iWtvwv? BB 'V r r ? x ?;;v- '-(, m M WBI j"t, - tfcT,-f' 30 EVENING' PUBLIC LEDGBtt-PHIEABBLttau: :. t, if; . ! TUESDAY, DEOHMB 5;M&22 I . - '. ' s ft i 1 A a :' Wi lif H'f. F Kill iiar H4i P U til HiV mm m$ i.iip.' 4l' I Hj3 JKS1 3 iiil 3 te im m N ft f mi m 't'i.i my. I Srl-Al rflu iVtfi SPSS m WM &" ST. LOUIS-SAN FftANCItCO RAILWAY EQUIPMENT It $I,IN ttptamlMr 1, UM SMM September 1, 1927 1,M September 1, 1921 $3,9N September 1, 1917 Cost of Equipment, $8,000,000 k Bends Outstanding, $6,000,000 PRICES, TO NET 5.25 REILLY, MOCK A CO. 30S CHESTNUT ST. PHILADELPHIA Reserve January Investments at Once We have just purchased mv eral highly attractive issues of fin t mortgage bends in $ 1 ,000( $500 and $100 amounts, net ting 6 and 6V4, which we are offering for immediate pur chase or for reservation for January delivery. If you have funds available next month we suggest that you make your reservation at once. Call or write for our In vestment Suggestions, and specify BOOKLET 913.L & W? STRAUS & CO 1617 Walnut Street Philadelphia, Fa. Phene Spruce 6337 40 years without less te any investor c) 19:: s. w. s. &. Ce. PRICES KM IN SPOnYMARKET Bearish Elements Were Again Busy in Digging Out Weak Spots New Yerk, Dec. fi. The movement of today's stork market wet, rhnrnctor rhnrncter Ucl by lrtnnlly the mime degree of ir rcgulnrity attending the Immediate pre ceding session. About the only no tleenble difference wns ii perceptible narrowing of the swings of the general list nnd n diminishing of the dealing. Fer the meit of the morning the grpmer pitrt of the Hit drifted In it ti nimle irt of fuhlnti. Price varia tions of the lending Issues were confined within fructienal limits while weak ness cropped out here nnd there hh result of n rotnbinntleti of sporadic liqutdntleii, realizing snles from spec ulators who bought en the recent reac tions unci moderate short telling. Hulk of the dealings, however, were supplied by the room trading contin gent. This element were open sellers at different Intervals, but were dlldnl in their market position aftr the earl) sal. Seme took the bujiug Mde In II vigorous enough manner te force up turns In several selected issues, while ethers devoted attention te seeking out weak spetn anil pupttlug out frej.li short Hues. Sttnleliaker was the chief fe.iturc of the forenoon as result of the anticipa tion of a siihitaiitf.il stock dividend declaration by tli beard today. An opening transact Ien of .'t.'OO shares pushed the price up '..'4 points. At the same time Sterling Products was ml winced i!li points te a new high for the ear ami riuititientiii inn eqimieil lis high 011 Penbed again of alie was? IM. run up Bend Buyers Y UU can secure arr of principal, reasonable income and salability in the selection of your invest ments and also obtain a regular monthly income throughout the year. We will be glad te make specific sugges tiens te meet your requirements. Graham Roberts & Ce. Investment Bends Franklin Bank Building $83,000 SCHOOL DISTRICT of the BOROUGH OF THROOP Pennsylvania High Scheel Tax Free Bends Maturities 1928 te 1938. Prices te Yield 4 4 The bends arc offered subject te the approving opinion of Messrs, Town tend, Elliett & Munson. HARPER &TURNER former Cltlett i points. While these .elected issues were jack- ml up weakness in ether parts of the , list. In truth, the persistent selling . of the 'railroads, including both dil I drnil and nen-dlvlilend pnjing isues, Inter exerted a depressing effect en the whole market. Seme of the industrial lenders, such as Kaldwiu, United States Steel common and Pnn-Aiuerlcan offer ed geed reiimnnce te selling pressure, but Stinlebakei- forfeited nearly all of its initial rise. Having succeeded in checking the rally which started last week, bear operators were mere nctive in putting out new short lines of stock. People's as was hammered down W and .Mnr land Oil. .:. while Tidewater (111. I.erillard Tobacco, American Hide and Leather preferred, (treat Nerthteni I preferred, St. Paul peferred, Louis Leuis wile and Nashville, (tiilf States Stud, 1 Housten Oil and Stamiad Oil of New 1 Jersey dropped 1 te U'g. Commodity Markets I GRAIN MARKET j Chicago, pee. ,". Wheat scored n i moderate upturn in price today after a little setback at the start. A decline! in Llverioel quotations appeared te , j chletly responsible for the Initial weak- ! ness here, but reports of further rains, interfering with the hnrvest in Argen-1 tina. actiil seen as mere thnn an off- i set. Trade, however, lacked volume. The opening, which ranged from vcl lower te a like advance, with Ma $1.15i te sM.l.-aj and .Tuly S1.07--1. ' te $1.1)7. was followed by a general, sag and then by a rise nil around te ' abee yesterday s hnlsh. Cern nnd eats were governed in tne main by the action of wheat. Some thing uf a lull in Western demand for corn was reported. After opening a shade te i;e lower, May (JUe, ttie 'com market eased a little mere, and then showed slight gains. 1 Oats started unchanged te '4c higher. May A'2c te UI-'&c, und held close te the iiutiul range. Previsions were depressed by a fall j in beg values. I'ruv. dete Open Cern Dec . . . . Uy . .. Julv . . Wheat m July .... Oit Dw May July .. .. dye Dec May . . Lird Jan May . . . . Dec n I', US' 1 ITS 1 074 4S 7n '$ en. (IRS 1 17.(Yt.1S 1 U.U 'jJl.ISS 1 071.07I 4.'t 42S S4V.9 42H 86 '-i is M. 70 HO', 00s. 1 lS, 1 HI". 1 07". 31) S7 ie.ir, .10.17 lo.te 10. ie ie ae Batjfctm jnMUfpMt Jmt STOCK EXCHANGE 6UI1D0W PhUadelphU COTTON MARKET New Yerh. Dee. 5. Cotten prices were influenced this morning by the National Ginners' figures, which were reported te indicate a ginning, te De cember 1. "f D.UCO.OOO bales and a crop of 9,040,000 bales. The report received a bullish Interpretation, nnd the cotton neught, os a result of It, advanced first prices 11 te SI points ever Inst night's close. Liverpool was nlBO strengthened by the ginning figures. Spot houses, New Orleans nnd Liverpool bought here nt the opening. ommisMen neuses and Wall Street old. The market later met considerable pressure from local seurcci nnd enbed off about 10 points from the epculug. Krev. rli Opn ti! It. January .. -i'522?! March .. ;!4,nign7 My . i'4.4s', July .. t.MSne AUIVIlt ... .:4.17 GS..hr .... i'2.070i 23 ID .-emnii 2 fO : h i'l us 2" l.t 21 e 2(1 01 24. S7 :4.7.1 24 110 Here 8 Insurance Yeu Get Paid for It Isn't often you get paid for being protected. Yet deposits, which you can make here up until ie e cieck at nignt, aim en which we pay Interest, afford v you absolute protection against a safe robbery In your store. REPUBLIC TRUST COMPANY J929 CAestnut Street HOURS 9AM-1QPM NEW YORK COFFEE MARKET New Yerk, Dec. 5. In response te the steadier Brazil cabb-a, the local market for coffee futures opened at an advance of ." te S points this morning en trade covering and demand from European sources, ITCVinua i;ieb l)nmbr 0 70M 72 Mrch a7j3N My CO.' Oil July 8.73971 September 2!OS0 nid. Open ! 73 m 11.42 ft 1012 ssisa S.33 U.S. Certificates and Treasury Notes AnkM YM Supervised Securities Yielding Seven Per Cent Tkt R. L DeUinii Ce. frtimttlii Sff USmmm .asjrasjs Int. Mlurln liin ui 3U )., t4S Dec. M3J June, OS Sept., US June. ft'.j Mept.. t4J Mnr . t4S Ie . l: Mnr.. t4H Hept 100 .tee .100 P0, MS loot, a.7r ' a no 11122 in2 1921 is 2.1 1921 1024 1B24. 1023. in. 1W24. 1II2H. tArceDifthle ftier tiaynienl rlii en dr.! of inaturltv. Eiempt from Federal nerm4l Incenm Ui, Liverpool Cotten Mtrrpoel, Dee. 5. Spot rellnn n nul.l 1 T ".l!"" bi l I4.4B1. NEW YORK STOCK EXCHANGE TRANSACTIONS ' Oni AUtrnn Rrt fa nttmieW- Qmttn Fw IM MXMVFMFNT Mv. Hslei In I KTOCK Hlh 600 4 Adams Kxprvta . . . 8 200 4 Air Reduction .... 39 400 .. Ajax Rubber 11 H 3200 .. Alnska Geld Mines. H MOO .. Alnska Juneau O M lift 1400 4 Allied Chem & Dye 72 U t00 7 Allls-ChatmerB pf .. 98 200 4 Am Bunk Nete 89 1100 .. Am Agrlc Chem pf. 61 !-s 3700 8 Am Can 70V 200 7 Am Can pf ill ft 100 12 Am Car A My. ...181 Vi 400 g Am Kxprera 1 39 H 100 .. Am Hide A Leather 10ft 800 . . Am Hide & Leath pf 62N 300 7 Am Tcs 104yJ 2000 .. Am Internat Cerp.. 27.H 100 .. Am Linseed 291 300 6 Am Locomotive ...119 200 3 Am Metals 7tt 2100 .. Am Ship A Cem.... 19 W 1200 .. Am Smelt 52H 200 7 Am 8me.lt pf 99 Ii 400 3 Am Btecl Kdy 44H 400 ,. Am Hutur Ref 74 100 .. Am Sumatra 27 Ji 100 5 Am Tel & Cable... 60 1400 9 Am Tel A Tel 123 200 6 Am TobHcce pf ne103 300 .. Am Waterworks ... 27H 700 7 Am Woolen 94H 100 7 Am Woolen pf 110 200 .. Am Writ Paper pf. 26 100 .. Am Zlne Ld A Smelt 15 2300 ,. Anaconda Copper .. 48.H 300 4 Asse Dry Goods... 6314 1100 6 Atch Tep A San FelOOIfc uu 0 A te.li Toe S V nf 901 . Atlan Blr A Atlantic 1 1s 7 Atlantic Const Unci 14 . Atlantic trult Hi . Atl Oulf A W I S S 23 H . At (I S W I S 8 pf 18 . Austin Nlchela .... 32! 7 Baldwin LoqpmeUvol I7jj . Bultltnore a Ohie.. 42H 4 Baltl & Ohie pf 58 54 . Barnsdall Class A. 32 H . Harnett leather . . 44 1300 48c Beechnut Packing.. 49V4 v 0 Hetmeliem steel ... oil 5 Beth Hteel U 62 7 Beth Steel pf new.. 96 . . Beeth Fisheries ... 5 . . Brit Km Steel 2d pf 26 8 Brooklyn Kdlsen . 116 ! i .. Bklyti Rapid Transit 16',j .. Bklyn R T ctfs 13 10 Burns Bres A 145H .. Butte Cep & Zinc. 7!i .. Buttenck Ce IB', .. Cadde Cen O & R.. 8H .. California 1'etrel . . 61 .. Cal Zinc and Lead. 714 10 Canadian Pacific ..140; .. Central Leather ... 3 . . Cen Leather pf 70 . . Cerre-de-Pasco .... 42 Vi 6 Chandler Meters .. 61 U 4 Chesapeake & Ohie. 65 4 100 500 100 500 300 400 6800 2400 100 3200 100 6400 400 300 200 tee 600 tee tee 200 100 100 5903 100 700 100 200 3100 500 600 300 6? Chesapeake A Oh pflOl 330 200 200 1800 3800 2100 100 4300 100 200 100 1500 600 1600 500 100 100 1300 100 100 100 100 1700 2100 1800 2300 2600 100 2400 3700 9030 100 500 700 200 200 300 2400 200 300 3800 300 100 700 4700 1200 1800 200 103 903 100 300 100 100 100 203 400 200 300 200 100 300 200 500 103 900 6300 100 100 100 400 200 1400 100 100 500 1600 tee 100 1030 700 100 . 200 200 : 100 830 1500 700 . 400 1030 . 200 . 400 . tee . 200 900 . 100 400 . 1200 . tee 900 . (.111 & l'. Ill ' . Chi & K 111 (new) pf 54 H . Chicago A Or West 5 . Chi Mil A St P 24 . t'hl M & St V pf... 36 C Chi & Northwestern 81 'j 4 Chicago Pneu Teel. 79yi . Chi H I A Pac 32'i 6 Chi It I ft PC 87c Pf 87 Vx 7 Chi R I & Pc 7 pf 97 74 H 26 f, 24 14 67 J4 76 25 44 Ji 23' j 29! 2 66 U 10H 14!, 1'H 90 Vi 96yj 5 Chi St P M & O. . . Chile Copper ... . . . Chlne Copper . . . . . Cluett-Peabody . . C Coca-Cela . . Cel Fuel & Iren. 3 Cel & .Southern. . 6 Celum Gas & Klec.,100 . . Celum liraphophene 2',j 6 Ceniput Tut) IWc... 6714 . . Conley Tinfoil 16i . . Censul C Igar 34 T 8 Conaelld.iteU Cias ..126 . . Cen (til of NY wl . 61 54 . . Cen Oas rth 2 14 . . Consel Textiles ... 12H . . Continental Can ...106 S Cent Insurance . . 91 4 Cern Products llef.1274 4 Cosden A Ce 48i4 .. Cruclbe Steel .... 62 54 7 Crucible Steel pf . . 90 . . Cuban Am Sugar... 23Jt .. Cuba Cane Sugar.. 13 54 . . Cuba Ciuie Sugar pf 37 . . I.'.ivlsen Chemical . 26i 9 Delaware A Hudsen! 24 2 Deme Mines 43 ?i 8 Du Pent (Ji I.) Ce155 K Kaufman Kodak ... 84'i 3 Klec Storage Bat.. 58 H . . lilk Hern Ceal... . . JCmersen-brant pf 5 Kndlcott-Jelinson . . . i:rle . . J'.rle 1st pf . . Krle 2d pf 8 Famous Plaers t,. a i.'.ininuH Plavers Df 10 Fisher Bedy 180 7 Fisher Bedv pr 11a 5 Fisher Bedy of O pf 97 .. l--isk Rubber IJ'i . General Asphalt ... 4j'a ii Gener.il Asphalt pf. 74 6 General Cigar . ... 81 8 Gen Hlectrlc ;"., .. Gen! Klec special pf 11 . General Meters '3Ja 1 Gen Meters deb 6 83 H .. Glmbel Bres 38 Vi 7 Glnile'i Bres pf.... 9 .. Uelduyn Picturea Jjs .. (.oedricli B V 31 H .. Gr-anby Mining jj .. Gray &. Davis...... '1 7 Great Northern pf.. 82 3 Grt North Ore ctfs 30' .. Greene Can Ceppei 24!4 .. Guan Sugar 10 .. fjulf Mobile A North 13 .. Gulf Mobile A N Pf .. Gulf States Steel... 72 54 7 Hurtman corp . Hendee Mff J.7... .. Housten Oil 65 J4 2 Hudsen Moter Car. z- 1 Hupp Moter Car... Z3 7 Illinois Central 1' Inspiration Cen Cep 34 . Inter Cen Cerp.... " . . Inter Cen Cerp pf.. " . Inter Rapid Tran.. 20 . internat cemeni .. jn I inter CenVEnf.... 24 U I Hit Harvester new. 895 8 inter Mer Marine pf 48 . Inter Nickel ...... 14U 8 Inter Nickel pf.... 70 . international Paper 52 ;, . invliiclble Oil Cerp 15 . Island Oil . Jewel Tea JH 4 Jenes Bres Tea.... 505, . Kan City A Seuth.. 19H 4 Kan City A Se pf.. 53 1, . Kansas & Oulf..... 25t . Kelly-Springfield . . 41 W i Killy-Spg T 1 PI MK $ Kelsey Wheel 10254 68 59 " 1 71 96 89H 38 54 6954 111H 181V 139 10T4 60 H 103W 27 54 2914 118H 4754 18H 3114 99 ?4 43H 73J4 27 J4 60 122H 10 54 27 H 9254 110 26 IS 48 6554 90 H 90 T4 154 113 IK 23 54 17H 32 116(; 41 H 58 54 31 44 48 ?4 6054 ee 9354 5 26 11654 16 13X 145H 7J4 18 54 8 6054 7 54 139H J4 70 4154 60H 65 54 100H 28 54 54)4 5 2354 34 H 7954 79 Vi 32 87 A 97 74 ?4 26 K 23 '4 64 75 J4 25 W 44 54 9954 25i 67 Vt 164 34'. 124H 6054 2 124 1034 91 126H 47 i 61 90 23 1 1354 37 26 H 12254 4254 154 84(4 57 H 23 2954 86 9H 13H I0?i 90 96 Vi 177 54 115 96 K 12 5i 41 Vi 74 81 178 It 13'i 83S 38 Vi 95 7j 31 24 ICi, 78;, 30U 24 !i 10H 13 43 70 83 17 65 234 23 108 5i 34 li 4 20 35 H 24 Vi 88 46 ; 14 70 51 15 H 20 H 50 5i 19 53 H 41 Vi 99 K 98 1 154 H 28 1 a 1 54 H 54 I. 1H H 114 "h H 5 14 54 H M Net P. M. Cntef. 68-154 39 - 1 1 1 14 - H H .. 71W 96 89M - 11154 18154- 139H 1H 10?4- M 62 - 104 54 27 54-2954- 118J4-4754-18H-5I-9954 -27J4 60 - 122 54- 105 110 -26 -15 4854 65 54- 9954 9054 r H4- 1 1 3 ' - 114 23H- 17H- 32 - iteu - 41 H 5854 32 44 -4954 60 54-60H-96 5 ! 26 -11654-16 13 145K- 7h- 18U- 8- 60- 754 139J4- 34 - 70 - 42 -60K-6594 100 - 28 54 54 H 3 -79 J4 -7954-32 -87 54 97 74 54 26 54 24 - 3 54 1H "5i 14 54 --52 !i !4 H 5i 154 54 154 1 54 H " ! 2H V4 'l54 IK 3 H 54 54 54 Vi .. Kenneoett Copper . 34 M .. Keystone. T 4 It.... 8M .. Lackawanna Steel . 78 54 tWtt '".. VtOCK Hteh w,iiS nenneceu 34DO 200 200 .. Ltd RHe A Wul lis 1800 3H Lehlg-h Valley ..... te evu L,ima Locomotive .. silt .. Loews Ine IBM 12 Lerlllard (Plerr)..172 7 1JUUvllle A Nash.. 132 .. Mack Truck BH 7 Mackay Ce 10S 4 Mackay Ce pf 6954 .. Manatl Sugar 47 . Magma Cenner .... 2d Malllnsen Ce 32 M 100 700 200 100 300 100 600 100 700 200 3100 100 200 100 300 200 100 1100 700 400 6 Mar St Rwv or nf. . 09 4 Marland Oil ..7... 27 2 Martin Parry Cor. 2854 ... Math Alkali 50 . . Max Meters Class A 47 .. Max Meters Clut B IS 10 May Dept gterM...164 1 Mclntyre Mining ..1854 2 Mex Seaboard. 17 2 Mex Seaboard Oil et 16 54 1 Miami Copper 271 250O1J0 Middle Stiles Cerp. 125 6300 100 230- 3600 100 200 2100 200 100 300 1200 200 100 200 300 200 100 300 7200 100 Mldvale Steel 2a .. Me Kan A Texas... 10 .. Me Kan A Tex (wl) 16 .. Me Kan AT (wl) pf 41 M . . Me Kan A Tex 1st pd. 32 .. Missouri Paclfa .. 1654' . . Missouri Pacific pf . . 43 . . Montgomery Ward. 20 44 1 Moen Moter Car... 16M H Mether Lede Minns 1 1 3 Nat Biscuit wl 3H Nat En A Stamp... 64 H National Lead 11454 .. Nat R Rpf Mid pf 214 .. Nev Cen Copper.... 1454 N O Tex A Mex... 82 NY Air Brake 2754 4 NY Air Brake A... 47 H e N y Central 95 U inS ..," JI Y C A St L 2d pf 87 200 JJ4 kw Yerk Deck.... 251 i 6654 354 76 -25K 4t5, -99K- 24 254 124- 105 54 14 54 54 1 14 3V4 4 4 14 4 H ?4 14 154 4 14 4 14 T4 91 1264-47H-62 -90 2374 -26K- 1224 434 154 -844-5B 86 -94-144 -10 -90 - 96 4-177J4-115 97 4 -74 81 178 -11 1354 834 39 4 - !4 96 5H .. 31-4 24 - 4 11 1 79 - 354 30 54 54 244- 1 104- 1 13 1H 43 7154- 2. 83 - 54 17 -65 - ci't -23 -108 4 34 'i , . 20 -35H- 2414 89 -47 - 14 70 51 i - 15 H 20H- 504- 19 -534-2 4 41 54 -994 1024 3700 100 300 1700 200 300 2100 700 300 1000 200 600 300 1700 13100 5400 200 300 100 4100 100 1700 1900 200 300 2100 2600 200 100 23 H New Yerk NH1K1IU. J New Yerk Ont A W 2054 7 Norfolk 4 Western112 6 North American ... 9314 3 North Amer pf . . . . . 444 . . North Ames. A rte. 26 ,6 'North Pacific ..... 78 54 .. Okla Pred A Ref... 24 .-. Orpheum Circuit .. 20 .. Otis 8teel 714 2 Owens Bet Mach.. 364 ...Pacific Devel Cerp. 154 6 Pac Qaa A Elee... 844 '3 Pacific Oil 464 8 Pan Amer Petrel... 9454 8 Pan Amer B 904 . . Panhandle 454 3 Pennsylvania R R.. 46K .. Penn Seaboard Steel 34 E Peeples Gas Chicago 92 . . Peoria A Eastern... 144 .. Pere Marquette .. 32 2 Phillips Pet 424 . . Plerce-Arrew Met pt 28 .. Pierce Oil 44 4 Plggly Wlggly Stere 454 .. Pitts Ceal 584 .. Pitta A W Va 344 6 I'ltta A W Va pr. . . 90 24 4 H 4 14 4 4 54 14 1 4 4 4 14 44 100 IVi Pend Creek Ceal... 194 100 .. Pressed Steel Car.. 77 1000 .. Producers A Ref... 40 K 1200 8 PubSerCoref NJ.. 944 100 8 Pub Ser of N Jpf..1064 1200 8 Pullman Ce 1244 400 .. Punta Allegre Sugar 464 300 3 Pure Oil 284 103 8 Pure Oil pf 994 500 .. Ray Cen Copper... 13 1900 4 Reading 764 100 2 Reading Sd pf 504 200 .. Remington Typew . 3254 100 3 Rem Typew 1st pf.103 200 . . Rem Typew 2d pf . . 78 700 .. Repletfe Steel .... 234 1200 .. Repub Iren A Steel. 45 4 300 .. Reynolds Springs... 204 1000 3 Reynolds Teb B.... 62 1400 4,13 neynJ Dutch N Y.. 524 100 ..St Leuis San Fran. 214 100 ..st Leuis S Fran pf. 394 300 5 St L Southwest pf. 58 100 .. Seaboard Air Line . 54 100 .. Seab Air Line pf. . . 8 100 .. Sears-Roebuck .... 80 4 2001684 Shell Transport .. 344 200 6 Shell Union OH pt.. 93 2 Sinclair Consel .. 31 K 8 Sinclair Cen pf....l00 .. Skelly Oil 84 . . Se Perte Rice Sugar 42 6 Southern Paeifle ..674 .. Southern Rail 234 6 Southern Rail pf. .. 644 .. Splcer Mfg 17 8 Standard Mill 132 4 Standard Oil of Cal114K 6 Standard Oil of N J1944 7 Stand Oil of N J pf119Vi 7 Steel Tube pf 774 3 Sterling Products ,.634 4 Stewart Warner Spd 564 6 Stromberg Carb ..554 10 Studebaker J26H . . Sub Beat Cerp 74 . . Sweets Ce of Amer. 1 4 .. Tenn Cep A Chem.. 9V4 3 Texas Ce 464 6 Texaa Gulf Sulphur 594 .. Texas A Pacific... 224 .. Tidewater Oil 125 3 Tlmken Rell Br.... 324 .. Tobacco Products . 524 7 Tobacco lJred A.... 794 .. Tel S &L& W pf.. 57. .. Transcontinental Oil 12V4 .. Union Oil 164 10 Union Pacific 1394 4 Union Pacific pf . . . . 744 7 Union Tank Car... 130 .. United Drug 78 g United Fruit 155 .. United Rwy Invest. 114 . . United Retail Stores 68 ..US Feed Preducw 34 .. U B Ind Alcohol.... 60 ' 6 U 8 Realty & Imp.. 844 ..US Rubber 504 6 U 8 Steel 101 4 7 U 8 Steel pf 121 3 U S Tobacco 56 2 Utali Copper 614 .. Vanadium corp ... 334 , . Va Iren Ceal & Coke 56 .. Vlvaudeu Ine 134 .. Wabash 94 .. Wabnah pf A 244 7 Western Elee pf...1124 .. WestArn Maryland. 114 .. Western Pacific ... 16 6 Western Pacific pf. 58 4 Westing house A B.I 00 4 Westing BAM.... 594 4 West E A M 1st pf 73 .. Wheeling ALE.... 9 2 White Eagle Oil. . . . 32 4 White Moter 48 .. White Oil Cerp.... 44 ., Wlckwlre Spene Btl 12 .. Willys Overland ... 54 . , Wilsen A Ce 37 4 8 Woolworth F W... 2094 Werth pump .. i Y 2100 300 100 100 3400 1100 1300 100 200 1100 900 1300 100 2400 100 200 65900 100 200 200 1300 1300 800 800 900 600 300 200 1200 1200 3500 200 400 100 200 300 200 900 3200 200 700 1 3800 300 100 600 600 100 300 300 500 100 100 200 100 500 200 100 1100 800 1 0 600 300 1300 100 400 600 Ex-dlvldendi. IBx-rlfhti. .88 1 4 a vt 164 H 16H- 4 164- H 1144 214 144 14 274 47 14 944 87 234 204 204 1M4 91 444 26 74 4 2 20 714 364 1 634 46' 93 88 M 44 464 34 86 K 144 31 H 414 28 44 444 574 344 90 194 77 394 934 1084 123 46 4 28 H 994 13 754 504 314 103 774 234 44 204 614 314 214 394 574 5 4 8 804 34 H 93 314 100 84 42 864 23 634 17 131 1134 1934 1184 774 62 4 36 354 1234 74 14. 94 464 384 214 122 32 324 794 57 12 1614 1364 74 54 130 78 1544 114 674 844 504 10154 12 56 61 33 56 134 9 244 1124 114 16 58 994 584 73 9 314 48 4 114 94 374 207J 274 4 834- 1H -4- H 46 934- 90 -44-464 34 88 -14M-32 -44 444- 584 14 344 4 90 194 77 -40 -934- 1064 123 -46 4- 284 H 4 4 a H 4 1H 1J4 H 1 994 24 13 76 -504 324 103 78 234 45 204 62 - 524 - 5 4 8 93 - 314 100 - 84- 42 - B7 - 23 - 644 17 - 131 - 114 - 1944- 1184 774 24 634 14 564- 4 554 .. 1244 74 14 94 464- 594-214-122 -324-524-794-57 1254-t- 16 4 4 4 H 4 4 114 H 4 4 4 3 1 14 4 4 "4 4 4 s a 4 H H I H H '"I- 24 . ' 7414 130 78 155 - 114- 68 - 54 4- 594- 1 04 50 1014 121 56 -61-33 C6 134 24 54 1124 i;h- 58 100 594 9 - 5H 207-274 4 2H I54 4 4 4 4 H 4 4 4 'h 4 4H IK LOCAL MS Wld Vtriatlent In the lntq!v Itauet Indicated a Thin Market There was a curious mixture of price movements in today's local market and it would have required the powers of a wizard te determine the actual trend. Most of the trsnsaetlens were small. The market, however, was feuad t be extremely thin, especially as te the less ncuve local issues, rne represcniaiive shnrs did little or nothing or reflected fractional shaving. About the only noteworthy Incident from a strlctljr local viewpoint was the apparent disappearance ever night of all apprehension existing regarding the P. R. T. family squabble. A calmer consideration of the matter disclosed. the event te have been greatly magnified at least se from a market viewpoint In all events, no further selling of the stock 'developed and, in consequence, the little business done was within a range of 31 te 3. The continued firmness of U. O. I. was one of the outstanding features of the limited operations, with that stock holding significantly steady fractionally above par. . It was In the inactive, shares, hew ever, the mere Interesting fluctuation were 'supplied. Lehigh Valley Transit led this class with a rise of 8 points. Lit brothers followed with a gain of S points. A ' similar sain being nlse scored by Consolidated Traction of New tiersey. Advances or a point were registered by I'enn Central Light pre ferred. Mlnehlll nnd Buffalo and Sus quehanna preferred. The latter repre senting a recovery of that much less sustained yesterday. Philadelphia Stocks f Net Itlth low 1 P, M. ch. Am Oas. . 70 7D 7l)Mi Vt Am Kwys. 11 11 WA V Am Smelt. IH 51 ni 1 Am at.u i.-.r. isr. ir.r. lit Am (las.. 7ii 200 Am lOt 100 Am 8trs..lS5 10 Bull & 8 t c pf... R4 20OtCellf Pet. 01 lOOfCM&StP SWVj 200t de pref . . . 1 Cen Tr NJ B2 ICO Klec Ster. 58 Kin Hunt A, tt Tep.pf... 15 i 20 In Ce'N A 42 30Leh Nnv.. 7:1 157 Leh Valley ' Trunsit. 12Vi 15I.lt Hros.. 44 lOtMur'd Oil 20li Klt.M Ktii Oil 12 10 Mlnehlll.. 52 55 O Kisenl'r 78'; 115 Pen 11 Cent Light pf. 57 171 Pennn It R 4fl 72 Philu Klec S0 210 de pref.. 30 T4 10 Phil In W 45 & 250 l'hiln R T 32 30 Phlln True B0 120tReading.. 75 155 155 54 54 1 01 01 3 234 23 35 52 " 7-?i 15 42 73 Vi 44 2tlVi 12s 52 78Vi 50V4 4tl 30 30 45 Vj 31 lilt 35 52 58 15 . 42 . 73,. 1 -Ui 2 12j3'i 44 2 2Vi-2Vi 12 Vb 52 1 78.. 57 1 40.. 30 -i- 30.. 45V. Vi !- Is (Hi 75"5i 75154 V lmiui...i.l.l. .ni .., 4'ir ) .; jwiniuui'iinr.iw.jyj i -.! JeU'fl lOOToneUel.. IVi Wt IVit ntiTone.Min. i i Ml it 140 U O I. . . . 501,1, be 50 SOfWhite Oil 4 4Va 4 .. tNet chnnge muds by compsrlien with lest SMla en New Yerk Stock Exchange. I'IIII.AI)KI.PIII PONDS 5000 Liberty 2d 4Vis '42. ixruu i.iwriy mi tyis -. . . 20000 Liberty 4th 41is '28. . lOOOKIectric & People's 4h.. 15000 Lake Superior Ine 5s. . . . itrvm nun., lim..!.. 1.. ... 1..... iuu rniia meeiric u'ft 101 07.00 08.00 08.38 -n ii!i; News for Investors FOREIGN EXCHANGE x Vrk. Dec. 5. At tne. open- cent under ,"", . I .. ......!,, t,.. ins of the foreign ecinuui '-, " .1 .. HIT U'U II VA U" D, . ...kl., umiu tht (pxtri'ine hlgbrecerd. but rKMen-.In the ether exchanges were larger. Jraiini, Hel laiia and lire lest libeut 5 points each and rlwlsa slwwed a reaction 01 points ."? ami I1S 103 4 40lfrlllll MOtlllllV H Sliarp liuveiji-;. fuuinu ISbhS l?Uy iXHl S liiutH. Swedish 1 and guilder 'si-1' '.St" tJe'f'ftlnU. Vlarki and Spanish wern un- W .2S hKU..Th- eiiser turn te the mar of lnr'am.',a k.. ?"" '''' I-u'v.a te flee iciny ulth urleei t ti ex 10 reinii ier miqa n llie aU were 6000 bold r Ifcllne w.re 0 000 bilee, et which .-,,-oe bili. were Ainerlcsn urlv rfeallnsi. mMriltn. felr. lS.I4d: vunrt miriiiin u k.7. fully nil44llns.14.S44i rnldlllri 14 ied:' low FUtUreH Ueri. mil.., 1.. ., ? Kpet rrlcei were! Amtrini, l...4ll.. ! 1 fl4 u.A ..ijjiV.'" .-"-.-.' mlddllns, IJJJd. geed erdlnsry, 1J.6d.' trvi erdlnnry. lS.tld. Fewer Failures In November New vera. mc. 1T.1H remmarclal Hitiea qurint, nuTwineer, wiui iisdiiii lee a 54.0gO,3Bi .against 1ST0 seUiaeks In Ne B. Bridetreet'a remrla Ullurrt In the Unllert ?88.. SO?. amlnn.Mrj-is7454C. 3 respectively In tlna.s5wfe4 e uaL urtttatV 'regarding th ln.medl. outcome of the centerences en me fvar t"..4 ultnurlnn. Quotations wire : Sterling cables 4.53, demand 4.53: franc cubes 0.07(5. checks II.IW I Belglmi cables 11.40, ClieCKK II. '! 74 . r '?.'"" .'e!' checks 4.IK1V&5 HwlhH cablei, 8.84, checks 1S.81: ,! cables KM, checks 15.41 : nanlsh cableH 20.47, checlis .! Nry hlcs 18.00, check 18.55; Swedish cables 27.0.1, checks 2(1.118 ; guilder cables 311.75, ..u..lu fin. 70: marks .01 (J, Central Eumpean ejehanges were Ir regular today op neiiiinul quotations, Greek showed a less of 8 jieiuts and Polish of B points, the last te a new low record. Wnlsl were a point lewtr. ttustrJia ul Uungarlan showed slight fractional Improvements. Serbian gained 4 points and Juge-Blavlan rpse a point. Quotations were: Bulgarian .70; Rumanian .03: Sermon 1.-. Ureek 1.25; (Vecho-Slevaklnn .Ul5 Iuge-81niun .33: Pellnh .0058; 1 In ( J 11 se nlsh 2.54: Austrfun .0014: garlan ,(XMM. New Yerk exchunge In Montreal to day was nominal ut par. Canadian funds In New Yerk were nominally par. YESTKHDAVH fLOHINO QUOTATIONfl .Slurllns l'ranci Ur; Ouin Pemand ... . 4 r.3V T.Olft iiu 2S'JJ C4t.le ... t.MS, 7.0aW H.034 0.T TUUAT'H OPENING QUOTATIONH htrlln Krsncs Wr?..0''lI! Demand .. .. 4.MH a.Si 4'fevt e.sit Hun (,'Ables 4.5M O9.T0 39.15 Demestic Bar Silver Marked Up New Yerk, Due. B.The New Yerk quo tation ter br alUer of domestle erwjn was Increased today from t ECT ii. HUH centa tr eunc. 0U0 fine. . I hi '"; rr... lu Aum ... .,. ii.. 1 aeil coal Pi allen, elng te the faet .,15,i ut tnt I. airaln sn-eptlrig J"""' "! rchjMd under the Plnin ,J dilphla Mint Instead of at ne irunjeruili iievernmen llvftr eurr 111 Phlladi'lphla Mint Instead weuvrr .Mini, Vte la., ilea. ANK CLKAMNOt in Bank cltsrlnsa today cerhparseJ with eer wis aay tail IBM tlt.et0.OM TS, two 6i.ou9.eoo "ea.wt, SS!su LONDON STOCK MARKET Trade Generally Quiet and List Without Leadership Rubbers Dull Londen, Dec. 5. A drive was muie against Angle-Perslan oil shares enthe stock exchange today following the re vival of rumors that the British Gov erlment Intends te dispose of its Inter est in the company. Other issues In tbls department also lest ground. Royal Dutch was 34. She Truism.. .n.i Trading 3 15-10 and Mexican Eagle flemn rails were neglected and in clined Ie eug. Dellar descriptions were dull and about unchanged. Continued moderate selling of Argentine rails wus sgsln In evidence. Ullt-edged Issues were quiet and easier. There was little doing in French leans, but prices were well maintained. Kaffirs were again stable and opera tions professional. Rubber shares were dull but generally steady. Industrials were steady but Isrked snap. Hud eon's Hay wun 7 1.11B. Trading generally was quiet and the markets were without leadership. AR SILVER cur trftvar was Ua kiaherla Leases te. curat S3 T-.M. i j ' The Baldwin Locomotive Works has received an order for four engines from Brazil. St. Paul's November freight lendings increased 31) per cent ever 1021 and Reck Islund's increased 12.3 per cent. Charles J. Shull Iiiih been elected 11 member of the Beard of Directors of the Chestnut Hill Title and Trust Cem puny. The average price of the twenty uc five industrlsls declined 0.80 per cent yesterday te (15.10, and the twenty railroads declined 0.70 ncr cent in 85.16. There has been admitted te the tin listed department of the Philadelphia Stock .Exchange today, Cougeleum Company subscription wurraiits fur no par common stock. Bread Street National Bank "stock holders have voted te increase the capi tal of the bank from 9250,000 te $375. 000, and te sell the new stock at $75 per share, par value $50. Stockholders of record December 4 will be allotted the stock. Brooklyn Rapid Transit officials said yesterday that system could net be taken out of the receiver's hands for from four te six months. Present con ditions are such that it could net be delivered te owners by January 1 , 1023, as originally reported. Directors of the Whitman Mills, of New Bedfqrd, announced the calling nf a special meeting of stockholders for December 14 for the purpose of up. proving an Increase In the capital stock from $2,000,000 te W.WW.OOO. The increased' capital will be used for the payment of u au per cent stock divi dend. Transactions en the New Yerk Sleck Exchange during November totaled 22, 113,700 shares, an increase of 5,821, 100 shares ever a year age, ami a de crease of 1,420,100 shares compared with November. 1020. The dally aver sge trading was 021,404 shures, against 708.378 last year. 080,050 in 1020, mid 1,251,448 In 1010. The Stock Clearing Corporation nf the New Yerk Stock Exchange an nounced that beginning with centractu (luted December 8, 1022, "It would ,!.. p nil foreign bends listed en the New Yerk Stock Exchange. Settlements will be made through the day branch of the corporation, in the sumo manner us non-cleared stocks und en the sumo kind of forms. Liggett & Myers' special meeting of stockholders is called January 8 te vote en a proposal te increase the authorized cupltal stock te $100,000,000 from $65,752,700. It is proposed te de this by Increasing the autherised preferred te S34.130.MX) from $22,750,800 and "B" common te $44,863,800 from $21,400,400, , I'arsly Hretners & ue. are offering Keystone Power Corporation first cu mutative 7 per cent preferred steek ut $03 per share and accrued dividend yielding ever 7.50 per cent. The sKey sKey stene Power Corporation supplies elec tric light aud power without competi tion In an extensive urea in northern central Pennsylvunlu, including the cit ies of Ksus, Mt. Jewett, St. Mury's, Ridge way, Jobnsenhurg, Bellefonte, State College and Mllesburg. this terri tory having a populetion estimated te be in excess of 55,000, MONEY-LENDING RATES NEW YfJBK Meney en call, both dae of collateral opened today at 6 per Lent for lending and renewing. " JiBSWS" e Unusual Service Has Its Reward In five years our deposits have increased almost $5,000,000 al most a million a year. This in the face of many adverse business conditions. These figures tell a story of mere than ordinary banking service. '. They represent success net only for us, but for our depositors L We are glad and proud of our part in this success. 'It is an indication of the value of -our Service and its appreciation by depositors. (3 II esansttiui leurrasit tint areett ce. Wheltrvt Best- Profits MOIt " MOIt M CONTINENTAL' EQUITABLE TITLE, TRUST COMPANY Capital $lfi00fl00 Oujasirth above Chestnut. PHILAOC IPHIA, Deposits Over $12fi00fl00 Surplus $lfi00fl00 Fer Estates Te meet the requirements of 'estates and ether large investors, we offer in substantial ameunts: Railroad Bends Legal for Savings Banks and Trust Funds Pennsylvania Municipals Free of Pennsylvania State Tax Exempt from Federal Income Tax The offerings net only should prove attractive for the investment of funds new available, but also for the replacement of United States Victory 4f, Notes both these maturing next year and these called for payment December 15. 1922. List of offerings gladly furnished en request. IRmtmanil&Ce. 1427 Walnut Street, Philadelphia New Yerk Baltimore) Pittsburgh Washington Members New Tork. Philadelphia und rittebursh Uleck Exchanges Mere Than 2,600,000 is the estimated population served by the Public Service Corporation of New Jersey. We are recommending this corporation's 8 Cumu lative Preferred Stock, which is listed en the New Yerk Stock Exchange, and yields at its present price ever 7j. Balance available for dividends for the year ended Oct. 31, 1922, was ever 3.5 times requirements. Dcsen'pftett en Request Bonbright & Company 437 Chestnut Street, Philadelphia New Yerk Bosten Chicago Detroit jUeead fviefflem What is the best invest ment? What about my will? I'm going te travel ; who will wiitcli ever my financial Inter ests? If anything should happen te me, will the children have the education that I want them te have? Is my wlfe experienced enough te handle the proceeds of my Ufa Insurance? Many men ponder ever these, and ceuntlera ether problems, never realising that their trust cempuny could answer them all. North Philadelphia Trust Ce. Bread St. and Germantown Ave. Above Erie Ave., Philadelphia Our Business is te help people in anything connected with the we of property, handling money, carrying out the terms of a will. Consult us personally or write. We will nssure you of courteous utten THE REAL ESTATE TRUST CO. OF PHM rFLPHIA Bread and Chestnut SU. J . Ki '." KM yi X v
Significant historical Pennsylvania newspapers