lfrkgm H g.-MfOBP gm r
i-f"'S'"-'rfi
P-'i'iUPiiiMB OMifJ"
Evening ledger phiIjAPElphia Wednesday, deoembeb s, 1915,
: i
15
FINANCIAL NEWS
OUTSIDE PUBLIC NOT HEAVILY
REPRUaJlilNTJJJlJ 1JN STUUlt DJUAblJNGS
I Large Amount of Shares Taken for Gash Midvale
Steel Jijpisoae a riu,er uisappoinc
ment Silver Strong
" NEW YORK, Dec. 8.
nlnna on the Stock Exchange nro still belnff carried on by the profes-
." . t fhUnnl nliiMAnt. tVin nntaldA mildln nn( hrttniy honvllv rntirA.
''""led In the tlenllnBa, except In nn Investment way. The nmount of stock
r ht for cash each day is very large. At tno start or. trauinB touay tnerc
U8ft continuation of the selling movement which began late yesterday, and
tV.15 . .11 ..I...... Via il.A timl l,la nna fnttiAV dlanrtnnlntlnfr in ttin
'HeS were on nil uiuh ; "- " .i.k- .
t as It had appeared that the main upward movement was to bo resumed,
Bat being a trndlng market, the reaction was entirely logical, both as to the
fllUQ .i..t ntttitlst ilnitittttfirtt Via a Vntrt an Hinrrtito-li Itf ttrnll titinwn
probably no irapuiuun i'"" u-"" "-" "" -" "-
. iu. afreet In advance as was the President's message. People who bought
'" . 8 m lne inttcr part of last week let them go yesterday, and the small specu
f 7.. im sold out at the low prices last week eagerly rushed In and took them
iwk when the trend appeared to them to bo upward.
pa , ..H uinol in tnnkn n now hloh mark throtish thn 88 lino tirob.
Tne iniiuic- i .-- - --- "--
blv had more to do with unsettling sentiment than any other ono factor,
creel has made a tremendous "line" at the present lovcl. On November 1
list the stock first sold at 88-li. It has been In these latitudes ever since, cross-
iBnir 88 Oil two uwiui ""'"'""" "" " - - - --
' ail t .t... ...... 1n.ini ...1,11.. ntliArlni. a t ,a, rrt 1, ?tf nnntlin
hjlldUlng US POSUIOH "1 U IJIfOCIII. ,tici . ...... v., ,(, o.. V...P,... ,.. w......
upward spring. Consequently, every time It crossed 88 the assumption was
ir 'xjt ln6 pnmbllng was more substantial. Therefore, when the stock "went
V- through 88 yesterday the Street at once jumped to the conclusion that the
long-heralded move through 80 was under way.
'''' Disappointment was correspondingly keon when very heavy selling forced
!? (hc prjcc back. As noon ns it was obvious that tho stock was hesitating at
88W t'10 whole trndlng element Immediately took tho short side again, and
v ii selling became general for both accounts. While tho failure of Steel
'J&P , get through Its old line may have a largo scntlmenal Importance with
the trading element tne way it nas maintained iiseir. in mis icvei, rrom tno
broad point of view cannot be regarded as otherwise than extraordinary. As
a bull argument, the fact that tho corporation will offer stock to Its employes
after Its usunl fashion next Jnnunry should offset any unfavorable considera
tions, it Is the custom of tho corporation to permit Us employes to sub
scribe to the stock at a tillght reduction from he currcn market price. If
the corporation does so now it will suggest a belief on tho part of the man
agement In the pcrmnnoncy of tho factors responsible for tho present price level.
Ontario Silver, Untopllns Mining and several other small fUocks which have
been knocking about the Street for years have developed a very strong market
In response to tho tIbo In silver. This rise In silver metal Is appearing due
.to something moro than mere lnllatlonnry Influences. Tho prospects for a
more extensive use of silver In tho currencies of continental Europe from
now on appear to bo well based. Somo authorities say that It will bo a
generation before continental Europe gets back on, tho gold baslB obtaining
before the war.
'The market becamo strong and active In the afternoon session, with sharp
gains In many Issues. General Motors, which had lost seven points In tho morn
ing, regained the lass and 19 points more, hitting a new high mnrk. Stude
baker also became strong, gaining 10 points, while many other Issues scored good
advances. The great rlso In General Motors possesses an academic Interest for
jt, tho speculative community generally. But actual Interest In It Is, of course,
small.
R.1....... I.nn V.AA. . n f..nl. lYiaftfAl allied ft .1 AAn Im Tl.llil.ltitn. Dln.1 H
y AlltriU IIUJI UTJVII liw . .;... ..,.. nwb nun un awn 111 UV WIIUllC'lll OtWl HIS
soon as the stock began to appeal to the public imagination. The peoplo who
Sc" have been buying in these levels are peoplo who know what they art doing.
L Rumors of deals of various kinds, such aa nn absorption of the Chovrolct,
I lmvn Impn flnnlnl In resrionsiblc nuarters. It is Intimated, hnwnvnr thni onmn
kind of a readjustment of tho capital so that it shall be moro in proportion
to tho earnings Is in contemplation. Tho market finished the day strong.
New York Stock Sales
lH close. Hlh. Ijw. Closfc
Alaska Jnnenn 10!i KM 10 10
AlMk Oold M 23U 21 23 23
AlUi-Cfulmcri Mf.... 32H S3H 3l!( 32H
Allls-Chalm Mfc pf... 82 82U 81?i 82!
Am Ae Chemical,...., 72K 72 72 72
Am Beet Sugar 7U 72 70W 2
AmCan 01! 61!. f0! 01H
AmCanpf,.., 112J4 112 112 112
Am Car & Foundry..., 82 81Jf SOX 81!
Am Coal Product! US 160 147J1 149!
Am Express 128!f 128 123 128
Am Hide A Leather.... 11 11 10) 10!f
Am Hide A h pf..... B2H 62 61H 62
Am Ice Securities 20H 2(M 2051 20M
Am Locomotlre 7n 7nl 68' 70)4
Am Icomotlre pf 102H 102H 102) 102M
Am Smelt & Kef 09 09 OSVi 09W
Am EmaltcrsrfA 00 00 00 90
Am Steel Foundries... 01 03H S2H 03M
Am Ruear Itef U7M 118 117X 117H
Am Tel A Tel 128X 129X 128 12SJ4
AmTobpfnew 108U 109 100 109.
Am Woolen tr r 60 nOU 40M 40)f
Am Woolen pf tr r. ... 07$ 08 OS OS
Anaconda Copper. 87? 87H 80H 87H
Assets Ilcallratlon 10 10 10 10
Associated Oil 00 60 00 00
AkhTASF 107 107 100 107
Alch T A S F pf tom 10W 101H 101K
Atlantic Coast Lino.... 115H 115 11B 115
Haldwtn Loco 110U I17)f 114U 110
llaldnln Loco pf 112 112 112 112
Iialttmore A Ohio Bllf 04)1 03'f 3t
Ilalllmore A O pf 77J 771j 77 77.lt
Dank of Commerce.... 177)5 178 170 178
Itatopllas Mining..;... 2J 2SX 2l 2M
Hethlehcm Steel 470 4S0 408)4 4 69H
licmichem Steel pf. ... 1G0J4 100 160 100
Brooklyn Kap Tr mH 'JO'f
urown Shoopr VSH
llrunslck Tetm 13H
Burns Brothers 81
Butto A Superior 721S
Cal rctrolcum 27J"
wai retroicum pr 07
08
14
81
72
27! i
67
89J
03
13U
81
711i
27! i
67
Canadian faclne 18,'llj 183)4 18.'
00)4
..111)
. 63)4
.. 25)4
. t,lH
. 164
. SOU
04 H
WHEAT LOWER;
LONGS SELLERS
Many Private Reports Indi
cated Winter Area Was
Much Smaller
CHICAGO, Dec. 8. Wheat surTored a
further eetback today, with sentiment
nervous and price changes erratic. The
volume of business was far less than
that of yesterday. There was selling by
who missed tho bis bulge on Tuesday and
who took cognlznnco of tho absence of a
demand from abroad..
Thcro were many private reports pub
lished, Indicating that the area seeded to
wheat this fall was much loss than that
of last year. There were rallies at times,
scattered buying .by commission houses
and outsldo Investment orders putting
prices above yesterday's. December sell
ing at 11.17! and Mny at H.lSi, but from
this level tho market weakened again,
finishing at ILli for December, against
11.16H at the end yesterday, and atSl.lGTi
for May, compared with J1.17S, yester
day's final price.
Todays' low points were Jl.HVi for De
cember and Jl.167 for May. Tho Ohio
report for December made the condition
of wheat 86, against 97 last December and
1.03 last July. Reports from tho north
weit said that country offerings were
larger than for somo time, , and a dis
patch from Winnipeg stated that stocks
In Interior elevatorB were 41.0C3.HO bushols.
The Price Current report was bullish. It
put the area of winter wheat around
35,000,000 acres, a Iobs of 15 per cent, from
that of last year. Tho greatest decrease
la In the soft winter wheat States, where
It averages 25 per cent.
The market at Liverpool was affected
by the setback hero and favorable reporta
from Areontlna, which caused pressure.
Spot declined 1 to Hid. and Manitoba's
Ed to Is. British Interests took a more
hopeful view of tho supply situation, fol
lowing Armour's figures on tho quantity
of mlllable wheat In tho United States.
Liidlng futures ranted as follows
Noon.
wntat- Open.
pmter i.iau
May 1.11
torn mew ceuteryj
pweraber
uay .,
0ti
December
May
lrd
l)cmber
Jmiry
Hay .;.....,.
Dmbr .....
"nary
May ,,,
Perk
PMimber HurVLi:.::::
Bid. tAiked.
43
43
lllxh.
1.1TW
1.18$'
ISO!
43;
48H
Ytafd'a
Low. cioae.
l.ltl
1.17
... D.D2
...10.20
10.00
10.30
1.1a?;
I.IT',1
ess
172)1
o.eo
0.82
10.20 U0.13
8ft
43
45
0.02
...10.07 '10.12
. . .10.30 10.33
10.0T
10.30
10.03
10.02
10.2S
..MUM
. .,18.0.1
...1S.T2
17.13
18.03
'18.82
18.05 U6.00
18.80 18.37
18.72 '18.60
New York Bond Sales
I2O0O Ada ma Hxprcti 4a.
:iO0O Arnor Agr dob C. ,
huw Am ICO um.
High. Low. CIoko.
..82 82 82
.. IMI'4 liilti, iiil't
8 3
LESS COTTON GINNED
WASHINGTON, Dec. 8.-A report Issued
by the Census Bureau of the Department
of Commerce today Bhows 9,711,453 bales
cotton, counting round as half bales,
tinned from the growth of 1915 to De
cember 1. compared with 13.073,356 for 19U
and H,053,412 for 1913. Round bales in
cluded this year 83.341, compared with 39.
BS for 1911 and 86,878 for 1913. Sea Island
Included 77.161 for 1915; 63,021 for lDll and
M.0B for 1913.
NEW YORK COFFEE MARKET
&?r?T .Y0JK; De. B.-Prlce chanarea ln( the
"vaet (or coffee future al tba opening today
., Irrilar and deallnga wera on a amaller
acala. Quoiatlonn follow:
K lS"nbr .
asa-:::::::::
ir Aurtia '"!
m oSit?'' r:.';:::;::::: u.'oofte.o3
a uctober u.WflT.00
Today
opening-
I'sloi
I'i'io
I'i'ii
Teaterday'a
closo
COtiStf.M
auifto.eu
B.fOilfl.71
0.71KII.7.I
B.734S0.73
0.7JiHM
U.81ll.$.i
B.SGfiil.8.3
e.wiinw)
U.UOUH.UL'
u.wau.ia
Liverpool Cotton
.Yfi?.0?1" Dec. 8.-Cotton. cloae: Janu
l7tn4.,F'1ruary' T.OlHd.! March and April,
taw VfA,"J Jun 7.40d.; July and Au
fl. TJJJid., October and November. a0Vid.
BANK CLEARINGS
Bank flnt.t..- ..... .......
Mart nm '.I. J it", 'r"' wl"rsa "" WIH-
'- - w av io arcani
20000 Halt & Ohio aw o:i
4.VM Italt & Ohio 4a Uli
10H0OO llalt & Ohio CV 4Hs. . . 07(4
.'WOO llalt A O Hwn ;lis... 02
2OU0 lleth Steel lat Ss 102U
v 7000 lleth ateel rtd On 101
1000 llrook Up Tr 6a 1018. .lOOAi
:i(KM Cal Qaa & nice Aa... mV,
0000 Cent Leather lat 8a...l0oli
1000 Cent I'uc lat 4a lOOTi
4000 Cent 11 II f J fia 113.
22000 Chill Copper 7a ll
14000 Chos & Ohio cv 4Hu.. 87i
MHKl Chi at Wdt 4a 74 L
IHKMM) Chi 11 & Q joint 4a..,. VHU.
IIOO0O Chi II & Q gen 4s.... UlCJ
2000 Chi 71 & Q 111 la...;.. 113
37000 Chi M & ?t I' gen 4n.. 03H
1000 Chi M & St I dlv 4a.. (P2Vi
1001) Chi Mil Ht V cv 3.107
3000 Cht M & St r cv 4'.5a.ini'4
3000 Col & .South 1st 4s.... 01
1000 Cuban-Am M Us 101
2000 Del At Hurl 4a 1010. ..100W
400( Dt fe'ecur Corp 3h.... 71U
103000 Krlo ronr 4a Ser II... 84 'i
2UUO Krle prior 4a SIM
3000 lien Eloc 3 103U
2OI0 Hud A Man In 5 UOt
tHOO do rfd 3a 731a
20i III Steel deb 4K 02
lixiO Iowa Central 3a 00
JIODO lna Copper ov () ISO
:ai Intcrb Met 4Ua 11
203000 Interb n T ref Ba I)04s
720Jil Int Mer Mar ct 4H... lVi
20000 Jap new a S 4Ha 74,
13i)0 Japanese new 4a 7u
2.VXO K H Ft 8 A M 4a 78
1UXI Kan City So lat Ha 70ft
UXt do 3a 04
1000 !.acka Steel .V 1023... DHVi
1700O do 3a 11)30 IXI
ICO Irlllarrt 3a 101K
1000 Lou Nash ABM 4s.. 10
0SO0O Mo Kan A T lat 4s.. 80
1000 Mo Kan A T 2d 4s. . . 37
30110 Mo l'HCltlc Us IOIIVj
ailOO Nat Tubo 3 101
1000 N Y Air Drake cvt Us. 10.1J1
040OO N Y Cent Oa 110',;
3000 N Y C-M C col JUJa. . 8,1
1000 N Y U A Hud 4a 02
11000 N Y C A Hud 4V)s KIM
BOOO N Y City 4s 103.S ORt?
13000 N Y City 4Ua 1003. . .10tl
2(iuo i n ii a ii
4000
300(1
inno
finno Norf A West cv 4H.10S
(isooo Nor I'ae prior 4a KIK
70CO Nor rac gen as
2000 do reg
:mx roco coil 3s
4000 Pa gen ct 4V4
1WKS) Reading gen 4a
11000 Hep Ir A S 3s
20CO Rock Island 4s
1101)0 Rock Island rfd 4a. .
1000 St Louis Swn 1st 4a
3000 Seaboard A 1. ad) Bs
5000 South Hell Ba
soooo South Pae cv 4.....
23000 do cv ret f. p 3a..
430O South Pac rid 4s. . . .
3000 south Hwy gen 4s...
2000 South Hwy con 5a. .,
5000 Third Ava adl 5a...
1000 Tol Po A W 4a...
llnoo II S Bteel 3a.......
rwuu union i-ac sv
80u0 Va Car chm Oa..
7000 waDasn sa os..
li:l
01?
1)7
02
10214
101
loos
.mm
107
101U
01S
101 C
100W
71 ?
Mn
M'.i
103
aiiji
73
oi4i
Cent Ijeathet Co.
Cent Leather Co pf. .
Chesapeake & Ohio..
Chile Copper
Chlno Copper
Chi (It West
ChlOt Wcstpf
Chi Mil A, Ht Paul..
C it Jl St 1 pf
C St P M ft 0 pf .
LIU II I ft Pac
Cluctt Pea Co....
Colorado Kuel & I . . .
Comp Tab Itcc
Conllnental Can
Consolidated Oaa....
Corn Prod Iter
Corn Prod Itef pf...,
Crucible Steel
Crucible Sleel pf. . . .
Cuban-Am Suzar
Delaware & Hudson.
Dfn & Itlo Or pf. ...
Detroit Kdlion
Distillers' Socutltics.
Dome Mines
Erie
Krlo 1st pf
Gen Chemical
General Electric
General Motors
General Motors prof.
Grcenc-Cananca
Goodrich 11 F Co...
Goodrich D P Co pf...U2
Great Northern prof. ..127
Gt N cfs for oro prop. 49)
QuEcenhclm Expln .. 78
Illinois Central
Int Agricultural 25 21
Int Agricultural pref . . CO 5!)f
Inter Con Corp 22 22X
Inter Con Corp pref. . 70U 80
Int Harvester Jf J....110H 112
Int Harvester Corp,... 80 81
Inspiration Copper..,. 45 46H
IntM M pf cf dp O-IH OnJf
Int Nickel 103J.
International Paper pf. 47
Kansas City Southern. 32W
Kansas City So pf. . . . 04
Lack Slcoi 82K
Lehlch Valley 82H
Llgcctt & Myers 232
Llcsctt & Myers pf....l20
Louis & Nash
May Dept Stores..,
May Dept Stores pf,
Matwell Motors...-.
Max Motors 1st pi. ...101
HOll
OS 14
81
72
27H
fi7
18,'IU
COM 60JJ COJi
uoh noli now
MM 0.1 ftllj
23 24JS '2Vi
53" i
13f
39
0.1'f
35
1515
39
OHf
OJlt
13M
30! i
0411
.13351 132K 1.12J. 132!f
...130f 133 135 133
... l!)!t l!f 10U 19U
... 73JJ 73! 73 73
... fiUi 52!f 51 51!
...43 43 43 43
... 00H BOH 89 89
...143H 143M 142 143
... 18) i 18)1 18H 1SX
... 89 00 90 00
.. 71 7IH 72U 74)4
...HHj 111U 1UH lllii
...ir,o ion 105 ioo
,151; 152 152 152
. 20K 20 29 29
.132H 13US 131M 131M
, -17J4 48)i 40 48
. 29) i 20.U 28 28 J i
. 44 43JX
. 5S) 68H
.315)4' 315
,170'X 177
.521 510
.123
43) i
53
315
im
73M
431
57K
315
175H 177
618 5-10
128)4 123 128)4
44M 44 4U,
74!f 72! 74)4
112)4 112)4 11214
120)t' 120 120)4
49)4 -I81J
77H 77
10SU 108M 109
21
SO),
22
70J4
19)4
7714
103
24
SOW
22H
80
UOH 112
81 81
44)4 45
air oo)f
108 103 108
mi mi 40! (
32J4 31 J4 32)4
03)4 0354 ftX'4
82)1 8Uf 82
82)f 8H4 81J4
255)4 255 255)4
120 110)4 HOW
130 130)4-130 130)4
. 01 0114 01 01
.100)4 100)4 105J4 100)4
0)4 77)4 73)4 77)4
101M 100)4 101M
5S!f 50 58
15V4 15) I5)f
35)4 34)4 34)4
Max Motors 2d pf.... 57)4
Minn & St Louh 15
Minn Hi Kt Loull pf... 30
Mexican Petroleum.... 03 01 02)4 03 J4
M ex Petroleum pf DHf 05)4 OStf 05M
Mo Kan & Texas 7)4 74 7)4 714
Miami Copper 31 3-1 34 31
Missouri Pacinc 5J4 5T4 5)4 5J4
Montana Tower 75 70)4 74f 70
Montana Tower pf ....114 111)4 111H HIM
Nat Cloak & Suit SO 80 80 80
Nat Enamel 8 30 30)f 29 30M
Nat Enamel Spf.... 00 07 OOlf 00M
Nat Lead C5M 05 05 05
Nevada Con Copper... 10)4 10)4 10)1" 10 Jf
New York Air Drake.. 137)4 138 137 13S
KYNIUII 751 75'f 74)4 75).
New York Central ... .10314 101)4 103)4 103)4
N V 0 & West 31 31 31 31
Norfolk & Western.... 120H 120)4 119U 120
North American 75 75 74)4 74H
Northorn Pacific 11U15 117 115 117
7Ji U54
10 10)4
4414 45)4
69M
13!f
35M
Ontario Sll M ,
Pacinc Mall
PaclflcTcl A Tel
Penna 11 It
Peoria Eastern
Pittsburgh Coal
Pittsburgh Coal pref. .
Pressed Steel Car
Pressed Steel Car pf... 105)4 105
Its' Stool Spring -16)1 40
8
0J4
44)4
59
13)4
34)4
108M 10S14 107!1 108)4
05 05!J 01), 05)4
105
15
69)4
1314
35
9J4
10)4
45
50)4
13)4
35
H reg da. 118
(V.H
1114
lOOt!
S3I..
(17 Ji
70K
70
no;
. . H1114
,.lOdj
.. 70H
..102
:: 33?
..101H
,. OTM
..lonu
mi
USJi
Mil
Si!
OilH
$Z
Jo
(101
0
loa
oo
24001 Wab Equ ct 4a fn..,.1045?
WXW Vab.P lat ct 4a. . . IS
2000 Weat Md lat 4a 73
SOOO West Shore 4s 81
Financial Briefs
rwiadelphU 138,120,183 23,72.'273 I23.W7.U9 of Rapid Transit,
Some wide advance were scored at the
auction sale of securities today, some
of which were as follows; Northwestern
National Bank. 13; Commercial Trust
Company. 15: John B. Stetson common.
19i- Glrard Fire and Marine Insurance.
Us Belmont Trust, IVii Writ National
BanH was down 10.
Following the regular meeting of the
Pennsylvania Hallroad directors today, It
was announced there was nothing to give
out.
The Electrlo Boat Company declared an
extra dividend of 15 per cent, on both the
common and preferred stocks for the year
ending December 31. 1915 payable De
cember 31 to stock of record December 21.
The Submarine Boat Corporation de
elated an Initial quarterly dividend of
JIM per Bhare, payable January 15 to
stock of record December 31.
The New Vork banks gained from the
Subtreasury yesterday $7,000, and since
last Friday J3.213.om
Thomas S. Gates was elected a director
of the Insurance Company of North
America In place of the late Nathan
Trotter.
An extra dividend of 1 per cent, was
declared by the Savoy Oil Company.
a. A. Huhn & Sons were Urge buyers
105
45
25)4
82
42)4
55)4
110
V,
2)4
5 5 5
45 45 45
4054 40)4 40)4
IbO 177)4 180
GO 01)4 UU
OSM OSM 9S)i
149)4 149)4 149)4
108)4 10S!4 108)4
..10014 10114 100)4 101!.
24 23)4 23)4 23)4
Hay Con Copper 25)4 25J4 25M
Readlnit 82 82)4 81)4
Readme 1st pref 42)4 42)4 42)4
Rep Iron & Steel 53)4 55)4 53
Rep Iron & Steel pf...H0 110)5 110
Hock Islam! Co pre!.., U U H
Rumely M Co 3 3M 2M
St Louis & S K 5
St L Southwest pr 45)4
Seaboard Air Line pf. . 40)4
Sears Hoe A Co 179
Sloss-Snof S A I Co-. . 05
Sloss-Shef S & I pf . . . . 09
So Porto It Sucar 150
So Porto It Bus pf.,.,110
Southern racliic. ..
Southern Hallway.
FOREIGN EXCHANGE
Yea.
filerllnr !II.h, I-ow. f.at. Cleae.
Coblea 1.7814 " ! "'
Demand.., 4.11J4, 4.714 Ul"!. 4.71',,
Franca
Cabled..... 8.(16 SMVt &Wt
Demand... 8.S7V4 S.7Vs B.87',4 S.tV4
Mark
Cable. 79V, 784 70V, ".
Demand... 79i4 70 70V4 79
LONDON STOCKS'
HOPEFUL TONE
RAY OF PEACE
Condition Ascribed by
Many That End of the
War Is Near
, 02)4 (I2M 02 0:
. 81 82)4 82)4 82)4
. 83M 82 82 82
.150M 170)4 158 170)4
...111)4 113 112)4 113
...58 58)4 57M 57)4
...212)4 215 211 215
01)4 01)4 01)4 0U4
0311
7)4
SO
7)4
29
0)4
07
8)4
88)4
7)4
27)4
0)4
05)4
7S4
SO
7)4
29
0)4
05),
7)4
89
7)4
29
0)4
United Ris Invest-,
United Rys Invest pf. .
U S Cast Iron P & F.
U S Realty A Imp. .. .
U S Rubber..
Sales in Philadelphia
20 Alll Chalm
:io Amor Milling..
SI Am .Hallway.
t . Am i.oco ... ,
1S0M Cumbria Steel
121 Kiee Ktorase
100 Krlo
h lien .inpn rrer
Tea. close. High. Ley. Close,
.554
iv
...... 71'4
Heel. . ToJ
te ... 6M4
i
nrf. T.1&4
10 I.nkn Sup Corp. l
12 I-ehlgh Nv ... 7PS
0 Ionian Val Tr. 18S
EXCHANGE IMPROVES
By FRANCIS W. HIRST
Editor London nconomlat.
Special Cotle Dljialeh to Evtntng l.tiotr
LONDON, Dec. 8. Tho contldcnt under
tone of the Stock Exchange must be
nicrlbed to the belief held by mnny prom
inent members thnt tho end of tho wnr
on satisfactory tcrma mny be approach
ing. A cable measano from America In
dicating Ocrmnn wllllnRtiesn to compro
mise over Alsnco-Lorralno lins mnde n
marked Impression. Helglnn Independ
ence, Polish autonomy and tho permanent
nettlcment of the Alsace-Lorraine ques
tion take n foremost place.
Few seriously hope by the British action
to pacify tho Ilnlkans or Induce tho Dal
kn. rncen to embrace n perpetual pence.
Constantinople as n free port would plcnse
our commercial classes. Tho German
Austrian cttstoms union Is harmless. An
International gunrnntco to small Statos
should, however, bo conditioned by n low
tariff. Discussion of this point Is emi
nently desirable.
The Improvement of American exchange
gives satisfaction, ns docs tho strength
of the American mnrkcts. Tho Idea of
n nnmnn nnrv lonn lor nil intuiiiu t
navel s Is cnlnlng ground, but the
culty of compelling the poorer
to savo uppears Insuperable.
Ilrltlnh exports far the Inst month look
remarkably good and prove the wonder
ful vigor of our home population. Doubt
less unfavorable exchanges liavo stimu
lated exports, and Blocks may have beer,
drawn upon.
SECURITIES AT AUCTION
Tho follnwlne securities were sold at auction
lonuy uy nuniw ... .... -
SOS do pref
t Lit Schuylkill.
20 N Penna
8.12 Tcnna n II....
OS I SAlt Mfg....
33.1 I'hlln Kleo . . . .
f,0 l It T
12a do tr ctrs
HI Phlla Trae ...
110 Iteo I & S ...
GSt Heading SI
300 Foulh Kwy . . . .
725 Ton Me Imont . .
R50 Ton Mining . .
IS11T Union ITae . . .
l.'W IT (I I
3810 It H Bteol
10 Warwick I A 9.
23 V Jer ABB..
70 W N V A 1' ..
.TO
M
J4
28
in
inn
78'4
4(V,
8SJ,
suit
tow
10
ILt
3?H
7?U
Cl
Ik
BS
m
MJ4
P0V4
21
20H
201,
70
MH
82VI
23 Vi
,v, 0.1
no ao
-o ;oji
7lS 7.1
u-sU tw,,
k :sfe
i8 18
3S 3S
IW
.n m
u mi,
t 1'9'4
28
20H
207.
70
MW
S2
nt.
P8'
29
20
ten
70
35' t
8l'a
9.1 tfc
4 11-in 4',4
0 lo-l'l u w-iu
47!4 40i 47ii
son
leu
CO 4
10
ftSJ,
874
10(4
OOVi
10
S?8
im,
r.o'.f,
10
Tolnl aalea, 10,M9 shores, compared with
11,077 nhsres Trsterdnri thus far thl week,
188,1(17 hnre some period It eek, 181,
18(1 chare.
nONDS.
Laatprev.
eale. High
IM Am (1 1 Kl .la.. fl
2iwi lleth Hterl C...120
18 C S sen May '17.102
tu ., tyt. tul? mi
rooo City 4 1914 ...
UHi Intorstato ity 4a 38
(WOO l.eli v gen -iH.lol
1000 Leh Val CI Ba-.tOSJi
3.I0OD I'a grn 41i 10(l't
100O Pro I'nss T C 4a M
200 l'Mla El ..... 10l'-i
3000 Itdg rr Is.... II..'.
1000 Bph-,fm I C 10-
sn
120
101 Ji
101 5
W2,
3Hj,
llll
Kl
1-V
IK!
Low. Cloe.
S8 8H
120 120
101, lutj-i
l(ttt 102U
1(14 IM,
losV wU
l(lt(, nn
ioh mm
11.1 111
102 102
Tolnl sales, 33,83(1, eompsred with $101,
023 yesterday) thin for thla week, 25fl,IUIt
same period Insl week, $500,731,
Asked
1.12
.03
.13
dlffl-
MINING STOCK QUOTATIONS
TOSOI'AH STOCKS.
nid
Jim Itutler L'P,
MacNiimara VJ
Midway AS
Mlapah Kxtenslon -'
.111
4Vi
7
.0
.St
COLDFlIiLD STOCKS.
3
MontAnn
Northern Rtar ....
Tonopnh llclmont .
Tonopnh i:tenslon
Tonopnh Mining ..
llescim F.ula
West End
Atlanta
III110 Hull
llooth
nultdoe
C O 1) ....
Comlilnntlon Krnctlon
Dlumnndneld II II
Daisy
nlnRRnd I llorrllCO
cinssos ()0(lnoll, con.oiidated
noldtleld .Merger
Jumlm Rxtcnslon
Kownuas
Oro
Knml Krn
Silver l'lck
lln-na A l.nll.1flll!
24 shs. rhiln. lloursc com.; mr ,... ;
23 shs. Sanitary Co. of America prsr.,
iw
13
J'.OOO "oyatono 'Mining n'n'cl Msnufucturlng
IV., llenderBm. Ky.. 3 per cent..
IBl miSW.. tuuywuo .,-...
l,er. due 1113(1 '..;,, '
$0000 Clover Leaf Coal Mining Co.. llllla
toro. 111., 0 per cent., first lutge..
coupona Januury and July, due
13 shs. Oirard''Nut.''l'l!ii'k;''pnr jioo. . .. . .333
30 hs. 1-lirmcrs unci Mcclianlca' National
Dank; par JIOO........... -3V4
3 ahs. National llnnk of Northern Lib
erties: par $UO .".-'"
30 thn. First National Itank, I'hlUdel-
phla, l'a.; par J100 i'1"
r. shs. Mutual Trust Co.; pnr 30 J3
111 rha. Philadelphia Wnrehouslng and
Cold Storage Co.; par 10n
0ono Ctnte of Mlchncl Olbbona, ae
f .000 tJa,,,e(, lliJ),rlc,allI1B certlllcntca. .. 00
$1000 Wlnthrop Uuhlgren, (I per cent., es
tate bonds. January 23 nnd July
23. due July 23. 11)14 ::.," -
20 she. llestonvllle. Mantua and lair
mount 1'iiraenger Ilwy. Co. com..
3 shs.PYleston'v'lilV." 'Mantua' 'niid Fylr
mount 1'usseiiKCr Itwy. Co. pref.;
.,Hr j-,0 w
11 shs. Lumbermen's Ins. Co.; par ..100
mr flto '
3 nhs. Ilelmont Trust Co.; par ;".
1 sh. Fidelity Truat Co.; Pr 100..
J hs. Quariintco Trust and Safe
posil 1.-0,; par w. ....
5 shs. Quaranteo Trust and
posit Co.; par $UO
n -t. t.-I.A t.mplnttiin......
3 nhs. 1'hllo. Trust Co.; par JIM)
1 sli. Provident i.uo
par $1(K)
3 shs. Provident Life
pnr 10n
7 shs. Provident Life
pur S10O ;
5 shs. 'L'nlted Security
01
311
02
03
nn
04
04
33
lk
Ill
1.17
24
03
07
07
MISCELLANEOUS.
Kelrv Alloc ....
Klmberly
Nevada Hill
Nevada Wonder
.01
.02
...1.83
.34
.IS
4,
.10
.81
.24
.03
.11
.III
.03
.(IS
.(13
.03
.:it
13-UI
.is
1.20
.23
.III)
.(VI
.OS
CAMBRIA STEEL COMPLICATIONS
STILL STIRRING THE STREET
Local Financial District Full of Rumors Heavy Buy
ing of the Tractions Lifted Them to New
High Levels for the Year
Ileports of a hitch In tho Cambria Steel
deal tvero current In the local financial
district today, but as no actual fncta re
garding any combination whatsoever have
as yet been forthcoming, tho Street was
hot greatly flustered oy the news. The
name of Frank A. Vnnderllp Is now fig
uring In tho Cambria rumors. Accord
ing to dispatches from Pittsburgh, the
National City Hank of Now Vork Inter
ests have been tho buyers of Cambria In
the open market of late and have also ar
ranged to take over the 240,010 shares of
slock owned by the Itcplogle group at
S0 per share. It Is said tho Maryland
Steel Company will be purchased from
the Pennsylvania. Steel Company and
merged with the Youngstown Sheet and
Tube Company and Cambria. There arc
still somo people, however, who believe
the Cramp Shipbuilding Company will bo
Included.
This week final settlement will bo made
liy the Drexel-Hoplogte syndicate for the
block of Cambria stock purchased from
tho Pennsylvania Company. The price
paid was around $M per share, or a total
of approximately $14,400,000.
With regard to a change In control of
Cramps of a merger, it Is will to remem
ber that tho company's outstanding cap
ital Is $8,098,000, shares of par value of
$100. Of tho 60,980 shares issued 53,465
havo been deposited In tho voting trust
which was established In June, 1J03, bo
that even though a considerable W6ck of
stock lias been acquired recently by New
York Interests, both through private pur
chase from tho Cramp family and In the
open market, thcro Is not much chnnce
of swinging control of the property unless
tho voting trustees are dealt with or the
trust dissolved.
Todny on Chnngo Camorla was active
and rather weak nt Intervals, but met
support below 76. The real feature of the
market was the strength of the traction
Kroup. which was heavily bought, both
Itapld Transit and Union Traction making:
new high records for the year The chief
buying was by a house which formerly
used to figure largely In local traction af
fairs. In tho nrbltrago grodp tho general
tone was heavy, with some pressure In
United States Steel and Heading. Later ft
this was relloved and prices hardened all
around.
PHILADELPHIA MARKETS
GRAIN AND FLOUU
WltKAT.
-ltecelpts. 172,414 liush. Tho mar-
. . r... J-. ...........1 r.nm .,
wun lair Kiuii. .. -
porters nnd mllfcrs. Offerings were moderate.
Quotations: mr lots. In Mpnrt elevator: No.
e.,1. innl nn.l tjereinbor. ll.lWl.vi, no ..
southern rod. fl.KW1.lJ ,"tenijr No. 2 red,
I.IR(il.lT; No. 3 red, f.1.vpi 17: rejected A,
fl,12mn.l4i: rejected 11. xl.tHil.l.l.
ConN.-lteVelpts. l.VKl bush. Supplies were
small and prices ucro lc. higher, but tradawM
nulet. quotations: Car Iota for ocnl trade, a
to location-Western No. 2 yellow. fosle..
Western simmer yellow, TUIIMH-.; Western No.
n ATsl-HMe'lPts. 31.017, bush There .
fair Inquiry and prices ruled rteody under light
offerings, guotntlons: No. 2 white. 4np49'tc..
standard white. 47WT4c : No. 3 white, 4tl'i
4i47c: No, 4 white. 44jVt)4.Vr.; sample oats.
42flle.: purified olts. urnded, 4,4JC.
FI.OUH. Iteeelpis 3IW) bbls. nnd 2.0n.4.iO
Um. In Mcks. Icmi;tid was llsht and vatvies
.. .- AM..,.. ...n n.l fl.tiitii tlnnM ner lll(i IDS.
in wood Winter clear. ..13',...4I1: da.
slrolcht.
Kansas.
ntrnlgnt.
H3.30R3.73: do., patent.
clear, luto sacks, ,
Jute VncVs. $3.40f(n.i.O
S3.0SC10;
do,, patent,
tvifpnt. s...
cks. $3113.13; do..
NEW YOUK.CURB
Mid. Asked.
Safe
nnd
' nnd
nnd
Life
Trust
TTUBt
Trust
.403
.... 30
....710U
Do-
....IM
De-
....34ll(i
....733
Co.;
811
Co.;
Bll
Co.;
....843
Insurance
and Trust Co.; par 100. ......... .140
m .h. West Knd Trust Co.; par iuu....ii
:i.i nh. Camden Flro Insurnnco Associa-
C hs. CahiSen KlVo'lnsuranco Associa,
tlon; par 3 :...':::.'
11 shs. Olrard Fire ana Jiarino in.ur-
anco Co.: par 10O -10
1 kh. I'hlla. IJfn In. Co.; par lp. 10U
i slii. I'hlla. IJfn lna. Co.; par 1 10 ..... OU
shs l'enna. Ilro Ins. Co.; nnr J100...410
1 & Mlnehlll and .Hrhuylklll Haven
It. II, Co.; oar $30 "Hi
3 shs. John U. Stetson Co. com.: par
tOH 0.
110 shs. O Ian t Portland Cement Co. com.. 2!i
j000 Tcrro Haute, Indlanopolla and tast
cm Traction Co.. 3 per cent., nrst
and refundlnu mtRe., couponB April
and October, due 1IM3 03
tlOOO Scranton nnd Wllken-Ilarre Traction
Corporation. 0 per cent., collateral
ti-ust. coupona April and October,
due 11134 "
43000 Atlantic Coast niectrle It. II. Co,
r 3 per cent.. Hrst mtge.. Interest
Mov and November, due 1343 Oj',4
lilCOO North Snrlrnfleld Water Co.. 3 per
cent., flrst mtge.. coupons January
and July, due 1ft2S 82
1500 8prlnxflId Consolidated Water Co..
3 per cent., first mto.. courons
May and November, due Iti.VI S1V,
500 flprlngneld Consolidated Water Co..
3 rer cent., nrst mtae., coupons
May nnd November, due 105S 81 55
2 shs. Commercial Trust 303
10H
10V4
American Zinc
Urnde.11 : ;
llrltHli-Amerlcnn Tolncco old..
llrttlsh-Anicrlcan Tobacco new.
Cor Ught ;,,.:
ColdHeld Consolidated
Hendee Manufacturing
International Marino
International Marine prer
Kenc't Copper
I-hlKh Volley Coal bales
Magma Copper
Midvale
Nlplsslng
OtlB F.lcvnlor
Otta Elovntor pref
1'enn Mnr Ord
Illker-llcgeman
HterlliiK Oum
Submarlno
Tobocco Products
United I'roMt new
World FtlM
Yukon Cold
Ex dividend.
(in 'i "0
13', 1(1
14 1 13'.i
13 13a
7U 7jv,
V J."
30 32
111?, in
(CI (H
r.2K m
KO 82
7.3 72!i
7lb 73''
P2 114
aili 0214
r.i.i a
2H 2S
44Hl 43
31 33
li 1"
4 4U
2i 3
MIDVALE TO EXPAND
Company Will Spend $6,000,000
Improvements
i Ity mills, regular
.-!.lWiM,
' imitriit, ".-
i.r t,rni.,s winter.
straight. 3.Migft.7Bi
weighing 3 lbs. apiece and under, 13T14o.t
nni heavy fowls, In barrels, fnncj-i, weighing
miK.'t'.H .,,. -:--.
4ih.-. i,s. niaere it.-.
smaller sliea. 12Xjllc.; old roosters, , ""
Plekwl. I3M,e., chickens-Jersey, fancy broiler,
!titHi oilier nenrby fancy brpl era. 24c.:
.....-- ,...n... L-nllilnfr 11t,fi!2 11,9. SDleCS.
,,
and
upward
Kouthern Ity pf-
Standard Mllllne,...
6tandard MllUn: pf. ,
Studebaker t'o. . .
Studebaker Co pf
Tenn Copper.
Texas Co
Third Avenue
Tln City Kap Tr. .
Toledo St L & W...
Underwood Type....
Union Has & Paper.
Union Bas- & P pf . .
United Char Store.
Union raclfle 13SH 138H 137U 138j
Union I'acUlc pf 83 83 8,1 81
Unital Fruit 115 14'JJi llltf 1181f
U S Ind Alcohol 122)j 12-JW 110 1215
?3 :;jji Ji)i -'Hi
iOH 40!i 402 40H
251 25 25 25
42!$ 42 42 42
5511 55)f 54U 55
irs iinhber lit tf....l08U 10814 108H lOSSi
UBSteel mt 87H 80H 871f
U8Steelpf 118 IWi HOlf 11611
UB Express 47H 48 47 48
Utah Copper 80 SOU 70 8051
Va-Cir Chem 47 47 47 47
Va Iron Coal & 0 631, 02! 62 62,
Wabash 1 16K 18K 15K 10
Wabash pf A w 1 4QH 4811 45J. 48;(
WabashpfBwl 20J( 201i 29 29
Wells Fareo Eipress.,.i:l 130 130 130
Western Union Tol.... 88 b9)f SS 89)f
Westloshouse E & M,. 60 6'JH 6SH C9H
wtin"house 1st Df... 765f 78H 7SM 78H
Western Maryland.,.. 32U 32X 32H 32)
Wheel A Uks Erie.,.. 5 5U 5 51(
WUlys OrerUnd 214H 240 240 240
WUlys Overland pf,.,.113J, 114 1131J 114
WooUorth F W Co., .lis 118 118 118
Quoted ex dividend.
Receiver tor Inland Castings Co.
TEBBE HAUTE, Ind., Dec. 8. The In
land Steel Castings Company, a 150,000
corporation, bas been placed In the hands
of receivers, on petition of the Standard
VhceI Company.
LIVE STOCK QUOTATIONS
CHICAGO. Dec. R.-H0O3-Iecelnts. 43 000.
Market 10813c. higher. Jllsed and butchers.
Iil0."u.83: good heavy. Jil.43Hi1.N3: rough
heavy HUIWIH.-IS: aht. S3.78tHl.7U: pigs, $SW
6.33: bulk. Jil.3MliI.75. o
CATTI.E-Hecelnts, 1S.00O Market aJ'Tdv.
neeves. Il.23ffl0.73: rows and heifers. S3.339
813- Texans. IH.S0SR.33: calves. .R08 10.23.
'SHEEP llecelptk, 18,000. Market steady.
Native and Western. W.230.50: lambs. Id.23tp
0.2S.
NEW YORK IlUTTEIt AND EGGS
NEW YOI1K, Dec. S.-Tll'TTEIl.-Market ,
uteady: receipts, 30.VI packuges; extra, 33Vi4?
3ilc.: higher scoring. :iii437e.: KUte dairy.
32rt33e.; Imitation creamery. 23021c.
IHiaB. Market Arm: receipts. 1(1.144 cases;
extra firsts. 37i3Ko.. firsts. 33B.inc.; nearby
whites, 30i32c; mixed color, 3340c.; refrig
erator first. 2lti23ltC.; ncarbj niowna, loai-le.
OHIcIal announcement was made today
that thn Mldrule Stcol nnd Ordnance
Coinnanv has authorized additions
Improvements which will
of 16,000,000.
Of this, nbout 4,000.000 will bo expended
on tho Worth Bros, plant, nt Coatcsvlllc,
nnd $130,000 nt the N'lcetovvn Steel plant.
Important additions will nlso be mado
to tho machine shop equipment of the
main works. , ,
These additional will Rive nn Increased
capacity, so ns to enable them to handle
orders which have been recently taken
from the United States Government for
hr-nvv ordnance, such as 14-Inch and lb
Inch nuns. 70 feet in IciiRth.
Official confirmation was nlso Blvcn or
the acquisition of the capital stock of
Duonn Vista Iron Company, a corpora
tion ovvnlnR oxtcnslve oro deposits In
Cuba. itdJolnlnK properties owned by tho
United States 8tcel Corporation nnd the
Pennsylvania Steel Company. It Is
estimated that this property contains
303,000,000 tons of merchantable Iron ore.
COTTON
NEW YORK, Dec. 8. Huslness was
comparatively small on tho Cotton Ex
cliunEo this mornlne. Traders nnd Wa'l
street houses mado heavy offerings, but
the market factors, the Rinnlnc report
showlna- a totnl of 9.711.00O bales, and a
shnrp return In the Liverpool market,
were so bullish as to hold tho market
tlrm In the face of the supply.
Uptown Interests nnd commission
houses were buyers. First prices were
9 to 11 points higher and tho demand
was sufficient to hold the market at these
levels durlnp the early trading. Cables
from Liverpool said that the market
there was 12 to H points better than had
been expected.
Later prices slipped off all around,
leaving the market about on a parity
with Tuesday's close.
Yea. close. Open.
rn..nn. .rjl,.' 12.711
dt.l.WH. J ... nn a.,1 .,
iber '--, A-".r.
.13.10 13.18
. . 13.21) 13.2
. .12.77 12,7(1
Tll iO
rlenr. 3. 13(33. Ill: do.
,- .......... 91 ururMI in
"".-L,'":"'v.f":w"",'.. ..., II .,,,.
IIYB rl.nuil whs nrm "",',. "'"",,,,
piles, hut trnde was quirt. Wo quoto at
J3.23'ff3.30 per bbl., lis to quality.
PROVISIONS
The market ruled firm with a fnlr
JobblnB demand. . Quotations: (Ity beer,
in sem, smoked nnd nlr-drled. 2IS2jc.; "cat
ern beef. Ir. sets, smoked. 2l02.ic: city beer,
knuckles nnd tenders, smoked and alr-ilrlea,
211927c; Western bee., knuckles nnd tenders,
rmoked, 2(i1i27i-. ; bitf linma. S2SH.I0; porK
family. J23.SWI24. bans. S. I', cured, loose, 1..
eU'M.i do., skinned. Inoso, 12ttl2t4c; do., do.,
smoked. 1313',4c; other hams, smoked' city
cured, as to brand nnd iivernKe, I.SJliWc.
hams, smoked. Western cured, li si like: do.,
rolled boneless. 22c. : picnic shoulders. 3. I.
cured, loose. 1214c: do., smoked. 13Wc.: nellies.
In Pickle. necordlnK to avcrago. loose, 13W
1314c. ; breakfast bacoii us to .brand and aver
nee. city cured. 17lBc.: breakfast bacon.
Western cured, 17lHc. lard, Western. rcnnoJ.
tierces, lie.; do., do., tubs lie; lara pure
city, kettle rendered. In tierces lie., lara.
puro city, kettlo rendered, In tubs. lie.
DAIKY PKODUCTS
rtlTTnn. The market ruled tlrm on fancy
stock with demand readily nbsorblnpr tno
limited offfferlnEs. Followlnc are the
quotations: Western. sotld-p.icked crcamer.
fancy speclali, 37e.; oitrn. !13c: extra firsts.
32aMe.; tlrsts. 301141c.; seconds, As-'c.
nearby prints, fancy, 3Sc: do., uvcraeo
extras. xSff37e.: do., tlrats, 305132c; do., sec
onds 2dH2!ic.; JobblnK sales of fancy rrtnts,
414c. ,
IKltlS. rino new-laid ecus were senrce ami
prlcea advanced 30c. per cose, or lc. per flox.,
under iv i:ood demand. We quote: tree
cases. nenrDy extras, sac. per u.. ...
SlO.sn per standard ease: nearby current re
ceipts, $10.20 per case; Western extra tlrBta.
JIO.M) per case; nrst. J10.2U per c.iao; re
frlitcrntor erKs. fancy. $7..'.iitt7.80 per case
do.. Ilrsts, J7.20 per case; do., seconds. (
flil.no per case: do.. Inferior lots, lower: funcj
selected candled eggs were Jobblns lit 410
J.lc. per lox ',,,
CHU13SE. Tho market rulil firm under llBht
nffcrlnirs and a fair demand. Cniotntlons fol
low: New York, full-cream, fancy, now. i't
17",c; "opeelals" hlKher; do., do., lair ti
isowir new. W.IWl;; ilo., part aklms, 014c.
POULTRY
UVC Tho markat wns qulot nnd unclianKed
with moileratc. but ample, offer nss. Quota
tions: Kols. ns to fclae nnd quality, 13SI-..
rroiters. IISISc.: sprlnit chickens. accordlnB to
quality. I.lfil3c; turkeys. 1820c; ducks as
to vlao and quality. WOlJfc :. Kcese 1,'--plcons.
old, o.cr pair. 22B2jc; do., young.
1 'nnKfiSEPOft'erlngs of desirable stock were
moderate and values generally ruled steady,
hut there, was little tradlns. Quotations:
Fresh-killed turkeys fancy, nearby. iltl.4c..
ilo., do. Western. dry-icked, 22ail.-.; do.,
fair to good. 2'Ki21c: do., old ;om. Wc: do.
Interior. l.VtflKc; fowls, 12 to box. dry-Picked
",H .Irv.nacked. fancy sclivted. lc. , vveUtllllB
au.3lbM. onleco 17'iC ; welKhlng 4 lbs. iiplece.
inViC weighing 3", lbs. apiece, loin
ellTIl l)lu ivir, ".,.. r- -, ---- .... ,-
aittlKc.; northern Illinois chickens. lancy.yei.
low. welghliiB 4 lbs. nnd over, lttvc . "orlV
em Illinois, fancy, weigh i lift ,21i3 i lbs., in
Ijoxcs. Hfl7c; northern Illinois. Miiey. weJ?n;
lim 8,CT3 lbs.., In, barrels, 1 inc. .other
Western, 4 lbs nnd over. In boxen. It (111.
other Western. vvelnlilnR 2',1i.l j lbs., In boxes,
l.vrfliie.. other Ai'estein. wclghlnR aijH.Pi lb..
in bbls.. 13ftillc; Inferior. 13c; 'PrlnBdijcka.
nenrby, 1MI20C.: do.. Western, fancy 'SC';
fair to cood, 12fft3e., Reese, nenrby, 11MI18C.1
do.. Western, Hfilde.. squabs, per dpj.
White, welglilng 11 to IS lbs. per dot., 4.00
H3.40: while, weighing U to 10 lbs. per jlof.,
1UI.:0: while. vvelgliliiB8 tba ler dox., J.I.-3
73.r); white. Weighing 7 lbs. per doa., 2.30
i3; white, weighing IKWVS lbs. per dox.. J2SS
S.2.1; dark, ai.7MI2.23; small and ho. 2, tin
11U' FRESH FRUITS
Choice stock was In fair request and gen
erally steady under moderate .offerings. ..Quo
tations: Apples, rer hbl, .loniithnli, fancy.
S3.3U3H; do., fair to goon, ,iMi .mu.i.ju...,
i:nii: Smokehouse. .l3.30: Orlmes' . Uolden.
.7.M3..V1, Willi nip, S2. i.Vd.l..K),
ounce,
tlmm ..I n v.
Itloek Twig.
11 a.m. 12 m. ',
I2.I13 12.IO
December
March . .
i.May ....
July ...
October -pffered,
12.ni
13.111
13.23
12. RS
i:i.0
13.111
p.m
12.1X1
iiii'iO
13.11
13.20
REFINED SUGARS
There was little trading, but values were
firmly held. Wo quote: Extra fine granulated,
11.1.3c.: standard granulated. n.20c. : powdered.
n.23c.: ronfectlonera' A, n.00c. : soft grades,
5.3083.00c.
RATES FOR MONEY
Call.
M1B
VftW York
Philadelphia 3HO
Hoston ?,,,
rhl,.r.i ... 3U$f4
Commercial paper, three to six months, Phlla.
delphta, 3Vi94 per rent.
Time.
23
3U?t
3VJB4
4 B4H
Tax Free in Pennsylvania
Penna. R. R. Cons. 4,2s
I1UK AUfi. 1. 1601,
Particulars on application.
A. R. LEACH & CO.
115 South Fourth Street
I'ltOl'OSAI-S
KI.KCTION NOTICE
MAHUKT HT1IKKT NATIONAL HANK
Philadelphia. December 7, 1013.
At a regular meeting of the Hoard of
Directors, held this day. Mr. David Hurpee
was elected a Director of this bank.
W. !' SINNETT.
Cashier,
1QI3 TIIK DKI'AUTJIKNT OV THE COHO-
NkTi "ill receive bids for supplies for 1DU1.
Schedule on me In Coroner's Office, apd con
be examined, any nay iwhii uuu .;
o'clock. All b ihi must ne eaieu ana win
Se opened December IS, 1913. at IS o'clock
poon.
JOSEPH A MAHON.
Chief Clerk.
DHtECTOKV Of ACCOL'NTAXTtt
Cerlllleil I'uhlle Arcnuntante
LAWHENCU E. IIROWN t.CO ,
IC1B IlKAL ESTATE JTHUaT UU1I.DINO.
iuJi"3 ft 8PEAK11AN
The Tloursa.
BAR SILVER
NEW YORK. Dec. 8. T6
2G? aca at Xialeo-
pric of
mercla.! bar silver 53 cent tod.
oom-wlth
Investment Securities
Graham & Co.
BANKERS
435 Chestnut Street
Our December circular of invest
ment offerings will be gladly sent
upon request. This list includes
many bonds that are
Tax Free in Pennsylvania
3t,c:
(.VvrfTTirYn I mVi'Yvfl ri i a Y?Si ivx
I
,2.731(3.3(1; llaldwlll, ?2.73'33.n0: Hlofk TwlB.
f2.30il3.23 York Imperial. 2Si3.23; Twenty
nunce. 21i3; i'lppln. 23: Hen DttVla. 1.7.9
1 .,-.. AI,M- v.rlAtl... ai .MI1I2..V1- No. 2. 3K6
1.23; apple. In bulk, per 100 lb.s-..?.W'-r,u:
apples. Western, per box. $t.i.fT2.7.r; pears,
rer bbl.-Feekel, l10: Sheldon, flR.V.' Ucurre
d'AnJou, J2.rH3.30: Kriipcs. New -Jork. per 4
lh. Imsket-neHwnrc. Umi2c.; NlaCTrn, 10
12c; conconl, 1012c ; crapes, New Tork, per
211-Ih. basket-Concord. 4iM?30c.: NlnKara. UV
Me.: orannes, I'lorldn. per crate. l.7fl2..i0;
tanccrlnes. Florida, per strap. $3f.1.sni urape
fruit. Florida, per erato, ?2fl3; lemons, per
box. 21i3. plneiipples, per erntc I'orto HJco.
2Ji3: cranberrleM. Cipo Cod. per bbl., $37i
do., Capo Cod. per crate, fl.75fl2; do., Jersey,
per irate. $1.30-ij2.
VEGETABLES
Demand was fair for choice Block and v-nlues
generally were well sustained. Quotations:
White pntitoes, Pennsylvania, per bush.
Choice. I)0fiti3c. ; fnir to cood, bO!iS.ic; white
,ntiiloc., Jersey, per basket No. 1 Rose, -13JJ
33c: No. 1 other vnrlellen. Wirincp No. 2,
2iKif23e.; avveet potntoos, Jerseyy .ped basket
No. 1, I0fi."0o.: No. 2,.1323c.;, sweet potatoes,
Virgliiln. per bbl., t1.fi0frl.no; 'onions, per 11,0
Ih. lOB-Nn. 1. tl.73tl.83; N0-2. 4W73C.:
-.1,1,., t.nl.l. ....- tf.n Q r,fKT.fl- no..
atili.it-n lv.mlli l.p lf,n. H.r,0IZllr do..
domestic, per ton, t3f(il; celery, New ork.
per bunrli, 1311 Hie. ; Littuce, Florida, per
li.isl et, I.30f:i; do.. North Carolina, per
b.isket. tllfl.,',0: beans. Florida, per basket,
2ii(3.23. pens, Florida, per basket. J.3"w
3.30. eKRplant. Florida, per crate, 2.'231I2.73;
mushrooms, rer 4-lti. banket, tlWl.SU.-
Phila.&WcstcrnRy.
First Mortganc 5 Bonds
Due 1060
"llondx" oiilHtnnillnir represent lesi
Ihnri 3f .per cent, of cush cot or
property.
Kuriilnii now nt rule' of about
twice Interest charcr".
1'ltICi: TO VlllLUVIIOUT
- 5.10
Free of Penna. State Tax
llKSl'IMl'TlVi: ClltClI.Ml on
ItEdllJST
Harper & Turner
Investment Bankers
Olllien: IOflO'1012
STOCK KXCHANOK IIIUI.DINO
riilladrlptila
$25,000
Lehigh Valley Coal Co.
1st Mort. 5 Bonds
Due 1933
I'rli't uii Application
Sip
There has never been a fatal ac-1
cident with a submarine of 1
Lake design
Lake Torpedo Boatjj
Company
Tills is a punnfj' fsilur ;u lie cvnull
ere, In the anriinl lale kulimarlne
latlldlnu eoiilnen -nl:til (or lij the
Nn1li.mil ll.feui.' p.na.
This Is only am 0 the fatorv dealt with
In our circular.
Bluett & HoHins
15 Broad St. New York
Forehandedness
January is one of the largest investment months Of the. year.
Next month over 200,000,000 will bo distributed for interest and
dividends. In addition to an already largo and increasing demand
for good bonds, a substantial proportion of this great sum must
bo invested.
We therefore recommend the selection
of January Investments from
OUR DECEMBER LIST
Bonds may be reserved for delivery in January by arrangement,
Tho list will be furnished on request.
Established 1802
Members New York and Philadelphia Stock Exchantjea
Buoau and Chestnut Sts., Philadelphia
30 Pine Stueet New York
Brown Brothers & Co.
Fourth and CrresrrNUT Stkekts
PHILADELPHIA
'
High-Grade Investment Securities
Upon request we shall be glad to enter on our mailing
list the names of investors who desire to receive regu
larly our security offerings. Investors will be furnished
with Descriptive Circulars any time upon application.
s-Jm&&M-X -t
;rKttLjBi.