.' Br & The Inception ang Growth of Standard Oil if That Is lb title o( lti fetter. 1 lart'tia m current lime or our rort-i mchtlr publication InttHntnt Oil I fori uafffra, which lo cc-ntaloa tbei l fallowing abnjecta nr. more into or-: tainarr moment 10 !nMlotl Ha H It harm hi Ctatitntm. , .... Sh Nat M Ru (0 Stack DmaoW Mikf Sku-SWCfU Ht i Strati N .. 10. el Kflrterkr M hi IO0OnMaJ ant Otaer BwImm I $2 nnxL ttmhSlrrrtl5l6$nla$32.1CMf4 . IM ItefMlmi Weill, we. . .,.. Perth! rime Sleek Tiklr m. 81 leti f (Wwtnt Rule) Km. ..., bnartnl Qeulerlt Dmirte DcchntMl... II This number (if Irelifl Op I i pormauire. n wen at eucceetfini? I laaliea. will lie eent trrfi ct fnaroe. upon rrtineet for SO TU Including I booklet ipltlnltic I "Tbe Tweatj Payment Plan" I nrror1r4l Irwcrmtwyiariilc (Lltablllbed 1008) 40 Exehanje Place New Yori JL Fre of State Tax in Pennsyl' vania and Federal Income Tax Philadelphia Suburban Gas & Electric Co. First & Refunding 5s These bonds are well-secured and are -guaranteed as to principal and interest by the American Gas Co. The Company serves a large part of the territory adjacent to Philadelphia and operates in 42 towns and boroughs in neighboring counties. It controls some 40 franchises which are per petual and are exclusive as regards gas. Price to yield about 5 Circular on request William P. Bonbright & Co. , Inc MORRIS WISTAR STROUD, Jr. Manager 437 Chestnut St., Philadelphia New orL London William P. IlonbrUlit A Co. Detroit Paris nonbrlght A. Co 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 Foil pnrUralnrM nrnt imou re Quest for Circular PIS 87 The National City Company 1421 Cheitnut St., Philadelphia New York , Cotton Chicago San Franciaco I'nttburjth Penna. Tax 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 Sfni for descriptive Circular JS8. A.B. Leach & Co. (nvettment Securitiea 115 South Fourth Street Haw York Males Chicago London, Has. Buffalo BalUmor Edmonton (Canada) 5s, 1934. Edmonton (Canada) 6s, 1921. PWUdelphia Elec. Co. 5s, 1966. Georgia Ry. & Pwr. Co. 5s, '62. Nw Orleans Terminal 4s, 1953. Southern Indiana 4s, 1951. Circulars and Price on Application orris Brothers Co. EaUbllslied 1898 1421 Chestnut Street yymcTQKY of accountants CaarttaW Public Accountante PB" BURNS 4 OI'EAKMAn the buubbb iaIllYam b, montklius" t CHESTNUT BT. !BJ. . . . I , , . i JVENINGr LBDaBBPJHIfiADBLPHX, FBI-DAY, FEBRUARY 2. 1917 FINANCIAL NEWS MARKET TONE IN WALL STREET ' IS UNCERTAIN THROUGHOUT DAY Financial Interests Waiting for Administration to Act. Rumors of Sinking of American Vessels Used to Depress Prices Late in Afternoon , Hinh Points in Todays Financial News ' Stocks in Wall street showed uncertain tone ihronqhout, day. Good buyinfl was in evidence in forenoon, hut prices declined late m day when reports on sinking of American vessels, xvetc heard in the Street. Wheat prices irregular. Another break in solton. Several companies declared extra dividends. Keystone Telephone toting tiust for common stock to be extended for five years. Price of bar siher unchanged. New York banks lost more than $23,000,000 on money movement in week. NEW YORK. Feb. 2. Tor a tlmo during the forenoon tlio stock maikct reflected tho influence ot what tlio Street calls good huvlng. Mnnv Individuals with monc to spmo wore,buers of Industrials vvllh a good recoid of earning power nnd this buvlng, with coveting of shotts, was effective In causing vlgotous inllles nt Intervals dtirhiR the dn. It was evident at nil times, however, that tho flnnnclal interests had nRaln nssiimcd a wnltliiR position and would tako no active steps in tho tuniket until after definite HtntemcntR wcro made In resaid lo tho action to lie taken hv tho Administration In response tg tho declaration ot tho new German Hiibmmlno policy All thioiiBh tfie day Washington was looked to to fuinlHh nn lncentivo for nution timllnp on cither side of tlio market, and when Information was not obtainable iiimniH were created and foimed the basis of more vigorous trading Koine of these rumors wcro to tho effect that American vessels had been dostioved In consequence of tho new submarine program and tho other reports were tffectlvo In unsettling the market situation In tho afternoon and causing sliaip iccesslons fiom the higher levels established euilj In the daj . Tho at-tlou of Ameiicnn Ueet Sugar was disappointing nfter the declaration of the etta dividend ot $12 a sharo and tho Increase In the rate of tho dividend on tlio common stock from C to 8 por cent. Pi lor lo that nctlon Ameiican Ueet Sugni hud ndvnnced fiom 81!'4 to 91, but tho news was followed by a leactlon of nlinut - points. In the last half of Iho dn lalhoad issues weie selected for heal attacks SI I'aul, which had been undur pressino since tho publication of the unfavoi nble December statement, dropped more than 2 points to below 83, and losses of I to 2 points wero sustained in many of tlio other leading ralhoad stocks Theie was nn irregular tone to the bond maikcl. with the Anglo French 5s ntlinctlng most attention because ot heavy pressuie, on which this issuo dropped to the new low lecord of 32. The convertible lallwav and Industrial Issues wero also he.ivv, reflecting declines in the stock market SUBMARINE ISSUES ON CURB ADVANCE ON PROSPECTS OF BIG U. S. ORDER STAV YOIUC, Tob 2 Tin. Curb mnikct continued to show an unsettled tone ns tho result of the new tJeiman subimnine policy The news that a bill had been intioduced In the .senate for the purchase of manv submarines was lesponded to with an advance In Submarine Hoat from ft) to 24, and I-.ike Torpedo nt the same time rose fiom (,' to 9'J. Wright-Mai tin Aircraft wns another stiong featuic. advancing '"'outside of" thee movements the tendency was generally to lower prices, although after declines i allies were In order. Magma Copper, which sold as ow ns 42. had a iulck upturn to 48 and Ceiro do Pasco, which opened at 34, i allied t . ., I,,. r. .-,.. V fn mnvtnr, im finm In the oil stocks the lone was irregular, nun u"i v-" ' o 14U to 16, and Cosden Oil ranging fiom 13 to 14V. to 56 and Oklahoma was tiadeU In nt liji w ii-,s. ' 6Mldvn!e Steel chopped from 52 to 52, followed by a rally to D2". Aetna r:ploslves continued to lellect Inside accumulation and advanced fiom 4 t0 5The motor slocks were unsettled, with United Motor selling down to the new low record ot 38. Sinclair Oil sold nt 55 Rojal Dutch sold at 60 la 1M1LMKIA1.S Bid Aetna Uvploslves Am Bilt Mfg Am Marconi American Writ Paper . Can Car & KIy . do pref Carwen Steel Charcoal Iron Chevrolet Motors Cramp Shipbuilding .... Curtlas Aeroplane . . . i:mcrson Phonograph . . Federal Djestuff ....... Haskell & Bather Car.. Hendeo Mfg Kathodlon Bronzo pref . Laurel Oil & Gas Lima Locomotive (new) Matlm Munitions Midvalc Steel New York .Ship Otis Dlcvntor Poolo Peerless Motors S S Kicsge w I J Stand Motors '4 .St Joseph Lead 17 Steel Allojs V4 Submarlno 3 J Triangle Film IV Todd Shipyards United Alloy Steel 41 U S Steimshlp 'i United Motors 3i World Film V Wright Martin Aircraft. IIV4 Zlno Concentrating . ... 3Wi IIAILHOADS Itock Island com 3 do A pref ' do B pref 70 Western Pacific w I ... SO do pret 51 Wabash Pittsburgh do pref HTAMAIU OIL Illinois Ys rlosp Asked (Sale) ', ' 4 3 4 3Vi 2V 11 30 m 70 10'4 1114 7A x '"' 0V 1011 07 -,0 R" ft iO ion II VI it 40 30 41 30 V, 20 20 .1 50 l'i 3fl V4 R7 HI) 14 3 a .IX 37 V4 2 00 17 11 V IK 9 2.1 SV4 SI 40 n'i 3K-J4 12 4 35 87 12 2.1 SS M5a 37 17 'a MV4 10 5!i 4.1 3S. 30 Vi 11 IMIEI'ENDKM OIL STOCKS Harnett Oil & Gas ... Cosden Cosden &. Co Federal Oil Inter Petrol Houston Oil Merrill OH Oklahoma Plod & H. . Osage Hominy Itoyal Dutch Sequojah Fapulpi rtef Sinclair Dlil 13-U 1RV4 U I13 ' is 13 V4 11 VI X'j ao OVi G3 1.8 I lns Askeil (Snli.) it STOCKS 32 237 Ohio 303 3D Pralrlo Pipe 'o 320 Stand OH of California. 393 3U. Stand Oil of New Jersey 710 720 bland Oil of New York. 293 208 11ININO STOCKS Alaska Standard Vi Atlanta 14 Big Ledge " Blsbee Coppei (a prosp) "?4 Butte Copper Zinc .. 8V4 Butte NY 1 Calumet S. Jciome 1 Cerro do Pasco . . . . 35 Consolidated Arizona ... 1" Dundee Ariz lli llmma Consol 1ft First National 2V4 Florence Goldfield S3 Globe Dom V4 Goldfield Cons 60 Goldfield Merger 7 Green Monster IS llecla Mining 7 '4 Howe Sound 0',U Independence Lead .... 1HV4 Jim Butler 73 Jumbo extension 20 Kerr Lake . 4 V, Kewanas IB McKlnley Darragh .... BO Magma Copper . . . 47 Mines Co of America ... 2 Nevada Wonder 1T Nlplsslng 77a Bay Hercules 3i San Toy . 14 Tonopah Dxfenslon .... 4 West Knd Con 0IJ White Oak 3V4 BONDS Am Smelt 5s 87 Cudahy 5s ODTa Cerro de Pasco 6s ....110 Cosden Oil Cs 132 Cosden S. Co new 6s. ...105 French Munfc 6s 00 MIdvale Steel 5s 0B Ttusslan CVaS 05 Russian 5'is H8V4 Sinclair Oil 6s 110 Todd Shipyard Cs . . .101 Western Pacific new 5s. 00 U K new 5V4, 1-yr ... ooft do 2-yr oo I) S Bub new 5s 0.8 St Paul 4ViB 00(i 2 14 10 5V4 12 54 20 II m; 8 63 Hi V4 50 n 15 41)4 'k 1V4 3R l1 3 25 ft 70 8 1J4 7 7U 1V4 74 31 4 18 55 48 2V4 H 8 4 16 4 Vi 70 3V4 2 14i 13 1SV4 184 14TA 11V4 8 62 lli 0i 55 15V4 5 'A Mt 35 H! Hi lft 07 7 It 70 17 53 43 8 314 4 00 3 ion 10014 115 . 105 106 V4 97 80 III 102 91 09"M 06 V4 B6V4 100 10 J Vt OOVi B6V4 80 Vi 00 ooft 00 00 "Nco York Stock Sates 1 T.aat close, Adr ftumel) 10 A)at llubbtt 07 Alaska Gold Mine 8! Alaska Juneau 7 AlllJ-ChalmfM Mtl i!4 Alll-Chal Mf pf 81U .SaYBRNMENT BONDS i Ittfik 12 1- -..-lltl I I5??4. M?a' St tftrffaw . .....,)., m.l Aakcd. oS lit r MM.; &- pffeJ. MONEY-LENDING RATES NEW YOIIK The advance In quotations for money today must be considered veiy moderate and due more to technical consid erations than to any dlmunltlon In the available supply of funds or to any ur gency In the borrowing demand. The current 3Vi per cent trading figure for five months on good, mixed Slock Ex change collateral Is 1 per cent higher than In the corresponding week of 1916 and for Bix months Is Vi cent higher. The present rates show even less advance over 1915 and about correspond with the level of 1914. Call money opened at 3 per cenlfor lend ing and renewing. i,mr nitriMiiA--Call. 3U ntr cent. TIme, ZYjipiVt per cent. Commercial threj to six monins, jiU'5!i vr vein. LONDON Money on call was JV4 per cent today, unchanged. The rate of dis count In the open market ' for short and three months bills was 5JVi per cent, unchanged. DIVIDENDS DECLARED J. O, Wblto L Co.. Ipc rerular quarterly ot lVa txii font on tho preferred stock. 1. Q. Whit. laanaaomaiit Corporation, rajfular n....trli of 14a loor cont in the preferred stock. J. 5. Wh'.U BaaYioMrliw Corporation, roatilac ouarttrly of J aTW.of""". rforr4 attwtc? mMmm f .1 .M xjm.. rasu,r uunu v tmfmmms. - -.-- -al;"cc rtfT. ri"'. paav .w v mwd a FOREIGN EXCHANGE NEW YOnif. Feb. 2. The foreign ex change market was virtually at a standstill today, and quotations accordingly were en tirely nominal. Sterling and guilders showed the only changes from Thursday night, u slight Bhadlng. Vienna was a Ut ile better than the extreme low record and lire held at the low established yesterday. Quotations were; Demand sterling 4.75 'i, cables 4,76 7-1$, sixty-day bills nominally 4.72 V4, ninety-day bills 4.70U. Franc cables E.83V4, checks E.MVa. ltelchsmark cables 67K, checks 67Vi. Lire cables 7,28, checks 7 30. Swiss cables 6.00 Vj, checks E01V4. Vienna cables 10 68, checks 10 BB Stockholm cables 29,65, fhecka 29.E5, Pesetas cables 21 35, checks 21 20. Guilder cables 40 12-16, checks lOVi. Ilublo cables 21.35, checks 28.25. Am Aetlcul Chem.. Am Ueet Sucar Am Can Am Car ft Fdy Am Hide A, leather. . . Am llldo & leather pf Am Ice Secutltle).. . , Am Unseed Am Lccornotlvo Am Smelting & Hot ... Am Smelt A Hef pi Am Smelt Sec pf 11 . Am Steel Foundries Am Tel A. Tel . . . . Am r Taper pf Am 7. 1. Ik. 8 ' . . . Am 7. 1, A. H pf . Anaconda Copper Atch Top ISFo . Atl tiulf A West I AH O A. W 1 pr llaldaln Locomollvo. . . Ilaltlmoro A. Ohio . Itarrctt Co llethlchem Steel . 19Ji 51 U'f 41' .17 ns; .12-iJ 127 . mis io 112 . 381 i . 1)0' a . 2IS-J 5(1 OflJ, I 40 .11 Ile.hlehem S Clan B w IllOJa 1J1 urooklvn Ilap rr .. Burns Bros Ilutto A Superior . . CalKornla iclroloum . Cat retroloum p Canadian IVIIIc Ccntrvl Levther.. ...... Chandler Motor Ches A Ohio Chi Mil & St 1' Chi A Northwestern... O BI A, I'cfjof dp .. Chile Copper Chlno Copper Col Fuel A Iron Columbia (las . . . Consolidated Gas . ... Corn Products Ktf. . .. Cruclblo Sled .. . Crurlblo Steel pf .. Cuba Cano Sucar ... f iibv Cano Sucvr pf . Distillers Securities . . Krle 1 ....... Krio 1st pr ... .v.... Gaston W A, W General Electric . . . Gen JiIoIom icmp cfs . Goodilch II F Co Great Northrn pr . . Illinois Central Inspiration Copper Intcrboro Consolidated Interboro Con Pf lnternat Mer Marino Internal Mer M pi lnternat Paper Internal Piper pf . . . lnternat Mckel Kelly Spring '1 Ire Kcnnecott Copper .. . Uick Steel 1-ehlsli Valley Lone Island.. Mazvell Motors . .. Max Motors 1st pf. Man Motors M pf . .. Medcan Petroleum.... Miami Copper Missouri Pacific w I .. Mo Kan AT pf ... , National Inam AS... Nev Con Cop New York Air Drake Nc ork Central .. . N YN H AH New "V. ork Ont W . . Norfolk A Western. . . Northern Pacific NovaScolla SAC.. Ohio Cities Gas Ontario Minlnc Owens Boltla Machlno Pennsyltanla BallroaJ . People's Oas Chlcajo Pitts Coal cfs of (lop Pbts Coalpf els of dep Pressed Steel Car SOD ltlh Low. p m. KM 1SW mi 79 09 OS HU RJa 8' 7 7 7 22M 23 Rl'f Sl'f 8 8 8Va 8S' 38 38 fi.r)'t 0V( um 11 WH hi 2(1 2(1 in 10I1 0viW 01 OH, 1)8 115 115 0714 i)7'j Wl Vi iJt'l 1241S 3Sf 30!i 31 31 C." 05 75 7J'i 71' lOJ'i 101?i 102 01'i OT fiO 6!) 17 47 ?s 7au 75 rais llfl'a' I10 U0' 375 370 370 lfll'i 1'JO'f 7lSa 76' 0) 0) OT 101W 101) lOHi 40'4 4lt' 40 40 2.1 2.1'i 2014 204 . 52)4 52 47'i 47' .15S 168'f 150U 151 . 72N 74t- 7()' 70i )!'' !)" !)2i4 Dl'i . 0) 00U OH 00)4 8VX 87 81U Sl'f .1"20W 120d 120' 120)4 . 27' 27) a 20 2i) 2214 22'i 114 S , 21S 38)4 02 , 10'f 6U1 25(4 1014 0M4 . 8 115 074 5554 121)4 :n :n!4 OS 7.114 1021 1 l)8lf 101 594 0) . iax fio'f 117 370 25 8H4 80 5)1 41 02'f 11 01 2fi'f Wi 0S 4 !IS4 115 ' 504 124W mi 31 40? i 4))4 31 .T) 37 37' 1 120'j 120'4 I8'j 1'1'j 51)5 55 1K)4 HO'i 110H :i94 37'j 3'l 8)'i SJ'4 22'i 23 20'i 25 Lj I0J4 l'l'f 40)4 12 3D4 3m 102' a 102'4 10M4 1021i .11)1 mi 100)4 100'i 5P4 514 51 Sl'f .11.P4 It !' 112 113U 102'f 102'a 100',' 100)4 . 50" 4 . l.l'a 00)4' . 21 '3 . 42 . PS . 3')' 4 . 5) i" 7 . 71 . OT-4 . 4!)'4 . OS'' . .11 . SS' 4 . 35J4 . .if) . 10 . 2ll'4 . 21'. .118 . m . 11 . 21'4 1 i()'4 .10")'a 100 1U24 102'a . Ml 01 '! 01 . 07 )S U.P4 ?)!, 5'i 5'4 5U 5'i . ir'a 9')'a 00 0!) , . 51'4 51'i' 51 51 IOP4' IOP4 llll'j 10P4 .14 .)'! ,l,.' .1,-1 .12 !', -10' 11 ri'j iva Mi' 4 00 00)4 2.1J4 21" 4 21 71 fiS 70 423; 4l)i , .jo 'I0'4 07"i flSJS 40' i 39' -10 .ll'f GUi 51!4 IP a 10' i 4')Ja 70 74' 1 75 7t'- 7.P4 74 10'4 4) 40)4 6I'a 40 41'a OS' 4 OS r8W 31 33' a 31 90' a 8S S0'4 .!0 3.1 3534 .))4 20'i .lO'j 10 10 Ifi 27 22s a 2,a 22'i' 21 2T', 141 1,11 1.11 90st' 91 !)2'4 4P 40'4 41'4 2K4 21 24 1.10'a 1.10 130 24 .. 91 . U . U'i . 5S5 . IV i Ry Steel Spjs JUJ uay Lon copper.... Reading Reading jd pf Republic Iron & Siuel. Sajton Motor , Seaboard Air Line . . Scars Roebuck A Co . Sloss-Shcf S ,I .. Shattuck-Arizona Southern Pacific Southern lly Sludebaker Co , Texas Co Tobacco Products Union Pacific United Cljar Stores.. United Trult U Slnd Alcohol , U S Rubber UriSRef&M ... U S Steel US Steel pf . Utah Copper Utah Securities Va-Caro Chem Va Caro Chem pf . . , Va Iron C &. C Wabash Wabash pf A . . .. Wabash pf B Western Mar land . Wcstlnehouso E & M. White Motors vMIIjs-Oierland Wilson A Co .... oolworth F W u IV a 214- 94 i ll'a OS 50 lo'i 100 75 4V4' 2Vi 91'. 41 00)4 59 1V4 218 m 108 10) IDS i( i ,.) r.'i 21 UlU 41 01 5SJ4 15 .2173-4' 21S 21S .. 51 51' 1 51 . 2V1 2.1' "2 1 . 9iv, 91s4' 924 'J254 .. 29'4 29)4 2R(-j 20)4 UOJi 1011a !)7'i 99 211 2113-4 20S 210 .. fO'' 51 Cm 50'4 .l.tbJa 130JJ 1J2'4 18214 .. 95V. 90 0.1 91 ..14015 112)4 140)4 141 ..11.T4 110 112)4 113 .. 54V4 55'i 5t 55'4 .. 50' i 55 M 55 ..102'i- 10414 101), 100', .118K 11!) 118)4 lib'' ..tOt'f 100'4 10)a 10K .. 2l)a 21 20 203f . .18' 3S .18 :a ..110 110 110 110 48 4714 47'4 17'a 13)4 l.Di 1.134 50 48 4834 20I4 211)4 20)4 24' i" 21 24 50 4S'i 4)i 47W 40)4 47'4 33J4 31'f 3J34 00)4 CO 00)4 1453, 145'4 14M 1314 . 494 , 20'i 21 4914 47V ZSii . GO ua-i 'V.x dl lilend Goodrich. 1 Gaaton-W llllama Wlsmoro. 1, Consolidated Coal-of Maryland, 5, IHG GAIN IN EXPORTS Manufactured Articles Sent Abroad Doubled in Value in 1910 WASHINGTON, Feb 2 American manufactures sent abroad )u,t year were double In value those of 1015. Manufac tuies ready for consumption wero valued at $2,625,686,208, the Commerce Depart ment announced jesttrday, compared with $1,315,105,562 In 1915. They fon.ned more than half of the year's Increase In exports, which aggregated 15,421,209,102, against $3,493,230,532 in 1915 Crude materials for use In manufacturing exported amounted to $719,760,977, an In crease ot $152,000,000 over 1915; foodstuffs In crude condition and food animals were valued at $421,279,570, a decrease of $39, 500,000 ; foodstuffs partly or wholly manu factured totaled $648,059,813, an Increase of $97,500,000, and manufactures for further use In manufacturing were valued at 7912, 202,629, an Increase of $436,600,000. Horses exported were valued at C3L 752,826 and mules at $28,009,018. "Will Operate Upstate Furnace LANCASTER, Feb. 2. Plans are being made for the repairing and early operation of the Vesta Furnace by E. J. Lavino A. Co, of Philadelphia, This concern bought the furnace yesterday. Sales in Philadelphia Net this. lllth. Low. Clo. Atll Insur. 21V4 V4 SV4 70 Am Hy pf 07 07 07 -H 10 Crun Steel. S M 1 529 I'.lec Co of Am .. . SsM " 25 Drie 26 t 12 a Asph pf 7V4 7 700 Ins Co N A 27 26 o Kcnne Cop 41VA 4IVfc 50 Key T Co. 1$ 13 2270 Lk Sup C 1V4 10V4 300 Lch Nov 81 70 530 Lehigh Val 75 7V4 800 Leh V Tr. 21 21 5 do pref 4JVi 4Vi 100 Lit Bto- 25 25 220 Nev Cons 22 21 4309 Penna It It 55V4 84 Vi 113 Pa Salt. M 0V 0 55 Phlla Co . 40 40 (I doempfd 4tV4 42V4 1143 Phlla Klec 33 32T4 80(11 P 11 T't c 30 204 20 llep 1 A. S B 237 Beading 01 00V4 1150 Ton Bel . 4m 4Vi B33 Ton Mill . 450 fnlon Trae 444 44 431 fn O Illlll 89 88 7440 V M Steel 103 I00V6 100V4 2 05 W N Y A. Pa 10 10 145 War I & S OVi OVi 25 WmCinmp 75 74 . 74 4 00 York lly pf 37 37 37 V4 A3 IVa 28 1 87V4 V4 20 I 41", 1V 18 V4 18Vi 80 1 7SV4 V4 21 I 42Vi 25 Vi 21 I ti 1 01 ... 40 42 4 Vi 31 ... 29 1 BB 00i 214 4ft ft A 44V1 V4 88 1 10 2 OVi Vi Close. 0(1' i 0AV4 103 Vi 103Vi 83T4 87 Vi 65 V4 I10NDS Hlffh Low, XIB00 Am fins A. Eleo 5s. 96 2000 City 4s '17 I03V1 1000 nice & P Tr 4s . .. 83 7000 KenTiacA. T 6b . . 88 1000 Interstate Ujs 4s 53V4 10000 Lehigh Ynl cons 4'as 2003 ..101V4 101V4 101V4 10000 I, T rets 1 i: 4s 87 87 1000 Leh V 1st fis .. 94 91 1000 Penna Co gen 4'2S 103 103-1 74100 Phlla Elec 5s .. ..100 100 74100 do now 5s vv I .102 102 Vi l2Vi 16000 Beading gu 4s . 00 OS 6000 do Tor 5s 113 113 1000 Un Rwys t c 4s ... 73 73 83 88 81V4 87 04 el chso. 'ft 1V4 1 103 Vi 106 OB 113 '4 73 V4 LOCAL MINING STOCKS TONOPAH STOCKS nid MncNnmara 00 Mldua 17 Mlzpnh Extension 11 Montnna . JO Northern Mar 14 Itescuo Kula . r. ... 27 COLDFIELD STOCKS iiiue null nt Month ns I omlilnntlon Krnrtlon 04 DlnmondHrlil II II 04 Daisy 01 Oro ill Snud Kn ... 04 Hilt or Pick . 18 MISCELLANEOUS Arizona United . . SO Netndt Hill . .. .20 'iecopa Mining 16 Asked .10 .no I New York Bdnd Sales j Jinnn Alnskn (3ld cv 0. Sr A 72 lwiiii rner cjoi Ull fis . titf iiiiiiiMi Anslo-h'renrh G 11000 Amur For see 0s.. liiiiooii Amor Tel rm 17000 do cv 4 'an Ilium Anur Writ l'ap 6s "(inn Armour Co 4V4s IhiMIO Atihlson koii 4s Ilium ilo nil J 4s 5000 Atlan Co Line 4Vas 27(100 Halt & Ohlu 3V.S . lsiioii .in r,i IMMIll do 4s Low 3 n nl "HJ7 J Il7 llll'i HIV 87 114'. VV Kll4 114 114'. urns 014 III! HUT. liu'a .1)71 Km'. Iij'a IO11 no'. no", iiiiijs .1!l-4 li'lh . 112 7JU 8' 114 0(), nio 111014 ioo(: 711 7(1 100'a 100 J, 101-B 1111 ''4 MP kin. Oil, J.8V, K'. S4)t UK ltd'a 101 111 lllll III J3J. II2V4 KlJVa 111. "(Hi 711 11 s. li. BANK CLEARINGS Bank ckarlnaa today compiured with corrt apondlnK day laat two years: 1917 1010, 1015. Philadelphia. IST.lSn, 750 IST.47B.i2 122 468.872 Now Yorlt... 767.081.812 480.J82.801 278.64S.B88 Ilalllmoio . 18.251 266 0.814.898 8.628 947 Boston 87,057,258 80.679,289 28,231,677 Chicago Phone Company to Expand CHICAGO, Feb. 2. The stockholders of th Chlcstw Teip avnaMCl maotlag on No Change in Sugar Prices NEW YORK, Feb. 2. Fine granulated sugar remained unchanged today at 6.75c. The last sale of spot Cuban raws was at 4.80a unchanged. Champion Copper I'ayg $6.40 a Share BOSTONy Feb. 2. The directors of the Champion. Copper Company have declared a dividend ot $6.40 a share, making $93.60' since February 21, 1915, when payments J were resumed. The previous payment of $6.40 was made on December 4, 1016, Beet Sugar Declares Extra NEW YORK, Feb, 2. The American Beet Sugar Company declared an extra dividend of $12 a share on the common stock. The regular rate on the common was raised from 16 to $8 a share and the regular quar terly dividend ot f 1,50 on tlio .preferred was also declared. lOlnilil do rv AU 1 1 IMLO V LK&WV 4s 611110 Ileth Steel 1st Ss . 20(111 Hrnden Copper Cs OJIKid Urkn Itp Tr 6s 1U18 r.lllill Hush Term 5s 1100(1 Can Govt "is 10 11 1 1 K HI ,1a 0s 1S2II 120011 do 5s mil lllOIIII Cal Gas a Eleo la soon Cent Leather 1st 6a Wioo Cent Pac 1st 4s . li 0(10 Chill Copper 7 J.IOlKl Ches & Ohio cv 4VtS 0(100 do 4'4s . . JlfiOOO do conv fis 711000 Chi & Alton 3s 211(1(1 Chi Ot West 4s 410(10 Chi It & Q Joint 4 r.nnn Chi M tr St v Bin 4s llioiio do rfd 4U .. 21000 do conv r,s 70110 do cv 4'js . 31(100 Chi II I A ! rfd 4 70011 do Bs . 1HOUII Clev Sh Line Vis 4(100 Col Industrial rs JOO00 Col & South 4'm mono flu of Purls lis I -'Mill Con tins conv (Is 12110(1 I'orn Prod ris 10JI. 4000 Den & Rio Gr rfil 8a MH.0 do 5s loiiod Detroit I'nlted 4Vaa 1 400(1 !! Secur Corp 0s . 2000 Du Pont Powder 4'as (illlll) Dul & Iron ItmiKe ns 4000 Krlo conv 4s 8er A 2000 cien CleL deb Ga nuoo liavanu nice 6a loon llud (- Man In 6a . 1000 do rfd 5s 1000 III Steel deb 4Vas laiiou Indiana Steel 5s 2J000 Interb Met 4U . 3000(1 Interb II T ref 0s 1011000 Inter Mer Mar Bs . 5000 Internl Paper s 1000 Inter Asr 5s 1000 K C Ft H & St 4a 1000 Kan City So ha , 1(100 Klnsn Co Kiev 4m (10(111 Lacka Steel 5s 1923 iiiiiii ao ns juoi) . . 100(1 Laclede Oas rfd 5a 2000 I.h Sh deb 4a 1028 . 5000 I.lg i. M T 6s . 1000 Lorlllnrd 5h . . . KIOO Lou li Naeh gen 8a . 1000 do 4a llilllO Jin Pet Co 6a 8er A 1000 do Bs Ser C 1000 Milwaukee Oda 4s . 2000 Minn & St L 4a . 1000 do 6a 1 JOO0 Mo Pso W L 5a 1023 72O0O Mo Pao 4a w I . . . . 17000 Montana Power 6s . 1000 Nat Tllbii 5n .. 0H000 N V C It II Ba 1000 N Y City 4s 1057. KIOO do 4a 1050 .... 11(100 do 4'ts 10R0 . 2(1000 do !';. 11)4(1. . 61)011 do 4Vs Nov 1057 12000 N Y N II ( II III . 28000 N Y Ont & W 1st 4a 1B00O N Y nwy adj 6a , 2000 N Y Tel Ken 4 Via , N0OO Norf A West 4a 50001) Nor Pao prior 4s 111000 Pao Tel hs . . 17(101) Pao Cla 5a , , ... 1000 Penna 4a 1048. 11000 do Ken ct 4',ja . Kino do en 4(4s . 40(10 Pub Serv N J 5 111000 Heading- Ken 4a 170(1(1 Ilepub Cuba 5a 1001 171100 Hrp Ir & H 6a 1000 Itlo Gr Ic W lat 4a 1000 Ht I. I M & 8 Ken 5a 61000 St I. A 8 F ajt 0a II 1000 do Ken 8a ... llfllinn do 4a Per A 02000 do 5a Ser B nono Ht L Swn 1st 4a 140011 Seaboard A L adj 5a 10000 South Pac cv 4a 15000 do rfd 4a .. . 70001) South Pao cv 6a 8S000 South Itwy gen 4a 3000 do con Ba. . 2(100 Texaa Co cv 6 8000 Third Ave udj 6a , , 1000 Toklo 5s 2000 To! Bt L A VV 4a 13000 Utah Lt A Pow Bs 1000 II H H 1 II III 800(1 II S nubher . 32HMi u B oivei I urn ... .1004 noon Union Pao lat 4a,,,,, 0S 50fl() do cv 4s.,,...,,.., 04U noon d rfd 4a i4 15000 tin Hwys f 4a ..80 8000 U K of O B A 1 Ss,., 97'i n'lOOl) do Btia 1919 , OAK 137000 do BHa 1021 OOU 4(1000 Va Cur Vhm lat Ba..looi iiiiiii va uwya na ... lou nil'a OJ Hil'a llll 1IIV S7' 114 ll.-i'J Sll4 114 111". Illlll-. "1i? nil'a lull iiiiV 101 4 Ilia N7, !I4I DT'i Sll 114 III1. lmiia .ovS 11-,'i SS'S Sh'a lo.'Vi lu-"a ii i p inou Hid'. njyi njia '' loo'J loj4 mi j, noH IIS loo'-i lojJS OJ. Un 4' oivJ 112 7t-' 03 i Oil1 111! II. 120 K4U m ; (!- 71 4 H3? A () HI sv 121"i IINVi 1141 87 S44 tin Ja (! fit mi 121 S7 4?4 tIM 110)4 IUI'4 103 101 (12 'A o,-, 1(111 Kill 04 04 2d4 2 14 (IS'i (8V 0J'4 0JV4 lll."4 71) IIRV4 II. ii n m me.; 101'4 im Va Kil'a OJ 02 02 71la 71W 7IV4 SDH Mt Wli, 8V fi", R5 101 101 llll 11 II', in 102. Iti2 102V. finl. flil& fiaiK .102V, 101,4 KljU ini'.n mm 101 Jl.li llS'i 113VJ 117 lllll ion H3, r.o no Oli'i imvl 100 102 10IIU 101', 101 07 1113 101! IMS B'l III) imli (IB'2 iiuVS 102 Illlll, 101'J Kit 1)7 nn 10(1 1135a 611 00 IIO'I nii'i 100 102 KHiK loin IU1 103 1II3T4 IimT, Nl 38 llll'i 117 114 ion1 (IH nio 104V4 104, 1II4H losI iot louH 1034 1II3"J. 10S! SH linu v& 101 liaVi 111) J03J, 10314 lime, 1011 lOlltS lllllU 112'! nj'j 112 iihH HOK sst; HI li)V4 "I. J 180 100 LIVE. STOCK QUOTATIONS CHICACJO. Feb . IlOflS Hecelpt. 18,000 head Market 10fP16o bljuer, llUed and butchers. U1.85W1190J good heavy, 811650 rn Bvy iii.oovii.mii iigni. ail. sa ra 10.40 B 10 03l bulk. tll.OeZll TK LW Racelpta, 15,00(1 bend. llark.t SirvlMi, . J..V", .I.WW M.7i10; 11 9 Or rpuah rfll.75lrpU5i CATTL- 12 101cowa and h.ir,,r. lwt-s ami fjjhke. 8tl 5048.IM), I SSSJfli. !. lUB.Itm MM U.nn.lBn.F a. .h I - -wfJ""l . "" M.78V10 4V UM rmr 4t, -arm ei I Tli rilP ftffiff- mmiigB&z-BZtiZ 1", mi 1IK, lh?, Kill 110 lojtr 102JI 1 1154 7IH 71V4 112H 112ti 112 III) (HV, 08'A 811 81'$ MV 711'4 70(4 7DU 01V4 (I2J (IS'l 8I1 R" "H II2T 1US lioi? 10214 Kit' 102S 76 74I 74 102i K)2 lt)o 10t4 101s lni, 7() 70 in 77a 77 77!. bo not: no" 107 1117 107 102 1112 102 lim'.fc innu 184. IIKCi MOVEMENTS OF STOCKS IN NEW YORK - ARE FOLLOWED ON LOCAL EXCPIANGE Keystone Telephone to Extend Vjoting Trust for Five Years, Dating From February 1 National Properties Merger Details RA00O Vab-1' T lat ct. f p 4a. 84 IZlimi weal r.ieciric oa... 20000 Weal lid lat 4a ,., 100H Weat Union 4Hs. 15000 VVheallnc A L K 4a. 84 Va oi5 75 U 410 80Vi 1141 1I3U 311 117 mi'. 011 nio loo .33', 102V, 76VJ !l HUM With the uncertainty ot the International situation no one In tho Street expected that stocks would show any Impiovement In the trading on 'Change today, and therefore no one was disappointed when tho general movement continued lo be on a scale down ward Losses, as was the case 'yesterday, wero brought about principally becauso of the Irregularity displayed In Wall street during the day, tho movement hero being sjmpathetie For a brief period the changes In prices wero Inclined t be to a Bllghtiy higher range, but In tho afternoon when renewed selling took place In New York, forcing prices downward, the pamo course wns fol lowed here Most of the trading In local Issues wns done in Philadelphia Itapld Transit trust ceitlflcntes At ono tlmo tho price was off more than a point, but somo of this was recovered' Union Traction showed a loss of nearlv a point, while the low mntk on Dlectilo Slorngo Battery was 1 lt below the final of jestcrday Tho weak est stock on the list was Cramp Shipbuild ing, which wns off 4 points Tho voting trust for the common stock nf the Kej stone Telephone Compmy Is to bo extended for live jears, dating from Februniv 1 The voting trust, which was dated February 2. 1914 exphed estcrday nnd, nccordlnglv, the voting trust certifi cates were stricken from the regular list of the Philadelphia Stock Ifxchangc today. Tho company had planned to have the new agreement effective with the expiration of Hie old, but theio wero some delajs, duo I principally to the fact that all ot tho voting dated companies trustees were not In the city to place their signatures on tho ngrccment. Tho majority of the $5,000,000. common biock win bei deposited under the agreement. The trustees' will remain the same. While no official announcement has been made regarding the merger of National Properties Company, the National Oas, Dlectrle and Power Company nnd tho Jer sey Central Traction Company, under the nnmo of tho National Utilities Company, It Is understood thnt tho consolidation will be effective ns of March 1. The National Utilities will acquire all of tho common stock of tho three companies. Tho mew company will Issuo $3,000,000 bIx per cent cumulative preferred stock, $4,000,000 common stock and $2,600,000 three-year six per cent notes, secured by tho purchased properties. The authorized capital of tho company, which Is to bo Incorporated under the laws of Delaware, is to bo $10,000,000 preferred stock, the same amount In common stock and $2,600, 000 of the thrcc-.vear notes. The net earn ings of all subsidiary companies In the year ended December 31, 1916, were. Na tlonnl Properties Company, $1,119,193; Nn. tlonal Oas, niectrlo Light and Power Com pany, approximately $210,000; Jersey Cen tral Traction and electric light fijetom, $44,333; total, $1,373,527 Van Horn Dly, piosident of the Nntlonnl Properties Com pany, nnd the American Hallways Com pany, a subsldlaiy, Is to continue In net ho charge or mo operations oi tno consoll- WHEAT IS AWAITING WASHINGTON ANSWER Trading Restricted, With Prices Irregular Market Ends Nervous ( IlirW.O. Tel). 2. Tho western weather foreriint Indicates fair and. continued cold lodn, unit tomorrow fair with slonly rlamg temperatures. , CHICAGO Feb. 2. Trade In wheat was lestrlctcd today pending further develop ments In the crisis In the relations between the United States and Get many The tone of the maihet was Irregular nnd the feeling at the end was nervous New crop deliveries, after scoring a de. elded Impiovement ns tho lesult of a sensa tional situation west ot tho Missouri nivcr, sold off from tho top ufider a renewal ot the liquidation, but closed above yesterday's final prices. It has been extremely cold In the section of tho belt mentioned, with high winds, and It Is believed that poorly seeded crops in much of that area will suffer gieatly. Although May got above yesterday's doe at one tlmo it was undr pressuro and finished weaker, but above tho bottom The high on May was $1 64 ',2, tho low $1.59T. and the close $161 to $1.6034, compared with $1 63U. vesterday's last price. July, nfter selling as low ns S1.41V4. moved up to $1.45, closin'g at $1.43:V8(i( $143'B, against $1.41 at tho end yes terday September, after touching $1 32, or '40 below yesterday's close, moved up to $1 35, closing at $1 33?st?$l 33V Tho Modern Miller said that there is de ficiency of moisture In virtually tho cntlro Kansas wheat territory, creating an un favorable condition There are only isolated cases wheftj the camlnation of tho roots show the same to be dried up. There Is no snow covering throughout the major portion of tho w Intel wheat belt, with temperatures as low at 10 degrees below zero. Uxports of wheat and flour from the United States for the week were 6,603.276 bushels, against 10,567,676 bushels a year ngo, since July 1 they amount to 220,439, 446 bushels, compared with 256,323,303 bushels in the previous season. Exports fiom Argentina for tho week were 1,721,000 bushels; the visible supply there is 5,300,000 bushels. I ending futures ranged ns follows: Wheat Open. Illsh Low Close. May 1 03 1 04-4 1 B0'4 1 01 July . 1.43'4 1 4', 1.44V4 1 431 Sept 1 32Va 1 31 1 32 1.33 corn tnew ueinerv COTTON DROPS FAR AFTER BETTER START Prices Go Off 45 to 59 Points After Call 'Change .to Re main Open cotton nELT vvnvrnnn conditions. MOT lOmt. Feb. 2. Mneh colder weather wan reported In the southern part or tne lotion licit tins morning There wns .0.! Inch of preclpltntlnn nt .on men ut j Inch at Jac nriit .Ull Inch lit Mnenn AiigiiMlni .18 Inch nt riiurlestnnt 44 acksonviuei l.ut incne nt jtnomaa- 117'fc tin1. 52 52Va May Jim Oats May . Jul) t.ara May . 10 12 July . 10 17 Itlba May . 14.06 July.. Pork May.. 28 00 Julv . 27 70 Bid. tAaked ORU 07U 16 30 10 40 11 2(1 15 30 18 71 !8 45 B'4 B5'4 62'a 51S4 oot. 00 r2'4 61'a in on 10 17 14 no 15 22 28 00 27.70 10 17 10 32 tl.f 12 15 25 2R 27 28 07 Tes ctoso 1 0.34 1 41 132-4 07 00 52 Vi 62a 10 02 16 17 14 02 15 07 28 17 27 75 Financial Briefs 1I4U 111 an s7 not. iioS 10(11 J 1110 83U 1022 on BOH Sears, Koebuck & Co. sales In January were $13,183,812, an increase of $3,633,561, or 38 per cent. The gross revenues of the Commonwealth Power, Hallway and Light Company for tho year ended December 31. totaled $16, 962,006, an Increase of $2,372,483 as com pared with the previous year. The net In come was $2,651,742 or $356,155 greater. The stockholders of tho City Insurance Company of Pennsylvania will meet March 26 in Pittsburgh to vote upon proposed In crease In capital from $200,000 to $500,000. The Central Indiana Gas Company re ports gross earnings for the calendar year 191G of $962,465, net $269,576 and a bal ance, after charges, of $150,876, The American Milling Company reports for the quarter ended November 30 net earnings of $226,394', which Is at the rate of 10V4 per cent per annum on the pre ferred Btoclc, ns compared with actual earn ings for the previous year of 4i per cent on this Issue. Net earnings of $16,544,636 have beeen reported by Uje Republic Iron and Steel Company for tho year 1916, an Increase of $11,105,038 over tho previous year. Bal ance on hand after payments was $13,039,. 163, a gain ot $10,710,844. The Curtlss Securities Company, of New York, has certified at Albany that it has Increased its capital 'from $10,000,000 to $15,000,000, The New York Subtreasury lost $351,000 to tho banks on Thursday, reducing the cash net gain since Friday to $4,036,000 The annual meeting of the Mackay Com panies will be held In Boston on Febru ary 16. DurJn?.. l?5,ceim,ber ""y-nlne, railroads earned $81,631,471 and expended $58 964. 273, The netA revenues totaled were '$2'. 577,201, as compared with $23,738,901 "for December, 1915. or BAR SILVER ' 'l aat 1B1T N , Today, Tes. Frl. High. Low London (ponce) . s7, 87',, 87., , i. St' New Tor (ecnta) 78V 70Vi 70V 77 ?Ji January Failures Below Last Year NEW YORK. Feb. 2. There were 1558 failures reported to Bradstreet's for Janu ary, an increase pf is per cent over De cember, and the largest recorded since March, but l3.i pir cent 1cm than January a year ago and 14 per cent smaller than January, -1915. The HaWlUls avmounted to :,,?, M ItWtvtU fef U B)t,pt (WaT Solvay Pays Special Dividend SYRACUSE. Feb. 2 The Solvay Com pany declared regular quarterly dividend of 2 per cent and an extra dividend of 3 per cent, payable February 20 lo stock of record February 6. Also a special dividend of 20 per cent, payable April 16 to stock of record Marph 1 Stockholders will vote on Increase of capital from $10,000,000 n $20,000,000 February 27, Ot the Increased capital $2,000,000 Is to be offered to share, holders on the basis of 20 per cent of hold ings March 2, . NEW YORK BUTTER AND EGGS loWKbJSSrfi oT.'b... ltfE?$5!&& nnd Inch lllle. NEW YORK, Feb. 2 Tlio opening ot ' the cotton market was much more orderly than on Thursday and the tome held ftirly steady during the call. March showed an advance of 15 points, whllo May, the first price for which was 12 points up, declined 16 points and showed a net drop of 4 points on the call. Other months were un changed to six points off. Liverpool was a largo buyer of virtually all positions, but nil other Interests oper ated on both sides of the market. After the call a wave of selling came In which, more than filled a good demand from up town operators and forced prices down more than H cent per pound In the first nfteon minutes, March showlnga drop of 59 points from tho opening, May 17 points and July 40 points. Within ten minutes after the end of th call tho market suffered a severe brea". prices declining rapidly 45 to 59 points aft tho Initial lovels, with the selling genera. There .was evidence of nervousness all around, but a decision of the board of m: agers to keep the exchange open, which was reached at a meeting held before the opening, was favorably commented upon all around. Liverpool reported declines at tho tlmo of the start here of 27 points Trading was much less actlvo late in le morning, but the tone was unsettled and fluctuations irregular. May contracts to ward midday were around 14.82, or about 22 points net lower. Yes closo Open 11 a m. 12 m 1, n March 15 III) 15 10 14 78 14 75 Is. I May 15 111 16 20 14 92 14 011 t .f July 16 17 16 09 14 R'l 14 03 I .7 October . . 14 04 14 52 14 33 14 41 14 8 December.... 14 41 14 05 bpot 14 75 Liverpool Cotton LIVERPOOL, Feb. 2 Spot cotton was quiet today and prices were 70 points lower on tho basis of 10.33d for mid-upland Tho sales aggregated 7000 bales, including 6000 bales American. Tho Imports weie 7000 bales, all American. The market foi futures closed quiet at a net decline of 45 (k 50 points. GERMAN THREAT "BLUFF," IS LONDON TRADERS' VIEW American Securities Are Flat, With Prices Nominal Trading Is Not Brisk LONDON. Feb. 2 American securities on the stock exchange were flat today at prices were nominal. Other departmer were steady to firm. Ttadlng was not brisk. Germany's naval threats had no effect They were regarded as largely a "bluff ' Sentiment ) the gilt-edged section was cheerful and prices wero higher Tliero was good buying of the six per cent c . chequer bonds. Home rails hardened again on the latest dividend announcements. Canadians wero flabby nrid low er In sympathy with Yankees Light realizing occurred In Argentine lines Mexican roads were strong on rumors of an understanding between the United States nnd the de facto Government. For eigners were slow. The Treasury made a further announce ment with regard to the sale abroad of foreign securities, not required for ex change purposes, to the effect that their export would not bo allowed unless the sale had been effected previously to tho issuance of tho notice. Atchlaon Canadian Pacific ciie & Ohio . ....;; Bt , Paur . . : : : Brie Brie lat nfd , ...... Illinois Central . ... ! I,ouls & Naah N Y Central .... I'ennaihanla Heading houthern Pacific ... Union Paclllo U S Steel ..;.". Increase Decrease, London N.Y 12J30 p.m. equlv, ..mi? JU. . ..noli . . (13 ..:S$ i ..101 .. U7'.i . . HR ..143(4 ..110 no 81 41) J 4'. 100 .,,. -8$ y NEW YORK COFFEE MARKET NEW YORK, Feb. 2. The coffee market vfas more settled at the opening this morn ing, although trading was oulet. Fimt nrlcea V were 2 points lower, with sales about 2500 I IinCR ln fVln nnanlnir Anil ra- - vy.ttmta -UI( Today'., opening January 8 SO 8 80 . . u ......... March April ,,, May ,,,,, Jutra ,.,,, July ..... Auguat ... Heptembcr October ., November December Bid. 8 40O8 41 8 SO- s'rJo'tW B5, s'l'doaii b'i'i iifi is 8 80O8 82 Yesterday's cloae. R K0W8 88 8 37fS 38 N 4'JN 44 H.4SW8 I.) 8 B3f8 14 8 57O8 50 , 8 02(!lSf3 8 (17 8 6S 8 72 ITS 8 73 8.75 8 7 8 7908 80 8,8208 83 RAILROAD EARNINGS NEW Y0BK. NEW HAVKN AND HABTFOHD December groaa ,,, Net . .. ...,, Total Income . , . all month.' groaa,. Net Total Income loin (8 702.182 1.78H 8511 '.' 688,540 41,043,120 jz.uin.iiut 14.435.S07 Increaao $784,028 823,281 044.231) 4 I'.'ll r.14 077,787 1.423.111)1 BT. LOUIS AND SAN FltANCISCO December srose.7, ,..,,, $4,7R4,oea 1435,328 Nt-t 1.448.608 " 1 AMI BIx months' groaa.,,,,., 8,708,014 4782.271 Nat ,. 8,801.695 1,471,888 Ship Co. Pays on Back Dividends MONTREAL, Feb. 2,,-r-blreftora of the Canadd Steamship Line declared a dividend of 7 POT CMt on the Drefarred stock, on 1 1 a I rtr'. h J n. fmuwrm iJUusuir to Ji j J ft ' v i' . n . taj .yj qW);4aWw it . fJ .in o tl-r ,V 1 "ra mFmrw laHMas "f r I, 1 H 1 ' n ' ' ' r) 8tBaalf(v 1 i III 11 i liiiansani naamnaaiM