,irPX-iWpFX'Vfl W"-tgri wfui-- '
Krfl -w-
'iiWflk'!' tj I vr'jer- r
M-t-r-T fr-j-y
? Jtuwm jjw 4 WMWWWy WW WUp iu' 'awf"
EVENING LEDGER PHILADELPHIA, WEDNE HI) AY, JANUARY 2G 1910.
ft--
vtffcj 5f
. FINANCIAL NEWS
STOCKS SOLD OFF IN AFTERNOON;
SPECULATIVE BUYING WAS ABSENT
Leading Railway Issues Declined One to Two Points,
v Room Attributed Weakness to Foreign Selling.
International Nickel Down 13 Points
' Vff.
XKW YOItK, Jan. 26,
- . TltnvrE i'nn rt itnnnn .1-.MH...1 fn. tt il.t tilntt.n DlArtl rtntt-t tit ft it fl I
,. j: 1WV itO II MMUIUU.1 IIUJUlLlllI iUI- L IIILL'U nUllfn lOHJVJi MJIiilliwii ilk
tho
New York Stock Sales
Alaska J OoM M
Alaska (told MlnM
Allli-Chilmen Mfe
Alllj-Chdlm If(! pf
Am As clirmloal
Am can
Am Can nf.
tjtitl clone. ItlEh.
9)4
2JU
27
r.n
OJU
OH
24 M
27U
8f)
02'j
Low. Close,
o' mt
2.'W
78
0S
(ll'l
21
20H
7S
fll
AETNA EXPLOSIVE
FEATURE OF CURB
Am Cat A Knnnilry
Am car Fiiy pr. .
Am Coil Product? .
Am Cotton Oil
Am Itlclo fc Leather
Am Hide & I, m ...
Am Ire Securities . .
Am Linked
Am t.lnoeed pf
Am Locomollve
Am Locomotive pf. .
Am Malt
Am Sm.'lt & Itef . .
Am Smell & Itef pf.
Am smeltrn pr A. .
Am Smellers pf II ..
Am St-vl foundries..
Am Sucar Hcflnlnir. .
Am Tel A Tel
Am Tobacco
Am Wool tr r
Half U.Ti 112'f 112'f
ns noli now
lis 118 lis
.170K 171lj 100
Allantlc Coast I.lno
I laid Hlu Loco
opening, following heavy muling on the NVvv Vorls Curb, after the doso yes
terday, hut the fact that this buying might mime a vulnerable tiosHloh, If not
restrained, caused some of the lending Interests here to put restraint on tlio
market. Ono- house C. D. Uarney Sc Co.-sold 20.000 slinres at the opening,
part of which was arranged for beforehand. Another house sold 10,000
shares, and several orders of 5000 shares weio In the imukel lo sell stock
yrhlch could easily be traced to Inside interests.
i This selling answered Its purpose for. after fulled Stales Steel, on a Wild
nnnnlnp. nnl.l nt R.M6 t.i ert il.r. i..f.n .nn,.i...1 .. o I7l .w 11. nt Miiim Iwuirnvrte.
the prcssuro was withdrawn and the general understanding was Hint tl10 i Am Z I, A Smelt
market would thereafter bo left lo take Its own course, which, tho general Anaconda Copper
flurmlso Is, will bo in tho shape of fuller appreciation of the teplaelng of tho , Associated on....
lendlnir Inrfn.qtrlnl nn Mm .llvlilnn.t.., ..!.... iiui. tli- n ..'rlnnlt Mliml timl snttl dnWIl I -'p'1 T H I'
oalT ., , ,.. .,.., .., ...''',"': ' ' f" H V I'f
The sympathetic strength induced In alt the active issues by the action nf
tho Steel directors was taken advantage nf by bankers rnntrollng some of the
recent arrivals of foreign stocks, and sales for foreign account were effective
In causing declines in Krlc. New York Central, I'nlon l'aclflc and a number of
others. This selling nlso was exhausted long before the end of the llrst hour,
and nt the same time a movement to lliiuldnto speculative holdings, always In
cvldenco after the publication of good news, hnd run its course.
Tho afternoon trading reflected the Influence of the heavy liquidation
and pressure of both long and short stock which marked the opening trading.
The most Important feature, however, was tho continued absence of speculative-
buying, which made offerings of stocks quickly effective In establishing
lower prices, and declines were In order all around the room nt frequent in
tervals. United Stales Steel common, on ono of these declines, sold back again
to tho flnnl price of yesterday, entirely wiping out tho Initial gain, nnd later
selling n point under yesterday's close.
Mexican I'et dropped more than 7 points In nil from tho opening, nnd
International Nick 13 points.
Tho leading railway Issues yielded 1 to a points with tho room attributing
the weakness In these stocks to foreign selling, but It wus thought Hint the
supply of suph issues as ICrle came to a great extent from members of the
recently dissolved pools. It Is understood that n largo banking house has
completed the sale of 00,000 shares of American securities consigned to it by
Europe Canadian Pacific was the weakest of this group, being In steady
supply from the opening and showing n loss of "about 5 points from tho
opening price.
. O.I
. 10'f
.. M
. . 27'
.. 2l'f
.. -IDS
.. nt
. . 11)2
.. Il'f
101K 101
.1IMH IK
5'.
11
ra
275 i
2.V4
l.'l"5
0.-
-,
m
Mi
00)f
118
10
mt
27?
J I ' i
H
m
21
n
n.i'f
It)"- 102?f 102
ll) w w
loi.'f mi'i
nn in
0.1 O.'l 02V 02'
87!f 87' ( S7'f 87!f
T0 o7Js .." fi.i
n:ij n.-i HW n.'i'f
127
. .20:.
.. V)'i
.'.' oiitf
.. S7J(
.. nt
..10(1) j
mrs
. 1 i:i
io-
127H 127'f 127?S
MVi 201 201
il IK -IS't
12'i V2H V2i
1).)H 07'i 07Jf
8S!j SHU 80' i
03 rem oi
100f 103H 105'
niUi no'j uo'i
ll.'l 11'! lt.'l
109'f lOO'f 107
Motor Stocks Also Prominent,
but Prices Reacted After-
Early Show of Strength
llaldnln Loco pf los'i lOS'i KH'i lOS'J
SETBACK IN WHEAT
ON PROFIT-TAKING
New High Marks Established
Early in Session Business
on Large Scale
CHICAGO. Jan. K. - TroOt - taking,
brought about by an absenco of export
demand and efforts on the part of some
of the leading houses to check ovcr-cn-ttilielasni,
caused a set-back In wheat
todny after an enormous demand hnd
caused prices to again mount into new
high ground for tho season today.
May touched $1.;tS's, against the pre
vious high mark of $t."Cai, established yes
terday, and July reached $1.28, compared
with tho previous top mark of $1.21,
mado yesterday.
Reports from Kansas Indicated that
thoro was an inch of Ice over wheat fields
5n a largo area. This excited some of tho
speculators and the market lesponded.
Business wns very large. The advance
tempted a si eat deal of realizing by the
bulls, which caused the reaction.
Tho close wn only Vic. above tho low
est, at 31.3GV4 for May. against $1.31 at the
end yesterday, while July finished at the
bottom at Jl.-0'i, compared with $l."C!j,
yesterday's final price.
The weather map showed heavy snows
In tno Northwest, whero traffic nas badly
hlockcd. The' Price Current called at
tention to the fact that the rains of last
week had laid bare winter wheat and that
the warm weather had freshened tho
l plant.
The market at Liverpool turned dull
after allowing strength nt the outset. The
news from Argentina and Australia con
tinued bearish.
Leading futures ranced ns follows:
Yesf d'H
Wheat Open. UIKh.
May 1..IH'. !.:im4
July ' 1 zm. 1JS
Corn (new delivery)
May Tim 7!)
July 711'S Mi
w .i
I.OW.
l.:i(l
7n
71)H
Close.
M.'JGV,
t7SH.
t7!lJ
clotte.
1.20V
711
7U!4
Itav
July ...
Lard
January May ...
July ...
Itlbs
January
May ...
fork
January llav ...
Hid.
... w
...AO.ilJ
VKH
,...10.7T
....10.72
....ll.O.-i
....20..W
.. 20. .-,0
TAskeJ.
50' i
tn.:io
10.(12
lo so
in. 75
11.12
K1",
-!!)'
SI'S
tlU's
ray,
4UK
20.57
10.27 io.:io m..io
1U.M "10.117 110.1.0
10.72 tl0.7.'i tlO.7.
10.72 10.7." 102
11.02 "It M! tll.1.1
20.20 tso.tr.
20.10 "20.10 20 50
New York Bond Sales
HlKh.
..11.1
. . line.
.. KM,
..1111
.lo7i
. IU
. IS
.Ullilf,
. I2,
"-)
.101,
.102 V.
.1(1)'
Mre.0 Alaska OoM cv fia
Uo0 Am Cot nil s . .
IC25.IO AtiKlo-rr I. n ...
:inno Anier Tel com -is
70UO ilo cm -1143 .. ..
2(,IH) Armour o IM,s .
12-no ili cm l . ...
.-iicoo li cv 1b lUiiO .
HOiH) nnlt & O Is
Nlitiu do cv 1 14s ....
loco nkO Snn :u2a .
2IKHI Hctli Steel 1st 5s
MWO ilo rM .1
2OII0 llrnok 11 T 5a ...
limn Uronk fn 1:1 1st ;
10 in llnok fn (ias 1st 5s..lOo
uiwii i kj j Kell -IS Ml
an 11 Cni niis .t Blen ,-.s t7
Niiin Ccntrnl I'nc 1st la 111
noun t'hlll ConiHir 7s 1.12a,
.'mm Chen . Ohio cv IVs.. ssi.
2i'iio Chi's .t Ohio V'is. ..... Ii2'l
:.ll Clus A: (Ihln .is Kill
11)0(1 l-hl nt West 4s 7'l
:i.(ai Chi II A Q Joint Is list,
1(0(1 Chi II & ll III :i.s ... S7
2(0) fill M - St I" pen Is 02',
2.-J1KI fhl .M St 1' rtlv Is. till
IBIIKIO rill .M A: St P cv fi'..llll3a
ll'IOiHI Chi M A St 1' c I'j.lirjn,
1KO Cle Sh l.llio ljS.r..liili;
11MTI Col ,l South 1st Is.. 02
il.'iio Pel Ar Iluil eonv 5s t p.ln7i
"OKI Don .t ltlo Or rfil .'.s. 57;
"(Hie I iu Punt Powder 4'
1(KK)0 Krle Ken Is
4'Ki Krlu mnv Is ser A
ImiO i:ilo cun Is for U
::oimj lirle prior Is
25enn (Sninby Cons (Is...
5O0I) Hud A: Man In 5a.
lOIW III Steel licit 41-3..
10(0 Indiana Steel ,1s..
IflOO Iowa Cent rof Is..
.ion
5000 Ins Conner cv (I. .
12(lon Intrrh It T ref .'..
'J a
.. .-
..1071.
.. :ii1
.. ui'
..Klfk
.. 5-in
. 1SIS
.. mo.
.Kill,
..1021.;.
. 7il'j
.. U.IH
v
lis'i
055
IIVJ
till!
FOREIGN EXCHANGE
NEW YOItK, Jan. 20. Tho market for
foreign exchange opened steady In tone
on a moderate volumo of dealings. Ster
ling continued to show support through
buying against sales of formerly foreign
held American securities. There wns no
change In German exchnngo and none is
expected as u result of the reported ac
tual or Impending shipments of gold fiom
Germany to Holland. Dutch exchange
was not more than steady at 43Mt3,.
Other quotations were: Demand sterling,
4.76 3-1G; cables. 1.76 15-16; frune cables,
6.83?i; checks, o.SOVi: relchsmnrks, 74 11-16
74 13-16; lire cables. 6.63; checks, C.C6;
Swiss cables, S.16, cheeks, S.17; Vienna,
12.60fftt.G5; Stockholm, 27.55ft 27.63; pesetas,
ia.03fiW.O5; guilders, 43M)43ft; rubles,
SflTiSSO.
Around midday tho market continued
steady. Business was moderate. Demand
Sterling was quoted at 4.76, 3.16& l.764. and
cables at 4.76 15-164JI.77; francs. 5.fc5Ti for
cables and 5.86 for checks. Ilclchmaiks
were quiet at 74?471Ti.
In the afternoon rubies came Into prom
inence with an advance to 30fiHp. The
other markets were steady. Quotations
were: Demand sterling, $l.764; cables,
$1.77; 00-day bills, $1 72Vi&1.72!; 80-day bills,
$1.7014,; franc cables, $5.K5i; checks, $5.S6H:
lleichsmarks, 7)?,&71c. Business was
only moderate.
MONEY IN NEW YORK
JJEW YOItK, Jan. 26. Tho situation In
the- market for prime mercantile paper
ia. nuc yei unuorgcine any uiiprecuiiiiu
change. There is a good demand for
choice material on the part of banks nnd
other financial Institutions, but the supply
of the quality required is small. For
choice paper running even six and seven
months, 3 per cent, is quoted, but there
U a general unwillingness to discount
paner of any quality under that figure.
yU material lebs strictly gilt-edged, dln-
BUiuJ run up io -l1 per cent, ami in ins
sections institution are not kji
Derations under that rate. Time
Hey on collateral is somewhat tfusler
' In tone, although rates an not quotably
cMnaed. The demand U only moderate.
Brokers report that theie is appreciable
dlcciimlDation in loans.
iWl(( Inter Her ilnr 1U.
.".oki'o no ct :..
KIOil K C ft S & M 4s...
I0OM Kan Cltv So 5s
:i(l!l KlIlRs Co nicv Is .
10WI I.acfcn Steel 5a llC'.'I.
lllico IjH'kn steel 5s lli.'.n.
2(oo Mt Sh dch 4s 102S .
1000 l.k Kh ileh Ih Hill .
1000 l.lu te M 'p 0s 1021,
1000 Minn & St I. Is 51
11X0 Mo Kan Hi T 2d 4s... t
fflMm do M Is si
(!5( 0 Mont Power 5s ll"l.
.!'!&'; S Y. Mr "ra150 t (is.lOH,
111(100 N V c l. S HV-js I.s
4(l'l(l N Y C-M C col .'Itna. . . 7S
-ihki x v C s H XVj3
101(1 do 4s 7.
15000 do l"i.s !
05010 x Y Cent Us
II01III N y C'lly 4s lD.'.S
1UJI do Is Tli..!
;tiKi do i', mm
15(101) do 4is 111(11
250.(1 do Vin 111(15
In, A v" - ..7- .. .. ...
4000 NY N If .1 ll-cv IV. u. 72).'
won do iu ...mi;
.".1(100 N Y llwy adl 5s an!
lm 0 N Y Tel een 4is n-J
1(00 N" Y W C A: 11 l'as.... M
:u,W Nor Pac nrlor Is (nn
i.spoo Nor I'ae Ken lis taiij
ihiki 1'uclllL Tel 5s liKiii,
IKioil Penna sen ct li;.s..,102
21000 do en i.,s 100
120ii(l llenuti Cuba 5s fir.-'
lit oo Hen Ir ft H 5s iT
5(00 St I. Swn 1st 4s 7s?,
t-uiK) San A .1 Ar I' 1st Js. fioij
2000 Stand Mill 5s 1171.,
.'loon South Hell 53 Kiiij
5(s South Pac Is S7.
1000 South Pae cv Is
51,00 do cv ret f u 5s,.
20"( South Pac rfd 4s. . .
Nl Suuth Hy gen 4s..
llJOil do cull .IS
2000 Tenn C & Ir (ten Ss...l(i2n
Kmki Tlilrcl Avo now Is .... ki
irfNMt Third Aie ndj 5a .... hl"l
l.VlfKf l S SKel 5s 105
12000 Union Pac lit Is .... IIS
WKJ) do rfd Is HO'H
50(K) On ltwys S I Is I'll.
200(1 Vll 1 C A: C 1st 5s Wl'7.
..iuhi vu lluv rs
1INM
. l4
. lit
. lilTf.
111'5.
. lis-,
. IIM,
.1111
.101-;
.107
Low
11.1
II'.'.J
ICi'i
101',
lllll'.
III',
III':
1 ; t.
112 ,
llsl.
112 1 4
I'-l'D
llU't,
ire:'.
l(10"j
loin.
Ml
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m I'm
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!'J',
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71
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in
lno-i,
1U2
1;;!;'",
li'7lj
.-74
1IU'!
sii'.
S.-.-4
1II7C3
.nn,
Hi's
nil Hi
.Vl,
1VI,
HIS.
101 ',
7ii'3
Hi's
S5
'.iN'i
U5'3
II.V,
i
1II2',
51
4II-4
5.1
llll-J
1(114
S7i,
7N
ML,
ll'l
my.
no'.
I'M I
its',
nil-:
ini'4
107
Ml.
72).
1 1 .-.,
5ST.
US',
M
!'
IKS
1001,
102
lllll
IHIL,
HT'K.
nil.
li;ri'4
Close,
ll.'l
Hi'
i-
1(U
Kill's
H
IU.
11 !',
1)21,
le
l'2l.
Hill,
li
ll'l '1
1(10'..
IIUI),
Ml
II7J,
HO'v
1.I2
!i2'i
KBI
7.1
!isv,
7
1121
III
nun,
lp
10714
57 1,
HJ-I'-i
721,
VOL,
HV
1071..
:;o-,
. Ml
.1(17
. ill
1 vn Hv rs ns-,
I Wert Kiev 5s Ki2(:
,1-111 csi id m is ...... !'
,'iiMNI wctsi Miiuro -is
Kso Writ Union I'.jo. ..
iioou Wltcon Cent Ken 5s
MIH
join,
ui
i: 7"t.
.lOJi, Kli'T,'
10 4
h:i
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te
1.0",
l.-.i,
)
10214
8?'
tr-)!
07
KI1-,
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Wl'j
mi',
lirji,
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HI ',
1021k
51
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51
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lot',
t7'4
7S
Mi,
UI
11 1
tiui;
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107
S5'..
72'l,
115',
.-.ST,
IIS7,
til
ll'l.
M'i,
1110'j
lir.'
inn
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IJ7V
7S-4
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lnoi,
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sin;
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Ill
72U
1021,
KI2-1
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HI it;
IIS
(II)'.
451',
h!l'.,
ns;
1112'!
71U
112
ti-,'4
S7
llnllllliorn & Ohio
llalllmore , Ohio pf.
ll.ltopll,ii Mlnliiu . ..
Ili'llilehrm Mcel
Ihookljli H,i;i Tr . . .
Hrootilyii 1'nloN Hal.
Iliirns Kroi
Untie .1 .Superior
C'nl I'etroleuin
I'll Petroleum pf
Canadian Pacific
Cent heather Co . . .
Cent Leather Co pf .
Clic-apeaki. & Ohio. .
Chile Copper
Chlno Copper
ChleaKO (il We-lern..
Chi (It W'eslern pi ..
Chi Mill & St Paul..
fill .1 Northwest
( hi It 1 i'ae
Colorado l-'m-l A: Iron
Compullns; Tab lice.
Conllncntil Can . ...
t nmolld.iti'd (i.it
Corn Products Hef ..
Corn Prod lief pi....
Ciuelhle htiel
Crucible Steel pf
Cuban-Am Sugar ....
Del l.-cl; & West . . .
Den & Klo fir pf
Detroit Kcll-on
Distil Sec Corpn . ..
Dome Mines
Dill S S & Alt
IIlcc Morano Hat
i.'rle
Kile 1st pf
Fed Mm & Sm pf
(ien Chemical
(Jen Chemical pf
tiener.il I.lertric
(U-iicral Motors
Go'iilih'li II K Co ....
(inodrjch II V pf
(iranby Consol
Oreenc-Cananea
(it Northern pf
(it Nor efi for oro pr.
(iuiiRenhelm K-ploran.
Illinois Cent
Int Aurlrultural
Int Aurlcultural pf . . .
Int Ilarv N J
Int Con Cor vie sh.
Int ConMil Corp pf. . .
Int Paper Co
Int Paper Co pf
Insp Con Cop
Int Nickel v t cfs
Int M M cfs of dp ...
Int M M pf c of dp..
Kan City Southern....
Kan City Southern pf.
Lack Steel Co
Laclede fias Co
Lake Krle & West
LehlRlk Valley
I.oni; Island
Lorlllard P Co
III',
7TH
17:i!'j
87
7"'i
'iU
OOli
774
25 i
I7,i l.iO
87 Ml!
l.'illj Y.Vi lMl
.SIH HPf HIU
7U 7()'f
.ll'i :Wh
CVi (I'J
i7:i'f ins
fll
1104
C,V
J I
.-1 1 s
111'.
:i7'-
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SM
:nf
(VI
1711
il
11 Oh'
on
Xii
r,
nt
:i71'
11s
KU.'i
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SI','
llU'i
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11.
loll
hll"
IUI
Sl't"
77'
:to''
112
insi'
r,'2H r,'i
1I0-1 110'i
VJ'i (!'
r,V(
Illi'i
III)
XKW YOIIK, .Inn. 26.-Aftcr a Rcnerntly
stioni- openliiK, with tindlnR on a com
paratively Hiiiiill scale, the market for
outnlde set urlllea turned henvy on con
sldernlile renllzln-r, which wnR helped by
traders. The motor shares continued
ptomlnent. ('hiindler, nfter an Improve
ment of ncnily a point, eased off, while
Chevrolet ran off 3 points. White Motors
Impioved, as did Peerless.
Aetna llxplonlvc developed renewed
stroiiRth and nctl'lty, movlnir up nearly
10 points, while the rights advanced
about 3 points. llaltlmoro Tube pre
ferred roie over 2 points. Kathodlon
Hi ouzo moved at a rniiBe of about 2
points on Btnnll denlltms. There wart a
very Rood limulry for Leo Tire nt a
fractional Improvement.
Mldvnle Steel, after cnily ilrmness, ran
off. whereas Kubinailno Uonl wns nlmo't
entirely neglected, althmiRh steady. Oil
stoolis weie IricRiilar, but less active.
Houston OH was down ; Cosdcn Oil,
nrter n small ndvanec, reacted; Interna
tional Petroleum proved steady. MlnltiK
shnres displayed IrrcKularlty under tho
lend of Kcnnecott. which after early
stroiiRth developed heaviness. In bonds
Kile 4s weie nualn under pressuic.
111!' I
1)11
l.'ll'f 13t' l.'ll'i
17's 17 17
17 It llj
Wl'i (VI' J Wa
M'i M)l-j MI'j
1114 1I1M 1IDH Mil's
. lillj JI'X L'2'4' a;i
. !)fl !l!)'j 1)7
. 0,V (iS'i Cll'f
.no's io:)i iu.)!,
l.s:i IMi 17(5
. U-i.J L'JI Jl'l
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DO1.' Ill 111
Wi
. 27'4'
. (I
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. :is'
, fiti,
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.ill
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il
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ra
r,t
r,i
:iot
11.VS 115Ji
171H 17
ISO
70
111!
01
is'.'
112
ISJ-i
12-JM 121
17'' IV,'
2:l'i 2-"
101 10(5
21 21
0015 .'in'i
10'Jh 110H Ull't' 110U
ni'S i!)' lsu io
fill''
ISO
70
112
Ol'j
is!.'
121
Ifl'f
22
100
21
fit)!
ll'j
lSVi
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21fi
20! i
SOU
27J'
(52
, H)ii
10.5
l.'l
77'i
21
ISO
7-l'4'
11H
17)5
1CU
2124
21'i
S2-J
27Ji
02
SI
l(tt
12'j
7S
21
ISO
Lorlllard P Co pf 117'f 117
Loul, A Nash
Maekay Cos pf
Manhattan Kiev ctd
Maxell Motors
Max .Motors 1st pf..
Max Motors 2d pf..
Mexican Petroleum..
Mex Petroleum pf. ..
Mo Kan Tens...
Miami Copper
Missouri Pacific ....
Mo Pacific tr cfs ...
Nat Ill-cult Co
Nat Cloik .1 Suit ..
Nat Linm & S Co. .
Nat Knam A, S Co pf
7:1
HI'S
I7'i
MM
202
20
S0J5
27
02
77'i'
10.-1
12
70' i
21
ISO
11:
120' i 120' i 12(5
00J' 07
.i:io-" 1:11
. 07!' 71'i
. SS ,SS'4'
i r.i'i'
0;
71
10H
1715
15
20S
2(1'
W).t'
27j
02
7H
.103
12
70 '5
21
IMI
117
120
07
1:1014' lllO'f
07
NS'j
-.:i4
(is) i
SS4
y.Vi
lfiTM 107H 100'5 lOllf
O'J
0
3S
07
islf
, o'J .-iH
. r, .vf
.12015 122
. 7!f 7!)3f
d:i
Nat Lead Co 70JS
0
125
flSJi
0
1215
'.Mi
German Hank Statement
UKftUN, Jan. 20. Tho weekly state
ment of tho Imperial Ii.tnk or (lermany
shown: Gold reserve, S'M.930.000 mniks,
Increased l,7"o,000 marks; commercial
paper and treasury bills, 5, 1 lO.OOO.CCW. In
creased, SS.OOO.iiOO marks; circulation nnd
banking notes, 0,271,000.000 marks, de
creased, lrti.oro.OOO marks; piivate deposits,
2,in,tX)0.0uO marks, increased, 308,000,000
marks. Oohl coverlns circulation and
banking notes Increased to 30.1 per cent,
from 38.1 per cent.
Nat Lead Co pf 111!
Nev Con Copper l.j,'5
New York Air Urate.. M7!i 140
N V N II ill 71H 7.1
N V C i II It 10S
N Y Chi X. St L 12
N Y O & West 2S
Norfolk & Western. ...US
North American 7H;
Northern Pacific. . . .
Out silver Mln
l'aclflc Mall
Penu Itallroad
Peoples Gas Chi....
Philadelphia Co
Pitts Coal Co N J.... ,-it .'M!
Pitts Coal N J pf 100)5 109
Pitts C U & St L S2 81
Pitts C C & St L pf. . 01!5 00
Plttsburiih Steel pf. . . . lUOJa OOJi
Pres-ed S Car Co 1 . . . ftf'j SOtj
Pressed S Car Co nf..lfl-l lftl
Pullman Co
Quicksilver ,
(lulcksllvcr pf ....
Hy Steel Sp Co ..,
Hy Con Copper...
ItcailliiL'
ifepubllo Iron & S
I'eimbllc Iron & S pf.ios
Itock Island pf H
St i,ouls & SI' ,r)( .,15
St Louis- Southwest.... 1!) 10
Seaboard Air Lino.... 17 17H
Seaboard Air Lino pf . . :tS Hs
Sloss-Shef S .S. I AS oilJi
Sloss-Shef S & I pf... 101 OS)'
!)
fi't
lis
I'f
l"'
122
7!),t
20
111)5
0!)
Ill
lS'i
M55 110
70'S 705S
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im II 11
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i'i il il
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111
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;
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20
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111
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Am llrlllsh
Am Mniinnl
Atinntie (loir nr.i
Aliunde (lulf I H H
AJax Ilubher Inc w I
Cunnill.in Cur ft 1-Mv
Can Cor & IMv tifil
1 hi'vrolet .Motor ("nr
Ch.'imller Motors
t'lilinn Cnno Huir
litrtlFs Aero
I irlKKs-fpaliury
lliiskfli .t llirlter Car
Ilrniln Manuritcttntnit
Iniirnnlloiiil .Merelmnt Mnrlno,...
In iirr r ..
Ki'lh Snrltiu'Ilelil iv I.
KhiIkhIIoii llronzo ptef.
I.e Tire
Mm nil it tun Transit ....
Miixlin .Munition
MlilMile Hteel
(Ills Cli vnliir ,
Perl It ph Motor
I'nole 1:11V .V Mneh ....
St .IorppIi I.eail
H H I ri'SRe I
Suliinnrltii' 111 v t c etfi
Slnniltiri) Motors
TrlniiEle rilni v t elfs
1'nlleil Prollt Sh.irlnu ,
I' M l.lKllt . lie it ...
r S I.lKlit Iltnt nfil
White .Motors w I
WorM rilm
IIM. Asked.
Ill'i
r..-,'i
12'i I liilernnllon.il Nickel new..
. , I.-..II. u..it..,it.t.i .. 1 . .
;io
. 4
'. 2:1
. 71
. 70
, ll'l
.1111
. IVJV
. lilH
. 51
.131
. 41
. 2S
:?!u
. 2S
. 51
US',
irj
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ins
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in
:i7'.'.
Mil
Hi
15'
:is
1
50
1".
.stan ita nt) on, sunsiniAHins.
Ill
IV.
40
DO
71'i
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115
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111
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llllnolH
Ohio oil
I'ralrlo Oil
H O of Cnllfornln .
H f) of New Jersoy
S O ot .New York
l.T.i
..111
! liii'i
..507
217
Kn)Ulp.l Ha
OTHIMl OIL STOCKS.
Cos.len Oil 17'j'
Chalmers Oil 5
Houston Oil 20'.'
.MMucst IU'MnliiK 51
MINING STOCKP.
Atl.mta 21
liutle C .c '. v t ctfs M
Itutte . N V 21...
Corre ile Pasco .17
rir-u Ntitlonnl Copper 73i
linlclilolil Merger IS
Hn'ln MlnliiK :i'J
.llin llittler till
.lumlio IJxtenfton I'm
I-Liinecott Copper ."IU
Mi Klnley-Dnrrngh 40
Mines nf America It
Nlnls-lnK Mines Co 7'',
Man 'joy
Wl
ivi
20.)
2 !()
.'171
512
2111
l'i-
West liml Consollilateil.
West Knil llxtenElon
MaKma ,
15V,
17'-
H
21
.1
SI
.'
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111
i-;
.-Hi
4
wis
110NDS.
llaltlmoro ft Ohio
Kt Paul
Cerio do, Pas 1)9. .,
i:ilo -Is
ilo rts
.102?,
. 115',,
.1111
. bin;
. TH
1021s
mi',
1201 j
Ml'.
Financial Briefs
Gross carnlnRs of tlio AURtista-Alkcn
Ttallwny and Illcctilc Corporation for De
cember xvcio &S,93C, ns compared with
?G1.SGS last year, while net wns $31,731,
asalnst 11,203 11 yenr ago.
James S. Anstln, president of tho Tono
pali Jllnlnff Company, loft today for Xlca
niKun to inspect the property of the Ettcn
Mining Company, a subsidiary.
Tho United States Trust Company, of
New Yoilt, as trustee for tho Interna
tional Paper Company's Hist consolidated
G per cent. mortKaso bonds, dated Feb
niary 1, 1S3S, will recelvo settled offers up
to Fclirunry 1 for tho purchaso of sufll
clcnt of the bonds nt 103 and accrued In
terest to exhaust the annual sinking fund
payment of $130.000.
Tho balance sheet of tlio Itex Consoli
dated Mining Company, ns of December
31, 1913, shows cash on hand nnd on
deposit of $S30 and total assets and liabili
ties ?1,510,177.
ins 11 w ii:' ny'4'
hh
12'i
.)7f
1214
J7'i
107JS 107H 107). 107'S
1.1 -12'i -121' I2'j
' .'i.i) ;i:i)i
107)i 100
hi SI
Ns 00
Oli'i UO'i
57 ..7
101 101
lO.i'3 105)5 lOJSi 105'f
.)' IDS (1 11)4
JS
39lS
211'
70) j
SI
m
4Wi
21!'
70J'
C2)i
8
:w)j
21' i
78
fll
s
:io)j
2Di
7S
il
10SJ1 10SJJ 10S)i
fcouth Porto It Sub.... 150) j 150
'
5)5
10
17)5
:i7'i
5S
0S)5
150
U
5)5
IU
17tj
37'i
5S
0S5
150
.Southern Paclfl." 100'' 101 H 10(P' lOU'i
if1
RATES FOR MONEY
Call.
m
SVsft'
4
4
taper, tltree l six tuoBlw.
per tenl.
:t
44
14 V,
Km
NEW YORK COFFEE MARKET
NEW YORK. Jan. JG.-The coffee mar
ket was firm again this morning and
llrst pi Ices were 3 to 0 points hlsher on
a continued demand from outside
sourcos and scattered covering by shorts.
Trading was fairly active.
Today's YeMerilay's
January
rsc
TOruary .
.iay
July
auieniwr
October
"SHOT
iUIs. 40U0 dags.
opening
.7.11
. T..-I1I
J4'e7.
. 7.511
7.5(1
7.UI
cloau
T.2.'i(7.2:
T
raw
t.i
T.'l
7 27
7.:ui
7.5(
7.S2S7.01
DIVIDEND DECLARED
BANK CLEARINGS
elMrlote tiuUy compart
oa la.t two yars
V l Itfid li
natikwu -'i w7 I'.i tx.1,2117 10J
K 6T( I'J.'tiuB 47 U2B 5.10
1 uw . 5!ir4i54T m.mi.mu
mZ:t O..JMTTU S45.1B2K
uitb 00-
a.i7ii.i
S9.TTT.1
ata tan him
.aii un
Awparo Mliilna Vomvaay. raxuUr iuartrly
3 pr cant, and axtru,, 2 per v-nt.. uay4bla
Patu-uary 10 to slock of latoril January 'II.
.Mjauu sHwrn uuittuaiiy. raauutr uuarteriy -uar
cant., uaatila Much 1 to atock tl racord
f auriAary
Aatiw Bnplnalvaa. raaular quartarly 1 r
cot. oil pmarratj. payabla Januury ft to stock
of raced January So.
fcnjMMrivaiUa Hallroad, rauur quiirterly IVs
sa u sLucauiuaara
raaular auartaxlv
u . 7j . ... r.T-r." n trr.'"-'i
(Mkit FJjiaixfla! Nevr$ on Page 15
uir ctuu., uavatila Faoruary
0 raetvd FaUuary 1.
H00J tUibtasr Comiuuy,
1 par cant, ou luaterrad. puyabla Faoruary 1
io e.4.a u. .vur4 jatuutry m.
IllUwla Catjlral. usual satnlauiiual 2H oer
Ltat payabla March 1 to stock ut racord
Fabruiiry T.
Kortolk and Wcstsra Hallway, rular auar
tariy IM par cant, un common uayablu Marcu
11. to MUM ot racurd jbruaryTil.
Crude Oil Advanced i
INDEPEKDKNOt;, Kan., Jan. S.Tb
I'ratrle Oil tcuci Ga Company today ad
vanced tba prica oX crude oil five cantj a
toffisli
fcoulheri Hy.
i)ulhern Ky pf
bludcUikcr Co.
Tenn Copper...
Texas Co
Tews Pacific ..
Third Arenuo 00) '
union me tc Paper... 7
United Clsar Stowi. . . 0)i
Unlttd Dry fioods pf . 70
Union Padll; 13.il; 130)5 131
ir..i i....irt.. t ..... ..!.. . ...
Cliiuu .acuu; vi. , 0074 OJH fvilj
uinieu fruit co i in
U b Ind Alcohol 150
US C I Pi F 21
Ull lips Inv Co pf. ... 35
U S Itubber M
U S HubU-r 1st pf....l()s
U h bteel Corpn 15
Sl
... 02 02 014
...162)5 15-1 i 150U
... 57)5 5M5 57f
...20S 207'; 205
VA 7J 7)i
01 G0V5
7f 7
0)5 0)5
71 70) j
ANNUITIES'
For Wife, Daughter, Son, Mother,
Father, Sister, Brother; Any
Relative or Dependent, or For
Yourself in Your Old Age.
Provide a snfe and sure form of Inter
est for those who wish to sec-iire a dellnltc
life liii'ome free from tho caro and nnx
loty attendant upon tho usual methods
of Investing mone).
Annuities oro especially desirable for
persons of udvunteil jears who vdwh to
olitaln the InrRest possible coin from tlio
menus ut their disposal.
Not only does nil Annuity relieve Its
owner from ull cure and anxiety, hut the
methods hy which an Annuity Is secured
and the payments made uro ery simple,
no medlcul examination required.
I'or further particulars, send your
name, address, date of birth and amount
of Annuity desired annually, semi-annually
or iiuarterlk. Mo obligation la In
curred In making Iwiulry.
T. H. LEWIS
71S Ileal &tate Trust Dlde.,
Philadelphia, ra.
Phone Walnut 2010
-It
01',
15HS
57 )i
205)i
m
01
7
0)5
70)5
YAW,
83 1 i
130
153J5
21
315
OJ?
V S Steel Corpn pf. . .llb)$ US)( lis
Utah Copper 7U)(
Va-Caro Chcm IS
Va Icon Coal i C 57
Wabath 15)5
Wabash pf A 4G1(
Wabash pf U 20)
Western Union Tel ... 00
West K 4. M (iOJ
Weat LI & 11 1st pf. . . 70
Western Maryland. ..
Wheeling HH ...
Wheel & U E 2d pf .
Willis Overland ....
Wisconsin Cwitral.
I'll l.i.-)i
157 15.J
21 21
35)5 3-H5
55 53
I07J5 107)5 107H
SO MM b-Hi
llbjf
70
48
57
15
40
20i
feU
10K
70)(
26
2
ax
212U
30X
80
18)5
57
151J
17
30)i
OOX
OH
70)5
2S
2X
3X
210 :
37
79
IS
57"
15
10
29
8'JJi
t;oi
7G)j
28
Hi
m
112
mi
We offer, subject to sale, and
recommend
Lehigh Valley
Transit Co.
6 Bonds, due 1923
at current quotations, to yield
about
5.70
Detailed circular on application
EBWAR B'.3rVllTHJ&G
BANKERS
' EST4BXISIJE0 1803 4
lf mbcr s -Veui York and PMladelgMa
Stock xciaiiocs
DiioiD and Chestnut Sis., Piiilidi.
80 Pine Stbeet jjew Vobk
Totul sales, 781,000 shurrs, compared nilli
Sl'i.iUO shares etterduy; thus fur this itcek,
l,uat,10O hurts; same period last vtcrk
1,110,300 slntrcs.
Liverpool Cotton
LIVERPOOL, Jan. M.-Spot cotton was
In bettor demand today at a decline of 2
points on the baU of Slid, for mid
upUud. The salsa were 19,000 bales, in
cluiUutf SiOO bales American. The Im
ports were 1000 bale, of which 3600 bates
were American. The mar .et for future
clued steady at a net advance of t&4
points.
DIKECTOKY OF ACCOUNTANTS
Ctrl Hied I'ulllo Accountants
LAW11ENCE B. IlItOWN tc CO.
1615 ItEAL E8TATK TBUST BUILUINQ,
BUItNS & Sl'EAKMAN
Tbe Bourse.
DIVIDKMIS
OFFICE
M'lLIJAM V. UO.S'UltlUIIT -CO., INC,
AMEIIU'AN 111 LIT! S COWFANV
A quarterly dlvldsad (No. 10) il mt an
Prefsrr.d Stock of tt. Ametlcua Utllltls
will be DiilJ on February It).
ut siocKaoiuora qz rccoro.
Coiapauy.
ta stockb
Juuuaxy 31, 1910.
191H.
3 p. ui., on
A. I). MlLLEn, Secretary,
Flilladdpbia, Jaouiry 23.-1819,
Sales in Philadelphia
Yes. cloie. IIIh. t.ow. Close.
rti
12?li
i2'
IMI
( 122U 122U
Z) 20 211
11(1 Illl
ns ns
II 4 1
2t Am nan
2 Am tiwrn
." dr. Dfil
10 J o ilrlll pf,i ... .ti
20n.. cum steel- .,, . 71ij
.10 Com 1'rort m
a Con Trie N j. . 71
i-?, J'1?0 "tornne.... in'.
1 io I.rle . 38(4
T i:nt I'cnna
10 Int Mcr Mnr
.-'? 'ns 'o .V Am... 2.1U
tr i f. liP..rp. . n oi.l-io n'4
.17 Lohlirli Vni' ... Ts. tt. -??
nto LcMdi. .ni -o,, I,7 i!.,?
IIM I.r-h "Vnl'Tr I..' imij , i',
ilo rto iirof . . ;n niiti
20 North' Crntmi. .V) ' Si
.... !. in1 irmiir ... t
IMJ
ns
7.1
If"
irtit
is
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M
inH
TTf
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1114 lli'i
mr. :i'i.
xiX !"i'iR Itnllroail. ,VHi .-.
10 IVtinaH.ill MrK.lisi (kiw
?S !"."a lecl... . IVI ill
"o ! J V." .I W4 -n
,.t l,,,,'i' v..V,,nl Pi "II -II
o-i J.h! ".- KleMf. 2" 2SI
& !'.'. TJrrW... is.,, 1s
u 1''.'.""?- "OH
10 Po I'nclne
.0 Pn ltwy .
? Ton MlnlnR .... i1
rJ.l il anr 'mi .... no
1 JVnrw Ir & St.. MS
Hi 1! ' 9S .-i'l r.nii
Vn Vnrb 11m... ... n ... n
-., . .j. n Mv,y IIM, tl.l .4,,
IIONDH.
Lost prow.
S.IK
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lonU
21
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nov,
?3?
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:11
Sll SI
i 2
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ion loo
in oi
1211 11
11 41
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win
n.i
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'.;; it. '' r.is.l, xi
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Clnp.
1 1 r I lirjv,
vi ii'iKj nun
lul Kri 1ni
a
.'IOINI Int Vn.
..i'!'R!! Ilnnv Kief 'os'.Ih'i
J.'I'OII Ijikr Sun Inp .- -21
. .... I' .V.0""" f'S.tirjn n mr. i(i.K, in:u
f'ri'y. ," J,"! RC'l 4S..IIJ (1214 H2U li'Jlj
iJbtW'Vi.'W ,n'',T' 1"",T 'n",
li'irsi i, lW Tr r '"'Jl "-1 0.1 11.1
ilSS, Kt1 Cn.?0"..,"-!,-1""' 11"' H.H'fc 1IMH4
..'. ,.l,' !!'nii c?o cotis ns ns iil n2 iu
",' " Hp'"'i'iK Ron -is. inn, no mi mi
iw" 1I1 li.M) j
LAKE SUPERIOR CO.'S EARNINGS
SAID TO BE RAPIDLY EXPANDIK3
alk of a Possible Distribution on the Income Bonds!
Traders raiung rroms in unuea states
Steel Cambria Quiet
tnllt of thp stock bclnrj plncctl on a 7 RJ
rent, nor annum tinslq, Imt mi!- ..VV
rrr-ilnice hntl been Riven to tho rumoi i
well-informed circle:!. mor 'l
inv ns.
72W 72"i
Local Bid and Asked
Iliililnlii
tin iirof
ii'irr .v.- hiii t c
ilo plnr
lti ill .1 n
t'.llll Klccl
Klpc Hlonipe . . . .
(IrllPl.'ll Asphnlt
un iiii i
Toilny's Yptcrilitx's
HIil. Asoil, Mil. Asknt.
.10
.MS
'?
. .1.1
. :is
:.rVl
. :il
o
l" I'M I l
Kpistnnc Tclophono. . . II
nil I I
ilo prcf
raiko Suiierlor Corp ...
l.chlKh Nnlirntlon
U'hlKli VHllcy
LohlKh Vulloy Tr ....
lo pref
1'riinsylvnnln
I'hlli Kloe
I'lilU Co
ilo .1 per cent. prrf...
ilo ll per cent. pref...
I'hll.t ll T
ilo t e
Iloiullnir ....i
Tniiiipiih llplinotit
Tiiiiop.ih Mlnlnir
1 nloii Traction
I- ll I
r s steel
York llwy
oo pm ;
A'm Camp t c
II
lis
hi;
:!n
P
in
0"H
4:114
no
vi,
7H
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40
7 in
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it
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in;
nn
11
INK,
1M
711I'.
L'
1
II
nS'
S2
SPOT INTERESTS BOUGHT
AXD COTTON MOVED UP
Selling Scattered Small Supply From
Liverpool
N'RW YORK, .Inn. M.-Influtmccu- by
the Rtronmh In stocks ami nn ndvnncc In
Liverpool, tlio cotton market this morn
Inir oiiened riultc linn, with prices 2 to
G points hlKher. Spot interests were huy
cis nf Mny and October, with purchases
believed tr be for Gciman account of the
summer months, while traders usually
active for Husslnn Interests nlso took
some of the middle nnd into options. Tho
selllnp; was scattered, with a smnll sup
ply comhiB from Liverpool.
The demand was not (iKHrcsslvo cnotiRh
to MiRKost the presence of nny strotiK
bullish sentiment nnd prices snRBed off
fiom the best around midday. It was re
ported that ocean frelKht room for 10,000
bales hnd Just been booked for ArchnnKel,
Itussla, nt ?2.,10, nnd that tho same price
had been bid for nn mIdltlon.il block for
shipment from u Southern port, tocnlly,
ocean fiolRht men arc said to be offering
March room at 3 per 100, but it cannot
be learned that that prlco has been paid.
,. . Yes. tlnie Open. 7IIRh. I.ov. Close.
"arch is.i.i 12.20 12.24 12.0S I2.0!i
' 12. 'I'l 12.41 12.47 12.IW 12:1.1
'"!-, l-'..T- 12..-.7 12.r,ll 12 4.1 12.47
olier 12..1I 12..MI 2.il) lsr. 1241
'"ynihcr 12.117 12.7.1 12.711 12.M) 12.TO
Spot 12.20 J2.1U
Sugar Cubes Advanced
Tho prlco of cubo suror was advanced
10 cents today by the Franklin Sugar Re
llnlnK Company. Other quotations re
mained unchanged.
Tho concrete Illustration af tho pros
perity of the steel trade by tho United
States Steel Corporation's report encour
nitod the public to look around for other
Industrial Issues today. The recent
BtrcnHth displayed by Lake Superior
shares attracted attention tojthnt stock,
nnd It mica stroiiB. Although some of
Its subsidiaries nro still In receivers'
hands, It Is nsscrtcd in well-informed
iiunrtcra that the hie IncrenBO In orders
placed with the company by the Canadian
and I3iltl9h Governments have so iireatly
o.xpnndcil earnings thnt the company Is
now showing something like S per cent,
earned on the stock. With American steel
manufacturers unnblc to hnntllo the or
ders they nro receiving, nnd with almost
any prices being paid for eaily deliveries,
It Is only natural that prospective pur
chasers should turn to tho Canadian
mills.
The prediction wns mado today that It
would not bo long befoto the Lake Su
perior Corporation would be In a popltlon
to resume payments on Its Income bonds.
There nro $3,000,000 of these, and thrv aio
iion-ciimtllntlvo nn to Intctest, which Is
limited to r, tier cent. An lultlnl pn.xmcnt
of 5 per cent, was made In 1W1, hut no
further disbursements occimctl until 1!10,
when 2V4 per cent, wns distributed. The
full 5 per cent, wns restored In 1012 nnd
191.1, but nothing hns been paid since. The
bonds arc subject to call nt 10.1 nn four
weeks' notice. They changed hands today
nt 27.
The Initial rise In T'nllcil States Steel
met heavy profit-taking sales, nnd the
price rencted, as In Wall stieet. On the
other hand, Cambria tuletl itcntly. but net
particularly active, the Sttcet being In
clined to await the outcome ot lomot tow's
meeting, when inimy it re Inclined to think
thnt something olllclnl may be given out
tegnrdlng tho much-discussed merger.
The lemninder of the local list was more
or less neglected during tho morning, but
In the nfternoon the tone beenme icni
tlonary when picssure developed against
the leading tuliltrage Issues, such ns Le
high Valley and Heml'ii" '" ' '
point nnd finctlonal declines nppeatcd
olscwheic, Including Rapid iiiiu.-i.u ,,.. .
I'hlliideli.lila Hlcctrlc. I'riiniijivnni:! weak
ened after the regular iUiuteily dividend
was announced.
All doubts as lo a possible advance In
tlm Pennsylvania dividend into weie set
at lest this nftemoen when the company
announced the rtvul.ir final It il i.imcnt
of l'i per cent.. There had been some
Keystone Telephone Company, rre.ln..?i
t.. IL. ......1 . .
ii im.- uniiiiui piimpnict report of th
Idfn
phone stntlohs aio steadily Increasing .SB
that the number of meLL: .TAan
lnriier irnlti than In nnv niim . "
earnings were $1,301,751 net i-i.r?,,i
terest charges, $.121,157, surplus "for ih."
rear. SIM .013; dlspnnnl om ....?. 'IT. .th.
added to icnew.il leserve, J1BSS5I n,ii 1
to surplus. $7113.-.; preferred divider,,
tier eent.l. llfi.211. Tntnl .i..i Icna .(
Hires were $2?,0?i. "Penal.
BAU SILVER
dpcllnnl .,.1rt to 27 1-11. l cr ,n London
orn tiiir aurr was off ft at
n New
cents.
Suggestions
How to Invest
for both large and small
investors will be given,
those who write for our
Circular No. L-143.
A. B. Leach & Co.
Investmenl Securities
US South Fouith Street
riilliulcliililn
New York nib ,,so
lloston l.oiuton, i:ncr
nuiria
iiaiumori
tf'syyusswit-in ns-fSHBtaiys.'mt ssm4mum
Aetna Explosive Rights
United Fruit Rights
L. T. LAYTON & COMPANY
Members I'lil luclcl pliln ilmh l;(innr.
Ileal IMiile Trn-t lll.lg., 1'lilln.
Brown Brothers & Co.
loi'irai ANU Chestnut &T11EETS
PHILADELPHIA
Commercial Letters of Credit
Issued in Dollars for use in United States, Canada, .
Central and South America. M
LOGAN TS3UST COMPANY -I
OF PHILADELPHIA W
SURPLUS AND
CAPITAL $900,000 UNDIVIDED PROFITS
$375,003 S
Wo invito the consideration of this v?
Company for the conduct of Trust Com
pany business' in its several branches.
ROWLAND COMLY
Prcatoeiif.
WILLIAM BRADWAY
Trcusurer.
FIRE ASSOCIA
ION
87
OF PHILADELPHIA, PA.
Oflices:
Fourth and Walnut Streets
PHILADELPHIA
NinetyNine Years
PROTECTION FROM LOSS BY FIRE
NINETY-NINTH ANNUAL STATEMENT
December 31, 1915
ASSETS .
Bonds and Stocks $5,117,992.25
Mortgages and Ground Rents first liens 2,017,841.(56
Call Loans 85,826.00
Real Estate : 718,550.00
, Accrued Interest and Rent, etc , 144,620.95
Cash in Bank, Office and Agents' Hands 1,355,115.96
Total .$9,439,946.82
I LIABILITIES
Capital ., , '750,000,00
Re-insurance Reserve f , .- , . , . 5,687,467,81
Reserve for Losses , 439,245,64
Reserve for All Other Contingencies, , , 63,388.43
$6,940,101.88
Net Surplus, Over Capital and All Other Liabilities . . , , $2,499,844.94
DIRECTORS
w
V?t
ELIIIU G. IRVIN
THEO, H. CONDERMAN
JAMES BUTTERWORTH
JOHN McKINNEY
T. H. CONDER5IAN, Vice Pres.
JOHN B. MORTON, 2d Vice Pres.
ROBERT WHITAKER
CHARLES B. ADAMSON
HCRACE T. POTTS
RICHARD CAMPION
JOHN GRIBBEL
ELIHU C. IRVIN, President
DINNER BEEBER,
GEORGE W. NEVIL
WILLIAM A. LAW
EDWARD J. MOORE
M. G. GARRIGUES, Sec'y and Treas.
RICHARD N. KELLY, Jr., Ass't Sec'y-
III