mmmmmammmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmimmmm-?. u.ui'j v'.m
-WWHlVVm" ' ' ' - " l"1-1 '- "' i!".''i .1 1 i ii i I i i
BVBNIHG LBDGBK-PHILADELPHIA, TUESDAY. JANUARY 19 1015.
e
is
EBnG STEPS TO BlSSOLVE GOLD POOL-BETHLEHEM STEEL INCREASES i DIVIUEND
iORTS COVERED
KSPRICESROSEIN
0 ACTIVE MARKET
Rcral List Showed Good
advances i r a a i n g
ffbadest Since hxchange
Reopened.
Knr TOHK, Jan. lO.-The stock mar
& ..- -M.K the most actlvo mid broad-
rtllnM 'he resumption ot trading.
ly; . -i.. .t wan tha nrlnclrml fan
is?:. j.i.rmlnlntr Drleo movements, nnd
Scully th enllro ,lit mado galMS ot
WU . it,.., Imn nnlnlji mill In
iSd n W morn """ '
" . ;daltlM a largor gain was made,
:r.k carried i"0 "lIi "v uu ...-.. .
behest level reached since the ex
tSfnrf. The short coverlnrr as
i Enounced In Heading than In any
Slltt from the Closing yesreruu. , .i..u uiu
!". .. i nroonnt movement.
Jlffes been noted for some tlmo past
Y Mnlstent accumulation of Heading
jit P5JIwn' . th, buynK ox.
M whatever supply was In sight
Sr recently prevailing prices. Prom
Philadelphia houses had largo buy
E. .Sirs In It nil through tho forc
L but only a small part of these
liU could be executed because the
". prlco quickly passed tho buying
Kourl racfia attracted a great deal
L .Hon by advancing 24 points to
t'S the closing yesterday. It Is
i'm rtfsrded In some quarters uiai mo
ComiVs finances will bo successfully
ffli'mre in management wilt occur at
'St romwny on March 9, when It I? cx
:&SXt Kuhn. Loeb & Co. will take
'itu the Gould Interests. A meeting 01
"" . t... it fVi rnmm f ipa rpnpp.
Vtine tho bond and stockholders of tho
tu B uM vMtorrinv. hut nn n.n-
Cement was mado as to whether any
hfj vr decided upon. A statement
I til. In Bt Louis today was to tho erccct
tot Gould holdings of the road's stock
1 .. i. "Ml hnrprt.
Hictuslon of tho short Interest at-
luted auenuun n. k"." -
Mea States Steel common. The Bhort
tlttitt In It Is Bald to bo of huge dlmen
. ... tnn hAar nn.rntnrn committed
to tit ihort Bide have been confident of
ftilr position, because of an expectation
4,1 the statement to ue issueu mi
CUeadar will cause liquidation and fiir
J..v ..niA nnnnrttinltles for coverlnir.
rtttton prices today continued their ad-
V . 5. . I t, ...I,. .,-rll,,,r
TtSClnx movenitmi. mi vw .j i''bi
1st fell off around miauay. wnno ino
f wheat at Chicago declined on
.I I...... aollfnf-
niner.iivayj oc. ...n.
SI1 December trade statement, which
listed an excess or exports over imports
ofnearly 1132,000,000, had a very good et
ft on sentiment. The statement wns
tral? remarkabln''one, when It is con
itSired that our foreign trado ha3 passed
llroosh an unprecedented period. It
,u. 9in tlio nfticts of the blc orders
Illch have been received by our mnn
iaiturers since tho European war began.
ICill money loaned at 2 per cent., and
i foreign exchange market was steady.
8a (he announcement of an Increase In
(preferred dividend on Bethlehem Steel
tfci Itock advanced 4 points to 101. The
'mmon, In sympathy, rose a Vi to KH,
Ml ,nm thft lrtlne- vrRn1n v.
fCIinadlan Pacinc touched 167, up .Hi
Batata TMn rtt nrtlr nrn a otrlTlIT In tlio
(iWUiW- iillO DVUn. unl'tl .
atrket yesterday on the announcement
tint th company will pay off Its out-
l.-ii J-J i.. .l-i-i-. J., rrt. I,.
general feeling that the road will be
.H.w.J a Im AMAH ha Un fvAlrrltf 4nAO
pftcn Haven mo'ed up 2V4 to 57. Io-
tnca vauey gamea iue snuie nmouni uy
ploy to 138VJ.
JL Ramely stock was not noticeably
lUKita ay me nppncttiiou lor a reueivur
kit the company. Tho stock was quoted
IH tjti WU 4 ItUIU II1U UUBU J'Vat.CtUII.J.
RUPITAL ISSUE REGULATIONS
&Htsa Treasury Gives Order Con
trolling New Financing'.
XOIfDOX. Jan. 19 Thn Trf-nsurv liaa
feued a notice Imnoslncr recrulatlona for
I'M control of new Issues of capital dur-
tluio war. Tlio note declares that all
,liier considerations must be subordinate
Isuw paramount necessity of husbanding
ttt;flnjndal resources of the country,
.Titb a view to succpssful nrosecutton of
Mwir,
Tt U acrordinclv Imperative for the
JJJloml Interest," continues the note,
ftt fresh Issues of capltnl shall be ap
Pjred by the Treasury before they are.
hide: 'SSIIPR fni iinrlArtnlflMCF-n In tliA
JSlUd Kingdom will only be allowed
sum me Treasury la satisfied that they
Lffl lAvlBaM In ll,A HAllnnnl In.AFut
jwes for undertakings In the British
raplre overseas will only be allowed
2g is shown that they are of urgent
Ustulty and that special circumstances
". Issues for undertakings outside
KgEmpIre will not be allowed.
Treasury will not ordinarily In-
0a the fnipirnlni tAtrlf,lnna whrrA
'lllStl.. Or, TAnlllva.l fnn 1. & nn&nrnl rF
fiS'ury bills and other short Instru
S8tl held here and fnlllnt- due in for-
W "f colonial governments or municl-
tw,jj r for railways or other under-
NEW YORK STOCK SALES
PHIGH VALLEY MEETING
R
?ctors He-elected C. J. Kulp Suc-
fMtdl J, JT. Baxter as Treasurer.
ftfat&t Ebel " Thomas, all the other
ffctj i. rrS ana " entire board of alrso.
fc1! LShlh Valley Hallroad Comtany
MiSvufJ4. .' ,h annual meeting- of the
KS' wio tooay, at J2S Boutti 34 street,
rtS?'Ar who at hl own request wai
-," ! m mm uhh muni Vl"
. ivt toft tr.aniln-rikhln nn ,i.pnnnt nt 111
SafE-I"""1"1 b? 3 Kulp- to"
f..eiUlr. Ufhlh naa nall. tn nA- k.
?i,.'i'10mMi was brief and devoted to
kBtS,JinH' .The reading of tho annual
L;.'irKIfc,?,'fa'- tndlng June 3D. 18U.
fm Si ,T" approved as published.
Mr!Wv.? vo" ' 8C3.771 shares resulted
ifrV'etton of tho foilowlog oftlcUIa:
k7rar97 hukuli. uremaeni: j. a. juiaaieion.
fiSBnU,nd D- Bmlth. vice presidents!
5&?.!f!. eceUry; J. William Kobblns.
nil
mtmi"X.Vui!Y- "no o. w, Wiley, aislstant
wffl!i,vih" o'Ftr re-efected are Edward
e SburS tiram Nesbltt. George P.
twU flB .? ft. omitn, wiuiam 11. ajoore,
$ Held, EdwardS. Moore, William It.
. Henry B. cose, FYederlck M. Klrby,
M?Sic,S!h,,r ,0lS William P. Clyde,
5t4 !sft. 'rf Baw. treasurer, has been eon
K!! the Leh1h Valley Railroad for
7S SB a rl1r In Iti. anAAl.Hllnw 1&n.r-
5EftCJ,uJ' '" the treasury department, as
NWm?.n . assistant treasurer, to which
"." elected In IBIO. Kinnjnam B.
a'fywt of the (Mrard Trust Company!
ar.90,w,.o nd "rank fattersqn were
2 the election. William Jay Turner
s tei(5 "-a 01 vna meeting: auu u, j.
. pwTeiaEy
ICEIVER FOR ROCK ISLAND
f a Noyes Appointed to Take
"Wga of Holding Company.
sT?.?Kk,Jn- .-Jnd Mayer, of the
T'," .ct Court, this morulas- ap-
3rBa". Walter CI. loye receiver for
v, jiostt isund ana j-eino ttaiiroad
K futt brought by the Central Trust
rM w the suit to foreclose the trust
nB;.f-lim? the collateral bonds.
fclfV Pto'!'UnT the receive direct, htm
K.3 CQOd torn f nfyi Th. nrH n ...
RBf, ff t""" a Bled It shoull be
Kg -" "aany for which the re-eivtr
s Sj, " loicato Bock, lalaud ana
"toad oa huuia tempanji.
Last SI. High
28! 2D),
11
3
62U
31!(
9531
48
47H
5
24!
2oM
10J
28K
78
OIK G2)
23H
251
10J
23
nou
miij
7.114
o3)
102H
45
35J.
UH
30
OOJj
Alaska t3o!d Mines .
aiiis L.halmi.r. . . in
Amalgamated Copper .. 6C!j
Am Ag Chem coif
American liect Sugar . . an
American Can aojf
American Can prcf .... 05U
American Car A Found 48M
American Cotton oil.. 405f
Am Hide Anil T.mw r.
ijiniiiao waiii. pref
Am Ice
American Unseed ...
Amcrlran Locomotive.
Am Locomotive prcf..
Am Smeller Bee pref. .,
American Smelllnw . .. .
American Smeltlntr pref loili 101J,
7'"1"'" 140 160
American Snuff prcf.... 103 103
AmS"wr. .0 t,M
American Sugar prof. ..113 112!
Amorlcan Tel & Tel .... i 18JJ 1 10M
American Tobacco 227 230
American Tobacco pref 107 107
Anaconda Copper 27Ji 27J
Atchison 94jj ogif
A i.l utsl Llna mi 1, n
1'oniKin l.ocovrcf ill.'!
llaltlmore A Ohio 7i;
Dalllmoro A Ohio prcf . 72
Dctlilehcn Steel.' 62U
ucthlehem Sleel pref.. B8)S 101
"rooklyn Hapld Transit 87 88!,
Brown Shoo Co 30 .
California Petroleum... 18H 18'i
( Biliotn.a 1 ct. 1 wi SO HOH
Canadian Pacific WIH 107j
v-enirai i,caiaor a oH 35H
oenirai reamer pref. . .102
Chcs&Ohlo -M
Chlno Copper 35
Chicago Great Western 10!,
ChlcOt West prcf 20
Chicago .Mil s St Paul. S!)
Chic Mil A SfP prcf . . . 125H 127)i
uiuctt l'catiody mef. .. .lOfl'S 00 .
Chicago A Northwest.. 12Q)i 127'(
Con Can 19 40H
Con Can pref 01 I2h
Col Fuel A Iron 25K 20!i
Krlo 22'i 23)
Erie let prcf 35), 30H
Dlstrillers Securllles. ... lljj 12
FedMAS ut( 10
Consol Oas 120'i 121
Corn Products 10Ji 10H
Corn Products pref C014 IWM
Del Lac A Western ... 420 425
Donvcr A iltlo Grand ... 6)4 0! i
ucn a mo urando prcr
Gcnoral Electric
Gen Motor
Gon Motor pref
Goodrich Co
Great Northern pref
Great North pro Cent
Guggenheim
Ilomestako Mlnlns ...
Ill Central
Int Agr Corp pref
Interboro-Meiropolltan
Intcrboro Met pref
International Paper....
Internal Paper uref
Indian Steel pref
Inspiration
Kansas City Southern. .
Kan City So pref
Lake Erie A Western. . .
Lehigh Valley 130
LtggctAMprcf 113!i 1I8H
Lorlllard 172.4 177f
Lorlllard pref 114 118
Lonslsland 30 ESH
Louisville A Nashville. .118
M acka.v Co pref (IS
Maxwell Motor 18H
Maxwell Motor 1st pref 57H
Maxwell Motor 2d prcf 23
May Dept pref
Mercantile Marino
Mercantile Marino pref
Minn A St Louis
do pref
MStPA SSM
M St P A S S M prcf,
Mexican Petroleum .
Missouri Kan A Tex. . . 10'i
f 11 lJor it lex prei.... :81
Miami Copper 18
Missouri Pacific 11
Montana Power Co ASM
National Biscuit 125
Low 2-iOpm
28J, 20H
11 11
SOU 57!,
51 62!
35 35M
30!, 30?
95X D5
47 48
40)4 40)4
5 5
24 24! i
24)4 24! j
10)4 10)4
28 28X
05!f 05!
78 78
01.U 02)4
101 101!i
140 150
103 103
1 434 l'fi
11234 11234
110 110H
228 230
107 107
27H 27!(
04)1 0134
102 111
J"l)4 1(U'4
71? 71)4
72l( 72H
51!t 52'
08 100)
87!f 88
30 30
17 17! i
0)1 60)4
1&4U 10D4
343i 3434
102 102
43!i 43)4
35)4 353.'
11 ll!j
20)i 20'i
80)( 00)1
127H 127!i
0914 09H
120 127!f
40)4 40! i
2 12)4
25)4 20)4
22U 22Ii
aW 36
12
'f
12
10
11
SS!4
01
.. 31V4
..115U
30
50)4
..103
12
50
734
35)4
. 731.'
10H
23W
. 50
12)4
14SX
89)4
04)4
2H
UM
30)4
SOJ
117M
ins)
123
11
AWi
II
30
73
10'f
23U
57
7
138W
12.134 121
10)4 10)4
00 60W
425 425
0)4 0)4
12U J2X
11434 144!,'
80)4 8954
01H 04)4
:0!i 30! i
115H 110
20)4 20)1
BOH SOW
117)4 117)4
lflSJf lO'Je
123 123
11
40
0
30
73
11
40Jj
0
36
73
120
('8
lS'f
69
2334
97
134
4
12
20)4
113)4 11534
.rn 128
. 59)4 CO1 4
10)1 10)4
23)t 23! 4
57 57
0 C,
137 137)4
118M 118)4
177U I77!l
115 . 118
.'8 :-8!4
118)4 120
f8 f8
1
4
ll'l
Nat. tnainellng 1234
10H
30! 4
18H
13).
46
125
12H
48
National Lead 47
National Lead pref 10SK 1( Otf
Nevada Consolidated.. 13)4 13!4
NY Nil AH 54)4 57
New York Centra 89)4 80)4
N Y O A West 22H 23!!
Norfolk A Western ...-102H 103
North American H5 (14
Northern Pacific 103)4 104M
PaclDoMall 20 20)1
Pennsylvania 10631 100!1
People's Gas 120.4 120)1
Pittsburgh Coal 17(4 1SU
I'ltteburiin Coal pref.... 1-33, MJ1
rressed Steel Car 35)4 38)1
Pullman Co 15311 15334
Ilay Consolidated 16)4
Reading 147!.'
Republic Iron A Steel. . 21
I 1 ui nr 1. & . MCI... U(
Ilocklsland 34
Hock Island pref 1!4
Itumely Co 1!1
Seaboard Air Line 13
Seaboard A!r Line pref. 38
St. L. A S. Fran 2d pref. 3
Southern Taclflc 85)4
Southern Railway 18),
boultcrn lty prei 50
Standard Milling 45)4
Studebaker 43W
Studebaker pref 05)4
Tennessee Copper 3U1
Texas Company 134
Texas A Pacific 12)4
Third Avenue 43
TuinCltyRT 09)4
Union Bag A Pa per 0)1
do pref . .
Union Pacific
11034
H,
2S!4
9)4
1314
32)t
57
Union Pacific ar .
t . r.. ( . 1. 1
United Rys inv-
United Rys lav pref
U S Rubber
U 8 Rubber 1st pref.
US Steel
US Steel pref
Utah Copper
VaCar Chem
VaCar Chem pref-
Wabash
WjUshiref
Western Union
Wheeling & u ....
Wheeling A L K 1st pref 10
Wheeling A L E 2d pref tl
WestlngnouBO Eleo 71J,
Western Maryland 17
Woolworth 4
17)4
151)1
22!4
.8
1
1)4
1)1
14)5
iB(
3
86)4
17
61
47K
43)4
96)1
32)1
134M
13)5
43!1
99)1
27
121
1)4
20)4
10
13)1
35
58H
IRIi 18'1
67 67! 4
3 3
97 07
. 1 1)4
4)1 5!4
11!4 12
25 20
115 115'4
128 128
59 00! 4
10 10)4
30 30!4
18)4 18)4
11 13
45H 40
124)4 124M
12H )2)4
47 47
lOilJ! 1C031
13 13),
54)1 554
S8U 89! 4
-2234 22)4
103 103
04 04
10 1 101)4
20)1 20!i
106 106
12035 120U
IS 18).
K: 4!1
3534 30
15334 16334
17 1731
140)1 151)1
22 22),'
34
1)4
1)4
14
3s
3
;s
1
1)4
1)1
14K
38)4
3
85)1 80)1
16)4 10!!
00)4 00!1
47!! 47)1
42)1
06
42)4
90
3131 31!!
134M 134!i
12)1 13)4
43
99
634
27
43
99
634
!7
I02W 102)4
51M 52)1
108)4 10S!1
5314 54)4
20M 22
88 88
1 1)4
D! 2)
61H 63
3
1434
6
72)4
17
04!!
119)4 120!!
w! M)4
28!! 29
10 10
13)4 13'!
33 3 J 5
56)4 56H
102)5 102H
filll 62H
103)4 108!!
53K 51H
20M
SS
1)5
2H
6135 63
3 1
14H 14)1
88
1)4
2)4
5H
72
6)4
72
16)1 1634
94 04
KATES EOR MONEY
Call.
. . 4ttfM
.. 2 m
4 4ft
Philadelphia
Nw York
lioston
Chicago eWlotl
ConimercUl paper. 3 to 6 months.
phis, etf-!i per ce"-
4Uit3ti
Time,
4 m.
tnua'.i
adel-
Phlli
Beservo Banks' Discount Bates
1.
Philadelphia ...... 4
Uoston 4
New York ., 4
Cleveland ., 4
Itlchmond t 5
Atlanta 4
niilaira ............ 4
St. Louis .., f
Minneapolis ........ n
Kanas my ..
n.li9. ...... I
San Francisco ;.
Days,
SO or SO or 60 to
iss. w .
vj r
)s G
)j s
M S
5
5
R 6
R
0i), Over 00,
u
e
8
11
8
8
8
DIVIDENDS DECIABED
American Railways Company, regular quar
terly II Pr cent, on preferred, payable
February 14 to stockholders of record Janu
rr SO. . , .
J. O. CBrltl Company, auartorly X per cent,
on preferred, payable February 1, to sto?k of
'nUrnatlonV? Traction Company, regular
semi-annual 3 per cent, ou preferred, payable
&bniaV 15. Books close February i. , ,
Orand Baplds Hallway, reaular quarterly 1W
per cent on preferred, paysble February 1 to
stock of record January IS. , ,
paclde coaet "ompany. rer)lr quarterly 1U
per cent, on llret preferred and 1 percent on
seeond pref eased 4 common stocVs. all pay
able February 1 Books cfeso Jsniiary SS.
i par 0 preferred, jabls January SC
BUSINESS QUIET ,
IN PHILADELPHIA;
STOCKS DEPRESSED
Local Brokers Complain of
Difficulty in Trading.
Traction Shares Still
Heavy.
Strictly local business on tlio Philadel
phia Stodk Exchange today was over
Mmiloued by Ilia activity In Wall street,
s. Hint, aside from a moderate amount
of arbttroiro transactions, there was lit
tlo to report. Investors were plcklnff up
Klectrlc StornRe Battery, which advanced
cnr-IIy. On Hie other hand, brokers com
plalnnl Hint It was difficult to deal In
such Issues as I). 8. Steel and Heading,
which persisted In selling out of line with
their N'ow York quotations. At times In
Steel there wns as much as difference
In price, and when LchlRh Valloy was
selling at 63 In odd lots here It was abovo
13S per cent. In New York, or equnl to 69.
Tho tractions and Philadelphia Klec
trlc continued depressed ami sentiment
hero was discouraged. The Hapld Trnu
sit surplus for tho first half of the fiscal
year was only equal to 0.66 per cent
earned on tho tock, against 1.02 per
cent, earned In the first half of the pre
vious fiscal period. If the Union Trac
tion stockholders consent to pay up the
full remaining capitalization In connec
tion with the new transit plans It Is
difficult to seo just what guarantee they
can obtain for the 6 per cent. fllvlTlrwIn.
Tho heaviness of Philadelphia Klectrlc
was attributed, of course, to the protest
mado by Dlroctor Cooke to the Tubllc
Service Commission against approval of
tho now city lighting contract. The
hearing Is to be held Wednesday. A num
ber of underlying secuillles changed
hands, Including Mlnehll! nnd Schuylkill
Haven at 65 and 66i, up si, nnd Little
Schuylkill nt 63, down IH. Northern Cen
tral was also off slightly. Jersoy Trac
tion advanced to 72, and Catawlssa Oral
preferred sold at 51. Light offerings of
Baldwin preferred cost the stock 11 frac
tional doclino.
Interstate nallways 4s declined to 68. A
letter has been sent to holders of the 6
per cent, cumulative preferred stock,
which Is redecmablo at any time, asking
them to exchange their shares for a new
preferred Issue which shall be unredeem
able. This would pave the way to pos
sible dividends on the common stock, ns
tha preferred must be redeemed before
any such distribution can be made. The
remainder of the local bond market was
not particularly active. Electric and
Peoples is were inclined to sag In sym
pathy with the general heaviness on tho
traction groups.
LOCAL STOCK AND BOND SALES
l-n
ISO
10
so
2
too
27
111
S.1
17
25
200
10
S2
14
300
10
S2t
400
Six)
105
noo
1.11
ot
541
5
2700
R3
CjOO
1000
0000
00
1000
10000
Yes.
sale,
Amal Copper . . . r,(J
Baldwin Lo pfd.l03',(,
Halt & Ohio'
Cnm Steel H'i
Catawls 1st pref B-l
Con Trno N J.. 70
Klectrlc Storago 4Si
Erlo let iDrcf
Gen Asp pref.
Ins Co N 'Am. .
Lehigh .Nav. . .
Lch Nav t 0. .
Ielilsli Valley.
I.lttl" Schuylkill M'i
Mlnehlll f!5
Nor Central.... 85t4
N'arf A WViit
IVi'na Ttallroad. KVJ;
1'lila !Elfttrl.
Phlla R T t c.
Tteadlnr
Tonopah Bel
n-14
21U
75
75
RS
M
10
7i!
.1
Union Traction, as
-vi
High,
57i
10.11 i
73
nr
72
4SH
an
67H
ai,
Ot
ta
bdK
S5H
10.114
MU
2.1S
1ft
75H
?
.1A
S21.
52'
OS'
p4 0S!4 6S
United O I
U S Steel St
westmor Coal., osh
BONDS.
Iast prev.
sale. Illch
Am a & hi eg. tu
Cam Steel scrip. 11714
VAn & I tr tn 771
intersiaie uy 4s n!i i
Key Tel 1st 5s 0l!4 01
Phlla Co scrip.. Ot 01
Phlla Elec 8s..l014 102
WNY&P 1st 5.102ii 102'i
ip
U'k
r.i
72
4n
so
07
2t,
7U
75
RS
M
55
Vi'i
miu
Klii
23(J
tn
.15
..o
K2
511.
2:tO
p. ni.
57U
102H
7.1
72
4t)'i
311
07
2P1
74U
75
03
5JI
56Tt
8,-iU
$&
111
75
38
S2U.
r.2
58H
2:40
Ixw. r.M
sn'i k.v.
775
5R
01
Ot
101 K
102VJ
01
01
inii
1021J
HALF HOURLY SALES
10 to 10.30 A. M.
25 Union Trac... 30 12 Klep Storage. 40U
. j QR in IT d C.I Kill
50 Phlla' tit' to 10 20 Cam Steel. I
nr.m stl.... 4414 20 Phlla Elec.
6 (len Asp pta. mn jo o f.
50 Penna 53(4 IOO do 23
15 Elec Storago. 48 10 U S Ste1.... 51(5
10 Headlnt T4 10 Union Trac... 30
2 Penna .....M. l-lo 40 Erie 1st pfd, .10
2 do K13-16 t Mlnehlll 55
10 Ixh Valley... OS 75 North Cent... R5
5 mm n t t c 10 200 do sj
10 Union Trac... 38 23 do 83H
BONDS.
tlOOO Am Gbs & Eloe 5 MU
01 Cam Steel scrip 97i
31 Cam Steel Bcrip g'h
20 Phlla Co scrip 01
IT Phlla Co scrip 01
600 Phlla Elec 6s 103
10.30 to 11 A. M.
in w A Writ. 103 100 do 52
COO Phlla n T t 0 10 27 Penna
10 Union Trac. . . 30 22 do.
15 !" T ' JVix -V 5m..VuopKi" SI
8 Union Trac'.:'. 30 10 U 8 Steel..!. 62
50 U S Steel.... MM 15 do 52
50 Am Copper... 57 100 do 52H
100 U S Steel.... 62 100 do 52
id do 52 10 do 52'i
BONDS.
6000 Elee 4 Penp Tr 4s 77',i
1000 Interstate Ilwy 4j SS
20 Phlla Co scrip 01
11 to 11.30 A.M.-
18 Penna !V4 60 do 52V4
to Baldwin Pfd. .103 o... ...... M(
100 Am Copper... 67U 30 Phlla P. T t o 10
10 Heading . 10O Penna g
15 Phlla Elec... 21, 10 Mlnehlll SU
2 Cala 1st pfd. 54 100 Uh Nav t o. TB
10 U S Steel.... 32H
11.30 A. M. to 12 M.
130 Leh Nav t c. 75 8 Ins Co N A. 2144
SO do?........ 75 3 Baldwin pfd.. 103,5
5 Baldwin Vi-m W
in do HOVS 2 do 103
TSJleadlnt ...!B5.ft 0 Ins Co N A. 2111
8 Union Trac... 36 75 U u I &J,4
10 KSidlng 73H 1 Baldwin pfd..l02
BONDS.
10000 West NTtPi lit 5 10514
12 to 12.30 P. M.
10 Phlla Elec. . . . 23J4 lf V a I ssu
mo do 2.14 5 Penna MU
40 Phlla Elec... 23H 500 Tonprih Bel.. 4
Llttie Bchuyl. 53 20" do 4K
10 U S Steei::. ! 2!i 200 do 4jJ
BONDS.
50O Am Gas & Eleo 5s M
10)0 lileo & Peon Tr 4s TJV
MO Phlla Eleo 5s HUH
12.30 to 1 P. M.
100 Con Trao N J 10 Bait Ohio.. T3
60 'Phlla Elec... 23H a Penna 5311
10 Union Trac... 88 11 do K
0 'do 88
BONDS.
1000 Am Dos & 'Eleo it 8i
UOOO Key Tel 1st t" Bl
1 to 1.30 P. M.
100 Penna 53H 23 Lh Nav T4?i
M otn Asp pfd. 6T , 10 Baldwin pfd-WU
100 Phlla Elec..,. 231i
1.30 to 2 P, M,
5 Baldwin pfd.,lM . IVtiM i
2 Penna ....... '"H 100 U p steel... 3ti
10 Union Trac... 30
BONDS.
200 Am Oai & Eleo 5s 83
2 to 2.30 P. M,
n Union Trac 88 2 Penna , M4J
r5 Phii nrVe 10 0 union n. . . 30
IS gi?odls!og.: 4 peSnsf..::::: m5
W UnlonSTiacf : s8 W Uh Valley. . . esfi
BONDS.
BS1 Cam Steel scrip 9Tb
2.30 to 3 P. H.
-K d0 "
2O0 PhUa Bles 6 101H
SELLING ACTIVITY
IN THE WHEAT PIT
LOWERS MARKET
GEORGE K. JOHNSON
Elected a director of the Pennsyl
vania Company for Insurance on
Lives and Granting Annuities.
Mr. Johnson is president of the
Penn Mutual Life Insurance Company.
Holders of Long Nervous
Over Talk of Govern
mental Interference.
Good Demand on Decline.
BETHLEHEM STEEL CO.
INCREASES DIVIDEND
Directors Declare 7 Per Cent. Against
5 Per Cent. Last Year. '
Ni:V YORK, Jnn. 10. -The dlivitots of 1
tlio Ilcthlchom Steel Corporation tunny
deiliiivii n dividend of 7 ler cent, on thr
preferred stock out of cnrnlniJS In the
yenr 191-1, payable In quarterly Instalment
of li per cent, during the yenr 1513.
A year nco a dividend of 5 per edit.
was declared out of earnings In 1913,
payable In quarterly Instalments during
1911, No action was taken on the com
mon dividend.
Following the meeting of the director,
President Schwab said: "As yet we have
not fully compiled the earnings' ntnte
ment for 191J, but It Is safe to ray thai
last year's business will result in net
rnriiliiuH conMtlerubly better than tOlfl! In
fact, 19H will prove' to be a record year."
In 1913 the company earned 27.15 per
cent, on Its common stock.
TO DISSOLVE GOLD POOL
Secretary McAdoo Says Necessity for
It Has Disappeared.
WASHINGTON. Jan. 11'.- At the con
clusion of the Cabinet meeting today
Secretary of the Treasury MuAdoo an
nounced that steps wero now being taken
to dissolve tho $100,000,000 gold pool formed
nt the outbreak of the war by New York
bankers to pay American debts abroad.
He said the necessity of the pool hnd
disappeared and that Its dissolution could
be taken as a matter of course.
NEW YORK BOND SALES
High.
flOOO Amer Asr 5s !')
food American Ice Cs 85
1S0OO Amer Smelt Sec On l'XITl
13O0O Amtr Tel clt 4 SH
T10XJ do cvt 4H Hill
;C00 Amer Writ Pap 4s ill
fiOOO Armour Co 414s Ml,
250t'O Atchlon cv 4s 100H. .. HI'.
RouO do r.s 114
211OO Dalt & Ohio ;i'4 01
7000 do 4s HO.
440OO do cv 4l.i 87ti
KiOCO Both Steel 1st 5s OO's
11O0O do rfd .1b 87?
WOO Brooklln llap Tr ft.. . .102l
2000 do Em 11118 OUH
1000 Cal Oas A Elec 5s 0:1
1200 Cent Leather 1st 8s... nn'i
170PO Cent l'ao 1st 4s SOU
::oooo flics fc Ohio cv 4V... 73
7 Willi 1 Chi Ot West Is 71
14000 Chi II & Q 4s Oil's.
500U Chi 11 & y cen Is Ml,
1000 Chi II & Q fil 4s ro;
11000 C! M & Stl 1)IV 4... 110
BOOO C M & SIP F U Uis. . ROli
80,100 C M & Stl cv 5s I.Wli.j
2(1000 C M ft SIP cv 4!ks... Ilrt
4000 C M & St P gen 4ls.l00'i
42000 Chi n I & P col 4.. 25
11000 mi n 1 & p 4s 2il
20IK) Chi StP M O Bs....lOl
BOOO Col Industrial 5s 72H
BOOO Col & South clt 4s. . . . SOW
21000 Con Ons cv I'a w I....U4K
7000 Corn Prod 5h 10.11 04
1000 Del tk Hud 4s 1010. . . DflH
4000 Uol & Hud V D 4s... 04H
12000 Detroit United 4I5. . . 72
1000 DuPont Pond 4i6s R41A
1000 Erie Kll 4s IK'S
12IKW Brio conv 4s 8or lA.. 112
11000 Krle conv 4s Ser n... 63"4
1000 Krle prior 4s R2
lOOO Oenersl Motor fis 101U
10O0 Oa Cor & N W 5s... 100(4
20OO dreat Nor lt 4US...101
74500 Hud Jinn In r,s 2fl
Sihio Hud Man rfd On TM4
10000 Iown Central 4s 4lr
WOO 111 Central rfd 4s. . . . 87M
2000 III Chi J T 5 I
6000 Insp Cop cv Os 1010. . 07i
MOO Insp Cop cv Os 00J
1B0OO Interb Met Mis 74iJ
3OHI0 Interb It T re Ss OS
3000 Inter Mer Mar 4H. . 34V4
ROOO Internl Paper Cs 10lt?
7000 Alcohol Bs loot
20000 Jap new, a ta 4hs. 7tUJ
4000 Japanese Os lift
1000 If U VI S & M 4s. . . . 711
2oi0 Kan City So 1st 3s... 7
10OO Kan Cltv So Bs CM,
2000 Kllilta Cn 'Eleo s 102H
20)0 luika Steel fis 102.1.. 89
1000 Lacledo as 1st Bs...100:
BOOO 1,1c Kh deb 4s 1IH1.... OlVi
SOOO Us M T s 102(
li.l0 Lorlllard 5s 102
3000 Lorlllard 7s 123,
2000 I.OU & N At Kn 4s. . KlUi
1000 Manhattan 4s ..... .. 8Sii
rami Minn A tit 1. Is 44
fiOOO Mn Kan a T 2d 4s. . . . Ml
4000 do 5s A)
1(1000 Mo' f'ac 4s 4H,
130TO do cv in 4ft
2000 do col 5 I01T 03V4
1O1H) do cons Oa 101
MOO N V Canal Imp 4..10!
BIVO N V C A Hud 4s ROVj
nnoo n t city 4s 1050 07
40110 do 4ls 1000 1004;
.".noo do 4ils mm io4Ti
No do 414s 1001 100
MOO do 4t, Nov '17 10H4
ronO N Y N II&ll 3iiS 1053 72
(MX) d" Hs lOft-S
1SO0O N Y Rwy 6a M
limoi) N Y 1VI sen 4Hs 05i
0500 Norf & West 4s I3
BOOO Nor P.10 prior 4s IW
1000 Nor l'ao Ken 3 , 04J4
10f Ore Short 1. ref 4a 0014
4000 Paclrtc Tel 0?if
44000 Penra cv 34s .nOT
leoo Itay Con Connor fis -..lpO
ftfirt) IteadlnK Ben 4s. ... 03J,
1MK Itonub ruha 5s 1004.. nou
OOftO Hep Ir & 8 5 1O40. .. . K
30HO Hock island Bs. ; 5JH
10f0 Rtnlioard A I. adl 8s. . 8014
MW Bouth 1'ell 8s... 07
4000 South Poo col 4s hflt,
BiWliiO Bouth l'ao cv 4o WW
Sum do cv ret t P Bs 081,
4(mo South Kao rfd 4s KSfc
17X South tlwy 4s fJJH
1000 South Ilwy Bs 0014
2000 Tenn C & Ir gen Bs. .100
1W0 Term Assn St U Bs...l02
am Texas Co cv fis 07J
14000 Third Ae new 4s.... Mt.
240O1 Third Av adi Bs TM
BOOO II 8 Hutiber 6s 102
K0000 U 8 Steel 5s.... 102U,
HiOO V S Steal re 5 101,
10000 Union Pac U. pd
12000 Union Pac cv 4s. 00
nooo Un Itwvi S F 4s KM.
BOOi) Va Os Ilrcwn Bros.... RJ
2000 Va Itwy ft OT
2.V10O Wabash 4. . 28
1000 Wabash 1st Ss .... OTM
201000 Wab Knu ct sta 4s.. 22
UOOO West Md 1st 4s. flfti.
1000 West B & il cv 5s. . . . 0.1J
innOO'Wert Shorn 4s. no
. 6000 West Union 4U not.
I.OT
lno
85
103'i
87
tlSl.
01
IlJ
01
DO-',
87
00.
lid!
0115,
03
ooi
so
73
71
IKltl
M
03
RoVi
8014
10m
100f
'-45?
24
1011
721,
80J4
114(4
00
04!i
71
84t4
tw-S
02
'
82
101l4
101)14
101
2S
7514
4H?
87 4
Oil
07V
1014
1001J
T
1H
Tl
'?
Oil?
102
102
12.111
8flt4
S8
m
4T
44
w
101
100
84
o
1001I
1MT
100
'?2W
1051i
B2I
02'i
02
01 H
sou
07
OOTi
ion
ooi;
02
nn
KIM,
OTU
KIM
821,
08
8Si
00
on
100
102
07i
Sl'i
T8U
102
102
10ti
8514
IJW
B3V
SI
9T
25ti
07li
2014
fittf
lU
no
00 ty
2:10
p.m.
lnO
85
1M4
87
08V4
111
02U
II34
I110H
01
l4
87ii
00i
S7.
1021.
Oil.
03
tioa,
7?1W
Tl
0ll
80S
035
00
8014
10114
on
10011
M
T2
Sft
l"i
IK!
SO
04,
T2
8414
0K
a&
oftX
82
10111
loo!5
101
28
T5H
4PV,
874 5
on
OTW
34
101 1?
10)11
7fti,i
115
07
';
102?;
80
10041
Oil?
1(r2
102
li'lW
8014
881.5
ui
so
471-j
45
0311
101
11X
8fil4
07
10OH
101'i
100
1054J
051
02 !i
02
04W
ooiS
07,
00
100
mv,
oK
02
BUli
mil
82 ii
08
ss?:
mil
onti
loo
102
071
si'i
102
10214
im
oo
00
KH
DT
8
fi-i
fti'i
DO
OOli
NEW YOBK BUTTER AND ECICS
NEW 'VOBK. J. JO.-HUTTER.-Marlcst
steaty: rteelpts, 4 pwkacu: cramnr. w.
tra. 82321ic-: hUher scoring-. 33e3(4c.t
Btata dairy. 310320.; imitation creamery, 250
BOOS. Markt floaed tteady; racslpts, T9t1
cases; fresh etr, Brats. STc 1 fresh, flrets,
ISUc: nearby wMtss. H8J5c; nearby mli.il,
aogfey. "refrigerator Brits, 8THg2814c.
yOREiaN EXCHANGE
MSW YORK. Jan 19. Th; foreign txchang
market slued a slight (all In demand sterling
doVSs V i S 11, 8 H. franca,
caJUta, 5-lSH. u4rk. SIH.
CinCAQO, Jan. 19.-Prch Betlltitr of
wheat sent tho market down ngnln at
tho opening todny. Holders of long
wheat wore nervou.i and sentiment was
Influenced by fonts of governmental ,n
terlerence, hirjrer receipts than had been
expected In tho Northwest and good
snows over the winter wheat belt. There
was a fairly good demand on the de
cline. Tim Mtigllsh market showed a
tendency to go lower because of freer
Plate offers at a decline of 3d and a
falling off In the demand. It Is be
lieved Hint English millers are well
stocked. Prospective arrivals In Great
Urltnlti are liberal. Plate and Indian
offers are freer. There have been good
rains In India. Wheat In the United
Kingdom Is suffering from wet weather
and prospects arc not favorable. Com
plaints are being received from Krniico
because of excessive lain.
In Germany there Is a lack of snow
covering nnd millers are buying direct
from glowers. The weather and ciop
news from Itussla Is not good, nnd llttlo
gruln Is moving.
1 Provisions were iulet and easy.
Liadlnp: futures ranged as follows:
Yesterday's
wne.u i)in. iiirii.
May 1.4IH 1.411),
Ju.y 1.2.1 l.23ij
i.orn (new uenvcryi-
Philadelphia Markets
GRAIN AND FLOUR
WHKAT.-There wns little trading snd lth
lower outsldo advices prices further declined
In, Quotations; Cr lots, In eiport lerlor,
No. 2 red, pot and Januaty, I,jo1.-H; .Sp. 1
red Western, fl.4tgi.47i No. 1 Northern Mil
ium. l.4$tfl.ftl.
COIIN. Receipts, 0028 bush. Thero was a
fair Inquiry ror local consumption ns we I as
tor export and prices ruled steady, quotation.
Or lots, In export elevntor. No. 2, spot and
January, T7!iiaiS!4r. i steamer, iil7c.j No, .1,
7.ViJ70o. Car lots for local trade, as to Joca-tlon.-.o.
2 yellow, new, TOiMrsoqc.; stMnier
yellow, new, 78iiic 1 No. 3 yellow, new, i014w
i7c.i stn-.ple vellow. new, 72&75c,; new cob,
per To Ibe , 7ilff77c. . ,
OATS.--Receipts, 104.370 bush. Trade was
quiet -but ,rl(e ruled steady. Quotations: No.
U white. .Vir.v.iWc.i slandatd white. BKffuS4c.i
Mo. II while, 57140580.
HVK.Huled Arm under small suppl ej.
We nuotr. nt fl.1stwi.20 per hush., M jo liil
Ity, In export tdevator, nnd nt l1.10 tor
small lots of nearby grain In bans.
FMlUIti Receipts, 1055 barrels and 602,
01)7 pounds In sucks. Tlio market quiet nnd
values nominally unchnngod. We nupte por luu
lbs. In wooit: Winter clear, $,YS0V'U do..
strnlRht, 5.i)2.1tn.r,0; do., patent. fil.BUWT, hnn
sas, straight Juto snrks. (l.60B(l.7B: do., pa
tent. Jute r.ai'KS, 0.7BfTT.10; sprlnK, nrat clear,
'..40f;ii.i,0; rto straight, it.iS0fl.7S; do., pn
tent, (0.73O7.2.1: do., lavorlto brands, 7.BOd
7.7B; city mills, choice and fancy patent,
$7.B0B.7: rlty mills, regular grades Win
ter, clear. '.VBOfffl; do., straight. 5.25
0,5(1: do., patent, Irt.ilOff 7.1B.
11VF. I'lAllllt. The market steady under
small supplies, but trade quiet. We quote near
by nnd Western in wood Bt f.0.MU7, as to
quality.
PROVISIONS
The market quiet and without Important
change. quotations: City beef, In sets,
cmokeil and alr-Urled, Stiff STc.; Western Leot.
In sets, smoked, 2il2fo.: do., city beef,
knucklM and lenders, smoked and nir-drlod,
2M12c; do.. Western beef, knuckles nnd
tenders, smoked, 28(2ic.j beef hams, J.12JJ33;
pork, fatrllv, J24M24.SO; hams, H. P. eured,
loose, 131i'(13i,4c; do., skinned, loose, lWffl
1214c.i do., do., smolced, i3t01.1Uc.; . other
haniH, smoked, city cured, as to brand ana
Al'.M.n 1lMllJ.rt l.n.na mnnUA Wtem
cured, lltJHUc. : do., bolleil, boneless, lOli'Joc. :
Picnic, shoulders. S. P. cured, loose, UollUc.;
Iiw. Clo?e. oloe.
1.30 l.3U' 1.421,4
1.2.11, l,2di, 1.234
Mnv
July ....
llaU
My ....
July ....
i.ard
Jnnuary May .. .
July ....
Rlba
.lunuary May ....
July . . .
Pork-.Tanuary
May
-in,
70'i
n.
Tnn
70i
sou
7-
781, TSfc
52'i S2i
..10.0.1
. .in.no
..11.00 II.4K)
. .tO.0.1
..10.37
. .10.(15
10.37
10.63
tTII
TO!.
t.10
153
10.T2
10.00
11.10
.... 'll.tlO 10.00
10.27 1(1.30 10.40
10.47 10.47 tlO.OO
10.0.1 10.(12 10.62
10.IH1 1(1.7.1 10.7.1
10.03 10.05
.118.37
.111.10
Uld. tAskcd.
tl8.30 18.60
10.10 18.00 1S.1J0 111.15
LIVE STOCK QUOTATIONS
ClIICAIiO. Jan. II). HOGS Receipts, 25,
000: market steady: mixed and butchers, 1H.IJ0
rnT.10; (rood heavy. SH.VMt7.lu: rouch heavy.
jfl.WtfO.7ii: light, $i).O07.10; pigs, J3,C07..0:
bulk, ia.83g-7.oo.
CATl'I.K Receipts, Snort: market steadv:
heaves. gO.dOJrO.lO; tows and hclters, $3,srt
8.2.1; Ktockcrs nnd feeders, 4 6o0.50: Texans,
i.(i0ii'T.4O; calves. 8.u0irl0.25.
HHKHP Receipts, lo.iski: market strong:
natlvn and Western. t.1.60jj0.4fl; lambs, S3.73
IQ8.35.
LIVE STOCK RECfEIPTS
CHICAGO, Jan. 10 -Following aro the live
stock runs at the various centres:
Hogs. Cattle. Sheep.
Ohlcsgo U. S. Yds 2.1.000 3.(100 ID.OOO
13,000 11.000 10,000
0,000
Kansas Cltv
Omaha B.000 B.2I10
fit. Ixiuls N. Slock Yards 6.000 4,000 X.BOO
fit. Joseph 3,800 3,0(10 1,500
Oklahoma cny o,ni i,m
Fort Worth 2.000 4.000 200
SIOUX City 5,300 2,200
NEW YORK COFFEE MARKET
NEW YORK. Jan. 10. Irregularity was the
featuro of the New York coffee market In
early trading. Some months showed declines
while others adanced. March was bid 8.23
cents, an Increase of 2 points above last
night's Onals.
Opening futures March. 0.23c. bid: April.
OSufl.40c: May, B.lBaa.47c.; June, 8.30a
fi.37c; July. 7.27W7.28C. ; September. 7.42.
7.14c; October, 7.4807.62c. ; November, T-BO
T.BSc; December, T..WI 7.03c.
LONDON STOCK MARKET
Securities Steady Trading: In Ameri
can Group Not Brisk.
IvON'DON, Jan. ID. Securities on the
Stock Exchange were steady today. Spe
cialties had a good tone nnd gllt-odged
Investment Issues were hard, especially
tho war loan, which was quoted at 91.
Investment buying was generally stim
ulated by tho severity of tho overnight
announcement of the Treasury restric
tions on new capital Issues during the
war. The action of the Treasury re
moves the possibility of big flotations
during hostilities.
Amal Copper .......
Atchison
Bait & Ohio
Canadian Pao
Ches & Ohio
Chi It & 3t P
Denver & Rio C3,..
Erie
do 1st pref ......
Illl Central
Mo ICan & Tex....
N Y Central
Norfolk & West....
N Y Ont & West...
Pennsylvania
Readlm?
Kouth Rwya
Indon, N. Y.
close, equtv.
Ol ?. SHI
not. in V,
T3 TUi -
101 lOH. - U
44 431i - J,
BU S - l
2flli 224, - ,
SflL 351, 4
UOii 1071.
1014 101,
OlVj SS - 14
103 101! - J
544, 105 - ;;
7814 148(2 -
in s
ssii
12315
00., smoked, 1212ijc. : bellies. In pickle, ac
cording to average, loose, 13isst14c; break
fast baron, an to brand and average, city
cuied, lTfflSc.; do.. Western cure.l, itwim.i
lsrd, Western, ruOned, tierces, lUfUUc: do,,
tlo.. tubs. tltfllUc; do., pure city, kettle
irndered, In tierces, IliiTlt'lc: do., pure city,
kettle rendered. In tubs, lltfUUc,
REFINED SUGARS
'Hie markot quiet at unchanged prices. Re
finers' list prices: standard granulated, Bt
.1.111c: line granulated, l.0.185,tTc; powdered,
6.iiu,l.lSc.- cuniiclloners' A, 4.851H..1c; sott
grnJes, l.lOai.SOc.
DAIRY PRODUCTS
Ilt'TTKII. The market wus quiet, with
iwitpte oucringa ill the late decline, wuuui
tlons: Western, fresh, solid-packed, creamery,
fancy specluls. 34c: extra, Hl!c.: extrn Or'ts.
31c: ilrsls, 30c. : seconds, 27sJ2Sc. ; loille
packed, 2Hi2.1c , as to quality; nearby prints,
fam'y, 3.1c; do., average extra, ,'llc; do.,
firsts, 31H32r. : do., seconds, 28720c. Special
brands of prints Jobbing at 4042c.
i:l(iS. The market was 1.1c. per case
higher, with a better demand, supplies weie
icll cleaned up. Quotations, In free cases:
Neiuby, extras, 30e. per doz.: nearby, firsts,
M0.2U por sinndard cuse; nearby curient re
ceipt. $ 11.00 per case.; Western, extra flrsts,
$10.20 per ca,e; do., tlrsts, JU.IH) per caaa:
Southern, $.I,0VII.IK) per case. Fancy selected
candled fresh eggs were Jobbed out at .'ISIHOc.
per doz.
C1I1SFSK. Offerings moderate nnd values
firmly held, ulth demand fair. Quotations:
.New York, full-cream, earlier receipts, choice,
inc.; do, do., cuirent make, choice. 15c; do.,
do,, fair to good, llSHVi; do., part skims,
81fl3c.
POULTRY
I.IVK. The market quiet, with moderate
but ample offerings at former rates. Quota
tions: Fowlj. 1315c. ; old roosters. lOUlO'.&c;
young chickens, according to quality, 125(14c. ;
turkeys, 12tflCc.; ducks. 15fflilc: geese. 13
15c; guineas, young, weighing 2 lbs. and over
nulece. ner n!r. ROe tt'olchlnir 11ffllA lbs,
apleco, per pair, 4045c. ; old, per pair, 304f
4uc. ; pigeons, per pair, 1.1W18C
DRKSSKI) POULTRY. Demand fair for
fine deslrablo-slzed slock nnd tho market
firm under light offerings. Quotations:
Fresh killed turkeys, dry-picked and
diy-packed Fancy, nearby. 2ltf22c; do.,
Western. 21i fnlr In nn.1. IRWJOr old
1 toms. lUc. ; roivls. 12 to box, dry-picked and
I drv-nncked selected heavy, loci weighing
I 4HtI5 lbs. apiece, IRe. ; do. 404H lbs. apiece.
I l'V4c.: Co. 3Hai lbs. anleco. lBOlTc: do 3
I lbs. and under, 12nri3c. : fowls, bbls.. dry
rjlcked and dir-tiarUefl Western. ilrv-Dlcked.
4jB3 lbs. apiece, 17c; do., do., 4 lbs.. 16c:
no., uo . ;. lbs., 11c; do., no., ;i io. ana
under, l2K,l.:r.; old roosters, dry-picked. l:tc;
broiling chickens Near-bv, fMf2 lbs. apiece,
20i22c. : do., fair to good, Wi18c.; Wealern,
li,if72 lbs. apiece, 20c; do., fair to good,
Hit lPc. ; chljkcns. dry-picked and dry-packed.
In boxes Milk-fed, 31 to 30 lbs. to dox., 17c. ;
mtlk-fod. 37 10 42 lbs. tn doz., 17c: milk-fed,
41 10 17 lbs. to dox.. 17c: milk-fed, 48 lbs.
to doz.. 18c, milk-fed. 00 lbs, and over, 10c;
corn-fed, 31 to 42 lbs. to doz.. l.Vdl.lc. : corn
fed, 43 to 47 lbs. 10 doz., 10c: corn-fed. 48
lbs, to doz., 17c; corn-fed, 00 lbs. nnd over,
Hc; chickens, dry-picked and dry-packed. In
bbls. Selected heavy, 18c; Western, corn-fed.
6 lbs. and over. 17c; Western, corn-fed. 4 lbs.,
lfWlOVzo.; Weslern. corn-fed, 314 lbs., l.Vic;
Western com-fed. 2W3 lbs.. 14S16c: ducks.
extra, 10ST17c; do., ordinary to good, 12ifflBc.;
geese, near-by. 1214c; do.. Western. lOHlSc:
squabs, per dozen White, neighing It to 12
!t,s. per dor... J4.40W.1: white, weighing 0 to
10 its. per dos . 3.ftKN,0: white, neighing
8 lbs. ber doz.. j3JJ3.:iO: do., do., i lbs. per
doz.. I2.50S2.SO; do., do., OSOU, lbs. ner doz..
115002.10; dark and No. 2, C0c.iaSl.2S.
FRESH FRUITS
Trade quiet and prices showed little change.
Quotations. Apples. New York, per bbl.
King, J2'd2.75; Greening, t2i(3.; York Im
perial, I2M2.75: Hen Davis, 1.502.23; Spy,
ll.762.50: Baldwin, 1.752.50; other good
eating varieties, $1.75W2.50; medium. tlJfl.BO;
apples, Western, per box, T5c.l.50; apples,
Delawaro and l'ennsylvanU, per hamper,
BOfliKK-.; lemons, per box, 22.60: oranges,
Floilda, per box. 1.50B2.r0: tangerines,
Florldn. per strap, 2iif3: grapefruit, Florida,
per box. JIM: pineapples, per crate Porto
Rico. tl.S5if3.S3: Florida, JIiB2: cranberries,
fancy late varieties, per bbl., t3.S04M.6Q: cran
berries, Capo Cod, early black, per bbl., 2o
3; cranberries. Cape Cod, early black, per
qt.. 358B0C.
in, -r 'i
R3!i - ,
1108 S
8lt5
flouth Pacific
Union Paclfle .
U S Steel
Consols, wn.
Money, 1 per cent.
Discount rate short bills, l!fr2; three
month bills, 3 per cent.
Increase. Decrease.
HEAVY DECEMBER EXPORTS
Government Figures Show Excess of
$131,864,057.
WASHINGTON, Jan. 10. Figures made pub
llo bv the Department of Commerce show that
the December. 1014, Imports totaled 114,402.
070 against 112e.407.0U2 In November. J13S.0S0,-
nlZi' . n.t.v ttqUTinun In H.nlimlip and
f I I'll 767,800 In August and $00,622,001 less
than tn December lest year.
IKcember exports totaled t24,20.04T.
against F.-IS.878.3S3 In November, 1104,711,170
In October. tl5B.052.333 In September and
1110 807.404 In August, exceeding by 113,070,
410 the tial In December, 1013, and falling
only 4,Ol,I50 short of the high record made
llrr?stCexceM' of exports over Imports for ths
month was 1131, 803,077. compared with t70,
411 271 in November. $53,630,050 In October.
11(1 341, 722 In September and an Import bal
inca of $10,400,400 In August. Of the Decem
ber Imports 60.5 per cent, entered free- of duty,
against iH pr cent. In December. 1013. and
58.4 per cent! In December, 1012. Comparing
Si trade movements In ths calendar year 1014
with those of 1013. Imports show a total of
tl.TW.v22.420l against tl.T82,60M80 last year,
and exports, $2,lH.25T.t09. agaln.t $S,4S4,01S,-
2Iamp'o',rtsyo'f,'' gold In December last totaled
tt.mioil. "gainst i5.OT3.BSJ In Dm''.
ind In the calendsr jyear 1014, $5T,S87.T4l,
Igalnu $fa.T04,832 In th. preceding year.
flold exports In December aggregated $180.
024 azalnst $10,572,603 In December, 11)13. and
In ih. cauridar -..r IM4 $222,616,156, against
$0t,T0S,610 In the pteccdlnit year.
RECEIVER FOR RUMLEY CO.
Suit Filed In Federal Court ftt In
dUnapollp, INDIAfAPOU8. Jan, 19,-Sult for a
receiver for the Burnley Company has
been filed In the Federal Court here.
President Funk, of Chicago, and attorney
for tha SI. Jiumely Company came here
to present the papers In the case to the
court, . . .,
The M. Rumley Company increased Its
authorized common stock from, tlJ,00O,0Q0
to $22,000,000 In 1913, and now haa outstand
ing; Jll.90S.SOO, having issued $1,000,000 on
March 16. 19H. Tin entire authorized
T per cent, preferred stock of $10,000,000
Is out. It has a $10,000,000 6 per cent, a
year convertible gold note Issue floated
March 1. W", of which $700,000 were ex
tended last year for three years from
date of maturity.
BAB SII.VEB
Th. Prte for bar silver la London was
2a 15-18 pane, per ounce, unchanged New
York eommwclal was 4 ctnts per bub., ua
coanged frens yesterdays price.
rrate, T8e.Otl.B0i cranberries, Jersey, per
crate, 75c.Jfll.23; Pears, New York, Kletfer.
per bbl., $102; strawberries, Florida, per
VEGETABLES
The market steady on choice stock ot most
descriptions, but demand only moderate. Quo
tations: White potatoes, per bushel Pennsyl
vania, 63fi03c. : Now York, as to quality, 4fvB
62c. ; white potatoes, Jersey, per basket, 35&
40c; sweet potatoes, Delaware, per hamper,
largo tl1.23; medium, BOOUk:. ; sweet pota
toes, Eastern Shore, per barrel, No, 1, $28
2.7B; No. 2, $l.BOi1.73; sweets, Jersey, pet
barrel. No. 1, 3.2J:i.BO; No.2. $2S&2.60;
sweets, Jersey, per basket, OSOWc. ; onions,
choice, per bushel, 80c; do., ordinary, per
bushel. 70tf76c: do., choice, per 100-pound bag,
$1.5001.00; do., medium, ner 100-pound bsg,
$1.25; do., seconds, per 100-pound bag, tl:
cabbage. Danish, per ton, $12IB; cauliflower.
New York, per crate, TSctJtl.SS; spinach. Nor
folk, per barrel. $19-1.23: kale. Norfolk, per
barrel, COSTSc. ; lettuce. Florida, per basket.
$1.5003: beans, Florida, per basket. tl.COM.BOj
peas Florida, per basket. $2-fO4, eggplant.
Florida, per box. $1.6032.50; cucumber;, Flor
ida, per basket. U.T553.50; squash, Florida,
per ba.ket $l.30fj2; peppers. Florida, per car
rier. $24f-'.B0: tomatoes, Florida, per carrier,
fancy. $2.0003.60; choice, $11.60; celery,. New
York, per bunch. 35fJ50o. ; muafcrooms, per 4
pound basket, $1S'1,40.
DISCUSS DANK BALANCES
Federal Reserve Advisory Committee
Meeting.
WASHINGTON, Jan. 10. The full member
ship of tha Advisory Committee of the Federal
Reserve Board met today to consider recom
mendations mad. by tha Executive Commute,
concerning bank balances, clearances and ac
ceptances. The admission of State banks to
tho regional reserve system was also taken up
In order that a clear concensus of opinion of
nnanclal Interests generally could he obtained.
This Question will also be- aubmltted to tho
governors of reserve banks, who will meet
Tn session here tomorrow.
The suggestion that the Advisory Committee
would consider the question ot rrdhKountlng;
by Federal reserve banks paper given to prl
vita concerns for .uppllcs for European armies,
on tbe ground that In redlacountlng this paper
& breach of neutrality might b committed,
was treated with a smile. A member of the
board declared such paper, when offered to a
reserve lank, was th. property ot a cltU.n of
th. United States and not tn any sens, a direct
dealing between the reserve banks and a for
eign country It was not expected, It was said,
that much paper of th. kind would b. offered.
COTTON TBADINO ACTIVE
NH1V YOllK, Jan, 19. Trading In cotton
was active both on and after the call this
morning. Opening prices were 4 to 10 points
up, ths official tone being gtvtn as "barely
steady." Offerings wer. freer, spot houses
selling and som Southern hedge sales also
mad. their appearance. Wall street Interests
were buyers. Alter in. ran tn. ion. 01 tn.
ruarkat improved slightly and prices at th.
end of ten minutes were from 5 to T points
above last night's finals. Some notices for de
livery of a.w style. January contract cotton
were sent out. Prices were lower around
midday.
Yes. close. Open. 11 a.m. lp.m. 2 p.m.
January .
March . .
May
July,
October . .
Tj.cemb.r
GOULD HOLDINGS IN "MOP"
LESS THAN 241 SHARES
Company Will Bo Reorganized at An
ntial Meeting.
ST. LOUIS, Jan. 19. It wag ascettaltlea
here today nt the office of the' Missouri
Pacific Itrtllroad Company that Uie entire'
holdings of the Gould family In ttie Ml'
sourl Paclfle Hallroad are today less than
241 shares.
The result will bo that an enllro reor
ganization of the company will take place
March 9 nt the annual stockholders' meet
Injr, Tho pro' committee being organ
ized by tlio bortdholilfrn will In ft few
days ask for pioxles from shareholders,
FINANCIAL BRIEFS
The rteailinrf anthracite collieries, as
well aa those of the Susquehanna Coal
Company, will only operate three days
this week.
Lancaster ami Qitarryvllle Railroad,
stockholdei-a voted In fiiv'or of the ac
quisition of that line by the Pennsyl
vania rtallroad,
0. W. llelme stock sold prlvaleljf In
Philadelphia at 168. The last previous
quotnllon on the ExchatiKC was 1C9.
George S. Fox & Sons remove today to
their new ofTlces In the Commercial Trust
tiulUllllK.
Tho American rtallwnya Company re
ported nn Increase of $5$2t In December
gross earning. From July 1 there was a
decrease of $C06S.
Y. H. ClItiRcrman lias been elected
president of the II. C. Frlck Coke Com
pany, In placo of the late Clay F. Lynch,
Clay M. Lynch has been elected vice
president and general superintendent.
Mr. Cllngerm.in was general superintend
ent of the II. C. Frlclc Coke Company.
Gold bnrs to the amount of $675,000 ar
rived In Snn Francisco from Shanghai.
After coinage the proceeds will be sent
to New York, probably for London Ex
change. The American Hide and Leather report
for tho quarter ended December II
showed net earnings Increased 1337.5S7.
For the six months net earnings increased
$294,153.
John Grlbbcl was elected a director f
the Alliance Insurance Company, suc
ceeding Theodore Armstrong, deceased.
United Light and Railways Company
has sold Jl.r.00,000 6 per cent, secured
notes, ilatexl January 1, 1915, and matur
ing ?7o0,000 on January 1, WIS, nnd $760,
000 on January 1. 190. The proceeds of
aalo will be used to complete payment
on properties acquired and reimburse the
treasury for Improvements. The notes
are being offered for subscription on a
basis to yield 6.75 per cent.
8.30 8.41
8.00 8.80
8.811 s.es
O.od fl.12
o.zs ..n
8.43 8.47
S.M 8.S3 8.83
O.CB 0,01 8.S
8.28 9.M 0.24
8.40
DIREOTOrtX OF ACCOUNTANTS
WANT R. B. PROPERTY SOLD
Central Trust Company of New York
Seeks Foreclosure of Mortgage.-
INDIANAPOLIS, Jnn. 19. Sale of the
Pore Marquette rtallroad Company's
property by court order Is asked In a suit
filed In tho Cnltcil States court here by
attorneys for the Central Trust Company,
of New York, trustee under a mortgage
obtaining a refunding bond Issue for J14,
7S9.000. Foreclosure of the mortgage Is
asked.
It Is set out In the complaint that the
company, which Is In receivers' hands,
has defaulted payment ot Interest on the
bonds obtained by the mortgage for the
last three years. The action la an amend
ed and supplemental bill to that filed In
July, In which the compnny sought to
collect Interest on the bonds. Ancillary
proceedings will be begun 111 Michigan,
Ohio, Illinois and Wisconsin.
ANN CAL .MEETINGS
nSS FKANKMN NATIONAL I1ANK,
- Broad ami Chestnut Streets.
Philadelphia, January 18, 1010.
At tho ANNtwr, EI.nCTION, held on the
13th Instant, the followlnc stockholders were
elected Directors of this Bank to aerve for
tho ensulnir vtar, viz.: ....
Samuel T. no line . J. Andrews Harris. Jr.
Thomas UeWItt Cuyler John Hampton Barnes
aeorice H. Frasler Mcirls L. Clothier
Bdward B. Smith C. S. W. Packard
Ilenry Tatnall Charlton Yarnall
j JWtherfor.1 Mc- W W. Atterbury
tnuto, Kderar C. Felton
Kredertck u. a..y
Itobert C Dravtnn
i..,An.rl,nm 11. Morris ttu.ltilnh T--I1IH
l'crcy C. Madeira Edward F. Deals
Ellis Pusey Pnssmore
At a meeting nf the Directors, held this
day, Mr J. II. McAllister was unanimous!
re-elected President, and Messrs. J. A. Harris,
Jr., and B, I. Passmore, Vice Presidents.
P. PA&SMOH.E.
caahler.
BANK OF'
THE GlKAItl) NATIONAL
I'lIILADia.l'HIA.
January 10, 1015.
At the annual meeting of the Stockholders,
held on tho 1.1th Instant, the following stock
holders were elected Directors to serve durlnr
the erimilntr year:
ueorice jicraaden
Francis II. Reeves, Jr.
Wm. W. Frailer, Jr.
Ueorsre D. Rosengartea
Jossph Wayne, Jr.
nooip
Francla 11. fleevea
Daniel Bauah
Oeorge B. Hanoi
Tlodmnn IS. Urlscom
J. Mauran Ilhoilea
Vv. Frederick flnvder l?van (Randolnh
iiooeri loiaiiu Aiorns iu jjocjciua
Wtn. Ncwbold Ely Arthur V. Morton
Morris 1.. Clothier William Jay Turner
John drlbbel
At a meetlne of the Directors held this day,
Francis Ii, Reeves was unanimously re-elected
Chairman, and tho following officers un
nanlmously re-elected,
Joseph Wayne. Jr.. President.
Evan Ttandolph, Vice President.
Theo. K. Wledersheim, Vice President.
ClIAfl. M. A8HTON. Cashier.
KNN NATIONAL HANK
Philadelphia. -Tanttkpv in mi.
At the annual election of this Bank, held on
the 12th Instant, the following- gentlemen were
eieci-o wii'kiui.
Samuel S. Sharp
wmtnrop smiin
Robert C. I.lpplncott
jrthn F. Stoer
AbramC, Mptt
Ralph II. North
(Irellet Collins
Kvan 0. Chandle
Raymond W. Tunnel!
Melville O. Baker
At a meetlna ot the Directors, held this day.
Mr. SAMUEL B. SHARP was unanimously re
elected ITestdent and Mr, MKLYILLQ O,
BAKKIt. Vice I-resldent.
t..BakerCashler.
JfORTIMVESTEUN NATIONAL liANlT
Philadelphia, Fa., January 10, 1615.
At a meeting of tha Directors held this
day ths following officers were unanimously
re-elected!
Mw. A. Schmidt, President.
Otto C. Wolf. Vice-president.
Llnford C. Nice, Cashier,
James Moore, Asst. Cashier,
Ruby It. Vale. Solicitor,
Frank H. Massey, Notary.
L1NFORD C. NICE,
Cashier
att TUB ANNUAL SIEETINO OV Till
U-7 stockholders of tho Delaware Insur
ance Company nf Philadelphia will be held
at the oIBce of the Company. TlH-UT-tld
Chestnut street, on Monday, January 2Btb,
1915, at 13 o'clock noon. Seven directors
will be electsd. Polls will close at 3 p. ,
J03SP1I C. BOZORTIf. Bscrelary.
FsbUs Accountants
BURNS 8PEAKMAK
Tha Soursa.
JtadlU. lOMatUatloM. riaancUl Btatemuta,
6 Short Term Notes
at prices
Between 97'4 anr4 IGQtt
Five StrotiB Public Utility
Notes maturing in from six to
forty months, backed by abun
dant property value and earn
ing from seven to twenty-eight
times their interest charges are
among our current offerings.
Circular 151 with details
will be sent on rtquftt,
WilliaraP.Bonbrigut&Wac.
MORRIS W. STROUD, J',
Manager
43T CH13STNUT STIlliUT
VblUdelphU
New lsjrk Uostoa Detroit
Londaac Wlllliru P. Bonbrith'. Co.
! , ,
.t