BT?f V" VL A if'-E'
Vi'jftvrv-" t'jfc!
i
BR '15, 1JK8
- i
Dayton Power and
Light Company
1st Re' s Bends
Due June 1. 1915
We have been identified"
with the financing of this
Company and a prede
cessor for twenty-one
years.
Prlce 93V4 and interest
Te yield about 5.60
A circular describing the
above, together with our
December Bend Circular,
wiU be sent upon request
Harris, Ferbes & Ce
Pine St., Cor. William
NEW YORK
PHILADEPHIA OFFICE
Widener Bldg,
Telephone Spruce 7040
SAME CONFUSING
PRICE CHURNING
Trading Professional and of a
Typical Year-End
Characler
NEW YdRK STOCK EXCHANGE TRANSACTIONS
Only Afternoon Repert in Philadelphia Quoting Full Lilt
vPjSvuMSjsry II
X4e5) II
HAITI
30 Yr. Bend
6 Coupon
Offered nt price
te yield about
6.25
te maturity
Direct obligation" of the
Republic of Haiti Is
mrd iMirstinnt te An
Kreemr-nt with th Presi
dent cf tin UnltH Stit-s
clnular en rre.-sl
TheNatienal City Company
Philadelphia 1417 Chtitnut St.
Atlantic V-liy -nitlluniw uibci
1ZZ3 oearnwaiw
We have our own representation in
the following cities:
Albany
Baltimore
Bosten
Bridgeport
Lebanon
Philadelphia
Pittsburgh
Rochester
Scranton
Springfield
Syracuse
Trenten
Wilmington
New Yerk. Dec. If!. There wan n
coiitlminiiee of (lip ulitlrnliig price move
ment n In leilny'i jiterk innrkt't, with
Hlimiltniii'etiH (ixliililtlnns of streiiRth
iind lieavlncHM oftentimes ecciirriiiK In
nil' same group. As u inrittcr of fnet.
; the ti-nilliiR wns of n typienl .vi'iu-t'liil
I clifirncter, incltitllnp closing out of many
contracts for both long iiiul short m m
'ceunt, pert of the operations consist
' liiK of liquidation of peel holdings in it
1 number of "-peciiiltii'H, while nt the snme
time ether Is-stirs ntiunrentlv were up-
ciitmtlntcd in iintlcipii'' n of impertnlit
developments expected te he ntineiinccil
hi the new your.
Considerable Irreznlnrltv mnrkeit the
enily movement, with the imiitt tenil-l
ency downward. Professional fdmrt
interests resumed their pressure en
-ueli speculative favorites ns Baldwin
Locomotive nil I Stmlebnker, enrli drop
ping n pi-fcit. This was partly offset
liy the pronounced ntreugtit of United
States Steel, Chesapeake and Ohie and
Heading. The overnight announce.
meiit that negutiatlens for the purchase
of ('. & O. by the Vnn Swerlngen
interests wiir under way easily
neeeunted for the .1-point rise In that
stock. The upward spurt In Heading
followed an early bulge, in Jersey Cen
tral, wlilch it controls, nnil unques
tionably was prompted by the persistent
rumors of a distribution of assets by
tile latter company.
Although the strength of these market
favorites exerted n stabilir.inz Influence.
looses of j te ! points were established I
I In many parts of the list bcfeie the I
decline wns checked In' the enrly pnrt
tf the second hour. At that period J
execution of large bujins orders stnrted
it vigorous recovery. The rallies were
accelerated by hiiirietl covering of t lie
sliertw and the continued ease of the call
money rate. Call leans renewed Inte
next week at 4 per cent. United Satcs
Steel assumed the lendctadiip of the rally,
advancing te 1(17, the highest In ever a
i month. The copper stocks were all
' placed in new high ground for the
I month, Anaconda advancing l':. elid
1 Utah mere than vecevet cd the quarterly
1 dividend of ',. which it sold cv at the
,npcning. Inspiration was one of the
active fcatuies In this group, met lug
up l:,s te H,"i, American Smelting rose
ever 11 points. The movement of Ana
ren da was attributed te the expected
acquisition of. Chile Copper, but ether
copper stocks v. ere bought because of
t lie continued Improvement in the copper
metal trade.
An Interesting Incident of the daV,
which, however, came in for little dt
icct attention, was the fact that ap
proximately two hundred stocks sold
cvc-dlvldcnd today, with about 10(1 of
that" number being quoted ex -dividend
en stock exchange. In a normal .vcir,
December 1fi Is a dav en which main
! stocks are qiietcM "ex-dividend," but
mi view of dividend resumptions, extra
i asli pa.vmeilts and stock dividend dec
larations this list was much longer
today than would be the iat,e ordinarily.
Wv.
S1 In J STOCK Itlnh
100 ,, Advance Ittimciy .. 14 'J
300 .. Ajux Itubhcr 12 ft
600 ,. Alneka CJeld Mines. V
700 .. Alaska Juneau O M. Hi
700 4 Allied Chem ft Bye 70 S
100 -4 Allls-Chalmers AiVi
.400 .. Am Agrle Chcm... 31
800 C Am Can 7314
100 12 Am Car & Fdv....104?4
200 .. Am Cotten OIL... 179't
100 7 Am Ice 10894
300 .. Am Hide & I,eath pf 63
300 .. Am Intermit Cerp.. 28?a
200 l Am Lit France Kng 11 Vi
500 .. Am Linseed 31 Ti
IjOO 0 Am Locomotive ...124
100 7 Ant Locomotive pf . .121
1?W 3 Am Metals 49
100 4 Am Ilndlater 119
400 U Am Safety Razor.. 7U
300 .. Am Ship & Coin... 199J
4100 .. Am Smelt tflU
200 7 Am Smelt pf 9a4
500 3 Am Steel Foundries 38
700 .. Am Sugar Rat 75 H
200 .. Am Sumatra CO
300 9 Am Tel & Tel 125
300 6 Am Tohncce pf new. 103 Is
100 .. Am Wnterwerks ...iBU
100 7 Am Watrwks 7 pf 8514
500 7 Am Woolen 94i
100 7 Am Woe.en pf 10914
'00 .. Am Wilt Paper pf. V6J4
9300 .. Anaconda Copper .. 50H
400 6 Atcli Tep & San Fe.101 U
100 6 Atch Tep & S F pf 92
GOO .. Atlan Ulr & Atlantic 1 V
200 7 Atlantic Coast Llne112'j
100 .. All Gulf & W I S S 24
400 .. Austin Nichols .... 31
'00 7 Austin N'lchel-i pf . . E3
15100 7 Hal'UvIn Loceniotlvel 27 ?
'400 ,. Baltlmr'e & Ohie.. 42
100 4 Haiti & Ohie pf.... E8?a
100 .. Darnsdall Class A.. 32U
400 .. Bateptlas Mln .... W
800 48c Beechnut Packing.. S2',i
200 C Bethlehem Stcel . ,. 61 'j
100 7 Belli Stent tif new. .. 95(4
; 7S00 5 Beth Steel H t3?i
s .. Deem kis leriea ma
. Hrlt Km Steel 9
8 Brooklyn IMIsen . 114JJ
In addition our New Yerk Office is
connected by direct private wire
Kith important investment institu
tion in
Atlanta
Augusta
Buffalo
Cincinnati
Cleveland
Columbus
Jacksonville
Louisville
New Orleans
Savannah
The facilities of these connections
are at your disposal
Hemphill, Noyes C& Ce.
M.mfcers Weir Yerk Stock Erchmnf
Franklin Bk. Bldg., Philadelphia
Commodity Markets
$30,000
KENTUCKY &
WEST VIRGINIA POWER
COMPANY, Inc.
FIRST MORTGAGE 7
AUGUST 1, 19S0
lVm- r:,idril Octebir Jl, lli!2
K(t .'ariiiiiii J7 SC, 7
I s
I Bend Interest hU.IZO
AMERICAN CAS . ELECTRIC
COMPANY OWNERSHIP
PRICE, 1C2'2 AND INTEREST,
TO NET 6.80;i
REILLY, BROCK & CO.
- 30S CHESTNUT ST.
PHILADELPHIA
GRAIN MARKET
Chicago, Dec. IS. Wheat tended
downward in price today during the
inily dealings, being affected by appar
ent indifference which the Liverpool
market dispht.ved rcgaidiuj upturn
hcic .vestcrday. Jtesldcs, it was on en
teuded that both Argentina and Cnifail.i
were under-selling the United States
abroad. On the ether hand, domestic
uilller.s were repeited te lie doing busi
ness en a larger scale, and there was
hopeful gossip cu n cut as te progress
looked for in regard te expert financing
plans at Washington.
The opening, which ranged from &c
te :,v',c lower, with May .Sl.li.'lli te
S1.5KM.4 nnd July SLlt'i te .?1.14j.
wns follewcfl by a moderate further
setback.
Cern and eats weie easier vvitli whent.
Alter opening ,hc te nic lower, Jlaj
7.'t:lC te Tic, the corn market con
1 i ii in 1 le s,g.
Oats started 's' te "'sc off. Mill
-tlr'sC te l(i;iC, 'Hid later showed but
llllle power te i.ill.v.
FlriuucKH of hog values gave a little
strength' te piovisiens.
Cern l'rev clcae Open
!)cv 7,i" , T.i '4 ii
Mny 7I' ..I 1c
a'j
100
100
500
800
100
. 100
1700
400
300
100
300
200
3100
200
100
600
300
300
5100
4'e
4300
Bklyn Rapid Tianslt 15
.. Bklyn It T ctfs Z'n
10 Bums Bres A 144
2 Burna Bjrps B 43?i
.. Butte Cep & Zinc. 9?a
H Butte &. Sup Cep.... 31 U
.. Butterlck Ce 18
.. Cadde Cen O & R.. 73i
6 California Packing. 81 li
.. California Petrel .. E6
.. Cal Zinc and Lead. 9
10 Canadian Pacific ..143Ji
7 Case .1 I 1st pC... 75
.. Central Leather ... .J-t'2
.. Cen Leather pf 0'a
8 Central of N J 133
.. Cerre-de-Pasco .... 45 U
G Chandler Meters .. h4
4 Chesapuike & Ohie. 71 i
700 6 ',6 Chesapeake & Oh pN02!,i
. . Chicago & Alten... 2Ja
.. Chicago & Alten pf. 3?a
. . Chicago & Or West 4
.. Chi & Gr West pf . . 9a
.. Chi Mil & St P 22K
.. Chi M & St P pf... 25
C Chi & Northwestern . 79 V
4 Chi Pncu Teel B2U
.. Chi R I & Pac 32 ?
6 Chi R I Sc PC 6 pf P2!4
July .. ..
vvnuai
73'.
.73'.
He.- 1.24
Jlny 1.23T
July 1.14",
Data
ie 4(1
.Vuty 4rt'i
Julv .tl'7n
Itye
May
Illbe
Muj . ...10.111
l.:int
liny in HI
.vt.ii-
1.21'.
l.L'3V.i1.23
l.U'j-iil.H'.
. ; C'i .hi1.
11! M
.' I .
.7i
1.24VJ
I.'.'J
1.134
. I.".',
.411",
tir.
I ii.:. 'J
10. l'j
K,
Kmmwmz, m
O'iliiUVs!
-IB 4U UvIUUHB .'''
l3ar.MBBreg-'
, COTTON MARKET
New Yerk, Dec. IS. The cntlen mar
ket was under considerable pressure
Mils morning fiem spin ami cemuiisinu
' limises and Southern wire concerns, and
I llrst prices were 4 te 10 points lower.
Utilities which followed weie net sus
tained, and the list at the end et the
i first twenty minutes was back te in
! it till levels.
Wall Street and Liverpool were the
best liu.wrs. About seventeen notices
, were issued this morning.
rrew i,lin (i,)en I" M :
L'.'i .'illiCi.'t a,. Ml
in.:.7ct."s ..-..mi as. i-. I
as 7si si l,-i 7.' :-i.'iis
-.. s:i'i mi n sii a, 7t
jr. iihi M.i Ti no i!,-i. n
VI II i!.". IIS iim-lecl
. tll.Oil .3 'J.' . .
T1I.-U.V
J.iiiu.uy
Vlinli
-Muv
.lu i
1 Am, nut .
vkm.iIi r
.Nenunii
NEW YORK COFFEE MARKET
New Yerk. Dee. IS. The coffee fu-
Hires niniket continued its upward
trend tliis morning, prices en the eiien-
lug call bolus 1 te 7 points higher.
'J here was a tnlr demand ter March
I centract1 at H.7S, prominent trade and
commission houses being en the buying
sole, l lie iiiienncs dime neni scattered
Kanawha & W. Virginia
1st 5s, 195S
'Guaranteed lv tha Uyj Central)
Minn. & St. L.
Cens. 5s, 1934
F. P. Ristine & Ce.
WhW Baildin,, PhiUclpbu
Ucnltit, ,ew Yetl. ami l'hilut'.itpl.ul
HI id. I. 7iiiuir.i
" MIUMIIMI I IH Mil il Jl
T
Texas & Okla. 5s, 1943
Mich. Cent. R. R. Stock '
Kirby Lumber Pfd.
WM. C. ORTON & C0
Vt'sli kt ,N Y. Id Hanover 8630-96971
seiiices.
1 1 i (Mulicr
-M nil
Via
lni)
St )h!rlu
ii ii:rs or,
11-71
ii .te.
ii ii
S Mli.'il
ft !l t ft 1.-,
H.7 ltfi 7.1
Ii mafic III
II "7'" in
s usuym
300
200
tee
100
700
1400
000
200
700
100
1020 J
17D0
100
200
200
1500
100
10O
200
COO
800
3700
13700
1800
2100
700
910
30 M
15300
1200
00
100
1200
100
303
200
100
300
100
1200
100
100
400
800
300
400
200
GOO
100
, 100
1C0
1500
400
1000
3800
100
1000
2200
100
tee
100
100
500
im
100
1700
1800
500
100
100
100
1603
.100
100
300
700
2r0
100
203
24
25 0O
500
000
300
100
200
100
200
200
200
1903
2600
303
301
100
4JJ
2500
1600
900
200
900
aoe
2600
100
Chile Copper .- ?8 li
.. Chlne Copper 25
. . Cluett-Pcabedy C-5 Ji
ti Coco-Cela 75 'i
.. Cel Fuel it Iren... " 5 ' i
C Celum Gas & Klec. 104',-i
.. Celum Grapliophenu 21a
.. Cel (iraphopheno pf 9
C Cemput Tub Hie... 71 ti
.. Cen Cigar pf 84
8 Consolidated Gas ..121
.. Cens Oas of N Y wl. 61
.. Cens Gas rts IV
.. Continental Can ...112',i
.. Continental Meters C 114
.. Consel Textiles ... 1 ? 'A
4 Cern Products Riji.131B
4 Cosden & Ce TO'i
.. Cruclbe Steel 73 '4
.. Cuban Am Sug'ir . 26 'b
.. Culi.i Cane .Sint.vr.. M'i
. . Cubii Cane Suy ir vi 40
.. Pavlsen ChvitiL.il SI V
.". Ueere Ce pf 71 3
.. Delivers C -Mln Ltd 3l4
9 Delaware & Hudsen 1 20
2 Deme Mines 3
6 Du Pent C deb pf 86
6 Eastman Kodak ... C4;a
4 Klec Sterage Bat... 55 i
.. Elk Hern Ceal 23 !i
. . Kmersen-Brantlng 8
B Endlcott-Jehnson .. 87 Vt
1 Endlcott-Jelmsoii pflttl
.. Erle '5a
.. Krle 1st nf 15 H,
.. Krle 2d pf 1 1 5a
5 Funieu- Pliiven 1. '-O'.i
. . Fed M'n & S.nelt. 1 1 '.
C Fed Mln 'C Sni'dt pf IG
.. I'id.dl.y l'lieeid. Klrc107
10 l-'lsher Bedy 204
8 Fisher Bedy of O pf l'9!i
.. Krcepert Texas ... IfaU
.. General Asphalt ... 47 ?
6 General Cigar .... 63
8 Gen Electric 181
"4 General Meters .... 13 14
6 Gen Meters deb 6 Ce 82 ?i
.. Glmbet Ure3 41 J4
7 Glinbul Bres pf 97
.. Gllddrn Ce 10'a
.. Goldwyn Pictures... 5 9s
.. Goedi'ch UK 24 J4
7 Goedrich P. K pf... Vi
.. Ginnbj Mining 5?
.. Cray & D.iMs il
7 Great Neithern pf . 10JB
3 Crt Ninth 'Ire ett ;OJa
. Greene Cm Ceiiper 26
'. . (lulf Mobil.- & North 1.3
.. Gulf States Stcel... '8U
.. Hablrsbaw Klec ... 1 'i
7 Hartman corp .... 0414
,. Housten Oil 70 Yi
2 Hudsen Moter Car. -5J9
1 Hupp Moter Car... i5',i
.. Hydraulic Steel . .. 4
7 Illinois Central 07'
6 Ingersoll Hand ( ..104
,, Jnapir.it en i,cn uep -a
.. Inter ten v-erp..
.. Inter Cen Cerp Pf
.. Inter H.ipld Titui
.. liitr Agrlc pf...
2 J liter t-'eni I-"B.
let ilre.U Js'euli.
I, Int Harvester new
j
19
31
,4H
4'.
91
i,. i ll.irvc.-t new lltll.1
Inter M'-r Murine. ' 1 3.i
"(j lutti Mer Marine p.' 51
,. Inter Nickel HU
0 inter Nickel pf.... Cfl'i
IntHi national I'aper 13 lj
C Inter Paper pf sipd. 7214
Inducible Oil Cerp14li
'.' Iren Products .... '5'a
!. Island Oil !i
.. Jewel T.a '
4 .lenrs Hn-B Tea . . . . M M
7 Jenes & L cum pf wllOOi,
.. Km c & Seuth.. I a' i
., Kansas " Uulf ,
. . K lyser I- t:" "ew ' 4
X.nvf
14'8
12a
4
VA
78
44t,
30
7214
184
17?4
1C84
62 V
28 H
1 1
31 Yi
122Ji
121
40'2
119
7U
19'2
55 H
991
37 ?4
74 4
29 yi
124J',
103
2814
8314
v944
109'i
MYt
49
101!,
92
m
112
23 li
31
88
12515
41?,
50 J.
32 'A
51 ?8
611
95
62
4.14
9
114',
14?4
12H
M4
43
9',
30H
17'i
7 54
Bl
6
9W
U3J-5
75
41,
70' 2
;32
.U34
3H
09',
102
2',
3?4
414
95,
22 H
24?,
78 Ji
82
32'j
t'?i
27's
r4U
C51.
2-3
lC2'j
9
7114
84
12014
60 li
2
111
11?;
1214
130!J
'.9
'. 0 Yi
:5
14'4
A.")
20 1;
71 H
3 14
12014
43
05',
H4?,
55 H
23',
8
83 34
117K2
10 i-j
15'4
11 U
DO
M"i
!G
107
201
08 1 ..
18
45?4
fc.3
uer,
13
82 34
4114
97
101,
514
?4'4
8314
5 514
13
6014
-0?,
JG
13
W'4
Mi
1'414
70 !i
.5
iSJ4
4
1071',
104
.356
1 ;ni) Net '
P. M. Chire ,
1414 f V
ZVi- U
V
n. ..,
78 -I 14
444 '- H
31 ; 'A
7314 ..
182?4 !
1794- '4
108?4 ,
63 I 4
2334 -; '4
1 1 Vi -- V
31 Vs 4- J
1 24 i- 14
'21 . ;.
49?4 4 '?
119
714- 3
1934 4- Va
6 8 14 4- 29
99 H 4-
3734- !
7434- ' y
30 4-
124- y
103 - U
28 1, 4- V
05 Vi- 2'i
F4 34- 14
10914 .
7612 - W?
50 ? -: 1 Vi
10114- !
92
1 H - V4
112 4- Vt
23(4- t4
31
88 4 1
1274 4- 1
41 ii 4- y
EBJi - )
3214- 'A
5214 4-'iK2
61 Vi - V
93 14 '- ' '
63 li- !i
4?4 ..
9
11414- U
14?i4- vi
1254- '
1 44 - V
43?4 - V
9H :- u
31 34 I ?i
1714- '
7?4 ..
81
55 - li
9?,4- !4
1 43 'j -- 14
75
J414-;- ?
-0?'8 ?5
J35 4
45 li ?i
e3i, '- li
7014 -5- ' ?4
102'i-t- ?,
21i ..
394
414 ..
9?4
2214- V
35 M, - !,
7914- 14
8214- 14
32!jt ti
82 Vi ..
28 U ?4
?5 !- 1
65 14 .
75Vi- 2
1 03 ?i -2
94
9 -
7114- 114
84
121 H4
60 ', -
214 4-
112 -;-
" 94 4
1214 13134-:-
493 -73
14 4
25 ? -1
4 ', -40
-3134
:
7134 --314
!
.8594-
f 4 ?', 4
5514 -23
, 4
8 87 Vi
1 1 H r
ie',i :
1514 -
11-J 1
1'4
'i
V4 I
'4
i',
U
7i
ti
14
4
114
!0?i -It
'i :
-6
107
204
9014 :
18 -46
Te -U3
-
181 -133;
-
82 -41
li .
97
10U a
5!j
34 14 -83!2
-251?
.
13 94
tO 1, -.0?,
'
26 ;
13
7!4-
1 !i
84 14
70(4 :
5 94 -
-5(4
4
10715 4-
104
-4 94 i
1 ':
1
i
14
1'i
94
? I
1 '
13
; .1 1 ;
"J3
11-.
1MJ
49 '4
14
G7
"I.
7214
14(4
Oli
H
.'0),
:i7ii
103f3
i'i
. t
1
1
M4
19 -
31
J4", -?',
90J., I
115
11'j '
se ) :
14J4 !
67 -
53(4- 'i
72 '4 -I 134
1415 .
451,
1 '
:oji :eji
r.iH '
109),
19
i, -
M -
14
!i
!i
Pls ln$ RTO01C Hlcli
100 G Kelfiey Wheel 105
1200 .. Jfclly-SprliiBfleld . 4yi
3400 a Kennecett CepjiT. . , 37 (-4
1500 .. ICovsteno T & P..... 0'z
200 ,, J,ackawanna Steel . "6?4
200 .. Lake Erie & West.. 34
1700 31, Lehigh Valley t'4'i
10J 12 I.lKnelt & JIyerH...?l5'4
Liggett i .Myers piiie-M
4 Lima locomotive .. 58 94
. . Loews Inc . .
1 Left Candy. . ,
.. Slack Truck ,
7 Mackay Ce. . .
.. Macy & Ce..
'1 I
?i
100
100
1300
100
103
300
600
1200
700
100
1800
105
100
100
200
1700
100
200
101
200
300
100
100
300
20',
. 1 ' !4
. L6 54
..114
. G2
. 1934
. . Magma Copper
.. Jialii-isen Ce ;'
. . Mnmttt Sugar ! 0
.. Manhat JSlcv ctfn... 4214
3 Manhat Shirt 45
.. Market St Hwy.... 8 '4
C MVr Kl llvvy pr pt . 67 34
.. Mar St llvvy 2d pf . 2214
4 M viand Oil 20 ?
.. Mnrlln Rockwell ..12
.. Max Meters Class A 46 3,4
.. Max Meters Class U 15
1 Mclnlyre Mining .. 18'i
12 Mex Petroleum ...?0
2 Mex Seaboard 16',
2 Mex Seaboard OP ct 15 '4
2 Miami Copper 27 'i
1700 1,20 Middle States Cerp. 113J
'900 .. Mldvale Steel ?8'e
400 .. Me Kan & Te (wl) 1514
'00 ,. Me Kan & T (wl) pf 30
100 .. Missouri Pacific .. 10U.
200 .. Missouri Pac'flc pf., 4214
100 3 Mentana Power . . 07 i
7000 ., Montgomery Ward. 22'i
3100 Mether Ledn Mining 11(4
300 .. de cash sales 1134
100 7 Nat Blcult wl 374
600 .. .Nat Cleak & Suit... 65
.000 .. Xnt Cen & Cable... ' Vi
200 8 National Lead 124?4
S22 Nev Cen Copper. . . 15
'900 c N' Y Central "-'3H
300 C .V Y C St Leuis . 8215
100 C X Y C St L 2d pf 86
300 ,. xv All Brake 27
'00 4 x y Alt- Brake A... 48'i
200 2Vi New Yek Decl. . Z5',j
-00 C New Yeik !V.ck pf. 50
'"00 ,. Xew Yerk X II & II 22
000 7 Norfolk & Westcrn112',4
100 4 Xer & West pr 79
100 c North American ... 94
100- g Xerth Amer pt 45
200 6 Xerth Pacllc 75 ?4
4300 .. Okla Pred & Ref... ?
200 .. Orphriim Circuit .. 1814
'00 8 Ot s Elevator 145
200 . . oils Steel 9
600 .. Paollie novel Cerp. 54
400 6 I'ac Gas & Elec... T6?a
2401 3 p;,PP(, oil '5
21700 8 Pan Anvr Petrel... f3M
15300 p.tn .n,er p, "8"2
200 .. TVtiliandle fVi
1030 .. ivrrMi a Bingham. 12't
200 3 JVnnsvivnnlri R R. . 4e4
630 C P.eplesGas Chicago. 414
300 .. Pctin Seaboard Steel 3(i
1600 .. Pere Maniuette ... 36 ?4
200 r. Prre Man prt 8
7300 2 Phillips Pet 42
100 ., Plerce-Arrevv Moter 11?,
100 .. PPrce-ArrowMetpf. 279a
100 .. pittH Ceal 5814
300 .. I'lerce Oil ......... 4 '-5
100 .. Plerce Oil pf 3934
2100 4 Plggly Wlggly Stere t9
100 .. puts & W Va 33 34
300 l"j Pend Creek Ceal... 5 3 34
200 fi Pestum Cereal KO'
1500 .. preduceis tc Ref... '3 V2
100 S Pub Str of N J.... Q3
2001 8 IMi'lman Ce 131
100 .. punta Allegre Sugar 4b '4
100 2 pur- Oil 27 "4
100 8 Rallvvav Steel Spe..114
200 .. Ray Cen Cooper... 13,
9800 4 Readlnn
100 2 Reading' 1st pf....
1900 .. Replog'e Steel ...
2000 .. Repub Iren & Steel
800 .. Reynolds Springs..
?C0 .1 Reynolds Toe B...
a 1350 4.13 Rny.nl Dutch N Y
80 li
52
25?4
'814
30 li
48 34
5134
194
100 .. St Leu's San Fran
200 .. St Leu's reuthwest 299',
1500 0 Si L Seirhwest pf. . 57
100 .. s,.;,li All Ll:i Pt... 8'i
5400 .. Sears-Roebuck .... s5
t00 7 Seais-P.eebuck pf ..107
1700 . Setiec i Copper .... 8 '4
1400iCS4 Shell Transport . . 37 .
24uu 2 Sinclair uonsei ... ji ',
. Shelly Oil 9 '4
0 Southern Pacific .. E63.4
. Southern Rail 24
C Southern Rail pf . . . 64 ?j
. Splcer Mfif 19'i
4 Standard OH of Call 15?,
7 Stand OH of X .1 nftlfiVi
. Stand Oil of X J wl. 40
3 Mi l HUM PiudiietB . . el
5 St in Hi os pf 1C9
4 Ste villi Winner spd co
GOO
2700
400
400
200
100
300
700
800
200
300
1400
15100
300
900
300
300
3200
800
1300
100
4100
8100
100
100
100
600
300
101
305
100
200
100
4200
100
100
400
'4 ' 800
'i ; 200
'a ; 600
100
400
ti I 50100
100
1300
300
I
I
1
1 I
a 1
'j I
6300
200
ion
1C0
300
700
700
300
200
100
300
100
600
300
2500
200
1700
1000
200
200
3 JO
5 Sti' mlieii'Cnib. . . . C9'4
10 St.liiebal.er U-334
. . Suli Ite.it Cerp . . 7 '4
.. Supcilei Oil "i
. . Superior Steel . ... 30
., Teim t'ep & Chem . 'Mi
3 Texas Ce 47 ?4
C Texas Gulf Sulphur 58
1 Tex & Puc r a e.. 21 li
3 Tlmken Rell Br ... 33
,. Tobacco pieducts . 6'5
7 Tobacco Pred A . . . . P4 14
.. Transcontinental Oil 1194
2 Transtie Wins Steel 33 ?4
C Union Hac A: Paper 67
.. Union Oil 1814
10 L'nten Paeitlc ....W,
4 I'nl.m Pacini' nr "4!5
7 I'nlen Tank c.n- . .130
. . Called te ug . . 7"
8 United I'i ult ..157
. , I'm. R'v v In st pf ?i".
2 United Hi tail Stores 71 3;
.. U S l"e ul Pieducts 5' 4
. . I S Eniuvss ... 6?4
..US Ind Alcol.e 67
G U S Realty i- Imp . 85 H
. . US Heal'y & Imp rta. U
.. U.S. Rubber. . ..5294
8 U S Rubber 1st pf. . ,J7
..US Smelt & Ret... 9'i
5 U S Steel 107 i
7 U S Steel pf '21 ti
2 Utah Copper .. . f3'5
.. l't.ih Stciirltns .. 10
, . Vanadium C 'i
. . Va-Car Clienilcal .
. . Va-Car Ch- n pf
.. Vlvatideu Ine
. . Wabash
.. Wabash pf A
1 Vviber .t HiuliiKi.
G WilLs Kaige l.p
.. Western Mai land
. W. stt-rii Pacttlc .
4 Westlnpheusi) A B.1C4';
4 Westing E & M ... ft',
2 Whlte Eagle Oil 321,
4 Whlte Moter 50 1,
,. Wbltu Oil Cerp 4(4
. , Wickwlre HP' nc Stl 1 1 94
.. Willys Ovciland ... 7
.. Wlllva Overlnnd iif 43
G,
;'4'2
tO',
I4 3u
9 '
?i h
I ? '
B0'
II 8
15',
Lx-dMitoiule
Wilsen ,v, e
Wl.-cell'-l'i ' '
Wuolwei I i 1'
t'.i'
vv
:8
. 1 )7 ' i
I ew
103
34
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7fi34
3394
63 94
215 'A
11694
C8 9,
1994
11 14
6 34
113
6114
2fl Vi
24 li
50
4094
45
81i
67 94
2? 14
2014
12
46(i
15
1814
240
tC'i
15 '4
27 '4
11 9,
20 54
151,
3914
1 6 14
42 !4
67 5b
21
11'i
11 V
37 94
64 'i
Hi
124 34
. 1494
9314
81
86
27
48 !i
233
50
21 (i
11214
79
94
45
75 94
1?i
1894
145
9
54
85 94
5
I 0ri
76 3,
4 '4
11
4P94
94
36
C8
iO
I1?i
27 94
50 'A
4'.
3934"
48 '4
?33J
.3'n
1 C 9 ' j
234
93
128
43'4
27 94
114
1334
781,
52
24 34
'$Vt
Zi
48H
61 'i
21 94
?r'34
6
B'i
3'i
107
7 'a
36
31 (5
914
86'
24
64'i
1914
115?,
116'i
39U
59 94
IO894
60
t.7: 2
1J2
7S
'4
293,
9'a
47?i
"'j
i 0 ;.
33
53 94
82?,
l"i
33 94
67
18
137 54
7415
129V5
79
156 Ji
26
70
5'4
CJ
6694
85
'4
52
9
38 Ii
rC5Ii
121 li
62 (4
16
34 t8
--415
10'b
I43
9
24 1,
1234
88
11 'j
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104
b9',
32
50',
4
1H4
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Vi
1 :0H Net
P M. Ctma
103 ! 1
.MB. -
' J-)a -37
'
10V4 -76
94 4
34
63 94 - y
21 5 V 4 4V4
11694- Vi
E8 94 - 9i
20 - ti
1 1 Vi -S6M4
114 ;
61 li
;9t4 :
TRADING IN LOCAL !
STOCKS LISTLESS
fi I Most of Operations Consisted
V, ; of Familiar Shaving
of Fractions
'2
li
1!i
Speculative inteiest In th'' l"enl
innrket cen'iiiued nt nil extremely low
ebb. The list was virtual! without 11
te -
42 4
45' 8 Vi
07 94 -'
-4694
-15
I
lBVi
240 -16'i
1515 .
27 Vi r
1194
28 94
15'i
4214 4
07 94
22V4 4- 1
1 1 94 4- Ja
11 94
37 94-
65 4- '
1 li
12494-4- 54
1494 4- 14
9394 5 94
81 - 1 94
86-3
tettled trend 11 ml price movement, m
a result, was ipiile mixed liuh nlt'igellici ji
'i
H
94
2'4
'.'.
1;
54
27 -
40 14 4
'4
14
194
ti
H
50 -
2' ti -
11214
79 f 2
94 - (4
45
7594- ti
Hi ..
1894- Vi
145 4-194
9
Meaningless. With few exceptions n
was met civ 11 case nf f ruction "having,
which in 1 11111. cinricd mi ether sig
lllfieiiliee e etil liT cinplia'-l.e the pie-
neuiiced ii'irroivness iif tlm curieiil
trading. !
The consldcinlile idiurniti'j of stock 1
prices in tlie New Yerk nuirket did'
net help imitteis nti . 011 the centrarv .. ,
serve te accentuate the cautious splri
nlrendv prevailing, and iiilluenee t lie '
ilefeiring of (oiitejnplntcd vetiluics unti'
matters generally !i"sutneir a mine 1
trnmi'ill stnse.
In most pints of tlie I ;st the market , '
leinalned thin. llliiMtrntiriiis of v hicli I
was te lie found in the wide variation ' !
I of I'lintniiens of some of the less active
shares. Anierican iiiis en limited euer- 1
inss ielded I - points. At the sauie
lime Cambria Iren was marked up
nearly n point from the previous sale.
Odd let sales of KWenlehr caused 11
drop of n point, t'nited Companies of I
New Jersey also surrenueicd 11 ' jmnir 1
en nominal sales. Mlnehill. en tlie
ntlier hand, was advanced ij jielnt.
Action of the usual active shares was
disappointing. I'. '!. I. continued te
meet light profit-taking sales, -tickling
le SI1-.. iVniis.vlvnniii It.il'nind wns
still handle.! pp'sl bv dribbling lliuida lliuida
lien of speculative holdings. I. H. T.
eased off te 'i(Ty. Electric Slel.ige lt.lt-
tery, vvitli the ipiarterlv dividend of i'i
mil an extra 7." cents off, was steady at i
.i.r'i. I he I'liiladelphiii Electric slinres
(entinued te lield finn.
Philadelphia Stocks
On January 1, 1923
And Until Further Netice'
Interest Will "Be Allowed en
Savings Fund Accounts
(net Subject te Check)
4&
I Vi
I:
'J
'5
in
86 34
44 94-
13'4 :
78 li
4 '4 -
1 1 Vi '-4-i?8
94
31i
36 -8
-41
ti -11
'a -274
-58
'i
415
3994 -403J
-33;-234
-
lOO'. -23,
-93
:
131 J
48'4 I
27H
114 -1334
79?i 4
52 4
2514 4
40 4-
25 li - I
48 94 ?-
M 1. 11
21 3;
?934 t.
tG -8-5-IMI4-4-
1
NORTHWESTERN
Trust Company
"Ridge and Columbia Aves.
Capital $150,000.00 Surplus $725,000.00
We have en deposit ever $7,750,000.00
WILLIAM FREIHOFER
President
!
fSnimrS (V Br? 1!' '? i '"Vl'.'J -
T -"-n-mm rr. CIl 1 Ia . ,. 7 'laA. ...- ? et.
IW Hf 'fi L'-iyJJi!ii&
:i k cf ididk T . "sa JMSilw
:i 1 sm
a I
hiki te . if . . hue j
;Ainli'i'... i'i " 7s'i l:,t
.Mil Am Itiv.vs. Etij :;is El' ,-f 1 , .
.'.". Am Sti..l"i' . 1".' . I.V1I..4- 1.. I
till Comb Iren II
(" 1 :!(l(i;C.M ;1 Stl'
II
II
-l.
ir"-'
r.i4
1;
3i
1 '-4
2 '4
'.
'u
1
1.4
I'll
I.". '',
r.l-i.-f 'a
77 1
-
KJ..'a1 I,
.i-v.
!1 .".1s..
17", -I-'',- ',
1(17 :ki7s i
1 .
.".l's
tiret
KlllfChile Cep J'v-s -,, 'J's'U-r
I'JI KIce Ster. .".':, ."."a, ."."i",
ltmiuii .ltr
Car I'tl
JO In Ce X A 4J .
J'J Leh Xnv.. 7.-i
LTitMidvalc. js7s
SO .Mlnehill.. .VJ..
I." O RisenlV 77
10 Ilelin Cent
Light pf. ,"i7
1S.-; IVnim It It -Itii..
.-.'j- Phila nice ::-u
H5 1 de prf.. .".I'i
1110 Phil In W 17:',
ICO Phlln It T ::()7S
S CCes X.l.lil'.lL. I!l!l'.. l'.i!)l .
i"i v J 1 .-i.-is .in.. ni. i,
100 de pref. . nti r,ti no ..
lOft'S Steel. 1IM5'.. Hllil.. 101!'.'. "
100 Yerk it pf an .'in" .'in " u.
Hx itlvldeml P.lee Plnr SI.7."
tNet chnnKe mnje hv cnTipirlsnn with last
nle en New Yerk .stock Ktchanue
I'HII.VIIKI.I'IIIA IIOMIM
1000 Liberty I'd n,s 4J It's. 110
0000 Liberty 2d 4 '. s ' VJ. fi'5.14
.".Oil Klec & Peeples Tr 4s.. 70
1000 I.ch I gli Vallev Ceal ."is... 100
L'OOH Phlln Klectric 1st 4s s.1
12000 Phlln Klectric 1st ."is. lets Jl'.ii..
100 Phil i Klietr'e nt.'js Illl
12(100 Phila Electric .-.... lets 101it
('.000 Plilli Elis'tric (Is lets liil",
KM) Phlln Klectric lis 10V.,
i juuu Heading general -is ,v
FOREIGN EXCHANGE
New Yerk, Dec. 15. At the opening
of tlie market for foreign exchange to
day the general expectation aroused of
Impending prnrtlenl "international ef
forts te improve tlie foreign situntien
594 i i. ' ctused an advance of 10 points in
234 linnes, ,i'j in itelglaiis, -i in lire, ;i in
H ; Swiss nnd 2 in pesetas, Danish nnd
1 3 j I utcli. Murks, nt a new high en tui
'4 movement. Old!!, show ;m average nf Is
l points for I lie wt el .
Sterling enhles weie I.li."i. demand
l.fil"'s 1 fr.incs cables 7,.'tl'i. checks
r :iO"i ; Piclgiiin cables l!,72. checks
lile cables .i.tHi-.j, checks
Swiss cables 10.nl. checks
peseta cables 1.1.71, cheeks
Danish cables 20 02, checks
20.S7 j Norway cables lll.Ofi, checks
lH.411 ; Sw.slisli caliles 2il IM, checks
20. SO; guilder cables lu.12, checks
40.07 : marks 01 IP,.
The iate 'if premium m Montreal to
day en New Yeik funds was n-RJ per
74 i cent. the n.te of discount in New
Yerk en Cnuailiai fuicls was ."-HI jhm
j," icmt.
- ' Central '"urepean ee!innge intes
. , wcje irregiiku sng'ii advances show im-
4 , in Itulmiriai' lulls, ni.il,. i. n.t nf il.(
t i nsi uus Miri i. 1,'i.i'iniiniis ; Muigaria.
..: Rumania. 1 : crinn, 1.20
Crocks, 1.21: Cechii-Slevakia, .t.O'.l ,
.luge-Slavlii. .."0: P.iland. .tienl; I'in
mniks, 2.n."i, Ausrna, .0014."; Hun
gary. .000 P's.
YKSTEMiAVS I "ra "Jt'OTATICi-NH
Si Ini; 1'r.inc I,l- Oulelern
Iiennml 'MS. 7 Is r, fl xn n7
"allies 4 H3' 7 10 .. i" tu -in .
'lOIl.VV- uPllVNil iJfuT VTtONS
.sii.r i 1'nii 1,1 e ilui.ilr
DflVAIHl I'll , . .im .-.en In II?
HI , i "li i 4" l.'
wWS&Ltm
nw ri riww v r- rkB w w wm ww
IielIi.DolIlnes Companies
RESOURCES $17,412,426.90
Ter the past nine ears we have been serving investor.
Ne customer haa ever lest a dollar of principal or interest
en any security purchased from us or recommended by us.
72,791 owners of securities purchased from us will verify
our statements.
If every one who sells securities or gives advice as te
their purchase could make this statement, there would net
he any complaints as te money losses.
Nearly as many people have lest money by peer advic
fiem these supposed te knew, as hove lest by fraud.
When you can receive advice from a house with a 100""
record of accomplishment during the worst period of busi
ness in the world's history, what is the use of taking
chances?
The R. L. Dollings Company of Penna.
1421 Walnut Street
Philadelphia
11 1-11 .1 I I I . xl
SSBli!!! ladelphia Em
107
0!i i
:j6'a f
31 'i-
9'4
86 94 4-
24
C4!i
19V4
1 15 '',
1 1 R '4 -
j'j'i
109
60 !
s-8-;, '
i;j"i -
7'i
41 .
30 " ;
y'i -
47 94 -57
'? -21
',4 -33
56 li J-
Securities and Income
We take charge of securities and collect
income for persons desiring te be relieved
of such details.
34
? 111. 711'.
I 5. I -
- -. Illl
i i).iS:
i-i '"72:
94
84 1, '- 114
" 54
33 34
i
67 - 1
10 -1374
-
74 1;
130 ' ; 2
79 :
156'i
26
71 34
5'4
03; .
63'i
85
m
ST.
S Ce
1810
FOURTH & CHESTNUT STREETS
New Yerk PHILADELPHIA Uosten
BROWN SHIPLEY & COMPANY. Linden
linanm
'I J1.LJ .iLIWLlWU ' iJU'UHLf U UW-flUH JUIMrj ncVSZTAfi L'.!,y
I'
u
1V4
i'a
52 9i
97
39 li f 1
1 07 14 1 Js
11 ' j -63
14 I
16
30 '4 r
."4',
i0'a
14 3,
9
24'
1-34 -88
-11'i
15', -!
104 J j -
59',
32 -
50 (4 -
4
1 1 94 4-
6 34
"jii-.
37 1 4 '
28
1 J'i '
v'uuli'a
1 iH"
4 ii-
ll. S. Certificates and Treasury Notes
ic
iiii
"1
Mniur
I Ml
-Mr 1
'i,4 -1 1 1 II
"I I kl I
.VV. ,T,.,
:.i, SHrt
M" M.ir
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l' Sept
is
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1 .. 1 li
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t" '.'I .1.' leu 1.1-111 4 41",
:'i 1 in i'i . 11.
-ijM'inni ir 1 11 1 r ,, 1 .,-ini 11 "rn ii
tA ceiitiilile tr, t , ill. Ml i- Milium I ,x
Hlfj.e!i dale '' 11 1 irm '
1 1. I
ri.'l
ri.l
in!.
lu' ."1
llijil
ll'.'i,
Prices Firm
Uliet' il I' j .
i ""i in 1, I
Reserve Banks' Discount Rates
Offli'liil reillainiinl rutnH at tlm tivelve
I'eilvral Heaurvn Hanks au im follevva
rt-iiw. .1.111, i.-um! Ilkm
lunula Ilium Accept.
4
4
l'4
i
llnslen
New Yerk .
I'lillmlell'lil.i. .
I'leviilniKl
ItliliinniiU
Alliintii i.
riiuiiRit
r: l.eula
Mill lie Hill
K iiikiih 1 it
HdllH
ji' I iniii lii u
C'tH.
4
4
4',
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pi
1
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4
4',
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4 l
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'''
I!
LIVESTOCK QUOTATIONS
ImlfeiH weal., llsiu '. ' '' ,l ' ". , ".' ' f X' ',.. .,
i,reViia",i5 wi?".""'.' .- v. ri4eivf;ru r:, '..'
Alniilt
'."." I-. Mill henrl
1. mnit ie-c.1 ".',';. v.,,1 imht lUhm
iir.uiT. nriit un 1. sin :-":.. ...,,. .... ...
' .- .. ". l.ll'II ... U III
I .. .-. k Q.i ihfi i.i.himI.
is I 1 II", - ,....,...'
II. Ulll'.l'll
liutclu'rtt slni
lh'1 iwunil llH'nim;
iii.it '.s r.O- st id' . Iimlm. sir. lie; liitflifi
.l. i:4 llei Kill, Jllll 1, Mil SI..I.
p. stL'.r.e
DIVIDENDS DECLARED
Treasury Notes Over-Subscribed
VI 1
1. 1I1
mi 1 1
Mm li
I' 1 I ' l T.lll. II 1 f III I.I h n. . ,,.,,,
, "i 'i'a mm iiul 1', 1. , K, m ,
I I 111 , Ulllil tin, ,l.r .(,, ,
id It'1' 1 nii'ft 'jn
1 n' ii '".ii i" 11 i iiiiiin). 1111., ijtiat
-.. .1 . . .. . , ., I'ln j' 111 i 1 ii i.,, 111111 ,-. inr infit 11
tiimniiiBiiin, ji.'f 1.1 iivea-HiiiiMiiiuiiiii 1 ,, f rl,,i 1 , m u Miv.iltie l,imi.,. 1-
. ......i. r 1.. i.i-.i ii... i,.i... .,,, ... .
1 It "'
f
iiiiieiinccil cnmtilneil iilturln;
People's Gas Increases Dividend
41 anil u. IH.Si.1i s .-.. i!- ,?' ,u;?,, L s '-,
4, I: hiKiier, imih "' V, ' is'ls ii uu'kei
4-3 5ln a."., under, ",'"'i lOfll S I
IJ I "stHir1'p",,itH.:. J.mS ... Nnnil.ii.il
I1 j nllllr niM 'iii - hni"f I null
I n 7ri, la'OVl'v SI ' " ,
'
I f ll..ir.il.i N. .. I 1C lTi -
lATTl.!.
. . i. if 'i 1.. . a-.iaiti iKii. i'iei -
I lilr.lKU. I'" 1... 11111 i-nnppi'H li.l.H l.ltfl t I,.:,, , , jsn .,l 1 ..iillllini -m aiven
ml I'.ike ('uiuiiaav Iiiih ileilareil h nuiirmrlv , , ,1 i i"u(l Liu ' ''ve r.Oi lntOier
lei'Uii'l yf l'j iir 1 em, pajalili' .laiiuurj V-.Vf " -'11
17 111 Hlin.lv i'i ri'iuiii itiiiiiiiry a I'l'.vliilli lliitw llii-ili'i" liie'ii liiiiu. in ' m -.n'
iiuirmrly illtiliiii-nuii-iii wuh I' rcr icnt ,!.., n"n s '" '''', Js .',0'.i s no
iilvhl'Mids IiiivIiik Ijei 11 icau'iird at tlilu iate .iirKurs u il,v(i v ",l I'sht vuiI.eiH and iiIkm
l lemK'r' "'1 VhUpiVa n.T EuihS"- lt'elA.ne neon
Mutual Trust Increases Dividend usSf'Vtiiftwv,,
. I 11' it '..
'Hie Mut11.1l Trunt C'nnipimv Imi ilis'lanil """"i ' (. pi''' - 1
m ml .ilinil.ll illv ili'iul iif ! nP rrnl n.i. .. . .
hIiIh Jnuuiirv- I.", lii "took nf leeeril Ilntin. flltsliiirch, I'n,, I1"'. I''- ,I"',S-,"";V
. r an. mi" ul' I'"'!' ini- in 1 iwi (ant mpts, 7,11111 nenu. 1 m . uem -. ?;"
.,r ine iir..i 1 hih -run iiiiiimi iiiie imci, ri s ri 1 riv .r-r s ... ., ... usm
VI. 11 ill 1 Inr ilsn 1 r mil 'iiO.IIUO ili.ui a, ml nci i , 1 n s s ,
undivided prellta tu the aurplua account, bltUlU' ..M) '..UU'S li-e i'u we lwU.
nf Hie ri'v utlv
nf 'I'ieiv"iir iiii' i'm anil lertltlcuti'i v.ai an
uur.,1 ...! ... ,u ,1... l'l nt. e nr.' I.. . 1.. .11..
I.UI.H VVUl.I l .11' lixinqij liil 1(1 I...
I........ e Illl.il. .I..II ...I I I 111
"HIWIIIITII HI II HIIIIII'II Ili'IlKII. III ll'll''llll ' . . ,
Hull uf 1elii.- .ivt"" i.ili. ii'Utlnli ill mi-'1"1 -UlllnK
e ilMlcites of llllleliUilnnUH anil imi- i li t.i
I .In iiitn.-i'tii iu)iii"iitn. Tremury nlTlilalH
.i tlinUKli Mi.liiMii ilili.llFil liifni'iiiallnti n m
li.. iinuuiiit milisi-i 'In il lu the iuiiph niul twe
linn uf ierlilli.il iimlm I Hint tin fiill M.I
iiilltlt nlli'ii'll I. I 1 i'i'.i mlita i ) t.et iiii ksi ul
III IV "rfK.lllO.lii lU'1-lllllHl llllll , Ul,
111 ill .1 'Ihi'i 1' liu'i .lis iisii'i ini i' M.i i
nii'il mi Impi-eve 'in lii B"in'i,ii busini-HK
llllll nil ii.i-.a. . III'IM us nt uu, nut tlie n in,
i y.
ii i run ' nun in it inn.it.i,, laiHurs N
i, hin.lv if in nril lie. nii'er '.'U ami pr
ei ml Is . mli'r 1!U in iiul; of ifieul n
. til i r ir.
. I'I n..rs-l,iklv i-iimiiii.v ni. i
.'1 ITili'llnl IMHlhle IVIii,tr 1 t i
i .1 J ilniiua. I.-,
BANK CLEARINGS
1 'en i r.J unii -n
Weel Market Quiet:
Iteslnn. Pe.. i,-. up '
II. I I'tiliiirieiv i n . i
I llitu l li i
i .'. ir I ve Hi- .
i- Ivl . Ii I'I i .. I i .
j ' I. I I'.ts Jn i ii . ,- t
I '. i. Inii'iiiN h f
' In' f.v III i li. f i. - ii
! l lie i n ul ., I
I i.i eilti unit !,i i s i i
i HUM Ul. i nil I I I M I
-n'ln nf tin. ii. i i
a 1 .tin s '
Prices Steady en Paris Bourse
I'urls, Dec ),-, I', ., ,, . e ! ,,n ,(,
11.ni. ti te.lu , i. , , . ..
.'ifl R.V, ixfluilis-. I . ij " il.l f. -1- !
.j i i flit In ii -1 .- I I., ,l
nnuti J at I Ifi ; ,
December li, 1922
MESSRS. R. MONTGOMERY HAINES
WILLIAM H. HAINES. Jr.
JOHN J. COLLIER
PRICE McQUILLEN
ANNOUNCE THAT THEY HAVE FORMED A
GENERAL PARTNERSHIP T(3 ENGAGE IN
BUSINESS AS INVESTMENT BANKERS
UNDER THE FIRM NAME OF
Haines. Cellier & IUBcQuillen
428 LAND TITLE OUILDING
Tnlephene-SPnuce 6e3
,. tiiilin
n I ..i i. ,
I'i..'
ni ' ' "i illi
Mi'.'l
li'in linn
Moderate Activity In Raw Sugar
New nt- I)c l.'i Tliit raw hubiii- inui
l."l I.i me. lern leh mtlvn ami nieaiiy, v,,u
I'lilns fur liciiiii'r ililpmcnt 1 1 u i ) I e . 1 nt
ii4e. intn. iiiui irimni. ami or jiiiiunrv
MONEY-LENDING RATES
I'liii.vnr.i.i'iii.v - '.ii
.'. p. i it miii"ii I il phi
I. llllll' fi I' i '' it.
PvM cell. . i p
in 11 in tm
Liverpool Cotten
till riM'iil. Iiiv Ifi Spot rntiiin
ELOPERS 'FESS UP
, Glenolden Teacher a nti Dirby f.lan
i Issue Formal Anne.ir.cement
Misj, lipnivi ,ie I nlil.ii . ii (,li n
"Iiii II. II I .11 ' r ill the I I. il .1 yi
' -'i linnl. mill ill via, I "iri'er .,'
''nl'V elereil In .New "lull. I.isi ,,,v
-I ninl were iniinieil in il" m',
Iiiii li Aii'iiiul ilie l ,ii hi i ,' ,i lt h, ;
il Hie full pie leiiriieil lu. iin veu i,
LOUIS T. KLAUDER
CONSULTING ENGINEER
PENNSYLVANIA DUIlv3ING, I'HILAOCLPH
FOWER &. INDUSTRIAL PLANTb
or sign
CONSTRUCTION
.iiiviiiitii ui .i i... .. ..j . ii-, ii,,i ini,, rieiKli. imlii 'Ill Iiii il. ilimmi iiii i.liin,; v '- HUH Illl lollllee in ni WMs in. ne
KilPH liiclu.1i.il mill l;.m I'lllms. In iwrt. iit,u''ln n I u 1 t "il.t 'I Im .xnl. s . 'leim The eeiiu'i. lent tl, u...i,h.i. .,., , ,
I lil-Jile i eat ami fr.'IKlit. ami l:T.ii Ihikn I il.-s I ,. i.-iiih ,... s.ihie Ul I,. Ir i .-. Vi ' vv.-nln,' s,M i ,
ii, iiuii,J Cniiintiin Arrli iiiv, ,f " . '""-'" . "" u"" ",' "" '' ,,'" i"B .spot pi e, iiiiiieu ner mines ns ,.,u' ier . Ini:
iMsineira'".'!.: tf,b;r,vft";Kr.,nrM 'IMi , ',". '' " m.I.
v.iuili-iii sutf.i i(.'ilniiiK 'illinium urn i ii ii, ,,i , ni,, 1 1. tiii V.',,,', , fiolie.v nieiili tu Oithh Tin mill nre new
l.uj mi Dem.nnu" te AibuUI. ilicill.gr.. ulu..,v 1.1 IIU, und u.ilu7, 13.41U ' reuidlllg ill Olcnuldt'll
StOcltWell rCERTiFlF.D PUBLIC
Wilsen & ACCOUNTANTS
Linvill
i-l-ls ,,. I
REPOHI
i
Land Title Bld( Phila.
C. b. 1-AliON & CO.
41. iv I Ill.slN! .n
BANKhKS
! Sim irimi. h In
I Sill I 11 .1 Wll'I'ltVunu
, lln.iili, nil mnrLa liuiiiilit unj nu
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