mmAMi-4iwmKmwxv",niwLyMV w jv ', v - ' t.-'v " vvr jjPl'7'w,;T;"TT.7TffF'!, ? - r . . ' ?-, - -U- . 4mm " EVENINGr LEDGPR-PHII.AP(ELPHM, FRIDAY, NOVEMBER 30. 11)17 I. -' J (''- 'vr 'I, '. , i- li w to lt I ' V fciFM yi. "iu -tfV 'Sg X REILLY, BROCK & CO. tlANHKUS RAILROAD EQUIPMENT TRUST CERTIFICATES OUE 1918 TO 1921 TO NET PROM S.2SN TO 6.25. 306 CHESTNUT 5TI.EET rnu.Aii:i.i-iii. Help Meet the New Cost of Living by having your savings placed where they will produce the best possible income for you. The cost of living has advanced, but so have the returns from practically all of the good investments. Wrife for our auggcationa, how to increase your income. A. B. Leach & Co. Inenririiet 115 South Fourth Stre-t Barnelt Oil v Gas Company Producer Refiner DUlribulor Helium of 2(iiin i-arrels daily capacity. in:i 'i nnk cirs. Own l'ltw Line from wells In railroad. I) MrliiutliiS sliitiona JMac.il "'I iU.irt"r v allvld' nil basis. Pa;, utile .tuti. 1it' 3 iin'1 3rl extra Paid 23i dividend last irar. , Active ilil'v m-rki't iiit iinmnil 114'. he no Mir cii.Mosr. iiuoKi:u.ii: ON IIAKNKTT E. H. CLARKE, Inc. MllltTON It. t.i: ANM'.K Ml si. lent Partner) I'liniif 1110 N'rinr Stock KviliunKo Hills. I'lilln., Pa. 2T William St. New Yurk City. Bargains in Bonds Splendid Investment combina tions nf high-grade bonds can now ho secured, yielding from B to 8 per rent We have Just Is- sued h comprehensive letter de scribing more thiiii fifty niicli Is sues. A few extra ropics nrn available to Inipihers whu are In terested In our Fervid?. Send 3c In stamps for circular No. 250 MOODY'S INVESTORS SERVICE John Mouily, Prr. 15 Nassau St. Trl. 31T3-4 Cart. NVw York Tax Examples Showing how law is applied Our Federal Tax Depart, merit, under the supervision of experts, has prepared a pamphlet of examples show ing how the provisions of the Income Tax Law are specifically applied. These examples will fur nish in ifidualt, partner ship and corporation with a practical working knowl edge of the application of the Law. A copy of tills pamphlet. PK-14a will be furn.ahnl upon rrqueit. The National City Company 1421 Chestnut .St., Philadelphia New Yotk Lhlciao Doston n I'rancifco I'itltburfk ia-ElffffgrrL Err.n e& virion Dili HS2i!iii (, .-s-sifasStS f&2&&B&.3-7g& rTHE ASHCROFTTES MANUFACTURING CO. BRIDGEPORT. CONN. Fireproof, well-lighted and free from vibration, Abcr thaw Reinforced Concrete Buildings arc ideal for manufacturing or industrial purposes. When trimmed with brick, pleasing archi tectural ellects are possible. 73uU by .ABERTHAW FINANCIAL NEWS NEW YORK AND PHILADELPHIA STOCK MARKET QUOTAS EARLY SELLING MOVEMENT SENDS 1 1 New York Stock Sales I STOCK PRICES OFF IN NEW YORK Foreign War News and October Railroad Earn ings Are Blamed for Recessions in Values. Other Causes Also Named High Points in Today's Financial News iir selllni) carl) In itnil caused recessions In -Vi'lf Vol-A' ifi.eiV prices, hut rectircrlc came tn mmi)i lisur.i before the close. .IWmt Kxvloslvrs led tradlnu on thr Curb. Cotton declined after rite. Corn ciulrtl lower, l.tre tens weaker In forclim exchnniie market. Clearlnus of Philadelphia banks this month leere thr second Inriirst on ireord. Share and bond business fell off on the local Stock V.xchnnue. ns rwimrv with October niirf .Vorivnlcr, ."'. The I'edcml Ursrrvr. Hank tmvv notice of the iclthdinitnl of J.i tier rent more of tAbrrtv Loan funds, the same In be jmW oivr utif Inter than December IS. liar silver was unchnnyed In Xrw York and London. NKW YOniv, Nov. 30. Many rcasoni were ndvanoeil for a xi'llintt niovciiUMit uhlrh uliKi'ttleil tint Htock market ilurlm: the first half of the day, causInK declines raDKltiK from 1 to 3 pnlntM In a larjsn nunilicr of Ikhiipm, and making Hnltlnmrc and Ohio and rcnnsylvniila .ell at new low record!" for prcKcnt tlnies. The furelKti news, Includlni; the attraction of attention to Germany's rela tion to nclKhlxirliu,' neutrals, diplomatic plans for cauxlne u breach In tho roll of countries actltiK as allies nKnlnst the Centra! Towers and October railroad earnings of eastern lines were tiroiiKht forward as re.iNon.s for the recession!! In values mill for the liiereiiseil supply of securities Kenerally. There Is cood reason to believe, however, that the chief teison for the fun eral helllnw wa.s the order to transfer Oovernmcnt deposits from the banks for the purpose of meeting the JJ.'iO.OOn.pOO Covernment notes. Tills An turn neces sitated the general calling of loans by the hanks. In a 6 pet cent rate for call money early In the day, anil a material contraction of banking accommodation. There Is a good reason to believe also that selling of securities carried by the late (Jrant It. Schley, including such stocks as Hrle, Chesapeake and Ohio, ltalti morc and Ohio and Pennsylvania, has hud a direct Influence on the market for those Issues. Some who claimed to know that this selling has been in progress stated at the same time that the securities disputed of have found lodgement In strong hands, and that the bulng has been of the best character at the lower levels reached. In today's trading an Important featme was the selling of many Mocks ex dividend. Cnlted States Steel sold ex dividend of 4',J per cent, showing n moderate net loss In the early trading, with a later rnlly of about 1 point. Union I'aclllc sold ex dividend 'JH per cent. Canadian Pacific ex dividend of 2'.4 per cent, and Southern Pacific ex dividend of 1V4 per cent. Liberty lionds were steady, the 3Hs ranging from 99 to 98.M. and the 4a sold at 97.94 to 97.68. Hallway bonds were generally sUatly. with moderate trading at around the low levels, which have been established for some time. Unfold Mysteries of Great Northern Ore After a period of ten years, the mysteries of lireat Northern Ore are gradual ly being unfolded. For Instance. In charters close to the management It Is being estimated that the .(ones & Loughlln and llanna leases of the company's lands will provide an average annual Income over the next thirty years of approxi mately $4,(100.000. An olllflal Is minted as saying that Clrcnt Northern Ore is relieved of the necessity of retaining any considerable portion of Its earnings for tho development of ore lands and that theio are available ore bodies to the extent of 10 per cell of these covered by the two leases. An anal.vsls of current earnings brings to view the position of 'ew York, Ontario and Western. The company has made another favorable exhibit, this time for October. ' Net. after taxes, amounted to fl.'0,4S4, compated with $81,290 for the corresponding period a ear ago, lteturns for ten months are on tho basis of about 1.9 per cent for the stock per annum. However, tho annual statement will show decided Improvement over that figure, 'as It will reflect the payments to the company of Interest accruals on subsidiary coal propertied, made possible by the large earnings of the latter. These are expected to amount to approximately :.0O,000. . In reviewing the American Sugar situation. It is seen that dividends received this year by the company on Its holdings of Clreat Western Sugar common will amount to $1,175,000, or the equivalent of about 3.S0 per cent on American Sugar common. During the year there has been it depreciation In the market value of its holdings of Ureal Western of ,",47.".OO0. It Is figured that aggregate pay ments for the year on Clreat Western will be 47 per cent. LOCAL CLEARINGS LARGE Hanks Bu?ines This Month Stcotid Larpcst on Record November bank clearings In this city were t'.ie second largest for any month and for the third time the monthly turnover exceeded $i.3n.nnn.onn. For the month ending today local clear ings were $1,532,(1111. R3t, coinpatlng with $1. "73.789, S73 a year ago and with JSTIi, 459.238 two years ago. October this year still holds the record with $l.59.4ii0,B21 to Its rredlt. while June rinks third with $1. 5n.1.80r,.052. In the summer months the volume fell off a little from the top figures this year. Comparison follow: HUT tnirt .T.in...$t.,T.iKl IT.". 11. "14. Mm. I!U ivb... l.'.T.i.r.lT hit I T(i2.an4 Mnrrh I.4'-.IUn.Mll 1 ol.1,1l'.'."'2 I ,'"l ,,1.1 t-'I'W I.II.1H.IUIS 8.12 1 .02. ' '".I l.li.lll.llTl'i.nJO n 4211. ii! l.llTH.TNl.123 1 L,J2.ll.".."il4 i.2T:.tw t:i I.H.-.l.sl.i 3.0S.1 HIT Local Bid and Asked April . Mrf'.. Juni. . July.. Am: . . Sept. . lift. . . Nov. . . 12mu- i.4i.aia.42s 1.ITT.T2HH.V. i.".i:!.su: o."2 i.aat.sau r.n i.antMs.-. -,si l..13T.T22.Tiis 1..1",!l.4nll,l21 i..-.a2,i'.si :.:il nil.-. Ji;i-.i..-4:.,tts .".TT.ipTH 113 ll.-.ll IIII2.I7II I. ".VIM. mm HIT.I'.T. i12l T2." l!2S.:HIT T12.l!lll..".Tll i'..v. .".... nas .1T.li.".s.2HT pill. 43. Mill ST.V4.Vt. ".Is III l.H3.Vlli;.32l nil S,sii:iV.I3.2S4 MONEY-LENDING RATES NKW YOUK Jloney on call opened at f. per cent: high fi ; low 3; last 5- j closed Slifi: ruling rate 0 per cent. The time money market has moved slug glshly this week with a light demand from borrowers. On ill Industrial collateral rates are CsiS1! per cent and on pood mixed quotations are 5!i'(3'3 per cent. These flemvs would be nmMdereil moderate In most years previous to the beginning of the war. lMIII.AHKI.rHIA -Call. 3 per cent; time. Bf5i per cent. Commercial paper, three to four months. SU'fi.'i'i per cent; six months, Ojltti per cent. FOREIGN EXCHANGE NKW YOHK. Nov. 30. I.lrc fell back again to tho previous low. which had fol lowed the rally of ninety-seven centimes this week, There was no explanation for the reaction. Otherwise the markets showed little or no feature Quotations were: Demand sterling 4.73 3-1E, cables 1 70 7-16. slxty-.Iay hills nominally 4.71UfJ 4.714. ninety-day bills I.C9U 1T4.69H!. Franc cables 5.71 Vi. checks 5.7 1 H. Ure cables 8.30. checks 8.35. .Swiss cables 4.34, checks 4.30. Guilder cables 44 'j, checks 44. Pesetas cables 23. C5. checks 23.38. Ituble cables 13',;, checks 13, Stockholm cables 37 Mi. checks 37. Chrlstlanla cables 34 Vj, checks St. Copenhagen cables 34, checks 33 li. kwjx a i n iu 1 1 wn i u .4-3-ti U097TON AN rAKTNKKSUU'S KOT1CK lit lir.llf.ilk aVK.S THAT THIS under-tsned ftuve rnurrd iniu u l.uuud prl neriiOp under tn ait uf Amimbly Uuuu .ipril 12. 1117. upon the following i-riim; 1. The imme of the linn unlr which the partnerehlp I to be luniluoted shall be i'ctry, t eland s Welu. 2. The nature of the bu-.ne-a to be trann-clfd shall be dealing- In atucka, bunda and Inveat inent eecurltiee. S. The tollowlnc are the naiota of the gn teral partn-r.: .. . ra; , a-eirr. jtnauurne. i-nna. lush .Tolaeid, WhlirmMrsh. Prnna. M4ma. Jfiia N. 83d !.. lhlla. Hevrt lrtrth. HaverruM. r-nna. i. The amount t capital cont''buted by the apeclal partner la aa (ollowai ' Howard Loiisitrulh. Kitty thoutand dollar! (fio.ouv). Tfi. The period at which the partnrrihlp la to commtoce la November 20. 1817, and the period at which aald partnership aball terminate It . iinaKr.v, ja.u. MIKDBUICK J. PKTHT. . if. numi tolanu, MaUbM limn.. BANK CLEARINGS lUaU rlMirlne to.ly romnared s-Xn corr" .pomllnt any l-.t twu Ve-rr-i,,,,, fMB ftl.nh...l. .JS4.IJ2I li.-1.7. .jj;jl Sew Turk . . It"i "1 1 ".T "n". '! "l 4 ''.I ".".I 1.VI St. iula ... S2T2.S3t S'l.4..V.l! JS.IIT.:t3il n.ltltnori .. siiis,ii22 in.ii.iit.HiT mi.iw.i Cilcaii. .... HI 0114. r.0 HI IIT3.22T 02.420..".3." DIVIDENDS DECLARED fbindnrd OH Company ef I", ntui-ky. ununl aiujttrly of 13 a ahtire. prfyabli. Jiinuarv 2. Uwila rfoae IeemlT 15, roin January a. liiftt & Mer Tnlmciii I'oniimny. rewitar qurtfrly of 1 lr i-ent on Ita prefrril atiwk, PiTible January I to rtock of reiuril Isemlter ilKdlr Went rillltle". SO renta In rah on tl fummon atnrk, payable January 2 to stuck f ftrord Dwrmla-r 1.1. (Re"erve Bank Rates Higher " Thii J"ederal Reserve Bank of Phlladel Phi has advanced various discount rates M-hilf of 1 per cent. Including rates on oaturkecured by Liberty Donds or Treus rr oertlOcntea where the rediscount! run frwntlxteen to ninety days, and on which "- Ma .la now 4 per cent, aa against J',i t" formerly. On Liberty loana of laya or 1 maturity the rat re- per cent. Amer .stiiri1- It.il.luln l,m o Ilrlll J O Hun A Hu-ii I c .... In pref i:i,i trli- Stur.iK ; niTut A-phalt . . .. In pref IC'slinie Trl iln t c I.nki' Sup Corp Li'hlBh iNnv l..'hlsh Viillry I'.Tin.i .It II 1'hll.i Kleiirlc Phllii lo r. pr int pri'f.' ! It T ir elfa ItMitiltntf Tonnp.ih iwltiinnt ... T. mip.ih Mlnlnii .... Cnlnn Trurtlon I'll I t" f Steel Turk !l y I.i pref Win I'rainp A Suna. . TmUy M'fdnpBiluy Hid Auk Hid Ak .111 :14 .111 .!! raw .in .-..v-i r.n HI ts Hi Ik lil ill 411 31 411 .111 111!" 113 I'.l ..il 4liVi -VlV, 14 in 14 in ."HI .12 ."ill M IIV, 10 ll 111 no r.3 i;n iia 11H 11i IIS 11. M ,1s .1il ,".T .131; 53H .-.si, ,-,4 4.1S 4.V til 4l!l. 21'e '-'.IS 2.1 2.-.U 2T '." 2T4 2S 2!l. - 311 3114 2H", 2IIS 2t, MV, US'. IIS. IIIIl, llll. 3' 4 3 4 .1A 4S .1 41 41 41 42 mm T ihivj iit PJ U2'4i U2S ll'.'li s II S II 30 32 SO 32 US TnS IS TllV, INACTIVE NEW YORK STOCKS Following are quotations for Inactive New Y'ork stocks and In which there were no transactions today. The price given is tho last previous sale A I! Jt H II Pt .S1 A.Uma l"xiitea.,llJ A,iuiilH nuineu . . Advance Hum pf. Alax HUblier .... AI1U Cllalm Pf... . . k mr 'tlIIl . . ..Ill . - "- . - Am ast ;iji",i",;;,. Am 'ar & f ot .1 Am KxpreM . . . Am Hide t Vt. J Am Iiv pf J" lit ll St c lf Ant lM'n Vt .... 14 2lVn Ml TT4 TU Mex Pet pf no Mich (Vntral ...Ull Mln & Ht I, new. 10 .Mo Han ii T pf. . 7U M H! 1 t K MS I. Hi JX'I'ASHM pr.r 117 .Miint Power 1144 Jlont Power pf...lnl -Morris t Kaaex.. aM ..lorria & Kajex pf MS Nat Acme mi Nat Hlmuit pf luj Nat L'lk & Ht pf..itiul4 at Kn Hip pf. 4 .Nat 1-nd 13U s.-"-" of ....loow A'merjUlt, ...... 1. Nluil.ri-pV'S5" Am Malt ft .... '" Vi"1.'' '. ' I" 40 Am Hlnelt Pf A.. 2Mi Nt It It Men 2d pf .lo', Am Hinelt il .... I'f., -N. ' Tet it ilex . o Am Huuar pf . '"J1 Am Su.natr pf.. Ho Am Tel cable ... UJi Am T 1 T 3.1 pf. Vl'i A in Tub pf new. !.. Amer Woolen ... la Am W011U11 of . . sv Ai) l l! It pf. .12 Amo Oil l'4 Atrhtiuin of ..... H2 Atl Hlrm fc An .. la Allnn.l'n.mt l.lnn UT .v Y c t, hi 1. N' Y Oock ... orf i Mouth ItlU 11 V, Norf 4 West pf '. '. Ti. '.'''n. American. 4.".I Ohio Kuel .... Z hln Das rta ..,', ?,. Ontario Hllier 4U i,""Am.,l't Pf.. HO Pan-Am' Pet prior ' l as illMlll. 1 i'iir -.-' "-- -. Besjssaa VJa H.iM Lo.-.) pf ... l4'; Peru Marquette.. 14'4 Halt fi Ohio Pf .. Mi, J.ev.rla Kast , ' 41I llarrett Co IM'V ',h,l " I 27? H.irn'tt I'" Pf ..ii '''erce-Arrow ... 3-. Ilatnpllaa Mlnlnc. J ,i,',Tr''.".Aarr'"r Vt. P2 t....t: ,u-i al Pitta 'a. .e .Z . nij llruokbn fn (la I11.I Pitts West pf, llron Shoe .... 71 Pre.sed Ntl Car. Ilulterlck If" ','' lutl Car pf C Iirkln CO.. .11 Jul. Hve corp ., Col t s.i it rt a" Cent rav co ;' Cent Leather pf I'll Ci lit H Am Tel .llRH Chandler Motors . JJ Chi & Alton .... II Chi ft Alton of . -;3V4 Chi Nnrltiweat J4 Chi & Ht West . . MS I- ; ft St ! ' Uf... J-t Chi It I Pac tclJi'i Cluett-Pi-abo'ly Vt I1JJ i'iiiiip Tab ...... .1- Cr,l fc Ho 1t Pf.. f'P Col ft K" I'll Pf. . 4j Con tl IJ I. J 'UHi, C.mt IntCalMln. IT. i-..ni Can nf .... ?.. ibCor.tlnental Ins .. 01 f Cructllle Hteel pf. C'Uba .Ml. nuaai " Cub Atn . tiup pf pa I) ,i.ck ft VVeft 1ST lien ft Illo O Vi.. I4H ...,, 1 lilo Or .. u Uulrksllvee '"Jll MPflnir' .'.'. Heading tt Pf ' IJeadlna-iM pf ... Hep 1 A n'p 2"0"-. Motor ... at I. M pf',' .Seaboard A J, . Halwat.l A 1, pf -. " "TMUCK Dell &. 1110 ur .. .--.-fina ,. j7 tlrnrl Clear ... 3JJ4 I nlon I c nf ,, ?i Vn fd (T, Hr pf ;l0s I'ttl.sH. vt... r '!IT Kn!d.',ru" J'Vp't .10 I'ntit Urur 2d pf. Oen Motors jif .7.1 tlnodrlrh II !' pt . . 10i llrantir inn .. .. llulf St Hll'lst pf lul llurtman Corp .. J Haskell ft Parker. 2 Havana Klec . . . JUt Hnmestakt- Mln -J07H llllnol. Central . . HSH Int Asrlcul "...If Int Nickel vt...W Int Poir P( sta. 0OH Iowa (Vntral ,' Iowa Cent or..J9i Kan CltV 8Q PC. 43 Keok ft 1) M .... 4i !".)? Jf.,!'1sn'J', Al l.k Krle ft, W pf. X t i a. t rnb . . . .20 Ml MTpl ...IJ; Ixiulsv Nash ,.Un l.orlllard .......208 Markay Co ...... 7H Jlaraay w 11 ., on Manhattan '.'each Manhattan. Kl .. May Dept 8tr pf.lj; Mar vsi atort. u. Alaska Oold M.. Alaska Juneau ... Allls-Cliiilmprs C'o. Am licet Sugar . . . Am Cat do prcf Am Car ci Foundry An Int Corp Am Cotton Oil . ... Am I lido ft Lentil. nun lM 7.1 1W d.1 rifltt (i$fc 1.1 V4 .in; ."4 Km 44 3.1 30 IMS -1!i 23 18V Mesra.Jtofbuck pY 120 S'tand Mlllm, 0f'. 5V tut. Motur .. ' mj s jl 1 !' " Jo Teii ?, '.' " Tidewater Oll'l'so1! IS'l'Weli, ht J"'ii ef.. 3" 80 lav- til. n Ham a n ...;: ;.:' CnlteJ Alio? k ,J7, ?.', r,:'jr..'ru .... 84 1'r.l,... n-.. ...i-. . 1 . e i.ooq r v m led Paper Hrd IRVi efl Ky InV .. ,u ti iiv int. Ir rj71 IJ H Alcohol pf". sa v h 11 1 p ' S IT 8 llealty Irnp" isu 5 S"'r. impf ioH it h s a pf.;, 4,u Va.Car Chm pf.. u2 WabMh pf U ... 20 . ' Wellf7K.r,o..:: "; west Mil .. .-,... 14H wst Md id pf .; J57 West .Pac It It 17V4 Wheel ft X.K .... 10 Wheel ft I. K pf! 21U Wilson Co 42 Wilson Co of . . m" I'nl I'nl! Unite Am Linseed 2(1 do pref 71 Am locomotive R3V4 Am Smelting .... 7.1H' do pref IrtlU Am Sum Tob .... (il Am SUel Fdy . . S3T Am Sugar lil'd Am Tel & Tel . ...Ilifl Am Tobacco .....too Am Writ Pap pf.. 23H Am Zinc & Lead.. 13 14 do prtf 44 Anaconda (171,-; Atchison aa Atl ciulf & w I.. a do pref rtov; Il.ildw Loco Co.. 3.1 Halt ft Ohio 4 Ilelh Steel B ho do t 1? ORK Ilrook Hap Tr.... 44 Iluriis urns 114 Ilutte A Hup Cop. . 17 Oil Petroleum.... 1S9i do pref as Ciinadlan Pacific, . 132V4 Central Leather... (10 Cerro do Pasco. . . .10 Chesa & Ohio. ... 4(1V4 Chi tit West pf.. 20 Chi M A St P... :ifli; Chicago A N W pf.14.1 Chi R I & Pac t c IS.14 do 0 p c pf t c. 41 do 0 p o pf t c. 31 Chill Cupper .... 1.1 Chlno Con Copper 4 Hi Col Fuel & Iron. . 3.1 Col Oas ft Klrc. .. 3IV4 ConMil (las dn-'x, Cont Can 97 K, Corn Products . . . 2H do pref 901i Crucible Stfel .... .I.llfc Cuba Cane Sugar. J9 do jircf 78 Del & lludfon.... 91 Home Mines (1 Distilling Sec 31 L'rlo 14 do 1st pref .... '. Oftfton-Wllllams.. 32 (leneral Klec Co..13()Vi (leneral Motors .. A!) lii.odrlch. II V.. . 3rt Oreat North pref . . Sll tit North Ore subs 10 (ireene (an Copper 37 (iulf Htatn Steel ...HI Inspiration Copper 43 Intirbor-Cons Cor 7"; do pref 4 4 V; Int Hnrv of N .1. .Itln lilt Mer Marine.. 24 do pref IIH'V", Internal Paper. . . '0 Int Nickel 2fi Kan City South. 17 Kenm-cott Cop . 33V4 U-ick Steel o Lrhlgh Valley ... 33 Lee Hub & Tire. . . 13 Max Motor 2.1 do 2d pref .... I Mex Petrol l'J Miami Con Copper 2". Mldvale 43 Missouri Pacific .. 23 do pref 4(1 Nnt Con & Cable. 24 National Biscuit . . 03 Nat Knain & Stpd 37 Nevada Con Cop.. I7V N Y Air Hrake.. . ,10a New Y'ork Cent . . N Y N II ft 11 ... 27 Norf ft West ....lOJVi Northern Pacific. . M Nova Scotia Steel. (16 Ohio (las 3d Owens Hot '" Penna It H 4.H Pere Marquette . . 14 do pref 47 Pitts ft West 22 Pitts Coat 43 Pullman Pal Car. 1 flit 42 22 fi04 77 fill', 1.1 (III 1K 31 Vt H0 21 37 3d 4.1 12 Ry Stl Spring . . . Hay Con Copper. Heading Hep I ft S Hoyal Dutch .... Ht L ft S F Havage Arms .... Shattuck Ariz . . . Sinclair Oil So Pac Southern H II ... do pref Sup Steel Studebaker Tenn Cop & Chem Texas Co 142 Tob Prod .12 Twin City II T. 7 Vnlon Pacific ...112 Vnlt Cigar Stores. 01 I'nlt Fruit UK V S C I P ft F pf 10 U S Ind Alcohol. 11 1 U S Itubber 32 do 1st pref 1 . . 06 U S Smelt ft Hef.. 4.1 V 3 Steel 92Vi do pref 10 I'tah Copper 70 Utah Sec Corp... 12 Va Car Chem.... 34 Wabash do pref A 40 West I'nlon Tel.. H3 V estlnghou.se Mfg 33 Woolworth 107 Low 2 ia 74 3.1 DA (IS 33 2.1 13 24 ti 33 : 101 .10 .14 01 10.1 int. J.1 H LIU 44 .in 2V4 (17 nn 43 78 08 44 113 17 1' 38 130 n.i 30 45 2(1 3.1 113 18 41 3(1 1.1 41 33 31 8.1 on 28 00 32 231,; 78 80 0 3.1 14 31 I2n 87 an 8! 2(1 37 87 12 7 43 l"7 33 04 2.1 2n lOTa 3 1 70 33 13 23 18 78 28 42V4 22 30 23 03 37 17 108 1 27 102 83 AA 33 02 4.1 14 47 21 43 122 40 7 74 no 1 1 nn 18 31 80 24 37 31 42 12 139 31 7 11 80 118 4A 100 81 00 43 00 Clno IRVi 73 Net che. U V, 33 08 03 1 W 3A 2d 1.1 23 71 33 7.1 lot 1 Al 3.1 04 V. 10.1 1 109 3 2.1 13 44 J'. 4 .1(1 1 83 OR flO 3.1 .. 47 2 70 (18 41 114 17 12 38 132 A.1 3(1 4fl JVa 20 u .1 ii I 3(1 14.1 18 41 .11 13 41 3.1 31 8A 00 2R 00 .14 28 78 91 A .. 34 14 .. 22 32 120 89 r.o 1 Vi 1Vi 1 1 -1- f Vi 1 80 2(1 I 37 87 I 43 7 .. 43 108 24 0A 26 2A KIT'. 32 80 Vi 53 13 2.1 Vi 1A 79 28 42 23 40 24 93 37 J 7', ion 08 27 102 84 All 3 A 02 4.1 14 47 21 43 122 40 22 00 70 09 14 00 18 31 80 24 4. .17 3.1 14 12 14t 1 32 7 112 1 01 118 4A lit 32 06 43 91 2 Vi -1 -I -2 Vi 1 Vi 108 108 White Motors Willys Overland.. do pref Wis Central 38 19 71 31 7.1 12 33 8 40 83 38 107 36 18 71 3,1 7A 11 33 2 V4 40 83 33 .. 107 6 19 7 1 35 1 Tnlal aalea. 373.8041 Khneeu. -fimin.a .. ui. 406,100 shares Wednculnri thUH fur t tiles week 1.746.200 aharesi name period last rek. 1,920,. OO0 ahares. i: dividend today United Slates Steel Cor poration l1. and 3 extra: Southern Pacific. 114 cnlnn Pailflc, 2 and H etra: Canadian Pacific' 2H: Ha vane Arms, 14: Norfolk and Western IV : United Paper Ponrd Vj ; l.uclede (las. IV: Laclede lias prelerreil. '2, ; 1'allfornl.t I' prefe V, : United Ctsar Stores Ilubber, V : Klk Horn American . Susar, 11; : ferred. li. 'ncklng, it,. 'Uel nreferr.-.l IL . American Suxnr pre- prefirnd. 1 ri WITHDRAW LOAN DEPOSITS Reserve Bank Wants 25 Per Cent Not Later Than December G Notice has been given to Liberty Loan dcosltarles for the withdrawn) of 23 per cent of their deposits, to be paid over to the neserve Hanks not later than December 0, This withdrawal follows that of 20 per cent, payable today, and will make a total of 45 per cent for which definite with, drawal dates have now been announced In a Utter to depositary banking Instltu tlons In the third district, Governor Hhoada of thn Philadelphia Ileserve Hank says: "Depositaries which are owners of treas ury certificates, dated September 17 and called for redemption onr December 6 may rnake all or part of the payment now called In euch certificates1 BAR SILVER inilnii (pence) NeW York (cent ..... l.-'t .1017 'S 'P.?'?' Jljsh law Today '.) Sill itf 842 108U SB "HK AMKKIJjAN UAit t'OMrANV" w M.i.,1 nirm Csmden, N. J.. November 20. 1017 A' quarterly dividend of I per tent or tl per tkare, has been declared on the capital Stock of thle ctimpany. payable December 1st, lij? i the stockholders of record at B o'clock p" ii; November 21st. WJ7. Checks will be mslled. J. II. TOW, dflbj. mailed. nnr.nu aa. Treasurer. i 1 Woolworth '.loaf I is? wSrinvis-u-ii - si Worth fM pf & IT I DIHECTOKV Of ACCOUNTANTg CfTtUlc4.1'bUe ActttaU "" Oeor.e K.; Watson. C. P. A. Hlsh. Jaiw, .10 Am Ons .... 0.1 03 10 Con Tr N J 67 A7 20 Klec Storage 49 40 2(1 Uoodrlch T O 8AVi 30 .10 Key Tel Co. 0 0 .10 Lk Sup Corp 12 11 03 Lehigh Nav. 7 57 183 do war w I 7 3 Leh Valley.. 83 83' lAMlnchlll .... 81 81 1038 Pennn It II.. 40 4A 1.1 Phlla Co ... 28 28 22.1 do cum pf 30 30 433 Phlla Klec .. 2.1 23 18.1 P HT tr ctfs 26 26 81 Phlln Trnc. 6f 68 1A8 Heading .... A0 67 Vi l.in.l Totiopah Pel. 3 3 llnTonopah Mln .1 3 40.1 I'll I .. . . 67 Afl 4.1A3 V S Steel... 92 1)1 Wnr I ft S 3.1 York Hv lif . 32 32 IQtlotatlon given Is Wednesday's close. Total mile, 028.1 fiiirci, eompiireil ivltti 6000 shares VVeilnrsilnM thus fur this week, 33.8A8 shurest nirne period In-t vtrck. 37.00.1 slinrrs. Net Close. che. 08 07 40 V4 30 Vi .. 0 ' 11 07 Y. 1 83 Vi 81 4 43 28 .. .10 2.1 2A 00 1 00 3U ri ll 00 Vi 03 tR .. 31 I sl. in PAwrf55Tl MST LOCAL LEADERS AREgSS -' ATV.TT-V TTT1T71C1 A TJ171 t TmvTTTlT s -r , " U m ixu jrxviojiio ixvxi vjjcjJLNJijrxiiJjjjY LOWlrl Pennsylvania Railroad Drops to Another New Lnw u Price of 45 Transit Certificates Quiet, but'Dedina T-..iol l3nlsYinv.4. n2 UJ, lunuaii xjciwiuiiu VJtUilS ItltMIS Net HlKh. Low. Close, rhlte. 8100 City 4s 1947. 98 03 08 Vi 11000 Klec ft; Peop Tr Is ... 73 73 73 8300 Lib Uomls 3 ',4s 90 98.20 98.20 .. 23.10 do 4s 98 97.20 98 9000 Leh Vnl gen Is 80 80 80 Vi 1000 Leh Vnl Coal 5s 101 101 101 IOOON.lt Pro 4-Gs 43 43 13 1 7000 Phlla Klrc 1st 5s ... 93 0.1 9,1 Vi 2300 Wclsbach Co fis 9,1 Vi 9,1 0.1 Vi Total biiIcs, 812.0.10, rnmtnirril Hli X27...00 11rilnr-ila tlius fur tills neck, IO.!,4uOl same, period lnt week. HJAO.0.10. INACTIVE PHILA. STOCKS Following are quotations for Inactive Mocks listed oil the Philadelphia Slock Ux thnngc and In which there were no trans actions today. Thu nrlco given Is the last ptevluus close: All.'ini'i Ins . . . . Am tlas Wnr . , Amir Mill Am Stores Am stuns pf . linn J tl Hurr . Hiiait pf iiurr sun t . Cam stis l .... tli'h A."PhHlt . . . ILn Asphalt pf. Ilia Co of X A Key Til pr l.cii Val Trans. . 274 . 19 Leh Vnl Trims pf 3H . IVa Lit Hn.H 2.C . in Little Siliuylklll . ..1 . 32 North Cent .7 . 02 IViiim Salt .... SS .111 PUT 2.i . ilnVj llwy Co den . . . 4U . .10 fn Cos of N J 2"l!lj .11.1 Cnlnn True 'I . 14'li f S Steel pf Hill . .12s Win Crnnip e,H . 24'. W Jit ft S S ... 44 .14 Wrstliliire Coal.. 77 New York Bond Sales SliiiHi.) Amer AKr deli .". llllllio AtlKli.-Kri-nrll .Is liiMHI Am Fun-Ian See ."a.. . ((inn .imr Smelt ft lit tin .".s .'nun Anwr Tel tit 4s ".'.nn do .Is lnon iln est IVjs 2IIIHI Amer VV rit Pap ."is, . . . 4IIOO Atilllmm -n 4s 2H.I.I Halt ft Ohio ."s 4IIIKI iln 4h Itlllill iln cv P. a liiinn Hi' th steel 1st ;s :n'is. 1ll.li. llrnok It T ."is IMS.. . SIIIIO IllirilellUX anno Cent l.i'nihr 1st 3s . TIIIIO Chill Copper Ts lllilll I'li.M Si uhln cv 4'a s . Kino iln P-as 4.MHHI iln runv ."s L-iiniiii Chi 11 & t) joint 4s. . lllilll C M ft St P gen 4s 23s .vinnii do ifd m limn iln coriv ."s L'llllll ill) cv 4!ih TiKIO Cht ll I ft P rf.l 4s 2l'll'l Col & South 1st 4s.... 12.1(10 city or pnris os ... liiliin Con tin h uinv lis.... limn Ciibiih Am sugar Us. 401111 Crrro ib- Pnsio lis.., 2HOII li-n ft- Illo ilrlii .... 130HII liU Secur Corii .Ii .. lane i llrle lonv 4s Ser I) . liiiMi iln nt'n 4s 3.iiihi I'rt jh'Ii lli'pubilc ."Ha li.tii'i (Iranliy (is PJIIllll Interli Met 4l-jS . . . , 111IMII. Interli It T ret 5s.. .1.1IHHI Inter A r Mar lis.. jiiihi Internl Caper ."s . . , lllilll ill) lis 2IHIII Jnp new tr s 4'j..., jiiihi I.Ik & M T ,'s luiiii .lo Ts lllilll laiills ft Nnsh 4s 1034(100 l.llirrty llonil 3s. . 103011110 iln 2d Is I I3IHIII l.ons lis I sunn Murs.illes lis 111.10 Minn St P S S M 4s ."mi'i .VI K ft T 1st 4s . . . I lllilll Met W Side of Chi ,".i jiiihi Mo Pac w 1 5s 102.1.. Ilii'ili dn g m 4e lllilll Montanil Power 5s . Union N V C A H Us 12IHII1 N Y city 414s loon . 3IMHI do 4is l'.IO.l IO1111 N V N H ft II.. .. 311111111 N Y llwy .Is . , liiinn N Y T.I Ben 4s ... lllilll Norf ft West 4s simiii Nor Piic 4s lisio lire Short Line 5s.. Jiiiki Pacific Tel .Is llilill Penlm 4s HMS sunn lVnna uen ct 4V.. lltioll do rn I'-a" 12(100 St L ft S K ajt .... 3TIMHI do Ser A lnon do Her II 0(11)0 Seahnar! A I. nilj Ss. .'(lllil South Pac tv 4s ... 33011(1 do cv ." 2HHKI do rfd 4s Itlllill South llwy uen 4s.. lidiill South Hwy 5s 14 1 Third Ae 4s 320110 I' S Ilubber .Is ... NllllO r S Steel s f 5s ... 141)110 Union Pan cv 4s... 2IIISI iln rfd 4s Jl'.olid U K (I II ft f .... Union .lo .. 1019 ... 2.tunn do .114s new lfilit. 22non do .'.vjs 1021 snno West Klectrlc .Is ... IllEh. nai mi'i in sou S3V H3l,i, till "II S3S Tll'ii 70 !I2H S3', n.-.'n 1113 TUtii To. 74 I131. 1 Tills ll(! TT4 112 s'.-i, S35. 101 Kin1'. llfjl, 113 44'i OS 11.1 l.T ll.'l'. 113 . linV 0(l' II.P4 113's SI'.S. Mi'. S3". S3 II2 112'. nn nn 7". 7!! S2'i S2'i SI SI Til Til 711 711'.. Til 711. H2a -' S21. S3l li.1t. ll.'i'n 102 1112 711 70 Vi Yi ik 113 113 Ill's Tills 11.1 111 TTVa TT'i .'12 l'i2 K2V. S2 saw S.'l 1IHI Inl urn', inn1; 10214 Hi'." 113 l'.3 4li (is 114 4 IIT .1.1 St H4l 113 s; HT1 UTS inn ion 74 . 74 , OS IIS 111 111 SI! 14 SIIV4 00 00.88 7.04 07.nA 53 S2 sa S2 id'. si. 57 .17 54 sa4 S'.lt-j S'.n, 51 31U S!l S'.l 113 If, 03 1131. II314 OS". llh SI S4 tin; mi; 55 SS 81 1; M'.'i S3 K1U Ull IK! P2 02 1111 111. Ill '4 Oil. ns'i i.s4 r.i"; r.s, .-..ii, .-..-.a, 71 71 411 4S 70 sns; Tll .111 04 511 lion S4 Ts; ot'; n.i ht 02 0T Ml T!l 5S 113 r.s T04 no H4 TS. 0T n.i 0T tn1; OT 44 ns 114 !IT .1.1 sit; 94 !IT Hill T4. IIS 111 SU 08 112 oT.in S3 S3 MS 3 SI. 54 Ml 113 1.3 !IS4 84 it",; SS sn; S3V; no us no 01 0N :,h .1.1 71 411 TO SOU T0 5S 04 5H to; mil; si TS"; 0T l'.1" I'TK 02 0T ,Jffl.'.'!, .""''I' "733.00O. compared wllh 3.2ft.. WS) Urilnesduyi thus fur this week, m.1,848.000! same is-rlod Inst week. St4,2.10.OOO. lith tkMr, Beal Katale Truat Building. A ShlFVUHm em hw.( 1 AVMXi m I lhri' ll How is your order handled when you instruct your broker to buy you a security? How is it entered? How is it executed? How is it recorded? "The Course of an Order" is the title of a booklet pre pared especially for those not thoroughly familiar with the, details of buying and selling stocks. Send for it. Ash for Booklet S88.T.U, JONES & BAKER HTOCK llltOKKHH Widener Bldg., Philadelphia Hell, Walnut lllllo.l Keystone. Itaca 22110 New York Iloaton Clilrago l'ltt.l.urgh fllrcct Prfpafs ll'frrs. JOXKB UAKKIt. U'tdriirr lllda., PhiladttnMa, Fa. You may send me your booklet, "The Course ol an Order." I ,Vnme . Aidrias ,CltU , tt. .':-'' Al' M7 J-? 0V"TtJ. ! 1 emvswmm-m memmm wemm -m-wwrnm jmmmm0mmmmmmmmmemajmsMWtWmmm The local stock market was generally In nctlvo and weak today, tho majority of the usual leaders being neglected and when offered for sale they could only be dlspoied of at recessions from Wednesday's closing quotations. Tho feature of the Philadel phia Kxchangc dealings wan further weak ness In Pennsylvania Hallroad, that favor ite Investment Issue declining a full point to 45, the lov-ost price at which It was sold In more than twenty years, with more up 11 frnctlon, whlla thai rants were off a trine c"mri 1 Itapld Transit trust certifies me, nut were a f ract lnn i n whllo Philadelphia T?actl?n !' on n very small t,,,e.ra.?"on H kwl: preferred declined a full 'nl?,, Hl' improvement was a , uarter'ft 'nt' Storage Battery los .hi' .!"' S .Mineniii, usually Inactive 7. lml" small rmnntltv. wiii, ..!' "" obTT Lolnts. at 61. Keyrtone T.te!11,Ut 1 shares than usual changing hands. Heading I sicel sold above 92 e1et..Ja attrie k ' was off as much as 2'.; and Lehigh Valley dav It chanitedn l.,l 1 Iy' but "lorUfil .. ..,,,.,..... ti...., .i. i. x. ,.- t i . l enangedo hands at 91 ...' i Ua 1 '""' ' ",'".-"T-'u"a '," . ". I ':: .": ..".IDy "ends were on.', " t? .$, ho .u..: " newj sylvnnla recovered to 4574 and Heading 10 C9H. Totiopah Helmont was the most active of tho homo stocks, ntid It was one of tho few Issues recording advances. Moro than 1200 shiftes had changed hands up to mldafter noon and tho price was a fraction higher at 3, Most of the local stocks lagged throughout tho session. Lake Superior Cor poration, on a few odd-lot transactions, lost 11 quarter, Lehigh Navigation stock picked all transactions In thn au... .Ilh closing price, while the T The exchanga governing ... noopieu resolutions de.igneo I . ,e evasions of the Federal I war ... ?. & on cacn iuo rncc value nf ... 1 ' lwa.l sold, Any 'member fawrtaSl enabling him to Zui rl"L kP b2I bo deemed guilty of ttn" B", !? the Interests of the exchang, detflnS COTTON DECLINES FOLLOWING GAINS Strong Cables and Peace Talk Help Prices Early, but Realizing Follows NKW YOHK, Nov. 30. After some posl. tlons had been established at new top tr.nrks, the cotton market sagged today. There was no fresh feature to the news. A rate of 110 continued to be bid f(.r freight room and refused because of lack of ton nage. Strong Liverpool cables and peace tnlk as a result of the letter of Lord Lansdowno caused strength on the cotton call this morning. June showed nn advance of 54 points and the nctlve months were 27 to 39 caused strength on the call this morning, tune showed an advance of 54 points ntid the active months were 27 to 39 points net higher. Itoom traders, spot houses and Liverpool were good buyers, but by far the greater purchasing was believed to be covering of shorts. The selling came from uptown Interests, Wall Street nnd southern Interests who were believed to be hedging. Com mission houses operated on both sides, sell ing on balance. Heavy 'realizing sales were readily ab sorbed nn Hie early setback, and the market showed Increasing strength late In the tiKrnlng. Liverpool was the prominent early buyer, but there was also considera ble buying by domestic trade Interests and the West, while later demand developed from southern sources, which served to con fuse sentiment and started rebiiylng by some of the early sellers. January, Marcfli and May made new high records for the season before midday, sell ing about 50 to CO points abevo Wednes day's closing figures. Wed. close Open Ills'h laiw Cliiie December. . . . 311.13 3(1.4(1 3H.4S 3(1.1:1 311 3(1 January '.Ml. 29 -11..KI 20.S3 2H.4T -j:i..13 March '.'s.Nfi .11.1.1 111.4.1 20.HT 20.11 V.iy 2S.5S 2S.IMI 211.1.1 2S.ST 2S.IIII Julv 2K.3II 2S.T3 2H.1I2 2S..K1 2S.7II r-pot 31.2(1 31.00 NEW YORK COFFEE MARKET NKW YOHK, Nov. 30 Tho market for coffee futures opened moderately active today, with call prices showing advances of 5 to 9 points. A December January . . February . Mnrch .... May .lun.) July September October . . Weil. ien HlKh Low Close close ll.SII 11.112 II. Ill ll.SN 0.N.1 11. I'll 1 l.T II 112 T.IH. T.IIT Tll.l 7.1.1 7.24 T 20 7.1T T 1.1 T.31 7-3.1 7.32 7.32 7. 3(1 7 42 7.40 7.3S 7. .13 T..14 T..12 T.4II 7.411 7.0S 7.73 7.(K1 7.0.1 7.02. T.T.I T T2 7.08 INCREASED SELLmc?i MAKES CORN WEAKeS! Reported Arrival and Dis(ri0 tion of Empty Can Cam. ? T.intiirlii4ln ! '"'""""" 1 ,. , , CHICAGO, Nov, 1, i "- ".cinn, me corn marv.i i1 cilned today. The setback a, pr ' ' mi..,.iiuu . .1 , . 'reMfitj mv""",v'1'1 JllinC rf-rPBatinn. fc .inner start. There was Influent,, J ton on the reported arrival hr. LZ ) r ; :r " i". m ,, " " rs "T the transport,.?; Hon ot grain. J The tone nt Liverpool w. 'drm , ! scarcity cf offerings and a joodd(rawj5'! tho iow $1 iil ' V (111 $1.21 the I nn ,,7,?r.f..l:-'V..CmW"'l The best on May was ll.liff,"USS ' fl.lSVi and the close M.lSViflliltT against L18. Wednesdly's lait wlci 'I lie high on December wo. nmi ?.' low $1.23. the elose $1.23, aralnit 'jiu ;. lit the end Wednesday. ' ' 1 Oats sagged after u higher start. Tr market was affected by the news of .ctul developments lu the dlstrllmiinn . " Tho buying power whr not good andvihiM '.'I receded as much for the lack of support u I or selling pressure. It was reports ihtt l.ooo.ooo bushels would be delivered Z December contracts tomorrow. Leading futures mnBc'l as follo; Isiw Cloie I Open Illirh torn (netv di llver S- Dec... 1.21 1.24 Jan... 1.21 1.21, .May.. 1.10 I.I01; dills I"C... T2i May.. 70 Lnril Nov.. 20. 7,1 20 Jan.. 2.1.2H 2.1' Mil v.. 25.(1,1 nibs .Tun.. 2.1.07 20(111 May.. 2.1.77 2.1.8.1 Pork Jan.. 4S.dll Hid. tAskeil Wet' 4 T2, TO i.ll.l 23 1.2(H; 1.1S Tl 00 2.1. T.l 24.0(1 24. Ml 1.23 tl 1IU-.I 1.20 'ta l.lH'a 1.11 i 71 C9H A 425.T.1 24.0.1 124. SO 21.(1T 28. 5J !.U H.IJ t:s.:r' COM t!ltO 4S.3I1 4T.00 t Nomina I. 47.80 t.H Local Trading Small This Month Share nnd bond trading on the Phlladel- - I phla Stock Kxchange ending this month fell jA ..fe .1n,.l.l,..ll- -rrfinufir.l.,nu In al.v.1,. n-. ifl I less than 290,000 shares, nnd In bonds bare-' ly passed $1,000,000, These flaiirea com pare with 325,369 shares In October, inl 1,012,808 during November last year;'and with $2,400,880 worth of bonds last monOX and $1,704,995 In November, 1916. LENT TRAFFIC COMPANY Chamber of Commerce Building Pittsburgh "PITTSBURGH" Selected as Location for COMMIT! EE TO OPERATE RAILROADS DURING WAR We Keep SHIPPERS Informed on 1. Priority Orders 2. Embargoes 3. Open Shipping Routes 4. Pooling Traffic And Other Railroad Subject Write for Our Bulletin "Serving Shippers Everywhere a NOVEMBER 30, HIT THE CO-PARTNERSHIP OF HENRY & WEST HAS THIS DAY BEEN DISSOLVED BY MUTUAL CONSENT. WILLIAM WEST WILL LIQUIDATE THE AFFAIRS OF THE FIRM AND PAY" t MENT OF ALL AMOUNTS DUE TO IT MAY BE MADE TO HIM. 1417 CHESTNUT STREET PHILADELPHIA NOVEMBER 30, 1lr" THE UNDERSIGNED HAVE THIS DAY FORMED A CO-PARTNER. SHIP UNDER THE NAf.E Of West & Co. FOR THE CONDUCT OF A GENERAL BANKING BUSINESS AT THE SAME ADDRESS AS THE BUSINESS HEP-'TOFORIi CONDUCTED BY HENRY & WEST. WHICH FIRM H oEN DIS80LVED. MEMBERS NEW YORK 8T0CK EXCHANGE PHILA. STOCK EXCHANGE WILLIAM WEST HARRY C. THAYER GRENVILLE D. MONTGOMERY WILLIAM W. WATSON, ir. 1 WILLIAM S. EVAN! -re- Kfz v Vr' m : 'VJ &.C6m:& iA jV
Significant historical Pennsylvania newspapers