RJ:' ' .EVE&INO i'UDlfttJ . LBDGfin-PHlLxCDBLPHlLA. WEDNESDAY, DECEMBER .19, 191T ' ' ,'- . f-feAI s s u ' : : : ! " : , i j i 1 ' ILLY, IROCK A CO. BANKERS HAILRCAO IQUIPMCNT TRUST SECURITIES DUE 1SII TO 1927 rv, li'. FT NET FROM 5.50 TO 6.50 'DETAILED OFFERINGS ON REQUEST JC6 CHESTNUTtSTREET Philadelphia NEWS OF THE -FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK PRICES STOCK PRICES SAG IN NEW YORK, WITH RAILROADS MUCH LOWER Weakness of New York Central and Pennsyl vania the Feature Selling Thought to Be for Big Banking Interests Ncu? YiJrk Stock Sales Hifih Points in Todau'n Financial News Acki Yfirk atwk market unit octirrnUu lower, irtth srnsatlomtt hicnk in railroad hmies the feature. Oil tharct Inl trndlna nn the Curb. Ontu and foni una hluhrr ami rattan declined, Vorripn rxchanpe it'll extreme til dull. An extra dlrldeiid i((M tlcelarcd t"j the Amerieaii Shipbuilding Company, liar rtlii k tins unehanprd. tf lYf. hi 38 ' iT , Hi s- rf w Pm fa Free of Pennsylvania State Tax '.We own and offer, subject to j'tiaie, the following Wch-crade ;'.RUrond bonds: Appro,. lleM- 4.50 Plul.tMpaia & Reldinj Improietnint Is, April 1P4T CoBttin Railwi; (Prult.) la, Mat h tv.M Pittiburta, You-itilawn ft Aiitibola R. R. Gen. 4t, June 1W4 .. ; Pttfla'tlelpaia & Retains consoia-taiea ip, I.WUV V.IUt . Ota. ComolMatfd 4 Via. May 003 4.JS PlHt., Cin., Ckic. & SI. Loan Conaoll4at4 4tj. April 1942. PtauTlTtni Company Flrtt 4Hi. July 1021. . Bofalo, Rocheittr & Pittikarfk Equlpmtnt 4S. May l(i;n.... Btcck Creek R.vR. End is, July 1H31 March J037 f 4.S5 4.55 4.62 S.00 S.3S 5.3S 5.55 trieet eni parliculari vptn opplicolion The National City Company 1421 Chestnut St., Philadelphia Ktw York Chicaco .-n Frincneo Bolton Pittiburth v , tefi -r Barnclt Oil & Gas Company Producer Refiner DUtributor neflnery of 20Od liarrla dally ca pacity. 103 tank cara. Own ripo Line from wclla to Mil road. Dlatrlbullnc nations. Placed on quarterly rlUMend bail. Tayable Jan. 10 .1 and 3 extra. Paid 3r dhUeml last year. Active daily market Ut nround fl'H. CLARKE, Inc. mortox n. AI,r,.V.MlUIt (Flealdeut Partner) ? 1'hone II 111 lrue r Mark Eirhante lllilj. I'lilln.. m. iT William at. New Ynrk l.'ltv. iiivinr.M).s iiii)i:.M THE BARRKTT fOMPANV V. J.) A (.inaiaalu i1t.rtnt1 fins tltt.. - .l i 1 i "" Mnr II mi 1m VTvnijMit? rnin iEiiiiF irr oniirr mix nfn -A-cIarrd on both Common and Pri'lrrnJ f".".'! Capital Stock af The Harrrtt t'omraiiy. I' fi w Jrak-. n0 tb Prttrrfd Stock Hub- , t. icrmtion itmipis oi in" American i;oi iv'Froducta company, raabm mi January i, i-r.itlS. to Common stock hnlUM of rconi ,V.Vf 11 Hi in rmpf'oi mtsnirnn (.""tjriiiuvr ". W ilB17. and January l.'i. 1018. to thy 1're-K.-rifBrred atock liotdirn of rroril na ut tlie ..' kMe of liualnfaa Jnuury 2. HUH: on Juti- g, iwarr 15, lulM. to Preffrrl Stork Hubarrlp- EVv .. 'Producta Company of rord ait at tho close VUB" January J. 11N. - t IJIIIIIliil "Hunt a t i tinui i I - Ni:V VH!K. Drc. 1?. Thctp whs MiRplnji toiiilcnry ti llic Nlocl; niHrkrt nil tliroiisli Ihc iliiy ulilcli In Miinc Nsiicx. ilevelopnl lulu ptoiicuiiirod VtoiiUncss. mill tlir ility'H tnitllns whs niiirKnl l.y llic riliilillclini'-iit of Ivm ih-w lv icconlx. New Yoil (Vulrul fiillliiK fitun US I" '.''. nm! I'cnnsylvnnlii iIiiiim'Ihk fniiii III to Inli. The M-Ulns "f tlicp nitikM r.mie to n rMenl IIiioukIi linikcrsniiipo.-iil In illrnlly irprcscnt Imporlnnt Imiildns Intrrct''. The xoluiiu- of hulncsH whh oniall. with c.xtrcnio ilullnes,a ptcvultlnji for InnB periods, nm! there was illsposlllon to attribute loner prlecs to the- thinner of the market, which lin.t been so often commented on, mote thmi to iiny Bpccl.tl pressure. Other mllrond stocks sold at new low records for many years, Union Pm'lfle declining to I03U mid Southern I'aclllr selllns down to ni, while St. I'aiil prefened yielded to ilfi-V There wa the usual nsiumptlon th.it mtieh of thW fcelllns I epic-n-nled foielsn hiildlliKH. hut theie w.n no vm In which lepotts In tliW i ffrct could ho cuiilli'incd. While the lullroiid uinup i miomiik In lower Icxels. Ihele wic a uniiil ileal of conjccltiie iilinut Ihe leiin which may ! imihipi1 In the plnn for (jiKcriimeul npcratlon. One ulorj was to the efrect that prom on rallio.uls will he limited in 7 per cent, with the balance subject to Covernmcnt taxation, which. It ivai asset ted. would amount to almost complete absorption of extcs revenue. Tho movement In Distillers Securities, which was the feature of jcslerdny's tradliis. ended abruptly attff that stocl. inado a further sain In a.'i'i, and a hurried sclllns movement quickly carried Its price to be low 33. United Slates Steel common ranccd from SST to Si)',, and other steel Industrials yielded abour the same amount. Liberty IHis raiiRed from 38.11 to SS.r.U, nnd the Is wcie trailed In nil a lame M-nle from 07 to 07.12. AnRln-Krcnrh ." were steadier ihirlnc I1m fntcniion, sclllnR at S2ni. i Severe Decline in Anglo-French llonds l.ail wcek'rj 'decline 111 the Anglo-French ., per eenl boiidi was mic of crciil tecrlt; but despite the fact the yield then was elit&e In I'J per cent. Ilierc has been further heavy scllhiK HiIh week. In many re , spects the decline In these bonds Is sentimental In that It reflects the trend of opinion as lo tho character of the war news and Ihc likelihood of a great (.Jermaii offensive im the west front. Tho fact thai the end of tho war scents far removed Is another con tributing influence, as these bonds would bo nmmiK the first to show signs of t cooperation In the event of an thing resembling a genuine peace movement. They have been declining an .average of mole than a point n day. Thero Is some telatlon also between Ihe selling and the Ituasi.in debacle, as I'Vancc Is loaded with Russian securities and complete disin tegration of tho newest of "democracies" would fall heavily ou tho Fiench people. ,Ve have It on the authority of one of the leading Insurance Intel osta In New York that there has been virtually no selling, if any. of railroad securities for the account of the largo Insurance companies. Thcso com panies amortize their loans nnd, while they mo concerned over the depre ciation, are not selling, as where tho Investment Is sound It will eventually work out satisfactorily. Tho principal source of railroad sccuiltlcs has been tho Individual, who possibly has had hfs bank lighten on loans seemed by such collateral, and estates. Tlc banks throughout the country aie c.crolsiiis the most tisld discrimination. Some are refusing the extension of loans even to good customers. Hankers have the habit now and then of carrying their fears lo extremes. It l.s understood that tho funds for the 2 per cent dividend on New York, Ontario and Western stock will bo derived from the Interest paid lo tho company on account of accruals against tho bonds of subsidiary coal companies. Illsli Alaska it jf . nj Alaska Juneau It. Allls-t'ltiilmers IJ'i Am licet Sonar HSU Am ran gi "In prrf . . . aa Am ' I' I'n. . n! Am hit t'm p. . .," Am I'oltnti oil. Am II K I... . lo prcf . . . ' Am l.hu'ced . . . Am l.nco ... . 'Am Mrfll ... . Am Smelting.. ' ilo pief . Am Sum Tub, Am Steel I'dy. Am Tel Tel. Am Tobai'en Am Wool .. . do picf . . . Am X.lnr & l.il. do pief Anaconda AtclilMiu do prcf All llulf & V I l)3U I Hald l.oco .... 3V I Halt & Ohio .. t i Harrett ("o . I Heth Sled . . , do II do prcf t c Hiimk II T. Hums- Hrn Unite K Sun 'al IV! pief "'anadlan I'.n "'cut l.cathi't ilo nrf " 'eirn lie Pasco 'tfi 'he: fc tililn. . 13 V "hl !t West pf I a C M & St V... 3 iln nrcf M , CM & N W ll"i II mi M4 l'.i III ;o too .n:."4 m; ns'.i. 141 'i II) an I -J to .1.1 '.4 Sli S1"!4 H BBVa 91 ''l .t:'4 tun l.l .-!! i IJ!)"l .VJ'i it; SBIi Low Ii I.I'd r..i .13 in. niiii lfl" -1 14 ll l.i 5M4 a',i inn .IP, .M',i Dll'.i ISft'a 39 ''i S 'J H' til .13'. '.4 16 til "4 .11', 4 Uli s; ns an". vy 35"(. i o:'-. i.i 3!'i! I!K .10', oi "!.' 13 la .inli B"', Sn'.i 1") 3. 41 U'i 311 30. iS'.i N'et rtis. YEAR'S CROP OF OATS HITS NEW HIGH PRICE Sales in Philadelphia , ''Sentiment Undergoes Radical vjimnKC una unerings mu Lightly Held i I! UIIICACSO. Die. 19 New lilttli pi lies on the present ump "'lo cstalillshcd hi the oats pit today , j, with reports of preferences being flven 4 'lo tho shliihig of corn nnd talk about export business being tho Influences, Curtailment of the movement to mar- i i krt. the result of the Fhortage of cars 1.1'. n.i 33 a mitt tni 10". l"4 SI' II If. I SC.4 ' mi i i i"; ion M .ilH - Hi 1IV4 1 " - i li - U4 anv, '. so - ',s in. . in l .11 l ;V4 314 '.a IT4 H4 1 .11 4 fa 434 5U ni 14 as "!i my, 1". 03:i i.i 10. 'i 13 !'il l!H SO'-, a; M'4 13 IS 3; flfi-U sfl4 IS a.i! 41 U'f. 3S 30'i, SS'J tllah. 'I Am Has.. ;i) Cum Iron .-. ISCerrotlel' 4SH Mice Stor. .. loo Distil See. 31 "S, lutlen Asph pref, . . .10 Key Tel. . . . Ml MsSpCip 10a; ll l.eh .Vav. .IT 1, i: t.eh Vol.. .1n.j Mlnclllll. . .. SO Nor Cent 1J lal.1 1'enii It It 43 SO I'a Salt M JS14 .1! I'll nice, S2',4 .121 I" I! T t c S.ia4 II Phil Tr'ac 9 U P.catllng. SS'i, Sin Ton tiel. .1 .10 Ton Xtln .1 I'n Trnt'. . . 431 V (I I. .. SI. aln.1 I" S Steel S!?i, W lr & S . . W .1 & S . . IT. ?. i 1"4 a -A (Tit I K- PI"' . IS',4 I do fi p e pf I e 3',4 do 7 PC nf 1 c M',4 ! Chill Copper. . . I3',4 Chlno Con Cop 3---N, 1 Col Fuel & Iron 31 ',4 Col lias & Ulec SS t'onsol lias. . . . S'i Cont Can . . . an Corn Pimlucts 'JH do tuef . . . Witt Crucible Steel. IS'i Cuba Cane Sag 2(114 do pref . . 1.1 14 Pcpip Co pref. 03 Del .; Iltidsnn 03'4 I ie Mines . . !,i Distillers Secur 3.1". V.t Ie 1 1 '4 do 1st prcf.. to1). liaston-Wlll. .. 3oy, , "ien I'lce "'. 120'. (leu Motors . . H'4 ( do pref 13 lit North pref. S2'4 "it Nor Or subs 23a4 (lieene-C.i Cop .1.114 Haskell & liar. 3fl'.4 j Illinois Central si4 Insplral Cop. . . 39U j liiti'ibgh-Con C I do pref Kill. I lot Mer Mnrino 1K"4 do iiref 1114 I Internl Paper 31 , Inl Nickel Sfti.4 'Kan City S... 1.1. Kennecott Cop. 29 I Lack Steel . . Illi fl.iblcli Valley .11 'li Louis & Niish. . I0li, lol"i, 10l. 1 Max Motor ... 22 1 do 1st pref. . .12 Mex Petrol - 9 1 Miami Con '"P 2 M & St 1. new ! Mlilvale I Mo Kan & Tex. Missouri Pae. . 1 Nat Acme . . Nat Con ft CI SO 21. on IS',4 20 M',4 03 no at". I3i 19U 30 1 i 114 S.V). 13 SO 23 35 1.4 30 11 SI 31)4 5n4 10 11'ii 1.1 23 2.1','. 1.1 2S llli .10"4 1"4 4 I '.4 I 11.4 1a IITl SO 2V7. tin W4 2B 1.1V, n:i no ',1 r.i, 3I4 I3"4 in'i ''i '" n..t' ,. V7" .... -,a IM - 3 and an advance In the cash article caused shorts lo run lo rover and Im parled confident e to Ihe bulls, who In 'cased Ihrlr lines. Sentiment underwent a radical chaiiRe almost from the stint and offering vveic lightly held. Iiolwllhstaiiilhig Ihe sharp gains, scalteict selling liclng easily taken can- of. Trade was uctlve. The lime 111 Liverpool was steadier on a demand fiom Loiiiion mid good lib scorptlon of older cargoes by France. The high on December was 77'st' , lli low- i.'i'.c. and the close 77'ie. com pared with 73 ',4c, the final quotation of jesterday, Tho best on May was 73',4"'i the bottom 72',4c, and the final 73NiZ?ic, agalnit 7?e, yesterday's last price. Ceii also moved Into new high ground for the crop, on adverse weather con dltlons for curing and moving the grain and In sympathy with Ihc rlie in oats. Operations were not large. Shorts cov ered and there was a tcarclly or Hirel ings, the selling hehig confined hirud in prollt taking. IJcuelpts were metier lite There vm 11 gnwl demand for the cash article, especially for the better grades. The market nl Liverpool was firm on (linllnued light cpurt offers "nnd fur ther unfavorable Hdvlce3 from Argentina, although beneficial rains were reported In the southern part or that country. December ended at the top at Sl.IS'i, and yesterday's c!no gl.SSMi, The high on January was SI.;:, re low $1SIJ and the close f I.SITatvl.SI'a. comparetl with $l.:i',i, the final quotation of es terday. The best on May was J1.19'i. the bottom Jl.lOsi nnd the limit Jt.lO'i I.Mneiicaii Slotea ilcl arnln.l t! 11! ,.AB, .! ..... !... Ilrlll .1 (1 I,' " ' ..n.u, "'" I Hurt Suaa t c Learllnir futures ranced n, follows: Te. , ('pen inch Low Close ilnse torn (new delivery) I.. .,-'4 1 -H',4 I.S.i'iTI.SH'itl.'J.t'i l.'JI', I.'.".' LSI a. 1. -Jinn. 21 'i I in', 1 lli'i l.l-1.10, l.lilti 1rf)w. 1tt 7SU 34 .in i'l',4 .17 .11 is 40 mi SStt 2.1 s',4 ; .i S3 sn M Net Close, cluie. 10 1 42 !U t4 !4 WEAKNESS OF P. R. RA FEATURE OF TRADING ON LOCAL EXCHANGE Sensational Drop of 3 Points to 40: Causes Sur- l)j'ise Northern Central and Lehigh Valley Are Weak Also P. R. T. Lower i .1 3 Weakness of Peuusjlvnnla Ilnllrond j stock was the feature of trading on the Philadelphia Slock Exchange today. There were falijy heavy sales of that lsue which has for many cars been prnvcinent Hint Is sold off I i to 6.1, a. new Idw record price. Philadelphia Klee trie was not dealt In heavily, but held steady most of thelay. Other home shares were quiet.' with price changes Irregular. General Atphall lot more than 2 points, Lake Superior changed hands a quarter lower. Lehigh Navigation picked up a little and .VI24 nhnff. jesterdayi thus far this "".'"j 2S.2S0 aharrsi same period laat ncek. 12,5i1 i.nares, nnMis Hlali, f 100 Am Ci A- i:iec5s SO 1000 i:i irl'eo lr 4a 1.1 ',1.10 Lib llonds 3'bs.. 9S.1S I.1M0 do 4s.. 01.30 loon Phlla Ulec 1 t ."s 93 4, looo Heading gen Is so'i 12000 Span-Am I 6s 004 1000 Welsbh 5s 91 Total win. HO.aoo. eompareij L witiaiiwi'. 2.VI je.terdayt lliua far this week, IIB1.500I n period last week. J.10.0OO. 30 tM4 101,4 .17 ill 482 12 40!. ,, ti. S2ak tj, considered one of the leaders of the dc 2.1 , '14 slrable Investment slocks, and Ihe price as .4 . v deel mod ahat-nlv In 40S-. . !,, nt - I. r,.i .., ...l.ll. 1.1 .. .,,.... u. a T ' ' '" " , " " " ' IUII'JIMII Ll'IMIUlM, .YIMII 1Mb lin ,U1. a ,", PohilM arid a new low, Northern Central! .vesterday. was marked up a fraction to j ., I followed the same course as Pennsyl- -1. Tonopah Mining and Pennsylvania 31 !4 '- i v'''ila and ilroppcd .1 points nn one s.Ve, Sail were unchanged, Wrjlinorelatid lis' n4 It'"' I'rst ono recorded brio rcccnttv. Le- Coal declined u full point and American unn it'hlgb 1'nlley was weak nls losing nl "as lost the same amount. fstt point 'f light tiansmtlorr'. while ltcad-1 Steel common followed the trend In t4',4 -- '" 'osl lbs same nniounl. I New York and declined more than 2 6 I iuiim i ran-u trust ccrlincatcs werei points alter Hemic mgner carl- 111 llio slon. hltl I LlliertV ltmids were Irnileil In ninfler- delphla Traction was unc'nauged. Further alely aiiil both the 3'2s andls wer wcasness was shown by United Lias Im-1 higher. 1ll U'nu! CI SO lUiiotallnn given Is yesterday's close. , moderately nrtlve. but weie lower, tic, jclltilng 14 point to 13, while rhiu Total atro. 11S2 hiire. rompared wlln H Net Low. Close, chae, no so A la 1,1 ' 9S.20 9S.4S 1- .2S 91.02 91,r,n i .30 934 M'i ''-' SO'.i SO', U 9', 90M ',4 91 91 2 Local Bid and Asked Today nid Ak Teterday Hid AK 30 1.1 ! Dee i.Ihi.. ,.Mny, TH'i 71' -nv, 7.T4 lieo . . .1.111. . Ma nil May... Itnl .21.2.1 23. '.in .im v. . , Ul 11.1 nibs Tan... 23.7,1 M.ty. . 21.1.1 ' !'-. 314 Jan... 4.1."ft 45.4,1 43.00 14I May... 4,1.110 . I,' 'llld. tAsked. ilia t77'i 1T? 73 '741, 73'4 IM I'd1 M 119 S.1a 13 so 2',4 3.11,4 30 ',4 SI 3Si!4 U ' S'i. -I 'i 10 J- 14 ll'ii "4 I 1.1 2tt, 23 214 I 5.11,4 "Si! t.1ni tt ' 2SH '4 ini 1 ' 301 I ',4 3'.4 24 0.-1 21.3.1 2.1.9.1 24. SO 24.37 23. tin 23.92 24.0.1 3 8.1 21.02 24.35 t23.S3 . 23.7.1 23.98 f23.4S 24 10 24.S8 23.00 4.1.48 '44.80 t 14.00 COTTON SELLS 0FP1 AFTER GOOD START llaldwtn f3' Klectrln storaae... 4.; lieneral Asphalt... 14 do pref ........ .') Keyalonn Telrphoho J' ,( 1 r ''" Lrfkn Superior Cor. 10'4 Lehleli Navlnallon. H LehlKh Valley i.0'4 I'etinaylvanl.i 4';4 Philadelphia Lire.. 22'4 Phlladelplila Co.... 2.; dn u per tent pref -'H Philadelphia It T t 0 21 , Heading .!' Tonop.ili Ilelmonl... 21 lonopah Mining. . .. C Pntnn Traction ... ? t nlted (las Imp. . . S'.'S t'nltid Slates Steel Si? York llwy .S do pref 3" V Cramp Sons... "3 34 1, .Ml 47 2 4 11 '', e,l 10'i r.T r''.. in'i 22', 2H (,ti 3 3 13 SO'i 32 SO 30 17 .1.1 4.1'i 14 i.n HI, Ml ms "7.. r.i'i 43'4 224 "i 2V4 r.a 21 t V'.' AC,-, S2', X 30 34 89 4 r..T4 4n',4 1.1 r.2 11 in 10Vi r.7V, 43 V, 22', t 2i 30 5'k'4 3 4'4 3k (14 '4 S2'. 9 32 SO Active Trading Sends Staple to New High Ground. Prices Drop 5 - 1IIHKCTIWV Or AIT IH'NTANTH ,t?' " VVVKl'JM'H K. lUlllVVN Xt I'll. 1-, v ., . .. rniu ..r.i. r. ni.ii. ii.t ni ..,... BrriNVKSTIOATM & A!JTT PAHTNKHHtlin S. ,Ma lUHIIIHATIU.X l- 1 . ? 03 f'-t V?4 . i ' U1VIDENUS DECLARED New York Mutual Ona Light Company, usual 1 P'r cent, palable January 10 to sto. k of record lliTemher 2't. ,, Kansas City Southern Hallway, regular Quarterly of I per cent oil preferred, pioahle January K. to sleek of record Im ember 31. r.innlre Trust Company N;vv York, niiar terlv of I per rent, payable December 31 to aim K OI rcioru w-t.riHi,-i --. Title duaranteo and Trust, Company York, regular quarterly of .1 per cent, nidi. IKM-emuer 31 to stock of rwon CMa'rket"'& T'ulton National Hank. New York. Visual quarterly of 3 per cent, payabla J'!l?Sl National Hank, ey. York usual IllHPPTKn ACCOtl.NTH semiannual of 3 per ien -aja . ,.... - 'Yrvl'nS "National' liank. N-vv York, cuar terlv of 3 a ahare. eatable January 2 lo In, I; nf record December 2H. Argonaut Consolidated Mining Comnanv. dividend of 5 cents a share, natable !) Iliviueini ; . M li rinber 17. ember in ennn " '-".:-----:---, New pay- of reioril Da- Nnsh & chatt Nat Un & Stp National Lead do prcf . . . . Ncv Con (.'op INACTIVE NEW YORK STOCKS Following are quotations for Inactive New York stocks and In which there weie no transactions today. The price given is the last pravloui sale: AtlaiiiM l?tnras.ll1 Mlrh I"..,...., ..n Advance num.. ' Mont Power ., r.n Vr.rlh Pn,. Advance Hum pf 2"', M SI ! ft S S VI TBI. NorUl ' ai, Ajax Iluober .. r0 Mo l'ac pn.f ALi" Nova Scotia Am Agr Clint pf 9 Mnuia s, e,,; ',, Am lixpress ... 71 Morris t u ,) ui Am Linseed of. s Nat Acme . . nn, Am Loco pref.. 91 Nat Hfscnli nt'iin Am Mnlt .9'i Nat Cloak t- si r.u 11 '4 34 22"4 2.114 tola S9 Jl'.li 10 99 10 1,4 ft'! ss 2.11,4 1'i 40 3 M 21'. -.M',4 ISM sin 31 30 99 Ifi'.a I N Y Air llrake.ios'i 101 N Y Central. . . fln N Y N II & II. 2 X Y O S- W ... 20 Sort & West. . . 0B ... IS'. Stl 80 Ohio lias 331, Pacific Mall .. 26 Pcim P. 11. . 43 Pitts .i West 1 1", 4 !' 28-ri 10'i 91 1714 BO 33 20 40',i 19 .12 BS 2.1 '.4 I'd 10 tt 314 SIT- Ti 2.1 '.4 - IS', 1 s l"4 34 1 4 1,4 39 tt 09 V, lO'.i 3 104 A3 SB 14 101.4 94 XF.W YOrtIC, Dec. 19. After selling Into new high ground on active trade buying and covering by j Wall street shorts, which sent prices 1.4 some 20 to 21 points above yesterdays close, the cotton market sold off frpm I", I the toi today, With the exception of December, which opened 10 points higher, prices were part, ly 1.', points lower at the outset because of poor cables and selling by Wall street and local traders. There was a little 1,4 Liverpool buying In evidence. tt i The list soon turned upward, helped ',4 by bullish spot advices from the South 3 I and reports of a good demand for the 4 tt actual article from mills In the South, 3 I Selling developed on the rally and the 'a 1 demand declined and nrlearecederl. 1 Trado buying became active shortly after the opening, while there was also INACTIVE PHILA. STOCKS Following aro quotations for Inac t've stocks listed on tho Philadelphia Slock Uxchango and In which there were no transactions today. The price given Is Ihe latit previous close: Alllama Ins.... 10 Leh Val Trans SJ Am Oss War.. l'4 t.th Val Tr or. as Amer Mill ....10 ! tllros .... -! Aioer Stores .. 32 Little. Schuylkill 01 Am Stores pf.. 02 fhlU Co riuif & huso, pt ' ''"'" i' ' u,n pt i nurf Kusq t c 80 c it , cam steel ....110, rtwy i'o (ley inn 1 ran rj j. noi un '.- - Oen Asphalt ... 14V4 J "as "t -. -"- Ins Co of N A 24'4 11 S Steel Pf. KM Ke T.I nrel.. S Win Cramp ... I2'4 Leh Nav rights . York rtwy Pf 1st pret ... IT'.i OIL STOCKS FAVORITES AGAIN IN ACTIVE TRACING ON CURB Houston Changes Hands to Extent of 20,000 Shares at Further Price Advance Curtiss Aeroplane in Good Demand XUW YtUlK, Dec. 13, Trailing on the Cuib was tnoic nctlve (linn srlias been for some, tlmii past, with several Issues showing' a strong lone for a spoil" part of tho day, and a demand of fair volume' was In evidence nn both advances and ds cllncs. The heaviest trading was In Houston oil, close to 20,000 shares of that stock changing hands with Ihe price making n further ndvnnce to 88(1 after selling at 3"i,j. Aetna Kxplosives was another strong feature, the action of the Court In cutting down commission charges on contracts being an Incentive for some vigorous buying, on which -the price moved up fiom "M to S5. The oil group was active nnd strong, following the lead of Houston-Oil, with Mcrrltt advancing from IP lo L'Or;i. but later losing nearly all this gain. Oklahoma sold at fi' to 5' and .Midwest rtcllnlng at 91 to 93. There was n good demand for Curtiss Aeroplane, partly due to state ments in regard to (ioveqmicnt contracts, on which that stock rose from 27 to 2!, while Wright Martin sold nt ti to ':';. Several thousand (iencrul Ulectrlc rights wcie' traded in at l"i' tr 1 11-16. United States Steamship continued steady, with sales at t'J and 5. Submarine on a few tiansactions ranged fiom IP, 4 to II. Mining stocks were generally steady, with Magma ranging from 3691 In 38. Ruttc Copper nnd Zinc sold at (1V4 nnd Rift mid Xlplssing at 8?j nnd 8V4. ixnt'sTitiALS . i imhpi,;mii:nt oil stocks Con'tj Yes. ' lose Ask (sale) , 4Vi 'JO 32 New York Bond Sales 11 Vt 2 (10 33 "i 2(1 1 10(4 -jaj 19 George K. Watson. C. P. A 13th door. Ileal Kslate Trust llldg. AUDITS TAX rtlirOIlTH SUTTON COAL COMPANY t (Huntingdon, Pa. It Ilmnrl Tnn Mtiiniinntia I ", lUf( 1A ..... . .....i , .i. -ins'. n'. Am Malt prer.. .oi ,ai iiit s pr.-noi; i " -'l-l '" "" Am smelt Pf A on'a Nat E .lp n4 , r.ulhnan v.i C.IOHi 101 101 1 ',4 vm'sSt.".::oB4''. N W, "." Ji'.. "Itay Con Co,... 20tt 20tt 20tt - -14) Am Sugar Pref. K)J N () Tex . Mei 7'! ' IteadlllB '. "" , Am Sumatra pf 0.1 N Y Docl .... hi" .,.. .. 1)lef 3j 3.1 3, ij.1 VmlTnl, nf new. fill Nt n n M ,fV -V !.'., . "" '" "".- '' 0'' " ', Western Voer corporation. u. 1 Am T t T !W !'i Xoif H Soull :, "" -U prei . . Ji-, oi -a lesterday'a terly of 1 P'r cent on nreferrid. navable , Am T ft Ojble, .11 orf ft West pf m'l lie,, lion & Stl 7214 104 !0i 1 , clos- Oneii ItUli Loo- Last fTls .-oSldated Ji ,inei: an interim An. r& r Pjj . -""".Vmer . . ,. ))ref . ,, ,,. ,. . . -'--. . u. .,., , &. an.," 3,. , 1 dividend of 10 shillings a nhare ;,,, ,.. Ami. Oil ... . . . Jl'.i rhlo (!a. el.' ' J-, ItoJ'al Dutch .. S 7 Bl 1,4 March ... SJ.OH 2J.M BIi.M) 1-9.79 20.04 1 bry'cr W 'I . "-' ' JLl.,- ., rK&M A 71 SECURITIES AT AUCTION , annual of 4 per lent- eaynblc Januarj U nrown who, ... ai Pere Marouette V shattUck Alls. 1.1'i. ltt I5U-' ' "e following securities were sold at 1 I n registered .December 31 ,,. nf Tlurna Bros . 107.. Per- .VI, rq nr,. i, "....": ..A, ...7 ...7 ...7 ,'? ' auction today by Barnes & l.ofl.1,,,1 indr cu 1 siurcs i.uiiiiimi t.-" . - nurtfriri; ni' i-niia i si-o ni ivmu .... -', , w , , covering by Wall Street shorts, which sent prices some 20 or 24 points above last night's closing figures, miking new high ground for the movement. T here was scattered southern hedge ' 3elllng on the rally and demand slack-1 ened, with consequent reactions of 5 or ' 10 points. The lone, however, was firm ' In sympathy with bullish southern spot advices and reports of a good spot de- I inanu 110111 southern mills. . .. ' a. ,.eafarrll IIHVHIlie iiauuniJ per rm y , .-.-;;- ;. Umh, cl08e Decern' Jr 21 and reopen Jany ,vH'Xok'i1X''l'nber,,.bd "r:",.";."'.! erly. of ,inii re- - w .. .1 ... 4 1 ,' a mi rii nun 111 11 ll''n..."1":':'. 'n,'. oreferred. pajal.le .. aiit aViu ra nil non ""-',: . -:;.i 1 'nu"r'.,r::- n'.o.nn o " IKi hare declared r."""VK-;- I i payable Pcember 20. ?? unry t.t. dcclaret. MO. rfcular dUrir- A BUSINESS PROPOSITION . A rorimriitlon will make liberal ar Krangfrnenta and Imnus with party who .will mike ruili udvuiirr. on .ulr. ion. .Jrael. ua -illnleriil. AdiaiieeM retmld ,-Bioutlil, Will atund rigid liitrstlgallon. J 410. I.Ll.liKIt t'KNTKAI. if' . " ' pf Financial Briefs Bi . ' .-I . .,v,irt ! . suodIv Company. terlv of 2'i P"r cent. pa)nble January 10 ,n hnidera of record December 31. vloiC viraml I" iNmipaiiv reaular nuarntery of 2'. per cent, pus able January i- in loldera of reiord December 31. Ot?a levator Company, regular "luarterly nf II 50 u "hire on preferred and 1 2.. a ?i..!i"'" ,m,,nn. iiavabe January 13 to . . " ,imlonil 1ilt it nil re un ii""""' ,-.- -- ,, l.efy:":icrMacUrft.g Con, iiinripr y ut i '.--- .. a .. .... nnviililn -In common and Preferred .. Paf M Janua ni in slock of record January 1. , I'liultable Trust t'omiwnl. New York. re. I ular (iarterly of .1 per tent. wiaW, lie itniber 31 to stock of record lie. ember 2 , New York Trust Company, reixu.ar iitur- .laituai i ... a ti mm i aatll TIBV.IIIIt f"t.t'.l,..."l)ei.Vmber 22. sVopen Jam. llelroiKilllin Trust Companj. New lork, ...uat tuarterly of ll per c-nt. i;ailde De.eniW31 to stock of retord Dei ember 21. Manning. -Maawell ft Jloorf psual ouar. tirlv if 1', Per "ent. paable January 2 "stock of record December 31 I'nlleil i' ireii.ii ..,,-. ... -. .....-.,- regular semiannual of 4 per cent. December J1 ..t.iiru- rmnpany. regular ouarterly of cai cacKing co ai ' lerce.Arron- am: Cal Pet. .'. . in'. i"iree.4.rrow- nf 5 col So tsi pf .it . Pitts Coal pref. Tit; Cent S Am T..lir.'i Pitts ft Weit. .,,; Chandler Motors ('. nitts ft Vst pf r,7'4 Phi ft Alton. .. 7 Pressed stl Car .".it CM MMo nf 23'i PrsV Stl cHr r ,-, Chi ft fit West (i'i Pub sr' ,v j. in: (hi ft V W pf. isn't Itv Stl Spring ii Cluett-P'bdy pf.lio Savag Arms .. i'n Co-no Tab .. . S:' St r, 4 H V" -"i Cnl ft Soutn. 1", "I l. N P pref ". Pol ft So 1st pf 47i Seabrd A L pref 171. Col ft So 2d pf. 4-J' SUara-Rne ne.f A Con O li I. ft P. 011 Sloss.sherf . ..hi Cont Int Cat M 17'1 So p n Sinrar ti.1 Crucible Stl pf ..". Stnnd Milling.: s-,l! Cuba Am Sub Pf . . g'and Hilling pf us Cuba Am Sue. . Ill's Stutz Molnr ,. .1.11. TI I. ft W 1B's u Stl 1st pref mt Den ft Hlo Or., d Tenn CnpnHr . i- Detroit ndlson.l2:v Third Ave .. m Brie 2d pref... 17Jt TeTa. c rls . nr, rclec Slor Hat.. RS', TeX ft Pae . . 141. dmn t'i.rr in.t 'I'lll.ir.l.a ,,lt nnm fienerat Cigar... 3N Tobacco Trod pf an flen Cliar pf.. nB'i T St T, ft ,'. " 7,. iloodrlch n P.. si'i 'f si 1, ftivrtr, su, Ooodrlch n P of.lon 1. ft IV of. m (ir.mby Jiin im llreene (an Cup 31 nulf Slates Stl. a.t iiulf St S 1st pf.int llartman Corp. . 2 Havana i:iee...lnl tlnmeslake M n. 93 hit llarv N J lilt' Inl Agrleul . . I''' in, Arel. ill nref 311 Int Nickel pf. .10.1 r S Smell nr-' JJi, j-, in't i 17 iir pr in" St L -.'.l ,,f cts in ri.n.ue.wr-S . S7 Twin Cltv p. T r." I'mlerw-nod s-i Pnd-rwd t pf lt.?i. I'n Kg ft p new mi'. Union Pee nref 7n 'nlted Mine SI I ,V.i piieri nv it, ? Itllll INI HIT Iowa Ceatial naiuble stock of record Decern- ,.. ,.,, Df..int relied nn Jewel Tea a-i's no isi pref Iteauirg uomiJeiiy. ..-. !?"",' r: ' Kan " uy no pi """. -n prer. per cent on common, payable t ebruary 14 , n,ns-.Hprlng ... SKJi "n't Pan IM .lock of record January 2.1i also regular, Kfol, r M....4' tr s c I p H 7S IS'i 10', I Southern l'ac. 1014 11 17 SIS, Southern ll P.. 23 2l!4 2I',4 1!4 do prel . . .1.1 .14 3.1 Sup Steel.. 33U 33 S3U -f ' Studcbaker .. . Il' .. V'.'i, ')4 Texas .4 l'ac . I4",i It II Texas Co 1 10 IIAti 11,1 ',4 I'i1 Tob Products.. II'.S 43", 43 V Colon Pacltlc. .loS'li 102 102 3Ji Cult Cigar Mfg S3!4 S,'l',4 s:i"i -r i, Inlted I'rult ..112 10s los iiv, full Hy Inv pf II '.; I Hi U'.i i.4 f S Ind Alco. . KIO',4 106?4 10(l'i IV4 V S rtubber... IS'i, II 41(4 Hi P S Smelt i It. 42V4 4214 4214 VS f S Steel . . . K21a SOU SO?, 2 do ptf . .. I'4',4 I03i 103?,. IH Ctah Copjier. ll4 10'a loi IJ4 Wabash .. l"i l',a 7J4 .. do Pief, A .. .17 '.4 37 31 1 Wells KjiSo i;.s 10'i lo'i lovi i ' W Colon Tel . 10 IS", isa , Westhse .Mfg.. 35,4 34'4 34V4 (i White Alotors. 3l'4 l'. 34"4 '.4 Wlll.vs Overld. is", 17 liji yt do pref .. .. Il4 1! 12 Wis Central.. 33 33 33 e I Total sales. 131.100 shares, rompared with 311. 100 "hatci. rsterdat thus far this week. 1.232.100. shares! aumo period last week, 111,100 shares. Ki. dividend Slot,. Sheffield prtf.. I'i, 10' a SSSBHU. . r. . - ... .V iSiinces on Lira and (Iriinilnsr .n..i pivable January K to slock of record De. ,,,,h n,t; y. ;', I' s Kspr.,,.. jHsnces on i.iica antl wrantlng Annul- irij,. 7. . . . Lk Kr e ft W pf IT", I' 5 Ind Alco pf li "1 i Vl'ic YllllU" I'nl'I.M.'P Mlllk'PT l ,trustfe. announces that proposals vlbacn ComAmy. regular semiannual i Ug ft M i , . . IM V H neally Imp irni M'"" - UHlv CUI I' lit, AlAKlvbl Kibe, received until 3 p. nt.. Decern s'4 rr cent on preferred, payable December Llg ft- JPers ,1T2 do 1st pr-f.. . so MJW YORK. Dec 19 The market fUfctls for tho ,, of .. manv stoeu 3l ,0 ,Uk Llic'r.1-""'""b'r "' i5 ItuTft.'V-H1 ,vS.1ThS'V.- iW for coffeo futures opened unlet at an ad- I4SM certificates of the rhlladehihli .. , -- ci,lr,K..lu:nn- rn ' l-""?.. 'i ri" Bt .-n ,V",,as,i nref ll. ki vance of three to five points, the trading W"U" ," n-lllmor. Itn.lr.'ad as KxirAfn ft -The'l ' " " ' ? i-Sh '! li? "e! 'n"f, " h Sl"en.ber po,!- Bpt,193 will purchase. Offerings above Ci.KN'KLAND, ., Dec, !.-, ,,r, cu T.1'4 u-oolworth of H.t Hon. HK-not comldered. Payment win i, 4.,,-rl.an Shlnbulldhig Company has de. i Mackay Co nref .is "'heel I, k.. ik Tel, MiHBilBKaif Tonniinir t lflltf iBCT: ill! clared a regular quarterly dividend of 'Stock list committee , ..... 1 i per cent and an extra dividend oi delphla. Exchange rules ih. ...T 4 ner cent on Its compion stock, ine f fter December 19 all deliveries for , nrevlotis dividend on the common stock p.. ...... ... . , lle vesimore-,... in Der cent-and was paiu govern- Coal Company sha II be l.v ,.ia. a ' p r .... . ....: . i.nd power, odd lot. aa well as hun. ' ,r ' T1,e dlv,a!n,u' JU" ""DU'I stiarca. wlll.be paid Februifry 1. to holders of - - record January 15, anu aro or too or the Chlcato Board, of ouarter ending December 31. The direc ted linanimoUslv t l.l . ,' . ,i..l..l dividends nil the ore. Laafph't.f,Ch?nC OI th" Mon,-' ferrcd stock as follows: li per cent, payable February 1, to holders of record January 15; 14 per cent, payable May Ohfe Copper Company of Utah 1, to holdera or record April IB, ! Wm-'iht eixhiontlia ended June per cent, payable August 1. to holders .t! copper production of, of record July 18. The dividends on It Vnustaa. which "were KnlrtVnin,. ! ,i, nreferred atock are out of the profits MM. 'Other Income 133.. JL,M'?.' - i f J7.1J6 cents iwr'pouiid. of the current fiscal year ending June iMm inia jiroduc- I 30 ties'. , 1J ami .. a BAR SILVER i?V&? -Tea: laiat Wed. 1IT itlali 1iw Manhat i;i .... O.l'l Wilson Co . . I May Dept Sirs, (lU M'llsnn ra pf . na Maf Kept St pf 101 . Worth P ft M. S" Max Mtr 2d pf. in"; West Pac It n. ITS fv rat nrt QA 90 open High Low. Xiarih ?.3I 7. 37 7. n.i May , . . 7..1I T..1.1 T..1II July 7.11.1 7,711 7.711 September . ., T.hs T.nti T.ho October . . . , 7. nil T.HO 7,:iii 7,31 7.30 7.11. 7.H1 7.H.1 7.70 7.s:i 7.S8 , 7,00 No Dividend Action by R. and O. NI.YV VoniC. Dec. 19. No action was taken on either the preferred or the com- FOREIGN EXCHANGE NKW YOrtbj. Dec. 19. Dullness hi the foreign exchange market was even' more mon dividends by the Uoar.d of Directors . pronounced In the early dealings today, ofthe Baltimore and Ohio Itallroad I I-lres were easier., while sterling and , ,i, ,,,.n ,i.i. .. Swiss were llim. There were hard y any Company at the meeting this after- .ppeclable change' in rates from the final noon. The board will next meet on Agues of Tuesday. January IS. at which time It Is said the Quotations were! Promissory note of MacArlama ft Palley '. . i.,m,i uaieu April 10, 11114; na able three months after date and Imlorscd bv A. li. MacAdains.,..ot 11 Past du notes of Northern Alabama (.as ( o.i bearing sundry dates from Avaust 21, lOOS, to Oitnber 1. i;, total fare value. 1 17,077.411 Lot .- Past due note nf the Mahancv Cltv lias l o.j bearing sundry date, tr.mi July 20. 11.11. to October 1. 1017, lot.it fain, value, J.s.oiil. 84 .. Lot 11 STOCKS 3 shrs (tite It. Newton Coal Co ... nrst Preferred, par 10(l 10 sh. (limit Portland Cement Co. iomnii,n: par l.0, 3S shrs. Huntingdon and llroad Ton .Mountain Itallroad and Coal Co. preferred -, lOOlhra. The Philadelphia and Tesas I uel (111 c'o. ; par SI Lot ! 10(.0 ,brs. White Plan Mining Co.; par Si , ,n ,. 1.1 shrs. llroad Street Hank, par llill So 4 shrs 1 armera and Mechanics' Na tional Hank; nar lino ; . 11(1, 20 shrs. PhllsdelphlK National Hank. nar SI (HI 4(15 10 rights to subscribe lo Herman town Trust Co.r Hun iji Ki right, to subscribe to tiermsn- lowii Trut Co.. $100 K'l a rights to subscribe tn cerman- town Trust Co.. fii linn io 0 rights to subscribe to Herman- town Trust Co., lino U7 1-3 right to subscribe to (ler.nantown TrustCo.. 6 $100 !-. 2-3 right tn subscribe to Germantown Trust Co. Ji 11(10 10 20 ahrs. I'eople's National Tire In surance Co.: par $JS 15 8(1 hr. Detroit. Toledo and Ironton lallway Company second pre lerred it is 2 shrs, John It, stetaon Co. pre ferred! par $100 ; . , J52 72 shrs. Tabard inn Corporation common .. Lot $5 3 shrs. Auxiliary Plre Alarm and Telephone Co. preferred: par linn inn 2 shr. Tioga Trust Co -, SO1, no.vns $7iaifl Norlliern Alabama Gat Co., S per cent. Plrsl mortgage, Gold. (Coupons Due Septem ber I. 1917. attached) Lot $100 SOod South Hrunswirk Terminal nail road Co. (Certificates of de posit) ..!.. 7 1000 Heading Traction Co.. fl ner cent. First mortgsge. Cou. pons January and July. Due 1033 ,...'. 100 1000 John Wanamaker, ft per rent. Plrst mortgage. Interest Anrll and October. Registered. Due ' 1823 87 1000 Montgomery Transit Co.. S ner cent. First mortgage. Con- pons June and December. Due mid , SO iiOiM) T'ln Fall ind Salmon niver Land Co. Lot $423 High lionn Albany ft. Sus 3V,s iU, .1711.1111) Anglo-French ris.,, in inoi) Am I'gn Sec as., ill "4 SOOl. Am Sni ft H'f o J.' 7000 Am Tel clt 4s.... S- 4 21000 do .Is JO a iiino Am Thread 4s ... t'SJ, 4000 Armour Co 4', . s.j r.000 Atlan Co L P,n tisv, t',1100 do 1st Is :,... 70', .000 nslt ft Ohio 34 s. Sll'i tnoon do .is SllllO do tv 4',s,. ... ,n'i 1000 Hctll Stl 1st 3s 3l)s ., 7(1000 Hordeaux 0s ..... .(Is IMHlll Can Govt fis 1021 Ol's L'OOn do 3s 10211 SOVa '.'000 do 3s 1031 .... MI swill Cent Lea lb lt 3s 02' i L'noo Cont H It X .1 3s. 102 1000 Chill Cop 7a OS li.no Ches I O cv 4',a (HI1, 0000 do 4Ss i0V, 20000 do eanv &s . . 2is 1000 do 3, 04 , 20000 Chi Clt West 4s. 32 71-000 C H Q Joint 4s 0'J 1100 C M 'ft St V gen 4s 78 JOOO do rfd 4', a.... (12 llll.OO do conv ."is 71 'i 7SOO0 Ad cv 4 'a a .... (17 .1000 r ll I I I' rfd 4s (it. tOOO Col industrial 3s, 73 7S00O City of Paris Os.. 74t 1000 Con Gas conv (Is US', 1001. Cerro de Pasto (is. lot 1000 Don ft it 11 4s .. 721a nooo Krle gen 4s ... . (', 27000 French Ilepub B'jS Vi't simo Interli Mel 4', a.. 31', 11001. Interli ll T ref Cs 7, 14000 Inter Mer Mar lis HS mono Internl Paper tl,.,inn KiOdO inter Agr 3s. . mi', '2000 Klin CUV So ,1s.. 7." 2000 La ft Ark 0s... . s:i 37000 Ll ons 711 linnn I..h Val X V 4. a O.'i Low CD's S2Vl m si sir, so VWt S2 nstt 79'i Sll'i 711 71', 01 SO', so oi'i 101!. IIS 11(11 i 70'. Ill ", 52 tll4 7N 02 70', i;e, I, (it. 73 73 4 OS'i 101 72", till', 02 31 7il", S7l, 100 KIP, sit 73 11.', ll7) Close tin's S2S 0I SI Sl't Stl IM',4 S2 i'.s4 70't sn',i 70 74', ill so', so tip; 10.' IIS 11(1' j 70 Vi 72V4 Ha ' IK! lit', 7S 112 711'i 7 CO 73 74 os'j KI1 72 i RH7, 02 31 711'i SK lilt. Mrt'i all 71 11.1' 107 nid Aetna Kxplosives ... 1T s Amcr-llrltlsh Mfg.... 3 Am Marconi 2-H .1 Amor Writing Paper. 1V4 Air Iteduction 30 Canadian (Jar Co ...i II Can Car & Fdy pref. II Charcoal Iron 7 Chevrolet Motors . . . 1 Cramp 3 Curtiss 'Actoplnne ... 37'4 Carwen Tool 7',4 Carbon Phonograph.. 314 Federal lyc 13 llendee Mfg in Inter-Lube- t Kathodlon Ilionxe pf I Lake Torpedo Host.. 3 Lehigh Coal Sales... II) Lima Loco . .'. 10 Maxim .Munitions ... 14 Marlln Arms S3 X Y Shipbuilding ... 30 Xor Amer Pap Pulp.. 2',4 Otis Klevator 40 Peerless Motor 10 Poole Kng -. . . so Uedden Truck . ... . . . 1.1 Scrlpps-Hooth 3 S S Kresge w I (in Standard Motors .... Steel Alloys 1 Submarine St ..lofepli Lead . Todd Shipbuilding Triangle Film Ta tnited Profit Sharing ',i, U S Steamship 4'i, I United Motors 14 '4 United Sugar 30 ! World's Film '.4 Wright Martin Air . . 3-i, ! Zinc Concent I 2 MTA.MIAItl) Oil. 1 Illinois IM IS.1 (Ohio 21S 2s:i IPialrle Pipe- "237 212 ! S O of California 20S 213 S O of Xew Jersey. . .4SS 403 1 S O of New York. . ..'!SJ 21'! l',4 (ill IS .10 l',4 (IS 1.1 2S',4 n i'i 20 V.4 7.1 .10 'a 00 33 III 10 V4 t 214 lllcc (til Sapulp.i lief Sequoyah Sinclair United -West Oil MINIMI Standard . Yest. close Ask (salsl S',4 (TUCKS I0'!i 1 1 Vi 1 1 4 1 3 (!S 13 I .1 I4"i 33 li ! IP. 4 ,1 Alaska Atlanta Iilg Ledger Hi.-bee Cop (a pros) . HultM Cop & 7, Unite New- York.... Cal cc Jerome Con Arizona Denbigh Silver Manna Consolidated . First National (Joldlleld Merger .... (ioldlleltl Consolidated (ioldileld Florence . . (ioldlleld Kcwanas . . . (Iretn Monster Ilecla Mining Howe Sound Independence Lead.. Jerome Verde Jim Hutler Jumbo Intension .... McKlnley-Darragh . . .Magma Copper .Mother Lode Mines Co of America Nevada 1 1 Ills Nevada Wonder .... Xlplssing , 1 Ohio Copper 1 Hay llercuk.4 I San Toy Stewatt Tonopah I'vien .,... f United Verde t West l'nd Con 1 White Oaka ' White Cups , Ycrlngton ,1 s P.i H t:',i l')i 3 t '.4 i-y i'.'i 3 13 .11 3K '.'It P.i K Pi '.V ; .1 400 231 IMK1K.MIKT Oil. STOCKS SOOO I.orlllard .a .... in.', lil.'j iu,"j UdTlieu 1341000 I.nVrtr Dond 3'is OS. So os.40 VS.44 Ciisden I03I.VW de 4 01.10 m.flj m.oi ' b-";. , 100000 do 1st 4 97.11 07.02 117.01 ' Mk Ba Yd 4jniit jiarseiuea "1 , .IIMIO Mex Pet lis Ser A. 104 1000 Met Tel Bs 1. ... Oil", 40001. Mi, Pac g m 4,... .I.'!", 11(100 X Y C ft It (is K7, 1000 do 4a 77", a 311100 X V City 4s tl)17 S7 1000 do 4 'is 100II .. 110 11.00 do H,s lOft.l.. 03U 10000 XYXIIftil cv .'His 411 40(10 X Y Tel gen 41 a Ml SHOO Xor Pac 4 1.1' r.nnn ln w as 1000 Ore Short I, 4s.... '(. t 41000 Pcnna-gen it 4',a. S7 lOtei Public Serv X J lis 7111 SOOO Pere Jiaruuetle 4a, 77 i luOOil rteadlng gen Is,.. S01, 1000 St I. I M ft S G 3s 91, (lixio tit I, ft S P ajt. . . .Ml 1000 do' Inc . . . 40 4000(1 ilo Ser A . . , 34'1 noon do Ser li Ill's ..(Kill San A ft A P 1st 4s till 1000 Seubrd A L adj 3s. 47's 3000 South Pac lis OH 'J7I10II do evt 4s . . 73 4'JOIIO do lit 3s . . SR'i 7000 do rfd 4a ... 771, 24000 South liny gen 4s 37 'i ROOD Tol St la ft W 4s 42 MOOO'lT S Hub (Is 74"i 101MIO U S Steel a f 3s. t3. 9000 Union Pao lit 4a s.li, EOOO do cv Is a S2 SOOO do rfd 4a .... 70't , .1000 U Iv (1 n ft I 3a.. 9.1", -tZonii 00 41,000 do I Tftnno do 071.01. 00 Q,a IU4-I... nn 1000 W Electric 3s . OS'i I II 11 ft I Da. . H..-4 1 Mis !01. ... 90 3ia 1010 931, S-,a lew '10 II34 .m, 104. till', 33 S7 A?1' no . 11314. 4(1 SO Sl. S7U SII'I s 7l'i 77' soi,; an, r,.-A, 411 31 114", HO 47'. 1111 IS 77'. S7'i 74'i o:t ; S.I s; 7(l'i 1IA, 03 4 0.1 "i H4; tlS'i Bamett Oil & (las. . & Co Basin 'v.leral OU 'J,. Inter Petrol ,-i.t 'Houston oil SI Merrltt OH I .Midwest Oil no Met Petrol u5'i Ohio Fuel . 25 Oklahoma lief si". Nl. I "' I H'.i S 2 1P.4 33 I7V4 03 '.i 14 3 p.; ',i u 1 P!i 33U IS',4 3 i 17 374 Bethlehem 3s CoSdiu Oil (is Cosden ei Co (is. . . Cudahy 3s Itusslau uovt 11L.H. . , i Ilu'stan t.ovt 6 '.us. ' " ' Southern Hallway 5s Sinclair OH Gs . .,-.. I,'. 3 p,4 . .. . so 3 P.4 Ill HOMIS 06 '.4 70 I 10 01 3A 47 n.i 02 07 1.1 13 07 37 IS 3i SO'j 91 ', 33'i 411 .14 , ', CO 47'. fill 7:t'. s.i T-l 37 U 42 74"i 93". ' S.I R2 . 7(1 's 9.1. 93 "J ' 03 '.J I 03", ! sllh ' taI sales. 14.1S9.OO0. romDarrd M.17S.00O seaterdayt lima far this week. 1ll3,tflO(lvl.t same pcrioti iasi sirs, av.wu,-000, l"".i& matter will be taken up. . RAILROAD EARNINGS nuppAun. nociiKSTun lfrrsnL'rtciii 101T Increase Second wtek Def. ' $231,333 lin.am MlSOUni. KAX8AU AND TEXAS . Second week D-c. . . 1203.000 $2.1,391 Frpm January 1 .... I0.a39.44 3.011,401 i Mt.MNBAPOI.I8 AND 8T. I.OIHH ll NSW, JUMs losU.uJIc liWnd week Df eenibtr . . t237..1)i M.lJr mM. , ie - -' ' r-rajJa-ujary- it'i.'a'.-,""a f -ILSIT e - , . ' v 1 - r . . ,- I ; Demand sterling 4.75. cables 1.76 7-18. sixty-day bills nominally 4.7l'i-J4.7t H. ninety-day bills 4. 69 ',4 ft 4. 89 ',4, Frano cables 3.72. checks 6.7 P,. Lire cables 8130, checks 8.31. Swiss cables 4.31, Checks 4.31. (lullder cablet, 44, checks 43',.,. Pesetas rabies 21.18,- checks 24,12. Ruble cables 13, checks 1 2 li . ' Stockholm, cablea 35',4, checks 31. Chrlutlauta cables 3314. checks 33 i, Coponnagen paviea , cueciia Jl. MON'EV-LENDING RATES NKW YORK Money on call all periods today, C per cent. The only change In the immediate monetary position Is somewhat larger offering of short funds, that Is for thirty and sixty days, on both Indus trials and, good mixed, For this ac commodation the demand Is fairly strong and S per cent is bid. The tone of the market for prime bank acceptances Is slightly firmer Bt I 414024 per cent on ellglblea and 5UQ, I Pi per cent on Ineligible!", ' Prime mercantile Is slow, with few transactions under" B per cent, 1 riUI.AIlKI.PMin Call 6 per cent: time, Gt)Si per cent. Commercial First Mtge. Bonds To '. Yield '52 Cos (did nicctiicitu (lie csje.iflols wMch (oniidf be done U'ilAotit tinder on; con. illl'oiia. An investment in I'uWc Utility lioiiifa in aijvlll secured. JnnMj I.mi.Ih Tux Itt rinitlliitr Vtu ltintti North Western Ohio Light Co. First Mortgage S. F. 5 Gold Bonds Ditrd December 1st, 1013 Due December 1st, 1953 Interest piyable, Jane 1st and December 1st Trutleejt Stite Street Trust Co.. Boston, Mis,. flllliP FKATUKliS ,1. rirat mortgage. 2. Farnlnga over three times Interest charges. 3. Properly valued at over twlceths bonded l,iJrtttdnea, m Conservative restrictions inverlng bonded Issues. 3. Honda approved by Public Utilities Commission of Ohle. flrlalicd circular on re-Quest. F.WfiRWKS5l! - lNCOHPOIIATliD Stock Exchange .Bldg., I'hiUdelphla "New York- " Kotton Brown Brothers 8c Co: rotTRTR AND CHrSTlWT SlUEETS) PHILADELPHIA y 1.1 in 1"a "a 1i ?a I Hi (I Ik Ma 3!4 A "i 14 1.1 SO 37 27 14 1.1 lli S"a 3!i II P4 1 3-3t 3A OS SS l4 lV-31 It 54 ''A S',4 1H tl'4 3A 174 11 3D V4 984 3H 17 " , Todd Shipbuilding s 90 I00!i .. 2,,H ' - ll!4'l -i"4 i Gas Co. l'ayu 2 I'er Cent Extra '" OIL CITY. Pa., Dec. 19. The Alum 4 F.ock Has Company ha declared an ) j extra dividend of 2 per cent and the regular monthly dividend of V per cent, " I both payable December 20. a Report on Cottonseed Production paper, three to' four months. 5',i05',i vVAHHIXOTO.V. Dec. 19. The Census P cent;. six. months. '.m4 per cent. 1 Bureau. In a report Issued today on cot-, i ton seed and cottonseed products, places the production of llntcrs from August I to November 30 at' 379,314 500-pound . hales. The amount of cotton seedre. calved at mills during the period ' ;. 651.971 tons. Amount' crushed was 1,331,351 tons. The ituantlty op hand at mills on November S1 was, 1,1 ei.54Ho4. BANK ClaJEARINGS Hank itcurlnga today compared with lor- .-.w.naliiv dav last two years! ' ' 1917 19lfl . 1913. rnllada. (10.W5.734 51,!ll3,lU.-t $41,010,071 noaton , X . Tork. For out-of-town'accounts, instead of using pass-books, deposits may be sent by mail'and we will furnish statement! of account nstvlnilleiillv nr tinnsi renlipi4. -ii .nl .a, SK .,, .tA , Alt it. ..ww...j w -r-" .. ... . :..n-.SO.r4.1 370.S1S.2S2 454.S0O.4OH at; -;, 1..,... I'l.l IS ...,. - Tl.nnnll f..' .. .n...ir. :a ''-itiK' (ulCKgo."; 84;iT44 80.IS3.291 -nii.SS2 As.1 TTC so ibsub vsiunt-aiw ui av-egrcrcj"!. sua u oireunr iinr.TTiM HalUiiMMs. J.tWF,l2-..T.t4i,.73S .Si.3IO "' .llu-a-aa4 ..f italci-oai . . ' u. . -.... .,- ?, TS' a--la4atei'ia).tM,T' ,H-ff.aU "-l.ir3.'l " 1 .,' ""r "t'''.'M-'T''-s"5-ria .- " S" -V i. r if. ," .: C .-4duH a a, a .-a " . ",. at a.4X a . A .1 V".---'"! ST" "- 1 i t . V Z . ,' ."'-.. .', . Z. t k,' I I I la 1 1 :-j -ut 7w..: ;. 'i'v. -j,rASr,,T,-vV'.':i '.-;; :q:.-atoiiE5vti rx. -. lv ArrHiAiyiiK.i .trim&mEam 'jtZ . i . ..ir'.i,!. .. , saVt'-T JLaiaC.. J. . " 1 ' ,Xn'3mhMlt "4ii.WBmiiHmWUir'!A4 . UAZf.latUkW , :.- , ,HHriAriSs.iiraaiaHOaI';'C ' .. .,.- .. . . i-rairr 1 irsii ti mm 11 i r-a -i miiii ar i . . tb. . i arfii if aaaaWTr-r it (i m i Ian -iti r-i-wiii'-i-i-i-i-i-i-i-i-i-i-i-i-i-i-i-iaWM'-iaw r i -ian rimi-M'-s-MMis-iM'-s-s-sa-s-s-s-s-i r - -. . Mi i wimiinii i iwiiai'i ! ' h tii i iHi i ii i it. ' i tr JtmimMmmjjmaiifssm Deposits received and interest allowed M If n ,'! va "Mi
Significant historical Pennsylvania newspapers