lo
Jt Ir
r '
t.
ri.
,4
'i
:? '
SSdbuying makeJs
WHEAT CLOSE HIGHER
Belief That Propooed Embargo
LawB Would Not Be En
j acted Aids Pricea
itr KOO Dec. 8 On aroml buying, at
?US narlly to a belief that the em-
HImted Into "w and partially to
J!,fH.IOMd I pronounced strength today
i!hf$? around the top after It had
f:S?.u"S n lr?.lr course, with b.r dip,
Jnd ihrp ir.n.
Hwg. but the absorptive power of the
larkJl wM more than aftlclent to take
marati "",... iw thstandlnit nerv-
SXness amomr some tradem.
There were reports that the Uellef lie
ii.f CommlMlon waa In the market nn.l
Sit the Oreek Oovernmetn about to
rice, negottatloni for a Rood uuantlty.
After thVcies. It was estimated that BOO..
000 bushels had been sold to ro nbrtfart.
The bulla were hopeful over prospects
. Utr weekly clearances from now on.
&K cTble. from Liverpool sat.l that
Mnalderabte dlfflculty attended ehlpplntr.
The crop of Argentina wna estimated at
11000 000 bushels, against 172.000.000
fcniheia last year. Home ronulremcnts are
Jd at 18,000.000 bushels, Indicating that
rrttmuch will be avnllabl. for export In
"rrnberTafter declining to M.61. moved
TTltt. closing at 1 CSUff II.68H.
Spared with I.CSU at the end yesterday.
My after receding to II 71tt, row to
!" finlahlng at II7GHOH. nga nst
ll. the final quotation of yesterday.
Jabr. after dropping to 11.41, ndvanced to
II M. cloalng at $1.6HM.4. compared
with I1.41M. the lat price of yesterday.
The visible supply In the United Slates,
according to Dradatroets, Is 78.191.000 bush-
III a decrease of 1.S4J.O0O bushels for the
Ilk and compares with 00.878,000 bushels
lilt year: In Canada It Is 70,306.000 bush
ir, nn Increase of 2,11.000 bushels for
the week, and compares with 78.024.000
hu.hsls last years In Europe, continental
fflM, It l 88.400.000 bushels,
eoaparrd with 49.63P.00O bushels last year
ind a decrease of 200,000 bushels for the
week.
Lsadlas futures ranire.1 ss follows.
. WaMay'a
,.. I Ooon. Hlah. Low. cw tioa.
,-" tveemt
,r ' ITS 1.7jf t.71 -7S 1.78S
. . I W 140 1.41 1 lH 1 4"
r- .J.-;- d.iwsry)--
pecemtwr
v... ... -a ..
SS
tints
PUS
(I2'7
II2H
ft2i
R4ll
Sn
02 '4
icft
r.2',
BTIi
sun
Mll
05U
32'4
ur
,
IVtcember
Msy
Snlr -
Ijtr1
December
Jinuiry
il.r ....
llloe
nurr .
Jsnusrjr .
no
SO
miu
H
ini
MS
nr,N
t32S
M
52Vk
. 10 73
10.20
..13.02
..14.02
. 14.22
n an
Ifl.77
10.23
10.02
14.12
14.87
1(1.72 10.73 18.72
ta.111 MS. 20 I'l.lo
13.83 lO.UJ 113.15
13.07 14 12 13.117
14 20 14.S2 14.27
27.H0 20 HO 27 37 20 73
20.80 20.00 20 43 12(1.00
'.'.211.00
tASted.
Mr ..
Did.
NEW YORK COFFEE MARKET
NEW YOIIK, Dec. 6. The market for
coffee futures opened stcudy today. The
talcs amounted to 2300 bago.
iuu;,r o.Tiiiii
tJecember
January
8.II70H.1II
H.l3s in
H.2308.21
M 320H.33
H.3110 8.40
8 47WH.48
3.1 OH. 34
K.8K08.HO
H.II40S.O3
H (10 d 8.70
H 74?r8 73
H 7U08 bO
j. euruarr
itlson.s.si
Marcn ....,...
fci'y" .;:::::.:::;:'.".: 8.470841
hi ::::::::::::.::::.6i
1 it.'ReSb.v ::::::::::::: v.7iq.7.i
KUber .. ."J08.WI
Kovember 'o-SO
NEW YORK BUTTER AND fcV.GS
NEW YOUK. Dec. B. IIUTTUIl Hecelnta.
U4I. Fancy frcih srudea Ann. with .other
radia esaler. Kxlra creamery. 30il(itM4ci
Che? (corlns. 40rf40oi Stale dairy. MH
IBci Imitation creamery. .32 H MAI He.
KOOB. ltecclpta. 7JUI. Vreeh ESthercl Ir
rettilar, but srenernlly unchansed. Ktorairo
!rmr In faco of airontrer pculatl; bujlns
lefrleemtor ipclal market. 34c; refrigerator
rat, aateai'oc: refrlseratnr aeconda, ai li (
1HC1 olhec ayadea unhansed.
LOCAL MINING STOCKS
TONOl'AH STOCKS
111.1.
Cm Tlutler T
acNamara ''
Uldwsy ;0
Mlipah Bttenalon 10
Montana -'
North star '
Tonopab llelmont 8
Tonopah Kxtenalon 4S
Tonopah Mlnlns 8Jj
Iteacue Bulk 23
W((t End u
OOLDFIEhU STOCKS
Atlanta 07
Clue Hull 02
Booth nJ
COD 3
Aa!
ked
.00
.117
.HI
SH
4
04
.27
.72
.08
.03
.10
.04
.00
.00
Combination Fraction
Dlamondtteld II II ....
Daisy
Florence .,,
Ooldflald Conaolldsted
Oolilfleld Merser
Jumbo Estanalon
Ktwsnss
Oro
B&ndetorm Kendall . . .
Silver rick
.04
.03
.01
.20
.48
.03
.23
.00
.02
.01
.20
.50
.0(1
.23
.11
.03
.(id
.31
M13CEIAANEOU8
Mavtda, Hill ...
Htvada Wonder
Tecops Mining ,
.50
2.10
.to
2.20
.18
STEAMBHIPS
FLORIDA
I "DT BEA"
T PIIIUUJELPIIIA TO
JACKSONVILLE
(Calllni at Savannah)
DKLIQUTI'UL HAIL
Jtae Btaamsrs. Low rarea. Best Barries.
Xlesle and Bertli Included.
..- Plan Tour Trip to Include
TTi Ttnsal CoattwUo Trios In tfas World"
Illustrated booklet on Request,
Merchants & Miners Trans. Co.
omes, joa Hopth oth 8L, rubs., rs.
W, i, Tunwiiii. o. . a., usito.. ua.
HAVANA STctSS
Ides tjlaikto and tanexsad'
hp. Ssieo&Smtdembcttk.
Sa3bgi fcwa New YoakTtats
gmj sad Setsiaaf.
taKBcrf psoscisyr taoamaUOMa uji
sa fart tasa seraar steaooa fTra; m
ataw4Lssf SAls l Till inn ftr IB!
NASSAU BA1IAMAS
Psts, tccsa,cp2t stofbado. Lsm
capadrv Leasts sal a3c!bUiul social
Be. SsiUajs doa Hcrtr Ywk
TbandLtjs.
ffctt. lnAw is wmlttmtat
UmbaUa. JUa. B 1917,
! JwktmmlSlu "e
Uoicaa cnJuD. 24 dare, farWrat
Hassaa, CyAm, Proaroo sad Vcxa
Cro. Mont. Ssiioy lurtiM
Btt Ts(Sstijins
WARD LINE
M!WV0iK CUBA AWILS.CO.
tsrel O&t.i, f,i cf WOI -
PHILADELPHIA MAKKETS
GhAIN AND FLOUR
,-ty.RfTr"neeIMs, Inl.SST blh. Th rnark.t
! "",;""".. nui aurrari aarancol ze un'
CxtUW .Iterrlfct. A?OT hntH T.a Mk ,
quiet nd unchned. with iimsll but smrll
plterinn, viuotstlont: fsr lots for lowl
trsde. to loestlon Old wentern. Jt.ta01.15i
new weitern. cool nd tweet. tl.MUl.oli new
uttijrn. cool snd sweet. 0eO 11.01.
OATS neeelrti. 2J.4T2 bua. Demsnd w
iisnt, but prlcee ruled Metdr under modersts
otterlnst. Quoutlont! No. 2 white, 0eilHe,
;tndrd white. 8BH fliioe. No. I white, Sst
8o. No. 4 white, SiOMet etinple oats. StOSJc.
FLOUn ll.rtlpln. 101 bbls, end SSS.SIO Ibe.
In iieki. The market w dull snd Urselj
nominal Quotatlona, ft 10(1 !!. In wost, Col.
law! Winter, rlear, 17.8307 an. do. atralsht,
I7.8IOB.10i do. patent, IS10O8.I.M Kanaaa,
clear, tntton aekt. I7.TSOS. do. atraltht. cot
ton earka, a,23(M.30i do, patent, cotton aaeka,
.8nro,nl. ,ptn. nrat clear. I808.2i do
patent. 18 730H.2.1, do. favorite brands. In SOO
.76i cltr mllla and fancy relent, ls.r.0 .73i
eltr mllla, resular rrade Winter, clesr, 17.88
OT.eoi do, atralsht. I7.83CS.10; do, patent.
18.1098 33.
IITB riltm quiet but eteadllr held. We
quote I7.80O8 80 per bbl . aa to quality
I'UOVISIONS
There waa a fair lobblnr dtmsml and the
market ruled firm, f'ollowlni are the quo
tation': Cltr beef. In aeta, amoktd snd
sir dried. ate. weatern beef. In eela.
amoked, Stoi city beef, knuckda and tendtra.
amokeO and air dried, 3oi weatern .beef,
knuek and tendera. amoked. S3c, bef tumi.
!28tr8o. pork famlje. IS0.S0O3I. heme. K. I'.
cured, looae, UH O20ci do, aklnned, looi.
JiiOi'OHc do. do. amoked. 3I(I31H other
hama. amoked. city cured, aa to brand snd
avarase, 2ie. hama. amoked. wratern cured,
SOU c. do, boiled, boneltee, 3(o: picnic ar,ouldra.
H I. cured, looae. 14HCI da. amokrd, lftc. tl
Ilea, In pickle, according to nrerase leoa,
174 ci breakfaal lisron, aa to brand and aver
se, city cured, 22o; bresktaat baron, weatern
cured, 2Jci Isrd. wettarn, rerined. tea, , IV ei do.
do, do. tuba, l4c, lard pure clly. kettle ren
dered, In tea, IsHc, lard, pure ctty. kettle
rendered In tuha. IsUc
HEFlNTrn nttnAn.q were low due to the
alow demand. Ileftnera' Hat pricea Uttra fine
arnnuUteil, 7.20O. powdereO. 7.8fki. confec
tioners' A. 7 10c. aott cradee. 0 43 0 7.03o.
1JAIKY I'UODUCTS
CllKf.815 sold slowly but rulrd ateady under
mmlerala ofterlnaa Quotatlona: New lork,
full cream, fancy 23 W23H.C. apeciala hlsher.
do. do, fair to iooJ, 3V 24Xc. do. part aldma.
lS21c. . .
HUTTKn The market for fine atork ruled
steady under moderate nrlarlnsa and s fair de
mand. KollOKlnc are the quotatlona. Weatern.
ff,an -.il.l.i.at-, pr,mrv. ratine BDeclAle.
42c, eitraa iOV41c, extra flrata iDf, flrata.
37c; aeconda .c, renovated, ettra 4o. do.
nrata. 3.1c, do, aeconda, 3.p. ladle-packed. Sl
38oi packln atoik. SnWSle. nearby prints
fancy. 4o, averse eitrs. 410 42c. (lrata, 37 0
3!e, aeconda 3380c. apeclsl fancy branda of
prima lotibins at 4dT4(c. .. . .
EQOH The market further declined 00c per
caae. or .1o per dozen, under freer ofterlnsa and
n llsht demand, tjuotallona- Nearby eitraa.
42c per doa. . nearby nrais. 112 per caaas nearby
current receipts, $11.70 per caae. weatern ettraa,
42c per ilo., do, extra flrata 112 per caae.
do. Arita, III 10 por caae refrlcerstor !.
atorase and lnaursnc paid to January I. eitrs.
JB.0O per rate, do, nrata. IB.no per caae. do.
conda. IB per caae. fancy (elected citndted
frcart esse were Jobblns at 47 033c per dos
POULTRY
LIVE OrterlnrsVf dealrable atork wero ml
erste snd the market ruled attady, bui trade
waa tiulet. quotatlona aa folljwa- 1-owla. sa to
quality. 1SOI7C1 rooatera. 1J.4;. aprlnr chick,
cna. nccordlns to quality. 13CM7;. White Le
horna, arcoidina to quality. 14310c: duck; aa
A .i .n.t nitftttiv lnuiRe: turkeys. 20U22o.
areae. ir.tfiSc. plseoiu. otd. per pair. 283oc;
do, youns per Pslr, 20023c.
DRKhSKD Trade waa slow nd the market
ruled wenk. with aupplloa ample cjuotatlona-Frcah-kllled
dry-pneked turkes. per lb., fancy,
nearby. 2iUf27c. fsney weatern, sntrsio.
fair to snod 22024c common. 1RO20O. Kuwla,
12 to box, tlrv-rlcked, fancy selected. 23c. J do,
welshlns 4V,4S lbs. splece. 22Ko. do. 4 ba.
-.., 4lil. A 1U Ih. anlpr.. !lh! do. 3 Ihc
iiplecc. lc t'ottta In Mil" , Ice-P.ieked fancy,
dry'-pl'-ked welsliln Vt 03 Iba. snn oer sptere.
v "-. U'ia 4 Pe. splece 21r amnlter Mt".
fojJISc. Old roooters. dry-picked, 16c; rosstlns
c ,, , , e.ein. ury-picKtU. In Uixet. ulsu
Inr b lha. and orr. per piU- J3e. roaatlns chick
ens, weatern. In boxes, uelchln- T Ibe. per pair.
23n: rnsatlnir rhlckena. weatern. Ice. packed In
bbla.. welslilnir h Iba. snd over, per pair. 24c;
rnasllnu- clilckena. weatern In harrela, welsh.
Inir 7 lbs. per pair. 22c, brolllns chick
ena, western. In toxee. weluhlns 34
lbs. per pair. 20C27c, chickens, welshlna
WINTER RESORTS
FLORIDA
;, i ",,n "Peeuisiion in tn whi Quotation!
i To'2,."..,n "Port elTtor No. 2 red. ttwi,
J,1,"" ' . a, othra ,rJ. fl.1ut!.l,
II II ?wVi 8S A' ,l "'"'' rejected
rVnv'- 1 C7 ft 1 la- - l.ll' JQI -m:wAT. ukW i.r I K
i WiaiSPnei NaaSMffiftL.
r-h' i-rArmiPV --r faot -x. sjfxrJijv
i VSB&&gszL ..2&ir
m mmmsBw-
GOOD old Cap'n Cuttle's advice is 03 true today na
ever it was.
Follow it, nnd whenever you see n thing worth rc
memberinBi bring out your note book nnd jot4 It down.
Most important juBt now is the big social event of
the Winter the commencement of the Season on the
FLORIDA EAST COAST
with the opening dates of its many grand Hotels.
Another important feature is the publication of the
wonderful Sunshine Booklet, beautifully illustrated
and full of information regarding that
LAND OF GOLDEN SUNSHINE
Write for It now, nd learn ol tbe many beautiet to be found In thU
Borecoui lories ol Resorts, together with program ol the many
leading doll and Tennis Tournaments, Auto and Motor boat
Racing evonU, Regattas, etc., Its wonderful bathing beaches and
unparalleled niblng and with It all, climate only equaled bya
perfect June-time, and iurroundlngiat beautiful aa Paradise ItielL
.For idl Information ofmnydtaerlpUon eonoerntni tha Florid Eit
Cos if, iYaiMU, DMbtmaa or on tho Wind of Cub Addren
FLORIDA EAST COAST
MEW YORK OFFICE
ZOriitaAT.
ViiiTKBiiiim moras. yr. va.
fi
cut iMMsissnnTrrrirawaiii JUiiiiiiinrrrtBBaBI
White Sulphur Springs
Wait VlrlnU
OPEN ALL THE YEAR
EUROPEAN PLJVri
Finest Bath Establishment in America,
Connected Directly With the Hotel
tfauWm nd all principal baths of European fhalth
Rt.orU ar, givn-in th. Bath o by ihilLdatUnJantS
"JFSSztjrSMf'
ATLAhTIC CITY, N 1.
' - --.suT tiTCl AttTUtfUrfWtfA
Htotlboroififentom
, :
SOD tha.
per pair. 2002101 do,
ml(ed (lies
Halle, ktol
era, jr
r(y, fancy, ioosicj arai-
r. nihee naarbr. wel
other ne
I8O0; orol
, nearb:
Vet seeae
Ite, welsH
white, we
,801 white
tnins in wn ? "rziv
1U 02 lbs. sruee,
alter sites. 28087.
2fl00; tirouar., nrr:
y. amaner biw wy
1)0x101 do. weatetn,
Jucke. nearby, sprint, ispziai 00, s"'" "
tl'JVct seeae weatern 17 0 1 M. equsba. per do
white, welsrdnr It to 12 Ibr per dot 8.1S0
0, white, welsnlnc B to lu Iba, per dos.. ti."
8 3.301 white welshlns 8 lha. per .dot., 14 0 4.3V
do, do, 7 lbs, Mr dot, IS 30O8.J31 do, OO,
Bit
aw lha. rep ilea.. iz.iair.vu: nar, t.
IH lbs. per dot.
SUti
a.uOi amall snd No. 2. o0t.23.
FKES1I FltlITS
Choice stock aoM fairly and values renerstly
were well autlalnedv s( followa Apple;, per
bbl Jonathan. .4.30i.33i tlrlmea' Oold.n.
14 80t3.ilS. York imperial tJR1-J,,Vi-VJ '
2 6O08l Italdwln. No. 1. IS 78C4.23l '!"Hw,nA
al tWnlns.'untrsdef . 804i Klnt. No I.
4Si Klnsi. unsrsded. 12,3003 anifltaymsn.
.a,AjAj i KnaBw rii.
fAdCd, li.OUW' OV! turmins. iu. ihm
m, iY!"p, k?L. . iiif "tofn-jw.
No. , 18.3003) Htsmsn. unsrsde.1, i. ou-
In W-I..1.. v, I i4ltA; Vlnesau. unaraded.
unsrsdeti, it o
Vlnesaw, unara,
fair. In a-rKHt. II
0 2 80 do northweaWn, per bo. If 3008.30.
Lemona, pr boj Orsntea, Florlds. Mr
crate Orient, 12.7303. ItueMt. IJ.Sow 1.7,1.
"r.tVTrolt llorl'la. perorate, 43 3008 23 . I'lne.
T..1llsVa...U. APDIfl. ITI I'UI t issir v i"-aT. ""
rnlti. KlorM. MnJUn ijr, pr cr". V:"y
iifiruu, j,i'iiii.i'vi'""' " ..-,-w i,-i'j.
3 ju ifinhrrifP. i.p v rwi, tf ''rTF-.",,s
Cup Vo,
I alt A vlatlatl Ifl
lllack, 1800.80.
t-kl
rrs
Jsf
"" '"'-l ""T-.' "--. miitmtt Ai. .Is
up j Karijr
fnnttr?l,, cr .w. rjT cIVf J" it.ht
iSV.IUl UO
rf rnla tl Rl1f19. Pes ft
:?r.. .wi."w. "Xitzvi1 xiv k;'
heme,. 'aLal t4 ftiirfi'Sl
Wi-.lHfr. '-.?... "1" VS'wn.iS'
.-.,.,,-0- Pr. V -T, -
nncmuu ? ww
VEGETADLKS
1'oLto-a and.onlona were quiet and barely
ataady Choice lota of other klnda nf veaetab ca
met with fair aala and values a enerally
rule-l Arm. Quotations White Pytaloea per
Vuah I'ennarWanla. choice ii o3C I 10.
New Tork choice. It 3301 JO. white Potsloea.
Jeraey. per baakat RMOI1. "we't llatoe(.
Ksttarn Shore, per bbl. No I. 12.7808: No 2.
113002. awed potaloea. pjlawsre and Mary
land, par hamper. II 230 1 JOi .aweet pstaisea
Jeraey, t ba.kel No. 1. 730BOOI No 2. 4nf
my cntona per too-lb. bas No. 1. 13 7804.
Ho 2. 1303 :0 csbbase. Danlth. per ton.
indOo. do. (Tomeatlc. pr ton, 8O08S..leltuce.
llotlJa. per haak.l 11.8002 301 do. Irslnla.
per baaVet. Sucttll 23. do. North Carolina per
Uaket IOc0M lana. florlda. per . bjakei.
II 30WS. eatnlant. Florida per.boj. 12.2303.
pepira Vlorlda. per box. $2.8004. ,a;iuaah.
KlurUa. per twi. 11.7302 Ji, waa, riorld. per
baaktt. 13 8003.
FOREIGN EXCHANGE
Ni:V YOUK. liee. & Tho market for
forr.lc.ti r-xchanicei In the early ilallni:a this
mornlnK was Inactive, with Teutonic ex
Change stilt heavy. Vienna made a new low
record nt 11.64 for cables and 11.80 for
checks, hut this class of exchanse has heen
ver)' nominal without actual transactions
Hrlchaninrk wero nt the new low record
reached on Monday, 06 for cablea and
65 18-16 for checkM Otherwise there wcro
no apprcciabla changes In quotatlona. with
the exception of pesetas cables, which
renched a new hlKh nt 20 80; checks were
quoted at 20 70
Other quotations were: Demand sterling"
4.75 7-U. cables I 70 7-1G, 60-day bills nom
inally 4.7t. 0-day bills 4.1914 ; franc
cables G.Jl'i. chcckH 5.15; lire cables
I.74H, check-j 6.75V1 ; kroner cables 28.54,
checks 21.44; RUllder entiles 40 13-16 plus
1-16, checks 40V plus 1-16; ruble cables
20.65, chcckH 29.55; Swiss cables 6.16H.
checks 5.17-.
RATES FOR MONEY
Call
... 2 13
::: 1
Tim-.
2 3
4J4 0.1
4H03
4 W44
New Tffrk..
rhlladrlphls
I'nliadelphla
noaion
3S
Commercial paper, three to all months. Phila
delphia. 3S C3H per cent.
RANK CLEARINGS
llnk clearlnga today compared with rorre
apondln, day la.l io 5e.r.jgis nu
Eo.,on'"h.u' . '.otfo- ,2!:?49?:?o?
New York B74.834.712 4)10.810.001 249.841. BOS
BAR SILVER
Commercial bar silver was quoted In New
Tork today at 75 Ho, up He In London
bar alher was quoted at 36 M6d. up V.d.
WINTER RESORTS
n.tmiiiA
NASSAU,
ITctona
EY
'isAuiyCamp,
FLAGLER SYSTEM
GENERAL OFFICES
St. AmU
CHICA.CO OFFICE
183 W, MaJUon St.
wHiTgapiJiiuniyjWoa. w. va
GREENBRIER
11F.V
BttisMfil MitOAier
jj
ATLANTIC CICT. W. J.
- ' ' -1
Policemen Supposed
Stotesbury "Friend"
Contlnoed frem rase One
proflta of Whlleley In his so-called "phltan.
throplc Insurance" l the end of ten years
would be close, to IIOO.OOO,
Colonel Whlteley paid tho premium on
each policy, which was for 12800. After
the death of n policeman n check for $1500
would be sent to the l'ollco Ueneflclary As
soclatlon. The oiTlcera of tho association
would deduct 1100 nnd the remaining- 11400
would bo nlven to Whlteley.
In dtibblnfr Whltetey'a transactions as
"expensive and susulcloua Philanthropy."
the Insurance Commissioner ndded the fol
lowing statement:
Mr. Whlteley explained In Inanrancs
CommWatoner O'Nell nnd Chief IU
amlner Honey ltt connection with the
1'ollre Ileneflelnry Aaaoclatlon an
ssent for the I'enalon Jlutnal Life In.
snrance Company,
Mr. Whlteley acknowledged Hint he
waa the "1'hllanthroplat" nnd thai onlr
he heneflted by lite trnnanctlan, and
that no one connected with the Tollte
Ileneflclary Aaaoclntlnn or I'enalon
Mutual Life Inanrance Company shared
In the financial salne.
The number nf policemen Inanred
ateraard between 4160 nnd 4100 each
month and Hie total premiums pnld
dnrlnr eleven months wna slU.03J.93.
The 1'ollre llrneflrlnry Aaaorlatlon re.
reived In death benefit S117.0S7.0S, nf
which Ihey retained 16651.78, Hie ll
anee going tn Mr. Whlteley,
Mr. Whlteley gave aome .titer In.
formation that cannot be divulged tin
III the court hearing nn December 18
next.
The Department la anllaflrd that Mr.
Whlteley bad no wrong Intention., and
entered Into the transaction as a bual
neaa proportion I but we jlo not Indorae
audi tranaaetlnna, na they are lint only
bad bualneaa on the part of the coin
psny, but are contrary tn public policy,
and we will haee an act Introduced nt
the next aeaalon of the Legislature
which will preyent any almllar affair
occurring In the future.
The rcxelntlons of Whlteley showed his
plnn for reaping a rich financial harvest
wits simple. Under nn agreement with the
Police Ilenertclnry omclnls. ho Insured
the entire force, and the death of each
nnllcrmnn waa to mean the payment of n
claim to the Police Ileneflclary Astoclntlon.
The first policies written wero for $1000.
but four months bko the faco of tho policies
una rnlaed to $2500. This money, how
oxer, was to h turned over to Whlteley,
with $100 deducted, which wna turned Into
the Police Ueneflclnry Association Whlto
Icy wna responsible for the premiums.
lu tho eleven months tho Police Flene
Mclary Association has received $6052.72,
which Knvo Whlteley n ktus.s hntnttro of
$121,016.21 from the claims pnld. Deduct.
Ing the premiums paid by Whlteley from
this sum, his profit foots $49,548.75.
However, under tho plan pursued White
ley waa nt no tlmo compolled to Invest
more than $4000 of his uwn money. The
original Investment naturally came during
the first month of this year, when tho
scheme came Into existence. Under the
orlslnal plan the premiums to ho paid by
tho "philanthropist" were $8000 monthly.
$80,000,000
American Telephone & Telegraph Company
THIRTY-YEAR 5 COLLATERAL TRUST GOLD BONDS
Dated December 1, 1916. ' Due December 1, 1946".
Interest nnyablc June 1 nnd December 1, nt the office or npency of the company, in the City of New York, or, at the option
of the holder, at the office or agency of the company, in the City of Boston.
Redeemable, in whole or in part, at the option of the company, at 105 and interest on any interest date, upon
sixty days' notice.
A Sinking Fund of 1 ($800,000) is to be set aside anmlally for the retirement of bonds by purchase in
the open market, or by call at 105 and interest.
Coupon bonds in denominations of $100, $500 and $1000, rcgisterable as to principal only. Coupon bon ds
exchangeable in the principal amount of $1000 or multiples thereof for registered bonds without coupons, of authorized
denominations. Coupon and registered bonds interchangeable.
OLD COLONY TRUST COMPANY, HOSTON, TRUSTEE
Total authorized issuo- $80,000,000
The company is to pledge, as security for the bonds, collateral having a value of 183 1-8 of thn amount of
bonds issued, and is to agree to maintain such margin of 33 1-3 This collateral originally to be deposited ts to consist
of shares of the following companies:
NEW ENGLAND TELEPHONE & TELEGRAPH CO.
NEW YORK TELEPHONE CO.
SOUTHERN HELL TELEPHONE TELEGRAPH CO.
SOUTHWESTERN TELEGRAPH & TELEPHONE CO.
PACIFIC TELEPHONE & TELEGRAPH CO. (preferred)
Substitutions of other securities from time to time may be made under appropriate restrictions.
For the last 15 years the American Telephoned Telegraph Company has paid dividends of at least 7yfo
annually upon its capital stocS, the rate for the last ten years having been uniformly 8 annually. The amount of stock
now utatlfc aa fJycira'the Amencan Telephone & Telegraph Company has reported net income, interest
charges and balance over interest charges as follows: f
-issr.". 4jas. 8Bsr .
1912 37,007,6U B,8U,G09 32Ain
191S 4VW4ff 7,056,656 32,920,000
19U 40,657,977 8,223,163 32,334,814
191S , 41,117,487 6.W.850 34,618,637
During 'these 'five 'years the company's vet income averaged approximately 5 times its interest charges..
We are advised that the proceeds of the above bonds, together with the proceeds of about $40,000,000 stock
recently offered to stockholders for subscription, will be used in part to retire existing obligations, and m part to pro.
vide for improvements, extensions, etc., during the next two or three years.
1 This offering is made subject to the ratification of the issue by the stockholders of the company and to the
approval of the necessary details by counsel.
WE OFFER THE ABOVE BONDS FOR SUBSCRIPTION AT 98 & INTEREST, YIELDING
r APPROXIMATELY sy8
Subscription books will be opened at the office of J. P. Morgan & Co. at 10 o'clock A. M., Tuesday, December
5th, and will be closed at 10 o'clock A. M Wednesday, December 6th, or earlier tn their discretion.
The amount due on bonds allotted upon subscriptions will be payable in New York funds at the office of
J. P. Morgan & Co., and the date of payment will be given in the notices of allgtmeiit.
The right is reserved to refect any and all applications, and also, in any event, to award a smaller amount than
app te 'T'emporarv ceriificate3 wm be delivered pending the engraving of the definitive bonds.
J. P. MORGAN & CO.
KUHN, LOEB & CO. KIDDER, PEABODY & CO.
FIRST NATIONAL BANK, New York . NATIONAL CITY COMPANY, New York
HARRIS FORBES & CO, LEE, HIGGINSON & CO.
Dated December 5, 1916,
n r ' ' " ' fn ' ' . ',
i,,t rmm tl,!. mm Vhltelev waa rtllovred
tint-half, which made hl net liability to
tha Pension Mutual $4000.
Until June tha face of the policy waa
for $1000 and the aeraR deaths wera
eight This enabled tho l'ollco nenellclary
Association to receive $1000 monthly, of
which It returned $7200 to Whlteley. He
duc'n the $4000 he paid In premiums, his
monthly Income from this orlRlnai Invest'
ment of $4000 was $1200, In June tho fsce
of the policy waa raised to $2800, but the
method remained the itnme: the monthly
profit nccruliiR to Whlteley during- the last
four monthti ranglnc as hlRh a $8000 nnd
$6000.
Archbold Succumbs,
Rockefeller Partner
Contlnned from Pace tine
financial details of the business gained him
"rapid promotion, nnd nt tho nsa of nine,
teen William It. Abbott, hla employer, took
him Into the firm ns a pnrtner.
VounR Archbold. upon rrcelvlnR recoic
nltlon of his ability. Jumped Into tho har
ness of tho business with renewed .lgor
nnd began tn specialise on tho problems
of transportation. A year later tho firm
became largely Interested In ft refinery In
TltiiMllle. and becauso or mo rapiti ex
pansion of tho business It was decided to
open an ollleo In New York
Although only twenty, Mr Archbojd was
selected for this Important post, nnd went
to tho metropolis nnd engnged ottlcen. He
not only directed the business of Ills own
concern In N'ew York, but took on tho ad
ditional responsibilities of handling oil for
others, and In a short time ho had built up
an extensive business.
NOTKD KOIt UHAnV WIT
Mr Archbold's rrndy wit nnd unfailing
humor enabled hint to moro than hold his
own with tho older men In tho oil business,
ami ho soon became recognltcd us an Im
portant factor In tho Industry.
At this time John D. llockofollcr was
already a notnble lender In tho petroleum
Industry, and upon his arrival from tho
Middle West he wna confronted by oung
Archbold. who proceeded to cunvlnco him
that crude oil. which wna tlton soiling at n
remarkably low llgure. should Instead he
marketed nt $4 a barrel.
Mr. ltockefellor wna so Impressed with
tho young man's enthusiasm that ho
promptly made him nn offer of employ
ment, which Archbold accepted. In 1875
he was mndo a director In the Ktnndnrtl
Oil Company of New Jersey and later Its
lce president. In which cnpnclty ho con
tinued until his election to the presidency In
Hit. lie was prominent lu various Govern
ment Investigations of thc,oll Industry.
Archbold enmo most prominently Into
tho public eye ns tho author of tho "'My
dear Senator" letters, which wero stolen
from the Hies of the Ktnndard Oil nnd pub
lished In Colller'a Weekly with tho Idea of
showing thnt Archbold Indulged lu Irregu
larities In gaining advantage for the Stand
ard Oil Company nnd sought to circum
vent tho spirit of certain Inws to the samo
purpose
Ho was Interested In many things out
side the oil Industry, particularly Kyracuse
University, of which ho wns president of
tbe board of trustee" Ho waa n director
of St Christopher's Homo nnd Orphanage
-L
. "
tn Hew Tork. lie, wS also actlrs In the
Metropolitan Museum of Art nnd the. Amer
lean Museum of Natural History,
It la survived by n widow, two-daughter
and one son, John V Archbold.
kouohT Fon UFn
Archbold's bravo fight for tlfo during the
two weeks after his operation waa In keep.
Ing with tho trnlta of character that
brought him success In buslneds dogged
tenacity. Inflexible will and optimism. Hope
was virtually abandoned nearly n week
ngo, but Archbold fought against death
with tho Iron will thnt crushed his op.
ponenta In the oil business In years, past.
Archbold was John I). Uockefeller's right
hand In thn great Standard Oil system
tho John D. Archbold who wna credited
with mixing certain "cerllflcatea of de
posit" with politics n number of year
back.
Archbold wna stricken with appendicitis
November 19 nnd operated on two days
later. His condition wna Immediately real
lied aa desperate, lllond transfusion was
resorted to. tho chauffeur, Mofger, olun
teerlng to furnish the blood.
And Now It'n Ilrlcka
Tho price of bricks Is going up Itrlcks
llko many other commodities, evidently hnva
felt tho effect of tho war's Influence on
prices, quotations on bricks have advanced
from $9 60 to $9 75 a thousand within the
Inst faw weeks, and Indications nro that
the price will reach the $10 mark within a
fortnight
Hownrd G. Shlnn ,
QlfAKIJIlTOWN. Prt Dec. 6. Howard O.
Shlnn, nlxty-four ears old, a member of an
old Quaker family, died suddenly nt
his homo here. He mm a member of tho
Mnsonlc fraternity.
Interest on
Money .'waiting investment may lie deposited with
tlits Company in a checking account on which interest
will he allowed ; or it may he placed on a Time Certifi
cate of Deposit which will command a. hcttcr rate.
Your investment funds will then he 'earning a def
inite income even though not permanently employed.
Telephone Spruce M80, or
personal interview invited.
Commercial Trust Company
City Hull Square
,,W...k.
'MiNif Sn tfic.acMillKmis
Gives Work to 1200 Made IdJe by,
utruclion of Breaker'
wn.KKS.rtAnnn, pa.. Dee. 8.opr
tlon of a breaker and mlna on ft night fcc'51
tilo was started here last night In order
that the production of coal might not bft le
creased and for the purpose of keeping; ISO
men nnd boya In regular employment ' ;
Klre. last Saturday destroyed tho IJp.'.J.i
breaker of the Delaware and Hudson CotnV
pany, nt I.trksvllle. Tho loss of output ol
this mine nnd breaker would have erloutr
affected the coal market. Tho 1100 em
ployea would have been forced to seek post
tlons elsewhere until the breaker could t
rebuilt.
.
Snfc niowcrg Frightened Away
Yeggmcn wore frightened away when try
Ing to blow tho safes In th offices of tha Jt,
V Jones feed stofe, 24 Kast Chelten nrenlie,
nnd tho Oeorge tl Newton Coal Company,
28 Knsl Chelten avenue, last night When
clerks opened tho offices this morning they I
found screwdrivers, drills and other tool
of tho yeggmen lying hoar tha ofrlca safes.
Apparently the would-be snfeblowera had
been frightened away. They had entered
the offices through windows that faced the
Heading Hallway tracks. The Qermantowfl
pollco were notified. '
High Tricon Hit High School
WOORItimY.-N. J., Dec. 8. In at least
one high school In Kouth Jersey the hlgll
cost of materials Is working havoc, and
that Is In the manual training department
hero. Tho cost of supplies Is so great that
tho department has been dispensed wth.
The cost Is nearly double that of n year
ngo for tools, supplies and other acces
sories. Idle Funds
,
:i:
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