vj-. Wt ' v. fc jtP ' :v4"l Me- M flATflwL crry LAMPj CUit of Philadelphia Improvement t"c Hands Due IU3S NON-CALLABLC Tax free in Pennsylvania and cxmpt from all Federal Income Taxes Price JOl's and interest liclding itbeul 3Jf!i')ec ' (' u a i rf--ifif The National City Company Philadelphia 1417 Chestnut St. Atlantic CUy Chalfonte Bleck 1223 BeardwalU mm Price Chart In connection with our offering of the new City of Philadelphia 4 we hae prepared a chart allowing the price? of Philadelphia bends ?ince 1900. cop will be gladl -en' upuii request. .i Harris, Ferbes & Ce Pine St., Cor. William NEW YORK PHILADELPHIA OFFICE Widener Bldg. Telephone Spruce 7040 ir- First Mortgage Bends Te Yield 6.8ecc Secured by a direct first mortgage en all property of the Orange County Hydro - Electric Corpora tion new owned or here after acquired. ' Through a contract with the Orange County Public Service Corporation, net earnings after all operating expenses, maintenance charges, taxes, etc., are guaranteed for 50 years te be at least twice annual bend interest and sinking fund requirements. JT'nVi for Cirr i'ar Hemphill, Noyes 2k Ce. Nmbt '0w Tort Stock Etchtnf Franklin Bk. Bldg., Philadelphia Ntw Yerk P!ttiburh Boiten Srriniea UAipl:i Albany Syrtcuit BiJtlmje Wilmiartea Hrtditpert i t f ! E. H. Rollins & Sens renndrri i;r, Investment Bends 742 Che$tnut St., Philadelphia IMlHll. llf'll-t 1(10 le . 1 ,-. 'I ri.fla r .! t ,l Southern California Edisen Company 5 Bends, due 1944 The . ,u -st" ' f '. . ' Up lr I'" -i " li'"' Necrd f en '! a' anil ; ,tl i "n i"e -i out pel. i lei no tin . lias r . ii.g iai I'd ' ' pr "in.-' t " -i. Ill the r.-- are ,i' ,. ,!, time h- 'Mi i-ttr-s' ,,:b.- Price 95 and Interest Yielding about 5 A(e V ,e iifn - p r"i T17 E want your V business and will appreciate it. Conn and Set l's Tfiit Pi National Bank in the ( enter et Thing Opposite Itread Mrtet .Station Organized 1G3 M. CONSUMERS POWER CO. 1st Lien and Unifying Mortgage 5 Geld Bends Series "C," Due 1952 Price 92 1-2 and Interest YIELDING OVER 5 l-2cc, Edward Lewber Stokes & Ce. 20 Seuth 15th St.. PhiU. Spruce 7753 Ininuiiinnniiirn KALLTirib nfflr.lt WAS FOUND FEEBLE Spurts of Strength in Ralls Fail te Overcome Increasing Selling Pressure New eU, Oit. 2.'.. While tlur-tna-liei.i In t'iiln. a sierk miirket werp li-s li1ent fhnti in -eiiic of the ItiiniPillRte mri'illti'- pseiii reiMilrrnlilt" lrvcc tilurtt.v ('iniltniPil te mark julce mow mew incut. l'lirtliiT H'llhic iirt"urp wit cwimiiti'p il :n ilitTi'rriit quarter" of tin 1M nml il.e rnll.iltic power of the yer. r.il mnrki't was net miIFu'Iciii te over ever i tne t'.i" nieri'ii-.iig i'llit of the sales t (iv both rnveiilit-. i I he BPiierul iirugrnm hevei little . nl'irntlen from the eeiire folleweil je-- teriiuy .itnl Meiuhiv . After n --hurt 1'f rleil of strnicth .it the outlet lirlees lie mii te llile off ngnln all iiIeuk the line. Tli' reaet!er.at nirrents were turned I ter .1 brief time In a frenh nihanee in, the ruN t.inlt'i the lead of Urfiflimj. wliti h ptnlil!htil a new (teak price for tl.i- ve.'ir. The i-i .'everv however, lacked .inliillti n iip.ur from the mvpim eperatliins of tl. herf interevt the de ni.inii eiiee mere unx found te be . tremelj limlte-i. nulliutltiB nn npprir ent e.huu-:ien ..t iuiMi.R power built up tii oenntTtioii ii'i 'he recent forward tiiiiipine'it re-iiilt. is from declaration" e( , -teek dUideinN .iie r mi'T'i of the .ame. In.K'tleti of vine nf the recent pooh mil vppculntlvp ci'ivbiniitienx wa one , of the meie enpte .- .- development i. ,t there ni iitt'.e ptTert npparrntly made en the fir of tin" 'pec'tilnttie ititere't te mih up Ineir taventes. In 'eti-iitttti e the withdrawal of thi or er pmi.ed Mipjiert left a t utiibcr of tin"' ppetit active im-iie- in a vtilnerahli' pmiti.iii. and tie r'-i mi? l'iii.im-- of .iii-n li-iider-. nntiirnlt, of!et the strcHRti ,-i ether part- of the Ut. T'ie i-.'iu'Kint; of tie n. tin Unly e.' Mu. U left little ilmiU' a te the weakci e. lniefil pe-.it Ien nf the m.irllet, whii h n turther evidence ..eiiinned in H m -l-iitneues- (e oilteie i M.Mit. wiiiel. Leretotere were ignore 1. Thin was ktrfMiiy mdiented in the vjmtnithetie .itl leu. e of further we.ikne-. in fore fere e.n ex. hniige nnd bend price. The lea. t'einiry iciditien of the market wa liberalh r'mirjted te tie n. re nu i;r.ivi oper.itienx of tlin rfuc'ieii.iry parti Short helling undeubtedlv win partiy re-spensible, but tlie mariiet a a wl.elec.ititaini.il an eleimint of weukni"" Lint could 'x' inl"-:nken. A in the pr' pr' eedinc M-s.iiiiti'' tlie bear p.irty were -U'Tes.s'ul in uiic"priin; further wim -pet, tli" weak -i-ter of the nioruin nieruin b"ing P.ivl-en t'hemical. whieh -.lumped n.ere than ! jieintM te a new low we we erd. f)nly a few month-4 iire bullish enth'.'ia-t-i wre speaking of the. "tock jS a:. 't.icr ta'ldurll Oil. Commodity Markets GRAIN MARKET ( liic.iKe. '- -.". Whe.i ' ereil n.-nlerati- pair.- m price tni'mv (1 .nnc tl.e ear'v deal 'i;-. in uni'Tppc'.e 1 ad vance at Liverpool tending te revue bu'llsli tJ'n1 tnei, here. N"etie was taken also of rM'ert-. that lm-k of mois ture Weit ..: r ip Ml-iaippi would re- duce. te a i i.iteri:il ettent. the acreaRO of winter wieut and would Inippir tlie1 i fa'l prenth "lditu n. Trad.' w.in of fairly geyd volume. The eiieninc whi'l. rnnge'l frmn 'e re !c higher, with l'e- I'-emlHr Sl.ln's te '-I 1ir"-. and Mnv, . 1 . 1 1 te SI. II -4. wa. followed by '-etnethins f u setback and tl-.en l a , rise te slislitl above tin initial raise. r'em nnd i at vr snirncil bj the aetien of whent. After epeninK tin chansed te c hisher. Deeembei CTi:,,e 'e tl."1.. . the tern market --iipged a lit- i tie. imt Mien rallied again. Oaf- 'tart.-.i ',. nit te ' ,e i.. Ie- emlje- Pi1, underivert a -lish: Ren ral --.'thhi '. and Liter -heupii a new upturn l'n. y'u. lacked support. -' i v Ojk"i ' !! tl ifsa .c.i-4 ;- r,., .'! 1 'OK l.tl 1 i i.l v j il5 !, . I1, l.lli. 1 i'3'i .40.J l . '. -.ffl tOf, i:t )i ip; V t i se n.tt' 1? M COTTON MARKET New erh. Oi'l 'Si The enltOll :, .1-. 'r . n '.I'd .: .d ,i" i 'his un rnu.j ' e '. n r ' i ";.'in' :i .uerioel .T'.'-i a"'! lea-y profit -inklns I" m.itu 0 -he . ' ' r ! ng .tlie en.eil d 1 '1 e ' .idti" i r ic.'eunls ur1 M'd ' ,e -Jl-eeu lev.'1 ( i I'liltlS prlCCP i-hev eil JUlrs ef ,1 ' 1" peitlls, unij the JitT m.irket lirin'd up furtliT. u.'. I-enths S' or l g r v llljll levels; f. r tile ;enr. I r-n hliiK -1.17 tiinnlns e'" '''''.',().' bales e (i. -e. e enstifify a . iV.-ci-f.--; li s w-.t'-- nr fn i . r. e 1 i 'i ', i n"1 With pre. Klieri.e, r. ss .11 0 nef trn- ir.arKl ' -ar, ' .in. '..le.'i- ni I v 1 1 1; r u i prei.- , :i li i - tr. '1 ' . .! N. w- i ir'- r- " r tnia rep rl no- r. 'hi statement made r : .. s.. ii' hern Miot ad". ' - in - 'i-Mile maik' ti i-ii t i.riiHstun-liu :- b . . ,c HI. 1 Iverpoel I 'e.i 1,1.1.." ri - ire houses n. d .' I . , - 1 TO NEW YORK COFFEE MARKET Sew nrli. et. Je '1 'l! ''ITee I-t-s nin rl t rpened . -'.ungni 1 .m er this f n ' 5 tne i.ur beliiniK f-tendj eti. und'r I''. pping H P'j. .I' ll li S'i .re tn. fin .slrpfein- i oil H V2fflt ' -a a i'i t vi f, : DIVIDENDS DECLARED I . . hi if. lJv I" M r m . i i .- tibi s. a - ' .'T 3 r.o'e I''." r ( J r:i f- '.' r I .tf. n! l.'irl ' ' i , i.r'f ' ' "'lil t . u-r in' r t.a a . i .. ,rd ( 'ter '.''1 rr, rlrfcn Hal tt N'ft' .1 N , .. 10 l-'T ) 1 ii - r l TL i'i St c mij iuart' fl i.r rr.mni t piub N ftiubT IS tj ipe.-k C io.erl N iernl"r 1 n-anwi h Ji.i it t ' . -ni; ''Tnr.nry, tiur '.-'v l rT '''n 'fi e. n men payabl S' .. Mrr.hei 1" ' i' ni "' " "' I '.'imtr " i,.i-tri. htl'.rH n. . 1 !- u 1- I'eini i .i.ul'-i - rT el '. '.i I.l'fPT.'ii, t'.-i) il, J .'"IiiIit 1 i" i'i" '. tf ' ' rl eni'.i 1 ', h -l Itail'H i rniiir li .jjari.!! 1 14 I ,t "ni un Mr hi i i '' r . I i i, 1 1, i) i. niii 1 i,m.i.. il 'I v "i i-ni' ' r 17 Curb Membership Sells at Recerd ei erk, - i ' ! V - ,i) mar " m 'i i- -' - - l ' ' a i ' ',;i ,, i . ' . 'i 1 1 1 . . i . ' I . , K . - .; , li ' hi l - li l ililfinU Mil, MMII N VTION l. IIXMv I'tlilUtll-lllllIlt . ) ehr 2. "ill.1 1 , iiimri ' lire, tnr-i bi h't itaj 1. 1 nrfl a fwinl-iinnniil illvldrrul uf ten 1IO1 per tent. irtVi.ii Vevrmlwr I, litis. . h' . I, I rr ' r- t .1 al II 1' t (1,1 bar S'J 10. J h" K" tnll'l 3.i0,l)00 00 tn. hi-fi aiM.sl te aurplue, tnaklnc thJt fur.J 1.230.000jOO.rN, a eemTKVOKN CaAlatv ' e EVENING PUBLIC LEDaER NEW YORK STOCK EXCHANGE TRANSACTIONS Onty Afttrnoen Repert in Philadelphia Quoting Full Lltt Viv. lidO Net P. M. Ch. neH f- a 17 - .. 02 Si - U 8Ml Id STOCK ll!h Lew 80 H 17 62J. 14 IK 83 f4 47 9G 34 42 39 77 94 71 K 1 1 US 185 G 26 H 110 90 33 9i 121. 37 U 127Ji 121 48!, 8i 21 H GO!, 103 98 S 43 77?; 35 54 60 H 122?i 3'i 1601, 157'i 50 9B-i 51 ' 1 59 H 118 103 93'4 2'i 119'i 27', 154 34 'A 'a 14, 135 5.4 S 3( 41 73', 101 112 9B3; 119 17'n 1J - 121 '4 GO 102 49 7', 32; 9. 84 59 8', 57 145 39 ' 78 238 39 1 4 60 la 75', 104 2H 6i 31 'j 48', 91 84 44:, 01 'j 20 2--"a 65 2 7934 .10", 48'j 62", 110 2'4 484 44 69", 381 824 141 103, 97', 127 48", e2; 22'a 13 37 29' ?2?4 13G 1384 112 33 V 1554 86 56", 86'4 116 tD'i 24 )4', '00 1 1! Ol "'S 21'j 74' j "8, 91 103 tee . . Adams express.... my .. Advance ltutncl' . '7 4 Air Reduction 02 U . . AJex Uubber 14 . Alaska Juneau O M t 4 Allied Cliem & Dytj. 83 4, AlllB-Chnlmers .... 47 7 Allls-Chalmers pf.. 93 4 Am Agrle Cheni.... 34 U .. Am Heet Pufar... 4?4 . . Am llesch Magneto. 39 H 4 Am U Sh Fdy new . . 77 ? Am Can 74 ' Am Can pf 11154 12 Am Car .t Fd 185 .. Am Chlclp 7'. . Am Cotten OH 26 7 Am Ice 1103; 1 Am Ice pf 90 .. Am Intemat Cerp 33 1 1 Am l.a France l'ni; 12' .. Am I. Indeed 37 U 0 Am Locomotive.., 128'j ' Am loco pf 121 3 Am .Metals 48', ' Am Safety U.izer.. BJJ .. Am Shle & Cem 22 K . . Am Kme't G0J.i T Am Smelt pf 103 '5 m Smelt See V .. 99 200 930 100 100 101 zee 700 100 100 100 7300 100 200 GOO 100 100 100 300 300 300 300 300 100 1400 .203 203 100 GOO 300 800 1100 100 100 :oe tee ICO 100 tee 400 .no 200 1103 00 10) no JOJ 200 .100 100 JXO 100 100 -ItOD 2?00 800 100 000 14 1 U3?i 47 -90 34 .. 424 -5 394- 77-14- 71 'i - 1 1 Ha 185 - CH- 264 110 1- 90 - 33 ?4 124 ;- J37V, -127JJ-121 48 J'. OH-!- 22K 00 V, - 103 -99 -43 774 36 -6014 -i- 12294 31. 1601, 157 94 50 9834- Sl'i- 1- 59 - 118', 105 9i- Am Steel Foundries 43 . Am .Suuar Itef 78 . Am Sumatra 37 li r. Am Tel & Cable GO'i Am Tel & Tel.. ..122fi . Am Tel & Tel its . . 3 '4 1-' Am Tobacco . . 161 ! 1- Am Tobacco n . 1 37 . m WatnsUs 1,'c it 50 7 Am Woolen. . .98 . Anaconda Copper.. 51 '4 . Assets llea'lzallPn.. 1r 4 Ame Dry Uoeds ... 59 ' C Asse Oil 121 H 15 A teh Tep & San Fe105Vi 5 Atch Tep & b' V pf 93 1 4 . Atlan Ulr & Atlantic 21i T Atlantic Cudst l.lnaUO . . Atlantic Fruit .... 2 Atl Gulf & V 1 S S 27 '.4 .. Atlas Fewile- . 154 .. Austin Ntcheli .. . 34 1 i Vute Sales :en . 4Vj . Aute Sales Cerp pf I4S 7 IUIdwIn I.ocumetI'j1373j Ualte & Ohie .. 54 ai .. Hani.dall C!a5 A . it3"j 4ic lleechnut IMc. .In? 41 . r. Ueth Steel H . . .. 73 i 7 Bth Steel 7C, r' 101 4 Heth Steel '. pf . 1 1 2 7 Beth StUif new S 10 98 '4 ii Brooklyn Kdlsen .110 Hklyn ItapUl Iransit 17 '3 liklyn II T ctf 1r'j S Blt'.yn Union Ga ..121 '4 . 11-own Shoe 61 . Hums Bres pf 102 - Burns Bres B 50 .. Butte Cep & Y.'.r.c. . . 7' . Butte & Sup Cep. . -2 Cadde Cell O .t r... 'j California. J'acl.'.ns F4 . California Tetre'i .. C . Cal Zinc and Lr.nl. fi " . Calumet & Arle-.a '-7 13 Canadian Pacific . 146 . . Central Leathur . . 39', . . Cen leather pf 78 S Central of N J 29 . Cerro-ile-Pasce 39 t C Chandler Mote- G1 '2 A Chesapeake & Oh e. 76 6', Chcvapeake & I'I; nfl04'j Ch'. ae .t Alten . . sn CMcace : Gr HVj' i '1 i Mil iSt P . -1 '2 . Cl-I M & St P r.' B'j 5 Chi & Nerthweht-n. 91 A ci-U2e Pneu Teet 84 .. t.lu It I & Pac . "4 '8 U Chi n I 4 Pe 61 1! 91' j . ""!i' Copper. .. . ?" .. CNr.i Copper .. -7fs . " u tt-l'eabedy . . li) ; t 1 'oat-ceiu . . rc'j . ' el Fuel & I'ei .. 30 ." Cel & Southern.. .. 48 ' 4 Ce era.la & Se lit p" 62 ' 6 Ce -m Gas f- I'lee 1 1 3 4 f'elum (Jraphiitihene 4 93 U 21 i-t- 119'S 2 27 i 154 - 34 'J 41& 14 SJ i 15 - 54-i - 3G 11 73'; i- 100 100 100 100 100 '00 200 soe 200 900 700 00 00 100 :oe 1000 100 cce 100 400 300 200 1000 1000 1600 ( 10) 100 0? 1100 tee 100 d00 100 tee tee 100 3000 103 100 100 400 100 100 100 100 100 100 1 '!.')J 7 '00 lr,00 000 3J0O 500 00 60j 100 10300 200 300 200 200 .1200 300 100 J200 30J 200 W0 10U 03 00 '00 -00 100 0D '.JO 'O'J '03 290 '00 200 .600 :oe 400 tee 00 zee m:e 200 2 100 103 '00 tee no 1300 'J 100 '00 400 00 i00 tee 400 100 -.-50 87.0 200 100 7..JU '00 00 QO 0 3 101 : 112 08 ?4 119 -- 17', -'r 15'i -121 '4 t- bl !- 102 -t-49 7.'i: 32 !i - 9?a-t- 84 - 59 - ai, -57 - 1454 39J. 78 239 J9'i . - 104 -2 31 ' j i' 48'a - 91 : 84 -44 7, - 91 !i 25 -27 S -65 '5 80 - 30 a, -. 48'i-r 62?. -f 10'i J ?'i - 48 H -;- 14 -69',-J8'j - 62 '4 -;- I43'4 r' 1 1 4 57 1, - 127'J - 49 -82i : '2!, - 31 SJ - ( e". .solvent .. .. c-j Cem :Mvent B 44 r 1 emput Tab Il?c 70 Coi.eI Clear. . 28 '3 Cen Clear pf. . . . D2'4 S Consolidated (,ns . 144 . Cor.sel TcxtU"! . . Ill, Centnental Can. . 98 4 Cerr Pred'i."- R.-f 127'2 Coden & ' e . .49, . . Chic. bio S'erl. 82 "J . C it .in Am S ipa- . 22'-!, r t.t. 1 Cane Sucar . 13 1, . . f " ib Cane .'jpar pf 17 Pa len Clie-j.iea! 35 H I- h"crH C Mln I.t'l 22? 3 D- v.-ari & Huilenl33'j .5 I'e l,aclt & West 109 5 I3e'-elt ndlsen 112 ; I- tr- Mln"e 30 ;; S I' j Pent iK I ) Ce ISA 5 i:a"nAn Kedal ... 06 3 nc Storage Bat... 57", 5 I5ri'li'.ott-Jehnson . 87 7 Ki ill.jti-Johnsen pf!16 . K- p 1 5 , . Kid! 1st p.' 24 S I'aT.eus P ayers I. - "-5 S Far "'is Players jf 100 10 FlBhfr Bedy M' S Fif'-er Bedy of O pf 9Z 22 5 -- 1 16 i -:- 1385 . 11? - 3 -I'i 6 - 57 1, -;. RG ' 1 110 13'i . 24 -94 y - 100 41 - 93 -:- 12-1 . 24'J 1 74 -s -791,-91 4 J. 79 -1 80 4 - 10 '4 -141, . 7', -03 i -84 , 9 93 'j 35 i 15 - 8i 34 - 2? -: 81 '4 '- 20 S 5!i ! 1 1 3 ,2 4i , 30 ', !4- I 33 - 12 - i5 1071- 1 3 ' ,-r E5 - I5S -TO'i -07 ;. "!. f 49 21 52", 4. H ?2'i 57 4 103 43 : , . F''rf I'.'ibber Freepcrt Texas. . . . 3 G'en Api Tank. . . . . General Asphalt.. . fi Gene-al Asphalt p. 6 G'ne.-al flftar. . . . 8 Gen n'."Ctrlc. . . . . Gen r.k-c WI pf .. . . fVenral Meters. .. Geld'vyn Pictures, i.oedrlcn B F. - Goedrich B F pf . Granby Mlnlng 7 Great .Verthern P' 4 i.rt North Ore ctf-i .. Gulf Mobile & Nfttt . Gulf States Steel . . Hiblrshaw Elctr!e 7 Hartman Cerp Hendee Mfg.. Housten Oil . j lludscn Moter Car Hjdraulie S'.ee. 7 Illinois Centra: Indtahema Itef 2 4", 92 79 . 90'.. 0: '4-, n 130',, iej; 14', 7'. 33 j 84 , ' ' ' .' .14 "9 85.. 84 79 ; 20 13', 4., 36', ; j 84 22 24 2'J'i . Inspiration Cen Inter Cen Cerp op -., ', . Inter Cen Cerp pf Inter Arlc pf . j Intemat Cement 2 Inter Cem Eng . j Int Harvester r.en- Int Mr Marine 6 Int Mer Marlni r Inter Nickel. International P 1. Internat Paper p' Invlnclb Oil Cerj Iren Products .. Island Oil Je-rcl Tea 4 Imes Brew T' KaiKas & Gulf 02 25 94 '071, '3i, r4x .4 07 25 i ? 57 '7 49 j-, Kan citv Se.U - 1 Kkh Cl'y Se r ' . j Kayser .t ' ' in 1 j0 i Ivaysir & Ce r.--r p.' '00 . Kelly-SprlnBtleii 22i; VI 47 103 13 4, 101 1 LIVESTOCK QUOTATIONS fhliaae, 'k-t. 113. HmOS- r-.'P.P 17. O'e 1 a.J Market ver ii,e-r- .-Pel unl u, ..,-er thi Tuei4' ." fiw 170 te Jg p.jnl Kveref. lOlOli&l- rM t'ltrh h'h y vilenilly. 0 30iI', SI p !6 40 around S" peur.Js fen.l.f trade alew, no ear i a.. ah.fp aruiind '..a1i. ritt.biirxh. I'ii,, ! ;; HOOSJU r'l)!., 1000 head 3'iMd- Haaviee nea I'nir- Ufh- ji-irkem and pica, 110. Mil'El- A.SD I.A1I1H Itereleta. lOtyj had, Hlirep. j-,, ate-tdy, lamb. 114 re .en fr fALVHH -IlM.ipt., 210 head. HfaiU Tep 114 Knit lliirTftle. X, ., Oct. 20 C.VTTI.f. H"'et-' 42", r..l Slew, loner, filv. r -1pt. Sen lien 1 t-teady. JBTi.il llfBju -Kc,pi. H.'fiO tiead, Mi.' 1 0 f; 1" ,r.r- iv (II Vl?! 0 70; Illl'l 5''"' tf f fcr. '(. S'J 7,., Ilellt vnikri 11 , I ft n -i.iililiCi 1 nine. 7.7J1;m, .. J ', 't ! " , . If I I' ".Mi I AMU-. lerelpm, eon he . 1 I nn t,s . I- si -r f) I A US ' v r ii-u.riir bwi uh'.i .. e rj -i iii- r. hk iii'rru.. 0 n.iiy nf js nr. ff 1. 'i i,...l urn P . X n It f 3 ' a Ji.fi" '.ft' .ijfhtf . Jinafi lr., pac t h rr n-n IT ( ti k il'i packliiit e r i- JTfOtf je 1 it. tUfflfi -! . V T I. H'CKlptii 1 1 ''" r at .. (..- iti-PTH W'i'i'iin. 'ft. . ii (ttieiy 1 " 'n .fc . I I M'llV Pi 1111 I I 1 ! ,, -', nl.t.it f-" "I ' 1 ., ' , V'i'lt'.rri KI-H1 -.en , 1 nh h . I .. !, 113 5. "- 1 n r .. l,.f Ht-ra ' , . 1 urifily ai Ji' tf ' . 7 ' I . din unnv 'J' 1 J ' luiirtti be'ign I 1 .. ,.i bldrtlnc 511 I - r in., i-i talt.tiir f 1 1 1S r 11 if Mi ib t.i 1 W1 Ht Monday Ceal "1(1 Minelitnctnn. ui.r.r nre pta lenen 1. ii '''entrj kad nae en Mnn ey na ropertad I , , ' . 1 ' ii'ly, 1 ' tr air '-- diiinrr. r.f the American '.a butehura, ' way Ai. ai ' n ivtr., irreater than f'.r a. -,tara laniba ener da . arverai ieare. The output uu V -e deublee 43.243 ari. Anthracite leadod am6U''-il , r ir', ealea fa' la ea y ,0 nattvaa, til til !4 4r. te packer. H eara M til 30 with threa deublei cut ii. ., . U'..l.rn 1mh. ey PUUHU !-' ., v-.j-... -?, letde llriM lamba 118 fid ii.eui titeii'i t-Bva car, an avaratlat mum eutnil fir PHIJDADELiHIV. WEDNESDAY. 0CT0B$3k 25, 1922 Dlv. Bt in HTOCK Itl1i 1200 .. Kcnnecett Copper.. 34 94 100 .. Keyatone T & R.... 094 200 7 Kresge S 9 171 1700 .. Lacltnwanna Hteel.. 82 100 7 Laclede Gas of St ti 88 100 2 i,co Rubber (2594 6G00 sy, lhlB!i Valley 71 lj 200 8 U Lima ijcometive... D7Ji 7500 ,. Ix)cw8 Inc 20 400 1 jft Candy 12", 100 7 Loulsvl.le &. Nfl8li..l41Jj 7700 . Mack Truck 5D 100 1 Mack Truck 1st pf. 9Hi 200 7 Mack Truck 2d pf. 81J4 300 , . MaRina Copper 31 (6 300 .. Mnlllnsen Ce 34 200 7 Manhat Ulev Guar. 55 150 . . de Odd Letn 54 , 100 . , Manhat Kiev ctfs. . . SI !. 1703 2 Manhat Shirt 5894 200 e Mar St Rwy pr pf.. GBJfc 300 4 Marland Oil 37!', 200 .. Mnrlln Rockwell... 15U 200 2 Martin Parry Cerp. 29 100 .. Mas Meters Claw A 5294 400 .. Max Meters Class B 13ft 100 s May Pept .Stores... 136 200 1 Mclntyre Mtnln. . . 1794 14500 12 Mexican Petroleum. 231 la 1 00 stcx Seaboard 16' 200 fl Mex Seaboard Oil et 1514 Lew 34 J4 094 171 8194 88 25 94 70 Ji 57 Ji 1994 129s 141 Ji 52 91 Ji 81 Ji 31 li 34 55 54 S 51 Ji 50 68Ji 37 15Ji 29 5294 13"i 136 1794 227 IG'S 15tt 28'i 129, 33 94 240 17Ji 43 Ji 21 57 21 "4 15!a 10 U 67 94 108 94 3S 15'. 81 37 48'i 904 90! 4 28 20 25!i , 16 1?1 U 6', 4e'4 Ce", 11'2 59 1, 2'i P3'i 38"', 1"i 60 494 90"i 90 'i 100(i 48 j 4J 354 404 47 '4 28'i 6 431 ; 59 38 11 19";. 80 88', 47 a 95 'i 105!3 130 45 30'i 117 14 84'i 54Ji 54ti 31 52 a; 85 58 !i 56' 1794 27 Ji 34 9t 5G& 2Ji 22 3S 6!i 85 !J 10 37J-i 33!4 97s 46 94 77 14 941', 25 i 69ti I9'i 92 Ka 128,i 120 J, 212 94 I17H 81 6 94 5 3 53 "j 12i 115', 3a S ' 4 9 'a 48 H 62 28 234 ;2H 08 3Ji 60 Ji 13a 14QU 77 J, 36 ''4 151 " ', 1234 85 64 !i 88 !, 53 Ji 1061, 12? 65U 41 Vt 27 67 59 33 12 ', 1094 10 y, sJ7 ItOJi 15 25 51)?, 112 62 94 12 Hi 23 31 Ji 48Jj 5', 10; 19 1 j 43 36 10 ti li 2394 14 70J4 D7J4- 20 -1?9I- 141 Ji f 53 9114 81 J4 -31 Ji 34 -55 54 94 51 Ji 58 -60 Vt-V 37 -15Ji , 29 , 5294 -j- 136 -1794- 228J'.-!-16J5 1594- 28J,i-V 1294 3394 240 17 ii J4 -f 21 57 - 21 94 r 15!"; 10JJ 68 108 94 3Ji , 10 -81 -- 37 -48!-99 Ji - -30 -25 Ji -J-1G 121 Ji -96J-i-46 94 -86 94- 1 1 "$ 09!i-i- 2!i 232 : 38 94-194- 80 -- 50 91 5a- ?4 1.4 1 1 H i, 'i "a 'a ', 4 Ji '. 100, 1! Miami Cenner 2flti 1 i5 1 200 1.20 Mlddle States Cerp. 1294 200 .. MIdvale Steel 33 18 4 Michigan Central. . .240 CO) .. Me Kan & Tex (wl) 17'i 301 .. Me K & T (wl) pf. 43(4 500 . Missouri Pacific... 21 U 100 . Me Pac pf 57 500 . Montgomery Watd. 2" 94 100 1 Mepn Moter Car... 15Ji 100 ;- Mether Lode Mining 10t4 1400 . Nat L'n & Stamp... G8J4 700 National Lead 109 300 . Nat It U of M I'd pf 3J 5C0 Nev Cen Copper.... 1'j 100 6 V O Tex & Mex... 81 100 . N Y Air Brake 37 1200 .. V Y Air Brake A.. 50 !i 010 I", N y Central 100 100 r, v y c & st l, ca pf 90'i 1400 . j Vew Yerk Deck.... 31 Ji 3400 . New Yerk N 11 & H 31 Ji 100 : Vcw Yerk Ont ,t W 25 Ji 100 Norfolk & Southern. 10 5800 7 Norfolk .; Western. 1 22 T, 1000 r. North American 97 H 200 i North Anier pf 46 2000 e North Pacinc. . . H7'i 200 Nunnallv Ce 1 1 Ji 100 j Ohie Fuel Supply.. 59tB 600 . Ohla Pred & Itef... 2 100 Orpheum Circuit... 2.3'i 600 Owens Het Mach.. 29 3700 . Pacific Dvel Cerp. 1 14 1900 r, Pac Gas ,t Klec 81 U 5100 3 Pacific Oil 50 1 G ' s pan Amer Petrel 93 !', 146 0 s pan Amcr 11 93 le 200 7 3'enney .1 c pf 100'i t.100 " Pennsylvania P. It . 49 700 . Penn Seaboard Stcl 4'j 1100 Pcre Marquette ... 36, 100 Philadelphia. Ce . . . 40'J 2300 .' PhllllpM Pet 433, 800 . . Pierct-Arrew Met pf 2- 2100 Plerce Oil 6'i 10i3 4 PlBsly Wlesly Store 43 2 200 Pitts Ceal bd 1400 Pitts & W V.i.... 39' i 100 . t Pend Creek Ceal... 19'i 100 Perte Illco Tobacco 80 400 . Pressed Steel Car. . 89 7100 Producers & Hcf .. 48 'i 400 ; Pub Ser Cor of N J 95 'i 100 s Pub Ser of N J pf.105'i 2500 9 Pullman Ce 131 ' 4 300 . 1'unta A'ccre Sucar 45 U 1930 . Pure Oil 30?, 200 Ttv Stud S'PS pf ...117 600 .. Uv Cen Copper... I4'i 45300 4 Reading 034 100 2 Reading 1st pf 54', 300 l- Ileadlnfr -d pf IU 100 . Ttepleplc Steel .... 31 2503 . Hepub Iren A Steel. 53 'j 100 ttcp Iren A Steel pf 85 4100 : Reynolds Teb B.... 59 1!i ' jri K !a 1 'i 4 I i. 2i? Ti 1 '.; 4 1 91 1, 100Jj" 48 J."? 12 4',i 35 94-4094-47H-28Ji- fi Ji -r-43Ji-59 38J4-19J4-I- ee 88!4-i 47?, 95 Ji - 105J-Z . 130 -45U-r 30J4- 117 r f 31 53 -85 -59Ji 56!i -18 27 94 35 'r SGJ-i - 2J4 . 22 -:- 3"4- r.'i . 85Ji-10Ji-f 37 Ji -33 J4 OTu -'-4694 i 77 44 94 14 -J-25"4-'- 19J4 - 92 'i- 128J4-i- 120H - 21294- 117'i J 81 14-!- r64- 53 - E3!4 1 28 Ji - 115Ji- tr 2?4 li 9Ji 48 94 6214 4- 28 94 -f 23 94-32H-581i-83S f 60 J4 13 Ji 16 9, - 148J4 -7714-36'4 15114-1294-85 Ji -64 14 -89 i 53 - 106H - 122 65 'i -- 42 27 -67 - 59 -83 1294 1094 30 Ji 97 110J4 15',4 " 26 94 -r SBJi- 112 i 62 H 121;, 23 '4 t 31 !, 48 Jj - 5'i 104 39 !, -!- 43 ' 36 lOJi j. 1 j 4 "a ' 'i 1; . 3 'i .ill 1 t si y , 900 4. n Rejnl Dutch N T. 57 18 27 94 35 57 '5 2Ji 22 3fi 0!i 8G'j 10'a 37 'i j4 9?i 46 4 77 400 1 ,f Jeseph Lead.... 300 . P Leuis San Fran. 1200 t Ixuis Southwest, 1700 i-t L Southwest pf., 100 San Cec Sugar 600 .Saage Arms 100 Saxen Moter 100 Seaboard Air Line. . 1000 . '-'1,118.' Roebuck .... 500 . fceneca Copper m 3: 100 135'; Shell Transport . 68)0 Sinclair Censul. 1700 100 100 100 1800 120U 1500 200 100 100 3500 400 300 200 100 300 100 31400 100 100 10'J 430 00 00 400 5200 300 1200 2100 700 1000 100 45)0 3100 400 200 ?00 500 100 390.1 1710 2 30') ;400 17400 400 0 30 2'0J 2)0 .'.00 200 2C0 200 403 100 500 r.00 7500 10500 200 100 300 20U -0O 100 800 200 100 000 300 200 tee SKelly Ol! . . s'lfiss-siieflle'd Sles-Sliellle d pf Se Perte Rice Sugar 44 6 "southern Pacific 94 94 4'4 1 S '4 . . Southern Rail. . . . . . Southern Rail pV . Splcer Mfg 8 Splc.jr Mlg pf-... 3 Standard Mill.... . 25'-, . 70 3, . 92 "1 .120tj l Standard Oil of Call 21 i 0 Standard Oil of N J215 7 Stand Oil of N J pfII7i 7 Steel Tube pf 81 'i 3 Sterling Products... 5el4 4 Htewart War Speed . 53 U 1 Stromberg Carb. . . . 1') Studcbaker 7 Studcbaker pf . Sub Beat Cerp . . . Superior OH Sweets Ce of Amer. Ternt Cem A F "A" Tenn Cep A Chem.. 3 Texas Ce 1 TetasGulf SulphJr Texas & Parltte .. 1 Tex ft I'ae r A O . 3 Tlmken Rell Br . . Tobacco Products . 7 Tobacco Pred A i'a 130)5 1 15 'i 6S bl, 2 9'4 49", 63 1, 23i 244 '-3 59 83 7, ?i IS !i 1 Ji Tel S & L A W p fcOJA 11 Transcontinental O'l 14 '4 Union Oil. 17 J-, 10 Union Pacific 4 Union Pacific pf 2 United Al ey Stesl 5 United Fruit 1 nlted Rwy In-ei 140 9' 77 Ji lb' 4 ' ""2 ' 1 ' 1 Ji United Retail Meri- QG I.' S Itltl Alcot-n' r,1 U S Rualty A Ir r '10 i S Rubber .... ,; . r S Steel . '07S ' 1" S' Steel j.f Ml ' 1 tali Ceppi r b5 "ii Vanadium Cerp . 43 Jj , . VaCar "' eini- ' ?J , . Va-Car Chern rf 67 Va Iren C 01. Ce.cn 11 1'4 Ji , 1'. ' '4 ' 'j '4 , "j 2', I 'i 'i ' 2'i 6 Vftlrenf 4 r ;r . . . Vlvadeu Ire . . Wabash . . . Wabash pf A . . Z AVe'.ls Fare l -p 7 Western II . ; . . Western Mar ur 83 '2f 10?4 V1Y2 97 110', I5; i7', '19 112 62 H 1 1 Ji 3!j II '4 A') 5'i 10 1 40 43 36 101', . W Murjlaj .1 6 Western pi..- 7 Western 1 41 Westlrg I f. Wheelinv A I , . Will"-.' k A ' 2 White 1...R . 4 White .'fi ' . . White 1 . . Wlcklre -; . Willy " . , . Wllset. a: , . Werth I . . 1 Wrlb'tit ..!-, .1 I r.f A JI MONEY-LENDING RATE8 M.1V YOKK Meney en call, both clum.j ' i-i .literal, opened today nt pv.r lent - "r.dlnr and renenln. I'IIIIIIKM'IIIA Call 0 Mr gent, 1 11 i ter iMiti commercial paper ail. .nttia, 4'4 te 4tt per cent BAR SILVER i,,ver iTAa Hd hlcher Iti 34 .-ld BANK CLEARINCS I r.s 1 Irarlr.kH tndn. rtitiipnreil hiu ISO, 000, tlOO il!),U0'l 000 T Loadings Near Recerd Ninth National Increases ' J. 10 Hltlimlr.eui The Ninth riaiienai iu enu nil annual ei " '" '. "i .." . nn a 'ii uer Leni nnnua.1 a -- - ilia . ..!;.. ""-,- rat. of 1(1 it ,iu-i.i-.nil in pavanie HafiiinaSL i vi""""',' i...- i.a. ' sepinrjr erT.VK?lj6?S Thn beard rr rnrrirti . -- -- - -.. .. . amount aqut 10 int i-,ki any day thla rtar fcrre'il 2S0.0OU t'.'" wa eurplUi. l-iaivlnt: th latter fund (.REGULARITY THE LOCALMARKET Interest Centered In the Penna. R. R. Dividend Meeting This Afternoon 1:00 Nat P. M. Che. 34941- 94 G94- V 171 v 1 82 08 - 1 li U4 !4 Ji 1. 194 1 494 Possibly the mero lntcrc-tinij story nf today's local mnrket and tlie Imp penincs in tlie local financial world will be told nfter this edition rocs te press. That is cencernliiR the notion of tlie IVnnsylvnnln directors en the rpmrtcrly dividend te be declared this afternoon. The declaration of the extra 1 per cent by the Norfolk nnd Western yester dny buoyed up tlie hope of theso who linvc been bnnklng en tlin directors te restore the long-established 0 per cent rate. The cempnny undoubtedly Is sufficiently rich lu cash 'te de It, but It Is n question for the beard te decide. The stock opened Btrelig tit 40, or with in H of the yenr'ti top prlcp. Later the (liiotntlen fell back te 48, but that In n large tnensure was due te the re re iictieiinry condition of prartlcnlly nil the M'eiirity iniirkcts ns n result of the unmistaenbly ever-extent long ncceunt. Trading In the general list durlilg (he tnnrnliig did net rtnieunt te much. Prices .were Irregular, hut altogether the mar ket showed 11 senipwhnt ktcndler tone I linn it did .yesterday. Dealing: wi're of 11 small caliber, nnd In virtually nny of the local stocks did the total for the forenoon reach material proportions. American Stores held ground better in fact, nintlc n point gain en light Miles. In some of the recent (ictlve fnrerltes I'isenlehi Issues, for Instance, the de mand v.as found limited. Thera wns, in censcritiencc, a further decline of n point in the common te 70, or .lust 10 Ui Ji 1 Ji 2 s 294 2Ji 54 'points under tlie' top prices made last jwccl;, The preferred nlse lest 'i nt Oi). 1 I The utility groiitiiHegi'riicr wiiMflnn ' ' ly sustained, with little or no nlterntien 'a I In prices. Yerk Hallways dipped le 1 J 'JP'e. Wi"t Jersey and Heosbere shaded 1 te ',". !l . I. Philadelphia Stocks' Net Iiv 1 P. SI. chita. 7 7 "i IlWb ion Am Mill'g 7 10 Am Str.s..l."t! le4 154 1140 niee Sfnr. .ri7"-i r.7-j Ye - t. !i t Ta 1 1; Ifift "m,ien Mtrs 14-8 14i 14'&.. e0 Hunt .V 15 Tep 1 0 0 ..s l.-id In Ce X A 41! 4P3 411,'. 10 I.eh Xav.. 7."i:;i 7.r'74 7"i:,'i-f- Va (HI O Kiscnl'r 7(i 70 70 1 1KJ de prcf.. 01) I'D li i 100 Tenn Cent Light Pf ."7 .17 fi" . . i-'OiaVennuRll 4!) 4S;s 48vJ-i- Ji i",i IVnna Suit S S'-' S2 . . 10 I'liiln Insut Wire.... 40--J, 409s 40!i-'- ) 10 Phllu Ce pref.... .".,J-i .TJ-'ii f!2vi U SO de cum pf 41! YJL 41! "; 2II.1 l'lillu Klcc V.Vi 'H-Ji .!l-i 117 de pn'f . . ;51'h .".l-'s .'iK's.. 110 Phiia it t a:; :ii!. :vs .j . . r-OtKav Cens Mi 14' I4"s.. 100 Redding.. Se M S"i -4- Vj .'1041 Tone IJelm 1 1 13.. . If..-, Tone Mln. 2A 2,"b 2A A 14.-. I (iI....r.2U .")2 ea-f- Va -i: W Mnry'ld l."ia 3"i 15--l 101 v .rerits. ::e n,-:', :tsi ',; lL'e Verk Rwy HO 21) a ,'J0 i r ; W "! 'I 1 ' 1? ' U !4 1'4 Ji Y2 i'4 'i 'i 'Net chnnj-e made by cmnpnrlaen with last ,&le en New Teri: feleulc xclianve. rilllADlllJ'HIA 1MJMIS 1-1O5O Liberty 4fh 49 '.'18 4000 Klcctrlc & Pee 4s.... lets 1IMK) l'lectric ."c I'ee 4s 2000 l'lilia Llectrii: Os 08. SI 00". 09 101 1 ; I FOREIGN EXCHANGE New Yerk, Oct. 2i. At the opening of the foreign exchange inaikct sterling was steady and unchanged and fluctua tions In the ether leaders were much narrower than yesterday. The market nppcarcd te be In the hands of profes sional speculators. Francs showed a less of n point; Belgians were un changed; lire were down 2Vi ; Swiss down 0; pesetas and Danish down 1. and Swedish unchanged. Xerwaj showed n gain of 2 pelutsnnd guilders were up 0. Marks were unchanged. Sterling cables wcre 4.44i.j, demand 4.441,.) ; franc cables 7.00 -s, cheeks 7.0S;U ; Belgian cables 11.31, rlici Ks G..10U ; llre cables -1 .01 " i , ehei ks 4.0.!; Swiss cables 1S.2S. checks 18.2'1; peseta c.ihles 15.23. checks 13.211 : Danish cables 20.11, checks 20.00; N'firmiT Vnbles 17 i)7. checks 17.112! 'i 194 U Ji 7i 1J4 2!i 2 94 i '4 ti 21 ,f Swedish r.iblr 20.72. eheels "CUT! 1 J I guilder cjjbles HU.07. checks '10.02 ; marks .,Jf,l. ReiKirts were current of transaetlem iu marks ycstenlej ut .O'Ji-B, but, as 11 matter of record, the larger International bankers did net quote under .02 H-IO. New Verk exchange tabs unchanged in Montreal today at n discount of " te ri-;:2 per cent. The premium en Canadian oxclinnge in New Yerk wu? unchanged nt 's te 5-H2 per cent. Central Kurepenn exchanges were nominal and decidedly irregular. Serb ian tiiewcl n decline of 7 points, Po lish were down fi ; Juge-Sluvlan down 2 ; Greeks rose 0, and Rumaulun was slightly higher. Quotations : Hill- 94 ganan. i;.i inrian. ;.i Jtumaniun, .(lesj : Serhiun. 1.70; (iriek. 2.10; Ciseclm-SleMiklun 2 'i 1 Ji Ji ' Ji 1"4 n.2.'la; Juge-Slnvlnn, .423; Polish, .0085; I'lnnish. 2.'li); Austrian, .00 1113; ; Hungarian, .0001. TKhTEIll" s- riOSir-G CJUuIATrONH s'cr r i ri-inei I.lre UufMers "D--menA 1 14 7 071.1 4 Vi lid 114 Cable, 1 Hi, 7.0S LO":'-) Ut) 10 '.4 TODA1 ,S OPl.NtMl CjL'OTATION'l 'i , Kl.rllMr Frlinr-n I.lr,. Rullrlnra .', itl.min.l 4 4 4'i 7 0h; 4 44t 7 06' 4.01 .I'i f2 I C Jab'.es 4 441, 7.0IM4 4.0ft'i 3U 07 Raw Sugar Market Steady w VerU. O. t i;G. Tlie rmv .u-rar piai ket wai fulfil itcitMi and ntetuiy Willi i u- i -a paa ir vui.turr nu .suvi-niunr iuii..iii''nei ' n....l n, 'J. An.u mu. a.. A fHl.,1.1 .1 1 lU'llU Uh ., . .ruin, k'l ntl'l .(CIH.IL. Ull'jn I elrc)V t" !al rollnern a-nrttntnil SO, 000 baia Cuba Rfleal, and (or Immtxllati ehlpnicnt nn Hat 1, rials, whlln thn 1'ennHj I 1 Ji a ii i vanla aur Cen r any, ut I'hllailtilphta, pur- rhakC'l is nun t.aKu I ubnn for alilpmnt (.irly nut month at tl e wns urlra level. Arrl- , vale of ran. tm lui-il 4000 bnaa l'orie i lllce-i te thn N'Rtl'n.u Hnvur Ilrflnlnn Cem-I ?a i 1' i' I pan-. J'1' men, rpnnr i nmrKei ia inn.iar-I ;c lately actlve ui l unrtuinL'eil at Hat p-U-- i rarglni.' frcm 0 he iti.ta te 6.I1O caiu-i, leu. U rr cent for i l, I i u Liverpool Cotten iu I JJ-rernoel, Oit. US 1 here va a fair rla- ' ' rnand ter p ' otten teJaj. but price I were eteaily en th Iji'a of nn advance of 14 pQlntB fur mldilllni- nt II Slid. 1!id aiUa were lU.tHJU eai(n l lie reieipia were .000 bales, none Air.irl.nn Tuturt-a weu atea.ly In the curly i1e.timn .Huet prices vvere; American, tnld.lllni; t.ilr, 1,', H0J, .reed mid. illlne, 14,40.11 fully mliMllmr, HBSil; 111M. illliiff. 14. 2"d' lev mlilillliiu 13.65d; teod ordinary. 13.1Sd. mid eiUlnmy, r.'.Ut.!. ttmi three 1 Norfolk & Western Pays Extra Norfolk nnd IVtatern Itallwav dlrectem ileclare.l tlie reitular Quarterly illvldei.il of iii. , , I ft. 70 n ahare in the ruimnnn fleck uii.l nn extra Ulvldma of tl per elmie, both 1 I mivrIiIii JJeriniber IU te eteck of leiird .evember i"J I n- 1 , Extra Dividend by Packard Moter li'trnll. fict. u 1. 'He l'n ' ,inl Miitur 'i' Cimiiany hue lUilateil t uniiirlv lil.tilumi of i'v pir r'nt nml uu intra illihleinl u" Ji.0 1:17 044 -'11 ft rent en the .011, rui) nil, 1 ik tub M .11 t.( (Ji leber HO 'I'll') fi'iilllic rent en ine eii.mun eteck beili Mi.'k if lei-mil ion illMilenn ui pauheil January II I ti -1 Dividend inrinrmi a '11IHKK YI.KX MtiRfl Ol' IlllKKr ' '""' "s .- -- - , j 1 1111 11 nviie 'I 1 ' u 1111 1 111 1 iHrriiiiriv iu 1" '' n"' .'r".-".V." . L"'."i. ."."SW .,re". I. ." Imh u .-i.i .. ..... .-.. . ! --'.""- ' - . " : cjiiif-rT te th fffect ttitet llbt-rt l MlatU for "j tlir-e yfHrn mei of pum-r Such illtuuu lif-i- 1 tn utiu Mmi traiid - . - - - ... Pretlta V, rttrful l'eralirn Nevva Hifrvlci of the I'uiiue 11,800,00-J. Lepem. "Aak. It a Habit.'' Auv. RUincnitu iinu iini'iij' ure u pin (.1 Hih ur Where Uncle Sam stands guard Think of having your savings under the supervision of the most powerful government in the world. And at the same time having them earn the high rate of 4 interest And, tee, you enjoy the privileges of a thoroughly efficient, up-te-date bank combined with the kindly interest of our officials who welcome the saving fund depositor large and small. 4 Interest Allowed en Savings Deposits National Bank with a Savings Department National s Bank of Commerce 713 Chestnut St. Nathan T. Felwcll. President Tax Exempt in Penna. Free of Federal Income Taxes $100,000 CITY OF PHILADELPHIA Coupon 4 Bends Due July 1, 1939 Price 1004 and Interest Te Yield about 3.96 $300,000 CITY OF PITTSBURGH City Hall Lean Coupon 4V4 Bends Due December 1, 1933.38 Price te Yield 4.10 Edward B.Smith & Ce 1411 Chestnut Street, Philadelphia City of Philadelphia 0 Due Oct. 11th, 1952 (Nen-callable) Price: IOI&& Int. Graham. Parsons & Ce. 435 Chestnut Street Philadelphia The First National Bank of Bosten The leading financial institution of New England Foreign and domestic commercial banking of every nature Correspondence solicited HORACE P. GRIFFITH & CO. Certified Public Accountants FINANCE BUlLDINfJ. rl.llail.lphla lluruce tirlilltli. C. 1, A. Wlllard II. Oliider, 11. i'. A, A. Win. I.aivla Mi'llei. O. RtCIPROCAL AvfO"0'1'-"' JrHUWANCl Mean 25 sv"nB Penniylvania Indemnity Exchange mm Bread Bt. It, X'inn Bau; m Bends for Investors Reed A. Weman & Ce. Uemtiara of the I'Mla OtecK,,,'."".' West aa Wtuat i'ii"!.. i''-. TAX IIKTI'KNH Al l)IT f-itTt8 I. Franklin Heward & Ce. Certified Public Accountant Laud illle Jllla-.. -1un:'. 'Ji "(j: tilludtUpuU, ft! yaahluttieu. t I .... 'J2k i
Significant historical Pennsylvania newspapers