gYEKiyg tvEDGERPHlLADELPHIA; SATURDAY? JANUARY 2: 101S
J-- . sill.... "';.. xv-xuxjiAimiiriHA; gAX-UltJLJA X; JANUARY 2; 1915 ;$ "
SWKMARpTSTARTS NEW YEAR WfHMiTmMNTllAT
BUSINESS LIGHT
ON ABSENCE OF
BUYING ORDERS
i.
fBeUer Feeling Shown in
"Wall Street on First Trad-
r-- r. M... V-
ing Lay U1 tC" a ecu.
Wait London Opening.
' ..,-.- Inn $ Thorn linn tin
A NEW iu"' """" " -
fimpfovement In business on tlio Stock
f'firhsnBO today, but everywhere there
'was moto cheerful feeling for betterment
- liHho nodr future. 1'rlco chanson nt tho
'nnlnc- were inslsiiMcnut, hut Inter the
Imarkef Slnd sUcngtli, only to react
le.i beforo tho close. Attendance both
tM&ln the noor anil In brokers' dikes won
Jtty light. J'10 "men mi me ''" ""'"
were IWM lial'C3- 4t00 moro l,ian th9
u'fitiX hour last Saturday. Total sates for
rtM day wero 23.SO0 shares! bonds, $562,000.
hnt o n10sl pavl ,lcalll1BS wero lu Bpc
:fci.lleir. There were no buying orders In
IMoVlitettce. Trndors showed a disposition
"to avult the opening 01 mc jvuuuuii.niuc
JV.,l,.i:eo on Monday for restricted
btV...iinir. ' '1
m''-ftin ronorla from tho steel trado today
"J Mnlh.ucd Bood. and In tho Pittsburgh
district It was said mat orncra aia dchir
Ifcooked Bieatly In cxcoes of recent months.
TAdded to this Is tho advanco In structural
Isteel of Jt t0"' wn," WOIU "uo Cl"
Sftcl on midnight Thursday. On the be
frief tliat the rallioads wilt, within the
5 next month, m,t ollt Inquiries for ncw
equipment car muKcrs urc unuursiuuu
frto.lmve been buying largo amounts of pig
fit ,:..
-toiM fi"c. ....! iwillnf llu'nucliout the street
j- elJ1B HU,cltl. Uw., .
4
wm
JFi. ih.ii tlio chances of further cuts in
iTllroa'd dividends nrc bcconiing smaller
atUy by day, duo to tho moro careful
'fconslueration or mo u per rem. iruiwu
iXrate decision. Railroad oniclals hnvo
wMkccme.' to realize that tlio decision was
-ittly a big victory tor ine astern car
briefs, v The Bank of England lias sold another
F'tonslgnment of foreign gold. This Is
Hh Second time since tho war began.
frr-hV arhount was $5,070,000. It wns re-
V-ported that the gold wns not for export,
ffbut that It Vas a transaction on behalf
t.ef 'lite Bank of England's branch at Ot
tawa, for tho account of Now York.
"Pennsylvania lost H nt 10r?i In tho first
ftfauV. on the poor earnings statement for
.November, but before the close regained
P'the loss nt 10154. Tho earnings of tho
Ksystem weic mo poorest or any inonin
!tWs,,ycar. Tho groan sagged off $4.78.-
T Ml mm 'Ilia anmn mnnlfi nf lnt vuni.
,' while the net declined $943,040. The gross
or the" Pennsylvanln ltselr fell oft J2.1D3,
,,W and net $131,964. Thu statement of
'!
refill
And
Belt-
ibri
B1
terw
erei
9 EM
KQli
dtr.
" Kl
iar
loteci
01
y" E
al
nnliuB
5
:
thr Panhandle was also unfavorable.
,. Tf most Important chnngo In prices
fwas the loss of In Missouri, Kansas
'..and Texas common, which sold at 8.
WTM dccllno follows lu lino with the
.yielding maruct In Missouri Pacific and
,Ws(ern Maryland. Attention was nat
uHlly attracted by tho weakness of tho
financial position of the tfomrjanv. and
Tfithcwas a good deal of conjecture about'
tjnMoures wmen may ne tanen in con
nection with the maturing $19,000,000 notes
which are duo on May 1. Western Mary
land snowed a further loss thl3 morning
otH, selling nt 0, a new low record for
the stocK. There appeared to ho somo
scattered liquidation ,!n tho latter on the
failure of tho company io pay tho Jan
vary Interest on imtea. net-iillnc n lln.n.
Lltlal readJustmenU
on the sale of 100 ahna nt fit pni
e price advanced a U. to -S7. It wns
Reported that tho stock will be In tho
atKet fpr funds In the nmr fiituro Nn
dffinlte negotiations have yot been en
tered Into with bankers, but If a sale is
JJ?!l? Il ls llUely t,,at from $16,000,000 to
.M.OW.OOO of tho general and refunding
tnortgage bonds will bo placed upon tho
'lliarket. St. Paul mltlfl iiea mnm n.nnci.
M general JmproVement program,
Ifir?1 or, which Is tho electrification
ty (he system's lines In Jlontann. There
wV. V parla ot ",0 0,u Bt- pul upon
BhinM ..V.'. i "".:: "t?...."" "v """"
IJiiil ""' 'i.. . i-nui nas no ma
Ituilns securities in 1915. excem the 5.ono..
V Per Cent. One-V4nt. Iirtlna rn1IC..r ..A
W. January 15. It Is believed that ar-
SKSni 5 havo '"ady been mado for
vs'n, iur uicbc.
BANK CLEARINGS FALL
Jiilladelphla's Business Decrease
KOver 27 Per Cent. This Week.
tnnlnps.H nt i,. i,., . ..
"WMenttd in ih.,i. "T""1 "i " country as
Wtan'1,5 dtcnL .?nfT,1";t: nolon 8,o'5
U w six twin,-. ' PtT- per cent- ''hlladel.
BT teturn, roffi tt JT,!i ""? "' decrease.
lull, 101.1 t r
is,,o,ow !r'inu,njo .0.7
,K'tS :,(Mlt4 RS -27 ft
teTorir ...
totim
m?
M,1I,'.'2II
Mttviifhi.. "'.Hi ,-.1il
?Or),n3. J.M4jj
fe y c"1"'
:ui.Trti.ivm it.t
HS,O.1.440 21,"
Jd.ri4s.ni).i 4.g
, j
... .tl.436.SI'1o..nO,. n,occ
VfiTItIP ' ' -.. V-,V-mU,M,OOJ U
h&'t . ' . 413.27S.01S .vm mn m .. o
ESS t .11 - -
nt), i """'" f-,u.j, u.i,iu. -o.u
NEW YORKiSTOCK SALES
)
der
; TOS.B0H73 S3S.UM.R12 -15.2
bI
IE
t?.llS0,28.2n 13,303,072,031 -23.3
BANK CLEARINGS
giynh?.tlty,rr wlth corre
... !U'8t8-Tl 30.78iri81 31.D22.p3a
BATES FOR MONEY
?4
?6W
44 1
23
68
25)
P3
61
33 J ,
2S1
41U
7H
53
6ot
2fl
T3
33!f
25M
44l
7
23
f.5H
2fi
M.nu n ..
J!!ffiMtelSr? Sm!
AM..I.J- t.."V" W
American Clin ofii
American Car A Found. ..
Am Mntced. ,....,., ,,
Amcr can Locomotive , . .,
American Smcltm.,.., ..
SdCop m
"".nisuii... .. ........ ni n am a
SSte.Sito w m m w
IimmEm i""i"' 40l 40 '"' 'OX
rkrl,lto 'i7l 37 371 3714
r,LC.n,0,Ml1, Bt" pu' M 97 87 87
Corn Products gif 6tt 6u
2 4i..M.?'or-' '"."" 81 82 82 82
rll!!v ,t';e'l"'""113 1W 112ni2f
Rrcat North Ore. Cent. 27 2fiW 2B!( 2M
1L(:.?,,1'; ltJ7 107 107
1V.I r. Morolitan, UH ll!i 11H UM
LchlRh Valley 130 130) 130JJ 1035K
MMwell Motor.. 16 IBM lfilj 1615
Maxwell Motor 2d ptef. 1714
Missourl.Kansas &Texu Mj
.ijlnM.
S"?-
Call.
. &
2fl3
ft
ntn. ..-.. .Vi 3 ft
lC4s','-.3 P-U .months: I'lilkum:
4UA3U
t- aj
Time
ilJ'
:M!i
8
.63 5
P' nt.
serva Banks' Discount Rates
Days
SO or 3010 CO to
reign Discount Rates
IVM. (HI UU
. 4H ft 15
4U r. ,s
. 4 ft 5
i P
B ftK ft
B fitt rt
. s iiK n
4i S S
w
Missouri Pacific VI
N. Y. Air Brake
44
Ml
60
12H
66
43J
18M
8
7H
CO
11H
C4U
43J
18H
8
8
CO
12)i
C5
IOC'S
isovada Consolidated... 1H(
N. Y N. II. A II 60
Northern Pacific 00 100X 100
Pennsylvania 104 104H 10IK 104!
IrtistdStcelCar. 33JJ 33!J 33J(
Hay Consolidated 16)4 16 15)f 16H
iicaaing.... 14314 143)$ 142J 143K
Itock Island
Hock Island prcf
Iltirr.elyCo i)
tiu'cUlhcr
Southern Pacific 62
htudebaker 3Jlj
Stlidcbafcer rrcf 91
'IiluneLopper. 'Mi
Third Avenue 30
Union Pacific no
Ui 1 tclliciief 7uu
U.S. C.I. P. &F 8
U b hubbcr 61H
United States Steel .10!
Western Union 67!i
tsuntliouso tlec (18
Western Marjland 105
Total sales, 23,300 thares.
Dank
rt
3
ft
13 ' -.... Hi
r " " "-"'Mia
Date of lt
(hungt.
JiliX. 1P11
Aul.2lltt
vSln.tyi
York Bank Absorbed
ift!LlKn SMBSi
. 1,.Tl" "
H
Hi
4
Hi
8H
35H
01
32H
3S
116!f n.vr 110
70!f 7 Ji 70)i
8
6Hi
40
67
t7
U)4
it
Hi
1
Hi
62M
S015
01
32
35i
8
mi
67J1
t7M
10
i
Hi
4
Hi
82
Mi
01
:2Ji
33
8
CUi
40H
671
D7H
OH
NEW YORK BOND SALES
nish,
1'58. . liU
t'l'.i
81,
8 Hi
8 J in
M
.".10U Amcr Tel cvt
N)UU Armoui t'o 4i..
iu.,(i Attnuon cv is
Iiaiu lo nUJ In ii ....
10 .uo uo 4n
IUW Uo cv 4s IIMO
:iuu Atlan On l.lnu rlt 4a
:wi,u lult & Ohio :tja
luiM.' belli Bteel 5s
ihajo oc rid 3s
bCOU Uiook Hun Ti- ,1s 1018 liu
(iUW Canada Mouth 5s 101',i
luuu I'ent Leather 3s u
,uuo i;er.i ioi" lat is.
liJOti Cent Hit N J .'is
10CO Cent 1'ac ava TO
3UOU (h! & Alton 3Vj 38
lluiu Chi 11 & U 3s 113
uou (."hi u & y sen 4s Ki)i
ijuo Cht u u y reu 4.... U4
I. 111 itil II 1. 11 1.....& t,. Mill.
uioo cnl Mil & at i' uiv 4s 8U
t.ow. Close.
uu
Slfs
83 ,
luiC
uo;
nil
I'IVj
st
Dili
ik
S3S
WJ
lOHl
K"
8UJ3 80ij Oll'j
ir4, nag liat,
7U
38
U
bUi-
UHh
ft
3S
'4H
Ti
7nuy fill Mil & Kt P cv 4'4s IWV
1V0I Chi K I & P eoi 4s
asuo con uruui w 1..
3000 Cumberlanil Tel 3s.
".ikki Krlc conv 4s Sor A
ys w lnterb-Mct 4Hs ....
UIM) lntorb U T ref 6s..
.13000 Ins Copper cv lis
-.Ml.
lU!li
1)3
(U'i
f4
117
l)7',J
89
itm
3',i
it.
03
11
117
lVi
113
100H
1225s
10t
IC
33
40
H0i
03'
3h
IDS!,
101'i
ft irau lai',,
iosi,i 10s Vi iosu
1ltfl M A" nivv Ss Bl'i 31i 01 !
2000,1 Norf & West ct 4is. .101H loiU lOl'i
2S0OO No Pao 4s 804 Rijt b0
4(W Oro Hwy & Nnv 4s.. WIV4 MH OOji
10UI Paclflo Tol Ss Mji Wli 4J.
WOO Penna cv- 3V4 Wis M lWi
4000 ruis & 1. n w R.... lm ltr 101
8000 Public ScrvN J 3....MJ) Mtt M
S000 Ray Con Copper 0s.. 103W lfr 7 103 J;
3COO neafllng 4s 03 W 02'
inon Itoek Island rfd 4s.... 7'4
7000 Seaboard A I., adj 3s. . '
ouki
811
St
10 H
03
04 U
74
07
U7
ow Inn Couoer cv us IU1U. US UO
WOO I.lg & M T 3s lUOtt 100
L-000 l.lg & M T 7s 122W 1W
IOX'0 LorlllarU 3 100 lou
3lMi l3Uls & Nash 4s.... ''- ''-
!jOWI Mo Kon & T 2d 4s. . . . 65 33
10UXI Mo Pc 4s 40 40
IUW N V 1 nnal 4a 11X11 r. . . IH WS
Dots
CO0O N Y City 4s 1D3S U3"i
11KKIU N Y city 4s 11IJU .? 107.
I0) N Y City 4U lOSk 10Vi
lCKio X Y City 4ks 10GI... 10414 104(4
invi M Y N It & It Oa lOT
Y rtwv 4'is
3(KKI N
rtwy
5s.
1000 South Bell 3s
iron south Pac t
aixnn do cv rcl 1
:,300 do rf1 4s
;tiXi South Ry 4a
1HOO do 5s
WOO Third Ave Is
1000 U H Huhber Cs
120(4) II K Pteel Bs
50(1 do ret 6a
2000 Union Pnc 4s
soon do cv 4s
2000 Va tls Prown Bros..
;i(K1 Va Car Chm 1st .is..
1500 Va Rwy 6s
2u(.0 Wabash 4s .........
R00O Wah i:qu ct sta 4j. .
21100 Wab-P Ter 1st ct 4s.
lOOH Wet JM 1st 4s......
6000 West E 'M cv Ss. .
1IKJ0 West Union 4Hs
Total shares, 3U2,0C0.
04 04
. 1)11 IIHH
, SOW 80U SOW
. nJ5 11354 n.-.J
. R1H 8311 Kit,
. 04H (U 04
. n8i os nSK
. 7l4t ", 70-i
.10HJ loiw louJ
.100 OOJi 00J4
.icon lpntJ ino(J
. nil (is 03
. 8SIJ RMi 8SVj
, 33 B2'i 33
.00 00 00
. (Ml 113!!, 00
. 34 4 34
. ,10 211 30
.7 7 T
. 54 31 64
. 1)014 IMHA HI
. SS'.J SS S3',!
FINANCIAL BRIEFS
James D. Callery, president of the
United Traction Company of Pittabursh.
will meet tho Philadelphia stockholders
Committee on January 7 to discuss tte,
dividend policy.
The United StateT Mint durlne last
year coined 120,367,657 pieces of United
States money, with a total value of 10.
303,003. The Union National Bank has retired
,20,000 emergency currency and the South
wp.rk National Bank J15.CO0 at the local
Subtreasury.
The total supply of cotton In sight De
cember 31 was 7,530.012 bales, against
7.120,293 last week and 10.073.023 last year.
The city of Minneapolis will receive,
bids for J17.500 30-year 1 per cent, bonds
until January 7.
losa of Jl.OM.COO.
a decreabo of J.,s-Mi.
5RBe Aliment of the J600.0W St. Louis
for .retirement Ji n wy Company
on January , for appr va' for the
jale of vnpnr1PRallroad Company. The
the rnnylanla HMiro renn,ylva.
subsidiary companies h ,he L8n.
sale.
.". 1., tsususoo
uaffww ..
jn addition
Bxchange,
wre H'ed whlch
vh.l. fltnek
'"'...." m many yer.
awimiii VritlM were Ulien
l".r chao.; " other ..cur
. r hs staff Of
!... memg -,--,;
ivy -
Inhll XI
....,., Will
tlu. B4.j!f
I7". .lli WUI
Koti"' rr, bafore
fits I1A UsUUlF"! '
ww "54.T.J. i, 11
speak On
Htubat tUe Adrt
"r. ,7..i m Monday !
pBU lW' w3
vmu) Bok in ?arl
STOCKS STAGNANT
AS YEAR BEGINS
IN PHILADELPHIA
Better Demand for Bonds
Predicted Dealers Ex
pect Institutions to Become
Buyers.
Stock trading on the Phllndelnhla Ex-
chnnse durlnp the two hours It remained
open today wns confined chiefly to odd lot
transactions. Hero nnd there smnll tosses
were registered, holably In Electric Stor
nge Uattcrj', nendliiK nnd Pennsylvania.
The latter's poor showing for November
wns n depressing fnctor, tho gross earn
ings being the poorest of any month of
tho fiscal your. Net earnings nlso fell
sharply despite heavy curtailment of ex
pendlturcs. Lake Supcilor shares mado
no response to tho placing of nn order
for 13.000 tons ot rnlls with the Algoma
Steel Company for' delivery In this coun
try. Whereas tho dealing In slocks wns vir
tually at a standstill, bond trading was
(ir.lto brisk .'for n Saturday session. De
mniid appeared for Baldwin Locomotive
5s, Kejatone Telephone Ps. Philadelphia
Electric 4s, Lehigh nl)ey 4s and American
Oas nnd Electric Ss.
That the banks bought secutltlcs quite
freely dining tho early part of the past
year hai, been a matter of common
knowledge. The last report or the Comp
troller of the Cunency showed that the
amount of various classes of bopds held
by tha hanks of this country on Juno 30
wns 3.FhS4.lK)O,0W against ?;,407,200,OOO In
1011. Since then the movement Is un
derstood to lmo continued, hut to a lesser
degree. Exceptional opportunities to pur
chase high-grade lnsues cheap were
presented In the latter part of the year,
but tho situation wns such thnt Institu
tions could not take roll advnntage of
tho chance. In this city since the new
rc;ervo bank system went Into effect
there lire Indications that local Institu
tions must havo len purchasers of se
curities to ut least n trifling extnt.
Since November the reserves had fallen
up to Oecelnber 23 no leis than J2,191,O0O.
A part of this loss wns reflected In de
creased deposits, loans and circulation
which drained tho reserves soma ten
millions.
Tho clty'8 share In tho Canadlnn gold
pool alsp amounted to something like
$4,600,000. but there still remains between
J11.00O.00O and J12,000,000 to be accounted
for by the retirement of emergency cur
rency nnd clearing house certificates.
Could a portion have gone Into the pur
chase of securities? Local bond dealers
say they did (Ulto n brisk business up
to tho middle ot December, when demand
fell ort shnrply. With the turn of the
year tlioy hope for a decided Improve
ment. They nrguo that the large finan
cial Institutions nre rinding difficulty In
placing their surplus funds' and that
these will find nn outlet In the buying of
high-grade issues.
LOCAL STOCK AND BOND SALES
Thurs
close. HIkIi,
1O0H
103
4:1
47 V
131i
U
V'l
2.1'i
15 Amer Rv pfd.100
11 Paid Loco pr..l(t!Ti
20 Cam Steel 41
30 Klcctrle Storage 47V.
111 Keystone tcib
50 LfrhlKh Nav t
35 l.chlKh Vttl ..
12li l'euna It It...
41(1 Phlln Klec ...
Hi ncamux;
3!K Ton Heimont
2i t'nlon Trac .
3 V Oas Imp.,
40 I' S Steel
Total tales, 11S3 shares,
110.ND3
I,ast pro .
3C0O Baldwin 1st 5s.. MS 102
SSI Cam Steel scp. II7H D7U
7111O Key Tel lut 5s. HO !iO
20OO L Val g cons 4s. 8Sl S.SH
IfOO Phil l.iec 4... 78 7S
$1000 Am O K 3s .. 85', S5',i
Total sales. J14.SSJ.
Low. Close
IOO14 1001a
JIM' Jdf
47 V,
7?
71 15-10 71H
ILlf
8l(i 81.
40!, 4IU4
. . X8U
43
4714
ml
77
(13tt
:i8,
Ri
40(i
102
07
00
8SU
78
S3',i
41
1.1,1
l!3'i
71'i
81 C
40h
102
H7
00
85,
LOCAL DID AND ASKED
Il-lld iv In pref
Cambria Steel ....
Electric Btoiagei ...
General Asphalt . .
do pret
Key Telephone . . .
do prof
Lako Sup Corp....
Lehlrh Nav
do t e
I.eh Valley
Leh Valley Trac...
do prf
Pennsylvania
I'hlla Electric . . . .
riilln. Co
Phlla R T
do t c
Readlii);
Tan tlelmont
Ton Mlnlnir
Union Traction
U O I
V S Steel
York Rws
do pret
ISx-dlvldend.
Thursday
Illcl. Asked.
Today,
lllil. Asked
..lOSVi irffJi 1024
. . 4214 41 42
..47 48 47
. . 32 3.1 32
. . 07 (17i 07
.. 13 li t!li 1314
.. 00(5 01 10?2
., .. 10
.. 77 774 77
.. 77 77'4 77
. . 113 ll.Vj (13U
.. 13V, l.vj; i.vi
.. 27U 2745 27U
62 0-11)524 32 5-111 ,'
.. 2.1T4 21 2li
33
.. llli 1114 liU
.. IP4 114 m
.. 714 71 714
.. 1H 44 4H
.. 7U '7!i 7'.i
.. 3SV4 30 3S4
.. SU 8P,i 8IU
. 40 4311 43U
.. 8 8?i 8
...31 32 31
231,
HALF HOURLY SALES
10 to 10.30 A. M.
11 Daldnln Pfd..l03 in Penna ..
10 Penna B2H 2-1 Tononah
..A- tv i.ruuiui.
1 tin
13 do 32H S I'tnna
O do..! 321i 2 do.
r. .in 32 10 do.
22 Eleo Storaje. 4Ilj 1( Phlla Elee
1- I'enna ,. ..t y' "wii
1.1 'AinoDah
10 Union Tra
12 no.
2 Penna
32
h Del. 44
rrac... s'I
;, s!',
xons.
13 lh Vallev..
lu rniui ,..ieu.
.. . 52H
Del. 4Vl
7I
.... 52
,..32 7.1(1
32 7-10
.. a.i
OITI
O.V1
i rtnna.
32K do,.
BONDS.
30flO Palduln 1st 3s...,
1 813 Cam Blesl scrip
1000 Phlla Wee 4s....,
(I Cam Hteel scrip
100O Am Oas & Eleo 3a.
100O l.eh Val ftn cons 4s
1000 Key Tel lt 6a ...
10,30 to 11 A. M.
7 Penna ...,.323.10 3 Phlla Eleo,
. U-Vi
. 2.1'J
.32 3.11)
. .82 3.14
..102
.. imi
.. 7S
.. 7'i
:: &
t. DO
R Hn
20 U a Steel.... 4014
.32 3-10 20 Cam Steel.
,u venna
23!i
M6-18
20 I.eh Valley.
100 Phlla Else,
11 to 11.30 A. IT. .
(HK 10 Kystone Tel. 13?
np.NDS.
31 CaJW Steel scrip 0V,i
1130 'A. M. to 12 M.
IX Am Rwy pd,12)t4 Itlg I.,, ... MH
4? Phlla Blec. l-h Nav t o. T7
0 U H Veij:.-., M 150 Ton Uel.....l 7-tS
8 Wtc Stwrsit. 41
BQ.NP3.
07
00
scoo
,1 Cam
K) Key
am Steel acrlp.
let 4j ,
NEv1 lOJM OUBB
Oresne Caan
is .
Elevator
SipJsslna'
Oils
Bid Asked
ix
d preferred vrt
nkr-i"' ; JH
fife VrSmiti-prif.rr.a:.:..:: art
Rike
n..ll
S-obiSS .Tw4H. f'f
United ClroV" ' ' V
yuka
so
10T
IS
00
24
Ik
M
Us
AJgoma Steel ti Orders
nisi oamM t cajw.49. it mntoA.
N. Y. BANK STATEMENT
Sharp Drop In Deposits-Reserves
Also Decrease.
it,.' ii'LT,!tS "CTn '.n ,h.e weekly statement of
luslneasT r ,1"! n,e dy' '
i"1."0083 netUrtl reserves were IU,
0SI.92Q, total actual lonns tl.lBl.ROS.000. Net
demands deposits were 2.O22,t65,OO0.
fonowiavcras6 rc,enuM f M.TOUIO. Details
i'SarlR Home nieinhera' nicraae:
Ifn,l Increase 3,3J.00O
Tli!S,,,lJn..rm,,. - rw)l,noo
Time deports, decrease 1)30,000
nW."v?' decrease 1,701.770
Jp'cleir House membera' actual:
tfJiH'.;, Incr, I2, It i.roo
deposits, Incremo 4l,P80,O)o
Tlmo deposits, drcreafo l.Atl.ono
llcservcs, decrease 3,030,280
GRAIN RATES UPHELD
Commerco Board Refuses to Interforo
With Tariffs.
WASHINGTON. Jan. 2,-Tho vcfusnl Of
tho Pennsylvania, Pittsburgh, Cincinnati,
Chicago nnd St. Louis, Baltimore iind
Ohio nnd the Pittsburgh and Lake Erlo to
provide certain tariffs on grain nnd grain
products at Pittsburgh after tho grnln
lias passed through elevators wns upheld
by tho Interstate Commerce Commission
today.
The Grain and liny P.xcliaugo of Pitts
burgh lought to compel tho railroads to
adopt a tariff permitting the shipment
In mixed carloads of two different kinds
Of grain which orlglilnted on two different
loads to bo sent (rom Pittsburgh to
destination at part of tlio through rate
from point of origin. The commission
held thnt tho refusal of tho railroads to
mnkc such n tariff was not unreasonable.
The commission nlso vacated Its sus
pension of tnrlfrn which prohibited tho
shipping of bran, middlings and screen
ings mixed with corn and grain from
Pittsburgh on the basis of Joint rates.
PENNA. ORDERS STEEL
Asks for Prices 011 18,870 Tons for
Bridge Work.
It became kmwn this afternoon that the
Pennsylvania rtallroad had asked the steel
r.iaiiiifaetiirers for Prices for 17.r.eo tons struc
tural for brldnes and 1270 tons of steel for uso
In rolnlorced concrete work
It la estimated that thlB will eoer tho n.ni
for iD13.'''1"lr0n"nl" for th' k'l of mateVui
LONDON TRADING BROADENS
Reinvestment Demand Appears.
Market to Close nn Hour Earlier.
LONDON, Jan. 2.-Thcre was a latger
attendance of brokers In the street today
than had been expected, but the volume
or business was light nnd the tone of
securities mixed. A portion of yester
day s large dividends was reinvested, the
buyers expecting that higher prices will
iltrickly follow the reopening of tho Lon
don Stock Exchange.
Official announcement was mado to-
iy, tllat tno seisons of tho exchange
wilt end at 3 p. m. dully. Instend of nt I
P. m. It was pointed out that Inasmuch
as speculation and nrbltrage trading hnvo
been forbidden, theie Is no necessity for
keeping tho exchange open for the hour
that overlapped the session on tho New
lork exchange.
The war scrip wns firm. Home rails
had a good tone, except from tho east
erns, which were affected by an acci
dent on tho rond and new capital re
quirements. Americans nnd Canadians,
lacking leadership, were Idle. The min
ing group wns Irregular. Bates for loans
nnd discounts wero weak, desplto the
conclusion of arrangements for nn Issue
of 10,000,000 pounds of 5 per cent. French
treasury bills. The Bank of England was
n light "discounter of' p'remoratorlum
bills.
TO BUY 'FRISCO COUPONS
Committee Will Take Care of De
faulting 4 Per Cent. Obligation.
NEW YORK. Jan. 2.-Tho Strauss llond
noldcrs' Committee having; bn mlvlaed that
thfl St. Loula and, 8an Francisco rtallrosd re
ceivers will default today on the semiannual
Interest on tho rallroad'a 4 per cent, refunding
mortgage bonds. 1031. has arranged to pur
chase the coupons and claims for reirlstercd
bond Interest due January 1. and also to pur
chase similar coupons and claims for July 1,
1014, Interest, not heretofoie purchased by
the committee appertaining to the bonds de
posited under the commti tee's agreement.
Th Central Trust Company of New York,
l, IB uuiraiucit,., ,..,.: ,IU,l l.llllitn O, ni
announces thnt 874 per cent. In ntnount ot
Louis accoraingiy "in ne prepared to ray
depositors for their coupons unon the nr-ir.ln.
tlon of certificates of deposit. The committee
announces inn, ms yer cent, in nmount
the outstanding bonds have been deposited,
COTTON PRICES HIGHER
NEW YORK, Jan. 2.-Commlsslon builnr
gave n steady tone to tho cotton market this
morning and opening prices were 3 to 7 points
above Thursday's finals. They continued at
that level through the carlv trading and nt
the cloo prlcta were ud 11 to 17 points, Tho
most Interesting feature was ths appearance
of buvlnir ordera from the new December op
tion, The first bid was 3.43 but this Mas
advanced to 8.00 beforo any transactions were
made.
If,
January .
March ...
May
Julyt
Ojtober ..
December
cloto Opening High
7.73 7.75
T.8.1
T.H8
8.1(1
8.40
7.8(1
8.00
8.2ft
8.1(1
S.fiO
'.Ol
8.14
8..11
8.37
s.no
Low Clnie
7 73 7.73
7 83 7.H4
8 Oil 8 13
8.20 8 31
8 411 8.31
8.00 8.(10
NEW YORK BUTTER AND EGGS
NEW YORK. Jan. 2.-nUTTP.rt. Market
fairly steady Exchange ctoaod; no receipt.
Creamery extra, 3(k: higher scoring. 304
H7c: State dairy, 31038c. j Imitation creamery,
COGS, Market firm; exchange closed: no
receipts. Fresh extra firsts. 3"o.. flesh firsts.
Sie.lSii.i morby whites. 40tr40:.; nearby
mixed, 30841c: rpeclal marks, 27c.
INCREASES CAPITAL
PITTSBUnGH, Jan. 5. The McKeesport
Tin Plate Company has filed notice at
Hnrrlsburg of an Increase of stock ftom
i,:oo,ooo to j3,ooo,ooo.
DIVIDENDS DECLARED
National Licorice company, semiannual a
for
rer cent., pa j able January 0 to stock of rec-
411,0 1, loam, w y, VVil.i
ord January 2,
the year.
RAILROAD EARNINGS.
PENNSYLVANIA LINES.
ion.
No ember gross .3!a,13S
Expense J ".Mfi'JK
Ntt .'1,044,31
El" en months' gross. . '"..'A.R'n
Expenses ,203.071.3(18
NU W.273.50T
LINES EAST.
November gross '?'SA'?i'I
Expenses 13,(00.718
Net S.0T1.62
El.ven months' gra . ?&5,-,MS
Expenses THJi'fa"
Net 44.U1.13.
LINES WEST.
November grow f?'32i'L?rt
Expenses T'i?iffi
Eleven months' gross. . .lJ.e0UM
Etxpensea fHSpifi
. ,, . . . . UttTV.U-
MISSOURI PACIFIC
xpenaea
M
November gross
I Net after taxes.. .
IOI.V1 .-v.., .
Five months' grpia
Net after taxes..
Total iqcoms .
S4.0K3.133
, 1.142,300
1.203.1)34
2u.4ST.BI 8
fl.0s4.sn
T.3S3.S4:
NORTHERN PACIFIC.
November groaa 5-SS25
N-.t .. '?"V
Net
Ffv, months ..- :ift9Sa
" --' '--
CE8APEJK1S m OHIO.
Nevoaaear iw t'toA
iss 31 S10
IVfPUh' gross . . 1. M:4.4
cwwuao and,
November ro
&M,l"aitxa
vT w6s tro...,
fetiU a
Decrease.
11,782,80.1
3.78J,01'1
041.UI0
3.1.4 1 4.4U')
yi.ssn.jss
3, 528. ISO
J2.172.OIS
l.UOJ.lVil
47U.4RH
17,403,031
14.840,733
2, 333,3 It
t2.230.8t3
1,7(10,372
4fl.4M
16,010.417
I3.raa.5j3
072,801
Peercase
J.IO.WH
234.W1
332.500
320,034
300.442
367.446
J 1,103,416
:4s.3u
3.300.377
l,i4j,ajo
mm
-mm
oaai JW.w
i.m.oos uo,o
insi In' !M .a,i
mm m
s.SS iTi
4fi.Ji Jm
mm W:2
GREAT STRENGTH
IN WHEAT
. AT CHICAGO TODAY
Canadian and Duluth Ex
porters Purchase Futures.
Strong Commission De
mand Corn Stronger.
CltlCAOO, Jnn. !.-Much strength wns
Bhown In wheat Joday. There was Inly
ing of futures by Canadians exporters
who had acceptances since Thursday and
who received bids from abroad today 2
cents per bushel higher. Duluth export
ers also bought Borne here. .Moreover,
there wns n strong commission demand,
part of It based on nn Improved milling
cnll for wheat hero nnd East on tho
piobnblllty ihnt domestic mlllcra booh
may be making up for lost time In re
plenishing their stocks.
The yield of wheat hi Argontlna Is of-'
finally placed nt 192,000,000 bushels and
tho exportable surplus at 132,000,000 bush
els. Kututca closed lj to ti cents
higher.
Corn nas stronger. Cash corn lUled
',c. hlitlicto here nnd country offcilngs
were light asnln, nlthnugh probably a
little larger tlinn oil Thursday.
Kutuics closed to He. higher.
Oats ruled higher. There was some
bujing of futures, which the trade
thought meant export buslnes. Tho yield
ot unts.ln Argcntlno Is plnced at 92,000,000
bushels and the exportable surplus at 72,
0CC.000 bushels. Futures closed He. higher.
Provisions showed strength. Hogs nt
the yards were higher nnd there was a
belter cnll hero than had been expected
foi lard.
Leading futures ranged as follons:
Ycstcrrto's
Wheat Upon. High. liw. Close, clos.
Mil) 1.1114 l.:il4 l.ffli), 1.31 I.211H
July I. Ill l.IIIs l.lSti tl.lu'i 1.181
Corn (new ihlucrs)-
7l!j
May 71 744 71 73'f
Julj 73 73't, 74?, 754
Oats
Mnj 34 514 531, t51H
July 51S nils 31 311
Uird ,
Junuary ....10.17 10.32 10.47 '10 52
Mn 10.82 10.82 10.73 MO.M)
lllbs-
Januiry ...10.13 10.17 10.13 tlO.15
May 10.57 10.57 10.52 MO.M
Pork
January .. .IS (17 lp.7 18.(10 ti'.ns
Muy ........ IIKiM) 111.33 111.22 MP.23
lilt. tA"kcd
10.W
10.72
10.13
10.53
18.02
10.27
PERE MARQUETTE VALUATION
ANN AltBOn. Mich.. Jnn. '-'.The Pero
Mnriiuetto Ttnlhoail linn a reproduction
value of $911,962,771, according to nn np
pinlsal completed by Dean Mortimer E.
Cooley. of tho University of Michigan,
nnd submitted to tho receivers of the rond
and tho State Hallway Commission. The
repioductlon cost, less depreciation, is
fixed by Dean Cooley at J78.543,:41.
Mr. Cooley. with it stnff of assistants,
has been nt work on the nppralsal during
tho last eight months. The cost ot the
n ad a mile Is figured at ft5,392. or 18.770,
less depreciation. There nro 2.5SG.T3 mllol
of ttnek In Michigan and 2.963.S7 miles In
live suites nml Canada.
RESERVE BANKS' STATEMENT
Total Bills Discounted and Loans Are
10,003,000.
WASHINGTON. Jan. 2.-TH following table
of resources end .llahllllln ef the Federal n
serve banks at the close of business December
31, Issued today, show as follows;
Resources Oold coin and certiorates, 220.
OiKi.ooo: legal tender notes, silver1 certificates
no mosiaiary coin, szu,ri8,00U. TOiai,
Hills discounted nnd loans Maturities nllhln
i nava. s4.fci2.iKmi within m rtsvs. xi.in.niYii
other maturities. t.74O,lO0,. Total. $10.3IV1,U)0,
23S,-
4,213,0(.0
reaourcea,
Investments. 1353.bnn.
til llll IH.i at,a, -a-..,-a- .rfTalln,,!
Llnblhlles-Cnpltal paid In, Ms.tnl.OOO; re
sens deposits (a). B5O,oi8,i)0Oi Federal Re
serve notee In circulation (b), M,773,VOO. Total
liabilities. $277,844,000. Y
Oold reservo against all liabilities, M.2 per
rent. Cash reserv against all liabilities, 03.4
per cent.
Cash reservo against liabilities, after setting
aside 40 per rent, gold reserve agslntt net
Amount ot Federal tlreen notes In circular
tldn. On.3 nrr rvnt.
, (at Net deposits, aller deduction of Item In
uiniit between Federal Resene ba
.,ii;ni,(tx),
b) Federal
till 1.- tJV.
V""..'.vv,
Deduct-Oold anl lawful money In hands ot
Federal Reserve agent for retirement of out
standing notes, (12.233,000.
Liability of rescivo banks upon outstanding
notes, .1..73,COO.
The resources and liabilities of each ot the
12 reserve banks at close of business December
.11 was' noston, I4.070.0(10; New York, 10,-
N,-i,tjii. rnlladeipnia, izi.ryii.ooi! cieveisnu.
i.oun: n cmnomi. sn.ici3.ooo: Atlanta.
000! chhrngo, 42,40i),oi)0: Bt, Louis,
,,""... ..iiiiii.-inj.in,
uiiv, i(um,(nit uatias,
cueo, iisins.too.
Heterve note
banks, lit.,
In circulation,
(ww,iwi:
il1l,3l3,(
7.373.IX
ll.Ml.f
ll.3nn.OOO! lCansaa
t8,275,000; $fl Fran.
LIVE STOCK QUOTATIONS
CHICAGO, Jnn. 2. 11008. Receipts. 24,-
000. Market strong; to Be. higher. Mle,l
heaw, IV.Uiui
o.tri,oi
and butchers, O.S0tf7:
:he
ii.
IP?
7..I3! rough heaiy, SR.sofflt: light,
ulas. 3.l('o.oo: bulk. 7V.33.
CATri.a Receipts, 1300. Market steady
Ilenvea. ;3.75(18.t'3: cows and heifers, 13 6011
8.4H; stockers and feeders, f4.30OO.00; Texas,
hWt.V3: lalies. 7gn.rA
SHEEP, necelpts, 130n, Market ateadr.
Native nnd Western, JI.BOtfO.IOi lambs, J3.,S
j.i.
BAR SILVER
In London bar stiver was quoted 4d. loner
at 22li-I( pnce per ounco. New York com
mercial la 134 ctnti per ounce, n decline
ot '),c.
droveife from home
Husband Scntonced for Cruelty to
Woman and Child.
Daniel McClulrc, of Mnnayunk, faced
Magistrate Orel Is in tho Manayunk police
stntlon this morning on the charge of
driving his young wife and slx-month-old
child Into the streets on New Year's
Day. Ho wns sentenced to three months
In the House of Correction.
Accoidlng to the oung wife's testi
mony, her husband came homo Intoxi
cated last night and Immediately ordered
her nnd the child out of the house. Whon
he threatened violence the woman rnn
screaming to the streets and was cared
for by neighbors.
SPY SCARE AT POWDER PLANT
Du Pont Officials Prepare to Keep
Out Intruders.
PKNVSGnOVE, X. J.. Jan. 2.-Caniey's
Point apd Its vicinity, where tho big
smokeless powder plant of tho Du Pont
Powder Company Is located, has a "spy
scare," and while officials of the company
ridicule tho Idea, unusunl precautions are
being taken.
The company has placed lights along
tho entire river front of the property,
and the remainder of thp reservation Is
also brilliantly lighted. This afternoon
tho construction of a new fence around
tho plant was ordered, and while no de-
tulls nro given out It Is declared by the
men that this fence will be so heavily
charged with electricity that It will be
Impossible for any one to get over It.
PHILADELPHIA MARKETS
l 834i!s34; No. 1 Northern Duluth, xi.374
r 1.404.
lerelpta, 30,000 bush. Supplies
moderate and the market nrrn unaer u iir
GRAIN AND FLOUR
WHEAT. Receipts. lfio.BOl bush. The
market firm under stronger outside adilces and
a fair demand from exporters. Quotations:
Car lots, In export elevator, No. 2 red, spot
and Jan.. SI.2U4S1.3IU; No. 2 red. western.
1.40'4.
iir.
demand. Quotations! Car lota for loi jraae.
us to locauon. .o. - yeiiow, nv, .h,"-i..
atenmer yellow, new. TW73i4C.i No. -Ieljpw
now 7467440.: sample jollow, new. Caflilc..
new cob. per 70 iba.. 07flSc. ,
OATH. Receipts. 14,074 bush. Demand
fair and the market 4c. higher under light
offerings. Quotations:. No., 2 white. MU"'?.:
Standard white, SSfcSM.c.-' No. 3 white. 5l
RVK. Firmly held under small supplies.
We quote nt SMOOl.lR per hush., as to nual
Ity, In export eleator; and at S101.1O for
email loi of nearby grain In bugs.
n OUIt. Receipts, 1033 bbls. nnd 1.0R7.-
7(13 lb." In ia!ks!P l there a. little trading,
but mill limits were well sustained. Quota
tlons per U'B lbs. In wood: Winter, clear,
MOofo.-UOi do., straight, 3.2MB.r)i do.. PJt
int. 5 03fl0; Kansas, straUht. jute ' MCk.
M.50W3,73: do., patent. Jute sacks. S3.75B.10i
springy first, clear, S5.40JM 5p; do., tralght.
S3..Mi3.0O: do., patent. SOOu.25; do., favorite
brands. .33i)'rt.fl3: city mills, choice and
fancy patent, tn.3-M!.IM; city mills, regular
grades- Inter, clear, t4.0Oflfl.10; do., sUalght,
3.20413.50, do., patent, t3.380.
II VK JKI.OUK sold slowly, but ruled Hrm
under small aupplles. We quote nearby and
Western In wood at tOflO.50.
PROVISIONS
The maiket waa quiet nnd without Important
change. Quotations: City beef. In sets, smoked
and alr-drled. 2S02UC.; Western beef, In sets.
smoked, 284120c. : do., city beef, knuckles and
tenders, smoked and alr-drled, 2U30c; do..
Western beef, knuckles and tenders, smoked,
Slit'Mc . beef hams, f.13M34; pork, family,
r.-.nff21; hams. H. P. cured. loose, 13414c.;
do., skinned, loose. 13fll34c: do., do., smoked,
4.03c.!
4.83c;
UtiWllc.i other hams, smoked, c ty cured, aa
to branil and aierage. m-jtiioc., ".
srrnked, Western cured, 14418c; do., boiled,
hor.eleis. iiOWSIc; picnic shoulders, fv Pv,eu'l.
loose. ll!tIHc.; do., smoked. l24UWc.;
bellies, in pickle, according to airrage. loose,
14Wil5v'.; breakfast bacon, as to brand and
average city cured, lSfllUc ; do.. IVestern
cure.!. 18Slfc.i lard, Western, jpel.,tlrce,
lltlle,: do. do., do., tubs. llll!ic.; do.,
p.iro city kettle rendered. In tierces. 11W
llllc.; do,, pure city, kettle rendered. In tubs,
llOtlV.c
REFINED SUGARS
Ust. prlte were .?". raii,,V!n3:i.; il'.'i!
was little lraaing, i"-i. "-fc:-' .-.'r-
dard granulated, 3d nn granuiaiea
Viondered. 0.03c : confectioners A,
Soft grades, l.iogi.iov.
DAIRY PRODUCTS
llUTTKH. Receipts of fancy stock were
light and the market ruled rtrm, but wholesale
trade, aa usual on the last day of the week,
wm quiet. Quoiatlons, Western, fresh, solid
paTked i creamery, fanH- specials, 37c; ex.
cepilonal lot. nlghill extra. 33c. 1 exlra
firsts 33fl34c, firsts 1318325.; seconds. 27tl
20.: ladle-packed. 22024c. as to quality!
V.rhv prints, fancy. .Mc,: do., average extra.
rfB3Se.;PdCfl'- e3ic. ; do., second., , M
30c. Special fancy brand of prints Jobbing
twi4i?is80-Offerlngs of fine new-laid eggs
were light and "he market ruled firm, with
'r,.n T fairly acth. Quotations: In free
- " -.- Q--ai JJ DBF dfJIArl!
tiTsts tU.fiO Pr standard case:
road current receipts, f 12 per .undard
ar mTxed held and fresh tia ordinary sioca.
Jl2 per ca,r do.. Brits. S12 p.r cas.; South
J SI140B1J Fr case nelrlgerator eggs,
SJJlns : racked; choice, 22Ie. per doa.i do.,
ordlntryto T faVrMtjilc, per do. Ffney se
fected candled frh egg Vr jobb.4 out at
47CliESK.-Th, market ruled steady
14HHc i do., part skims. 6313c.
POULTRY
. iv v . T..lrabl stoeK in saian supyij
cases,
nearby
nn;i iicadv at th rcent advance. wuo,
,i.,&!...l4 .rotV XMiejic.
inrinr chickens. acconilBg to quauty. IIIl;
tirkeys. JW1T A'-.-iTyJi
in. irulnsas. young sis bum.
-VT T ..- rw. wAiehl:
i gS,
lbs. an
130
md over
aulsce per Pir. ux vrsiauius i'? '""i
!Kui Sir pair 40Oe : suhieMoW. pr
,jtr. SOtVWc . plgoo. per Pir.
rZi . i M Asfi.lnc mAJ
1581S
r.i.nuT.i-i -ffrlnr modarat but ample.
.nd kel W t o.d wltUout H"Pon'
lEtnim aotitlfles: Turkey, dry-kd-MS
umsVHw. lSSOc., do., Wt4kni.
4-V4w 44i to. kpIc. He d.
WRECWlRi: or MQaViHASIM
VvAllo .lcfialaoU
IffiSffing WSAlOf.
ift-iVi lbs. apiece, 104c
iuc.j ao., .14 its. apiece
do.. 4 lbs.
14U13c; do.,
and under, 12fil3c. Fowls, bblj., drT-pack,il
iww.i ius. apiece,
drv-nicktd.
4 lbs., 13c; do., do.. 34 lbs., lie:
apiece.
.1 IDS.
ine.
Western
do., do..
(In., do., .1 lbs. and under. 12fil3c (1l,( m..
ters, drv.picked, J2i4e. nrolllng ehlcktns
hoa.rbi;J.1792 lh"- oPlece. 2i)fl22c; do., fair to
good, lofjlBe.: Western, 14H2 lbs. apiece. 20o.;
do., fair to good. U1V. nnastlng chickens,
dry-Ptcked, In boxes-Milk. fed. 18 to 24 lbs
y do!Hfrnie,c-! rnllk-fed, 23 to 20 lbs. to
.3?5-A.,(,2,'!-' corn-fed, IS to 24 lbs. to dm..
20321c; corn-fed. 23 to 30 lbs. to dox.. JSfli
10c; milk-red. 31 to SO lbs. to doi. 144c:
mllk.fed. 37 to 42 lbs. to dor., 144c.; milk-fed.
43 to 47 lbs, to dox.. 134o.; mllk-fed. 48 lbs.
to dox., 17c; mllk-fed. lid lbs. and oier. J8c:
corn-fed. 31 to 30 lbs, to dox., l:t4tI4c.: corn
fed, 37 to 42 lbs, to don.. LIUQUo.: corn-fed.
43 to 47 lbs. to dox.. 14(ii8l3c: rorn-fed. 48
lbs. and over In dox., 17c.; corn-fed, (10 lbs.
and over 18e, Roasting chickens, dry-packed.
In bblsWeslern, mllk-fed. dry-plcked. 3 lbs.
and over, IT,-.; Western, mllk.fed, 4 lbs., 10c;
Western, mllk.fed. 34 lbs., 144c; Western,
mllk.fed, dry-picked, mixed weights, 14ftl44c;
Western mllk-fed. 243 lbs., lie: Western,
corn-fed, 3 lbs, and oer, 18c; Western, corn
fed, 4 lbs., 18c: Western, corn-fed, dry-picked,
mixed weights, 14c: Western, corn-fed, 314
lbs.. 14c: Western, corn-fed. 2403 lbs., l3lic
Spring ducks. lfi17c Hprlng geese. Iseilc
Kquabs. per dox. While, weighing- It to .12
lbs., per dns S4.2.VM.M: white, weighing 0 to
10 lb., per dox., S3.n304.15; white uelghlng
8 lbs., per dox.. X2,73A3,M: do., do,, 7 lbs.,
per dox., S2(T2.u3; do., do,, 0U4 lbs., per dox.,
tl.2iTjl.U0; dark and No. '2, rOc.rtfl.lO.
FRESH FRUITS
Trade quiet and prices without Important
change. Quotations! Apples. New York, per
bbl King, t2(I3: Palilwln. fl.T592.80i Oreen
Ing. t2l: Hnv. t',73ff2,.'in: other go--id eating
varieties, fl.73q3.5f)! medium. flBl.50; apples.
Western, per box. T3c.ifjlt.30: apples, lie la.
ware and Pennsylianla. per hamper, MmftOcj
lemons, per Imx f2.50n3.nn; oranees, Florida,
per box. fl.25ff3; tangerlnsa, Florida, per
strap. :T2.30; grapefruit. Florida, per box, ft
ei2: nlneannles. ner crate-Porto nice, fl.230
2.30: Flor.da. flu2.D0: cranberries, fancy lat
ancnvs, per nui e-u rrsnusrries. cap
Cod early black, rer bbl.. f273: crsnherrles.
cranberries.
pears. New
slranberrles,
Jersav. ner crate.
Vork. Kleffer, per bbl.. fie2
norias, per qc, wgiuc.
VEGETABLES
Offering fairly liberal and th general mar
ket weak with demand only moderate. Quo
tations: Whit poutoes. per bush Pennsyl
vania, B3H1KJC : New York. 4048c- white
potatoes. Jersey, per bskt.. 33040;,: sweet po
fatoea. Eastern Shore, per bbl.-No. I. 12
.73; No. 3, I. Ml W 1,73; sweet. Jersey, per
bbl.-No. 1. flflO.50; No 2. 1202.23; sweets,
Jersey, per bskt., AOQTSct onions, choice,
per bush,, 7A&T3C.I do., ordinary, por bush.,
OOQT.Ic.t do., choice,, per 100-lb bar. tl.23
(11.60: do., medium, per 100-lb. bag, 83c0fli
do., seconds, per 100-lb, bsa, tIDQTSc: cab
bage, domesllc, per ton. JK80: do., Danish,
per ton, fl.ifllB: cauliflower. New York, per
crate. 70c.fffl.23. spinach. Norfolk, per bbl.,
1202.30: kale, Norfolk, per thl fiOfftSc: let.
tuce. KlorIJa, per bskt,, l.7Vfl2.S0; do.. North
Cirollna, per bskt. TSc.flft 30; beans. Florida,
per bskt,, 11.13412,30: peas, Florida, ner bekt.,
2..V)fi5; eggplant. Florida, per box, KS1. cu
cumbers, Florida, per bikt., 11.7893,50, squash.
Florida, per bskt.. fl. 80412, pepper. Florida
per carrier. f2.301.30; celery, Npw, York, per
bunch. 23013a.; mushrooms, per 4-lb. bJkl.,
fltfl.W,
ANNUAL MEETINGS
a-t, THE ANtiAf. JIKKTINC1 OF THE
&ZO stockholders or the Delaware Insur
ance Company of Philadelphia will he held
at th office of th Company, 715-71T-71U
Chealnut street, on Monday, January J3lh,
1913, at IS o'clock noon. Seven directors
will b elected. Polls will close at 3 p. m.
JOSEPH C. BOZORTlf. Secretary.
FRANKLIN KATIONAL DANK.
Ilroad Chestnut Streets.
fhiiaaeipnia, uiiinmt ou, jui.
The annual election for Director will be
held at th banking house, on Tuesday, Jan.
uary IS, 1915, between the hours of 12 nooa
and 1 o doeS p. a.
li P. PAS8MORE. Cashier.
:
h'OItTinVESTEHN NATION'I. HANK
Phlladslohla. Pa.. January X 1013.
niia annual election for Dlreetora will be
held at th Banking House on Tuesday, Jan
uary IS. 191S, between II a m. and 1 p- to.
' ' LINFOBD C. NICE.
Cashier.
I ,, - -"i.1-- . -ISU-.L.TT
DIVIDENPS
LEIUQH VAIX1SV RAILKOAn COMPANY
"" PWIdell. Dember 19, 1M.
Tb Bldtl3"raf t-.th l4hfh
, -,,-T, n.iieasd Cakiihiuy hive 4 bis day de-
ir7d a ourtriylldaiJ of wl oat-
kK p ol. lor f ' , ?' WWW
aceferrsd stock " toebb-ldir(t 2 r
P. "K.i5l ut. tail, ud a. oiurbttty aUvts
"nxsrii. r&Liu , -tart. tin r
" i.rr-.r .'.,"'.- .uA'soc
uifc 5i
o. R
ruard
WWod
r-
olffWi" mfSnaM,
1 WhiJ 4,
SVOt&lE
fl
APARTMENT SITES
IN DEMAND NEAR
13TH AND SPRUCE
! HI .11. II. .S
Sharp Advance iii Prlcei
Discloses Values of Prop
erty in Vicinity Afc Siteael
ily Rising.
The vicinity of 13th and Bpiucfl ulretM
has for some tlmo been Improving In
real estate possibilities. Thli developed"
after tho alterations and Improvements
to the Morris apartment, five years aeo,
and ugaln with the Immediate success of
the uurllngton apartments at ths north'
west corner of Bpruoe and Juniper streets;
owned by Charles J. Mcllvalno.
Later In May, 1813, 1329 Bpwce street
waa purchased by Mrs. Thomas YV Er
low from the Pennsylvania Trust tiorn
pany, trustee for estate of Hose Cofbn,
for $27,600. Mrs. Barlow previously ac
quired 1327 Spruce street, lot iby U7
feet, for $37,600. mahlns the purchase
price for the ground (75,000. The ho'Uss
nt 1325 resisted nil efforts to purchase,
and If It Is over sold will go to ths
Burlington, or to the ifew 10-story atJart
ment which Mrs. Harlow has erected Open
her property.
Nearly all tho property for salo in
tho block between 13th' street and Broad
street has now rrone Into stronff hahdtf
nnd any attempt to buy Is certain lei
advance prices.
Tho recent death of Charles Dougherty
may brlnif somo of his holdings' of rtsi
etato Into the market, and It Is, known
that the southeast corner ot 13th 'find,
Spruce streets would make tin Ideal
apartment house site.
Also SOd South 13th street, lot 21 by
150 feet, combined with SOS Bouth 13th
streot, purchased by James B. -Nolan on
February 10. PJ13. for 114,000, and the. lot
between latter property and. church
owned by Frank M mi ran would be an
other npnrtment proposition.
BALES ON SPRUCE STRKtSf.
ldon, May 31-323 South 13th street." and
314 South Isomlngrr street rear, lot W
by S. Richard c It Hinder to Ben-
Jamln Alexander, osiessed fT300,.., 3,06
1D07, November 27 .'IIT. twii .V.slory
brick dwellings, each lot 14 by S3.
executors' sale estate EHxabcth
Stewart, by S. T, Freeman & Co..
each ffWXl r 13,20
1013, Januari 1312U. and 320 South
Isemlnger street. Jane Stevenson Bond .
to Jules Junker T,30b
1013. February t0-30. lot 2I.10S by
150, nnd lot on Cypress street rear,
bought by James R. Nolan 14,000
1003, No ember 30-233, n.story brick
store and dwelling, lot 10.4 6y B7.5,
sold by S. T. Freeman ft Co.j....... 0,008
1012 June 23-233. lot IT.O by 123. sold
bv K. II. and C. M. Clark, assessed ,
SJO.OOO ,;." 'A' WWQ
1014, Fehruary 27-240 lot IIjBbr 101,
Edward P. Ileal to Marget nelrn.... 21.00S
In the Spruco street block between
ISth street nnd 13th street, very few sales
appear of recent date. There are a. num,
ber of dwellings occupied by owners
especially on the north sldo. apd 'on the
south many tenants) of long. standing, as
well as owners. It Is very rare to flee a
sign, "for sale." or "to rent." in this
block.
On May 13, IMS, 1204 Spruce, street, lot
19 feet 4 Inches by 11T feet to Cypres
street, belonging to the estate of Abbey
S. Queen was sold by S. T. Freeman &
Co. for 112,300, to settle nil estate, and
on December 10, 1913, 1203 Spruce utreet,
a three-nnd-one-half-story brick resi
dence, lot SI feet by 120 feet, was dls--
posed of by Darnes At Lolland f&r JI9.W.
The central location, and the possibility
of getting to nearly all points on foot Is a
factor to be considered, This ls'oOund
to attract apartment builders. If such
could be put up ao that medium sUed
housekeeping suites could bo furnished
at 1 1000 to lino pep annum, even by
going several stories higher In construe
tlon. tenants could be listed to fill ths
building before the foundation? wero up
to the street level.
MORTGAGES ItECOIlDED.
The new year starts wjth a. feeling that
the worst has happened and that Im
provement Is bound to come, barrlps
some untoward catastrophe. Mortgages
of record, since December 24, are os fol
lows: Loaned by building associations, ....,4'!,to0
leaned by Individuals... , ., JftWW
Loaned by trust companies 12,SOO
Total .., .1817,400
Among the larger mortgages were ths,
following: i
f20,oon-A. Johnson to M. 3, Oelger, prem
ises 1410 North llroad street.
Sl.l.fKiO M Rosenbloom to Fidelity Trust
fnmtianv. rremlse west sldt Poquesslns
Creek. 33th Ward. ,
tl3,6oo-E. J. Ooldman to William Penn
Kulldlni; nnd I-oan Association, premises -".'pu
ll rtorti. urnaa sirce,.
S
I'lessant avenue, southwest .
Kn.vuiA i.in.rnD id
Ing and Loan Association, premises portheait
corner Mb, and Pace streets,
Money. It la hoped, will come out mor
freely, a great many weak spots hv
been cleaned out In the Sheriff's sales
nnd the air Is clearer.
Interest rates nre unchanged, '
LESSOR.
fl3.40O Aehton 8. Tourlson to a.ermantowii
Trust Ompany, premises west side Moqnt
ius. souinwrsi aho,i,uii ...
Lleberman to tluttonwood ll'Jlld
QOVEHNMENT BONDS '
Bid. Asked.
2s ot 1330. rellstered
2s of 11H0. coupon ;
Panama 2. resUtered......
fanama Ss, coupon....... .
j-anama nw 3. registered. .
Panama new 8i. coupqn
3s ot nil", registered
DT
oevi
Ml
m
3s of 10IS, coupon..
4s of lu2 reglitet
4s of 1023, coupon.
....100
;:::!:
102
J. U
Three, Year 6
Coupon Notes
to net 7
Company serves without
competition three trnpor
tant productive and bow.,
Ing districts of California,
Total population ssrveo,
approximately 78.7S0,
These Notea have Um
authoriied by the alU-s3
CommUin of Califorsta--and
can be purchased te
denominations ot fitv,
f 300 ana jiuw.
Net earnings; are more tli
twice the interest an m
standing bonds, Balaac
after payment of borul in
terest is more thttn if
times annual fatoreet
charges on this Ntt
Uiscnptive uirsuwr
earnlnit report ni
forr3un win i1
Upon req&
Will!ir.8ifcrlliti
MORRIS W. &TR6UIA v
4t vuwrrmitv
pwtoitwt
' &a?
X ten
tteisi&U
lu Xark sscft1t
ff t miin" witniu, f xrawxti s ! - n
.SI
-i -is
Lf. -i..M
BE'-sf
Bn-j'r
U'
WH SKtSAMGK
ttw Sew- -,
-m i - Tb fort.. a.iijM'
Audits. viis"ss-
l&ajrcigv' afrwiT.,
f iret l1
j tra . , fcs.i-i , 1 1,'i. . ,!. As:
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ifWWfli
T'JJ 6 et
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