wwwWT ' v .. v , K - j- .yijrii ,-. '' .. ,,,, hflli 'ft''cyWtf VtJ - MVm?iP!v I ws? I ' 2i - EVENING PUBLIC LEDGER-PHILADELPHIA. FRIDAY; DECEMBER 29, ,1922 ' w V I ''Siiul i p iwh i.srt i-. Elf!! &: :. . i 5 h ( f .f A Fixed Income t Over 6. It !s a well-Vnewn fact that bends of equal security and with the same coupon rate frequently sell at prices that vary materially. Fer these whose primary consideration is safety of principal and income, it is possible te select mortgage bends protected by estab lished earning power at prices te yield from 6JST0 te 7J4tf. , Wu tcill en reijMat he plarl te tubmit miireafieiu Hemphill, Ney es C& Ce. Mtmhmri New Yerk Stock Exchtnf Franklin Bk. Bide., Philadelphia Vnr Yerk Hrntm nitt'mera ritt.hurch Albany tlrlilcu'.-r: !i ronten tlirmuin City of Hew Oaslle, Pa. Scheel District 41 z Bends Due Jan. 1, 1931 te HMO Prices te yield 4.10 Circular upen request Harris, Ferbes & Ce Pine St., Cor. William NEW YORK PHILADELPHIA OFFICE Widcncr BIdg. Telephone Spruce "(MO PENNSYLVANIA STATE TAX REFUND BONDS NETTING NEAriLY 7 ON THE INVESTMENT 525,000 KENTUCKY &. WEST VIRGINIA POWER COMPANY FIRST 7s, AUGUST 1, 1950 PRICE. 1 AD INTEREST $J0 ece PENNSYLVANIA -OH IO POVER A. LIGHT CO. FIRST AND REFUNDING 7 ,1 NOVEMDER '. 1940 FRICE, 10C 2 AND INTEREST Vcf -an(ri7 urn ' ri'l- '0 r'ic" bends vv.r tu m' -ry; chat Qn n ruli .Q-,c. RE1LLY, BROCK & CO. 306 CHESTNUT ST. PHILADELPHIA w iMtwftirr4iMOB4gMgwLajiiatf4iuii'iiiiiMiwiri.i. '-.! r;ti I ffcilJ ev2 rf 11 0 7, m-':, r , ii- We eHer J'ne TJurCiern Ch'e Trjttun e.id Light Cr"-any General ani R-fu- J "z ertgaije Celd pei.di, Scr.ts A. f' rt- r 9 and arrruei! intvrrit TheF-l;enal C'tv Company I'hlladr plm- 1117 C .stt.ut St Atlantic City Cha firtc BlatJi 1223 nenrriwa!! ... ...MP. M 4UK-a4t7vTju-jnwwit7lr-MwcnrmuTw(n4fln TU WE WILL BUY Durant of Del. (Escrow Stk. ) FOR SALE 100 Rolls-Royci pfd. 'i 48 50 H. H. Frar(in Mi?, a 371 S 11 'l c, ) 4pi-i j 1 '; ,i . . ., !, R. B. KATMAWAY &. CO. 20 Na.niui St, New Yerk Ifli 11I1 ,ru lulin ."iilli W Active Markets Jtxnj CiH, Urbrlfn A Pal 4.1, I9t3 Ketlriky Fraction & 1 (r. Si. 1951 At!-ta W & C Pr Si 1913 Wilsun.tun Cm i. 19t1 NEWWAi.1., GfteSS JJl'III ' .' '1 . il ,u REAL F. I'.TE ThJeT CLDQ PHILADELPHIA ennnnnnnnnnnntvirinnpnnrinnnnnrTTmn AAAINn.ul COMPANY fl CcrtifuKi IhtbljcAcceuntants Tinancc rvuiiniMi PmLMitiPMiA a fcLUL.bLUbuLiUUubUl.U.UUJDn'aLbULLiUbL) EDWARD L0W3ER STOKES & CO. INVESTMENTS 20 Seuth 15th St. PHILADELPHIA IV Ih . :5..su.m33 try V JL U j CASH SALES WERE READILY ABSORBED Satet 100 sne 1100 1030 4700 400 201 100 W0 700 mi Number of Streng Spots in Beth Industrial and Rail Divisions TxVw '.erlt, Pee. 20. The (iWn ti'n en in city nf tln market wn.s i'lit In mi unusually severe test ted.iy in .-iritis f'i" tlie j-nnnvj flood of cash t-nles te rveri1 lnnse-4 iiaiii't Inenme lax returns, It came throws!) tlie or deal with llyinif colors. Tlie readlncsi wi'h which lysc tranaetIeii3 urre dl gctvl Miriineil both oleinriits of the trading centitnicnt and took thi wind out of the vjnls of the teru'tienary imrty who were iIItoseiI i fellow up ji-s-tenby's deprcsslm; duties. T93 200 100 200 100 2410 J00 100 100 600 1200 H00 100 ' 10M 100 1C0 1103 IG5.1 300 1 200 100.1 810 4300 1300 500 ..01 605 TOO 1 .1 50 700 211 1)00 K0 200 13001 3H0 rn 100 1200 300 100 100 100 2300 TO 1200 ID 100 311 405 3910 00 210 100 19510 00 213 ." 11 1.11 ,-11 100 i usii pairs were fm" both the Ions mil Miert iniiint nn.l cuum-iI only fractional dinner fro:n last nlslit'8 dosing iuiitntiiiiK The manner in which tin- main body of 'iterlts --feed up wim made; tli" mero iuuircsshe l)i-in)ii ei the interruption te wire eniiimiiiil eniiimiiiil itiens by tlie storm, whtt.li re-tiieted nit'ldi' 1;is.iiis ('Dli-ldefabU . ' lien rr.Nwed of tin." pre mre prices j iniisiiei u k1(U i.ti.ii, i iiiu'm' u,rtii:, t.ie bnl.T'fe if the nnuniii w.th u Tijipi, in" aboenco et rxetu Mn'etii'M--nr f! K tnaiMiis in $ tim nf ti itmre 1 op ilar t i ui.uue i.im itii. At a ivs.ih. the market sraduallv iismiiiuM i Mere iiiirui.il tiM""t, a enough the I k tieriti mn.imert entniunl mere- r i -s ,uij This wnt boeui-i' , ( it,,.1 "("ei'il (inJ'tii'H nr pteiniscd dCM'l-i 1 i' " III (vll'lVlllutl Ullll tliese - U !'' (1 i-s.ji s Se. 'lljthe iitvpf t!.(cd s-igny of; " n.i; in ti,.' dividend tuiiii.; 1111 I l' f ! neil r.iilren - 1'hIimJm, St. I..111 : I WVt'iin fi-.tt'irei the littr Blimp .1 'i .01114 mir I ;.(. nt.t (. 1 the i- it S. 'iMiiit ut the 1 ,i ri r "." tie- V.iii 1 op'.i line-. I'he St. l'.mi 1- ,et Mpi III ! ii'iutlie.ii i 1. re iirni.iii.i nr u. I 1 the Kemi hIuaiiij 1 1 , 11 I'm ueiulcr enrnui, 1 .nertli nt the s.'imi tt.ltVl..iMlt. tiin.i w i I .-'leii up ever - pnints en niiMMiiue- ' iiiv 1 "i ri-ciinl-bieakirii! i'luitiu.i. -''. 'tl IT -tl"l s .-pets ini'iu ",1 m J U.i.ilte t.IL. ('.Hi-, lidaled t;a-. V ,! i.ri Mvir. A: iriuin i:pu-. j .1.1 itt ' .1" 'i-i n. A. hid I'iii'ii.K'al. N.i'en il l.eml. I itttnii.i Kinik. lirew. S. e , and I'tiie'i Ha; tit-il I'.iprr. Ti.l.ii; .11 MuiVinker r. .1 i ': se !l 1UU e the -.1 ' , '.t k i.i'. 1. end I hvii u it . .'.. ne 1 : ."- per share and afd r ' i t ! ri; tin -s 1 1 inti f llJ .. ih, i',.i, 'ii.n uii 1 1 11 1, r nf thtf p'i;( hn-e 1 tie 1 r 1 :ty t i'ie I'.-d 1 .;.'i.-is ;. '" I pi :m Cp ea. I' al .! 1 .n't t 1 u. 1 .-h . ,'1 i,j. Commodity Markets 5:0 pn- 20 4"0 4'00 '00 001 4:1 2J0 ?11 fi""1 4V 100 1-3 30 '0 100 en 200 00 ;n ' 31 137 30 n '"'1 en 1030 ?e- 03 f.4 ' 1 . - "i3 2 03 103 ill 1"i "C3 133 413 ., -.1 .'03 i "3 r-'l " ) :r vi-3 330 oe CO 1'C 13 V, 130 370 -30 ,'1 133 , 33 03 :3 -" 31 -no 333 1.-10 730 5:0 i 33 4 33 t "3 1C -1) 133 1 -33 701 'j " J) 13") GRAIN MARKET ("llir.ise. l'i 2.1.---II '..M- le,.i:.s i'ie. iiii.'itnl wit. 1 luuir ij , ii.itin is it 1. 1 -pi )1. J-ui n bein.sl' cTn't 1,. ;i,e wlit luark-r : id.ij d.iriiii: tne e..rl lU'i.mg''. Tl.-' m-Ihiis w.is n-u-.i'."(l. neri. ,,r lew, wirh tin 1 '.iber.itu '.it 'lii-iii from 'i 1,14 trader taking u pruii" irei ,1 s,mi 1 (jii. it hi iier pu et. He li'-i!-ei '.ej.iMni.ikiu bi.-!'':, mere uleu inniable in tie I t.m ! States .it prow t 1 an was the m-i- a jear IS', w.ti tl i.-ll's av.'U.ille m'im'i i"'. l,"i.Kiii mill li ihe'.s la: 4, r than the a.iriS' if tie list t m ntj ji.ir-. Tie "1" I. '1,' wbi h 11 IllfOit 1 . ' ,e ' '.. l.i.Mr. wit h Jin SI. ''.', t ' 21', r-i I .l.ily SI 1 I t- .l.ll',. w .i 'inl , a 11 . ei'iti fur i.er se(i.i . ( r'l .i'il 1 a- 110 re .tive, n:".', " .n- ree i,t nf '.ra Imre" Li : j - II Or th.lll L-t l.'i Tl ''.e pile ,f ., A. it e. Tuns at ' ' . .no tu . !..r.. .Mr Tl',1- te Tl1.-, the curn Miirkn' rm.t'.n'ji d tu Mii.w aris f ,r i""e:iber. .in. I ieses in the M.ij jimj .n. ' 'lelliern n Oi's s'aitnl 1,0 re ', !"''. . nnd lnt- r rei ei!(.d off, May 'le Mere 1 " . - - I 1 -f - ; . s' . J iV, s4 . ... 1. 4 1. f 1 ' i ...r.. ..!-? 1 . .. ; - : '.. . I COTTON MARKET New '.or!,, Dre tilt In tt" urly , .. i;i ! 1 .'nri fjfir s r.. irke; wiis r in d .'. te 11 p. mts h,shr .1 1 ' ' !: .1 ( -. I.u'i'rpec!. 'r. r anil Wj) Mrftf' V.inJSdt. nirl i'. "s iithiiris ni i, i..i..Biis. I 11.-. s .; ; ;.. , i..e 1 jtteli ! ' 'Ue .t v.."k'l e'l n'.inut 10 .if top a:.d -fu in? I.i au.e I -- ( . 1 1, n 1 ; M . .7 .'! 'S . . ; te . : 1 : ; 1 71 .'171 . . 7 . .. 4' . t -, .; 11 '..ii NEW YORK COFFEE MARKET iw erli 2.' Ti'.i e I 1" ' ' I 11. ip b.J :e3 433 35 3D 25) 603 fi.' 53) 133 " 33 24 j'J 1 1 j 1 ' ,33 833 533 220) 30 70J 400 000 i03 100 B03 470) 2i0) 510) , (..', .e-1 .e. ,.r . ".' I'l. tu . :1 t .1 FOREIGN tew or!i, 1 iee 't'e - t ..!'. .'l 1: w 1. s 1 ry .' in hIi.'I t 41 1 i.s Rtreri.'i 1 11 ' . 1 EXCHANGE L'i. --The I'm ei,"i ok- ' 1 ,ln 1 I en ti, t',1. .rre". i!ar, w ,r 'i fnr. '. I l'i ,. !i (1 ud v ' lie Sh.m Span- "'. 1 ai -iaii i.x iijii,-" I'.. I m Mi u. 1 -h'lrp 11 nt, ni 1 I H 1 i 1 , , . 7 J-, 1 , ir., s St. I1. i '1 . 1!- , e ea ,i. 1 .j or,-,, I 1' lnS 7 J'i, 1 11 1 .il 'e II l.s., 1 1 . . . ' J- 1 , I li t 1 '1 I' ,1 -' 'I. J" ;i 1 1 1 n I i .11 i'rt j Is ' I, 2'i 'i .i'J "j" 1 i! 1.' 1 hi" .H 1 ibiei i'il. mark m.ti. mark rxdinnisi" in 1 ! ("VnTal Hnr irican ,. ., u ' n -le." e I .rrcK'i "lt I'.nl- 4111.1111, .7.": Il'iiiiMii'iui. ,"i'.. ; Se-'n'in, l.i'l, (ileek. 1 17: Ceelin-Slii 'I kl ill. ; .Itii .s'tM,.n, 27 ' 1 ; I' .'l-li ui'.ii , r,niiitli, 2."'!, 'tstr'nn, mil p ; 11 ml Hi, i "11 in linn' t '!i "line r.t 1 rr-nii mi in Montreal '..ii en New Vmk fill's v 'iw I', pi r I 1 nt 'Pu ili-iiiiiit in I '1111 '(111 j j finiKil II New Virk was 1 ', per lent. .l.s .'HIjAVH iimi.Mi Cjfin ITI'iNS Damend ll.'Mi.n. t . 'rill .m(i-l"'' v. ' n t 1 1 ft, ' .- r l i".l l ter' IhM i tt'II- , i.h '1 ' . . ii Wl,. ' If ; r II. i ' .. M I l.u- I I IIHU f erl.iic r r , , ! , , 1 HI 7 "I 4 HI 7.1 ni v s i i i'nin ) y , 81. . I. I (ll 4 DemanJ .... j'' I t CablM ,.. 4V.0JV 7.4ii 1 -H IJU. I--4 r 114 i'i 70 .' HI' , i 71 t Vl'IOSS 'I i.U ll"-4 r, oil an no tVOSft D.t4 NEW YORK STOCK EXCHANGE TRANSACTIONS Only Afternoon Repert in Philadelphia Quoting Full List Ulv In . t 30 v. . 13 Net HTOCK UlSti Advnnce Ttumely ., '3 Air ISL-iluctlen .. . 59 Alas; Hnbber " Aln-ka OeKI Mines. ' 1 Al-islm .Tuneaii e I 1 te Alllnl C1iem ft Dye "9?. Allls-Clianibrra .... r' Ant Acrlc Client.. -5i Am Auric Chem nf. iP'tt wm Ttesch Mat;nete ? Am Can 73 An rir & rily.... iCf' ThcW 1 J 531. IHi 'a 1 77 "J 45 -ew 0 7,-ts UO'i G 23 t 137 105 r-1-4 29 , iron 120 El iia'i 6'i 19 54'4 !.'0i 20 J, 7', 107'i 6!i 122X, 1!?ii ItOh 104 P4 40 CJH ICO-j !0 IH 112' 1' 20 1r"8 119 34 83 S 1261, e.-i ?3 42 30 1 n 1 i "1 s:i -3 P4J, 59 "-u 5 1 4 V. 19 9fl 3 144 ', ?1t2 17H 7 f4S T4 '; 123. 30', t 6i 431 . "0 i 10 'i 24 3 7,1 57 -; f 2 31 .1 7 4 '2'--0- 91 :-, rr'. n 103 103' j tys "0'j 1'9's ?34 ' -4 "'I 09 4 1 1 '30 1 0 , 2-4 'i-t, 63 " 4 Ti 9'i -l'i r. 'i 124 . 1,4 I 79 ! 45 semi te!', .. O - 2 7m-!- 1 1: IClJ'j I .. .m CblCle (" .. Am Cotten Oil pf.. '-1' 5 Am I'Aprfes MO 7 4m h- 105 .. Am In'e-nnt Cerp.. 26 .. Am T.lr need 29 'j 6 Am Locomotive ...117'j 7 4m Locomotive pf..120'. 5 4m Metali El t Am lladlater ', 12!i lJ Am Sifetv Razor.. " r .. Am Ship & Cem... 1PT .m Smnlt F4 34 7 Am .s-melt pf r-f) ' . 3 Am Pteel Feun lrles 'T .. 4m Susiir ltef .... 79 J 7 Am Suitar Het pf. 107S4 . Am Sumatra -H B Am Tfl & Til 1-"3 13 Am Totnree . . 1 C-3 ag 2 2 Am Tobncce I) ,, ..151 6 Am Tobacco if r.ew104' 7 4m Woolen L5 .. Anneemle. Copper .. 4(5 '-) At.-e Dry Ooeipi . . 1 4 " Atcb Tep A sir Ve 101 C Ateh Tep SSI' pf 9t . Atlnn t?lr A: At. aft c 1 "2 7 At'untic Ce.Tt l.ine1'273 . At antle Km it ... 1 .. Atl r.utf vj v I 3 S 21 . t C, S: W I S S pf IT'S 7 Atl IteHnlnp nf . . 1'9 i . Ani'm N'clinln . . ?4 7 Austin Xkhelt pf . 09 7 Raldwln Loeemotlvel Sfl'j . Itiltimere & Ohie.. 41 3 i Ri:tl & Ohie pf. ... S9'.. .. ts.uni'tt, Leather ... 42 .. Rains. tall Clim A.. 3' '4 . Pa-r. ilall Class r.. 18- . n.iyuk Rres 51 ." Ttfth ehem Steel ... 18 -a 7 ll't'i Steel pf HOT.. 94 Jj 6 Reth S'te1 15 6CIJ Hnnth ri-'rie 5 . WcImi Ui'i,UI Trais". 1 r H'nwa shoe f 0 7 Tirewn shoe of . 03 tj 10 Hurt's Ttroe A. . . ,1-'4i 2 Tlnrns H:en H . .. '21. . . Pnt'n Cep ft "lac . 10 I T'lfe fz Sup Cep . . j! 'j .. Huitenek Ce . ... 17 a, . . Ca Id 1 (Vn O R n . . . .r fe-rH 1'etre' 6T 'i 7 Ci'.i: -rn a IV pf. . 94 .. Cal i'.'ne a-i I Lead. O'J 10 C.irnl'an Pactfle ..143'i .. Ci-ntr.i' Lfa-lu-r ... M .. C-i L-a'her pf. ... f6"fl .. Cer"o-ile-ra-re . ' ''. C f'lnril'e" Meters .. ff 4 Che-ape-ik- & Ohie. TO , 0 - V, 33 'i -137"? I 105 - ;6 -t- 29-4 1 27 li -120 U 4 51 -! 112,i- bi 4- 1 9 li 4- E4i4 SB' - 27 79 H -V 1 07 , - .8 f 1 1- ."i -r 1-31J ' 151?, 104 S5 d ' 4344 04 (j 4 101 - 91 l'i 112', 2 '- . 0 -4 - 15-u 4. ii""3 4. :4 - 137 'i -t- 40 - te - 1 31 I 10' j -51 -'-58 -i -94 -.4 -r 59 To Te ri ! 15 - 60 '. 93 ' j - 144i, 42 1 i 4. 9 'a 31 tj f pi;.. 7 -f8' -- O' 9'i - 143';, ; -011--fbT3 '-43'i-t8', -70'i-' 10 ' ; 4. 2','i '- 3 . -- 0 " -. 571;- f'4-r 3 44 J. '3' X 77'", ' G2'4 31 ' 1 91 -i7'h --5'2-''7 103 - 7 44 ! 1C3'2 4. "1 '.' Hi t. GOl4 . '8H- V . ?5'i CO ' 4- 1 ? 'li (ji. ri-e-ipea'. A Oh ptIO i f3 .. C'll-aue & A'ten .. ."', ,. CI-'ctc;e Alten pf. 31 , . '"h1 i: I" 8 . f'M .. n 1.1 inc') pf 57 3. . . Chi fi C,r V.-t pf r ' , . rr M'! & St P 24 , . l 'I .11 U Ml I" PI - J J ti '"hi .L- Nerthwe-tirr. i (-1! r- 11 Toe' C1I ft I Pa" . . : -- it i .; iv 7"i pf p . i 'i-i' . r , p, - , . i'H,i i (' pee- . ("ett-I'-n'iedv 78 82 31 1 . F7 .103 'H 1C3-S T C 'le'.t-p. :.te,'.y ; C Coea-CeH C c-'u:r. da fc 1'Iee , . Te'uti Cir.iphciphor.e '1 , . '"e" fir.-p'iopher.e pf 71, 6 i-nrrr'it Tab Ree. f9 34 , . Ce- 'Ol C'ar 33", . . i,i-i-,' P's inc ... '. ie-se' dite.i las IT'O'.j .. Cn- C,r. et N" V v.- CC1.- fVti 1" n 1 1 . . ? . ''nnr, . 3". -i (1 . ' ' . . r-i-t nr.1 1 , 1" m 1 10 Ce" rrnti Meters ' r, C -n Pfd IV f 133 7 Ce-'i Pre' Rff pf 1"' i Cr..Vtl u r,i . .. r3i, r-r-'- I .. C"S 7 .- c S-"! pf . t3 "ihrn A11 Sncar '"H .. C,-M iT.re 'V.ir . '-' . . Cil) 1 '":re -tJk'Tfp: 39 'i . . ri1en CvPtnlcU "3'i . . Pebei-rs C M'n L'd ."4'i 1 . TO 11 130 I?' 1 -p. r0l4 El r3; 3'i 24 ; 113'i ir.i'i. 1 1 J ni aw-a-e K. HUdssni 1 J'b fi fiel I a.-l f.- west 125 li r Mi- s . . . T' . P - t ' V ' ' -," ti K "lak 1- - ( - .re IS.U. '. -. il rn ( e 1' )"t rsj--nra-t : 5 r.n 1 ctt:-Jo-.r.sen . . Kr'.n I"rle 1-' T)' r.r :i rf !"irr ' a I'lajer I,. V '.'i-ni- P'aera pf P M i & Srne.t . K I M n .'. Srr.e)t V Fifth Ave B Sec w- t- her nedy 2' 0 J 4 1 yj, T, '.0 19 6 93'i 13 m4 10',. .--,, 97 1'3 46'i 9a fcO". '6 V, "- 1Vj 10 - 4 1". c 6'i 1 V;. "'i 91 e; 1 "".. 10'; re 97 46 0 ret', ir j, iq-, ri 101 ", Ji fi 14 " t-.'ij 40 fc'i 5 ?4 : i 7T, 23 10", 77 , 1", 19 CO ""'i 21 1 s 13 I) '-5 "0 :e5 1 : v; r -. , 101 ' 47 1. 1r1 14 04 '. O S7'5 - n, . K'.-k R':vii r . Freej r rt T"ni4 . . . 3 ". n m Tir'K 7 '.e-i Ati Tiinlt pf . Omer-I Aphalt .. s '! n I'.lectrte I. Ja 19 P3 101 ; 1 7 5- ' 1-1 14'i t Or, t .Meters . 5 i ;. -, Mo'er- deb iie i;.rr.V-l Iires 7 Oif.be Bres pf . CO !' 'Tl P'curi.3 . . . (Joedrlch B V . . . . Orunby Mtnlnif . .. 5 'irent Ne-t'iern rf. . 2 'Irt Ne-t'l Ore rtfs P4 t; '2 r 40 9'... 31 30 10'; 77", : V "1 ) . 7'n 74 33 10'', 77 S 1Ji 19 ge1; . 7 ' i r . 1 1 0'i .; .an' jui : tint ' II' ! I'l ' m ire- ,tu St el . . .1 v Kl..": . . MfB or. II 1 Isiil Mver C ar 11 ; ;i Mo'er iar 11 .d- I'l'.'C C'P"1 Irdlnhemn Itf li .in IV ft' .'R t J .. . . . .. . . 2 5 7 . . Z .. .. .. 7 . . .. . . . . 1 .. 3. 1 : ' ; I'tip r-tl n 1 'en Cep -ij Ir'er Or.n ferp. ... '1 Inter i'eii i""rp pf . hi Inter Hep d Trari . . . 19 In'er A (-fie i tain . . i'i Ir.'-r Aur!- p' 3054 It 'nr Ct'n l.r.B . . I 3 ' 4 lr' Ii ir- HCti r ii' w 07 "-, li H.i' . t 1 ew pf1 15 t. ipr Mi-r M.,r na ''. J. -19 , i . 30',- J'4- "', -r.i , 9 . 4 ' ii 11 -, 14 S ,A 71 'i 107' j Ui J4 - 1 a 40', f 34 Vt 3b l4 ':. ' 70 21 9 1 1 117'4 - I'l . ) r ' 1 , :i '4." M r Ma.-..mi pf Int. t .si. If. 1 . Iritirn.v e.ial Puier inilnci in fll Curp. I Un lO'l 1. w 1 T n pr . l'i, 51 W 14 , 71 ; 1- 71 1 07 ', "-i 40-J 34' j 44 !j J3S C'J 21 'J 14 1l'4 Jen.s i Leugh Pf wlIC7'j Kun '"Ity .lr Seuth.. 1fi? K,inraa ,t 'iulf .... ' "i Kaiser & 'e new. . 41 '4 Lin- I'r 1 iV West. . 34' Ke 1 -s;,rlnc'V.lil ... 4'i , K. , 1 1 e't epper . , ir K "i.jne T : It. ' 1 . . un ai -y ,; 1 i . .ty.-r....2' ' A .',!!' s t 4 'L " iM M'-rs I'M 1 1 , NO'i'l'- ' ii - ft '1" trnr.n.i' ii.. rcieidid in fcr Veol Slackens !. '1 C"i ni. r i 1'iil. . ' . I he il ma 1 f r , ki i . iiiH'ie. ni r i. ii i r n 1 i'i ii m Reserve flanks' Discount Rates ntlelii r-ll.'eunt ciui It'iarK) liaiiki j .1 . tl IH'V i ii 1 1 ei;."i'4' . , . . ..'.id r, y t. r ,t I. ! e .'.n I . -v i . ,.iv I i. , r. , i rn i I- "4 tr in it 4JK. Ll 'It -i ut '-lf4 . - ll f'owten , . . Ntw Verx . I", n.ji-iiiii'u i'l .:.nl . i . mil. i . v ..nt i l. 1!0 . I I.' ula Mil i i'l.v illn I , MUM I I'l ir tlUB . ' w 11 !rsn . u i ' " I'lO ' ' I... ! .1 1 , lib tu l-'ruii, il Prices Veak en Paris Bourse I'.ll W, I . i a i Ileuri.1, t ,. ,i ll t i ' I r ii 7 i i "i. fill . n h.l n . frniiea 55 i i i n j I'lin 4v 4 10 rriuii.j 7bH centltncs. BAR 1.4 7 1'nki J .) hi . t,-n, Ct 1 1 i i l.ouueii tliuufcd ut OINd. niv. In I fiTOC'K 1IU1i 12 Upirelt ft M)i'M 11.209 4 Lima Locetnotlvo ., 10M . . l.eews lne 19 7 Lerl'hrd (Tlerre) pfllOJS 7 LotilBVllle & NnMl..134 .. Murlt Tritclt DBU 7 Mnek Truck Ut pf. 92 7 Mnek Thic'c 2d pf. 03 .. Maey A- Ce 01 tj 7 Mficy ft Ce pf 112 . . Macma Copper .... 31 H .. Malllr.pen Ce 37 V, . . Mnnitl Sitcar 4f 7 Mnnhat Ulev Otiur. -.'Cii .. Manhnt i:iev etf.i. .. 30, , 3 Mimhat Shirt 46 A Mar f-t Itwy pr pf . . 68 U 4 Mnrland oil 20 fc .. 5fnx Motern Cass B 15 1 Metntire Mlnlnfr .. 17!4 2 Mex He aboard Ifi'i Sales 26 300 100 100 200 400 200 100 300 200 600 2400 103 100 2400 600 200 1700 700 100 2400 1400 T.nw 209 10 ',4 19 1191b 133?4 55 92 03 1-1 tj 112 31 30?a 46 46', 30 ',4 4( C81V 20 U 15 17'i 16 ft 15ii 11' 2Ci 27 ! i 27?i 3 94 14' 39 1 4 1G!i, 42ft 22!i 19 10 20ft 61 1 f5'i 1253i 04 ft 25 4RI. l3tj 9J 19Te 19 110?J 9? 4414 27ft 73 73 ft 01 j 1W 19 b 36ft 10 3 12 4ft r0 93 I3'i 12ft 46 12ft 10 77 4544. 12U 30 3U .0 57 fcet, 32 ft J9, 110 40 ft -0". 105 120 sj -7ft 14 i 70'.. J3'a Zi '3 ft 50 a 2U.. 47 i -r2ft 21ft 37 9 10ft 'v. 1 15 2!i 2 Mex Seaboard Oil ct IDTfi 3400 l.IC Middle StnUs Cerp 11 h U4UU 300 !0 1700 D200 .Mldvale Stnel 27 2 Miami cepp- 27 U de odd lets 27 ?n . Mln & St Iiula.... 5?, . Me Kan & Tet (wh 14$ . Me Knn & T wl) pf 39'i . Missouri Pacltle .. H!i . Missouri J'nclfli? pf. 43 ft . Montgenipry Wart!. 2?H 1 Jloen Moter Cur. . . 19 i Methpr Lede Mlnlnff 10r tA 1'j 300 200 i 1500 700 1100 1500 2200 500 D00 1030 000 100 100 100 1100 1100 3600 330 203 0200 100 100 503 700 100 1030 200 900 J03 3500 2?13 200 9I0J G333 100 64 3) 200 2. 33 2503 100 333 200 4r-00 193.3 fc03 1203 50J rO0 200 300 160 30 203 32 200 200 2-00 100 70) .'CO 24 3) 100 10)0 100 100 200 3J) 1 'la e isai Hisewt wl.... Jen . . .Vat Cleak A Suit. .. 61 . . .Vnt Cen ft Cable .. 1 N'at Kn & Stamp... 5', ? National Lead ...125 'J C 4V O Tex & Mc... 04'a . . :-: V Air Rrake .... 25 "4 4 -V V Air llrake A... -If ' h 6 X Y Central fJii deCa-h. . . 94 'j . . New Yerk N II ft II 20',i ? New Yerk Ont & W 19 7 Norfolk ft Western 1104, G Nertli American .. 1021a 3 North Amer pf... . 44'i . . North Amer A rt. 27 5 North I'aclfla .3 M de Ca.-h 7 J 74 . . Ohie Hidv ft I'lewer k's . . Okla Pred ft Kef... 1 U .. Orpheum Circuit .. 10 .. Oils Steel B 2 Oiven-4 Ret Mach... 3r'i .. IV chard Moter .... 10', .. I'nciflc Deiel Cerp. "n . I'acltle Mall 12 3 Pacific OH tl a S Pan Amer Petrel .. ' 1 '4 de ( '.I'di 93 8 Pan n-cr B '4', .. Parrlsh ft RinRharn. 12, S IVnnsi Ivnnia It It.. 41 'j .. Penn Sealieard Steel 2'. . . Peoria &. L'astern. . . 12'j .. I'ere Maniuctte ... -0 ' , .. Phlli:p.i.Jen 77 2 Phi. Ips IVt '01. .. Pk ri-o-A.-re-.v Moter IS j . . Ph ree-Arrew Met pf 31 ' .. Pierce O'J 4 .. rierc Oil pf 39'.. ut ! i ' H ' 'j 1. 4 'i ! 4 1 I7 n PiPBlv WikkIv Store ' 7 Plttsl.y-ch Ceal ... 59'.' Pitts ft W Vn 32' j Pend CrreU Ceal... 41 I'estii'ii Cereal ....110 . P.-enurera ft Hef . . . 50 a 8 Pun Ker et N J... 91 S Pub Ser of N J pf.1C5 S Pu'lnan Ce 120 . P inta AlleEre Suear 47 tj 2 Pure OH ?7'i . l!i Cen Copper... 145, 4 Read ic 79 1 4 2 U. admit M pf i3's . r.rplet'l Steel . . . ? 4, . Hepuli Iren ft Steel. 45") . lleruhlla I & S pf.. tOS-i . R'neld Springs .. 21 J, 3 Iteiml.ls Teb B 0 2930 4 13 ney.'l Pinch .V Y. 523. 1433 ?00 830 .. Si Leus Sm Kran. ?l 3i . . St Leuis S Kran pr. 37 .. St Leuis .Southwest. 2!5 .. Saiatre Arm 10U .. iiiabea-d .V.rl.ine.. 5 d pi',,1 b-t.s 5 'i .. Scab A I- Line pf... H'i de odd 1 'ts 0a .. S'ars-Heebuck :7 ' . . Seree 1 I'enper 7 'n . Sh.itiiick AiU C-irp 0U . blml l'i ten oil .. 12'i deCn-'.i 12'j C Shell Cnlen Oil pf. 92 3 S'm la'r Cen-ol . 3'J S Sinclair Cen pf... 93 H . Sk'-llv OH 9rB . . SI .-8-Shcffleld 39 C Se'ithim Pacinc . . C8, .. Seuth rn Ball i5 5 Southern Hall pf . . 65 . Sp.eer Mfir 21 1 S-tfiniliid Mill 0" 4 ' ndaid Oil of CalllOU 0 vandanl O'l of N J 39 , 7 tnnd O'l of N J jft 17 '., 4 Sterling Preilucts .. C2,4 . Sterling Pred rta.. . 4 4 Stiw.irt Warner Spd 74 5 Stiei-.beiR Carb ... b4 10 atude'i'iker 112-i, d'li'a'h 138', .. Hub Beat Cery ;'4 .. Superior Oil 4'4 .. Tenn Cep ft Chem. . 10at 1 1 SJ 1 il 303 10) 573 I3r 133 3JJ 403 10) 4' .3) COO 100 22103 230 5105 103 10-0 70) 100 4100 103 '130 coo -03 f.30 r, 33 500 703 41903 100 2rJe tee (1 00 570J 30J -00 131 1'j 103 2j0j J93 4.30 111 4C3 213J 100 203 22) 1 103 103 103 3 30 100 I 2 0 5 s n 1 lef) 4 ) 1.-3 ' 3 1u I 1C9J : J J iu) 21 J) 1 0 03 : 3) 200 '00 510) I '03 1V I I -0 ' JJ 103 ' J 1 1 0 9a L'7'4 ;!i 8", '2ft 12ft 92 J2ft JCft 'J 3') 07 ft - 4 ft 65 re'i 05 117ft 30 r-, 117', ?. t j 1 j 14 C i 110's 138V-3 OI4 4ft 10H 47ft 60ft 20'4 19',, 1.5ft 52 4 De i I 3 C5 t6ft 3 , 130', J -lexas Le ''4 0 Texas (Julf Sulphur CO'i .. Tcxa4 ft Paclfh:.... Oh 1 Tex ft Pnc C ft O.. 23 j .. Tidewater Oil l,5'i .t Tlmken P.ell Br Ji . . Tu'ince I'reducts '-.'' 1 7 T' luoce I"ed A.. . ' 3-1, . . Te S I. ft W f- 3 .. ',0! S I. ft W pf . re'j Tran' .utlnental O.I 1 1 : 1 t'r.iletv oed Typi vr 13e j 1 I men P,.,ir ft Paper e' .b. 1 i I'J I'nleu IMotlle . 17'., 4 t.'nlen I'aeinc pf. . 1 '. 7 I'nlen Tiuik Car pflC) 2 I'l.Ited Alley Httd.. J4 . L'tilte.1 Krult 1 "- I . . t nit P.wy Invest ;.f ?'4 .. :: I'nl'td Retail Ste.'id 73 1, 1 4l 75ft 109 34 152; 26ft 7J 9ft 3ft (U 54 i;ft K5 34 I 1 ft E.1,4 CJ'i sJft 1-2 ft 44 ft 16ft 54 15ft Uft 22 1; li'ft II I 10ft 15 a J ft 111 59 1 6 I' S 1 I P ft Kdy pt '1 . . f H Feed Products l' . . U H I ml Alcohol. . Z' 0 V S" P.ealtv ft Imp '1 . 1, rf ilubbur 1 1 1, V S IlubLtr 1st pf . US S'VOl Hi, j V I" S l-leel pf Ul ,, t i: h 'I'jhaece C. 2 Cta'i C ippei '.4 4, . . anad'utn Cerp ... -J1, . . V,i: Ui,i te F3 . . Va.f ur Chem'cal . . - ','.1 . . a-Cir Chetn B. W . . V., J ion Ceil ft Coke '4 I , . Y.vaudeu lne ''"4 .. Win,., ill. "'4 . . U .11. is.i pf A 1 1 Wi.be i- ft Ilolltirener 1. 4 Pi ! irn Lleo pf. rn Maryland 1"3 ',, V. .M.uVand 1M 1 . V.'ie-.in Paeltle C V. -it."n Paclllc r,f " Wi stern I'nlen Tel i Wi nt.nir li ft M. . . 1 - I 1 1 's-1 2 ' '4 O'j 414 US 10 . ree we 10J 100 i00 5000 503 14C0 100 1C0 03 3 5 J .0) I Pi ' h: H'!n elm ft L IL . . 2 WlutL 1 aula Oil.... White Moter . White OH Cerp.. . . . Wkkwlru Spi-no Ktl . Wli ys Ovi r and . Wi.iy. e.criiu.d pf. . Vll40ii ft Ce.... 7 hi ft Ce p' s ,'. el. tilth K W. 1, t'i 1 1 1 Pi.mp 11 t WiU'it A're Ml 26 ft 40 .'ft 10 0'3 41 3'4 J S 0J 217 en "ft ' 1 4 .0,.4 ti.x-rlKlils M'i urati lltns iii -- nitidt nt ". le I he MONEY-LENDING i iten it uum ' '1 ii two' i, Kc 1 1 M:U illlilv -'lune en ill , - i, kti , , r r i u, i , y Ul 0 kndlnf a, j nn .i!ii Tre ii". I ,ii 1.1 I'rflH. e fi bu'i la t i I'. 4 I'. ...iinr. rut. I 4 IV, I Si 4'-. 4' , I ' i I I IV, 't is l' 4'i " rilll II1.I I'lin I 4il B prr er-ntj time, 5 1 it n'l.t. irnerclnl impiT. thrte tu i-lx inu'i'iii. .' i r i- i. Raw Suaar Quiet, I , iv, i' w iirli, In" 20 'Iin' l,ri In ii , t 1 ui firm. 'li In f Jill .ii shfrllisni ri'l'il '! in .l'i ' ii ,V, e, . st iii I firiKlii, .iml f'.i infinnl I ,1) .limn ,l ulill lie nl lit S'-0 tn,l i ,1'OHt ii n, I r. Ik' I 'Iherc vn rn rn d.ilfn rtvnitul jiHiiiIij ' i u le .1 riiliii'.l ninrk't l ui.m1.tm. y n, t im I ui unveil I" if, I'- I r n nt f r ul, I muiir .mini i Imli ,,i ,u. SILVER ii ,n, il. l I lie eiimu leiiu r' .Muiiilny In ei'rincii uf tlie iUt. t f i,rlru whij u ii- L OCAL SHARES HAD GOOD FIRM WEI 1 -30 1'. M. Net Chile. 209 tOft- 10 119ft - 134 !- ESU 92 B3 1 ftJ 112 31 37 ft 46 - 4flft- 38 ft 40 -i- ceti :- 28 6 -h 15 17ft 16ft 4-ISJi-11ft 27 4. ?7 ft , 27 V 5 4 14 ft- 39 ft J- lb ft ! 42 Si 22 ft . 19 -10ft 36 ft -1-Gt 1 1, , ?5M- 40 ft -'. -r 94 i 20 ft ! 19 1 105; 4. 101ft 44 ft ' 27' 3ft . 73 hft - in , 19 r - 36 ft 10?4 r l!i Income Tax Returns Adjust ments Played an Important Part In Transactions 'J here wero nlfe n number of trans actions en tlie local exchntiRD for rnsli preKiiinnlily for tax purposes. While tliet'p operations were relatively small In comparison with the Imtte velutin) encountered 011 tlie UIr Heard, yet in dirnled pules te record losses nRnlni-t liicoine Inx were net completed ns ninny piippeHnd. 'J'hcre wiih nivi iippnretilly ntilte n Reed bit of shiftfiK ns ri-nult of these operations, prompted by the fear In n number of vaics of tin In ability te jjet bark the slecks at n prnlltnblp basis, Theve traninctiens were conspicuous in lViinsylvniiln Hnllrend with the bulk of (he stock I'luuiKlng tintnli nt -lll'i. nlthetiKh some keIph were lecerded nt 10ft. Philadelphia InMilntiil Vite dropped l'a jpeints te 5" en odd lets, while Ainericnn Stores mounted II neiutH le I,",5. I'l'lces of most of the representative local stocks were firm. T. O. I., with the "1" tents dividend off, brought "lO'i, tnnkitii; tlie jiriec iiiiclmnced from last dIkIiI'h Html Kale. A bulli"li Influence wns interpreted in tr. Mitten'H elec tion te (he Heard of IMiientien, with that stock selling up te OIK's. I'nlen Ti ml Ien en small miIci shaded fitie fitie llennlly te dO. There was n resumption of the ro bin Inj: movement in I.nUe Superior H 1ft ?3 H H brlncim; the iitietntlnu up (e fift the income bends sold nt -0, or - cent above previous Fflle. This is of the few stocks In winch enrlier Tell ers wen; able te cot back 0:1 nn een lower level than nt whhh they bold 11 month or two no. l'lsenletir surrendered a point of jes- ft terday s blp advance. Amerlciin jlni' w:is was n ij point better. T.eliisli Nn Ifrr.tien was flim nt 7". The I'hil- ft ! ft I l 12 45 ', ndelphla llleetrlc nhares continued ? Hi !i ft renuiln steady nreund recent best prices. lliill was unchiinK"d at -1(5 cm n few traii-actlens. Insiiiiinee I'empnny of North America oentlnmd le bring de. 93 B3ft-12?4-r 46 ft ?H r 12ft 33 -77 45 V, -13ft ! 31 ft t- 4 4. 39 . t7 -, 59 ft r-32ft-f-40ft -'r 110 -9ftr 91 Philadelphia Stocks 1 le 1' M P-" N"t CtlB" J. I , ll'ch 12,-i .m Hwvs. pjij Hint Am Met'lrt e'l'i 10', Am Ship is: Cem.. 1!Ts HOD iu Ptrsl.-Sft KlIAiiStiniul Ti 101) Hi ill .1 (5. -If. H IL' eO'l'v 107, 1.-,. Jt't 10"s-f- ir.s'"-(-:i ft 3K ift Pi :;oeichi tit w pref. ... ionn:ne KM) (Jen Asph. .-'(UdilltlMOil I.i In Ce N .V 8; si,.. !'s !'N.. 17i 472-t-l fin fiO .. 1." -15 . . r.H fi',-;- 7l-i 71i- 7i 70 -1 Mi. Mii-i Hmi KM .. '', d7'j ,"i) 1,-, 105 130 47 ft ' 27 ft ' 14-V . 70 ft -53 ft -'- -1ft t 45ft . CGft ' 21i 40 -Mft - 21 Y 4 37 ---9ft : 10 ft i- S - b'i I'ft . 0ft 07 ft -: 0ft-12ft-12ft 92 .-3 i; '- 8", - 9S . 39 f'7 ft 4- 2tft . 65 .04 r 85 1 1 0 ' ', 30 V, 1. 117', - L24 -2 1,, . ,3ft- OJI4 - 11'j 4. 133ft 6ft- 4'i :- 10ft . 8 ft - 60 ' i -'- 20 ft : 20 " -'-K5ft -- 23 57 ft 1 t3 05 50 ft i. 138 : 136ft t- 6 1-1-7 !- 75ft 103 - 34 15J ! 20!, :- 73ft ! 4'J ft "J Te ' 0 -j-ar; .l 5Jft . L-7'., -Kb ft ,. I'l ft r 53 03 ft 3 J 44 4. 02 U -i-24 t-a -17 54 1 j -j 4. II i t- 24 ''4 '- 12ft t 113 IP, ' li"!'." Lake Sup. "; 17 I.ili -N'av.. 7.- 4-'.-., I-i h V.il.. 70 KID () I.isenl'r S'ft (Wl de pt"l". AW M I'enn Cent I. Itt war. ft COM Peniul. 1. di!' j 10 1'hil.i Ce cum pi'.. 41 "i 2r, Phila Klec .""'J LVO de pief.. f.P i (10 Pin! In.W Wl 2'tii Philn It T .'il ."id Pliila Tra- (I."i en: Piei"0-Ar 1-W riiltlfe.ndini;,. 7 ."iOtSiiielnir... e.l'j lUlT.A.is Pa,- 'i i M ft I ft ll!'-... 1 1 " i it; 't II i ".ITh :ui r,(i ::eii 11.", 1'.T's 7 i.'ii'. no Cm .. 7S ::',i j-p: n i C ii.. 'JCHlT'.llO P.el. 11!." I nieiiTrac in i (i i Hi de pril.. ietr s Hub. KMlfWhiieMtr Hi ltx ij i.lnj. a tN.-t ciialiwu lun.le by i e.ile un .Seu Vurrf &Iia mi;nrl,nin with l.xi'l .into PIltI.I)KII'HI, IIJIND.s .-,000 I.ibeitv lid -Ifts 'l's (5.'10 fioei) I.ihcity Wh 'Ifts ' !.iN.r,S ,"00 Amer (lus , r.Ice fis. . . . M imm Unit ft (Uii.. (is 'll'LJetH I en"'!, .".nun ( .ni 'I'm, Nr v. .Ur ."is. .. MJ UOIHJ l.Ieetrii' . I'mple's Is.. (!i','j 1I.UU I . ike S'ipi rier itii- ''i! llttri I'hiin l.'ivtrlc Pt -"is. .lets Si'i", 1200 Pliihl i:ieetnc fiftiH.. .leH I02 (10(10 Phila IIliM'trii' ."Ljs , lets 101 "s L'eUOO Uiadinj; Reneral 'I- j RAILROAD EARNINGS I'trasuu'iiijit a.Mj wit iuu'.i.iM t Pi 1ft ft ft ft ft lft 'JQ2 ?.:... -.7 S I 'JOI : .-,:,.! l-..i Tir.'-in t . I N'ij"-it- r ',rc-.s I Ne' 01 it. It f i J I.!-" en i t leu t.K .Ni t iii er Ir . r'. Jn 170 -s '7 : 4ji i".M 1I...1.N.JI-' LNTltAJ. .u' Nni i-n It i:r.,s .S. t ; r 1 . . i . Kl'Vil I.i 'i'l.- ,.! , .N-l v.' l U." i-i l-i'l 1II1.I..-. .Vexlllber kT tn .Net i.l-r I Llevtn l.' ,-r, si Ni I tr-' r Inc mi fill .Mis 1 IH 111' J-.il t lli i lis ;7.14'1 ti u s J.l . .17S il I . s i t.'.v v ssti.:i Ji'j lT'i nt.-, si "ir j ii. i iine ii.. I 111 Vn'. V.i ! Ill" 17 .i-n .-.'..-i r.s i 4ft ft 'i 1ft 'i ft ft ft 1 ft ft ft ft .ST. trtji is .s.it ni,t.h-ti:iiN- sys, N.ni'tnl.-T TllHl t" fr.inf i'l .'.S7 .'14 ITH 1st L.I 4 is iMi I -- .11" Sl'l'i j:,-!"! in. nili, ' 'lutal t' i i t. ii ...I i.iu:r Nun i u .n. Nia i rn)r pi M'i ' 1 i I Is C17 I' i : : t u i i .-r in ).'. en Ii s t' s SI li tl. L N - ' I .1 r .N..' . ; i r 11 ." 11 II I I Ntt i; r i MIH-u, I. Nmi mi i r ,i ,.'l ii fir- i,' 11., HP- f) .'. 7IJ ) .174 fi .i 15 SI 1 ,) "..t.n ..m i in; 51 ..I P'l ii I'M -7s 11 ''il ,., i 7ii, it: I. N-1 is INI. TILVAis 1 1 . JI ' 1 it i M 4s 4 ' s l.i'l 1.1.3, Jill. I'll IlllJl.ll.f pi SM 11 S .' ..-,! Illlllllll I . . . I'l IlllJ 11J ?'.! siit'i-r i, ii-ii-iii Nev. rutiT i.i. i . . it'll . I flt".l."i7 .Ni-' si T li.. .inn .. 7.),.MI "113 till ll'-vill lieilill.t.' ..f ti M l'i-. I'l.sj," ii Nit uir In. 4i, e il Tlt'l 7.'t JUU.blii 'III s l'I-K''' AM' i illll) Ni ' 'ill, l l'i II' HI II' Jl'ls V ,ij .r i , l.li- . n in.i u.H N e;.r .i III! ': 174 fc.'l I'-. .I..I. $l : Neeiiil,i - i ' Ni t .4..-I r, m I -iin I .il'.i 13 '4 !- 1 171. W 11 'HO t . I, unn li',.,';i N I ei,..r ii, i ;in, , ' 5J', -I P 1 ft -f 5f- ft.. "ft r 4U Jft I 10 f, K 4. 41 4--, . . 03 40 C:t ;. Uft id ft ft Mini.Wii VAI.I I'V liMi.miA Nr i'i mlir r "s . ji.( -,sn till .N, t ui'r ri . mi i , II n nl 71 Lli',nn luu'iltiM irr 144 (J7. im ,17 Nt owl. r. m-i, j- . 1 pin ni Ll.' MINNUAIM1.1S A ', LOl'IH Nrfm1r rn.'M .. 31 127 1 1 1 till' I' - .Net eikt. ii. .lima. in s ii I. levin i.iiintl i. ,,, i 1 I :-I n7s Nil u, 1 1. Int. ir i in, i i t,i ill IlLIS'il'ln;,- in,- . - i t r irri i 4 t I'. Ml, I'l. I i; S.' IM'l . i:i" nsnl.'ir intiRe. STOCK DIVIDENDS spiirliinliiir,: C I i. ", s'lft. RATES t-rn el Hi' ' un n . lai iri. tirnm i i lin.i, Ii.Jiri".' tne in ..inn . m i in, n , teiril sf llU'tnrn tu In. .re .1 nlu I, il. i il et I ' ; r . nt .ml u , r, r im rail. I Hi eleat,-9 in, i Mnt tur 0U..I0I..1 nr u i i i m t 1 1., 4 a, I . Indian ll." ' lu SJ.jUO.UOll Nrir liirK. N illlilifil s ,i . If, mil of 'I inny nil i il'iij nil i, w . li ..liul j uck fiuni f J, nun J ' Ni i ktielilr-m r f 'I l ll t lit l I'lH' I tt ,. i ' ' i in ir . i ini.-, tlm . I ti ,. i $; i.tii, nii'i i , s HI, U ll' t,. Is. it'Miii .1 (' ul. .Hvlilf I ll hi ll , is 'I f VI III! 1 but Firm ln Mi., r im 'riu huw ii m r M1' li i'ui.,4 f ,r tlr tl III N . Uf I 1 '.. il i lei I will in in ,i I In nn. .' DANK CLEARINGS lu i i -I. in '- nitl ,: i I'l iy I i red -h I I l III. I J fH, I I J III'' I 11 l H In, ii J ' ) . 1 n vr ic.ir hu,i. I I'mieu K V ll'l I null Jsl.l ii HOD Js-i in 7 rn. n, nn.i ni mill nun ;n OH ue (it)0 751 500,090 021 C'i Defaulted Bends of Foreign Ceveixjments THE first thorough review of defaulted foreign government bends that liaa ever been pre scnted te American investors has just been pre pared for our clients. It discusses fully the present status of such obligations and the prospects for settlement. It is a long step forward te the ultimate goal re cently urged by the U.' S. Department of Com merce of acquainting American investors with ac tual conditions and of formulating a policy te guide them in making sound investmenta in for eign obligations. Te investors interested in learning about tin's part of our work we shall gladly send a copy of this report without charge. Mentioning number 447 will identify your request. Moodys Investors Service 1224 Real Estate Trust Bldg., Phila., Pa. HEW YOItK BOSTON- mid ' per 1 one j ia - Foreign Exchange Purchased, sold and quoted. Private Wires te New Yerk i j 1 1 'I " & Ce. '" ,'i l'OfKTII & CHESTNUT STKKETS 'c Yerk PHILADELPHIA i HUOWN, SHIPLEY & COMPANY, Londen ' ' 4ww.MHRUSfHsWVttiM---KnLV J . I i.i i n .j LOUIS T. KLAUDER CONSULTING ENGINEER PENNSYLVANIA BUILDING, PHILADELPHIA POWER & INDUSTRIAL PLANTS ", ' ".V -VI1'" ,4 DESIGN APPRAISAL 1 4- 1'S I t.i V.T I CONSTRUCTION REPORT III de -10 ft I ."IJ'', ,"0''( .0'i.. I I U '! 'I !'s I ' u " 1 J. "4 -"1 II I last We recommend Commonwealth Water Ce. l'irst Mortgage 2S-Ycar Sl2 c'e Geld Bends DcolrulnaUen. (1O0 C50O. f 1,000 Guarnntcpcl principal anil intcrrfit by the Ararrlran Water Works & Klcclrie. (Va., Inc. Company serves Summit, West OranRr. and ether rcsi ilcnti.il cemmut'.it!eb in New Jersey. Price OTyVi nnd intcresl Te yicltl .na .SietZ for CiniWur T-2J TTeagland. Ahum & fc. IMCOH.OIlAUw CaUbllahed 1009 i,S1 s.le '47t i4 it.- I -.. ,'t :. t '7- ' ' alii ' 3 t I h I 7 I . HOUND PVOOM IIS Broadway New Yerlt 40l'N0 rxoe . 11 Se. Le Sdlle St. Chlcoce .( " 1 .74 I 1" 11 Burglars will find very little money in our iMunLs' safes, liec.'uise our cus(rinuT.s have tliu t'onvciiKjiiee of (leimsitiiig their funds or checks up until 10 o'clock at night. 'it", "Sj .si ' 5 .") i i in, .15 e;m 11. . ,i , , i I.I TRUST COMPANY X4&9 Ciest nut Street HOURS QAM-iOPM . I In Continuous Business 11 SOfMd? MOVER Cr OCX I Banicrrs & BneKF.ns ! 801 Oifurmit Slrirt I ii, n I , ,, in I , i ,. i . j I LEE, HIGGINSOH & C'3 , r r.miililUMiil H BOBTON N11W VOltK CIIIPAOO laeii X'inaiuc Jji(jg,t I'luluduluhia ll 7 ;;j '; -- i -s, -,",' i '.' i i G i I fe&ti CHICAGO LOS ANGELES Bo.sten SI Information First before you buy or sell a stock-is an excellent rule. Let us give you all the facts available en any of the New Yerk Curb Exchange stocks or bends that interestyeu. At your disposal are printed reports, bulletins, continuous quotations, e-.rensiveinformat.enfiles and well .nformedcustenv ers'menwhocanassistyeu in gathering the facts en which te base your com mitments. Valuable 38-page book en iradlnf? procedure free en rcqucit Jenes &. Baker Members New Yeik Curb Efffl Dlrtct PrlvnteWliei NtwYeiL (.'Mice IH-noe Phl.iimp I'ltusiiit'i DMtiit ,,',ln""i;.,i.''"l-. PHILADELPHIA OFHCB Widcncr Building . Bell Lncu.t4730 1L-pbenei K.tone HceJ86l DALTIM'ORE OFFICE Iimurseu Hetel Ttlephorie lla84-l An Investment Bend Heuse c.ubb.liDd urnl with jn "J,1',!! atlen, by leugn ct e. chn w J" ilsitleii, r, Iters ft ram P,."'ll,k,l. a rn ii I'liiuiiii vy n. in ,"-vs'-"j ..mi nn I neulnli-r of th builn "d,"K uiiutuai iri'crtunltv. te inrtlclnHJ ' ii 'I. tu.l i ' I In ceiui in C 107, i, iinurr um - ---ib Adilrm LtUOEU OFHCE i. (si . a h i7m fy "& SUnS vilivt. 4. ..S4.4.. rt fstMjmMBmKmmi0BMMMimmuMem'a nciitDcri ni hip i niiMifiKj"":. ;-., .. . .. ..Lit. jt.iniiia. new nl ClilciiKO Blocs ':":, STOCKS A UONUii . , . A. .mh or cini" hi mi mill JirBl'J.,- TVaintit ft mimi mm whmi.1 mi-i ii .-" JJ,M RACE P. GRIFFITH & ca! Certified Public Account I v x. i I 111 I i IIINIl. J'lllHU.ip tlnii.n. 1 f'.rlffilh C ' 1 WiimiiI ll. niciJer. -,. SVlu. Ltwi Mcat, -' im " m 1 ,," Mi