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P .gW
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3Q
EVENING PUBLIC LEDGER PHILADELPHIA. PBIDAY. OCTOBER 20, 1922
w i .
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City of
Philadelphia
Improvement 4 Bend
Due 19S2
NON-CALLABLE
Tax free in Pennsylvania
and exmpt from all
Federal Income Taxes
Price lOVs and interest
yielding about 3S35
Circular cm request
The National City Company
Philadelphia 1417 Cheitnut Si.
Atlantic City Chatfentr Bleck
1223 Boardwalk
STOCKS GAIN UNDER
LEADERSHIP OF OILS
Mexican Petroleum in Brisk De
mand Steel Shares Up.
Rails Active
Southern California
Edisen Company
Otn. f?f. 5 Bends
Due Feb. 1, 1944
We have been identified
with the bend financing
of this company and its
predecessors for mere than
twenty years.
Price 95 and Interest
Te yield about 5.40
Descriptive circular en request
Harris. Ferbes & Ce
Pins St, Cor. Willis
NEW YORK
PHILADELPHIA OFFICE
Widener Building
Telephone Spruce 7040
Questions Investors
Have Asked Us
is the title of a booklet
we have prepared which
lists practically every
question that might be
asked about securities
and the general subject
of investment.
Answers te these ques
tions are given in a way
which can be readily un
derstood by these who
are net intimately fami
liar with financial terms.
A complimentary copy
of this booklet will be
j sent en request.
1 Hemphill, Noyes C& Ce.
( Afsmbara Ntw Yerk Stock Eichmnfr
jPranklin Bk. Bldg., Philadelphia
J New Yerk Pittsburgh Bosten Sainton
haAn(cl Albany Syracuse Baltimore
i Wilmington Bridirnaft
New Yerh, Oct. 20. Stock prices
tnmle geed recovery from yesterday's
technical reaction nt the opening of
today's market, the whole lit moving
forward In rcpensp te n brisk demand
for oil shares. Mexican Petroleum
opened up mert- thnn two points higher
nnd seen extended it gain te 04 while
standard oil of rw Jersey was pushed ,
tip 4'4. Official announcement that no i
new financing was required by the Pa
cific Oil Company and that no dis
quietude was felt ever the dividend
found expression in a i.''& point gain in
that stock. I
Sticl shares moved upward en geed .
buying of t'nlted State" Steel common. '
which advuncetl a point. Railroad '
shares also dNplajcd morn ncthity, ,
Heading rising lVj and Northern Pa- I
citic 1, with fractional gains by n num
ber of ether standard carriers.
American Smelting, Studebaker.
IJaldwin, Columbia Gas and American
Locomotive alw were strong. Ameri
can Can was puhed up -' points te a '
new high, nnd Manhattan Shirt estab-
Ilshed n peak price en a gain of one '
point, but Atlas Powder and Krcsge j
were decidedly reactionary. I
Virtual cessation of selling pressure, !
eomeineu Willi the nppurent ease with '
which peels pushed up their favorites,
stimulated the advance, which spread !
ever n bread list. High-priced stocks I
continued te het the pace, Mexican Pe- I
ireieum extending its gain te 1(),
points. Easier money rates and a geed
recovery in sterling exchange hud n
cheerful effect en sentiment. German
marks continued their downward trend,
selling at U1? cents a hundred, another
new low record.
Cern Products, St. Leuis Southwest
ern preferred. General American Tank.
Electric Storage Battery nnd GImbel
Brethers preferred nil sold ut new high
records for the jear.
Commodity Markets j
j GRAIN MARKET
I Chicago. Oct. '20. There was little
new development in the wheat position
overnight and prices nt the opening
t were unchanged te c lower. May
I showed the greatest decline and price
movements were due largely te pit
conditions and switching of positions
, with the. volume of business small.
ine maruet at l,lert.oel was w.il te
6d lower, which wns net n full re
sponse te the decline here of yesterday,
and the market abroad gave no evi
dence of any alarm ever political de
velopments, while sterling was steadier.
Cern started unchanged te 14c lower
nnd early in the day displayed a firmer
tone with piite active euylng en the
strength in the cash situation iind de
creasing stocks.
Oats were sc te Vic higher and ruled
firm with a better demand through com
minion houses.
Previsions were inactive and easier.
Hogs were dull iind barely steady and
laru in Liverpool was 3d te UJ lower.
-ern ITfV. cieff
Pcmlwr UTS
.i.iy (I77i
07 .
Julv
Wheat
rmbr 1.121a
May 11'.'
July 1.04
Oats
r)fcmbr 41.
May i-:
July 3uS
Ilye
Lccmber
Jlav
Ribs
October 10.30
I.ird
October lO.fiO
January 0 02 0.57
Did.
i
jpen .
7S ? 074
nt; iP 07S
07S I
1 13 1 !I;
I UK Ut I 11H
1.04 .
4:
41! ft
30S
704
7U'
42'
3h
rBssMsT7!
JIBIH 1
LaHi;iEll?
Carthage & Adirondack
ltt 4, 1981
Tax exempt in Penne.
TJnilsrljFing New Yerk
Central Railroad bend.
F. P. Ristine & Ce.
Widener Building, Philadelphia
Hew Yerk EUiabeth. JT. J,
Aember .Yew 1'erfc and i'h(IedelpM0
Hteck ExchanQei
COTTON MARKET
New Yerk. Oct. HO. Selling was
rather liberal at the opening of the cot
ton market this morning, nnd first
prices showed 4 te 13 points net less.
Much of the pressure, which came from
Wall Street nnd Liverpool, was at
tributed te the English political situa
tion. New Orleans and trade houses
bought. The Seuth was a seller.
Later, the market was active ami
stronger en mere optimistic English
cnbles as te political conditions there.
Previous 12,00
D"Cmber ,. 2.1. OS 22 1)1
Jan'inry 22 S7 22. 7S
Mnrnh nn na nn en
1 --.... v- .,nn
Jy 22. IH ""HI
July 22 82 22.38
28 in
22.90
23.01
22 03
NEW YORK COFFEE MARKET
New Yerk, Oct. 20. The coffee fu- I
lure market opened unchanged te 4
points higher this morning, the better'
tone being due te scattered trade cev-1
enng. .transactions en the rail were
confined te December, Marcji and May.
rrcv. cieia Upen
0 20 Q22 fl. 230123
.... C.Ofl 0 10O11
w Vlti-11 00 S.0fl
. . . . S 7SWSO
b.59 600
December
lurch
1 May . .
1 July
Scptemtx-r
I "Hid
S. 7580
8 66 9 CO
Bayuk Bres.
1st & 2nd Pfd. Stocks
Bought Sold Quoted
Stene. Presser & Doty
111 T .
62 William St, N. Y. Hinevir 7728
LU
NEWBURGER,
HENDERSON & LOEB
Members New Yerk and
Philadelphia Stock Exchange
1512 Walnut St.
UE0.A.HUHN&S0NS
Kimberi rf tha PMlail.lrhU, New Yerk
and Onlo-se Stock BTrhanm.
Jfw Tr r rti ;,
STOCKS & BONDS
beuiht and add for raib or carried
en conservative maraln.
Bi-llevu JjJenrt Md.. 1418 Walnut 81.
N. Y.. Ill Hrnadway
FOREIGN EXCHANGE
New Yerk. Oct. HO. Opening figures
for foreign exchange today failed within
a fraction te measure up te the pre-
ununury gain in sterling. The initial
, trading was at 4.4C?i for rabies anil
4.40- for demand, a gain of a, and
ils cent above the extreme low yes
terday. Francs were down ,'IW. ; lire
down 2, Belgians down .T , Srjmnlsh
down 4 ; Swiss down II ; Norway up 11 ;
Danish up ! nnd guilders up fl. Marks
were 02 11-111, a new low rererd in
1 history. Sentiment was mixed ever
j the immediate outlook and the market
te nn extent was tingled with inter
national politics. Professionals were in
j the majority.
j Quotations were; Sterling cables
4.4(i4 , demand 4.40 ; franc cables
7.44. checks 7.43V4 : lire cables 4.20Vi.
cnecKK t.mi; iieiguin ranies u.iiu,
checks O.KDVi ; peseta cables 15..'t(l,
cheeks 15. H4; Swiss cables 18.2;i,
checks 1R.20; Norway cables 17.88,
checks 17.8.'$: Danish cables L'(i.H).
I checks 20.03 : Swedish rnbles 20.72,
checks 20.(17; guilder cables ,10.20,
1 checks ,'i!).13.
I New Yerk funds were quoted in Men-
I treal tedny at 11 discount of Vx te 3-JJ2
, per cent. Canndian funds in New Yerk
ruled nt n premium of & te 3-32
per cent.
YEBTEllDAT'S CLOSING QUOTATIONS
NEW YORK STOCK EXCHANGE TRANSACTIONS
Only Attrnaen Repert In Philadelphia Quoting Full U$t
Dlv.
SIm In t
350
330
2503
400
400
200
100
100
100
11630
203
203
200
200
630
833
233
1530
100
1300
400
1400
100
630
4400
2600
600
700
100
1700
1300
300
tee
1300
3500
430
230
333
30J
530
2f)0
303
35J0
103
103
603
930
3 JO
330
100
4 33
230
100
7403
1700
100
200
200
8TOCK ltlch Lew
Adams Expreis.... 80 79H
AMIed chem ft Dye. 64 Y 84
4 Allls-Chalmera .... 49 47
7 Allls-Chalmers pf . . 95 94 ft
.. Am Agrlc Cnem.... 36 Vi 36
.. Am Agrl Chem r. 66 H 6614
3 Am Bank Nete pf.. 53yi 534
Am Besch Magneto. 41 41
4 Am B Sh Fdy new. . 79 79
.. Am Can 76H 74
7 Am Can pf Ill 111
12 Am Car ft Fdy 180 180
. Am Drug Syn 614 6U
Am Cotten Oil pf. . . 56 y4 56 J4
8 Am Expres 14 151
.. Am Hide ft Leath pf 74 73 H
7 Am Ice 112 1114
.. Am Intemat Cerp.. 3514 34
1 Am La France Eng 1?14 12J4
Am Linseed 404 39
. . Am Linseed pf 6214 61
Am Locomotive.... 13314 132H
7 Am Loce pf 121 121
3 Am Metals 49H 49
W Am Safety Razor., 8 K
.. Am Ship ft Cem.... 5314 3
Am Smelt t2H t1 H
7 Am Smelt pf 1C3M if 2J-4
12 Am Snuff 149J, 149J4
3 Am Steel Foundries 4 34
. Am Sugar Ref. . 80 14 79)4
Am Sugar Kef pf... 107 10614
Am Sumatra Bli
9 Am Tel ft Tel 113H
.. Am Tel a Tel rts... 4
12 Am Tobacco I64H
12 Am Tobacco B 159J4
.. Am Waterworks... 2614
.. Am Watnvks 6 pf 11 !
7 Am Woolen K0K
.. Am Writ Paper pf. 3414
.. Am Zlne Ld ft Smelt 18
.. Anaconda Copper.. 52 Vt
.. Aseta Realzatlen.. 114
4 Abse Dry Goods.... 6015
6 At6h Tep ft San Fe'l.6K
6 Ateh Tep ft 3 F pf 9.
7 Atlantic Coast Llnel.2'4
. . Atlantic Fruit ctfs. . 1 J4
.. Atl Gulf ft W I S S 29T4
12 Atlas Powder it34
.. Austin Nichols 35
7 Austin Nlche.s pf . . 85
7 Baldwin Locemotlvu 394
.. Baltimore & Ohie.. h5
uaite & Ohie pf. ...
.. BarnEdall Class A..
.. Barnsdall Plan n
300 48c Beechnut Packing..
2' 1 , Pth !! B
200
100
6 33
103
200
1433
5)3
100
333
13)3
100
1100
100
700
1100
100
100
10)0
100
430
2403
400
900
630
7)0
400
100
1033
6030
530
430
1230
100
230
3100
530
200
730
240)
430
2033
121)0
19133
100
400
733
103
100
3)0
1830
533
100
100
2"0
803
21) '0
62)0
6") 13
100
200
430
1730
230
100
8)J
8030
100
1433
14
1500
53AJ
830
100
103
100
100
630
600
500
100
100
100
530
100
10)3
500
100
500
100
100
100
100
. 100
100
2700
100
1400
100
200
T500
330
3200
100
103
500
2730
200
930
3814
.5
41 1
74 ?t
7 Beth St 7 pf (new) 99M
.. Uoeth F.sherlcs.... 714
.. Brit Em Steel 13
.. Bklyn Rapid Transit 1714
8 Bklyn Union Gas...U8
.. Brown Shee 61
10 Bums Bres 138'4
2 Bums Bres B 51 J4
7 Bush Term Bid pf . . 99
.. Butte Cep ft Zinc... 714
.. Butt Sup Cep... ;3
.. Biitlerlck Ce ?0(4
.. Cadde Cen O ft R. . 10J4
.. Ca 'i.inia Petrel.. (2
.. fa Zine and Lead. 84
10 C.radlan Pacific. "8
.. Central Leather.... 41
.. Cen Leather pf 79
.. Cerre-de-Pasco ... 40 J j
.. Certaln-teed Pred.. 45
6 Chandler Meters.. 6215
4 Chesapeake ft Ohie. 64
.. Chicago ft Alten 2H
.. Chi ft Or West pr. 15 U
.. Chi Mil ft St P ??i
.. Chi M ft StT pf... 10!4
5 Chi & Northwestern 92?,
4 Chlcate Pneu Teel C5
.. Chi R I & Pac 44
.. Chile Copper 7614
.. Chlne Copper 9
.. Cluet'-Peabedy .... f5!4
4 Coca-Cela E0J4
.. Cel Fuel ft Iren... 32
3 Cel & Southern 49
6 Celum Gas ft Elec. .1 10J4
.. Celum Graphaphens n$
.. Cel Graphaphene pf 10
.. Conpel r'lrar '0J4
8 Consolidated Gas... 142
.. Consel Textiles.... 10J4
.. Continental Can.... p6
4 Cern Products Ref 132?,;
4 Cosden ft Ce 9J4
7 Cosden ft Ce pf. . . . 100 J,?
.. Creclble Steel 6
.. Cuban Am Sugar... 72 fi
7 Cuban Am Sugar pf 97
.. Cuba Cane Sugar... 314
.. Cuba Cane Sugar pf '7 '4
.. Davisen Chemical 391;
. . Debeers C Mln Ltd ' ,
9 Delaware ft Hudsen 1?7 14
6 Del Lnclt ft West. . 41 14
g Detroit Edisen 1 3?4
2 Deme Mines 39 yt
5 Eastman Kodak new 70$
8 Elec Storage Bat.. 'By,
6 Endlcott-Jehnson .. 16ft
7 Endlcott-Jehnson pf 116
.. Erie 15
.. Erie 1st pf U
8 Famous Payer. L..1("0
10 Fisher Bedy '39J4
8 Fisher Bedy of O pf 95
. Freeport Texas 4
3 Gen Am Tank 78
1 Gen Am Tank pf. . . 105
.. General Asphalt...,
6 General Clear
.. Gen Elec Wl pf. ..
.. General Meters...,
7 GImbel Bres pf. ...
.. Goldwyn Pictures.,
.. Ooedrlch B F ,
,. Grnnby Mining.. .
7 Great Northern pf
4 Grt North Ore ctfs
.. Gulf Mobile ft North 16 H
.. Gulf States Steel... 90 15
, . Hablrshaw Electrio 1 4
7 Hartman Cerp 85
.. Hendee Mfg 22
.. Housten Oil
3 Hemestake Mining
2 Hudsen Moter Car
1 Hupp Moter Car..
7 Illinois Central
(314
10
10J4
4?
102
714
34
20 H
Si2
38
84'i
72 '4
21 'a
2,1,4
113
Inspiration Cen Cep 3815
. . Inter Cen Cerp
. . Inter Cen Cerp pf .
. . Inter Rapid
. . Inter Agriculture..
2 Inter Cem Eng. ...
. . Int Mer Marine...
6 Int Mer Marine pf
. . Int Great North wl
. Inter Nickel
6 Inter Nickel pf. .
. . International Paper 59 H
.. Iren Products 4914
. . Island Oil
.. Invlnclb'e Oil Cerp 16 H
4 Jenes Bres Tea....
. . Kansas ft 'Gulf....
. . Kan Cltv Southern
Krivaer A Ce new.
8 Kaysernewpf 103?4 103
.. Kelly-Sprlngfleld .. 4414 43
H
I
261,
814
27
14H
59 J4
24
I6'j
80
52
23 H
4714
-eya
13 J4
4
16215
H914
26
51
100H
34
1814
5114
1J4
6014
106
9214
12214
174
29 ft
16014
J5
85
13814
1:44
13 K
:B14
.5
41
414
9914
714
13
17J4
1 8
60
137
51
99
7
33 J4
20J
10
62
8H
1714
41
79
40
45
6214
75
2Ji
15
1
5014
-2
65
4314
2514
row
6514
79
3?
84
110
2?i
10
40
41
'055
'5
914
714
100 14
5
214
97
'315
'714
38
3K
13714
3814
"'14
'8?i
'615
17
15
116
15K
?415
9914
3914
95
3?i
73 H
105
f2J5
7 H
10 x
144
101 j
714
34
30 H
945
38
15J4
89
IK
es
iZ
E4
7215
21
22
113
3814
H
1
261
814
27
14H
E814
24
'65a
80
59 H
49
H
16,
5214
"H
2314
614
tils
P. M
80
84
49
95
36
6614- 1
Net
Chse.
Yi
H
1
-
5314
41
79
75
til
190
614-
H614
154
74H
11114-
35 -
1214
40J4 1H
y
14
14
Ui.
i
y
14
314
H
14
M
6114-1
1324 J4
121
49 14
8 H
13 H
62M H
103H 1H
149J4 1H
414
80 IK
107 1
-814- 14
1H- 14
e414 'lJ4
.5954 H
26 - J4
51 - 1
100H 14
3414 ..
18H 14
2H IK
114 ..
60J4 14
IC614 14
9 K )4
12214 K
1H 14
2914 14
ic3J4- ?4
S5 1
85
38J4 K
'H14 14
b3J4- 14
3814 IK
45-14
4114 114
'414 114
9914 ..
714- 14
13-14
'715 14
118
61 1
137J4
51
99
7K ..
3314- 1
?0J4 ..
10-14
62 IK
8K- 14
'8
41 K
79 J4
?4 n
45 1
62 14 14
764 114
2?4 14
1514 14
14
S0J4 H
92K 1
p5
43J4 K
64 t
9 K
f514 14
80J4
?? - J4
'814- 14
11014 1
2-K ..
10 - i4
40 Ji
'41 1
'01-4 . .
r5!4 X
32 254
9K IH
10014 ..
.5 14
22 K 14
314 '"K
in. j,
39 i
3K H
'3714 .
4014 214
'1315 ..
3914 U
(714 H
18 1
2K
IfK ..
?J4 ..
9914 H
3914- 2
W - J4
4 14
77 3K
105 ..
"2 K
0 IK
10J4- 14
4K ..
iei4 14
7 4 . .
34
30?4 )4
94 J4 j4
38-54
16K 154
9014 IK
w y
es 14
22 14
8414 2K
7214 54
21 H
22-54
113 - J4
3814 K
H
J w
2614- K
814 ..
27 K
14K- H
5914 ..
24 ..
I654 54
80 14
59K 14
4914 14
K
1654- 14
5214- 14
2314- li
17 1
103 - 54
43H 14
Salaa
100
12700
100
200
1103
Dl..
m 1 BTOCK Hlsh
Keliey Wheel.. ... 99
. . Kennecett Copper.. 35 ft
. Keystone T ft R. . . . 7
7 Kresge S 9 178J4
122 8H Phlh V"ey 7,K
nan .? if nubber 7t-J4
"30 H Lima Locomotive... 59K
'00 .. Leewg Ine il
?22 2 k0'1 Candy 12
122 " r"1rd (Pierre)., 172
00 .. Loese Wiles...... i 60
100 7 I-eulsvl'le ft N4h.. 142
200 .. Mark Tnmb mU.
7 Mack Truck 1st pf. 92)4
. . Marma Copper..., 3
6 Msekay Ce 101 U
7 Manatl Sugar pf... 1114
.. Malllnsen Ce :5H
7 Malllnsen Ce pf.... 97 K
7 Manhat BUr Guar. 55
.. Manhat Elev ctfs... 5?
2 Manhat Shirt 57 K
Mar St Rwy pr pf., 6814
4 Marland OH S7
2 Martin Parry 29 J4
.. Math Alkali 50
. . Max Meters Class A ES
.. Max Meters Class B -6K
8 May Dept Stores... 135
12 Mexican Petroleum. 728
8 Mex Seaboard 17ft
6 Mex Seaboard-Oil a 17
2 Miami Copper 28
100
20)
300
103
68)0
100
203
100
83)0
130
64)3
200
200
100
2100
100
269)0
1000
700
1e0
200 1.20 Middle States Cerp 1314
.. Miavaie steel 34
.. Me Kan ft Tex (wl) 1714
.. Me K ft T (wl) pf. 4414
.. Missouri Pacific.... 2114
.. Me Pac pf 58K
.. Montgomery Ward. 22
1 Moen Moter Car... 17
tt Mether Ledt Mining 1 K
7 Nat Biscuit 237
7 Nat Biscuit pr I6
.. Nat En ft Stamp... f7
6 N T Central 99ft
N Y C ft St Leuis.. 8914
300
2030
400
100
500
100
200
3933
2400
203
300
3300
231
100 25 New Yerk Deck.... 35 14
.. New Yerk N H ft H -2J4
7 Norfolk ft Westere.Klft
6 North American.... 9614
8 North Amer pf 4f 54
6 North Paclfle c914
.. Okla Pred ft Ret... V4
.. Orpheum Circuit... 25ft
. . Pacific Devel Cerp. ft
5 Pac Gas ft Elec... 6314
8 Paclfle Oil 52(4
8 Pan Amer Petrel... S2K
8 Pan Amer B 12K
.. Parrlsh ft Bingham. 12
2 Pennsylvania R H.. 48 K
.. Penn Seaboard Steel 4ft
6 Peeples Gas Chicago 5
.. Pere Marquette... 28 -,
2 Phillip. Pet 51
7 PhlKlps-Jenes pf . . . 9014
.. Pierce-Arrew Moter 13
. . Plerce-Arrew Met pf '4 ft
3 PhllaCe6pf 43
. . Pierce Oil ft
. . Pierce Oil pf 44 ft
4 Plggly Wiggly Stere 4314
.. Pitts Ceal 59ft
.. Pitts ft W Va.... T9
6 Perte Rice Tobacco 83
C Pestum Cereal 11815
.. Pressed Steel Car. 89 K
. . Producers ft Ref. . . 8 14
6 Pub Ser Cor of N J 96
8 Pullman Ce 132
.. Punta A'.egre Sugar '5ft
2 Pure Oil 30ft
.. Ray Cen Copper... l'4
4 Reading 82ft
2 Reading 1st pf 53
2 Reading 2d pf 524
.. Remington Typew. 3,6ft
.. Rem Typew 1st pf. 93 ft
.. Rcplegle Steel.... 3214
.. Repub Iren ft Steel !54
Rep Iren ft Steel pf 86
I6JJ
20)3
233
100
3930
23)3
730
46)0
430
37430
332)3
195)3
200
9)J
230
3)3
833
210)
100
22 J J
730
100
230
100
200
200
200
500
1333
100
4633
333
670
530
1703
6)3
28730
430
500
3)0
100
100
I33
100
303
830
Republic Meters.
8 Reynolds Teb B.
17 VI 4.13 Royal Dutch N Y.
100
100
430
100
1730
2830
5)0
100
1470
13)3
3430
2103
430
2)3
3703
7833
233
100
1030
408)0
433
103
100
10j
4)0
9333
1833
200
3)0
100
3733
1433
5503
6233
1533
3230
230
1233
200
703
100
1700
633
2933
100
830
3370)
1433
630
433
200
5 J J
730
830
100
1900
100
3)0
103
103
503
tee
100
100
100
1300
930
200
400
100
100
2
59 K
FRft
40
IP 15
8?a
50
138
334
61ft
(6K
. Rutland pr
1 St Jeseph Lead...
. St Leuis San Fran
. St Leuis S Fran pf
. St Leuis Southwest, 1514
. St L Southwest pf. . 57 ft
. Saxen Moter 4
. Sears-Roebuck .... 8?
. Seneca Copper 9ti
200 1BBV4 Shell Transport... 374
6333 2 Sinclair Consel 34 K
.. Skelly Oil U i4
6 Southern Paclfle. . . 95
.. Southern Rail '614
6 Southern Rail pf. .. . 694
. . Splcer Mfg 2e
4 Standard Oil of Call 77
6 Standard Oil of N J721 ft
7 Stand Oil of N J pfl'714
7 Steel Tube pr 81ft
3 Stewart Warner Spd 13
10 Studebaker Ii34
.. Sub Beat Cerp 7
.. Superior Oil 5K
.. Superior Steel 32ft
. . Sweets Ce of Amer. ft
. . Tenn Cep ft Cham . . 4
3 Texas Ce 50
4 Texas Gulf ft Sulph 0 4
.. Texas ft Paclfle.... 29
1 Tex ft Pac C ft O.. '5K
.. Tidewater Oil...,
8 Tlmken Rell Br.
.. Tobacco Products
7 Tobacco Pred A..
.. Transcontinental oil '4
.. Union Oil '8
10 Union Paclfle 49 K
4 Union Paclfle pf . . . . 78
.. United Retail Stores r4
..US Express 714
..US Feed Products. 6
..US Heffman Mach :0ft
.. U S Ind Aloehol...
..US Realty ft Imp.
..US Rubber
8 U S Rubber 1st pf.
..US Smelt ft Ref. .
BUS Steel
2 Utah Copper
. . Utah Securities...
,. Vanadium Cerp...
., Vlvadeu Ine
. Wabash of A
1 Weber ft Hellbrener 10 ft
6 We.te Farge Exp. . 97
.. Western Maryland
., W Maryland 2d pf
. . Western Pacific. . .
6 Western Pacific pf
7 Western Union Tel 114ft
4 Westlngheus A Bt 99
4 Westtnc E ft M 62 ft
4 West E ft M 1st Pf 74
2 White Eagle Oil.... 31ft
4 White Moter 50
.. White Oil Cerp.... 614
. . Wlcklre Spene Btl.. lift
. . Willys Overland... 6ft
.. Willys Overland of. 0ft
.. Wilsen 4 Ce.. .. 42
7 Woolworth F W pf 125
1 Wright Aero 10,
68 ft
154
'74
98 ft
, 42
.IC9H
67 ft
19
, 44 ft
, 12
31 15
14
22 H
176
59
Kx-dlvldends.
Lew
99
34
7
178
F3
70J4
6ft
59 ft
21
12
172
60
142
f64
92 ft
3
101
'81 J4
5
97K
55
82
5514
68 ft
6
9ft
50
5414
15K
135
220 ft
17ft
16ft
28
13ft
34
17ft
44ft
21ft
58 K
22.
16K
10
232
1.5
66 K
99 K
8 ft
35 ft
2
1 Oft
6ft
4bft
8K
14
25 ft
IK
3ft
50 K
Oft
90ft
12
8K
4K
93K
37 ft
49 ft
90 ft
12K
3 ft
43
6
44 ft
43 K
5914
8ft
81 K
7
89
47 54
6
131
5K
30 ft
' K
8014
5214
K2ft
36 K
93 ft
-214
4K
86
2
5PK
r7ft
40
18ft
8ft
50
:4
'6K
3ft
84
9
J74
-3?4
10 ft
94 ft
?f 14
69 K
20
I 44
2-64
1 14
8114
F214
29 K
6ft
'K
3214
214
rH
49 ft
60 ft
29
514
38
314
61ft
1514
3
7ft
484
78
"24
71i
54
0ft
67
"54
r6
98 ft
-114
' 8ft
'6ft
1814
4
12ft
3114
10K
97
14
22 ft
17K
59 ft
114ft
99
62
74
31ft
50
614
014
6ft
40
41ft
125
10ft
lllR
P.M.
99
35
7
178
3
71
Net
Chse,
- 1ft
ft
- 3
ft
1ft
K
ft
ft
26ft
,.59 K
21
12
172
60
142
6ft ..
9214 ..
3
10114 2K
8114 'ft
ELECTRIC STORAGE
TOUCHES NEW HIGH
Stock Mounts te S8 eh Geed
Demand Lecal Stocks
Shew Fafr Strength
UK I
Stocks traded In en the local exchange
were Btreng te higher In' nn animated
opening session this morning, gnins be
ing scored which rnnged from a' sranl)
fraction te 3 points, with business scat-
'51$ t !!? tcrel Pretty well ever the whole list.
Continued demand for the shares of
the Electric Storage Battery Company
resulted in another new high record en
the local beard at 08, n Quarter above
the best price reached yesterday, nt
which quotation the i&suc returns some
thing better thnn 3 per Cent. Intima
tions of an extra or nn increase in the
dividend rate continue.
American Railways, the preferred of
which was one of the features in yes
terday's market, wns taken up in the'
cany market, ana tne common carried
an eighth higher te 15V4, the preferred
gaining S points. American Gas, which
made n sensational spurt with the be
ginning of business yesterday, failed te
appear early today, nnd Klscnlehr was
quiet at close te last night's closing
figures.
Yltll the exception of Phradclphia
Rapid Transit nnd United Gns Im
provement, home ares held firm.
Rapid Transit was in only mod
erate request, and en sales of less
than a hundred shares sagged te .13, a
less evernlcht of . Philadelphia In
sulated Wire wns up, as was also
T'nlted Companies of New .Tersey.
Philadelphia nnd Western preferred
u t'nl n enmc out, but without change.
llends were quiet but strong. The
largest transactions were In Philadel
phia Llcctrlc 5&s, which changed
hands as 101 .
U li
rJJ J. .i
.iiPillaytit
1 mmm
qEffiflPBKMBHBJJp
'V vMampMywH
J
I L' "v?
1
52 K
57 2K
68ft ..
6 -
4 IK
5Sft? it
,35--..
27 7K
17ft ft
17 ft
28-ft
13ft ft
34
17ft ..
44ft- ft
21ft- ft
58 K ..
22
17 ft
' J4 ft
233ft K
1-5 .
b7 1
99ft I ft
8 ft- ft
35ft- ft
2 14
i.l 94
96 ft ft
4ft
89ft
ft
25ft- K
IK- K
3ft- K
51ft 1ft
214 2
92K 2
12 K
tK
"ft ft
95H- 1ft
7ft- ft
49K K
90ft- 7K
12K- ft
314 1
43 - 1
ft
4ft 14
3ft ft
59ft 94
39 14
83 2ft
117ft K
89K K
'7K K
96 1
131K 1
5Kr- 14
30ft ..
1JK
82ft 2ft
53
52ft ..
36K K
93ft- ft
3214 14
15K ft
86 S3
2
59 1
B7ft- 94"
405
18ft ..
BK
50-ft
'5 1
'6K H
A
89
914 ft
37 K 14
34 ft
10ft ..
5 K
"6ft ft
694- ft
20
4K IK
192
'14- 14
81 14 - ft
52ft 114
0-2
7-14
!K- '4
3214- K
ft
994
49ft K
60ft 9
29
5K ft
38 -i3K-
14
61 ft ft
i6 ft
3K K
714 ..
49K ft
78
4 1ft
714- ft
5ft- ft
Oft- K
68 K ft
K5ft K
r6V4 ft
98ft- ft
41 K- ft
84 1ft
6794 1
1854- 14
"4ft 1ft
UK- ft
31 14 14
10 k- 14
972
14 - ft
?2 K ft
17K- ft
59M ft
1 14ft
09
62 ft ft
31 14 " 94
50 -. y.
614 ft
OK- K
6ft ft
40
41ft ..
125
10K ..
LIVESTOCK QUOTATIONS DIVIDENDS DECLARED
Knat llurTiile. N. Y., Oct. in. f'ATTI.K American .Machine nnd Foundry Company,
nerenta. 83 head. 81-ady ti atrenir H"k dividend of 2O0 per cent, payable Ne-Calve-
receipts, SO0 head; 6Uc higher, J5fc , VHmr 1& te itockheldcra of record Octo-
. Ue'nubber and Tire Company, quarterly
0(1 centa. payable December 1 te stock or
Mli, nnit Pnwer Coin-
4 Mar
T H June,
t34 dent
t04 Jun
Ilema
Cablea
TOUAY'S Ol'ENINQ QUOTATIONS
Hterllna: Franca Lire Oulldera
Demand -MIIH 7 i3V. 4 20 SD.tft
Cables 1.40 144 4,Z0Vi 80.20
1 ". r.ft
w'iriu TtsAlntH. 7200 llfud. Vlun ntfiidv
nth;?. r IB S SSe lower, lleavy. ID TJ. lie 25 ?iUd "'ober 18
mixed and yerUer..O.J8 11)35, lUht Central Al.eni.
erkra. 10.:iiwiw..'i y'"". ! t-i.-u, Iiany. iuartrly 2 per cent en common am .8i tvnt
rausha. fS; atiisf. 1IH .... 1 preferred wavulile .November 18 te ateck efitM'i .Mar
PIIKKl' a.-nu .'"." VifTi.S.' """ , reeera October 31. . . '45. Dei-
head. Tearllnira. 6O0 hlaiier. J0P12. Precter-Oamli e Company. Quarterly of n ttl. Mar,
vr cent un common, payable November 15 t'4'i Hept
IU BLOCK nr rernrtl (rtnlir 'J7t
Unmlnlen llrldge rjempany, quarterly of
1 per cent, payable November IB te stock
of record October 31. , .
Pullman Company, auarterlr ' Pyble
November 18 te ateck of record October 31.
nebert Oatr Company, quarterly 14 Per
cent en first preferred, payabla November 1
te ateck of record October 20.
U.S. Certificates and Treasury Notes
int. Maturint;
Hid
..100
..100
..100
..100
..100
..miu
..101H
Itatn Date
tSU Dei' , 1022.
JT--1H Dec
rittaliureh. Fa..
enlpta, 400O bead. .
Oct. 20. 1IOOS n-
tlivner; neaviee, J10 25
Sterling Franc. Lire OulMer, ;' tarsM 10.'0. Ilsht yerkl?.
nd 1 15& II'!,, A'ii.. 10 10 JJnd iDlaa 110 40O10 BO.
4.4H 7.4HH 4.22W Stt 111, "hijkEi' AND LAMIIH necelpta, 800 head.
J I 8tetsen New Plan Operative
rrsrxnpRrfiWBr&r-
Nueeraaara te
M RAILKR ft HTKVKNSON
4ja4 and ateeka lieiulif nnd sela.
n lt
Thn Jehn U. Htetsen Cemnanv raranltal.
Iiatlen plan haa been declared operative,
mere thin 08 per cent of both the common
and the preferred ateck, bavins been de
posited with the Philadelphia Trust Com
pany, depository, under the agreement. The
final semi-annual dividends en the ateeka
of the preaent company, at the usual
rates, have been declared for the laat
half of 1022 aa follews: 4 per cant en the
preferred and id ner cent en me common.
im. N11431M & c
.X&fA-k;
fl'M
14
'fcar.
ckicaoe
payable' January IB. 102S, te atockhelders of
plan.Nand will be prepWred sbartly te Issue
record October Ml, 12!. Tb new company
has been Incorporated ,as, provided by the
DlanAund will be sreeWred sbartly te Issue
Its preferred stock en 'the. basis of four
T
aharesVef the par vlu of fk-B. for ach
eps share of tha vnnrn4 .Meck of. tha
ui.rfv Tr.n aheen. Sl.eu; uin tames lis.
CAI.VEH Ilecelpts. 230 head, Steady.
Tep, J.
Federal Reserve Ratios
iv..i,iHrfiM. nrt. 20. Halles of total r.
serves te net deposit and Federal Reserve
note liabilities combined, for the twelve
Federal Reserve banks and the entire sys
tem; as of October 18, 1H22. compared with
last weeK ana u ,, ... atwu m me
table below i - , ... ,, . ..
w... -v.. .. vitl. IV
1022
7.(l
78. H
18.(1
70.4
74.3
T6.9
80.8
flS.l
1S.R
as, a
. . .
. . ..
... .
. .
. . . .
Dosten . . .
New Yerk,
Hr.lla-lelphl
Cleveland
Richmond
Atlanta ..
wnicafe ,,......
nt. Lrfiuis .......
Minncasella ......
Kansas city . ....
Pallas
Ban Francisce,..,
e.B
f,a
1S2
75,0
78,7
77 2
71.4
78. B
81, 9
H4.s
70,4
78.9
64.2
70.0
7.
1021
7V.0
bS.O
BS.4
08.1
4U.D
70.0
08.1
89,2
Weel Prices Generally Higher
UeeUm, Oct. 20. The Commercial ilulle
tln tomorrow will ay: "The demand for
wool haa been keen throughout the week
nnd for all grades, with prices generally
hliher. Manufacturers bava been havlna a
healthy business, even at the advances, and
hve been ceverlna their wants In raw mate
rial nulcklv The Western situation la
hardly chansed. the trade, awaltlns the
ei me Texas poeie,
opening
J
Liverpool Cotten
Liverpool, Oct. 2J. Spot cotton was quiet
today, with prlcea lrrefulai.jallddllns was
20 points lower at 18. Sed. ' Tb sales were
Tha racelDta wSre 41,000 bales.
... -. .-. li Uh.i.
a-uiures
5000 bales
IrrlnAlnv ST Unn Ha'a- 1 Miarl
S!-?" auady in the saTI7,,.
Kmmrmtirnm'i
Csii''ai'.'ii-
. 14.eedi
f IS.UBdi
SOOd
1(122
1023..
1023..
1028..
1(124..
1024..
1B28. . . .100 7-18 100 11-10 4'.5t
iu;-a.,.. ru 100 4 at
1p2ll....ippI 100T4 4'4R
?aa.....nn i00 4.;s
.....-l .. --
A-kd Tleld
100H
100W
loell a.fis
100 1-1(1 8,04
100 1-16 3,(17
102 . 4.3H
193a m
Ihkchaniceable until
ii'.Au.K."ff unlu !U,UJ' net ce for
IB 1082 Oevernrnent 4Hs, due October
ii;il?.?i.fir"Vred'r1 n"il Income tax
tAcceptable for payment of Income tax
due en date of maturity. .ins lax
Reserve Banks' Discount Rates
Official rediscount ratss at the twelve Fed
eral Iteserve Utnke are sa fellows!
bends, papsraccent,
sae ?.. ' ?
Treas.
cirs.
New Yerk' '.'.'.'.''.'.
Philadelphia
nichmend
Atjnnta
Chlcaae ........
Kt JjjuIs 4V
Minneapolis i,
iunias city
usnas ., ,
Ban I-Van
mns ',
City if
........... 4V
anclsce . . 4
11
. i)
!
Ne Changevln Raw. Sugar
, New Yerk, Oct. 30. The rail euiar mar.
ket la quiet and unchanged, fjlh Cubas for
October and November hlrV T. ququd at
8 He. cost and frelsht. Ncft Vwers re
ported yesterday. The lecald market
is. unchap4ii;v,seHl.,Ml te.leaMicl
Philadelphia Stocks
Net
High Lew 1 P. M. e . e
140 Am Gns. . 78V. 78 78
1113 Am Ilwys. 15 Vj 14 10'4-j- i
j.iu iieiirei.. ei oevi U7 3
8." Am Strs.,102 102 102 3
300 Klcc Ster. OS'4 57 08
iue i,en viuiey
Transit.... 7 7 7 Vt
lUTJinrrd un nuy. 3ft aevi-
105 O Elscnl'r 80 8Z 85 1
DO depref..l00 00 100 1
C38 Pcnnn 11 It 484 48 48 . .
30 Penna Salt 82 82 82 . .
85 Phl'n Insul
AVire.... 37j 37j 37Vj
iv rinin ie
rum nf JO .10 Jl
332 Philn Klcc 31 31 31 U
00 de pref. . 317, 31 317.'.
SO 1'illln 11 T 33 33 33
15 Phila & W
pref 33 33 33..
SOOToneMin. L"4 2 2..
305 U G I 53 52 02
12 lT Ces NJ.201 201 201 4-
300 Yerk Itwy 203 29 20
tNet chanKe made by comparison with last
tale en New Yerk Stock Exchange.
PIIILADF-U'llIA 1IONDS
000 Amer GrtR & Elec os..lets 8S
3000 Electric & Pee 4s
1000 Lehlzh Vnlle.v Ceal 0s.
3000 Phila Electric 1st Cs
4000 Phila Electric 5b
5000 Philn Electric 5s
;:ueu unitea ltniiwnys 0s,
.lets 70
.... 101
100
101
101
87
Philadelphia Federal Reserve Bank
The statement of condition nf the Phlladel-
ghla 1'cderul Iteserve Hank at the close of
uslness October 18 follews:
RESOURCES
Oct. 18 Oct. 11
Geld nnd cold cer-
tl"cate J0.C03.40O JO 210,000
O e I d settlement
fund Fedral Re
serve Deard 31,448,070 40,771. 14C
Total geld held by
bank 137.842.370 $40,082.0 is
Geld with Federal
Reserve acnt ... 101,734.708 100,878,0c."
Geld redemption
fund 8.87R.002 11,304 132
Total sold re-
sere $211,473,144 1220.428.148
Legal tender notes,
silver, etc. . .. 10.P04.SU 10,414.004
Total reserves... $228,370, fl.'in $23(1,830.240
Bills discounted.
secured by United
States Oevernrnent
obligations $28,028 810 $20,380,000
All ether.... 18,828,533 10,017.104
mils bought In open
market 20,203,170 10,840,004
bills
en
24.140.150
Total
hand $08,744,623
United .states bends
and nettn
United States cer
tificates of Indebt
edness: One-year certificates
(Pltmann Act) ...
All ether
11,000,000
5.1)07, .',00
$00,122,828
23.U10.830
3,000,000
0. 483. 800
Total earnlne as
aeta ...... ....$101,852,173 $03,102,878
Bank premlies (In
cluding vault) ... . $003,247 $003,247
Five per cent re
demption fund
against Federal
R e a e r v e Bunk
netea 250,000 280,000
Uncollected Items . 01, 844. 71(1 50.(1(1.1.(178
All ether resources BS0.11C 844 317
Total resources.. $303,870, 008 $382,004,787
LIABILITIES
Cardial paid In . . . lO.lDA.iHn
SurplUH 17,045,146
Depesits:
Oevernrnent . . . 177,000
Member Hank Re
serve account .. 111,723,800
All ether 470,323
$0,104,480
17,848,140
834,010
106 347,318
013,484
Tital depenlts .$115 380,410 $107,708,482
F e d e r nl Iteserve
notes in uciuai
rlrrulntlen . . $103,080,250 IBS ni".r.
F d e r nl Retere M
UHnK neies in cir- -
culatlen (net 11a-
h'lltv) '' 4R? (inr, in ...
p.ferred avallabll- " ..
lie 1.708,350 1,071,412
Total liabilities.. $.11)3, 870. 00S 1382,004,787
Federal Rererve neti. llndMlil-. 1.,.
weejc of October 18. 73,8 per centf previous
week, 77,2 per cent. " '"""
MEMORANDUM :
Contingent llabllltlea en hilln purchased for
foreign correspond nts. wtk of Octeber ut
$2,103,278: preMeus week. $2 103.275.
MONEY-LENDING RATES
NBW YORK Menoy en call, both classes
of collateral, opened today at VA per cent
for lendlnr and renevlrrt. " per cent
lIIIMnKLrilIA Call. 8 per cent: time
4.H te 4 per cent I commercial paper, three
te six months, 4H te 4 Per cent.
'BANK CLEARINGS
Bank clearings today compared with corresponding-day
last two jears; "" vur
1022 1021 in..
Phila. ..188,000,000 $07,000,000 I88.8s"7.717
BAR SILVER
Demestic bar silver was unchanged In
J,ew; Verk today at 00ft e per" nn, ,'eunc."
foreign, eete, a decline of 0. In Lon-den-the
pries was 8-lfld off ut 38Hd,
German Bank Statement
Berlin, Oel. 30.-The statement of the Im.
perlal Ifank of Germany as of October 14
shows ths following changes In markst Te.
tal ce'n and bullion Increased e.S69,00O:
geld decreased 1000: treasury and lean asso
ciation notes Increased 8,871, OSO.OOOi notes
of ether banks Increased 1, 888.000) bills of
exchange and cbequea Increased 0,818,212.
000 1 discount and Treasury bills Increased
44,l2u,ueu.uuu; savances increased UD.UIV,
rtreirraia
. t . t r
' CHAltLE8 E. INOERBOU Pms.
BTANL.JAI m. vriuvvN, vie Prss.
ARCHIE D. SWIFT,
Vke Pre., Cashier
DAV1D.R; CAR80N()Asst. te Pres.
AI4BERT H. ASHBT, Asst. CasMUr
WILLIAM , POST. .ut, s
ss Chairman Executive Certisaittee
We Will
Open Oixr
New Office
Here
x ' a "i '
V CAMsUA JT.
P0iT
OFFICE
l'SV,i
IJIIbeV
:erir,tctT.a
4
T
LL
L
Central National Batik
of Philadelphia
Chestnut Street at Bftt
Capital $1,000,000 : ,
Surplus and Undivided Profits Earned H,70Q,000
U
Commercial Letters of Credit x
' Nr The efficient method of financing imports uy
Hj and experts. nh
11 laiiein in rir.iltiia Srj.linr anl nlli.i, mill slf
ml r.nriea. IibI
fljl 4RSak eapjak ess A L,
mi inftiwnsrii mwmmmwasmmms mi
Vi IHI 4EI, JFm rlh
HI FOURTH & CHESTNUT STREETS (HI
PIC New Yerk PHILADELPHIA Ra-tm, IHI
IWI BROWN, SHIPLEY & COMPANY, Lonfen IKJ
U. S" ' - - . . ' - w Si -m-m s l IJJI
wiiii "aawsSBaassssssssasassaassssssssgsssssaa --L: -
Vi BaHalaBal A N
'.r'' .'. SSI r IssaglSlBJ.
SPECIALISTS
We make a dependable
market In all Issues of
UNITED STATES
GOVERNMENT
SECURITIES
COMMERCIAL
TRUST COMPANY
Member Federal Reierve tyitera
City Hall Square
WINTER TRAVEL
Tends toward Autumn Adver
tised Resorts. Our experience
in railroad and hotel cam.
paignt is at your service
Jehn Clark Sims
Company, ltd.
Ctiural Advtrtuint littnti
218 Seuth 16th Street
PHILADELPHIA
Phila. & Rdg. Tml. 5s, 194!
Phila. & Rdg. Imp. 5s, 1933
Midland Valley R. R. PfdVTC.
Midl'd Valley R.R. Cem. VTC.
Northern Liberties Gas Stk.
ISAAC STARR, Jr., & CO.
16th and Sanson. Sts.
Philadelphia
Hemecra Philadelphia Stock Exchangt
New Yerk Cotten Exchange
Rockterd Gai Ll. & Coke Ce. Si, 1959
Henhejr Cbocelate Company 6.....1942
Scranton Railway! Company 5i....l947
Lehigh Valley Term. 5i, Conpen or R(d.
United N. J. R. R. & Canal 4..... 1929
Chi., Terrs Haute & S. E. Inc. Si. 1960
Weil Shere Railroad Ce. 4i. . . .Jan. 2361
New Yerk Connecting, Ce. 4'i. . . .1953
Southern Indians Railway Ce. 4s. .1951
Resdinr J. C. Cell. Tr. 4i. . . .Apr. 1951
Merrii & Essex Railroad 3',2i 2000
Central R. R. of N. J. 5i 1987
SAMUEL K. PHILLIPS & CO.
U. S. Certificates
of Indebtedness
5 Sept. 15, 1924
Elkins, Merris & Ce.
Land Title Bldg., Phila.
Ksmbera
Maw Yerk tt Phila, Bleck Zichangsi
BROOKE, STOKES & CO.
Investment
Securities
PUIatUalikUa
Washington Baltimore
crtari
,MS,
O0Q;' total sold
holdings,
Capital Wanted
f r, egpenilen porpesss tt going manures.
tuHnt 0.. Ine,, and loeaUcj A Phlladl?
hla. lets f orders en hand, "
0AZ.L 1BEBT0N ITU
Information Furniahed en
FRED P. BELL STORES
CO. 8 CUM. PFD.
STOCK
and
NO PAR COMMON
H.CLAYDJNGEE.Jr.
BIS Otis Bldf.
Spruce 2309 Spruce 2669
OPPORTUNITY FOR BOND
SALESMEN
A large and conservative national
Investment house Is desirous of
employing several bend salesmen.
These who meet our require
ments will be offered an oppor eppor opper
tunltyfor advancement backed
, by our experience and strong-
selling organization.
We desire application from men
with acquaintance In the city of
Philadelphia, or' with experience In
eelllng bends In eastern Penn
sylvania. Address N. C, Bex 64. Trinity
Station, New Yerk.
If Thr b a Mark h !
We Can Find It
We heul sales of stocks
nd bends every Wednes
day, charging $1.50 se
tranc fee for aach item. Out
weekly catalogue and poet
card service reach every ms
ket We take pleaaut
furnishing quotation!.
Barnes & Lefland i
Wrifcsw as4 AeclliaiSN
147 S. tk Hi. i
Victer Talking
Machine Ce.
M0RLEY, WOOD & CO.
333 Chestnut Street
KsmbtTS If. T. rhlU. Iteek ExeVi.
In Continuous Buiincii
'Sfi(9DjLrtmnt
.Bank
WWHA
80 fa
MOYBRGCtfH
MsMsss asiansi dims asspis J "
BAMKEnfl & BWMCRRt"4
S1 rhMfiiflt Wrt
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