ISVliliNlNti LEDG-BB-PHILADELPHIA, UKrtAY,DB(!EABBB 17, ltiVi. u SEE-SAW MART CONTINUED TODAY :-. IN N. Y. TRADING $$lume of Business Smaller and Speculation Was Ab rsent Call Money 3 Per w Cent. ';KBW TOniC, Deo. 17,-The stock mar ket" continued ltd seesaw tendency to afyV price being alternately tip and down. The changes either way were mostly In fractions. The entire list gen erally opened lower, and tlio volume of business was smaller. As the day ad vanced mote strength was shown and prices rose gradually. There was an en tire absence of speculative Interest. In the Irttc aftrnoon another reaction occurred. ,,,'rhe acant supply of stocks In the fore noon madf the market vcry sensitive to price changes. Union Paclflc, Amalga mated Copper, Heading, Lehigh Valley, Central Leather, New York Contra) nud Arrterlcarl Beet Siigar inoVcd Up No sooner here they up than they went oft afcaln on tho report Hint two IJtigllsh Vattlushlps Ii'nil been sunk. iVOn the upward awing; Reading touched KSfctid gradually eaiod OK to 1I7',4. Penn sylvania reached lcs1.. Steel sold up to (ili, later fnlllnrr ? to 51H. '.Union Pacific, which had advanced fiom ilE to lis;, ut once icncted to 118, and similar recessions were noted In n number of other stocks. There was exceptional strength and activity in a trroup of spe cialties, Central Leather made a gain of over one point on buying, based on pie dictions as to the amount of the dividend lb he declared next Wednesday, and American Boot Sugar made the same amount of advance on buying on the ex pected resumption of dividend payments. 4Tho innk and flic Is rcncrally pleased ylth the reflating power shown by the market. The belief was expressed that If things keep on na they have ntortcd tho market will soon settle down, and If any thing advances will bo irndts Thcio wni a disposition to wait for some favorable development, such as a favorablo decision to tho railroads In the Eastern udvauce rate case. It li said that the decision Is now In tho printer's hands. If this la the case the carriers should soon know It they have won or lost. TQall money was loaned at S'i per cent and later at 3 per cent. In some quarters to'rno efforts are being made to talk rates up, but with no effect. Monej Is stilt In abundant supply. Tho foreign exchange market was easier. Rclohs marks were quoted at S3. Demand sterl ing 1.S7 3-16, and cable. 4 ST"., jlrading, It seems, must ptoceed with out the aid of speculative operations, and few expect any substantial volume Of business or wldo variations In tho general list from tho present level of quotations. "The point wan made by represcntatives of foreign houses a few days ago that Europe could not be ex pected to do an thing but sell until tho I situation on the Continent should ma 'terially change. Any advances hero above , July 37 prices on the London exchange ; permits the liquidation of foreign holdings (under the rules of the London committee land tho available supply of stocks from that source. On the other hand, the minimum prices iflxed hy the New York Stock Exchange a.m to Insure values against any sharp decline, but, at tile samo time. It Is to J be understood that any aggressive bear' operations would catl for quick action (against any offender in that- diiectlon, and the activities of thoso persistently ommlted to the short side aie, placed .under effectual restraint, gin the bond market the most active Is sues were Cential Pacific first 4s North rn Pacific U American Telephone con--jrjrtlble 'Vis. and Consolidated Gas find Electric Cs. Price changes vera negligible. w NEW YORK BOND SALES . MOO Anwr Cot 01 4Ha .., ' J low Amer Ice deb ..,. , wi fcicou Amer Tel cvt 4).s..,. wl Tlouo Ann Arbor 4s. ..,,.,, W 17009 'Atchleim sen 4a,. . . viu BOXOu Atchison cvt 4i,s,. .. tt twxo Atchison ov 4 1000,, uji; TDK, Allan P. tin. la Am i Lnv. Cloae. W OJ MH SJI, UH iC CO Oil uoi to), uo ;i W sM Oi-li 3?s 36oO Halt & Ohio Mi MS 8H -UrYY !' mw a.. oo-. Mi SS1 Hath Bteal rfd 4e. .. Sift Uroolc Rap Tr it 1018.101(1 Brook Un Out lit 6s. 1MU Uruniw V 4. km. 8 811, . 8li 110 101 1(U 101'i bO HJ NS4 S3', T 71 (U (il 10UI, HOW 8Sj M 113 1W Jl'i 714 T8 T? 9DU tie 90 00 .ltM) 120UU 10O00 i JO00O I ,388 icoo 1, 1000 -V'OOO O800 lltwh Term Bid- 3i, Sj i- v. j sen t ,. C C t! to Ht L 4. Cent at cons Ss... . Cent Leather 1st 9s, Cent l'ac 1st 4s Cent II R N J 8s... l -lieu b Ohio cv 4'.j. Chi Qt West 4s..!.. 73 :i!avi 3000 bOOt) 000 CM A. Nwn CU: ,,,, 78 -hl A Nwn itn 4a.,,, IK) Clil 11 fc 0 sen 4.,.. W' Chi 1111 & 8t P cv 4. 07 Chj Mil 4b Hi I Uiv U 00 Chi iftl & 8t P f a 4Ui imi SOOO ,1000 SOW oaa Chi Jill & dtp sen 4W OSli Chi ni & P col 4a Mt! ! 0'i M00 R4000 (OlIO 2000 Aoai .7999 Cumb Tel Gl. Del ft Ilul conv 4s Dei & Hud rfd 4a,. Detroit Unlltd 4U . Die eeciw Corp 04. Duluth Iron fie.. . Kbooo Kiooo Vi Pant J'owd 4Ha. Kr conv 4a Sr A . . f-n conv a Bar u . to riua ec ian in Da owa Cantra.1 raf 4a... i in uanirak rxa a I Intaro lift! ivi. I lnterb It T rat It i Inland l'pr Ea . I do &a I Intel Htm Purup it Lalta $hore fin. 3H I tit M TJi I do 7a I Urlllara B , I to 7a I Loula & Null it Manhattan, it . . aSVH '! 2T 2 100 ICO IS1- ! SI ST .100 l2tt uicn cant J t go Kan T J U . Mo Pse 4a . ilo Pao ov 6s. i14 ff 1W ' N Y Cnn'i93 ! rot, B3Hs.. .. Y Cltv m 1MT W Y City 4 it N Y Sty -MiS 1W3. .IMC ?. 101 VHy Wt iOY 'll.lUi1 K Y Cltv Nov 57.103I N Y N H U a .lo4i b?Q lol 1C4 Y Hwj ret 4a I! N Y BT adl fij N Y fitala 4Ua . 1ft7 107" 107 l lL VtL 'or Pao nrlAr 4m T ai A. a " m m Ore Short L. i(f4a Ore Hy & N ' 91 -aoino i at ;p50n.4u'- An 4Ua I Portland nib Kay Con Cpopar U 1 Baadlns; eta 4j, . . 1 Tlapub Cuba. Ca URoei! laluid it ca ria t &a fia 1 VLt StMl 8ar 5a llCla GS: 1 itt ieeu . . ?eo KL ,t B I' 111 11 . . GO Sttbuard A L dj U . 05W 4i 4 a . . . T51 llauih Ball U. ,. M I seuia ro u w 1 90 cv ta t p bi ivh M tSoutit P rfd it 81 i sautu Kwy can u i South Rvy 6a 1 tWu U .vf iU u UK , ran i iv at : MrA Ave i 4a iiVtvil- t3tU 132 im f" i'tkru 4 ESb,'" lTSM i0 nsoah Id im At .t,i fm -t u u V h 4 - I M . V ia 1 . BI' .irwlf ..Air ' ihw tii2 iHj! i'4 i'i vi; DO 93 fiO KS fvjl, HS 06J, sail rti sS S aS euj! tall m M l! :ll '88 m m IU 100 Ml iwii iuk inui. Kg sy 9S5 wg n w$ nW ST e?7? iStt iStt K ni a SS" gffl s wk Hv Mf" ;,l f STtZ KTtT h(7 t: u2 an W DO 64 a TS 7B r Ul eeu n P m 7 ;' i NEW YORK STOCK SALES yes-CI. HUh t Alailct (,'old Mines 24) 4H MH Amsl Copper. B4H 68), M . Am. D Sunf SOU 3tK 30 Am.CM jfljf rf)K 20 lopref so mi B0 Am. CsrAPdj........ HH 48H 45 Am.ColtoftOll 4031 40), 40 Am.ldtAI.ether.... 4 4. M AmLoco MX 23H Am.Smeltlni mi o8U C8) do pref JOO 100 Am SnaffCo ,,149 149 149 Am.fcuor. , 107U 107 Am.Tel.ATel,n..,vm U8'a 118! Am Woolen . ...... lopref,, ,. 77 77 77 Ansconds Copper SO), 27 20M Atchlfon p3)i P35, 91H tUldwIftLoco 40U 40W BaltftOhlo COW 7014 COM rtopref.. , o9U 00)i fM Belhfitecl. , 40 40!( 40M doprof., $. 81) 8W nreoWtn napld Trsnttt. mi W SSl Csllfqmlaret 17)( JOM 16' Canadlia re 1G8 161 157). Central Leather 30). 38). 3V OhesAOhlo 41J i 43 ChlnoCopper 34Jf 35 3l!t Chicago. Great Western 11 UK H Jopref 20! 2') 29 Chlraro.Mll. at. Paul.. 00) WH 9' ColFuelAIron 2l) 2lJ WitilleraSec. mi Wi 13 I-rc 22 22), 22 lcl A Hudson........ .. 142), 142H ConsolClas 110U 110H Ocneisl Electric 140 140 Cereral Motor..... dopref 02 01 01 Ooodrlch Co 23H 25 25 Oreit Northern llfiJI 115M 116 Oreat North Ore. Cent. 20 20K 26J" HarvcslerNJ ol BOH SW dopref 11(3). 116K Indiana Strcl 12!( 12!. Interborc-Metropolltan. 12Jj" 12!X 12!i dopref C2 Cl)i 6l)i International Paper.. ' . dopref. 34U 3HX Irsrlratlon jo!i ,10H 10U Klseje )3 03 J.I, Case dopref go 60 Kansas City Southern.. 22U 22).' 22 tchlghValley 13oh' 138)!i 131)i LlgKiMjersTob dopref, 12Ji 113!.' 1134 Lorlllard do pref 112 112!i 112)1 I.oulSIlleANashTl)le..l22 12," 126 Miami Coppor 18H 18K 18!, Minneapolis A St. Louis .. 11 11 Mlssourl.KansasA Texas dopref 3J)i 30 20 Mlssouil Pacific. 10 10H 9), Montana Toner Co 43 '12'i Nat onal Lead 40 40 45 Nevada Con 12). I2' 12 N. Y.. X. 11. A II 65!i 65". ,Wi New York Con 82 S3 82)5 N?Y.. p. 4 West 21 " 21 I 21 Norfolk A West 10IH 101)3 ClOlA 24) I 54H nt!i 26 00! 45 40 4) 23K Mi 100 149 107X 118) i 77 26) i 03), 404 GOJf 00! ( 40K 84'f 80 10 157! 38X 43H 33 11 20 80), 241 i 13 22 142X U9) 140 01 25 116K 20( 89K 110K 12! 12J. 61!i 3.U ir,)j 03 80 , 22 134), 113)4" 11125." 125 18H 11 30 HI -125 40 125. 55'. S3 21 lOlJn 101)i 101 1 M'i 160' 23!, SS!a 1C. 143 W i S2 85' 10!i 45 33Ji 323. 12Si 13W tioa nd 70 27 i 6IK CI 104!( 42 40 21 ? 6b)j 3)i OS 14!.' y N6rthem Paclnc 102 102), lOl'i Pcnna. 10S IDS'. 107'J Pressed Steel Car 35 31J1 34)5 Pullman Co 1C1 loU 160 I Hall ay Steel faprlne... 21 13. 23', Dopref &8lJ S-'i KayCons 10JJ 10'i 10'i Headlns 147J 140 147'a ftccklsland I.'f Vi Vi dopref 2)i 2Ji 2 doldpref 82 SI EoPaUflc b6a' SOM W.' Southern Hailwaj lOU It)!.' 1GU Standard MlUlni 4iv3 45 45 btudebaler 3Jh 3J) 3.!!.' 'I tnncsseo Copper. 'St V-i :i-Jj Tcias Company.... :.13J 12S3i 128! i Teias iPaclIIc........ , I31j 13i Undcrnood.TjperIter. Jk -. dopref .. . ... ., ... 10J J0.1 Union Taclflc 118 tio' US dopref 70). 71) 70 Union l'ac War 273f 27H 27!i U.S. Kubber. .'.it!.' Wi Ml USStoel JOIi my,. SOU dopref 104H 104W 101J1 United Clear Mfg 42 12 Utah Copper 49). 49!l 40 VsClr Chem 21 2: 21 Wabash U H li dopref 2 2 Western Union 6SH 5SJi 58 Wheeling A LaVo Erie doSdpref 3Jj 3f 3!i WeiUnEhouseKlec.,... 68 03 63 Western Man land 14 HK M!i llit-dlvldend. Total atock calls, .7,100. DISCUSS STEEL WAGES Dividend Policy May Be Determined by Labor Question. NEW YORK, Dec. 17,-The question of wages of United States Steel employees was brought Into prominence, today by the fact that the president of the various constituent companies were In session all day at the orHce of the United States Steel Kxportatlon Company, No, 71 Broad way. Up to the close of business no In formation as to the results of the meet ing could be obtained. The belief pre vails hero that the dividend policy will be determined by the action on the wage question. GOVERNMENT BONDS ,. . .. , ., , . , BIJ, Aiked. tf H 2 of 1W0. coupon " Oil rtntroi :'i. reilitarad. . .. ,, vsw Panama 2i coupon ., .... tt.U I'anuma nw 3, radatarad. . . ,, t8(, Panama, nev 3a, coupon.. ,. DO U H s of 1U, rcilatarad . , . .10.1 U a Sa it lls, coupon . .,. .100 07 10U u u gi 4fi. rasiaiarao,. . . . mwv, U 8 is 0 IV 025. coupon.., lu) COTTON PBJOES HIOHES NOT YORK, Dae 17 -A ataadlor tone wia daytloped in. tha cotton tnarkat In the aftar noon, ana prla advancta 4 to, 7 points utova laat nlxht cloalnsa Tha larso exoorta tt rortad from Ba.vannah probibly hoi pod tba Ldtanca, but tba main factor wa LfUavad ta ba tba continued ataadlnaia oq tha Southern, pet; markets, which bav. not yet ahown th 1 r-ho!Way wea.knaaa that ha a bean quite con rally predicted. rlaTfollow: " Y oloae. Opjn, Iliad. Low Cloae DMtmber . , ,KT It 08 T 00 8.IK.' 7 00 January , . .7 16 T 24 T Js T.2B 7 25 Mareu . . Tin 7 St 7 47 7OT T 48 Say 7. 7 4 7 T4T 78 OaUber 1 TOT T.M .0u 7 V Sua asp ) aaann 1 11 1 1 1 Viaai, MININO PTOCK QUOTATIONS TONOTAU PTQOKS. " J Ira Butler MaoNamara UlJjia.il Exte'Dalaa' 10 . v i'i '4) 1 Toaop&b Meri Yeoevu MlBlce Haaotia ni waat Sni OOLDHBUU 3TOOK8. .49 an 1 SejwiMU MUtStt . it Hxtuilaa Caviea.a . . :.:. M V 13 , r aJba AS & fTTW, ftr 4 87 ! JW uuotsel 17fc asr,Tl Atlanta. Slua Bull WlH- ::':.':.:: OaaiUoaUw raita DUnlMnlfield B B. .. Daley J? LIMIT LOWERED ON SEVERAL LOCAL STOCKS hanai a I aa mm. Quiet Trading in Securities, But Bonds Were in De mand Country Banks Buying Commercial Paper. About the only development of arty Importance In nn otherwise exceedingly quiet local slock market seislon today was the reduction In the minimum price limits on several Issues, Tho most Interesting- was the drop In the limit on Baldwin preferred to 101, despite the fact Hint the stock changed hands at 102. In odd lots. This aotlon followed ft similar drop In Now York. It will b recalled that Philadelphia quoted tho minimum on Baldwin at 103U. with the divi dend on ft few days ago, but that, In consequence of Its selling In New York at 104i, the higher price was fixed here Whon the 3V4 per cent, dividend was deducted tho limit was only reduced to IM'i analn, and It sold at 102i. New York, however, sent out notice last night that th minimum should bo 101. so the local quotation wast also cut, Tho other two Issues cn which reduc tions were established were General Asphalt common at 32 and Lake Superior at 10. In both, sates were recorded nt the new low points today, which showed a loss of one and two points, respectively. Elsewhere price changes were slight and tlio tone firm, with moderate demand for United States Steel. Electric Btorage was Aim at 49 and Lehigh Navigation nas strong. Jtapld Transit, the Tonopahs and United fins Improvement sacged off. It became known today that Lake Superior Income bonds, the last sale of tvhlch was at S3, had been offered re cently at CO without a transaction be ing effected. The decline, of course. Is due to the defaults which have occurred on some of tho securities of tho com paring subsidiaries. The limit on the httfok, as already stated, was reduced to day. In the flnnl dealings L'nlted Gas turned lieav), extending; Its earlier decline to a full point at 82. On the other hand, Le high Navigation certificates rose to 7. In the bond division Intel state 4s at tracted attention because of the an nouncement In the reduction In outstand ing pieferred stock. A J1WX) bond sold at :(,'-, a fractional recession from last night, but a J10O bond changed hands at 67. Klec tile and People's Is were In demand and so also were American Oas and Electrlo Sa uliiplr man '1 to S3. Philadelphia Com- , pany os and Philadelphia Electric 5s also hardened fractionally I Out of tovwi banks were In the inatket I for considerable quantities of commer cial paper. Good names were taken as low as 4Va per cent., although the bulk of the business was done at 4 per cent. Note brokers statod that there was a dis tinct Improvement to be noted In senti ment toward this class of loans 1 RESERVES EXPAND Bank of England's Weekly Itctuvn Shows Increase of 1,131,000. LONDON. Dec. 17. An Increase of 4.1, -121,000 In reserves Is shown in the weekly statement of the Bank of England for this week, as compared with the same week last year. The proportion of re nerves to liabilities this week was S3 31 per cent., against 32.54 per cent, last year. Bullion holdings this week were fDM.OW larger, and the total of public and private deposits was clOuO smaller Dotatls follow: This wk. iJiet vrk. Laet year. jC t Circulation..., .-!5,5!H,C00 31.TM.000 M.7D-..O0O 1'ilblle depo.lte 41,107,000 4R.OOll.000 S.V03.000 lMvate depoa. 1M,7.10.000 120,004,000 87,4114,000 Gov. aecurltlea ll.WO.OOO 11,1)50 ooO lt.104,000 Other MCUr...lKI4R1.000 117,000,000 27,018 OPO Iieaarva .... r6,2W,U00 SI.IGI.WK) M.075,000 I'roporilon.of TAB. Ul .10.U , , " ...i, v v-. m . iv, ..T.i tjtinvi Tl j-, niki vn hirt ,j llulllon Uank rate S4 7 FAIiL IN R. H. EARNINGS October Returns of Fifty Companies Show Net Loss of 8.34 Per Cent. The October reports of fl(t rrprarentatlve railroad a) "tenia, operating npuroilmalely 13T, 000 mllea in all aectlona of the country, anew a tlacreaee In sroaa carnlnsa u( 0 Qt per cunt., whtla net Turnings docreaied 8.31 per cnt. Tlila comparea with a decreaee In sroaa of 8.82 ter cent, and an Increaee In net of 2.01 par cent, lor September. Operating ratio, eicluilve of taiea but In-t-ludlnz reiulla of outalde operatlona, was 60 81 per cent.. aalnat 07.48 per cent In Oc tober, lOb'l: operatlnc ratio or Saptember, 1(114. an 83 6,1 per cent. Tna lOllOHina; tavie mvn iiiv wiiw,r luittia 1014 Decreaae P.O. MUease lMMl 2.K1B 1.84 oroas .inKi.MH.mL aiu.n.'ui1 v.uj Ken. and taxaa., 1-S14.'IM 14,ni,0iS ft.Jo ,Sit , 07,W,t). S.S35,ei0 .14 ofols per mile.. l.TR 1M 10.71 Iset per mil. . 3S7 41 10,04 Increaee. -v- NEW YORK CURB QUOTATIONS Bid. Aaked, K At? lira a en ... ildldneld Cenealldited.. Oreene Caninae ,.,,.... 1 Knei , i'" ,5" V' Maxwell a n TiS M 120 18i s tin aa p.rel . . lnlaatnc Plplaalnc Otfa Hle.stw da pref 8 .. 7f. . S5 ,.. 90 . ..110 :...' W lllkar-llaiemsn Rterllae Uum .A. ...... Tsbaoeai Preducta. pref . . . Xfnlted Clsr Storaa .. . do pref United lT0ft . Vlllys Overland do pre' ! ! Yukon Go' . w w.p ? BATES TOR MONEY Call. Time. W& '. - ::::! J! Jwffi Maria utU PPr. S to 8 moatba. FfeHa4el pWa7Hf P "' BANK CLEABINOS Bauk elearlnsa today oowpared with earn. - n ..., I... t,A v4ra apoarr U.t two year. V,w vea. fSlfaaio " gt. luls UKi COAST IINE DIVIDEND OUT Another laadlai HlUead radued Its dltldeud today. b AtJajatlii.OoaA Use aanewslotc a S3; t oak suasmsl rats par seat , ftSTwd 1 pwst- WAR BISKS yUBTHEB BEDTJOED E-vS8' W8W Y0K COFFEE KABXWT MBtSC. ruturaa troc,pd Jlif aotet M K7 flfi bid Jugen llTIi jS sli"! fe Jte T " bid tr 11 4e Octoiai T Vic bid U -rv.va.lar ot.rtj D 44X a&. Jul tftfid 7 fcK i i ,'.,.. a J!. , at,, ,aav , 1 Mj .M2 1,919 m Jl'SlS'.lSB K'iArssciia "ffiPffijsau'sir uffta.- vTa a Ursa saoaSti Thoto by flutekunet. SAMUEL T. BODINE President of the United Qas Im provement Company, who was today elected a director of the Cambria Steel Company. BdDINE ON CAMBRIA BOARD President of tho United Qas Im provement Co. Elected a Director. Two Interesting changes In the direc torate of the Cambria Steol Company wore announced today. Samuel T. Bo dlne, president of the United Oas, Im provement Company, was elected lo fill a. vacancy, nnd Chllda Frlck, son of Henry C, Frlck, who Is said to hold the second largest Intel est in the stock of tho company, was also elected to the board. Mr. Bodlne Is one of tho most promi nent of this city's financiers, nnd, with Mr. Frlck, his presenco should greatly strengthen the already powerful Cam bria organization. Besides being head of tho gas company, he Is a director of the Franklin National Bank, the Com mercial Insurance Company, the Guar antee Trust Company, the Pennsylvania Company, the AVelsbach Company and the Western Saving Fund Socletj LOCAL STOCK AND BOND SALES Tea cloae. lllarh Iw C!oe, T Am Oaa . Ihi 1DI '4 IOITi 101 .1 nald I.oeo pref. 102". 102 10A lt i Heth Bteel . MON o'i J ""e ta Cum Iron . 42 42 42 4S US cam Stwsl ll 4ls i' J i'i 100 nice Storase -lit 10 4P 4 210 tlen AlPhalt R.1 32 .12 ;12 200 Key Tel Co. Ul 1 m l!i i:i' 10 TjiKo Run uorp i.- III i" i" .12 lhlh Xav . . "7. 78'i 71 iS ... ., . . r-, To Ta u L ... , Tt '". 7S 711 ' .11 t.hlrli Vallet, 117'. 071. T. 07". r,l 1 h A'al T- pref 21 21 28 2t. 2V North Cent . Si', Sl Rl'. S4'4 :i72 Penna It It 51 7-10 .14', Kl'a ''i'i :i renna Halt Mfg m ni in ! inn viiiia Co . ru'. :n :ii. :ti .17 Phi a Elei- .. !' ! r.i!a ? 3: lis I ft lnm . M S. H2 40 I'll Cos N J. 2L"J 00 IT H .Steel. . . '' .11 1 S Hteel ul ef. 1,1 WHS S. . 5" 22.1 -j.' 1 aa ii 14 ,11 m 1041 1 101'a iuii, SO 1W M) IlOXDrS. 11 at ri'i. Hilr. Itlcli. 1 on. t'lnif. Mll Am (1 . 1: s . HIH S114 vt. ttVi 2.-. tain Steal acp. 07'. IIIU 7U OVi .(K1 City 4 1012 . . !l'i 11 1 W)' RWO PI & V Tr 4 . TS Ml jtl JO NM Intfs Itn-j 4a 1 r.7 M'j .'.. ,'fiO Ixli V Tr ret .' R" M S M WOO I ch X 011a HjB . .is t., I'S IsS T00O Phila Flee It.. 7', 7S1- 71', TS'i nm Phlla Kloo rn .liK't, mi loo. inii rtxii I'hlla Co ens .-. snu hi"4 nM, Nil, 1 1 I'hlla Cn a-p. . lit 01 til 01 1( hS A I b' IM.10.lb loot, IPOll M'l'.'j 1mj YorU nw 6a.. Ul 01 DI 01 HALF HOURLY SALES 10 to 10.30 A. M. 27 PlilU nice. '.'J renna 20 rio CO Cam Iron.... 8 Penna s Tonopah . Bel. so do 1 u a 1 3 Cam Iron.. lOM'itna, 23T, us Pcnna ,-.4t 10 V a hteel. ., .Illi tun Ton Hcl....l 4.' 1 1'enna .MS 20O Ceil Aep. ... 41i 5 IV J t J 8 4t in TMilla Eleq... S.I 10 I'onna 42 10 Tonopah Bel SO .',1 31 11-18 M , .12 ro . Mia 51 BONDS. 11000 Heo i. Peop Tr la., loo Villa Eleo 5a 70 .101 10.30 to 11 A. M. 5 Phlla Kltp... 21 10 Oen AP 32 1 Am ClasT. ..lnlla 1W I'hlla Co 35 100 Penna .11 1 l'enna .11 If I) US Steel.... Bl, Ki Ml T t t 13. .1 I.eh Valley.. 'J .17 l'enna r. 100 i' 8 Steel.... 51' 21 I'llTtC. 13t 0 Am Uaa..:..10I'i 2n V O 1 621. BONDS. 1C14) lli Nav eona Ua US 1UK) Inleratate Itna la . Mb 11 to 11.30 A. ST. 10 Penna M'i Iiai Cam Fteel . . . 41 40 Tonopah lie). 4a", Ml U h Steel. .. .11 .10 1-akn Sup Cor 10 10 llQ 10 a rvottn, v-eni.. -.t BONOS. 400 Interatata ltwyj 4a 67 1000 Srnnlah Am I & S Bs lfto'i UOOiI Am Use i Elec S4i nroo m Oaa & Clec .la 85 1000 Am Oaa i. Ulec Ba S3 11.30 A. M. to 12 M. Ml Tonopah Mln Tl .11 I'n Cons N J.S21 to ,lo! . . 7 SKI U ieel pf.104, M I oh V Tr pfj 2S 1 I'n Cona N J.ilSJ 11 Tunonah Mln TJI II O I. . . Vf.i 20 l.eh Valle . 0T lun Teaaa Pac Be lji B do 0T BUS Steel pM04 1ft) Kevetone Tel 114 300 Tonopah Bel. 4J ISO P It T t c . ISb BONDS. 1000 Am Oaa & Kleo Ba... . . ., 1000 Phlla Co eona 3a NH 5000 Phlla Co cona 3a 8at IS to 12.30 V. M. 4 Pe,iaa 22 I.eh Na. 20 Irfh Na If. 3 Penna Salt.. 34 T 10 peaua '! do,,. .11 7K OS BONDS. 3 ICO PhlU !! .100 12.30 to 1 P. II. 2 Sou Facia mf Tft Kftfth. Cent. Belh Sieel. 40, 160 w Bl..,. d Vaaina 94 ?t 4o, . . . 100 Teaopah Bel. 4. S I.eh Valla) , BOJIDal. yogo Phlla Elw 4a IOP0 jmeratate Kwy 4a 4 0.14 '. Wr4 Hi4 aoo 24 Cam Steel eorlo,.,. 2000 City ta 1812-caaf.... 4uu i-niiHj omi a. logo mariuie r ea,. 1 to 1,30 P. M. Lab Tr pd S8, 9 th V Tr pld 26 fUQ nortn cent. SU aval IBaa & Paau V XLT7. tl i-1 - fia roi vh Hi)i.,. itfVin 1,30 to 2 P, H, 5 ??i-,a. , . - !! M- .6! PJTlt BOWUfl. 1000 YH Hw 1 2oS lateral at, Rwj 4 .... 3 to 3.3Q P, JC. 100 KMrataus Tl HU I l4 tv I I. . wL9 IT. . r"a rint U IBJUHJHbL 11 Oa. Jt SUaw &,,,.. tSaiar-AiTi'Tii: rCis, c I4..T... I IJ I - I I H IPIIISS APPROVE PIPE LINE DEAL j '.' ,UMV. y- , We 11 TIM Stat 1-ubliv ,h"3?"SC" ,'T. "" utlyrtlr s aaf -m vaanas v 1 "WlStf J SJall.1 J Ul sUHlUB I.OuO of csobvu atotfc to wiabU tlu lm"V" " uwuaDi ui laai hovlf furnad uiiiisuiy to bur the olua Una at Di Ohtu Ci I ( oiui-:i iraeuuac OU 00 lt tuuraj, from Wun) Kanta. w ItUaoui Tha a a ptl. atioi for Lranafcr j( vh prvprt v,a alaa aarvsd tj m J av,tv b la woai ,uaa , MSW YOJIX 3KXTAX. HAXKST . KliRh . - 1 W lar w.a uttiij m,A .dlna oulfe. tha f41aati2 . -., i ftjotad at Tb n t 1 ojikei WJa n , X4M r.7 riill It T tr era. i;i". ; , usa J;i r ao racino . . ;i , m h ;;i Ton Helmont .4 11-10 4', 411-10 i' 111 Tan Mlnlnc T'k Vi . " 100 Tex t l'ac. 1.1'a 11W 13U al IrJttc IMi TRADE IN WHEAT STAGNANT, WITH PRICES FIRMER Current Large Export Busi ness Responsible for Strength Receipts at Spring Grain Points Small. OHlCAdO, Dc. 17.-Traoe In wheal Tvas stagnant this morning, but prices wore firmer, reflecting tho current largo export business. Hecelpts al spring wheat points wero small. Advices from Kansas reported snows at Concordia, Wichita, Kansas City and other points. This 11 111 bo of great benefit to wheat there. The market at Liverpool was dull and after showing flrmnesa early, reacted Advices fiom Argentina said tho weather there 'was better nnd reports from the frost atea wero more cheerful. It Is considered that low temperatures In Ar gentina did not do much damage. Ship ments from that country for tho week wore estimated at 120,000 bushels, against 400,000 bushels last year. The demand for consumption abroad continues heavy and arrivals are expocted to be lighter. Italy la still buying on a liberal scale. Tha receipts In that country hale passsd Into the hands of the speculators, rho will not sell. Tha reduction In the ex port duty has not relieved tho situation, and the high rate of exchange has re duced facilities for shipping. The ques tion of future supplies Is causing appre hension. Alt this strengthens tno mer chandising position of tho United States, The receipts of wheat at Minneapolis and Duluth today were 321 cars, against 663 cars a year ago; at Winnipeg 149 cars, against 3(1 cars; at Chicago 138 cars, against IS cars, Corn was a little firmer, but dull. Sen timent In the pit was bearish. Tho mar ket at Liverpool also was quiet, with pressure In distant positions. Conditions for tho now Argentine crop are good and the outlook la excellent. Hulls In this country are discouraged by the big prem. lum of May over December. Shipments from Argentina for the week were esti mated at 3,468,000 bushels, against 3,357,000 bushels a year ago. Tho receipts here today were 443 cars. Oats were quiet. The receipts here to day were 120 cars. Argentine reports urgent foreign demand for oats. Provisions also were a shade easier, with trade limited leading futures ranged aa folio Ye.trf1n a Wheat OnR. Iltih. T.Air ln. rim irnen. mgn. lw uione. cloee December 1.18H 1.2ol, 1.1S, fl.201. tt.le Slav 1.22AI l.maT 1.S2U i.!2.i! H.22U July . . l.isti l.Wa 1.1& l.lC'-j 1.15, uorn ine aeuver December t'. in iKi fii iti tou nou tTol, tnov T5"t esr, 7) 0U' 4SU 4R tlH4 MTt 52li 51 '52a, f32 S5i 4ft May . . Aiuly .... Onta December May I-ard- . 4S . 52 Jnnitary . .low .10.25 10 OH 10.12 10 37 10 00 loss 10.12 1 10.0.1 10 .17 10.77 .May ... Itlln -Jnntian Ml) . I'ork .Tnrimrv 10 OJ 3CV17 1001 10 0.' IU25 ro 12 1R.12 tJS.-lli 18.70 tlS 87 0.07 10.27 .10.27 isns ..is 75 tAike.l IS 40 18.00 IR.10 IS 77 iA!a-. Uld LIVE STOCK QUOTATIONS CHICAGO, Dec. 17. HOOS---rtfc.lr.ta, 32,uuo, markut steady. Mixed and butcher, S0 8J4J7SO: eood lieavy JOOOsfT.", ronnh lira, taS0lfT40: lU-ht. IU.0O97.2S. plga,, 3.50 97.311. bulk, fT 0.107.25 ' CATTI.B neealp.e, 7000i market rak ami loner I3eeee, $351' : cowa and helfera. Sdihjj 7 21, Texana, r.VUfl 50, ealvea. tDUS.SO. SIIi:UP. rteeelpta, 6000. market alow an J ateaJy. Natlie ana Western, 13 6086,63, lamba, 30.731JS.8.1. WHEAT AREA LARGER WASHINGTON. Dec. 17.-The Crop Iteporting Board. Department of Agri culture, today estimated that the area of winter wheat sown this fall Is 11.1 per cent, more than In 1913, equivalent to an Increase of 4,135,000 acres. Tlio In dicated total area Is 41,263,000 acres. The condition of the crop on December 1 was 8.3, against 97.3 011 December 1, 1913. The 10- ear average la 90,3. The rye area sown this fall is 2.S per cent, more than In 1913, equivalent to nn Increase of 78,000 acres, tha indicated totul area being 2,831,000 acres. The con dltlon on December 1 was 33.0, against B3.3 last year. The 10-ycar average Is 93. CONDEMN EMERGENCY RULES LONDON, Dec. 17. A resolution was passed at a mass meeting of the mem bers of the Stock Exchange this after noon condenmnlng the emergency rules of the Kxchango and the manner In which the committee administers them. A 1 esolutlon was also passed demanding that all new rulen hereafter be submit ted to the members of the Exchange be fore they are confirmed by the commit tee, especially any rules regulating the reopening of the Exchange. Trading In securities In the street was quiet today, but prices were steady. Price changes In the American group were narrow and the tone was irregular An Issue of 1,000,000 pounds three-year ahi per cent, notes, at 9SW, was announced by tho Orand Trunk Hallway Th se curities of the Canadians received good Inside support, offsetting the effect of the new note Issue. There was light imeat ment buying of home railway shares, Iiusslan eeuritle were dull, but Japa nese Issues were Arm. The Bank of Eng land was a light discounter of pre-mora-torium bills. LOCAL BID AND ASKED Today IjU) Asltad. lOtK 101 Hald i.rf fam SimI i'i'i 4J Sie en J&-; :..,::: P fi gfe f ::::. itt ft. S ffi? w Naf T7J- It li n W w:-..- .' ft a I im uu L 1 Q.1A AMI y wB 1 it-u T & POWDER TOQK QUOTATIONS i.. t....-.,!-,., u 1 . 2T: - XXI A. A ,.. SSiSSrsKnZr rWHZ C"; K pISVw fttm iiinri BtB . Heerre Bksj Dlsoeuat SatM Yaatarday , MW.Aaka4, lltW 104 4244 it H m a w fm & itif'i- ' fiMvewiit Ca cwa FEs ,eavl lJMAs) te per cant mttrnt . . 8 la M T W or 30t5: m t, tv. 1 n 1 1 Eoatuu S.sj Tork k'uliaftUai JttiU ( ' kS4l (as rru.iA Philadelphia Markets GRAIN AND FLOUR MTIKAT There Was a fair export inquiry and with stronter outald adla brlees of winter varieties advanced le Serine; wheat wan without quotable change Quotations Car lota, In uporl elatnter No. 2, red, spot and Daeember, SI.210122H, No 2 red. Weat ern, Jl.I.ltfl 27; No 1, Northern Iruluth, 1.20 COIIN. neeelpt. 2091 huh Supplies were sWH and the market ruled nrm though quiet. Quotations. Car lots for local trad. ss to location. No. 2 yellow, new, Tl!U79c.i steamer yellow, new, 70B7i".o i No. 3 yellow, new, OftigOOHe.i aampi" ;ellow new. 103 0lo. i new eob, per 70 lb , tSf)768e OATS necelpta. 83,941 hiieh. Offerings were moderate and the market , ruled Arm Quolollonei No, a white, MOMHCi stand ard white, Mite 1 No, tl while. Bile , I'MICK. iferelpta. 1105 bble. anil 2.738 020 Iba In sacka Th market ruled steady, but there a little dalnir. quotation- Ter JW Iba. In wood-AVInler elear, $1 T.Ktl.no. ilo , rtratght, fWhSSl. oe patent. 130.lT.li Kan sas, atrnlitht, Julr rncVn. SS 20ffS 101 do , latent. Juts racks, 1 lotfft.ll.",: elirlnr. nrat Hear, 5lucri:n), rto . alralsht. 45 3O0; do., patent S.054f)txi. do , favorite brnnde, itP (I Mi (Ity mllla, choleo and fancy patent. tn& 5.W1 city mllla, reaular trade Winter, clear, j4.Tfl4.'in, do,, straight, 688 25, do, ratent, 43 WV 3, Til. Iti K ri.OUtl was In amoll supply and firm. w nuola nearbr and Western, in wood, at 1V qllol f OffO 80, PROVISIONS Tnl. ... ...I.i t 1. 1.. .. a fnl.. Wna; rhantter, but aluea ruled slendy. Duotatlona my tM?ef In aets amoketl and alr-drled 282!c.Uo, Wnitern, In ata, finoked, 28Jve. do., tlti, hnuclilea and tenders, erfioked and alr-drled, 2Jft:tlc.) do, leatern, knucklo and tenders, smoked 2W JOci do., hum MSflSO, pork, family. l,sos 2t hama. s. 1'. cured, boao, IVttf"c-l do, alilnnad, looae, lUflSte.; do., do., amoked. It OI4)io,j other haine, amoked. city curod, as to brand and avetaie, lSai5Ue.: do , amoked, Weatern cured, lBUlBHc: do., boiled, lioneleaa, 20a21c.! plcnlo ahouldere. a. 1'. cuied. looae. llHailttc: do, amoked, l2',01Sje,i iwllle. In filckte. accordlni to avcraxe, looae, 15ft 1314;;.: ireakfaat bacon, aa to brand and average, city eurcd. 18B1II0.1 do,, Weatern cured. 18int)c.s lard.Meetern, njOned, tlereeo, llilOUHc.: dp. do., do., tuba. HiieilUe.t do, pure city, kettle tendered, In tierce, llUlllk; do., do., do., In tubs, ltusflivlc, REFINED SUGARS The market tery firm nennera list prlcea standard xranuiated, Re., fine granulated, 4.0.1c, powdered, fiOV.t confectioners' A, 4.38c; soft grades. 4 HuM.TOc. DAIRY PRODUCTS IltlTTKK There m n fair demand for fine goods and prlcea ruled nrm unner light or ferlnga. Quotatlona Weatern, freah, aolll packed, creamery, fancy apeelala. :.c.i extrn, :ilo., extra nrata, UWUe,i nrata. oOUJlc, aoc enda, iUU2Ha ; Udle-packod, 21BSIO., as to qrutlty, nearby prints, fancy, 27c , do., ae--PK citra, U&UCUc , do., mate, :i203Jc; do. seconds, MOtloc. Special fancy brands ot I lints jobbing at 42(r44c. ISOOrl. Kreeh ergs wero ery nrm be rauae of scarcity and ft no refrigerator marks met with fair sale and rulod nr.ni. Quotation'. In free caaea. nearb), extrae, 41014c. per dot., nearby nrata, J12.30ffI2.UJ ,ptr atanda.d cnea; good nearby current recalpta, $12 per standard case; Weatern, extra llrats. (12 3WD 12.00 per caaei do., flrsts, 12 per case; mixed held and fresh mid ordtnaiy stock, SIO20U II 10, Southern, tU.-WJ12 per caie. ItefrlK erator eggs, choleo and fancy full-packed, '2, fiftuc i do., spring-packed, as to quality, 21(1 28o. per doa. Pancy selected candled frea'i eifga were Jobbed out at 4T4jMOc. per doi lir.i;sK. The market quiet with mod erate but ample effertugs at former rates. Quo tatlona. New Yoik, full-cienm, earlier receipts, choice, 16a ; do., do , current n.rke. choice, naiS'ic . do, do, fair to good, HUCH'.c : do,, part iklma, S.'JUc. POULTRY LIVE. Trade alow and maiKet weak undrr fairly liberal offerings Quotations: l'otvla, llflllc; old roosters, 10c : aprlng chickens, according to qtinllty, KWlJc , turkeja, low 18c. ducka. lOltc. seese. lu01Qc.; gulneaa, joung. weighing 2 lba and ner apiece, per pnlr. 10c. , neighing 1'iMlti lbs apiece per pair, 50ti53c; guineas, old, per pulr, joe. plaenna, per pair. lOUlbc IlItESSKn. The market ruled firm with demand absorbing tho limited receipt of fancy stocks Heavy roasting chickens in boxes ad snced lc. Quotatlona Turkeys, dry-imcked Kancj, large, nearby, 'JliJl'Jc , do. Western, 21c, average receipts, lTJjlOc. , Inferior, tl'& 15c, No. 1 old, 18c Fowls 12 to box, dry-packed, selected heavy, I8V3C. weighing 4Hfr.1 lbs apiece, Htc, do. 4 lba apiece. 104o.: do., i'i lbs. apiece, 14Q15C, do., S lba. and under, 12ifl3c . ton la, bbl., dry-packed Western, dry-plckod, 4W5 lba, apiece, lftlic . do., 4 lbs, lSVic; do.. 3U lbs! 14c, do, 3 lba and under, 1201.1l., old roosters, ory-pickeu, l.c, ; uroiung enicxens --.Nearby, l'iUfJ lba. apiece, -u-jc-.c. : ao. fair to ffood, 10018c; Weatern, l",ii(ji2 lbs. ;a apiece, sue ; do., fair to good. HrtflSo 1 roaat- xair 10 gooa. ii 100 Ing chickens, dry-packed. In boies iltlk-fed. 18 to 24 lbs to dot. 22U23c ; rallk-tedu23 to 2D lbs to do . io(2lc ; rorn-red, is to 21 10s. 10 iloz.. 20I2lc: corn-fed, 23 to 30 lbs. to do., JStainc : mllk.feU. 31 to SO lbs to dos., II Vic: milk-fed, 37 to 42 lha. to dor., UUc; mllk-fed. 40 to 47 lba. to doz.. 13Hc ; mflk fed, 48 lba. to doi.. 17c; mllk-fed. Co lbs. and over, ISc; corn-fed, 31 to 3d lbs to dot.. 1UV4 1314c ; corn-fed, .li to 42 lbs. to doz., 13 VIM 14c : corn-fed. 43 to 47 lba, to doz., Ht53 13c, com-fed, 48 lbs. and oier to doz., liCi tcin.fed, 00 lbs am over, ISc: roasting rhlcltens, dry-parked. In bbls Western mllk fed, drj picked, 0 lba. and oer, 17c; Weatern, mtlk-fed. 4 lbs. 16c; Weatern, mllK-fed, 3t lbs.. 14'je . Western, mllk-fed, dry-picked, mixed welghta, t4ffll414o : Western, mllk-fed, 2,Q3 lbs., 14c; Western, corn-fed, S lbs. and over, lBc. ;, Weetern, corn-fed, 4 lbs.. 18c; Weatern, corn-fed, dry-picked, mixed weights, lit ; Western, corn-fed, an lbs. 14c; Weat ern, corn-fed, 2Vttl lbs, 13Vio. Spring ducka, 14015c. Spring geeso. 1201JC Hquabs, per dozen W Idle, weighing 11 to 12 lbs per (.oxen. 5 11 I Til; white, weighing D to 10 lbs. per dozen, El 2.1 1 T3! white, neighing b lbs. per dozen, J2.VW2 T3, do , 7 lbs. par dozen. S2II2 23; do, M6'j lbs. per dozen, 41.23 31. uO, dark and No 2, 80C.CSI. FRESH FRUITS Demand only moderate, but values steadily held on choleo stock of most descriptions. Quotations Appier, pel bbl King. 2 7.1a ii.io llaUwin, S1.T.-Vu2l, Orrenlns, SI.T3 i'-'.T5, Spy, S1,75S2.30, other good eat ing varieties, SI 731I2.W medium. Slut W; crples. Western, per box, Jtftl SO. apples Dele, ivaro and I'runeylvanla, per hamper, f.cmooo ; lemons, per box, edti4. oranges. Florida, per box, M.7r2 25. tangerines, llorlda, ir strap. SJ ij 1 .10 Krapelrult, Florida, rer box. Jl 23 2 25, plneapptea. per crate Horto Itleo, t,2B e.l; I Inrlda, SIA2.30i cranberries, fancy lata varletlee, per bbl, $101. V). cranberrlea. Cape Cod, Early Black, per bbl., Ji34 cranberries, Cape Cod, Early Illack, per ctate, 75.HJt.60 cranberries, Jersey, pec crate. TJo est 2A; peoia, New York, pe bbl Meckel, Vi.M83; Uuchcu. S2QO, Howell. i2ft2.W, other va rieties, 1233, VEGETABLES Trade nas fair for choke stock of most da airlntions ami prices generally fair Quotailona WhiU lotatoes, jwr Tjush Hennsyivsnla, 380 (r.'u. , Nev, York, 4MSOe., white piUtoea, Jer ae, rer baiket, 33j40c , sneot notatoej. East ern Shore, per bbl.-No 1. S2lt2.T.1, No. 2. JI.W dl73. avveets, Jrraer, per bbl. No. 1, (Utt3.sg, No, 2. $222.23i aiveeta, Jaraey, per baeket. 6087M. Onions, choice, per buah , 70473c , do , ordinary, par bush.. 00 U5e , dc , choice, per 100-lb. bag. 1.2atjl70: do , medium, per 00.b bag. K&o 111, do . aee onda, ptr lfiO-lb. ting r,Jo Cabbage, do mestic, per ton, (788; do, Danish, per tan, tl0t)l2. Cauliflower, New York, per crate, 7no, tf I 26. Spinach, Norfolk, per bbl., Slafl M. Kale. Norfolk, per bbl , OSWOc I.fttuc. Flor lua. ler iu.ct alVHtS, do. North Carolina, per basket. TOftTV Peans. Florida, par baikat. liU4 ,V rggpUnt. Florida, per box. St 300 4 Cucumbers' Florida, par Uakat, 11.744H vT aauaih 1 trlua par basket, SI.HHfrS Celery, New York, per hunch 254Sc Mushrooms. par 4-lb. baskat, Itafl.SO. NEW VOHK BUTTER AND EGGS NEW YOItK, Dec IT -BUTTBH -Markat steady to firm, receipts. 7043 packages, cream. wr, extra, SSVic.i higher asorlng, s4M4fta., Htata dairy. 3l82c.i Imltattoa creamery, 3ii lit VR KQOsi. Steady : recalpta, ys receipts. 4683 caaaa. tresa aj , fraah. tlreta, 4aJ1jc T'aS,-,,r' mixed" ei arks, 28H62e extra, nrsis. aavtt Mearbv whites 4S4 48c; special marks, DIVIDENpS DECLAKBD IJooton Belting Company, a regular quarterly IS per share, payable Janu ary 1 to stock ot record today. Aurwa, Klein and Chleagu Railway, regular quarterly l'-i per cent on pre. f erred, pa v able February 1 to stock ot record Dcuipr . able Jaauary ii to stock of record beaiMn ber tl, Hear York Stela Railways Cfcoipaay. mtxultu auajiarh lv4 pr catU on prerraj and T pjr cast. o common, payable JaaiMry x to siCk. of rator rjecenbet 8j " imertcaij TVM Koundera LotoMtu isaular quartsHyl pr cent, ou traJirred aud Si irtftww " li Baitlsh-Awsrlcaa Tobago Cooisany iuieclaa SvTpr at awl JUwl !, pei .cut , bum M fcHarris baW pimi isTnar cant, on prelerra uauai uutrti pajabaa rebeuary iostaea; el lacord Jaror 11. aaaUwton Trust CoaiBauy, recular it est.rnr,jriU3y tnia w Stock CarollD Fsfer u UM V-owr. , reajvUu Susurtrly of 1 par -ru ou vraferrid. pajibis s"5ury J to slvck ot reorJ Uouibj 13. ToTuiaoua klal.aa.) Pjf and UBbt fom ijn re4ulr auaiteriy of . Jr " 00 ura lirrad sajrtii " ' payable Jsjiuao 2 to i Haie viu w",i, wM' j ,eeuii auar ejtl) 3U aata share TO ieau extra ij M t'Dlt.J 1'lUi tltaurku OIU.J., 1HJ1 u)r a"1 ' yu mat 1M1 1 t it. U.U br $ 10 s'w a ul rtyi 1 la. rl, w f VI kail 1 - ... r 111"- O.WWI wUrt ' ti jl am UuJ. , 2 I lit - r: . - .. - V&U I'Jlave 1if', 'jv a aflutft SJ14 xtra si uaawe ua uasbr m Tba Mail J il ra4. sua T(k li. ns Hitu juarwrl 1 yni tilt jo , .ttrntcl b I i oar cc t a -o'-iwi t iiii k 1,4 Jafiuaai a S9 aua k .rw.b .puw - UNITED FIREMEN'S ELECTS WILLIAM H CLARK PRESIDENT Prominent Banker Replaces the tute .Robert B. Betith, William H Clark, president of the Quaker City National Hank, wa today elected to the presidency of the United Firemen's Insurance Company, replacing tho late tlobert 11. Heath. Mr Clark is also president and dl. rector of tho Atlantic City Rnd Chelsei Improvement Company, vice president of the Henrico Lumber Company, treasurer of the Kenmore Paper Company, ett tary of tho Southern Transportation Company nnd director of the Independ ence Klre Insurance Company, the It ptibllo Trust Company, the Lender Sup ply Comprttn. the People's National Fire Insurance Company nnd various real es tate companies. FINANCIAL BRIEFS Stevens Ueckscher and Thomas S. dates were appointed managers of the Phila delphia Savins Fun, Boclety to fill Va cancies. The St. Lawrence Flour 31111s Company declared a dividend of 14 per cent, on preferred stock representing accumulated dividends to August 1. Stockholders agiced to accpt 10 per cent, of the dividend In stock, which will raise the capital of the company JJO.OCO, Tho Interstate Railways Company has decided to retire ilOO.OOO of Its preferred stock, of which 11,000,000 Is outstanding. The surplus has reached proportions which will permit the. retirement of the slotls In yearly Instalments, Ttvcnty-threc railroads reporting gross earnings for the first week In December show a decrease of (307,891, or V,76 'pen cent. A special meeting ot the stockholders of the New Keystone Copper Company will be held January I! to authorize a sole ot tho company's physical properties' to the Inspiration Consolidated Copper Company. The Crucible Steel Company of Amer ica hue deferred action on the dividend of the preferred stock. Simitar action was taken three months ago. Cable dispatches from London say that tho Grand Trunk will Issue 1,000,000 BJi per cent, three-year notes at BSH. The liabilities of "37 F. Tlersoiir Jr.. X Co, are placed by the assignee at elSf.EOO; assets 1100.030. Edward T. Itussell has resigned as director of the Continental and Commer cial National llank of Chicago, and Arthur Reynolds has been elected his suc cessor. Mr. Russell also resigned as director of the Continental and Commer cial Trust Company. New York banks lost tdi.OuO to the Sub tieasury yesterday and since Friday haVe lost 30,221,000. The minimum price on United Fruit has been reduced from 12a to US by the Spe cial Committee of the Uoston Stock Kx change. The total amount of emergency cur rency outstruidlm? In the United States Iibb been reduced .to )160.00O,CO0. An order from the French Government for 336,000 pairs of cotton socks was re ceived by tho raramount Knitting Com pany, uf Kankakee,- III. The price of refined sugar was ad vanced 20 paints to 5,03 cents. The annual election of the Reliance In surance Company for directors will be held on nc-a -Monday at 12 o'c!ockjjlnthe company's olllces, -v ' A prominent foreign exchange house reported this morning that It was han dling for the first time documents repre senting dollar exphango on Buenos Aires account, The California Railway and Power Com pany, which controls the subsidiary com panies of the United Railways Invest ment Company that are situated In the State of California, has Issued Its first annual report, covering the 1! months' period from December 12. IMS, when the company was Incorporated, to June 30, lull, the end ot the fiscal year. Nits In come account for the period stated above follows: Total Income, (820,901; total ex penses, $21,167; net Income, 1S0S.73I; pre ferred dividends, 3692,797; profit and Joss surplus, $115,939. Cotton exports today established a new record for one day, the total being, 107,000 bales. The De Long Hook and Eye Company reduced the quarterly dividend from, 5 to 1 per cent. The city ot Albany sold 1582,000 i per cent, registered city bonds to Eastabrook & Co. at (102,71. There were bidders. The New York Stock Exchange mem bership of Julian Dick has been posted for transfer to David Ivea JIackle. The consideration was JJ8.0CO, unchanged from last pievluus sale. The New York bank's transferred lM,0Qu to New Orleans, NOTES OF THE RAIL Proposed Increases In rates on lumber from points In Michigan and Wisconsin to points In North and South Dakota, were suspended by the Interstate Com merce Commission today until March ftf Total coal tcAinage ot the Chesapeake and Ohio In- October was !,0?7,rH. com pared with 1.JT1.71T last yar. For tr four months ending October 31 coal ship ments aggregated. 7.VIMH tons, compared with tf.SV3.Wl tons In lew, an increase of 1.W.6M tons. The complaint et the Chamber' of Com merce of Houston, Tex, against tile to- tematlonal and Qrat Northern and AV other railroads ot unrsoabU ejus and commodity rates between Houston, Tec. and points In Louisiana, was ptrttMly sustained by the iRturstftts Commerce Commission. It was held that oertain rales were reasonaVl and others ware unreasonable. The New Orleaau-Txa coin anon BAlnt soale appHsd aa a, rnaxl mum Between Heustan wad points in the Interior of Loi4laU was held reason able. Tue commtssteu ecdered that is4M team Houston to Interior point In Louie tana nhauld not exoeed ts)e oonWnaUb on the so-ealled gatewajfs. mek ne Shrevenort, AIeendfs. nnd Xunioe, exssf tng prior to SestenUeer T. HHJ. I m The Baltimore nnd Ohio, lb pvpiing te f grce oe tmw econorolea. has &fA JU Ueunt Olnxe nssstM tor a month, AlsSnt mm emploV(i ere astneted Tha siuiM st Uarinbur sue nUo closed, and sJMtttar ruouomlae nave asaaa eroeien us tne wt in Unas and W tbe Shenandenh nsad Mai, land dlvitatw -' -9T "- l 1. u4on bar sUvs aaa 1- : 9r a 4lmi iiti iiuus. as Vork asw. -, ,r ajfr f V.IM 4D --ttttS i.' yjlts a , 6ir,' wmasm Ut t Mt M M8) 4ysV-. i- -- '-v -s I tJ t f:a 1 1 .1 1 1 I 3 1 1 ' Mi bill wijff W.asia8