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EVENING PUBLIC LEDGER-PHILADELPHIA, MONDAY, NOVEMBEK
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Hew is a
Savings Fund
Account
Opened?
This question, with ethers,
is answered in a booklet,
"The Trust Company and
The Individual," which
will be tent en. request.,
Fidelity
Trust Company
313 Chestnut Street
1431 Chestnut Street
n Woodland Avenue,
en Philadelphia
Capitml
Snrplai
1 8.200.OOO
tit, 000,000
Fandt Aefef In trmit
mere thmn $300,000,009
KSVseell
me
FORCES
ABOUT aw
Sema Ordinarily Inaetive Stocks
Make Appreciable Gains
While Leaders Hung Fire
NEW YORK STOCK EXCHANGE TRANSACTIONS
Ontf Atfmn te PhlMeMlm Qwthg FmH Urt
Joint Stock Land
link Bends
Exempt from Federal, State,
Municipal and Lecal
Taxation
Te yield 4.00 te 4.S
We offer bends e! selected Banks
doing business in some of the
best agricultural sections of the
country.
Prices and circulars upon request
Harris, Ferbes ft Ce
Pine St., Cer. William
NEW YORK
PHILADELPHIA OFFICE
Widentr Bldg.
Telephone Spruce 7040
New Yerk, Net. 20. J Today's stock
market from nil appearances and action
apparently reached a state of equilib
rium, with the oppesing1 forces of the
. professional trndlng clement nbeut equal
1 In strength. The result was a pro
nounced contraction in the volume of
dealings, simply because neither side
was disposed te take the Initiative, Fer
the most part of the session the general
,11st was without a decided tone, with
many issues of the same group moving
.in opposite directions, but at different
'intervals the main tendency seemed te
be upward. Animated advance In a
, limited number of selected Issues nlse
gave the market a spotty nppcarance,
i but the outstanding development was
.increasing dullness.
News developments ever the week
' end were net especially Important from
an economic standpoint, and prlve
I movement, en consequence, was mere or
less shaped by dctinlte or indefinite de
velopments pertaining te the Individual
1 stocks or groups. As n matter of fact,
signs were net wanting tnat a numecr
of groups ordinarily working en the
constructive side are waiting for the
atmosphere te clear before resuming
operations in their favorites, frequently
termed as peer biecks. inis was sua
enfttnil In wlint mnv be described as
skirmishes In some of the ordinary in
active stocks.
he one encouraging feature or tnt?
day's operations was the conspicuous
absence of liquidating pressure se
prominent during the most of last week.
Tbere was, of course, some bclntd
selling here and there through the list,
but this was easily overcome nnd
counterbalanced by a equal amount of
short covering, when these were com
pleted the main body of stocks drifted
i.llv within circumscribed limits.
Contrasted with senc of the recent
sessions the morning's innrkct was a
very tame and colorless affair. Trading
n-nn exeeedinslv nulet and had It net
been for the special buying operations
In the recognized closely held peel
storks It would have been a case of
complete deadlock.
While the usual list of speculative
favorites hung fire stocks like Otis
tifevnter wns run ur 0 peints: Weel
worth ever 7 points and new peak prices
for the year were scored by Continental
Cen. Oerman American Tank nnd gains
of U te 3 points were scored by Gulf
States Steel. Tobacco rreuucis is,
l'estum nnd United ltetnu stores.
unmMmsMmiwmwmmmwmmmmmnii
ESTAELISHED IMS
BIOREN & CO.
BANKERS
410 Chestnut St., Philadelphia
Government
Blunlcipal, Railroad
and Corporation
Securities
tltmbtrt Ktw Yerk and
PJMisdripMa Stock ExcHangu
m&mmmvmmmmmiamM
Commodity Markets
E. TesB. k Nertk Carolina R. R.Si, 1935
Pitt. Ciaa. CUe.ftSt. Le. Rr.3Vt. 4i
W. Jr. ft Station Ry. Ce.. .31, 4i
Craap Skia ft tog. Bldg. Ce... Si, 1929
Jeb Waaaataker Cempinr. .. .61, 1932
Paaa Stibesra Stl Cerp 7i, 1923
Atl. City EUctric Ce Si, 1938
Radferd EUctric Ce Si, 1939
Ikctrie Ce. of N.w Jtriv:..5i. 1947
EaaitakU 111am. Cat Lifkt Ce..5i, 1928
Syracaia Light ft Pewtr Ce...5i, 1154
Mlaaapelii Wattr Wki. Stcnr.61, 1947
Ua. Findl.y ft Tol.ae Ry...Si, 192S
Waterloo, Ctdtr Falls ft Ne. Ry.Si, 1940
LeUgk VtlUf Tram. Ce...4i, Si, 1933
Lake Skoro EUe. Ry Si, 1923
Wilkti-larre ft Hailttea R. R..Si, 19S1
Eastara Steel Ce 5i, 1931
Eattera Peaaa. Ry. Ce Si, 1936
UalUd Tractlea Ce. of Pitt.. .Si, 1997
Scraataa Ry. Ce. Gtn 7i, 1925
AKoeaa ft Logaa Vel. El. Ry.4i, 1933
Phils, ft Garrtttiferd St. Ry...Si, 19S5
Pah. Serv. Cerp. of N. J.... All lumi
SAMUEL K. PHILLIPS & CO.
t Koaiten PhiUdelphU Stock Eichter
SOT CKZSTltUT STEKT
GRAIN MARKET
Chicago, Nev. 20. Although wheat
showed something of an upward ten
tlf.ncv here today during; the enrly deal
ings, with May touching a new high
price record for the season, declines
wen took place. The Initial strength
was ascribed te an advance in Liverpool
quotations, but this was later offset by
enlarged world shipments nnd by pros
pective increased offerings from the new
Argentine crop. Besides, estimates of
the Argentine exportable surplus were
raised te lS5,UUU,uuu Dusneis, ns against
previous estimates of 148,000,000
bushels.
The opening, which varied from un
changed figures te Vjc higher, with
December 1.21 te 1.21 nnd May
1.18V4 te 1.18H, was followed by mod
erate general gains and then by a set
back te below Saturdays nnisn.
Cern nnd eats paralleled the action of
wheat. After opening Vfec te Vc off te
Uc advance, December 71 c te 71 c,
the corn market hardened a little, and
then underwent a decided setback.
Oats started c te c te c higher.
December 44c. and later showed
losses all around.
Declines in the value of hogs had a
bearish effect: en previsions
Cern
D.ember . .
May
juiv
wneat
DeCHtnttr . .
Mm
juiv . . ..
Oat
December .
liv
July
Hit
Mav
I.rd
January . .
May
Sat. cleaa
TtH
70S
1 20 '4
1 IK
1.00H
41S
40S
71H!
70H
Opn
?Kt
1.21
l.JHUOl 18H
1.00H
00l O 91'
1PM
70 H
70S
0UH
i.ieh
1 in',
1 034
12S
30
60H
SIS
&
0 97
iu. as
0 0
10 2J
10 23
COTTON MARKKET
New Yerk, Nev. 20. The cotton
market had nn cnsler opening today
and was nctivc, with Liverpool a heavy
seller at the start. Tirst prices showed
20 te 30 points decline and the market
later dropped about 10 points mere un
der continued pressure partly from the
Seuth and New Orleans.
Wall Street nnd the trade absorbed
seme of the contracts, but demand weh
net sufficiently brisk te check the down
ward trend, which continued through
out the first fifteen minutes.
JT'.v rlena
General Asphalt
Company
Bends
Bought Sold Quoted
Elkins, Merris & Ce.
Laad Title Bldg., Phila.
1 Member
New Yefk ft I'M!. Bteck Kicbieiei
Deembsr
January
February
March .
May ....
July
October
Trad.
Jt tlOfiill
Jj 50O 33
;i wain
: as30
.M OS
Ojn
urn
21,!0
'JT IS
-'(1 211
2'i e'
24 70
23.2S
1 PM
J1 OS
23 01
2ft 07
24 00
Dlr.
Salts in I STOCK Htfh
300 ., Adams Rspreas.,,. 78 H
800 4 AUIedChemftDya., 72((
900 4 Atlli-Chalmers . . ,. 42
200 ..Am AgTIO Chm... Sift
100 . . Am Agrle Chem pf , 60
tee 4 Am Dank Nete.... 85
200 4 Am II Bh Pdy new. 71
4700 .. Am Can 72H
100 7 Am Can pf 1I0H
100 11 Am Car A Wy.... ,179
400 . . Am Hide ft Leather. 1 1 H
000 ..Am Internat Cerp. 28 H
200 1 Am La Frnnea Eng 11 H
200 .. Am Linseed 31 Vi
1100 6 Am Locomotive.... 1 23 ft
200 3 Am Metals 44 H
400 4 Am ItAdlater 113H
800 4 Am Safely IUser.. 7W
"'100 ..Am Ship A Cem... 21
2600 .. Am Bmvlt .. 54ii
900 3 Am Steel Foundries 43
1100 .. Am Sugar Itsf...... 7014
300 .. Am Sumntra 2SU
900 Am Tel ft Tel 123U
900 12 Am Tobacco...... .151
100 e Am Tobacco tif nawlOS
200 13 Am Tobacco B.... 148)4
100 .. Am Watrwks 8 pf 48
800 7 Am Woolen 04 K
1100 .. Anaconda Copper.. 48H
2000 4 Asm Dry Goods.. , 66 H
700 8 Ateh Tep ft Ban M101
100 . . Atlan Blr Atlantle 1 M
100 . . Atl Oulf A W I a 24
100 . . Aute Sales Cerp. .. . 3
8100 7 Baldwin Loeomottva1234
1000 .. Baltimore A Ohie... 46
100 7 BnnkAAroespf. ... 93)4
1000 .. Bamsdall Class-A. 30A
100 48e Beechnut Packing... 43
200 6 Bethlehem Steal . . .' 6Sf4
300 .. Beth Steel pf new.. 94 H
7S00 r. Beth Steet B 66ft
100 7 Brit Em Steel 1st pf 68
1003 .. Bklyn Itnpld Transit 14U
700 ... Bklyn It T ctfs.... 12)4
100 ,. Brown Shee 57 M
2600 10 Bums Bres A 136)4
400 2 Burns Bres B 44 H
400 .. Butte Cep A Zlne. . H
200 .. Butte A Sup Cep.. 31
100 .. Butterlck Ce 17
300 6 California Packing. 81 )4
400 .. California Petrel .. 48 H
700 .. Cal Zlne nnd Lead. 7)4
100 2 Calumet A Arisona. 52
800 10 Canadian Pnclfie ..142)4
400 .. Central Leather ... 33 H
100 8 Central of N J.... 210
100 .. Ccrro-de-Paace 38
BOO 4 Chesapeake A Ohie.. 69 W
300 64 Chesapeake A Oh pf 103)4
.. umcage Alten...- 2M
.. Chi A E 111 32
. . Chi A E 111 (new) pf 53
.. CM A Or West pf . . 10ft
.. Chi Mil A St I 254
.. Chi M A St P pf.. 40ft
fi Chi A Northwestern 84 ft
4 Chicago Pneu Teel.. 80 V
.. Chi U I A Pae 35)4
6 Chi It I & Pe 6 pf 86 H
7 Chi n I A Pe 7 pf 96
.. Chile Copper 27ft
. Chlne Copper 24
. . Cluett-Peabody .... 61
3 Cel A Southern.... 44)4
4 Coca-Cela 76 H
C Cetum Gna A Elec. 103ft
.. ColumQraphephone. 244
. . Cel Graphophene pf . lift
.. Cem Sehent B.... 35
.. Conley Tlnell 14H
.. Consel Cigar 33
g Consolidated Gas ..122f
. . Consel Textiles ... UK
.. Continental Can ...100K
4 Cern. Products Ret. 133
4 Cosden A Ce 47 K
.. Crucible Steel .... 76ft
7 Crucible Steel pf... 894
.. Cuban Am Sugar... 22 H
7 Cuban Am Sugar pf . 99
.. Cuba Cane Sugar.. 13)4
.. Cuba Conn Sugar pf 36 ft
. . Da Icen Chemical . 29
. . Debeers .C Mln Ltd 23
9 Delaware A Hudsen124ft
6 Del Lack A West.. 131
2 Deme Mines 41
6 Eastman Kodak ... 86
3 Dee Storage Bat.. 56
.. ntk Hern Ceal.... 17ft
5 Endlcott-Jehnaon ..; 88)4
.. Erie lift
. Erie 1st pf 17)4
8 Famous Players L. 91 ft
10 Fisher Bedy 162ft
8 Fisher Bedy of O pf 93
.. Fisk Ilubber iz
200
400
200
400
BOO
900
100
100
700
333
100
3500
700
100
100
7600
600
200
200
tee
100
500
16500
1400
7600
9300
3330
3700
100
5930
100
2000
1200
403
1000
703
500
700
800
1900
100
2100
1300
400
1200
300
103
300
1400
1200
1300
100
6700
tee
100
100
100
300
100
800
1100
100
100
2400
100
300
9 8100
1500
500
100
200
NEW YORK COFFEE MARKET
New Yerk, Nev. 20. The local cof cef cof
fce futures market opened irregular
this morning, with prices 4 points lower
te .'I points hlicher. Sentiment wns
rather mixed. There wns Uttle In the
early cables te stlmulatu aggressive
trading either way.
Hat rlnile
... 11.79 W80
... 0 .11 4? 18
, . I J'J("30
, ... 0 OOfl 01
. .. 8 r.eis-
Drembr . . .
March
Mav
July
Htntamber
October
Bid. tOflared
Open
0.71
0 11U34
te ni
MIMI11
8 23
U.S. Certificates and Treasury Notes
Maturity
Data Hid
Tc.. 1022... If ifl
Dec . 102J . 100
March 1023,. ion
June, 0n, , 0I '4
Hant.. lll.'l... Illl'i
June, 1IIJ4... 1011
mm
110
D'JH
KiOV
VJ
Hert . 1824
March 1023.
!.. 1U2A .
March, 10J0.
Aaked 71'bl
ion me a r.(i
JIMJbt
1110
100
10
101'i
100
!M(,
t4H Hnpt, 1026
Eiemet from F
net
ilWJT.
UH
:i s
1 73
3.71
4 41
4 40
3
4 42
4 40
4 43
folmrnttemt
-n ,''.! 1 1
MMmmt MgeBSk4j
ISMSt
Frecpert Texas . . 21 JJ
i Gen Am Tank.. . 73
. . General Asphalt ... 44 H
6 General Clear .... 78ft
4 General Meters.... 15
6 General Meters pf . . 83)4
8 Gn Electric 176
. . Genl Elec special pf 10f4
. . Glldden Ce 10
7 Otmbel Bres pf . . . . 95
.. Goedrich B F 31ft
7 Great Northern pf . . 66K
3 Grt Nth Ore ctfs.. 30)4
. . Guantanamo Sugar. 9
.. Gulf Mobile A N pf 42ft
. . Gulf States 8teel... 76
. . Hablrshaw Electric. 1 H
. . Housten Oil 68
2 Hudsen Moter Car. 22H
1 Hupp Moter Car... 22ft
. . Hydraulic steel ... 4)4
7 llllne'a Central ...1 09
. . Inter Cen Cerp pf . . 1 )
1000 2A Internat Cement ..34ft
100 2 Intercom Eng v
400 S Int Harvester new. 100 ft
100 . InterMMarlne 12
3100 6 Inter Mer Marine pf 51
100 . Inter Nickel 13ft
700 .. International Pape 51
100 .. Inter Jlapld Tran.. c u
1200 .. Invincible Oil Cerp
1100 Island Oil
300 4 Jenes Bres Tea...
400 .. Knn City A Seuth...
333 . . Kansas ft Gulf. . . .
1930 Knser A Ce new.
1000 . Kelly-Springfield .
11 00 . . Kennecett Copper
800 . Ke stone T A 11...
100 7 Kresge S 8
500 . . Lackawanna Steel
100 .. Lake Erie A West.
700 3V4 Lehts:h Valley ... .
me 4 Lima. Locomotive..
600 .. Loews Inc 16
100 1 Left Candy 12ft
14ft
ft
49)4
19)4
2H
42 M
41 H
32 ft
6H
184ft
77 H
32
63 ft
56
lOW
77?K
41
31 H
60
83
70 ft
71ft
110ft
179
11)4
28
HO
31ft
123
44 ft
1124
7
21
53ft
42 H
69
29
123ft
150ft
106
148ft
48
94 ft
47
63 H
100H
1H
24
3
124H
45 ft
93 ft
29 a
43
65ft
94 ft
63
68
14
1214
574(
135
44
7 ft
31
17
81
48 ft
7ft
52
141 H
35 ft
210
38
68 ft
103
VSO Nt
P.M. CM.
78ft- ft
31H 8
80
93
70ft- H
71ft 8
110H ..
179
I1K H
28H H
lift
1
H
H
V,
H
2
)4
H
H
H
H
123)?
44ft-
113K
7 -
21 -
54
43
70ft f
29ft
123f
130H
106
I4eft
48
94ft
634 1ft
1004 ..
93ft ft
30ft 1H
43
63H
944-
68 4
68 14
12)4
57H
K
ft
1ft
ft
H
136)4 1ft
44ft- ft
ft
IK
1
8
M
(4
Yt
'2
2
ft
14
)4
"h
V
79
31
17 -81)4
48H
7ft
52-2
142 54
35 1
210
38
68X-103)4-
2UJ 214
31 Vz 31 W
53 53 4-
10ft 10ft
25)4 25ft
39ft 39ft -
84 ?i 84 ft
80)4 80 ft
34 W 35 -
86 86 ft 1ft
96 96 - ft
26 264 ft
23H 24 ft
61 61
44)4 44)4 1
74ft 76ft 2ft
104ft 105 1
2K 2X
lift Hft 2J4
35 35
144 1444 ft
34ft 34ft ft
1204 121 H- H
lift 11)4 ..
99 100ft 1f4
131 132 IK
46ft 46ft- K
74ft 75
8944 8944- 2ft
20)4 22ft 1ft
99 991
12ft 13 1
3444 36ft 2ft
28 28 - ft
22ft 23
123ft 124ft 1
129ft 129ft- ft
404 41
85ft 86 1ft
35ft 55ft 1ft
17ft 17ft ..
86 87ft 44
11)4 11)4 ft
17 17ft ft
91 ft 91 ft . .
161H 162ft IK
93 93
1 1 H 1 1 ft - W
21 21
72 72ft IK
43)4 42)4- 1
78ft 78ft ..
144 144- ft
83ft 83ft - 1
176 176
104 10K .
10 10
95 95
31 K 31 ft
86 864-
29ft 30
9K 9K
42 ft 42)4
73)5 75 H
14 14
67ft 67K 1)4
Z2 1
22 22
4 4ft
109 109 -
lft 1ft
34 ft 34ft
23 )J 23ft
100 100
12 12 -
49K 50 -
13ft 13ft-
50 504-
21 4 21 H -
'4 144
'a ft
49ft 49ft
19 19)4
2)4 24
41 ft 41 ft
41 ft 41 ft - ft
32 32ft ft
6)4 64 ..
184ft 184ft- ft
77ft 774 IK
32 32
63J4 63ft- ft
56 56
18ft 18K J4
12)4 12ft ..
100
100
100
tee
300
600
200
900
100
100
100
00
800
100
s
SI.
mi . 8TOCK nil
.. matt Trvek "4
7 Maek Truck 1st pf.i 90
7 kaeM Track Id pf. 92
Maekayi Ce . 103
. MBinnsen co
. .-Manatl Rturar
.. Msjihat Kiev ctfs
I Manhat Shirt 89
4 Marland Oil 30 K
.'. Market Stltwy.... 9H
I Martin Parry -28
.. Math Alkali 81
s May Dept Stores.... 164 ft
i ateintyre Mining
Lew
84
2 '
109
1
109 4 t
.-..,. 31ft 31ft ' SIM ,,
i-.v.-.sg as mi-'
m,
S3
30f
I Miami Copper
17ft
25 ft
8700 1.20 Middle States Cerp! lift
2100
200
700
100
100
700
100
100
100
400
100
200
100
100
200
1000
100
800
800
100
100
2800
Mldvale Steel 29ft
.. Me Kan A Texas.. 8ft
.. Me Kan A Tex (wl) 144
. Me K T (wl) pf . 40ft
.. Missouri Pacific ... 17ft
.i Me Paclfie pf 48 K
I Mentana Power .. 69ft
.. Montgomery Ward, 22ft
1 Moen Moter Car... 16K
H Mether Lede Mining 104
.. MulllnsBedy 18
7 Nat Biscuit 239
.. Nat Cen A Cable... I ft
7 Nat Cleak A Suit ptlOt
7 Nat In Stamp pf 09
National Lead 116ft
.. Nat II It of Mist pt OH
.. Nev Cen Copper. .. . 14..
IN O Tex A Itez... 82 ft
.. NT Air Brak 27
.. N T Air Brake A.. 46 K
NT Central 94 ft
100 2ft New Yerk Deck.... 26
2500
100
700
1700
900
I 100
300
400
400
200
200
200
700
4100
1900
1600
1800
21
1300
400
3200
1400
300
600
1200
200
500
1300
2000
700
1200
New Yerk N H A H 23 K
t New Yerk Ont A W 21 ft
7 Norfolk A Western. 117
8 North American ... 99
6 North Paclfie 80 ft
. , Ohie Bedy A Blowers 6
. . Okla Pred A Ref . . . 2
. . Orpheum Circuit .. 20 ft
s etis Elevator .....idz
K
V
ft
K
Vt
24
ft
K
Otis Steel B
I Owens Bet Mach... 37
. Paclfie Devcl Cerp. 1 ft
5 Pae Oaa A Elec.... 82 K
S Paclfie Oil 48ft
8 Fan Amer Petrel... 86ft
8 Fan Amer B 84ft
. Parrlsh A Bingham . 9
8 Penna Edisen pf. ... 104 K
S Pennsylvania DR., 47
. Penn Seaboard Steel 3ft
1 Peeples Gas Chicago 94 K
. . Pere Marquette ... 31ft
8 Pere Mara Pf 66
S Philadelphia Ce ... 40
2 Phillips Pet 42ft
.". Fierce-Arrew Moter 10ft
. . Fierce-Arrew Met pf 24
. . Pierce Oil 4ft
Plggly Wlggly Stere 43 ft
.. Pitts Ceal 53ft
, . Pitta A W Va 37 U
300 lft pond Creek Ceal... IB
800 5 Festum Cereal ....110
1000 .. Producers A Ref... 414
600 . . Pressed Steel Car. . . 80
3400 6 Pub Ser Cor of N J 98 ft
300 . S Pub Ser of N J pf106
600 8 Pullman Ce 127ft
1200 .. Punta Allegre Sugar 444
3200 2 Pure Oil 28)4
100 S Railway Steel Spg..112ft
1800 .. Ray Cen Copper... 24
1800 4 Reading 78ft
1000 .. Replogle Steel 23
1300 .. Repub Iren A Steel. 48ft
100 . . RepublleIASpf.... 82ft
12400 3 Reynolds Teb B... 89ft
1400 4.13 Royal Dutch N Y. .. 54
200 ..St Leuis San Fran. 23
100 . . Rt Leuis S Fran pf. 40ft
400 .. San Cee Sugar 2
100 l St Jeseph Lead,... 184
1100 .. Saxen Moter 2ft
1200 .. Sears-Roebuck .... 824
100 .. Seneca Copper .... 84
200 1SS44 Shell Transport... 37
3100 2 Sinclair Consel ... 32 K
.. Skelly Oil 9
. . Se Perte Rice Sugar 33
6 Southern Pacific .. 904
.. Southern Rail 23
8 Southern Rail pt... 63ft
4 Standard Oil of Cal118K
I! Standard Oil of N J200
7 Stand Oil of N J pt119
3 Sterling Products ..58ft
. 4 Stewart Warner Spd 60
10 Studebaker 1254
. . Sub Beat Cerp 8
.. Superior Oil 4ft
. . Sweets Ce of Amer. 2
3 Texas Ce 47ft'
4 Texas Gulf Sulphur 63 ft
. . Texas A Pacific 21 ft
1 Tex A Pae C A O.. 20ft
.. Third Ave 16ft
3 Tlmken Rell Br 324
. . Tobacco Products . 53 ft
7 Tobacco Pred A.... 80
. . Transcontinental Oil 1 2
6 Union Bag A Paper 66ft
.. Union Oil 16ft
10 Union Paclfie 1424
100 I ft United Drug 1st pf. 46 ft
200 .. United Rwy Invest.. 12
Unit Rwy Invest pf 26 ft
United Retail Stores 72 ft
U 8 C I P A Fdy.. 25
U S Ind Alcohol.... 62ft
U 8 JUalty A Imp.. 86ft
8 Rubber soft
8 Steel 105)4
2 Utah copper ez
. Utah Securities ... 16ft
. Vanadium Cerp .
. Van Raalte
. Va-Car Chemical.
. Va-Car Chem B..
. Vlvaudeu Inc....
. Wabash
. Wabash pf A i 26ft
7 Western Elec pf . . . .1 1 1 ft
. Western Maryland. 12ft
7 Western Union Tel. 110
4' Westing B.A M.... 59
. Wheeling A L E. ... 9ft
4 White Moter 48)4
. White oil Cerp.. . 5ft
. , WIckWIrespeneHtl.
. Willys Overland . . .
, . Wilsen A Ce
, . Wisconsin Central
l Woolworth F W.
, . Werth Pump A M.
6 Werth Pump B....
1 Wright Aero
1200
100
1400
700
300
1900
3100
300
800
5300
15700
1200
200
4300
1200
2300
1300
300
300
1100
4700
900
1000
100
1200
1700
100
3100
200
4500
200
1800
14100
300
200
900
900
300
300
100
200
900
100
200
100
1200
300
103
200
500
300
100
200
1600
400
100
100
;. U
e u
35 ft
64 ft
23 ft
13ft
14
9
Ei-dlvldtndi. tEx-rlfhU.
9ft
5ft
38
28
..221
28
65ft
9H
"Jtt
P
27
26
224
1?.g
96
79 ft
6
2
20
149
9
37
1)4
:;g
854
834
104ft
18
92
304
68
39 ft
42
10K.
24
4K
43 ft
83
364
18
108
41ft
77 ft
96K
108
U7K
43
27 K
11214
7)8
22
47 ft
82ft
38
83K
23
40 ft
2
8H
IK
81 H
8K
36 K
31 K
8ft
33
90 ft
23
63
117)4
196
1194
58 ft
36 H
124ft
7K
4ft
2
46 ft
624
21
20
15ft
32
504
79
lift
66 ft
46 ft
12
26 ft
704
60 ft
!S
80ft
104 ft
VJ
16ft
35 ft
63 ft
23 ft
11
9
26
lit ft
12ft
110
.88 ft
9ft
48 ft
3ft
9
SK
38
28
216
27 K
63ft
9K
K
ft
"a
14
2
"h
K
B
2
14
ft
ft
3ft
1
824 1
43K-834-83
K
8ft
1044
94
31
68
II I
4K
43ft
63K
-109
41ft
80
97ft 1ft
103 ft
127ft ft
442
28ft K
112)4 1ft
1K- 4
78 - ft
23 K
48ft K
82ft ft
B9H 2ft
84 - ft
23 - ft
40ft ft
2T-
18K
2)4
82K
84
8ft
33 90ft
23
63 -h
117ft-
197 ft-
1194-
588-
57K-
124ft
7K
4ft-
2
47
63K
21ft
20
15J4
32
52)4 1ft
79)4 1
II '
66 ft
15ft-
142
11
"y
"a
"
ft
Vk
K
2ft
ft
K
ft
A
MU
iz
K
26ft ft
72)4 1ft
25 - ft
61J4 1ft
86ft ft
50ft- ft
iuft
61ft 16)4
35ft 64 x
25 ft
9
26)4
111ft
'Zft ..
110
58ft- ft
9)4- K
48)4 ft
5ft ..
9
SK ..
38
28
221 11 ft
27K- ft
65ft- ft
9K K
ft
K
K
14
14
IK
ft
NARROW
KMS
IN L
OWL STOCKS
Frlett Wsft- tttttr iuttaJntd
' Diipltt ths Wirtlnf AtH
tudt of All Trsdsra
Trading In the local stocks continued
very narrow, but the tone of the gen
eral list was sesMwkat insert la all
events, prices were better sustained
along the whole lias, and most of the
mer prominent local stocks were able
te show fractional gains.
Naturally, a lsrge1 percentage of both
the professional and sen professional
trading element are somewhat tlmM
about taking a decided position until
mere is known regarding the future
prosperity, and mere particularly until
the bigger market assumes a mere defi
nite or settled trend. This was clearly
Indicated In the cautious character of
the buying and the reluctance shown la
following up the moderate advances).
Among the local stocks P. B. T. wan
one of the stronger spots merlag ua
te 82 while uaie Traetlea cea
tinned te bring 4T, I. 47' P. ' were
up fractlenslly but bids areuad current
prices failed te release any Philadel
phia Traction; The October statement
of the P. R. T. te be published after
the closing this afternoon Is expectee
te show up favorably.
The liquidating movement in Lake
Superior appeared te have run Its
course. The stock, at any rate, en
jeyed better support which served te
rally the price te 6.
Electric Storage Battery advanced 2
points above last week's closing level.
Pennsylvania Railroad was in better
demnnd with most offerings taken at 47.
Brill en a single transsctlen mounted
3 points te 48. Philadelphia Insulated
Wire was also well taken at 45, a gain
of point.
Philadelphia Stocks
, KUrt, Le pVk. due.
200 Am Rwys. 18 18 13 4-114
100 Brill J O. 48 48 48 8
200tButterlck. 17 17 17
200Cruclble.. 65$ 05$ 65
200tDavldsen TW
Chem ... 28
85 Elec 8ter. 65
210 Gen Asph. 44
lOOtGcn Mtrs. 15
40 H A Bd T 0
(W In Ce N A 41
200tlnt Nickel 18 13
two ignite Hup. e
15 Leh Nav., 73
55 Mldvale... 20
282 Penna RR 47
23 Penna Salt 85
lOOfPa Sbd Stl 8
52 Phila Elec 31
25 de pref . . 81
100 Phil Ins W 45
lOOfRemingten
Type.... 80
13 Tenth Nat
Bank war 84
200 Tone Belm 1
100 UnlenTrac 41
65 IJ O I.... 40
50tUn Retail '
Stores... 71 7114 7itt4.11;
20tU S Steel.l05 104 lMfl it '
J.n.rTsteTxcS;'. wHh lMt
riUI.ADKI.PlUA ROXDH
JSSS Liberty 4th 4s '..lets 08.20
1000 Liberty 4th 4s '28.... 98.28
juiai victory ?is "i reg. ,
1000 Electrfe A PeeTr4i..
3004) Plllle VI..A KM.. 1.,. 1XX4
-7.7. r.:":1- .vv.. utvh, .,vm aw
28. 28
65 652
0 0 ..
4AT 41 .
ia
OK, O 4-U
78U 73-f
28 20 4-
a8 u t
8 8..
31 31..
81 81-
44U 4ft' J- ii.
,324-
80 80 r-
83 881
4i A:
40 49
500 Phila Electric 6
s. .leti
'8.. . . ,
FOREIGN EXCHANGE
New Yerk, Nev. 20. The discussions
by the representatives of the Allies and
the lufcrence that an understanding has
been reached for joint action in the
Near East werp accepted In the market
for foreign exchange as explanation for
advances of 13 points In francs and of
ii points in Belgians nt the opening.
Sterling was up ; lire up 1 i Swiss up
2 and marks gained 1-10. Norwegian
declined 7: Swedish 8 and Spanish 8.
Danish and Dutch were unchanged, the
last at the high record.
. ftutateB V .Sterling cables
4.48, demand 4.48; franc cables 7.10.
checks 7.09 ; Belgian cables 0.07
checks 0.00 5 lire cables. 4.01, checks
4.00 j Swiss cables 18.57, checks
ln.54; peseta cables 15.80, checks
15.28; banish cables 20.2(1 checkH
20.15; Norway cables 18.34, checks
18.30; Swedish cables 2U.80,' checks
20.75; guilder cables 30.80, checks
311.23; marks .01 9-10.
The Central European exihnnges
were higher In the main today. o,7o e,7o o,7e
tatlons were: Bulgarian .70. Up 2;
Rumanian .05. un ; Serbian 1.00
te,2 O'eekl M ; C-echp-Slevaklail
3.17, tap 1; Jugo-Sliivien .10,
iMWn, V k?0" e '' unchange.1
Ilnnlsh 1.5553 ; Austrian. .OOlsV;
Hungarian .0004. n '
The discount en New Yerk funds In
Montreal today wns unchanged nnd
nominal at 1-32 per cent. The nre
mliiiri oft Cnnndlnn funds In New Yerk
today wns nominal nt 1-32 per cent.
SATURDAY'S CLOSINQ QUOTATIONS
4 4T.I A n?uc HV.PnMr"
: 1.462 SiSIli 1SIH su.
e.r.T,.. ....- "' "" ""'OB
twn.1 a urMkiu UUUTATIONH H
Drmnnil
caDiei
LIVE8TOCK QUOTATIONS
L'hlnice Nev. 20, HOdS RK:elpt, 51 -WO
h?0' Flftcn "te 20c ley4nfiuklM
in 0111 nnund aerases. ST.80W i.OO. fAr at
IT. We: goon ana cnuice " w . -.....
butehprs 17 98&S; top. tS. few held hlvhrr:
?8 SB heavy IT.TBS m.llum. S7HU1JS!
mnnth IT SBtD7 0". packing
Tep sheep. S8.23: top lambs,
..!. I- -mua
iewV reush. ITT.40 klllln plif- Is lis S
CATTLE Receipts. e'J vvn nai. yuai
Hy ery plalni native beef itera nellln at
ana upwarui -..-.-"'-- -j?"
hiir about ateadyi lower srailen. elew, tendlns
leier- bulk native bef I"t of eiunllty
and "condition te sell at tStllO. fw vrelf-
Federal nnrmal ln.nm. ,n
tArreDtable fop baympnt nt Incnm. ,a
due en date of maturity.
The Treasury DeDarttnent nftVre te pfi1ftnfn
United Statea SUs and 4(4 due December
in. wit, nnii viciury nuipe neriee A-r 4 a,
called for payment December in. Wi'l. at
100 and Interest at any lima before ma.
turltv.
MONEY-LENDING RATE8
NKW YORK Meney en rail, both rlna.
?t (nllateral. opened today at 4Vi per cent
or lendlns and renewing,
PIIIiaUKU'niA Call. S per cent; time.
6 per cent! commercial paper, three te all
months. B per cent.
LONDON Meney, i wr cent. Dieeeunt
ratea, short and three mentha' bills, 2 7-U
te JH per cent
ANK CLEARINGS
TlBAk ctearlnaa talav mmMrul m!,k .a.
reipendlng day last two years,
e Ssi.one.ooo lAt.flei.ine
sefioediooo b.mttIkbi
Jonnltlenea neary n.."! ..... ,,,
8 25WS.SB; better srade b-ef cewe and
helfera moderately active: cannere and cut
tera fairly active, steady! bulla. tadj, lower
srade butcher ah. stock dull. weak, .took
era and feeders epenlns around l.c lower,
vl calvMWeak te 2Be lewer: built dcilrable
heavy native bulls 14 8S4 80. leg. deslr
SbU kinds, around i-2.5,; ,001 v'a' c'v"
L'A "'-S."-,7.7I .1 ,.nn
SIIKIS!" !":". .""."
head Fat
Irens: early top, 114 78 te
emppere ana pacx
I1JO0, nveraclns
of ranara. rneatly
nearly aalea, ehevp meady. one
lamba. steady te trens;
city butchers: 114.88 te
erai fed clipped Iambi,
N2 peunds: llsht. supply
feeders: no nearly sales, eneep ieaay,
lead 11 8-pound fed Weitern ewee, 17.60,
hllaj ..!
eaton. .
. s. f
.KaWIDINeVDICLsilD
flat Cemsaay, itml-an-
Eaat 81. JVeels. HI.. Nev 20 CATTLK
Receipts, 0000 head. Ueef ateera steady,
Wltn SPOia .rt its... ".i.i., nirnuir ,w
28c lewer: atecker steera. aleady te atrensi
?."!. lf,",""',l"R,V.'ra iy."''
48.281 cannere. SilAOeSTA, bologna bulls
rneatly SS.78tf4.liM . Msht calvea, largely
a uneeafSt bulk eterK ateera. St.Boee 28.
nndB Receipts, lU.efiO head (Tlew.
. en. Inwtrt SS.le Dald for lbrht llehta
IB
nit
few mlied leads, averaslng up te 100 paunda:
top en but-her hnae si bulk, ISO te ISO
Una V9'Jkmw t ,A . lti ' . " iwunue.
nee. ,u i'j iav lower, eiiia.
lUlk Deeweta. tft ftU: nerker
aewa. IB te 230 lewur; nuia, aj.
8HEBP Recelpta. 2800 head, niddlns SBa
te B0e lower en sheep and lambs; one let
cheCi lambs. 114,40, generally asking
114.28! few light ewes, 14.78: etbera steady.
wum
head Steady.
113.10.
East Buffalo
llereipia, 4000
and cannera, 1SC4 2BC lower, shipping s;
IH80OIO80: butchers, 1409 25: yearlli
vvii' neirers. iqdh eu: cows. sa.
7 HO: freah 'pna, &fift Btirlnrera. SS012I
Cales. receipts, 2800 head) BOe lower)
tOHLlif
Heur 1
le, N. Y., Nev. SO CATTlt-3
DO head. Steady, except bulehers
. 13ft 25c lower, shipping steers,
cPJ!Ji. J"?"" VJfvi
I4O8B0: cows. 42.10,
SSe
nttl 91 rtftft aSSafllda SKA (A
lewer: mlied. IS 28: yerkera. S8 8BS.8B
Pig". IS.BO; roughs, B.80Oe.TB Siassi
vs.nuwe,
HMEEP ANO T.AMRR RMelfitS. 11.000
head Iimbs, BOe higher: vearljnss. ll
nigner. luwioeu: wetners
217 80: mixed sheep, IT.BO
TOW
was,
Raw 8ugar Stead but Inactive
New Yerk, Nev. 90 The raw sugar mar.
ket was steady but Inactive today, very
little being reported In the way of reflnera'
Interest. Ne change In the quotations from
last week was recorded. Quotations were
nominal at S 68. cents for Perte Rlee, cen
trifugals, and SS cents for Cubes for No
vember, coat and freight. Cubans for De
cember were offered en the same prlee basis.
Ne sales were reported. Imoertatlonswere
21,800 bags Cubas te Arbuckle Bres. Oran
ulated sugars were quiet and unchanged, the
range of price being from 0.90 te T.OO, Itse
Liverpool Cotten
Liverpool, Nev. SO Spot cotton was quiet
tedar with prices easier or, the basis efa
decline of 6 points for middling at 14. SIB,
The sales were 8000 bales. The receipts
were 14.000 bales, of which S1.109, bales
were American, Futures were quiet In the
early daallnaa. final nrleea warai Ameri
can, middling fair. IB.BSd: geed middling,
14.9M! fully middling, 14 Old: m
14.Sldi low middling. 14.Bldi .gee
nary, IS. 9 Id, and ordinary, IS.Slfl.
'e'rKI:
f' .NVA 3..-CATTI.K
H'"r"j
Btaadv.
I: cows. IB
Tl
lTc8aiB!
'Aft
tqie head
.heavy yerkec
piaa. a.s
&m
frlees Irregular en Parla laurae
Parte. Nev. 10. Prices moved Irreirsierlir
tee ueurse toeay. Three per earn i"
sea. . jaicnana a en uarnn, mm, jm '
r TSC. ana aeuaw '
e,
.Si
ser cent lean
queted at Ut W
API SILVtR
stly ter slivte was
-4' I,
-7
SAYS LINCOLN GETTYSBURG
TALK WASN'T IMPROMPTU
Twe Weeks 8pent en Famous Ad
dress, Historian Avsrs
Yerk, l'a Ner. 20. Belief that
Lincoln's Cettysburg address, delivered
fifty-nine years age nt the dedi
catien of the National Cemetery en the
Gettysburg battlefield, was prepared at
least two weeks before It waa delivered
and net the night before, as has been
reported, was expressed yesterday hy G.
R. Prowell, curator and librarian of
the fork County Historical Society, for
years in student and writer en Colonial
and Civil War history, Mr. PreweH's
Information is based, be declared, en
information obtained by htm personally
from persons associated with the for
mer President at the time.
"The story was idht out years agu
that it (the Gettysburg address) was
an impromptu speech, written en the
cars or dashed off in a few minutes at
Gettysburg." Mr. Prowell said. Ruch
statements he termed "absolutely false,"
as he asserted he obtained positive in
formation from various persons con
nected with the party that accompanied
Lincoln te Gettysburg te the ffnr that
the President began the preparation of
the speech two weeks before he deliv
ered it and seen aftsr he received the
icner inviting mm te ueityseurg.
TWO Oil IN POOR-'ARM FIRE
iwnnateii, TeniiM nor. an. two la
mates of the Tipton County Peer fans
are ueae spa a taira is
Mimed as the reMilt, af,
destroyed one of 15s ijull
tern. One of $w ejsil a
auaq, u reperrea
wlTel set Ire .Wl
Demnnd
Cables
Sterling .Francs Mr dulldera
' lisai Tift 1S? &
4.48H 7.10 4 01 au 80
LOCAL .MINING 8TOCKS
TONOPAII BTOCKH
tai.s
raah. Hey le
Jim Ilutler a
MacNamara 07
?Slirmt "
Midway , no
Mlxpah Extension ns
Mentana OH
North Ptar 07
Reacue Kula ,U
Tonopah Extension Ri
nnai r.nn Ulh
Weat Tonopah 10
DIVIDE BTOCKB
A tied Divide
Alte Divide .
ieicher Tcixi'
Ilreuah IJIMda
iiiviqe
ee
dend
Kxtenalen . ,
1 con
.01
.01
.08
.04
.11
.02
.01
.Ot
.011
.08
.IIS
.01
.71
.(IJ
.01
OOUFIELO BTOCKH
Beeth ' ,04
Comb Fraction .01
(rackeri.aclc ,., , OS
ua will Ui
AS
.04
m
Eaat nivlila ' ' ' '
Harmlll
Knox
Silver King ,
Sutherland ,
Tonopah Divide . , . ,
Tonopah Haabreuck
Victory Divide
Verde Dlvld
Zene
plamendfleTd Bl
Fleaence ,
aefdfleld Cen .......
ueia iMy
Heldfleld Deep .10
reat Rend oeu
Jumbo Rat en , 04
:IH
,00
Kawanaa
tone Btar
Red Hills i w.
Mllvep Pick .1
Spearhead 00
M1SCELLANBOUS
Amacre
nunft
7alede.nl
zanaeia
nma
llltpp
I InllllllMMHIII 90
.United .:.......,.. M
la. 1.. ee
irla .1 ,
SHrer ..1...!..;... .0
lllioe ... ..,.... 1 ., .. . VSf
ureka Creeeus 24
ureSa Helbjr ,.. .eh
eela t , , 1 S. 0
artk .jh. ,,.,(,. , 0
t. i' t
nsjer ...,,.. . , e
... ..?, 4..a4.J S
UM ,.liit'4.t,l .9
.Mii..Mrt( p.
? 'f ' i
iWAU'ili.
It. .it
lH.,.i
u
Aak
.12
.07
OS
.08
.11
:U
.en
.OIM
.01
.01'
.0.1
.114
OJ
la
.01
.04
0.'
07
.07
:e3
M
.0J
.V.
.01
"'.
.04
,ea
13
.0(1
.08
:i'f
.Ul
.0
.11'
.0
.11.
,un
.Ua
1,00
soft
i
reu want te invest
WJfi
wsfsee wriss
far lafersaa-
tkaorcrueta-
tlens
whichwu
need 011
short notice
United 8tttCftlflcMHelInckbtcl.
new and Geld Net art tht Idtil
invfttnMl.ief fundi which, you may
want te keep llquidable or ler hind
which you deire te invilt let indefi
nite period with' the minimum risk of .
shrinkage in principal , '
Maturitka from a few'
weeks te four years are available,
te yield about 3.30 te 4.30 ; .
If held by banks or osipettttoai. these
securideeare entirely tax-exempt and.
if held by individuals, they are exempt
from Nermal Federal Income lax.
WBBUY SBLL -..QUOTtf
in any ttmeunti
HALSE Y, STUART & CO.
INCORPORAVSO
Unci Tide BMf., Phllaelelplila.
CHICAGO NBW YORK
Dtnuerr milwaukbb
Pliena Lcutt 7410
BOSTON ,
ST. LOUIS'
PHItADBLVHfA
MIMNBAPOUS
HALLE & STIEGLITZ
KSTADLlSnED ISSt
kUIn Oi
se an
Wew Tort
Mueasv
reantylvaaia Ateaae a Boardwalk
Baltimore, Md.
Baltimore Steek Zaehsage Balldlag
BtsaiWrst
aw i
aw 3
hi
new Tors
Chicago Be
ferk OeHm Zjelaage
erk reiaee IxcSanae
erE Coffee A lagar x
art of Trade
Ixclianie
TJK7E beg te announce the removal
YY of our Philadelphia Office.
H. Leslie Walker, manager, te the
Flanders Building, corner Walnut
and 15th streets.
November 21th, 1122
Halle A Stieilltx
i
' WE WILL BUY WHJ WILL SELL
$5000 Standard G. St El ts, 1926 $5000 Gen. Gaa & Elec 7s, 1952
6000 Empire G. & Fuel, 6s, 1926 5000 Gea. Gaa ft Else. 6s, 1929
5000 Empire Refining 6s, 1927 2000 U. S. Pub. Service) 6s, 1927
5000 Lehigh Power Sec. 6s, 1927 5000 Empire G. ft Fuel 6s, 1926
3000 Kansas G. ft Elec. 6s, 1952 100 Sharea Lehigh Pw. Sec. Stock
100 Sharea E. Perm Elec. Common 50 Sharea Curtis Publishing Pfd.
100 Sharea National Pw. Sec. Pfd. 25 Sharea Amer. Pw. ft Lt. Pfd.
AUER, STARR & COMPANY
land Title Betiding, ftlladelpala
Hew Yerk Offlee, S Sector Itnet
Direct Private Telephone bet, Offlen
$lS5,tM
ARMtTftONQ COUNTY, PA.
4H ROAD IONDS
SM,eM Nevembtr 1. IMS
$2S,SM Nevember 1, 1927
$Sf rN Nwvemker 1, 1921
3e,eea Nevemker 1, 1929
SSSytte Navember 1, 19SI
$!, Nav-mlser 1. 1931
FREE
IN
FROM STATE TAX
PENNSYLVANIA
EXEMPT FROM ALL
FEDERAL INCOME TAXES
PRICES, TO NET 4.18
REILLY, MOCK ft CO.
396 CHESTNUT ST.
PHILADELPHIA
I
aBBBBBBBBaPlaBBBwl M
We Own and Offer
A first mortgage Railroad
Bend of very' nigh grade.
Bend sold high at 114 ft.
Our asking price la 66 te
yield 5.30. .
F. P. Ristine & Ce.
Wlfasr'BaMaf, Pkll.d.lpki.
Hew Yerk ZUsabsth, H. J,
Jfembers Xeie Yefk ami PMkUelrMa
Bteck Stvhangtt
4
Interest
en
Savings
A National
Bank With
a Savings
Department
Alktmmin-k ens e Jewy i
National
Bank of Commerce
njChaataiitSi
Steiea T. rerstU. rrttlaeaj
.6s, 2016
ays 8s, 1925
Pr Os, 1945
American Gas
American Rallwa;
Arkansaw Lt. ft
Traylor Eng. ft Mfg 8s, 1936
Abbotts Alder fley Dairies Common
tUimiitOIIACO.
wissNsa suiiatria, rMiuDiiwia
aeeeut mwaeesi
WlwmnrtaeaWes) raiuaeueuarw.as.
Abn A. Alexander & Ce.
Stock atuLBend
8&J:rmhPhiuu
ir-,iuuw,a
Investments
Baker, Yeung k Company
70SHX W. SWAIN, Jr., Banal"
Laad TltU Building
Bettoa Philadelphia
American Lima ic Stene Ce.
1st Mtg. 7 Bends
PRICE 100 AND INTEREST
ParsevtBros.&Ce.
It. Philadelphia
1421 Chestnut St.
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