" JV evening Public ledgeet-phieadelphia; Saturday, December u, iois "IT.. VI NEWS OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK PRICES BarnetOil&Gas A i .'M1 an BODOHT I HOLD QUOTED Morton R. Alexander FhlU. Stock Exchange Bid. 7 William St.. K. Y. Cllr ANNPAT, MEKTINOS IW K35" THIRD NATIONAL HANK - Phlladelnhla. December 18. IBIS. .The, ANNUAL. MP.ETINO of thesahare loldera ot this bank. for. the election of tlreclors and such other business aa mar iroperly come before the meeting;, will be laid at the banKing nouse on Tuesday, ,ianu ur 14. 1919. between the houn of 12 m. vt. CMPFOnp WOOD. Caihler. BS. BOUTIIWAKIt NATIONAL DANK $- PlillAilKlnhla. ! The annual election for Dlreetora of this Rank vrllt.be held, at the nankin Home on fnetdar, January 14. 1919, between the loura of 10 o'clocK a. i W. nd 12 o'clock m. J. STE1NMAN. Cashier. tSSSsNATIONAI. HKCURITY HANK, riMI.UBIlUll.., I'VUi .A. 1U1D. The annunl meeting ot the Stockholders si frill be held at the llanklna- House on Tuea- lay, January 14, 1919, between the hours of 12 noon and 2 p. m., for the election of Directors and the transaction of such other tusincss as may come oerore cne meeunc, W. II. McKEE, I.FIAI, AnVKKTISHMBNTS WEAKNESS IN TRACTIONS MARKS OPERATIONS ON N. Y. EXCHANGE Intcrborough Consolidated and Brooklyn Rapid Tran sit Touch New Low Records Bonds of Corpora tions Also Heavy General List Quiet High Points in Today's Financial News Weakness in tractions is the outstanding feature on the Xcw York Stock1 Exchange. Extreme dullness conttnues in local market. War order issues niakc better showing on the Curb. Jtull spot news strengthens cof. ton. Pressure by bears sends corn downward. Xeic York bank statement shows good gains in loans and average reserves. Foreign exchange market inactive but conttnues firm. Ear silver is unchanged in Xcw York and London. New York Stoclcs AlMkaGoW M."' H Close 34 Net chae KS5 EHTATB OF MAI1KI, M. MeCLUBE. -s drceosed Letters of administration in the abnte estate havlna- been granted to the undersigned, all persons Indebted to the laid estate are requested to make tiayment, end those having claims to prevent the same, Klthout delay, to LIZZIE R. MeCLUrtE. . . 2530 Oreen at,, Philadelphia. Dr to her attorney. W. It. HAUniSON. Jr.. 4oth and Lancaster ave. BIVinKNDS M Offlee) of Tho United Ons Improvement Co, v corner uroau ana Arcn eireeie, Philadelphia, December 11, 1018. Mn uiretura nate tnis aay declared a luarteriy.. dividend of 2 per cent ($1 per Ih&rul. nsVlhln Jinn.rv IV 1010 In fnolr. holders of record at the close ot business December 81, 1018 Checks will be mailed. I. W. MORHIS. Treasurer. I Philadelphia Markets GRAIN AND FLOUR WHKAT Receipts, market ruled nrm. 107.r,Bl bushels. The quotations: Car lots 4f 14 I flirt I? .. 1 I. -.l IT- 4 B, i m U iV.lb IV,. BV' in eXDort elevator. Government standard In spectlon, standard prices No. 1 red win- i.-.av; .no. l nortnern spring. i2.v; 1 hard winter. S2.39: No. 1 red win' ter, garlicky, $2.87; No. 1 red, smutty. (2.as; jno. z rea winter, J2.30! No. -' nnrtn irn spring, Jl'.sn; No 3 hard winter, 12.80; No. 3 red winter, garlicky. J2.3t; No. 3 red, smutty, 12.83: No. 8 red winter. $i.32: No. 8 northern spring-, $2.32; No. 3 hard winter, 2.32: No, 3 red winter, garlicky, I2.SOI No. 8 red, smutty, 2.2fl; No. 4 red. $2.30: No. 4. garlicky. $2.28; No. 4, smutty, $2.27; No. 4, garlicky, smutty, $3.20; No. S red, $2.28; No. B. garlicky. $2.28; No. n. smutty, $2.20; No. 5, gar licky, smutty, $2.24. CORN Receipts, 2001 bushels. Supplies were small, but trade was' slow and values wero largely nominal. We quote yellow In car lots at $1..15O1.70 per bushel the latter for choice old. OATS Receipts. 30.607 bxshfls. The market was quiet, but steady under mod erate oftcrlnss. Quotations: Car lots as to location: No. ',' white. 83083(4 c; stand ard white, 82V4S3e: No. a white, 829 82Ho: No. 4 white. 80H Ofllc. FLOUR Receipts, .1,88 1,880 lbs In sackr Trada waa slow- and tho mnrket was un changed. Quotations To arrive, per 100 lbs. In D8-pound sicks AVInter wheat, 100 per cent flour. $10.23010.01! Kansas wheat. 100 per cent flour. J10.sndll.20j spring; vneai, inu per cent nour, sin.cTgpii,2ii. RYB FLOUR was. quiet and barely steady. We quote at ,$0910 per barrel In sacks, as to quality. PROVISIONS Demand waa only moderate, but prices war steadily held. The quotations: City or western beef In sets, smoked. 49c: city beef In sets, smoked, 48c; city beet In sets, smoked and sun-dried. 40c; western beef. nuekles and tendera. smoked. 49c; beef ma, $00; pork, fnmtlv, S54C953: hams. P. cured, loose. 8787Hc; do, skinned, ..use. 87ffla7Wc: do, do, smoked. 30O39Vsc: other hams, smoked, city cured as to brand nd average, anOSUHc; hams, smoked, west, ern cured, 3938Vic: do, boiled, boneless, C8o; picnic houlders, 8. I, cured, loose. 28c; do, smoked, 20a: bellies, In pickle, ac cording tJ average, loose, 83c; breakfast bacon, as to brand and average, city cured, 46o:breakfast bacon, western cured, 43c ; lard, Xeat!rn refined, 2020ic; lard, puro city, keMe rendered. '2O02OV4. REFINED SUGARS Tho market was quiet but steady on a basis of Oc for fine granulated. DAIRY PRODUCTS CHEESE The market ruled strong with demand absorbing the limited offerings. Quotations! New Tork. whole-milk, fancy. fresh. 3703?'.?c: apectala higher; do, do. fair to good, fresh, 8OIfH4c: do. Wisconsin., whole-milk, fancy, 37(!f37Hc; do, do, fair to good. 38f'.S0Vic. BUTTER Tho usual Saturday quletudo prevailed In this murkoa. but values wero steadily held. The quotations were: Solid packed, creamery extras 70c; hUher-scorlng goods, 717Se. the latter for lobbing sales; extra firsts. fifiOOc: firsts. 02OSc: seconds, B7n0c: fincy brands of prints Jobbing ut 747llc; .fair to good, nn073o. EOOSr Fresh stock as quUt but steady, while storage eggs ruled firm under scarc ity. Following were the quotations. Free cases, nearby firsts $20.402t per cVate: current receipts. $20.10 per case; western Mctra firsts $20.4021 per case, firsts. $19.80920,10. n r case: Inferior lots lower; storage exgs, $lsin.no per case; selected fresh Jobbing at 74 70c per doz. POULTRY LIVE There was little trading and prices favored buyers on ordinary stock. The 'quo tations were ns follows: Fowls., according to quality, 25 3(V: spring chlcktns, according; to qualitv, 22020c; roosters, 20c: ducks, Pekln, 820330; do, do, Indian Runner, 28 Sue; tteue. 28032c: turkeys. 30037c: fiulnsas, young, per pair Weighing IVi a bs. apiece, 1101,10; smaller slits, till 83c; guineas, old, per pair, 70080c: pig eons, old, per pair, 80080c; do, young, pr pair. 20O80C. DRESSED Turkeys of fine quality wero scarce and firm, while other kinds of poul- try sold slowly, with ample offerings at former rates. Tho following wero tho quotations: Turkcis, spring, choice. 40042c; some fsney nearby stock higher: do. do. lair to good, BJWSOo: do. do. common, 300 88c: do. old toms, 84W8tlo; do, do. old hens. 83037c. Fowls, fresh-killed, dry-picked. In boxes, weighing- 4H lbs. and over apiece, SOUc; weighing 4 lbs. apiece, 84UUc; smaller sizes, 28030c. Fresh-killed fowls. In bbls., fancy, dry-picked Fancy selected, SSHc: weighing 4U lbs. and over apiece, ,10c: weighing 4 lbs. apiece. 38o; small sizes. 2110 28c. Old roosters. dry-Dlcked, 27c. Roast ing chickens, western, dry-picked In boxea Welshing 4H lbs. nnd over apiece. 30c: weighing 4 lbs. apiece. 80c; weighing 8& lbs. apiece, 88084c: weighing 2S 08 lbs. apiece. 3U081c. Roasting chickens, west ern. In .bbls. Weighing 4 lbs. and over apiece. 84o: weighing 3Va lbs. apiece, 82o; weighing 2H08 lbs. apiece. 20031c. Broil ing chickens., weighing 1U 02 lbs. apiece. 42044a., Duck, nearby, fancy spring. WW 42c: do, western, dry-picked. 38040c. Geese, western, dry-picked Choice. 80082a: fair to good, :7020c. Squabs, per dozen White, YTCtatt.UH . IU ,. UUC1,, .fOWO mk. wnits. weigning v la iu ids. per aozen T.fio: white, weishlnsr 8 lbs. ner dozen A IA. ,1.. .... T k. naw ,.,. II Ktlf... J.. do. A0UH lbs. per dozen. $804: dark. ll.OO 02.80; small and No. 2. $102.00. aulneas, young, per pair, 7Sc0$1.2O; old, 00073c. New York, Dec. 14. Tho stock market showed an uncertain tone In the half-day with which the week ended, with some Issues moklnp advances, but most Interest was attached to the continued weakness jn all the traction securities. The general understanding Is that there can be only' one solution for the transportation troubles In this city and recolvershlp was clearly men tioned, oven 'by the executive officers of Intcrborough Consolidated, as being In prospect unless tho situation Is relieved by Increased fares. Intcrborough Consolidated U1I3 morning sold down to below 25, mak ing a now low record, and Brooklyn Rapid Transit sold at 32',4, the lowest prlco touched since 1907, and a new low record since tho stock was placed on the dividend list. The bonds of the two corporations were also heavy and soM at new low records. The Interborough refunding Bs, which have suffered with other Issues on this collapse In values, nre really In a strong position, having prior rights to the entire rapid transit system, coming ahead not oply of the municipal debt, but must also be provided for before tho Intcrboroufih stock can receive oi e cent in debt. Trading in the general list was quiet, with some recessions at the opening followed by upturns before the close, but dealings were so pro fessional in character that 'these movements wero without the slightest significance. Tho pool manipulation made a couple of stocks show moderate gains, but tho majority of usually active Issues recorded only trifling variations In prices -as a result of the two hours' trading. Tho bond market was generally heavy, because of tho continued largo supply of tho Liberty Bonds. Inter-Met Issues were again heavy, with collateral 4s sustaining a further loss. PRESSURE BY BEARS WEAKENS CORN PRICES Prospects of Better Weather Cause Fairly General Selling. Oats Arc Easier Chicago, Dec 14. Prospects for better weather, which led to talk that receipts would Increase, caused fairly general nelllng of corn by commission houses and pressure by bears this morning, and tho market weakened. Stop-loss orders wero reached as prices descended. Tho trade took a bearish view of the technical position on the theory that shorts had covered extensively on yes terday's rise. January opened at Sl.38 to J1.37?. agalnBt $1.38Vi at tho end yesterday, but affer touching $1.36 rallied to $1.37 U. March started at J1.3GT4. against ?l-37 at tho end yesterday, but after receding to J1.36U Improved to $1.36. May was quoted at $1.37 to,$1.38Vi'at tho outset, compared with $1.38ai, yesterday's last price, and after selling at $1.37 moved up to $1.37'4. The arrivals here today were 123 earn. Prlvato cables from Argentina said that foreign Interests wero buying there, although farmers wero asking stlffcr prices, owing to the smaller yield In the United States. Oats were easier In sympathy with corn. There waa fairly general selling, by commission houses and by local in terests. The news was not particularly bearish, although clear and coluoi weather was Indicated and this would bo excellent for the movement, January opened at 7-HsC to 731ic, against 74 o at the end yesterday. March started at"74o to 73 c, against 74 He at the close yesterday. May opened at 74 Vic, a decline of He. The arrivals here today were 230 cars. Leading futures ranged as follows: Yest'y's Open High Low Close close Corn (new delivery) Jan .... 1.87V4 1.88K l.SSH 1.30 1.3SH May ... 1.87is 1.3SV4 1.35. 1.30 1.38S Oato . Jan .... 73 74tt TiV, 72Mt 7-J 7-iSi lit l-il i-l BULLISH SPOT NEWS STRENGTHENS COTTON 32 h m 85 -f-1 63 i 48J4 sei U 40; u 14 it 90 a 4- I 63 ,. 32 i U 96 '.. S7M i- . -r- '4 II BUSINESS IS SMALL IN OUTSIDE MARKET Alaska Juneau. " 2 Allls-Chalmcrs. 32U 81V4 do pref 8BM 84H Am Beet Sugar, (S3 G2 Am Can 4C,i 45 W Am Car & Fdy, 86H 86H Am Cotton Oil. 40H 40i Am Hide ft h. 14H 14tt . do pref 71 71i Am Int Corp., 58 V, 67 H Am Linseed . . 40 U 45 do pref 1 90t4 Am 1.OC0 , ... (13 63 Am Smelting , . 82 Vi 81?, Am Sum Tob.. 964 96 Am Steel Kdry. 87 i 87 ni iei & xei.iua 'v-, 1UJ am wool as mvi a I'm ;i Am Wr'B Pa of 30 29 A 29 ! .. Anaconda ..... 64 64U Gli .. Anso Dry Roods 16. 14 15'i l?s Atl Qlf A W 1. 110 110 110 Bald Loco Coi. 75 74i 74t ?s flaltl ft Ohio... R4 B3W 64 , -n do pref 56 4 b84 58 Barrett Co.... 107 107 107 i Daton ns M n. 1 i 114 1 14 U Beth Steel B.. 66a 66 , 66V4 a, United a 1s lObH t , 1 stone ii War0rder Stocks Show Bet ter Tone Motors Fairly .Active do 8 pc pref. 106 V, 106 B Ti T 33 S Butte C & 'A fi 71,1 C'al Petrol 21 Cal Packing C 47 H Cnnadlan Pnc.169 Central Ky pref 36 Central Leather 62 Vi t-erro do rasco. 34 vi Ches & Ohio... 56 i Chi M &at P.. 45 Chi "& Northw. 991 Chi B I & P tc, 26 do 6 p c pref. 67 V4 Chile Conner .. 1BU Chlno Con Cop 37?s uoi jiuei & ir 38 Col & S Id nf. 47 M Corn Products 47'. 4 Crucible Steeh 67 M, do pref ... 89 Cuba C Suit pf. 81 Ii Del & Hudson. Ill Den & n O pf. 9& Dome Mines . . l"'.s Distillers Sec . 60 Er!o 18,i do 1st pref. . 311,, Fed M & 8 pref 40 Ti uaston Wll ... 30 Vi 82 H 7'i 21 47vl 1B84 35 .62 34 65 i 44T. 99&1 25H "4 67",- li 36 Ti 39 4, sm sii in in 9V4 84 32i i 7tt H 21 47 Ti 3s 16D hi 36 68 34 4 664 44 Ti 99 i 67 V4 4 19l .. 36Ti 3D H 47 4 7 '4 -Mi is Is j New York. Dec. 14. The curb market was generally steady with business on a small scale, but a good demand wis In evidence and changes weie narly all to higher figures. I Wnt ill-ia.. .tnl'D ahntea4 n t.A.IAr tone, Wright-Martin selling at 4"i and 44 nnd Submarine Boat advancing from 114 to i2i. Aetna Explosives was dull, with a llttlo business at 7T4. The motor stocks were fairly active, Stromberg selling from 34 to 34V4: United at 344 : Peerless at 18 and Key-' re at 33 14 to 34 Ts. Independent oil stocks were generally In good demand, with International Pe troleum, tho most prominent feature, advancing to the new high record of 16'4 : Oklahoma Producing sold at 9V4 and 9i : Midwest Heftnlng ranged from 11014 to 118. Royal Dutch bold nt 65 to 64. Gillette Safety Bazo'r was strong, sell ing at 105 to 106. Marconi of America sold at 4 ',4 nnd 4. 67 M 2iJ 12 s 48 4 184 30V4 40Ti 30 12 W H 49 H 184 .. 3114 H 4"Ti -- 30V4 U Philadelphia Stocks ef ...113'.i 11314 113i Sup C 18U 17T4 18Vi i Val. 59( 59 59 SOAUIsChal. f4 105 Qtn Asph 37 2 do pref, ?6'.i 20 int n .ii pref it I.K I 103 Lh nOPennallll 40Ti 20 Phlla Co com pf.33 186 Phlla Elec 20'n 2782 do war w i . . 14 16 Ph Tract 70 1, (M0 Ton Bel.. 2i 200 Ton Mln. 3 20 Un Tract 39 14 11 U C -V J.19.1 120 V S Steel 95'i 20 War I &S 8I4 1 WcBtCoal 76U 20 W Cramp 81' Net I,w nose thge, 314 3114 361 36i .. ,, 7614 76W ii 5 46t 46T4 H 3214 2614 8214 V, 264 14 14 70 4 -t- !'i 3 394 191 '1 !)6Ti 814 , -. 7514 764 .. 81 81 2 70vt 3914 191 95 Total sales, BlOd shares, compared with 8748 shares yesterday: this week, 41,805 shares; Inst week, 180,380 shares. nONDS Net .... . ,. ,. j ,IIh 'ow Close chge, $300 1.11) Bonds 2d 414895.50 95.50 96.60 .10 460 do 3d 4 14s .. 95.G0 95.60 95.60 .. 350 do 4th 44s.. 95.86 95.60 95.86 .56 300 do 2d 4s 92.70 92.70 92.70 4 .10 5000 Ph Co con 6s stpd. 88 88 88 INDUSTRIALS Hid Ren Klec Co.. 149 149T4 149T4 r Ti 4814 0 46i el liZ u -p. Demand Is Good and Offsets Setback in Early Session. Close Steady May . Lara Jan ....23.00 May ...20.05 lllbs Jan ....20.62 May ...S5.US fork Jan .... 48.00 May ..,40.30 2.1.00 25.05 20.02 20.22 4R.no 40.80 2.1.80 20.82 2LG7 47.80 44.30 20in 23.82 .1 " 2L07 47,80 44.30 74 26.00 20.82 20 72 25.17 48.80 40.83 . ,., , New Y"k, Dec. 14. Bullish spot and shipping news and a moro favorable statement on tho con sumption of tho staple last month by the Census Bureau than had been ex pected stiffened the cotton market to day. Pront-taklng was responsible for a setback in tho middle of the session, but the demand was good and the move ment upward was resumed. Sluch interest was attached to a statement Issued by Representative Hef flin, of tho House Committee on Agri culture, asserting that the Federal De partment of Agriculture had overesti mated tho 1918 crop by at least 600,000 bales. Prlvato dispatches from the South re ported a largo Inquiry for the actual artlclo from all quarters, with holders firm. Tho reaction carried prices off at the maximum about 25 to 30 points, but on a scale-down demand from the trada Increased, Near the close buying became more general and prices made new highs for the day. Tito market was finally steady at a net advance of 30 058 points. Yes. Today's Pecemhcr, Junuary.. March. .. . May July October... Cotton Buyers and Sellers x.--.- xr-tr rinr, 11 n.i,nihpr W.itn and Keiffer bid : Cone offered. January Slgei, apnui ana .uagee uiu ; B Hubbard and Abraham offered. March Young. Waters, Mitchell. Johnson, Jay, Boyco and Cardoza bid ; n. Hubbnrd, Burnett, Bartlctt and Hanger offered. oiay wuson, van vnei, v. j. hicks and Hanemann bid : Itussell, Cone nnd Oeer offered. juiy Linstein ami jonnson uia; Burnett and Downs offered. N. Y. BANK STATEMENT Cleii Motors... 126 Granby Mining. 80 lot N Ore subs. 314 l.reene-C C. .. Oulf M & N. Haskell & B. Int Airrl nr. . Ins Copper.... 46 Inter-Cons C. do prof Int Mer Mar. dn nrr-f Intern'l Paper. 3214 Tnt Nickel .... 32si In Bap Ti ana pf 7714 uan uuy so pr o ',i Kelly Spg'd ... 65 i Kennecott Cop. 34Ni Lack Steel 6814 LehlKh Valley.. 68 Mackay Co .... 73 do pref 64 Max Mot 1st pf. 5214 Mex Petrol ....163 Miami Con Cop. 2414 Mldvale Steel.. 45 Mo Pacific 2fil' Natl Acme .... 3014 Nnt Con & Ca. IB 14 Nat Kn & Stpd 46 K, National Lend, """s 126 1 794 3114 47 9 4614 61 4 44 614 !44 6 80 14 314 14 47 9 4614 .. 51, 4 464 614 n 64 3514 27 2714 27 114S 113 11414 31'fc 32 7Mi 014 i' . io8 FRESH FRUITS Seniand twas. only moderate. generally were wen but values sustained on choice atock. Quotations: Apples, New York, per bbi. rail Pippin, J4W4.00; Snow. $400; Sing. 14,5007.20: Baldwin. S4O0.60; llub irdston, I4Q8; Oreentng, MOtt.OO; various varieties, I3WS. Apples, Pennsylvania and Virginia, per bbl. Uen Davis. S2.DUi94.0U: uano, V2.D0O4,in; Htayman wineaap, M ,oui xorK tmpcriKi, ewj.. vinrm, ycr r fe.DUBnei uasKVl, vvuw -.., uu, v.r yuaiioi '- basket. 11 tf 1.75. Apples, western, per box. i. 12.2SVS.00. Lemons. per box, 2V4. i Oranges. Florida, per crate, J2.60O, Tan- urape- 'orto rries. Jfit erlnes, Florida, per strap,' I80. On LT. 'fruit, per box, 1264.25. Pineapples, I, , V tllea. ner crate. IU.OOU0.50. Cranberl a. --- -- ---. --- --. -, - ,,., j. jersey, per rnusnei vus, tiivui uv, uu, yt bbl.. 114.00918. VEGETABLES Tho general market was quiet, but firm. Quotations: Whito potatoes, Eastern Shore, per bbl. No. 1, I30S.7BI No. 2, (203. vvnite potatoes, oruli, pr am,. f... White potatoes. Jersey, per H -bushel has' 1t No. 1, 75iJ(l0olN. S BOWOUc. Vhlt potatoes, iz.ouu 8.10. Bweet potatoes. Jersey, per basket No. L 11,1501.831 No. 2, fotOOc. Hweet potatoes. Eastern Phore, per bb,I. No. 1. s. Pennsylvania.. No. I. per 100 lbs.. 2.80, White potatoes fancy, I2.00U potatoes, ....... v".:. j- r,i- -'- ,-. ' HB0OB.B0: No, 3. a3a.60, Sweet pota. toes, pslaware and Maryland, bushel ham-' pert-NV. l.Lll.00Oa: No. 2 llOOl.fO. h.hbaae. Dahlsb seed, per ton. 120028. pveita svis. fy Onions, yellow, pr.l00-lb, bag No. 1, ?L85 J1.7BI o, , ivvr Ol)c. NEW YORK BUTTER AND EGGS, Now YorU, Deo. ,l'4i BUTTER Receipt (f9 tubs. No quotations. . - KOO8 Receipts 7889 cases. Dirties, No, ,. Jt MB4fi ditties. No, 2, 43O0Oct checks, FEDERAL BANK STATEMENT Investments Sn Treasury Loan Certifi cates Keep Money Market Tight Thn TTedernl Roserva Bank reports $187,662,863 bills on hand on December 13 against 188,608,428 on December 6. showing llttlo liquidation of loans by member banks in tne last ween. (JOUpieU Wltn tne paper kivcii uy wui rian nnhRprlbers the banks are asraln In vesting heavily in treasury loan cer tificates and tlrls serves to keep the money market tight. - Federal iteserve notes iiiurcaocu uui lng the week 2,476,910 and Reserve Bank notes 51,693,807, a total of 4, 170,717. . , L Ratio of total reserves against com bined net deposit and Reserve note lia bility was 41.2 per cent as against 41.9 per cent on 'December C, MONEV-LENDING RATES rmxAiJEI.rHIA Call. C per cent; time, 6 6 per cent. Commercial pa pers, three to six months, SO 6 per cent; six months, per cent. LONDON Money Is quoted at 3 per cent. Discount rates, short bills and three month bills. 3 17-32 per cent. FOREIGN EXCHANGE New York, Dec, 14. The foreign ex change market was Inactive, but there was continued flrmnes In tho rotes on neutral countries. Swiss exchange was a shade under Friday's best at 4.90 for cables and 4.93 for checks. Suotatlons, generally, wre: emand sterling 4.76.66. cables 4.76. Sixty-day bills, nominally, 4,73 ; ninety-day bills 4.71. Frano cables 5,45, checks 5.46, Lire cables 6.36, checks 5.36, Guilder cables 42, checks 42, Pesetas cables 20,16, cheeks 20,05. Stockholm cables 29.10, checks 28.85, Christiana cables 28.10, checks 27.85, Copenhagen cables 27.10; checks 20.85.1 Ruble currency was quiet but steady at 18018. 1 . rr: . .. - ir ii.n 1 oA a.vw4ws ,1 in wxn' "t f ! 1 German Bank Statement Berlin, via London, Deo. 14. -The statement of the Imnerlal Bank nf rier. many, issued December 7. shows the following changes: Total coin and bul lion aecreasea isp.uvu marks; gold de creased 476.000: treasury notes lncreane,! 189,586.000; notes of other banks In creased 1,192.000; bills discounted In creased ?6, 598, 000 advances decreased is.uuv; -investments increesea, z.jus,- pinsc.steuuriiMiB uwsntasw Ji,i( iu closo open. High I.ow Close 27 30 27.40 27. 0 27.35 27.72 20 Oft 20.DH 2S.40 20 H,l 20,3.-. 24.HO 20.00 20 30 24.011 20.20 24 13 24.13 24.35 24.00 24. 03 23.60 21.00 21. 3 22.12 21.00 22.02 31 32 7711 64 74 65 .. 34i 68 584 ll 70 314 64 62 61'A 163 1. 23 24 14 45 M 26 30 4 li 1" 46 1 65 14 651 34 68 70 64 62 1 44 25''i 30 16 46 GO Nov Con Cop.. 19 184 19 X Y Air Brnke.101 103 103 4-r New York Cent 76 7B?i 76 X Y Dock.... 23 2314 23 i do pref 45 45 X Y N H & H 34 34 Xorf South.... IB 15 Xorth Pac ... 95 95 Ohio Cas .... 43 424 Ontario Silver. 7 7Ti Owens Bot.... 47 47 36 35 65 65 Pacific Mall Pan-Am Pet do nref ...113 113 Penna R R... 46 46 Pero Marq . . lb Phlla Co 31 Pitts & West. 36 do pref ... 80 4 Plerce-Arrow . 44 Pierce Oil .... 16 Pitts Coal 464 Presid Stl Car 63 ny Steel Spring 744 Ray Con Copper 22 Reading 81 Rep Ir & Stl. 75 Royal Dutch . .100 Saxon Motors. 9 St L-S F 16 Seaboard A I. 9 Sears Roebuck. 168 Shattuck Ariz . 15 Sinclair OH .. 33 i Southern Pac Southern R R. . 30 do pref .... 694 Studebaker ... 62 Stutz Motors . 53 Tenn C & C w I 14 Tex &. Pac... 26 Texas Co ....188 Tobacco Prod . 80 Twin C tv R T 62 Union Pacific.. 129 129 Unl Cie Stores.. 106 105 Unl Drug 2d pf 85 85 U S Ind Alchol.102 1014 U S Rubber... 74 74 U S Steel 95 95 Utah Copper.. 77 77 Va-Caro Chcm 54 54 Wabash 9 9 do pref A... 374 36 West Maryland 12 1254 4 3 fr A 4' 15 301 35 80 44 1014 ml 63T4 74 21t 83 74 98-14 914 16 9 168 I." 3314 45 3114 15 2 95 1 42 7 14 36 l.v, 65 14 113 3'5 46')4 1514 30 J4 36 14 80 4- 44 16i 464 63 T4 1 un - 84 741 4- 100 114 914 -. 16 914 4 168 1 15 334 .101 94 101 li 101", Gain in Average and Actual Loans. Average Reserves Higher New York. Deo. 14. The New York bank statement this week shows Increase In average In actual loans. Average reserves Increased ; actual decreased. .uciuua iuuuw; AVEKAOK Loans $4,080,400,000 Net demand de- DOS ts T3.H4H.1NT.OOU Net time deposits 141,188.000 Circulation 8.VBUO.O0O Cash In vaults... Ii07.833.uuu Ileserve In mem ber bangs Ileserve In State banks and trust ...... coropanles . ...1 110,531,000 Reserve In State banks and trust company deposi tories '.. Aggregate reserve Reserve required. Increase SB2,O7V,0OO 60,072,000 11,1147,000 01.000 10O.000 501,089,000 14,373,000 00,000 8,870.000 070.41)0,000 008,889.030 01.000,900 141.000 14,142,000 8.111.400 0,030,000 1 urplus Ilprrense. tUnlted States deposits deducted, J188. 700,000. Specie Included $38,298,000. ACTUAL Loans 4,073,U2S,000 S2,'6S7.O00 Net demand de posits f3, 870, 490, 000 88,028,000 Net time deposits 141,100,000 10,803,000 0O,UVB,UVU 44,UUO 1104,289,000 '3.5511.000 Circulation Cash In vault ,. Reserve In mem ber banks Reserve In State banks and trust companies Reservo In State ' banks and trust cqmpanlea depos itories Aggregate reserve Reservo required. 533.758,000 19,430,000 tl0.188.000 'lOLOOO Surplus , ap 124.000 19,923,000 11,224,100 H07,- R.922,000 052. KIM, 000 S12.Sua.4D0 8U.809.310 30.740.lUn ,G...i. ,!,, ,.,4 tu nil mm f United States 'deposits deducted, 000.000. Decrease. OUTSIDE BANK STATEMENT QTAiU itAnao 'Increase. Loans' Investments. . is.i. 1 1 j'.-uu Uold ', 0.007,61)0 currency bang notea io.iuo.ouu 43,064.700 )5.281.200 28,200 209.200 .Sil9 i.'iVU Deposits Itederal Re aarvn iibtik nr . t. IleDOslts .'. 573.807.000 1.002. Res. on deposit ..... 0.S40,600 102.000 i'crcentage 01 res, ..0 ' , ' TnilST COMPANIES Ivans' lnvestmentsl,022,4Ol,8OO 9,7l.90O Gold 12,761,000 88,400 uurr cy oanK notes ,u,tfi.iww vov.vvu npnnalta Fed Res. nt.'Af m v mi inrt.enn musfliu Deposit '. 1,900,660,1)00 8,084,200 lies, on dspo.lt... 28O,92l!000 594.400 Percentage, of res. 18.4 .l STATE HANKS AND TRUST COMPANIEB NOT RBPORTINQ -TO CLBARINO HOUSB Ianv Investments 1703,047,700 11,800,10(1 Gold 7.. 8.018,890 22.400 Currency bank notes ..v... 15,701,000 88.500 Deposits Federal Reserve Jlanlc of .New York A,10ll.800 4l.043.70O Total deposits,.,,.. 700,808,(101) 4,020.00(1 net ntuosiis ...)., viv,-i,ivu,, a.sso.zuu 30 69 62 52 14 26 187 79 52 30 69 62 52 14 26 187 80 52 129 Westghse Mfg Wlllys-overld. Wilson Co 5 76 'lt tt . 105 85V4 4- I 4 'A . 9514 J 77 14 -4- Ul 54 .. 9 .. ,'61 54 12 43 H 25 74T4 Total sales. 222,000 shares, compared with 412,000 shares lestcnlay; this week, 2,489, 000 shares; last week, 2,41)7,800 sharos, GAIN IN BANK EARNINGS Increase of 17.2 Per Cent at Compared With This Week Lait Year Total bank clearings of all the clear ing houses of the United States for the week ended yesterday were 37,146,953, 695, against 57,315,355,346 last week and 36,094.168,538 same week last year, Philadelphia's total was 3336,601,374, a gain over the corresponding weelc last year of 21.8 per cent Details follow: lots 1017 v n N. York..3,120.2S0.101 12,717.127.478 10.6 Chicago., 408,100,017 807,130,482 --10. 4 I'mla,,., Dso.oui.ai4 zt t.iirj.nztt --21. S lioston.,. 278.nnn.76n 232,378,200 '--17.8 K. City.. 168.611,003 120.171,018 --20.0 St. Louis 181.000,000 127,aa,T03 .- 3.1 S. Fran, 103,200.021 84,3(17,480 --24TS Plttsb'gh 101,077,821 00,032,001 --82.9 Detroit.. 03.800,228 40,442.278 21,0 Raltlm're 72.464,077 84.682,101 108.0 N Orl'ns 62,405,067 57,406,220 8.8 nsCda":,4.8S3,407.880 $4,150,214,814 17.6 Other 5 'days'. 076,468,923 780,349,703 25.0 Total all 5 days:i3.860,870.808 14,033,464,577 18.7 All cities, , ,... .. , .. . 1 day, J,-oo,U(U,otfA ,i4vo,vva,ivi -TAl,y Total all forwk!f7,140.952,695 16,004.158.538 1T.3 Partly stlmated. Aetna Uxploslvcs ... 74 7 fa Am Hrlt Mfg 2 6 Am Marconi 4 4 Am Writ Paper 2 3 Air 'Reduction 50 65 Canmllan Cur Co ..28 35 Con Cnr & Fdy pfd.. 70 50 Charcoal Iron 7 8 Chevrolet Motors ... .145 165 Crarhp 77 83 Curtls Aeroplane ... 11 14 1 artven Tool 7 8 Carbon Steel 90 100 Knierson Phonograph 2 2 Hendee Mfg 10 20 Lake Torn Uonl .... 2 2 '4 I-ehlgh Coal Sales. . 86 Lima Loco 30 Maxim Munitions ... 14 N Y Shipbuilding .. 35 Nor Amer Pap Pulp 2 Oils Elevator 65 Pcerlest Motor 17 "4 Poole Kng 20 ScrlmiB-Booth lfi Standard Motors ... 8 Hlecl Alloys 7 Submarine 11 St Joienh Lent! 11 Todd Shipbuilding ... 98 ,.,.?-. ttin ..... tt. unuru rront snaring Ask (sale) es. close 1 414 144 90 38 !i 40 24 60 18 45 30 9 8 12 15 102 ik 6T7 4s 1214 344. 4 Total sale. IB400. compared with 31,650 nsterday; this week. 1380.000; last week, 04,030. PHILA. INACTIVE STOCKS Following are quotations for Insctlve stocks listed In the Philadelphia Stock Exchange and In which there were no transactions today. The price glen is tne last previous close: Acme Tea Co 79 Lake Sun corn. 18 V. Alliance Ins.. 19 Lehigh Nav . 72 Amer Uas ..744 L H Trans nf 25 Am Itys pref. 69 Uttle Schuyl. 48 Am aiores pr. u Lit uros .... zo'js A O War ... 7 Minehlll 52 Am Milling . 10 Noith Cent .. 754 Am Strs pf . . 90 North Penna. 94 iinn .1 ti.... ot r.t .-sa uk pr.-iu BuffSusq tc 70 Penna Salt... 86 Buff& Susqpf 66 rhlla Co pre 30 Cambria 39 Phlln & West 6 Camb Steel. .123 P n T ctfs... 26 Cataw 1st pf. 63 Phlla Trnc .. 70 Cataw 2d pf. 54 Itwys General 2 Sons T of N J 90 Ton Belmont. 2ft Elect Storage 6t U G I 73 "ourth S N B.180 Union Trac .. 39 (Jen Asphalt . 36 94 WeBt J S S.. 46 Hunt 1DT 10 Wm Cramp .. 81 Hunt & BTpf 15 York Ilwys .. 74 Ins of X A... 26 York l.ny pf. 31 Key Tel 11 EXTREME DULLNESS PERVADES TRADE ON THE LOCAL EXCHANGE ' -VH t .v-l X ym Prices Are at About Last Night's Clos3 Lehigh .Val ley and Pennsylvania Only Rails Out Trading at today's brief session ot the Phlladelnhln. Stock Krchsnn was characterized by the same dullness that pervaded yesterday's transactions, ',ssji saies continued in small volume nnd changes In price were Insignificant. I.ehlgh Volley and Pennsylvania were the only rails brought out, th former being unchanged at 59 and tho latter at an advance of i. Philadelphia Traction advanced at 70. Tonopah-Belmont was In demand, several hundred shares coming out at a gain of Lake Superior was on mo tapo at ia 10 iB',4. ag compared with a close of 18i yesterday, X a In odd lots. General Asphalt common sold at 37. up i, but toward the clost). jP'a auiu un iu ;, n uuu jut ui uraiuji ciupDuuuing orougni ai, a drop or 2 tf.ir Ja points. ; ' The bond section was neglected. jJ iV li. BUSINESS CAREER OF PETER FLINT A Story of Salesmanship by Harold Whitehead (Cony right) M1 U S Steamship 6 ft United Motors 3414 World Film Wright-Martin Air . . 4 NTANDAHD OIL rJTOCKS Illinois 160 155 Ohio 312 316 Prairie Plpo 276 281 Stand Oil of Calif... 228 2.12 230 Stand Oil of X J 675 680 580 Stand Oil of N Y 285 289 288 INDKITINDKNT OIL STOCKS Barnett Oil & Gas... A 14 14 Cosden & Co 64 6 6 j.-,(K unaui . Federal Oil . Inter Petrol Houston Oil Mcrrltt Oil 23 24 22; -uiuwest iiemung ....lis 120 120 Met Petrol 1 14 l) uniu v uej Oklahoma Ttcf Sapulpa net . . Seiiuoyah .... Sinclair 19 MINING HTOCKS AtlantR 6 6?4 CTs 6- G 2 2 li 16 76 77 23 24 .118 120 1 14 13 17 9 9s 6 7 '4 i . 19 20 Rlc Idsre Butte New York .... Con Ariz C F S & Jerome First National Uoldiield Merger aoklfleld ConH tioldlield Florence . . . Cioldfleld Kewanas . . . Oreen Monstor Hecla Mining Howe Sound Independence Lead.., Jerome Verdo Jim Butler Jumbo Extension.... MclKlney Darragh... Magma Copper ...... Mother Lode Mines Co of America Nevada Hills Nevada Wonder..... Niplssing Ohio Copper Ray Hercules San Toy Stewurt Tonopah Extension . . United Verde West End Con White Caps Yerlngton It 4 2 8 27 15 6 6 4 2 38 14 46 28 34 3 Si '4 3 37 1 12 4 7 1 i 614 1 29 25 8 514 44 3 40 16 48 30 36 1 8?J 38 J8 39 16 33 34 154 13 BONDS Bethlehem 7s (notes). 100 Cosden Oil 68 82 Cosden & Co 6s 82 Cudahy 7s 102 Ilusslan Govt '6s.... 62 do 6s 65 Southern Railway 6s 99 Sinclair Oil 6s 85 Todd Shipbuilding 6s.l05 100 .. 85 86 102 102 66 65 67 65 99 ., 90 108 5 V BANK CLEARINGS Bank clearlnrs today compared wltn cor responding last two-year.: . Phlla... 167.098.802 103,602.066 155,164,461 NY l629.S83.707 1078.827 091 t799.270.002 Boston.. 180,502,50s inP.900.DPl 44.468.82I GOVERNMENT BONDS 2s, nilsterea, 1080, Bid 1)8 08 094 AsktA 106 100 m. AnllrlAn. 3a, registered. 1018 Ss. coupon, J"J 1 'IH,i"rt,'nIS25, 8s. reilstsrel. 1946 83 ss. coupon, 1040 .......?; Panama, is. registered, JMJ. Og Fanama j-s. rcsistercu, ...oj,, . ,, Panama ,8s, rcvlstared, 1901, 8S . , Panama 8s, coupon ..,..... S ,. No Change in Refined Sugars N'sw York, Dsc. 14. All grades of re fined sugars remain unchanred, with local refineries quoting at Oc, less 2 per cent for cash, for fine granulated. The Federal, the Warner and tho, Na llonai comilPnieB uvmtnuo viiiniruwri. Raws aio unchanged at d.OSKo- .The LIVESTOCK QUOTATIONS ChlcaCT, Dec. 14. HOOS Rer'elpis. 65. 00O hend. Mostly 10c lower. Blaushterlns facilities overtaxed and many thousand hoars coins oter'wlthout bids. Top, f 17.70; bulk of sales. $17.85017,63; heavy butchers, I17.A0917.70i medium and light butchers. U7.0OU17.OO; heavy pack Int. fill. T.ltflT. ,1V. medium and llsht paeklns. I17.2P17.46; throwouta. 10.76lt).7P; piss, sood to choice, 14Q16.60. CATTLE Ilecelpts, 3000 head. Compared ulth week aso, beef and butchers mostly 20o (0 00c lowers cannera about steady; calves II lower; sood welsht feeders steady to i'5o lower; common stocks off more. 8IIBKP. Ilecelpts, 6000 head. Compared with week asor lambs mostly 80c to OU lower; sheep and yearlings weak to 25c lower. rittsbursh. Dec. 1 1. HOGS Receipts 23.000 head. Steady; heales and heavy yorkers I17.3. nsnt jorkera anu piss, sin. KHEKl' AND LAMDS Ilecelpts OOO head. Stronger, Top sheep. 19.30; top lambs, I10.0O. CALVFH Receipts 100 heod. Steady. Top 119. KoBt Buffalo. Dec 14. CATTLE Re ceipts. 900 head. Slow. Calves, receipts, 75 head. Fifty cents lower, 15 09.70 110US Receipts, 4800 head. Steady, Heavy mixed and yorkers. $17,80; light york ers and nlss, 118.601 roughs, I12O16.N0; tnni 11OA01X. SHEEP AND LAMBS Receipts. 1400 head. Lambs steadr; sheep dull. Lambs, $9010; ewes, $498.00; others unchanged. Kansas City. Dec. 14. CATTLE Re- ..in(. ano head. Nominal. HUUo iteceipts, uuv nrao, oicauy, iw. SHEEP Receipts, 600 head. Nominal. Local Bid and Ashed Raldtiln llurf A 8usq t c. do nref nrlll J (1 Klec Htoroge. . uen Aspnait. uo pre! Keystone T.ako Sun Len Nav. . Ih. Val lev Leh Val Tr... 00 prer Penna Phlla Elec .. I'mla uo. Today Rid Ask T4V TO no1 4 311 ipnait nnvs ref 70J4 ne Telephone. 10 Hup Corp.... 17. 0HH 14 24 40 20H nu do 0 per cent pref 30 do 6 per cent pref 32 Phlla R T t c. Readme Ton llel Ton Mln . . . Un Trac u a 1 ti S Steel.... Tork Rwv. . . . do pref. .. Wm Cramp. . mU 83 an'4 73 "? 31 SO 74 4 RB'4 24 00 874 77 It ,;u 00 tnfi jou 81 .11 33 27 83 i 30 Testerdsy nid ask 74 70 65V4 03'. 34 76 10 72 59 14 4 m 3(1 33 20 81 2 3 3914 73 81 SO 74 0U4 24 r.4 87 l 73 oo',4 411 20 83 31 .14 27 h3i 2 74 63 New York Bonds Illxh $1000 Am Agr cv 59 9S Low Close 98 98 165000 Anglo-Prch 5s. 96 06 96 26000 Am For Hec 6a ) 094 93 9000 Am T & T 6s. 96 96 96 3000 do 6s 102 102 102 1000 Ann Arbor 4s. 58 68 58 3000 13 & O cv 4s 85 86 85 260(10 Braden Cop 6s 96 96 96 2500Urltn It Tr 7s. 93 9J 92 1000 Bordeaux 6s..lons, 100 100 1000 cent Learn os in 5000C 4: O 4s... 82?4 7000 do C(-iv 6s.. 88 1000 Chi Ot West 4s 65 3000 C R & Q rg 4s 954 1000 C M & St P 4s 79 1000 do dlv 4s ... 76 3000 do rfd 4s. 76 31000 City of Paris 6s 98 5000 RIs Sec Cp 5s 89 1000 Dom Can 26s. 97 2000 do 31st 97 7000 do 2ls 97 43000 Ft Rep 5s..l04 8000 Inter Met 4s 46 4000 Lake S d 4s '31 90 26000 Lib Bond 3s. 97.88 27000 do conv 4s.. 93.18 24000 do 1st 4s... 93.60 663000 do 414s 96.10 4000 do 1st 4s. 97.20 228000 do 2d 414s.. 95.98 tnnsnno dn 4th 4 Us. 95.88 3000 Lyons 68 1004 mui iur4 26000 Leh Val rts 8S.103 102 102 6000 Mnnhat Sta 4s 80 80 80 2000 Marseilles 6s.. 100 100 loo a; 2000 Mo Pac 6 . . . 994 99, 99 5000 do gen 4s .. 64 1000 N Y Cy 3s 64 May ... 84 1000 N Y Rwy 6s. 13 1000NYWC&B 4s 55 2000 Nor Pao 4s... 874 4000 Pa 4s 1921 08 1000 Pierce Oil 30s. 100 5000 So Pac CV 4s 85 8000Trl-Clty 6s... 9614 1000 U S S & R 6s. 99 1000 U S Rub 6s. .. 87 3000 U S Stl s f 5s. 100 10000 Cn Pac 6s.... 104 5000 U K of O II & 1 KU 1919 9914 60000 do nw 1919.100 100 100 16000 do 6s IS 21 98 98 98 Total sales. 14,582,000, compared with 19,608,000 yesterday; this week, $04,919. OOOiWast week. $67,004,000. 97 97 824 82 87 87 65 65 95, 95 79 70 76 76 76 76 98 98?4 89 89 97 97 97 97 9714 9714 104 104 4694 45i 89 89 97.74 97.80 93.10 93.16 93.40 93.40 96 00 96.06 97.10 97.10 95.90 95.90 95.80 95.84 61 64 84 84 13 13 5614 55 87 87 98 98 100 100 85 85 96 95 99 99 87 87 100 100 104 101 99 99 CCLXX IXXIE Is no more! Hm. hm. Minnie has flown the coop she has left and we did not part friends. This in how It happened Miss Sloan said she called after me as I was going down tho elevator with that prospective salesman. When I got to the office this morning she was there with tears in her eyes. "Oh! Mr. Flint, why didn't you come back when I called you last nlght7" "I didn't hear you call me!" "Yes, I did ; you were with that sales man that was here last night." "Which one 7" I asked, for there was such a swarm of them in that I nat urally did not know which one she meant "The last one, the one that you went out with." "Tho one that is cpmlng back today !" "Coming back nothing!" she sniffed. 'Ho won't come back he stole my handbag." "Nonsense," I said. "Nonsense nothing," sho said. "He put all those little parcels on my bag and when he picked them up he took my bag along. 1 I had six dollars In it, a vanity set and a lot of other things. Yes, and I had a packago of gum that I hadn't broken Into." "Well, he will be back this morning and when he comes he will bring it back." I went out of the office until 11:30, to see If I could dig up a few prospects, but I had no luck. When I came back. Miss Sloan had evidently been thinking things over, for hardly had I got Into the office when she said: "That man has not been In nnd you will have to make good my loss!" "I will do no such thing. If you can't look after your own bag, I can't do It for you!" "It was stolen In your office. If you hae men coming Into your office that you can't trust,. It is not my fault." Then I got mad nnd gave her the money and told her to beat It. At first she refused to take It and said she would not leave until eho got $45 $15 for salary, $15 In lieu of a week's notice and $15 for the bag that the salesman stole. "All right, my gal," said I. and made us if to put the $16 In my pocket. She grabbed It up and Bald, "I will take that, but you will hear from me don't worry' J'ou will hear from And as she disappeared down the hall she still kept repeating, "You will hear from me." I want (o sell ten lots a week, and I haven't a certainty of selling a single lot and no chances for selling any next weelc either. It was only when It was too lato to get an ad Into the Sunday papers that I thought of advertising for prospects. Gee whiz! I wonder why I always manage to think of things when It Is too late? I was talking It all over with Francis this cenlng and asked him what was the trouble. Francis pulled a gnmace ana said: "You haven't produced much results this week, have ypu? Suppose you had spent the first part of tne weeK in planning what vou would do and then the latter part of the week In following out these plans. Don't jou think you would hao gone lurtner-' "Remember, Peter, that the man that la irolng to succeed as his own boss, or In any kind of an executive capnclty, has got to do more thinking than doing." BUSINESS CONTINUES AT LOW EBB IN WEST No Distinct Disposition to Ex- pand in 'Any Line, Although Confident of Future ' 3S.V Chicago. Dec. U. The waiting attitude of general busi ness continues. In no line of trade is there any distinct disposition to expand uncertainties without number prevail and It is exnectert In mnaervnttvn nlr- cles that thcro will be no real orornfm 4l'f'i'S made In the return to peace conditions "Kj until alter the deliberations of the Peace stiiSl wvincience aro completed. Meanwhllf. nil thnt r-o. ,in. c- satisfy immediate demands for various) J!$2t product. Concerning the future, nearly biilM an or tne best authorities are of the be- -f-..S net mat great prosperity Is ahead, but Cvtel Jl iisa 1 ii Financial Briefs South Omaha, Dee, 730O head. Steady, CATTLE Rocelpts, SHEEF iieceipis, none. 14. HOOS Receipts. 600 head. Steady. NEW YORK COFFEE MARKET New York, Dec. 14. -Brokers In the street are reported to be doing a land office business In small lots (25 bags) which do not come under the profit re strictions established by the Govern ment. Virtually no Santos coffees are being offered In the local spot market and prices continue Irregular. Mllds are In demand, but are growing icarce. 1110 7a spot are orterea at nuc lor small lots with to per pound btalname ior targe iou. The memuers ot tne new iorK lonee nd Ruear Exchange will vote on sev eral amendments to the bylaws on Mon day, uecemDcr, ?e. BAR SILVER 1 Last 1918 Today Tes. Sat. Hlsh Low N YorMcental.loiH 101H 101H 101 H Londo'nlpence) 48,V 48r 48,'. 40 Dig Gsin in Meat Shipments Clilcaso, Deft 14' Shipments or fresh s$ 1 1 .a. ia ih a 1 fniHM tus' iw mwijn. - . nnsui rnaisi irnm 'ninsj rrrw vis lira air 1 mtm"vmtr .1 '-. ..-. 1 am nil nueaa sn Msskkiniikiia .!. jb smm. "-- ;, sautf-.,., i""ix' m?;.Af tj :s:.",naapbi.ii zzzrhVisi r ..tmi 3..".'?.w':..,. . ,' ssTar.i-iYfii'' jm i..-w;r.3w?L utiMii'wui.srrS SMSXiSmSfrV utks ". ." . .!.,, The London Stock Exchange and the Liverpool Cotton Exchange wero not In session today. Commercial failures this week In the United States are 169 ngalnst 169 last week, 104 the preceding week and 230 the corresponding week last year. Failures In Canada number 21, against 16 last week, 9 the preceding week, and 17 last year. The Xew'York Subtreasury lost $56, 000 toethe banks yesterday, John I. Clausen has been elected president ot the Second and Third Streets Passenger Railway Company to succeed Horace T. Potts, resigned, Mr. ninAvson waa formerly vice president and director of the company for more than twenty-nve years jje js also director of the Ftankford and South ward Passenger Railway Company. A. H. Thurber has purchased the Xew York Ptock Exchange membership of D. It Ireland, deceased, for $60,000. This Is an Increase of $3000 over the last transaction. TODAY'S HUSINK3S KPIOItAM True liberty is the right to do as you please if you please to do what Is Wphf. Sent by E. II., Boston, Mass. What does this mean to YOU? Just when this will begin to manifest 1?' nseir in a decided way few prediction are mado. It is pointed out that for some time to come thero will be con ferences without number, held tn 'dl ferent parts of the country, to determine ways and menns for making the return of business to a peace basis as promptly and as consenattvely as It Is possible to do so. All Industries arc affected In one way or another, but bnck of all of this Is plainly seen th B-rpnteaf r-nnfl,1nn In the ability of tho American business Xifif Interests to meet in a satisfactory way f-WM the perDlexlne: nroblema which now rAn ' . & front them. 'i; S Traffln rptnrnn nn t'Atnrn rllinB flitsVjC as a whole, do not show any Important ll , 1 ....,,. u . ...t.v., llt ,nuua .vimiv,u(i.icc, (trt,rt "8 nt.,1 thA lant An-.-t U.. K-.- 1-" ""W lndlcato that tho volume runs from ID tn 30 nt fn ..nBOT n .An nD-n ftrtJ ,.. ..v ,.,,Uv. JV-., a(.', -Vftlj- - ...ubi uubwt rti niiuaiiuu f, cll latyj uu me wcaicrn roaos man ior some time . jw past and the movement of freight Is W1SJN therefore facllltatod to a considerable "' extent. There Is also a greater dlversl- -. '&! (lrjltlon it frelphl hftn fnc Knmt. lmA .'.'Alll past, although this situation has not ''"TO; Drougnt up tne total volume to wnat l"eue:; wna at tnis time 11 year ago, aimougn; Ua operating conaitions were very nearly u-vvjl similar. ' fl?4rj-a Reports were current, however, that "?x taxing tne volume or Business nanaiea iV'.Vni' ,U. ..no vtrcil D((II 1111. U EM(K t., lVC( -i " " VJ. year ago In the aggregate. '-'M'iSw The dry goods trade has been helped. JfttW.'J m a leiau viewiraint, Dy tne nov'ji'yH nt of holiday goods and retailors haVe-v-Tra reported a splendid burunesa. Mors "nsvfl merchants visited distributing centers' ' """nB than a year ago. Collections are good. ;jaj from me LOCAL. MINING STOCKS Jim Hutler . MacNamara Midway Mlipath Est Montana ... Nor Star . . Ilesrue Kula West End . TONOPAH STOCK3 Itld ,... .88 .23 10 04 14 08 oa ill 't (iS Ask V5 40 Y&.-& 'z-m .17 KW in .11 1 OOLDFIELD STOCKS Hid Atlnnta Oil lllue Hull 02 Ilooth 15 Dlamf U H OL Daisy 02 Kewanas , .07 Oro OJ. fipearhend 18 SlUcr rick 00 MISCELLANEOUS Arl .United S Noada Wonder jt Tecopa Mln It XJC99 ullul "((DUIKCU 111 llUVCllltJCr UlJ!i Washington, Dec. 14. A report Issued-,, Tii shows that there were consumed In No- 1W( emDer, exclusive oi unters, o7,S7q flOM running hales, compared with 590.427 In " if Including Unters. wer 350,003 running 1 Imlea. azainHt 418.685 bales in Kavem- . ?f.J Ask .07 ,04 .17 .03 .03 -OS To .-U .ui nr ,so ,u uaies, againsr ti. uaies in ovem- 5 , ber, 1917. Imports for November were .ejraij 26,901, equivalent 500-pound bales, .ir.iZiX. against 7038, equivalent 500-pound bales ""r'-fi (17. .Numner or cotton v $P t. In November was 33,-,-,,,, ,.i d with SS.eiS.ZrIrbalea " ' In Non ember, 19 anlndles active 1 121.507. compared In Bame month a year ago. unrf WINTEK BKSORTH ATTJiXTIO CITY. N. J. HOTEL Pennsylvania Ave., close to Beach an4l SUal Pier, central location, always open. I Capacity 800. ErsrT appointment condu-1 cIts to comfort and recreation. Special I WInterUrms Bklt- AlhsrtH Irnell Woafmtnxter Ky. av. nr. Bch. Elev.toat WCSnninslcr Prlv balh,i runnlngwstsr. $12.50 up wkly. t $1.80 up dally. Chas. Iluhre. HOTEL B0SC0BEL KenSAAlwryi open. ThorouRhly heated. Ilklt. A.B.Marion. ZJIKCWOOD. N. J. LAUREL-IN-THE-PINES LAKEWOOD, N. J. Now open for the Fall, Winter and Spring Seaions IBaNK r. snuTK. uca. DIVIDENDS DECLARED Atlantic Coast Company, quarterly of Stt per cent, payable December 81 to atock of record December 18. Canada Steamship Lines. Ltd.. quarterly of 1. par rent on preferred, payable Jan uary 2 to atock of record December 14. iTavatAna Tlr. and Rubber Company. uartafly ot 8 per cent on common, payable terly ot $1.75 a share, payable January 31 uary '. 'e.tlni house Air Brake Company, guar- lare. paraoia December 81. January 3 to holders of record December 20. - -tnj-( nt TnnrA Ueeei Plttsburch Plats Glass Company, dlel. .lend of 14 per cent on common, payable December 81 to stock ot record December 14. H. F. Aviry Company, recular l'iper cent on preferred. paabl. January, 2 to stock of record December 23. LtttU Schuylkill Navigation IJallroad and Coal Company semiannual of $1.25 per share, parable January 15 as registered De camber 10. Kookr c,lose, December 16 open TVERNr.ltHVILT.B. PA. WAITERS PARKpiw V? Wernersville, Pa.lOG I lor rest, reereillon and hellla. Fine sll- 1 I jrssr-round climate. Saleadtd nouatala I I roads. Free Oarais. Ei.cirle sad noes- I I taent treatmeat When desired. Resldeat I I pbrilcUn and nurses. Two hours from I I rbusdelphls.Eiprcsiiirvlu.Alwarstpea. Ownership maasf smeal. Est. 4J ysua. J SUNSET HALL 1?n,,J1 "" Chn" .j . .JUJ homa .comfortsi crisp, dry air: beautiful mountain walks. Blelchlns, coaattnr. etc. Not a aanatorlum. VII.l.K. I' A., or Iedrer Central. APOPHTA. OA. Hotel Bon Air AUGUSTA. GA. Opens December l,93-A convenient and de I'VE SPREAD MYSELF OUT TOO THIN I'm writer ef adrertlslor toPT. Ambitious and determined to sneered la a targe way, ray present position as service nan on st larxe dally newspaper burdens me with such a load ot routine detail work that Interferes with my ropy. I must concentrate my enertlrs -either in the copy department of an agency er as assistant to adrrrtlelne- raanarer of procresslTe manufacturer. En ersetle and industrious I am nssr doing two men's work. Ten years' editorial experience before enter Ink adiertlslnr Held. For Interview address D tit. LEDOEB 01T10B u -. wa 4k WaT! ANNUAL ELECTIONS ? TUB ANNCAJj MKETINO OF TA ' .- irll l& l-ollohold.rs of the Keiston Matna f. j'Afl Tire Insurance Company will .be held at.tb;. i3i office of the Company. H Wldener buildlne. , 4 Phliaasipnia. rs on ,""'. 15th. lOiq. art liW o'clock 1". M., to it Dlreetora to s.nre ior in. .iu.h. jwi ( .., , ir.n.act any .other, business that Mr lecally come b.fore th.m. ' . fr issain i.ii.h p QN-rx, Acting BecretajTr, ."t TllK I-11II.AI)K1.1,I1IA . ,. . ' !fcE . . NATIONAI. 9i r&Ilarieipnia. uectmper e. i for Directors wll on -sossnsr. iwnr 14. m. wKS."JKt8H.f. l?JB ana i p. in. ituitAn w-ww - Tho Annual Election for held at the Panklng House uarjr 14. ltivuie".. BOPCATIONAT. rt, Both Bcsca -" BtlOItTHAND AND BOOKKsmriNf si I- slsbt '! Beroa. car K. ti . ...- i-i...'-iiaanfeiaJtj.J.,.. .x. . . .,1li... .. .. . .. -. jit . . ... .!(.ai,.?. J- . . . a. .;'k-. f , , irt . -rim HH.1W' -- - '' m- '-- j , r,-m
Significant historical Pennsylvania newspapers