THE SUN AND NEW YORK HERALD, SUNDAY, MA;RCH .14, J920. 1 German Bonds Wc offer, subject to previous sale, the fol lowing German Munici pal Bonds: Nuremberg Eerlin Stuttgart Munich . Hamburg Leipzig Dresden Eremcn Darmstadt ,uul other civics. 4 4 4 4 4 4 4.'-2 4X Quotations and booklet sent on request. Drafts issued on every country in Europe. Foreign bank notes. C.B. Richard & Co. '. 'nlilmheil 1 s 17 Ti Broadway, New Yorlt 1 1 I I I'lIONi: WHITEHALL 500 7.57 Return On Safe Conservative Preferred Stock C in: any established 45 years I in. "..: lie times dividend re 1, un ucn'.s. Handles product which is daily I I u'in' y. fc'..irds about this security pl,u it in practically the same rvv 11 as .1 mortgage bond - ac. S"t"- sinking fund require ment Price $92.50 and accrued dividend Yielding about 7.57 Circular on Rtqucsl. Scott & Stump Members Consolidated Stock I Milliliter nf New York Imestment Securities MTCI U.IS1S IN 4IDD 1.41 IS Mock Exchange Building pun. uir.i pin v. P4. t lurk Ollli r I! Wall Sired Direct lrli.ilr Wire Tlic Cumuit issue RABLROAD and EQUBPMENT Situations Featuring Atchison Union Pacific Pere Marquette Amer. Locomotive N. Y. Air Brake rt'l for C'lrca'or 11 -1 " ESTABLISHED 1877 20 BliOAU fft, XEWVOru-. 7R:ctor2m-24- EXEMPT ANNUITIES Age 45 Age 50. Age 55 Age 60 Age 65 Age 70 ...Yield W,4 :.. Yield 7'4 ..Yield 8'4 ..Yield 9l2 ..Yield lll2 ..Yield 13!2 INCOME FOR LIFE Gl'AR AST F.ED BY ONE OF THE STRONGEST FISASCIAL INSTITU TION'S THE WORLD. 1 u.1 Details upon Ap plication. ROBERT A. SASSEEN, 11 I- ! i. New York. $50,000 Issue of 0 , (.uarantcctl Cumulative Preferred Slock at Pai($I0J) 21 ' Tayablc Quarterly i'r mincnt Broadway wrcantilc Hstablished IKibiness. In Exceptional Investment MIDRIBS S. M. Stancliff 1SE0 Broadway FOREIGN MUNICIPAL BONDS . 1 i,i, rute, of "onderfnl rlinee for s ,1 r-t.nnse nliirn 1 Q.iui(iUmi upon rcqmsl JUDSOrJ G. WALLS SONS ' XTMKNT HANKEItS 1 Wllt.,N.Y. Pliont Rector (7 i PAID 45 PER CENT. OF PROFIT IN TAXES FoiiVnil Government Tnhcs 1myo Sinn From Columbia Oi'iiphoplione, Dial tlin Columbia (irapliophouo Com Puny pnld to the Kcdenil (iovevnniont m iKvoiint of 1919 Income mid oxce?s priitlti taxed more' limn 4li per cent, of IIh net prollts for that yeur wuh re vcnli'it yoslordni- when tho corpora tion h lllimml retlOrt for Vnn nvidn public. ,ct Income, the report Khowril, nnur deduction of nil clinrcpR. but be torn taxos. amounted to 17.016,6115. Tnxon of f3,391,."ll3 wore paid to tho I'ultml HtntcH (lovornttiont. lonvlint rot nnmlnKH nvalhible for dlntrlhut Ion to thn Ptook of 13,(12 1.20L'. c.pilv.ilont to 3.32 ft ulinro on tho common stock after tho iloductlon of pieferred dividend. Karnlnp.H from all sources for tho yenr wore reported nl $7, 793, (Ml nnd Intermit piild on fundeil debt and float lute debt 1262,900, lenvlnir net e.-irnlliKS boforo clmrues of 97.B30.OS4. Dcpreiln tlon, reserve nnd. other churnes were put nt $5H.5U9. nml net Income nfier I'ederul taxes anil all chaws :t,i24. 2U2, Dividends awn-Kiitlnc; $2,S,402 '.ve.-n paid to common and preferred stockholder!, redurlnir tin' xurpniH for tli jenr to 1 .1 SS.Sun. Tho total cur PlUH on I).',-. 31. after adjustments for oharKHa not Included In the Incomo ac lOunt, was J2. Sill, 644. V. S. AV'hltteii, president of tho com pany, declared in Ills report that had not tho company been tompelled to hour a heivy tax burden tho showlm; would have Wn coiinldetably hotter. "The o:ir Just dosed," he H.1I1I. "hi'i boon In many mpects a iiirt, unusual one ami the. i-onipany would lime phowii inticli larsrer net enrnliiKS were it not fur t lie unfavorable Federal tax law now In op eration, whloh resulted In over 4.1 per cent, of the company's net profit In 1919 beliiR paid to the Federal Uovorn ment a tuxes. It Is hoped that Con preps will take action In 1320 wlflch will change this unwise law and permit tho company to show eurninKs which will reflect tho unceasing effort of the management during the hut three years to make tho company the leader In the talking: machine Industry." COTTON GOODS REVIEW. Primary cotton goods markets,' espo ci.illy In the convertible goods division, hive ftrengthonod during the lust week. Hulng has been done prlnclpilly fnr deliveries In March, April and May A few printers and bleachers have part'rl patod. Jobbers have not boon opor itinir to any great extent and tetailers con I tiiiiio to accept goods due without fnak l ing future engagement with freedom, j Cloths used In tho clothing and gar n ent trades are still slow, while goods ! for printing and converting, and to a f lesser extent for bag manufacture, con. 1 t'.mw In demand, Hleaehrd goods have I been In better call. There Is still a I sr..ir-ity of ginghams for early delivery, j Deliveries have finally begun to show j improvement, duo to slightly Improving 1 transportation conditions near the tlnlsh 1 .i g companies and manufacturing cen res. Many deliveries are long overdue because of trattle congest'on. There has been come increase In tho Inquiry for cot on goods for China. India and Red Sea . pjjti ard some small business Ins been i'oi e Smith American markets are re. e-.:ng offers very slowly. The West h.uian trade continues fair. Tio movement of goods promises to be n.u' h larger In the next few weeks In 1 oiisequence of the lifting of express em bargoes and the clearing away of snow m the northeastern section of the coun tr Ilc-ports from the West and the Si nth tell of good distribution on old oulrs. Mills are fully employed. Quotations current are as follows: ! l'rint cloths, 2S inch fMx6is, 1G cents; , "JlxfiOs. 15Wj cents: 3S'j Inch 61x04s, 21 cents; brown sheetings, Southern standards, 29 cents; dinlms, 41 and 48 , cents, 2 20 Southern indigo ; ticking-!, ; staples, rr cents; prints. 21 cents; staple girighams, 2j!j cents; dress ginghams, j 3D and 37'-j cents. CONSOLIDATED EXCHANGE. Prices at the opening on the Con solidated Stool; Exchange yesterday , were somewhat Irregularly changed , from r'rlda night's closing figures, hut 1 the si lling pressuro under which the market had closed on that day had ap parently disappeared nnd quotations BID AND ASKED QUOTATIONS. N. V. STOCK KXCIIANOK Ql'OTATIONS. t'NITED STATES GOVEIIN.MENT BONDS. Hid Akcd. I .11114 ini I psi'i l"l j .106 liKV, 106 .''.', 1 .101 p,l too 101 .mo mi .10 111 . S3 ill . S8 91 . 90 95 . 90 95 . 9i) 93 I .97 .. . 97, a;n ri'.-i.tered ... eo'ipon reiristered eon 0011 Mi-: " I'-in-ma. isjii, ' -s. Panama. RR rojrltEred... coin on . .. 2- Panama. 1931 js Panama. 191. , registered. . coupon s. Panama, rejistoreU .. Panama, loupon i'hii isi. 1:1110 purclnii.e 4-. I9.il. I'll. I 1st. public works 4, 1933... Phil Iel public work" 1935. . biauict of Columbia J.n54 FonnioN iionds. Auylo French Extern. 5-. 192). Argentine Intern ts. 1913 Canada. Dominion of. notes 192 ' 1 an iila. Dominion of f.s. 1121... Cana-i'i. Dominion of. 1926 Cami'ln. Dominion of. 1929 C:m:nl:t. DolllUUOIl of. 1931 .. .. 714 !)7l, 97H 92', 914 91 .i 724 974 97', 124 934 tdS Kii SI'i 9)'i 71 79 90' J V, .rt'l '.' 79!', 7Si 7I W-i 5S4 ts'.' 92", 91 clnnes-' (iov , Hu Kuir Ky. us, mil j Cuba Extern. r.., 1911 W ' Cuba Extern 5s. s"ries A. 1319 SI I Culi.i Extern 4'i. 13ia 72 Hominii an Itep. 5s. 195 73 Fieri, b. Lyons City. 15 yr. 6s. 1931 9U l ie- i. Marseilles C. 15 yr. Cs. 19.11 SS'.i F-en.-h. Itordeaux C . 15 yr. r,s, 1931 v9'i , Pr. 11, b Paris City 6s. 1921 9 ' 1 tv , f Copenhagen 2.3 yr. 5Hs, 1914 79 Japanese (lov. 4'-,!. steri. man. nii . Japaues" (low IV. 21 series, 1925. tJapaiMM. Gov 4s. stcrl limn. 1931., Japanese. T0U10 City fs. 1952 . m , 3S !; , 92 9)S SS : 30 I K i. 11 &!.! Jr -,-2-. f.l- V K . (!. II A I. 3 yr. IKt r K C. H. A I. II) yr. 54s 192:1 r It . (i II. A I. 29 yr. 3'js 1937 Mexico Extern, sterl. 5s. of V.i. Ill, Mexico Extern, told 4s ot '01. (: 51 21 Clo'iiii,' prices of storks in which eie no Iransitlions yijterd.iv. there Hid. Al Cb M Pi 134 Am A Chro SS AmACh pf SI'i Alb A Suikj . Am Hk Nt 13 AmllkN pf 4j'4; Am lis pf ?4 Am Ilk ShlOl AmllkS pf.20.7 Am C V l'I113 Am Coal... 3j Anil'nlO pf .... Am Ice pf 624 Am Iic I'f W4 Am MAO 32'i Am snf nf 91 Am S s A M m KtmK-.llo AmSnuft nf S" Am Sur pf -11 ASumT pl 5I Am Tob f 91 AmTel AC H mVool tillii.14 AmWI' I'I ' Am Zinc I'f 51 A 111 Arbor II Ann Arlwr n DO 1 pf " ADO 2 if M Asts HI . lit Aillir A A.' 3 U.4WI I'f 64 Ai lOfln. C- ' All lief pf 1131, AutoSaleri' J74 IMld I. I'f , li..rnct Lib C5 Ilarn L pf M l:.irrrtt pf IW Her li rk. 2'.i P '! Ktr:-l 83 Helhs 'ft 75i tttmi . pll'j HuiHIi F - 14 Afk. ' Hid. Ask. . Ilkln Edsn. 1-3 97 V) llknt'n Oas 35 96 HroKii Sli.. 95 97 160 Brunswick 7 S 41 lluf Susq . .. C9, 60 Huff It A P 0 9t HltAP Pf. 1M 1014 Hums II pflOt lio 223 Hash Term . 1)0 116 Huttenck . 1SJ, 19'i r C.d Pack plt7 IK S3 Cal A Aril C2 i.3 65 Can Sou 41 in 166 C.tso pi.... 974 9S4 33 Cen Fdy.... li ? Cen Fdy pf 16 f-6 '2 Cen Lib pfl024 l''3 117 sntltofNJ 191 25 M CenSATel .110 1114 116 cer do Paa 41'i II 91 Cert Prod. 52 til i c-t IM 1st S c.-rl Pd 2d SI 101 ChAAIton.. 'J'.i II 46 ChA-Alt pf 13 17 i CA-NW Pf.llS 120 r.'i Chi!!! n 90 !'." 15U CSIPAO ... 63 7t s; ,n pf hi 195 Ji) Cleve A Pit . SO 4'i ClnellPhy 91 91 9 do pf ..Wl 102V4 6614 Col So 1 pf M'.i 53 15 70 lo J pf 42 V ntU co!Orph nf 214 Comp Tab. 52 57 . 1"0 Con I3y pf so M (2 Con Gas II S6 S64 93 Con Can SI f64 100 do pf P" los 3714 Ciex Crpt. S7 Mi 17 Cub AS Pf 102 110 It: I) L A W..1K 19JU lllH Dt Edi ..K3 103 12 Det i. Mia. let 104 "oon began to advance In rospouBo to u buying demand that beeamo moro nnd moro unrciit ufi U10 bcbsIou profrrCBsed, The motors, etcel, oil, roJlroad and equlinnent enures tvero In particular re quest nnd the upward movement In tho lenders oif theso various groups contin ued to tho close, with llnnl prices 111 many Instances U10 best, of tha dayi Forccanls of favorable bank statements ami easier money conditions following tho completion of tho Inoomo tax pay. ments to-morrow were factors In the market betterment, Crucible Wool stood out conspluuouflly nmonir the steel Issues with nn mlviinco of 10 14 i-ilnlH to SllVj, riiltod HUies Htcel iralned IS to W ami closed nt 99 Vi, Itcpulilln Iron and Hleol rose l',j to !)l'-j, and llnthleheni Klenl II Sk to III!1,,, closing at III Hi. Among tho mo tors Chandler rneo ii'fc to 1 9V4 I'loreo A 1 row l'i to C3 nml Htudobnkor 3 to U7 U. .Mextoan Petroleum, limoiig tho oils, advanced lit to ls.'l'ft and closod at ts3j, Fan American Hi to 113, and Itoyal Dutch 1 to 100, closing nt lOO'.j. In the iiiIIh Itaadtiig was tho particular feature with a guln of 41 to kS";, from which It catd off to Sit nt tho close. MISCELLANEOUS MARKETS 6nOUT TEItM NOTES. Fmi-liv. Kit. t)r Ill t. W I IM 111 U HI M? inn, 100i Kir.) mi n ArnC mnOI Co n "nit 3.".M AmTel.VTelCo. ,11 AmTelVlYtCo.. .1! Aii'TlironICo . .'t AmTniin oeoHo.. .7 AinToliaconCo. 7 AinTolJ"vnCo. .7 AmTohH.'cnCo. .7 AnarondaCopCo.il (let,. rill 1 Jl IVli Hoc, Nov Nov Nov Nov J.m. 1'IM 1 Hi I 3I 102J 11.M t'ljl lill iiii'i 101 10t'( Il54i ini nil 101) 'i U4H N3 P I S7'( Wl'i U)0) U'H, '17 100 1 1 :t ii'i (u ti'i 1IWIJ 101 101 u 101 W us; tm 101 101 1,- lUl.'l 101 S 101 'I .n '.'. vT i 101 101 11 ArmntirKi'nninrn IletliterlCorp. .7 ' lleilisteelCorp.. 7 I Canl'iicUwv. . ,n OiiArxentlnnlty.il ChiHiirAQItUlJilt CClWSl.ltCo. . .rt 1 Ciih.mCo ll.ii (I , Cuilnhvl'ncliCo..? ; nfl,VllinionUl! niWnijiierco. . .ii rifiil'.l'-cCo n , (irratNorlly. . . ..1 liiilfOIK'orp il (iuirOIU'orp. . .1) 1 fiuirOIICnri). . . .11 llnrkVilk-yltlt. ,il 1 IKTL'Dcunv. . . .7 Juncl jkji ion .'J2 H'Ci July July m w 'i so t:M sr,, 'I'JJi O'l ii-,;, H'.l', 111', 117 U7'J lij Wi in'; lwI IWU 117 1 J Wtil I Itt USVi WJV, Villi naj, . t"J Wf, I'I ti lihH IUO'4 1U1H tvih y vt Vll til Mar. 2.-Jt lb. l')2f Julv July Jan July Am. Nov. July Sent. July July DJI l'Ui I'Ul IV ii I I l'JH l'lj I l'U) l'UI l'UJ I'UI July Mar. IIUI ipl. l.UI Nov. 1.V31 JKoldPnikCo. . .7 JDoldPackCo. . .7 Nov. JDoldPackl'o. . .7 Nov. JUoldl'acKCo. . .7 Nov. l.V-'l 1 V3J l.V'JI 1 V'JJ 1"1 1UJ) haul TerllyCo. .11 Nov. UenneiTilti 'Corn? 1'eO. l.ac(il.Clst.Vrcf..7 Jan. Ui..MTobOo...il 1'V. l'.'Jl Mnllnel'InwOti,. .7 .Sept. 1JJJ Molinel'lowOo.. .7 Mpt. l.Ul Mollncl'lowCo.. .7 sept. li-'J Motinel'lowCo.. .7 Sept. VJii Mollnel'luwCo.. .7 sept. I'.Ul NCisDtUlt . ..il hopt. 1V2J PhllacldpnuUo. .11 1'e.j. l'UJ l'enii!.yl:inlaCo..4K Jiilj l.'i.'Jl I'rocilianiC.i. . .7 Mar. 1UI PruoVCftmCo. Mar. 1JJJ I'roCJktiAIlK 'o. . . 7 1'sCofNJcouv. . . KJKcyn TobUa. .ii Soutberntty . . .0 bll'L nllujar. . 5 bltlCu ii 'Ibcv. Is.iriHOjr.r L .auanl-ori , .0 Mar. l'.Ui Mar. Uil Auk. li'JJ Mar. I.U; Dec l.VJI Au Ij.'JI ju.ie lo,'m) sea' lo. '-J 0. , IJ bTAMlAttl) OIL. Hid. Ak. 1 Hid. Ali. An;!oAui LT . Solar Kefln.UiO 375 iioine si . r 4ui ,M,mh 1' I... 130 Jlutkeje rt. i-u m isoutb Pa ...33.1 315 C M l' rof.4 J30 -0 s v ra PI., a S3 r M v pt ..lot, 10s 1 td o( ('nl. 31.' : I'omlllOHUl KM b.'i .Slit oi 1I1.I..SV5 i icscciit VI. .13 36 si, of Ki.ii.iiT) civ t 1' I, Iik 1, 110 siil of Ky..4."-i 475 Kurelta l'L.UO 11.". std nf Neb "0 5i5 lialcna-SiS.. C3 -m Mil oI N J..465 5 i;l sir if is itj is ot N.I pf.llt i:3i3 tOal-SiB if. 10 UK) Stil of N Y.47.1 47i, Illinois 1'L.lwi K std ot OI1I0.W 5W IlKllum 1'1. Si U) s of Ohio 1JI.IV1 !lli lot l'eiroi.. 7'J 73 4"'iin F .. 93 !( Nat Transit ! 31 i.'iiimi Tank. 11 155 N Y Tran..l HO ll',Tnk pf..iw oil North I' l...'-a 105 'cinim .. 4H m Oluo 37S 13 VVashuutoii. 35 15 I'a Mex K . in !-t:iil "util.l llciee .. .. H 19 , co, bloc". Wi Iiene pi 9J 91 M,uv! old 9t lYa.no O.UI n TkI , "oil oil". .."703 lTfirie P I. o :!) 1 Old 1 New. Ton.xcco STOCKS. 111.). Ask 1 ni.i. Am Cnrar ...1 l.'f.lPorto It-A T .130 Am Tirar (if. 0 A Toh ilv i p U3 C.r'ey Koil...i7) G W Holme .IM 0 W II pf .. 91 J & Youns...i:; .' S Y pf ... MneA A Fb. 150 Ex iliviilen.1. It .1 Jleyn A Z!V :;) I! - Hen 11. ..4.0 r.i li j Rein pf..lfVi 1T t:i.ir Iaf lftT lO'.H""'v loaf pi.iCi IJjWeymnn-U ...110 KiftUVcyniaii-I! pt.l3, 1C0 CIIKM1CAI. STOCKS nid Ask ! Hid. millcok EIce....3 57 Iloo't Wee pf. 65 99 Kr Solvav.. . SO -;'Ierck A Co pf 92 Ask. 70 110 Am Cvan. Am Cyan Iiy PiTd . 35 M 93 45 ISO 3 Pi Caein Co.. Dim Chem . Mil P Cll pf IVerrlmae .... flU fM:. -19Mulford Co... 53 '56 105' .Via? A Ik lit.. 95 1) iftVSftnet S 155 1C5 175, Sol) Proc ISO 1011 i-,M 1 hfsn. .lf) F i ("lcm Cr-i-selll . Hi Grafelh pf. 59 OU - IIONTON. Open Huh. Low. L:il Sales. 2700 Hii- Hoirt. .. . . vi fO Calumet A Ariz., ft)', 2s" Careoa Hill . . . .J roi. co, 23 Hid. ' Pf' I'nJ.,cd Ask 1W, 130 12i 54 104 60 I'll 42 125 25 S.l 17 154 TO 133 101 131 9 6s 10) 90 165 ii 36 10 31 97 !) 1114 r.s 10 . 110 65 S7 1J9 76 71) 1; 17Vi 115 lis 994 SO 97 ?o 151 IM Hid NYI)ek p i4 NYO&W. . 21', Niair F P. .. d" r' . .. . ' Nor.lW pf.. f. NovS'cStl . . 10 Ask. 55 21 u 101 HI "'.' 6(1', Dome Mm 115i DnlSS A A 44 00 nf .94 Durham II. 51 no n( . E.ltHF pf.. 37 E'ee Stor. 110 Emer llnin 21 do pf ... tW Kile 2 pf. 14 Fcl M A S 124 Fml'Las pl SS Fairbanks Fisher Hdyti'l 5o pf .192 (Jen Chem..'.S5 do pf .. 95 Oen Ci . . 674 do Pf . 97 ilii dli pi S7 Oell Klic.KUi Oei. .Mot pf 79 r.ray A D.. 32 tirc-nc O ..31 Culf.M ,t N 7 i'o pf .. 2S Onlf Stl 1 pf .. lLinmann 8Hi Harv pf ,.110'i Hende M .. 30 Homeitake. tr. -Int Am .. 21 Int Mot T.PH do 2 pf.. Cu Int Nick pf S. Int l'ap pi si do pf et 75 Int Salt . i.s loua Cen.. .5 Kan C, S.. 17 Knyser ....Pl", do 1 pf 111? KelSpT pf as Kel Wheel. 72 do if .. 90 KeoADs M I K 31 D pf 2-1 Kresfe SS.1I5 do pf ..102W, Ure-s Sll.. 76 do pf ..US) Uac Gas .. 42 I. EA W pf 20 I.'rAMyer 165 do of . 104 Loose-Wiles 57 do 1 pf. 54 do 2 pf.llfl Mnnlnt ... 15 Man Ileh .. 4 Martin Vs.. 25 Man Shirt.. 294 Maekay .... 65 do pf .... to Manitl Su.. 113 do pf .. 93 Mstli Alk... MivDpSt .. 12 do pf 101 M-ixw 1 nf. 51 do '.' pf 20'i Mex IVt pi. 95 Mieh Out.. e MSSM Pf... 91 MK A T pf 15 Mor A Ksl .. Men Pow . 65 flo pf 11 Mlllllnull pl 97 Nhl'hASL..10l Nst Ills. ...1154 do Pf . .112 NatClk&S.. 70 do Pf V NalEAS nf. 97 Nat I1 Pf l"5'i Nev Cons 111. NatltyMl pf do 2 nf... SH NOTxAM..,. H NYAIr Dr.. .101 NY.rck5Y . IS NY15SL 1 pf ! do 1 vt... 1 omoi itO is is': 46 I 140', I 101 lllle E'rv ..13S Otis Sll pl. OmilJAM. do pf I'ae Cojst. do 1 pf.. do 2 pf... PaeOAE.... I'ac MjII H) no 25 W 4.", M w m r.l 4 42 52'i 234 o- 16 I'jcTAT. ... 40 do pf.... 31'4j I'ennSbStl.. S2Ji Penile pf... 1" Peoria A 11 15 Pile M pf.. i Pel Mill ' do pf ' PlerecArpI .1014 Pitts CojL. SO, do pf .... SO Pitt'iFU'Cp l) puts stl pf s; I'AlVVa pf.. 73 Prsif iit....Ml Pub Serv... BO Pull P.il C.ll.54 KyStSn nf,.105 HcpMTck. . 41 Pop Stl pi.. 94 1 - 514 92 121 SO 79 10.1 66 117 W 45 '9 lo", 36 9s 9V-4 39 C7 9 P4 1194 91 1 1'i ifi IV 10 414 115 nx i)i 475 . 210 tc, 12 21 15 2t 514 33 V3 lien 102 Head 2 pf. Itrnutn ... do I pf.. do 2 pf. lieplrle Stl Sav Arms.. Seabd A L. do Pf s-Ilbk pf.. Sle's-S pf . Shaltiiek .. 33'i 76 914 93 35 63 14 174 115 91 U'5 STi.P, rloii...no do pf 1"U Sli, lid Mill. .130 do Pf 1 Slew War. . 35 Studeb pf...l(Vi Sup Steel.. 45 do pf 100H Tx Pc L T.262 TideWatC ..PO Tob Pd pf.. 93 TlLAW.... 6 ,!n f is LStLWe ..13 TSrLWpi!.. IS Trans 4 W 51 Twin city.. 30 do pf lVderd....lS7 do pf rnRit-AP... 55 I'n CI; Sis 16,) do pf 107U Pi.-Drr 1 pf W14 do ? pf...l.") U M Expr.. IS1; L'11 Fruit. .'.197 CSCtP pf.. 46'i rsItAIm.... 49 1'SlnAle pf. K U S Smelt.. 67H do Pf 4.5'i Va CC pf...lM Vn-ICAC.... 57 Wnb pf H. H'i Wells Far.. S21; West 1 nf.. 61 W.i A nr.. 109 Wert M 2p. 17 Wet P pf . 62 IVhlLE pf 204 Wis Cen ... 21 Wnolwrth 134 Wllijln n A 74 do -pf U... 734 424 224 175 110 54 113 127 41 24 264 :l 7 Mi, HI 1014 21' 124 17 57 21 100 96 16 C9 67 JOO 113 11S HI 71 inn int 10s r 15 i 4; lf,5 W 64 m 177 120 s7; 221 110 51 ;no IS r.l : si i; 'si 20 a no 14 f.3 3 33 126 n : OIL. COMPANY Detailed report sent on request 1 EH RICH & CO AIenjbcpi.'Ncvv York ptock Hxchanse "i 67 EXCHANGE PLACE, NEW YORK Telephone Rector '84 11 NEW YOItlC CITY 1IONDS. Tlell , form, rtate nnd Mnturlty. ntil, Inter July, 1SC7 85 Inter. 4i,, June. 1565 C5 Inter. March, 1M3 CS Inter. Nov.., 1P57 95 Inter. 41,11, May, 1957 95 Coupon lijs, lj;4 im; 97 coiition 414s. 1919-ira 97 Inter 44s, April, WA S9 Inter, 49, Man.1i, im S9 Inter. it. llarch, 1062 81 Inter. 4'4, Sept. 1960 M Intir. 4Uv March. W6) SO... H Inter l. May, 1951 s Inter 4s. Nor , I?; h Ii ter 4i. Mar, 1957 5 Hec!terel 4 Nor , 1936,... l Inter. in;.. ..77' Inter. 3'.,, Nor. 1951 . . 77 Ileitis, coupon 3'..j, Mav.1551 "7 Alk.Alout. 9 9V tll'4 91 91 l 91 M SI M fill f n M -Yield nid. Coupon 4iJ, 1P;.19,1 Coupon 4U. 19M193 rtecMrred 3U, 1940.1951 Hfrltereil 3'vs, 1930.1939 MetUteri-d eoupnri ;9:3-19.. I!eltere.l roupon 3H, 1919-1921. . Ttegliteroi 3, 1910 19;3 Reirlstereil 3. l'S-nuo . 4.9(1 , 4 Ml . 4.0 . 4.10 . 4. SO . 4 SO , 4.90 , 4.90 ItejIstereU 3s. 1J13-1935 5.00 NEW YOHK STATE IIOND3. YielJ Allc.About. I orm. rtnle nml Maturity. DM. Coupon u,s. an.. 19S4 ....in3i lleri.trred 4'Ss. Jan., 1961... 103 Coupon 4V-. Sent. 108.1 IOI15 Iteclstoroil 41 jH, Sept.. 19C3..W1 Coupim 4Hr. Mareli, 1965 .. 9914 Iletlsti're.1 4'j". March. 1965. 99 4niin 4'4. Jau.. 1965 . ... 994 R,'CItf rrt 4U Jn i5 on nupon 4, Jan.. 1967 'fi'ipoii 4, March. 1967 Coiinon 4v nn ' c.iinl 9', 93 . 9 Hosts U, V,(1-C Ctnal. . J (' l.l'OIl i. !" ti iti ,n 91 1 llrirlfc. (. I9js 6- Hlrhnar. 91 I IV uiu.n j, .tan tBH .95 1 IteelMerC'l 4?, Jan., 1915.... 91 ll'mipn 4 Jan.. 15!.' .13 ' .MI.i('i;i.I.A.VK0i;.S STOCKS. Hid. 3 Ak . Hid. AV. 93 m 101 o :ot ,o ) 250 17 l HO fl 65 IM) 109 r I03S lf) Am Chiele Am I'h pf. 'fnia Iio nf in INnr Cako. 1 11 Anmlir Uh M 70 ' onon 1 pf im !C iN J . nw t INuo T.'h 'f. '9 P'V'O'.-Jelll of '4 175 i P Jones Corp 55 M 1 V .1 Corp pf 16 . 'I'Telpj 1) . ro 4 IPrntt H W ii 95 44 lt Held A Co. 15 91 lit It Co pf : 35 I!y. Rnk I'.lr ! ) 70 IIH 11 p . . haf II & L. 61 A I Oi pf. 93 Am Whole- s'lc c pf 111, Am MfK. 163 An Mfj pf Am l A V 19) A Tlircad p Ji, Am Tyno I' 12 An, T,K pf 7 A D T N .1 f. Atlas P ('.. 65 l'arnli Pro A Spin I p SO Ibirnh Ilro ' A 5dIp 2 p f5 II r r Milk.lM Ilor C V pf. 95 Il' !l T nf 71 fO Singer Mf." t" I'Siern Ilr pf 103 1 Si 1. " MAP " I "toll Ch pf..W ITPCAC n . 93 IV P.aalte Co I Ine jo 1 VII Co Iik pf 'ft IValvollne pf.lOi) u-et f Kerr M V C Kerr pf s 15V ,t II nf.. KO is I Wnnen I pr pref 100 Yale AT .M0 f itv Invest. 70 Celluloid .. 115 , CM,. Co . . IC.iM pf. A '''' w "' I-'J-IDIAW Co . 10 1 "I ft 103 161 91 07 .165 ! 1 Ih-arer Crfi.llt 'g Fik It 1 pf. 95 I" S'lv , f , lyll V C S. ! Ex dividend hTEEI. AND OHDXANCi; STOCKS , "id a-' 1 ni. Am llr.i-b .21: ;ii, Ea'tern Steel, r. Ail s Pow if Kmn s A I.. :3 Atlas Pow pf 4 S9,Fiiip S A- I pf 70 Hab A 5VII .. 115 120 Her. . .. no Illlf", K W.. 4iO C,0 1firc P pf 9J lllim. E W pf 6 75 Niles-ILP . '.".Ilfl; Atk 90 :o 73 210 102 111 .( IM 97 ran r r . :"ii w.Mm It I fif Cub Metl.... 91 95Soovlll Mfg. Carh Stl 1 pf 100 noiTlionias Iron Cart Sll -j pf. 70 7'. Winch Corp.. Colt Arms . 54 :7HVoodard ... U11 I I'il..JiS) ' 315, Ex dividend. .400 . .100 . 43 T - OF TOWN MARK'ETS 25 D ilv-We.t . . I." Dnis-DaJy 1 0 East finite .. . . 0 l-l nid Crock 150 Is!,, Ho.i.ile ri i) Kerr Lako :i Mayflower O C... i'i New An adlan .. . .1 Niius-tnir .. . . lt,.'ew Elver pf .... 25 North Untie .. . S5 Old Diimltilon t'l S"iie-a I7fl sup A Huston r V S Smellln.- pf. UO Utah Metals I's P, P, P, i4 ins 104 io, 11', 144 IP, 114 II 41 II II 3.' 32 31 31 44 44 P. I'. S4 s s', 34 3 34 us ii'i in, uh SJ4 S.2', S2 161, 164 164 pll'i .12 ;t.' :a 3.' 134 154 l'-4 134 1', 4', 4, 44 i'li 4'i 44 164 2',, 24 24 S!, PiAILUOADS. 5 Ho.ton A- Albany I2S I2S 5 Hos A "Maine nr.. 15 45 195 N Y N II A II.. . am 3f4 fs West End 434 414 MISCELLANEOUS. 128 45 3I, 43'.v 12s 45 334 434 5 Am Ar Chenii'sil ru '04 "04 N.'t 11 Am Asr Chem pi. 92', 92'i 1124 .i'i 192 Am Oil A Enr ... 64 n'7 a, lit is Anioskc.nr pf M4 514 S14 Si4 163 Am T A T 994 ID, 90V, !"l!l 45 Am Woolen nf... 101 101 101 191 10 Century Steel . .. 3U 3Vj 31; 114 lio Eastern Mfe r,l 31 20i, 21 50 E.ist'n Steamship. 2.1'i m't' 23'4 ' yi; lf' Elder 294 294 XjU 19 Vi 150 Gray 314 5 Mi 31 31 :-5 lot Cot Mills pf.. !U4 snij si 9; 1 si Int Priiducts a; 1155 50 M iss Gas 7 71 71 71 7 M.lss Gad pf mi n , r,ii f 70 Me lav 43 4.1 4.1 43 56S Nat Leather II IP', 11 IP; 7 N E Tel llU SS'i Sill M', M Poeop BatUinhole M 16 V) p, 12.5 Siinins Magneto.. 17'i 17V6 17',i 174 2'Swift 4 Co lil 123 123 123 75 Swift InUiliiaCl... I5i,i 454 15 45 11", ToniiKtoii 71 75 71 75 25 nnted DrUC 115 1.5 l.ir, 125 15 fill Urtif 1st pf.. f0-4 to'', 60J, ffl'i' 37f, United Shoe 45', 464 4'' 464 1. HI Ventura I6j, pp. 16i.j K', 2VH) Waldorf '.01, 214 20', 21V, I1X1 Wallbnm Watch.. 3)'i 394 39U ,1114 !:.'. Wuk Wire Steel . 264 27 ?l'i 27 IIONDS. JlKel Cblraen Jet 5s.... SI .l M M 1O00 Mass (las Pijs in ' 90 'o -fin ,loiW Western Tel 5s.... Mli S.14 Mf" 1IOSTON CUItll CLOSIM1 Bid. Ask. 1 n: Auk. 15 71 II 75 ' 3 1 17' SO -14 1- Ar2 Extn.. 1 13 Mex Metals. 1 Aril S lvcr. 1,', llpuk lluk. 75 llohenila ... 14 Hos A Mou. Oi Calnieras ., .. Chief Con.. 14 Con Cnppir. 4'i Crown lice.. 50 Cr.'stnl .... 3i) I)enll;h . . S.' 14 Midnay M.. Pi 5", .Mo Tang... - Monarch Nat L 4 ,.. 5 Nev Dour. .. 10 New Hahic. 3 fS I', 41, 44 Nixon 1 11 15 40 lunonilaita 31 lOrpheum .. 33 PiIzTlm ... 31 li 14 K.ule II II.. '.'f, noneor . . Itmi(rer Prt .SO - 4 9 1 13 71 40 12 M ji) 21 I 41 Fort una 4 Gaisiin ... Iloma Oil... HoukIiIoii .. Iron Plus... Hi 11 W ) II 13 40 lb Hamer Seen Met ;i 22 s IV Miami. 714 4 Silver tiPiif.Y 17 II flron Can.... Texana 21 IJ Verdo Ext, .74 31 31 Jer erue... I Hose ... Majestic . .. Yiiloa .. 14. tun paid. CHICAGO. " S'ales. Opeii, llifh. S Am Had richts... I'i in 75 A Pnk 41 41 r.vi Armour I calher . I61J 161, 119 Armour U-nth pf. 95 95 l;i Arninur pf W, ll'l 20 Heji er lloanl pf. 1st !) 45 Henle llroi 17'i U!i 12" '!! Pueu Too! . 91 "1 lucinlnliy P H) 131 t'om'ir Eill.iiii.. ..107 107 M Confl Miilnr Hi', H? r I'lamnol Match. 125 173 25 Hupp Molur 15 15 75 Illinois Ilrlck. .SO so si' .1 I Cae 2d pf ' V, Il') l.lbby .7", 37, 2:5 Monlirooi Wicl 31 21 .l,Monl Wanl pf 10' 104 roo Niitlon n Leithtr 114 144 l.Ji On'houm . . -" ', , '4 15 l'uh'le Sc-vlce. 71 74 I. La 14 " 4.1 4J"- in 10H 93 10C 9i 17 92 leO 10? 1IT1 Ml, 100 it , !( l'S til. 173 15 SO 71 26 7" 4 125 r s ".1 274 J4 IM 14 r'.4 74 M i S7V 103 1 2il' 71 M 10 Public S-rvlif pf M M 19 Quaker O ils .,26. 265 120 Ueo Motor, ., .37 I7ti J6j 27 STOCKS. 111.1 Hid A alt I ..6- ClSflarflelil Apicnca . . Ai.'aullc ... Am Kxth.... list te ry towery llryant Park H'vwiy Ten... Uroax Nt... butch 4 D... Chase Cha! 4 V Chel-eii Ex.. Nt. .730 4.61 4.M 4.64 4M 43 ,.213 ...ItiothMi ! .,:5 W3 (lrrnich 27 ..205 IlsllUrrlman 36" ..4:0 .. 1 Hanover 815 150 lt Inumlnal m 150 lCOMnip & Trad 550 .UO . 35 .130 .309 .125 ICO IrvIn? Nat ' .. I Liberty W IIO!Liiicolii i"5 310Manbat Co 250 4 73 4.73 4."3 4 73 4 74 4 67 4.67 4 97 4 60 173 4 70 4.70 ... Mecli .M ' r.!f)'MetropoIitnn ...310 2651 Met ual I'O Mercaanis :.".s ...INcw A-Netli... W '.KIN Y II A. ... tfO .:'.. V Y Co....- ... IV! . Il'seirle 133 410,1'iniliiw E 575 ...11'tiNic 310 .:. 1 Seaboard cm rr.lSe.oinl I lS5Stale 2J0 ... : ,1 Ward 1 i:0l':'.teil Stales. ...ISO I'i Ion Kx 1S5 ?7llWmh Ills 3.'5 1 retnleal 5J0 (, lii7en Nat. A. 21 1 i 11 1 Cull A lion. 'miinereo Co ninnl 'ontiiiental . 'olnniliij ... Corn Evil... Cfivmnnnln.111 ..3)0 .m . .ISO . 175 ..130 110 kel. 1 Commercial E..I 4 01 1 1 mnionw'tli ,.:5 4.60 Cuba 175 4.S0 1 fast Illver 160 4.60 , I'lfth Nat 1C0 4 SO 1 Fiflh Ave 901 4.C0 ! Urn Nat Din 4 6.) 4W) FoiHen Tr II.. M 95' Yorliviile . ..375 Inclurtei or.e-h3lf share Irvirff Trust. XltUST AND SLHETY COJII'ANIKI. 4.00 Hid Ask I Bid Alliance .... Am Trust-.. SO Lawyer T 120 .. Lincoln Tr 175 ;IMetropolltan ...295 3'VMtce Ilond S7 230 Milt T of Vf 105 SI Maiaifac'rs 203 iioimo- T 300 3.'J);Nat Surety 20S ...N Y I. I A TT..130 . 'New York TT..620 510 N Y Titlet 133 4i'Pionle 275 2"0 Peallv A" HO 2-0 Til Ii' I", A T. ...3J0 :3:fniied smin...wn 37 f S M A T . 4VI Am Surety 73 l inkers 370 Poinl A Mt;e. :25 l'rooklvn Tr . CM Central Union. .4M Columbia .no ('mmerolal ....150 Fmiiir Trust.. mo Eiiiiitnble . ,.Sf .. 1 1 -tiller I,AT. .12', 1 Franklin 210 ' rnlinn fci ' r'i tellty 2il (itiariiiitv ? I, I lijlliilton . H ,dou T . . " 1 It'nss Co 1 I. ,jer M. . :55 . 11 ") 115 Tlt'e :.5,C S Title fiuar. o Vetclieter .. 130 W A II T M.HJ A -' ,11c Co tOnns all Amerirsn Trtit Co I 1'Uiti.ic l'Tii.iTir.x. 1 Sales ji, -h. i,w. i :4o ernes servi,.1 . ;''i :os TiOiMiei Servli-e pr.. 70 1661 ('die, S pf It . ;i4 7 1 ll"l C s bankers' flu . II to j 27 cities s deb C...: H't lftHj List Mi, -r.x uiviupnii Hid. A si; 1 Hid. I Adlr K're . 12 j Ad Elce pf. 77 ' Am . A- T 1! I Am IAT nl 3 m (i A- K U5 I Am OAK Pi 3T'j I Am I' A L. M m PAL pf 1,1$ 1 Am 1' V.. . . ! Am P V nl. y. Am W V.. : A WW I pf 47 Emo O A F SO is; 91 12'j 3: 6.1 3) 3d 5 52 s 6 I t"p conv nt I 19.'l (S Emp (1 A F ' 1 pf Ftork S IFeu 1, A T. 5 Fe I IAT Pf 42 0 A 11 See .) CAE See pf 75 IN" Out IJhl 10 N Out Lt 1 I 59 !N Ohio Elee . N O E pf A" Mines p. i'i N S l'r uf 3 A WW pr pf. I Appilnih P I Ap l'r pf... 20 Car I'Jt.U... :i C State E . 1 C S Eleo pf 5i) Col Power . 15 Col p.nv pf. 93 XUIIlen It A I. 11 12 I Ren IUI, pf 50 s ("al Edi 1 ! Cat K pf , IStd C, A- K . Mfl 04 K pf, iTenn IIIAP. IT R1AV pf. 174 37 I'i 6 I O'll uealtli P II A I... Cm'Mealtli 1M5AL pf.. Elee has nf 17 37 irmieil LvV.lt .'5 If LAlt 1 pf 63 WtM Poner. 17 V P new nf 67 Vi Finn I) E nf i Em 11 1; A K Co 1st A io'I 03 '26. 33 SHI MlfiAJt .STOCKS. Hid. A-kJ Hid. Card Am IS I.I11110 Cfnt.. 110 S" IMat-Am .. . 10 S7 IMat-Am pf.. CO 22 'Mlrhlsan ... !li 1 , .tiii-ini pi C Aculrre.. S3 ("enlral n ' Centrnl pf.. M 1 F'laMo .. lis Fe'eral ....tft", J OI West ...4") i. Vet pf.1'5 paiionn i? IN Nlouero 223 Is Crc'lln nw 1; ISavannah ... 41 Isavannah pf ss in no 455 I") 7S (luanta mo 414 4", 12.14 7.", 01 294 21 4i- tt w tit Warner . 414 l"oo swift Int 431! 'Silt t:. 1 son C111011 C,i;l,!i!e .. 74's; ".'1 J,'.1",1;''1 I Works. C14 4") Willi jhi? 25 Wojtcra Knlttiiu- 21 n.VLTI.lIOltl 42 46 12IU 71 Cli 4 1 4 21 Sales 1"' Hall Trust . .. no C t.t.al Tertea. :" Cos.ln ? CH. -iino 25CitlciH H ink.. '" Cci:s Po-air ... IS" (Y,,4 Coal 5.5 llniisiim Oil pf 70 Inll'lhom.i Open. Ili:h. ,.1C) lu) .. 74 p; Low. 161 74 ..21" .. 43 ...IM .. v) .. Ss 2?) 17 21-) a 1, Si) SS S4 234 79 ".) New Anister Cs, 3:4 1.5 Pi Water Pocr. S2 P I' S Fidelity IS 234 , HONDA Milfoils Power 14.. 774 7714 ') t mis Coal i.s ;n a, Jli.s. rmted Kv liie.,.. 12 4! 3fvi t'niled Rv .is C2 1 2ll Viutt,'. y ief 3a. X . M ITlTMinto, Siles. ();,.,,. Illj.1,. 3s 42 62 50 I'W. 4S ! 44 1.34 3D r.t; .in 42 10 .tin 11 inns? pr 11111 , 1614 H'l ViLiiia. On.. . .11" III 4 16-- 2".o llrumiaii n,r. s, 1'.'.5 l.'url.i llydio pf .1 Im) Csiniesle I, A A VI I'm Giiffey illll,.p!e .11 "0 Ind Hrewln;. . . 14 2". Ind Hrewliii pf i:it. at lf. Usui, II. Stl K:i Mnrlun.l lief... 114 I'.M illiio Fuel Oil.. ;id IiHI Dkl.ihoiua la... 42 "-0 Pitts Hrir t,f. 1; s.'lii Pltw Jironie. .. Id 5'i Pitt .Ml siiasta to '.' I'ltlii PI11le.GI.llll P's Itlierslile lVit. ,1 "o 1ran font 1)11. 2;f; 15 I'nfori Gus 121 '" Wesllerf 11. ..Ill Iiki We.tlii" Klec. . :,'2V. 171 44 ''Vi" :n : 17 ID 4'.l HI! 411 101 in 12 1 111 PHILADELPHIA. Sales, Open. .. 4M, .. O.'j, ..1:ii ..llll II.'sli. I.VI-, 2V. 121) lir- 1151, Six i'.i i 41) 74T1 Sl5 Lot) . .'i o Am Store. , . NEW YOHK HANK 45'i 431, 1l 120 ' 101 102 isli 2.M '. 1"4 20 " .'I5 M 21 2.5 '-? . Vi ii, 4S-J, ISV, "l: 91 nt M'i 01 7o ;u :M Am St At pf :"') rke .Sl,ir.ise 00 lien Avnlu'lt in ins l o . .1. . 2SU is.", lwikc Sunerlnr. 20 Pldl Co nr ufl .'v5V. 10 Pldl Elis- , 5oo Pldl Pari 1Y t c -s. 11,110 IliOlhinl.. '. 21IO Torop-ih .MIii... 2 132 fulled liak' Iinji 4M', t IVeitmore'Cool. 74'i noxos. JPSSI Pc Co eon 4U. !)1 12000 Pldl El 1st f.s. inn; I0i fnltisl Hj- In 5 70 01 111 70 DKritniT. SulC". Open, lllcti. IO'I JIlvU yujar. . . .' ID, ID, V) Paekard 2 tr,1. 1 loo Hi o 27 "27', TOHI1NTO ri.l)IMi. i C'OIIALT, I AH JIM, I Ski -I. I'i . n.a. Ailauac : llalley 5 It-aver Coin 5 Ilufliio .... J) Uh.mui Per. 4 i.'oi.l.ifa- ... 2.15 Cmsn :;' I'osier 3 (lifiord 'It 'orth... . Ilajgnivi-s . .. Iludeon H.iy Askd ' -Uid. 3'i Kerr .Ihe.: 4,i) 5 Lt Ilo-ei is 61'5 McK-D S,. . ,. !Iln C of. '..'2,i.) 10 SlnilM is M Afk. . uiinir- 3', a. ill.lersurl I... & irJirht n W. :'i.'siver 3'iTeinlslnm. .. I ,'lYe'heer '5 iHVttiaiUc: POI1CUPI.VE, 3 rKewrajr c ll'orc frown 1 Poro Imp, . i ! Pore Tlsdale s'-i-.iU si I I D, A net Divldfin '. Dome Ell Domo Iike. I'i Dome II ..13..5 (fold Href :'i HolllnKer O 0 ti Ifeora. ... 51 SU'firljTe. I.tfl li iiNiTenton K D 1 l' 'ctnuiKcher 7i i 7.1 Poro V N T 10 21 Tbomn Krilt 511 S'ld lVm Dome. ) American by now changes, Atk. !I0 15 195 .. Ak in 213 . 750 I lit : 390 H If f- no 173 ! 1.1 M. Berlin" GERMAN CITIE nut. Coblenz Cologne Dresden Frankfort German Govt. Hamburg Leipzig Munich Mannheim I" lu) Ask. 46 ton "4 53 S1 11 SS 10J 19 31 .! 9 '.' C6 1''4 6, Stuttgart GERMAN INDUSTRIAL BONDS Prices and Description on Request ' iKr jJ'l French, Belgian. Eng'uh. Italian Government Bond) Farson, Son & Co. Members tVew York Stock Exchango 115 Broadway, New Yorlt. A'k. l-'4 lc", li 17 42 4"4 The sharp upbidding for crude oil litis caused two advances of 25 cents per barrel within a week. "Nlid-Continent Crude now com mands $3.50 per barrel as against $2.10 the first part of 1919. The shortage is bciiiR rapidly accentuated by the increasing use of oil. Record oil prices nre reflected in greatly increased earnings and trowitiR prosperity of Independent Oil Companies. A Conservative OH Investment 414 21 Lsk). 160 art OI? 71", Iiicorporaird under utrlct Texus l.nusti' 12 DIVIDEND STOCK PAYING l'fWQNTHLY Earnings Several Time Dividend Requirements Owns Interests in 8 PRODUCING WELLS 18 WELLS DRILLING 19 WELLS CONTRACTED FOR The corporation owns oil rights under nearly- 9,000 acres in the ' Ranger, Texas, district, lcaiV-d to the largest fcdmpanies operating in these fields, to be developed on n percentage basis, Jhe Hart Oil Corporationjrecciving a part of the oil sibioluteiy free. The cor poration also controls 11,000 pcrcs well distributed over the fields which it has reserved to drill itstlf. Application will be made to list stock on the New York Curb Market. Shares Now $1.C0 Each Send for Vrosp' HART OIL CORPORATION r,9VValiSt,NcwYork.Tc!.Hanover2070 7;it !'S 41 1.11st. ' (S.OJ. . is ! -i-i ; ai1' 1". . 11V. 03 "V, 42 li t) 4t 101 4,. 121 in A, J. JOHNSON & CO. Members ' New York ?lqck Exc.han.vje Railroad Securities Bought Outright or on Margin 1IM ..10 i:.t: 4 60 Broadway K1P.KLAND LAKE. IClrUlind'T,. ! 70 ITcck Heches li Lake Shore . 1.20) :i',j 10H MISCELLANEOUS. Forelp Securities and Foreip Exchange inventors and banking institution can benefit purchasing European Securities and Ex- which are obtainable at moat We specialize in the purchase and sale of all foreign state, mu nier"? industrial securities. JosepfM & Co. Members New York Stock Exchange 120 Broadway, New York Telephone: Rector 5000 M MK M. Ji 9 A BLB f "Ul 3f Special Prices 10,000 to 1,000,000 Marks Corporation Nev York City DIVIDENDS AMI IMIMII.sl. j TiaTtii?"i.xTniNEni7Mr TLHI.4i 1(1. A I'i dividend on th Com no n rnd Icrrod fhares ot this Compsnr has nnniriT attractive prices. IIKPOHT OF THE CONDITION OF THE BANK OF AMERICA l tho rloi-n t buslnesa pn the ?8tb day of February, 102O'' HESOUHCES. Stnokvii'l Iin1 1'lvnstmmts. vlt.' ' Public MS-urltlM tmiV.V Private securltlivs 2.1ll7,4lH.l'r Ileal ihtnto owned 2.l).30,OO0.0 ) ! I aw iim nnd discounts nocured by ' collateral 12.llWjm.S0 ! loirs, discounts, and bills pur- cliawslnotsccurod by collateral. 14.80ti,(Wt.lo I Oiertlrafts 12.1110.71 I Duo from trust companlos, banks, and hankers 2,RP1,70S.S1 Sp.s-1,1 432.R34.7J Ol her currency authorized by tho lawsnftho Unltort Statos 4iim.wsa.uj Cash items, x lx. ExchaiiKos a II d chocks for next dav's rlearinirs $22.30O.l.41 Other cash Itoms. 400,002.411 22.772.740.S1 Pun from tho Federal Hiwcrvo ll.nli nf New York fi,203,402.0J 2.004.077.1 J S..TOOJIl f 'ml outers' HabillLv on aeront- fll'C , Other assets, lz,: Accrued Interest not interod nu LmiU at closo of business oi above date v. . Total . .90.6.333.'J) LIABILITIES. -OjtiltilitOClc tl.500.000.0J turiihis: Silrplusfiind tO,(iOO,OOO.OH : l pdlvlilCAl prouu. i.aaw.un.i.u'j 7.2S9.0S3.9J pits Duo Now ork Suite Sa Inss Hanks DeisKlis Mibjoct tnrlieek. . Demand oertifl- elites ir deivv.lt. I ashler's chiickj outstanding Certlflist chocks t'lipaiddliidond. Dim trust com- panii's, banks. and Imnkors ss.sovoi.oi 40.772,4SO.SI 4,270.ir. 225.071.71 7IS,r,71..l'l 4.304.OJ S.507.10.5.41 Total donrlts 5-4,130,572.59 i Aecopfincns of drafts payablu 1 t a ruturo onto or autiinruisi ' bv cnmmorcl.ll letters ofcrudlt. 3.374.070.13 . Ollln( llsblllties, viz. lleiVfiiM for I a lux,. 1'ipun.vK. is:-.. . . S15S.5-ll.0l Accrued Intonwt not ontero.l nl books at clasii of 'linslno o.i nlmvo dsts r . . E.-llraatotl un carnisl d I s -cuiuiu 14.0J v tJO.-W.!'? .S-t 0.(101.2) Towl . SM.M.1.:i3.1.00 I DIVIDENDS AXI) ISTEnHST. V.Vivaudoiyn Times Building, New York JInrjrh 11, J920 DIVIDEND No. 2 The Board of Directors of this Company has declared a quar terly dividend of fifty cents (50c) per share on the Common Stock, payable April 1, 1920, to stock holders of record March 15, 112 b. .M. SCIIATZKIN, Ireoiure. Eo Francis X. Eagan Corporation Animal Dividend No. 4 At iu Miuual rieetlr.it of the atockhold erj o.i M.i.-h r.!h. I'-'1. an annual divi dend of 7si hu declnrsJ on tha Preferred flock. pn'Nbl. to holders of record print .' Janusrv 1st. :o:o. rillLIP O. rtr.Ssil.rH, Trens. 18 Seaman's Oil Co. Dividind No. 12 T'i- regular quitter tumnl dividend of f c pe- cent. (5"o) is Jue fnd payable Mir.h 31. 1-20. to ll itocL-iioIde:: el moid Match 15. 19:0 liOUSTON' I. TCEKfT.. Titarurcr. llSnlHSAI. LEAP 10HCCO 4(1.. INC. : . e II .ml of ulrttii.rs of the Universal ! '.-.-if Tona. i 1 ''omp.niy. In, orpo-nted, lui i,lo'..ii' 1 re;ul ir oi-rtrrlr dividend of I.,... i'i :vr Cent, on tile nrefirred stock j of the ,ui:..n.). paiabl- .i pill 1st. 1920, I to S.OCK nonir Ol iciu. , .'isi.il ..ill, .. r'n-cks for f ' I I ditldiads n bs :,ialld I" 'be Sto, ki.'l-ers. 'Ilio ztoclc i ii.ster books v. Ill Li eli,, il fi, in 3 P. II. March 15lli. 157.1). lu 15 a. ji. April lat, W. . IVILLINOIl 5I. Sc-ctarv. GREAT STATE l'ETR0LCU:il CO. 310 Fifth Ave, New Ycrk DIVIDEND NO. 3 Tbo Hord of Directors of tli flreat ,tAl Peiro.-'ioi i' have dec'.red , inonlh')' ill, on ml pa' able April lat. ' 1i?0. 10 8io. Iino.u-.s '. re jra ..ari.n .uf ' ' "w I.TI"t II Ml" il IM, " e.,irr I AMl HItAN CAN C4. V quarter) d vnl'iu of one ail thrs. 'i:sit't per cent r.3 t.n dejlirea oi Pre- the rtel',e,i c on. oi i us .onip,iiv piv rlt April 1st, 1120. to "oc!-.hclderi ot if crd . the cic-ri ot t- .n- ss March 17in. lsM. Translcr Uoeka lll r nln optn. Checks mailed. ! )f iwn bcon II