EiIi2iiSiSiz21
iflr -
BLSHliiliiB
We Specialize in
Public Utility
STOCKS
American fiat & Elee.
CwnVlth Pr. Ry. & Lt.
LMigh rower See.
Per Hand Ry. Lt. & Pr.
Tennessee Elec. Pr.
Southern Utilities
Republic Ry. & Lt.
Kentucky Securities
Securities Cerp. General
Ner. Ontario Lt. & Pr.
1'nbllf Utility HoekUt
ft'citt en litquitt
Gilbert Eliott & Ce.
Members New Yerk Stock Echng
2S Exchange Place, New Yerk
Be
IPX,
KjCJ"
BOSTON & MAINE
RAILROAD
MORTGAGE 6 BONDS
JANUARY 1, 1933
INTERSTATE COMMERCE
COMMISSION VALUES
PROPERTY T J273.000.COO
fl
'3
Above bends sveured by First
Mortgage en entire properly
(ltj.'tl miles) mibject te only
SS..lUflCO bend,' ei- ):! mile-.
PRICE, 93j AND INTEREST
REILLY, CROCK & CO.
306 CHESTNUT STREET
PHILADELPHIA
i
Standard Safe
Investments
On their record and
their safeguards, Straus
First Mortgage Bends
are justly entitled te be
rated as standard safe
investments. They are
sound and worry.preof.
Call or write for litera
ture describing these
well-securcd bends. Ask
for
BOOKLET 731M.
5. W STRAUS &, CO.
IMUltlOltATLU . kSrAUII-HKIl I1M
1617 Walnut St., Philadelphia
Telephone Spruce 6387
40 years without less
te any investor
I1 -LI
l'"ljtl5iwg"r iJ"U"- ''''',"
I ZfliP'!irn'1 .MV'!rl" 1"3"
i.LrtnMBra'J I
Augusta Union Station
1st 4s, 1953
McNab & Harlin
1st 7s, 1942
N. Y Chic. & St. Leuis
2d 6s, 1931
P. P. Ristine & Ce.
Widcntr Building, Philadelphia
Kw Yerk rtl h. th. N. J.
Vt'nlcrs .NVie Yerk mid Philadelphia
Steele Lxrliunyta
Proven
Public Utility
Bends
Baker, Yeung & Company
JOBSPK W. BWAIN. Jr., MtnRftr
Land Title Building
Bosten
BONDS
i Cadbury, Ellis & Haines
Franklin Bank Bldg.
PMiteJtlpkui Stixk Eickttif
i'A is
-JltTA.!
Orders Executed
i'ljM
F'MIt
m
IKS.'
far. cash or en a conservative mar
Gwl bsls. In all securities listed
M the New Yerk 8teck Exchange.
Lart or kmall lets. '
i McGLINN & CO.
Vete Yerk Stock Exchange
aUf', PhilaeklthU'
SPECIALTIES MAKE
NEW HIGH GROUND
Renewed Peel Activities Served
te Keep Short Interest
en the Run
New Yerk, Nev !. Today's stock
tnnrltpt was; altogether an Imlclliilte
IH'opesitioti. I'rufesoleiiiillxm m eon een
(itilpititil.v trmli'-tiiiirkisl tile ili'iilltiK ,w
te be illlliciilt te overlook. SiipiTllriiilli
the iietiil (etitliuieil tipunnl, Imt this
was larpely the oiitceine of the "in'i'ml
Mils: of 'the epei-nl Iihik. Thiil is te say.
whilii the nri'i'titi'il Maiiihml leaders
wavered, peel Wines and ether eleeted
storks weii' carried Inte new high
gteilt.d.
The elm racier of market Indicate 1
vrrj clearly auiiiu that little or no nt nt
fcntlen wiii In' Inc paid te outride events.
The trend of the general news, hew.
ever, during the da was en the whole
mere fiMernhle. This includeil the unt
il ok for a splendid holiday trade, mere
favorable fniclgn ii"W- and revUed re
j ports of another generous hutch of stock
I dividends. In fuel, iii'ceidiug te the
I deductions nf Hi" Street M'-trriliiy'
election icsults will ere te ImMi'ii a
general adoption of the pelicj of di
r,J tiibiltlng ai'cutiiiilateil wi-ilu l till
the coriieral urns in position te le e.
hiterc the next Cetigriss e:in b" brought
lliln .irLI iiiiiiu.
I'tideiibledly the greatei luepellmg
force behind the liiinket v.ns e be lill '
, found in the sn-mllcd t'clinbul cendi-
' tlens. The fact of the least rcstMnnie
still being eiiceiiiiterid en the up-tiicl; '
Wfls alone Mitlii'it'tit te inllui'liri' ail i' i'
pailsien of the recent ceeilng mini'
' ini'tit mid at the sjiine time afford fie-h
1 "liceltrilgenieut te the peels lilnl otle'i'
specuhiilM' slhpies te marl; up their fu- .
i verili's.
There were a few weals spots, but
.these were ciiMl.i overcome by the peel
'activities. The nbllltj of these specula-
i tive Interests in push up iiiotiitieiis at ,
I will was siriKingl.v demonstrated In the
j number of new high t-ei-niiK for the je.n
I registered in Usiinllj inactive storks,
(Among these were Mnj cpattmctit
I Stores, Vnn Haalle Sills, National lji- '
, cuil. Uoiniii'jlen Tjimwriter lirst pre-
j erred, l'nderwoed Typewriter prcferreil ,
and American Smelters Securities "A."
' Among the huge gains scored were
American SnulT. up 1 points; National
liiscelt, ii(i !l ; .Mav l)i'iartinetit t'His,
up .", and Sears-IJei'bucIs,' iiji -l').
In the meantime tin- movement efj
, rlu u ami active leaders ins confusing
te nil oMi'eme degree. 'I'e" Instiini'e ,
I'llitt'd States Steel's big spln:K.. in
the late trailing yes'erday appeaieil in,
lliive bteiiglit III ,'l veritable Ibieil of
leallzmg s.ilcs bringing a reaction "f
ever a point but when this pressure'
relaxed the stock immediately started J
te higher ground. .
i Tiadtng was interrupted te a con-l
1 si.ierabli' eteiil during the lirst Imur
bv the anneiiiicement of furtfier sieju
te disel(dim lllelllliers iliellliling the e-(
pulsien f two members and the stis- i
pension of another member, whose pun- i
1 lslunent was followed by the etlielnl j
statement fiem the rostrum "there is!
i no indications of any wieng doing erj
.iii.v ini(reper dealings en 'he part of
, the tit-m. wiiese standards are high and'
whose r('itatlen is above reproach."
Commodity Markets
GRAIN MARKET
I ('liica;e, Nev. !. The wheat mar- '
I ket opened weal; at ', te K- deeli'.e '
j under ae'ive selling en weak Liver- j
I peel i ables slinwlng les.ses at le te 1 :t j ' I
i in that market and i.iler ca)i niarkels I
in the Northeast. There was little ,
i vnk'tiee of expert demand, and while
! I (."')'! lii.inv lemliiig c'lliuiilssieii lieiises
rtete advising purelinsi's en lireal.s, the
, deiu.ind vva- slew . ;
j Cern ilidit.fi ''., i" lc, ar the start i
,1111 Wednesilaj's tlevernment r''pert
I figures, winch were about lii(),tiiii),0(ll)
bushels larger than e.pct ted. and m ,
wink cables uiit rallied siightlv en i
! covering. I
Hilts lieelineil ',' te 'i'' fop the near '
nnintlis. but duly was ' higher and en '
the whole the undertone was steady.
I'lovi-leiis were itilfi and steady witiij
nui 1 iirlt'"' changes.
n. - I'rrv i'lui ripn
1 I' M I
list, i? lis',
IJ!l4 f till
i u Ti t :'.
l.U'j 1 1 l'k
1 y.l's 'n 1 n:.4
4JI. ' 4. .
slj
H'iJ
iu.-:!'i
1 ll.
1 11
1 1..-.
I.', I
COTTON MARKET
New Yerk, Nev. '.. The. cotton mar
ket was a trifle easier at the stait
today nni! te 17 points lower en lirst
prices. It was due te commission house
fi selling en the less faver.ible Near litis
'news and early offerings from the Seuth
and Liverpool.
Th" chief buvers were New Orleans,
WV11 street and spot houses. Tills
I 16600
siiimert I'veniuiilli rallied the market
back te last night's i losing levels.
y. i .e.i up, a t p m i
Dei,Tr.lT Ji.lifljg ill IM 'Jll III i
Jiinu.iis- . g.i su?i -, i,-, mi it. J7
M.irch -.". 73'fiTs i". ill ill in I
.May -" 4s'.i:,li i", It j;, ,; I
Ju.v 'J5 11 u Hi VS.ui
NEW YORK COFFEE MARKET
New Ytirlt. Nev, Si. The coffee fu
tures market this morning opened
with trailing ipiiet and prices showing
ii'ivauces of J te .". points. Three
steamers have tin hed here with S,",'.i(iO
bugs trum Santes and 500 bags from
Hie
The members of the exchange will
vote just before the opening en Friday
en a piopesitiun te close the exchange
en Saturdas.
Orn
fi 7D'l7S
II .-.stl.'.U
n.i;!i in
n ii- .i Hi
s. 7'Jll in
r)rnnlr
Ma i cli
.May . .
July
spteml.er
. '' 74117.-.
!l .il '
:iinti.17
li ft7.n 10
S 77 ft S'i
DIVIDENDS DECLARED
Seuthwe?li?rn i'tiu- m I I. tfht ('.i.rur.v
quurtHiiy if 1 pr fin en iir.'ferri.i puv.
nine December I tj Htui.I uf r lord .'u..i..
lr IS
ib'nrul I'lenr Cwnii.ini, .lunrtnr':- uf
Zl 7S nn Lrt-i'tTril ri.iv.ibl.. Ij,rimi,.r i t..
Philadelphia
tnrk of ru.er't NevfinbHr i4
I'lttatiurKh lleMtiir itid l..ik Kn P.r.ll P.r.ll
re.nl I'cmii.in siml-annuiil a i"r p."u un
prfrreil imj.iWh Dweinber 1 lu moil; of
reter'l Nevi-iiilHr ITi.
Hutu Munufiicturlec Company .in rtra
illv.Juinl "iJtlll a hnri. immiI.Iu Dc;;rr.br
I te muck'ut r"eird Nevmlir H
Ilemi-sniHi Mlntne 'innpaii, menthlv
r.Ou. puubli Novvuiber "u tu slut ti of rvceiit
Nevijinbr UO.
CuiiselldiUfil C'lrtitr Corberii'ion euartnrly
IS per tent mi prefnrrwl p.iy.u.l. Dettin.
ber 1 tj stork nf rucerd NevimbT 'dt).
I.a-unun ivikihh i-tniipanv I'xtrn r.e en
cnminim. pajable Deimiber .10, mil ipj.ir-
, mrly II 2.'i en loinmen. ami of l, pr ."lit
en pri-fcrrxl, phv utile Jiinunry L', ail te siec-K
, of rneril Nev ember !!l
' Otln Wie-nltilir It Ureii , Inc . iuarprly
1. per rrt "fi pnferreil, pa.iblu January
1 ie hleek et reerd lJr'mlif'r 'JO
I .Inhn T. Cuntmr Ciinipaiiy Husten iunr-
i trlv fil nnt en remiriun. pujal.lu .liuiuary J
te Hieel; of reeeril JHxunbcr in ThU il.iu.
' bles ttw annual rate. Th einl-nnnual pre
ferred of 3'4 Pr rent vvai ,Ue iitu.nrej, jiuy.
able mi the Hinne ilule.
Colerfiiln and Heuilicrn. a pt-r cnt en rum rum
meri Hint si-ml unnunl of a per lent en tire
pr.ifern-il mill ivnnu.il of 1 per rnt en s'oeinl
prfcerrrd, pnyublu Diccnibcr 3 tu ttetk of
lifted Deteinlier HI
2 II Knalillnz A. Urn., ntmrii.rti' nf 1 i
per rent en III if t nreferrrj nni 'J per cent
in MC'jnil prefurred, Uith inybl December
1 te stock of ru-erd Neember IS,
buuthern Pacific, iiuurierly of I v per
rent, pnyublu January li tu stock of record
ftlnvumher ttll.
union 4-ac.nv naureau.
aiurtsrly of Sti
IMr.eMt oBxemmon. pari
January 3 is
HW9 W "vwuiiri
I " ' i sjssssjsa i mmmm areeejsTaTaTaTsi s "" I
II NEW YORK STOCK EXCHANGE TRANSACTIONS I FIRMFR MARKFT IN III
NEW YORK STOCK EXCHANGE TRANSACTIONS
1 1 - ' " - mbbb mm i
Only AfUrnoen Rtpert In
niv.
Ill . STOCK High
3 Advance Rumely if 49
.. AJax ntlhber 14J.J
. . AlnBka Juneau O M 1
4 Allied Chem & Dye.. 79U
' Allietl Ch & Dye pf114
.. Am ARrle Chem.. 32 !
. . Am Agrle Chem pf. 64
i Am Bank Nete.... 77
5 Am DatilS Nete pf, D4
Am JJ Sh Fdy new. 75 li
.. Am Can 7GU
7 Am Can pf Ill Vt
12 Am Car & Fdy 188
Am Chicle 7
.. Am Cotten Oil... 23
Am Fruit Syn D
S Am KxtirfRs 1 49 ?
line
J'. M.
Net
Clui'.
Slips
100
700
J 303
900
100
400
300
100
tee
100
13300
300
700
tee
803
200
tee
Lew
49
13Ts
1ti
77 H
114
32
62yi
77
54
75vi
74
IIHs
186?4
7
22'i
b
149 ;
70
1101
31 V,
11 H
Men
48
117
7H
22 Is
EB ?i
101 M
4414
70
CO
1?4
157!s
1EG1,
29 U
51 '3
18M
53! 1
61
66?,
118
1C4
92'i
117'i
?4
19',
49
14!i-r Vt
1 H -1- H
77H- 1
114 -f- Vi
32yii- 1
U4 -f 1
77
54 - 1
75 't ...
7614 1H
1 1 1 ?s Vt
188 J
7 23
6 -
149 fi
70 -
1 1 1 V !
32 Vi r
11H
1294 r
48 ?4 -
117 -!
7
23st
58?-
101 H !
4414-
76
60 -
124i t-
157Ts-
156H-!
2914 r
5HJ-
98 H r
53Ts-
Vt
' ' V
1 Vi
?4
"?4
H
"iu
Vt
1
Vt
'2
li
H
i
!s
i
300
300 . Aiu Illde & Leath pf 70 !
033 ", Am Ice 112
I
1300
.. Am intermit Cerp. 32 li
1 Am La France Uii8 1 1
0 Am I.ocemoUvis....129?i
3 Am Metal 48 U
Am nadlater 117
U Am Safety llazur. 7H
.. Am Ship & Cem.. 23' i
.. Am Smelt E9
f Am Smelt Sec A.. 101 H
3 Am Steel Foundries 44 'i
Am SURnr Hef 76
. Am Sumutra 'fob pf GO
! Am Tel & Tel 124'i
1 - Am Tobacco 1 57 '
12 Am Tobacco II....15G?j
.. Am Waterworks... 30
.; Am Wnlrwks 6 pf 51 i
" Am Woolen 9 1,4
Am Zinc I.d & tf pf 53 Ts
. Anaconda Copper.. 52!'
4 AB30 Dry floods... 67 H
0 Aura Oil 119
6 Atch Tep & San FV1C4M
Atch Tep & S F pf 92 'i
. . Atlan tllr ft Atlanta 2',ii
7 Atlnnt'i; Coast LIne1173i
.. Atlantic Fruit 2's
.. Atl Uulf & V I S S ?5'4
. . At C! & W ( s S pf 20
2' Atl Iteflnlng: ... .1400
12 Atlas powder .. ..1CG'
i Atlas Powder (if. . 93 !
.. Austin Nichols ... 32' i
7 Baldwin I.oeemo:ivo124'4
. . Baltimore & Ohie . 51 U
tee
2500
GOO
100
430
3600
300
200
10J0
100
100
500
200
400
300
100
700
200
4300
1200
203
1433
tee
200
400
tee
1203
GOO
20
100
300
' 500
7030
1300
100
100
1600
100
51
1
66 J,
119 :
ie4!,-:
92!-
2''s
I17H !
2i.
20 ?4 !
1400
1400
150?,. 156?,
!
931;
ajf,
32
I34U !
si ',4 :
62
93
33 -
57 Ts !
41 H b
71 '-4
97 !i -f
112! ,
71 !i -30
1 -
122(s-17U-
124 !
C2'iv
98JJ -f
132 i
43 8 'i
32 i -1
9 li -
9 -84
1.. :
4!i-;
8Vi
146 -
34 -38!4-77
-
230 !
39?iv 62?, i-
75 U t
IO414
2H -
414 -
4Ta
12a-
28 U '
UK '
92 ;
122'i-
82liv
40'4 -
18 3.4 -264
-64
-
80 -l-29Ji-46
-
112
3!i .
69 ',
15
-9U-:
1 39 i -!
12 -'r
97 34 -
1 30 li -
49 -79U
-94
Vi
22 -97
Ji ;
-'r
33 -I-
21 Ji-r
131
135Vi-!-
42 ?t -164
-
66?,
56 i
19 -96
58 -r
151 ',i
12ai-r
22 'i -r
76 yi -49
-.0
81 -V.
110 ;
104 -181
2 I
11 141,-84'--,
97 14 i
41 97 (J -12
'r
34?. ;
83Vi-i-91
, j
35! 4
45 Jj -90?',
-
20 -75
-s-
82 -2'
J4 -i-21?,
i
4!i-
1 1 1 14 4
20
19J4
37
!i
1 li -i-33
25 V5-
107 ;
1254 r
53Ja
15 -C7.J4
76
15 S
43
Vt
20 -
se?,.;.
21 i,
55Ji-
2H
45Ji-
a2
132M
51 '4
62
93
32
57.
41
71
97U
112'i
71 'i
20 U
122a
16U
1 .-4
62
98 li
132
43
8'..
32 J4
19'i
9
E4J,
3
-J
146
24
38 '4
77
230
39'4
62
75
1C4
2.
4',
4 'a
12h
28',
44 J i
90
122'j
82
40i',
1834
26 4
64
79 1 j
29 4
46
lC9'i
3 ''..
69
I lr
18
138H
UN
97
130'i
48 J,
70 Ji
94 Vi
22
97 'i
12'b
37
32 Vi
21 ',4
131
135'i
42 2
162
6(4
56
69
12se
19
Se
:e
151
76
48S
10
at
110
104
180
11
14
C4'i
97 '4
41
97
12
6,
34
03. 'i
91
35
45 !4
89i4
20
75
0,
21 Vi
21 e4
4'i
11ia4
19?4
19S
36
'i
1 '
33
2'5'i
1 06 ' i
12
5314
14J,
57 J4
76
15i
43
20!i
50 Ts
21V,
55 Vi
2H
45 Ji
uaitl & Ohie pf. .
7 ItatiK & Arees pf . . .
. . Barnsdall Cla-s A
Ha.vult Bres
93
33 U
57 'i
41 a;
71 U
100 4se Beechnut PncklnK.
600 :, Bethlehem Stetl ..
703 . . Beth Steel nf new.
97 5 j
100 S Beth Sfnl e. nf..nsi;
1 0030 5 Heth Steel B 72s
500 Brit Km Steel I'd pf 30 '
70J 8 Brooklyn Kdlsen ..122'i
330 .. Bkln Rapid Transit 174
300 S Bklyn Union Clas... 124
-0J .. Brown Shee 62 ri
203 T Hrewti Shee pf 9834
800 je Burns Bres A... .13234
3700 2 Burns Bres B... . 48 H
3200 .. Butte Cep & Zinc. 8'
800 . Butte & Sup Cep . 33
100 .. Butterlck Ce .. . . 19' i
700 .. Cadde Ten O & It . 95j
3J0 i-a ifernU PaeUIng HA'i
1500 .. California Petrel .. t5a
1G3J . Cal Zinc and Lead. i)H
HO le Canadian I'aclflc ..146U
100 .. Cate .1 I Threshing 34
700 .. central Leather ... 39 '.4
103 . Cen Leather pr 77
200 8 Central of X J 230
1700 .. Cere-de-Pasco. . . 39'i
1700 Chandler Meters .. 62'j
703 t Chesapeake & Ohie 75 li
700 C'i- Chesapeake & Oh p104ii
00
. rwenge & Alten.. H
Chicago & Alten pf 4',i
. . Chicago .& Or West 5
. . Chi fc C5r West pf . . 12?,
. . Chi Mil & St P :9',i
. . riil M ft St P pf. .. 45 ya
C Chi & Northwestern 90
7 Chi .v; Northwest pf122!i
4 Chicago I'neu Teel. . 83
. . Chi lt I & Pac... . 0Ji
. . Chll Copper T9I4
. Chlnn Copper ... J.64
.. Cluett-ivubedy . .. 64
4 Coc.i-Cela 80 li
. Cel Fuel & Iren ... 30 ! j
: Cel iSt Southern.. . 46
6 Ce'.ui i (ins A; Klec.1l..
.. Celum 'Jrapha phene 3i
i Cemput Tali Bee .. C9',t
I'enley Tin Feil Cerp. 15
.. i.-onsei Cigar ... 40
8 CnnFO Mated Cas ..140'j
.. Consel Textiles ... 12('s
. . Continental Can .. &74
4 Cern Products Ilef.13tU
4 Cesilen & Ce 50 1 ,
Crucible Steel ... 80 4
T Crucible Steel pf... 94'j
. . Cuban Am Sugar. 22 'a
T Cuban Am Sugar pf. 97 '-a
.. Cuba fane Sugar. 12'i
. . Cuba Cane Sugar p 37
.. Pavlsen Chemical 33
. . Debeers C Min Ltd 21 H
9 Ivlaware & IIui!sen131
6 IX'i Lack & West.. 137
2 Deme Mines 43?,
8 Em Pent (L I ) Ce164,
D Kastman Kodak .. 88 U
3 Klec Storage Hat . 56 (j
G Kndlcott-Jehnson . 00 i
. Erie 12?
. Krle 1st pf 19'i
8 Famous Players L. 96 H
D Fed Min & Smelt pf 58
500
400
100
330
COO
233
100
13)0
7;e
119)3
23)
100
10)3
603
300
9')
203
701
200
12J0
730 i
48)0
1100
4203
16203
59)3
100
133)
100
1uJ
333
830
703
100
330
2033
1703
4203
20:0
2703
29)0
1203
1030
103
1030
0)3
830
23)0
36200
3500
200
100
200
4)3
533
10 Fisher Bedy 151 'j
Flsl: Rubber 1 2 K
.. Freepnrt Texas ... 22 a4
3 fJen Am Tank 77 34
. . General Asphalt ... 52
5 Oeneral Asphalt pf 04
6- Oeneral Cigar 81
7 General Cigar pf...110
7 Gin Cigar deb pf,..104
8 Gen Jilectric 181 'j
. . Genl Klec special pf 1 1
. . General Meters ... 141J
C General Meters pf . . 84',.;
1UU
200
300
300
103
200
403
200
1600
1100
100
1100
100
100
1100
2700
500
830
100
200
40
700
1100
7 Gen Meters deb 7 97 &
Glmbel Bres 41 H
7 Glmbel Bres pf 17'8
, Glldden Ce 12
, Ge'.dwyn Pictures -64
. Goedrich H F 34?,
7 Goedrich H F pf . . 83.j
7 Great Northern pf . 91 fi
4 art North Ore ctfs 35.
. Gulf Moblle & N pf 45 'j
. Gulf States Steel.. 90 "8
. Hendee MfB -20
3 Ilemestake Mining. 75
. Housten Oil 82
2 Hudsen Moter Car. 21
1 Hupp Moter Car... 21 "8
. Hydraulic .-steel .. 4',
7 llllne's Central ... 111 '4
. Indluhema Kef .... 20
De Odd Lets 19H
. Inspiration Cen Cep 37'i
, Intjr Cen Cerp.... it,
. Inter con Cerp pf . . I ',',
luu
?00 2K Internat Cement .. 33
100 - Intercom LnK 2(i
500 0 Int Harvester new 107
100 .. Inter Mr Marine. . !2j
5300 C Inter Mer Marine pf E4J4
2100 .. Inter Nickel 151,
100 .. International Paper 574
100 0 Inter Paper pf ttpd 76
1100 .. Invincible Oil Cerp. 15!i
100 Iren Products .... 43
700 . . Island OH !J
100 .. Jewel Tea 20
100 4 Jenes Bres Tea... 50'a
100 .. Kan city Southern. 21 !'
IE200 4 Kan City ?e pf.... 55 JJ
100 .. Kansas & Gulf 24
C00 .. Kuser & Ce new.. 46
LIVESTOCK QUOTATIONS
1.1...L-11 Nnv li IIOU.S lUicli.ts, .13
rurce; fully h.mi1.v: few head ft '' '
iiverus-lnB J4.1 puundM.
hnil ilvncrully Hti-udv IWht mh .tlmut 1
',,! lew.-r. t(.t 1 Til te -iJ'J I'eunu nver.iKf,
IS 4(ifis l". '.'11 'u -"'" I'uvni'l liut'hurj,
most IV Ks.r.S'vlS.llO; few lu-avl;n. s 1,3, top,
SSII.1. bulk nucklnif uuve. IT.40'uS Oeslr
nlile iiIbs. IS.f.O; uveritii vet uf t.mkir nnd
hlPiwr dmviM nf i.eiiH hum we'trwalay,
is IV. nelsht :".'! peunilK
ritt.lninrli, Nev. U. IIOOH Un. Ipts,
IO0U lieau. Sleaily Heavy. H 00j tieiivy
jerker. Iliiht yurker nml pl". tt-tfU.lU.
HHKEI AND I.AMIIH Receipts. 300 head,
StuuJy. Hhe-p. is, lambs, IU .0.
(Ul.vns Jttcelpts, 100 bead. Steady,
Tep, II'.'. SO.
. Kurt ll1HT1.li), N. V Nev. 0. UATTLn
XltSCI' lllS. .17.. Iifll.1 SlIaHlH f'lll.OsI. ru.
jl ll.l. Jl"ll""i ...,-.v ..-.. , .(,.;
native, BnerIIy Hti a.ty tu stieinr en nil
ius-i".: pgtn hlKlivr "ii dfilnil.la hert f(.l
i enrii sad kllllns tiefHr. I.ulk .Imrt fed
Ktri of iiuallty unJ (01.1lit.en lu je-11 ut 111
ilfU.-'i nrt limil airly IIH. tii iiiuturfil
Ijlrdh. Weill, sru.wrs In mnduriiti nuiiplyi
f"w mrlw sales, til U ill 7 fender liusr
mvlnir I7.1.'li. I'Ulk iVBirulile lie. ivy linlnvna
Lulls nrnunil II '-'.. -d Unlit klml ;i h.VK4:
bulk veid cilven Mil .'). tn puda-rs, bulk
cannern ureund t3 ..,., ,
HIIItKI' lleeeliiw, 17,000 hi.nl. Opening
actlv"! fat IhiiiIih '-'v richer, enrlv top,
m.s,l unld by city tiutchrs fur fd Western
cell'tH. 4011 head, ati'iely. tSlffl'.'.fifl. ,
HOO.s IfiuliitM, i'jei) head. .Sternly te
10c blsh'-r. Ilvavy 1111.I tnlxixl, lti1ili.Hi'!
f.rltf.rN llvli, u.i.bAu ..n.l ..im ilt. rftin.hu. I
v.vM... . uiivittlliuru.
BANK
Uank : cIvailnsH
ana snmu mi in.".- ......, ,.i.iu ... p...w
rcipunuma nay last
1II5J
r:
irS .Or SWl IUI.MB .,.,, I...NI C nVBl
fhtia. ..fOO.UOO.Ott) 12,000,000 I3,
ssrlr slsi bldifi-f around stes.yi 1
W"
wit
tten.. Bl, 01)0,009 54.0(K,00 M,
PhlMitphlm Quoting Full LM
S1 in I stock mii
1130 8 Keyser & Ce new pf103
10700 .. Kelly-SprlnftneM .. 44 U
tfJtJ 'Kelly-SpB T 8 pftOI
1800 ,, Kennccett Copper 35
3400 .. Keystone T & R. . . 64
.122 7 Kresge S a 185
1 000 , . Lackawanna Stent . 82
200 7 Laclede Gas of St L 68
?22 34 hllth Valley .... 68
122 2Ie llubber 20!4
1200 s Vi Lima Locomotive .. 60 J',
'00 .. Lecwb inc 1914
200 l Left candy 13Ji
1.0VV
103
44
101
34
6V4
183
814
88 M
07
28 J
6014
n
55
118
D7
92 Ji
84 Vi
32 Ji
'i
81
54
50
58
4?!i
72 M
28
33 '4
10(4
52 Ji
15Ji
164H
IBJi
220
19'4
18!i
12
32 Vi
16?.,
44
1)H
70 Vi
110Ji
53
22f
15Vi
ti
20
524
245
67 V,
luOJi
tl6Va
15
83'i
49 Ji
98 14
28 Ti
95
45SJ
84
2Vs
9Ji
39 Va
U4
85 'i
14
47i
90 Vi
89
48
4i
93 Vi
33Ji
41 Vi
46 Ji
12
5H
43 (i
43
95
37 Vi
19i
113
102Vi
44 Ji
98 H
130 Vi
441i
28?i
33
14
82
35V4
96 V4
73 J
28 V
52
83 Vi
57 Ti
54 Ji
18J4
27
35 !i
57 Ji
21
4U
6Vi
85Ji
9Js
8
36 J4
95
32 Ti
9Ji
41 Vi
92 Ji
24 Ji
65
91
122H
2L8J
118
79!i
8
57 Vi
54
ueji
117
7 '4
4J4
-iVi
9Vi
20
130
48 Ji
64 Ti
23
33 14
55)i
p2Vi
1074
14Vi
118
17Vs
146T4
77
110
155
14 Ji
29 Ji
81
69 H
67 Vt
88 Ji.
53 Ti
96 Vi
108 Ji
121
65 Ji
17Ji
40 Vi
66
27
14i
10
:9v
12 Vi
1 12
14Ti
16
59 Ji
112
60 Ti
lOV-i
49 Va
5 14
10V4
6
40 Vi
40 Ji
202
68 H
MJ4
183
82
8814
68
26 W
60Ti
19 13 -55
!
110 -5714
92J4-B4V4-32-
81 ;
54 -
2?4
iw .. Loese Wtb.x S3
50
7 Lerlllnrd (Pierre) pfllB
.. Mack Truck 58 J
1 Mack Truck 1st pf. 92 94
7 Mack Truck 2d pf. 84 Vi
. . Mnlllnsen Ce 32 Ji
.. Mnnntl Sugar 44
7 Manntl Sugar pf... 81
7 Manhat Elev Guar. 54
. . Manhat Kiev ctfs... 50
2 Manhat Shirt 58J4
.. Market St nwy.... 11
. . Market St Hvvy pf . . 41
8 Maa Ht Hwy pr pf. . 73 Vi
. . Mar St Hwy ztl pf . . 29
Marland OH 33 7,
. . Marlln Heck well .. 10V,
.. Mnth Alkali 52?,
.. Max Moters'Clftss II 5H
8 May Dept Stores. .. .168U
1 Mclntre Mlnlnic .. 18J
12 Mexican Pet 222 Vi
6 Mex Seaboard 20 Ji
2300
100
100
200
200
100
100
100
2300
6200
1200
2100
1700
2400
100
200
200
' 3809
100
1000
3500
15Ji
167 V4
18Jir
220 -
19V4-
19
isji-
3214-16Ti-l-44
-19Vi
I-7014-
ItOJi-!-
55Vi-!-22H-I-15Vi-11
20
524 t
251 4
6714 !
100J4 4-116V4-15
-r
8514 4
49J4 4
98J4 4
29 -5Ji-4514
4-84Ji4-2'i4-9Ji
39 Vi 4
1 J4 r
4
47Ji 9014 4
89 4
48 V4
4V4
4IV4-47V4-r
12J4 4
59 43 Vi
43 4
95
37 U-
19?i-:-
U3 -
102V4 4-
44J-
S8'i-i-
!30e-
44T4 4-
29!i
33 Ji
14 4-
700
0 Mex Seaboard Oil Ct 19
2500 1.20 Middle States Cerp. 12Vi
7500 .. Mldvale Steel 32Ts
100 .. Me Kan & Tex (wl).. 16T4
100
. Mil K i T (wl) pf. 44
.. Missouri Pacific ... 19'.i
3 Mentana Power .. 70 U
T Mentana Power pf..110J4
.. Me Pacific pf 55 H
.. Montgomery Ward. 22J4
t Moen Moter Car... 15J4
i Mether Lode Mining 11
.. Mulllns Bedy 20
1C Xnsh Moter .. .. 5?4
7 Nat Biscuit 253
.. Nat En & Stamp... P7V4
" Nat En & Stamp pftOOJi
6 National Lead ... 118
.. Ncv Cen Copper.... 15
C X O Tex & Mex... 85 Ji
.. NY Air Brake A.. 49 H
C X V Central 98 Ji
100
100
300
400
7000
700
100
100
15
2400
8500
100
500
200
1400
tee
1700
700
490
500
800
900
600
toeo
430
600
430
10400
5300
11700
1300
900
200
2200
400
1800
400
200
tee
,"i
1?i!
1?s '
U4
New Yerk N II & II Z9J
5 North American ... 95 Ji
3 North Amer pf 4G
6 North Pacific 15
. . Okla Pred & Viet... Zi
.. Otis Steel 9J4
2 Owens Bet Much... 39 Ti
. . Paclfla Devel Cerp. 1 Ji
. . Pac Gas & Elec... C6V4
. . Paclfie Mall 14Ti
3 Pacific Oil 48 Ji
8 Pan Amer Petrel. ... 91 Ji
S Pan Amer II 90 Ji
3 Pennsylvania It U. . 48 Vi
. . Pcnn Seaboard Steel 4Ji
5 Peeples Gas Chicago S3Ji
. . Pere Mnrnuette ... 34 Ji
S Phl'iidclphia Ce .. 41 Ji
2 Phillips Pet 48
... Plerce-Arrew Moter. 12'i
.. Pierce Oil 5H
. . Plerce Oil pf 43Vi
4 Plggly Wlggly Stere 43
7 Pitts Steel pf 95
. . Pitts & W Va 371a
?.
I'
Si I
IVi
!i 1
h!
Vi 1
1 Vi j
il
Hi
H,
H 1
i:
Si 1
200
400
700
100 It; Pend Creel; Ceal... 19
200 r. Pestum Cereal 113V4
200
2100
103
1100
600
900
7 Pressed Steel Car pf102!i
. . Producers & Ref... 44 Ji
6 Pub Ser Cor of N J 98 H
8 Pullman Ce 130?,
1 . Punta Allegre Sugar 45
2 Pure OH 29i
Is I
i !
Vt ,
"a'
200 3.41 Rand
Mines 33T-i
1100
5100
600
100
100
300
, . Ray Cen Copper... 14
4 Reading 83 ii
, . Remington Typew.. 36
. Rem Typew 1st pf. 96 ii
. Rem Typew 2d pf . . 73 Ji
, . Rcplegle Steel 28
. Repub Iren & Steel. 53
. Rep Iren & Steel pf 03 Vi
3 Reynolds Teb B.... 58
82i4
35V4 4-
1 is
Vi
1.
s
!s
2
930
200
300
0 St
55 ;-t8?4-27
'r
35H 4.
57 Ji J-
21 :-
4J4 4
6 J, 4.
-
36 Ji-;-
95 14 -
33J4 4
9J4 41 !i-
93 4.
24J4-
65
91 4.
123
208 i -118
-
!4
Hi
3
'jdOQ 4.13 J'.eynl HUtcn . v.. se4
100 1 St Jeseph Lead 18Ji
309 .. St Leuis San Fran. 27'
330 .. St Leuis Southwest. 35Vi
200 . st L Southwest pf . . 57 Ji
100 . Savage Arms '...., 21
7800 ,. Saxen Moter 4Ti
400 ,. Seaboard Air Line.. 6Ji
3933 .. Sears-Roebuck .... C9Ji
1 00 . . Seneca Copper ... 9 Js
100 .. Shattuck Ariz Cerp 8
4)0l3GU Shell Transport .. 26 Ji
530 6 Shell Union Oil pf . . 95 Vi
31520
330
103
1100
1100
50)
100
2600
5930
333
100
200
1200
200
12400
100
2000
400
1030
700
100
100
9300
1400
1330
3500
1300
993
300
7200
tee
600
1000
100
100
300
500
700
600
100
2400
2800
2800
300
67600
300
400
200
700
900
500
1000
1600
700
tee
300
400
100
100
500
1400
tee
300
800
400
700
100
300
203
100
209
2 Sinclair Consel ... 34 Ji
.. Skelly Oil 9
. . Se Perte Rice Sugar 41 Ji
C Southern Pacific .. C-3!,
. . Southern Rail J4J,
B Southern Rail pf... 65 yA
8 Splcer Mfs pf 91
4 Stand Oller Cnl, ...123T-S
fi Standard Oil of N J21 1 Ji
7 Stand Oil of N J pfllB",
7 Steel Tube pf 79 Vi
3 Sterling Products . 58 14
4 Stewart Warner Spd 57 T
4 Stromberg Carb ... 54
10 S'tudenaker I29?i
7 Studebaker pf 117
.. Sub Beat Cerp. ... 8J4
,. Superior Oil 4?s
. . Sweets Ce of Amer. 2'i
. . Tenti Cep & Chem. . 9Ji
. . Third Ave 20
.. Tidewater Oil 130
3 Texas Ce 48 Ti
4 Texas Gulf Sulphur. 65 Ji
1 Tex & Pac C ft O.. 235i
3 Tiinken Rell Br 33 !
. , Tobacco Products . 56 Ji
7 Tobacco Pred A.... P3
7 Tobacco Pred pf...108Vi
,. Transcontinental Oil 14 Ji
7 Underwood Typw p118
.. Union Oil 17 V
10 Union Pacific ...,147Ji
4 Union Pacific pf . ... 77
7 Union Tank Car pf.110
8 United Fruit 155
., United Rwy Inves., 14J4
.. Unit Rwy Invest pf 30U
.. United Retail Stores 81
iUSCIrd Fdy pf 69J
,. U S Ind Alcohol.... C8yi
"a,
IVi
an '2 -;
57 ?
54 H t
1.9J4 !-
117
B
4? 1
2'i
''
20 r
130 -48
ij -65
U 'r
23 14 ;
33J4-1
5614 1
02?,
10814 !
141-4-
'4
3?
4
Vi'
1
2
2!-i
1 "I
118
" Ir r
147 ;
77 -
110 -
155 -
1414 4
30 14
81 -69
H -67
14
90 54 H 4
96J4!-
HOVi-i
121
66 .1.
17Ji -40
li-
1?i
1
..US Realty & Jinp. . ae
..US Rubber
54 Ji
96 Vi
Hi
"i
J?i
8 U S Rubber lit pf . ,
5 U S Steel
7 U S Steel pf...(
8 Utah Copper ..,,
.. Utah Securities ,
. , Vanadium Cerp
.. Van Raalte Ce...
. . Va-Car Chemical,
.1104
.121 V'4
. 66 14
. 17 Ti
41 U
. 67 Ji
27
.. Vlvaudeu Inc 14Ji
.. Wabash lOU
,. Wabash pf A 29 Vi
1 Weber & Hellbretier 12VJ
7 Western l'.lcc pw,..112Ji
.. Western Maryland. 14?',
.. Western Paclfla ... 16
C Western Pacific pf. 59 Ji
s
1'4
H
Vi
!a
Western Union Tel 112i
4 Westing i: & M.
61 l
10i
49 Ji
5Ji
10Ji
. , Wheeling StU U...,
4 White Moter . . . .
.. White Oil Cerp ...
. , Wlcklre Spenc Sti.
. . Willys Overland . ,
6
. , Willys Overland pf 40 1
.. Wilsen & Ce 41 li
8 Woolworth F W...J02
6 Werth Pump IJ.... 60 Ji
1 Wright Aero 3?,
J4
Ei-4WIJenl.
Bank of England Statement
.. 'O'W.u.i. Nev. II. -The WPOklv stittement of
tne iianic or i;nulnnd stiewn tlm fulluvvlnyr
chaiisvs In twuiida sterlln-r: Tnlsl reservn in.
WW i,'H-'.gU; oireulutlen deer,.,l!IBll '," .
vw, uuiuwii iiicrifanvu .aevi euer
derreaxftil ai)7,0Uu; ether ilepenlts
l!.4U'.0Oui public deposits lncra"ei
enimviit securities deereusi-d 1,1.73.000 'rii.
Irup.irlli;n nf the bank's ruerv In liability
ls!3Wpe'r' ileni'J " Ir """ '"' Wt-C" " "
Liverpool Cotten
M.MJiT ni, HiKit. nil. . IJierpenl. Nev. . There waj
HIIKCP AND I.ASIDH Rccelpl-. 1H00 lt"l Ueniand for spot cotton
I iirli'i-H steady nn the basis uf an
22 Mllllts for mlililllnir at 1.1 .211.1.
I were lli.OOil baits. The receipts
bales, of vvhluh isen ImlfM u.m
CLEARINGS
, ...... J. J ... . , , :- ...
today eemparu llh cur-
,'uiuici. itviii iiirauy 111 mi cany iieailnas,
Hpet prltes were: American, mlddllim (air.
ism "" yruv,'"',;" iPie. Aiiicit.ii. iiiiuuiiiiK tMlrs I latftr InlPsi Will nun m
. 10.00cfjiie.jci middling. ir..4Bdi fully mldl fr mevlM firm until .
two years)
1D-J1
MB I I I
"! " w
TRACTION STOCKS
1:80 Net
P. M. CHrs.
1034- V4
43V4 1
101 -f Vi
34 - 1
Weakness of Central Asphalt
Shares Causing Considerable
Cemment in Trading Circles
614-
'.1
Vt
- H
i
Ti
li
The flrmnfM of the street rnllwny
stocks mill the weakness of Ocncrnl
Asphalt were the outstanding event
of the tlny's operations In the local
mnrket. . 1 R. T. cressetl S3, nn
ever nlK'it rtnln of . There wns nlse
tt frnrtlennl ntlvnitee in Union Trnetlen
te 41. rhllndelphlft Traction hehllli','
firm nt 07. Tim improvement npprnrctl
te litivc resulted from n belated njtpre njtpre
rintlen of the Increased volume of
trnOic the retnpnny Is deriving from
the new Krnnkferd Klevnted. The
ilifllctiltles experlenred in the opening
of the new line nrc belnu rapidly over ever
come and the new line is gradually
working mere smoothly.
In the matter of Income' return the
current quotations of most all of the
local street railway shares are conspic
uously out of alignment with ether di
vidend paying storks. This has been
somewhat of n mystery te brokers spe
cializing iu the street railway securi
ties, and, according te their observn ebservn observn
tlens. is result of nn apparent lack nf
cenlidcnce engendered by the past nn
wholesome history of these storks.
These mutters are a thing of the past
anil most of the iiii(lerllng mocks, ap
parently lire iiuall.v in ns safe position
as ninny ether stocks returning n much
less income return en amount of dlvl
dends paid.
Although there .is evidently n com
paratively Miinll leenl speculative In
terest In the (Senernl Asphalt shares,
the weakness of these Ksttes still at
tmeted attention find came In for con
siderable comment. The peel operations
since the transfer of the market te New New
Yerk have been uncommonly, bold, If
net nudaeletis. lt is reasonably safe
te say the wonderful performance of
these stocks during the last three Tenrs
liiul no relation whatsoever with the
internal condition or workings of the
company.
It was simply n llnrlng exhibition of
the familiar streng-nrm methods lip
id i oil e often In recent years by cer-
50 - 2Ji
58 Vi- Vi
104 IVi
41 4- 1
73U4- 2V4
MTi-i- 3H
3314
10V4- 3H
52T4-I- Ji
Vi
4Va
Si
2
"'is
H
i
t
8
Va
1?i
Us
!i
IV-i
Vi
V
1.
Ji
tnln speculative combinations. Under
the eireiiniMiinees, It would likewise bu
coasetmbly Mife te assert, current dis
turbing rumors circulated concerning
the company's operations or Seuth
American oil ventures furnish merely
plausible excuses than reasons for the
lowering of the market value.
1Ti
Ji
Vi
1
Philadelphia Stocks
inn
P. Af.
"
Net
chgs.
4-iai
Rich I-iv
KMltAni Can. 7tJ 7i
loll Am (Jits. . 7ti 74;s 75 . .
13,-.Ani 8trs..l:iVi 1:V ' HW,(, Vj
lOOtAniicendn rilrN ."1 rilr;8 v's
! Klec Ster. M fill fitt .j
RKJen Asnh. 4l!i 4!)i 41 111 2Tt
Vi
Ji
14
5!
!
Ji
Vi
Ts
Vi
KMItHiidsen M 21 Hl HI ';, ,
l.itl Leh Nnv i,i i,i -f- v..
ntlLeh Vnl... 7Ts 7Ts 7Ts V
s:t0 1'ennn It K 4S1J 47 47 t
lli.'t I'enna Salt 8Ti t5 85 . .
USlMillu Ce
cum pf.. 4:5 43 43 Vi
244 l'liila Klec
IVi
96114- 1!i
73 Ji- V4
52 ' .
83V4- Hi
pref at-Ji Kl'a
2H Phil In W 43 43
215 I'hlln It T :i:Ps .'12',a
( l'htln True 07 07
.11
A'.
"'Us-f-
ti
niltlteiuling.. 82Ti S2T's 82H-f Ts
255 Tone Helm IVa M.L- V....
W) rnleiiTrac 41 41 41 U
25 IJ (i I . . . . 51 14 51 4 51 4 li
5 depref.. 5514 GSVt CS'i . .
Net rlianite miile by conii.irlen with luiit
lie en New Yurk Hleck Kxchiinite.
I'HILADKI.I'III.V BONUS
I
14
1000 Liberty 2d 4i,s
2000 Amer (Jtis & Electric 5s
2IMM) Itethleliem Steel (is....
1(1(10 Electric & l'eiTr4s...
IIS. 52
8S
lit
I7l
Vt
2Ji
Vi,
1 I
Ji
H
2Vi
Vi
14
t
'lV4
100 Electric & Toe Tr 4s. . . . 72
MI0 Electric & Pee Tr 4s.let.s 7t',i
KIOII Lehigh Xavlgntien '54... !M'j
1(IIK People's Passenger t c 4s 74', 4
2IHI0 Phlla Electric 1st 5s..lets !s
HlMXtPhila Electric 5Vis. .lets 100',';
FOREIGN EXCHANGE
New Yerk, Nev. 0. Opening figures
iu tlie foreign exchange mnrket today
slieweil the following changes from yes
terday's finals: Sterling up ; fumes.
79J4 4 tu
up 11; ueigmns up n ; lire up ', : lJan
Ji
H4
Vi
114
isli tin 4; Norway up 10;ViJwedisli up
4 11 nil Dutch up 1. Swiss were down
1 anil pesetas down 2. Marks are up
'm. The rally was attributed te cev
ering of speculators.
Sterling cables were 4.40'vi, demand
4.40Vi ; frnne cables (1.41. checks
(1.4(1 '4 ; Kelgian cables 5.S4, cheeks
5.h.'ii : lire cables 4.25, hecks 4.24V' !
Swiss cables 18.27, checks 1S.2I; pe
seta cables 15.18, cheeks 15.1(1 Umilsh
culilcs 20.10. cheeks 20.14; Xnrwav ca
bles 18.50, checks 18.45; Swedish cables
20.8(1, checks 20.81; guilder caLles
30.12, cheeks 39.07; mark.s .01 7-lti.
In the Central European exchanges,
today features Included declines of 18
points iu Creek, 0 lu Czecho-Slovakian,
mid 5 in Finnish, ltitiuiiiiian ami Serb
ia 11 gained 2 points each, and Polish
rallied u point from the extreme low
record,
(Quotations; Hulgurlun, .70; Itu
miinian," .04; Serbian, l.ill; Creeks,
1.50; Czecho-Sleviiklnii, 3.10; .lime.
Slnvlan, .41; Polish. .OOO".: l-'liiiilsh,
2.55; Austrian, .0014; Hungarian,
.0004 h. 1
Tlie discount en New Yerk funds In
Montreal today was higher at Js per
cent. The premium en Canadian funds
iu New Yerk was Vs per cent.
Yi:.STEHOAV'B CLOSING QUOTATIONS
Ji
Mi
i- 2!i
Vi
V-i
Ti
Mi
!4
Vi
Mi
J4
Ti
H
14
4
Ji
H
"li
Vi
Sterling- Francs I.lre Oullilera
4.4fl (l.ill 4.1IH- .
4 4ll'i ll.0 I M
Demand
Culiles
vt
66J4 IJ4
272
JJK Vt
291'4-i '"li
,1214 4 ?i
14Js ..
10 - j;
59J4 ..
1125-i-i- 1
61 14 4. 74
10W I. u
TODAY'S Ol'UNIKll QUOTATIONS
rlterllna- I'rancs l.lre rjulldnr
nd 4.4rtts 40i 4.1,'l'i lei n?
,.:::. . .w u.u tti sill .
Demand
Came
MONEY-LENDING RATES
NKW YORK Meney en cull, teth classes
of ixillntrrn). uinlied today at S"j i.er cent
for lendlnt.- and renew Ins.
I'llIUVllKMMlIA Call, R ir cen; time,
r. per cent: commercial p.ipcr, thrge te six
months, 0 per cent,
BUTTER, EGGS AND CHEESE
New Yerk. Nev. 0. 1IUTT..U p.ul, r. U-.
ci'lnts, 17.SUT tub". I'HiMnu ster-li. 1 urrent
miike. Ne. i!. a3.Vc. ether urades 5".
thnnufd.
1K1U.S firm. Receipts. 10 fi.il pawn. KrcKh.
Kntherid .extra flrslK, !.Hi.-,7-i de, tlrmii 4.1
B.'ii!ci I'nclllQ Const vvliltts. .xna, 73 4 SUe'
de, llrsts te extra first". f.i & Tup. '
CIIUKSK steady. IUccIpih, hiioe Leih
Quutatluns unilmOKt'd. w'
Manhattan Ce, Doubles Capital
Nrw Yerk, Nev. 0. A Heck dividend ,
irm n..r cnl will be piitinilili'il fm. ............ :.
49V4
5J4 4-
1014 .
6
4014-
40J4- 114
eeji-j- 2Ti
14- Vi
te stockheldHrs of the lljijik of the Manhnttan
Company, one. of the nldeat bnnKlnir Instltu-
nuns 111 in" win..'. i,"'v.ri ". "pvi-mi meet.
Ins- hire December 0, the lluctui.s 0f ttiu
hank, whlili tr. is vnnmt form is,mi,in".
,i... i.tankQ rnunded by Aarun ltur. ...i V....
hecurttleM
deerrfiaeil
ii'iaT;
"v. :';-.-;. 7": --.f .it, ". i7..- -,,M iw-
anuer iininiiuni "'"J"" .I'wnn under u
charter rant"d In liUU. havi, voted te In.
cn-asn the capital from t.Vnuii.oeo te tin .
Oun.OPO by the trannfer of a tiertlmi t,f th'e
surplus nf the censira Ien tn the cuplli il
Under the plan each eterkhulder of ucnrd
at the close of business November m Wll
reciive nn iiiuuun, v .iv biuvk tgmvalent
te his hcldns nt the time. "u'taieiu
enly a llm.
today, with
TIIK INVIHIBLK IIF.IJIKMAN
Wireless control or Dstiieshlps Is
advance nf
Th. .ui.
were Ifueu
Am..i..nn
.....v. .v..,,.
na. Tnsn ins uia? aim. n ..t?
l-.-i .hij. ...in fe..-i rr.7..T--. . s iwr
iisisr ' jTiii null inmuiy missies at
-"i" ."" Itsarl
iiTSS:
tractum in serious micmien of our nan
fflclals. tU In the fall the baitlishlb
Iowa, like a deemed ship, vlll steal ii;
Isntly out te sen. deserted. irie, ji.
Jlyfn( svsry behest of the navltttiter It ha.
laft belli
Gulf Oil
Corporation
of Pennsylvania
15-Year 5 Debenture
Geld Bends
During the past $12 years the con
solidated net earnings of Gulf Oil
Corporation and its subsidiaries,
after all charges and dividends en
its stock, have been retained in the
business te the extent of $84,500,000.
The present financing is te refund
a 7 issue with a 5 issue.
Price en application
Guaranty Company
of New Yerk
421 Chestnut Street
Philadelphia
Main Office!
Guaranty Trust Company
Building
MO Broadway, New Yerk
We de net guarantee the statements and flRures contained herein,
but they are taken from neurccs which we believe te be reliable.
its 7-- - 1 j tSBBlB' VT jT7 f TTBmssJfc -" f- ttfftapsSXkBI
( -i- . t--Tj12.-''si, jjjt vtSSBV
207 SOUTH FIFTEENTH STREET, PHILADELPHIA
ANNOUNCEMENT
On account ei the lijrge growth of our business, pertlcularlu
(luring recent years, and te enable us at all times te give the best
possible attention te the needs ei our constantly expanding clien
tele, we have leased, for a long term, the Filth Fleer of the above
budding, situated at the comer of Fifteenth and Walnut Street,
where our Philadelphia Office is new located.
Our Telephone Numbers remain the same Spruce 8100
8101, 8102, 8103, 8104, 8105, 8106, 8107, 7663 and 7664.
Yeu ere cordially Invited te visit us in our new headquarter!
and te inspect our Increased facilities for supplying your melt
exacting rerrulremeuts. ,
Frederick Peirce & Ce.
Safe investing is mainly a matter of knowing where te bitf
your bends.
ERNST iS ERNST
AUDITS
COST ACCOUNTING METHODS
TAX SERVICE
2023 LAND TITLE BUILDING
PHILADELPHIA
Telephone Loeuet 2681
ELECTRIC UGHT & POWER BONDS
Circular en Riquiat
ARTHUR PERRY & CO.
BOSTON
Inveitmtnt Bendt
v Lafayette Buildbf, Philadelphia
New Yerk
UllWIil
O0
I
PrevUM-
P.S.
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