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36
EVENING PUBLIC LEDGER-PHILADELPHIA, FRIDAY. NOVEMBER 17, 1922
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Hershey
Chocolate Company
1st Mortgage Sinking Fund
C,rp Geld Bends Due 1SU2
REE FROM PENNSYLVANIA
CRSONAL PROPERTY TAX
Price te yield about
6.107e
Ciretilar en request
TheNatienal City Company
Philadelphia 1417 ChMtnul St.
Atlantle City Chalfentt Bleck
122S Boardwalk
MARKET FAILED TO
HOLD M RALLIES
Brief Display of Strength at
Start Succeeded by Gradual
Crumbling Prices
$150,000
CRAWFORD COUNTY, PA.
V4, ROAD BONDS
$45,000 AUGUST 1, 1927
$20,000 AUGUST 1, 1934
$16,000 AUGUST 1, 1935
$22,000 AUGUST 1. 1937
$23,000 AUGUST 1, 1938
$24,000 AUGUST 1, 1939
FREE FROM STATE TAX
IN PENNSYLVANIA
EXEMPT FROM ALL
FEDERAL INCOME TAXES
PRICES. TO NET 4.101
REILLY, BROCK & CO.
306 CHESTNUT ST.
PHILADELPHIA
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.
Price 91-2 and interest
Yielding nearly 5.60
Harris. Ferbes & Ce
Pina St, Cor. William
NEW YORK
PHILADELPHIA OFFICE
Widener Bldg.
Telephone Spruce 7040
New Yerk, Nev. 17. As In most of
the preceding sessions the action of to te
lii.v's stork market wns governed te n
nrce extent liy conditions within Itself,
'evering of the short interest lent u
s'nbilizlni lntltieiice mid In the ilrst
dart of the day resulted In fairly Mil)
tantinl recoveries. The rallying power
of the market, however, was far from
being impressive, as It was clearly
demonstrated, apart front the require
ments of the short interest, the buying
demand was extremely feeble.
I Favorable dividend leilaratiens, with
I oeme extra disbursements and resumption
i of pa meats in ethers s ipplieil a poed
'part of the morning news. Other ion ien
structive events, hewewr, ate te he
"nund in the feieluti advices and in some
of the domestic developments. All had
tlttie Intlueiice toward changing the ex
isting temper of sppoulatien. Had
news seidum cuts much ti.'iite in a full
Hedged bull market, and geed news
has us much effect in a bear market.
A lower mencj uite with call buns
'opening and renewing into net week
at I'a per cent, followed bj a subse
quent rerluctum te 4 per cent, was
accepted in sime quartets n in. heating
material improvement In the lean -itu.i -,
lien. According te the Street reports
some of tiie banking institutions whnli
, bad been culling leans during tic
earlier part of the week, were among
' these making the mere liberal effeiings
this morning. This was altogether ps.
sible, because calling of leans was in
! tlueneed mere because of the ever-ex-ti
nded position of the peels and less
acceptable character of the collateral
Itegardless of any tlnery it was quite
p.itent easy money aNe had lest force
as a market stimulator after the re
daction of the call rate the market
showed fresh signs of slipping elf
again.
i While the lt in general exhibited a
, fairly geed tone during the morning,
i the volumes of buying orders was con
siderably lessened when selling was re
sumed in u large number of stocks,
Tl.ese elferlngs were mostly eenlined te
eulinarily inactive shares, but some of
tlie popular issues, notably ltethleheui
I!. Lackawanna Steel, Standard Oil f
New Jersey. Mexico I'etreleum and
l'ueitic ( ill were pre.-.ed en the market
with resultant losses of 1 te - points,
i'islier Heily and du Pent each can
celed their early 4-point gains.
j Commodity Markets
GRAIN MARKET
Chicago. Nev. 17. Wheat developed i
an upward tendency today during the
early dealings, commission house buy
ing of all gialu bUng the chief t'niter. i
The basis for tills buying was found
largely in reports from Onialin that ali
offers of corn and eats te the West were
I accepted ever night at the highest prices
yet this season. An ndvance in Liver-
, jioel wheat nuotatiens counted alto as
. n bullish intlueiice.
I The opening, which ranged from "ie
I decline te "no advance, wilti December .
PI. lit te $l.l!t:i, and May $l.li!.j te j
SI. 10" . was followed by moderate I
gains nil around. j
I l'relit-taking sales in the corn mar
ket were readily absorbed. After open
' ins iiueh.inged te '.,(; off, December
i 71i te 71 e. cin scored a general utl-
I viinen
Oats started a shade lower te Vn'
higiier, December -lli'c te Wsfij.-J tc,
nail thru climbed with corn.
' Previsions were inclined te sag in
the nhscnie of any special demuint.
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 Iniitcd
Hemphill, Noyes C& Ce.
Mambfira AW Yerk Stock Ezchanje
Franklin Bk. Bldg., Philadelphia
NtwVerlc Pittburgh Bojten Seranten
LeiAngtlrs Albany Syracms Baltimeie
WiIminiea UnUi.epcit
l jrn y,'t. Uuie Open Itlsh
P"' . . . 7H, 71 H 71 71
.May . . 71'j Tl tr 7""i 714
1 Julv . 70":. 7e't . 7i"".
! Wl.. at
1 Ii-i . 1 in', 1 11 fl 1 V l.sr,
Mi. ..J lO'i 1 10'- 'if l.lij, I 17',
. J-i. . . . J us'j I. Os', 1 II.',
' nita
!i"'. IT. 13', l 14 4 1',
Muy .. . 4'l 1.4 ' ' 43 V, H4
i Julv 401, IOi CI le'-j 4n".
I Hye
Miv (Ss3, J ..a,
!- - I',
ma.
COTTON MARKET
New Yerk, Nev. 17. The cotton !
market did better t litis morning, ojieii ejieii
liig up '! te liii points, liillnwitig mi-
prevemeiit in I.lerpi.el. 1 rade iva.
ui'tive. In addition in Inuiy lec.il cov
et ins. tin re wns .lupaiie.e Imjiiig, und
i ii'iiiinis-ieii house and trade support.
I Prices, nfler the opening, inn off '
j about 1" points-, but ralliid and reenv
l i red half the le-s, then lieami irri-gu-'lar.
Tlie Seuth and New (Jrleans weie
, leading sellers enrlj .
Y hi '. ripn
ipnumir . . . -'" -t1 '' .''i l .ii
J..nu.iry .. .. .'' l."i J7 ;',:)'.
M.irMi . '-''' l'i i .". .'. :r
Mny . . .'I 'i" 'i '.". Is ... ii.
J'l.- . -I sll i .it i'i .
ijc'nh, r . '.'.1 ).' .j .;
Tra I.
1L' M
'J'l 1
NEW YORK COFFEE MARKET
New Yerk. N.v. 17 T I.I...
frnin I'.r.iil si,,i.. fir In r inpine.
nieiit all'l ' I'i'UiiI alxiiit ieii,,s buy
t.ng in t'e ,.i. a! ..ili... I'limi. ii.irl.it
t1 1. iiinmins. re.'ilring
I elllt
i h.r i i l '.'
t-.J . w . I", . !
'h s,..
r
in an i.pi'iuug i
Trade Inter
if the 1 cm '.el.
I u
,M
17
'nl
'.I
1 71
.i
V On Cumulative Pre-
O lei-red 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. Te divi
dends regularly paid
since 1914.
Tax free in Pennsylva
nia. Income yield at
present price ever
7.55.
Particulars en request
HARPER &TURNER
lnvtmrnt Bankers
PAtlldttptila Stock Exehtni
fTOCK EXCHANGE BUILDING
Philadelphia
FOREIGN
New nrlt. Ne".
if tin- fnrelgll I
fi'niies were ll. T1
lire down .: : a
EXCHANGE
17 At the fip.eiing
h II '.' 1 ll'Vet I... I i
lb I'.l.ilis ni Jl'i ;
li 1 Ml l-ll it i
l; .Mii'wa .in.Mi I .sl.(h-ii up ;j n d,
marks wue l-tl lower Sirling
i showed a giiin hi' ' , Pesetn, ami
I gilihleis weie tiie ii mgi'il. The maillef
tur I reiich aiel lb ' al.in excl.i.ngi s ..
lellmcil In be llillueti. (d III p.'llt llV
reports of incMsin'i'., taken bv tbe
rrein ll t;.ieriiiai'lit ti stabilise tbe
franc ,i round ' uirent levels.
Opening iiuotntietis fro; Sterling
cables I IT7,, demand I IT1 . . franc
I'l.ll'.l. iheik. ii fiM
ll ."it. r bei Us i : : L
K.7'
II 'J
1
a. t
r
WCU CERTIFIED PUBLIC
S, (ACCOUNTAHTS
TitbBUf.,PUhJ
Itelltlll'l
'' i : lire cables
"Wiss cab'es
peseta
D.ini.h
Nerwa v
Swedish
guilder
entiles
calibs
cnblesi
cables
cables
i abb
cable
I IK i hi eks
IS. Ill, cheeks Is. Ill
l.i. '!!. cheeks l.'HT
2(I,'J.'I. (hecks 2ll. I s.;
1S..T.', checks J.'.'T:
'20 .. ehecks :(,. s.;;
3!).2!l, checks I!!).'.'!, marl'- ,01 '.Ml!.
'J be discount en .en- Y .nk funds in
Meutical liiday was :!'.' per cent lower
lit I-l'i per rent. 1 lie nrenilum
I'aii.Hiian tunds in New Yeik was n
shade easier at l-ll! jmr cent.
Yi:s"rrr.;.vvs r'l.nsiv , QfoTATieNa
Fteriini! rr.iici t,lr aall.lers
D'tnnii'l .... I 47 il i7 i.Ti .'t'l.ufi
Cable . I I75. il US 1 7J wj JS
TuD.VVH OI'KXINi i Ql'OTATION'H
Sterljiii; 1'i.mei Lire Ouilders
Domani ... s.m, il ii.', i HT'a nil "I
Cables .... 4 47'. a lei J, Hi ay 2'j
NEW YORK STOCK EXCHANGE TRANSACTIONS
Onty AUtrnoen Repert in Philadelphia Quoting Full Lilt
Die.
Sa'h In t
300
1030
300
700
1003
3900
100
1330
200
100
7800
100
500
400
100
200
3D0
100
1500
COO
200
1500
330
300
300
700
2030
100
100
COO
400
310
933
403
100
4100
100
1200
000
3U0
16
2100
100
333
300
100
1000
100
700
11400
2.703
103
STOCK IttBh
3 Advance numcly pf 4e j$
.. AJax Rubber 12',i
4 Air Itcdtlctlen 58 54
.. Atapkn deM Mines ?i
4 Allls-Chalmers .... 41 ?i
4 Allied Chcm ft Oye. 72'4
7 Allied Ch ft Dye pt112'4
Am ARrle Chem... 30
.. Am ARrle Chcm pf. 60U
3 Am Hank Nete. pf. 55
.. Am Can 71 ii
1 Am Can pf. .... ..110H
12 Am C.ir ft Fdy IBO'i
.. Am Cotten Oil.... 19!i
8 Am Express 145
.. Am Hide ft Leather. I'M
7 Am lee 104i
6 Am lee, pf 96H
. . Am Intcrnat Cerp. 7
1 Am La Prnnce Knu 1 1 b
. . Am Linseed ?2
Am Locomotive. ...122U
.1 Am Metals 45 Ta
4 Am Radiator 113
hi Am Safety Razor. 7U
.. Am Ship ft Cem... 19?a
. Am Smelt E4
7 Am Smelt pf ICO
3 Am Steel Foundries 41 H
.. Am Supar Ref.... 693i
.. Am Sumatra ....'.. 29" a
9 Am Tel & Tel 123 'i
m Tobacco 14915
12 Am Tobacco B Mei
.. Am Wntrwks 6 pf 47 '2
7 Am Woolen 93 H
.. Am Zinc Ld ft Smelt 16 i
.. Anaconda Copper.. 47 ?e
4 Asse Tjry Goods.. C3'j
C Asse D Goods 1st pf 84 !8
7 Asse D Goods 2d pt 87 U
C Atch Ted ft San KelOl
6 Atch Tep & S F pf 92 '
. . Atlan Hlr & Atlantle 1 ?i
7 Atlantic Coast Llne1l2
.. Atlantic Fruit 2
.. Atl Gulf ft W I S 3 73
. . Atlas Tack Cerp... 16U
. . Austin Nichols .... .0'.
7 Haldwln Locomotive. 1 24 3B
. . Haltlmere & Ohie... 45 '2
4 13altl A Ohie nf CO
130 4Sc lleechnut Packine.. 42
300 0 Bethlehem Steel ... C4
1200
20830
200
100
3J0
230
333
3300
1400
200
100
403
333
903
250
500
303
1230
830
103
633
713
730
600
100
2533
6030
933
330
1350
200
103
533
4100
400
200
6500
203
1200
2600
2--0
330
2830
1133
3100
5930
400
69JJ
330
7400
5JJ
333
403
103
400
103
333
100
300
630
933
830
1633
103
1433
233
:830
1630
503
7200
430
100
503
1433
46 ;e
633
ICO
30J
603
22533
100
103
233
333
.'.30
1733
103
1533
5'J-iO
203
3730
14JJ
733
100
30O
3 JO
10-J
0JJ
130
'00
100
100
.. lietn steel pf new.. s-t;i
5 Ueth Steel Q e5'j
5 Beth Steel SrP pf .111
7 Hrlt Hin Steel 1st p 67 U
.. Hrlt Km Steel 2d pf :7tj
8 Rroeklyn Kdlsen ,.118?4
. , Itrewn Shoe 57
.. Ilklyn Rapid Transit 13 "a
.. Bklyn It T ctfs.... 11 'a
10 Rums Brea A 132
7 Burns Bres pf 10g
. Butte Cep & Zinc. . 7 H
.. Butte & Sup Cep.. 29'i
.. Cadde Cen O ft R.. 7
6 Ca Ifernla Packing, f 0
.. California Petrel .. 48 S
.. Cal Zine and Lead. 7'i
10 Canadian Pacific . 141 &
.. Central Leather .. ;5'i
.. Cen Leather pf.... 71 34
. . Cerro-rie-Pasce 28 ' X
C Chandler Meters . . 59
4 Chesapeake & Ohie. 70'i
.. Chi ft II 111 -0'
.. Chi & Or West pf . . I0
.. Chi Mil ft St P -5
.. Chi M ft St P pf... 39
6 Chi & Northwestern 141
4 Chicago Pneu Teel. 78 U
. . Chi R I ft Pac -5
6 Chi R I ft Pc 6 Pf E5'i
7 Chi R I ft Pc 7 pf S5!i
C Chi St P M ft O... 75
.. Chile Copper "634
.. Chlne Copper 23 '3
. . Cluett-Peabody 62
4 Coca-Cela "4 !i
.. Cel Fuel ft Iren... 16
3 Cel ,t Southern.... 44 'i
6 Celum Gas & i:iec..1C5
.. Celum Urnphophenu 3 ' s
.. Consel Cigar -3'i
8 Con.-e.ldated Gas ..1274
. . Censul Textiles ... 1 Hi
.. Continental Can .. --8
4 Cern Products Ref.129!5
7 Cern Pred Ref pf .122
4 Ce-den ft Ce -6?a
7 C'.sd. n & Ce pf. .. 98' i
. . Crucible Steel .... C 3 J.J
.. Cuban Am SiiBar... COh
.. Cuim Cane Sucar.. 11U
.. Cuba Cane Sugar pf 34
. . Davlfen Chemical . i7
.. Pi beets C Min Ltd 224i
9 l-.ta.ware ft Hudsen1.3?a
6 De. Lack ft Wtst..129Jj
8 Iietreit IMI-en . . . 110U
.. fttreit Kdlsen rts.. fa
2 Deme Mines 40 1;
5 IZ-u Pent (i: I ) C0164
J Kastman Kodak ... S5'0
3 Lkc -t'eraue Hat.. -4'2
.. i:ik Hern Ceal.. . 17 ' j
5 Lnd cott-Jehnson .. tfi'j
7 Knd. colt-Jehnsen pftIB
.. Erie " 'e
.. Erie 1st pf 17
.. Erie 2d Pf 13
5 Famous Players L 91 '4
10 Klsher Redy 165
. Klsher Ludy of O pf S2N
. I-'islj Rubber 1 1 14
. Friepert. Texas .. I9..
'. General Asphalt ... 4 3 34
6 General Cijgar .... 7ia
7 (j.n C.uai- deb pf. ..104';,
a lien hlectilc l! a
. Gtnl EieC special pf 1! ',
i r,. a, ral Moiers.. . !5'
?. Ceiicral Meters pf 84
6 Gen Moteis deb tiri Id
-
t5.,
-2
c0i4
tr.,
31
9'i
H
Gen Meters ueb
. Glnibel Bres
7 Glmhel Bres pf
Goedrich B I'
7 Goedrich B K Pf .
7 Great Northern pf . .
Z Gt North Ore ctfs...
Guantanamo Sugar
Cult Stitis Steel .
Housten Oil
Hudsen Moter Car.
1 Hupp Moter Car... 2! ij
. Hydiaulic Steul . . ' -7
Ill.ne s Central . . 1C94
ln-pnatlen t.'en Cep -j'j
'. Inier Cen Ceip. . . i4
. Inter Cen Cerp pt . 1
Int Great North .?
G Int Harvister n. Ti
7 int Harst w' j'f ' .
unn ?t intcrnat Cement . ;
1730 2 Intercom i:r.tf . t
Inter jih .i " ' ' 1
Inter JIr .Maf.nn yr
403
1?;J3
6 33 .. Inter n.ckhi ... j ,
1730 .. International Pater ' ,
603 .. Inter Rapid Tm. . ;-J
1533 .. Invincible Oil rerp n;
100 .. Iren Products .. 41 '
4730 .. Island' OH ',-
100 .. Jewel Ta t.f ' '
333 4 Jenes Bies T a 4')
100 .. Kan City Seuth..' n 18 5,
100 .. Kansas & Gulf ... - "i
1800 ,. Kayser A: Ce new 40 1
4330 .. Kelly-Spilni.'ll M . "-4
1200 .. Kctinecett '' blur . 22
1 200 . . Keysti ne T i. H . . . ( ' i
5100 .. Lackawanna .St-vl 7C3,
100 7 Laclede Has of St L Aj
100 2 Lee Rubin r .2ii
3200 3'. j LehlBli V.il'ey .... Ul
500 4 Lima Locomotive. . . 16 "
tiw
46
12
58
41 Vi
71 '4
112U
30
60 U
55
69?,
110H
179
mi
145
11 li
104
86 H
26 H
11 U
3H4
121
45 H
112
7
19H
t3
1C0t2
41 34
68 1 'a
28H
122-74
147 Te
146
4714
91 H
1615
47 12
62'5
83'j
87 'a
KOlj
92 1 a
Ui
1ll?a
2
22 '4
161,4
'.7ia
122',i
44?i
60
42
C3
94 '4
3'8
111
67 '4
17 1 i
1184
E6'i
13U
II U
132
102
7U
29?a
7H
te
48',.
71
1404
S4'j
714
37 'a
84
70
30
10s;
-'4?4
38
t34
78 '
24 1 4
5'a
26 '4
23 ?s
fc1
72?a
26
43
104
3'a
;3t'j
126?4
11
re
17'2
122
-53,
98',
fcl 34
1934
11'4
:7
22',
123 'a
129
1 1 0 ' ',
Ja
40'i
:59
.4Ja
-3K
17!j
t5'a
118
IOI4
16a
12'4
ay -4
59
2'i
11 34
19
42
"'7',
10.-.'.
1 E3t
0 3,
I'-h
d4
12
VI
id
!'0
30',
eei4
b5.,
28 fj
'-"1
7-i.
c7
i
21 -j
4i,
1t"8'w
1
22
10J
1 In' .
.4&
101,
45 J,
13 34
49' 4
:H4
1438
41 'n
1
61
'9
ia ?a
38 !i
0
3IH
0 Hi
70'i
OHVx
25
'35
SiG
1:00
r. m.
46 -12
-50
Ji-
H .
41 M
71 14
112'4
30
62'
55 71 -r
-1914-
145 -
1 1 y .
104 -86
26H-1-
1 Hi -
32
122
45J4
112 -
7!4
19J4
53 -
1C0 14
41 94-
6914
28 14
12234-
147 T -
146 -
47 (i
47 54
f3
84 54
87 V
1C0J4
92'4-t-
H-i-
1 1 Ha
2
?Z?4-161i-27
3j-
124
Nat
Chce,
2
H
V,
V
1H
H
1
W
14
?i
li
1
14
14
H
1
14
Hi
14
' li
Hi
2
' V
H
i
Ui
14
3H
Hi
214
1
'4
A
H
45
68
42
63 -95
C4J4- T.
Ill - Ui
6714- 1
i7!i- 54
118 34
56(4-
13J
1H4
132 -
102
714-
29 Ta
7?i-
60 -48
54
7H-
14034
24 34 -
71 94-
38
59
70
:e -
1034
24J4
38 -E3?i-78
54
34 54
5-j
74 54
26H J.
23?a-
61 -
'354
26
43 -104
314
3314
127 11
67 3,
1-094
122 -
46 Ji
98 54
fc2-
20 54
I Hi
34
27
22?i
123",
129 54
H0'
40(4
'.59 -64
54 I--4
f
-118
10 Ja -16
3', -
1214-
91 14
159 -
92 14 '
11?i i-
191,4
43 '4 f
77 ',2 -
104 5 J
1534
'1'4-r
1434
84 -t2
-07
-j-38
1, -
8les In ) STOCK ltllth
1100 .. Loews Inc 1914
200 1 Left candy 1214
100 12 Lerllmrd (Pierre).. 161
J03 7 Louisville ft Naih..131M
100 .. Mack Truck 53H
100 7 Mack Truck 1st pf. 91
J00 7 Mack Truck 2d pf. 81
'00 e Mackay Ce 10214
?S5 Mnmna Copper ... 3014
2300 .. Malllnsen Ce 3014
100 ., Manatl Sugar 42
200 .. Manhat Elcv ctfu. .. 4614
100 4 Manhattan El Supp. 51 14
f00 3 Manlmttnn Shirt... 5454
100 .. Market St Rwy 814
?00 .. Market St Rwy pf.. 4014
100 . . Mar St Rwy 2d pf . . 24
503 e Mar St Rwy pr pf.. e9M
8000 4 Marland OH 32 H
100 2 Martin Parry Cerp. 2614
300 .. Max Meters Class D, 13
1900 1 Mclntyre Mining ..1714
200 12 Mcx Petroleum 208
2000 Mcx Ke.ihnsird 18
100 Mex Seaheard Oil Ct 16J4
4200 1.20 Middle States Cerp.
. . Mldvale Steel
. Mln ft St Leuis....
. . Me Kan ft Tex (wl) .
. Missouri Pacific , .
. Me Pacific pf
3 Mentana Power . .
. . Montgomery Ward.
1 Moen Moter car,
4000
100
2700
2500.
4300
330
233
103
103
100
loeo
200
100
200
303
100
103
1900
200
5000
1114
28H
6?i
1514
1714
4714
6794
2114
1614
H Mether Lede Mining 104
. . National Acme . .
7 Nat Biscuit
. . Nat Cleak ft Suit.
. . Nat Cen & Cable.
6 Nntlenal Lead. . . .
7 National Lead pf,
, . Nev Cen Copper..
6 N O Tex ft Mex.
.. NY Air Brake...
N Y Air Brake A
6 NY Central.
500 214 New Yntli Peck.
1
1H
154
14
54
54
2
'A
194
14
1
9
'i
1114
. 256
. 5714
. H4
..114
.113
. 13K.
. 8314
. 27
. 4694
. 935
. 26!,
8500 .. NVw Yerk X 11 ft II 2294
900 2 New Yerk Ont ft W 20 54
800 7 Norfolk ft Western. 11794
3100 6 North American ... 8494
300 3 North Amer pfi.... 45
2103 6 North Paelllc 7994
100 .. Okla Pred ft Ref... 2
100 .. Ont S'lvcr Mining.. 6(4
500 .. Orpheum Circuit .. 19 54
500 7 Owens Het Mach pf.1074
1200 .. Pacific Devcl Cerp. 1 4
400 0 Pac Gas ft Elec 81
103 .. Paelllc Mall 12
23203 3 raclllc Oil 46
3100 8 Pan Amer Petrel... 85J4
5100 8 Pan Amer B 84)4
200 .. Panhandle 5
200 .. Fan-Mi ft Blnpham. 954
2103 3 Pennsylvania R R. . 46J4
403 .. Penn Seaboard Steel 394
103 6 Peeples Gas Chicago PI 54
2500 .. Pcre Marquette ... 20J4
100 5 Pcre Marci pf 6
303 8 Phl'adelphla Ce ... 40
1703 2 Phillips Pet 41 J4
803 ., Plerce-Arrew Moter. 11
303 .. Plerce-Airew Met pf 27
700 .. Pierce Oil 494
400 i PlBRly Wltrgly Store 42 54
330 .. Pitts Ceal !T55
600 . . Pitts ftW Va 33 54
700-1 Pend Creek Ceal... 19
200 6 Pestum Cereal ....IC914
500 8 Pestum Cereal pf..1114
400 .. Pressed Steel Car.. 80
103 7 Pressed Steel Car pfi 00 54
900 .. Producers ft Ref... 4154
1303 6 Pub Fer Cor of N J 614
1030 8 Pullman Ce K6V4
1000 2 Pure Oil 2794
100 8 Pure Oil pf 98 54
1200 .. Punta Albgre Sugar 43
V? 100 8 Railway Steel Spg..111
100 7 Railway Steel Spspf 120
1200 .. Ray Cen Copper... 12.54
8200 4 Readme 78
500 2 Reading 2d pf 5054
2100 .. RepleKle Steel 24
2000 .. Repub lien ft Steel. 47'4
1400 3 Reynolds Tell B.... 57H
100 7 Reyne'ds Teb pf..,118'.
2000 4.13 Royal Dutch N Y.
114
54
1814
23 H
42 V
32 54
21i
1854
394
7 94
82
814
3691
31 Ja
9
'014
1
:en-
00 34 r
'6
29 -9'i-71
54 -b7
--1
f
21 U .
H, -
1 CO ; , -j3
" -
:i
1 -
22 -103
116''.
33'a h
24 ,j .
I0'5
47 4 I
13V, .
49 34
21 (4 -14
5-i -
41 5b -14-61
-49
-18?,-
2 14 1
40 d
41
3194
6 54
76 -0994
-25
t3 94 i-i.6
1
1H i
1
194
14
Ha j
"'4 I
300 1 St Jeseph Lead
700 .. St Leuis San Fran,
200 .. St Leuis S Fran pf.
400 .. St Leuis Southwest.
500 ,. San c, c Sugar
333 .. Savage Arms .....
9503 .. Saxen Moter
100 .. Scab Air Line pf..
400 . . Sears-Roebuck
700 . . Seneca Copper . . , .
300l5Gi Shell Transport .
85JJ 2 Sinclair Consel ...
6103 .. Skelly Olt
503 .. Slops-Sheffield ...
3)0 .. Se Perte Rice Sugar j59d
2700 6 Southern Pacific .. 91
2JJ ,. Southern Rail 2294
203 6 Southern Rail pf . . 62 54
230 .. Splcer Mfg 17 54
2333 4 Standard Oil of Call 1994
4103 6 Standard Oil of N j:02
330 7 Stand Oil of N J pfi 18 94
600 3 Sterling Products .. J8 5'?
1400 4 Stewnrt Warnei Spd. 5754
3J0 4 Stremberu Carb ... 1054
17933 10 Studebaker 124H
100 7 Studebaker pf 116
A0O ., Sub Beat Cerp f
100 .. Superior Oil 4
300 . . Sweets Ce of Amer. 2
300 .. Tenn Cep ft Chem..
7833 3 Texas Ce
8100 5 Texas Gulf Su phur. .
2603 .. Texas ft racitlc....
2500 1 Tex ft Pac C ft O..
230 .. Tidewater Oil 12Uli
1230 3 Timken Rell Ur 22
3103 .. Tobacco Products . .O54
1433 7 Tobacco Pled A ... 79
200 .. Tel S ft I, ft W.... 66
22230 .. Triinsceiii.mntal OH 12H
310 6 Union Hug Paper 66
433 ,. Union Oil 16
2703 10 Union Pacitlc 1414
100 3 United Prig 1st pf. 4714
333 8 United Fiult 153
200 .. United Rw v Ines,. 1154
5530 .. United Rein I Stores 71 (4
1400 . . U S C I P ft Fdv.. 2694
100 ..US Feed Pieducts 554
10303 ..US Ind Alcohol.... 61 54
203 ..US Realty ft Imp.. 84
8103 ..US Rubber 51 94
603 S U S Rill'- 1 1 -t nf 95
100 3Mi U S Sme t R ft M pf 4614
20503 6 U S Steel 104
U H s,u, 1 pj ij yB
8 94
46
62
:0J4
1914
61
1694
25?4
25 54
1314
9
-6 54
Hi
P30
700 2 Utah Copper
303 . . Utah Sec 11 ales .
23jJ .. Vanadium Ceip .
4C0 .. Va-Car I'lu-niical.
500 . . Vlvadeu Inc . . . ,
50'J . . Wabash
nea .. Wabash pt A....
700 1 weeer ec iiunorener 1 1 J4
100 C Wells Farge Exp... E0 14
1603 .. Western .Matyland. 12 94
100 .. W Marlatid 2d pf.. 22
103 6 Western Paelllc pf. 57 Ji
100 7 Western I nlen Tel 110
203 4 WtSl.ligheuse A 11. 97
933 4 Westing 11 ft M...
203 .. Wheeling ft L E...
100 . . Wheeling & L E pf
400 2 Whlte Eagle. Oil...
103 4 Whlte -Muter ....
1000 .. White Oil Cerp...
503 .. WlekwiruSpencKtl,
400 .. Willys 0erland ..
9S0 .. Wilsen ft Ce
Ex-llvllenlJ.
59
914
I614
30
47
5
9
5
-814
Lew
1814
1214
161
13tH
53
91
81
102J4
3054
294
42
47
5114
B4J4
814
40
24
68
31 14
26J4
13
17J4
203
17H
,614
28
614
1514
1614
4454
67
20
1614
1014
1114
254
57
114
11314
113
13
8354
26
4514
93
2514
21
2054
11614
83
45
7814
2
614
1954
107
114
8114
12
4414
84
82
5
914
46
394
9114
294
6
40
4114
11
27
414
4214
55
33
1814
1C8
111
78
100
41
. 94J4
126
27
9814
42
111
120
1214
76 54
49944
2254
46
07
11814
54
1814
23
42
3114
214
18
214
7 94
CI "4
0!4
36 94
31 "4
O-e
391a
S3
89 U
'4
' 2',j
171a
nnii
200
118 5',
E8'5
694
50
123
116
65,
' 414
?.
'i
46
60J4
0a
19 54
120
31 i
4914
7814
66
10J4
66
15H
1404
47 54
152
H'i
69
.5
5(4
59 54
134
49
i.4
46 '4
103 '4
I.O3.4
60
1e 94
4
25
,354
25
1114
00 li
12
22
57 14
110
97
58
914
1654
2994
47
b
9
5
38
1:00 Net
P. M. Chg
r..Vt
161 - 114
'iBt f
91
81-2
1024- 1
3014- H
3014
42 -46
81 14
H.-
1
,S
14
14
2
154
174
94
14
14
"54
"T4
14
14
14
154
v.
H
' i 14
114
14
54
14
1
14
H4
54
74
114
5414
8J4
4014
24
69
32
26 J4
13
17J4
208 -17
1614
1114 28 -714-1514-17
-45
-67-21
1614
1014
1114
254 -57
.114
114
113
13
8314
264
6 5i
93
2014-
11794
84 -
.'45 Ti
78-
2
614
1914
10714
114
81
12 -45
-C4
-83
5
914
4G-
394
9114
30J4
66 -
40 -41
14 -11
27
454-4214-55
-3314
-1814
109)4
111 -
79 -10014-
41
S4J4-
12614
27 94-
9854-
42!i-
111
120 -
1254
77
994-
23 -46-5714
54-1814-23
94
42 -
31 94
'-
18 54
2?A
734
01 14
814-
26 94 .5.
31-
3914
4 -
0
2214
'214 f
17 54-
11994 1
201 14 t.
11834
58 !5 f
56?4
501, -
1234
116
14
1
194
1
1
1
1
1
1
94
!i
H4
J?
"li
14
'i
2
"v
!i
!a
114
14
14
1?4
1
u 54 -j.
46li-
6114 154
sii -
1914
130 -3114
h
5014 -.
7814 f
66 -1114-66
16 -
141 -f.
47 5i
153 -
1 1 1. -
,014-
s5'4 -
)',-
GO 54 f.
14 .-.
10 -
f4 -
46 54 -10414
1-094-0
I694
:-4 -
25 -
1354
9
-554
1 114 f
9014 -12
22 f-57.-110
-97
14
29 94
17 94
9
5 ,
38 -
MIXED MOVEMENT
N LOCAL STOCKS
Lake Superior Struck New Lew
. for Year en Small Sell
ing Orders
Today's local mnrkpt in se far (in
price movement, -vnii n rntlicr mlxMl
up affair. There Is little doubt but
thnt crumbling of market Ynlues en the
Hie Ilenrd is influencing both veltintnry
nml inveluntnry HqiiMntlen. There
were indications in some of the preced
ing sessions such adjustments were com
pleted. Such, however, wns net the
case, but when things get turned np
side down ns they hove been in Wnlj
Street the Inst three weeks, it is beyond
human power te mnkc safe or nccurata
measurements.
In n small way the day's market
centnlned both strong and soft spots.
Of tlie latter, T.nkc Superior Corpora
tion wns a weak sister, mnltlne a new
low record for the year nt R, and
which wns nlse within an "6 of the bot
tom figure reached in the great lln.ul
dating movement of last year, when it
touched B'li.
Reactionary symptens were nlse
found In American Stores, which ran
off 1-74 te 1B24, Inter rallying te 113.
This could be accepted ns belated sell
ing because of disappointment ever the
dividend. Freer offerings of Pennsyl
Miiila Railroad carried that stock back
te the low of the week 10. Such
selling wns without significance ns it
undoubtedly represented throwing ever
of speculative holdings by these who
overstayed the market, or by these
where marginal accounts had been im
paired by the severe slump in the New New
Yerk stocks. U. (!. I. was also fed out
mere liberally, causing a retreat te par
(50).
Little wns done in most of the ether
local shares. Only n few odd lets of
P. R. T. changed hands. The Phila
delphia Klcetrie. issues were firmer with
fractional gains which nearly made up
the dividends Ink off this week. One
of the stronger spots wns found In
Amcricnn Railways common, which
shot up 2 points te 1:1 , but the
preferred nt the same tlm ran off 2
points. Crnmps. Philadelphia Insulated
Wire and Penn Ventral Light preferred
scored substantial fractional pains.
Philadelphia Stocks
Net
IOW 1 P. XI. 1 hue
11 ia 2-J
LTJij 123 1
Hbfh
."."in Am Rwys. 13-?4
12," Am Strs.,153
lOOfC M & St
Paul ... 2." 25 25
lOOtriiile Cep 2(1 2(1 2(J
Kid Klec Ster. ob 54 54 ..
ImIOGch Mtrs. 15 14 15
."Hill & H T 11 0 1) ..
125 l.k Sup C 5TJ,
20(tMidvale.. 28
25 North Pit. S2
25 Penn Cent
l.izht pf. flOli
1012 Pa R R.. 47
44 Pa Salt .M 85
lOOPhllu Ce
cum pf. . -Hi.
277 Pliiln Klec 31 i
(!l de pref.. 31
10 Ph In.) W 44'.
10 P R T... 'Ml
30 Phil True (17
25 P & W pf XWj
20iltSliiclnir.. 31 -'H
250 Ten llel.. 1
25 Ten Min. 2-k
45(1 lT (i I... 5(11,0
33 de ii.f.. 551, 5.-1.',
UWV S Steel. 104ft 103 "A
ju m 111 -.ramp
& Sens. 50 50 50".', a;
15 Yerk Rpf 34 31 34 7.
tNet ch.inup made by comparlaeri with lmt
b:Ue en Neiv imk .stock Uxcliansa.
I'illl..lli:i l'lll. IKINDS
3000 hellish Valley Ren 4.... MIL',
100 Philn rject 1st 5s Mi47
1000 Pliiln Klec 1st 5s ))
LOCAL MINING STOCKS
TONOI'AH STOCKS
5(1!
10
S3
:u,
31
44 Vi
2's
(17
33
31-1',
1
rtii
5Ts ',.
2S Vi
W ..
.r.(l'.'.X u,
40
fe5 . .
41...
31 U Vi
31 v..
441. ii.
32',;.. "
(17 ..
33 Vj
311J..
1..
2,t 1-10
5(1 . .
.-.513 Li
104ViX
114
14
14
3
1
14
2
214
14
14
194
1-4
19a
94
Hi
Hi
1
94
14
1
Cah Ilov
Jim Hutl-r
.MiieXiunaru
('r.Mcpnt
MMnny
MUtuili RxttnMlen .
.Mentuna
North Mtar
Hescue I-ula
Tuneimh Kxlen-li.n
Wt at Knd
Wvat Tiinepuh
Plil
.10
.1111
.07
.07
.oil
.IIS
.IIS
.07
15
.01
.Ui
DIVIDU MOCKS
Allied Dlvld
Alte Dlvlde
Helcher
I'eleher Kxtenslen . .
I'muuli Divide
DiMile Kxtflialen ,,,
l)lldi3 Cen
llM'lrml
KiiHt IilUde
Iliimilll ,
Knox
.silver Klnir
Suthct liiinl
Tonopah I)llil. ....
'IVmcpali ltnabreucl:
Victory l)llil.
Verde DHIde
Zullu
.no'.,
.'il
.nl
"n
.11
A .It
.11
.07
.()
.'i
.11
,IHI
IIS
.1111
.HI
34
,01'a
.01)
.01
.1)'.'
.ii'.'
.IIS
OS
.1.1
.0.1
.0:1
.HO.i .111
.'"I .lis
"I ,0.1
.1- 14
"1 .IU
.'! .7s
"-' .01
.'II ,0'J
"1 ,0J
.(ill U
aei.nrii:i.D sret-Ks
. .01
1 ie. in
Cnmlilniitinn Friutlnii .
l r.ukurl.icK
Dlainiilidllel.l Itlue Hull.
rierrn.fl
(lelim:ld Cell
(in!. in M Due
lielltleM J.ep
(il. nt Huml
Juinlie KxnnBK'M
. Kewaniii
I.enu .star
fin.
'iK.l HIHs
.Mllver l'lclt
.Si.rarheud
01
ill
.nl
.11
,ir.
.nt
.10
,11111s
01
..'
.11".
.0
ii'..
e.
0.1
l.i
.07
.ml
.11
.ii.l
,i)(l
ui
ij ! Amparo
misci:i,.ani:ei's
94 ' rlzcn.i United
Ja I c.il-ilenlu
is 'Camlelurla .. ..
' ' F.miiia Hllver . .
., million
14 Kur. k.i Cree-m
1" , Eureka Helly . .
1 U Marslwill
14 Neviiila Hills
li ' Mntlmr I.ed . . .
J? 1 Ni wula Wonder
la 1 suecesM
14 I Ti i'np.1 Mlnlnx .
1 ti I volcano
14
White Caps
WllUirt . . .
"1 .In
.D'l 0s
in. 117
.'8
.HO l.f.e
,1,11 J..
,(l ns
1 ::.i
01 m
1 ;j'. i'
;';'''" .Jii
.10 ,(
.01 ,0.'
Vi h
ii is
.17 l
.-'11 ".-,
!' :r.
': .it
.us
' $225,000
Citiy of Chester
Delaware Ceuntri PannsyWaiila
4'2 Per Cent. Municipal Bends
Dated September 1, 1922 Interest March 1 antj September 1
Coupon Bends $1000 each, 'with ProTltlea for
Re-Utretien of Principal
TAX FREE IN PENNSYLVANIA
Exempt from All Federal Income Taxee
Ne Certificate of Ownership in Collecting Interest Ree-alred
Legal Investment for Trust Funds in Pennsylvania
. FINANCIAL STATEMENT
Actual Value of Taxable Property (estimated) 978.000,000.00
Assessed Valuation (1922) 89,868,101.00
Total Bended Debt V727,000.00
Lets Sinking Fund, etc 301,377.18
Net Debt .. . . 1,428,622,88
Ratie of Nat Debt te Assessed Valuation 2.39 Per Cent
Population (Census of 1910) 38,837
Population (Census of 1920) 88,030
Chester is situated en the Delaware River about 15 miles
south of Philadelphia and is an active industrial center, having
textile, chemical and locomotive works, oil refineries, shipyard!
steel castings foundries and iron furnaces. It has excellent
rail and water transportation facilities, being served by the
Pennsylvania, Philadelphia & Reading and Baltimore & Ohie
Railroads, by three leral traction lines, and by ocean and river
steamers decking en the Delaware River. The City's seven
banking institutions have combined deposits of $20,000,000.
The legality of this issue has been approved by Messrs
Tewnscnd, Elliett & Munson of Philadelphia.
, MATURITIES
$48,000 due September 1, 1928 101.80 and IntereiC
48,000 due September 1, 1934 (5) 103.28 and Intereit
48,000 due September 1, 1940 104,38 and Intereit
48,000 due September 1, 1946 108.26 and Intereit
48,000 due September 1, 1982 108.96 and Interest
Prices: Te Net 4.15 Per Cent
Biddle & Henry
v 104 Seuth Fifth Street
Philadelphia
The Information anl-Matlitlei cenUtnrd heMtn hire beta
aeurc-s
tbUlned
from
t
which we bell-T. te be relttbli.
-nXIfl ih SB Br- wL
-ia--i1gg5ja fJjfu m j. wll jZKjjEMpSft
Ta
'-7I!li2!J rw-M ii'!)WV-
Our Proposed North Philadelphia Office
Bread Street at Cambria
OFFICERS
CHAIiM'S K. 1XGEUSOLL. Pref.
STANLEY E. WILSON. Vice Pres.
ARCHll- D. SWIFT,
Vlee Pres., Cashier
DAVID n. CAftSON, Asst. te Pree.
AL1JCUT H. ASHUY, Asst. Cashier
WILLIAM POST,
Chairman Uxecuttve Committee
QntxalNatienal Bdik
of Philadelphia
Chestnut Street at Rflk
iy
Capital $1,000,000
Surplus and Undivided Profits Earned fi.800.000
ffl
LIVESTOCK QUOTATIONS
t'lik.ute, Nev. 17- llmi- It.. I"-.
ritlsliiimli, Nev 1"
I'.'niii t.. nl Imi r
'i i v nr 1' j s ll;
mil t II'. Is -111, till
.sin:i:i' Nn i .M' h
Kteauv Mieep -s -j.
cai.vi:.-
Teu. SI 'J "0
Liverpool Cotten
Mtrrpnel. Nev. 17 'Dier was enlv -,
limited d-innnd for nfet rot'en teflnv, with
prlrp maliir en the luila of a lifeline of
rt point" f ;r mlddllne at 14 s7il. 'fhe Kale
were 800(1 Imlea, Th i reeling were 20,(100
bale.. IlicluJilii; lll.blm bnlea American. Pu-
Iurea vera etenily lln the eurlr delln.,
ipet Price, w.rei MAmtf?an. -nlJdllni failr.,
.fia2i.i'5ia.VX00" f , 11 is.iA4
i. "T.-
()i0 htad. M.irk't fu ly hi i I u.li i;,e te
'.'10 P'lUnd iieruB.. t - i '."ju tn 3'i0
pound ImtclniH $s'.'i.isj- i , ;s ."., f..w
held lilshvr, I in km, s,,- fT:i'. d.Hlr d.Hlr
uble JiUa Btrimi.', Js i i 'ji h.u.j, Is IS
WS 25i medium. sliiij-., liuht Ssij-,i(
(111 I S I.'.. UKht lltfhtH, 5s in ,, s . , ,n. kin.- ,w.
47. il,', lilllliiu ih. s j-, ,. -,i,
CATTI.i: IlMPlim Limn ii.nl Il.ff stra
rnnHily hurt f'd. ii. I.,.- n ,,,v .in (,it(hdc
iiitihean baniB. IiIuh, , ., ihuli, ntfi-r
iiu:a Ihtii. turt I 1 1 ii,, IntH. .Sll liu'k Iii cemlier 1
uliurt-liid of nunl.ty in. I n.d i. n te hi t cii, hl,renih
l7.UVtii runni'iH nn I l,u I. iie.eral.'l nc
tlV" .sleiidy In firenrf. f il ilv-, i-ult te
unenlv lower, nth.-r .ji., uliut mh.i'Iv.
Hlli:i:PH.(lH I'.' W Ih-uI. en-nltiit
low. ff.t lambs hte U rurv I. i, .sll ?r. t.
cltv tutwheis. $11 (,i in i i I , r. thru, iluu- "inlur 1".
tlf, fed. .liii"l uiihii -ll! 'in. ftcil rn.
dull: l'j.l'rs'Jiid f -ii, . i. h S h:.. Hhieu
rt.ndy, two I idn lu iwi ' fLd Western
ewe., S8.
.iii:i:i' ash i"rii- neeipt,
hci'l Aih". urictmriij.d,
8000 0Uart.il J2, pnjable Deccmber 30 te tteclt I i'lilliulilplila
It,-, H,!H
ItOaR noeelpt",
H.-ixle-. IS. KHf ...
;, s 7,-,. lluht yerk'r
...... 'ifi in.
lillllun, '".-;.,,.,
150 ii'."'. bt-ady
Kt Huffiiln, ,S. v
llecclpt. IiS.1 he.ul
trrtiUeH aieailv, Talvea
EiOe lower. IIJlfKI.
injur. iiineinu. n.nen head! 100 te s.ie
WJ.
DIVIDENDS DECLARED
Mutu-I OH fnini.imy iiunrterlv 2W tjr
rnt pnyalil- O'ccinber 40 nw ..-...
Manufacturlnu Company,
nuutirly H'i pr cent en rnmmei nnn i
i'.r . it en P'pftrred. liOtti iwyuble Ilccem
lir S te niecl: of r.cenl l,-,,,1'JUcf ,'-,-, ,n
I'nrllle Oil Company, " "I"1'1"' ,,!' n '
ii.oiil.le .Iir,uar '.'0 te clneli of record !
Niriii.rn I'lp.. r.lii" Cempnny. """li-nn.
nual I uni a i..-rl vl U l.etli Pf-vnbl" J'
unry 1 le (.teclt of record P-,"'P,'!0,rl '';....
r ur ile si l 'i'iiintiKii- of Ameilcn. nur-
lcrl li pir cent en iin-ier", .'"',,',. --:-miir
,'10 tn uteck of ree'iril Deeeinties- jn.
of r. i.rd lit Ct ine.'r L'O.
Natirnal C'lu.ilt and Suit, qunrterly I"
per cm en ,Tcfnrr.iJ, p.nuulu Ueiimiier 1
t, cirrr k of nceid NeveniliHr 7.
Int rmtlenal Cotten Mlllx. iu.irlerly ft. 7,'.
ni pr. fi'ind, pui.itl.. Ueiumber 1 te .tuck
of i, lord Neveinbiir "1.
ti
V,... . niwrnl- V. ..'..'..".'.' lj... PnrtiiiDnv. amr
,'-. II, W..lrj, ,-Slll.lOnill v IOHK Hill" "Mil w... r-.. -;-,---.
ter y II 7S uavaDie uecemoer m ,sn w.
rtfnri Vni'mliei- "T.
,mw YerK Trnu "i
Artlve. llutrher
receipt.. 1500 head;
1S.7.
Uw.ri. heavy
iH.euuin.ua;
tJDi reucbi,
and mla-d.
yerker..
"- . iiuani. an.DBi
03; lljht jerkrra and eitP.S.75
tv,uvwv,ia, awija, lyjgAittiv,
U. S. Certificate! and Treasury Notes
Int. .Maturity
llllle MI'I AHperJ Yl-lrl
in-. . . .lln.
1O......10O
lli'.M....10U
iii-j:i. ... no';
lOJII.... HO",
1II'J4,...10I l,
ItlU. . . .101 'i
ie.:..... tee ,'.-10
lirj.-i. ... nn -v.
HC'll.... 11101
10'JII OS.
I.xemtit fiein Kederul normal liteome tas
TAiciptatile for pujnient of liicema lax
dun en due of maturity
Th Triuulri ll.iliiirlln.nl r.f.iru In ,u,l,,n
I tilted Mtntfa Treuaury II'jh mid 4jh dun
iiurvmiier 13. 10. a. and Victory Nelea neilus
A-l''. 4h. railed for payment Uei ember !,',
WL'., at 100 und Intere.t at any tlmu befeiu
maturity,
llatn
ill- D'c.
t I 't, Hec.
I'll, Mar.,
tMS Junn
t:i"t Hi-pt.
I'.'i'. June
t'.-Vi .Sept.
I'l'i .Mar..
('!, l)ie,,
I'l'i .Mar ,
I'l'l Mi'lU
Federal Reserve Ratios
Wnnlilnirtlcin. Nev. 17. Italluj. of total re.
N..1VIM te net dcpe.lt. nml r-diial it, ner,
nole llalilllllea leml.lnid. fei the !.,, -,,
oral llesi-rx. bank, and tip. tntli.. aiiii,
ua of Nmemb'-r If, 10J.', tetiip.ir. , nin, ,ll(
pruleun wi.Llt and u iar ai,e. fellow,
,. v. Nev. 111.
,U,. ,J. tttiy
(1.1. II 114 J
M 7 Kti.il
7l.ll 7H.7
711 (I 7'J.ll
73. ll 7s, 7
7.:t 7.I.!.'
hil.O M ,-,
iiii.-j 7a.e
"ll II 7:1 1
11-.M1 11:1 :i
110, 1 mi -j
7-.0 71 3
jf Special Payments in m
MV Foreign Countries IW
R Te be made upon signing of releases lPJ
JL and receipts, as in the case of legacies, Vi
ml can be arranged through us. ImJ
I Brown Brethers i
IfjJ FOURTH & CHESTNUT STREETS IN
jJT New Yerk I'HILADEI.I'HIA Bosten 111
ImV BROWN, SHII'LEY & COMPANY, Londen
pameaa.a.MMMr.a,.MM,...itlaja,
llnaten . .
New Yerk
i'Ihm land
Itli'hinend . . , .
Atlanta
Cldc.iue
M l.eul. ....
Mlnlir-aiiiilN , ,
Kiiiihii. City 1
Dallas
Hull Friuiclricu
llf.l
7s. s
k:i ii
1
i;n
4i.:i
411 ;i
7L,s
li:. 3
Jii
40. ,1
7Ml
Total.
70.1
71.N
n.t.&A I naei-lilne AH DSIlai Dnnu.
100 l-ll -I..KI -ri iiim,M. -.. . -..- -VU..O
linn, a K4 ' 1'urUi Nev. 17. I'rl-e. meed Irrenularly
100 ;i,73 en tln ileur.K today. Three per eenl ri'iitea.
100 .'I 73 1 30fr rrSc; n-chnnice en I.0111I1111. Illfr ISci 6
10J 4,40 l-r lent lean, 73fr 00c, lliu dulllii' wa.
101 H 4.40,iuetcd lit 14fr 4lCj
.U ll'IV ,.1
1111 -4
lOO'I
III! '4
4,43
4 III
4 HI
payable Jnnucry
able Derem!
Dsrember H.
Ourreucbe
V . ..J:ii,.f-i
LA4t-
vWrterly 18.
v, nr:
reaeru
ar.
Jehn Meedy te Address City Club
. At th. City .Club lyaelwen Dembfji i
John.lleody will -PMiTen th 4l3uiiBM
end Inva.tm.nt Outfoek; (or liil."
BANK CLEARINGS
Hank elenrliiKH today cempariit with corre.
apenillmr dy ihI t tffifi mQ
I'lilla... OS. (Tun, 000 71', oeo.OOO 83,17,330
BAR 8ILVER
liar .liver wa. l-10d hlvher In Londen
today at 3J 3.11M.
, ,MpNSyf "01140, HATM.
PHILADELFHI 'U. -rK'etnt! tlm..
B per eentl sernm , f'jagefa "H te iU
turn, m --am-r a-r-a-au.- - ja-a-a-a-aa-a--L
J. S. BACHE & CO.
btebUthcd 189)
Mi. ; a'A" v""k slteek Cichant
Alcmbcrn ( c,hl-f? Beard of Trad.
f
New Yerk Cotten Exchan.s
and ether leadlnir Exchaneei
New Yerk: 42 Broadway Chicage: 108 Se. LeSalle St.
BranciM and cormpendentt located in principal ctin
Stocks Bends Grain
Cotten Foreign Exchange
Bought and Sold for Cash or
carried en Conservative Margin
1430 Se. Penn Square, Phila. IU
naner s. Humphreys ana
Jeseph F. Hickey
. Manaa-era
"i" ipruee UN C.rit. be
l-fr-ra-M MW"HM
IgbkBBu-bBbV'"
pSaHri'sB
' s I I tlif
-, a ,; .-'"
.rturrv
''
x)h
LK
dtli