,10 EVENING PUBLIC LEDUEK-I'HILADELPHIA. MONDAY, .JANUARY til, 1018 f K !f 11. MtLLY, BROCk & CO. n.iMouis INVESTMENT SECURITIES GOVERNMENT- . MUNICIPAL RAILnO AD AND PUDLIC SERVICE CORPORATION BONDS K CHESTNUT STREET FHlLADULrillA NEWS OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK PRICES STOCK BROKERS WORK UNDER DIFFICULTIES IN NEW YORK! New York Slock Sales New York Bond Sales Sales in Philadelphia tost ClOSO AlUOoJ.Mln... 2 'Ills-Cham Mr,, m d,.:- a4.-v.4- r-..-.,.-ii..,. tt,,.u,. ;,, nA rnvr-)nvt. mtca oiuii vjeiitJittiiy -.-giicx m v;um, iain -jmcarAFdr... Exchange, but Business Is Small,and Irreg ularity Comes Soon After Opening 1U , so;; 65 121.' 63J . :!)f , FOUNDED 186S The Provident Life and Trust Company of Philadelphia NUW YOI1K. Jan. 21. The Stock Uxcliango was almost dark at tho opening today, and wlillo tho members wore overcoats, sweaters and here and there a hat. tho temperature on tho floor registered more than sixty degrees. There was only ono elevator In operation In the building and that was hard to And. The market position wag not Influenced by tho contraction of trade facilities In nccordanco with the order of the fuel administrator. Tho most Important difference In conditions to those usually prevailing was the absence of trading efforts by tho professional element on tho floor. Tho two stocks directly concerned In Mexican affairs wero tho most prominent features, American Smelting advancing 1H to S3i, and thera was continued accumulation of Mexican I'etroleum, which roso IT to 91?. United States Steel moved up " to 91V4, and Bethlehem Steel "1J" roso ?. to 75i. Marino preferred, after advancing l.i to 90, yielded to 8S?4. Later thcro was a tendency to Irregularity, with business very small. The cashiers' section of the association of Stock Kxchango firms has Issued tho following request: "On account of tho limited elevator serv ice being rendered by various buildings in tho Wall street district it Is requested thnt all cashiers make deliveries ns early as possible, and liavo all checks ready to bo Issued for securities delivered as soon as they ore received, thus limiting the number of times messengers would hnve to call nt tho some ottlccs." Am IntrrmfiAnlt" '" JmHIdoJUath'.'.'.; Jm Jllde&Lpf. Am LlncA.l oi Unseed rf.'.' 7.7.'. 70 (IK Itt'X m Locomotirc. ira.Maiiinj. ... Jni Sme t A ltc-f. . . Am Sumatra Tob ., Am Tel A Tel AmWrliinzI'rf... Amzinef, As. . . Anaconda Copper. . i Itch Top AS r. AtlCIufAWI... "Jdnlnlflco Ilaltlmore A OIUo. . Barrett Co Both s ri, ii i . Betliehcm Steel pf.'.". Jis'J "TOK-yn napTran "al lvtrocum.. . , f a IVtro rum pf. . Canadian Pacific . . Centra LeathCo. .. I Ccrro de Pasco . . . Chander Motor Chesapeake & Ohio. Chi Ml A-Stl' I Chi Mil & St P of... Ichlltl&ptc ,CltIAI7pcpftc 01 1 ChloCopper If) Columbia Gat & E . . Xt Corn Prod Hef ;io lllth 12! J S31s COM . SO, tow .m. - L'h 12?4 ltlih tow IJS00.) Anilo-Krwioli 5t... KH's St SOUO Am Hmelt Rf f S M S7's awn Hrkn l( Tr wis no nilO,! ,! flmm Z. DM Km Wl 1(100 Chi 1ml L Writ 4l BS4 10OO I M i HI P rv 4Ul 7S 73 anon Col Industrial C... . 3' Soon Krsnch Hymn H flli MOW lOOn Tnfph n t rf An. M M llzrioo ntr Mr Mar Ca. HI U3i ninn 1,1. n AJ t 7 11.1 . lis 3IM.0 Uh'tt: J 10 A.M. vS usU ihv WlVa M (11 11.-, tf Hand 3W,. US. IS IJH.1II 1IR.4U XI3MMI (lo In .. UII. in VII. II llli.n &1 GO!,' J-3V no- 101! 10-Uf 1014 I'M' 1.1 13V ',. . 00 GM oo: CP S2Ji . IWI (.Mill ilo l.t awn) Tjon its l'mii Marseilles . . 4(k) Io 1'ar (tin .-. 1IXHI Hnlith lae rv Si Jifiii'i an rM At 1MJ.1B IM.M 0!.l .V KS fi9; mii .o?4 "' .".flij Mi 50H GOV so i.., 4!i To'i "!! m- tWV UK 1H 1CV ir.w Wi Vi 4nli U 13D; IfflUa 13.1'i 1304 (ilJJ U1 05 00 31 Ttl . 5a C2 52 o'2 4.1 4'M 42h 42li anoo South im am 4a MiW riMNi i: n nubixr sa. . . 1UW U H StMl i I Si., m tnim Union Pac lat . S1 37000 U K of O II 4k I 3 0Ri 31100 do u 1010 tiilM, 20000 1e S'l a nw 1010 0S h.-.i. Nl'4 ST'4 Ml', S8J i ii'i l.Hlt 00l 08 S:, .13'. 17'. lll't ! CS, KH'i pr,u Vll4 Itlch Am Gas.. ,. Cam Steel , . 4SEIec Stor 40?4 1350 Lk Sup C I3U IS I.ch Nav. lit Ieh Val. .. 1'cnn till . . I'lilla 1!!.- . . I'llTtc 10 Heading.. 73'.i Ton list.. . . L'n Tract. . . 91 U O I .. T(i"4 ft30U S Steel 9I lOWnr l&S S'i tcjuotatlon given Is Nt ehe New York Curb Aetna, clfi , ChavrolM 1 OoadPli . Co , Curtlaa l.ah Vnl i. 'on I S1m 1 Marma Cni)r . . . . iiuviinn ii'iR Itusalan n't a '-'St It5'i 33)3 3'JJJ 10!i 33 sai 10' 334 .:i 1114 . i .in:. . 7 . '-'7 . 73 . SK 411 Knera Copper H St. Joaenh Iai1 Submarlna Unit .Motora Unit Verde Kit Wrltht-Mar .... do pref 14i if 3H14 Ak "S 4.', II K,'i 134 2IU SO IION1IS lflah lAie 11:50 Iht A.I. .. t" .. tt 40H 10i 13 HVz 6! 8J tsa 13H tl :oi 0114 su .. laturday's c!oe. :M bhge. .' 0W P0i ' I ll:r.O A.M. sitoool.I; Sup Ine 5-. 4 SSO Lib Bonds J',11... OS 2200 do 4m... 00.-! 0 ISO do 1st 4s 08.80 lOOOl'hllaKIco 1st Cs. 03 J4 48 OR IS OS oa on 08.80 00.80 OS'.i 95Vi " HEATLESS, LIGHTLESS TRADING RESULTS IN SMALL STOCK SALM TifiiVo SnnPi'i'nr f!nrnnrf.inn Th Onlv SfnoL- au....4 " a j.:..:i... .. nt.Jiii.v.; tt. .!,,. t- . oj AUiiviLy uii jTJUiuueiuia jiAciiiiiigu in Jiiarly Dealings Steel Advances Iluslneu war dull and uninteresting on was dono with so mui'i ul m,r . m the Phlladelnhln Slock Kxrlmnee toilnv.' It wns fVl,l.l i i. 1. J'"lrt Uii , and, while the room was fnlrly comfort- On a big board sales were llnlii f' able at the start owing to somo of the ' naturally had a Blowing i 5 'b heat remaining from Saturday, by mid-! tho local niai-lto!. ' c"ect W day brokers and others on the lloor i Tim -m r,.. . i "t began to shiver, and overcoats and hats .t0ckV tli '2LP . l'"-''BC 'noa became welcome. The general business f, ,X' ,V. l.le,.of 'al InterS Superior was active and ndvL-a1". 13.i. as against lji. on KauJ,v,.,i e fflJ! JJ: .? "a,rry g2 wcro unchanged. ICK In Steel common was deatt in M. . i and .was higher and neadS ". holiday resulting from Kuol Admlnlstr.t tor Garfield's order caused a general contraction of trading, wltbonly bHc . stocks appearing on tho tapo during the first liour. Conditions here were much better than ui some other cities where the exchanges! were dependent entirely on art:f!clal light. In Pittsburgh the early trading INACTIVE l'HILA. STOCKS I Following are quotations for Inactive J stocks listed on the Philadelphia Stock Exchange and In which there were no PHILADELPHIA MARKETS pnovisioNs In i-.v:iiiiiiku iwu in which mem ....... ... , m Ia)r jobbing request nnl th" mnr transactions today. Tho prico given is ; net ruiea ateadv. Quoiatlona: tho last previous close: Am Caa War.. 1'4 I, Nav rts 24 pf .lln,. Mill ... lj. l.-li N'tttf l.ta UI ..11 i Amer stores .. 3J' lx-h Val Trana 27H 1,11 IJ1U. llv beef. In ft. amoked and alr-1rlel. 32e; weatern !;eef. in aeta. emokil. 32e: citv bef. KntlCKI' Ami lanfAM nmnta,! ofl n plrl(il. 23-: vttt lern l.eef. knuiklea nn4 tendera, I..VI: cauliflower. llSniill. J'!r !.. llSJ ?..iYSi.aSc: ur nam'- :. txiric. lamiiji , Y-.V.-i-'l"- caulinower. Cnii?;,SA rr cratSfl ,".v "?."" VuV'ls sprouts Ti.T. -?..-h 01.25: No. riinturi. .Jf wai ro. iwi.zt: No. 2, 70H7v. . ' bunch 3.1 si nk.rZ. "l-.Xm Toa'" ?Jit.::yd.?e .N-!:'V'..,.'.,'uv Pf'fofn" Per h." rU!-.T5 CHANGES IN CORN i-oxdox stock market PRICES ARE SLIGHT Dcmaml Money Is Less Active. Gilt-Edged" Section Remains Flabby, Expectations of Larger Re- londo.v. Jan. 21. Trading m ae- ceipts Incline Trade to Await The most prominent Further Developments Philadelphia have ap- L pointed tllC t'rOViaent as lactations of larger receipts caused , llat the Executor. Adminis-, ;n5 ' l" " mai':" " irnt nv TniBtrP nt woro -llcht and the trade was inclined e.K.".,,I.,!r0U', because of expectations Kely Spring Tile ... . . ,nf to await further ilovelopmcnts on tho nnl "ie government of South Africa Kcnnecott Copper their estates. Our long ,m.nt. The arrivals here today were . ' rmlt "cens? fees whro hirreased LaekSteo , . . . ,, .operating costs Have made It unproflt experience in such mat-,"- ,. lowcr Bt ..lubie to work properties. terS should pi'OVC Of May started, unchanged, at l.!l!i and value to you. curltles on the Stock Kxchange remained , Inter Aerlcul. quiet today. Inter Agrlculpf In spile of the fact that the demand I Jn'plratloa Copper. . for more money was less active, the Inter HirvN'J gilt-edged section waa flabby. The latest ' Inter Mer Mir...... advices from Petrograd made Itusslans ; Intcr JlerMirrf... iniur .igKCI V.n rl fcn.ill. Ttin, n.n n .1, ..-. . " . UMU.H. .... -...,- n . iodine 01 uimmiam in Knn r iv Hn nr . I . .UUMSl-bKMJlMi It A IKS titnr tttiiinri i,ll I' .... . AM Slnras nrof Ti' T l( llr m-J .'"-. iiilllio n 1'. curetl. Ifinc niuest .';.. Si!. ;:: Mlme.BJCpWc.ntCommcr. , 1 paper. gg J SS ,",,? J ' fi, SCi'T.' WU ; ""i "vSir 2S2ic:- olher KrS: Vr llit" FJ& nh.rin.cu.. mi "oi- "I,. ", three to four months. iiUh", -. cent : i:m Ir.m lu North Vx .... " -KVnl,-. cJ,ycur"' ?",t0 "V"' an1 :"0Si w Ik". 23; iutimliJr?' 'iV- ."wiiiff ursT' &' :',:.' s.x month-. 5.ifl5.i per w,. ' S?S 5.K. f: S jV; S S ff" ' nS Sj'S.r 'K Uen<lot.ipf.. . . Reserve Ranks' D RCOlint Itilles lit llrd T pf. 17 i- en X J..M5., arcordlne to aviate, looac. 31cj Lrealitaat , world? . p?r hirnia r tWv'n'-WaiSj Distil crsSecurlil'- XH, ,'.' su ye, nlseru' """' uimuuiii uuirs Keyatm Tl . . t1 r s Sfl pf. .inn'. , hacon a to brand and average cltv cured. Ida. r crate liXrtiHi b0- ! nSi' y.t ,"' " " ' OUiclal ratea of Ulwount for eaih ...' tho Ky Tol pf.... ." W J 4: Sen 43 3n; breakraat bacon, vrcatern curM. 30oi hamr ii-!!5.S,W: '-" Floridly :., ''. tweUo IV.l-ral UMrlita are Ba folluiva: i Key Tel 1st pi. ii'i West Coal .... M .arii. western, refined, tterces, :! 02Tri dJJ " . ."' JV-j V"llforali. Jh? Eric 1st pf "i;,, Uaya " lard, western, relined. tube. 2UH 027c; lard, 3 l'. ,0,rnV,t'l '. '.. ! 'orlda. per Jr"; General I'cet i .'Mj 131'i 13IW 131'. 15 or IOup oun ii'i up ' TTTT 2!ii el'v. le rendered. In tltroes. 2fl , 3.V.0- turmlna f'-n..fd" W "' 11.1Jj r. ,...- .'."' .:'' ?:?' i man in in m uii I n ! nu.f B27e: i.r.i ,-. n vim. ronri.rerf. In I ?""' .'."."'E.'. l-apada. rutatmen. J'J'J' v.yiwioin,. . nu ui UOJi 111 ,aun 4 4 4$ IJ4 V UiailVlUt. JiTlVI tubs. 2114 fc. I iiofl 411. 'ifiV. cabl'"w., domeat Ic. ' ,J ,"J (It Norclaforriri' 11. . "t. "CSi om; nu v.l! 4-.i. ii ttt iC ji; I --& 1 i.iiinjii: cabbace. Dan ah. .. -Jr '" 'r my . . ." V. avu 4U -i 1 IM IV al " ' 1 a. I J 1 fi-fl Ifl. a.fc iu VI a - wt. nar la. n.11- 1. i. . a il itl . w-m -M axr. LaUIIHL'P. HIAfMa ...... -"- IVlLJiI .. miaoeipnia ..... . .v. 'fl 1 ... . . HEFINF.n SURAHS I I282..-.0! obi. V.-.. .' ". wr fcutari' t,,i.''"ln2 1 .1 1? iif The Land Title anu Trust i.ompany , rr loo-lb. bac Vo 1 iVBfttt".n!wtera? Itlohmond 4 4U 44 4'a ., ,. , ., ... i.i.i. p The market mrl atendv on a basia of ..i Ik '.. ""j0' J S.il: No. if- . Hiuonroonu per 3.u baakViT'ifS' FOURTH AND CHESTNUT STREETS after dipping to $1.21, recovered the loss Khlnments from North America for Hie. week were onlv 274.000 bushels. The undcrtono at Liverpool was firm on light j:cn,i WM.b januarj. world shipments and small offerings of I Krom January 1 p0t. MINNllAPOUS. ST. RAILROAD EARXIXGS TEXAS AND PACIFIC 11I1S Increase tS'U.llfll MSK.fl! h73.CUI 3.IKI.", PAUL AND SACLT BARNETT OIL & GAS CO. Tho financial statement of the Ear nttt Oil fcaa Company to b publlabed elthln the next few days wilt show tbat for tbe all months endlns December Slat. 1917. tho company earned at lh rate of between 40 and CO per rent on nnsllr an Its outstanding rup.tnllxatlon. In addition to dlvldenda disbursed for that period, the, company, paid out oa account i." plant and development about 1300.000. Morion. R. Alexander Stock Exchange Hid. PHILADELPHIA, PA. XT.Cily Newark Deataa Cki'cat. .Selllnc by conunlfslon houses, which sti:. llAltli: seemed to take a bearish view of tho Second we January J)li3.;3 outlcoh, owing tj reports of improved conditions on the railroads, made oati enry. Tho arrival here today were S2 cars. . January opened 'ic lower at tsue March started at a decline of ?c, at -- - t.. -nu itiiftlml nt Tfitif. tn 75T.C at the outset and later sold at M. ' , " miv, 'The undertone at Liverpool wa, firm. RSSf'1,,"" 'rgl Tlie receipts OI irawui jiimreai.oii aEoil01A KOUTIIKRN AND FLOHIDA ami uuium tooay were ., i.,i.-.u. Second wrek January I54.7H2 197 last year; at Winnipeg, 315 cars, i.-rom July 1 1,722,133 compared with 171 cars; at unicago, against 33 cars. 117.501 I'AVADIAN XORTHRIl.N Serond .k January isna.r.nn tr.S.fiiifi l'rcni July 23,nn;.lu'i 139.'jihi SOUTHERN UAILVTAV 8VRT11M Lines east and urat: Petond week January S,04."..77 Prora July 1 01,313,332 ll.mi 10,S4a,2U2 Decrease. m. .!. . ... T l.-.nMfll wnm ,1lll ' but firm. DIVIDENDS DECLARED American Zinc. !,ead and Hmeltfnc Com- ' pany, resular nuarterly of ll.Mi on pre I Xctr York Cotton Exchange Closed j 'anSSr?''. rebruar' 1 l0 f!0-u ot r';' NUW YOItK, Jan. 21. The Cotton nr! ,j, 'i(m Company, reeulir dlvl Exchange was closed today on account , dend of 7 per tent un preferred. 11 iwr cent ei,rt rofit,i lmibinv ' on common for tbn current year, payable of tho Oarfield liolleiaj. nuarterly on April 1. July 1. October! and .. . Januan' I to notk of record on tho 20th of me prcceainir monina. National DIacult Company, recnlar iuar- mnccToitv of accountants ACCOIWTANT KKDERAf. TAN KK TORNS. AUDITINO. KXI'ERT CltEDlT COLLECTION SERVICE: HCASONAHLB. BTTUNBERO, tH R. ! TRUST I1LDO, Certified rnblle Aeeonntanta IIWHENOE E. DROWN b CO. 113 REAL ESTATE TRUST BLDO. ISVE3T10ATB ADJUST PARTNERS1JIP jiVTM2LJLiI!S!3-FBHN13 TVAR-TAX reporta prepared. Cranch Ii Co. . Land Title Uulldlnr. 3000 RAILROAD MEN NOW BEARING ARMS t 01 tin ttnn ct. 4 wr wni on common, pa-tame afo.il m, uWk wvw" ! Anrll l.i. In dtix-If nf rri-iri MnrnH ?.i t.nA U'fiV.tcti if A r.ith middling old con- 1 txr cent on prefer rnl. pHyablv Ftbru- uw iM v r" nt 2 26d The sales 1 ftr - "CK or rcorn l-vbruarr Ifi. ....-- The receipts were J,- Company, reu-ular quarterly ,,f i4 u.r ci-nr Wi hs-Ovprland fll'.lllla 1 'dtiril 3 ! 1 Liverpool Cotton L1VEIIPOOL, was nulet today tract unchanged were "000 bales. r.nn !..!.. nil ImarlMti fll,l nitmnt fill Series 11 trferr,l. nt snot prices were: American, middling lto '""KHfldera or recorj Januars lv fair, H.47d; good middling 23.18d: mid-, " dllng 23.26d; low middling 22.73d; good BAR SILVER ordinary I1.74d and ordinary 21.21d. Jjt. ,.Jl( Today Sat. Jlon'. Hlah Low BOSTON COPS HUNT SI'YS ,L,ndon " v. 44'. 43'.. .. c. Ixiuls & Nash . . avc'IM2dI)f. Mexican Petrol... Miami Copper .. Mldia e Steel. ... Mo Kan & Tex pf. Mol'ae trcf. New York Cent Norfolk West... Ohio Cities C.a. . IVncjhanla It It . rhllade'phlaCo . Pllts & West Va . Pit U Coal I'u man Co . Hay Con Copper IteadlnE ItcpublielroniS Itoya1 Dutch tr . . St L-San Kran Moss-hcff.S&I ... Sinn air Oil. Itef .. M2.II3R Southern Pacific .. 1W.IIO pouthemlty MuUebalcr Co . . Tenn Cop&C Texas Co Tobacco Pioducl'. .. Tln City Itap Tran Union Pacific frilled Clear blores. r.SIndAcolio! ... U S Itubber. . V S Smelt It 1M. . US Steel Utah Copper. . . V tah Securltie? ir.2.RfiS 037,781 12.' . 42 , 41)' 110J." . 23!4' .S'JJi 27Ji . 10 . 4 n . 45 an; . 70 .115 214 . sri .ii? . i.i . s .'Ih . ii'i . 10.11s . 0 . 40 L'O'f HIM 23 72'i 11 . 10 . :i:;K S2 231,' 45 32',' )Ol; 5i'i 15 32;: 22; h'J lTillBil-h.hl.i Cleieland .... Richmond Atlanta. i Chicago I .t. Louta I Minneapolis . . Knnaaa City . liallaa Kan Franci&co I 4 4'a 1 Sli 4 4Vi I t 4M) IS " 4'a i', 4't 4i 45 3-" Wi Wi 112. 41 Mi 'it ciji 'cs.'j 'cs.1 27' ( 27' OFFER OF GAS WORKS TURNED DOWN BY U. S. Chlorine Plant Kejected, and Manufacturer Doesn't Know Why NUW YORK. Jan. 21. Klon 11. Ilooher, one of the largest chlorine gas manufacturers In the United Plates, ron- fresh-mad. do, do, fresh-made, fair The Land Titla and Trust Company ., .. , ,. ...,!. .- i.i.iab nr The market "'"?:"" SV'VJ ."","tT' e' ,.,1." ' 7.I3SJ.33. for e.tra fine Bnulate.. wi murawT ui uvirucii, wi o"-i dclphla Klectrlr Company that the shares IM1RY PRODUCTS of new stock In exchange for tho i block rrJ:ES1.jTh0 markel rure, nrm. with of the cw Jen-ey company will he ready ,ien,n,i fttriy active. Tho quotations fol- ror dpllverv Kcuniarv r. Holders oi ccr- low: .New Torn, ruii'cream. rancy, june, HflpnlPQ r,r .letwisllH :ir lcnucslcd to r-e: le aw niBner: ao. nn, present them for exchange on February1 t0 SOoT", ' 22 ?23c 6 and not later than February 12. Trans fer books will be closed January 20, POULTRY uner wniru unie nu cciuiitaita oi ucyuon LlvK The general mnrket ruloa nrm, , nr. win oc 1ESUC1 ny ilic ueposuary. i wnn (lemniw cieaninn up me iinmm unci .. or dealrahlo stock. The quotation wera a - follona: Fowls, extra quality, welghliiB Th I.,f.nvctr, ami Irnnsnnrl TraC- ?. ' 2r each. 2S2l.e: do. 'mall to . assc0c, Hon Company bondholders committee, of sjir. nupiry yountr roosters, 4fti.c; old uhlrh Itowlnnil fomtv Is chairman un- rooslers. SOGSlc: Juck. IVkln, 29v: w. wnicu Jionianu i.oiTii is cnairman, 1111 Inaan nunnr, "1,0'JKCi turke. 27ASHC. iiuuiiuvi umi un- uiiiu iuj utiiwou ui Rfe. iovPilc; iruina, per pair. iiqii'C iw-uc; DAIRY PRODUCTS (SATURDAY) ntTTKR Aa niial . c. ....- .. Illtl. tr.dint-on th, w holesaT nVA',? W I maintained. Quotations: ... "J5'J erni 'JMn- o"a-rackcd crearaerr. ,,; I ! r,1;.u3?,:,1?,n"-corlnB eoods, S4&SJ? ,,fi'l 1 bonds with the Lokuii Trust Company, rlseons. old. pr pair. depositary, baa been extended, s.ubject to "cr t"llr -u0 uctcrnunution al any time. 1'RESII FRUITS At the annual meeting of the Cole. brookdale Itnllroad Company stockhold- liemfiii.l waa onlv moilerate. but nrtces wero well maintained on holec aloclt. Juot- l M.l'S?.'i"7pfeh. eg, continued icirca atJf v...ufcuL iuii (irices. wuntHtlons; .J Nearby flrsts, Slll.noSfi'O.H) per ct.ii ij current, receipt.. 1 r,ll oer caa.! Af'JSr. oo, young. " '.".vr'.X'Xi,?" r3'-- wtern. eiuitl ?.,.'?:, '.0WSi.l' rer cise: do, tntis! UD.ui) per case, do seconds. Jlfi.ioeijtKl wer. InlVlilnV V ' Ti-BVr'.'li"', Qal ". V....B , uv.f irei UU"-'II, 2.Ti 7,.,' 7.-.!i 77.', UK 10M 34 2'; rsi1, ra'. TTiH 77.4i 11 1 , 23'. 11 10! i 31 firmed hero a report that ho had offered trs. today, Charles llccbner was elected his plant to the Federal Government for a director, In place of lldgar C. Cook, use In experimenting with and making deceased. gas masks for the soldiers and had been ' turned down. He could assign no reason Tho New Yolk Kubtreasury gained for the refusal, except sucn reasons as $085,000 from the hanks on f-'aturday ilfnTJ: $1i?irNol!W.lSWflw.W- "0ubt wheJh Su8ar Market Ex'uU ty-ounce. !.'. r,n. lluhbnnlstnn. t.r:."b.V2.1, NKW YORK Jan "1 Anthnrliull rnlnB. .SI8.5! nallwln. M,M?S.&0: ,,,! '', "1 ,"nU J";,.TI:r. irfil'li might be based on lack of Information ; making a cafh net gain since Friday of T,,,1;5uir7!iil"r?o 'i;ff' li'vifr- niV !, ..... rtf tlt. In ,ntrn nf !. .mo AnA DtliClOUS. 1. ,y t -.lU. I IHIf . a I . .i'lr - " - Home lleauty, S3.ri0il 50. sap. 3 2.ill: Illacu iwli K0'-i..V'r?;;J.;.,u,H.""S.r.''-.'i'l,r VU Several of tho brokerage house. arV pies, 'western? per box Jonathan,' 11 7,'SJ j open, but no quotations could be Obl 7r. vinter nanana. i. ,.,v -.-'"; e-iniaeii- tailieu. !tnMr,nn Win-. 1110 BUK.ir ifaClO COU 111 lint le rrholk--I xiSiP.-riif':'Js';vVl- ,1,era was t0 be n mnrket or not todaril ilV ?al.i.,??,r,k K: Several of tho brokerage houses an? 2iJ ''o' --; i . 47'4' . 1.114 13W 13'i 43H 14SW 140 S2W 53.1J ril"i OoH 111H 112'i' 112.'. ll;'i SWl 13'. i 14M o3's 117 . .VI . .IT. l!. 82 . 12 . 40 10 17 llS'i XI' i l.'j si'. 40 .IS 17'. lib 53? j 45H 11 , X2 40 Tii't 7i on tho part of those In chargo of the Ordnance Department. Mr. Hooker said that In his plant thouKands of masks were used dally for eight to ten hours by men working In fumes which certainly are as noxious ns any gas Invented by the Germans. The masks, he said, wore Invented In Gcr- . .. many. He brought llic original to this ll1-' country llfteen ycnr. ago and since has VI : found It the best one procurable. Mr. I'M i Hooker said he had made his offer direct "I1? to Secretary Ilaker and General Crozler. $528,000 The annual meeting of the Huntingdon and Uroad Top Mountain ltallrnad and Coal Company will be held on Tuesday, February 5. Tho Intel borough Consolidated Cor poration, reporting for tho year ended December 31. glveu to'al income, $C,955, S6G: against fC.ii31.357 thn preWous yeir. or a gross Increase of $21,G07. Net income for the year increased $127,032. Total surplus gained, $169,470. urtuv. si.r.iiil" rn. staiman Wlnesun. Sl.ii.i 0f2: Penrmaln, lll.'l'2; Newtown Pippin. $1 COii 2; Mack Twlir. l.f!02; llano. SI 2R M.7.. Apples, nearby, per hamper, Micftr SI. .".ill do. do. per .-bush. basket, 23c( $1.2.1. -Irfmons. per box. $367. lliir.unaa. per bunch. 1. 25ff2.50. Ornnses. ralifornia. per hot. $241.0: do. I'lnrlda. rr box. 2ifr It. TanEcrinee. Florida, per strap. 3W7. Orapefrult. Florida, per box. tteS: do, lorto Itlco, per bov, $2fi 4. .Ml. 1'Inenpplea. lorto Illco, per crate, X3.2.10O Grapen, California, Tolcuy. pr crnte. f l.l.'in.l.".; ,lo. do, Kmpcror. per drum, saar-i. cranber ries, Jersey lr crate, $3.235; do, do, per bbl., JlStolS. Htrawberrles, l-Morld.a, per qt.. Coyiric; do, California, per pint, 20340c. NEW YORK COFFEE MARKET Today. Saturday. iipenlnir March . . May July Neptember December S 3SiR.40 S.IUtfK.II.I S.Kims.8.1 S.1IHJ1 8.1111 0.mtD.22 clew ' I a. SI 8.74 ti K.II4 s.te Bl'i 17', SPORTSMEN FIOHT NEW BILL Ordered to Do Vigilant in Search for I Enemies W fl Tim "RrntriprllOOd Head, to be particularly watchful In the vl . -.-.. ,. i t-- i clnlty of railroad stations, terminals. .ueporis xuu ueuwi uu xjio ability Claims CLEVELAND. O., Jan, 21. The Brotherhood of Railroad Train men out of Its membership of- 100,000 , men lias approximately 3000 men In the ' military forces of the nation, according to a statement Issued by W. G. Lee,! president of the brotherhood. The national union, according to Mr. j Lee, has paid more than 100 death and disability claims as a result of the ex- ' jerjences of members overseas. Of the I00O at the front more than 500 were j McA(oo Wars Against Trad residents of Canada. The organization . . ,-.,.-, . mg jjiDerxy issues ior oecuri- INACTIVE NEW YORK STOCKS Following are quotations for Inactive New York- stocks and In which there BOSTON. Jan. '31. Boston's Police " transactions today. The price Department was put on a spy search given Is tho last previous sale: today when ordem wero Issued to every i m ijjct Susar 74'.i Mont I'ower ... S member to be especially vigilant In these Adams Uxprtaa.115 Mich Central. . .ill' times of stress. Policemen were ordered :y,.l"" u iYJv,. t'r.l in7 Alax Hubber... DO. Morrla t K pref llVi Alaska Juneau. 2'n M St 1 & S 8 M so Am Aerl Chem 77 Nat Anne .... 2Ii Amer Can 31H Nat Hlsi-ult . . . 93 Am Car t Fpf.lu. Nat niscult pf.109 i Am Cotton Oil. 2il'. Nat Cloak & Kt. 59 Am Kxpress... 7SJ4 Nat Clk S pf.lOOVj Am bmclt pref.lOS Nat ion St CM. HI Am Loco pref.. HO Nat lSnamel ... 41U Am fm-lt pf A l'0'i Nat Ku & St pf 0(1 Am Smelt U... DO Nat Lead 43'.i Am Buirar ln Nat Lead pref. fin Am Huuar pref.lOil , Neada Copper. Ifi'a Am Steel Fdy.. UOVj N O Tex & Mex 20 Am Humitra, pf 9S N T Air Ilrafce.lsni; vm Tobacco ..157 N T Central... Am Toll Pf new nil N Y Dock tl',1 wharves and places whero Government supplies or foodstuffs are stored. They are given free rein to hold up any suspicious-looking stranger They must bo observant and watchful. Should they overhear a convercatlon which might In any way tend to Incriminate thore holding It, they are to make sure of their grounds and then proceed. "HOLD FAST TO BEST BONDS IN THE WORLD" GUNS, NOT HOT AIR, WHAT SAMMEES WANT British Chaplain Says V. S. Should Hurry Up Equipment NEW YOHK. Jan. 21. "Ameruun men. the finest you cer saw, arc pour ing Into Franco, but they have no big guns," said tho I'.ev. John Itobertson. a cnaplaln with the rank of major In th British nrmy, at the Second Presby terian Church here. Doctor Itobertson has Just come from France, where he has been with the British army for eight months. lie has a roving commission to hold services anywhere on the British, French i tw! itnAplpn frAntn nn.l In, -r.l... I....... "" -. r.I. o.ili it ruTii Zlr "" v..v ......... ...... .. t,,m i.c.u ss t c.bis: ii. n to ft v.-..:: i3 T" "0's ,w.ar ?nd.,n. ot Oppose Diverting of License Fees to State Treasury LIVE STOCK QUOTATIONS i.HICAOO. Jan. 21. IKXIH Kstlmalcd ni'elpta toda. 4s.(lll0 head; lett i.ver. 21111 bend; tomorruw.. 211.000 head. .Mnrl. atcady top. iin.1.0; ijuih. jMj.4imi lii.i.; nuni Mir.LVH.I.i:. N. .7.. Jan. 21. Cum- l."i.90tni; mixed. $ll.loitinn: heavy. berland' County .rUmen are bitterly ! .MSM' T.h' 1"$U& KS5T7. ' .opposed to the proposition, as outlined , Jhoin. hiavt $Yii -tojl 5' si! 1 In a bill now before tne Legislature, to , cATn.K Eatlniated reielnta todaj. 20. divert tbe funds derived from the II-1 nun hejd: tomorrow. Sooo head. Mar',., t censes of hunters and llshermen from , weal: and mostly Hie lower, Heos. JS. Hi Pay Car Delay Causes Strike -r HCBANTON. Pa Jan. 21. Nirl, 700 men and boys wero thrown out'ttl work, when strikes were called at tin Bellevue mlno of the Lackawanna Col rnmnanv nnil at thn Pampon Pl. la I mniKiiiv'M wnrlcn lioro. Th T1.llA.il nut uimiirni n stocu was uuu i vue miners struclt Because tnc pay car I uuotntinin.: hiin potatoej, rai,,i to arrive on schedulo time, belli VEGETABLES I Tht market rulfd Arm on fine slock free , from Jtlsi. kid I'm. l'enn.rlvania. $2.2.111.1: New York, i today. The Paragon wprlicrs demtnil 'l 42.2.i&2.r,0; weatern. 2.25t2..Mi; sweet po- nine-hour day aim an increase of fort1 tatoes Jersey, ier -tmsnei uasivt, 33 it. cents a uay. the State Fish and Game Commtfcsloii to the Slate Treasury, and contend that such action would seriously Interfere with the propagation and distribution of came and flh In the State. Tbe fanlou hunting grounds of South Jersey and of various lakes and ponds have been well rtocked under the direc tion of the stato commission, nnd Its work has been Kutlsfactory to nil who cnloy hunting mid angling In this lo cality. Hundreds of signatures have been affixed to a petition protesting against the proposed change. DESCRIBE SECRET SERVICE Postal Inspector Cortelyou to Ad dress City Business Club jfl - tr. . J l..l,..u tlltMl h.rt. D.....1 . f- li). I il j IUWH ttll'l liriicin, niinn, eiyi r,- era and feeders. $TW1.SU: calves, JBGH1.5U: poor to medium. $h.40blO.,1U. BHEKP Bstlmated receipts today, 20.000 head; tomorrow 13.1100 head. Market slow and weak to lBc lower. Natle. J9.7.1i in. 10; western. $10,41113.3.1: yearlings, JlS.noSlir,. Uamba. $14.C0V1.40; western. J 11.734,17 83. KANSAS CITY. Jan. IM.CATTLU Esti mated receipts todu. Hl.noo hca.' Market steady. HOGS Estimated receipt, today. 11, owl head. Market steady, llanse. $ir.a0Oll.sii. ' HHKE1' Estimated receipts today. 000 head. Market steady. SOUTH OUAHA. Jan. 21. ItOCS Esti mated receipts today. MOO head. Market steady, nature. $13.73 1(1.20. CATTLE Estimated receipt, today, 11. 000 heart. Market slow. HMEKl" Estimated receipt, today, 15,000 head. Market alow. Cars. (ins. To the Holders of Certificates of Deposit of Stock of PHIT.AnRIPHIA FIFrTRTP miMPANY r.. , ISSUED BY THE LAND TITLE AND TRUST COMPANYj Under Plan for Exchange of Stock Dated September 25, 1917 The ramifications of the United States Secret Service, which Is credited with , unarthliig many startling Oerman spy plots and propaganda schemes, will be 2s. GOVERNMENT BONDS rcli tertMl. 1030 coupon, in .vi . . . . . ana mo iioar or , v .... .... t t i-. .!.,, .... , coupon, ivit. Am wooin ... Wi n ii K m lit pf 40 .the uuna by Mpht." in driving: home r .It ", .i ZZZJ W Cul 0! i:rr,nirn Am Zlno t I. pj 42 N II It M 2d ir r.nv. , statement regarding tho lack of U"" ?tat'rf, , T-'n . !' SR." Ms" ..,. nil . TxVt Knrt Wm.t nl TDT . AO twipt.. no North Am-r ... 44'4 "The British are passing along their Am Woolen pref 83 North Pac . . . kx I big guns to them, i-o they can practice Atchison pref . . M;. Nwa Rcotu Stl r,s It Is nearly a year since America entered All lilrm A Atl ;;i "N 0" "!... M, . the war and tho lirst American gun Is weapons for American soldiers he said: UII' US'""B "'' " "oiei Aueipnia ai iiuuu iuuh), Chief Cortelyou Is in charge of the is paying tho dues and assessments of all i members In actlva eervlce. "Wo have 10,000 switchmen and 120. 000 men engaged In train and other yard service," said Mr. Lee. "and I can assure vau tnat. Tegaruiess ot now iney are rui- ties of Doubtful "Value .il r?nuat I.Ine. flHvi Ontario Hllver . 'if. llald Iak-o pref. UK Ohio Fuel 441; Halt t Ohio pf. 5H 'lirens lint pf.,10S Barrett Co pf..l0fi Pnn-Am Pet pf. 00 lutopllaa Mln.. 1 I'on-Am P prior llelh Steel .... H? pref ct r.ft. Hrlyn Un Gas.. 10.1 Pnclfle Mall 2.1'i nrown Shoo ... l'o Oa (t C. 42. Uurna Hroi . ..112 vnrl & Uast. Oti yel to bo discharged. Ureat IJrltaln Is waiting, waiting, holding the line. Hut America sliuuld hasten." He said that the German railroads ' were blue-gray with 2,000,000 men who , were being sent to the western front. I He thought the attack would come on Philadelphia district. 'The Secret Serv ice" Is the title tV his talk. 1. cminnn. 11)2.1 !;s, reslstereil. l40 r., coupon, 1040 ..'i-.' l'arama 2s. realslere.l. 103d. do 21. rcBlitered, I(i3 do :is. re.lstered. 10G1 do 3s, coupon .'. llld . nnl. . 9U4 . (nt . (in .104?; .104U . 2 . 2 . mi . III! . v.! A sli U7'.-j .im' mr.j, lo.l; AVAfe'HI.VGTON. Jau. iiuriiB i.w ; It.! i ti -. M" "1 i w iiiwubiii mo Ui,it4..iv nvuiu vunio OH 1lnvestors I IStle'rlck B.UP:: lou 'phT. .ftiTr'e'f .' i?" ' ;he K'c1' " nrt the llelglans Cal racking Co.J? "At tne outrjreaK oi tne war wiiii v.er-, curltles in exenange. In a fctatement I '"! ? 1',i""-if' -iu, ' rnanr I set aside one of the organlia- appealing to bondholders to "hold fast , W it'. 2i!W 1 Krfm.mrhottm tlie be!,t l"vtment In the wc.-ld." rS X ...,!!; ! surance of members who enust or enroll . ,. ,. mm. ' chi ft N w pf.ljJT. ffiS5A j s:jS 'Ad fiisisr? z e1 wsr. sasw-s& limn to OMiti mo uuniumcin 111 i"j -' -- "," "" Cm '" ,li',Vi'',i VV" "" way to win the war. (Sponsible persons offering other se- chl at West.. "J. p c o 4 fit l . no -At ine ouiorean oi mo war uu v.cr-, cunues in exenange. in a fctatement I " ';:; r . ihv, nv niit ViXWiJ? ".' ? -:.:.; i-' .... - i. .. .."'"i i"- Mr on npff pr im i Iteadlnir 1st pf . . nn ouruiiuo oi """i" rr '"'. "j .... Mr. McAdoo said: ' Chl ft N ww.is ":nf " rr.. nil are today paying from a fund' established -at i,as been brought to my attention , C it I ft 1' c ,st. 2?VT"; r' bU by tho grand lodge all dues and assess- that a largo number ot patriotic cttl- J?',i c,il"' is S! 'is ?! 5 ..n.a e n..ml,.. vhn Iiava nllfltecl nr .... .,. ...k..ii...i -- ... Phlno ( onper ..- "W, ft H IV... 2H .nmiiad in cither the army or navy, and I t.nnd. f hmi, ti,. nf .n n;i i. ' riuelt.ph'iv .rj-.'i" " "" .Motor. . . s. will conUnuo to do so while they are In j are being approached from time to time I active service. 1 by agents who have, with too frequent i inw uuiuu " .. w.-j, ..... , success, inuuceu iiiein to sen meir 1.10 patrlotlo heart of the membership of crty Irf)a bondg ana taIie ln exchange the broUierhood, both In the United Mcurte8 which In a number of cases atate and Canada, seemed to warrant It, havi been of very questionable value, and for the tunhtrrtaaonatth9 op- Through the Intensive work carried rrtunlty for effectively to challenge the . on durinjC tht two uberty Loan cam statement that orgaidzed Ubor la a paling, a patriotic army of 10.000,000 menace to sood governmeut anu an i,r,,ihiivr in hir mnninr i. i, enemy to society. ..'created. It la of the utmost Importance In another attempt to take Calais. THREE PENNSYLVANIANS J GET JOBS WITH PALMER . . tik.lu m9 11(1 Hstin 1fAln.. Col 1-uel Ic Iron JS geahoard A I..': 1U ' Col ft South... JR Hears-noe 14.1 COl no .J! 7,7 r"'7f,J PI.. .1111 Ralph J. Baker, Philadelphia, Among Those Named in Alien Property Law Bureau - .-Together- wUh , chief executive, of , "3;, Vnve.tments of thli" of WASHINGTON. Jan. 21. A reorganl- -oi t So 2d pf. 42 Shatiurv Arlj.'. ir; nation of tho law bureau of his depart Oomp Tab r.ec. 2T south Hwj- pref ."7 ' tnent has been announced by' A. Iiava reneatedlv assured I'resldent 1VII son that our membership could be re lied upon In support of his declaration tor world-wide democracy ; and now tbat the Government has taken over the operation of the railways we are with It to a man and havo not only furnished man-power, but have subscribed, 1250, 000 worth of bonds of the Liberty Ixiart issue of the United States and $50,000 worth of the Victory Loan of the Do . Linton of Canada." EAGLES IIEKALD PEACE I Thfee. Wprs Ended With Their h light Alonff the Delaware j CVEnA X. J- Jan. 81 Old res!- 4eo W t thl section oro predicting an early iprace, basing their prophecy on th .appearance of u pair of American mk1 which for ntverai days hays been iibierved Hying along the Delaware Illver front hero. AaeorUnf to an old tradition a pair 0t bW-1ieded eaglea appeared la. the liwaro. Vallfjr hortly before the ciijain of tB Mexlcanf, Civil santt fiflan-i-i Wars, and wero each time re .Milcd. otnbna ot Mttco- Many be hro ie t'vglen fioW here ara bird of 0 Mi! fag" and tbe same titat came d'iit Sot'JXT wain. possible way, and that their action In lending their money to their Government should not be taken advantage of by Irresponsible persons seeking solely a profit for themselves "I therefore warn Investors in Liberty Loan bonds against exchange of these evidences of their patriotism for any securities or so-called securities, While some of the securities or so-called se curities offered In exchange for Gov ernment bonds are of sound value, there Is no doubt that a large percentage of the" - worthless. "It Is my earnest hope that every purchaser of a Liberty Uond will realist) that the only genuine help he gives his Government Is by keeping his bond tfa an Investment as long as It Is possible for him to do so. Where, because of misfortune or Imperative necessity, the holder of a Liberty Bond Is forced to sell, there can, of course, be no restric tion." City Engineer Fights Dismissal POTTSVJLL13, Pa., Jan. II. John ft Stiauch. city engineer, has teeq served with a writ of mandamus re quiring him to show cause why he should pot turn over the city books, papers and maps In his possession to v c S. Push, who has been elected as his suc cessor. Htraucb'u ofllce was Included In the civil lurvlcs act Dossed liv tlm last .Legislature, and lie contend that he 4 cannot bo removed without cause. rv.nt Can ! P It Hur..l4r. Consol Os. ... fc'n.l Jliuinir.. s.ili Ton O Blr no M.-.I Mlllnit nf M Cont Int Ca M. "j 8lu.l.hsl;.r pf.. ni Cruclbla Stl pf f?UD Steel nlli n,.r. ft t'o pf. M Run Stl 1st pf . un Pel ft Una. . . -'5N Tear tPae.,.. IT lien ft Wo ". Tejaa Co rct.., inyi ' Iletroi 'MII.U11...--1, -". -irr UII. ..u.i I ixro. Mines ... Third A .... -t Krla 2d pref... 1 . Tohacco Prod pf 88 I K.leo Htrr Bat. . f.JJj Tearisua iVVra. 4 l Ped M S pref "Mi T Rt f, ft W. . . , 7 Clen Chemical.. lr.r. 'r st 1, w pf. sn I HeSeral Clirar.. M$ T St I. 2d pf rt. 1(1 i r.en Clear pref, S. I nderwood Tnw (in Coodrlch n r. M nnderrrd T nf. 11 3 VI uviricn ii r y-4!"' ;.,M'i.1 ' Pi.. TO ! Oranhy lllnlnr. JJ Jin JJac ft Pap. in (Ireai orin pi. ! ', . " " riw " Mitchell Palmer, the alien property custodian. Three Pennsylvania!!: were ' selected for posts. They are Italph J. I Baker, of Philadelphia; U C. Illgbce, I of Connellsvllle, and J. Ii MacClosKey, I Jr.. general counsel of the Harbison I Walker Refractories Company, of Pitts burgh. All are made assistant counsel, along with Mansfield Ferry. Leo C. Bradley, Birmingham. Ala., Is appointed general counsel. Bradley Palmer, Boston, and Morgan M, Mann, New York, have been appointed as asso- i ciaio counsel neruerr. . Daniels. J Omaha, Neb.. Is appointed chief of the ' .IL.I.I.n ne 1,1.11,. 1.1, 1.1 ...,...... .. V unieivii ". .,. 1'ivcri, Law rence McGuIre, president of the United States Itealty Company, New York, Is Trn..na.r;ier, .1111 I'niien rim, rtitt - uniiuimcu luniiasci w iiiq real ratata ,,.. ... . T" -. .. . --.w... ....,s. .- . ... - - i Hnmstait . . . . jn MM Fruit ..u;c i department. I'iarl I. McCllntock Is an I iiilnoU. Cen . . 94 'l-d P.t llrd 1SS , uointed chief of the division of nmitrAl l"'.'-.! ""?." a-.u. f,a" i "lv..'"V- int t "- "-; i, iJ. " n 11 ...... . H.-I. .1 Tn,., ..... n.. ' . tl.SK.I. ml ,", ...... .,,..( u n, , n t., 1l1 uref.inn II'H C T M A 1. , inter Paper ... 2SU I' H C I pf, 4! low" Cjntr.1 . . 8 J' g Ind Alco'pf njj, .tewel Tea .... "H " g a ty lmn 1BU Kennteott Cop. SlJJ OR Realty Imp Keok ... 1l f r.O I,eled na... SO H s Hub 1st pf . r. IJt F.rl W.. "Vl J' SIJ.I pref.lfilHi I. Huh Ttr. l S ft n pr.f 44J Ihlsh Valler.. 8J V far Chem. S. 1.1. i o"..i21 r . . - - 6S lis , pointed chief of the division of neutral countries. LEHIGH BARS DKY TODAY Saloon Men Agree to Suspend Busi ness on Monday Holidays ALLENTOWN, Pa., Jan. SI. The question of selling liquors on 'the Mon day holidays has, been settled by the saloon men themselves. At A meeting ot the Law and License League, whose members comprise a majority of the licensees of Lehigh County, ft was de ft. 17'i i ildod 10 lorn, voluntarily and the or ' E Soil I ganlzaiUn issued an Invitation to al) P x.!1. . ..... ,. e..nn... u.,i, Tl,. e..ai ... ra nu iticiiiw,!) v lunvn w.fc. i.a .mi nu- e-: Pet nref SJ ISH!1 "fd h'i- "? I mlnl.trator has requested clubrjonu also Jl Pus put... 114 Weoltrorth ...,llt5i t eJo"' i-: ... -v "HT-.t-.t - --- . T.I .tfa nt atl! W1 tm.V ---. ll IritUrd P .... 1KO Vt N 10 Vnrkar Co .., TM. Vnt I'ltln Tl h9 l(arkv On trrt T.7 AVonim J U ji Uftr-u MaWr. 'i nr-f IJ Cft ii... f.. .ih atTU n'ul T- T rt IftC mmimr I" ". ."'-' "',7 a... . -"- THH SI T'T n v'lKr,Pe Jr '.Wa.ti,, Tl. h. 1 WWI I, R '! ". r.f . v' ' iAror . 3 Dayton Coal, Iron & Railway Company Incorporated under the fates o-fie Sfale o Detaicarc) 8 Cumulative and Convertible Preferred Stock Fully Paid and Non-Assessable Preferred both as to assets and dividends C'OSrOKATION Tcust Co., N. Y. Trannftr .lciit MrraoroUTiv Toot Co., Heolninur Tlie Preferred Stock may be converted into Common Stock at tlie option of the holder, share for share,and dividends at the rate of 8 arc cumulative from Janijary 15, 1918. CAPITALIZATION Authorized Issued Preferred Stock... (Par Value $5) $2,000,000 $2,000,000 Common Stock,.. (Par Value $5) 3,000,000 1,000,000 This property and equipment, located at Dayton, Tennessee, has just been appraised at $3,069,900, which is practically,doublo the amount of the preferred stock issued. From a letter of Mr. II. S. Mattheiva, President of the Com pany, we atimmarue as follows: The Dayton holdings consist of two complete blast furnaces with a daily capacity of approximately 375 tons of pig iron, about 27,000 acres of coking coal lands, about 4,000 acres of valuable ore lands, 374 beehive coke ovens, 17 miles of Standard gauge railroad, with seven locomotives and 94 cars of all kinds, a river steamer and two barges, 200 dwellings and business houses,, aboitt 2j3,300 acres of timber lands, etc. . Based on a produ.'ion of but 70.000 Ions of pig iron per annum (capacity is approximately 100.000 to 125.000 tons per annum), net earnings for 1918 should be $910,000, which is' many times tlie annual dividend requirements of the entire issue of the Preferred Stock, Offering Price $4 I'er Share to Yield 10rc Deiarlptlv Circular on Request. FRIEDMAN & CO, Widener Building Philadelphia Telephone Walnut 8110 The efuleineHts aiulflpuret tonlalnetl (Ma adver'iicmeut ait i out oflcfal source or iroAi (note wid n ire consider reliable and, tolnlc t beliert ift.ii. ro be coi i tk u art u c nara-.tced Vp vt The shares of stock of The Philadelphia Electric Company to which the holders of Certificates of Deposit issued by this Company as Depositary are entitled, will be ready for delivery on February 5, 1918. Upon surrender of the Certificates of Deposit duly endorsed for cancellation, holders will be entitled to re ceive the number of shares of stock of The Philadelphia Electric Company to which they are entitled, in accor dance with the terms of their Certificates of Deposit. The transfer books of the Depositary will be closed for the purposes of transfer on January 26, 5918, after which date no Certificates of Deposit will be issued by the Depositary. ' You are requested to present your Certificates of Deposit for the purposes of the'exchange on February 5, -8 1918, and not later than February 12, 1918. -M THE LAND TITLE AND TRUST COMPAQ Depositam Philadelphia, January 19, 1918 i 'H CURB'JEVg ' "Earnings and Market Prices" (Jin the face ot Increased earnings reported for 1917, many ""stocks are quoted at current market prices "considerably below 1916 high levels when earnings were much less. QRead In this Issue ot CURB NEWS a comparison In earn ings and In market prices of 10 leading New York Cuib stocks that aro ln this position. It Is - study ln market perspective. Send for 765-T. U. MUMmf JONES & BAKER STOCK BnOKERS Widener Bid.., Philadelphia Hell, Walnut IbaO-l. Keystone, llaca Kroo, New York llo.lon Cbleaco I'ltUbunrl. Direct V(ra(r IPpyji. ,n 41 f .. ,- ' -JOUBa d BAXBU, lWrftfNM. MA nt,tl..Jmlmml. You may nuj rn. "Zarnltt" ,Bfl Marks! Prlr " 94 ii lilt l-il I