Evening public ledger. (Philadelphia [Pa.]) 1914-1942, December 22, 1916, Night Extra, Page 12, Image 12

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1
EVENING EDGER-PmLADELPHIiV, FRIDAY, DECEMBER 22, IMC
FINANCIAL NEWS
' '" -- ... . . . . . . - . . ..-i
.WILD SCAMBLI3 FOR STOCKS TAKES
SLACK OF PRESSURE AND PRICES RISE
J
.
!Gai'ns vof From Two to Ten Pointa in General List.
'Heaviest Sellers at Low Levels Are
Urgent Buyers
. p.
. NI4W YOUlf, Deo. 22.,
The recoveries which wcro mmlo in stock thla inornliiff caused miioh lilltor
.commont to bo mndo oh those who were asserted to lio responsible for much of
yesterday') nctllo tlcmorallxnUon nhtl for the severe losses which wcro siislnlticil
by rriany Interest concornctl In security holdings nntl tlcftllnRs.
It ivns fnslfcietl that tho placing of the lilnmo for tlio crumbling; away of
values In yesterday's market on tho lOuiuMcm of ono professions, speculator, who
j almply claims to-ba a fiomlijer In-stocks, In tinw-nrrnnldd, nntl that thosn who
furnished tho Information mid Incentives for the bearish operations should,
-, Instead, bo subjoetcil to censure,
Tho Lanslnjf nolo, published yesterday, was tho chief factor In disturbing
values nnd In cduslnp; many conservative holders to throw over their securities
throueh fear that somo rupluro In our International rotations was closo at hand.
This fear was dispelled with the publication of the second Lansing nolo long
after the stock market closed nnd when business commenced this morning It was
With a removal of nll-'npprchcnslon over tho Intcrnallonril situation an far ns
our nation Is concerned.
Thoso who woro among tho heaviest sollors at tho low Icvols yesterday wero
urgent buyers of stocks at tho beginning of business this morning, but they wcro
Xorced Into competition with banking intorcsls and wore compelled to bid ngnlnst
bear traders who had becomo overextended on tho short side. ,
Tho" pressure against tho morkot had wholly disappeared when tho slock
market opened, and In its placo thoro was a. wild Bcramblo for stocks, causing
advances alt through tho list ranging fr,om 2 to more than 10 points. Aflor tho
nrat few minutes modcrato recessions occurred, rollectlng tho usual jirollt'tnklng
sales on vlolont rallies nfter n. slmrp decline, but whin trading becamo moro
orderly tho market developed pronounced strength and all through tho rest of
tho day additional gains wero In ordor.
Tho prlco movements included advances of 20 points In Uothlohem Hlccl and
moro than 10 points In Atlantic, Clulf and West Indies, industrial' Alcohol, Now
York Air Brake, Toxan Company and many other specialties, wliiio nearly nil tho
ttctlvo speculative Issues mado advances from tq 8 points. Thoro was a hugo
demand for United Stolon Steel common, which in tho late trading sold ut 107i,
against 10X at tho closo yesterday. v
Utah Coppor mado a. gain of moro than 7 points to nbovo lot and the same
amount of advanco was recorded In Lackawanna Stool, Marino preferred, Cruclblo
Btcol nnd Amorlcan Beet Hugar. A foaturo of tho day's trading was an advanco
of B points In Tobacco Products to do, that stock selling ut tho highest price
touched smco It has been traded In on Ihu New; York Stock Kxchnnge.
Tho rojlroad stocks wcro all active and strong, generally making gains of
about 3 points.
Thoro was a strong tono .to tho, bond morkot, with the convertlblo bonds
recovering part of, tho losses sustained In tho Inst .few days. Anglo-French Cs
ranged from 93J4 to 03VS.
GOOD DEMANP MAKES
COTTON RISE AGAIN
Business Is Very Active and
Prices Becomo Erratic, but
Later Get Steady
COTTON' BELT WKATIUHt CONDITIONS
J NEW limit. Deo. 8S. The following
fcmperalurre were reeoriteil In the cotton
lulu rnormnst uwanoma, zi lort
I.I mire.rport, ini
to nnu none
liell , thin mornings
Blll Am Xf..L..tl-
-I.....I. , ..(.Ut,. ,,,C,
Vlck.liurr, nun Antonio
Ilia. Stunt
Corpus Curtail nnd Mobile, Sti New Orleans
lfi
Meridian anil lllrmlnthara. J.l Oalrestnii
iu iiuanui
n Antonio and
SO! Ishe.llle, Mo
221
tun
SOi
izi mMM, uriiHina.
Macon and 1'en.aroU, 3i Tlioma.vllle, ant
usumu, em narnnnaii ana uaieicii. nst
Charleston, OOi Wilmington, 03 1 Jackson
elite. 00 Tampa. OS.
Tllam Una (i lnlt, nf n,..lt n linn nt
Ablirnn and Meridlani .04 at Atlantut
New York Bond Sales
IRn-.nnn a. .. H .
uiiiiui . nmo'ircncn r. .... oavs ii.ii,i nn:
lOi'lHio Amer flmli Hnn n;'"f!i' . V.?.it .V.lt
Amm r.. "Iir --"".! 7 .uti KM)
lllvh.
o.iH
Low.
II J U
1IMI
n ,00
P. in.
w iiirrituani ,ii
AmiovIIIo and lllr
,01 inch at Aahevllla and llirtninihamt .oil
Incb at MonUomrrr and KnoxTlll-i .08 Inch
at Jlocon and Jcirt Hmltnt .18 Inrli nt
Olilahomai .14 Inch at NaliTlllf nnd
iiioi .su incn
nt Anrnatat ,32 Inch
I. iiaieiini ,a incn at Darnnnaii, anu u.oa
nebca at Jatkaonilllo.
NEW YOItlv Dec. 21. Thoro was a good
general domnnd at tlto openlnr, led by
Southern Interests, Nev Orleans, roopi
traders and spot houses', which caused a
strong tone, January advancing 14 points,
March 20 points nnd other months 40 to
47 points higher on tho call. Tho selling
camo from commission houses. Wall street
and uptown Interests and proflt-tnklnir was
noted by yesterday's late buyers. Liver
pool purchased the near options and sold
tho late months.
Business was very active and, nfter the
call, prlco movements becamo erratic, prob
ably Influenced by the advanco In stocks
Which, t was said, reflected a belief that
peaco was not as probable as had beeji be
llovcd, January rose 18 points toget In
x lino with tho other options, but tho move
meats In tho later months wero erratic.
March, which started nt 10,4:, rose, to 16.C5,
and on the next sale dropped 11 points to
,13.54.
Tho Initial advance carried the market
' 45 to 53 points above last night's close.
This met Liverpool selling And, renewed
liquidation, but whtlo very nervous and tin
' settled, there was by no means the demor-i
, allzatfon of yeaterday urd reactions of 20
' to 25 points were followed by rallies dur
, lng the middle of the morning.
southern advlcps reiterated the firmness
, of Interior holders and was buying hop) on
an Idea that onco hedged cytton Imdbeen
1 eliminated the firmness of unhedged sup-
plies would cause a readjustment In con
' tract values.
During tho middle of the day there was
leas activity, with tho tone steadier and
with the active months ruling about 2G to
17 points, higher.
There WRtNj, tood doal of reactionary tallc
around the ring, but buyers showed cau
tion, being bullish on tho technical position
and. tho lower level of prices, but still
i .nervous over the uncertainties of the po
litical situation.
IWMWI
ri mU . nn rior n. ..,.. Tfl'4 thu mil
V.i fliW"-?, J: oh ut 4-.. !M . nt u
l-jnih "".i ymo .....M D3H 0
liir.im s.ii": " J 'Mi
Mil Ml III II.
I.
fin si AIL
a;;. ?A'nvnrv?r -., in is ior
noun r r r. ...".' '' IHIS
onooo Ohlll rnnriV vV .?' ... ."I
o!S!ocattW.:.& 'arTs
!!!! 5 ivKwaVntf;::'..-: i'.' us :'
UnHta4Ck... ". inn.- iiiiTt if,,,L
IS
JoiiH
imj
1IMI
i
UD
imu Chi.
sS'Ktfcfj -ll.il
s!SBc.,l0,iv...v.vw...".,ea'. ik
..
liltlaf rta f K
llOlWI -ll a .. ' V
v..-" YLtiy .rorii nit
Am io a. n
.-',','i! ri sociircorti'f..::::
4onn q.u j:i.2 "b k. :.':."i,i'j
llnini (Jrandby Co o ... ltiii
looo liou a T-x 4i i . I ' in
loot) tit u Cilia 8tl" i N fia'lul
. r.liuo III Central till 4 n!i
21000 lnt.ru ,iHa;.'' 72
2S00U Interb H T rer 8 . Uk
! J"PaM"' new.O a 4M TDK
11)00 dii new 4Un , ... ssli
;,!,. ;" . '.'.r. :- . . v
Binoo do n. ioso ..?:.:. or
'vrsi tM 8" dcl' 4" loss,, iml
?SSS "T ,l T 6 -...ini'? 1
Nil
"Hit
H
7a
imi lor.
on);
lot
HIS
01
70
hnU
mi
01
miU
an
in ,
H lot
Nil
HST4
on
HiMt
li hi
liilli
101
HIS
7t
osK
in
hhI,
00
101
117 i
..llll-i 1U1 0l
..sou MiU 81)3
.. 07. 07 H7
. . 7li 7IIU IfllJ
. 117 1 1171. ,17 u.
-. 101, l"3l 10.1i
r. Il .... una on ft uuri
a ...... niH, inilj im'I
Yea. rloi.
JMCtmbir .. .10.50
lanuarx 10,111
j.rch 18.33
Am 1A.4A
July Is so
OctoUr , 14.10
fipot ., io 70
. Ja:
Open. 11 .m. IS m 2 p,m.
jn.it . ....
id
in.al
iB.23
ieo
la.Jo
Is. 70
nun
s.so
1A5S
10.74
ii.ii
1H.1U
ib nu
1H Nil
in vi
1S.80
M
Liverpool Cotton
, LTVEItPOOL, Dec. 32 Spot cqtloa woa
;, quiet today, at a decline of 45 points on
the basis of 10.Q5J for midupiand.. The
sales were 6000 bates. Including- 4500 bales
American. Itecelpts totaled 11.000 bales, in
I eluding 10.80Q bales American. The market
for futures closed quiet, but steady, at a
net decline of 24Q37 points.
Cotton Buyers and Sellers
NEW VOIUC, Deo. 2!. December -Smith
bid! Heats offered.
- January W. Qumoens, O'Connor, Benin,
"Waters. Wilson, Cardoso, Newman, Hosoti
berr. Hartcom and. Van Vlelt bought; Mc--Knany,
Mttehell, Norden, T. atedenbers',
Youna and Bartlett sold.
March deer. 'Schley, Itelxensteln, S. T.
Hubbard, Hess, Qeran, Seltar, Orvlj. Wll-
ann, Waters and Heuti bouvhti OlfTord,
, illlchell, II, Hubbard, Brooks, Watklns,
-. Downs and freeman sold.
Mayr-Jlyman, Wilson. Bchlll. Kelffer, W.
', Qumoens, Ciearman, Schley, McEnany, O.
, G'JKioenj, MundK, Rosenbertf and Cone
''fcpuphtj Watkins. Hugc.lorn, flchltfer, Qlf-
frd, Toung-. 1'srrot, Martlnei and aiover
told.
' July Mcl-'addon, KeifTer, Schlll, Hart-
ooru, Hubbard. Xauntr, Smith, Bsrtlttt,
yarrolt, aeer and, Waters bought ; Ilage.
. rfvrp. Wachznan,' Orvls, Downs, DartUtt and
'refisati sold.
August Plxpn bjd ; Burnett offered.
SpWmboi Parrott and W. Qumoens
pf Aotajber W Oumoen Buraitt, Weis
' Ymmn. Ki.-wmaa. Cooe a ad Ciwrraan. bought ;
f'W&mtiU llemr, lopninj and Wilson sola.
s. '
I4VK STOCK QUOTATIONS
CHICAGO. tHe M -UOGS-.F
ii ikimial ne jiwar. biluu
2lyL aft.ii3 VtA
TfcM-Kuw,,slU
. -.- ysrrz. ""j.-t
sa.&ao
ltiJl3-.
Ja J4.
lo.li. p
r.imil Lone Uland rfd -i
loui) J.0UH1 a! Nh ... .
1000 Mo Kan 4 T lit In
-i"n' " i-ao vr I i
JtHlllll aid i'.o Jfl
anoo Mont Power
.".iu., Hunt rram
2IKI0 NllMU i:in
9 x" Air llrak. nvt U..10S- lot
isono do " .. .lull inn
2IHH) do 4a ...,: '.r!"r02 OJ
m.wi, un a li a ...,,, ,,,, 00 S
JOUII N y tlaa . p',' H4ll
fOHO K N II l( 0.' Ill '
.'.!'!!! ,.nt w it "
2IKM) .V X llwy J) r.a ... 4H(
iiiim) n y niiii t, tiohi. : :nm
loom N Y.Tfl s.rf -IS I. UUU
SIMM Nor I'nc prior1 4,..,, U4U
,s!S!! ..."I" S!": :. !!
';:;: v.iz,.."riy.'i " i'.J.
UU'4
if.'1
Ml
4SH
ou
no
mil
U4
U4
1IH
UUU
48 li
10(1
1111
04U
H
113
siiiio Tacino U Aa tf."4 ir.'il n ,
11(100 l'.nna 4. 1U4S ..,.'.. ei)', 0uJ tia?
2110 I 1'ronli'. (la. Sa, !-v. . .lOI'I lulji 1 018
Sllol) Pulillu H.rv N j;Ba... 05?i lil iiS(J
llfl Ir m Hit out; huH ubli
Ht lilll . H urn (I. .HUH Hill, Kl'
muni I. ii.. ..:'.-' " " ...a
""" veiiju4sT Ken w, u.T
3 sx ."it vr, f . s . "":
twv" hum anu .pii i.a , 111 )ill. Jlll'
47i)o I, t H r ajt ... 7HI 70W 77',?
Bono do In "a mI s,a 'riii',
-.,;"" M.v ', Z?m .1 V '. A .. " IrtJJI
J.nW ni l-aui jll t Al COn U..12UH 1.0'4 11:0
..,. wu.i. aii iiH,..,
liHMMI tiotith l'ao !;,,
17000 do ret ( p &...
fJOOD do rd 4a,.,..,,
l:iioo Routh llwx sen 4.
vuooo do eon S.
Kmoo Taa Co cv tla
Suoo Third A ml S.
1000 Trl-Clty- 6a ... ,
33000 tl H 8 fc It C...
4S00ll U H HtMl H I-' 8.
snoo do rr 0. ...
8iio Union l'au rM 4.
3000 tin Itwr. a f 4....
soon Un Kr of O li It I 3a
lmid do OU 101
00000 do DUl 10U ....
13000 Vu Ca ilrown llroa .
loilli nm'i urn
, His, nn H.V
.lU.lla lUlli m.v
... 017. U2& 1151
. 7.1 7B TJ
iois miifr nits
,lm lin; tiKi
.73 73 74
, ..looz myz tno'i
,.WI III! HIT
luj-a luoi.
.I01H 1MH
glU no?.
. o aa
UH'l US
118 H7i
HHU OH
60 54
103U
1H.1W
07 U
UB
61
M.eNanara
Midi
LOCAL MININO STOCKS
TONOPAH ,8TOCKH
ujd
.... ......... .fin
away ............ .
Mtipah Kit ,
Montana
North Utar
itaicu. Km
1Vet tnd
qOl,I)."JEl,D STOCKS
tmt
.'
.18
.34
.03
M
All.nl. ...
lliu. bull .
llooth . . . .
Comb Frao jr . , . .
Ul.monin.ld 'II 11
D.Uy
K.wanaa ........
Oro ..,,,....,...
S.nd K.n .,,,.,.
BUv.r rick .....
Arlion. llnlt. .
N.va.U I1II1 ..
N.vada Woadar
To Ula ....
.10
;Sa
.04
3d
.03
,03
lliaCEILLANEOUS
.SO
siio
A.k.d
.07
.a
.16
.Tl
.:
:.70
.16
,07
:U
M
,0l
.32
.70
.16
20
NEW YOBK COFFEE MARKET
KBW YQUJf, Dec. SJ- The coffee mar-
ket was less active at the start this mom-
Ins, but the und.ftune -was steady and flrst
prises were unchanged to 5 points hlher.
Qatrir
iSSirr.;.::::::::;: tcMo
fiS3!l.:r:::::::"::::::..Y
JtlOtt ...... ...a......
Jujf :...
a.ia.iab.r . J.oa .W.a4
Inchanged
S.B7CB.43
.4!S4g
a. Ml 8 CO
s.Slfis.as
i.S9.7S
laitis
3-918 ea
Acw Torft 5ocA; acs
tji.t
elo. filch.
;
2fl!
M
02
i;i
02
4011
m
80
Ixitt. p.m.
AlMts J 0 M 7
Alllt-Chalmrr Mf 24U
AllU-Chll lift pf .... S3
Am ttcet Sufif 84
Am can ii,
Am Cf A I'onndty ml(
Am Illila ft Ualhtr....' 10
Am tllle Si Isalher pt M I
Am Maqjfd ef 40
Am 6ur IMlnlLr ion
Am Tel ATM... 1241, fi
Am IKotnotlte 70 7m- 7au ,r,n
AmBmeitftllcf lo-W ion 104 10i
Am wr Papir pf 40 401, 4ij 4n
ArnZI. AS .1. 30 aw a7
Ainconusi 78 KHf (hf 83'
7
84'
40
02
13
08K
49J
7
21X
PO
00
47
MM
1.1
02
mi
I (Wit 103), lOSli
as' 11 i2.uf
AtchTop&B V...
At) Gulf ft VI Ot
lUIdlieo WKI fl.1
Hlt ft O.1I0 Hi
Ilcthlcnem Bicel 450
llutle A Hup 4.1tf
Onlral tvtlhtf y.tj
CliJndlcr Motor. ...... 07
CtioJ A Ohio ,, 02
CMftl it Vki :iij,
Chile Copper, ... 2.IU
Chlnd CooDer 47t
,00111 PiodneU Itef 20'.
,ruciuin 01m ,.,, oj
Cuba Cine Ku jar 43H
nuilll Bee Corp'n 21.
Kile ru'
llocilrlch It F,. fig;,
0ir.1t Northern pf IIS
Cliiif Slatn Hleol or,
(1 N els for ore prop.... .'1215
Imp Con Cop.... CMH
Int I'npor 41
IntMcr Marion 2.'i'f
Int Mrr Matlfia pf...... 85U
hsckBlwl Co 7it
Lehigh Valley..,.. 7J).
Miivell Molors........ 40
Mai Molors lit pf (IM,
Mai Motor 2d U XI
Mm Petroleum., HO
Miami Copter..... ,l)j
Mo Kan A Texas 10'
Mluourl l'aririe 17!f
Nat Emm A S Co 2-1
Ker Con Cup ., 20'X
HIW lailj 1021f 10S)
101 OS
02 nm
Kllf 81
un fiorj
4S
Jl7!f
Itt'i
b-
Jiii
in
5')!
80
:u
R4t.
Oil!
117 -110
12.1 11.1
4 IU
78.
01
onu
24! (
fi2K
214
41U
ni.
fiOM
M
N'eir York Air Drake . . D2W 140 1 10
:w von: ccnlial 101H l(M 103
N Y N It A II.
Norfolk A Wetlern.
Koilhern Pacific ..
North American...,
Ohio ClIlM ().....
l'cnn Itallroad....
Pitta Coal c of dp.,
n n Kt 1......
I'ri-sjof'tilcel Car.,
Hay Con Cop 21
fiOJf M
..1:1.1 1.10
..ioy
.. Oil),
.. 01
.. nr.if
.. 3.11i
.. 81
70
Jtcaillns .
Kcpulille Iron A 8....
Ity 8lwI8p7i
Healioinl Air Line. , . .
Seaboard Air Lino pf,
bear?, Hon A IX, ..
Bears, Iloo A Co pf, ,
8I01J-SIW 8 A I
Southern Pacific
Southern Ity
BtudcbaVer Co...
Texaa Co..,..
Third Avenue
Tobacco Product!
Unllod Cleir StorM. . .
United Krult
Union Pacific
V Hind Alcohol
U 8 Huhbcr
II SH It AM
U8S It AM pf ....
IIH Btevl Corp'n
US Steel Corp'n pf...
Uta.t Copper..........
Wabash
Wabasa pf A...
Wabiuh pf II...
West Union Tel
West K AM
Westorn Maryland,..
Wisconsin Central....
W A I, Kpf w 1
Whllo Motor
Willys Ovwland
Woolnorlh V W,....
..101U
.. 7I1j
. . 40
. 10
30
100
Ollt
Hli,
603
48
871.
100
0'
35
2ft.
ar,
23
no
no
31
3414
00
117
123
35
67
46
2014
H2J,
82
711
61
70
30
0$.
3
IHf
10(
2
231 (
Hi
61 II 63
13oK 130
UOIf (H 1H
ma oih my,
071S 10J
C3J 60!f
371, .'IO
83 8-
7U4 74
JVC 265f
lOIlf ini'i
74V 7o
41 4SJi
10 18).
30'f 3r)f
CURB REBOUNDS WHEN
TRADERS BUY WILDLY
Prices Advance From 2 to More
Than 10 Points Iteacllons
Are Small
36
67
40
27H
im
82M
0
61
71J
30)j
07U
37
11
10)f
27
23 J i
36
43
26!f
831,
78
77
49
OOtf
33,
0.1
30
It
10
20
NKW YOllK, Dec i2, As was generftlty
exiiected nfter yesterday's sharp slump.
there wns n. wild icramfate for nil the lend
Ilia: Issues At the opening this rnornlnit
which liroiinlit about n. sharp llpwanl turn
nearly throushout the list Prices advanced
from 2 to or 10 points, nnd, while some
teallilnc was ftualn In evidence Khen high
levels were reached, reactions In every rane
were of rmsll proportions. The buying In'
n numoer ot issues wns Of the heat char
octer.
Mldtale Steel moved up si, points.
aHIiourIi offerlnRS nt times were limited
T'oole Knrtineerlna: and Machinery, nn the
exchnnge of a small lot, ndtanced 10
points. I'nlted Alloy Hltel roso more than
n, point.
Hiibmsrlne boat advanced nearly 4 points.
Wright-Martin AlrcrAft moved within nar
row limits on small purchases. Haskell and
Ilatker Car, nfter moving: up n point, lost
tho adVAiire.
Motor stocks were In good demand at
shnrp gains, especially Chevrolet, which
rose 10 points. United Motors Advanced
3 points, Uutterworth-Judnon moed up
more than 3 points, Mitchell Motocn wns
up i.
Oil stocks were stronger, rapcclally the
Standard OH shares, which shon-ed Int
provements of from 2 to 10 points, while
good gains also took placo In the Inde
pendent Issues, '
INDUSTRIALS
i .1 i n .. I I ul I
Sates in Philadelphia
109
601,
;wi
,85
71K
20
103
701
4SK
18W
.171f
218), 2211, 220.' 2-HH
.. 120U 120W 120Ji 1204
.... 60lf 68 66 67?f
.... 06), 07 D0. Ofllii
.... 30)4 3.1'f 3 J 33
....loo),- in ior ioj
....202 211 UOHH 210
.... 60 60H 40J, iO
.. . 64W 0021 6 th 60 '
....05 Ofllj 06 Oil),
1131X 160H 160 1C0K
....113K 148)J HOW U7Jf
... 07H 112 lOIJi 112
.... 60). 02 67 01
.... 67 68t.' 68 68Jf
.... 62 61K 61W 61)1
101 10IH 103H 107H
....117 11SH 117f 118H
..... 04W 101!,- D7lf 101
.... MJf 16!f
J5-IM 60)
.... 2ttH .30
.... OtX 0l
62;,' r,r,'i
2BU
61
48
17 1 i
. 20
.. 60
.. 40
i. 40
. 3n)t'
.130
16!f I6U
63H 60) I
20). 3!)
07 07H
631' 65)
20)1 :'8
61 64
ISls -ISii
47 4S
3i!!f 37tf
13715 137H 137),
Ux dividend.
Owen. Iiultln Jt.chln. Company. 3 por cnt
fttld '., tier rent n.tra. dn nrurarred. 1. Bar
lent: Iniromoll.ltAnil Company. SO per cent;
JMIet mid t'lilcuo, 1 per centi Alltsheny iui
I er rent; American llmka Bliaa
4 per rttil. preterm!, S per cent and
U Her cent uxtr.il New Yurk Htata lt.llwaa. 1
iier cent; lu prererred. I't per cut; Computing.
er cent! Con
I lie
aiilldntei! Inter.mte Callahan Mlnlns Comp.ny,
lMi Per rent; United Krult, 2 per cent: 1'ubllo
Hervlcn Corporation. 2 ptr rwnt; lntem.tlon.i
llurve.ter Neir Jer.ey. Ill per cent: Uank of
New Yurie, S per rent nnd '2 p.r cent extra;
United Hutea Tru.t Company. 20 per r.nt.
Irvlnir N.tlonul Jlunlc. IMi per cent: National
li.nk ot Cummerre, U per rent and 2 p.r c.nt
oxtruj Union Tru.t Company, 4 per c.nt.
BUILDING IS UNUSUALLY ,
ACTIVE FOR END OF YEAR
Construction During Last 12 Months
Reported to Do Extensive Other
Business Activo
Building Is more active tlirin usual for
tho season, notwithstanding tho high cost
of materials and labor, according to the
weekly review of trade conditions by It. 0.
Dun & Co.
"The closing week of the year shows moro
than usual activity In the building line and
Indications aro favorable to still greater
amount of business the coming season,"
says tho report. "Tho records show (hat
the aggreguto volume of construction work
will bn larger this year than for some
years past."
Of other Hues of trade the review reports
In part as follows:
"Thera Is no change to note In the con
dition of the cement market. Manufacturers
report that tho season has been a good one
and prices are about normal. Tho chemical
market cdntlnura active, and, although there
Is a good demand, In some lines there li a
shortnga In stock due to the war. The
situation In dyestuffi remains unchanged.
Very little foreign dyes are coming Into tho
market and prices continue high.
'The paper market continues to show
Improvement. Manufacturers and Jobbers
report a steady Increase In volume of sales
and prices are Inclined to advance Taint
manufacture! n and dealers In paints and
painters' supplies report little change In
this line of business. Purchases appear to
bo In fair quantities, representing all grades
pf material, notwithstanding the adtanced
season of the year. There also appears to
be considerable work under way In this
line. Trices remain (irm and collections
fair.
"Wallpaper manufacturers, jobbers and
dealers report a, fair volume of business be
ing done, nnd notwithstanding the advanced
season thera appears to be considerable
work under way In this line, and purchases
represent all grades of good. Collections
are reported as being satisfactory
"The trade In domestlo leaf tobacco has
been moderate during the last week, sales
l,Alniw ...InAliinllt, I.. Dannavl. nnl. ... ......... C
Wfll, ,. ...Vl. ,1, , .tlll.flll.IIM, V UJHICIJII-.
cut nit.l nitl nml mil... nr wall mkln '
talned. The largo cigar manufacturers are
active on repeated orders and a good holi
day business Is reported, but ft la difficult
to till orders on account of scarcity of labor.
Collections show a slight Improvement.
"Wholesalers and Jobbers In groceries re
port a lull In conditions ut present time,
ou ig to holiday season. Conditions, how
ever. In general have been satisfactory and
a good feeling Is prevalent as to future
business. Coffee U uulet and dull and with
but little change. Futures are also quiet
"The leather market continues active and
prices fl.rni. (Hated kid deales report
sales good and prices high. Haw material
Is soarce and high In price: Shoe dealers
report sales moderate and delays In re
ceipts from manufacturers Itubber shoe
sales have been large during the last week.
"In the lumber market conditions remain
about the same Prleu are arm, and in
soma quarters It Is stated that a large vol
ume of businaaVi is being done."
A(n R.plo.lre. ..,,,,,,,..
Amrrlcan.llrltl.ti life.
American Mareont ...,..,..,
American Wrlllns I'apor
Canadian Car A Jrdy.. ,,
do pref ,.
rhnrroal Iron . ,
Chevrolet fotnr. ....
Cramp Hhlptiutldlns- ....,,.
Curll. Aeroplane ,,.,..,.,,,,
Rnmreon monograph
Ila.kell A Darker .Car, ,
llnndee Manufacturing ...,..
Kattiodton ilrnma pref...,,...
Laurel nil A tlaa...,.
Mavtm Mtlnlllnn
,Mldale meet ....,.,
piw xora nnipnunilins, ....,, r,
fiorin American i-aper, , , , , ,.
t)tl. Kiev tor ,.,
Peerle.a Motora
I'oole ICns .
H S Kreaaew I ,..,;
fltandurd Motor.
Hteel Alloya ,..,
Hubmarlna .,.,.
Tran.ua William. .....,,,,,,.,
Trlanale Film ................
Todd Hh!pnril. ,.,,,...,
United Alloy meet
11 M Hteam.hlp
United Motora
United J'roru Rlinrlng ,,.,
U H 1, it II cum .
do pref ,,,
World Film
Wrlaht .Martin Aircraft
HAIMIOADS
Tere Marquette
do pref ., ......,
lloek l.l. ml cum '.,,,.,
On A pref '......
ln 11 pref ,
Weeiern Pacific w I ...........
do pref . v
HTANDARI) Oil, HTOCK8
Illinois 7211
tmio h;a
I'rnlrle ripe B.l
H U of Callfornlit ....J n.t.1
H ( of N-w Jereey , , , . dflj
8 O nf N.vr York -, 2(10
OT1IKU Oil, HTOCKH
Harnett 01) A tla. .
Coaden . , , , .......
Federal Oil
International Petrol
llnu.mn on
Merrltt Oil ..,.,...,
Mldvrrat K. fining- .,,
HohI Hutch
Sequoyah
Hapulpa Ileflnlng . . .
ninciuir uu
MINiNO
1IM,
:.
. s
. 4
, .10
. T'l
:.,;
. 75
. 3.1
: k
: .5"
:,SH
, i
so
i u
. s
an
47
::
IV.
I .1
1
II
.19
Oil
41!
Ml
73
.1 a J
A.lced
2l
til
Ml
n
Liu
H3
SS
,'"
411
I'll
4
4
r.n
4sS
inn
inji
.?
51
"..
A"1 .
47S
I
K
i't
.in'i
s
4.1
IC
71
5.1
24
530
3M1
a.vj
.145
Il7fi
Mi
lffJO
proap)
I SI
Ati.ka Stnndard
Ktlanta . ....
III. ben CouDer fa
lluttn Copper a. Zinc
mitt neve xors ...
Cfrro de Pa .en
t't-naoltdnted Arlxona
I'mai (Vnaolluated
Flrt National
(loldneld Merger ....
Hecla Mining , .....
llovra Hound . . . . i , , i
Independence Lead , .
Jim llutler .. .....
Jumbo Kxtenalon
McKlnt.y D.rr.ah . ,
HTOCKH
;
Magma Copper
Mine. Co of An
Nlnl.aing
nay Hercules ,,....,........
Han loy ".
St Soneph Lead, i ,.,,,
Tnnopah Kxttn.lon .....;..,
IVe.t Knd Consolldatixl......
While Oak ...,...)..........
1IONDH
American Tel A Tel new S...
French Municipal 0.........
Mldvale Hteel S. ). .
Ilu.alann1..
Sinclair Oil ..
3". .1.
u
in ln(i
is :o
llli 12
73 80
on ch
AS ii4
to'l fl
24 2rt
inf. ,,
3d 37
K
a r
nil nil
17 1"
27 I'll
n.'. mi
3K 411
2 2U
II lljl
4 U
tS 17
17., 171,
3 -4
OS 72
3 4
.. 09U
. . tlll
. . U3
.. oH
..111)
01
U.I
BANKS GAIN CASH
I4hlst fee I
t.ri.
DIVIDENDS DECLARED
Sale Companr. .regular
rlv f 3h ir M. tuyaW. January 0
tuck of r.cord Jaauary 8. To. ocmDany al
declared a UnUi of 19 p.r cent to aalarii
ivy...
amo
OUUuarUu SLjiwl
or, 3
ouar-
tu
ceiu.l par shaM. , MFS.M tb s.d aa U
tasai axe Ptv tfS Webw January I
.Csits4 tlaa lUjJWSSto Cjwpsr.tlon. r-
uHr afujrurty l IS wr c.nt. .ott Br
i MM 4iW1ir '
ST1
lUHall M
sava
XX
a, N.tural Out cmnwsy
i. w mm i
an Sral Dr..
tu iiaHlM. m tord
wr seat eaM. Jaauary
UMlat twar-
m w
Now York Institutions Strengthen Po
sition by $18,722,000 in Week
NKW YOUK, Deo. 22. The known move,
niontu of money for the week ended with
the close nf business yesterday Indicate
a net 'gain In cash of U8.722.000. The
banks .lost to the Interior $1,946,087, and
lost at the Clearing House to the New
York Federal TtenerVo Dank JS, 111. 000,
These losses -were offset as above by' a
gain uy the banks from the Hubtreasury
for gold Imported amounting to 120,833.000.
Tho ottlclat Hubtreasury statement shows
transfer to New Orleans of 800,000. and
the banks sustained some loss on gold coin
exports to Cuba. It Is not clear whether
tbe J2, 600,000 gold coin engaged for Bhlp,
ment to Argentina next week has yet been
withdrawn.
The banks received gross from the coun
try' 311,230,781, nnd shipped 37,182,468.
The liquidation in) the securities market
this week, according to bank experts, to
gether with the gain In cash, should result
In a very strong bank statement tomorrow.
MONEY LENDING HATES
NKW YOUK Thn enormous liquidation
In securities thla week, together with tho
gold Importations, had n favorable Influence
upon the technical money position. It has
been an open secret that recent high rates
for money were not the result of any
scarcity of funds, but reflected the deter
mination of the hanking Interests to cor
rect the overextended position In securities,
grain and 'cotton. ,
Money was offered at i per cent on call
today, but the time quotations were aa
nominal as heretofore at UU4? per cent
for sixty days on good mixed stock ex
Change collateral, 4U0'i per cent for
ninety days tq six months.
Prime mercantile paper was reported
dull and nominal at 4Ul'i per cent.
Prime bank acceptances were quiet at fit SV
3H per cent on eligible bills and 4U31i
per cent on Inellglbles.
I'll ILAUKLPHI.t Call. 5 per cent
Time, 4 HO 5 per cent. Commercial paper,
three to sx months, f?S per cent.
CHICAGO-
OS per cent.
-Coll, i per cent; time, 4iJ
HOSTON Call, i per cent; time. -JO
ii per cent.
t,
ltl.fi.
100 Cum Iron. 4116
10 ram Hteel. lis
Iflrt Torn Trod xttfc
10 fort TfN'J 14 H
Ita Rlec Stor ti7
no Kris1 .. a,
in n Asph pf 10J4,
3.1 ut North .I IIH
no Ins Co N A tJV.
8.1 Kenne Cop 48H
40S Key T Co. 14 Vi
soto I.k Kiip C. I0"i
3JU T.eh Nav.. HSU
ni Leh VnlUy -
.130 I.h Vrtl Tr lt4j
01 do pref. .
A I.lt Behtiyl lltVi
- din Nev Cons Mil
jni rentm It It ftfiw
I no I'aMott M. OflH
1.1 1'hlla Co
A da cum pf 40t,
11X7 I'hlln Kleo 3.1
11097 MIT tr cfs 8J
in I'hlln. Trao "t
inn Itesdlng . Iiilti
t "4
Set
Clone, ehge
m n
IIS
SXlfc t
HM
t 1
HIH ItlH W
it H 1U
43H
ItH
1BV4
SSMi
1BV.
SIH
low.
tin
.!,
14 V.
SIW
1
io J,
l1i
IS
1!V
32
ntn
MM
Mid
ns
41
J
13
.10!fc
nt
i
f 4
M
IH
I
- M
4V4 M
SIM M4
MM
M
on
41
40M
3SM
0M
si
I0JM loVi
in. in r,
M
!,
M
r- M
V.
SM
M
lis Ton Mln... lia & o t-m i-i
. i i ..i It !. 4(1)4 40 4SM .M
431 I'll (1 Imp. OAM no. DOM IM
lino I H .Itrcl.ioiu int 107 81.
S W J & 8ea SOU, SOU '0!i
Don Wm Cramp 32 so 81
IIII.MI5
High. Jiw.
Clone,
01
1
Iosm
so
fiono Allegheny
Vnl 4s. . 07 01
1000 Kleo & 1'cd
Tr 4s .. SB SS
looo liar HI Cs.io.in 103(4
loon IntcrHtnte
Hys ji.. an so
Cono I,eh Sav
cn 4Hn..l0li', io.a; io;j
ftono lh Valley
gen 4s.. oiVi Ui DIM
soon dn conn
4Vis '01.100(4 100M
jono t'emia Co
kcii O.s.lo'H. iota,
1000 I'hlla Co
cons lis., onu, oaM
I (ion do lt SH. 101 toisfc
looo Ilcnd gn 4s 0SM M
snoo Sjian-Amcr
I Gs. . .101(4 10114
1
.Vet '
cnge.
M
PEELING IN FINANCIAL DISTRICT
IS BETTER AND STOCKS MOVff
Traders Respond to Calls for Additional Margin-Mr.
iuuiKut xo A'B""'7u""(."i" transit
Certificates Active
ioom M
10194 .....
flow. M
ioi'Xi M
DIM
I0IM M
PHILADELPHIA
MARKETS
(SKA IN AND FLOUIl
WIIKAT Hecelpte, 111. 470 buah. The market
ndiuncd In under light aTcrlnga and higher
weatern advlcen. Quotntiona: Car Int., In ex
Iran elevator No a red, apot. lt.H7tl1.lo. Nn,
5 .oiithern red, II MIM ON- a (earner No 2 red,
II.H3M.nfl; N.t .1 red, It.Mtf I. Oil; rejecteil A,
II r, II til il J; rejected II. ll.r3tl.r.H.
COIIN Itccflpla. 7003 bu.h. Trade vli quiet.
Iiut tirlcra ruled atendy. Uuotatlnn.i l.'nr Iota
tor local trade, aa to location Nn. I yellow,
II.04V1 (Hi No. .1 jullow. ll.O.'tCI 03: No. 4
eilow, II VI. "I; No. Sjellon-, 1I70U8C, .outhern
yellon. '.ITotr 11.01.
OATS Itecelota, 111,303 bu.h. I'rlca were
atnndlly held, hut there una little doing. Quo.
tallona: No. 2 white. r.UH ttaiir: atnndard while,
f'i nr. No n while, fin, 38oi No. 4 white,
.'Htr.Vk. aaiople nala, 33if.".4c.
riX)t!ll Ilerrlnta. l-JSl hl.li, nnj 3I10,372 lb.
In a.ik. Demand w tight and price, were
nominally unchamn-d, Kollowing are the quota
tlinier lull Hi. In wood; Winter clear,
III noiI.7f.i do, atralght. 7tf7.23) do. patent.
1 7. Wi it 7.7.1; Kan.ia. clear, cotton aaclt.. II 60
7.7.i; do, atralght. inilmi aaclo. ISOS.'3;
iml'nl, cotton aack., IS.Z.DjH nil: aprlnz, rlear,
I7.7.1VS; do pitent. lnVJ.1O8.A0: do, fatorltn
brand., IS.noOs.uo: city mlli.. cholc. and fancy
Piiteiil. i.r,of?8 liOi cllv mills, regular grade.
Winter. rtiear, in RoOn.7,1: Jo. atralght. 170
7,2.11 do. intent, I7 5UW7.73.
HVK l-'LOUIl wn. qulel but firm. Vfe quote
I7.23W7.7S per but., aa to quality,
PROVISIONS
The mnrl.et ruled ateady with a fair Jobbing
trade. The quotation, rollow. city beef. In
eeta. .moneil and alr-drled. Sir; we. tern beef.
In eeta, alnoked, 31c: city beef, knuckle, and
lender., ainoked and alr.drled. 33c; ive.t.rn
lieaf. knuckle, and tenders, smnaed, 3.1c, beef
ham.. !28t(30, pork, family. l32.r.0O33; hams,
H. I', cured, louse, lOWIIi'lc; do. skinned, loose,
ml, 02110: do. do, amokeil, -JOV. U21c: other
ham., ainoked. city cured, aa to brand and
aer.ge. 2ti'4c. rutins, amnked. we. tern cured,
20U,ci do. tiolled. honele... 33c: plrnln ahouldera,
H. 1', cured, loose. 13c: do, amoked, 10c: b.1
Ilea. In pickle, according to uverage. loose. 17(.c:
breakfast bacon. 11a to brand and nverage, city
cured, 22c: lirealcfa.t bncon, we.tern cured. ".'ct
lard, we.t.rn renned. to, !H.c: do, do. do,,
tub., 1HV.C. lard, pure clly. kettle rendered.
In tea, lMil lard, pure V'ly. kettle rendered.
In tuba, IHUc.
REFINED. SUGARS
The market was quiet and barely ateady. Tie-
uxtra nne granulated. 7:03c:
Kvef'y one fell better In the financial dis
trict today. While there remained n little
uneaslneM nt tho statt of trading, due to
the developments In the International situa
tion yesterday, resulting In the shakedown
of stock prices, nervouanees gradually dis
appeared as the day wore on. Traders In
terested In distinctly local Issues gave, more
attention to the- rent value of the shares
and the pro.pect of the various companies.
This, added to the upward movement In
Wall street, brought about better prices
throughout the wliole list Some lery sub
stantial gains irere recorded during the
day.
The shake-out of yesterday, which was
the most pronounced since the tinsettle
ment started In Wall street when the Her
man peace proposals were first announced,
resulted In the sending nut of calls by
brokers generally tor additional margins
nfter tho close last night Manager of
board rooms explain! that while the re
sponse was not as good as on provloUs days
after ft shake-down, yet tho majority of
customers put up additional money today
to carry their securities.
llroltors report that tho money market
hero Is tight, with call money mill ruling
at B per cent, the ofllclal rate, nnd It Is
not expected that them will lie anydennlte
chnngo until after the first of th yeur.
Clerks In commission houses workeU late
last night to Clean up their books for to
day, and In one uptown house they were
not through until midnight. No objections
were heard to tho additional hours, em
ployes remembering when they, were car
ried nlong when the exchange was closed
Rfler the European war started, nnd then,
too, bonuses In the financial district have
been rather liberal this ear
What Is In store for l'hllndelphla ItapW
Transit Company stockholders? The plan
suggested by tho compnny to the city on
tho new transit lines l nv.., .. s
ihemreeu nnd hiu hf
thST i"em. .f? i!!!Wrt V2SJ
l. agreed on wi,,,,," ffA S
pany. in some quarters n 11.J
"pinion Is advanced that ik eu,'
dend Will Iw, rtaMaaiK! " U 1
January, when the stock mi.?KlI
n .8 per cent baai,, w ,W J
the company set fnHiT ..e.moM Wk
city. Tho first dividend which 2! ia.
cent, was rieelar.! ..:-. oleA 1
the plan proposed ,0 hee tyYH
more would be declared I lor J.ILLSj
iireoi yenr. wnicn ends Jun( j.ji"! J
day tho company's trust certlnittel5 3&
the most active nnd moved I tn? 1 .51
early In tho day, touching u" JL i
point Atas not held, however, W EJ!I
the advance remained to the eitotTf
jiore or less interest wii siUe.M
Lake. Himerlnr m, . t.. "'"
had n sharp slump Jtsterdsy, t'hefe
ab. iouny ine atocK got tin in i...
of 2r points for the day M -. , .'li
most active to Itapld Transit riut
The widest advances were In lle&Va
United States Hteel cnmmnn 5SI
was un mom limn 1 ii. .... .: '"n
at on.' time showeJ a gamTaTrM
more-than 7 points. Cramp 8hlPb2
contributed a gain of 14, and l&2!!
ommRu uuiicry rose iu
Ilecause of the general drrwtc.ii
Steel stood' out prominently with a 1mJ8
10 points on the opening tranuctio.S
covering S points of this later In Uk Zl1
This was tho first sale since the efe
the company's directors interna,, y,
nam ..c mo nvuuic in scattered SroundlW
Street now. moat of It beinc tn .. i. .".f
Mldvale Steel. ,w
WHEAT ADVANCES;
INFLUENCES MANY
fliifirV Mat lrlrva
m tine uranulattd.
IK) vv di red. 7-Uh;, coi.fecltonr.r A, O.Oc; noil
DAIRY PRODUCTS
llirrTKIt hm firm, with light offerlnga of On.
goods. Quotations. Weatorn. fresh, solid-packed
cream. ry. fancy epeclala. 43c; eitraa, 41042c:
eatrn nrata, 4Uf(4imc flrale, SHUSvc; seconds.
3d(r37r: nearby prints, fancy, 44c; average es.
tra, 42U4HC: llrsla. 3i40o: avcunds, 3U03Scj
special fancy brands of prints Jobbing at 47
V3llc
KOtlS Choice fresh eggs wer. scarce and
wanted at full prices. Quotations: Nearby ...
I1UZ.
true. 40c per
nearby ilr.ta, 114 10 per
case; nearby current receipt., 113, bO per rase;
western, eatrti. 4uc par do, : dn. extra firsts.
1. in per case. no. nraia. j nu per case; r.
xrlcerator esse, storage and Insurance paid to
January 1. extra, llo.bo per raae; do. Ilr.ta.
llu SO per case: do, .second.. 111,00 per caa.i
fancy selected candied fnsh eggs worn Jobbing
at MM Mild per do.
ClIUKSK Fln early mad. .lock ruled
ateady, but current make bad tn be worked out
at Deal rates ouiainauie. rouowina-ai
quotation.: New York,
tha
full rnim. l.n.v. h,M
3WeJ23ao: aueclal. hlaber. do do. fair to
guou, in m. -in v--ic, uo, part .Kim., iav2ic.
, POULTRY
I.tvn De.lrable slock waa In good request
and firm, with auppllra well under control,
Quotations: 1'ohIs. as to quality, lltiluo: old
roosters, 18fM4a; soring chickens, according to
quality, lTOlOc; While Leghorns., according to
quality, llltMHci ducks, a. to quality. lUOlSc:
turkeys. 22t24c; g.ese, 13V lSc; pigeon., old.
per pair, 2KO30C, do, young p.r pair, 20023c.
DltKHHKD Ttui niark.t ruled v.ry Hrm und.r
Hint otturlngs and a guod demand, and prlcea of
turkey., fowl, nnd chickens were slightly high
er. 'ln quotation. KriUh-kllled. dry-packed
turkey., per Hi,, funcy, nearby, 31U3'.'o: x-c-eptlonal
lot. higher, fancy we.t.rn. Sic; fair la
good, 2702Vsi common, 22((23c. fowls, 12 tu
M
Good Buying, Covering by Shorts
nnd Securities' Advance Are
Some of Causes
WKATItnit COMHTIO.NS
Nr.W ItlKIC. Ilee. it. Adtlrea rerelreil
nt the IVeallirr llurrau till, morning In
dicated the follonlng weather condition:
Temperature.
Ill.h. J.nw.
1 annuian .Mirintrest ,.,,,eiear
Northnrst elenr
.iiiuiiie ileal
noutnwe.t
tinner Mil
Iinrrr Slls.l.alppl Valley. pepn.
unin .aiiey ..
Ilelow grro.
The following nreetpllallon In Inche. ,wn.
miortedi At Huron. .01 1 I'rlnce Albert,
le. City and Tort tVniiic. .03: . Ixiul.,
.oil Cairo, . I Toledo. .181 iuLrllle. ,30;
liercinnu, .xni inuianaiKiiis, ..asi nprinc-
.Ml Cincinnati, .51.
..rlear
rest ... , .... ...rlear
3II..I..IPPI Valley pepn.
.pepn.
4 'III
in 2o
O 1S
411 S
nt 4
71 in
as s
,,, U1 niilill..
.4:1 Columbus,
CIIlCAaO, Dec. 22. Thero was ftn Im
pressive .lcmonstrntlon of strcngtli In the
,vhent market today, helped by further ox-
fyccllcnt buying, active covering. by hors for
over tho liolldaya, additional strength In
tho cash article and a change for the bet
ter In securities In New York. Tho upturn
followed a period of considerable weakness
after n show of firmness nt the outset.
There were reports that tho sales for
export In the Inst forty-olght hours prob
ably would exceed 4.000,000 bushels.
December ended at J1,G8T. compared
with Jl. 51 14 nt the closo j-eVterday. May
closed around the top at t.68tTl.CT?t. after
paving been as low as J1.62VI. compared
with, I1.63W, the final quotation of yes--terdny.
Tho high on July, wns J1.38H the
low Jl.atH and tho closo $1.38"iCfl.3SHi
rgnlnst J1.3S"., yesterday's Inst price.
The temporary setback was duo to un
certainty oer political possibilities,
Receipts nt primary points slnco the first
of tho year were about 74,000,000 bushels
less than they wore u year ago, There
was moro evldcnco of buying for foreign'
account again today, and It was said that
Kuropu was inclined to take a moro favor
able view of the market. v
Exports for the week -were B, 085,309
bushefj, against 8,329,507 bushels a year
ago, nnd for the season to date they amount
to 181,613,612 bushels. Shipments from
Argentina for the week -were 2,184.000 bush
els, agalnet 480,000 bushels last year. The
visible supply there li 4,410,000 bushels.
Leading future, ranged aa follows:
im... rt .... .v-,i".
,,.o. .pen, iiiaii,
December .. .,
Slay l.SS l.itn
July ...... 1 S6W 1.B8K
Corn tnew delivery
Low,
1.31V.
Cloe. close.
1.5M4 1.54U
I. OS 1.N3K
1.38S 1.33K
Ihik. drv-olcked. rsnev.
weigmns hi vi ins
..ii.uv, ,um, aa iu
.rlarla.l. J..l4o, An
niie:e .aci UO. o IU.
apiece, linyziu;
FOREIGN EXCHANGE
NEW YOllK, pec S, The feature of
the foreign exchange market In the early
dealings today( wss a. reduction of a point
In relchsmarks, to 71 Ui tor cables and
74 4 for ohecks. Business was at a min
imum '
Quotations;
Demand sterling HIS 7-1C bid and, asked,
cables 4 7 T-14.
Franc cables IS, S3 lj. checks 5 H,
IJre cables .. 4hks .S.
Swiss cables S.9I. checks S.04.
Kroner cables 29.40. checks 3 50.
Pesetas cables 31.10, checks Zo.go.
Guilder cables 40 U. checks 40 11-16.
Ruble cable 50.35. checks 30 10.
Vienna exchange was awgt 3Q pointS(
Ipwer. at ti.ts ipr motes na js 1Q for"
checks. Long sterling was quoted nominally
at I Tl for slxty-djy bills and 4.69 for
ninety-day bill
SUak tUl4.. t
.wddtog .y mt :
BANK CI.EARINGS
tm sired nut
I .
apl.ee, 22Hc, do, a1, lb. apiece. lllt"lfa: do.
a lb. aula.'a. lTulaei mwla in l.hta l.n,.
dry-pick. d, uelshlos 4h tfi lbs, and uv.r apure,
22Hc,do w.lghlnc 4 Iba a piece. 211.0, .mailer
Ix.a. luWlUc, old rooster. , dry-picked, 17c.
rua.ttng cnlckens. western, dry plck.,1 In box...
weighing UOIU Iba. par, pair, 25c. roasting
chtck.na, wrat.rn, dr3-plcK.d. In buxea, w.lgh
lug s iu. lair pair. .io. roa.i cnicken. we.t.rn,
in boe weigning 1 n per pair, 21U2iQ
rflDiiinu inichvui. .Yaairiii. iii-oacifu. in in
weighing's lb., and ot.r ir pair. 21
21W2JQI
In bbl...
ltar nalr. !il..?'jAt
ruaatlng chickens, westtrn In bbls . welshing
T lbs. par pair. lMO20u. broiling chickens, west
ern. In boxes, wel.dlng-.lin tua, per pair. 21V
23o, thlikens. weighing BOO lbs per pair, lot)
200. do. mixed slua, lSU20c. broilers, Jersey,
fancy. 2ttt3tr. broilers, oilier nearby weighing
IWQ2 lbs apiece, .'IO2U0, broilers, nearby,
amall.r ft. SSWSSei ducks, iwsrby. 2(IW2So,
do. we.t.rn. 1S20c, seeM. nearby. 20U2.'o,
do, wr.tern, lHO20e, squabs, par dux white,
weighing It tu 12 lbs lr do . 5.7utjd, white,
w.lghlnu U to 10 Iba. per dox , It K3W0.BU,
white, w.lshlnc S Iba per d . MO J S3, do, do.
T Iba. per dos 13 Mil 73, do. do eftilVi lb
p.r do... Uliemili. dark. 42 5UCIJ U0. small
and No 2, COctJIt 23.
FRES'il FRUITS
Choice .lock mat with fair sale and' values
generally were wen susiaineu. a. louowa Apple.,
o,i.
pr bbl. Jonathan. HJU1
1303.30! Ualdwtn. No. 1
aruunl
U-J, LIE
M.hiitfS.23; York Imperial. IJOI. ll.q Davla.
I3WS73. Ureenlng. No 1. I3w3 "3.
ungraded. $3fH 23. Kings. No 1 11 tut
3,231 do ungradwl. I34, blaymsn, Nj. I, fl3;
. unsniaeu. awia . .. iueap. i.u. .. . do
Urlinea' Uold.n.
, tw.i nan u
lt.2.104.50, do
r. No 1. i3w
Kings. No . 1 . li Due.
SI
S;
ap.au: ao ungrucu ...aua.uu. javy.... ounn
weateru, per but. it 3002.30. i..moos, p.r
box. I2.BUI3 tiranses. I'lorMa, par crat
llrlsht. BHIIJli, itu.a.t. 2.23"82.iS. Ta
erln.s, Florida, per strap. .SB '4. .nrape
rrult. V-lorlda. per rrate. I2.3UW3. ft'ln..p
Plea. Florida. Indian Hlv.r. per cruta. 12.309
3.B0. Crantwrrl... i'ap Cod. per bbl. Vancy,
ill. varl.tl.sl lues, Karly filack. 13 tt tl.80.
UranUrrlis, Cap. fod, per vree. UOf 40. do,
Jtrsey. dark, per crate I iitS.iQ. do. do. light.
par cruta. 11.80U2. Strawberries, r'lorlda. par
.. 3!r0o- YEGETAULES
The market was generally firm under tnod.r
ate eff.rliiv.Ntud a fair ilecnand QuotaUsa
Vblta potato., per biut, - lnnsylul. cholea.
11 aT TB. Nw York, iKoic. II t. Wits po
ta(oT jeney. Vt ba.V.t. s5cBl Swt rot
toAs. Haatatu Share p.r bbl No. 1. HO
iSTsbl No. VI1.8092. w.t Potatoes. Uela
"i 'aUd flaryW1 pr "hamper !J,,t ft
Sweat potatoes- J.rser per baxk.t- Kb. 1. VOS
ill NuTS. 40Wte. 'utlopj. per MQ-Tb. bag
FlanUav iSr ton. ItloSIO Spinach. Norfolk-, per
SSlTlllfS.SaT Kale. Norfolk: per bid . lt
Oft dSuirwwtr. Norfolk pr crate Silt). BO.
Lattuse. yierlda. wt wmi. si sowsi do. vtr-
f, VtAi-ttEsi UV bar II lailT 3. ftiMJ.
Hwlda. par bast. S SO.
Wheat Steady n Liverpool
WYBRPOOU Dec Zt Sipot wheat wa
steaily todttr with Ko. 1 Uuluth guot4 at
ITJ. K 1 Nurtbem MDituba olds 18.
sad N, 3 MonasM Waoiioba, 16 ))d,
tArtk sham Scm with AmerW-.v mtxwt nwteii
December
May ....
July ....
uata
December
May ....
July ....
Lard
December January .
May ....
Illbs
January .
May . . . .
Pork-
December
January ...'Jit.es
May 30 83
'llld. tAskecL
01H
02 ,
lilt
D3
lilt,
03V4
4nu
Sli
.in.4S
...in. ni
...13,03
..1.1. so
..14 17
ln.33
13.0T
10.12
13. ST
14.30
20.70
4H
BIS
4lJ.
10. BO
ln.Hi
10.0&
13.S0
14.20
0211
n3i
1I2K
tint:
b!h
uiH
'sew
B2H
in sn is .10
1A.B2 1S.H-J
111,10 110.01)
13 R7 113.73
11.2T 114.13
27 80 2T.43
27.10 f2,7
20.02 20.02 20,30
Province of
Ontario
Canada
S Gold Bonds
Interest Juno I, and Dec 1,
Duo Dec. 1, 1020
The estimated population of
this Province is 2,750.000, ap.
proximately one-third of the -total
population of Canada
Price 100 and interest
yielding 5
De.crlpllv. circular I'E-Sl on rqu.:
TheNationalCity
Company
1421 Chestnut St., Philadelphia
Xt-t Turk Calc.ro Baa e"r.oclco
EXECUTIVE WANTED
Growing manufacturers have
opening for energetic and capable
executive with capital to invest.
Investment will faring adequate re
turns. Only those with a success.
ful business record will be con
sidered. P 621, Ledger Office.
mvmn-Nti.i
ui4vwiifMi, JvUflsr .2M, 1W1Q
tartetijr alvtdaiid of twa bxu! aiuuaiff ,..
(eg l.S sc sbar.1 a Its urrr.J Ukt u
s
einraiMiiief. ci
a, iiurten
aM iftr mJK
te iimlhnlaWi
Financial Briefs ' i
i nil
Dnnks K.ilnnl from the New Torlt sidJ
treasury )2.638,000 nnd since lit Vl
gained J2C.83S.000.
N Tnyments through the hanks, as resiciril
In clearlnir house trnnaactlnna ai 11.. ..-.s
clnnl cltler In the United Slate.. rnmtiSI
to Indicate tho maintenance bt buldi.' 2?
unprecedented volume for this period IrTiM
eeciton.i ot ino country Total euliestt'
this week, accorttlnc; to Dun's TUtW
amounted to no less than 15,747,71l,ltO
nn Increase of 41.4 per cent as compirel'
with the $4.065, 1G8,03G of the time hS
lost year nnd of 134.t per cent i t4
irnsieu yiiii tne .-,iti,4iii,8 jof the pf
rcapuiiuiiiK wei'it in iiii..
Tho report of th, fuba Cane Sn
..nKHlUn a ,1.. 1 .L
v.wi iivii.iiuii iui ihu ii'iiw mnntns tnflH
September 30 shows Si:,l9,01Z net traUj
carnea, nnu u,9oi,our alter int pijnasij
or mviuenus on tno prererred stock.
NEW YORK BUTTER AND ECGSi
NBt YOniC. Dec. 22 inrrrEn-renfail
70111 tubs. Markiit seuerallr verr nijlitaSI
, lilac, lieu. .up ki.ut. .a.iif 1T av.1.'
but on otner srauea vreax.r. t,"J0'.tteM
chanaed.
in
ss Uirtnt
ul.r, aM iim:
4.fkja... r-fa
KtlUit nece CIS. TZI4 rss.a
eraliy eaaier, nut very irresu!
Kxtras. AOCfnlc. extra nrsta
414M7c: rerrlaerator special SJ(3.t4e, rtrrlr- I
erntor rirsts. S'iUSSHoi browns. 5tol6aisirK I
color, 47tP61c; no chanse on Wt. et. .'
New York Trust Company Pays Extfi
NEW YORK. Dec 13. The United SUllfl
MortgaRe and Trust Company has itthnin
a quarterly dividend of 6 per cent imM.iS
extra dividend of B per cent. pajrsMe D7j
cember 30 to holders of record Dectractr.SCr
First Dividend for East Butte
BOSTON', Dec 22. East Butte CerWji
Mlninit uompapy nas declared sir uaim
lliviuuiiu ui f a, fujrfi.'io iiuiiu., a. ua
of record December 30.
BAR SILVER
Ijimlon (pence) ....
New York (cents)
Tod.r.
. sa"i,
. 76
Vfo?
n
The Way Bonds -
Are Bought
by reliable invest---
ment houses assures ,'
their customers of
every protection
t h a 1 1 experience ""
and 'conservatiira '
can provide. Ef
. ficient .engineers,
accountants, statis
ticians, lawyers and
bankers examine
with care the rec
ords, present posi
tion and prospects
of the corporations
whose securities are
recommended for
investment.
WilUamP.Bonbright&Mi
M0RRI3 WIBTAR BTROUD, Jr.
Slanater
437 Chestnut St., PMIadelplu
New T.rk . Uo.tes JW'
aansen t ra.w
Wm. V, Uonbrlxht Oa, Bnbrlt '
e
TAX-FREE IN PENNSYLVANIA J
We own and offer
Lehigh Valley Coal
1st S. F. Ss
Due January 1. 1933
We can supply either regliUrtJ
coupon bonds.
A. B. Leach & Car
115 South Fourth Street
B.lt pjion Iaatiar4 l
Cblcaw M
TnSoH. Ea. BillWW.
BsUa
Et-ECTIONg
"S
- ' J3
M
Z' TUB "ciUfiiD. WATlONAfc A-
. ....inH Am nir.oUr "S
mm atnouai iiiwnw ." L--.. .ousm m y
ANNl'AL MBCTI0
ar mtn
i io pw." Y7.rzi, 'tiarwitiBm,
liQUia W- BS-aa a&.
thla
held at
, lalt. btwi.
nmgQToa.- or ACjCOBgXiJg
rrtUiAAt FiitUa AAXtuaSSSUr
.n'tinr&A'mk S&m
vmtms1
?
t mi-rv t
JKOC.
,mm
I
ji' lis i4 ass Mai 3.1 IS 34, Wow iw
4ji JWff" 3r
r Tb-Ut
rfSf jianuar;
utWAlM I
UriiiK m
bittitt
Tsswprft
&UA 1
avnatwava &t S 14a. '
aw i i hi i a -" T
'jUtfwevi aw w ,
C. J. UUf. laimtmm.