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EVENING LEDGER-PHILADELPHIA, MONDAY, JANUARY 22, 1917
15
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GOOD RECOVERY FOLLOWS DECLINES
IN STOCKS ON SELLING PRESSURE
Conjectures on President's Message to Senate Disturb
Wall Street Fears Disappear When Contents
Are Made Known
High Points in Today's Financial News '
CoujcrturcB on contents of President' message to Semite liiilurbcd i
'all street throughout day. blocks declined in. morning-; recovered in after-
non. iiaiian exenange weaic 111 jorcign txennmje market. Sterling and
francs unchanged. Wheat holier. Sharp Ureal.' in eolton. Philadelphia bant:
ttatcment showed big gain in individual deposits and surplus far week.
Price for bar silver higher, l.il Brothers declared extra tlivnlend. Price of
sine ore up $10 a ton.
N-mV i'OUK. Jnn. 22
Wnil Hired wns disturbed till through tlio furcmioii toilny liy conjcettircH
ejt 10 what the rrcsldetit's itiesyaRo to lie tlellvt'i ed lo the Bolialo In the early
afternoon would present for public consideration. At the opening the tone wnn
falrH Rtronc bemuse of the toiorln that the German raider had been deMhiyod.
but the demand for bIocUh wiik (inlchly mipplled nnd the Ktrcct mid Stork
Hxeliuncr lobbied were filled with rumors about new Orninn, undert-ca nrlhltlp
nnd nbnut some position to be taken by our Government thai might airrtln ran
ftlFC the diplomatic situation Kor u time the Slleet born Hie nervous, fearlnu
that the kcIIIiik pressure Indicated another leal; similar to that which preceded
Uie iiubllcatlon of the peace note.
When the President's mesnaRe wan read Ihene 'fears iulckly dlRaipeared
and the fai't that nothliiK twtH found by the iipeciilnlle eletnenl In the expres
sions or i he I'ccutlc to cause any new iilnrtn made It nppatent lo tmin In
the Htieet that those who sold BtocKs In llic first half of the day did not have
nn Information In legnnl to the Administration's altitude. The fears, Whlr.li
ere Inter dispelled, made linilij. stocki recover a pood ileal of around.
I nitcd States Steel common, after selllim at 111. dropped to IIIiMt and
then tinned back to lt-l. Mailne Issues were strntiR In the ni'Bt few minutes,
Tilieii Hie iireferrcd stock rose : points to above K, but quickly dropped to Sst
and milled iiriiIii to above PI. Atlantic, (iulf anil West Indies ranged from 1214
to llfi and then moved up again lo above 121. (leneral Motors ranged from 128
tl 1201 and rallied tn above 125. In Hie late tiadlng the market tone was
Ktrnnc. but with business almost wholly of a piofes.slotial character, the buing
chlell lomlng fiotn those who had sold sttcks In the morning,
Iiotids- mov cd for a time during the day In the Mime manner as stocks and
also rallied when the slock maiket tecoveicd Its forenoln losses. C'onvei tlble
Issues weie illiectly Influenced by the weakness In stocks, Chill Copper is
dropping fiom 12!) to 127'. and slme of the teorgatilsied railroads sold off
frnctloiiallv Anglo-Kieneh fin sold at fllPi to !)2;l4. New Vork Itallvvay fin sold
at M7
CURB RECOVERS QUICKLY AFTER
PRESIDENT DELIVERS MESSAGE
N'lJAV YOUK. .Ian 2.'.
Setuiilles were pieshiil for sale In the outside maiket fiom the beginning of
business until after the tost or the I'losldent's message was published. At first
theie was a strong lone to some Issues on the IJioad Btrect Cull), with n num
ber of stocks tnaKing moderate gains In the early trading, but before tho llrst
haul had passed ncarl.v eveijthlng la which there was active Oeullng diopped
. 1 to 3 points, and the way In which stocks weie olfored created a good ileal of
nCI VOMSIICSS
After the message wan published Hie situation changed. Stocks which had
been pussed for sale weie III In Isle demand and lietiily everything moved up to
a substantially higher iiinge. This left prices at the end of the day showing a
small net change
Among the eai l'y declines one of the widest was In Mnrlln Anns, which
dropped fiom f,9"t to CC. Mldvnle lunged fiom 01 U to fit) nnd United Alloja
Bold down fiom t2 lo r.l. The motor slocks weie without much suppoit, Chev
rolet falling fiom 128 to 110 and United Motor from 4SVi lo -IB'i.
The oil stocks weie fairly well held, Oklahoma I'loduclng belling at 12- and
12S and Osage at !Hr and 8'6. Sinclair was tinded In during the first huir of
the tl.i at 2 lo (J1 r)H.
.Some of the low-priced mining stocks weie active, with Arizona Minos
attracting attention becaiiM- of brisk buying at i to 1. bused on reports of
developments at the mines. Uutto Copper and Zinc sold down the llrst half
of the da fiom 11 1 to 103,., but later iccovercd nearly all this loss.
The I'nltcd Kingdom one-;, ear new bonds bold ill 9U9 and tho new two-
year bonds hold at 99.
IMirnTKIAl.1
hut i'Iosp
ISld. Askwl. (hale)
Aetna I'ploshes
American Hritlsh Mfg .
American Mai con! ....
American Writ Paper..
Canadian 'ai it I'dy
Can Car & Kily pref . . .
Carwen Steel
Carbon bteel
Charcoal lion
Chevrolet Motors
Champ Shipbuilding . ..
Curtlss Aeroplane
I'merson Phonograph . .
Federal Djostuff
Hatkcll & Barker Car .
Hendee Mfg
Katliodlon Uronie pref.
Laurel (ill V (las . . . .
Lima Locomotive now .
Maxim Munitions
Martin Arms . . . .
Midvalo Steel
New York Shipbu Idlng.
Otis Klcvator
Peerless Motors
Poolo Engine . . .'
Scrlpiis-Booth
S fc Kresgo vv I
Stand Motors
Santa Cecelia
do pref
t Jotcpli Lead
Steel Alloys
Submarine .
, Tramue Williams
Triangle Film
Todd Shipyards
la'ted Alloy Steel
U S hteamshlp
I lilted Motors
World Film
Wright-Martin Aircraft
Zinc Concentrating , .
HAILI(OAI)'
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Itock Island
do A pref
do B pref ....".
Western Pacific w I . .
do pref
Wabash Pittsburgh .
do pref
STAND It!) Oil. STOCK."'
Illinois . .. .-."IS 245
Ohio ... .383 387
Prairie Pipe . ..333 Sti
Stand Uil of California. 888 3'J3
Stand Oil of New Jeisey UU3 7uu
Stand Oil of N'evv York. .373 270
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12 Vi
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8844
IVY
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314
SHt
377
UUG
375
i.Mii:ri:.Mi:.NT on. stocks
iiat ios
New York Stock Salea
nia.
2Tk
14C-H
17
Ast.e.1.
Vf.
147
17V4
a
12 li
ion
it
r,7
2 1-10
to'ii
(12
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- H
3V4
Bninett rill tc (ias .
Cosdon Oil H Oas . .
Cosdcn & Co
Federal Oil
Inter Petroleum 12
lloustou OH 22
Mcrrltt Oil "Hi
Oklahoma. Prod & It I2-Ji
Osage Hominy HT
I loyal Dutch d'On
Sequoyah 1 15-in
Sapulpa 1'ef IV4
.Slnclqlr H'Ji
Midwest Itef 97
.MI.M.Mi STOCKS
Alaska Standard .. .. Y 5-l
Atlanta '3 "
Big Ledgo 1 40i
llisbcc Copper, (a prosp) Tfc 1
Butto Copper & 'Anc. .. . IV4 tl
lltltto Now York I ' 2
Calumet & Jerome ... :
Cerro do Pasco u
Consolidated Aiizona ... 'J
Hmma Consol 2'. -'i
Fhst National 3Vi 'i
Florcnco (lolddold 2 !
aoldtteld Cons Bi 05
Goldfleld Merger 8
Green Monster ' 13-16 2
Uecla Mining Va 8
llovvo Sound "V' 7',4
IndepcndDiico Lead i . . . . in 17
Jim Butloi 7;t 75
Jumbo Intension 53
Kcvvauas 1" -',)
McKinley-Darragh .... IK Hi
Magma Copper 48
Mines Co of America ... 2 Sti
Nevada Wonder ITi 3V
NiplBsliig Mines Co 8(i 8(4
Kay Hercules iii 1
Seneca Copper IS 15Vi
Kan Toy 1 1 1
Tonopali i:xtensloii ... 4 4 14
West Had Con 08 72
White Oak :'
IIOMis
Cudahy 5s !"4
Cerro de Pasco Cs 1 15
L'osden Oil 6s 1"5
Cosden & Co new 6s 1U7
French Munlo Os ntl
Midvalo Steel 5a BOVt
Russian Olys U7
ItusBla 5V3 ,JJ4
Todd Shipyard Gs in I
West P.io new 5s HI
V K 5H-S J-year ua?
I' K B'js J.jear 0
(rale)
iiw
17 K
5
I ITi.
15'.'.
12'i
00
in K,
1314
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15-10
11
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2', 3 3-10
21fc
mi
714
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71
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31-Vi
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118
10014 108
10814
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80"!',
FOKEIGN EXCHANGE
M;W iolti;, Jan 22 Italian exchange
was again the weak feature of the foreign
exchange market At 7 03 for cables and
T.0 for checks a further losa of 2 points
from Saturday was disclosed and making
Dw low records Sterling and francs were
unchanged and Swia francs uert linnet.
Ilelchsiuarka were nominally unchanged
bpanlth and Hussiun exchange were easier.
Uuklne&s was very moderate.
Quotations follow:
Demand sterling 4.75 13-16. cables 4.76
fc- T-18, 60 day hills nominally I.7SI-S. 90 day
Dins 4 7014
Franc cables 5 hJ, checks 5.S4,
Jtelchsmarks cables 67 7-16, checks 67,
Vienna tables 10 S5. checks 10.83.
Swiss cables 5. checks 5.01.
Stockholm cables 29.55. cheeks 29.45.
Reserve Hanks' Discount Kates
Boston
New Vork
I'tillaUelphU
J'li;tlnd
ltii.union4
Atlanta
CliUaso ,
Ut Iniil.
lllnnt apullH
utoju
10 or
l.
3
Ovr 30 Over 60
up to 00. up to DO.
4 4
IMS' "
a Viaaclteo.
Buton
Kw Vork
ndUdclpbU
ilui.
iOIMlIU
5H
4V,
9
Atrlcul
Ovar UU.
S
b
Ovar 10
up to 30.
5
4
4
4
4
4
4
4
V4
3Vj
Trada aaaaotancaji. Coia
Up le 00. Up IP 0. .uadlty.
3
i
t I aula
aioueapo1!
Ksaia V Hy
I iUi
irat.-t
s V 1
3V
s
S5
r IhLrty lo ll i pl
4Vt r iat gy iuiji.
MONEY-LENDING KATES
sv.W YOUK Call money opened at i
per cent for lending and renewing.
I'lllLADKM'lllA Call, 3s per cent.
Time. 21-& 4 14 percent. Commercial paper,
three to "six months. 3V1'1 per tent
CHICAGO The expansion in surplus re
serve In the principal banks of the larger
financial centers lias caused the money mar.
ket to drift Into a period of ease, con
tingent on the development of international
affairs- In the meantime, borrowers appear
to be takiujf. advantage of current low
rates toward incline any future obliga
tion, and lanks are not in a position to
present any ery strong argument against
long-time jiaper at the low rate. Paper
is now reported as going at 3V per cent,
with some of ttie bet borrovvem obtaining
a shade lower Country banks are. there
fore, retorting to Increasing their bal
ance at the larger centers inalead of buj
ing commercial paper, when tho Interest
rate Is below 4 per cent
Banks at Minneapolis and St Paul are
finding the money market a little stronger,
the commercial paper rate on high-grade
names u,elng 4 per cent, a little higher than
for some time. Deposits have dropped oft
a little, and loans are of fair volume.
LONDON Money en call was 3V4 per
cent today, unchanged. The rate of dUoount
In the open market for short and three
months' bill was i per cent unchanged.
BANK CLEARINGS
nji Ur!na uMy ioeapare4 ua oorre-
uaa
kiAadiiiH Jai last twu vurl
f. f
1819
u" ". SO Bl joj "l ui sou i- 038 iil
HlKh Low l'ln
Acme Ten n: B74 ' V4
Ajft llubber . 72 72 72
Al.uka (lold Mines nn Si D'4
AIak.i Juneau . ;)(, 1 7
Allls ChaltneiP . . 27 27 B7
do prrf . . . gJi 841ft BM4
Am Ag CJicin. .. ul !H 1)2 li
Alii Ilanktioto 4,1 Vi 43 4:ti
Am t! Sugar .. . D.1 nl'U 0.1
Am t'an ij 4n 4i
do prer ..looli loo1! io"t
Am Car & Pd . n8i (inii 07fti
Am Cot oil prpf. mi lol tin
Am tJxprtro 12a' I28ift t28',f.
Am Hide K U .11 H I
do prtf II i (iiiVi 7li
Am Ice . . 20I4 2!iii 2ai
Am Llnvrd 1 11 'a l II)
do prrf .ts'vf, AI Vfr "fN
Am lico . . 7!) 70 71i
Am SmcttlttR mitt loo mPi
do pref . . lift' llo Itrt'i.
do prof A 100 !)(. loo
do pref 11 HON, 11.1 'Ji OB'S.
Am RitRai- 112V1 ill's IHV4
ir prrf 121114 isoli l2i)Vii
Am Rleel Fdv (12 5!)Vi 8ti'4
Am TVl ft TpI 130 124?!. l2.-.
Am Tolianrrj StuKi IU 218'i
(lo prof . .. Hid 14 lo'i's H)9'6
Am Woolen 17 KI-. 415'S,
Am Writ Pap prrf 17 In Irt
Am fclnc - 30'i 38 3H-V
Anacnmlii Cop Kl. H2(. 8.1
Aiko nil . . ?n, 75 78
AlchlHoti . lii.tn, toil', lol,
do prer . tin if, no no
At nirm & A . 1 IV, 14' 1 it -
At (1 & W I 121 4 1101, lltidfc
do pref . G. 0H(, tll'i.
ItHlrt l.fco ftim, 55 U 50 V4
Bait & ollln Hi-i, H'J'A Hi
netll Slccl till l5 4!ll
Brook Tap Trnn 811, 8in, 8I"(.
Ourim Bros o:t ii2U uiU
Btlttp ft Kuperlm . Itll, 4HV4 III
California I'M 28Vi, 2, 27",
(In prer . . (II .'.:', ClJ,
cntindlan Paclllr m lai rt -S
(Vntliil l.rntllrr III 88 'l
do prof 1151, 115 1151,
Chen & Ohio fll'n H l "i
Chic (drat W I3'4 I3V4 IHV4
(In prpf A .toll ' 3!M,
Chic Mil ft St P . 01 Utl'fr DOVs
Chic ft N W 133 Vs 123 I23V4
font Inn 57 riilVi 5V40
Col (his nnd Hire Kl' It 40
Chi II 1 and P t 1 :tl",, 3('!1 5H,
Chile Copper . . 2fi'!i 'M-'1 "I'U
Clilno Cnpppr . 5.5 VS .M',4 54 Vi
Col Fuel and Iron 47 U "'! '
Comput Tab . . 4514 1514 15V4
Consol (law . .1320, IS2 182
Corn Products .. 2IV4 23Vi 23'4
do iref 103 lo-". lo.l
Crucible Steel . .. 5!fc (13 OIVl
Cuban Canp Sue. . 50 1! III V4
do prpf II I Vi 01 0 Vi
Den ft Ilio (li .. 10 10 IC
do pfd . .. 30V4 :"4 8Va
Distillers Sei-ur . 28Vi 27 27
i:rle .... '. - 3i-T., :i-"h 32aK
do 1st pfd .. . 17 17'., 17'4
(Jen ("hem . . 31!) 24!) sill
(Jen Kleitrle . . I mi loo Ifl!)
(Jen Motor . . . 127 131 121
do pfd .... I) i If. HI 1
Goodrich Co . . now 50 (.()
Or .Voith pref .1171', 117 117
Or Nor Ore ctrs. 5'H 35 S3 '4
llreen-Can Cop .. I.1V4 I5'4 5(!
llclme 0 W . Ilin Ilio II")
III Central .. .. ms'.i lo"r, lo51i
Inspiration Con r.si, nVa 57',
Bit Aur Coin . 10 I01i I0V4
1I0 pref 42 40 12
Int Hnrv Corp 80 85 85
Inteibnro Con ... 15 15 15
do pfd "!T 08 no'.,
Intend Paper I8V4 "1'S. '.
do pfd K)3Th 1D3W n.iK
Int Nickel I2T 12 12 V4
Int Mcr Mar MIV4 33 33
do ptd 03 Vi 87-i 8!l'4
Jewel Tea ..-.. 7(1 7(1 70
KIliBS Co i:iec ...131 11!) Ill)
do rts . . . 3 3A 3
Kan City So . . 3 Hi 3114 2 1 '4
do pfd . 58 58 38
Kcnnecott Coppei 11114. 4 I a', i5Vi
Uieknuanna Steel 85 84 U 85
liclcdo (las . .. 103 103 10't
Lit l.'rle ft West pf 18 4 8 18
Lee Ituhber ... . 3.1 Va 33 Vi 33 Vh
LehlKh Valle) .. 77-!, 77 77-
Long Island ... IS K'14 1 1
Louis ft Nash . ..I.10V1 lVi I301i
Mackuy Co . . . 87T, 87'J.i 87-14
Mawvcll Motors 00 Ji 57 3R
do 1st pref 7!1, 73 73
do 2d pref . . 3'Hi. 3 3')
May Dept Store Bl 05 115
Mex Petrol 104 Ji loili loiVi
Miami Coppei . IITh 40T 4114
M St P & S K M..I10 nc 110
Mo l'ac vv I .. .. 33 32 V4 33
do t c t 1" 1"
Mo Kan ft Tex . . 0 0
Moirt Power ... .101 Vi 103 1(13 li
Natl Cloak ft Suit 81 81 81
Xntl Kiinmel - . 3114 3U 31 Vi
Nat Lead .. .. 0114 o i-O'li
Nevada C01. .. 34 7. 21 21
N Y Air Brake.. 153 IS 1 14 I3IV4
N Y Central IIUTb H'l Mil J',
do llKlltS 'd l Ifl
N Y N JI ft II . . 48 47 17
N v State llys ..21 21 21
Norfolk ft West .ISOJi 135 I S3
North Pacific ...1(8, 10814 MI814
Owens Bot Mach. ODTi 00 OUT.
Ohio Cities Ga ..1I4V4 108 ill
Pacific Mall .... 25')i 3314 35 li
Pacific Tel ft Tel 33 33 3 J
Pero Marfl vv 1.. 33 3J 33
do pref w I .. 73!Ji 73V4 3V4
Ponna It U 5rtW I"'"
Phila Co 4IVf. II II
Pitts Coal t c 5014 4714 l8Vi
do pref . ..hot. lion llou
Pressed Steel Car 70 78 7!)li
Pullman Co inn1', Ifl.TU mm,',
Ilvvy Steel Spring 51 51) 51
do pref 101 Mil 101
Net
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New York Bond Sales J
i IJI I 1 I L . I 1 II L i 1 III I
llleh
I40OO Adnm Lxnreftn 4a m i
Iwiki aihs ilio iv na s.r II M
l.itii.0 Atmr Aer ln. . lint
N40.ni AntNo-i-ruir.i 5i im
a,w! Amvt tvr ec 08 . Uli
2..UU.I .tu.tr in ill Is . lrja
(it'.ill till tunv lift 1014
lUjiilM uti ,tri . . IUI j
O'Mi Ahivf u ua inn 4,
i'i Aim Amur ii
aiouo Atmeur -o 4lis. .. 1144
Isixm An,ajn sin 4 . .n
hoiiuvi a 1 iritis tat 4" i... 4
unit) int (a unto (lt. . I1.11
d.m.1 ti in . 1...
I.....M m 11 l.v
jftulnl uu e 4fa8 .. . Iw a
(nni Ili-ouit. l1,ir oa o.
i.nl iiuhi Icrm iU(t as In)
Bawd 1 a, 1 It,... ,,a itii. ..tin.
piiixt uu ,ni nun . WN
1.. iuO uw h taoi . UDia
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v.i.l rut 1. am iai t man
IlitHIll I inn Ki)irr is ... Ii..4
aiutnl . ,14a r Uititj I. 41 . M. 4
.nnat uu 441 , I..
imaai 00 run .is nit
ii.ihI (m .wtt .lis ho
4iooo 1 in 11 a j Jimit 4a Im'4
1.1 l Ul) (I'll 4. .. . I." ill
nrl I'm t I '! M
lljinn. uu illv 4 . , 1i4"t
MnM uu ion its . . . I1"
"ill Uu 41 IIIS.l.. t"4
lianni uu n tg. . I "a
iim uu cn 4' hhS
imiihi Chi It 1 A I' rid 4a 1 lit
6DIHI Uu fti onr ata . 73"
4UOU Chimsp rila .11 .?la
L'inlti (.'lev Mi. i.me 4'na Iii3t
8iasl l nl Hwy it ... 0C4
3ii ( ll nl Tana 3a Hft'a
1.ii 1 nn (laa Minv 11a W
HHHi I'uml.i-riHnil Til ua naiH
i'l'i.". Hi 1 & I luil rid la I'H'i
i'taHni Ian tlln dr 4a MS
.'.IMMI .to fta . M'
1 11111 in thirnli 'I uiiiii I I'x" ti.1
'.'181(1 l. troit rniinl l'is 8..
I liasi itrii- innv 4a arr A im
Inoo Urnnl.v M H ft It na KIT'
Kllili Hud & Man In A -'i
I lino lu rfil ,".a . !4
unto til KI.. I l--l l'aa m
Milill Indiana nti.l 5a . In:'4
i'lino HI i.i.iral la IliM . !"
8H18111 li.trrli It r r. r r.a HlK
ill 0 Intir Vlfr .Mur Ha 0'"'1
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5HIHI k I' KI M (la .1ll"
lllllll Klluta C11 IJIpv 4a at a Ml
jun.i IjuUm kimI As lli.M) UU
8inm la-li Val ..r N V 4'ia.lll.'
Iiiibi I. mm lalnml rfd 4a ao'a
ltlimi liuia A Naan 4a l'.-
lliiHio Ml. h Cmt it 4a . . IU "i
tiiiNi Allnn ft Si I. 4 . .i
Jll.lll ill. Aa . HI
IiHioo Minn 91 I'llS M la tnt-a
ainni M,i Kan T tat 4 774
'jnim Montjal Trnw Aa lnl'4
jiam 11 u i I' Aa i
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LTilllHI ill. Ila .10 1 "4
l.lHl.l AtiitttRtm I'owir Aa lll'iHi
fiooo N V Ci.nn I'a Ul"
lAiinn N V i'-Ji C urn :t'a M'"a
liH.IMJ N V ( II it.n la JIN
1 111(111 .In Ila . 11-Ji
I2011U rtn IVaa I '-"it
inoo N V l'ht & HI I. lat la HI,
i.(kio N V i' IVja Mn '57 im'n
IlllHi 1I1. la Nov 1UA7 tl"1.
Uiiiii " I imk la . 1
AOIIll , V Una II A I Aa lu.i'a
21.1100 NY Nil II I." I'.'"
Jlalll N V 1lw r. f la . id
AI0i.ll .li. 111IJ ia IOVi
1,01111 N V Tal K.'n 1'ia tl'O'l
H8MHI Nnrt t. sl la H7
2:t)O0 Nor I'm- prlur la I"!1!
1000 Uu ei'ii 3a (.1)
111110 (iiv Klmrt I. rf la . HI'S
M..UI iln lat Ila tll.Ja
I.0UO Ora f. VV It A N 4a Kiji
11.1100 I'arllli (laa Aa B.l
Iiiiiii i'omia la 104s IiiiiJh
I11110 Uu i,-in it Its toiVi
Iiiiki I'lnnn Cj li'-'l lu-"i
I111.0 I'hlln I'ii mn Aa . HI
1:000 Public Sitv N .1 r.a.. '-'
Union r.re Mnniurtti' 5b . '.'I'd
1 11.110 ItrmlliiB cm la '"J,
HHHI K fllffl CIT .ia ..'.ii ..-;3
,iiu bt 1. 1 ji ft k (ur la ;.v
!. HHHi HI I, X. t 1' 11JII or
12I.IKI Uo In ,.a
lll.Ai.ll .to la Sir V
L Uiiiii iln Aa Mi r II
'JTtn.il St Li.ula S'Mi lat la
1HH10 1I.1 tun la ..
300(1 fnutll 1I.-II Aa
'Jinili. buiitli Pa. 1 v la
40110 Un rW la
10AIMI Smith I'ai v Aa
.V.lillil South IImv u-.'n 4a
14IHKI 1I0 iuii Aa
'J0i.ll Tnxua Co 1 v Oa
201111 Tlilnl Avn mil Aa
40011 lol St 1.X VV la
1,01111 L'n I'll. I t'.ua 0a.
lllllll V S S t It a
JOIill U S ltiull Aa
21.01111 P S Itut.lar l.a
liillliil IT S Steel a r Aa.
1 lllllll I I'nlnn llnu . 1 Aa atu
'JIiioii Union l'ac lat Ib.
U2IIIIU Uo cv 4a
.-nun Uu rfil la
Minn l'n flia H 1 li
r.iioon L' K. of O 11 ft I Aa
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30 3H
neadiiiff 103 100 loo".-
Itepuhllc Ir & St 80 78li 70
Uo pref 105 105 105
Shat copper 377i sm); 371ft
Scalioanl A 1 10 10 10
Bears Iloehtick . -338J4 33114 301i
KIosb Sheffield . . nu no 00
So P Sugar... 178 178 178
South Pao 0714 07J4 7V4
South Hwy 3IJ4 (J4 31
do pref 6 8 J4 08 14
Stand Milling - -loo 100 too
St I. ft S Fran . 33V4 S3V4 3314
h'l 1. & Sown pref 3 1 14 fil4 51 W
SludehaKer IM) 107 108
Tenn Cop & Ciiem. 13 ISJi 13li
Texas Co 331 J4 337 33014
Tex Pao R U 1714 1714 1714
Toharco Prod 37 S3 Ji S(l
do pref loon 100J4 looji
Cn I7rtiB 3d pref. 73Ji 73',ft 73'.ft
Cn Hag & Paper. II II II
do pref 113 10(1 no
Unit Cigar Mfu . 17 17 17
I'nlt Cluar Stores.ioiii 101 101 j4
fulled I'rult .. .134 ism I339i
Union Pacific . Ill"), 143 144
USt'l P i P - 33', SUi 3HI
V S Cndi Alcohol. 137 Ji 133J4 13514
C S Itealty ... 13 1 1 14 14 J4
l'n P.wy Inv .... I0V 0 lOli
do pref .... 33 Ji 31 33
U S llubber ... 00J4 3UVi 00
do l.t pief . Ill 111 HI
I' S Smeltere Bl 63J4 3Vi
V S Steel - ... UU. 1 1 3 li. US'),
do pref 13i(Ji 130 I30J4
Utah Copper .. 108 101 106
Utah Sec . J Hi S3J4 33 14
Va CI Ir S. Coke. 39 07 87
Waha.il ... . 13 11 13 la
do pref A .... 81V, S3, 81 Ji
do pref H 39 3 39
WelU Fargo . .. I05V4 103 10 14
Western I'nloii -- 99Ji 9Ji 99J4
Weetlngh Klec . . 33 S3 83Ji
do right 14 J4 14
Wefct MurytanU .. 37J4 SV4 3 J
Wheel & L B 31i 31J4 l4
do Ut pref 31 31 81
White Motor 51 31 81
Wlllyi overland 3 3Vi S
Wuona.n 1 ent 33 81 8IV4
Wool"H 131 lt 14H
V?oit'i lump pf B 5tj 374, 87
WiUun 'o Ol. ! !
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Minn UVat KI. c Aa . n'rra
1IKIIMI Vat JIU lat 4a . ...J,
innn VVVat Shor-' ri-c la . 11.IJ4
r.ii.io VWat Shorf la l'3Ia
SOOil W.at I'nlun 4,a lisS
.'HHHI do Aa . I'M
soon Whi" line f. I. I! 4a S'J
lliOIIO VV'laron t'cnl ten la as1.
GOMI'ERS'S HKLI' MAY STUIKK
Stenographers Consider Walkout When
$.' tt Day Wtigo Is Uefused
WASHINGTON. Ja'i 22 Stenngraphera
in tho hendquarters. of the American Fed
eration of Iahor here, who work for Presi
dent Oompern are threateiilnB a walkout.
Their demand fur a minimum vvago of S3 n
day has been refuacd, although Gompors
and the federation are lined up behind the
bill now In Congress to tiay Government
laborers such a wage
Tho typists and darks who work for tho
federation belniiK to the Klenographore,
Typewriters, Bookkeepers and Assistants'
I'nlon, The union Is to meet aliortly to de
cide whether or not a strike vote shall ha
taken, according to .Miss Margaret Stewart,
ila secretary.
S2100 Paid for Field Manuscript
CHICAGO, Jan S2 It wns announced
nt the clote of tho Allied flazaar here,
that tho manuscript of I'ugene Field's poem.
"Little Uoy Illiie," brought $3400 It went
to John McCoimack. the singer.
WINTI'K ltl"OUT'
ATl-AMiC tlU. N. J
)i0sirMS
Atlantic arr.
. r of tlvcYcar.
orcxcelleivcc.
CWayGOO mUIRJ.BVZ2ff.
TKt UAOUKTBESOaT HOTIiLOF THE WORLD
lariooroujfiknfeini
ATLANTIC CITY.N.J.
OWhtttSHIP NAaACEMENT.
JOBIAH WHITtLg. 3QXH COMPANV
WCalllllllaULl lol to ,( jrn Latha. ruu'u
water 18 ui l,y 13 up daily Clias lluhra.
OI.I1 I'OIVT fOJIFOKT. VA.
HOTEL CHAMBERUM
OLO POINT COMFORT
Swimming J'ool. Golf, Sea
fotxtTuLMtiff llvtn turopean
LUtb ui treatment Writ
CIO. r. ADAMS. Udigir
A Ic Mr l'uiitf iv tit l!hestniit fillet 12th f tl.. In
Lktr t'ouka' 'lifurv 1J7 ti ilroad St.; th
Penn. H. It. Co . l&tt CbeHtnut St., and ledsr
Cfciural
V
EDUCATIONAL
I.euro
LANGUAGES
XT THE
Berlitz School
1611 CHESTNUT STREKT
tOvcr Itlker IIesman' J'tiarmuil
Bu I'm BerUU Method luJul4 learn not onlu f
rtai and uirllr. but especially la umlcrttanJ
ami to tpcalc tne foreign laiieuaaf.
TRIAL LESSON FREE
Trm mil be txirua at any ttm.
"commercial education
TbU dprtmnt U la -Un. day aa4 v
Dlas ibrouvtiout tb eatlr yar. Th ijutruc
Uua U lnJilJuAl Our PUctment Bureau"
iacurw food pojitlon for U grdu-i.tM. Nw
loui-vm a- Utn curtail now Writ tor full
Information
TEMPLE UNIVERSITY
Uread anJ MJi ktrccl
STRMVI- O'fi 'lu "" Uu.lHa.. tM.Aoul
1 1W Sth 4 ObtBut StreoU.
4e&tuo4 4Tu4.iflL4i:a feaur uoif X) x aUlit.
MESSAGE TO SENATE
STRENGTHENS WHEAT
President's Address Causes Buy
ing on Active Scale and Allays
Nervousness of Traders
H !'Tlli:it CONDITION
MAV 10HU. Jnn. . Aililrr rK-fltfil
al llir Mritlirr lliirrnu tlil mnmlnir Indl
cnlci! tin' liillnulnc wrntlirr ronilltlnnti
TnuirralntT4
llleh IO.T
I'anailljn Norllinr'f rlmr 2i
.Nnrlhwrit irnn JJI
Mldilli. Iln.1 rlmr J II !
.iilillirt l-pn ''3 li
I imrr 1II. mlle ncnn M ;?
Iinfr Ml. liilllfj nrnii -ll l
Ollln VhIIm M-in 3K HI
llrloiv Tern.
Thp rnllnwlnc nrrrlpll'illnn tin Inthfjl
vi rrimrlnl: .01 nl UpvII'i l;nl.fi .(,
nlrnllnft nl. Illmnrrl.t .OS. Mnnrrliriiill
.It. Mllr. I IH i (HI. 1 1rlr f llri .IS.
illvrniKirli .IK. hlritiroi 1(1. Iliililllil .2X.
I'orl Mnrnei .?. iJiiilMllIri ... lei"!"!
,:IK, ( Irlrliiml uml Minll-onl .".. l. I'.iiui
,H(I. Ifliilvlllfi .HI. nllinilni'il I fll. I'llli
liiimlii 1. 8(1, I'urkrrsliiirK.
ClIlCAdd Jan 22 ''resident Wllnoli r
nihlrexa to the Senate turnrd a hoav wheat
market into n utrone olio toilay It Imlurod
huylm? on uulte nn active icale and nllayrd
ncrvounnciis prev lotislv created nlioiit the
foreign relations of Hip I'nlted Stolen
The low on May wnn $1 KSTfc. Hi" lilRH
ttn' nml the clonlncr $1 S?HM.S6li
iiBalnM tl 8C1' at the end Ralnrdny The
linitnm on Jul nn SI fin',, the lop ft til
and the endlntJ $I.S19ji 1 BSU. mmparril
ullli $1.61 ", Katurilny'K nnal qunlatlnn.
ScpHmthr-r wild off to $1 .13 S and up In
JI at. llnlPliinu nt JI 3G'-u I sn com
pared with $1 X44. Saturday' laul prUi
The nnnniimTiiipnt that the I'renlilcnt
vvnulil talk to the rtpnatp caiifpd a (,'ood
drill of scllliiR oi u lime, anil many ntop
order were cauBht n the way down In
the Initial irmllnc phoil covcrlnK wim nultp
pxteiiilxp and Hip innreht was tinner, with
inminliwlon hounpn on Hip hu.vliiK nltlo
Thp vIhIIiIp suppl.v In thn Culled Slates
lU'cri'iiii'd I.OTS.HOn IiiikIipI for the week
to r.l S2R.n00 liuslipld Thin falllnp off, to
BPlhcr with la I up cIparanccR from the
Ki'iilinard. nlmi helped the market I'arm
rpnprvp In thp tlurp northwriiteni StntP
ti nil Montana vvcrp putlmalcil nt only Ifi.
nno.ani) IiukIipI" iibiiiiwi sn.r.mi.oot) tnmiiPiH
on March I last year and SB.noo.noo l.uih
pIh on March 1, 1 01 ti Stocks In country
cli'vatoiB wcro binallci' than they vvcrp a
jciir iiro,
1.1'n.lltu; fnlur.-s mriKr.l ns rnllowi.
Wlipal St rts s
dpon lllBli l.nn. (Mow 1 1. ;
Via . I H7'k 1 NT'i I K:l' 1 hT 1
Jul l (.- i r.i i r.ii'i i ...? i MS
K...l 1 3li 137 I 3.1S I 3 tl 31
1'i.rii (non ili-llvpr) -
1I . I ul? 101". Il" l l)IJ I nu
.lull iiii I mi in ''
m' " r.sn, r. r.7 r.j, r.ju
Jul . r.r.'a :.ii ,.r. .:. rm
.luiVr."'"!,. v7 l.'.ii. ir. S7 tr. im tin no
Vlil 1l'..L'7 II! 311 1115(1 t(IS 1H3J
Jill? 111 IB 111 IS IDS:, till HI 1(147
Itllis
Jan II l.t MS 20
Mi. is ,mi ir. r,o isnr. tr. n tin w
I'ork . . .-
Jmii tn0 37 3(1 10 30 37 .11140 ian.r.7
l.! ill UU nn 2 211 12 2!) Sll 2!l 32
Jul 2" II.". 2S 1.7 21 V7 ISSti'J
III. I. tAtkoil t.S'olnlnat
Condilinu of United Slates Treasury
WASltlN'UTON. .Inn. 22 TIip condition
of Hip I'lVtrd States Treasury, accordltiK to
n statement Is-uied today, was aa follows:
Net linltinco In Keneral fund, J94.382.I19 :
total receipts. $37,185,423; total dlshurso
inents. $r.7.l'.5".IXl . deilcit for the car.
J540.7rfi.()3S. psclusiv'p of Hip Paiunia
Canal and pulillc deht trnnsactloiis
PHILADELPHIA MARKETS
GRAIN AM) FLOUR
UIIIIAT Iti-rrlpls 1.1s 4o tninh Thi mar
kit ipnr,l Ir lnwr l.ut afterar1 riovirfn
uinicr atronrr wi.rn ailrli- anil tlowl nrni
UuoUlloni., Car lnt. in iport rlmlor-N'o J
rl pot II tiiift I ml No 2 southern r".l II "1
W1 07. uti-Hmi'r Nn 2 rH 11 Milt I ".' No 3
Mct II li.'ffl ti... rpjM-tM A JI.SRfflOl. rp
Jpru-il li. II Klflrl H7 . . ,
COHN llict mis. I I.Wt liuh Trailo n
nillcl with 111 llr itinns" In prlrn Quotation"
( ar Iota for Imn! trn.l 119 lo loratlon-No 2
p1Io tl IS'4 HI I.14 No pI1ow. tl It"
1 12i . No 4 llow It tltli KM KlH No. ft
SfUnw tt 074 DTI (i'4: aouthun jellnw tl oh
f I H'l
OATH tlriPlpls (11 Hit liuh t'rlpoa warp
initll nialtitnlnMl Mil ira,1c m oulu 'luo
Intlotia No J nlilto i.Vj CWli aiandanl w-hltr,
1114 IIV No 3 wlillp ll.l1 ffl4i No 4 whlti
A."ifrhmi untni.lo r.nt, MH tfliOHc . ..
KI.(H-n IIP. elpts 2.'.sn bblf nnrt Hit (170 lh
In Mrks Ihf matkrt m rtull and wik in
4ml.nlh with Ihi ilnrllnn In yihrnl Salfs "
ililrllr nf fciniiil-lialiil atorka nt r-onrp44tona
liuolallon irr Hid lb? In wood Winter rlpar
I7 7MIN rtn lr4lsh' ss.-,o ito patrnl ts Till
. 7.. Kanaaa i l"nr rollon farkn. 11 4n1
a or. ilo !.lriiiBhl .niton saika. tllinww 13 ilo
pati-nt mtton farka I'Uf.W'Mn uprlnr flrt
clrnr tir.OWl', ilo patfnt to KIWPW'. fn
vorllo hratirt" IH 77.4ln 23 rltv nillH rliol. c
nnrt fnnrj nat'ni. In ilf K) 2S. rlly nulla rouu
Inr srndi-i V'ln(r. ilrnr t7 7r.rs do. atralclii
tslra.r.ii .lo riirni ti MUtf i 7." . ,.
Itn ruil'll was o.ut nnd unrhnnaPd Wr
qunlp 17 ioV 7 73 ppr bbl na to nuallti
I'UOVISIONS
The markat ru.pil firm wtlli a fair toblilns
rtamaml The quotation follow I'lly l.pof.
In sjla mnkoi1 nn.l alr-rtrlPd, 3lr. waitarn t"f.
In al amoki-ci Sir elt barf knucklra and
tanrtars amoka.l nn.l alr-drlart S.'.c. wdlirn
btar. knurklaa ntld tamlara amnkad 3 .P. baaf
hams. I2SW3II, purk. fnmll I313.tr.0. hnma,
S I' piirad, tona lOVlPHc. do aklnnad lona.
18Hltip do do amnkad, lll'i 02iip. olhar
liama amokpd rlt rurpd na to brand and
nvarana. 20ic. hnma amnkad waaiarn cured,
20Hr boltaif tmnal. 4 30c. plrnic ahouldefa,
y P curad looaa I4'4i do, atnokad ITia,
liaHlaa In rlrkla iipror.llni: In narncp loose,
lap breakfaa! I.apon. aa to brand nnd uvernae,
rHy rurpd, 2tr brpakfaxl bacon, wpelarn rured,
2tr. lard, w-ratprn reflnrd tc 17p do. do.
do. tuba 17e, Inrd pure city, kelllo ren
dered. In tlarraa, 17c, Inrd. puru tlty. kettle
rehderid In tuba t7c
IlKKINKI) SUCAHS
Thi mirKft wn plr,nil with elrmnml tnr
riMlnern lift. prl p lUtra flnr irrnnulati!!
tri rondrrrt ft h'r, t onlVctlrmer.' A. t 03
ofi crncl, n ftiZfft Mir
DAIRY PRODUCTS
IU TTMII Pmii Plm U wni prcUy well
rlcaned up nt oulld ratrn. hut much of the
nurplv wan of th utiiler crailf whtrh wrr
dilit nml wnnk Th quotntlnn- tfrn,
frrnh noMtl iiark-! rrninry fnnry special.
4LV. pttrn" 4ntfr rxtrn fln-tn nSialMt-jc
frulK aftfi'iir tternndri aiff3.r nrnrby
pripli. fanr 13c iiprns rxtrn 11 V t-r,
nthtn 37V 3V- ntpnm1i. 314 St.Vr pff lal
fnnr tiraniH of prints jobbtns nt Attit Iflt
ladrJ.S Kiippltr of frcih pRn wn- mnrr llh
rrnl nnd th mirki't ilprtineil SI I7tr 1 '( tpr
rnftf tindpp n Hunt rlrrnntiri Quotation Nnrtiy
rtritM -tlr ppr 'Ins npiirb 1Tln $M."n ppr
rap, nrnrlix rurn nl r((tlpl JI1 IllWH rt!
pr caup pslrrn rxtrna, 41p tr rio? , do ex
tra firm $tl 7 pt mnp ilo flritn $11 40
ppr end?, fnnrv uplprtpd inndlcd frmh rt;R wrw
jolihlnK .it 4St?f,".1c ppr do7fn
(l!i;KSi; rin. lipid utorii wan Mpadlly hld
undpr llsht off. rUiKS but trade- aiih nulrt I'ol
lowlnt; nrp thp quotation. Nw 'tork. full
rtPRin. fanr, held, MU 2"Hr. per1als
hlKhrr. do do. fair to Rood, hdd. 'J41 SflM c.
do, part skims, 139l'1c.
POULTRY
?
I.tV'll The markel puled firm under tlaht tiK
ferlnaa and a fair demand. . Following are (ha
nuotallnji: fowla, aa lo qualltr, lfl(2Ic, rooal
ara K0ir,p aprlnic chickens, acrordlnc to qnal
lt ll)lr21p Wblta tinhorn, arrordlnc to nual
Ity 17V2(ie dorks, aa to alta and finality, lift
2()p turkeia 22W2lr. iteeae 18021c, plceona
old per pair. 28B30ci tlo younr. per pair.
20t23p
IHtKHillli I)a4irnb,p atoek was well cleaned
up and firm . The quntatlona wpre as follows
I rraii-kllled dr parked fowls, 12 lo box, drr
plrked f.inay aaieptad 24c. wtlthtnr iH
lbs nplepp 23'p. welshlnir 4 lbs. apiece, 2lo,
wplshlrv: 3'4 lbs nplece, 2122c, welthlnn
3 lbs aplare, 10t2nc, fowls. In bbls , fancy,
dry-plrked welalilnc 'm (fft lbs. anil orer
aplere. 2Jp welshlnir 4 lbs anlee, 2Sa,
smaller sizes 1720e, old roosters, drr
plekad lie rosatlnc rhlrkens western, dry
plekad In boies elthlna- Btfio lbs. oar
pnlr 2..U25p roasting- chickens, western, lrr
plrked. In boies. welchlnc K lbs per psXr.
24W2.V. rnnstlns chlekens waaiarn. In tones,
tielshlnK 7 lbs par pair. 2J023P, roislln
rhlekens western, dry.paeked. In bbls., wilih.
Inc 8 to 10 lbs per pair. 21c. roastlnu chicken,
western In bbls uelshlnn 7 lbs per pair,
2U021p brnlllns chickens, vreslarn. In botrs.
welshlnir 3fl lbs per pair 24ffl2.1c. chickens,
welahlnir rijd lbs par pair. lDOaoc; do. mlH
slurs mcioc broilers. Jersey fancy. 32W
3rr broilers nlbar neariij welahlnir m cti
lbs splere 309.12r turkeys, per Ib Fancy
nearb 31ri2p fancy western 31032c fair
to snort -I)f30e old torn. 2s 029c, commen.
24027c. ducks, nearby 22$r2.1p, do, wesparn, 30
lf22c, sease. nenrby 17010c, do, western.
ir.Wlfce squabs per dnjen White, welshlnf
II to 12 lis per doren IHOB 25. while, wetsh.
Inc 0 to 10 lbs per doten. !f.,2.'.r..8.V whits,
wrlshlns; s lbs par rtoien. 14 Ml 10j do,
welKhlnit 7 lbs par doren t3,f.0O3 Ml do,
aiai.lim 09n"M lbs par dopn I2.71W3. dark,
12 rU03. small and No 2. 00c Oil. 23.
FRESH FRUITS
I'Pmatid wai onl mndprat but nriprs fn
prnlb ruld stpad na follows Apptftt per bbl.
ork Imprrlal 3V4 l!.-( ltn Dnvla, 3
3 T.0 Italdwln No I $3 7.'Vfi RO.do, umrradrdt
JIIW.I.MI fUppnlnjr No t I1A09AC0 do, tjn
rrndpd. I1V4 . Klnr. No 1. $4 ROOT., do.
titiKrfldPd $.1(4. Stnymnn N 1 J4 PBj do, un
prndPd, V2 nn'B.'.Mi Wlnfrnp, No ! $4 W0
ft do t.nitrndpd 12 -VOW 3 Ml. Apples. North
Aptprn por box. $1 TiOVU TiO T.pinon- pr box,
$'.' ."5f3 Ornnqpt" IMnrldn ppr rrntp IlrlBht,
SJaAVS". ruw'i ll!f 2 Ml Tanitprlnpf.. Flori
da ppr strap. $1' fiOV 3 ro Urupprrult Florida.
Imllan llUpr, ppr rraV t22Z$tZ IMnpapples,
Indian Hlpr pt rratp '2 '2H&.'2Tt f'ranber
rips Capo Cod, ppr bbl ranry lata varptlts,
J." &t 7 llnrly lilntk l.ivn nu c'rnnbcrrlri
t'apt? Tod, ppr prntp, $2Vi! 40, do, Jersey dark.
Jpt trail. $1 TftVL'. do do, 1 1 it lit ppr crate,
I fid Slrawbrrrlra, Florida, ppr i,t . U503,jo.
VKRKTABLKS
Cholrp st o k sold falrlv anil alur-a Rpn
trnlly wit upII suVnlnpd na follows Whltw
fKitatops, ivr bush IVnnsvlvanla, eholr. $1.90
1T2 Npw Vork (holrp SI K'VI Htl Vhlt- po
tatnps Jcrspv ppr bnskpt $141 Ifi HTPPt no
tntops K(tTM Shorp ppr bbl No 1. $S0
3 iirt No L'. $t TiOffS SwppI potatops Delawar
and MarlHtid ppr hnmppr. II 234PI no Hneet
polatnPH Jprsp ppr tmskpt No 1, POcOIlt No,
'J 40fJ,r.0 Onions, ppr loo lb bap No. I,
$1 jr.tr. 3 7V No 2 f.l o04 ISO Cnbbaxe,
Danish Pr Ion. $jnor.n: do, southprn, nrr
hampor, IJCfS.Vi Hplnarh Norfolk, ppr bbl,
S2 Bfiffrft Kalp Norfolk prr bbl POcQII,
t'aullHowpr Norfolk, ppr rnitp $111 HO let.
lure, Klnrldn. ppr bankpt, $1 r02 BO. do. Vlr
KlulH. prr tiaskpt. $Itf1 An do. North Carnllna,
ppr haskPt $111 .0 Hpani Florida, per baa
kpt (Irtrn. $2l wax $213 no Iraplant,
HorltM, ppr lnx $2 2'ii3 ,'n IVppprs, Florida,
ppr box $2tf2 r0 Sriuash, Florida ppr box,
$1 "ftWL1 2.. IVns Florida ppr baskpt. $3W
0 MJ. Tomutoea. Florida, per crate. $1 COO 3,
NEW YORK COFFEE MARKET
NKW YORK, Jnn. 22. Tho m.irket for
enrfco futtircH oppncil totlny nt n tlpcllno
rnnelnu from .1 lo r. polnta this inorninK
TrndlnB nn the, call ns fairly nctlvc. Sales
licInK cstlmntcil nt 3000 liasn.
Janunrv ..
IVbruary .
.March
April .. .,
May
Juno
Jul
August
September
Octolier . .
November
December
Hid
Today's Sturday'a
opening. close
S 458 4ll
. .. . 8.4BSJR 40
. R.4.-.08 .'..'. S 52S 33
. ... 8.5308 50
. 8 548 30 S.SS8 50
.8.(15 8 11208 BJ
. 8.M)8r8 H2 8 R5JT8 08
. .. . s.nnws 70
. 8 I18W8 7n K 7IV8 7.1
. 8 7f.rB 77 8 7816 H 70
. H.RINfSS 83 8 83W8 84
. 8.84U8.8II S 87B'8.88
"VIGILANTES" MEET
Old Anti-Horse Thief Association
Elects Officers '
RHADIXa, l'n. Jnn 22 One of tho tevr
remalnlnfr orRn,nlzatlons of Its kind In east
ern Pennsylvania, the Concstoga Vigilant
Company, composed of farmers and horse
men for protection ngalnst horso thieves,
held Its annual meeting at Morgantown,
this county.
A. S Whllcomh was elected president
ad H. 12 Plank, secretary." Most of these
organizations against horso thieves have
passed out of existence.
Zinc Ore Up $10 a Ton
JOPI..IN'. Mo, Jan 22 Zinc oro has ad
vanced $10 n ton and Is now J85. The de
mand li btrong and purchases heavy.
u r
"T COSTS more to get a barrel of potatoes from the
corner grocery store to your home tlian it docs to
bring it five hundred miles from where it was grown
in the corner erocerv store. The bill for cartage that
is going on about us now is'a bill possibly equal to ten thou
sand million dollars a year," says Secretary Rcdfield.
The business of carrying goods is as old as the hills, but
cities with populations of millions, in a country of one
hundred million people have no precedent in history.
Cutting down the "bill for cartage" has in twenty years
developed the motor truck from an idea to a necessity. In
1917 it is estimated that there will be 60,000 more motor
trucks made and sold than in 1916.
These motor trucks arc being absorbed by every line of
business; the transportation of goods is the one thing
common to every industry.
The express companies have the delivery of goods as their
one problem the big express companies have fleets of hun
dreds of motor trucks, the smaller ones find their profits
growing when they install their first truck.
Department stores have become absolutely dependent on
motor trucks a delivery system less efficient would be
inadequate.
The coal dealer, and contractor prospers or fails as his
delivery costs compare with his competitors; and the motor
truck lias been the one effectual answer to his problem.
Manufacturers are buying trucks in tremendous quantities
to solve the thousand and one hauling problems within their
own plants.
Business, large and small, has acquired wide motor truck
knowledge based on experience.
But knowledge has brought a sense of motor truck values,
and today it is not a question of any motor truck.
The purchaser of a motor truck requires a machine that
vill do continuous, effective and economical work,
A motor truck is a piece of machinery, after all to keep,
going at maximum efficiency it requires attention,
Tjio responsible and successful motor 'truck manufacturer
assumes tlfe rcsnansibjlity of service. It pays a prospective
buyer to investigate the service facilities that are at' his
disposal.
THE AUTOCAR COMPANY
ARDMORE, PA.
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