rt. ji ; jjeb c'fflir . it"; , v iiiiitiiai' serial '"- S ' r i j 'OrVVl S OF THE FINANCIAL WORLD NEW YO ;H AND PHILADELPHIA STOCK .rv PRICES Hi motK A CO. 'A BAXKKBS INVESTMENT CCUR.TICS GOVERNMENT , MUNICIPAL RAILROAD AND PUBLIC SERVICE CORPORATION BONDS CHESTNUT STREET PHILADELPHIA NEW YORK MARKET TONE HEAVY; .. MANY SHARES RECORD LOSSES Further Selling on Tax Payment Fear Earn ings Statements and Talk of U. S. Con trol Make Railroads Weak New York Stock Sates High Alaska (iolil M. t Alaska Juneau, a AIIIk Clmltn ... in4 Am Hod Sugar on Ami ("an 31 Am c & Fdy c:o mu do pref lol Am Hit Corp.. fll',4 Am I lido tt l.o.i li, pi Points'in Today's Financial News The Sew York stork mnrkel uai henvu mid iiimip lisiie recorded bin tosses, llnllrontl shores decltneil on rriwrls thol (lovcrmnent trnuM fit,-,; orrr ronv.t oh December Al mid because nf the poor shoielni of eornlilns In jVorrmbrr. W'eokness developed on the. Curb. Cotton tens hlnlier most o the do)). Corn mid outs Here, dull, l'reneh exehnnie knoned, Ihtr stiver iras unchanuctl In Xew York. ie Financial Outlook From the Investor's Standpoint VK r ".ST Sii v Bbnbright & Company MOIUUti WISTAH STKOUD. Jr. Manager Send Tor circular. H7 Chestnut St 'nw Tfork Hoaton J'urla 1'liiladelphia Chtiago Dctrult TF there is just one key to your Safe Deposit Box, and you hold it, it is really yours. Inspect our system. W JEXCHANCE national bank Hadrlphla. Chestnut ( Second Income Tax Primer l-'" Far Ue Udmdiil TiiMTtr L? fv l ne .internal Revenue Bureau Lhai just prepared a list of .tore tnan sl1 I JaanB mJ rn -aw yuHiivi uku l-.f Answers on fne Income Tax Law tjln this official educational "treatise the law is fully cov- iereq ana its technical pnasej ciarinea. yFor the convenience of indi- , viauals subject to tax, we have printed this information iJn pamphlet form. A copy .will be furnished upon request Hot tax literature PE-150. TheNationallitv Company 1421 Cheatnut St., Philadelphia Chicago Yoik Boa ton San Franeitca Pittsburgh Short Trrm Aofrf .(rceplenret NHW YOIIK. Dec. 26. Willi the rcsmiiptloii of business nftor tlm Chrlslmus luillilny the ''tock mnrkrt showed u general heavy tunc, there bring no trace of the vigorous buying which caused the upwanl inovemcnl In the throe dajM prior to C'lirlstnia?. IiiHtcml, many Rlocki were In Hiipply iiml In koiiio . ItiiirterH there appeared to lie n resumption of wiles to realize loaves In connection with tax payments. v The ilay's hcwh was not of n favorable character. Including reports of decreased net carnlnRH on leading railroad syhtems for the month of November, nnd the action of the Delaware and Hudson directors In omit ting to declure all the dUldendu for the coming year was construed as Indicating uncertainty ocr disbursements by that company after the March payment. The decline. In Liberty Is caused n good deal of comment, those bonds relling from 07 down to the new low of O'i.XS, while the .IVis moved up from DS.il to DS.f.O. t'nlted Ktates Steel common, which cloed on Monday at Sijij. sold down in tlio llrsl half of the day to R3W ond, after rallying I point, was again under pressure. Other steel Industiials moved in the same way. The railway Issues as n group were directly Influenced by statements that the tloyernment will assume charge of railway operations after December .11. llaltlmorc and Ohio was especially Influenced by the poor statement of earnings for November and dropped more than " points to the new low of 3SU. A new low record was also made by Ht. I'nul pre ferred, which hold down to G2Si. At times the market was extremely dull, with commission, house business absent except that which came to thoso with extensive wire connections. Outside of the heavy trailing In the Liberty l'onds, mostlntcrest In tho bond market was attached to the trading In foreign government Issues. Anglo-l-'rcneli fis, after helling as high as S9l4 In tho recent up ward, movement, sold down to S71i. Wall Street Has Cheerful Christmas That portion of the country which gets its greatest satlsfactliln out of the moxemeiits In securities will have had u much better ('hrtst niaH than could possibly have been anticipated a week ago. Hlnce the war began tho holiday season has been n rather glum one for speculators on the bull side nnd for Investors. This season promised to bo the bluest of nil. Hut, through u fcerles of developments, the market began to rally last l-YMny nnd was ipilto buoyant on Christmas Kve ami tho Im pression given Is that It may have taken on a constructUc tendency thai will last until Into tho now year. The performance of the l'reneh city bonds has been quite wonder ful, 'robabty no bonds have had Just such an experience as has at tended their short career on the Stock Kxchange. The city of. l'aris fis went fairly well. Hoth for patriotic and sentimental reasons people bought them u little under par. They were fairly well distributed. Then along camo the Cs of Marseilles. Bordeaux and Lyons. While they were being offered the Federal Hcservo Hoard promulgated Its famous edict against purchases of foreign Issues by banks. Only a rclatlxely small portion of tho issue was taken. w The collapse did not occur until after syndicate hail bciMi dissolved, throwing u large amount of the bonds into the open market, I'rom that time on they sagged, week by week. L'von when they wero on a basis to yield IS per cent people did not want them. A week ago they broke "wido open." They went to an average 'JJ per cent under subscription prices. This was related somewhat to tho threat of the Herman drive against France. When the selling ceased those who tried lb buy could not find bonds In any volume. They have now lecovered an axorago of 10 points. It Is somewhat strange that these bonds and the Anglo-Frenches should have recovered so much more than the other foreign liovernincnt Issues. Dominion ot Canada (is went down during the recovery In continental se curities and are now at tho lowest on record. New York municipals fell while the French city Issues were rising. do pref Am Linseed . . do prof . . . Am Loco Am Smelling. Am Sinn Tob. . Am Strcl Fdy. . Am Tel & Tel. Am Tobacco. . . Am Wool Am Zinc & I,., Auacnml i Atchison . do prof. . . . 4Vi ;. r.n',4 IV4 101 tin ,10 Vi 7.', .7fin', All (llllf & W I Hl'i link! Loco ,MIN, do prof ... . IH Hullo & Ohio. . II do prrf ... . .11 llnrrelt Co. ...'. Hi Heth Steel 9 doll ; I Vi 1 do pref t c . . IU14 , lirook Itnp'Tr .tl'K Hums Hros . . Hutte A- Sup c. U 'al Pet II fat vt pref. . 33',4 f'nn Pacific .131 ?4 Cent Leather . . MV 'erro de P.isei 58 '.i Chandler Mtrs. ns ciies & Ohio. . . i.t-Ti 'MX- st p . :ik do prer . . . IU' Chi & N W. . s.iaj C II I & p v. ITli III fi p C pf t c 3B do 7 pc pf lo I! Chill Copper . . M Clillin Ton Cop. HHa; I Col Fuel iron :rj Col lias ft lllec Jloii Consul Oas . . "Hf, Corn Products SH'd Crucible steel BO'i Cuba Cane Sag St4 do pref Low I'i. 1H fil'.i 33i, 63 101 AS',4 II mi inf. no 4S-i (ifll'l .11 ',4 fiH4 Wi 1.11 4in lo4 7H , Li tin 14 M'.i III :m"i 4n S3 noli ()"? l.1!4 an Xrt (kg. 1V 'A fllli IJV 33tfc (13 101 Wi liMi. S.1 Aft II) "0 4',4 I on y, J 133 3 Tf. m t, 'M 114 14 M.fc f.i CURB ISSUES DROP AS SUPPORT SAGS ' Aetnu Explosivbs Shnrcs' Do Not Respond to Earn ings Statement Sales in Philadelphia ' High. i '.4 IV4 Is Mi J- I I I 1i Hi 3 ', '.4 lii ft Hudson . Dome Mines . 1 list Ill's secur Lrle do 1st pief . . (iastoii-Wlins. . lien ISIcctrlciil en Motors . . . CSoodrlcli II F. . St North pief. !t Nor Ore sub 34 !A Illinois Central Ml'f, lilt Agrlc pref. 33 14 Inspiration Cop In Ihterligli-Cou ilo pref Int Mor M. . do pref Inter Paper . . . hit Nickel Kan C South. Ke'ly Sp'gdelil 3I4 Keimerott Cop. soiJi Link Steel ... 71 I.ehlKh Valley. 4n Louis ft Nash. 1 07 T, Max .Motor . .. 33 'i do 1st pref. . .11 '4 Mex Petrol . . . Miami Con Cop M S P ft S St M Mldvale Mo Kan ft Tex. ' MoPaclllc . . . do Ws Mont Pouer . . Nat Con&Cable Nut Lead Nev Con Cop. . . N V A Hrnkc llltf. MIV4 1IV II 3314 13014 .IKK. 37 "i (1.1 4314 nn 3 14 M.I lOli 3ft 1.1 l.i 1 4 !(, 371i 33 30i 7(114 3 ft". 4 4H14 3-1 ftl. 03 H14 Jl'i 1314 io u 31 i 133 031a 3.1 mi 14 31 Xfl'.i 3314 30 '4 (I III 1014 7H 3314 3(1 in 3 .10 :t .13-lj inn 31 .M 731m 3ft iH 7 1114" 3 SIT. 31. (II 1314 3 111. 17 7d' 03 H!i 33 14 It 30 31 13314 0(1 3.1 S3 d'i HI 3014 xo 3314 3(lti in 7414 3(1 77 43! 3-3i 23 ! 30 (13'i. in io if, 17 411 1014 (i14 7s 7ft 07 f. 01 soy, 101.4 K3 (1014 (llllf. 0.114 .10 I I1IV4 !' 1114 I II 3314 '.4 130 314 .IS 14 "' 3!4 M ft.1 I 13 :ir, 'i, (13 1' K.I 14 1714 :in 47 14 3K 33 3014 7ft',4 3 3X 14 4o in 3.1 1 7! -I- V 03 314 K14 14 31 T 13 10', 31 133 03 3.1 K014 3 4 Kft'.a .- va 3014 '.. to 4- 14 '.4 : 1 'li 1 3 If. 1 !. 14 I I 1014 114 7 414 3 331if - 14 3ft 'i 114 in 3014 114 30 U 7314 I If. .14114 Hi ion 31 A I 73 3n 77 1 New York (Tent N V N II ft II Norf ft West . North Pae . . . Ohio lias . .. Peuiiii It It. . . . Pen (ias ft C 11314 H214 nt 271-4 0714 7714 3IVa 43 3(1 Itnett Oil & Gas Company L Producer Refiner Dittributor w! r-Rantrr of 2oo barrels ilally ca- ptcixr, 103 tank can. - Own rip Line from wrlls to ratl fod. .T)latrlhiillnv alallnn f.Placfil on quarterly dividend baats. L;., Parable Jan. 10 31 and 3"! extra. r k. 1'aia 'JQT uviaenj laat year. ! I? Artlro dally market (at armmri U4J. Ei- H. CLARKE, Inc. 7 MORTON K. Ar.RXANtlKR to (Kealdent Partner) -r. 1-nono iiaa ?nrufff rk Kaehange Bids.. I'hlla.. p. irtlllam OU ((w York city SECURITIES AT AUCTION No wldo changes occurred ut today's auction sale ot securities by Harues ft Litland, with the exception of shares of tho Philadelphia Warehoulng and Cold Storage Coinpany, which declined 13 points to 80. Com Kxchaiign National Hank stock mado a slight advance. STOCKS 2.1 ahra Krnni-cutt I'uptr I'n 30' 23 hr. WealPrn Ulfitrlc snd Mnnu- fai-turlnii Co. .-oinntuH 3r,i 200 ehra. HarHu,..! Hleetrlr Co. rum- tnon ..... o SOU shra. Nr I'tah lllnxhaui .Mining Co. mid etiM-l. Ai!i'Htm'nt un IMl.l.) Lot $1 21 ehrit. IMiihullphU WHreh.iUhiff & Cold Sli.raKP Co.; pur lieu. ... so 2 ahrn. Punk of North Amerlrn- par too 2.-.0 12 ahra, Hroa.l Hlr-t-t Hank; nnr i.10. 110 10 nhm, C o r n Kxclinngc National Hank, par Jloo son .1 alira. Philadelphia National Hank, par $100 pi.-, 1 right to auhsrrlhe in Omnantown Tiui"t Co.. l' $100 130 2-3 right to auberrtlK. to (JermantoMn ' Tniat Co.. (l $100 MB 22 rlKhta to subarrllM. to (ermantoin Truat Co.. $H0 120 17 rlghta to aubarrllie to Uerinantov.n Trut Co.. W $100 120 2 ahrs. Provident l.tfe anil Trust Co.; par $100 135 1.1 ahra. Philadelphia Life Insurance, Co.- Mir $10 0'i I 3 ahra. Lykena Valley Railroad and j Coal Co.; par $20 1.1 ,10 ahra. Atnerlran (las Co " .1o anr. American 1Mim and Construc tion Co.! par $100 I'i PONDS $3000 Montgomery and'Muni-y Light and Power Co. ,-ent loon Like Superior Corporation. .1 per cent Income. October annually. Pue lir,M '-r.oiMl Alleirhenv Valley Water Co.. .1 I per cent Lot $3000 .15000 Tacoma (laa Co.. .1 er cent. Ilefundlng 20 i 1000 County of Somerset. Pa.. 4 p-r cent, Court House, Coupon May and November. Hue No. ember 1. I02J Oltt Scovill Manufacturint; Pays Extra NKW YOHK. IVc. 20. The Scovill Manufacturing Coiiipiny hus declnred the regular ipiarterly dividend of 2 per cent and an extra dividend of f, per cent, payable January 21 to stock of record December 21. The extra dividend is the same amount as was paid en Decem ber 1. Hlectrle . .1 per SO 41 No Change in Steel Price Likely NKW YOHK. Dec. 26. The Iron Age pays: "In tho closing days of 1317 the steel trade has tlio satisfaction of know ing that It will enter the new year free from the fear that present price Belied uts may be overturned, as It Is expected that the President will Issue a proclama Pero Marquette 13 do pref 4n Pitts Coal .... 10 do pref 7K Pi ess Steel Car .13 Pub S Cor N J 00 Pull Pal Car. I0K lly Steel Spring 43 Hay Con Cop. . 30 Heading no do 2d pref. . 34 Hep I ft S 7.1 St L S F 13 Scab Air L. . . 17 Sears Hoebuelt.13014 Sliatttiek Arlr... 1.114 Sloss-Sli S ft I 3d 14 Sinclair Oil ... 37 T. Southern Pae.. 7K Southern It It.. 33 do pref .1.1 Sup Steel . . . . 3(1 Studebaker . .. 44 1 M St p i a ,, ,, p" i a: i w i is S4 -M K t S M 'J!' Texas Co 13014 n.n. Toiiacco 1'rou.. 4ii BAR SILVER Today Mnn. ,. il ) SIIm Mli N.-Ti HUT lllnli l.oiv los'-j ?t, n.i 2(114 II a 7.1i 33 13 3.114 13 1(1 10 7K .13 07 107 42 30 (! 31 7414 13 lft 137 IA'4 ,'in -2 0, -i -l -rl -I- ft 11 .11. .. 3314 3K ni 14 1ST 30 I 17 4- 11314 314 3 14 14 38 1 DO 14 4 7.14 3 33 43 3.114 13 Id 10 7K .13 NKW YOttK, Dec. 2(! The Cuib market developed renewed weakness In in my Issues, few str.rks finding any supimrt, and the Important changes werj to lower figures. Aetna Kxploslves published a state ment of earnings, showing about JOOO. ooo gullied during the last yenr, but the stock failed to respond and, after sell ing '.it 7'4. reacted to 1 7 . Chevrolet Motor, which was the feature ot the trading on .Monday, fluctuated over a wide tango, first advancing from S7 to 90 nnd then breaking to HO, nnd I'nlteil Motor, after selling nt 18, drop ped to I6N, Independent nil storks moved In the same way. with Midwest Heflnlng fan lug from loo to and Merrltt dropp!)cd from 20 'i to IfiU. Cosden reflected prollt ink ting nf8ter Its recent sharp ad vaiice. ilerllnlng frsni s to 71i. Other oil stocks ucr also weak, with Houston falling from 34'3 to 3C-. The airplane stocks were Irregular. Curtlss showing strength In the early trading, advancing from 20'.;. o 2,',j, while Wright-Martin sold off from Gli lo S-i;. Mining stocks were Irregular. Mii3"n Valley showed a strong tone. wlthValoi it !. to ". and Nlxou-Nevail.iiopcned slightly higher at lil.Hi. but later re acted to 7. Minima sold at !". and Nlpisslng at S'j and 8. IMU'MTIIIAI.s Itl.l Aetna Kvplnslves .. 1 Ani-Ilrltlsh Mfg 3 Am Marconi S',4 Anier Writing Paper. , Air Heiliictlon (13 Canadian Car Co .... 12 Can Car ft Fdy pref. 40 Charcoal Iron 7 Chevrolet .Motors ... K3 Cramp .1 Curtlss Aeroplane ... -jn',4 I 'arw en Tool 7 14 Carbon steel 70 Kiiinrson Phonograph., i Fedeinl Djrt- 1.1 Hendee .Mfg in Inter-Lube !', Kathodlon Hronze pf. I Like Torpedo lloat... 2ni Lehigh Coal Sales. . . 7n Llni.i I.oeo Maxim Mimltloii.i . . Marlln Anns N V Shipbuilding . . . Nor Amor Pap Pulp. otls Klcvator Peerless Motor Poole Log Hidden Tiuck Scrlpps-Honth S S Kresge w I. . . . Standard Motors Steel Alios s Submarine St Joseph Lead . . . . Todd Shipbuilding . . Triangle Film ... Cnlted 'Prollt Sharing I' S Steamship . . Cnlted .Motors . . . . Cnlted Sugar . World's Film Wright-Martin Air . . n Zinc Concent A Ilia Ins, lAm lias.. II ft S nf MOKIee Stor 4.1 2I Asp pf .00 loo Lk Sup C 11 20 Leh Nav. (111 K0 Leh Val. Jl.1 ooLlt Hros. 3.1 1173 Penn It n 43 II Pa Salt M 7114 l I'll Klec. 3'4 21(10 P It T t e 37' Ph Trjic. . . M Pitt ft W pref . . 37 1(10 Heading., njnj 70.1 Ton pel. 3 Mo Ton Mln. I 10 C11 True. 3K14 mi' 1 I... nn Ift3.1l- s steel 81 do pref . . Ir, 7K 4.1 .10 .114 .13 3.1 42 7714 3314 3ft close tlO IK t0 . . 4.1 30 -f tl M .13 -f 2.1 43 711: Net ( hge. IRREGULARITY RULES LOCAL MARKET; ' T0N0PAH AND U. G. I. RECORD GAINS Pennsylvania and Reading Shares Are Lower Lib erty Bonds Are Active, With 3'js Much Higher and Convertible 4s Off a Trifle Only a few of the home stocks showed .activity df conseouence on the Phltndcl- 314 "4 I'hla Kxchange today and price changes .17 14 0114 SU 3 3ft 14 nsy. K314 3(114 70 11 14 . 0114 1 2 .' ' 7 3K14 14 (1.1 I 4 K314 1 tlol (Quolallon given Is Monday's close. .Total sates, RVJO shores, romMreil with 0K.CI sheres .Mondt I tbus fur tills week. ,0.,:, snare! same period last wfeK, I BSD slnirrs, Net chgc K0 nit4 OK.Ift 4-,3ft IIOM1S llUh. Low. 2000 Am Can ft Klec (is K0 K0 5000 City 4s 4" 0(114 0(114 27(10 Lib lionds lis s...0ft,4fl OX .IKftiio do 3d 4 percent 07.20 Oft.OK 300 do 4 p c 07.10 07.10 I ( Phlla Klec 1st (is. H314 !I314 Tit.l soles. Hft.l.noo. eomp.irril with 2K. 3.10 MnmliiM tlm, f,.r ,l, nrrk, K03.H.10I siime period Inst week, MK.4.10. were Irregular, with near y everylhlng hi which there was much momentum sell ing nt lower levels exception to this rule were advances for the Tonopah mining shares ami Cnlted (las Improve ment Tojiiopah tlelimint was inark-d up n fraction and Tonopah .Mining, after selling nt a better price most of the (lav, closed at I, up Vt There was no definite news In the street to account for the showing of sttength In the Tonopah stocks, which had been Inclined to weakness for some "i""!"! ""i i"? oeuei was genera, that many traders had figured out that thev Were cheap at the low levels, due to the prospects or the iov eminent fixing n higher prlc- for commerclnr sliver than that prevailing nt present nnd the-sup-port was the result. . Itapld Transit trust cirtlllenles were iienneii to sag throughout tho session. eales were about the nmt ectlve Issue dealt In, outside of. Culled Stales Steel common, and, after starting off a (piartcr at 7, they declined lo as low as 26, but lecovered a part of the loss. Hallroails were Inactive here with the exception of Pennsylvaiila". which sold off Vt following the break III rails on th New Ymk boat (I when repot Is were cir culated that the (loverniueiit would like overlhe nation's railways about Dc comber y and operate them during the ninalniler of the war llc.nllng, 01 a small turnovet, declined iiin'c than a point, but Lehigh Valle.v wan higher Storage llattety wn" off Vt. Lake Mil, perlor last 'i and Steel common wis off nearly 2 points, (.jner.il Ai-phnlt pre" ferrcd picket up a trifle. Lehigh Naviga tion vvna y higher, Phllndelhla Klectrlo was fractionally above Monday's dose, while Cnlted (las Improvement made the Sensational advance of I "t points to f.C, although the sales consisted of only a few odd lots. Liberty Loan second Is wete much 97.00 .01 07.10 .10 0314 '4 10 Men. 1 lose Ask (... 7 (1 n . . ' 3 . . n.i no Hi in 7 ',4 . . X3 KO 7.1 2714 2K 0 4'4 Local Bid and Asked 1114 an 30 1 10 II 10 1.1 3 nn K 1014' 70 IV. 1(114 3(1 3 7.1 .111 on 3 4 2 in 11 no 10 711 K'.4 014 11(4 74 I 1ft 3.1 0 m-r Stor.s 30 31 .10 llj.MwIn .... .11 ;t'a .Ml llrlll .1 11 1.-, -jo 111 Muff A Sns t c . . .is no r,H do pref iTtfr lil.c Storage .-,s. 111 l.-.l, ln Asphalt 14 1.1 II do pref Ill ,11 40 Nev T.li phone .... Hi? II S& do t c .1!. lit .10 Luke Sup Corp 1)1. 11. 11'i Let. N'hv ."H'3 ,,!ii, ;.K, ben Vall.y ,1-jii .131, .13 Peinsl..lila 43 43' 43. I'hlla Hlerlrlr . .. 'Jl1 21 -J:l ' I'hlla Co 3.1 -Jll a.l ,lo 11 per cent pref 3s .10 us P It T t e .'(Hi 27 211'. Itinillnu 117'ii 117"; Hs, Tonopah lleluint . 2' 2' '.'i Tonop.ih Mining. . .i 1 ;P. I'll Traitlon .... 3S', 30 .IsS t' (I I . . I'..-.', on 1111; I' S Steel ... . K S3, SI'j Vork Ilwj ..'.... M 0 S do pief 30 33 30 111 Cranio Sons. '3a 70 71'g Ask 31 in 1.1 .-,1 0 nt 11;. r.ss .11 I3' J3'i Jll oui 11 wn nougat that the small loss more active than usual nnd weto a Irlflo was only trmpntnr.v and that hiniri.ve- lower, .ci.iio n n.t.,...n ..r .in ,r 1 ment might be expected after 4he general j per cent was recorded by tho .'Pis. nnd list slum id ii better tone The crrtlfT- til convertible Is wete a ttllle higher. ADVANCE IN OATS JANUARY COTTON ' ON BROAD DEMAND HITS HIGH RECORD Offerings Arc Small, Being Bullish Spot Advices Furnish 0 .12 70 INACTIVE PIIILA. STOCKS Following are quotations for Inac tive stocks llted on the mrndclphln Stock Kvchauge and in which there Confined to Selling on Resting Orders till.MN lir.l.T VV LATlll'.g rORIICAST CIIICAliO, Iter. 3(1. Illinois. Missouri, nnd l.ansiiK (ienemllv fair tonight and Tliorsilut slowlj rising temperature. H Iscousln -I'lirlb rlomb tonight npd Thursilnj, pnilinlili snow In north iMirtlonl sllghlb nnnuer tonight. Minnesota I'nseltleil weather tonight nnd Thitr-fliu , proliahb snow In north por Jon, somewhat wanner In southeast por tion tonight, Innn Porll.i rlouilj tonight und Tluirs. d.iM allgl-ih warmer lonlglit, .Xorlli ll.ikota Snow tonight and prnli nlilv Ihur-ihot coiitlniied colli. Sooth lliknti t n.elllrd weather to night anil Thursila.il not muili rluiuge In tenuieriiture. Nehriiska (irnerally fair tonight anil Tliiirsil.i 1 slightly wurnirr In east and sooth portions tonight. CHICAtlo. Dec. 26. There was a sharii advance In oats lidny on n broad deniand. offerings were hinall. being contlned largely to were no transactions today. The price felling on testing orders on the way up. given Is the last previous close: Incentive for More Active Deniand COTTON IIHI.T UHATIIK.lt (IIMHTHINS NKW VCIIIK, 1ec. 2K The following temperatures were recorded In Hie rotten oelt this mornlngt Niislivllle, 23! Mem phis. 34. Little llork, Ashevllle nod Hnlelgh. 2ni tlklnlinnia. 3K Abilene nod Del It lo. 30i stirrveport. San Antonio, Vlettsttnrg, f'lnittannoa, Knovvllle 11ml vv lln.ington. :12l Itlrmlnen.iin end Atlnnte '111 Port Smith, Meridian und Auco-II.- , 001 11 icon ..on nnriesion. ant or nrlstl and New Orleans. 43: OalTei anil .Mniitgoiticr... 4tt I'ensocnla. hKl .fieksonvllle, .lit 1 linmlisiiiie i.ml Til on, . There was .01 hull ?f prerlpltolloli nt Little It-ck .nit llenudils! .lift nt Thnmas vlllet .(IK -t Mrrlilhin noil IHrmlnglnltul .10 at Atlnnt'M .3K ! Ashrvllln .33 ,.t Sniiinnnhi .31 t ('Iniltoncogii! .13 at Knowllle, nnd .11 ut Nashville. NKW YtlllK. 26. Itulllsli spot advices, n flrnier eullng at New " Oilcans .nil denials that the staple could be tendered on .Inn- Am (las War Atner Mill ... Anier stuns . Am Stores pf. Huff & Susq t IH Leh Val Tr Bf. 3 10 1.1 u.i- Schuylkill M II J Mlnehlll ... r.'J 112 North Cent .... 72 I'hlla Co . . 2r.' II 1.1 17 .'alt. Sip... 11A n T T -X tan Iron . .. 1 1 ' a llw Co Oen .. 41 Con Trae X J. (IflU tin Cos N J ..205 Get. Aanostt . . M't J C.ia of N J .20.1 Ins . N a .. L'3'. Warwick Iron. R'4 Ktv 1.1 put., ul West Coat ... 7 1t prof ... J7U vv .1 ft Sea . . 43'i K'jstone Tel . SU VVm Crump.... 73 Ieh Val Irana a? .oca I traders sold at the outset and I u;,r-v contr icts here vvlllii.ul 11 large spent the rot of the day trying to I 'ss. furnished the Incentive for ;i more cover. ' active deniand for cotton today, which The deniand for Hie cash article was made the market strong, .(miliary and ess uigont than for some time and prices j March moved Into the new- high ground for the actual grain did not keep pace for the season. Stop orders were tin with the upwui.d movement in futures, coveted as prices moved upward. Car service i-untlimed Inactive. The Theie was nioder-.te Liverpool btivlng market at Liverpool was not In session, and a scattered d'tunnd from comiiii- Ihe high on December was 7!'?,c. the slim houses on light offerings. Ii vv .8c und the close 79 i.t. coiniiaied ' .. . . . MTAMIAIIIi Oil. STOCKS Illinois Ohio Pralrlo Pipe '. . S O Cal S o New Jersey S O New York I.MII'.riiMMINT 17,1 2KI 23K 30? 40.1 2.1H (III I 7 !4 :; 14 114 4- 14 107 43 20-Ji 07 31 14 13 Hli 12714 IS 14 3 ft 14 I r, 314 J! 31 10 , 01 1 It n Kli 13 4-1 14 INACTIVE NEW YORK STOCKS Following are quotations for Inactive New York stocks and In which there were no transactions today. The nrlce given Is the last previous sale' Adam Eiprest.ltl Advance num.. 0 aavsii'- ,.uii. u. -,7 ...on! cnir., n- Ajax nohher .. VI vorrl. ' Raw, Am Agrl Chin.. 77 Morris t, E if Am Ar Chm pf Nat Aern. V" !.". 1".l,- ",.' N.'l U'a'enii ; ' jmii Minn vii.. - ma MINriirt . Am Htnress ... 714 N'al i"iri'". "LtO.l A 4 T A neaaV til Vat rtll. 1 " Villi 1 niiu I'lia v si "i iff 77 SO 111 2ft'7 llll St ,1ft Am Malt . . . .It Nat HnamiTK '"" Am Malt pref . .inu Nat R t, ."& ' Am Smelt pref . icin'i Nat , pr,,pf 5 Am Smelt rf A M'i Nevad Copn';' ??,. Am Smelt B... SO Noih sfcninrT. W"i Am Hnear . . ftt'i Nl R n s, .-?" Am Sugar nref.lJJ tc si r. r Vi, n. fia K f H.. ' . . l'uloii Pacific. 10.1 Un Alloy Steel. 35 Cn Cigar Strs. K714 Culled Fruit... 11114 US C Irn P & F 43 I'S Ind A lis).. .U0V4 C S Hubber .. 40V4 do 1st pref. 0314 C S Smelt ft It 4314 V. T J oel Jlet Nor h i. w ( Vn Car Chm il"! Smirk .".. .7 ""nr in Ptimtitrrt Am Tob rf new Rfl , Am T T 31 vl '!H X Ami ai nnip .- 1 Am Woolen prf 80 Am Writ T'po pf s.l 7lnii t, T. nf JO A.so r O lat pf J! , Ohl, PuVl l s,.a op ... IH fhin ns ; A a ft W t pf. BO Ontan,, so!" s.l lllrm Jt, Alt SU Ov... t.''.er- -7 : -". - . -- ...i --- ..nri.A -... .!! 'jwena Pot V.V-V .;:i' C S Steel do pref L'tnli Copper IS" til All Const Line nsrreft Co of. 1 01 nrklm Un Qaa.tnl Sn-A raeitio ,;,?' 1"! nrklm (in uat.joi -n-Am p-r ii s3 Rro-n Sho, ... M Pae-ArS ! prloe 00 nurna nroa ....107, Bf ct . p ' r .. . .. IDS I'enrla JL .'' os C ?5 P-'- Jirro-!' ann nulterlck Cal Pseklna Cent Lea rnt S A Chi H Weat. IS Co ft So lat pf on iln Co .11 Pr. rV u;ii ther vt 07 Phlla c,," "' 4 ?.. T .H4 Cl.erce.A .; L'3 J S K,Tsft:ws.s K"1 Chl ft Alton.... T Pitta ft lVeii i, Ijjf Chi ft A ten Pf 24 Presd 8(1 rll Jv "I'i rh ft n w ot.' P c r V Lt" , " ! , 'fori i'i ;: iS do pref A We'st Cn Tel . . Westlngh Mfg. Woolworth . . . Wheel ft L K. While Motors. Willys-Overland IKJf do pref 1 1 V4 HS 14 104 7.1 33 7 37 79 37 108 K',4 34 11.114 3.1 43 11 12414 4.1 Id 10214 103 3.1 3.1 K? 87 111 HI 42 42 100 100 40 40 03 1)3 42 42 K. H3V4 .. 103 103 1 Alt 14 3.1 43 I ITS. 2.1 3 1 14 -"Vi -2 4 2 114 74 31 7 3? 70 :in 10s ft 34 17 71 7414 3tf4 7 37 10 3tt 106 4 IK 14 71 '.4 -II U 1 T4 1 14 Total sales. 40.1.000 aliarea, compared with 40.1. WMl shares .MonddM thus far this week, KO0.KOO ahareal same period last week, 4.13. tMKl shares. Harnett Oil ft (Jas. . Cosden ft Co Klk Hasln Federal Oil Inter Petrol Houston Oil Merrltt oil Midwest Oil Met J'etrol Ohio Fuel Oklahoma ltef Hlce Oil Sapulpa Hcf Sequoyah Sinclair Oil Cnlted West oil Ml MM! STOCKS Alaska Standard .... .'. Atlanta x 1 Hlg Ledge Hlsbee Cop la pros). Hutfe Copper ft .Inc. n Hutte New York .... ' Cal ft 'Jerome .... Con Ariz .' 1 Denbigh Sliver I Kuima Consolidated.. First National C.oldlleld Merger. . .'. 3 ' l.oldfleld Cons ,, (oldfleld Florence.... 7 (loldfield Kewanns. . . (irecn Monster .... llecla. Mining 4 Ifovvo Sound 3 Independence Lead . . t Jerome-Verde Jim Butler 73 Jumbo extension ... 13 McKlnley Darragh . . .1; Magma Copper sn Mother Lode 3ft Mines Co of America. 1 ' Nevada Hills ,1 Nevada Wonder .... I Nlplsslng x Ohio Copper Hay Hercules 3 Stewart ,', San Toy 0 Tonopah extension. . . i united erde 3.1 West Knd Con nn White Oaks White Caps 1 Yerlngton 10 IK.-, 2K.1 313 313 .10.1 213 23, STOCKS I '.4 1'4 Willi ini'. inn lln.il itmirnllitti nf Mnn day. The best on M..V w 7fi.v .. ,,, !'f very up to 30.110. or 31 points net I .. bottom 7S',ic anvt the final 7C.t ' ,,K' s"''f' """ people who bought New York Bond Sales " . Mondays i.rt unce n"?.,,arivi,r,!,1t.a,,?r '!ellxo,',os, "" " '":, " "..- -- A sVarclty of offering sustained com. ','," ,' '"' " ' ? "f "lum, , ttl"u, ri,r.. - , .- . . . ...' lironden. but March and Mnv sold about II Kb Low Close ".: '".'" " K""u sc.crai ueioauo. (UP. ; ., ,,.. v. ,.,,,,... ,- o . N7'. HI "ie use in oats, lint tie refos.i of 1 .: . ' .......,!-. , t.nt.io.u ... ii .... ........ . ...- t.eiienu niisincss was unlet. and t 1 ........ .. ,w .,1 K-nuiiuii tiuaillCSH. I lie 312 " 4114 3 13 33 1014 9(1 17 n',4 x 11 114 H4 1 1 r 1 14 i 13 n 4 3 A (i 7.1 14 (10 40 37 i 1,1 1 K TS. .114 14 3H 00 (1 3 1214 3114 20 09 IIONIIS ri.t.ii.P'hdv of 110 Col ft South.... 1K4 DIVIDENDS DECLARED Hank nf Ihe Col ft Jo l.t Pf 41 Itojai HuTch"' 1i aemlannual of s"w cent Col ft So 2d pf. 434 Jty K Spg pf'- P 2 to atock of record Decs Comp Tab P. 2. Savage A Vma ' iW Lackawanna Coal Comp, Cent Can .. . Saxon Motor " "2 ,''rlv "' -1" t"r "'" ,"a BI.KCTH1X8 the present schedule. The manufacturers,' committee on steel and steel products made an Important announcement of additional prices this week, putting forg ing Ingots at ?73 per ton, splice bars und npany. (n tha Penn Mutual 1 tl plates at 3.2B cents per pounil, rail tmial . 3lEXnni' ffia1"1'' ",'el barH at 3 t'e"t''' ',,", l,lk ut 3'90 oflol a.m. and ao p.m. eenu unu M . 'isawt " i.NBt. .' Vrblladelpnta. Ueccmber 22. J9IT r-ite".'"' .E'"fl? H'uW. ?' to rean win tM tiid at th. vj : ttka f'nmmnw In K t mr . KT .-r"-'-."t(. ' " fixin huh ' on JfJaiKiar, koorv of.tomi a.m. and Suu n.m v., . JIlUTil lllHIIlIIHL'iru -- j-r a. a . Mttf4t,a, li;oij pplkeu at 4.60 ctntfl. . Resrrur and Tr-urr iNKLIN NATIO.VAiril.Nir" n4anaSiai . riauaalm1ua 'tit t n al KlOCtltm for. Dlrpclon llf ka IMM Hankljis liouso on Tue.dar, llll. haitu-a.a,n lk-. ks.- -at (A li o'clock . m. M i to the usual quarterly dividend of 1 K . vi n. iiardt. . ner cent, payable January 2 to stock of record December 20. Extra by Canadian Westlnghouse TOItONTO. Dec. 26. The Canadian Weatinghouse Company has declared an adalphia. December 211. 1UI7 I ?ar, ..I,, dividend of 1 ner cent in addition . .. :- - ,. - Caahlar. afMHrA. Uaeaavaast Letters w .ns abore estate having . ."0.'l Lira and MM ejlate are 'requeated u U4 thoaa having clalma to .wiinout oeiay. at the awawunr. 9t Cbeatnut ,'aiWJJM, iS-raldeM. I tr aKtorayojttf , aVeq, A NEW YORK BUTTER AND EGGS NKW .rOriK. Dei-. 2fl. nUTTEn lie. eelptg. 330(1 tuba. Markat steady. Quota-' ttona unchanged. EOOSJ itecelpta, 43(10 caaes. Market nrm Kitraa. (ltA2ci aitra flrata. (IVc: flrata. ns JlUet aeronda, r.4Vft7ct apecal atorage. 301 440cl Jlrata. atltilUct aeeonda. 3HVt7Wol while, IQW72f brown, Wile. CHICAGO BUTTER AND EGGS CHICAGO, Her. 2fl. EOOS Rerelpta. (1272 citaea. Flrata. 4K931et ordinary flrata, 44M4aVt mlacellaneoua, eaaea returned. 41U 4ae: tnlacel.nnaoua, caaea Included. 42030c: dlrllea. 2irS0et chacka, 26ci eatraa, flllera. ft4er eartona, SSe. -BUTTKR Rerelpta. OST.Ofln pounda. Rx traa. .4S&e: extra flrata. 4Kei flrata. -JH c."''IHjconoaf. aaagaaie'; laaica. aaiMaya7c: F yf?.' tVOH" 10ll . mass, t. .. fti.a,s,ci-,i;i??u:"MAti Cm Prod Crucible Stl pre cuoa Am rug Cuba Am Sug 11 I. X w .. Deere ft Co pf. 03 nn ft Rio Or., ft Detroit Edlaon.lZN F.lee sior KrU d nri Oen Chemical (ienerai iiga al M 17H St , JT p' v ,J pref. ni4 st i. Vw' ".. I Pref K3 Seara-noehnet,.r.i ug pr as f-ars-no- nrsf'i.V 3U..11 So p R sV,V ''j', -..11? 5 "hd MIIMnJ'-'i-l S.tBfi. Sr-. ' Sun Sll ... '. -?'1 siK 3.114 dlaon.12.1 Sun Stl i,t '. Sj" Pat.. (IKK, Texas ri ,,S nt ?" ref.,. U'i Tex ft Pae. "' 154 leaL.JJS, Third Av": , . ? r .. Kftl4 ldeu'S,-- M. '.J! Oen cigar pf.. DKlt Tobacco Prod p"n (len Motors pref TT T S L ft IV ... ' 8?,,' Ooodrleh n F pf.lOiJ T SI I, ft v Vfi ail oranby Mln ... ni , T Pt I, ft w .. (Ireene Can Cen sii; P St L 2d rf "ii la (lulf Statea till. K.I Twin city n T. is tlulf St 8 lat pr.101 unaerw-ood .. " !,. Hartman Corp. . 31 I,nlrwd r p' liJi? Haakell ft Hark Jt !n Hg A I ',', SS Havana Eiec.int J'njyn Pso nr,f 2J Homeatake .... Kll n lied Prult ' Un 'int Aarlcul .... 1(1 W .' Sir tfltS Int Aarlcul P'ef 34, lJlMBrm., ft lnt Harv N J..J10U ? 'V rref... so Int Nickel pf,..J0J ,. M Pref..; Ta Int Paper ..... 2JJA J f Pan rtrd. jXvi Iowa Central .."H II n''ed Ttv Inv. , 4Vi Iowa Cent pL.101.. H ft CI P ft K. in Jewel Tea ..... Mi :: " "Ore , Kan uiiiwut, s Keok ft P M... 4 Jcleae uaa ... 9 La li' La Manhattan Coinpany. uaual i. payanie January iemla?r 31. ompaiiy, regular nuar navahln Januar- l.'V in SllH-y U ircu... enrmurr o., Delaware and Hudaon. quarterly of 2'4 per lent, payable March 20 to atock of record February 2ft. Jim llutler-Tonopah Mining Company, aeml .annual of 10 per cent. pa)ahle February 1 to atiN-k of record January 1ft. Pooka re open January 22. Pennaylvanta Coinpany (Pennavliania lines weat of Pittsburgh), a dividend of 3 per cent. pa)iible December 31 to atoilc of rec ord December 2ft. Pittsburgh. Cincinnati. Chicago and Ht. ' lands Railroad, a dividend of 2't per rent, pal able January 23 to atock of record Jan uarv 1.1, Klk Horn Oil IV.ell Company, a dlvldrnd'of 2 per cent, payable January 31 to atock of lecord January 1, Pqj;o Htco ltatlwaa Company. Ltd., regu- Ilar quarterly ! per cent on prererred. pay able January V to atock of record Decem ber 22. , Crowell ft Thurlow Steamahlp Company. $5 n, ahare. payable January 1. ' I Southern Caltfornla-Kdlaon Company, regu lar quarterly 1 per rent on drat preferred, payabta January 13 to atock of record De cember al. Uarfleld National Hank. New York, usual quarterly 3 per cent. paable December 31. Hooka rloaa today and reopen January 2. Hctlilelieni lis Cosden Oil 6s Cosden ft Co 6s . . Cudahy 5s Itusslan Covt 5t3 do 514s South Itvvy 5s Sinclair Oil 6s Oft 73 73 01 40 80 0.1 02 Todd Shipbuilding 6s lilt IS on 14 7H 7K 07 43 .12 sn 100 i' i' 1 4 3',4 " 1314 2ft 14 '.4 "v "n 07 14 43 .13 2.10.1oi Anglo-l'rendi .Is. 14II0II Am rr See .la. . 7O0II Anier Sin ft Iter ,"s Juno Atn,-r T.I clt 4s.. II do ,1s lonn Armour Cn -I' a . .1(10(1 Atihlson Kell 4s.. 'jooii do iv 4a no . . . siinil Atl Co 1, ne lat 4s I0OO Atl Char .",. ..'"in Halt 4- ohl,. ,- . . jooii do ev 4'ja '"Ml Heth Stl tsi :.h '.in 7II0O Itnrdeiiux (Is .... V" ..'""I Can (lovt .', '31.. S74 2(K0 Cent Loath 1st ,1a 113 ; .inilo chin Copper 7s.. mil! ..moo Ches ft Oh .vt l'4a CHI. Mono do cvl .la .... 71 .llnilii c ii .- (j Joint Is ii2 , I'OIMI C M k SIP rfd 4'na (13 301111 dn cvt U . . T Ihiiki C It 1 ft p rfd 4s. 4(1(10 Col ft So 1st 4a 27000 City nf Paris lis Minn ! in, ,,u ,. loon Cumberland Tel r.s loon Hen ft Itlo Or la. innon Uric cvt 4s sr A loon ilu cvt 4a Ser It 1000 do cvt 4s Ser II. 42'n lilooo French Itepul. .It. a III .10(10 in Cent 4s 1U.-..1. 7" .'.noil Inlerh Met 4'ss. 12000 Interh It T ref 3a. 2O0O Inter Mer Mar Ha. looo Kan City So r.s . .lonn La ft Ark 3a . HOOO Lk Sh deh 4s 1931 lonn Lhr ft M T 3s. 032000 l.lhertv Hood 3!4s. 0K.4ft 9S.33 OS 4(1 Jan. I73IOIIO do 4a ... (17.10 (in oft 10 May ....I.IM, IIO I SI S l'jnoo Lions lis .'tlllno Marselllea lla r.oiilto Ma Phi' iren, 4s loon M,tii.iH Power , 7700(1 N V r ft 11 lis . 411011 IIO 4S Ml1. 70t. . 112 . S3", . s:t .100 . 11(1 . 7.1 . 37', .111 31', 7s'a no 7.1', s.m S3 tlt'i III', S4. Sl SIN Nl. Sll Kill, S'J SJ Sll Sll SIlS hh; Ml SI Sll SJI 7.T, 7.T, 77 77 S'J( sjl, S7'j S7'i 03', nil, nn in. nn', nip, 7.1's 73', m', in 'i in in 71 71 112 llj S3', S3 I, 7IK, sn n: mo no no 7.1 73 37', .17', .111 30 04 .IP. 7S so', S'J'. Ml". 4J'i 01 7S llll 7.m S3 MP, ecelpts were modernle. The cash article was steady, lenders' un'ctltiB) with a fairly active demand from local Industries, The weather map was favorable for putting corn Into con. dltlon, but 'ow temjierntures are agalns! the movement Theie Is no contrnctloi here. Special reports from the surplus Sta. to the Price Current Indicated that' In the most Important 'shipping sectloi.s, there will be considerable forwarding or corn nnd oats ns soon- as cars are fur nished. The high on December was" $1.27 K. the low 11.27'a and the close $1.27k. compared with $1.27-. the final ipiota tlon of Monday; the hlch on January was 11.261. , t,p low, $l.r, and the' clone ll.'.'C'-, compared with $1.2.1'a, the 11 final rpimolion of Monday; the best on1 .May was $1.25. the bottom $1.24's nnd! the final $1.25, against LSI 14, Monday's Inst price. ' ' seemed lo be the luiprcsliin ntound the ting that tending was likely to temahi narrow urlll after the turn of the .vear Latest estlniatcs placed the amount of cotton ginned during the month nf December nt between 25.000 and 30,000 ha cs. Op. llecelnli I January .vi arm. May. J lly. .'put on closrt r nn.ln J'l 7.1 S!i. S'J 2S.S7 JS.I15 31.00 1 1 lull mw Last 'JO so 21 It 211. (IS 2S 72 .in.-ll Jt 1(1 J0..11 211.1.1 211 sn 20 3.1 211.(1.1 2N CO .10. .13 211.0.1 211.31 20 13 31 30 Hoc 07 III 0ft 00 01 01 si si st S'l siV Lending futurea ranged na fullima - lt, l.ir.v .elIT.VI "isn lllL'll 1271. I,'J7, 1. 211 1.2111, 1 24 S, 1.2.1 Low 331. I'onn N V Cli as tti:,n noil iH ."a 1000 300O N V H'-v rCf 4, noon .lo adj 3s i'Oilo .V V Te aen 4, s., ll.nn V Y W C ft It 4Vl 3"nnn North Pae prior 4i tnon do cv f.s .etoiiil (ire S 1, 1st Os. noon Paelile Tel r.s , .inon I'Hiinc (laa 3a. sol, 7I'4 s.l, Kll 47U 1.1'i sn. 40 71 Sll', so 47's in'; snu 40 S3 33 sn Sll, S'l 7s' 7N', 7S. SI S7 102', . 01 . 70 . nnon Penna gen ct 4!,s snu snu inno pcc&sti. 4v,a n na iihiii t-un eterv .1 r.s 711 3000 Peadlng pen la .. H'JH 2000 rtepul. Cuba fis '4 ll'jv, loooil st L ft S P alt. 4ftl4 .170011 no Ser A . .'Iioft s A l.l-e ad I 3000 South r cv 4s 1 nnoo do cx 3s jooo do rfd 4s S4(l(iO South Rwy 4nnn. do 3s .. .-.noon t H Hnt.(.er 3s. anno I" s S ft H Cs., I'.ioon t' s St"I a f 3s 210000 UK o' fin t 3s 1300(1 do CU tflls. 2S00O do ,ma 1010. .. isnnn do r.Hs p,w mm Linnon do r.ua mji ... p" tyoo Va nwa 3s . . R7 17'. llllf Ml'. an M s. k7 1021, Ifi'.l, 101", 00 . Oals Dec Jan. . . . March . . .May . . . Lard Dec 21.37 Jan 24.2.1 Mas ....24. SO Itlbs Jan. ...21.33 M.iv ....21.0.1 Pork .Tan 1(1.(12 Mav ...aill.lS Hl.l. tAskrd Monilitv'a Close fins tl "7a. I "7a.. 1.25s, 1.211', 1.2.1'. I.2l',tl.24', 1.21', 70'. 711', 7s;, 70', 70', 711'. 7S, 7(la 7S. ' 77'. I 77e-, ; 7.1S I 24.40 2 I. SO 24.30 21.11.1 HI.II'J III. I.. . . . 121.20 12 1. 13 24.2:) 24,20 24.13 21.57 24.37 24.55 21.12 24.17 24 20 21.110 24,(1" tst.tis 4(1.0(1 '411.00 in. 2.1 .110 T45.no 14.1.0(1 aXMaaaaaaaaTaaa9a?S9PiaHi9 8 " vvv ' Vv t0 SNonilu.il, 33'. an 73', .17 no (, 7u ni, on 07 K poa; b.-.i; 7II. si; ti- n am, 3.1 li 411 7314 siu, 7TI, .ift'i pni; 7.V. 01', 01 nn, pos; n.-.ii P7U lll'i nu Sfll. '.", 02 's anu, Mia an FOREIGN EXCHANGE NKW YOHK. Dec. 26 Aside from n slight shading In Franch exchange there was nothing to call for special comment in Hie foreign cxcjiauce market In 11,0 IV'2 car,y d'1,llnBs today. It was notewor 77 ij thy that Spanish exchange retained a nrm tone. Quotations were' Deniand sterling 4,75 3-16, cables 4.76 7-16. sixly-day hills nominally 4. 17'. 4 M 4. 71 12, ninety-day bills 4.6a '1 i l.63ti. 17 pnij 7rt !u, nn 07'; f'0, 0.114 OTl, 01'. H7 VJL P." Imp Hit e Erla W.. U' 8 g ft nJf; JJS Erla Wtf 17 !!tab See Corp:! Bl! 1 Hub ft Tire 12 car Chem.. T !J t '"SJI " tr' ck 4S Jg Merp...lTS wahaah pref H. 19 ,lg 11 T or .looli "lrot..: jet X.M 111 l' Pf JJ'sl Pae n ft' itX ilackay Hard F ...1M IVeat 1A TKB., eatlnghoua Ou ... TaVfc l. nf Macaay lo prr o wia central ... as Manhattan Ben, I Whee ft I, K of Si! MtDbat El It IVhee ft fj H pf Jii Jtag Motor .... 20'I IVII.on Co ."." 43U itij Dent 8tra. Wllaon Co W.J J Hay Dept B P 101 Woolwortn .. ...lojlt M" Ef'i rr'-.,!t Woolworth pf.JitJU n - .-T. ..-. e-.s. j- RAILROAD EARNINGS CHICAGO CHEAT WESTERN I . 1I7 Increaa. Second week Dec..,, 1312.013 174,4(17 1 From January 1..... 13.374,1153 '181,090 HALTIMOnn AND OHIO November op. rev... tlt.7TK.278 ,11,018.034 111 montha' op. rev,. 122,1)4.1,271 II. 402. 733 Mi:, Net ." ,. 28.7S7.17T '2.2511, (il as '. . !?..? nnn.iL'uTvn ,v,. i..wnc "" HUHdll ""' "'" Third week December 1278.71ft UNION PACIFIC November aroaa tl2.2Nft.Hiit n.i . a.ftan 07o 'r.!-vrn montba' iroM.llK.aoo.ilO ' t. ...,,. ,,,.J.,,.jaJ.4)il.5oT .a ', - ,il -iwyV ;.4 ' y1 114.03T Il.63rt.lfc0 (MI7..-.U7 li.sni.4ia LOCAL MINING STOCKS TONOPAH STOCKS Jim Puller . MaeNamara Midway ... Mlipah Kit Montana .... North Star lleaeue Kula West Ilnd .. Hl.l .7.1 .13 .03 ,0.1 ,0S , .01 .OS .no Ask .74 .IK ,on ,nn .11 .nn .10 .00 COI.DFIBI.D STOCKS Atlanta 07 ntue Hull , .01 Ilooth 03 Hlamohdfteld H II ...., 01 Daisy :.., )-J Sewanaa ...... ,01 ro (II Sand Kendall .,,- .01 Sliver rick 01 MISCHLLANEOUS Arizona United Nevada Wonder Ttcopa Mln ...1.4(1 ... .17 .01) .02 ,01 .02 ,03 '.oft .02 .02 .02 .20 I. SO NEW YORK COFFEE MARKET NKW YORK, Dec-. 28. The markot for J coffee futures opened weak today at do ell nea of 6 to 11 points. Trading on the, can was quuo active, wnu raincr xreo offering Hi i,a)' BPd July. Open High Lost . T so v as as .inu... ...... .'" . I.." i''T February i.wi .... .... j.ni March ,..,. 7.37 7.33 7.00 May .,,.,...,, 7.74 7.7 7. ail 7.7.1 juiJ . :::;i::i T.a m.m i. "-frs As.-'A.4r.iAiT.. , Mondav'a Cloaa cloaa 7,Z 7.41 L5! Total sales, ftl. (HO 000, entnni-ed wllh K.l.eng.OOfl Mondavi thila fir tlil.'eek HO. 8.17.0001 snme period laat week. SI.39A.OOO. MONEY-LENDING RATES NKW YORK Money on call opened at 6 per cent": high, 6; low, 5i j last, 6; c'.osed, 6; ruling rate, 6 per cent. The monev market conditions were unaltered today nnd business was on n moderate, scale, Tha situation Is In ill rect contrast with the position at this time last year, when good mixed i lateral was lower and more In favor ' financial Institutions than industrial i shares. Loans upon the last-mentioned class ' of collateral at this time a year ago were largely a matter of negotiations i I and n nominal quotation was made of! , 5 per cent. This compares with 6 per c.ent, the existing rate, but leaders are ' not making any discrimination at the I present time between .good mixed and Industrials. As against 6 per cent, the recent aver ago quotation for call money rates n year ago were 3VsT21i per cent, and money was In good supply. Time funds on good mixed wfere 4x?4',5 per cent for all maturities up to six months. Prime bank acceptances are moder-. ately active at 39i per cent for bills member on member and i per cent on members. On nonmembers the nominal quotation la 411 per cent. Prime mercantile paper Is slow and; unchanged at 5i6 per cent. PHILADELPHIA Call, 6 per cent : I time, BffB'i per cent. Commercial ; paper, Ihrfe to four months. 535i per cent: six months. 5 (754 per cent ' Special 4 P. C. by New York Bank NKW YOnK. Dec. 26. The torn Ex. change Bank has declared A special divi dend ot, i per cent, payable .January 7 i InajV rt raooral'ae lis lna e,e t.t.nl- ,w -. w. ...,-. w v.-,. , HWH' , Franc cables C.71'4. checks 5.73. Lite cables 8.33. checks 8.34. Swiss cables 4.34. checks. 4.36, fltillder cables 43?4. checks 4:ij Pesetas cables 24.36, checks 24.30, Ituble cables 1314, checks 13, Stockholm cables 3314, checks 33 Christian! cables S2, checks 32'i Copenhagen cables 32, checks 31 i." BANK CLEARINGS reip"ondin'g'"dalr.,l,,,,,j;rp.r'1 Hl,h ,or- Ifl IT Ml til ...... co: . 'ussaniss s5.'8i;:isa w-m ""'" " ' ...iM'ii.n.ii UKUJT.TJi. "WHERE IN THE WORLD" world's oil supply coma does the from T Itend hoir th Independent oil com panies are .expanding to meet linl'tlp'led 4J.ii nnd l'aee ile in (lids, The reil.ed islltlon" of POIM , OIL rlielr Hlae nod llevelopiiirnt Tell, die liuatlno. history, linld lugs, production, dltlilenda and 1017 inonllitr p-lce rsnees of the liintf ltt,te.A..., n! ee.lil.e.nle. Send for Boohltt 894-T.U. JONES & iSitftER STOCK BROKERS Widener Bldg., Philadelphia . tlell TVolnul lft'in-l. Kestone, llacft 220O. New York Hasten Chicago Pittsburgh IJirrrt Prlcofe irirra. JOSKS it IIAKBK. ll'limrr Hlda,. Philadelphia: Send me booklet un "I'opular oils." I I .Vu.oe ...s ., . I 1 AMma I I ''Ilu - slil-T.l-' mM il. ,u ....I .,,- .... ..,,.ll,i( inn. i Ilof be .one n,'ljinllf uuifri' UI1M C '"' '. '.In Iiipealinriif in Public tVlllitU amply aecureil. b Did Tvo Year Notes To Yield About 74 w" $1,000,000 The Kansas City Railways Co. 1 wc-Year it Coll. Trust Notes Haled Her. I, ion Serlea A Due Her. 1, 1910 Denomination!. 8100 8300 1000 . Issue Aulhorlied by Public Service ;ommltlons of Kanaaa and Mlaaourl Uarnlnga of Company fur years en.n.i June 30! 1917 11)1(1 Uroaa' Earnings .... 7.444..10ll.,l (7.(171.7.1.1.1(1 Operating Expenata .......... 4.9U3,Q84.(ia 4.077.754,20 Net Earnings a.'4IO,4ls.7S " 2,303"t)9s.tsi Notes are ...laterally secured by pledge of IL'JHl.OOU Flrat Mortgage (If. Ilonda.of tht. J nnpiliy, . Dntnihd clrrulni- cn rronev" iNconpon.VTKD Stock Kxcliauga Ulilg.. Philadelphia New- York Hoston r y I'i ...-..v ..J&SLLl . 17i . .fc"- - ..". - . ,-T w- -r v . ."a ,4 i e c . "Vs e . irv '.. . ' , . . J jM 1 - til :
Significant historical Pennsylvania newspapers