EVENING LEDGER PHILADELPHIA, FRIDAY, DECEMBER 11, 1914,
13
FINANCIAL AND COMMERCIAL SITUATION AT HOME AND ABROAD-MARKET REPORTS
NEW LOW RECORD
FOR CONSOLIDATED
, GAS BONDS TODAY
Most Active Issue in Trad
ing Prices of Other Se
curities Slightly Higher on
' Inactive Market.
KEV YOKK, Dec. It.-AlthoURli trading
In bonds wns no I active on the Moor of
the exchange today, price wete sencr
iilly fractionally tipuaut and the tunc wits
flrrncrt The most nctllo Issue wan Con
solidated Oas convertible Cs when Issued,
WK),K belnr- Hold, The lust prlco wns
108, oft &a from Inst night's closing, a
new low record This would nppcnr to
Indlcnto that tliero Is a. decrease In the
popularity of convertible bonds .
AVliat brokers are devoting most alien
Hon .to Is not piotpectlvc pilco npnements
but business piobnbllltlcH. Most of them
hfiVC A fixed belief that business wilt drag
for Mine tlmo to coin and that tuarrtlned
trading will be small In olume, unless
some development occurs" which will bo an
Incentive for bullish operations.
Because of this view they are watching
for the ruling of the Interstate Commerce
Commission on the Enitcrn rate laso.
The fccllnpr has become (reneral that this
ruling will be handed down 'before next
Wednesday, and that It will be favorable
to the railroads, although feu hope hat
R Horizontal increase will bo si anted
Features In the trading were Hie con
tinued strength In Ilssourl Pacific 4s,
whlcli Wcro up 1 at 47 Chesapeake
and Ohio convertible -Is rose to 70,
Third Avonun adjustment 6l weio Up a
point at 76, while Colorado Midlands Bs,
which sold at 1Z a. few ila a;, changed
hands at U Rock Islnnd N-ucn attracted
some Attention, tho Es moving up U to
E9U while the 4a loco ' to 27.
All over tho Wall street dlstlict there
It a flood of talk about tho Incoming
steamers having on boafd law blocks
of American securltlci to be disposed of
hero as soon as a market Is. pro ifled A
closo Investigation nnd thoiou&li canvass
of tho bouses with foiolRii connections
fall to furnish an conflrmitlcn of these
storjes. In nearly nil cases foreign houses
In confidential statements cay they hae
received no stocks or bonds from tho
other side and havo no foreign selling
orders In hand.
As a matter of fact tho Stock .exchange
authorities have barred out leading In
ternational stocks from trading on tho
floor, but all through the Inst two weeks
Studebaltcr, American Can, American
Beet Sugar, the coppei stocks, all
listed In Paris, St Paul nnd miny father
Issues- ImVe had a ready market at sub
stantially higher pi Ices than hdve pre
vailed In T-iondon. Theru tins been no
Important foreign suppt;., and the foreign
orders of which actual Unoricdge has
been obtained have all been on'lho buy
ing aide.
Tllo movements of curremy this 'week
Indicated a net loss to batiks of $17,023,
000 on Subtreasury operations, due Inrgely
to the retirement of omcrgenc currency
Banks received from Interior $11,1,9,000
and shipped to Interior J7,S3"i,CC0, Includ
ing) Sl.WI.OOO national bank noted sent to
Washington for redemption. Gain from
Interior was $1,551,000 -Ordinary disburse
ments by Subtreasury wcro 1C,3H.0CM.
Payments by bunks for customs. Internal
revoilue, bote redemption, etc nmountcd
to 157,421,000 showing a loss an Subtreas
ury operations proper of $21,077,0).
Call money was In excessive supply at
I',i per cent,; time money steady at 4
per !ent exchange on Berlin was weak,
with cables quoted at 01 Sterling was
quiet. Demand, 4 8774, cables, 4.8S1J.
FINANCIAL BRIEFS
Transactions In stock through the Now
Tork Clearing House were of greater
volume today than nt any time since
the. Stock ISxchange closed last July,
Twenty-three railroads reporting groM(
earnings for tho fourth week of Noeni'
bei show decrease of $l,B&S,;0S, or 13 37
per cent, from last year, I
N'tv Vnrk banks rctlicl (I.3i!.rjk1 .m.r. I
Bency currency yesterday, inuKIng the
total ictlred to date $1S0 46D,M0. There
Is still $30,000,000 outstanding on which
4 per cent. Interest la being paid. ,
Banks In New Tork gained $5,767,000
from the Subtreasury yesterday, and
since, last Friday havo lost $21,8-7,000.
A Chicago Stoolc Exchange member
ship sold for $1009, up $50 from the last
previous sale.
The New Tork banks transfer ed $J0.QC0
toVew Orleans,
- Heavy oversubscription has been re
ported tor the $3,000,000 Chloago, fit Louis
nd New1 Orleans 5 per cent equipment
trust certificates, guaranteed by the Illi
nois Central Ilallread Company, which
were offered by Kuhn, Ioeb & Co. this
mornlngv -
During Oetober 171 railroads reporting
to the interstate Commerce Commission
and doing a business of over $1,000,000 a
year earned gross revenues of $M0,S,77Q
and spent $176,965,093, according to. the
commission's report. This represents' a
loss of approximately $7,000,000 In net,
compared with October, 191$.
The- reported movements of currency
this week IndlcaU a loss In cash by banks
of over. $17,000,000, chiefly through retire
ment of emergency currency.
Samuel Flelsher has been elected a
director of the Commonwealth Title In
surance and Trust Company,
james jvearney, receiver or the Inter
state Telephone and Telegraph Company,
of New Jersey, today tiled In the Gourt
of Chancery his first report of operation
covering the period from August 13 to
November so. Heoelpts ware JB.HI, and
dliburswnents $t,SB, balauo. IJMtt.
jna my i-oononaaiea uopper ComDunv
deferred atilon on the dlvidejui du tit
. this time.
Brndsueet report axnort of lmt
tbk w)M. to be 8,000.000 busaLii tost wuk.
Wmm bushels, last j-WTSaeSoo u:
lolaTHhea July 1 Wl,T4),08i) bustielj; year
laso. 134,011.000 bushels. Coru8hJpiiUBt
wwfc 7W.&W bushels; last Hk, K
last year, lS.OOa Own' shlDiumt.
sluae July 1 amounted to 4Uf,Sd hWhfJs,
rfHBPrd with 1.047.089 bushels diuh.
Fuia.Mm9 period of IMJ.
The mdeijuiaeiii buadhuUlert,' ccmaiit-
e M ('is uiruiiug&am, Knly d b.
naurofta vomiway for the ant
jtog f vr Lent bonds, la Mfclo ttu
ox iu.. uftiwu TD wi&mUM
I wat Ua&xtetdad iBveMlsmUoii i
k tt now potBbla for the lotumittu
iaterveue m in turtrvlusure sun mj
Uitrani its bohd. u!d ujiui i,
to theu
,if L
11. boa.
1vt sale
lb t Kl.
T.IM ust.i
itfol nt ihe lpsiUil
""" r ri '-cfe4i tf
o i, y i
NEW YORK BONDS
High
ilH
tie,
i04
2C Am Ice deli fl
2(W Am smelt aec n
flVtl Amr Tel ivt 4it
MW Am Writ Paper 5s
row Ann Arbor 4
aw Armour Co 44
iwnw Aicmson gen ss
nrttft .,.,.1..... ..it .
Mi
TWO Atchison evt 4 ithW
wu.; ins oil
lOOS llHIJt
j Ave .r.i
yisjij Aicmson rm .
ISOio Atlan Co I.ln 1st
7HIO Allan CM Line ell 4.. iiW SJii
lino U O P 1. BW V 4s W W
fixo ntit a o ami atis o ni
70iu Hetb Meet rfil B- tVA
aixrj nroowjn H t r luin
ir.m i'ni ri-4 & rcVe Aa.
1ff Cent Utlthtr 1st tt
in'tio tYnt 1'ac lt 4s, ( .
17000 CUM & O CV 4H.
70U 70U
0
mv r ill ivcst is .
twin ffi A N n n pen 4s
SpuCO Ch li ft j joint 4
mnnn i-n II A, o rtn 4.
1IWHJ Cb M ft Si 1' iten 4i PJ
.KOi) Oh It I A P rol 4 7
HiPOO Chi It 1& P col lets LBJ.
)CO ('lev Bh r.lno 4V4 14
40OO 'ol CMKuaim 4t rci in
M,o Col F & I Mnemfwyu. em'wrii iniwju
300-CO con On. ill w I, . lnujj ! J
.IKH) Del A Jllitl 4-.tt)t0 OJ't l?i nvi
.'mo Del A it ml rfd 4 s HI 01 I'V
HW Urn Hlo Or rfil Bf . 4J't 4J .i'4
snoil DrtMll Uiillwl i or, r4
KKHin Hl Sur Corp 1 J'fjj
10WI DuPont Powit 4H- . HJV4 4 vj'i
iii frle conv 4 Rer A . i2 J" J
2000 Krfe coin- 4s Ser 1) g J t "?.,
una l'rl Pi col 4 . S7V l
4MK) Brie prlor.4 ,.... .
4(no III Central rtl 4t.
lllon lnp cv ret 31 pd 0
lieim Intrrli iJIct 4!j
4000 Inlerb It T re? I.
il) Inunil Pflpr ..,,
HW tndunt Al 3-,ii
.(ICO J.k !h dcB 4 t(WS
xl UK Sh rteij Is 1031 i
IIkiu i.orlllnrd fs . ...
lB.Myi touts ft N'h 4n.
iJ-y) Minn A. St t 4..,.t
SOW Mo Knn s T 1st 4,
.1710 Mo Pnc 4 . .
. so mi
Vl'l Sflll Ml),
97 MU 07J
7 ?j. ;
IKll
.100)
100
mK,
ii.
nOiJ
811$
inni no ran oi
IWX) Mi' Pne cong Bs.
nn'k
sriKi Not Tuoe .'".,.
KlOII N V c & Hurt I;
!M) N Y Clly 4 19V
L,lt
:non s t city 4',? iw ;l- "'
iofo V y o
Hjs .May '"'jy.l
wn,i v "V f'llv 4H
rtT 107
1O0O N Y S lU tl 0
0000 N T nny ret Is
10011 UJOH ioo;
:nw
?nr
fill' T
S1H
noii
05
ion
S7
SI4
ta
OM'4
snt
11
lW
snt
c".
nn
now,
02
hlllt
lOljJ
o-'S
'lV
r.ini
ro
mi
sow
USA,
SIS
Jtj
fRl,
411
tOI)
ino
Fill ;
r.n.
.-00 N V Tl Bn 4V4 1ll
Mint Norf A Wcjt ct 4.1"
t,.nn .In lnr I!Unl 48
07
1400O Nor Pc urlor 4i
inon di sen an
U00 Tftnama fl res..
lOtHHI Co cv 1W
2(.m pnns 4 tnfin ,
1000 Publte Hr N J
KKin Ilay Con Copper na.
iiiOO neattlnc Kn 4..
tomi llock InlaBcl 4.
l"(V0 do ''.. .
HKV' Ht I. Swn Sd I 4s. .
MX) Pt I, Poo ft W W J
Ttnon Hoihoard A 1 so) "
."00(1 Ro Pac col 4i.. . .
Rl'l
OS
nn
niH
02
iftili
ot'
r.n(t
no
ml',
C4I,
IIX
sr.
10IW
D2'i
Kl'H
Ml
CO
101.
mil
R3"i
C11
sn
1000 Eo, I'ac cv ... ,
-(.OOO iln c rot fn 5 1WM ?
ltn.
4li
(V-.l,
ll.o HOUlll rac ri -.
tono Houth Hwy gen 4.
.Mono South Rnv con 5i
2?000 Texan rV Ha ...
moo Thlnt Ave ref 4; .
two Third Ao art! r.
JiKVi Tol Ht 7. A V ii
MHi It S f!o re 4j
on
nsi Hi")
7I11& TfllS
.. 70
40
7"
to
1011
llflT.
..nm
..ion
H4t(
n: v h si'i !". '
tmvi t'nlon Pac lt 4
pnn 1'nlon Pac cv ;
"mv. rn ni) fl P '
rny vBlinn lit rf 4
001 Tnh r-oii ,;.
-0iv 1Vh-P Tcr ttl.ct 4i.
ffM Wt riecirlo il
7(x Welt Mil Irt li. . .
1000 TVest B A M cv .,. .
P4H
. . 'IV
m ni4
1H M'i
-.1. ""
mH rs-ii; -.-ij,
ir.w. inos i5J
. ,Tu -.7", Ml
: fW so". R
LOCAL STOCK AND BOND SALES
Open HUli Low 2.30 P I chi
4J I- 42 I-! T !,
1 1ft -rt... Blr.1
ins i:iec mor . . .on
ar.i kv rie co 1 .
ioo ilo riret ii'
0 I.eti Nav t c 7
m tj.11 Val "11
4'i
44l ,U T "1
Ul
73.
HI
JO
HI
mi
751,
IJI
Irt
M
31
f.'-
7Si i
B0 . ...
211
M
34 .. ..
21 ... .
1- 1.
1110 I.eh Val Tr pf M
JiO lVnna ''
HI PlilU Co .-
Ull Phlla Kleo "'.
.1 l'hlla np Tr U
34
12
12
V.
1. "
10 HMdlnX ... . Wj 71"- i;- '3T1
t? BSiK-l. 1 S " "v,..::
0ln. -Xosi
BMnii..ui,.iwi
1000 Baldwin I.OCO 5s. ..llBJl Ifch -t
114S cam eteel.BCp... . JH M fJ
limn 'Jon True N' J 3- .tQ.t.'k 'V,),)t 'Si(!
.1 no ir tii - . ,.. -..
"'It
"
sit;
-rtL.. t - Vm Clrtn entUI 49 JVJ 1
""-;:"'..' -. " m nt
liioo t'lilla,
1000 Phlla,
m ! "'.fi;".,. ilini uti:
: L.. f- n ... Ill
07W
07
H A V 1st Is. 07 111
HALF HOURLY SALES
10 to 10.30 A. M.
Elec 23T1 SO Totiopnh Mill 7
oitt -T Vnn. ... 51
10 Plilla
I! do,
20 Union
2(1 do
Trc.
! .isll 2.1 Tonopah HI In Via
zrv 2i ianiKii vui .
43 do
ift(. 2 Phlla Co 3.1
lvi Ton. riih Hal. 4. 20 inula . wee . .
:7f .v..r-- ,ni n si ii a. I.
s.1
JopXn . . . M 100 Tonopah
11
11 In V,i
:. : In
10 neadlns , Jg!t 10" "-
l?pTo...:.:S S.Avi
v DOND3.
J1000 Phlla. IVllniA Balto 4s
Bono Leh Valley pen Com 4a
1COO Con Trae N J Si
80 Cam fltfel cp. ,.....,
73--S
.101 ft
. MM
10.30 to 11 A. M.
20 Key.tot. Tel. 12'. 20 Key.tone T.I TO
or, (to. . n 51 do, . . . 1JJV1
a p n T 12 3 PWU Co.. 31
11X1
n l Ii T t c 12
10 I.elilsh Val
Art
4ii Ke atone Tel. VI
,lo, . r II
1W do ptd . 0
l&o Tonooah Mill 7':
-.1 Phlla ro. .
N Cam 8t-l
sua 1,....
1 do...,,..
M14
4
M
Si
WO P K T t c . 12
15 Carob Steal sep,.., .v
1000 Phlla. Ualto ft Wash 1st 4a...
1000 Baldwin loco o
81 Oamb Stotl icp. ... .
J5l
: .i64u
... oog
.VI.
11 to 11.30 A. IX.
WHO !.'
100 Tonopab Bel.
83
S Penna
60 U U I.
trr niA.1 a 171 Tononah Bat.
u
ti do.
Hi
4!.
iob Tonopah Mln 74, 310 Tonopah Mln 7
IOO do.-.. 'ti -t,)1 v (r pia
13 Keystone Tel. W lt do... ..... 26
BONDS.
87 Phlla Co atip ..., ,, ,..i.
711 Cam steal cp ,.., uj.
01 ram Btaal .. . ,. U?
3 Cam Meal ...i, .,....,,.. B7
11.30 A. M. to 13 M,
10 Keyaton Tal, 13 6 Panna .. ..,;
10 tiafi V tr pfd, 2 110 H It V t e.,!3
100 PblU Co. . . 31
BONDS.
. 17S Phlla Co aep ....... 01
is to 13.30 p. ar.
KM Keistene rU 1U M Phlta Boo .. 21
S Elec Btorage JS. 30 do 31
Soil Ton itla TD.W lo do... .,..24
10 Ton .Mln. .711-10 J" do,. .,
IOO Bias Btoraia, 40 SO Cam Steal.
:&,
40 Penaa. . . ja
ass
Btaal sop Dili
81:
fiteel tep
vitt
12.30 to 1 V, M.
10 Phil .Elec. . 24
ai KUtystoos Tel.
IUI'L.1
h V ir Tif.l irt
ip Tonopah
'.,' ki.r- --. - -."
i renrta
OJin iu f
T t c...
BONDS.
lO0nailln sea 4s .
fll Oam Steel sep . "f,
COOO Ptill JHso 4
1 to 1.30 P. K.
10 IotBl'4 C. 271, W Nartb Cent
10.1 Irfh Vkl tr.. It' 100 Alllanclnj.
BONPa.
i Keyatona Tel lis
i Keietona.Tel Ut "
f
10 to fl P. M,
8Jftl5jfSft
iw.asw
v
U paaa
BONOS.
S C4H sl sap.
Wta
3 to S,80 P, M,
1 Paiuis .. ..
M 20 Too Ilia
wc-a.stMi... h
T-ia
mv & if t .
8fo"e
m xrSft, m" -9
- Wion mu 'fH io pSKT-T "Si s
87 PWlVap .... ' w
f s-lf.ii'1 IS" I II,..,.
HW YORK .QURB QXTOEAISCONB
Coppi-
ospar
fTPiisalldjIsrI
Oreeo Cani4Ha
18
w-.ii.
...
h
Ik
n
to
2
no-, M
eiDUlns
l""-l (Mi.
oa Bfx ...:::::,";r ti"
., ?. it?? - w
i Ivl HIMIT 1 1 sal a as a T U
tetrlli "Jam ....?. iff
1 1 abed eia-roew . . .
i I IjfLU. .1 fl lUIlil . S9k D a
i Jn from Mwrtas
IH
" i o-iia
. ' -"1 , i7
TELEPHONE STOCK
ACTIVE FEATURE
IN PHILADELPHIA
Keystone Shares Continue to
Advance Cambria Steel
Scrip Scores Sharp Gain.
Increasing Public Interest
in Market.
There was less excitement In the Had
ing on tho Philadelphia tJXchniiKc to.
da), but tho (one tens i!lUi.ctly firm,
and in several Instances jestentay's nil
X'anccs i.ero ex-tended. Kc) stone Tele
phone shnies led the list, crossing 11 de
spite the lack or confirmation of the re
parts of a lease or tho Conduits nnd Mr
Folweirs denial that an) proposition had
been submitted to the boird Kapld
Transit wan another mioiig fe.tturq, ntid
fractional f-alfls were leristered In Head
till?, aiid Lehigh Navigation In the aftci
noun l.lectrlc Slirnj:e Hntlcry developed
itrenRtli, moilmr up to 19 nnd Tonopah
wad nlso active us u result of tho nr
rnngument with tho Mlrpah Company
Attention was nttrncted to Cambria
Steel dividend scrip, whlcli (or sonio tlmo
has been iuIIiiu uulet mound Wi This
flhomlng it suddenly developed activity
at rising prices ami crossed 81. Philadel
phia Cuitipnii), nftor lalllns a point to
M, rcroiercd its loss Announcement was
made by the Stock TXchange Conimltteo
that the minimum price oil Daldnin .o
comottvo common had been fixed nt 41 cx
dlvldend, nnd the prefened nt 1W. ex
dlvldcnd I.0C.1I brokers look -for a. steady In
crease In public Interest In tho maikot.
Thoy expect that tho opening of tho
New York ExchnnKe for trading In
stocks tomorrow will bn a silmuliiB In
U1I1 respect. Meanwhile nttendance at
commission houes hns been -itcadll)
growing cvrt since the resumption of
business on the IuchI exilmngc, nnd the
volume of transactions has Increased pro
portionately So far there has been very
little speculation, most purchases having-
been made outright for Investment.
Tho clcarinc up of sovcrnl lnrso ac
counts which hav'n been hanging over
the market ever since July hns been a
most encouraging development.
LOGAN TRUST CO. CHANGES
Walter H. Llpplneott Resigns Vice
Presidency Wm. Bradwtvy Elected.
AVnltor II Llpplneott ha resigned
from Ihe vice presidency of the I.ojraii
Trust Company because of bclnjc enfrah'cd
In the li.inklnp huslness Ills resignation
was nccepted ultli rcsret at a meeting of
the stockliolders nnd William Hradwnj
elected lo the vnLntirj, his title heins:
vkc president, trust olflcer nnd treasurer
John II Wood a elected. eetrctary
The retlrlnc directors, J Qlhson Mcll
vali lMmund Webster. Charles Major,
n I.uwience Kcll nnd Walter Clothier,
woro re-elected for a period of three
years.
NORTHWESTERN SELLS BONDS
New York Bankers Take 810,000,
000 General Hortgngo Gs.
NEW 1011K Dec.
11 Tl-o Chlcsso ami
Norliiwcstern iinun;
ARV
Company has aold to
Kuhn. IJlpb A Co.. JIIO.OOO.000 crneral mort
kegu twiitla to bear A per cent Inloreat and
1110 In IDS. Previous laiuca of these bonda
havq borne Interest at tho nun oC .JVi por
cent, uml 4 per cent.
La.it Ma)' the com.inj sold t8.000.000 of
these bonds bcarfnft lntereit nt the rato of 4
per cent , and nt the aaroo time applied for
authority to Issue S2J.713.0CO ot those bonda.
of tthlcfi SJS.ITO l0O wero to bo used In 11IIS.
101(1 nnd 1U17. Tho present issue la for tho
purpose, of refunding; $!J,M2,ouo 7 tier cent,
sinking tund bonda of the company maturing
rhruary next. It la expected they will be
ottered on a basis between 4.W3 and 4.00
BANK EXCHANGES FALL
Total for Week Show 4 Per Cent.
Decrease From Last Year.
The total bank exchanges this week at lead
Inir cttlea In Unltsd Slalea according to
Dun's Tlevlew amounted to only .'.377,72.'1S3,
This Is a decrease of It per cent, as com.
pared with $2,707 437.724 In same week last
eir anil a decrease of !. 1 per cent, as coin,
fared with tame v.eek In 1012, nhen H.2U3,
550,010 was reported
WAR BISK BATES BBOP
slight decrease In war risk Insurance
was made by Boms underwriters upon
the confirmation of the destruqtlon of
the German warships In the South At
lantic. The rates for South America and
Central America, which were quoted nt
!',4 per cent., eased oft i per cent. The
North Atlantic rate of 1 per cent haB
not been changed, but It may be nt any
moment, as It Is rumored the Karlsruhe
Is making her way north, to prey pn
commerce. '
MONEY RATES
Philadelphia. ,. .
New York . .. .
Ho. ton
Chicago ...
1'hllkiUlphla-Loiumsrclsl paper, with three to
sis' months' maturities, 4 to B ptr cent,
. 4
BANK 0I.EARINO3
Bank clearing today compared with vorra
bondlnc day last two swirs
mL . JWi- .? J
1)SSarP fKU.MlH
New York. . 3;aa,487 irn nkS.wa 4ll.KKS.7f
iUI-r... 5.T54 ,88,79 ,13,7i
-1- Wyi'llPPIIisi Ij I I I.
Reserve Banks' Discount Rates
30 Ml
Day. Days.
tVw York
Pts4l6U
.-;.,.
SB
,-m-
Ilatka
gap Fraitoiaou
.;:::.:::::
NEW YORK METAI,.MARKBT
KBW YORK, 8e. .-Tradiny was wir-
rjr ,w m Hm T9rt Mem MaWwt.
PrUMB warti awtt4 m tyllews: Tta, JW,
mtc ; toad. XVm-m i wrttw. i.Vtwme.
MINING STOQK QUOTATIONS
TONOt-AH mOCKQ.
aid
Bullar
rifcawra
8K5f
uetrtpU trrooK
!S-s
Ji
an
u
ai
10
$
us
85
03
Bullde,
u
SOdf.
fell. Time.
8 Jlb SuF
tfOSlVH
Chleass
8t. Louis
eiiveUHU
AjKg.
m&
MM NaASra, . ...
MBgiijfct
aatna-sa
E
s-saue rTfto . .. .
IlUuudnVd U B
Sciiisld CetualMl4 .
OolslsUld Mw-swr
Jmsibd sTSBjasusHsBi
rtlW
Oro.
iiiiti Hak :,x,
uaiau.j
t.f4i Wasuja
FOLWELL DENIES REPORT
REGARDING KEYSTONE DUCTS
Snys No Proposition to l.ense Wns
Mnilc by Philadelphia Electric.
Nathan T Folwell president or the
Ke) stone Telophone Company, today
look occasion to deny the report so wide
Ij spread In the past few diys that the
Philadelphia Electric Company had made
a proposition 1o lease the unused -pace
In the Keystone Comphuvs conduits
Mr. Kolwell stated that neither the
board of directors nor the executive com
mlttee had icceived any such plan for
ronsldcrntlon, and that ir anj thing along
thefco lines had been done by the officers
of either company It had been done pri
vately PHILADELPHIA TRADE QUIET
Prospects Poor for Obtaining Supplies
of AustrrtUnn Wool.
Utile change Is reported In the gen
erarcondltlons of Philadelphia trade. Ac
;ordlhB to Dun's Itevlew, the local cotton
business Is quiet and unsatisfactory.
Prices remain about the same, and no
clmnse Is looked for In the Immediate
future, In tho local wool market no
new features havo developed during the
last week, nuylnc Is. as a rule. In
smalt lots for Immediate use, nnd manu
facturers, ns a rule, do not show any
desire, to anticipate requirements. Sup
plies are light nnd prices well maintained
on all deslraLle grades.
Tliero appears to be no change In the
situation ns far as the British cmbnrRO
on the shipment of wool Is concerned, and
tt appears propects are no belter than
they were a neelc ago for obtaining sup
piles of Austialla wools. South American
wools leportcd ns firm, .tilth a gdod de
mand from Europe, which hns had a I
tendency to Increase prices. Trade nmong
the shlrtwnlst mid dress line Is generally
quiet. Clonic and suit manufacturers
state they are doing- little or nothing, al
though they havo mado preparations for a
good spring business and hao their lines
out
Notions, hosiery and underwear Jobbers
have been fairly active during tho last
month, nnd In this particular line tliero
Is n slight Improicnion In collections
Wholesale dry goods houses report but
llttlo change In business conditions.
Men and boys clothing manufacturers
have repotted the season's business only
fair, tho trade buying cautiously and col
lections slow Among local manufactuieis
of goods tliero appears but little Indica
tion of Improvement In business, although
some manufacturers report the are fairly
well engaged, but this condition appears
to bo only In spots
Conditions In the hardware trade at this
time do not show any particular Improve
ment over that of last week. It Is tho
impression expressed by those consulted
that a greater feeling of confidence l
being shown than heretofore Gcnerall)
spanking, the outlook for Improvement In
tho near future Is said to be good. In the
dopiirtment of collections there Is no ma
terial Improvement to bo noted Somo
quarters report collections as being bottci
than heretofore, while others express the
opposite opinion
NO'JAES OF THE RAH,
The Mnlno Central has ordered feven
Mlkado-tjpe locomotives from the Amer
ican Locomotive Company, for dellveiy
next Kebruarji
New Inquiries for six. Jllkmlo and i
raciftc-tpe locomotives have been Itsued
b tho Nashville, Chattanooga nhd St
I.ouis nnllvvay.
The Interstate Commerce Commission
today ordered an Investigation of condi
tions and practices attending the trans
portation of shipments on all railroads
In official, Southern and Western classifi
cation tcrttltorles, made under the so
called "nesting" rules. It Is tho purpose
to adopt a uniform rule. If practicable, foi
the three territories named.
During the month of October 171 rail
roads reporting to tho Interstate Com
merce Commission, and doing a business
of over Jl.OOO.OOO a year, earned In gross
operating revenues $230,82.1,770 and spent
175,865.033, according to a statistical bul
letin Issued by the Commission today.
The figures represent a loss of approxi
mately J7.000.000 In net operating revenues,
- -.-nvl nl.l. .l.A mnnlh ,,f n,.fnlta
"Vu ",c" " " '"" "
1,13
, . . . , ,
Proposeil lncreiise In ratea on packing
house proiluctH, fresli ineati and other
.. . .. ... . jj.-
nr ICiea iranaportCQ on peuumr cars, ui
rnnroaua nperuuiiE iiuiu iiuin.a in mini -
homa to Ht Lou s. Kansas CItv. Btoux
City und Chicago, were suspended by the
Interstate Commerce Commission today
until Match M.
Increases in rates on dried beans (uud
eraln proposed by the Michigan Central
Itallroad from points on the Detroit and
Mackinac Hallway to points op the Mich
igan Central and its connections were
held by tho Interstate Commerce Commis
sion today not to be Justified The In
creased rates would have resulted if tho
Commission had appioved the cancella
tion of tranlslt rules and charges on such
trafllo.
The Philadelphia and Reading Railway
has swarded a contract to J 13. Trexler,
Reading-, Fa , for alterations to engine
house, boiler house, etc, at Bridgeport.
Pa., and has also awarded a contract
to C. II. Relmard for the construction of
bridge Jfo. 31, north of Vlrginvllle, on
the Schuylkill and Lehigh Branch
Philadelphia and Chester Valley Rail
road Company has awarded tne contract
a. &. BL AIDnilslra nt Tfaoillntr Pa in
1V1.j w' .' ..." v.. ... Yr'i,
tUVU MtBv . w.w, t ,.- j ,-f
on the Cedar Hollow Branch.
DIVIDENDS DECLARED
r!alifornU Patroleum GorDoratloo.
regular
quanrly lt per ctrtt. ou praftrred, payi
Jiliuirr 1 to stock of record Dscamtier IB
'.us
Atnerlcan Cltlw Company, reiular semiannual
?! par "' a preferred, payabU January 1
o stotk of record Decsacber 31
Pasttrn I It ht and Pnel Company ruiar
quarterly 3 par test . pa vails January S to
took of .ecord Deoamber Is.
Awatotn Iron aud Staal Manufaolurlnr Com
pany, usual IV per iat. quarterly on preferred
M coanmon payabla January 1, ISIS, ta stock
of record Oacamber 10
Ball Telephone PompJoy at Canada, regular
QUanwb i pat cant . payabU January 13 to
stork ut record Dtnetahar II.
TJntte.1 Utimiaa. rigijar quaitarly 1", per
east, an preferred, uu.Wa January 1 to stock
of rco4 Jauar le.
Ainarkaa UU VUlit I'uu.pany, tl 10 par
Sbawlagaa Watsr and Power Company reg
ular quartern of 1V4 par ceu , nabla Jan
uary 11 to stuck of rsuord January -
NnajU roosolkUtad Oocoer Company, reg
ular quATlsil dlM oai, Mysvbla DecemUr Jl
19 atack of rtHXirJ PpliiTljlas U.
SutU. and alupariar cenuajr, regular quar
irti 7 cents, paygbu QCembar u a atack
of record SaoMfeT 10.
maa uopuer v-v.wew.ar, jagwaj oaars any in
a, Bftyatie i-Ktigtw an ta stock 04 roor
Copper CauMsy, qusrUrly BO osoU,
rurimrBlr tl to aincl: of record n.
lg
enlulni KiptolJUlnn Coninaoy regular
POREIQN EXQHANQE MARKER
NSW YORK Dc 11 -1W fuadga exthani
snu. tavuuL HMt wan auuta
.7 Ci. i
nnru. ebi.
auska aeu k o
Svigair tUtf OW
tuHe. oto tl IWeWau aiiaa
irSuUtylluc1sr gliSJ
trade di-.i.ujnt at i -. "yi"
Lrtiustldel Cowpsuii 13 rlu,.rt..Trt u ea
uuLfkat waa
WMH.ii, t-JM. fM&M
caojas. e.ta-11. omiiassa. isnct
1U. deouuii m
& the attrs0on
on demand aasl i
' -
WHEAT OPENING
A LITTLE EASIER;
RALLY FOLLOWS
Low Temperatures in West
and Southwest Lead to
Fears of Probablc'Damage
to Winter.
CIIICAOO, Dec. II. Wheat opened a
little easier this morning, but milled he
causo of low temiicratuics In the West
and Southwest, which led to fears of
probable damage to wlntei.' Trade was
not large. Turther talk of peace and ad
ditional facts regarding the British naval
vlclorj In the South Atlantic checked
extensive buying, as did ndvlces from
Mi pi poo! emphasizing the lellef to com
merce In the South Atlantic, which was
viewed with great Interest here Tho
Italian Um eminent hail bought 11,800,000
bushels In Argchtlna for forward ship
ment The Atchison load ngnln has
placed nn cmb.iigo on fuithcr shipments
to Uaticstun.
The area of wheat In India Is extensive,
with tho weather Kcncrnll favorable. A
cable from the t'unjaub san there hns
been nn Increase of full to pel cent. In
tho nirenge Last tear the ntea was
officially placed at 9,000,000 acre.
Word wai received that Greece would
require .'iO.OOO tons of wheat n month
Shipments from Argentina for the week
were 72,000 bushels Tho visible suppl)
llioro Is 2SO.O0O buihols The market nt
Liverpool wns quiet nnd firm on fears
of damage to tho crop In Argentina by
cold weather and on firmer Plato offers.
Coin wns firmer, but offeilngS were
light Heavy feeding will be neccssnry
In the rorn country from now on Offer
ings were smaller from the country nnd
receipts were lighter The visible stip
at 90,000.000 bushels
Oats were a little firmer, but business
urn qulot. Supplies abroad nre small,
but the new Argentina crop l being
offered freoly nt fair prices nnd this Is
tending to keep buyers conservative The
exportable surplus of Argentina li placed
nt 10.000 bushels
Provisions declined on a bieak of
13c to 20c. In hogs.
leading futures ranied ns follow
veiieruay a
Wheat
December
May . . .
i 'arn mow
December
.Ma)
Oats
December
May
l-nrd-
upon liien
-MY, 121
Inv rlii... rtone.
I 13!, t lll'i 1 HI
I 2u','12U,tl2IW,
ieiiver
I.I
Itll,
b'l'j
)'h
tl.il
t47,
31 '4
tl,'l
40',
,'it'i
47H
47.
Janunry
Mnv
lllbn
1 inuan
Mi)
1'ork-
D (12
..tOUJ
0 72
0(17
II (.-
II US
9 73
lllirj
17 S2
18 27
1172
II 117
!1 7-i
10 07
II 117
H72
10 02
II.7J
III 02
1177
111 117
Jnnimry
.3
17 02 17 1
1M 40 til 17
liny
I II J
n;
1H 10
t.knl
LIVE STOCK QUOTATIONS
I'llIf'KKl nr It IIOOH necelnts li
OOO .Market l&giOc lower Mixed mid bulch
cra. 10 IM7 23. ool haivy, W UK37 20. roiish
heavi, 10.43atllt(i llSbt, 45Tf7 2f; pigs. B 2.1
tfil.IV bulk. fU7.1tt7.lii. CA'lTLE-necelpts,
4100 Market sleadj Ileevea, H 4(Mf.U..I3
cons and helfera, f.l..10Os.r,n: ttockera and
fecdera, S1.MOU81: Teraus f.TJnifSlU calves.
fSOP Bli HHUUP-lleiolpta,1 12.fn Market
strone Native nnd Western, fl.oOfifl lamba.
f3 1SV8
Philadelphia Markels
GRAIN AND FLOUR
WHEAT. Receipts. 128.102 bush The
market waa firm and "jOlc higher txport
Inquiry was rair, nut uemana irom minrin
ivu. lutht Quotations Car lots, In export
elevator No 2 red, spot and December.
1.17",4il 19, Nn 2 red Western, f121i4r
1 Jiu . No 1 Nurthern Dululh ft 27'5
1.2H.
COHN. Receipts, 31,001 bush Ofterlnis
wero moderate and Ibe market quiet ui
former rates Quotations: Car lota for loca
tionNo if yellow, old S1081o : ateamer
jollow. old, HiHiHuSlt . new yellow, as to
quality,, 0UI&70C . new cob, per 70 lbs., 07U
(18c.
OATS. ItecelDls, 13.143 bush Trade was
l-...l K.I, nrlAH rilled Steady Quotations.
Wi' 3 white' 8W5440. atandard white. WW
' MV4e ; No 8 white. BJUjMBae.
I FJ-OUH. Itecelpts 2181 bbls and 3 281,
713 ibi in sacks Trade wa slon and lha
market was unchanged Quotations per uiu lb
. .am tl'lntar fRAV Si .31.1 IK) IMI
."'"? '-. do , pnl.ni 'f.1 WW3.76
, vjaneaa straight Jul" aacJia o .uo .u
do
-......., I,a .l,k,
14'i4fiin snrlnc flrt i
uiHli.1.1 U '!'A1 IJI rift
clear. 13 IOB no do straight fl !i w,
h do,
Uolf
raterit. K o'lfflfl W o rawwuu orunu.
! tu i. mm. , hoice nnd Irulv oaleut.
oto! city mills regular sradea-Wlnter. clear,
1.7B$4 60, do straight, (Jo.;o. uo.. patmi,
't$S: TLOUll was quiet and without im
portant change Quotatlona nearby and West
ern In wood at 3.10f0.
PROVISIONS
Tiade aa quiet, but valuta were ateadlly
held. We quota City beef, In sets, smoked
and air dried. a)tJ30c Western beef. In asls.
amolted. ItldBOq ttty beef, knucklaa.. aud
tenders, amoked and air dried 308aie . Wt.
arn beef knuckles and tenders molted. Ma
31o.i beef hama. JSOO'IS. pork, family, 1.4
US, hams H I. tured, loose, lltflH-u do,
skinned, loose. IIMfH. do do., emokel. 1414
IB . other hams, amoked city cured aa to
brand and average l15Hi. hams, amoked,
Westfrn cured, loejlfiVjc Uo boiled, oone
Iss 04'.'U , nlcnlo shoulder. S P. cured,
loos UMtlJc , do amoked, 15?,iac : bel
lies. In pickle, according to average, loose.
11ViIiSc , bieaLfast bacon, a to brnd and
average, city cured 1040e breakfast baron.
Western lured luessic lard, Vtestern, re
fined, tierces, lt'illll'ic : do, do, do., tuba,
llUfiUHc , lard, pure city, ksttt tendered. In
tltnea, llUffimc laid, put lt kettle rea.
dered.
n tuoa. llMJlfc
ItEFINE DSUGARS
I It
lthl'INtll MltlAllS. Trad was slow and
it lirleea were redULOd 25 DOlnta llemiera
lit prtCM were redULd S3 points Uetiiwr
, j(1j
Hat I'rlse standard granuuted 4 PUV fine
giaoulated, 4 So. poKdared 4 Ui. icnfec
tlonsra' A I 73c soft grade, IV I Wo
DAIRY PRODUCTS
BIT1KU. Panii goods
were
wall
ssly and Ann with a fair detna
ttd
uua-
tatTona vltataru. fri. eolld-uauk
eraw-
ry, fgn y specula. 34k' , esira. Jit:,, ex
tra flrets. 'UtsXti Urals. itoMlr . seconds
tra firsts. WiVk flrets. 30lc
z8e . ladle-patsed, i'irc , as lo qua my,
nearby pi-lnls. fancy, 37c . aa average aitra,
aaMc . do . flrsu. MBc . d. hShU. -4
Sue Special fancy brand of prints Jobelng at
4J r
UUliH. .e'reah egga were a llttu more
plentiful and lbs top rim waa uuaattlad wllk
buyers Indifferent Quotation la free cat,
nearby extraa, lUil.c per deg aearby Dru
till 40W13 uer aundard case, uearby current,
re.elpl. IkU-SOsJ 11 10 jpej; standard caaa, Wa-
Itelfffe 'oit4tMioM
Sr ia Hefrlgaratar eggs, choice ta fancy
11 peTkad. Till, do.. , Sejrliie pakd,(
Soc Fancy selected caadtad frea t$ war
ioobed out at 4tKf.4aV par do.
CHKHfiK. The market va quiet ud
in war moderate but anapU ottering at
fee-Mr raise Quotation New Vert, lull
cranu, earlUr receipt, obojee, Ifc. , do., 4o-.
aurrant maae. enole. ItajtlStsjav, do., do.,
fair to good. KHtfltc , do.. Bart aklwa.
8lc
POULTRa"
I.l K. t'bolt. MhIi sold fairly and was
well cleaned up at Brm price. Quotations.
Fowl, inane . eaceoiinoat tots higher, old;
roeecer ivajur . epruig nss asn
lo quamy. UBia ea
tarkaya. UJ 12 . duilt
14a , guineas young w
arise, par pair lfc i
apiece per pair 606 b
pair 4IK pigeons par
lllttUsal.il Ueruaud was ouly uiodsxat
bui ,lu were ell auiai&a1 on fano
daalrable alad coi.k of moat aaarlptiona.
ostwtnna of wiilcb v-eie Usbt. Uuntntiona
ura, my t aj "sun large uearky
La ktfU
dt WeaLeim 21c
average reclpta
Lnlcrier
Ileal Sc N
- oia igc
ett-i.d naav
MS ii boa
j ooa dry oaefcea
unb. weicti
OJi-a e'-IJ Ilia Si.1,. , 17
i &a aploo if
I.;,, do B. lb- lic
I U1.4V I U I K . EU
VI-Bsus-
ealam iin fin seal
(. Ac do 4 lu la.'
ISHi. : do S lb aud undeg 11 I J
rouelare. drs Lacked l-. LiuUI
Vu pk. I tl nl; i 1 t - .. m . tft
telr lo aood Kb.'ik W, iLe-n 1 IA s iij.
' .- TS '"". b. I. II H ... ,
wSnans'ta
.air I5B1SK
i eo 4
Aat BsbbIsb..
-IfVl
tag efctrting
49 ibe lo itnr , lBBSlc rorn-fed, 18 la 24 lb
to doy , 2() 2tr , iorn fed, 28 to So lbs. to
I iloa 1!it1i milk fed at to 36 lbs to doi
I llUC I fntlk.fd. AT 1ft 49 IK ttt An flu..
ir. -.;, ."'.-,. '.-... ..- -.?..
I muii, ,,-u n. in 1. Ill: lo UOJ!
1.11. Milk
ipii n ion in ant . J
milk hi. an ibe. and
rn er tSo , corn-fed, '11 to id lbs to doa . 13V4
Nc eern-fed, 17 to 48 lb t de , f3ffl
1JC i corn-fed. 43 to 47 Jba lo dos. 14UA
l t . iorn-fed. IS lb and over to dot., life .
dot.
n
rn.rd. no Hh. unA
over, I7e. , rcssllnr
cnitsena dry-packed In bbla Weatern. milk
fed, dry-picked. 0 lbs. and over, 1 7c, Western
milk-fed, 4 lb 10e , wxiern milk-fed si
iw.. iiri ivesierii. milk-red, dry-picked,
S'.'.-S1.. weights. 1ianie . Western. mAk-fed.
3Uif3 lbs, lit IVestern. rorn-fed, ft Ibe and
over. 1c Western enrn-fed. 4 lbs., 15e ;
yvesleln rarn-feit dry-nicked, mlxeil welehts.
He i western Lorn-feil. St. lbs . 14c. i West
srn roin fed 2cj3 lha
ducks. I491.V rrlnr
lh. 13 Uc Pprlhr
Hprinr sree l2fjilJe
NquolMi per dosen Wblie. nelahlnR It to li
Ilia, per ilosun, .?i94lin while, weighing II
to lu Ihe per doen. $33 (10; white, welch
Ins: lha per down, .T5o20! do, 7 lb
n-Uf. M2 lo. do. OiRrtH Ibe. per ilos.
25M1 30, dark nnd ISO. 2. 600.6JJ51.
FKESH FJtUITS
Tline una little trading: and prices nere with
out Important chanj-p quotations Apples per
bid - lonathan, f Itf I 50 King, fioe 2&tl)ald
wln. S173(!ro, Urcenlnc. J1.7tvi7r,. Spy.
$1.7S2 wi. l'lppln t 7Vfri 73 Tork Imperial,
1 8iyj21K) other good eatlnr varieties. II 71V
IS W medium, SUMTiO. apples, Western per
u,ia eivri w, nppio",
per liamrer, fOBCOc
lranjtfs, Florida, pr
ikix aiwi W, npnies, uciannre and I'ennu ,
l.rmons. per rot, 9 i-r.
Ivor ll..V)9U CO Tan.
sorlnes Florida per slrap t2 IWB1.50 Ornpe
irult, l'lorlda, per box l.00fll ,V Plnoap.
rles. per crate Porio Itlco. $1 2,f3 23, .Klnr
ion, iaj
V0 t'ranberrles, fancy late varieties.
per l.bl, SIBt o
lllnek, per bbl
t:r.ir berries, rstl
L'nim i"od.
Borly
MfM Crnnlierrlea. Cn
nm
Cod,
nrlv Tlmck. per crnte. 7.,
nr rnili, T.I..PI1 7,11.
fmn ber
rlea, Jersey, per crate. 7VWM 21 rears,
ork, tier bid -Meckel, 'iflias, Ueurro Hose,
JlfflSO Sheldon, Step llenrre rislrgesu. 32.30
ifr i mi nrurro ii Anjon .'jir.l... uuciia.
HiSI: Howell tiiil M. other varieties. 7-'t.l.
VEGETABLES
Thi nasi a fair Inntilrv for choice
ctirk and values ncnernlb were well
maintained Quotnllons While potntos,
per bush - Pennsjlroiila. r.S62c, New
lork, 4-i7n2c . white potatoes. Jernev, pr
nnsket. Ti40o. . aiveet nnlntne ILiatern
Hhore, per bbl No 1, f2C.t2.78, No. 2, f 1 &0
fit 1 7, nneeta Jersey, tier bbl ".n 1.
i.(ifM, No 2 I22.2:! sweets, lersey,
I'cr nnsKCl, nutQibC.
Onions, choice, tier
uiiMi iiii tr , uo
ordinary, per bush , IKH"
r too lb bag. SI 211 r,0,
l, k . 00 choice pp
do . medium ner liKl lb !n. Tc tHSI do . ace
omls, pir '00 lb tmir wtti.V I'abluiRo, do
niMtlo per ton f7fi4 do, Danish, per ton,
$1ti,fl2 Caulinower, New York, per crate. 7
fi5l 23 Hplnoch, Norfolk, per bbl . 1W1 2.1
Kale Norfolk, per bbl 7r,fl0Oc lettuce, Flor
bin, per basket S121V2, do. North Carolina,
per bsakrt, "lff7.1r llesns rinrldn, per baskot,
2ifl 'li Kwnlant. I'lorld.i, Por box. $2U3.no.
Cucumbers. l'lorlda. per basket. St 7.14T2 .lO
t'liuanh, l'lorlda. per bnsket, Sl.f.lfl2 Celerr.
New lork. per bunch. 2j-tCc Muhrooms,
per 41 b. barket. )c flll 50.
NEW YORK BUTTER AND EGGS
NEW YOBK Dec It -nilTTCtt-Marhot
ntcad lo firm receipts r,oMl packaacs Cream
erj eslrn, S-lfTlliic hliher scoring, .lie ,
Hlate dairy ,11ifn2c Imitation crenmery, 21
C23e
IUIQS Market Rfncrally Bteody, receipts,
.11&1 casea Fresh, ottra, flraU. 4Jtll2c, fresh
firsts 'iSfMOo . nearby whites, MW.0c , nearby,
mixed .'lUlMlr., special marks, 23c.
RAILROAD EARNINGS
CANADIAN rACIPIC.
11114.
Plrat neck December fl.'iAKlo
Prom July 1 . . . 40 2.H.972
Decrcaae,
1, 211.(100
1,1S2,OIIO
$11,000
R.17.0.M
.11)11.(121
si.ns.i
i.-wi.r.iK
(17. u PI
MlHSOUItl PACIFIC
Klrot week December . l . 143 OHO
Prom July 1 . . .27.07i.77r.
October gross . 2..17S Mil
Net ... . M 124
Pour months' gross . 10.Mli tri5
Net . ... 2.712,821
CHESArFKB AND OHIO
First week December , J 64 Sin
from July 1 .. .17,220,20
Increase
0O 447
7,1.1,122
GOVERNMENT RECEIPTS IARGK
Census Bureau Report Shows In
crease of 52.3 Per Cent. In Ten Years.
ASIIINGTON. Dec. 11 Itecclpta of
the United States totaled $,H9,8I3,6r) 'In
1913, the Census Bureau today -reported.
This lias 52.3 per cent, more than tho
revenues for 1903, which were ? 1,313,618.510
These figures were obtained In n special
census o the financial statistics of thp.
"Federal and State Ooiernmcnts. Pay
ments of the Natlontl Oovernment last
jar were Jl.997.872,64'), compared with
J1.2M,872.109 in 1U03.
Somo of the chief Items of revenue re
cf.lpts for 1913 were special property taxes,
JI3,?j3,23l; business taxes, SU.1,384.816;
Ihiuor licenses and other Imposts. f2S0,
11G.3S2, gross earnings and public service
enterpilses. Including postal receipts,
270.7l)3.031.
Awaiting Cotton Reports
WASHINGTON, Dee. 11 Intense Interest Is
I'lnv taken In the repurt of the iimtiis Uu
icau, comlnjr out Monda. ai to the consump
tion of cotton. It la believed th report will
show that the consumption of tho staple baa
Increased remarkably In the last lortnlght and
that, despite the lTtiropean War. the cotton
longeatlon la rapidly bolns rclteied. The cen
sus officials are guarding tho report Jealously
and decline to discuss tho figures
NEW YORK COrPEE MARKET
SEW VOftK Dei tl The coffne market
opened slead, with prices off S joint.. ,nles
K bags December II wile. Ltd, Jantiar
n.Mc bldi February. 00c bid .March. 77i
bid, May, .0lc bid. June, C7l-sj.Oc., lull
7.70t.. beptember, 7.7S4J7 Uc . October, 7 fc'h
bid, November. 7 0Oc bid
11 a. m May offerid OOSc . December, il.40c.
bid.
lit m May offered ') OSc
1 p. m. May offered BOJc . July offered 7.09c.
Reserve Bank Governors Conferring
WA9IIINOTON. Deo 11 Governor, of al
tho federal reserve banks, oicept 'Archibald
Kaius, of Ilia San 1'ranrleco bank, today con
aldered the problems confronting them In the
operation of the new banking system, partic
ularly the Clearing House problem and the
matter of admitting Hlato bank and trust
companies to tho sistem Mr. Kalns wan
represented to a C Hordwelt, casbler of tbs
San Kranctsca bank The governor are alt.
Hug In eiecutlte seaalon. and so far bate d.
cttuea ta discuss tlielr aethltles in any we.
BAR SILVER
Bar siller was quoted unchanged
at 4Si'i
pence In laindon today. In Xew York sllvey
waa quoted at 49, cent and Mexican dollar
at So isnla.
GOVERNMENT BONDS
V . s of llgfl. rg
I S i il 1M0. oau
I'ana -a. lag . . .
I'aua tt uw
Vsi.ua. new ta.
Pans, new J
l- 8 i IMA
lUll
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rg
rig
ti sis or
11 3 4a al
II S is of 1
AGAIN BANKERS' SECRETARY
Kloa Re-elected by Counall of State
Association.
I) S- KIoh, oasllior at tit KirM Nation
al Bank, at Tirooo. waa totUy r-elut4
secretary of the Pennsylvania. Ban,'
AaUMCtntlon fur tha 17th tint, at the
Do)Uibair mooting of tba CoututU of Ad
uibaletrutlon or th oratulaatlon.
About 36 up-HtaU bauiker atUn4 tba
uiaating, wfaicb vva held lo the Btllaviig
Stratford, aud tny were all optomUttlc
f coudlUoog ll
GH&NDLER BE0S.&(9Q:
I
Beg to announce tbat, they have tbu 4ay takjt $yt
tht buineis of MKSSRS. EDWARD IWStT
COMPANY araUpv itjtwved tbafap KW YKk tce ,
from III Browy to 34 Pine Str-t
e ttmmiktAti
fcassasp ?ss!i e-SsebASUKSI
WALL ST, AWAITS
EXCHANGE OPENING
WITHCONFIDENCE
Financial District Feels Sure
That the Experiment Will
Prove Entirely Successful.
Lively Interest in England.
NKW VOttlC. Oec li-Tlie KVehlns;
Sun In Its financial review today sajs
"Toinorrow'a olTlolnl resumption of
stocky trading naturally outweighed All
other considerations In financial circlet
today. While Wnll street showed it dis
position to await de.clopments, leadlnst
Ilnanolal Interests nre confident that th
experiment will be successful Al no
tlmo since the outbreak of war, which
demoralized the financial machine, has
sentiment been more cheerful than It watt
this morning.
Much Interest was attached to the day's,
cables from Lnmlnn wiiti, t...ii....,i .u
Ively ntlcntlon wns being given by lend
im? nngllsh financial authorities to the r
upcnlUR here It Is Intimated that on th
resumption tomorrow depends to large ex
tent the early re-openlng of the London
Hoard American securities- In the Lon-f
don street market nre reported as selling
soincwh.it above parity with New York. ,
Bonds were ery quiet today with ir
regular changes In quoted valued with
in narrow limits. A few of the leadlnar
propertles sold fractionally above jes
lerday'a closing- Standard listed stock
put through tho Clearing- Houbs Com-
...,..cu were Bicauy. incidentally this
was the Inst daj which the Committee
will supervise transactions in such
shares As sell above the fixed minimum.
Short term noteo continue in demand
nnd as bearing on the Improvement In
the Investment market announcement
thnt an Issue of tf.OOO.OOO, S per cent.
equipment trust certificates of the Chi
cago. St. Louis nnd New Orleans Rail
way had been heavily oversubscribed
wns nn interesting development. An
early announcement was expected on the
JIO.COO.DOO long term 6 per cent loan or
the Chicago and Northwestern negotiated
with the road's banlters.
Money was steady on the approach of
the Stoclt exchange opening, which li
expected to influence an Increase in the
borrowing demand. A contributory
c.tuse was an Indicated loss of l7,(X00u
by the banks on the week's operations.
Ciirreno movements since Friday last
shdw a loss of t2T,SJi,m by the Clearing
House members on Subtreasury opera
tion, offset partially by a gain orJ,!)50,.
000 from the Interior, Cancelation of
emergency currency play an Important
part In the operations of the banks with
the Government, Retirements of J,S-3,-000
Aldrlch-Aeelaiul notes yesterday
leaves approximately but 30,O0O,00d of
the original Issue outstnndlm-.
J. H. ROTHERMEL ACCUSED
Clerk Alleges $800 Fraud In Readlnff
Congressman's Committee.
"WASHINGTON, Dee. 11,,-The Depart- ,
ment of Justice la invcstjteatlne; the ex
penditures In the Committee oa Expendi
tures of the Department of Commerce.
Representative J, II. riotliermel, of
Reading, Pa., Is chairman of the commit
tee. The Investigation results from a cli.rc
made by Charles Coles, of Allentown.
who acted as a clerk. Ills claim Is that
an account Is padded to the extent of
$800 und that the promise of a, division
of the salary of another clerk was not
carried outi
Mr. Ilothermel said tonight that there
V.U8 no truth In the story, "I do not ow.
Coles n single cent." said Mr Ilothermel.
"As a matter 'of fact he owes me money.
I advanced him -3 for -which he did no
work, and In addition guaranteed to par
a store bill.
"Some time ago Coles obtained a check.
bcloiiBlns to another clerk for US and
uished It. This did not belon? to him and
In getting the check cashed he committed
a crime He la now trylns to make It ap
pear that I owe him a lot of money."
Mr. Itothermel has been Involved In
several transactions of this sort. Early
this year a woman accused blm of refusing-
to pay her the amount her agreed
upon. She filed serious accusation against
him with the committee The matter wag
investigated 'nnd allowed to drop after
Mr Itothermel had made an explana
tion on the floor of the House.
HADDONFIELD FIREMEN
AGREE TO SHUN LIQUOR
HAPUONFIELD. N J Dec U. -Henceforth,
affairs under the auspices ot Had
dontlcld flieiiien will be "dr." This de
tislan was reaohnd alter a long Investiga
tion. No more liquor of any kind will be
grv i'd at celebrations held b Hie tlreroen.
Trouble was taused In October when the
local company celebrated Its ISQth anni
tirsary. Neighboring- Are companies wei
Invited und a parade waB held Followlnc
that various entertainments were provided
for the visitor.
gome one not connected with th Are
minpany erected a tent nearby and many
pniwuia vUUed it Immediately it wm
vluireed that the company, through fund
cuntritmtaxl by the townspeople, had
brought liquor Into a no-license, town.
fhlf Stavelcjy started an Investigation,
with the result that he has Informed th
Icvad VV L' T U and the Civic. Aeioela
tlon that tit liquor km ut in Uy a
hotel proprietor of another town and
was glti! free to lltor.
Colllngswood Firemen in. Campaign,
COLLI NOfiWOOD, V J.. DeC II -A,
lively campsdajn 1 belus conducted by
uembiis of the local Hrt company to n
Uet 4W ton trtbu ting niernbra 'fheit lg a
tam deist on the reeaaitly-acuulred uio
apoaratua Of tbs aioount toe twarotigh
has agreed to pay ftm. 1 i utni let
bave the cojupauy fr at debt beferaj
Uarch 1 whan tbw Mtb naivsu-ary of
the orsjanlaatlon will be celebra,td
DKOHMHKK lIlf, UU,
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