BPv? ".''. "!" . ; ' : i
.' - ft Ml I s S s ., ,
I FINANCIAL NEWS
DISQUIETING RUMORS ARE USED
TO DEPRESS STOCKS IN NEW YORK
p..
&o Nearby Demand la Found for Securities and Sharp
Breaks Are in Order Display of Strength
Early in Session
High Points In Today's Financial News
Stock market opened with a show of strength, but turned weak in late
trading. Wheat strong, with good buying. Cotton trading small and price
changes narrow. Jtussian exchange declined in foreign exchange market.
Steet prices expected to po higher. Price uf bar siiver lower. Hank clearings
of the country for the week again larger. New York bank statement showed
increase in average and actual loans, time and demand deposits and o decrease
inurplm in both statements.
,.
w
NEW YOIIK, Nov. 11.
Tha action of today's stock market waa regarded ax a confirmation of the
View that the strength of tho two preceding days was forcod and artificial and
When disquieting rumor in regard to the Mexican and Herman situation wero
circulated efforta to dispose of atocka found no nearby domand and aharp breaks
wars In order.
Tha upward movement of the last two daya 'In many of tho atocka con
trolled by bull pools and of leading Industrial!), Including United States Btoel
common, had forced covering of shorts on a large scale and the market today
was left without support from these sources.
For a time during the early trading there was a display of strength, with
numerous issues making gains of 1 point or moro, although.tho weakness of tho
situation was mado apparent by tho break of moro than S points in Central
leather Jn tho first few minutes. Then Mexican I'etroloum followed, with a do
cllno of S points, and the room nt onco Jumped to tho conclusion that this move
ment Indicated a new Mexican crisis.
Following this there came stories about the attitude of tho Administration
over tho recent submarine activities. Including tho sinking of tho Marina. Tho
political developments were not satisfactory to the Important interests, which had
been active on the bull side slnco last summer, nnd no support came from that
sourco. This lea tho market without n nearby demand when liquidation became
general and selling orders could only bo executed nt declines of 1 point or more.
How much thcro is to the reports of international developments Is yot to bo
disclosed, but tho known political situation as It stands exerted a bolatcd influence
in disturbing holdings and restricting the buying power. Fow of the traders
cared to carry stocks over Sunday, but they wero instead disposed to put out
short lines on tho bellof that unless tho international situation was cleared tho
selling movement would become broader and moro pronounced.
Utah Copper resisted tho general bearish influence, and although it reacted
from the opening, become strong In tho late trading, crossing 119 and again mak
ing a now high record. In the final dealings a firmer tone developed in tho gen
eral list, moderate rallies occurring in tho lost fow minutes of business.
,-A
Tho bond market showod an Irregular tono. with a number of speculative
Issues selling at slightly lower levels, but 'the investment securities were gener
ally fairly well held at recently prevailing prlcca. ,
Ytm if
Rew high marks
FOR CURB STOCKS
ProfifciTaking Causes Reaction
After First Half Hour Sup
port in Midvale
NEW YOIIK, Nov. 11, Renewed strength
and activity was again shown In the curb
market at the outset today, with several
sew high marks reached In the recontly
active Issues. After the first half hour
a reactionary tendency set In on profit
taking. Magma Copper was again one of the
chief features, moving up to a new high
record at S6, while Dutte Copper and Zlno
also touched a new high at 20. Thero was
a good Inquiry for Nlpl.nslng at a fractional
change. Other mining shares were gen
erally firmer.
Midvale Steel was under .excellent sup
port at the outset and after moving
eased oft on realizing. United Alloys Steel
fluctuated In a range of 4. Submarine
Boat waa almost entirely neglected but
steady, American Writing Paper was a
shade firmer but lesns active. Transue &
Williams was heavy at a recession of .
Motor stocks were comparatively quiet,
with narrow price changes. United Motors,
after a small recession, moved up V4.
INDUSTHIAL8
Aetna Explosives
.American. llrltlsh Mfr ........
American Marconi
Canadian Car Co ....
Canadian Car Fdy pr.f
Chevrolet Motors
Curtlaa Aeroplane
Xmersort Phonograph
JIaakell A Darker Car .......
Vendee Mfg.
lutnodlon Ilronie prat
Laur.1 Oil tau ..,,
Maxim Munltlona
Kjphsttan Trans
aildvala Steal
Otis Klevator
Ewf,,M Motors
2ltEn
g 8 w I
standard Motors '.....
Submarine
Triangle Film ,
Unltad Motors ,
United Profit Sharing- ,
US Light Heat
do prf , ...,.,,.
world Film ,,,
Transu Williams
nid. Asked.
.... lOtt 1US
....10 2ft
.... a vi
.... 40 d(
....S3 73
....ITS 178
...,20 2A
.... Hit 12V4
....41 42
23 in
.... 10
.... eii
:::: .
::::S?a 88
.....23 23
..,.11)0 110
..... 12K iatt
.... 7 . N
.... 41U 42W
.... 2 2V;
.... 62 62Z
1 1
.... a SK
.... 4 ft
:::: k l'
4I1ID01
uhio
hf
to
BTANDAttD OIL STOCKS
.323
.Ian
s-rairie npe ,.v ni2
standard Oil of California,., ... ..ssr,
Standard Oil of New Jeraejr. ,...,tl42
Standard Oil of N.w York 240
OTHEK OIL STOCKS
Cosdan pit , isu
Cosdsn Co ......,,,,,,,. 17
Intsr Patrol 11
Houston Oil 18
Midwest ltsflntrur ,,.. , 74
Sapulps, llennlng H
MININO STOCKS
Atlanta .......................... g
Butt Coppsr and Zlno ISM
stun. r40w xorx ,,
Lrro as t-aaco .,
J"lrt National .........
Soldflsld Msrser ,,
Soda Minim
flows oouna
fjim uuuer .
rrr.7w. K ........ ...............
VcKlnley Darrsgb
Mwrat Copnir
Mines Co of America ,...,..
Ktptsstns; ...,........,..,.
k Joseph iead ,..,.,,,,,,.t,,
X,J!.' JnoL Con
Wblls Oaks ,,
BONDS
As
New York Bond Sales
tAAftA Am. . ..-.- m..
40UO Amn Korelptn Heo Os.
I04OUO Antlo-Kr 8s.,
144000 Amer Smelt Heo Os..
4S0O0 Amer Writ I'sp Cs..
8000 Atclllann sen 4s
1000 da adl 4s
2.1000 u totii,,,:,, .
60(io do cv" iW
HUh.
vsn
n &
Haft
Illl
023.
60110 rirooklin It T Cs 1018 louH
IIOOU Can Uovt Bs 1V2U....1UU
w ud ns lust . . .
1000 Canada Houth 6s...,
60O0 Cent leather 1st El..
IOOO Ches A Ohio ov 4Hs..
6J0OO do cv 3a !.
1000 Chi Ot West 4
04OOO Chi 11 4 Q lolnt 4s..
SHOO C II 1 Bl 1 dlif 4s. .
400(1 An cv Am .. Ifint:
(1000 do OV 4 V, iooS
37000 Chi 111 t 1' rfd 4s.. 77?
siooo do r. ; 08
400O Col Industrial Bs 70W
30(10 Col & Mouth 1st 4s.. OSS
700(1 D A Hud cv Ss 107H
H000 Kile .-en 4s ...,..:;. 74(4
7(M)(i Iowa central ref 4s,. OS
1500O Inter Met 4H 7SJ4
2000 Inter 11 T ref Bs llsfl
iwio Int a Ot Nor lset U.luM
1200O Kan City Ho 6s HIK
20OO Klnes Co K 1, A I Bs.lUSU
OIOOO Igarka Hteel As IU30 ..lOlVi
w.nju lGimiD UHI IBt OS
101
.103
.12S
. no
. TS .
4000 LI 1 II T ti
111(10 do 7s
.100(1 r-oni Island rfd 4s .
40(H) Mo Kan a T 1st 4s.
10OO do 4tta 42V4
SIOOll Mo Pao w I 4s (17S
1BOOO do 8s w 1 1020.... IIOU
1000 do 8a col ct 1020.. 100
42B0O N T C A Hud Bs... 114H
1000 do 4 112S
aOOO do 4tts 05
1000 N Y. N II & II cv 3 Via mi
100(1 do 3 Via 1934...... 09
B00() do Oa 113
1000O Norf A Wnat 4a... .. 94H
120(10 Nor Pao prior 4s .... 94
2000 do en 3s 07
liooo Paclno Tsl B 101
.6000 Penna 4s 1948 ooft
1100(1 do en 4Vha 103V
1000 do 4V4s 1021 101U
28000 Headlns en 4a MB'.
800(1 Uep Ir A 8 Bs lOOU
27000 St L H K In w I.... 63
loooo do rfd 8d eta 4s.... NoU
1000 do ten ct 4a us
BIMIOO do Her A w I 72
liooo HeuV"l A L adj 6a. na
Booo doVd 4a .... .. . 1111
4000 Mouth Pac cv 4s H8V4
flOOO do cv ret f p 8a, ..1H3J
lauuii Douin iiwy iren is
10000 do con lis
1000 Texas Co ov fla...
4000 U H Ilubbor Os...
1100O II H Hteel s f 8s..
10000 11 k of a 11 i 6s. ns"
iouii unionn t'ao cv 4s.... 04
BOOO Va flwr 6a 90
BOOO Wab-P T 1st ct f D 4s 84
1000 Whselln- t L K 4a,,, bH
IP2i
tBT
(10
on
113
94H
U3Ti
07
101U
9S
lo.i K
lOIji
0.11
t
0N
00
102i
105H
102H
iw
08",,
V4T4
90 Vi
34
MS
OK 5
Total sales, $J,tJ,(KKl, compared with St,.
M0.000 last Haturdai this week, t0,038,0O0i
last week, ftd.BHU.OOO.
,.
.a...
...,,
...,...,.
IHSTaM
efufslan
(ikm:
.....
................!
oa utH eV4
HS ,.,..., ...,10OVi 100V4
. ................. VWf HVVL
0 rear,,.. ......I,.,..., 08H B8V4
NEW Y9RK BANK STATEMENT
Average and Actual Loans and De
posits Increase Surplus Smaller
' NEW YORK, Nov. U. Tha New York
bank statemtnt for five days, election day
Intervening, showed Increases In average
aiei actual loans and deposits and a de
rass In tha surplus In both cases. Details
feilow;
AVBRAOB
sSl
tea
tat til
jlaiar'
,..tS,4I,00.(
nand deposit a, J.Sni.eiT.d
M oBMltl... iM.SMI
time
wm ........
vs. own vaults.
etCr 4epol.
SI.341TOOO
4M.UT,000
171.170,060
64. 1 81, MO
HKSl
W TlsIW4 VspfJ( V4VVfVH4WraVseS4H
ACTUAL
..immx sm
Ht."5
ai.IHrT.BHH
tm:6
Tnereass.
fS3.2T7.(iOO
ss.Iso.ooo
S.OHl.WHI
2fll,000
e.008.000
162,000
B04.OO0
7.S20.OO0
o.wn.ejo
J.osa.eso
TS.0OO
47. (MO
M AAA
'1.isto
LOCAL CLEAKINGS HIGH
Philadelphia bank clearings continue to
make big gains. The report for the week
ended today for banks throughout the coun
try shows a gain ovr the corresponding
week of last year of 14.5 per cent. Phila
delphia's gain was 5J.'7 per cent, which Is
by far the largest In the United Mates.
Total clearings of all the hnnks In the prin
cipal cities for the week were 16,169,431,389,
against 16,157,233,662 lata week and 4,514,
140,158 the same week last year.
Details follow:
101S. 10IK t n
l2.B27.e28, 208 I2.562.S2M8.1 11.7
Ns Tork.
lloaton ...
I'niiaasipnia
lialtlmoro
ChlcaKO , , ,
Ht. 1-oule,.
New Orlsana
Hevsn cities,
6 dais.. ,13,420,314.121 18,007,833,010 13.9
184.408.220
239.142.482
33 041,101
lBa,2KI.80
99.4ilJ.Sll
811.053,149
100.127.4U3
182,893,010 4-61.
R.i (. Ala I
2u4!ll8.'4S0
N2.7fl.1.1ua
22.079,674 4-74.8
lfl.t
19.3
20.2
782.4H.284 714,278,491 D.B
5 days,
Total all cities.
6 davs.,.4,208,eS2,B83 18.722,111.601 13.1
All cities,
1 day.... 960.788.604 792.026,804 21.2
Total all cities "
for week. 13.100.421, I8 14.614.140,168 14.5
LOCAL MINING STOCKS
TONOPAU STOCKS.
Bid.
Jim Butlar . ..,
MoNmara . ..,
Midway
Mliptih nxtemlon
Montana ,
Northern Htar . . .
Touoph lieltnont
( ,
I 14) MtilMI
PaOurte
, aV.Va-. ;... 5.217,000
' t'e,ii.0 Js
me4e.
UVS STOCK QDOTATIONji
NV ll.'-Mpl
tvraraY
31.-
.90
.23
:::iU
Tonopah Ritenslon .....,.,,,..,. fi',(
Tonopab Mlnlns ,....0
Keacu Kula ,,,, ,23
Wast End , . , , ,70
OOLDflCLD STOCKS.
Atlanta ....,, '..,...... .09
lllue Hull ,.,,....,.,.,,,,,..,,,. ,02
Jjooln ,, ..,.,,,,,,,,, ,10
O O It ......................... ,03
Comb .Krao .OS
Dlarof U II ,.,...,.,..,...,..,. ,0(1
lltalaiy Aaa-Aaia.-AB. 4. .U
yierencs , 80
OoldAeld Opn ..,,,., .,..,,.. ,83
(lotdflsld Msrrer 103
Junw r.zisnsion ...,,..,,;,,,,.,
Kewsnas ..i,, .,,.,,,., ,,,.,,,
Ore ... ....,,,.,,,,.,,.,,,,
Sand Kendall
Wlver Pick ...,,,...,
MISCKLLANEOUS
Nevada Hill
Nevada
Tscopa
133
.10
.08
.04
.20
1 Hill . ,,,..,..,,.,,.,, .18
wr -... ,,,,,,2.o
Mlnlns .,., 10
Asked.
.92
:2
.IK
.22
.18
4H
S?"
.11
.03
:H
.07
,0T
.OS
.83
,B8
,0S
.88
.13
.04
:tt
.20
BAR SILVER
Bar silver In London was quoted at
34 1.14 today, oft 3-1 6d. In New York
eoounereUl bar atlvsr was quoted at 71 Ma
U4ayvofC He.
RATM FOit JKONRY
lift'tat4i
Vr'kH.( ;
, r"
V
isro
IB
r.
-ftr '
11, M6
New York Stock Sates
Acme Tea . ...
Advance num.... 1
Aaz Itubber .... 74H
Alaska Gold Mines 1
Alaska Juneau .. 7
All Is Chalmers ... 81
do pref so
Am Ag Chem .... 86
do pref 102
Am D Sugar 10yi
Am Can 68
do pref 116
Amer Car A Fdy. 72Vi
Am Cotton Oil ... 841,
Am Hxpress IIV'
Am Hide A LeathMOH
do pref 7 Hi
Am Ice 18?i
Am Linseed 26"4
do pref 0H
Am Locomotive ,, OSH
Am Malt OU
Am Smelting . ...113T 111
do pref A 100 100
Am Sugar 119H 117V4
Am Hteel Fdy .,.08 ISV,
Am Tel ft Tel ...134ft 1381
Am Woolen na 62
do pfd ........ 98 BR
Am Writ Pap pfd, B9 ai
Am Zlno ,. 6
do pfd 84
Anaconda Cop ...10 I
Atchison loan
At Coast Line.... 114ft
At Quit & W I ...118ft 11
do pfd 71ft 71ft
Net
Itleh. Low. Close. cbe.
7ft esft 6ft
18
74
lift
7
SI
89T4
' S3
102
10 1ft
03 ft
US
70ft
64ft
188
I6ft
70ft
26ft
6ft
60 ft
03ft
Oft
I
s
16
74
13
7
3ft a;
to
85 2ft
103
101ft ft
63ft 1
116 -flft
70ft 1ft
8tft ft
189ft Sft
I5ft ft
70ft 1ft
88ft ft
26ft ft
89ft ft
B4ft
COTTON BUSINESS
SMALLEST IN WEEKS
Mnrket Is Steady October
Makes Good Gain on Trader's
Bidding
3
w
ft
Oft
112 ft
100
117ft
68ft
184ft
62ft
98
67 ft 1ft
60ft 3
81 3
100ft ft
100 ft
lttft 122ft ft
112ft
71ft ft
50ft
R2
9ft
105ft
JJald Loco 86 85 83ft tft
do pfd 108ft 100ft 106ft 3ft
Halt ft Ohio 87ft S7ft 87ft ft
Ilcth Steel 010
do pfd 162
Hums Ilros 80
Ilutte & Superior. 01ft
California Pet ... 23ft
do pfd 50ft
Can Pao 173ft
Cent Leather ....115ft
Chandler Motor ..103
Chca &. Ohio A8ft
Chi Groat W IBft
do pfd A 46ft
C M & St r 05
do pfd 127
C C C A St L. ... 50
do pfd 84
Chi A N W 120ft
t.'nnt Can 101
Columbia Gas ... . 40ft
Chi It I A P 84ft
Chill Copper .... 28 ft
605
140
S3
00
22
00
60S 10
158 7
86 1
08ft ft
22 ft
50 ft
172ft 172ft
112ft 113ft
Chlno Copper ..
Col Fuel ft Iron
Comput Tab ..
Consol Gas ....
Corn Products .
Crucible Steel .
do prof
07
64ft
60
10
07 ft
lft
41
04 ft
17
50
S4
120ft
100ft
44 ft
38
ft
05ft
84
no
102
ft
7ft ft
14ft ft
44ft
04 ft
127
60
81
noft
101
46
.126ft 130
. 10 18
01ft 89ft
1
.?!v
ft
33ft 1ft
23
0ft ft
64 1
50 lft
ISO ft
18ft ft
00 1ft
COTTON tlKLT TTKATHKR
NK1V YnitK. Not. It. Clear weather
prevailed throncnont I he ret ton belt this
nornlns. rrwt was reported In Arkansas.
Tn fettowlnr temferatneea were re.
corded 1 Ashetllle, Ml .Na.htllle. 40
H no utile, Utile Knrk and Hhretei-ort, 41
I hattanoota. 44l Oklahoma, 4 1M Hie.
Memphis, McV.unrs and Meridian, 481 Man
Anient and llalelih, SOi Abilene and It.
Smith. Bti nirmlnihatn and Atlanta, 64 1
Monte-ornery, B Maeen. Corpna Chrlall and
(lalrrelen, 681 AusneU, 00 1 New llrleana
and Mllralnston, etl Mobile, Tbotnaattllo
and C harleeton, 66t renaaeola ahd Saean.
nah, S81 Tampa and Jarkeontlllo, 70. There
was .01 Into, of precipitation al Ralelih.
NEW YOniC. Nov. 11. At the opening of
the Cotton Kxchangs this morning the tone
ot the market was steady, with prices un
changed to 7 points higher. October, how
ever, on bidding by a trader usually repre
senting spot Interests, rose 27 points on the
call.
Trading was the smallest It hss been
In weeks, with nbout the only feature the
buying by commission houses and spot In
terests. The supply came from Liverpool
and uptown houses.
Weather conditions In the cotton belt this
morning were generally clear and tempera
tures were somewhat higher, with the ex
ceptlon of Arkansas, where frost waa re
ported. Iluslness during the later session con
tinued comparatively narrow. Offerings In
creased, Influenced by the easier turn to
In New Orleans nnd Stock markets, south
ern and Wall atreet selling contributing
materially to the setback which cams be
fore the end of the first hour. s
Local professionals were also sellers on
the decline to 19,31 for January,
Southern spot markets continued firm.
Tea. close. Onen. Illeh. twiur. r-ln.e.
.. . . . 1.: .. -. .' -r -- '-
iieeemner ....iii.ba 111. hi iv.ia 10. si
January 19.38 10.33 19,44 19.29
iv ii iv.an iu.43
111.73 19.7S I9.S.1
19 75 19.75 19.C5
March 10.8(1
May ID.flH
July 19.07
Spot 19,80
10.31
19.83
10.S1
19.S".
19.03
19.40
PHILADELPHIA
MARKETS
Cuban Cane Sugnr 75
.124ft 14 14 ft
99
09ft
20ft
. 47
88
. 52
.828
43ft
7 ft
00ft
00ft
20ft
40ft
87 ft
52ft
325
42
do prof
Deere ft Co pfd
Den A Illo O .
do pref
Hrlo
do 1st pref .
Oen Chem . . .
Oss W ft W
Oen Hlectrlo .
Goodrich Co . .
Oranby Consol -
Great Northern pf.lSft
Gt North Ore ctfs. 44ft
Greenn-Can Cop.. ffft
Gulf State Steel.. 133
dn 2d pref . .
Illinois Central
Inspiration Con
Int Agr Corp .
do pref ....
IntllarvCorppf.lll Ill
Int Hnrv Cor N J. 117ft 11771
74 1
09ft ft
00 ft ft
20ft ft
40ft ft
87 ft
82ft
823 ft
4 1ft
180ft 170 170 1
68ft 08ft flSft I ft
03
.130
01
lis
48 ft
51ft
130
120
100ft 100
00 07 ft
25 S4ft
57ft 50
Interboro Con ... 19ft
do pref 76
Internat Pnper ... 74
do pref 106ft
Int Nickel 62ft
Int Mer Mar t c. . 44ft
do pref 119
Kings Co i:iec ...127ft
Kan City Southern 27
do pref 00
Kelly Spring Tire. 76ft
Kennocott Copper. 56ft
Lackawanna Steol 00ft
Laclede Gas 118
Lk Krle ft W pref 40
40
. SSft
. 24
. 78ft
. 83ft
. 60
.100
. 41
. 33ft
.123ft
. 10
. 20ft
. 10
8ft
10ft
. 09
34 ft
. 69 .
113ft
. 27ft
157ft
.108
. 40
. 45
. 04
. 00ft
30ft
10ft
70
71
101
61ft
42
117ft
17 ft
20
no
7B
55
04ft
118
40
89
82
24
73
82 ft
40 ft
100
40ft
33 ft
03 1
118
43
61ft 1ft
133 8
130
106 ft
69
24ft ft
66
111 1
117ft ft
10ft
70
72
101
61ft
ft
1
ft
ft
43
18
12Jft
20ft
410
75
B5
'
1
1
ft
05ft ft
Leo Itubber
Lehigh Valley...
Iiose-Wlles Ills .
Max Motors . . . ,
do 1 st pfd . . . .
do 2d pfd ....
Mex Petroleum .
Miami Copper . .
Mln ft St L new.
M St V ft S S St,
Mo Pao
do w I
do t c
Mo Kan ft T . . .
do pfd
Mont Power . . . .
Natl Enameling .
Natl Lead
do pref
Nevada Con . . .
N V Air Drake..
N V Central
N Y Dock pref. . .
N Y. C &8t L...
2d pref
N Y, N II ft H.
N Y, O ft W....
Norfolk nnd West. 142
do pref 87ft
North Paclflo ...11 tft
Ont Silver 7ft
Pacific Mall J Oft.
Fan-Amcr Petm pf 07 ft
Penna II II 57
People's Gas ,,.,111
Phlla Co 42ft
Pittsburgh Coat t o 41
Pitts, C, C A St L 60
Pressed Steel Car 80 ft
Itwy Steel Spring. 64 ft
Ilay Cons 88ft
Heading 100
Uep Iron ft Steel. 83
Hhat Copper 82ft
Saxon Motor .... 70ft
Seaboard Air Line 10
Bears itoenucK
Sloss-Sheflleld ...' 81
Southern Pacific. 101ft
Southern Ily .... 38 ft
do pref g
St L A S Fran w 1 34
St L ft W South.. 28ft
do pref , . 62
Studebaker 123ft 122
Sfutx Motor 6lft 04ft
Tennessee copper, x
Texas Company . .224
Texas Paclflo II It 17 ft
Third Avenue .... 63
Tobacco Prod .... S3 ft
Tol St L ft W pf. 15ft
Twin City U T... 05ft
Underwood Type. .106
Un Hag ft Paper, 14ft
oo pre! ....... 79ft
do new 110
United Clg Stores 09
do pref llOft
United Fruit .... 162ft
Union Paclflo ....149ft
Union Paclflo pf . . 83
U H C I V A V 5U
U 8 Undl Alcohol. 180 Vi 134
Un Hwy Inv 14 is
do pref 15ft 4ft
U H Itubber sou sou
U 8 Smelters .... 7444 78V4
118
49
30
82ft
24
P H
5
ft
1
78ft
8ft
60 1
106 2
40 ft
83ft V.
123ft 123ft ft
0 0
38 38 ft
0 ft
7ft 1ft
18 ft
08 1
83ft ft
68ft ft
iiaft ft
2ft
167ft ft
107ft
40 ft
45 ft
64 ft
60ft ft
ft
ft
ft
ft
0
7ft
18
OR
32ft
08ft
113ft
20
157ft
107ft
40
45
04
flOft
30
141
87 ft
111ft
7
SSft
07ft
57 ft
111
4ft
40ft
80
78ft
54
32ft
ft
ft
ft
ft
30
141ft
87 ft
111ft
7
25 ft
97 ft
67ft
111
42ft
40ft
80
70
54 ft
3ft 1
107ft 108 1
ROft 80 1ft
82 32ft
70 76ft lft
16 10 V.
2SIft 381ft 3tft 1ft
70 79
100ft 101ft . ft
27 7ft ft
68 68
I, 1.K3
II, tl (Utr
GRAIN AND FLOUR
WHEAT Ilerelpts. 84, BOO huah. The market
ruled eteady under moderate oflerlnss and a fair
demand. Quotations; Car lota. In eiport elevator
- u, retj, epui, ii.nivi wuj no. z soutnern
rea. ii.hdvi.ms: steamer no. 'J red,
l.nn; no. 3 red, (i.Bsui.tifl: rejected
"-. rjrrini i, u.iaoi.jD,
COHN Trado was quiet, but offerlns wero
lllbt and aluea were steadily held. Quotation:
Car lota for local trade, as to location Old
weatern No. 2 yellow. 1.1BM.. do. steamer
yellow. 1 1001.17: do, No. a yellow. I1.13W
1.14: do, No. 4 yellow. I1.10IH.11.
OATH Ilecelpta. IlO.HIl liuah. The market
was quiet and unchanged. OfTerlnsa were mod
erata but ample. Quotations: No. 2 white. (Ilv
(11 r. standard white. UuH 4f lc; No. a white,
BW 8uc. No, 4 white, BsttBUc: aampls oats,
66 U Sue.
KIIOIl Hecelpta. 070 Hits, and 088.728 lh.
In sacks. Demand waa only moderate, hut mill
limits wero firmly maintained. Quotations per
lUQ lbs. in won,1 winter, clear. IMUM.r,. no,
etrnlsht, t8.S0fl8.ri3: do. patent, 18.7540;
Kansas, clear, cotton sacks, K. 73479. 10; do,
straight, cotton sacks. In 10419,83; do, patent,
cotton seeks, HMUttO.03; spring;, first, clear,
I8.050V.16; dn. pntent, IR.SO01O; do, favorite
brands. 1 10.25 fll 0.73; city mills, choice and
fancy patent. !iu.23t!0 75; city mills, reeulnr
grades, winter, clenr. $84vN 40; do. straight.
18 r,(l8.fl3: do, patent, IN.75W0.
IlYK KLOUlt ruled nrm under llsht offerings,
hut trado was quiet. Ws quote at I7.90ff8.60
per bbt., as to quality.
PKOVISIONS
The market ruled firm, but there was
little trading, following are the quotations:
City beef, In sets, smoked and alr-drled. Sir,
westean beef. In aets. smoked, 84c: city beef,
knuckles and tenders, smoked and sir dried, 83c;
western beef, knuckles end tenders, smoked, 33e;
beef hams, 1214130. pork, family, 130.60031;
hams, H. 1'. cured, loose, 19t?10Vtr; do. skinned,
loose, :0limr. do. do. smoked, SKOSlMc;
other hams, smoked, city cured, as to brand and
average, lOHc; hams, smoked, western cured,
"Ottc: do. boiled, bonefess, 31c; picnic shoulders.
H. P. rured. loose, 14e; do. smoked. 15c; bellies.
In pickle, according to average, loose. 17M(c;
breakfast bacon, as to brand and average, city
cured, Z2Hc. breakfaat bacon, western cured,
l'2tt c; lard, western, refined, tee.. IHc. do, do.
do, tubs, INc: Isrd. pure city, kettle rendered. In
(re. 18c, lard, puro city, kettlo rendered, In tubs,
18c.
REFINED SUGARS
The market was quiet but firm, neflners'
list prices: Kitra fine granulated. 7.B0O7.('.0e;
powdered, 7.00O7.70e: confectioners' A, 7.400
7.60c; soft grades. 0.73V7.33C
DAIRY PRODUCTS
nUTTEIt Receipts were light and the market
ruled firm, butthero was little wholesale trading,
as usual on Haturday. Quotations: Western
solld.packed creamery, fancy, specials. 40c;
extra. 3HO30c; extra flrsts. 37037'4c; firsts.
.Tltt.lOHc. seconds. 3.",035Hc; nearby prints,
fancy. 41c; aeraga extra. 394940c; flrsts. SHc:
seconds, 3i9?87c: special fancy brands ot prints
jobbing at 4447c.
K(5(1S The market ruled firm, with demand
resdlly absorbing tho offerings of desirable atock.
Quotations: In free esses, nearby extra, 42c
per dox.: nearby firsts. 411.70 por standard case:
nearby current retelpts. ill 40 per case; west,
em extra 43c per doi.t extra flrsts. 411.70 per
case; Urate, til 40 per caae: refrigerator egga,
extra. 110.03 per case; flrsts. 10 30(19,00 per
case, seconds, Sft 234t8.H3 per case; candled
egga jobbing at 404?B0o per dozen.
Cllf:iCSK orferlnga were light and the mar
ket ruled Arm with demand fair. Quotations;
New York, full cream, fancy, U.IHe: do. do. fair
to good. 22H (if 23c; do, part skims. 120110c,
POULTRY
I.IVE The market ruled firm under light
offerings nnd a fair demand and prices of fowls
and chickens advanced le, 1'nllowlng are the quo
tations; fowls, as to quality. lttfMhc: roost,
ers, 1314c; spring chickens, according to qusl
Ity, IOmIRc; White leghorns, according to nuat.
Ity. lB(M7c: ducks, as to quality, luOlRc;
turkes, 22i!S4c; fleese, 150l7c; pigeons old,
per nslr 2iff2Hc; do, young, per pair. lHW22c.
DIIKSHKI) The msrket was quiet and prices
of rnwls further declined He. Following are tire
7uotatlona:: Kresh'ktlled, dryptcked turkes,
ancy. largv. spring. 27CP28c; do, do. do. 294
30c common, .2w.3c; fowls, 12 to box, dry
picked, fancy selected. 22Hc; do. weighing 4U
(15 lbs. apiece. 22c: do. welghlmr 4 lbs. anleee.
21ci do weighing SV4 Jlui. apiece, 20c; do. weigh-
e, utiii'c; rowis. in nois., ire-
24
27
SO
22
221
"ft
oa
63 ft
15ft
05ft
108
14
78ft
107ft
08ft
"9ft
161
148
83
26
24 1
28 1
BO 3
124ft 1ft
61 ft
zz
221
17ft ft
4)
a
52
63 Vi
16ft
03ft ft
108 lft
14
70ft 3
110
08ft ft
110ft ft
163 ft ft
148
f f 4)
25
124
13
26
ft
4 ft
ft
ft
60ft ft
78ft lft
U H Hteel it4 ltft lt3ft IVi
119 116ft 119 3
Utah Copper
Utah Seo". 19ft iat
Va Car Chem .... 46 44ft
Va Coal Ir ft Coke 65 65
Wabash .,..,..,. 16 16ft
do pref A 66ft soft
do pref D , ..,. 39ft 80ft
Western Union ,,103 103
Westlnghousa Kleo Sft 81ft
West Maryland .. sift 37
Whlta Motor .... 56 SSft
Wheel ft V K 2d pf 3 3
Willys Overland., lav; I6i
do pref 100ft osft
Wisconsin Central ft ft 61
18ft
4 1
86 1
15ft ft
66ft
30ft ft
103 ft
4ft ft
37ft
5ft ft
4 t
7ft lft
09 ft 3
S2ft
with
aflfegerSaCKB
BANK CUUKIKOe
iMUteM tester ,,tBMgUfitt miAk tutaw I
IWlnl alMsHif
lni t II. ai ai Iaa
suss a isf-. si'ivv'e 8 1 irii'i lunisi 111 uuio,,
packed, fancy, dry-picked, weighing 44 OS lbs.
aim over ariece. .ic; qo, weimng 108, apiece,
2(le: no. atrinMer elcee lllffBIH,., Al,l wvu.(.r
dry-plckrd, 10c: roasting chickens, western,
weighing; 8 lbs. nnd over per pair. SSe weighing
SW7 lbs. per pair. 22c: weighing 84 lbs.. 24t
25c: chickens, weighing 0WBV4 lbs. per pair. 20
021c, , do mixed sixes, 21 it'SJa; broilers. Jersey,
fsney. 80032c; do other nearby, weighing SW4
lbs. per pair. 28 30c; do. do, smaller sizes, 2(1 1
27c; ducks nearby, spring. 22024ct do, west,
em, 18020c, squabs, white, weighing 1KM2
lbs. per not.. 3.7Btn, do. do, do. 9OI0 Iba.
KZa"!j 44.83W8.B0, do, do. do. 8 Ilia per dox ,
(404,85: do, do. do, 7 lbs. wr dox, 13. toys. 75
do. do, do BO0V4 lbs per dox., I2.7BW2.90;
dark, f2.B0O2.90; small and No. 2, OOcUII.23,
FRESH FRUITS
There waa little trading, but prices generally
were stesdlly held on choice stock, Quotations:
?T.".' J"' Ml. Jonathan. 44. 6005; Ulush,
304i arlmes' Clolden, 4.fl05; Hmokehouse,
3.S0O4: Alexander. IV.B0O3.25i Wealthy. 3
, 78 1 lien Davis. ,2,2302.75! fair to good. II. BU
W." 30. Apples, Delaware and Maryland per
hamper Kancy. 73cOlli fair to good, 40060c.
Quinces. New York, per bbl. No. 1. I304; No.
t IJO2.B0. Quinces. New York, per lush.. 7Bo
f 11.23, lemons, per box, I544S 60 Orangra,
li'ifi'l'L fr crate Drlght. 18.6004: ruaaet,
13 7BOS. 'drapefrult, Florida, per crate. IS.M
08.60. Cranberrlea, Cape Cod, Mr bbl.. I343
0.50; do, do. per crate, 1202,40; do, Jsraey,
dark. ir rrafg, 1202,40; do. do, light, per
crate. I1.B0O2. Tears, New York, per bush.,
hamper Meckel. II 782: Bheldon. II.50O3)
Ilartlett No. i. 1 2B01.75; do, No. S, BOo.
Tears. New York. Ilartlett, per bbl J3O4.B0.
P.r.,:r.? Nw York, per 4-lb. bashst Concord,
16018c: Niagara, 17019a. Oranes, New York,
oSOBS basket Concord. 5506Jei Niagara.
VEGETABLES
The general market wag nulet and barely
?;( rtln moaeraie uui ample oneringa. tjuota.
lions: white tmtatoea. per buah.. l'ennsylyanla,
cholcs. I1.03O1 75, New York, choice. ll.tniN
1 OB white potatoes, Jersey, per baskst. 90c O
11.10) kweet potatoes Ksstern Hhore, per bbl.,
No. 1. I2.29(1!7B! No 9. II Ml am .w..l ruL
!.23
leiaware and Maryland, per hamper,
wm( tvi(.lMi .f.ruw. n.e K..tr.
No. 1. tt0U7uci No. 2. 2303301 onions, per 100.
'". . " i a-PUUB.JOt no. z, Sl.TDf'i
rabbags, Ianlah, per ton, I404H3I domestic,
per ton. 188040
O0O75CI sweet
Charles J. Bender & Co.
INVESTMENT BONDS
Members Philadelphia Stock Bxcbaose
NORTH AMERICAN BLDC.
MUIIJIINQ ABHOCIAT10N8
AT MEKTINO KKYMTONK HAIX. B. B. COR.
lltU and Columbia are.. Tuea4aV srsnlog,
NsjesBbee 14. Ke.olule Hutlalng a4ftoan Assoi
alck.
It meaths,
Mill open for suUcrlptlen a uw series
atha l' luf" sloe
t.
THOUAB Jt WKNTZ. Bwlw
IXiUUfiV
Sales in Philadelphia
620 Allls ChaJ,'
Net
Lew. Close. chs.
S3 33 1
100 Acme T pf 98 98 98
101 Am Ilys pf 97ft 07ft 97ft ft
10 Anno. Cop. 101ft 101ft 101ft lft
10 D trfi t o, II S3 83 1
10 C It 1 A P 34ft 34ft 34ft lft
ss J.ieo mor. 70ft 70ft
10 Krle 37ft 37ft
200 Int Nick ct 61ft Sift
67 Ins Co N A 27 87
' 80 Intplr Cop 69 9
1770 Lk Hup C. 27ft 36ft
177 Ieh Nav.. 61ft 80ft
113 lesh Valler 83ft 88ft
40 la V Tr pf 48 48
210 Nev Cons. 37ft 26ft
286 I'enna II It 67ft 87ft
10 Pa Salt M. 9ft 09ft
25 Phlla Co.. 42ft 43ft
93 do cum pf 40 40ft
186 Phlla laeo 39ft 29ft
12446 PUT tr cfa 26 38ft
100 Phlla Troo 80 80
loo liar Cons. 31ft sift
160 Ileadtng... 107 ft 107
110 Ho llwy .. 36ft 38
466 Ton Hel... 4 11-16 4ft
1345 Union Trao,47 46ft
260 Un O Imp. 92ft 93ft
0 Un C N J. 335 335
3324 U B Steel. 134 183ft 132ft ft
10 Utah Cop. 117ft 117ft 117ft lft
10 War Ir A BIO 10 10
1388 Cramp ft 8 36 84 85ft 3ft
30 York Ily pf 36ft 86ft 36ft
..T.1,A' .'. 22,667 shares, compared with
27,670 aharea last Matertlayi this week, 321,648
share! laet week, 311,047 aharea.
76ft
37 ft
Sift ft
f 7
69
37 ft
80 ft lft
83ft 1
41
tOi
87ft ft
99ft ft
48ft ft
40ft ft
29
26 ft
60 .. ..
Sift -flft
107 lft
38ft ft
4 ft
46ft ft
93ft
385
IIOND8
man. iw. close.
Net
chge.
85000 Altoona A
Log 4 Vis 90 89 00
1000 Clec ft Peo
Tr 4s .. 81ft 81ft 81ft ft
2000 Int Ilys 4 s 87 ft 87 ft 87 ft ft
suuo i.k aup ino
4 49
loooo Leh Neons
4fts ...102ft
4000 Leh V cons
4 Ms '03.100
S000 Nat P Co
4-fis ... 88 68 68 ft
10000 Phlla Co
cons Cs. 90ft 90ft 00ft
1000 Rend gn 4s 06ft 95ft 93ft
2000 Un Ilwys
t O 4s... 72 72 72
3000 do Inv Es 76 78 78
48ft 49 lft
102ft 102 ft
100ft 100 ft
ft
TRANSIT CERTIFICATES REACH 26
IN TRADING ON LOCAL EXCHj
Another New High Mark Since 1913 Is Established-!
falo and Susquehanna Common Advances
to Best of Year
Philadelphia Ilapld Transit trust certi
ficates again furnished the feature In the
trading on the Philadelphia Stock Hxchange
In the two-hour session today, being the
most active and advancing to another new
high mark since 1213. More than 12,400
shares had changed hands before the close
and the price reached 26, a half above the
Jlnal of yesterdsy. Union Traction was
also active, but at a fractional decline.
Aside from reports that ths earnings are
counting on a good renle, as compared with
the corresponding period of last year, and
that It Is expected that a favorable agree
ment will bo reached between the com
pany and tho city, there was no news In
the Street to account for the strength.
Next In point of activity In tho local
.fKela P,nn,n Dl(hl...i,j..
m.w.na n W ,,, uuipuuuainr. rnaa 1
1300 shares of this Issue ...... 'J
tape during ths session. Th. .
vanced 3 points to 86, but at this iMa?
frwlr wni nut nut V, 4.1. ."""el
to take profits and there waa 2.1
81, a gain of 1 point being malntawH
IlufTalo and Sunniiahan. "
e ti.m tilfrt, ste f. !. . . "- 1
.. .,. ,i. ....,. mo year bela,
end of the first hour, selling up toi
n .rain nt twtlvit fpnm .1.. .
.. ...... w. .. ,,-.... mviii ,,is previous i
Stocks In the majority of !
snowca aecunes at the end hf iilT
...a v w cniini in view a
easier tone In the New Tork market.'
W.M. ituniicin nnj I'runounCeU Wf
however, but there waa a seneeei
lion In the Street to get out of the '
over uio ween-crm.
Total sales. 151.000, compared with 336,100
lset riaturdayi this week,
tool ,vw,
sm.VOOi last week.
Local Bid and Asked
llaMwIn
Hrlll J a
Uult A HUSq t 0.
do pref t o
Klec mora re , ,
Urn Asphalt .,,
do pref
Keyaton Telephonn,, ,
do t c. ,
do pref (
Iak a up Corp ,
Ihlifh Nav ,
Ihlgh Valler
Ihlgh Valley Tr....,
do pref. . ,
Penna ..............
Thlla Hteo
I'M la Co
do 0 per cent pref
do 0 per cent pref.
Phlla IiTtc
Ileadlnjr ,
Too Del
Tonopah Mlnlna; , ...
Union '1 Taction
t; o i
V H iSteel ,
York Hwy ,
do pref
Wm Cramp t c
n
Todaya Yesterdara
nid, Aaked. lltd. Aaked.
SStt SO S7 hH
80 3S 3(1 38
0.' 04 0.' 01
00 111 00 111
70., 70J4 70 7U
son aij? son si
71H T1H 71 72
13 14 1-2S 14
13 , 14 lC 14
7ft SH 87fi OkW
SOS 2 27 2lC
si S2,, stw saS
Sir i Sfe
K 4.H 42 43"
57j r.7j; 67, f,7'4
2JS 20i 2US -M
41H 42 42 42(t
87 3H S7 8M
aojt 40S 4IIH 41
.23 2(1 23 23U
107i 101.. 108 100U
i 4 4k 44.
I ft nu
i?..
S6
(11
.. a l.io n
. 4ajl 4 47
. 92H 92S 92U
.122. 122 128J
. lav; M itZ
. 811 3(1V4 mil?
30H
BU
DIVIDENDS DECLARED
National Illacult Company regular quarterly
ot lt per cent ontho preferred and 1 on the
common. The preferred dlldend Is payable No
vember 29 to atock of record November 14. and
the common on January IS to atock of record
December 12. Hooka do not close. ".
(.umberiana l'lpe l.lne Company regular
nu.i ui. a n snare, payanio Dorember 18 m
.inn ... r, ,,, rTIJCr
1.
HUDDZee Hindi. 1(Mw,M rAmnan ......lu
of 2k per cent on the common stock, paynbls
November IB.
ltomrstake Mining Company regular monthly
2?dCN1o'v".mPbVra2l.ttJ:'V'mbtr '" ,ock r '"
NEW YORK BUTTER AND EGGS
BNRy'KY0RJf ?ov- 11- nuTTnn Receipts.
48?5,A'i,,"- "t'ady. Quotations unchanged
KOC18 necelpta. S310 cases Kreali. steady
to nrm. Storage steady, other sradea unchanged
GOOD BUYING MAKES
WHEAT PRldES SOAR
Advices From Argentina Con
tinue Unfavorable European
Requirements Are Heavy
CHICAGO, Nov. 11. There was good
buying of wheat today nnd the market
developed strength after displaying some
nervousness nt the Immediate opening. All
offerings were absorbed readily.
December opened at S1.88i to J1.88W.
against J1.S8H nt the end yesterday, nnd
sold up to $1.89: Mny started nt I1.92H
to S1.91;. compared with U.92H, yester-
dny a last price, nnd rose to 81.93 HI July
ranged from J1.6GU to Jl.o64 ot the out
set, against 11.67 at the close yesterday and
ndvanced to 11.69.
Tho market nt Liverpool was dull. Ad
vices from Argentina remained unfavorable,
the weather there being clear and warm,
except In the south, where there was heavy
front In some places,
Tho requirements of IJuropo ore heavy
with reserves moderate. British officials
have been free buyers and are satisfying
the demands from mllVrs.
Further bullish reports from Argentina
nnd additional gains at Liverpool resulted
In good buying of corn, which was firm.
The Continent Is absorbing, with American
grades In good demand. The rccclptsomere
today were 178 cars.
Leading futures ranged as follows;
TeaMev'a
i,ri, v,i,tii, man. i,ow. uioee
I'eccmuer... l.nit 1,110 1.HTHT1.KI)
May 1.924 1.II4U l.lllii 1.113
July........ l.BHVi 1.6U l.Sdii l.BH
torn inew oenery
close.
V, l.BSH
Iecember..
May
July
Oats
December.
May
Lard
December. January. ..
May
Hlbs
January. ..
May
l'ork
December. .
January. . .
May
Bid. fAsked. INomlnal.
9.14
l).-,'i
Bi'A
COS
O0V4
17.20
10.32
10.32
14.77
ns
90S
oon
37
O0T4
17.22
10.07
10.37
14.77
14.80
93
90S
904
137
f OOTt
924
D4S
94S
r,n
oo
EXPECT HIGHER
PRICES FOR STI
Buying Is on Larger Scale I
miums Are Being
Paid
17.02 tl7.1S 17.80
10.40 10.33 flA.OO
10.42 10.30 tlO.03
14.87 14.72 14. SO
14.07 114.77 114.00
27.90 27.93 27.00 127.93 27.00
27. HO 27.KS 27.43 t27.R3 2A.00
27.K3 27.7(1 27.42 27.70 28.00
FOREIGN EXCHANGE
NEW YOIIK. Nov. 11. The feature of
the foreign exchange market In the early
dealings today was a further decline In Ilus
slnn exchange, for which the only explana
tion waa advanced relative to the Bite of
the Impending new loan In this country.
Iluble cables were quoted at 29,50 nnd
checks at 29.40.
quotations: Demand sterling 4.7B 11-16,
cables 4.76 7-16; 60-day bills 4,71. 90
da bills 4.69H ; franc cables 5.83VJ, checks
6.84 Hi rclchsmnrk cables 69 13-16, checks
9i 1 lire cables G.64H. checks 6.66;
Swiss cables 50,22. checks 50.23: Vienna
cables 1L88, checks 11.87; pesetas cables
", tiictnn iu.oo; Kroner Scandinavian
cables 28.40, checks 28.35; guilders cables
40Ti plus 1-16, checks 40 13-16.
The greatest activity sines the
movement In the steel trade started uTi
ncro. rnccs aro snowing increasing 1
of moving toward even higher levels a.
the sharp advances already made, as3i
buying. If anything, la larger than u i
been heretofore. Foreign countries artil
iui8 iirs mo iiicvui. ana aomeatk i
nuiucra urn uihu inKinfT wnftlerer qUtei
the manufneturera are wltMntr to bolS
av a ...s. .... a..u UVIIip. VIU BJ DUTlMii
tnsln1la tiMitneila 4a aW . U
with mill cnpaclty to let out. and bldlf
abroad aro con nid tr ably above th .m.
quoted levels. "Whllo foreign at wtO
(Tbmeatla intern nr mirriSitain .a...l?tfl
I Via nr.ttil.aH nrnrlnsl. I I. H ... .lfj
ahlp Bteel waa tho leader durlnr thiA
week" . M
NEW YORK COFFEE MARKET?
NEW YORK. Nov. 11. The msrkefai
coffee futures opened 2 to 4 points leies
iw"j' iuiB un ino can was sn
with sales amounting to 46,500 ban..'
November.
December ..
January
February, . . .
March
April
Mny.-
June... ...
July
August
Heplember.
October
Did.
Total sales,
nAinD. Nov. s irAnnv r. .n . 1... ,
P, and I'rioebe A. Ilalrd. In 61st yearr neuM
and frlenda, Washington Camp, No. 270 Pi
H. of A Invited to funeral servlcee. Ban. ii
m., parlors of Bavld Q. Prankendeld Sonj.ll
N. B2d at. Int. Fernwood Cem. Rtmalu nl
be viewed Sat. eve. . iT
IIAnilKTT. At Almonesson. N. J., Not1!
EDWARD 8.. son of llandolph and Ella bans
Itelatlves and friends. Camden Lodge. No.
I. O. p M.: Star of the Union Council. VI
V. A. M.. of Camden, and Camden Lodge il 1
of P., Invited to funeral, father'areatanl
Almoneaaon, N. J., Mon , 10 a. nu Seegai
and Int. M. E. Church, Magnolia, N. J.. IVI
m. nemalna may be viewed Bun., 7 to S a d
Auto funeral, f
KAltllV Vn. B Kiev .!. .. v.JlT
llnrry (nee Hulilva'n). Ilelatlvea and (39
inviieii 10 lunerni. Ainn.. 03U a. m.. 1711
st. Solemn high requiem mass Cathedral
in. int. iioiy cross cem. .jssi
MWl? XnM.nlv Wav O T Win W JTJ-
late William and Margaret' lleck, at lata 1
aence, soo usage avo. duo notice 01 j
given.
IlEDFOnD. Nov. 0. ALONZO. huat
Charlotte Bedford nee Law), aged S3,
I. O, It. M. ! Tonguwa Council, No. t. b. i
employes of Allen Ollmore. Invited to ft
services. Mon.. 1 p. m.. residence of son-Is
8. Hammet. 4147 N. 7th st. Int. Hillside (
uemains may 09 viewea sun., alter
Auto funeral,
Additional Death Netlces on Net rani
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Chalmers Motor Corporation
(Incorporated Under The Laws of The State of New York)
Authorized 600,000 Shares, No Par Value
No Bonds No Preferred Stock
To be offered for Public Subscription, 264,000 shares
PRODUCTION: Production
25,000 cars per annum.
produced during the yer 1917.
is at present running at the rate of
It is estimated that 80,000 cars will bo
EARNINGS: Current earnings are running at thajrate of $2,500,000
Tier annum, or nnnrnv mnto H k At i ., Viuuwiuuv
FINANCES: The i new company will have no bonds or preferred'stock
. and no liabilities except strictly current accounts. The net asseS
of the company, exclusive of good will, patents, trade-mSsTetc
as of November 1st 1916, wjirbe more than S13.BOO.OOo! or a
book value equivalent to 85 of the subscription price.
The net proceeds from the sale of the 264,000 shares above stated
will go directly back into tho treasury of th comnZ nnffi
outstanding preferred stock of the (SlilmeS ! klotorTompairy?
Michigan, will be retired at its redemption price. ompany' or
DIVIDENDS: It is pxpected that the new company will inaugurate a
dividend policy on January 1st 1917 nt tho f "i o -bringing
a yield of abouAJ 'on & a shSre f ?3 Per an"Um'
f
MANAGEMENT: The same management which has brought tha old
SKiSi EBMrstS SI Z$sFfr&
The information above stated is taknn i ,t t .. .
Mr. Hugh Chalmers, President of the VhJmeVs iSLTr lttter .?" ,? V
from the statements furnished ut lMitmMvi..C'iV?9rati and in Part
have examined the drnpanyS tooJt. T&&cSok ComnV, who
a fUlil ubicriPlion t $35 a share wiU be received bv ihs
Syndicate Manager commencing in t,. " ' " J rc"IVee4
m i nu mir r. s . a, m, on l nursrJsiv.
ngviiuuw 7ui, ibid, uiurrinfmn kJ.
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Syndicate Managers.
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