I tij
FINANCIAL NEWS-NEW YORE AND PHILADELPHIA STOCK MARKET QUOTAS
KV
iWf
fct, . .
ACC4MflK TS THE STATE
MEKT F THE SECRETARY
F THE TREASURY, TWILL
NCTIE NECESSARY TO OFFER
ANOTHER OOVERNMENT
LOAN IN JANUARY, BECAUSE
V OF THE LARGE OVCR-SUB-
SCRIITION TO THE SECOND
LIBERTY LOAN.
WE BELIEVE THAT THIS
SHOULD HAVE A B NEFICIAL
EFFLCT ON THE BOND
MARKET.
REILUY. BROCK A COMPANY
NEW YORK MARKET ENDS THE DAY
WITH LITTLE CHANGE IN PRICES
i Vigorous Advances Recorded in Early Trading
Are Lost m Many Cases Before Close Rail
road Issues in Good Demand
I New York Stock Sales 1
High Points in Today's Financial News
StSckj adianccd In Wall street early In the day, but many gains ucrr lost
later, liallroads tmpioi'cd. Only necessary business tint frniisncfrrf on the
Curb. Corn and totton xcerc higher. Lire and ruble were tt,cak in the foreign
exchange market. Bar silver teas unthanyed in Hew York and London.
lllsh
Ajax Rubber . 0H
Alaska Gold Mine. .1
Alaska Juneau . . 3
Allls. Chalmers Co. 17
Am Hect Sugar... 71
Am Can , . 3214
do prcf . . . 92T4
Am Car & Kdy Co 6114
A in Int Corn . . fil'A
Am Hide & Lentil mi
do prcf . . .
Am Linseed.
do prcf. 02
November
Investment
Suggestions
Our current general circu
lar contains a carefully se
lected and well diversified
list of high-grade bonds
available at attractive prices.
This circular and our com
parison of January and cur
rent bond prices will be of
interest to you if you are
contemplating an invest
ment. e.nd for November circular sni
Price Comparison IK-l
TheNationalCity
Company
1421 Chestnut St, Philadelphia
Nrw-Vnrk
tloalon
han 1 rurulrxc
Pitisi u-ii
THE
HAVILANDARMSTRONG
COMPANY
STOCKS
BONDS
UI8 WALNUT ST.
PHILADELPHIA
NEWY0RK-DDST0N
INTERSTATE
OIL ft REFINING COMPANY
33 PRODUCING WELLS
HEEULMt QUARTERLY DIV13EKB3
IMOM4AT10N UPON rtCQUBST
WE QUOTE
rhe New York Curb (Nov. 3. 1917)
Kei INVKSTJIK.NTS IN Oil. STOCKS
Only the etocl.s of iraen OIL pro
ducers, honestly mnnnKr.1. ably conducted
and paying- dlvtdenda reitularly. should
be choaan for inteatmcnls at thta time
BARNETTOIL&GASCO. "
Is one of the IrartlnK 1ml p ndent tdlil-
, d'pd) paying nil nmipinli a
JLaii?iV lnl)lldenil li-l War
Active dully market on" the Neiv York
I'urb nt (nrniind .' imi)
. ..(?0SE oyer and nliotH par
Ditalled Information
E. H. Clarke
Morton It. Alexander
(It. elil.-nt I'mn-r)
rlloeb Lirhnnice Hid.. I'lillj., 1-j
Tlione I Ml) Nprure
27 mil am Hi Nm York
I)illlL.US
7Ult -S 1 t.t,U..i.lllll H11.K ANfi
1KIM ItMll'ANV
I'lillsdeluhlu. Notember 1 1D17
The Board of Directors hus th.s day declared
. HKMIANNUAI. DlVllltiXU Of Sl m) Pl'li
CENT, clesr of tax. payable DeccmoVr 1 1W17
to stockholders ss registered un the books of
the company ut iloso of business Jot ember ,
The Transfer Hooka will be rlosed from No
tember U tu NovemWr so 1IH7
liAI.l'll I l.uvrmsti
m. . - . lrHHtrtr
OBTIIllF.STr.KN .VVTIIlNAL IIVMv I
.. I'nllsdelphla. I'a . .November Tin. Ial7.
Tha Dlrectora have thla riuv H.ph...i u ...i I
suiunua I dividend of eltht (8) per tent, clear of
tax. (.htiLa will L mailed
UNFOnD c. Ntcn.
Cashier
NRW YORK. Nov. 9.
Active trading In the stoclc market was displayed loilny. Trading strength
nml weakness left the mnrkct nt tho cml showing llttlo net change In tho
majority of Issues from e8tcriln'H final price, lrtcgtilui Ity nt tho opening
was followed by vigorous advances nil through tho list, with many stocKs link
ing gains of 3 to 4 points, but lifter these gains dealings Mulcted down, ami when
moro ncthlty prevailed a reaction occurred, which wiped out many previous
gains.
Marino preferred, which closed jesterd.iv nt 114, rose to 9"t, nnd then te
nded to 95 In tlio final .trading. United Stutes Steel common moved In the same
way, advancing 2 points to 0'i. and then declining more than I point, und Ileth
hem Steel B, after advancing 34 to 7S?. lost the gi enter part of Its gain. There
was lenewed liquidation In General .Motors which made that stoik exceptionally
heavy all through the day nnd forced It from 81 to the new low record of IS1),
Many of the railroad stocks were In better demand us the result of tho
Washington advices that tho Federal Board Is considering acceptances of rail
road notes for rediscount It is generally tttidei stood lierc that corporation
notes will be accepted, und that, nlso, It wna stated that the $:'f,000,OOU Amcr
lean Tobacco notes will be accepted by the Tederal He-servo Board.
The belief prevailed that this action will facilitate a icsiimpt.on bf lallnad
maintenance and Improvements on n largo statu that must be lellected In un
Increased domestic demand foi Mulshed steel product nnd other manufacturLS.
The most Important feature of the bond market was the det'lno In I,lbeity
314s to the new low record of 99 28.
liargains in Railroad Securities
In the midst of the present depression In values, one of the Important und
refreshing phases of the general situation is the strong recommendation for
their put chase being given bj impoitnnt interests In the Street. There arc
many influential Interests who are advocating the purchase at these levels of
nil lallrond securities that are known to be intrlnslcallj worth much moro than
they nro selling for.
It Is being pointed out in banking circles Hint the list holds forth bargains
that have never before been offered, and this with virtual assurance of rato
advunces In tho near future.
In this connection It may be stated that very little doubt clsts tint the
Interstate Commerce Commission will mako a favorable decision In the eastern
roads' rate case. This Is initially seen In the action of shippers In not ener
getlcall opposing the claims of the Carrleis nnd who havo gono on record ns
willing to abide b the commission's opinion.
Of course, such Increase us maj be given will not Miow In net earnings until
net j car, but Its face value will help tne situation great'j and assure contin
uation of dividends by roads that arc now only earning their fixed rato b) a
scant margin.
As nn instance of the way some railroad presidents feel, the statement by
Daniel "Wlllard, of the Baltimore and Ohio, at the rate hearing, that ho did not
know whether the C per cent on his common stock could be maintained, as tho
margin of surplus over It was small, may" be cited So, with larger net In
prospect thiough increased rntes. there Is small doubt that his directory will vote
to hold the dividend ut the present tigurc
04 14
II
so
7V.4
101
A2K.
A.I
;
i no
Am Locomotive
do pref. . , .
Am Malt
do pref.
Am Smelting
do prcf
Am Sum Tob
Am Steel Kdrj
Am Sugai .
do pref
Am Tel & Til
Am Tobacto .
do pref new
Am Wool
Am Writing l'.ippf JO'H
Am Zinc & Lead.. I J
Anaconda. . .. !tVi
Atihlson . . HI'li
do prcf , HV
Atlantic O & W I 1)1 '4
do pref ....
Il.tldvWu I.ocomo
Daltlmote & Ohio
do pref
llaiictt Co
JJeth Stet .
do U . .
do pref I c
Ilrook It T
Hums llros
liuttn & Sup t'oii
Cul Petroleum
do prcf
Net
Imw Close cliff.
.10 soft ..
.1 3 ..
3 a ,4
lOVft 17
70U 71 1
31 3Z -rl
021. OtV
'4 01 Vt IV4
40 BOVi -HJi
12 114 4 'A
A3 fllJ6 ftiyi i
S014 24H 20 2
BOi 02 2'i
4 44 li
IflH, 04V4 2
II 11 4
Al SO Vj
71 721 H 1
101 101 Vm
HI B2? IK,
A I A2y 4 1V
R0V4 0! 3
10HV4 100 "A
I0V14 I0t'i 10 "a
173V. 173 1734 l')'l
DV4
:ih,
A0
Al'i
Aiy
112
NS
7HV4
71)
07
4U
0U
:i
in
n W
82
SI
8
1)2
0H
r.iy(
son
112
87
7714
7.'. Vt
Ol
11 V
03 U 1"i
3R
10
mi
BIV4
HI 14
81
l)24
B0
0314
fit 14
02
88
7H14
V.
Oi
2
11
14
H V
14
1T4
t-
l''
374
7BV4 i'ii
07 1
41 '4 V
Sales in
nigh.
Alliance Ins .,
80 Halt A Ohio. B2T4
18 Huff & 8 pt B0
0 Hrlll JO 11
24 Cam Iron . 43
30 Col I'uel & I SI 14
10 Blec Storage 47
A0 Distillers Sec 33
A2 Ins Co N A. 23
100 Key Tel
in Kennccott
200.1 Lk Sup Cor.
282 Lchlcli Nav
777 do war w I
1A Leh Valley
loo North Cent
200 Nev Cons
ladelphia I
. .
Net
law. rinse, rhke.
., t,!)
B2T4 B214
B0 B0
11 11 '4
43 43 ,
31 3114 V4
47 47
38 t)4 114
24 21
014 tV4 '4
2014 2014
1014 1014 Vi
B714 8114 .,
0 0 '
83 A V "
77 77 114
104 lV4 "
4714 471i "
2BU 2BVI V
.U 32 3
25 2A14 U
23
S3 2414 "
70
0114 on 3
Si". A '4
404 4 '4
tin
08 08 14
ooi 0114 H
10!) 100 O'i
8 H
4i n 114
70 70 314
till 14 10114 10114 -
17
12
30
1V
lt)T,
30
17 ".
"'. "h
30
MONEY-LnNDINt. itATES
Mill OKK Mone on call opened at
3Vj per cent, high, 1, low. 3S ! last. 4:
closed, 3'iiil. ruling rate. 3'4 per cent
The decline In tne securities markets
automatical)) released the money strain
nnd today the demand foi time was under
the available supplj There was otherwise
no change In tho hnmed ate situation
Hates arc quoted unchanged on good
mixed nnd Industrials alike at S ? If i ?J per
cent for three nnd four months The banks
on the week, up to the close of business on
Thursdav, and los-t to tho Subtreasury
$14 047,000 Thero weie no gold move
mei.ts The change In New York Hxchange at
Montreal. to n premium after a long suc
cession of discounts, precludes the exporta
tion of the J2",0f i.OOO In gold to Canada
which has been und-r d scusslon for some
time recently The New York Federal Re
serve Dank had a credit at the Clearing
House. Including todaj's statement, of
1 19.1.502 000
Prime bank acceptances nre unchanged
at &i&4 per cent on lnellglbles, and 2
3'i per cent on ellglb'es
PHM. VDKLPIIIA Call, 3 percent; time,
Cir?4 per cent Commertlil paper, three
to four months. S'faG'i per cent, sl
months. JVssa; per cent
t"
JLEOAI, Amr-RTIsKVinNTS
KSTATK OP JAMKS POI.IOCK, DK-
eeaaed Lettera lHlamnl,.u nH .k-
sbove estate havlnz hern sranted to the under
urned. all persons Indebted to the said estate
re requested to make payment, and those
hsvlnat claims to present tha same, without
oeKty, to
THE INDt'STHtAl. TRUST TITI.n
AND SAVINGS r-o
JOHN O CARntTH President,
and nOI.ANn n POLLOCK
lO'iO-V.' N Front at.. Phlla Pa
LONDON STOCK MARKET
Business Is Quiet and Attendance
Small Americans .Arc Weaker
LONDON, Nov, 9. The news from Ietro
Crad was Ignored on the stock exchange to
day. Business was uulet. being restricted
by the, Lord Mtjor'B show, which interrupts
traffic. The attendance was small.
Americans were weaker, following the
market at New York. Canadian Pacifies
were reactionary and Grand Trunks sym
pathized Home lines were cheerful and
moved up, Argentine rails lacked steadi
ness and generally drooped.
The gfU-tdged section was hard. Allied
bonds were firm with the exceptlpn of Rus
sian descriptions. Prices ' for the latter
were nominal and a disposition was shown
to wait for further advices from. Petrpgrad.
Mines held well, but dealings In them
were not brisk. Oil shares were cheerful
In, spots Strength was noted In shipping
fiaues.
LOCAL MINING STOCKS.
TO.NOPAII '
ma
jim iiuiier . . i . ..
?ticNamar .. .. '. ,
Ilrtway ..... . . ....
Mtznah Kstenslon . .
FOREIGN EXCHANGE
NHW YORK. Nov 9 The decline In
Italian exchange, following the nillltarj de
feats, took on fresh momentum this morn
ing, with a further lots of about 9 centimes
following the previous weakness Business
In Scandinavian was at a minimum Swiss
exchange was a firm feature und was verj
scarce Aside from the above there was
no appreciable change and no activity In
the market '
The further bad break In Italian exchange
and In rubles had a paralyzing effect upon
the early market, so that quotations were
largely nominal The tone outside of theso
two particular classes was fairly steady
Rubles at opening figures compared with
51 50, the normal, showed a discount of 79
per cent. Italian exchar c at the opening
showed a discount of about 40 per cjnt
Shortl) before noon lire continued their
downward course, recording a still further
break from opening of 7c. the new low rec
ords were 8 52 for cables and 8 50 forrhecks
Rubles were about nominal ut llsfal'i. or
within a fraction of tho low record
The slump this afternoon brought lire
down to 8 58 for cables und 8 CO for checks,
a loss ot 23c over night and a decline of 56o
from November 1 Rubles held nominally
around 1114 CU134 The general market
was steady.
Quotations were:
Demand rterllng 4 73 3-1G. cables
4.76 7-16. sixty-day bills nominally 4.7115,
ninety-day bills 4 G9fe.
1'ranc cables 4.38, checks 4,41
Clullder cables 44, checks 43:
pesetas cauies - ua, cnecics .s.&a.
Ruble cables 11.70, checks 11.50
btockholm cables 13'i, checks 43.
Chrlstlanla and Copenhagen cables 38,
checks 351b.
Lire gables 8 44, checks 8.45.
NEW YORK COl-fEE MARKET
NHW YORK Nov 9 The onffec market
opened unehinged to 1 point lower There
was a moderate trade and ordcis teemed
to be pretty well divided, nnd Immediate!)
following the call prices held around last
night's final Hgures.
Yist
Open lllch Lou Close close
Iierember .7 10 7 J I 1 s 7 .'1 7 10
Januar . 7 -" 7 2", 7 .11 7 17
Vlanh 7 4H 7 47 7 42 7 47 7 41
Mnv .. 7 I1J 7 ll'i 7 ill 7 III 7 II.'
July 7 70 Ihl 7 Ml 7 711 7 7K
September . . 7 HI 7 111 7 92 7 Oi 7 1)2
RAILROAD EARNINGS
cmc.vao cnn.vT vvnsTEnv, '
1017 Jmrease
Kourth week October.. . 141.7n"i 144 11S
Mnnlh .. . . 1.4V. 40 1 11(111711
From Januar) 1 . 53 .""0 xna 317.444
TOLEDO. ST LOUtS AND WESTBKV
Sentember eross . JU4J 04", m nil)
Net . . . in.' oil an 4S2
Mn months' cross.. ' 1J" 40.' Sim ujn
Not 1.3SS 0JU 41 2S-,
MINNEAPOLIS, St PAPL,AND MAULTB STE
October
rourth weel.
Monin
Prom January
tl 010 4ril
.1 I. "I n;o
2S .IS-, S7-'
GIIEAT NOnTHEIlV
October cross . . . s Oil 771
Ten months eross 73 ni us
IIL'IILINUTOV
Septembcr Eross $10 I'll" sii
Net J J74 7H1
Nine months' urois .. in 2S1 (H1)
Net .. .'O b'lll lift!
Decrease
J-'-. 417
11 III",
330 037
S13S (I'll
B S17 410
T S-,7
.' nml 111
11 .'02 .'IS
3511 30!)
Montana.
North Btfir ..
X' scue Eula,
West Kil ...
AtUnta
). Hull ... ..
Vsoth .,
nhu It Hi.
iwlny .....
"" v
UOLUFIELU
... .73
... .20
. .. ."i
... .ns
.-, .14
... .1 l
.. (S,
.. .Ill
.. .nt
., .03
.1 ."3
.. ,0
.. . 1
.. r
.DO
aiulsloera Krudall . . ,
rr t'lca J . ...
JUHCKLL.-VKOUa
United 20
Wander 1.33
u illolaif ,. .
Al
.77
.23
,10
.nT7
IS.
70
ID
.02
.lis
03
US
.10
02
.19
.2.1
1.30
SO
Anrillary Receiver for Stock Iirokers
Judgo Dickinson, of the I'ederal Court,
today appointed Joseph L Bhrenielch an
cillary receiver for W W Kasterda) & Co,
stock brokers, with ofllcjs In tho Widcnei
Building, and fixing the lecclvcr's bond at
$1000 The principal office of the firm te
at 42 Broadwa), New York Its members
are William W Basterday and Samuel C.
Wheeler. On November 1 creditors tiled
bankruptcy proceedings against the brdkers
In New York, and Isidore Wassenvogel was
appointed receiver In that,, jurisdiction.
INACTIVE NEW YORK STOCKS
I'ollowlng are quotations for Inactive
stocl(3 listed on the New York Stock Ex
change and Jn which there were no trans
actions today The price given Is the last
previous sale:
AIIBtl' ctfs lOj Mich Central i)n
A n H ft r cfs pf 11 JJInn Si St L new in
A II S P pref lit Morris & Essex Ki
Adams Express 111 Mrrl ft Kssex pf 1 1 2
Alliance numel 12 M Hi I 'SSM pref tf
Allls-Chalm pref 77i Nat Aeme J'
Am Afc-r i r"'-, o ?S "'scuit
Am Asr Chem Pf J Nat Learf
ni iiri ru"i -.. . A.mnn tsak a
Am Cotton Oil . s.". Nr, p,k A- iiisj
Air Express . I'O Nat Pnm 4 Stn pf'oj
Am Ice nret. . . Nt nrt Me ji? SJ V.
Am Ic- Sec 1" Nt im Mex we? jo
Am Hinelt rret A J)sVa .t mi ,, g"
Am Hmelt h. . J N O Tex A jT,"111 U"K
. u..B..,.a nri i i - ix
JKm nviui",i ,..-. .. , iora
n.
40H
Canadian I'utlllc 11111 ISCS 11114 114
Central Leather . 0114 !i 01 4 I14
9014 0914 OOVi
lli4 30 30
(ID .17 39
tfl'i, 1114 4 1
7 7 7..
20 S 21)
:i')'l 3714 3U 2
77
1)1
IH
41
30
1.1
38
.11 "4
28N
Hilt.
78 h
2(1'4
8014
.ll'l
20
7')
08
97 '4
do pn'f
Cerro de Pnsro
Chandler Motors.
Cliesa & Ohio.
Chi 11 real West
do prcf
Chi M & St P...
do pref .
Chi & Northwest
Chi R I & I 'no t c
do G i c t c
do 7 p c pf t c
Chill Coppet
Chlno Con t'opixr
Col I'uel & Iron
Col (las . Bleu
Consul tins . .
font Can
Corn Products
do pref
Crucible Sttcl
Cub i Cane Sugir
do pref . . .
Deero Co pref
Del K. Hudson .
Dome Mines 7
2K
3714
70V
1)14
17
40 )i
no
12 ,
37
31
28
80 "4
78
21
88
Al,4
21
78
08
07 14
7V4
31
II
22
in
3014
I
"4
).
70
01
l14 "i
40"),
AO
1214
37
31
2814
81
78
20
884
.12 4
'4
J-
14
1
It
1
1
Distill Secur . .11
Brio HYi
do 1st pref 2214
do 2d pref Iflla
Castou Williams .1014
Clcnerut Blec Co UVU 121
General Motcrs .81 70
Goodrich II V 30 314
"Ot Northern pref 01 90
Ot North Oie subs 21'b 214
Gulf State Steel 80 80
Hnskell f. Darker 27 27
Illinois Central 01 04'4
Inspiration Cop 40V4 38'4 40 11!
Interbor-Con Corp 7 0 14
do pref 1014 41 II
Int Harv of N J 10 una- loo .114
Int Mer Marine 2(1 2.1 2014 114
do pref . H7V4 01'4 V4 1
Internl Paper 20'4 10 Vt
Int Nickel 28 20
1314
44
2.H4 14
70 1
98 114
U74 "i
714 14
31 -I 114
1I4
2214 114
10T4 1V
M!4 4
21 1
78 2
3194 14
00 ..
21 '4 1'4
80
27
91 1
Kuiisas City South 14
do pref
Kennecott Copper
Lacka Steel
Lake rle & W .
Lehigh Valle)
Lee Rub X. Tire
I,oulsv & Nash.
Munhat Bl .
Mnx Motors
do 1st prcf
Mex Petrol
4l4
20
7014
!
.13 4
m.
113
98
2114
B2
70V4
Miami Con Copper 27
28
(19
9
B3
13 13
11214 113
98
21
Bl
75
27
'4
Vt
-i 3T4
t'"
H4
20
2014
1114
44
2914
10V
9
B114 l"i
13 1
H
M S P S. S St M
Mldvalo
Mo Kan S. Tex .
do pref .
Missouri Pacific
do ctfs . .
Montana Power
Nat Con &. Cable
Nat Bnamcl & Stp 314
Nevada Con Cop. 10
N Y Air Brake. 102
81 4
4214
4 It
7V4
2214
10
0114
2114
New Yoik Cent
xirt st l .
N Y N It & II
N Y O H W . .
Norf & West .
North Pacific
Nova Scotia Steel 7014
. T-l fable
Am T ft T Id t
Am Woolen href
Am Zinc I L Pf
Ass'i I) O 1st pt
asso "ii . ..
All Illrm ft At)
no
1.-1!,
R's
40
r,2.
flic.
''.
Ail nir-n '1',' . ,' i-acino JIa I
Allan Cosst Line 07 S pn.Am Pel
Paid loco pref n'i Pan-Am pet
narrett Co nref.100 pr,f Pt
Iteth Pteel Jiref.. "J PhlU Col .'
;rssd afl Car nref un
'eorla A East iu
a" !"?"?'" !4lJ
CLOiMiXG LIVE STOCK PRICES
9. 'OH1CAOO. Nov . HOOD Keeslpts. IT 000
Ipfeaaafa tomorrow! 15,000 head. Market strons.
' witew? M7fc&vxsF- miss:
wEjJ'jj- bev. 110.23017 4i: rouih.
CJiTTLIi-rRiKTlwl. 9000 bead
" ? ".'""
Jt,ltt slaw
iiHWUl'. -Hy.lflfs. Wt0U liead Market lOttl'So
lih.t: 13.t. LambsJlO-M
KAVKAH CITY, . .lA.YTLE-Klts,
M8JB (vMtst atsrtcet slow, steady,
SoCUt trMSR. tWi bead. McP,e.t 2J
'miuiP psajfcstp, 1W" lt. Market sttady.
KelU
BANK CLEARINGS '
Itank rlearlnss today compared with corre
sponding day last to yeara
11117 1B10. 101.1
Philadelphia, 70 51(1 930 .18(114.(111 S3 S.'t 080
lloston ..ISO OI,7t2 141341731 l1t.NiU.7HJ
New York. .021 184 72H 0B0 '" 88 41 278 201
I'hlcKIIO . 81 18J N1.K4II 421 IU) .147 O-'l
Ht. Louis .. 20 850,813 :O.3B3,0U3 17,140,200
rhiladelphla Trust Has Good Year
The forty-eighth annual report or the
Philadelphia Trust Company shows for ttio
fiscal year ended October 31, 1917' (Jros,
Income. 1 1.446,031 ; disbursements (includ
ing Interest), 1540,312, net Income, J60C
288, balance credit undivided profits Octo
ber 31. 1916, M.G08.420 From this amount
there was deducted 8245,530. charged otr
for reduction In book value of sundry secu
rities, etc. ; $240,000 dividends (6 per cent
per annum) and 2O,O0O epeelal Red Cross
dividend (2 tier cent), leavlnr hulance, of
Undivided profits October 31, 1917, of 81,-
duj.sbs. ine cauititi is ti.vvv.vvu ami sui-plua-
84.0d0,090 Trust funds amount to
312688,908. an Increase of S(.!TJ,178 for
tho year. Corporate trusta tfttkl 8133,30V
000. a gain of 13I330.00( In the banking
department deposits decreased 13,022,310
to 819,928,031, but tho number of depositors
jnercaoed 378 tP total o' 3$ '
Tlrkn Itn USS.,.1"?
llrown Shoe .... TL.
nutterlek .... tnlt
Csl ft Ho 1st pref J"
Cent Pdy Bo . 27
Cent 8 Am Tel.,1'1'4
NYC ft si 1 i!
Norf ft South, " Sis;
North Amer Irit
Ohio Fuel V.
'nio lias rts m
Pacific Jfall UJ
pref 00
prior
,uii.:-." "'
Prsarf S1T1
)-eori
i2...iK5",' VM
Plerre-Arrow pf 11"
Qulcksllyer , WT
i'4
AR SILVER
Last
rimr.
i "!;"", niic "uicKsnver pref .
Chi A Alton pref 2X' n,. n,.i-i. ' .
J.',hl ft Y-At tin "v H Hbrlns pf iirt
Cluelt.PeahMy "filjl,. St L ft 8 V I is
I.on . rii sun tTU, Savaes Arroi ... 57
Knt'canreV'?: Hj .V.VSc'k "'th
PSclST.B,ilS Pre'f- ? '; fiSl ?
Rump 1711 ::!-".' -.. "usar. 1CII
it. A n.
": '. J- . .t.n
rube Am "- pi j
Del UrttW.. li
nen ft ino Or, . .",
pen ft nio.Or pf."'
petrol' Edlaon . ,ljj
F.len 8(0' Hat . MV4
Closton-VVlms M
flenersl Cliar , SJH
Oen Clsar pref ('
Oen Motor pref. .71
(loojrlth it y pf 100
(Iranby Mln. . T
tlreene Can Cop 1W
Dulf 8 8U 1st Pf 101
Ilartman Corp .02
Havana F.len . 101,.
HomestsVs Jlln 101H
Int Aarlcul AS
Int Acrlcul
int 11
srv
Int Nickel
Int T'anae
liM,a Cantrul
Iowa Cent pref
Jewel Tea ..
Kelly.Sprlnsneld
KMK U If SI
manu minima pr, -,
standard Mill . hi
Sup bteel .t pf loii
2t?"f F rtl' 1H
'Ihlrd Ava , 17
Tldeivater OH , ,i)j
Tobacco Pfod pf, 03
T Ht L 'VV . "ll!
T Ht L ft W ctfs 8(i
T Ht L ft W pf 30
Twin City h T , 74
Underwood Type sou.
Underwd Typo pf 114
Union Pao pref . 73
.'!"). 9'& Btr ' "3
United Drur 01
Untd Prua- 1st pf so
Untd Drue 2d pf 73
United live Wood
prer , 01
raptr lira uu
snress .is
Realty Imp ISVt
Ohio Gas
Ontario Sliver ..
Owens Bottle . .
Penn It It ....
Peo Gas & C ...
Pere Marqu w i
Pitts & West .
do pref ...
Pitts Coal . ...
do prcf
Pressed Steel Can, .11
Pub Svc Cp N J. 110
Pullman Pal Car
Ry Steel Spring .
Ray Con Copper
Reading .. 0714
do lt,t pref ... 30
do 2d pref . . 36
Rep Ir & Stl . . 7014
do pref . . 0114
St L S V . . . HV4
Seaboard Air L . . 8")4
do pref . . IK
Soars Roebuclc pf lift
Shattuck Ariz . . . 1014
SloBS-Sh Stl & I.. 30
Sinclair Oil SO54
98
2074
fit
72
2B4
80
41
4Vt
114
201,
3814
0414
2 0 '4
34
I0'4
100
0114
11
ii'H
17'.
101
8114
70
31
4
80
47V4
42
1414
2214
65
39
7.1
40")4
110
127Vj 12714
38 38
20 20
94
1
1
8414 314
43
414
7Vj
2114
30
m
21
14
1 r
0
3414 1V4'
10 14
07
. II
. 21
. 1714
.10214
. 83
im
0lt
13
22
H4
H 3
114
3
r
10314 114
8174 1
3S
1
80
48
43
14V4
2214
A3
39
70
'4
1
io
3.1
1
80
11 14
42 2
1414 ..
2214 '4
AS It
03
30
35V4
0814
04U
1414
1i
18
118
1814
30
29
714
31
21
B414
33
3014
11
12 14
30
70
Bl
110
127 V4
38
2014
O0T4
30
30
1
1
14
14
1
14
4 274
2
Vt
10'4 114
0114 14
1414
n
18
11 1
187, lJ
30
30 n
IB 14 14
31 IK,
2114 Vt
914
2914
II
8774
714
B114
77
i nvt,
374 Pcnna It It. 4814
120 Phlla Co . . 2.114
30 do cum pf . 32
820 Phlla Blec. . 23
PUT
783 do tr ctfs. 2114
Phlla Trac. . . .
A 1.1 Heading ... (1074
StlTonopuli Bel 3)4
200 Tnnopali Mln 474
I'nloii Trac . . .
311 r ti 1 . ... 00
6310 I' S Stool .. 0214
2 (In pref . 109
20 War 1 & S . 8
21 W Jcr & S S 43
11 Wt t'rlinil, 1f1L
tQiiotatlon given is )estorda)'s close.
Tnlil sales, 13.479 fliiires, compared wild
in.OKll slmrea jeatenlilTi thus fur tills "'!
77,001 slinresi Mime period litt week, 7l,7a
shares,
HON PS t
Illsh Low, Close iht.e.
8103930 Lib Bonds
3'jB 00.30 90.21 99 30 .00
1.10 do IS . 100 100 100
1000 Newark Pass
Rwy Ds.,100 100 100
2000 1'cnnn, Co con
Is 1918 91 91 91 174
1000 (In temp cfs
4lss . . 0074 0 0074 . .
0200 I'hll.L Blec
1st Cs ... 08 9774 977
4000 Rending gcu
4s 8114 81 81 1
1000 Cn Rwy Inv
Cs . 02T4 0JTS, 02 I
1000 W N V & I
lfct Ds.,.100 100 100 1
rnlut sales, $121,100, lomparril nllli $11,110
irsteriloi thus fir this week, f.'U,(,(Kti same
period hlt week, 8210,700.
Local Bid and Asked
American Mores
Hi ill J tl . .
llurr susii t c
do im fi rrcd
llililnln . . ..
Kin Hit SloraBP
(ientrill AsphHlt
do preferred
Kijslone Telephone
1I11 t c
Like .Sui'trlor Corp
.chlith Navigation
I.ehUh Valley
Pi nnalHnla
l'hllHfleiphl t Eiectrlc
Philadelphia C ompalii
iln II in r cent prcf
Phllndclphll It T t 0
Iteadlnir
Tonoinh llelniont
Innupih MlnlnK ,
I'nlon Traction .
United (Ins Imp
United Slates Mecl
lork II w .
do lirelerreil
Wm Crimp . Soih
Todj
I'.i.l
2S
111
,1s -
4S
H
471a
AbIc
3(1
It 1
Yeslonlav
Hid Ask
2H 3D
11 U
r.N
r.i'?
4J.2
I OS
.17
."I
17".
J1 '.
I.tls
lit
III
its
Ul,
8
70
II)',
17'i
Bits
4H
Ho"4
.12
24
"1.
3a
4S
41
us;,
Ill's
11
n
71
.'II
4S
At
47
11
30
ll'i
ro
to1,
E-
47V.
31
1!1',
(IT
.1
4
40
11X1
uo
."11
Bl's
48
17
.-,4
UP,
114
Ill's
3
47'4
58"
.11
'1.
(,t
(""j
41
I. H
IKl't
II
11
71
INACTIVE I'HILA. STOCKS
Following are quotations for Inactive
.locks listed on the Philadelphia Stock Bc-
change and In which there were no trans
actions toda) The price given Is the last
previous close:
Amer Ois
Am (Ins War
Am Mill . .
Amer Stores
Amer Stores pf
Drill J !
Huff A. busnue
Con Trac N J
Oen Asphalt
Oen Asplnlt pf
Ke stone Tel pf
93 '4 Leh Val Tran ... 27 '
114 Leh Vat Tran pf. 3S
IM, Ut llroa 24 1
.1.1', l.ltlle NcnuyiKiu
02 Mlnehll! .
20 Penna Salt . . .
R0 Ilwy Co Oen .
07 Un Cos of N J
17 West Coal .. .
jt'a ork llw
01 lork Ilw prcf
At
.11 'J
00
4'1
:on u
70'4
s.
31
New York Bond Sales
Hls-h
12000 Amer Agr deb 112
401V) 1 Anelo-French 6a tills
lliooo Amer Forelen Sec .Is l)2lt
1000 Am Smelting ft Itef fls sil's
Him Amer Tel lit 4s K2
3I.1IK) da 5s 94
lliiino do cvt 4'js . IU
2000 Amer Thread 4s Oil
1 no Amer Writ Paper 3s. 81
11000 Atrhison I.CI1 4a . . SI
IIOOII do cv 4s tlino 81
Bono Amer l)k ft Im Co Bs 100
10110 Unit ft Ohio Jlin H7
1000 do rs kji,
10 l) do 4s . 71)
20011 di cv 4'4s 77'4
"(Mill III 00k Klip Tr 6s 11118 IM,
41000 lliirdo (Is 8 1
loot Can lioM r,s 11IJ1 IU"i
31100 do 6s HUH . noVs
14000 di Bs 1011 . IU,
400 1 Cent Leather 1st 3s 111
hoon 1 hill Copper 7s . H7't
0110(1 Ches 4 Ohio cv 4'4a . 70
7001 do 44 s . .. 7(lls
moon do conv Ba . . 73
3110O0 Ch II ft Q Joint 4s . VI
2000 do reir 4s . iij;
100 1 C VI A. S P kcii 4s 23s 7HI
1000 do conv 6s RJ4
1001) do cv 44a .. ... 7.1S
2000 do gen 4'is . . 81
lis 1 Ch II I ft P rfd 4s . (IJii
2000 do 4s ... (I7S
loon ( ol ft South 4Vss . 74
Hoon city of Purls 11 81
2inoi Con (las conv (Is... IMi'j
2S00O Cerredo de Pasco . 10Ji
lliooo Erie conv 4s ser A . 40
2 00 do ser II ... 41
4000 do ser D . . 47
1 (Hill do sen 4s 70
Goooo I'renrh Republic 6'is 04
HO (ten Kle? deb Bs
6000 Interb Met 41s s
11000 Interb It T ref Bs
10700 Inter Mer .Mar fls
1000 inter Agr 3s
I6000 Jap new a S 414s.
1000 I, ft K 6a
2000 I,eh Vul N Y 4H
2000 LIE ft M T 6a
3011H Louis ft Nash 4s
019100 Liberty Hands 314
SDZIHX) do 4S
11000 I.vons 0s ..
4II0O0 Marseilles 0s
1000 Minn St 1' 8 fl M 4s
t ldOO Mo Kan ft T 1st 4s..
SOouo Met West of Chi Bs
2000 Mo Kan ft T ext rs
llil'i
814
D2
(III 14
77
11(1
03Vi
U1H
MYm 8.1
00.38 O0.2O
.100 03 100
II 1IH
3V, P.IU
3S 831i
1
South Pac . . 807i
Sup Steel . . . 3174
Southern R R .. 2114
do prcf t 3014 B414 3314 14
Studebaker ... son as 30V4
Stutz Motors . .. 30 3014 3014
Tenn Cop . Chem 1214 11 13V4
Te &. Pac . . 1214 l2j 1214 .
Tex Co ..1. 137V4 135 133 1
Tob Prod 44V4 437', 4374 '4
Trans Williams,.. 37 37 37 1
Un Bag & Pap new 0014 0014 8014 174
Union Pacific 11214 10074 11174 174
do pref 13 13 73
United Alloy Steel 37 3074 3674
United Clg Stores. 8114 8174 8314 3
United Drug .... l 61 64
United, Fruit 10874 10774 10874 ,.
U S Ind Alcohol.. 108 101V4 10014 u
.!. sta o H. E
int U H I ea,lty-Im nf 50
V H Ind'Alo 6ref ol
17
38..
A'
00
Krla ft VV Drsf 2.1
r A 1,1 'inn . fuu
Mo. t UT firaf 101
liml Isl ctfs Bf 41)
l-orlflarii .. 2''?
Macks y Co 71
u.ah.llan llaarll
Man k: . . .. ,
lotor mpi 15
U U 8 ft K Prsf 4
Vs. Iron U ft C n
Va Car Chem SOU
Va-Car Cnm prsl H)
Wells-Karso 7
VV.it Md 2d ff 28
West Pao II tf , ItV4
Wheel. I. K prsf 111
wis Central . , n"i
, V Vl
U S Ind Alcohol pf 88 88 88 3
United Ry Inv.... 6T4 6 614 T4
U P C I P & V... 11 10 111 74
US Rubber...... 8 4914 HIM 1T4
do 1st pref, ... 05 93 05
U 8 Smelt & Ref. 43 4274 43 1
do pref 43V4 43 4314 H
U S Steel 9314 90 01T4 114
do pref .,.,.,..109 10814 109 ,,
Utah Copper ... 1 1374 7414 74
Utah See Corp... .12 914 ' 14
Va Iron C&C... 3014 so B0V4 14
Wabash 114 11
do pref A 40VJ 3914 4014 1V4
do prcf B 30 19 29H 14
West Maryland .. 13 1814 lt
West Union Tel. 7814 7814 1814 14
WesthiKhouso Mfg 38 37 3774 1
Woolworth . -.UlVi lllVt 11114 14
Wheel & It B 814 H14 814
Wilson 4a 43H 4414 S14
White Motors . . 33 33 33 1
Willys Overland . 1V4 1314 1!4 H
do pret 70 ' 70 70
S2'4
s
R114
B7
S0V4
1000 .Mo IMC. W L Bs 1020 88
til
80 V
HO'i
73
04
VM
V
81000 Mo Pao Km 4s
30OO Montana Power 6so
1000 N Y Conn II H 414 s,
IBO00 Nat Tube Bs . . .
4000 N Y C ft H 3Vis .
400(10 do Os ....
10(10 do 4s
1000 do 4Vis 881
10(10 N Y C tv 4s 1H5D 0.
1000 do 4 ',4 s 1001 ... . loo1,,
looo NY Cltv 414 s STsy '87 100
2000 do 414s Nov 11)37 ..100
2000 N V N 11 ft It 4s 1930 Bills
Tefal sales 810.300 shares, compared still,
I.XMI.bOO shares yesterday i thus far IliU week.
4.041.2OO sharesi una period last week. 3,821,.
7Kt.si.sres.. .
'Ex aivtoeno vonaonoatea oss, JSS f prei
Ctuwi Cowier Company, 2l r. W Wourwoi
iiimiii , i nn ua ,..,,
Iiooo N Y Tel een 414 s, ..
loon Norf ft West 4s
.1001) Nor Pao 4s,,.
6000 do xen 3s
1000 Ore Short L 4s,
lono l'acinc tlas Bs,,...,.
"8000 Penna, itntt 414s...
r200() do en 414 s
Bono Pere MirtpieUe. Bs,,,
60(H) l'oco Coll 6h .,,
8200anoadlnB;-Jer Cen 4..
1000 Bfo Or A W 1st 4s .
26000 St L ft " ajt .. ..
11 nno do Her A .......
loot) Sesbnard A L adj Bs,,
8ono South Pso 4s
4000 da cv 4s , , ,c
2000(1 do cv Bs .. .......
12000'South Rwy. gen 4s,.,,
loon, do 3s
1000 TeiHB Co Os. ...,,.,
44000 U H Itubher Bs .. ...
snoon u h steel s f Cs ,...
2000 Union Pac 1st 4s...,
18000 do rfd. 4s ,,. ..,
12000 U K n II II U 3s..
22000 do BMil 1918 .
Booon do BHs 1919.. ,
BlIHIO do 6ft s new )019 ,
hmo do BWs 121 , .,,
inmi VVaat Klectrle 6s
3000 West Shore 4s ,
IDS
oo4
8714
81 'J
(10
81
81 Jl
8f
slS
no
614
ir
ll
M
lis
80
9741
8(1 '
97
r 80
suji
no.(
11014
721s
113 J4
774
88i
02
10014
101)
100
828
TTtTTJr) rTfr ATTnMT TQ SWOWM "RV MAXT-vr
STOCKS IN TRADING ON LOCAL 'CHAK(
Gains Do Not Hold to the Close, but Railroad Issues
Steel Are Generally Much HigherLake
Superior A'ctive, but Lower
i
Tho local stock market showed good
Improvement today over Its condition at
the close jestcrday, following the slump In
prices of many of tho prominent Issues.
Cains hero followed the course tnken In
New York and, whllo all of the advances
wero not retained to tho end of tho ses
sion, the majority of stocks closed nt
higher ((notations.
A substantial gain ot more than 2 points
by United Stntes Steel common nnd good
ndvances by severnl of tho railroad Issues
had much to do with the Improved tone.
Rending was marked up 3 points, Haltl
more nnd Ohio moro thnn 2 points, Penn
sjlvunla, f,, Lehigh Vnlloy, a,, and Buf
falo and Susquehanna was unchanged
Northern Central roso more than n. point,
Tho turnover In Rending nnd Pennsyl
vania waR about as largo ns usual, but only
small transactions took plnco In the other
rails
Lehigh Navigation stock was unchanged,
but the w'arrnnts picked up a fraction. Hrlll
advanced a half, Klectrle Storago Battery
was unchanged, United rins Improvement
was up nliiiarter while Philadelphia nice
trie was fractionally lower. Lake Superior
Corporation also sold nt a trifling decline,
with tales tho largest of those of nny of
tho strictly homo stocks. Rapid Transit
trust certificates held ginV . I
vaticed a fraction near the tio,I V4 J
Belmont was a trin i . r.. "Mail
on a few small transactions, lost iu0"
On a sa'e of two shares Rik.i'"
dropped fill t.olnt . i! Bll r
first Kflli barn nf ,1.1- ,''. 1."1' U (
month? " ,Hua utirV;
T.lherlv 111, ,u... .1.- . .
division,' nearly' WO 000 chalLN
with the price a little higher!
i no locai 1'eaerai Reserve nav
culatlng tho allotment of Llbert r U
which Mhls district Is entuiS !$
total subscrlntlon. e V...!?. ?f ft.
work Is expected to be romn'letsS i Hj '
is unofflclally csllmaled that th.kft!'
3165,000,000. on subscriptions ami?!1-!!, "
$232,000,000. """"aamonatiju
Prealrlent .Tnaenl Ti nr.c., - j
President Joseph n. McCall nt ,t .
delphla Klectrle Companjwav0,' fe
day that for tho convenience of,"",
hnlilcrH wlin li.vrt ni . .... ..' u.c9 teA
stock pursuant to the notice given lalJ
on October IS, arrangements M, vff
made with the Land Title and TrosJivV
nnnv In rMtnliA oll.H. j . -COS,
sue ncgotlible receipts theTefor nD 7. Ji
Including noon of Saturdnv v i.J:."'
rf, -luitinDtr j?,
TRANSACTIONS ON CURB MARKET
CONFINED TO NECESSARY BUSINESS
Many "Weakened Stock Exchange Accounts Are Forced
into Market as Kesuit 01 biquidatioif at
Sacrifice of Values
NEW YOrtK, Xov.
Thellr.idliig In the Curb market camo down to a condition of transndi. .
business of Imperative necessity. Apparently many weakened Stoclc ExclaiM
accounts included a largo amount of Curb securities which, as a direct ltsS
of general stock liquidation, were forced In the market at sacrifice nf vni.T
This situation vas most pronounced ii tho higher-priced stocks, Cities Brrts
iiuiiiuiiuiiiK mule uiu-iiiHju, ucc'iiusu oi us coniiuueu aecune, that stock falllne tl
points in the first half of the day to 181, a decline of about 43 points from iy
icccnt trading record. Tniteil Motors dropped 1 point, to a new low reoJrd t
15U, and Chevrolet declined 3 pointn to 56.
Tiicrc ivns a llrmer tone In tho lower priced stocks generally and abctlerk
maud was shown In the mining stocks, with Magma moving up 4 points to Ij
Thero was a display of strength In Wright-Martin, which rose from 6 tnf
and Curtlss Aeroplane advanced from 2414 to 26, with tho buying accompanied bj
reports of now Government contracts. EXcrctt Ijeancy was another tirotf '
tcaiurc, (ttouiiciug io i.
Intcrlubo Chemical sold at 2"i to 3. Suhmarlno ranged from 12 to llJ, on'
stocks weto heavy. Midwest dropped from 109 to 103, and Merrltt Oil was trtdri
In ut 23 i to 22.
I Ml UbT It I ACS
111,1
Air Reduction 03
Aetna Kxplosivcs 314
Am-Britlsli Mfg S
Am Marconi 2 54
American Writing Paper 114
Canadian Car Co 10
Can Car & Fdy prcf. ... 43
Charcoal Iron 7
Chevrolet Motors 50
Cramp 70
Curtlss Aeroplane 23
Carwcn Tool 7
Carbon Steel 70
Kmerson Phonograph... 4Vi
Federal D e 3
Hendee Mfg 13
Inter-Lube Chemical ... 3
Lehigh Coal Sales 3
Lima Loco 04
Maxim Munitions
Marlln Arms 80
N Y Shipbuilding 3
Nor Amer Pap Pulp .... 43
Otis Klcvator 0
Peerless Motor 70
Redden Truck .- IS '
Scrlpps-Booth 18
S S Kresge w I 80
Standard Motors 0
Steel Alloys 7
Submarlno Boat 12V4
St Joseph Lead IB
Todd Shipbuilding .... 70
Triangle Film It
United Profit Sharing ... V4
United Motors 14
United Sugar 30
World Film Yh
Wright-Martin Air . . . . 0V
Zinc Concent r
STANDARD OIL
Yes close.
Ask (Sale)
73
3
10
2T4
iVt
8
39
80
27
9
77
3
10
23
3V4
44
08
, "
90
214
40
11
80
00
7V4
is
10
80
1'.
Ji
15
35
"'
fl'4
08
5 ',4
14
0
4
12
15
73
K
isi
"
o
Illinois
Ohio
Prairie Pipe
S O of Cal .
S O o( N J ,
SOolNY,
..1$5
..200
. .325
..215
..613
..234
190
205
235
218
S18
237
184
IXnilFKNllKNT OIL STOCKS
Barnett Oil & Gas lVt 1
Cosden & Co 714 14
Klk Basin 1k 794
Inter Petrol 1091 H',4
Houston Oil 10 10
Merrltt Oil 2214 23
Midwest Ref 100 108
233
1
'JVt
114
17
2294
104
M.
Ailc (Stit)
10 .,
Y,
K
tt
It
Vi
IX
Hi
INIIKPKNDKNT OIL STOfKS Tosllnut
Yt.di
Met Petrol aj
Ohio Fuel i
Oklahoma Ref 9
Osage Hominy atj
lice Oil ij
Sapulpa Ref s4
Sequoyah
Sinclair 14
United West Oil
'MIXIXO STOCKS'
Alaska Standard 5
Atlanta 8
Blsbeo Copper (a pros). '4
Butto Copper & Zinc. 614
Butte New Yor)c "4
Cal &. Jerome 1
Con Ariz in
Emma Consolidated .... a,
Flrt National 2
Coldfleld Merger 4
Goldfleld Cons 38
Goldfleld Florence 10
Goldfleld Ken anus 10
Green Monster
Hecla Mining 414
Howe Sound 3T4
Independence Lead .... 4
Jeromo Verde
Jumbo Kxtcnslon . . 16
Magnate Copper . . 14
Slagma" Copper .... 32
Mother Lode 28
Mines Co of America 1'4
Nevada Hills 3
Nevada Wonder ... 114
Nlplsslng 714
Ohio Copper 9i
Ray Hercules 3
Stewart U
San Toy 10
United Verde 32
West End Con
White Oaks
Whito Caps .
Yerlrtgton . .
65
3
1ft
13
13
10
US
!4
1
m
194
4
It
13
13
'494
414
3
18
if
31
29
lli
10
194
794
n
314
12
33
69
'ift
15
n
uU
titi
H
1H
1
H
11
ft!
11 ',
Hi
i.
IIOXUS
Bethlehem Ss
Condon Oil 6s
Cosden & Co 6s
Cudahy 6a
Krle 5s.- -
Russian Govt 6 '.is ...
Russian Govt 614s ..
Southern Rwy 6s
Sinclair Oil 6s ......
Todd Shipbuilding 6s
9794 9IJ4 lHj
77 30 .1
77 0 t, f
04 97 .. A
9314 93
47 80 41 '
34 60 tl A
9(1 9714 H
92 .. 1
99 101 .
Tstal sales. S3S3.000. compared wllli 34,883.-
nafiio iwrlod
000 )vUril.Ky thus fur (hi wfk, 11.578,0H
I i w, v,voi,uw,
CHICAGO nUTTER AND EGGS
Klrsts, 40O41e ordlnarr ttrsts. 88O
mlsceUaneous. esses returned. 87AS9ci
ellantoUs , i-asea fneiuded 88UOc, dirties,
82c checks, SlOSOo extras fillers. ' 40c,
CHICAOO Nov V EdOS ItecelpU, 0741
esses sirais, luviwi uruinarr nrsts, 88O
one miaceu
miscellaneous
:nuuc cm
HUTTEIl Itecslpts. 9)'.1P.0. Pouhds. Estras
48V4e estra Orsif, 43Vi U43c nrsls 8Vi W
4llJc seconds, 37 038ttcj Isdles 7W O33o:
process SflVs?.. Pafklnr stock lOOaioi prices
to retailers tubs, 431sc. Prints. 4lo. r'
GOYKBNNBNT BOrfDS
Philadelphia Electric Companyl
417-419 Market Street
1
m
' Camden,-N. J., November 8, 1917
i
Plan of Exchange of Stock
For the convenience of such st6ckholders
, who have not as yet depositee! their stock,
pursuant to the notice given to them on Octo-
ber, 18, 1917, arrangements have been made
with The Land Title and Trust Company
i , to receive additional deposits and issue nego-
k. tiable receipts therefor, up to andncluding
noon of Saturday, November 17,19 17.
PHILADELPHIA ELECTRIC COMPANY
Jos. B. McCall, President .
THE LAND TITLE AND TRUST COMPANY, Depositary,
Broad and Sansom Stree'ts,
Philadelphia. Pa.
rl
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iHsss-i auirvMier of new
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