M
EVENING LEDGER-PHILADELPHIA, WEDNESDAY, NOVEMBER 22, 191G
16
mi !".
"-
we - -
W'-
i 'iw'i
fr ..
fe
s
'"'n1
1
&
SO- .
j : ?
; - t
u : t '
:-&.
?F;K frfcr
J
U.
m-m
r I j.
If' I
Hi
a .
r
FINANCIAL NEWS
TRADERS ON SHORT SIDE OF MARKET
MEET WITH VERY LITTLE RESISTANCE
Raids Are Made on Numerous Groups of Stocks at Fre
, qUent Intervals During Day Railroads Go Up When
Adamson "Law Is Declared Unconstitutional
s - - NEW YOllK, Nov. 22.
The chief feature of, tlio Block market today yma tlio display of bonrlnli
confidence bj tho professional speculative clement on tlio floor and outsldo of
the Exchange. Thoso who linVo liecn, persistently committed to tho sliort side
met with little rcilatnnce when raids were made on various groups ot stocks
at frequent Intervals during the day.
Tho first of thoso raids followed an Incorrect nnngtincement by one news
agoncy that Judgo Hook had dismissed the Injunction against the operation of
tho Adamson law, but later, when It becamo known that tho court regarded tlio
eight-hour law as unconstitutional, tho railroad stocks developed pronounced
strength, with many of them moving up 2 points, and there was n sharp scramble
of the shorta to cover.
This expression of opinion In tho first test suit had pronounced Influenco
.on' tho trading' on railroad Blocks generally and mado thoso Issues the most
'prominent features of the market In tlio lata afternoon.
Later submarine activities, Including the sinking of a hospital ship In tho
Allied Governments' service, gave another opportunity for the exertion of bear
pressure and lato In the day the Mexican situation was used as h reason for
offering down Mexican Petroleum more than 2 points. Group nftcr group In
tho market, however, adjusted itself In such n manner that tho bear efforts lost
their force nnd In the late trading there was n display of strength In nearly all tho
Important Issues.
Tho copper stocks appenred to bo waiting for tho next expression of tho
Guggenheim will. Many of the commission house cllcntn who had bought copper
stocks on tho sharp advances at tho end of Inst week sold today and took their
losses, and it Is n. natural assumption that following this liquidation the con
trolling Interests In tho copper stocks will make another bullish demonstration.
United States Steol common followed tho course of tho news developments, show
ing strength at tho start, then declining 2 points when tho midday raid occurred
Mid recovered part of Its loss In tho Into trading.
The bond market was directly Inlluonccd by thd'movemont of stock price.
Thero was heavy trading In Chill 7s again at prices ranging from MIS to 143,
and Chesapeake and Ohio 4W and Luckiiwnnnn Steel Us wero nlso prominent.
New York Centrnl 4s wero nctlvo and moved up about 1 point.
Cincinnati, New Orleans nnil Texas Pnys Larger Dividend
CINCINNATI, Nov. 22. Tho Cincinnati, Now Orleans and Texas -Pacific Kail.
way has doclarcd Its regular quarterly dividend of 1U per cent on tho preferred
stock, tho regular semlnnnunl dividend of 3 per cent and 3 per cent extra on
tho common stock, nil payablo December 12 to stock of record December 1. Tho
lost previous extra dividend on tho common stock was 214 per cent, doclnred on
May 23.
$3,000,000 Gold Withdrawn Tor Export
NEW YOniC Nov. 22. United States gold coin to the amount of $3,000,000
has been withdrawn from tho Subtrcnsury. Of this sum only $300,000 Is des
lgnntcd ns for shipment to South America, but It Is understood that tho with
drawals aro In ndvnnco ot tho steamers sailing toward tho end yt tho week for
Argenllnn. Thero remained nbout $2,000,000 to bo withdrawn to fill the balnnco
of tho $5,000,000 arranged for export for Argentina nt the boginnlng of thla week.
LARGE OFFERINGS
MAKE COTTON WEAK
Decline Follows Early Rise Re
sulting From Favorable
Liverpool Cables
COTTON 11KI.T WKATIIKIl CONDITIONS
NEIV YOUK, Nov. S3. The fnllonlii
tvmixrnturr were rrcordi-tf In the- rottoii
belt tlili mnriilnsi ltuldsli, unci Oklahoma
-ft. i.l Al.lf.kn.,. SHi Mniiiffnmi-rr. Knox
Title nnd Wilmington. 40 llej Kin unci Hilli
Antonio. 43t Fort Nmlth and Atlanta. 4U
Nnfthillle and .Mtrld-
Chuttnnootu, lllrmlngliam, .Maeon. Aurunta
nnd TliDmaitille. 4C. NnhilUe nnd .un
Ian, Mi Cariiua Chrliitl. 51! riiiirlrataii, rio
1 vnnnali nnd Jnck.nmlltp. siti Tnmpii, B8i
l'rn.uroln, Hhrevrtwrt nnd .Mobile, OOi Vlcka
burc nnd Menuihla, 03 1 (lulventon, Oil Jiew
Orleans. 08. ... . .. .,
Ihere wuV .01 Inrh of iirrrhiltatlon nt
Cortina fhrlatl. .OH Inrh nt .MemplilH. .80
Inrh at Utile ltork. ,K0 Inrh nt (intimton,
1.48 Indira nt Oklahoma City nnd I ort
Hmllli. 1.48 Inrhrn at Han Antonio and
1.78 Inches nt Nhretrnort.
NEW YORK, Nov. 22. BuslneHS was
materially smaller on the caU at tlio opening
In the cotton market this morning, Influ
enced by favorable Liverpool cablos, tho
tone was firm, with prices 5 to IB points
net higher.
Liverpool was a good buyer In this mar
ket, and prominent room operators also
purchased, while Wall street nnd commis
sion houses sold. A moderate demand came
from New Orleans,
After the early demand was supplied, the
market eased oft under larger offerings,
and at the end of tho first ten mlnutci of
trading prices wrre 7 to 10 points under
the initial levels.
After the early brenk to 20.52c for Janu
ary, or about 12 points from Inst night's
close and 60 points under the high record
of yesterday morning, the market rallied 10
or l.pobits on covoring and a renewal ot
bull support. The tone remained very nerv
ous,, however, and prices cased off again
later under renewed liquidation.
Later In the afternoon the market be
came weak under Wall btrcct unit other
liquidation due to a sharp rise In Marino
Insurance rates. Prices shortly after 2
o'clock were off about $2 a bale from yea-,
terdny's close and $5 a bale from tho high
point ot Tuesday.
Numerous stop orders were uncovered on
the setback.
Every little bulgo seemed to meet in
creased liquidation and tho market
weakened again early In the noon hour with
active months making new low ground for
the movement.
January contracts sold oft to 2Q.47o and
May to 20.000 or 1! to 17 points net lower
and about 52 to 65 points under the open
ing prlco of yesterday morning.
New York Bond Sales
llllinil Alnakii a cv (In W A
l7r.(HKi Anirln-Pr a
i-.'iioo Anier KorelKti Hi-e r.s.
...... jwurr niucil nrc . , liru?
Anier Tel ell la UJS
ilu rvt 44s 1DUK
l'J
in;:
. . . HlltZ
. . . 111., v.
III. H7'i
.... nils
1M1U
Hll'i
I'llii.
. 112 'A
. till
. N71
. tn:i
.locin
lllll
. Hll'i
Urn
. H07i
. (HI
lliU'i
.117
. 1 15
. -
. JIUS.
Tea, cloae. Open, llluh. Xow cloae.
Otcampor :ai..i 'm.m uii.ii uii.io L'aui
January ... 20.117 2U.7.' 20.77 20.21 2U.4X.
March 2.R.'i I'll. Oil 2U.U7 ,211.11 211.711
Mar Sl.OJ 21.17 21.17 '2O.H0 2II.MI
July 21,113 21.13 21.14 211. Ml 30.R1
CUlober 1H.KI 1B.H3 1H.B7 lU.'OO 18,79
Spar 20.73 ,.. 2.0.3(1
Liverpool Cotton
LIVERPOOL, Nov. 22. Spot cotton to
day, was in moderate demand, and 14 paints
' lower, on the basis of 12.39d for mid-upland.
The sales aggregated 7000 hales. In
cluding 5000 bales American. The- imports
were 26,000 bales, all American. The mar
ket for futures closed quiet but steady at a
net decline of 4 to 8 points.
Cotton Iluyera and Sellers
- NRW YORK. Nov. J2. tecember Schili
andiHess bought ; ltyman and Ilentz sold,
January Ileisensteln, Danhford, Hart
corn,' Shtll, Waters and Mitchell bought;
Lowensteln, Mohr, Dlckersoa and Wilson
"sold. ,
February Hagedorn, Orvls. Schili. Dart
lett and It. Ilubbard bougtti Cone, Wlggln,
Ituisell, Flinn; Newman, Wilson and Schley
oIcL.
March Downs, Kelffer. Waters, Wenman
and Itountree bought; Hagedorn. Oifford,
Newman, Cardoza. Brocks and WlUon sold.
July Downs. Waters, Ilartooni, Mitchell,
Hew and Sellar bought ; Bashford. Oifford.
Itosenberr, II. Ilubbard and Slack sold.
October Yqung and R. Hubbard bought 1
IVewman, Henti, VVIgsIn and Fredertckson
sold,
ChlIJa to Pay Extra pivldciid
NKW YORK, Nov. JV-Oiflds have de
clared the regular quarterly dividend of 1 14
pr sent on the pttterrei Uiek, 4 per cent
at tlie coiiunon itocjs and aa extra of H
pr at or th oomiawn, afl payable De
iwa4ar H to 44c Q rt6 December 2.
MM
. ln
inch.
, iir,
. IIMU
101,11
........ .-:- :-"-.-".-' "" -"..
i IIMKF
IHMI
UUOO Anur Tnlwi. nntv ll
4.1(1110 Amer Writ I!an ra
Union Armour Co -(tin .
2:1.1(1(111 Atrhlaon Ren 4a . .
2.1IIIHI do ndl 4a.....
lll'lll (In cv 4a 11)11(1 . .
I (ion Atlnn Co I .In clt
limn Halt t, Ohio 3Vm
3100(1 lo 3a
ll.lllll ilo 4a
17HIIO fl,i rv IB" ,
llKlllll IliO 1 UllAWV 4a.
2IHIII I loth title 1st n. .
nuuil lllin ll.in Tr n HUH
lllilllll C1111 Umt :. 11121..
1111(111 1I0 1II2II
401111 do mat
JliuiHI r O C Ken 4a
.lSUOil Cent On Slid ,1a ...
11001) Out I.enlhT lat .la
2ll(HI Cent 11 II N J .In ..
lasntio Chill Conner 7...
3000 Chea H Ohio cv IVia
22IHIII do lliiH
1211)011 do ronv 3a
211(1011 Chl (It Weal la. . . ,
innon Chl II . Q Joint 4a
1.11)0(1 do sen U
:IU0() C M & .St I illv la
1111110 do ci 3h
2(1(10 do CV 4yjH... ..
30(111 do Rrn 4 a
IKOOO Chl H I A P 4a. .
KIHIIII 1I0 rfd 4a
17H0IMI do 3a
10100(1 1I1) 3a ct ono aUl
31000 do Ark 4Vta
3001) Chlneaa rcta ri . .
1411.1(10 I'lty nf I'nrla lla
(100(1 Con Qna cv (la... .
2000 Cumlwrlaml Ti4 3a.
loon Del A Hud rfd 4a...
10011 Hen A Klo Or 4a
2.100(1 do rfd Sa
120(10 Dla rVcur Corp 3a. . ,
2000 Ilrlo eon la..
1011(1 do cv la Mrr A ..
S20(iii do conv 4a Her I).
1400(1 do prior la
IS01111 (Iranl.y Co Htn (la...
"OHO (It 1'nlla Power .la.
KIOil Oen V.lrc deli Ca ,,.,
loon Great Nnr lat Ba...
7000 I lu.l A Mnn In 3s.
1300(1 dn rfd Sa ,.,....,
lllliKI 111 Ktecl ileh 4tja...
10(1(1 Indiana fltfol 3a...,
3(1000 Ml Cant rfd 4a,,,.,
Kino IntcrU Mel 4',a.,,
310011 Intcrh It T rrf 3a..
301111 Inter 11 t .Mnr da, .
2000 Internl Paper Ba,,,,
3000 do (la , , . . .
.',(10(1 Jap new U H 4Kb.!
,101111 K O Kt H 4 M 4a..,
10(100 do da . ,
100(1 hrx t, K 3a
200(1 Uickn Hleel Ba 1023.
11)11(1(11) do 11)311....
3IHIII Laclede (laH lat 3a.
1000 I.k 8h iltli 4a 1U31 ..
100(1 Ih Val 4a ....
100(1 Ixjrlllurd Sa
r.OOO do 7a
1400(1 Iiula A Naah 4a
2001) Minn Ht I, 4a.
70(10 Mo Pae w I 4a..
100(1 Mo Pao col ct 3a 1017 103
KHiim Mont i'ower na..,.. mi
soon N T Conn Ilwy 4H
8000 Nat Tubo Ba
3IIIIU N Y Air llrake cvt 0s. lllll
120(10 ,vrci Hud fla 114
220UII do 4a II3U
1300(1 dn 4lia D.l'li
20000 da con 4a .. ...... RdH
loon N r City 4Ha 111(10. .1 (IMS
I2000 da 4Ha 10113 tin,
400(1 do 4Ua 11)11.1 Illli
101100 no 4 ',4 a war lUM.-lld
1IHMI
2000
10(1(1
TTIIIHI
4(10(1 N Y IV C II 44 a.. 73U
S0OO Nor I Weal Poch 4. 0(1
imilKI Nor Pac prior 4 . . 1)1
Slum) da cn 3a 117
2S00O Ore Short h ret 4a. . . en
.iiiiiii ao Da 1111
Boon Ors t 17 II t N ll . 83
'OIU1 Renub Cutvt 3a 101 1
1(1000 do Sa 1004 . . .
SHOOO rtep Ir Bl Ba . .
2000 Hlo Or ft W clt la
STOfin Ht I. 4 8 F In wi .
7000 do ill W
37000 da Per A it I ...
HOIHI dn Her II w I
anflO tn 1. gwn con 4a .
14000 dn Ba
1000 Ht l il b M lat 4a
IL'lHllf
I.nw. Cloae.
H.I H.I
imjt iih',
111) llliji
loos tnuH
121)
1"
111K
H(l
10.1
Sltt
lilt
H7S
103 V
liioH
Hint
l) ii;
111!
80
(III
101
IMS
7I4
111),
II I '.
1)3
1113 Vi
lllll'A 11)014
1(I2(S- 1II2W
UK
K3H HSK
12(1
111
111J,
in.
SHU
10.1
ill.
1111
H7
1II3V
1O0U
Km
H'JS
1(1(1
h(l"4
no
(1:1
1'2
113H
7-IH
HI)
114
1111
1113.
. 711
. 71
. 7I'
If'
." 1INU
.123lJ
.101
. mi
. HUi
. 71
. 72
, 74
! HH
. H.1i
. Hli
.112
.KltT.
.107
.KlO'.i
. 2
. 71
. 11.1 ?i
.104
. 02
. 72 U
Ullji
n
,. !IH
' 102
. Hl4
. 711
.iion
.111.1
.loin
. . . I
..I
... "Bit
. . . HO
...102
. . . 112
(IK!
7HH
71
71
7RI4
1.
1)75
12.1
101
III)
HUi
70V4
71
74
8S
83 U
81V4
til
llll'i
107
KKHi,
2d
7I1K
13H
1111
112
72?.
Ill)
1111".
nm,
102
HP,
71)
11 as
10:1
113'.
71'.,
Ml
jin
0.1
10.IJ4
IOoVj
102H
SH
7H'4
71.
73
7.1
II74
123
101
111!
74
H8
831
HI",
111
KIIS
107
1(10),
2(1
71
03W
mi
02
72
1)0
l)ll
1)14
102
HM,
711
ltni
10:1
niti inn; inu;
117 lin'4 lot
02 iiiih ioi
nil.
80
102
12
BUI
!( Bill
T. nut:
. nou ooI
.11124
I do 4',ia Nor 1937.. 110
N Y Dna II 6 1 4a.. HIIU
N Y N II b Jl 4a 11)30 77V4
N Y nwy ail J Ba ... fiilji
N Y Ta Ben 4Ha 0UT
k, v r r jl t, au. 9l(
1021
10(1
U3'4
l)2'
H3U
811
loavi
Hi).
nou
no
HH
77
BOU
on.
73 'i
BO
l l!
117
unH
83
,'
hC
HII
102 '
12 1
H3T4
112
iihU
103 6
mil.
00 u
10J
ion
114
a
IIIVi
80S
KlllS
111)
1101
110,
HOW
7715
SOU
.I'M
in'
tin
114
7l
lllll
10754
11.111
H IM!. U4S
4 117 1174
4 unli unit
it ln'J?
7. ndw
liuiiui ran uaa na ... ui n.l'i 1)3 u,
3000 Pacific T I 3a.. 101'i 101 101J4
1000 Pnna iract 4t4a ...102 10JJJ 102JS
2.10(1(1 do en 4Ha .. . .i(Hl 10(11 loil(I
1000 ropl'a Qaa Ba 1 02 1, 102. 102K
11U00 Ilaadlna Ran 4a...... 3"I 0.14 DSU.
ihii im-a unn
ip .0$ i8f8
sK" ilu sjjj
71K 714 711
80 8!) 89
3H tlttU AUV4
70 10. 711
null QUIZ nm.
B7H 07H (17T.
02 10IT, 111
88V4 hhh sail
10l4 lll4tj IlUti
87K 87 874
IKK
83
105.
81S
70 K
TO
Keaboard A I ad J Ba.
oa
4a.
4000 South Pell Ba 102
sutHi touin rae
AMItl H.k cv 4m
40O0 do c1' ret t l 8a.,
400(1 South Pao Term Ba
MAO (South: Rw jreo 4a
Siinno do con Sa
IttftAA Rnirl. 4 D.I
T3A0O Taxaa Co cv a, Ift-lK
11
lo ad) S 7m
W10 Da iy.
H & tf sa
BSOOO U S Bltrl IIM .
loeooa UKttou I Ba
10000 Union Pac lat 4a..
eano. Un Hwa lay Sa. .
2B000 Va KwxSa . ..'. .
110OA Va Car Cham lat Ba
oono Wabaah 2d 3a . . . .
soon Waat Md lat 4a .
12000 Waat Uoloa 4)t4 .
6000 WhaeUns & L E 4a.
.oa4 to?.
IBAOO Third Ava ref 4a
loono do aai
1000 ToMo Oa
44000 V
.I18U
so
. SDH
. 76 ?
.100
:
: 97,u
0.1
"34 USU
k unti
107.
80
?.
1
loo
7
D74
IS
oa
50 M
7
074
78
Situation In Steel Market Acute
PITTSBURtiyi. Nov. ?. The situation
tn the nemltinUhed i(tsi market la more
aeute than ever Conaumera of sheet bar
and billet. In wme lntano, have beji
forisedHlo afeut dvj departments of Their
work on aeoount of tie Inability ot manu
WM of bUIts and 4it bars to meet
Mao! jfii4u iw Maiinui iwi
MTuaiMd ptuduioB ot blikta imd aJbaWt
llu iwit -IWvl It trttuattoii to kdy
lt FrtSM r avfcjoniT
a they -aovmil up tmlar Ut K-d-
nJ iMnt) w abta.UM.4i tbut r
New York Stock Sales J
Tnt .
cloae. Hlh.
. . cioie. man.
AJm nnbber 72' 7l'
Ata.kafloldM J2H 12.'a I2lf
Alsska J Oold M 8! 8M 8
Aillj-ChalmeU Mfg..,.. 33 rJi 33M
AllU-Chal Mfe tt DO r 00
Am At Chrmleal 8.-,, 88H HSU
Am Deetsucar ,in7f H)RH 107
Am Can ...Wi n.ii ian
0m -n pr 113H 113
Am C4f A Fdr 70H 7(l!
nm uar ray pr 117
Am Cotton" Oil 525$
Am lllda & Leather 17f
Am Illdo fe r.pf 7
Am Ice Secutltlei 2HH
Am Unseed , 22J1
Am iJnwsi pf ,,, C3!j
Am Iximollre. . , 0,'llf
nm uiramoiiro pr,
Am Mall Corp'n. .
117
ran
ii
70)i
Mi
22K
rAH
!U1
..lOSJf 10SH lObM 1DSW
10 n u 11
3:00
low. P.m.
TOM 70
U.'l
8
33M
01
8H
107
0.1'f
11.1
71
117
.W.'i
1754
7ft4
2Mi
22'
f:i
til
113
71
117
r,m
r.H
70H
28
32U
u.'l
l)lf
Am fimntt a. i,.
Am Smelt & It pf .'.'
Am Bled FoumlrlM Tin: Til
Am .Sugar ilcflnlnj 11HJ, 12(1
Am To! A Tel.., l.'lOU 131
Am Woolon.. ,2M Mi
Am Wtltlnj I Pf 72 71
Am Zinc I, & Sm Olt. 02
Anaromla Cop M UaH ItKll
All Coast Unn.. I2.1U V)n
AtlOulf AWL, mif- zm 122H 122!j
aid Loco Wkj bT,H 834 83 K HUi
122. I22M H8)f II8H
nn( n no 110
CB't 1,11
117). M7U
128Jf I28f
K K
Il7f (18! i
BOX 01
lM)j OU.',
l'.'. 'ii
, 80
. 71
21
. mi
.172
Halt & Ohio
halt & Ohio pf,
Ilcthlchem Steel
llrooMrn Hap Tr...
Ilurni lirm
Iliiltn A Superior...,
Cat I'etioleum
Cal relrolciim pf...,
Canadian Pacific...
Central Lrallier
Chandler Motor
Che.i A Ohio
Chl Orrat West
Chl (Irrat Wrat pf . .
CM Mil A St I'
Col Clai A Klce
Chl It I A lac
Chile Copper
Clilno Copper
Col I'ucl A Iron....
CoriMlldatecl Gai...,
Corn l'rod Itcf
Corn Pro Itcf pf. ...
CruclWo Steel
Cruclblo Steel pf....
Cuban-Am Sugar....
Cuba Cane Sunar. ...
Cuba Canu Suirar Pf
Dcero A Co pf I),")
80f 80(
. 7,ri im
.OSf) 050
. 83!i fl
baa
o;(
2fi!i
wu
17
8054
in
030
t.')!S
mi
v.ojj
mi
17IJ
80?f
75
C.0
VMi
8014
LM
JiH
m,i
171K
Dclannro A Hudson.
I)cn A Itlo (Ir pf
Dhtlll Sec Corp'n
Dome Mines
Krlo
Krlo 1st pf ,.,
Hrlo L'ii pf
Ocn Chrmleal pf
(Jcnrral Klectric
General Molon pf
(loodrlch II F
Clranhy Conol Ml)
Orcat Northern pf .1834
0 N cfs for ore prop. . 48M
Grccno-Cananoa M
(lulf States Steel Ifi3
Illinois Cent 11)3
Insp Con Cop 7J4
...113)4 llfi'i H2!i Il;!"(
...10'J 110 109)4 112
....(17 G7)i U7H 07).
... 11!4 15)4 11)4 ll)i
... 41!f 41! 4 41)4 4 IK
... kim :i!f my, w.M
... 47!f ISJ4 17! i 48
...mi 33 32)4 32J4
...'33 33)4 .'12)4 32)4
... mit oiij; ns)4 O'J
... MJi 5SJ4 57)4 58)4
.,130 137 130)4 130J-J
... 27!. 28 25i 25)4
..109), 100J4 10S 10S
.. 88J4 fill). 871 j 87 'i
...113 li2J4 122J4 122)4
...231 2.'10 230 230
.. 73)f 73)f 70'.' 70!i
U9 09 V$H 911
U5 1)5 ll
162)4 152)4 152)4 1524
40
43
23JJJ
.17JX
5!i
42)4
110J(
181
10
12'
21
H7JJ
62)4
12)4
110
182),'
40
42!.'
62 J 4
12
110
10
42,'.'
21
37j
62)4
42
110
121)4 121
(154 2J4
5-lH
18M
07
Int Agricultural Df
Int Con Cor v t c sh.
Int Paper
Int Paper pf
Int Nick v t cfs
hit M M cofdp
Int M M pf c ot dp. .
Jewel Tea
Kelly Sprlne Tiro
Kennrcott Copper
Lacledo Gas
Lackawanna Stoel . . .
Lake Krlo A W pf ...
Lee Itubber Tire
Lltqctt A Myers of 12:
Maxwell Motors 70
Max Motors 1st pf 82
Max Motors 2d pf 60)j
May Dcpt Stores., 00
Mex Petroleum HI
Mex Petroleum pf 05
Miami Copper 47)4
Minn A St L new 3J!4
Mo Pac wt 20)4
Missouri Pacific I0)f
Mo Pac tr cfs 10)4
Mo Kan A Tows 714
Mo Kai A T pf 17'f
Montana Power OSU
Nat Knara A 8 Co ;nj
Nat Knam A S Co pf. ..KK)
Nat Lead Co 09
180) 180'.'
121 .121
71 72
11 W 108)4 110H
118 118! U8
10)4 40'1
61 53
151 163
HMJJ 105
70)4 70),
61 54
is;, is;;
CO CO
105
51
153
105
71.
6-1
18!
OS
103! 103) 103)4 1034
.. 47J4 47 40"i 40"I
. 40). 47) 40 411)4
.118)4 110),' US) 118)4
.87 87 SO SO
70 78)4 77 77
.. 59). 00)4 57)4 58
..lit 111)4 111;; III)'
..103!4 101! 101) 102
. 61 60) 601 50!
:mH 39)4
123)1
78 V.
82)4
61
mi
47lf
31!
..113
:i0!4
Nat Lead Co pf
Nev Con Cop
Now York Air llrake.
New York Central...
New York Dock
N Y Chl A St I,
N YN II AH
N Y O A West
Norfolk A Western...
North American 70)4 71'
aonncrn raciuc III!;. Ill
Ontario SUrer MI11 0 (Hf
Pacific Til A Tel 3(1 35JJ
Pan-Am Pot A T pf. . . , 08), 100
Penn Itallroad 67 57
Philadelphia Co 43 4314
Pills Coal c or dp. ,. . .12)4 43
Prrscd Sleel Car 85 85
Pullman Co.., 1 107) J07)
fly Steel Spm.'. 68)4 00,'f
ny nieei sprwes pr iu2)i I0U
OS' 39
123) 123'
75, 70
82 82
491 49),'
05)4 05)4
111! 107) 10R
013 01!.
40 40
31! 31!f
20.:
lo;,
10!
7)
17J4
!!
mi
DOIi
0S)4
114
28J4
10)4
10)4
7)1
1754
OS
;13
99),'
0!)
Ill
30)
..182)4 18.3)4 18-J
. . 107 107! 107!4
.. 17 10)4 i0Si
.. 44 42) 42 i
.. 6814 58 ' 68
.. 30)4 30;; 30)
140Jf 140)4 1395
Uiy Con Copper..
Ueailln:...,
Itepubtlc Iron A S
f-hat Ariz Cop...,,.,..
Saxon Motor
Rloss-Shef S A I..
Southern raclflc,".
33) 33)4
,108.1 ios)4
00
. 35
. 7
. 87
,100
Southern My,.., 27
00)
:n)4
71))
8b)
09)
27
07
23)
20)4
60),'
Southern Ity rf.,, 08)4
St Louis A S F w I 'Sift
St Louis southwest..,,. "7
St L Southwest pf 4814
StudebaUr Co 124 120)4
StuUMotor,, 65 07.,
'I enu Copper 24)4 21)4
Texas Co 237 238
Third Avenue.,.,,,,,... 4,9)4 49)4
Tobacco Products 63)4 54)4
TolSt L A V Pf 17) 17K
under lypowr 107 107
11U
15
.121
.103
Union Dae A Paper.
Union Da: A P new,,.
Ualted Fruit .,.
Union Pacific,.. .,,.,,.
U80 I I" A F
US Ind Alcohol
United Itys lor,
United Itys Iar pf
U 8 Itubber....,
U S Itubber lit pf....
US em II AM ,
US Sm It AM pf..,.
U G Steel Corp'n
u s steei corp'n pr,
Utah Copper.-
Utah Securities
Va-Caro Chemical..
Va Iron Coal A O. ,
Wabuh
Wabash pf A 57
Wells Farjo Exp 139
West E A M 04Jj
western fiuyiana oj
09)4
111
0)4
35U
08)4
50)4
43)i
42
83)j
107
67)
102
32)4
107
87)
331
70!
85!,'
99!
27
07.'.'
23)
20)4
60)4
121)4 120
05 05)
23) 24)j
233 233
40)4 49)5
mi C.3H
17)4 17)4
105)4 105)4
WK 14)
20!
104
10)4
7'
174
1)8!
KH
do;;
CS14
111
2S)4
IS.I
107;;
10)4
42.;
58
30!
139)4
70
111
35)
10(1
603, '
43);
42
83)4
107
5S 1
102
32)4
107!
87),
331
70)
87
09!
07 i
2d);
20h
50)4
121! 118). 118)4
102)5 102H 1021,
148! 148! 14S) 148)
o4 ?ui :u 2u
1U0H 130
12)4 12)4
20 26)4
OS C8
135 135
12H 12),
6 20
C0)5 00)5
,.112, 112); 112J4 112)4
, tvii ouil IVji 79
.. 51)4 51)i 61 51
,-127Ji 127;,' 125)4 li5H
..122 122)1 121J4 122).
120 , 122 123
20) 201 0)'
47)4 47)j 47h
CO 01 04,
16)4 15 15)4
67) 5814 67)
138 JUS' 138).
0414 OUj tW)4
-ul .0 .u
...125
... 21
.. 47H
.. 00
io,
West Unloa Tel
Wheel &I.E 1st pf 4 4.
Wheel A L E 2d pf 2J 2)
White Motor 54)4 55JZ
WUiys Orerland 37) 39)
WoolwortbF W..( 138)4 1S8
Worthlr.gton Pump ;na 3154
Worth Puinp pf a 07' 00
101H 103), 101) 1U2;,
4
2
&(!
37JS
138
31)4
01
i
in
6.)
38
138
31)4
Od
Sugar'Futurea Decline
NEW YOUK, Nov, 2. Liquidation In
November and December sent the entire list
oft sharply at the opening In sugar future
today and first prlcea thawed decline of
S to 17 points, with trading on the call ac
tive. Sales amounted to 3150 tons. Wall
street sold November freely.
Barnett Oil & Gas
Steel Alloys Corporation
UouKUt-Wsolii Hunted
E, H. CLARKE
lavestBiaat Swurltl.a
Morton It. Alexander
Stock uuluaic Him.,
r-badlpki, Pa.
aPn.i iSxKMf. Hawaii JpJ
WHEAT IS FIRM;
DEMAND RENEWED
Big Millers Lftrgc Btiyefa West
of Missouri River Final
Prices Are AboVe
Yesterday
NIHV 0tlK. Not. H. Adtlrea reeetted
nt the M'rnther llurenu llila mornln Indl
r.ileil the fnllnwln- n-rnther romlltlon.t
Temneraturea.
Illirh. fjltr.
rniKiilInn Nnrllnre .t . . . .elenr o
(jrllnel rlear 42
Allclille IVeaf . . , itrpn no
Notithne.t , .i.riui 70
1'pper .Ml.nlt.lppl VHllrj . I'din 01
Iiwer Jllmlaalnnl Vnllej fle'r T
tllilo Vnller ...rlenr M
24
IB
50
31
31
An
2
.nl nt lnTen.
li.lu 4 .,.
ISnnana C'llr. .11 at
The fnllrmtnr tireitultftllnn (In Inrliea) 1TH4
. . -,.-- -.--" -i-- -r. ----- - , -
j-riwrifdi .111 nt lies jioinea.
Port, .10 nt llmnhn, ,14 nt
urrnnun. .n nl
rwriniriieKi, mo.
OlIlt'AOo, tfov. 22 Wheat closed
firmer today on a renewed demand nnd
covering nfte heavy rcallxlnR by lonirs
bnil broken tlio market Tho droit followed
litonnunced Btrcngtb In tlio rnrly dfcallnK",
when there wan .n ucnulno ecrnniblo nf
nliorts to cover, Ueccmber Bhortn then found
It dllllcult to nurchnno anything except on
very sharp bulges.
Ulg millers wero larno buyors went of tho
JIIshoiiiI Itlvcr, especlalty for Minneapolis.
Tho liquidation that orcurrcd sent Decem
ber buck to, lost night's close, while May
and July were forced below tho flnnl figures
of yeBtcrdny. Final quotations wero above
yesterday's close,
December, after rising to $1.B6W. re
ceded to 1814, closing at n.8.1UfP
$I.83',(i, against 1.81"4, nt the end yester
day! May, after advancing lo $t.30!a, de
clined to $1.87V4. llhlshlng nt SJ1.884 bid,
compared ith $1.88, yesterday's last prlco.
July, after muylrig up to l.fiO', sngged
to 1.S7',4. ending nt l.G8iif Jl.n8l!i.
ngalnst $1.58,,, the Onal Oguro of yester
day. Cash bousiM wre buyers of May nnd
sellers'' ot July. Interior receipts wore well
under those 'of 11 year ngo, The nnrkct
nt Liverpool ' "''v h""ii'so f Hi"
ndvnnco of tho Teutons In numanln and
unfavorable wan , . m i'K' vln.j
further dctcrlorat'ofi was reported.
ItRlns veroxald to have Inflicted Injury
In Australia, where harvestong Is" under
way. It wns said that the yields In somo
places would not bo ns great as bnd been
expected. The production In new .South
Wnlcs wna estimated ut 10,000.000 bushels,
compared with forecasts of 54,000.000 bushels.
Lcndlnt: futurea runged 11a follows
Wlvnt Opm llluh
December .. l.HIM l.st'1'4
.Mny I.IUH l.iinfc
July t.00',4 1. (!())
(nni limw il..ltviri 1
ll.L, 11
tlll II7TI
llll'i U7
Deeemher
May
Jii
oats
December Mny
I.nrd
Drcinnlier.
Jnnunry .
Mny
Itlha
Jnnunry .
.Mny
I'orlt
Decemtier.
.Iiinuury .
mbv
r.
,. r.7'.-
in.77
. .in.as
. iiii.a.'.
,.tl.70
t l.r.
27.11(1
. "T.MI
J7.7II
n7"4
ll-J
l.NIJ-
1.X7
i.r.7Mi
n.t
li.-i!
or.'.
"it
Tea'tlav'
Cloae rloae
l.HMlt
I. Hi',
l.DHW
PIW
H7'li
117
5T"i
I.KHi
l.tiHi.
l.r,8.
WW
a.-.i.
.i
r.7)i
i:j
10.87
lil.Till
t(l. !
11.77
1 I. Ill)
U7.M1
7.1(1
10.72
(..J
lil.'J.I
li. or,
it. u
10.07 10.70
iiiiiiii mIi'so
14.03 14.05
tll.Vf I I.U.I
lllcl!"tAakrll tN'omlna").
J"ft 11(1
l!7.njj 27.70
27.r.il 27..'.0
it no
27.02
JV It
Reserve Hanks' Discount Rates
lloalon
New Tork . . .
rnllailolpliln .
Clevelnml . . .
IttrhmonU . .
Atlanta
Chtcnao
St. X.ollln . , .
Mlnnenpolla .
Knnana City.
Dnllaa
Ban t'r.i.iclaco. 3
10 r
leal.
.1
3
aji
;':
1
3'i
:i
i 4
Over 10
up tn :i().
.T,i
4
4
4
4
4
4
- b
34
Over 30 Over 00
up to HH. up to 00.
4
4
4
4V4
4
4
4
4
4
j
4
4
4'4
4
4
4W
18
414
Arli-ul. Trnde acceptances. Corn-
Over HO. Untnfid, Up in on. modlty.
... r. 3a a 3'A
lrt .I'-a
4 3!j B'.i
ltnatnn
rsinw YnrK ... .
Ihllni.lnhli. .. 4l.t, . 3M
Clevelnml .... n t :H4
lllchmond .... '4 :i4
Atlanta 4 3i
C'hlcntjo ft ,
Ht. IajuIs .... I'i a
Mlnnonpolii ,. r, 3Vi
Knnana City,, r. 4
DallRa 4'4 314
Han tcrnnclacn. B'j !l
t!n (n thlrtv (luva'WBier
per cent: sixty to ninety. 44
ninety.. 0 per cent.
. 4
3U
2"4
k
3
3'A
4
3
3V4
thirty to alxty. 4
per cent; over
Spot Vhcat Steady in Liverpool
I.IVKIU'OOU .Vov. 22. Spot wheat was
steady nnd unchanged today, with Kar
rachl quoted nt 16s; Xo. 2 hard winter,
10s: No. 1 Northern Manitoba, old, 16s
OVid; No. 2 Northern Mnnltobn, old, 16a
C'Jd, nnd No. 3 Northern Manitoba, new,
15s B'.id. Corn wna firm and unchanged,
with American mixed quoted nt 13s 3d,
and Plato nt 13a Id. Flour was quoted at
60s Od, unchanged.
NEW YORK COFFEE MARKET
NKW YOUK. Nov. 22. Covering by
trade Interests In near months raused an
upturn In the coffee market this morning
and, after tho first hour, values showed
net galna ranging from 3 to 8 points, with
trading fairly active. The cables from
Brazil showed' steadier conditions there,
which may have helped the local situation.
The local spot market continued dull and
without change.
Today'a
openlnc
November
December 8.0008,07
January ...,.,.,.... ,,8. 10
February ,
March 8.3308.38
April , ,.., ,.
May ! 8.4708.40
June ..,,,,.,, ,, ...".
July ., 8.B8O8.00
Aua-uat
September ....Vy.......8.08
llld.
Teaterdaya
cloae
8.OA0R.OS
H.07WS.US
H.14QH.1U
8.210S.2.1
8.30fOS.:l2
H.3liffK.37
a.43P8.44
ft.4HOH.4D
H.tuoa.nn
H.nnevH.Ill
8.04 08.00
The New York Coffee and Sugar Kx
change membership of Flnlay, Darrell has
been Bold to II. II, Plka for J5250, The
price paid for the last previous member
ship was J 1500.
City of
ontreil
5 Gold Bonds
Due November 1, 19S6
Montreal is the largest and
wealthiest city in Canada
and the principal commer
cial and financial center of
the Dominion.'
Price 99 and Interest
Yielding about 5,05 &
Descriptive circular PE-fS
on request
The National City
Company
1421 Cheatnut St Philadelphia
Ktw Ik I'ltUburjU Boaton
-.. ., ,1 sgs
K1VU1EMW
101 JUrUl at.. rainiIeii7N. a.
Novembfr 21, 1918.
A, qiMirtarly (Uidad cf Sv. (ar i per khircl
BjatB tic.raa bo wf wvivi MjK., ui .na(
it at JMXird it 1 p. in, avmbr 3C,
4. a. 'ftiHKwsnu. aa. irautar. .
Sales in Philadelphia
Net
5 Alll Inaur. 1074 I0?4 10'fc Vit
BOO Allls Chal, 84J4 31W 8tW 1W
!f Am Itys pf DBii 0M 08H H
lo Am Ice . . t in 2 J4
20 'Acme Tie flH eoti H 1
. lo Am Can., nay, nay, cay. "M
2 drr Iiret..lt3l4 1134 ' AW
I2AO Corn Prod 27'fts 2i14 (1H t
27 Cam Iron. 4lt 4S t
aoo Col F A ir noy, ROM (toy. IW
no Kiee Stor. OBH. ooii noli kV4
.100 Cl Asphalt 32H 3lt4 81 H 1
2ft Insplr Cop lo 70Vi 70. I
to InsCo.V A tl 27 27W- K
17 ICfenno Cop ,Mfc .flO 00W IV
(IS40 I.k fiuif C. 28'A 27 27H
1S2 Ixsh Nav. . 80',4 any, bow .....
210 J Valley 82 B2 82
01 tali Val Tr 23 22Vi 22 1
110 do pref. 43 43 43 M
n Mlnehlll . . .17',4 57 U Hi 'A
2747 Nov Cons, .inn 28 2D',4i 1
28,1 Penna 11 It 07 f.7 07 t
100 PnKnltM. DD 00 99
ft Plllla Co .41 44 li 1
1 Plllla Co
cum pf. 42 42 12 . ....
7fto piiiia va. so vn so an
IftSft PUT tr cfs 20 23 2n?f. .....
ft Itay Cons. 334 38 33V4 W
SO Hep 1 & Ht 87 87 87 2
7 Heading .t'lUVi 107 107
1)132 Ton Helm C ft-in4 11-10 ft
31.1 Ton Jiln rt, 0 V
71 Union Tr 47 4oy, - 4fli .....
10 U S Hub.. 07 0774 0714
10 U H Rub. 07-nIt llnne lir brhli
312 V a I .... lit VI 01 Ul
101.1.1 IT S Htcel. 12774 12n'1 125 2
20 W .1 ft S H 00 50 50
looo W Cramp. 03 ot o 1
10 York Ity.. 14 14 14
10 do'Iifd.. 37 37 37
TONOPAH BELMONT. IS THE LDABSf
IJN LUCJAL. STUUU. MARKET TRA
...- I . ... -II... , .
Advances a Fraction During Day Development fif!
in British Columbia Better Than Expected-pS
xnrougnout JLiist Are Mostly All Lower
KINDS
, lllsh. Ixjw.
jir.oon a CftKt Cs oo oo
3000 Altoutia ft
r.'W 4 Vis 00 DO
20D0 Lnko Kup
Inc CiO.. 47 47
5000 tall V cons
- 4 '.is '03.100 100
100 Not Prop
4-Gs ... 08 08
loooo Penn.a Co '
Kn 4s.l02 102
3000 P W ft II t
C Is 1021 00 00
0000 Pco Pass
tr- 1CI,, 13 8,"
3000 Plllla Co
cons 5s. Oiy,
1000 do 1st 6.1.101
5700 I'll Hie 4s. 08
1000 Pa & Md
Htl Ca ..107 107
looo Hemline
Ren In.
looo Span-Am I
Cs 102 103
2000 Un llwy
Inv 5s.. 7.1 75
2000 W N Y &
Pa 1st Ss.105 10.1
Cloae.
, wo
00
Net
chse.
47 t
100 ....
os
102
00
8.1
Dili 0114
10194 101
08 DB
t07
0.14 OJi 034
102
75
105
DIVIDENDS DECLARED
Montana Power, reculnr ouarterly'.'of 14 per
rnt on nrrfcrrcj and 1 per cent on common,
inyabltt Jnnuary 1! to atock of record Decern-
ltonton nnd Albnny. 12.25 per ahnra, payabla
December 30 to ntockholdera of record Novem
ber 80.
Ajnx Itubber Compnnv. regular quarterly of
SI. 113 n ahnre, payable December 13 tn stock ot
record Nocmber 20. l
Amerlcnrr Locomotive, regular of 1?4 per
r.nt on preferred nnd It. per cent on common.
Preferred In payable Jnnunry ;! to ntock of
rcrnrd Jnnunry 5. Common la pnynble Jnnu
nry 3 to stockholders nf record DecemlMir 18.
Amcrlcnn Ilnnk Note, rcculnr nunrterly of 1W
per cent on preferred atock. pnynbte Jnnunry 2
tn atock of record December in. Hooka do
not cloae.
Voting Trusts
A brief discussion of the pur
poses and operation of Votintr
Trusts is included in our
November Circular
The circular also describe
many desirable? bonds, offering
Investment Income
Ran-jing From 4ya to
Over 6
Ccpfea ol" urnlanad on r?ul
Edward B.Smith & Co
EaTlBUsniD 1802.
BANKERS
Uembtra Wio 1'orfc nnd
I,;illa4elpila Stock Exchange
1411 Chutnut St., PuiUDiarnu
SO 1"in Burrr New Toik
A new leader was brought forward In
the Philadelphia stock market today In the
shapo Of Tonopah Belmont Whllo the
stock whs by far tho most active throunli
out the whole day'n session, tho movement
of tho price wns over a decidedly narrow
range, although the trend was "upward.
President Heller, nf tho company, said
that the activity and advnnco In tho Block
may have !pen due cither to the higher
prlco for bar silver or to development of
tho company's mines nt Surf Inlet, Brlt.
Ish Columbia, which has turned out bet
ter than bad been expected by tho olTlclals.
Well on In the last hour tho fotnl sales of
tho slock for tlio day reached above 16,300
shares.
Next In lino of activity, as far ns tho
local Issues wero concerned,"" wns take Su
perior. That Issue nfia, .,
fraction In tSe ..rti",?'1:
i-iiiiauelphla l:ie rtrle wt nivTv
but later It -n .......... J "P H 1
4 percent bonds were L11
...iviu, prices were for li. ."H
owcr levels. Tlie decllner .Tf'!
local Issues rcr. S'fltM
tlonal, nnd It was ?. ' ..
group that losses of more tn."Y
recorded. Acme Tea . ,
Transit. It Is l?u. t?e Txi
dining a full noim ""rtleraL
United States 8teet (., il
In. little higher thaiJTH-ffl
torday, declined to 2 nolnla h.r'M
of last nlcht. r,i, p. "'." W3
a lery good 6ci"L'r 'ZX! M
yesterday, softened -"""'n-
LOCAL MINING STOCKS
TONOrAU STOCKS
Jim tlutler
MacNamara .......
Midway .t. .......
Jtlnpnli Kxtenalon ..
Monlnna
Nor Star
Tnnnpnh llelmont i.
Tonopah Mxtenalon
Tonopnh tlntn8: ,
Iteacue Ruin ......
Went End
Bid.
, .08
, .03
. .22
i .10
.va
.13
4H' ,
5
0
.27
.75
Atlanta
Hue Hull
Booth
COD
Comb Frim
DlnmondOeld II H ,,.
Daisy
Florence ...
Ooldfleld Consolidated
Odldllcld Mertrer ....
Jumbo Hxtenalon ....
Kewnnaa
Oro .. . .
Hand Ken ....,...,)
Silver rick .........
OOt.DFIKI.D BTOCKS
,,,.,,,.... i,tii4i oa
N.
.Id
.03
.03
.0.1
.01
.23
.34
.03
.27
.10
.03
.04
.20
MISCnt.LANEOUB
Kevada lllll ..
Nev Wder
Trcnpa Mlnlne
'.n'Ao
. .14
GOVERNMENT BONDS
2a.
2a,
iia,
3s,
4 a.
reirlstered 1030 , ...
coupon, in."'
reentered, 1018 -i
coupon, 1U1S
reslatered. 1020
4a, coupon, 1D25
ranama .'a, reslatered, 10311.
Panama 1'a. reetatered. 1038...
Panama 3a, realatered, 1010...
Panama 3a. 1U40. small bonds.
Panama 3a, registered. 1D01...
Panama 3a, coupon
Bid,
,. 9HJ4
.. 0Ji
..1004
..100!.
..Ill)
..no'
.. tiftH
.. unti
..102
..1014
..102
..102
Aaked.
1.0U
.10
.21
.21
.20
I
,211
.77
.10
.03
..11
.(It
.07
.(111
.0.1
.311
.mi
.0(1
.211
.11
.04
.24
2.40
.1(1
Aaked,
100
iqju
liou
100
100
.Marino Insurance Higher
NEW YOHIC. Nov. 22. Thero was a
sharp rise In tho murine. Insurance both
hero nnd In London, todny. Shipments
for tho British Isles ar.e now quoted nt a
Hat rate of 3 per cent, the same rato pre
vailing for Unvro. Cargoes to Bordeaux
aro now being taken at 24 per cent. This
sharp ndvnnco, the first since the U-53 was
sinking ships off the Now Kngland coast,
Is reported to bo duo to a now and wide
spread activity of German submarines.
Tax Freo in Pennsylvania
Federal Income Tax Exempt
City of Carbondale
Pa. School District
4J4s
Maturing:
June 7 111, 1020 to 1041. Inclusive, and
December 7th, 1013 ,
A. B. Leach & Co.
US South Fourth Street
New Tork Chicago Iluffalo
Boaton Ixindon. Kns. Baltlmoro
RAILROAD EAnNUfcrt
"iWlftgAMfi
Tai- fanitiwl t..-. a
arSai r. ::;:.:.
Net , ..."
Total Income .....
Surplus "
Preferred dividend .".
Ilalance ,,.,, , '
Previous surplua ,' ,"
P. and I.."au'rpiua." ;,,
I PEItll SUnoittn-r
e-'rcoorSgj!rl,?kio?.mr: i'ffl-sa
WIIUELINO AND WKB BRr3
l.ti'79
i ji.i
7 "11 IM
0,010,'OJII
October sroaa
ei
Four months eroaa..
Net
UNION
October aroas...
Net .'...., .!
Kour months' irroaa.,.
Net .,.,,.
, Decreaae,
. S3!'1'0"'
' MJi'
1.102,018
PAcine
Itl.Otl.a?!)
. B.WH.7M
43,1101.5117
1 8.703,891
Granulated Sugar Unch
NKW YORK, Nov 21. Fn i
sugar was unchanged today tt-T?
7.B0C Tho last salo In spot CiMS
was unchanged, at 6.40a
3454c.
In this unnrecedented m2s
tion small coppers hate wv-fl
usual possibilities. J
UUIIiiUIIUUmUJiriZNlL
for Inatance baa lucraiieil It m&
linn .n (1.. ri.,t ... ... .. - ...I
10 10 will ecfil 10t5 Vf trttt
SSOO.000 and tnaila mulM. fh. iJl
euratlon of dlrldenda In 1117, h-i
oilier evidence of the tubmtr c a
Company la tb fact that It hi MM
a u-. initrrat pajoifQC oa III ctjUOaUf
lFrtla or our tetattti rtpart jut taal
use the conpon.
Kent .
itltttt
Ul.
ae (
nl
Sf fflttlf
T.U. 110.
'"fjjj
JONES &BAKEI
stock nnoicnns
Witlener Bldg., Pluladtlp!
Hell, Vfolnnt 1000-1,
Kejltone, luca 290.
Blrrrt rrttatt ,Tlri$ CoaaertU
Tarv Yorlc Doatfia.
Clilcnuro l'ltubsraAJj
tiVntUInn la Krll Tlut StrtUtf.t
.........H -.... -v.
Brown Brothers & Cl
rouirrii and CiiESTmjT Streets
PHILADELPHIA
Travelers' Cheques
In Denominations of $10, $20, $50 and $10T
payable through the
United States, Canada, West Indies, etc.
w$wm? m jitauesMa.
Commercial Trust Company
City Hall Square
Report to the Commissioner of Banking, November 17, 1916
KVfftSiOl Jl jA
RESOURCES
Loans, 'Demand and Time. .....
Corporate Notes
Securities ....,...,,
Due from Banks and Cash. , . . .
Miscellaneous ,
$12,909,879,64 4
n AC1 RUn Ifi 'B
.,Wli.-.
6,714,031.68
4,389,367.44
166,819.74
$26,631,648.85
LIABILITIES
Deposits . . , . i v'. , . . . . $23,705,723.70
Capital 1,000,000.00
Surplus ..,', s ,, ..'.,.,.,..... .'. 1,500,000.00
Undivided Profits ,, . 425,925.15
$26,631,648.85
t -i
Corporate Trusts $294,839,500.00 J,
Personal Trusts ,,,,.,...'..;,-. 13,81 5,176.61
Thoma t)eWitt Cuyler, President '
John H. Maien. Vice-President
H, W. Stetifeit, Treasurer
C, P, Liueaweaver, Vlce,Preldent
Samuel A. Croier," Secretary
H. w, Biaau
C. Stuart Patteraon
Horatio G. Lloyd
Wiliiam C. Sprout
Charlton Yaroall
John P Croxer
Hovrard S- Craiaw
Harry A. Berwiiva
Mark Villcoz, Assistant Treasurer
Henry C, Gibaon, Aaalstintx(Seeretry
Directors
Thomas DoWitt Cuyler
, Samuel Roa
! J. R. McAlliter
Charlemarno Toyer
John H, Maaon
' John Cadwalader
Clement 11. Newhold
WiUUn H. 8mM
if B
aaal
Arthur E. Newboltl
Sidney F. Tylef ,
Robert K. C
Morri L. Clothier
WiUUw M. Barrett
E. W, Clark
L. E. Johnion
Capr W. Morris
I
mmmmmmm&&nipi&Kil&
m3m
III
lb. i
IJIrji.Hil