HijilMilwm.ipp'ili'mwi" mill siSSrl Hiu ft&M "wwmww1"111 w'l.i ''''i'i'i)"i''w w" "jj MwpidBrs,,,H!ew- ; FIn Effil jTsevr .-3 103.1 .1908, fi and fOOlI. iSOl.l, 5 1813. fetrvirf savjf r?enre Nor J. both bulldll of th or re Thai start, menti wtH SOth 8A Baled IUX. down . batia jsjo. aow By 1011. Lansl lot IBIS. nue. mis. on, nue.j Kit WIS. stre aven aeon This op i S dv InvndfJ Collec. A Phllad very it la leys. alevatj KCtlO 3The or m that i flty. catorl her burla Loivei Qroun Orisf !fcfaI yM mans sight r I LIGHT DEALINGS INWALLSWT; TREND IRREGULAR Declaration of Usual Divi dend by New York Cen tral Cheered Sentiment. Strength at Close. MSW YORIC Dec. 2I.-The holiday Jpfrlt prevailed In the trading o.t the Stock Sjcllartge today and the dealings were consequently tight. Transaction tot the most part were In 100-shnre lots, and In many coses for smaller amounts. Throughout the day the market was Ir regular. The opontng was generally an "i higher, and during the late morning a. reaction occurred which drove prices down In many cases below last night's closing, During ttie afternoon n rally occurred, and prices recovered from the low, but the volume of business fell bo . Jon- thnt done In tlio morning. A few minutes beforo the close the market developed strength. The last sale of Heading, which led the list, was 1H, up i Amalgamated Copper, 50, up It! New York Central, 8140., up M; Union Pa- cine, 114, up tt. ana Pennsylvania, ita, up 4. There was no news of any consequence. About the only thing which occurred to cheer sentiment was the fact that the Xow York Central declared the usual dividend. This helped the early trading. Tlio manner In which the stock market acted demonstrated clearly thnt security values wilt be determined by the easy financial situation, and not by the specu lative operations of tlio bearish room traders. Thcso traders seemed to have market movements In absolute control yesterdny, when United States Steel cdm mon yielded to the minimum of 48. Jt was assumed by the bear element thnt this decline would be followed by a. reduction of the minimum, perhaps, of 40. but after the long session of the gov erning committee at the regular meeting last nlgnt. It was strongly Intimated that no reduction of the minimum prices on the Btandard Issues will be made, except where that action Is based on some ovent applying especially to a particular group, ns In the case of Atlantic Coast Line, Louisville and the Southern roads. This , position of the governors leaves the bears at present prices without much (room td turn In, and for a time this morning the tradlmf element as a body was not disposedto .resume It 8 raiding tactics. One house which hud been a prominent selleryesterday was the heav iest borrower of stocks In the loan crowd, and when efforts were made to cover shorts the apply was as scant as the demand had been on yesterday's break. In United States Steel 000 shares were offered, Jby numerous traders nt 48 In the flpst few minutes, but when 1300 shares' were taken the other offers quickly disappeared. Accompanied by reports of lower prices for copper. Amalgamated Copper was Mubiopte.H tn tirtnniir rieMlnlni- tn JM: i after having opened at SOU. The closing last night was 49Ta. In tho late tiadlng the stock advanced to 43!s. The street was greatly encouraged by the announcement of the representative r a large Wall street house that the UisKanla did not bring nearly as largo an amount of securities as was generally expected. This man said tljat a large Amount of foreign-held "securities had been received ten days ngo. and deliveries nan aircany Dcen maae. Movements of currency this week In cluded a. loss tn cash by tho banks of IXM5.000. From the Interior the banks received 53,157,000, and shipped to the In terior J7,U.O0O. including $1,173.0:0 national bank notes Bent to Washington for re demption. Gain from the Interior was 12,131,000. Lobs on Subtreasury operations liroper totaled S5.3S1.C0O. Announcement was made that the Fed eral Reserve Bank of New York had lowered the rediscount rate on 10-day commercial paper to 4'i per cent, for other maturities 5 per cent. JERSEY FIRM IN BANKRUPTCY Ihe Hoadleys, of International ' Power Co,, File Petition. NIJW YOHIC, Dec 24. AUrecI II, Hoad ley and others filed an Involuntary peti tion tn bankruptcy against the Interna tional Tower Company, a New Jersey corporation In the United Slates District Court here today. A claim of (55,000, as signed by Joseph II. Iloadley, farmer pt-ealdent or the company, to his brother, Alfred II. Hoadley, Is the basis of the action. Assets are placed at J200.000, no riientlon being made of liabilities. , Stockholders have sought to obtain an accounting of the company's property, charging that th resources were turned tc- the benefit of the two Hoadleys. the former president having received a ralary of 11000 a year and his brother ICO0O. On December 11 the Chancery Court of Xiw Jersey declared tho concern Insol vent,' and a receiver in equity waa named. HINTNO STOCK QU0TATI0N3 TONOPAH STOCKS. BW, AakxI. ... .IS ,71 JI31 Butler .-,.... JUcNafiiar 5Wwar ..... VI . .OS .in nispan ciwuion .21 ,31 . -J .,17 . -t5 .IT 4T-18 4.I aicntana. , . , . . Norlbtrn BUr spaa uHKini . G USES : .3.1 .06 ti bui .;-.... UJa .03 .13 aO(.DFIELD STOCKS. . .SO .94 .or51 .Oi" .to .10 YM.'fia ".. f HI Caus ' f0ur .0 ild Mrnw . Wiuw ywftJUl .... WISCBLLANB4JfJ(3. ,,,iAM,.,t.. ...... .. y fcT-S Baler iufma .SaUHaul KjtWftJl I ft NBW YOBK CTJBB f vauir uun USBT HflfW Hpt OOVESKKBN2? BONDS Bi4 ml jam itumi Of W, . OUBO b. K(tmtN at la, KtJititJ .f tv!" ifUtr.i ur u: n& 1U to, 4k at lai ' BAB SJLVlit Uj-0 Um our Qtnaa it 4HM-. fti ft ''i i m wMIbm eetla Wi"M frl NEW YORK STOCK SALES Yw.CI. nith to JItroMMhs Siii Wt S3K aids Oilmen 8 Atrr). form. 4Q?i Att.V.ftvt.., ill Att.rB .. ni 8 8 fpi fltt M IB 4 n iOli 7H SHI mi H 87U 42H 38li 0 sou 7H American Can prcf . . . rn.CsrAr'dy A tr. Cotton Oil..... tr.TlldeA Leather.... )i Am. Ice 20Jf Am Linseed 7)1 Am toco... J2 Am. Fmetflne1. ........ A .MK Mi Atn.Sncar...... i01t 101J American Sugar pref.... 113 113K 1MW 10W MH Air.Tel.&Tcl........10 Am. Tobacco........ .. Anaconda copper ...... 2H Assets Itealliatlcm ..... a AlcMfon............... fO Alchlfon pref 91 PattAOhln D7W Batopllas Mia . .. felbpteel AIM jinx lion nm 11a IIS liu 24M A fO,W W fH H 6 SAM pv 42H 118 5 mn 00 67 u 4iH iirookijnOu 118 118 Prccklrnllapld Transit. H MU M Ml Canidlanrac .IJUfaT IBM 15-1 ''' California ret l'H 10 10, 10 Central Lea pref . . .. .100M 100M 100H 100; loom 4 rhtt&ohio mi MH 40H Chlcairo h Alton . . , . CMnoCopper. 313 OH 32U F0 103 DM 3l)i Pi 10 33 mi rMcaco.AIU.5t.FauI.. Ki CblotoOrcat Western. I0U CM Ot West pref.... 27M CM & Xorthwoit niillllrrs Sec . Corn rrodnctt,. ...... SH Oentcr and filo Orand . . p?i 9tlf 28 ss 28 12JJ I22H !2iM 13 Yi Yi 8 8 8 fi 0 fl 21Jf SOW 21 rrie lit prcf. ,. psh ' m " f CcnrolOas 112f 313 113 113 Del It nudson 138 138M 138 Ccnrral Motor... 75 77 701 70) OrcatKorthem pref. . .112 112JI 112 112 Great .Vorta Ore. Cent. 20 24 2.1W 23H Gurrcnhelm 45 43U 43U 43 )( lllCenlral 108 107!f 107! 107J( Intfjtoic-MetropcJItin. lit( 12) 12 12 Inrlrallon... 1331 10 in 10 Kansas City Southern.. .. 21 21 21 LfhlehVallf 130Jf 1201 120 127 Loose- Wiles nij. 20 20 !0 Mackay Co Man ell Motor Man ell Motor 1st pref. .. Maxwell Motor 2d nrpf. . . 70 HH 41M 17 105 52 0J 17 70 I4H 41H 17 105 02 0! 17 70 UH 41H 17H 105 62 0)t 17 M81P488M 107 Mexican rctrollum.... 61 MlS50url,Kanja.iiTe4U Miami Conner. 17 Mltacotlracluc National Dlscult National IlUailt prcf. Nat. Enamellns NaUonal Lead NeradaCon 'N,VN.IUH, New York Cen N. Y.. O.&West Norfolk 4 West Northern Fadac PacIHc Mall Fenna. ....... 03 OH n 0M 120H 120H 120V 120H 120M 120M YMH 10 10 10 10 43H 11H 64 82) 20M D8M 43 UK 63 81K 20l 08M 1103 43H 1134 63 813 20! 0 073 10).' 113 63W 811 20H GO 073 1DW 10H 10) lOaU 104K 102V4 10.1 I'trtsed Steel Car. 33XJ 34 MH Pullman Co 1601 1501 1503 itaun ay steel Spr. pref. .. 88 88 HB ItayCons 15 15 15 15 Heading ....140M141! 1301 1413 liepubllc Iron A Steel 18 18 IK Republic I. &S. pref... 75) 75W 753 753 hock Island ) l H i Ilock Island prer 1 Uf 1 1 IlumelyCo 33 4 4 4 Quicksilver V,l 13 13 Seaboard Air Line 12 11 103 10' Sears, Roebuck prcf.... 121 1213120 120 St. L.& S.Fran 2d prcf. .. 3 3 3 Sloss-Schcffleld 22 223$ 22)4 223$ fcol'aclaa 81K 813 81 bl Southern Italiiray 15 j M 14 It Southern Ity prcf .... 58 68 63 1r.nesee topper 203 'dOii 30 303$ Tcia& Pacific. 123i 12 12 12 Third Atenuo 35K 35' 35 35 Toledo St L& W pref . .. 4 4! 45 Union 1 aclUc 1133 116! 113 114 Un Pacific pref 783 70 70 7l5 Union Pac War "73 273 273$ 373 US Rubber 1st pref. ..1011 101 101 101 UBbtetl 48 483 48 43 USSteelpref 1033 104 1033 104 United cirar Mf 41 41 41 41 Utah Copper; r.. 463 47" "40J 40j VaCarChem 1714 17 17 Wabash .. 3j ; )i WtHeta Union i63i C5U i5'i 55) Weiitrn Maryland I6J1 16JI 1631 153 Ei-dhldenJ. NEW YORK BOND SALES Hlth. ! . K! . 01 . uu . atu S00 Adami Express 4i lOuuu Amer Ico Us xuuu Aitier Hmelc Sc Us. . aou) Atchtmn 'A U adj 4i 4umJ Atihtaon lj 4s itp llSOD Atchl.on U TOCO Atcblion cv ll JUOO. COUO Uulc &. Oh cv 4Ua.. Touo Ueth Bteel rfd bs J0UO ilrookn ltao Tr Sa. 1UIV, Ltuu Cent Leather 1st it. . 1W 1000 Cent I'ae tat it. . . X8' si SiiUO Ctiea t Oh cv 4W . . TOU no'. 40U0 Chi Ot Wilt 4s 0 1VO0 Chi a Nwn gen ata 4a tK 7U0U Cht . Nwn con 8a. . lout. MMJU Cht 11 Sc Q 4s 14 S 00-10 Chi Jill iritl' Dl 4s. el) 1U30U Chi Mil 4i St P CV 4i 1HJV4 ltoiio chl Mil & StP sen 4tia UD't i:.000 Cht it l Jt P tci col 4s. 23 120OO Chl II I & t 4a, .... 23 J0O0 Ctov fill t.lna l(U. . UH, 1BCOUO Con (I cv Kt W I llAJ'J 5000 Clev 8 T 4Ha am 3.1000 Dot & Hud 4a l'Jia. . w BOM) Del tc Jtud rrd 4a... . Ul aouo Den & Hlo Or 4a. . 7U aooo Uen & Jtlo O rfil Ss . . 41; 2UKI Oul'ont 1'owJ 4Vi. . . b3U 2000 Erlo icn lien 4i . 07 10000 Kris conr 4 Ser A. . (TI 1S0U0 Krle conv 4a Ber H. . (14 BOOO Flint i P M lit Ba... OIW 2000 Oen Motor Oa look 4000 111 Cent 4a 1052 bl 82000 lnterb Mat 4Ua....... 744 8000 lnterb It T nl Ji . WH, 2000 Inter Mer Mar 4J4a... . 20! 1000 Inaplmtlon Cop cv Us. Itlfl 1000 Juponeia 4He SiU loco Kan City 80 B,. ... to 20OO Lar-lede 0a Ba... 100); 2COO Lake Shor 3Hs 1033. 84 itvo 1.1c ft it T Ba OOK MOO 1-orllU.rd Ba luo(I 6O0U IrllUrd 7a 1:11 ti lOuo I.oula U Naah 4s. .. ulV, 1000 Lou ft N At Kn 4a.. 83 4000 ManhatUn -la sla., . B84 4ooo Minn AHtLli, .40 loru Mo I'ae B 1020., . bl lOOO Kat Tube Ba fiT loo'i oil! ft 2000 N y Canal 4a 1601 BOOO N T O ft M JH- ' C ft H JH- . t City ret 414... 1 4Ue 1683 4l?s May 'BT. .. ' (its Ji ft V 4a. . wuu n x imuu 00 120011 do iua N y OOOO K y Kwy 4a. 410W) do Bs ... . 2WO N X Til BOO Norf ft ' tea 4Vi . Weat 4a.. 2O0O Norf ft West 4s iscoo Nor Pac prior 4s. . T3.X1 Nor Pao 3s . BOU Ore Short L 4a 1000 Or Short L. ata 5i. 0000 Paelno Tel tts . . EOOO Penna, cv 3V4a BOOO I'eona 4s 1849 0000 Penna 4M . Bono Penna cv 8s. ICOOa Keadlns son 4s . 1000 itedjog Jer Cent 4s BOOO ilepub Cuba Es. . . BOOO Hep Ir ft S 8a lm inOu flock Island Bs . .. H4 V 0011 10 osjl a ojS 01 1000 Bt L A a P rrd at. 4 crfi US louu m 1. a a r rm s. . . . 1000 Seaboard A I. adj Cs. . 64K SOW South. Bell 8 ...... Mil SOrio Eeutn Pao cv 4s. ., so 1(600 da cv ret r p Bs 1034. USU UMX south Pao rfd 4a ba 60CM South Mwy Ja WW aooo Texas Co cv Os ... . M BOOO Tklrd Ave new 4s.. TM1 805o Third Aye . JMj C4, teuu itm r ,sj. u a niasM vs . 11 i9 I CHSM w 11 Pas 4a. UbIob 1 uai - V. Vu rfd 4s.... r (Sua H Cs.. ut Sa Va. Rwy 1st U vt cm 1 whi W .. Ifioa Wast store res 4) jtofei aalM, LOtt.19. BXVrDENDiS DEOLABBB UxUt and Hut jatT tnt patat, trd December HI. ?s$rsk$?imM I i, mimmnr m Mt T,Br sri e bwk k reeori) JOti S& &tf QaaMmy tHUftoViv i u iU(i jrearmmr a m hock of rtHQlft !K .ran ft rei CftMi Prad Jl oairiert l- ir ot nr ( nai aT.rtfcrr. KBsj J icwuMa' .tGflv 1 ser cet Do iraKaaSS xLSAt Heftfii wutuw 3 se 1 EVENING LED(4F-PHILADMPHIA THURSDAY, DECEMBEB 24, 1914. ,..,- . . . t ) ,r J in II ! II M j ! "'-Il IIHIM llsSfc I Ij Til 1111 IfMW IIMIWI WlillllHllli MIMnXatni H I I ! ISael I I I II '""'"''j;"" " "' ". .L CHRISTMAS CHEER rto 24!( 8 BO Ml Jt 67Jf 42H 38)1 S S0H 7W OBEOZED TRADING IN PHILADELPHIA Stocks Inclined, to Sag in Slow Session While Brok ers Observed Time-Hort-ored Custom of Yuletide. an 24H if An linciftaln tone'prevalled on tho local ekchangb today, v.'hllo tho volume of sales was exceedingly llgK nd trading fell off to nominal propottlons after 13 o'clock on account of the usual Christ mas celebration. After opening strong at 82 to S2J4 Pennsylvania gradually receded pelow yesterday's low point. Heading shbwed a relatively lijrger loss, but the reason for this was that the stock ended lowiir In New York yesterday than It did In Philadelphia. Heading second pre ferred sold off four points from the last previous quotation. Smalt losses were also recorded In United (Jos, Philadel phia Electric nnd Klcotrlo Storage Bat tery, while U. S. Steel continued to cling close to the minimum limit. In relation to this it was pointed out today by the head of a large brokerage house that many peoplo feel the present minimum restrictions only servo to curtail business and do not check actual declines which are thereafter established on the so called ''gutter 'market" where the regular members of the Stock exchanges are pro hibited from dealing. Lehigh Valley was quoted ex-dtvldend this morning, and sold a point below parity with last ntght'a final quotation. As had been expected, the company's Novombcr statement shbwed further heavy decreases In gross earnings, the loss amounting to $261,641. Despite a re duction of 107,1SO In operating expenses, net earnings also fell off 1161,301 compared with the corresponding period In 1913. For the year the decrease In total operat ing revenue was 1441,913. Operating ex penses were reduced $286,638 and operating Income fell oft $183,149 compared with 1913. With the company facing additional losses through the reduction In rates on anthracite into this city the outlook for the coming year can hardly be considered encouraging unless a sharp revival In general business sots In soon and season able better conditions prevail throughout tho winter. In tho local bond market today thero was little to report. Philadelphia Elec tric -Is were a trifle reactionary, while Heading 4s and American Gas Cs were steady. A block or J14.S00 Interstate Hall ways 4 per cent, bonds sold at D6 under the rule. This wns understood to be an aftermath of the Lleb'cr failure. XOCAL STOCK AND BOND SALES Tes, SO Atchlaon 10 Uth Rtel Hlah 4?;r 21 w 21;; !J iT IBS Low. Cloie. 0(H4 4.1'i 42 as 7T inu K0 Cain Iron .. . 00 Cam Steel 10" Klec Storage 10 Erie 2". den Asp prer 2T Ini Co N Am S.TO Koy Tele ... 2 Lehlsh Nav 5" Lehlsh Val . 120 North Cent 01K Penna 4:2 Phlln riec ... 4J 42 4T?, I!S 214 T8(i M T't St IM in'! 7T Alii .141 an' 111 i' BIX B1I lllii l-Hi, r.T, 10 Ptilla Traction ' TJ M .71",, TO,, :i SI) .1111 iiraainir R do 2d pref . M2 Tonorah ileJ. . OSU Tonopnh Mln.. H Union Traetlin 70 10 48 TO 40 40 7.'" an" SJU 4S 4 T'i HO -4S notT y. M United Oas Imp Ri 200 U B Steel 48 i Total aalea, 3.30T eliarea'. Laat prior 300O Am O i El .. S3V, S.Vi l(XO naldwln tat 5a. .1021; 1014 BOTO nioo & P Tr 4a. 7H 7fl l.V Ocn Aap deb Bs 117 U7ti 14300 Interetate It 4s nil :A loon Interatats II 4a. Ml r.tj 100O I'hlla C rona Sa. soft M 41 Phlta Co acrlp.. Ot 1)1 O00O Phllo Elec 4a.. 784. 7H nono Ttenrilns Ren 4. 02 l2 11000 ItKlillnir J C 4a. .. 001, Sold under rule. Total aalea, J.VJ.OI3. ffftje. jiiin. livv, (.'loae. sr.ti S.V1 lint; 78 1)714 BO , Bl) SO nt TN 12 00U mm T8 11714 m .in 80 01 T8 1l24i HALF HOURLY SALES 10 to 10.30 A, M. Jil Cam 30 Penna Steel 42 20 renna .. ; 13 do 321 s do aC 10 V 0 1 82)1 10 North Cent... 8U 10 Penna 11 B Oen A an pfd. 7H 20 Phlla lilec... 23i BO do 2.tii 100 Penna . .. ..IJ 1-lfl 10.1 do BJ B2 1 lien Aap Dfd. W 30n Tononoh Bel, 4i HO Kle? Storage, Hi Heading .. . 100 U 8 Steel... 100 do. ... .10 Lei Valley. 10 do. ...... in da 70S, 4t 4H . Bit, . niu . niu; -tm - MU 42 . B2J m Am naa .. 31) Atchison B ram Steel lo Penna .. 40 Penna 8.! 1.10 1 Phlla Elec. 2.1 1 i 20 Penna 62 IIONDS. I10O0 Elec ft Pcop Tr 4a.. 10000 Readlna gen 4a 40CO Phlla Klec 4s 1000 Phlla Eleo 4a 1000 Am 0 ft Eteo Ba.. 43 Phlla Co scrip BOOO needing gen 4a,.... 200O Am Osa ft Elec Bs.. 7S 78 8,111 SI 83ll Ex-dlTldend. 10.30 to 11 A. M. 25 Penna 5113-18" 20 Penna . . to Iieth Steel... 43U 10 U K steel 48 48 20 Keystone Tel, 11( loo Reading ...70 p. 10 1 Phlla Kleo,. tt'l 20 U B Steel,,.. 48 5 Penna 01 nOND3. tlSOO Oen Aap deb Bs..,t 11 to 11.30 A. M. OIH loo Cam Iron..., 10O Keystone Tel, B Uen Asp pfd. 42 40 Penna , 13U 10 do,. US l do. . . DOHns. .... BUi ..310.1A .31 11.1a 4000 Eleo ft Peop Tr 4a 11.30 A 25 Reading ,.'' 10 do...... 10 Penna ... jco Phlla. See 0 do 2u do.. 18 Penna. . SO . do...... ?.! a fnua ct.ee VaUey., mn Valley., ffljj 10 u eieei. 10 do Bx -dividend. 12 to 12,30 P. M. lOliai 82U 100 North Cent. ONDS. 1000 Baldwin 1st 8a , , )oeot Reading Jar Cent 4s SOOOtlnteretate ltwy 4a tSold under rule. 84 12.30 to t P, M, o Tern Steal bo Keyetod Tab 10 do Wji St) Cam Bteel..! S BONDS, 1 1000 Interstate Rwy 4a U Reading Jar Cent 4a. ... . 1 to i.30 p. arr J PWU Wee... 244 Ifeosa. DOR H i.ao to p. m. ! Ta Bel. 4 Me isjgB Uto. T11, I ruu Ml Mlfl. T "?$?. 5 11 msifo. 0 PkU BJe 4a 7g 3 to g.ao p. m. 2.30 to 3 P. U. PSfJH lSpbBi SluO alk 10a Tvoa... sa T CoTfT Q K A. Wit 10 Mta..:.t9-i tUkteesUte ftwr is .. rQis. (So li tfeti wW rnic UTS STOCK XBCEIPTS t93 ti4i. ... .78 . W.. to 12 21. Ot, to Penna ji, 0 S Head 2d Dfd. W B10-10 30 Reading .... 70 . 2BW 1 Reading ... . 0 . 2aja 13 Penna fill, .. 3t Isua I hn .. niv-j io isrie . .. 3,1(5 4 'Leh . 48 a "Leh .. 48 t iJlriftleTp. Bm, m. -gejiteMlaer ora talln v a f$S? ah lalTta jf MB Gals liB MWiaflLm i.3!'M w K i iH JL tmtmmtmmKmmmmmmmmmmmmmmmmmmmmmmmmJk FHANK C. MATTHEWS Who Is chairman of the commit tee on the Christmas festivities held at the Philadelphia Stock Exchange this afternoon. FINANCIAL BRIEFS Percy M, Chandler, receiver of the Tradesmen's Trust Company, hasj stnt checks to depositors covering an addi tional distribution of IS per cent, of their claims. This makes a total distribution of 73 per cent. At the regular meeting yesterday aft ernoon the Kovornors of tho Now Tork Stock Exchange discussed the problem ot arbitrage trading. They deolded to post pone action Until tho next meeting, scheduled for January 0. Shipments of coal and coke over the Pennsylvania Eastern lines for Novem ber showed a decrease of 6,719, DJS tons. Anthracite was tho only one to show an Increase, the afnount being CCl.OU tons, October gross earnings of S& public, util ity companies throughout the United States and Cnnada, at 1,078.161, an In crease of f192,Bll!, or 3.9 per cent. Tho net earnings amounted to J1GI8.923, an Increase of $2o4,7M, or 10.7 per cent. Emergency currency to the amount ot $630,000 has been retired at the local Sub treasury. Corn Exchange National Bank, $170,000; Union National Bank, $100,0001 Bank of North America, $50,000, and tho Sixth National Bank, $30,000. Manufacturing companies of this coun try have received orders for war muni tions valued at more than $3)0,000,000 from the belligerent Powers, according to Charles M. Schwab. By declaring a quarterly dividend of 1 per cent, tho Midwest Kenning Company made its first distribution to stockholders since organization last March. It was explained that the npparent de crease of $15,334 In November net earnings of tho Lehigh Valloy Transit Company was chiefly duo to tho fact that a full year's dividends nnd an accumulation of Interest from subsidiary companies were received In November, 1013. while in 1914 these dividends and interest have been received In monthly Instalments. The New Tork Contral new organization declared an Initial quarterly dividend of lji per cent. Action had been deferred until -the consolidation was complete. The. Baldwin Locomotive Works re celved -orders aggregating six Bmall loco motives for delivery In January. The directors of the Vc1ern1 T?..r.- Bank of Philadelphia, at their regular meeting today, elected Frank IT. Hard I to the position of secretary as well as cashier. The New, Tork Banks lost to the Sub treasury yesterday $3,177,000 and since Friday $8,531,000. Tho bond department of the "W. S. Baker & Co. wjll be under the manage ment of William C. Williamson in the future. In the local market today the follow ing stocks were quoted ex-divldend, ex cept for cash. Pennsylvania Company for Insurances on Lives and Granting An nuities, Minehill and Schuylkill Haven Itallroad, and Lehigh Valley, common and preferred. The average price of 0 railroad stocks at the close last night was down to 87,91, the lowest point touched since March 6, IMS. The high for 1014 was 109.43. A' Knw Ynt 1 fn)tnn P.nli.iiv. -, -- ...... . ... w.v.. M .v.ik.ibv .Mem bership sold for $9200 against a previous price of $9500. Ervln & Co. will move into tl'eir new ofTlces in the west wing of the Drexel Building Monday next. The Drexel es tate will occupy the old office In the east wing. The directors of the New Tork Central Itallroad Company, at their first meeting, elected rail the. same offiwra that had served; the old New Vork Central and Hudson. Itlver Itallroad Company. The board of directors also Is unchanged. The Chicago Board of Trade has' In creased the commission on cash grain transactions i cent, making It K of 1 cent per bushel, effective Immediately, The New York Stock Exchange has ad mltted the following securities to the list; $9,791,800 first preferred, $7,457,900 sec ond preferred, $9,883,200 common stock trust certificates of the Maxwell Motor Company, $6,8U,700 stock trust certificates extended to 1618 or the J. I. Case Thresh ing Machine Company, $771,60) five-year 6 per cent, convertible debentures of the Inspiration Consolidated Copper Com pany. The stockholders of the Concord and Montreal Itallroad have authorised the Issue of $300,000 debenture bonds. The proceeds are tq ber turned over to Boston and Maine In payment for Improvements mad,e under lease. The. New York Federal IJank redls count rat? was reduced to 48 per ont for SO day nd 5 for longer maturities. Philadelphia brokers stated tbey would not be surprised to see money work little tighter next week, owing to prsp aratlona for the end of the year and January dlalwraemenU. According to Bradstreet's, exports of wheat this week amounted to 7.91 ooO bushel; last week, 9.71,060 bushels; last year. J;M,6 bushels, since July L im. m,W teuahela: last year. 1W.TV4.000 bushels, ttom shipments this wek, MW.ooO boahels; last week. 1,194,000. last year, $400. Corn ahlpweeta since July I juRomtd to U&Ow bushels, compared with tOM.000 bushels during the aapie period pf ;JiJ, A Moteotlvta eawgiittee tuts axon fenns4 for the urfrJ and oaittoii,itks oJ Uie $. St-.plf Westan, ftall. ro4. mtmi in W hasMls of a reeeiv- srw4t tew Jtoaph 9n&m. Z Kew Tort m. sraw tujuk oawrmt uxMxwe Jfeia.r WHEATIS NERVOUS WITH GOOD SUPPORT ON ALL RECESSIONS Usual Desire to Curtail Com mitments Before Holiday Apparent More Sales for Export. CHICAGO, Deo. 24 Wheat values again hiovcd nervously today, bdt the market found excellent support on all recessions. The usual desire to curtail commitments before a holiday was npparent, but there naa no dlmnlutlon of Interest In the de velopments affecting the situation. There was more export business, sales being estimated at 1,000,000 bushels. The winter wheat crop generally Is well protected it ltd added moisture and snow covering can Only be considered favor able. A similar movement from tho farms Is expected during JanUnry. It Is esti mated that only 5 per cent, of the wholo crop remains In the hands of farmers in Kansas, about 20 per cent. In Oklahoma nnd 33 per cent. In Nebraska. Brndstreet's reported tho exports of wheat and flour for tho week nt 7,916,000 bushels, against 3,318,000 bushels a year ago. and since July 1 at 199,301,000, against ua-r.4fvA iu. ..ji . .. ........... ...v,,4ni,vw uiu (jicicuiitK .jHr. ruiurcs closed He. lower to ?c. higher. Corn displayed a strong undertone. Trado will broaden. Winter feeding Is liberal. Tho movement Into trada chan nels has been larger than usual and the corn thus far better absorbed. Country sales nro running light. There was some export business. Futures closed ic to lc. higher. Trade In oats wns broader. There also was a little Improvement in export busi ness, with much business pending. Cash owners aro firm In their views and for eign buyers finally are coming to the now bnsls. Futures closed c higher. Provisions were Irregular, following a slow start. Ono of the features was sell ing of pork by packers. Thero was a fair Investment call, but more caution than usual In carrying provisions over the holiday. Prices were easier near the end. Leading Wheat December May .... July . .. futures ranged aa follona: To?. Open. High. now. cioae. cioae, .. 1.2HK 1.2U, 1.2SVJ ti.ai'i tt-SH .. 1.10t 1.20i 1.10)i1.20 U-20 Corn tne w delivery) uiKember May .... July .... Oata December 31ay . . . . tard January May .. . , Hlbs January May .... Pork January May .... uo;. oo'i o :sji T27 T3J5 72ii T2 T2!t 72J T3. . 49 494, 40 0U 4H1 . MU M. 03 S3!i "Mi, .lO.nJ 10.12 10M 10-12 10.30 .10.30 10.S5 10.00 10.33 10.4T ..10.10 10.17 10.10 10.12 30.10 ..10.45 10.30 10.43 10.47 10.45 . .19.23 18.W 18 2S I8.8 18.SS .18,33 10 00 18.82 13.05 18.83 llld. t Asked. Nominal. LIVE STOCK QUOTATIONS CHICAflO, Dec. 24 IIOOS Receipts. r.S.OOO; market, n to 10 lower; mixed nnd butchers, SB.ll3n7.1S: good hcay, n.no7.13; rouith hcaw, o O.MrO.8'.: light, 30.70117,10; j.lira. 1.21t?it21: bulk, n 0007.13 CATTIn Ilecelpta, 2300; market strong, beeves, 'H.7.frl0; cons and heifers, J-'I.OTSJ M.40: Blockers and tee1era, 11.3000.30; Texana, OflT.VS: calvea. J74J0.10 MIBnr Itec.lpta, 10,000; market, strong; native and Western. f3.T083.T3; iambi, 3.T3 8.S0 NEW YOHK BUTTER AND EGGS NEW YOIIK. Dec. 24.-nUTTKlt-Market firm: receipts. 3433 packagca: croamcry, ex trna, 34Vi333c.: hlslier acorlng. .I.IUQ.nuc,; Hinte, dairy. MffMHc; Imitation creamery 2ST23Wc, i:oad. Market ateady; receipts. 4.101 rises; Ir. transit, 3332: trtnh extra, firsts, 'ITff'ISc.; friah, Brata, SOc.: nearby, whltca. 47B40c ; nearby, mixed, ,10840c ; apodal marks, 20c. OBJECT TO BEING EINED London Brokers Raise Point Regard ing Rule Violations. LONDON, Dec. 24. Brokers expressed disapproval today about tho proposed tines for violation of tho rules when the Stock Exchange opens. There was a larjto attendance In the street, but little buslurs wns done In securities. Tho gen eral toplo of discussion was the restric tion placed on dealings on the exchange. Members, while letting; It be known that they were not cheerful over the scheme for reopening tho exchange, indicated that they were resigned to It. Thefmembershlp of the exchange Is ex pected to suffer, as the restrictions are likely to keep away the smaller members and tho Jobbers who have found employ ment elsewhere since the outbreak of the wpr. The tone of the gilt-edged Invest ment securities was hard, especially the new war loan, Americans wero heavy. Cheerfulness prevailed In foreigners and mines. RTJBBEB 00 CENTS PER POUND European Wer Has Caused High Prices. NEW TORK, Deo. 14. Rubber Is soil ing at SO cents per pound as compared to the usual price of 45 to 3 cents, the rub ber Industry Is paying- a war bonus of about $250,000 per day and 125.000 people connected with the trade are threatened with a loss of occupation, all because, of tho war and the British embargo on rubber shipments, says a statement of the Rubber Club of America. t "A. special committee of rubber manu facturers apd importers has been working with the State Department, which la thoroughly- alive to the situation, Owing, however, to the uncompromising attitude of the British Government, nothing ha.3 been accomplished," reads the statement. RATES EOB, MONEY Call Philadelphia New York 2K Boston ingi i,nicaso ! 0 uu Mercantile paper, a to o montlu pnia, tiKHfe per cant. Reserve Banks' Discount Rates -Pays-30 to I SO or leas. .. 8 ::i .. a . ,. r. ... s ... 3 ... s ::Sh :: S oata. Boston . ., . New York ,.. . Phllsdelphla ... Cleveland Richmond . Atlanta Onlearo ... ..... St, Loula . . . . . MlaneaMlls .... Kansaa'Clty . . . DaVUs Ban ytapelito . , H DO tH s B tt B 8 BANK CIiEABINQS s,a4BJeifiJ,B&.pfySr.' "" Tk41ttslaJrOll. UIIUAM IfiTff... se. i!R.. 8ETY..V ..nitigffi lKtday ilOiSs ' ' !mo lloly St tSSJa . .. -O0OjMO IWiSf 1,'OOAII BOD AND ASKED W WBH saaiaii m igWm iw Iifcrut',s ... vauajr "Val TV Time. WT s!4ii .1 fcC4i a gut Fhlladel- w.tnB.amM u-m'Sf f fHtaI gjiwrlB ' pro Wt'". ut 1. . fSSSjSb BMsaent forwmib Vlnfus Vam Tsa4U v Oaf iw fjk K5' , .. 3 en! GRAIN AND FLOOR WIIBAT. Itecelpla, 168.811 bu'bej he rrark. t a firm nnd le higher, with ft good demand Quotations . Car Iota, In Mport ele vator No 2 red, pot end nrattber. -? Northern Duluth, $1 S0L31). w . CORN. Receipts, 48,821 bushels. Trsde wa fairly active and prices ot shell'd corn nere lc higher , Quotatlone- , Car lots for local trade, as to location No. 2 yfll.. new. 7r,flj&Hn steamer yellow, now. T40T4ilc ; No. It jellnw, new, TIJJMHc , sample yellow, new, 0S7Oc : new cob, per 70 Ins., OTfltwc. . OATrV-Recelpte, S3.8BO buihels. , .Offer ings were moderate and the market ruled firm, though oulet Quotations No. 2 white, BJHW J.l standard white, MUBBSc; No. 8 white, RTK was acarce and firm at Jl.08tjl.18 rcCJ'HV11' Quality and location. rj?UR neeelpta, 2240 bbla. and 2,fllS. SGS Iba In sacka Prices were flrrnly held. VSi tJ'r1 w 1'Wle doing. . Quotalloina.rer ld lba In woddi Winter clear. fJ.PWJ.lpS do., straight. I3.2SB3.B0: do, natent. iimnB; Kansas, straight, jute sacks. B.MfB0; do, pAtent, .lute aaeka. S.0O.- 00: enrlnr. first clear M40in,m: ,o atraUht. B.03fl3.nOi SJm-J!? fnt-. "Ort 23. do., ravorlte brands. fS SvSS S ctl' rnUH. choice nnd ranoy nntent. ft.3Sfln 03: eltv mills, regular jtrndes-wlnler, Hear, 4,no3.10: do., atrolght M.233S.B01 do., patent. At n.Vn. VE .FLOUn. Waa In small supply and "rn,--vS-OUoto nearby and Western in wood at loao.co. PROVISIONS Trade quiet and largely of a Jobbing chnr. jcter. but . prices steady. Quotations: City beer. In seta, smoked and air dried, 2S02t)e,: eatfrn beer. In sots, emoked SSfl2nc; do.. air dried. 20J0e.! do . Weatern beef, knuckles and tenders, smoked, to-s'loc.!. beef hams, SttA&ti. pork, famllr, Zl,ROit24j hams. B. P, cured, loose, layjfiltc,: do., aklnned, loose. VteiaHc.S do., do. smoked. 134.114c: other name. emoKcd. cttv cured, aa to brand and ftiernae. 14U1?1Rc t hams, amakett. tveatern neTBRe..,14t4'lBc,! hams., smoked.. Wcatern rured, 14401Sc.i do., boiled, boneless, 2nr lle.r plnfo .shoulders, a. I. cured, , loose. cured, 14401Sc; do., boiled, boneless. 2nr 210. In pickio. nccardlna; to ttteraae. loono. 14V.IQ) 18c: breakrast bacon, aa to brand and aer b. Utr cured. IflJIlOc: do.. Western cured. IBillOo.l lanl. eatern. reflned. tierces, llie llUc.i. do, do., do., tuba. llcMUic: do . Pure city, kettle rendered. In tierces. lttl'lc: do., pure city, kettlo rendered. In tuba. HO llUc. REFINED SUGARS The market oulet and without Important chance, Ilellnera' list prices: Standard (tran ulsteil. Ctia.i flna eranulated. 4.D30.1 powdered. nOv., rontcctlonera' A, 4,83c; soft (trades, 410 'W4..VC. DAIRY PRODUCTS BDTTKIt. Offerings wero light and the market ruled firm under good demand. Quota tions: Western, fresh, solld-packod, creamery, fanry special, .17a: oxtra, 33c. i extra nrsts.33 J34c: rlrata, .1lC32c.i seconds. 273200.: Indie packed, 22024a,, es to duality; nearby, prints, fancy, tsv do,, average extra, BdltaTc.: do. mats, rifiilto.t do,, aeconfla. SanOc, Special fancy lunnds of prints Jobhltiir at 4-16430. KOOH. Ilecelpts of pholco fresh eggs were promptly cleaned up nt firm prices. Quota- iiunsi .11 live .ni.a. iica.ujr. c.iiun -v. pi. dos.: nearby (lrsts, $12 00 per standard case: nearby good current receipts, $12 per standard case: mixed held and fresh nnd ordinary stock, 10.20H1.10 per casei Western extra llrsts, $12.00 per case; do., firsts, $12 per case; South ern, $11,404112 per case. Refrigerator eggs, spring pneked, an to quality, 21u2Gc per dot. Fancv selected candled fresh eggs were jobbed out at 4Jer4ne. rer doa. CIIKEHR Offerings only moderate and market ateady. but trada nulot. Quotations: Now Tork full-cream, earlier recelpta. choice. 10c.; do., do., current mako. cholco. 13c. 1 do, do . fair to xocd. ItUaM'.c. do . part skims. 811c. POULTRY I.IVn. Supplies quite liberal, but demand fair for fine deslrablo alzed stock and market developed hotter tone. Quotations: Fowls, REFUNDS 6 PER CENT. NOTES Interborough-Metropolltan to Rellre Existing Outstanding Obligations. NEW YORK, Dec. 24,-Tha dlreotors of the Interborough-Metropolltan Company nt a special meeting this afternoon au thorized tho retirement on January 1 of $3,000,000 qC tho company's $4,000,000 5-year 6 per cent, notes which mattiro on July 1, 1915. Tho board also authorized a new issuo of $3,000,000 10-jcar 0 per cent, notes, which arc to be retired $300,000 annually through workings of a sinking fund which has been provided for the purpose. Alt of the $3,000,000 now notes have been taken by holders of old notes lit exchange for thelr present holdings, and 'the en tire matter In this respect' closed. There Is also n provision that notes may be called and retired at any time during the 10-ycar period. The remaining $1,000,000 notes outstand ing was taken care of by the extra 5 per cent, dividend recently declared by the Interborough Rapid Transit Com pany. KANSAS GAS LITIGATION ENDED BY COMPROMISE United Gas Improvement Co, Sub sidiary to Re'duce Capitalization, TOPEKA. Kan,, Dec. 24. A stipulation pro ildlni; that the stock and bond isaue of the Kaniaa Ono. Company la to bo reduced $12,000, rto and litigation between the company and the State of Kansas la to end, was tiled In the State Supreme Court, at Topekn, by John 9. Dawson, Attorney General, The stipula tion, which was signed by officials of the com pany and repreeentatltea ot tho State, pro vides that the trunk and connections pipe lines of the confpau) aro to be turned over tn the oftlccra aa roou aa crodltora ore paid. Uut the company's affairs are to remain under control ot District Judge Flannelly for alx yesra. The Company la a subsidiary of the United Gas Improvement Company, and receivers wore appointed by the United States District Court far It December :il. 1013. They were dis charge January 20, 1014. Tlio company s a consolidation of the Kansas City Uaa and Missouri Gas Company, 11 1 ' ENGLISH RESERVES FALL Bank' Reports Heavy Reduction In, Deposits. IXNDON, Dec. St. The Bank ot Bnsland la Its weakly statement today reported a decrease of -,"",000 in resource and heavy declines In both public and private deposits. The proportion ot reserves to liabilities rose from 33.31 per cent, to 34.14 per cent Last year at tills time the proportion was 44.01 per cent. The details and comparisons follow: This week, last week. Last year. Circulation . 3S.irso.oui ac.&:ii,noa so.8nf,rio Publlo deposits 8T.4JS,Ooo 43.167,000 MJ1 o6i PrlV. deposits U5.403,M)0 125. T0,0W i'0T00U Government aecurltles .. H.S05.000 11,000,000 11,119,000 Other seeurltlas . l,3,0oq lifUsleOM as.tMO.ow) Reserve. .... S3.o08.0C0 M.ZM.OOO i&tsTOOO Proportion of rcservo to lia- v bllllUa .... JL.44. 31. 31 4101 Bullion .. . T0.5T8.tOO T2.4l4.i SMUT.OOo Bank, rate,... 3 &$ "a COTTON CLOSED STEADY Heavy Exports Caused Recovery Af ter Early Reaction. NHW TfORlC,' Deo. Ji.-Cotton bualas was quiet in the afternoon, prlca hold ing i or 5 points net higher, having t wuvcio... Bca 1'u.ii.a ui me euny re action. Heavy exports were a fastor fn the afternoou steadiness. Southern snot markets showed little change, ineltipetl tn today's exports were satis balss from Norfolk to' Bremen The exports of cot ton today were ST.UT bala, compared witn IMC bales on the corresponding Ua last ear. Tlie day's total Included H.TSft batM to O rest Britain, tt bales to franc, 3d.SH bales to tb Continent and mi baUa to Japati and Ohjna. Total exxoosts far pa simlsvh w utsw anHitani to x,sw. m balM. against t,m,m hales laat ae- SOA. gwt4e$t Bxteads Moratorium : sTOqow. iw. u. tp, aweAiii Ooverasftsot has Tclded to tad its moratorium 00 fercdau dbts uatii Xwck l. tt waa annouaoM today ?0RJSIQW IXOKAXOS m. PfM. Hteh. Law Ctosa. TO ! JJ S l r.(.W rOKi.. ub 3t.-Ttt. I.i.1,1, (uuar, i ITw jm the BtoAjt ! TELl. i atrtjr gjwjwni, sterling ( M able iTfKT THE PHILADELPHIA MARKETS 14.314ft nl,1 i-oaaiera. lOfilOHe r.ftll.nn ncenerllnff tn ntlftlltv Keva. 18817c ducks, 1114i , aeeao, nfei; 11B130 . apiece, per pair, OOe w elKhlng 1V01H 1 BPiTcv, ii. .toil wu.i.'wx . .uiiirna pair. 40r : nlireons, per air 18G18c l)nKHSEI)-8upplIe liberal and rniti nmn nun luinci tunc, uiitici n llgnt. I. ... .. t... IhAM. Jt ... .. 20o. s fuerngo receipts. lOglSe t Inreriofj 015c.) No 1, old, .lc Fowls, 12 Vo dry-packed, selected heavy,. I8e.. wtltiial 4HB3 lbs apiece, 17c I do., 4B4!1 ffl onlcr. mUr.V do 4 Ihs. otil.V. IV "' nit .t !-.-'. , .n.-V. Jl 'n 17' "' Q. IDS. fl IIIDLT. Amnuv.i- UU. .1 in, v. Under, 12tfl3c. fowls, ,bbls dry-pieki Heatern, nrfpicKea, .jVsWi M lbs, w anJ.4 180.: do.. 4 lba.. lBc.! do., tlti li 14c.t do., 3 lbs. and .under, .KeiM.r'S fnAaiTas.si r1-t.nlbae1 ItiAit. Krsxtl lets. i.i.i V3! NVnt-hv. 1UI3I2 fh. NnU. antftW . J?fl faff in mnA 1 ft fT). t Brt WAstsah TltfntlL ?.l ".. "-i"l'.", -."-i 'riivf-fjvwi lb1 Inff. chicken, dry-ptick?d In hfiTse. 5t.iES iiT" ".". . -i ia...T .-".".T in Dnxae M k-rjl 3e,!mllk.fed, isTB IB IO 1M IDS. ID OOZ. aaETBLIJe. nor. 20 inn, to ooi . 105B2IC. t corn 'iv joa, to aox , jubgitici corn-rea, is to 24 ni.s to doi., 20iB21c; corn-fed. 53 to no ihV'HI S7..' 7-.;;:-i' .. 'i.-v" r? '." . milk-fed. 43 to 47 lbs. to doa., lBUc.l liftfli nnbi iiuiH-ieu, milk-fed. 43 to nT in it IK-. .a jt.m ...YrVJ rr m M ilia tn siss . -i,n eHiiii. ar. j Ah mi . . -' cs -mi ivai t,u uvaii j. a f aiuinieu, nil I nfj. m, IOZi. fed. ', -- -,..-" ....I, uut, A.C" 1 i 8e,! corn-rea, uu ins. ana over, isc.i roit!n. rl,frbi ilrv.n.-l,.rt. In M,l. ' tv.-i'-.i""1.1."". .............- r..2.., ... r., .,ii,, mils fed. dry.plckei mllk.fed. 4 11 hn . n in ann mwkw tt. . yw.-...;, r "jx:'fc"w ".' v ... "wj WB.i. iw. ; vvcniern, milK'IM ids., ae.tc.i western, milk-red, dry-rlc!il. mixed weights. 14O14U0 l Western. mfiv.O ictiWJ SUlS.lbs.. 14c, i Western, eorp.fed, ft lb., inil A.;.w iam , w..i.ra .....f a ',.- vrn.?J V!,VA. "' "i:X"'A' -".'"i J"' 7.'u'l .? nicked, mixed w.lrM'.l 14c; Western, corn-fed , 314 lbs.,.14!.f Weiil 10 lbs. tvr doion. nWrfli! nhlf a ti .J.. ... mn tmi'iJ a "" ... 7e.ia IliBa l'TI 1IU&CI1 .I'IJ-)I QO.i 4 I til rr R1 M rlarlr tanrl J f ' RAs ! U""' . v lu. Hln .. ..v. ., wniji J FRESH FRUITS The market generally ateadr under mrwi.i offertnga arid,, a fair demand. Quotation!" Apples. New, York, per bid. King. 23: iffi w n. $1.7302.00: Greening. 2m.C Snv. $1 li : otner Kooa eating arletles. $l,T3BJfii); rnodUini.lfil.6q! npnref. Western, pet tor 7r.c.$1.60; npnlos, Delaware and WiSS per. hampor, 8WOO0.: lemons, per box, tiiai S.OO; oranges. Florida, per box, $l.23B3i ViS gerlnes, Florida, per strap. $247.1; itsei fruit, Florida, per box. $1C2: pineapples! per crato-Porto Rico. Sl.23a.1i Florida. $10 t.no; cranberries, fancy late varieties! p,t hhl , $.1.73174,25; cronbjerrlea. Cope Cod. ):ii Dlack, per bbl., $304; cranbctrles, Cape Coa Hnrly IUsck, per crate, T3e,?i,B0: craaber. rles Jersey, per crate. tReBii.25: pcara NW Tork. per hid. Racket, $3.B0an: Ducheai. $:oi'J Hon oil, $2412.60: other varieties. J2B3. $ VEGETABLES J Demand fair for cholco stock and values, generally well sustained. Quotations: '' rtivyn , nniie uu.u.ikjb. per ousn.t-ennsyivania. 51 imow .icorK, 4nir&uo. White potatoes. Jersey, per bskt., :i3HOc. Sweet potatoes! Eastern Shore, per bbl. No. 1. $22.73: No . t TJXt tn Unn,. T.... ... kL.' ... 1, $1jn.50: No. 2, $202.28. . Sweeta. Jfraey per haltt., 60075c. cSnTons, choice., per buh ' ,iwr75c.; do., ordinary, per bush, fiiVBOSc.: do choice, per 100-lb, bog, $1.2.-.M1.B0; doT. ms- ?'l"lr?j: -JJteS. aWiStfi . ic.ijfi: 00., seconci, Cnhha&ra. atti,ii per ton. $SJJll; do, Dar.lah, per ton, $H11; Caullflnwer, New York, per crate. 73c.CJl.C5. Hplnach, Norfolk, per bbl., $l.23ni.0O. , Kale, Norfolk, per bhl., I!0ffl73c. Lettuce. Florida, per bskt.. M.23 1.73; do. North Carollni, per bskt,, lOf 1 5c. Ueans. Florida, per bskt., 42 pi. l'ene. Florida, por bskt.. $2.6(Wr8. E. plant, riorida, per box. 2.30tf4. Cucumbers, Florida, per bskt , $1.7303.80. Squash. Flor ida, per bskt.. $1.80(32. Celery, New York. f!?!,!m.1cn. 23f43o. Mushrooms, per4-lb. bskt,, olC1.80. W. w-,l'. una, in'Mii.. bttiioagB, IRON AND STEEL MARKET SHOWS IMPROVEMENT Mills Are Operating n't Increased Capacity and Better Demand Is Reported. The Iron and steel ma rice t Is reported to bio- somo Impiovement. mills are slated to bo operating at Increased capacity and a better demand for finished material Is reported, faja R. G. Dun & Co. in their weekly review of trado con ditions in Philadelphia. Buying lias been also better In the plpr iron market, though large tonnage docs not come uut. Plants aro operating on about a 0 per cent, basis. Prices nre reported to show but little chnnco. Rnllrondn contlnuo to be but small buyers, butva fair amount 01 miscellaneous ousiness is reported. Prices are generally reported reasonably firm nnd collections fairly good. Conditions In tho hardware trade at this time aro little changed from last report. Dealers In electrical goods re port 'a good domand in holiday specialties, especially during tho list week, and h satisfactory voluihp. Of business as re gards household goods. Large orders in connection with building operation work show a falling off. Stove dealers state that more seasonable weather has con siderably stimulated their trade nnd job bers report a good volume of business, with prices firm and collections fair. Foundries are operating with somewhat increased capacity nnd note a satis factory demand for staple goods. Anthhiclte coal Is reported as being' In good demand and trade has recently been fairly brisk. Bituminous coal con tinues in u slump, nnd the demand ls considerably below normal, gome operJ ators are reported to be selling nt price. which are claimed Jo be below the actual cost of production. Tlio leather marktJ Is firm, prices ranging high. HeaiM leather Is in demand, but the supply d Bmall. Millinery houses state they pvV having a normal holiday and mldwlntefi trade. Collections are slow, 1 Work under course of erection is keep! Ing a number of builders and contractors fairly busy, but there is not much nell work, being started. This Is the duK season In the building line, but mP usually as quiet as at present. Eetii mates have been submitted on a number! ot proposed new buildings and altera-) tlons, which owners are still holding' back, but it is believed tho coming spring will produco a general active business In the building line. The last week has been unusually dull, there hav ing been only 96 permits Issued by tlia Bureau of Building Inspection, and theaa" only for small, operations. To Take Over Claflln Business NEW VORK. Dec. Si.-Followlng the StaiF and agreement of reorganisation of the liriiT rtuflln loinpaor, tp Memintlli SWreT t orporatloii has bean onrsnlted under the law of fh State of JfTw fork Alexander NeV ; elected pieldeot tt is contemplated that within a short time a company lu be known a the II U XMsfllft Lorpamtlon will be organised to succeed tlie wholesale business of the II. D. Claflln Coot paoy. ' 1 k AUSTRIAN BANK RATE QUT, ..vnirw.i. ? -fc-u.uieri Vienna, curr svoodSBt aaye. that the Austrian bank tale bas'ften rwlueed to BH per cent H "" DIllUOTOnV op ACCOTJNTA!Tl Public Accountanta UUBNfl SPHAKMAN Tba Bourse Audits. loyeetlgatloas. Financial SUtcmsata. niviDKNua Lniliail VAILBV RAII.0.tt COMPANY rwiaoelptola. Deceuber 18, 1014. " Valley IUItroa4 Company have this day de clared a quarterly divldeua o( two and one- wis.. ., ... iuf i 9 per snore) on s preferred stock 10 stockholder, of raedtd Dceewber M, 1811, aud a quarterly dlvtawi, of tvtu sad eaevlialt per cent or $1 So pe?, share) ou its uusum stock to s'Ahslde.. January , 181s. wfrnuis si oe ntaiiaa. 1 U BaXTH. Trsasurar ANNUAL UflxSTINtlS rfp. TUB ANMJ.W, UKliTINO Qtr TttJ sUtVn esjacKAalclsrs of the HeUwaretHUI aaea vrnwaay u rnusutijiui wilt o a. a. w sbhs 01 me tempaay Tia m- kestut at; 19lX W ft iv ill b eU Hreet, oa JilMHlsjr, jasuaiy X tt Otask mfnlT &mva dire jsximsm 8FH t' BOXOHTK ILu ......pvtl SSSEal PAI. Apt HHT1SMMKT!4 &-;& IBWATJB OF BHKtl MtOHS. lap. mvr-Kf evejomt 9 oraaaat l.iUn uu, ;,,,li , v 4 state Db3s ben rntcJ 1 the v H all twraooii i- leot4 iv j wiJ t aOo waJet-, lll. .:uan E to tr,ai: i4 .i s ua 1 ioe ; nav; lL, Lifcili lH - -SH KAOlS ;JikI-ti J UA it a Iter nt ft: . , , sitfiy j""' ' ""ssr "te.j ri?y.-