&$W$fffffi!& fffil 'V r" v ,.' EVENING PUBLIC LEDGER PHILADELPHIA, WEDNESDAY, NOVEMBER 15, 1022 pp 24 W It, r ! E. H. Rollins & Sens FanMM IMfl Invesbntnt Bends Mil Chattntit St., Philadelphia I Fhone Locust MOO Bten New Yerk WllkeSnrrc ?AU t?.t m $ I MalUmere Chicago San t'rant.tece Tmx Refund In Penneylvanla The Power Cerpera Br- tien of New Yerk First Mortgage 6Va Bends Due November 1, 1942 These Bends are secured by a first mortgage en income producing property valued t mere than double the amount of this issue. The entire output is contracted for at a price which is mere than twice all mortgage bend interest charges. Price 100 and Interest Te Yield 6.50 Dctcrlvth'e rirciilar en request i iffcr i Hershey Chocolate Company 1st Mertaane Sinking Fund 6r'r Geld Bends Due 1912 FREE FROM PENNSYLVANIA PERSONAL PROPERTY TAX Price te yield about 6.10 Circular en reque.it The National City Company Philadelphia I4J7 Chestnut St. Atlantic City Cballentt Black 122S BeardwalU Satisfactory Security Earnings and Market Let us suggest for your consideration railroad, public utility and indus trial bends that are ac tively traded in, and are se well protected by property and established earnings that they have been approved and pur chased by conservative banks and institutions. Inquiries Invited Hemphill, Noyes , Ce. Wamb.fi Nmw Yerk Stock Eichmfr .. Franklin Bk. Bldg., Philadelphia j tiT0'! Pitffbufh. Bo,ten Scranton L Angeles Albany Syractue Baltimore Wilmington Bridgeport .'.' c Louisville Gas and Electric Company 1st & Ref. 5 Bends Due 1952 This Company and its principal predecessor have been in successful operation for ever eighty years. Pries 91 V2 and Interest Yielding nsarly 5.60 Harris. Ferbes & Ce in St., Cor. William NEW YORK PHILADELPHIA OFFICE Wldaner lldg. Telephone Spruce 7040 lr Jeka Wantmtker Cempanjr lit ft 1932 4Ublt lllumin. Gti Lt 5. 1928 Astirictn Reid Machinery Ce...6'i 1938 Uliseil Central Traction S'i 1933 Dtcarur Railway & Lifbt Ce...S'i 1933 Sharen ft N.wcutU Railway. .S'i 1931 Pmb Stabaard St.tl Ce 7' 1923 ftloea'ton & Nermal Ry. E. & H. S'i 1927 Striaifitld Coniel. Wattr S'i 195S Aneciattd Cat ft Electric. .. ,6' 1941 Aaarican Pip 4 Construction Sleck SAMUEL K. PHILUPS & CO. : n p, K.mbtri Phlliit.lphla Stoek ic!ianct .VI Vni.QinUl DIAMi .1 CWM 1.1jKJ iiVJ ! il rl II III l Hfllllfl HHI Bl I rnier. iviuvLivicni SBlJpifl Short Cevering Brought an Early Rally, but It Failed te Held . . Pairs 100 100 VI 000 2700 100 700 1400 200 100 6S00 100 100 500 100 100 100 900 100 eoe 100 600 tee 2010 700 eoe 4200 1300 tee 3500 4000 200 200 100 2600 1000 800 200 300 200 4700 100 tee 100 4400 1000 700 50 100 2400 100 500 100 200 100 1100 13600 100 OeOO tee 700 New Yerk, Nev. IB. There wn every linllcutlnn of nrsnnlr.eil Mipiiert under the market during the early truiltiift tndny, which net only served te cheek the Heed of liquidation, but nl.wt reused mne of the mere nrtlre operators of the renctleunry piirty te Htnrt In nnd reduce iiittnmlliii; nliert rnmmUmentj. While the price movement vn unstable yet there nppeured te be 11 growing re re sNtnnee nKtilnxt Helling pressure nnd during the met of the uieriilnir the mere uetlve cpeeuhitlve favorite were held close te or above last night'it final quotation-'. Although the market did net nhew very eneeuraglng rallying power there wiim every Indication of n technical rally being close at bund. Thin does net mean te Imply the end of the llqul datien has been seen, but there were many signs present te Indicate the downward movement from a market technical viewpoint had spent Its force. Thl was confirmed te a large extent !y the well-defined symptoms of the selling movement having been carried tee far In various Issues demonstrated In the hurried covering of the short Interest In numerous parts of the INt. This short covering and the emer gency support afforded the market cenn, ter-balanced the further heavy llqul datlert met at the outset ns n reult of overnight margin calls. As n matter of fact, this continued liquidation of im paired speculative, accounts gave the overextended short Interest an excellent opportunity te reduce these commit ments. Otherwise It Is reasonably cer tain the rally during the first part of the forenoon would have reached much mere ninterlal proportions. As naturally would be expected, there were some few weak spet.s left,, but these comprised stocks ntfected by local developments, such ns Consolidated fins, which sold off sharply because of the disappointment ever the capital re adjustment plan, which hnd been pic lured in altogether tee high colors, ''retn a seutimental angle these indl Idual leftover soft spots were offset by he apparent cessation of the liquidation 'i the foreign bends and domestic is tics. The rapidity of the recovery caused me realizing, which lowered I'nien '.citle, (iulf States Steel. Chicago Northwestern and Utah Clipper !! points rum their best prices. Weakness also vas shown by Drewn Shee, (leneral merlean Tntik. Delaware and Huilum, 'ruelble Steel. Canadian Pacific, ltnyal )iitih. Vlrginla-Curellnn Chemical. ilmttuck-Arlzenu nnd Jenes Drethers Tea, which fell 1 te 2i points under I'sterd.ty's final figures. Prices were ending downward at midday under the a eight of realizing sales, which wen. tee ?22 100 9600 '00 300 100 300 ..22 1400 300 100 100 2400 600 1100 400 403 100 100 1803 1900 !00 300 300 400 300 unite effective in the steel group. Iletli- Miem D falling a point under yester day's close. 300 100 200 100 100 2200 2100 2030 100 100 3600 400 100 73D0 200 100 6700 100 100 3800 bOO 100 100 00 Commodity Markets GRAIN MARKET Chicago, Ner. 14. Notwithstanding a hesitant start, fresh strength quickly developed In the wheat market today. ' Active buying en the part of houses with Kastern connections was respensi-1 ble for the upward swing of values. 1'n certainty at the outset was associated mere or less with news of the ever- ' threw of the Wlrth adminstratleu In ' (tcrmuny. but offerings of wheat were scarce, and the market readily ad vanced when buyers became aggressive. I The opening, which varied from 'c ' off te Mic up, with December .t.l"!li te ! $1.17Ts and May $1.1.V8 te $l.l.-4. J was followed by a moderate sag and . tl en by a sharp general upturn te well above yesterday's finish. I 600 Cern and eats largely paralleled the I 1889.$! attien of wheat. After opening e te '00 'e higher. December "O'sC te "O'ic. -ir? tliti mini mitpl'nf nmlrvifir n lltil.. ir. I DJJJ back, then rose above initial figures, I December touching a new high price' record for the season. 1 (lats started ic te Vf lower te ',c I higher, December 4294c te 42',c nnd 100 103 JO 12Z00 200 2900 200 400 600 100 100 3000 200 1000 100 500 700 2000 3)0 300 200 7000 2700 103 3000 100 203 300 1600 2000 3000 100 100 100 300 700 11500 100 100 tee 500 100 100 2300 1200 100 100 2900 1900 600 100 1600 1900 100 100 300 900 100 1100 200 later scored slight gains all around. Previsions lacked support. Cern . Yest. cleu. Opn IS M. ;', 7m'-, 7"i l.U1. 1.1'K l.O'.S litre ruber Mav ilujj 1.17H 1.1J l.es't ie, H ;u' July wneai December I.17'4 1. 17, J.J.'. ft 1.154 1.0.V, .Miiv Julv .... uats Drecmlier May July Hye Dt'cunibtfr Mav 42'i 4.) a s7S 87 4 fcl'4 85 '1 i.iiru .Tnnuarv . Mav . . . illd. eus 10.23 .10.32 COTTON MARKET New Yerk. Nev. 1.,, Mnny traders took ailMintage of the break of 1." te 11 points in cotton futures te buy eon een tracti. at the -tart today. Thi's was especially true of old bulli, who sold out above i.'tl 1 cuts for December. The trade ali-e was a heavy bujer, nnd there was mippert, likewise, freta New Or leans Interests. Offerings cntne from foreign houses and were in the snapc of overnight -elllng orders. Later the ll-t steadied nnd rcisivered mere than half of its initial less isi in ' r-n 1 M '.''lT1 25 8'J 2.-, A-. I'nmber , n . . I.Mnrih . . T l-y 7(1 2.1. .in 25,ll 25:17! .vnv . . . July .... uetubfr . . . 25.22 21. 'Ml :.i I.-. NEW YORK COFFEE MARKET New Yerk, Nev. in. The local cef. fee futures market opened steady this morning with prices unchanged' te 1 point higher. The volume of business was iigni. Yeit. vnn . . n.5n!i , . 11.27 "'2H . . 11 114 fr ml . h.suis2 ,. .ftfi4! Dwembir , March Mav ... ., Julv September li 57'5'i e 27 5 211 li fi4 fin? s.sl '11 s.i M013I2 Reserve Banks' Discount Rates OfTl. Iri I rellKfuunt rnir. u, ,v.u ..... , . ,erul lta.jrg l:iink ure tun: 1 ru. i.in. cem'l llkm. 600 clN. Henfl H.ii.'n Arcuit 4, 1 i , rinnten . , NVw Yerk , I'hllndelchla l'lHvlunl , , . Itli-himnl . . . 'Atlanta Chlciis''! ... Kt. l.iiuln .... Mlnnrnpellii , 1 KunniiH iMiy , Dalian Wan 1'r.mclnce 4 I j ir m ii 100 1100 1000 3500 200 1500 600 2400 100 500 100 1200 1100 100 300 300 SI 00 I-- M, 11 4'i 4U 44 44 4U 4 I4 4H Vt 4'l 4S IS 4S BANK CLEARINGS llunl eledrlnirs tmlny rnrniutreil with cor cer risiuinlliitf Uav last two nrn. 1UJ2 lll.'l it:e riill.1, . 5IHl.uiie.unn IHI.uiMi.iiiiO S5,S7S,3fll Nait Expelled Frem Trade Beard Clileiiini Nev. 15. Thnniun ,S'at has lif.-n fXpulUM fmlii tli C'.iCHitii lOunl nf Trmle. BANKER DROWNED AT 8EA NeealcN. Ariz.. Nev. in. Wllllnm II. Itrnpli, Western bunker, who was cruising In the Uulf of C'ullfernln with n party "f Xegnles huslnes men, wan 1 au-unt uverbeard at nicbt In a fierce ateriil nnu wtn, .fnjMH' aurfev rtcttrra .nwreifrxxTv""" NEW YORK STOCK EXCHANGE TRANSACTIONS Only Afternoon Repert in WhllmMnhfm Quoting Ml Utt Dlv'. in I ,. 10 P.M. STOCK Itleh low 75 59)4 13 71 113U 41 30 3AA 71 69 177 6 19J4 6 11 V 66J4 105 87 28 Vl 1114 31 H 54 121 46 7K 194 54 I38W 41 H 6814 105H 30 H 60 Yt 121 U 149 147 tf 27 47 !4 87 93 29 17 49 47 li 1 61 89 Vj 113 100M 92 H new Ui 24 19 27 122 54 116Jj 44 U 60 271, li 40U 96 65 H 6i 9 27 Vz 1 17 J-i 15W 12?', 117 55 98 128 A2 7!i 30 Bi 81 ?i 49 7',4 139H 35 72 37 V 57 H 70 102? 4 31 56 !', 5 10H 25 H 38(4 83 Vl 122 80 34 C4H 5H 2614 23 y, 62 Yt 7214 26 H 44 103 2H IO" 48'j 64K 33!i 125 10M 94 124 34 122', 46 t 64 93 18 10?, 33 ' 26?', iZ 13!i 1 27 lOUJi 40 H 5 155 P4 14 5314 10 C5H 118 1H4 18 12 89 !i 153 1 1 0 '.4 93 11 s, 18K A5X 68 78 104 174 103 1 4 ', 81 J' S6 !4 381-4 5J4 30 14 2214 05 33 23K, 76J4 82 82 -7!4 2014 21 4 100J4 33 ? 1 31 Vi Jlli 22 Ji 23 103 HOW 11(4 48 13K 75 50(4 ?3 MJi 40 17 94 47 18 5314 2H 0H 4014 1. Armms Express..., 75 4 Air Reduction 59 V .. AJax Rubber 13& 4 Allied Chem A Dye. 72 1 Allied Ch A Dye pf1134 4 Allls-Chalmers .... 41 .. Ant Agrle Chem... 31 14 .. Am Mescli Magneto. 34 4 Am U Sh Fdy new. 71 .. Am Can 70ft 12 Am C.r A Fdy 177 .. Am Chicle 6 .. Am Cotten Oil.... 20 .. Am rru; 8yn 6 . . Am Hlde A Leather. 1 1 V .. Am Hlde A Leath pf 66 !4 I Am loe 1t6J4 Am Ice pf 67 .. Am Internnt Cerp. 29 K 1 Am Ln, France En 1 1 54 .. Am Linseed 32'A .. Am Linseed pf.... 54 Am Locomotive.... 122ft 3 Am Metals 464 M Am Safety liaier. 7H .. Am Ship A Cem... 2014 .. Am Smelt 55, 12 Am Snutt 13014 8 Am Steel Foundries 42 .. Am Sugar lief.... 7114 7 Am Sugar Itef pf. 105H .. Am Sumatra 31 8 Am Tel A Cnblc.. 60 9 Am Tel & Tel 121 12 Am Tobacco 150 12 Am Tobacco B....150 .. Am Waterworks... 2714 .. Am Wntnvks 6 pf 40!4 1 Am Wholesale pf.. D714 7 Am Woolen 94 .. Am Writ Paper pf 2914 .. Am Zlne Ld A Smelt 17 . . Am Ztnc Ld & S pf 49 .. Anaconda Copper.. 484 .. Assets Ueallzatlen. 1 4 Asse Dry Goods.. 6214 7 Asse D Goods 2d pf 89 4 6 Asse Oil 113 6 Atch Tep & San FelOI 4 C Atch Tep & S F pf 92 7 Atlantic coast Llneltl .. Atlantic Fruit 1 ft .. AM CSulf A W t S S 24 .. At O & W 1 S S pf 19 .. Austin Nichols .... 27ft Baldwin LocumetlvolM 1 Baldwin Loce pf... 116ft .. Baltimore A Ohie... 46ft Baltl A Ohie pf.... 60 73 5U- 14 714 ifi 113' V 412 30- H 34(4 li 71 Ji 70J4 2(4 177 2 6 1 19K 6 1114 .. 66(4 106 87 -29(4 -34 - 121 46 - 7K 20 - 34 138(4 41 70 103H 30 60 J4- 1214 149J4 147(4 27 - 48(4 87 93 29(4 17 49 47(4 1 -62(4 89(4 113 100(4 92H 1104 1J4- 24 19 - 27(4 124 116(4 45(4 60 27 - (4 41 (4 . uamsaau class A. 27 ft Batepllas Mln .... ft iSe Beechnut Packing.. 41ft .. Ileth Steel pf new.. 96 6 Hcth Steel B 68 ft .. Beeth Fisheries.... 6ft .. Urlt Km Steel .... 9ft .. Brit Km Steel 2d pf 27ft 8 Brooklyn Edisen ..117ft Bk,'n "P'd Transit 15ft .. niclyn B T ctf 13 8 Bklyn Union Gas... 117 ? .. Brown Shoe 55 7 Brown Shee pf 98 in Burns Bres A 131ft 2 Burns Bres B 44ft .. Butte Cep A Zinc. 7ft .. Butte & Sup Cep.. 30ft .. Cndde Cen OAR.. 8ft 6 California Packing. 81 H .. California Petrel .. 49 .. cl Zinc nnd Lead. 7H 10 Canadian Pacific . 10 .. Central Leather .. 35 ., Cen Leather pf.... 72ft ., Cerre-de-Pasco 37 J, 6 Chandler Meters .. 57 H 4 Chesnneake & Ohie. 70J4 9Q 67 6(4 9 - 27(4- 117(4- 15(4- 13 - 1174 55 - 98 1304 42(4- 7H 30(4 8(4- 81 - 49 7(4- 139 Ji -35 72(4 37T4 1024 4 31 56(4- 5 38(4 84 122 -80 344 E4 (4 -7314-26H 100 6i Chesapeake A Oh pf102 Chicago A Alten Df. 4 .. Chi & K III 31 .. Chl A K III (new) pf 56 ft .. Chicago A Or Weet 5 .. Chi & Gr West pf . . 101 .. Chi Mil ft St P J6ft .. Chi M A St P pf... 39 5 Chi A Northwestern 05 ft 7 Chi & Northwest pfl22 4 Chicago l'neu Teel. . 80 .. Chi n 1 ft Pac 35ft 6 Chi B I & Pe fi pf 66 7 Chi It 1 & Pc 77 Pf E5ft .. Chile Copper 26 ft .. Chlne Copper 23 ft .. Cluett-Peabody .... 62ft 4 Coca-Cela 76 .. Cel Fuel & Iren... i6 3 Cel & Southern.... 44 6 Celum flas & Klec..105 .. Celum Ornphophene. 3 .. Cel Oraphophene pf 10ft 4 Cem Solvent A.... '0ft 6 Cemput Tab Uec... 64ft .. Consel Cig.ir 34 ft 8 Consolidated Oas ..128 .. Consel Textiles ... 10'$ .. Continental Can ... 95ft 4 Cern Products Hef.lZ6ft 7 Cern Pred ltuf pf,.122ft 4 Cosden A Ce 47H .. Cruclhle Steel .... 67 7 Crucible Steel pf . . . 93 .. Cuban Am Sugar... 19ft .. Cuha Cine Sugar.. 10ft .. Cuha Cane Sugar pf 33ft .. Davisen Chemical . Z7i .. Debeers C Mln Ltd 22 ! Delaware A HuIsen1.3ft C Pel Lack A West.. 1 29 ft 5 Detroit Edisen ...109ft 2 Deme Mines 0 .. Duluth Se S A A pf 5 8 Du Pent (K I.) Ce 1 57 S Eastman Kodak ... 84ft 3 Klee Storage Hat.. E3 .. Elk Hern Ceal.... 18 S Eiidlcott-Jehnsrin .. 86 ft 7 Endlcott-Jehnson prllOft . . Erie 11ft .. Erie 1st pf 10ft .. Erle 2d pf I2?4 8 Famous Playtrs L EOfi 10 Fisher Bedy 153 7 Fisher Bedy pf 112 S Fisher Meil of u pf 93ft . . Flsk Rubber 1 1 ?i .. Frecpert Texas .. 9ft .. General Asphalt ... 46 4 3 Uen Am Tank CO C Genernl Cigar .... is 1 Gen Cigar ili pf..,104 a Gen Electric 174 .. Qcnl Elec speclaj pf 10 ft 44 1044 3 10'4 4814- 64H- 34H 126 - 104- 94 - 125(4 122(4- 4714 66JJ 93 - 19 10J4 33 (i - 274 22 123(4- 1 9 14 1091i 404 5 156 - 84 14 53(4 18 E6(4 11814 11(4 10 12?4 90 153 11014- 3 J it 1194 19 T -70 -- 104 174 (. '0(4 14U r CH4-i6J4-38 (4 , 5'4 23(4- 914 77 1(4 0? 14 82 6714 iOu- 21 4(4 1 08 Ji - 33(4-M-1 31 la - 31(4 23 23 103 II614- 11(4 4UJ4 -514 23 - 40 f. 1714-47(4-1QM-53J4 2H-40H-"1(4 General Meters UH 6 Gen Meters deb f,'c 81 ft 7 Gen Meters deb , Glmiiel Bres .... . Ge ilwyn Pictures . doedrlch II V ... . Orauhy Mining . . 7 Great Northern pf 5'h i0i4 F63i 4 Grt North Ure ctfs 33J-J , Greeny Cun Copper 23ft , Guantanaine Hunar 9J,1 . Gulf States Steel.. 7b , Ilablrsli.iw Electric 1 54 7 llurtiuan Cerp .... 2yt 3 lleiuestake Mining. 82 . Housten Oil 68 j 2 liuduun Moter Car. , ujj 1 Hupp Moter Car. , , 21 . Hjdraullu .Steel ... 4 7 Illlne's Central ... 109 54 . Inspiration Cen Cep 53 j . Inter Cen Cerp.... . Inter Gun Cerp pf, . ) Inlnr AnHrt . 11 riu (fi lia 100 2',n Intermit Cutm-nt 31 ' 2 Inter Cem Kng.. 2A 400 .. Int Great North. 23 300 5 Int Harvester new, 103 " Int HarVLSt new pf 11 G 14 .. Inter Mer Marine.,. 1154 C Inter .Mer Murine pf E0 . Inter Nickel 141,4 0 Inter Nlcliel pf .75 .. International Paper 51 J', .. Inter It.ipld Tran.. 2314 .. Invincible Oil Cerp. 14; .. lien Products .... 40 .. Island Oil 14 .. Jewel Tia 17' 4 Jours Tires Tea..,, 4814 .. Kan city .Suurtmin. 19 4 Kan Clly e pf 53ft ,. Kansas & Gulf,... 214 .. Knyser A: Ce new.. 0 .. Kclly-.SprlnBlleld . . 42 Ne Change In Rnw Sugar New Yerk Nev. IE. Tin run' miuur .... kit Is fairly cll ! unrhX" ' W CV'ia"i ,..r &""-' "nd H-c" .1 1, r !"hlr.in. it Quoted atc. riwt and tn-l.-ht. On TuVi. dy. n nrwrnMr Imuiht toen ten new crmi DIVIDENDS DECLARED Merventhulcr I.IiieIum. Unmpany. quarterly -';i irr niH. ii.nuliie fjrecmuer 30 te aioek nf rc-i'iird DwpmlMr 11, Humturd Os and Kleetrla, eusrterly U ret cent en preferred, miyable December IS iu tlerk of ricerd November 80. . .. . . . in ag per cent en .----" ... ....... 'V'.K.Si.il''"iJK ?. ". I eenu en common. 71 TC R'm ...w.iierp, ana wwe Ce Meck. ' 10 "lock.ef record - . i.r vssar tnunn ' UIV . . Dlvv "alta in I WRA1l tfflat. Lew 31)4 78 83 31 H 23 ?2(4 aiuu 2400 100 300 200 100 Kenneeelt Cenner . 31 44 .. Keyatene T A It..., 6 7.Krest 8 S 182 .. Lackawanna Steel . 78 Vi 7 Laclede Om of St h 83)4 . . Lake Rrle a Wait. . 31 M 9 Ta ni.t.k.. 9n 100 ?222 8H Lehlfh Vnllay 63(4 1Z29 Umt Locomotive... 36 H DO 8700 .. Loewa Ine IBM 1 Left Candy 124 12 Lerlllard (Pierre).. 188)4 T Leulavllle A Naah..132 . . Mack Truck S3 Magma Copper . .. 30(4 Maltlnaen Ce 30(4 7 Malllnaen Ce pf.... 83 . . Manhat Kiev etfa. . . 48 2 Manhat Shirt 33 U .. Market 8t Itwy.... 8(4 Mar St Rwy pr pf . . 68 4 Marland Oil 32(4 2 Martin Parry Cerp, 23)4 .. Max Meters Clnaa A 43)4 .. Max Meters .Clnaa B. 13 1 Mctntyrn Mlnlnv ..174 May Dcpt Stores. ,. 162 13 Mex Petroleum 212 Mex Seaboard 18 , 18)4 100 100 100 1000 200 1200 100 800 1300 100 600 2100 900 800 1600 300 100 800 132 82)4 30(4 38 49H 29 42)4 Hit 182 210 if" 274 1 1 H V (4 J4 'A li (i A lil 14 li 2H 300 300 66001.80 Middle States Cerp. 11 H 6100 100 300 100 200 4100 400 100 300 100 100 10 300 100 100 600 100 1200 1300 700 1200 100 4800 600 Mid vale Steel 284 Mln A St Leuie.... bh A . . Me Kan A Tex (wl). 131 : (wl). 1B)4 13)4 rl) pf 404 40M fle .. 17)4 17)4 2H 1(4 1(4 H MeKAT lltl . . Missouri Pnelfle .. Me Paclfla of 47! 46)4 3 Mentana Power' .. 68 .. Montgomery Ward. 204 1 Moen Moter Car.. IS Mether Lede Mining 10)4 . . National Acme ... 11 IB Nosh Moter 313 7 Nat Biscuit 243 . . Nat Cleak A Suit. . . 57 . . Nat Cen A Cable. , . IK B Nat lCn A .Slump... 63)4 7 Nat Kn A Stamp pf 100)4 6 National Lend 111)4 . . Nev Cen Copper.... 13H 6 N O Tex A Mex... 81 ..NY Air Urake 31)4 .. N Y Air tlrake A.. 48 5 NY Central 94)4 B N Y C A St Leuis.. 83 B V V r. jr. S I, 1st nf SB 68 204 10$ 11 SIS 24S 37 14 100 4 109H 2 93 K 83 98 26)4 23)4 21 118 83 23 78)4 37)4 2(4 184 36)4 i 80)4 B354 4K 104H 46)4 .34 90: 294 67)4 76 394 41 104 4)4 41)4 41 H 56)4 97 32 H 92)4 18 106)4 111 40 K 94 104)4 123)4 41 K 27)4 12(4 77 H 51 25)4 46 56(4 52(4 17(4 27(4 17J4 23 3144 4 4(4 5(4 8)4 80)4 OH 7 36 94)4 31 K 98)4 9 38(4 8H ?2H 61)4 18 90 H 119 1884 117H 78 58)4 53 49(4 122(4 6H 4H 2 8)4 46)4 62(4 22 K 20 131K 31(4 30 Y, 784 7. 67)4 16(4 140S 74)4 ISO 12(4 714 274 7(4 3)4 184 604 05)4 5014 934 35(4 103H 121 61 16)4 33(4 2314 62 H 134 9 254 17)4 112)4 A 56H 109 93 58 9(4 16 30 47(4 34 3914 364 207)4 125 1 H H V 1 V 74 2(4 100 .. 114 1 .. 1 . 100 214 New Yerk Peck.... 26)4 8403 .. xew Yerk N II A It 24)4 300 2 New Yerk Ont A W 21 900 7 Norfolk A Western. 116H 3300 6 North American ... 86 200 .. North American rts 23 5000 6 North Paclde 79 ft 100 24 Ohie Furl Sunnlv.. 57 U, 1 cm .. uwa rreu iter. , 1200 .. Orpheum Circuit , 2)4 194 38)4 900 2 Owens Det Mach. . 1000 1400 11000 3200 5000 100 23 2700 300 700 3200 100 100 203 7200 600 3100 100 1600 1300 100 1000 . . Paclde Hevel Cerp. 1)4 6 rnc Has A Jilcc. . . II PaclDe Oil 8 Pan Amer Petrel., 8 Pan Amer II .. Panhandle 6 Penna Edisen pf . . . 81(4 3(4 2(4 1(4 4 14 1 (4 14 47 B5H 84)4 4H 1044 5 Pennsylvania It It.. 46K .. Penn Seaboard Steel 34 6 Peeples Gas Chicago 90 . . Pcre Mnrquctte ... 304 5 Pere Marq pf 67(4 6 Pere Marq prier pf. 76 3 Philadelphia Ce ... 39 H 2 Phillips Pet 42 . . Plcrce-Arrew Moter. 1 1 .. Plerce Oil .' 4)4 . . P'.erce Oil pf 41 (4 i PlBBly Wlggly Stere 43 . . Pitts Ceal 57 6 Pitts Ceal pf 97 .. Pitts AW Va 34)4 6 Pitts A W Va nf. ... 92)4 1 H H Ti '4 54 1H H A 4 (4 (4 !4 100 200 1 Pend Creek Ceal... IB 500 6 Pestum Cereal ....1C6M 200 2400 400 100 1300 1500 2000 1200 6100 100 100 2300 3000 8 Pestum Cereal pf . . 1 1 1 . Producer A Ref... 414 6 Pub Scr Cor of N J 94 8 Pub Ser of N J pf 104(4 8 rullman Ce 126)4 . Punta Allegre Sugar 42)4 2 Pure Oil 274 , . Ray Cen Copper... 12H 4 neadlng 79(4 1H I J6' !ii Ji' (4 1 : ltenmni; :! pf . Iteplegle Steel , . Itepub Iren A Steel. 3 lleynelds Teb TI. ... 51 25(4 47 56 Ji 54 2H H 2500 4.13 Royal Dutch N Y, 2(4 100 tee 103 1000 Unlit Rets A Ce 17)4 ' I . . Rutland pf 27(4 1 St Jeseph Lead 17)4 (4 Vi H H 3i (4 1 14 H St Leuis S.in Fran. 23 V4 400 .. St Leuis Southwest. 32(4 100 .. St L Southwest pf . . 54 600 ., gnxen Moter 4(4 300 . . Seaboard Air Line.. 5)4 100 .. Seab Air Line pf... 8(4 400 .. Sears-Roebuck .... P-)4 700 .. Seneca Copper .... 8)4 500 .. Shnttuck Arli Cerp 7)4 1001S5H Shell Transport .. 36 100 6 Shell Union Oil nf . . P414 7600 2 Sinclair Consel ... 32(1 100 8 Sinclair Cen pf.... r8)4 1300 .. Skelly Oil 9)4 100 .. Se Perte Ulre Sugar 3814 3800 C Southern 1'nclllc ..90(4 3500 .. Southern Rati 73(4 90) 6 Southern Rail pf . . 614 200 .. Splcer Mfg 18 100 8 Splcer Mfg pf 90 4303 4 Standard Oil nf Call 214 10600 6 Standard Oil of N J204 200 7 Stand Oil of N J pf1I7H 100 7 Steel Tube jif 78 1200 3 Sterling Products .. reji 100 4 Stewart Warner Spd. 55 200 4 Stromberg Curb ... 50(4 37503 10 Studebnkcr 124 1900 .. Sub Rent Cerp 7)4 700 .. Superior Oil 4ft 100 .. Sweets Ce of Amer. 2 1200 ,. Tenn Cep A Ch-m.. fl'-i 10500 3 Texas Ce rH 3300 4 Texas Oulf Sulphur. 6S4 1503 .. Texas A Paelfle.... 17. 3100 1 Tex A Rae C & O., TO 100 .. Tidewater Oil 131H 2300 3 Tlmken Rell Ilr.,.. 31(4 1500 .. Tobnece I'reducta . E0J4 2100 7 Tobacco Pred A.... 784 6501 .. Transcontinental Oil Z 100 6 Union Rag f, Paper 67(4 300 .. Union Oil i6i4 1600 10 Union Pnelfle 14214 303 .. United Drug 74)4 100 8 United Fruit 10 100 .. United Rwy Inves.. 12)4 310 .. United Retail Sterea 72(4 100 . . U 8 C I V ft Kily.. 27 201 ..US Kxpress 714 200 ..US Keml Products 514 700 ..US Heffmnn Mach. 10 500 .. US Ind Alcohol.... f04 203 ..US Realty A Imp.. 65(4 00 ..US Rubber r0(4 100 8 U S Rubber ti nf. . 95H 103 .. IT 8 Smelt A Ref,,, 35(4 34600 6 U S Kti.l 105 100 7 U S Steel pf 12t 100 2 Utah Copper 61 100 .. Utah Securities ... 16 u 100 .. Vanadium Cerp ... 3514 500 .. Va-C.r Chemical... 2354 100 .. Vn-Cnr Chem pf... 62 ft 100 .. Vlvndnu Inc 13(4 000 .. Wabash 9)4 200 ,. Wabash pf A 7514 200 .. Wabash pf II 18 400 7 Western Klecl pf . . . 1 1 2 14 800 .. Western Maryland. 124 400 .. W Mar land 2.1 pf.. 23(4 200 .. Western Pacific ... 17 100 G Western Parlllc pf. 58 400 7 Western Union Tel.lC9(4 103 4 Westlngheuse A . 05 300 4 Westing K A M.... 0 100 .. Wheeling A I, K,.., 3)4 100 .. Wheeling f, I. li pf, 16 330 2 White Kagle Oil.... 30(4 703 i While Moter 47 H 500 .. Whlte OH Cerp.... 5)4 200 .. WIckwIreHpeneHti, 9(4 200 .. Willys overhaul ... 54 200 .. Willys Overland pr. 39 H 100 .. Wilsen A Ce 3644 200 8 Weel worth K W...208 100 7 Woolworth V W pf 125 Kxllvi1nds. ' 1 4 1 !i 1 (4 H Ti 'A 1H 1(4 !4 ' li 2 !i' '4 I (4 ' 14 1 'A (61 H 1 'A 2ij n (4 'A I (' !4 A . V8 4 'A 14 (4 2 1(4 (4 li 'A : 'A . :4i J'a A 'A ii 'A 5 14 (4 'A 'A 'A ,M. (4 I, I 'li' HI Hi I 'er'' 'I 1R en .referrwl. Net Cht. . a,0il!i ''"r,e 'I'" JlUKar C.'empar terly '. en preferred, ptyaMe Decein sunk of reruril December U. MONKY'LINOINC RATI .1,f.Y0r'"-!WJe.cll. both classes common. Me) .u, ...,. v. TT"'r"H3 auarterlr 15 AfuViMt a awir I NeventBar 8Vrtj- LOCALS SUP OFF E f!. & ."r it IBS t. 78 U S9 - (4 5iHT s Aetiv Invtttmtnt Dtmand BUI COM BACK Tannsy" Attraetad by Lib eral Inoema Raturn L- 3) H 88 1 18K (4 The local market slipped off is 1 S3 H 30H- f4 atari, Dut seen refamea its rooting during the balance of the session around ncnnrsflnslr well. One of outstanding features of the operations was unmlstnble active absorption' of the 9.9itJJ 13 H i74 y stock of the Pennsylvania Railroad by Investors both little an! erge. When n stock of the grade of Pennsylvania sells en an Income basis returning per cent it is net surprising mnny se lect It attracts Investment buvlni. According te the beard reports the market practically had an unlimited 182 2 suDiiiv or curing ertiera nt iiim. 212 2 consequently nil offerings mnde IB quotation were readily absorbed. 17 H 11)4- (4 nas necn consiacrneie liquidation speculative accounts no doubt since MH 1 'it It dividend rate was replaced at 0 per cent, but close market observers claim such selling is about cleaned up. Most of the lern! issues sold lower In the early trading. U. O. 1. yielding te pnr (ISO). P. R. T. te 32 and Philadelphia Electric te .11 4.. At the Fiime time T.ehlgh Navigation en small offerings shaded te 7.1V6, the lowest quotation touched In many weeks and compared with the year's high of 70. BJ4 17 H 47 68 204 IS 10)4- 11 SIS 24S 87 4 14 62)4 100)4 14 1 5 Philadelphia Stocks 110H 1(4 03 Am Ons.. 77 7tl 77 1 UK) Am Rwys 12 11$ 11 Vi 210 Am 8trs..lS3 153 153 24 Cam Iren. 4t 41 41 . . lOOOfOhile Cep 20J 20 'M H 312 Elec 8ter. 53 BHH 53 S $ lOOtErie .... m 11 tj 11$ '4, 300 Lake Sup 64 0 (J .. 10 1.eh Nnv. 73Vi 7H 73i Hj 400 Leh Vel.. 03?4 03 03U Vi 10fN Y N H & II... 24 24 24 " lOOtMld 8t O 11V4 11V 11-- lOOtMldvele.. 2 28 28 S 17Mlnehlll.. 52 52 52' 7. 1517 Pa II It.. 40 40 40 20 Pa Salt M R5 85 85 7. 502 Phil El.. 31 81 31.. 380 de pf ..31 30 31 .. 220 P K T. . 32 82 32 1001,'n Tract. 41 41 41 .. wier f I... 50 50 50 lOfU H 8teel.l04 104 104 25 War I & 8 8 8 S7. 100 IVJA8 35 35vt 3597. . tN'et chance nude by comparison with laM tale en New fork Stock Kicharur. PIIIIADRLPHIA UONDS 13M (4 81 31 48 93)4 83 98 -2614- 14 K 23)4- 1 21 - 1 116H 85)4 23 784-57)4- 2(4 IB 36)4- 1)4 4K 104H 46)4 34 90 -304 -39-41)4-10- 414 36)4 97 324 92)4 10 106K 111 404 94 - 104(4- V 2 4 (i (4 (4 y (4 14 H H 'n 10000 Liberty 3c '47 1000 Liberty 2d 4s '42. . 4000 Liberty 2d 4 Us '4! 400 Liberty 2d 4s '42. . . 230 Victory 4s '23 500 Victory 4H '23 1000 Victory 4s '23 nhi victory 4 called 2000 Victory 44 culled. 1000 Amer 15ns & Elec 3s. . . . 600 Hell Telephone 7 200 Elec tc Peen Tr 4s 10011 Hunt & llread T Itlt 5s 20iKJPhlln Elec 5s 1000 Phlln Klee Its IHMMl U 8 4i,s '52 2000 U 8 4,h '52 H 1254 42(4 1 FOREIGN EXCHANGE New Yerk, Nev. 15. At the open ing today the market for foreign ex change showed almost genernl udvunces, led by guilders, which rose 7 tieints t 11 274 51 -23(4 46J4 56)4- Vi (4 1(4 (4 4 new high record for thy venr. 7? 1 UITl 111, r Itulirliinu HU. . u....ll , Y Swedish, 'A j Danish, 4, and 1 52H- 17 u. J. 911 lire ana HWlss. I'esetns and Nnrwen 27(4 2)4iwert' 'iewn n point, and marks 17J4- down 1-10. 23)4 32(4 54 4)4 5(4 8(4 60)4 8)4 7 -36 94(4 32(4 t 98)4- 9 3814 Quotations were: Sterling cables 4.47. demand 4.40 ; franc ruble 0.70, checks 0.23 ; lire cables 4.05, checks 4.03 i Swiss cables 18.311, checks 18.30; pc sclii cables 15.20, checks 15.24; Danish cables 20.25. checks 20.20; Norway cables 18.42, checks 18.37; Swedish cuhles 20.88, checks 20.83; guilder cables 30.30, checks 30.25; marks .01. The discount en New Yerk funds In Montreal today was unchanged nt 3-32 per cent buyer, bid. The premium en Canadian funds iu New Yerk today was 3-32 per cent. The Central European exchanges were irregular tedav. rimiM, i... j 1 H (4 (4 (4 (4 90?4. UUrti l'na 01 yesroreoy h gain. Huinaulan 203(4 6 declined 1 and Serbian 1 point. (In "'N- (4 the ether hand, laecho-Sleviikinn e 1 llulgnrliui gaintsi 2 nelnts mi.t 5B(4- 55 49(4 124 7 4H 2 - 8(4 46(4 62(4 22H 20 H rose 11 point. Quotations were: 4 giirlnn, .70; Kuinanlan, .ur.i, : .Serb inn. 1.05; Greek. 1.5(1; Who-Slev-aklan, 2.21; Juge-Slavlan, .41 '. Polish. .0002; Finnish. 2.52 ; Austria . .0013; Hungarian, .(XMHi;. "' TKSTKKUAVH CI.OSI.M) QfeTATIONH Demand 4.4fl4 l.j Vl -lil -K CbB 4.4TH tf.at l"n iM TODAT'S OPKNINU yLOTATllf.V.H " srl'l' francs ,ri- (lullfl.ru Kunan.l MilS u.ii'iv. in-, h7, .,! Cables 4-4T'I .1.70 i ijlj (4 2K "(4 (4 14 (4 H H 134 J4 31 H 50?4 1 794 (4 '2 H 67(4- I LOCAL MINING 8TOCK8 TONOl'AH STOUKH Ill.l .W .O'l .07 ,1111 ,IIK OH .11:. ,ON .11 .eris .niH .us '(4 14 Cash lley 141 V. U IK1 J:r" Hutlcr 74 W 150 '2(4 72(4 27M 604 71 Cr,ii',nf 1 1 Midway It Mltimh Extension . 4? I Mcnlnna J Nurth Star U Tjnnpsh Ktrmen It weit End ' we en Tenuyah U DIViOK HTOCK.S P' H I (5 Allied Divide . . . . .00 V, .01 .01 ,e:i .ui .11 .i)-.' ,UJ .OU'D .07 .05 .12 .0.' .,& .ea in ,"j ,iu 95t? 1 Hiiiher f3(4 .. I Ureugl) Dlvld ... 104)4 1 tc. Dlvl.fe Kxtenalen . 21 . ''-vM. Cen 61 ill4 35(4 - 23)4 62H 13)jl ?54 18 23 - 1 , Unit Divide mrrniu (4 1)4 14 (4 Knox Hllv.r King euineriana Tonopah DUIde .... Tonep.ih llaibreuck Vhiery Dlvld Verde Dlvld Zene H u 1 - (4 UOI.DKIKI.D STOUKH Ikieth Combination Krartlen . , , Ursukerjavk , .01 .01 .0.1 .001, .11 .03 .01 .OS .mil, .01 .03 .mi .1.1 .0:1 ,07 .07 1(4 14 17 liixniunaneia u 11 58 109 95 58 I. 1 t lersnre " Ocldncl.l Cere - I jemnpii iievrlepmirit Uuldfleld Dep Orri I lend JumlHi Kxlenalan . . Kewnnu I .one Hiur Ore Itrd llll Hllver I'lik Hurhf d 16 30 .. 47(4- 5)4 9 - 54 .. 39(4 .. 208 3 125 ' MISCKM.ANtiOtm Amparo Arliena I'nlled , Cstrdnnla I'anilelarla Kmnu Hllvir . . . llllllup Kurskii Crenus Hur.ka Helly ... Ilrcia Marsh .1") .01) .oil ..'I.I "-' 1,1111 .JI .U'l .OMV.J .10 .Vi ,01 .H .47 .u .IB .12 .OK 'A payable January I Melhar l.eiie srl!l"Ci Ureev::::::::::: PUCLTS. Tecopa Mlnlrm ,,.. ,. Volcano 1 .....,,. . wPiiH,Cw" ""t ' " iieeri ,,,,.,9.. 19 .;... ii .1 CAMBRIA COUNTY, PA. . 4ia ROAD A BRIDGE BONDS DUE DIC. 1, 124 TO 149 PrlcM tt Yltlfl M CITY OF PHILADELPHIA 6i2 BONDS x DUI JULY 16, 1971 Prlet U Yltlrf 4.1S Tax Fr in Pnn$ytvanlm Itrazier 6 Ge. INCORPORATBO 1433 WALNUT STREET , 8PRUCI 1591 for at the nnu held the ever 0 and nt that There 01 the U aVaaBissiliBH MORLEY, WOOD & CO. NEW YORK STOCK EXCHANGE MEMBERS ) PHILADELPHIA STOCK EXCHANGE 333 Chestnut Street, Philadelphia PRIVATE TELEPHONE AHD TELEGRAPH TO HEW YORK CITt LOUIS J. KLAUDER CONSULTING ENGINEER PENNSYLVANIA BUILDING, PHILADELPHIA POWER & INDUSTRIAL PLANTS DE8IQN CONSTRUCTION 100.23 0S.IKI 07.114 03.00 .100.10 .100.10 .100.20 00.02 100.02 87 108 71 70 100 104(, 00.52 D0.50 ALTIMORE A 'OHIO ft. R. EQUIPMENT 5 $ 3,000 AUGUST 1930 $10,000 AUGUST 1931 $10,000 AUGUST 1933 $10,000 AUGUST 1934 GIRARD TRUST COMPANY, TRUSTEE Krntirs M. . I COST OF EQUIPMENT (9,000,000 BONDS OUTSTANDING 8,750.000 each in Inn were PRICE, 99 AND INTEREST REILLY, BROCK & CO. 306 CHESTNUT ST. PHILADELPHIA 7 ' 0 Cumulative Prc- O erred Stock of a well-established Public Utility Company oper ating in densely settled industrial cities in Pennsylvania. Earn ings new three times preferred dividend re quirements. 7'e divi dends regularly paid since 1914. Tax free in Pennsylva nia. Income yield at present price ever 7.55. Particulars en requext HARPER &TURNER Inviitmrnt Benkers tfrmierr PMItMpMa Stock EkeUntt STOCK EXCHANGE BUILDING nnd i:rt. Itnl. ..."k : .07 .O'l .IS .til I .07 .01 .en .111 , .O.IH ' .01 v; ,ea Philadelphia Strmnren Jtradln .01 JU .0.' .OS M .1.1 .11:1 .ui UI .00 .011 .11 .03 .80 .04 .m ,ca .11 Decunty Dalesman AHICH-CRAOF. Financial ntt. tutlen desires the services el n salesman with oruanUntien la act ns fiscal agent and sell nn Issue of preferred stock. Civ full Information and Interview will bi arranecd. A 732, Ledger Office. Sal mMWM?M)iJM)M,),,,,U..l)iM ,0"i .Vi .US .01 .13 .07 .OS .10 .ha ui .07 . .01 ,0U ,us C. S. PATTOTsSTCOr MirrenKers tn . HAII.KK A KTKVl NSO.N llnnil. anil MiM'kn hnuslii un, ,0.i Myilllyxs-Jjl"". XH'ft KirhKny.."' EDWARD LOWBER STOKES & CO. CanservaUve lnvetmvnt8 20 Seuth 15th St. PHILADELPHIA I. no .1! .114 ,:i.i .0.1 J.r" .I'd !" .(Kl .1'.' .14 .02 .18 .4U ,'J ,tn 'it United IIeiuU Fabian F. Levy Drexel Building Bell Umb. 7M K..i,. m... .... . in pj(i WIEQNEI We will buy or sell VICTOR TALKING MACHINE CO. APPRAISAL REPORT Public Utility STOCKS American Sat & Elec CemVlthPr.Ry.4Li Kentucky Securities Lehigh Power Sec. National Pr. ft Light Portland Ry. Lt. ft Pr. Republic Ry. ft Lt Securities Cerp. General Southern Utilities' Tennessee Elect Pr. Public Utility Booklet Bent en Jlequeat Gilbert Elicit ft Ge. Members Nw Yerk Stock Etchings 20 Exchange) Place, Naw Yerk Tel. newllng Orctn Otte Mobile & Ohie (Montgomery Div.) lit 5. 1947 F. P. Ristine & Ce. Widcntr Buildisf.-PslUdilpii. Hw Yerk Xllisbtth. V. I. Urmters .Vets Yerk airj VhtlaMihlt Stuck httkOKif GeoigeK.WatseivcCo. Virttfied yJublickcemlantt Income Tax Consultants Chicago W.shlrujten,aC. Scrsfltoe HANKING INSTh JjTUTIONS AND II Id II U S I NBS8KS W PLOY 0 U li SKHVICKS. A Consultation Invulr" N OltllcnIKiii RcalEitatcTrustBlPhkRt cLi.jMiaiMM it i.rtiMi rm Hj Stockwell ' CERTIFIED fWlJC Wilsen & ACC0m linvill ,UnITiltBl.f,Pl Frederick Peirce IIUNIIH FOR & rn wJffl SSM V t7 Heath nflrenlh Hlrtrl. Pk"' tmjm W- I-"1 - ss-i.MilriF3 f EVtOO. Il- Bends for hvcsterrM SrmWiLr, y ir taa ., ' ,;v ;.," atflBavivi n. w UMi aa r--"w "-...-B-i !7?"i "n ISatisSSf : "iSicJstM
Significant historical Pennsylvania newspapers