IA tiM mmmwmM -." i. TTlPr Vif )(iF: Jv. r "aj frWHrwxy maw "anKllfflBr Vvwt Lmrrf '"JVW V ' 'i H (EVENING PUfeLIO ' LEJD&EIt-rPHIIiADEIiPHIA: FRIDAY, DECEMBER 22, 1922 i.-tM iZt niiRANT SHARES BID L I UP IN CURB TRADE i Nua Touches Previous High at 74i4Mining Stocks Quiet He Yerk, Dec. 22.-The curb mar wf wits firmer after the opening, with dlthtly mero activity. Derant ad wnced ' te the previous high mark IJ7414 'while the Imllnna shares also Suded a new high nt 21. Glen Alden n, Up a sharp fraction. nil stock" showed only slight price duuei en the light volume of trading. Continental Can was fairly actlve and bout unchanged. The mining shares were comparatively quiet but generally steady. LPiMiiaiifrftju'a 0OAcme.CeM 20 Am Llfht . . . . . 110 Arneld 1 Constable KifiSeWn cniy IIV. High .. Me ..13.1 .. SIO m n,Mv lluils 1 0OCent Teresa, Hue-.. 1U 200 Carben Ml let PW 13 000 Columbia. Kmoreld 4Be iwOCentl Can w I.... e2j 00Dubller C & It--. 4 ieeODurant Met ..; Oj SOO Durunt Met of Ind J2H 'no Fifth Ave Bus Crp ', ;nmn A Hen Ceal.. (lU Itvv """ , mj IlOOltuasen iuii 100 Hudsen Man pfd.. 40 - ML.. tV f I.. . . It ' r.i; 4 7 ai '""'.'.""m-va r POO Martin Firearms.. 100Mrlln rirciirms rf 200 fiercer .-viei .,.... IJOONnt Supply - COK lOONush Moter pfd.. UllS 0ONew Fiction 'ub. ll'l 4J rew .otew .......-.- BOO usceeui joercrfcctlon Tires... TC0 Thtllp Merris ... f400 Radie com I'OOHsdlu pref 200 Permits Stores . . . SOO Htan Copna ICOOKe Ceal A Iren... 100 Stand Met 100 Snows Fountain... lOOTlm net Axle w 1 100 Tell I'reducts . . . 1001ml Rut Candy... 100 I' 3 Lls'it pfd . . . . (00 U S J.lKht com... I' 100 winy cer 1st pr cit. iv 00 Wlnthcr .Met 100 Toungstewn S t T 7(1 standard OIfS 0O Angle-Am Oil .... 18 400 Atlantle r.bes ... O'i SO Puckoye V U fir.U tie Cent Oil 1M , 130 Illinois P I. 1H2., I40O International I'ct . M 100 Nat Trans ".": SOS Pralrle Plpe 3 lit .'0 Seuth Penn Oil ...I0O 10 Seuth r L. 100 MO Stand Oil Cal w 1. ShU 200 Stand Oil Ky ....122 1(100 SJand Oil Ind ....117 400 Stand Oil N Y w 1. 40,'i 110 Vacuum Oil w I.. 4(' lObeutlmest Ot lt',4 14 2D aj f. 3i nir a'i I 'I T fi'a r.- .l l'i Lew r.te inn no 17T4 H JA 14 12 40a 4 II 4'i 74 20 H'.i 2H3 fil'i m'i 40 4'4 ; Ha', 172 10,i 1U imi 3'i -'H C3 31; 3te 2H 4'i VU r.' l'l i' 7'i ns 70 IS I R.Vi ISO ltie SI'S 2.i ', 31. -i K.7 KM) rsji 1201 llft'4 40 U 4'l'i 01 1:30 T. JI. Ma 18.' 21) 17 tt 8 "A 12 4.r.0 42 4H 7.VI 2t(i UV4 2.'ill CO 1H4 4D e; 4'i 7 3i no IM) 13Vi 172 11 Hi 20 3'i 2's 53 3'i 31n 2U 4'i S'4 SU l'i l' 7'4 1'H 7P. 18 0 K.'i l.M) 100 2)'i 2.V, 31') 100 100 rs: 123 117 -ten 40Vi 01 INDEri'I)K'T OILS . B'i .171 . OO'l : 3U- . 7Sn . 13'i . 2S ! 4flU . 3u . 02n : . nt. 4 1.0(1 . 18 . itn . It's . 2la . A . 3'i . 21U .'l lOOCarib Synd .... 50 Cities Service . 100 Cities Serv pt. SOOCelcmbla Synd 1800 frcole Synd . . . 1000 Tedcral Oil ... 100 IVnsland lOOllllllltnd Oil .. SOltlrnnada Oil .. 400 Oulf Oil Pa (KW Lanre BOO LitlnAmrlca . 800 liwry Oil 1000 Mammoth 400 Marncalhe Oil ., BOO Marland -Mex .. 00MeMce Oil 40O Mountain Pred I1W Mutual Oil 100 New Men. Land 1000 Neble Oil 200 Omar Oil , 1050 U-d DanlH .... ttnti It an Cens . .:. BO Salt Crcsle Pred 3IJ0 Sanulna Ilef . . . 1M0 Swilmard 2U 120(Slmms Pet 13 SIOQpnuth States Oil.. 174 0O0Te.in O & L 30u loeo Turman f, 1O50 Y Oil Se MINING niK I.C'lKH MO ltuan (Jold 2ec Ilia Men Cens ... 17c Omar te Cep .... 2S lfm.lE.)n rn Xfln 111,, t'011.1 N'V Ut.V.) .. 10" Cent Mines I"i Oeiirer RanK ... 3lt C'eit'K Sll 1A C'rc-Msen Geld .... 2w ncati uens 70a DiM.Ie iAt 11c On den Oeld OOe llmni i. nil t i:urek.i Crocs ... Una tie.d Deei Ille (loteneiii nor .... .e tlird Shell Itn 1 1 111 Tet. Nev .... 1,", Howe Sound 2's Indrpcnd Ixad ... 2He .lumlMi list r.n larNamura r.c Natl Tin 27r .Ww i pem 2 ' New It.iy 22c Hay Ilereulfn .... l n Hlrlimiitirl I'nn - Qir Ituby Hand 24e hlUer Mines Am.. lHe Spearhead Ueld ... 7e Teck IlUKhes R0e I'onepah Dhlde ... OSe Tonopah Ext 3)1 Tuelumne 01c I'nited KaBtern, ... 1JJ U H Cent llie I'nited Verdo 27H Wtst End Cen ... li r.',i lfi') OO'i l'i 2 7H! 13U ? iOH 3c 02e 1U 424 14i nt. 00f 17"4 114 3's 21e 3i 21', :i -" in'i K'.'n 3(lc 1 tic 170 Oft'i 1'3 2 7)lc I39i i'S 40Vi 3u Ce .'- 42 ). If.H aw l.oe is nii 3' 21c 12 8 '4 2l'i ife 17 IlOe 1r be loon oei 10MO td'lll 10011 B1lll 1'JOO r,ne 100 If.ue 100 110D Moe Line 50'JII 20(10 BOOf) 100O 4100 10(1 100ft Uillll aefiii 10-ViO 10(1 10.10 lldfl loon lnoe lOilO moo S'ixi 140D 100 soeo den 000 300 1400 r.c 3e 2.'. 2 '-4 2IIO loe 41! 34 Hi 2 '4 ;:. He UOl! 2c 27u 10e 2lu 4e lAi 2'i 2li' f.c ."c 2tc ...t!4 "V'i 2 1 21e 1K(1 7e 7 1c Ofcn 3'i 48e ..12 27 IS r.e r.e 2.'iO l.-ie 2H 2Ue 10IIU l 3S' iff 7.r.e lie. tOa 2a .'loe inc 2le 4c 1.'. 24e .,:?' in 240 IMe ISn 7c 80c CSe 4?iJ ii ItONDS J"11'' Am T.t T fls w w..1O0i 100: 100H ;;''' Am Tei 01 'at... 101', 100 me', J "id Anacund.1 7s '29. .103', 1034 103'i 1'iui) Anaciuida fli . ..mt, ini, n I?''' "!' Am Oil 71ih.103' 10.T4 Hi.'t'i 0')U Armour t Ce 7a..lOIi 1014 10l84 nei) lf..n,.r I fid Sa ctf. ill) 00 111) JI"'" "elll Sltel V '23. ,104'j 10414 104'4 0;Hlei. steel 7 'aS.MM'i 102! 102i V.l,!,ft,..H,",r',' ' 1014 101't 101' "00 J el a h ctf pt ctfs 20 20 20 f'"" u'" lUlt 7..107'i I07'i 107'i ... .'..""" 'fxtlle 8n... (is (I7'-j U7i ;; R'v'iA s? "'4 ..ie in ler, 10P4 iUS KJT "u.'"j! " ?.. ''.. i". 4400ii Dunlnn 'i J 11 r. ..7i r.. ,. "(Miulr llelit 7u .. .. OS).? l.'nii Heed Ituhb.T- 73i. mi. I 100 li,t,.r n T 8 . J17 I'lpn City L P5i OO'i '"OO'i Krnneciitt -! 7a ...lO.Vi t'Ooeniiiu PewnV r,H 11 in Kif.',m '.'w & 1. r,. kei! S)ll. USI3 im'i l'i nei in.-. 101 in 101'i ce'I no hll'i en4 ns', tm'4 07 pe 'a 111.1 101 1)1 i miu SO'i no sn'i 103 10li 1111 K)''i U3S inn (is It!) 100 tl-l'i .'Ill's 103'3 aXiVS'nr.'"'" ''.. W'"i b -: . nrrv . j in.. I ll'l Ieih)2 n v X- l- 2'V-l"' lei'i initj SssSJl!: i?::?SU!8.ait n?.X5W!J' t -' '."'aV. 02H OL'tj lOOOfawItt .t Ce fta. -ai. l)3i ua l'OnEION IJOND.S ijs?. m'?i, oeu 4s . He; Moe h,vles Cem B'as. ,m International Marine Cuts Dividend HwSlWiit'r. 22 Tha International in. 'i Jlly ',1. 'empnny had b"n nay. I'ia5,: ' "" i1"" ""erpu,irl.bne ter . 17 Lri ih"i pil,"l,,IJnt ,,mt "u '"lance Jfesei thH rirt'a.h t':'' arnetl In 1022 ills erat iinVn .T ,ni4t ."'Is .ir lias bueii I he iivu 01 t.ins.rp.'p HB reported, Denies Purchase of Chlcaoe Plant li1J0!l.n(evn. ()., Dec. 22. IlepefTs that nd lt?ui,?i,,?iw.n !i,,";ct B.ni Tut"' fempany Atn.rl?-l( ,. el"! S'ecl and Tubs Company of ky jim.' a c!ir"i" P.nn. w.-m denied ted.y msr "einn.,CalIlPj;,'!l PreDldent of the for. ani TutTt,"' w 1,ave "el bought Steel "ittsd u, St!r- .fiinpt.ll declared, lis sd. Slssl .il rhv? had befcti n ronferencs with t'lir "l Tubc or"-,l" In New Yurie yes- NEW YORK BOND TRANSACTIONS IIlRh 103.02 102.7(1 101. HH 101,30 100, RO ioe.r.4 102.00 101. 7S 101.4O 101.00 10O.8O 101,00 1O0.80 101.80 101.03 1O0.08 100.00 Ilnnea Since Data of Issus DnlK Oct. ln.'ss Oct. .tulv July July July July Jury July July July July July July July May April 19, 2.V22 84. '22 23, '22 14.'22 lll.'23 2.1,' 23 24.'23 2122 28. '22 20,'23 2B,'22 27.'22 20,' 22 1023 822 LOW 80.00 80.11 83.110 83. 81) 81.40 81.511 (10.00 84.00 84.00 81.40 83.BO 8.1.00 82,40 82.41 82.00 04.70 01.09 LIBERT DONDS AND VICTORY NOTES Imtle LltiTty n'ifl, 1032-47 Liberty 8tss, renlstered Liberty 1st cv 4s, 1032-47 t.llMrty 1st cv 4s, registered Liberty 2d 4s, 11)27-42 Llburty 2d 4s, registered. Liberty 1st 2d cy 4!s, 1032-47.. Liberty 1st cv 4'i, 11)32-47 Liberty 1st cv 4'is, realstered .., LlbTty 2d cv 4Us. 1 927-42. .. ... Lllwrly 2d r.v 4!i. leglstered. . . . Liberty 3d 4ii s, 1028 Liberty 3d 4H. rCRlstered l.tWty Ith 4',4R, 1V33-3D Liberty 4tli 4ii s. reslslcred Victory 4, 11)22-23 Victory 44 b, rcxlstered 1 of Issus llange, '22 Date High Lew June 221 103.02 1)4.81 July 1121 102.70 D4.82 May ll).'20 101, OH lir..7i) May 1020 101.30 07.HU May 2020 100.80 nn.ne May 2120 IOO.BI 113.00 June 720 102.00 llfl.OO May 2120 101.78 00.00 July 3(120 101.40 1)3.80 May 220 101.00 01.08 Dec. 2320 11)0,80 113,08 Dec. 2020 101.00 B0.71 May 11120 100,80 1)4.72 May 2021) 101,80 . 0.1.87 May !0,'2O 101.02 0.1.71' Mav 20, '20 100.09 100.02 May 21. '20 100,00 UD.84 High 1UO.&8 08.00 9S.00 08.40 I&23 1)8.08 lOe'.St 1:30 Ijw 1. M. 100.58 lOO.B" Net Chge. D8.0O 08.00 08.22 08! si 08.01 lbb',32 118 00 08.00 08.24 ilft',84 d8.'04" lib! iU Anten Jergeni U Mars W Os B 82T4 B 83 4 83 2 82 1 82?i 1 82H Arge Pep'e 7a 2.... lOOVi 4.... 100 H 1.... 100H Chinese Oeve t It-K Itly Bl 4 fit City Oerd'x Os 1 78'4 1 78tt 11 78 2 78 City nt Copen hagen DHa 3 00 u 00 2 DO City Greater Prague 7H 1 7B 2 75K 2 73( City Lyens Os 1 78K City Mars's Os 1 7S4 1 78i 4 78 "lty Perte AH legre 8s 2 07 Cty nie de Ja ne rle 8a '40 1 07 Cty ltie de Ja Ja nerle 8s '47 2 00T4 City or Sols Sels sons Ol 10 78 li Crecho-Sleva Hep'e 8a 1 80W 1 811 Dept Heine 7s B SOU De Can Es '20 10 094 '1 P0'4 O Can Btt s 20 10.... 101i 1.... 10P 4.... 101' IT!) Can Cs '31 SALES IN $1000) I'ORKIUN tlOND.S 1. O(sale) P2 03 W 02T, III '4 rrtim'n Indust Dev 714a rets 8 (til". Clove't French n 7 Ha rets 3. 1.., 3... 1... B... r... 1.. Qeve't ltepubtle 8s U OS'-i 2 08'i Helland-Am n Line 6a 1 89 4 88 Jap Oeven't 4s 1 81i K Belgium Os S 07 4 D0T4 4 natt K Belg'm 7 Vis 1.... 101 '4 1.... 101 K Belgium 8s 1.... 100H B.... 100'i 1 100i Kingdom Den- mar ct Os 10. 1.... 1..., I..., 4..., 4..., 4..., 1.... 3..., 1..., Dutch ct Oa 17..., 1.... r..., 1.... 3... 3..., 2... Dutch E Ind's ct fls '02 2 02'i Ofti . ens . 09' . (Ifl'i . en. . l'9l4 . t'O'i . mm . POH . 119'j 3 Ind's 47 . 03 'i . 03 Vi . 03 . 03 'i . 03 . 03', 03 04H 04 "4 04&4 OtH W, 04 01V4 Freneh 08 It OS'4 08 ',i 08 ', 09 Si 08Vi 08'i 08't 08'i OHs 01 K of Nether lands Og wl a. n 2 3 6 1 3 1 : Italy 3 08'4 08 'i 08 i 08 , 08 1 U8'4 OS'S, 08'i 0Sl4 OVi Ner I 1 B4 13 12 H 1 38 15 30 Kingdom way Os wl 10....- 00 t 3 09 Kingdom Ner way ct 8s 2.... 112 K B'bs Croats & Slevnes 8 1 71 PsrlB-Lyens M Hall'y Gs 1. a.. 3.. 10.. 0.. 1.. 8.. Queensland Os 1.... 101' 72i 72 'i 72i 7274 73 73 t-H Bell- Republle via 8s I C3U 4 03 3 0.1 U P. Chile 8S '20 1.... 101'4 It Chile 8s '41 .... 103 It Chile 8s '40 0.... 103 Rep Cuba 4 Vis B 82 3 SIei Rep'e of Haiti Os wl 5 0fl4 2 001 B IlllVi 7 00 V E OlHi np'c of Uru guay 8s State of Sse Paule ct 8s E 08 1 08 Swtz'd Cen 8s 25.... 118U V K Ort Brit 1, I BVis '29 11.... US' ,.... 113',i n.... ii3' 7(sale) 113Vi 1.... 113V, a.... 113". H.... 113'i 19.... 1134 1 113V4 U K Cirt urlt t B'4s '37 104 104 lOtVj 104H KU4 114, 104 25.... 104i U S Uraill 7.. 10.. 33. H.. 1.. 80 H 80 Vi 80 8.1 4 S.Vi 811 B a B a.. .. 7(nale) 1 1.. Un'il S Biuill 74s rets 1 OO'l 7(,al- 00 'i 1... . PH'i 2.. . 00 Un'd S Brazil Large "Vis 2 PC,i U S Brazil 8s 08'i 0Si 0Si 0!i OS'i 08 H tiS'i U S Mexico 4s B 30V, 1 30't U S Mcslce Bs 1.... 102H DOMESTIC nON!)9 2,1 97 2.1... . 07 Csale) 07 B (Oat) 07 'i .1 (lint) 97 'i 10 (flat) 07'4 1,1 (flat) 07 20 (flat) 97 .; 58 (Mat) 07 V4 30 (Hat) 07', 10.. 1.1... 10... 38... 10... 10... 07 07', 07 li 07Vj 07 4 07 U 97. 07S 074 07 S U S Govern t 4 'is rets 8 00.00 1 09.80 1 09.0 30 09.92 0 99.0 10(flnt) 09.90 4(salc) 99.00 4 09.80 100 00.90 101 99.90 50 t'9.00 American AST Chem'l Es 1 094 Amer Smelt a Itefg Cs 7 03 B OS's 1 t3 American Sug Hef's Gs 5 51 Am Tel & Tel clt 4s 3 01'4 10 01i A Tel & Tel 5s 2 (iS'4 2 08, 3 98'4 3 9K, 2 OSW A Tel 4.T0I Os 10... 0 115 1 .. 5. . . 1I5"4 Can'ai . . ...... r. AKirr 11 aiei Works Bs 2 81 Armour 4V4s 1 89',; fl b 7(sale) 89 ?h T & S Fe adj 4s 7 82H At T & H Fe cv 4s '09 1 SHi Cet't of Oa Os B 81i) 1 09T4 Atch Tep'ka 4(ctl Pae 1st 4s S Fe 4s 3 S7 B Snlc Paclde Short 1., 11.. .1. , Broek'n Union Kiev 1st Bs 1 834 Broek'n Union Oas 1st S .... 00 Broek'n Union Ciin 7s '32 10 103 Camagucy Sug Inc 7s wl B 074 Canaern Nth'n G4s rets 3.... Ill, Ill's IIP. an Psc 4s O'i 1... . 70 'a 1 70S 2 70S 1 70S Ksals) 70' Canada S'n Es 1 08W Care-a Clinch field & O Bs 2 02 0 92 1 b9i A Coast L clt 3 82 Atl C Line 4s 1 80 3 89'i Bait A O Sh B. ... 03 1 (roe) Pl't B 03 Bait & Obi' 1 79'4 2 704 C(nule) 7UH 3 70 2 70'i 11 70 U ft w cv 44s 20 (flul) 80 20 81) B 80 5 79 20 81) Bait A Ohie Bs B 83, 1 834 3 83 Bait A Ohie lis I.. 5.. 5.. 1.. 1.. 0.. 1.. B.. lOOti 101 1004 101 100 '4 mi 101 1(M'i 2 101 n & e r 1. c t W Va, 4s 10 77 1 77 U Unit A Olile H West'u 3'4s 1. ... 91 Bell Telephens of Pa 7s 1.... 108 1.... 108 1,... 10NV4 1 ... 108 1.... 108 J . 108 lJctli bteel 1st 5 . . 90 Icllile'in Htcul Cs of '30 1 02'4 lleth Steel Os I I'S 3 US', 1 98 HrwVn Cep M Ceinp'y Os 1 08 II... . 09 HKn Ed I Ce Bs J.. .. 97 I... . 07H Rim Hap T 7s 1 h7 Drier II Steel Ce 0',is ll l'7i OT u.V... 15.,,.. Line 4s 1.. 83 C'ere de Paa'e Cup r 8s 5. .. 13.1 : A O cv 44 s B Ml 1 89 h A O cv .V IS P4'4 1 1't'i 2 . .. 91a Chi A Alt'll 39 2 52 Oil A Alt 34s 5... . ':3 0. 23 Ksnle) 23 hlitage A Wa Indiana 4s 3 7.1 3 7.1 1 7.1 Ksale) 74 C A W I 7'i s 1.... 102 Chile Cep'r Os 1 nn 10 en 3 en Chile Cep'r 7s 53 113 Clev Cln Chi A St L Km 4h 1 80i Cl'd Cm Chi A St Leuis Oa 1.... 1014 llne H L 44 1 90 Cole A 3 44 s 10... . S0 Cetrd Ceal Ce of Md 5 1 SS'i Columbia O A Elca 1st st'd 8 00 Cem Otitis 4h 10 744 Cemp'g Tab A Recerd's Bi 7 074 Cuban A S 8s 1.... 107 1.... 107 1 107 iCumb'd Tel A Tel Bs 1... . 02 Del A II 5 '4 s 5.... 101 1.... 101 Den A Jt CI 4s 2 72V4 Det Edl C( '40 3 0.14 DIs Securities ct Bs B 49 D de Nemours Pwdr 7V4 a 1. 1.. Duq 1.. I .. 107 '4 .. 107 Light ls . . lOO'.i .. 100 . . 100 . 100 Eastern Cuba Sugar 7'js II.. .. 90S 1 1)0 1 97 Empire ass A Fuel 74 s 1 Ot 1 01 1. ... 91 II 03 I.. . 4 rjhl H A Q cm, Erie Oenl Lien 8b 1. A Chlcaerf H Q II 34s 3 814 Chi A O 1 1.... 100 Chi II A y Os 5.... 10H4 Chicago A E'n Ills Bs '51 B 80 1 80 Chicago Mil A St P 4s '34 10 Bl'i 10.. . . 5 1 30 544 Chicago Mil A St P 4s '2.1 1 .... 75 1 73 1 7.1 HI 75 Chicago Mil A StP cv 44 s 2 03 2 13 03 111 0.14 I3 113 03 A :t. 10. 1. 1. 10. Chicago Mil St P cv Bs 2 0.1 '.' 11.11'. Chicago Itall- ways Cs 1 77 3 77 1 77 Chi neck I A Pae fd 4s 2 83 1) 831 2 834 2 83 0 83 Chi T Haute A 8 K'n Os a,.... 70 1...... 81.. 3.. .. 43 Erle ItR cv A ... 424 Erie ItR cv II 15 02 Erie nit cv D 5 42 .Erie nil Ce 4s I BB 4 .... flet, 1 55 Erle It 1st en I. .. 103 Oene'l Elea Bs 1.... 100 idene'l Elea Os 1.... 10,1 a.... 105 O'en'l Refrac- tiirlcn ct Os 1-- .. l'8b 2 OSli Uoedrlch 11 F 0n rets 1 10H4 1.... 101. Geed) ear T A Huu'r '31 10 98 in 118 2 0S 3 0S itloedjeor T A llub'r '41 1.... 111 1.... lit Clr'd Trunk of can Os icts 1.... 104 1.... 104 1.... 104 Or'd Trunk of uanada 7s 2.... 113 1.... 112'i 1.... 112'i Great Nerth'n iUll'y IhIs 1 00 2 00 Great Nerth'n Rall'y BV4s 1.... 102V4 I.... 10314 Oreat Nerth'n llall'y 7a 10.... 10 Hersehy Cho colate Ce fls 2 07 1 07 2 07 3..... 074 7 07V4 Hudsen A Man In ej Es 1 01 7 0H4 3 014 8..r.. flHi B 014 Hudsen A Man fd Es 1 84 Humble Oil A Itefg BVis 2 09 B P7T4 8 08 B 07'i fi(sale) 07 74 2 08 8 08 Ills Ctl fd 4s 1 87 1 87 Ills cen 4s '33 0 81 1 81S ins cen'l Bs B.... 101 2.... 101 Ilia Steel 4V4s 1 Pl'i Interbore Met 44.1 10 0 Intetbeni Met ct 4 ',4s sta'd rn. 0. in 1 2(1 10 Interobre Tran fd Bs 2 71 Of, 0 O'i in 10 1i), 10 rtar 0... 1... a... 2... 71 71 71 70T4 7074 4 71 Interobre Hap Tran fd rt B 71 1 71 Interobre Hap Tran 6s wl G 72,i Interobre llap Tran 7s n 1 09 0 04 Intr'l A (Veal N'n ct Es 20 03 Intr'l A Oreat N'n aj Gs wl IB 49 lfl(sate) 49 0 49i B 49 1 19 I M Marine 0, B 90 0 90 1 en 2 89 Int'l Pap a Bs 1 87 Int'l Pap I) Bs B 87H Iowa. Cent') 4s T 37 Knn c rt 3 A Memp 4s 1 78 Ivan City Ter Hallway 4i B 83 e ij'I Kansas Gas ns 1 00 7(sale) 90 2 (flat) 00 7 (flat) 90 1 (Oat) 0 2 (Oat) OD'j Kings County Elevated 4s 1 70 Lacks.' a Steel Bs et '23 1 0974 Lacka'n Steel Cs of 'SO 1 00'4 1 00 Laclede. Oas C et St L Es 1 0254 Lake E'O A V 1st Es 3 05 Lake Shere M H'n 4s '28 1 03 x.axe n.inrc ik jfi'n 4s '31 1 I'Z ' , 1 02 2 02 1 03 Lehlfn Val 4s 1 81 , Vel en 4V4s 10 l'0t 11 90 L A Myers Bs B 08 1 99 L lid H Cs '37 Leuis A Nash ville EJis 10.... 1041 Le A Nash 7s l(sale) 108 La A N W Cs 5 77 Magna Copper Cnmp'y 7s 2.... 110 Manatl Sugar Cnrap'y 74 s -3 97 Man Elev'd Is B 02 1 02 Metropolitan Edited Gs 1 08 1 90 Mich Ct'I A 4s 1 01 News for Investors Thr New Yerk Stock Kxchange has nilmitteil te tntiliiiK (lip right nt the Public Service Corporation of New Jersey. TI10 Tnterhoretigh Ilnpld Transit M'ccial meeting of stocklieldprs schi'tl tiled for teduy hits been postponed te December 18. Directors of Grcyleclc lills. North Adenis, Mass.. have reeemincndeil that the capital stock he increased from $700,000 le .?MOO,00O. UirecterB of the Kensington Trust Company declared n seml-nnnuiil divi dend of (1 per cent, Increasing the 1111 nttnl rate from 10 te J"J per cent. The nverage price of the twenty nctive Industrials mlvniicerl 0..'5(i per cent yesterday te 1)7. SS, nnd the twen ty railroads advanced O.O.'J per cent te 8.J.24. Tile Brooklyn City Bailrend Com pany for November reported 11 net cor porate income of $1157,7(13, compared with ne. corporate Income of $S0,149 for November. 1021. Pennsylvania Ceal nnd Coke Com pany stockholders approved the increase in cupital from ?7,niMi,000 te $12,000, 000. Ne action en n stock dividend has ,et. been taken by the beard. March 2 is the date lixed for the special meeting of stockholders of the AVestlnghouse Air Broke Company te vote en the proposed increase of from SeO.OOO.OOO te $30,000,000 in nu nu tlieri.ed capital. Wheeling nnd Lake Krie has applied for permission le pledge Sl.'l.OOO te funding T) per cent bends n collateral for a short, term note for $100,000 te Guardian Savings and Trust Cenipnny, et t;ie eland. Directors of the Berkshire Cotten Manufacturing Company, of Adams, M.iss., hnve called n meeting of stock holders for Deceuiltcr 26 te ratify nn increase in capital stock from $2,,"i00, 000 te $."),000,0(I0. The adjourned meeting of the Kdwnrd G. Btuld Manufacturing Company stockholders for voting en an increase in cupital from $S,7."O,000 te $ll,4!)S, :i0l) will lie held .Innuery 10. The proposed increase in capital is le be in preferred stock. KnruingH of the Nnllenal Biscuit Company for the current year will show a decided betterment ever theso of 11)21 nnd will fully justify the $.'t dividend rate established en the new common stock, according te 11. K. Tomlinson, president of thu company. Profits of the Uejal Bank of Canada en operations during the fiscal year ended November .'Ml nre reported as $3,058,409, equivalent te 10.40 percent en the capital. The amount carried forward te prellt and less account nfter disbursements was $1,007, .r14. As a forerunner te nn offering of a block of common stock of Fleisiimunn Company in tin' near future, it wan announced by W. V.. Mutten & Ce. that a block of the hhares has been offered te cmplejes uf the corporation nt $2," en a partial p.i.vment plan. Stockholder of the. Pacific Develop ment Corporation took no action in re gard te the 'imposed reorganization plan rallinc for the financing or tin tin Andersen & Meyer Company, Ltd., n subsidiary. Tim meeting was adjourned subject te the cull of the chairmnn. Net camliiKS for the nine months ended September !'0 of the Moen Meters Company nre placed at $5Ti2,12(l, which, after preferred dividend, Is equivalent te approximately $.'1.50 en the common stock. The corporation's January pro duction schedule Is for 1000 cars. The Iteynl Dutch Petroleum Com pany has brought in n well with an initial cirpueity of fiO.OOO barrels daily en the Santa Barbara tract of Vene zuelan Oil Conivssiens. Ltd.. near the town of Ln Knsu en the eastern side of Lnke Marticaibe. The well Is under stood te be about 1800 feet ln depth. Mex Pctr'm 8s 1.... 109 10....- 109 T.... 100',4 n.... 109 14 3.... 109 24(sale) 10014 M StP A S Ste Marls 4s 2 88 M Kan A Tex nj Cs wl 2 0014 1 004 M Kan A Tex Bs A wl 0 83 51 Knn A Tex 4s II wl 1 08 3 04'. j Me Paclfle 4b 1 024 Me Pac Cs '05 1 80 Me Paclfle fls 28 984 1 08 2 084 M A O St L A Carle 4s 1 88 5Ientr'l Trnm- ways Ba 2 ... 88', New Engd Tel Cemp'y fls 5 0874 15 09 8 99 N Or'a A T 4s 10 704 N Y Ctl en 4s 23 81'i Ct'I 44 s ... 88 C'cnt'l 3s ... 0 ... 07 ... 07 ... !)7j ... 97 Cent'I 0i 104 n. E. IB. 10. 1. Nth 1. 3 N Y n"y' 10.. c. 1.. 0.. 23.. N Y 1.. 1.. 3.. 103 101 10t 101 let Edl'n 1 N Yerk 0is ret 1.... 11" 1 110" N Yk Light II A Pwr 4s 1 83 3 83 N Tk Light II A Pwr Bs 2 00 1 99 New Y N II A II Is 'SO 1 50 New Y N II A Hart'd 0s 1 09 1 09 1 09 1 70 New Yerk O A Yvest'n 4 s 1 C9',4 N Yerk State RIya 44 s 1 0fl; New Yerk Tel fls of '41 10 100 1 111) 1.... 10.1 1 10.1 7(sale) 103 1.... 100 1.... 100 1.... 105'i New Yerk Tel fls of '49 1 ... 106) Norfolk A Wn cv (is 20 1134 N A W Pece's Ceil Ce 4 5 874 ... 108 ... 108 . .. 108 . .. 108! ... 109 H Pnr 5s . ... 02 92 North West'n Dell Tel 7s 1.... 107 4.... 108 Ont Pwr Nlag Falls 5s 1 00 Oregon B L 4 B 2 Orc-XV It H A Nnl Ce 4s 5 81 Otis Steel 7h s rets 2 03 Pacific (las A Elea Bs 1 02 Pae T A T BS . 97V4 Paclfle Tel A Tel fd Bs 10 01 Pan Ceupns 0, 1 0314 Pa It gin 4is 1 02'i 1 02'4 1 02V4 Penna It 04 s 2.... 11074 4.... 11074 2.... 110 Penna H It 7 n.... ue B.... liny, l.... no Pee Oas Light A Coke Cs 0 02 Pere Marqt Bs 5 904 0 90l 1 90 Phllad'a Cem pany fd 0s I..., 100 J 0074 Pertl'd Rwy A L Es '42 3 89 Readlns Ce 4s 1 81 4 84 C 85 Rem Arms fls 1 93; St L I'n 5It A S niy 4e 10 8 B 8774 1 89 St L I'n Mt A S'n Rly Es 1 09 StL I 5It A S R A O dlv 4l 1 81': 1 8t StL A S Fran ndj Us 7 4 StL A 8 In Gs 1 StL A S Fran Series A 4s 1 7074 10 70 StL A S Fran Series H Bs 1 8.1 2 8.1 StL A S Fran Series C 0s 11 OS St L A S Fran Serles D BHs 1 .... 93 StL A li Fran gen' I 5 1 934 StL Swn cv 4s 10 77 I 10. E 08 Sinclair Pipe Line Ce Ba 2 88 8 884 Hsale) 8874 1 88j B 894 Sn Pae cel 4s . 84 . 81 cv 4a . 02 . 02 . 024 , 024 fd 4s , 87 87 70 707t Fran B8 Hn Pae B.... 1.... 1.... 1.... Sll Pae 1.... 1 S Perte It Sug rets 7S 2 83 Sn Hallway Is !.... 0i, 4 08 Sn Railway Ba 7 et B 07 S t7 Sn Rall'y O'i a 2.... 101 22.... 101 11.... 1007', 2.... 101 2.... 101 Stand' d Gas A Elee Ce Os 1 00 Stand'd Oil of Calif 7s 10.... 100 10.... 100 B.... 100 Steel Tube Ce of Am a 7s 1.... ten, 1.... 101 Tenn Electric rower Cs 03 7(sMe) 03 fl fl 1 91 Third A rcf 4s 1 ". Third A sj 5s 2 50 2 50 Tel Edisen 7s 8.... 107 B-... 107 Ul"t A Del .Is in.... 00 Union TenK-C Cemp'y 7s !.... 10 3 101 Unl'd Drug 8s B.... 112'i f 8 Realty A Impv't Cs 1 00,, U 8 Hub'r B 1. 1.. C S 1.. 13. Unite S8 ... 89 ... 88 ... 89 . . . 88 Rut) 74 s .. 108 .. 1084 d States Steel Bs B.... 102 1.... 103 10 102'4 I 102 Utah Light Bs 1 87, Va-C 0'ct 7i 1 9574 Va-C Ca 74 s r. S3 1.1 81 Va-C Chem cv 75 s war'rt 1 00 7(sale) 90 X'a Rwy Ce Bs 1 07 a Railway A Power 5'4s 1 084 Warner Sugar 7 Ce ct 7a N A Edl'n Ce Se.ib'd A Line 3. .. Cs rets sta'd 4u West'n ft 93 i 2 B4 1 3 n.v.iSeabenn! Air ,W Pac Ksale) 03 Line ndj r.s fl(sale) 03 7 22'4 1 (flat) 03! 1 22 N Pacific 11 3s Sinclair C Oil 1 01 N Pacific R 4s 4 80 9 80 N Pacific It lis 1.... HI874 ' Cerp 7s rets 1.... 101 1.... 100 11.... 100, 1.... 100', 2 101 1.. 1., 3.. 1119 ins Ks Sinclair Crude I i", O r -1 tLm 2 0SH 1034 Md 4 s . 02 1st 3s 1 81 1 817s Westlnghs'e E A Mfg 7s 1 1071 Wlckw'e Spnc Steel 7s 1 04 1 Ot 1 fl Wilsen Ceni- pan'y 1st (Is 1-... 101 !il ll lil I.I I TWO KINDS OF INCOME TWO Investors own secur ities wbichratcthesameas te $afty of principal, income) and lalability; one receives an irregular Income, while the ether receives his income pe riodically month te month. The advantages te the COUPON EVERY MONTH investor are obvious. Can we assist you in ob taining regularity of Income? Graham Roberts &. Ce. Investment Bends Franklin Bank Building . BUYING IS AT LOW EBB Lull Following Christmas Rush Will Continue Until Turn of Year General buying, except nt retail Rlercs, Is nheut nt Its lowest ebb, and will contlntte no until nfter the turn of the year, according te (he weekly review of trnde for the Philadelphia district by H. G. Dun & Ce. Hctall sales are fully up (e expectations and glve evidence of exceeding the holiday period n year age. A resume of business for the Inst yenr, It Ih predicted, will bIiew very tmbstuntlnl Improvement ever previous years, and has been the best since the war period, The review, continuing, gees en te say : "The wool markets nre rather quiet nnd there Is very little disposition en the part of manufacturers le take en additional supplies. Values, however, are llrm, and it li expected nfter the new jear there may be a hotter dc innnd. "Shire the 1st of December there hns been u decline in the demnnd for cotton goods. Tills, however, is believed te be due principally te retail merchants lies itatins about making purchases for spring owing te ttie advance ln cotton piece goods. Purchasing of cotton yarns inis been reduced te practically n minimum, but after the first of thu year there is expected te be n strong demnnd for the liner numbers and grndes. "Manufacturers of clothing report nrt lncrenac for the last month, but sales for future delivery nre about normal for this period. "Clenk nnd suit nnd skirt manufac turers have only u moderate trade, but there Is fcome Improvement Indicated by recent sales for holiday trnde. "The leather market continues dull. The demand Is small for nil grades. Hides are accumulating jind prices nre weak. "Glazed kid Is ln moderate demand, hut price of raw materials holds the finished product prohibitive for ether than manufacturers of high-grade foot feet .wear. "hoe dealers report increased sales, but goods are for Immediate delivery. Substantial orders are being placed with manufacturers for spring delivery. "Trade continues active In the man ufacture of electric fixtures nnd elec tric supplies. The volume of business shows approximately 20 per cent In crease ever the corresponding period last yenr. The outlook from the stand point of demnnd for next year Is en couraging nnd Indications nre that the demand will creat ndtanre in prices. Many manufacturers in this line nre claiming that recent and present prices are net In line with cost. "Producers nnd dealers In cement, snnd. brick nnd kindred trades nre in receipt 01 large orders nt iirm iiricca. The open season hns kept building op erations nctive, but there is niitlclpnted n temporary lull ns certainty of winter weather approaches. The coming year is expected te show still grentcr activ ity than the present. Shipments of material tire net yet In satisfactory shape, hut there Is home Improvement. "Heavy chemical and dyestuffs ure in fair demand , prices llrm nnd prospects encouraging. "The paper market continues te Im prove. Seles are Increasing, although buying la principally ln small lets for Immediate needs. Prices are inclined te advuticc." P. R. R. Shareholders Increase The list of Pennsylvania Hall read stei It holders Klumcd h khIii ilurln thn nietilli of November, nfter night co"-- iitlvu inunt n of decreases. Total en December 1 uhm 130. tiy'i, uii Inrresse of 505 ever Ne'mbr 1. but a d rease of 3701 from Iicremlx-r I, 1021. With the dtllne In Pennsylvania shares from Bn. which was touched Inl Inl lewlnif tin, ri-etoralleii of thn ijuare rly dividend fiem 1 te l't per rnt, odd let huylnir again berame pronounced Stock holders ten. hed thi-ir !'sk en March 1. 1022. at 141,021. Avcragu lieldlnx en D enmbr 1 was 73.0.1 shares, as rnnipnri.il with 73.3." en November 1 nnd with 71 12 en Dec-mber 1. 1921 Distribution of "te k with comparison with year age fellow-: I'ennsylv'an n 17 52 pr cnt, Ini return 2 39 per rent. New Verlt 23.10 rx-r cent, 0 i rease I SI cent, rte tjr ren terms cent. LONDON 8TOCK MARKET p Repurchasing Improves Oil CI reup. Dellar Descriptions Featureless Londen. Dee. 22. -- The sleck cxJ change markets generally were stagnant today, anil the attendance In the house) continued small, ltcpurchnslng caused nn improvement in the oil group. Iteynl Dutch was III, Shell Transport nnd Trading, 4 ll-HJ, nnd Mexican Kiiele. " 7-1(5. Heme rails were euiet nnd chnrscfl in' prices were mixed. Dellar descriptions); were featureless, around previous levels.: Aruentliii" rnils were hni-dcr. Thn clU mIi'ciI division was Nteailv but idlej French leans galtud gieiind in t-yinpntltyi uilh l'uriM. Seme industrials displayed firmncfs. Hudsen's Bay uns 7' . Rubbers held well, being helped by the crude article.) Kallirs, wlille quiet, were mere staple. Cllnchfleld Ceal Decreases-Dividend New Yerk. Dim 22 - I'lin nim-hfteld Cent' Corporation has di" lare.i it iiivldend of t 1T i mt en tlie ininiimn. pnvalile January 1.1 te ste.'k of record J muary 8. en Heiw tetnln-r :id i. f!lvid,-tiil of 3 per cent was! paid en the common nt. New Verlt 23.10 p.-r cent. n" " TUI ' t SI lr rent NVw Enifl.inil U W tr 'H'c"d"t 17 H t leLr-ai". 0.5.1 i-r cent femlirii !'' I H ""f", MS, '' nt. ln.rn.ie., 0.78 per cent, and s.h'- ",'',.,,' "i JwcTal 13 72 ,k r cent, decrease ("0 i , .jV mwnln. in"t f ,!.. T tf 41 Uf IV i.1,1 Jl.F.l I a r.. .".- .1 t -. ...-I.I .Hurl., ,,. rtnm r.nnnn-i.l Claicncn K. htreit Intimates that Turkey i nan te tieip i.nviini minor miner devuKd te Foreign Nawn , i Miatciiea or in, nature- the 1'LiiLie LBDOia. "Make! It a Habit " Irfv. eAre Yeu Interested in Securities of the PENNSYLVANIA RAILROAD SYSTEM? DID YOU share in the consternation when Pennsylvania was forced te cut its dividend from 6 te 47 ? Did you share in the relief when Pennsylvania restored its dividend from 4 te 6? De you knew hew the Pennsylvania Railroad has grown te be the biggest system in the world and yet owns practically no track outside a single state ? De you knew what parts of the system are owned, what parts are leased, what parts are stock-controlled ? De you knew what lines are Pennsylvania operated, what lines are separately operated? De you knew the full damage that federal control did te Penn sylvania and te what extent it has recovered? BARRON'S THE NATIONAL FINANCIAL WEEKLT will publish a series of three authoritative articles, beginning next Monday, telling the story of Pennsylvania, its leased and controlled lines, from the beginning te the present. The articles will include an original full-page map showing the actual ownership of the different parts of the system and an ap praisal of the position of all important stock and bend issues of the different companies that make up the system. Wace your order early with your news dealer If you prefer, send $1.00 and wc will mail you direct the next six numbers of BARRON'S. If the Pennsylvania articles alone arc net well worth the dollar te you, it will be cheerfully refunded. Editorial and Business Offices of BARRON'S 44 Bread Street, New Yerk City In Continuous Busmen 80teaaMm MOVER 6COV IIankbrs & Brokers Ml Cti4,rrntTt Rtrwt RIRlWRKtBBMBntUIBBBkWtKBKBBnUUnKnB'i'nm' IM"''',sssijafjsjsjssjssssssssssass fc''SSSSSSSSBSSSSSSSSSSSSSSSIMBSSSSSSSSaSSBtSa)BaSB 4! &' Amcr.Rri. Lynchburg & Roanoke 5'i 1930 Wilmington & Cheitcr Traction Ci 1923 Indpl... New Cutle & East. TracG's 1932 Hetel Tratmere O'i 1927 Coniel. Traction of N. J.. 5'i 1933 Montgomery It, Water & Power 5'i 1943 Public Service Cor?. N. J. All lnuri SAMUEL K. PHILLIPS & CO. Members Philadelphia, Bleck Exchanse S07 CHESTNUT STHEET Safe Bends for Investment Halsey, Stuart & Ce. Inc. Uarf-nttaBUa. TeJstsa. U 74M KEWBURGER. HENDERSON & LOEB Members New Yerk and If There Is a Market We Can Find It We held sales of stocks and bends every Wednes day, charging SI.50 en trance fee for each item. Our weekly catalogues and post card eervice reach every mar ket. We tahe plcasure in furnishing quotations Barnes & Lefland Stock ItrMers nnd Anrtlenrere 147 S. 4th St, GEO. A. HUHN & SONS Members et the Phllsdulplila, 1,'nw Yerk ana Chlcure Stock Lxchanitei .ifiv,P.rLCet,m Eiehanire STOCKS ct- HOXDS liellevue Court Jiblff nil Walnut Bt. i i nrniinvii v .. IB) 1. , VV V "'""n,"vurcvrrle,t a dellsr '' "fi,r'rc'Plrintere,tennecurlr bought of S. V. Strau, cV Cn.t W,l.. ! our booklet Q-2 and learn the rcaten why. 1SS iv-im. S an0e Certifled Public Accountants 1512 Walnut St. Drexel R.,:m; pi.:i-jil:. - ", 41UUJy44U He AWw Will Learn WIEGNER.ROCKEV&CO. S.W.Straus & CO L HAROLD TEEN ; : ' " ; r )!( sSVJ il i.y. st1 yj .4j . i eiM eLCCtratc cequMCj i?j'l loi.fYeiaert.-i ber ?t " N 1 r": ""j-I- 'J7:" - "-T- ' -"f ( ideM - POMMV I MmeiTA ) i r I "TK'oeetiM A TX;D& eP I Veu Fbofa-BiaaBe - beMT Veu ""''- 3 -rftoe6HTo(TM.T J i k ft etecTaic cccue f Mcu, in Vbe 6ive wac. ti4at Sg& W vflU vJThaeII5'5- V BCFctC,! r ; g? V Me I FOB, I ieujL -pc TfTEW f HriS6. DESi W , ss - J 09K : $m 11k f rU3Li HeC-,JL"sJ AtftiM7 I L jf Vup' F ' !( ' ij .. I ,3 WSm 3' IBntl I J c:r t 1 a4SaaaaL J i V 41HH ' asaaV -!(- f.iSlf ' -J a " . i " - 'I (4ZO tt . " IL 1617 Walnut btreet, Vhiladelphla 4-V. i nnnnntinrmnrinnrinnnnririrrnnrirrrm M AIM . 1 "nun, ra w 1-2 i w-vi in ana jji vu-'AIN x c- c c c C ..-JA f r.Lt. 1 . c -vriifnij f-TUJuisicceunianrs p C HNANt-t BlltDINt, Pun Ann nuiA titiUiiuubUuLUbUUbuuIskUibbljUUljUtililil HORACE P. GRIFFITH J?. rn n ! . """" s-W tcrunea t'ublic AcceunlaaU ........v,, 1IL ll.lll VI! 1. 1. ,,...,. ,....- - - --. II.1UUC4 4- tlriffnn c. I A i "' w. -. 4-. A IIjih .1 Wir I' I 1 Lkk EDWARD LOWBER STOKES & CO. INVESTMENTS 20 Seuth 15th St. PHILADELPHIA LEE, HIGGINSON & CO rstablUlird 1MI HEW YOIIK nnaTnu uua.u,, .,4.,, juiut mifDAnrt 1306 Finance Uldg., I'hJbdalBklai 1 M .' ' ' ! ; ! ' I I ' (il : . 1 m
Significant historical Pennsylvania newspapers