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EVENING LEDGER PHILADELPHIA, FRIDAY, DECEMBER 24, 1915.
12
wwy'l'uwwlwNf'MPW''ww"'"uU''''-
I;
r
FINANCIAL NEWS
YULETIDE DECORATIONS ABSENT
ON NEW YORK EXCHANGE FLOOR
Christians Bonuses Came Along, However American
Tobacco a Strong Issue Present Dividend in
No Immediate Danger, 'Tis Said
NEW YOIIK, Dec. 24.
There ai one brenk In nil the record of tho Stock exchange for the
Christmas period todny. No demonstration vvns made by nny of the brokers
In direction of tho ustml festooni of evergreen nnd holly bunches, nnd nil
that was done to toll of the Chrlstmnstltlo spirit was around tho telephone
booths, which was inld for by the telephone clerks themselves. This Is tho
first tlmo In oil tho lonjr Stock ttxchiuiKo history that the coming of Christ
mas has not been taken worthy of organized action. Hven where the time
has passed up to the Inst day without nny effort tit display or celebration,
committees haVo been formed over night, nnd In the morning the Stock
Exchange floor was a mass of green and red. The Christmas bonuses, how
ever, enmo In old-time shape. livery one looked to for gifts was a cheerful
giver, nnd there were more hnppy receivers In the Wall street section thnn
have been Been there In several years.
As far ns price movements went, it was n bull Christmas, but, while
higher prices satisfied customers, the diminished volumo of trading hnd an
opposite effect on brokers. New York Central and United States Steel common,
lenders In their respective groups, binned tho way to higher prices. New York
Central broke through another unit, crossing 108 with an advance of s to
10874, coming close to the high record of 1093; In 1013, which may rensonnbly
bo expected to be passed early next week. United States Steel common nlso
moved up , selling nt S7)i before noon. This upturn was a natural sequence
to tho absorption which has been In progress for some dns nnd which was
most pronounced yesterday, when 40,000 shares were taken on orders from
n single source. Tho market closed strong.
American Tobacco, which was vvenk for seerol days, made some recov
ery today, selling up more thnn sovon points, some of which was lost In tho
nfternoon session. Tho selling of a block of 4000 shares of Tobacco common
by one of tho largest Individual holders, nn cstntc. Is said to be the prin
cipal reason for tho recent extreme weakness of thnt Issue Tho weakness,
It Is said, was aided by the fact thnt certain Interests close to the American
Tobacco Companj, learning of tho Impending liquidation, used their best
efforts to buy this stock In at tho lowest possible price.
From those In n position to know It Is learned that tho present dividend
on American Tobacco common Is In no Immedlnto danger, and thnt the present
earnings warrant tho continuation of tho present rate for some time to como,
Tho $40,242,000 common stock of tho company Is now distributed among
1900 persons, nil residing In this country. Tho foreign holdings of the com
pany's Rtock 1ms virtually nil been liquidated.
Tho mercantile paper market continues narrow. It Is a dubious prospect
for tho financial Institutions that are attempting to secure 4 per cent, on
paper, and tho nccumulatlon of 'funds, ns previously reported, has forced the
banks and trust companies to do a lot of redlscountlng. Rates for extra
choice quality are 3 per cent., with the nerngc 3 " fTT 3 V4 per cent, at the
New York Stock Sales
Alasli Jnncin .
Ahski Oold M . .,
AliM-halmerj Mfis
Alllj-Clul SUt pr ..
Am Ag Chemical ,
Am Ilcct Sucar , .
Last Close High. Law.
lU
i 24Ji
, 32
84
. CO1 i
09H
10
25H
8 IK
71
0
10
21K
32)1
71
09!f
Am Drake S & V ctfj 102'i 100M 100
Am Can 60( 02 00H
Am canpr no!. m
m Cat & l-Yiundrj
Mm Covl Product)..
Am Cotton Oil . .
Am Hide A Leather .
Am Hide Ijpf . ..
Am Ire Securities ....
Am I.lneod
77J mi 78
150 155IS IS.)
54 ij 53) i C
10'i
5l!i
20)4
2.W
iUi
70H
0
WoH 105)4 10M lOiH
.111! U2H nm 1HJ4
10'f
MH
2QJ4
23
41
Mi
!)
Cloe.
10
24!t
32' i
RtU
71
70
100
01
lll'f
78l
155W
65
WH
51 K
204
23
41W
GOV
0
10) .
50
2GJ.
22!
Am Unseed pf 4t
Am t-ocumotlva CO'f
Am Malt l)
Am Smelt Hot . .
Am Smelt A Het pf
Am Smelterj nf n Of) 01 90
Am Pmellers pf 11 85 85H 85! 85U
Am steel Foundries ... 02 53 02 02
Am Sum Mo.'lnlns . .110X M 115,' 115,
Am Tel A Tel 123W 120X 128' 12SJJ
AmTohrco 200,' ( BOS 202H 200
Am Woolen tr .. . . 4S -I7li 47' 5 47H
Amerleau Zinc .. .00 "Hi 0S' 71
Anaconda Copper 80'i b'H SSJi 80
AMoclated Oil 04 04 01 01
Atch I ft S K ... 1(101 10t' 100U 107)f
Atfh T & 8 V pf 10M WVi I01 101'f
Atlantic Coast Line . .113 lull 11334 ll.lt (
tlaldnln Loco 117' llfllf 1181 118li
nalllmore A Ohio.. . . (Ijjf DIM D3' 0-t'f
Halt A Ohio pf 77f 77)4 77)i 77!
Ilalopllaj Minim 354 3!S :H ,1SS
Ilethlehem Sleel 472 472 471 471
HrooUyn Hap Tr . S7 87Jf 87M 8714
nroourn union uas ..13.1 131 133
Uurni Ilroi 874 NS'4 87'f
Unite A Superior 07 70)S 07l4
Cat Petroleum 32 .124 3l'
Cl Petroleum pf 0134 Ol't 00)4
Camdlan racine 181 18U4 180
Cent Leather Co 51)4 XH B3W
newpcaka unia . . 03
CMIe Copper 2414
Liuno copper 55
SENTIMENT BULLISH
IN WHEAT MARKET
Buyinfr of Good Character and
Prices Touched New Top
Marks
33
J4f
principal financial centres nnd 3 per cent, tho minimum In tho country i Erie 1st pf
Chicago Oreat Wwt
Chi (It Weil pf
CM Mil A bt Paul .
C M A St I pf .
C C C A St L
C C C A St I. pf .
Chi A Northwest .
Chi II 1 A Pac .
Colorado C'lel ft I .
Consolidated Gas . .
Corn Products Kef. .
Corn Products Hef pf. 02' 02
irucipie steel
Delaware ft Hudson.
D L A W
Den A Illo Grando.
Dl,t liters Securlllej .
Domo .Mines .
Dul S S A Alt. .
Dul S S A Alt pf .
Erie
0214
241f
544
15
33s i
OIH
03'i
21'f
AVI
15'
.'lO'l
04 It'
lll'f 132'f 132U
48'4 4I)H 4S4
75 70 70
.l.i()' 1,11 131
. 1054 17 10'f
. 51'f 5.H4 62
145lf 145'4 Hilf 115)4
10H 20U 104 11)
01V II1H
7.1f 7 Hi 73M 73' 4
152W 15.1 152!i 153
222 14 222 22 22
. 14)4 T4 "l4 "i
10 tO'i 4Bli 4B4
CHICAGO. Deo. 21 Bullsh sentiment
was I nevldence all around the wheat pit
early today and new high record were
again established. The buying wan of a
good character, being led by the Armour
drain Company, A. C. Slaughter & Co,
Logan and Byan, and others, white the
selling was limited, and scattered. De
cember reached a new mark nt $1 21'4,
May roso to tl 28U, nlso a new top, and
I July to J1.1SV4 Some profit-taking caused
reactions of about two cents from the
. top lecl, but near the close tho buying
00f I was again pronounced and flnl princes
wero Z'fc to z?s cots net lustier.
Reports of green bugs in south
western wheat fields by the Modern Miller
and other authorities added to the bullish
enthusiasm $nd evidence of Increased
outside Interest was shown by the bulng
orders of commission houses.
Corn nlso ndxanced Into new ground In
the forenoon Tho Increased bulng was
on the theory that prices were low, ns
compared with those for is heat. While
tho buying was scattered, It was for large
amounts nnd, with limited selling, the
advances were Inevitable 1'rlccs followed
those of wheat closely nnd reacted dur
ing tho middle of the session, but nt tho
end December wns 73sl, or H cent under
tho highest, while Mny nnd July finished
at the highest, nt "Gi nnd 77!i, respec
tively. There wns quite a rush to buy oats
when ndvnnces of la& cents were scored
The demand was quite general. At the
close December wns quoted nt 43a4c. and
Mny nt si'ic. Sharp upturns were re
corded In tho market for provisions nnd
covering due to the strength In grnln nnd
the ndvanccs In tho hog maiket
Leading futures ranged as follows
YestM'a
wncai unen, men
December 1.2V4 l.JT'b
Mm- . 1 i'Hit l as
July 1 IT 1 18
133
87'i
C0H
:ni
C0)
iRO'4
61)4
02)4
24!(
54'4
15) i
30
0454
132
10)4
70
l.U
10'J
5254
Sates in Philadelphia
Tes eloee. HlKh. Low. Close.
10 Amer Can Oltt W t'S
460 Buft & Su t e. 42 40i 40 40
20PO Cambria Steel.. 74SJ J5 7Vi 74H
100 Cal Petrol 324 S21 82H 82K
20 Erie 41K 42 42 42i
1 Oen Aiphalt ... 34H 34 8 3
35 Ins Co N Am .. 23 23 25 25
!S0 Ut Sun Corp .. f 0 15-10 0 04
1T0 lh V Tr pref. 39 3SH M'i 38H
.1ST Pcnna n It. ... 69 R04 C9 BOH
218 ra Salt Mfg.... 00 ASH P8H PSli
23 da pref . . 84 84 81 84
110 Phil Co cum pf 42i 424 42H 42)1
80 Phlla Elee .. . 2SH 2S 23 2SH
100 rhlla Hap Tr,. 10T4 20Mi 20H 20H
8033 do Iran ctf. . 10H 20, 20 20H
20 Thlla Trao . . TO'i 70 TO TO
200 Heading 82)4 82, 82 82H
100 So Paclflo ... . 102K 102M 102H
200 Union Trao 44'4 41 444 43
fiT V Oaa Imp . . 8S, 80 83'4 8-1
M41 U S Steel. . . . SO' 8T 8-4 8TS
1 an pref 110H 1I0H ltl4 llflij
ICO Weat Uloa .... IW 00 80
3 Y 3 A S 8 .... ta MM M)'4 Wi
W Cramp & Sons. . SU4 80V, 8fliJ &i
B Vork Itwy prof. 31 3") 35 35
section.
294
0
I.T4
42 ,
50 i
60
FRISCO KEOKOAXIZATrOX
PLAN NOT SATISFACTORY
New York Bond Sales
Three Protective Committees Do Not
Like It as Approved
NEW VOniC. Dec 21 Tho plan of n
orgnnlzatlon for the St Louis nnd Sin
Francisco Hallrond Company, ns approved
by the Missouri Commission, Is unsatis
factory to tho three protective commit
tees thnt worked it out. At least two
fenurcs of the plnn In the form In which
It wns presented to the commls'Uon, both
of which were rejected by that body,
were regarded by these committees ns
highly Important. Particular stress was
laid by them upon the otlng trusteeship,
which Is not nllowcd by tho commission
The committee and tho bankers as
sociated with them felt that If they be
came financially responsible for tho suc
cess of tho plnn thej should be permitted
to namo the directors for n period of
years, during which the new compiny
would hao an opportunity to thoroahly
establish itself
Inasmuch ns mcmbrs of tho three com
mittees have not received official copies
of the plan ns npproved bj tho commis
sion, the were disinclined todnj to cx
prcsb nn opinion regarding it, or as to
what they would probably do next. There
is excellent reason for belleWng, how
ever, thnt for several weeks they have
had In mind what they would do. and
what they were contldcnt they could do.
In the event of the decision nf the com
mission not being satisfactory.
Approve Frisco Reorganization
JEFFERSON CITY, Mo., Dec. 21 The
Missouri Public Service Commission ap
proved In part the reorganization plnn
for the Si Louis nnd San Francisco Hall
rond. The plnn as approved reduced the
proposed capitalization of the system
from 327,O0O,00O to 319,000.000. Payment of
JCSOO.OOO for reorganization expenses,
commissions, etc , Is approved, but It is
specified that such expenses must be
approved In detail by the commission be
fore payment. Unsecured claims must be
taken caro of In the courts.
JTVion Alhnnj & fun V,
I'loo Alaska OnM cs i
iro Amor Acr .'
lUTVio Andlo r I 3h
.1!Tci)(l Amcr Tel est 4'!it
.".out Armour l'o 4ls .
1mki Atchlsnn Ken 49
.".no do mlj 4i ..
"ioo do n . .
WW do rs 4s inn)
".lam ilo .".
"OCO Hilt & Ohio !
1M p ilo 4s
04MKI ito c 4'5 . . .
10OO Ilrook L'n Una 1st ft
Kim Cent Oa conn Ss .
Lsxneent Leather 1st .Is
l.-rft Out Par 1st 4
M'J Cmt It It . t ,".j .
3HHii Chill Copper T
2i hk) Ches ft Ohio c 4M
'4M I'hpR ti Ohio 4Ui
LtKW Chi B & Q joint la
lllKh
s-.i,
1111
lirji,
. . in
nT'
lit
. Kj'j
Jul'.
107
ini3
irt
tn
. !''
11)1',
ion;
ui
IKS
in.',
.in
. h-.J
. IHttj
i.Tt:
Ullj
ll'Vi ( lost
si'i, s-iv,
Krlo 2d pf
Fed .Hn A hmelt pr. . 52 4
Gen Chcm pf nnif
Oen Lleclrlc 17Ji 174
Oen Motors IG"i 4S5
2S'i
7h
1.1
12
50 f
60'
5." 4
llt'i ll.l'i lH'i
17.1 17 J! 4
450 4S.i
M4
7'4
13
42'i
WlJs
50',
'Sit
74
1.1
42
511" i
50) i
5214
Oen Motors pf 110 118'i 110)4 US
tioodr'ch II K Co . . 72't 74 'f 7(4 7P(
(ioodrlch II F Co pf . 111 l-' 112IJ 112'f
nil
IM9.
iikij;
Vi
ILIS
87
111'-.',
II IT
iniK,
0.1
ll.l
111)
1T.M,
III',
10'1'J
M
li 1
NT
lll'
10T
101",
inii, nm
01J lOlii,
lw'J 10154
li o 1KV
Mis, WV,
llrt'n
in
8".',
u-'J
lin
if.
"
IK)',
II. ,
.Vino (.hi 11 ft g (ten 4. Illti ll2'j 02V,
2.S.KX) Chl M i St P c 4H.1IU. Hlll-5 101'J
4'mo Cona Oaa cv l ... .1241, yii iij
loon Cuban-Am Bus fin 101 101 101
iukjo Del & Hud 4s 101U
joo i-'rlu con 4 s A
0.1000 Erlo conv 4a Ser U
I1S 1 rli 1st ions 5a .
IMrfni (tri-en lln II
40O0 Hud X. Man In 3a
tvici llu.l A. Man rM ,"s
2T000 Indiana Steel Sa
li i In Ctvrer c s
4"CCO Intcrb Met 4H .
1MI Inter!) II T rer .'.,.
vw u,tLiaiiron lie. i a -imih I".
HIIPO kiln A. Mlt-h .! ?,lli
uxi Iick steel .".s. lien, dm:
Hi L Shore deb 4. lmi . in
i.lll L.IK a Jl t , .101
hiiuii i.ornmr.1 reu "
1ii 51 i. ! s S 11 li
nt Mo Kan tc T lot
3rxo Mo Pac cv Bs
Iikm) Mont Poner fn .
mkj i c Hi
llKJl-i
Tl
kit
TIS
iniS
7
ini.
IMKX N V C A Hud 4'
,I1X x v (Mtv 4Us llli
iiim ilo 4"..ti May idii
2W V V (las II & P 4s
.llHIU,
TTlt
. 4C.I4
l-.i
ILH,
inmi
..lUVi
FOUEIGN EXCHANGE
NEW VOftK, Dec. 24. The market for
foreign exchange was seady In the first
hour on a moderate volume of business
Thero was little or no feature. Quota
tions Demand sterling. 4 724.72 13-16;
cables, 4.7-,.; f unc cables, 5.84, checks,
SSSlj; relchmnrks, 767i nnd 76 15-16; lire
.cables, 6 57; checks, 6.58; Swiss cables.
E2SV4; checks, 5'i: Vienna, 13 30 and
13 35, Stockholm, 27 75 and 27 90, pesetas,
1KM and 1S.S3; guilders 43V, plus 1 1-16
and 43 6-16; roubles 31',- and 31;.
In mld-aftemoon French exchange re
covered, after a slight shading to 5 81
for cables and 5.S5 for checks Demand
sterling held at 4.7254. but cables eased
slightly to 4.73434.73 9-16. Itelchsmarks
were not changed at 76Ti and 76 15-16.
2000 ,; Y N 11 & 11 4 ip-.ii. hi;.
TMI N- Y Iluv ref 4i
3IWO do adj "is . .
IimK) N V W C & II 4'is
I.".v Nor Pac prior 4a
10iK .Vor Pac (ten :t
moo ore Short b rcf 4s
4000 1'arlHc Tel .'.s .
,'OiH) HeadliiK sen 4s
1 Hep Ir A 8 5s ..
IOOII Itoek Island rM 4s
.K100 south Hell .Is . .
Tom noutli Pac rf 1 4s . ,
OV.OO do cv ret f p .'.a
2T0.ni South Itwy gen 4a ,
looo south Itwy con Ds
32HI r S Steel .'.s . .
Ms-iO t'nlon Pac cv 4s
100.1 rnlon Pac rfd 4
1ji Tnlon Par rfd 4a ,
Mfm Va Car Chm tit ..
Iirno Va nny Ss . . . .
KKft, ))HUIISn JSl
H2
li
. !I2J
ins
. iH
. 07
.. !'iT;
. IKl
.loot;
TO',
102'!
.lll.
. UI'I
H0!
"Ha
102
. HI'.
1M,
IOh) w l.,.i, et sta 1st pd 4a V.
Oll"l "ftll'l1 I ISt Ct IS
.'mi West Shnni 4a
limn W'eai Union 4'bs
40uo Vt heellnit & L hi 4s
I'.
II.'
t'4
To
U(
,1
so,
110',
Afc
IV! i,
T4;
TOW
liMJ
IH
101
iKl'l
ICllJ
4 lit,
111
11J
ma.
inn
T-".
S.'
112
mi
les inii;
111.',
iiT
lri-i4
i0
llHS
I'll',
hoi;
I0V
10.'
HT
IjM..
..V'
III
T0S
lmnii
.1
xt
Hot,
IT.
1
T4tj
ioi-;
Tl.l,
.IN,
Tin,
IIS1J
in
101
linn..
Hlij
TT
I'-.',
ll'i'i
U.'ij
Ills
1tl' i
H t
TJS
z?
IIS'I
tl.'J
(an,
114
In.',
IIT
lllH.
0
llX.'t
"n",
!('!
10.IS1
H.1IJ
liWi
nn,
ll
OT',
1'tl'i,
112
J.l4
til'
1H
TU14
(trcciie-Canada
Oreat Xorthern pf. . ,
fit X off fnr ortf prop
(iu2k'cnliolm Kipln.. ,
Illinois Central
Int .Xgrlcultural pf. .
Inter (on Lorpn .. ,
Inlernatlonil I'apr .
International Paper pf.
Inspiration Copper. ..
Int Mcrcantllo Marine
Int M M pf cf dp .
Int Nickel
Kan tllj fcouth
Lack Steel
Lake Krlo . West . .
Lake Krlo . West pf
Lehlsh Valley
Louis S. Nash
Maj Dept Stores. ..
MaXftell Motors
Max Motor! 1st pf. ..
Max Motors 2d pf..
Mexican Petroleum...
Mex l'airoleum pf ..
Minn A. St Louis . .
Minn a. bt L pf
Mo Kan & lex
M St V A S S M . .
Miami Copper
Missouri Pacific . . .
Montana l'oer . ...
Xatlonal Illicult . ..
Natl Cloalc A Suit ...
Xatl C iS, S pf
Nat Enamel AS..
Nat Lead
N'at Lead pf. .
.r)l' 01
125U I.'O'i
48'f IS't
78'i SHU
107.'. Wi
IMS 2l
01 'i .r",
1215 UO'i
II) 4'l 5
711 i 8')S
107 IDS
5'J oS'i
2H, 31i
12 12 121, 12f
lOli 50'f 4J 4I))S
45!, 45'f -lj'4- l.j'i
18M 18H IS 18
. 731,' 74f 72 7.0C
.10". mj ll5 1131,
. :nh J14 .11 ai,
. 80H h2'i 81 81
. 13 1.5 1.) 15
. 375. 38 ;)7H 37.1
. 82'f sl'f M'l 8W
12SH 120'S 12!) 120M
. on, 01 at 01
. 73'.' 7ti 74U 70)4
.101U 102). ltli 102 H
. 55J( ."55 55if 55H
.103l 10(5 104 li 10.) M
my 07'f U7 07
13'i 15 15
344 344 31)i
7 7 7
12l'f 124) 121!f
. 4'i Mi .MH
4 3H 3J
7.1'i 731S 73'i
127 127 127
70'f.
Total sates, 13,908 shares, compared with
21,181 shares yesterday) for week, 01,488
shnres,
PONDS.
Last prev. sale. Hlali. lxw Cloe.
1000 Am U 4 El t! IO
0000 Baid Loo 1st Sa 100
11000 Beth Steel 0s...ltD
8000 Key Tel 1st Cs . B5
POOO take Sup lno Ga 2S
2000 Uh Vnl gen 4s.. (II
iKJ I'enna lien 44s.. HO;
POOO Phlla Co cons a 89S
100 rhllt nice 4s . 84
.1000 Kendlnu gen 4a. nl'4
4000 Un Pnys tnv Ss 74
Total sales, $58,100, compared Willi fDO,
883 yesterday; for treek, $311,030.
S9 Wk SO',
105 101 103
120 120 120
0J tWi D5T4
2T 2T 27
11I4 HI'S nm
lOTs 100 1WA
SH S. 81S
S4 81 SI
04'4 lll'i t!4
74 74 T4
Corn Inevv ilelHerrl-
lyuiniiuci
Ma .. TVi
July .. . Til
Oats
December 41
May .... 40U
Lard
January .... 0 62
Uy V 03
Itlbs
January .... 0 PO
May 10 27
Pork
January .. 1q no
Mat .. . is UT
iild tAsked
nt.
41..
0T2
10 02
1010
10 4T
IP 00
lSUT
Iot.
1.21't
1211
1 1(1
m
41
40'i
Close rlose
1.2T1, I 24J,
I 2TJJ t 8W
1 1S 1 U,i
Tilt,
4.1
4T
P TO P T2
10. Oi) 110 02
10 07
10 41
IS 02
18.U0
1010
10 47
T1H
7".
t7.V,
42'j
451,
P.M
U.S7
PRO
10 11
IP 00 '18.11
IS 07 11.00
COTTOX CLOSED FIRM
IX QUIET SESSION'
MOVEMENT OF MONEY
NEW YORK. Pec. 2I.-The known
movement of money for the week ended
with the close of business yesterday In
dicates that the banks, aside from tho
(fold Imports, broke about evert. As nas
the case for several weeks preceding tho
reported deposits of cold representing Im
ports from Europe were not entlerly re
flected In the Assay Office deposits. Ap
parently there Is about J3,C,00O of the Im
ports unaccounted for. On the other hand,
tho banks lost $1,500,000 on account of told
coin withdrawn from the subtreasury late
yesterday for shipment to South Amer
ica, This item is included In the comulla
tlons today, but will, of course, figure for
only one day In the bank statement aver
ages. The banks lost tot he Interior II.
029,00). but sained from the BUbtrcaaury
12,670,000. The gold exports brought the
net loss on all accounts to (2,529.000. The
gross receipts from the country were
tl.3SO.000, against e3.63tJ.SS4 last week. The
shipments this week were &40),000, as
against 7,69.&SS last week, which was
the largest shipments of any single week
so far this year. A bank, which In the
last two weeks was responsible for the
greater part of the loss to the Interior,
changed very little on balance thta week
la Its currency movement.
RATES FOR MONEY
Time.
21.U3
s ui.
Nw York H5g2
Philadelphia IWQi
ifojlou 3
JLBliaKU . , t . , -T"V VM.?1
4jun)jnerciai paper, tore 10 sia mauium, s-ojhi.
delphlo. 3W4 p.r ent. "
DANK CLEARINGS
Haulc ctauinss today compared wits coire
Dcndmz day lalt two years "'
rr ,. 1,., - mtj
Phl"a'"IplUa Ol 1X4 017 Holiday
notion ai42aaU HoJLlay
alwk iMjrjSil Holiday
1011
11.I4!.4T
2S B21I 18.1
37U.1S9.035
Gold for South America
Mv VOK t-" J -GcM t atnouot
cf ? If VXO. was vtfcd-Aien front the Sub
tjS3r?" tt eter0ay afternoon for
' rnt tCf Houlb, Awriqt
NEW YORK COFFEE MARKET
NEW YOItK, Dec 21 -The coffee mar
ket opened quiet and unchanged to 4
polntH higher, with bales of 500 bags on
the call.
A prehollday spirit prevailed in the
coffeo market, and In tho absence of
more thnn a very limited Interest price
changes were extremely narrow and tho
market wns largely nomlna'. There was
some disposition to sell tho near months
and bu trie late options, and these op
erations are resulting In a gradual
widening of differences Offers from
Drazll received yesterday were not ma
terially changed, but while Brazil Is not
pressing coffee here. It Bcemed to be the
general Impression that shippers would
be willing to nccept reasonable bids.
The market at Itlo was unchanged at five
$450 for So, 7, exchange was unchanged
at Utsd , the receipts were 10,00) bags
and stock was 453,000 bags. Santos un
changed at five JS00 for No. 4, the receipts
were 57,000 bags, and stock 226,000 bags.
Today's Yesterday's
opeiunj?, close
December 40 6.4lfl0.40
J.inujo ,. . "11.40 ,
March n.i.O BiAu.oi
May HuHiH.-n auTlltl.l.i
June il.Toau.Ta
July 'HTH "BTS
September H MM II ST U 6.1 SO. S3
October ,.,.., a.uog in
November U.WtaT.Ci0 .....I...!
Uld.
Si'es. 1000 bags.
RAILROAD EARNINGS
LBIIiail VALLEY,
1015
Nov. operating; revenue. JI.H0.33U
Ooeratlna; expenses .,,, .1.017.1'SI
Net operating: revenue... l..l;1.21H
Operating; Income . . ... 1.1R1.0IT
Fla months' op. rev.,,, 20. 4.1 il Ml
Operating expenses .... 11.U17.4S0
Net operating revenue. .. U, 110.411
Operating Income e.!M0.823
ANN ARDOH.
Second eelc Pecember, . W1..113
From July 1 1.10O.301
WESTERN" MAUYLANP.
Third week December . I10.1.SSU
From July 1 S.021.6J3
Increase
M.1,H1
414 liJi
2M UT4
3U) 1127
1.M0.71S
UIU 031
r.7l lAlt
B7U.2T3
122.471
OT.458
I17M7
1.020.473
LIVE STOCK QUOTATIONS
CIIICAOO. Pec. 21 -HOOB.-Hecelpti IT 000
head, market AalOc hlcuer. Mixed and butch-
era, t5.00iaa.50. jtood beivy. IU.20ait.30, rouah
heavy. suu IS. Ilant li &ao.2a: pill. 14.7,
tr &u Quia, (gmsiUiH
UAili-ri. neceipis.
heavy.
ATTI.K. I
strong; Beeves, tl 0O4IH 75 cons and heifers
n 2S4JB 4U. Texana. tuouias.ivj. caite.
eio
8IIEBP Receipts MOO, market strong;.
Native and Western. 43..VmUW. lambs, 10.40
Utf.uu.
l3toUo.2J: plii. 14.73
1000 bead: market
irers
S&23
MOO, market strong;.
RAILROAD EARNINGS
NOaTHETIN PACIFIC.
November rroag ITSatifO
' r'r charxes 1.407 IOJ
tortus 1 Poo.lU
CANADIAN PAl'IFIC
Third ireek December ll.045.ono
i'ruia July 1 ........ Ul.C'T.OCO
ii emooo
1 tMixu)
1 iMirj
iSlW
Neiada Con Copper.
N Air Urate . ...
N Y .V II m H . . .
Nen Yok Central .
N Y Chi & St I.
N Y C & St I. 2d pf
KiOi West . .
Norfolk S. Western .
Norfolk Southern . .
North American
Northern I'actilc
Ontario Ml M ,
Pacific Mall
1'enn It It
I'eoplei Gai Chl ....
Philadelphia Co . ...
I'lttsbursh Coal
Pittsburgh Coal pf ..
Pitts C t! 1 St I . .
Pitts C C & St h pf
Plttsbureh Steel pf
Pressed steel Car.. ..
Pullman Co
ity Steel Spring . ...
itay Con Copper ....
Heading
Hep Iron A. Sleel. . .
Itep Iran 5- Steei pf. .
Hock Island Co pf. .
St Louis i. S V
St IjjuU & S F 1st pf.
St Louis A S P 2d pf.
beatioard Air Une. . , .
Seaboard Air Line pf.
15U
7
..124
.. d4)
.. 4
... 7J'i
...127'.
... 70'1
,...110
. . 20
... 06),
...110
Monday Will Bo First for January
Notice
NHW YOItK, Dec. 21. The cotton
market ruled very steady today. Offer
ings were limited nnd covering for oer
the holldny ncnaon was chlclly respon
sible for tho ndvnnco of nbout 11 to 15
points from Inst night's closing figures.
Near months were relatively firm with
Innunry selling up to 11 01, hut the tle
mnnd from shorts wns supplied ns the
difference nnrrowed between that delivery
and Mutch, nnd th" lltt later eased olt
2 or 3 polnti from tho best. The relapie
mis short-lit oil nnd prices closed from
8 to 10 points nbovc Inst night.
Next .Monday will bo the first Janu
ary notice day nnd It Is anticipated thnt
I notices for nbout 31,000 lmles will be
Issued Snnnnnh wires reported exports
of 10.000 bnteH unci said thnt the stock
there wns not 05,000 bales below lost
ear's.
Uxports for the day aggregated 23,208
bales, against 21,670 bales on this day last
year. Clearances for the senson nmount
to 2,229.023 bnles, compared with 2.357,710
bales for the corresponding period last
senson.
rpen.
It st
12.11
12 III
l.-.l
it m
IA21
1-U5
Local Bid and Asked
Hurt A Sus t o
uo prei . .
UlaMnln . ...
Cambria yteel
Ivleo Stonigc .
General Asphalt...
do pref i
Ke stone Telephone
do Ir ctfs
do prer
l.ako Hup Corp .,,.
Lehigh Nat ,
I-ehlKh Val
Lch Val ir
do prefcrrM
I'ennsjhanla . ., .
rhlluiielphla Klcctrlc
l'hlla Uo . . .
do 5 per cent pfd .
do II per cent ofU
l'hlla H T
uu t c
ltenillng-
Ion Hel
Ton Mm ....
Union 1 ruction ...
I tlMH jnip
V H Mtll
1'ork ltw
do pref .
Wm Urimii c. ...
i;x ilUlilen,!
Today
Uld Asked
.111J5 11i
'V u
. . Tl
.. 14W
VeRtnrclav.
Hid .Asked
ll.Vl
.tl
.''
41 1
T4,
OI.
rii-j
4"J
Nil,
lITji
V.
14 4 14'.
U5 "i
TN TS
81 NlU
ltV5 IIS
UlJd I l'4
TJ
14J 14),
!!?
;jlj
!i(l
4A
4."
201,
2"N
2
Ah
n
44'.
M'.
ST',
II
.14
M
V!
411
.'III
42
20'j
1'
S74
III
II
ST
:u'
Ml
iM
:i8
ni
2S
4114
vi'l
,
4.''
110
l4i
-'
4" 3
II 1.1-111
41", 441,
S.
Ill
:iu
.i
2si,
415
:iu
4.'''.
1UJ4
lilts
S'U,
iii
ii
.Til,
M
Mri,
ti'.
ill',
MIVi
Financial Briefs
TJ'i 70U
111 HI 111
20 2!) U't
(lo'f 5W HoH
m in in
i.v. io in io
13l)'i 130 13S 130
7.5)f 75'f 7H5 7IJI
I07!j 10S4 W7'l HIS).
4UH 40i 401J 40M
03 C5 0j Cj
31 31 304 'iOW
1221i 12J1! 12J 122
25 2J 23 2o
72 7JIJ 7JW 7.M3
117H 117'j 117 117U
10H 10H 10 10
UU UU IV i Wi
Z0 69'f 59 OfltJ
lmii 100)j 1004 lOUli
45 451i 45 15
:io', 30lf 35 1 MH
112 lll'i 111). HI!.
SI bi SI o
m 07 00 or
97'X 05 05 05
(jo 05 fillj 0IU
1055i m)i 1G5U 105'
44 45 45 45
251. 25'f 25VJ 25!f
taii 8211 8 J b2
Co 55lj 54U 5Uf
HO). HOVi llOli 110H
ii
5
0
7U
IS
40
H
5
10
7'i
40
H
4'.
10
fl't
IS
40
i
a
10
0'i
18
40
Sears iloa & Co 183;g 1S5H 1814 185H
Sloss-Shef S 4: I Co... 03 0J 02! 02 U
Southern Pacific 102). 1021 J 102 102M
Southern Ity
Southern My pf
Standard Milling
StudebaLer Co . . . .
Studebaler Co pf-.. .
Tenn Copper
Texas Co
Tei Co sub rec f pd
'Ieias d. Pacific . . .
Third Avenue..., ..... 603i
Union Bag & Paper ., SU
23 2dlj 2J 21
02 02) 021X 02i
85 SO SO SO
107'i 10UM 10..4 107J,
113 113 113 113
G0 60H fill1, 50M
230 2.U 220i 330)4
238 230 230 230
14)5 15J 15)i 15)
til COW 01
rW 8 8JJ
United Cigar Stores... 0f 0). 0)f OH
Union Pacific 1381J 138)8 138 133
Union Padflo pf b2! S3U SMtf S1K
U S Ind Alcohol . ...131 131U 12s).' l.'Sli
V S Ind Alcohol pf 401 105VJ 105 105i
United rjult 147) 148( 148 148
United Hys lav pf,.., 30 38. ii!( 381,
U e ltubber , 51H 55H 51H 55
U S Steel...,...,...,,. b0', S7U 87 S7
U S Steel pf. HOW 117 HO'l U0!
Utah copper., , Nij uiri bOH b0)
Vi-caro i.aeai -int -i'Ji -I8f
Wabash w l .,,.,...., 10 10j: 10
Wabash pf A - I.... . 40)( 40U 45'
Wabash pf B l., 29, 20'f 20),
Wells Fargo Express.. 120W 120 H 125
West K i. M. ........ . U'J 00)
Westinghousa 1st pf... SO 7S)
West Maryland pf,,.., 45 43
Western Union 1'el .., b7 b7
Wheel 4 Lale Erie ., . 4). 4'
Wheel iU) 1st pf ,, 10H 17
Wheel & L B 2d pf.,. 5! 5!j
WUlyj OrerUnd..,.,,.2lU 210
b8V
74H
ii
sou
4)4
17
37
40
1U ,
ioit
MH
125
USU
78) ',
43
b7
4)
17
5'
aiu
Yes. clo
lanutry . 11 n
.March . 12 11
Ma 12 40
Jul 12. M
December 11 HO
OUuucr 12 .!
.Snot . 12 01
HlKh Low. CIobo.
11 !! 11 SO 1111
12.211 12.12 12.21
12 V l.'lll 1.' IS
I inn 12.11 li
12 on 12 I.I 12 tilt
1J..I1 12 J4 I. '..12
. 12.15
ClJIUl TRADING ACTIVE
WITH STRONG UNDERTONE
Advance in Midvnlc Steel Coppcr3
Buoyant
NOV YORK, Dec. 24 -Trading In the
market for outside securities today was
again rather ncttve, with tho gonernl un
dertone strong. In many of the special
ties, tho upwnrd movement which devel
oped earlier in the week, continued with
rather sharp advances In spots.
Mtdvnlo Steel was nctlvely denlt In nt
an ndvnncc of 2 with only n slight re
nctlon on realizing. Poole Engineering
nnd Machinery advanced sharply with a
subsequent reaction. Inter-Continental
ltubber moved up 2 points on heavy
trading.
The Marino stocks were comparatively
quiet but firm. Submarine Boat was dull
but steady. Canadian Car and Foundry
common nnd preferred moved at n range
of two points.
Coper shares continued strong nnd no
tlve Kennecott ndvanced n point nnd
rirst National, after an Improvement of
nearly a point, reacted slightly. IJraden
was up ".. Oils were comparatively quiet,
but generally steady. Honda ruled firm.
Afk.il
Itraden Copper
Itrttlsh.Amer Tobacco old ,
ltrltlsh-Amer Tobacco new
Chevrolet
(loldflelil ConrolldateU
llendee MIX .. ... ,
International Marine .
International Marine pU ,
Kennecott Copier . . ,
l-ehlch Valley Co.il Sales ,
Marconi
Magma Copper
Mldvale
Nlplsslna: . .,
Otis Flevstor
Otis l'levator pfd ,. .,,,,
I'enn Mar Ord
Itlker-IIevemaii
Merlins' tiiini
hubmarlne lloat
Tobacco Products . .. .
United I'mlll bhaxlnic new 1.
White Motor M(J
World Mini ;,,;.. 1
"Vukon nold , 2:
Ex dividend.
nid
. 11
: ?
.1-11
. 1
. 2S'.
. I
. T2'A
. .i-vv:
!fl
. Ti
. T
. HI
. .10
. 4I"J
J.'
"K
.iJ
IK';
THj
2
s
IMS
7TH
lit
01
til
4iW
XI
Hi
S.IV4
2
DAR SILVER
t LONDON. Dee. 21 -The prlro nf commercial
bar silver declined LIU to 2.V.d. today.
In Sew ork the white metal was quoted
at &V.c.
NEW YORK DUTTER AND EGGS
NEW VOIUf. Dec. 24 BUTTER. Market
fairly steady: receipts. Cilia paikages: ciir"
creamery 3 Iff 3.1c ; hlsher scorlnc. UI.6SIV-;
Male dairy, 3li3Jc; Imitation creamer), 23f
E9ls'";?r,?h f" I"re ,-? storage Bealc
rMefwU. BT10, estra hrsts SSfl8lc: rlratr. ai
32c.: nearby whiles. 43n4t;.. ml.ed lolon
flMHOSMc? "4dc; refrlsemtof
The Delnwatc Steel nnd Ordlnnncc Com
pnti, a JIO.OW.OOO Lorporntlon, will be In
ttodticed In New loik next Week by
I'lttsburgh bankers. The company hits
tnlun over the Diamond atato Steel t'om
pnny of Dcl.iu.iit-
The Ilco Motortnr Company, In addi
tion to the stock dividend of 100 per cent.
1 leiuiv itniiiiiiiKcd, nlso dcclnrcd nn extra
cash dividend of 2',t per cent, both pn
.....i. wiwiuuij W lu nuldets o. iccotd Uc
icmber 31.
According to Ilrndstrects, exports of
ivhtiit tills week were 8,310,000 bushcla,
last week, 10,2S9,000 bushels; last jcar, 7,
Hlb.uou bushels. Since July 1, 191,711,00;
venr ago, lM.MO.OOO. Corn shipments this
week, 237,000 bushels; last week, C31.000.
lust year, 6iG,0X). Since July 1, 5,569,000;
ear ago, S.SIO.OW.
The American Screw Company has de
clared nn extra dividend of 1 per cent.,
making 10 per cent for tho yenr.
The sent on tho New York Stock Hx
chnnge of Max It. Mncr has been trans
ferred to Samuel Dcsprcs nt J71.000 off
fjOO from the Inst previous sale. The
sent of Jefomo Newhorg hns been trans
ferred to Spencer K Mulford, Jr., nt 71,
0(i0. A partnership transfer was made
from Norman S. Walker to Sheldon
Tllney.
The listing committee of tho New York
Curb Association has ruled that the ord
inary shares of the nrltlbh-Amcrlcau To
bacco Company, Limited, shall be ex
dlvldend today.
Tomorrow, Christmas Day, will be ob
served as a hollihiv throughout the coun
try, and tho Stock Dxchnnges, commercial
exchi.nges nnd bnnklng institutions In nil
cities will be closed. In London the Stock
Hxchange closed last evening nnd will not
reopen until next Tuesday morning, the
holldny period there covering four dajs.
Chandler Itrothcrs nnd O A. Huhn &
Sans were buyers of Hapld Transit.
The New York banks gained from Sub
treasury $507,O1O Thursday, and since last
Friday f2,670,00O
Record Bank Clearings
NRW YORK, Dec. 21,-Bank clearings
this week nre In record-breaking volume
at a number of Important points, tho
total at the principal cities In the United
States, according to Dun's Itevlew,
amounting to JI.CC4.27I.0S9, an Increase of
65 5 per cent., as compared with tho
12,456.361,3.11 of the same week last year,
and of 74 6 per cent, as contrasted with
the J.!,323.393,574 reported for tho corre
sponding week In 1913
To Take Over General Motors
NEW YORK. Dec. 21. The Chevrolet
Motor Company, which W C. Durant.
founCer but deposed president of the
General Motors Company, launched last
October, with a capitalization of 20,000,
000, decided ut a special meeting of stock
holders vesterday to Increase Its capi
talization to 0,000,000 and authorized the
directors to take over conttol of General
Motors, which has 116,500,000 common
stock outstanding, at a ratio of not more
than five shares of Lncvrolet for one of
General Motors,
UoonorthJf W Co.,,119M U9!S U9ii UOii
WooUorth pf . ,.124 123 123 123
Quoted ex dividend.
Total sates, 684, 200 shares, compared Mllb.
413,500 shares yesterda tor Keek, J,338,tQ0
shares.
ANN CAL MEETINOS
IrSSf THK CKNTJfAI. NATIONAL I1ANU
iSSr OF PUlLADELl'llIA
Decsmbcr 13, 115.
The Annual Election for Dlrsctors or this
Bank will be held at thy Banking IIous on
Tuesday. January 11, JBI6, batwsen 11a.m.
ind 1p.m. WILLIAM POST?
Caahlsr.
.Kjp-, iION NATIONAL BANK
Philadelphia, P-. Dec. 11. 1918.
Tbs annual rnectinK of I he stockholders of
thU Bank for the eleclloa of Directors will
be held at the batvkla bouaei oa Tuesday.
January 11. 1914. btwn tha hours or 12
in. and 1 p. m
JL0U18 NSPIS!tBBBJBK. Calir.
Tax Frta in Ptnntyluania
Penna. R. R. Gen. 44S
IJl-K JL'Mi I, 1663 '
Particulars on application.
A. B, LEACH & CO.
115 South Fourth Street
DIVIDENDS
LEIIIOIl VALLEY IIAILHOAIJ COMPANY
Philadelphia. Uevtmber IS. 1913
Ths Board ol Directors o the Lehlsrh
Valley Railroad Company have this day J."
clared a quarterly dividend of two and one.
hall per cent, (or J1.1J pr sliarei on Its
preferred stock to stockholders of record
December Si. 1913. and a quarterly dividend
o( two and one-half per cent, (or SI.23 uer
.h.Ml nn Its t,nmmnn .,nl .. -. ..l , .
ot record December St. 1913, both payable
January 8, 1018.
Checks '
will be milled.
c J KULP, Treasurer.
DIKKCTOKV OP ACCOUNTANTS
Ccrtlned Public Accountants
LAtEX,B E BltOWN & CO.
11 ItEAL E3TATS THUST EuiLblWQ
MUX 9 & SPEAKlaAM
-jm iiwyisav
Information
About Investments
which can be relied upon Is
even more necessary now than
during ordinary times. Our In
vestors' Service Department as
the result of many yearj of
study and gathering of dita is
prepared to provide Informa.
tlon regarding practically
every Investment security of
any prominence. This informa
tion will be given without
charge to those Interested. As
we are very desirous that In
vestors should know the valu
able service this department
of our organization renders,
we have prepared a booklet
which explains in detail the
character of this service and
we will ba glad to mail It
gratis to those who apply for
Uooklet No. 302.
William P. Bonbrigkl & Ce., Inc.
MORRIS WISTAR STROUD, Jr.
Manager
131 CHESTNUT BTItEET
PuUadelpbU . ,.
New JTork Boston 5U
Londoni William P. llonbrlrbt C
FarUi Uonbrlsbt Co-
RAPID TRANSIT SHARES GIVEN
CHRISTMAS WHIRL ON 'GHANgI
Brokers Celebrate With Real Yuletide Spirit for FiJIl
Timp in Sfiveral Years Frp.irrhf. Tio., 'jl
May Soon Be Relieved
Christmas festivities occupied the chief
place In the mind of tho trailers on tho
Philadelphia Slock Kxchanprc today, nnd
nfter the noon hour business on the floor
fell lo nominal proportions, vvhilo Yule
tide spirits uero permitted to flow unre
strainedly. The usual rules were suspend
ed and tho floor was given over to tho
flrst real Jollification tho brokers have
ehjojed In scvernl seasons.
During tho early hours tho locnl trac
tion stock1) were taken In hand nnd Riven
an upward whirl. Hapld Transit became
quite nctlvo on biijlnir by houses gener
ally credited with political affiliations.
On tho other hand, Buffalo and Susque
hnnna reacted n couple of points,
Philadelphia Electric was In moderate
demand. Cnmbrln. Steel fluctuated with
in relatively narrow limits, hut tho tone
wns firm. Tho withdrawal of nmnghnm
K. Morris from tho board occasioned no
suf prise, ns he hnd been accredited with
belnsr the Pennsylvania Itnllroad's repre
sentative, nnd with tho sale of that com
pany'o majority stock It was all nlong
taken for granted that the new owners
would bo given n place on tho directorate.
It wns snld In financial circles that E. V.
Babcoclt, of Pittsburgh, wni likely to
bo the Koploglc-Drexcl representative to
be elected.
Some hopo for clearing up the freight
congestion Into Enstern ports, particularly
tWnS.-WK.!i'?. . Pen J
tho embargoes may b0 moE M
tho Christmas ru.h 1,.. ...J".0?1? ft--
One of tho causes o the export rwl
congestion Is the labor sltu.ift"rt' '
though this feature h J befn si?1 .'
or less in tno background. Two ,. S s
ago the strlko of longshorm.'nU', I
stevedores at New Yort broulhTl S' f
blockade much earlier !,! S..,1.0 ttl ?
wise have been likely, and .in?.".
considerable dissatisfaction Tm 2? I
Untied, oven nfter the men return J"?' t
work. One result of the Steel "Xg ' I
of late has been the ahan ,.ir,,Si
tlon In production of export .Lft 3
tho corresponding Increase In l?J3 f
tlon for tho domestic mn-i,.. W I
mills hnd been way Uhlnd on tomtit. &
to home consumers, the addltlZW.f
nage now avallablo Is being glnaiv t.v M
t 1- .iA.,u....i .!.....? B'BIIniBii
" " uuuunui wneincr zo ner r.n .
tho finished steel being now mt U,f.
for export, which IllustPales the A?
iuuu ui liio iinmpniin nrnK4 - r.
Both tho nnthraclte and' bltnmi. 1
coal trades are nlso feeling Ve ",(
the dlfllculty Is to get It to Its deX'lW '
and there has been restriction .
mines by reason of tho scarcity of-.- '
Nevertheless, tho best opinion Is ihif?,
tho weather remains favorable il1
stantlnl relief Is due In a few ' '
A
PHILADELPHIA MARKETS
GRAIN AND FLOUR
WHEAT Hecelpts 10O,R?2 bunhels, The
market ruled firm with Rood nujlnit by ex
porters yuotatlons far lots. In export ep
J'i.'i'T'0 -' red, spot nnJ December, M 25
l,2i. No 2 ftouthcrn red fl.Zlfll.'JI, steamer
N'o 2 red. 1 2-V,n,2l, ,Vo, 1 rod, 1.2J1.24:
rejected A. t lUViUI.Ulii, relected U, tl 18B
roit.v-lteeelpts, l.-.-it bushels Trade was
nulet. but oflcrfnas were light and prices were
lc higher. Quotations car lota Tor local
trade, as to locat.on old VVestern No, 2 jel
low, Sl'42M,c. do. steamer vellow. OHf(
sliie,. do . No. rf lellow, TUV4H8014C! new cob,
per to lbs., wic.
OATS.-ltecelots, IS.fiS" bushels. Offerings
were light and prices were He. higher. Quo
tations: No. 2 white, 4fl40Hc : standard
white. KVW-t'Sc.: No. .1 white, 4ma47c.. No.
4 white. 4lHai4-iUc.j snmple onts, 42V4lll4c
puritleil oats, graded. 47K,4SVjC.
I'LOLMl. Hecelpts 1148 bble, nnd J.4S3.R74
lbs In sacks. There was little trading, hut
mill limits were steadily held. Quotations pr
Hit! lbs In wonii; winter clear l.i.lafrn 4iij
do otrnlglit. $.1 r.ojl.l.'ft. do., patent, I" surf
11 10, Kansas, clear Julo tarks, Sn.llKC.r.O;
do slrnlr jute sneks 1,cnf(A.7ft. do,
tintpnt. .1 snrltR. S.t.7..f7lt. Rnrlni nm
clear (.VfiOflR 7,", do. straight. sn.iAfin i.
dn , patent Jilfiiian. do. favorite brands,
siinotiohii, cits mills, choice and fancy
mem, SH fiOnn So. city mills regular grades
VVInter. ilenr. ., IS n 40, do., straight, 5.GO
i." ', iln. patent. J5 Siifill 10
IIVK Kl.Oflt Was In Hmall supply ntil
llrnily held but nulet We auote nt IS.JSffS SO
per bbl . as to qualtt.
PROVISIONS
, The market ruled steady with a fair
Jobbing demand Quotations City beef, In sets,
smokcil nnd iilr-drleil, 2M2',c : Western beef.
In seta smokptl 2H(21c , cltv beer, knuckles
nnd tenders smoked nnd alr-drled, 2i1227c. ,
Western beef, knuckles and tender, amoked.
-'i it , beef hamn 2ifl 10. pork, family,
S22.50W2.1: hams. H p. cureil loose liaiSf,"..
do . skinned, loose, UVitri2Kc : do , do,,
smoked 1 l',f 1 !",, other Inms smoked, city
cured, as to brand and average. Iii".1ll7c,,
hums, smoked Western cured lll-tZ17c: do,
boiled boneless J2c, picnic shoulders, ri. 1.
cured, looe. 12c do. smoked lie.,, bellies In
Elrklc, nc onllnx to nvernge, loosn, lKflli c .
rcakfnst bacon, ns to brand Bnd a crag c. city
tut .1 17i Iv lircikusi li ilo :. Wfstctu
cured. 17JIISI... lnrd. VVejtem. r-.fir.ed. In
tierces. 10, c . do. dn In tubs. 10',c. Isrd
pure cltv. kettle rendercil. In tierces lin.c.,
Iird, puic cltv kettla rendered. In tubs, lO.c.
REFINED SUGARS
There was Uttlo trading nnd the ninrket una
unchanged. Itellners list prices. Kxim line
granulated, rli"ic, stnndartl KronuMtcU, tk1 .
pandered, n.0',c. confectioners A. CSV.: soft
grades, S.lui5 ,3c.
DAIRY PRODUCTS
Tll'TTHR. Demand was sufficient to absorb
tho limited receipts of faiKV tint It vulues of
whlih wero stendlli h!d Quotations Wistern,
olld-iarkcd crc.inur, fun specials, fie ,
ixtra 17c extra firsts. "11i 15c . nrsts ."lofl 12c.
pwiHidH 2dfa'.."ic , nenrbv print- fHncv, 10c .
do, uvcrago extras, l7ffTic , do. flrstr, low
E'c, do. rccotids. 2Uu-ic. Jobbing s.tles of
fancy prints I tfl Ilk
i:tOS I'lne new-laid rggs Hero scarco
anil firm under it pnn, dcmatul VV c ouoto
nt follows Tree llto, ncnrli, extru. 10.
per dnz , !lrsts, XU.10 per standard case,
nearby current receipts. $ln..U) 1 cr cusp, Vert
rn extra (lists Jll.lil per enso firsts. SKI .Ml
per cafo. rwlrigenitor iggs tano. 7.il per
case do . tlrsts, $-1 .Ml per c.ire. do , seconds,
fHKftdi.0 per taro. ilo Inrcrlor lots, loner,
fancy rclcucd cnndlc.l eggs vitro Jobbing at
l.'44c
L'IIUi:Si: Trade was fair nnd tho market
ruled 11 rm under light niferlnxs Quut.ttlons
follow Jsew Vork. full-irintu, f incy. held. 17s
TlKc. . "aneclals" higher, do., fair to good,
held, lbVs917c: do, part skims, tmltc
POULTRY
LIVE The mnrkct for choice stock ruled
firm with ilemnnil equal tn tho moderate
rrrrlngs Quotations I'owls, im to
size and qunllt) 1 Ifi 1.1c roosters ltfll'.'c;
spring chickens, according to qualltv, lljllc;
lurkevs JOWtrJc . .lucks, an to size and 'luntltv,
H'uliic, . geeae, llblOc. guineas, jouiu. weigh.
Ing 2 lbs. anil over aplcLe. per pair. 1tl;
weighing in lbs apiece Her p-ilr. mVUMic.:
welxhlng 1 lb. iipjece. per pair. no, guineas,
old, per pair ,'Oc, pigeons old. p r Pair, 22M
2e . do. voung. Per ialr. ISliiOc
UnUSSUI). Itetelpts were I gilt and tho
market ruled firm with a good outlet
for all desirable stock Quotations Fresh-klllcd
poultry, dry-packed turkeys Delaware, Mary
land, fancy 2sfi loc . Virginia, 21II1J1C, : do.,
do good to choice, 2ISiJ',c: do.. Western,
fancy. 2c., do. do, good to choice. 2:ifr2lc.;
do. fair. 20i?22c.. do old toius. 21c: do.
culls and No. 2. irt.rJOc. fowls, 12 to box,
dry-pl. !:!, rancy selciled ISc. , do., welch
ing 4l;fi.1 lbs. apiece, 17t-,c: do. weigh
ing 4 lbs apiece, lUVic. . do. weighing .1V4 lbs
apiece, lltl,VV-c. do., weighing ,1 lbs. and
under apiece. 1 IB14e Fowls. In bbl dr.
I'lCKeii 1 uucy, -1'yiff.i ins. siiiece. lie: cnnice,
4 lbs. ulilere. 1U- . smaller sizes, 1211014c,
Old roosters dry-picked, lie. Chickens Jer
sey fancy broilers. 2HI2dc.: other nearby fancy
broilers. 22ft2lc. Western broilers, weighing
l'Hi- lbs apiece. 2n2.'c . northern Illinois
chickens, fancy yellow, weighing I lbs. and
over, In boxes. 1SI 10c. . northern Illinois,
fancy neighing SVili IW lbs.. In boxes. HH
17c, northern Illinois fancy neighing SUil
ni lbs.. In bblf.. ISfilllc. other Western,
neighing 4 lbs. and over. In boxes. l"ilv. :
other Western, neighing 2Hfc IV4 lbs . In boxes,
niilil . other Western, weighing 2t,B H'i
lbs., In bbls., HQlAc: Inferior, lie. bpring
ducks, nearby. ISfj'.'Uc.: do.. Western, fancy,
nftl'tc, : do. do, fair to good, 12'itV. (leese.
nea'by. lUOllc. do.. Weitirn, 14li. Snuahs.
pr dozen VV hlte. nelshlng 11 to 12 lbs. per
dozen. XI rail J 4D. wnite. weighing. 0 to 10
lbs per dizen lI..VO; nhlte, weighing 8 lbs.
per dozen st.S'Vn.l.SO. do, do, 7 lbs per
dozen, $fi0fi.l; do da fjUV4 lbs. per dozen,
-ii-'.il; dark, tl 73fi'.'.'.': small and to. 2.
FRESH FRUITS
Choice ntock sold fairly and vslusi e.
Into-iK. JjA.I TO.' Wlnerar.. ?7VI7 1 lyfuU
Wr.Oflt.2-V: Hiack Twig. vrni -'. 's' ta,.
Oolden. JiroflJ. Oreenhig liaoan? 'tSD'?'' .
nerlal, $20 1; VwentylmmeeT lah-KniS'
nr im ll, . r.On lii 1 -.0 'i.' ,?B'".'.". .'a bull.8
SO 1(2
d'An
.. v.-..., ,,,u,.,, inngennes. riorlilt.
"trap. Kilt, grapefruit, Florida, Bermff
X2JU.1. lemons. Der box. ttei .SJS m
crato. I'orto rtfeo. $3fi.1.7.V VranberneTMS
iHr bbl.. in10: do., cfspe cSS.rcSu!
12.50a li do. Jersey, per crate. J2.2JSJTV
VEGETADLES
Demand was only moderate, but orltn ....
eraiiy were well m-ilntalned. (lueutkm-
VV hltn nntntnes. n,r hii.h hniA nsl ...'af, 4
do. fair to good. MfiWie do j.Vi.i Hl'.'SV
'v-. ....'" - '"": 'ucvii . '
i,v , 11,1, iu Ki'im. r,,ji,n- ,,o jemer n. h..
kft. .No lllos. Atrfi.-.V; Uo. Ji!t;ri
.itiiiic. uo no. No. igc
iv.ri, .ill i im
other nrletlcfl.
COPPER UP AGAIN
XHW YOHIv, Ucc 21,-Copper mude in- "
other shnip advance today, going- to Jif '
cents, with tno tendency decidedly up
wnrd. The market wns strong and dnl
ers arc severely tested In trvlng-tomett
the demands, not only of foreign bnyeri.
but domestic onci n well. One d'tler
snld thnt. while he did not forecast S-,i
cent copper oy .innunry 1. It would not
surprise him, considering the Drenrnt
situation in copper. If the metal woaM
reach 2j cents after the turn of the eir,'
Dewnltc the enormous output of the re-.!
lined mctnl In this countr, the doraeitlei
nnd foreign demnnd is such thit l4
market H practically denned up uni
thero nro no surplus stocks on hand! W
ltegnrdlng the advance In price oh
dealer said that It resolved Itself Into tht
fundamental question of supply and de
mand Thcic Is nn actual limit, he iild.
to pioductlon and. when this was reached
and tho demand could not be supplied.'
the highest bidders would get the.
ptoduct.
A Pocket Book Security
Record
We have prepared a form for
the tabulation and appraisal of
security investments of con
venient size to fit an ordinary
pocket book. Blank copies will
be sent on request, or on receipt
of lists of securities owned, we
will deliver the form properly
completed.
Edwa.ro & Smith 81 Co
BANKERS
ESTJBUSIIKO 1S02
llemVtl New York and Filladef.Jifci
Stock Exchange
DlCin iD CllESTMlT JT , PlIIUDs..
80 FISB tskt Nsw Vpss;
wmBsmrKm
Ready Dec. 30tK
for
Every Employer
And Employee
WHAT you DON'T
know about the new
'Workmen's Compensation
Laws would fill a book.
Here is the book that ex
plains every phase of the
new law as it will affect
YOU. It clearly shows
you how to avoid every
misunderstanding, whether
you are an employer or
employee.
DIGEST
of the
WORKMEN'S
COMPENSATION
LAWS vs
By
William A. SehniJer
of the
Philadelphia Bat
Single Copies 25 cents:
10 or More Copies 15
cents: 100 or More Copies
10 cents. Postage pre
paid direct from
bffices of the PutHe
Ledger.
HM BWfflBBj
ii W
Responsible Men Have
Brought the MORRIS Plan Loans and m-
vestments into Philadelphia. It is ideal for dividual
or small businws borrowinR. Our directorate " formea
from well;known Philadelphia Bankers and Business
men. Supervised by State Banking Department, ue
tails on request.
PENNSYLVANIA
LOAN COMPANV
1507 Arch bt,
ZOUIB J KOLB. Prtf
HOWARD U atSNKY. Yice-Pre:
B. ii'O UUNTt Ylce-Prc jiii rre?J.
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