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HIGH-PRICED OILS
FEATURE ON
ORB
iriiiiiiiniiiBi'iiinMiiiiiiaiiiiii'Wiajiiu'siiiiiM
POLICY J
and Jj
COURTESY 1
Ever mindful of the many 1
courtesies that make P standard of New Yerk Makes i ;' .Si. ::
pleasant bankinjr rula- g . V, ',n JZ ;., ::
tiens and stain-lily ad- P ,,,cvv '"&" - "-'" 'i-c"
hering te the s of Canada Up
Business Policies
NEW YORK BOND TRANSACTIONS
MltKKTY ItONDS AND UCTOUY NOTKS
IUrn mik Date
lllsli lit
111.' .Mi Mm ili. 11
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in 7" Mm 211 .'' Imi'is ion ii.'
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P. n 111 n !l 11V. HOW in its Si liwimm nfiri- nihuiwln,- III iwilnis te I sii, I H4. ill, rtn a i: Ceastl s ma, 11 . no I (111 .Ppe-I.i i: Iii Sn Ilnll y iHjS-
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ffpri tn tlu discriniinat- 8 !.'"' !""",'1"" 01 "f I"''"'."" " ,' l-: -rp itfpp 7 f ni Ti.aipt"i. i ini. t sv. r, si., i me.' i ), i .. ma'
litis iu ui- iiistiiuinicii. g Siinins IVtreIi'iiiii ,is miv nl smip i iei in inn m', t t"V 1 tee, n s.M, Knn C . S .'s I tel W i'hll Cempjni S ll Mebllp i
offer
irnr customer a luirh tvne If e-:n tifmni mmim. wiiie Mutimi en
iiieif.i 1 1 1 i qiinii inuii"!i linn nun "i
ni.irh ii I'iiiiii
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of banking a n d trust g
service.
inn-a . i4 rurl-Lens M inpl KIpc rt ,i n",i, 1
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f! sa .i nn i, Fmm n Indmt 2 71 1 in, it, ;, s.".'i 12
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TYPE TALKS
IN
GOOD ADVERTISEMENTS
Oil- kncwlfdge of TPK ml!
nwkf your mesuge mere rlfpclivc
Jehn Clark Sims
COMI'WY, LTD.
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1 iniu 2 7.' ." se V V!c 1 "n'ril '.' . '! fir Ce 7s
ilr il Ir-l'id e(, it 72 Mm f. fit, 4s M l"l 31 "' b t s r lp. 1 ., mil,
-I M Utll Oil
1 . Im nl, .11
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;ir tf - 7. 1
Amtrictn Gas Ce. 7s 1928
AtUntic City Gas Ce. lit 5 1960
Prn Pnblic ScrMce Ce. C All Issuei
Aihland Lt. Pr. & St. Ri 5 1939
Distreri! Ice & Ceal Ce. G 1939
Citiiirs Gas & Elect. Ce. Gi 1931
Wilmi-ijten Lt. & Power Ce. 1st 5, 1960
Ind". & N. Western fr. Ce. 5s. 1923
Am. P.uyi Jcr. Ccn. Tr. Ce. 6j, 1947
Burlir.ten Rwv & Lt Ce.. 1st 5s. 1932
Weil Chester ft. Rm. 11 5 1932
Ne. Spripffield Water Ce. 3s 1928
Wilmip-ten & Phila. Tract. Ce. Ss, 1963
Citizens Trac. Cc (Venango.) 5s 1942
SAMUEL McCPJiERY& CO. -
I'"ranl(lin Bank Building
linn,. HUlll
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A'Eir.S' FOR INVESTORS
0h of '41
1 is
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.-.-ds B
i no.
110 I" , Mulre iire
no !7 ,'iv Tin ninrncp price of 1110 twentj n 1 m.-.",
K " Nther. : ".', in,, linlttst mils iwIv.miu i il 1 ..".1 npp mnt s.nnh v..v. i
Ji'Sti-ril.n te lfi.117. Iltni tlie tnpit l'":i TpI 7s
milrnnils iii'uiiium n 1 Hi imr rout in 4 1"""
IHIMh-TK IIIINII- (M).7(l.
,-rl ii.n ion lr.i!,i si t rti'ilitlik r.'iivp A. I'e. nnie lraspil
j ii t. .' il rlil s, n , .1. ill.i .1 e .1.. ,"i i... . I,.. ni
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uma s ..,. l'if ,, .,,.! I, M.,,1 W'.lii.i kti'pfii. f... s .-... .. .
...p.. .....I .....-, .... .iiacnciti-
Ml
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I 1 1"
I'u ' I. I
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a t ct iii of .'I'.'ir-. mill will "im uij it l
.u'li'i' tin i ei iiilnt.en et i ti,i-hi. nlici'- S
iltjnll- Hew IK'1112 lllll'li
s I.lne I',,
r.... si'.
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ten,
10.11,
inn,
Inl'.
1011,
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UINIM,
Masen City & Ft. Dedge
4s, 1955
Lehigh Valley Ceal
Sales
Kirby Lumber Pfd.
Me., Kan. & Tex. Ry.
Old Bends
Wm.C-Qrfon&Ce.
34 Wall St. N Y Tel Ha.ieer9G90.9697
.HI H B I l.
II I' , i. l It l! I
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GAIN IN COTTON GINNINGS
September Total J. 883, 006 Bales,
Against 2,920,392 Last Year
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Tax Free
Pennsylvania Municipal Bends
Income Frem Municipal Bends Is Exempt Frem All Federal Income Tax
Ne Certificate of Ownership Is Required
$111,000 Clearfield County Read 4Vz8
Due September 1, 1952 Cpliennl September 1, 1932
Price: 103.67 and Interest, te Net 4.05 Per Cent
$189,000 Jeffersen County Read 4'2s
$20,000 due September 1, 1927 fn) 102.02 $20,000 due September 1, 1932 103.67
20,000 due September 1, 1928 102.38 20,000 due September 1, 1933 103.96
10,000 due September 1, 1929 (a) 102.72 10,000 due September 1, 1934 104.24
20,000 due September 1, 1930 103.05 20,000 due September 1, 1935 104,51
20,000 due September 1. 1031 (a) 103.37 20,000 due September 1, 1936 104.77
39,000 due September 1. 1937 105.02
Prices: Te Net 4.05 Per Cent.
J $43,000 City of Erie, Erie County, Municipal Improvement 4l4s
$3,000 due September 1, 1924, nnd $2,000 due each year from September 1, 1925, le
September 1, 1944
Prices: Te Net 4.05 Per Cent.
$20,000 Hanover Township, Luzerne County, Scheel District 4Y2s
Due Auf-ut 1, 1944 105.75 and intereit te net 4.10 per cent.
$25,000 Borough of Nazareth, Northampton County, Scheel District 4l2s
Due AuRust 1, 1952. Optional August 1, 1932.
Price: 103.25 and Interest, te Net 4.10 Per Cent.
$486,000 City of Johnstown, Cambria County, Sewer 4V28
Due July 1, 1952 (? 100.85 nnd interest le net 4.10 per cent.
$10,000 Borough of Downingtown. Chester County, Scheel District 4Vt8
Due October 1, 1932 fi) 101.22 nnd interest te net 4.10 per cent.
$160,000 Town of Bloomsburg, Columbia County, Sewer Imprev. 414s
$10,000 due October 1. 1933 103.51 $10,000 due October 1, 1941 105.24
10,000 due October 1, 1934 103.76 10,000 due October 1, 1942 105.42
10,000 due October 1, 1935 (fO 104.00 10,000 due October 1, 1943 105.60
10,000 due October 1, 1936 104.23 10,000 due October 1, 1944 105.76
10,000 due October 1, 1937 104.45 10,000 due October 1, 1945 105.92
10,000 due October 1, 1938 104.66 10,000 due October 1, 1946 (5) 106.07
10,000 due October 1, 1939 (a 104.86 10,000 due October 1, 1947 106.22
10,000 dueOcteber 1, 1940 105.06 10,000 due October 1, 1948 106.36
""-1 ' Prices: Te Net 4.10 Per Cent.
$35,000 Borough of Brackenridge, Allegheny County, Scheel District 4V2S
$20,000 due July 1, 1927 101.12 $10,000 due July 1, 1937 102.75
5,000 due July 1, 1932 102.02
Prices: Te Net 4.25 Per Cent.
Accrued Interest te Be Added Wherever Omitted.
Circulars Detcribing These Icsues en Application.
Biddle & Henry
1 04 Seuth Fifth Street
Philadelphia
Tf.p Inform" tpn in! Mitlnt 'entn'r.pd Ipip'u Imp I "rn '.lfili.pl f'nni -ivirrp- "liirli w bollevp te le reliable
iXelicc le the Helders of the
General Mortgage 4 Geld Bends of
Reading Company
and
The Philadelphia & Reading Ceal & Iren Company
The Supreme Court of the United States in a suit te dissolve the relation existing
between the said Companies and ethers and te separate railroad properties from coal
properties, has directed the United States District Court for the Eastern District of
Pennsylvania te approve a plan for such dissolution and disiositien of properties.
The District Court if, directed te sever the interests and joint obligations of the
Reading Company and the Ceal and Iren Company; te determine the respective
values of their properties which are covered by the lien of the said mertrrage: te
apportion the liabilities of the said Companies and the liens upon their resnec'tiva
properties according te the values se found, and te determine what, if any, injury
te the bondholders such modification of the terms of their debt and mortgage may
cause and te compensate therefer by payment.
It is regarded as most important that the bondholders should unite in e-der te
be represented in Court in the said precccdines, te the" end that the plan ultimately
approved by the Court may preserve and protect their rights and interests.
With this object in view the undersigned Committee has been formed and
has, by order of the District Court, been made party te the said proceedings
and authorized te appear as representative of the holders of the said bends.
Copies of the Deposit Agreement may be obtained from either T P Morp,n A
Ce.. 23 Wall Street. New Yerk City, New Yerk, or Drexel & Ce.. Chestnut & Fth
Sts.. Philadelphia, Pa., the Depositaries, or from the Secretary of the Committee.
Helders of the said bends are requested te deposit their bends immediately with
one of the said Depositaries. The Depositary receiving the bends "will issue a
transferable certificate of deposit in respect te the bends deposited. All coupon bend's
should have attached thereto coupons maturing en and after' January 1st 1923
Registered bends "should be accompanied by properly executed transfers in' blank"
The certificates of deposit have been listed en the New Yerk and Philadelphia
Stock Exchanges. ' p
In order that these who have been prevented by the intervention of the vacation
season from depositing may have an opportunity te de se, the time for depesitine
bends has been extended te December 1st, 1922. - ?
JAMES M. WILLCOX, Chairman.
iVtc -1'n.rlSJJjit 'ine I'lulnile ptiln SaNini"
I mni Sedi-tv)
I'lllludulphiu, Pit
GEORGE W. DAVISON
(PnsiilLnt I'ptitr.-il I ni'.n Tiut Company
of Npnn YurlO
Vew Yerk City, N Y.
WILLIAM A. DAY
(I'rpii(! -lit, !'U!tnb!e Life Assurance
Society of V S )
N'cw Yerk City, N. Y.
EDWARD D. DUrFIELD
ipKclil-'nt I'nidPiitlal limn me r,,
nf Atiierli'.'i)
Newulk, N. J.
com m I'm:,-:
WILLIAM P. GEST
'I'l'stileill. I'lildity TlllSt (-0)
Philadnlphia, Pa.
E. U. MORRIS
"'" " ii. t t Hir.nil Trust -
Philadelphia, Pn.
C. S. W. PACKARD
-"
Pnilndelphin, pa.
, ASA S. WING
""''iViV'i'V1,''"' Tnin Ce )
i uiiiiiii'ipnin, t'n.
J. P. MORGAN & CO. 1
New Yerk City, N Y.
DREXEL & CO.
Philadelphia, Fa.
i" Dcpesitariej
A. S. FENIMORE
Secretary
700 Walnut Street, PhiUdnlphia, p.,.
HENRY, PEPPER, BODINE & STOKE
Counsel
Philadelphia, Pa.
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