iwim''i
SfT- --,
W
,
;
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v.
EVENING PUBLIC LEDGEft PHILADELPHIA, MONDAY, DEOE3
R"9, 1918
-
18
4-
NEWS OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK PRICES
- i . . i
.'.
K
$5
LV'i
'
Pn-
fe.H
b'., ,
II
K
k.V
W
Lrf
r
i&.
V-
'
ir.
'),. ,
.. j
-
i
United States
and Allied
Government
Bonds
We recommend for Invest
ment and are prepared to
buy or Fell: . . .
United States Mliertr Hands
all lFSUCS
American 1'orelgn Securltleii
5 Vr. 5s i"!2iS
Anglo-French S lr. ?;
Argentine Oovt. 5....1'3
Clrv of Ilordeaux 3 ir.
flu .... ,1019
City of Lynns .1 Vr. n..1010
Cltr of Marseilles S Tr.
da 191l
Cltv of rnrl 3 Vr . 1021
Dominion of Canada War
Loans, all Issues
FTenrli Republic 3s .19S1
Imperial Japanese finvt.
4. !' and 2d Series.
Vnltcl Klnr.. Orent Hrltatn
6 Ireland 6s 1019 & 1031
Frazier 6- Ga
Investment Bankers
Broad & Sansom Sts., Phila.
211 11. Redwood St.
IMPORTANT CHANGES IN NEW YORK
STOCK MARKET TO HIGHER LEVELS
Industrials Become Leaders After Early Spurt in Low
Priced Railroad Issues Specialties Advance.
Liberty Bonds Weak
iVcto York Stocks
High Points in Today's Financial Nctvs .
' Gains irrro recorded by most isvtcs on Xcio "York Stock Exchange.
Industrials, low-priced rails and specialties attracted attention. Many im
portant issues u-crc in good demand nnd scored advances on the Curb.
Corn prices rallied after early irregularity. Cotton showed nervousness.
Foreign exchange remained steady and virtually Unchanged. Loans, de
posits and reserves increased in the weekly statement of the Philadelphia
Clearing House Association. Bar silver icmalncd unchanged in iS'cto York
and London,
Adams Hx .... 56
Adv Itumely .. 25
AJax Hubber.. 67
Alaska O M... 4
Alaska Juneau. 2
Al-Chalmers Co 30
do prof , ... 83i
Am Beet Sugar 61
do pret .... 85
Am Can 47
do pref .... 97
Am C & P Co.. 8674
Am Hldo & li. 14
do pref .74
Amer Int Corp 56
Am Ico Sec... 41
Am Linseed... 42
do pref 84
Am Loco 03';
Am Smelting.. 85
.Am Sum Tob . 997
'Am Steel Fdv. 91U
iAm Sugar ...111 111 111
I Am Tel TAllft.1 10214. 1021A
Low
66
24
67
4,
2
ZD
83
60
85
45
97
85
14
71
65
40
42
84
63
83
98
il
Net
Close, ehgo.
56 t
Si
2 11 Oklahoma Producing Contin-
ucb to vainuj ivcyaiuiiu Aim
Movcb Up and Later RcactB
Balto.
WAYNE COAL
Property and Equip
ment Low Cost Produc
tion Marketing Facilities
Earnings
Analvsli et this rromitlttt romrmu
unlfed on request no obhaation. tut
in. tear out and mail coupon.
ScnraBT&BEERY
.IPInl.T '"I'' Nf(M-K i:X. Of N. V.
628 Widcncr Bids., Phila., Pa.
rh.t Hell, Wed. 4080 Race 400
New York Ofllee 30 llroad St.
rnlVATB WIRE3
The Money You Spend Comes Dark In
the End BUY W. S. 8.
N'pw York, Dec. 9.
The stock market gave anotlier exhibition of strength In today's
trading, although It could not be snld that sustained progress was mado In
an upward movement. Stopks were In demand from tho opening, with
nearly nil tho Important changes In tho shapo of advances and with a
general broadening of outside interest which was reflected in advances
In tho industrials, tho movement in tho low-priced railroads becoming
less vigorous for the time.
Bethlehem Steel "B," Baldwin Locomotive nnd other stocks in this
group moved up moro than 1 point, and there was persistent -buying
which mado Crucible Steel one of the most prominent features of tho day.
United States Steel common made an advance of moro than 1 point
in the early trading, and some specialties, including Industrial Alcohol
and Mexican Petroleum, moed up t points.
Other specialties made gains ranging from 1 to 2 points. A few of
tho low-priced railroad stocks were strong for a time after the Opening,
but speculatKe interest was quickly diverted to other groups.
llarly weakness in the lofal traction stocks naturally attracted atten
tion, but after declines in Brooklyn Rapid Transit and Intorborough Con
solidated the losses were recovered, with most of tho demand consisting of
covering of long outstanding shorts.
Tho weakness in the Liberty Issues overshadowed everything else
in tho trading of the bond market, tho fourth 4Us, which were traded In
on a hugo cale, dropping to the new low record of 95 76.
Interborough Consolidated 4s dropped from Gl'i to oO1.
i
MODATELY ACTIVE J COTTON ENDS LOWER
Am Tob 195 195
do pro new.. 100 100
Am Wool .... 68 67 U
do pref ....'. 96 96
Anaconda .... 66 66 'i
Assets Ileal Co 1 1
Asso Oil ...... 66 66
Atchison ..... 95 94
do pref 00 89
Ati c; & w i.. in n
Baldwin Loco.. 76 75
Balto & Ohio.. 55 65
Bafrctt Co ...110 109
Uatopllas. Mln. 1 1
Beth Steel .... 66 66
du B 67? 66
dn 8 p c pref. 106 106
Bklyn Itap Tr. 87 36
Booth Fish Co. 24 24
Burns Bros ...154 154
But Cop & Z.Co 7 "
But & Sup Cop. 20' 207s
Cul Petroleum. 23 22
do pref . ... 69 5a . 8
Cina Pacific, . 161 160
Central Leather 623i 61
Chandler Mot.. 10!, 1061 106
l liren, .V: Ohio.. 65, 57-V 8-i
. HI Ut Western. 0 9s
do pref .... 20 29
Chi M & Sir... 47 47
do pref . ... 79 79
um It I & V t c. 28 Ji
1 do 6 p o pf.. 71
CHI & P 7 po p 84
Chile Copper . 19
C'hlno Cop Cop 38 V
Cluett Peabody 64 7s
C'onsol Gas . . .103
Corn Prod .. 48
. Crucible Steel-. 58 7
do pref 90
lOunnn Am Rug.160
i una Am Hug. si1
up prer
an
83
60 1
85
47 1
97
86 1
14 4-
74 2
65
40 .
42
84
63
to
99
91
.
i
195 3
100
67
96
.66
1 ..
66 1
95
89 ..
110 ..
76 1
55
109
.1
67
106
37
24
164
iiH
CURB PRICES ADVANCE;
MARKET TONE STRONG
81
TRADING IN CORN PIT; AFTER IRREGULAR DAYSC0 ;l
I Dlst Secur .... 497s
I i:ik Horn Fuel 29
, . . . Drlo Gen Leln 59?
Kemoval of Restrictions on ! !2
ne isi pr ... -
Setback in Cash Causes Heav
ier Tone Export Demand
Brings Firmness to Oats
.
V'
e
Out To-morrow I
"COPPERS"
one of the most complete
' and timely vest pocket edi
tions we have ever pub
lished. This fortrard lonMnj booklet
It cimmmeil with the lttt
reliable Copiwr Information
inl fXchiRhi, detail main of
tllP whol liny. Kir Robinson,
lMitte nntl Jpromo Verde dli-t-lct
Call or aril tot BooHI T. V. Ail
JONES & BAKER
SECURITIES
Wldener Bid., Philadelphia
Phonn Bell, Walnut 1690
f aef'(UHf, ! 9U
jltw TOW riiiiooran
Chletio Dlreei Prieate Wlrti Booton
, Chlraco. Dec. 9
' T'HaHlA.1 ipftnth., in V, a Wuaf II Ml t
stocks and an Improvement In the cash
article, following weakness due to he.-ny
receipts, led to a gogd demand for corn
today and rallied the market after it
had been Irregular. Trade was only
moderately active and mixed.
Tho start was mixed, with commis
sion houses and local bulls furnishing
support, but the former turned to tho
telling side, on tho heavy arrivals and
the setback in cash, and tho tono be
came heavy.
After fluctuating nervously, prices
finally were established at better levels
I on covering by shorts and new Invest
' ment nurchaslne. Commission firms han
corn for sale on bulges.
Oats finished firmer on reports of a
good demand for export, which Induced
I buying of futures, although the action of
I corn tended to keep the market unset
, tied for a time. There was considerable
' hedging by caBh houses against Increased
; purchaFcs In the country,
""On tho brcali however, local Interests
covered freely, and there was new In
vestment huylng by commission concerns.
Leading futures ranged as follows:
Corn (new delivery)-
Sat
uiwn linn iovr
Jon . .. lis i.Biji
May .... 1.2S 1.30.
-1
Short-Selling Helps to Re
store Confidence
BarnetOil&Gas
BOUGHT (OI.n OCOTED
G4RKt
Morton It. Alexander
Phila. Stock Exchange Bldg.
27 William St.. X. V. City
1
1H
iy ....
Oats
Jan . . .
Mav . .
Lara
Jan 26.20
May ..25.20
lllbs
Jan . . 2!5.r,n
May . . . .24 35
Fork
Jan 48.12
Hfifv
1 'Did. tAsked.
Close close
1
1
72i
1 27 1.31 1
i .its l.au
71H 72
71 72
26.32
23 4U
25 RO
24 73
4n nn
44 3'J
26 20
23.20
25 sa
21.55
4! 12
44.00
26.30
23.33
71
71S
26 1.1
25 27
Fisher Bodv .. 36
OWston Williams 31
I Uener Cigar Co 49
.General Motors 126
Gen Motors or 82 '-i
Goodrich 56 '4
. , do pref. 104
" "'k. Dec. 9. ; Great North pf 97"
Tho cotton market was Irregular to- Gr N Ore subs 31
day nnd finished lower. Greenc-C Cop.. 49
Announcement of the removal of re- ) Uulf States S. 69
strictlons against foreign and specula- I JJar,rna" Corp. 54
tlve short-selllnr of contract helned in ?1' Central. 98
restore confidence early and, after an
Insplra Cop.
48
Int-Cons Cop.. 7
easier sian, oue to n continuation ot d0 pref...... 30
Saturday's selling movement, unfavor- int Harv Corn.116
able reports from New Bedford and Int Mer Marine 27
aiancnester, tno list stiffened materially. do pref
The advance met considerable oppo- IndeJ""' VaBp."" H
sltlon and prices weakened. Later, int Nickel 3'
fluctations were mixed. int ftap Tr'p'f! 80
Judging from the talk on the floor. J?wel .Tea- ?r
the fleures of ihft ppnsiiR iiiirpnn nn tb ' tvan -lty bo., il
quantity ginned to December 1, Issued
at the outset, suggested a final estimate
on the crop by the Department of Agrl
culutre. Wednesday afternoon, smaller
than tho end of September forecast
The close was barely steady.
71
84
19
38
64
103
47
57
90
150
30
81
6
10
13
48
29
Sils
111
32
36 S,
31
48
126
S2U
56 56 1
104 .104 7i
OGTfi 97
31 31 ..
4 49
69 C9 1
54 54
98 98 2
48 48
6 6
28 29
114 114
6 27
V ,. Am Writing
t J? Air Ileductl
T ' I Canadian C
Can Car &
20
22K, -1-1
09 1
160 ,1
62-l
1
9i -4-
29
4;
79
23
71
84
19
38 4-
64 2
103
47
68 1
90
160 14
30 Ji
81 ...
6
10 . ViJ
13
49
New Tork, Dec. 9.
The curb market 'continued to show
a strong' tone, with many important
stocks In good demand at advancing
prices.
There was a general understanding
that Important financial Interests and
some of tho nockefcller family have
becomo actively Identified with Okla
homa Producing and that stock, which
has been quietly absorbed for somo time,
advnnced to 10 during tho forenoon.
Midwest Refining sold at 135 and
136 nnd International Petroleum was
traded In at 13 and 13. Cosden sold
at 7 and 674-
Aetna Explosives continued Its upward
movement, selling at 6 and 7. Wright
Martin was heavy, with trading at 4
and 4. United States Steamship sold
at 5 and 6.
There was a further advance in Key
stone Tire, to 34, followed by a reac
tion to 33. United Motors ranged from
34 to 34. British-American Tobacco
sold nt 23 to 23U.
Gcncrnl Asphalt was strong, selling at
37 to 38 Submarine Boat declined from
12 to 11. Interborough notes wtre heavy,
selling down to 97.
Burns Brothers Ice was In good de
mand, wlthVrnnsactlons at 48 to 49.
INDUSTRIALS '
Sat. oIosa
Ask (snle)
6 6
Philadelphia Stocks
Hlh Low
lOOAHIsChal 29 2D"
ICTNJ, 90 90
lOOKleo Stor 63 53
2609 nn Anh 3BU 37
1025 do pref 77 74
10 Ins CN A, 26 26 ,
lOOKenne C. 36 36
200 Lk Sup C 18 18
'20 Leh Vnl.. 60 60
265Pennaim 47 47
60 Pa Salt M 86 86
78 Phila Kleo 26 23
942 do war
w 1 . .
21 Ph Tract 69 69
220 Beading.. 84 84
100 dolstpf 38 38
..10 So Ilwy. 31 31
1 05 Ton Bel.. 2 2
370 Ton Mln. 3 3
189 Un Tract 41 40
UUOI., 72 72
785 U S Steel 97 96
Close
29
90
63
39
77
i
Net
chge,
T?i
V
i
26
36
18
60ti
47 ii.
86
25
u
8
6
84
38
31 1
41
72
9674
ATTENTION OF LOCAL TRADERS
CENTERS IN GENERAL ASPHALT -
Totst sales. 7002 shares, compared -with
!370 shares on Saturday.
Net
Close jhic.
Vi
96
72
67 '
Aetna Explosives . . .
Am r.Tlt Mfg
Am Marconi
Am Writing Paper. .
Heuuction
Car Co. ...
Fdy nfd..
Charcoal Iron
Chevrolet Motors ....
Cramp
Curtlss Aeroplane . . .
Carwen Tool .'
Carbon Steel .'.
Emerson Phono
Ilendee Mfg
Lako Torp Boat. . . .
Lehigh Coal Hales..
Lima Loco
Maxim Munitions....
N Y Shlnbulldlng
N'or Am Pap Pulp'..
-t-l1 . .)Ki ajcunur
Peerless Motor .
59 (Toole ung ,....
9 u ' Scrlpps-Booth ..
32 u i Standard Motors
il6 y. Steel Alloys.
31 4. i Submarine
4gu ..lit 1st Joseph Lead...
126U -- ii'Todd Shipbuilding
sC .. is .Triangle Film ..
Bid
6
o
4
2
65
28
70
7
140
, 85
12
90
1
10
t
87
33
35
2
55
In
40
16
S
8
11
, 14
. 95
.11474 113 113
31V
Dec .
Jan
Mn rrh
Mnv
July .
Oct .
Kelly Sprlngfi'd.67
Kennecott Cop. 36
Lack Steel . . . . 72
Lehigh Valley. 60
Lee Hub & Tire 23
Lorlllard. P...160
lioulsv & Nash. 120
Mackav Co nref 64
Saturd-s Toda's 10:10 11:30 1 30 2:30 Max Mot 1st Pf 52
clou opn r m m r m pm I rtn d nrer 211
. 27 71 27.00 27 nn 27.110 27 .11 27.51 m, t?J? lAi K1
. 20 6.1 .. . n.i nnT 20 07 2 7 ?av j?e.pt, tor,?2
. 'J5 43 2.1.13 2.1..V, 21.14 2.1 in 25 "A JIex Petrol ...163
. 24 fill 21 an 24. M 2l.5n 24 15 24.23 Miami Con Cop 26
H? SQ s? 52 H?2" HJ-H1 l:.,-25 -3A:i MldvalelSteel..45
. 21.83 JI. So 21. j5 21. 5j 21.33 21.63 jr . st L. new. 14 '
Mo. Kan & Tx. 6
do pref 134
Mo Pao 28
7.1 2", 51
70 24 02
4S ,10 4 10
44 30 t45.U0
ANNUAL MKETlNfiS
rj-i OWIt'K OP TI1K (ilKAKI) F1KK
lE AND .ILMtl.VE INSUKANCE COJ1
VANY, Pnlladrlphla. Vn.
Annual meetlns of the (llrard Fire and
Marine Insurance Company, for the election
ol onicera nnd directors and the transaction
of such otli r business as may come before
the meetlnir will be held nt tho office of the
company, l.ortheast corner of Seventh and
Chestnut .-treets. on Tuesday, January 7,
HIV, 4.: tl.J'J a m
EDWARD J. TIIOMASON.
Secretary.
BAR SILVER
Last 1018
Today Pat. Mon. Illch Low
N. Y. (cts) 1011, 1 OH, 1.01 ', lnii, 85
Lond'n (pee ) 48,-, 4SA 48 49 42
68
79
30
do pref .
Mont Power
Nat Acme
Nat Con & Cab 17
Nat Biscuit ..110
Nat Enam & S 46
Nat Lead .... 68
NUB of M 2d p 9
Nev Con Cop. 19
N O T & Mex. 36
New York Cent 79
PHILADELPHIA MARKETS
GRAIN AND FLOUR
TVIII7AT neeelDfs. 181.507 bushels
i Steady, with a Bond outward movement
The follow Ine were the rznee of quotations
Car lots In esport elevator. Oovernment
standard Inspection, standard nrlcesNc I
red winter, J2.80-, No. 1 northern snrinr.
2 8tl i No. 1 hard'wlnter. I2.S0; No. f red
1.STA1K OF W1LLLU1 F. IIUV, i S X'No 2 red wfnter. 2 30i No 2 north
2Sf rceaked LetterB testamentary In ern jprlnir. 2.30; No 2 hard winter. I-3":
. Wo. rea winier. Kiiriiv. wi00., Vn 4
im,,i,v SI S3. No 3 red winter. J2.3J No. 3
Less Cotton Ginned
Washington, Dec. 9. The census bu
reau In a report issued today placed
the amount of cotton ginned from the
growth of the crop of 1918 to December
1 nt 9,563,121 bales, counting round as
half bales, compared with 9,713.529 In
1917 and 10,352,031 In 1916. Number
of round bales Included this year Is 134.
150, against 175,672 In 1917 and 177,662
In 1916. Number of Sea Island hnles
incluuea tnis year Is 25.741 against 77.- N Y S & W pf . 80
755 In 1917 and 102,496 in 1916. Num- N Y N II & H. 36
ber of American-Egyptian bales included ' Norf & West. . .107
this year Is 10,170. Distribution of Sea ; North Pacific. 96
Island cotton In 1918. by States. is:Ohio Gas .... 43
Florida 10,163, George 12,044. and South Ontario Silvery 7
Carolina, 3534 bales. Corrected statistics Owens Bot ..T. 67
of the quantity ginned this season prior Paclfia Mall .. 33
to November 14 are 8.706,970 bales. Pan Am Pet . 66
.- Penn R R ... 47
Peo Gas & C. 56
'Pere Marquette 17
Phila Co 31
Pitts & West . 36
Plerce-Arrow,
! uu...
n..A.i . i'irt i na ...
pUekinty'i-7ra,-::8.c:,rooT,tI,r"' :;!,21c. Durks, ny Steel Spg.
LEGAL ADVERTISEMENTS
the abbe estate ha vine been Kranted to 'hi
undtrllK-ned. all persona Indebted to sa'.
estste are requested to make payment, and
those havlnc claims to present the inue,
without delay, at the office of the Corporate
Executor. 400 Chestnut st . Philadelphia.
THU PROVIDENT LIKE AND rHUSl"
COMPANY OF PHILADELPHIA.
ASA 8 W1NO. President.
MARY nVANR TRAY
ITS5' DAVID SOI.MOM SOLD IIIi CANDY
13 and clsar store, 1103 South Third st..
to Jacob Hoffman. Send nil claims and pay
bills to EMANUEL KLINE. Fifth and Ells
worth sts.. by Monday evening. Dec U.
PLAN FOR STEEL'S FUTURE
moderate) offerings, but trado was ciulet. The d!5'
quotations were- Fowls, nrcordlnlr to nual. p,erce
Ity. 2SR32e: sprlns chickens" acfordlna to ' Pitts (
44
16
47
74
31
63
31
79
32
21
C7
30
71
60
22
159
119 120
64
52
21
62
169
25
45
13
6
13
27 74
68
79
30
16
110
46
68
8
19
36
78
80
36
107
96
43
7
67
33
65
47
65
17
31
36
63
31
80
32
21
67
36 --a
72
UU-ri ..
23
159
64
62
21
63
161
25
45
13
6
13
28
58 ..
79 2
30
17
110 1
46 1
6
4
3
65
35
90
8
150
90
14
9
100
174.
20
2
91
88
40
2
60 .
17
60
30
9
8
11
15
100
5
24
4
$300 Am Gas &
Kief 5s 86
4000 City 4s '47 96
100 Kl & Peo
Tr 4s.. 72
1000 Lake Sup
Ino 6s.. 67
1000 L-eh Val
6s w 1.103 103 103 ..
lOOLlb Bonds
4s .... 92.60 92.60 92.605.28
100 do 4R 95.50 95.60 96.60 60
lizau (10 4(11
4s.. 95.8G 95.50
duuu l'ncocon
6s stpd. S7
10000 Phila Klcc
1st 5s.. 95
28000 Reading
gen 4s. 88
3000 Un Itwys
t c 4s.. 57
86
96
72 74
57
.87
94
57
95.70 .E4
87 H
94 74 ..
88 7;
-6
Common 'and Preferred Active and Score ..Wide Ad
vances Other Home" Stocks" Are Neglected.
Liberty Bonds Decline '
The outstanding feature of today's trading on tho Philadelphia 'Stock 1
Exchange was tho activity and strength of General Asphalt common and pre- (
ferred. More than 2500 shares of tho former changed hands and Its price
advanced 2 points to zt, tlio highest level reached Blnce 1914, from ffhlett
there was a trifling reaction, while the preferred, on a. smaller turnover,,
advanoe'd as much as. 3 to 7774, also a now high since 1914,
Generally tho Street considered tho bullish position of these Issues only
what was to be expected nftortho strong demand of tho last week during;
which they moved upward after a period of Inactivity, and many expect to
soo tho prices continue their rocketing course, owing to the extensive uso ot
asphalt, anticipated with the renewal of road building and other reconstruc
tion work In this country and abroad.
Most other homo stocks were neglected, but the market undertone was
generally firm. Philadelphia Electric stock appeared unchanged, 'but th -fy.
warrants, which were fairly active, gained slightly. Electric Storage Bat
tery reacted , Tonopah-Belmont nnd Lake Superior advanced iv little, but
United Gas Improvement, Tonopah Mining and Philadelphia Traction wer
lower. Union TractlorT was off a trifle, but recovered tho loss before the close.
Ralls took the same course as on the big board, Pennsylvania, Lehigh
Valley and Reading Company all making ,falr advances.
United States Steel common was slow in coming out, and, after' being:
up moro than 1 point early, lost part of its gain.
Iri the bond division Liberty Loan Issues were weak, the widest chang
being a 'drop, to 92.60 for the second 4s. Reading general 4s were active and
a little below their previous salo price.
. -
-" -I
l
57
Total sales, 162.850, compared with 10500
on Baiuraay.
Local Bid and Asked
United rroflt Sharing
U S Steamship 6
United Motors 34.
World Film
WrlghtMartln Air .. 4
Zinc Concent 1
STANDAllD OIL
Illinois 160 160
Ohio , 315 320
Prairie Pipe 282 28.7
S O Cal 228 233
S O N J 580 585.
SOS Y.-. 285 288
2
8
11
E
ft "
4 4
Am Stores
Iluft & Susq t c.
do preferred. ..
Drill J U
Baldwin .... : ..
Elec Storage . . . .
Uen Asphalt ....
uo preiorrca
eyi
tdo nreferred..
Lake ijup Corp .... 18
roenisrn .-nav i
Lchleh Valley . . ... . 00'
Lehleh Valley Trio. 14
ao prorerrea . . . .
Fonnslvanla ....
rhlla Electric ..
Phila Co
donpc prei . .
do 6 p c pref ..
Phila R T t c .
Reading
Tonopah Belmont
Tonopah Mining
Unlon'Tractlon ...
Unl Uas Imp ....
U S Steel
York Rwy
do preferred...
Wm Crump ...
167
318
285
283
INDKPUNDENT OIL STOCKS
Barnett Oil & Gas...
Cosden & Co 6 7
Klk Basm 5 6
Federal Oil 2 2 74
inter I'etroi 15
Houston Oil 75
Merrltt Oil 21 2
Midwest Refining ...135 137
Met Petrol 1 1
Ohio Fuel 13 17
Oklahoma Ref 9 974
Sapulpa Ref 6 7
sequoyan Vj
Sinclair 20
6
16 l15
77 74
22
137
li
J
Today Saturday
Did Ask Did Ask
29 . . 20
07 .. ll
33 56 35 , 50
24 . . 25
7fl 7B 7.1 75
63 04 53 54
88ji H8 U4 37
77' 77 74 74
lu lltf 10 11
40 .. 4U
18 17 18.,
72 71 72,
00 00 60
.. 12
4 . . u ...
47U 47 47, 47i
23 23$ 23i 23
31(4 81 Ht 31
llll 31 30 31
83 33 33 34.
2(l)i 20 2(1 2UJ4
b4j! 84 84,, 84
U. 941 'Hi. 2U
:iiV 3
10 41 41
724 78 , 72
07 1)7 DO1
7. .. 7
31 .. 31 ..
80 5 . 80 83
IK
41
73
90
Ncto York Bonds
99?,
92
95
102
8
91
84
9574
,1s
t
H
1
3
4
Representatives of Industry Aid Prepa
rations for Washington Conference
New York, Dec 9. More than 100
representatives of all branches of the
'Iron and steel Industry attended a meet
ing at the Waldorf-Astoria Hotel this
morning. They had been summoned by
the general committee on steei anu steel
products of the American Iron & Steel
Institute for the purpose of expressing
views and recommendations as to the
future policy and prices.
The membere of the general commit
tee will meet with the war Industries
board in Washington on Wednesday,
when they will put forward the views
and recommendations of the industry as
outlined at today's meeting,
?
rt
DIVIDENDS DECLARED
Loose-Wllea Biscuit Company, quarterly
of 11.75 on first preferred, payable January
1 to holders of record December 18.
Jhiay Department Stores Company, quarter
ly of 11.75 on preferred, payable December
a ,. -i a to noiaers ei recoru ueccniucr u.
'-.iy Morris and Essex Railroad, a dividend of
id noiaers oc
J-"3L"".;,i" ; "I "taVn winter.
12 32 No. 3 red winter, sarllcky. --32,- A2
8 red smutty. ,229: No 4 red. 2 SO; No 4.
tarllcky. 12 28. No 4. smutty. J2.27. No 4.
nrlieky smutty. 12 26- No 5 red. J-'.28:
No 5. KarlKky? 2.2. No 3 smutty. 2.23i
No. 5. carllcky. amuttv, 12 24.
CORN Receipts. 2311 bushels. Trade was
dull, with ho chanse In prlcs. 1e quote
vellow In car lota for lacal trade, as to
quamy and location, at S1651 70 per
iinei. ino inner .", vnu.vv "
rTH nrelDts. 50.347 buushels . DeJ
mand was Ueht nnd prices were V4c lower
Q?t'?"i'.-F"'.5.,J,,..W?:"Siuas2r-
5om'!' h.Ter?l8ic, No. 4'whlte, 70
80c J .
FLOUR Receipts. 1.141,315 pounds In
sacks. Tho market was quiet, but prices
were well maintained. Quotations: To
arrive per 190 pounds In 08-Pound -Winter
Pwheat. 100 per cent flour. 110 259
10 65! Kansas wneai, j' - v -- - ":
$10.83 11.20: sprlne wheat, 100 per cent
flour, S10.85ail.20
nvr, , nun r,l, and steady. H(
nuot. at J0O10 per barrel. 4n sacks, as to
quality.
PROVISIONS
The market ruled steady, with a f""',.
bins demand for most descriptions. Follow
lnr were the quotations: City or western
Lbesf In sets, smoked. 48c, city beef in sets
SmOKeO. SOc; Cliy urn in V ', -"''""- ""T
sun-dried. 40c: western beef, knuckles and
tenders, smoked. 49c. beef hams. 100; pork,
family. 3433: hams. 8. P..r"rr3i, I00!!
87f87c; do. skinned, loose, 3737c: do.
do. smoked 390394c other hams smokd.
city cured, as to brand and averare. SOfl
.,,.. ,... mmtVA. wl,ra rured. S9(4
8o3c! do. bo'lled. boneless. R3c; picnic shoul
ders B. P. cured, loose. 2Rc: do. smoked,
nni. t..iu. nil.1 ttppnrdlnr to averase.
loos's. 33c; breakfast baccn. a; to brand I and
J....rn nt i!.ri lard, weiterti reflned.
a9W20V4c Urd, pure city, kettlo rendered.
ZVOSUViC
n IVfrV? pJlr' "r,S0 riRPun ol.l. per pair
DRESSED was quiet but steady, with nm
pie ofTerlnirj. Quotations: Tilrkfis sDrlnc
choice. 3040c, some fancy n"rptnek
hlKher: do. do. fn r t nn.f ,.?ln.CK
do. common. 30B83c. do. old toms .U 3"
do. old hens. 3337c Freah.lcln,i e..ii'
In bbls.. fancy, dry-plcked Fancy selected
3i: welRhlmr 4V lbs. and over apiece
4th e; welshlnc 4 lbs apiece. 3334c-
Bmk" "'Sr8' -'t,301;- Old roosters, dry!
picked. 27c. Roast n? ,M,in. .. -..li
dry-picked. In boxes Welching 4 lbs nnd
oyer apleco. 36c; welKhlne 4 lbs apiece asp-
do nref
Royal Dutch..
Saxon Motors..
St L S F
do pref
99
98
8
17
33
36
78 ..
80
36 74
107
90
43
7 ..
67
33
66 1
47
6574 U
17
31
3674
iK io3 1 1
47
74
22
84
76
99
BVa
MINING STOCKS
Alaska Standard
Atlanta - r
Big Ledge 1
Butte New York
Con Arizona 1'
n W R Xr .Tprnmn ai
First National 2
Goldfleld Merger s
Goldfleld Cons 27
Goldfleld Florence ..15 s
Goldfleld Kewanas .. 7
Green Monster
Hecla Mining C
Howe Sound 4
Independence Lead . . 1
Jerome Verdo ft
Jim Butler 38
Jumbo Extension.... 14
McKlnley uarragn. ... 40
Mngma Copper 29
Mother Lode 34
Mines Co of America.
Nevada Hills....'.... 3
Nevada Wonder. . .,. .
Nlplsslng 874
Ohio Copper
Ray Hercules 3
San Toy 8
Tonopah extension . . 14
United Verde 36
West End Con 1
White Caps 13
Ycrlngton 4
14
7
197i
40
674
liV
-i
687i 1
9 4-
19
9
29
25
9
5
4
3
40
16
48
29
36
1
6
7s
6's,
74
3
9
18
37
14
6
Eft
48
2974
35
'H
9
17
81
83
88
64 74
95
83 ft
88
64
95
75 76
8174 t814
89
987i
87
97 7a
97
97
89
9874
87
97
97
97
53
10 71
33
9 74
11
47 1
74 vtr
22 94
84
76 1
99 ..
97 4-1
8
16 Is
Ai
74
21
166 .6
titx f
5u'ffl!insiil'1 lbs apiece. S3W34c; welchine I Standard Mill. .120
nawariia TuniiSFV
,-T, ,-. --.. w
ir' IsivJ'. I. Ca Tbreahlns Machine Company.
rieny ui e u, h,cv.cv iuj,ui.
r .January 1 to holders o( record. December 10
. Y ,f flOc. payable January 4 to.holders of rec-
rr a T.rw.. oa
. VJ S. U JCiesse Company, semiannual of 2
Sir nt on common and quarterly of 1
it rjtr cent on preferred, .both payable Janu-
-j. ary :x ro noiaera oa tchiiu vw w.
31 r .North American Company, quarterly of
JH Por ceni. payw,w ,,,. - v .
ft . of record December 1-
.- w i . n..h.nv and Western Railway Company.
r" ?iinnual of 3 payable January 3 to
tyj? ' '-.'kAldera of record December 23. '
r .-. rv..k- nsilroad Company, quarter
"' lrf M cents, payabte January 3 to holders
; S-raeord December 17. ,
..iiih r,in, nrart(nn Comnany. nuar-
i .tertr of $1 on preferred, payable January 3
'ttt4LriSk i?.Cri,m' River llal.rosd
1. , V . "
SiW
on the common
anuary J to
Tork Lackawanna and Western Hall.
REFINED tjUGARS
The market was quiet but firm on a basts
of Oo for Una granulated.
DAIRY PRODUCTS
CHEESE Was carre and higher under
VD.f ins. anleea. 9nf7qla t ..-
chickens, western. In bbls Welehlnir 4 lbs
and over nplece 34c weltrhlns ,m ih'
apiece. 32c; wolehlne 2 03 lbs. apiece "0
.31c. . Hrolllni chickens. welchlnTi li S
lbs apiece 4-'44c. Ducks, nearby. fan'
"J":'n, 4'l8'42 do. western, drs-.plcked s!
nr-iuo.
sows
dOZafl
aoien. om.2s: wnite, weleh nsr 0 to in ih.
per dozen. X7JR17.50; white, weighing 8 lbs'
..,AS,.,:"5'""SVSrV V.- '". per aoien.
,...u,,. onii in per aozen, J3
4; dark. tl. 5002.50; small and No. 2. JI
.uu.
FRESH FRUITS
Choice annlea uM tatr-lv nn nn. .
r. --'- ... ...... Dilute ,twi-
etles were a shade firmer. Cranberries of
fine quality were scarce and higher with
demand fair. Other fruits were generally
steady. Quotations: Annies. New York
per hbl, Fall FMnnln. $4 4.5(1; Snow. 14'
f,; J,n5'. 4-M7.23: Haldwln. J4O6.50.
Hubbardston. 45 50; Greening. S4O0 50:
various varieties. S35. Apples. Pennsyl'
vanlaand' Virginia, per hhl. Hen Dails
S2.00IB74.73: Oano, 12:5004.50: 8ta-mari
Wine. an 14CsTSn. Vn,v 1..',., ..a."
Apples, per -biishel basket, 40eSl ",v
do. per bushel-basket,"tl01.73; apples west
ern, per box. I28.50; lemons, per box
-Bi: oranges. Florida, per crate, 12 SOfli
0; tangerines. Florida. per strap. ISG0
grapefruit. Per box, S204J2S; cranberries,'
bueliln,ori8 ' ! d0' ""' "'
VEGETABLES
Potatoes and onions were firmly he(d Cab
bago sold slowly and ruled a shade easier.
Quotations: Whit. .Mtatoe.. Hastern Shire.
V.(.I".V...' v..'.;1"'.'..'. sw?
Senbd Air Line 10
do nref . ... 2 1
ffears Roebuck.16674 165
aioss-Shef S&I. 47 4774
Sinclair Oil .. 34 3474 34 4-
South Pacific. .103 102 Vi l"2 -t- ft
Southern RR.. 32 81 31
I do pref .... to 70 70
120 ISO 4-4
85
51
49 74
14 2874
120
oi" Vi
62
50 4-1
14
28
185 185 ..
14 14
8074 81 4-74
98 100 1
40 4074 4-2 H
6274 52 4- 274
112 112 4-2
Union Pacific. 130 130 130 1
.do prer .... T.i 73 73
UTilt Alloy Stl. 39 3939 4-
Unit Clg Strs.. 108 10771 10774
United Fruit ..14574 145 145 4-
Unit Hy Invest 8 8 87i 7i
U S Cast IrP&F 14 "13 145 4-
U S Ind Aico. 10474 101 104 4-4
do nref .... 85
Studebaker ... 52
Stutz Motors . . 50
Tcnn Cop &. Ch 14
Texas & Pacific 23
Texas Co 186
Third Ave RR. 14
Tobacco Prod.. 81
do pref 100
Trans-Wllllams 40
Twin City RT 62
Underw Typew iiz
22
74
tl S Realty
tr S Rubber
U S Steel.. .. 973;
do pref 112
Utah Copper ..73
Va-Car Chem.. 64
Wabash 10
do pref A... 39
do nref B... 24
West Maryland 13
West Fae pr.. 03
West Un Tel.
West'se Mfg. .
White Motors,
Willys Over.,
do pref....,
Wilson Co....
Worth P & M
ass sr , H v '' ' .' ifSSk.', 11
1 SIOCK pa rwwiw - V, ... eWm
tit, xnsurajico " ul Wi'.-
- -bk !,. hd.vi.hla Dli.
ah,, 9.
I-""- ..-.
i if fM, b' ituir, pyuwpuv
TTisjttTvwrw
a fairly active demand and strong outside
advices. Quotations: New York, whole-milk,
fancy, fresh. 3737ct specials hlrher; do
doVftlr to Bood! fresh SjAsOVJc: Wisconsin
vrholeiwllk fancy. 37fesic; do do, fair to
good. 30 0 36 c,
BUTTER Receipts were ' light and the
market was 2c higher on fine goods. De
mand absorbed all offerings. Quotations were
as, follows: Solid-packed, creamery, extra.
7na: higher-scorn, goods 7173c. !; lat
ter for lobbing sails: extra firsts. 08800es
firsts. 8205c: .seconds. fi7gfl0c: fancy
brands of prints iobblng at 74 70c; fair to
sood, 03873c.
E0O8 Supplies were small nnd prices
were veer firmly r'alntalnert Following were
tho quotations: Free cases, nearby firsts.
S21O2I.60 per crate; current receipts. S20.7S
per rase; western ritri rlrs-.s. S21C21.00
!. .... Or-fa, ton lAAHn 7n vaer eaeeit In.
fertor lota loweri etoraga eggs. tU 6 9 IB. 60
per rase; (elected Iresh Jobbing- at 7097SO
per dozen.
.vniie poiaioes. -a-nrrnii,. n a,.t ..
White Potatoes Jersey, per -buifiel hla
Kei ino. j. Towioc: No. 2. 4oeOc: White
12 4O02'.73.-JvhU. PotatoeV. "fancy" 'SV.
cungle. 12 03O3.10: do. No. 2. J bjgll Art
bweei poiaioes. Jersey, per basket Vo 1
SJ.lBOl.a.;; No. 2. 73B0O. Swf 'potatoes'.
Eastern Shore, per bbf. No. 1. 14 Anis ,.:
No. 2. J3.O3.50. Sweet potatoes. Delaware
88
43
45;
2674
88
7374
56
22
73
96
112
79.
64
971
38
247-
13
63
88
43
45
26
88
72
66
74 f
97 4-
112
79 4-
64 4-
. .9
74 3874
, BONDS
Bethlehem 5s 10074 10074 ..
Cosden Oil 6s 82 85
Cosden & Co 6s 82 85
Cudahy 5s 101 103
Russian Got 574s.. 65 67 68
do 674s 68 70 697
Southern Rwy 5s.... 99 99 ..
Sinclair Oil 6s 83 86
Todd Shipbuilding 6s,105 108
MONEY.LENDING RATES
NEW YOBK. Money on call, mixed
collateral, ruled all day, at 6 per cent and
on Industrials at 6 per cent.
The market fqr time money lsun-r-hnncreri
at a mar cent for mixed secu
rities and Industrials with occasional
renewals and r.ew loans for sixty and
ninety days. . .,.,
ine Supply Ol prime ihciuhhho yj,ct
on the market Is moderate and the de
mand Is equally light.'' Six per cent Is
tho minimum for all but exceptionally
fine short maturities.
Prime bank acceptances are mou
erately active at -unchanged quotations
of 4 4 per cent for prime member
bills: 4t,4A per cent for prime non
members .and 65 per cent for In
ellglbles. ...
Call loans on prime bank acceptances
are unchanged at 4 7i per cent.
rillLADF.LPIIIA Call, 6 per cent;
time, 66 per cent. Commercial pa
pers, thiee to six months, 5 it 6 per cent;
six months, 6 per cent. i
LONDON Money Is quoted at 3 per
Cent. Discount rates, short bills and
three months bills, 3 17-32 per cent.
High Low Clone
$66000 Anglo-Frch 5s. 96 9b ?bji
30000 Am F See 6s.. 99 99
1000 Am Smelt S 6s 92 74 9274
3000 Am T & T 5s. 96 95
69000 do 8 102 102
1000 Am Writ P 5s. 88 88
1000 B & Ohio 374s 91 9174
12000 do cv474s.. 84 '847i
AAAn n,., T m ,".. DCIL OR
innn nnr.lomiv 69..IOOU 100 100
3000 Cent Leather. . 90 96 9674
6000 C & O cv 4s 82
4000 do 474s 83
3000 do conv 6b.. . 88
3000 Chi Gt W 48.. 64
65000 C B AlQ'reg 4s 95
9000 Chi M' & St P
rfd 4s .... 76
24000 do CV 4s.. 814
' 1000 do gen 4s." 89
20000 City of Par 6s 98
5000 Chi Rwy 6s.. 87
8000 Dom Can 1921 97
1000 do 1931 97
4000 do 1926 97
1000 Erie conv 4s
aa, W 53
39000 Frch Rep 574s.l03 103 103
5000 Hud & M in os is"t iovn 'ojj
16000 Int Mer M ..s.,101 101 101
1000 Kan City So 5s. 87 87 81
2,000 Lncka Stl Us '23 37 97 97
Innnllr Kh d a Ml 894'. 89 89
2000 Llg & M T 7s..lll 11174 11174
4000 Lorlllard 7s ...111 11174 111
812000 Lib Bond 3s 97.68 97.40, 97.68
351000 do cv 4b .... 93.30 -03.00 93.00
41000 do 1st 4a 93.50V3.20 "3.30
931000 do4s 96.06 95.84 95.84
24000 do 1st 4s.. 97.40 97.30 97.30
374000. do 2d 474s... 96.08 95,74 96.80
374700 do 4th 4s,. 95.98 95.66 95.68
1000 Lyons s luuy iuvmj, iuu-i
12000 Leh V rets 6s.. 103 102 102
7000 Marseilles 6s.. .10074 100i 10071
2000Mldvale 5s .... 88 88 8871
4000Mo" P 5s 23s.. 94 94 9474
13000 dogen4s... 64 64 64
3000Mont Pow 5s. 91 91 91
4000NYC&H con 4s 78 78 787
4000 do 6s 100 100 100
5000 do 4s 8574 o5 8574
9000 N X C 48 '59 94
1000 do 48 60s. 98
4000 do ,474s 66s. 98
2000 N Y N K & 'H ,
CV 374sy.,.. 65
10000 Nor Pac 4s... 88
2'000 do gen 3s. .. ,62
2000 Phil Co cv 22s 91
7000 Pere Marq 6s 88
1000 Reading gen 4s 88
2000 Sinclair 7s... "95
2000 StL IM& S 48 80
1000 Sea A. LSta4s 75
4000So Pac 4s... 1, 79
9000 do 'cv 4b... 86
26000 do cv 58. .,103 loavi iua
21000 South Ry' 4s.. 69 69 69
36000 do 6s 95 95 95
2000 Tex Co cv 6s.l01 T.01 10174
3000 Third Ave 4s. 65 65 55
1000 do adj 5s.;. 33 33 .,33
24000 U S Rub 5s. 87 86 86
26000 do 7s 10274 102 102
145000 US Stl 8 f 68.101 100 100
1000 Union Pac 6s.l04 104 10174
23000 U K of Q B &
I 5s '19... 9974 99 99
62000 do 6s n "19.101 101 101
34000 do 5B '21. 98 97 97
Total sales, SIO.035,000, compared with
15,872,000 on Saturday. 1
LIVESTOCK QUOTATIONS
Chicago. Dee. . HOOB Receipts. 25,000
head. Market generally steady v.lth Satur
day's RVerKare. Irutohora. 117.40017.70:
light. S10.85P17.00- packing-. JK1.7.1M 17.40
Ihrowouta, $10 75010. 00: iplus. good to
choice. S14015.25. -
CATTLE Receipts. 40.000 head. Market
opening slow: mostly 25c to 50c lower.
Calves 60c lower. Reef cattle, good, cholco
and prime. SI5W 10.75: common and medium.
IH.avea.-i: UUtCnerBlOCK. COWS anu neuere.
JR. 10W 13.75: canners and cutters. t5.75f
0.50: etockers and feeders, good, choice and
fancy, Sincf 18 23: Inferior, common and
medium. $7fM0 -Veal calves, good and
choice. SHI 50017: western rango beef steera.
J14.2.-i17.75: cows and heifers. J8.2jSf
12.70.
SHEEP Receipts. 20.000 head. Market
strong to '16c higher. I.nmbs choice and
prime. Sin, 35015 30: medium and good.
subjoin 83, culls, sn.50W12.6n: ewes,
choice and prime. S0.25flTi.no: medium and
good. S8W0.25: culls. ta.78O0.7S.
ritthburgli, Dec 0. CATTLE Recolpts.
4200 head. Lower. Steers. tis017: heif
ers. tlO.50012.50: cons. $8.50010.50.
1IOG3 Receipts. 20.000 he-d. Extremely
alow. Heavies and heavy jorkers, SI7.80:
light yorkers. tlO.50017: pica. tlOOW-SO.
SHEEP AND LAMRS Receipts'; 4000
head. Strong. Top sheep. SIS. 23: top Iambs,
$10. Calves, receipts, 800 head. Stesdy,
top, S20.
Cincinnati, Dec. 0. HOGS Receipts. 11.
nn t,0arf Rinw Parltar, nnd butchers.
J17.30; common to choice. (11 Wis; pigs and
lights, tmois.tlfl: stags. JinOl.1.
CArrLK neee pis. uinj new, owu,
Steers. S0O16.25: heifers. t0f12.2.ii cowa,
t5. 50 el 0.50. Calves, strong, tflOlO.
HUf.l-Jl Iteceipis, iuu lirnii. o.cmj,
t3.608.50. Lambs, steady, 8&'H.
LOCAL MINING STOCKS
TONOPAH STOCKS "
Did Aak j.
Jim Rutler 80 .41 !
MarNamara 23 .2.",.
Midway 17 ,10 i
Mlzpath Extension 00 .07
Montana 18 .15
North Star 00 .It
Rescue Eula (19 .11
West End .....1 1
COLDF1ELD STOCKS
Atlanta 06 .01 '
lllue Uull i 03 .04 ,,
"ooth IB .IK ,
Comb Frac 02 ,04
Dlapiondfleld R 11 02 .04
Daisy n.' ,04 a
Kewanas 07 .OK
Un 02 .03
Slhcr Pick loo !u?
MISCELLANEOUS
Arizona United 25 .80
Nevada Wonder ., 4) K
Tecopa Mining 11 ,11
Paris Bourse Firm
Paris, Dec. 9. Prices were firm on
the Bourse today. Three per cent rentes
62 francs 90 centimes for cash ; ex
change on London 25 francs 9774 cen
times; 5 per cent loan 88 francs.
TCnet rtufTalo. N. Y.. Dec. 0. CATTLE
Receipts. 4300 head, flood, strong. Prime
steers. $17 17.60: shipping steers. I
10.60: butchers. llSi'in.7n; yearlings, tll..O
13: heifers. S10.50O18: cows. J5CJ11:
bulls. $7.B0Oll; stockers nnd feeders $7.50
Oil: frksh cows and springers. $63W145.
CALVES Receipts. 1200 head: $1 lower,
$7(J50 ' "
1IOOS Receipts, 14.500 head. Steady.
Heavy mixed and yorkers. $17.80: light
yorkers nnd pigs. $10.5010.75: roughB. $12
10.8(: stags. $10018. ..
SHEEP AND LAMRS Receipts. 10.000
head. Blow. Lamb; snms.25; yearlings.
$7011: wethers. $0.5010: ewes, $408.73;
mixed sheep. $089.30.
Sonth Omaha. Dec. P( HOGS Receipts.
10-7OO hea.1. ..
CHEEP Receipts. 10.000 lieiiil.
East lluflnlo, Dec. I). HOGS Receipts.
CATTLE Receipts, 4200 head,
SHEEP Receipts. 6000 head.
Kansas City, Dec. 0 CATTLE Receipts.
n.,n a,,,.,. MlaaHv. 1 Kf Iflirir.
" HOGS Receipts, 22,000 head. Best actlvo
nnd steady. thers weak. ..,..
SHEEP Receipts, 6000 head: 16o to 23o
lower.
I'VE
SPREAD MYSELF OUT
TOO THIN
I'm ft writer ot advertlslng
ropy. Amhltloua and determined
to succeed In n large way. my
present position as aervlce
man on n large dally news
paper burdens me with such s.
load of routine detail work i
that Interferes with my ropy. I
must concentrate my enrrjrle
either In tho copy department
of an agency- or ns assistant
to advertising manage of
progressive manufartarer En-,
ergetlc ngd Industrious I am
now doing two men's work.
Ten years' editorial experience
before entering advertising
field.
For Interview address
D 224. LEDGER OFFICE
4
94 94
98 9874
98 98
65 55
88 88
62 62
91 91
87 87
88 74 88
95 95
80 80
75 75
79 79
85 74 86
UNITED STATES
GOVERNMENT
LIBERTY LOAN BONDS
FOREIGN EXCHANGE
New York. Dec. 9. The foreign ex-
LOCAL LOANS INCREASE
Reserves Also Higher Than This Week'
Last Year
The average condition of members of
ili T'hlladelnhla Clearing House As
sociation- for the week, preceding today .
Is shown in the weekly statement, with -comparisons,
as follows: ,
'ALL MEMBERS
" Dec. 0. 1918 Increase
Loans $730,703,000 $3,792,000.1
Exchgs: Clear. House -.513.00( J7n,0(io
UU Callable Due
3& 1932. 1947
QA 1932 1947
4 1932 1947
4J4 1933 1938
44 1927 1942
44 ' 1928
4 1927 1942
Interaat
Payable
JUNE IS
DEC. 14
JUNE 11
DEC. IB
JUNE 11
DEC. IB
APR
OCT.
MAY
NOV.
IS
18
IB
IS
M'CH IB
SEP. IS
MAY IB
NOV. 15
Approximate
YUlts to
Callable oat
at Market
3.75
4.46'
4.6C
4.62
4.75
4.75,
4.85
$50, 5100, $500 AND $1000 DENOMINATIONS
FULL INFORMATION REGARDING THE TAX
FEATURES OF THE LIBERTY LOAN BOND
ISSUES WILL BE FURNISHED UPON REQUEST
MONTGOMERY & CO. --
1S3 80UTH 4TH STREET 14 WALL STHEST
PHILADELPHIA NEW YOBK
flOVEHNMENT SECURITIES DEPARTMENT
TELEPHONES. HELL, LOMBARD 4820 1 KEYSTONE, MAIN ttlt
HillillllllllliillllllllllllllllllllilJllliliiiilililllMillllllllllllllllllMliillllllllllllllHH
Due from banks
116.823,000 6,123,001
oiir ii u ,ew lorn. xjvk. . - mo auici&u c- .Y"",,'v'" "p,""" "" ?; n'oA
ll - Hlange market In the early dealings to- Vnad Jo.U.r.: Joh! 5
73
56
Total sales. 462,900 sharer, compared
with 184.8U0 shares on Saturday.
-NEW YORK COFFEE MARKET
New York, Dec. 9. A meeting of mem-
a 41.. Tah- ViV tnttat canrl Qiioa i
2iiNory2.n'1tlb4Uo1 5homDc'arEblij,0' ij ,A . Exchange , thlrdpornlnc relative to- re
XZA, ?r tin. $2.e82. OrdSr.SVe'llS?n r opening the exchange for trading in cof-
t,n niipstlnn was referred to the board
of! managers for further action. Dlsap-
63 4- 2 uay ehowed little feature aside from a
88 7x -t- S olcauJ' w ... .w-.. " .. ... .
43 i ate tcale.
4Ba? t i.: 1 Quotations were: '
oS 4i u. Demond sterling 4,74, cables -i.76.45.
88 I i? 'Sixty-day bills, nominally, 4.73 ; nine-
4.1a. iy-aay urns s. 174. , , ,,,,
1-iaui. iuo u.,a-, ...w.. -- ,e
L're cables 6.35; checks 6.36.
Swiss cables 4.9j: checke 4.93.
Guilder cables 42, checks 4274.
I'esteas cables 19.93, checks 19.85.
Stockholm cables' 28.90, checks 28.60.
Chrlstlania cables 27.90, checks 27.60."
Copenhagen'cables 26.90, checks 26.60.
Hubla currency opened )ow at 18
18. .
74
iiio-id. Dag no. 1, ii.13cj.u0; j'0- ".30
OOo. "
NEW YORK BUTTER 'AND EGGS
U. S. WOOL TO BE SOLD
Will Fix Minimum Reserve Price Be-
I ...., ',. riArarnmaiil'ii restrlptlntlS I
Tin the green coffee trade Is the chief ob-' fore Sales Start
New York, Dec. 0 DUTTEIV-necelpts. !,,,,
rln.F. 7"71c: es- ,
ntacle to the rehumptlon of business In
fOSl tubs. Hither scor
POULTRY
tr. 70cj outside, firsts, (14flni)c.; seconds
&803c: State itlry, OSOd'Jc; miUtloi'x
creamery. 47tf4cl
EGOS Receipts, 10.24J cases. Eitras
73B76C-. estea firsts. 7Sfn4c; firsts. 70W7"'
seconds. COO (19c i refrigerator special mark
ed. 42054c; dirties No. 1, 489500, No. 2.
4l47o: checks, -44840c: l'aclno roast,
white. l)002c: western and southern whits.
Jnction Comiiany Passes Dividend"
New York. Dec. 9. The directors of
the Duluth-Superior Traction Company
have passed the quarterly dividend on
the eomihon stock. Thl lsuaihe been
li-nsliinatan. Dec. 9. Wool now held
by the'War pepartment will be disposed
of at public action, Brigadier General
nobert K. Wood, acting quartermaster
general, announced today. ,
The amount to bevoffered at cash. sale,
will b'e such "a in the opinion of.the
wool eipertH .the market- cai .easily ab-
soro, . i,i- c, - -.. '!"
-jvrmniiHism
4,883,000
314.00U
507.000
107,003
63.202,000
lft,05R,fl00
nt,oai,nnn
4S.031.IK10
5130.000
865.000
1.082,000
844,00(1
007.000
323,000
Time rienoslts.i.
nes. witn v. (i "
and legat deposup
rles .a,
Cash In laults. .. . ..
TotaJ reserve held..,
Heeerve requireq ....
Excess reserve ......
MEMBERS RESEP.VE SYSTEM j
Reserve held .-,, 151,322.000 -1417.000
Excess reserve.. ,.).. 4,633.000 '215.000
TRUST COMPANIES NOT MEMBERS OF;
RESERVE ST8TEM
neserve held.--. .. . .'. $2.680.OOO' $78,000
Eiceso reserve ' 895.000 'los.ooo
In addition . to the deposits above there
were this week Qovernment-deposlt., against
which no reserve is required, , .
Decrease.
BANK CLEARINGS
Bank clearings today compared with corre
sponding day last two years:
1MN 1T lOlfl
Phila ...164,0(18. 180 $47,805,184 $41,114,009
Boston I, II 170.5011 30,088.001 '.'7,(13,87l
N. York. 474 870.449 380.813.018 368,100.74;
liano.. An.tii", ico
Chicago,
s
il
IS . ,
Visiting Members '
attending the convention of the
Investment Bankers v
Association of America y
at Atlantic City are cordially invited to, make ..
use of the facilities of our of fice"-while ,in -Philadelphia.
S Wests Co, , i!!
E . . BANKERS 1 .g J
r?m iinn in M A S1 lh i , assssi m asssi ' !
iii.j.lsiBMWHoi t.o,m,os 14J7 tHU&iWUi aiKbbl M At
CHICAGO. BUTTER AND EGGS M.b.r. &35liiSSSk. ,1 'A fM
MiJitefc!-.J0'?-HlC5J',''"v ,"" I,. - JU-,. ;,, .,-a -a . a, v ,.'. .41 M-
"MfttT tTiiMi garffkiTiii i 'MtoffhrjtlssTi Ji hill llllaiaaatMAliMsllMIMIIIirilM -
kesraH,Afc?V;',i:.r. f l- f ' -i?4' '.OaisssssssssssssssssBBsPiWeMlWiCW
Pvf
t-.sfcLattr vrUank
n, 1 10
XalVK 3fk 8ailtnsU4aUa4jr
m4r
fsiw4 wuni uvrets. rvsitHv 1 i rmmm
' $ :&$ '
JV 1
N
Vi i ' '
,
r i
wvsac: nMar wniiawiHSe:.browB,.faKl
WK
H, 4 per cent, p- aaiwy ,.. s
im. - Wav.j a i.J 1M6.J.& X . ...&, JL&t n ' Il Ti i.l " Un Ms"! ii-T-ii'if i irisffi VgVJi-ii ffjfitf j- JXAfc . .,.'rta,lt.. mcJetA.. j, jjIi kiaasUBBigiaO