THgjT rrr-fft-ff STff-W
xam . 4
1 t-.s:
mm inftM.n i -,, ,, )T , ,
r r
'I 'mi'tini Hi i Willi ami-aaaiai,ie niaaeaaanl milium in mi in mi I m l Unai i iH'W '
FINANCIAL NEWS
EVBOTSO I-lDOGfBB-PHADBM'HIA', THtTBSDAY, KGflEaffiBR 14, 1916
ini.ininj nfri ., ii,., . ..,.,,,.,- I'-i-iii, - --, --, n .. -. J- , ,.,-. , . . ... ,1 ,, f - - ii- m-i .,-a.Jft.
J5K;'
mffitm
mtmm
t.
DNPAVORABLB FACTORS HAVE FULL
'Jti OWAY AINU S" KS Al.l. KTOT.T. T.nWTT.R
s
jIejoleted Margins Force Liquidation, and Losses of From
,-' ,- i; 1C TIil. T 11 T- -r , t.,
w i.u jlu ruinu) nesuiu Hears ivieei witn
Little Resistance
. . NKW YORK, Vec. H.
Tho contlnuntlon of Unfuvornblo fnctora which have Itnprcwied themselves on
uw nwn coniinimiiy nurinir tho last two month nl laid MngKorett the ImllUli
Jfpeetilttvo Hltlon hnd today forced lleiildatlon, emmed by depleted innrKln, wnn
ih evidence In nil tho lomllnff .lockit. Tlio money tension w)ilch prevnlled nlnco
the hcBlnnlnr of the month hnd In illicit Imposed n, rcntrnlntn Inrlucnco on that
,emeilt which hnd been counted on to nppcnr nn buyers whenever concessions In
, inarKet auotntlons wcro mndo.
' Tho aormnti nnnotineoment of n disposition to trnnsmlt pence proposnls
AtlMcted Attention to tho outlook for ninny of tho Industrial corporations if there
ehould be nn early termination of tho Kiiropcnn war. It was Insisted by many
that other Industries will bo left In a hopeless position when tho Inborlw? clement
of Europe In again employed. No ono seemed to caro much for value In today's
trading, but nil thoio who participated actively In mnrltct operations scorned to
have only ono desire, and thnt was to sell for either Ion or short account.
It was ovldcnt, of course, thnt larRo buying orders must have been In the
market to permit of rcallnlni; on the lnrjro scalo which was In pnwrcsn throiiKliotit
tho day, but thoso who did talco a position on the buylnp sldo offered little rcslstnnco
to bear effort nnd wcro wllllnR to lot stocks sell as low ns possible, mnklnri tho
market appear for a time one-sided. Prlco movements consisted almost wholly of
declines ranging- Ironi C to IE points.
Tho heaviest losses wcro sustained In Industrial Alconol and Jlethlehom Btecl,
Init'lho great majority of atockn traded In yielded from l! to 7 points throughout
mo jiny, wim mo declines nt times being of an abrupt charnetor. Breaks of 1
point between sates worn frequent, especially In Issues like Central Leather,
Industrial Alcohol rind Gulf (Hates Steel.
, Tho sales In United Htalos Hteol common were In largo blocks nil hi-ough the
my. moro than 400,000 share of thnt stock being traded In up to 2 p, m. Itcforo
the close tho stock dropped to 113U, fur n loss of 6 for the day. Utah Copper,
from on opening of 117, dropped to ill. Marino preferred ranged from 11-lli to
lOiii, Jlopubltc Iron and Steel from . to 77.
The bond market was disturbed by tho heavy declines In the active stocks
,nnd lower prices wero generally recorded In nearly all the Important issues.
i Lackawanna Steel Es wero pressed on tho markot and declined moro than 1 poolnt,
nnd- concession wcro nlBO mado In tho Itock Island Issued and' In tho various
ulosacs of reorganised railway, securities. 'Anglo-Frcnoh Es wero heavily traded
In-nt Q3H and 03t.
"olve
$10,000,000 More Gold Comes From Canada
ieiy xuiut, ucc ii. uom to me amount or J10,000,000, rcrelved from
Canada this morning, waa deposited nt tho Assay Ortlce to the credit of J. r.
Morgan & Co. Thin brlngH tho total on this movement from Canada to J37.000,
000 and makes tho total for the year $002,000,000.
U. S. REPORT MAKES
COTTON ADVANCE
Consumption Figures for No
vember Arc Greater Than
Expected
COTTON1 niXT 1VRATIIER CONDITIONS
XTAY YOIIIC. !. 14. .Illilillr liltlirr
temperature werti rernrileil In eamn aeetlona
(if thej eotton belt IliU mornln. with nreclnl-
lanon in trie weelern eeruori,
heel!!. 101 fllclithomu. ISl L'lialfimiHiKr
nnd KnoKvllle, JrOi Nnnhvlllf nnrf ICalrlirh
nrni. i.iciifi uorK unit Aimpne. 2f
A
Tii followlnr Irmneratun vtrr rrtardtdt
ineruiff.
C2a Sliinti
Fort Hmilli anil Atlanta. 20t Wllinlnstan nnd
Macon. 2As lllrmlnKliain and Auciit., nut
Mcnlcomtrr. ,12i .llrrldlaii. nit llrl Itln.
hrcvrfMirt, Cliarlrvton nnd Hnrnnnnh, .1H
Vlckuburc. .40 Tamnaand Jnrkiontllle. 44
.Man Antonlu. Sirw tirlpnnn nnd I'enNnrola.
i)8t Claltftlan, Oil .Cornea C'hrUtl. 00.
Tlicrft waa .01 Inrh or nrerlnltatlan at
Coreua Clirloll .anil VlrUlnirtl .01 Inch nt
nurnu
Hal
K
Inch
itoni ,00 Inch nt Mirrirnnrti .12 Inrh
niDhli .21 Inrh at l.lllle Itocki .:s
at llklsuoma L'ltr, nnd ,4S Inch at
New York Bond Sales
10000 Amr Atr cv Ci. . . .
ssoooo Angio.Fr nr. . ::.
ajiiqo Am Korrlsn Ho nn.
JO()0 Amcr Mmolt Hm n.
6S0O0 Amer Tel rlt 4:...
VIKHI do c-lt 4Ui .
tinni Amrr ire
Illlh.
.10,1
. BI!
.not
. lm
.lia
lw
m.i
oii
niii
A 11 Oil
u ul
m.i
S2IMI0 Amer Writ Top S.. . HnK" n(5
KiDOii Ann Arbor . 7114 ;nC
!finnn Armn.t rA JU.M n. ' ..off
l'
l(l
NRW YOntC, Dec. 14. A bullish govorn
roent cbnsumptlon report and Drm cables
Mused opening advances of 16 to 20 polnta,
With the tone Strong, Trading was smaller
than recently. Trailers figured that 7,800,
000 bales st annum would be reciulred
for home consumption on tho basis of thrrp
report, and this led to a good demand
from room operators, whllo Liverpool also
purchased and commission nnd southern
houses executed orders of the buying sldo.
' Tho selling came from Wall street, up
town and western Interests nnd New Or
leans houses, but was not persistent at
any time.
After the call the demand Increased ma
terially, led by commission houses, nnd be
fore tho end of tho first ten minutes fur
ther upturns of 4 to 7 points had been
established.
Tho opening advance carried the market
about 48 polntu nbovo yesterday's low
level. This seemed to nttract lncrensed
offerings.
Liverpool was a seller, whllo an easier
turn In the stock ninrket was acenmpu
hled by Wall street selling orders, and thero
were reactions to within n. few points of
last night's closing figures during the mid
dle of the morning.
There was a very good demand around
JS.40o for March, which came partly from
tindo sources, but general sontlment was
evidently unsettled by conflicting views of
peacn prospects.
Offerings seemed to have been pretty
-Well absorbed on the decline to 18.65a for
Slay and tho market turned steady early In
the noon hour on covering and trade buying
Tea, cioa. Open. II a.m. 13 m. 3 p.m.
ih'.ii I Kin ih'.ii
in.aa in, in
IH.TII 16. (13
1H.73 .....
1(1.80 16.74
Kind Armour fn 4Um nj
Iflnoo Atchlion sen 4 ! iitH
'"' w cv tm iuuii inn1
jiiiMi no cv on iuit I no
ilKM) Atlnn fn l.lnM !, 4m n't!
8000 do rlt 4.... Silt;
42000 Halt. Ohio !.. .. 114
:inoo iio n 1011U
0880(1 do rv 4!4 nS1
in... ..Ml. r , niVIl ilfl II
jwinni imin nirei mt o...
B00O llrook 1UP Tr n 10
liiooo unn tlovt fit 102! oo
jniHiu no n iu.'ii 00
iKiim do fla 1D31 00
Bono Cent Leather let Ha.. 102
70(1(1 fnt II It M .T m lla II?
121000 Chill Copper 7 .....132
. 90OO Chen & Ulilo cv 4 lis, M5K
133000 do conv Da , HIS
doom Chi h Alton .14a ... SI
1B000 Chl at Went 4 ..... 7.1W
H400II Chl 11 L. O Joint 4. . IIHt!
iliinn .h .m Am n-k(
yi:r'f ... v". .'! 7." 1 .
nt i' en an ion
. . ITk
. .wart
IB.lOoi!
. r-i'.r . .. v. -r.-"i
IDIIUU CHI Mil It
.101
.100
SO'i
7114
10000 do ci r
IOOOO do cv 4 tin
30OO C!h ft f rue 4n
SQ000 do rM 4 .. .
IKOOO Un 611
S50O0 do lid rt 1 M
4001) Chl Ttwr r,. .
nnmi .i.j i.r.. R
..u.'.r .., iiiuu, 11a ,
241100 Cnl & H011II1 41
aiivwi i.'liy or 1'aria
ftOflO l)- A II ml ronv
7000 lien lllo Or 4a MIS
200(1 Detroit Unllrd H4e . S2
200(10 Din Hecur Corp On.. 72'i
4000 Ilrle conv 4i Her A .. otl'.I
inimii line conv 411 Her
111 duo do ronv 4a Her D
17000 do prior 4a . .
2000(1 Qrantiy Co ala tla
4000 111 flteel deb 414 a.
1000 Interb Met 4Ha...
2700(1 Interb It T ret fta...
Itnno Inter iter Mnr Ha..
1300(1 Internl Paper 6a.
2000 Japaneao 4a
20011 K C Kt H 6 M 4a .
inoo Kan City Bo Be ...
2000 Larks Hleel Ba 1D2S
77(1011 00
.1,1(10(1 l.k
H00O Lou
1(0(1 Met
10000 M Ht 1 & 8 M 4.
tououd &10 ran ur 1 en
70UO Mont t'ower oa
jniiii n y a nrnk
10011
SNO(MI
7A00II 1I.1 4Ua
.'OIMI ft 1 t-'ltr 48 IUOU.
.it!
P4;
III!
100
113
80
iii
in
103
100
nil
tiU
mi
102
117
SSa
HIS
Bl
IU
103
101
" !
m
7(1 1
ft.
"?
t. . , ill Tl 7"
4a ..103 03 105
11 70
..hit;
::: m
.. 04 U
. ..100
uo
Mi 4
72
OS
,87?:
ii.i;.
100
f(i)4
TJ
ns
ii.i;
i
00
?8s
1111
0
MS
Nit
17
'4
n.i'j
7:
l.ul
ni't
1011
7H
1MI
Sis 151 lilt
Sa 11130 tois itit iof
Hll deb 4a 1031 .. IMS 03U II3H
ii : Naah 4a II di U.1', IMItZ
Tel Sa I0(l4t 1IHIK 100
4... ntu D4H 114 '
17 I17i IIJ'I
noil 1111 nu
N V A Tlrnk cvt fla. . lor.S 1II.1V4 JO.IJi
NTOIill !li a 77Vt 7TJ4 77'4
V V t II fla ....1I2JJ lisjj 112S
do rqn 4a ttilll h.1!i S3
in
fit:
1
2B00II
nooo
. . .11111
7700O do 4Wa 1003 lllft'
tllHH, 110 ini ftOV IMitl
BOOH do 4Ua Nov 1037'
Juno l x una 11 a rn
000 do Ba
iiivvii .1 s itn, n'.j .n ...
iuimi jv 7 niaio nwri in
imiyt
I0U14
. . hint Hll
. .103 103
oil nn
101H liil'i
loot; loo'I
lira
loo
Secember ,...18. bo
jonuarr . ....in.iit
March ...... .IH.3S
..ls.nn
..in.n.i
. ,111.01
..18.3.1
18.47
18.07
16)77
18.11
18,43
18.01
10.70
May
July ......
tlctober . ..
&P0t ..,,,
Jump in Cotton Consumption
WASinKaTOW, Oeo. 14, The Hurcatl of
the Census of the Department of Agricul
ture today gavo out the following report
showing- cotton, exclusive of llnters, con
sumed during November was 684,083 run
ning balps In 1910, compared with 614,743
In 1915, of which 333,053 Ibales were con
sumed In cotton-growing States In 1918 and
185,470 In 1816. Llnters consumed during
November totaled 84,991 bales In 1916 and
82489 In 191B. In October of this year
$55,349 bales were consumed.
i 1 1 I, 1
Liverpool Cotton
LIVERPOOL, Pec. 14. Spot cotton to
day was In moderate demand, nnd IS
points lower on the basts of lO.SSd for mid
upland, The sales aggregated 7900 bales,
including 5000 bales American. The Im
ports were 1000 bales, American nona
The market for futures closed quiet at a
net advance of 14 W 16 points.
- . Cotton Buyers and Sellers
NI5W YORK. Dec 14. January
Drpoks, Schill, Hopkins and If. Hubbard
bought ; liartlett and Kent bold.
March Cone, Brooks, Newman, Dicker
eon. JlUchell, Ilay and Sellar bought;
Kehley, T, Sledenberg, Olfford, dulld and
O'Connor sold.
May Martin, Hopkins, Cardoza, Itess,
Hent and H. Hubbard bought a Keiffer,
llagedorn, McEnany, Van Vllet, Deer and
Qrvl sold.
July Hopkins, W. Oumoens, Orvls and
Sf5lth Thought ; Ilartoorn, Mohr and Downs
- Oeteber Ilay, Jtfdjon, Jfoeenberg and
J4ttH baughtj Newman, Wilson and
(5 ward sold.
40i 4U14
K7 87
SflOO N Y Tel iten 4Wa.. 0H4i ORH
"(10(1 K Y W t! 1 11 4(4 a.. 7B 70
ouuii nor iao rrior ea v-t
8000 do en 8a . . . 117
inoo Orn Short I.lno ft 107
IOOOO nrn llv A V Mn 4.. 04
4u(i i'c (iaa pa .V- .OVS 02
.lllllil lllll- JOO'k
04
l.fl'i
l'"T
04
11111
1011
811 V
1II3S
40l
87
oh;
73
IKIU
107
01
14000 I'aclflo Tel Da
In 10(1 lVnnl 4a 104S Oflfi
inoon do sen ct 4Ua ... H2li
711U11 no ia urn ivts. . . . vn.
Boon do rn 4li loflll
1000 do 4H ID21 lir.'Vi
ooii I'uitiio tiarv M J pa... u.'u
nnjl t,,,lnv nan m ll.ll
imC
12
n:,'t
B8
Bank of England Iteserve Less
tNOON, Dec 14 The weekly tate
MNtt or the Bank of England howa the
fallowing changes : e Total reserve de
BCfrase4 It If ,800! circulation Increased
93,000; lmlloi decreased f 838,999; other
nfitti dtcreasotl 18.809,000; other de
puMtn. dereaed IS.4?l,Wi public deposits
AmewMtA It.01,8; Government securi-Tiaa-
unehaAiwd, The proiwrtion at tha
Bnk' nm t lUUlIttw is iiw n.1
W mm, gw MkWTm-muu sm wi
?LOnil llffaillnr D,n 4a..
2000 lly Hll Hprlnia fta '.It. OS
AOOil Ht l.llli a sen Sa.. 84 Ii
floOIIO tit I, 4 M F In 4a .... M(
1000 ila nja 4a ......... 81.
13S.10II do Her A ..,...'... 7(14
46000 do Her II ......... 80U
6000 St I, Hwn let 4a,.,., 78I
2000 da con 4a ....,.,,, 0Ht4
10011 Stand Mill Ba.,..,. . 004
8000 Heauoard A U ad Sa. IJ'I'J
BOOo Houth Par 4a 8il
20000 do cv 4a 87
81000 do cv ret I p Sa. .101
22000 do rM 4a U-'S
11(1000 South Itwy- sen 4a.,, 7.Mi
MOO Teiaa A Vv lit Si .101
12000 Tenia Co rv Oa . ...too
jdOiH) II u Iteally Sa lu
17000 IT t) Steel H F Sa ..10(1
6600O tin K of tlr II A I Sa ORU
12000 lln Fuel tla lOlS
2ono Union 1'ao Ut 4a ... 08(1
1000 do cv 4a oSVi
70(Mi lln nwra S F 4a "... 37
2000 V Or Chent let Sa.. DUTi
inoM do fla 1ft2i(
eono V nwv Ba on
10OO0 Wab-P.T lit ct t p 4a 83
inoo Weat Union 4 tie ... od
25000 Wlaeon Cent sin la.. D24i
NEW YORK COFFEE MARKET
NPW YORK, Dec. 14. The market for
coftea futures opened steady this morning
unchanged to n decline of 2 points. Trading
on tho call was active, sales amounting to
30,750 bags.
Today's
opening.
New York Stock Sales
tiw.
IS
fit
12
OI'i
07? (
MM
TIU
1I7M 117M UiH
rif out r,m
ISM 14 II
7IH 70!f -7IW
fl?t m 80
ISM 4RM 4)i
tH
S!04
p m.
IS
12U
Ml
DIM
mn
MM
71 M
Met
. . , elm. l!lh.
Adr nnmelj' g jj
AfM Uabbtt ,,..,, 82 ftl
A Uiks (I M 24 12)
Allle-Chalniert ttfg m 3lf
Allll-ChM Mf pi RM RO
An At ChTnlcal 03 01M
Am nt Hugar .10114 102
Am Cm .....MM fi7M
Am ur rnj , J2ii
AM Cr Fdy pf...,..lo
Am Cotton Oil , , tlH
Am Tilde A readier. ,. , ifiM
Am lllda k I, pf , 7.1!
Am rxximotlre ,, fl7i
Am Milt COrp'n lit .... M
AmEffldt A tlef .JlOtf IIOM 105M 105M
Am rmru it pi.,., ll&'iliri r 11i
aid nnin Kenning. ,, ,,.ii.uf ill
Am fileel roundilei.,,,, iwi oo)f
nm i ci i ci. ,..izn
Am Tobarco 217
Am Woilen 4ll'j
Am Woolen lf. .... . . o.'M
Am Wrlllnf p pf oi))j
am f. u fl; . ........ . . r.l
Aharon il At. .f.
GURB BREAKS BADLY
AS SALES INCREASE
Trnderft Offer Slocks nt Conces
sions Butte Copper nnd
Zinc Very Weak
Sales in Philadelphia
niM
120
210
IMM
t;g
01 k
ll.'C
CTM
J 20
210
4M
POM
M
W)
MH
11.1
ARM
120
210
4M
JHJJl
m
AtehTopASF mtM lOllf 103 mi
AlfhT&flFBt ...llXI't 100JX 100)j I00M
All Coast Line IIOM Ul 'i 121
All CJulf A W 1 1.1SM 13SM I29M Ml
JHldl-ocoWkj 7B 75)f ASM 71f
iianunio rM, hSJf mil 8IM
nirrettCo 102 102 o7M l7lf
iinmi.ijn nip I r hi
lltille h Sup OIK
Cal 'etroleum y.tu
uarnoian ricuic
Central leather
Chandler Motor 104
Chei A Ohio fl.lK
Chl Oreat West MM
Chl Mil A St 1' 02M
Col Om A Kim 47M
Chlrtt Al'ae 30
Cdllo Copper 21M
Oalno Copcer 03 a
Col Fuel A lion fillf
R3M 8.1 R3
m oo no
2fi VI 2tH
I00U I07M 107M I07M
..10 lOfllf OS OS
107M 10M 107M
oo w 0.1 . m
MM
01M
I0JI
Conolldal.l On...
Corn J'rotliicts Iter...
Crucible Steel
Culu Cane Sunir . . .
Cuba Cane Hnj.tr pf
Illilll fVc Corp'n....
Dome Mine)
Erie
Etlo lit Df
Erie 2d pf....
.131
a.".
77 i
f,0
1ld(
40
20M
M'i
Gl
41M
30M
20
oi M
mm
I.U
jr,t
77(
Mb
I17M
40M
20!'
:i;
COM
4IM
.18
14'f
DIM
-t.'.M
37M
2I)(
00'.'
48M
131
2.r
o:.m
;,i'(
07 m
ur
20
30
U)
41M
37
OMton W A W 37
Oeneral Hlectrls 1OM 170M 171
Ooodilch II V COM 08M C7M
uranor uontoi uo ino
O N cTi tor ore prop,... 4IM 42M
tiuir riiatM tstoei i.v;
anlfSlalei S 2d pf 175
il p m.
ln.i
n:iw
117
llo'i
in
10.1
O'l'l
80
i:i,
III!
till
IIKI'4
04ji
IMS
103 ,
loo!
00 5
102'.i
"7.
i:iu;i
8.1 S
ii l".
M
7SW
iih'j
oa
nn
101
110
f
7rt'i
ons
1M)
110
IUM
COM
17M
r,8
MM
DIM
4ftM
37M
21M
02 J i
4!)
l.'ll
23M
O'j
r.i's
07M
37
20
30M
no
41M
37
174
07M
00M
3RM
130M
MO
01
com
17
lM
OflM
38M
130
MO
01
C0J(
17
40M
100M 103M I03M
lfiif 43l 43.M
Vi'i ao
1MM 101
H1J. 8IM
251j
MM
t,
07M
70M
120
7M
03
71
12),'
liil'i
aiHf
11B
31
17M
17M
KM
20! S
IIM
30M
DIM
112
28M
UIM
JJSM
A3M
102M
81M
120
74
Oil
CM
43 M
KX1
4.'1M
UU
3.1
ISM
18M
10M
20tj
30
10.'.
81M
'GM
C8M
CI
1)
80
120 -
73M
03
71
ll'i
OO'l
no
31
18
17M
O'i
20J1
104
30M
AIM
112
20
I nip Con Cop o-l
Int Atrlrnltnral pf CO
Int Con Cor v tc sh .. 17tJ
Int Paper C7
Int Paper pf 104M
Int Nlrk r t cf 15M
Int Mer Mar ... 4Ui
Int MrrMar if llt'-i
Jewel Tea ..i 8i
Kan City Southern . . . aOM
Kan City Southern pf. COM
Krnnrcott Cop sh C2M
Lack Steel Co HUM
fohlctt Valley '80M
Duett A Myers pf 12.',
Manhattan Shirt Co.... 7IM
Max ell Motor 00
Max Moton 1st pf JC.'j
Max Motors 2d pf. . . . UH
ilex Petroleum lot
Miami Copper I2M
Minn St I' ASS M ...UK
Mo I'ae w I ;ir
Mlwoiirl Pacific 17' i
Mo I'ao tr rfi ,. 18M
Mo Kan A Texas 101 i
Mo Kan A Texas pf 20M
Montana Power 10IM IOC)
jvat Knam am uo :i,i ;n
Nat bead Co 01 OlM
Nat Ix-ad Co pf 112Ji 112
Ncv Con Cop 20M 20),
New York Air Ilrako. ... 100 ICO IC2M ICC
iiew ioik ucnirai lOli'f lUOJf 1U.M 10CM
NYN JI Alt C4 MM r,3 fin
M Y O & West, 31 :i:i,- ;n ;u
Norfolk A Western 137 1,18 1331$ l.ISM
Norfolk A West pf MM STiii HJM MM
norm American i'l t'i TJ 72
Northern Pacific Ill J uiiMMI
OhloCIUesO 1UI 112 10,1 IOC
Pacific Mall 2f,i$ ;Vj I'lIM 2.1M
Pan-Am 1'et A T pf ... 100 09M 00M l-D)J
i-enn uawuaii rm)i ftli'sj WiJi r,(J
rropios vi.ti 1,111...
rhlla Co
I'llts Coal oof dp.,
ritts 0 pf c of dp. .
I'rrased Steel Car...
Pullman Co
Ily Steel Spss
Ray Con Cop .,
Itcadlns '.
Itepubllc Iron A H..
Rcpulillol AS of lie
Sason Motor 70
Seaboard Air I.lneV fi(
Seabpsrd A I, pf ;i8M
Seam, lloe A Co 227
Shat Ark Cop 2'l
SIOM-Shef S A 1 73
South I'orlo It Sus 212
Southern Pacific t'BJ i
Boulhcrn Ily 3j
Southern Hy pf 00!
St I, AS V wl 'JCf
at Louis soutnwest 20
htuucnawer Co.,
Stutz Motor th
Texas Co ,
Texas Co rights
Texas Pacific
Third Avenue
Tohacco Products....
Union llac A Pacer..
Union Hair A I' new, ...102M 104M 100
uniiwi uiear mores.
United Fruit
Union Pacific,
NIW YOIIIC, Dea 14. After a iren
ernlly steads' openlnK. with small frac
tional gains In the rnont Important Issues,
the Curb market before mlddar broke
rather sharply on heavy selling almost
throunhoul the entire list. Traders were
conspicuous In offerlnn stocks at conces
sions. Many stopdoas orders were reached on
the decline, although In some quarters the
selling was due partly to unfavorable
rumors.
Ilutte Conner nnd Zlno was one 'of the
weAkest Irsuoj, duo to heavy selling that
was attributed td Insiders, breaklnr nearly
.6 points. Vacuum Oil and Or was also
offered on a heavy scale nt concessions,
although later supporting: orders caused n
small rally.
Other mlnlnir stocks were also affected
and yielded considerably,
Wright-Martin Aircraft was another
wenk Issue. After openlna; up fractionally
on heavy offerings, It fell nearly 3 points,
but rallied Inter nbout a point.
Mldvnlo Steel, after a show of firmness,
yielded about a point, tlutterworth Judeon
at ono time showed a loes of 4W. Central
Foundry Issues were down about 1'4 or
2 polnls. United Alloy Hleel fell 2 points.
Trnnsue Williams a point nnd Hutimnrlno
Host n point.
Thn railroad stocks wern generally Arm
but comparatively quiet. Itock Island com
mon was up M, 1'ere Marquette S. and
Wabush, Pittsburgh and Virginia moved
within narrow limits.
It Is undrrstnod that the Mackny Stephen
InlorrsI, which controls thn Diindec-Arl-xona,
conteinplales' the llntlnc of property
they own In Superior, Arl , opposite, the
Mngmn mine, the par value of which it til
be SI.
OH stocks were also affected, nlthough
declines In most Instnnecs were of small
proportions, Tho; Standard Oil Issues ruled
steady, whllo orao of the Independent
stocks ran off Independently.
1NDUBTR1AI.H
SO
10K
es
4 J
tty.
SI
Aetna. Kioloalvaa
American Hrltlah
lUnuracturlns.
American Writlns Paper
any
Koumlw pref
American Marconi
American Writing .
I'nniullnn Or Compaiiy
I0C.M 100M 100M 100M
41 43H -VHi 42M
1SH COIf -I2M
112 112 111
81 SI) 7CM
.I03M 103 103
CCM CO CI).
K044't3Hf 20
107M 10SM 100 i
8'f 84M 7M
1W
7C
17
,VJ
223
;0
7C
aw
08M
32)1
70
27
.iu.'i
4M
111
VOM
103
CDS
20
107
77J
114M' lllji
7A T.c.
17
III.I
. 0'4
. 12
. S
, Mi
, 411
, 7S
ir.s
HH
as
, r.1
.14(1
4 8
ITS
A
021,
4fl,
0.1
IK
K(l
11!
II
.11
4
k;
a
1S'
Canadian 'ar and
t nevroiet Mntora
Crninp Hlilpliiillillns
(inrtlea Aeroplane
KeilerAl Dyratutta
(teneral Mnlnra w I .........
Himkcll llnrlcr Car ......
IlrnOee Maniiracturlnff ..,...,
ICatlioilInn llrunxe H'J
Laurel oil nml (laa ...
Mixlm Munlllona
.Manhnttnn Trnna ..'.,.
Mldvilln Hlfl ,.,.
New Ynrk Hhlpbullillns .....
(Ilia KloHtnr
I'eerleea tuttira
I'onl Kni; .,, . , .
H H Kreacn r 1 ...
Htnndnrd atnmra' ...
Hubmnrlne Hunt
Trntiaun IVlllluma
ro,. Hhln .,
11 H Hlenmahlp
TrlnliRle Kllnt
t'nlted Mntnru
I'nlleil I'roilt Hlmrlne
u h i, it ii mm
I' H I. It 1M
World I'llm
Wrlsht-Martln
ItAM.HOADH
Per Marquettn .11
Pern Mnciuetie pf.l n7
Huek lalnnd rntn 4:1
Hock lalond p(d A 01
llmk lalnnd pfd 11 . '14
Weat I'nrinc w I 21'U
IVrat l'orino p(d A1
Wabunh-I'ltiauursh S.I
STANDAItn Oil. HTOCKI
Illinois -'.1J
Ohln SSII
I'ralrln Pin" S-11
Hlnndnrd I'll nf I'nlltnrnls ann
Hiamlitrd OH of New .leraey (Pin
Mlandnrd OH nr New York -70
OTIIIIll Oil. STOCKS
Dnrneil Oil t. (! 21.
Federal Oil fl'a
rnailen OH HH
Coftrien X Cn IRI
tntfrnultonnl Petroleum II
llnualnn OH i'lli
Mldweat llrAnliiB 70
ltnal Dilli-r, 0;l
H.tpulim Ilennlnir '
MINI Nil STOCKS
Atlnnln
Mnakn Cnnper
C
HIM
SO
225
27M
70
20".
117
31 M
(10
2(1
20M
30
22C
27)5
70
20C
07
:a
7d
27
30M
118M I17M 113M 1MM
01 COM CSM CSVj
109)j 200 100 nm
24 SIM 21JJ 2Ui
18!,' 10M 10 10
COM COM COM COM
COM MM C4 CI
12M 12M 12M VJH
100
OS OS OS OS
.16HM ICO 105 105
, 145M 145M J4IM 143M
. KUX l K4 81
. 24 2 1) J 21M 24!i
.120 125M 114 1IU
ll 12M 12 12M
. 2IM 21 21 2t
00)f 07 KiM 03)i
71M 71M GO'.' 001,'
Union Tactile pf
UflOI P Al......
USInJ Alcohol
United Ityjlnv
United Jtyslnr pf
US Rubber
USSR AM
u b blccl Corp'n UOM 120M 113 113
u a Bteel corp'o Df 1211; i-jiw i-ji nut
Utan Copper 110M 117 110.M 110M
Utah securities 24 21
va-uaro uucm .I0!f 45
Va Iron Coal A 0. 67 55
Wabash J5M 10
Wabash pf A COM 67M
Wabash pf II 30M 30M
West Union Tel.,.....,, 1L2M 101
weal isa il..
W ALKwl
W ALK wl pf
Whlt Motors
Willys Overland... ,
WUasla Central.,.,
Worth Pump pf A.,.
Worth Pump pf B...
CSM 68M
22M 23M
01M 52
52 52
37),' 37M
SO 50)j
08M 07
58)) 58
t
45
53)j
15
505X
30
102
MM
22)5
52
62
30
4U
U7
68
21
45
53M
15
50M
30M
102
C4M
ran
ca
62
3d
40
07
5S
Hlal topper (a proa) .......
Ilutte cnpir-r A: Zlno .........
Iluttn N Y
Oerro de Pnaen
Kmnia Connolldalcd .........
Itrnt .Vnllnnnl ,
Klnrrnrn (lotdDrld ...........
'Inliineld Jlerirer
Ilertu Mlnlni;
llne Hound
Independence Lend . .......
Jim lluller
Iiimlio Kvtenalon
llrKlnley Unrrash ...
Ilncma Coptter
Mlnen Company o( America ..
Xiplafllnv
Kay lterculea
Han Toy
Ht. Joaeph lead
Went Knd ConaolMuted
Wlllto tlulca
BONDS
Am T T new (la
Cerrn fla
Trench Municipal Ila
Mlihale r.
HuaalHn llh a
do T.a . . . .
Hlnelalr Oil r.s
United Klntdom, . ',ia .l.yenr.
7
:
.:
I..
J'4
7
7i
7
20
H.1
LM
n.i
4)
4I
ir.
171.
117
4
. . nou
..117
. . 0()"
. . 11(1
. . 00
. . IH'i
..US
... 07'.
Asked.
OH
1.18
111
an
M'l
141
4.1
I
7
"n't
I
ns
4.H.
I7
Inn
ist;
7
3.1
411
00
ll,
f.n
I
1J4
la'',
nt't
no
44
0.1
77t
ca;
eo
25
21(1
,1'1(1
.140
BUI
7110
aid
a
.ft
17
11)4
L'3
h'.'
r.q
10'i
it
;s
4
2.1
8
is.
24
IIO
S3
r.s
42
S'i
II
.7W
10
70
4H
00h
un
07
07
UPS
IHfl
3JtI
ltlch. Ijo.
6 Am flas ..lis If
70 Am Ily pf 07 07
(to Anne Cop. sH H
A llrlll J O,. 14 II
to CAn Psc .l 1
40 Cme fit .. J,4 71U
Sin Klec Blor .70 JJ4
leo l!rle 1 l
10 Key Tet pf 07T4 !
SJS7 t.kflupCrptS IU
710 Irfti Nnv.. ss
te Ih Val... HI SO
100 Mo K A T lOVi 10tt
it Mlnehlll .. KS 1 H
1110 N'ev Cons. tH tsti
SSI Pepna II It "H
nil Pa Ball M 0H 01
SO I'hlls Co . 41 41
000 I'lill.t ICIec 10 tM
1H0 PUT Ir cfs llti .
It Phlla Trne II l
0 Itep Ir A (I SIM nt"l
140 nesdlng I01H l"H
811 Ho Itwy . I!t 1)
Oil Ton Ilel... 1 4 10-10 4
4 is Ifn Trac. 40 41 W
ioo it it I .... ooii no
ItSJA U H Bteel. 110 1111.
1 W Jer A B 10H 1014,
Ito W Cramp. 01 sou
10 Tork Hy pf 1H iM
nnNn. .
111(11. I)W.
1J800 A OAKI Bs 0 01i
lono ChocKnDs.loi Jfll
lino Ulec Peo
Tr Is. .. 11 t4
10(10 Itarwood
Klec 6S..I01U 10'Vi
4000 Key T Ist
Gs 01 ti 01
10000 l.k Sup Ino
4s SO 40
8000 I,eh Neons
4is ...I01U 10174,
10000 I.eli V'cons
MWs 03.l00i 100i,
1000 Nat Prop
1-tM . 01 OS
jooo Pa Co Ren
i,h io:',fc ioi'h io:i,(,
lono Phlla llltc
Es . .loou lOOVt
1000 ne.id Rn 4s 03(4 0"''
1000 Un Itwys t
c 4s ... 71 71
Net
rtn. rhire.
110
97 H
M-l
14 I
1 .
ny ow
w in
17 v.
6J?4 H
ii i
i 1H
H
llVi H
8! W
H
1H
W
V.
H
Mi 1i
ioik
tt
IBild NIC
4W V,
onw
lltH OW
80 V4 .....
oov, in
IflW 44
LOdAL MARKET GlDTS ALONG WELL
UNTIL BREAK COMS IN NEW YO&l
Local Issues Follow Trend of Wall Street and Sell Lower!
m fj. ti L.iA j ' rtH a rrs ir . "ai
xransib Vjertiiicuues oen at rop ior xear, Then
Fall- Alba Johnson Is Optimistic
Ke!
Clnee. esse.
oor
101
llti
101 U V.
07 h yt
40
loin
100
os
ion i',
Dili
71
w
The Philadelphia stock market Rot aloms
pretty well today until the New Tork
market was placed under pressure, result
Ins In shsrp declines. The market here
Immediately followed suit, and while the
chapRes, as a rule, were not wide, yet
they were mostly all to lower levels One
very encoursRlnir thin was shown slocks
were not thrown on the market Indiscrim
inately. No one In the Street believes that
the msrkel will do very much for the re
mainder of the year, and with this the
sencral opinion II Is rather bard to make
a market In any Issue.
Tor some time durlnR the mornlns Phil
adelphia llnpld Tran-.it trunt certificates
were prominent In fact, they were the.
most active throughout the whole day. Par
ticular Interest was attached to the certio
rates by reason of the fact that they equaled
the hlish mark of the year, selllnp; at JSM.
The high mark was Just a point above the
final price of yeslerdny, and the upward
move was brought about by n continuation
of Ihe demand which appeared In tho late
trndlnir yesterday, The Rain wnn lost, how
ever, when the remainder of the market
turned downward nnd there wan a loss for
the dny.
Those In the Street who nre familiar with
the compsny's affairs know that the earn
ings are comparing; very well with the
corresponding; period of last year. Today,
In quarters which nre usually .well-Informed
on the affairs of the company, II
wss Aid that earnings are runnlnc nt the
tlon. It was
operating
said that
rale of between J030 and ltd 008 . j ',
To account for the early .irV;!Sl V.-;
the earfilhRe were spoken of. ami i- Zr.M
.1 . 1 OQGU
a new pool sraV
Of tho local share-, t.t,. . Z
th n.n In ii... e ...:" Prier sriir
t..r.e .."." r ".v.'"""' eieent f S
....... Ftnu.1 m ms mornmr, th, -iixi
wns weak Ihe whole day At on niil
the afternon It showed a lews of t,,?.,"l
points. niectrlc StoraRe natter Z JJl
a full point before midday buT i"1'
neinrnnnr, I hi. ... .., j .' "u '0 DmS
Mmda"hnff;w,VUlm5
uuikiiiik w unennngea ror a Whlu ii.
It. too. fol owed Ihe m.ir. a.i.rJ".''. y
remainder of the market .n.i -". 7 ",
2 points. This decline, . k ' rT'
by very few sales. ",uufnl
President Alba I). Johnson, of the -..mJ
win Locomotive Works, Is opltml.tla, .
shows decided Improvement,
"There hns been stronc buying ty ,:
American railroads since Noiemberl .fil
nriler ltav liAn p.m.i.4 , a5 ,a
sldernble amounts In Not ember and S'"
cember. both American and farelen." 32
Mr. Johnson. 'The UnMwir. txJL..'
Works now has enough l6comollr ertari'l
to keep It busy for tho first half of i I
i lie numner di employes at present Is tlitftl
greatest In tho history of Ihe works. Om
being; 21,000 nt the Philadelphia plsnt aWSS
ana countinc tnose nl the 8tandtrd Bii
Works the total Is more than 1,000 " jS
PHILADELPHIA
MARKETS
GRAIN AND FLOUR
WHEAT Heeelpte. 121.200 traah The mar
ket vraa quiet but prices ruled ateadr under
mml-ratn ntTerlnaa (juatatlnna: cr lota. In ei
porl elevatnr No 2 red, apot, ll.nOVI.OO. No
a eoulhern rrd. $1.0IV1.07 nt-nm.r So 2. re.1.
.in. .no .1 red, ii.r.-ri.ni, rejecien a.
ed, II. G2lt l.m.
II. (1 St it I 37.
Ilt.811 buan. Ill
J li 78
47.SU
II SJtPI.
ii nan i.
("OIl.V llecripta, 111,811 buan. Demand waa
llaht with no rhanro In tirleea Quotallona
far lola for local trade, nm l.. location New
weelern. cool nnd aneet, SI. 011. 01, new
aaiiiheru. root and aireet, ORcll.
OATH It-celpie 48.713 Imah. Prlcea were
alrndllj ti-ld, but there win llttl tradlns. Q"
latlona Nn. a white, S8iiHc: alnndnnl
while. 8Sr.SU,c. No. i white. 07ri7lc. No.
4 while, 8'kr9Hc; aample nala, Silt (rSlttr.
ri.()l'll Itecelpta, 28211 hlda nml 2.70S.I1I1
Iba In ancka There nan Utile trudlnc and the
market waa largely nominal. (Juniatlnne, per 108
lla In wood Winter clear. 10, 7.1((7. do. airalxht.
17.2807 80: do, patent, I7..'.(l7 78. Kanaaa,
dear, lotion aurka, Ii. 105(7. 115. do, atralxhl,
cotlon aacka IHttH 2.1. do, pntent. rolled aacka,
JI 25s 40: aprlns. flrat clenr, 17.7BW8: do, phi
enl SN.13UH.ll3s do, tuvoritn br.nnja. IOItD.23,
riir ii,,,,, rnoico nun tancy patent, sutrn
rur mine, resuiar jruuea winter, clear,
VI. do. atralsht, 17.260 7.50, da. patent,
WV.7.1
..'iYK F'-Otin waa nulet but ateadr. We cjuote
17 SOWS wr bbl . sa to nuallly.
PROVISIONS
Thero waa n fair Jobblns demand and prlcea
ruled Inn Quotallona follow. City herf,
In aeta, amoked and alr-drled. 34c; wtatrn
beer. In aeta, amokei .lie, rlly be-r, knucklea
and lendera emoked nnd ulr-drled. 3.1c: weatern
betr. knucklea' and irndern. emoked, 35c. beef
. i-nyjui porK iKiuur. wusiium; name,
i?AA:.".ure1-J00", l"1 ttSOe. do, skinned, looae.
2020?te, do. do. amokrj. 2tU31Uc. other
hama. amokad. city cured, ua to brand and
,T,r'j 'lc: liama. amokrd, wratern cured,
Oijc. do, boiled bonelraa 3tc. picnic ahoutdnra,
i?'i..'- cured, looa. i.ic. -lo amoked. IOcj
hei, In pickle, sccordlnir to nverase, looae,
I'.c. breakfnat bacon, aa to brand nnd m crane,
cllv l,ured. 22c. breakfaat bacon, weatern cured,
JJc. lard, weatern. rellned. lea. 18Uc; do, do,
do. tuba. lS'.c: lard. pura. cits, kettle rem
"irrubic1"11' "u cUy- kBlt"
REFINED SUGARS
The market wss nulat but ateady at the late
deillne. Itefliiera' Hat prlcea. Uxtra line eranu
laled. 7.18c, powdered. 7.3Sc. confectioners- A.
7.0.1c, aoft sradea, il.40W7c.
DAIRY PRODUCTS
e-!iUTT,5'Lnr",l.cy ",0.i;u "1IJ fn'rly and ruled
nrm. with euppllea well under control. Quota-
una: "r.i.ra, rrean, aaiid-parked' creamery,
.ncr i-riai. 1C eilraa. HDU40c: extra
WHEAT DROPS AGAIN;
CONDITION FEVERISH
Prices nt CIosq OiT Vi to 1.
Cents Affected by Wall
Street Weakness
rirats.
3H(c.
l8040
3037Mici
aeconda.
nawauc, renovated, eitra. 3.1c. do. ilrala. 34ci
nuvs'.'o, packlns
lancj. i.'C
Heceiuber
January ,,..
Pabruarjr
Hard, ,.....'. 8,Sies.JS
April , ....
May .'8. CO
Jun ..., ....
July 8,8308,07
Ausuit .')
S.ot.mber 8.70ISS.78
tViW' k'ii
November .., S.OO
Tealarday's
cloaa.
H.I2WH.13
s.sSfis.so
S.STMR.SS
S.4SQ8.4S
S.S2S8.03
8.8808.39
S.fllHM All
ivamtH
m.
S.7i8.7'J
.78f 8.79
8.09 fl 8.0 1
BAR SILVER
Commercial bar stiver was quoted at
75S In New York today, off i,& The price
In London was 3K. unchanged.
DIVIDENDS DECLARED
1111 Talapfeons .Company of Canada
3. par
Mni fnr th nuarter audio. nnmM.p ai in, a
nayabla i januarir 10. , lltT to aUnreholj'cra el
rttord December 01. 1010.
National BUeult Comnany rKutar An.rf..iu
( l Pr not on common lotk. paibl janu-
re. .rr.risr. z: -jt:"-r"-"T.
ItfSVv, real & WBP4H?
wss CemiMjur. etsrslar auart.rlj or
.,iwa wm aa rei
c
1UMW!
rSjl
riZlllli nniriaplu
Jaseanr 1 to mock, f
SPECIAL DIVIDENDS DECLARED
NEW YOllK, Dec. U. Thu Northern
States Powrer Company has declared n
Quarterly dividend of 1 per cent on Its
common stoCJi, payable January 15 to stock
of 'record December 30. Th's Is an Increase
of M of 1 per cent quarterly over tha last
quarterly declaration. Tho regular quar
terly dividend of 1 per cent on the pre
ferred was also declared, payable January
SO to stock of record December 30.
Phelps Dodce & Co. have declared an ex
tra dividend of J10 a share. In addition to
quarterly dividend of 12.50 a slmfe. payable
December 39 to stock of reoord Decem
ber 18. Three months ago an extra dividend
of 15.50 a share was declared. In addition to
the 13.(0 quarterly dividend.
The Royal Raking powder Company lias
declared a regular quarterly (dividend pf
1H Per eent on preferred and J per cent
on the common, gteejc and an extra. dlvU
dend of S per sent on, common stock, all
payable December 0 to stock of record
December 15,
DETROIT, Dec. Js The Packard Motor
Company has Increased Its dividend from 7
to $ per cent on common stock with quar
terly 3 per cent dividends, payable Feb
ruary 1.
YOUNQSTOWN. O.. Dec, ij pie Brter
Hilt Steel Company- has degared o,n tra
dividend of t per Mt and tbi rUJ34- mr
trir dividend at 1 per mm m Ua 4wt
mm Muck. MFiUt w t& of ru-a i.
FOREIGN EXCHANGE
NKW YOHIv. Dec 14. Ths market for
foreign exchange In the early dealings to
dny vns quiet, wltboul particular changes
in rates from the Closing figures of Wed
nesday. Tlelchsmnrks, at the opening,
wcro quoted nt 6DT4 for cables nnd ji
for checks. later tho rata rose to 70H
for cables nnd 70 for checks.
The high figures of tho rally In relchs
marks quoted by this bureau, 70Q70U
aro confirmed by the largeat banking
houses ns the highest upon which any
actual business has been transacted.
Austrian exchange held steady nt close
to tho highest figures of the rally, but the
dealings wero nominal. Other classes of
caciuuige oo not can ior special mention.
Quotations follow:
Demand sterling, 475i, 4J4, 75 9-16-: ca
bles. 4.7G 7-10.
tjlxiy-day bills, nominally, 4,71.
Ninety-day bills, 4.C9,
Kranc cables 5.81, checks 5,81?;.
ltelchmark cables 70 H, checks 70.
l.lre cables 6.8915. checks 8.90U.
Swiss cables 4.95, checks 4.9T.
Vienna cables 11.60, checks 11. is,
Kroner cables Z9M. checks 29.40.
Pesetas cables 21.35, checks 31,15
Uullder cables 40, checks 40 13-U.
Itublo cables 29.S5, checks 39.35,
Sterling and francs were steadied by the
further gold Importations. Shipments it
la understood, will be continued Indefinitely
RATES FOR MONEY
v
New York , ,
Philadelphia.
t'hleasq .,, , ,
IKHIDH .a,..,...,,,,..,, 4 4
4
u
4 ft 65
'71 V
Hrat.
iiifin. ..c. iBiun.ri
lOCk. lUfnOc: nfarl.v nrlnla
Btaeusa !.. JAM M. ..i. ar TT ..'
3?H'i'h',.e."p'c'al fttncy Irana of print Jobbln
il l 1 V 1 rC.
IXKIH SUDplles were lery email and the
Viilii'x .rulfu nAm: !;" "ll,r ou"et for line,
frean atock, Quotalfonai Noarly eitraa. 47c
per ilo,i nearby flrata 13 30 per caae: nearby
current receipts, ll.l.-.'o wr riae. weelern ex
tra, 47c per doi! do extra rirata, 118 80 per
cnae: do. flrala. $13.20 per caao, refrigerator
eitsa, atoraira and Inauranc, paid. to January I.
extra, I10.3Q per caaoj do. nrata. tlO.'JH per
n.".", do' ,?01Jd"-t tu'6 t"T ; 'oney e
jecltil candled freah esse were Joblbns t Bi'W
D80 per doa.
CIlKIIHK The market waa qulat. but prlcea
of fine earlr-made atock were atearilly held.
Quotations! NewYorlc. full cream, fancy, 53U V
I.IWcj apeclala hlsheri do. do. fair to sood. S4U
(r.'Wc. do, part aklina, law.'lc.
POULTRY
I.IVB The .market ruled firm nnd generally
higher under llaht orferlnRa and a fairly active
demund. Uuolatlona; Kowls. aa to quality.
11,1,101;; rouaiara. iownc, apring cnickena. ac.
.u mivi.ihi. ,o, ijvi nnii iegnorna.
....M ". HU.ll.i .uuill-l UUCNB,
cording to
according to
In
quality, lOlflHc; turkaya. I'HW.'lo; g.ae. lBCf
nv, luaruiia. u.u, r ju,,r.
IT.
(I RAIN I1EI.T YKT11K11 KOnKX'ABT
CIIICARO. Dee. H.-Z-The wen lln r rre
ea for thlrljHU.lKiiirH followat
Illinois Inereaalnr elondrneaai probably
enow Frldnr nnd aoulh and weat today, not
mneh rhnnge In lemperlnre. .
IVIaconaln and Mlnnwotn -ralr. colder.
Iowa Unaettktd. probnbly anow, not
mrh rhenre In temreratrtrT. .. ..
North II ikots r.dr, not eo cold Frldar.
jiontfi imkata Partly cloudy today! lrl
iLfV fnlr. nol eo ei,Id.
'lS'ehrneUs Snow today, colder, weati
.rrWni, tmrlly rlniiilr.
Kanaa Xnnw todnyi Friday, rleaily, not
mneh rlmnce In temperature.
Indiana I'nlr. lonllnued coldi Trlday,
probably local ennir,
CHICAOO. Dea 11. Wheat remained In
a very foverhih condition today nnd fluctua
tions wero erratic VhlIo final prices were
above the bottom, liquidation wria under
way at the clone, when tho tone waa easy
at a not loss of 'i to IV4C.
The market throughout tho session was
weak In the main, ns thero wero plenty
of offerings on nil bulges. Mast of the
wheat taken yesterday wns behoved to
hnvo been for shorts, nnd thcae resold
today.
Weakness, In securities nt New York also
had nn effect on prices, being looked upon
ns Indicative of peace, and caused much
reselling.
Tho high on December was Jl.GIVj nnd
the low Jl.SI'i. closing nt 1.533, ngalnst
$1.64, yesterday's last prlco; the top on
May was $1.GS nnd the bottom $1.C5, fin
ishing at $1.66H1.CW. compared with
$l.C71i, the final quotation of ytMerdayi
the high on July was $1.41 nnd the low
$1.41i, ending nt $1.42fl'l.U'.4, ngalnst
$1.4J.'5i at tho end yesterday.
A cable from Liverpool said that there
had been no chnngo in the political situa
tion and that tho announcement of the
German chancellor wns still without Influ
ence on tho market there, which was dull
and unchanged.
The export outlook was regarded ns dis
appointing and there was a good snow cov
ering virtually tho entlro belt. After the
end of business the feeling appeared to be
nervous, pending fresh dvelopmentB abroad.
Corn wns not nctlve. Prices, however,
finished lower.
Oats wero better than tho other grains,
ending above yesterday's close.
Leading futurea ranged na fullowa:
Wheat Yea'day'a
Open. High. I.QW. Cloae. cloae.
Ore. . 1 H2H 1.B4V
Ai.iy . i.n 1.11s
Financial Briefs j
tVllllntf, I.A-, nn.t til. T. . .
" " "" """ "" ". morgan rfr
today elected members of the board
director or tne (.entral National Bsnk
November gross earnings of all th prep-
ernes controlled by the Utah SecortUet
qompany were $S0.,m, an Increase ef
$70,044, as compared with November, 111$,
The net Increased $49,432 to $211,(11. or
twelve months the gross touted It.tl8.llf' '
a gain 01 J7oi,z4, while the net artTeraie
$3,063,950, nn Increase of $57t,33S.
The New York Subtrensury lost .
uaii.uuu to tne imnKs yesterday, msklng I :M
cash net loss slnco Friday of $14,:,OoJ. !
John 'Williams, Jr.. has been elected i
director by the Itepubllc Trust Comn
fill tho vacancy due to the death e
to
Stephen II. Colladay.
Gold coin to the amount of 380(1,000 hit JI
uccii tYiuiumnii iiuili ilia it"Tv XOrK Sub
treaur' for Bhlpment to Cuba.
:
Increased
Earnings
r
July
1.44. 1.44
orn (new dcllery
01
nou
m
B1U
Deo..
.Hay. .,
July .
Oata
flee...
May, .
July. .
i,ara i
Peo... lfl.72 v
Jan... '11(0.1
May. . IK 02
Itlbe
Jan... ia.sn
Ma v.. 14.22
Pork
Jan... 2(1 711
Hon-.. 2A.30
Hid, tAaked.
HtlV.
OlS
01S
r,o'4
ni'l
1S.72
1(1.12
10.17
1S.0.1
14.27
2B.S7
2a.4B
IIW.
1.B2',
1.R.1
1.41a
BS)i
HO
80 "i
ta
B.llt
BOS
1S.BO
IB B.I
in. oo
is.R.i
14. IB
211. K.1
28.20
i.ens
1.42S
sn.
"'W
DOS
4Bi
RS4
wr.
in, bo
11B.07
tlS.OD
1 1.1 R.I
114.2(1
2H.S.1
t26.8J
1 Bl
!.;
1.43't
kiiU
tmu
PI
40S
BS
S0.
111.72
1(1.0.'
10.03
I3.S.1
1 1 4.211
20.70
28.17
Is Kaiennee were !S0? oref eanilnfs
et Ike prertaoa mentti. TeUahewlar.
totether with tb reeeat tacottrlac et
rich copprr are, hae attracted Buck at
tuition to tbls promHnjt copper (
dncer. Writ for ocr detailed report
ulllolsg Ihe arsreaalee dereloDSuat
wort and poMlbllllle of Toaltunai.
JOMUS 4 BAKU.
WUmtr Bits,, PMtattlpXIa, fa.
PUut tend mt a rort lr CJMly-.
Ileal rrporl os rla4.
JLidrttt ,
Ctfy ......... ..i
...--...,
123-T. U,
ttatt .......
JONES & BAKER
stock nnoKnns
Widencf Bid,., Philadelpl.ii
Deli. TTalnnt 1600-1.
Keraton. Itac 2200.
Dlrecl Ylrala B'lrea Coimtettxf
Ktrr York lloaton
Clilcnao I'lttabarstl
rt
vm
..
"SfW
'
k (
INVESTMENT
LOCAL MINING STOCKS
TONOPAII STOCKS
ner
DI
Arm. ivllh
tatlona ura aa
2Nl30c
do. young.
na r. 2002.1c.
lUSHBll L'holc atock aoid fairly and ruled
upimr. wrvii unurr rontrpl. WUO-
aiuwa; Krean-Kllled. dry-packed
folU
lb..
turkeji. per lb.. fancy. nearby. 20(27ei
fancy western. SSOSTei fa r to good. 52424e(
common. istr30o:.foerla. 12 to box, dry-plckef
fancy enlected. 22M ct do. weighing 4H fa lbi
.ci no. o 10a a
ISWlUc; do. 3 Iba
do. 5 Iba
It... A 4 I
.packed, fancy, dry.pt.
and over anleee. L'tiVln wl
Iba. apiece, lOHc: amaller aliea, HOIOcs
a. I J to box, dry-plckef
do. weighing 4H fa bi
apiece 3lci do. Vi iba.
a. apiece, int7c: Jowla.
ncy. dry-picked, welghlne
ghlng d
old
apiece, 22
anlece. 1HI
In bbla,. Ice.
(.IV3 iba.
rooatera, dry-Picked. IOcj roaatlng chlrkena.
wranrn. ury.picaia. in Doxsa, walghtng a Iba
and oyer, per pair. 2Sc; roaatlng chlrkena, weat
ern. In boia. weighing 7 Iba. par pair 21c:
roaatlng chickens,' weatern. Ica.packed, In bbla..
weighing H Iba. and over, per pair. 2U rj.2 in;
oaating cnicKtns, waitarn. In bbla, weigh.
1 lua. per pair, . ivc: Urolllni chl?k.
eos. .. veatern. In, boxes. welxhtnr s
Ri.,b.lkrp,r p,rl MX?s. eh'ns, wabrhlni
rii?.l,JB:. pr ""H' isffllei do. mixed aiieaT
1HCP20OI broilers. Jersey, fancy. 2ga0, hAiii
Mrm nil. m mak ,.. uia.vklnv 1 IX a .. il . T. "
-.-.-... ..t.h. nv.B..,-.s nrri ido.
oir.DC. uruiivra. naaruy, smaller
ducka. vieatarn. IS020o; geeae wtstai
laaua, wr gm.
roaa
Ing
weighing
02 Iba. apl.ca.
r alias, 23Q2ftoi
restarn, ISdlTo
: 11 loU Iba.'
R?.r A."'2?."i.w.1,"l.r:!1M"'. l 10
v. -.. '.-V.VV
,.:'! Tsr-ri".' ?".'.' "'ji? s.iba
per doi., 1404.311; do, da, 7 IIm. per do IS so
OS 75! do do HOOHi lbs. per doa lv,TsbToi
dark. 12,6002. dm email and Sa. i. d6eO$ "j
FRESH FRUITS
rT',.Jn:rnrt, ?- ?&1 "n,d"..'?.f.
piee. per ddi jonatnan,
Clolden, l4.S0ns.23t York
Liavie. is.nacra- uaidwin.
unaraaaa. i-.uuuj pu: greening. No. 1
woi 00, ungraded. '.'.oo4i Klnge. No. 1.
ungraded, ii.ouosioo. Htayman. No.
. ungraded. J2.BOQ3 so: Wlnesapi
US: do. ungraded, IS.SnOs.so, Apt
do, unara
H.JIOOSi 1
I49S: do.
I. MOB:
.No. 1, 14
I1ANK CLEARINGS
Hank clearings today compared with corra.
spondln day last .two yeara: " corre-
iia.
IBIS.
1914.
10 or
leas.
s
IhlUdelphla..$.1S,o,i2,asi 4S.sg.ssa 5 1 lsiem
llgaton .... Rt,S38.7d 30.UsI.507 ''I
New York. .S93.412.1S0 823.2l7.bSg 287.793.bil
Reserve' Banks Discount Rates
Over 10 OyarSO Over 60
us to 3b. up to 0. ustqeo.
1 I
Alt
OTJK5W- -SfflSi
,.- ia-H-jfj.
IU
lloaton '. ..
New York .
Philadelphia
rtaoland .
Blahraond .
Atlanta ,
Chicago 3Vi
Bt louU . . . . S
Minneapolis ... ,
Kansai City... 414
Dallas
San r'rancUM. I
4
4
4
4
4
4
4
44
4
1H
Haston
New York . .
Philadelphia
ClewiUnd, . .
Rlrhmaad .
Atlanta. ..
'lil( a , . .
lrl
Agrloul. "Trade accepl
uier vv, up to oo. up
,3
d acceptaact
1 rrn w 1 1 ytM. a . . .
R
a
s
i
314
9
P
a1
18
-
an
3
nlea. northweatam. ne hai. IL(uiii',nn r
oAs. per Ira, 2.tt0WS. Oranges, Klorlda. P.r
rrte llrlght 43 18WS; Httsset. I2S32.73;
Tangerines. Florida, per etrap. 3O.r.0. Urane
fruit. Florida, per crate. UOi.1l.. I'ineapplas.
Florida, Indian Hirer, per crate. J2.50Uf.BO
Oranberrlee, Cape. Cod. per bbl Fancy, lata,
varieties. ISOOi Karlv nlack. ISOIIIUI "ni.l
berries. Cape Cod. per crate. I3W3.40. do. jr.
w. us.. vr &.S.B. ..vu: uu. ua. ..mr
' . i A.T ' ... ' 'i J" .T ...' -t.' ".
"W- ll-?
tvuauci
Heckel,
Ktlfsrs, per
Pr
ji.ouuz. nirawMrries. eiorida, per t.,
lei Peara, New York, per bush, harnperw
' ,6?S3'.l5h;",on "-M2. Pears.
s, per bbl.. 1263.
VEGETABLES
Trade was fair and prices ten. rally were
steadily held, as fallows. While potatoes, per
bush. Pennsylvania, choiw. il 6301 70. New
York, choice. H.SSOl.eo. Whits potatoes. Jer
sey, per """I'.wkw,!!. awesi'Doiaioes, Kast
oars, per uu,.- io, I 2 alley
arn eoors. per uo,.- io. i s alio? 43. Ko. 2.
ll.Ol SO. awest potatoes. Delawai. and Mary'
land, per hamper, II 01 23. Sweet cotatosa.
Jersey, per basket No. I. TBtrpo. No. 3. 400
eflc. Onions, per loo-lb. bag No. l. ia.sats
4.15; No, s, 4i.su03.se, cabbais, DanUb, par
lOIlt WV.W. uu. MV.U..MO. Wr OQ Q9W9HK.
Spinach. Norfolk.. per bbl, UOi.Su. Kale, Nor,
folk. pr bbl., 00 U 75a CaulIOawer, Norfolk.
Kr crate. ltl BO. Lettuce, Vlorlda, per
sket. 1282.80; do. Virginia, .per basket' 1 (J
l.SO: do. North Carolina, per basket. 1101 GO.
lleana. Florida, per L basket. l,B03. Kgiplant.
Florida, per box. S.2BO M Peu.ixrs, Florldi.
r.r box. IS BOO 4. Sdussb, FtorfOa. per box.
1.70 W 2.2J. f.aa. FluilJi per baoEet, 1304.
NEW YORK BUTTER AND EGGS
NEW TORK. Dee U
3137 Market straits On
quality steady
-BUTTKR-
tva (fades.
Bee, lets.
Medium.
Ilticher maatinx. aae40l4A -tin
S3S: Stat dairy. Stft&Uct iw
e I& flteer g?s,d)SS-
KaO-K4lpt, ,(M VtfM,
edaiurr.
dans In fltker cr4u
SlMite rta.dr -wUh. u4f ate
wmt.
Hid.
.vt
.on
.n
Aaked.
.SI
.07
21
Jim Tlutler
MncNamara .,.....'..
Jlldway I!.,..,..
Mlipah Kxlenalon .......
Montana
Northern Htar
Tonopah llelmont
Tonopali Kxtenaion ,....,..
Tonopah Kilning ........,..,,..
lteecue Cula. .,....., ,....,..,..
West End , ,..
, OOLDFIIU.n STOCKS
Aiii'S'Suif::::..::::::::::::::::
!5V ".::::::::::::;::::::
Combination Freetton
Plamondfletd 11 II ..,..!."
alsr , , . . .
lorrnr
Cloldnold Canao (dated ...,.,. i . .
rioldneld llerger .,.,,:,....'.',.'.'
Jumbo Exteneton .........4......
Kewanas ,,.., ,,,,...,,,,.,
(TO lll,llMII4IMtll4l(lia
Sandatorm Kendall ........;;,
surer pick , ...,.:;:
M1SCRI.IMNICOU8
Arlsona United ,.,,.....,
Nevada Hill .....:;..:,,; '.',
Nevada Wonder ,. m
Tecopa Mining ,,,.
Granulated Sugar Quotations
NEW YORK. Dec .14. All refiners
quoted T.lto for fine granulated todsy. The
last sale In spot Cuba raws was at 5.18c
a decline of II points front Wednesday's
opening.
elf r.18
4$ I'll
.2,4 ."IV
3 .70
.10 12
.02 .01
.13 IS
,n. ,ot
,os .or
.nn ,iir
SI 'n
.23 ,2H
.1 .70
.on ,n.
,l .31
.27
," (ll
.0.1 ,0A
30 32
.70
.40
2.1s
.20,
KNOXVILLE RAILWAY, ND LIQHT CO.S
REFUNDINQ AND EXTENSION MOBTf :
UHKt 97. UONDa,
SUOJECT TO ONLY $817,000 FIRST
MUHIUAUS. 0,
TAX REFUND PENNA. FEDEFtAL IN."
COME TAX PAID,
THIS SECURITY HAS CONSERVATIVE'
RESTRICTIONS ON lagUANCP nc AD.
DITIONAL DOND8, ALSO A SINKING
FUND.
THE COMPANY'S NET EARNINGS ABI
OVER TWICE ALL BOND INTEREST
AND IT HAS AN AVERAGE DIVIDBNB '
RECORD FOR 9 YEARS OF OVER 7?i,
PtllCE TO YIELD S&
FURTHER DETAILS ON REQUEST.
BAKER, AYLIHG & Y0UN2
LArtO TITLE BLDC.
PHILADELPHIA
DOSTON
CHICAQOi
ms t scare.
tl4b)iUe 4,-
Investment
Statistics
,
We have in our posses
ston. information we con
sider reliable, regarding
practically every invest
ment stock and bond
having a market in the
United States.
We shall be glad to hiive
the public use our serv
ices, and ask for data re
garding .any security, or
group of securities.
tUNKKBS
(Ealtbllatied 1BJ7I
321 Chestnut St., PWladeJphla
Wttokarrt, Wakea-Bir-.
6Mmlc Keaw
Tax Ft In Ptnna,
WE OWN AND OFFER '
Lehigh Valley Coal
1st S. F. 5s
Due January 1933
A. B. Leach & Co.
115 South Fourth Street
Hell I'fione 1-ombard S3T
New Tork Chlcaia Butfile
Beaten l-ondon, Bn. Bsltlaur
P Inspiration Needles'
Copper Co.
Bought Sold Quoted
AT THE MARKET
WM. H, FAUST
4tl ClIliSTSUT ST.
IIIKKOTOKY OF ACCOCNJAgTS..
renlfleJ HubUe AccoaaUnta
uu-'ttffitA'JTO tiffism.
"TOIr'
a a.
N& I lnaAuusI al lit sr tm&t ja &omiaR &tA&
SMnHntWw ' anByi?1, ICPr
HmmmmtmtmwmttKr.r . - sniwwPaitfiiiHPsjsi- im!fw i .! --.- -, r , - , umyf msast utM m u, m, -j ,, ?, i ik timon wsif "ajzi." K,."jt2
. " HiiHiW ,. - , iiyffflWBmwa-igaj'- - -iw-- - t
Wl 1
";??;