JjVtvMi j- "fi '
1
-if
22
EVENING PUBLIC LEDGER PHILADELPHIA; MONDAY. DECEMBER 18, 1922
sr -,!
SWv "H 111 I
I Seme Time
you will want te
open an account in
a location where
you will net have
te travel ever halt"
the city te reach
the Bank. We arc
se centrally situ
ated that you prob
ably fret in our
neighborhood once
a day, and we sug
gest that you step
in te see us regard
ing the matter.
Wc Arc in the Center of Things
Third
National Bank
Opposite Hread Street Station
Organized 1863
1
.
ih
h
Hillsborough County
(City of Tampa)
Flerida
Highway 5 Bends
Due July 1, 1929 te 1949
Exempt from all
Federal Income Taxes
Prices te yield 4.625
Circular upon request
Harris, Ferbes & Ce
Pine St., Cor. William
NEW YORK
PHILADELPHIA OFFICE
Widcncr Bldg.
Telephone Spruce 7040
...i
'ki
Br
Mi.
R
PENNSYLVANIA STATE
TAX FREE
SECURITIES
ft!
ii'f.
MARKET ST ELEVATED
PASSENGER RY.
FIRST 4s
MAY 1, 1955
1
PRICE. S3'
TO
.. AND INTEREST
NET 4 68.
Rft
n.
READING COMPANY
JERSEY CENTRAL
COLLATERAL 4s
APRIL 1, 195!
PRICE G8 AND INTEREST
TO NET 4.78,
NEW YORK, CHICAGO
i ST. LOUIS R. P.
FIRST 4j
OCTOBER 1, 1937
PRICE. 91 AND INTEREST
TO NET 4 84
rt.i '
REILLY, BROCK &
306 CHESTNUT ST.
PHILADELPHIA
CO.
B
A National Dank
4
l,it(i-(.-t
en
Sue hi (hi
Under Gov
e r n m u u t
supe rvisien
i n s u r e s
Strength and
Security.
jwmnmviUAA m Mnt 1
1 MtfimJ lUaM nH 4 Sin,,
ggPTTrJSnk,!L' 111"! t illK
National
Bank of Commerce
713 Chestnut St
(tfcui V.Nr!l.rrilSim
OFFERINGS WANTED
Commonwealth Pr., Kwy. & Lt. C c Script
Confe'eum Ce. 7'i, All lisuet
New Albmr Water Werki 5't, 1924
Penea. Liklin( Ce. S'i, 1940
SAMUELMcCREERY&CO.
Jriilbcxy Phila. Slee.' l.xcUangc
FrWlin Dank Building
7 fcprue IS70
UK,
E
Snles
500
100
100
500
100
3600
600
100
1100
200
500
2700
2000
1P0
100
100
100
500
700
1100
1600
4500
4800
300
500
100
2300
30
500
600
500
2200
400
300
100
900
500
100
12100
100
100
1300
300
100
200
200
19200
100
3600
300
300
1700
500
Coppers and Steel Led Early
Advance en Better Euro
pean Outlook
New Yerk, Dec. I5!. A premising
1...I, . ... ., -I. 1 t 1 .1. .!...
I nun movement which iicvriiiii-u umuih
the inerniiiK ninlrr tin leadership of the
cei pers iiikI hteel shares was nipped in
its liinl around nilddav en the announce.
, went- of the failure of a large Western
house hnviiti? n inembershin en (he stock
i . . . . . . . . . .
cei-hance, iAirge Nooks of leiv-prireii
'oil Mink were thrown en the lnaritet
laimediatelv following the announce
ment, winch were believed te he for the
iircniirir of the bankrupt firm. The
wl-ole lit reaefed m sympnthy and. in
consequence, n greater pact, and in
(nme eae all of tlie early improvement,
was canceled
, The iliaraiier of the opening market
ami the immediate xiibgcqucnt dealings
miegoteil the market cemmtitittv ivni
, taking a much mere optimistic view
of the foreign situation, which win un
doubtedly influenced by the growing im im
preiien that real rehabilitation plnns
for the future were in preecii of forma -
i tlen. Tins, in turn, wast induced by the
I apparent preparations at Washington
te offer a definite plan for European
relief
Quite n.ituraliv the increasing con-
i fldetiee of the Direpcnn tnncle being
i straightened out found direct reflection
in the steikx of these paitieulnr in-'
i dust riot hiili veukl sceminglv he the,
1 most lienelitcd bv the rehabilitaticiii
; plans. It is generally umictMeiui
I iiurepe i hare of cupper and i -ercl
'in need nf many pieducts of our steel
irills. Thej bnth have been badlv
iintcd, but I'urepe has net been in :i
I position te nav for them.
I'er that rcavci ccmstruetive fnrrj
concentrated energy in beili the steel
and copper share;.. The lnttcr hud an i
additional stimulus in rumors of new
'combinations, which, it was pictured.!
I would cempnre In s7e with the T'nitedl
100
4500
100
200
100
100
1400
5500
900
5600
500
100
100
500
3900
200
100
200
100
100
7900
1300
2000
100
100
600
200
103
100
100
2?00
7100
700
100
3900
200
100
11300
7200
1000
2900
2400
1300
200
100
4200
9600
8300
900
300
290
2700
9000
3300
5100
4000
1800
2600
100
300
100
200
100
'00
400
1000
100
1200
100
900
200 D
100
9 00
100
600
200
1600
100
3200
J00
?400
201
100
f.,00
6500
100
1200
3200
,-r.e
r01
1 000
14e0
I i.'.OI
401
200
50C1
re'j
40 j
'.-)
901
200
160
00
4100
.'O
400
100
200
)00
100
00
2000
4200
500
r00
700
4700
i 000
700
J 00
2100
10O
2400
800
100
'JIOO
7000
1 2300
States Steel Corporation und with the
Stand.li'il Oil units in the petroleum in
luMy. In ailditieii trade reports were
much mere encouraging, with prices
I better sustained than for some time.
Cerre de l'.isce led tlie copper group,
be. ng pushed up te n new high record
I for tlie year. Chine iiilwnii-cil eer a
leinr and large substantial gains were
recorded by Anaconda, llnv Consoli
dated, irnnb.i find Inspiration en
un'isimllv heavv transactions. 1'nlteU
s;t.ites Steel, however, was the real
leader, reaching IOSn, a new high for
I the i urrent movement. In tlie mean
I time the peels scored a big inning with
i a number of selected specialties, not net
ablv Wcstingheuse Air Hrake, which
w-.-is marked up ever ti peints: Unie-i
Tank ever 2: Kelsey Wiieel, V,: (itilf
I States Steel. Sonrs-Heebuck. Wool Weel
' worth and Il.ildwin at gains from '4
1 te I'.1 points
In the inidila.i sinking spoil net only
were the low priced oils offered freely
I hut the rails were 11K0 found te be
I surprisingly soft, which was also
1 attributed te liquidation for the account
'of the bankrupt brokers.
Commodity Markets
GRAIN MARKET
I Chicago, lc IS, With below -zero
I weather prevailing and with adequate
j snow protection lacking for much of the
'winter crop, whe.it jumped te new high
I price for the season today during the
i carlv dealings. I.ullish iews of thej
' foreign financial situatler. counted in I
taier of the bujing side, and offerings i
i were relatively small as umpareil with
demand in whhh a number of strong
( onitmssien hmtsi. tool.' thn Infill (In t
tin' bulge Iii price-. hewcuT. profit
, Liking snles brought about something
' of n reaction.
( The opening, uliirli varied from un-
' hanged figures te L'L-e higher, with
Mnv SI ':!', te Sl.'-'.'ln, and .Inly
.-UP, te M.l.VV vim followed by
in.-itct lul gain nil around. '
I 'uni, as well as wheal, tour-lied new I
top records for tne sea-en. Kural ei- :
fenngs of eni weie light and bug'' I
rin.-iN l.eie tmlm were said !e he
liietlv te till contracts After epenli g
urn li.mged te a4,. higher, Mny 71c te
7 1'ji . the i ern inail.et scored geed geii-
"I'.ll g'lllls'.
''.its went up with ether cerea: .
i u-iiiu- unchanged te 'c hig
Ht!Ts' in I7's. and Liter cent
ier, Mil
tinuing te
It ml).
Il.gller quetatii.i.s oil hogs helped ,e
ft the prevision maiket.
' ' f - .ii i ij- i i)in
I I'
t
Tl
TI'
' .1
' .'I
I'
71 (a
.Tl',
Tl',
I .''.'
I .')
i i 'al.15'
i:r.
l!.i
!
fl I.
COTTON MARKET
Vew Yerk. I '" 1N I'oilew :in-
"lil "t I.IWI'I oel. wlllcll Ul.s i'iii. nre
!i pail l' ineie ii.illisb illespects fm
l!rlih 'leth bilsiiii-s, the IipmiI iiitluii
iM.iil.e' i.neticil tl rm und 'J te I.". pe.nt
lugli'!' this morning. Tin re as veiy
' in ti . v commission he . prelit -inking
111 elldelli e. but this whs :,lis,ifbi'd II
i lie -l.n'l In support ti'ein foreign. W'.i'i
s. II IK 1 .New llrleails sem,,,
Iiiiiiiiiid si emed te iiiren-i' unci m
. pcnlng ami March -old h'iem- tlie '.'ij.
flit level.
I'iiate cables lep.irieil l.eavi- pie.
heinl.u ceiii'ing .n ii. i. i. erpoe' mar-
ki
imi
t"
Ih
t r
M .
Alieut eighticti imticfk
ilaiien this iii'in.iiig.
wen
1 M
i;
.ii' 1 -,
1 i.iii iti
.". 11 '
.11 mi
.0 cs
" 'i.
.1 -
NEW YORK
New nrli. Ii
COFFEE
'. Is T
pclll'il t,t
MARKET
e ninrket 1.
a de. line t
.tl..
n.iuii'4 1
noun
Tin n
.il ..11
.I mi ii,nl.iig uii the (all
were e,"n bags of (effee
HUta I leilav
I' ' s 1 1 f.
1
,n i.t a 1 '. 11.
1 in in
. 1 .
:.i
'1 I 1
.1 1 .1 ti
' I.IMI p.
. I". H s
!' 1
, .. 1, 11
ml..
HP 1
EXPORTS AT YEAR'S PEAK
November Total $90,000,000 Greater i
Than Same Menth of 1921
avliiimleii. I)(". I'. Aiiierunu e
pull-. Iii Neveinher rriic!ic, t h Inchest
puint nt I lie Ji'iir, ;n ' uriliiij; tu ellidul
i,i fi'seiiN tiade i-riitistii's innde pwblic
li.d.i' bi the l)epartni)iit of (Viinnierie,
kli.nMinr nn I'Nperi biisuinn totaling
$.'!. (M)0. Ill 10
'I'lii. Nmciiilici' IhIiiI i S1J, 0(10,000
I'li'fili'r ill in llm 'ii I lie of (litebrr ex
purls and SIIO.OOO.OOO jrenler tlnin the
i, line of iiiiiiinnditlfs hbippi'd iiIiiimi'I in
Nnwm'ier I.int Jenr.
brief Miitemeiit bv tlie ilepnrlinent
ili'iliii'i'il Ihnt the NeM'inber reliirim
hIhummI Hint Ami'i'icau n-;ri"iilfiire and
iiuliiKlr.v Bi'iirrniiy ueiiciltyj
iiu'renvlns expert biiiiu'4.
lanalihiu of the Imile, lipnaV-
been inailt! hy (heilepnrtpiJFn
frrtJii thn
DWalled
J haKnet
EXCHANG
FAILURE
CHECKED
RALLIES
NEW YORK STOCK EXCHANGE TRANSACTIONS
Only Afternoon Repert in Philadelphia Quoting Full Lilt
niv.
In $
HIS
r. m,
'14
Net
Chr.
STOCK ltlh
Advance Itumely .. 14Ji
AJax Hubber 12!'
Alaska Geld Mines. H
Alaska Juneau O M 1 !i
All American Cables 120
Allied Chetn & Dye 80 t
I,ew
14
12'i
H
1!i
120
80
44
9GW
30 H
59 U
39
40 Vz
73
184
IB
138
10i;
62)4
109H
28W
31 Ti
123 3;
50
116
7
1911
57?,
98 1;
37 S
74!j
28 ?i
124?i
153 Ji
151
51
94 J4
25
16
50H
64 Jj
88
Ui
1!4
1H
23
30T,
12G?i
112
41 J4
57 j
44
31
!i
51 '4
62
62 ,
4Ti
14T,
116
114
144'J
44Ji
94
32?;
IB
7a
81i
56 3;
9H
143
4
75U
33?;
701;
45 i
63 H
70H
102
2'i
3li
28Ji
56
4IJ
91,
21 z
32 s;
77,4
113
31 !2
8214
92 Ti
28 14
25 4
754
105
2';
72 i
16i;
38
118
59
n;
12
111
11
130S
51
71
26i;
13.
3914
31
72
23U
118
132
42",
154'i
84 ',
54'.,
22
83' j
117'4
10'.
14'i
I14
90 '-i
97' 1
51
105
213
93 j;
17
67
4fii t
00 .
'HI 1 ,
m ;;
'" 1
40'.,
55
5',
34
84
n
771,
i' 'j
' 3
79 t
'
57'j
14
14
14
V
1
1
1214-
1 14
120 -C0I4H-44
M
96 W
A -39
-4?.
I
73 -184
-
4 Allls-Chambcra
441,
7 Allls-Chalmern pf .
m Agrle Cbem..
m Agrlc Chcm pf
11 lleet Sugar. . .
Am Ue'cli Magneto
Am Can
12 Am car & Kdy. ..
. . Am Cotten Oil ....
"i Am lCxnress
. 96
. 32
, 60
, 41
. 43
. 74
,164
, IB
H
14
'
214
H4
14
1
J4
2
ili
1
li
!
14
H
18
138
10',
,138
.. Am lllile & Leather 10'4
..Am Hide & iAtath pf 65
7 Am Ice HOtJ
63-
109K
29(i
3ITi-h
12414
50J4
116 -7
1914 .
57i-l
98 U
37 S
125H
154 -
151 -
51
y'!4-
27 1-
16 -
50S 4-
64Ji-
08
1!i-
1n
1i-
23 -
30?, -
128 -t-
112 4
41 ?; -!-57
H
44 -31
-
14
51 U
62 -62
W -
4?i .
15 -i
116
114 -
1 44 1; -;-
441, .
9?; .
33
1 8 1,4 -
7H-
81 14 -1
56?i
914
I43(i 4
75 U r
3314 4.
64 !-70U-
102 -2!i
.
3 .
2814
56
414
91-i .
21 14 -
33?; -
77'4-
113 -31
!4-
82 J4 .
92T4
28U
27JJ
76 -1
05 1-4 -
2i
73 ?i v
16U
38 r
119 -
59 !4 -
1 4
12',;
1 1 1 14 -
11H-
132
si',; -
71 'i
26 j 4
14', -
40i; t
32'- -'
72
23 'j !
118 :
132
421, -153
84 J,
54J4 -
22
83 i -117U
-
1 0 14 -
1414 -
1 1 ',; 4
90 -.
97 j j -
52 '
105
214?, r
98 3;
17'2 67
46',
80',
181 2
11'a
I3,
40'j -'
96 '4
5U .
34
84
25 i,
3.
11.,
26's .
80 '4
'?,
68
25?, '
25 '
4
.. Am Internat Cerp..'29H
. . -m Linseed . ...
0 Am I.ocemotlo .
3 Am Metaln
t Am Kadlater . . .
li Am Safety Itazer.
.. Am Ship & Cem.
3?.
125?;
51 14
116
7H
1 ;'2
. . Am Smelt 58
Am Smelt pf 98 "J
3 Am Steel Foundries 38
.. Am Sugar Kef. . .. 75 (;
. . Am Sumatra 29 Vt
9 Am Tel & Tel . . . 1 25 H
1 - Am Tobacco 154
12 Am Tobacco I) .... 152
. Am Watrwks fi pf 51
7 Am Woolen 95 H
..Am Writ Paper pf. 27
. Am Zlne Ld & Smelt 15
. Anaconda Copper . . 51 H
4 Asie Drv Goods... 64 't
7 Asee D Goods 2d pf 08
C Atch Tep & San Fe. 1 '
. . Atlantic Fruit .... 1 j
. . Atlantic Fruit ctfs. 1 H
Atl Gulf & W 1 S S 23
. Austin Nlchole 31
7 Ualdwln Locomotive 120
14
?4
H
H
114
214
'
'i
U
Hi
'4
14
Ti
I
1
li
?i
3;
7 Ualdwln Ioco pf . ..112
. . Haltlmore & Ohie.
4 Haiti & Ohie pf. ..
.. Harnett Leather. . .
Uarnsdall Class A.
42U
58?;
45
32
Vz
51 U
62
64
ilatepllas Mln
300 2. te Ueerhnut Packing
Beth'.chcm Steel
Beth Steel B.
Beeth Fisheries
1
Bklyn llapld Transit 15
Bklyn it T ctf.i
116
Bklyn I'nlen Gas . .
10 Burns Bres A
2 Burns Bres B . . . .
Butte Cep ft Zinc.
H Butte fc Sup Cep...
. . Butterlck Ce
Cadde Cen O & P.. .
6 California Packing. .
. . ( allfernla Petrel
. . Cal Zinc and Lead .
114
145'
45 Jj
10
43U
18'i
V?i
8Hi
57 H
91
1
1 Ji
10 Canadian Pacific .
. C.lSe J I Plew
7 Cay.i J I 1st pf.
. . Central Leather . .
. . Cen Leather pf . . .
Cerro-de-Pasco ..
i Chandler Meters .
1 I'hepapeake & Ohie
.143'.
4
75 U
. 33 ?
. 70j
. 46S
. 64 t
'i
Ji
',4
!i
"
1'i
71 Vz
Chesapeake & Oh pfl02
''hlcage ft Alten... B2!i
Chicago ft Alten pf. 3',i
Chl ft K 111 28K
chl ft i: 111 (new) pf 56
Chicago ft Gr West 4 'J
chl ft Gr West pf. . 9'2
Chl Ml ft St P 22'.
chl M ft St P pf. . 34?;
Chl ft Northwestern 78
1 hi ft Northwest pl13
chl H I ft Pac 32'J
Chl P. I ft Pc fi'i pf 82!J
Chl P. I ft Pc 7- pf 92 U
Chile Copper 28 j
Clilne Copper 28 'i
Coca-Cela . .76';
celum Gas ft i:iec. ,107'j
Celum Graphopheno 21;
'4
H
'i
1'4
H
' 1;
1!i
14
!4
0
Tji
C Cemput Tab P.ec
73H
cenley Tlnfell .
Consel cigar . .
S Cntiselldatfd Gas
'en Gas of N Y
'en Gas rts. . . .
CoiiFel Textiles
continental Can
Coin Meters.. ..
16';
. 38
120'j
i 60'4
. 2
. 12i
.111 2
. .. in,
lltf.132
I Cern Products
4
1 'esden ft Ce . . . .52
Criic.ble Sttel . 7J0
Cuban Am Sugai .. 26 sa
1 uba Cane Sugar . 14 s,
Mli.i Cane Sugar pf 40'J
I-.iMsen Chemual . 33'4
Iieere Ce pf 72
Pelieers C jrin Ltd 23'..
Delaware ft Hudsen! 18
Hei Lack ft West. 132'.
I'eme .Mines . . 43
Pu Pout (K. I C)1D5
Kastinau Kodak 84 ;
Klfi Storage Bat . 00 '
i;il; Hern Ceal.. . 22
Hndicntt., Johnen 87';
CihIIl tt-Jbhlisuii pfl 17 4
111 e 10'j
l.'ll' Ut pf Ij'4
Hi. ".I pf 11 '4
T.Hiieus Plajets I. 91 h
r.itiieiis Pl.iyer.s pr. 97' j
IV.I MI11 ft Smelt pf 52
l'.dellt. Pheen Fin ICG',
KNlier Bedy . ... 2i5
Fisher Bedy of p.' 9e
l't..pert Tchs . . 173,
' 1, 11 Am Tank. b7
lit 1 1 nil Aspb.i'' 47
'k-' ci a I i'pli:ilt p' Vj :
ii-u i:'niric .181 ..
'i. Ill I. leu M"C..1 1 1 '
Get.eial Meters . ' i "
Gimbel Bres . . s0 .
Glmbd Bres pf . 96 .,
i.eldwjn Pictures . 4
Goedrich It F . 14
Goedrich B F pf.. . 84
Gratibv Mining 7
Crn ft bails . 1 )-
Great Nerthcin pf. EG',
Git North me ctfs 31 '..
Gieeue Can Cupper ?7
' iiilf Stales Steel . . 81
Hublrshaw Uluc . 1 1
lloufnen Oil . 68 .-.
Hudsen Moter ' .r ;5r'a
Hupp Moter Cai .'"i
Hydraulic Steel . . 4
Illinois Central . . 107 J,
111 Central pf A 114
liiillalieina. llff 15'i
Inspiration 'eti Cep 37'j
Inter ''en Cetp '4
Intel- con Ceip pf 34
Inter lt.ipld Tr.in. 18
Inter Cem Kng '4
Jnternat t emenl . 14 ' ,
let Hariester new 9?
Inter Mer .Marine . 1
Inter Mer Marine if lOl,
Inter Nickel ... n?t
Inter Nil kel pf C5 .
Internatleniil I'.ipei ' 3
Invlnelhle "il ''eip 14'.
Iren I'redui n 46 t
Island Oil '.-
Jewel Tea 20
.lewel 'tV.l Pf 'I .
34
n.
is.
107 5,
114 J,
1r''S
'O7I4 '
114 3,
15", '
J6
18
?4
14 ,
92
in,
50',
11',
en,
53
14
4 '4
.01,
'4 ,
101
18
'".
44
4J',
10B
37 ,
13
?A
54',
92
n ,
50',
133,
65 j
01
'4',
46 ' ,
701,
L4'..
511,
101
18 ,
44?,
44
us;;.
J7',
Jenes Bres lea. . 04 ,
tones ft L cum pf wilCO
lan city ft Seuth
Kansas & Gulf
Kaiser ft 'e ih.i
Kelly-Sprlnt'tlenl
Kelsiy Wheel .
KnneCetl Copper
19
2
. 44-,
44 5,
118'j
38
10!j
'i
HOUSTON. FIBLE& CO. FAIL
Kansas City Heuse, Member cf Va
rious Exchanges, Declared Insolvent
Ncm erli, Uec l1 - 'I h" Vim
YerU Steil; KxcliaiiKc .uineiini i .s the .n .n
seheii'V of the lirm of Housten. I'd le
4. Ce.. of Kansas Cltv. Tlie tirm.
wlm b miih admitted te the etclmnse In
IPOil, leiihiM.s of W. IC. Housten an J
V. M. Hele.
The iii in tilse hail inemeerships in tlie
fhli'iiKe Heard of Trade nnd Clilonse
Stm I r.xchnnBc. It m'iih eritnnized in
DIVIDENDS DECLARED
r.i ml- f.-nn
pri cint i,n tlrat
at.ln IVbrjurv
u.ri 1:1.
I nlnr Hi .Uv dhie rnmiMii numlerly J'J
or iiri-tc r.il puble Januun 1 te meds et
rrrftiil )r4intir -'1
Septhfrn t ennui
Rnnual I p-i unl
9IO nf 1 i, nrH ll,
Ijeminlnt. Mtr-nl
IS utriftit en
i
eti i,t
Liverpool Cotten
l.herienl, Per 18 Spot cellftn la
Hiiiite'j demand leilm- wlih pilces aleady en
Ui. IiuhIh ut nn udianc ut S2 jieliita for
middling ut M,7nd Th aula, were 6000
tinlea Tin leceluta iters I'.'.llOO bold. In
1KS7 It nlHO linu meniDemi p n 10 -"-. , ". " inprreii. ""S'
inni, ii mi" !" ... '... ., were alcRiiy In the ear y daal n. Bpet
New erk Cotten Lxclinnce. . It. nr,t w,re Anierlcun middlln fair.
IIoilKlen heldlUR (he seat. 'Hie sua- .".ltd, ceed inldilllnir, lldlidi fully mid-
pennon of the Kb ?""" fa i!:K8' "njuln."!..! llBi
from the rostrum or thnt eschnnse. terdmar,. is old
Lew
10H
181
84
63 4
58
19J4
131 J4
56 K
116
61 !4
lit
32 Si
34J4
51
5094
41 J4
44 4
10Ji
67?,
27 Vi
48 ?i
46 Vi
63 J4
18J4
242
16J4
15
27 ?
11
28 W
e?;
1494
16
42
22
18K
11H
21 Ji
37
122?i
66 Ji
123
15
86?i
2714
93
23 !i
21 !4
20 Ji
109?i
110J4
100 3 U IehlKh Valley 6314
1300
Lima Locomotive , . 59
800
100
100
200
100
100
1900
500
100
100
700
200
100
100
2300
100
100
3300
100
100
5600
1900
300
9300 1
2400
100
1000
1000
1700
10800
700
6000
800
2100
tee
4600
400
2800
200
400
3200
200 J
3100
200
100
200
100
1800
500
600
300
300
100
400
500
1700
5200
28400
28000
2800
700
2500
300
100
2100
20600
600
100
900
100
2900
200
.. Loews Ina 19J4
7 Ixmlsvlllc- & Nash,. 131 ?i
.. Mack Truck B6J4
7 Mackay Ce 117
.. Macy & Ce 61 J4
7 Macy & Ce of Ill
. Magma Copper .... 32 M
.. Malllnsen Ce 34?;
4 Manhat Kiect Supp. 51
7 Manbnt Kiev Guar.
50
. . Manhat Klev ctfs. . ,
3 Manhat Shirt
. . Martin Beck we 11 . . .
C Mar St nwy pr pf . ,
Marland Oil
.. Math Alkali
42
44
10 '.
67 4
28?
48 ?4
. . Max Meters Class A
40 J4
69
10 May Dept Stores..
1 Mclntyre Mining ,
18J4
16 Mex Petroleum 242
2 Mex Seaboard 10',;
2 Mex Seaboard Oil ct 17J4
2 Miami Copper 27 H
20 Mlddle States Cerp. 11?4
.. Mldvale Steel
.. Mln & St Leuis....
29
6
1H
. . Me Kan & Tex (wl)
. . Missouri Pacific . .
. . Missouri Pacific pf .
.. Montgomery Ward.
16
42 J4
22?;
1 Moen Moter Car.
18?',
Mether Lede Mlnlnr 1 1
.. Mull Ins Bedy 24?;
.1 Nat Biscuit wl 37 Ji
7 Nat Biscuit pf 122H
C Nat En & Stamp... 66H
5 National Lead ....123
. . Nev Cen Copper. ... 16
6 N O Tex & Mex... 87
.. N Y Air Brake .... 27 !4
5 N Y Central 93 ?;
I's New Yerk Deck.... 24
. . New Yerk N H & It 21 ?4
2 New Yerk Ont ft W 20)4
7 Niagara Falls pf. ..109
7 Norfolk & WcstcrnllOJi
5 North American ... 93
5 North Pacific 75
. . Ohie Bedy & Blewer 7;
. . Okla Pred & Itef . . . 2
. Orpheum Circuit . . 18
. Otis Steel 9
2 Owens Bet Mach... 36
. . Packard Moter .... 10
Pacifle Devel Cerp. T,
B Pac Gas & Klee.... 87J4
H Pacific Oil 44?;
8 Pan Araer Petrel .. 09Ji
! Pan Amer B 85
. Parrlsh & Bingham. 14f
3 Pennsylvania B, R. . 46
. Penn Seaboard Steel 3?j
6 Peeples Oas Chicago 94
.. Peoria & Eastern... 15',;
Tere Marquette ... 36 i
" Phillips Pet 41$;
Plerco-Arrew Moter 13Ji
Plercc-Arrew Met pf 30 Jj
. Plcrce Oil 41,4
. Pierce Oil pf 39 V,
4 PlBBly Wlggly Stere 51 H
. Pitts ft W Va 34i;
l'j Pend Creek Ceat... 23?,
5 Pestum Cereal pf..110Ji
.. Pressed Steel Car.. 83
Pieducers & Rcf . . . 43 Ji
S Pub Ser of N J... 92J-4
S Pub Ser of N J pf.105
S Pullman Ce 131 !4
. . Punta Allegre Sugar 48
2 Pure ull 27 ?i
7 Railway Stl Spg pf!17J4
.. Ray Cen Copper... 15
4 Heading 80?i
2 Readinu' 1st pf 52
2 Reading 2d pf 52
. . Remington Typew . 36
. Replegle Steel .... 26 ?,
Repub Iren ft Steel. 47 J4
. . Republic I ft S pf.. 02 '4
Reynolds Spilngs .. 25
?. Reynolds Teb B.... 48H
93?,
75 ?i
7'4
I?e
17 U
8?i
3S
10
3;
C6?i
43?;
87 3;
8314
1214
46 H
3U
9314
1514
35?,
39 Ji
12
30 '4
41.
39Ji
501i
34
23
1101-j
81
42 li
92 !4
105
130'
47 '4
27 14
117'4
14
79
52
52
33'i
26
46'4
82'2
24 H
47 'a
116?;
51 li
201,
30 3;
55?;
23;
1?,
e?;
07
8
8
37 14
31
8?,
41 34
863,
24
64 5J
113
194 34
116'4
38;
79',
108
62?,
62'4
131
7 U
414
47
57 3;
1 9 '.
21!,
16 hi
110
12?,
56
S3
17?.
135j
75
134
82?,
1563;
14J4
701,
5
6614
99
87
Ji
100?;
52 ?4
96J4
38 ?,
107?i
121?,
64
16
35
63 1 j
34
60',,
16',;
144
8 5,
23 1-4
111 ?e
IK.
21
16
5414
112!.
1 13
59 !i
9?s
10! 4
49?;
33;
II 14
6;
42!2
35!'
199
1200
200
1200
2300
300
300
1700
1000
2000
100
8400
5100
100
100
200
800
2400
200
400
4100
300
!S
Reynolds Teb pf...116?.
4500 13 Royal Dutch N Y.
52
3700
St Leuis San Fran.
21 14
38?;
100
400
100
400
100
9100
600
300
St Leuis S Fran pr.
ht L Southwest pf.
San Cee Sugur. . .
Saxen Moter
Scab Air Line pf . .
Sears-Roebuck ....
Seneca ("upper . . .
561,
1?;
1!4
8 3;
89?,
8
1 i
Shattuck Ariz Ceip
8'i
1200 155 i
17100 2
6500 .
200 ..
6200 6
3200 .
1 500 r.
200 4
700 Ti
100 7
3100 .
She'l Transport
Sinclair Consel .
37',
32
3?i
Shelly Oil
. Se Perte Rice Sugar
42
6 Southern Pacific
Southern Rail . .
r. Southern Rail pf
87 'a
24i;
65'. .
4 Standard Oil of Call 15
ri Standaid Oil of N .1196
7 Stand nil of N .1 pf116'j
Stand Oil of N. I wl.. 39?,
7 Steel Tube pf 80
8 Stem Bres pf . . . . 108J4
I Stewalt Warner Spd 643
400
400
1400
2100
15500
1500
900
400
13100
1300
700
1100
100
S00
1200
GI0O
240 3
GOO
900
3400
100
400
103
000
100
400
800
', 400
100
800
500
iOO
2300
ICO
300
51200
200
4300
300
1300
100
2100
300
300
200
500
1200
200
JOO
,00
200
100
100
1100
2603
?00
6400
200
700
.100
900
300
1100
5
10
Strenibcru Carl) 63 1J
Studebakcr 134?,
SUb Beat Cerp.. . 7 '4
Superior Oil 4'3
Tenn Cep & Cltem 914
Texas e 47 ?,
:t
u Texas Gulf Sulphur 53
. Texas ft Pacll'.c . 20
1 Tex ft Pac C ft O . 21 'j
. . Third Ave 16'3
Tidewater Oil . 1?2
J Tlml.cn Rell Br . . 11
Tobacco Products 57 3,
; Tobacco Pred A. .84
.. Transcontinental Oil 11;
I'nlen OH . . .. 18',
le Union Pacific . 1J6'
I Union Paclllc pf 73',
7 I'nlen Tank Cai . 134?,
. United Drug . 82 3,
S United Fruit . . . 1 38 '
.. United Paper Beaid 14'.
1 ',
3',
United Retail Stores 70',
'11 1
I' S Feed Products 5 ',
S I nil Alcohol . 67 '4
S I ml Alcohol pf 99
S Realty ft Imp 07 'a
S He ul & Imp Ms 1 ,
s Rity 1 m pf wii 001;
S Rubber. . . 53 '4
S Rubber lbt pf 9e?;
S Smelt ft Rcf . 19
S Steel.. . 108',
U S Steel pf . . 121 't
1 '
Utah Copper .... 65
Utah Securities . 16 1 4
Vanadium Cerp . J61,
Van Raa te. . . bj '-..
Va-Car Chcmlc.il . 15',
Va-Car Chem f 61
Va-Car '-'hem 1J. 16 1,
Vlvauden Ine 141,4
Wabash 8 ',
WatiOBh pf A . . 23 3,
Western Klei. pf 111 ',
Western Mar.ilnml. 1 1 "j
W Maryland 2d pr 2 1
Western Pacific 16
Western Pecltlu pr ';4'3
Western Union Tel. 1 12',
Wcitlngheusu A 11 . 116
Westing i: ft M . . GO',
Wheeling ft I. K 9 3,
White Eagle Oil . 32
White Moter . A')
White OH erp 3',
Wlckwlre Spenc Si I 1114
Willys Over and . . C,
Wlllya Oveiland pf. 42?,
Wilsen ft co 17
Woolworth F W 200 1;
500
i;x-ihvldndj
8tt in I STOCK Illji.
1100 .. Keystone T& K.... 10J4
100 7 Krcsge S S 181
100 7 Laclede. Qaa of St ti 84
U. S. Certificates and Treasury Notes
ritel iurteily nf 1
i.referri.l Krlei H. P
. alei k f ui.erd Jan-
Int. Mnturiiv
Hall li.li" lli.l
t4 Ilee . 1UJ3 Kill
M'j !lur 'i 1HJJ ion
t'l1, Alanh IUJ3 IUO 1 10
T-n-4 .lun- in. i juii
I t3 Hfpi lli.M
,i. ; t'fi. .Fun. l(i.'4
.' I W .si)' 1UJI
i 4i Mrch ll.'6
1011
101'.
101 ll-IO
I00
10(1
UW'a
1IKI U-10
DO
IUun romeany, n
rnenblf IlillUJIv 10
rami, r till
I nrrwirnliim nilirterlV
tl'n Junt- Ihi.i
rrettired. u.i. utile J'ttUruary
ft', IV lusi
Is. Alnrch IliSd
riicent Jii.u.im 13,
T'4". hupl . 1US0
-curnipi triiui i-Qucrui nerinni
tAccenabl for pment of
due en dnte uf maturity.
MONEY-LENDING
NBW YORK- Meney en cull,
of collateral, opened today at
ruiuxei
iur innuins unu faiiewiny.,
iiwn.. ,Jt,'
A Call. f nr
riiiui)Ki.ini
fl par cent commercial paper
munt-lu,
Vbll,.
WIDE CHANGES IN
NACTVE
SI0CK5
tilR
Net
V. M.
CM.
1014
Vt
1
4
!4
?i
94
254
154
2
v
94
94
1
194
5i
li
181 -84
-63V4
58?;
19J4
131 J4-
56 Ji
ll? 61 J4 .
111
31 J4 !
34 A
51
.
1BJ4
242 -18J4
1714
27?
6?i ,
1494
16 -42
22?i
18H .
1154 .
144
37 J4
122?;-
66)
123
16 4
86?i 24 -21
54 -20
U -
109?;
110ii-
93 94
75?4
7?;
1?i .
17J4-
9
36 -10
w
87 1-
43?;-
89
05
131-5 4
46H 3J4
94 J
15', -f
36J4
4054-
12 -
3054-
4Ji-39J4-
50?;
34
23
1101-4-8114-42
!i -9254
105 -
130?;
47 54
27 .
117 5a -
14?;
79
52 -'-52
-
36 -'-26?i
,
471; :-
82J4-
25 V
48',-i !-
116?; -f
52 ;
2014-
38?i-
55? ,
2?;
1?,
8?;-:
e9 1
8
8!i
37 ?i
3154-
9Ji -
42 -87
-24
h
65U :-
115 -1
94 3; -11654-
3954-
79 ! i-
103 -
6414 i
62?; -1
133', i-
75i I-
4 5-4
9M-i
47?; ;
58 !
19 7a 4
21 54
1654 i
118 -33
',
563; ;
83 54 :
11?;-
17?i -13614
-
75?, .
134
82?; !
15BJA ;
Continued Speculative Realiz
ing in Beth U. G. I. and
Pennsylvania Railroad
The
tliln ntinrnelee Af the CUITCIlt
market was strikingly exemplified '"
the wltle price vnrlnllens of neveral of
the innctive local stocks in today 8
operations. Amcrcan Onsi for n
stance, was advnncc i1ai Pnts n 8r en
n rclntvely smnll turnover. American
nnilways preferred was nnetlier with
nn advance of 2 points te (12 en total
transactions of less than 200 shares.
At the same time, nil odd let efferltiBs
West Jersey & Seashore ran off n point
te Jin ns did Yerk Itnilwn.vB preferred
te 31.
The two active features were dlsap dlsap
peintlnjr. They were V. G. I. ant
Pennsylvania Railroad. Ueth appeared
te meet n liberal volume of speculative
profit-taking. It was less surprising in
the former than the latter, for nt the
high price made just before the in
54
14
54
2
Ji
Vz
2
1?i
Vz
H
54
'54
14
crease In the dividend rate te 0 per
cent, the stock hnd scored n recovery et
0 points. This profit was altogether
tee nllurlng for the nverage local trader,
professional nnd scini-profesilen te re
sist, mere especially In view of the close
proximity of the yuletide season.
necurrlng realizing in Pennsylvania
mere difficult te reconcile. With the
stock nearly 4 points under the peak
price of the year, an unusually wide
decline for tills slew-moving invest
ment issue, It -was quite generally be
lieved much of the speculative hold
ings nhtl been cleaned up. Evidently
some of the Interests who accumulated
the stock in the thirties, at the expense
of the small investors, en eruMly gar
bled reports concerning tlie mfety of
the (lliidend, hnve found possibly a
mere profitable field for new ventures
en the same without honor motive.
There, however, nppears sufficient un
derlying buying demand mound -WVt te
tnke enre of the bulk of offerings
nreuntl thnt level.
The unbroken firmness of the Phila
delphia Klectric issues remained nn out
standing feature of the utility group,
lleth issues had n geed market around
11 W, which, reversing Saturday's
movement, raised tlie preferred, tint
caused n shading of the common. P. H.
T. reflected geed support under 111 nnd
nil offerings of Union Traction nt 40
found ready takers. Philadelphia Trac
tion cased off in Wft en light sales.
Dribbling liquldntlen caused Lake
Superior te drop bark te fi'i, or witiiin
J,s of the yenr's bottom price. Philadel
phia Insulated Wire, Pennsylvania Salt
nnd Penn Central Light preferred were
firm.
Vz
Ji
1H
'j-5
194
54
94
?i
?i
?
9
U4
2
54
Ji
Vz
VA
la
1
1
1
Ui
14
1!i
2
1?4
54
U4
?i
Philadelphia Stocks
i-i.i
p. m.
.S2
Til
Net
dice.
-f-H-h
.. . Uich
Iiw
1.N Am (Jas. . M
Ml
III
r.2
.-.
Ill's
.-.2',:.
id
54
1
ii
54
194
?i
5i
!i
9a
!4
!4
'z
l."0 Am Hwys.
17."j de pref . .
10()t Anaconda
205 Klec Ster.
20t(Sen Asph.
300 Lake Sup.
lOMInehill..
OOOfNi'v Cens.
i:t
r.i
KVs
47
Ii'',
r.2'..
1(5 "
en'
1(5 -I-
I!0t Penn Cent
Light pf. .m
1S0.T PenniiUIt 4(1'..
10 PennaSalt ST)ii
420 Phila i:iec Jll's
242 de pref.. aii
2i).- Phil Ins W 4S
1.".2 Phila It T .".1
.".." Phila Trac (i.'.'
'i
2 54
lOOtHeading..
lOOrTenn Cep
(!2-"i T'nlenTnie
l.".0.- I' (i I....
2." de pref. .
Ill W .Ter JI S
1(H);- We nh P
& M.... .".'J'
no Yerk Kwy 111
"21
.11
111'.'
:i l
tNet change lniule hy (ninparlHeu with last
anli en ev YerU htecl. Ilxrhans
X'.:i richts.
rilM.UM-.I.PIIlA IIONIIS
J 4
1'4
1 J-i
101000 Liberty "d 4,s "12
11.20
PS.K1
!IS. 4(1
OOL.
Ktl :
21 "
DO
1 1! IV.
102 "
10IKI Liberty :;d 4'is
127."i(l0 Lilierty
1th
(5000 Klectric & Peep 4s
1001) Lnuitalile 111 (ins ."is
."ilrOOO Im Russian ctfs dep (!'...s
7(K)0 Lake Superior In ris..luts
1000 Phila Klectric 1st Tis. . .
0000 Phila Klectric 1st fin
1000 Phila Klectric fi'-.s
i'.eOO lteadinj,' Traction (!! 100' '.
News for Investors
Tlie New Yerk Stock Kxclinne bus
fidmilted in tr.-idinj: 0,00fl,12."i common
sleck of llie Anierirnii Jtailititer ('imii
luiiil . "n hen issued."
'4
'
78
1 '3
9a
I 'a
'.
'4
'lic ell.v-Sprili(!licld Motertrucli .
Company, which is in receivership, Im , .
im connection with the Kelly-Sprins-tield
Tire Company. I
Tlie nvernffp price of the twenlj ni '
tive induutrlals advanced 0.10 per cent
en Saturday te HS.l.'I and the tweiiti
lailreaild advanced 0.01 per rent i.,
SI. r.i). (
Northern Pacific bindings for lb' I
fli-rit weU ill iJecember weie 17.(j."s j
1454 ;
70!',
5 66?; ;
99 -87';
Ji -
ICO? -52
?4
95 54 '
38?,
10?, '
121 Ji
64!-"2
16', -35
63' j :
35 'a ;
60!, -10(4
-14!
I
cars, iipiDiM H.inni n jrnr ase, .mi.
i ember lendiiifrs totaled 80,027 ni ,1
nRninst (l.",S.- lust year.
There has been admitted le llm nn- I
listed depaitincnt et the Phllndelpbi i
'.stock lCM'liniiKe lediij, Penn Ceiiiml
Llsht and Power Ceiiipniiy stml; nl nl
letmciit wanants for no par lefeience
(liare.s.
- Stiiteiiient of Cia internal leiml le
I'etrolee nnd ( ileodui-ies. S. A., Im
nine months ended September VA), slum
,;ies.s eperutini; revenue of S7,!l 17, '.)"(!.
After expenses and iwrw1 for iiiuorii iiiuerii
znlliin of pipe line plant anil ciiuipiiiciii,
net profit a 55(50(1.15 111.
The statement of the Mexlc.in Sen Sen
beiml Oil Ceinpai y und Intel iiatimri!
Peli-nleiiiii Cnliipauy for nine inniiili
ended Septemhei- .'50, hIiiiws net leM'inie
-if fl),220.1(17 after expenses mid intci -est
en debentures, but befeie p.inidiiia;
for depletion and Federal taxes.
i
Ha
a
Ja
!i
'-4
23 54 -
111?',
11!i t
23
16 i
54 '4
II25, -115
59 '-4
9?i
31
49 ?4
3j;
1 1 !j -
6?'. '
42 ?i :-
35)4
200 ,
it
'4
5!i
la
"4
Ha
"4
.Stm klinldeiH of Hie .Misli .Mhiihs1
Ceinp.iliy have appreied li plan of re.
i-apitiiliiitlnu lliniuli 1 1"' ist-iinnie. il i
22.", 000 shares new 7 per cent I'liinu- I
bithn preferred stock and '' l.'.eni)
sliuir.s additional no par value loiiiiueu
stock.
I
!'
'a
I!)
1?4
-Ferd Moter Company Nebunbrr I
piediK tlen wiih 117.000 earn und trwlm1
UKiiinst 121,705 for October. This l
inakes total product Ien for eleven'
months of appi-eviiuiitely l.iui, I ;i m
iiiniiestic plai.ls, iisiiinst !l0li,l(17 fur i,, i
first eleven months, of 1021. i
The New Yerk Clllb Kcliiune ln-i
ndmitled le tradini; Nulleual Suiiph i
Ceinpiinj of DelniMire .'510, (Kill an.,
therizcil cniiimnii shnreH. liar mine S.10,
when, ns nnd il Issued. Tbei-f hlls I,
icinewil fiein ti'ildiliR lloene Oil Coin
puny and Carib TrudiiiK Cenipan .
BANK CLEARINGS
D.inU clrailnu-H Ind.i (eiiiimi. i ,,
correnpenUlna ilu laut nm yiui
HISS IH?1 l'i. ,
riilla. IS'i nuo.neo "' nod lien $7.1 n.i.nt , '
Woaten Bl.OOO.OOD i3,000 000 ..u uai 33''
AM.-d Vifi.)
10(1 . HI , 1. 1
ion 1 3S a 37
100 3. HI a 411
iim i-iii 'A nr,
Km l-lll 3 ll.-v
ins 4 37
llll 1.1-10 4 411
100', 4 U
Kill 1 10 4 V,
Ull'. 4 tn
100 1,1.10 4 i,
lltlU 4 in
inciirne tax
Income tax
RATES
I'I.kaii ran ratk ci't
The Wcataru Kederal lteaerve Uanl. rie.r.. '
both claim
i't per cent
that . cut In freight ratea lemenilai in
aurleultural prnupcrlty,. , The Drat iul. if
the IJualueaa i Hiotlen t atauiuin, dally utts,
t .. i. !'
cent; time.
t!!''""'. tiw '"".."-y s'.i.inr Wlllcll
la one reaaen why HI la read mi widely hv
nn
ronrr'teve nuainena mun. A distinct .
Ihraa ta
lien dally of th rciLid Lieuku
lel.e It
7 "i7
iii'i -i ; n s - -
.v.i, &.-...
nn, :sii, i, ,
,".i .".ii'. . i. i.
$300,000
City of New Castle, Peniuu
Scheel District 4 Bencls
Dated Jan. 1, 1923 Due $30,000 Nearly, Jan. 1, 1931-1940
ntnclpal nn.l ,(ml-nnmi1 Interest (JanuMT 1 1 inil Jut 1) rayibl,
nt tlw efllfe of the Tweiiirer of tha flebecl DUtt let of the City , ,
vt Nw Cantle. Pn. Coupon bend, of SI. 000 itfnnmlna. ' "
tlen rrglstcrable ei te principal and Inttreit. ;
Tax free in Penneylvania and exempt from all
Federal Income Taxes
Eligible a security for Postal Savings Deposits
Assessed valuation of all taxable property in
New Castle Scheel District is officially reported
as $32,363,700 or about one-half of the actual
value. The District has a net bended debt of
$1,589,633, and a population, according te the
1920 census, of 44,938.
Prices te yield about 4.10
Harris, Ferbes & Ce. The National City Company
Th. .bore .tatennnt. are derived from eurcf which we tefaM aa
reliable. We de net euarantee but believe, them te be correct.
Legan County Lt. & Pr. 6s, 1934
Lehigh Valley Gen. 4s, 2003
Jeffersen R. R. 1st 5y2s, 1929
Schuylkill River East Side 4s, 1925
Western New Yerk & Penna. 4s, 1943
Denner Steel 8 Preferred
Congeleum Company Common
Consolidated Traction N. J.
Westmoreland Ceal Stock
ISAAC STARR, JR., & CO.
16th and Sansom Streets, Philadelphia
Spruce 3881-3882.3833
WE WANT OFFERINGS OF
Franklin National Bank
Girard Trust Company
Phila. & Camden Ferry Ce.
Central National Bank
BARNES & LOFLAND
147 Seuth 4th Street
Philadelphia, Pa.
IS 48 U . . . ,
:te-H .'ii .. i ,'
fi.-.s .-,i8 .-.s
711 70 7!) -f- : -
4eis de- .te".'. ! xjsv ' irraTftgjcV-. a
1 i. lhHwiiian"! aHraaH ki
V' ..
OPEN
8:30 A.M.TO Midnight
DAILY
Interest Paid en Checking and
Savings Accounts
FRANKLIN TRUST CO.
13th St. Belew Market
C2il Dcl.nvnri. Ac,
and nnd
Market Sin. Mnrl.et Street
fi'08 Oerinanlnnn Are.
Beles 6-Westwood
Members Phila.iech Exchands
INVESTME1TT
SECURITIES
LandTitle J51dt.. Philadelphia
4'flUlVG- iUUUuJl tVl
Bends for Investment .
Saiitiliem Upen Rtqmtl
The National City Company
erncas in nene: than rirrt crriee
Alan A. Alexander & Ce.
Stocks and Bends
Colonial Trust liUUj,, Phila.
Bend for Copy of Our Wntmlv Market
Lutter, "Ups and Dewns'1
litU.A.hUHiN&bUNa
Uem.bi?d'c'h.ViVPh1,,.,i?1We.Y0rU
New Yerk CUten EichanrV
STOCKS & IIONDS
bought nii'l anlil fur reali or lurried
nn enennllvp mamln lc"
Eollevue Court UHk.. Mil Walnut St.
J v 111 m n nr y
H
j
I" " 'zl
Il 11 I .
: A
Stockwell
Wilsen &
Linvill
WIEGNER.RncKEY&CO.
Certified PubliSScceunttnU
Drextl BuUdbii PhUttdelphia
llmriTIRHi
Wc Wish te Buu
Wc Wish te Buy
Ches. & Ohie
(Craig Valley)
1st 5s. 1940
F. P. Ristine&Ce.!
Widcncr Building, Philadelphia
New Yerk Ellrabeth. If. J.
Miinbcm .Veie Yerl; ami VMladclphia
, -,
Am. Ryi Ljrnchburf & Roanoke S'i 193,
Alteena & Legan Vl. Et.Ry. 4 IV., 1933
Scranton Uailwiyi Ce. Cm. 7'i, IMS
Straw'b. & Clothier Ce. ZO-Yr. 6i, 1942
Pennsylvania Lif htinz Ce. S's, 1940
Lehigh Navijatien Elec. Ce. 6's, 1943
Chattanoeffa Railways Ce. Cem. S'i, 1956
Shaffer Oil & Refininr Ce. 6, 1927,
Eauitable Illuminatini! Gas. Lt. S'i, 1928
Penn Seaboard Steel Cerp. 7'i, 1923,
Pub. Serv. Cerp N. J. Perpet. Ctli. ,
Terre Haute Indpls. & East. Cern. & PH.
SAMUEL K. PHILLIPS & CO.
Members Philadelphia Stock Eicbuiu ,
607 CHESTNUT STREET
Complete Investment
Securities Service
HAMBLETONCb
Established 1865
Commercial 'IrustBuildiitf
PHILADELPHIA
Baltimore AWKrs Washityfa
l&PORTS'APPRAISALy
ptans &ceNSTxycrm
Kelly, Coeki: & 0
ENGINEER
42.4'Clic8tntil.'Sl-
CERHFIED PUBLIC
ACCOUHTANTS ,
Land Title Bl it-, PW
I ai
EDWARD LOWBER STOKES & CO
'
INVESTMENTS w.a--20
Seuth 15th St.
PHILADELPHIA
l "-' . . . .. .... , . ,
'limS
;V W.,,.f.W.,.