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EVBKING PUBLIC LEDGER-PHirMDELPHIA. WEDNESDAY, NOVEMBER 8. W&
K K r '.WiJPJTJ i J.M.Ia AFLVnZZtt tw h W .,"y
eY' 'mwp;v r -
It' r
v v 'I
W 4
JkTifli.'
ITl'JJ,
VHIK
Canadian Bends
NON-CALLABLE
before maturity
Province of Alberta
Geld 6 Bends, due 1943
Yield about 5.20
Greater Winnipeg
Water District
Prer. of Manitoba
Geld e Bands, due 1052
Yield about 535
The National City Company
Philadelphia MI7 Cheitnut St.
AtUntle City Chalfente Bleck
1223 Beardwilk
te MARKET N RED
SBkv m& v4"JSMV II
MUNICIPAL
DEPARTMENT
WE have a special
department
which devotes itself
exclusively te the field
of the municipal bend.
While information and
dealings are in bends
of the whole United
States we are especially
well informed en these
originating in me Stats
of Pennsylvania.
STROUD &
COMPANY
Incecpente 4
PHIUDCLPMIA NIW YORK
WASHINGTON
Twenty-two Years
Age
In 1900 Philadelphia
bends sold en a 2.909
basis. Today the City's
49c bends, due 19S2,
can be bought at 101J
and interest, te yield
about 3.935. A Price
Chart and Circular will
be sent en request.
Harris, Ferben & Ce
Pine St., Cor. VViilSam
NEW YORK
PHILADELPHIA OFFICE
Widener Bids.
Telephone Spruce 7040
ELECTIONRESULTS
If Any Speculative Disappoint
ment Existed It Was Very
Clevelry Concealed
New Yerk. Nev. S. Yesterday's
election results, Mnrtling no they were
te wnw people, proved n negative factor
In teda's stock mnrket. Cenalderable
fcvcrlshncss attended the price move
ment, tmt this could as easily been
ckiirccd te t lie aftermath of the recent
severe adjustment process as te thn
b'iMet verdict. In ether words, If any
speculative disappointment va felt
ever the elections It was cleverly eon een
'nalcd. What was mere, every means
was taken te cheek mate any maneuvcr
en the piirt of the renetieniiry party
te make bearish amtmiuutlen out of
the incident.
Peysibly the day's market would be
truthfully an dbet described as t pieul
trn ling affair. Tlic nrnfeiimnnl ele-
ini'iil unnucitinnnhlv nieed 11 rum- I
J'lfte domination n'f the ' nrnircdinss. I
... ...1C. - -- i-l "
.ii -m'u -iri"rruii n erriijiieii u jimi'iit i
iniltience 111 the diupiii,' th- op uaHeu-i, j
lis there was nil everlulitnciti,: amnuiit
of "dierl covering te offset ntiuiiedl
piati'-tnlclu;:
As n lesult the trading wn mine1
specialized and hiituriill.v tlie-i- pai
tlciilar f-lmres the mure MMisit vc te
lti.ililpuletie influence weie -eleiU'd ns '
tlie leaders mid iinp1ntd as the 1m li
st ty ( the gcncriii li"t. Thii brought
the tohneee, merchatidl-fni: niid ntin- it
the coppers again into imminence. .
te thn main body of t ii'ns theie win
actually no color te the UMie-.n turns.
The advances nr sulciiient Mirn nd"i nd"i
ef the trains mi'ielv reflected th- III f inir
of position of tlie trading umtnui'it.
Wall Stieet has u vwi of I'linductlii.;
Its operations without regard te ex
ternal developments. Once in awlilk it
borrows nn exitcse fiem the from the
occaMen te supplement Its own triitev.
' The dny'n operations taken as a whole,
unquestionably could be nceeptut ss
typical Illustration of that piculiiv nt
titude. I The epennc was nurprlsinclv quiet
land the Initial piins irretilar. Met
of the btnndnrd issues etarted out lewir.
but a number of j;oed guins were made
by the peel speciiltics. It was ewdent
b reason of the apparent "feeling op
erations" a eidly portion of the pie
I flsinnnl track r were emewh.it i.on i.en
jP'uvn In the seemlns 'trenp undertone
of t!'e list. Snei-uliitlve buvers .ih-
, Rerved the initial eiTerlngw by the I
I "bears." and the market seen shook off
Its esrlv weakness. The coppers, pub
lie utilities, equipments, fced, shoe and
I hich-priced els dd especially well, jiains j
mntiinc from 1 te 4 points. The r.ilh, j
lluiweter, was net enduring, active sell
, i:u f the foreign oils and pietlt-takins
I in the merchandise share causing i
iiiam leitlers te slip hick Mibt'int!'il!.v
befeie neon. May Depirtinent Stores i
Hid oe'worth dropped 4 and points,
rrspn thely. from their high levels',
tthilc deiKial Asphalt "old - under
Monday's cosine, nod Deme Mnes :i1,.
"hi' sustained stiength shown by the
standard cepjwr issues later led te n
modifieitien of the Bellng pressuri!
ii?anst the usual Mrs.
Commodity Markets
GRAIN MARKET
Chicago, Nev. r,. Weakness de
veloped In thn wheat mnrket teda dur
inu 'he early detilins, lower fUotatlen
at Liverpool bavins a bearish effict.
Commission houses were the principal
seller-" here. OffcrliiKs though, were
monk of a sc.tttvrcd sort, strength in
t1'" (Otten marl;ct and httndinuss of se
curities acting as something of n elicit.
The opening, which ranged from rjc
lower te ?4c higher, with December
Jl.l.T-i te S1.15t4. end May, $l.ir-4
te SI. 10, was. followed by a matennl
nct-naik all around.
Expectance of u bullish uheivlnj In
'he (levernment crop report as te corn,
made the market for corn and eats rel
atively Arm. After ei ertliit; unchanged
ti -c off, December Gilsc te GOc, cera
scored moderate general gains.
Oita started unchanged te a quarter
cent higher. December 423.c, and r
acted slightly, but then advanced for
Ui' deliveries.
I'd-1-,!, n- lacked support, despite an
ui ward tijiletjcy in neg values
PCNNSYLVANcASTATE
TAX FREE ISSUES
PHILA. & READING RR.
IMPROVEMENT 4s
APRIL 1, 1317
PRICE 91V,, AND INTEFtEST
TO NET .',
NEW YORK SHORT LINE RR.
1st REGISTERED 4s
FEBRUARYl,4a9S7
PRICE 37iv AND INTEREST
TO NET 4,7S.
NEW YORK, PHILADELPHIA
& NORFOLK RR.
STOCK TRUST 4s
JUNE 1, 1948
PRICE 85 AND INTEREST
TO NET 5C2,
REILLY, BROCK & CO.
305 CHESTNUT ST.
PHILADELPHIA
in 1' ' no Open Net
hi CO (j lis", et.
V H ' ,r Mi i T'i 4
ju 'j"-, uaiiJ eh' j et'-
L-.-r.a. f i.ie i l.-i T i nf i Liu
Miv ... : is' l.ii V i.iti l i;'i
'u . 1 HI 1.03'4t; 1004 1 05'k
tj'i .T. -h U 2'f
M v " A 9 S3'. US
i UcT7. .. fis ,
:iu. .. MU S4J
M. - 'i . .. 10 dO !)3H
COTTON MARKET
New Yeril, Nrv. Tl.u hujing of
cijtten this morning was a,iin lii ,i big
m tiie, leiultlng In epen'tig tidvunces ui
'J," te 4:5 points. Traders hclleved that
lie Census Kurcuu ginning figures of
S.130S.10 bnl( ludhnted a crop under
lO.OOu.OOO bules. ThU deubtk-Ji at
tract' j a let of commission heus pur
chasing In addition, Liverpool, Jup Jup
uneee interests, New Orleans and the
ri-de I miijht fredy. Offerings were
irmlernt' from Wall Street, th Seuth
an . s r n et ti e ip.,r homes.
I!u-nts r i'ir.ni.ed active after the
stai' vilt.t prices iiHin steadily.
IT
NEW YORK STOCK EXCHANGE TRANSACTIONS
Only AtUrnoen Rtpert In PhlUilhtm QmeUng Fwit Llit
flAUa
2100
tee
600
ree
400
200
tee
100
3E00
100
100
100
res
coo
200
600
100
1C0
200
r.03
450
100
700
900
100
1200
300
200
2500
3400
1200
2600
1 6300
600
413
100
200
S00
?.00
4M
103
6300
1400
3300
100
3100
400
2200
103
703
3105
500
200
203
100
100
100
200
203
100
100
300
200
103
300
200
100
100
303
100
500
200
500
100
100
100
100
35100
500
533
2330
103
103
203
200
200
1430i
15630
200
3703
430
?33
100
tee
200
200
100
100
133
10730
200
603
200
27330
100
14500
200
300
903
600
100
103
330
600
16930
1303
803
103
100
7600
100
100
100
303
203
100
200
103
333
200
100
1300
2400
1000
100
100
200
830
100
103
tee
1C0
100
103
103
130
100
300
D00
200
100
400
1300
1?00
100
5?03
B00
Civ.
In I .STOCK tilth
4 Allied Chem A Iy.. 7814
7 Allied Ch ft Dye pf113'a
4 Allla-Chalmcrs .... 44ft
7 Alllg-ChalmeM pf. . 63
.. Am Agrle Chem.. 32 J4
. . Am Aitrle Chem pf . 03
4 Am Hank Nete.... 77
.. Am llesch Magneto. 38
.. Am Can 73'i
7 Am Can pf Ill
IS Am Car &. VAy IS5U
.. Am rUK Sn ti'i
Am Kxpress 1ri0
.. Am Hide A I.enth pf 70'i
7 Am lee 110
.. Am Internal Cerp. SO'i
1 Am I.a Franca Cm? ' 1 Ji
7 Am La Fr line pf. 9'1'a
. Am I.lnsecil 36
liOcometlvo... .1zui
Metals 40',i
Radiator 116'.
Safety Ilizer. 7S
Smelt F9"
Am Smelt Sec A.. 100
Am Steel Feumlrle 43
Sujrar Ref 7b U
Sumatra 36 U
9 Am Tel A Tel 1244
12 Am Tobacco 15BU
Tobacco B.... 153 U
Woolen 98
Anaconda CenDcr.. 52J,i
Asse Pry CJoeds... 67
At eh Ten A San Fe14
A ten Tep n a P Pt 52'j
Atnnt'ij Coast I.lnelt''i
Atlantic Trutt ?U
Atlantle Fruit ctfs. 2'
Austin NIohelR ... 3i'i
Austin N'lchebi pf.. HO
Raid win Loeomotlvo131 S4
Tlaltlmore & Ohie.. 50 1
th Steel B 70ft
Brooklyn Edisen ..1?0
RUlyn Rapid Transit 1fl'i
C
3
4
'i
8
S
Am
Am
Am
Am
Am
Am
Am
12 Am
7 Am
.. Hklyn U T ctfs.... IS-,
.. Brown Shee 62
7 Ilrewn Shee pf.. . . 9U
2 Burns Bres 11... . 48 "-i
.. Butle Cep A- Zlne.. fi'i
.. Butte jt Sup Cep.. 33'
6 Ca'Ifernla rarUIni:. 03" a
.. California Petrel .. 52 M
7 California Pet pf. . . 92
.. Cal Zlne and Lead. 8ft
3 ( nlumnt A Arlsenn Efl
10 Canadian Psclfle ..146
.. Case J I Thre3litng r-3ft
.. central leather ... Z9
.. Ccn Leather pf . . . . 76 JJ
.. Cero-de-I'nsce 40
Chandler Meters ..61
4 Cbesspeake & Ohie. 74
k Cherapeake A Oh pf104
.. chlcaura a Alten.. 2?i
.. Chicago A Alten pf 4 'a
.. Chi A B 111 26
.. Clil A E 111 (new) pf tOft
.. Chicago A Or West 4?t
.. Chi A Or West pf.. 17ft
.. Chi Mil A 9t P ;8',4
.. Chi M A St V pf. .. 43!,
5 Chi A Nerthwentern efl'i
4 Chicago Nneu Teel. t3H
. Chi It I ft Pnc -10
7 Clvl R I &. Pc 7 pf 9?
.. Chile Copper -0 Tj
.. Chlne Copper .... 6'i
4 Coca-Cela 78 i
0 Celum Cns A Klee..109;
.. Celum Oraphaphone 3ft
. . Cel Graphnphene pf 1 ? i
6 Cemn'it Tab ec .. 6D
. ConFel Cigar '0'j
. . Cen HjTvr pf M
5 Con-e ldnted Oas ..141 i
.. Consel Textiles ... 12
.. Continental Can . . . 6
Cern Products Ref.130i
48 H
77
S4'i
22 ft
13
36'
32 4
Ce'den A Ce
Crucible -teel ...
Crucible Steel pf . .
Cubin Am Sugar . ,
Cuba Cane Suijar.
Cuba Ctn Sugar p
Pvvlien Clvmlcal
iiehfem t; Min liu -i ;
De! Lad: A Went .135
Pem Mines .... 43
Duluth Se S A. A. . 3H
Pu Pout (i: I ) Ce165
Klee Steruge Bat.. 56 H
Endlcott-Jehnson . 901
7 nndlcott-Jehnson ptnsft
. Erie 12ft
. Erie 2d pf 14tj
. Hrla 1st pf 19ft
8 Famous Players L. S3 ft
0 Fisher Bedy 153
8 Flther Beuv of O pf f3"2
. Flslt Rubber .
. Frei pert Tens ..,
3 (len Am Tank ...
. (Jeneral Asphalt . .
5 IP neral Asphalt pf
6 riunral f'lqar .
8 (5, u EUcule
. Otnl i:iee sp-i-Ial
. Gf neral Meters
6 General iotern pf
7 (len Meters deb 7
. Cimbel Bres . .
7 i Umbel Bres pf .
. Ce rtwyn I'lctuies
. Goedrich B F
7 Great Northern pf
Cranby Mlnln
i:
22ft
75',
ee
ui
..177;
pf 10'j
. 14S
83 ft
97
40 H
97
6H
33
91
26 V,
4 Ort North Urn ctfs 24 ft
.. Oulf States Steel 68
3 Homesteko Mining. 71
. . Housten Oil PO
2 Hudsen Moter Car. 21 H
1 Hupp Moter Car... 32ft
. . Hydraulic Stc!i . 4H
6 III Cent pf A 1I4J
, . Indiahoma Ref .... 20
, . Inspiration Cen Cep 3Gft
. . Inter Cen Cerp pf . . 1
. . Inter Cen Cerp.... 'i
Internat Cement .. J-'a
Int Harvisier new IOjsj
Inter Mcr Mar'ne pf 52 ft
Inttr N' led . . .. 15 V
Inter Nickel pf ... 80
International Paper EGi
Inter Itanld -514
. Invincible Oil Cerp. 15ft
Jewel Tea 21
4 Jenej Bres Tea. ..
. Kan city Southern.
. Kansas A Gulf
, ICayser &. Ce new. .
. Kelly-Sprlngfleld ..
6 Kelsny Wheel . .
, Kennecett Copper
. Kesten T & It ..
OX
21 A
4W
46 Ts
101
35
7614
113ft
44
94
32
62'i
77
38
72 '4
111
18b'
6ft
149ft
70ft
110
30ft
ii n
990
as
1?6
43
110ft
74
61
100 ,
44 4
75 ft
36 H
123H
153ft
154
964
50 4
66 ft
103ft
92 ft
117
ft
I
3:
t'S
130ft
49ft
08 ft
120
17ft
t'S 4
61
3
4'1
8ft
3? 4
U3ft
P2ft
92
dft
E6
Hi
33ft
""J
76 ft
39!i
61
74
103 ft
2 4
4ft
36
0ft
4ft
12ft
28 1 4
43 ft
C9ft
834
40
97
-7 4
Z6ft
78 ft
107 4
3ft
124
69 4
83 ft
130
11H
95
128
49 4
764
94 ft
22ft
13
36 ft
324
21ft
13-)
39 4
3ft
164
56
P6
118ft
12
144
19ft
"ft
151
93 ft
124
22 ft
74 ft
53ft
85
80
177ft
10 ft
144
83ft
97
40 4
97
0 4
33
LOft
ye ft
34 ft
67 i
73
79
?1
21 ft
4 4
114i
20
36 ft
1
ft
32 ft
1054
2 ft
IS ft
00
ze-
24?,
15ft
2i
E04
21ft
2 4
46
414
101
35
Cft
1(10 N,t
P. M. Ch(.
78ft H
113ft ft
44
- 1
94
32 -
63
77'
38
73 -
III
185ft-
ftf
M9H
70 ft
110
304-
11H
99 ft
36
126
43
116ft-
7 .
58
1004
44 ft
76 ft-
36H
123H-
15d 4-
155ft 4-
97 ft-
514
66 ft
10314 .
2?-
117 -
2!4
32 ft '
06 -
131
120 i-10ft-154-6
4
99
43 -8ft
33H
83 ft .
2 ft
92 8ft-
56
146
33 ft -f
39 4
76J4 4-
40 4
61 -
74 -104
24
414 36 -CO
ft .
,
28 ft
43 ft
89 ft
834 40 4
97 -284
26 ft-784-
109ft 4-
3ft
12ft-
C94
36 4 -
84 4
1 41 ft 4-
11-M
66 4-
129
13 -36
ft-324-21ft-
135 -
41 -
3!4
164 -
E6 4-
89 ft -f-
110J4
12ft
14H-
1ft
93ft-
153 4-
93H-
1?.-
22 ft
75 -534-
esft-
81 4
177 ft
ft
97 -f
-6M-33
4
91 26 ft
73
79 ft
21ft 21H-
44
1'4ft-
20
36?4
1 -
ft-
32ft
1054
52 ft-
1 b ft -
80
50 4-
24ft-
15ft
21
504-
21ft
24 ..
3ft ft
42
101
3-3 - ft
6ft- ft
4
"H
i
lH
4
1
ft
ft
4"
ft
ft
ft
"ft
ft
4
2ft
4
1ft
ft
"!4
ft
ft
" ' ft
ft
ft
ft
ft
4
ft
ft
2ft
1ft
4
4
14
ft
Oft
ft
H
H
ft
ft
4
ft
"ft
ft
14
' ft
H
74
ft
4
H
2ft
1
ft
ft
2ft
ft
ft
ft
2ft
3ft
ft
1
ft
4
4
ft
"ft
ft
ft
1
4
2ft
ft
'ft
3ft
ft
ft
ft
1
4
ft
ft
ft
34
!4
1ft
ft
ft
ft
ft
ft
ft
ft
ft
4
4ft
4
"ft
"ft
ft
ft
ft
ft
"ft
ft
ft
1ft
ft
Pit.
' in.l BTOCK Hit
1200 7 Krest 8 B 187
100 J ft Lehigh Vallsy ...... 67 ft
700 H Wma Locemotl-w ..60ft
.529 ..Leewiine 194
1200 l Left Climiy 134
iw 7 Leem VIIh lit of. 104
iz Lerlllard (Plsrrs).. ies
100
3800
100
100
400
200
1300
1100
3700
1100
1100
300
400
100
MOO
600
loe
200
300
200
.. Mack Truck
57
T Mack Truck lit pf . 92ft
v Maekay Ce "
Magma Copper
niamnaen Ce
34 ft
32
2 Mnnhat Rhlrt SB ft
.. Mnrket St Rwy....
6 Mar St Itwy pr pf. . 72 ft
.. Market St nwy pf.. 40ft
. . Mar St Ilwy 2d pf . . 25
4 Marland Oil 33 4
.. Math Alkali 53
Max Meters Class B 1 4 H
t May Dept Stores. ...163 ft
1 Mclntyre Mining ..IBM
13 Mexican Pet 222ft
I Mexican pf 98
Mex Seaboard 18ft
6 Mex Seaboard Oil ct 174
I Miami CoDeer 27
4100 Me Middle States Cerp. 124
1300
300
100
tee
300
200
100
200
300
100
2100
100
200
200
409
100
1600
100
2030
400
2400
400
830
200
400
1030
100
200
4200
2900
4300
3900
100
1600
1900
1300
400
200
800
100
1300
200
300
100
203
300
Mldvale Steel 31
Me Kan A Tex (wl).. 17
Me K A T (wl) pf. 44
Me Kan A T pf pd 31
Missouri Paclfle ... 18 H
Me Paclfle pf 34
Mentana Power ..70ft
Mentana Power pf . .108
Montgomery Ward. 21 J4
Moen Moter Car... 16
Mether Lede Mining 10ft
.. National Acme ... 134
. . Nat Cen A Cable. . . 1 4
.. Net Kn A Stamp... 67 ft
6 National Lead.... 116
7 Natlennl Lead pf...112ft
6 N O Tex A Mex... 03
..NY Air Brake A.. 49ft
6 N Y Central 90H
2H New Yerk Deck....- 29
.. New Yerk N H A H 9 ft
7 Norfolk A Western. 11 9ft
S
7
1
H
North American ... 93 ft
. . North American rti 26 ft
6 North Paclfle UH
. . Olila Pred A Ref... 2ft
2 Owens Bet Mach... 38 ft
. . Paclfle Devcl Cerp. 14
.. Pae Oas A Elec... eeft
3 Paclfle Oil 464
I Pan Amer Petrel... 90 4
8 Pan Amer B 88ft
. . Parrlah A Bingham 1 1 ft
3 Pennsylvania R R.. 48 ft
.. Penn Seaboard Bteel 4ft
6 People Oai Chicago 95 ft
Pere Marquette
Pere Marq pf . . .
Philadelphia Ce
Phllllpn-Jenes pf
Phillips Pet
44
70
41ft
91
464
Plerce-Arrew Moter. 1 1 4
Plerea Oil 54
Pierce Oil pf 43ft
Plggly Wittily Stere 42 ft
Pitts A W Va 37 ft
100 114 Pend Creek Ceal... 1814
1300 .. Producer! A Ref... 44
800 Pub Ser Cor of N J 68
100 8 Pub Ser et N J pf105ft
2700 S Pullman Ce 131
iuuv it rare uu
400 8.41 Rand Mines
100 .. Rav Cen Cenner
2600 4 Readlna;
400- .. Replogle Steel...
2800 3 Reynolds Teb B.
100 8 Reynolds Tobacco. . .090
iw ,. KeDUD iron ft steel. 1'4
134
83
27 ft
58ft
300 4.18 Reval Dutch N Y.
400 .. St Leuis Southwest.
200 . . St L Southwest pf . .
100 ,. Savage Arms
300 .. Saxen Moter
200 . . Seaboard Air Line. .
600 .. Sears-Roebuck ....
800 . . Seneca Copper ....
200 .. Shattuck Arls Cerp
10015(4 Shell Transport ..
zee
3530
100
100
2400
800
333
J00
1000
1400
100
100
200
700
300
8700
1300
1200
2300
1700
100
1200
1900
700
600
700
700
54 ft
35
57 ft
21
34
6ft
85
10
9 I
354
6 Shell Union Oil of. . 95
S Sinclair Consel ... 324
.. Skell Oil 9ft
. . Se Perte Rice Sugar 434
8 Southern Paclfle .. 924
.. Southern Rail 24 ft
8 Southern Rail pf... 68 4
.. Splcer Mfg 194
BUnd Oil of Cal 124ft
Standard Oil of N J212
Stand Oil of N J p(118
Steel Tube pf 78
Cterllng Product! . . 57 4
Btewart Warner 8pa as ft
Stromberg Cast) ... 53
10 Studebaksr 127ft
Sub Beat Cerp a
Superior Oil 5ft
Texas Ce 48 4
Texaa-Oulf Sulphur. 68
Tex A Pae C ft O.. 224
Tlmken Rell Br.... 33ft
Tobacco Product! . 55 ft
Tobacco Pred A.... 824
Transcontinental Oil 144
Union Oil 16ft
10 Union Paclfle 146ft
4
8
7
7
8
4
4
30 8 United Drug 1st pf. 48ft
700
700
700
1100
1200
700
2000
12600
200
1200
1300
4500
200
700
100
633
500
103
200
100
200
303
200
BOO
100
100
100
200
4100
300
100
United Fruit 155ft
. . United Rwy Inrea.. 14
. . Unit Rwv Invest pf 29
. . United Retail Stores CI ft
.. U S Ind Alcohol.... 67ft
..US Realty A Imp.. 87 ft
..US Rubber 524
tV B Steel 107ft
7 U S Steed pf 121
S Utah Copper 66
.. Van Raalte Ce 65 ft
,. Vtvaudeu Ine 14 ft
.. Wabash 10ft
.. Wabash pf A 294
8 Wells Farce Exp... 93ft
. . Western Maryland. 15
.. W Maryland 2d pf. 26ft
, . Western Paclllc ... 16
6 Western Paclfle pf. 60
WcstlngheutM A B. 08 ft
60 ft
10
49ft
8ft
0
Westing CAM.
Wheeling ALE,
White Moter ...
White Oil Cerp.
Willys Overland
Willys Overland pf.j 41
Wilsen A Ce 41ft
Wisconsin Central . 30
Woolworth F W...2134
Werth Pump AM.. 33
wriK.ni Are yaj
Ez-dlrMsntl.
Lew
1B2ft
60 ft
1.ft
104
165
59 ft
92 ft
1064
34
32
88
6ft
68
344
24ft
33 M
L4H
161ft
16 ft
222ft
98
18ft
17H
27
12
31
17
44"
31
184
54
70 ft
108.
21ft
16
10ft
134
14
67 ft
114ft
112ft
81ft
49 ft
98
28 ft
28 ft
119ft
944
26 ft
84 ft
2ft
38 ft
IK
85
46 ft
884
07 ft
lift
1
93 ft
34 ft
70
4154
91
46
114
54.
43 ft
42ft
37 ft
18ft
434
97 ft
105ft
128
284
34 ft
134
81ft
264
56 ft
90
49 ft
54 ft
34 ft
57 ft
21
34
6ft
85
10
64
354
95
32ft.
9ft
434
92 ft
24 ft
63 ft
19ft
123
210ft
118
70
b74
56
53
1264
7ft
5
48
65 ft
224.
33
54 4
82 ft
14ft
16ft
145ft
48 ft
1544
13
2G
80 ft
66
86 ft
52
106ft
120ft
65
63
144
10ft
284
93 ft
14ft
25 ft
10
594
98 ft
60 ft
10
49 ft
5ft
6
41
4IK
30
203
33
94
1:00 KM
P. M. Ch.
182ft- H
67 ft
60ft 4
19ft 4
13 -
104
ft
4
163
9 74
2H BBft4-
9
3
M
2ft
ft
4
4
3
!i
ft
34
ft
4
'ft
1ft
'ft
4
I
72ft 4- 6
40ft Oft
25 4- i
33H
S3
14H-
161ft-
18ft-
220 ft-
98
18ft-174-27
12ft
31 17 4
44 4
31 4-18H-34
-70
ft
108
-10ft
-1344-14-67
ft
116 4-112ft-D3
-2814
89 ft 4-119ft-954-26
ft-844-2ft
38 ft
14 85 ft 4
464 t
904 88 4
1U4 48 -4ft
95 ft
41ft
91
46n
ft
42 ft
37 ft-101a-434-97
ft-105ft-129ft
4
29 34ft
134 814
204
58 ft -
1
90
49 ft
54 ft
35 -57
ft
21 -
34
6ft
8S -
ie
9
32ft-
9ft
434
J4
63 4
19ft 123
211 -
118 -78
-57
56 ft
53
1274
7 ft
5 -48
-63
ft
?2 4
33 4
55ft 4
82 ft
145U -40
ft
155ft
14 X.
29 J
811j '-
67 W
-6b
144 4
10ft
29
93 ft
14', .J.
-60
98'
eeft
10 -
49ft 4-
5ft
C
41
41ft
30 203 ft
33 -
94-
4
1ft
14
ft
ft
V
ft
ft
1ft
ft
A
ft
ft
4
Vi
1ft
i
14
ft
14
r&8
ft
ft
4
ft
ft
ft
'ft
4
1ft
' J4
'ft
'ft
ft
U
ft
ft
1ft
ft
ft
1ft
2
3
ft
Jt
ft
4
ft
ft
1
4
'i
4
ft
14
ft
ft
ft
lft
4
AMERICAN STORES
Trading In the Other Lecal
Stocks Dwindled te Intlg
nlflcant Proportions
Had It net been for Hip further nrt
vanee of mere than four points In
American Kleres te 1(11, the dnj'M
npcrntlenq In the local market would
hnvp been barren of feature. The ad
vance Itv American Stores tunning A
net gnln of nearly 12 points for the
current week, carried the stock wltnln
2 points of the top price of the yenr.
The hlith e? 107 uns mnde In the second
week of October, from which high perch
thern was an almost perpendicular drop
of 1(1 points, te 1(51. In ether words,
the stock In two days mnde up the less
sustained In that period. The movo mevo move
nient was again conspicuous because the
nbsence of nny explanatory news, or
nddltlennl light nn the frequently re
ported Intention of the company te r
orrnnire the capital, through the spilt
ting up of the present shares en tht
basis of four new shares for each Bhora
new outstanding.
The inactivity of the general list
could hardly be attributed te the elec
tion results, simply because there WBi
mithltnr nt Issue luivlne nn.v direct bear
ing upon the position of any of the local
corporations. Accordingly Hit curtail
ment uf triidlnc could be traced te dls-
position te await (he action of the larger
lll'll KCl.
The lone of the general market de
spite the limited operatienx and nar
rowing of the scope, was quite strong.
Little or no change was made in prices,
or clue changes comprised small frac
tions. Whlln Pennsylvania Railroad
continued te 'In freely supplied, the
underlylnir demand was sunicicnt te nt nt
serb offerings. The quotation, ns re
sult, was held relatively steady. P.
It. T. moved up te 32 en small deal
ings. Indicating n better appreciation
of the Improved earnings te be derived
from the new Frnnkferd Elevated
feeder. Philadelphia Electric issues
also remained linn. U. O. I. en odd
lets surrendered a ',4 in yielding te
01 4.
"mm thtn m ! 8-rfWtaf"
BreaeVay and Fifth Awwi
at Madlaea Squat
Nw Yerk
THE
FIFTH AVENUE
BUILDING
At the intersection of two
world-famous streets, fac
ing a bread, open park,
with light and air from
four sides, and qenvenient
te railroad and steamship
terminals, financial, hotel,
theatre and shopping dis
tricts. Few locations for
efflc6 buildings offer equal
advantages.
Philadelphia Stocks
Mtt
210 Am Tins.
2I7 Am Strs,
10 On Asph. D0i fitl R0i
Irish Ixw 1 P. M. chc.
,. 7r. 74 75 4-1
..NIW 104 ltt4J-4
,. 12U 12ty 124- Vj
02 Lit Schuvl 42
10 O Eisenl'r 70
fiir, I'enna R R 48ffl
2.-'ierce-Ar. 11
14(1 l'hlla Elcc Sl
07 de pref.. '.11
212 I'hila II T ,2V4
4,1 Phila Trnc 07
S.T Tone Helm lVa
7i"Tone Mln. 2A
10 U O I.... G04
2UrvlicIing
& L K..
42
70
48
11
31 Vi
ml
32
C7
1
21,i
ne-ji
4!
70 ..
48W..
11-1U
31 4 ft
31.f ii
32144- U
C0 5
10 Ys 20 ion
tNt elmna initie hy camrnrlven with list
M en Nen Yerk flteclc Kxchsng.
rilll.VDKI.I'ltlA OM)t
15000 U S Treasury 4'4s '52.. 100. 02
1000 Amer Ons & Electric 6s. 88
1000 Hell Tclcphone 7s 1084
1000 Hell Telicphene 7s 108
4000 Electric & IVe Tr 4. . 08
1000 Electric & Pee Th 4. . 70
GOOD I'hila Electric 1st fis..lets cUOH
llMjti I'Mlln Electric 1st 0s. . . . VU1
2000 Phila Electric Cs 100
LIVESTOCK QUOTATIONS
nttSbnnrh, Pa., Nev . HOOS R
relptt, MOO hfRd Steady. HeavlM. IS I'Ol
lieuvy yorke'o, llnht erkers and l)lg. $9 9
u 10.
SltnitP AND IAMI8 RiMlptt. 890
hrnil. Wteady Lamba, 114.75 hlebar.
CAI.VKM aorelpta. 100 head, lllshar.
Tep, 112 50.
East nuffdle. N. Y N'ev. . CATTLH
lln.elpta. 87a head. Stead. Oalvea, re
cclMw ISO hnil Mtaaily. JSrli! PO.
IfOOS Uncle's, 1800 nefiO Ooed. ac
tive, yerkara dtaady lu luc lewarj haavy
and inlx-.l . vnrkara. light erkara and
lies 18 6081). reUKli. S7.:.iiit7.ae; atava,
MUIUP AND UV.MJM Reeelnta. 400
head. Lambn, B0a hlsher. 10015.23.
r.at 8t. Lenls, IU., Nev. S CATTLE
P riluta, 4ii0 he n. I. Meatly ataady te
ttrnnz, few rallva utwra S'llO, Weatama
nTii35. bull: lluht yearllni.9, t&SOfiS;
(una, id.7R'21: tannara. ti36Cia50: ti.
Imn-v bull). ia.75G4.S3. veal calvee, IS 70
in
11(1(73 Hecelpta, 13 600 head. Onerallr
atCM.. Tep. f!l. 60; bulk. ISO te 1P0 pe-jnda.
JH UN! 8 '.0; 200 wiunda and up, IJ B0MB6":
Unlit llillts S" :ir-CfH 43. xUl. $8 4Uu8.He!
jftir aiwa, S707.15
ailKEP Racelp'.e. 2300 haad. Actlva.
atrunv Tup and bulk lambs, t!4; culla.
fbteltO; bulk tut an ei. H TiOIfB.
MONEY-LENDING RATE0
IVKW 1IUK- Meray en call, both clsans
nf collateral, epetiQd today t 0 per ctnt for
lendlnu and renewlns
FHIUtiDELPUIA Call. B par eenti tuna,
4 te B pur ecnli remm-rctal paper, thraa
te alx months. 4K te B per ram.
IJOKDO'S Meney, 3 vr rant. Dtaueunt
ratea. abort nnd tliree tnentlia' tills, Sit
2 0-10 per cent.
BAR SILVER
rinmeatle tnr alhtr rj ur.?!i?nr1 ii Nw
Trrk today at Qb'ici rr Urn ounce fureltn,
Od'.e, ort lV4c. In Ixinden. tin jrlce va
5 101 lewur nt 83 P-161.
I)e-"-nber
Jii jtry
MarcT ..
iUy ....
Ju y ....
leue
l l-M
13 87 f 44
is latii'i
24 7078
24 ,1sl40
( In
2i,ni
it 50
i 25
t til
'H (I",
13 00
Itirn
i.') It
23 ill)
2i.cn
25 4 a
ANOTHER JUMBLE IN MARKS
.01 4
i
Demand
Catlee ......
TOCAT'a
Kirby Lumber Pfd.
Atlanta, Birmingham
& Atlantic 5s. 1930
Wm. C. Orten & Ce.
M Wall StJt.T. TtLHuerar 9M0-M J7
NEW YORK COFFEE MARKET
Vew Yerk, Nev. 8 The market for
lelTi-p futures opened nt an tlvanca of )
1 t'i 4 points with trade ,i r' i v,ritiK I
In Di'ivinber and a little seittirei d'.
mand for the lutt r poiitletiH. Tin- M, '
trem betu ltiu and nuntet
irri nul.tr.
HenliY i cleaa
, . J ' '70
. n -.1 trs'j
. tl 3.'38l
. . p ojne4
Cables
Icn tier
.'.lurch
May . .
Ju v
bj!emfcer
Bid
VM p very
Ofa.1
07'2 1
9 53811
fi asj4
07
3
SALES ENGINEER
a'alTer IS jreara' aurrcaaful aulea
CUIITV airsrivrnv umwu
MSelsntleua hard work. Age
MBMt .
M, liy
Raw Sugar Quiet and Unchanged
Ne i'erk, Nev " The ra v jjrr mar-k-t
li iul t an urn 'ians-1 fitaK for
u ,nlr n I IIi.i'iti t r nhijr fiiji (ijntf-d
lit BiC fjut und frriUht Ar in i nt rnwa
in Mmlni vr r nun in1 lin.v ukiciv
K.iiini; uixut 1 in 'me i.ii i atrltut' i u
t .ewe 11 -Mil Ik- ( i t Art Hi
liruth,iri .1 h r 1 1 L.iki i in Vn f- u,ir
K- m iv Cemp.ru, 1 nu I..vki te th Ai t
lean duKir IMflr.lnu Cemranv 17 7d0 baa
te thi National Sugar Ivefnlnir Company.
(1000 baca IMrua an route te Canal... and
500 rusa Ceia Hlci.i cenilxnul tg th trade
the local refined murket ta unchanved with
Hat prlcea riinxln tiein (1 OOe lu 7c. laaa II
per cunt for can.
Reserve Banks' Discount Rate
Official rrdl'ceunt ratca at the twelve rd-
tra.1 ueecrva uunaa are aa roiiewa'
Iloateu
.Saw nrr
I ll.lf.U'-lp'l
i leve.aiid
It ct.inend
Atlanta ,
Chicago .
hi. iuia
Traaa
cm
, 4
4
4'.
. ti
4
Lib
bendn.
4
I
i'l
'
4'
1J
."
Cem'l llkae
pupur. accept.
IS
ui tawPaaav-t
tM 4
;v.v. t
iiitan 111
W" J
e
4 4
IS 4S
IS 4S
4S Va.
Oarman Currency Dreps te
Cents Per Hundred
New Yerit. Nev. 8. At the opening
of the foreign exchange market, francs, Dmand
which had sustained a ueavy ie-s en
Monday te a new low record for the
v a? crashed an additional U i-.mw
? ',. '.. .....1 l!li..in. le,t -1(1 l'Oillt hu'-h
l. :ii..a ,,u H..I.O are rtrely vvttii(s(l. Total
HxvIsh lest 10 peint: Hp-iiiHi .J"
Dutcb. 7 points ,-iviriwrii. r"""
unci arts vv ere .low n C- III te a new
low record. I.iic gninwl .points. S..r-
.. an uniruuiii vu iiii . ' - -
.UVn't. hlBbcr und Danish gained
wAnlt. The maikct was largely nam nam
Inel, conditions being extremely un-
"Qtwtatlens, olmeat enHrely of Tendon
origin, were: SterllnE cables 4.45.
Slninn'rl I. l.TK. down A i franc cab e
0.2S, cheeks '';',
i,.w i. -..--- - ..-
checks 4.20 Vj; NM
piwiu
Dllllinh
Norway
Swedish
milder
.i....i,. nnmi! mnrki. .01 Vu
m.. ,il.rMinr nn New Yerk funds
Montreal today was unchanged at 1-18
per cent. The premium en Canadian
..nH In New Yerk today was 1-18
per cent.
In the Central European exchanges
today f J reek, en nominal (imitations,
hhewwl n In (f 1 points, rinnlHli
were down 10 and l'elish down II te n
n,,w iniv riKerd. CVeclio-Sluvaklen was
a strong exception, showing a gain
of 7 points. Quotations were1:
ratan. .iui xauinaiaiain. .eai ear
rawrarti. l.ss t
2a -z tmu- an :
aHI
0001; Finnish, 2.00; Austrian,
0013& j Hungarian, .0004 1-10.
MONDAY'S CX.OHINO QUOTATIONS
Bterltna Kranea
im in
OPENING QTJOTATIC
etW?F!
mrm
&
.0S
Ilelzlan cable
lire cables 1,21,
i necKi
checks
idiecks
checks
cheeks
is.:
15.11;
20.11;
18.45:
80.7.1;
cables
tables
cables
cables
cable
cables
I .'-,
I." i:s,
20.10,
1,-0,
2U Ml,
30.05,
in
GAIN IN COTTON GINNINGS
te November 1, 1,189,839,
Against 0,640,384
Washington, Nev. 8. Cotten ginned
prier te November 1 amounted te 8,
KS9.839 running balsa, counting 148,.
2 1 030 round balsa a naif balta. and ln-
CluaiSg IB,6V0 Dales OI Ja.a;ricau-
Krrprtan and 8077 bales of 9)M Island,
the Census Bureau announced.
Te Nerember 1 last year, flnnlngs
were 6.840.364 running bales, counting
1 110,081 round bales as half bales and
including 11,1)12 bales ei American
Kgynltan and 1810 bales of Sen Island.
GlnnlnRs te November 1 by .States
follew: Alabama, 700,029; Arlcena,
10,040: Arknnsns, 820,031; California,
8,H40i Merlda, 2440 : Georgia. 031,
854; Louisiana, 818.602; Mississippi,
830.881 ; Missouri, 0270.
North Carolina, 577,003; Oklahoma,
540,621; fleuth Carolina. 418,481;
Tennessee, 2R0J4B; Texas. 8,866,000;
Virginia, 18,003. All ether BUtes,
7168.
Prices Irregular en Paris Bourse
Parle, Net. B. PtIcmi mined Irnsularly
en the Deuraa today. Threa tr rnt rnntea
BSfr Be: asrhanpa en Londen 7 'fr d"c, t
per cant lean, 74fr te Ihe di'lar v-a
Quete 1 at lOfr re.
Londen Metal Market
Txinden, Nev, fl Rtanlard cep-,)er, aret
frt.t f. futun-n ftll rl,,ire IttK nit ,0
I0 futuim (7t. Un, ujii ili future.
I1H1 l'a fa I. eilll kttit l-ti 7 tt 1 r,i,i,.u
1 i'i', 7 lid. Zinc, root, 13b luturei', SH
BALLOON RECORD
A
I tra
in today n lih
of an adveni-e
Liverpool Cotten
LrnnxxX- Nev. 8. Tlitra was only
Had demand for ln cotton today
M.l.a at.arfv i.r. th Kaela af an af
r' .X .- .I T.,i. .. rAA n ..
or lu wjiiu ler nii'ieiine M '., mi
aalei were 10,000 bales. The receipt wire
26.000 balea, Including 14.100 balas Amer
can. Futures wars quiet la the early deal.
Weather Department Wind Telltale
Rises 22,890 Metora
A record height for the Washington
district was reached recently by the
balloon sent up by the Weather linreau
In connection with Its observation! of
upper air conditions, fa bulletin
of the I'nlted Htstes Dcpnrtinciit of
Agriculture. The balloon whm teen te
burst at 22.51)0 meters, a hi lulit of
a'?'!,,Lthirt''," "lile,Ji nftir bcln-' vvaieli.
d 12.1 minutes.
At 8 A. M., nnd at 2 I M. daily,
fiuiinrii lurre m no rain, tni ntiYiiogi ntiYiiegi
1 service of the Weather Ilur.ui re
' from the reef of the Weather
Bureau building a balloon filled with
hydrogen gas. The object Is te pet the
direction and velocity of wind movo mevo move
aienta at various elevatleiiM as far nn
the balloon can be observed. Tlaw bal
loons are about two und a hull iWt in
diameter when inflated ninl nre miide of
the finest quality uncolored rubber.
The watching b done through u thode-
hit, uiiu w,e ume is Kept by a clock
ivhlch sounds an alarm every minute.
Ihe distance the balloon travels Is
calculated from known computations of
hew hllh n hallnnn nf r,..n ........i ..
will rise" In b mjnute. """'
Tbe information obtained is useful
te these intrNtal tn lltlm. j .i
recorded en charts showing conditions
i varum ciuvaueDH rer each of the
fifteen stations of the Weather Hureuii
scattered ever the United states which
make these particular observations it is
an aid In the dally task of weather fore
casting. An unusual point in cennec-
4lnn with ettla mmiiI Vtalakf m.I..i
..wm n... .m. .ww... m,bh ivnvucq gi
August 17 was tks fact that, although
MEN FIRST CARRIED j
USEFUL HANDBAGS!
Greek and Reman Ladles Affected
Small Caskets, Berne by Slaves
There are very few articles of femi
nine finery which were net first worn
bv the Htcrner sex, savs the Detroit
Tie h. Knrllest nxampleH of the inn
I ill handbnt; vvcie caiued by the Reds,,
nii'-ts. Klnits eud n rimes et Hublen.
! eceriling te the scriptures thev must
have been very ptettlly cmbieldered,
tee.
(Jrcetl and Reman ladies affected
smull cuskets or ceflfeis, like a modem
IiuIj'h sewing box, which were borne
Brncefiilly under the bended arm of
the owner.
Very often tbey were carried by .1
Move, walking respectfully in the rear,
and, wheie their owners were patrl
clans, usually included a stilus nnd
uiixiii wntln;,' tablet among their con
tents. This was n period of crent tommeice
with the Asiatic races, who found 11
rendv market in this luxurious court
for the rich brocades of I'erfin and
India and the embroidered silks of
China, which were utilized In K-hcirics
of dress morn costly and extravagant
than the world has seen before or ulnce
August 17 was ths fact that, although
the general drift of .winds In the Wash
talfrsa .fetrirt M snm west h ii.
High Interest
Utmost Safety
4
Interest
Allowed
en
Savings
Deposits
Chief among the reasons
why our Savings Fund
Department is se popular
is the unusually high rate of
interest we pay.
Moreover, you are sure that
your savings are SAFE,
with the supervision of the
United States Government
back of them.
Liberty Bends Accepted at
Par for Savings Deposits
Call or Write for Interesting
Booklet en Saving
National Benk with a Savigs Department
National
Bank of Commerce
713 Chestnut St
MejhAii T. relwvll. Preeldma
Bulletin Net 10
The Commonwealth Light
& Power Company
Controlling Properties Valued at $8,014,690
Gress Earnings a ts ending dc 31.1M1) $6,442,884.17
Net Earning " " " M " " 1,933,455.11
Average Grew $1,263376.83) Average Net $386,691.01
Average Msint. and Dep. (5 years) 16.56 'of Gress
Fer 12 Months Ended June 30, 1922
Geese Earnings . . $1,639,994.06
Net Earnings ... 549,879 J 6
Effidiwient (0 3U times Bend Interest
C)MMONWEALTH SUBSIDIARIES are seasoned and succee
ful, serve 81 prosperous communities In 6 states with electric
light and power, gas, water or Ice, and are far from saturation.
6 1st MrgcvBends (1947) fe Yield Over 7
Ctraiier en ftefwen
FAIRMAN & COMPANY
ESTABLISHED 1902
Drexel Building, Philadelphia, Pa.
fca1 . ! .-. - i. 11 ii .ai II
RvZIER
INCORPORATED
INVESTMENT BANKERS
ANNOUNCI
REMOVAL OP THEIR OFFICES
TO
1433 WALNUT 8TREBT, PHILADELPHIA
AND
100 BROADWAY, NEW YORK
RECTOR
S9t8
TELEPHONES
PRUCB
wt
g35PH I 3
LOUIS T. KLAUDER
CONSULTING ENGINEER
PENNSYLVANIA BUILOINO, PHILADELPHIA
. POWER PLANTS
APPRAISAL
RUI'ORT
I OBSICN
j CONSTRUCTION
1 'n: : -r
$60,000,000 la Moved Safely
Diltnge, Nev. 8. Twe hundriil end
fifty tiins of money, about $riD,0(iO,0(iO,
vein moved through the hticetH of riil riil
caRe'H congested downtown dlatiiu
during the Inst few (Iiijh, it was learned
jeiiterday with the iiniinuncemcnt of ilii
Chicago Vederal Heuerve llanlt that It
has ceuipleted moving all vnluableM from
the rvlrl nnma tn IIia m.u, av ftruk atu.
tulldlng at La Halle ad Adaia' stNeU,
1 . v I I , '
THE SALESMAN WE WANT
Ih pielirtlily nellltiK Heme etlir line micccusfiilly nt tlie nrxnent time
IJn nheuld be betwetn 30 und 10 vi.ua of lire, must be 11 mail of cbar cbar
adei, reReuicfful and 11 lianl worker; bIieiiUI li.ue koeU iiri,enalltv and
nrifculile iiitinimr.' audi uu would un ible I1I111 te in.ilte frlcmU eulclily.
Aciiualntonie with wholesale Heur tniue of Uaaturn l'emisvlvanla
dealiable, but net ncctBbUry. u,ii...
If you perfCHH these ualtncatlen und would be Interested In
securing chn; go of distribution of high urudi flour for nmtein ivrin
jylvaula, Delaware, lialtlmore and Wnablniften. l O, please address
the untUrslgntcl, giving full Information te ittrnlnn yourself, your busi
ness hUtery and refcicnces In first later. '
LAWRENCEBURG ROLLING MllAS COMPANY
60S Chamber of Cemmerte, Ilnaten, Aluae
Unlisted Henda
Fabian F. Levy
Drexel Bulldlnu
KtjrileM Main MTJ
C. S. PATTON & CO.
u ciiKHrsuT sr.
BANKERS
JaHaatgL-ll
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'Alhjn ?ft Sl'krl
IWn!Ti4
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