Newspaper Page Text
PURITIES Of FERED AND WANTED .K.R CeJr.&Co.WiliBuy IAO ?mter. I'.vannmld I'M. 2ft Amerlrmi Machine * Fdy. 100 Ruryrus Co. Com. M tOO ?.enere? IlnU?ng Com. A Fid. r>0 ?.Ion.. Tr>:.? In?, M Holly Ungar Pfd. 1: 100 Klrb.v Lumber Com. ft Pfd. 1 ( 900 Kerr Na\ Ijriit !ou I 10 Manhattan Mtge. Com. 1 j 60 Murray Co. (Texas) j 100 P. V. Collier ? ??.on? Com. ? , ?0 rathe Fr?res I'lionogrnplt Com. 100 PAcahODta? Fml Com. ' 100 Koj ul Typewriter Com. ?0 Ten?? Parlfle Coal * Oil ft? I). S. Mre In?.. i ? 80 WeMrlirMer Ihm. o . 100 W. K. Tiliotson Mfg. Com. J ?. K. R!ce,. r. & Co. Will Sell j 100 At la? Fort tond Cement'Com. 25 Katterv Park Nat. Bunk M K. W. tlllN? Com. 100 F.lsemann Magneto Pfd. 16 tient rut Clieniical Com. 10 Harriman National Hunk. 100 1ngerr.nll-K.ind Ffd. 100 ...diet & ? hirftj-o K. K. 100 M n honing Coal H. R. 26 Nulional Surely 109 Penn. Coal * Coke 14 Providence & Wort-ester. 50 Sou; hern l tiltiles Pfd. 100 Tidewater Oil 60 Tex.is I i?<:fi> Coal * Oil. 50 Victor Talking Machine SU Win? heater Co. Com. "?"> Win. trump Ship & Kng. Blilg. J.K.Rice,?Jii%&Co. Phone? 4000 (o ?010 John 36 Wall St.. S Y Gillette Safety Razor Stk. & Rts. Amer. Light & Traction Com. Commonwealth Power Ry. & Lt. Central ?guirre Sugar Godchaux Sugar Pfd. Packard Motors Com. & Pfd. Revere Motors Wilson Tire & Rubber Goody ear Tire & Rub'r 7% Pfd. Firestone Tire & Rub'r 7 % Pfd. Wickwire Spencer Steel 6s General Electric 6s i ? Morton Lach&ibmch. & Co ?#2 J3x'<m.<3- Str?ecfc, *y?cv?'Y?n&?*j CtOCAOO DETKOir PHILADELPHIA P1TTSBUB0H | Carib Trading Co. * Texas Pacific Coal & Oil Central Aguirre Sogar Madison Tire & Rubber Indian Refining Aetna Explosives 6s CC.Kerr&Co. 2 Wail St., N. Y. Phone 6780 Recto, vwm'rw?u??&w?f?mtfr,wwam//??sf Ifertoll Ilrothera '?Jitblif. ?i?.l??y ffrtturUlM 111 aJnuiuuiay, 3?. $. Commonwealth Power Railway ?5c Light Company 7% 1923 Private Phones to Philadelphia i. Boston il t?arU A Noble Theodor? C. ?t?rwt? NOBLE & CORWIN j to Mroai? 41 New Y?*fc j Kpech. & Met. Nat.Niks Bernent Com; Guaranty Trust Tex.Pac.C.&O. J fr Woodward Iron Common Merrill, Lynch & Co. Trolling Depart ment 120 Broadway. New York Phono? Kector 7G83-7C92 Inol. Safety Car Ht.&Lt, Title Cuar. & Trust Eastern Steel Com. Central Aguirre Sugar Singer Mfg. Fajardo Sugar Stone,Prosser & Doty ! ?52 William St. Hanover 7733 Deadlock in Time Loan Market Broken (Money brokers reported yesterday tttat the deadlock in the Stock Exchange tame loan market has been partially broken. Although the chief lending ln . stjitutions are still refraining from making substantial advances for peri? ods running up to ninety days it was stated that a few small loans have been ? arranged at 8 per cent on mixed collat? eral and S'-j per cent on all industrial collateral. One broker reported that he had borrowed on nil Liberty Loan col? lateral at 7 per cent. According to money brokers a greater supply of time loans is likely to make their appearance if tho call'rate con- i tinues long at 6 per cent. They say ! that the offerings arc now consider- j ably in excess of tho demand, despite the recent upturn in stock market prices. One reason assigned for the ' disinclination of tho larger banks to lend on time while the rates have been so high was that they did not wish it to place themselves in a position where they might be accused of contravening the state usuary low. Financial Item? Arthur W. T.oaBby. vice-president of the ?""quit* 1>> Tr?si Company, has beon elected a. trustee of that institution. Julius G. T.ii?y. ti ho ha? been Acting For? eign Trade Adviser of tho Department of ?tat*, has resigned and will become af? filiated with the firm of Speyor & Co. lClliha Walker and Joseph P. Cotton have been elee-ted directors of the Coluni turn. Trust Company. T. L. Chapman. Now Tork partner of P. W. Chapman & t'o., announces his with? drawal from that firm ad of February 1C. The New York Trust Company lias been appointed registrar of Oe preferred an'l .oinmoti stoeKs of the Union Tank Car ' onipany. DIVIDEND NOTICES MAHONINO IXVKWTMKNT CO. A dividend of One dollar and fifty cent? par ?tiara ha? been declared on the stock of this company, payable March 1, 1929, ?o ?rtookh'iidei? of record February ?let, ltMh 1?BWIS UJBJMK, BaortUirn Pnblic Utilities Bid. Asks?. Adirondack Else Power. 1* t7 do pf. 77 ?? American Light & Traction... 1T7 IM do pf.?s ;t ?American Oas & Electrlo.120 125 do pf. 39 ?1 American Power A Light. ?0 ?5 dour.70 74 American Public Utllltl?. 7 3 3 do pf.23 27 Am Waterworks Ktectrifc. 3' 4 ' Am W W A E participating" pf? 3 "> American WU" A 7 1st pf. 4T G? Carolina Tower A Light. 82 88 Cities Service.260 ?*0 do pf. 69<4 71 ? do bankers' ctfe. 39.U 41 do 7 per cent, ser B. 1966.. 140 ? do 7 per cent, aer. C. 1966.. 99% 102 Colorado Power . 16 IS do pf. 90 98 Commonwealth rr Ry 4L..., 17 2t do pf. ?7 40 Denver Oas A Elec gen 8a.... 87 ?8 Electric Bond A Share? pf.... 87 91 Empire District Electric pf.. 70 75 Federal Light A Traction.... 5 ? do pf. 48 47 , Oa? A Electrio Securities_800 400 * do pf. SO 8? Northern OMo Electric. ? 20 do pf.: 60 68 i Northern Ontario Lt A Power. 10 14 i do pf.?...86 ?2 ?Northern States Power....... 55 82 do pf. 87 ?1 ! Pacific Oas A Electric pf. ?3 86 ! Republic A Ry Light Co. IS 17 ! do pf. 45 49 : Southern CalKornla Edison ....86 90 do pf . 99 104 Standard Gas A Blertrlc. 1? 21 I do pf. 3? 41 Tennessee Ry, Lig*? A Power. 1% ? do pf. 7 9 United Light A Rys. 25 3? do pf...SO 63 Western Power . IS 22 6S 72 ?5?. ?7 ?3 79 78 ?9% 75 99 83 79 85 do pf Bonds Appalach Power let 6s.. Cincinnati Oas A Eloo 5s. Col Oas A Elec 5s, '27... Col Power. '53 . Dallas Elec 6s. '23. East Texas Elec 6s, '42.. do 7s, '21.'. i"t Paso Klee co! 6a. Great West Power fis. '46 Midwest CtJ) 6s. '25. Miss River Power 1st 6?.72 Vi Northern Ont Light & P 8s... 64 Northern States Power 6s, '26. 86 Pacifio Gas A Elec 6s, '81. 88 Puget Sound Trac L & P 7s. .. 94 Twin City C A B fis. 7o Un Light R 1st 6s, '82. 73 Suxar Stocks Asked.. Bid 22 '' SO 80 142 420 118 76 15 Bd Card-Am.. 18 do pref. 70 C Aguirre. 77 Fajardo ..138 Gt West..400 do pref. 115 Guanta'mo. 72 Mat-Am . 10 70 90 81 sa 82 100 90 81 % 90 7414 69 89 95 97 78 76 Asked. : Mafc-Ampf 60 70 Michigan.. 11% 12ft National .140 145 N Niquto.225 ? S Cecelia.. 75 83 do pe?. 76 82 Am Cyan. 25 do pref. 52 By-Prod ..100 Cossin Co. 47 Dow Ch..200 Du P C p. 7V? Fed Chem.100 do pref. -- Graiselli ..160 do pref. 100 Savannah do pef. 89 Chemical Stocka 5 30 Hook Elec. 65 >2 59 do pref. 65 110 Ky aolvay. 90 53 Mec Co p 92 Merrimac. 88 Mulford Co 53 Nisg Alkp 95 Semet 0..167 Solv Poe.. 190 9 105 100 170 102 Tobacco Stocks Conley Foil.275 G W Holmcs.i?O do pref.. 97 J S Young.. 125 do pref.. 95 Mac A & F.. 140 326 160 lui 135 100 155 Por R-A T.128 R J Rey A.515 do ser B.400 do pref. 104 Weym-B ..165 do pref. 96 Steel and Ordnance Stocka Am Brass. 208 Atlas Pw.155 do pref. 85 Bab & W.115 Bliss, E W.420 do pref. 62 Can FAF.200 Carb SU.. 100 do 1 pf.107 do 2d pf 70 Colts A... 54 D P Pow.300 217 165 90 120 450 68 225 110 110 75 57 320 East Steel. ?7 Emp S & I 25 do pref. 65 ?Here P.. 190 ?do pref. 102 Niles B-P.107 do pref. 107 Scov Mfg.390 Thorn Iron 30 Win Cor. .400 Woodward. 35 116 98 66 100 136 650 430 107 165 100 39 35 70 210 100 110 110 410 35 45 ?Ex dividend. Miscellaneous Stocks Am Chicle 74 do pref. 80 Am Leath. 58 do pref. 89 Am Mfg..lt>0 do pref. 88 Am M&F.100 Am Typ F 43 A D T NJ 25 A W c pf 98 Atlas P C 70 BB&S 1 p 88 do 2d pf 70 Bor C Mk.109 Bush T pf 77 Va Celluloid .150 Chillis Co. 90 do pref. 95 City Invcs 72 Col E Sy.750 Crk W pf. 9? D L &-. W.170 F R 1st pf 95 Draper C..145 Int Sil pf. ?5 Lima L pf 93 79 86 65 95 170 91 47 35 98# 75 93 m 85 155 95 100 77 850 101 100 147 100 97 Nat ?ash. 120 130 N J Zwst.280 290 N Co 1 pf.101% 104K I _?. ... . .. 99M?, 250 ! 64 93 26 I 89 , 150 : O'Neill pf. Phelps D.240 Phil J Cor 57 do pref. 90 P & W pf. 95 R Reis & C 22 do pref. 82 Ry Bak P.140 i do pref. 90 a* Singer Mg.145 150 S L IM&S 43 47 94 Stoll S pf.103 ? S D W pf.102 Stern B p.100 T&PC&On. 95 Valvol pf.102 VRaalteln 40 do pref. 80 W C Kerr. 50 do pref. 77 W & E pf.100 Yale & T.2-60 105 103V4 104 100 104 42% 85 65 8: 103 275 New York Bank Stocks .600 .215 :295 .210 .420 .150 America .. Atlantic .. Am Exch.. Battery ... Bowery ... Bryant P. Bway Cent. 150 Bronx Nat. 150 Butch & D. 83 Chase .430 Chat & P..310 Chelsea Ex.125 Chemical ...580 Citz Nat...250 City ...."...3V5 Gotham _200 Greenwich .375 Harrlman ..375 Hanover ...820 Industrial . .205 im & Trad.590 ?Irving Nat.38? Liberty ....415 Lincoln ....275 Manhat Co..250 Mech & M..450 Metrop'tan .340 Mutual _490 Merchants ..240 ..845 . .860 .225 .175 630]Coal & I.. -H Colonial .. 305 Commerce 220|Columbia . Corn Exch..465 Cosmop'tan.110 Com'cial E..415 Com'wealth.221 Cuba .170 East River.. 160 Fifth Nat.. 150 Fifth Ave..900 590iFir?t Nat...960 270: Foreign TB.100 385Garfield N..235 215 New Neth.,200 N Y N B A.460 Park .750 Pacific _135 Produce Ex.375 Public .335 Seaboard ...650 Second ....400 State .210 23d Ward.. 150 Un States.. 170 Union Ex... 180 W'chester A.200 Yorkville ..375 160 160 160 440 820 400 840 610 S95 430 285 460 360 250 230 230 180 950 980 115 245 210 480 770 700 425 100 Trust and Security Companies Alliance ... 80 ??Am Trust. ? Am Swety. 7" Banker*. .. .365 Bond & M.220 Bklyn T Co.500 Cent' Union.410 Columbia ..345 Commercial 150 Empire Tr..80O Equitable ..280 Farm L&T.430 Franklin ..240 Fulton ., Fidelity .. Guaranty Hamilton Hudson T. Kings Co. Law Mtge. .250 .230 .363 .255 ..155 ,.640 .120 90 78 375 23? 615 420 355 160 290 440 250 260 340 875 266 665 130 Lawyers T.127 Lincoln Tr.,175 Manufac'ers.2U5 Mercantile .310 Metvopol- .. .293 M ?Ce Bond.. 90 Mut T of W.105 Nat Surety. 197 tN Y Title. 140 N York T. .625 N Y L I&T.725 Peoples _290 Realty Asso.105 Title G AT. 380 Un States..840 U S M & T.410 U S T Guar 80 Westchester.130 W & BTAM.165 tSee New York Title and Mortgage. Insurance Companies 1S3 305 95 3 25 205 145 745 310 115 890 880 420 85 140 176 153 Am Allianee.270 ?]Gt Am rta. .152 City of N Y.175 --Hanover ... S>) Con'nwlth.. 300 825 Home .510 575 : Coiuutcntal. 7') 78 Nat Liberty.170 ? Fid & Phoe.650 G75 Niagara ...230 260 j Franklin .. 86 94jStuyvesant.. 50 75 i Globe & R.800 ? fWestchester. 35 40 Great Am..250 260 Standard OU Stocka Bid Asked Anglo-Amer Oil Co Ltd. 85 25V? Atlantic Refining Co.1885 1400 do pf. 112'? 113H Horne-Scrvmser Co. 480 460 Buckeye Pipe Line. 94 98 Chesebrough Mfg Co. cons.... 330 250 do pf . 106 110 Continental Oil Co. 490 600 Crescent Pipe Une Co.v,. S3 . 85 I i'unib?>rlarid Pipe Lino Go...... 160 170 i Eureka Pipe Une. 140 148 Galena Signal Oll Co pf, new. 98 99 i do con i. 78 80 Illinois Pipe Line . 164 1??8 Indiana Pipe Line Co. 96 97 International Petroleum. Ltd. . 59 60 National Transit Co. 1:914 31 Northern Pipe Line. 99 103 New York Transit Co. 184 188 Ohio Oil Co.840 350 ! Penn-Mex Fuel Co. IS 67 1 Prairie Oil A Gas Co. 895 ?03 i Prairie Pipe Line Co. 230 140 , South Penn Oil Co.300 905 i Sola' Refining Co. 810 87? ?Southern Pipe Lin? Co. 150 158 : South Penn OH Co..300 805 ? South Wost Penna Pip? Lines 98 97 Standard Oil Co of California. 310 815 Standard Oil Co of Indiana.. 880 690 Standard Oil Co of Kansas.... 690 610 890 400 490 510 Stundard Oy Co of Kentuckv. Oil Co of Nebraska'. . Standard Oi Standard OH Co of New Jersey do pfil . 115 Standard Oil Co of New York 40? Standard OH Co of Ohio. ?>05 do pf . IDS do rights. 6 Swan A Finch Co. 95 Union Tank Car Co. 189 do pf. 100 do rights. > Vaouum Oil Co..,..,.,..,,,.. <|? Washington OU O* ?en.?et? t? 156' 4 03 ?l'O 1U8 8 100 11a 108 Itt 41 Miscellaneous OH Companies Bid. Asked. Atlantlo Loboa OH Co. com.... 60 Atlantic Lobos Oil Co, pf.... US Cosden A Co. 8 % KIk Baatn Petroleum Co. 8 H Houston Oil Co, com. 98 Imoerlal Oil, Ltd. 110 Magnolia Petroleum Co . 400 Merrltt OH Corporation . 18% Midwest Refining Co. 1(0 Northwest Oil Co. 40 Producer? & Refiners Corp.com 7% Sapulpa Refining Co. 6 Now York City Bond? Security, rate, maturity. Bid Inter. 4%s. July, 1969-UM do 4%s, June. P.m."-05Vi do 4Hn, March. 196.1... 95M do 4%fl. My A N, 1957.. 95Vi do 4%s. April. 198?.... 90 V do 4H". March, 1964.. 90V do 4%a, March, 1962... 80T do 4%s, Sept., 1960_ 90V do Hi?. May. I960. 90V do 4s, May, 1969. 86 t do 4s, Nov., 1989 ?0 140 :s 102 120 435 19% 1RS 50 Ask. Tleld. 96 ti 4.67 do 4s. May. 1967. 86% 4e,_ Nov. l?56-'8?... 86% ?6*4 96% 96% 92 93 ?2 92 92 88 % HSV, SSI, 88% ?2% 80 80 Reg.. do 4s. Nov.. 19S6. 91 Inter. 3Vis. Nov. 1964_ 78 Coupon 3Vss. May, 1964... 78 New York State Bonda Canal Imp It's, Jarr, 1964.105 107 High Imp 4%e. Sept. 1963.105 107 Canal Imp 4%s, Jan, 1965.100 10214 High Imp 4 Vis, Mar, 1965..100 102V? P Cail'Ter 4%s. Jan, 1945. .100 102-% High Imp 4s, March, 1967. 96 93 High Imp 4s, March, 1960 ?62, Ino. 96 98 do 4s. M * S, 1968. 96 98 Canal Imp 4s. J & J, 1960 '62, Inc. 96 98 Federal Farm Loan Bonds 4%s, 1939 op. 1?24. 97 4%s, 1938, op, 1923. 97 4%s, 1937. op. 1922. 97 6s, 1938, op, 1823. 99 Short Term Securities Am Cotton Oil 6s, 1924.. 97 97"*i do fis, 1924 . 94% 95% 4.67 4.67 4.67 4.6? 4.6? 4.69 4.68 4.63 4.64 4 66 4.65 4.68 4.61 4.66 4.6? 4.10 4.10 4.10 4.10 4.10 4.06 4.0? 4.0? 4.6? ?8% ?8% 98 V* 100'.4 6.60 8.10 Markets in < Baltimore Open High Sales 800 Atlantic Pel 140 Cent Ter Su pf. f? % 200 Cosden . 8% 675 Celestino .... ?.35 70 Citizens' Bank 41% 12 Cons Power .. 97 25 Cons Coal ... 78 100 Davlson Cli .. 35 100 Houston OH pf 81 1?5 Indlahoma ., 7% 20 M A M Trns. 60 86 Mt Vernon Mills 54 15 Md Cas rights 1? 81 Pa Water Pow 75 Bonds $1000 Cosden 6s, A. 87% 16000 do B . 88 2000 ConB Power 7s 98 % 1000 Cons Coal 6s. . SS 20000 Un Ry In 4s. . 44% 1000 do 1st 4s. . . ti??t Boston a* 8'4 35 81 7% 60 64 18 75 87 ?a ?8 ' 98% 2.35. 2.35 41 Va 41',4 97 07 78 85 80 ? 7 V? 98% 4 4 % 4 4 ?' 15 SO 7% 60 54 18 75 87% 88 08% 88 44% 66% <Sb] 71 11% 63% 360 ' 25 18% 71 11% 62% 360 21% 11 % 3% 18 40 4 8% 20 J0% 16% 31% 60 14% 40 8% 2% 20 62% 33% 44 70 4% 10% 28 22% 42',4 110 Ahmeek . 71 700 Arizona cml.. 11% 140 Big Heart_ 7 92 Cal & Ariz.. 62% 2 Cal & Hoc. ...360 ?4970 Carson . 21% 236 Davis Daly.. . 11% 80 Daly West_ 3% 40 East Butts. . . 13% 60 Hancock . 6 20 Helvetia . 3 160 island Creek. 40 200 Kerr Lake.... 4 435 Mayflower O C 8% 160 New Cornelia. 20 46 Niplsslng _ 10% 67 North Butte.. 16% 6 Old Dominion. 31% 50 Qulncy . 60 6 Seneca . 14% 50 St Marys. 49 95 Utah con. 8% 60 Utah . 2% 25 Wolverine ... ?0 30 Bos & Albany. 123 35 Boston Elev. .. 63 1670 Boston & Me.. 33% 18 do pf A. 44 65 do pf B. 72 60 Mass Blec. 4% 70 do pf . 10% 496 N Y N H &. H. 28% 475 Rutland pf_ 22% 40 West End .... 44 Miscellaneous 13 Am Ag Chem. 80% 89% 88 do pf . 93 93 10 Am Pneu Svc. l'A 120 Am T & T. . .. 98 9 Am Wool pf. ..103 5 Clinton Wire.. 24 25 E Boston Land R 10 Eastern Mfg. .. 30% 140 Eastern S S. . . 21 176 Elder . 28% ' 30 Gray . 33% 15 Int Cot Mills.. 66 15 do pf . 63 100 Int Portland.. 18% 47 Tnt Products.. 28 35 Mass Uas. ?19 do pf . 30 McBl 1st pf. . 10 Mathleson . . . 266 Mcx Inv. ,'slO Nat Leather. 14 5 Ohio Body... 6 Punta Suf*a r, 30 Root . 81 Khawmut S S 236 Swift * Co. . . 43 do Inter. . . 30 United Drug. ::o do 1st pf... CO United Fruit. 76 United Shoe. , 25 do pf. 325 Waldorf . 18% 380Waltham W.. 30 12 Walworth .... 24 10 Warren 1st pf 60 Bonds $1000 A G W I 6s... 75% 75Vi 75V Boston Curb Bid. Allied ' Bid Blk Hawk..76c 8f>c Mcx Metals. 15 Bohemia ..... 1 % 2 Mid Moss...60 V I Vi 00% 14 .120% . 43 % .132 . I'D .185 ? 44% 26 42 4 8% 20% 10% 16% 14% 49 9% 2% 20 124 6 3 36% 44 4% 10% 31 24% 44 1% ?8% 103 24 5 30% ?1 28% 33% 66 93 13% 28 61 11% 7 6.1 3fi0 24% 11% 3% 13% 5 3 42 4 8% 20V4 1014 16% 32 60 14% 49 9% 2% 20 124 62% 36% 44 72 4% 10% 31 24% 42% 89% 92% 1% 97'4 102 24 30% 21 28% 33% 66 93 18% !?7% 71% 60% 97 S9% 92 Vi 1% 98 102 4;: ?4'4 29% 82 44% 120% 43% 132 r0 186 45% 26 3 8% 40 24 60 24% 120 43% 132 50 183 44% 2P% 18% 39 24 60 5 j 30% ! 21 ' 29 33% '? C6 0 3 ! 18% 28 6? ?8 4 4 U 25 120 43% 132 60 184 45 25% 18% 40 24 P0 Bos & Mon. .67 Calaveras . . ??? Chief Con. ..4% Con Coppr. . 4 % Crown Rsv...30 45 Crystal newGl 62 Denbigh ..?35 45 Eagle B B 2 1-16 2% Fortuna . 6 9 Gadsden ... 1 Homa .10 Houghton ..76c Iron Bloss.. 30 Iron Cap....10% 18 Jerome Ver.BOo B5c La Rose.. . .35 Majestlo ... 15 Moj Tung. l%|Monarch ..9 4% Ntl L & 5S. 4%!.N'ev Doug... 5 (New Baltic. 11 Sales "0 Am Radiator..330 80 A D Cohn pf. . 04 % 150 Am Shlpbldg. .100 19500 Ai-m Leather.. 16% 2200 do pf . 94% 1000 Armour pf.... OS 16 Booth Fish ... 11 10 do pf . 69 100 Chi C & C Ry. 1 ?575 do pf . 9 132 Chi Elev Rys. . 1 850 do pf . 8% 8785 Chi rtys Ser 3. 6 220Cudahy Nixon .15 17 Onondaga ..16 35 Orpheum . .29 % 30 Pilgrim _19 22 Pioneer . . .80o Rngr Petrl.. Sev Metals. 23 S W Ml ( p, S 4 Texana -27 SO U Verde Ex.37% 38 Yukon . 1 1% 20 Chicago Open. High. Low. Last. 330 830 330 12 1% 35 95o V0 69 1 10 1 8>.i. tyV4 99 94% 100 16% 98 96 105 16% 94 a? 97% 1 1 69 I 10 1 8 6 99 210 Comw Edison.106% 108% 106% 106 425 Cont Motors. .. 12% 20 Godchaux .... 55 160 Gt L D & D... 85 860 Hupp Motors.. 14 820 Lindsay Lt- 7% 1100 Llbby . 25% 320 Mont Ward. . . 36 35 do pf .106 200 M-W Util pf. . . . 43 1500 Nat Leather. .. 14'i 300 Orpheum . 2:'1 14 Tub Serv pf.. . f8 15 Reo Motor. 25 25 Searo Roeb pf.116 1O00 Shaw . . 64% 2500 Stew Warner.. 40'i 10 Stowart Mfg. . 40 200 Stand Gas & E 20 ISO do pf . 40 700 ?Sw'ft Intl. 43% 12 % 12 65 55 85 84% 14 13% 7% 6% 25% 24% 86 84% 106 106 43 42% 1 4 Vi 14 29% 28% 116 64% 41% 40 20 40 4 3 % 40% 06% 12% 65 86 14 6% 25 34% 10? 4 3 14 20% 38 116 62 41% 40 19% 89 ? .1 Vj ** ?? "7*1 20% 130% 43% 48% 41% 67 50% 42% 67 61% 39 20% 70 49 90 10* 50i; 1.70 23% 40 4;.'% 43% 119% 119% 43% 43% 66% 60% 106 50% 1.H8 600 Swift & Co 20 Thompson .. 60 Ten tor Prod. 8400 Un Carbide.. 135 Un Iron Wks 1600 Wahl . 8!) 220 W'est Knit_ 20 Bonds $4000 Chi C R 1st 6s 70 1000 Met E R 1st 5s 49 2000 Swift 1st 5s. . . 90 Detroit S00 Cont Motor... 12% 50 Det Edison. . .106 200 Lincoln Mot.. 60% 500 Noble O & G. 1.70 200 Parkard . ?2% 250 Paige Detroit. 39% 450 Reo Motor Car" 25 25% 2k Philadelphia 70 Alllance In wts 6% 6% ? 1650 Am Stores.... 41 41 40 8l2Am Gas. 8? "8?% 65 10 Am Ry? pf... 66 66 68 60 Am T A T.... 07% 07% 97% 60 Brill . 48% 44 43% . 898 Bleo Stag.113 114 112 110 Hunt B T pf.. 13 13 13 !S7Ins Co N wt?.. 10 10 10 600 Lake Superior 17% 17% 17% 135Lehlgh Nav... 62% 62% 61% looi.ehlgh Vulley 43% 43% 43% 10 MIdvale . 4?>i 46', 1017 Penna R R. .. 42 42'. Henna Salt.. . 75 ;3 75 > Plia Co cm pf ;?2'j C-31 Pha El e:; di '- 24% 84 ?. Pha R T t c. . 23% 23"i Rending . 724. 7.: St L San Fran 31 340 275 140 .145 100 100 100 128 i 9 I? 4fii, 42% 66% 51% 87% 20% 70 49 90 106 60% 1.70 23 40 25% 40% 55 68 97% 44 114 13 10 17% 61% 43 = 46% 42'? Ton Belmont. 2% Ton Mining... 2% United Oaa Im 54 Weat Electric 61 W Jer A B a |ft Wastm.tr Coal 10 2? 54 51 37 Tl --% 2% 2% 53% 61 3? n 2% 3% 53% 51 Security, rate, maturity. Bid. Ask. Yield. Am Tel A Tel ?s, 1982... 9?% ?? 7.50 Am Thread 6s. 1998 . 99Vi 101 5.80 Am Tobacco 7?, 19?0_100 100% 6.90 do 7s. 1991.101 101% 6.2? do 7?, 1923 ,.101 103 6.16 do 7s 192.1.101% 102^ 6.40 Anaconda Con 6s, 1939... 96 96*4 6.60 Armour A Co conv 1920 11124 .100 103 Beth Steel 7s, 1922.100 100% 8.75 do 7s. 1938. 99% 100% 6.90 Can Northern Ry 6s, 1922 95 98 7.10 do Cs. 1924. 95 98 6.60 Can Pao Ry 6s, 1924. 94 94% 7.55 Cen Argentina Ry 6s, '27. 80 94% 7.65 C, H & Q (lolnt) 4s, 1921. 93 % ** 8?,? C, C, Chl A 8t L 6s. 1929.. 85 86 8.10 Cuba Am Bug 1st fie, 1921 99% 100% 6.7*. Cudahy Pack 7s. 1923-100 100V? 6.86 Del A Hudson 6s. 1920... 99 99V? 6.0? Fed Sugar Rer 6s, 1924... 95 97 8.70 Ocn Electric 6s. 1920. 99% 100 8.00 Gt Nor Ry 5s. 1920. 98 ?8 H 8.00 Gulf Oil Corp 6s. 1921... 97V? ?9 6.70 do 6s. 1922. 97V? 0? ??*$ do 6s. 1923. 97% 99 6.8? Hocking Val R R 6s, 1924 89 93 7.90 Int R Tran conv 7s, 1921. 6? 68 - J Dold Pack 7?, 1920_ 89% 100% ??*? do 7s, 1941. 99? 101 6.40 do 7s. 1932. 99% 101% 6.45 do 7s. 1923 . 99% 101% 6.65 Kan City Ter Ry 6s. 1923 96% 98 6.80 Laclede G 1st 7s, 1929- 93 96 7.b0 Liggett A Myers 6s. 1921. 98% 08 ?? 6.60 Mollni> Tlow 7b, 1920. 99U 101 5.96 do 7s, 1921. 99 V? ion? 6.20* do 7s. 1922. 99% 101% 6.45 do 7s. 1923. 99% 101% 6.66 do 7s. 1924. 99% 101% 6.60 N Y Central 6s. 1920. 99 99% 6.60 Philadelphia Co 6s. 1022.. 92 96 8.80 Penna Co 4%s, 1921. 96% 97% 825 Pitts A S col tr 8s, 1920.. 9?% 100 .4 ??5 Proct A Gamble 7s. 1920.. 99% 100% ? do 7s 1921.100 100% 6.20 ' do 7s,* 1932.100% 101% 6.80 Public S N J. Nov 7. 1922 8S 89 12.10 R J Reynolds Tob 6s. 1923 98 98% 8.65 .Southern Ry 6s, 1922.... 93% 94V? 9.20 ?PUD gen 5%s. 1923.. 96% 97% 6.80 Swift A Co 6s, 1921. 98% 09% 6.<R West India Sugar 6s, 1922 96 98 7.80 Utah Secur Corp 6s, 1922 84% 81% 12.40 Other Cities Bonds Sale'?. Open. High. Low. Last. $2000 1,11 VI Cs. 1928.100% 100% 100% 100% 3000 Pha El 1st 5n. ?OVi 90% 90% 90% ? 1000 Pll Co en 5s st 77 77 77 77 lOOOpRiGn 5s. 1968 89% 8?% 89% 89 'ii 2000 Reading 4s... 79% 79% 79% 79% 6000 Un Ry Inv 5s. 70 70 70 70 Pittsburgh 20 Am W G Mach.120 120 120 120 10 do pf. 93% 93% 93% 93% 2885 Arkansas Gaa. 27% 27% 26 26% 25 do pf.113% 118% 113% 118% 30 Barnsdall Corp 49% 49% 49% 49% 110 Carbo-Hydro pf 4 4 4 4 100 Carnegie LA z 8 8 8 8 60 Crucible S pf. .100 100 100 100 200 Ind Brewing.. 3 3 3 3 75 do pf. 9% 9% 9% 9% 480 Ouffey Gill_ 27 <a 27 % 27% 27 V? ? 40 Kay Co Oas... 2 % 2 2 545 Lone Star Gas 3? 36% 35% 36 1631 Marland Ref.. 5% 6 % fi% 5% llOMfrs L & Hem 56 56% 56 5?% 85 N'at Fireproof 7% 7% 7% 7% 4a Ohio Fuel Oil. 25 28 25 28 211 Ohio fuel Sup 48% 47% 48% 47 96 Pitts Brew. ... 5 5 5 5 100 Pittsburgh Coal 66 56 56 5? 1500 Pitts .Torome.. 16o Ific 1 fie 16o 150 Pitts Oll & Gas 13% 13% 13% 13% 66 Pitts Pinte G. .164 164 164 164 20 T'nlon Nat Gas.123 133 123 123 20 U S Glass_ 56 5? 56 56 145 Weat'houso A B110 110 109% 109% 125 West houseElec 50% 60% 60V* 50% Bonds $1000 Ind Brew 6s.. 54 54 54 54 Toronto Adanac .... 2 6 Atlas . % % Bailey . 3 6 Bvr Con.... % % Chamba Fer. 7 10 Con logas ... 2% 3% Crown Rsv. .30 40 Dome Ext.. 23 30 Domo Lake. 7 12 Gt North... 1 3 Hargraves . 2 4 Holllnger ..6% 6 Keora .15 26 I,ake Shore. % 1% Bid Ask McXntyre ..1% 2 M In Crp Cn 1% 3% Newray . . . 1-16 3-1U Ptrsn Lake. 15 20 Pore Crown.20 30 Pore Imprl. 1 3 Pore Tsdl.. 1 3 Pr?s E D... 2 6 Tk Hughes. 10 20 Temismng .35 45 Th Kriat... 4 9 Vacuum O.. % % West Dome. 7 11 Commodities (Continued from preceding page over the border will prove a bearish factor in the market. Yesterday's Previous Year New York: close close ago No 2 white. $1.03 $1.03% $0.69% Chicago: May.80% .80 .80% July .73 .72% -'? Rye?Market firm. Yesterday's Previous Year New York: cln<<n close ago No 3 West.. ?1.78% $1.76% $1.45 XTIonr and Meal?-Quotations were: Yesterday's Previous Year New York: c?o?o clos? ago Minn patent $13.12 $13.40 $10.80 Cornmeal ..:j.75@3.80 3.75^3.SO 3.4003.65 Rye flour . .S.25Sr8.R5 8.25?8.85 8.0508.50. Bran .49.50@$50 49.50? $50 46.0? Cottonseed Oil The market was weak and lower, closing with net losses of 24 to 82 points. There was active liquidation and selling by com? mission houses and by Wall Street. The WeBt and South were also on the sell- i Ing side, reflecting a boarlsh construction of the heaviness In lard and the woakness In crude oil. The census report was con? sidered bearish, as it gave the stock of I refined oil on hand on January 31 at 249,. ! 432,000 pounds, compared wl?h 232,927,- i 000 last year. Total sales for the day < were 24.800 barrels. The range of prices follows: W'nsday's '. Open. High. Low. Close. close Feb_ - ??-18.50?19.ft? 19.50 Mar.... 20.20 20.1:0 19.?0 19.88 @ ] 9.92 20.30 May... 20.25 20.30 20.08 20.09iP20.11 20.37 June...-20.10(920.36 20.40, July... 20.52 20.57 20.30 20.35 020.3? 20.6? Aug... 20.50 20.50 20.60 20.35020.65 20.70 Sept...- - 19.06 @-20.26 Sugar and Coffee Current Tear ! prices age Sugar, granulated, per lb_15016 9 Coffee, Rio No. 7, per lb. 14% 15% , Coffee, Santos No. 4. por Ib..24024%? Sugar ? Sales of Cubas for February : shipment at 9 %o, cost and freight, equal to 30.28 for centrifugals, and 10,000 bags ; of Porto Ricos were sold yesterday for prompt clearance at 10c, c. I. f. At the close yesterday It was generally believed that <'uhan sugars had sold below 9%c cost and freight, although no confirmation ? could be obtained, but it was evident that ! refiners were not anxious to pay 9'io for ? Cubas, when Porto Ricos were selling at a discount, and it would not be surprising If Cubas would sell on an even basis. Arrivals of raw sugar are Increasing, so . that refiners are commenolng to melt move freely, and as transportation conditions are Improving the distribution of refined sugar Is expected to Increase. There was only a, quiet trade In sugar futures, with operators generally tnollned to hold off and await developments In th? spot market. Prices, however, wer? easier In sympathy with the decline in raws | and at the close were 10 to 16 points low er, with sales for .he day only 300 tons. Coffee Vutnres-?The market was firm yes torday, with prices making new high ground for the present movement. May i contracts sold 3 4.Sue, an advance of 21 : points over Wednesday's close and a re covery of 129 points from the low level of ; February 4. Last prices were practically ! the best of the day, with til? market show- ; Ing gains of 14 to 13 pointa, ;is compared with thu previous close. December opened 4 points higher, while other months were 3 to 6 points lower ? under scattered realising. The firmer ton? ! of sterling exchange was a sustaining fao- I tor, however, and th? market turned up- ] ward on the higher Rio cables, renewed covering, and buying by houses with do- ! mestic and Brazilian trade connections. ; The official cable showed an advance of I 3-16d In the rate of Rio exchange on Lon- i don, and of 50 reis In the Rio market, while private advloes said Rio wae 150 reis j higher. The futures market at Santos was I still unsettled, being 50 reis higher to 225 reis lower, but tho Santos spot market was ! unchanged, and so far as could be learend In the Street no fresh cost and freight of- ; fers weru received In the local market. Re? ports of a somewhat Improved spot de mand were also a factor on the afternoon advance, and the spot market was quoted firmer on the basis of 14% to 15c for Rio i 7s. The range of prices follows: Wednesday's Open High Low Close Close ? Feb. - -- 14.89014.41 14.1? | Mar. 14.90 14.68 14.28 14.64014.56 14..'4 i May. 14.63 14.8? 14.62 14.88014.90 14.68 June -? - - 15.00015.02 14.78 July. 14.88 16.13 14.88 16.13015.lS 14.90 : Aug. - - - 15.08015.10 14.87 I Bopt. 14.80 15.00 14.80 16.03016.05 14.83 i Nov. --14.984(15.00 14.82 | Dec. 14.87 14.97 14.87 14.96?14.97 14.82 .Ian.- 14.91(^14.93 14.77 Butter, Cheese and Eggs Butter?receipts were 1.663 packages. Creamery, higher than extras, ?b., 68? tIS'jc; extras. '..2 score. 67067%c; firsts, 90 to :i 1 score. ti3066c; firsts, 88 to ?9 score, 59062c; seconda. 83<#87 score. 64@5Sc: lower grades. 50?SSc; held, higher than extras, 62%@63o; extras, 61@62o; firsts, 6? ?60c: seconds, 49@54c; unsalted. higher than extras, 70071c; extras, 67063c; firsts, 63066c; seconds, 6S08Oo; State dairy tubs, finest. 64066c; food to prima, 18088c; ?ommon t? fallt 46??T?? ran?Y*.ta4. ax Falrchlld Service ALBANY?F. Berner. Jewelry; Longaore. ALLKNTOWN, Pa- ? F. Heins Co.; F. Heins, general mdse.; The Annex. ATLANTA, Ga.?J. Duffy, men's furnish Inga; McAlpln. _ _ BALTIMORE?Frlbush Bros.: L. Frlbush, mfrs. cloaks, suits; Walllck. BALTIMORE?L. Saks Clothing Co.? L. Simpson, clothing and furnishing goods; 820 Fifth Avenue. BALTIMORE?MacCarthy Co.; Henry Rit? ter, neckwear, notions; 905 Broadway; Lalor. BALTIMORE??Stewart A Co.; Mrs. S. B. Hathaway, art goods; 2 West Thirty seventh Street; Assoc. Dry Goods Co. BALTIMORE?loel, Gutman & Co.; R. Mendelsohn, shoos; 200 Fifth Avenue. BILLINGS, Mont.?Hart-Albln Co.; B. R. Albln and R, Hart, dry goods: 116 West Thirty-second Street, Room 1410. BOSTON?J. Swarts Co. ; J. Swartz, Jobs of dry goods; Broadway Contrai. BOSTON?Samuel Lovy, men's furnishings; Aberdeen. BOSTON?Franck Costume Co.; Charles Franok, cotton ami woolen ploce goods; Brostell. BOSTON?Rtvlta Bros.; S. M. Rlvltz, men's clothing, women's ready to wear; Great Northern. BOSTON?Ferris A Robinson; R. S. Ferris, dry goods, linens, laces, notions, hosiery, underwear, clothing, men's furnishings; Navarro. BOSTON?J. Gordon A Co.; J. Gordon, silks, cotton and woolen piece goods; Pennsylvania. BOSTON?Gordon Mfg. Co.; II. Gordon, mfrs. silk waists, dresses; McAlpln. B08TON?II. Simon, tailors' trimmings; BOSTON?H. Levenson, clothing; Walllok. BOSTON?Shepard-Norwell Co., dry goods; J. Shepard 3d, representing; 220 Fifth Avenue. BOSTON?R. H. White Co. ; Miss F. Fitz? gerald, ladles' suits; 433 Fourth Ave? nue. BRIDGEPORT?HowIa?d Dry Goods Co.; J. E. Kolly, laces, embroldorlcs, notions, toilet goods; 404 Fourth Avenue. B?CKHANNON, W. Va.?C. B. Casto Co.; C. B. Casto, dopt, store; Heruld Square. BURLINGTON, N. C?B. A. Sollars & Sons; W. R. Sellara, dry goods, men's furnishings and shoes; Breslln. BURLINGTON, Vt.?F. D. Abernethy; E. J. Bruupre, woolen piece goods; Grand. BUFFALO?Israel Bros.; M. Israel, shoes; Pennsylvania. CALGARY. Alberta, Can-?Hudson Bay C?o. ; ,T, H. Boded, sporting goods, dull?, toys, sewing machines; 220 Fifth Avenue, Room 1411. CATSKILL. N. Y.?IT. L. Boughton; Mrs. II. L Boughton, Miss A. B. Weed, dry goods, general mdse., china, glassware; Continental. CHARLESTON, S. C?A. F. Shakld & Bro. ; W. It. Bhahid, dry goods, etc'.; Pennsylvania. CHICAGO?M. A. Wedsles A Co.; M. A. Wedele?-, furs; A. Stein, furo; Pennsyl? vania. CHICAGO?A. Cohen A Co.; A. Cohen, silks and cotton piece goods; Pennsyl? vania. I CHICAGO?M. Leopold, pleco good!; Broslln. , CHICAGO?Kann A Friedman; M. M. Kahn, ready to wear; 1170 Broadway. CHICAGO?Sears Roebuck Co.; G. V. Ket tlewell, L. J. Mead, furs; 115 Fifth Ave. nue. CHICAGO?Anderson & Co.; I/. C. Ander? son, tailors to trade; Herald Square. CHICAGO?Carson, Pirle A Scott; T. A. Lamond, domestics; 404 Fourth Avenue. CHICAGO?The Fair; Miss N. B. Clifford, bathrobes; 225 Fourth Avenue. CHICAGO?Sugarman, Inc.; L. Sugarman, furs, skins, clothing; Grand. CHICAGO ?A. Weiss & Co.; A. Wolss, mfrs. dresses, waists; Pennsylvania. CINCINNATI?The Pair; Miss E. Krause, corsets; 23 East Twenty-sixth Street. CINCLNNATI? Simons & Levy; J. Simons. Wolcott. CLEVELAND?M. Borman, women's wear; Broadway Central. CLEVELAND?Bell Cloak Co.; H. Leld nar, ready to wear, etc.; Marlborough. CLEVELAND?Hart Co.; G. Kline, mil? linery; 37 West Thirty-second Street. CLEVELAND?William Taylor Son & Co.; ?Mrs. E. Snell. furs; 225 Fifth Avenue. ?CLEVELAND?Kux Bros.; L. Kux, tailored dresses; Cumberland. COLUMBUS, Ohio?Tho Harrington Co.; F. C. Harrington, Jowelry; Aberdeen. DANBURY, Conn.?F. E. Hartwell & Co.; F. B. .Hartwell, clothing, blankets; Murray Hill. DANVILLE, Va.?H. Newman, men's, boys' clothing; The Annex. DAYTON, Ohio?Rike Kumler Co., dry goods; F. H. Rike, president; I. G. Kum? ler, vice-president; 225 Fifth Avenue, room 826. DAYTON. Ohio?Rike Kumler Co.; Miss N. A. Pariieson, millinery; 225 Fifth Ave? nue; Assoc. Mdsg. Co. DHCATUR, III.- -Linn & Scruggs Carpet Co.; C. W. Poole, handkerchiefs, neck? wear, ribbons, etc.; 1133 Broadway. DES MOINES, Iowa?Wilklns Bros.; Mr. Coe, general dry goods; 1270 Broadway; Stanley Macrae. DETROIT?J. L. Hudson Co.; L. Brown hill, cloaks, suits, furs (basement); 225 Fifth Avenue. DETROIT?E. Kern Co.; Miss H. Renner, infants' wear; Miss A. Watko, cloaks, suits, furs, waists; McAlpln. DETROIT?Nawcomb-Endlcott Co.; P. Rice, basement, ready to war elothln?; 200 Fifth Avenue. DETROIT ? H. L. Bartlett. basement dress"?: Mrs. C. Sloan?, asst. ribbons; 225 Fifth Avenu??; Assoc. Mdsg. Corp. DETROIT?William H. Miller S- Co.; F. Coults; J. Wirth, furs, skins; McAlpiu, EA3TON, Pa.--E. S. Blxlor Co.; K. S. Blxlor, woolen pleco goods; Grand. EASTON. Pa.?F. S. Bixler Co.; E. S. Blx 1er, domestics, manufacturing depart? ment, overalls; Grand. FARiViERv li^o, Va.?C. B. Cunningham Co.; C. B. Cunningham, general mdse.; Gregorian. FLORENCE, S" C? L. E. Waters, dry goods; Broztell. FORT WORTH, Ind.?J. Stlllman, coats, suits, dresses; 37 West Twenty-sixth Street. ? FOREST CITY, Ta.?Joseph Co.: H. M. Joseph, dry goods; Broadway Central. FRESNO, Calif.?E. Goltscnalk Co.; M. Christiansen, china and glassware; Navarre. GENEVA. Ohio?J. B. Fuller Dry Goods Co.; J. B. Fuller, dry goods; Walllck. GLBNS FALLS, N. Y. ? F. W. Wiley; F. W. Wllev, ready to wear; Tho Annex. GLOVERSVILLE, N. Y.?M. Lurio Co.; Mr. Levinson, silk and serge di-esscs; 37 West Twenty-sixth Street. GREAT FALLS, Mont.?Tho Paris; W. C. Cobb, toys, rugs, draperies; 116 West Thirty-second Street. HAMPTON, Va.?M. J. Goldstein, cloth-! Ing; I'eSnsylvanla. HAVERH1LL, Mass.?Hooker-Howe Cos-; tumo Co.; C. Hooker, costumes; Alcazar. HOUSTON, Texas?Levy Bros. Dry Goods Co.; L. L. Harris, hosiery, laces, notions, j handkerchiefs, fancy goods. ribbons,; gloves, Jewelry, glassware; 1150 Broad way, 8th floor. HUNTINGTON, Ind.?N. Samuel, women's wear and millinery; Alcazar. INDIANAPOLIS?Hurst & Co.; T. H. Sul? livan, cotton goods, blankets, hosiery, un? derwear, sweaters; Flanders. INDIANAPOLIS?A. J. Trear & Son; E. R. Treat', merchant tellers ; Pennsylvania. ITHACA, N. Y.?Rothschild Bros.; T. H. Greenway, cloaks, suits, furs, waists; 44 East Twenty-third Street; room 508. JOPLIN, Mo.?Newman Mercantile Co.; II. O. Henderson, house furnishings, china; 1133 Broadway; H. C. Lyon. KINGSTON, N. Y.?William Sahloff'o Sons; F. Saholff. general mdse.; Walllck. KNOX.VILLE, Tenn.?Daniel Briscoe Co.; S. F. Dosser, notions; 72 Leonard Street. LANCASTER, Pa.?Matt & Shand; Will? iam Shand, representing; 432 Fourth Avenue. LANCASTER, Pa.?Watt A Shand; C. M. Shertzer, silks, blank goods; 432 Fourth Avenue; 6th floor. LANCASTER. Pa.?Buchanan A Brown; J. A. Buchanan, cloaks, stilts, millinery; notion?, furnishing goods; Pennsylvania LARNED, Kan.?J. L. Dewey, clothing; Pennsylvania. LENOX. Mass,?Peters & Sons; L. Paler?, drapery, etc.; Grand. LINDEN, Ala.?L. Paletz Co.; L. Palet:*, clothing and general mdse; Broadway Central. LOS ANGELES?Broadway Dept. Store; Miss A. Morley, women's knit under? wear, children's, women's hosiery; 96 Madison Avenue. LOUISVILLE ?David Baird A Sons; D. Balrd, ladles' hats: 621 Broadway. LOUISVILLE?D. Balrd A Son; H. Hett rlch.hats; 621 Broadway, r-oom 641 LOWELL, Mass.?J. L. Chalifoux Co.; Miss At. Morris, toilet goods; Murray Hill. LYNCHBURO. Va.?A. W. Hawkins Co.; A. W. Hawkins, women's furnishlnes Elks' Club. ' MALVERN, Iowa?F. MulhoUand, cloth? ing and general merchandise; ElkV Club. , MARION. Ohio?Uhler-Phlllips Co.; C. W. Roykouff, upholstery, draperies, curtains, ' floor coverings; 44 East Twenty-third I Street. MARTINSV1LLE. Va.?M. Marks A Co ? M. Marks. dry goods, clothing and 3hoes; Grand. MACON, Ga^?-Dannenberg Co.; G, Jones tras, 64?56ci firsts, 62953o; Imftatlon creamery, firsts, 46?) 47c; ladles, current make, firsts, 43? 44c; seconds. 4V4?4lc lower grades, >9?40c; packing stock, cur? rent make, No 1, 40c; No 2, 39o; lower grades, 36?38a Che*se? Receipts wore 431 boxes. State whole milk, held flats, specials, 30@3lr: average run. 28%?29c; lower grades, 15? 7,;i~'.,? lr"%hel<i- special?, colored or whit? llFJL.' ,?leri'K0 ?ru;-- 28?33%c: lower grades, 18?37c; Wisconsin, whole 'milk Iw?n\n2JP,i9c? 3ln&? ?aisles, fresh or held, 30? 31c; Double Daisies, held 28% ? ole; Young Americas, 32?33c; State skims l??sV^0,1*,1"1 "?--<-: Prime to choice; 14ij)16c. fair to good, ll<ffl3e; i0v?r grades, 4?10c. ?-*??-? ??wer w.J7i?,?..t7Rec.'?p?8 w?re 16,486 cases. Fresh f?????' fl?ti"-?,?0--' ?s????-; ?tra firsts! ????IS: ??-,"-,"? 6i?'' ?econds and poorer il%lil\ ??'r-??r??**r. firsts, charjfss paid. ribbon? and knit underwear; 111 Fifth M?STbvvTr?il>$?*>? MI8DD'r bBV?% y - "mpkln. Dry noods Co ; S. Mlllpaugh, dress good,.. Siks linings, men's furnishings, toys, milMnery; J. B. Rowley, cloaks, suits, furs, not/onai 404 Fourth Avenue; Con m?lTON'" Fla.-Bates Dry Goods Co. ; H. Its tes dry goods and millinery; Pennsyl MlT,\VAirKKE--Melnecko Toy Co. ; A. K. Mel necke, fancy goods toys; Manhattan. M1NNBAP?LIS-M. L Rothschild Co^ ; J. i.. u. ,??. mena furnishings. Neville. MONTREAL Can.?Greenshild's. Ltd.; W. MA Maft n??n; wash goods; Manh?atan AtnNTFtEAL?C. Schacher, furs; Breslln. MOUNT PLEASANT. Pa.-Leader Dept Store; W. Rakusln. dry goods, general NASHVILLE?Castnor, Knott D. O. Co^; O Kelly, waists and furs, ..3 K?st Twenty-sixth Street. NBWBKRN. N. C?Salem & Hube le; Mr. Halem Mr. Hubelle, dry goods, clothing, shoes;' Broadway Central. NEW BERN, N. C.?F. Nasseff, dept. atore; Broadway (.'entrai. NEW HAVEN?-J. H. Starln. woolen piece icontls; Park Avenue. NEW HAVEN?Edward Malley Co.; w. J. McGuire men's furnishings, knit under? wear, hosiery, i?''>ves; 404 Fourth Ave NBW* HAVEN ? Lawrence Eck, woolen niece goods; Park Avenue. NORFOLK, Va.?J. Myers, women s wear; NORWICH," Conn. ? Reld & Hughes; A. Sharp, ready to wear; 404 Fourth Ave NORWICH, Conn.?B. Ootthelf 4: Co.; L. I, Gotthelf, ready to wear; The Annex. OSHK08H, Wls.?Henderson, Hoyt & Co.; C. W. Hoyt, ready to wear; Pennsyl? vania. _ Pllii...iJELPHIA?N. Cramer & Sons, C. II Cramer, mfrs. clonks, suits; 33 Vvest Thirty-fourth Street; Bristol. PHILADELPHIA?Frank & .Seder; Miss 8. Wechler, children's, Infants' w?3r; 884 Fifth Avenue; Oscar Abel. PHILADELPHIA?New York Cloak & Suit Mfg. Co.; S. Cohen, woolen piece goods; Grand. ? _ PHILADELPHIA?M. Sllvernian & Son; William Slfverman, woolen piece goods; 113 East Twentv.fourth Street. PHILADELPHIA?C. S. Tanquay & Co ; C. S. Tanquay, woolen pioco goods; Orand. PHILADELPHIA?Glmbel Bros.; A. O. Cressman, muslin underwear, waists, int fants' wear; Broadway and Thirty second Street. 1 PHILADELPHIA?D. Degensteln & Co.; D. ? Degensteln, infra, cloaks, suits; 1182 Broadway, room 803, I PHILADELPHIA?T. P. McCutcheon A Bros.; W. H. Hoffard. mfrs. men's fur? nishings and neckwear; The Annex. PHILADBLPHIA?Strawbrldge & Cloth? ier' F. P. Walsh, house furnishings; T, Powers, handkerchiefs, linens; 230 Fifth PHILADELPHIA?B. Axe & Co.; B. Hark, cotton piece good?; Pennsylvania. PHILADELPHIA?Sarhuel Weiss, women's wear; Herald Square. PITTSBURGH?-Sack <fc Son; G. Sack, tailoring goods; Grand. PITTSBURGH?McCreery & Co.; J. E. Davles, silks, cotton and woolen piece goods; 23 East Twenty-sixth Street. PITTSBURGH ? Arbuthnot - Stephenson Co.; E. C. McCabe, notions; 43 Leonard Street. PORTLAND, Me.?Eastman Bros. & Ban? croft; Irene Jardine, dresses; Mrs. Web? ster, waists; J. I. Clark, china, glass , ware, housefurnlsings, toys; J. B. Ams b?y, silks, dress goods, ribbons; 404 Fourth Avenuo. PROVIDENCE?ii. Llppman, remnants; Broadway Central. PROVIDENCE?Gladding D. G. Co.; D. W. Morton, dress goods, silks, cottons, pat? terns; 200 Fifth Avenue, room 518. PROVIDENCE?J. P. Mourin Co.; J. P. Mourln, jobs silk dresses, suits; 277 Fifth Avenue; Hart, Flanagan & Co. READING, Pa.?KUne-Epptheimer Co.; R. T. Lenhart, domestics, flannels, blankets, linings, hosiery, millinery, notions, rib? bons, trunks, leather goods; J. S. Tobias, furniture, upholstery; S. E. Heckman. carpets, rugs; 44 East Twenty-third Street, room 608. READING, Pa.?W. F. Buckley, millinery; Orand. READING, Pa.?C. K. Whltner & Co.; W. K. Cotterell, house furnlanlngs; J. B. Mercer, notions, toilet goods, jewelry; Pennsylvania. RICHMOND, Va.?Thalhimer Bros.; B. J. Beale, silks, velvets; Walliclc. ROCHESTER?McCurdy & Co.; E. E. Swartnout, dress goods, silks, velvets, linings; 6 West Thirty-second Street; c.i...- lueyer. ROCK HILL. S. C?R. W. Cranford Co.; R. W. Cranford, dry good* and cloth? ing; Aberdeen. SAGINAW, Mich.?M. W. Tanner Co.; H. P. Baker, dry goods, general merchan? dise; 1170 Broadway; Breslln. SALT LAKE CITY?Slater Bros.; J. Slater, men's furnishings; Astor. SANDUSKY, Ohio?The Herb & Myers Co.; .Mr. Nicholi, silk and woolen piece good; Walllck. SAN FRANCISCO?Rapheel, Weill & Co.; D. Eiszer, basement notions, veilings. Jewelry, ribbons; 15 East Twenty-sixth street. SAN FRANCISCO?California Fur Co.; D. Hnmhurger, furs exclusively; 303 Fifth Avenue. SCHENECTADY, N. Y.?Mrs. M. Thomp? son, millinery; Grand. SHA-MOKIN, Pa.?Max Hirsch, dry goods; Grand. SHBBOYGAN, Wls.?J. and W. Jung Co.; A. Christoph, shoes; 37 West Twenty sixth Street. SPRINGFIELD, Mass.?D. G. Poole Co.; A. F. Baiter, upholstery, draperies; 106 Grand Street. ST. LOUIS- Scruggs, Vandervoort & Bar? ney; C. E. Toole, basement ready to wear mdso. manager; 225 Fifth Avenue; Assoc. Mdsg. Corp. ST. LOUIS?Famous ??-. Barr; R. Lokart. misses', ladies' wash goods; 37 West Twenty-sixth Street; M. Sostman. ST. LOUIS?M. Bonn Jewelry Co.; Mr. Cerf, representative; Pennsylvania. SYRACUSE?Aldeman Co.; M. Aldeman, general merchandise; Walllck. SYRACUSE?Miss S. A. Scanlon, millinery! ; McAlpin. SYRACUSE?Chappell Dyer Co.; G. C. Whiting, white goods, linens; 6 West Thirty-second Street; Great Northern. TERRE HAUTE, Ind.?J. Goldburg & Co. ; Miss M. McGurty, waists; 37 West i Twenty-six Street, 7th floor. TORONTO, Can. ? Lion Dress Co.; M. j itosentlfal, mfrs dresses; Pennsylvania. I TULSA, Okla.?Wright Clothing Co.; E. : Wright, clothing; Herald Square. VANCOUVER, B. C.?Hudson Bay Co.; G. I Crump, hardware, trunks, bags, toys, I holiday goods; 220 Fifth Avenue; room 1411. VICKSBURG. Miss.?Bock. Flschell D. G. ! Co.; D. Bock, ready to wear, notions, dry goods; Colllngwood. WASHINGTON?H. Dodelt, clothing and! furnishing goods; Herald Square. WILKES-BARRE?Wllkes.Barre D. Goods l Co.; Miss E. Davis, notions; Miss C. j Jones, toilet, leather goods, Jewelry; 23 Bast Twenty-sixth .Striet. WOONSOCKET, R. I.?Harria & Mowry j Co.; (>. A. .Mayer, dry goods; 404 Fourth > Avenue; Walllck. WORCESTER, Mass.?The Louise Shop; i Miss Mourin, jobs sample suits, silk dresses; 277 Fifth Avenue. YORK, Pa.?York Mfg Co.; J. N. Zimmer? man, general merchandise; Herald | Square. STORK, Pa,?James McLean & Sons, dry goods; A. E. McLean, merchandise man? ager; 432 Fourth Avenue, 6th floor. YOUNGSTOWN, Ohio?Strouss-llirshberg Co.; Miss E. Bott, handkerchiefs and neckwear, ribbons; S. V. Ixiurle, Jewelry, tollot goods, stationerv: 1150 Broadway. YOUNGSTOWN, O.?G. M. McKelvey Co.; F. Barclay, carpets, linoleums, draperies, upholstery trimmings; 3270 Broadway, room 614. YOUNGSTOWN, O.? Strauss-Hirshberg Co. ; ; B, M. Hoover, floor coverings, draperies; ! 6 West Thirty-second Street. YOUNGSTOWN, O.?StrauBs-Hirshberg Co. ; ; Mr. Goldstein, ready to wear, piece goods; basement; 1160 Broadway; Baer ! & Lllllenthal." YOUNGSTOWN, Ohio ? G. M. McKelvey! Co.; E. L. McKelvey, general manager; 1270 Broadway; Macrae. YOUNGSTOWN, Ohio ? Geo. L. Fordyce Co.; Miss S. E. Medley, gloves, handker? chiefs, ribbons; 404 Fourth Avenue. Buyers Coming ALBANY?M. -Lurie Co.; M. Rosenthal, cloaks, suits; 37 West Twenty-sixth Street; Is expected February 23. MARTINSBURG, W. Va.?Louis Llpslc; , Louis Llpsic, ready to wear; McAlpin; Is expected February 23. PITTSBURGH?M. Lurie Co.; Mr. I'dis, coats, suits, skirts, dresses: 37 West Twenty-sixth Street; is expected Febru? ary 2 3. TROY", N. Y.?M. Lurie Co. Dept. Store; Mr. Vando Noort, cloaks, suits; 37 West Twenty-sixth Street; is expected Febru? ary 2 3. 30 046o; State, Pennsylvania and nearby Western hennery whites, extras, 71072c; firsts to extra firsts, 68 070c; gathered whites, firsts to extra firsts, 68 070c; Pa? cific Coast, whites, express, extra firsts to extras, 70c; firsts, 67069c; pullet?, Peta luma, 63c; other Western and Southern, gathered whites, 65069c; State, ' Pennayl- i yanla and nearby, hennery browns, extras, 70c; gathered brown and mixed colors, ? ?xtras. 68069c; firsts to extra tlrats, <;5? James E. Coakley, formerly associated! with Morns & Wllmarth, has become af fillated with Leopold Spingarn. Frederick H. Goff, president of the Cleveland Trust Company, has be"n elected a, member of the board of directors of the Equitable Trust Coiupany of New York. The Woodburn OU Corporation reporta n?t earnings for the month mt January O? ?110,611, ' Investment Information Question?* ?/ general intereet te tnveetor? ?ill be aniwtted in thi$ column, in which ease only initiale will be used. Other? will bo an twered by mail. Addreee all in Suiriee. ineUeing a ?tamped, ad retted envelop? to Financial Editor, The Tribune, 15.i Naseau Streit, New York City. Armour Leather Question?Kindly inform me it you con? sider Armour Leather Company stock a good Investment. "In order to safeguard the ! common stockholders, the founders' ?shares ? will not be entitled to participate in profits for 1920 if earning? available for dividends I ?hall be less than $4,000.000.** If earnings amounnted to $4,000,001, being above the $1.000.000. what is to prevent the founders' 1 shares taking equal share with the common 'stock? Speculative stocks do not appeal to i me. Safety first Is my motto. As a matter : of fact, do you believe there is any safer I investment than first class municipal bonds? I ?D. 8. Answer?Tho Armour Leather Com I pany is a combination of the tanning* {companies and ^leather assets now j owned by Armou? & Co. No value 1for ? goodwill is included in the capitaiiza i tion. The earnings of these companies a | are stated to have averaged 12.6 per cent on the $15,000,000 common stock I after deducting dividends on the $ 10, 1000,000 preferred stock. The preferred stock appears to be entitled to a fair investment rating. The common stock is, of course, speculative. The circular [announcing the formation of the com j pany states that after preferred divi ! aends the remaining surplus earnings I shall be available for dividends on the I common and founders' stock in equal aggregate amounts. For a period of i three years dividends on the founders' ; stock shall be limited if earnings are j less than $4,000,000. Good municipal j bonds certainly are one of the safest 1 forms of investment I. R. T. Bonds Question?I have $3,000 of the Interbor ough Rapid Transit 5 psr cent bonds. I paid about 97 Va for same. I see they are now worth 49. Had I better sell now or hold on to them? Do you think the com? pany will go into a receiver's hands? I also have $1,000 of the New York Kansas City 5 per cent gold bonds that have passed the coupon. Do you think they will go Into the hands of a receiver??C. T. W. Answer ? The Interborough Rapid Transit 5 per cent bonds are so low in price that it would appear wiser at this time to hold them rather than sacrifice them at this level. In case of receiver? ship the bondholders would own the property, assuming the lease with the city. Under these conditions, while there might be temporary default in interest, it does not appear likely that the bondholders would fare so badfy. The Kansas City Railways Company is in bad shape. It looks like a long drawn out affair. Southern Pacifie Question?Is the entire Southern Pacific Company under government control or only the railroad portion at the company's busi? ness ? Do you consider S. P. a buy and a reasonably safe investment at par or under? Are the foreign government bonds a buy?? S. A. S. Answer?The government took over the railroad and steamship properties of the Southern Pacific Company. Southern Pacific has been a good earner even on government operation. It re? mains, of course, to be seen what re? sults will be attained under the new railroad legislation. We do not be? lieve that Southern Pacific will suffer under the new plan. English, French and Belgian bonds offer good specula? tive investment opportunities, par? ticularly with the present low exchange rates. Too much uncertainty en? shrouds Germany to entitle the bonds of that nation to anything but a pure? ly speculative rating. Freeport Texas Question?Will you please give me your advice on Freeport Texas ? I bought twenty five shares at 42 and would like to know if ! there is any real vntuo in the stock, for if : such was the case I would boy twenty-five i shares at the present market, so as to reach \ a better average..?T. S. Answer?Freeport Texas was forced ? to go into surplus account in order to ; pay recent dividends. The dividend due '. last month was passed on account of ! the poor market for sulphur, one of I the company's chief products. The stock of the company represents a large ; capitalization. ?o doubt this company, ; as well as many others which have re I organized upon such a basis, has found it difficult to make a good show? ing. The stock seems to offer specula? tive possibilities at present levels. Northern States Power Question?Will you kindly give me your ! opinion of Northern States Power preferred ! stock as an investment. I understand that 1 for the year 1919 the earnings of the com- 1 pany have been very satisfactory and that I the company is very ably managed, with a ? constantly increasing business. Will you ' give me such facts as you have that tend to , affect its standing as an investment??E. B. B. Answer?For the twelve month? ended October 81, 1919, the Northern States Power Company earned 9 per cent on the common stock, against nothing for j the year previous. These are the beat ? earnings the company has shown in '? several years. The company has done considerable new construction work, ex- \ penditure for this work during 1919 ! aggregating more than $3,000,000. The ] preferred stock is entitled to a very : fair rating. * Italian Government Bonds Question?Would appreciate your advice on [ an investment in bonds that the Italian gov erament is now selling. Do you' think it is | safe? Are brokers In bonds entitled to | charge a commission to the buyer? Do they ! get a commission from the seller? What is the rate they usually charge??L. C. Answer?The Italian government bonds offer fair opportunities to ob? tain a good return on the investment. Italy is not likely to recover from tho effects of the war as quickly as France or Belgium. She has not been such a large producer as either of these coun- ! tries. Yet the government appears able j to maintain itself. We see no reason : why tho bonds are not entitled to con? sideration as a speculative investment. If a broker buys boiWs for yo? h? is entitled to a commission. He pur? chases the bonds from some one else, who pays him no commission. The usual rate is one-eighth of 1 per cent, or $1.28 per $1,000 bond. Atlantic, Gnlf & West Indies Question?What is your opinion of Atlan? tic, Gulf A West Indies preferred as an in? vestment??B. H. Answer?This stock has preference as to assets, as well as to dividends, and is subject to redemption at plfr, $100. It is non-cumulative. The com? pany's earnings last October were re? ported to be running at over $50 a share on the common stock, and it was said to be well supplied with funds, its working capital being over $30,000,000. Its interest from cash in banks and re? turned from chartered ships alone was reported to be enough to cover the company's bond interest and dividends on the preferred stock. The company has made large investments in oil prop? erties, pipe lines, terminals and new tank Bteamers. The preferred stock seems to come well within the invest? ment classification. Four full columns of in? vestment questions and an? steers are published in The Tribune every Sunday, DIVIDEND NOnCSS Consolidated Interstate-CaHain Mining Company 61 Broadway, New York City. The Board of Directors of Consol! dated Interstate - Catlaha? Mining Company has ?his day djclared a regular yearly dividend of rwo Di>|. lars f$2.00) per share ot, its out? standing capital stock, payable Flttj Cents it.60) quarterly; the first quax* terly dividend to ?*> paid March tOth, 1920 to stockholders of reeord on March IS. 192? The tranaUr bau, will not close. H. T. M'MEEKIN. Treasurer. Pated New York. February 17, 132?, REI-UBIJC ,IRON * STEEL COMPANY. I'REFERRED DIVIDEND NO. <;<?. At a. meeting of the Board of Director? of the Republic Iron & Steel Company, th? 1 regular quart'-rly dividend of \\f, on th? Preformd Stock was d'-clarcd payable Apri; : 1st, 1920. to stockholders of record March I 15th. l'J20. The Annual Meeting- of ?he Stockholder? I of the Republic Iron & Steel Company wir i be held at the office of the Company, it ! Exchange Place. Jersey City. X. J.. on i Wodnosday. April 21st. 1920. at. n o'clock in the forenoon, for the transaction of anv ' and all bue!nc?s that may properly core? ; before the meeting. Transfer book? of th? ! Company, both Common and Preferred, *n ? be closed at 3:00 P. M. March 15th. 192? ; and re-opened at 10:00 A. M. on April 1 22nd, 1920. COMMON DIVIDEND NO. 1?. At a meeting of the Board of Director? of the Republic Iron & Steel Com-iany, a dividend of l%94 on the Common Stock was declared payable May 1st. 1320, t? stockholders of record April MUi, 1929, Books remain open. RICHARD JONES, JR., ?eernary. -?-:-?t THE NEW TORK AIR BRAKE CO. SIXTY-NINTH QUARTERLY DIVIDEN}) The Board of Directors has this day d* - clared a dividend of TWO AND ONR ' HALF PER CENT for th? quarter payaba March 24th, 1920, out of the surplus at thl ? end of the year 1919, to .?fockholders A ! record at the clos? of business March 2nd, 1920. The transfer books will not close. : Checks for dividend ^vill b" mailed ta ! stockholders et the. addresses last fur ? nished to tho Transfer Offli e, C. A. STARBUCK, President. New York, February JSch, 1920. ; American Telephone & Telegraph Co. Agdlvidend of Two Dollarn per share wll! I be paid on Thursday, April 15. 1920, t0 i stockholders of record at the close of boat ; ness on Friday, March 19. 1920. On account of the annual meeting th* I transfer books will be closed from Eatnr ' day. March 20, to Tuesday, March 39, 19}?, ? both days included. G. D. MILNE. Treasurer. MERGENTHALER LINOTYPE COMPANY. Xew York, February 17, 1920. Dividend 87. A regular quarterly dividend of 2t? per cent, on tho capital stock of '?'? r?'mha'.? Linotype Company will be paid on March 31, 1920, to t^ho stockholders of record at they appear at the close of business on March 8. 19 20. The Transfer Book? wll! not bo closed. JOS. T. MACKEY. Treasurer. AMERICAN POWER & LIGHT CO. 71 Broadway. New York. COMMON STOCK DIVIDEND NO. 2?. The regular Quarterly dividend of one per cent. Clr'o) on the Common Stock o? the American Power & Lltfht Company ha? been declared, payable March 1, 1910, te common stockholders of record at the close of business February 19, 1920. WILLIAM REISER, Treasurer FINANCIAL WESTERN ELECTRIC COMPANY, D? CORPO RATED. 195 Broadway. New York. February 19, 1PI0. To the Holder? of the Six Per Cent. Pre? ferred Stock of Western Electric Com? pany, Inc. : YOU ARE HEREBY NOTIFIED that this corporation, in exercise of the right reserved in its certificate of Incorporation, has elected, by vote of lta Board of Direc? tors, to purchase, In the manner herein? after set out, on March 9, 1920-, at th? price of One hundred and twenty dollars ($120) per share and all unpaid dividend? therVon. all outstanding shares of the as per cent preferred stock of this corpora? tion of the total par valuo of Thirty mil? lion dollars (230,000,000). ? Certificates representing said stock, duly | assigned by the stockholder of record or i his legal representative, either in blank | or "For Redemption," must b"> delivered 1 to this corporation at Its office, No. 196 i Broadway, New YoTk City, on or before ? March 9. 1920, and the corporation will i ?lay on March 9, J920, for ?-Mid stork th? ' sum of Ono hundred and twenty dollars ; ($120) p,-r share, plus unpaid dividends 1 thereon to and Including March 9. 1930. j of One dollar and fifteen cents i $1.151 per ! share. Where payment is desired lo on? other than the stockholder of r>--ord. the signature of euch stockholder of record must be guaranteed. Certificates for all 6uch stock which shall not have been so delivered to this corporation on or before March 9. 191?, may be delivered after that date to Bank? ers Trust Company, No. 16 Wall Street. ; New York City. On March 10, 1920. thi? ! corporation will pay to said Bankers Tro* Company a sum sufficient for the par , ment to such stockholders a? shall not have delivered th"ir stock certificates to this corporation on or before Man h 9. | 1920, the amount to which they would have been entitled If their stuck certifi? cates had been so delivered to this cor? poration, with instructions to said Trait Company to pay the same to such stock? holders upon demand by them and delivery to said Trust Company of their stock cer? tificates duly assifined as aforesaid. After March 9. 1920, the holders of said preferred stock, whose certificates sball not have been delivered to this corpora? tion as aforesaid, shall not be entitled to any rights as stockholders, but their only right shall be'to receive payment from said Bankers Trust Company as aforesaid. Upon due authorization by vote of th? stockholders, the authorized capital stock of the corporation will be reduced by the retirement of all of the preferred ftock called for purchase hereunder By order of the Board of Directors. CHARLES G. DuBOIS. Preside e si dent. WILLIAM CRAMP & SONS SHIP AW ENGINE Bl 1LDING COMPANY Sinking Fund Notier Fidelity Trust Company (formerly The Fi? delity Insurance, Trust a- .1 .Sufe Deposit Company), Trustee under Mortgage of th? William Cramp & Sons Ship and Engine Building Company, dated Mar.-li 1, 189?. In? vites tenders or proposals f(,r bonds issued under said mortgage to be surrendered iw redemption; proposals to be opened aiJ awards made on March 2nd, 1920, at U o'clock noon. FIDELITY TRUST COMPANY. Trustee. 325-331 Chestnut Street. P&U?* delphia, Pa. WM. P. GEST, Pr?sident February 5, 1920. FINANCIAL MEETINGS THE MERCHANTS NATIONAL BANK of the CITY of NEW YORK NOTICE IS HEREBY Gl\ ?N that ?j ? meeting of the shareholder? of ine *?'? chants National Bank of the City of >?? York, held on January 18, U'?O, It ?? ?etermlned to take such proceeding ?* may be necessary or convenient to ??? ? anlze this Bank.ng Assoclatioi. u M? corporated baoit of the State of JJJf York by the name of The Merchants BU? ?? the City of New York; and also tot* when this Bank shall have been or!??"! as an Incorporated bank of the eta? ?? New York proceedings be taken to nw* It with the President end Director? el ?*? ? Manhattan Company. By order of the Board of Director* O. K. PAYNTER. CaaW* Dated New Y.->rk. January 13. It?. __, THE MERCHANTS NATIONAL BANK of tho CITY of NEW Y0W NOTICB IS HEREBY GIVEN that a meeting of the shareholders oi..TD'? ?ft* chanta Nationa! Bank of th? UV ?.\ ?j York, held on January 13, !??? ??-ii? voted that the aid Bank go into I*?"? tlon and be close 1 ami dissolved. .?.? All holders of ~ot*>? and other creo?" ?t aald Banking Association ?re.B;K?f notified to present ?v=h notes ?no w_. claims against the Association r"*LJT| ment at lta Banking Htus?. N^PSiW Wall Street. New Yo-k City, ontV,/?S?> ary 2S, 1920. and 'hereafter to ""J^a? dating agent, the President ?ndv?{r??4? ?t the Manhattan Company, at NUin?? Wall Street. New Tork City. By order of the Board oLElT^SSaal. O. E. PAYNTER, ?jff^ D?ted New Yorli. January **-"?_ -^- ~? ,tTH" NOTICE IS HEREBY GIVEN THAi j. postponed Annuel Meeting "*'".. Yo* holders of the WOMAN CITIza> - #( POBATION will be held at the onw |B the Company, No. 171 Madisoni ATS? CB the borough of Manhattan. I?. '",fl ?:" and State of N?w York, on lh"., tai t?? March. 1?20, at 10 o'clock A. M \r\g0 purpose of electing directors for U"> ^ Ing year and for the transaction ?C p. other business as may properly em* fore aaid meeting. .. iaM. ~ 1