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16
EVENING LEDGER-PHILADELPHIA', WEDNESDAY, EBTtTJABY 9, 1916.
FINANCIAL NEWS
COPPER SHARES BECAME PROMINENT
IN AFTERNOON, WITH HEAVY BUYING
Record Profits Talked of for Anaconda Predictions
That Extra Dividend on Butte and Superior Would Be
More Than $10 Caused Advance in That Stock
jw
Copper stocks wcro forced Into prominence In the lute nftornoon liy the
nppeitrance of somo larRO buying orders, one Iioiiho tnkitifr ROOD Aimcoitiln and
helping put tbo price of tlmt atorlc up to OS, while ttlntllnt' IniyliiK inndd immy
other of theso Issues nctlvo nnd nttrncted Incrcnsed nttentlun to llio lionvlly
swollen profits.
It was said by one of the heaviest buyer tlmt Aimrontla'a piullts for the
current ntlnrlcr will bo the larRcst In Its history nnd with these heavy piiniIiirs
there will be cqimlly large dividend dlsburHcmcnls.
An advance of moro than G points In Ituttc and .Superior was iirrmnpnntpil
by predictions that the extra dividend on that stock at the next directors' meet
ing will be tnoro than $10 per share. These alatenients caused a good deal
of conjecture as to how long the copper stocks and stocks of other metal
producing companies can remain at their present range, with larger dividend
payments promised nnd earnings continually Increasing.
The. activity nnd strength In this group had tin Influence In trading In the
general list nnd encouraged somo speculative, buying, particularly from the
West, which was the first Indication for some time of any outnlde lulercst In
stock market affairs,
Tho railroad stocks acted better in the Into afternoon with I'lilon Pacific
Jn demnnd In anticipation of dividend action to bo taken tomorrow. War order
stocks wcro active, fluctuating over a wide railgo and showing little net change
as a result of tho day's trndlng.
Tho market tone was far better all around than If had been at any time
Blnco tho beginning of tho year and there was a confidential feeling In some
quarters that tho movement in copper shares will be an Influence in generally
broadening speculative Interest and prove an Incentive for pool accumulation
nnd outside activities In tho gcnernl list.
' $30,000,000 Chicago Union Station RihhIh Sold
Tho Chicago Union Station Company has sold to Kuhn, l,oeb & Co., I,ee,
HlgglnBon & Co., tho Illinois Trust nnd Savings Hank, the National City Hank
, of New York nnd tho First National Hank of New York $.1(1.000.000 first
mortgago 4 per cent, bonds, principal nnd Interest guaranteed by indorse
ijTiont by the Chicago, Burlington nnd Qulncy llnltrnnd Company, the Chl
'cngo, Milwaukee nnd St. Paul Hallway Company, the Pittsburgh. Clncln
natl, Chicago and St. Louis Hnllway Company and the Pennsylvania Company.
New York Stock Sales
Iint close.
Adams Kjpress MS
OJfl
2.-14
XI' i
&
7(1! i
7P(
103'J
(1271
MIDVALE ADVANCED
ON NEW YORK CURB
General List Inclined to Be Er
ratic Bulge in Balti
more Tube
NEW YOrtK, Fob. 9 Further Irregu
larity characterized tho dealings In the
market for outside securities today while,
at times, considerable activity developed
In some quarters, trading" In other parts
of the list fell off. Midvale Steel was
again one of tho principal features and
t after advancing nearly 5 points, broke .1
but subsequently rallied to within a point
of tbo highest. The fluctuations were
erratic nt times, the rishts fell sharply
over C points after tho announcement re
garding the new Issue of bonds and
stoekB. Submarine I3oat after advancing
over a point onBed off.
Baltimore Tube made a sharp rise of
nearly S points. More Interest was shown
In oil stocks especially Ohio Oil which
rose about 3 points while a heavy demand
was shown for Cosden which touched a
new high mark at 22. Supulpa rose 2'i
points, also a new high record. Motor
stocks wero Irregular but decidedly less
active. Cuba Cane Sugar after a small
advance reacted. Copper stocks were
comparatively quiet with Interest cen
tered In Kcnnecott, while Cerro de Pasco
on tho announcement of tho Initial divi
dend declined. i Donds were moderately
active with small price changes.
lN'DUSTHIALS.
inn. ASKru.
S5
. 1."
10.-
AmerlcanHritlsli MnnufacturtnR
Atlantic Cluir Si W 1 S S
do pM
American Marconi
AJnx Rubber Inc w I
llultlmorc Tuba
t?annltan Pur & Foundry
Canadian Car it Fmindry pfd tm
cnevrotet jintor car . .
Chambers Motors ....
Curtlsa AeropUno
Cuban Com HtiRivr ....
DrlgEo-Peahury
Prljncs-Kcabury rta . . . .
HaiUetl nnd Barker Car
Hendee Manurnetiirlnir .
International Mercaiiillo Marine
i'la
lUlj
17
International Mercantile Marino pro 7
a:
an
in
4
7
II.-.
"II
1l.i
Kit
it4
at
ItVt
International Nickel new 51
jieny Htirinmioui im
Kathotllon Bronze pfd
Leo Tire
Manhattan TratiHlt
Maxim Munition
Mldvnl.i Steol
Oils Klevator
Otto Klienlohr w I
Otto Klsenlohr pM
Peerlcm Motor
Poole ICnslne and Machine . .
fit. Joseph Lend
3 S KrcsKo w I
Standard Motors
Hubmarlne lit v t c ctfa ...
Triangle Film v t ctfa ....
United Profit SharlnR
United States Light & Heat
do pfd
White Motors w I
"World Kllm
STANDARD Oil. SUHSIDIAIUKS.
i Anglo-American Oil 12
Illinois V U 1KI
Ohio Oil '.Els
Standard Oil of California MBS
manaanl un or .mw jersey run
( Bjandard pll of New York 210
OTHER Oil. STOCKS.
i Cosden 21i
unaimers jii
Houston OH
Midwest Itennlnc
... lyji
!!: M
... jtj
.;; itiVi
... 2lj
...u
... in
... 15
... M.
... .TT',5
::: $
::: 3
::: r
.VI
as
isr.
liVni
120
i.vt
Bt'4
14
Bapulpa
MINING STOCKS.
Atlanta
Ilraden t
IlUtte C & Z V t ctfs ...
uutta is .Now TrK
First National Copper
Ooldfleld Merger ,
llecla Mlnlim-
Howe Sound
Jim llutler
Jumbo intension
Kennecott Copper
McKlnley-DjrraKh
Mines of America
Nlpliatng Mines Company ..
San Toy ,
West Knil Consolidated
West End Extension
nONDS.
Erie Ilts
llaltlmore and Ohio 5s
Cerro do Pasco
S,t. I"aul 4a
Ill
Wl
1.1
20
mil',
17"
!!
: ft
i a
, 7
im;
. 71
l
i.i
1M1
21ft
1172
SM
21 1
2.,;
1H
.Vi
IVA
21
iVj
a
.'Hi
$
if
.102W 102H
.1211 121
. O.'Vi tMl
LIVE STOCK QUOTATIONS
CHICAOO, Feb. 0. IIOOS. Htielpts, 50,000
head, market 10c. liluhcr. Mixed and butchers,
7.H3Si-'iO:- Rood heavy, .0.'jm.:iUi rough
fieavy. 7,75tlH. Ilnht, .7Uj8.2u; plus. Ju.u.1
UTM. bulk, t4.U3ft8.20
CATTLB. Receipts, 16.000 head: market 10c.
lower lleeves, I5.151iU.(I"S: rows and heifers,
$.vr,S.tU; Teians, 4U.U6S.IU; caltes, JU.13W
10.78.
8IIEEI'. Receipts. IS, OOO head: market
strong, Natives and Western. I.5HS.;I3;
lambs, $8.25CfU.SO.
New York, Chicago and St. I-ouls Railroad. ."
per cent, on the tlrst preferred, payable March
1 to stock of record February 18.
RAILROAD EARNINGS
ILLINOIS OBNTRAU
llilH. Increase.
January gross $3,ta7,071 H17.73U
YAZOO AND MISSISSIPPI VAU.BV.
1H16. Increase.
January Krosa ..-. t,07B,S!H so,5M
TEXAS ANl PACIFIC.
December gross ....... . L.WJgU ttsgg
Wxt m.0.n,. t;"::::a!hS tJi:S3I
Harmony Mills Capital Increase
BOSTON, Feb. U. StoekhoIdarH of the
Harmony Mills have approved an Inereas
in the preferred ptocU from 1.500,000 to
12.260.000. A dividend of $15.75 per
tdiare, covertnK all accrued dividend up
to February 1 haa been declared on the
preferred utock. payable February 15 to
holders of record February 12.
Railroad Increases Dividend
NEW YortK, Feb. 9. The New York,
Chiccbo and St. Lois Railroad Company
has declared a dividend of 5 Dr cent.
mi Its first preXerred stock, payable
Match i to holders of record February
?i The Ust pj-ev.ous dibursnijit on
thv isaum fv& itr vent , on March t,
1W-
! New York Bond Sales
1000
(KHI
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Adams nxiirowji -la ... sr
Aincr Art .". In2'
Amor Cut Oil r.a ... 117
AnKln !' I. ."0 Kl'n
Amcr Kmclt Sec ('K4..112
Amir Tel rit la II2S
Amir Tel cvt ii. . ,lfitsS
Armour Co 4Via Hl'l't
Atchliinii f;cn -la .... ICi
Alcliltum mlj la .... H7'
Alihliim cv la Una). .1(1 11,
AMiIpoii r.H lull'.
A tl in Co l-liii' lat Is !'.V';
Atl.lt! Co l.lnc clt H. S7
n.iit & Ohio ai(,H.... !i:i'.
Halt .V Ohlii Is 111'',
Halt Af Oh cv Via... lis
If & O I.KAiWV Is.. Ml'i
llronkii It T ." HUH,. lol it,
Hush Term 111,1b .1h.. !i
(Vnt I.rathcr iRt r,H..tll2
Chill Copper 7s...... 112
Cites ft f tlilss cv Mis.. 7'l,
t'nes onto 4's. . .
Chi & Alton .'I'-jH...
Chi (It West Is
Cht II : "J Joint H.. H'.l
Chl Mil .t SI ! V ."w.lnll
Chi Jill Ac St P cv II..K-. llll's
I'hv Sh I.lnu His Hll"
(nl ,; South I '4s '''a
Cuban Am S (l 1H2'.j
llll - Ihul H llllll.. .11.111..
Detroit lMls.m 1st .h.1iiii-j
Iirtinlt Tunticl A"ia., !.!';
tJctrnit united I'-is.
Din Si'eur Corp Te. ..
Krlo eonv 4s Her A.
Irlu conv -la tier II.
Kl.T. .c ICast Co l's
ll't,
72',(,
7:iK,
71 If.
sill:.
ii:i'4
Uranby Cona Sta C1..I0.S
ni lnn.i 'Steel ..a. . .
Iowa Central In...
Ill Central rrd la..
Ins Con i'V tt.1
Inter h Met l'SH.
lirj'l
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lCll4
llltcrb It T ief .'a !.
Inter Mcr .Mar et Hia lillS
.lap ne ti a ivja ivs
.InpancKn I'As Ml,
I-ieka Steel r.a lltlSl. . lls'S
l.aeka Steel "a lll.'ll. . lit
l.ako Kll deb Ih 1II.II.. II.',
LIB & M T 7s I2l!'l
J.orlllanl ."a l(il.
aiox I'ct v.0 (is per c .ii-
iilnn .Si HI I. 41
.Mo Kan ,fc T iBt Is.
.Mo Kan Ai T 2d Ik.
do fd Is
Mont Power ."is
Nat Tulio r,s
.N V C As II .IJiiK....
V C Ai lliiil IVia.
N V Cent i;a
N V N II & II ila..
.V V Itwy rot la...
N' V Itwy ail ."la. ,. .
Norf Ar West la. . . .
North Pac prior Is
do ecu Its
Pcnnn 13 III IS
do Ren et 1 '(.a ....
do en I'as
Public Serv N J .".a.
Heading gen Is . ...
itep i ,v ia !i:(
Iloek Island rf.l 4s.... 'M
do r,a 1714
St I. I SI Ai s Ben .'.a. . IW
Seaboard A I. mlj .Is. . i:il
il rM Is 71
Soulh I'ac cv Is Mi
do cv ret t n .la 1C;
do rfil 4a 1 014
South Itwy Ken 4 .... 72!i
Tenn C A; Ir ev pf Sa. .120
Texas Co llj lll.1ti
Third Ave new Is s:t
'I'lllrd Ave adj ,1s SI
Tukln ,1s 711
It S Rubber i'm Iltlij
IT H Steel rf HIT.
Union I'ac I lk- 1st la., !7H
Union I'ac cv 4a wit
Vii Rwys r.a IiTm
Wab-P T 1st ct Is l'i
West Shoro res 4s .... U2Vi
West Unliin litjH l)i'4
no
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11.1 111
11.1 11.1
7ISK, 77
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lOLj lei'i,
l'.j til
in,'; i h'h
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Krjn 1(11!
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mi'', on',
ll.Hi, H.H.J
n:i mi
nil'. ciiTs
17'. 17...
(I71.J i!7's
111 l'i, Ol i
sii wi
lur.'i lid's
Mil, IMI',
721 72U
1211 120
IIIW 11 .1'',
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I.U', 1)11',
EXPECT STEEL ORDERS
WILL RE MUCH LARliER
Increases of Hetween 200,000 and 250,
000 Tons in Tomorrow's Statement
NEW YORK, IVh. 0. Revisions down
wru'il am bchiK inado In tho eatlmutoa tin
to what Inercuac will ho reported liy tho
United Stutca Stcol Corporation In ItH
monthly Htutement of nrdcra to bo Issued
nt noon tomorrow. It Is considered fair
ly certain tlmt tho lnctetiso In hoolilns
will bo between 200,000 and 0.000 tons.
It might bo stated that tho corporation
could hnvo shown it gain of nearly threo
times as much had It not been for tho
fuct that It turned down a considerable,
nmount of business that was offered.
These refusals. It la learned, wero larger
In January than in uny other month.
Thus fur this month tbo company has
been taking 0 good volumo of ordeiH,
and tho indications at this time are that
February will go down In the records as
a fairly bis month In tho steel company's
bookings.
An Increase of orders of 200,000 tons
would bring tho total on the books of the
company to slightly In excess of 8,000,000
tons. Thla would be hut approximately
400,000 tons under the largest ever reached
In tho history of tho corporation 3.2W.C0O
tons on December 31, 1'JOB. Should Feb
ruary make a better showing than Jan
uary, as is at present Indicated, It would
take but two months more of Increase; to
reach record figures.
Estimates of tho earnings for January
continue to rango around $t!,000,000, nnd
tho total net for the tlrst quarter of ...is
year Is expected to reach 130,000,000.
J. G. Brill Company's Year
The annual report of the J. O. Drill
Company during the calendar year 1913
shows a surplus equal to 2.5 per cent,
earned on tho preferred stock, compared
with XI per cent, earned In 1SH. The com.
paratlve figures follow:
Yaur enduis:
Dec. Ul 13 1011
fUIwa u n d
ctner inc.. ii.iuh.iiii
Win
11 MM
1.W.:t70
l.l6l,UBrt
3.1.511
1.4:11.181
m.seo
1.217.H1
0,r. nju...
1'roflt
Uep. res. . .
Surplus . .
Prcv. sun'
Tula! surp.
I. cast adust.
Uauuue . . .
Dividends .
Surplus ....
Net surulus
t,rl,310
4, 300, lot
lielSSl
1.333,413
m.em
l.U-ll.ttltt
2Ka,auu
1.38S.370
i.wsi.mu
1013
SO. 15 1,411
K.ll KI.O.-JI
1.0i,:i77
1.1.1.211
too, 14:1
1. SKI, SIM
2.142.781
2M.(iM
l,(I,lll7
:i2o,t'k)0
1..T3.-..41C
I. .133.110
Record Price for Quicksilver
Tim heavy demand for (luleksltver has
caud tte ptbeg to sulvunce to new high
leveU at H0 per lluk of 75 pounds. The
price before the war was about JW per
1 H,Bl
AiMx.i J (loid Mines.. Wi
AlasV.l (loid Minos.... 21
Alllt-fhalmPM MfR. ... X
Allh-Clislmon Mfs pf. S2'f
Am ,B ('hernial r9)
Am licet Siicar 70
Am llrnko S & V m
Am (',111 (i2
Am Cm pf 11(1V Jit
Am (Mr & Foundry... 00;
Am Coal Products.... 107
Am Kxprrsi 12S
Am Hide A I.Mtncf. . . Wi
Mil tllile A I. Pf r,2
Am ice f-fouritloi 2H
Am t.lnieeil 2.1H
aim i.itieo(i pr iii'f
tllKh. Uw,
110 111)
Am Lccoiiioiivo.
r,7'i
mi
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1215
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Am Malt pf
Am Smelt A ttof. . .
Am Smpit A Iter pf .
Am Smelt pf A .
Am sti-cl Foundries. .
Am Kucir lief
Am Tel A tMhlo
Am Tel A Tel
Am Tobacco
xv.i iWs !i:i'i :w
.10i 101 101 H IWl
.lli!i 11:115 n:i'j I1HM
. !)2'f Oil Kt 111
. f,0 fi(lf Mil oil!
11:1s Haw ivm urns
. 0.- o:i n ivt
.127S 127)5 127 I27S
.201
Am Toll pf new ms
Am Woolen tr rets. ,
Am Woolen pf t r.
Am Zinc I. a sin..
Anaconda Cop M. .
AssixMnteil (III
Atrh Tim & S F. .,
A T A S V nf. .. .
Ilald l.ooo Works.
r.o
. 117
. Wl
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. llll
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lOS'i 1()S!4 10.s;j
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1014 Kll'a MH
CO
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Maid Loco Works if..ll)H'i !()"
KHH
701-j
171
SOU
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121
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17:1s
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171
2S
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wtii inns ions
02Ji
22s
HTs
1:1
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1 :12s
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is
112 (12
2:1 h 2.1s
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1:1 1:1
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ilil'i llO'f
12JIS 121)
12'IS 120S 12IIS
IDS 1!) Ul'l
72 72 72
MS IHS ix't
17 17 17
1.17S Kl" i:i" 13'
Ml Ml) i SO
.
23
Oil
22)5
on
S2
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.200 200 1II7S
.ions 107.S 107' i
. 7N S3S K3S
.10.jS )0.'iS 10.))4 l().-i)4
is) I -in)3 is3 .is?i
21)
llalllinorn A Ohio SS
lliiltlmoio A Ohio pf . . 70
Hank of Commerce.... 171
li.itolillas Miiilticr 2S
llrcioklyti I tap Tr SOS
Ilinns llros s.jj
llitsh Terminal II!)
Iltillp A Superior 7!)
Cat Petroleum 32
Canadian I'nelllo 170S
Central Leather MS
Central Leather pi...
Chesapeake A OI1I0. ..
Chile Copper
Chilli) Copper
Clilcaen 01 West
Chi (It West pf
Chi Mil . St P
Chl Mil A St P pf .
(Ill A N'uillnvesletii.
Chl It I A Pac
Cluelt Pea A Co
Col Fuel A Iron
Cntiipllt T Iter Co. . .
Consolidated (las
Continental Can
Corn Pio'ltii'ts Iter...
Corn Piuiltieti Kef pf. DO'S
(Jrticihlc Steel S3I;
Crurlhli- Steel pf...
Cuh.iu-Aiii Stiu'.tr .
Cuban-Am Sucar pf
Detroit I'lilleil Hys.
Diamond Match .. .
Distill See Curpn...
Dome, Mines 21)
Dili S S A All r
Dili S S A All pf JO
Krlo 38
Frio 1st pf 53H
Fed Mill A Sin 3Ui
Fed Mill A Sm pf HH
Oen Chemical pf 1 lfl
(leu Kleelrlc 171
General Motors pf. ...
Goodrich 1) F
Grcene-Caiianea
Granny Consul !)3'f
(ireat Northern pr. . . .1215
Gt Nor crs for on) pr. -17
GtiKKcn K.ipln 23
Illinois Cent 103S
Int Agricultural pf C2S
Int Ilarv Corpn 73
Inl llarv N J UO'i
lut Con Cor v t c sh. 17S
Inp Con Cop ,")j
Int M M el's of dp.... 17
Int M M pre or dp.
Kan City Southern. ..
Kayser J A Co
Kings Co II I, A 1'
Lack Steel Co
Lai'ledo Gas
Lehigh Valley
Mackay (Jos
Mackay Cos pf
Maxwell Molors
Max Motors 1st p(. ..
Minn A St LouK
Minn A St I. pi
Minn St P A S S M..12.'l?s 12.'P
Mexican Petroleum l()Si lOD'i
Mo Kan A Texas (IS OS
Miami Copper 3IDi 37
Mo Pacific tr cfs :,i Wi'
Nat Hl.ctiit Co 122)5 12.1)5
Nat Cloak A S pf U2 1124
Nat Knam A S Co 211 27? 1
Nat Lead 70JS 71
Nat Lead pf 113 112S
Nov Con Copper lfiVJ 10
New York Dock MS HIS
N V Air Hrakn 110 Ml'i
N V N II A II 07S OS
.v y c a 11 it io.')S ions 100
N Y Chi A St I, U
N Y C A St L 1st pf. Kt
IMS )l(Vj
llftj, H'SJi
SS
7lb
171
2S
sn'
RV5
llOS )2I
70S -SIS
3IH .'1!
17IIS
fil'f
173S
ions
02
23 S
MS
13
3.Vf
no's
12ns
so
22s
no
S2
IMS
m7H
107S
S3i
10s
3SS
("3)5
32
,r.0)5
115
172S
2S)f
r
10
3SS
.r.3S
32
.rio!5
11")
172'
111)4 113S 112'5
MX
17
asn
n
I0S
3S'i
,r,3'4
32
fitlS
llfi
172's
113
73S
is1;
07
122' i
-I7S
U'J'i
1 73'
I!) 17S
117 Ul
122'f 12LS
I7S -ins
23
101
02S 02J8
73S 70
111 Ul
17S 17S
IDS -I.V-j
17 ins,
7S 7I1S
2(1' 1 20' i
Kl)i SIS
131 131
SO 77
..ltlfiS 107H ldOS 107S
.. 711)5 77 77 77
S3
I17S
71','
SSS
fi)s
10
s
... 27S
... S2S
...13IDS
103S 103' 5
112.' S
70
111
l7Ji
Ifi'i
17
77S
2IIS
SI'i
131
70S'
H2!f
07
71
SHii
l.'.S
S2) '
07!. TO'i
SS
SJs
Ifi-t
123
107S HISS
S3
07S
71
SSS
Hi
123S
N Y O A Wi-,t.
Norfolk A Western.
No- Pacific
Out Sliver Mill
Pacini! Mail
PrniisylvanU It II..
Peoples Gas Chl....
PhilailelphU Co....
PUN Coal Co N J.
Pitts Coal Co N J
Pressed S Car
27
117
U3S
... Vi
... lfitii
... filis
...101
. .. .12
... 33S
pf.lOSS
4
US
KS
27
117
lit
SS
lfiS
fill) J
101
I2S
333,
10SS
fillli
IIS
i'OJi
."S
121),
112' j
2IUi
7(l)i
112
lfiS
10
Ml!.'
1171-i
1
ft''
17
fi'5
12.".'i
U2S
27f
70S
112
10
10S
MIS
07 S
icon;
11.S
bS
II!
SS
2li 2
117 II
U3S IM
K4
l.'.S
fills
H!t)S
12)5
32)5
IDS
Pressisl S Car pf 101S 100
Pullman Co 1(1.) 1013
Quicksilver ,r. fi
(jtiicksllver pf 7)5
Ity sttvl Sps 10
liy Con Copper 2 Hi
Heading 77S
Heading 2d pf -I2S
Hepilbllc 1 AS o3i
liepublic I A S pf 110
Hock Island )5
Hock Island pf H
St I. Southwest Pf -11
Seaboard Air Line 17
Seaboard A I. pf 38S
S'ars Hod A Co 17!)
hhattuck Arizona Cop. . .
Moas-Midlf S A 1 00
.-oilth Porto It Sug....lfi"
0)5
I0S
2,-S
7S)f
12S
fil)(
110S
H
S
41
17
3SS
M.
l.'.S
.ins
101.S
12)5
33S
IDS
VJ)5
101)
llll'i
IS
W
HI
::.)",
7SS
-12',
1
100
1(H
IS
Mi
II)
21S
77S
12)'j
fi3).
U0)$ 11U),'
y s
s s
11 II
17 17
3S ;is
170H 17ILS 170S
Mi 33)4 3 IS
00)5 CO (iUJ-i
l.r).r) lAi l.j
GERMAN MONEY
KINGS LONG FOR
COMING OF PEACE
Nation as a Whole Also
Seeks End of War,
Hirst Asserts
BRITISH SHIPPING CUT
y FttANCIS W. HIRST
IMItor Tho lCconmnlst, London
Sjirclnl CrtMc lo the livenlnti Lrdctr
LONDON, Feb. 0. Walter ttimclliifin'ii
slilpplmr mrnsiii-ea will, seemingly, ho too
Bttinll lo t'oiintrivnll tho contlnuod rcnul
flltlonliif: of merchant transport. Herbert
('. Hoover Is hard proofed to find until
rlent tonnaw for Helulnn relief. He docs
not despair, however, of succor for Po
land bv wnv or Hcnndinavln. Many ahlpn,
ronrlnir reiiulidtlon, have round refuge In
the I'aclllc.
The redtietlon of paper Imports may
aid Hie eensiitshll', but beer materials will
not be rtirtnllpd. Heer, oven moro than
tho linliciiH torpils. Is part of the Brit
ish ronslltutioit, especially In war time.
A recent visitor to I-'ntneo nnd (ler
many says tltcre Is moro mnnrnltn? worn
In France, hut rt morn mournful, despnlr
ItiK look upon (lermiin faces. Germany,
as a whole, plainly Ioiikh for peace, and
lendliiK lliianelerH arc tryltif! Ihelr hand,
naturally wisliiiiK to avert competition
with public creditors. Ponce feelers llidl
cato peace fcclliur.
- Tho stock tnarliPt Is without Interest.
After tho u'ur (Icrmmiy will need to
Import eotlnn. wool, copper, Jute, etc.,
In Iiiibu (iiiantlllcs. uml will hnvo hardly
anv IarKO sinpliis siocits lot- export,
ecpt of zinc. This situation makes mo
wonder how the market will stand the
outbreak of pence.
Hiissian exchange should he helped by
the InrRe Ktirplus of tho crops In tho
South, though food prices In l'ctroKntd
and HlK.'t are now exorbitant becauso of
(lie difficulty In moving grain.
FOREIGN SELLING
WEAKENED WHEAT
Shorts Believed to Have Cov
ered Most of Their Contracts.
Cables Disappointing
southern Pacific
southern Ity 21S
-outhern Ity pf 00
sundard Milling pf... 87
hludcbakcr Co 1B2S
Tenn Copper S7J 1
Teias Co
Texas Pacific 7J
Third Au'tuiu C0)
United Clear Stores. .. OS
United Cigar Sts pf... US
United Dry floods pf. 70S
Union Pacific 131
U S Ind Alcohol l.Vi
UBCIfiF IDS
United Fruit Co Ill
United Hys Inv pf. . . . 32
U S Hulibcr fi.3
I' S Itubbcr 1st pf....H)0S 107
U S fcteel Corp 8-1 S S3
U blecl Corp pr.
Utah recuritlos 20 20
Utah Copper 70S 81S
U S KiprekS 4&H -Hi
Va-Caro Chcm 48 18
Va-Caro Chcm pf 100 110
Va Iron Coal A O. . . . JO S'JJi
Wataih 15S L5S
Wabaih pf A US -IIS
Wabash pf II SH 28S
Wts,t K A M 07). (18),
Western Mar'land 28Jf 27) i
Wustcra Union Tel.... bS) b'JS
Willis Overland 22i)i 225
Woom-orth V W 1215 125)5 V2iU 121J
Quotet ex tllvldunil.
lOOJf 100S' HIOS UWi
2Hj 21)J 21S
00 00 li'J
I.7S o7)i S7),'
ViM 102 l.-.:i!j
Wi &7?5 fi'iii
!0aS 20SS CC0.S 207
7S OS 0'i
mi oo)i 00)3
11S i) 0
US US US'
(S.S 0-IJi GS.'k
llifiS i:H!( Kl.'.li
j.i7 isa 1.131.
IDS 20)
111), 142 1
?2. 32aiMah
02) i 52)5
100S 107
8:i)f 85
20)5
1
32
sa
ririCAnO, Keb. . rroflt-tnklng and
persistent selllnB by bears weakened tho
wheat marled today after it had de
veloped strength, following hesitation at
the outset. Itcports of a poor export de
mand and selling for foreign account
were factors.
May. after advancing to $1.31, sold
down to j!5!i, finishing at $1.27i, against
Jl.SO'i t the close yesterday, and July,
after llslng to $l.i.1)j, dropped to $I.:0'1h,
ending at $1.20. compared with $1.22!.
yesterday's last price. Some nuthorltloH
expressed the opinion that the technical
position was weaker nnd that shorts had
been ptetty well covered.
Tho cables from Liverpool wore dis
appointing that, market turning easier
on freer pluto offerH after having dis
play! d steadiness. The upward move
ment that occurred after the start was
due to good buying by commission houses,
as well as active covering by shorts. It
wan asserted that the demand for the
cash article here was better.
Itecclveis In Kansas City reported the
largest consignments hero in a long time.
Minneapolis wild that millers wero good
buyers, suggesting that snlcs of Hour had
been made abroad. Liverpool reported
tho nr.st sale of Argentine wheat at C"s.
lid. for '2OT tons late this month, and G"s.
7'ad. for 7100 tons next month. The grain
weighs HI pounds. Large cstlmntes 011
yesterday's sales for export, moro than
:;,0o0.('fl0 bushels. Included many duplica
tions, nnd the quantltr actually disposed
of was icvised downward today. Tito
"price currents" report was bullish.
Lentllng futureH runKd as fellows:
When! Onen.
Mny Llio'i l.aiW.
July I.'fl'i LISA 1
t.iiril inew ueiiv,ry)
-71. T
VoH'll.lV'B
HIkIi. I,ow. Clnso. close.
l.BUs I.S1I1 l.:l!'
1.20 !. !.!'.
MliV "7") "s "Ua
July "iV. Wi WH,
iiayB7..... IH'.i IfV.' Wi.
July Iii'il Kill l.'i'.i
Mny n .7 in.ao io.:m lojo
July 1U.I5 10. 17 K).:i7
HIllH
May 1I.17 11.17 11. IB
July 11.32 ll.:i7 11.0B
I'tirlt
May !l.n7 'jo.r.7 yi.w
July an.ri2 Mun.1 wj.42
Illd. tAslied.
701;
711U
t-lsH
tiuu
lO.i-J
10.10
11.12 tit.10
11.27 ttl.STi
UTi
7-U,
in
til'.1!
10.1s
lO.IK)
COTTON lMUCES LOWER
ON DISAPPOINTING CAHLES
Spot
.U0S U0) U0S 11GI
20
70)i
40
Wj
lit)
58S
US
14)5
2S)f
07S
27S
SSS
SSi
20
8IS
Idu
48 1)
110
58S
us
4 is
28),
OS),
27),
h0)j
SM
RATES FOK MONEY
Call, , Time.
W1S '-'Wai
a 3 ft
.i 4 3-iu
Ohlca,a 3Vsri JiiW
Commercial paper, thn-a to kU nionthi. I'bll
aJslphla. U1VI per cent.
New York .
fhlUdelphlu
uestwi
Interests Bought March Re
ceipts Lnrger
XBW VOniC. Feb. 9. Although prices
wcro down - to fl points nt tho opening of
the Cotton Exchange this morning. In
sympathy with disappointing cables, the
tono was Bteady. Tho buying of Mnich
by spot Interests was tho sustaining fea
ture. There was somo buying by (3or
man Interests and Wall street houses
purchased July. Practically nil the supply
camo from 0110 source, believed to be for
uptown operators. After tho call the
demand continued fair, March showing
a rally of 1 points, with other options un
changed to 2 points above tho aturt.
In tho Into afternoon tho market rallied
suwral polata, In sympathy with the 10
covory in the market nt New Orleans, on
dumttnd from local nnd Wall street short.:
and buying for the account of Memphis
Interests. Trado was not active, however,
and prtco changes wero small. The ex
ports of coltou for tho day wcro 3375 bales,
compared with .17,113 bales on tho same
day lust year.
Light, scattered rainfall was reported
from tho South this morning. Tempera
tures wero slightly higher.
Tho receipts of cotton at tho ports for
the day wero estimated at 23.0OJ bales,
compared with 16,300 bales last week,
52 U1S bales lust your and 32,327 bales two
yrara ago.
upen.
12.0.1
12.22
12.:iii
12. -10
12.11
12.50
Mny
Jin
October .
December
January
Spot
Yes. Close.
1..11!
. 12.27
. 12.411
112.41
. 12.17
12.23
HlKh.
12.0.1
12.21
12.:is
12.42
12... I
12.il
Low. C'fobf.
11.H2 II i
12.1U 1K.ll
12.27 12.:il
12.:'i. I2.:s
Vi. I.'l 12.48
12..-J) I2.M
12.23
Liverpool Cotton
LIVERPOOL, Feb. 0. Spot cotton was
In moderate demand today at an ad
vance of 12 points on the basis of S.lOd.
for mid-upland. The sales were 7000
bales, including 5000 bales American. Tho
imports were 31.000 bales. Including 31,
000 bales American. The market for fu
tures closed barely steady at a net ad
vance of OS&10 points.
NEW YOHK BUTTER AND EGGS
NEW YORK. 7eb. O.-UUTTEn. -Market
very firm; receipts 7I7U packages. Burn cream
ery' :iSK3Hr.: hlicher scoring-. lltMllc!;
State dairy. 3iiS2c.i Imitation creamery, &
BOOS.-llarlut upset tied, receipts. 10.420
bAllM Ullf. ltVllV- UrmiB, AOnSHC
v, bite, 3 IttiA;. . brewu
2IW2---. lvItlittM htat. lUilOc.
uiUea cojori;
1 :iiut :i
T.307.37 7.411S7.4S
-i-ii T.S7.SO
'7.33 T..',o7.!
T.UJ 7.007.112
::::::::: J:" life
Sales in Philadelphia
Hlsh.
:.0 Am tlr SiKtar.. 71
21) aims rlinlm.... II2JI
10 Am Cur fe t My II H
I Am lllwy 211
:i Am Tob '-'Ol'.i
So lirlll .1 rt .HI
SOU Urtirl .Steel ."4 ,
1MI2I (11 m Steel H4
Kill Distill Hfcnr. ., Ill
.".v", i;iec KtortiRO.. tm
21 Krle HS'.i
II) ln( t'o N Am. . 211
nan I. ikc ifup Cor. . 10
II I.ehlRh Nav... 7iH
27 Lehigh Vitl ... 77
:i..i ilt Mtl Trnns Siu.i
4.1 lo pief 4J
21 Minn Copper .. .'ml
.'His 'ennn Hull. ... ,li
1i." 'rnn.1 Hlccl if. M
III 'lillii Co nun pf II
m 'iin.i t.icciric.
Sliro ' It T tr rtls.
17 'llll.i Tr.1e
III Itwy t 0111. ...
.1 Itfuillmt ......
:i() 1I.1 2.1 prrr. . .
II Tcnn Co;
.110 Tnnnpnh I lei..
.'I 'lonnpnli Mln..
2(17 rnlon True. ..
anil I'lnli Copper, .
.1", I'nlt (Ins lm..
i:i lit Com , J..
Rain IJ H Slerl....
KM WCSl tail' I!"',!
I lin Vr Ir & tU. Kilt,
27 W J nnil Htus ,',0'4
2 York Itwy pryr .'iPi
Xxtvi.
1
:i2U !
71 h 7
Nft
Close. cIiro.
,1
"Vi
1
21
Oi.'i
1 I
lll
It's
(!(,
!2i
.IU
L'l
20 1 U
.10
fll
to
411
mis
w.l
211
V.
7i
7U)i
l'Hi
i.
MX
in
T".
til
77
41 i
42'ft
7II.N
227
Ml
iwtj
B
;ii)i
asii
7l'i
211
20 1 H
llll
HI
SOS
411
1M!4
:ihi,i
2(1
."!
HIV,
"ItH
20 '4
42
:i7'4
.!
S.I
IIW
27J4
llli
711
Sl?4
Ml y,
227
Nl',
C.mIj
101
,-()l.i
:i4
itU
il
- is
i ji
1
Tnlnl onles, 33,170 slinrrst rompnrril with
I1.IIO siniri'N Jrslcrdnyi bins fur this wrrk,
'13,710 clinrri mine pcrlnil I. lfl urrk, 17,
.11.1 iliitri'N.
IHI.NUR
llloli. Itn-. Close,
U211 H2V4 iii'
12 1 ISO
lis
Net
CllRC.
Ml
IllVi
IIWjs
KlUj
JI.VK1 Am (1 A Kl S'
101 II llilll Steel lis
211(1 Key Tel lt .".'
Kfm l.h N cons tUnMUti 11)1 IOI I
issill (.oh V Km if'iS.KHIi 1(l-i Wilt
2((lii I'n Co Ren I'j.s.lu'l lot
.-(Oisi iln enna I'io. .tnlti ldl'i.
f.ixi im iwi (;en -is 111 in
2.'l0txi I'ii Co Conn fin l2 III'
likio .lo 1st r,s ..1111 111
1(MH 1 '111 In Mice 4s.. H,'li Kit
.'iiini ,it, r.H to., 101
1000 Itt-uilliiK cen 4m llll', I).V,4
ikhki liriul-Jr Out Is 111 li.l
2(SHI tiitn Am I (K. 1021 tl)2Vi
Iihshi xtnml tins Us.. Kin loo
Usui I'll lnvys t c Is 71'4 7.1'-i
100(1 Wclshncli Co fis H7 U7
KKK) fn Tr l'ltls Is 70 70
iinrifiisc. Dceri' iw.
Till n I iiilcs, $HI,i;oo, compnrril 11III1 $39,100
.vrstrnljii; thus fur this uerk, $201,2001 snnie
period lii'l week, SU.",,:l00.
120
lis
M
Will
101
Hl.1
III
112
was
Mfj
101
IlMi
111
102H
l(S)
i.VVi
70
Local Bid and Asked
Yesterday
nilff & Sys T C ....
do pfd
Italilwln
Cum Steel
Klec Stnr
(ten Asp
In pf.l
Keystone Tel
(In t e
(In pref
I.nke Sup Corp
LehlRh NavlRiitlon...
I.elilKll Vnlley
I'hlKli Valley Trans.
iln prer
IVmia
I'hll.i Electric
I'hlln Co
do .1 per cent pref. .
ilo 0 per cent pref..
I'hlln It T
ilo tr ctfs
Ilemllntr
Tonop.ih Kelmont
TimniKih Mining
I nlnn 'Inaction
f ! 1
Culled States Steel...
York Itnllway
York Itwy pM
111.1. Ask. Hid. Ask.
. 40 II 40 41
. 110 ill KIJ4 m'A
.ll.Vi tm 11.1(3 11(1
. Nil, mMJ H) Mi
. II.", Oil 111 l.fl
. .'1214 :i:n 2j; :w
. 714 II! 7lli 72
. i:i, int i:nf ny-i
. in i;o os 1:1
. UTi 10 10 K)!s
. 7(i. 77!4 77 7K
. 77 77'i 7IS!4 77
. 20 20H 1!)',', 10!4
. 42 I2!j 40 41
. wit; r,7 wj; biij;
. 27 i 277 27'S, 27,
.. 42 4:i 42 42(4
. 3(1 118 .'II! .'IS
. I'l II 4:il4 II
. IHS, lllli lN'J 111
. ms im, i.h; 111
. 7IIU "', 77at
. 4U 41, 4, 414
. Ity 7 CM 1
.. II 4.IK. '42((, 111',
. Mll'j Nl's '' Mil
. s'i si; .m; MJ
. m 31 ' :u 3.1
70
1111
1:1514
110
SECURITIES AT AUCTION
The following securities wcro sold at auction
by Haines & IHiuul:
Nnln for $I).1U. Signed by Prcd Ilnhn,
dated Oct. N. linn, payable .Inn. 8. HUB.
Nolo for Sli.V). Higned hy .Max Schmidt,
,.,it- uL-i, u, 11,10. pnynoio jnn
uary (I. I.ot
' .1 shrs. Kldellty Trust Co.: nar 1(K).
10 snrs. Uuarnntee Trust nnd Sato
I'cpnsii en. : par 5100
lo ultra. Louiin Trust Co.: nar SI 00
Jl tlirs. I'hll.i. iind Camden Kerry
l. . I'lll C."'
Membersliln In Commercial Ilxcliatnrn of
. I'lilliidelnhla SCO
5 alirs. .Mnrconl Wireless Tclcsniph
Co. of Amerli'.-t ,31,4
WO shrs. Atlnntlc Seashore Improve
ment Co.; pur SHI. Lot SI00
r.0 shrs. do nrcferrcd: oar S10. Lot ..'00
1(1 shrs. I'dinsylvnnla I'lnstcr Co.; par
S.10. I.ot 500
I slirs. l'hlladeljilila Ilourse, com
mon: par SW) (wlih ticket en
titling holder to prlvlloKes) ... OH
200 shrs. I'ennsylv.-inla .Mutual I.lfo
Insurance Co. ; pir $10 TO
Itecelpt of (tl.ntstone Conl and Coke
Co.. being 21 per cent. : pay
ment for bonds. I.ot JloO
1 hr. IvenslriL-ln,, Vnl. llnnV- tnr
? nr
14 alirs. Nntlnuat Hank of German
town: n.ir S10
.'! shrs. l'hlladelpltln National Hank
par
lo shrs. Sixth Nat. Hank: unr S10...
1 shr. Hryn Mawr Trust Co.; par J.V
($21 paid)
20 shrs. Chelten Trust Co.: nar S10O. .
11 i-lirs. ridelltv Trust Co.; par $100
1. wirs. I'T.itiKiin irust (jo.; liar .si.
:i shrs. (Ilrntil Trust Co.; par $100...
V.. .lll-U !.l,..'.l Tmu, fn . .... . C-.l,
10 shrs. Mutual Trust Co.; par $30...
2.1 shrs. Ileal Kstate Title Insuranco
nnd Trust Co.; par $lno
10 shrs. Merchants' Warehouse Co.:
par Moo
10 shrs. Kntnklln Flro Insurance Co.:
pur $23 m
.1 shrs. Insuranco Co. nf stnto nf
t'cnmi.. 111.12: par $Ui 100
10 shrs. I'l'tinn. Ilro Insuranco Co.;
par $100 410V,
I shrs. New York and Middle Coal
Klcld lt.lt. and Conl Co.: par $2.1
2(1 sbrs. Untlcil New Jersey U.K. and
Canal Co.: imr Slot)
.".2 shrs. Camden llorso It. It. Co
I slir. Cnlon l'asseni:er Itwy Co
II shrs. Second and Third Sts, 1'ass,
Itwy. Co
20 bhrs. American Dredging Co.; par
$100
20 shrs. (lener.il Asphalt Co. pref.;
par $100
.1 shrs. Do l.oog J look and Kye Co.;
par $100
ion shrs. l'ratt Food Co.; par $1
11 shrs. American I'itio and Construc
tion Co.: par Stoo
in tibrs. I'lilla. llourt.0 pref.; par $21
3D shrs. 1'hllu. ilourse, pref.; par $2.1.
(1 stirs, l'hlla, Ilourse. com.; par $23.
I 1'hlla. Ilourse. com.: par $2.1.
$1000 North l'eiina It. It. Co.. !!.:! per
cent., general mortgaito Inter
est January and July, regis
tered ; due lli.11
,1000 WIlmltiKton and I'lilla. Traction
Co., .1 per cent, 1st and collateral
trust, coupons February and Au
gust; duo inai
OTflO Pittsburgh. Shawnitit nnd North
ern 11. it. i-o.. ii per cent, notes,
Atnv und November: due May,
11)17 07
20 shrs. It. K. Mulronl hStt
100
142
I71V4
.0)
no
130
WHO
030
:io
30
303',4
0.1
1
05;
12.1
1K.3
2:17
100
71
no
Rill.
2Ui
2HS
nw,
(Hi
S2H
i Beech Creek Railroad 1
1st 4 BorcIs i
Due 1936 II
Price ou Appllcu(lnn fi
NEW YORK COFFEE MAHKET
N13W YORK. Feb. 9.The coffee market
was steadier at the start thla morning
and first prices were -I to 6 points higher.
Tuday's Ysstorday's
oiwnlnir. cloje.
January ., T.KIH7.8.1
r , u, i . . . .
March
April
May
Jun
July
AUUUit
) September . . .
November . . .
BAK SILVER
In London bar silver vas uuoted at SJ pence,
In Kew York bar silver was quoted at r04tc. I
wlt Mexican dolUre at Ht. w' " c-
Consolidated Gas (Pitta.) 5a, 1948
Michigan Traction 1st 5s, 1921
American Gas & Elec, Cs, 2014
Northern States Power 6s, 1917
OSCAR R. DARE & CO.
Specialists In Public Utility Bonds
STOCK KXCHANGE llUlI.UlNt!
Locust 320 ltuce S17.Hlg.519
Direct prhute phune to N. Y, and lloitoo.
DIVIDENDS
OIFICB Of
TUB O. II. CiKlST COMPANY
LAND TITLU UUILDINO
Philadelphia. Pa.. February 8. 1910.
The dlrcstora o Yllimn-ton Oae Cumuaoy
have this day declared a dividend o( three
per cent, on the preferred stock of the com.
pany outstandltiE. payable March 1, 1010, to
holders of said stock of record at the close
of business February la. 1810. Books will be
closed from 3 o'clock p. m.. February 18,
11)111. to 10 o'clock a, m.. March 1. 101U.
Checks wlU. be mailed.
C. IL WEAK. Secretary.
DIUKCTOUY OF ACCOUNTANTS
Certified Publle AcceanUaU
LAWHKNCB U. UltOWN ft CO.
iBia UkUX, EBTATli TltUtfr UUlLDiNO.
LEHIGH VALLEY TRANSIT ISSUES
IN DEMAND AT NEW TOP PRICES
Record-Breaking Earnings the Reason for the rW
Mav List Midvale Shares in Philadelphia Mar-
ket Rapid Transit Firm
A midden rush lo buy the Lettish ny
ley Transit IflsiiCH developed irn the lo
cal ntork exchrtiiKC this mornlnR. Tho
result was the estnbllshliKT of n new hlRli
record In the preferred Bhnres, vhllc
tho common hovered closo to the best
price nt which It ever sold. KnowlcdRo
thnl the company was cnjoylnif t no
heaviest enrnlnss In ItR history was tho
basic factor In the bnylnff movement.
In tho afternoon the common also scored
n new IiIrIi record when It crossed 20.
Home comment was heard around brok
ers' olllccs today ns to why t amhrla
Htccl did not sell nt SI Hat, In view of
the sale to the Midvale Htccl Company
at Hint pNcc. It was pointed out, how
ever, thnt somo little time must elapse
before the actual payment is made, and
that the buyer at etiriont quotations
would bo losing the Interest on his mon
ey; nlo the brokers' commissions must
ho llRiircd hi, so that the prlco of so
or a fraction above Is about the ooulva.
lent of tho llRiire at which the deal Is
to he closed. The onaiiKcmcnls neces
sary to make payment of $72,MO,000 for
the JlJ.OOn.OOO Cambria stock on 1-elirii-nry
ID haVo been completed. Contrary Jo
Kcnernl expectation, tho company will
Issuo t50.000.000 20-year Ii per cent, collnt
ernl trust bonds, convertible Into stock nt
100. toRCther with 23.W,000 stock now
held In tho treasury, which will lie of
fered to stockholders at CO. Thlfl new slock
has been underwritten by a syndicate,
and there Is talk of llstnm Midvale shores
on the I'hllatlclphln Stock HxclmriKc. This
would ko far toward mnklim up for the
practical elimination of Cambria as nn
nctlvo trading Issue. The local innrket
has been virtually made up of United
L-r
Cnm'irln nt i-..
. --. ana
tllla
Wmtt$!
tho
consolidate
States Steel nnd
the (lisappeaiitnce or tbo iniir
..., i.nrt..nt. i..i i , ,.. . ""
tin 'im'") iiini iui-ui ui'OKnfs'
slons.
THO rossIji conrernlnR t'cnns.i.. ,i
Steel la KrowlHK In Interest, it is T
initi iiiKiv.-iio may mite over rnni .
company or that Mr. honn.. ..S
It with the new tw;v:
Company, ns ho owns ,W per cenL a?ii
stock. Incidentally it was announce ,$
tho Unnner Htccl Compnnv hno7 mtri!h4.'
tn.000 tons of stecl-innUlnB "rori
llurfalo furnace. on rron
Tim irndnKnt Inrtrtl It..! ..i a
.,, h"u,, iuuiii iini ruirti nrm j rf
tho Rrentcr part of the spssion. eH'
moved lip it wihKtnnllal fraction V.-!
of the possibility or the company Ivti
merited with Homo other rnn-;w"'t
not taken seriously In
"111-ern im.
Usually l
Informed nunrtcr. nllhoiiRh ti,0 .,'
the Uleetrlr llont Cnipanv m 1"
tloncd In thin ooniiectlnn. Tl,c real .
son ror tbo advance in tho Rtock ill
cordlliR to licnple close to the man,!;
incut. Is the splendid business tho A
tinny Is enjoying and the steadily ln..?N
Ing enrnliiitst which should cvenln.iT
cause a ret urn to tho r, nee ni ..."'
rate.
divide
In tho nfternnon Unpld Transit a-i
irnlnn Traction became prominent. ,.!
ntlvanclng a suhstnntlnl fraction On iv
other hand Wnrwlck Iron and Steel mr
fercd from liquidation which sent It 1,2
10, StnriiKo liattery also reacted w
Cmnhrla Htrol made a new hleh nnl.i
at N)',4. and I.rhlHh Vallcv Transit ion
mon touched 20, the previous ton ,
In tho closing denlltiKH.
previous top prlct
Financial Briefs
The directors of the New York Cen
tral Itallrond Company met In New York
today nnd organized by re-electing tho
former olllcers,
Tho Bank of HtiRlnnd today bought
.Cl.300,000 In bar gold,
An Initial quarterly dividend of $1 was
declared by the Cerro de Pasco Mining
Company.
OIMclnl announcement was made that
the business of tho National Hank of the
Northern Liberties has been transferred
to the Bank of North America, ns of
date of Kcbrunry S, 101G. Ucposltors of
tho former arc invited to call at tho lat
ter Institution, where many of the old
olllcers and employes of tho National
Hank of the Northern Liberties hnvo
been appointed to new positions. Tho
meeting nt which formal approval will
bo given by the Northern Liberties stock
holders will bo held March .
At tho annual meeting of the stock
holders of the Heading Iron Company, held
nt Heading. Fa., these directors were
elected: V. C. Smlnk, R T. Stofcsbury,
Samuel II. Seyfert, Hebcr L. Smith nnd
Jefferson Snyder. The board elected these
olllcers: Chairman, R T. Stntosbury. Phil
adelphia; president, P. C. Smlnk, Heading;
vlco president and general manager,
Gcorgo Schuhmami; secretary, Clcorgo "W.
Dclnney; treasurer, Henry N. Yost.
Tho stntcment of earnings of Electric
Boat Company in the year 1913 showed
net of ?G,G22,S3I, of which there wns de
ducted Wr7,H9 for depreciation and $1,TGI,
1S.1 for dividend, making a balance to sur
plus of $3,401,522 on tho year's operations.
Isaac L. Rico was elected a director.
MINING STOCK QUOTATIONS
TONOPAH STOCKS,
Hid.
.Ill
.0-
.11
.11)
Jim nutler
MacXnmnra
Midway
llljpiih Extension
.Mnniana -
Northern Ktnr ,11
Tonopah llclmont I1
Tonopah Extension I'm
Tonopah MlnlnK l'
Itesciie Kola o
West i:nd i )
GOL.DFIELD STOCKS.
20
Vi
II
(IS
l
07
Ol
(H
47
SI
IN
l.VO
Atlanta
Illun Hull
11(10 Hi
HulMoi;
c o n
Combination Fraction
ni.imomineld II H ....
Dnlsy
Florence
Gnldllcld Consolidated
Ooldllcld Mentor
Jumbo Intension ....
Kcwunns
Oro
Sand Km
Silver l'lclc
MISCKLLANKOUS.
F.ilry Azlec ....
Klmberly
Nevada Hill ...
Arizona Iln ....
Nevada Wonder
.17
.OS
.(
.01
.01
.. .m
.. .is
.Vl.'lB
iVsked.
.11.1
.01
.10
.20
.:
.HI
-I'f.
.i!
.ul
.13
.Ul
.III
.0!)
.((.-,
.0."
..".(I
.x.-,
.111
1.2.-1
.111
.mi
.on
.03
.0:1
.ni
.211
..'!.-.
1.70
The
Guaranteed
Mortgage
A SECURITY that
costs par, is non
speculative and unchang
ing in value. All the es
sentials of a sound invest
ment are combined in the
guaranteed mortgages of
fered by this Company.
Circulars on Request
Philadelphia Company for
Guaranteeing Mortgages
William It. Nicholson, President
I.nnd Title Illllldliig, Philadelphia
DIVIDENDS DECLARED
.i
kt im iiil: 1 1111 ii.ih iiiiiii.inv ri n .. .
KThSHw" is!4"'"0 'Mnr"11 lio 8,i,l ot '
Maxrll Motor Comp:iny,
i"4 prr ri'iiii mi
1 tfi Htor) nf rrn
Auam Kxitrcus (imipanv
Company, regular (luriM
(linninnv .t.i.,ui.. ...
centi. iniyiible March 1 to stwk of rei-'orj ri?
ruitry II. " "
Wo Recommend and Offer
Securities of
Lehigh Valley Transit Co.
nnd
Philadelphia & Western,
Railway Co.
Prices and detailed Information
on request.
EBWARI3 &, 3 ivuTjrt' &Co
BANKERS
EST1DU3IIED 1892
llemheu ATew York and AllodilsAls
Stock Exchange V
DiCAn and Chestnut Sts., Fniuti.
80 l'INIi STIll.llr. NUW YOBK
First Mortg.ino 5 Bonds
Due 19G0
"Ilunds" iiiitstiinilliii; represent lc!
I bun fin per cent, of cash coit ot
prnpi'rly.
KiirnliiKs noir nt rntr of ulioiit tnlee
liik'rit cbiirKCs.
I'llICi; TO YIKI.II
Free of Pcnna. State Tax
DiMCitirTivi: cu:ci'i..vt "'
ltKlll'UST
Harper & Turner
Investment Bankers
Olllccs: IllliH-lllli!
STOCK KXCIIANOK IICIMIINO
riillinlrlpblii
Consolidated Gas Company
of Pittsburgh
This corporation Iiiih defaulted In thi
navment o interest, due February first,
on its Issue or $r.,000,000 nvo per cent
bond, secured hy first mortgago date
'"in tho lntoreHt of bondholders, th
undersltrnod hnvo been constltuteii
Committee to tnkosuch protective meu
urcs us may he necessary. The Com
mittee invito all holders to deposit their
bonds with the Pennsylvania Compinr
for Insurances on I.lvcs nnd Granting
Annuities, No. 517 Chestnut Street, Phil
adelphia, which has pureed to act as De
pository. A form of deposit agreement
a In preparation. In the meantime, temj
porary protective receipts will be Issue!
to all who doposlt their bonds.
C. S. W. PACKARD, Chairman;
WILLIAM P. GKST,
TUO.MAB S. GATU3,
K. S. PARE.
commiiiee. ii
G. W. PKPPKIl.
Counsel for tho Committee.
Send for our circular letter
on these stocks, containing the
very latest information.
HUGHES & DIER
Bankers and Brokers
U35 Wulnut Ktrcet, riilladclplila,
Brown Brothers & Co.
. Fovxrni and CirEsrrarr Streets
PIULADEILPIIIA
Travellers Cheques
In denominations of $10, $20, $50 and $100, payable
throughout the United States, Canada, West Indies, etc.
Graham Be Co.
BANKERS
435 Chestnut Street
City of Philadelphia
4 Bonds, doe January 1st, 1946
Price J02J6 and Interest
Viegal Investment lor Trust Fundi
Free of Pennsylvania State Tax and
United States Government Income T
fr
FAfl
Uieti
,
E(tiP;
f inll
tor;
fflice
Ulfl"-
prort
yinc
una
Tet)
"Tl
tfrlot
icenl
fiourc
duct.
the
''ntckl
trt
11
itcoi
(0 T
Itnut
thee
rflnn
f pon
f moo.
mnt
! tnd
ngold
1