!-
Cp!W5W?R?5K!W
r.v;1'.
tJI
f :vr-i. j 't;v-mc
T
" 'ZZSmmwwmm
it
x ''
,r
38
EVENING x PUBLIC
MM
ft.1
$
r,v
B'
-W
iA.
ST
I'
fit
Ms. Ten, ft Warefcie. Traai. Si, IMS
iTfWM Light ft Pewir Ce. . .Si, 1IS4
UUh Valley Ceal Ce 4i. Si, 133
Uhiia Val. R. R. Ce. Ceat. 4tti, 123
Mild Valley R. R. Ce. AaasitT 4i
PHte. Ciaa. CM. ft St. Leili 3tti.4i
Wad Jr. ft Saailere R. R. VA, 1136
Cras-a Skip ft Eitiiit llrfj. Ce. Si, 1929
PUk. ft Wait Chtittr Trad. 4i, 19S4
Hsctrte Ceaiuy f N. J Si, 1947
Mint Railway Cenpanjr....Si, 1930
lattera Steal Company Si, 1931
latJUaaselii Wattr Wki. Sec. .61, 1948
UUik Valli? Traaiit Ce. 4i, Si, 1933
lattera Ptsna. Railway! Ce.. .Si, 1936
Eutea ft Se. litkUkim Tram Si, 1936
Jeaaitawa Traction Company. . Si, 1943
Pefclic Strriet Cerp. N. J. All liinti
SAMUEL K. PHILLIPS & CO.
Mtmbert Philadelphia Stock Exchanet
(07 CHESTNUT STREET
FORD OF CANADA
REACTS ON CURB
Newcomer in Outside Market
Shades Twe Points en Small
Dealings
NEW YORK BOND TRANSACTIONS
i
LIBERTY BONDS AND VICTORY NOTES
nature Sine Date of Issue
Supervised
Securities
Yielding
Seven Per Cent.
The R. L. Dollings Ce.
"Builder rf R.M;r.i"
-Pailadelpliia Colombe! Indiaaapelii
1421 Walnut Street
New Yerk, Nev. 17. Tlie curb innr
fccl cuntltiited Irrejfiilnr nfter tlie open
ing with trailing les nctlvi', t'speclntly
in tlie oil teclK. Mngnnlln moved nt
n ronge of '2 points. Angle-Amerirnti.
tntt'rniitlntinl lVtrelcinn mill Stiinilurd
ttll of I milium shown! only anmll tirlt'i'
I'hniijtPs. Arneld -CeiintnbU' ns lift
mid Mi'vubl Iren n friirtleii.
Si'liulle Slerci yiolded It iHilnts nml
l'lillip .Merrix Hourly n point, (iillettr
ni up it point. I In) os Wlicid nilnl
Mcndy. Ker I of Cnnnda en Mimll tlonl tlenl
1iik. rciietvil - tielnt.
100 Arneld Cnnt.ibp
100 Hrtt-Am Teb coup
li'MI IIUilllv tluds
30O I'nlumtila llnierald
lull Curtlss Aero
10O Dublltr e It
-i0 l)ur.int Meters
l.'i Ollletle M 11
loe (leudyeur jif .. .
lii'i liases Wheel .
Tun lies den Chcm . ...
il'Hl Cens (Ins w 1..
liuii Vvhn u.is rla
tNIU'STIU.I..
HIkIi Lew 1 P.M.
20'. 20s 204
10 1 11'.
1'? "? Ir
:.ic sic sie
41. 44 4;
3'a
.-.04
4-
J.-.J,
34
7H
02.
:s
If There Is a Market
We Can Find It
We held sales of stocks
and bends every Wednes
day, charging $1.50 en
trance fee for each item. Our
weekly catalogues and post
card service reach every mar
ket. We take pleasure in
furnishing quotations.
Barnes & Lefland
Bleck lli-eker and Auctioneers
147 S. 4th St.
Mil. .Ml1?
2111 248
2.V. 2.1
87 . .17.
eTs ei-s
2S 2S
40') 10O
.111'. 3H'
S'j Mj
10' ins
im4 t:.i4
MS le"s
S"t t
.-.4 .'.
4nc 4 -
14 1U
In Continuous Business
SO Kenl .Mat C.inncl.i.40''
2U0O Nat Illscult 37
."ou New Fiction ... hi,
200 Wintrier Meters . . Ill's
ion lr-irvrl.il Tobacco . IS',
in.) JltuM Iren .... 10"s
Who llmlle com . . 4
toil Sicliulti' stores . S4
200H Seuth Cur.i & Iren, loe
3D0 I'SUII,. .. l'
li) I'n.tc.l Het CnnJy. it's
Uie Wuyne Coel . . 2'. 25. 1.
NTAMIAKII OILS
OOO AnKle-Atn Oil . ll''j Ill's l'i
12.1 llucheje P 1. . lii'i !"' i (''.
20 OHlena Slitnal . Srf SS Si
JS linn ill) inaiU .112 I1J 112
SiS Ind.ana l'lpe . ..102 100 102
2U0U Mtanil Oil of InJ.. Uil's l!'l5s U''."
200 Vacuum Oil w I.. 4t' 41". 411.
ll'O Sit Tmnslt 24 2t 21
4.1 NY Trans , 18.1 W. 1M
390 Stand Oil N J v I 40s 40S 4U
INUEPKNUKNT OILS
200 Alcnn l'
100 Arkansas Nat Gas. d.
Itleh Dale
103.02 Oct. III. '23
102.70 Oct. in. '22
101.68 July 2S, '22
101.81) July 21, '2.'
100.80 July 21, '22
100.84 July 14. 22
102.00 July 111. '22
101.78 July 23. '22
101.40 Ju.y 21, '22
lill.OO Ju'y 21. '22
10H 80 Juls- 2.1, "22
101,00 July 20, '1'2
100.80 July 2.1. '22
llll 811 July 27, '22
101.02 July 21, '22
III". IIS May 10, '22
100 DO Apr. 8. '22
I.nsv Date
80.00 .Tune 2, '2t
80.11 July 11. '21
83.00 Msy in, '20
88.80 May 10, '20
81.40 May 20. '20
81. SO May 21. '20
t'0.00 June 7. '20
84,00 May 21. '20
84.00 July .10. '20
81.11) May 20, '20
83.. 10 Der. 2.1. '2D
S3. Ill) Deu, 20, '20
82 40 May 1, '20
82 44 May 20, '20
82.01) liny 20, '20
04.70 May 2", '20
04.08 Mny 2J, '20
nance. '32
Itldh Lew
10.1.02
102,70
101.08
101,30
100.80
10O..14
102.00
101.711
101,40
101. 00
1O0.SO
101. 00
100.811
101,80
101.112
tne.im
loe.oo
1)4.84
P4.83
11.1.71)
07.80
0.1. SO
os.ne
118.00
110,00
0.1.80
04. Os
IIS OS
101.74
114.72
PS. 8.1
D.1.70
100. 02
110.84
Issue
Liberty 34a, 1032-47
Liberty S'is. registered
Liberty 1st cv 4a 1082-47
Liberty 1st cv 4s re , . ,
Liberty 21 4a 1027-42
Liberty 2d 4s re
Liberty let 2d cv 4U 1082-47
Liberty 1st ev 4 lis 102-47 ...
Liberty 1st cv 4 Vis rev ,,,...
Liberty 2d cv 4 Ma 1027-43 ...
Liberty 2d rv 4Ua rcg
Liberty 3d 4 tj J028
Liberty 3d 4tia reir
Liberty 4th 4'is 1038-80
Liberty 4th 4 Us ren
Victory 4". a 1022-23
Victory 4"s rcit
Illali
101). 20
Leu"
100.10
1:80
P.M.
100.20
08.ne 08.50 us. se
08.00
07.00
08.40
07.00
07.00
08.42
08.32 0S.30
100.28
100.00
DJ.Oli
07.00
08.44
'08.80
ioe.28
100.20
100. 00 100.00
t.iALKS IN I1O0O
FUUKIUN DON11S
Anten Jerc-ns vi Belns It 1 .. . OS'
XJ Mar W 01 S 8.1'i 8.. .. OS'
: i.iui 2 se s... . ess
.1 . . . . I 4... . 8... Klncdem Ner
Arse Hrp'c M; 1 ... ,80i way ct Ss
4... 83 7... . 8S 2.... 110
Ante Hcp'f 7s Je Cn St '2 K rlHeden 'Is
l. . ine'ii s .... ens l.... i"
8. . 1 0(is, Je Can St ". .1.... 103
I . . 100's ..... 100H Cnrls-I.yens M
Chinese OowilJuieM t: Ind's Hairy et
It- Illy Ss i rts Us '47 ft 71
10 St'.. .1 02 2 Tl'i
8 ... SI ' 1... . 03 8 71'
Clt of lli'iKen, Dutch EI Ind's 11 71'.
fs rets rctt Os M12 1 71's
0.... lOS's. 2 024 C. 71 S
City Herns . r'rnm'n Indust 8 71 (j
1 . . 100 I'cv 7HS
City Uerd's Os 8 HS
4 .... 77TsOeve't Fench
1 78'l
8 71
City cf Clirlt
tlnna 8s
1.... 107
City Oreater
Itobue SV, s
80tez&S'm
MOYBR Cr CO.
stjsMitst mjmi rssv. titsutt
BANKETIA & BROKERS)
SOt rftsMtnnt Rtrtsrt
GEO. A HUKN k SONS
Hmteri of the Phlhitelihia. New Yori
and CMcste St ck Fschinitei.
New Yerk Cotten E'chsnte.
STOCKS & BODS
bought anl sold fir ra-.li or carried
rn (.nt.? rvaltv, lurtrKln.
BU:tud Ccurt Bll.. Hi Wilnut St
N. Y-. Ill rredwV
Safe Bends for Investment
Halsey, Stuart
& Ce. Inc.
LaasiTWsBld,, TtUphvm Ueml 7410
INVESTMENT BOND HOUSE,
members of Phila. Stock Ex
change, desires bend salesman
with clientele; salary and com
mission. Replies confidential.
A 825, LEDGER OFFICE
2uO Carlb Mynd th
2.i ( Hies Merslce Is'
2e FeUral Oil . .. .83
r.de (llenre'k Oil . . I
80e Int Petrel . .. . 21 's
llnen lU-jstone Ranger . 3se
400 Kirby Pete .Hi
2iin Oulf OH Pcnn ... 51s.
-.'On l.ewrey Oil 2'
200 Mannella 247
37oe Mammoth I2l
10 Texas Ken . . . SOr
lulu Midwest Texas ... 20c
.100 Mountain Pred . . 1111.
ltlie Mutujl Rcf lls
120U Omar Oil .... m
V Pennnck Oil '
4'n tfslt C:-"k Pred . . 18s.
'no Shell fnlen w I.. 1
!'00 Slmms Pet 12
7ml .-eu-.h St.ifs Oil . lflW
SOi'1 Texan O I.. . . . 3Sc
lue Turmin 1A;
SIININO
t- 0 Alas Pr Cel .... 2'.
2ei'0 II it Ment .... c
lUOCanirle Copper .. 2
2u 0 Can le'arla Mln . . . 34c
.'On Cens C'p Mln ... 3'.
lemi Onrtez dilver ... l's
IdOO Ki alvadr 3c
seen Emma Silver 3e
SHOO Uureka Cree .... 25c
0000 Fertun.s le
.100 Howe Sound 2'
7001 Inderen 1 Lead . . . 2.1c
SOOO Lcr.e Str 'te
:000 Cerk Prev 20c
SO" Pean Cens . . , 70i:
1'OnoGe.d Heep ... 12c
,"ui) Henerletta 73c
IdOO N Y Porcupine . . 50c
liwl'O Richmond - "'
sei ii Natl r.al Tin . . . 2.1c
lOieN'esnda Ophl- . . 12e
d'i'O Nev Sll Hern .. 3;
leilO s-piiirhead ... 7c
1000 Stand Sll Lead . 18c
100O Success Mln . 47c
.100 Teni-rah Divide . "Sc
loe.) Trl Bullion ... 10;
400 Unit Eastern 1 4
1'.
- '
44
17
:vl
l.t
SI.
:iiic
'-?
2's
::.
4m
:.ec
2'lc
10'i
ii'i
14
-'.
l-ii,
us
n'i
in
3.V
l-
1
4'j
117
S3
1 A
21'.
248
4'm
.-.ec
1U
's
1N
US
11'.
in
3V
1A
10.
3
10.
1..
City
4..
73's
74
n 7Ht rets
041.
1..
(..
1..
1..
8.
3.1.
Gese't
04 .
04s
044.
04 4
04
044
04 4
04 ?.
Fench
oenM ih -
. 77's! H.-
Republic 8
2 07'4
074
07i
I..
1..
1..
77s
7S
;s
O(sale) 71
Quecnsund Ct
2.. . 1004
Queensland 7t
1.... JOS
2.... 108
R Chile 8s :n
4.... 101's
7 102
R Chile 8s '41
1.... H12
7.... le:4
Rep'c of Uru
guay 81
1.... 1034
Plate of Saj
Paule ct 8
4 074
V K C-ilt Urn
A I S4s '29
2.... 10114
:e..,. 1004
10.... 1004
P K Qrt Hrlt
I64t'37
4.... 1024
1.... 1024
t; S Brajil ;
4 0
Ml
1
1...
Mln A St Ii 4a
3 384
M & StL fd St
1 304
M StP A 8 tite
Marls 04"
1.... 1034
Me Kan & 'IV
nj St ivl
0 001;
2 r.t"
3. ... GO'.
S 31)4
M Kan A Tel
Es A wl
1 834
M Kae A Tex
s C Tfl
0 00'i
Me Pacific 4s
1 03
20 024
Me Pacific Oa
1 00
Slent'a Pur .Is
1 0C4.
1 euw
3 00)4
Mentr'l Trait.
ayt Si
1 80
10 8SS
1 80
Nt'l Railway
Mexico 7a
1.... 1104
.... 1104
New Hne-d Tel
Tel 8s
10 084
a 07i
10 08
New Or Tex A
Mexico Os
B.... 100H
N Y Ct'l en 4a
1 824
2 824
N Y Ccnfl Ss
S OS.
13 0,14
S 05.
N Y Cent'! Os
S.... 101U
N Yerk Udl'n
04s rets
:.... 1004
N Yk I.lithl H
A Power ft
S 074
0 074
New Y ,V H A
Itart'd Ot
1 754
1 7H
8 75
N Y Pan 3t
6 03
N Y Steam Ot
1 074
N Yerk Statu
R) 44a
1 034
New Yerk Tel
Ot of '41
1.... 1044
New Yerk Tel
Oa of '40
1.... 1044
N Yk Pusi A
W'n fd 8s
1 03
Nfk A V d 4l
1 80
Norfolk A Wn
cv.08
I.... M8S
11.... 1154
N A Edl'n Ce
Oa rctt
5 0.1
N Pacllle n 4a
4..... 80
1 8Si
N Paelfle R St
1 074
Vre S nran.
41 rctt
8 (fin) !!)4
3.. 80 4
24
ic
24
34c
3 4
14
3c
Sc
23 c
17c
c
lie
.i'-.'c
2Sc
lie
4Tc
TSc
10c
It.
34,
34
14
3e
3c
2 Se
17e
?
He
JOc
711c
12c
73c
r,;ic
27c
2'.c
l.'S
2e
7c
1 ,.
tte !
1
7S j 4 071.
10 l's
1 07's
Klnicdem Nor
way Os wl
City Mars' s Ct 7 tinTs
3 ... 7S 100
8 3 00'.
1 79 n 07
0 . , . . 7S Ian Gesen't 4.
1-- -. 7S 1 704
I'ty Rie de Ja- I . . . . 704
n'e ct s '47' Pelitlum Ot
3 Oil . 10 0(1
: fin I 1 lid
Cv Sae Paulei 2 0S4
! I 7(sat) 0.14
.. OS K IK-lB'm 7 4s
3 1" I It 1004
5. . .. !)74l 10.... 101
City of Sni.i 3 . . 101
sons Os - llelelum Rs!
2 764' 1.... 1O01.
City Zurich - 1.... 1004
1 ... 10041 1 100.
izithe-sluUAi is'irsdem Den-
nes'c Ss I mark ct 8a
1 8 I 2 108
2 .. M I 3.. . lOi
Denmark C n ,K Italy 04t
ct A 81 ' 1 ... 04
.1 . . . 1074 K of Nether-
landt Ot wl
10 OSt,
neMixnr iends
f S Gercrn'I . I, inse Mil & Great Nerth'n
of -12 StP fd 44s I Rall'y S4.
0') SO .1 C2'; 11... 100'i
. 1'0.S4 3.. . 02", 1 11H.4
fi'i SO 4. ... 024 1 r, .. 1014
00.50 ,-hlcaire Rl,- 1.. 101
H e Klreat Nerth'n
llall'y
4 PS
1... .09
4. . P7
7(sale) 074
1 O'i
S... . 01
1. . . 084
l S Mexlca 5t
.1... . 4S
U S Steam '3
Ce Cep ct Ss
1.. 004
4',
3 .,
3.
American ART . 'B ,
,-h-m 74 s CM Reck I A
2 .. 10.141 Pje f"
Am r. Smlt A; J - '
Refs Sa I -:, ; ?V
P2 I hl Reck 1st d
T' nX & Pac ct 4s
.-.':::: niii ... 974
"-- - -' -v..
American 5-j.i
Refining rt"
1 1014i
1.... 1014
BOND!
I, 33.JUe7s ll'.'s IW'I
BROOKE, STOKES & CO.
INVESTMENT
SECURITIES
Philadelphia
Washington Baltimore
Alan A. Alexander & Ce.
Stocks and Bends
Colonial Trust Dldg., Phila.
Bend for Copy of Our Weekly Murket
Letter, "I'ps und Denna"
-.100 .mmlmim
111,,.. lrr.uf Te, O. '.'(..IQl 101 101
lcoeo Anaconda Cjp Ub..10e's le's loe
Siwe Anaconda 7s. 20.103 leJ H'J
oune Armour i Ce 7s .1044 ,1014 1014
20'je fleth mki 7a. '35 1U24 1124 le24
(.mm lmii Xn, Ity V.i 7t.llu4 l"'.'ls 11"4
.'oeu Can .Nat H Ki 5s )i 0?". l'4
-U0O Call 14 ll.C ' I'll Ul l.ul
Kioe Cen Gas Halt 54 s 0s' Vis1. 1"4
2U0') Utt-rv u Ce 74 l.l 'u? J0-?
liioeGiind l'runk i4e.l0l. Ml. 101
l,ue lUrtl.ty C C 7i 104 a 101 i 104 s
ivw Inter R T Ss ctts 01 1'.' '.';'
lluiie Kvnnecitt C 7s 1034 1 i4 luJS
I0oel.acl.-di Gas 7... 1014 lel's 114
lwts.uu.ins 7 1014 I; 14 1"1.
luoeo Oulf Oil 5s oil's D'J4 Oll-s
Jilf) Kmisaa Cv L P 5s 90 4 It') s 0)4
.v'Ol'ub scr N J Js 12 4 1"2 4 l"-'
Oi'OU Snlft A Ce Ss .. ('14 '.'s4 ''!
S.'yj Swift & Ce Tt 31.. 1024 1024
.'.'Oil L'n ml Prtd 3s .. Oi 0.4
5000 Su.- St Or 7s 07 4 04
reKEIGN IIONDS
12OO0 Klnt of Neth Ot .. OSS
5010 Klnit of Serbs 8 . . 73
10i00 Mex (lest 3 104
luOOU Mex Gevt St ... 124
llufie N Y N H 4 H F 7s 1 .
eoeo ciu.e 7s e 14
15000 V S Mex 4s 304
!'r'c Am Tel J: ir
' . dt 4s
-"j 1 004
1 004
S Tl T
, fii",4
: .. . 004
V Tel A Tel ).
4. .. 113
Mner'n 1V.iter
Were 0
7... 134
A-n'n M'ritnu
lMr- fd ii
Hsa:i 134
s" C an I 'i
2 ... SO'!
Atl c Ilef'B I
3 . OS's
' u cv l
1 . 114
2isale) si',
2 . . 114
3 . . 114
hlc.lKO IVest-l
ern Ind Ot I
I. .. 10.1
nil Cep'r rtt
2 .... 054
10 00 i
lilie Cep'r 7
110
10.
15
10
I.
21.
luJ4
t'74
074
RETAIL TRADE BROADENS
Seasonal Lines In Active Demand at
Advancing Prices
Trade In the Philadelphia district
(lurliiK the Inst week has shown im
provement and considerable activity,
according te the review-by R. O. Dun
sS: Csi. nuildlng la at the peak of the
yenr and kindred lines hIievv mnrltml
betterment. Seasonable lines, IncludltiR
clothing, are enjoying a prosperous
f,fii, i trntie, wnue nn advance in prices la
sii't noted.
Jobbers of ivellens and dress goods
jay sales have been particularly geed
ler the lnt tllirtv dnvs. tmdn ryinflimna
'uraiii'i'i'111'11' KUisfiietery, although payments
iin- UUH'SSUllt MOSS.
The review, continuing, gees en te
my :
"Jobbers of cotton and piece goods
report increased sales and a volume of
business considerably larger than a year
ii2e. A number of houses state they
have been forced te decline u consider
able amount of business, being unuble
te premle early delivery of goods, pro pre pro
durtlen being considerably curtailed
owing te the recent strike.
"The clothing trade Is active, es
peeially men's overcoats, and a prem
ium is paid for Immediate deliveries,
.glen's and boys' clothing is selling well
al advanced prices.
"Cloaks and suits arc In only mod
erate demund. Manufacturers of
drou-es state snips have improved and
there is a geed demand. Shirt manu
facturers are doing a fair volume of
trade and novelties arc In demand.
"Leather dealers say trade Is fairly
nrtive, prices steady and showing a
tendency te advance. Shee mnnufac-
tlt..r- lifis-ii fnn.1 i.eilnru nn lmn,1 an.)
711'. ...... - . p,v-i ....v.. .... ...in., aim
-!). i at nn advanced price. Wholesale hhee
Uerthey Che- , dealers report iney are behind in ship ship
ceiate co is nients. owing te inability te obtain
: 2 .... 084 shei's from manufacturers.
I s .... 084 ".Millinery dealers ere doing a fair
- " nl!' "lelumc for this period.
He'us'n Pelt .is ' "Husines with paint manufacturers.
:- . j 034 lllul1 " "i points unu puinters supplies
iJei iiu.i7en"& Man i aulte brisk. Trices remain about stu stu
Hei, in ndj 5s , tieiiury and collections are Inclined to te
ii n 12 .... 3s4 i ward ilewnes.
iJusiness is also geed with manu
facturers, jobbers and dealers in wall
paper and several months, nt least, of
inlr business is expected. Ihere is lit
1004
3 . no
2 1004
Hirl-im R 4 P
Chester 4
3 70'i
10,
S 074
N Pacific n Ot
10.... 1074
I.... I07,
3.... 1074
I.... 1074
North Wett'n
Hell Tel 7a
1.... 1074
1.... 1074
1.... 1074
Or i. A Calif St
8.... 1004
Oregon 8 1. 4
1 014
3 014
Ore-W R R A
Navl Ce 4 a
is son
1 804
Pacific Coast
Cemp'y Dt
1 70
Pacific CAa A
Elec 5a
1 014
Pacific Tel A
Tel fd 6a
1 007,
1 01
2 004
Pa R H 4s '08
3 024
Penna R R 3s
2 004
2 004
4 004
2 004
Penna Rd 04 s
0.... 1084
1.... 1084
Penna R It 7a
2.... 1004
1.... 110
It.... 1004
Peoria A Estn
Itt 4t
0 20
3 27
Preduc A K 8"
S.... lOSl
C... 1044
O(sale) 1044
Pub Serv Cerp
N Jersey fit
3 834
Reading Ce 4s
3 .... 8314
Rem Arms na
1 044
Repb'c Iren A
Steel 8a
1 014
Reck It'd A A
Loul' 44
1 804
StL I Mt A S
RAO dlv 4.
834
1 8.14
StL A S Fran
adj Ot
1 704
2 704
2 77
S 70,
StL A U Fran
In Ot
StL A S Fran
Strict A 4a '
3 Tt
10 704
n 704
10 70s
0 704
1 704
StL A S Fran
Serlea D 8a
1 834
1 8.14
StL Swn en 4
1 77
St I.e 8 UVn
let 4a
1 78
It PI A K C
Short L 4 4
1 704
B 704
St Paul M A
M am 4a
1 03
St Paul M A
Manlt'a 44 a
6 07
San Antonie A
A P Rly 4a
0 744
S Air L fd 4a
1 404
1 404
8 404
Seabe'd Air I.
Sta'd 4a
4 30
S Air L a) S
5 224
Seab'd A L ea
1 044
3 04
4 04
Sinclair C OH
Cerp Ta rcla
a..., 1004
1.... 1004
1.... 1004
Sinclair Pipe
Line Ce Ba
I 2
IS..
8..
10..
t..
1..
1..
10..
2..
014
01N,
01 4
014
en.
014
ei4
014
110
1104
1104
034
73
104
ii?'.
'.H4
os 4
73
104
134
014
si2.UUU Lite Insurance at
Age 35 for $10.08 Per Menth
IB tn (i!a-J.int cempaay
tend Your Dats of Birth snd Ltara
Watt 110 a Menth Will De for Yeu
PEARL & SUDLOW AGENCY
1701 FINANCE BLDO.. PHILA.
"Dtpeadshle Iniuranes Slice H9V'
S. ... 814
He I 4. Uh
1 .... S4'i
Pamtdall is..
Cerp A S
2.. .00 4
Huff..,!! fill
3C'' I Cerp D i
8.. . 101
Federal Reserve Bank 'i ici.p.ie
I r J'a
' 4 . 10s4
. n s I l '
s .. e:4
I 1 .. - 024
I Bethlf- m hi.. .
14.019, luu I 5s of '30
7 ... 024
31.031 137 !.(. atesl tt
014
014
3... . Oi's
107.004,701 1- .- 08's
12 .... SS-4
5.. .. 514
1 . .114
3 . SS
C N Y 44'l 10 S4
1 1054 Hudsen & Mai
r-lnc.n Onu , fd 5s
10.. . lfl 1 124
5.. !I74 2 . 824
3 074 I.... &-
1 07 4 1 824
"e-el 1 Unieu Humble Oil A
Ter'l 54 s R-ru S',t
.1 101 fl. . 074
7 103 1 07 4
Cel'.rad) Iu-i 1 . . P7 4
& Iren Ss Indl'a Steei ,1s
11.. 804 2 . 10),
in i i . Interbore Met
5 .... 804 ct 44 s st'd
ion ('. n.8 3 11 Vj
'v ' 20 114
3 -. M4 s 114
-UI,R L- ,1 .-- 40. .. . 11V
3 534
Tidewater Oil
Ce ct 04a
1.... 103
Tobacco Pred
uc ta Cerp 7a
8.... 103
Teledo Trac
tien Ce 0
10 00
Union Pag- A
Paper Oa
3 074
Union V fd 4 a
8 854
1 854
Union Pac ea
Knat) 103
Unt'd Dru 8t
10.... 112V
1 8RH
2 884
10 84
1 804
7 80
2 884
1 884
Sn Pac cot 4.
4 83
Sn Pac cv 4s
8 004
2 004
Sn Pac fd 4s
1 80
2 Ml
5 854
Seuth Perte R
Sugar 7a
1 004
Sn Railway 4s
2 00.
3 004
2 004
5 004
10 004
Sn Railway Bs
1 084
Sn Rall'y 04s
3.... 101
1.... 1014
Stand'd Oil of
Calif 7a
1.... 100
11.... 1054
14.... 1054
Tex A P cv 5a
10 72
Third A ad) Bs
0 B4,
2 644
1 644
10 844
8.,
10.,
1.,
31.,
1.,
3.,
News for Investors
The, average price of the twenty ac
tive Industrial stocks declined 0.30 per
cent yesterday te' 04.72 nnd the twenty
railroads declined 0.48 per cent te
80.50.
Hales of Montgomery Ward & Ce. In
the tlrst ten months of 1022 totaled
.f0!,841,140 in contrast with $60,050.
454 in the corresponding period of the
preceding year.
Herace II. Lee, for a number of years
secretary nnd treasurer of the Philadel
phia Stock Exchange, leaves tomorrow
morning for California, where he will
spend the winter.
Grouped freight loadings of th
Atchison, Burlington. North lies tern,
Illinois Central nnd Heck Island for the
tlrst fceven dnys of November were 207,
710 carloads, against 173,525 a year
age.
The pamphlet report of tlie Fajardo
Sueur Company for the yenr ended July
III shows surplus of $272,488, after
xnis compares
54
644
r.4,
8.1
65 Vi
S2J ' charges and dereclntlen
Corporate Maturities In December
New Yerk. Nev. 17. Corporate maturities
in iwemnrr mtai itis.lnD.tnm. airainst sou, seu,
078.880 In Nes-ember and 1101.010.023 In
December, 1021, Mett of these Issues nre
for email amounts, and payment has been
provided for In nearlv es'ery Instance. The
larKest and most Important oblicttlen Is
me Lonsenaaten una company et .xesv yeri
ene-seaer 120,000,000 7 per cent notes. The
Phila
he statement of condition of the Phila.
de.phli Federal Reserve . Rnrik at the clvs-i
f bUHtness November 1.. fe!.esf
RESOURCES
Nev. 13
Geld nnd Beld cer
tificate . .
Geld settlement f d,
l-d. Res. Heard
held
sta 1
1 854
0 834
!j.-
company haa provided for the retirement
of these notes bs- nn Issue of 0 tier cent
preferred stock, svhleh sslll be offered te
tie change in prices, and collections are uffi,?np7. "AllBlf dur! PccS 1,
s-sWnewliat Slew. V..!ern Kltetrlc Cnnuinnv (Illinois) $1.1.-
"I lard ware Is active, and shows n i oeo.ooo first 5 per cent bends, pavnhie De-,..,1...,n.-
fn Ineranu. In t-n1n... Tin i cemher 31. A plan for financing has net
telulencs te increase in lelume. IOC hwn announced Railroad matiirltl.s In
with deficit of $005,302 in the previous
year.
Liu; Chicago Stock Exchange has
listed $477,-100 additional Standard Oas
and Electric preferred stock, making a
total of $14,477,400 and interim re
ceipts for $1,200,000 Ulebe Steel Tube
tlrst sinking fund Os, duted July 1,
1022. due July 1. imi.
Tlie New l'erk Curb Exchange has
admitted te trading I'heenlx Hosiery
Company 175,000 authorized common
shares, par value $5, and 40,000 au
thorized 7 tier cent cumulative preferred
shares, par value $100. lleth when, os
and if Issued.
I.lkullliittiil ,if n fttnclt iltvldnnrl 1m.
Ut'd' stores" rWJfliatlen by Packard Moter Car Cem
pany is an aDsoreing topic in nnnnciai
circles. Notwithstanding officials and
directors refuse te comment, bankers
declare tlie matter is under considera
tion nnd will be acted upon shortly.
The Chicago (Ireat Western Kail Kail
read was authorized today by the In-tcn-tnte
Commerce Commission te Issue
te the Pullman Company $1)00,573 in
short-term notes. The amount repre
sents the unpaid balance en purchase
of new freight equipment by the rail
road from the company.
Lehman Brethers and Geldman
Hnchs & Ce., announced today an of
fering of $4,000,000 7 per cent cumula
tive preferred stock of the Phoenix Ho
siery Company at a price of $100 i,
share and accrued dividend. In con
nection with the announcement of tle
stock offering, details were made public
for the tlrst time of plana for u re re
capitalizateon of the company.
The Treasury Department has esti
mated that 310,000,000,000 of Ameri
can wealth is invested in tax-exempt
securities. Of this sum, $2,500,000,000
represents Federal Government securi
ties. Tax experts estimate that the
Government loses between one and two
billion dollars in revenue annually be
cause of the tax-exempt security privi
lege. for nine months ended September
30 the Pacific Oil Company reports
surplus of $0,204,080 after Federal tax
and reserve for depreciation and de
pletion, equivalent te $2.03 a share
earned en outstanding 3,500,000 shares
of no par capital stock. This compares
with surplus of $13,203,851, or $3.70
a share in corresponding period of
1021.
The General Electric Company of
Germany has Increased its capital stock
by 300.000,000 marks te a total of 1,
400,000,000 marks. Ne action was
taken en the dividend, although the
question was raised whether tee in
creased cost of living did net make i!
advlsable te Increase te 40 per cent
the dividend of 25 per cent declare!
at end of last business year.
The shares of the Ferd Moter Coai Ceai
rnny of Canada, Ltd., have been luted
en the New Yerk Curb Market, and
for the first time the stock of a cor
poration with the stamp of Henry Ferd
en Its certificates were bought, sold and
quoted In Wall Street. Mr. Ferd is
president of the company, which is net
a subsidiary of the parent concern, and
owns nbeut 18 per cent of the 100,000
authorized capital shares.
Cerp'n flt '42
te.... tee
8.... 100
U 8 Realty A
tmpv't 6t
2 004
U S Rub'r St
2 88
2 88
1 88
U H Rub ct St
Kaale) 874
3 874
U 8 Rub 74'
8.... 104
U S Smlt R A
Mln'g Os
2.... 1004
United States
Steel Ct
0.... 1024
2.... 1024
Utah Power A
Llcht Oa
1 00
1 004
6 00
1 00
Va-C Chem Os
8 100'4
Va-C Ch ct 7s
5 034
3 054
Va-C Chcml'l
cv 74
3 85
Va Rwy Ce Si
1 074
2 004
Va A S IVn en
5 804
Ys'arner Sugar
Ret'a 8a
4 ... 103
IVarren RTSHt
2 744
W'est'n Md 4t
1 034
W Pa Psvr Os
1.... 1014
Wilten Cem
pany cv flt
1 044
Wilsen Cem
pany 1st Oa
2.... 100
3 004
Winchester R
Arma Ce 74s
1.... 101
Nes
HI
0
714
714
M.701.000
47 101. 31?
141.270,537
MAIN and COMPANY
nnnnrionnttfienrinnnnrintirieinnnnrinruTt)
3
Certified PubUcAcceuntants
Finance Building Philadelphia a
iliUUUbuUbbULUtJUUUuuuuuuuuuuuuB
j
was
RtcipaocAuAuTOMeaiisTHSuwAMQ
Meant
25
Savi
ing
Pennsylvania Indemnity Exchange
aapBreid St, A Se. Fenn Square .
Vn.nl mrtM
by bank - . I33.8C3.:83
Geld with Federal
Reserve aKent . 10. 527 Ml
Geld redemption fd 4 101 107
Total sold r-s 1221,5-3 130 I221.210.01e
I.ecal tender notes,
sllser. s'c 13.112 15') 11.012 75-
Total reserves $211.437. 084 1230 120. 70S
II I I I s discounted '
Secured m- -
Oest ub.lsati ns $3.1.407 210
All ether IS 707.-30
H.lls Onimht In
epen market 15 041. tin
.V II i
.1 074
, & It I
2 . . 48
ry Or-
7 08'j
l U It
, - ttf. a.
D Match 7U, Ini-rbore Rap
l 1074 Tran fd ct
O de Nemeu e 7.n.
Pwdr 74 a 1 20
1. .. 1074 ! T3
1.... 107 I 6 . 734
-..l.. .1ST If. 74
12.8M Oil ' nkn Edl C 7. ,"""' nT, ,-,...., A.c
ri-n n-.,,1-? -. "" i-'a-ht ", Cerp-n 5s
Hen Rap T ,t i , . 103 ' 1 ..774
I 11- ..--.-.- Pub! Tnf.'l C--.nl
Sugar , ' Cerp'n St
2 .. 1004
2 . mil,
i I
-I 1.
strengthening in prices is. te some ex
tent, due te shortages of certain ma
terial. Moderately slew collections In
this line continue.
"Leather belting manufacturers
report business is normally geed. Seme
manufacturers are very busy, a ma
jority of them have all they can com
fortably handle, and only a few are
net busy. Virtually all ere looking for
additional skilled labor.
"Manufacturers and dealers in
SlA H-S '.t lltHSn ntstVnSeinTt. SB 1 J 1 9 -TtSrStfl t.l-Jn.JnhmAnJ
10 114 w"""i iiiiisr. rn'iic, uuvns uuu muureu
3 .... 114 I "'"-eriai useu in DuiiuinK nnu construe-
int.rb'ore nap. t ten, report nn active demand,
Tran fd s although the nppreaching winter sea-
2 744 i son is reducing the shipments in some
2.. . 744 sections. Prices rule firm nnd collec cellec collec
e . . 744 , tiens are fair.
"Klectrlc and gas fixture manufac
turers and jobbers find demand spas
modic. Fer a period, several weeks
age. a derided improvement was noted,
but the last week trade has fallen off."
Ileccmlier nre unusuiillv Unlit. (13.3.11.000.
The largest Issues due are Canadian North
ern 10, OOO. OOO .14 per cent notes nnd
Rochester and Pittsburgh $3,020,000 0 per
cent bends, both due December 1.
Cottonseed Products Repert
Washington, Nev. 17. Cottonseed crushed
during the three months, August t tn Oc
tober 31. aggregated 071.332 ten, compared
svlth 1,011, COO In the same period last year,
and the quantity nn hand at mills October
31 totaled 771.107 tuns, compared with
732.051 tens, the Centus Bureau announced
today. Cottonseed products manufactured
In the three months period nnd en hand
October 31 were: Crude .ill produced, 200,
303,842 pounds, compared with 300,157.48.1
for the same period last ear, nnd en hind
00.871,000 pounds, compared with 102.077.
007 a sear age. Refined oil produced, 174..
018,140 peundt. compared with 100,514,203,
and en hnnd, 87.827,085 founds, compared
with 117.370.042. Cake and meal produced,
43H.031 tens compared with 451.001. and en
hand. 110,8.14 tern, compared svlth 172,301.
t.lnters produced, 185,847 balet. compared
with 127,485 and en hand 74.400 bales, com
pared svlth 10.1,830. Experta for the period
are net available.
It Hap T ct
en . n,
nroek'n Unlenl j ".,', 04
32.
11.
T4 010
: 10, 33i
17.107 211
HORACE P. GRIFFITH & CO.
Certified Public Accountants
NANCK nUII.nlNO, Plilludelphlt,
Herace P Orlmth. C. P. A.
Wllllard II. Olmler, C. P. A.
IVre, Lewis MrOrs. C. P. A.
Tet bllH en hand t70.17rt.447
f S b n1s .(. net"s 23,017.301)
l" s . -rilflca.s of
IrdeMn-dnenrt
Un-J - year certtfi-
i iis tl'lttman
Act) 2.000 000
All ether 3,147 500
$01,411.1117
23.370 030
2,800 000
5,147,500
MORRIS J. ROOT
Certified Public Accountant
Lafayette Building, Philadelphia
Total earnings
asses
IlanW premises (In
' U'l.i J saultl .
Flse per cent re
demption fund
nvnlnst Fed Res
Pank notes .
Uncelle'-led .terns
All ethqr reseuir.-,
$101 311 247 3100 100 017
024,309
;-,ii ern
00 501 017
114 4.052
021 3'JO
250 005
l.l.llll.Sile
031,413
Oas 1st
1 . . 054 1
Bush Ter'l 5s;
.1 . 024
Canadian Onl
Elec Oa wl
1.. . 1014
Caned'n Nth'n
04 s rets
. 112
Can'an Pac 4
2 . . 704
1 ... 704
Canada 8'n 3"
1. ... 00
Cent'! Fdy 0s
1 . . 89
Central of Oa
en Ba
1 . . 00,
10 .. 0S'
CI Leather St
1 . . . 00
0 Ir.tr' I A Ore-it
e3,' , N'n al Os wl
03 " 10 ... 50 4
"7 iIM'l Great
" Nth'n ct On
084
04
I M Marine flj
brnpire um a cr.
Fuel 7Vis s ri
A 04 8 , . . S.I
,: njt ' i.. . 60
n Dst, llnt'I IIP a Bs
Erie Oenl Llr . "
1 414 p
2l'.' .'.'. 4.141 J S04
,1. 414 J Kft
1.. . 454 -M4
Hide RR cv P 04
1 , , ., 441, Kan CAS Bs
'.rla R Ce 4. 6 . S04
1 fii, is l. 1 my ,s
Total lesjurces $111777 114 I3S3 317.0ID '
LIAIllUTIKi.
WIEGNER,ROCKEVsCO.
Certified Public Accountant
Orexel Building, Philadelphia
CaplUl paid In
Sunilui
llepeslta
Gosei rim-til
MemU-i bnnk
ItesiTse ace, jm
All utlmr
$ 321 500
17.045.140
307 013
113 3.U .100
4')7 01.1
te 100,250
17,015.110
TO 103
, n7:i oiie
270 103
Total deposits IllO.7i5.375 1100 2.111.070
$204.301,3liO $201,723,040
irsTPAtTOTrtfe CO.
,U BA'KrcRV"-
Hut(Fstat.nra tn
sMlXKR ft HTKVKNHON
tXMM,fa i.n.1 .Inrk. Itimsht mill
Members Phila. Steffi Kseliange.
Mtd.
1 53S OeO
50 013 021
1 021 07 1
2. 009. 000
44.313 133
1,022.7111
Tf.7HY hai no Inventor ever Intt a dollar
YTel
b
s.
fprlnclpalerlntcrcit enanviccurlty
bought of S. V. Straus & Ce.? Write fur
our booklet U-. anil learn the reaienwhv.
W.STRAUS & CO.
1617 Walnut Street, Philadelphia
1617 Walnut Street, Philadelphia I
Federa' R.a. notes
in actual nrru-
,atlen ....
Federal Res Hank
notes .n etrcula-
lien (ret llalilllty)
Deferred asallabll-
, Ity Items
; All ether liabilities
' Total liabilities .$tll 777 III $3-1.1, :ii7 040
Ratie of total reserves te deposit and
1 Fid, -nil Itec-e nole liabilities combined,
wok of N'iseniber 15. 71.0 p-r cent; prc-
1 sli.ue week 70 7 per tent
MIIMOKANHI'M Contingent liabilities en
bills purchased for ferelun correspondents,
in-ill of November 15, $2,203,431, previous
1 week, $2,20.1,431.
Reserve Banks' Discount Rates
iifflrliil rediscount r.itja at His twelie Fed
eral lleierse llanke ar.i as fellows
Tre Lib Oem'l Rkrt.
ctts. liemis Rates Atcent.
OS 4
10 . 09
Ci'l Pae 1st f.t
2 834
5 .. 854
3 . . 854
C A O
T
Fert Werth
81
I LEE, hlG6INS0. & CO.
Bttablltbrtl IMS
NCW YORK CHICAOO-1
Ilestnn
Mis Yerk
l'lilliuJiili hlu.
Cleseliilld
.(li'limeiid
stiunni
Phleuue
St. Loul
4
4
I.1'
'
. s
4. I 4
ft I, ft
4 4
tn ii &
I) City 1st Lac-s&'a Steel
1.. . I04 5t of '50
Oene'l Ulee 5s 1 . 014
2.... 1004' 1 "04
1 . , 1004 I.Kke Shere M
, ir.ni li'.id.'OQ
' i" n'llaene'i Elee rt.1 3.. 034
Cere de Pate Jn. ,ak. her( M
Cep'r 8t .. ,n. , s.n ,, .,
c I'X'ev iLjiOeftlrlah Tl T1 2 .... 01
C b O cv 44s nt rct 0 ... 01
"': i inesi 10 ni
nil i ,"t '-'h, v ,l
314 """l 2-- 03'i
el' 2. .. 1004, lyeHtifh Val Ot
01,1 A, ai a 14 ."Oee) ear uri - . jii.t
Chi A Alt 34 . r ,, , . .,, ,,
ci-Vn & 0 I' ! f,7T' ' B0W
1 0041 ' 67' ' Ml" Tt
Chicago A -:T 1" M4 JJ .. 1174
Hiss Ss Ml - "t's ,0 117 4
j.. 7941 5 . tJ4,L lid R fd 4t
Clil A O W 4s Ooedyear Tire! 2 SO
2.... ,',04 1 A Rub'r '41 IL I'd II Ss '34
1 ,104 0 ... UI4 1 .. . 81
1 60 4 1.... 1144 Le A Nail. 4s
2... . 50", 7 . 11 141 4.... sO'i
i-lilcoge Mil Oranby C MI'i. Manitoba S W
St P 4s '55 I " A Pwr is Cellz'n lis '40
5 ... 814 7.... 91 0 07'4
3 814' 1 . 01'i! 1 074
12 81
6 e2
30 ... 81
l(sale) S2
Chicago Mil 1
St P 4s '31
5 01
Chicago Mil A
StP cv 44 1
3 07
0114
7(talt) 804
1 ST
v
Savings Accounts A rfQ
-rrdilAr. am
M of Insurance) J. I
AtteU, $4,580,625.08
Te Protect $2,423,447.81 of Deposit
60S CHESTNUT STREET
Unlimited Policies
Unlimited Service
The bends of the American Credit-Indemnity
Company are unlimited in their protect
ive possibilities. .The service rendered by the
American's representatives is alto unlimited
in its scope and value. And we will make
this personal service of our representatives
still mere valuable and still mere efficient
The American'8Unlimited Policy safeguards
your credit accounts. It does itet limit die
number of these outstanding accounts nor
the amount of insurance you may collect
en covered losses. It offers you the privi
lege of settlements during the currency of
the policy. It may be used as collateral
with banks. -
If your credit accounts are net protected,
investigate the American's Unlimited bend.
Get the full facts without obligation. Why
net investigate? ,
Paymtnts It Ptlicyhtldtrt tvtr $11,000,000.00
AMERICAN CREDIT-INDEMNITY CO
or NEW YORK J.F. MFADDEN. muimnt
Crtdit Imsuranet Excbuivtff
W. J. MORPHY, Managar
ARTHUR GOLDSMITH. GatMral Agaat
ALLAN EARNSHAW, Associate GtMNtl Ajaat
N. W. comer 10th and Chastnat Sts.
PhenFilb.rt 8803 PhilmiMphlm, ,.
JUTTTI TTitiimiMiiiiiiun
s
OUR STOCK EXCHANGE SERVICE
Rapid Execution of Order
Intelligent Analysis of News
Reliable Information and Reports
West & Ce.
1511 Walnut Street 38 WU Street
Philadelphia New Yerk
KMilwtaa Oflet, S T. jUlt-t-fct-ar Ave.
i Haw Tart Baark KmlmcsT
PhUasfttphla) Stack BieUssf
.TllllllHIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIMIIIIIIIIIIIIIIMMIIIMIIIIHIIIIinillHWi
EDWARD LOWBER STOKES & CO.
Conservative Investments
20 Seuth 15th St.
PHILADELPHIA
OE8ION
CONSTRUCTION
APPRAISAU I
RKPORT I
BBHHaHH i
LOUIS T. KLAUDER
CON8ULTINQ ENQINBBR
PENNSYLVANIA BUILOINO. PHILADELPHIA
POWER & INDUSTRIAL PLANTS
flr'd Trunk ef1 4. ... 074
Can Oi rets i.Mirket Street
1.... 103 Illy con 1rts
103 I 2,... 804
I . 1024 Ale Petr'm Hs
flr'd Trunk ef1 1 lns
Canada 7 'illeh Ct'l 34
1 ..110 3 ... 784
1.... 110 4 Mldvele Stel &
Oray k Davis Ord'e 5a
Ine 7t 1 SSH
3 IT 1 SS4
g
u
Ln
-
TLliT!JT!JIiri2JIliT
i
'i
S
DO YOU NEED CAPITAL
FOR EXPANSION?
.$400,000 te $750,000
We are ready 5 Ph-phia
Industrial with an astablUhed repuUtien
Qualified te meet the requiremcnU
of the Stene Plan
Ne Promotions Considered
H. A. STONE & COMPANY
1130-36 Widener Building
Philadelphia
Sprue 7183.4
I
g
LI
R
I
i
a
r
g
$300,000
The West Chester Street Railway Company
Dated August 1st, 1902
First Mortgage 5 Bends
Due August 1st, 1932
Interest psyabla February lit and August 1st
Originally Autherised
Recently Purchased and Cancelled by the Company
Outstanding-CLOSED MORTGAGE . . .
S'1,000,000
100,000
1900,000
The West End Trust Company, Philadelphia, Trustee
Denomination J 1,000 coupon, with privilege of registration as te principal
Free of Peruuylvania State Tax-26 Federal Income Tax paid by the Company
SECURITY The bends are secured by direct first mortgage en all property
of the Company. r v-
PROPERTY The West Chester Street Railway Cempeny was incorporated in
Th. P,rm.,. ., i ."sT"! . ,n, 1.M'. ""f P" under perpetual franchises.
drtt of w.7 7. .i.lndf ? m,,t f Uc!f,c tMw?' Wi mttn 0' whlch is en private
rifjnt of way. It extends from Kennett Square through Lenape and West Chester te
Between thaaa places. Population served about 40,000.
JhLm: fClM,rV'lUI "ht, Heat ft Power Company, and
Ci!iffla wii 0." Cem?y "rving Downlngtewn and
(.eatesvuie with electricity. These Companies were leased in It) 16 for 00 vaara te
id '.,h,:,..V"l,V ?,le.,r,c CemP"r. subsidiary of the Mun clp.l Service Tcempanyi
nniiKc7101 Lh,'!ri0lnp"rn.3t.h!.8 T!CeniIy P":hasad and cancelled 100,000
OF BONDS le' thT,bnd''' ,hus 'ducing th. amount outstanding
$800,000 b.fer. m.turtyh?o0e0p.;.n,?onhS thTTnl.ng0.0 "dUC,d ,0 U" th'n
U?!0 ?.!,!.. CenlP'ny '" cr"t,nK Sinking Fund of $10,000 annually be
FUND cn.iinBebtS;tlM' 1923( t0 Purch8Se "" "ncJl benda at thebest
EARNINGS Th Company ha, , shown very satisfactory taming, during th.
best In th. Company" fiislerj. ' "" fr 2 m PicWd b th
SS 8fin?a?,TO nd. and th. catien e!
of Philadelphia. P n by Me,sr8, Reb. Montgomery ft MeKeehen,
A mejefity of ,h... bend, h.vlng been sold, w. offer th. b.l.nc. .ubj.ct te prier Mia.
. PRICE, 84 AND INTEREST, TO YIELD OVER 7.25
LLOYD & PALMER
COMMERCIAL TRUST BUILDING
PHILADELPHIA
MEMBERS OF THE PHRADBLPHIA STOCK EXCHANGE
1
i
H,
i
H i
BBS
Ii
J
jlnntapella 4 4 4
Kantaa City 44 4
Paliaa .......... 44 4
an FranetaceV . . ,4 's,l
I !( P
innnrTirnrnrarjttTUarr
rtatuM BMLff. n01a4talawa
-i,"..
- t-v.. r
If.VCft
&Ji&&&Wi$&itettM