The Philadelphia Inquirer from Philadelphia, Pennsylvania • Page 19

THE HtiLADtU rilA LNwUttvcK. 21, 1 iJO a 19 YORK BANK STOCKS PHILAV BANK STOCKS MININU STOCKS Prlea mil fin follnw: NEW ill 41: mod nnd.llL.f. Ill 1. mlil.lllui. xii.

low a In lit. tow alti or.l. xoixi ii. iv an sales t.nai bales iiieliidu.x L'oiai Anierhan. No reeeipla k'llloies St Paul Caa tea 6a ..1952 1 07 ir 109 MO'1 xan A Kl ll)l'2 102 115'a San ll.ex-o 11 A Kle 6a I034 108 San llievto II A Kle 19.19 1 07 I OS 109 IMulo A Pvvr 6a.

.1939 9Sl'l Ill ISeaille Fle.fr.e 5 1 939 90 a 155 155 170 19 97 400 18 'f-tliitlltiiina Siilitr.l.-.r (liridNAl BANK lliv MM Kauaaa Cit.r Pub Servle I Krie Ballvvaaa Kaet A Mndaou Caa .........150 iina vt Kleetru- HergeQ 97 llu.lKon 41 it 1 50 Kei.MM-xy Sei-uiillea ..150 Stalea pvrr 16 City (iaa 92 Neve Yink Steiuu .375 North Kleelric 16 Nova Moulin Tram 38 0 NATIONAL BANKS Hid South Colorado Power .......101 4IUU.I Haa A leiaa I'wr A I.Rt pfd Klei-lrlx' .106 Tidewater Power 106 Toledo Kl.loan A 109 ltlitiea Pull Serv 7V 94 I lined Una IC.tnnl 92 rniled Haa A Kl Jer 65 I tab Power A Mailt 109'a 1 lililiea Pwr A 1 1 at lit 99 Weat stai.a II A Klee 99 Vveau-ru Potter ............105 99 s. imi, Calit Kdlx.ii 6' 1941 105 105' 2 S90 94 isoiilli 4 a 1 1 IUJ IU-J'. 75 (aioinia A 1. 1 6a. 1930 99 u.r.l III South Jersey 5a ..1933 103 105 April 101 Sl.l A Itlecll ic 6 I 9 15 100 lUIUlMitv l.v-t Sl.l Ij.vl.! a.

.1.1 etfx t95i UHlt'l 10? 'June 191 20 224 260 550 275 200 O.n'niiiB I 1. Ho II lu lb I'J in bi lb I III I'l In II 111 III HI Is Ill II 11' til I.I 1 1 lit "In IH I'll I.I Ill HI V. Ill PI IH PI 111 IS III I HO as A Flee 6a Vila. 19. .6 ltll I Uj 4 I An i Nnrlh llvvy 65 Klee Pi.vver 40' 3 I'aa A Water Seenr 23 Seeur I orpn lienl .305 l-rk Record (( Week's FHri The inNnlvttinv rwnr.l IfhI wrk Tf otl imin-iivniMMit, fllilmuuh iIip nnm-Imt of f.iilni'.'S in I lie i 'nitcfl Si itos lit hi sit lovi-i.

Thp pftrn: I'tinl tf H'J Mow th tlif.iiilt! nf the prooliin week, niitl is Icxk la ji tin UnU iinnlyj'Tirie ri'linrlnl i It. IJ. iMin Comjmny A venr huh. The hi.st wrrk j. in tin' Kii ii ml (he West, while lhi nUn is rue oi li compmisim with ih fur tl.iw poriod of ip.

-piio ilic Miuillcr numlipp of fnilinvn, on itii- other hnixl, drfinills rnoUins Minn tlmn in t-nth ri.M wi'i-e sliyhtlv hi'licr thm mr nun. Hie nnniliir lioiii Hniimt 'AM, I antral Nations 24 I III Null Ilk Air Turn r.irluui: Null 4 Kiittifli Nnti.mal 30 r'lrst Niltli.tm! 16 Miiiiil.viiiix' (Junket Cilr 20 alniki-l Mn-i-l Null 14 Kniix of 2 40 i Sail tint. 30 Nnrlli'Mil Natinnal 14 Natl 25 IVnn NHtlunul 24 I'liila National 24 Kn-ainil Nml Hank ..20 ilaintni 5 1933 100 va- Power 6a 1956 99 103 Si'lM IiiIhT b.i No. eniber 662 A -Vrrl 920 2-5 184 1210 615 635 130 130 500 890 910 675 465 265 450 425 595 I in Klee New 92 94 a Pub 5 2a ..1946 96 91' Va Pub Sei vi. a ion 6a ..1946 95' 'a 97 660 COMSTOCK STOCKS Heat A Mi l.

Ii 8 Opliir Mm: 3 H'llliMT, i 5 IMI.ial Mni: 12 19 Savage 8 t'otia ir- 4 S.t-rrn Nev 30 tiunld A urry. 10 i n. le Sam 20 Jmtire Man 25 1 Hum Mnj; 67 Mexican Mnir .2.15 TONOPAB DIVIDF I Arsrle M-ii: 5 do re-ent 2 Bronuui-r ii 4 lliiaeila Jlnu 2 I Itivide i.T 5 SnillCKler MB 4 liiviili'iid Jl 4 T.n.uli Divide 7 'ivltay IJueen 2 'lollop Kt 20 I Harmill AlnK 16 n.rr Mm 2 Mne 2 'M Kti 4 Mux' 5 G0LDHELD STOCKS H.Killt Mtn 8 Florenee nir 6 Hutler 2 rt Bond 4 CdTtili Fra.t 2 Junitat V.t 2 Ciuiaol Mun 25 l.oue Hlar 5 Hern Minea 2 Hod llilla 2 Iieveloi Mni: 2 Nail 2jb 177 1 ISO 5 600 610 125 1330 480 )75 870 895 645 445 245 425 400 570 I'lll'IIIX Inuutiiv, P.i.ltl Aaked 97 92 10. 4 Heat Sla II A Kl 5a 9914 100' 195 250 229 275 625 375 260 208 868 670 428 I I I I 100 310 8P5 620 300 640 778 37 2300 5200 I. A 1941 99 420 107 1080 295 1400 Tin ColTm Market Pub Serv lal 5- 101 I 00' 102 106 104 BONDS W't'r.

Am Coiiilili deb 6a ...1952 Am r.unlih deb Atitmlaeliian Pwr lat 5a. 1941 Axmiv Tele Itilltlea 5a. .1942 Aaaee T-le lllillilea 6a ..1947 llroad lliver IMwer 5a ..1954 I'nlifornia power 6a 1931 i'arollua (ienix-ia Cenlral A Kiel- 5' 1946 Coin Control Pr lat 5' aa. 1946 Power lat 5.. 1953 103 ae Pub Serv Ixl if 6a.

1952 105 Mtmtliirarli NiiMniial 18 SiiiilliwcHlffn Nat! 6 Pub Sr lal r( 5'. 1958 103 8f 8 Tenth Naiional 12 l6i Null Hk Tr eou 250 li-xtllf Ntilinrtfll 10 i'raik'Hman'a A Tr. 10 t. HIKIP M.W ViHIU Uij, tit I A Tin ti.nr l.ir COi'fFt 1iiIiii4 rtM.f 1 I hi fit 1 'ii 1 1 nun I lull ti" ilix Iin tin inttt in lli.t'iirtil l.i rcturiii'lv vru-i- fur fit-lui iii re and inn II ittu u( tli 7 (iiiitrii'tn opriMii nt fin U.K. inn- of III I'll I III (Hill I limi'll 7 III I'll, Ilia.

COTTON MARKETS fiOO 678 100 TItUET COMPANIES Nl" 12 in right" nn At.line Trnat Co AllfttliPliy 'I' Sv.uih rillea Flililiea 28 Soiliei-aet Ltll Mitllil I.Bt 95 Si.uil.neat A Pur A 75 do t'laaa 65 South I) A ...158 South I'olorado I'wr A 23 stiiii.lai.l I'wr A I.iaht 50 rniled Klee Hallway 60 Vimiiiinti Hallaviiy ...150 Vet Slutea llaa A Klee 69 WaxliiliiiHiu Itvtr A Klee 510 PREFERRED STOCKS Hid Alabama Power 7re Power 5' 92 Aitler Klectrie Se.uritiea 26 Amer liiia A Klee 106 Awer Pvvr A l.ivtht 100 Amer Pulille ltll US pfd 93 .1.. lor prelerroil 93 Arixoun Power 82 Arkan.na I'wr A l.laiil 106 A Iaa A Klctric- 6 99 do 5'e pidfeired 94 Pill. He I'lllillea pld 94 lily Klerlrle 1 07 'a tiiLiiMn Aiken II A Klee 80 hmmor llv.lro Klee tif.l 115 Atm'rirsn bk A Tr 7 111 Wham nn FINANCIAL CALIFORNIA STOCKS Ai'tne Mtif 16 Hid ISold Kxt 3 Bank or Am A Tr 16 Hunk of I'liila A Tr 12 24 325 32 90 80 164 25 54 64 159 540 A.ke.l 113 91 28 108 101 97 97 85 108 101 96 99 109 85 120 105 I 10', 107 106 27 I I I 109 I 17 ll'ulorndii Flee I'wr 1(47 jiolllinliia ISCI I1AK 1936 ona llaa 1936 ll'ona Caa Nevv 1935 il'oiia llaa I'lilltiea 1943 il'oua (iaa riilinex iionsol Iraelien 5a ....1933 llailaa Ca 6a 1941 Iliveiailled lllf dep 5a ..1958 Pii.o Kleelrle 5 ...1950 270 75 23U 495 570 152 1 80 90 275 268 500 NOTICE ti i lif-r Suit IIT.imii. Sunlii" C.illtl'il.'U (. I to l.i mill fl! HH llihHIHl' tlf Ii to III r-l IHHI I.

Iaa-, tl HlHUKIt. i illtrt rr IT III HI. tn i.lnli. siii 14H1. n-i 1 1 imi.v h.t-l'I SiniHiii iniiinif.f -lim, i'-'-'HSf: tia.

VI Jul Lti Ii-. vi I Bl'OT COFFKK m-aIt: Ki.i 7s HunkTa rust Co Itr-ltitniit Trnat Brimrl Stroet Trnat I'rntrul ''r A Brra f1" vntioual 90U MEW YORK, Jan. 19 (A. COTTON mi t-iv huih i it. ii I -w iwiinm mi iMimiisf tt.

ri'lii I i vt'l si fjtti iti Mi'- 1 1 in' tvil inn I it 't'k fill ifilhMiu. Mur.li tun km. snl.l -ff Inini I'll "Jit lit l'ii i In. 1 11 nl -''J. '('in' K'-ik ihI i iltiif.l very hH'ihIv, iul 3 imliila lnWfr to 'J litiin i ii luuli'T.

Tlit iiih i fllfinlr ft ilf. ll.ip of 'i ixtinU lit nil Mil it i of miiii Tltt'n' hii ni'ti to In' mi in i in ti'tiii; lit m'Mhu tinlvri in ill-' Ii.uiiU ir ln.iki'r timl til iiiliM' MmiuliM el in lil tlurhii; In IUl Mmv mill ii uli M-iliiir hi I'd I. mni ii 'Jit or I in '2 iHiiiUN 11 i'l luuiT tn vi it 1r a lit' IhlTIHNll Itll.l.'!" nth I IiixkinIiIi- wciklv re T-T-i Coldiiial Truat 93 lot 106 98 105 Bill. 95 90 1 00 91 99 95' 98 98 96 98 102' '4 104 ICO 98 94 941 i. 96 841 i I (13 1 a 90 100 80 103 9V1 95' a 9b 103 91" 1 96 I I 9(1 I ill! '4 1 04 101 1 03 I 0 I 14 94 IU0' 4 95 I HO 7 i 1(12 100 95 KM 260 70 211) 485 550 148 170 85 265 255 475 43 980 685 410 67 875 330 2100 565 149 485 650 Banner ll.r 12 I'ali Sliaaia Cent Kureka 81 HolHl llev ...275 lloilide tl 17 Siitarinan 30 Flr-t Nail 32 Trln liubl Bar.

31 NmiI Silte-r 90 I nion 3 Nevada Htlla 9 ni Trtint.v 6 Old 50 OTHER OISTRICTS Amador Mnu' 10 Cona 2 Helm. mi Met 19 Mma 13 Bevia Mni! 3 16 Bin. H-iir 9 1'rlnt 3 Broken It. Ma I Bound Mlti 14 I'lirlioiiaie .1.35 Kan linlne! 3 V.Hnn.l 82b 810 925 260 I 10 2M) 302 298 835 280 215 220 I3i, IH 282 100 850 185 3 6 6 14 80 24 16 12 1.80 20 10 40 IS 4 10 270 Sum. n.

mil tih.i fi ivr- Ktmrlutii 4 1 lilO Kv liillilH' (in 1 niiiliiii iin.l ijiii'nr l.liv Inn rnii' inn Kin I ii iim it in 'Ji nit liinli'T. hi ut. rt'ii tui; In-r Urtidliiiii irl ri iJ lHHl, Jim rfi -i'IIMx, t'Hil. New York Sugar Market E.j.,.n Nutinnnl i -'y In Willi flu tirinn nf ifrhuti tii.iiUUKt. liurn lir Tlt-iKi, tin tit IW-II I rt of in i 'oiuuv mitt Tiun i UK riiii't huh.

mil of iinniHHt in wctiir mi tn Nki- riii. mill nf li iiim mni h.miU Mun i. I. lll an.t iltn- Mm. It 1 )i7 ttnl )- I hiTi'lu un.

ii n. i i iinn.inn rti i. i.fl.-rH lot i In ti.mi!i.,ii nl hi nf limnN ill it nil' iml ht f. ii hii.) hi h.h'ii-t fmm I. MI'S In In' I'll I "1 nut of Hi- illlhlliE 'linnl Mi' I tinili for Ijini imiiii.v.i (iff.

fr I.l" Mill' ll HIlV III till of Hif lll.l.M' IlK'lltlflll. nttr nlin- nl tnmr. i i In- Ti.ifn (nil ii i Sin in ut. Trnt I'ii. tn ifli tin fiiin mil inli-r I ut i mm; i urs.

i i i Ki'Mof; r( unlveaton Houxton 6a ..1954 llaa A- of Her-jen 5a. 1949 ileoratn Klee 6a. 1929 llreenivieli A 6a 1952 Hi. 11. 1.

in I 6a. 1933 llu.lxon I'liiiuly Caa 5a ..1949 Iu.l11.11a I'uli Serf 5a 1950 Iowa Pub 5. 197 leixey Cent A I. 5' ja. I 9 15 Kevxione Wnlel l.ua Autelex 1: A V.

5- 1952 I oa A.m. lea I 5a. 1930 Louiaville (1 A 5' a. I9D-I on.i city 'J 1 if I mum In' i loll uitti-It I II li-orfit'il 9 7 1 itit'ni i'hfIv tilTfriliixt ji ml I'MiM'if nillit'B ilnr 1 02 1 i il.l.' nl Ik iitni'ii i ut mlii i ut lii )(4 in 'Jil i'it mni Mhv ti 1.S iiiiikiiiL ik'I r.ihimbia At, Tr liitnciitfll Kouitabl KiiIpIIIj Pliila Kinain Co of i'enna Krnukford 'J'nial r'rankhn Truat (Iprmiuitown Trnat Hiram1 Ato TAT. Irani Trut Co Inilnatrlal Truat liilcarity Truat t'o KfiiKington Trnat Co Miirkvt St TAT.

Mitten Bank A Trnat Niiilli Hunk A Truat Surlli I'iiila Truat Nortliarn 'l'rnat Noriiiweatern Truat liiiial.aiul.ui l.x'l II A Parr I02''2 i Hlilninaltaln Kleelrle ..109 llirniliuliaiu Wti- Wka I 03t a I Broad Itlver Pwr 104 I Hull Ninu A Pwr pf.l 26 I'arnlina Pwr A l.iitlik ......109 Maine Pwr 106 I'linialia-k Klv I I Simon Mni: 3 do rllllil" M'W YuilK. 1 l't ll.it HAW 840 lier 19 Treaa unit 15 iri 46 1000 700 435 70 900 350 2200 585 154 610 670 116 655 530 1375 I 100 495 1500 895 1.1.1 I 175 mt imuI.t luiiii.litt a li.i .1 -iirU x.ationsl otl'la ..97 Wlnte Cnei 14 riMMti it'll mni in i il tif boo 1 2' 2 fnn 21 a 106 Nail lloiilaville II A Sa 1952 ui it. in in- Kluiit. il hv iim- mu mi ii i mini: I ii I. 1 1 cm ii ii.

I. Ihm i Im- ti II I'll- i't 1 1 Kill Hltil iTI I :) It I'll Utl rt- 16 60 ,1 Ml for k.Im ihm Inl'l. i'lM' n. "in Hi'imMMitlv lei Miiil M'll I In' i in fil l.i mi' ii nl' ri'MiM-i 'I -in mi .1 hlll. inl.r.'xl in tin' ti in k.t tiulu.

Hllin'iiL'li il xmi, i tint I MUiim en il III liv 1 I nt llu 104 Mb' In 113 Louiaville InU 1 108 6a. 5a ll 12 24 106 rtixiis of It i.r i ImiiiiU liulii flu' li.sl, i mii-l 1 1n i ol I in. ikmIh iiuii fl hull 1937 1947 1934 1917 1955 Sillies Kleellin I 12 I lev Kle. trio Ilium I 10' 2 I'olnnili Hv A Pwr IO6I2 do laxa 1041.2 1 l.ix-lit A Pwr 100 Cnnaiini Pvvr A l.iaht 104' 2 6 60'i. preferred 1041a tins A- Kleetile 103 Klee 5.

i.e 5a i ini.e-.oi a Mu Public Mo Pr Ja.k Wane 17 Weal Mill. a 3 halh l.ol.l 4 WrlBlit t'rk 31 Mnjeslie 28 COLORADO SPRINGS Cre i Hold 90 llev ...1.00 t.nlden ..1.51 Ma. II A II 1 9 1 2 tiranite Mutt 5 Siik 38' I'nt liol.l 1 4 1 2 do prof 3Bi 2 Holly (111 5-U BAIT LAKE CIT STOCKS 2 102 aboard Ara national Oliip.a Bk A Tru.t lllftl I 11,1 I tllli I III' llll lirufc I 1 lit i. 1 1 I) ll ll II i. lo MIIIH1 llllllt.

ill! Iiml iri'. tlv lltiic mi I.r Miiii.ll I'Viiiim; tin in for lii'C i iiUiir liliitm itiiil itrl.i- wi'rtf it hi'lf 175 245 189 870 2'JO 950 340. 79 275 290 a 5 Mouulaln SI a Mtr Nattonal sutlh'tV li'lt H'U, tlnitlUi'l Pi lat 5 Pr lat On 1 1 -1' lltllll'lll I lo Itll.l HI' II I II if ItV ll Penna Co, tr Priiviilfitt Trnat itt-Hl Kxl.l.d Tltla 23 4 28 20 2 7 5 505 1325 1035 465 1470 880 8211! 34 5 170 340 305 I9.1B IS3H 19.15 t'l'lhtlU I'l TIlll Mu jl'iilciu. ion llml rt.i-. (iroliHlili ANNUAL MEETINGS HR.sr I'l NNV HAVINIIS DANK OF PHII A IH I I'llIA JOHN WANAMAKKK FOUNPf r.lll Mn' i.

ii it tu.ii rit nf In I.l th'u r.iii.rtvinn wrv H' tn tTi (n- th1 Mi llailaa Pwr 110' 101 'I eaa l.uthl I A Klee 7'e A l.iuhl A Klee 7'e vi.iuniaiii Sf lliinii-ipnl tla New Iti in. xw Ne.vaa Ciiv Kfal hat I iat) I 5a. .19.57 tn ii ill nitl.ii)l i 'nh i I. inn Mii'l I.irt ri'ill-ill fSinii I In- ii lni i nie it'll" II htHiHl III illki't liorti'v-T. Iii.i'i rtllnm 'IhiIIh Afii'r inn.

liriiuhlif Truat 5 ...1918 juiinili" Kifhannf Nsll National 250 TRUST COMPANIES liiri. Tr.IBi- 524 831.3 355 180 355 323 375 I nion Hank A Truat ll 4 12 8 IToae. Norlllv )n; Alia Cona 022Noraid Mm l-lll Illll S.vvii.k Pnxa llw.v 5v Nor Am VMr 51-' ti cut riii 5' North lint A 6 Sec I. I A 'Ir. wwi ritiia 11 9 355 19 10 I'JL'H 1 9 in I94l .1917 Alia Mercer 03 i ,1 Hit i I .1 K.

till A Ill, 700 Mu 1 1 -2 -'I. in It) Rl-rlshta IllH inar 529 450 435 17. i-i -i'l. 'i 'JH, I'nnuiien Nut II. Shore Coke 5i Nor SI a Pr nl lt- tt.

'i-l Cot lit. yrt. ltnli. ll II. I K.h-:.

I ii I'nw Wlllnllll I. ii 410 550 Ii furi'iLh I i If nil in rt iTi- rt Ii InltiHu ll iH-rc iltirilii- Hii' -tlv ImkIi.il: Lni II. in- i Imtm Ilint: ni ll.c "in rt ii. il liin-r Sn Hit' m.Mtniu Iih.hhx, Ml ,) H. fr ciitih i-o-mli I'liitml.

I'litiiic Ciilin-x ('Mill In l' il nl I tl i I t'tilll Mil'lll Hi lni tiM.li' in Hint imuk'l ln.il -n hi. I nil hv hiiiiiIii I ti ti. 'til i ii mi liinliott i. I. Ml', .11.

111 I'llll Kl' I III- rttK nt Ii iiTT III iniil I i nu 4 5' aa. 19-10 I 00 "7 MU 101 75 101 113 101 ll) -J fur ii'tlntil Kii-iir fl'i Hih nin' tU tnuiilh In ll Inoli of .1 10 lint I'll nut' rt-itx l.jtil nt Ilif until' immiil ni'it i lit i Votth Texna Klee 5a 19 10 135 835 fe.nl Trnat I da n' v.il Truat Philadelphia Bonds WEEK ENDING JANUARY 13 Salea. laaiie. Hisli. Low.

Last I rl rlilin nl. It t'hut). mini, I-'I mm I il'isim SniMh li.it.ii l' A 1'. ft i tun tl ini'iirlrlil Ui .8 00 07 1 01 a 25 75 45' 2 13 00 50 20, 85 .2 00 14. 121-i .2 60 04 02 1 1 II 11 1 101 106 106 105 I 121.2 98 100' 110 107 99 98 55 106 I 10 45 90 I 14 I 10 4 71-4 107 I 10 107 I 10 96 66 I 12 105 107' a I 10 103 'i i InT.ii'.i llu Hihini.ii l.i'itnii.' I'llt 150 liert.v llaa 96 Lini.il-e llaa A kleelrle 109' a Florida I.

ut A I'wr lt Plil 99 l.la ho Power 108 lii.llaiiapolla A I. 6' a'i iif.l 105 do 7' pretet red 97 Inleralate Power 96 Water 52 Pwr A l.ix-ht 103 Kanaita 411 1 A Kleetru- I 08 Kttiiana City Pull Serviee 38 Keulii.ky 85 Ku.aa i'uiiuly l.lx-lit 10 1.UIIR Ixltiiid l.iv;lii I08'2 Maaa Vliluiea Aaao pf.l 44' a Alelro K.liaon 6'f J.105 do 7" ixaue .....108 Mlaalaaippl Hiver i'wr ...105 Vaaaail A SnTfolk l.iallt ...107 Natl Public Seivii-e A 94 Null Waler nulla 64 Nebrnakn Power ......110 New Jeiaey A 1 8 102 Trnat 420 1950 1440 .1911 I9U 19-14 Ml. In Una A 5a 1 1U til tin. Klee 6a Una A Klee lef 6- Pile l.na A 5a l.tM A Pwr 5a Palei-ou Hallway 5a Peeoa Vail I'M. 1-1 6' I o.i 99 yy 99 101 I 2 io.r iii hi 9t 94' 93 HH 9 1 I0? IV loltilni ll.ili.Ml I'm Inini i litilim It l.x.lll; METAL MARKETS S3.

000 City 4a '47 97Mi 97t 97' 5.000 filet- A Vn elf 4a. 54 537l 53' Alia Mi.h 40 line fent Si. I 15 I'rin. Cona Thief folia ..3 60 I'rolo F.al Sland 03 lli.ti -Art; I Knat Tinlk: 57 Silver Kinx' Kaal I lali 25 Silver Shield Kureka l.ly .1 30 Soiilh Sid Kureka Sl.l ..5 00 'In. lie liianl KetaKme ..33 Lend I.el'iiitll Tinlic 07 2 I Hit H- Masnolia l.d 47 Walker lns Minveina Mux- 05 Went Hold Monlead .4 1 2' a Weal New tfuim-r I 42' SPOKANE STOCKB Clowe Kootenai- Fl Piekena Mnj 1 8' 4 Moul Idnlio lloleonila 99 Siheramilh 78 '2 WelHi.ulott Ja.k W'aita 17' 4 NEW ORLEANS.

Jan. (A. CO I 'ION IMMIKI loM tl SH'iHlt; I1il iti I nl in 4 1 1 1 ii mi i i IH 'tin Mm. I. Kl'i l'ti tl! 1,11.

hl .1 nilr 11 miil.li. i Irhtr. -liritiifr. 111 .1. Mi i' imlIihii nf hnHi.1 NEWARK.

Jan. 0 (A. i Finn. nlli ll. ir hnflv int.

Iihiimi'I. I.I.I Hi I'M. im1 IIIUllHIIu Ml TAJ. 8 il: ii.t.i.lliini. flit VI R.

I'Jl 05 9R Public I'l illtu eon 5' l-'a. I 94' Public CHI eon 6a 1938 Pub I II A Pwr 6 1915 Pvvr Seem Corp live 6a. 1910 Pwr Seetlllllea I tie 6a 1915 Pn-xel Sod I. 5' J. 1919 Si I.

A Pwr 5. 1937 St Paul f.Ha lat 5a I94 1 I miii II MHtih.MV. mmI ufi-rrinrv In-nn'iH'r 'null Hi'. Him v-l ifHii Iht llinllll I i rifl il I) nil ni'. ri'tiii I renUUT, Itn.V H.

Ainli'v, ii uri'ichti-v trr.miiifr. A I. AMU. II 1 1 A Ml tit.nmir(.f 27 Tlti Sti-ftl Mnrkfit A ltll Jbii. Ill I 27.000 l.nke Sni.r 5 55 50 55 1.000 lli Vnl An 6 1 30 5.000 lli lat 4 '48.

92' 2 I 000 l.eh Val Tr 5a 65 6 000 Petin I'aa Hy 4a 55 54' 54H 12.000 I'hlla Kl Pr I05la I05ia 1.000 Pill Kle 51 ja 47. 10634 I06'4 I064 IS. 000 Phi Kle lat 5a. 1053-4 1041 a 1051 2 7.000 Pill 5' 2a I0634 I0634 4.000 Plil 6 60 105 I04UI04'4 1.000 Plil Kle 5'-2a '53-10634 10634 10634 28.000 strn A ITcilli 5a. 100' 4 100 100' 4 200 York Bya 5a 98' 'a 9814 B8' Tnptl mi lea, SI 16.200.

103'? LIVERPOOL, Jan. 11 (A. COTTON vi'iii in h.T iirimi. Iiisin'r: Am hum 102 l.n h.ir ill. Ml; ni tn nl.i 845 I 175 460 347 1910 300 925 500 5S5 890 460 898 375 225 368 242 26 320 I 120 597 222 187 920 620 3600 ilr Trnat -7 M.ir Trnat I'd Jg Und Truat 875 i ft-llt; Truat 4" lta Truat Co 600 flnaranty Trnat (o 893 Intrr.lata I mat 365 iatrra Urmn Truat 218 Trnat '-nr 37 SaniitaHnrfra Tinat Z38 I do rilili'a Hill Trnat 310 tnrk Truat 1110 Sr Trk A S90 iTUia Trnat snn-ra Trnat 180 r.naranif Truat 895 I New Orieana Pub Serv ......106 North New York til 107 North Slatpa Pwr tWiaet 97 FINANCIAL FINANCIAL FINANCIAL FINANCIAL North Slatea Pwr (llelal 108' I Nova Tram tifil 45 Ohio Public I 101a PUBLIC UTILITIES Quotaliona Salur.Liv follow: COMMON STOCKS tikhilinliia llaa A I 10 I'wr fV I.

mlit .107 In nr. 6'i- 75 ili 7 laaua 100 i T'lihllc Service Cnlnriiilo ioe The Silk Market NK.lV YlHtK. Ill IA, I. -RAW 8ILX fnlnrea rlnaed enay. aalea Stl hnlea.

atv. H4.HT; April. 14 July. SI.IIU. Open market uuotHltona ttllldai' t'aaial--Sliaunhal.

an am. three dancera. a.l.li.".; Can- i n. Co of A 325 605 3500 I'nai't Kntiitil lnr ilo prinr tii'i'ti'rri'il Uii. llaa A Klif 97 87 107 if It I Truat Co 113 I 12 109 B5 102 109 100 S9 109 105 108 105 1 8 90 27' 29' 88 lapaneae Clil Ona ahara Bank Cnlled rtintea new and'lon.

ilnulite extra A. HIa. 4.2 aa iliare Citj rinnnelal A. 11 F.I dividend, frack double extra 6' I'l, iex I'll -a tm lien tar pf.l ..103 Itiil. A-Ud Aniot ril I'wr l.t 27'.

a 2S' Anifr 7 Amur SO 65 Anaitxtn Aiki-n It II A Kl 30 31i Out I'tth Sarr Ti.n 97 101 Ulrvplil Klac lllnmijiiiliin 675 Col K.p.-irlr 1'imi'r 65 75 rnliliiiti Uv I'wr A l.t 1 25 135 r.iiiiiiiniiwi'altlt K.lix.m 205 215 ('una Nfir 50 54 lli'liolt r.la 'littitn'l 6 nitWo Tower .142 152 Sl.illt lilv I. ii- A Kl 102 jltl ei riinta. $20,000,000 Pittsburgh Coal Company Twenty Year 6 Sinking Fund Debenture Gold Bonds The Rubber Market M'lV VOItK. Jan. Id I A.

'fitturfa o'li'-t; Jantliirr Jlll.Hli; -Rvl ni; if rjn.m. RUBBER, apol, aiimaPtl ISi.lllllf.gat al llaa A f) T. l.iallt A I'liwer R7 nth t'ntif K.llami 6't. 26 I .1.. 7'- l.ref.-rie.l 28 -IK Solllli Itillliea 132 Naval Stores MVANVAH.

Jan. IP IA. Iwli.lai-, Sn Irailtnff. FINANCIAL FINANCIAL FINANCIAL FINANCIAL To br rlntfd February 1929 To he mithorizcd 25,000,000 To mature February 1, 1919 To be issued $20,000,000 Coupon niin.ls in MAUD denouiinatiun. Piim-ipa! and inlncst payable nt The Union TmM C'ompiinv t'f Pillaluth.

Intercut payable Keln 1 and August 1 wit liout ilr.hii-liou of minimi Federal liirtinie up to Subject to redemption in whole or in part or tor Sinking Fund, on any inleieat dale upon fiiut weeks' not ire Hi 105 and ait-rued iuleieat. Sinking Ku ml (if $500,0110 payable each December 1, from 1V29 to both inclusive, thereafter 7 cents per ton for each ton of run of mine coal mined payable each December 1, except 1948, the minimum payment to be $1,100,000 whether any coal is mined or not. Sinking Fund minimum payments Increase 20' 'c if Bonds in excess o'. the amount to be presently issued are authenticated. FREE OF PENNSYLVANIA FOUR MILL TAX $25,000,000 American International Corporation (Incorporated in th State of New York) Twenty "Year 512Convertible Gold Debentures Tote dated January 1, 1929 To mature January 1, 1949 Convertible at their princifalmmtnt into tharcs of Common Stocl; at rf hare.

on of before December 31, lq.V); at t90 per share thereafter and on or before December 19.12; and at $100 per share thereafter and on or before December Jl, 1934. If called for rerletnprtem tfte conversion privilege continues up to and including the tenth day prior to the date designated for redemption. httcreK jxivaWt Jinairar I latl July 1. Coiipnf. tVhanturit.

In df nsmmatlon nf $1,000 rrmtrraWf aa to pt-incirial nnlv. RaHffmeWf In ai'hilt ta rt tin foray (Uva' nrxrtrf at anv time or Ixftore January 1, lo-il 110; thcrtaftrr and on or hfor l.n.i.rv WW ar I07ij. anrl thare-afttt at 195; in each caaa with accrued intereet. Internet payahla without deduction for any normal Federal incoma tax not to extent 2 per annum. THE UNION TRUST COMPANY OF PITTSBURGH, TRUSTEE Mr.

W. G. Warden, Chairman of the Board, haa made the following summary ol his letter to nt; CAPITALIZATION (Aftr etanaxg effect fi rKe aola of rite Debenture, the incrM, in tfxe ntftaiber of nharrn vf urWirerJ Common fStncai.aMdfrie utuancao two tatrea ot Sfoclt maxcnanfeoreacli nran-unialy aiitaioriredoncl tniuuindinf thart.) AuthoriseJ Outatandtna Twenty-Year 5Vi Convertible Gold Debentures $25,000,000 $25,000,000 Common Stock Wa'arViim) 2,000,000 shs. lnclnfling ahairee reecrvafl for coaiYcreion of Debenturaa. Mr.

Matthew C. Brush, President of the Corporation, hdumihed the fellouing information rrgardtnif the Corporation and the above issue of Debentures PROVISIONS OF ISxSUE These Bonds will be the direct obligation of the Pittsburgh Coal Company and will be issued under a Trust Indenture to The Union Trust Company of Pittsburgh, Trustee, which will provide, among other things, substantially; thut (a) while any of these Bonds are outstanding no mortgage or fixed lien shall be placed upon any plant or property of the Company or of any of hs subsidiaries. This provision shall not apply to purchase money mort-Kages given to secure the payment of after-acquired property, provided that the mortgage given shall not be in xcess of 75 of the cost of the properties to the Company, (b) The Company will not mortgage or pledge the shares of capital stock now or hereafter owned by it in any subsidiary company; and will not without the consent of the Trustee sell the shares of stork of any subsidiary company or the assets thereof, and in case of any such sale the proceeds thereof shall forthwith be deposited with the Trustee and shall be used as an additional payment to the Sinking Fund, (c) The Company will pay any cash or property dividends on any or its stock outstanding, except out of profits earned subsequent to January 1, 1929. The remaining $5,000,000 Bonds authorized but unissued shall be reserved to be issued only with the approval of the Trustee and used only for the acquisition of additional properties and.or for improvements to the Ct rnpany's property. PROPERTY AND BUSINESS The Pittsburgh Coal Company owns 168,01.1 acres of high grade bituminous coal, 88 of which is in the Pittsburgh district of Pennsylvania.

This acreage contains a substantial portion of the un-mined eserves of the celebrated Youghiogheny gas and by-product coal of this field. The Company also owns the Montour Railroad, Pittsburgh, Lisbon Western Railroad, steamboats and steel barges on the Ohio River, and fueling docks and storage docks on the Great Lakes. The Company has 22 producing mines with present average daily output of 45,000 tons. An extensive program of modernization of facilities which was started in 1925 it nearly completed, effecting substantial operating economies and a notably superior mechanically cleaned product. The Company has adopted the open shop policy with its labor at all plants with marked success.

FINANCIAL ,4 Th? consolidated balance sheet of the Company as of December 31, 1928, after giving effect to this financing shows net assets of $135,562,467 after all indebtedness and all reserves, including depletion and depreciation. Current assets, not including $3,000,000 set aside in special fund for further improvements, amount to $21,696,386, or 2 time current liabilities of $3,311,895. Consolidated earnings for the ten years 1919-1928, before depreciation, depletion, interest on indebtedness and Federal taxes, averaged $5,767,932 per annum, or more than 3.71 times annual interest charges on present funded debt including this issue. Consolidated earning after all charges, but before Federal taxes, for the ten yean 1919-1928, available for the payment of interest on present funded debt, including this issue, averaged per annum, or more than 2.13 times such annual interest charges. Beginning with 1924, conditions in the coal industry were decidedly unfavorable and earnings declined sharply.

In the five years 1924-1928 the average loes after all charges, but before interest on debt and Federal taxes, amounted to $345,970 per annum. Th: loss was greatest in 1926, since which year there has been steady improvement. Notable progress was made month by month during the "year 1928. In the last quarter of that year, net earnings after all charges except Federal taxes were $487,100 notwithstanding the fact that the average price realized from the sal of coal was lower than in any year since 1916. ORGAH11ATIOH AND MANAGEMENT "American International Corporation wu incorporated November 23, 115, tinder the lawi of the State of New York, for the purpose of participating in enterprisea, both foreign and domestic.

The reaourcea of th Corporation are now inveated chiefly in large and favorably known domeetic companiea engaged in a wide range of activitiea. It haa important intereata in the international engineering and construction buaineaa of Ulen Company and in the International Acceptance Bank, in the organization of which companiea it took an active part. The Board of Directors of the Corporation includes Frank Altachul, of Laiard Frirea; H. A. Arthur, Vice-President; Matthew C.

Brush, President; Robert K. Caeaatt, of Caaeatt tf Pierre S. DuPont, Chairman, E. I. Dn Pont dc Nemoars tt Halatead G.

Freeman, President, Chaae Securities Corporation; Arthur Lehman, of Lehman Brothere; John J. Raekob; Percy A. Rockefeller; Frederic W. Scott and Buford Scott, of Scott Stringfcllow, Rich mond, Va. George H.

Walker, Preai-dent, W. A. Harriman Albert H. Wiggin, Chairman, The Chaaa National Bank of the City of New York; and Beekman Winthrop.of Robert Winthropt Co. ASSETS That estimated liquidating valise of the net aaaeta of the Corporation, without provtaion for income taiea, if any, on unrealized appreciation of aecuritiea, amounted to 141,700,000 on December 31, 1928, securities having a current market being valued at the laat sale prices on that day.

Thia eatimatcd liquidating value, equivalent to over $42.50 per share of the 980,000 shares of Common 8tock now outstanding, with the addition of the proceeds ef the sale of the Debenturea ia in exceea of 82,675 per $1,000 principal amount of Debenturea. At the cloaing prices on the New York Stork Fachange en January 17, 1929, the outstanding Common Stock of the Corporatio had aggregate market value of over $72,000,000. COMMON STOCK In accordance with action taken by the Stockholder of the Corpoiation on January 17, 1929, the previously out-tending shs res of Common Stock were changed at the rate of an for tw into 980,000 shares of Common Stock of no par value. During the calendar year 1928, apart from a conservative revaluation of certain aaaeta (amounting to an increase of approximately $1,500,000) and after payment of cash dividends equivalent to $1.00 per share on the Common Stock now outstanding, but without provision for income taxes, if any, on unrealized appreciation of aecurities, there was an increase in the estimated liquidating value of the net aaaeta of the Corporation amounting to $10,470,000 or $10.58 for each such ahare now outstanding. PROVISIONS OF THE DEBENTURES The TwentvAYear 5Vj Convertible Gold Debenturea will be iaaued under an indenture with The Chaae National Bank of the City of New York aa Truatee, which will provide, among othSr things, that so long aa any of the Debenturea are outstanding the Corporation will not (1) create any additional funded debt or make any distribution upon or acquire or purchase or redeem any of lis atock of any class if immediately thereafter ita aaaeta, after deducting all liabilities other than funded debt, amount to lesa than 200, of all of its funded debt, or (2) mortgage or pledge any of its ssscts except for current loana maturing not more than one year from the date of creation thereof made in the normal course of buaineaa; all aa will be more particularly set foith in the indenture.

CONVERSION PRIVILEGE The Debentures will be convertible at their principal amount into aharea of Common Stock at $ft0 per ahare on or before December 31, 1930, at $90 per ahare thereafter and on or before December 31, 1932, and at $100 per ahare thereafter and on or before December 31, 1934. Accrued intereat will be paid in cash. Conversion wilt be made at the principal office of the Trustee. If Debenturea are called for redemption the converaion privilege thereof will continue up to and including the tenth day prior to the date deaignated for redemption. Scrip aa deacrihed in the indenture, exchangeable in proper multiples for full shares, will be issued in lieu of fractional aharea.

The indenture will contain provisions to protect the value of the conversion privilege, but atock dividends in the aggregate of aix shares of Common Stock on each one tiundred ahares of Common Stock may be paid in any calendar year without affecting the converaion price." PURPOSE OF ISSUE The proceeds from the sale of these Bonds will be used for the redemption of the outstanding 5 Debenture Bonds aggregating $1,746,500 principal amount, for the payment of indebtedness incurred in modernizing the plants, for improvements and for other corporate purposes. 1 GENERAL The Company is now in exceptional position in 1 hat in the past four years the labor situation, now open shop, has been rendered satisfactory, and antiquated and obsolete plants have been modernized. In the past four years $12,000,000 have been invested in mines, electrical and mechanical equipment, cleaning plants and rehabilitation of mining towns. The present quoted prices on the New York Stock Exchange of the Preferred Stock and Common Stock indicate a value exceeding $60,000,000. 100 and accrued interest to yield 6 The above Sondit are offered when, aa and if issued and received by us and subject to approval of counsel of all legal proceedings in connection with the issuance thereof, and also aubject to the approval by the stockholders of the Company of the authorization of the bonds.

Interim receipta of The Union Truat Company of Pittsburgh will be delivered on or about February 1, 1919, exchangeable for definitive bonds when prepared. All legal details pertaining to this issue of bonds will be passed unon by Reed. Smith, Shaw McClay, Pittsburgh, for the Bankers, and by Rose and Eichenauer, Pittsburgh, for the Company. The accounts of the Company are audited annually by Peat, Marwirk, Mitchell ta Co. Application tvill be made to list the Debenture on the N'w Tori; Stocl; Exchange.

Price 105 and Accrued Interest to Yield 5.10 THil nfTfirtnf if mi im all rupecta u4ttm, and if Iaaued. and detiuereaa to and accepted kry ua and lukieot to the anrirnaait of eaer couMaeT. We rejea-aai the right to reiect an and aU aubacrxptiona tn hole or in part, to alltrt lea. than the amount npfnteri for and to doae aha et.bacrxption soota at any time tthout notice. Jt ia expected that of rempm-ary Debenturea or a interim receipt, tt ill be made on or about January 31, 1929, at the office of Lehman Brotherl, 16 William Street, Tta, again payment thereor in tw Xor fundi.

1 LAZARD FRERES LEHMAN BROTHERS CHASE SECURITIES CORPORATION W. A. HARRIMAN INC. SCOTT STRINGFELLOW CASSATT CO. TUCKER, ANTHONY fc? CO.

INTERNATIONAL ACCEPTANCE BANK, INC. The Union Trust Company of Pittsburgh Mellon National Bank Pittsburgh We do not guarantee the statements and figmes contained herein, but they are taken from sources which wt believe to be relinbtt..