Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-06-14

placed an order Of $1,000 900 in the
Pittsburgh district More than that,
the ideals that japanese absorbed nave
led to his endowment Of college IN
Japan which is a regular distributing
center for American ideas, methods ana
good will. That japanese was thrown
Into contact with the right people. But
unfortunately his case was ehcep
tioDal.'
Gua snty Trust Co.. n. Y.-The
marked decline foreign trade values
for April, with a relative gain Tor I'M
ports, the stringency In domestic crea,.
due to transportation dihculues, 'he
spectacular cutting OF retail prices m m
clothing and in limited number OF
commodities and the uncertain ana
frequently conflicting reports OF econo
mic, social and military disturbances
throughout parts Of Europe have Gil
combined to cause a certain hesitancE
among business men to commit tneIn
selves very far in advance, particularly
overseas. Unfortunately, this tendency
In at times carried so far as TO obscure
the constructive forces acting pndcr
the surface and accomplishing az tuh
damentsl Improvement.
Chandler Bros. & CO.--The 'paci e
fer was applied two or three times
the past week when there seemed to be
"budding' instinct in the market
which, unless Immediately checked
might lead forth toward an advance
movement. Then 10 per cent was bid
for call money and prices naturally oe ,
clined. after which money cropped
quietly, with 9 per cent paid ana win
| warning signals attached to the money
post. One of the old standard bearers
| - H. IL xthtp
years has stood for all that was up
right and honorable in their mana &c
ment, had to reduce their dividend rates
thus causing a 10 per cent decline II
| both the common and preferred share
Of Chicago and Northwestern. They
could stand practically every grievance
and still weather the gale until gov
ernment railroad control and govern
ment supported labor and government
controlled grain crops were handed owe
for them to carry aud this was too much
no that the market has lost 2r3 pc
cent to 10 per cent Of whatever gains l
made last week.
Jones & Baker-With investors an
traders displaying SO much interest Il
the course of events at Chicago an
with the future market trend dependin
so largely on the presidential choice
| nOthlng Dut guinness Wdb W w tApctteu
Recalling the spectacular bull market
of other election years, and particular
the one of 1916. II Is easy to understan
why so many students OF securit
trends foresee another bulge once til
nominees are known and the presiden
tial campaign gets under way.
Henry l.. Doterty Co.-Within tn
last week or SO there has been some
what noticeable improvement in tn
trend of prices Of corporation bonds
While there have been no sharp ad
vsnces, the general bond list, includin
bonds and industrials, has shown a dis
tinct upward tendency which leads clos
students of the investment market to pre-
dict that the lowest prices in fixed in
come bearing securities have been seen
and while there may be for some time
rather irregular market in this class o
securities there should be gradual re
turn to much higher prices. Tho chang
is attributed to the lowering Of com
modify prices and the consequent in
creased purchasing power of the dollar