wf 'fluvnwf ill1 'Wi" i --w ' !"TPa!9W,l" " 8(jfijNwrtw"'ig' "- -sMsmw WP!H!pswKJT: 1 I I H fJThfus f li tit Btamlara Oil autl4lary companlei will iftortly ttlfr laetuni (a ttelf Capitalltatlen, which will rlra aharehalilera atoek bontuea ranglnr from 60ft to 800JS. '' And there are atx mars of tta Standard, Oil which bars accumulated anffleltnt nr plaii la Juttify nearby dla. trlbutlon ef Irt dividends' to ataeknoldera. IJ Tha nlna totialdlariM In qieitlen, alenr with faneral Information cavatlng tha Standard Olta. ara Hated la anr fartnlrbtly publication "Investment Opportunities" IJ Anyena who la tnteratted la Increaalnr tha earning power of hla anrplaa fundi ihoold recutarly reoolTa thU ralnabl. publication. It will ba aeot without ehnrQt, bo rlntitnri with current lima, pan reaueat for S9-FL, in. cludlnc booklet detalticf "The Twenty Payment Plan" I lmvnra I fvl 1 bvvvimciMycuritk ttnlll.l,e,l tllllSI 40 Exchange- Pia.ce New Yor' vxaxiaa. Pjonn. Tnx Refunded '0 First Mortgage Bonds Earnings about six times amount required for interest charges. Listed on the New York Stock Exchange. Price 101 and accrued interest Bald tor dtsertvtive Circular t, lit A.B. Leach &Co. Investment Securities 115 South Fourth Street New York Uoiton Chicago London, Uxs. llurr.ilo Baltimore The American Gas Co. 6 Gold Bonds ' Yielding 6 The American Gas Co. is well known to many investors in Philadelphia. It operates gas and electric properties in 50 cities and towns in the East and Middle West, and a large part of the pas and electric husincss in the suburbs of Philadelphia. Gross earnings arc showing steady and ' pronounced in- ' creases. Applicable earnings Vfor year ended June 30. 1916, Were more than 4'2 times in terest charges on this issue. Circular on rcqucsl. Wi!IiamP.BonbriSht&Co.,Inc. UORRIS WISTAR STROUD, Jr. llanxgrr 437 Chestnut St., Philadelphia New Tor!: llostoa Detroit London 1'nrla William P. Bonbrlsht A Co. nonbrlsht A C-, City of Philadelphia Interchangeable 4 Bonds Tax Exempt in Pennsylvania Legal investment for sav ings bank and trust funds in New York, Massachu setts, Connecticut and other States. Eligible to secure Postal Savings Deposits at 90 of their par value. Price to yield 3.80 Full particulars sent upon re quest for Circular PR 87 The National City Company 1421 Chestnut St., Philadelphia New York Chicago San Francisco Bpston Fitt.burgh Southern Indiana 1st 4s 1951 Georgia Ry. & Power 5s 1934 New Orleans Ter. 1st 4s 1953 Edmonton (Canada) 6s 1921 Edmonton (Canada) 5s 1934 Circular) and Price on application Morris Brothers Co. (Established 1803) 1421 Chestnut Street DIKKCTUBY OP ACCOUNTANTS Certified Public. Accountant IWRKNCE B. BROWN k CO. 43 WIIXIAM E. MONTEMUS as chestnut St. liUttNH SPUAKUAr. TUB IIOURSB DIVIDENDS l office WIMjIAU I. bONUiClCUIT & COMPANY. I.NC. AMWJICAN CTIUTIEtf COMPANY A, uuart.rjy dlvidand (No. StU of One ami Hutf-ui-irUr. per cut (134) on the Pretured fHptt. at 80 p.' in. on Januajy t. lltlX a o aua.asin, ewnurr- 13. imo. l'Ude'p!.-!. PHvmbH Embargo on Grand Trunk UQNTRKAL. J. 2S.-Owin to cooetM- titui at titantii and aisvere weaLbtr tie Trunk iUllwuy tum puaca axi u- . K stumim Mwiifet. WurtupplieH. EVENING LEDGER-PniLABELPIITA; FRIDAY, JANUARY 20, 1017 -4 FINANCIAL NEWS NORFOLK AND WESTERN'S GROSS INCREASES, WHILE NET DECLINES Return From Freight Movement Smaller In December. Bid ofy103 Made for New Phila. Electric Bonds. Lake Superior 5 Per Cent Incomes Advance The Norfolk and WRtern Itnllwny tmlity Issued lis en.rnlnK' statement for Heeembrr nml l.v mnnlha of the naeal year. WIHIp tho gross earnings showed n ftaln for tlto tnotilh, thero wan a. fallliiK off In net. this ileerenso In net was cali'td by an Inrreaso In operating exiicnses. Fielglit movement over the toad was not na largo In the month us in iwtiiitier of 191 6. Iho return from this source being $3.9tl.G90, ft decline of $32,219. Gross earnings from operation reached a total of tl,709,B92, ft Kitlli of J84.I49. while the net amounted lo $1,951. 498. a tlecreaso of $89,728. l'or tho six months the gross operating rovennes totaled J.in.307.921, an Increase of $2,148,395. The net was $13,01B,?4S, a gain of $8t8,00P. While there were no actual transactions In the outside market today, so far as could be l.wncd, In the Interim receipts Tor tho new .1 per cent 50-year Hist mortgage bonds of the Philadelphia Klectrlc fonipany, it was reported that a bid of 103 had been made. Notices of the allotments to various houses which applied to tho under writing syndicate for then Were received bv xnrloiis bond houses today. The total r,f the present issue Is $15,000,000 of tin authorized Issue of $35,000,000. The com pany cave notice Hint It bad withdrawn the plan for the retirement of 1-Mlson Klee trlct 5 per cent stock crrtlflcnes. Philadel phia Mleclrlo 5 per cent gold trust crtin cates and Philadelphia lileclrlc I per cent gold trust certificates. The company will, however, pay tho cash price In accord ance with the terms of tho plan With the floating of the bonds under wnv. the street has turned Its ateentlon to ...-,. -- ...... i the stock. It was understood touny inai announcement of tho plan for the exchange, tit "o. of the stock of the Pennsylvania r'ompany for that the New Jersey Company would be ntihouttccd within the next two Weeks. The basin for Iho c'liatige, wll be share for share, the par value of tho stocks of companies being $2G. There was a continuation of light Iradlm with narrow price movements on the Phila delphia Stock Kxchango today. While tho bulk of tho transactions, n far an local Isaues went, took place in Philadelphia ltapld Ti-nnsll trust certificates, the change In the prace vns small. At the start there was n email loss, but thin was recovered later in tho day. Tho feeling In the Street Is nulte gonornl that no definite movement will take placo In P. It, T. until thcro Is something definite with regard to the new transit plan. Tho Impression continues that the plan will go through, and that it will be favorably to the company. Whllo slock of the Lake Superior Cor poration was not active and the prlco wns down a little, the company's 5 per cent In come bonds sold up 3 points to 54, a new high mnik of the year. There Is a comtld erable amount of these bonds In llio hands of foreign holders, nml tho Htroet heird today that Ihore Is some plan on fool look ing to the taking over of the bonds which are In the bunds of foreigners. The prlco at which this would bo accomplished was not mentioned, but It wns said that It would probably be higher than tho prevail ing market price. These bonds wore the most active In tho bond division. leneral Asphalt common made Its first appearance of the year, coming out on the tape at n loss of 1 '. points, while tho com pany's preferred ptock lost 2 pointB on the sale of ono share, this loss being brought about after tho price had been unchanged CANADIAN ESTIMATE SENDS WHEAT DOWN Unfavorable Traffic Conditions and Poor Export Demand Are Also Bearish Factors nii.tix nr.i.r wkatiikk koimxa'-t IIK Mill. .I:in. 20. Tin- nr.itlirr fore int for tlilrta-.lv Iioui-h lullnwHi , . i:llnnls (iriienilly tjlr toil.i. followed In Hiion anil rllllB li'inpenitilre, miiiiv or ruin norlli tonlidil or Mitiirilnf. ,,,.. MI'Miiirl liitri:iliis rlomHw" tocla. fnllour.l hy ntlii nr iuiw tnnlitlit or Mittir liny, ndiler Mituriluy et. Wlwui r.dr ami iiirillm'.ril i-oli tnil.iy, fiillouril h -mm .ttinlBlit or Mittirilii.v, lm,a liiirenlne iIihiiIiih'xh anil, eon tlncoil rnlil loilny. tiilluui'il by miiiiv Milur- Inilbliui uiul (lldii fillr toil.l.v. collier smith. rnttinl4 oierin-t unil iwirmer. iinili uhly r.ibi or miiiiv. CIIICAOO. Jan 20. A recent revision by the Canadian Census OUlcc. placing the final vleld of wheat In .llil at 220,307.000 bushels against its estimate of 159.123,000 bushels issued last October, caused a great deal of selling of what today and the mar ket weakened. Unfavorable tralllc condi tions and a poor demand for export also were against an upward movement. New buying was limited, there being little demand from the public. IPt and pro fessional traders were unanimously bearish ami worked for lower prices. There wris an improvement for a time after nn early drop on rumors nbout sales to foreigners, larger clearances for the week and bullish T sharp decline occurred at VinllW. Frtsb sales to go abroad wero put nt 200,000 UMnyot ns high as yesterday's close at $1.85, but dropped to $1.S0, finishing nt $l.Sltrl.SM. July sold up to i above yesterday's final Quotation, but ten to $1.51',-, closing at $1.B1 l.Bl'a- follow Ins n rallv to $1.39. September ended at 51.38, against $1.38Hi at the close ycrtcr dav. after having been oft to $1.37 U. Tho Modern Miller said that about one half of the winter whoat belt was without snow covering and that light rains over a wide area had preceded low temperatures. Kxports of wheat and flour front the United States for tho week worn ..fc.tS.03.. bushels, against 5,043,052 bushels last week ami S.710,272 bushels last year; from July 1 they amount to 213.830,170 bushels, com pared with 240.755.029 bushels In the same period a year ago. Shipments from Argentina for tho week wero 2.417.000 bushels. Tho visible supply there Is 5,000.000 bushels. Tho Pennsyl vania road place dan embargo tin shlp mcntsoriglnutlng on nil lines cast of Pitts burgh. , Leading futures rancou n .ui,. ...... inch. Ixiiv. nop?, eiqse. Wheat open. uiBn. ,"Y."i iiii a7 i K s- its . at j i t'ort May orn (new dell vary ... , nlT, .. n..i ;:: Io'ot, 1:SW tl:8i t!:8w RSJi aim 8851 r.7 E8I5 & .18 r.s'i Slt'I 10.22 10.53 10.72 10.10 10.411 111. CO is.Ya io.o'u 20.02 29.57 20. SO rj.au lo.tn 10.10 tio.ou ls.ss 13.00 31.23 S9.W Stf.33 10.22 1 10.03 10.7U fl5.l7 U5.77 31.40 29.03 2U.33 Juli- ijats May. . July... !.aru '"" J?,'?S May.. 10.511 July. . 10.07 Jan... tJ5.3 May.. 15. 2 PorU SUV" $m July... 20.33 illu. T.lttiu. N. Y. HANKS LOSE CASH Credit of Now York Reserve Institu tion Is Mainly Responsiblu NEW YOIUv, Jan. 20- Operations of the New York Federal Reserve Kanlt this week were responsible for the 'first loss In cash that has been disclosed on tho known move ments of money In several weeks. The in stitutlon mentioned had a credit nt the Clearing Houso for the week of $19,500,000 and the bank's loss to the Subtreasury $2,330,000, ft total loss of $31,890,000. Against this is to be deducted a gain In cash from the Interior of 5CS02.480. leav ing the net result a loss of $15,597,511. The New York Federal tteserve Honk ran large credit at the ClearlPK House every, day of the week but one. It was these 'Derations that were mainly responsible for losses by the banks in weeks previous to the recent succession of Increases which brought the total surplus reserve up to a point encouraging expectation of a new high record in the near future. The week before the local banks gained on the known movements $30,880,594, and the week still previous there was a cash gain of $60,701,000. Last Saturday the actual bank statement showed un Increase In cash of $35,397,000 and surpluj reserve stood at $202,472,830. C The banks this week received, gross from the country $8,880,297 and shipped $2.-588,8U- -Tb previous week the receipts were $13,492,853 and the shipments $3,. 212.259- The gain In cash from the country list week was $10,280,594, and th banks gained, respectively. $11,094,000 from the New York Federal Ueerve Bank and $6,512,000 from the. Subtreasury. No gold was received from Ctinada last week, and In the present week an Importation of $400,008 from the Dominion was more than offset by shipments to South America amounting to between ,W9.0H and $3 000 000. The official Subtreasury state ment shows $i,5Q4.W0 wa transferred to SeiyFrancbico. Itodesia Gold Output Decreases auction o Bold l nwiita. faljUl AJrtwt. was 7:ue M ww. vt4 tt & oueti 11 inn.us. COTTON EXCHANGE -BUSINESS IS SMALL Prices Move Up 12 to 16 Points in Sympathy With Higher Liverpool Cables NKW YOUrC, Jan. 20. Business wns small al tho opening of the Cotton Kx chango. but the tone was firm, with prices up 12 to 10 points In sympathy with higher Liverpool quotations. There wns no fea ture to the trading here, room traders, spot houses and Liverpool selling, while the de mand came from New Orleans and other Southern Interests and uptown operatorM. Commission houses operated on both side". Tt was belle-ed around tin ring that the recent demand from the South was due to Iho reports of firmer spot conditions. After the call tho market held steady nt or near the Initial levels. The early advance, which may have been prompted to some extent by rather vague rumors that the Teutonic nations wero considering another peace move, carried May contracts up to 17.42, or 2t points net higher and 84 points above Iho low love! of .Monday, (vonslderable realising was en countered around this level, causing reac tions, and local selling became a lltllo more aggressive ns soon as tho market became easier. Toward midday Hay contracts were soil ing around 17.2S, or about 11 points under the high point of tho morning. Local pressure! Increased ns tho market turned easier and Hay sold off lo 17.25c late In tho morning, or back to within l points of last night's close. There w as no change in the general average of the news, however, and rallies of 5 to fi polnta fol lowed with the market dull but steady dur ing the noon hour. Vest, clone. Open. 11 n.m. 12 m. 2 p.m. Jsnunry Kl.tH) Msreh 17.02 17.13 17.111 17.20 17.12 Mny 17.22 17.03 17.07 17.:tr, 17.3J July 17.HI 17.30 17.33 17..'U 17.30 October Ki.ao in.io in.it ih.il 10.3s liecombor , ...iu.31) 111.no Spot ...17.31 Liverpool Cotton LIVKUPDOL. Jan. 20. Spot cotton was quiet but steady, on tho basis of 10.9U1 for mid-upland, nn advunco of 17 points. Tho sales wero 0000 bales. Including 500n bales American. Tho imports wore 33,oon bales, including 20,000 bales American. The mar ket for futures closed steady at a net ad vance of 7 ill 2 points, MONEY-LENDING HATES MltV voitK The money market showed continued case, although rates aro not quot nbly under tho level ruling on Thursday, Money on good 'mixed stock exchange col laterals was 2 4 f 3 per cent for sixty nays to four months and 3I'3i per cent for five to six months. Industrial money, on which tho greater part of business is trans acted, ns for a long time past, rulil nb'Mit U per cent higher than mixed. I'rmio bank acceptances are fairly active at 2 ll-10fi 2'i per cent on nligibles nml !Taft2r'a pur cent on ineligible,. After midday the money market bec.une easier on limited demand. Prlmo mercantile paper Is In considerably larger demand than supply. Itatcs uio nom inally 343ij percent. Call money was 1 per cent for lending and borrowing. PIIII.ADin.rillA Call, 3'& per cent. Time. 'H'iftiiVj percent. Commercial paper, three to sis months, 3H9-9i per cent. I.ONIIOX Money on call was 3i per cent todays unchanged. Tho rate of dis count In tho open market for short nnd three-month bills was 5J5V4 per cent, unchanged. FOREIGN EXCHANGE NEW YORK, Jan. 8C The market for foroign exchange In the early dealings to day was dull and In the main steady. There was little or no feature otherwise. I.lre were quoted at T.ISiJ for checks and 7.18 for cables, as compared Vlth 7,19 ta, the extreme low record on Thursday. On the other hand reichsmnrks declined to 08 ft for cables and 68 Vj for checks, compared with 69.409 on Thursday. Other quotations were: Demand sterling 4.75 H. cables 4.76.451 sixty-day bills nominally 4.73V. checks 4.70 H- Franc cables 5.33'j. checks 5.84$. HwIbs cables G.OOti, checks O.OtVJ. Vienna cables 11, checks 10.98. Stockholm cables 29.65, checks S9.55. Pesetas cabbT 21. 20, checks 21.17. Guilder cables 40 less ,'j. checks 40j less . Ituble rabies 28.45, checks 28.35. Jn mid-afternoon the market continued moderately active and imprpvemont was disclosed all around, nelcluunarks. from 684 In the early dealings, rose tu 69tfj for cable and 69 for checks. Vienna rallied to 11.12 for cables and 11.10 for checks, and lire to 7.08 for cables and 7.09 for checks, compared with 7.ia',i, the low record on Thursday. Rubles were quoted at 28.55 for cables and 28.50 for checks. Sterling and francs were firm, but not quotably changed. BANK CLEARINGS Bank dsariag today compared wltb corro spendJBs 4y last two veers: ! v 11)17. 1910. 181S. Boatja .....u2.7n.ftM 4Sfl.ciiiS.353 S23.utii.iOT wuwitit. Ia.a.sft3 34.130.s13 9e.37o.20o Now York... SIS. UT7.T37 JiS.jiksS 3u2.433.S7l NEW YORK BUTTER AND EGGS NSW YOKK. jaa- M- BUTTER Receipt. Sim tubs. Uood'Vradiii. firm 00 U sraii. UtaU dairy. SB s 30 tit: uo thiuwo on , otter "iSS'l iteceJpis. 322 uue. Krh . feSfe Uic.x,rpe." Sates in Philadelphia Jon Am Can . . nt ' 40 Armo Tea prof t c. 07 2 Am tins . .120 10 Am llyn pf on n Haiti Lo pf.ioi 22 I! ft ft to., lift 70 do nref . . r,o .10 Crtl Pc... 20V, 1 1 Catawlssa 1st pref. ft I 10 Uleo Mtor. oo!?', loo U Asphalt. 2or, 1 1 do nref.. 70 Jnw. 81 07 120 Oft itr. 00 5.1 4 2H', M fifl-V. 20"i OH 13 Ins rati A. 27H 27Vi 1)30 Lk Sup C. 10 I0H 00 Leh Nav. . 84y Hit t.eh Valley 7H., 7HVi 100 Long 1st.. 44 Yt Vj I. Sohuyl. SIVj ti 1083 Penna It It ft7 ft7 Pa Salt Mf 0(1 DO 2S Phlla Ctrf II 41 12..7 Phlla T31CC 34, 33tf, 2220 PUT tr cfs 344 32, 40 Phlla Trao 83 14 H314 7ii Itwya Oeii. ly, 7"', Hi Hep Ir & K HO'14 o 12 Heading... loti lolijft 101 232 Ton Hoi... I:, i, Ufr Net Close. ehe. t 1 0: n 120 Vj 118 10111 00 35 t -i 281ft 114 (It. OO-li ti 20"i ll4 OH i 2714 in 14 14 RHi H 7BV. lit4 3114 14 .17 V. PHILADELPHIA MARKETS" I -t tfi no 41 .tin .4. S?4 -1 8314 - ",i 8014 t-lll '4 loo Ton Mln.. (if, , "A oA 110 183 Union Trac lfl',4 40 40 14 ,11 i: (I 1 ... till' 8974 83?4 14 SRDl) U H Steel. I lit U 11114 1I1U 11 10 W J & H S 32 f,2 32 III W Cramp. 82 82 82 15 VolkKypf 3714 M .T114 Itll.VllS flUh. Low. ClnSB. $1000 Hald Loco 1st 5s ..10114 lOt'j 10114 .1000 Con Trac N J 6a ...10214 10214 102!i 5oo City Is 19 13 reg losu 103H HiSli 3000 city is inn reg .....10314 l314 10314 2000 Ulcc & Pco Tr 4fl . . 81 3000 Ken True & T 5s ... 8334 loon llnrwnod Mice Cs.iot .12300 Lake Sup Inc 5s.. 53 2000 I,eh Nnv con 43B.102I4 10214 Ofloo Lehigh Vnl gen 4s.. oi',4 0114 2000 do cons 41aa '03 loiii 10114 10IV1 14 looo Penna Co gen l!is.10t4 10114 10414 7000 Pen Pnss t 0 Is 8914 ftuoo P AV & H t a 4s .... 0914 2000 Phlla Co Cons 5s. 90 3000 Phlla i:ioc 5s IH7 2000 Heading en Is rcg . . OSOm 2000 do Ter 5s. IIS14 31100 Un Itwy Inv 5s... 72 li 81 R554 101 SU'j 1 14 'Ne't' thue. 1A HI 11 S504 101 1 S3 I 10214 V, l) Hi ..... 8914 8914 9914 99)4 00 on 107 107 14 n.vtt !.v4 4- ?& :liiti n.ivi '.Vi Sugar Still Unchanged NKW YOIIIC. Jan. 20. Flno granulated sugar was unchanged today, being quoted nt 0.75c by nil rellners. Tho last salo in hpot Cuiia raws was at I.SOc, a decline of 13 points from Thursday's opening. Tho New York Stock Kxchango hasN re ceived applications to list tho following securities: Armour & Co.. $20,000,000 addi tional real estate and llrst mortgage 1 14 per cent thirly-yAr bonds, due June 1, 1939, and I'aduoah and Illinois Ttallroad Com pany. $1,500,000 additional first mortgago 414 per cent foity-yenr sinking fund bonds. GRAIN AND FLOUR WIIKAT rtwrlpls, 101,70, tnih. neirmnil win fnt nrtHo ni-il with renrla;i speeuMtlon in th" West tri, is deellneil 0e. Witnlntlnns: t nt lots, pi export elnvntor N"i 2 r swl . t"2r'' 1.05: No. 2 southern reil. II.OiUM.M; steijmer No. 2 red. $1 ttffl.OI: fin. :i red. fi.RiSl-i'r-rejeeteo A, l.8IV1.87i rejeeted It. l.M(i.M t'OKN Iter-tpts. 5000 bushels. The mnrk"t wns Millet, but prices nilol Orm tinder Imnt otlerliifts. Quotations: Car lots.for loesl trad", ns to loeatlon No. 2 yellow. $1.1 31 41 II''. No. .1 vollnw. J'P2'i1.1Si No. I jelow, tl.ln'iHiti.ltll: No. ,0 yellow, ll.utli JJ.09' ; southern yellow, $1.11 W l.iy. HATS Itri-lDts. 57.(I7S liushets. HupplleS wero sinnll nnd rrlres wer 'I', ''Uher iindjr n fnlr deiAatid. Quotations' No. 2 blte, Oi'i ,n e: standard white. '.0'i u7e: No. 3 while, 0.V4 5r0c. No. I while. 0I' tl,1'4ci saliiple ""i'l.olll't'ilt-Apt,. 1070 1,1,1, and M0.733 U;s. In sneks. The innrksl ruled wnk In simpatliy with the ilerllne In wheat Trade was Millet nnd chiefly In nernml-hnni! stoeks nt eonei-sslons. FolliwInK aro tho inintntlnns per 100 lh 1. In wood: winter, idenr. 17 ir.n; do. strn Rht. tRWH.SO: do. palrnt. ft.3nW".73, Unns.is, elenr. eotton s.ieks JS.2Sffs.Si: do. strnlisht. i;ntton sneks. J8.7nwn; pnt'tit. rottoii sneks. S0WI'.23: sprlnir. first elenr. fs.r.ii8.J3: 1 lo. p.itr-nl. $M li.r.ll: favorite hrands. $11. "SfftOjSftj, el mills. eUleo nml fnpry patent. o."5lii.2r,j..elty mills, reitnlflr. grades Vlnler. elenr. T-Ti : do, strnlnht. SsffS.M): do. 11a t en t . t a .o W 8 . 7. ItYH KlJlCtUvns unlet but sleadlly held. Ho Mtuito J7.30fl7.75 per ubl.. lis 10 duality. PROVISIONS oun .Hkl.j.. ,,1a,I Orm tvtllt n filr lotthlno. lMimml. The .imitations, follow: City beef. In Sets, nmokeil nnd nlrdrleil, 3 lei western beef. In sets, smoked, ate; euy iw, kiihikki w tenders, smoked nnd ntr-frle.l. fl.Je: western beef, kliuekles nml tenders. mykdj, jloe; beet hams, J2SW30: pork, family... 33 I3.0: liams, H 1'. cured, loose. IIKlOlar; do, skinned, loose. lHWtO'ae: do, do, smoked. 20ff2ll,ic; other bams, smoked, tlty cured, ns lo hrnnd nml nvernpe, Wit; hams, smoked, western cured, 0tc: biilled. boneless. ,10e: pletllo r-houlders, H. P. eured. loose, 15e: iin, smoked. IO01 bellies. In pickle, necordtnir to nvornito, loose. lBr: hnnkfast hneon. os tn liritml nnd nvernfie. city eured. ale; breakfast baron, west ern eured, ale: laril. western reOned. ilerces, 1714ei do, do. do. luhs, 1714 ri lard,'-pure rlty, kettle rendered. In tierces. 17'&e: lard, puro city, kettle render, d. In luhs, li'ae. -REFINED SUGARS The nmrket is nnlel nml unehansed. tto flllers' list prices: Klr:l One cr.iliulaled. 0.75c: powdered. II S,V; I onfoi'lloners' A. 0.03c; soft crudes, (llMl.iiiic. DAIRY PRODUCTS lll'TTKIl I'rlcs ndvnneeil Se on solid pnekeil rrenni-rj nml le on prints, duo to iwy llslit offerlnns of line Roods, for which thero wns a. fair ilcmntid. Quotations: Wentern, fresh. anlld'Piiekoil iienmery, fniiey speelnls, I31je: extras, 41'a ? I2'e; extra nrsts. ,T.le; llrsls. 30 T37e: Krcomls. Il3"ia.1l4ir; nenrby prints, fanev, 15c: nverim-e extra. -I:i044ci nri't-., iPIOlOe; seronils, 3,,1i3i!i': sperlnl fnney brands of prlntn Jolihlim nt 4Sf."lf. K011B were llrm nnd 3o per eoso blEher. wttb a Rood di inand. Quotations: Nentliy ex tms. 'lie per dox. ; nenrby firsts. 512.00 per enso: nenrby euirent teeelpts, $12.30 per esse: western, extroi. He per do: do, extrn Orsts. $12.00 per ense: do, llrsls, $12.30 per ense: fniiey secot,.ii ciindleil fresh cuas wero Jobbing at nt W0O1; per itoz. CHIJllHK The market tuled tlrm on rhnlce stock, with deiiuind nbsorlilni; the limited orror InBS. Qiiutntlons: New York, full-erenin. fnnrv, held. 2,-i' W.'.Tae: do. do. fnlr to Rood, held, 2l'W2le. do, part sklmn. i:i21c. POULTRY LIVn Choleo stock sold fnlrly nml was Kepi Well cleaned up nt the late ndvnnce. Quoin ttons: Powls. ns to Miinlltv, 201022c: roosters, 1 r. t?c I ito ; spring chickens, snft-im nted. i'iii'22c; White Lephorns. accordliiB lo ounlity, luilo: iluek.i. ns to nlzo and iiuullty. lli)22c; turkcs. 221f Slci ceesc. 101220. plRions, old. per pair, L'Stf 00c do, youiui. per pair, 202rc. IJIIKSSKIi line eli sold rnlrlv nnd wns well cleaned un nl ricenllv revlsi il OuureM. The riuolnltons follow: Fresh-killed, dry-packed fowls 12 to hoy, dry-plckeir. fancy selected. 241111: wellllnff 4 lhs. and over npleoe, 2te: velBhlntl :i-4 lbs nptece, 2fil'-3e; wel-hlnn 3 lbs. upb'Ci . 20Ic: fowls. In hhls., fnney. ory plcked. welahln -I lbs. nml over apiece, li.'lifcc: smaller sizes, lsfi'21o; old rnor.ters. ilry-ptcki'd, ISc? roastlnij chickens, western, dry-picked. In boxes, wolshlnir OlrlH, lhs. per pair, J.",t,20e: roaslln? chickens, western, dry-nicked. In boxes. welElilnE H lbs. per pair, 2fe2."c: roastlnii chlck-ns, wrslein, In boxes, velBhln7 7 lbs. 1 er pair. 22fr23e: roastlnc chickens, w-stern. drv-packed. I.i bbls., weluhlliK H to III lbs per pair. 2le; roasting chickens, western, in bbls.. wclshbiK 7 Ibi. per pair. 20ty2lc: brnlllnB chtcki ns. western. In boxes, welshblEf :MH I lbs. per pair. 24 Kr ?.',: chickens, welpblmr Ofi'il lbs. per pair, lllffjuo; do. inlxvil sizes. lMf2ii: broilers. Jersiw, funcy. 321il3rie: broilers, other lenrby. welBhlnu I'iOl' lbs. npleee. :ii)W:tji ; lurke.i. per lb. Kancy nenrby. 32ff33c: fancy isicome lax 1 ' il II "i r Your Income f I?, Return 1 fligHfi I ' 1 feftif Correspondence or n peraonnl tfJlMFI ltelPSrTfim.JnV R5 interview cordially invited. "JHlMlirarfrrP-Rl I mtwy ''W& i, 'Ha v'- -- ''i 11 The problems involved in the preparation of your in come tax can be considerably lessened on advice from this Company. CJ Acting in every fiduciary capacity, this institution takes great pleasure in assisting individuals in any of their problems. Commercial Trust Company City Hall Square CORRECTION Philadelphia Electric Company Eplison Electric Light Company In an advertisement in a previous edition of this paper stated that the date for cash payment has been set. This was due to a misinterpretation by us of the advertisement , of the Philadelphia Electric Company, tio date has been named. - Frazier 6- Co. INVESTMENT BANKERS Broad & Sansom Streets western.. ?.2fT.13e: fair tn jE'' iM,Pi,e$l2 by. 22225c: do. western. 20ft2-'c:t gevse ponr . 1.V, 'in. western. 1 3 telle ?. ".M. P aoKPn- 1 UOMI aor.i irr.7iii ti,iniv ii.i'ir, iiki ", r uosen. iu.7nw,l. d.int. iucw j: floien-Whfe "we hTmV il to 12 le ber Hoimi. i- 1S I0(l.25: white, welsh n 0, tn 'a ' f'J , . . iosen fS.23W3.Vl3: white. welohlnB s lbs. er i.TTSUUn(!H, Jan. lor.m. f I .-.OfCl 7ii: ito. -eiahlnic 7 lbs. per iiiiom,.. losen. j3.r,nT3.on: do. ;wMsr,lriB 0 (J0a lbs. ,islrct U'lll RUrpass nil per dosen No. 2. 00 ,"0f(3; small nnd FRFSII FRUITS tmn.l wns fair and mlues generally were well sustained, es follows: A!'"!"' ,,t,bL,,t7T York Imperial, 3M.SV Hon l)vls, ?3-V,'iV balilH-ln. No i S3 731fS3ii. do unurnile.l, t 3.r.O:Vlreenltiir No I. Il.snor. 30: do. unerade, , f3l: Rtaymnn. Np. I, IJ?: rl,i iingr.ided. f2.eii3.r.0i WinesiK N'o. I. 4.i.oit: do. im Kraded. 2.303.r,o. Apples. Northwestern rr box. tl.R0V2.An. I.'mons. per I'M. J2.ei f3. (irnnBes, Klorlda. per crale llrlabt, Ji-MJH 2.73: russet f2fe2 3. TanRerln.s. t orldi. per strnp. t:.ril)ff.1.0. Itrnpeiruil, riorin. pes. rrnle. iL.r,i).1.Ai. . I'lnrnppts. "lorld.i. lmh.iit ftlver, Per crate, f,2.83:t.2... Cranber rlis. Cope t'nd. per bill. Parley late varieties. f.1(ir7s enrly black, 3W3.r,n. Cranberries Cii Cod. per ernle, ti'r2.40: iln. Jersey, tlnrk. per cr.ile, tl.7Sf()L': do. do. Ilsht. per rrnte.. tl.OO. Strawberries. Florida, per uuart. 2o3.ie. VKGKTAI1LES Hupplles were small and the market ruled Orm, with trade fair. Quotations: White pots tots, per bush. Pennsylvania, .choice. $2.1 1 2.20; New York, choice. IS'K, (. WOltO Iwta tocn, Jersey, per basket. $ll.23. Htvjet pntn tors, Eastern Hhore, per Mil. No, 1. $358,1. 2.i: No 2 tl oOUf'J. Hvcet potnlois. Deliwnre nnd Morjl'and. per hamper, tl.inrai.33, 8wt potatoes, Jersey, per basket No. 1, OOeWll: No. a. 40Woe. tinlons. per ion-lb. hag No. 1. t0 2.10.o0, No. 2. S3 fF, i SO. Cabbage, nn. Ish. per ton. $110; do. southern, per hamper. 2t2.f,0. s-plmich. Norfolk, per bbl, Ji! 23fc 2.7... Knle. Norfolk, per l.bl $101.3.-.. Cnull tlower. Norfolk, tier crate. jlWl.r.). t,etiuoe. I'-forldn, per basket. tl.TiOff 2..MI: do, Vlrslnla. tr luslctt. tMel.riO: do. .North Carolina, ts-r bnsket. tlwl.i-n, tenii. Mnrldi, per basket tlreon, J2l: ax.. iyM.23, KKBPlant, Plnr Ida, .per box. $2.233 Ml. I'ei'ners. Klorlda, per box. 2l2.r.ll. Hotissh. ! lorlda, per lior, il.7iiliJ2.23. I'ens. Florida, per basket, $a n.illl. Tomatoes. Klorlda, .per ernte. $l..,0(a3. Mushrooms, per l-lb. basket, S1.2.iwl.:i... I5AR SILVER l.n'l. 1017. Tod.iv. Yes. Prl HRh. Low. New Tork (cental 77 70' 4 73 77 7I' leilidoii tuencc).. 37 37',. 301t ni', 30 RECORD COAL PRODUCTION FOR PITTSBURGH DISTIUCl' Heavy Demand KestJlts in Opening Up New Fields, Marking Now Epoch for. Pennsylvania 20.--Th riltsbutBh oxlstlnp; records In llio produetloti of coal during 1917. Kx traordlrtary demand has caused tbo opening up of now fields nnd (lie advancement will mark a new epoch In coal production for weRlorn I'ennaylvntiln. Tbo PIUsburRli ftonl Company estimated Its production for 1017 nt 20,008.000 tons, of tills ninoiint npproxlmalcly B.OOO.ooo Inns are contracted for by tbo Steel Cor pnratlon, leaving IS, 000,000 for Renorat inarltetH. This 15,000.000 tons la expected lo brim? n market vallto of about Jl pCT ton over Hie price to bo paid by the, HtetX Corporation, and a conservative csllmala placed tbe net proflla for tbe l'ltlsburgh Coal Company for 1917 at upwards of $12,. ooo.OOO over tho figures ot the year Just closed, lixtrn. production will mean tho employ, nient of thousands of additional men In the mines of western Pennsylvania. These men nro receiving an exceptionally high wage rate til tho prcRcnt time, nnd It means a continued period of prosperity for tha men, ns well as the operating firms. Sucar Futures Up a Trifle NKW YOtlK. Jan. 26. Tbo market for sugar futures opened a llltlo Btcatller today on covering by whorls, first prices being gen crnlly 1 to 3 points higher, with sales on tha rnll nbout 400 tons. Thero was nothlnir. Jiowever, In tho way of fresh developments. Ill raw sugar to rimi'P any uuhiuliuiiic sup. port to prices on the exchange, as Cuba va said to be easier and offering sugar freely, with local refiners holding olt at the moment. TIE SAVIMG FUND SOCIETY ok pmr.Aiir.i.riiiA Main Office 10th and Walnut Streets y KENSINGTON OFFICE YORK AND FRONT STREETS SEVENTIETH ANNUAL STATEMENT, JANUARY 1st, 1917 ASSISTS Ilonils nod Morli;apes. Orst incumbrances city or I'lilliidelphlii Is. 3'4 and 3 per cent Loans City of Huston a'a per cent Ites. Loan , city or New Vork f and llrooklyn llrldae r,s City ot lion lsbur? Public liiipriivein-iit 3vi o. city of Newark. N. J., Itefunillnn Pas. due lull City of Ilalilmore Annex Improvement, Sowernio nnd PavliiK Is City of j:il2abclh. N. J.r Adjustment ,13 City or Uuliitli. .Minn.. Wntor nnd l.lsht ua City of Jersey Ctty I'js, 3s, 0s nml l , city of Itlchmond. Va.. 3 per cent Loan City of (iraiurc. N. J.. School ns .'.: ."JV'Y'i".';; City or Nashville 4'-j and 3 per cent Water Works nnd fechool l.ont.s city of Iteiidlnt I per cent Itefuntllng Loan .:. v ',',,; city of Camden 4 per cent ltefundlns Loan and .School 4Yjs City of SU. Paul It Ish School Is city of Cblcnuo city Hull 4s and Sanitary. District Is city of Pittsburgh City Hall anil .Municipal 4',la City or Portland. Ore., lirldgo nnd Park Is..... city of Scuttle, Wash., -Pj per cent liarbaEo Honda and Unter 414 s Cltv of Norrolk. Va., Appropriation IUsh Stnlo of .Maryland I Per cent Slate Hoail Honda .... .... ............ . . . : city or Cluclnn.itl 4'i per cent Viaduct. Police and Uro. Department Ilonds. . . City of Wilmington. Del . I'4 per cent Hlnklns Kund Ilonds City ot Cluelaud 4'j pe- cent Water Honda County or N-w Castle, Del.. ItulIdlnK Commission l'ns Lake Shore unil .Mlcblgun Southern Itwy. .MortKiiiro ll'ls and Bold 4s Pennsylvania Coiupauy IPis nml -Pis Terminal It. It. Asj-oUntlon of St. Louis Jirst MortBiiRo 4'.as nnd 5s MeKeesport and Hello Vernon It. It. I'lrst .Morteaeo Os Ohio Connectlmt Itwy. Klrst MorlRaise Is J.ehlch Coal nml Nav. Co. .Mnrlnave li anil l'.4a and Coll. Trusts 4'.4n ...... l'onnsylviinla lt.illro.id Is. Pja and 3s and General FrelBht Equipment -lias., Phllaifelphi.i, Wilmington nnd lSnltlmoro it. n. Stock-trust Is Lonu Dock Co. of Now Jersey Consolidated .MortKHKO Os Now York Dork Co. Plrst MortKaeo -Is and Preferred Stock Now Vork. l.i"icnwiinnn and Western Jt. it. I'lrst MortcaKo fls Pine Creek Itwy. First JIortKnpe us lleei'h Civil; Hxlenslon It. It. I'lrst MorlKiK :ia ' Philadelphia nnd Hnltlmore Central It. It. First .MorUaso Is New Yon: nml Iioboken Ferry i;o. iicnerai jioriBacii . New Tork Ci ntral and Hudson lllwr It. It. (11. A. Division) 4 per cent Car Trusts New Vork Central Lines 3 per cent Kiiulpment Trusts of 1007 and -I'.is of 1010 Philadelphia." IlVlilmoro'nnd" Vu's'hYnijton"li.' it', "siri.il" 4s! "ilue" ' l'oTn'-lilL'h! ' anil I'bsi .MortSURe Is t nlted New Jersey II. It. and Cnnnl Co. (Jeneral AIortK.iRO 4s Delawaie Itlver It. It. nnd HrlilRo Co. First MortBiiKo 4s l'lttiburnh. O.. C. nnd St. I.. Itwy. 4'4s. Scrle.s A, H and U. nml Series K 3s and U Is Scliulklll Itivcr llast Sldo 11. It. First MortKaso 4s Haltlmore and Ohio It. It. IP.aS, and West Vii. 4s and lloulpment lias Philaili lpha unil IteaillliK It. It. Impt. Moi'tcnso and Uxtemleil 4 It, adlnff Company Jersey Central Collateral Gold -Is .New Vork Short Line It. It. 4s. due P.1.17 N. w Vorl; nml llrle It. it. First Is and Third JIortB.iuo -IVis. Prior Lien Is and -Vjf;, criulpmptus i.dhk inninti it. Ji. UnKird Miirtuuco Is nml ('nnKoltdutcI 5.s tutmif i. ny it. u. i' irst inoripiifru .is New Vork. Lnlct Mrln and V. Cont nml It. It. lo, First .MortK.R tts Krl- nml IMttslmrKh U. IE. Central .MortiKo I.'.'Jk AIlMBhcny Valley It. II. Is I'.tlliiclrltihla ami Krle l. It. (Jpnpral Mnrlcugo Ih and tin and fia J. ttfTHon It. H. Klrst Mnrtnsn ."m, lm Ittlll X.'W VorU, Susfiuehunna nnd AV'stM'i. U. It. Tpnnlnal Ts and Kqulpment -1Mis.. Mutual Tt-nulnal lo. or lluttfitln Klrnt MortKiiKP . J'tind 4s Wrnlint Xevv York and IVnnsyKani.i It. It. J-'lr.st Mortcatfe Tia , t'hluiiio and Hrlo It. It. l-'IrHt MortKitco Tin I.i hln Valley It. It. 1'oiiHolld.tti'd MorttriiKn .niiulty lis Winston-SaU'in Southbound Itwy. Ktrtt .MortKitK Is . . . , i 'nclntiatl. Daton onU (ronton It. 11. Klrst Mortcago 5s .NVw Vork totinpcthiK II. It. Tlrst Alortsnco l.ifi ri.-volimd. Lorain anl AVhcfllni; Itwy. First HoriKaso .Is and General "s Wtmt Chrster It. It. .Mortsnirc i"is TloKtt It. It. FirHt MurUaffe rts New York, Nw Haven & Hartford It. It. iTo Convertibles and "50 Shnres .Stork and -14 Hq. Tr. - NVw York, I'liUadelphla and Norfolk It. It. 4 Hlock Trust Certificates and First Murt?aco -Is , I.iiHton and Am boy It. It. Firnt .Mortsaen 5s AYc&t IMilladolithU I'aBSfnEPr Kuy, Mortsaso Tis . 1 Vntisylvauia Steel Co. First MortRHK as i'hlc.i:o and Kastrm IlllnnlH H. It. Consolidated Mortgago .1h Norfolk and Western It. It. Us and NVw Ulver Division tj nnd M'i Kqulpincnt. . . J'iUHbursli. YouiiKbtown and Alitabula It. It. Consolidated Mortcago 5a nnd (.ien- eral la i ' ntral l'.n-m- Itwy. Col J 'A3h ami Hefdir. -Is ( hit-ano and Wcutrm Indiana 11. Jt. tlencral Ha und Cunolidated 4r itrt'Kon Hliort l.tn HctunUkiiK MortKaKu Is, due UiJ!) Cumbria and Imllami It. It. 4lss and 5 vqr cent Car Trusts Northern tVnlr.tl Itwy. 4'a Wabash It. It, First .MortKaso Cold fin .l.iiuah'.i and Ut'ooklyn ltoad Co. FlrsL Mt)rlrfUPu Cold fia ... CtilcuKO. Hummuml and UVstvrii It. It. First MortRacfl Cold tla ., nioituw, iiaiunoni.i ana nuti ji. it. oniuiaioi loriJiaRO fit t nit ago, ium'K isiaiiu aim i-at-ioo Jtwy. u'iierj t?( I Aula I a-.in Mivmil n In fiai.l ni 1 1 Vlfl t-11 ItlCL' ' l.iiuie, iiimi riiwauti'Mi 'uu..i.... j.. . uiifliiiiiiuiru .ill. Niu foil, und Southern Itwy. I'lrst Jlorluago Os and r,' lSuulp. Trusts, Series A. I enlritl II. 1(. "I .Ml? .ursey i.enerui .iioriKsm- sa CheSdi'iiko nml Ohio llwy. 3s ami Pott's creek llrunch 4s The Wujhlnstan Tcrnilnnl Co. First llortiiuco 43 , liroenbilor Itwy. First Morti-auo Is 1 'h.ki.mw ,,n,l Memnhlj It. it. First Mortirocn 3s ivnnsyi.iniii und Nut tliwustcm It. It. General MortEaKu Os , MiamokluY Hutihury nail LewisburBlt. 11. Mecond JIortRaRo lis cuutmrn Huilnuy 4',, Uuuipment 4'4s, horlea g and UTo Serbs H anil 4',j Series T chieaKo und Alton It. It. 5 per tent Car Trusts, Merles G VamUlIu It. It. Consolidated MnrteuKo 4s, herlej n ii:de.isl)urB und. I.ako Champlaln Itwy. First lI.irtBaBu 4s Dalian and MlihlKun It. It. Consolidated Mortcago 4'A s houmern P.icir.o Cu.. Han Francisco Terminal ui .Moruaco 4s and -IVjej Kouiue ment Trust. Series A v 1 . 1 let roll Terminal und Tunnel Co. First morlk-njje ja 1 .ultfh uiul New Knjlaud It. W. Co. I'a per 1a.1t Kqulpincnt Trusts. Series It uml It Iianxur und Aroostook It. Jt. 81. Jpljii Hirer Uxteiialaii First MarlBaKe 0s Jamestown. Franklin und Clenitlalil H. It. I'lrst MortBaso 4s Chloaeo Union Stailon Co., First .MortKacu i.4s cleielupd and Martettn Hy.. J''lrot ilortnnt. Is Cleveland Short Lino liny.. First -Mortsago 4'ia l:i!wood Short Lino H. It.. First MnrtKueo 3s Kunsas City Terminal Itni., First .MortRaco Is Michlsan Central it. It... .' Kn. Tr. of JO Hi. .!"............. Si. Louis, Peoria nnd .Northwestern Itwy., First JIortgaBa Sa K..uboara Air Line, Kci. 41. . C'htcuKO. Iiidlanupulls nml Loulsvlllo 11. W. ltefundlns 4s nnd 4i per cent enulpments I'nlon Purine IJ. It. First Lien and ItefundlUB Jlr.rtKUBa 4s tiL.II.l.l..i,. t ...1,1 'Pa--a null r'n "m lab. tnn I.'im I.. .. .. . (tr;. .. rt . . ..". .. Itwy. General Mortifuso -Is and First .MortBaBO 0s onaoniiateii .iioriKaBo ami 1.. u. 823,773 0(1 1,073,111)1) Oil 000,000 00 230,1)00 00 03,020 1KI 400,000 00 :ill.4fll 2(1 100,7118 73 011.001) 00 300,000 00 30,000 1)1) rotoo 00 200,000 IM) 7,000 00 100,000 00 100 000 00 200,830 00 300.000 01) 1)0,000 00 II'.), .10(1 00 200,000 no 08,007 30 130,0011 00 lofl.ooo on 130,000 00 130,000 01) 380,031 2.1 1,232,087 BO IU0.H73 00 138,000 00 21)0,000 00 1,11)4,730 on 1,009,834 10 71,7.10 00 30,000 00 no.Aoo on 30.000 00 "no. ono on 112,109 60 iC J 0f.'R70 25 140.087 40 439,733 83' 480.052 43 10,730 00 204,000 00 1,023.230 00 143.730 00 1,050.601 00 300,000 IM 94,139 00 300,000 CO 1,007,437 17 i 391,812 51) 200,000 00 t no.ooo on ! 172,700 00 ,"i 775,000 00 700,000 IN) t . 219,020 00 ' 315,000 00 ' 03,730 00 ' 300,000 00 293,000 00 , 1 iao.ooo on 371,715 44 1511,000 IM) 3.1K.75U 00 350.O0O 01) 23,000 00 00,000 00 140.889 01 377.100 00 ','00.01)1) 00 100.000 00 133.004 All 100,000 00 300.730 00 388.311 21 314,884 30 317.075 04 02.312 SO 210,3.12 30,000 00 50,000 00 HO.IHO' 250,000 00 .",00,000 06 268,000 00 ItO.OIHI 00 107 103 08 mi, mm 00 413,000 00 300.000 00 233,251) s on oon 00 100,000 00 150.000 00 ROK.633 40 IU,103 00 3.10,713 00 181,000 00 240,315 00 001,247 46 237,087 28 213.275 03 IIK.730 IN) 378.200 00 408,750 00 119,813 00 200,000 00 130,000 09 218,730 00 100,000 00 200,000 00 100,000 04 203.308 51 UO.U37 OU ...'. ... 9A .iiimuuiiuiirt .". "'... ..' .v. . ,.'i;ii'ii'Ym iru.ia, aeries a. u ana u. .. a.51,11.. w Northern J'acllic-Greut.r.ortlicrn It. W. Joint Is, C II axvl Q Collateral 334.750 00 Milwaukee. Sparta nnd. Northwestern Jt. w. Firm mortgage 4s ..,.,'"! "82 810 25 Cleveland, Clnilnnuti. Chlcmu und St. Louis 11. , fit. lmls Pl.lslon, I'lrst Col- I.iImpiiI Trust 4s . .09 ROA 4.X Itbhinund-WuslilnBton Co. auaranteeil 4 per cent Collateral Trust Bonds 288!S9 33 Ilochlns Valloy ftwy.O i;r cent. Huulpment Vrcsts of 1013 ..,..:,,..!!.... . 77.733 50 Arcade Ileal ttat'ita Co. Urn MortBuso 3s...... ...I. BOO 000 00 llobidaysours. lledforil ami Cumbeilund It. n. First MortuaBo Is ....... ." . 03573 70 West Jersey and Seashore .H. It. FlrBt MortBuso 4s !!!".... os!ooo 00 Delaware and Hudson Cu. 4'a per rent First lien KqulumentaVduo 1022 U7.470 00 Nnrilip.it Corner of Chestnut and Ifroad Streets I.1!.,, MnP,,...a k. .,uiwy. on NViy York and Northern It. V . First alortKaze 5s Chicago. St. Iul 1 and New Orleans a per cent. I.'iiulpmonta. .,..",';,,. "! Cleveland nml Pittsburgh It. . General MortBaee 4Ua .T.I. .!:!!." Ileal Bstato. Offlco imilillnzi anU cither prop.-rtl .;...:',,."' , Temporary Jioans, with Collateral ; ' Cash ,.,.,,,.,, ,..,,,.,,,!!!!!!!!! Total ,,,,,.;. .,, , t.i aiiTriTn-e i iDMi-Mt aOiwa fsr tojo.. ...., .,.,.,,,,,,,,,,;;:: Iluo ta PoBooUors. January I, 1017;. ,...,,., Surplus fun4 , Total x 100.000 00 160,000 00 inn ftrtrt 00 374,859 . 1,805,150 00 . 2.782.314 81 (13 011,401 M ...... $38,427,702 37 1,300,083 12 $39,734,717 J? l.oa. . 3.3(X1.( tILI.011,401 to Certificate of gjtibitorsi nppointcb lip tfje Court. i THH U,,PI51tMiV-Nrn- AVfl'loraaPPolntM by the President .Indies of tha Courts of Common Pleas of JhlUdelphia to audit and s-tllo the uicounu of tiip uVctwbv aivivn FUSO SOrtlBTV OF PHILADKI.PIUA for the ,ear 1010, h"hu7 tiin duly ?$$ ,?rdbi2 to li faithfully so to do. ctrHjfy. that tho Assets of th ald Society, at the cloaa of business on tb thlrty-flrst dy Uawarober. 1010. have been wamlned and n'lIM by fhSia and that h. coat iKirMf aat Mt forth la tin atxs Schedula aarurH iviih ih "i UTJ. J- . ..'. "??."'" !!?: of IVla t.riAlra n.l .u al.. mVi &t ;Z1 Si7.lly. "- v '" "'o " """ Tiw amount due to iktpoaltors Includlns Interest, on thg first day of January lnlT and rfiS "h.S?n""'U Kund "re """ "" "a " w.nwnt Alb fbf" llSk. Jul P1U -' - -- January 20. 1917. th 4" JOHN II, COLAHAN. Jr. JOHN C. HINCKLEY. Auditors appointed by the Society The Audit Company of New York. MANAOKUa $$P-Wsffi' iAiiu55icTKSu,NB feW H- NKV?UOLD Ah-niUItwfsKWAIX PilXfiiTKaia'rlsyu ...a.n 5""iA -."'VPi US cintiBTjA c" wimaiS tfHEffirS. VS ialT A nm a w.V..TTTT PDALJS tIBNSON KHALBT JlAltniBON McFAUDBN ALEY. JI. D. ILL1511 IT. HAI.I I.W'I... 1 ... , . ., .. . Jm&J&&MM.r n M I -a 1 -1 'M It.. Kate ot taljtin for tat, r?J7ffij USsSli W WW eolw. wa, set aal. tJS-100 ptr teal. .. ESi .-.-- -arzA