A! . "Klf
TfTliCffiSTi.
r JT'C
I
.V. .
EVENING PUBLIC LED&ER-VHlLAMLPHli, FK1DAY, NOVEMBER' 29, 1918
NEWS OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK PRICES!
.
r:. " -.-... j
L. t IiWi ii i i i ii
-Jl
I
II r
nmTt
VfcJi
I
8
$1 .
WK
J.k
ir'
"
WU!
:'
tM
Ji
ft'
pT
Georgia
Railway and
Power
1st & Ref. 5s
Int. April and October
Due April 1st, 19.') I
To yield bet'er than
SLIGHT MODIFICATION OF RULES
ON LOANS HELPS STOCK PRICES
New York Stocks
6
c1.
Tax
Pennsylvania
lie fund
Price and Further
Information on '
Application
Brazier 6- G
INVESTMENT BANKERS
Broad & Sansom Sts., I'hiln.
211 E. Redwood St., Ralto.
Borrowings on Bonds and Short-Term JNotes. No Longer
Considered Extension of Credit Advances Follow
Declines Marine Preferred Strong
rv orlt, Nov. 'JU
The slink in.it ket wiis lulluenced In the lute forenoon by the nctlim
uf the stork eehniige nmnilttep in nllshtl mndlfvlng the regulations
(limit loans and peimltting purilnies of short term notes iind homl
xtihtcilptlon participation without having borrow'ngs on that account re
garded as extension of nedlt
ThlH was looked on as another ilep In which iiioiip Is rrumtillUB
away from Its strong position, and It was assumed that other modula
tions will he made steadily until trodlnR can again he londucted under
normal conditions
Cuited States Steel, which was e the 3v4 pn ent dividend, hold
down to 94'd, a loss uf l In all, but rallied after the first hour Marine
piefened was again In demind ami wan one of the vtiongest features,
advancing 3 to US
Haldwln Locomotive and llithlehein Steel 'H were in supply at
conseislons of around 1 point, while Hallway Steel Spring advinceil
more than 1 point to 71 Vs, in response to the Increased dividend declared
on Wcdnesdaj
Southern P.iellle iv the Ha Wi lent dividend, '-old at !S'2, against
'J 8 with the dividend on at the close on Wednesdas almost recoveilng
the dividend during the forenoon I'nlon Pacific was another strong
feat ui e moving up moil than 1 point to above 129
Mudeluker was, undei persistent pressure, falling 2 points to 48V4
I.ait
il ii
01
22JS
5'H
3i
Illsh
'ii
57
20
52
105,
GOJ4
kWi
1U1
iiPl
Manhattan Railway Co.
Second Mortf(e 4 Gold Bonds
DI4 Juat 1, 111) Da. lam, I, ZJ1J
Tax Eivmpt In New York Stat
NJET earnings (or the
A year ended June 30,
1918, were more than 3'i
times the annual interest
on the bonded debt
The tock of this C ompanj
Jias jeccivcd 7 annual divi
dends for the la-si 15 veirs.
Price to yield about 5.40
Ask for ClriuUir l'E-l!
The National City
Company
Carrfsfiondent Offices in 31 OfiM
Philadelphia 1421 Cheitnut St.
Telephone 555 1 ocust
OATS LEADS TRADING
IN THE GRAIN MARKET
COTTON PRICES BREAK
AFTER INITIAL GAINS
I
Quick Rally After Eas Start.
Conimisioi Ilou&ch Favor
Buying Side
.!ll lll.l.T HBUIIIK IOIII I 1ST
( Mil 11:0 Nov lit IllltioU llr to
nltlit iinil sniiiriliit. slmlill' iiiIiIit tn-
MIMiurl I ilr IihiIeIiI nnil "imnlan
kIIHiIIj rolilir tnnlcht. ...
VMsriiui.ii I llr tnutcht il'l siturilili
sllclilh inlilir tonl.lil In r it
VlliiniMilii. lima, oillll llikotii. r
hnisUn. Kiiixii" nnil Montiiii i 1 ulr to
nlclit nnil xntnriliiv.
North llikuti I ulr tonlrlit nnil sntur-
Winniliii: Inlr tnnlcht nnil tnturilii.
Opening
hy Snot Bmiim, Iliclier
bles and Wet Weather
Adams Kxpress
Advanco Itumely.
Adv Itumely pf..
Alaska !old M
Alaska Juneau..
Allls-Chalm MfR 2'i
Allls-Chtiliu M pr. N)V,
Am Beet Sugar. . fit
Am Can 41'
Am Car & IMry M)',
Am Hide &" I.ca. 11
Am II A: l.ea pf 7U
Am Internatlonil. fiV.
Am Icu 40,'i
Am Ice prcf fit
Am I.lnneed .... -10
Am I.lnucul pref . 81'
Am Locomotive... td
Am Smelt & IUf. bl)''
Am Sumatra Tob 10J
Am Sum Tob pf SOJi
Am Steel V dries, ys'.i
Am Sugar Ilelln IDtl,',
Am Tel A. Ttl . . lOJ'i
Am Tobacco ... 185! a
Am Tob pf new. 9!st
Anaconda Copper. Mil
Atch Top t? S F.. 02
Atch T . S V pf. b1
Atlan Uulf & W I 1U7
lluldwln Loco.... Tj'i
llaltlmoro . Ohio. .1J',
Halt A: Uhlo picf. fi"
llarntt Co 101
Ilatopllaa Mining lTi
llethlehtr.i Steel.. 0-lJi
Utth Steel pref... fe')
lltth btl Class li. ().!!
Hith Stl 8 p c pf lOo
Urkln llap Tran. Wi
llooth risherles. . 1M!4
Llurns Brothers . .l-lbja
Butte & Superior. IU'i
California 1'etrol. 10
California 1'ack.. 4b'j
Canadian l'.irlftc lAbJiUC
Cunt Leather Co
67
3i
20'
1:10
p m
22
67
Si
2'
2JJi
New York Curb
I Mil "Till M.h
lllil
Yrt clone
60U 60 60
nil' -nji 'ii;;
W)Vi 7i W)
13' 13V 13V
(!l'i MUi b'J'J
64i l!i SI'f
Aetna KxplosUc
Am Hrlt Mfif
Am Slnrconl
American Writing I
Air Iteductlon
Canadian Car Co
Con Car & Kdy pfd
Charcoal Iron
Chevrolet Motors
Cramp . .
Curtlns Aeroplane
b'J'a Carbon Steel
62
tou
40'i
W
bH
IOjJJ 101
6'JJi
7UJ,
SS b7 87
110 loy'i louj;
IOJJJ 103'. 10JU
G-i 03? G-l
03) S C2h 02! i
72' ''Mi ii
5 J 62,'. 62! i
"C2'S"C2H "02M
i, "ol'i 0US
30' j
23.
lb.-.
I1 1
39' i
23!
lb
40
30'S
23!i
lbJi
40
Ca-
. . rm 1 I ""- "
Amance Inliuenccu, t-Vrm du ra cop.
Chandler Motor. .
Clies.i & Ohio....
Chi M A: ht PjuI.
Chi JI bt 1' pf.
' Chi & Ivorthw'n..
I Chi It I S. I'ac
C It 1 & I' O't pt.
C II I . I' 7 pf.
Chile Copper
I Chlno Copper ,. . .
1 Colo Fuel & lion
Col Uas &. l.lec .
OTTON I1K.I.T i:Tliril fOMlITKINS
Nm "Vork. No. 2'l The fnllnnliur trm-
eifrs.
rsfii
- t
t;p
l i
FA
m
Wr
Esr-
K-
B'
m.
Before the War
North American
,Pulp and Paper
5ub!diariei were prosperous.
During: the War they have
been contending with
Labor nhortage.
Transportation difficulties.
Coal supply commandeered.
New powerful financial and
paper interests now in control.
What Will They Dot
It This the Turning Point?
Prnd for Ilrnort N. A. I'. 10
&HMII)T&IkmT
628 Wldener Bldu.. Phlla.. Pa.
rh.l PHI. IV nl. 40FOi Unci- 4n0
Kew ric Offlr 0 llrnnd M.
PRIVATE WIRE3
.!
rt
kK I
1 V
r5"n
lrl
s
C IiIiiiko. Nov LI
Oats nlllid Tfler an e isl. r start
I Loral In eicMs s ild at the outcet, but
commlBslon IkiU'ih favored the bulng
side A firm with euniieetlons at the
siaboird bid prices up
IXeember s nrted at 71V.C to "l(.
agilnst 711Bc at the e'osi W1dnesd.1v
land advanced to "-'1 Janu ir ipened
I at 71 c to 71c .tfc.iint 7n"4c u the
1 close Widnchdnv and inovnl up to 7t'8'
I Thi arrlv its here tndiv wire 2: ears
IshipmnitK from Aigentlni for the week
! wore 'Jii 1 mm buxhels-
Slilpments of uhe'it from Argt ntln.i
, for the week w.re 1.4 IJ 000 buln Is
'aBi'nt 117,01111 bushels l.it iar The
Ulsble supply there is 1,850,000 bush
els 1 The reeepts of w he it at Minneapolis
land I'uluth teday were tlr ors, against
I 13G ears last vcir, at Duluth 539 cars,
'against nlnet -seven cars a vear ago.
I at ChlciRii 101 cm-, against eight c lr
11... ,. ,r .mil nt Winnipeg 9C2 cars,
lomp.irrd with 70.! urs ,e iir ago
1 lluvlng bj J leidlng cominlssinn hou-i
turned the' corn nnrk.t upward after It
1 had been easier in the- initial trading
when there was seittered selling b com
mission houses The technical position
was bePtvul to hi firmer as the result
1 of Wertncsdav's selling and while there
was a disposition to take a hi arish view
of competition from Argentina, there
was further talk about thi worlds n.ids
and the trade wns looking for a good
deal of expression along this line
Pen mbi r vtnrtid at $1 -Vi to
I $1 2 13., against $1 25 ', at the end Wed
nesdav and advaneid to f 1 2 "S Jan
uir opened at $1 2 1 to 1 25 against
Jl 25 at the close Wednedaj and
rose to $1 2G1. Februarj was quoted
at 1 257 to $1 20 at the si irt, against
Jl 2G3 at the end Wednesday and
I moved up to H 27'
I The arrivals here tod i were 83 cars
Shipments from Argentina foi the week
were 1,449,000 bushels The visible sup
ply there Is 8,000,000 bushels
Lcnillnj futures ranged as follows
I.UW
im rnturt's were mnnlisl In the rotton lirlt
nils tnornlni;:
hllrllf., -Mil Okliihomi, JH; little Itnrk,
1(1 Port Smith IHi Vleninlils Mrkslnirit
anil NitKliilllr, 10; Sin ntenlo, Knowllte
unit Atlanta. Ut Mnntrniner. 44t Vliirnn
ami ( It irlrnfon. 40t foriniN ( lirNtl mill
liiiHritfiii. 4H( New Orle iiik. I'rnxiiriibl.
11e1iNt11 nnil .lurksniivlllr. TO j TIiiiiiiiih
illle. 14 Wllinlneton. rid: sminiuih, AH,
mi I Tniiit 1 i
There uas 01 Inch nf prerlnlt illnn ut
Pen iiolat .10 nt Tiiinnil .00 nt AilcilKtul
7X nt Thnniimvllli-. 1.0': nt Ii irll Mim;
1 OS at WllmbiEtnn
M.H MI1IK, N'm 2"
111 a rather sma I rn irket the Initial
prices were 4 to 17 points higher The
advance w.th Influenced bv spot house
builng, higher cables ajid eold wet
lather In the South
Liverpool Interests were the chief
sillers, soon followed bj local unload
ing, under which prlci s broke so that
after the cnll this were about 20 points
net lower
33! 1
W0
67J
4oJ
7b'a
OuU
255S
lj7Jj
bll.'j
10 ,
37,',
31),",
3b
31
163' loo'f
50U
JJlf
ob .
3 Hi
I Consolidated Cas 10U':
461.
78
Lb
bU
10'
3.i
37's
lOU'i
4'i
6 1! J
20,t
70J.
10
11U
4o
lbW
30' 4
2J.
VV t'lnnil i'b Toil ns 10 111 1110
rim., npi n 11 in m
iliremliir . Js n js tn Js to Js jn
Tinunn '7 -'s J7 0". J7 111 7 Jll
Vlirrh Vis, -11 jn mi jo in .1, r,
Vbiv . is ni lilts j-, so .-.'mi
Mih SI so .'-, Ill) HI -,n JV 'hi
Ortnl) r J t '(
Suppose You
Have $500
To Invest-
and ou viih to pnjoy th ffre-atot
aeffrce o( safet . u cnod Uhldend
yield; the possll 111 tv uf a market
appreciation in tht h1uc of our
purchaflet Gft our nrw free book
let. "Market StrntK" for u simple
method uspil txt nl e! b pxp ri
eneeU lnvetorn
Atk for Booklet T. U.-417
JONES & BAKER
MiriMtlTIHS
Wldener llldg., IMilluilrlplila
'Phones Dell, Walnut 1690
Keystone, Race 2290 '
4w turn i'lUMnurahl
Chlcat-o Wlrrct 1'rti ate litres rionton!
Open Hlph
Corn (ni'ii iiHiii
I)PC
Jnn
I eh
Out
Doc 71'. 72V4
U 10
P m
r illtll)
1 J44 1 .'OH 1 L'lMi 1 .'..
1 Jli I J7, 1 .'l4i 1 J7
1 .-.' 1 jsij 1 J5V4 1 -17S
n
Jan
Kel
I.nrd
Nov 2H 0'i
Jan .' til
llllw
Nov JO 00
Jan .'4 -'
Pork
Jan 'HI 40
Hid TAnkeil
7J
7114
20 71
20 US
2(1 01
-I I1 1
24 77
40 41
24 .'
40 35
20 71
20 07
24 711
40 31
VWil
Clufrt
'1 24'.
1 1
1 21.'.
. 71V.
tTll'l
71
20 71
20 111
Jll Oil
24 OJ
40 35
i,
r
'
"Sy
S.0Q-$500-$.00Q
Exceptional Security
We own and offer several
securities of the highest
quality in denominations op
Ve5" 4100. 1500. S1 000. THE YIELD IS Gonn
4-WcttiiDiTV I iMnl IPSTlnucn iKipn'
-ilC.vwiiii . w...ww..w..fc, imrun.
c',? ...-a.i nyf ..All fsrj Ana np-nnn
VrivV- mIIWi wi in"ii- wr vj, n&fMfc-
Wp .,EriTTIVE WILL CALL.
v MKER, AYLING & YOUNG
itV WD TITUE BUILDING
BOSTON PHILADELPHIA CHICAGO
Lr."- ""'' t
.!
i
'H
mm SALESMEN
Opportunity with
V 'active old-estab-
lished house of
prominence. Mem
j bers New York and
, i-nuaaeipnm oiock
' Exchanges.
153, Ledger Central '
tf4v 1
&& :i
Extra by Titlewater Oil Company
New nrk. Nov. 29 The Tidevvatet
Oil Company has declaied an extra dlvl
ier,( nf .1 iiep cent and the regular quar
terly dividend of 2 per cent, both pal -
able December 31 to stock of record le
ceniber t
No Change in Refineil Sugars
New lurk. Nov 29 Refined sugars
are unchanged nt 9c, less 2 per cent for
cash Haws arc unchanged at o os&c
l.l.t. l, AIIVFIITISKMKNIS
ltF I.VTATi: OF Hllllhlll b. IIVTTKKS.
ll. deiensrd l.tterii teatami-ntary
on the uboie i state havlnn luen granted to
the umlernlunnl all iwrwina Indelititl o the
raid itate are requeHliil to mike pamenl.
and thie havlnit claims to prt-mnt the same
.Kh.uld.Ui to aim H MVBalV,
"ut! hprinar rft
Or to litr attornej.
AMIUltl i nLKKI.n
r.i'tl CinnnionwPHUh lii'ij!
ik?? KsrvTi: or siw i.. ci.viton,
UMCiiheil i.fttirH titdmcniHr un
tho ulDt statn haln,r be-n Krnntf 1 to
llli: lHUllKVr MFB A.V1) THUST
COMPANY OK I'HIhAIJKM'IIlA all perwons
Indebtfil to tho ull xtate an" riutnteI to
make payment, unci lhoe hulnc ilalmri to
pr8tnt the tn"i w ltho" u I ftt the
office of Rill Company No 4U Chetnut
tl 1'htlHilfiphU
TUB PltUVIDSNT I-IFI3 ANI TUUST
COMI'ANY OK riflLADniJUA
AHA W WINO I'prMent
r Hgecuinr
IN TI1K . CO"iI3IONWKITII OF
innhIintit. Iii II rnttrr of nu-
nllrntlon for punlnn cf JOHN .NKIV.
NoIIph l hen hy ltn that a rehfirlny
has km Kranteit In the alo cn and
that applltatlon will b made to th Itoitnl
of Pardon on Vtdnpday December X.
101P for the pardon of the xaM John New,
who pleaded Bulltj tit an Indictment for an
eraated anault and hattrry and afauault and
uatl-.y with lnl.nt toll r.1JIUn,S
Attorney for Atipllc.int
Cotton Iluvers ami Sellers
New nrk, Nov. 20 December
Newman,' Cone and Cassard bid I Flg-
gatt offered
Janu irv Can ird and Russell bid;
Oei r. Sellnr and Diooks offered
Mareh MeKadden, V llartcorn, Dart-
leti. .vici.iiee, vv imnn and lloenberg bid ;
II Hubbird. Kiirter and Schlev offered
Mn Newman. Slgcl and Jones bid;
Downs and Brooks ottered
Julv hlgel, Sclianz. f) Connor and F.
Harteorn bid , Sellar offered
Liverpool Cotton
Liverpool. Nov 29 Spot e-ottm Is
nulct with prices unchanged Middling
old contract Is quoted at 21 74d Sales
were 1(100 bales Iteeelpta were 29,000
bales, Ini hiding 21000 bales American
Futures were steadv in earl) dealings
Trading In April futures will not be per
mlttetl until further notice Spot prices
were American, middling fair. 23 05d;
good middling, 22 37d ; middling Jl 71d;
low middling, 20 Bid ; good ordlnar,
19 lCd and ordinary 18 64d
MONEY-LENDING RATES
M3H lOUK Mone (1n call, mixed
colleatiral, opened this morning at 5 pi
cent for lending and renewing On In.
dustrlals, the opening rate was liifc por
eent. '
I'lIII.ADnwiIIA Call. G per cent;
time, 66 per cent Commercial pa
oer. three to six months, otifG per cent;
oix months, 6 per eent.
Reserve Banks' Discount Rates
Ofl!cla4 discount rates at the twelve
Feileral Reserve banks were as follows:
(The first column gives the rates for
all periods up to and Including the fifteen-day
mnturltv the second for a pe
riod of sixteen to ninety Uays The
third and fourth columns are the rates
for rediscounts of collateral loans se
cured by Government bonds or notes )
Com I paper Gov. paper
in to un in tn mi
15 days days 15 daa dais
I Corn 1'rod Ref . 414
t Crucible Steel . o4si
I Cuba Cuno Sugar 1)
I Cuba Cane- Sug pf. b"
i Den Ac Rio Ur pf lOJi
Dome Mines .... 1-!
1 Dlhtllleis' fatcur. . 45Ji
! Urie li
Lrle. 1st pnf uU'j
Uaston Win &. W Hi',,
Ucneral lllectrlo. lill1 o2
Ceneral Motors . 121 Ijl
1 Gen Motors prcf . b3 W
Goodrich 11 F Co. 5J ill's
Great Norlli pf . . . litilj Ofl
1 G N C for Oro 1'. 33'4 JUj
I'Gieene-Can Cop.. 4u.'i dO'j
! Gulf States Steel. (d!a .. '
I Haskell S. Barker. 47J4 47'
' Illinois Central... t)U 99
lnt Agr pf C.'U ..
Inspiration Cop. . 47 474
I Inter Mer Mar... -JTH 2H
Inter Mer Mar pf . II 1'4 117'4
Inter Paper ...... 30 30Ja
Inter Nickel 31!j 31',
Kan City South., l'j'i" 193 j
Kennecott Cop... 3!i'i .il
Lack Steel 7(1' , 70)i
LeMgh Valley ib.'i 59
Lee Rub . 'lire.. 'Mi liOJ i
Maxwell Motors.. "bU 2CU
Maxwell M 1st pf. 51'n iiOJa
Maxwell M 2d pf. 2(1 10Ji
15o
rtoston . . .
Nm York
1'hllail. Iphla
Cli.ieland . .
Hlchnond
Atlanta ..
Chlcaeo ....
St. Iouls .
Minneapolis .
iHti I rant tscu
Kansas e'ltl
Dallas ,
4
4
4
i
i
Hi
IW
V
4"l.
4. t
.1
45.05
4
4
4
4
'4
4
4
4
5 4
4 4
4'i
4
4H
vi
i
'J
FOREIGN EXCHANGE
New A'ork, Nov 29 An advanee In
Swiss exchange to 4 91 for cables and
4 93 for checkH wan attended by re
ports of large bids in the market for
that class. Otherwise there was little
feature to the market.
Quotations were
Demand sterling 4.7CH. cables
4 7fi 7-16 Sixty-day bills, nominally,
4 73 and n'net days 4 711.
Franc cables 5 45, cheeks S 46 8.
Lire cables C 35. checks 6 3G
Swiss cables 4 91, checks 4.93
Guilder cables 42V. checks 41.
I'esetas cables 20 03, checks 19 95.
Stockholm cables 28 30, checks 28 00.
Chrlhtlania cables 27 70, checks 27.40.
Copenhagen cables 26.80, checks
2G.50
Ruble currency was firm In the early
dealings today, at a slight Improvement
from Wednesdays level Quotations
were 18 40M18 00 The mlnlmun on
Wednesday was 18Ji
Treneh Bank Statement
rarlK. Nov 29. The weekly state
ment of the Bank of France shows the
following changes Gold In hand In
creased 9,835,000 francs; silver In hand
Increased 313 00 ) Notes In circulation
decreased 1,119,1 1.' UOO; treasury de
posits Increased 5G.78G 000 ; general de
posits dec! eased 148,607,000, bills dis
counted Increased 57,380,000, advances
Increased 233,976,000
I'ltlll'OS LH
nd Trader
by active stock ex-
COMMUNWK.I.TII OK l'ICNNH I.VANfl
IlKrAKTMhNT OK IIKALTU
l'KOI'OHI
hralrd bids and proposal! for raining" and
Htrpntfthvnlntr 1 kt on the saltern bank of
Darby Critic from lnu Hook mud to Wana
makrr a , T nlcum Townihlp, Up la wart
County, will le received by tha State !
nartin-nt uf Hrilth ut 12 o'rlotfs noon, KrU
da. rrrmbrr 6th,
Plan. propo4ila and uperlflf atloni may be
obtained at tht Philadelphia office of the
Mate Department of Health. l0l Race it,,
or at the Harrlnburic office.
The work will Include approximately 10.C0O
ruble yrda rt earth envmnkment.,
fwtlftmA rhMk fur tlflO (Ml mult Bfrm.
tuhv ch bid and the autxeeaful bidder will
he required to lurnlxh tion for Xalthful per-
'the
Local Meat Market
following
iir rennrt
iraae in rnuaaeipnia
of the freah meat
1 f iirnlaVixl bu tv,
local lle Block and meat office of the P.u
nau of Market. United Statea Department
of AirrKutture
nrrlvlnjr late, market slow at eteady prlcea;
demand Jut fair.
PirjCiitn iieceipis moderate: market alow
at t to I3li per cwt , demand dratrey.
luno itrtripii imriy iiwrttii market on
luiiiiiiuiit-i Ktiiua iuiv hi f ti io it iter cwt
koimI cowi i steady at 17 to 120 per ewt . lie
mand llxht '
VLAI-uec.lpta moderate mnrket trrea
ulnr on heavy ralvei at 113 to lis per cwl.l
light veal ateady at t2t to 12U per e-wt.i dn-
iiihi.u ..ii, iir. .
rtlltK Ileceloti moderate: market about
atrady on lolni at t3u to 137 per cwt.) d
mand alow,
IjAllBS RFrelptu moderate! auppllea far
Ijr liberal: market opened steady at 120 10
r?..!BLF"iv?'K,w "rr' -, si
-
. 150H
4J',
12
SIM.
14
41!i'
. 0JJ,'
17'i
. imj
. 7GJ
, 31"
11.1'i
4(1'.
43'i
'l3'a '
41
GJ
IT'S
34.' a
!13';
4oy,
45
78
ell
3U
37.' 3
lUU.'i
4j"i
53'
J'.l'4
7'JJ.
10; ,
U
4i;
17',
JOI4
Ji.'i
Io-
1 2
hJ!8
.11
u;
3P,
U'i
m
' w;i
'ZVi
HUi
30' i
31),
10H
34',
70
50
20) 3
2C4'
CO'i
114
152
25
43
45)i
7b
"25Jj
'jb
oO
10
ju
37Ji
lOOJa
45h
W-a
20 '4
"O.'i
10,.
IJ
44Ji
18
oUli
2WJ
15J
12.1
S2)i
51
05
3Ui
lUJj
4G'i
90
mi
27U
IIS
30H
31)i
10Ji
31',
70
50
L'dJi
201.
50' i
IO',
I5.
25
43
l.merRon ldiiinfiirrali
Hendee Mfg
Lake Torp D-oat
Lehlirh 'nnl Snlf
J.lmR ioco
.viaxim Munitions
.V V Shipbuilding
Nor Am I'ap Pulp
Otis lllcvntor
Peerless Motor
Poole i:ng
Scrlpps Hooth
Stnnditril Mitorc
Steel Allies
Mibmnrlne
bt Josi ub Lead
Todd Shipbuilding
Triangle Film
Unltid Profit sharing
u s Stinnistilp
Pnlted JlntorH
World"s Film
Wright-Martin Air
Zinc Com 1 nt
'4
I
sr.
.'8
"
140
85
tni4
7
ill
1 0
. 8S
111
Auk
G
3 '4
GO
35
80
8
150
911
IJ
8
100
2 i
JM
3Vs
''J
15
(Slllo
a s
ID".
11 10
2 3
ir. so
II 17
III r,n
jn .in
7", '
7 S
12U 11
11 13
95 100
'
Vt V
fii, lit,
.1J-9 33 V
I';
1
12'i
l-4
3JT4
4rM
si VMI VHII (III.
Illinois no IB" 515
Ohio TiS HO
Prairie Pipe 271 28U
S O Cnl 2JI J28
S O N .1 176 r.sn
SO N Y S f 28J 28J
IMIIII'I.MIIIVT (ill. STOCKS
Barnett till i. (las ' ru
Cosden oil
Cosden &. Co ... ' h
nik Ilnsln .. 5T
Federal Oil J
Inter Petrol . . 11
Houston Oil
Merritt Oil
Midwest Refining
Met Pftrol
Ohio Ful
Oklahoma Ref
Sapulpa Ref
Seouovah
Sinclair 19
Philadelphia Slocks
31tlI5nld a,v 71 i,
SOtltn Asph 31
15(1 do pief 71
50 lnt M M j 8
do prcfll414
17 Ins I'.VA 26
1411 Lk Sup C 16 3,
12 Leh Vnl . 58 ',
7dMldvale 43
795 Pinna RR 461,
175 1'lillu i:iec 26L
100 do rts 26
6 Ph Tract 711A
65 Rending . 83 K
230 Ton Ilel 2
15 l'n Tract 3'lti
tPOt 39
1130 V S Steel !I6,
1 nw
7(1
.11
1 111
i ni
70
31 "
114
26
IO';
58 'i
41
461,
25
25
71V..
82 '4
2U
3'lti
39
'14 1
IIIIMIS
lllktl Low
$1200 Am Clas.
Rlec 6s 85 1. 83
20011 Leh Nav
ions 4 Vjs 94 91
1000 Leh Vnl
gen 4s 80'j SO'..
8000 Leh Vnl
,,., fi''"1' 5l ,0 100
1000 Lib lionds
.,. 4H . 9C 91 9G 91
anonnphcoenn
5s stpd 8 r, 1 ., 86
28
114
26
16
58 14
13
46
25
25
71'..
SHe
2
19 'ft
31',
95 (,
1 in
p m
'M
S0'2
100
90 91
8Gi
Net
1 hitf
Net
chtfe
! 1"
.
7"
2I.
12'l
W
12
9
1 ,
(.
2U
15 'i
il
130
l'a
17
'"4
20
ir.',
72
132'..
1'
MIMM. STOCKS
Atlanta " '
Ulg Ledge ' 1 1
Ilutte New ork '-
Con Ariz IN la
CFSk. Jerome ,', 'j
First Nation il . 2's 2i8
Ooldlleld Merger .1 4
Cloldiield Cons Jl 2 1
Ooldflild Finn net 1 II
(loldlliltl Ki mas 5 7
Clrctn Monster . i, ''.
Heel. 1 Mlnirg .5 5'
Howe Sound 4 '! 4'.
Indipendetue Li ad 1 3
.Iirome Verde . '. ft
Jim Uutler . 38 40
Jumbo HMrns'on . 11 11
Mclvlnliv-D.wragh .. 47 50
Magma Copper .. 28i- 2'Ji.
Mother Lodi . 34 II
Mines Co of Amirlea. I
Vcviila Hills 3 ('.
Nevada Wonder ... '-2
NIpKsIng . 8N o
Ohio Copper . 'ft
lta Heicules 3N 1
San Ten . . . 8U IL
Tonopih llxteiiHloti . MJ MS
United Verde ... 35 L 37
West i:nd Con .... 1 Vs 1 'i
White Caps .. ..15 17
Yerlngton 3 G
HON'IIS
(notes 100U
si
14
J K
4f
2 Je
Ui
Ge
135,
41
d2
17','
70
34.' i
34
bu
o4',
l2Ji
40J
40'i
04'4
W2V,
40i
Mexican I'ctrol
Miami Copper. .. .
Mldvale Steel . ...
Minn . St Ixiuls.
Mo Pacific 25 21 21' 24Ji
Mo I'aclllc prei . .
Nat Cond & Cable
Nat Unum & S .
National Lead....
Nevada Con Cop
N Y Air Brake..
New York Cent..
N Y N II & H...
Norfolk & West.. lObJjll 31 j Ky
Northern I'aclllc ,
Ohio Cities Gas.,
Ontario Mining
Owens Bottle M.
Pacific Mall . .
Pan-Am Pet & T
Pan-Am P & T pf.114
Penna Hallroad . . 10H
People's Gas Chi. 503 i
Pere Marquette . IMS
Pitts & West Va. ,11
Plerce-Arrovv .... 42
Plcrce-Arrow pf . . 10J
Pierce Oil 15,"i
Pressed Steel Car. 5S
Pullman Co 120
Uy Steel Spring. (,);,'
llay Consol Cop. . 21.",
Heading 82M
Itepub Iron & Stl. 74S
Royal Dut tr rctslOI
Saxon Motor ... M,
S L-San Fran ... 13,'J..
Seaboard Air L... d'i . .
Sinclair Oil lief.. 3V,(
Sloss-Sheft Stl, 45J
Southern Pacific. .OSJi
Southern Hallway. 2S'5
South llvvy pref.. 05'
Studebakcr Co.... iny,
Stutz Motor .... 44
Superior Steel ... .ir.
Tenn Cop & Chem 14-; 14 14
Texas & Pacific. 21W .
Texas Co ISO 1R1 jm
ThlnJ Avenue ... 15 lfltf 15
Tobacco Products. 70' j 7fii, 7flj
Union Pacific ...128 128 128
Union Pacific pf. 7JJJ ...
Unit Alloy Steel. 38'
Unit Cigar Stores 102 102JJ 102,'S
U 8 Ind Alcohol.. 101 lOOlf 08U
U S Ilubber 07 G7ii 07JS
U S Sm Ref & M. 40
U S Sm It & M pf. 45
,U S Steel OSS 01 01
U S Steel prer...'llj
31H
41!i
'V.1'
58
71 !i
21:
82 1 i
T3H
100
8.'
34
45
081f
28J4
G7
SOW
44
34
41H
15X
58
7(1
21.
81
73
OSJi"
8X
liii
41
02
77i(
34',
10J
01"
405 (
C4'i
112J,
40',
62
'31K
41
' 15!,
58
'.Ui
215,
81
73
00
8J
Iletblf hem
Cosden Oil Gs ... 82
Cosdm & Co Os. .. 82
Cudahy 6s 100';
Itusslan (Sovern 1s62
Russian Govern 0s. 66
Southern Hallwa 5s. 99
Sinclair Oil Gs . . 80
Todd Shipbuilding GslOl
1011
G6
68
99'
84
101
1
11
'if
15 '4
100':
65
68
Little Schujl. 48
Lit Bros . .. 21
Mlnehlll ... 52
North Cent . 71
North I'enni 94
Pa Ni Bk pf 271
Penna Salt . . 86
Phlla Co ..31
Phila Co pi .111
P 11 T.. . . 26 N
P It T stfs . 2G
Phlla .1 West, o
Itwvs (Icnetal 2
Ton Mining . 3H
W J Sea .. 44
West Coil 73H
York Railway yt
York Rwjs pf 31
New York Bonds
PHILA. INACTIVE STOCKS-
Following nro quotations for Inactive
stocks listed In the Philadelphia Stock
i.xchaige and In whicn mere were no
lrani,actlon, today The price given is
the lajt previous close :
Acme Tea Co 79
AHUnce Ins . ID
Atner Gas ... 74 V.
Am Stores pf 90 H
A a War . . 7 V4
Am Milling . inij
Am Strs pf 90
Bur . Siisq pf r.5
Buf & Suq t e- 66
Cnmb Mcel 12t
Cambria lion J ir,
Cataw 1st pf. 52
Cntaw Jd pf 51
nieo Storage 62
Fourth S NB 180
lit & B T .. 10
lit li B T pf. 17
Ke stone 'lei 11
Leh Val . .70
LIVESTOCK. QUOTATIONS
( IiIciieo, No 'JU 1IOOM Kitlmateil re
m Ipts toilns III) mill, .ift over, lill'IJ liriul
V irtunlb nothing done Tind lliln unecnl
Inwir het hntn hrld nrnund $1H itunlilv
fnlr himil Avernlte eost VV eibuiiilal, ?17 1I4
I'AllI.i; Estlmitnl rcclpts today, 17000
heml
SIIKBP Estimated roclpts todas, 17,000
In ail
1'ltli.litintli, Vm .11 IIO(!"5 Ucrplpta
(lino head Inwir MtnvliH and heiw
viirkers 17 Sll is 7". Unlit orkem ,1741
17 J nlirs. Hi 'oil 17
SIIHr.i' AM) l.VVIIt rtoei-lnts , innn
In ml Inwer lop uneep ,10 top lambs
S1 1 .''.
CAI.VUS rieoelnts lno head Lunrr
lop Jill
Hint IltlfTnln. N. 1.. .oe 21 CATTLll
It. . Inls innn head Dull Cnlven n
iilrln lido head "lie hhrhi r, 7t21 "0
IKKIS Heielnln IJ (lull hoiut ritpude
lleivv mixed anil Mrkcr $1H. llttht vorkeri
mil piui ,17 1 in is, rougns. 51241 1(1 so
Mnux Sionn I '11
Slli:i:i' AND I.A.MHS UecelntR Tlinn
hunt Slow an 1 Iowit. Iimlis Jll ffi 1 1 2"
1 . nrllnKH $711J"ill wethers SH'IKUlU
eo t4gfH 71. inlxul ulieep. JlllffU 30. "
KlinsilN CltA, Nov
ei-lnta 400.0 hi ad
lions-IieeelptK 7000 hend
MII3B1' netelpts. 1110(1 head
South Oninlii, No J'l HtlUS Ilecclpta
7700 held Twenti cirn dl'ect
CATTI.B Ileci Ipta 4000 head
M1ECP Ileeelpts (.700 head Cars 2T,
GOVERNMENT BONOS
2s rrBlstfred 1910
Js mupon 101O
'Is ri'k'lstereil 101S
's 1 oupon 101H
Ih, rpklstrfd 1021
4. coupon 102.
Ps. teslntereil 1'tlil
s coupon 104(1
Panama Js r.KlMprril I'm:
1'annma 'Jn. rcBlnterod 1'ISS
l'annm-v Ja riBlntirru nun
I'amma 3a enupon..
LOCAL STOCK TRADING IS SMALL
A TVTT iTlfmTTTTm nnnT A T ' ' 1 mrmTi
1W3J WH11UU 1 ariLLilAJLi H HvAl Uij .
Ojicralors Assume Waiting Attitude Marine Preferred
Advances and Steel Common Declines Gen
eral Asphalt Common Is Lower
Hloek trading wns elull nnil the tono vvus vienk enrly today on the Phlla-
dtlphla exclihiiRe, n waiting nttltutle being In evidence nmong tlio fe.vv opera
tors who appeared for business uftcr the Thanksgiving holiday. Virtually all
transactions during the first hour were In small, odd lots, and no Issue at
tracted special attention.
General Asphalt common yielded ',, the preferred was. unchanged. Union
Traction lost a trifle and Tonopnli-Belmont came out at TiVednesdny's closing
level, as did Insurance Company of North Amerlcu. Other home stocks were
slow In appearing.
Although Mercantile Mnrlno preferred was lower on the big board It
turned upward for a gain of here, and Steel common, which sold ex divi
dend on the local exchange Wednesday and was ex In New York today, de
clined mote thnn 1 point from Wednesday's final quotation on the local board.
VI
Pennsylvania Railroad was steady and unchanged, while Reading Com-''""!
pany lelded 14.
Attention was utlracted lo Philadelphia Company consolidated Us, which
were active and ndvanccd V4 on stamped certificates. Other bonds were quiet.
On tho new offering of Ticimury cet tlflcntes the quota of the Federal
Reserve District of Philadelphia Is expected to be around $42,400,000, although
definite figures nre lacking from Washington.
Tho necessity for the resumption of Treasury certificates so soon after
the ending of the fourth Liberty Loan campaign Is shown by a glance at the
Treasurj statement. The net balance op, November 25 was 1,472,977,048,
which compares with a tecord breaking balance of $2,087,634,475 on Novem
ber 5.
On November 21 theie hod been pnld on the fourth Liberty Loan a total
of 15,157,439,959, leaving only about $1,750,000,000 remaining to be paid In
subsequent Installment and out of which there must be redeemed substan
tial amounts of Treasurj loin certificates outstanding.
NATION'S GRANARIES FILLED
C0111111crci.il Stocks of Cereals
Show Increase Over Last Year
II) the United Vrcs
yintdilnBton, Nov 29 The nation's
L'rnmrles .11 e well-filled with a vastly
larger commercial stock on hand than
that of .1 vear ago, the Agricultural De
partment announced todav
The statement shows that commercial
stocks of wheat on hand . November 1
imnunted to 271.925,910 bushels, two-tnd-i-lnlf
times as large as those of a
ve ir ago and an Increase of 51,928,071
iv or the stoek of October 1
This Moek does not repiesent the en
tln eiinunt icial stock on hand, nor doe?
It Inelude that held by farmers It
was held by 12.138 firms
Commercial stocks of other cereals
November 1 were- Corn. 17,123.734
bushels, oats, 79.775,204 bushels; bnrlev.
' I 462 197 bushels, and nt, 15.123 131
bushels In each case these figures show
laige increases over last year.
0 CATTLE p;e
Hid Aaked
. "I
as
. n
. iii4
urn'.
HUPS
1 ..
81
. lis
Ixm
101
96'ft
99 M;
94
10J'2
87
lib
95 'ft
8G
86i
95
78 '(,
76 M.
87 '4
80 M.
98H
9 4
98
.'HJJ
45
07
2S
o(H'
40H
41
34
45
07
28
07
fO.'i
44
14
isih
15
7.1'1
1I8U
102H
100
b7Ji
Utah Copper
Vn-Caro Chem ...
Wabash
Wabash pref A...
Wabash pref B...
West Maryland . .
West Union Tel..
Westtngh K & M.
Wheel & IM Vre.
Willys-Overland ..
Wilson & Co...
Worthlnston 1. ..
70
701,'
2' 4
7.1h'
52
OI4 Oh' OH
37'i 37JJ 37,'ii
23Ji
12J,' 13'J "l3
GOV
42M 42 M 42
10
2Vi 23;; 2.1'i
68 Co 07
51'i
04)i
52
oy
37W
'13U
"42'i
"sHi
18
Y Steel, 3'1 . (Ire-at
CtllfornU I'acklnx, 1,
l'A Canadian Pacific,
2V4Thvi hern Pacific 1V4 . Norfo k & W.t
ern, l'e: Sovaife Arms, IV,
Hx dividend N
Vnrlhern Ore. 2.
American KxPr.e
lUBUKr .tLlef-SH!!. .-
HanV. of England Statement
Iondon, Nov. 29. The weekly state
ment of the Bank of Hnglnnd shows
the following changes' Total reserve,
28,306,000, decrease 92,000; circula
tion, 66,990,000, Increase 786,000; bul.
Hon, 75,845,000, Increase 675,000;
other securities 100,992.000, lncreasi
1,113,000; other deposits 1143,749,000,
Increase 1,077,000; public deposits,
30,427,000, Increase 759,000; Govern
ment securities 62,629,000, Increase
841,000. The proportion of the bank's
reserve to liabilities Is now 16.20 per
cent against 16.50 per cent last week,
and compare with an advance from
in 3 rwtr cent to. 19.40 Der- cent In thin
week last year, .Tha clearings through
the Iondon banks for the week were
ftl0S.84B.0M, &8fl4t 411,370,000 lftf
niti air . iiV -K 1 " " "
11 1 Ell
1000 Amer Agr d 6s 101
63000 Ang-French 5s 96 'i
J4000 Amer For S- 6s 99',
1000 Am Tel&Tel 6s 94
31100(1 do 6s IOJV'j
700U Balt&O e. 4 '28 85
10(10 do 6s 87
5000 Praden Cop 6s 96
1000 Cen Leather 6s 95T4
2000 Chile 6s ... 86
1000 do cv 5s. ... 86
16000 Chi 13 & Q 4s.. 95,4
6000 do Ills 3'iS . 78 ",
9000 f M&StP r 4M.S 77
8000 Chinese lets Is. 87'n
1000 Col Fou 4 Vjs . 80Vi
17U00Clty Paris 6s. 98 A
600.0 Del & Hud IV.s 94
2000 Domln Can '31. 98 H
14(10 do '26 ... .97
110(10 French 11 5',aS.103l4
7(100 Iowa Cent 4s 47 'a
800(1 111 C rfd 4s 51s 91
87000 Inter M M 6s 103'i
50(1(1 LIk i& M T 5 91
127000 Llbcrtj Ud 3Vjs 99,20 99 02 99 (I
121000 do eonv 4s 95 30 95 00 95 00
6000 do 1st 4s . . 96 20 96 10 96 10
174000 do 4ViS 97.00 96 80 90 90
1900(1 do Is- 4Vis.. 98 04 98 04 98 04
213000 do2d4Us.. 90 90 96 76 96 81
1426000 do 4th 4 Vis 97 08 96 90 06 96
ZOOOOLjons 6s ....lUOMi 100 la 100
13000 Mo I'ac (ien 4s 64 i4
1000 Pa en 4 'is .. 99 99
2J000 U S S S F 6s. 100 100
15000 U K of O P &
I 5'4s 1919. 99Vs 99V
21000 do new 1019.1014 101'
1 30
101
96H
99H
94
102 V2
85
87
96
95
86
86
95
784
77
87 4
80 U
08 4
94
98,
a-'
1024 10314
47'.. 17".
91 91
103 102
91 91
64
99
100 '
99
JOl'a
NEW YORK COFFEE MARKET
New 'v.ork, Noy 29 The New York
Coffee and Sugar Exchange has received
the following from the United States
food administration:
"The Department of State having ad
vised us of the withdrawal of the lim
ited licenses nrrangement covering thu
Importation of Haitian coffee, this is to
advise you that application for the Im
port of this coffee Into the United States
made on the regular form to the war
trade board will have the approval of
this administration "
"Victory Banquet" to He Held Jan. 9
The date for the "victory banquet"
of Group I, Pennsylvania Hankers' As
sociation, has been fixed for Thursday
evening, Janu ir 9, nt the Uellevue
Stratford The executive committee
will later arrange for the speakers..
Financial Briefs
Stockholders of the Middle Cltj Hank
vv 111 hold a sp. clal meeting Mondas
M trch 3, to vote on applying for exten
sion of tho Institution's charter for a
lei lod of twenty years
Total sales of the Vulcan Dctinnlng
Company for the quarter ended June 30
were $452,183 against $429,161 the
stme quarter last J ear, or an Increase
of $23 021 Total net Income for the
qu irtci decreased $11 632
Tho New York Subtreasury gained
$111 000 from the b inks on Wednesday,
making a cash net gain since Friday of
$5,014,000. v
The South Porlo Rico Sugar Com
panv's consolidated Income account for
vear ended September 30 shows surplus,
after charges aiid war tax, of $1,345,923,
equal after deduction of preferred divi
dends to $18 24 a share earned on
$5,025,000 outstanding common stock
against surplus of J1.25P290 or $20.71 n
share on $4,500,000 common stock pre
vious vear.
RAILROAD EARNINGS
rWAIHAN NOllTHEIlN RAILWAY
llilS. Incrcaji
October Brora fl.l-.ionn $I.j31.4(m
.Nit nrter taxes... Hill,, -.110 J2M09
IVur months gross.. 111,8'iH noil 2 361 2mi
Nit litter tnxis... 1,337.700 U77.4(HJ
I'lTTMIlTtUir CINCINNATI. CIIICAOO
AND .ST. LOUIS
October Kross IS.Iltllt 414 12.470.292
llilnnco nflir tnxes. . I.OH4 11.14 1 3 0 , ,j T H
it oper. Income. 1178 njil 28,407
Ten month ktomh. . 72.J4U 4J 10 80S 761
llnlnntc after taxes. . 3 H1 1.11111 -Il U43.18H
.Nit oper. Income. 3.801. 4HU 6,747,041
Canadian r-Acinc
October, net 3.083.K31 31,133
Dei rease.
Mineral Flooring
Attractive In appearance, sani
tary, durable, fire, vermin and
damp proof, elastic to thu tread
and almost noiseless. It Is the
Ideal flooring for kitchen, bath,
store, cafe, restaurant, storehouse,
hospital or factory. Easy to clean,
as baseboard and floor are one
cnntlnuoun line. Kconomlcal to
Install. Write for full particulars
and prices
Phila. Mineral Flooring Co.
5632 Summer St.
BIG DREADNAUGHT UNDER WAY
SupcrwaVship Will Be Launched
Soon at Newport News '
Newport News, Va Nov. 29 (By
A. P.) With the lifting of the voluntary
censorship It now Is permissible to re- '
veal that one of the great super-dread
noughts authorized In the 1916 three- '
vear building program Is well advanced
In construction at the plant of the New-
port News Shipbuilding and Drydock ,
Company, '
'ine Keel or me uu.uuu-ion oatuesnip
wns laid after the country went to war,
and, In spite of the call made on this
jnrd for thirty-two destroyers to fight
the submarine, work on the big vessel
has progressed satisfactorily. The hull
has taken shape and probably will be
ready for launching within a few
months.
This monster man-o'-war will mount
eight 16-lnch rifles In four turrets on
the center line, two forvvnrd and two
aft, and naval officials believe that she
will lie the equal. If not the superior, of
any vvnrshln afloat. Four of these shins
vvera authorized and another is to be
built hire and two by the Fore Itlver
Shipbuilding Company at Qulncy, Muss. '
WANTED-A PRESIDENT
New York State League Seeks Bill
Clymer
Kirnnton, Va., Nov. 29 The name of
William Clymer, manager of the Louis
llle team of the American Association,
Is being mentioned for president of the
New York State League. If It reorgan
izes, or the proposed new Pennsylvania
State League, which may Include Scran
ton, York, Bethlehem, Harrlsburg, Itead
Ing Wllkes-Barre, Lancaster and Allen
town. Michael O'Neill, former big league
player nnd former manager of the Syra
cuse, Elmlra and Utlca teams, has also
been proposed, though It Is not certain
either man would accept the position.
TlKl
y. York tots! M1V
BAR SILVER
I.llt 1Q18
XCMi PTl- HI
a1'
Victory and Peace
1
Certificates of Indebtedness
On December 5th the United States Government
will offer
$600,000,000
Certificates of Indebtedness
bearing 4 interest
Due May 6th, 1919
.
Although Victory has been Won, the Soldiers
and Sailors must be brought Home.
We Solicit Your Subscription!
COMMERCIAL TRUST COMPANY
Member of Federal Reserve System
City Hall Square
H" f
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