pw FF " T"' Ww'1 -W ' TuYTlliVMrjrwrF"'v "T.-J--1 .w j YWmvlW l'l t Rm'-Vij ' "Jj - Kl " , a I Et 's '" '20 ' !'.. .. - i fe i Bends Inrcjters should ask for our October Bend Circular. It lists ever ISO issues which we are recommending at this time, Harris, Ferbes & Ge Pine St, Cor. William NEW YORK PHILADELPHIA OFrIC? Wldcncr Bid;. Telephone Spruce 7040 Spruce 3200 RAILROAD EQUIPMENT CERTIFICATES SECURITIES DFPAr.TMEKT COMMERCIAL TRUST COMPANY McmVr r ' nl R-Mcrv Svmm City Kali Square West CENTRAL SERVICE includes all banking and trust services rendered in 1 a friendly, efficient manner. 1 Caui'al and S'trj'ui H $1,600,000.00 J tNJiSHU... ESTABLISHED 135S B10REN & CO. BANKERS 0 410 Chestnut St., Philadelphia g Government, Municipal, Railroad and Corporation Securities Members .t- Yerk nift Pi((aJttj)hia S'eck Exchanges m SB (Mb ij g-T5fflrr"!t'"i5 z P.rHr.HRK7!gr-'.l Union Terminal of Dallas 1st 5s, 1942 Macen Terminal 1st 5s, 1965 F. P. Ristine & Ce. Widcncr Buildinj, Pbilad.lpbia New Yerk Elli.beth. :;. J. 3ftlltlCI8 " V.rl, n ,( ,., , ... J,- S h I j , ZmmKzr&ttFJSZzmitLvy auTi, MMaBggl "'" "'Tr iii i ii-, Buffalo & Suiquc!iar.r.a R. ft. Ce. As, 1963 IVillitibarre & Eastern R. R. Ce. 5j, 1942 Atlantic City & Ocean City R.R. 5i, 1947 Penmylvania Utilities Company Si, 1946 Cat & Elec. of Bergen County Si, 1949 Connecticut P.y. & Light's Ce. 4-2, 1951 Lima Electric Rwy. & Light Ce. Si, 192S Scranton Railway Ce. Ref, 5j, 19J7 Seuth Jeriey Cai, Elec. & Trac. Si, 19S3 Equitable Illuminating Gai Lt. 5i, 1928 American Gai Company 10-Yr. 7j, 1928 Public Service Cerp. N. J. . Ail Iuuei American Railways Company Ah Iuuei Union Traction of Indiana ... All Iuuei Springfield Water Company . All lisuei SAMUEL K. PHILLIPS & CO. Members riiiUdelpMa Stock Exchange 07 CHESTNUT STKEET I f --" "Hi r -zz. WANT OFFERINGS St. Cluir County Gits & Elec. 3s, 1959 Standard Gub & Elec. Ge, 192(5 BAUER. STARR & CO. 1 ' Land Till. Bulldlnr. Philadelphia . P'rect Private Tflrnhenii bet. Offices IV' iUM ! m-. n: WK WILD TRADING IN SELECTED STOCKS While Frice Movement Was Cheppy ,the Trend Continued Unmistakably Upward I New Yerk, Oct. !'. Although price movement in tndu's stock market was choppy, n tetH' of decided strength win maintained ;inI t lie trend of tin greater part uf the li-t continued unmistakably npntiial. A further confusion in oil eil ((intiniiiiilril nii)l of the iittrntieli In the enily dcnlltics. hut thereafter .i con stant shifting i-f speculative netlvit.v I'lewiilcd. Keeping the market ut boiling hi it iluring iiie-l of the Mi-Ien. A i iieinieeuetit of u refunding Wsiie nl" nppieMtiiiiti'l SellO, 000.000 of !' le ii tieii-ur.v liend-. maturing In li ut the mid thirty jcais at the op ium of the tiew'imiietit, was the ner ner slvideuillt: lei iupmeiit ever the week end. ICepeit- tli.it limit Hittnin and 1'iaine ri'-cded te work In linriiieiiy te .iv ..!...., ... .1... Vim. 1'iwtiirii till' I il -.I'lllllllllll II. luv ...ti. . m -i - i muddle produced a feeling of teli'f mid! Iii-lil out pluitil-c el II tauuauic -ei-lleiiient of tin- dtpleinallf tangle. It is ilmiluful ulu'h r the new tiov tiev "i unit lit timid ..iic li.nl an speculative .iilliu -ii i . The t.it. ua higher than Inn! 1 1 eii lieped im. and the Issue was enlj .limit hull of the iiineulit cpvted. My -mue. however, tlie i ue wa- regarded i f i-i.iiiiiMili.it Imll iii irnment . heellll-e It wns argued the action unlit iltetl ve iit.un tilt1 t hi eriiiui ri uuui i i.tiun.w he li.-ilntHcd withmit tuith.-r taxation. 'I lie iiuii) llkel -mure of -ui'h lcNciiuc, i' .is pointed out. i- from lerpnrutinti -uiplii-e-. Then-fore, i' wa- Inlmeil !u. tin. will h i tu i t.iilil Im fnrmei! Inte .i 1 iv. there is every likelihood of a, lile-(lle ill-lnlllltlell el -llipiuses ill fiii in of -ti-k tlivldeinl-. wlueh 111 turn. it a- '.minted out, win liltelj te furnish i tewerful iinpelu- te -peeiilathe ac rin n- kim'ii la-t wiek In the ta.-e of l.i Standard i )il r-Imi -. Cuni'tislj the -peeiilutive community iniii. two sides te this u'.gutnent. TIi.it i- tn sav . the.v tetitid gre.iinl te l'iiet -tinK- et forperatioii- supini-ed te h,ie huge noetiinuiateii -urpiu-e- anil niic-i hi-" I'IiimiI the bull eartl- n- stmiigiv I is the s'ecks uf i eiiip.inie- net pe--i--i nir -urplu-es mi the theiiiy t li- .in i- would lie immune ireiu -uvu cmi . i in. i . I l"i;i-lative t.iMitien. l'.u-l; biilding up of the ml -liare-t. rmed the opining, the re-uinptien f i ili iipei.itimi- lieing liiMireu n int'i I'.h'er milloek of n i-ettleiin'ilt of t. I 1 'l-'.'-ll -ItU.ltlnll. I lie Hell' It -imw'l iii S.ip.idiij'- hank statement was min i v .tiiininl liei w Ith .t.lllillUi! the i i i r 'iiniie rate. AeliMly of pnr ' m 'M.nl :.nd eflerts et -hert- te ' i h.nk -tin K- eau-ei the tiiUainv te i-. ii i-.it In i- lirii.id lit-oiiiii-tieiis a- the i.inrti.iij presie--etl. Kepre-entiulM1 ' i h'im.hI -hare- made geed lieiidwav ml ! ,iiiu tradirg but the laige-t gnin- iv rei urdeii b -jieeial -leeks irlleit- ! rig fivm.lble tl.lde i olldltlell-. lletllWv mi I'eiH up s, tinl National 1!Im-u!1 i.p 1 I After opining at 'M1. Standard Oil j of New .ler-tv -lipped li.iek te l!!s. hut, ineted up iigain te "Jll1-.-, another high' f eeril. New tup- al-e were c-tab- I l'-lieil by A iii lilted oil and T'eu ' fnmp.iny. while gain- of :l( te ee,- .'! I pernt- ere le.-l-iered hv Standard Oil of t'alifm n:a. Meii.tn IVtreleiiin, l'.m-A-neiii'iiii am! iii'-hir. i About the milj .eiiera! ieeptien te! i ' .. e.. .i 1 1 1 1 1 i Tui will, llui le i mill? I -i..ir -. w hn Ii who further l-iiitiliiii d j - a '.-im "i tui. rii-iiu tir runng. Ati i i n i i-e i f a pi.n.t in Miiriue 1 I .. f i l I- ,iie Vi! and t'n n the , Mm k f '11 li.ii ' -'' Interboieiigli en-,.! '..it' d pnfiiT'd. w hi. Ii i- ,nl-vtr-i utTei t d l tlie new tt.in-it j. . i' e!c' ii " 1 ' rit te J' , , ,i new low leeeiil. I'l-lii-r linilj al-e was weak. Commodity Markets GRAIN MARKET rillr:ige, (let. !. The wheat n.nrket was steadier at tl.e epeiiiiu; tedav. w.th lir-t 1'i'lei - 'si' te 'jc higher, but there wa- reii-idi ruble -ellln en the aihume and during the emh -es-lnn the market w I-. li'-r-eus and rent tlenary. At. nd Mine of ' 1 te ' ,d in Liverpool w.i ii peer re-peii-" te our ndvaiue of Sut '! .a y I'tnl be 1 tian-pertaiimi eendi. Hi II- ag.lltl lllteifeied With t sport epir- iitiens, iKliniigli l!:irope i.ppe.ired ,ia. I'm, te buy. The pelitieil .-Itusitien n. "ti'ideretl mere f.iMiialde and ruin i m r the Wet were geed for the new iT'ip. Cern started ie try "'...e hlglier and held mn.-t of the gnuii with mere or le-.-eevcrtng. Oats advanrpil 's1'. but were quiet icltli littli. nan innMifna In ..I'm ilt, ,'JLiaji'ij e "IfflJlLltt,, n iwmiii 1','jW'i .X!VWM;q1 ' , I'reM-imi-.we,,. inactive rind steady . "" I Iln,,,. le.inn 111,. lllnllAI (ltll I 1 fntrirti II lard wa- unebanged te (id advance. un,-P-' ' 1 se Opi-n 1 I M t ii. , r,:S H fi.n, n.e, M.-ls . ".'( !(. V IjI. I', j j iiiv, w i -i i W hi it I. i I f7 1 fl 5 t 'T' 1 T'. t . !', 1 OH'v "I 1 "'''I 1 ! : i ".i. l:i l 'I. 'n : ',""." -' St' "H, !v 't'l -i" ' ju! . a-1. a- a-'i :i,i, h-" -,i r 'r . . . 1 '? i . y.n" . .. 'Tti-j Uibf !j"',-1,.-e m: I..- . y J-' f r ii i COTTON MARKET New Yerk, 00. '. Henw buying ru fmeign as well as by domestic trade .titerets, and further aer iiutuhitien b; etiiinis-di'ii bmi-is proineieil a tirm eot eet eot ten futon s market at the -tart ted.iv t'r-ir jiriees lintiiL' advatires nf 1." te '(0 point-, l.neiil lenu"u. New Orleans, Iivcrpnel and the West -old en the riM hut pre es were well maintained I tir. Stend l.iei peel i.'ililtn, strength md n-tivliv In derli markets, and a belief thar hed.-e helling would uhfiw a -i-aih deeliiie. iiiereasi.il the bullhh bi'Uiiiiienl, whidi s nn general IT.- I' '" (.. n 1 V f , r- her L'l H'i 1 l"i i . I qr -M i .' I in r .'II- - th -1 M -'I M Ju v 2) IJ 21 .' il 'nl '.' I - ' J 1 -.1 -: -: 'i. -'i -" :. -7 i'l I1U NEW YORK COFFEE MARKET I New Yerk, e t '.(. There was little , in the enrlv mlieial iTilih'n fnnn IJia.ll ' te ttliniiliite anv aggresie buying at the stait of the eeffee futures uuirkct this morning. Coiisnuentl in the tailj ' trading there were lhuiiilutimi and pe-. ' -ibly .-nine selling for Kurenean ae. ! reunt. l'irsf prlees were unehangeil te " iielnts lower. l'rv r'one 0 1 1 il I 'J Il n I 'a (ill K (IS film ("fiien; ripifn fi nstr in 11 04 u mi h.lill k s.iifjni) Iv rf inljpr Mur. h Mnv .Hpiaeitibtr BANK CLEARINGS Hunk rlenrlnes inlay rnmpnrtii with rgr- rf.i 1 11 jiii.i nil- iiiri l .. u iviir 1"2 11121 IDJO 1 lOiila Jfls neil null 'i liiio.eriii J72 r,m 4;-) I IIUl'UI I.I U I "I .11. .Ml, III i',,lS 7l -, v aae neii 000 ;n 700.001) .vie.iu t"9 BAR SILVER Ilnmeule bar pllver waa unchanE4 In Nw Verk today nt UO'iO rw-r fln ounce 1 foreign, CS'ie nff 'e. In Iinden the prlc waa 1-10.1 hlsh'r. nt 33. S-lrtd. i ' EVENING PI NEW YORK STOCK EXCHANGE TRANSACTIONS Only Afternoon Repert in Philadelphia Quoting Full Litt nte Rnle la $ RTrtCK tduh Ixiw 100 .. Adams Impress 814 8' ?4 700 4 Air Heductlen. .... 64J4 64 2000 .. AJax Kubber 16a 16 100 .. Alaska OeM Mima Vi '4 500 . . Alaska Juneau O M IS 1 Vz 100 7 All American Cables! 19H 1!94 100 4 AIII-i:iialmeis .. . 57H 56i 3000 4 Allied Chein & O.ve 84H 84 500 7 Allied Ch & Uye if113J4 l!2?n 3 JO .. AmARrlcChem 30 37 U '00 .. Am Hech Magneto. 43 43 300 4 Am n Sh Pdy new . 83 82 7400 . Am Tan 67 i 65 200 7 Am ran pf I0934 109i 700, 12 Am (ar Si J-'dv 1B9i !87i 2000 .. Ami Cotten Oil 2711 264 !00 .. Am Drug Syn 6!j 6,4 G00 . Am Hide A I.eatli pf 72 71 300 7 Am lee 1 1 3 113 3000 . Am Internat Cerp. 37 H 36-i 100 1 Am I,.i France Kng 124 12i 500 . Am Unwed 39j 391'. 3800 fi Am Locomotive 128'a 127' 100 ? Am Loce i 120'4 120'4 303 3 Am Metals 49 i 49 i 1 an V. M. 814- 64li- 16! 54 154- 119H 56 55 84 A - 113H SB -43 -83 -07 1094 1894 h 27 h 6!4 h- 71 '4- 1135, 39 1. I- 128H 1 20 U 494 It) 125 U-6's-2IH -61 ?8 44' 4 82 100 7 Am Metals pf lit 111 100D 4 Am Itadlater . . 126'i 125U 1200 :;e Am Safety Itazer. .. 6' 6ai 9000 . Am Ship & Cem .. 22'S 2034 1500 . Am Smelt 62 H 6Ui 1100 3 Am Steel Foundries 4's 4ii '500 , Am Siigir tlef .... 82 80 1 500 . Am Sumatr.i .... 40'? 39 li 2300 s Am Tel & Tel 1 23 U 1 23 14 5400 . AmTel&Telrts 4', 4 400 v: m Tobacco .... 163',j 1624i 100 i: Am Tobacco 1! ...159V) 159a ?00 . Am Waterwern- 27'j 27 700 .. Am Wntnvks !;. pf 54 53'J 9400 7 Am Woolen 101 'j 9Dj 100 .. Am Writ IMper pf 35 35 100 .. Am Zinc I.d .t S pf. 56 56 7300 . Anaconda Copper. . 52'i 514 100 . Ann Arber. . 21 '4 21 U 300 I Asse Ilry Ooed.s 63 6a ' 100 7 Asse D tioeds 2d pf 90 90 1500 il Ai-se Oil 128i 1244 3100 C Atcli Tep A: San Kf107l 106i 200 . Atliin Blr & Atlantic 2'4 2U 600 7 Atlantic Coast Unel21 1 20 ' a 200 At, Culf & W I S .-i 30 14 30, 25 2ii Atl Iteflnlng .. ..1520 1425 100 Austin Nkhels 36 36 11500 7 Huldwin l.oeemot e1394 137U 4600 . Hnltlmere A- nhle . 56'i 554 2000 . Harnsdall Class A . 39 ' 38 V, 500 . lkeehnut raeklnij . 43 44'8 200 7 Ueth Steel 7,r pf . iOO, 101 12200 6 Hctli Sttel H . 77 14 74 f, 200 Heeth Fisheries P , 8 100 7 Hrlt Km Steel 1st pf tj 13 100 . Hrlt Km Steel 2d pf 38' 33 ' 03 Hkln ltapul Transit 24 23 ' 100 BUlyn HT ctfs of d . 20 20 300 S DklMi Vnten C,a 117 117 300 Itrewn Shee 61 59' 4 ?00 in Burns Bies A. . 35 '4 35 'i 300 2 Hurni Bres H 47 'i 47 '3 700 .. Butte Cep Ss Zinc . 7s Ti 4C0 Butte fc Sup Cep 341, 3-1 TOO . liuttertclj Ce . 21 '2 21 'i 100 radde Cen O & n til3! ' 200 r, ( nllfernla racking 85 8-34 830 California Petrel . 65 64 5a 300 . Cal Zlne and Lead . 9 9'-' 333 in i-.-.nadlan facltlc ..146' 1-'e 4 800 . 1 Mitral U.itber. . 41 404 330 .. f'en Leather nf . . 79 78'2 930 i'ei-ro-de-1'a-ce . . 40 39'- 400 n handler Moter- . 63'a 63 1200 1 ChfK.ipeake & Ohie 74i8 73'a 200 .. i-hk-age & Alten ..3 3 1300 . . Chicago & Alten rf 5 4'8 '00 . ciu & i: 111 40 '2 40 Ii . 300 . Ch & 1; 11; (new ) pf 60 60 700 . Ch.cage & Or West. 7 67u 4930 . Chi Mil .1 St V. . 33 32 3300 . Chi M .fc St I' pf . 51 'i 50'i 200 3 Chi & Northwestern 92i 92 303 4 fh'i-ige pn.11 Tuel. 63 '4 62 703 . Chl 11 I & 1'ac ... 14 43 ' 200 r, ci-, It I & IMc C"c pi 91 '4 91 100 1 Ch mpjtjii, .87 87 1000 chile Copper . 26 n 26! a 100 chlne repprr . . r91B 29? 100 .' ciev 'in Chl . S 1. 78 '2 78'i 100 5 c:t-v Cin C . S I. pf 97 97 100 . Cluott-reabeilv . . 63 638 7900 4 oca-Cela 79 Vi 78 78 703 .. Cel Fuel & Iren .... 34'4 33',j 100 r. Ce & Southern . 49 49 200 I ColuTide it Se 2.1 pf 59 59 5103 il Cel'im 1 J.'is a. t:iec 111 109 800 . 1 elum (.Jraphcphene 3'B 3 .-"00 . Cel liiaphophene p )2"i "; 430 c. nSebintA . 494 49 203 . Cem Solvent n . 45' 46'; 200 il Cemi-ut Tab II. e.. 73 73 1500 . Cnn-el ( igar . . "' 40 100 . con Clear pf . . 81 '4 G 1 ' 7600 x Consolidated Oas ..14?.',2 130 300 . Cnnsnl Textiles .11 10'8 1600 . ( eiulnental Can . 90 H 894 9700 I Cern Product Rff 120 124 100 7 Cern Pred I'., f pf. 1?0S 120s 5300 2'.. iv,,len & c( 48'8 48 ' 3700 eden & C- rti It, i, 3400 . r-ruelr.'. Site- . . 87 's 85 1300 . Cuban Am .sugar .73 22 'i 300 r,,i,i c,,ne Sugar 13 54 !3'a 2100 Cuba Cane Sugar pt 37' 2 36 '2 1700 n.nlyjn Ch.-mlcal . 49 ' 48 ' 100 liebeir.s c Mm Ltd 12 'a 22 '8 200 P...iware & Hudsen 135 135 2200 fi n, 1 Lath & West .138'4 1 37 j 200 S T'. ttelt Lilisen . 114'4 "4 1"00 2 Pmre M!'ie . 38 "3 37 Tj 6000 rm pent ii-: 1 re irg 1594 1400 " KaHman Ked.' iicv 86 85 'i 1700 .1 I'.l.c Storage Il.it . 56 55'-. 300 .- r.ii'lleott-Jelmson .. 843 84'i 1300 Ilrle 16 , 16 100 . Trie 1st nf 25", 25', 903 Krle 2d pf 19'4 '84 1303 ii Famous I'layern L.. 99 99 200 S Famous Players pt103'2 103 'J 700 f, Fed Mln & Smelt pf 60 59 2000 1ft Fisher Bedy 140 1354 100 . Flsl: Rubber 13'4 13'i 1700 Freeport Texas... 23',i 2i 100 .1 titn Am Tank Car.. 66 fi6'8 74C0 fjeneral Asphalt 66' 4 64 300 r. Cuneral Asphalt pf.100 98H 200 W!cn Electric 180 180 33500 . Oencral Meters ..15 U', 100 e ;. a Meters ileh f,' pe 85 103 7 (Sen Meters deb 7'"c 93 90 100 . . Oildden C 14 14 200 Celdwyn I'll . . 8 4 7T'a AM , fioedrich H F 35',, 35 300 .. ranbv Mlnlim- 31 ' 31 ,; 1300 7 Oreut Northern pf 93'4 9238 600 4 Ort North Ore ctfs 40'-, 394 100 .. Oulf Mobile & N pf 43 'j 43''-, 12000 .. c.ulf Stat b Sttel 94', 92 100 . Hmdee Mfg. .. .26', 26", 8400 lb Uhten Oil . . . 91 ', 60 14 730 2 Hudien Moter Car. ?1 '5 zyt 100 1 Hupp Moter far... 22 '4 22 ' 100 7 Illinois Central ... 115 115 '") fl 111 Cent pf A 1 1 5 3 115'4 131 . Indlahema Ref. 4 ", f,'7 40) .. Inspiration r-en fop 38'i 'J8 ! 19'00 . . Inter Cen Cerp 1 a ', 11003 Inter Cen Cerp Pf . 3 1 1$ 500 Inter JUpld. 30 291;, ?l 21- Internat Cement. . . . 32'j Vi' 100 2 Inter Cem Knit.. . 28 li 28'4 100 Int C.reat North wl. 23T 23 ; 1020J . Int M-r Marine pf . . 62'4 59 1, 100 5 Int IIarester in-w.,1 1 1 U 1 1 1 1 30 ' . Inter Nickel. . 17 17 32(0 International Paper CO', sat, 1 . fi Inter Paper Pf Ktpd 76 4 76 V. 6C00 . InUlirlhle Otl'erp t17, ,17 9003 Iren Products .. .. B1 i4 c0 400 . IM.mil Oil .... 1 yx j 100 .. .lewc! T-a ?0i", tj 20',4 10100 .. Kansas & Uiilf ;35i 2 . 400 .. Kayser & "e new . 46 4r, 54 1600 . Kelly-Sprlngr.eld .. 43 )4 43 100 S Kelly-Spg T 8'i pf!03 103 100 .. Kfnnecett Ceppur.. 34', 34 7- r.00 .. Keystone T & R. .. 8!i 8'i 1900 .. Laekawanna Sttel. 82J 8) 40J4-f 12354 4 163 159H- 27 4. 54 -f '01 35 56 52, 21 H 63 -f yu f 128i 4- 41,1 1064 2'i- 1201, 4- 30 i -i-1520 36 ! 1394 i- : t ; 55?s 30 54 45 101 4. 76. 8 13 -:- 38i4-J-23 ?a - 20 -118 r 61 354 47 54 7S 5 34 21 i im as 64 g 9l4 1 46 ' 2 -: 41 - 78 J4 - 40 r 63 4 74 - 3 5 40!4 - 60 -7 4 33'i 51 'i 4 92 H J 63 J 4 44 91 -87 26H 29 H 4 78'; r 97 -63'8 : 79 i 34'4 ' 49 -59 111 3 - i2; 494 4. 46' j - 73 ; 41 ? 81 142 11 i 90 4 1254 1 120'b : 48H -! H4 - 86T - 22'-j- 13 54 s 37'j -i 48 54 r 2273 - 135 - 1 37 '4 - !14'4 4 38'4 : 164 t- 86 f 56 f 844 - 16 25'e -19 98 ' 4- 103'j r 59H - 139", 1 13'4 - 23(4 - 66'-, - 66 '4 I 100 4 180 15 ' , 65 I 98 I 14 : Ti , 35 31 t, -93 i 40 ' 4. 43 '5 i 94 i 26 ! 60', J ?l'j 1 2!l4 t 115 1154 4 2 ifl4-- ' "2 20 34 4. "i'4 - 28'4 - 23 - 60 'j - "1 54 17 60'-, 4. 7614 f-17-50 L li -20' 4- 3 464 4- 43 ! 103 4. 34- 8 -834 DIVIDENDS DECLARED , U. S. Certificates Itin Tlnte. urnil-unnUHl 10 1, ahar. .. Ini'imi tex en ihn fi par rent prrf-rmi n, and Is lnfrlm en nrdliiari. .bi in.onie tin. M itur I'ru'lueis femjinn: nuai trrli 1123. paMilil. November 1 te K'.. li if i.fjri Hc- tlil.1T 'je M lahiiehusetts f)ii "ernia nv, fijrt"rlv 11 .'.", ut i.tniinin. pHal.'e Nevpmber 1 te blutK nf remril (ietebr 14 I Int , Hal Maturity IMta Ji tVe , ,022 I...4.1 ,"r H1" ,;,iV Var,h 'J2 ..5.' ium 113 I ''fi'i June, iii.m. t".5 '"Pt 10SJ Posteone Sale of Interbore Steclt ', .Mri.h, 11)23 : " 1 I-iec , 102S Ne Verk. ficl J II MhnKelcJi trim- ! !,j.V March. 1U2D. te In tmnkruptiy en th lntor!jreiiBa I un-I In """ lUltO. . H'llidiiieil I'lirparatlen annuuncud thli n..irn- ''mpt from Fed ir that li ruin iiecnuii 10 jioitpen" until Weilniaday ' 'I A M tl" aui-tleti salg of a;tll),l.'S hur of Interl.i-nucli naiilil Tr..nnti Hteck which bail Ien pli-iln 1 under a truiu imiennent te trn ntuplre Trust t'nni pntiv 11 e urn a Ib'ii of T1.1"0.7S7 ami In ti.t it the rate uf 1 pti nut from Juh H, 1H22. teBlhr wllh rinij and ij.!nn of the nale I'oatpendiiienl nf the kh hud bi-n rifiUHited by th Kinplt" TruM nnipiin', by ceunifl repreanitlnir u majority of iri bonj benj hnldera and hy eeunael r'praentln non. anentlns bondheldra. TAcrcmAliU r due en date nf MONEY M:V 10IIK of ! numeral, opened today ut 4 5 per tent for kndlnu nnd reliewln ttmtk. 4A nr fmn't te lx mentha, 4 ,LIO LEDGER-PHIL'ADEEPHIAV MONDAY, OCTOBER 9, 1922 i . v c . Net Chun. ti Die. Sal" In I STOCK lllth '00 .. ike Krle & 'Weat.. 35 J4 100 . , Lake Krle & West pf 75 100 2 Lee Rubber 2654 T.ew 35 Ji 75 26 V4 68 U 60 Vi 2154 1354 61 130 504 93 35 54 43 014 534 53 54 424 67 39 54 30 564 1754 140 !i li 2 Vi u 1'4 u y i i4 euuu 3n i.eiiiRii valley..,,.. 69 900 1 ijiinii. Xiuiainiouve. e 1 Y2 ,. Loew'.s Inc '214 1 1xft Candy 1 3 Vi .. I.oeso Wllea 614 7 Loulsvllle & Nash.. 138 .. Mack Truck 594 7 Mack Truck 1st pf. 93 .. Malllnsen Ce 1 354 .. Manatl Sugar t 43 7 Manatl Sugar pf.... 014 7 Manhat Kiev Guar. 54 j .. Manhnt l'.tec ctfs.. 55 2 Manhat Shirt 43(4 6 Mar S't Rwy pr pf.. 67 4 Marland OH 39 ?t 5 Martin Tarry 30 .. Max Meters Class A 564 .. Max Meters Class D 1054 8 May T)ept Stores... 140 12 Mexican Petroleum. 188 Mex Seaboard 1D C Mex Seaboard Oil c 12 2 Miami Copper 29 1300 100 100 100 4900 300 2100 100 100 1200 2500 1400 100 5400 100 100 200 100 20700 ' '400 1300 100 5300 1 6600 300 100 300 900 400 3000 900 1100 300 3200 tee 100 300 300 100 2500 3300 100 100 100 2 100 3100 203 1200 6100 100 1400 200 100 1603 100 2700 700 700 500 3100 10300 16700 11800 4100 1830 100 '800 100 100 100 100 7109 2303 2C0 1700 930 100 100 300 54 2'a U Hi 2!i s H 54 104(4 15 '2 54 29 134 334 10 37 2154 50 54 22 17 10 Vt 199 61 (4 654 101(4 116 16V4 02 54 30 97 K 90 102 36V4 59 7i 30(4 25 11954 96 V, 4614 86 J4 37 24 26 95 159 1174 40 V4 4 85 Vi 50 i 79 H 77 !4 40 '4 6 94 37 741-4 784 44 44 51 14 54 35 (4 7 46 424 61 37 54 20 114 112 89 40 V, 96 1 28 40 Vi 3I?4 100 72 122 117 33 15 79 r,2'; 34 58 67 56 '4 57 18 1.4 28(4 33 524 19 44 10 90 10 30 K, 94 37 V 101 7a 11 49(4 93 26 '4 67 i 20 95 131 230 117 80 58 5' 56 133 7 94 50 59 264 1514 31 86 61 15 59 73 18 150 78 114 37 83 155 '4 81 34 73 6", 65 89 54 100 43 '05 l;2 66 21 4e 12 12 91 109 14 17 62 M 100 62 31 50 74 11 6 42 54 45 32 20 Middle States Cerp. 134 13(4 34(4 18 37 2154 59 54 22 4 17 104 200 4 62 66(4 10H4 116 -16(4-Q2J4 30 -90 V4 90 4 102 ?i -307,-25(4 .. Mldvale Steel 34 l,j, . . Me Kan ft Tex (wl) IB'i . . M K&Tpf warpd.. . . Missouri Pacific. . .. Me Pae pf . . Montgomery Ward, 37 2174 59 !i 22 IJ a . . Moen Moter Car. . . 174 . . Mether Lede MinlnR 104 7 Nat Biscuit 202 . . .Vat Cleak & Suit... 62 . Nat Kn ft Stamp... 66H 7 Nat Kn ft Stamp pflOl V2 7 National Lead pf. .116'fc 54 ' 54 154 '''a 5i 54 Nev Cen Copper. . f. N () Tex ft Mex.. . . N V Air Brake... , . NY Air nrake rts. r. N V Central B N Y C ft St L . . 16U 83 38 4 98 '4 90 14 H 1 !a 'a ? S N Y C ft S L 1st pf102 - New Yerk Peck 36 '4 5 New Yerk Perk pf. 59 "8 . . New Yerk .V II ft It 30 2 New Yerk Ont ft "W 25 !i 7 Norfolk & Western 120 fi North American. .. .1004 .1 North Am'r pf.... 46 '4 fi North Taclflc ... 87 54 . . Neva Scotia S ft C. 38 . . Ok la Pred ft Ref .. 24 Orpheum Circuit. . 26 '4 7 Orpheum Circuit pf.- 95 S Otis Elevator.. .. 1684 . Otis Steel IHs 2 Owens Bet Mach .. 40 54 . . Pacific Pevel Cerp. 4H fi Pac Oas ft F.lec.... 87 '4 3 Pacific Oil 5914 fi Pan Amer Petrel. . 01 fi Pan Amer B . . .. 78 2 PennsUviinia R II.. 40H Perm Seaboard Steel 6 54 5 Peepleu Oas Chicago 94 . . Pere Marquette. . . . 38'i G Pere Marq pf . .. 7414 fi Pm Mnrn prier pf 704 3 Philadelphia Ce ... 44 " Phlla Cefl'T pf 44 2 Phi Itp.n Pet 53 Vi . Plerce-Arrew Moter 15 '4 Pierce-Arrew Met pf 36 Pierce ei 7t4 fierce Oil iif 50 1 Plggly WlgglySt... 424 5 Pitta Ceal . . . .61 Pitts C! W Va . . 37 4 2'4 ' 4 Hi m 1':- 4 '4 I 86?4 4 38 24 4- 26 '4 95 4 160 11 - 40 Vi 4- 4 - 867a 4 14 4 !i 200 600 100 400 4100 300 3903 100 2900 200 '50 300 111 J r00 70J 3103 103 4000 250D 200 400 1' Pend Creek Ceal.. 2014 5 Pestum Cereal 115J4 S Pestum Cereal pf. .112 . Pieed Sfeel Car.. SO Products ft Ref ... 49 8 fi Pub Ser Cor of N J 97 S ''ullman Ce 131 . Punta Alegre Sugar. 40V4 2 Pure Oil 32 S Pute Oil pf 100 4 8 1 l'l Rallwav Sec .... 72 Rallwav Steel Spg. .122 54 Uv Steel Spg pf.. .117 P.and Mines 3414 Ray Cen Cenner. .-. 1514 1 Heading 797i 2 Readme 1-t pf . . 52 . lleplogle Steel . . 35'i . Repub lien ft Steel 69 i' Kep iron ft Steel pf 88 3 Reynolds T"T 11 56 54 5100 t 1.1 Rejai pmch N V . 504 . 10?a . 29 . 331,4 . 52 ?4 . 19 . 4 . 10 . 90 . 105 . 38 54 . 95 . 38 .102 . 1 1 !5 . 51 . 94 Vi . 27 Va . 69 . 20 5, . 95 Vi, 1409 1 St .Ieenh Lead. 500 . . St Leu's S Fran pf 200 .. St Leuis Southwest 100 . . Ht L Southwest pf. '00 .. Sange Arms.. 200 . . Saxen Moter. . . . 100 . Seati Air Line pf. . 2100 .. Sears-Roebuck . . 100 Seneca Copper.... 300 I5.'i Shell Transport.. 300 C Shell rninti Oil nf. in i 414 n4 'u ' 'a 29300 400 3700 900 2300 3900 3100 200 100 14700 36100 300 200 '00 800 800 36300 600 300 91500 1400 3100 400 6500 1500 200 3600 400 100 1300 1900 300 700 200 600 200 433 bOO 100 1100 2700 6600 4400 400 100 86100 100 1500 100 6303 300 700 100 1100 300 300 100 ZOO 100 1200 700 200 100 500 300 1500 600 200 2 Sinclair Censul. . . . 8 Sinclair Cen pf . . . . .. Skelly Oil . Sloss-Sheflleld C Southern Pacific . . .. Southern Rail .. Southern Rail pf. . . . Splcer Mfg . . fi Standard Mill pf . . 1 Standard oil of Call33 55 fi Standard oil of N .1241 "j 7 Stnnd Oil of N J pf 1 18 7 Steel Tube pf 80 3 Sterling 1'ieduct.s .. 58 3 Stewart Warner Spd 53 4 fitremberif Cnrb 50 10 Studebakcr 136 "4 . . Sub Beat Cerp .... 8 .. Tenn Cep ft Chem.. 9 3 Texas Ce 52 Vi 4 Texas Gulf ft Sulph. 60 Vd 1 Tex&PacC'&O 27 H '.. Tidewater OH 1534 .. Tlmken neil Hi-.. .. 31 7 Tobacco Pred A 86 4 . . Tel St L & 7 pf . . 61 .. Transcontinental Oil 15 2 Twin Cltv R T ... 60 0 Union Bag & Paper 73 . Cnlen Oil 19 10 I'nlen Paella: 151 V, 4 I'nlen Pai-IMc nf 78 7 Union Tank Car. . .IIG'-i 2 United Alley Steel.. 38 .. United DruR- 84 8 United Fruit 1554 .. United Retail Sterts 81 . U S C 1 P ft Fdy. .35 5 U S l'M'4 Fdy pf 73 ..US Feed ProduetH. 6 y 'a 54 54 ', M 5 a 154 '-i H U Vi 'A 1H Hi 1 Hi 1 4 H i H 4 54 3 Vi 154 'i 'i ..US Ind Alcohol.. ..US Realty A Imp. . U S Rubber SUS Rubber 1st pf. . . US Smelt ft Ref . fi UK Steel 7 L B Steel pf 2 Utah Copper . . Utah Securities. . . .. Vanadium Cerp... . . Wabash . . Wubash pf A . S Wells Farge Kxp . 7 Western Klee pf . . . Western Maryland . 66J0 . 91 . 55 .100 . 43 5 .108 .122 . 67 21 . 47 . 12 32 "j . 91 109 . 1 4 W 14 i !i 'i n Hi 174 . . W Maryland 2d pf. 23 Western Pacific .. 17 S Wcstern Pacific pf . 63 4 Weetlngheum A Br. 100 Wcstlntf K ft M . . 6 2 White Kagle Oil 32', 4 Whlte Moter. . . . 50 . Whitu Oil uip . . 7 . Wiekwlre Spene St 12 . Willys Overland 7 . Willys Overland pf 44 ' 54 5, Vi !i 54 5a 5i Hi . Wl'.son ft Ce ... . Wisconsin Central . 45 and Treasury Notes neserve Banks' Discount Hid .100 .100 J-10 10O 8-1 0 100 100 102 7-1(1 int. fl.ts Aakad Yield 3 33 3 33 1O0 r,-19 3 l'l 100s a :..' 100 3-32 a D 102 11-10 4.01 Trea,. 1. 1 1) txiiida, I 4 4 5j 4 ' v. linrlen .Ww Verli ., I'lillnilplphlii . rii-vrlaml Jtlrhinnn.l . . . A fin nl j ira. . 4 . 4 r. 102 f. 1U 4 OS 100 10-111 101 4 24 j ChliiiVQ .'." 1O0H I"" " M l.eu in 10111 101 4 23 MlnneapnlU . KanH City luillne fin Krumlare 100 100 i-in 4 2j 1...I normal Income tux i..iira.ni nf lncemu t4X maturity. - LENDING RATES Ne Change In Raw Sugar . ."' lery, iiei. n The law -Meney en call. Leth cluaws , Bn 1 New' .,'!." "T; " I "Hi". '!'., 1 .11.1 fi .i.l -..1 .... ' .- .------ . . u .' i"1'""!. -flj aia fie en Hatunlaj inililifr uurn there pnriiiiien reported that day. Call, A L niir rent: threa refined market ,l qulat and unchanged, with e ,J,rlcf"rniilnir from 0.25e te (l,U0e. leu - it cent for caah, Mimm.riln1 nansr. te "i par cent. . , . . AMERICAN STORES T REACHED NEW PEAK Trading in Cener.il List Con tinued te Lag, With Prices Well Sustained 1:3H Net P. M. ChK". 35 (4 75 26 54 r- 54 60H4- H 61 (i J4 21 .. 135i .. 61 4 (i 138 594 ., 93 i 354 5 43 54 814 1?i Amcrlrnn Stores wns onre mere the stellnr nttrnrtien of the Incnl market, rrnehlnR n new lienl; price nt 10(1, or n Vj point iilieve (lie previous high rec ord. Acnln the further nilvnncc Inte new lilslt Ki-euntl wns nintln en n relatively fiiiall turnover. The peult rlse eeeiirlng nil trniisactlens less than t!00 Nhates. lt wuh the name mystery. Solution of which defies Investigations and examinations of the bhrewdest traders en the street. The tleiitlns supply of the Meek apparently hns heen reduced te InilKiillleant proportion!'. While enjeyinc 11 strong tone, the peneral list failed te show the tjlight- 54 4 54 -r-424-67 -39H 30 564- 1854- 1 140 18654 2 15H- 4 13 - 54 29 est response te tnc wiuunuiB innnsn ileinnnsitratleiis en the Hlg Heard, linflue- tlmn stlniiilattiiK sneeulntive en- tliiiMasni, the effect, as is often experl eneed during the hlg swings of the New I 1 Yerk market, lias uecn e tuveri at tention from the local groups. Despite the restraint prices continued well mis tallied. In n few ehscure issues wide changes were registered, notably In the ense of Kisenlehr. which jnaile a further nili-nnen of '2 nninN te 71. 54 1 A fairly active demand continued for Pennsylvania Knllrend with only slight arlatien in tiuotntiens. I.eliigh Navi gation and Ainericnn f!ns were firm en Finnll dealings. Slight price shading occurred In the local utility group, T fi. I. yielding te ril-V a less of a U per r'ent. .ilnstirance Ceinpnny of America, en the ether hanr. retrieved Saturday's reaction. Cramps wns up a '.j point at Tu and Yerk Railways preferred nt .'" was a 1.4 higher. American Knilwajs preferred re 1. 15 1194 99W 3 46V4 4- mained linn nt til. hut the common fell hack te 14. II is understood details of the piopesed lefiiiancing plan arc being rapidly crystiillzed into shape by the beard, and it is hoped will seen be In form te be presented te the share holders for ratification. 1 3 4 Hi 9 54 1 Philadelphia Stocks 59 4 1:13 .Vet I)W 1. M. cliue. 70 70 . . 11 M 01 01 . . l(i.'(ii 1(1(! 1 ,-,:t n:i ', r.r.ii neij-f-i (!.- (!(! -j--; ii--'; 143; n 1li:i lO-'Ji-f. 70 70 . . 0! 71 2 IS'', 4R--- i I'.li. !11,.. :un, 'Alii, 's .':ti(, :va'h ', 07 07 . . 7l)'-j "IK's-H?, 413, 4 n;.. ."l!,4 Til-'U !' r.r.i. n.-i.'. . 107 107 1 17 H 47 -f- -i tn n.. 80 V4 4- 2 70 4- 3 40 Vi 4- Hlvh Q4 Am Has. . TO 100 Am Itw. 1 I 10 de pref.. 01 1110 Am Strs..l(l!i in CnnTrXJ iVt 117 Klec Ster. fitl'i .'10 (ien Asph. Oil l.WCen Mtis. I."' i 'J." In Ce N A 4l)3t l"."i I.eh Nav.. 70 L'"i O Ilisenl'r 71 llli." I'ennn 11 It l'j uir. riiiia i:iei- .".i"s ;illl de pref.. .'!lTs jw Phiia n r :.:;'i .'HI Phlla Trac 07 l.'lOMtcinliiig... 7H' l()."i ViiietiTriR" -1 1 ri 1 i;07T I.... W 14.- de pref.. nri'i KlOM'S Steel. 107 liOtVaiiailliini 47's Jle War I & S '... 10 Wm Cramp Sens.. .-.' L'OO Yerk It pf. .17 6 5a "s 94 - 2 30 4- 74 .. 704 1 44 4 44 4- 1 52 4- 15 4- ''J 36 - 1 714 4- 50 4- 424- H 61 37 - 4 20 Vi 4- (4 115(44- 2 112 4 1 894- 48(4 4- (a 97 4- Ii 131 l 3 48V4 'a 3?.a .. 100 - 7, 72 122 117 ! 2 34('8- 15 4 4 79 4- 4 52 V4- 35 4 1 59 4 14 88 - 1 56 p (4 574- 10 - (4 28 - 33 r 524- 19 t 4 44 1- 10 - 7'a 90J.4- 10 (i- 38- 95 - 1 37 ','2 ' '01 - ' ' !4 51 1 04 4- 26 - 674- 20 - 95 !b 132 4 240 4-11 118 - 00 (i 4- V4 50 4- 53 4 1 H 57 136 4- 3(4 7 4 - (4 9 7a '4 5154 4- Ha 60 27 4- 151- (4 31 94 86 V4 f- H 61 4 15 60 4 73 W- 1 B - 4 150 4 1 70 - 1162 4- 1 38 4- 54 834 94 1554 !- 81 . .35 4 Hi 73 .. 6(4- h 66 -f- 1 91 21 55 4- 100 - Vi 43 I 14 100 4 2Vi 122 - 67 4 21 4- 14 47 1- 1(4 32 4 " " 54 91 109 4 (4 '4 4 ji 23 '7 i !i 62 i Vi 100 .. 62 I 1. 32 ; 50 4 794 I '2 - Ji 42- i 45 - 1 32 r 1 I ;:t r,.T u :i7 Vet ch.tns;e tn.ide hv cnmp.il linn with last aalc en New Verlc .Stock Exihnnse. I'HIUIDKI.I'IIIA 1IOMIS 1000 Mberly Ith 4i,s "AS... Mietl l.lherty 4th 4i,s 's,. . . 100(1 City -Is '41 Dfl.JMl Hit. US ... 100"., lets inem lets s:ji.. lets 100 " ... 100 .",000 Cltv -Is Mlt .-.000 Phllii Electric -Is... 0IHI0 Plilla i:ii.ciric 1st ,-s 10001) Phlla Electric (!-.... MARKS AT 334C A HUNDRED German Currency Touches New Lew for All Time New Yerk, Oct. 0. The market for feielgn exchange opened dull and cumit. Quotations mainly represented opera- i tlens in Londen and Paris, sterling was down :,s fitnn Saturday's final; francs. (Town !'., llelgians down l.'1.., lire ilewni 1, Swisi down U, guilders down ami murks down IK. Pesetas gained 'J and j Norway showed a rally of 0, Danish ! and Swedish were iiuchniigi'd. j Sterling cables were -1.1:2, demand i t.!lf,; francs cables 7.."S, checks! i..n'i; Iirlginn cables 7.1 1 ' ' . checks 7.IO:li : lire cables ..1!S. .-berks -l.'JT'i ! Swiss rabies is. 7-. checks IS. Oil: pe seta cables 1,-.".:2. t hecks l.'.L'O; Danish cables 110. .'IL'. i-heiks 'J0.-J7 : Norway cables 17 7(1. checks 17 71 ; Swiss ru bles 12I...VJ, i hecks '.20. -17; guilder en hies .'SS.Sl, checks ;1S.7!I; marks, .(Ce,. New link cchail!;c wns limited in Montreal today nt a discount of 1-10 per cent te tlie buyer. Canadian funds In New ierk were quoted unchanged nt n premium of 1-10 per cent. The Central Turnpenn exchanges, where ehllllLVil. ucre lnninlv liiilu.r (V.ecllo-SlevaKlan leadlliL' with n rrnln of L'O points te :i.(Wi,. Polish reached a new low at .01011. Aiistrinn mwl lliingnrlaii were Ui a slight, fraction from the ixtruuc low. Uiiinaninn lest 1! lielllts, wlulc Kliinisb nml sl..iM,i gained a point, (.'notations were: Ilul garian. .(Se: Uiimaiunn. .O'.'i .; Serbian 1..ri(i; (Jreek. 'J Ml; iiiii-ling., ,lugo ,luge Slavlnn. .:!'.!; 1 'i mi i.-li. '.0: Aiistrinn .00 1; Iliiiigarian, .000 P ,. HATfUDAV H l 1 DvlNl ! Wt'OTATIONS .siar.in I nuirs I,)r lullil"r. P'mand Cables I I. I. l'v 4 ! lis un i IJ ' '11s i -jiiii as ss TODAY'S Ol'Il.VIVfl QfflTATIO.VS SIf.rllllif l-punna II-- ....ii nrn-an.1 41. 7 KtV 4 "Ti,"'?., CllplPH 4 ij 7 :.s 4 s as si LESS FOODSTUFF EXPORTED August Shipments $107,000,000, Against $172,000,000 Last Year WaMilnglen, Oil. . In.rensing ex ports of iiianiifiieiurrs, but decreasing shipments of law materliilH and food feed stuffs) in August, are shown M foreign trade reports issueil today bv the Com merce Department. Kxperts of manufactures for Autiist aggregated SI 10.000,000, cemnnreil with SlVJ.000,000 in August ,, ' y"r age. Imperls of niatiufnt tares tetnleil $l(V.00l),OO0 against S7.-.,000,00(i August, 11121. Haw mateiials expniteil duriiiL' Vu gust were ?lH,O00,0D0. against Sin. 000,000 a year age. Impert a fm- Ji'.,, month ameunicil te ,?1 10,000,000 com. pared with $72,000,000 j August ,,f last jear. August feedstuffs shipments a-'L-rn. gated 107,000,000, against S 172 000 . 000 during tint same month a vear ac'e Imports were SOri.OOO.OOO. remmmwl with ? 10,000,000 August, lil'.'l. ' '" Liverpool Cotten Rates i'eiii 1 Ultra rateti, accept, 1 ' I 4 V,' 4I 4 l 4 l' 4l! t 4 14 4 it il 1' i 41v A ' l.ltrrpnnl, drt 0 Yliern !.. ....1 I '.M Hn.linH ilitiminit f .r . ."lv. "''" -..-. - -. r.... KIIIIMI Html pile s wern ainnav en the I. ,HtH f r hilt I ill .el .el Ue'iii , Mtil.u ... u- i'.jiiiih iiji rillililllny 'i'hn mlfH were 1,111111 1,,,.K t ut 1 flHH irn .,i,inii mini, ail .uin-ile .1, I,-UM, 1 or iUlet In llie e, .I.Mlli,i; s',,1 nrci'S were' Aiiicre 111 miii.n ;..' " 1 In Klnli irimil mlitillliiu I 1 un. 1 ...."". . . u'r. Inii "...i .1. in... ,.i .7. .'"" I" ' Iiiilv -.' - 'S l..ll. J 111 1.1.11 I..-V.1. keuu niiuniir 10 Ulil. 11 HO. uii'l enlin.iri mia - nr inar- ?r - m , m wii.t'.s nii.vr in rnt.iTics ..Jill!" ..nr . '";" ,V.' '"aliln t,uH in Ihn ri-perteri any im. The local " "ui miiuimr, uue I lliiuaur Is I f irularlv nr...ininu .. .- '. "-JV! II l7n.Ur Ik. ..'-V.i'iT, "'.."' ."'. M. IIWI jGhV i.vi.1 ii:sxB.;-v!sr.As if; ctc n R. M. STINSON & CO. NORTH AMERICAN BUILDING THE PARTNERSHIP HERETOFORE EXISTING BETWEEN R. M. STINSON AND WM, M. HUMPHREY HAS BEEN DISSOLVED OWING TO THE DEATH OF MR. STINSON WM. M.HUMPHREY SURVIVING PARTNER OF THE FIRM OF R. M. STINSON & CO. ANNOUNCES HE WILL CONTINUE IN THE BOND AND INVESTMENT BUSINESS UNDER THE NAME OF WM. M.HUMPHREY TUTU OFFICES AT 319 NORTH AMERICAN BUILDING PHILADELPHIA OCTOHEn 2. 1I William J. Luckey, formerly representative of Lcc, Higginson & Ce., and William M. Kift, formerly cashier of the Schuylkill Val ley Bank, Reading, Penna., wish te announce the formation of a partnership under the name of Luckey, Kift & Ce. Berks County Trust Bldg. Phene Reading 4822-23 Reading, Penna. for the transaction of a general investment business in Reading and vicinity. The Phila delphia office of the firm will be at 875 Drexel Building. Phene Lembard 1463. Luckey, Kift & Ce. will act as correspon dents in Reading and vicinity for Spencer Trask & Ce. Members .Vete Yerk Stock Exchange New Yerk Albany Bosten Chicago Reading, Oct. 9, 1922. We take pleasure in announcing that Luckey, Kift & Ce. Berlt3 County Trust Bldg., Reading, Penna. Philadelphia Office, 875 Drexel Building will act as our correspondent in Reading and vicinity. Spencer Trask & Ce. New Yerk Albany Deaten Chicago Oct. 9. 1922. TRUST FUNDS 1916 $13 Millions 1918 18 Millions 1920 21 Millions 1922 27 Millions Constant Growth is a Sign of Geed Service Capital and Surplus "There is a local advantage" The Investment Securities Department of KOUNTZE BROTHERS announces the removal of the Philadelphia Office te the Crozer Building, 1420 Chestnut Street Hell Telephone LOCUST 5014 Keystone Telephone RACK 60&9 We Offer and Recommend for Investment JERSEY CITY, HOBOKEH AND PATERSON STREET RAILWAY COMPANY First MertRaRe 4 Bends, Due November 1, 1949 Thla company fa one of the most important parta of the Public Service Railway Company of New Jeraey, OB"', el wheae ateck la owned by the Public Service Corporation of New Jeraey. The latter company la earning about $13,00 a ahare en Ita common ateck. Price, $642 Per $1000 Bend; Yield, 7.10 NEWHALL, GROSS & DIFFEHOERFFER Real Estate Trust Building, Philadelphia, Pa. Member, New Verk Hterk hichanjie, I'hlla Hteck Kucliange, Cliloeo lte.iril of Trad RtCIPROCAl AUT0M0"- NSURANet Menni 25 Sav'nS j . WANTED 25 Shra. Phila. Truat Company 1 50 Provident Truat Cempny 50 " Commenwenlth T. I. & Truat Ce. 20 " Land Title & Tniat Ce. , 15 " Fidelity Truat Company Pennsylvania Indemnity Exchange mm Breail Bt. c Be. Penn Sgiure ' WIEGNERJ.$)CEtB&GO BARNES & L0FLAND (Certified Public Accountants Urcxel Building, Philadelphia HT B. 4TH BT PHItA. Tel, .emtiaru m v-' .$2,000,000 TA. E'" .' j? 'j, ,jtf S-J ?$;j um.D-1 a
Significant historical Pennsylvania newspapers