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BVESIKG- PtBLIC LEDaER-PHILDELPHIA. SATURDAY, FKttRUARY 2, 101g
'1106.
B?
. SMXBttRI
'MVttTMKNT
. '?gVVnAmint
MUICIPAX.
V
ilA. 'V """CI"' n
$V&? . nAIUROAO
fr. ,.ANO
1 .-IT nariN'aviKU
rUBLICaKRVICE
CORPORATION
BONOS
fi,WAR 8AVIN08 STAMPS
M,
.
a
3M CHESTNUT STREET
i'iiu.Ai)i:Li'ii.v
Xrtiws nw thf FTNANCTATi WORLD NEW YORK AND PHILADELPHIA SlOCKKlLK;
a. A f K- V .J. J. A M. A ,A As-v-aee ,. i- ' .--.Hi-r mrnTT A rir A
TRADING LAGS OJN jluual. auain
STOCK TRADING IS CONTRACTED
BECAUSE OF HEATLESS HOLIDAY!
New York Stock Sales
Absorption Good and Many Issues Advance,
Although Closing Out of Orders for
Realizing Causes Some Active Selling
High Points in Today's Financial News
Trading trot i .imnll volume on the .Veto York Stock Hirhange media
to approach of heatlcss Monday hutlday. Many iniic? advanced o ah'
sorption tro.t good, vllhough realizing occuircd. Oils ivera mini aetlvc on
the Curb, Grata steady. Cotton ended sciilon higher, i'orelgn exchange was
dull, ThXcw York lank statement showed big Increase tn average and actual
loans, lank clearings thioughont the country this iceck xcerc below thoic
of last u-cek and corresponding week of t!!7, llaltlmore and Ohio Hall
road earning' statement for December and ticclvc months showed big
decreases In mt operating revenues, although the total operating reve
nues ccrc much larger, Tlar silver prices irere unchanged.
Net I
High Low (.'loin ehs.
Alaska (told M. S4 2 2 14
Atnkn Juneau. 3"l ST. 3l 14
Allls-Chnl t;0, 21U 21 3314 l I
Am Hct Sugar 78 77V, 7 14 ,
Am Can .19 .18 38i', ,.
Am C& Fdy Co 7314 13 13 14 ,
Am Int Carp.. :! :,t, ftJii .. ,
Am Col Urn oil. a i S3 31 0i
.Am Hide ft L. I3'4 I3i in't, "ii
' Uo prof ai SSJi .ln',i J-'i
Am lllii'ccd ,. :ni R.i
'Am I.oconi')tlo .1J ."IK'i
Am Hincltlni;. . hi v ns'A
Am Hum Tun.. i)5' j
Am teel Fily. ill',;
Am SiiKnr ... .in; 107
HEAVINESS IN OILS
FEATURE ON CURB
Abandonment of Manipulative
Efforts in Issues Recently
Active and Strong
7T. 1 TRADING LAGS UJN jlajuaij iaxxainvji
Sales in Philadelphia TI,gg PID TRANSIT MOST ACTIVJ
l
s:
tii
fc?
t'' '
K
fc
'
r i&tt
BARNETT OIL & G AS CO.
fPRODUCERREFINER
"" DISTRIBUTOR
t Barnett paid In dividends during
.1916 23co and is now paying nt
therato o( 24 per annum. Semi
Annual Kcport mailed upon re
quest. Morton R. Alexander
.Phllaelphia Slock Exchnnge Bids
' SJ Mllllam HI., N. V. Illy
L IC
"
VTA
Kfifr t
m
K-
?T. ralrtiMl nf fh ofHrM thnvii mnlAn&.i ..f. .
f I, Ftbnurr II, lull, aim ond Immediat.ii
inr Tn miiAwin h-mbi. .. '
"".."'.. -w "" "Win u DDuri
rnornsAm
DErARWIKNT r CITY TRANSIT
CITY IIK rillf.IIKMIIIA
.M Hour. Ilulidinx
, niiaueipnin. janunrx B, Iflll
Pftld prouoaU. ttHdrrnsl to U10 tinder.
lhrex(tf r,
".
l.'
S-.
. ii
lenwntf to the Fmnttford UltfvatM Hathrav
authorised bv Orfllnfien nf r..Mn.n. "'
BS3? .'? ,u'5, Jul7 7' mu- fii
CONTnACT NO. Gil riumblni Innlall..
tlons In BUilon liulldlno i TorrSkffli
CONThACT .VO 04J i:irtrlcl Imlll
tloim In Station llulldlnca at Torreadai:
ATfnu anil nt Tlofn HtrMt. ""T"al
il'lana and Bp-clflcatlona can bo cn at
Room tilt. Hour llulldlnff. and oodUk nr
mm .iH.h t.l.nlt f..n.a ,... yp'm 11,
amc With blank formn for proponala win
CaramllMl to Inln4lnc hldAfr upoh "l'J!
ot t of llO.Oi) (cah or trtln ci.J,"ii ,X.
,ieh art ot vlana. which will bo rtfunded
u. TinwiTi rriurn ii maim
'A'JF lddr must bo klllr1 nnd fiularly t,
?fh a.d,ln tho cl of work bid tSf. " y '"
?f partmant bT fch contractor that ho ifa
fj, "urKl hla liability thrmndr. or aicureU
5 MMnrMon threfrom.
Jt V r.acii 11m iuui im. ncrnmnnilieil bv ft cfr.
K rt7 tim-alr. from. tho. City Solicitor that .
& ttoaal bond in tho aum of rho Hundred
L'k faollara ,'SOft.00) haa bn AIM In ' arSS.
LV, noo with in rnvtlons of an Ordlnonco
pTruvrn ..lay ..). inn'l.
rno nwra ra-rvca tn rlhl tn rJct
NKW TOItK, l'cb. 2.
Tmilliiff on tlio slock cxclmngo today was naturally contracted bo
cniise of tho General disposition to extend speculative commitments prior
to tho public holiday which results from tho observance of Doctor Gar
field's Monday holiday order, and business In many Issues to n great
extent consisted of tho closing up of contractu by tho upeculatlve element
on tho lloor. .
At times there was a good deul of realizing from this nource, causing
bharp reactions, but this relllng was offset by tontlnurd accumulation for
special purpoFes In n number of lsue, and tho manner In which lUiul
iluled HtocUs were nliorbed Indicated that the tltnnUon Is far stronger
than tho Street generally cmnpichcndM. 1
Atli'nnecs were noted In many lcsues, with Marino ptefrrrod bobbing
up l-7i to SOU. and being In Increased demand on tho advance, t.'nlted
States Steel, after selling nt SOU. rose to 0G?i, but lost Its gain In the later
trading.
Thero was an unusual degrco of activity in Heading, which was In
demand all through the two hours of trading, advancing inoro than a
point to 77, but other railroad stocks wcro neglected.
Thero was a -Hi-point advanco In Industrial Alcohol to IIS'.J, and
General Motors fluctuated over .1 range ot about 4 points, with Important
changes at the end of the half day. Central Leather was a strong feature,
advancing to C91;,.
Tho copper stocks were geneially quiet and without lmpnttant
change.
Thero was heavy trading again In the Liberty Issues, but fluctua
tions were narrower than iihual. The 3',is tanged fiom OS.0 to !'S It
and the ts sold at 03.90 to JO.
Hope of Early Peace littles Stock Market
The matket for securities this week has taken one ot Its uncNplainahln
but not unusual swings. Tho tendency Is distinct, to adopt tho lew
of the optimist. Depressing Influences thero are In plenty, but the Wall
street mind has much tho characteristic of a slngle-tracl; road It can
operate only ono way at a time. Hence gloom for tho moment appears
to havo been sidetracked throughout tho entire hystem.
Tho basis for the new optimism Is the cumulative hope one may
hardly call It belief that underneath all the rumors of disaffection
among tho laboring class-CH of tho Central Towers thero Is a movement
that Is entirely substantial. Teacc today Is admitted on nil sides to bo
the ono outstanding "bullish" fe.itute. It means emancipation of finance
nnd business generally from the rcstialnt, the huge war taxes and all the
fetters which aro so necessary If tho war Is to be fought to a successful
,m Trl & Tcl.lOH'j 10KV4
Am Woolen ... 63 14 -lO'll
Anuconna .... ill
Atchison s.1
do pfd si
At (lulf & W 1. 1 in
llald I,oeo Co.. Ol'i
II & O Af),
lleth .Sliel II.. :Hi)i
do pfd loi'Ji
lllilyn I lap Trunin
Hunts llroi . . .Ins
I'an Pan Usui Hill !') -f-t
.N'llW VOUK. l'cb. I.
The Cutb niarl.it generally showed a ,
heaw tone iluilng the day, partly be-'
:M','i 1 '.4 i e-tiisn of the nbandonetnent of ni.tnlpu-
.2 '" j lallMi efforts In somo of the siocks
fl;j" 11 1; 'which bad recently been made active!
03 "4 and strong,
105 ! Houston oil was a prominent feature
mnyfc ;
A 1 "
Hi
10S14 110 214
ni',4 fi I "4
In this rtspect. dropping 4 points lo
45, and oilier oil stocks wcto generally
heavy, with Midwest felling nt 112 to
111 and Hlnelalr Outf fnlllng from 19'4
to 18. ComIcu was f.ilrly well held,
with sales ut 7'.. and 7, and Oklahoma
1 H'h 1-5 I producing nlso thoued a firm tone, sell-
I0J 10i'.4 '.i ' .,. . -,,
HI 40 lln- l,t ' ...
ion Hill I ' Tlin war-order stocks wen- neglected.
-t
fllli
lit
i.-.'i
aay, .1
137U 139 U 2',
J3S 1SSU U
HVi 49 l,i
9! !
2;"i - yH
io'.j. - ,
nn .
OJ'.i -. Ta
am 1
"SI! -.
I) 1 4
IR
U4-
an 14
2K1',
33 n
33 '4
L"H fnttntt ot th ntr.PVhiliSSJSi1 fnr tn conclusion, nut above nil this, ftom the actual market standpoint. Is tho
h. , wim.iam 8. Twrvi.vo. psychological Influence which peace w
m
i
nirrctor.
ANNtTAI. MKITTINflS , I
IK3P PKNN PI'IIMC HKRVICK COJ1PANY
allte of Annnnl Jlrtttnc ot '
piorKiionifr
rhlladolnhlo. r t)j.rmbfr l.v inn.
- ,Tn Annual .Mr-una or Htockholdrra of
lfc fhPenn Public Barvleo Company will ho
f nui on ino loin uiy or rebmry, I01S.
S, at l.-oo o'clock p. m , at the nmco of tho
ii. f"omiwny, rtoom ST.. Ileal Katato Tnint
V-' rtuumnv. in ino illy or rnua,14lpn'af P.I.,
f$., for tho purnoa of rlfctlnir a Hoard of III
M' rtora, rntlnc upon the nrnpoaltlnn of In.
S? rrain 1110 autnorixci imlfblcdnffla or lh
""j?" Company. otln upon the propnltlnn of
ft nthnrlT,nr an liic of this Company's
(J)
19
horttrm noUn nd rriirlnir the Mm bv
mairiin, ny pitcivv 01 coiiAienu. or oy n
morttntK wron ot of tb proprtlf nf thin
Cftmmvy nov owtiM or to l ircftr
itrqulrd. nnd th nal of nald not", and
tinnn th firnnnilMnn nf Innraaalna U ..
r int irniiarriinn ri mifn 'inur
1 may come before th mcetlnr.
?-. a. tvoor.
AaiUUnt f crt a rr.
linon tr6 TrrnonfllHnn of lnrratn thai an.
V horuwS rjipltal (ock of this Ompinr and
F'5 fer the trnntnetton rf Fh -th;r business
Lv B"
m.
R-iiV
W'.
pirkctobv or ArrnrNTAXTs
f f.tlBwl Tublle Affoiintnnla
Wi
Is. uwiikmh k. nnnwN a ret.
F.P' tniR IIV.Ar. VBT,1V' TintuT u, r.n
. 'com-ortATio.v DiurtTi:r accounts
fi? 1T A TT TI-V A T-vril mTTn tin
S- t
If: CLOGS STEEL TRADE
,
?-ft n.LJ'i! r-. -. -.
yx u-onuujons continue i ar j? rom
PAS- Satisfactory Labor Situa-
T 1' tion in Bad Wav
Vi
NKW YOniv. I.VI1
irKTT ' --. -. :
Kffij ? Kteel trado conditions aro still far
Bf.tfrj.nBm Eausiaciory. 111 uct. In romo
'ouartera It Is rcnorlcit that il. tii.niin,,
ifhM irrown slightly worse than It was
iir;iitlr.e ,o last ttvr weeks.
Li it tVS.TUC la ,tiln In n vn. .... . ....
KrfSAj V, "' "- . w I...MV VAICIIi lu iim
K'j6jf.?eston on tho railroad which has
fciTCpsved ri'.lls In many sections of the
t--jf ttiitr-. Eastern planis have, been fac
,t!?T, l,l! tsjngestlon for omo months, but
4 -Tcport rceitvcd hero from the Mlddla
rf-;i.West.ott that tho mills In that section
y AUfpvfr confronted wtth this unfa-or-jjjB.ftblefaetor
nt present.
vH,S?i,P110 ",0 iaD"' situation Is still In
iWp ???) vrayi' u lB ta,d bl" 'omo of tho
!;!W1t;et steel trade authorities that oner.
i-,1l',,0,'u,.a many plants could be Increased
J3K".!Urt PoIbIo to move out the prod-
'hU or' Mnr In the raw materials
I T TV? WKh a"y aeree'ot regularity.
&"'l'.'i.",'l,rbbMHe that the operations of
"8, entire Industry aV present, are nj
. Ntterthan to per cent of normal for
M frmpl .facilities. r. en this, percentage
' Ift.odnsldered ramnrkal.l I..- .1.. .1-
jrft . tHWutaiices t this, time, but In thla
'bWJM planl doing Ooyernment work
rtinnlng .-a hlih as possible and this
l-lbroupM yp the porcentage.
Vto- -' " - -. ww..,6 .?,icr man
. 'J??fm "' "ormi.1. It Is'malntalned.
WWJtnls. .of eeuraa. (a raflaci.i i ,h.
WIIBiaVallabio for re-utar mn.i,.,.
S 8f.f'l0ar0 spelled to wait longer
li. thr .requlrei.ienta,- first becaues of
n Mm lowjoperatlnirrjitlo. and second be-
eww m ,tie'coneWn' of freight In atl
leadbat -celitera, " . .' w.
'Qrnmerit byylnr.of j'teel; continues
w w pwfv.ic m' enipnrtent for
sr purpwevore 'recelv;p,th9 atten-
oinuao, nanunn IU9 rallroade,
Hy -.befn ":lven lo-" Ion' nmjiit.
kWek rJ neeiedvforr.iHe' prosecution
iW rtfJirlJcU" Builrt'soroa cae,thee'
HMaviBise iBt pej!lnterfr4
K4ttt UiM fact H o)atl to .by'el
Sk'tuirt4tr''t.. aA.iA.ii LJ 'm
. f.-,.w ,... P.IWWWICW Q(
l.taii,.tb'.rllroil.1
of fueJUi frit.br Yirtually Tui
. vBv4ho havln their own
1 found Itvd Iflloult - ta . ken
pnia uiHltLYltht'lU''1e,nt coa.
kMD Jolnc -'and virtual! v no
retf fal hv'fcn;sccumulAted
ie varar.i. -' V . t . w
r the protraction of shtp ptales
interfered wfth. a' nailer;
MI munr preacit r in
llu owput ) sot wbt tt
wbM. arm mmm N
immm !
JM
HI exert upon tho people as a whole.
It will result In a cheerfulness, a confidence, a deslro to embark In
now; enterprise nnd to Jump at one bound from tho slough of despond to
normal and buoyant conditions, r-'ontlment plays such an Important rolo
In Wall street conditions that the lnovltablo rebound fiom the war de
pression, In tho view ot most experienced banking nnd oilier Interests,
will bo on n remarkable scale.
Italian Situation an Influence
This .view may bo regarded as explaining adequatelj the f.noiing
Inspiration drawn from tho week's developments abroad. Tho Italian
victories may, of course, accord with tho theory that the wintry weather
1 has cut off the supplies of tho Austrians, nnd that Willi the return of
spring another drive of the latter may quickly ictracc lost ground.
Nevertheless, developments In this dliectlon aic mciely following out
predictions made by tho Italian authorities.
We nro now nt midwinter, when major military operations must wait
upon tho weather. It Is tho npproptlate tlmo for negotiations, which,
however, should be brought to a head within tho net four or six weeks.
Labor Disorder in Germany Interests Street
On this account the labor uprisings In Germany and Austria me
nttiactiug attention as representing developments that can bo connected
logically with the hopes for the only kind of a peace which Is possible,
namely, tho defeat of tho Ccntial Powers. Tho openness of the homo
criticism of the German Government Is considered ono of the most sig
nificant Items of the week's news that has come by cable, since It must
be accepted as direct evidence of tho growth of popular power nnd the
recognition by the military government that tho time has arrived for
making concessions. This obviously Is a first step of n practical charac
ter toward a condition of democracy which will operate a long way In
tho dlrctlon of bringing about a basis for peace.
The German people havo recently been buoyed up with a hope of an
Cent iH-allier.. ;Ti, nVi H4 !"
Cli.ind Motor. Sl'4 HI ',4 M4 M
'lies & Ohio... 3ij r.aii .13
I'SIftHtl'... I314 13 43V4 H- .4
do pref ; 7.1 7.1 Ji
CKU-ril'.. SO' 20 2fl4..
do 7 p r pf t u n.i'ji asy 03 . .
Chile Copper.. 17 liili, 17
Clilno Con Cop 44 ti I3H ll'i t V
Col l'tlvl X. Iron .1!4 3Kj :is4 - '.'-
Col Has & i:ico 31 3314 33'i
Com I'md R3U ' 3.1";
do pref 91 nip, HI -
ICiuelblo Steil. SS :,- :.s
Cuba Cnno Hug .1P.6 3li :il,4
lie) ,v 1 lllllxonl 1 1 111 in
home Mlnei. .. !
Distill .Securities 4 Hi 39 41',i -, Hi
Krlo I.V.4 1.1 Ji 1.1" V
Caston-WIII'ms 3.1
i.'cu i:iec Co. 13914
(ten Motors . ..13"i
Goodrich 11 1. 19
(It North pref. it J
(it Nor Ore sub 21
Inspiration Cop 40'
Inter-Cons C pf i,iis
Int Mcr Mar.. 3.114
do pref dr.)
lnternl I'.ipei-.. 31 !4
Int Nkkel 2S14
Kennecott Cop. 33 Ki
l.:ifk Steel .... 7J!4
I.hlRli Vnlky . f.9
Max Motor . . . 2
ilex 1'atrol . . . Ii.'l'i
Miami Con Cpr :nv
Mldvalp Steel. . 1.1
Missouri P.irlflc 2i'4
Mont l'ower... 7!
Nat Kna & Sip I IT;
New Yoik Cent 7 l"t
X V X II it II. an 14
Northern l'ac... sii'i
Ohio (las .... ::i
IVnna 1: It. . . . in;;
I'm Gas & C. . .13
J'ltts .t West. . 27'4
do pief 1;;
Pitts Coal .... 47T
I'H'Sed SI I C. C3
llv Stl Spring. .13
Heading ',
Jtep 1 s .... ;;');
S.Hltllelll I'.K'. HIJj
Sinclair Oil. . . HIT,
Southern il 11. 21
1I0 pref . . . tin
Studebaker .. SIT,
Stl: Motors.. ISU
Tenn I'al'itl 17
Texas Co liin-T. 1.111'j 1 tin 14 .Tj
Tobacco nod. . fl.ia;, ,1."i( .1.1'i 1;
Cnlon Pacific.. 1114 1 IB 110 'i
United Clg Sirs ti'ili (M-fi nnv, -r 14
1,'nlteil b'rult.. .127 14614 1 2 -J - Oi
r S Ind Alcoh.l2HH 12.1 12;
i; S 1 lubber .. .is'i .1:14 .is
V S Steel . . . tni-'t IMS", (HPJ4
do pref . . Ill4 lll'i 1 1 1 1 j
S4U S3i)', SI?',
I 12 1 1
4 1 ',4 4 1 ' i 1 1 14
II 12 42
II) IH',4 1S
only 11 few of those Issues being trailed
In. Aetna i:plnslrii talieu 10 snow
nnv rnlhlnc tendency, selling nt C
14 and G'j. and tlitre .is little business
4 III Curtlss Aeroplane nt JO. Submarine
a I Ilont sold nt Ji'j.
I Motor slocks nbo showed a decreaed
deiqaml, with Cliexrolct ranging from
122 to 11. Culled ilotors sold nt 2."r
, and 25' and Smith Motor yielded to
f1 I Mining slinks were dull and without
" ippKi-l.il feature. Ills I.edge sold nt l'i
'' Interest lotillnued to be nllni-lieil to
1 tho sller stoil.s, becauo of persistent
erfoit to find new pioductlon, wh'ih has
so far been without icsult. Some of
tho low-priced Issues In this group weie
forced Into activity, but tho trading In
them was nitlflclal nnd without Im
portance. iMit'yriu.w.s
Net
Utah Low CIoo thae.
Am Ga ts-1 ..
3 Cam Iron 40U 4014 40'.' J4
10(1 (J M&Stl' 414 4214 4314 H
nnKica Stor so 4ui ft" '
7 G Asp pf 49To 4H 49j; '
lOInsGXA 2(1'4 3!4 SM4 .
43.1 1.k Sup G II 13IJ, II
1 I.eh Nav. (1.1 03 1 l
l.eh Val t'19!i ..
loMinehlll,. .1114 -" I ', Cr 3l'i
133 l'enna lltl in4 in 4(1 !4 .
in I'hlla Co. 2rt 2(1 2fl
112 Phlla lllc 3.1"i 3,1',4 2nl
n.10 l 11 T t c 2S 2S 2S
aiollenillng.. 77 7.114 77 1
Ton Mill. ,. ..
I'll Trno ft 1 11
37 IT (1 t .. 0911 8914 (1914 11
20H.1 1' S Steel D0"4 00 0ni
War JRS .. .. tMi
SW .t & S 41 12 41
WCratni 714
Quotation given Is yesterday's close.
Totnl anlaa, 4037 almres. romnareil with
I2.I,IHI -liiirf. )cl"nlij lhl neck, IB..i.i
nliaioi blot week, 23.VM ahuri.
IIIIMI1 Nct
It lull Low Cioo rhac.
$.100 Am Gas
& Kits S3 S3 ! l
1000 Kl & l'cop
Tr 4s.. 73 73 13
300 l.lb Ilonds
3 lis.. 118 OS US .20
10.10 do 4. DO 9,1.90 9.1.90 .39
loo Nut l'ro
4-Cs... I! 43 I! 3
,-,nno phlla Kl?d
1st s. 0S1i H'l'.i 9.1'i .
10(10 l'.eiilllUK
gen Is, 8114 HI 14 "!'
Baltimore and Ohio Railroad's Net Revenue for Mil
Below 1916, Although uperaung itums Are"
Greater West Fenn iNotes ooiu
llapld Transit trust cert fleates
showed morn activity during todas
short scslon on the Philadelphia e.x-
I change than they bafo during nn
i i,.mi .. .nmo time. nnd. whIHi tlieir
price lemalned unchanged nt '.8, tho
wero the market leader so Mr as local
shares were concerned, l.ako Superior
Corporation, which has shown much
momentum lately, did llttlo today, but
closed at yesterday's closo after being
fractionally lower and changes In
tho prices for other homo stocks 'were
generally unintcicstlng.
pany's stockholders concerning opixy
lion to tne rnimcniiun oy mo atockjl
holders of tho proposed leasing ajretJ
inent with the city brought out repilfil
I ml ten 1 1 ni! that holders of tnanv ImJ
nortiint blocks of (ho Stock have nlieailaP
placed their proxies with tho Votlt;
trusites 111 apj'iumi wi n ivnra, Mf
The (iirnlngs of tho llaltlmore. cnjl
Ohio Ilaliroau lor imnnwr aim u,j
cne 1917. which Cdtiie out today, shotf J
that, Mhlle there was n fair lucrcaaij
for the month In opeiatltig reumii'
ner December. 191B. larger e.x penes' t,::
stnm iinttcrv lost a half, but later suited In a Pig ueorenso in u,0 ,
covered half the loss; Cnlted Gas leicnue rrom opcrnuons, ami u ,tn,
Luulru ii.tii iii ua . - .. ... rtll ,..,, eliou-M In tho no-urna -.
twelvo months.
I comber operating
$10,008,030, a gain of $350,7(3, nnd the'
net revenue $1,831,931, a decrease (
$1,104,719. l'or twelvo months ft,'
operating levenue totaled $133,013,321,'
gain of $11,819,178, while tho net dj
cieaed $3,424,581 to $30,B89,ins. tja
The West ruin l'ower -ompanj- hi;
Comnanv wire uncbanced, Heading nil
lanced a llttlo on sales of two blocks
early In the session, and closed a point
higher nt 77. Sir Paul lelded a half.
Steel common declined affr selling
nt last night's closing quotation, but
was unchanged nt the end,
1ol.il .il-. S1O.I70. inmpirril with
ion rlmlM this week, VMO.IOIII 1"'
ncrk, S.'I3,210.
Local Hid and Asked
Aetna Kxplnilirs . . .
Am-llilllsh Mfg
Am Marconi
Atner Wrjllng Paper.
Air Keductlon
Canadian Car -"o
Can Car & l'dy pief.
Charcoal Iron
V.1,1
is ',4
3
14
!4
CI
2.1
. 1211
.10
SHU
Kill
31
1,1
411,
7 1 14
211 la
sm;
SH 14
in
.in;
271,
117
17 11
1.3
.12 a,
7.1,,
77',
HI'.,
33 ,
tali
i,n
.in;
10 1. j
oi
:i;
HII
'( Chevrolet Motors
'i Cinmp
4 curtlss Aeioplnnc
Cnmen Toed
14 ' r.ineraoii Phonograph 3
I'Vderal I've
Ilenden Mfg
Inter-I.uho . ..
K'atbodlon llronro pf.
l.uko Torpedo Doat . .
Lehigh Coal Sales. . .
Lima Loio
Mnxlm Muni
Mnrlln Arms
X Y Shlpbulkl
in; i x ,v Pap Pulp
3714 ',,()tls LIeator
r.7 '4 1 Peerless Motor
471, t pote l'ng
3 i, p.edden Truck
f.:i', "4 Serlnns llootl
S S K'resgn w I
Stand Motors
Steil Al!o.s
Submarine
SI. Joseph Lead. . . .
Todd Sblpblllld .
Triangle l'llm . . .
I'll Piollt Sh.ir
I' S Stcnmshlii
I'ulteil Motors .
I'nlted Sugar ...
World's l'llm
Wilght Martin Ah..
'.Ino Concent
STAXIIAIIII (HI. STOCKS
2su
93',',
31
1.1
S3 14
7114
ll'a
7l')i
311 '..
HII i
39
tli
7o; -t-
Ills 1,
HI'S - '),
37IJ, - I';
23, ;
1,0
I'.
SIP'i
s
111
I
70
39
214
3 .
in
13
70
9
II
I3'l
In''.
71
i.
'4
t''i
2.1'i
30
Yt'S. i hie I
A-U lsl-) Anier Mores
lis', 0; I trill J II
. ! ' ll'llt . U'll l c...
' I do rif
3'Ja .. llalilnln loco
;t J4 1 Ulntrlu Mor.ise ...
.. Ucncral Anihiill ...
' '; do pref
2H 2? ' Kitstonn Tol
.IS 1 do t c
1 I.nk.i Hup Corp....
I.. Iilirli .mi
I..hlli Valley ....
P. 1111.1 It H
Phlla lllcc
I'illi r
do it p c pr.f.. ..
I' 11 T tr urs
llejitlliu
'U,ti'Ph 11,-lnP'lil. . .
Tpnupah Mlnliu. . . .
I nlon 'Cr.ullou ....
r 11 1
P ,s Sid
York lty
du pref
IVm Cr'inui t Hon.
(,0
K
123
S.I
3014
9
Ii;
1.1
2.1
.1
130 ,
j:i'!i
Twlsy Yestenhiy
111.1 Ask llld A'k
an . . "1
i; an 17 -'
,-,s t.o .is 1.0
Id is HI is
3'i ut .a'l m
4ni r.ii'i i' '. "
11 13 It '
411 ;,n n c"
s'j !l slj 11
r.i :.s r.i -s,
11 ii'. 11. it'
ll Pi 111 tul'j '.,
r.s, r.u't r,' '';
, H,, III III',
i.l'j i.T 2.'i -'., 1
ST, S'J'j STi S'.'.
an at ru :,1
'. 2s 2.', Ss'a
';;:; 'h, :;;: f.
M 1.1,'. t.'i'. '';.
list, ps, mis no'.
ll'i 1(1 ll' "I
31 32 31 !K
7.1 7.-.'- T.I .'j
sold $1,300,000 two-year 7 ""her c;nl)
.....d ,l,t l.vliriinci- 1. 1920. to n afnini
was unchanged nt the enu, nun-. - ....-..., -. -- . - :''
Liberty llouds continued to show cato rompocd of A. 11. Leach fc Co
trength. although they wcro only spar- Halrcy S u.rt & Co. an. the ContnjBS
ii.. . t. 1.. tni aim Loinmni'im .uuihh d.wik ati
IiKHilr'y In the Slieetns tr. the attitude Chicago. Notes nro being offend j-l
of Philadelphia llapld Transit Coin. 1 9S.Cu to yield ,,80 per cent. y4
ANTI-PRICE FIXING BETTER SHIPMENTS J
TALK HELPS COTTON , STEADY GRAIN PITS
J 1 Larger Supply Results in Re
cessions After Start, but
Recoveries Follow
cotton iiixt ii:Tiii:r. iomiitioxs
NIAV KIltK, I'eb. 2. Unlit srntlfrfil
prrrlpllntlon l reported In the cotlon belt
this morning. The follow Inc Irmpfrntlires
verc rrnirilrdl Okliiliomu. I(l Ahllen-. I81
Meinphla, sn Anlnnlo und I.llllf Rock.
211 (orpus ( hrUtl. 2Si Mireirnort anil
Vtikalmrr, 30i KiiomIIIc and Ullnilnatnn.
Hll .llrrliflnii. 30i ( harleslon, 38: Ansasln,
40i llaron. 41l AI'nnlH. Ill MonUomerj.
40t Jiirkxtnillle. 18: Thoniaaillle. .lot New
(Irlruns 11 ml IVnsuiohi. .12) Tpinpa. 61.
Cash Situation in Both Ccrealj
Firm Big Demand From jl
Europe .
131
I
N11W YOP.U". l'cb.
good recoery In
the
so
1:
3
1.1
17
70
11
1.1
914
13
171',
73
ii:;
Theie was
cotton market today which was brought
boiit by I'nlted States Senator Hoke
Smith's stand against prlcc-ll.xlng ex
pectations, and that Monday next, prob-
1XACTIVB PIIILA. STOCKS lubly. would be the Mast Ilrcless Monday,
stocks listed on the Philadelphia Stock wth Its consequent broadinln of con
exchange and In which tturo were n0 1 hlmnt011 f domestic mills nnd Im
transactions today. The price Cli in 1 1 ,,. i,imiinl. conditions.
,.-ntlf. .. nrn nltofnllnim Tor lnaCUIB .I"""-" - ..
the last piewous close:
Am Oas War
Alllanco In-
' Amer Mill
..nnv in-i.T vi:ATiu:n roniic.mTt;:
( HICAdO. l'rb. 2. Illlnol-r-;wK
tlrd loiilitlit nnd .sunila. wunnrr tonUbt,Ki I
lolder Mind.ij. .,,...,. , il
JIIMurl I nscltldl tonlilit nnd Hna.35
du). warmer tonlsht. colder Sunil.i nttn'U
.. ... ...! ..ml u .., . I.
1. ...... Ill ,M t...u . -. . .!W I
HlMonsIn -I n-cttleil wenlher tonUMfij
nnd stmnnt. warnirr lu.i.a,., ... .miiii apa w,
irnlral. lolder Miiniuiy. ec
Ihuic-nU Snow tonltht, rolilrr l
we.t. (older Minduj. .M
in.... I'nh-lllcd tnnlaht nml Sunaayjv
warmer tonlclit In eat anil outh. roWni;
"'"''': .... .. ...1 ..,., iM
.lrill If.lKOII.- -..,. .,, .n.u,. ,vin.
Siinua, loliler ill annul.
"W,
114
IP
.,J
.10
ss
There was active, profit-taking on the
rise, which caused a setback fiom the
top, but Ilnal quotations wero we'll nboic
I
Amir Itwy
Ain-r liny pf
Atncr Sltre, .. .12
Amr Mercs pf. PJ
I llrlll J ll IS
Hull A. Sui'i t c f.s
Hurt & Mlq pf. I'l
Cambria Iron.. 41
('.nil M.el ... 12.1
, '.ltut"Hd lot pf r,s
Con Irno N J., m'i
1-n Anphalt ... 14',
lit & II T 10
. t.-l.H1 Tl.. vAliitlSi ll!
i;ix,rm w 1 7 J'-"-' "..""' "."' -'-,":-;::;,
I. Nnv 24 rt pf 13
l,eli .Mv risii.n . .,
(full pni'W - . '! '
ihNavwrwi .... . . ...... ...... ,-,i
lit llios 21 1 oxpresseq inni Minimis n.m l'i""'"-"
l!ltla Sehuilklll si , themselves with spot or coutiacts for a
North Cent '' 1 ,.t..i.i ,.r.T.n.i rtti.l ,. ..v.. iinw In n
Sorlh IVnn. .. S3 i iiii-iuti..,.,.- ,.r.... ..
i-a Salt Mf hi, position to ccaso purchasing.
1-enn Trufii' . ; prominent loom traders, some com-
Phiu Co pf :i' ' mission hotj.eB and uptown Intere-ts
PUT.. ....... so weio nctho buer.( ot March. May nnd
Phlla Trillion. 71'. I jutv. while npciators usually acting for
!'".'.". "'" ' ... I , 1 ' ,., ,,( innl: several lhoil-
lon l'ci . ...... - - .-. --
0 3.1 .. lit is 11 TiVref! 17 l'n Ces of s J ll'n 8, nd bales of October at tho opening,
n; 14 14 Koatoro Tel.. 5li J' s, "!"!"'" ''-c. The selling was for tho nccount of
0'i. 7 ! I iJelMs'sr! 17'i York Uwy :... Mi southern Inteusts and Wall street, with
1 2 .. 1 i,cii vut Tr.... so Y01U Ilwy wcf. 32 one ,. lWo spot houses also supplj Ing
3
-. '
1
l.eh Val Tr pf. ST'.i
, I'tah Copjier . .
1 Va Car ('hem .
! Westlngh .Mfg.
I White Motors.
IWIIIys-Oiet...
Illinois
,Ohio
Prairie Pipe
Stand Oil of Calif.
Stand OH of N .1 . .
Stand Oil of N Y. .
.190
.31.1
.2.11
.2.11
..in.l
.28.1
l'l.l
33H
20.1
237
.170
288
the various months
. After the call, the supply Increased
Ar,, Vni'h Umul Snips an,x I'lll'ln '" minutes lecesslons of
iVCttV I Ol K OOIIU Olim j from 5 to 10 points wero recorded, but
I ill" lour ruiuuiui 4 i uiur tr-iiiij arm
Harnett Oil & Gas
1 Tntnl Ml". 31 1. SMI shares, cninparrd with Cosden & Co
9.18,100 .harrs seslenlu)! I'lla wcrk, 3.283,- i;ilc llaslll
ini) .huresi list werk. I.8.II.UO0 shnrrs. i',lernl Oil . . , . .
Inter Petnd
; I)IVI1)KXj)S DECI.AHKI)
ixi)i:pi:nih:nt oil stocks
i'l
t-cotll XIti uf.ictiirlni Compnni. pi"iiii
I rstra niontiily of 13 a share, pojable
Pchruarv 1.
Amerlc.111 1 Imlo'v (llns? Conipinc. re?.
(liar p-ml'innuit of 3'i ir ccrd on preferic.l
' p.iynl.Ii- tarih 1 lo slock of ricor.t l.b
I ru.ir is.
HAK SILVKIJ
i.nt mis
Today Yea. Sal, Itlch Ikit
v. Y (, inl). sn si! si'S nni. sn. I
nion (pencci -a- ij-i
Houston Oil ....
Merrltt Oil
Midwest Oil ...,
Met Petrol
Ohio 1'uel
Oklahoma lief .,
lllcc Oil
Sapulpa lief ...
Sequoyah
Sinclair
Culled West oil
I
nil
11 '4
2?a
13
III
2.114
12?;.
4914
inch
(301011 Alialn-1'rench 3. SJ?
Slnllil Am roretiiii Sec r.a ll'
I , Mil Smelt .s. Ile( ,,s ss a
MhiO Annmir Co 4',h.. sP,
I iniiuo Atihlaon wn In.. s,.
l.iiitio 11.111, (J e i' "
70110 lleth Sl 1st .Is 3l SO',
Winn llrouk II Tr ." 11US inl't
lMiHM Itnril.'nnx lis . . Ml ,
10IIO Indiana Steel ."is HII'.
111,10 lown C nluil (1. I
.111011 Inlrh K T rcf .m HI
.III
n
', i:
113
1
17
1 l.on.l
1.1'j
4JI J I .11 IN I. "SH
Alaska Stand . . . .
.. H'.i
.. -is
. . 30
... ff 1 .
STOCKS
11-31
S!l,
Ss'j
SI'l
SI".
7s'i
su'a
1x1'.
ss',
l'U
II
SI
s,. 1
i.7;
M'
The lecilpts at the ports for tho
day nro estimated at 11.000 bales, com-
sitlrared with 13,3il hales a week ago,
""!, 1 mid 19,999 bales a year ago.
in.'. etirdiv'a
Sil
P0i,
M
l.l(io InKr Mvr Mnr 1." j l'J.. !!J,
sunn Kan cay o .... ...'? :'. i:
VMM Kim City T 1st I" ;, l:', C
llliio Ijilm Mm Cfll TfSH T.jH ;.7. ,',,.
1I0IHIO Libert, lloii(l 14 98.30 H.I I J s.jjo
0I.0IMHI do l Ml .1.03 .1.9!
11001 du ll Is ... 1'O.CO IHI..10 KS..10
11,10 .iianndiiHii ri.i in ".. , ". I
Mn rill .
May ..
.luly
(iciohor
Spot .
1 loso
S'l.PS
211.31
SS.llll
S7..K1
31.33
Opn Utah
30 17 3H3.1
SH 01 SO. S3
SO 13 S'1.311
S7.73 S7.K.S
Low
30.17
S9.33
SI' lis
Close
nn.s.i
Slt.llS
S'l.Sll
27 SS
CLOSIXG LIVK-STOCK PRICES
CII1CAOO. Pel) 2. UOUS Ueeelpta. SO
000 head. Mondi, 42.000 Acllvp nnd
mux
early pcaco to follow a separate treaty with the Russian Ilolshovlkl. The INACTIVE NEW YORK STOCKS A,!la,T' ', ' '
terms which their Goiernment published, namely, no annexations nnd I Following arc quotations for Inactive . mHi,P0 Cop (ii piosl. .
no Indemnities, wire considered terms that would mean a lasting peace. New ion; sioci.s anu in wnicn there I Hutto Cop & zinc
Thus hopes wcro raised to tho highest pitch, only to bo dashed to the
ground by lrrcfutablo evldcnco of tho Insincerity and duplicity ot their
negotiators at Ilrcst-Lltovsk. No annexations, from tho German stand
point, meant that tho IJaltlc pio lures and other valuable territory of
llussla were to bo occupied Indefinitely nnd wcro to become to nil prac
tical pui poses a part of the German empire; In other words, no annexa
tions for the Allies and no Indemnities to be paid by Germany.
Austrian People Want to Be Satisfied N
sKven German opinion could not stand for this kind of ngeotlation and
It was seen that tho Ilolshevlk icpresentatlvcs had ample Justification for
breaking off negotiations. Fiuthcrmorn, Austria did not seo where Its
intercuts were being served by cairylng on the war for such purposes.
These Baltla provinces ncro not to bo participated In by Austria. Tho
Austrian Foreign Minister, Count Czernln, In an apparently sincere
speech, declared unequivocally that Austria did not wish cither land or
money from Russia. Thus a distinct lino of demarcation exists between
Austria nnd Germany on tho Russian situation, and It Is considered In
Wall street that this division represents one of tho most Important fac
tors which may contribute to peace negotiations In tho near future.
Sec Improvement in Business Control
Another factor responsible for the admittedly better feeling In Wall
street circles is the belief that improvement Is In sight in connection
with tho control- that Is being so widely exercised over business by
Washington. I3y this Is meant that thero will not be In the futuro tho
samo degree of determination to hold down profits of manufacturing
plants by the system of fixed prices. This is another thing thnt Is
psychological rather than definitely practical, for it would be difficult
to place tho finger upon many specific Indications of a. reversal of policy.
As a matter ot fact. If wo look frankly at business conditions throughout
our country, there Is no Important' department, aside from farming In
terests, which Is not arbitrarily controlled cither In whole or In part by
"Washington.
Railroads, as la well known, have been taken over bodily, nnd now
.announcement Is made of an equally dcflnlto control of all shipping In
American waters. This control Is to be exercised by a committee headed
by J, A. 8. Franklin, president of the International arercantlle Marino
Company, with the cooperation of II. II. Raymond, recently appointed
shipping controller at tho port of New York, and of Sir Connor Guthrie,
l-oprcsentativo of the Allied chartering executive in the United States,
ivhd Is also In charge of Allied shipping on this side of tho Atlantic.
jjThus we have all transportation facilities directly under tho control of
,the Government, and in the long- run transportation Is, of course, the
prime 'factor in' trado and industry of all classes.
Then Iron and steel, copper, coal, bol, foodstuffs, petroleum and
all largo lines of mcrchandlso aro subject to Washington dictation
everything hut labor, which apparently still beyond tho bounds' of
.control.
I were no transactions today The. price Hutte N V
1 gien Is the last prcilous sale:
C!cltl3.l,c",:lJ,':w1'u3can:. I .11 anuiiiu .
Hilams Kipresa.llS Nat IiUcult pr 101 .Con Ariz
Ailane Hum.. . !' Nat ctoaic . St. 59, , I Kninta Consul ...
Mliapco Hum pf JM'i Nat nu t 8 or 1110,4 ',,.,., v'nnnl ..
Alax llubbT... .' Xat Con it Chi. l.l'l '.",.,, J.
Ani Atrl Chem. 77., Nat nn . bt pf ml ' floldflehl Merger .
Sl( .Vat Lead .... 4.1
Am Can. r.ref " ."sat IrfaiJ .....4.1 , (ioldlli'ld Cons
! Am Ui:nV: . '. is'i XV WnG is, , Goldtleld I'lorc nco .
I Am "Malt .... ' N O Tx Ilex so (Inldflcid Kewnnas
Am Malt pref.. 5J X Y Dock , . ipj iircP11 Monster ...
Am smit pi. . 101 i x rt it :.: im rf in l ,' ,,,.,i,.
Am smelt pf A iMd, X It It M sd pf r.o'i . Ilecla Mining
Am Smelt 11... no Xorf it South.. 21"; I Howe Sound
Am Siiiar pf .tl'il Norf . t,.tnTit I ip.iccn.lenee lead
Am Sumatra pf I'.l Xorf t Went pf 7N', 1 miiepenueni e ,.t.io
Am Tohacco ..Inn'! Xorth Amer ... 44VJ .Jerome erdo
Am Tnl, j.e n-,v Kit X.oa Scotia Sll OS 'j, Duller
Am T A Cable. B1 Ohio Claa rcls.. 01 1 .u fvlonulnn
Am Tl Tel. .10.1 Ontario siiicr.. 41, ' aumbo l.xtension . .
ni 1 i. T 3d pr J'g (jwema not . . in 1 .oeuiuiey-i mi iubh
Am Cnnl nr.f . Hw,"! Hot nf lOS
Am Writ Pan of 21 Paotflo Mall ... 244
Am Zinc i. Lead Pan-Am Pet pf, yj
n..l . 4,t. Pan.Am 1 m-li.r
Magma Copper
Mother Lode
Mines Co of Anieilca,
Am n a lit pf Kl r":t ri ,: tf3., XctaiU Hills ...
Alio (III ....;. 51l4 Peer a & Ileal, (t'4 :. , i!. ,
All 1 lilrm Atl H'J P'l.e Marouette; 12', Neuida bonder
At Coa,t I.ln. MM, i, "" V'"" vroi ;; LI HO copper .
llald 1,000 prof. OH Ul'rrc,V'irL".w, ?,1W I NTnlsHlnir
Halt Jit Ohio of r.-.'t P C C t St I... 1,0 I .siP'SSlllb
!.. co pV IiSii ' Kv.bsSfrSffJ,,-1!!iS ' Ua' ""'
llatortlas Mln.. I 8j.Si,'8Kn7V S?v 1 Sail Toy .... ,
1 uMeVick"?. I : : ?ui I!' J S .wet 3 .. I Stew art
C". n en an' L'"' uAui, ?.' Cnlted Virdo
0
Kit iE h"; .i5t . S't V 5 P pf ,-iH wr,' V"'1 Cnn
Cent S Am T. .HSH s L S IV "i ' White Caps . . . .
r'f'( A&nr- -su. S" .!"'.: "'i Veilngto
' a, Alton v.-i?i Henlward A 1.
5-S i . WJ 13ci SealKisrd K I. pf 'i
Cil f 5.' w' n H'ara-noebui k, 1.14',
r.hli,Ta.1 S ."' .?. H.ara.lio, of.'.. lis'
I' R I ft I1 I C. ill Ul...l.l.nl, .-I- ..,
el,;ii.nki. . tin !: "'".. . " ':
- """". v ."., iiioM-niiit
9
1U
S'.l
,'
IT.
3Tl
31i
3
GO
17
31
40
2.1
111
at
li
. )',
. 8"
. 414
. 11
. l?i
3-33
. 37
, 80
,".
. 9
1.1
10
l'i
'h
Rli
1
l'i
'.1 iiiiiii ii .1 r. nil's us .... n-j i-jb . - , . hiabi 1 riiirnatt iciii ir. x it -.. 11 11 :.ii nni
Hi'. 1 Soon I'hllo Comr 7..lll(' I"'!. ' "'N ' f .-,.7,li III 4(1. Illlsed. 113 pllH1 .-..1: heair.
",',' nsni Ch's (i v Pa" ; I'" " S 1 I3.imHi ut, ioiikIi f 13 untf HI.1U; good to
'1 ltilllill do ion, 3s ... 'S ';' ';, I choice, heaiy, $1(1.3341 II! CO.
17T :i3ii(ni e 11 1 i Joint 4 Pi's t'.'; '3' ' cxttm: lleielpta. i, ) head Steady to
I,.;" .10011 Chi Ind Wesl.is MI'i :'la ;'i , ahnilo tower Top. 111.13.
. I SJdnn CM (s MP rfd I'l a ,, ', l'.' SIIP.PP Itecolpls. .-.OHO hi ml Slciidy.
I I, .1.. ... lln 71'. .I'll ll'i. rn Clr.O l..tl.a .nn UT V.
,. 11 I JC I. rf.l 4 (III1. ((,, (.0
110XIIS
rietb 3h
Cosden OH in
.... anw ..--.... ,. . -
1 01 nouin... nn South Ilwy prof Bill ' osoeu o in.
Col L So let nf 47. ak n na...V. 'ji'4 r,..t... r.u
So M rf. 42 Stand Mllllns it S1U ,..., ,... k!,L"
Tab Hee. 27 Htudehakr pf.. t" j JJ" l'os J'B
I II I. & P DO K,,n Ht( q. I Una r.nv G1..M .
mlcal,.lR1 'win rnv it t. m'i
Clsar., nn'i Trnu.1Vm.. 39
r pref. ', JJnderwoo.l Tpw U0
1 n Ppf.ino flnderwil T nf.,iiia;
rlUrfd 1H4.
K ,.
GOVERNMENT BONDS NEW YORK BUTTER AND EGGS
111,1 a hrSsn&r
;,...,.,. 7Ji 6! KCK1H neoelpti. .1281 caaea. Mark't firm.
W.Wi
U"fcf"&;i?:..S. IS'iIUilrqad, earnings
Col
Comp
Con c
root Int Cal SI. ITla UD htl lit nf. .
Cuba Cna Pa- pf sn , Tn Co rcla.. 14
cruclblo Stl pf. ss; Tobacco Prod pf 07'4
Deere t Co pf. 03 lex ft l'ac,,,. IS
I) I, t XV.... IB" Tidewater OIL. S01
Ken 4 It Or pf Third Ave .... SI
Petrolt l-dieoii.lS.. TSll, Iff,,., 1U
llleo Stor Hat.. HSi T St I, XV elfa SW
l-.rt 2d pref... IHIi T St 1 ,1V pf. 30
Ked M fc S nref 2SW T St I. 2.1 pf eta in
Oen Chemical.. 1ST Twin Cltv n T. 1'
nenerni cisa
lien cirar
f!aAHalAli II
(Iranby Mlnlna:. 01 J'n Un Pap. 114
(ireeno can cop mi'i ;i", ? s
Hurtmsn Corp. 81 ," l ;.PI.,70
llaikell t Ilark 31 JJnlt c Hir pf .103
Havana ntec.,101 ""hi nr lal pf 47
Hemeatako ...80 y."'? ?'" 2d rf 7
Inter Con. Cro. IK V,"'.'.!'! I "'X ".ZW
Int ITarv V J..1O0U. United Kru H...120
St "ickelpr. toiHKn'?3 '. ." 5!i
Iowa Central .. 28 .':"!."" . av, .
Jewel Tea .
Kan City 80
K.ak'2rii if III u "" Alee pf soil
ilk. Mrl. tf W OP, u .".""'V "
, n,,K A . ni? .., P", ...
I.orl
txiul
Mirkay
Jii W Ind Alco pf 0014
""...
I irrt P .VTlfin"' 1, 5 5m;'V,--"i
ss' "'' IsHVa-Car Chen,.. 42"I
Meeker vo prer ni va iron c c niK
May Dept Stra 4P4 sViIm u ' " Dl,7
Matnhaaltfttl 1114!!. I 1'.K..I. --.H a AT
Janh.; an.KI.. JI wtnlVirt" ... Mi
t :: - .- -. .' -
South R R Cs.
Sinclair Oil 6s .
Todd Shlpbulld
97 -7s
80
80
VI
41
47
OOli
98
21.
I
1.1
8
ni
lit
4
1
01
11.1
m
.17
43
"lV4
1.1
lli
7i
414
13
ll'i
7-33
38
88
V
II
0714
8.1
8J
07
43
SO
01 .
93
Oil
Ii 4
114
Hi
A
aft
314
13-32
..nun .1.. la . . . . .ll'a .11'
3(1110 Col Iliduilrlnl .1... 71J "l'i
I i ( ni . Miiuli 1st la SJ'a s.l'.
iiouij en, nf Paris (l.. sj . . j .
ono (Vrrn do I'isiii lia.Kl i , PJ''., l'" '
7(1' J
7l'i
s.l .
V.t-
7n'i
7"'i
2(1
4
114
41
20
8',
114
1114
1"4
7-32
..ii... l,n.H..1. I.,lit,1 JlM 7ll'.a
.100(1 llrlo I oil, 1 Ser A 4(1 Kl 4'j
Sliuni lr.mti llcpiih 3'4a 117'. I'. I '
moil lien i. let ucii ni... '
17,1110 Mi, P.ic ,:m 4s s't
Kino .Nut Tub" .1 I'-J,
4'((lO(l f V C II Os.. b.l"a
11.00 X V City Pja 11(113 tnl'i
inoil X Y (!.( II P ta 7(l'
lnudii N Y liny .Is,... Is".
(Woo X Y Tot sen 4'.. S'l
limn llro Short l.lun 5. K71?
ln.in llro line A. X I".. S2'.
Ilcoo Ore t. V 11 . X 4a 72
Snno Piidllo Trl 3a I'2'i
(,000 Penna uen cl 4'aa S'.i'n
r.imo Pore Mar'iu-tte 5a. SI
loon llenillni; ken Is,.. SP.
lutioo Sinclair war 7m, ., S9"
S(ii(0 Si I. (. s, p ndj... 117
:ic.i.(ii( du in r.n
11(100 ilo rcr A '
11(100 d.i ser 11 73
(.noil SenlTd A I. idj 3a. 32'.
liooo Soul), P.ic iv 4a.. 77.
soon do cv 3s Mi'i
loono do rfd 4a S2'i
lMllll Suillh Ity sen 4a. 11(11
1II.0O ilo .Is PS.
Sunn Texna c'o ('. P .
,-noO Toklo 3s 70',
12'iiHI l' S Ilulilier 5s ...70".
ISooo 1' S Meet S P .Is., 99".
ni.oo t'nlnn l'ac 1st 4s.. SS
37(1 U K ut II II ( 1 ,'a 9N'i
19000 do 3J,a 1919.... K7t.
7IKI0H (In .V4a new 1019 K9
S5000 do .It, 11121... HP,
SOl'llI flM.un, P.I). S. IKXiS
celpls 10 3(111 lead. Act Ire. steady.
CITII.i:- lle vlnla, 1500 hi'iid. sleady.
SKllCP- Ilticlnts. S'll, hcilit SlimK' In
25o Inner.
1IMIO West P.li'ctrto .1"..
1(100 Went Md 1st 4a..
P7
5S',
P.!
H.1' i
nn1,
7ll'
17.
Ml",
P7'3
S2'
is'i
S'l",
SI
Ml,
S!((,
( 'I
I'l
.'.III,
S2
I, n'l
l'2l.
P'l
lll'i
7k".
I'll'i
ss
IIS14
P7
P'l'i
l'P
97
01i
-ss; ' KAX'SI" ('ITV. 1 cl'. S. CATTI.i: Ile
.,., . etlpls. S.HO head. Sleady. Slow.
ill, llthiS r.'xlrt". 511m, head. Ktemlr.
j,;!, , HlllillP Ueirlpla, I11OO heud. Xomlnul.
I")' 1
i7p;
so1,
117'j
S2'.
PS'.
sol,
SI
M'i
Ml"i
(,7
50
:.'(.
73
32'1
77".
SO
S2.
on",
P2.
pn
71(1)
70 ;
nn".
SH
HS"i
P.1.
nil,
97
(it '.
Financial Briefs
(IIIUII, loiurr ill pimi.m. ,.i
south llakotn I'lirlly, cloudy tnnljhtf;
nnd Sunil.i,. older sundio und In north w
unit west tonlnld. ,,.,,. "''
clirsk I'rtriiy (luni iiniiani. arin-r
In southeast nnd colder In northwest, Son-VS
dn, ralr una colder. .... v.,
Khious llenerally fair lonlrht antt
.Vniiihii, wurnier tonltht. colder Sund,J
,i.......n,. I ..aellle.1 l.inlant, nnn Num. .V.
ih. .older In east lonlaht and In south-,j 1
Ujomlnc Crnrr.illc fair lonlcht anltr
Sundii, i oilier In ea-l. ,1
CHICAGO. Feb. :. rf
The markets for corn and oats w'eraj
steadier this morning, notwithstanding
the fact that In somo sections scntlmentSr
was more bearish because of Improved
pinpects for the movement. jf
Tim misli Mllii.-itlnn III Imtli eereols nail
firm and many in tho trado refused toi
loi-o light of the lact that there Is bo'j
insr.tiauie uenianu lor grain iromi
Luroiie, which will take every bushel of$
foodstiUTs the United States can shlp.Ua
Tlio lecelpts or rorn today wtic 160 caMf
nml it ri ilu ul . 1 1.tlii 1 i.a re 1. i3
May coin opened at Jl.sV-?, 1.24ra
against Jl.si'j nt the cnu yesterday?.!
nnd later sold nt $1.24 Ti. March oa(ji!',B
Hatted 'c higher at Slaic May oatifl
wero (pioled at 79sii: to 79o at the start,?.!
.llnl Intel- i.nl,l nt 70'ip. .JJ
tl.l. .1. n.l.t.. C.... ,....!
I I I, ..,'- .iil.lLi; llt'l.'l .,1 dll.lll., ici.n
ported uneettlcd weather there with thejjl
niDiciociii ociuyeii, 1 ue csporiauie aurjf 1
plus of wheat of that country Is estl.'vj
mated nt 1 18.000 bushels and of cJrc4l
ISO flOO.oilO bushels. SL
Tlio receipts of wheat nt Minneapolis il'
and Duluth wero 125 cars, iigalnst U'w
cars last year; at Winnipeg 321 cariyj
aiiiiiiisL ..,. cars; uc tnicugo 0 carey
against 19 cars. jjff
Leadlns futures ranged as follows: .T
Corn (new delheryl . YesiW,
Open lliKh Low Close cloef
Mnich ..'LSil'l 1.S7', 1.27 1.27 1.2(W4
Jii ... i:ri 1,2., .2laTi.2li I.siaj
(lain --J
Pell .. . S2 ; H R1.. t81M
.March .. M'. Rjl, Sl; s"U Sl.-2f
K. i!l. 7olk 79. 79S(
Mav
l.ar.l
Mnv ... S3 53 23 77 23. .12
P.lbs--
Mnv . ..21. CO 21. SO 21.00 21. SO 210:
Pork--
Muv .., 17.0(1 47.23 47.00
1)1.1. tAakcd
23.52 j
'
17.15 "48.77
Local. Reserve Bank Stat
The condition of the Federal Resc'V
uariK 01 ,-niiaoeipiua ror tne w
yesterday compares with the
week as follows:
1?
loUli
The nnnujl report, ot the Thomas
Iron Company for tho fiscal year ended
December 31 shows gross sales J3.785,
891: net operating profit J214,803 ; total
Income $380 329 ; balance forward to sur-
plus after deduction of bond Interest,
dlildends. etc., $194,028. A dividend
of 3 per cent was paid yesterday.
A special mefting of the Susquehanna,
Ulooinsbuig and Ilerwlck Railroad Com
pany stockholders will bo held Monday.!
February IS, at 11 a. m. when nn agree
ment for iho acquisition by the penn
syhanla Railroad of the franchise, etc.,
of tlio Susquehanna, nioomsburg nnd
Ilerwlck Railroad will bo submitted.
Gold inln and
ertllhales lu
XJUlt
Oold settle
ment fund ..
Hold with for
den agencies
ItUSOUUCLS
Peli. 1
10,552,350.00
47,780,000.01)
3. 073.000.00
Jan, 23 y.
W
J1S.7S9.433. (HlJ
37.190.000.00fl
3.073,000-00 1
Total cold
held by luinl: J3S.013.330.00 59,C00.15S 00
Oold with "(I
Ked-ral lie. '
aervo azent. S01. ir.n n?.-. no tni nln 173 00
,!..i 7,'- ' - ---.-. v ,.,v.w,..-.--
v...... reueiup.
lion luim ,. 1,500,(100.00 1,500,000,
NEW YORK COFFEE MARKET
NCW YORlv. Feb. 2. There was a
little steadier undertone In the coffee mar
ket futures this morning and while there
was somo further scattered I'quldatlon,
It was noted that somo, of jejterdays
heaviest sellers were c'oveilng ,.K.-r,
Call prices were 9 to 17 points lower
with trading fairly active. President
Lawrence has appointed a committee to
go to Washington to discuss with the
food administration the details of the
proposed new regulations affecting trad
ing In coffee.
f. . "7.. 97 Daniel T. Pleicc, who has been for
oiia lll'i e.l'a several years cxecutlvo assistant of the
SO v 1 Ccneiul Asphalt Company, and wlm re.
14 Tutsi sales. 81.9.11.000, compared wild cently organized the Information depart-
I ttliBiH 'sVs oil ood"U "f ' l-3'080'300' menl of the American International
I last week. ti8.BM.0Qei. shipbuilding Corporation, will mil for
! Franco next week on n soeelnl mid.,,,
971'. , LOCAL MINING .STOCKS for the Red Cross.
Tho Detroit Kdlson Company reports
for the year ended December 31 sur
plus after charges l2,G35,8t8, against
$2,717,113 In 1916, which Is equal lo
$10.25 a share on $25,091, COO capital
stock outstanding.
Th V.i. A-A.l, c?..i..' .
in' ,," ' " vii .lu.iuc.iKury lost
',','! $191,000 to the banks yesterday.
Ins I ' ,
.0 ' I "
.113 ho Hureka Ppe Line reports for the
.n year ended Dee-ember 31, 'profits of $1,.
',112 111.883. This compares with $1,32;,.
.08,069 tho preiloUH year, or a decrease
'of $210,186, and Is equal to $22 23 n
,2j share on $5,000,000 captlal stock against
L". $20.44 a share In 5910.
LOCAL MINING .STOCKS
TO.NOPAH STOCKS
a ' Hid
.11111 nulier
MscXamara ,,
MMway ,
Mtzpah llxtensloii .
Montali', ..........
North Star
1 Hescue Hula ,...
1 wt 1:11.1
. aOU)FlP.(.U STOCKS
'Atlanta ..' 00
lllua Hull 01
llootli 03
insmondncid 11 11 ."i
,i'.n
.1(1
.0(1
.01
.on
.77
Ask
,0!)
.SO
.OS
.OS
.15
,0
.10
.70
Test,
Open Ilhih Low Cloio close
March ... 7.9.1 8.10 T.90 8.00 8.07
Mar ... . 8.13 s.3u S.SO 8.31 8.33
July 8.40 8.02 8,411 8,53 K.M
September. S.H7 8.8.H 8.63 8.73 8.71
October 8.88 S.S2 8.80 8 80
IMtmbcr , b.8Uy ti.ijl 8.81 8.03 8.91
Palsy
Kewalias .
Oro
Kanusionn Kendall.
HUitr I'ICK ...
.02
.((7
,01
.01
.01
Cotlon Statistics
.XKW YOI1K. K.b.'.Th axatiallcal Po.
sttton of cotton la aa followal
Total , M,1blTW,Vltn',!lW",,L",""
M18CKI.IAX170CS
Arizona 1'ntt-d ,,.,,...,...,. .17
Xevada Wonder , L..0
Tocopu Mlnlnic ...... e. ..... , .17
1 1
Cotton Buyers and Sellers
NKW YORK, Feb. ,:. .March Mitch
ell, II. Hubbard, HartcoNi. Newman,
II rooks, Cardoza, Rountree,' Wilson and
Itogenberg bid: Black, itoaenberg. Mo
Unnny, Ilentz, Cone and Glover offered.
May s Mitchell. Ilcrtcorn, Hentz,
Schlll. Martin, Rlordan, Hubbard, Flee-
. X,.... 1,1...... 1.1. M.T......
inuii, ci,iiiau. i.icna Mm, iv.-.iirtiiy. Bani. ,,.!, In., ..A. mi.fc , .
Hagedorn. Newman. Schley. Wilson i V!a T, c'k la"' 5car' The, decrease is
itui,. r 1 -...I.,.. ee..i iai.w,.t,.
i-ia, sire, nun , icvis wsii'mi
July Jl tchell. ltlordan. .Montgomery. til v'... . .,,... n
Hleka. Ilnrteiwn nnrt .Iavald Il.,h.n I . '."" ,:"''"". "" .vompany re-
Klfensteln, Clearnian, Schlll, Cone and
Olfforu clrered.
A. D. Converse tk. Co, announce that
Charles T. Darrov and Oeorge A.
Crossman have ncqulred, an Interest In
tho burlness. The firm has offices In
Philadelphia and New Yoik.
Twenty-three. railroads,, reporting for
tho third week In January, show gross
(" J.vi,a(, UKUinai i,ia,07g the
V".. ,, nee, v ,.r r... w
!'?.. 11 " r.,w i!r Wheal I, H pr "(I'l.
a si ffv v. .2.1 xft xwn-, a
- --mmriT -iri iwmiiii i niiiwMiwwr- MMinrnciniiiiT- tn Tn.- ,.r ..'
me jxew Jersey .Ino Company re
liorts for- the quarter ended December
' loeome of $6, 585.. 58. a decrease of
l!,TX6.m compared VHh the same per-
m
Total cold
resereo ...J121.062.42d.00 $120,070,910 W J
.-aai , fuller
notea, alHer,
etc-
1.707.373.90
242.91 1.9S,'
Ttl. rccre,J125.780.(ioo.oo J12S,319,s3I.Vt1
11 1 1 I s dls.
coun i,d
Members. l!W r"i n-.tt ia ... cut rn. US
11111.. 1 ,.. --iv.w,u.b.u ....W.'"-..--,
',,10 i'UUIIll,
1 II (1 II o 11
market .a.. 13.600.310.78 1L170.468.7S
Total hllla
on hand ., JI7,489.G99.Gt
r. p. no, t.
ions . term
securities ,, JO. 879, 530.00
V. . Uo, t.
short term
securltlea ., .1,932.000.00
J17.069.t07.97o
15,306.550 (
1
J4.023.000.MJ
Total If. S.
securltlea . $10,831,330.00
M 11 11 I e I pal
warrant! ,.. 10,000.00
Total earn.
Ins assets..
Due from
other V. It.
banks net..
It n c ollectcil
Items
$9,329,530.
m
lo.ooo.po')
$38,331,240.61 $37,328,717.91.-''
$1,861,493.03
38.769,289.3.1
1
3S.01A.S71.SQ.il
Deiluctlcti
from grows
dcposlta ... $13.633,78.1.21
All other re
sources' .... J032.030.33
Total re
sources ,.,J2
J38,910.S7t.:0j
J201.702
18,077.00 1.10 J22 857.233.84 J
paid
LIAOILITIBS
J3.813,:,,00
8,823,013.87
87,000.921,10
80,253.931.57
JO.773,250.1
10.469,301.;
t o4,061.40J;t
9.331.741,!
1,083.512
Capital
tn
O o v eminent
depualta ...
Due to mem
be r a rta.
account .
C n 1 I 0 lion
Items .,.,..
l'J . O T
r. it. banks
o. ,.
Tel I erosa
denoalta ...J127.100.S02.CO
I, It. notes
In aituat
beulallon . 91. 214, 203.00
All other 11a-
kllltloa 1,.,, yi9.8OO.5a
Tntal 11.1,11.'
Itlea .,VM,J22.B77,08l.tq ISSI.SJWSJI
P:
J 126.1 89.230.1
' J
L4SO,4M.
D1J.S'."
Rei1f4 Susar UncMmM'
;MiV( YORK,- FelCtS.'-f-R
unuiianieu, iwkb.'Hii j
quotleg ai,7,45o. le t now 1
quluinirawf 'i uoh4M at ..
- "IT .(.