MHH
10
EVENING XDGto-PttllADBLPHIA, TUESDAY, NOVEMBEB 28, 1916
laaawsi
FINANCIAL NEWS
- - r
fr INFLUENCE ON TRADING IN NEW .YORK
? ' MONEY SITUATION EXERTS DIRECT
Higher Rate on Call Is Effective in Restricting Buying
Throughout Day Gall Advances to 6 Per Cent
Before Close
"
N'nw YOlttf, No. 28.
The financial situation nnsumed a OomlimtlnK position In determining the
stock market torio nnd prlco movements today. Kalmally, the ruling of the Fed
eral Ueservo Board disapproves tho extension of bank credit on foreign Govern
Went 30-day treasury bills created llio Impression that this reprcssHo meaiuro
will hae nn Influence In restricting tho volume of Industrial output on war orders,
but this result of tho Vcderal ifoscrvo ruling was exaggerated both In Its Infill
enco on sentiment and values
Tho money situation exerted a more direct Influcnco on trading. Tho estab
lishment of tho 5 per cent call money rato nnd tho exhaustion of tlmo money
offers on nil industrial collateral for three to six months nt 4 V& per cent demanded
more attention from tho speculative clement nnd was effective In restricting buy
ing nil through the day.
Tills left tho market sonslttvo to sales for both long nnd short account nnd
explained tho downward movement In tho first half of tho day, on which losses
wero sustained In tho general Hit ranging from I to 3 points. Today call money
loaned early at 5 per cent, but tho. arrival of lnoie gold caused nn easier situation,
although tho rato advanced to 6 per cent at the end of tho tin.
Foreign exchango also was Influenced by tho rate of time and call money,
causing liquidation of sterling, with demand selling at 4.7BH. Prospective pro
longation of th war was reflected In tho break In tho price of rouble cnblei from
80.20 to 29.85. Itelchsmark checks on Berlin sold down to the now lo w lovol
of 67 Ji and crown cables on Vienna sold n't tho now low record of 11.70.
Tho bond market was goncrnlly heavy, with offerings of foreign Ooernment
bonds attracting most nttcntlon. Anglo-l'iench 5s sold down to 94t,; CItv of Porli
6s sold at is to 3614, but later milled to fl7. Chill Copper 7.i were heavy, selling
down to 145.
FOREIGN NOTES DROP
ON NEW YORK CURB
Federal Reserve Board's Warn-
ing Has Detrimental Effect.
Market Generally Weak
NEW TOMC, Nov. 2S. Tho announce
ment of tho ruling of the federal llesenu
Board naturally nttracted attention to tho
foreign Government notes traded In on the
Broad Street Curb and tltoie lamies ucro
established nt slightly loner range.
French municipal bonds on which tho sub
scription prlco Is 98, sold to 37 and 97 V
United Kingdom 3-year notes sold at 98 'u
to 98 Vi, and B-year notes at 99 and 11.
Russian CtjS were traded In at 100H and
100.1 and the 5s nt 94 to 94 9
The Curb stocks, tnlen altogether, were
weak, but there were some Important ex
ceptions. Utah Petroleum, one of the low
priced oil stocks, was ex'trentely aetle, morn
than 50,000 shares being traded in nt 51 to
60 cents, and Houston Oil, which opened at
22. advanced to 21
There na Initial dealings In Tennessee
Chemical when Issued nt 19 ' und l!i',i
JtMinlo Steel advanced front 00 Vi to 70 Vj,
followed by a reaction to 70
lloclc Island Issues were lower, the com
mon selling nt 38, the 7 per cent preferred
nt 03 and tho 6 per cent preferred at 77 U.
Warlln Arms dropped from BO to 45 nnd
United Alloys sold off from 51 to 52
Steel Alloys was firm, with sales at 4T
and 5,
Triangle Film showed n strong tone, sell
ing at 3 to 3. Chalmers Motors de
clined to 34 Vj
IN-jiUflTItlALS
UM
: SS
. in
. 70
. H
.ins
. -'ii
. ni'j
. (Uj
. -.'i
. H
. 014
. 0
Aetrnu Exploalwa
Aroertcan-llrtlnh Mfc . . . .
American Marconi . , , .
American Writing; l'apor .
Canadian Car Co . . .
Canadian Car & f'dy pref
Cnarroal Iron .
Clietrolet Motors
Curtlsa Arroplann
Kmerson I'honoKraph . . .
3Iaakelt & Marker Cur ....
llendea Manufacturing" . ..
Xathodlon Jlronza pref , . . ,
Laurel Oil It Clan ,
laxlm Munition ,
Manhattan Trans ,
iltdvale Steel ,
otln Klevator ,
Peerless Motors ,
s Pooln Knglneerlnir ,
fl a Kreago wl ,
Standard Motors ,
Submarine . .,,,
Triangle Kllm ,
United Alloy Bteel
United Motors
United rroflt Rharlne .....
V H Light k Heat
da pref .
World Film ,
Bock Island com ,
do A pref
do II pret
STANDARD OH. STOCKS
Mlllnola -Jin
Ohio .10
Pralrla Pipe 811
Standard Oil of California 370
Standard Oil of New Jersey itso
Standard Oil uf New York 70
OTHER OH. BTOCKH
oaden OU
Coaden i Co
Asked.
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so
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1711
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New York Bond Sales
lllith
Alaska Cllil c lln Sr A Sll
till
s'liiin
3II0IIU Anivr .ar il. I.
.liioil Anter l ot (ill Tim
3I.-.000 AiVilC-Kr ft"" ""
1IIIHXMI Am Foreign "Vc Tin
jnooo Ainer Hmeit Heo (Is
.ilHillii Ainei I i-l cit -In
3MIUU Amr Writ Pan fin
sunn Atuilson lien 4s
17IIIIII ilii ni J 4a
UllMI Atrli Trans H I. 4m
JiiiMI Alcll Hockj Mtn Ii.
WIDII Allan Co Line lat In
Jiilill Halt & ohlu r.n
.IMIflll do 4a
1IKMIII 1111 - 1,1.2 VV la
L'000 llelh Ht-i-1 lat Be
good llradcii Con (J
tlftUUI) llrnok Hap Tr As IIIIS
.Tiilutl tan llov r,a IUJI
-'"(Hi do ID2II .
l'.'lliMl do lll.ll
r-nim (, c c Kn -la
Joiiii do Ren n
I iKxin Chi Gun ft ;pc ;
lllUIIII Out Leather lat ns
14(111(1 t'tnt Par Ut 4a
H000 Cent 11 It N J Si .
:umi inill I opper
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Inter Petrol
(lit
T..i.--
41UU.IU1I t'l. ............
MMw..( ltSnlnD . .
Bapulpa Itednlng
MININO STOCKS
Atlanta ...
Butte topper and Zlno ,.
Itutta New Tork ................
Carro do I'aico
rirat national
3'lorencs aoldfleld .......
Ooldrield Mtrter'
ifeciifc jiinina , .
lows Sound ..
Jim uuner ........
Jumbo Kxtenalon ..
JtcKlnIer Darraah .
iasina copper
Mlnea Company of America
Mlptaalns '.
nan toy
........
............
St. Joseph j,ead .
Weat ISnd Conaolldated
1
IVhlta Oaks
C41TO 6 . ,.,
JtllUTMIQ V
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11
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BOND3
, 133.,
lldrala Ba , ass
tuMln 0V4 looji
J KBVJb S year no
do G year ... l)8!i
LOCAL MINING STOCKS
TONOPA1I STOCKS
uin,
,03
.07
"'. !
Montana ...,..,,..,,,,.,,.,.. ,23
Kortbarn Star ...,, 15
Tonopah llelmont ,, , 4'
lonopab Kxtenalon ft
Tcnopah MlnlnK ................ B
Bfacua Eul ,, ,........,,. ,28
Wcat Lnd .,,....,.,.,.,,,,,,,,. ,74
HS7
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7ft
list
75
11V4
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12K
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100
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M
GOLDFIELD BTOCKS
Huts Bull ................ .nt
VUiUUtiWIlUil - klUIf, t f p
l-.B.UWUHTIU U W UMltttM
noUdId SXarsfr ................
Jumbo Extpwiloa .,,,..,.,,.,
V j , ' tHiltlIMttlMiHfH
S?I tf. I ?
tQllVVF 4T , )M! fl f
MISCELLANEOUS
mvtuu um .
ucoi Auauur
tMi4titr;
-
? -$
A)H
fOJ
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,04
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SI
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no
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.ort
'.27
.63
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,sa
i?
.01
.23
24
.20
LIVESTOCK QUOTATIONS
CHICAGO 'Nov. 2S IlOasnecelpU. B2.000.
Sfarkat 10&c lower ilUed and butciiera
JS.L'OOIO 15' oo4 heavy. f 80010 85, touch.
bury JU iseu 75 lliht la.UOWtf.OO. pig.,
J75S8S3. bulk. 19 30610. v v '
rATTI-B Kwelpla, 8001 Market ataadv.
lluvri. I3,tl3ai:33; cowa and halfara tiit
9 to. ttsckar and feeder. M.7S07 (15. Teiana.
KHliKPltec-eluta 17 00O Mark.t atrona-
Kattv e.cd wtatero. J4 19O10S3: lamb. 9
1S,3.
; "i , ,
Much Cottonseed Crushed
WASHINaTO.V. Nov S8 The Cenw
Oftico report Issued today shows 413,30$
tuna of cottonseed crushed from August 1
ts 6JptiKj)ber 30, 1,093,331 tana cruoV) oil
moAw. US.933,091 pun4 rexelved at on
kjltta iiurlm: this period, and 655.618 tona
fi hand ar till mill on J3ptcrabr 30. Crudo
m sWupoJ out from Auguat T tt Septwnber
m wmm 19 SStMi pout, td tjief wm4&
s1 w imm "
17001) Oil 11 I A lnn 1.
41000 On rM 4a
1 1'llKDI do r.a
12000 do fta ct (inn ata
21)110 Chi Itwy
310011 ("lev Hh Mm- 4IJ
1000 Col A Mouth lal 4a
40(111 Oil A Mouth 4'aa
2770(i() City of I'arla da
70011 romp Tab Itic Co a
ftooo Con tlaa conv 6a
2(ii)() Cuban Am Huuur Ha
.'000 Cumlierlainl Tel lis
lllllll Del & Hud rfd 4a
0 000 Den A Id Or 4a
100(10 Ddrnlt Kd fta 1IV40
10.100 Dla Becur Corp fta
SOOO llrlo ioiiv 4a Spr A
ft I do Her ll
211100 do Scr U
0000 Huil & Man In Si.
2,111(10 1I0 rfd fta
(1000 Indiana Steel fta
r.ooo Inna Cen1r.1l ref 4
0(100 III Central rfd la
2001) do ,1 111,12
1H000 Intorb Met 41a
12()0 It T ri-f fta
i.oiioo Inter Iter Mnr Oa
11(000 Inter Paper Ba
21000 do (la
5000 Inter Ar Ba .
3100(1 Jap nmv a H -Va
2000 Kan City ho lat 3a
:illllO do Ba
1000 l.aiku Hteel fta 10 J.I
47000 l.ncku Hteel Ba 1010 .
11)000 Lailedo Cm rfd Ba
1 1 Lake Mhoro Ken Itii
1)000 I.k Sh il.h 4s 10.18
ftOOl) tin del) 4 a 1031
2000 I-orlllard Ba .
31000 Umla Naah 4s
1000 Minn 8t V S a 31 4a
0000 M K A T 2d 4a
71100 do 2d 4a ct
0.1000 Mo Pac w 1 4s .. .
(Hlim do fts 1026 w 1 .
14000 Mont Power Ba. ..
iiiioii rial Tuba Da
M'i
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70
77S
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101 .
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nooo N V Air Brake, cvt Oa.lOdS
B200O N Y CI A Hud Oa
iiuiii On na rec
21000 do 4a . ...
2(100(1 do 4 Ha
innoo do con 4a
0000 N V City fta 1038
ftOOl) do 4a 1030. ..
1000 ill. 4(ia 1001, .
S000 N Y Gaa II A i' B.
1 lllllll N Y N II II (Ii
1000 N' Y Stata Itwy 4ta
700(1 N Y Tel pen 4 Ha
4000 Norf t West 4a .
2B0OU Nor Pao prior 4a
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B000 Nluttra Palla I'ow Ba 10.
li:i
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.110
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11)01) ore H Line Ba .
Ilioo Ora & V II A N 4s
2000 Pao gen Ba
11(100 Paiirto Tel Ss . .
2000 Penna 4s 1043 ..
1S00O People'a Oaa fta .
n.'fluo Publlo Herv N J Ba.
4000(1 Heading avn 4s . .
1000 Hep I & H 6
2000 Itlo tlr & W 1st 4a
200(1 Ut I. I M A K Olf Ba
H.lllOO do aja 4a . . .
10000 do In 4a .. . ..
4)10)M) do Her A
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loi ;j
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, 81)
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2000 Han AAAran P lat 4. (17
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81
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71
7
1000 Standard Oaa a
ftooo Heauoard A I. adj Ba
20(10 do rfd 4a
1000 Bouth Hell Ba . ..
B00O South 1'ao 4a .
13000 do rr 1s
01 000 do ctdirct f t Ba
flooo do rM 4 s
liooo South Itwy sen 4a..
moo du con fta
11000 Teiaa A Pao lat 5a
101
117
88
HH
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TO
Kll
H7
87
70V.
10l
mi.
my-
11
U B Rubber s .... 103 1 lo3
V H Bteel H Y Ba .t.lofij 107
U K or a II I ,. 00 08'i
22000 Texas Co cv (!
2000 Third Avo ref 4s
10000 do adj Sa ,, .
lOOO Toklo Ba .. ..
100)1 Trl-Clty Ba
uiiii USD at 11 oa
liooo 11 h itubbar
HUOOO
1JI000
1000 Union llac A 1 ata, Ba U4
iiiwi"' u."uii iu,i.v as...
0000 do rfd 4a.,.., '
6000 Un Rwys 8 F 4s . .
12000 Va Car Cholu 1st Bs
1U00 do 0s ...
1J0OO Va Itwy Ba .
2000 Wabash lat Ba....
UOOO do 2d Ba
70000 Wat-P T lat ct f p,
"IK
n , HT.f si 'i
("in "7s iirt
7nk's ?ss ?s8
ion. ion, 36iT
.inn rotZ uaiZ
10SS 103
70
logs
11;
183s
HIS
711 Vi
70
loos
102U
107
08 H
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1UJ
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20011 West KAU cv 6s ma, 101
lllllll nui pngr. as , , , 1)
2000 Weet Union 4Ha..,. OAK
luuu wneennc a i, n , m
a-t
w 1 71 11a u u.11.
oik ni nic
3UW 36'! 30 S
uu ui: flni.
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4 nu4u fifti!
loo . idu
101. 101
02 B2
ft ?SH
HAILROAD EARNINGS
SOUTHERN RAILWAY
Third -week November.. II. 830,033 titlt'Si
From July l,.,... , 3o.eao.483 s.sao.oio
AIBAMA OK EAT SOUTHERN
Third week November. , 1114.767
Ironi July 1 2,28,2i3
M.IDo
284,32
TEXAS
115 282
TiO.
1 mm
CINCINNATI. NEW OR LEANS AND
PACIFIC
Third week November , 1288. 0(
From July 1 , . 4.048.B2T
QEOaaiA SOpTHERN AND FLORIDA
Third week Norambar , IBS.94S 13,875
From July 1 .. . . 1 092,2B lli.hi
CHICAGO QREAT WESTERN
October arose ... . 1 1.608.07a
r.ai oja.
Burptua alter coaraea avo,
ICnur montka aroaa . . 8.7B&.
itei .....t' 4 Dfliau
Surplus efUr cbarasa 912.710
MAINS CENTRA I.
OctoUr rroaa 11,204,601
Nat . 4QMS$
Four montba' arose I 4.Ssa 903
Nat - t iw,i(:
COLORADO AND SOUTHERN
S?,W" . . .'1iif:Sfl
Vy month.- ra . 8 T 4J
SOUTHERN BAILWAX
116
SCea ?t I?iS'SI9
n.viii
3.88a
3.4
,1S2
B
1383.3(0
104.91
i.i()i
683.8311
B32.1CI)
1183.013
as.iaa
B38.DIO
13.88,1
g:!H
OA) DDT
33. 383
Tncrea
$1 ig.M0
New York Stock Sales
Adr numrlr
Alaika O M
AUitaJOM
Allli-Ch1mer Mfj....
AllU-Chal Mferf.. . .
Am At Chemical.
clone, tilth
10!i lS)f
3-00
Low. V m.
144
8
MM
IK)
nft
14
8M
35M
mi
18
MM
8
34
69'
9)
18
MM
8
34)
IK)
!K)
AmlleotSutar lot 10-lH 101'f IWA
AmCn..., 0.1 02i OUi (U
Am C8n pf 1I.1M lit 114 lit
AmCarAFdr 73'i' 73M 71'f 72
Art Car A FdT Pf .... 117?r 117X 117IJ 117,'f
Am Cotton Oil
Am Hlrlo A leather
Art Hide k . pt
Am Ice Fecotltlei
Am Locomolite
Am Smelt Allef
Am Smelt & It pf
Am Smelt pf A
Am Sucar Itrflnlng
Am Steel Foondrlej .
Am Tel A Tel.
S3
IC'f
70Jf
27'
00)5
ran ra.
10)1 10'S
7flti 70!i
'IVA 27
OOJi! SS'i
r,2i
10H
7(lh
27.',
8S'j
110.
Am Woolen 63)
UBH lit) llo'i
. .110M 110H MO'i 1104
..101 100M 100M 100'i
118 118 118 118
. 07J 07M Ol'i OS
12S5J 128JI 127' US
Am Willing 1" of
Am 7. 1, A B
Anaeon C M
Alch Top ASK.
Aldi TASK pf. .
All flolf A W I .
All (J A W I pf .
llild loco WkJ
IUU 1KO VU pf
Halt A Ohio
nail a ohm pr .
Hethlehem Steel
HrooUyn Itap I'r
llullo A Sup . . ,
llotletlcl: Co
tl relroltom . .
(al relroleom pf .
Canadian l'aclflc .
Central Leather....
fiTX 53 fil
SVi 05IS 0(t
G8l$ MM KiH
IIS
1IV)U
C0
08
0'1'i 9' 08
lltf VXil 10.
,100'f 1003 i 100H
120 121 111)
71 70M 70)a
83i j R1U H)H
ll)7n IDS!, 10S)
80 80" 1 80
IH 7j 74M
02.r
80s
OS',
17
27
f)04'
0.JU
. 841 i
18
108W lOS'f
02o
84
17
2Vf
108
1003
nn
70
Ufli
1083 j
80)4
7h
0.'S
81
OS'i
17
20!
r.o
iosi
Chandler Motor 107
112'( H2i 1101k 110'.
C hes A Ohio.
Chi Great Wc.it pf
(hlMIIABtl
Chi A Northwestern.
Col (las A Dec
Chi It 1 A 1'ac
07'f
42
. ni
127
. 4.S''
3.IU
Chllo Copper 321,
China Cornier
Col Fuel A Iron. , .
Col A Southern
Conipt T Ilec Co
Corn Products lief
Corn Prod Hcf pf
Cturlblo Steel
Crurlble sleel pf .
Ciiba Cane incur
Cob 1 ( ana Huitar pf
lllllll Stc Corp'n
Klec Slorat'o llat .
Kile . . .
Krl lt pr. . ..
(Jcneral Heclrlc
(leneral Molors pf
Ooodrlch UK.
(iianbv Consol . .
Gieat Northern pf. . .
(I N cfi for oro prop
Grrene-Cananei
(iulf Htales bteel . .
(.uir States S 1st pf. ,
Gulf Mates S 21 pf
Illinois Central
Insp Con Cop. . . .
Inl llarv N J .
Int Con Cor v t c sli
lnt Con Corp'n pf .
Int Paper . . . .
Int Paper pf
Int N'lcL v t cfs . . .
Int M M c of dp
Int M M pf i: of dp
Kan City Southern ,
Kelly 8p 'lire . ...
Kennecott Cop sh
Lack, Steel Co
Laclede Gas
I ee Rubber Tiro
Lelileh Vallev .
Manhattan I. lev eld.
MaiHell Motors
Mat Motors 1st pf .
Max Motorj 2d pf
Mci Petroleum
Miami Copper
Minn A 81 L new
Mo Tap w I ...
Missouri Pacific. ..
Mo Pac ir cfs
Montana Poaer .
Montana Poaer pf
Nat Knam A S Co
N.at Lead Co pf
Ncv Con Cop
New York Air Brake
New Voil. Central
N Chi A St I.. . .
N Y N II AH
N Y O A West
Norfolk A Western
North Araerlcon
OS's
. Wl'ii
. ;wi
. 4'Jtj
W.'l
ins
803 i
122'n
Oil
!)84
. 41
.. 72
.' JI7M
. r,i
180
12 Uj
, 70
lOo'i
117
. (4''
32' a
171
. 1 1 Ui
.174
I OS
. 7tP4'
. 122
18','
71)4
.. 01
.una
. I03s'
15)4
ID'S ll
074
4Ji
tU.'s
120
PI
IUU
:u'i
OS
S7
32',
III
27
lO'l
80' i
121
0S,
!W
I4'i
72U
.173 i
r.J),
170
I21P4
fi'l'f
1073,
117'i
IC.
SJ's
170
IIS
17S
ll)-
70'
10714 108't
074 07)4
42(
021,
120
18
3)',
32
07' i
M'l
3 J.'
10
2S5-!
108
Kl'i
12.1
v,:,h
0S3,
KM
71
01i
12',
023,
120
I8't
.'U'a
32
07',
fi3
32",
10
20
ll)(
84'.
12.1
Oil' i
OS',
tl'i
71
fti
1711 170
1201,' 120 1,
I.Tf I)'
HIS
117'j
ll'i
S2
17.1
111
172
ll-
083,
105' f
117'j
II
rau
175
us
175
ll)-.
t.01
121'f 121', 1213J
IS
714
0-1
105',
IS
10'
17
7t
02
urns'
17
II',
IS
74
02
llllii
l'i
11'
llOJi" 1171a 115), US',
20)1
75''
.18
KM
HI
38'
814'
1.10
7l'i
81'.
!')'
108)a
.40
. 31'j
. 28!i
. 11'
. lH.'
. IIH
117
.mi
..113
303.
. .178
.. 107
10
. . 6b
... 31!-...110
70!-
2d
70".
57' i
HIDi
11.1
38
82 f
1.10
75'
81!a
n
10')
I0'
.11
A'i
ll'i
U'j
101
117
3.1'i
11.1
.10! i
178
107
11
SS
323a
11 1
71i
20
71)
;.(),
101
11.1
.17
80''
130
7.1',
Kl'i
10
20
70
503,
I0.U4
113
37
Ml'i
1.10
74
I'l
108'i 108'j
11"
.11
28
11'
11).
KM
110' a'
33),
1123,
20
1771.'
100J,
11
Northern Pacific 110'a 111
Ontario Slher Mln
Pacific Mall
Pacific T A T pf
Pan-Am ret A P pr..,
Penn Railroad
Phlla Co
Pitts Coal c of dp . .
Pitts C pf c of dp .,
Pressed Btocl Car ,
Ry Steel hpss
Ray Con Cop . . .
Reading
Republic Iron A 8 . ,
Republic I A 8 pf .
Seaboard A L pt
Bears, Itoo A Co . .,
Sbat Ariz Cop . .. . ,
Sloss-Shef 8 A I
Southern Pacific
Southern Ity
Southern Ry pf
Sludfbalccr Co
Texas Co
third Avenue
Tobacco Products .....
Tol St L A West
Under Typewr
Union' nan A Paper...
Union Bag a P new...
United Fruit
Union Paciflo
U 801 P AF
U SOI V A Fpf
U bind Alcohol
United Rys luv. .
United Rys Inv pf
U S Rubber
U H Rubber 1st pf ..
U BH R A M
II S Steel Corp'n. . . .
U B Steel Corp'n pf. ..
Utsh Copper
Utah Securities
Va-Caro Cbem
Va Iron Coal AC
Wabash pf A
Wabash pf B
Wells Fargo Eap. . .
West E AM
West Union 'J el
Western Maryland
White Motors . ...
WUlys Overland
Worth rump p( 13
0
. 211)4"
. 07
. 08
. db'i
. 47
. 48''
.110
. 84
. sot;
. 32?,
.1083.
. 88)4
.110
: 38
232
. 33,
. SO
0'.'
20).
07(i
15
.11
28''
ll'J"
ll'j
IIH
117
33)a
112',
20
178
107
41
5S
31',' 32
l.l'J).' 141
70 71
UO' 1103a
O'f (ii.
253,
07'-j
0S4r llSl
r.0Jf 50
1714
501'
111
81
50
33
40'
40
111)
82-
.WA
32
110!i 1081,
8S34 SO j
110 110
38 38
230 2.10
343 i 33
85H 85)i
20
07),
0814
50).
I0
I'D
HI
82',
58.
32)4
1003J
80 '4
110
.18
230
.'II
83ta
..lOOJf 100.'i 100 100)4
. 27 27 2(lf 27
. 0714 07 07 07
.12334 121 121 121
232H 2JIS4 2J1 231
. 403. 40)4 4'J'i 49
. S2)i 6.1 5214 5234
- tlJ Oh 03. 9J,
.105 105 105 105
. Ui Uii 14,'f 1434
118 118 1161, 115),
.101 lOlJa'
.I17J4 148
ICO'
147
100'4
14734
25
5M
KM
14)4
283'
(H
25H 25)J 25
. 00 05)j 05
.135 138)4 133
. IS 15 11
283, 29)4 28
05 04)4 (It
113 llilj 1WM 11334
. 77 7714 7(1 70
.12031 1273i 125W 127Ji
.121), 121)4 121)4 12l)a
.123 124), 12H,' 12134
. 2J 25'4. 22)j 233
. 48)5 40 483, 40
.67 05 05 05
. 60) COX 5fl'4 50'f
. 30 30)4 203,' 30
..13SJ4 137J4 137)4 13734
. 6334 84 02)a 02)4
.jut 1UJ IUI
. 27 20M 20)4
. 55 543 6 1J4
. 3834 3S!i 3S
. Oo) 68M 50),
1111
20)4
5434
3S34
563a
NEW YOnK COFFEE MARKET
NBW TOOK. Nov 28. The market tor
coffee futures opened this morning ut an
advance of X to 6 points. Trading on the
call was actle, sales amounting- to 17,250
bags.
Today-a
Opening
November
December 7.S0O8 01
January .,.,.,.,, 8 02
February ....,...,,.,., ...
alarcb ,...,,.., 8 2268.23
April
May 84108,12
June ...........,., ., .
July m.. .,"..,, 8B48 85
Auau.t
September ., ,,.,, M81H8S3
October ,....,..,,,,. S 6868 88
Bid.
Yee'day'a
Cloaa
7U6WT.08
7.DUM7.U8
8 0408 00
8 12Q8.14
8-J1W8 23
8.28 8 SO
8 31108 37
8 4208 43
8 40(08 Sll
8 S44J8 SS
8 SiA. (to
8 8138.63
Prices of Iron Advanced
riTTSBUnOH, Nov. 28 Since Noem.
ber 1 Bessemer pig- Iron has advanced J I,
basic, 8, gray forge 3, foundry ft and mal
leable i a ton. The higher cost of manu
facturing; probably will result In a further
marking up of quotations.
. Yams Firm in Manchester
MANCHKSTER. Eng. Nov 28 Tarns
are firm. There la more demand for cloths.
DIV1DKND8
TUB PBOVIDENI LIFB AXD TKU8T COM.
iW lANX OF riUL.DELlUl, VU"
PbilaJdphla. 11th Moulh 27th. lalU.
At a nnstliiaT of, the Board of Ulraatora bed
hi, day Ottartwly DHUcuJ of Nino (8) l'er
1)1. dav a.
c.y.v .dcrH .B4blf tiii mobu.
1st, 111, to ateckboWara of record oa tba books
ot th Cuaajiansr at tha cloae of Suaineaa Blv.
eath Untttfc JTth. lDlft Checks for dlrtdeflda
will be, ruUp4 uoieaa other dJrm-tloui shall tua
beta ftlad ll the CjaiMaj
C. WALTSa UOHTON.
iirtKUry,
GORTON IS WEAKER,
DUE TO CROP RUMORS
Curiosity Aroused by Discontin
uance of Reports on Imports
by Great Britain
niTToy hei.t urATiir.it coMimo.Nt
M:jV, ORK. Not. 8. Haln was re
ported In the rrnlrnl aecllnn of the ration
belt this tnnrnlnr. bnt tlearlnic ronilltiona
lireratled etsanherr.
Tha folloirlnr lemnernlnrea were rerordedt
Oklahoma, .III Ahllenr nnd Rnlelah. Ill
Knairllle. 411 Atlanta. 4Hi Wilminalnn.
Annuiia nnd Chattnnnom, ftoi Fort Hmlth,
821 l.lllle nock, Maron. ,'nhtll1 a nil
Marannah, Sll, Hhreveport. Han Anlnnia,
MrmphU, Mrk.linra, .Montanmerr. Illrmlna
liami Thnmastllle nnd ( harleston, not New
Orleans, S81 Meridian and Tnmnft. noi Jnrk
sonrllle. Oil Mobile and tlalrrston, (ill
I'en.aroln. 08, "
Ther 01 Inrli of nreelnllallon at
Naslitllle nnd Knotrlllei ,04 Inth nt C hal
Innooaat .14 Inrli nt Meridian! .Ill Inch nt
lllrmlnslinms ,18 Inch nt I ort Kmlllil .20
Inch at Mnntronieryl ,3 Inch nt IVn.ncoln
nnd Nrir Orlrnn.i ,88 Inch nt l.lltlf Jtock.
nnd 1.42 Inches at Mobile.
NT3W YortlC, Nov. 28. The tono on the
f'otton nxchnngo thli mornlnc was only
barely ntendy, with October 3 points higher,
Mny up 2 points nnd other months 1 to 7
points lower Spot houses, southern Inter
est", and New Orleans wcro buyers, while,
Ihe supply generally came from commission
houses nnd room Operators
Liverpool took n inodernte amount of
October. After tho call Mny dropped back
to Its previous close, but ntjier months held
fairly well nt the Initial levels
Disappointing Liverpool tables were con
sidered responsllilo for the course of tho
market here At tho time of the local open
ing prices In the HiibIIsIi market were 8 to
12 points net lower 11s agnlnst declines of
C 's to 8 points expected
t'urlosltv was nrotised on the lltchange
liv the fact Hint the Imports of colton were
not reported In the Liverpool cables, and
aside from stilting that lcporta on Imports
I1111I been discontinued, tho (.allies mnilc no
further rxplnnntloti
The nmrltct showeil Increasing weakness
toward the middle of the morning Humors
thai .Mlsa Dllea estimated tho crop nt 11,
3.11.000 bales excluding liners, and mig
gcitlng that the (lovcrniiient oitlninle might
be higher, nppenrcd to Htwiiulntc the sell
ing movement, while the bulls showed no
Ini llnatlon to give Immediate support.
January cotilr.ictH Hold oft lo 20 fiOc and
.Mnv to 20 !7c, or 17 to 26 points net lower
mid r8 to n.r points uudci' tho high level of
jeRlerday morning
After tho bioak to 20.52c for .lanuarj, or
nlioilt till to (17 poliits llinlei tho high prices
of jeatcrdiiy morning, helling became less
active nnd tho market showed rallies of !l
or 10 points aruunil mlddio
Tho tone, howcvei wits nervous and
sentiment was unsettlrrt with n growing
tendency tow mil 1 edition or bearlsli views
of more Immediate fluctuations
fcMW fa . 111 r I I -
Sales in Philadelphia I
IU-1.1 1 ill "'
to Uald L pf I08V4 108W ioy
k t. . o . .. An mix an
lieeemlifr
lonuary
Jlanh
.Mm .
Iul
October .
Yea ( loee
111 70
10 HI
.'() ')'i
JI It
..J! IS
. 18 8J
Open
Jll (ID
L'O 70
JO 11 I
z VI
Ll 1.1
18 8.'.
1 1 n ill
JO 70
JI) 77
JO HI
JI t.l
18 8S
1 2 111 2 11 in
20 r.J 20 411
20 117 20 r,(l
211 8 1 20 7(1
21 (II 20 VII
21 IIJ 211 811
18 81 18 7.1
Liverpool Cotton
LIVUIU'OOL, Nov 28 Spot cotton was
in itiodcrntn demand todiv nnd 10 points
lowei on the basis of 1.' 4 Id for mld-up-l.iiul
The sales aggregated 7000 bales, In
iludlng COOO bales American IlcportH as
to linpoits have bicii discontinued. The
market closed weak at n net decline, of 23 (jj
211 points
HiK Gain in Cotton Exports
v WASHINGTON. Nov 23 Tho Depart
ment of Comment" reports tho expiit" of
cotton for the week ended November 25 lit
117.495 bales. ngnlnstO B8.H31 bales In Ihe
inriespoiuliiiK week lrist jeai. hlncu Au
gust 1 tho clearance of cotton aggregated
2.372,153 bales, compared with l,77.86j
bales In the sumo time In tho previous season
80
1
I
40
100
8
10
4
.10
800
10D
.1
II
80
230
12080
3001
20
100
89
780
2.1R
A
220
7.11
.111)
flllfl
2.1
.1.1
240
2820
.11.1
311
.10.1
1,1.10
lllah. Low. Cloaa.
Am n Sug.lOJW 10i 108W
Acme T nf
t c . .. 074 07 V4
Arn (las. lto 120
Am, Milling 8 1
Am'ltwjs. .14 84
do pref. 07 07
Am Can fll B(J
07V4
120
8
84
07
li
11 & B t c pf 80
frttc Steel 84 H
t'orn Prod 27
Klec Stor 7214
O Asph pf 72H
Ins Co N A 27
Ky Sec .1.1
Kcnno Cop 87 M
Lie Sup C SITa
Leh Nav . My,
Leh Valley 82 Va
Leh Vnl Tr 22W
do pref. S
.Vcv Cons 30 V.
Ponna HH .17
Pa Halt M . 00
Phlla Co.. 47
do cm pf 43
Phlla Clio 20(Vi
PUT Ir ifs 2ni,
Phlln Trac 80
llnv Cons 3215.
tending 1 10
Ton Hoi
Ton Mln
l'n Trnc
r 1. 1
80
84
27
1IV
72V4
27
.11
88 14
30(i
84
8IH
22Mi
43M
20V4
88 i
no
47
42s
29
28 i
80
3214
I08IJ4
n.i-in b i-i ftla
,1.1.1(1 A 1-18 A,,
17A tni 47Vi
01
80
84 H
27
7IN
72W
27
3.1
88T4
sow
88 Mr
8IV4
2214
43V4
2Mi
8H
00
47
43
20
2ft U
80.
.12
108:
Net
thge.
V
. h
.
t
iU
M
4-
21i
1W
V-
H
3
1W
i
n
Ji
1J4
1
"V
BH4
Dl
IT H Sleel l27 128 128JJ
tfc
14
1-10
y-
j
too
A I)
(1100
0011
4000
3000
1000
2000
7300
21000
2000
1000
4000
2000
1,100
1000
1000
11000
w ,1 & s s ,10
Westmore
land ('out 80 V4
Wm Cramp 03 J4
York Ily pf .ina,
HONIIS
IllKb,
A (ii:i r.s on1
CItv 4s rcg
193!l . .103
do Is 141
i'l) Kl''
do '42 ip I02T4
do '4.1 ci 102'i.
do '45 ( 102
lllec ft Peo
Tr 4s .. 8.1
Ll. Sup Inc
5s . . . . .1.1
Leh N cons
I'jh toiOt
lab V gen
Is .. 01 Ji
do cons
liis '01 10014
Phlla Co
runs 5k. OJif,
I'll Hleo Os 101-Ji
do Is. 110
Head gn 4s 0.1 Vi
l'n Itwy
Inv 5s 70
80
80J4
03
30 J4
I.OW.
00
10.1
I0JT
102
iot;
10214
82
.14 J4
10i(i
01 Ji
loon
02
lOSli
00
0SJ4
70
BO
80 !4
03 J4
80 J4
Close
1)8
103
102
102
1 02
102
Bl
88
I0J4
01 J.
loon
!li
tos(;i
no
o.ili
70
A
V4
Net
chie
-I
Jft
I t
V4
J4
Wheat and Corn nt Liverpool
LIVlllll'OOL. Nov 28 Spot wheat was
steady today, vth No 1 Duluth quotrd at
15s Oil. No 1 northern Manitoba at 17s Id
and No 3 northern Manitoba at 16s 6'$d
Corn wnH quiet at a decline of Id, with
Ameiican nilsed quoted at 13s 5d and Plate
at 13s 6d l'"lour was 6d higher nt 61s
Tax Exempt in Pennsylvania
Free of Normnl Federal
Income Tax
West Penn Power Co.
First Mortgage Gold
Due March 1, 1946
Net earnings of the company for the
current sear are equal to threo .times
Interest requirements. '
A. B. Leach & Co.
115 South Fourth Street
New Tork
Uoslon
Chlcajro
London, Kne.
Tluffalfj
Baltimore
HAR SILVER
Commercial bar silver In New York was
uuoted today at 73 'c. off Jc In London
the price was ipiotcd at 35 B-16d, unchanged
Tonopah Belmont
h nler mine oarnlntr
SI 50 n nhar and pav
Insr only a CO cent divi
dend Send for spcclnl
analytical report T V. U'O
JONES & BAKER
STOCK BROKERS
Wirlener Bldg., Philadelphia
Hell Walnut 1000-1.
Ke stone Itara .JOt)
Direct Priiale IV'ires CoiiiHho
New York Ilostnn
Clilrago I'lttsburgh
KI.KCTION 0TICK8
lrSSi AT A STATED MEKTINfl Of Till:
UrJ? Hoard of Directors ot Ilia i'rovldent t.lfo
and Trust Company of l'hlludelnlila, held 11th
Month nth. wloJOIIK WAT
was duly elected a Vice-President of the Com
pany, retaining his title of Assistant Treaaurer
At the same meeting
M ALIifiHT LINTON
waa duly elected a Vlce-Prealdent of the Com
pany, retalnlnc hla title of Aaaoclata Actuary.
At the aum meetlna; the title of
WILLIAM C CRAIOB
Assistant Trust Offlier and Tula Officer, waa
chanaed to Aaslatant Trust Odlcer and General
Boltcltor.
C WALTEIt DORTON.
Becretary
DIMCCTOBY OF ACCOUNTANTS
Certlfltd 1'ublla Areanntanta
U.WHBNCB is. liitowN car,
HIS HEAL EUTXTB T11U3V BuTLDtXQ
BURNS J SPKAICilAN
TUB HQURSU
American Cities
Company
Collateral Trust 5-6 Bonds
Due July 1, 1919
Till AM ERIC N CITIES COM
PANY controls, tliroupli owner
ship of over 859fc preferred and
9S'r cmniuon stock, the following
companies'
New Orleans Ry. & Light Co.
Birmingham Ry., Lt. & Pr. Co.
Memphis Street Ry. Co.
Little Rock Ry. & Elec. Co.
Knoxville Ry. & 'Light Co.
Houston Light & Power Co.
ll of the stock of tlicje Companies
owned by the American Cities Com
pany is deposited as security for this
issue.
On July 1, 1916. $2,500,000 of these
bonds were retired at par and Thtcrest
without withdrawal of any collateral.
For the year ending July 31, 1916,
carniiiRs accruing to the stocks owned
amounted to $1,342,333.68. Interest on
this issue of notes $375,000, Balance
?967,333.68.
These bonds hear 3 interest to
July 1, 1917, and 6 from that date to
maturity. It is probable that they will
be called July 1, 1917. at par and in
terest, in which case the holder would
have a seven months' investment yield
ing about 6.
PRICE : 9912 and interest
Free of Normal Federal IneomeTax
Martin & Co.
m vj'fff
IMjllUf
1411 Walnut Street
Philadelphia
riOTICIS OF BlKliTlNG TO 1S3UB
I'ltKFfcltKhU bTOClt
NOTICE IS HEREBY OIVEff that on the 13th
holders of the 'U&I1KUW!IT.EKH' HBaEtV
AMU MOKTUAaK tOMl'AKlA. corporation of
the Btata of I'annajlvanla. will hold a meetlna
Mr tha nrlncloal omes of aalil I'Amninv - K17
North Amerfcan liufidlna. Proad and Bansora
sis.. In tba City of Phliads phla. for the puS
pose ot conalderlnc the advisability of tsaulna
preferred stock of the aatd .corporation to the
amount of Twenty Thousand Dollars (tau.ooul
and to Isaua the said stock If a majority la u
lerest of the alockaoldsra shall conaent thsrsia.
MHUP OOLDIC11.
Uacraiary.
Interest on Idle Funds
Money awaiting investment may be deposited
with this Company in a checking account on which
interest will be allowed ; or it may be placed on a Time
Certificate of Deposit which will command a better
rate. y
Your investment funds will' then be earning a def
inite income even though nqt permanently employed.
Telephone Spruce 1480. or
personal interview invited.
,iftmin
Commercial Trust Company
City Hall Square,
LEHIGH NAVIGATION AT THE ftERT
' PRICE OF YEAR IN LOCAL MARKEtJ
Price moves up JN early Three Points Lake Superior rW
poration Stock Continues the Most Active.
Upward Move in Electric Storage
the. har, which started nn ,,.. .. ui
market opened and befor a o'c?k "'"U
than 00 had erlaneed hands M
than a ' but n ThVS-? r T?
Navlaatlon, mm. sot thli win $
... uinmiii inovo in i-.iectrlc S torse, if r""M
try attracted attention. Before- Rf3 M
the first hour the stock had rtiLH 'M
than a point, hut this lasua . .JSVPi $
While Philadelphia npd T ran.i! ,Jm
certtneates gained a small 1 &2S5SJ 'S
Traction was unc hanned for th .?.??
Part of the day. Cramp SWpbulldlK '
While Lehigh Navigation shares wero
not the moat active In the trading on tho
Philadelphia Stock Exchange today, that
position again being held by Lake Superior
Corporation, yet Navigation Attracted at.
tentlon by reason of the fact that there waa
a continued advance to 86. Compared
with last night's close this was. a gain of
2 nnd the highest point of the ear. There
was a fractional decline from the top mark
before midday.
as was the case jesterday, there was no
news around to account for the adiance
In the stock There was a good demand for
FOREIGN EXCHANGE
NRW YOnK, Nov. 28. Tho features of
tho foreign exchange market In the early
dealings today wero new low records for
Teutonic exchange and an easier turn In
rubles Whereas on Monday the low point
on relehsmark cables wns 67 lfi-16, that
claas of exchange was quoted today nomi
nally at " There Is no business In
checks Vienna also was quoted at new low
records of 11 77 for cables and 11.76 for
checks
KtiKllali and French exchanges were
steady nt unchanged quotations of 4 75 11-16
for demand sterling, cables 76 7-16, sixty
dav bills nominally 4 71. ninetv-day bills
4 69H ; franc cablaa 6.73 ij. checks 6 74 'a ;
lire cablet 6.73, checks 6 73 '4 ; Swiss cables
5 174. checks C 18;, kroner cables 28.38,
checks 28.30; pesetas cables 20.66, checks
20 KG ; guilder cables 40 13-16, checks 40?
The continuing feature ot the market In
tho early afternoon wns further weakness
In Teutonic exchange and rubles As
ngalnst the previous low record touched this
morning of 67 fs for relehsmark cables, a
further" decline to 67 9-16 took place
Now York
Philadelphia
lloslon
Chicago . ,
HATES FOR MONEY
v tall
. ... 2 5Vi
4
1.
3(a 04
Comma clnl paper, threa to alx monthi
Uelphla, 314 3S par cent
Time
4WI&S
4 lg44
s. Phlla.
BANK CLEARINGS
nank clarlnaa today compared with corre
sponding day last two leara , ;
llf 191S lni4"
Philadelphia IKO.'JIH.TOO 140 n2,.17l S.11 . llM.Oni)
lloslon 47.141,011: 34,248.40'. 2(1 B(in,4',
Nw York" 8J3.848.tl48 808.088,417 270,030,121
NEW YORK BUTTER ANU EGGS
NEW YOnK Nov, 28 nUTTEU ncreipta.
0074 tuba Ueneral trading qillet with top
cradea nbout alrads Quotations unchansed
KOaS neclpta. 1)41.', caaea. Fresh irathered
scarce and nrmer. 8torage dull and lower.
Wperlal marked refrigerator. 80V4e, refriaerator
flrsts 3"i (;.10": other Rradea unchanmed
Sugar Futures Irregular
NRW YORK. Nov 28. The market for
sugar future today opened nervous nnd
ll tegular, with first prices showing an ad
vance of 4 points to a decline of I point.
Trading on tho call was quite ncthe, with
sales amounting to 1750 tons
Timely Investme!
Many investors arc uncer
tain not only as io what
they should buy, but also
as to when the purchases
should be made. From a
large list of securities that
we own and offer, we have
selected one mortgage
bond, one short term note
'and a preferred stock as
being particularly appro
priate for a conservative,
remunerative and diver
sified investment now.
A tequcst for our offer
ing No. 254S will bring
you our auggestions.
WilIiamP.Bonbright&lCo.,Inc.
wunnio wioiAtt omuuDi ur
Mftnmer
437 Chestnut St., Philadelphia
New York Haston Detroit
London Chlraao Tarls
William P.Honbrixht fe Co Ilonbrlght&Co.
DIVIDENDS nRri.ATirn
Illinois Central Leased Lines niiu-a Sal
panr, rejular aem annual of 3 !.?Jllff2.cfl
Janirary 2. Hooka close Damhr.f '?. ?tlii
open January 8. ' " r
.Standard Slher.T.ea.1 MIAIn. Pn, !
ir mnniniv or a1 cents iseV ..-' ris
December 10 to .taekCorn,r"corr' NobeVtlW'l
Seara-noebuck.. rexular nuarterly r t .
cent on the preferred, pajahle 1 Iti.,i'
atock of record December IS. J,nurr 1 ta
bent oS"prferre and l'ST'KrSJnt'IS Sli ""l
atock. both payable January 2 tiT".fZS.,MV
record December 0. "lnu,rp 2 'tKH j
lfnlle.1 Ttill.-...- -- ...
8i8?P.FS ;.ned SsLSnw
ceinber 23 to stock of recird DenmbVr ".
The Best Bonds
For Investment
from the standpoint of
safety cannot always be
judged by the yield that
is provided. There are
many excellent mortgage
bonds yielding from five
to six per cent that arc
intrinsically as sound as
the average bond yield
ing from four to five per
ccnty We will be glad to
give our suggestions to
investors who desire data
regarding conservative
bonds offering the best
income returns.
aOlagIarKgo.
DANRCIIS
(Established 1837)
321 Chestnut St., Philadejphia'
Pittaburch
lioston
Chlcaio
WIlkfs.Bsrre
ntadlnt
Public Utility
Bonds
We specialise in the seetirl- ,
ties of well-established Pub
lic Utility Cbmpanies, ni
will submit a list ot good
bonds of this type to persons
contemplating conservative '
investment
Edward B.Smith 8r,Co ,'
ESTABuaniD 188a.
BANKERS
rrmbtra New York nni
FhUoaelpMa Stock Bzchangit
nil CntsTNnT St.
SO I'I.ni oiariT
rmuDtiraii
Miw Toic
;?
A
o REPORT OF THE CONDITION OF
The Philadelphia
Saving Fundi "Society '
OF PHILADELPHIA
ji
Nos. 700 to 710 Walnut Street
of Philadelphia County, Pennsylvania, at the close of business, November 17.1
RESOURCES
Cash on hand ,,,,. $ 2,162,775.55
Due from Banks and Bankers 5,151,500.81
Investment securities owned, viz.:
Public Loans $125 305.aiR.49
Mortgages 15.056.944.27 140,452,86276 f
Real Estate 155,000,03
$147,922,139.12,
LIABILITIES
Surplus Fund.... $12,235m4I
Undivided prohts, less expenses and taxes paid Vl0"i'Y 1
n.nn.;t 131.070.240.91
$147,922,139.12 1
rnnsiDBNT q
G. C. PURVES v
viip.pnrflinPMT oppnuiTiiir AKn TnEASURE1
JAMES M. WILLCOX SAMUEL WOODWARD
P1 '"i,MIT!F,i raarinawa maawii lyi-nnmni ,rmmr,m-mrrmK"n''I'!aBt.
Your Bank Account
IN selecting the Trust Company which is to be your. finneil
adviser, your judgment should be based on the strength of
the company, as shown by its "statement of condition," and th
services which it renders
ORGANIZED in 1889, this company has always mads
particular effort to perfect its service to the individual,
and it is prepared to relieve its clients of every detail connected
with the management of their financial affairs
A ttattmtnt will b$ mailed on application
, Philadelphia Trust Company
413 Chcitnut Street :: HIS Chestnut Street
Philadelphia
iiai(MsiitwaLWiiii)i.M
-jjii iBntaBi
w-$i
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aU.ll J I
BJ"
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