4"
wfW?;?-""
S5M
JER-
lf
i'L'iil
Wd
i.,wC.
KAiW-.'fSIH
V't '
iM
wL IP dhsetiib
Cm mmm
cwrfsJSf1
NPN-CALtABtE
fit j 5i
Greater Winnipeg
Water iww
Prev. of Manitoba
.GYlSd Sui tm
TfceNttientlCHyCBpij
... j.i-'hl MIT Chealaut 81.
SSet, - Ch..f.M.Bl.k
A" I2JS Boardwalk
?
TO
aL
Softness of Specialties En
ceuragtd Bear Hunt for
Other Weak Spots
NEW YORK STOCK EXCHANGE TRANSACTIONS
Only Attern n RomeH In hMetiMm QmeHnt Fmtl LI ,
EQUIPMENTS
SOUTHERN, PACIFIC CO.
7S
JUNE 1, 1921-1930
fOUTHIRN RAILWAY
NOVCMIER 1, 1927-1936
IT. LOUIS-SAN FRANCISCO
RAILWAY
5s
SIFTEMKR 1, 1921-1937
PRICES TO NET 5.1S
REILLY, MOCK & CO.
3M CHESTNUT ST.
PHILADELPHIA
n
Tweity-twe Years
Ite
In 1900 Philadelphia
bends sold en a 2.90
basis. Today the City'i
4tt bends, due 1952,
can be bought at 0
and interest, te yield
about 3.935. A Price
- Chart and Circular will
be sent en request.
iarris, Ferbes & Ce
Pin St., Cor. William
NEW YORK
PHILADELPHIA OFFICE
Widtntr Rldg.
Telephone Spruce 7040
New Yertt, Ner. 10. There was n
continuation of the name Irregularity
In nrice movement In today nteck
tnarket, but the eenfuninx drift wax
ncrampanieci ey perecptieiy tiiminnhins
fieminga. a numeer ei una res con
.plcueualy weak In yesterday's late
ileal Iks continued tinder nressure ami
seme new soft spots cropped out In
ether quarters, j,ut tht main body of
Ktecks did net move far nwny from
recent established levels, deinlte the
frequent declines and advances. ,
In a larger measure the day's opeta epeta opeta
tiena virtually simmered down te a
struggle of supremacy between the
opposing professional speculative forces.
The calllnc of no. extra session of Con Cen
grew by t!if President furnished ubeul
the enl.v Imeresllns Item of news. I.lkt,
I all ether outside Jev'elepmcnj It came
Fin fn. II. .1 If ..'.. ..aIa.. ....
.ut cij mur, it liny neriuun cun-
alderntlen. The gnlns shown In the
Federal Ilcerve Hanks, reserve ratios,
ordinarily considered n constructive
clement, also were insed unnoticed.
The attitude of the firefcesjpnal con
tingent I ik the recent sessions maker
it quite certain they can be counted
upon te resist any attempt at a sus
tained forward movement. This wan
again clearly demonstrated befere the
morning was aver, when it was dis
closed prices ceujd go down just as fast
us they go up.
Heartened by their auccess in de
pressing a number of specialties, in
cluding Allied Chemical, which rirenneri
8 points below yesterday's high, short
Interests turned their attention te some
of the murket leaders. United States
Steel common was btipjectcd te pressure
nnd sagged lb 108. its weakness having
n restraining effect en buying in ether
quarters of the list. Attemnts were
made te rally the list by bidding up of
various en, snipping anil reed, shoe, can
and merchandising shares, but most of
them made only n feeble response te
the bullish operations. Short covering
in Allied Chemical nfter it had touched
71 , caused a rebound of 2 points.
Trading beenme quieter toward neon,
probably pending announcement of the
monthly tonnage statement of the
l lilted mates Htecl Corporation. Prices
in, the, general list nt that time showed
a varied assortment' of gnin and losses,
with most of the popular shares ruling
fractionally below yesterday's closing
prices.
. . Dlv.
8t in I
300 ..
2500 ..
11400
500
3)0
tee
100
. 5300
100
200
100
500
STOCK Illtll
. Alaska Geld Mines H
. Alaska Juneau O M 1 H
4 Allied Chem 4: Dye.. 73 tt
4-Allli.Chalmers .... 43 K
. Am Agrle Chem.. 33
3 Am Bank Nete pf. 54
. Am Besch Magneto. 37(4
Am can 7H '
i aid van pr I" )
ft Fdy IBS
Commodity Markets
GRAIN MARKET
Chicago, Nev. 10. Notwithstanding
a little show of firmness at therstart,
wheat prices underwent n moderate de
cline today during the early dealing;.
A riie in Liverpool quotations was re
sponsible for the Initial upward ten
dency here but buying lucked volume;
anil the market vus readily depressed
by scattered selling. In this connec
tion, s-eme notice was taken of asser
tions that, with the British nnd French
in accord, anxiety regarding the Turk
ish sltuatieii had been almost dispelled.
The opening, which varied from un
changed figures te Omc higher, with De
cember 1.16 te 1.154. and May
l.ii-Si te i.n,s, was followed by a
general scidsck.
Cern and eats eased down with
wheat. After opening nt Yc, decline
te ',8(3 ;4c advance, December, 6!) ,&!.
(iH'i, the corn market showed moderate
losses all around.
Oats starter! tinrliniiRed te lie lower.
December l--',,i84-,,i!. and Inter con
tinued te sag. -
Despite weakness of hog values, pro pre
visions were steady in the absence of
any aggressive pressure te sell.
J'rev. close Open 12 M.
Geerge K. Watsen & Ce.
CtiHUtd Public Accountant!
INCOME TAX CONSULTANTS
ttic WiiUaitoe, D. C. ScruUa
CORRECTIVE SUGGES-
TI0NS IN BUSINESS
ACCOUNTING
RulEitate Trait Bldf.,Phila.,Pa.
Augusta Union Station
it 4, 1953
McNab & Harlin
t 7e, 1942
". Y., Chic. & St. Leuis
23 G, 1931
F.P.Ri8tine&Ce.
K,.W'&!' WWI. ftiladeliUa
teraW
.v..
Cern
r)c. . . ,
Mar ....
July ....
Wheut-
Dec
Met- ....
July ....
Oats Oats
Dec May
July . . .
May ...
i.ard
Tnn.
Slay . ..
Bid.
r.fli;
en.
Ctf'.i
1.15'i
1.14V
1.03??
00",
I.IIHQt.lim 1.14H
i.wrf i.iaw
1.03'e 1.03i
42'n 42,
42J, 42,
S3 'S S4'i
42
42,
S4S
ft.t)5
. .ie.au
-n.ns
1O.E0
a 9,!T
Un.n 12 M
2D. 0.'. 20.SS
2il 15 2l.nn
2(1. Ill 211.0:1
2.V7H !5.73
i'.i.a.'i . . .
21.10
COTTON MARKET
New Yerk, Nev. 10. There wa.s a
geed deal of evening up in the cotton
market this morning, nnd the opening
decline of 5 te 18 points represented
moderate liquidation for ever the week
end, following easier cables. Liverpool
local traders and Wall Street were the
chief sellers en the opening call. New
Orleanb, Japanese interests and the
trade bought.
At the end of the first fifteen mln-.
utes the market here wan Mcudy, at
about opening levels.
J'rev. cln.,1
Dtrember .. JO. IIS ft 74
Jnnuary .. sm.S3'a37
March 2i),5.1'&;k
May 8.1.13 9 2it. 00
Julv i'.I.CO'u 54
October ....24.in
, Kemumi.
NEW YORK COFFEE MARKET
New Yerk. Nev. 10. Disappointing
llrnzllian cables breuuht about 11 little
general selling in the coffee futures
market this morning, first price show
ing declines of 1 te .'J pe'ts.
The offering of futures shiument cef
fees in the cost nnd freight market at
1 cent te lVi cents below the price of
premt snpipmrnt, nreugnt out seme
selling In thin market this morning.
Prices, however, held steady nnd close
te initial figures around midday.
Ye.t. oIehi. Onen
Decerr.bir (.7t7J O.70W71
March . . .! 17
M.iy 0.24 tt 2ft
July 0.011W112
Mrpicmber U.1'!liJ
dctnler
13 Am Cnr
. . Am -Cotten Oil... 22
Atn tViita (lft . . H
Vii ' Am tilde ft Leather. 1 1 H
'122 A Hide ft Leatti pt 70
..22 Am Intemat Cerp. 32 !i
.22 Am Locomotive. ...127H
103 7 Am Loce pf, 121 V
222 Am Metals 4B
'95 U Am Safety Raaer. 7H
3?22 Am Ship ft Cem.. 22 H
122 7 Am Smelt pf 103ft
333 ( Am Smelt See A.. 101 ft
522 3 Am Steel Feundrle 44 (i
322 .. Am Sugar Rf 75 U
.?? Am Tel ft Tel 124ft
122 " Am Tobacco 154ft
!22 "Am Watrwks 6 pf -51 ft
'22 " AmiWatrwks 7 Pf
222 7 Am Woolen 8
200 . . Am Zlne Ld ft Smelt 17K
.22 Anaconda Copper.. Btft
'22 Assets Realisatien. 1ft
22 4-Asse Dry Goods... eSft
'22 6 Atch Tep ft S F pf 92?
'22 Atlan Blr ft Atlantle 2
200 7 Atlant'e coast LlnelHH
"22 Atlantle Fruit ?U
22 .. Atlantic Fruit ctfs 2ft
22 . . Atl Oulf ft W I S 8 ?5
222 . . At O ft W T S S pf 20 ?i
400 12 Atlaa Powder 160ft
100 6 Atlas Powder pf... J4
200 .. Austin Nichols ... 31ft
7100 7 Baldwin Locemottve132"i
600 .. Baltimore ft Ohie... 50
122 Harriett Leather . 54
20 .. Barnsdatl Clus A. 32
400 .. Barnsdatl Claw B. 23 M
100 .. Bntepllas Mln .... H
500 4le Beechnut Packing.. 43ft
200 .. Beth Steel pf new.. 97ft
4030 5 Beth Steel B..7-.... 71
330 .. nrlt Em Steel .... 10ft
200 .. Brit Em Steel 2d pf 30ft
700 .. Bklyn Rapid Transit 16 TV
200 .. Bklyn It T ctfs.... 14
,500 7 nrawn Shee pf.... 99
100 7 Bush Term Bid pf. 99
300 10 Burns Bres A 130
600 2 Burns Bres B 47 9
3000 .. Butte Cep ft Zlne.. H
12 JO .. Butte ft Sup Cep.. 33
200 .. California Petrel .. S3?
600 .. cal Zlne and Lead. Ui
730 10 Canadian Pacific ..143ft
4600 .. Central Leather ... 37ft
703 .. Cen Leather pf. ... 76
3M .. Cere-de-Pasco 39 H
1030 6 Chandler Meters .. 61
700 'i Chesapeake ft Oh ptt04ft
400 .. Chi ft E HI 36
333 ....Chicago ft Or West 5
500 .. Chi ft Or West pf.. 12H
2100 .. Chi Mil & St P :8)i
1200 .. Chi M ft St P pf... 4ft
S03 B Chi ft Northwestern 89
400 4 Chicago Tneu Teel.. 61ft
100 .. Chi R I ft Pae 39ft
100 S Chi St P M ft O... 82ft
122 JO .. Chtle Copper 28 ft
603 .. Chlne Copper .... 26 H
100 .. Cluett-Peahedy ... 63ft
1603 4 Coca-Cela 79ft
130) Celum Gas ft Elee.. 110ft
1330 .. Celum Graphaphens 3ft
2"0 .. Cel Graphaphene pf 12
500 .. Conley Tin Feil Cerp. 14
100 .. Consel Cigar .... 39
393.) g Consolidated Gas ..'38
43)0 .. Consel Textiles ... 12
500 .. Continental Can ... 7
70) 4 Cern Products Ref.130
15000 4 Cosden ft Ce 50 K
5633 .. Crucible Steel ... 78ft
630 . . Cuban Am Sugar. . . 21 ft
400 .. Cuba Cane Sugar. 12ft
100 .. Cuba Cane Sugar p 36
330 .. Davisen Chemical 32 ft
100 9 Delaware ft Hudsenl30
400 Deme Mines 42 ft
4103 S Du Pent (E. I.) Ce18
630 6 Eastman Kodak .. 66 ft
700 3 Elee Storage Bat.. E5ft
1400 S Endlcott-Jehnson . 69
49)0 .. Erie 12ft
1430 .. Erie 1st pf 19ft
3)0 ... Erie 2d pf 16
1600 S Famous Playera L. 94
230 10 Fisher Bedy 149
100 I Fisher Bedy of O pf 94 ft
330 .. Flilc Rubber 12?f
800 .. Freeport Texas ... 22ft
330 S Gen Am Tank 75
12500 .. General Asphalt ... 47ft
2100 6 General Asphalt pf. 79
1033 t Gen Electric, 180ft
830 .. Genl Elec special pf 11
'223)0 .. General Meters ... 14?
230 7 Gen Meters deb 7 97 ft
103 .. Glldden Ce lift
100 .. Ge'.dwyn Pictures 6ft
400 7 Goedrich B F'pf. .. e4
8J3 7 Great Northern pf . . 91 ft
9)3 4 Grt North Ore ctfs 25 H
300 . . Gulf Mobile ft N pf 46
1400 .. Gulf States Steel.. 89
200 .. Hablrshnw Electric. 2ft
100 3 Hemcstalte Mining. 78 U
2800 ... Housten Oil 78
700 2 Hudsen Moter Car. 21 ?
1030 .. Indlahema Ref .... 19i
100 . . Indian Refining ... 7
200 .. Inspiration Cen Cep 36
600 .. Inter Cen Cerp.... H
1000 .. Inter con Cerp pf.. 1
300 .. Inter Rapid 24 ft
1800 'i Inter Coin Eng.7... 25
600 .. Inter Mcr Marine... 13ft
3030 6 Inter Mer Marine pf 4 ft
2030 .. Inter Nickel 15
700 .. Invlnclble OH Cerp. 15?(
100 .. Iren Products .... 43ft
100 .. Island Oil .
300 t "4 Kan City Se of.... 55ft
730 .. Kansas ft Oulf 2?i
300 .. Kayser ft Ce new.. 5ft
I a00 8 Keyaer ft Ce new pM03
600, .. Kclly-SprlngnelU .. 3'-j
2700 .. Kennecett Copper 33 ft
2003 .. Keystone T ft R. . . bH
200 7 Kreage S S 19ft
500 . . Lackawanna Steel . 81 ft
Lew
H
Mi
?m
42 ft
S3
54
37 ft
73 ft
111ft
184
22
b
lift
70H
31ft
126
121 ft
48
7H
21
103ft
101ft
44 Mr
73ft
124
IMft
31ft
89
(8
17
EOft
1ft
63 ft
92 ft
I
116
l
ift
?3
20
130
94
1:0
F. I.
8
Ket
cat.
1
73ft-'. K
1- 'ft
ft
1
43ft
33 -
34
37ft-
74 -!
-
22
6
11ft
70 31 r
126
121 ft
48 -
22j4-r
ft !
44 ft-
75 ft
124
1E4ft
51ft
89
98 A
17 51 -
1ft
ft
Z - ft
117!- 1
2ft ft
2ft ft
25 ft
20 ft-!-160
94 A-
1ft
ft
ft
ft
3ft
ate In . STOCK . tilth
100 .. Lake Erie ft West.. 32
100 2 Lee Rubber 26ft
( 300 8ft Lima Locomotive .. 0
700 . . Loews Ina 20ft
700 1 Left candy 13
100 .. Mack Truck reft
100 7 Mack Truck 1st pf. 93 ft
1500 .. Malllnsen Ce 32
100 7 Manhat Kiev Guar. 51 ft
300 ,. Manhat Etev ctfs... 47ft
800 8, Manhat Shirt ....
300 .. Market St Rwy...
.100 ,. Market St Rwy pf.
1500 6 Mar St Rwy pr pf.
800 . . Mar St Rwy 3d pf .
1C00 4 Marland Oil
100 .. Max Meters Class A' 48
200 .. Max Meters Class H 14
400 8 May Dept Stores. .. .166
300 1 Mclntyre Mining .. 18
'2300 12 Mexican Pet 228ft
630 6 Mx Seaboard 19
500 0 Max Saabenrd Oil ct 17 ft
1403 1.20 Middle States Cerp. 1Z7
b7
10ft
42 ft
76
8 ft
32
31 ft 31 ft -131ft
131ft-
ft
50
54
32
23
42
97'i
70
10 ft
30 ft
14
14ft
98 ft
99
130
47
8ft
32
53 ft
0
144
35 ft
73 ft
3ft
CQ
103
36
5
1214
28
43ft
88 ft
B0 ft
39 ft
82 ft
28
25
63 ft
78
109
3ft
12ft
14
29
136
lift
S6ft
130ft
48
76
21ft
12
36
32
130
42
164ft
86
55
87
12 ft
19
15
94 ft
148
94 ft
12ft
22
74 ft
46 ft
78
180
10
14 ft
97 ft
lift
6ft
83 ft
'-0ft
34
45
88ft
1
78 ft
78
21ft
19ft
7
3d
1
24
24 ft
13ft
52
14
15
43 ft
55
4
102ft
43ft
:3 ft
6ft
189
81 ft
it
1
3
ft
1ft
- 1
EOft-
54 -
32 -
23
4
97 ft
70ft-
10ft-. I
;u;'4
14 -14ft-
98 ft-
99 -130
-
47 ft-
eji-
32
53ft-8-
143 -35
ft-73ft-39
ft -61
-
104 -36
I.
1
1ft
ft
2ft
1
ft
ft
2ft
3ft
1
3030
400
400
100
300
4600
2500
100
200
200
100
103
103
830
. 100
2100
2033
330
200
200
2000
500
900
1200
4100
3930
4100
tee
20)0
703
330
700
708"
5U3
100
103
800
330
200
.. Miavaie isteei
.. Missouri Paclfle ... 18
.. Me Paclfle pf 54 ft
.. Montgomery Ward. 22ft
1 Moen Moter Car... 15ft
ft Mether Lede Mining 1 1 ft
.7 Nat Biscuit 256
C Nat En ft Stamp.... 67 ft
6 National Lead.... 115
. . Nat R R of M 1st pf 6ft
. . Nev Cen Copper. ... 15
6 N O Tex ft Mes... 83
..NY Air Brallo A.. 49ft
8 N Y Central 98'i
C N Y C ft St Leuis. . 67ft
.. N'ew Yertt N II ft H .'8ft
2 New Yerk Ont ft W :3ft
7 Norfolk ft Western.118ft
12ft-
:8
43
88 ft
80 ft
39 ft .
82ft
ft-
78 ft '
110
3
12ft 14 -39
137 -12
97 -
130ft
50
77 .
ft
130 -42-
167ft
86ft
55 -88
-12T4
19ft
16
94 ft-
148 -94ft
12ft
22 ft-74-46
ft-
79
180
10ft
14 97 ft
Hft .
6!i
83 ft
SO ft -34-46
-88
ft -
2ft
"8 ft
78ft-
?i
32 I"
.
1
13
43ft-
35--
J!
102ft-
43 ft
33ft-
189
81ft-
I ft
.4
ift
ft
ft
Vt
1;
96
46
t4
2ft
38 ft
64
47 ft
91ft
SO
5
8
34
V.
n
12ft
0ft
43 ft
4 Plggly Wlggly Stere 43ft
Pitts ceai zv'i
Pitts A W Va 37
200 lft Pend Creek Ceal... 19
300 6 Pestum Cereal ....112
6 Pub Sen Cor of N J E8
,. Producers ft Rcf... 44ft
8 Pullman Ce 129
,. Punta Allcgre Sugar .4 ft
2 Pure Oil Z9"
8 Railway Steel Sue. .114ft
6 North American
3 North Amer pr
North Paclfle
. . Okla Pred ft Ref. . .
2 Owena Bet Much...
.. Pae Gas ft Elee....
s Paclfle oil
Pan Amer Petrel...
8 Pan Amer B
. . Panhandle
3 Pennsylvania R R. .
. . Penn Seaboard fiteel
.. Pere Marquette ...
1 Philadelphia Ce ..
2 Phillips Pet
. . Plerce-Arrew Moter.
.. Pierce Oil
Pierce Oil pf
1203
2333
703
tee
1500
00
500
t00
-m
5)0
tee
100
1700
100
500
Ray Cen Copper
4 Reading
2 Reading 1st pf
2 Reading 2d pf
.. Remington Typew..
. . Rem Typew 1st pf .
.. Repub Iren ft Steel.
. . Rcoublle Meters . . .
3 Reynolds Teb B
1631 4.13 Royal Dutch N Y,
13ft
62
51ft
51 ft
:s
97
10 ft
1?i
57
54 ft
25 ft
ft
i
ft
ft
ift
2
ft
1;
ft
u
1"
ft
3ft
ft
ft
300 .. St Louts San Fran
300 ,. 8t Leuis southwest. --;
500 . . St L Southwest pf . . J7
333 .. Savage Arms I0i
700 .. Saxen Moter 4
103 .. Seaboard Air Line.. 6ft
311 . . Scars-Roebuck .... 67
200 .. Seneca Copper 9
530 165 4 Shell Transport .. 36
ZVi B sneil union uu or.. n
2 Sinclair Consel ... i
.. Skelly Oil 9
. . Sleas-Shefneld pf . . 78
Southern Pacific .. S2
.. Southern Rail 24
6 Southern Rail pf. .. 65
7 Spalding Bre 1st pf. .104
4 Stand Oil of Cal 1 22
6 Standard Oil of N J210
7 Stand Oil of N J pf117
4 Stewart Warner Spd 57 ft
10 Studebaker "124
..' Sub Beat Cerp 8
.. Sweets Ce of Amer. 2ft
.. Tenn Cep ft Chem.. 9(1
3 Texas Ce 48 ft
4 Texaa Gulf Sulphur. 64ft
.. Texas & Pacific 26 ft
1 Tex ft Tac C ft O.. T2
.. Tidewater Oil 129
( Timken Rell Br 33
.. Tobacco Products . 55
7 Tobacco Pred A.... 82ft
7 Tobacco Fred pf...109
.. Transcontinental Oil 14
.. Union Oil 17
10 Union Paclfle 146
4 union recinc pi.... 'a
4630
1330
100
1430
3)0
1233
100
1300
2600
3)3
633
18400
17C0
230
233
5100
3500
100
200
100
700
1200
200
200
1200
400
430
tee
100
330
410
2430
tee
2103
800
100
200
34600
1000
tee
1800
3900
100
800
700
600
300
200
100
330
203
200
500
600
400
700
900
1C0
200
300
2 United Alley Hteci.. j-jm
.. United Drug 79',;.
. . Unit Rwy Invest pf 31
. . United Retail Stores t?.
..US Feed Products 0'i
..US Ind Alcohol.... CSj
..US Realty ft Imp.. 88
..US Rubber 53
8U S Rubber 1st pr. . S6'
BUS Steel 1C9
7 U S Steel pf 121ft
2 Utah Copper t4;a
, . Vanadium Cerp ... 40
.. Van Raalte Ce 67
. . Va Iren Ceal & Cel;e 58
.. Vlvaudeu Inc 14 ft
.. Wabash 10
.. Wabash pf A 29
1 Weber ft Ilellbrer.er lift
7 Western Elect pf .. 112ft
. . Western Pacific ... 16
6 Western Pacific pf. 59
.. Western Maryland.. 14 "4
7 Western Union Tel 112 ,
4 WestlngheuBO A O. 99
4 Westing E & M...
. . Wheeling & I. E. . .
. . White Oil Cerp...
. . Willys Overland . .
., Wilsen ft Ce
.. Wisconsin Central
8 Weel worth F V.
Ex-dlvldends.
CO'j
5
40
:ei
hew
32
26 ft
59 ft
20
13
56 ft
93 ft
31
51ft
43
b7ft
9
42 ft
70
26 ft
22
48
14
1C4ft
18
226
18
17 ft
12
31
18
13
22 ft
15
10ft
52
7ft '
115
6ft
15
83
49 ft
f-7
07 ft
V8
23 .
118
5
45
63
2ft
28ft
62
46 ft
89 ft
t9
5
47
""ft
:
41
46 ft
12
5
43 ft
42
E8ft
37
19
111 ft
67
Oft
129
44ft
fOft
114'i
1 1
lift
51ft
51
35
97
49
(ft
57
E4ft
25 ft
34 ft
t6
20',
4ft
6ft
E7
9
i5
95
33ft
9
78
92
24
C44,
104
121
207
117
56
1?3'j
7
5"4
9'i
47
64
20 ft
22
129
:2ft
D5
62 ft
109
14ft
17
145ft
77 ft
35 ft
79
31
79 'i
6ft
65 !j
87 ft
53
96 ft
108
121
64
39
65
58
14
9ft
:sft
11 ft
112'.
1H
59
14
112
99
60 ft
9'i
5'i
5ft
40
30
02 a:
32 ''
26ft ..
09ft . .
20 - X
MS
56 ft
93 ft
32 -B1U-
47ft- fft
67ft- 1ft
9ft
42 ft
72 -16ft-32
ft
48 -14-
164ft
18 -
22C
18
17 ft
ft
18 -53
22 ft
13 -11
255
67ft-
115 -6ft-15
83 -49
ft
98 -87
ft
58 -23..
-
118ft
96 -45
84 -2ft
J8ft-62-6
ft
5
47-
4
34 -42
I
47 !
ft
ft
2ft
2
1ft
2ft
ft
V
ft
1ft
ft
'ft
14
ft
ft
ft
2
1
3 ft
' 14
2ft
ft
HOLIDAY TRADING
LI
1CAL MARKET
Utility .Croup Were the Streng
Features of the Curtailed
Dealings
Willi two holiday nhenil atitl with
the timeitleiwnt of tin New Yerk mar
ket growing there w:is naturally n smi-
erttl dlM'OHl'i""' '' ""' I""1 "f tlp '"'',
trading contingent te tr.eve cniitleuM.v
nnd hcltnte in. making nnw r extend
ing existing commitment, l'rlce for
the bcit part of Ilu fc-'-len held fairly
Mendy, much morn mi tlmn reasonably
would lmv b'-en expected.
The utility group were about the
firmest, of th'J lenil Meck. There was
further nilvance of "ii. III I. II. 1 . te
:i:i;, lending only 11 III tie ever n iwliil
from the top price of the year. Union
Traptlnn nt the Mime time uns parried
up Oi te-IIOi. en neinlnnl tmnHactleii. I
riiiliideljihln Traction continued te.
urine uu
FffrirtM tn execute Mrnill liurliif? orders '
111 l. . T. (Unclosed little tck III l
sight and lifted the quotation ;i, I'M
."1 01. with n "1 point gain In the
preferred nt Tm, It was dated tednv ,
by niitlierltntlve murcrs tiMiiilly well
Informed nnd gcr.cnillj erv reliable,
thnt the directors of the Public Service
Corporation of New .1er.ey. nl the)
meeting one week from today, will 111
ereuM! the quarterly dividend 011 the
common rteck te - per cent, thereby
placing the stork en it 1 1 S per cent per
annum dividend b.ivls liiMcud of (! iim
paid at present. It has bcci.- hhewn be
fore In these columns te what extent
such nn action would enrich the Income
of the )'. t. I. It Is therefore nlto nlte
gether reasonable te suppose the re
newed strength of the stock today wns
due indirectly te the information en this
score.
Fer most of the ether lecnl stocks n
ery narrow market prevailed. This
was indicated In .".'--ii'iint decline in
American Stores mi :i small odd let
transact inn. AI- it vs nidrueed in
the "'-point decline registered by,
Philadelphia Company cumulative pre
ferred and Kisenlehr preferred, (in
the ether hand, American (!as. Ameri
ca!) Hallways. lYnus.yhiinlii Salt and
Cramps had a firm market- holding
steady at recent established prices. The
floating supply of Philadelphia Insulat
ed Wire appears te hae hen cleaned
1111. (lidding for the stink this morn-
ft- 3 ' f i)il? brengli.t no elTcilug until -I." was
ji .. .reached, which v.as - points above hist
' . ..!.:.... .1... :.,.. 1 1 11.... ...
Ilimil s itiPlin 1 .' s i-1 .irript illll M
reports the cemp.'inj business Inereased
iniiterinlly the last ihrec uieiiths.
43 ft
43 58 ft
37 -19
111ft
97 -43-
129ft-
44 ft -29
ft-
114
13
12 -
51Ji
51 -33
-97
49-
1 ft
57 -
:4 ft- '
25 ft-34ft-"
57 -20
ft -
4
6ft .
87
9
36 -95
ft -33
ft
9 .
78
ft-
104
122
208 -117
.
57 -124
-
7
2ft .
9ft-
47-
64'i-
26 ft
22
129-
33
55
82J
109
14 .
17
145ft-
77 ft ,
35ft
79 -31
si ;.
6'4
6 -
87 ft-
D3
93 ft
108ft -121
ft
64
39 -66
58 -14
-
9ft-
29 -11ft-
"2ft .
16 .
?.
60ft J
rft ,
40
30 -2C04-
1
ft
1
14
ft
1ft
Philadelphia Stocks
ift
" ft
',
Hsu
10 Am 'Ins. . 7'
! Am Uwys. 1!!
10 Am Smelt. I'll
10 Klec Ster. .".""
.'0 Hunt & 1'
T pf ctfs l.-i,
00 O Klsenl'r !i:t
.ill" I'ennaKU 4U
."10 I'eiinii Salt ."
10 l'hili: Ce
cum id'.. 'I.'1
TO Plilln Mice .",117
18 de prcf. . ill-',
U0 Phile In V ir,
lPJOPhiln It T .".:t's
"ll Philu Tnn- 07
'J8 I'nlenTiiic ll"4
HO T I .-pi,
l.'ll de'pref. . .V.'..
1(!0 W Cramp
& Seus., ."id
i.iiw
.i
i:i
ltjn
1 "'":ii
Nt
1 T M chte.
7." . .
1.'! . .
me .",i,.
a. u.
l.V,
no
47-s
12'..
::i '. 1
.Tl't
07
110,
nil..
.i0
1.-.',
w
17'
s."i
Gulf Oil
Corporation
of Pennsylvania
15-Year 5 Debenture
Geld Bends
This issue is free of the Pennsylvania
Four Mill Tax.
The Bends arc het subject te redemption,
except as a whole. If they arc called, the
holder is te receive 103j and interest.
Interest is payable without deduction
for the normal Federal Tncemc Tax up
te 2.
A circular describing the business of the
Company one of the largest fully inte
grated oil producers in the United States
will be sent upon request.
Price, subject te change,
97 ami interest te yield 5.30 te maturity
, Guaranty Company
of New Yerk
421 Chestnut Street
Philadelphia
Main Office:
Guaranty Trust Company
Building
MO Broadway, New Yerk
STAlcr
12 U '..
'I'.-r- h
I h
:!", B.,
'-'.s-f.
07 . .
I"i-r n
.-.!, .v,
:.e
rillf.MIK.l.t'lllA ItllMm
1000 I.lbertj Ith 4'',s -j. .
.1000 Liberty llli d',s -js...
lOIMI Kleefrie & lVe Tr Is..
10IHI Philu 'Icctric 1st ."is...
leOIKl Philu Kleetrii- lt ..s...
L'OOOl'hila Klectrle .'i. '......
0S.!2
1 1! 1. 0t
00
Oil-'',
!.!'.,
100'-.
LOCAL MINING STOCKS
TO.Ner-AII STOCKS
'.;
ift
'ft
ft
ft
,
1
Hi
ft
ft
ft
New 'erk. Nev. 10. The inemher
of the New Yerk Coffee und Sugar Ex
change thin morning voted te have no
nesulen tomorrow, Armistice Day.
LIVE8TOCK QUOTATIONS
4-hleMO. Nev. 10. HOGS -- llecelpts,
.ffnCVi!. ikrlwt actHe: rttflOs lower
..""-srs & e sis
!me lTeS3 -K?KSf :iht.8 60T .or. . !..
niinn Bnivn hiublii .-- , .
l.V.,rn- mUv S8.50: Hebw welBM. IS..U) w
SSeT nuidlum welglit. .e
Wflfht. 8.30'(S.
lac
nnv
CVrri.i: necelpte. a."00 heart Oe"er;':
t.Vey en all elc: MrWiil"'-, " " ?
. helcB liff pper or Ma-l.rn4 enii-'i -ri .
bu?i iihert "id" of nuallt: nml ruu.lulen e
Mil St IH.8a4f0.T5; Wrmnrii Rinwr n
moderate wpell-i Wt nmtur-4 sirii eeld
erl? at IU.M ; few 19 ""' tV',Jltii.
S?1R: Val c" he. ncll-.r: bulk di rable hea;y
lv.ln.. hulla. 14.15W4.V3; nuiH
44
11.43
II. 1!
s.npfin.ei
D.nseua
S.50
may. meny ..,..,.. -vjij ilnht
J0: medium weight. 8.3'.WHM.wnm
'iKht l8.0iCfR.40; Unlit Halite. SS.aewanu,
cKuik "ew. meith. IT.TB.K.: VMti
5.. rough. l7.2Sni.8Ui K'H""-' "if"- ?8''n
FOREIGN EXCHANGE
New Yerk, Nev. 10. At the opening
of the market for foreign exchange to
day, sterling was unchanged ; francs
showed a leactien of 7's points nnd the
ether exchanges were lower, eh fellows;
rn. l.0v ,T "
.llm liutlcr ii.-, nr,
AtacNamani 17 mi
Crescent (17 iMI
Mhhvnv tyj ',
Ml.nah KMcnsien n.". "en
Mentana (it. 10
North Star . . . . .117 ns
Rperu 1'ul-i . , , nj
Timeuah Intension 31, jt.
West lTml . Hpj ,,1
West Tvitepali .. In .u
I'lVIDi: lii(ic.s.
AIIIimI lnvUle iiuU in
Alte lllMJu .... 111 ,,.
Hetch-! ... m u:i
tlelrlier Intension "I n.-.
Ilrenfth IMvlil. nl ii-,
l)ll.ln i:xtiis!(iii . . .11 m
tlvlil. i-.in . . . n.- ,,
lllden.l . . .s . m'.' in
Knet Dllili .111 11
Itarmlll m, 11
Kmx 114 ii.-,
SlUcr Klnit II n
Sutherlnnil .11 nj
Taneimh Olvnle i.'i Te
Toneimh llnslnnui-'i ". nl
Vlctnrv Plvlil nl ,1 j
Venlo Dlxlrte . .. n i
Stotie nn 11
a01.lirii:i.! sTif-Ks
Hoetl' ... nj 11.1
Ceniblnntlun I'laciinn . 1" .-
rrarkrt lack ".'I u"
niaiiieiuinciii mm nun "' m
rieiPiic.) . . ''j ri
Cieliinelrt Cen . . ' 'il
HeIiIIIhM Hev . i'-. ml
(leKin.lil Deep 1 II
drear. Jleini . 1 nj
.tumbu Kxtn.lnii "i 1."
txt-ivnii-iii "- ".I
Municipal Bends
Wc own and offer subject te prier sale
Jeffersen County Read
City of Alteena
Bloenruburg, Columbia Ce., Sewer &
Imp.
City of Johmtewn Sewer
Borough of Tarentum, Allegheny
Borough of Seuth Sharen
(New Borough of Farrell)
AH of the above securities arc frre from nil Federal Im-ome
Tax and free of the Pennsylvania State Ta.". and are rated Aaa
by Meedy's Tiives-ters' Service.
Harrison. Smith & Ce.
INVESTMENT SECURITIES
121 SOUTH 5TH STREET
PHILADELPHIA
LOMBARD 6100
Pritt In
Rele Due Yitld
4-2 1927-1037 4.10
5 1936 4.10
4'2 1933-1948 4.12
4 '2 1952 4.15
42 1934-1937 4.25
4-2 1928 4.25
t.ena StHr
Ore ....
Hiil Hills
Silver I'lc!-Hpetirl-ail
.
DIVIDENDS DECLARED
Standard il '"'eiiip.iny of Ohie, extra Jl
end quuriirli $.1 en common, both mv.ible
JullI'llX 1 IO HtlH U Of I't'Curtl NlH. .!!.. l
Cumberlnnil 1-Iph J.im Cempanv, iiimUM 1 Hllltnp
IllS a Bh.ir Prtjcibli December IS te uteci 1 Kurek.i i''0"si:,i
f rril Dt'-mti-r 1. u T.ureli.i Mull-. .
I'liiifid.lphiii (ii'rinnntiinn and Norrlate-n I Ifela
lll..-ii..l i'..iii ,.1111 . f d.l.. .. .' " " IM...I.
Amrare
Arl-iena I'nii'il
falijdenln
"ilnilarla
cninin siimr
MI.sri:i.t..Vi:nis-
ml
11
lis !
i!S 1
' I ,V I
.'I
III
Reitrve lankt' Dliceunt Rates
, Supervised
Securities
Yielding
Seven Per Cent.
The R. L. DelUngs Ce.
fluifeV, of Bhiwm-'
Walnut Street
Ii
bendi. pDr, (iccept.
Offlelnl redleeeunt rates at the twehe Fed
eral Reeene UnnV. nr. at feltewa:
'Irene, i.ip. tini 1 iiKr.!
cire. pep
Doiiten 4 4
.New veru , ,,
Philadelphia . ... 4 . 4,'i
I'liiielniiit 4' 4n
ll'ptminnd . . . 4,'j 4,'j
Vllanta 4'.
I'hleaae 4 4
St I.eule , 4 '4 4'.
Minneapolis 4', 4,'.i
J-fuieaa CWy . . . 4i 4V,
Dalla 44 4'
3an Krancl.ce ..4 4
4
4
4'e
V.'
4U
ill
414
41 41;
4'v 4U
Vi $
Raw Sugar Active and Firm
N'e-.T Yerk, Nev. 10. The raw rtiaar mar
t Ih fairly actUe p.nd II rm with l.'ubia fei
l(t le fairly acin.; p.nd llrm with (.'ubaa for
Nat ember nnd December ehlpment nuated
nt tlvc, coat nnd freliilit A feature or the
c. inner..
ii calvea, llOWIo.ae.
BecclPte. . l wiw- .
WeftK tO BOO ion... irj ,!:
i. .. . . 1 n'.ai pnu aia.i u. tu uai m-
LViV'Sv'Val.rfMdrr.l dd'n aeun.1
leleana bulla,
S.BSQa: bulk
BHfiEP Ret
lamba epenlna weak te 8M lower. rr
nattTM.t4.5n. te elts- butcherji J4
picker ter f4aiW..l.rn.. l MO.
ii:. "yeVdr ni-Vund ;" -sp-'
ltt TnurRaavt t)if.-. pr' -
"-4
I' 1 I
Mpnnlsll nnd Dutch down 1; Nerwnv, "I'le Pcri.r I te ttecli of lecerj Netimll'.- ' 'oilier I iiile .... '
i una marus M-1U. nn cuihhdii iipI 'I ;. im urtr-ncil, Ifltn ' V st,wc.BH 1, 1.
SteiiillJt cnhles were 4.4.i"i, denillllil yt-'e Jnnu.tr 1 w kincl, of re-01.1 December 'Vfepn .Mlrnu
S-,J'',! !. Hflglnn cahles r..0.". checkn' I'r n ' .rr.-i. pat....e y'ti",.' Wnbeit . . ej .
5.04VI; lire cahles l.-jn'i. ehecke 4.L11: 1 i""';i"lU,',' ' ,"li.r'1 ,-"i "ilt. ' l'- w,Mrte,i - j
Swiss enhlen 18 UO i-hn-kH 18.23 ; pe: I WJ. e1',;.' , ,J ' U nWW - '"""'"
cables 20.14. checks 20.110; Xerwnv en. . 'Ilf!,.'.n'" ",: ''"'"'ii, i'imir.n. mmr. I , WAil.it niiMi'.
u i e -e' ."i nJ -n' Sw?' l' "!,r:i'l.-N',;,',nlr,r,r0 , , "" calt.-l for by tlm presldcm ,,t n m
bles 20.i8, checks 20. t.1; guilder cables . rh'Mi"V "'' ,lnllre1 1 Himium, m,,r. ,'he I'oramen feun. M of- v.nmer 1 i
30.18, cheeks 80.0.1: marks .01i. ITLJllll, Cr,,.m!ll;. .'.';!: al'1" '"ini'-r i 1 it tu h- council i-h.mii.er ' .
. . n." . . - ....-. '., I !ll IIT 1 II. ,l- ,11'ir. III! ..I, I' III!'. I
LWWiwMr40NwicrH i jfiyillH .
lAmtXW cowienwu.th TvUi'-sei' "
-MBifljaf TFU,T XUuiQ-
DEPOSITS
b-Octeber 31. 1921
$7,0.'U,007.54
A-ii-H 29, 1922
S8,149,914.S7
October 31, 1922
$9,321,94(5.08
COMMONWEALTH
Title Insurance and Trust Company
N. W. Cor. 12th and Chestnut St.
dki-esii's
iri.t: it it im t:
Ti:rsT
HUM, I.STITi;
JOSHUV It MOlttiAN,
I'ri-sidenl
m r. in rnsir
IM. I l Ml
.lA.MKS V. KI.I.1SON,
Tr'UHtircr
Plttabnrsh. Nev. 10. -HOtlS lfiMy
R00O head. Sieadv. Ili'inlen. $s,,niiH.H3!
i.i.vv .nrii.r.. IH5U: I it er!-rn and
nil.. ' ine in
'TtlllTRI AND I.AMIIS
-".""-7.1 'I.. in.....
TESTEHDAT'H (.'t.OHINd QUOTATIONS
Sterllnu rrarn-a Lire riullder.
Demand 4.40V. H.S4H 4..1J in 04
.'able. 1.411'i il.r..V, 4.82'i SU.eit
TODAV'H Ol'KNINO Qt'OTATIONH
Sterlinir I rune. I, (Judders
. 4.4.1'. ii in, 4 un :m ,)-.
.4B. II 441 4-JUI, an'te.
MONEY-LENDING RATES
fei till-
r nn i'
il b
Demand
CablM
..n.
AND I.AMIIS - lw'P'".
head. Hiendy. rllicep. s; l.imu, '-,;;',
i-At.VKi-llete ute. L'eO bead Stcadv. '
Tep, II'-'.bO. . Wftthlncten. Net. in Incr.M.e. nf ahem
,w in.-, i.in in rates i, ii iiitiii'iir neuis. prod
I. C. C. Suipends Rates en Meats
XKW YOKh Mop n mil
cf (elliitei il npi-r.fil nnlii ii,
for Icnillni; .no ruifiinii-
I'llll.Mlt.l IMM i. ill. ;, l(.
Iinih cl.iss. s
'i n.'i ,..'it
t I I CHI
U'eiulii ;, i
tu. u'lal
H-IPt'l. lure I , t,i
Safe BnrlD Cw
--..., lur investment
ey, Stuart
'l.w. -wnfc.
JT ""ilij,
nmrKet late eterday n thu aalt- of Minn
lone t'ulma for February ehlpment te JIurepe
at t"a Hid, r. I. f., Antwerp. Other aalei
Included 'JO.neu limn r-ubim for Newmber
slilmn.nt. at ,'lAc. ce.t Hlld frelKlit. te tlie
Mneilcnn hmar P.ennlf.ij Cempnm. 'I lie i
'nciil 1 1 lined market 1 tnederateh anive
iiiiu uiKvinntli: I. turn nt iiriv- rnimu s irent i...
11.00- le ,c. Ie '-' ier cent for c.i.h ,!,-,,
.. nZ
. - - -
Eaet BulTale. N. Y Net- 10 t'AlTl.tl
necSlpta. aii) heud. Steiidr. , Oaltea, r. -celptel
TOO head. One dollar higher. I5
1 ilu'UU Rerelpta. 7200 head. !oed. nteadjr:
ether.. ltlWi'Oe hlrher. lyny. tP1tU.10i
mled, jerkt-rH. Ilnht vorkere nnd t.lga.
an 'OWP.S: ruush. 17.2 u . etase.
'Hlli:nP AND 1.AMIIS . Ilerelni,, 1000
head, l.umba, .'."c hlsli' r. 3iHi I.1...0.
Liverpool Cotten
url. and meata which .seuthweatern rail.
i.rlulnallng In Te.ia and Oklahoma naclni I.herpoel, N.-i 10 Spot coiten nni ,1U,,
..nl.F. .....I .I....1. I .... .11..., 1 1 ..."n (i.l it l.h ,1.,. A. .I..I1I1 ... .... , . ti' ,
w.....w muu iiu.uueu uu ..iin.iniipi ItlVer I T ' '.' -'. - V- "' "m OHIMh ci r
riti
1U'-:. ut H n'lluil. I. M.
I Hun 0011 Wntnr HiiiiiIh,
'I'liOhc I enil. rue tiri
I t'.'Oll.OiHi Wiler lliinde nirtiei'
I'ltv i'iimiicII
Sold IiepiIh .hnl 'n 1 ite ,li'n. n 1
I of iiii.i thou. and !,. n 1 liliniiii 1 in I,
dated AUKtl.t 1 ri.".', ', Htu imn.
1 1 1. no cf IKe 11. . , .1 r, 1 11, - .,
piis.iblt" minil-jmiu i"j . 1, il'm 0 , -'KWiruarv
,tin Aiitun i , . . 'enr
md lai.tdn hhnll I. 1 umi l ' "in !
.no. tietll Ipelu.lM nn I si' 11' man .
nutriMicnl erder u. i .
I Nn, mi nvj. in", 1111 .,,,! in-, ,.
KiilliiK fltr theiiKaiid i,i.i:,i . il.'iiiiini up '
nrm ii.iy of Alumni It'U.'l md llm-i- !
of t' e next lU'Kislini; iniinl. a iik-sn ,
no sum pr inn miUMinl iliiilnta (Jre-
ppfniiiLiiir
C
U.S. Qertlficntes and Treasury Notes , .S1'" I'tiiimicipiiia
Yfrl.1
Consolidated Expels Member
1 New Yerk. Nev. in. C.irnJllus ' Kelle
the Couaelldatr,! Hteck llxchanae. This an
nouncement wae leadi frem the ; reatrum cf
the echare t;- V. H Hllkwerth. preeldent.
thla nternlnB. Jlr. Kelley aa expelled for
violating that arctleu of the. rule which
Mnlurl
i-t
He?., 102::.
Hec. Ift.'L-
t4 Match, lp-.-a.
'UU
inn
e.l
lean.; were temnerr ly'nulllKeV SL .. l fj ' Tlie .al,.7V Iri ;..,! Imlc.VTl,:' :::::;' ! rVrTi' .. " ,",.ur. .. " , 'V" - ' 'V
lh.- IMeratate Cemmerc" i'ntnmUi.len, whlrh ""'' ,3eni) 'l.'1" ,,r wl,lch -ft" hale. vir.. of Xiinu.t ii-j . ......h .1.. n.s
ahother the .ncrcas.s ere rca.enub.c. , ll j 'l '.tf Wl5lrn K" " ' '
ndddllnc. l.M-'.l nwl tUlinn. 11,511 ii n 1,1 ,, , Ji,r ,, " 'Y" ; '
Lecal Exchanae Closed Temr.. eidinnr,. h iw ' li - "',-''' " "'",' .'l'(: ,.''.".
btniN ill I-" .. .,- m . 1,
iv lif'tirf!
'aullfy of an aet dttrlmentaTte tha welfare
Ipfthe oaeaaese. .;
t .-!; .time,
J'c.'-J
IIC.'M
1112:1.
tBt. Hett.. IDL'4.
4i March. 102.1
t,1V. Hnt
A.UB ....
T-en enn"i
Hlii'-k CMhanei, nn.l
inn. iiiii m in tin. ..u.. .. ,,,
i.e 1 In.eil loniuirew. , i inist tc. n,y ,,ln,.
ioe:i.n-j a..m . ,,'.u 'VA- h; ..' .,."?. "" nu in
i.m :-. us ,1)11 n.iii h;:i wini; eVin s,,,,, uutl.,
UH 1a.n1 iiiii 1. ill 3,ni
nn 1.'.. in icn i.im a nr
Bosten Marks Up Call Meney Rate
npMen. .y. in. Leidlna bank. hm.
lei I. c 'i in
.'i leHnjllillill.
fAcAai
aue en,
iaTe of 1
de 15-10 letl I. in a.ni
101". uu Lin 4. an
ion;, tool, -(.a.
i income ai
teiC Ufe.. 102S... IlliN J51) 4.nT
teJT March. IB20.. 10rt ll , 4.4t
teJU Sept., IBM... 0P ,?"e 4.83
eeaemBt from Fedei al normal Income las.
I'lu'ii
llj.luli
I'l I' 1 n'llK.IICil v 1
,1.,' IMI I 11 ., ),
I". tn2i 10 11
ST.IHIil I'll!'
,-,3'u0ll 1-1,11
inari:ed up the local rale en call mnn...
ireni D.per.cent te Mi per cnt. The in.
Londen Metnl Market
i.iiiiiiii, .m i" -"ii'ii (i r'nnnei in 1
I, 'i
I i'
ni'inie
1 V' 1ml
iiiiviun 11.
I - '.lhini, n ,, ,
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DO YOU NEED CAPITAL
FOE EXPANSION?
$400,000 te $750,000
We are ready le finance a Philadelphia
Industrial with .in established reputation
qualified te meet the requirement'.
of llie Stene Plan
Ne Promotions Considered
H. A. STONE & COMPANY
1130-38 vV'olcner Building
Philadelphia
Spruce 71B3.1
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