'WML'
17
i&wnA
EVENING PUBLIC LEDGEKr-PHILADELPHIA', SATURDAY, AUGUST 19, 1922
VrA.
m
m '
'1
NEW HIGH RECORDS
AGAIN REGISTERED
Fore'gn Investment Buying Said
te Furnish Powerful Under
lying Support
Vtw Yer!(. Aug. 10. Anether new
j,nt,, of liicli rcrnnH wnw recorded In
tedm'" ftnelt merket among the repro repre
npntntlu' mil and Industrial Issues. The
nronemir-i'd strength of the high-price
rnllv. (is ii matter of -t, was the out eut
ftnnilluK fentuie of tin- khert session.
Tl,c nen-dlvldeiid-paylns issues were
by no inrnni neglected, nnd some of these
no mnched new penks for the current
jenr. Overnight news, Including the
Pres'fdent'H mec-nge en the lnber dis
putes apparently were fnvernbly intcr
inrctecl bv both the speculative nnd
XVnnini Vnmmitnlty. "While peme dis-
Cpeinti.ieiit was felt ever postponement
of the rnlliend conference te next week,
this feeling wan overcome by the con-
'tlnued confirtcnee nn enny imreum.'i i
S be reached. During the firs hnlf
nf tlie session the trading was bread
and active, with the whole list showing
istrens upward trend, Ueek-end nd
Lttnents and prel It-taklng cnnwil
Seme rhndlng from the higher prices
followed by diminishing dealings, but
the tone remained dltlnctly strong.
Renewed activity of railroad mort mert
eaees. (-evernl of which made wib an
tint caln", as the outstanding dovelop develop dovelep
nent of the bend dealings. Gree
Northern 7s leaped forward !',, and
Norfolk and Western convertible II- .
v. th coins of ,n,KC lrnctleni beiiiR re
wrdedbv Missouri Pacific 8s, tending
4s. Southern Itnllwny r,s nnd Northern
Pacific :t". New Yerk Central 7Vii
sagged slightly. . ,
A better tone was noted in the for
eign Rinup. the feature of which was
the point rise In Argentine ..s.Kerne
8s and Zurich Ss iidvuneed fractionally
with Paris-Innr-Medltcrrnneiin Os,
fieine 7s nnd Deiilsh Municipal A.
Little nctlvity took place in the in
dut trial nnd public utilities group. al al
tlieiRh (ioeilicnr of lim and Third
Avenue adjustment fis bettered their
IKinltlens. ,
Mbert .1". blqb enjoyed a re
znnrKiible advance yesterday, sustained
,,u.re setback. dreppinR OS points.
The steady upwaid trend of security
Tables in fne'e of labor troubles bus been
mere or less of n conundrum te the
average la.iinan. The stubborn strength
of the market (lining the distill blue
dpilpmcnts was mere nmtr.lng be-rnii-e
"f the conceded ult ra-professien -alNin
of the dealings nnd the seemliiR
hwliileiencc, or nt lent lark of action,
en tin put of the men Important
market Interests. If any credence is te
be plicid en the deductions rocentlv
nimle In .i rocegubed expert market
niuili it. u viy linpertiint element of
belli i' enxt'i nnd support has been
evrl'T . d ln liis opinion, th- remark
rli'i' ill ntitle powers and tcMllcnry
of t'e mirket sIike Inst Aiiril In pitt
tleulni h-i' been larjelv the lesult of
et n-! e Itiiep'an huvinR.
I',, i' " nf 'lie widespiend propa prepa
riiii l.i n nceiuliii; the depleruble I'u
rnjpni londltieus. the ncmgp obsener
nevn Imil.s iiMen the possibility of
Eiiimi being ifhujer of Ainericnn se
curities ns a potent market factor.
Eienlmh looked upon Kurepe as Ixlnz
tee liml ii)) te have sufficient loose
rli-ii,," tn liiiest In Ametlemi securities.
Tin- uiipieiiilsinR eiiinemlc I'uiepenii
Mtuiiiinn, luiucur, applies mere te n
finwini.ient peiltlnn than that of In
dlinliinls Therefore, it Mould he nlto nlte
pntliei lugli il and reasonable for the
Euierc'in te leek te this side of the
Mnier lur tlie mere stable Investment
Mllluie
AcceidinR te the deductions of the
niitiniHi irferrcil te, I'lirepe, Instead
of hcniR an envious looker-en, linn, In
realm , lieeti tlie dominating purchaser
of nil the high grade investment issues.
TliP"e pnii liases, acceidiiiR te his dls
COieiv, linve been widelv illstlll-Uteil
amniiR the vaiieus nations, including
the (iermnns. IJnjIiiR by the latter
would, en the surface, appear somewhat
of i i,iraie in view nf the iibnermnlly
Inn lei el of tint linnnces of that loun leun
tn. Here again, he said, the condl cendl
tinns of stiitc hae lieen confused with
that, of tin, lmlhidiinl, and lie claims te
hnie pesithn proof te show that the
Oirnians have been very liheial buy
ers, net enh of stocks nnd bends, foim feim
erli faierites with the Teutens pi ler
te the war. lint that tlie imiciinses ex
tend ti a huge iiilety of is-iiies.
''lilike the pic-unr period, these se
eilrll es, biuifjiit and paid for, are lieiuR
held in this cmntry by peweifnl bnnk
lnj; houses cnjeyiii" close conneitlens
with the foreign Investors. Ilefere the
war, all stocks, nfler beini; properly
transferred. Mere promptly -hlppeil bv
fast steamers te the new owners. This
action en , jmrt f tlu fietinnns and
ether Duiepcan ituesterH is prompted
by leiiseii of tlie effort te dodge the nl nl
niet cenrHcatl!iK taxation cdsitliiR in
jainj of the I'urepenn countries, in se
fnr as fnrelmi investments arc con
cerned, nml nls b.i reason of the eelnl
mills tpn.v.ulini; throughout routlnen reutlnen
'"I l.urepe. The foreign buln, ac ac
ceidlng te this luvestigntien, has been
e ileierly o'lineull.igeil as te detract
ntteminii of the sliiewdest traders nn
the Htu it. Heme of the mere important
operators may have had stieng suspi
cions nf the existence of this foreign
nhsiiiptien, whidi may account for
'lie Miibi.n aheut face chniiKe of ntti
tilde ceitnln iiell-UneMii traders are
Known te hnve taken in their market
pe'ltinii xiitlin the last four months.
Attention of most everybody, he sais,
T,"1 cempleti'lj ab-mbed b the in
luiiiti of the lurieiis Kiirnpeiin Cnv
fiiihieiits te settle their differences and
in out the proiislens of the tientv,
nv!i i" '"-s1"1"' "I the ilidlvldiinl Mi'ih
eve ir,,,Kj.,. There has been a great
'",' "al'1 ""'I written concerning preflt-
,!:'l!ll IbN country, but ei'er.ibedy,
"I uieii.lv f.uied te consider very
e iu i ib'.',',"" ,",","s Jwnllliiir abroad. A
T , '"' "f '''' wi-culled bleed money,
n leLl i"10'1, is 'eprcented in these
,,V ' '"epean pun bases.
never b.f" ' i." f "lf l,nrKet i"N''utien
ere, ' rf,:IP ,ll,,'"'. eve,, censld-
w li '1'"" ",ll,,l b" built, and
NEW YORK STOCK MARKET
0ny Afternoon Repert in Philadelphia Quoting Full Litl
Today's sales 402,000 shares
Yesterday's snlcs en.S.HOO slinrcs
Tetnl for this week. . . .,Jr3,100 shares
pieii
lieiiei
fiftv ,
int
ever
high
in i ii . .. . 1
t i ii ,'-"' ' sri-ijiniurv
" lllllllllllll -llis
in rent l , I ,.
Prices fn (,
tlrl,. ,.r .',. "" "'" "'II
Hi, .mi '" 'r""'"'"i- nillan
hi,.i, . i ",ll,N iiueiu
I. i l "U et t
jinnies
Of
Meek,
leailied new
th
rv.
In$
flutes
3Vj
10.1
2100
103
503
300
T03
t403
tee
100
203
510
400
4'J3
300
1500
100
203
100
333
1030
100
2000
1G00
100
300
6600
300
100
303
200
100
9303
2300
203
5703
100
200
1700
600
00
100
2200
100
5103
7003
3300
200
000
tee
2103
500
100
100
600
700
100
200
103
100
233
900
4700
100
400
300
1033
100
633
3103
100
200
1930
12C0
203
8930
9333
2600
103
4013
300
100
500
1303
100
2?0
109
2830
1333
603
100
53J
230
203
2103
010
1900
7400
600
003
300
10e
ZOO
30)
603
200
103
1203
503
6330
2103
633
3830
103
100
100
100
1800
200
100
330
2500
600
2J0
230
003
0030
2700
100
100
303
100
1200
300
500
1930
500
400
2103
100
2C03
100
200 ..
200 0
1000 ..
200 ..
100 c
1103 ..
101 ..
1000 ..
IOjO ..
903 ..
103 i
200 ..
200 ..
2103 ..
100 ..
1500 ..
400 1
703 ..
200 ..
1900 3
STOCK Hlth
AjVix rtllbbr "?
Ailvnnce rtumely.. 23
Allien" Chem & Dye 794
Am Asrle Chem... 42 ti
Am Acrlc Chem pf. C9
cm iiect Sunar.... iW
B Sh Fdy new 71
4 Am
Am
12 Am
Am
Am
Can 58',i
Car ft Fdy... 177
Chlele 10
Cotten OH 20
Am Drue Svn n 6Vi
" Am Internnt Cerp.. 3H
Am Unseed 36
Am Linseed nf.... 56
6 Am Locomotive.... 1 20
3 Am MctnlH 44 't
4 Am Radiator 114
Am Safety Razor... 7
Am Ship & Cem.... 1774
Am Smelt 62
12 Am Snuff 39
3 Am St'.l Foundries 42
. Am SiiRar Rcf 85
.. Am Stlmntra 37 94
.. Am Sum Teb rti...
9 Am Tel ft Tel 123
12 Am Tobacco 149
12 Am Tobacco D....147'j
.. Am Waterworks. .. 19 ti
.. Am Watrwks 6 pf 43
7 Am Walrwka 77e Pf 07
7 Am Woolen 04
.. Anaconda Copper.. 54
4 Asse Dry Goods.... 10
6 Atch Tep & San Fa104t
B Atch Tep & S P pf 5
.. Atlnn Rlr & Atlantic 3
7 Atlantic Coast Ltni115
.. Atlantic Fruit c.tfi.. 2
.. Atl Otilf & W I S S 33
.. Atl O & W I S b tir 23'a
.. Austin Nichols 31 'i
.. Aute Sales Cerp. . . 3
7 Baldwin Locemotlvo'26t5
.. Baltlmore Sc Ohie... 59 ti
.. Barnsdall (A) 3T,4
.. Rnrnsdill (H) 26 fy
.. BatoplleB Mlnlnff... V
C Bethlehem Steel.... 77 'b
B Beth Steel U 70
7 Beth Steel 7 pf. 93
.. Beeth Fisheries.... Bti
8 Brooklyn Kdlsen.. 114 96
.. Bklyn Rapid Transit 24
. . Bklyn R T ctfs of de Z0J8
10 Burns Bres A 135 ?S
2 Burns Bres B...... 40?A
.. Butte Cep & Zinc. 7
.. Butte & Sup Cep.. 30 '5
6 California racking 02 x
.. California Petrel.. 62 K
10 Canadian Paclric...144t$
.. Case .! I Plew 6
.. Case J I Threshing.. 43
.. Central Leather.... 40 Ti
.. Ccrro-dc-Pasce ... 40 H
J Certaln-tced Tred.. 49 ti
C Chandler Meters.. 63 U
4 Chesapeake & Ohie. 'HVi
.. Chlc.iKO ft Alten... 11?i
.. Chicago & Alten pf. 18
.. Chi ft R 111 (new).. 43
.. Cht ft i: 111 (new) pf C0
.. Chi ft Gr West pf . 22
.. Chi Mil ft St r ?3
.. Chi Mil ft St I nf.. 51 Vi
Chi ft Northwestern C8
Chi ft Northwest pt.124
Chi R I & Pac 6ti
Chi R I ft I'ac C pf Eb
Chi R I & Pac 7 Pf 57 tt
4
2
Chi St P M & O 4
Chile Cenner ?2
. Ch'ne Copper 30 "4
2 Clev Tin Chi ft S I 79 '2
C Clev Cln C & S L Pf "5FH
. Cluett. Peabody .... 61
4 Coca-Cela 72 Ts
. Ce' Fuel ft Iren.... 32
4 Colerado ft Se 1st pf 61
. Celiim Gas ft Ulec. -9
. Celim Graphophena 3 Ja
G Ceinpii Tab Rec. .. C8
8 Consolidated Gas... 175
. Consel Textiles 10
Cern Products llcr..llb'4
Cosden & Ce 45
Crucible Steel S3
Cuban Am Suprar... Z6H
Cuba Cane Sugar pf 39 Y2
Davlen Chem'cal.. 4914
Delaware ft Huclsen1i8
Del Lack ft West.. 132 J
Deme Mines 35
n,, Teut 1 I) Ce.. 136
Du Pent Ce deb pf 83 Jj
Trtpn Ktnraca Bat... 9
Kndlcott-Jehnson . 04
. nrte l7,
. Hrle 1st pf 7
. Rrle 2d pf 20
8 Famous Players L. . 9U
8 Famous Players pf. c-'7 ' i
6 Fed Mln & Smelt vt !3
. Flsk Rubber 13
. Frecpert Texas 21
. General Asphalt.... 65 ?h
5 General Asphalt pf. 99 '4
fi Geneial CUar 77 ti
8 General Klectrlc. . . .184
. General Meters 13ti
. Olldden Ce 15
, Goedrich B F 37 ti
. Granby M.nlnff 32
. Gray & Davis...... 15 4
7 Great Northern pf.. 91 Vt
Gr North Or ctfs.. 4'i
. Gulf Mobile ft N pf 4014
. Gulf States Steel... t-
7 llnrtm.in Cerp 15
. Housten Oil 77 ti
2 Hudsen Moter Car. 21 5d
1 llupn Motorcar 10Ji
. Hvdraulle Steel.... I'W
7 Illinois Centra! 111
. Illinois pf wl 112 74
. Inspiration Cen Cep 41 Vi
. Inter Cen Cep 1 4
. Inter Agriculture... 10
2 Inter com Ensr 25
6 Int Hnrvuster new..112
Int Mer Marine.... 15
C Int Mer Marine pf. 65
. Inter Ntcltel 10
. International Paper 58 ti
C Inter Paper Btpd. .. 75
. invincible Oil Cerp. 14
, Island Oil
Jenes Bres Tea.... 44
. Kansas ft Gulf 4 56
. Kan City Southern. ?0?i
4 Knn City Se pf 50
. Kayser ft Ce new... 46 4
, Kelly-Sprlnnfteld .- 45
, Kennocett Copper. 30
. Kejstone T U R... 0
. Lackawanna Steel.. 81
7 Laclcde Gas of St L 09 ti
. Lalte i:rle ft West.. 34
T.nkn Krle ft West pf 71
Lehigh Valley t0J4
t.O'V
11 ti
T3
70 ?
42 ti
C9
47
70 ti
17 Ji
177
10
27 Vi
6
37 Vt
35 74
56 ti
120
44 14
114
7
17
62 ti
139
41
84 74
37 H
H
123W
140
147ti
19
4174
87
92 ti
4t4
55
103
95
3s
114ti
33
2314
30
3
1?5ti
57 74
32 !i
20 75
77 ?s
78(4
99
Bti
114H
?4li
20'j
135
8
7 56
30
82
62
143
6
43 !i
4Cti
40
49 ti
63
76 14
11
10
41
-9?.
22
32ti
49
87
124
5ti
C5
97 V,
73
22
301-4
79
se'4
59'0
72
32
61
bBti
3
60
124
10
115
44 lB
92 ti
?6 i2
39 ti
49 ti
1?8?i
13C
34 14
135ti
63 '4
40
84 t4
17
26 7a
19
C8
97 !4
53
13
21
C514
9914
77 '4
103
1314
14 f2
37
32
15
90 54
4214
40 ti
E3
84
77 !i
21
10
110
112
41 (4
Hi
10
25 li
112
15
65
17 74
57 1;
75
13
4414
413
26 14
58
46Ji
4514
36 14
M4
80 ti
89
33
6914
-8'4
Net
Chjre.
'A
Tertny'a
Clene
1'-
23
79 14 I
42 ti 4
(9 47 -70
J4
fO 177
10
i8 -6-37
f
36 56-
120
44tS
114 -7
17 r
62ti"
139
4174 r
85
37-
i-
123
149
14714
19'4
43
87
94 f
5414
55
104 ti
C5
3
115-r
2
33
23 14
31
3
126 fj
59 54
33 ti
26 74
74 77 l
70 99
Oti r
114 f
74 -
135
48 -7
30
82 14
C2
14414'
6
43
40Ji -40
54
54
77 54
11
10 -4254
60
22
33
51ti 2'4
ee 1 54
124
45 74
F5
97 54
74
'a
79 54 4
'4
72-J
32
I-
3
68
125
10
116
45
92
?6
39ti
4954
128
132 54
35
135 54
83 54
48-
84 54
10 54
27
20
69 54 r
97 Vt -b3
-13
21
65 54
99 54 i
77 5i i-
184
13ii
15
37
32
15 54
91 ti f
42 54 r
40 54 -r
(.3 -4
77 54
21-
ieti y
9
111 112 74 r
41 ti -'54
10
25 f-112-15
f
65
IB
5714-
75 t
14 ii -
54
54
54
' 54
54
74
54
Ii
,'ti
ti
1'4
1
2
54
1
!4
1
it
iti
54
54
54
'4
ti
ti
14
"ti
1
" ti
ti
54
Iti
ti
ta
1
1
154
154
1
1
54
ti
ti
54
2
54
54
54
14
Iti
"
"t4
54
ti
54
ti
74
1
Vi
Hi
ti
ti
"
1 !a
54
74
14
"54
54
2
74
54
44 1
4 26 54
C8
46 '4 -45
J-36-B
b
CO 54
89 54
34 r
69 54 -68
(-
ta
4
14
ti
2 54
5i
7a
RulM
4303
1331
100
100
431
. 103
65)3
3610
103
603
20"
933
2903
1203
103
Dlv.
In $ BTOrK Hlh
7 Lima Locomotive... 50
.. Loew's Inc 17H
12 Lerlllarrt (Pierre). .163
7 Iulsvllle & Nash. .134 14
.. Mack Truck E(j!4
7 Mack Truck 2d pf., 2.,
.. Malllnsen Ce 301
4 Marland Oil 4014
6 Market St pr pf.... 6314
.. Max Moter Class B 20
Vt Mclntyre new 19
12 Mexican Petroleum. 173
C Mcx Seaboard 20
6 Mex Ke.ihnnnl nit et 17
2 Mlnml Copper 29
4500l,20 Mlddle States Cerp. 1354
933
300
403
P503
300
10)0
5230
1500
2000
200
930
100
600
700
530
503
630
7000
533
1Q0
983J
1030
15)3
413
203
6211
400
333
100
100
630
1930
3103
103
433
410)
1533
233
1200
1503
100
100
4333
1033
100
230
303
100
1230
1903
400
2033
20)3
1333
1903
703
4533
500
700
4103
400
100
2103
100
200
203
2000
Mid vale. Steel 36
M St P ft S St M.. 60
Mln ft St Leuis nevr 1 1 14
Me Kan ft Tex (wi) 18 54
Me Kan ft T (wl) pf 4314
Missouri Pacific... 22
Me Pacific pf 58J4 .
Montgomery Ward. 2414
Methor Lede Mining 1 1
National Acme .... 16
Nat Dn ft Stamp... 19 14
National Lead 103 54
Nat R R of M 1st pf 14
Nat R R of M 2d pf 4
Ncv Cen Copper. ... 17
N O Tex ft Mex.... 72 54
N Y Air Brake. 74
N Y Central 9954
N T C & St Ii 90
N Y C ft St L 2d pf 90 54
New Yerk N II ft II 3214
New Yerk Ont ft W 27
Norfolk ft Wcstcra.119
51 5i
13
7 56
12 74
1'4
11
9
32 74
1076
75 54
North American.... 70
North Amer pf.... 4514
Northern Pacific... f5
.. Nunally Ce 10
.. Ok'a Pred ft Ref... 3
.. Orpheum Circuit... 1974
8 Otis Klevnter 148
.. Otis Steel 11
B Pac Gas ft Clee... 79
3 Pacific Oil 5714
6 Pan Amer Petrel... 75
6Pan Amer B 71
2 Pennsylvania R R.. 4714
.. Ptnn Seaboard Steel 7 Vi
B Peeples Gas Chicago 92
.. Peoria ft Kastcrn... 23 ti
. . Pere Marquette .... 39
B Pere Marq pf 7254
B Ptc Marq prier pf 81 54
3 Philadelphia Ce.... 42 56
2 Phillips Pet 49 ti
.. Plerco-Arrew Moter 12 54
. . Plerce-Arrew Met pf 30
.. Plcrce Oil 7
2 PlRgly-WISBlyStrs.. 42 54
6 Pitts Ceal 67 54
.. Pitts ft W Vn 41 54
14 Pend Creek Ceal... 22 54
B PeRtum Cereal 91 ti
.. Producers & Rcf... 42 li
0 Tub Ser Cor of N J 92
8 Pullman Ce 124
.. Punta AlcKre Susrar 51
2 Pura Oil 30 J4
8 Railway Steel Spg..111
.. Ray Cen Cepper.... 16
4 RcndlnK 70 54
.. Remington Typevr. . 36
.. Rem Typew 2d pf.. 67
.. Repleglu Steel i3
.. Repub Iren ft Steel 74
.. Republic Meters.... 3
.. Reynolds Springs.. 291i
3 Reynolds Teb n... 40 ti
1100 4.13 Reynl Dutch N Y... S5'4
1810 ., St Leuis Ran Fran. 3174
330 .. St Leuis S Fran pf 54 74
2700 .. St Leuis Southwest. :5
200 .. St L Southwest pf.
100 .. Sa.iic Arnia
400 .. Seaboard Air Line.
200 .. Se.-ib Air Line pf . .
530 .. Senrs-Reebuck ...
100 .. Seneca Copper....
200 .. Shattuck Ariz corp.
310J 2 Slnelnlr Censpl
2830 .. Skelly Oil Ce
100 .. Sless-Shcmcld of. .
200 .. Se Perte n ffurnr 2?l
12500 6 Southern Puclfle.... l'4
5400 .. Southern Rail 27 54
2030 .. Southern Rail pf. .. 63
600 .. Splcer Mff? 20
42)3 4 Standard Oil of CaI109
333 6 Standard Oil of N J186
103 7 Stand Oil of N J pf. .,117 54
300 3 Stewart Warner Spd 45
40J .. StremberR Carb... 53
3100 10 Studebaker 127
103 .. Sub Beat Cerp.... 6
400 .. Superior Oil 6 54
933 ., Tcnn Cep & Chem.. 10
4030 3 Texas Ce 48
230 4 Texas Gu'f ft Sulpll 50
3200 .. Texas ft Pacific.... 33 56
9)0 1 Texas ft Pac C & O 26
100 .. Tidewater Oil 127
1600 6 Tobacco Products.. 56 74
800 .. Tobacco Pred A.... 8154
100 .. Tel St L ft West.... 54J4
2100 .. Transcontinental Oil 14
400 6 Union Bag ft Paper 72
1200 .. Union Oil 20 6
3800 10 Union Pacific 150
200 7 Union Tank Car...1C0J4
100 .. United Drug. 62 54
103 8 United Fruit 149
100 .. Unit Rwy Invest nt 3154
200 .. United Retail Stores 70'4
203 .. U S C I P ft hay.. 35 te
400 ..US Feed Products. 0 76
700 ..US Ind Alcohol... C6ti
500 .. US Realty & Imp... 7314
1200 .. U S Rubber 58 74
200 ..US Smelt ft Ref.. 42
13700 BUS Steel 10414
503 7 U S Steel pf 121
703 2 Utah Copper 67
100 .. Utah Efecurltles. ... 17
33C0 .. Vun.'idlum Cerp.... 49
300 .. Va-Cnr Chemical... 30
100 .. Vn-Car Chem pf... 71
100 C Va Iren Ceal ft Ceks 5514
000 .. Vluideu Inc 11
19)0 .. Wabash 131$
5300 .. Wabash pf A 35
700 1 Webcr ft Hellbrener 12
230 7 Western Elee pf...107
2533 .. Western Maryland. 13J4
430 .. W Maryland 2d pf 23 54
630 .. Western Pacific 19 54
100 7 Western Union Tel. 109 54
1000 4 Westing U ft M.... 62
1403 .. Wheeling & L D. . 14
100 .. Wheellntc ft L E pf 27!i
200 2 Whlte Eagle Oil.... 26
100 4 Whlte Moter 40 y,
800 .. Willy Overland .... 7
200 .. Willys Overland pf. 40
100 .. Wilsen ft Ce 45 1'
500 .. Wisconsin Central.. 31 54
1300 4 Werth Pump ft M.. 46 54
1300 1 Writfht Aere 10
Lew
57
1754
163
134 54
E6 54
82
37
3014
6314
19
19
173
1914
1714
29
1274
3514
67
1114
10 54
4314
22
57 ti
2374
10
16 54
50 54
103li
13
4
16 74
7174
74
98 54
90
90 54
31 li
26
110
7054
45
8314
10
2
19 J4
140
11 14
7014
t6Ji
74 74
71
4674
7
92
23
39
72 54
8154
42
49
1254
20
7 54
4214
67
4014
22
GO
4114
92
123 54
50 74
30
110
1614
76
36
67
32
74
3
2914
49
54
3154
54',
34J4
51
13
7
12 14
91
11
9 54
32
10 54
75 54
52 74
13
26 74
6214
20
1C9
166
"7 54
44 76
52 54
126 '4
6
654
10 54
48
49
31
25 54
127
16
8154
54 li
14
717a
20
147 '6
100 54
62 54
149
3114
70 54
35 56
814
CO
73 !4
E8
42
1C3 54
120 54
66
17
4854
30 54
71
55 54
10
13ti
34 U
12ti
107
13
22
1B54
109 54
62 ti
14 ti
27(4
20
48 54
7
40
45 ti
31
46
0 74
Today's Nt
Clesa ChRf
0
1714- ti
163 b
134 54
56 56 14
82 1
37 74
40 2
6314- 14
19-
19- 54
173
20 r ti
17
29- ti
1314- t4
36
602
1114 ..
10 54 '4
43 14 Vi
2214-
0 V 1
23 74
11
16 2
i9!i I- 3
103 54 114
14 - 1
4 ..
17 ti
72 54
74ti- 54
99 la 1 54
90 - 1 54
90 54 - 54
3174 I-
27 54 li
110 V 1 14
ye 14
45 54
f5 1-1
10 1-
2- 'a
19 74
140-1- 54
11 ti
79 f
!6?i 1- 56
75 (-
71
47
7'4 I- 16
92
23 54 1
39 56
72 54 r 2 54
81 14 ti
42 '4
49 54 ti
1254
30
7 56 ..
42 54 ti
67 54
41 54
22
9tI4 f- 54
42 54
92 14
174 7a
51 -
30J4 ti
111 2
16 '4
70 V?
36 - Ji
678
32 54- 76
74 14
3 ti
29 54
49 56
C514 ..
31
54 74-r 176
.5
51 54
13 1J4
7 54
1274 ti
91 -
1 1 . .
9 ..
32 ..
10- 54
75 54 f- 2ti
E.2 76- 54
S4 1 54
27
63 1
20 -
1C9 f- 1 54
If6 -1 1
117 54 ti
44 74 - h
52 54 - 54
12754
0- 54
6 54 f- 54
10 14
'814 1- '4
50 i 1
32 54 1
Sti- 5i
127 f Ji
6 76
81 .
54 14 h
14
72
20
14954
100 '& -
82 54
149
3154 r
70 ti -35
54
Oti
6 73 li
58 -f
42
103 74
121
40
30 -
71 -5514
11 -1314-3474
12-
'07 .
1314
?2 r
1954
109 54
62 .
14
2714 T
40 54-
7
40
45 '4 f
31 56
46 54 -10
2
H4
ti
'4
54
54
1
ti
1
h
' !4
54
Iti
14
' ti
14
la
154
54
BRISK TRADING IN
THE LOCAL SHARES
Interesting Position Reached by
the Public Utility Shares
During the Week
COMPLETE NEW YORK BOND TRANSACTIONS
LIIIKRTY BONDS AND VICTOIIY NOTES
Rich
lnv.ne
iui 111
101 ni
101 an
HKI.M)
100 r, 1
102 no
101.78
mi II)
int 00
Kin se
let DO
inn e
ini se
101 112
lOO.PS
10000
Unfile Slnce Date of Issua
Dnln
Mny 2- 'IS
Aim. 1, '22
juiv ?.-, "M
Lew
80,00
Ml. 14
R3 00
;,Arn Itcp'e fialD can
1 .. h -....
2 .... M
kArKn riep'c 7s
10
.1.
1.
(1.
10.
IS.
1..
2..
2 .
City
10 .
in
1
ions
. . ion,
. . 1001),
. . 100',
. . ioe
.. ine'd
. . 101
.. 100 s
.. lOII'i
.. ine'
Jlcrnn An
. 114
. 1 1.1 '6
City of Dcriren
8s rets
4 ... 110
2 ... 110
2 . . 11IH
1 ... 110
1 110
Cltv rierd'x rti
2 82
Cty Chris a 8n
2 .. 110
il . H0V4
City of C.epen-
llRKCIl Cil!
2. fil'4
2 ni4
Linns Oh
. . V2i,
... 82U
.tftlH H II
. 82 i
.. 621J
City of Mente
Mee 7a
7 . OVi
3 ..01
Ci nin 'I" J.i
rnrle 8s l
Cli
1
Ctty
1
1.
Theie wns nn iineetnmnnlv brisk Inrnl
market tedny cenMitrrlng the hnlf holi
day In mld-AiiKiist, nml vhlle there
ttere no speetneulnr features the greater
part nf tlie list moved steadily upward.
The riilladelphln Klertrle lswues repeat-
Iiik III'' dally perferinnnre moved up
Inte new blch itreund. the common
renrli!n .'121. nnrl the nroferred !l-"s
Meit nil the public utility hlinres,
however, showed a stronger tone I'. U.
T. after dlpplntc te .TJ"f went hack ,'
.'iU'i. l (J. I. hlmwed n Mibitnntlnl
frnetlennl pain nt ".2. as did Thilii
delnliln Company ronimen and cuinulii cuinulii
the pfd.
I'etinsjlv.'inin Itnllnud following the
lmeM unit inll In the New Yerk innr
ket Mild up te I", the top price of the
week. A broader market prevailed for
the lIi'intliiRdnn Ilrnnd Tep hliares with
tlie common and preferred advani'ltiK n
point. West ,Iercy and Seashore en a
small turnover also ran up a point te
:S TraditiK wm t.v light in Kleetrle
Stnraire liattety which chaded t li,
wbiili, liewewr, was only ' point
under the IiIrIi record prire made this
welt. AtnerliMii llailwies continued tn
be picked up iirnunil li".
If the mining week recistcrH the pars
ing nf both tie coal nnd rail strikes,
as predicted, the nppre.iching fnll ea
son will open with nlinest 11 c!eudli"-s
market f.t. Ter (.nine time back n
geed denl of inlsHienary wink has been
put into execution te encourage senti
1111 nt in the belief of a big bull market
In the llnal quarter of the calendar year.
Acceidlng te the character nf the lit
erature, virtually all the ways have
been thoroughly urcascd for the launch
ing of the M'ceiiil etags of the bull
market, which irtually Unrted this
v ,w.if ,1 fiii' unit with ittc I'xci'immi , r.c,A
of the 8light biifkbet the rails had last cty nin ri ja
Dcii'iubcr, thcry has been nlinest an norie et p
unlnteirupted climbing of market values 1 .... 0!)
f,,, vifttlnlll lui'lvn tnntitbs. .... 98f&
m.. ..c .!. 1 1 .1... ., .,,. .ni Cly Hne 1'uule
.llll'l ,11 1111; 1...,, rt.,..... .... ...... ,
at the highest prices they have rc.i(hvil
in a iiuinber of joins, t-everal at the
top notch of their hlstnrj, nnd jet lliere
are many who inuiiitiiin the cenlidciit
belief that, instead of signaling the ap- I
preaeh of the upex of the bull move meve
nieiit, 11 number of the local hIiiiics uru
lioelvid te well at much higher prices.
IntiiiintieiiH arc lieurd that, with the
labor troubles out of the way, 8eeral
important plans which hnc been under
ceiisidi ration for some time will lie
speeded te perfection. Tlry will, It is
stated, be f.ivetnble te htockiielders, in
tliidlng, in Mncinl instances, n generous 1
stock dividend. Anether will inmpri.se I
a leliiiunclng plan 111 which nNe the
piesent shareholders will be materially
benefited. Included in the giabb.ig are
two well-defined lueinises of 1111 increai-u
In the dividend rate. .
A ery Interesllng market position
wa cstalilisjied this week for the e-
called public utilltj slitiii's. The 1'liil
nili'lpliiii Ijlectilc 1-siiiw, common and
preferred, l'liiliulelphlii Itapid Transit
and Philadelphia Cniupniiy ." per tent1
prefened all cemnuindcd lrtuully the
same price. The iliffeience in dividend
return makes the selection rather dlili- I
cult. The I'hiliiili'lphm I.'lectiic i-sues I
pay S jier (ent 011 S'Je, or $2 a je.ir. ,
I U. T. pajs (! per cent nn ?i0 nnd
returns S.'i, while Phllndeliihia Cem-
pany prtteneil pins 5 per cent en S."0
nnd jctiirns $2.."0 a year. I'nlen
Traction, najlng the same as I. it. T..
sells nt -I04. II. !. I., paying only
1 per cent, or S2 a jear. sells nt ,V''...
American Hallways preferred with 1111 '
ncciiniulntiiig diidcnd te he paid some
titae, sells nt CO.
July 2.1. '22 83 se
July 21, "li 81.4(1
July 2.i, 22 81 Ml
JlllV 1 I, '22 00 00
July I'll '22 84 00
July 2$, '22 81.00
Jllty 21, '22 81 10
July 21, '22 83 Ml
July 20, '22 8.1 r.e
July 2.1 '2J 82 II
Julv 27. '22 82 14
July 20, '22 82 nn
Mar 20, '22 04 70
Apr. 8, '22 04. 08
Dittl.
June 2, 21
July 11. '21
May in, ,'20
Mny 10, '20
Miy 20, '20
Mny 21. '20
June I, '20
Mny 21, '20
July :iO. '20
Mny 20, '20
Pi-c. 23 '20
Dec. 20, '20
May 10, '20
Mny 20, 20
May 20. '20
Mny 20, '20
Mny 21. '20
ItatiKO
ItlBh
101.21
101.01
101.08
101.30
100 80
100 r.4
102 00
101.78
101 40
101 00
100.80
101.00
100.8a
101.80
101.IIZ
100 08
100 00
'22
Lew
04 84
04.82
nn 70
07.80
HA. 1)0
os no
08.00
nn 00
0.1 80
04.18
US. 08
110.74
04 72
05.811
llfl 70
100.02
00 84
iMue
Mberly 3U. 10.12-47
Liberty flV4, rricltrer1
Liberty Int, CV 4 1032-47 .. ,
Liberty Int ev 4s re . . .....
Liberty 2(1 4a 1027-4 J
Liberty 24 4a rac
Liberty let 2d cv 4U 1032-47
Liberty lat cv 4V. 1012-47 ...
Liberty let cv 4. r .......
Lllwrty 24 ev 454a 1027-42 ...
Liberty 24 cv 4 We re
Llberty 34 4 Via 1028
I.lhertv 34 4 U a res
.... ., ..- -,'t, .;;nm --
1 u a urae-na
HlKh
100 01
iui 00
ioe'io
ioi.ne
in 1.00
100 48
Lew
100.00
101.00
io6.4e
100 co
101 00
100 42
Last
100.08
101.00
i66.4e
.. '-sS
Ch.
.
. . . I
100.00
101 00
100.40
100 18 100 41 100.44
J.uieriy 1111 i -, (
Liberty 4in jt
11'
Victory 4Mb
Victory 4is
1122-23
101 08
1O0 00
100 74
101 02
100 1)0
100.72
101.02
loeon
100 72
. .
..ii
.03
,'ei
.04
ea
(SALRS U $1000
VOKKK1N nONTJS
Sa wl
1 1004
City of Sola Sela Sola
Feni Cs
Sl'i
Teklo Oh
... 72S
Zurich sa
.. 114H
. . lim
.. 1114
. 1M
.. nn
C7Tho.Slevak
Hi-p'c 83 w
city
1.
City
Id
r, .
4..
0 .
1..
0..
Dem
2..
Dem
62 wl
oe.
, .. 09
. . enH
. 00
. .. 004
. 004
Ilep'c 6
. .. 01
Republic
ct C!il
4 O0
Dutch n lnd
rrts '47
1 or,
(llealc) 0.1
1 054
1 Ii1
2. .. 014
2 . . IMS
.1 .... 01
2 0.1
Dutch 12 lnd'a
rets '02
2 ei;
2... . 04 4
. 0,
. nil.
Trench
3...
1
Oee't
II 74
ft ..
I...
1 ..
1...
1...
n...
.1.. .
1
1 ..
10 .
r,ne
1..
r, ...
1 ..
1. .
"(Hale)
1..
Jnt
1
rcti
.084
. 084
. 08
. OS'.
. 0S4
OS 4
. 084
li S
. 084
. PS
. 084
fis
08 ,
r n 8'
let
101
me 4
101
1004
1004
lO04
101
1014
1004
K104
101
Cne't 24
01
n.
1.
ii
13.
4.
1 ...
0
1
12 . ..
1 ...
1 . .
'i
Oenni.irlc
ct A Ss
3 ...
014
0I
;n.
0
0.1
0.1 4
OH,
0.14
Cen
1104
Jnp Cieven't 4'
8 . .. 70S
10 704
21.. .. 704
K netslum r.t
10 00',
10 . . . OOTl
1. .. ion
1.. .. 00
K Ilelc'm 7"
2.... 1044
I 1044
1. .. 1014
1.... 1044
.1 1014
Ktnirilem Den
mirk (Is wl
1.. . 004
2 .... 0O4
1H4 2 . 004
3 . . . 1 104 iKIns tern Den-
Denmark Cen mnrk ct
ct II 8s
2.. 11014
1.. 1004
Dept Peine 7a
1 . . . O'l
I 00
2 .. . . en
D ( anadi '20
1.... 100
V Canada '20
1 . 1"24
1 .. 1024
1 . 1 02
1 ... 1024
'i . 1ii24
D Canada '31
2 77
10 774
7 374
r, 774
2 .... b
10 .... 4
10(aa1e) 714
2 .... 78,
Prague, ct 74
2 824
0 .... 824
10 824
1 084
7 . .. 824
10 . . 824
Queensland !
1 . . 1024
3 . 1024
5 1024
Queennland 7s
1.... Ill
1.... Ill
Republic Uell-
vla 8s wl
1 .... 074
1 074
2 ... 074
1 074
4 .. 074
. . 074
10... "74
Hep Chile '2fl
t 1024
nep Chlle "41
.; .. 1034
I.!.. 103 4
;ep Cill'i '4!
ft ... 1"
7 . 1034
Ilep'c nf Uru
guay 8
1 . . 1044
State Rie O'9
Du Sel 8s
3 . . nn
J.!... 004
Pe 'lorte T. H
7a rets
ft.... 1"24
SwlU'd dn js
r,.... "
Philadelphia Stocks
1
10
n
1.
ion
100
inn
100
4 .. 1104
Iv of N'ethcr
lnnils 0
.1 . .. or,-,
T(Jialc) 004
2. .. 07 4
1.. . 014
7(aile) Oil'.
1 ... 07H
KlnKdnm Nor Ner
a it 8
4 111";
1 .1114
I 1 .1114
3 . 11J
K Sweden Ms
2 .. 1014
21 let'?
I'nrls-Lyens M
Us wl I
2 774
n :..
1 ... HnTs
2 ... H"4
2 .. 11""'
3.... l-
0. . n04
U K Ort Urn
& I'd 1022
0 1004
10.... !"'
n , 1004
ft ... 1004
in ... I"04
U K Ort llrlt
& I'd 1020
12.... 11"
ft ... Hli
1 . 110
0 .. Uft4
O K Ort Urn
& M 1037
1 104 4
it s lira 7 wl
0 n
1 024
O. . 024
1 ... 0J4
3 . . 024
1 . .. ''-4
7 .. 024
r 024
1 024
3 . . 024
t" . 024
.1 .. 024
t-n'il S nr-'-ill
74 H reta
(1 . . 8 14
ft... . 804
0 1 7
3 h4
1 .... f-14
1 T
1 ... 874
1.1 87 4
U S nra7ll "i
1 ... 1014
1 . . 1004
7nle) 1H04
1.... 1014
1 10m,
10. .. 1014
1 1014
Wet
che
1
t)011lTIC IIONDS
Kr'e A Canad'n Nthn
f,
1(1
111
-f I
1
-4-1
(lSi
K7-'s
7lia
12
12
7s
:i2';
Hit's
271 .
1 1 -f-
:t7'..
iit's-r-
m
-n j..
.T . .
l'-,,'
li'J'j
!!2 4-f-
:'.
!i:tiH-i-
271 .4-
FOREIGN EXCHANGE
New Yerk, Aug. 111. The maiket
for foreign exchange toady relleetcd
further eu'liing up of Fpeculative ac-
ceuntH at the week-end. I'rofeienaN
necetinted for the greater pint of the
business. AVItli one or two exceptions,
covering of short exchange caused net
lAgaiiiH en the day. laiiglng from 1 te 4
points, the last In francs. Sterling was
i lidit shade above jestetdaj s eles ng
i-ures. but showed n decline fien. the
reeent high of Hs cents. The under-
tone cotinnuee ""
tli
ii-
rciiclied tlin
( ) ear. S!,,n... ,,,. i..
sin ..I.I. .i . ' iiiiiiK'l
"'in uie ninir trnnlil. .. ....
.!,..! .. Iltl tllrt PAAAf.
He C ans Hvmpiiiiii"-" ,"" ;
crv In rrencli. iiltlieugh te a less ex
ulu T-ire ki.Iii.m1 wl n Ittle less
h ni a point. 1".'r M -' V
"iliiwl and mi i-fliml iinpreveiiient was
"'"".. ni, ..ml lliite i. The hist
riiii-ii it mi -- ....
mtTitu;;tlL,,,,,,x,,octe,u''
DIVIDENDS DECLARED
On en:i m- , -
r.K '!'.n . ,n ,?l,l ".' il !:'r"?..'".erly
Mi! S '""'uiiir
30 le
" ". i"ei rieii ny.
tuck of ii'iunl An.
24 Tr ''''," .Mmierurh Cm,,nj ,rterly
.i t'-i'V,ic'7,f7:eV.;T,!yli:lhir''eu
'ter -'() l0 "'eeh of record 8e1.11.111.
sent eil ny
in r n
tier
i
dosing at ."".
Quotations vere
. IL ..I li. I. Il 'M
i (n, rii'J -, .,',.. ,.,1,1-j 7 H7
T ! 1 ' i . lie in I II 1 1 i ii "" " , ',
nrntieued continues , te show strong ui
erlllns 8ti.pit. Mai Us failed te fall
e l'rldnv's ixtic.iie low level. .).,
Sterling cables,
funic ciuiies i m
p heel . 7.WVi Hr cables I WIV,. checks
"f Swiss c.lbles 1II.0S. cl.e.'ks
in !nV'iesetii cubels 1,1 01, clucks l.i.HJ ,
11111,1, 1" i" ' ' ",,. ..,, ,,,.,,j l r.7
iinnikli c.i hies 21 II-. cliecits .
rwnj'cnh'- 17, W. rljk- 17..-W :
nil I 114 ll ,1.1. I Hi I tn -,. w ,
checks
HS.lls,
IJS.iKJ ;
siui'ilish
enlliler cables
minks. .OS.
Centrill i.iirepi-nii "'''"""
I ,,..,.! Inm ltiinianlan was
.-" IIW1UI I 111 I L ll ...... -
ifflC0K -f'"'"" "-'"'oeratlon (,inr- noted at .70; Creeks at It. 2.) and
f''.ItrPoMrlpnKnM7rchSe'a,vlr,T,;Rfor Veil o-Shiveklai. B.US, the last within
'vT0W1AB'!'rc"CeVSrrc-XiWb8. h'p- e St i of the recent high. Finnish
thkii. "'',uany aividnn r no continued firm, Other quotations wcie:
i:n n .. . .. . . . ntr ."
Wsftsri; BTii,i"DUrCT. , "re.a Company
.l'tcr;,i aVi,uiI si:" "-"""""r v
I'ellfh ,(li;tS: rinuli.li 2.1."; Austrian
.(Mllh; Hungarian .Oil1),.
The preinliini en New Yerk funds in
Montreal today w.ib unchanged at fi-H2
per cent. The dlhceiint en Cn
nnilinu funds In New Yerk was bllghtly
lilghcr at "i-:i2 pei cent.
VKSTIZUDAVS CI.OHl.Na QUOTATIONS
Hterllim- 1'rnni.H I.lre Oulldira
p.-mnnd . . 1174 7 0i'a .1J, hsim
e iblea . 4 7 OH 1.S2 4 " "0
TODAY'S OPKNINC1 CJUOTA'I IONS
Btrrllntr I'rancs I. lie (lullders
4 47 7 lis 4 ft!4 JiOO
.. 4 484 7 !H4 4 SI 38.03
I I.OSINIl OUOTATIONrt
Kterllm; 1'ranca Lira Oulbleis
Demnnil . 4 174 7 Oil I .134 31 'Hi
Cbl.'s 4 474 7 H114 4 54
Demand
Cables
38 03
GRAIN MARKET
Wheat
September .
I i (umber ..
M.11
Cern
September ..
I' rember .
Miy ....
iiiile
.si pii'mbei . .
December ,.
Mny
I'.ik Nit
1.1 rd -s.
pit'inber .
Hi tuber
ItlliH
.si 1 teinbir .
iiiluber
Open HlKh Lew
lis
1 no',
1 034
1 00
1 ei4
1 ftl)4
1 neu
1 014
1 0U4
. . ftevi
. . ft34
. . ftd4
3114
. . .134
. . 304
iiueteil.
.10 13
.10 51
B04
r.34
.1(14
.104
3.1 4
30
.184
ft.'4
f.04
nn4
324
.104
Clene
004
1.004
1.00
no 4
r.34
fid 4
304
3.1
3H4
10.30
10 37
10 11
10 ,13
n.73 0 73 0 72
in 30
10 57
It 73
0.10
RAILROAD EARNINGS
Ni:V HAVKN
111 .'
S30.3I1 JS1
4 llilil CIS
II, 41H "17
Urrma ,.
Net nftir laxea
Total Imoine
Increase
JI oil 0(17
4 :1.1s '.s
4.200 031
BAR SILVER
" eniitlnucn lirm, uiner luumuuiie nnii 1 ., i imt...
ay, DlS ;05i'n"urnl,V7(i Sl?U SSSw'cf ya
1.10 ; Q reeks 3.25 ; Juge81avlau .20 ; the price wa unci
tlAmMilln bar nllvee u-n. tinebunireil In
New Yerk iedny at 094c. per line euncti
i, a leaa 01 no. tn ijonaen
uncbanged at B44d.
NEW YORK BANK STATEMENT
Illkh LOW CInie
110 Am Itw. 1.i 1 l's 1 l7s
7." Am S & C 17'i', 17' 17'", -f-
lOOtAm Sugiir Kl7s M7s M7..
lOtAm "Weel. 027s 0'27, !)27s r
l.-.in ie e .. .is ns ns
10 iti ill .i c. no .-ii .-,ii 4.
KltCalif I'd. 02is (;2-is 02-1; f
IKIlCMStl' :!2'. :!2i HS'i. .
mi de prcf.. .'l's -l!l!1s r'l's -
l.'lO r.lec St-r -i'.l'i 111 111
20 Krie Light
pref 2.-.'i 2.-i. 2.-.!...
lOtfien i:icc.1s;ij isp.i . is.". i ...
UtC.i Ner pf. Ill 01 01
100 Hunt It
Tup O 0
100 de pref.. 10 10
111 de pf t c 10 i7v;
r, l.eh Nav. 77 77
a." l.eh Val.. OM't
riOtMalllnsen .'t7r's
JOt.M Sta (HI l.'iU
20 renn Cent
Light pf. 53
1130 Pa it 11.. -17
8 l'ennii Salt 7!Hi
Ml I'hlln Ce.. 42 Vi
"ui de pf Ti p e 3!'.
300 de cum pf 42 Vt
Ml.-j I'hllii Klec 323',
21i,-i de pref.. 32-ii,
23.-1 I'hlln It T 32a
7Htendlng.. 7h
20tltiph Stl 027s
2.-.tSeiitii I'ac il.'lH
lOtSeu ltivy, 27' j
netStudi'bkr.1207; 1207., h.'(j7l
2.) I nlenirac -1114 -if - -jiii
mn it fi I rvja., ri'j r."
Ill de pref.. riH
lOtC S Rub r.ii ,ris'
10 V ,ervcS. 3S ,",s
tNet rhatiKO nude bv i-cwnr irlmi lth Let
nil. 111 New lone siniR i;ibiini;e,
1 Total Mien, HOii hh ir 1 miutre,) with
,6K7I Hlmii'3 M'ntcrdav, Tims fir thin week.
42 031.
i'iPLni:i.i'iii iiends
Am n
Chm 0s
2 ... 100
Amerle'n Smll
A Refe ."'s
ft 014
1 . Pi'.
merle.in Sue
HefB 0s
04 s
rcta
. 112
. 112
. 1114
014
0.14
03 4
034
034
0
V Tel ft
3
1
Camillan N 7siChlI Cep'r
1 . . 111 I 1 ... 10.1 t
Cana n I'ae l Clnrln Gas 5k
2 . . . S04 I 2 ... US ',
4 . . S04 C U L Hi 0(5
.. iii'il 1.... 100
SO 4 Cl'd Cln Chi 4
rac let, st Leuis s
.. ooh 1., . 1021,
, . 004 C!eel'd Vnlun
00 , Ter'l 3 4h
IM4
10 14
M.14
10 1',
ini
Tel "
'l'4 Cen'l Pac 34
'Ctnt'l
ft..
3..
r.i-i; r.ri.
:;s 4-
A Tl t T"l il
23 ... 1104
1.. . 1H14
Anvr'n IVnter
Works 5i
.1 .... si 4
2 814
Anten Juritens
V Marc IV fli
10 814
le .... sl4
2 .... 814
Armour lH
.1 . .. 014
2 (12
2 .... 02
A T 4. S re nj
ft se
4 0
A T & S I'e U
1 . . 01 '
ft 014
A Transeentl'l in .
Short L in
.1 .... "4 11
A Const I. cltl 11 ,
3 .. . M4 ! -, .
Atl'e Trult 7h ,
fl . . 34 Chl St
At'.-intle Jtef'K, 12 . ,
3s wl lent &
2 .. n4 1 .
Atlantle Hef'B 1 .,
et 1)4 s 21 . ,
ft. . . 084 1...
L IV .1Vni U
1" is 20
llhlii r cm
8'1 , 21
4
02'i
02 'i
Cern de Pas'e
Cep'r 8s
1. .. 120
1 ... 120
2 . . 12iV
Ches &. O 14 s
1 00
1 01
C & O cv 44 s
.1 .. 01
Ches'e & "
I
cv
12
1.
r
1 '
n
10
4
& e
I.xcees reiierve. ,
Afc'Bresate rns .
I.eniiH, etc
cash In suits &
member banks .
Hesra In mem
ber banks an,t
resirve banks .
Ituserve In State
blinks anil trust
companies . .
lte.sne In State
banks and trust
company depesi.
terlea
Net demand da-
AvnitAei:
This Week
Last Week
1000 Hunting & llrd Tep fis.
2000 Kej stene Tclepliene ,"is...
TiOOO I'hlln Ce con 'ris
KiiM) rinia 1. metric ist ris
i;ii'ctiic .1' ,s
m'. AAV Al'.a ll.002.tile 1:1000 I'hlla
Bi7.5i4.ebb 4.02i;275:!!!!;! 1 7000 i;hiia i:iictnc os...,
IUI.IO 0IUilirvii-.iin-i iiiiii iin
53,774,1100
51.1.707.000
7.171,000
0.23,1,000
5R.320.OOi1
nl103,00i)
1.000
O.277.O00
TYm ,rt.pe,i,i: : :a-gSiS:535 SS,1 .;o3.in.neo
Circulation .. . 33 Sole 10 45J'5 !?"'"
'U S. detiOMli.
deducted
Excess reserve .
AircreKate reserve
Leans, etc., , .
Cash In aults
member banks
ltesern In mum
ler hanks and
leserve banks
lti'sern In Stule
bulks and trust
companies
lleneim In State
bunks and trust
crimp my deposi
tories . ...
Net demand de
posits ,
T'me depehtts. .
Cln illation
It S depeBlta
deducted . .
33.807.000
50,330,000
ACTUAL
This Week
48 fl'ifi ann
fttlT 4Sd OOO
1.002,730,000 4
33,701,0110
00.021,000
Last Week
.50 00 1.0 Je
"ill eau ime
50ll,38S.0ue
53.381.000 65 n00(l(m
550,005,000 331 003.000
7,030,000
0,7,12,00 J
3 830. si7 nne
BIO 4112 OllO
3J, 778. 000
7 117 OOe
0 141 Olie
a'Si'l 721 1
5"3 11' 1 n, ,,
38.773 en,)
73! &
M)
Ml
100,
ini ',
ler,
1 ini
1 1111 ;i
Tlal I n
1
Hair t
1
10 .
1
S7V,
s,1
8')4
Unit Oh' . li
1. ... M4
1 . sil4
lla'l S. Ohie .is,
1 .8041
81
cv n
. . 00 ',
.. 00 4
.. 014
.. 00 4
.. 004
. . 00 1,
.. O'l", I
. . 004 I
.. 00 .
. I'O
.. 004
tni 4
. 0'4 ,
Alt II 1
.. '.' 4
Alt 34"
.. MS
.... ft14
.... .114
.... ftl'i
U 4 O um
.. 014
11 s a 11
... 1014
1014
4
1
1.
1
e
Co'e
1
Cole
ft.
Cel
1..
4..
2 .
ft..
I..
1..
n..
ft .
ft .
1..
4 .
ft.,
ft..
11.
c t n n 11
Total, J2O.00O. compared ulth $n i:,d ,,.
terdi. Thus far tins .ek $.'13 1100,
Reserve Banks' Discount Rates
Official rndlscmnt rites at the twiive TmI
eial Hsere
Uanku are
Ti 1 .is.
ctfs.
as fnllnns-
1 lb
1.
Unit
I
1
10
U 4
A W
3
. . 804
4 Ohl" 'Is
,.. 102
. 1"14
102
e r 1. i"
Va 4
24
llosten 4 4
New Tork I 4
IMilladilpbl 44 14
I'liwUnd 44 I',
Iti hmend 1,4 4 4
Atlinti 14
1 'bunce 4 4
HI .euirt 14 4 'j
Mlntie.iP"ll ),4 4 4
Kansas Cltv 4 44
li.iUas .... 14 14
bun 1'ranclscii. . . I
iSVSK: --r3
4
14
44
44
4
44
4 4
14
44
14
1
4
4
14
14
14
vt
rl
4.'i
44
BUTTER, EGGS AND CHEESE
Ni- lerk. Ann 10- llfTTrn -I'lnn Its.
celpis 11 CT 1 tubs guotiuiepM umhinnd
i;C,(lS Sleidv lteielpts, 20 7 1,1 insei
Ou itntlens un hanir 'd
Cliri'MT SleiH lteeelpt,, n.in jn, B,
Queiatlutis uiul linked
COTTON MARKET
5s, ion een ni 2,iSO00
BANK CLEARINGS
llnnU elearliiiis today compared uiih cer
leauundlnu iia last two ear r
n!"y::V Sh'.bomSe ""-.'oeo ti.e":uq7
Iloetei". JOIOQO'.OOO a,V7V.3s5 8i.V2V.ii4
Chleage 70,000,000 ....... 1 ...i.
n, Yerk eu,6ou:eoo :::::;:. : ;. ,: : : ;
(Vt
Dee
.Ian.
Mar
Ma
hi'
Pre Clr.-e dp 1
1 en
21 HI
21 5 J
21 HI
1 111
JI 01
21 ill
21 17
21 is
21 in
'I 22 70
lllnh
2.' 4 7
22 II
22 23
2 J JI
22 10
1 en
21 '.Il
21 ill
21 ..'
21 IS
21 -,3
1 'le,e
2 J l.'Ti 17
2 J 12 11
2. 20 11 2.1
22 20 fj J3
2 J 10
10 04
11 A O T"l 4
2... . 71
Hell Telephone
of I'a 7s
j 10t
l'elh Steel fl
'j c" j
It Moel CI "
e ,. 014
1.. 03
lleth bteel 1I1
Il L. 1004
Ureid'y (
Asa en
1 70 4 1 2
2 7'1'i 1 1
2 . "04 10
Iil.11 1 dl i-'i D 21
! 1.. 1024 i 2
. llkn ltup T islChlcime Mil
1 I . . 08 4 St I' tV Is
I (1 .. Os'J 1 77
I I', n lt.ip 1 -, In 77 4
10 s24IChl ft Nwn mi
11 . 814
3 . .. si4
Chl (. Ci W
li . . 00 v
1 1 00 '
ft . . 1104
2 01
i-hkatfe Mil
St P d Is
1 .... 07 4
I . .07 4
Chtcnue Mil A
St T Is '2.1
1 .84 4
I ft ... . 8 1 4
10 .. . 814
8 . .. SI 4
. I 4
21 M4
Chicago Mil A
StP cv 44 s
0 714
2 . .. 744
ft .... 74 4
I ft 714
.... 714
2.1 .... 7ft
1 .... 744
10 .. 73
' 1 ... 714
ihiChlcnite Mil A
SIP fd 44'
074
07 4
0s
ns
iu.1'1
1011,
ie:.i
10-,'J
10.14
S'n 45
. 01
S 44 s
.... 014
Indus' I Sa
.... 81
.... 81
.... 804
.... 81
. ... set;
.... 804
. . . . 80
.... 80',
.... 704
70
80
7'i4
704
70
70 4
70 4
704
704
70
Cen'd Ceal Ce
of Ma 3d
2 014
1 01
4 .... 01
Cuba, Am s Ss
2.... 107
Cllha Cn S ev
I 1 804
'Ciihi e Sub
8s sta'd
2 . .. 02
2 . . , 02
Cuba n ltd fts
3 . . S44
Cuba KU 74 s
1 inn
Del d..Hul ev
... 0s4
Hud f4s
.. 1014
102
A It (I fl
... 4rt'
... 47
A It (1 4s
. 78
Pet Kill .Is '40
1 004
D"t U n 44s
.1 81 1,
2- ... 83l4
2 .... 834
D ds Nemours
Pwdr 74 s
1 ... le;
2 ... 1074
Dun Light (Is
1 1044
2 ... 1014
Empire Oas A
Ful 74s
4 ... 084
8 . . . I1S4
ft Iis4
Hrle Clenl I len
D i.
I..
1 .
Den
1..
B .
Den
ft
Raw Silk
Veu Vers. u I''
I'rlees pe pi nt 1 1
nrnrka $7 filUi , 70 U
7ff7 20! Kansal. N 1
Bhlnshii. Ne. 1, tl !10n.01i Canten eJtras.
A 14-10. 7.BBO7.70i Shanshal-Chlna ateum'
ni eia aoueio user, o.-ewo.uu.
Easier
Imv s k eas
.s.il laiible e m
naal bi'st Ne 1
1 til, JU,0.1B7.1.1i
I IHn V Oas -t
1 1 1
IUI
tltllfnln P s'll'r
. .' I It 4
ft 014
Hush Ltd 8 fts
1 01
t4 tt
I S.
89
M
814
834
I
77'
704
77W
Clilb Cep'r C
e 054
13
(. It
2
I)
I 1 X
I
12
1
3
10.
r.7
37
57
574
Erie P.U Ce 4s
00
Flsk Ilub'r Ce
8s rctn
1.... l"4
1.... l"w
n ... 1004
Fram'n Indust
Dev 74 s
1 0B4
1 054
ft 034
rranclse Bugu
74 wl
4
4
ft ..
4 ..
Gen'ee
1
101
. 1004
. 101
101
niv 01
0.1
II F Goedrich
Ce 0 4b rets
2.
1
3
ft
2.1
1
ft
1
1
1
Coedjear
1024
103
101
10.iv,
1014
let
1024
102
1021,
101
T A
'3f
1004
100
004
100
100
A
Itub'r
10 .
1..
1
fl .
Onedvear T
Itub'r '41
1 . 11.14
Cr'd Trunk of
Can Cs rets
ft ... 104
O Day & W b
1 . . 13
Great Nertn n
Hly ft4a
1014
1034
20.
33
1
Oreit
10141
1034
. 1034
Nert'j'n
lUll'y 7
1.... 1134
1 ... Ill
Gulf & S I 5s
Ofsale) 704
Haana R Let
A Pur ,1s
.1 fiS
Heland-Am'B
Line Cs
1... 80
Hud A Man fd
1 K.1N
ft . . 834
Hud A Man In
11 (144
1 144
1 ... 05
Humble Oil A
Itnfg 54 s wl
20 ... 1004
1. .. 100
Ills Central fd
10 004
2 .... 00
10 004
I Ct'l 34s '52
1 704
Tils Cen 4s '5.1
834
1. ..64
Lk Chere M
S'n 4a '81
B 04
ft 04
10 04 .
Lehla-h Va. 4s
11 MK
0 A3
1 834
Le & Nash 4 s
13. ... 03i
Leuis & Nash
v e 6 a
10.... 1004
2 ... 1004
2 ... 1004
Leuis It Nfcsh
Mone 4s
1 . .814
La ft N IV 5s
2 . .. 734
Minall Suiar
Ce 74
(J 08'
Market St Uly
H Fran 1st
1 ... SO
Market St Illy
S Fran fls
20 .... 04 4
10 04
10... 04
M Oil ct 74 1
II 111
M OH a'd 8s
ft. .. U84
Mex Petr'tn fla
1 101ft
1.... 100
1.... 1054
Mid S & Or ft
4. ..014
Mln A St L 4a
,1... . 47
M A StL fd fts
8 ... 474
2 . . 474
M Stl" A- 8 Hte
Marie 04s
27 . . 103VJ
7(sale) 1034
Me Kan A Te
a wl
80....
2.1
r.e ...
20
10 ...
n ...
N Y Cent'l 7a
1.... 105
0.... 10.1
1.... 105
N Tk Central
L S 34 a
1... . 774
3 764
N Y Edl'n Ce
04a rets
1.... 1124
New Y N II A
H 4a '07
2 .... B2
New Y N II A
Hart'd 0s
1... . 83
1 . 824
1 . 83
New Yek O A
West'n 4 s
ft. ... 77
2 7R4
2. . . 784
N Yk Itlya 5s
1 04
New Y Sueq &
W'n cm fts
1 . 044
N Y Tele 44 a
1 ..014
N Y Tele'e '41
10 . 1004
lO(salc) IOO14
1 .. 1004
1 lc04
N Y Tele'e '40
3 .. 107 4
N Yk IV C A
Pest 44 s
1
.114
Il Wn
00
(10
00
B0
no
(10
no
00
00
no
r,e4
: TOX
Norfolk
cv OS
1....
30 . .
1. ..
1 ...
20 ...
10
N A Edl'n Ce
0s rcta
1
0
1104
117
1174
11H4
117 4
11
034
034
03 4
014
03 4
03 4
71
2
ft ...
1....
1 ...
5 ..
M Kan
4 s wl
4. ..
Me Knn A Tex
Bs wl
10 80
1 .... 8(1
Me Pacific 4s
2 08
1 OS
3 . 08
Me Tacflc s
0.
4 .
e..
25..
ri!!
1..
r
5 .
1014
1014
1014
1014
1014
1014
1014
102
101
102
0(al)
1 . .
1 . .
N Ohie "lrae A
Llfht Cs
1 .... 0.14
Kerth Wester.)
Bell Te! 7s
1.... 1074
1 ... 1074
l(silo) 108
K Pac! fle It .Is
1 044
2 014
N Pacific n 4s
ft .... 804
2 0.14
ft 004
ft 004
6 .... 00 4
ft 004
N F&cine 4 4s
1 804
N Pac R Bs wl
2 084
2 0S4
10 .... 084
4 ... 084
4 014
N Pacific n fls
Ills Cntl ft4s Ment'a Pwr 5s
1.. . 10:
Tils Steel 44 si
1 034
Indl'a Steel fts
1 ... 101S
Intb'r, n T fd
1 004
4.. .. 004
Intbore Itipld
Tran 0s til
3 . .. 704
Inthern Hapld
Tr.in 7s wl
1.1 00
In'r'I & Great
N'n aj wl
4 B14
10 00
Merris A Cem
pany 44 s
1.. .. 874
2 .... 874
" 88
ft(saVe) 874
Nassau EUc'c
Itwy la
2 . .. 81
New Enc Tal
Ce Bs wl
0 01
1 en
4 .... 00
2 084
0 08 .
ft ..
2...
1...
10...
Nth S
2...
1...
North
Gs
1...
I M Marine 0 New Or's A N
2 0941 E'n 44
lnt'1 Tap a fts I 1 SB
2 . . 00 4 New Or Tex A
Int'l Pap b 6s Mexico Ba
ft 80 3 .... 74 4
.... 81 4 1 . .. 714
2 .... 80 4 Nw Or Tex A
1 ... 80 4 Mexico 0a
1 . .. 80 4 1 100
Iowa cent'l 4sN Y Cenfl 4s
1 404 a.
1 40', 1.
! . 40 N Y
Iowa Cent'l 5s ,1.
1-..
4 ..
"...
Kan C
714
, . 804
,. 704
,. 81
. 814
Ft 3 ft
Memp 4a
1 .. 81H
Kan c A S 3s
2 .. 714
Knn CAS Ss
1 024
Lack Steel '50
3 .. . 02
Lake Shero M
S'n 4s '28
3 ... Od
ft .... 00
N Y
0.
10.
2.
3
21
ft.
3
a
8
4
N Y
10.
3.
2.
8
B.
014
014
Ct'l 44 r
00
Cent'l 3s
08 'J
.... 084
084
, ... 08
, . 08S
OS 4
... 084
. O84
... O84
084
Cent'l 0s
. . 1074
.. 1074
.. 10S
. 108
.. 10S
100 V
. 1004
, . 100 4
. 1004
Pwr 5 s
.. 034
.. 014
S Pew
Penna It It Bs
4.
4...,
Penna
1. .,
1 . ,
1
1034
, 103
P. R4s
, 1104
, 1104
, 1104
Penna It It 7s
1.... 1004
1 ... 100
Peoria A E 1st
1 82
Pers MarQt 4s
14 8ft
Pere Marqt Sa
2 00
Pierre Oil 8s
2 ... 07
Pub srv Cerp
N Jsy Es
1 804
2 . .. 804
7 80
Punta Alirgre
Bus Ce 7s
J.... 1004
1.... 100 4
1 .. K'04
3 . 110
Ufadlnc C Is
2 .... 834
2... . 814
30 . .. 854
lit-m Arms (is
10 ... 01",
Itle O Jet 1st
ft 87
3 ... 88
1 . 80V
Iteck Il'rt A A
Leul'a i4s
ft . 8.1
St L I'n .Mt A
S'n Illy 4s
LI
no
804
00
00 4
Hill,
2.1 . . . 804
St L I Mt A S
It A G dlv Is
10
10
2
B 70
St PI A K C
S L 44s
2 C44
ft 814
Saks A Ce 7
1 ... 100
Seab'd A L a
10
lsate)
10
10....
Seab'd
1....
ft. ...
0....
1. ..
1
10
10
2ft
Seabe'd Air
Sta'd 4s
20
20 4
204
30
L fd
454
454
4111
44
4.14
4.14
134
40
L
8
Seab'd
8 ..
0 ..
00
L 0s
074
074
2 . 08 4
2 . rts 4
1 . 08 Vt
1 .. (10
1 . . O'l 1
Sinclair C oil
Cerp 7a rets
2 . . 004
1 . . 004
"(a ile) i)4
1 (flat) 00 4
1
2.... 10.1
4 70
Tex A Poe lat
1 ... ion
Third Ave aj
4 04
1 044
2 ... 004
Tet Edlaen 7a
1 OiK
Ter Ham It
Ilur 4a
U .... B44
Underwood; T
Company II
3 ... 024
Union Elee Ba
of '33
1 . . 004
Union Pae cv
1 . 107H
10 . . 054
Union Pae 4a
10 . . 054
U S Heff Men
Cemp y 8a
1.. . 101K
t; 8 Realty
Impv't 6a
2 . 07
U S Rubb'r 5a
2.
ft.
St L
1.
A S
3..
1.
ft
1..
1 ..
10...
80
80
r aj
83t
834
814
8.14
834
St l'&'s I"' In
74
74
78
7.1
7 7.1
St L A S Pran
Series A
1 74 4
8 744
1 74 4
8 744
Bt L & H Fran
Series B
4 .... 8S
1 ... 88
St L A S Fran
Series C
2 88
St L is Fran
C4s wl
10 0.14
2.. . 054
St L Sw'n en
8.. . 704
Tedny's sales
Yesterday's iUerf
Total for this irrk
00
2 100
2. ... ,
1 li'it,
ft.. . 00 4
4 . ... fin 1,
Sinclair Crude
O P Ce 5 4s
5 . 00
2 084
2 . . H'l
S Hell Tet r.a1
1 . . . 00 4 !
Se'n Pacific fd 2
l 01 I 10
10 .... ill ,Va-c
5 .. 014 1 .1 .
ft
1 .
0
1
V
1.,
u s
004
.. 004
. . 004
.004
Hub 74a
. 1084
Steam S
1
Ch
Se'n Pacific 4p
7 ... 80 4
1 . 80 4
S'n Pae cv 4s
J.. .. 04
1... . 034
20 . . . 01
2 ... 01',
2 0T4
10(ale.) 1134
S P Term'l 4s
ft 844
Sn Hallway 4n
ft.. . 00 4
2 .... 70
11.. .. 70
7 004
138 70
32 70
30 ... . 70
Sn Railway 5s
ft ... 100
2 ... 100
0 1004
7 1004
2 . 100
Sn Halt'y 04 s
3 1024
Ce Cep fls wl
ft . . . 02
2 02
ft . . 014
U'd S Steel Ba
1. .104
1 . 104
Utah P & L Ba
3 0.14
Va-C Ch ct 7s
0.14
084
08 4
0S4
1184
74a
1034
Chem cv
Ua
118 4
084
2 .. 084
1 . 08
4 . 084
1 Bb4
Va Rwy Ce Ba
1 . . 09
West'n Md 4
10 .. 074
4 . T
1... . 07
West Shern 4a
1 ... 844
Wlckwe. Spne
Steel 7s
1 1084
Wilsen Ce cv
1 054
Wilsen co lat
Va-C
war'd
8
ft
1....
3 ...
1
Wilsen
7 ..
a....
1....
101
101
1004
C 74a
1064
1004
1004
100
1.
1014
1014
H114
102
Ont Vv. T Nlac
Falls fts I
2 (tint) 074 1
Ore A Calif .Is
8 . 100 ,
rtrearrtn 3 T. Am i
4 05
1 014
ft . 014
Oils Steal Ists
2 . 1004
Pac O A E fts
8 034
1 . 014
7sale) 034
rac TAT .Is
1 ... OSS
Pae Tel A Tel
fts rets
ft
fl(sale)
ft. ...
7
0 ...
.1
2 . ...
S(sale)
fl(snle)
40
1
105... .
10
0...
RO (flat) U4S
7(snle) 04
1.1
M. 481.000
SI 1,583,000
MI.770.0OO
tee siren nrsiNKts
pews Is ' second hand " but thousands of
the country s bntgest business men Ret th
facta "fresh" from the Huslness Section of
the I'lHite Lr.MiKR You'll find forty te fifty
lnterestlnu business Items rlht en the first
pace dilly. "Make It a Habit " Adv.
If555. VSSBfc
Spruce 8200
044
014
04 4
044
04 4
044
014
PI4
04 4
04
04 4
044
04 4
014
14.
37
7
10
044
04 4
014
044
04 34
NEWS FUR INVESTORS
United States
Government
Securities
RECmiTIKS DEPAItTMENT
COMMERCIAL
TRUST COMPANY
Slemlier Feilernl Reserve System
City Hall Square West
Elle lVnrin la
4
Erle
0
1
Frie
10
t
Erie
Mil
Hit
nn
cv
3
B
8S4
V
r.3 v
.1.14
c II
.'7',
574
s n
IT 4
B7H
6TH
The nvernfte price of the twentv nc
tlve lii(lii8trinl Mecks mlvnneed 0(17 peri
cent jctenlny te OS.(V). while the
twentv rillreids nilvanced 0.124 ptr cent
te (10..-.. Retli were new IiIeIi levels for
the current iear.
Ter the first time In peme weeks,
tin' Feilernl Reserve System showed it
Mihstantlnl deoreittfe in j;e!d resenes
tr.tnl en AuKUit 1(1 beinp SH.Olltl 4IH -(lilt),
ns compared with :.0T1 .IJ-l.'l.OOO
en AiiKiiht !. the high nvenl, a de- I
en-nee nf ..'., 200.000.
In first fourteen ilnyi of AiiRUHt the j
I'nlti'd States 1ms received !1'J Mti,- 1
l"li In Interest en foreign elilljiatlnns
held, compared with SlO.'-'O'.l.sOi; fer1
ei-irtespendlnj: period Inst jenr, and for
the lihial year te date Sl,7t!!)1.il0!
against S10,:5.su,7ir..
The Hnltlnwrt nrtrt Ohie Knilrend se
cured Interstate Commerce) Cumiiilssien
authority te nssuiiie li.iMlHv fur pn
lnent of interest nml prmclpnl of Si!,
7f0.000 in equipment trust ivrtWiciiti".
The securities will be sold te finance
purchases uf new rolling hteeU. 1
Chicago Is planning the sale of SS,.
00.-, 000 ! per cent lighting and street
improvement bends en September 1 1
In approving ftl.-lOO.OOO bends, eterNi
authorized interest rnte of ." jier cent.
Controller 1 larding, however, believes
conditions justify a prh e of par at 1
per cent.
--Illinois Central report mere coal
hauled the first six months this, jenr
than in nny previous jeiir excrptitig tlie
war jeurs of 11)17 and 101S There
were 11,1101) eats tlie first fifteen dajs
of August, agnliiHt 1-1,1(15 n jear age I
while total leading for the same inter
nl increased 11,:!.'M te !?5t3tJii. I
The Kansas ('it j Southern System, I
Including Texnrkann and Tort Smith
( euipaii) , reports, ,lui gross ,sl,,r,(lt .
:t.r7. a ileciensi' uf SLlMl,"!). Net after
taxes, S'Ji'.'i .101, tlecrciise $ Klll.LTi.'l ,
seven months' gross $ll,',ltl,7.'H, 11 de
crease of $1.I11'J.I71. NVt after tuxes.
$'..',077,1 11. deeiease i?77'-,,l70.
Chicago &
Northwestern
lies, r ptKn circular outlining
the pessil'lllttes 1 f th'H read
i-mr vpnn riiucvf
McGLINN&CO.
.If embers Vete Yerk Slni k Errhange
300 AVidencr Hid.. Philadelphia
PURCHASING AGENT
AVAILABLE
I ' T V e .,
lie nin tne j nve, 1 Vri t e erdlna.
i'M ana u'ttn.n. ,, t, itenslve,
lurrhssi ir Iin''mer I'vperipnce and
leniniisirnted h' '11 ar 1 i accept
cmple'meit eui v with n empany of
hlBh chain ter i.n 1 ut ia"t at standing
( .133. i.r.ixn 11 erri( 1:
C. S. PATTON & CO.
8U a ciirsTvi t srH.
BANKERS
ilpeefsir le
SATT.m HTKVKNNOV
Bones and tnelis bunitlit unit sold
Members Phlla, Hleek K.eh......
ff
Lawrence E. Brown & Ce.
CERTIFIED PUBLIC ACC0UNTANTJ
1(150 IlKAl, KHTATK Tilt 8T UI.IM1.
Investigate, and adjust c rporatieii and
pattnershlp accounts and prepare. Incems
Tax lteiurns
FINANf IAI.
hllHI-.M'.rtlltl-l.l, 1)011 ADO I'H'i; i.TZTZ
111.. INC. llltur M0llili(il- '1' MiMlf'
I.M. II Nl MI.IIIAI. (11)1. II IlilSllH '
MinMli- J'-uml of thn
Mertiic
Ntitiru uf
uniltrHtuned
executed as
call for
1 rusiee unuir llrst
w uunu 1 ii 1 tn .! ..
u.i... r 11 'jsn dnn iri.ui .... :..r9W ."
"" ".-;.-.-.": , iijrHBfl hv.
"I'i
for 1110 nrsi iwe weelvH ill August sinKinif Kund Onld JIuihIm or tlV HlTrVvtneri!
sales ni ni'iiMirj sinin(.N securlt e.s 11 J'ura'iu ' 'ee ''' 111c , is ber.liV
iin.eunt.'.' (e ?.. 77 .Ml t-j-iinst $7:i!. , Te ' iSK SKr'.W. the"",,,! ISX'ieMtSt
Is.' in same peiled of HUM Itedemii- mud lasua U uny cui,u jer rulaiiiMlei i.S
.ions of Trcas,,.. savings ;,'tl, , , W.&SX'ft y C!..?AV,u.ft-
Will' ellllllgs KCU'ltll'l. lei ,,h tl,(, '" Ne. 1210 fl '"'
(nrmci- lini'ie uf this elitss ni (Jevein- l.Su.liaVul.V1 "hewia I ctelit red un or tutors
fVadsTph?. Un0""1"'r , " UltV .1
i
1
siBaar 9- .. t .
me nt ohllgiitlen, totaled 51,rI7,7,'ili fur
Hrrt two weeks of Aueuil ngalnit fi.1..
O'lll O'lll ...m. ..IJ l' 1 ' '
WUUtQUU 4UI DAW1V yS4MT4 J4 10111,
i'WU
m
2H
Ar"f
.l
1
4
I
irer.
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