lm
u
EVENOTGF TET)r4PnTE!A.D15TJPHlX TOTJBSPMX. PEOEMFTffB 9, 1915:
FINANCIAL NEWS
ANGLO-FRENCH BONDS AT NEW LOW;
ISSUE HAS NOT BEEN GOING WELL
New York Stock Sates
Adams Ejprcsj 123
Alaska Juneau.. 10
Alaska Oold A! 2.1
Allls-Chalmerj Mfe.... 32) j
Allls-Chalm Alfg pf.... 82!f
Am Ar Chemical 72
Am Itwt Sugar "2
Am Can ni$f
Ahi Car A Fotinrtrr. ... HVi
Am Car & KJy of ....lis
Am I oil Product) ....IU'f 131'$ 151SS M."
Am Hide A Leather. ... 10 i 10 J !)' 10't
Am Hide A I, pf 50 .12' j 31 "I ill's
Am IroSUrltlo 20'i 27 1'0'i 20H
Am Locomotive 701 704 0) O'.l
Apparent Reason for Lack of Demand Is That Amer
ican Investor Does Not Care for Foreign Securities.
Big Dividend Talked of for General Motors
. Kw YOUKi DcP 9
EverytliliiR ciso on the Stock KxclianRe today wis ovorBlnulowctl by the
weakness of Anglo-French bonds, Tlicy sold ns low its 98, or 1 per cent.
below the syndicate lirlcc nnd tt new low record alnco they were brought out.
Some were sold to bo delivered In 20 days nnd some to be delivered In 30
days. Around 2 o'clock a block of $265,000 chntiged hands tit 0B. The syndicate
which underwrote the bonds dissolves on December 1R. The Street was nt
n. loss to nccojint for the weakness III the bonds, but the common theory was
Hint It represents activities of the hear element to put the worst possible
faco on the market for the loan.
It hrtB been known for some few days now that the loan has not Rono
well and that the syndlcnto would probably be compelled to lake quite a
larso block of the bonds. There Is and, In fact, has not been any fear that
the $500,000,000 loan would fall. The syndicate Is too -stronR for that. Utit
tho fact that reports have pone through the Street that the bonds have moved
very Blowly has been Rrent capital for the bears.
The slowness with which the AtiKloKrench loan has been absorbed Is Inrcely
due to one factor which has nothing to do with merits of the bond Itself ns nn t iinrm lrotliH. .'.'.'. '.'.'.' SI
2:10
, High, Low. p.m.
120 128 129
10X OK Wi
2.1'f 21'f 2W
32S 31f 31U
82 82 S2
T2H 71'f 7W
72 71 71511
oiu now now
S2)( r05 Msi
UT, llfl 11s
FOREIGN EXCHANGE
Tes.
Merlin Today. Cloiif.
Demand.... -t-H'i -'lH
Cable 4.72'n l.lWi
Franc
Demand....... R.W '1i
Cables S.W, .'
Maries
Demand..... "I "
Cnlilrs .f' 19i
Sales in Philadelphia
HM
Am Ixx-omotlre pf
Am smelt it Iter.
Am Sin A Hrf pf
Am Smeltcri nf A.
j Am Sugar lief
Am Tel A Tel
Am Tobacco. . . .
Am Ton pf new...
Am Woolen tr r...
Anaconda Copper 7'(
Atcn t a s f 107
AtchT A F pf ()lJi
llaldwln Loco 110
Haltlmoro fc Ohio )Vi
I Ilatopll.Ti Mining 2'i
! llethlohem Sttvl 10')
Hrooklyn Hap Tr po'f
I ltronn ho 50
I Ilronn Shoo pf US
Iliuniwlck Term II
lOiJ-j 102) i 102 102' I
. mt jwx o' os-(
111 ltlM lion 110)1
. IK) HO 00 !)
M7( 117 110JS UO'i
.12S1J 12!) l'-VS'l UVi
.Sill" Sl'l 2IS?S 210
100 lOS'f IDS I 108','
T,)'( .TO- fiO'f
Ht' M)' MI'S
I07'i 1004 107U
101 'i 101'i 101',
117 ll.l:i lIM'i
Investment. That Is the provincialism of the American Investment market
Tho Investor here hus never tnken kindly to the thought of foreign Government
bonds because he has never been used lo thm. Ills first xperleurp naturally
finds him n little backward. Another aspect of the poor market for the bonds
1b tho relation It bears to tho current peace talk. Tho tendency of most Investors
to hold off from the market In the expectation of lower prices may be considered
ft reflection of fltmnrlul Judgment upon the probable length of the wnr. About
tho domestic loans of the allied nations n slight doubt may perhaps be reason
able If war should bo greatly prolonged.
Hut no reasonable man entertains any doubt of the complete safety of the
external loans of the Itrltish and Kronen nations. The llrst lent signs of peace
ought, to reflect In strength In the market for the Anglo-Kreiich bonds, for peace
will see them take their proper rank in the Investment list.
Price movements on the Stock Kxchange today were Irregular. Tho greatest
activity was lit the the war specialties, and General Motors nttroeted the most
attention In that group, advancing 12 points to a new high record of 558, the ad
vance being accompanied by reports that tho company would declnre a 100 per
cent, dividend within tho next ten days. No confirmation of this could be had,
In tho early part of the session Studebaker was quite strong, and at Its high
point It was about 20 points' under the extreme top made Inst October.
There does not seem to be any good reason to doubt that tho movement
Is lilghly professional In character. Nevertheless, unless tho market was In a
position to move, It Is certain that professional buying alone would not have
had so marked nn Impression. The speculative people In charge of the market
In Studebaker can do pretty much what they like with the stock. They are
big- plungers. In one commission house there Is a speculator who took a big
position in Studebaker on tho previous rise. At 195 he had paper prollts of
something like $-100,000. At tho bottom of the recent decline these profits
hnd sunk to less than $100,000. Nevertheless, he stayed with his stock, and
In the Inst few days has been boasting that he will not sell under 250.
The coppers made virtually no response to the dividend announcements,
which ijerhnps. tut well as anything else. Illustrates the stagnation prevailing.
But these announcements hnd been generally expected, nnd the people behind
the speculative market for the coppers rarely leave anything to chance. It
mny ho taken for granted, therefore, that the development of clulness nt this
time In the coppers Is a part of tho general campaign In those shares.
Tho remainder of the market, however, presented much the same appearance
of lethargy. The only signs nf speculative Initiative outside of tho motor shares
lyoro found In he silver shares nnd a few oher of what are popularly known ns
tho "pups." fndoubtedly n strong pool la nt work In Ontario Silver, thnt stock
rising today to 12 3-8. ltatopilas mining wns also taken in hand again and'
snovcu up 10 -!.
0.1
2I
flll'S
Ml
hi
:w
til'
10
i-.PI
3fl'
43) i
ll.'l
KS
I8'i
HI'J
llnriu Ilroi pf 103
llutte A Mipcrlur 72
Cal Petroleum 27SJ
Cal Pclrol-mm pf 57
Canadian Pacific. 18'1'f
Cent leather Co iiO'j
Chcsape.iko & Ohio.... (CI j
Chile Copper 2l'i
Chlno Copp.'r ii."
Chicago A Alton 12
thl la West lSij
(Id (It Wfstpf .'it)
Chi Mil A M Paul.... !U'f
Chi II I A I'ac W't
Colorado Fuel A 1 f,lf
Col A.smthcrn yo'f
Com p Tali Itee lit
Consolidated (l.n 14.'t
Continental Can 81
Corn I'rod Her IS'f
Corn Prod Itefpf HO
Crucible Steel 7I'X
Crucible Steel pf llf
Cuban-Am Swar llll
Del Lack A West . . .2:10
Distiller' .-ocuritlei... 41
Dome Mines :8','
Krle 4,'j
Kilo 1st pf 58
(irncral Klcctrlc 177
(ieneral Motors 510
(ieneral Motors pref...l2.S'4 13(1
(loo rl" II F Co 74'i 7fi,
(icxx.ilcu II F Co pf. ..M'.'ij 113
Ureal orthern prcf...l2(IJj 12(1',' 12rt' 12(1' j
(it .N crs for ore prop. 40'i 4!l 48'j IS','
(lUBsenhelin Kxiln ... 77Ji 77'i 77 77
Homestake Mining 122) i 121
lnt AiTleultur.il prcf. .V.l'i .VJ'j
Inter Con Corn 2.''i 2J
Inter Con Corp prof. . 80
lnt Harvester N J 112
lnt Harvester Corp ... 81
Inier-Met pref Hj
Inspiration topper ... i.i
International Paper pf. 454
lnt M M pf cf dp cil','
lnt Nickel 108
Kansas City Southern. 32',
n.r
4S5
8l'j
48
U7'l
14
SI
108
13
27' j
57
183
5(1
M'i
2I'(
5lf
8','
15
3!l'5
P4't
UIU
53 '
,10','
43 'S
113'.
88
ll'i
00
714
lll'i
kv; ,
233
18 t
2!I'J
43!.'
57i
177'i
i5S
JVi 03' i
2'S .T
Km 472
8 ' 8 lf
18 48
117 117
134 13.4
81 81
108 las
14 714
20? ( 2l)Jj
5(1 50
1824 183
ol!( 514
WHEAT IRREGULAR;
SHIPS STILL SCARCE
Export Sales Totaled 780,000
Bushels of Wheat and
100,000 Oats
in
HI",
231
474
20
43
57':
03
2
634
8U
15
304
!U'
10
6lf
304
43)1
113
hS
18!.'
h!)!i
72 'S
111!,'
10
23 1
is
2!)
43
574
LONDON STOCK MARKET
Consols and War Loans Higher
iness Small
-Bus-
LONDO.V.'Oce. !. Although trading in
Eceurltlca on the Stock Kxchnnge was not
brisk today, the markets were llrrncil In
spots. Consols ami the war lonns were
higher nnd tho banks supported. Home
railway shares showed Irregularity.
The American group lacked steudiness,
but rallied from the lowest, with dealings
on a smnli seme. .SYi.tlment In Canadians
was cheerful. Argentine . niils were
mixed. Business In shipping descriptions
wns active nnd the tone wns good owing
to the cont'nurd high freight rates. The
foreign department wns stonily, but Ilus
alans displayed heaviness. Rubber nnd
oils were hard, but mines were dull.
Drop in English Reserves
LONDON, Dee. n. The weekly Matement of
the Hank of KiiKhuiJ ihoweii u ilecrease ir
nearly a millions imuntls In reerie. Nn
change was maile In Ihe discount rate. De
tails follow:
Thl week I-ot week Last year
si e i
t-ircuiaiion
j New York Bond Sales
illxh.
...UT
... l!S
. . . liT'i
... Ill
...1U7U
... Ill",
i-Aa
JIN.U) Aliik (Jnl.I cv lis
H Am Ice M
SSIiMi AiibIo fr . ;,....
- Amcr Tel . It ).. .
.'"O Uo eit 1'.,h
I ll AtehUou Ktn Is. . .
i0"i do ailj 4
IMH) do cv U. .
lllJMI (In -...
Il Allan I'o'l.ine'ist t.
limit do clt u
,1000 Dalt Ohio :t",s....
.llM.1.1 uo 4m . .
1.VI.VO Uo c Vvn '
:: litth .Had mi .,
.JUKI It X. t l.l. M -
ji. .",". '"a;- : : ';.
Mion Cent Ix-ather la t ;o...tOO'
IKK) dies .14 O cv II. S7
-imiu UBI lit W.-.it Is
r'ntKi C II t, o Joint 4a...
1000 C II ,'i it . u ....
10(100 CM .St ! cv fin . . .
ImIKH) do cv 4!iH
"Mix) do M .iws . .,
"IHO Col A South 1st 4s .
:.'IKI Cons Oo iv lU
Iii0 Del A: liuil ,ijs
.'.mill do u inn:
-110O io ,-fil Is ,
i.hsi no cv ."a r II
. ..IlKll.j
JU1-,
H-'N.
in-.
10)1,
IO),
71
. US
. ill,
.III?
. lir.'
. Il)i
. (!!!'
.li'lll..
.in)',
. t!'.
..llW'j
.. . ..,.. H.nn. ..t,.i.i,'-nf ,,.. i. ii. u, ii -.iisj uen x.' IE fi ,- t,
ruDiic deposits. ,-,:m..ooo .VVMi.noo 4A,0O3.(su: l.vss, iJla Sec Corn !l T-
I'rlrnte deimslts ui.run.iMi ia.1Sl.uuo lSO.lill.Msi f 47ri rri, m i. -i
Oovt. securities .TJ.MO.OOl 2.1.840,000 ll,0.1!l.(Ml JoOO do rnnv J . ' ' ' ' ti ,'
Other securities I L'.liin.ooo IHiisilton 11? iioooro -Ci?, , eJXl, Scr A"' 73
ITeservo ... .. 34..1U7.0O0 ;I3.3.000 54,1.11,0011 .SI,, nllif h...'V. ?:"
IToportlon of re- 1.JJ tii !iibi"l) .'? N,
serve to I lab. . 21.2117. 21.01 32..1I1 ,:,l5it i'1 "A01 ,leb ."I'l.
S M-r--T "s? 7,',K-'-Kii "'ffi: SJ'ffir, cr.tr:::::,S,ft
an rate ., ,,,0 .,-. ,:p00 .... , ,. T , . ' i
Law. tun.
ll.'.i, ll.M,
s.s .s
p.. ns
m tit
1U7J, lU-i,
niK mi.
h? s?
loiJ'j lorn,
10I-, 101",
lS IBM,
S7i ?,
ttl's Kl'i
01-, III",
!l? UT,
iiii mil.
Wl IK)',
llnl'i llNh-.t
lioi, Iin-i,
M's Ml,
74 74
UN PS
llll llll
111'. 111?
HH 102
ni", ni'i
IIL'l, ijin
lanvj r.-in,
100-1, 10O1,
urn's noij
IMI'j mi',
loiila loni,
711 7!l
7"n, w,
73'. 7.P,
M Mi,
SI K-.
!!', Ill's
li Imii,
Kansas, city So pf . .
KlliRti Co K L, & V
Lack Steel
Lehigh Vallev
I.lKCtt & Myers..
Maxwell Moton.
794
1124
S..
8.'
4.)','
411' a
fill's'
211
32),
. 0.34 0"
.I2S4 12i
. S24 hi1,'
. SI.', S2
.2u 4 200
4 7S'i
1704 170.4
.r..jo rr, t
124 27
73',' TV I
113 113
124 121
304 3!4
214 214
70', 7!4
1104 1104
N.i
82
444
4.-i4
IKI4
1074
.,14
fit
128
h.-'s
Sl',-
2.. I
i.i'j
S2
43
404
01
too
314
01
128
81
SI','
200
4
Max Motors 1st pf....l014 1014 lOd'i lOII'i
Max .Motors 2d pf .... .IS 50'i
Minn & St l.ouls 134 134
Mexican Petroleum ;JI' 0.1'i
Mm Petroleum pr 054 03
Mo Kan & Texas 74 74
Miami Copper 31 31
Missouri I'acinc r'i 34
Montana Power 70 704
Montana Power pf ....1114 II
Nat Knamel A. S ,104 314
Nat Lead t'3 044
Nat Ity of M 2d pf... o 04
Nevada Con Copper... 10'f 10',
New York Air Drake. .138 137
N Y N II All 734 734
New York Central .. .1034 101
N Y C A St List pf.. 80 81','
J'J N Y O X, West 31 314
i.iJTf Norfolk & Western 120 120
uriu American 11.', i.j
Northern Pacltlc 117 1174
Ontario Sll M 04 124
I'acinc Mall 10.4 10
l'.vin! Tel ft Tsl II .1 Hi
! I'enna It It fifllf 304
I'eorla & Eastern 134 134
I 'Philadelphia Co 444 434
I'lttsuursh Coal 33 31
134
014
03
I.
lo'
024
03
XVI 334
lil'j
HI
30
044
0
104
137
44
704
111
3(1
t!l,'
0
104
137
M4
1034 11)34
814 814
31'.' 314
1104 1194
74 744
1104 1104
IO' ,' 114
LIVE STOCK QUOTATIONS
CHICAGO, Dec. D.-IIOOS. Ilecelpts, 10,000
head. Msrkct atrnnir. Mlint-t and butchers.
ICIMI 7; (.oo'l henvy. fUJiOtii: roush heavy,
0.3Oli.43; llpht. .1.83fia.M; pigs, 3.153.73;
hulk. ii.::.-.flii.N)
CATTI.E.-lte. tints. i-T-Oil he.i.l. Market
steady, rjceres, il.23310.7.1: cowa and heir
ers. tl.'T.ti.s.lu, Tesans, f iI..Vii.:i.'; calrea,
8.aifl 10.2.1.
SHKEl'. Ileeeljita. 12.000 head. Market
strong. Native and Western, !3.:3fiU.SO;
UmLo. IG.400U.23.
?JEW YORK BUTTER AND EGGS
SEW 'VOiiK. Dec. ll.-UUTTBIt.-Market
nnsettlod; receipts, 7712 packages: extra. 31
.H-.,c., hlvher vrorlns:, .1.1.'l.1ic.: State dairy,
SlR.'lc; imitation creamery, Zi'tt'lio.
KCias. Market rlrm: receipt 7310 cases:
extra llrsts. 37f3f. ; Arsis, 3.7n3ilfl.; nearby
whltts .V)4i54e. : mixed color, .'l.MMlc. : refrig
erator llrsts, 2.I62.IHC. . nearby browns, 40-3-Hc
GASOLINE AGAIN ADVANCED
NEW YOftk. Dee. . - The Standard
Oil Company of New York has advanced
the price of gasoline In New York City
one cent a gallon, making tank wagon
basis SO cents a gallon, effective today.
jlllllllllllllllllllllllllllllllllllllllllllllllllllllllilllllillllllillilllg
LE E "jlfes 1
Illllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllg
Guaranteed
Puncture-Proof
-yet Pneumatic. Invalu
able for tourlpg and
, general road service.
Tire troubles suddenly
cease when you use LEE
Tires. They yield
amazing mileage and
are real non-skids
New Booklet Read It
Lee Tire Sales Co.
330 N. Broad ;
HE: BBBHPy 1 lV.llZJ
see ILbbbbi w te ml
sa SffH,' I It sn.s -
II KCV U I
:n Inur Mer Mar 44s... mu
41i 1i do it 4'm KIlJ
7000 IC CHS M 4.... 7N
I.MII Kan citv so rm...... in
xisd I.ukn Httol ,1s ltwi.. timi
"INK. Uick.i titeel .1.1 1II.V). . Ul
.'l' Lk sh ileh 4s lull ins.
aion l.ls & JI T 7s 12.-.
lioti Ijing Island 4s inv
lOiiO Ume Ulan.l rtJ 4s... h?C
L1K4) Iirlllar.l .la loi
7r iiut a N-h 4s up;
S.V10 Mo Kan & T 1st 4s... M
21(00 Mo I'ae is 4114
won Mo l'.,c col ,ia KH7... w!
.'000 Mo I'.ie lis lOO'i
fWMi x y eit ii i3s in,
1XISJ X V Cent lis Ill
'(io N y city :i4s 111.14 Si
lono X V fitv Is lfl.17 ns:
:i(K X V I'lly 4s lll.Vi lli.
10OD .V V City 4 IICKI 1IS
4000 X V Cltv 4Ua mm. . .iihit;
1U.01I X V X II ic II cv :l-s. 7SHi
Msio X Y liny ref 4s..... T:ti
R.V100 X V llwy aJJ Ss ,14'i
510110 X V Tel gen 4Vis US',
Ml X V W C & II 4',s... SI
JOOOO Norf & West 4s...... oi;
liiOU Norf A West cv 4Hs..ll.i',
Il.vsi Nor I'ac prior 4s HIS
I?Oin Nor Pac gen :is isii
liOO I'enna 4s 1U4S nm,
1310U) do gen ct 4!-js loot;
:nrtt do en His iai4
l'.'OOil Public Berv N J 5s.. IOi
MOO Hep Ir A: S 0a Ii;iJ
mii Hock Island 4s M
lOiiO Ht Louts Swn Ut 4s.. Ml
WX.1 South P.lc 4s K7,
Usui Houth I'ac cv Is Mill
noon South Pac rM 4s tm?
Undo south llwy gen 4s 71
nm) South llwy con .Is KH
UXI Thlnl Ave 1st "a Hli'i
loon llilril Ave adj .la M)
r.'um Toi peo & w .Vji.... m
ixuki f s Itubher 0a lulu
liono r s Steel Ss 104
7100 rnlon p.ic 1st 4s iny,
fit M Va I5ir Chm 1st s. ..to.1
sono Wab-P T 1st ci 4s... IV
rsmil West Mil 1st 4s 7.1V,
liHO Wlscon 1'int gen 4s.. !74a
77
pun
llll..
M';
7s
ttiv.
l!
HIS,
I'.
lot
iii
7!1
4.1'i
SSI.
lOOlJ
ul .;
iin
SI
ns
tis,
lixi'4
72U
7-115
.14
IIS?,
Rl
ttJ,
llllll
IH
i:m,
lnojj
lie;
(HI
H7I,
S.1
Sll
S7
Nt"
111'",
7!i
101
107V,
SO
M
lull,
Jlflt,
1171,
10.1
7.i;
I'lttslmruh Coal prcf. ..IOS'4 107' j
I' Lorlllard Co
PifsMtl Steel Car. . .
Ity Steel Spring....
Hay Con Copper...
Heading
Heading Ut pref. ..
Hep Iron & Steel. ..
Hep Iron & Sieol pf,
Hock Island Co pref. . .
lSl.ij 187
. (Vila io!i
. 82
. 4'J),
. .w'i
11U
li
1.1
Sl'.'i
'll
57K
'.
tl'i
iiS'j
n'i
41'.'
MH
107,
lSd'i
0-Uj
XT,
811.
l'J'i
ltU'i 111)
!'." 1 Itumely M Co i
7s" ! Itumely M pf tr r 2S
'"" i St Louis & S F 1st pf
hi " I Seaboard Air I.Ino .
mi.
l'ii
111H
S7,
101
':
-. ,
L'l
8
lS'J
1SU i
C,fiH
21
K
ISO
ni);
o.'.
4Ui
riS!,
i:iH
4:i','
:IH,
107',
lSli1,
(MH
43
JT.H
81,'
42!,
50'.3
Ji
S
8
ISH
411,'
18)
III','
4.11,
"',
100',
U'lS,
1 oi.
SS
!ls
1ISS
:s
WU
"-(,
?.l,
l
Ul,
113'!
iai',
tisii
lixiji
iai
no
1171,
s.l
Ml
S?
10'
IS1
Seaboard Air Una pf. . 40
Scars Hoi & Co 180
Sloss-Shcf S & I Co . . nil
So I'orto It Sujar MO 1501$ isyji 150 -j
ho rono it uj pi ills', HW 10'J 1)1
! Southern Pacific 101'j 101. 101 lOUi
1 Southern Hallway '.Mi 2.IH 2:Hi 21',
Southern Ky pf in III i;:i
Studebaker Co I7iHi 17.H, 100'j ICOVJ
Studebaker Co pf J 13 lll'i IMU lll'i
Tenn Copper 57J, fifu fl?', 57),
Texas Co 212 21 j1,' 211 211
Third Avenue fll (12 Hl'J 02
Tln city nap Tr.... D.i'i 0,1 j 03)j Ojli
Underwood Type 80
Underwood Typo pf . . .lOOlj
Union lias & Paper... 7H
United Cigar Mores... !)?,
United Cigar Mfrs OUJ,
union i'acinc
i United Fruit
I U S Ind Alcohol....
I U S Ind Alcohol pf. ...101
I United Hjs invest ... iHf 22
I United Hys Invest pf. . Ml', XI' I
U a cast iron v x t .
80!1 80'i 80!.
HO 111) 110
75. V.i 7Jj
J5S 0J, 0),
01 oa at
m-ijj 1383J 138 138
.11S! MS',' 1 10 urij
1L"Jj J 20 120 122
lltt
K 1 U S C I I' & F Pf . .
"IM 1 U a Hubber
U S Hubber 1st pf
U SMcel
U 8 Steel pf
U H Express
Utah Copper
Va-Car Chem...,.
Wabash w 1
Wabash rf A w I.
Wabash pi 11 w 1
71
101
M)
K.-,
Illll-j
iit;
07t.
Kfl
T.HI
87 ,
COTTON
NEW YORK, Dec. 3. Heavy ofrerlnus
of January on the call held the cotton
market in check thin morning and drat
prlcea were 1 points higher to 2 points
lower. The tone was barely steady. Wall
Street and southern interests nude the
largest offerings. The buylnc was fairly
good, but scattered, and later offerings
appeared and prices receded to a level
about 7 points below last night-
Yes. close. Open. 11 a.m. 12 m. 2 p.m
December IZ.W I2..W ....
January . .
, aiarcn , . .
I May
July . . .
October . . .
briacmber
Bid.
.U'.iit
. 12.WI
.13.10
lX.lti
.S.W
. . . '12.70
18.(11
12.U1
1.1.(0
W.17
12.M
1H.03
13.11
12..KI
r.'.sii
KI.Oll
13. IK
12.43
1S.M
i:i.ot
13.13
LIVERPOOL COTTON
I.lVEnPOOI. Dec. U (2 n. m.l.-follnn
flits: 10.000 bates American: SSUi bales: Janu
t.,r aud Fsbruary. T.57U.1.: Pebruarv ami
March. ?.Md. ; March and April, 7..11V5J. : May
and June, 7 4UVJ.: June and July. 7.4;'Hd.;
,uij i,ui, Aufwi, ijvu. uviMuvr ana jioiem
ber, B.WU.
Railroads Ordering Rails
Steel rati orders continue to pour in.
Today the Maryland Steel Company re
ceived an order for 10.000 tons of "stand-
I ard steel rati from Ihe Southern Ball-
1 way Company.
The Southern Pacific Company has also
I given an order for M.00O tons of steel
rails to tbe Tennessee Coal and Iron Company.
50
tOS'i
87'1
llti'i 11(1
48 40
8U, 81
47
10.
4lf
201,
105
2H1
30 ','
2,'i
SI
105
iio'i
2.1
si
.)i
Wells Fargo Express... l;fi
Western Union Tel. ... so f
Wntlughouse 13 & M.. li'jij
Western Maryland 32S,
Wheel (t Uko Erie . . 5','
Wheeling & I, E 2d pf 0)j
Willis uverland 210
Willys Overland pf. ...1)4
Wisconsin Central 40
Wooikoiin r t to. ..11(1
Quoad ex dividend.
10S!f lOS'l 10SU
ai)i buy, 8ti!i
HI
l'l
70),
IO,
1(1
40
2.1
128
SSf
0S5j
32
CtltCAGO. Dec. 9. Wheat was Irreg
ular In the early hours of trading todny.
It opened nliove yesterday's closing prices.
December at $l.l64i showed a gnln of
cents nnd Mny nt Jl.ltts an ndvnncc of
a; cents, tiuyers were few and prices de
clined before noon to $1.H! for December
nnd I.1GU for Mny.
The nmrket wns two-aldcd. lluslness
was of u general rhnrncter, with 110 par
ticular feature. The short Interest Is
said to he the lightest In years. Some
operators do not favor speculating nt
this lime, while others declare tho mar
ket is now In position for another up
ward turn. Cash wheat offerings nro
smnll.
Corn and oats followed tho general
trend of wheat prices, with narrow fluc
tuations. Export sales reported totaled 'laO.ww
bushels of wheat and 100,000 bushels ot
onts. Cash houses sold for senbonrd de
livery W.OiO bushels of corn, "5,000 bushels
of ontB nnd 200,000 bushels of northern.
Chartering of vessels for transportation
of grnln to foreign countries was better
today thnn for some time, but lack of
tonnage continues to restrict business.
Liverpool was ensler, spot selling from
tid. lower to Id. higher. Cargoes were
Irregular. There hns not been any great
Improvement In the domestic offerings.
landing futures nmRed ns follow
Whent
December
Mny
Corn (new del
December
Mny
0.1 ts
tieeember
Mny
I.iinl-
Dcrcml'er
January
Mny
Itlti:
Det ember .....
.Iiiniinry
Slni
Pmk--
Pecpnit'er
January
Mny
P.ld. rAnked.
STATE TREASURY FUNDS
Philadelphia Institutions Hold $573,
839 in Deposits
IIAimiSHURO, Dec. 9.-The stntcment
of the Trensury Department of the
amount of general funds of the Com
monwealth of Pennsylvania shows the
total on hand November HO, 1915, exclusive
of moneys appropriated to the sinking
fund, to bo W.191,391. Of the total do
posits Philadelphia Institutions hold
J573.S39.
The following table shows the amount
of general funds on deposit In Philadel
phia Institutions:
Central National Dank !P.
Commercial Trust ?'
Corn Exchange Nntlonal Hank 110.000
Tarmera nnd Mechnnlcs' National Hank ','
Tourth Street National Bank 20,000
North Philadelphia Trust '"I1!?.1
Quaker City National Hank 3'5'.'i
Third National Hank 80,000
(SO
.1.1
sin
OS
7(1
M'i
21
2on
7n
.1.1' i
Noon. Teat'd's
Open. High. Low. cIojo.
".v::w-, r.sj mj. a
72 ?!' 7tfil ?2
4.1 43 42?, 14.V,
,..,, 45', 45!, 45', '4.1?,
0..V)
.... 0.7(1 P. 70 U.B7 '11.70
11.117 0.0?
0.H7
.... H.S7 II.S7 0.82 0.S7
10.11.-, 10.10
TlT.2.1
imii i.s.2 is.4n imvi
1S..1.1 1S.W 18..13 1H.45
Total .1?:t,Ml
Tho amount of sinking funds of tho
State on deposit November CO. 1913, totals
JttJl.110, of which Philadelphia Institutions
hold K,110, distributed as follows:
Nntlona! Hank of Northern Liberties.. J1.000
Ninth National Hank L'O.ono
Farmers ami Mechanics' National Dank 14,110
Total
OAMB
PUOTBCTIOX AND
IV.NI).
People's Trubt
West Philadelphia Hank
1NSUHANCR FUND.
Farmers and Mechanics' Nat Hank
f.10,110
rnopAOATioN
13,000
20,000
.1181,603
40
IU'f
4US,'
20),
128
8i
Ol'i
32) i
o J
5',' 5
25.1 250
115 IUH 115
40 40 40
1151, HS'S H5H
ut;
40
701
7iJ
liili
4U)i
201,
128
68i
b8i
32
&5
30
NEW YORK COFFEE MARKET
NEW YORK. Dec. O.-The market for cof
fee futures was strong- today. Prices moved
up I to 8 points abote the finals yesterday.
Dealings were on a much larger scale. Quo
tations follow:
Today's
ni Ql
ODenlnir.
December
January
February
March MO
Apr.l
May -U.78
Juna
July 0.973008 U.K)ic.ul
August ' lilir.iU.D3
heptcmber , 7.OM1702 U.Si&aul
October 7.07GTWI (1S3&7.W)
Did.
Kales, 4000 bass.
Yesterday's
close.
a.7Qfl (1.711
O.JiiiU.73
ll.74flU.73
0.70&O.77
U.t7(U.7t
U.78'uU.7'J
U.S3TIH8I
RAILROAD EARNINGS
YAZOO AND MISSISSIPPI VALLEY.
Novcmter gross 1.287,4.13 ltn,140
PACIFIO COAST.
October gross IU17.D37 $38,417
Net .. 01.837 42.4S5
Four month' cross 2,033.7.13 1UJ.3.13
Net 4ST.670 D8.43I
ILLINOIS CENTRAL.
1'JlJ.
November jm ..,.,,., 3,010,MT
---
PUBLIC UTILITIES
The Nashville Hallway and Light Com
pany October surplus was $25,407, com
pared with JI1.CSD in 1914, a loss of 39.1
per cent.
The Portland Ttnllroad Company
showed n slight gain In surplus for Oc
tober, but for tho 12 months the sur
plus was $131,137, n decrease of 111,024.
The Lewistown, Augusta and Wntcr
ville Street Hallway reported a surplus
of JT912 for October. This Is an Incrense
of J367S over the same month last year.
The Eastern Texas Electric Company
has called for payment at par and Inter
est on January 1, 1916, the J500.000 thrcc
ycar 6 per cent, coupon notes due July
1, 1916.
Tho Portland Hallway, Light nnd
Power Company showed a gross de
crease of J57.i7 in October earnings. The
net decrease was 57,127, and the surplus
fell from $09,192 In October, 1914, to
$13,213. Kor 12 months the surplus was
$292,366, against $990,312 last year.
The Detroit United Hallways Company
has applied to the Michigan Railroad
Commission for authority to Issue $3,500,
000 5 per cent, collateral trust notes, to
run a little over two years. Of the pro
ceeds, $3,000,000 Is to be used to retire
outstanding notes and other obligations,
and $500,000 will bo used in extensions and
betterments. Notes have been sold to
William A. Heed & Co. and probably will
be offered around 97.
Consolidated gross revenues of the As
sociated Oas nnd 'Electric Company from
tho electric and gas departments. Includ
ing miscellaneous Income, for the year
ended October 31, amounting to $6$3.96S,
were about the same as In the year pre.
ceding, but a reduction In operating ex
penses and taxes of nearly I per cent,
gave the company an Increase of almost
$3001 In net operating income of $210,728.
Underlying churgea totaled $71,335, an In
crease of nearly 5 per cent., and surplus
earnings after Interest charges on the
tlrst mortgage bonds, amortization of
discount on bonds and nates, etc..
amounted to $&7,954, a gain of approxi
mately IT per cent. Dividends on the
preferred stock, amounting to $55,176,
were paid during the year, leaving a net
profit of $32,779, against $20,851 as ot Oc
tober 31, 1914.
To Consolidate Pittsburgh Companies
NEW YOHK, Dec. 9. A committee of
bankers has been formed to effect a con
solidation of the Pittsburgh, Shawmut
and Northern Kallroad and the Pitts
burgh and Shawmut Kallroad. In the
working out of which It Is aimed to take
the former road out of receivership and
place both properties on a sound finan
cial footing. Members of the committee
are- Walter It. Leigh, Samuel Fuller,
Charles Sargent, Frank H. Davis, John
Hubbard and Theodore P. Shonts.
November Anthracite Shipments
The shipments of anthracite In No
vember, aa compiled by the Anthracite
Bureau of Information, amounted to
6,297,215 lonjf tons, an increase of 368,929
tons as compared- with November, 1914.
Tbe total shipments for the 11 months
of 3915, ending with November, have
amounted to CO 152.218 tons, as compared
with 62,(10,313 tons for the same period
in U14, a decrease) of 1.458,13 tons,
2 Am Rwys ,
37 do pref ...
10 Am Ia)co
fi.1 n A Sus t c
127 do pref ..
100 llatop Mln ..
I ISIS Cam aieel .
IS Klic Storage
13!) (len Aspli
12 Ins Co N A
Ml I.k Sup Corp
.113 liehlgh Nnv .
10 Lehlnh Vat .
10 Mlnchllt 50'i
Mi) Norh Central.... SiUl
iot Pa n II !t,
147 Pa Sll prcf 81'a
001 Phlla Klee ..
S2?.1 Phlla 11 T t c.
10 Phlla Tract..
110 Hep I & S....
ID Ho Pacific
HI So Hallway ..
020 Tonopnh Helm
.110 Tonopnh Mln.
74(1 Union Traction. 4i'S
1.1 t'nlte.1 tl 1 MS
15H0 t 8 Steel KVJ,
(ju Warwick Ir & fl 10Vi
2.1 Wm Cramp & FH
HON OS.
!.nnt prev,
sale.
$0100 Allegheny Val Is P7
.100 Am O & B .. ""
2000 Eloc A I' Tr 4s .11
50i) Inter flwyi 4s. BNH
,1000 l.eh N ions 4',4s.t(2'.,
.1(00 t.eh Vnl gen it l!fc
toon Pa cons 4s '48.100
r.2001! Pa gen 4Wsi. ...lot
,Vm do cv ."1'is 'I.V10.in
1000 Phlla Blee 6s... 101'',
C0O0 Heading gen 4s. 0.1
SOOO York Hys 1st B 0.1
Yesterday
close. High,
.. 30
.. 05
.. 70'S
.. 2.V4
.1
31
OS
BOH
2,1
65
2:40
Low. P.M.
St 31
OS M
60J4 60S
2l!4 B.1
M M!d
.1 13-10 3 1'1-M 3 1S'
T.VS 7??i 7.1i IO
PROPOSED CAMBRIA COMBINATION
MAY BRING ABOUT BIG TRADE WAR
Standard Oil Interests Behind the Deal Interestinrr
Pool Operation in Philadelphia Rapid Tran
sitLocal Market Steady
fS)
n.1
21U
m,
?ou
57
87
sou
82
28
2t
70H
, .. 101
, 21 2.1i
4 o-lrj V.i,
0 15-1C "s
4JU
M'i
R7lii
10',
8?
CSJi
35
24 1,
0
70
82H
87
80H
Ml
82
27H
20'
70'4
Mi
101
2.1H
4'
0T,
47 !
88 i
80 i
10j
8?
35
24H
OH
70 'i
82'.,
57
87
82
28
21
70U
50 "
101
MH
4H
7'.i
41t5
8Si
80H
lov,
87
llluli.
07
874,
81
mh
102
112
10)
100',
10.1V,
2.10
t)W. P.M.
0?
;;
81
.-.in,
ll'H.
U2
100
100
UfiH
ICVIH loi'i
n.i ns
Kl 0.1
07
87 H
81
fiOii
101 i
1)2
100
100'n
iOM.
10Ui
03
03
Financial Briefs
Shipments of anthracite coal over tho
Lehigh nnd New Kngland ItollronJ in
November were 336.G5S tons, compared
with !4n,303 tons In Novcmbor, 1914. For
the llrst 11 months this yenr the ship
ments aggregate 2.535,210 tons, as against
2,505,546 tons In the corresponding period
of lost year.
A block of $i500,000 of United States Gov
ernment registered 2 per cent, bonds sold
on the New York Stock Kxchnnge today
at 99'4.
The New York banks galne.d M,O99,O0O
from tho Subtreasury yesterday, and
since last Friday $5,301,000.
The Iron Trade Review says: "The
new Iron ore prices nro the hlglie.it since
1910, and have been exceeded only by
three previous years. Forward pig Iron
values already have discounted this
higher cost, nnd ns a growing scarcity of
early metal Is becoming more apparent,
further advances are being established
in this product. From end to end, the
Iron mid steel Industry is thoroughly
huoyant nnd there seems to bo no end
to the prices that can bo obtnlned where
satisfactory deliveries can be made so
urgent Is the general demand. A renewal
of foreign Inquiry by foreign buyers for
steel for the manufacture of munitions Is
making its appearance. These buyers will
accept deliveries beyond July 1, whereas
up to this time they have not been will
ing to 00 so."
The Republic Trust Company trans
ferred $25,000 from undivided profits nc
(.ount to surplus, making the latter Item
$175,000. At the meeting of the board, the
following were elected directors: Ste
phen B, Colladay, J. Frank Dechant nnd
C. Clothier Jones. They llll vacancies
due to tho deaths of Charles Plerson und
William "W. Colladay, and the resigna
tion of C. Paul Ilagenlockcr.
A second distribution of $25 out of pro
ceeds of the liquidation of the United
States Express Company, it is expected,
will be made In February. The first pay
ment of $25 wob made November 15,
Pig Iron production kept up at record
rates In November, tho total for tho
month being 3,037,303 tons, or a oasis ot
over 3G,000,OCp tons per nnnum. The ac
tual daily average output In the month
was 101,211 tons In November, but as
October has 31 days, the total for that
month exceeded November slightly, being
3,125,431 tons on a dally average of 100,822
tons.
The annual report of the Davis-Daly
Copper Co. for the year ending June CO,
1915, shows total assets June 30 last of
$6,C50,C9fi. against $G,G67,17ii a year previous.
Cash In .banks this year stood at $66,230.
against $116,272. Virtually all develop
ment work wns done on the Colorado
mine. The ore returns were $19,482.
The Harbison-Walker Refractories Co.
reports for tho year ended September 20
a surplus equal to 5,12 per cent, earned
on the common stock, against 3.05 per
cent, earned tho previous year.
Parrish & Co, were Belters of Rapid
Transit. Sullivan Brothers bought.
SHIPPING NEWS
POUT OF PHILADELPHIA
Steamships Arriving Today
Str. Bella (Dr.), Santa llarta. fruit. United
Fruit Company,
ritr. Cretan, Jacksonville, etc., passengers
and merchandise. Merchants and Miners'
Transportation Company.
(Sir. Indian, lloston. passengers and merchan
dise. Merchants and Miners' Transportation
Comiainy.
Str. Kt. Cothard (Hr.), Iloiton, ballast. Earn
Line,
Str. Mackinaw (Hr.), London, merchandise,
Atlantic Transport Line.
Dark Irene (Nor.). Illcra. IVesenberg & Co.
Steamships to Arrive
Name. From. Sailed.
Tenpalsen Maru Corono Nov. .1
Lincolnshire Calcutta Nov. U
Mlnerlc l'crlm Nov. h
Asnello Clampa T. Annunjluta. .Nov. Ill
Andreas Rotterdam Nut. 17
Kelbernen Rotterdam ....Nov. 18
llledhow Madeira Noi. IS
Itthmlan ,..,Itlo Janeiro ....Nov. II)
t'rd Shields Nov. lu
Mesna Knyol Nov.lt)
Jew. Chamberlain Algiers Nov. 10
Kilbride Manchester Nov. SI
1'olvarth IlueUa Nov. rl
Ilosebank Valencia Nov. 21
West Point London Nov. 2il
Georgian Pernamburo ....Nov. Sil
Crlo.i Rotterdam Nan ST
Tamaiiua dlaaoiv Nov. 2S
Manchester Knglneer. ..Manchester Nov. 2
Hawaiian liahla Nov. SS
Atlantic Sun Harry Nov.su
(leorge I'yman (llhraltar Nov. Sll
Ileekkergen (...Rotterdam Nov. .10
Cheyenne Harrow Nov. 311
I.ackauanna Harry Dec 1
Monk,haen Huelta Dec. I
llelredale Cardiff Dec. 2
Annapolis ....,,,.. ...Cilarsjow Dec. 4
Maine ...,,, I-ondon Dec 4
Btalhelm St. Vincent Dec. 4
Bosua Wert Antonio ...Dec. 8
BAR SILVEK
I-ONDON", Dec. u. liar siller was quoted at
2U? pence, up 14 pence.
In New York lalver was quoted at 50 cents
with Mexican dollars at 42 cents.
PROPOSALS
1015 THE IIEPAHTJIENT OF TIIK COUO.
NKR will rectlvt bids for supplies for 1010.
Schedule on rile Ir. Coroner's Olflce, and can
be examined any day between tl and 3
o'clock. All bid must M sealed and will
be opened December 13, 1915. at It o'clock
noon.
JOSEPH A. MAI10K
Chief Clerk.
tnKiCTonv or ArrorNTANTu
rrllnd I'uhllr Artounlanl,
...tAWKEN"-: - WtuWN at CU
"11 REAL EJTATg TKfMT UflLDlSa
8URS SPEAKiUK
To., Beurss.
What mny develop Into a big steel war
was hinted nt todny In the latest reports
regarding tho Cambria Steel Company. If,
ns Is now predicted, there la to bo a
merger of flvo of tho country's biggest
Independent concerns backed by the
Standard Oil Interests some very Interest
ing trade developments may follow. J. ts.
Rcploglo Is reported to have naflertcd
that only 100,000 shares of Cambria stock
wcro lacking to complete tho transaction
and these arc believed to bo now held by
tho National City Dank of Now York,
having been purchased In the open
market.
Tho companies slated to come tinder a
common ownership nro tho Cambria
Steel Company, Lackawanna Steel Com
pany, Newport News Shipbuilding Com
pany, Youngatown Steel nnd Tube Com
pany and either tho Iroquois or Inland
plants near Chicago. The Standard llll
Interests nlso control tho Colorado Fuel
and Iron Company and the Mldvnle Steel
and Ordnance Company, but these. It Is
snld, will not be nctually combined with
the others. It Is said that on the basts
of'80 n share for their holdings, Cambria
stockholders wilt have the privilege of
subscribing nt par to sharei of the now
company to the extent ot half of tho
nmount they receive for their Cambria
stock. Tho transaction, it Is snld, will
bo closed within 10 days. 11 Is also ns
serted that Mr. Replogte has obtained
options at SO on some S0.00O shares of
Cambria held In Johnstown. Th nn.
run until January 16 next. plloni
Incidentally, It wns confidently ,.
dieted todny that the next dlvldTnA'
Cambria would bo paid In cash n"
Chnngo the stock wns strong for a' tim
recovering more than yesterday'. i,8'
but the rally was short lived and bv ! '
virtually all tho gain had been cancel.?"
Tho local tractions were again cti.
but nftcr making new tops for the ...'
they encountered prollt taking and essVi
off somewhat. There seems to be a tooll
sized pool operating In Rapid Transits.,
Its gyrations havo been Interesting .
late. Tho next monthly enrnlngs nt.i!:
ment, It is said, will exceed the miS
optimistic recent calculations and m
show even n greater rate of gain iw
the last one. B """,
Tho remainder of tho local list rul.i
quiet but Ilrm. rulel
The shipments of anthracite com 1.
November were tho largest ever reported
the total being 6,297,215 tons, nn Incresi.
of 368,929 tons, and compnred with th
biggest previous tonnage of 6,193,311 In
November, 1911. Tho Lehigh Valley ,,
Reading compnnlcs led tho list, althouih
the largest Incrense was shown by th,
Lackawanna.
The recent rapid rise In the price ot
silver Is nt last beginning to exert &
hencllclal effect upon the local mlnlnr
Issues. Today Tonopnh moved ud
strongly, crossing 7. Hclmont was alX
ilrm.
PHILADELPHIA MARKETS
GRAIN AND FLOUR
WIIUAT.-Rccclpta. 108,740 bushels. There
was n continued good demnnd nnd prices ruled
Ilrm under light offerings. Quotations: I'nr
lots, lu export elevator No. 2 red, spot and
December. $l.tMil.20, No. 2 Southern red,
H.1UU1.1N; steamer No, 2 red, $l.in1.17 No.
tl red. $1.15111. 17: rejected A, $l.lHri.l4',;
rejected II, $1.11171.1:1.
CORN. Receipts, fiSlO bushels. Tho market
was quiet, tut steady, with moderate auppllcB.
Uuotntlons. Car lots for local trnde. iib to
location-Old Western No. 2 yellow. SOIIHlc;
no., steamer yellow, 70ftWe. ; no.. No. a yel
low, 7SS7IIC; new cob. por 70 lbs., )7iBflc.
OATH. Receipts, 40.20S bushels. Demand wan
fair and prlcea were well maintained. Suotn
lions: No. 2 white, 4llff lll'.ic; standard white.
i-'stNSc; No. .1 white. H)'!iiS47c.i No. 4 white,
II'jWI.TjC.: sample, oats, 4'-'344c; purined oats,
graded. 474c.
Kt.OlIIt.-ltecelpts, 101.1 bbls. nnd 1,101.103,
Ilia. In sacks. Them was llttlo trading and
tho market w.ib largely nominal. Quotatlona
per MO lbs. In wood Winter clear. $A,l.fl.i.4ii:
do., straight, $.1..VW5.7.1: do., patent. $.1.N)tp
11.1(11 Knntas, clear. Jute sacks, $.VU.i.l5; da,
straight, Jute racks, ri,4Ul3.ti; do., patent.
Jute sacks, $.1.(Mft.i.S0; uprlne;, tlrst clear,
$ri.:;3fi.V,u; do., straight. $A.iXKr3.r).1; do.,
patent, $.1.X.1fi it. 10; do., mvorlto brands. $(!.SOi
11.40: city mills, choice nnd fancy patent, $11.20
ditl.40, dty mills, regular grades Winter,
clear, .1.1.1551.1.41); do, straight, $.1.5085.76;
do., pntent. J.I.Siifin.lo.
RV11 t-'LOUIl m.ih iiutet but steady under
light offerings We nuoio nt $3.251j.j) per
bid., ns to iiuallty.
PROVISIONS
The nmrkot ruled firm nlth n fair
jobbing demand. Quotations: City heel',
in beta, amoktnl and nlr-drled, SlfjSuc. ; West
ern beef. Ir sets, smoked, '.MfTJac, ; city beef,
knuckles und tenders, smoked and nlr-drled,
Siili 17c, ; Western bee., knuckles nnd tenders,
rmoked, 2115127c. ; beet hams, $2M1i:i0; porn,
family, t2:l.,1iKii24; luin.s. H. P. cured, loose, 13
1'p',j0. ; do., skinned, loose, 12fll2!!iC. ; do., do.,
smoked, 1.101:14c. ; other hams, smoked city
cured, oh to brand and average, 17$?174c;
hnms, smoked. Western cured, 17M174C. : do.,
nolled bonelesi. 22c; picnic shoulders. S. I.
cured. loose. 124c; do., smoked. HUc. ; bellies.
In pickle, according to accraec. loose, I'.l'tf
M4c.; brenhfast bacon, ns to brand rnd ner
nee. city carod. I7S(lHc: breakfast .bacon.
Western cured, 17B1SC.; lard. Western, rcftnoo.
In tierces, lie; do., do.. In tubs, lie: lard
purn city, kettln rendered, In tierces, lie.; lard,
puro cuy, kcccio renuereu, in cuus, uv.
REFINED SUGARS
Tho market was quiet but steady. We quote
Hxtnc line granulated, 0.13c. : stnndard granu
lated, 0.20,; powoercd, 11.2.1c. ; confectioners'
A, ci.03c; newt grades, 3,UJJ.W)c
DAIRY PRODUCTS
nt'TTEll win quiet, but steady, with mod
erato suppllea Following are the quota
tlona: V extern, solid-packed creamery, fancy
specials. :i7c; extra, :i.1c. ; extra llratK.
USft.KIC; llrsts, ami lie.: seconds, 2iUI2iic. ;
m-urby prints, fancy, :iSe. : do., average
extras, a.1i:i7c. ; do., llrsts, iionasc; do., sec
onds. SGlfSUc; jobbing sales of fancy prints,
41MUc.
KtUlS. Choice fresh stock was ararco nnd
wanted ut full prlcea. We. quote: Kloo
cases, nearby extras, line, per doz. ; firsts,
$1U0 per standard ense; nearby current re
ceipts, $10.20 per case; Western extra firsts.
$10X1 per case; Orhts, $10.20 per case: re
frigerator eggs fancy, $T,Si!i,7.M Per ense:
do., hrsts, 57.SO per ease; do., seconds, fii.i)
lO.OO per case; do.. Interior lots, lower; fancy
selected candled eggs were Jobbing nt 41W
lac. per Joz
CliKKSi:. Tho market ruled Ilrm and 11
ahailo higher undcv light onerlnga and a fair
demand. Quotations follow: New York, full
cream, fancy, held. 17'a17f,c-.: "hpccIiiIh"
higher; do., do. fair to good, held lilUtf ITc:
do., runt Hklms, !.14e.
l.I i:. Kowla nnd chickens were plentiful,
dull and Ic lower. Other kinds of poultry
showed llttlo change. Quotations: Ton Is, aa
to slxo and quality, 12)il4c; exceptional lota
higher; roosters. lOff lie: spring chickens,
cording to quality, ItMfllc.: exceptional lot,
higher; turkeys, INffSOc, .lucks, as to ,!
nnd quality, Ml Ic: , geese, llfflOc, guiJi7
young, welihlng 2 lbs, nnd oier apiece, rer
pair, .1c.(iijl; weighing U4 hs. apiece. w5
pair. Minnie.: weighing I it?, apiece, per p.Tr
,H'., giilneis, old. per pair. AOirT.lr., plteoni
Y.s"(icr "V2.lc; do., young, per pal';
POULTRY
LIVE. Tho market was quiet with falrlr lis.
eral offerings at former rates. Quotation!'
Jowls, ns to size and quality, 18'al5c'
rnostcrs, llfflL'c.; Bprlng chickens. accordlnB t
,,.lll, l.l.ir.rt . ...,... ,u...u.. . . . " '"
.,.......,, .uo ....... iiiinrin, inilUC,; UUCKS, ,
to. slue and quality, 13fMI5c ; geese, llttiiv .
1.. oi; nun iu.uiiy, laniiic; geese, litricc
kgiuncas. young, per pair. H0c.if$l; do., old. Be?
rpalr. m)5i73c; plgconi, old, per pair, 22'dsJc
do., young, per pair, 1S120C. '
iiill'.s'KKiJ. Demaiul was Hiifficlent to absorb
tho llmltcil orfcrlngs of fine, deslrable-sliel
slock mid values ero well sustained. QuoU.
lions' I'reshkliled turkc)s, fancy, nearby. Elj(
21c. do,, c'o.. Wrstern, dry-p.u'ked, 22g2ac,i
i'o,, fair li good. 2(H21e. , do., old toms, 10c.:
do., Inferior, lStflSr. ; funis, 12 to box, drj.
picked and dty-paiked, rnncy selected. 18c:
neighing I'a'i.l lbs. apiece, li,c . welghln I
lbs. apiece, 1114c, weighing .14 lbs. apiece. 159
Hi4c ; welshing .1 lbs. apiece and under, Uv
lie: Hue henvy fowls, In Parrels, fancy, welsh
tng 44)1.1 His. nplere, 17c: weighing 4 lbs.
Inc.; smaller sizes, 124l4c. old roivters, dry.
picked. 1.14e. ; chickens Jersey, fancy broilers,
2l5i2i:c. : other nearby fancy bioltcrs, 2Jl2lc;
Western bioltcrs, weighing I V, 11 2 lbs. aplect.
2ii1i22e: niirthern llllnoli chlckehs. tancy, )el
Ion', weighing 4 lbs. and over, lvalue , north.
ern Illinois, tiincy, weighing 2411.14 lbs.. In
Iioxib. IH'dlTc. : northern Illinois, tancy. weigh
big 2!,Ci:i lbs... in barrels. LViliH'., other
Wes.eni, 4 lbs nnd over. In boxes, KfilSc:
other Western, weighing '.iti.14 lbs.. In boxn,
Mlilile, oilier Western, weighing 2411:14 lb,..
In bbls., l.lfulk.'.; Inferior. i:te, spring duck,,
nearby, lNiiilic.; do., Western, fancy. l'filSc.:
fair to good, t'-'-fil.-.c: geese, nearby, HJlilPc,;
do.. Western. H-?i l:o. . equal's, per do,.
White, weighing II to 12 lbs. per doz., $4.0)
M.'i. IJ: while, weighing 0 to 10 lbs. per do...
fin !...() white, weighing .N lb per doz., $M1
fi:i..V), white, weighing 7 lbs. per doz., $2.50
i:i; white, weighing 11114 IPs. per doz., Ko
2.23: dailt. $1.732.23; smnll and No. 2, JItf
FRESH FRUITS
Tho geraeral market ruled steady undtr
modernie offerings and a fair demand. Quota
tions: Apples, per bbl. Jonathan, rnncy, $.L.30
H; do., inlr to good. J'.'.SOff.'l; Mcintosh, tltji
J; Smokehouse, $:i4f:i.nti; llrlnieB' Hidden, $i
fi.l.oO; Wlnesnp, $'.,.731i:i..1ii; (lieonlng, $l'.75ii
a..Vi; llaldwln, $2.73Ji:i.3ii; lllack Twig, U.'MI
a.2.1; York Imperial. $21ia.2.1; Twenty-ounce.-W
Sill; Pippin. $2fi:i; Hen Davis. .Sl.731i2.23; other
cnrlctles. $l.nifi2.,10; No. 2, $ I U 1.2.1. Appln.
In bulk, per lno lbs., ,1Uc.W$l..1li. Apples, Wen
em. per box. I.T.112.7.1. Pears, per bbl.
Meckel. $4!Jlu; Sheldon. $lf(3; lleurre d'AnJou.
$2..10fi:i.r.O. liraties, Ni-w York. per 4-lb.
Uiskct Delaware. Ii)1il2c; Niagara, 10f?12?.i
Concord. 10bl2c. (liape.i. Necv York, per 2C
lb. basket Concord. 4Ufl.V)c. ; Niagara, 4."n."Dc.
iirangrs, l'l rlda, per irnli'. l1.7.ii2.M
Tnngerlnefi, l". rlda. per strap. $10.1.30. Grape
fruit, I'lorlda. per crate, $21i.'l. Lemons, per
box, $21i.1. I'lncnpples, per crate -I'orto ltl".
$211.1. Cranb?rrles, Capo Cod. per hbl, $3STi
do,, Care Cod, per crate. $1. 7312; do., Jersey,
per crate. ?L.",05f2.
VEGETABLES
Choice stork fold falrlv and calues general.-
were well sustained under moderate otTerlnfi.
Quotations: White potatoes, per bush.- Choice,
U.lc.a$l; fair lo good, S3ffliOe . white lotaloe,.
Jersey, per basket -No. I ItoH-. 411i.V,c. . No. 1
other varieties, lull 1.1c : No. 2. '.'01i2.1i. sneet
potatoes. Jersey, per basket No. I, 4011M-.;
No. 2. I.lfl'-'.V. ; sweet !otaioea, Virginia, w
bbl.. SI. nil 1. 7.1: onions, per 110-lh. bag- No. 1.
$1.T5T(I.S.1: No. 2, itKiT.V.: cahliage Danlih.,
per ton. $0fi 10; do., doine-'tle. per toil, Wflfl;
celery. New York, per bunch, l.ililOc. lettuce,
Florida, per basket. l..lOfl:i. do.. North Caro
lina, per basket. ttXftl.M; beanr, l-'liirlda, l"-r
basket, $2fi:i.2S: peas. I'lorlda, per basket.
f,1..'-ii)i;I..M; eggplant, I'otlda. per crate, I.'.J.ii
2.73; mushrooms, per 1-lb. basket. $15il.M).
RATES FOR MONEY
Call.
liir.'
Time.
241i:i
New York
Philadelphia .141)4
.uniiiii .....,,,.,,,,.,.., ;,
Chicago :ti.'.74
Commercial paper, three to six months, Phila
delphia, .1jM4 per cent.
a'.iWI
IH'i I
i'.-j
Reserve Ranks' Discount Rates
ID or Cher 10 Oier'IO Over 00
less, up to 30. up to no up to no.
noston a 4 4 4
New York .... a I t 4
Philadelphia . .1 I 1 4
t'lci'claud ,'lVj 4 4 411
Atlanta I 4 1
Chicago I 4 44
St. Louis .1 I 4 4
Minneapolis .... 4 4 44
Kansas City.. .414
Dalian I 4 4
San Kranc..co. a .'14 4 4Vi
Agrlrul. Trnde acceptances. Corn
over IK), up to no. Go to UO. modify.
Doston .1 :ij .14 34
New York 5 34 34
Philadelphia .. -44 .1 :; 3
Cle eland .... .1 34 4
Itlchmond .... ' 34 4 3
Atlanta 5 34 .14 :t
I'hlcago S
St. I-oula .1 34 4 3
Minneapolis ....' . . 3
Kansas City... .1 34 34 3
Dallas 3 34 4 3
fian Francisco. 0 3 34 ":ti
Tp to 30 days; oxer 30 to 00, 4 per cent.;
oter CO to IM-i, 44 per cent., and oxer U0, 5
per cent.
GOVERNMENT BONDS
2s nf 1U!0 registered..
. at 111:111 couion
Panama L'h registered.
Panama 2a Hits registered..
Uld. Asked.
. PUU ..
. tin
.1)8
.. UN
Panama new .'In registered I0IV1
Panama new 3s coupon 1014
.Is cf PUN registered 101 1 1 ..
4s of 102.1 registered UO 1104
4s of 11)23 coupon 110-5; ..
Ingersoll Rand Extra Dividend
NKW YOHK, Dec. 9. - The Jngcrsoll
Hand Company today declared an extra
cash dividend of 10 per cent on the, com
mon stock, payable December 20 to stock
of record December 17. I.ast dividend paid
was S per cent, on April 30, 1915, the regu
lar annual rate.
DIVIDENDS DECLARED
ricpubllc Trust Company, regular quarterly
I', per cent., payable January 3 to stock of
rpcord Dec-ember 21. ,
Anu-rbiin Iron aim Steel Manufacturing
Coiupnny, regular nu.uterly 14 per cent, oa
preferre-1, pay.iblH January I to shareholders
aa of record December is, nnd regular quai.
terly 114 per cent, nn common to be Ial4
January .11 lu i,tackholdera 01 record Vf
cember IS.
NEW YORK CURB
A met lean .Inc
Hraden
Iiriliah-Am Tobacco old ..
llrltUh-Am Tobacco new . .
Car Light
IlLldlleld Cons
Ilt-ndce Manufacturing ...
lnlmmUon.il Marine
International Marine pref
Kennecott Copper
Lehigh Valley Coal Sales .
Marconi
Magihn Copper ...t
Mldvale
NlPissIng
Otis Klcvntor
Otis Ulevator prcf
I'ciiii Mai Onl
Itlker-IIcgeir.un
Uteiling (luri
Submarine .-.
Tobacco Proiucts
Tutted Profit Sharing new
World Film
Yukon Gold
Hid. AikeJ.
. . i.S m
,3''' !?.
"'' J5'
. 13 IV,
74 J,
. 14 I'
:io as .
1.14 iiji
. iai iia
. 31 WlJ
Ml S-'
. :i, i'i
ll, i-i
. 7?!, K1,
T9
. 71 ;
. I,,' w
. 84 H
, s -
. 431 111
Tax Free in Penmyt)ania
We own nnd offer
Reading Gen. 4s
Penna. R. R. Gen. 4V3s
Penna. R, R. Con. 4V2
Lake Shore & M. S. 4s, 1928
N. Y. &. H. R. 4$, 1934
Allegheny Valley 4$
Particulars on application
A. B. LEACH & CO.
115 South Fourth Street
Graham Ik Co.
BANKERS
435 Chestnut Street
Investment Securities
Our December circular of invest
ment offerings will be gladly sent
upon request. This list includes
many bonds that are
Tax Free in Pennsylvania
i
3&-tfr, T