15
EVENING LEPCrER-PHILADELPHlA', MONDAY, JANUARY 24, 1916.
FINANCIAL NEWS
RAILROAD SHARES UNDER PRESSURE
' BECAUSE OP PENDING LABOR TROUBLES
Heavy Selling of Big Issues for Both Long and Short
Account Securities Flowing in From England
& at Rate of $10,000,000 a Week
i
SEW YOIIK. .Inn. 24.
That Inbor trouble will develop before enrly sprltiK lmi low been npnkeri
of an ono of tho linndlcnpn which 1ms prevented InilllMi operations In rnllrond
Mocka at times when Industrial shores showed prnnuiinrcit stietiBth. Conflrma
tlon of these fears was found In the news In jesterday's nnd this morning's
papers of demands by railway labor unions for shorter hours and mote pay,
with Kcncrnl strikes apparently threatened.
This news was the chief factor in the enrly trading today. Krom the open
Inn; thero was heavy selling of stocks like New York Central. Heading, Cnlnn
Pacific nnd Krle, for both long nnd short net mint, nnd thoso Issues gentially
sustained material losses, with New York Central selling at 107 I -S, against
1094i at tho closo on Saturday.
There was a pronounced change In market sentiment In the afternoon when
the suspicion prevailed that stocks at low levels had gone Into strong handi
and thero wan bettor support. United States Steel dividend on tho common
stock, to be acted on tomorrow, continued the1 nhlef factor in determining the
market mood. Representatives of directors were quoted as Haying that tho
common stockholders will not be dissatisfied after tho meeting Is held, nnd late
In tho day thero was n confident belief that whatever policy the management
had In Its mind a week or so ago hail been modllled or radically changed, or
that a good distribution will be made out nr the Inst quarter's earnings. Some
positive statements camo from Important sources to this effect, nnd these
statements were accompanied by nn IncreHicd demand for the stock, which
quickly rallied to above 83 after selling lit S2 3-S.
It was current gossip that the New York and Cymric, which urrlved from
England slneo Saturday, had brought In $25,000,000 of securities', shipped In
connection with tho securities' mobilization plan of the Hrltlsh flovernment
Securities have been flowing Into this market from I'mtlnnd nt tho rale or
110,000,000 a week or moro since last autumn, but tho consignments In the Inst
few weeks huvo been In heavier volume.
It was assumed that It was this supply that caused this morning's reces
sions, but a thorough canvass of houses with International connections failed
to lndlcato that these scurltles are being forced on the market as they arrive.
In some banking circles It was Insisted that the securities are directly or Inill
itctly for J. P. Morgan It Co., and that the process of finding u market Is In the
hands of that firm.
New York Stock Sales
til St eloae.
130
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s
Preliminary Step Taken in Frisco Foreclosure
As a preliminary step In tho foreclosure proceedings of the St. Louis and
Ban Francisco Itallroad, hearing was begun In New York today before two
notaries public. Tho application for tho hearing wan made by the Guaranty
Trust Company, an trustee for the refunding 4 per cent, bonds It Is under the
mortgage securing this Issue that tho foreclosure procetillngs will be con
ducted. Tho hearing was largely on technical points, as to the amount of
bonds Issued, amount of bonds authorized and outstanding, etc. Among those
summoned for examination were Frederick Strauss, chairman of the llcfumllug
Bpndholders' Committee, and C. W. Milliard, vice president (,t tho company
and an agent In Now York for tho receivers. As soon as it can be arranged,
a similar hearing will be held with respect to the prior lien bonds.
Lehigh Valley Earnlnr-s About 13 Per Cent, on Common
At the closo of December tho T.chlgli Valley Itnllroad Company had a gain
of moro than $2. 00,000 In gross ami almost fl.000,000 In net to Its credit, as
compared with tho corresponding six months of the previous year. Last ear
the company earned 10.4T. per cent, on Its common stock, nnd thus far In tho
current fiscal period Its revenues have been nt the annual rate of about 1.1 per
cent, on tho Issue. If the same ratio of Increase Is maintained during tho re
mainder of the fiscal year. It Is apparent that tho earnings on thn slock for
12 months to tho end of Juno 30 next will exceed that of tho previous year by a
liberal margin.
Chesapeake and Ohio Certificates All Sold
Kuhn, I.oeb A Co and the National City Bank nnnounce that tho $3,1 (50,000
Chesapeake nnd Ohio Railroad Company Hi per cent, equipment certificates,
offered this morning, have all been sold.
EXPORT BUSINESS
SENT WHEAT UP
Foreign Sales Estimated
2,000,000 Bushels May
Reached New Top
at
CHICAGO. Jan 2t. Mny wheat held up
to a new high rerord for the srnson to
day, touching tl 333,, ngulnst tl.23",. the
previous top mark cstnbllphcd on Satur
day, and finished at thn best, and July
rose to within ,c. of the nenHon's high,
reaching (1 23, and clo.tlng at tho top
Tho strength followed a day of Irregu
larity, the market shotting weakness at
times. May falling to J1.31U, against
JLK"i at tho end Saturday, and July to
1.2l'i, compared with tl.S" at the close
Saturday
Hxport business was the factor, Halea
being estimated at 2,OiO,MO imshels. and
a decrcaiie In tho visible supply of &&,.
000 bushels for tho week In tho t'nltecl
States to 62.932.000 bii.ihi.lH also helped.
The general run of enrly news favored
the. boars. The cables were lower, re
flecting an Improvement In the vessel sit
uation abroad and prospective heavier
arrivals. There was a decline of S.
d. In the Argntlne freight rntes to
USn.
Buying on the decline was good, nnd
resulted hi a sharp upturn. Following
this rise prices eased under profit-taking,
prompted by heavy receipts at Interior
points, nearly double those of n year
ago and amounting to 2.301.000 bushels.
When tho size of tho export business
became known, however, prices Jumprd
forward All the larger cash and export
houses bought, and exporters nt Kansas
City raised their bids.
Further complaints wero received from
Liverpool about the difficulties that aro
belntr experienced with tho condition of
arrivals of American winter wheat A
leading house issued a statement, in which
It was pointed out that every possible
care in selecting wneat for milling It re
quired 230 pound! to make a barrel of
flour, or 20 pounds more than the average
amount.
Leading future ranted an follow a -
Whtat fWn. Iflrh fw fl.-M I.,UD
"" .-.....- ;;.-; r-r. , .?:-- -.-.-v
war .. l-Aiy, l..tl
July .. 1.25 ,.s.J
Corn (now delivery)
May ... , .. 7KTi TH
July 7HVi 7i4
L)atl
Wr 62 MVt
July !',, 4!V
uaru -
io so ios7 io as lono toi
lO.so 10.70 -10.77 tlO 77
New York Bond Sales
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2ioi Ainer Aitr dob As
Mino Amir Cot Oil r,
SH'lV'l AiikIo P 1. fix
IK! Amir Tel lt In
-"oici Amer Tel vt I4
noil Armour Co 4U.h
27iihi Atrhiflnn cmi in
Vio Atehiinii ad) in
SHai At, hlaini ,-t Ik I'lV,
I 12110 AH lilmri ,-t la IIMJi
KH) All Knnx fij i' Ik
boo Allan i Line It In
17lm Halt fit Ohli, .11 w
WDM Unit fit Ohio Is ;.
llmO ll.i It A Ohli. i v 1 '--
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1"( llnaiklyri I . t r.a iii.
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ii l 111 II f, Q Kin in Ji-.i;
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:ui nil Mil Ai Ki i' in :,a mw,
Mi rh mii ft Mi l it in lies
1" Phi Mil ft HI I' iv Sa Hl'i't
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Adstm Einrew
Alaska J (inld M
AlMk (fold Mines 21
Alll-t hilmen fg 27
AllH-t halm Mfg pf 7(
tn Ar ( hfmlral r.'Hj
Am t rhem pf (is
Am Ileet Suear r,o
n . . (vi
m c an pf
Am far A Konndry
Am (ml I'rodiicti
m Coil.I'tod pf ,
Am- ntton Oil
m Hide A I, pf
Am I.lnceil
m l.lnwHl pf
Am Loromollte
m U-onii)tlie pf
Am Mall
Am mlt A llrf
Am Smelt A Hef pf
Am SmMtrM pf A
m Still Kouiidrlrc
in Stigir lleiinlng
Am Sugn ltcf pf
Am Tel A lei
Am Tobacco
Am Toll pf new.
Am Wool tr r
Am Woolen pf ir r
Am Writing P pf . .
m 7. I, A Smell .
Anaconda Copper .
Awochted Oil
Awls ItciHtatlon
Aich TASK
Alch T A H !' nt .
Baldwin Iktj
lhldln loco pf
llalllmori' A Ohio
iHltlinore A Ohio pf.
Ilitiipllii Mlftlnc ..
Ilethleberil Slcej
flethlcfiem htoel pf . .
Ilrooklyn Hap Tr
Hrrntti shoe
llninsicf Term
Mums II rot
llutte a siih, rinr
( ll l'etrolelltll
tl I'etrnleuiD t'f . .
Canadian t'arlflc,
' ent Leather Co
( ln9ipe,ikP A Ohio...
Chile f upper . .
( Miio t'opiier . ,
( hlcaeo tit Western. .
( til (It Wejlern pf
( hi Mill A M Paul .
( M A ht I' pf
Chi It I I'ac
( llictt Met A Co
Cluetl Pit A Co pf .
i nioMdo I uol A Iron. Ill),
col A Ninth st pf . r,l
t'oinputlng 'lab Itee , ,vj
( onwilltlited Oas . 'ji,
t o i: i. a I- ti.il ii.V
Corn I'rodurU Iter .. 2.'l'f
Corn PriKl Hef pf . . oji,'
f'riirlliln MmI . dujj
filclWe Steel pf . ...lp)
Ciilnn-Am sin.ar . jy,
l)ii re A Co pf ... nr,
Id I lick A West .. 2'. '114
Dentir A l(io Or ... i:i
Dlttll St ( orpn .. .7'
Dome Mines . . 71 4-
Klee storacH IUI . li 1
:':"" . ;i!i5
hrle lt pf . ... ,vi
K'd Mm A sm pf fi.Vi
den Cliellllcal 2'K)
Oenenl i:iirtrlc . . ..7;)J
(ioodrirh II K Co ...71
('indrlch II F pf . . Ill
(Mtiby ( onsol h7'j
iireeiie-t jninea . is,
Ol Northern pf ... VJ'.i'(
fit Nor cfs for ore pr .7J
tilth
150
O'f
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2(1' i
78
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MH
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ris us
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Mil
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11.14 nt in lit
117'. 11s 11s us
I27, 127'J I27U I27'
2IHU 2(1) 2f) 2(1 1
OUTSIDE MARKET
SHOWED WEAKNESS
Offerings Liberal Midvnle
Steel Supplied on Liberal
Scale Motors Irregular
Sales in Philadelphia
Tei. Cloe I llnh tw. Ooe.
W7H 107' 107'
Wi lit Wl
U7!i P7U (("'i
KI 1.1 I.I
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NllW VOItK, .Inn 21 -Sympathelle
weakness ttns shown In the maikct for
outside securities today ttllh tboe of
the stock market, although In the cnrlv
dealing prices ruled steady, with only
small fractional changes. Around mid
dn, however, offerings were more lib
eml, especially In the higher priced Issues
Alldvale Steel ttns supplied on rather
n liberal scale and declined 1. Hubini
rlne Honl fell 1 on small offerings, t'nlt
ed Profit .Sharing was heavily offered nnd
eased off i Willys Overland pteferred
ttns strong at nn Improvement of l'
points
Motor stocks were Irrcgulnr and mod
etntcl aetlvc ("handler, after showing
llrmness, rnn off more tbnn 1 point Cliev
rnlet moved nt a range of l'.
Oil stocks were easier In sjmpnthy with
the remainder of tbnJIst. Cosdcn wns
down , while Anglo-American Improved
a sinnll frnctlon.
'I be mining stocks vtcro genernll lower,
Kcntierott inclining more than 1 point
nnd Plrnt Vntlr.nnl rnnAn ..n. !. t.
' ttmirla ,, nfi ,t,lll nntl n -Iia.I. Mnsla
-... ..... .tun ..in, ,v riiuu etinici
Iiiformntloti lins been received by the
New Vork Curb Market Association that
til" 10 per ci nl paid stock certificates of
the Atnerlcnii International Corporation
nre rendy for dellvcrj at the ofllce of
the trnnifer ngent, the Natlonnl City
Bank
The Mntlng Committee of the .N'etv York
Curb Market Association 1ms ruled that
January 27 will be the date of delivery In
settlement of till outstanding when, as
nnd If Issued contracts In the common
nnd plefcrrcd shares of the .lewd Tea
tonip.ui. Inc In accordant e with thn
ruling Issued November 20 lust, all de
liveries will lie Mat Thn Columbia Trust
Company Is Ihe transfer agent and the
I.awjers' Title nnd Insurance Company
the icglstinr.
The Listing Committee of the Now Vork
Curb Market Association has ruled that,
beginning tomorrow, definitive bonds of
the Oerro de f'nsco Copper Corporation
only will lie a good delivery.
INDCSTIlfAf.H.
loo American Mill
1 .m rtnllnny . 2s'4 20
2 Am ltw pf nit M
110 iiiirr a t t 10 :i.
" Prill I (1 im au
.Viw ram .stM ..71 74
Ho Porn Proilnrtu . 21
200 Pon Trae N J. . 71 71
110 Klec Storage ... 014 in',
I"0 lie .Tin i
M Omi Afplinlt pf, 7iti 70
SO llRtrlrnn flriys pr ?.,
IV) Ins Co N A. ... s,-,t, "-.ij
.1 .1. Lake nop Porp. nn Ion
11 l.ehU1i Kav . . 7SU 71!4
IIKI lhlnh Vnl .... 7!i'i 74
.' I.eh Vnl Tr pM. aJ Sll
1M! North Pent .... Ho VI
!",0 IVnna Hit ,S'4 f.sij
11 Pit Hnlt Alfg . Im'i lis)
T. l'hlla Co m pf IP; 11
M Phlla Klee .. . 2S 2i(
iH) V tl T tr rtf. tsi isij
10 I'hlln Trae . .. 7n 7fi
Itifl Itriilln . . . slii .o
loo Tonopnli helm . t'4 it
7.1 Tonopah Mln. . r, l.l.li) 7
0.. Pnlon Traction. -I1 tl
2IJO t'lah Popper .. .. 7l
r,(rl Pnlted fl I . . ho to-',
20 Vn Cos N J. . moij 227'li
4140 I; 8 Ktcrl ... si m
12, U'arnlck I A Ht .. Kli 10
1' W .Icr & Heash. t,H MH
Kx illt Mend.
T",
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in
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71'J
21
71
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70
2Vi 2Vi
n't n 11-10
;s' 7sn
RISE IN LAKE SUPERIOR SHARES,
SPECULATING ON STEEL DIVIDEND
W. H. Donner Made President of Two Lake Stoamshirf
"wiUIIU'ctlllt'O JUXlllVilo jvv,iivh.uu i uobJV-llllimiTJ Qt
Anthracite Conference
TS'i
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VI
Sit,
loo
II
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711
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M'i TA",
Upblddlng of Lake Superior shares was
the chief frnttire of nn otherwise quiet
local market today. The quotation rose
from S'l to 10 nnd the Street was full of
rumors of n further advance based upon
Increased businc due to war orders nl
rendy recelted nnd pending The torn
pany recently completed n bnlf-mllllon-dollar
plant nnd earning' nre reported to
be rapidly expanding. The Income fis.
oddtv enough, fell off muie tlinu a point
morning but Inter rallied, whereas tho
stock lost a pail of Its gnln In the nflei
nuon. Cambria Steel on Hie other hand was
Inclined to snc. It ttns nniiounced this
morning that William II. Uonncr had been
elected president of the I'ronllcr Steam
ship nr.d the Niagara Transit Companies,
whldi recently were taken over b the M.
A. llnmia Interests of Cleveland for more
tlnn K,o"0,ooo The two lines will (arry
ore to the New Vork Stntc Steel Coin
I,rtr. Closr
IC'it !i2
n.' ti,
nn
Hi
an
27' j 27"
0.1',
Tl'i
55'
52!i
1100
171!
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Sni IMa Smir corn r, 7IS.
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vt lm I'ont I'ovtiler ma. IIKI
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.10.70
May
July .
Jtlba
January
i'ork
January ,,,.20.l
Uy .. .. SUM
Hid. tAiked.
. . 10.71;
1100 11.10 H'JO '11.10
10. 7S
11.10
20 no
.. 20.13 20.'.
so nr. 20. ss tSi s.i
NEW YORK COFFEE MAKKET
NEW YOrtK. Jan. Zt -The coffee market
opened steadier this morning and first
prices were unchanged to an advance of
7 points. The sales on the call werq 3000
bass.
During the first part of the day the mar
ket continued to show a steady undertone
with moderate buying for outilde account
and on rumors of some Interruption to
shipments of coffee from ilrazlt to the
Vntted States. On Ihe whole, demand
was not aggressive and the market was
a narrow one, but the undertone held
ceady and there seemed to be a little
ruore fontldeuce In the stability of values'.
Today YeUrJay'
January
Pcticuuy
Marco
April
May
Jun
July
AU2Uat
Sarjteaiber
October
dpwilnf,
Xuveoibar
"December
Offered.
1 KM.
li w Itm
.. .!. .t)7
7dl 7.j2i 1M
. .. . T.ft 7.07
. 7.IW7.12 row 7.10
, .. T.a 7 1-
. 7 23 7.lfl 7.21)
; Yx ?. 7J8
7.31 -7.35
7 3U III
Mift7.t-3
llmo i:rli cen la
ran-i KrlB xiiit la i-Vr II
21'iD Krie i.rl'ir Ah
Mfio ilrnnliv Pons On
7-iO Hint Ac Mjii In Tm .
IKiO llii'l fie VI1111 M .',.
MM0 linllmiH Hlrrl r,a
lorn Inwu Central ref li
luiil lull rh Hit IUh . .
1iO Inter!, It T ref Sh ..
I'llnoii Inter .Mir Mar el U8.
fJi Intern) IMr nt ."i.
loon k t: H H A M ta
imm Kim Plly Ho 1st .la
1200H K'an liv Wo ., . .
UK i l.irhn hlerl na lnj;i
.'.Kill lii lm Med ,ui P1.V1 .
l(io 1.1k Xr M T l .
1 1100 do reif .. . .
K') Isini; l.laii'l t'n Ih .
2m Iyjiit lilainl rtil Id ..
Iliou lrlll.ir.l 7s . .
UH, Mix I'd Co .Sir A
Hm Mti Pet P M r P
nili 111, h eml l la
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2.12'ilal S V Ol
loui ,v Y Pity An 1H.17 . . .
Ji) 1I0 ta II1.M1
20KI do I Via Nov 1M7
Hl N V lty ailj 'm
UAH N V Tel Ken Ilia
HlKI N V II' (' t II ll
M4tt Norf Ai Wet Po.Ti la wi
Mi .-ori & west ctt 4ia
17f ilo 4a
IWi do iv 4V4a
7ijiiO Nor I'm prior 'a .
3U(J Nor l'a( Ken .'la ..
1UKI Ore Jiliort I. ref l
iii I'aclHc Tel .',
7o(l 1'eiira grri it IVia .
K'd i-ukllc Keri N J .'m
7MJI Iteaillnx Kn 4a
'Jki Hepuli puIm as lll
7Wl IU ir & H Ss..
IK! llock Ulsll'l la
2Umo Hoik I.lan.l rfl u
Iftoo itotk UUnl rta
ll Ht I. I M (t M U
pmoii Kt 1iula Hwn lat ta
M do .Is
lm, 0....... ,...
.-- .,14, ,. i.vti em ., IIIH,
Ti Soutti l'-c 1 v 4 M,Z
.'lt4ii ilu it ru I p Si .VmM
7IIV.
. --.s.
107.
. :!(i4
71
1111-4
. Klli
. 7.VJ
tltj
Ho',
PC
7l,l'.
7IIV
lil'i
!lSt4
. tiV4
lirj
102
. V
llii
110
11 i-J
ThV,
.VllJ
I2li
141
41
107
774
W
on,
us!
us 1,
iih;
:si.
r.s
71m
71
lirj,
7l,
Aov,
s-.v,
1117'
.".O",
71
llll
wit:
lie
7l.l.
"Il'-i
.
tlHI,
7S'.
-.s
77
71
ltd
7i.,
Ml',
K.V,.
n7,
.11-,
ll'il'i
in-;
nm
l
71.1,
"nVj
in',
list;
nv4
Uti
Inj
ss
S7",
fillCL'ellhellll KlpltlMtl. 22l
Home-take Ml nine 12!)
Illinois ( i-tit . . . 11)7
Hit .Mirli'tillUMl. .. . 2.1
Int AL'rirultiiral pf . . . i;i
Hit llarv .N J in 1104 Mil',
Int-Met pf .. vj w)'( MI'f
Int ( on ( or v t r sh !)!,' tij" t,
Int ( onyil Corp pf... l 3 7.-, 7)1$
Int Paper Co .... n ()i 10'i
Int Paper Co pf .ir 17 4i,j;
Insp Con Cop ... ,51 j r, 41;
Int Nlrkel v t cfs . 2I5JJ 218 211
Int M M rfs of dp . 21 21JJ 201
Int M M pf i- of dp., hi ril1' 7!i
Kan ( Itj Niuthern 29) j 2Wt 27'j
Kan ( Itj Southern pf. 02 02 02
l.li-k Steel f o 711 S "h'i
I.irledii f,as ( 0 . .l()5'i l()i 10.
Like Krie West .. :i)' 1:15, :ij
Uhlfh Vallej 7h!i 7S. 77)f
LlBSelt A. Mjeri pf ..HU'j 120 120
I111S Islind . . . 22 21 21
Iirlll.rd P Co ... 17!)),' IVI 17!'
iiuis &. .vali . 2(i'5
.Minn Ulan snirt pf ..IIKI
laii"
IWili
Maxuell Motor
Max Motors 1st pf .
M n Motor 2d pf . . .
Minn A. ,st Umls
Minn A. St Imls pf
Minn .st I' .". s S M.
M St PASS M pf
00' i
SS','
XV,
S'i
20'j
12t
1.17
Mexican I'elroleiirn . .10' 110''
list;
Oil
un.
lis
an.
101,
lal
OlIV,
07S
. h'U
oiV,
41
2!"i
(17
inn,
IH2
lirj
KS
S74
12.
llll
llll
KSU.
aiS
7S,
rvi
-
ui
4..
107
77J
IH
li
1ISV4
nsv;
IIS'-J list,
ss ssl
110
1111
KS',
iei,
7M
.VI
121,
III
41
o7
IJh,
III
Ill's,
U'-S
lf?ft
MV4
lm
lis
tii
i'.
nr.'
liOt,
'4
ni'i
It
711 1,
711
17
lorn.
Ml
IKI
hIV!
llll
I'll
U)i.
Us
or,!
KiV4
102
Imi,
l,
,
07 S
M'i
.
!!.'
1.7
100'i
Ml
."iV
Met Petroleum pf
Mo Kan A 'I was ..
Mo Kan A 'lens pf.
Miami ( upper
Mltvjiirl Pn-lfle . ...
Mo Pacific r rfj
Montani I'owrr
Nat t Imk A Suit . .
Nat i.'nun A S Co ..
Nat U-ad Co
Nat Hjj Mcx 2d pf.
Nash C A SI I,
Nev Con Copper ... .
Ne York Air llrilii
N Y N II A II
N Y C A II II .
N Y Chi A St I,
Norfolk A Western
Norfolk Southern .
North American
Northern Pacific
Out Silver Mln
Penn lt.illro.id
People Gas Chi. .
Philadelphia Co
Pllt Cu.il Co N J
Pill ( (Ml N J pf .
Pitt V. V A St I,
I'reued S Car ( o
Pullman ("0
(Julcksllu-r. . . .
dulcksllti-r pf
IO steel Sp Co ....
Ity Steel Sp Co pf
Hy Con Coptier .
ilKlUllIf . ...
Heading I'd pf
Itepuhllc Iron & H
!))
0','
15
:isjs
5')'i
llfj',
Wj','
75
lOJi
-10! J
15
211
20j
N)
2S
02
7!)
105
l.-l),'
7S
120
21
ISO
12(1' 120' i VMM
100 im lot)
tun
S7
WUt
K
PI
122
1:13
llllli
M
0
15
:i7'i
!i'
no
. VI
; !.-
.inn
,,i
i!1'
nst,
1:2
2S!i
ris
in
in
ns
o-;
r
4.V1
ma
ss
ran
H'i
10
122
1:101.
5,
. 70
. 7!Jf
. 271j
7I.
7)4
l.-ll
- 15','
151
7:i'j
wm KH)
1 11,' l.'l
m
O'l
15
:w;
5'i
5
70
7!)'f
05!f
H7'-j
52!i
Mi
III
122
i:i5',-
100'f
IK)
0
15
37Ji
Amerlian-tirlllsh
Tini-rlmn Mnrconl
Atlttitle diilf pref
AJnx Itiililur Inc k I
Atl.mtli flulf fit. W I 8 M . ...
("iini'llnii Pur A. rotinJry
On piif
('Iietiolit Mnlor Par
Pluni'liir Motnra
Piiliiili Pane Suaar
Piirttps Aeroj.lnno
nriKK-.wniturt
Ilui-Kell A liirkrr Cnr
lirntifp MnniirartlirltlK
Int" rn itlnmil Merchant .Mnrlne.
(Pi pri f
tlltern.itlnlMl Nlchel now
Krlly-KiirlniifliPI
Katliii'llnli llrnnze pref
I J It Tire
Mutihiittun Transit
Mnxlni MiiiiltPmn
Mliltlile Hierl
I1U llletiitor
Purlepa Motori
I'oole KiiKlne nrifl Mnchlnery ..
Kt .loeirh l.eml
S H Krc-an I
Htanilnnl Motors
lltltllallle Mont v t c ctfn ......
Trlnncle I'IDii v t rtfs
Pnl 11 I'riilU HM.irliiK
P K 1,1 Kl't nri'l Item
P K I.lnht unit llcut pref
White Minora tt I
worm rum -
KTANffAltr) Oil. aUHHIDIARIKS.
Interimtlnniil Petioleunl n
rnlrln IM110 Line 221
Ohio oil inn
Htnri'lanl llll or Pallrnrlila .170
Mtnndinl Oil of New Jersey no.1
t-tninliril oil of New York 2H!
oriinii oir, stockh
Poflin "II
Phalmcra oil
Iloiiaton t)i
Mlilnint HeDliInK
ft.ipulp.1
MINING STOCKS.
Atlanta
t'erro ilu Pneto
finite a fit . v t ctfa
Hullo K S V
I'lrst NatlnllHl Popper ...
CoPlllePI Meraer U.....
Ilowo Hounil
Ileil.i MIiiIiik
.Ilm lliitler
.Illlnlio Itxlennlon
Kennccott Popper
M, Klnlev-Diirriuli
Mlnen of Amertia ,
Nlpl-mlni; Mines Co ,
H11 11 Toy .... t
WifHt l'nl Pod ,
Wt Knil Hitenalon ,
MiiKinn Popper
IIONDS.
Hilt A Ohio ,1s
I'rlo In .,
Ilrlo rits ,
hi Taul 4
Perro da I'aaco lis . . . . .
Asked.
40
P.
tn
71 'A
17'.
.1
2014
VI
(),
21
III
itj
Mil.
11
.17
I.T,
10
.'III
201 J
S2
r.t4
7.1
21
at
I.S
ml
211
111
ir,'i
'i,
A
2'i
ir.'4
210
w
172
MO
2IU
17,
7
2H4
M
fi'4
Total nle., 10,209 lmrcs, (oinpnrrd with
M,i 1 1 Moire lost Mnnilny.
nONI).1.
fjisl prevloua
H.ile.
Itxm Am fin A P.I f,s 02
VlOO City ,114a lffll rK . .
I') Cltv 4s 1017 rcK .
IIKKI 1:1 -, Pen Tr 4a Rlti
loco l.-ipilt III Has .-.a.tirl
inoo Key Tel Int .,s. . nsu,
7.V) I. Hun In ,1a -,i,
I IO0O l.eh Vnl Ben ta 1121,
2( Pin Pnas t , j. HI
10m I'a A Md Htl Us. llll
UKO Phlla Co cna ,.s. li'J),
KitO ilo lat , lots
ai do mrln 11-10 .U
.I, do I IHH
HOW Phlla. Clee
VW do Si
I'rf'iO Head Kin
MM L'n llts I 1
Is
Is...
I-
. OS
HPi
I'll',
. ().,.
lllcli
Iil'i,
tlV.
ID2S
M
lini'k
lis),'
2' I
P2li
Ml,
101
li.'Va
IOP,
100
IIS',
IS
HJI'I,
III)' k
:n
.
Ss
I'm
II
2
H't
711
TMJ
'4
r,t d 1 . in
41 II
?l) 71)
M, HOS
12? "1?
1 -...--. ... ...
M"4 MS I pnny plant nl llurrniii, ttlileii tvns inteiy
1 In', 10', ' purrhnied by Mr Donner nnd Incorpor-
nted Into tho Donner Steel Cotnp.int
t'nlted Stlites Steel rdintcs vtcre rnm
pnrntlvely quiet on the Phllndclfilila Ilx
chntiRe. Interest rcRnrdln; the dlleelorB
nuelliiK ton)onott Is divided hetttect'
tvhnt ttlll he done nbotit tho dividend nnd
thnt Hie cnrnltiR for tile Inst (iii.irter
will shott. The ttelr-lit of r-enernl opinion
neem to bo thnt n dividend will he de
clnrod. hut n. itood niiiiiv neonlc have heen
ItrJiv; I02S 1 cllln tho Rtoeh, on the throry thnt vtlmt-
SPi "-I 1
ever nctlon Is taken the pHe, h fri
enounli. A connldernhle ahnMT..?,W
reported In Hie ahnres '""tK''
In the ariernoon the tvenkne.i -l-ff
New York lint made il.elf feu h
prices sriRRed all nround i:ectM bW
nr;e Hattery lost morn than n nW-'
Lchish Valley and Itcn,iinB I2SEl
mtteli
ex
"""e riMH
cli The lntt,er. Iiotteter. JlTZBW
ex nivioeno 1110 locn tinetlona .: TS
fair demand nnd ruled n,.ii ? K.
... .-.. ----- -,...,; ,,rfTl ,' '
)i wax nnnounceil todnj. that S n w -j
liner, president of tho iki, ",mf
Nnvlcntlon Comnnnt
ter riom presid
Mine Worker.,
eI n4
mpanj. lins rceelteH L 1 -'
dent While. oTlhu (?
1. asklnB Postp0nf:mlU! w
the conference heltveen tl,c' nnthVTeo i 1
'"" """ nniicrs "ciieduipj fne vr'.
llrlU
SiSl,
21
t'2Vi
Vt'i
101
P.!' 1
10IS
H'O
US'',
2',
lots
1"'.
2n
P2I
Ml,
101
11214
101 14
I Ml
tiu;
M",
I'd',
tm'k
PHILADELPHIA
MARKETS
(SUAIiV AND FLOim
lolnl Milea. S17D.070,
IRI.IOII last M0111I11).
rniiipnreil ttllh
Local Bid and Asked
,. .W4 ,-.7
, . M RI4
.. 2K 2V
:: 71 j 75
,. i')J ii
,. li'J HI
. l'n IS
. .VP, Ml,
. II 41
'? '4
. 21 V4 2-1
. 77 4 Ml
. 2 .1
. J.i lr.'i
.1021! 102
: " "
. lvl tl
.110 120
Ourr ft sus 1 e
ilo pfd
1 tl t trill
Illll'lttlll
ll'l pfll
Camlirla fliel
Klectrlc Murage
tiinenil Aafhalt .. .
ilo nrd
Keyatono Teh phone
ilo 1 c
ilo preferce,!
Ilko Mllliertrtr (Sir,,. .
!.chlKli NiitlKatlon..
I-hlKli Valley
IlllUl) Valley Tr .
Io prefirreil . . .
I'enna
I'hlln i:iti
I'hlln Po ....
do r, per 1 ent pref
do fl per cent pref
l'hlla It T .. I ..
ilo tr itfs
Heading ., .
Tonopah Ilelmont . '
Ton Mln ..
Pn Trae
P I
IJ H Hleel
Vork Ittty
ilo tref
Wm Prainp t e . ...
Kx flltl'lenil.
Tod t
llpl Aeked
:is
. .is
.1H7S
Ins
. 71
. CI
. ."I
. 71)
..ll'i
II'.
I.S
I'l
III,
1MI
1st
?.'
.'I'l
Ids',
insij
1:1
.11
i
7.r
7Sli
IliiJ
.':)
2S(,
fl'j
i"t, 1st,
IS 4t
,1 I -. I C T
IP
III)
VI,,
.-.V
II
Saturday
Itld Aaked
;l7ii :ihi,
I111 'in
ImU liret,
los iosi'
71 7i,
1,1 ills,
:u :u
70 70.
!', 11V.
Il'i 111,
i,s 70
in, ID,
7s 7:i
7SI(, 711
I'l III' j
.'isu, :;i,
-,s r.m,
2S 2S;
It II
:i7 .",'1
II', II
1SS iss
iss isi,
NIS, 11S
ft i'i
1,,
4l'.j II
llll till.
Kit, SI
.,".''' !!''
.t .,
7S SJ
WIIP.AT. Itceliitn IS7III Im-li The innr
Icet rurther inltan cl P ini'lcr xlronaer 0111
.c Biltlcrs ntiil a f-llrh 11. lite ilemand. (Juo
lallona Pur lot" In s,ort iletal'ir No 2
red. o! and Ihiiii.hv. 'I '...ftl .! No
Houlli-rn red, tl t-l'il -', Bteiumr No 2 1
II 12i:il, .No .1 rid, ft Tiff I II, rejeited
l'."ii4ll IIS. reje, ic II. tl 2Sfil 'to.
POIt.V lleceints. 2i"i'i lniali The market
21 The lenaon cltei. for ," :."tiKl
nient requested Is nosslliio delai rt 5
In-f neKotlntloiis of the hilurn nout l"P
scale at Mobile, Aln tthlcj, tt"re HA.!Hf i
to hecln rehiunrv 1 n 8,THMfS
In Hie bond dcpartmenl today n ?
Kenrtnl In tteie In R..od demlmi T 1
liw M Philadelphia l:iert VtTSl, 7V"
well taken, uhilc i,r, ,.. M!",e N
like Superior Incomes not oilv ..-'V
eieu nil of their enrlv loss, l,ut tii.C
Il-hed it Hinnll advance over lac . t(
rlosln-t llsute-- Philadelphia ComU.
scrip, 191.1, koI.I at ,,lr. nnd lh5ii.?
M'i. These vtete the firs" , Sn-aS D"1
Rlnre tlin (niiii.m.v n,. . .ns"c"nS J
would l,o paid o l lnal wl
i
Financial Briefs
rhe National Hank nr ruM .Mt.
-V10..00 In old m.d i.,,oto i ,(hZW?f
new purrenev, 10 ('tihii ' ,B
A
llxpli
Hpeclal nieelliiR of the GtlKBehileL
lorntloii Comnntiv ainckhnia ,?.
2 ho t-alled In connection ttith the tvlndln,
"A. ' ,".0,rt '",,r'0iP''"v. There is aim t0
I dlHtrlhuleil to Hhnreholders nbout JHmi
let ' OOOrimli In the treiiHiuv unci siitk uu.'?.
nna oulet I, ut atendt under moderate auniillea 1 of Yukon flold Htock "
(Jllolntlolia Par Iota for local trnde. 11a to "
location Western No 2 tellow. SI1IK.-C.. 1
inn Hyiiniu.ue in tne Cuba Cane Sumi
underttrltliiff has honied a call for 43 S
tent, paynhlu .lnmmiv : Tina n&Bi
71W
7)5
l.'IO
15'.
I.VI1S 110
7.-1!,' 72
1071
12
5
70
70','
27
00 J i
7H
Kill
15)5
llll't 11 01 3 US
2IU
715.
mii
on
5S','
10SU
l.-IH
;u'M
107.
so
58)5
107
fl!f
Vi
my,
wm
25
HIK
41
31
21
llepuhllc Iron A S pf.iOS
32i Kwih I'au- rfd 4 . iiJ nnu U
HOOfl Sot til llwy sn 4a.... 72 72V? 72S
2illl do coil An .. .lusfi ng iiV"2
m
7.0O37.W
France Buyg Freight Cars
The Krancli Government ha placed an
order tor VM freight car with the Na
tlwul blel Car Company. Ltd., of Can-Ada.,
BAR SILVER
Tl extr cf fommen
fjaa i
2iaal Tlllrd AVH rifaw 4ri
l.Hl Oo adl C
SUKI Toklo &.
iua Trl City 5 . . .
IP Ml I- l ItUtlW li.
1IOXI II 8 Htaal U
IS. wi I Pnlon I'ac ct 4a .
2UUI I'cUiii I'ac rfd I .
UH V.t Bwy im
MM Wataub lat IW
10K VVaat KlBCt cv in
'Oimll VVa Uil 1 1,
36UO VVlMHtllDU & Lm U
i WU Cot jji 4a
Total .ale.. $l,l3.00o,
$miiM00 Uat 'louday.
. Kit
. 71
. Ul
ck
101K
tji
:?is
47
71
sei
llii
UI
UsV,
I'lU,
70
M
I"SJS
w
I'll'.
PI
til
IlS"t
101 U
1
7U4
70
hi
Itwlc Uland
Kock hljud pf .
Kurnely M Co if dp.
Seaboard Air I.lno ..
Seaboard Air I.lim pf
hears itia-burk & Co.
hlosi-Shef Sll
hoillh Porto It Hue
Soulhi-rn Pacific
boulhern Ity . .
Southern Ity pf
Standard Milllns pf .
Studebaker Co
Tenn Copiier .
'lews Co
Teiaii Pacific
Third Avenui)
Twin City K T
Union llai; & Paper .,
I'ulted Clear Stores ..
Culled CUir Mfrs
Union Pacific .
Union Paclfie pf
United Krult Co .
U S Ind Aloihol.
If
, 11)5
, 17if
.Tftf
1M
. 3SJ4'
152
101). 101
2.1 2,1
(it!,' U.'!'
S7 87
131
50)
-;-u
7!l'i
27
70
7)5
l.'IO
15)5
US)-,
TO
10S
-12
21
72 72 72
111!.' 11.1'f 111).'
!)! S?i SJi
.'Mi 57! 3S)f
10S) 108 10S
1.IH I25i -123J
:i.l5 .Tl).
WMi 100)j
82 82
50!,' 50!.'
105J5 10.5)5
5i
7!i
.')
O'J
2IM
78)5
12) i
30
108
ii
i
11)5
107
82
30)1
105!'
015
8!f
1(1
ir-)
25
805
II
3D'
10H
V,
11)5
17
;')
18.1
38
151
11
J li'i
.-
18.1
58
151
100)( IUI
22). 221J
Ki IB
87 87
15IU 130J,' 152
50)5 57!f 38).
J".
:w)5
oa
21J.
7!))J
-12)5
30!i
108
15
a
11)5
17
38
151
2oau -'10)f 20.5 soiivi
7)i
01
J0!i
715
!))'
(ill.
7J.
01
Ut
7'i
OVj
0.-1)5
7U
Utii
U5J5
7
0)i
at
OO'i
03J5
7
05
Ki
-130IJ 1,-10)5 I.-HJ5 IK
NHi tail 8.U R-Hf
VWi 2
.102 105
U H Iud Alcohol pf.. ll.'ll. li:i
1.10J5 1101,
158)5 100.W
lompared mIIIi
tr at fommerUI bar allvcr tn I-on-
Slhf.' wUh Wiultan jdeUarfilUc.
COPPER SUNK STRIKE
NEW YOrtK. Jan Zt-Tbe mines of
the Tenneaaeu Copper Company have been
ahut down because of a strike ,of the
workmen, who aro demandlnK a larjje
Increaie In wage.
The mlnea have been cloxd alnce Jan
uary 13. Although the acid plant la atlll
opvalln, the fact that the rninea have
been cloaed will cause ome curtailment
In the output of acid.
Hi
51
18)4
.'
3l!'
M).
117!,' 118
70J. 70M
USCII'll' . . 21)f
v s ; 1 p & r pf . . . so
United His tnv Co 18
Un Up Inv Co pf 305
U H llubber &ti
U h btel Corpn . . Sl4
U S SUI Corpn pf.
Utah Copper .
Va-Caro Cham
Wabath .
Wabaih pf A -. ..
Wabaja pf II ...
Western Union Tel .
V'Bt K & M . .
Weymau-Uruton pf .
Willys Overland . . .
Wlacoojila Central
WooUorth F W
Quoted ex dividend.
1'JH
. 15H
.. 47
. son
ma
08
HIM 115
.210 220JS
37JJ .17
40
15JJ
'7)i
SOU
iXHi
OH
II
21
10
18)5
a.5
S2)i
117H 118
78! 70
47'j
15J,'
10H
20h
00f
60)5
113
218
37
112
21
-10
IHH
or,
3i)i
8.-1)5
'8
15)5
Wi
Mii
em
115
218
37
.120 lion um imi
COTTON PRICKS DEI'ItKSSKI);
HKCKH'TS FKMj OFF
Demand Knirly Larcc Livornool
Straddle Interest Reduced
NBW TOIIK, Jan 24 As ununl durlnrr
recent moritln, the nubllrntlon of thn
PenmiH nurciui'H (-InnlnK roport wim the
hlKiinl for n hear mid, nnd nn n reoult
npenlnK prlceH on Ilm Cotton KxchnnKn
this iiiornliiK were 2 to H points lower
TI10 ileinnnd ttns fnlrly InrKe, however,
nnd tho lone tvns steady. There ttns dome
hedKo selling, apparently followliiB pur
( liases in tho South on K.iturdny after
noon, and u supply also came from Willi
Street houses. Home spot Interests pur
chased the tienr options and sold October
nnd December Mterpool -Ans a moderate
buyer here.
After tho cU pilces fell about 2 points
further on continued selllm- for hedges.
Liverpool cables wero lower than due,
beliiK I point liluher to I point lower tt
Iho tlmo of our opeiilnir, whereas ad
vances of 1 to 3 points hud been looked
for. I'rlvntu cablis, however, stated that
tho market, whllo small, had u steady
tone.
Rallies from the early low point vtcre
not fully maintained, but tho undertone
was fnlrly te,idy In tho afternoon, with
the active months some 10 to 12 points net
lower. 11 is estimated In some iuarters
that the Liverpool straddle Interest has
been reduced at lent JO per cent, durlng
Ihe Inst two or three weeks, and the con
tracts taken out of the market for that
account this morning- seemed to leave the
rlns comparatively bare of offerings.
Neverthelers. some cotton showed Itself
on the rallies, and the talk around the
floor was of a bearish averaKC.
The receipts of cotton at the porta for
the day wero estimated nt 18,000 bales,
compared with 28,136 bales last week,
70,313 bales last year, and 3S,9"t bales In
1'Jll.
Bat. Um. Open. Illh. Ijaw. Close.
Jt 12.T1 12.fl 12 02 J2 02
FOREIGN EXCIIANGK
NIJW YOltK, .Inn. 2I.-Thc feature of
Ihe forelKii c-ehnnf-e market In tho llrst
hour of business wan a decline In lire.
After ndvnuclni' Into on .Saturdiiy to
6.15. tho openlm ((notation today tvnn
6 63 for cables and G CI for checks. Sterl
ing wan steady nt 4 76'i for demand nnd
4.77 for tables French exolinnfn ttas
easier at D 85. for tables and 6M for
checks Dutch exchnm-p ttns a slindo
letter nt tVn and II. otliit (luolatlons
vtcre: Swiss 5 IS for t.iblei and 0 IS for
checks; Vltnna. 12 (.0 nnd 12.70; pesftas,
19 09 nnd 19 12; rubles. 23V4 and aa'a.
In the afternoon the mnrkrt for sterllnir
turned easier, untttltlistnndlni' the fore,
enstn based on the new arrivals of Amer
ican securities sold foi fortlRti account
Demand stcrllni was (untcd nt I.7BW
l.iiil-10 nnd cables at 1 7 13-16. Krancs
ttero riuotcd ut GK'.i for tables and B S6",
for checks IlelchsmarkB were sympa
thetically affecttd, flliaillnp to 7li and
it 7-16 Mre, 0.C7.
Wrarrrn atinmer tillott. f.2Ui"lKlu, . Wintern
No :i tellott. soiisL'i , tntit!uru tellow. Milr
fji- nti tmr 70 Ilm . f-OflHIi.
OATS- Ileeel,t.i. 1211.)0 l.llsll. OffcrlllKI
were Hirht aii't tirpes tnrled '',( hlKliei uniler
11 fair ilentanO. (Jilotiitlnna No 2 tthlte.
.",7's'iSSim -tninliiril while WrSM" , No
II whin. r,t,.",r , No I while. .-. i,1AH,c. ,
aiimiile oita, .V)fi .,! i.,i , iMirltlfl data nrmlcd,
,,iiafi .,!! .
riJl'lt -lie, elpta. ITI7 bhla nml lll7.l.,7 Iba
In sicks Mill IlinltB wee tlrnily miiliitnlned,
hut there wnn little triullnic. (juotiitlnnn.
ter inn Iba. In unod -vv Intd. clear, fi .V)W
.1 HO. ilo. atralRht. f".taiflil2i, do. pnletit,
-11 :i , lilt 1,11, Knnra- near. Jute n k. $." IVrp
r 70; ,o , utralclit. Jute. m,t, f, s-,in In. do.
pnlent Jute n.irk. fll.lr.lill. .,, Kiirlnir, llrit
rleir, ?., Utfil !). do. atrilKbt. fc.fil.'J.'i: do.
Illdlt, ll 2?lll 7 do, ratollte hrillld-, 'H
...V), city inllifi, ihoP i nnd fiincy iiateut. $7?l'
7 1 lt riillln, riKiilar uradea Winter, 1 Icar,
fi .,()?(., HO, do.. atr.illthl, .i!ntil2",. do.,
patent J-'l IVi 11 70
KYI3 Pl.OPIt aold nlnwly, hut KUpptles wero
annll nnd the market rulrd firm. te niioto
J., WTHl 1 it bhl , ,ia to iiuiillu.
PROVISIONS
The market ruled steady with a fair Jobhlnir
denMlld. Qilotatlona Plly l,ier, In ecta,
smoked and alr-drled. 2KI2c . Weatern beef.
In rcta. uniokcd, 2lftSc . city beer, knucklns
nnd tenders, arnoked and iilr-drled. 2ilfr27c.:
VVeniern beef knuckle and tendera. .ninked.
2iia2i(.. beef hams, I2SK.10, tiork, tiimlly.
I22.S021. bams. 8. P. cured loote. llVilrfie.;
do . etnoked.
cltv ruled.
to tirnrtd nttrt nlernen lctil17,. . hn,n
enioVed. Weatern cured. inu.ftl7c. do, bn'.lcd.
bolleleaa 211, . plinlc hholltdera. H. I' (llri-d,
Iooe. 10c do., smoked. lH412c; tllle In
ptikle. ntrordlni; to avtrace. loose, 12fl2Ko..
Iiiiakfaat baton, nn to hrnrul and nverane,
ilty cured, l.vulcc. , hreakfaat hi, on. West
ern cured, l.'.ftlilo . Inrl, Weatern. refined. In
tlereea lit do, do do. tillm. Hi.; do. pure
city, kettle rendered In tleriea. lie; do., pure,
city, kcttlo rendered. In tub-., tic.
nr.FINKI) SUGARS
The market waa unlet but (lrni. Itennnra'
net iintcs. i.ttra line urnuu nte-i. ., rv..
ilio,.. nnvtderei. I '.IVr .;
eoft Kradcs, .'Ito.iiOe.
ullriKether
called.
CO per cent
Hint has tttft
ilo . Kklnnod. loose. l.,SI.'.ii.,.. . do.
17'ilSc. other barns, amoke I
ilovcinor Charles J Itho.ul-, ofih.
-(deinl Ileyetvo Hank of Philadelphia,
bus retiiMied fiom the t-onfuienre of re
sort bunk KovcrnnrH tilth the I'rdval '
JleM'tvn llonid nt Washington Jr j
Itlio'ids hitil nothing to add Io the JUl'Ij
mciit Issued nt Wnsliiimtoii at the con-1
elusion of the toiifcnnee, uhlch net forthi
the principal HU,jrrts under dlFiu$)oa7
us riovcrnnirnl Iioiul Miichiisen and ,.'
tcislniis, icn-ives of member bank and'
no Kuiu-nutiieiiieiii. iiinn ;so definite jc
Ilon ttns tnkdi. ,
fJeorsn (1. I'.-itker, 11 member of the CM
riiRo Hoard of Tiade foi I, jcars,,hui
CIJI'I Illf HCIll UT l-iHI
Tho New York banks lost SC3,C0 to tht
nuiiucaniiry (in calurlla, and Blnco bit
rrlday. .',117.000. ',
JfG
HANK SURPLUS FALLS
MONEY IN NEW YORK
Ni;W YOHIi". Jan. 2..-Thn market for
prime mcn-antllo paper Is unchatiRcd in
respect to a considerably larcer demand
than nuppiy for cholto material. Tho Iti
(iilry from the larso llnain lal Institutions
hi New York, Iloston, I'hlladelphla, Phl
cnRO nnd St. I-oult Is larKfly tonllned to
Ilm hlKlit-st niiiility paper, and this Is
rasliy discounted at 3 per tent. From the
IlKiiro mentioned, rates run up to ,'I',A per
ti-iii., nccoruini, 10 qiiniity and length of
maturity.
Time money on tho collateral Is un-chuur-cd
ns to rntei or conditions. Tho in
rreasliiK reserves of tho hanks, swelled
by tho rectlptH of sold from Iuroe,
offset the efforts of bankers to secure
any appreciable Impiov nent In rntes
from the current low levels. Tho slightly
nicrcancii naKiiiK UKiires recently report
ed are largely nominal.
standard granulated. .-, n
onfectlonera' A. .",.,"..
DAIRY PRODUCTS
fll TTIIll Demand readily absorbed tha llin
lled nrrtrliiRa of dealralde atm k nl atendy
prliea (Jiiotatlona Urateru, fresli. eolld
pickerl , reanierv, faniy apc'lals, .".1'.; extra,
Sic . extra llrata. :iiii't2 . llratH. 'Mli'.A-.. aic
ond, 2Hf(2Sc . ladlcn, 2ia2"-'i., niarbj prlula,
fancv. .'lie , atir.ii.-e txtni, ". Ifl::'.. Urals,
IOU32I.. ne.oiida. 2ti2u . apeilul fumj brands
or irlllla juhhliiK ut 1111 I li.
i;i;(i.S The market was quiet nnd without
Important ' Imiu-i Olftrlnca wire ample (uo
utlona In frie 1 arcM nenrby extra. ;ilc. per
doz., nearby llrata. $s til nr Htandurd cane,
nearby urrent reteiin js.io per taao. West
ern 1 extra llrata. S pi r rime, do, llrata,
is.10 per man fntic belected inndlcd euga
were fohbliiK at .Tifi.Tiic. per dozen.
PIII.KHi: -oifii iiikh were limn and tho rn ir
set rulcl firm ultli trnde fair, rolloitlmr nro
tlm limitations New Vork full .reiin. fancy,
held. 1S'7'.. "apei lals" hlKber. do. fair Io
f'j",. ""'" ii'i'Hi'i".. uo , part i.Klm,
POULTRY
I.IVT3 Tho markit waa quiet and un
chanired. with mo.irnto but ample orTrrlnsH.
(fuolatlona Powla. aa to le and oulltl.
IMI ISe. inost.ra. I2rtl2l,,i.. uprllic illlc kins,
nciordlnu to (ilallt, ll.iils,... tiirkeja. 20K22i ;
link-, aa to ale mid iiualltj. I,i17i., keiae
!.& 17e. . idmniia, old ,er tulr, 2.Mi2sc., do.
joilllir. per lr. lfi&20c.
I)tlJS.si:n. Tho mirkit ruleil llrm uniler
llsht offerlriKS and n fair demand I'riies
:':..'.' i'in en -jc. wuoiatioiiH- 1 oHh.
killed, 1lrv-p.11 kid fowla 12 to box. dry-pliked
fnmy. MefuKd. 20'ii.. do, tveluhlnit I Ilia, am:
Local Institutions Also Report Sharp
Drop in Deposits
A decrease of tl.ir-i.ooo In surplus re.
seive was repotted bv the Philadelphia
banks for the week. Deposits Ml nearly
live million In the individual ittm. uhli
loans showed a moderate expansion. I
talis follow:
I.oana
DctoKlta (Individual)
Pin illation ...
linn from batiks . .
Icp. of bnuka
i:.x. Plearln lloime
Itrfcno laid ... .
Itia. r(iiilied
ritlridils ...
Illi rill rc.
SurpltiH under old form
J27.0HI Wi. lauuary 211. nil I
nry ,, iiii.t. 51 1 r,i ixri
;i ,, u.'.uio, Januiiit-
Januai v 21 mm. Dccrui
.. SI,.! 111 fmo ''l.liHa
4JIISII 000
In n7,t in.)
si ir.'7 ik
171 ii'.i.'ohi
20II..J IH
I'JI 1 riioo
7I.M,S,IIIK)
IS 1)71 IHH
f.fffl...
IMMJ)
.W.5I
I.I'It.OOQ
l.siijoor
M()iO
-j. Wlii1 4
lno . v 1
H
lauuary
1 S.7 11,000, ;no'
ri Ji.mury 22. 190M l
I'd I Uo,lki3.v. J J
oter 111, to. 1,. 2ui
ni.lece. Hi, , do , do.
i .
RATES FOR MONEY
New Vork
Philadelphia
llOHton .
Cblear-o
Pall
1".2
..iwat
Tlma
:',n
! ViVt
A. ILL
Pommerrlal paner. (hree (,, mIv mnniti. 111.11
adelphU. WjUt per ctnt.
January
March . .
ilay ....
July . ..
October .
I-teciinbex
Hpol . . .
2..U 12 27 12.20
12 .',7 I2.M I2.il
1.1. lL'.ltl 12 III
12 71 12 117 12.117
I2.H1I 12. St 11! M
12.3.
12.11
12..-U,
12..V
12 31
12 i)U
12 2S
12.111
12. OS
12.r,!l
12 71
HANK CLEARINGS
Hank clearlngi today lotnparid with corre
apondlliK day la.t two year.
nil.' mil llil.'t
Phllada. .. $."0 Sst.ti.!) lti,iis.2flt) -22fSlh2s.
New lork .2112 OVI.rW! 221,4S.',IU2 217,001011
lldlllmoro .. ii..1i 'i .ifiT '.Irn iai "!7tiS.iiH
London Discouiils
LONDON, Jan. 21. Money, 4'iS'; per
cent. Discount rate for both short and
three-month bills, B'.itfB'i per cent.
Hank Acceptances
NKW YOIIK. Jan. 21 -Prime bank ac
ceptances continued slow at nominal
quotations of 3 per cent, for 60s and 2'i
per cent, for Ms.
do . HrlirhlllB :i Ilia.
wclahlni a fl,u u..l...
do. attirfllfr m!z,u 1.-.4, it,. t.....iu t.t
,,." ,,.. ., , . ,. '.-"-..- - .,., ,1,
....., ,j 1.1. am 1 amy, 1 ina. IMKI otcr
apiece, lli'ie , amullir Hltm. I.'.fds.- 01,1
roo.tera. Ury-pP ked. Ilu, Phlikina. Jer-
;ey. fancy broiler. 2l2ili.. ntti.r nearby
fan.y broiler-. k.i'JIi- , Weatern brollera.
welKliInK H,fjS ba aplei e. 22021c . Nortlari
llllnnla, fan. y yellow .hlikena welcblni: I
Iba. and ..er. In boxea. 211(22.-.. .R! ilu
weihlnc UMillv ha.. hoxea. lSUl'ic do"
wcia-hinc -'VifflU ha. In bbl... 'itbih . xoSmi
tof.,.l,rrn' lK?,Kh P1, ,b"' ","1 "v. In boxes.
IBf'tlic ; other Wentern. welKhlnjr Iwuu Iba
!.7t?i".e,iV lOqiTc. other We.tern. wiiihiruc
2'itt.Hi lbs., In blda. ISHIOo.- Inferior. Me
Pupuiin. wefshinir siiin b. apitc", ";, -,-.!,"
do. smaller alie. 2.IH20c. Turkeys, nearby:
!?-ly- Zlu-,i- .''"- .""- .'""' ' tnol.c. 2
20i .do. Western fancy, 2llf(27c. . do., do
k-ood to (holce. ,2:t2.c ,"-,0 "fair aw??'
UO , Old lonn, Sli.. do., clllla nnd M
ni.ruiK ii.i.kb nearny. is-fOc. do..
lailty. 17WISC , do. ilo fair In
WIRE PRICES UP AGAIN (
American Steel Company Puts Ad.
varices in Eirect nt Once
vine vnrn.' (.... -1 oi. .M..tMH
Steel and Wiie t'omp.uit this morning ad.j.( f ,1
'n....A.I l.n ...l.i... ..f ....I1...M.. r..Am .. a'4
...tn,-,, tin ,,i,-n ,,, ui,iiii,iiy i,wul) ft " I
ton, W'lro nails In carload lots to dealers'
have liteu put up to 2 10c a pound,;
painted barbed wire to 2.15c a pound,'
galvanized barbtil wire to 30e a pound.
plnln annealed fenco wire to 2 05c a pound
for bnso hIzch, and galvanized fence tvlr
tn 2.75c. a pound fur base sizes
Tho company ban nuido a corresponding- .
advance In thn )ili,iier rid8 material" '
amntinumf to npproxlmateli s per centrj
or to a ton, and on some products trie in'
creaso Is oven larger The advances urtl
cffectlvo Immediate!' .
.MINING STOCK QUOTATIONS
TONOI'AH STOCKS
Liverpool Cotton
I.1VBRPOOI., Jan. 2t.-Spot cotton to
day was In moderate demand at a decline
of 3 points on the basis of 8.18d. for mid
upland. The sales aggregated SO0O bales,
IncludlnK 7000 bales American. The Im
ports were 11.000 bales all American. The
market for futures closed easy at a net
decline of V.ilim points.
NEW YORK BUTTER AND EGGS
NBW YOIIK. Jan. 21. - IlUTTBIt-JUrket
eaaler and un.ettla.1 Hac.lpt.. aVui package"
S,ir. -LVt!""J'.3-9,i7&:v 'l'ihr KortUsT. l
.-..rj-:v.
-.
r'lGS Market weak. Ileceli. jivi .,a,-
"Sva.l--.xtra flrMa. 2I.V,S2uc. i first.. "7 828 :
nearoy wiiuca. aoatidc . mixed color, li'J Wile.
nwarbv brown. 9fttln . -.-,,v::f- ".-
7t. -. m.
HHIUK.
2s8lc.j refrUerator" Brati'
Total ale, 677.104 bre, compared with
K3AW share Uat Monday.
LIVE STOCK QUOTATIONS
CHICAGO. Jan 2t.-HOOS HacelDfa 73 Oro
T 10tt7.(H, aood heavy. $7 15U7 65. rouah
BliBl' Ilectlpt 18.000. Market waak, 10c.
j5 miu ' w4-"". 7.tsa7.sjTiiD;S.
Jim Hutler
MacN'atnaru . .....,..,
Midway
Mlipah Bxlentlon .iiii"
Montana
North Hiar
Tonopah Ilelmont "
Tonopah Kxtentlgri "
Tonoiiah Mlnlnv
Ilt.cug Kula "
Weat End .....I'.l'.l
aou-KlKM) HTOCKa
Atlanta
ltiua iuii .-.
Itoolh
llulldoc
' o ij .. ;; .:;
('cniLliullou Kratllon . .
DUlnondHtld 11 II
Dalay
Florence "
(toljnel.l Curuol Plated ....
(lowneld Merg.r
Jumbo Kxteniltm
Kawanaa
Oro ,
Hani.torm Kendall .. .. "
Wlter i'lek ;
llll
.11.-,
.0.1
.l.'i
.20
.a
.in
',,
'i
'-i.
,m
.80
Aake.1.
Kalry Altec
Kluiberly ...
Nevada Hill .
ArUuna l'n .
Nevada Wonder
MISCELLANEOUS.
.21
.0.1
.4n
.02
.01
.07
.01
.01
CO
l.U)
.1
J.31
.21
M
07
01
01
.02
17
.23
i. a
32
.10
.hi
.23
.Ol
II
art
M
.OS
.CI
.
l.OII
in
1.38
loo
.(IS
.03
.on
.in
.20
.33
J.70
Typesetting Company Sold
NEW YOrtK Jan. 21.-The plant of the
International Typesetting- Machino Com
pany was sold at the County Courthouse,
in Brooklyn, today, for 11,610.000. Tb pur
chaser waa the HeorsanlMUon Committee.
1M1-20F.
Weatern.
SWIIl. 1.UI.K lie.ao. nenrhv liw. ,fi an
Weatern. 1 'ft Ilk-. Kiiunba. per doi. Vhlte
welirhlna- 11 to 12 lb., per doz,. -.lo"l
white. welKhlni- If to 10 Iba. per do .. it .w,
0; white. welxhlnK 8 Iba rer doi., n.lS1lii
2? '. a". 7 ih "or ilo. -UMBO, da a".
'ilVi bi. per ilox.. K M-fl'-.T-l: dark. 12.233
2.73: imall uud No 2. Jlfll.23. "
FRESH FRUITS
..J?1!?10? et.ocl V!UI 'a!rllr a'"1 values Kencrally
ruled ateuilv (juntallona Apnlea ntr l.bl
Jonathan, fancy. U.MU i M.Jn'utr la iSml
2.Vj-. Slclntoab. 4v.lfj.-l a". v neiin SS
.'I2.V. Ilaldvvlil $.'..Wl.l2V I lacV-rwft ..riSf
l'-;IVf,,in.'" f,?'i,,2i,i ty"-1- "reenliiK. r.'.r.i
?'.:' Vork finperlal. 2M. iMentr-iiuiiie. 2( I
I'llinllj, 2J.i lien puvla, tl 7Mi2 Wi other
varieties. I..Vb2..Vi. No 2 tl 2JSM 50 .",,.
plea. In bulk, i.er IIKI Iba Me fit I 30. Aniilei
weatern. tier box tl 21ft2.23. orunicea Florida!
ner iwie II.HW Tunserlnea. Vlurlda. .f
nV?H.u'?!P- , 'Jnwerrult. Klorl-la. mr .rate!
2 MJfCl.rJI. I.einona, .er box nu I I'lne
V.l?t,lf!' Kr, J rate Porto lllco. f.'MKfSSl,
UnrMa. tflfS SO. franberrlea Capo Cod nor
l.bl. tJf'U. do. Caps Cud, er i-ratc, S2..MU
II. do.. Jeraey per crate, 2 2363.78. Hlraw.
berrlea, .'Iorlda. per (t . SSfi'lSc.
VEGETABLES
The market was quiet and without Important
chance. Quotations While potatoea. per
bu.h.. ilfel.20 White l-otatocar JeraVy. l"
baaket No. 1 Ra... tO&70c . No I otber
tarletlea. IJJft70c... Nu. s. Wmioe. Hmtt So tit
.,.l?v,J.rV,y-., "'. WKket No. 1. lOttSOc., No.
Si i-,1rr-?" BvJSt Wlatots. Vlritliila. per bbl..
tl .4M1 1.7. Onlona. ir 1 ()). baa No I
ti.2ift2.73. No 2. 75c.tttl.25. t;abbr I)al t
jail. per. ton. ttIO. Celery. Now York, lir
I'J"'?'1., .(JS'' , i,lil."aJh Norfolk, per bbl.,
75c.4jtl 21. Kale, Norfolk, per bbl.. Wahid.
lettuce. Horlda. per baaktt. tl(21.S0. du
North Carolina. Per basket, 73c Htl.i'i; do
Texas, ptr bmket, no373c. lleans, Klorlda'
per baaket. tl SU-3 1'oaa. 'lorMd. per ba.k.t
-" - I'eppera. KlorPla. per currier, SI Tnti
2 2'i. I-KKpUtnt Horlda. per irala, ti 23e
2.73. Muahrooma. oer -i-lb. baaket. tltfl.boT
Speller Stronp;
NKW YOU IC. Jan. .'I - Spcltfr "
stinit'T todnv 11111 shotted an advanie
half ('(-nt for nil poiltlons I'rlme 1Vll
ern hpol, 13c.; I'Vbruury, Ivic.,, ST
".lurch. 17iilSc. nimlnst 17ic. last TW
. t
$1000
FIRST MORTGAGE
BONDS
secured on
The Bellevue-Stralford
Principal and Interest Guar
x anteed by This Company
Guaranteed Mortgages are
the Ideal Non-Fluctuating
Investment, and Legal
for Trust Funds
Circular on requttt
Philadelphia Company for
Guaranteeing Mortgages
William It. NlchoUon, I'raM-nt
Lancl Title Building, PhiladelpbSa.
TIMIIKK bTOCK
Will aU at par, limited amount 7 cum
ulative praftrr.a atock In tlnibar itimpviiy
tViil", "?' o dlu ot I'acltlc Coaal. tide
water timber, clow td tranaportatlou. with
bonua 1 of half ahare common atock. to!"
Wtnffif a"""" r-. T"nbe? all pa d for.
WDllf. wwi" B-"end'd bDk ""' ""
U. C. HiNl'OltD, Cedar Itapld.. Iea.
IHKKOTOHV OK ACCOUAT.1NTI,
Ce-tUlU rublloUeoum,,.,,.
1613 HEAL, KHfATfj THL l fl1N1
BUItNa ,ft Bfl-AKMAJ
Investors
Pocket IVTanual
With the Nevv Year come thj
Jtevv 272 - pane Investorr
I'ockct Manual, tslvlnij cuntnl
ututiHtics. records of atoca
and Bonds of itallroad, I "-.
trial and Mlnliig corporatjont.
alao niarKin of safety table M
unusual Interest to Invetts'
Bent free on request.
Reed A. Morgan & Ci
,1
;ba4
... . n ji rti t TtlAtf
west r.na iruai hih i,.
I'iilladelpbla I
Member of the Pblia. Storlt E7-W; I
-4
X