.V
2?4
2 4
n
l!)c
II J
14c
21 4
S04
14
1 2c
)t
"
10c
20c
Anten Jurireni
U Mare w n
: .... 704
1. ..70
Arce Rep1" "
2.... inii
C(aate) 1014
City of 13ereti
8a rets
2.... 110
City Heme 8
.' .. 1134
1 . 1134
1. .. 113
lSlsate) 113
City llerd's !
2... . 804
2 .... 80',
6 80
Cty Chrla'a
I.... UO'i
City of Copen
hagen tlf
n. ... 03',
J. . 03Vi
City ).ens Us
2 (flat) SOVj
10 80
1 .80 4
Clly Mars (!
2 804
: si
1.... 804
Cty of Mente
ere Ss I
3 04 I
1 01 I
Cty Rie de Ja Ja
nerle ct 8 1
I.... 100;l
7. .. 1004
Cty Rie de Ja Ja
nerle 8 wl
4.... 101
City of Sols Sels
sons 6s
2 70
: 78H
City Zurich 8
1.... 1144
0(sale 114 i
Cempanta
Azucarea Ba-
raqua 7H,
1 100
5 DOTi
Czecho-Slovak
Rep'c 8J wl
1 04'i
20 04
R. . . 034
3.. .. 034
Denmark Cen
ct A 8
5 ... 10O'4
Denmark Ced
ct 11 6s
5 1004
Dept Seln 7,
6 06
4 l)Mi
20 D3tl
Dutch H Ind's
rets '62
14 tm
n.v,i
lO(eale) OS'.i
IS (flat) (I.V.
Oexe't Krench
R 7 Us rets
0... . OS
2 SS
Klntdem Nor
way ct 8
3.... 1114
1.... 1114
Paris-Lyens M
Os wl
0...
6...
0...
1...
n. . .
1
1...
0.
2...
s...
07
. . 07
. . 07
.. 00i
.. 004
. . 004
. . no?,
. . im;
.. 0614
. . 07
. . OflTi
. 064
. . 004
. . 00'i
.. 1)6 U
. . 004
. 06 4
. 064
. . 064
, . 004
F R Ssj
, 100',
, 1004
1.
1...
10...
11...
20. . .
1..
1..
Ove t
IS .
1 '.
S
8. .
3 ..
1!...
2..
1. .
S. .
itelland-Am n
Line 4s
10 SSS
5... . SS4
Jap Oeve't 1st
4 044
1....
3...
1 ...
4....
2....
16....
10. ..
1 ...
n....
1....
11....
10....
Praaue
S,
. 744"
. 744
. 744
. 74 4
. 74 4
. 74
. 74
. 744
. 74 4
. 744
. 74 4
. 74
7Hs
84
Queensland
1 .. llHi
1 .. 1114
Republla Dell-
Ma 8s wl
2 084
1 084
Rep Chile '"6
1.... 102Vi
ttep Chile '41 1
10.... 104
1.7-. 104
Cana n I'ac 4
14 814
2 St
3 84
3 .... 81
Cl'l of Ga 0"
4. .. 101
Ct'l D Tele Ss
1.... 100
Ctl Leather Ss
1 074
C O cv 44 s
00R,p Chile '46
1004
J 00 4
1004
100 4
1004
101)1,
100
1 ... 104 4
1 . 1044
8 . . . 1044
Rep'c of L'ru
puay 8s
3.. . 107
State Rie CI
Du Sel 8
n . 102
1. .10:
State of Sae
Paule ct Ss
3.... 10:4
r. ... 01 V
G ... 014
C O cv Ss
1 074
10 07H
3 .. . 074
7 074
S 074
Oil k Att'n 3s
1 . .. 62Ts
7 62
C 4k Alt .14,
2.,... 33
12 85 4'
1 8SV
B ... 354
C A A char Ss
10.... 1O0U
cm uiaii
1 ... 102
8.... 102
.1.... 1014
1.... 1014
Chlcare A B'm
Ills Bs T1 I
8 861,1
T SO '
1. . . 834
Chi & U 1 e
1.... 1074
Chi A G W 4s
2 .... S3i
Jap Gee't 4,;Swi; j-a cen'ss
10
5..
10..
IS..
r...
23.
no..
10..
83 H
83 V
83 4
83 4
1
1
r.
u i
121
1214
1214
Grt Brit
".?! A I'd 102
834
824
824
1
en
90
se
884
ss
S4
80 4
I. HI
21c
IS
34
14
124
114
lie
14
Sir
1
S4
MINING
? 300 Am Hxplerat .
000 Helcher Dlwde
000 nlrher Km
400O Bosten Mentana
2100 Bosten Ment tens
2000 Canada Cep
IOO Cnrle Copper
4O0O Candelarla M
200 Certea Sl!r
11)00 Creaum C.el 1
1000 K I SaUnrler . .
dOO Emma SUvei
8000 Kurekn I reus
ene Fertun.i
T000 Geld f"
aen Hc-ia Mining
S00 Holllnjer
1800 Howe Sound
130O Indepnnd l.ad . .
SOO Jereme Vrd Jl
S2OO0 Lene Slar
ion Boten Klj
inne Cerk Proilnce
200 Dwn Cens
1000 Kly Cens
8000 Geld Kin n
1O00 Gren Mennt-r
80(10 Henrietta K her
noe Kj- 5. Percunin"
8O0O Rd Hills
OOOOMcNamarn C'rci
000 Mairna Cep
8000 National T.n
1000 Nevada Otihlr
000 New Dominion
4000 Ohie Ceppr .
1200 Rny Hercules... .
8000 Sliver Dale
1000 filmnn Silver Lead
40(d) Spearhead
200 Teck Hunhes. .
700 Tonopah Ileimer.i .
8OO0 Tonepuh Can lle
2800 TennpHh Dlide 2
2600 Tnr.epah Lxt
f'01 Tonopah Mln
200 Tuelumme .
16S0O Pnlled Kastern ..
200 I'nlted Verde
800 West Knd c . .
BONDS
1000 Allied Tjckers (Is .
BOOO Allied Puckers Ns.
1O0O Am Cotten Oil 6s.
3000 Am Jtep Cerp (le. .
.'UOiiAm Tel lis -St..
14
Jc
lle
30c
" U,
2 4
13
2 c
2c
74
134
34
n.v
34
ii.-
2,
2(1
lie
3.-
llr
SSi'
Sir
:.,
10e
344
27c
210
34
20c
1
u-
84c
He
!.V
Hi
10"
S4e
COc
3n
14
$2
(U4
DOS
l).t
1014
100O An.cr Tnh 7m ieiiu
7000 Anaconda Cep in 1024
10) Art'irunt'a 7s '21) 101
21)00 Armour A: Ce 7s 10.14
BOOO All G i. W I .is., no
2000 Beth Stetl 7s. '33. 1084
loeoo Can N. t Rv i:. Ss ::'.
4000 Char Iren 07
7000 Cen (Jin Bait 7s KKt4
13000 Cens Gas Bail (ii .1074
3SO0II Cem Power rts . m4
IIOOO Copper Kxn ( '2.1 101
1000 Preepeit Te 74 s 120
1000 Inter It T 7 mi',
BOOO Inter It T ss UIV,
4000 Knn G114 6h. iih'.
BOOO I.urlede Gas 7 1024
8000 Manitoba Pew 7 !4
2000 Merris & 1 -j 74 s 1IM4
8000 Cities Her Hi 1 KM
jnmiu i-ena u llalte ,14 s 101
iuun 1 11 -j- h ctrs
8000 Nut Leather )s
7000 N Y N II II 7
ODIIW l'llb Ser N
1000 Rett Galr
l-oeo seiviy
ct Cia Si
UUOU N V Kell T
BOOO H O N Y 04 k
87O0O Swift Ce 7s 3:
2000 Tldnl Osage 7s .
1000 Vnlerlne 7h .
SSOOQ Western Uler 7s
BOOO Knn C Pwr l.t Ss
1BO00 Ijwlft & Ce Ss w
1114
101
Ml
Hi.1
!iii4j
ion 4
Ul.T.
100;,
1034
let
101
.1074
113',
I D7
14
1c
2'i
3'Jr
2 4
13
2 c
2c
Ite
12-
74
13
3
SIX'
34
20.;
.12.
1lr
3 1
lie
.We
.14c
Sc
10c
34
2Hc
2le
2 Or
14
14c
34c
Ke
8(K-
14
nv
"lc
24
2,
111 lr
14
3d
14
82
024
0D4
1.24
1014
1014
1024
let
10.1
ns
1034
e')4
ii(l4
10')4
107
se 4
HMTs
121)
1014
04 4
084
1024
li4
10(14
1014
1014
IH4
101
Ml
10,14
1104
10114
m.14
Kill',
1(124
101
101
11174
0T,J
07
M4
3 4
14
124
114
l.V
14
54C
14
lc
nc
lllc
72e
3c
24
3:1c
J
C (sale) SS
1.... 884
D Canada : I
1 . . 102 j
10 . 1014 1
D Canada '31'
2 .. 1004 1
De Can 5s of,
32 wl
3 100
3 100
.1 904
7(sulc) 09 41
1 994'
2 ... IOO I
n 100
2.1.. . 004 '
Dutch K Ind'sl
rets '47
4 . . .. en I
Iv Hclftum its
S 094
n 094
1 99T1
K Bclg'm 74s
2.... 105
S.... 1034
5 . . . . 1 or.
6 1045,
1.... 1014
K Belgium Me
3 100
1 8 1004
'Klnidem Den
I mark 6s wl
I 8 P94
' 2 00'i
3 094
20. ... 994
1 '094
Kingdom Den
mark ct 8s
2 HIS
23.... Ill
1... Ill
3 .. 1114
K Italy G'-s
1 904
K of Nether
lands 6s
n.
1 .
100
1024
1024
G .. 104
U K Grt Brit
A I'd 1R29
10.... 1074
2,1. .. 1004
10 1074
1.. . 107
10(flat) 107
2 107
U K Grt Brit
& I'd 1937
.14
nt
M4
S3 ;
6..'... B4
1 54 4
Erie RR cv Ii
1 Gl
Flsk Rub'r co
8s rets
1.... 107
Pram'n Indust
Oev "Ha '
'2 04
Francisce Sue
4s wl
0.... 103
One'l Elec Gs
1.... 102
Gsne'l Elec 0,
2.... 107
1.... 104
1 ... 107
1.... 106T4
Genl llefrastu-
rles Cs
2 084
20 08 4
G 034
B V Goedrich
Ce 04s rets
S.... 1024
1.... 102
1 ..102
Geed) ear T A
RubT '31
:.... loeu
8.. . 1004
Geed) ear T 4k
Rub'r '4t
1 ... 110,
1 ... 1164
1 . 1104
1... 1164
O(sale) 1164
1.. . 1104
S ... 1104
Granby C Ml'
1... . P4
08-
n.
1 63 4 Or'd Trunk of
cnictKO Jill 4.1 Can 6s rets
St V d 4s
1 07
Chicago Mil A
8tP cv 44s
1 744
1 744
Chicago Mil
StP fd 44n
3..
l.M.
3 .
2...
3...
a.'..
2 ..
fit
69
1.... 1054
Gr'd Trunk of
Canada 7s
1.... 1144
2 1144
Great Nerth'n
Rly 3 'is
1...N 10.1'i
1 1034
Great Nerth'n
3
10
1
7(eale)
10
20 . . .
8.
en
en
0.1
n.i
044
94 Vi
en
1044
1044
104
104 4
104 4
104',
1014
S Brazil
rets
.. 804
.. 89
U S Brazil Ss
ie.t;
103
1034
103
1034
103
103 4
103
103
a..
..
B.
G .
B..
B..
8..
Un'd
74a
b".
ns4
084
084
08 4
084
Chicago Mil &
St P cv Ss
7 77'i
1 774
I Chicago Nth
W'n 04 s
10 1114
Chicago Rail-
was Gs
10 ... 824
1 ... 824
32 824
1. .824
3 . 824
Chi Reck I tt
Paclll fd
84 Rall'y 7s
U S Mexico 4s
, 1 39
3 38
7 39
1 39
P4s 'U S Mexico s
9.1 ' 1 .... 524
'.r
-
i.t
lie
l.V
i5''
3
52c
.14
10..
82c
20s
r2c
lie
3.
lie
,1.1c
5V!
Se
10c
84
27c
21c
34
20 c
IS
18c
H4c
ec
90e
14
IOC
81c
-),
2 A
fine
30
14
8 J
0.4
91)4
1)24
1U14
1014
1(124
101
10.14
SS
1034
11114
97
li'1)4
107
su4
1034
121)
1014
in 4
IISI.
1024
094
10114
in
1014
014
101
Ml
10.14
11114
lllfil,
11114
111')',
1)124
104
101
1074
D01IESTIC BONUS
Adsms Exp 4sl V Tel 4 Tel Hs! 11 1014
1 60 1. ... 02 4) !.. 101'j
Alk G M cv AiAmcr'n Water! 1.... 101
3. .. . 94i Works 5 ,Balt k Ohie M
Amerlc'n Smltl 1 86 W'n 34 s
& Refit S 'Armour 44 , 8 934
2 ... 93 I G. .. 924 B 934
2. .. 9.14 'A T a IV m 1 Bell Telepnene
1 ... 93 4! 1 ... 64 41 of Ta. 7s
American Sug A T i S Ft n
Ref'B Cs I I. . . 924
3. .
Am T
1
1
4
3 ".
A Tel
1 .
1. .
n . .
5 .
1.
10
inis. 1
& T eit1
. 924
. 93
. 03
.. 924 '
.. 03
& Tel .",
. IOI4I
. 1014'
. 100 1
. 100 '
. lOfti,
100
3..
924
1084
108
10s
r.
10.
1.
5
5..
3.
14 .. 874
S .... 874
S7 4
87 i.
I 10.. . 874
87 4
87 4
87 4
87 4
87 4
87 4
Chicago Union
Sta 44 s
2. ... 92S
Chicago Union
Sta Ss
1. . 1014
Chlle Cep'r Hi.
4 ... 9.1 I
1 ... 044 1.
4 111', I 4...
9 ... 944l 5...
Chile Cep'r 7. I 20...
1 . . IMS' 5...
C N T 4s MHi Int R
1134
1144
1184
113
113
A W b
14
Man fd
. 874
. 87 4
- RTS
. 874
. 87 4
Man In
. 074
. 07 ',4
. 07 4
2 07 4
Humble Oil &
Ref'g S'.ia wl
.1 994
J 90S
Ills Ceu 4s '.13
2 84
Ills Cen'l S'-Sf
1 1034
India steel .Is
2.... 101 S
Info Met 44 s
5 16
Info Met" n ct
Sta'd 44
O Bay
B...
Hud S,
1 5...
10...,
I.'.::
B. ,
Hud A
3".'.',
4
21
33.
12.
1.
924 Beth Steel 0,
Atl c Itef'c .
1 ... t'941
4 .1110
Halt & Ohie c
8T
10(sale) 10ii,
10 . . 994
1.. . 100
Bkn Edl 1) 7s
10 . 1074
Hun Rap '" Is
10 924
87 4 'Broek' n I'nlun
3 . 74 , Gaa 7s
2 . t7 4' 8.... 118
; 87', Bush Tsr'l Ss
Bait O 341 1 92
914IB Term'l H 5s
Halt Si Ohie hkl 1 9.1
2. mi'ilCanad'n Ntbn
I let',1 4s rets
1 . . 1014 G.... U44
5
Cel
1
4.
3.
11
. . 1004
Indus' I It 1
. .. 80
.. . 80
16
16
16
in
16
10
(ntbore R T fd
724
72 4
724
724
724
fd ct
73
73
Kan C Ft S
Memp 4s
2 83
Lack Steel '23
1.... IOO
Leng Ifd R fd
2 84
La A Arks Cs
S 034
Leuis & Nash
ville S4s
10.... 10SS
Le & Nash 7a
4.... 103
Manatl Sugar
Ce 7Wa
1 094
Man Elev'd 4s
G 70S
Market St Riy
S Fran 1st
G 884
6 8S
1 8S4
Mex 1'etr'm Ss
1.... 1064
Mid S - Or Gs
14 DO
1 894
Mln - St L 4s
1 444
M & StL en Ss
1 81
M StP & S Ste
Marie 04
10.... 1064
Me Kan & Tex
aj wl
10.
1.
&:::::
10..
10..
04 4
04 4
044
04 4
644
(14 4
014
64
(li
63 4
2fi.
25.
25.
S1KJT 2d ct
25 774
M K & T 44 s
15 77
te Kan Tex
4s wl
3 724
3 724
Me Kan & Tex
Bs wl
G 874
Me Kan A Tex
6a wl
10 08
15 974
23.,... 974
fu
North Western
Bell Tel 7a
1,... 108
Kflat) 108
1.... 107W
4.... 108
8.... 108
2.... 107K
N Pacific R 8s
1. ... 614
N Palfle R 4s
3 .... 01
1 .. . 90S
18 .. . 91
N Palde R 6s
2 .. 1104
23 ... . 1 10
23.... 100;
Nth S Pwr Bs
3... . 044
Nth S Pwr 6s
1 ... 103
Oregon B Line
truar'd 5s
7.. . 1054
Ore-W R R A
Navl Ce 4 a
4 .... 84
I Otis Steel 74 e
! rets
; 1 .96
1 or. 4
1 2 . .. 934
Ficet y. As
1 .... 014
Part Power Gs
5 05
raclflc Tel A
Tel G wl
27 94
I B .... 94
I 8... . 94
I 1 .. 934
I 2 ... 94
I 1 94
Packard Moter
I Car C'J Ss
3 ... 1074
3.... 1074
3.... 1074
Pa R R 4s '48
3 93
Pa P. gm 4'4s
St L A 8 F
10 78
1 784
Z 774
StL. A S Fran
Series A
2 764
10 764
- 704
1 764
1 TO
StL & B Fran
Serlea 13
t (flat) 01 U
1 014
8 Dl
n sin
StL A B Fran
Series C
2.... 101
2..., 1004
StL A S Fran
54 s wl
S... . OS
1 074
2 074
G 07 4
St L Swn 1st
1 804
St L Sw'n 2nd
... 71
St P'l & K C
S Line 4 4a
Z..... 86
St Taul M A
M.ini'a 4 s
1 904
Saks A Ce 7s
4..., 100V4
Seab'd A I. aj
4 274
Seab'd A 1. fd
. . . 4.1
... 45
Scabe'd Air L
Stn'd 4s
3 .... 594
10 SO
Seab'd A L 6s
0 084
H
G
Keale)
Mb Pacific 4
t ..
1...
10 .
12...
1...
Penna
1...
2 ..
1. .
1 '.'
1
914
. . 94 4
. . 934
. 94
. . 944
R fi4s
. HIS
. 1114
. 1114
. HI
. 1114
1114
084 'Pere Marqt Ss
Me Pae 5s C3
10 924
Me Paclfl Cs
0.... 103
1.... 103
3., . 1024
3 1024
Nsw Eng'd Tel .
Ce Ss wl
B... . 094
New Or's & N Pitt Cln Chi A
100 V,
100 4
1004
. 100'i
Cnty fd
. 1014
1014
PhlllB'ne Rail.
wa 4s
2 52
1 .
3..
1 .
3
rhlla
1
n
E'n 44s
1 . . 8.1 '4
New Or Tsl A
Mexico Ss
11.
1.1.
46.
3 (flat)
Cole
1 934
Cnmp'n Tab i
Reerdlns fi
1 . 09
! Cen'd Ceal Ce
or Md 5s
3.. . 924
2 .. . 924
Cuba A S 8 s
1 . 1074
2 . . 1074
Cuba Ce
34
3.
1.
1.
1.,
N Y
1.1 ,
18..
8..
in .
3.,
1.
37.
10.
48..
4..
B .
1.,
B.,
N Y
4..
80
804
80
SO
Philadelphia Markets
KOItKKJN BONDS
BOOO Argentine 7s llldS
3000 Can S H 7s mlu
78000 K nt Neihlds lis.. 11.14
:.;
1000 nusalan
MOOD U r Mex
00 King of
Serbs 8s.
I'm
Is .
IM4
1,1
304
04 inns
(14 en'-,
Mi 11.11:
'14 9.14
inn
en
n
914
13
3S4
U.S. Certificates and Treasury Notes
Int. Maturity
itain , unie
aWIOct , 11122
ta4 Dec . 1922
4V4 Dec. 1922
4U-'.March. 1023
84 'June, 1923,
BS ,8ept. 11123
' 'BS 'June, 11)24 .
Hent . 1021
March, 102.1
Bhl
loe
100
10(1 3-Hl
100 3. in
I no 1-10
111(1
Asked Yield
3.2.1
.1 21
9.33
.1 4n
3.03
Te VI 1 1
Te yield
100 7-1(1
100 3-10
ION 1.
102 13-16 102 ir.in 3 HI)
102 11-1(1 102 13-10 l.n'J
inn; im, 4.10
100 0-10 100 It. 1( 4.10
1014 1014 4,17
100 8-16 11)0.1-1(1 4. Ill
ederul nermnl Income f.ir
Accerleble fn- payment uf Incume tai
due ou date at maturity
Ys4 .Msren, iv.-a.
4J4 Dee 11)2.1
'4K .March 192(1.
fM 'Sept, 1026
Kxempt from Fei
Mark Up Price of Kerosene
Jtfw V-' " " Ti) At;"- Itsfln-
III Ce" ' ..." Of
l-'Ysr.l Rtiilrlincr. PhlladclDhltVi
, .--,..-,...-,, .
WHEAT Re, clpts, .17.931 bush. Market
3e hlsher. Cat lets In expert elevator- Ne.
2 red winter SI 133 1.10. Ne. 3 red win-1
ter. (1 10WI 13, Nj 4 red w.nter. SI en
100. Ne 5 red winter. II. 0201.03; Ne. 2
red winter, earllckv. 11.03401.004 : Ne. 3,
red winter. sarllck. 9S4cWll.014 : Ne. 4
red winter, garlicky 1(54 fc 084 e: N" 5.
red winter parllcky 01'4D44c. Mixed
wheat 3c under red winter. Sample atcord atcerd
Ine te (iuallt
CORN Re,ep(. 3.178 hush. Prices ad
aneed 1. Car lets .n expert elevator N
.' TSKTUc Ne 3 TIQT.Iu: Ne 4, 73ti7(e
Car lets for local trade Ne, 3 jellew ib j
ii70r
OATS Receipts. 11.537 b-jsh. Supplies
small, pries l',c higher. Car lets as te
location Nn 2 white. 47448., Ne. 3
white l.1V it 40c.
KIJL'R llrcelpts. 2,(108.853 pounds In I
sack. AT-irket unlet, but firm. Quotations .
Per 190 lbs. packed In 140-lb. Jute eacke i
Seft winter straight. Western. I4.90W3 lu. i
de, de. nearbv. 94.n34.00: hard winter I
straight S5.75tf6. de. short patent, ID.23W
6.G0, spring, first, clear. 136.1.50; de, pat
ent. lS.8S4in.25. de. short patent, lO.IOtM
0.75. fancy spring and cit mills patent fam-
lly brands 17.2Sfi8. .
PROVISION'S yulet Beef In nets, emeked
'aid Kir dried. 48c; beef, knuckles and tend-,
i era. smoked and air dried, 49". hams, S P. ,
.cured, loose, 22B2.tc; de skinned loose, 21 ,
I fl 23c dj, ile. smoked. 2.111 24. , ham-, boiled,
I boneless, 41c. picnic shoulders .S. P cured,
loose, 1,1c dn smoked.. Jfi4 L'Mr hi
'pickle loose. 19c. bieukfast bac.n Lbi.lard ,
I 14c
llt'TTER Fine goods fl-m Qun'atlens
Solid-packed creamery In tubs hlfh scer'ng.
2''Htc. th latter for Jobbing sales, extra. I
1 41c extra firsts wnelesale, 3!c, iebtiing j
i 40' . firsts. 33B3S.- seconds. 20632c, sweet
creamery Jobbing sales of fancy ceeds. 4. .
Crt4c. extra. 41c extra firsts. 39c, firsts, .'13
(iJ35e. lower mades, 29U32c, extra prints
Jobbing at 47ff50c aome sneclsl fancy
brands higher fair te geed, 43lrtc
EGOS Chelci eieck cleaned up and firm,
Quotations. Nearby ext'a firsts, 39c, firsts, ,
37c; seconds S'JttiSc: Wrst.sn ettra flmts
.'lilc. firsts, 31c. seconds 22U5c. fancy enn- I
died ergs Jobbing at retailers in cartons,
at 44 ft 45c, and loose, 431141c fair In geed, i
41 W42c
CHEESE Firm Quotations fellow New
Yerk, whe'e-milk flats fancv. fresh. 22U i
.1.,, .1.. r. r. r...ft AtllL. l..n... '
-l, U", tot. ... .w.. .vw.,i,v ,,.'11-
l.erns, 214W227 single daisies, fresh. 214
It 22c. Jobbing sales of fancy fcteds 234 &
25 4c
LIVE. POULTRY Fowls, net Leghorns,
via express Fungy, fat, h'avy yellow yellew
rklnned. 32if33c, fair te Reed. 2.1030c:
fowls. leghorns, according te quality, 22
5l25e, spring chickens, net Leghorns, fancy
fat, vollew-tklnntd. Wf tuning 3W4 lbs. each,
280'nec, sprint; chickens, "net Leghorns,
smaller slzts. 21JJl27c spring chlrl.-cns Leg
hrrns fancy, fat ellnw-Ulnred, 222.lei
old roosters. lnJflSci ducks, white Pekln
fane. fat 23W2lc ordinary 2n22c. mixed ,
colors Uf 17.'. gulnc.-.s, eung, per iilr '
welghln 14 lbs mid eer ir.jh, $1 2.1il 40 '
mailer sizes, 1 life 110. guineas old, per
pair Oiic; plgecns per rulr 2.1tf1fic
DRESSED POULTRY Fowls fresh-killed
dry-picked, in boxes, uelithlnif .1 lbs and i
ever apl-ce 31c welghltm 44 lbs nplece.
10c; r". wegliins 4 lbs., 2s2i'c; An. wclah-I
inif 9ii, lbs, 2u de weighing 3 lbs,, 21
W2.1e Fowls, fresh-killed, In hbJa . dry- '
picked weigh. ng 1 lbs. and ever npLce,
30ci de. wclKhlng 34 lbs., 2.1W20c- de,
weighing 3 lbs, nnd under 22f24c. Chick
ens. Western. In boxes, weighing 14 2
lbs. carh. 33f3.1c weighing 2V4 W3 lbs,
tach, 284t:i0c,de weighing 34 lbs. and ever
each 27ffS3c Chickens Western, in nbli,,
tiiMiriti l.i.tlllnr- nl.lrl.rn. nnr),v In l.kl.
23lc Old roosters, dry-picked. Weslerii! I
i 19c no, ue. sni'tnern ninw, spring uucks,
nearby siwi'sc. .
POTATOES White potatoes nearby, per
bskt Ne. I. 8.1f4Bc; Ne. . 1542ne. Sweet
fetiilnea. nearby, per bikt. Ne, 1, 409Oc,
Ne 2, 13O30C.
1.
Del 4.
0
Pen (.
21
10
10
94lntbore Rapid
" Tran 6s wl
e-t 4 801i
S n 4S fnthrtrn Ttant
Tran 7s wi
2 ... 964 i
1 97
IS...;. 964
10 964
1.1 9C4
2 004
Intr'l A Great
N'n aj wl
10 534
30 B4
B34
It
2.1 . 534
I M Marine Us
2 934
1. .. 934
2, . . 1)34
4. . . 93
Inl'l Pap b fit
1 .... 90S
2 90S
Invincible Oil
Cerp'n 8s
1.
N T
Leuis
3.
St I. a 4 Us
. .... 9 t
Petl'd Rwy A
Light Bs '42
2.. . 87tt
Predue A R 8s
1.... 104
1. .. 104 4
80 4 i Reading Ce 4s
Cent' 1 St 6 .... 86
... 99; ' 7 ... 80
. 994 ' 1 66
Rem Arms Gs
10 96;
9.. .. 90
1.. .. 964
1 06S
Rie Grande A
W'n clt 4s
4 ns;
1 684
Reck I'd A A
Leut'a 44 a
2 .... 834
1 ... 854
994 I Her Brown
iron e ,a
1. ... 994
4.... 100
P 09
Rutland Rd 4a
1 S3
St L I Ml A S
RAG dlv 4s
2 68
10. 674
St L RKy M A
Pac Rd Ss
994
904
99 4
99 4
90S
90S
994
99 4
99 4
90S
994
99 4
99'
.. 094
. . 094
Cer.f I 0a
. 1074
. 1074
.. 1074
Chi A St
4s
. 914
Inf 2 60S
Tidewater en
Ce ct 04 s
2.... 1034
3.... 1034
1.... 103H
1.... 1034
Tobacco Pred
ucts Cerp Tt
14.... 1064
te ... ions
Union Bag A
Paper 6
2.... 101
Union Pac fd
10 804
10 804
10(sale) 804
lO(aale) 80S.
3 89 4
Union Pac 4s
2 944
8... . 044
3 94',;
1 ... 044
1 944
1 94 '4
U Paclfle cv 4s
1 05H
4 934
Union Pae 6a
2.... 1044
Unt'd Fuel A
Gas 6s
2 984
Uf d Riy J Ce
S Fran El
3 (flat) SOU
2. ... 89W
U S Realty A
Itnpv't Ce Gs
2 08
U S Rubb'r Ba
00
68 S
68
C8;
664
684
684
684
Sinclair C Oil
Cerp 7s rct
2 ... J01S
2.... 1014
l.... iei;
l.... lets
l.. . 1014
G(sale) 1014
2.... 101S
G.... 1014
1.... 1014
Sinclair C Oil
Cerp'n 7 ',4 a
6 1054
T(sale) 10Si;
12.... 103,
4. .. 1034
10. .. 1034
1 .. 10SS
B.. . 105S
B.... 105i
Sinclair Crude
O P Ce G'4s
2 00U
Seuth A North
A 5s '30
2 074
Se'n Pacific fd
! 91
' .... 91
Se'n Pacific 4s
8 89
3 P Term'l 4s
4 85
Sn Rallwav 4
G 724
r...
12..
724
2 714
7... . 714
13 714
Sn Ralway ",
5 994
1. ... 094
Sn Rnl'y 64 s
2 1044
1.. . 104
4.... 101
1.. . 1034
S Perte P. Sug
7a rets
1 1024) 2 ...
Stand'd Oil ol'WIIaen
694' -
Hud 'v ;
1024
p. a 4 s
. 78 4
. 784
78
Det Edl Ss '40
1 . 984
Dun Lgt 74 s
1 .. 1074
Empire Gas A
Fuel 7',,s
1 . 904
1 96 4
I 904
) 904
I U (l'
9
N Y IMI'n Ce
nHs rct
1.. . 112
N T A Jer Is
1.. .. 964
New Y N II A
It cv 34s
10.. 52',
New Y N H A
II Is '53
1... .18
N Yk RIjs 4s
1 364
N'ew Y Susq A
W'n gm B
1 . . . . .11
N Y Tele'e '41
1 . 1074
2 . 1074
1. .. 1074
Nfk A W'n Is
3.. 94'
l'rle Genl Ller
3 . nt
2 . . 544
98
084
1)64
984
99
100
100
St L A
4 ..
1 ..
10 ..
15
1
. 87
S F aj
80
. 87
80S
. 66
. 80S
. 664
. 864
10.
13
1 ..
4....
8....
4 ...
1....
B....
B....
3....
1....
n....
l
oes
904
00 S
00'i
90S
00 4
90S
POM
90S
POS
004
oe?;
U'rt 8 Steel 3a
2.... 104
1.... 1034
6 1034
Uteh PAL Ba
1 034
G 034
Vn-C Chm 1st
15.... 1004
1 1004
Va-C Ch ct 7a
17 08'.4
4 .... 081,4
Va-C ch 7',4e
6.... 1054
Va-C Chem cv
war'd "4s
2 98
1 08
1... . 084
Va Itwy Ce Ss
1 90S
4 004
Wabash R 1st
B.... 100V1
W'ashlngten XV
Power Bs
2 00U
Wesfn Md 4s
1 684
tVes'n Tac 1st
2 874
- 874
Wesfn Pac 6a
! 90S
West Shere 4a
3 854
W Union 44 s
2 94 4
W Union 64 a
r.... ii2
B.... 112
Westlnghs'a E
A Mfg 7s
2 .. 1084
1 . 1084
Whl A L E Ba
13 09
Wlckwlre Spne
Steel 7a
3.. .. 994
2 904
Wilsen Ce 1st
1
7a
Calif
1. 1054
Steel Tube Ce
of Am'a 7s
3 . . 101 14
2 . 1014
1.. . 1014
Term'l R R A
of St L 4s
3 634
Third Ate a J
1. .. 074
Third Ave 4s
102
102
C 74
1084
ins
108',N
108
1074
1074
1 07 14
107 4
2 1074
Winchester R
Arms Ce 74 a
1.. . 104
1..
3
1 .
T. .
10..
11..
1..
NEWS FOR INVESTORS
McGlInn Si Ce. .announce their re
moval te D2S-29Land Title Balldlng.
Redmond & Ce. announce their ,rc
meval from Rread Jind Sanfteru' streets
te their new offices nt 1427 Walnut
street.
The average price of the twenty ac
ilvc Industrials d eel I nod 0.50. per cent
en Saturday te 100.4.1, while. the twenty
railroads declined 0,32 per cent te
100.43.
The llaldwin Loceraotlvo 'Works be
received nn elder for seven freight
locomotives, Mikade type, from the
Nashville, Clint tnnoegn and tft- Leuis
Railway. Value of 'the order is ap
proximately $.150,000.
The Terminal Railroad Association of
St, Leuis has been authorized by the
Interstate Commerce Commission te is
Blip $1.',400,000 of general mortgage 4
tier cent geld bends, te be held sub
ject te further orders of the cemmis
sien.
The Chile Copper Company, for the
quarter ended .Tunc .10, reports deficit
of $10",.1UU after Interest, amortiza
tion anil flenrcclntlen. This compares
With deficit of Sl.lOJl.lOr, In preceding
quarter and ricnclt e( $1,1100m m
second quarter of 1021.
Halsey, Stuart & Ce.. William It.
Compten Company and Harris, l'erbei
& Ce. are offering $2,500,000 Lincoln
leint Steel; Land Rank 5 per cent benda
due May 1, 1042, at 10V?j and Interest
te yield about 4.00 per cent te optional
maturity and 5 per cent thereafter.
Organization of the North American
Oil Company, a JrXi.OOO.OOO corpora
tion, Inte which Is merged the North
American OU and Refining Company,
the Noce Petroleum Company and
eight ether companies, was announced
by U. F. Colherd, president of the new
concern.
The report of the Chile Copper Com
pany for the quarter ended .Tunc 30
showed a total income of $l,4'il,403,
as compared with $450,300 for the pre
vious quarter. The net profits en the
copper delivered during the second
quarter were $1,3."1.073. as cemnared
with $.120,710 for the first quarter,
P. W. Chapman & Ce., Inc., are
offering a new Issue of .$1,000,000
Stevens & Thompson Paper Company
first mertgngc twenty-year sinking
fund geld bends nt 03 and interest, te
yield 0.45 per cent. The bends nrc
doted September 1, 1022, and am due
September 1, 1042.
Ledenburg, Thalman & Ce.. Red
mend & (Je. Kissel, Kinmcutt & Ue.,
nnd Freeman & Ce. are offering a new
Issue of $2,ii00,000 54 per cent equip
ment trust ecrtlficates, series IJ, of tlie
Seaboard Air Line Railway Company,
due semi-annually from 1023 te 1032,
inclusive, at prices te yield from 5
te 5.75 per cent, according te ma
turity. Harrison. Smith & Ce. and Ittddln &
Henry are offering $100,000 Roreugh et
Downlngtewn, Chester County,' Pa
4V1 per rent school district bends, dated
October 1. 1022. due October 1, 1027. te
October 1, 1!j2, inclusive, at prices
ranging from 100. C( and Interest te
101. 1 1 and interest, te net 4,10 per
cent le the optional date and 4.23 per
cent thereafter.
The net operating income of the
Indiahemn Refining Company for the
month e Aiigii-.t wnt $177,000. accord accerd
ing le a stntement made for the com
pany, and for the first eight months of
the year, after dedtirtlncr interest
charges but before depreciation and de
pictien, is at the annual rate of about
per cent en tlie 53.000.000 canltn
stock outstanding.
nnuiDictnn Ac Ce. nnd K. Lewber
Sstekcs & Ce. nre making a new offer
ing of $810,000 Heckine Vallev Rell.
way Company stamped equipment trust
t per cent geld notes, dated January
13, 1020. nnd maturing $03,000 each
January 15. 102.1 te 10.15 inclusive. The
notes arc offered at prices ranging from
100.40 te 102.10. and yield from 4.50
te 5.75 per cent.
Dirceteis of the Indiahemn Refinina
Company have dctermlnrd te change the
pnr value of its stock te $25 a hhare,
from $5. nt present. The change will
become effective about October 25. te
give rte company time te request the
change be mnde in Its charter. Stock
holders will exchange five shares of
present holdings for eiip share of ths
$25 par value, thereby reducing the
number of shares from 1.000.000 te
230,000. The change is said te have
bceii mnde for the convenience of stock
holders.
Ne Change In Raw Sugar
New Yerk, Sept. 18 The raw sugar mar
ket is quiet and about unchanged with f'ulias
for September and October shipment quoted
at 34c, cost and freight. There were no
sales reported Saturday. The local reflned
market is unchanged with llet PI Ices of all
local retlnera quoted at (l.2Se. l'ss 2 per cent
Norfolk A Wn ' for rash. The Federal Sugar Refining Cem
cv 6a
1 1214
10.. . 121
8 . 121
N A Edl'n Ce
6a lets
pans' however, continues te offer a limited
,, mount 01 unnen in bags or tee pounds
eseh for the account of whom It mav con
1 ttrn at C 2nc, less 2 per cent for cash.
R. A. M. & Ce.:
Wanted
Pinna. Lighting 5' 1940
Nerthnmbtrland Ce. C. E..S'i 1946
Public Service Cerp. 0 N. J.6'1 Ptrp.
Phita. & Reading R. R. Imp.A't 1947
Phila. & Reading Censcl. . ,4't 1937
Alle. & Wtitern Ry 4', 1998
Jamettewn Fr. & Clearitld.4't 1959
Sim Ce. .6' 1929
Reed A. Morgan & Ce.
Wat End Tnist BUlp , J'ila.
Membe-s of the Phlla, Stock Exch.
Telephone Sprure 2131
Iowa Cent' 1 Ss
1 .... 814
1
4
1
1 .
5.
91".
fni
96
96
9.1'i
en
THEY DIDN'T TAKF, A VACATION
Ne matter hew het the dav. hew un'av ir
sb'.e the weai'ier. the famous remi' char
acters The Gumps, Samuedv"n St-neg,
Halrbrendili Harry. Walt and Skeezlx. Rett,
and tne ethers have rev,.r foiled te supp y
tftei- humor In the Comic section of the
Sunday Pini.tc Lkdeuii "Make It a Habli "
.Ulv.
Production Engineer
Open for cngaircment net js wtn ,,tnD.
Ilshed concern wlt-iltig te npnnd Tech
nical training. 12 r. bus. ep, n sales,
rest, mfg methods and prac. factory
inanacemert 11..1 jrd e,.n, ability, fore
sight nnd rnip'eie , cr.trel Have urn
lured Increased output an 1 lowered over ever
lieu. !j 30 yrs n'd Peferentes
A 714. I.KDdl'.It OFFICII
Our Offices
are connected by
Direct
Private Wire
with important
Banks and Bankers
in the Cities ej
Chicago, Illinois
Cincinnati, Ohie
Cleveland, Ohie
Columbus. Ohie
Canten, Ohie
Dayton, Ohie
Denver, Cole.
Erie, Pa.
Indianapolis, lnd.
Kansas City, Me.
Louisville, Ky.
Milwaukee, Wis.
Minneapolis, Minn.
New Orleans, La.
Pittsburgh, Pa.
St. Leuis, Me.
St. Paul, Minn.
Sharen, Pa.
Springfield, Ohie
Voungitewn, Ohie
W. A. HARRIMAN & CO.
IMCUnPUBATUD
Announces
ixe Ileuuval of the
NEW VOttS. OfrTICES
te
39 BROADWAY
Teleplieue Whitehall 4220
PillLADKLFniA
BUFFALO
CHICAGO
SYRACUSE
NEW'ISSUB
':i
$2,566,000
Seaboard Air Line Railway Company
Equipment Trust, Series "U"
BVi Equipment Trust . Certificates
? ' Te be issued under the Philadelphia Plan
Principal, and dividends te be unconditionally guaranteed by the Seaboard Air Line Railway Company-
by endorsement en each certificate
THE QHASE NATIONAL BANK OP THE CITY OP NEW YORK, TRUSTEE ,
Dated October 15, 1922. Payable acnii-nnnually. in serial installments April 15, 1923; ie October 16,
1000 tmAt. (..I....... T)....t.l 4-n 1.mmwmm ...tit nfiliennl vAretef t-nf Inn OS 4ft trfvielnn1
isu'l uuiu inclusive, ruyauiv vs uci (mm vhiii h6je....vu e r..nv.Hui;
in denomination of 91,000
At the option of the Railway Company said certificates are te be redcemable en any interest payment date
at 105 of their face amount and accrued dividend. Beth principal and dividend are te be paid '
w without deduction of Federal income tax net in excess of 2 per annum.
Certificates and dividend warrants (April 15 and October 15) payable at the office of the Trustee
We are advised by S. Davies Warfield, Esq., President of the Seabdard Air Line,
Railway, as follcnes:
These certificates are te be issued inpart payment for standard railway equip
ment censisting: of n
' 3 New special Mikade type freight locomotives
900 Steel underf rame, reinforced ends, rebuilt box cars
1,250 Steel center sill, reinforced ends, rebuilt box cars
850 Steel underframe, rebuilt drop-bottom gondola cars
100 All-steel, rebuilt phosphate cars
The value of this equipment, taking into consideration the cost of the new equip
ment and a minimum valuation of the rebuilt equipment made byMessrs. Ferd, Bacen &
Davis within the past 40 days, is $4,470,000, giving a present equity in this trust of ever?
4. ,
The title te the equipment is te be vested in the Trustee under lease te the Seaboard
Air Line Railway Company at a rental sufficient te pay these certificates and the dividend
warrants and ether charges as they become due.
.- , Seaboard Air Line Railway Company will unconditionally guarantee by endorse
ment en each certificate the prompt payment of the principal and dividend of these
certificates.
Amount
$128,000
128,000
128,000
126,000
128,000
128,000
128)000
128,000
128,000
128,000
Maturity
April 16, 1923
October 15, 1923
April 15, 1924
October 15, 1924
April 15, 1925
October 15, 1925
April 15, 1926
October 15, 1926
April 15, 1927
October 15, 1927
MATURITIES AND PRICES
lated Dividend te be added in each case N
Price Yield Amount Maturity ' Price
100.25 5.00 $128,000 April 15, 1928 98.84
100.48 5.00 128,000 October 15, 1928 98.75
100.29 5.80 128,000 April 15, 1929 98.66
100.38 5.30 128,000 October 15, 1929 98.58
100.00 5.50 128,000 April 15, 1930 98.80
100.00 5.50 128,000 October 15, 1930 98.73
99.38 5.70 128,000 April 15, 1931 98.67
99.30 5.70 128,000 October 15, 1931 98.61
99.02 5.75 128,000 April 15, 1932 98.55
98.93 5.75 128,000 October 15, 1932 98.49
Yield
5.75
5.75
5.75
5.75
5.70
5.70
5.70
5.70
5.70
5.70
We offer these Certificates at the above prices subject te sale, when, as and if
issued and received by us, and subject te the approval of the issue by the Interstate Com
merce Commission and the approval of our counsel, Messrs. Van Vorst, Marshall and -Smith
as te legality.
It is expected that Temporary Receipts will be delivered en or about October 15,
1922,te be exchangeable for Definitive Certificates when prepared.
Ladenburg, Thalmann & Company
Kissel. Kinnicutt & Company
Redmond & Company
Freeman & Company
September. 1921'.
IV, de net Guarantee the nbeve Information, but liave obtained It
from elflclal sources which we belleve te bu reliable.
$819,000
Hecking Valley Railway
Company
Equipment Trust 6 Geld Notes -
Stamped subordinate te $1,638,000 Prier Lien Notes new Outstanding
Datedjanuary i j, iqic Maturing ?63lcoe each January 1 5, 113-35
GUARANTY TRUST COMPANY OF NEW YORK, TRUSTEE
These Notes are secured, together with the Unstamped Notes, en 20 Mallet Freight Loco
motives and 500 Fifty- Ten Composite Gondela Cars.
Hecking Valley, with lines through Columbus te Teledo, constitutes a direct outlet te
Ureat Lakes ports of bituminous coal mined in the territory of the Chesapeake & Ohie
which owns S8.8s5.qoe of the Company s outstanding $1 1.000,000 Capital stock.
In 1 92 1 the Company earned a surplus ever fixed charges. Net income after rents, for
the first seven months et 1922 was $1,655,247. Interest en the Company's debt for the
years 1920 .and 1921 was approximately ? 1,730.000, indicating earnings of almost its en
tire annual interest charges from operations during the first seven months of 1922 alone.
Subject te prier sale, we offer these Notes maturing $63,000 annually, asfellcwt:
Maturillti
January 15, 1930
January 15, 1931
Jnnuary 15, 1932
January 15, 1933
January 15, 1931
January 15, 1935
will be delivered en or about October 1, iqit.
Hambleton & Ce. E. Lewber Stokes & Ce.
W. d. no, u.r.n, th, abev. information but h.v, obtained It from eOlct.1 source. ,h.ch , believe t be ,l,.b',e
Aptirailmali
Maturitltt Priu Te Ylild
January 15, 1923 100.49 4.50
January 15, 1924 100.95 5.25
January 15, 1925 101.07 5.50
January 15, 1926 101.06 5.65
January 15, 1927 100.94 5.75
January 15, 1928 101.13 5.75
January 15, 1929 101.31 5.75
Interim receipts of the Philadelphia Trust Company
iprettmali
Priu Te YlM
101.48 5.75
101.64 5.75
101.79 5.75
101.93 5.75
102.06 5.75
102.19 5.75
tT
WANTED
OFFERINGS OF
Consolidated Traction
of Pittsburgh
Preferred Stock
GEORGE N. FLEMING
221 LAFAYETTE BLDG.
I'lienei I-einbaril 0114
:
eiu
rx5Iy
ma,
MACKIEA Investment
CR0USE Ce Securities
REAL KATATR TK.
""i-fla-saa"""-"
RI.DO.
PRICE
of any standard article is con
trolled by the cost of produc preduc produc
tlen. Geed building cannot be
done below a standard cost.
If below proper cost, It Is be
low standard value and a
Investment.
peer
JOHN N. GILL
CONSTRUCTION CO.
Commercial flj,iWirig, Facleriti,
nilifutient ana imalirr Wetk
1111. 11, .11.11 '
rilll.AOKI.I'HIA
SfcrtteU 3teb. & (Se.
J3ubltr Utility tfrrurtlfra
ftt-tfc &cclinnne BuiUHitrj. (Ulib-
Geerjjia Rwy. & Pr. 5s. 1954
Kentucky Tr. & Ter. 5s, 1961
Northern Cal. Pr. 5s, 1948
United Gas & Elec. 6s, 1945
I'henesi Locust 93!IM.2-3-4
Private I'lienei le New Yerk A: Iloslea
..J
.1
mm i tsnvKs
. S
sA.f
..V..,