r-i7irr ,
7-OT-- -v( -vtQ&ffy& iHWfr .
EVENING IiEDGBBPHILADBLPHIA, SATURDAY, DECEMBER 4, 1915;
j f
Aww ""-syr? '
FINANCIAL -NEWS
uTOCK MARKET CONTINUED QUIET;
GENERAL MOTORS UP 22 1-2 POINTS
Operations Were Generally for Evening-Up Purposes.
Firmness of United States Steel Common Encour
agingSyndicate Buying in Anaconda
NEW YOHK, Dec. 4.
wna vcrj. Httlo lo discuss In llio onorattons on the Stock Exchange In
hort session today. The same conditions which have been rulltip; on the
i. non for the last week u very inactive, iiuii mnrun were in enect touay.
I'jSlti""""
.1.. r mi m-onlnc-itn character, and no one soomeil In wnnl In
n...tn! was niuaii -. - -
c commitments, the altitude still IicIhk a waltliiB one for some develop
lnCrfSthc really important factor IipIiik the President's message. Activity,
TV little there was, was mostly In the war specialties. Very little was done
iti the railroad shares.
Good luiylni; appeared lato In the day, and everything on the list took
in the advance. The war specialties were the most prominent, and the
V ature of this group was Oenernl Motors, showing a gain of 22V4 points as
mpnred with the close of yesterday. The supply of stocks at. the present
fvel appeared to be small, and, while the public buying was light, there was
ild to be some accumulation by large Interests.
"' The firmness of United States Steel common, which lias been boldltiR pretty
., aj 0o price for some time past, was a very encouraging factor In the
market today- The Street as a whole feels very favorable toward Steel and
talk on It Is very good. In fact, Steel Is really the strong spot In the market,
that Is. among "'e standard Issues. The Street seems to regard as a foregone
(inclusion that the next statement of unfilled tonnage will make a very good
'wine nnd that the earnings for the current quarter will also be good, this
MnK basoA on the fact that the demand for steel products Is heavy, with
Mffhef prices rllllllg, llllis insulins 11 nuuu ihuiil iu uiu uurpuriiuun.
' Vlrmnoss was shown In the copper group. On the break to lower levels
during iho last week the coppers were as weak as anything else. This was
mrllcularly trle or Anncouiia. i ins hwck was in excellent supply, and tlicro
a rather poor demand. Around 85 the market stiffened perceptibly, nnd
nnlc who are more or less In the confidence of the Interests behind the market
Hid that syndicate buying was going on In Anaconda. There Is no doubt
hat the pool got rid or a cunsKienime amount oi .the stock around 00, and
his being the case, inc prcm-iu ici-. mum. iuKu,uiy ne me approximate point
rhere the stock should negtn to ne initen in again; mat is, assuming that the
Urltct Is not yet over, V Ithlti a week or so quite a number of copper dividends
tKlll have to be acted upon, and It would not be surprising If this time should
e made the objective or anotner demonstration on tno Dull side In the coppers.
. . 1 .ll..Mll...t l -.. .-.
(rhfi Street expects an cxim uiauiuuuun un utnn copper ana an Increase.
"mt the Anaconda rate from $4 to $0 Inter.
York Stock Sales
u,-, koat close. ItKth. tw. Clo-o.
Ali? ?"' 120 12" 12 122
it..i.. ,. u
nina inn m 01 -..
Ams-ChAlmcn Sli'.'.'.'. .Ti 11
AIIK-Chalm Mf pr. . . . 82J5 8.1
Am Ileot Sujat 71 711$
UUJr::-; or, oi'i
Am cat & Foundry. . . SO'I W
Am Hide. I.o.ithJr. .. wt ll'j
Am Unwed "'jij at
Am Unseed pf ,. 404 .jit.
Am iwamotivo not J Tn'ii
!U if"10" pr....lo-."i inj'j iait loili
? "V 10JS ll'i 10.'. nu
2lW
ma
82
ni
"III,
152
nu
2iU
41U
no.U
?5U
31
82U
71U
01 H
82
153)4
11U
2.IU
0i
Am Smelt ,t tlof
Am Smelters pf A..
Am steel Fnundrjrj.
Am sucar.ltct pf ..
Am Tel &Tci
Am Tobacco
Am Woolen tr r
Anaconda Copper. .
AtehT&SK
Ateh T A S K pf. .
HaliWin l.oco
llaltlmore . Ohio..
Itotopllai Mining...
Ilelhlehem Steel
Hrooklrn IiapTr...
Ifutto A Superior...,
Cat Petroleum
Cal Petroleum pf. . . .
I3! O'JJI ()8' mm
w) no 00 no
mu ran r,2 ran
lis inn 117 117
.l'2 128U 12H4 12SU
.Sifi 21!) 217 21(1
. o0'5 ()' V)'j 50!
SOU ?' 80' ,S0'
.100 inr,!i 100 100U
.10151 IOI14 101U 101'i
112 115 110S 114?(
. U.l'i U.i'i
FOREIGN EXCHANGE
fite'llnr Todny. Clone,
f'ntilf 4.711, 4,7t
llemnncl ,'0 4.7074
franc
t'nblen 8,4Vi B.SS
Demnml 8.M1S 8.SS
Mnrk
'""'If 7B?J, :
Ilemnnil 78?i 7U
FLURRY IN WHEAT;
SHORTS ON THE RUN
2U 2!i
.475 470
l)0t$ IIOSj
72 i
20! i
5(1
71f
25!;
55' i
U3 mn
2i 2!i
405 470
!I0H mn
714 72H
:0 20 3
50 50
ranadlan Parlllc 1HJU 1N2! 1S2' 1S21
Case J I Co pf 00 811 Ml 'J
tent leather Co 00',
Cent Leather Co pf. . . 1 10
0OU 1.0' (
1104 ltllli
MU 1-2 J
15! j 15H
30 S!)
!WU o;i
17
10? i
25'
5IU
51 '1
NEW YOKK HANK STATEMENT
harp Reduction in Average Loans.
Actual Figures Showed Increase
fSKW YOItlC. Dec. I. A decrease ot
Ure than JJ.COO.COO In a vera Re lonns wns
lot followed In the actual figures of the
'ew York weekly bnnk statement, a gain
f l,62l,OCO being shown.
Reserve ligures also showed dlscrcpan-
let the average being a half million lli
rea'se, whereas the actual was n deelcase
f (,107,3lO. Deposits decreased In both
ectlona ot the statement. Details foi-
Clearlns House members, average:
,oans, decrease $.".,37S,0CO; deposits, de
fease ?I.Cti,000; time deposits, decrease
EjS.000; reserves, Increase f.14,lf.O.
Clearlns House members, actual: Loans,
licrcaso J4.C2I.CO0; deposits, decrease $1,-
i,0OO; time deposits, decrease ?.!i3,(w);
serves, dccrenno 51,11)7,310.
New York Bond Sales
1..KI Anglo ! I, :,f
i'!.(H.(l Aincr Smelt i-ec Us.
ICUl Aincr Tel est IUs.
..mm Arinour fn 4t..i. ...
ir,ni At1l1ln.11 Km 4m
41.00 ,Iu ,,!,
.1.MNI.I du u.lj U
."I" (I Unit .V tlhln ,i'.s...
. -n ill. la
IMWiitl 1I0 rv 4.,
Hun It&o ; w v
I'OOO I'ctli Strel lt r,.i...
4MU (in till .".
"ii nroik ltiip Tr
lilKli.
:iVih
.1117
. ttti
. Ul'i
.1111!
h7j
. 11.1
. Ill'i
1H.T.
Low. Clo-'.
BIG GAIN IN CLEARINGS
business of Country's Banks G0.3 Per
Cent. Larger
Bank clearliiKH showed another sharp
In durltiff tlic Inst week, amounting to
3 por rent., all cities showing gains.
he total clearings for the week were
1.ra,7?3,U,!l, against $:! Oyi,370,41S In the
ime week Inst year. Details follow:
mi:.. 1111 1. P.c.
Turk. . .4S.isiu.CMri. tto ?l..'l".VU0.tS7 07.7
tffltaton ,
p!!adelp!i!a.,
hltlmore . .
tlcaio
L Louis . .
Orleans
171.IU'.W!I
'JOIS.XU.KO
4I,4SI,'.III
:ilS,0S'l,."il
si.iiii.r.7
,111.1,4.11
K'l..s:i7.is2
i::k,hiii,(iiii
:i,:i'.i.-,,'i;:i
SS.1,72:i,ll7U
70.7111.1111
iO,,.,:ili,772
ten cllles.
S 4l .$.l,4i;il,lOST20?l,!WO,7l4,20ll
iwr eitin.
& days . . . . usii,(ilS,liiS .'01.7IM, (118
kil all cu
lts, 3 1ljj.?4,lM.S.1O,7SS?'.',r.!l...70S..S-
t cities, 1
car 77!i.iifj.:ilt 4si,nui,soi
40.
4S1I
20.11
11. a
15.0
:is.y
7:1.0
1.1.2
co.i
00.0
llKIJI lirm.k l-ii Klv "lit
; do Kn lt .Is... .
u-C J."' ':P1"er int .is.,
S;i Cent I'uo lt 4
111 11 c-rnt It it N .1 ,1a.. .
VSI! i:!"" ('""-r 7s
glJirassOw??:
Is
..1H2IJ
..101
11IIN.1I l,i
ini'(
11 oi, ,
11 OS
IHH!,
111!
IBlHJ
Hit
!.7'
ll.'l'.i
107
!IL'"
ll'
l'U'.j
-,
Ill's
l.(li,
"7-(,
l'B'.i
11)11,
HO'.,
Kill',
10(11,
K (;
li'
Mil
1.1.17.
'1H
111
111
1U7
US'.
114 ,
IUP3
s7'-
l's
ni .;
mi'..
,.7!,
lirjij
llilit
I1111.
lflui,
1IKI1,
ll"-
111!
1.1..;.
S7l
4I!
4
i;
lll'J
25'i
5.TJ
4'.)!,
ll."iU
14.1'i
lS'f
N)'j
72!
111
!)()!
2.10
27
112
Wi
18).
l.'IJi
5S!i
50
C0i
110),
C'llf
loii
30
05Jj
IMJt
17,i
10'i
54U
51! i
ll.Vt
l-i:i Ja
1M1
Ml) 3
74
111
00) j
2:10
27
112
47
2S!.
44
58)
50
175'i 175'i
402'$
llli'i
71!i
125).
48 'i
-ll'i
78
6'l
22'.'
"!)!i
45
187
iWi'i
)0
125'S
4J'l
ll!i
78
00
22)t
80
45
iso
07
:ti'
250
12ij 12l)!5 120!-j
M
oOJj
S2'i
-:u
no
hPi
-t
n iA tj oim r. '": iiJ 'Hi
iiil SSFS g B
aa :i!ijMi.IHcvi.,.,'?:I!.,I: SU !!!
K VKS,.e,V1i:::::,S! 'iii: '
-oi5Ss;iis8;r?li-Si:3!i
sssifeii.r:.3" i! fat jft!',s
-. r,,c, l".
HI all clt-
:iIoreck.$l,ti;iii,TIi.1,l'.'!l ).'II(1S0,SU,I18 C0.1
NEW YORK CUIUJ
aden Conner . . .
liUh-Amcr 'liuae
uun-Amer Tob.ic
r L.ient
UatM L'oniolidateil
old.,
new.
Hid
HI
U
117.
,'.-j
nam jug
cnuiloiul M.iilne
PI.I .
Hi
1 11.10
Wenutloiul Marin
:Qnecou Conner
Uth Vallry coal Sales
ircoai
rma coirer , . .
il ,., , ,,
Dlulnir .
11 Mevator ;
!i Elevator ptd
sua Mar Ord
kcr-llescnun
Hlta Uum
wmarlne-
oacco 1'roJuctB
iltCd Proat Khnrln nuw
M Film .?.............
oq UOW
171;,
l.ll
.ll'i-
Ml
71
If."
mi
r:!
&
in
1
Asked
Hi'.
1.1'.
l.Vi
H
1'i
an
l7',i
i'.j
.S2
1
IS'.
7.17
B7i.
HI
irj
r.'i
4?N
3.1
&
GOVERN JIENT BONDS
lot 1U10 reslstcred
0( lKU (om.nn
iaama J icgl.tirnl '.'.'.
IMma , mm reKlatercd...
Inama new tu n..nn..
101 l!l:!3 r..l.....i
I" IVli C0UK1H.. '..'.'.,','.
llld.A.ked.
.. nu',. ..
. . till
..lis
.. us us
. .Hil'i ..
..lOlli, ..
..lOt'l ..
..lOil'i
..UU-Tn
110!',
BAR SILVER
usnnv n .....
U.iiiSi..' 'uar auver was quoted at
Ik Ollnlul.'n- - .. . . .....
li!I,,n.r ' commercial par auver
I """on allver was quoted at liO 11-1(11.
10(0 Inlprl. T.' ,i'
17.V0H Interl. It T ref .is"" iVn'
..0(10 Inlrnl si !,,... ..... ...7
l.uin t. n ....n,. 11 .wi ,-.j
'"'"" "l IIP1V I, M 4i(,s ..
?ono , new Wm ....
WW) Kan fliy So 1st n"
'""' Ji?" City Ter ,t I, .
..(mo Ijiciiii Ktpid ,i3 insn.
270(10 do r.s m.v) ......
200(1 l.ic shore deb 4s lies
SHOO do del. 4 lail ..
moil I.chh-li V11I 4 lis . ....
.II'OO l.lB & M T .Is
1000 do 7a
-iiiKI Uirlllnrd ,1s ......
7(100 Manhattan 4s
.1" K) Mini State Tl ,1s .
2000 Mich Cent .Ii ....
.'!(i(l Mo Kan & T let Is.
Him .Mo Kan . T Sil 4s.. .IS
HKO M K & T 1X.B. ... Jll
llXKI Mo 1-nc 4s ......." 4.-14
.1IKIO Mo I'm cv .Is 4I11L
1000 Mo I'm- Us 10111!
I0.HKI Mont I'nwrr .Is n.1
ilKX) N V C 1. H rt :i'f.s. ... Ml
noun x v c a ii :i(5s.... mil
4ii .v v r & Hud 4h.... n-.'ii
2(Klll N Y (' Ic Ilu.l 4lis.... !ll-i
(inoo .V Y City :i'.2s Nov Ml SMl
innoil N Y City 4s 1IWI.... llSl.i
r.000 v Y t'lti- 4i'. iiiiji. ..lnin:
l'HHMi N Y City His 11)0.1 I11111J
11
si"
70l
no
mn.
us
1014
niv
l4
.loo-ii
.inn;
. r.'ii
.loin;
. ns
. tin
71J0OO .V Y Cent lis
4IUK) X Y (las It ft V 4s.. K.llJ
:two n- y n 11 it cv nu.s. :
100HO N Y N II H II lis..."..
lllil() .V Y Itwy rcf 4s
MHK) X Y Itwy adl ,1s
11000 N Y Tel Ken 4'is
rjK) Norf West 4...
cn.100 Nor I'ne prior 4s. .
ROO11 Nor I"iip Ken .'is..
limn fnclllc Tel .Is
MKio i'.i Is inis
i:0.MI ,lo een ct 41 .s. . .
loon I'a 4'is 11121
1000 Public Scrv N J 5s
ir.00 ltuy .'on Cop lis...
4IMUI llendlne cell 4s...
r.ono Home W 1Mb cv Ss.iniH
iHKKl Hen Ir .t: H .'. 7
soon Itork Inland 4s S.l'i
4000 Hock Inland rM 4s I17H
IImui itwy sti rnrKs ..s 11..11. i'4
.111
11.1' 4
T4'
.11
lisn
lil'i
. ... n.11.
.... nil!,'
too
IIW'!,
. ...10l
::::,??V1
"llllll'""""" miiliillHiiliiiliiliililiiiiiirg
ICE J&rejs
'iiiiiiiiiiHHiiMiiiiiiiiiiiiHHiiiiiniiHiiiiiininiiifi
Guaranteed
Puncture-Proof
yet Pneumatic. Invalu
le for touring and
general road service,
lire troubles suddenly
ase when you use IEE
Tires. They yield
amazing mileage and
are real non-skids
Hip Booklet p. nji
Lee Tire Sales Co.
Broad St.
I "g O,
I ' Vuiin1T A.
ssr,'l
rs
jiiiiiiiimi!
lljJlllllJlililllllllllllllllllimiJHH
4OO00 St I. : S K fd ct Bt.1.. nsi
Jiuu, ur I, X- H V rM 4s.... ,:!
WOO S I. & S V gen ct t 4s ."Klji
r.,0 do ct 4s ..il!
"(HMI Snokiine .is in
M0(i Seatioard A I. adj 5s.
1lai Seaboard A I. rfd 4s.
rOiil Kouih Hell .Is
tOOO South 1'hc 4a
ftrinui South I'no rv 4s
IKNOn do cv ret f ! 1IKWJ
liuHl South I'e.e rM 4s UOU
loiio South Vac Term .Isi. Riy.
27iV) So llivv gen 4s ...
inioii South Itwy con 5s.
Ifmo Texm. Co fa
S01V) Tol I'en A- W 4 . . .
JUISI I' S ltuhher lis ...
'.'IYHI l' K .Steel ,1s
4Wl"0 t' H Uov " rex
tmmn rnlnn Pac Int 4...
IOjhi I'nlnn I.ie rfd 4s .
2iiooo Vn Car Chm 1st Bs. . OMj
:iimi un us jo.
Si-'
i .'.it;
7.i;
0074
RT
Wiv,
.. 1 1.
..10.1
.. 57li
..lull!
..101
. . Il'4
ii".
mm
71",
71'
7(1
707;
I'D
S2'i
I'S
mij
iii
ivih
lmni
Kll'5
12(1
lots;
lil'i
ii'i
HCIJ
7SJ
r,s
4l!
4.1'4
4I1'J
1IMII..
l
Ml
Mil
IC'i
11114
mi;
!is
11)11
2fi'-'
i.
11.1
74
.11
IIS14
Iti'?
m
cilH
unit
100
in. ni
im.
i)'.i
127
11.1
111
07
RI
iT'i
11.1' 1
HSiJ
7a
KII4
,111'i
10
ISI'i
7:ii
tui'i
R7
mii;
Iflll'i
fO'i
s.n:
mi
10'-'?
mi
.17' i
iniu
101'i
IHIU,
Kll.j
1021,
711
74i;
N2
71171
sm
M'i
lis
iti'j
ni,
m
1001
imij
12ll
ni'i
i in
in:"5
sr
411
45l-i
4li'i
Jll.li,
II 17s
N't
Mil
H2l.
KIIJ
(IHi,
100,
inn.
128V, 1281.
bO'i KO'S
00 03? i
(Vt'-J 0.1' 5
.Vi 7HJ.
100'f 103
.)
II2I4
:m
c.i;
70 i
in
120
i!0
ll'.J.'
10'i
u
i
in
120
20'i
Co
10! (
11714 H7'J
vii;,
'.TOO Ya Itwy & I' 5s Oflil
llLsi Wahah lt 5s 10H4
?rtm Wab-I T 1st ct 4s . . 14
inon West Klec cv 5s 10.114
?noo West M.I 1st 4s 7.114
1000 Wei t Shore 4s oo-if
1000 Wiscon Cent pen 4s.. S7'
Total sales, ?.(1GI,o00, romparril nlth
J,opl,!00 last Saturday! this week, f3.
tae.OOOl last week, S2,0.'18.J00.
S'll
iii:
02'i
null
lMi
1'i
in.1'4
7.H4
now
n.i
74'.,
Kl
HSU
11
IflVi
IJi',
ill'.i
100
II ll'i
im.
HOI.
I27
till
H.1'4
IIMj
7.1
Mli
.11111
10
ElTi
7S,
Hil'i
R7
mi';
ioinS
ni';
S.Yii
71
102!,
101
.1714
mil!
104 '
IIPI.,
1171 J
K'llJ
1 ' - )
1HT4
imi;
7.1V)
S7i;
LfiesipiMko .T; Ohio. .. . tW!
t lilcaRO (irc.it West. . . lflj,
Chi (It West pf ;io
Chi Mil & St P !:)!
.h M&St Ppf.... 133M mi, 1.13
tin ,v aorinwcsi PI. ..171
Chi it I & Pac 10'i
Chilo Copper '.'.Ti
Chlno Coppor ftj'j
Colorado K110I & I.... 49 ,
C (1 K I, A P Ilal 11114 U5 i
Consolidated (las 1 1; 1 1; 5
Corn ProdiieU Ito,.... lS'i lf'i
Com ProJ ltd pf b!) h'J'i
Cruclhlo Steel 7'ji( 74J5
t'rurllilo Steel pf no'i 111
Decro & Co pf )(HJ or,!,
Del Lack & West 2.').'t 230
Dpn & Hlo Or pf 2i! 27H
Diamond Match 112'j 112
tt3tlller3 Sec t(Hi 47
DomoMlnoj 281 29)..
Ji'le 43H 4t
I.tlc 1st pf wtif AS!.
Fed Mln & Sm pf GO). SO
(ienrral Klectrlc 171 170' i
(leneral Motors 470 4!l2!a 471
i.cnerai Motors pr Ill 110'i 11,
Uoodrirh II p Co 71'. 72'5
(ireat Xorthern pf 12,1'i lay i
(it N cfs for ore prop. ..4S'i 4!l'j
(Ireeno Canine 1 41', .4',jj
OuRRcnhelm Kipl'11 77. 7f'i
Int Acrlcultural pf JO1 i 00
Inter Con Corp L'2'i 22,'
Inter Can Cor pf 7IIJ4 M)
Inspiration Copper.... 4.1 4.05.
Int Mekcl US 180
Int M M pf cfdp 00'i 07
Kan City Southern.... :il'2 .'IP.
KreRC S S Co 2,"i0 2,i0
Kinu'S Co K I. & P 127!i
LadiStivl .2'i
LakoKrlc .t. W pf .... 20
l.chlRli Valley Mf
I.lu'Sftt .t.Mjers 217
Louis i.S'ash 127H
Mackay Cos SO.'.
Manhattan Snlrt 00
May Dept Stores 01 If
Maxwell Motors 74H
Max Motors 1st pf.... J0 i
Max Motors 2d pf. ... 5.1
Mexican Petroleum.... 1 2
Miami Copplt 337.
Missouri K.icltlc 01.
Montana Power 77
Montana Power pf 112U
National Ills pf 120
Nat Knamel 3c S. ..
Nat Lead..
Nevada Con Cop...
N V N 11 .t II
N V Central
Norfolk & Western. .
North American...
Northern Pacl.lc
Ontario Sliver M...
Pacllic Mall
Peirn It It
Proplu's (ias Chi...
Philadelphia Co
Pittsburgh Coal
Pittsburgh Coal ot. .
Pitts Steel pf
Pressed Steel Car. . .
Pullman Co
Hay Con Copper. . . ,
Ileadlne
Hep Iron & Steel...
Itep Iron & Steel pf,
I loci: Uliml Co....
Kork Island Co pf.
Itumely M Co tr r.
St Louis .t S F
St L &S F2d pf...
Sears ltoo & Co
Sloss-Shef S & I Co.
bo Porto It Sujar. ..
Southern Pacitic. ....
southern Ity
Southern lty pf
btudetiakcr Co
btudchaker Co pf. ..
'1 vim Copper
Texas Co
Union lias & Paper...
Unl Cigar Stores.,...
United Cigar Mfrs....
Union Pacllic
U & Ind Alcohol
U S Cast I P & K. ..
USOIP4F pf...
Unl Fruit
U & Kubbcr
U S steel
U S bteel pf
Utah Copper ,
Va-Caro Chem
Va Iron Coal & C. . . .
abash wi
abash pf A w l...,
Wabash pf il w I ,
est K &M
W U Tel
Wheel & Lako Erie...
Wisconsin Central .'Ill 40 40 40
Total fill", 210,100 shares, compared Mlth
231,700 ahum, lust Saturday; tills uerk,
2,711,700 allures; last eek, 2,081,300 allures.
Reserve Bank Statement
The condition o( trio Federal Iteterve Hank
ut the elite "t bualtieas Ueieniljcr II, 1013, us
as tolluws:
ItKSOL'ItCKS.
tieceinber 3. November 20.
.Inl.l rtn Qtld Cer
cu,.w,aiu.w
Sales in Philadelphia
Y. clo.e. lllith. tw. Close.
I
30
S2'f
2.52
12SJS
80)5
00
03H
7.5'f
100
oVi
J'J'f
34
Ii!.
77!j
Ut
120
3'J
ii,')',;
10 t
lil'1 IO'4 ,)2
102JS 10-Hj IQl'i
HS'f 117j IIS
20 i
li,5
105 s
r,v,
1024
117
73 71 74
,115'f 11.5'f llo
lUf 0 0
81. O'f 8'
i'JJf ,5'.). ,10
Limited Supply Caused Wild
Scramble to Cover Ex
citement on 'Change
CHICAGO, Dec. 4.-Sensnllonnl nrl-
vnncos were recorded In the wheat ;
nmrket Into In the nrsslon todny when
prices ndvnncod nhnrply on wild trnillim. :
Uccembcr closed nt l.I6j,, nn ntlvnnco
of 5'(i cents over lost til slit's close, nnd
Mny nt J1.16'. nn ndvnnco.of .1 cents, i
Corn closed c hlnher, while ontn wrro
',5e. lower to 40. hlKher. I'rovlsloiiH Were
liMchnticcd for the Dccemlier ontlon. whllo
the dlstnnt months wore 10 to 20 cents up.
A "squeeze" In December here wns the
cntise or the rnpld rise In the December
whent option. Kcvernl lnro locnl tinders
nrc rcpoiteil, on excellent nutlinrlty, to
be short IR.fKiO.OCO of December, nnd there
Is only 2.O00.U10 here ror ileiHnry. Tlielr
efforts to cover the short contrnets cnused
December to nilvnnce 24c. in the last 15
minutes.
A tllspntclt from WliittlpeB snld thnt It
wns reported thnt the Cnnndlnn Govern
ment hrnl decided thnt Dominion whent
could only be shipped to the t'nttetl KlliK
ilom or to he Allies. K.xport sntes In the
tmt 21 hours were estimated nt ,".oo.0(i
bushels, winters nnd Durum. Some ox
porters were on the selling side here, and
they reported that low-priced offers to nil
Kuropenn ports bud lirollRlil no return
bids.
There wns n pause In the demand nt
Liverpool, becntiso of the rapidity of the
upward movement, but the undertone
there continued strong. Some offerings
wcto made, however, because of Indica
tions of larger shipments from this sldo
for the week nnd tenders from Australia
In the ltrltlsh mnrkcts were liberal.
Nevertheless the tonnngc sltuntlon Is
serious. There has been n further rise
of .".s In Argentine freight rates to
112s Btl.
The wenthcr In Australia nnd Argen
tina is fnvotable. Owing to tho urgent
demand of Kuropean Importers plans
have been perfected for all rail rates to
the port of Vladivostok nnd some grnln
will be exported from Itussln. Tho re
ceipts nt Minneapolis nnd Dulilth today
weie 110!) cars tignlnst G7I cars; at Wln
nepeg 1.1I3 cars ngilnst 2SI enrs; nt Chi
cago 66 cars, against 110 cars.
Corn sulfcred a further loss. Tho
weather was good, nnd fuither hedge
selling developed In anticipation of In
creased receipts. The arrivals here today
were SIS curs. The market nt Liverpool
was dull and firm. Oats were weak, par
ticularly for December. The receipts hero
today were 1S1 cats.
UmiIIhb lutiiies ranged ils rollmvs:
Vest'd's
Wheat Ojen. Mich. Low. Close, ilnie.
Dec. tuber .. I.1H, t.lil', l.loij I.ms 1. 1 n .
' l.P.'il, I. Ill's 1.12', 1.1U', 1. 1.'!',,
Linn ua'H (.f.i"ij;
4.1 Am tlallwnys .. 301, RO 30 80
100 Am lxico r,7H 70S "0 70H
PS Drill JO r.l B4 61 SI
anl Cambria Steel.. 7&1, 70', 7'l 7SV,
10 n m A st rnui. .. 01 04 ni
I Cntnwlssa 1st pf .. r, ftl f.l
10. Klec StornRa .. GS; ttl 0!l (M
20 I:rlo 4SH 4.1'i 45i 4S;
15.". Oen Asphalt .. .15 3SH ItlH -ISH
2 do pref rtH 73?, 7.1 7:i,
lot Key Tel t e pfd CO lit 07 U M
0.1 t.chlgh Valley.. SHJ S2 Sit, S2
SO Ix-h Vnl Trnn pf 38'5 39'i 3S'.4 3i
1M I'onna II It .... SOU r.0 f.0, Mit,
3"i Pa Sleet pref. M15 S2H M SS'i
10 I'hIJa Co 4.1I4 4.1(4 43H 43 Vj
to do cum pref.. 4.1 41 4.1 4S
POS phlln Kleo ... 27(i 27ti 27H 27t
ROiJO I' n T Ir ctfs.. 10 loli 111', 10(5
10 liny Cons 2,-, 2,-, ssm
lo tlendlng sij sv, Sl. sDi
In .. Pacini lotu lnm lol'i
327 Tonopah Itcl ... 41 4 1.1-10 41J 41;
loo Ton Jtlnins .. n ts-lrt 0 trs-lil n' c.
020 Union Trae .. 4..ti 4,".ii 4,Mi 4:,
" v u I fist; an m wi
iltlo U S Steel .SO f.il'4 KStH SOli
IS V Jer & R H . fo4 So 60 Hi f.o,
Mi frntnp A Rons. M .S7 M M
CAMBRIA LOCAL MARKET FEATURE;
MIDVALE RUMOR UNCONFIRMED
Steel Prices Close to Record Levels, With Orders Being
Booked for Last Half of 1916 Rapid Tran
sit in Strong Demand
Tntnl ilc, 41,001 sbnres, cntnpnrrd nlth
39,47.1 slinrn In-it Niitiirdiiy IliU wrek, 339,
0.13 luirit lt nerk, 27,'i(l.1 slinrra.
HON US.
lji.t prev.
sale. 1 Hull. low. Close.
S00 Am O & Kl S. . ss SH .s t
4IKIII I laid I.oc 1st .'s.loili; Km ltl tin!
1PC0 flly 4 101... ...1021. UrlU KB!, HC.
2000 i:iee 4I'T 4s.. SOU 'Uii Ml '.
noril Itnrwood K Oa...ltt)fi 100 Km Km
r.lKKI Key Tel 1st ... .. liSUj II.V, li.V,
:;oon I.eh V Rfn 414S.I02 lol'a lul'j lnlij
inooo I'a gen 1'i 100"i loo(, loud, IHON
I'lOHl fn fe M H On KM lltHj 1UI
1( 0 I'hllu i'o cons Sb is K U Mi '!!l
UUHI I'lilU i:i Is !'l Wj S'.'(2 v-'.j
20.(1 Hon. Mint gen 4 U." '.." US 111
2i.ni) IV NV.vl' Ken JsJU'i v.''i -v2'j xl'i
Tnlnl onlrs, SISiOO, rnmpnrril with UH7,
87. In. Sntiinliiyj Ihln wrrk, !M-:V1! Ii.it
wrelt, $8.10,01,1.
Local Bid and Asked
Todny'a
r.ld. A-krd.
.It4lj 11.1
. 21'i 2.1
. .it' r.4'i
. 7sr. -s.
. I'."',
. 11
. 11
: lik
llnldnln
llurf A Sui t c
do pref
C'nii'lirl.i Rlrrl
Illci'trle Htornce
Itrnernl An.inlt
do .ref
Ke) stone Trlepliono .
du t e
do pr.'f
Luke Sitt.rlor toii.,
I.ehK'h Niulg.itlon ..
I.rhlish Vnllev
l.ehlch Valley Trnn .
10 prer , ."s
Priinalvnnl.i WH
I'hllu nieetrle 271
I'hllii Co fllj
do .1 per rent .ref. 30
do 0 per rent pref. 121
I'lilla Itnpl.l Trnni.lt.. tin,
do t e tin,
lle.i.llni; s2
Tonoi.nh Itelmoiit .... I",.
Tonopah Minim; n1",,
I 'uh n Traction ll'i
1" (J I ssl,
1 S Mrel 811IJ
Verlc Itny !ii.j
do j.ref R.11.
Win Cramp t c jut
Vcsterdny's
llld. Ashed.
1ll?i 112',
311
73'i
11'..
1415
ns
-!!'
J.2
III
llsr,
.mi,
27 i
1.1
37
II
1'1'i
1!H4
S'-"l
,'::
sm;
10
.in;
'4
.'.I
7Mi
11s
3.V1
73
It
II
i;o
ii'j
7m;
M'i
IS't
.in
42V.
nn;
nn
Mi,
4",,
i;i
UK.
NSlJ
K.l
I'i
,13'i
HI
r.l'i
711
00
am;
7.1'i
i!!S
si-,
nn,
a,
ii'i
3
4'1
in'',
nn.
tambrhi Steel continued to occupy the
centre of the stase on the local cxchanBO
today. OpinltiR nt o new top llgurc, 7n',4,
tho price nnlckly reacted on heavy proflt
taltlnc: paleu, but nfter felllnrt down un
der TS svipportniff orders were encounterqd
and the quotation became steadier. Up
wind of 31,000 shares changed hands dur
Inr; the brief two-hour session. Dis
appointment wns expressed over the lack
of real news conconilnji the stock, It lmv
ItiB been confidently predicted In the finan
cial district that some announcement
would be made this inornltiR reiardlnp; the
company's plans. Tho latest rumor con
nects the Mldvole Steel and Ordnance
Company with Cambria as a nucleus for
an even larger mercer, but nothing was
forthcoming to verify this.
Meantime the steel business continues
to break tccords all along tho line, and
prices for Steel are now close to tho
1W7 level. It Is said that if tho United
States Steel Corporation was delivering
on a basis of present prices It rould be
earning nt the rate of j:JO,O0O,0C") a year.
The quantity of now business being ac
cepted by tho mills Is small, as tho largo
concerns have virtually no unsold ca
pacity befoio next July. It Is even re
ported that contracts linvo been made
for tho third ifuurter and second half
of 1018.
The I'lttsburgh district Is enjoying a
prosperity that It lins never before ex
perienced. Although nothing was modo public ro
gai'dliig a possible combination of Cam
bria with Mldvole. it Is understood that
the latter Is making extensive Improve
ments to all of Its plants, notably the
recently acquired one of Worth Brolhtr
at Coatesvllle. Additional roll facilities
aro being made nnd a new blast furnace
Is tn bo constructed, It Is said.
oniclal confirmation was made of the
purchase by Mldvole of 300,CX,000 tor,
of Cuban ore. This Is the larsust trans
action of tho kind since tho United States
Steel Corporation deal with the llltl prop
erties expired a year ago,
Unpld Transit shares again attracted
attention on Chnngo this morning, estuh
llshlng a new top price for the year on
very persistant buying. Predictions were
heird of considerably higher quotations
for tho local tractions, based on splendid
earnings nhd a more cncotiragl 4 policy
with regard to transit affairs by the In
coming city administration. 7ho only
other movements to attract nttctlon were
n two-point Jump In Keystone Telephone
preferred nnd a similar rlso In Cramp,
but the latter subsequently lost Its gain.
The gain in Keystone shares may hove
been connected with tho hearing before
tho Tubllc Service Commission of the
application of the Philadelphia Ulectrle
Company to lease the unused conduits
of tho Keystone Tctephono Company,
which was begun this morning. Joseph 1J.
McColl, president of tho Philadelphia
Klectrlc Company, testified that Its pur
pose was to Use the conduits as soon as
Increased business warranted, and with
no Intention of preventing competition.
PHILADELPHIA MARKETS
GRAIN AND FI.0UU
WHI1AT.- Iiemnnd nan fairly active nnd
price turthcr advanced le. under bullish Fpe.
illation 111 Hie Writ, tjuot.ltlolis: Cur lots. Ill
export elevator -No, 2 led, ppot nnd lie. enil.er.
Sl.IMil.2n. No. 2 (outherii red. tt.til-.il.lS;
atianiir No. 2 red. SI.1.V1I.I", No, .1 red,
fl.l.Vil.17: rejected A, Jl.l2'iil.II'ai rejected
C( lt.SV-lto'(clit, 7.111 Push. Tho market
wiim quiet, hut steady under small supplies,
quotation: Car lotH lot locnl trade, an to
location. Western No, 2 yellow, 771l7Nc;
Western steainir yellow, 7(ifi7ic. ; Western No.
.'I Jill.m. 7.1i7Hc.
DATS. It. eclpts. 311.1101 hush. Demand wns
only inolrr.ite. hut the market ruled llrm at
the late advance. Quotations: xo. 2 wlilto,
4ii1iis.'.; .tandnr.l white, IllTi HU. c. ; No. 3
white, l.-.1l4:.i...e. : Nn. I white, lllillo.l sample
o.itf. 4ni!il2e.. purllled oats, graded, I.IHIile.
Kl.ot'll. ItceelptH, Ni I1I1K and 2,!llO.OO.I
Hi". Ill sacks. There was little tin.llnt!, but
mill limits weie steadily held. IJuotiitlona per
II". M.s. In wood: Winter clear, s.lii.l.'.'i; do.,
atrnlKlit, .1.2.1i.l..Ki; do., patent, x.l.uiu.l.s.1;
Kansas, clear. Jute sick", .l.7.1'h.1: do.
CKS,
Flraliiht, Jute
$.".. 1 .111 .".. 10; do., patent,
I
4.-.H
Ml
Kill;
10
:iii(.
S.I
74
llj'i
11
il".
SO
im; ii7ii ii7)i ii7?i
41 41-a 11!
:ij'j :t.i!j :ij
lUS'a 0i 108i
41!
:ij'4
lotiH
11)14 lO.'Ji lOUi lO.'M
liU'i !'
10715 10s
s,n L'..ii
Hl'a -i
iu'jh wr,i
tu
109.'.
il.'l!i I'.IH
107H 1U7J5
Uo). -.'oJa
SIM
10U),
.. ii i H H
.. 'i M 'i M
.. H'i 1 it; HI. ll'i
.. 4Ji 4J 4,'j 4?.
.. UJa flli 0)4 O-
..17,') 17f.J 174'. 170U
. 00'f U'ili 00'i GJ
..1D8 IS Vi2 15'.'
..101 lOHi 101 101).
.. 2.11a 2:i aili L'.'IH
.. OL'I, 02 01U (lllj
..151). hV.i VM'.i If.'-".
llUi 111H IUH lll!i
.. 57 57ii 57i 57!1
..212 21.1 211 Sill
.. 7H 7i 75 7)5
.. Wi OJi 05i 0)i
.. OHi G2i 0'-!i (i'.',',
..13SU l.'bJi l:i7Ji 13S
12IJ5 1-Jl'i 11015 l-'Pf
Soli 25U 25'i 2.1U
50 51 51 51
1505 Hl 141 140
5J 51I 51)5 5-1! i
bO bCiH tCiii biiH
UoH 11.1J. U5'i U5!i
78' , 70'i 78 70)
40
til
111).
40
December
.May
Data
Dc 'ember
.May
Ijird
Derrmber
Janii'iry .
Mnr
Illhs
.lanu.iry .
May
I'mk
Dec.'.nl er
.Innu.iry .
.M.1
. 42H
14',
. H.20
. H.42
. 0.72
. n.11.1
. tl.S.1
.111.41)
. 1 v.imi
.IS. 00
llld. t.lsked.
Cl!';
7(1',
13
4.1,
0.27
n.m
II.M)
II.NI
11.11
111.4.'.
11. IS
IS. II)
11.11,
ll'.
111,
I4'
inn,
701,
43
4.14
4-'i
4.
I). 20
1I.4U
11.70
ll.ll.
II.. S.I
111, ;o
11.00
1.1.0.1
0.22
P. Ml
11.77
11.117
111. 1.1
H.1.1
11.11)
0.2.1
11.4.1
11.7.1
11.70
!l.tl
H1..VI
17.P2
17.1SI
LIVE STOCK QUOTATION'S
ClIll'AfjO, Dee. 4.-IIOn.M-Uecelpts. 23,l;
market. ..e. lower: mixed and butchers. i',w
U.I...: Bond heavy, Jii..-.ofiO HO; rough heivy.
S,iil?.t,iMSfiiA,.,5?'t- n- ,.1-,." Mt-1,.;
L'AT I'I. K Itectdt. Is. jn,l. ,,,..1,., .Ifl,..l...
heeve". i.n.Vfilo.ir.i rows nnd heifers. :13.2.1V
8.3.1: Texuns, il.i;i)?s. 10: calves J'.it ID.,10.
SIIKi:r Iterelpts, 2000; market steady:
natlvo nnd Western. -.'l.2.1iii..10; lambs. JU.I0
u.in,
COTTON
NI'YV YOItlC. Dee. 4.-Traillng was
small nt tho opening of tho Cotton Kx
ehango this morning. The tone was
steady, with prices one to seven points
higher. There wns some buying for Liver
pool and .Southern account. The selllns
was small and unimportant and tho gen
eral price level established nt the start
was maintained to the close.
s. close. Own. lllsh
40
. CD
lb
452 i
20
085 i
67).
Sl'i
b'J)i
40
01
10
45.'i
20
bhti
b7Ji
40
01
10
40
20
bi)
87'i
LONDON STOCK MARKET
1 IX1NDON, Pec, l.-Whlle the Stock Ex.
Change markets wero Irregular today
their tone generally was firmer. Condi
tions usually in evidence at the end of
the week prevailed.' Consols and the
war loans were stronger. Colonial secu
rities alsi were harder, especially Cana
dians, which were influenced favorably
by the success of the Dominion loan.
The (eellng In Americans was more
j cheerful, but alterations In prices were
narrow. There was fresh buying of spe
cialties. The home rail group Improved,
but South American rails failed to rally,
notwithstanding the excellent earnings.
Canadians were slow. Sentiment with
regard to the allied bonds was better,
and Spanish bonds were steadier on sup
port from Paris. Kaffirs showed strength
In spots on purchasing from South Af
rica. Rubbers displayed firmness.
NEW YORK BUTTER AND EGGS
NEW YOItK. Dec. 4.- -Butter mark.t steady.
Receipts, ' packages. Extra. 3WaJc.;
hlitt-er storing. MJiSj . Bute dairy, a33c.;
Unltatlou creamery. HSiy.
KUU3. -Market steady. lUcdpta. 4S0 pack
age. Extra Hrita. .'l&uaSc. Dla. oiaixSc ,
r7..phtf vhl(a. 4&l"c. . mixed color. tUH-loc. .
rai'rlxerator flraU, 22020.. nearby brown I
uiicatcs In vault
Uol.l settlement lund
balance
Quid redemption
funde
l-eiral lender notes,
alUer, etc
s.tua.ooii.oo
37,000.00
2,i74.732..iO
$8,1S.,U.00
3,1)00.000.00
37.0CO.0O
2.000.093.(13
Total reaerve 14,lM,122.N)l31ir.',2i:..c.1
Conimirclal papir... t.ll.liio.lti 110,221.34
Hank atceptancea... S,Hi3,U4S.Xt !,T?0,li.:i7
January
December
.March '..
.May ....
July
October .
Spot ....
12.311
....12.2.1
12.111
I2.H.I
....12.111
12..1.1
12.40
12.27
12.7t
12.M)
12.117
12..1I
12..V)
!.4.'t
I2.:n
12.71
12.02
I2.(l
12. .17
Low.
1S..11I
12.27
I2.IUI
1 2. NT
12.1111
1 2. .11
rinse.
12. IV
12.31
12.711
12..III
1 2.117
12..17
12.50
COTTON STATISTICS
Tlnilillilleal position ot cotton la na
Thli Last Ijtst
... , . . Ke'k. week. jear
,J",bJr uPI'lV1-... .'..4UI.017 ,1.2lll.3.i1 4,l!illST
(i; which American. 4.2111,1117 4.lS.l:u a 7111 V17
Tot. In sight Dec. 3. s.mi.in ,1.20,4U sjatj'sji
$100 BONDS
City of lUltlmore 4a 1002 "j1,',',-
City of Chicago liar Con 4a 1H17. , tin
city or .-.ew urirana imp ,1s 11)20 too
I'lty of Vancouver 4H" IPSI ,' ni
.-sew ions 1 uy ree 4'ja 1111.1 (vi
Mew York City reu 4'is llico lfli
11 & o o & i. k ist na in.io .;
Cent Vermont Ity tat rvK 4a 1H20. 711
C II & Q Den Hxt 4a 11122 iisv
1 M Ht P gen ref eon .1.1 2014.. tonij
1' II 1' eonv 4'is ittia ,i '
Col & South ref and ext His JUTI.. iSTii
N Y Cent eonv del, fm im.1 i,n.
PUIJLIC UTILITIES
A syndicate composed of Alexander
Ilrown A Co.. of ll.-iltlmoie; Aldrctl .t
Co., of New York, and Jackson & CtirtK
of Iloston, hns been foimed to underwrite
the conversion of 2,wm,(0 notes of the
Ponsolldated Cla.s Klectrlc Light and
Power Company, of Haltlmoro, Issued
Inst March. The notes ore convertible
Into common stock at 11.". The company
will soon Issue n notice calling these
notes at par nnd Interest and holders wll
then hnvo 2.7 days In which to convert,
All who do not convert will be paid cash.
United Light and Hallways Company,
of Ornnd Itiiplds. Mich., has funds with
which to pay $."00,000 notes duo on Jnn
unry 1.
United f!as nnd I'lectrlc Corporation
resumed dividends by declaring 3 per cent,
on the first preferred stocl.. Tho presi
dent, George Hullock, says, "With a con
tinuation of the current prosperity or
the company the payment of current div
idends from now on will bo resumed on
the first preferred stock."
Earnings of the Northern Texas Klee-
J11I11 sacks, sr. r.oii.1.7.1: siirlnu. tlrat clear.
..ni. '.2..: do., atrnUlit, f.l.2.1fi.1..n: do.,
intent. S.i..1il1.'M; do., favorlle liiiiiuls. J.1.M)
flijl.1.1. 1 lt mills, choice and fancy patent,
f.i'.oiiil.l.l; do., reaular graiie, winter clear,
t..1l.i..'.i: do., do., stinlKht, .1.2.v.,.1..1o; do., d..,
).atetit, .1.ul1l .1.1.1.
itYIl I'l.oi'lt ruled steady under llsht olTer
lllirf, but trade was quiet. Vl 0 quotu at ?51
.1.2,1 per bbi., us to quality.
PROVISIONS
The market ruled llrm with a fair jobbing
demand. Quotations: Citv beef. In sets,
smoked nnd all-dllid, 2lfi2.V.; Western bid.
In sits, smoked, 2IUJ.V. ; city beef, knuckles
and tenders, smoked nnd uli-dilel 2i:?(27c.
nt'Htem beef, knuckles and tinners, rmoktd,
20112. c. beef ham. i2iu:tii: pork, fainlly.
12.l..iOfi2l: hams, S. I". cured. Imwe. 1.1
fft.l'-j.'.; ilo., skinned, ln'.te, 12'.M2' ,v. : do., do.,
smoked. l.'i'.il.H... .; other hal.is. smoked city
cured, as to brand and aeiniie, 171il7'jc.;.
hams, smoked. Western cured. 1717'jc.: ,.o..
iji.llc.l boneless. 22c: picnic shi.ubleis S 1.
cured, loose. 12',ac ; do., smoked, l'1'..c. : bellies.
In pp'kle. ni'corillllK lu uverilKe, loose, l-lii
l.'l'iC : brenklast bau.n, aa to brand and aver
iiEe. city cured, '.il'.c. : lueakfast bacon.
Western cured, 171lsc.; laid, Wectern, letlnod.
tierces, lie, ,n... do., tabs, lie; lard pure
city, kettle tendered. In tter.es lie,: lard
pure city, kettle tendered, In tubs. lie.
REFINED SUGARS
The Pennsylvania Ci.mi.any withdrew, from
the m.llkl't and l.lbes were tlrmlv maintain..
I thuUfth Hade was quiet. Itcllners' l.st pr ces:
1 ..Mm inn Hranui.iieii. la'. ; siau.l.ll.l
urnnu
conftctionerH
I. Itcl. 11.0.1c.: ,oudcled, 0.10c.
A. .1...0c.; aoft Ki.ubs. .1.1.111.1.7.'
DAIRY PRODUCTS
IK'TTI'H. Tho usual Saturday quietude pre
vailed In His maikct. but nnvrlmsa wire unlit
and prices uibd llrm. KoIIowIiib are tho
quotations: Weitern. e. Ibl-t ackc.l creamery,
fancy ui'.i'l.il.-. :tujc. : extru, :nv.: extra
llrstH, 321i."'ic. ; tirsls, ::iHi::ic. ; sccoui, 2L5J
211c: nearby trlms. fancy, .lie; .'o.. nerai;e
extras, .'l.1ii:t7c. ; .In., tlrt-ts. ::mi:t2e. : do.,
recmids. 2il1.2-ic. : jobblnu sales of fancy prints.
trie Company are beg tin ng to compute ! ..,!... ... . ., , . . ,
,,,,. rn.nhi.. ...hi. .i, i vv""i"" II( tiS. ! no new-lad eugs rold fa rly nnd
more fniorahly with those In the venr w. re well cleaned up at full ilj;ures. We iiuote:
preceding, rind also show Improvement as ' I'lee cases, marby extras, ac. ncr doz. ; tlrsts,
compared with recent months. Gross rev- j f i":' 'XJtsf V,cr'r:Le""V.nsnrny extrnflrsVs'
enues for October amounted to JflSl 513. a Jt.V.so ,.er-i".s.!r 'tiriisV in.wi I per'li.ie! frh,?:
decrease of only $2512, and net enrnlnus "tw i'ss, fancy. 7..viii7.W per cite; do..
over op.-rnting expenses wero i5,S7l, a
loss of J1772. The surplus halnnce, nfter
Inlerest charges, etc., was $58,153, against
M I.IHO In the samo month of last year.
The 12 months' statement up to October
31, however, shows a reduction of t02,S53
In gross Income, which totaled $1,730,710,
while the loss In net enrnlngs. amounting
to $Cji,52?, was reduced to $.'I9,5SS.
firsts, $7.20 per enso; do., seconda, $O.G0fll.0O
per case; do.. Inferior lots, lower; fancy se
lected candled eggs wero jobbing nt 401M2C
per doz.
Clli;i:SK. Demand wns only moderate, but
supplies were., small and tho market firm,
tjiiotatlons follow: New York, full cream,
fancy, new, l.ailjiici "special' higher; do.,
uo., fair to good, new, ltiuiuiit; do., part
POULTRY
DlinssED.-The .market was quiet, with
tnoderntn but nmplo offerings at recently re
y se, prices. Kollontng nrc uuotntlons: Kreah
hlllid turkeys, fancy, nearby, 255(2110.:
do., do., Weatern, dry-lmcked. 24(i25c.: do.,
lair to good, 'I21i 23c.. do.. Inferior. tr,!l2oc.:
Jowls. 12 to box, dry-picked and dry.packed,
fancy selected 18e.; weighing 41(5 lbs.
nplcce, li'sc.; weighing 4 lbs. apiece, IflUc;
weighing 3',a lbs. njilccc. 15',ic.; weighting ,1 lbs.
jipleeo and ut.der, 14iil.1c: tine, heavy fowla,
In Ihtrrrls, dry-picked and dry-packed. 17a:
low Is. Ice-packed Weatern, 4',i lbs. anil oer
apiece, 17c.; do., smaller Blaes. 1311 10c. : old
roostirs, dry-picked, i:iae.; clilckena-Jeraey,
far.y trnllcis, 24fi2ilc; other nearby fancy
broilers, 22-(i2le.; Western broilers, weighing
li'i2 lbs. nplecc, 10fi22c.; northern ll.lnols
chickens, fnncy, sellow. wilghlng 4 ll.a. and
ovr.r, isftltic.: do., fancy, weighing 'if'-'lii
Iba Liiiloc; other Western, welghlnc 4 lbs.
la'e "ii . Uo." welshing 2!,ii:i!i
.,.,...v, i,i, ,ui, ,., f,; sunne i uck.
lbs..
nearby, lMi20e.: do.
tnlr to good. 12fil.1i
tvi,'.. " ,'!,trrL': ll'iloc.; B.iuabs, ;ier dox.
r - ! f.' "."""'a' 11 " 12 lbs. per dot.. .(
....,.,,,,,,,. r, ir.KI....K 1' II. IU IOB.
Western, fancy, 17dllSc:
Riini', nearuy, ll1Ilc.
. her no..
SI1H...H; white, weighing S lbs. per doi J-'l.-j.l
li : white, neighing 7 lbs. per dm.. -2..V)
foi w'!'",0' weighing ilflf.W lbs. j,er dox., 2i
-.2... da.k. $1.7r.ti2.2..; small and No. S. Ilio)
FRESH FRUITS
i.m'!,cr,.?.0.n"n.' I""1"'" I"''' "1"! without
mi.iirttiiit change, tjuotatlnns: .M,,es, per
bbl.-Jonathan, taney. .1..10T4; do fair to
S?ct-f.-V,:,i .Mell'losh. .'.':, 4; 8n okehous"
Jl. i'-1',"H;.J'Jr'mr'' ".""den. 2.7.Hi:i..1o; Wlnesap
i-A ' :.: i.ilrecn.,,,.,eI --7-in'l.2.1: llaldwl?
nerb! s.'.'.'i' :"". ' u 'f' - o-i.-l.'.'.".: Vork Im-K-
' i?-"-'.r":, twenty-ounce. 1t:i; i-ippin.
si -if,-e vnvl"! V,V7':n.-.-',: oth" varletlea
.11...0HJ...II- o. 2, Jill t. 2.1. Annies tn hulk
'Z ' ! Lh-!.K':'0"'--'0- Apples.' Western. jA
in. 'csi.'Vl'-V'i'- 'r'1'1' ',cr h'.l.-Seckel, ii,t
10; Sheldon. flSTr.; Iieurre d'AnJou. $2..nw:t..vi.
(.1,r,",,T' NS.1V Yorlc' '" '' l.iitkct--l)elnw.ire.
in I.e. ; Magara. KjTi12c. : Concord, 101112c,
inJ'tS' 7 York' 'lor -""-ll'. I' kct-Concc,rd.
I0fi..rv.; Marnra. 4M.10c. OrllRes. I'li.n.l...
.T..yiSi-?1-7-?"--2''1' ""'P-'-Jlt. 1-lorlda. ir
crate, 2ii.l. Lemons, .er l.cv. SiMi.i. t'lne-
ntiples.
per cmte I'orto lib... J'.'ici. Crun.
pf)
.112
N v (I I. (Kr.c) lat .la iihii
" V N II & II e d ctfs aij imh.
N Y N II II e d reir (la IBIS.
Norfolk Weal lit eon 4s ln:t .... mii
M. I'ae .-'all I Ter lat 4a 111.10 si
Virginian Itv 1st 5s 10B2 flju
Anier Asr Chem con deli 5a 1021 PC,
Aaked.
nsi;
Ml!.
in.;:
102'i
1024
112
(Ha
ll d
Total bills
counted (
l.outnt
I'. ,S. bonda
iluiiUlul warrunu.
Total Inveatmeuta.
Pue from other Fed.
era! Iteaervc llanks
ln0
Kedii-al rejerve notes
on hand .....
Nutia of National
hi.r.ks and other
Federal fteaerie
Ilafks
AH other reaources..
fl.C.11, 114.40
l,li73,S4T..m
l.t 4S,31ii.'.'5
f3,J1.033.73 4,017.7W.5S
?1.0.1S.7fll.al
l.U7.l,217.wl)
2.W4.433.0S
JS.C0I1.073.K1
373.220.00
20.21.1.00
2ai.20s.Ull
S7,33l,20d.30
240,020.10
o,cno.oo
101,171. W)
Touil re59urcea....-'io,oil.l,3!i0.b.'l f2!,W0,301.52
I.IAlllI.lTIKS,
Capital paid In ?3,2U,UX.00 3,2(i9,S).O0
Reserve Uepotlts
(tut) .., 24,703,404.43 2M20.4S.1.J2
All .Ihtr llatUltles.. S20.34 320.40
Total )UblIltlea..,;i0,0U.1,.1U).K f2D,U'jo.3Ut.82
NOTES OF THE RAIL
Lehigh Valley stockholders Increased
$73 In the last year. On November 18, 1915,
the total number was SSK, against 7951 on
November 19. IH. Even more remarkable
than this annual Increase, however, Is the
Increase ill the last . few months. The
October dividend xvas .distributed among
8573 stockholders, which means that the
total number bas increased 259 in less than
two months. According to the figures
just made up. 40.91 p.er cent, of Lehigh
Valley stock is held by women.
Am Ice h'ec deb Ils ltd.
Amer T & T eoll tr ctrs 4s l!)2!i.
Amer T & T eonv 4'.js IU3.I
llcth Stee' lat and ref Ba 1IM2. . .
Cent Ixatti lat reg ,u IU2.1
Cities Herv eonv notes 7a II.1S .
Com I Ity & l.t toiiv lis litis ...
Con I' Co Minn c n fia 1IH7
Den Has & i:iec lat 5s 11)1!) ...
Oen I'lec deb 3Ha 1012
I.u-k .steel lat ron "at in.io
lACledu Oaa lat 3s 1011)
LIS & Myers deb reg 7a 1041 ...
I.lg .1 Myers deb reg 3a 10.11 ...
I' '.orlllard deb reg 7s 1041 ...
p. Lorlllard deb reg 6s 111.11 ...
Mon liiw lat and rcf Oa pin...
N V .Mr Drake Is Icon .la lfiss..
N.1
... M
'.'. iVi
., im
... PS
. . naii
.. no!
. . in
.. 7Sii
.. 0214
..100
..121
..un j
..122
.. ruin
.. mi;
..10214
III!
11.1
U
I'ili
S7
107
101
lot
inn,
101
ili
l'ii',
1(121,
121
ii'i
102
PS'i
The directors of tho Standard Ons nnd
Klectrlc Company hax'e resumed divi
dends on the company's preferred stock
on n cash basis, after declaring dlvl
dends payable In scrip since SeptPmher,
1513. A dividend of 1 per cent, has been
declared, paynbln December IS to stock
holders of record November 30.
Dunucsne Light Company, of Pitts
burgh, contracted for two turbo-generators
with total capacity of 73,000 horse-
powe- for the power house on Ilrunots
Island. One generator will havo n ca
pacity of 4000 horsepower and will be tho
largest In the world. Improvements
amounting to 2,MO.00O aro being made
by th company nt Its plant.
.1. P. Morgan .4 Co. havo taken from
tho Interborough Rapid Tram-It Company
J.'0,tXO,000 of the first and refunding mort
gage j per cent, bonds, which Is tho bal
ance of the J.'IO.WW.CO) allotment. To date
tho bankers have taken from the com
paiiy a total of J12S,e5S,OC0 bonds, leaving
approximately 27,000,000 to be taken.
These are the bonds for the financing, of
tho new subways and elevated lines.
berries, cape Cod. per bb!.. '.,f?ii: do.. Cap
Fl'!:!of""r crate. $1.752: do.. Jency. per crata
VEGETAIILES
Demand wns only moderate, hut xalues ners
well sustalni-d on choice stock of met descrip
tions. Qiiotitlona: White potatoes. I'ennaylva.
nbi.ner bushel-Choice. W.fitoc.: fair to good,
.'i.ic. White polntocs. Jersey, per basket
;,- l '!'.''. 4.. f.",.V.; No, t other varieties. 40
8M..C.: .No j. anWtBc. Sweet potatoes. Jersey,
per hasltet No. 1, lOfi.loe.; No 2. 1 .Iff Sac!
Sweet potato, s, Virginia. .er Mil.. Jl..1(ll.(ai.
onions, per lliu-Ih. bag-No. 1. $t1.7.1; No. 2,
...ili,..e. Cabbage. IMiilah, .er ton. JSsill; do.,
domestle. ptr ton. f If,.-,, celery. New Vork,
i.er bunch. l.,(T40e. Lettuce, Florida, nor
basket. SL.im.2..iO; do.. North Carolina, per
i1;.'.. ',''.'.', "'I'C1-""- 1'eans. Klorlila, i-r basket.
.b.l...1 t'eas. l'lorlda. per basket, t.r.(K9
..-'. l-fgl'laiit. Florida, per crate S22..10:
Mufhrooma, per 4-lb. basket. SlfH.lo.
Financial Briefs
To Examine Textbook Co, Rooks
Minority stockholders of the Inter
national Textbook Company of Kcrunton,
have authorized the appointment of u pro
tective committee to examine the com
pany's books. The company Is one of
the T. J. Foster group nnd handles the
publishing business of the International
Correspondence Schools,
TOUT OF IMHLADEH'IUA
Steamships to Arrive '
Name.
IYnpalten Maru ..
Llneoluahlre
Mlnerle ......
It. da I-arrlnaga..
Hambletou Itunge
rinedale .'. llarrv
Aguello Ciampa ...,..,T. Anunzlata
Andreaa ........... ...Hotttrdani
Kclbergen Kotterdain
niedhow ........ .....Madeira ....
Iathmlau ..Itlo Janeiro .
Urd SkleMa
Meana ,......,.Faol
Joh. Chamberlala .....Alttlerj
jxuu.tua ....
l-olvartli ....
Mackinaw ..
Longtoti Halt
Koaebank . . .
Weat l'oint ..
Oeorglan ..
Crloa .......
Taxnaaua
Manchester lnlner. llanche.ter
iiawaiuu ......... .isama
.lantle ' Sua Batry
MoMegaara Cleof uegos
From. Sal'ed
..Coroco Nov. 3
..Calcutta ... . Nov. (1
..l'frlm Nov. 8
. . Ilarctlona Nov. 10
..Ulaagow .Nov, 11
Nov, 12
Nv, II!
.. .fiOV, 17
....Nov, 18
Nov. JS
....Nov. 11
Nov. 10
....Nov. 2D
. Nov. 20
Mancheater ....Nov. 1E1
HucUa Nov. 23
.London ,...J(Nov, 23
.Sue ...Nov.23
. Va Icocla ...... No v. 24
-Li)don . .....Nov.20
. I'crnatubuco - Nov 2U
Kotteruera
tilaagow
Nov. 27
NOV. 27
.Nov. 2S
.Nor. "M
NOV- 2U
Nor. 29
RAILROAD EARNINGS
CANADIAN PACIFIC
1013. Inereaae.
Fourth week November., tl.lol.ooi) Jl.T'.i.l.Kil
Month 1.1. II I. wo !1.:iii:i.ihki
From July 1 S2,IS1.000 .1.272.W)H
MISSOl'llI. KANSAS AND TEXAS.
October gioas 2.I)lill47 JIK.'l.lvi
Net 104.720 7S3M'fll
LOIUSVILI.C AND NASHVILLE.
October groaa j.Wl,.110 JI77.1VI
Net LKIl.tllU OU4,S!l7
Decrease.
DBNVEfl AND ItIO ORANDE.
4th week Nov (VjI.iiki M.i,r.()
U.'rom July 1 11,.'172,( Nr.',7lii)
DEN'. EH AND ItIO OIIANDE.
."letober groas f '.'.5.M,Sil2 2I4.(0,1
Vet U77.411 14II.2IIS
Total Income l.oill liss Ilu.l 22
Surplua 4.1I.M!) liai.2112
November Municipal Rond Sales
Sales of municipal bonds In the United
States In November aggregated 24.639,.
343, compared with 21,(W1,126 In November,
19H, according to the Financial Clijonicle.
For the llrst 1' months this year the
total Is lllI.Wl.CoU. as against tlH,62,91S
In the corresponding period of 1911.
A block of SIM.Oo.) I'nltcd States regis
tered 2s sold itn tho New York Stock Kx
change, thtco days, at U'J1,;.
Tho gross earning of I. rnllroads for
the third week of November showed a
gain of J3,32i,IC0 over tho samo period In
1911.
Do Haven & Townsend, Pnrrlsh & Co.
nnd New Vork wire houses wcto heavy
sellers of Cambria Steel. Sparks & Co.
and CI. A. llulin ,1 Sons wero buyers.
Tho New York banks lost J7KW0 to tho
Subtrcnsury yesterday.
There Is stored away In the vaults of
the New York Subtrestsury S9.G0O.000 of
gold coin, according to tho count Just
completed.
Commercial failures this week in the
United States, as reported by It. O. Dun
ci Co., were 361, asalnst 31". last week, and
4M last year.
fleorgo Dallas Dixon, vico president in
charge of trntlic of the Pennsylvania Ilail
roud Company, on Monday nfternoou will
address the International Trade Confer
ence at New York on "I'repuredncss iupI
Our Itailroads."
The It. J. Ueynolds Tobacco Compaii
declared an extru dividend af 10 per cent,
on Its common stock, together with tho
regular quatterly dividends of 1?. per
cent, on tho prcfen.d and 3 per cent, on
the common, all payable January I to
stockholders of record December 21.
Stockholders of tho II. II. Franklin
Company will on December b vote to in
crcat.0 the common stock from 300,000 to
J;,i0,iii). The preferred stock, amounting
to 00,00), Is oil in the treasury of the
company.
Chandler Bros. & Co. buy: "Tho market
ns a whole is Just at the moment going
through a digestive experience. Wo do
not believe, however, the digestive period
will bo lengthy. We feel sure the mar
ket Is genuinely bullish and that it will
toon regain not only its uctivity but Its
aggressive strength."
MINING STOCK QUOTATIONS
TONOPAH STOCKS.
Hid
LOO
01
14
27
:i.1
HI
4?i
i'
Jim Ilutler
.Mae.Vomara
Midway
Mlzpah Intension
Montani
Northern Star ....
Tunopah Ilolmont .
ronopah Extension
Tonopah MInln.
Iteaiuu Eula .
Went End
QOI.DFIEI.D STOCKS.
lit,
OS
..12
Atlanta
IllUB Hull
llooth '
llulldog ,;;
u o ii ,.;
Combination Fraction
lilamondtleld tl II ....
J'-'l-y
Floieneu
Holdiiel.l Consolidated
tlal.ltlvl.1 Merger .....
Jumbo Extension
Kewanas
Oru
b'nnd Ken
Silver Pick
... .21
...! !oi
.'!!! !iii
01
07
.... .01
01
:i.l
.... la-io
17
. ...1.20
ralrv Aztec
f'imberly
Nevada Hill ....
Nei ada Wonder . .
MISCELLANEOUS.
.(ill
.07
.07
. .01
. .OJ
. .20
Afeke 1
1.01)
.05
.III
.ill
,::7
.IN
t'
7.
.10
.M
,1'S
.01
.41
,01
.0.7
,IIS
.(111
.1-1
.411
IU
.18
1.2.
.24
,U7
,0.1
.(CI
.1)4
I. o
NEW VORK COFFEE MARKET
JJ' ,vo'": ,,C1'' I Price chaiig. In tho
naikiit lor tome tutuiea ut the oiiemng wero
narrow and Irregular. Dealings wen. le.a ae
live, being only :I7.10 Isiga old. The e!o.-c
showed net deilinea of 1 to a point Ouota.
HANK CLEARINGS
Hank ilearliigs today compared with corre-
....,, iii, dttv lbt two ifaars
i " nut i.n
lions tallow;
December
January ,
February
March ...
April
May
Juno
Jul
August
Kept-mler
O -tober
llld.
Todaj's Today's Yeaterday's
opening. close. close,
. l,..,fill..1!l IL.1S1llt.ua
. ik.nii mo ii.ntfiii.i-i
, tiaeniim .... luiuum-,
ll.li.13ill.UT
n.niiiiu.w ccifjaou o.i:7iiu
.'ikOT 0.711(11.711
ti.TlS70.77 li,7:ifin.7.1 iltssj H.TI1
''.' ... ll.WIJill.St
ii.v,8ii.sT a.s.tfiii.84 n.i.-wi.s
aoosaui
JU -y.
m
Third Instalment on Anglo Loan
NEW YORK, Dec. 4.-A third Instal
ment, amounting In this cas? to 15 per
cent., has been called by the managers of
the Anglo-French loan from the 1100 de.
posltory banks, to be payable at the Na
tional City Bank on December 13. The
fir&t Instalment was for IS per cent.t pay
able November 15, and the eecond for CO,
payable November iS, so that a total pay
ment of CO per cent, of the entire Issue
ot 000,OCO,000 has now teen called from
Export Gasoline Advanced
NEW VOllK. Dec 4. The Standard Oil
"4tnpany of New York has advanced the
export price of gasoline 1 cent a gallon,
covering all grades and, all paqkages.
Phil idelphU $ H..TU.1.1.1 21.i.'t,i
lVton .... 53.ii78.uJ VJ .121.4:
New Yok.....tM f.'l.l.in,4i
101.1.
107 27,.1la.722
421 .'7.277.11.1
lOkS.ltT.k'Mu.'V
I'ltOl'OSAl.S
KAII.IiO.ll)
AbolUhment of
Chestnut Hill
THE PENNSYLVANIA
H COMPANY
Work appurtenant to tha
Crude 9roaIuga on the
uraucu.
Seuk'd proposdla for the work under the
following contract will Ixs received at the
olllcu of tl Chief Engineer, Hoam (107.
Iiroad Street Station, Philadelphia, until
December 17. 181.1. at I o'clock uooo.
Via: CONTIIACT NO. I FOR CHELTEN
AVENUE PASSENUEIt STATION -MOVING
AND ItAlSlNO PRESENT STBUC-
l'lsus, speclOcatlorai and blank forms for
bidding mav be obtained at the office of the
Chief Engineer. Room 007. Brojd Street
Station.
The right la reaerved by tbe FcDnaylvanla.
Railroad Company U reject any er nil blda,
A. C S1UND,
S. J3. TBMP1R Chief Eosweer.
Awwiaui, i'tue Kntiueir
Phila. & Reading R.R. Co.
Improvement 4s
Due April, 1947
V
j I'rlce an Aiuilleutlnu
IK4VUjHa UU? CAMlttUtt rUo
"tir7amtnf mrm - i ,,, . x:
.-..44
Tax Free in Pennsylvania
Penna. R. R, Cons. 4s
. IRK Al'C. 1. I960
I'arllculur- on opcllcullon.
A. B, LEACH & CO,
115 South Fourth Street
jiinccniKv or aitqcxtant!
. rt1llt, foblle Arrouniant.
i6 REAt. ESTAT8 ruvsi SiilSbwa-Btrt-vs
a. spsakman" e
"Co Poarso,
-J
-I
M
I
p
WA -