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EVBNIKa LDaBR-PniLADELPiriA, WEDNESDAY
JA&
TJARY 10, ito'
T- ' " "
JTfcres ef th lit Standard
Oil mbildlirr eempantet
will tktrtlr ntlfr l-mte-In
their caplUUiatlon, which
will fir. har.hold.rt iterk
tonuses raogfnr from 00
to 300.
F Ant there r ill mors of
the Stamjsrd Oili wMeh lis?,
accumulated sufficient ,nr.
pluses lo justify nearby dis
tribution of Utt dlrtdends
to stockholders,
Th nl- subsidiaries In
question, alonf with general
Informstlon coifrlnr th
Standard Oil. era Hated la
ear fortnightly publication
"InTCSlracnl Opportunities'
J Anyone who It Interested
In Increasing the earning
power of Mi surplus fundi
should tegulatly recelt. this
valuable publication. It will
bo tent viml rargt, be
ginning with current lime,
pon request for 3S-PL, In.
eluding booklet detailing
"The Twenty Paymen! Plan"
I llMMi., twill
40 Exchange Place Nrw Yorl
January
Bond List
This list includes bonds legal
for Savings Banks, bonds ex
empt from State Taxes and
bonds eligible as security for
Postal Savings Deposits.
UtxKt Ring: of yield
U. S. Gorernment . 2.00 to 2.90
Municipal . 3.70 to 425
Railroad . . 3.80 to 6.03
Public Utility 3.62 to 6.00
Foreign Government 5.12 to 7.0!)
Send for January Circular
P E -85
The National City
Company
1421 Cheitnut St., Philadelphia
Now York Chic jo en Francisco
Booton Pittsburgh
Weekly News
s of New York
Curb Stocks
Krery tntostor lnterit
'1 In Mining. Oil. iiml
Jnilintrl.il Htoclvd traded
In on th New York cnrl
u triiut lti l'ltft
dependable newa on morn
tlmri forty dinVrent
vrcuriHr) rncli week,
nlmuM read the Jones &
UnLer
Weekly News Letter
Write for tho current
Imue.
Ask for T.r.-7K
JONES & BAKER
Vl'OCK HltOKIMlS
Widener Bldg., Philadelphia
Hell, Walnut lKllO-1.
KrjstTO. Usee '.'00.
tt York lloston
ClilrnRii I'ltulinrgli
Dfre-I rrtnlt irlr-i
U
Advance in Crude Oil
"Pennnylvania Crude" advanced to
$3.05 and "Somenet" Cmd lo $2.18
the highest price in history.
Increase in Earnings
Darnell Oil and Gas Company
Earnings are increased over $100
per day by recent advance
J predict another advance thin week.
The security back of Qarnett Oil and
Gas stock is worthy of your fullest in
vestlgation from an investment stand
point. Peace can only mean increased earn
ings for oil securities.
Let u aend you recent information,
titcutar 112.
E. H. CLARKE
Morton R. Alexander
(itealdent Partner)
Phone II4U Spruce
Stock Exchange Bldg. Phlla., Pa.
27 William Ht. New York
Neunrk. N. J. i
Farmers and Mechanics
National Bank
427 Cheitnut Street
ASSAYING ORE TESTING
Eipert advice on trt-tttmnt of
ores (if eery dewrli.tlon
OGDEN LABORATORIES
230 Chancellor St.
Metallurgical Knalneera
Ftiono Lombard -750
BUV KINGMAN ZINC MINIMI CO.
Produc.ra and ahlppera of ifold. silver and zlna
erta, BUlpraenta aterased 11200 per car net.
. Owns 140 acre In. Wallapal District. Mohav.
Co., Arizona. The dUtrlci haa produced HO,
OOO.OOU. Larea paylns intnea nearby. Snd for
enalneera' reports. Jtlch copper orea recently
tliacov.r-d.
KIXflMAN ZISC1 MINIMI COMPANY
SOI 1'orrt.t It-Jlldlnr. I'iilladelpbU
ANNUAL ELECTIONS
(jSS KOBTIIWKSTEBN NATIONAL IIAXK
? t'blladelpbla, !.
January 0, 1D17.
At tho annual Election bold Ihta day tho fol.
lowing- Director wero re-elected;
Kdward A. BchmlJt Harry A. 1'oth
D. Cha. Murtba otto IV. Scnaum
uoairoy . ucDinsoa vm. n. a9rn
John 12. llanlfon
A. itaymond Raff
Edw. C. tibmldbalaer
l.lnford IV N-l.j.
Jobn H. Llvozoy
josepn i'. wuiinan
LlMWOItn C. NICE. CaebUr.
UI&KCTORV QV ACCOUNTANTS
Certlflad Pobllo Accountsilta
LAWBENCK K. SHOWN CO.
1813 REAL ESTATE TRUST BUILPINOi
HENRY C. ilAOKB
STEP11KN UIKAHU UUJLDINO
WILLIAM E. HONTEI-lUa
829' CHESTNUT UT.
BURNS 8PBAKUAM
TUB BOUltSli
PAKTNEitisHirS
Moiieoi l fcarttw iea '
"an; trajtas as i'anulu I
r St 1S13.
aft &
xa paruai'tblD
II and KJward
FINANCIAL NEWS I
P. R. T. CERTIFICATES GO TO HIGHEST
MARK SINCE 1909 ON DIVIDEND TALK
Most Active In Trading On Local Exchange Hai'i'ison!
Brothers and Company, Inc., Issue .
a Good Annual Report.
Sales in Philadelphia
x . ,IISh-
0 Anno Tea
liref I e. DHd
21 Am lian . .ISO
Sn.Aln llj'H lif 87
liii'Atm'o ('op. :t
Low. 'lne.
Nct
chee.
tl7?d
fill
nJ
HSIi
f)7t!.
lio
1)7
Kt;
tlnl.T I, iif.loiw, ml?!, inlld Ifc
1.1 It ftHtrlif fid M "A "'
tivory one In tltn (lnntidlal district tnttny
una Inlcrastcil In Hie ncllnn of t'hllmlclplila
Itaplil Trnnslt trunl rerllllcttlefl In tli tnul
ItiR on tlin loral Klock Rxclintwc l-'rorti
the Rlnrt of trailing nt II) o'clock a tltwanil
nritiMtrpil, mill Imforc lonB the Interest in
thai Issue ot'ershmlbwetl everything else
on tho lint. Kvcn rnilctl Ktntes Slrel enin
mon, vvhli'h usually innlien mi the l.iruest
iimmint of the ilenllnRS, wns fnrceil In the
tincliKrolltlil. 'tl the llrrlmiiKe lloor there
was n rrowtl nroiiml the Itapld Transit
post, the nttendanre nrotnnl other posts III
the room helm? Binall nil lliroiiKh tho day
Tho ileniaml for tho tfiist ccrllllnitPH Intel
tho effect of causing a lnrgex nttetiilanen
on tlin llnor than any tiny of the weok.
Ileforo the closo mora than 13,000 had
ehanued hands,
Iteforo midday a new high prior since
l!l9 was elmlUed up. the eertlllnateH lotleh
InK 33f'. it Kln of 1 us rompnreil with
the lliial llc-ure of Inst nlKlit anil ', nlime
the top mark touched last Hweitilier nn
Hie wnv up it hloi k or inno shares was
snld nt 3S',i The lies! price was not main
tallied to tho elose, anil In the nfternnon
considerable proflt-takltiR was noted, 10011
Sharon rliatiKlnt; hands nt 33. lluylnu of
tho c-urtlltcates, wjileh was Kood nil through
the innrnltiK, was In many rases for houses
which nro usually pielty well-informed as
to what tho management of the company
Is dolnu or Intends lo do
Tho huylnu was snld to he haseil on Hie
expectation nf n illvlileml ileclnratlott nt
tin- mretlim of (lie directors nest Mrinday.
The Street henril it relleratloli of reports
alnnc this line all through the day, and
some people even went so far as lo say tliey
were sure of It. The amount of the pos
sllilo dividend was not mentioned, hut those
who nre In it position to know said that
a distribution of S'4 per cent would not ho
surprising. .
In connection with llm activity of tho
rertltlrates, It Is InlerestlUK to nuto that
$2,r,C,1,fisn additional orrtlncntps linvo been
listed of the regular llsl. These nro Is
sued by tho Fidelity Trust Company, nRent
for tho trustees, under tho extended vollns
trust agreement dated Vchruary 20. Ifllii,
making tho total amount listed $2.1,20O,TSn
This reptesenls K,S,!l!)B shares, par value
$fi0, of stock deposited under the voting
trust agreement As the total outstanding
enpllntUallmi of the company Is $30,nnfl,onn,
of which $2!,!7R.87f Is outstanding, or
5Wi.r77 shares this I ernes only la9,5SJ
slinioB which have not been deposited under
Hie voting trust agreement.
Tho remainder of tlin list was more or
less quiet, lluffnlo ntid Susquehanna pro
feriDd dropping off 1 point early In tho
day. This loss was brought about by the
turnover of only 2.1 shares. For tho greater
part of the session 1'nlted (las Improvement
was unchanged, but late In (be nfternnon
It advanced a fraction Philadelphia lller
trlc rugged a trifle, while Lake Superior
was Armor. In the bond illusion consid
erable Interest wns shown In Hie city
Issues. Mleelrie nnd People- I per cent
trust oerlllleates Inst 3 '4,
Tho annual irport of llnrrlson tlrothers
& Co., Inc., for tho fiscal yenr ending Oc
tober 31. I010, wlileh caino out today,
showed up very well as compared with
previous years. The profits for tho year
totaled $2. 233.371. which compares with
$G!ilt,!i07 In I HI 5 and jr.-I.Kifi In lilt I.
Ueprei'liillnii was unusually heavv during
Hie year. iintMimtUig to S.liiii.ooii. This.
1'resldeoi. Russell S. (llubli.iiil. goes on t-i
explain, is due lo the "high pressure under
which our neld plimt have lieen operated "
Tills was expended to enrr renewals and
leplaoement Of eipilpment. The company's
construction plan has been completed. Phl
dunUs of 4tsr,000 were paid, against $Bfl,2B0
In tliu previous year, leaving u surplus nf
$1,03.1,710. Carrying Ibis amount forwnrd.
tho company now has n combined surplus
f J2,2l7,3(i3. inrectors or tne company
ere re-eleeted nt the annual meeting.
nil
lit
fill
M'A
lii'A
SIH
7H
1 3 id
Bit 11
II
An
r,1
mi
S0V4
mn
s I Ul
7K
I3W
Vi
i
Vi
tfe
14
.imn
0.1
I
ion cub c! Sag .In
50 Mien Ktor.. rtt
III fl Asph pf II!)
II Jim CoNA Sfl'.i
liiniil.tc Hfip C. 2lM.fi
, 5.1 t.eh Nov. , sHl
Ion l.eh Valley 7H
In do pref. 1314
U1.1 I'enn Tr B7
51 l,af!.llt M. 03
2n I'lilla Co
ettm nf. 1191
17.1 t'lllla Klee. 33(,
lln I'll Itnp Tr 3.1
limit do tr ctfs Mi;
II Milln Trne SI'H
M Iteaiimg . .IOS'i
tsn Ton llel . . 1 I
no.i Ton Mm., o ft is-in .i u-i'i ' ii-io
30.1 fnlonTrnc lrt; 10'A IW -I
S3 I'n H-hnp. on K!H4 W
I Km: V M Steel. 1 13?;, 1I0',(. IIO',i S',4
Inn Ftnh Cop. ln.111 liOVi UMi U
2,1ii War I A H 0V4 ati v'A
Ill v crnmp. S3 S3 o:l 2
lint lint
33 33
nfe .in
311.4 33 Vn
KHt HHi
till 101
It). 10 l-ld
"1
V
IIIIMIS
MlKh t.nw.
OOli
fins.
not
I 111
..f
MONEY liENMNG HATES
Ni:V VOIIK Tho money markrts de
veloped further ease today In all depart
ments and the supply available obviously
was considered In excess of Imiiiedlntii de
mand. No gold was imported today from
Canada, but the Inflow will bo resumed
soon.
On good stock exchange collateral rates
were nominally iinrlinnged at 3 per cent bid
3'i per cent asked for 00 days and 3 per
cent bid 3 'a per emit asked for 90 days.
Money for four months wits unchanged at
S'iftil'.i per cent, but bids for five and six
months wero lower ' per rent to 3'i per
cent, tho asking figure being unchanged at
34 per cent for both maturities.
Industrial money followed tlin trend of
mixed collateral with wites nominally .TJW
31, per rent. Prime bank acceptances wore
lowered 'i per cent to .I'fc'fS'e per cent
for eliglbles and 31, fl 3 if, per cent for In
ellglbles. No Improvement in point of volumo of
business was leported in prlrno mercantile
paper anil the tono was easier. Hates nro
nominally 4 per cent with exceptional trans
actions on extra cholco material above and
below that figure.
Call money ' opened nt 2 per cent for
lending and renewing.
PIlll.Alilll.PHIA Call. I per cent.
Time, 4 'add per rent. Commercial paper,
three to six months, 4 iff 5 per cent.
UAIl SILVER
V'U .irk (centsl .
London (pencel
Tedsv.
711
1.11 Ht
Ves'dny. Wed'dav.
711 7.'.
3(l'i 3U'j
KOIIEICN EXCHANGE
Ni:V YOIJK. .Inn. 10. The foreign ex
change market In Iho early dealings today
was quiet. About Hie onlv feature was nil
easing In rubles Teutonic exchange was
a shade better, and sterling, kroner, Swiss
and Spanish exchange were llrm.
Quotations follow:
lirmnml sterling .'Wi : cables I 70 7-10;
Sixty-day bills 1.72, ninety-day bills; 1.70.
Franc cnliles fl,83'i. checks fi.RtH.
ltelchsmail: cables 70 1-10, checks 70.
l.lio cables 0.89 U, checks 0.00.
Swiss cables 1.07 'a, checks 5.
Vienna cables 11.58, checks 1 1 B0.
Kroner cables 29. 0B, checks 20.50.
Peseta cables 21.45. checks 21.28.
Uullder cables 40T4, checks 40 13-10.
liable cables 29.30. checks 29 20.
HANK CI.EA KINKS
with
rnrre-
llanti ctenrlnKN today ciimimrt-d
spnnuina u.y insr nvn cnrs:
1UI7 1010 . nun.
Ilnston I3lt,:l7ll.ril.1 t.12,N7i!,!!S." 2H,27O.O70
I'liiladelnlilN ri.iisi.iiii-j aii.mia.iiiii atl,7il 1.112a
New VnrK. 0H.ii:j,7r.r. ira.ooi.uii 2Sl.ti3S,llM
Sugar I'uturrs tluict
N'KW VOUIv. Jan. 10. The market for
sugar futures today opened quiet. 2 to 7
points lower, with sales on the call esti
mated ,nt about IB, 000 tons. There was
considerable selling pressure from local
trade bouses, duo to the feeling that Iho
spot situation wns not quite so llrm. that
market being affected by the larger Cuban
exports. Thero was little demand and lh
market appeared to h.ne a sagging
tendency right after Iho call.
(SI2IIII0 AmUM'lBs !"!(.
.10011 City Is 'IB
cp . .. I0.1V4 1 03 Mi'
2110 ihr43oi.l0Hii 10314
I lino do 'I I op. I ill! tn.iij
I nun do'l"cp.lo.1',4 10314
3IIIHI do 'III cp. 1031.4 I03V4
2,1110 b'lec & l'eo
Tr 4s .. 0.1 H'Jti R2 14
10(10 Kqillt 111
las Bs. . In
I lion I.h Sup Ine
Bs B3
1 111110 l.eh Vol
iron Is. . 1)1 Mi l'4 0114
I noil do con
p.... n.'l. 101
noon Head gn Is OOii
1000 Hend-.ler .
Cent Is. 00' OIlO'i
Soon t.'n Itwy
Inv Bs.. 73 1201
30(10 York llwy
1st Bs. .. Oil OfP
107
A3
lot
00
InS 1,4
Hi2!4
IU3V4
11)314
I0H4
,13
Net
eltee.
' V,
-3V4
- 14
DIPLOMATIC NEWS
SENDS WHEAT DOWN
Bearish Crop lloports Hnvc Bad
Effect Also, Causing Heavy
Selling
ClIlcArio, Jan. 10. Disturbing diplo
matic news, snows In tho Southwest nnd
oilier bearish prop nows caused heavy sell
ing of wheat today under which the mitrlicl
lifntiP rnllipr sharply, stop-loss otders wero
tillpovpred In considerable volume.
The drop followed n rnlly above yester
day's flow, due to prollt-tnklng by shorts
nnd on indications of further buying of
futures by export concerns or foreigners
lifter n. lower start. Thero wns a recovery
from Iho bottom on covering.
May, after having been ns high as
$1.88 H nnd as low its $t.81U, chilcit nt
$ I.S3 -7i i 1 S3 'a. against $1.804. yester
day's last price. July sold as high ns $1.S2
nnd as low ns $I.I0 finishing nt Jl.4jiii'
I.IJ14, compared vx It It fl.SI, tho final quo
tation nf 1sler1lay. The lop on September
wns $l,mt, the low $1.31 ntid the close
$1.31", nfnlnst $1.37, yesterday's last
ijrlce.
The Prlco Current said that the rains of
InRt week wero so general Hint tho snow
covering of wheat In nil tho Ccntrnl Stntes
hod disappeared. Tho suggestion of pos
sible damage hy Ice oil fields has been
found upou Inquiry to bo without founda
tion. J..Hllnn 'iilure ranged n fnllnws:
WIlfHl
lilt
lid
nii"-i Vi
Wt !!i
f 14
SECUHITIKS AT AUCTION
Tlere wr-rf mmn wide chnnires nt the sate
nf securities at 11 net ln tinlnv by, names &
Loilnnd. Atneinr th" chmnres C"ln of nTi
pnlnts by I'lrxl N'ntlnniil Hank i.r Trentnll, ..!.,
Plork. Pldi'llly TrilHl muv,"l lln it. Provident
I, lf nnd Trusi I nnd Pinnies Truit 2'. .
STiH'KM
.",11 nlirn IViiftiU.ini! Ilnllrnnil -'".: Iir
t.vi an"
21 shrs Pnl1.1l ll.in bniiroveliinil Co. ; luir
.-,(! Ml
no shrs. Kl Pinnr JlliiInK iVi., of .Mix- ...
I111 1."t tPJ
1 shr Klrsl Niitlniiiil II1111K. Trenton.
N. J. . eur 1H0 snji,
7 stirs Untie. Ilnnk. luir lull.... it.;
1 shr Kiileiiiv Trust 1 V ; imr Itno. .. i.tj
2B shrs. 1 Inn 1. 1 ill"" Trusl nnd Snfe lie-
nnslt i'n. 1 e.ir lino 1 11
10 stirs. Miittml Trum Co : imr JSjn jlni
10 shrs. Peenle's Trust Co.: nnr .VI... no'i
I shrs I'rmldem Life nnd TrtiBt Co.,
rmr Slim "il
n shrs. ivnns' Ivnnln Klre Insurnm-e 1 n. ,
par lion .;':"
,"7 shrs. llelHWnri' lllillruliil Co ; nir 2.i. tn
Jilshrs. Piielllc Ciinst i'n. Ilrst tirefernd'.
imr lion .!
30 shrs Amerliiio llrediiltlK Co.. pur Hon til.!
7 shrs. Atnprlcnn Pipe nnd Cnnstruvtion
C.i.: -nnr linn 3n
0 slim. American I'll"- linil I'linnlrni Hon
Heetirlites Corpuritilon prefirnil: par . .
lino '.C
S3 hrK. Ainerlenii Pipe nnd I'mislrui linn
Securities I'ltrpnrntign preferred; par
linn 02
2(1 slim TmliirWImrtiin Iren end Htiel
Co prefernil. pur lino . '.'7
30 shrs lieritnir llniiel llriwlna Co.
roninmn; pur lino !"
n shrs. Iteliniint lirlvltlK Club; per l.iO . .1.1
2 shrs. Peiinlanhl Atnileniv ff Klne
Arts; par 1100 .:. an''
1 shr. Pentuiylx'iinlit Academy of Mne
Arm; pnr 11(11) ... . . 311
1 shr. Pennsvh.inlii Academy nf Mne
Arts: imr lion 30
8 shrs. Phlfadilphlit Itnurs" common, imr
t.vi "i1
n shr Friiiikfnril nnd rimitliwiirk ... . 301
III iN l)S
l.ion t'nilcil (las r.nd llliM-lrle Ciirporatlnn.
r. per lent Flrt mnrtcnqe Cnn
puns Janunrv nnd Julv. Pun 1022. inn
Slnv.
,ful .
Brpi .
Hpi'it.
I "T.
I .111
i.ar
lllRh.
I ssu
R
.1.3'
nrn (new dellvervl-
m
IIS4
OtS
Mny.
.luiy. .
Oats
Mny. .
duly. .
i,nrn
.rnn... IB 07
Mny.. lO.lo
llll.ji
Inn.. II rt;
fi?"
Bu
Bit
ftfth
NEW ISSUE
$750,000
Commonwealth Power Company of Nebraska
First Mortgage 6 Gold Bonds
Dated March 1st, 1914
Due March 1st, 1944
Intereit Payable Mnrch lit nnd September lat, at the Empire Trut Company, New York, or
Lloyd's Bank, Limited, London
Coupon Bonds, Denomination $1000, $500, $100. f
Bonds may be registered or registered as to principal only.
Bonds Payable at Maturity at 105 or Callable at any Time at 105.
TRUSTEE EMPIRE TRUST COMPANYNEW YORK
The Lincoln Traction Company of Lincoln, Neb., by agree
ment, reference to which is endorsed upon each bond, obligates itself
to pay from the amounts due the Power Company, the interest charges
and the Sinking Fund of the Commonwealth Power Company of
Nebraska.
By this agreement the interest charges of the Common
wealth Power Company become a part of the operating
expenses of the Lincoln Traction Company, and are a prjor
'charge to all interest charges on its Bonds, ,
EARNINGS
The earnings of the Lincoln Traction Company for the year
ending October 30th, 1916, were:
Gross Earnings $948,220.71
Operating Expenses, Insurance and Taxes... 671,585.26
M-l P ! nie nir Af
I 1XCI UUIIIlllga ..,,.,,,....,,, ,IU,Dd3,10
1 Interest Charges 73,448.67
il : .
surplus , , $ZUJ,lcSlj.7c5
Messrs. Storey, Thorndike, Palmer & Dodge havej npproygd
all legal matters in connection with this issue,
Price (00 and interest to yield about 6.15
Circular on Request (
i- -' I
All statements in this circular, while not guaranteed, nrtl in the tt'jn'4 ppMoiu based
upon information which we regard as reliable, being (he data upon whiffy wc Jiiiy"actediii
our purchase and valuation of the securities offered.
LIGGETT, HIGHBORN & CO.1
105 Devonshire St.
Boston
Incorporated
Investment Bonds
61 Broadway
New York City
Marine Bank Bldg,
Buffalo
Ati,
Pin1.
Jan Mat
ll.d
1.1(12
2 !'."i
1", An
tAske.
t.vn.l
in.p.'
1 1. 112
l.-. on
l,eu
1 si',
nsl.
no'-
63
in.r.o
lo.iin
1 1 (10
1 1 OS
IMo-e
1 i.1",
I 31
07J
tnlH
m
1.1 02
III 07
i I nn
in oi
l's. no
21 in
Yes.
i lime.
I.ST
1. .-,!,
1 .17
107
f..1
l.i on
111.12
tin a.
20 Ol
Granulated Sugar Unchanged
wnw vnntiT. .tan. 10. All rcflnero
nooled fi 7Bc today for
sugar. The last sale In
wns unchanged nt B..10C.
flno
spot
grsnulnted
Cuba raws
ANNt'AI. MI1KT1NOS
Hunk, to serve for tho en-
Asa S. Wlnf
Till! HIII.AIIKI.WIIA NATIO.VAt. HANK
Phllmlrlnhln. Jnnnnry 10, 1017.
At the Annum Klcrtlnn hfld on in; Iitn in-
slnnt. the. fol owin. s ncKnn.u-rn e, --...
Directors or inn imim
sutne jear. Mi
lllchnril. Ashhurat
(teorsn wood
Alfred (J. llnrrlson
l.e1 I. ..Hue. .,
(leorne It. JtePsdilen
ltnn..il Mnrsnn
It. Ilnte llen"on
Snmtiel Ilea
Pierre 8. tin Pont
Thomas 8. (intu
Humuel 11.
iff
Vftucliiln
Wllllnm It. Donnrr
IVnllflen II Simmons
Sumuel I). Wnrrlnor
Aim c. Dinkey
Pldrldse It, .lonnon
J. Howard P"w
,t Kenratey Stltrhell
William 8. Uodfrey
.. . a-ii nf is. Hoard nf Htrecters held
this day the follow Ine ode-era were unanimously
re-elected: '
Preldnt , .,
I.il t,. Hue,
Vice President., ,
riuirles P. llllnn. ,1r.
William 8. Maddot
llornre Porteaeue
HiiItArn POIlTn.iCLT.. cnshlr.
Yarns Firm In Manchester '
MANCHESTUn. Kng.. Jan. 10 -V.,
nre quiet nnd firm. Cloths nre rjuitt
- - ANS'tAI. MIIKTIMIH
:, WIONMl. i,Nk
rhllniielphls, Jnnunrr t), i.
2-iAt the Annual Meetlnt: of the shar.i,,
ifiS era. held today, the follotvln .,,
wero elected Directors to Berve for UiVeaJf
Jear: t-nANK r. rnov-r
I.KWIS It. DICK
ItAMlLTON DISSTOM
.lAI'im 8. l)t88T(IN"
THOMAS I.HAI1H.
HAMI'KI' KHBHKItlr ItnUSTO.V
108RPH .1. MAIITIN .
lltlMIIKItT U. POWKf.l.
;i(iiiu. niiiir.iiin
All I). STOW
,e.MAU TAI.IIOT
IS M. WAONHtl
W. I'MPmill) WflllD. Chl
: anm-aj. mi:i:timi np t,
"Mow- Asylum, county of Pm
Till
Penn
will he heJ tB
Rtl't nt-,-1 l-.."-."
District of Kftilnclon, wli
iiili ilnr of .Innunry 1017
J11!1..! I'.l- tilrfHA t-lron
i" - A fsMIIIP. Th'
Hoard of Mnnas-rs will be -uhmitied y()
tlon of oOleera for ensulnir vear "
(Signed) MA11Y J PM,
ssorelitj
nt 3
1 ttn.i a..
The . Annual lienor! mT
COTTON I'KICKS DKCMNK
NISH' VOIIK, .Inn, 10. A sharp renetlon
from tho highest In Liverpool nnd heavy
selling by Wall street nnd local Inter
ests caused reaction of C to 14 points nt
tho opening of tho Cotton Kxchnnge today,
with the tone easy, .S'omo stop-loss orders
wero caught nnd this forced further de
clines. A report from the New Orleans ifinrket
In the effect that all Heights lo Liverpool
hnd been withdrawn fled to Increased local
pressure late In the noon hour, but offer
ings on the decline seemed to go Into the
hniulii of spot firms, and In tho afternoon
the market was steadier, but only mod
erately net It e.
Towanl mliliiflernoon heavy selling,
based on unfavorable political minors, car
ried prices into new low ground for the
day. or a net decline nf 2Si;iti points.
Willi street wns a big seller oil the break,
as was also the West.
Yes. clime Open. 1 1 u.ni. 12 m 2 p.tu.
Mnrrh ....IK I1.-I IS,-,.", IKBM IS Jl IS J,i
Mm IS III IS. Ml IS.WI IN. HO IS s"
.lull IK III 1K.SI ISM ssr, K SI
Hclnher ...17. 1.", 17.10 17.11 17.11 IS 4.1
liecemher 17 111 It IS . . ...
Spot ts.vil '
ENECA CCIPPE
No Par Value
Capital 200,000 Shares
OFFICERS AND DIRECTORS
I'res
iTti:ni:nific mjwisoii.v
T K. COM3
PHILLIPS A. CLAitK
See. I". (.'.
Treas WAI.TKU llwipoii.v
HAMILTON KIRH. Jit
W. V. 11AHTH01.0.MKW
WKSTKItVKLT
A rich Lake mining property with $1,000,000 available
for development.
Formerly Controlled, by Cnlumct & Hccla.
Stock offers an exceptional opportunity for profit.
Special Letter and map on requctt
James O'Brien & Co.
' 3537 Broad Street
New York
Frank J. Smith & Co.
50 Congress Street
Boston, Mass.
rown Brothers & Co.
Fouwni and iCiresTNUT Streets
PHILADELPHIA
High-Grade Investment Securities
Upon request wc shrill he glad to enter on our mailing
list the names of investors who desire to receive regu
larly our security offerings. Investors will be furnished
with Descriptive Circulars any time upon application.
j
c
1792
125th Anniversary
iTurur&n.ce Compart) oP
1917
RICA
PHILADELPHIA
tpUNDED l?&e
Fire v
'Tornado
Explosion
Rents
Profits
Use and Occupancy
A& JKS&S-Tr--A lY'5-"
m imskJ&kLvm
Li iLJimtmmi5fa.-t;&ipm
wa7iS'
mm
Marine
Inland
Automobile
Parcel Post
Registered Mail
Travelers' Baggage
Oldest American Stock Insurance Company
Organized in Indeperdencc Hall. When Georg; Washington Was Presi
dent and When Philadelphia Waz ths Capital of the United States
JANUARY 1, 1017
Capital $4,000,000 Assets $23,389,465
Surnlus $7.030.;-.7fi
M. T J - -
Losses Paid Since Organization $183,224,309
BENJAMIN RUSH, President
JOHN O. PLATT. Vice f ' - SHELDON QATLIN. 2d Vice President
1, HOUARD WRIGHT, Secretary and Treasurer
GALLOWAY G. MORRIS, Assistant Secretary JOHN KREMER, Assistant Secretary
Henry W, Biddle
C. Hartman Kuhn
Arthur E, Newbold
Charles S. Wt Packard
J, Percy Keatinu
DIRECTORS i
&M5- S"Sj" seiasw
WHiiara u..mnsor William T. Elliott Charles Piatt, 3d
(
"iraHTHjr:
Main Office, Third and Walnut Streets
Uptown Office, Real Estate Trust Bldg.
ft
Ari Old-EstaWhed Philadelphia Institution Doing World-Wide Business
' SniSiJa.-
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