i5S''' -vVjK'JiiiilWP1' Hi'Vv n""i"jt .- i' ijjj i .-- j. EVENING PUBLIC LEDGEK-PHILAI)ELIHIA, FRIDAY, JANUARY 3, 1910 1G NEWS OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK PRICES SyW.'-fTMM-. )"iyv:r if if Yon Know K -. a I s ? I ? Sfocfe WAicA vMay Advance- .4 do you know how to profit by your knowl x edge, or do you lose '' opportunities because you do not under-'- stand t The General Rules r for Trading? i S They arc easy to '7r learn. Wc will send you free a very in teresting vest pocket " booklet which explains them in simple language and gives easy examples. The market seldom if ever offered such brilliant chances. Get a copy at once without obligation. Write for Free Booklet TU-432 JONES & BAKER SECURITIES Mrisfenei- Bide-, rhlljdslphsa 'Phonti Dell, Walnut 1690 Kevtton. Race 2290 ! Jw Trk rilltbntk "CMeaco Direct Meals tTlrss BuUi PETROLEUM ISSUES CONTINUE ADVANCES ON NEW YORK 'CHANGE Group in Good Demand, With Buying Becoming More Urgent as Higher Levels Are Established. Heavy Trading in Sinclair New York, .Tun. 3. AUIiourIi there were mixed dinners In the clock market tho tono win strong, with the petroleum Ntocks uRnin ilemnmlltiK most nttcntlon. All that croup was In Rood demand nl ndvnncltiB prices, with the buying becoming more urgent ns higher levels were established. Mex ican Petroleum swung over a wide range, Hist dropping 2Vi lo lHfi'i, and then hiving a quick advance to, ISO. Texas Company advanced 1' to 189?i, and an advance of more than t point was mado In Pan-American Petroleum. Speculate e Interest was concentrated to n great extent In Sinclair 1)11, which, on unusually large trading, advanced ltt to 35?;. Pierce Oil and Tevas Company rights both made substantial gains. Hrooklyn ltnpld Transit was weak in tho first few minutes, falling 1 point to 20'i, with n later rally to 21. t'nlled States Steel rote to 95V Marino prefornd advanced "4 to llS'i. The railroad Blocks became nctlve, with Southern Pacific moving up 1 '4 to 1034. Texas Pacific continued Its upward movement, advancing 1" to 33''.. NEW YORK STOCK SALES t.sst close lllutl Adams nxpress... 49! 49 AJax Iluhber rts.. V.i l! Alaska (lold M... Mi Alaska Juneau. .. IU Allls-Chalm Mfgr. .T2'i Am Agrlcul Chem.101 Am Hank Noto pf. 42 Am lteet Sugar... 0.T1. Am Hr Shoo & P 100 Am Can 4SU Am Car & Filry. . 92 . Am Cotton Oil... dOU Amer I'xprcss . . . RI!S Am II & Le.i pf. 72 Am Ico 40 Am International. 6."s Am Linseed . .?. . 47 4 l!i 32 101 "IS1 02J' 11 .M t.nw .m. 48'f yt 4 ' V.i i 02 '02 92)5 2 ww'wi' 65' 17U Am Linseed rit... kO'i ... I Am Locomotive.. 01 01!i l Am Smelt & net.. 773 i "' Am Steel P'tlrlrs. S5 W3 i Am Sumatra Tob, 07 i PS. 65' 47 fii'i 77 Si 071 55U 17 'inn 77 Bi" 1'8 sm .-Sumatra too, ui" " ; inn's Am Tel & Tcl....l(K)!i 100 J, ; Am Tobacco ....lO.!' l'J"i 1J,Jj 1J,J 1 Am Toll pf new. Am woolen i Am Woolen pf , ' Am Writ Pap nf, Am Zinc 1, & S. 101'i 61' 05U. J8Ji . ll! Si's 51! 31! 12! i C0H 12!i 'oi) 12j 'co'i SUPPORT IS LACKING , SHARP BREAK COMES IN THE CORN MARKET 70U 9i d.' i 50 70' in 75 50 70!i 9.1 50 Send for Your Copy-FREE Tie InvestorsTocket Manua TPurrent Statistic; Records and fiigh and Low Price of Stock Jfinrf Bond of Railroad, Indus trial and Mining Corporation, yo Grain, Cotton, Coffee and jProw'jion. United State Steel Midvale Steel Bethlehem Steel Pennsylvania Railroid Southern Pacific Missouri Pacific General Motor American Teleg'ph&Telephone I Willys-Overland i Anaconda Copper Inspiration Copper i Kennecott Copper Penn Seaboard Steil Keystone Tire United States Steamship 272 puses nf tip-to the mnule In formation on PUkk-. unci Honda anJ oth.r S-rurltle ln.li.1 on nil tha ,lfndlnff Kxchnncfs of tho country tSriitl for iour free Com K si at oner. WINSLOW TAYLOR & CO. Mrmlrfrs rniiollit.itc! J Stork KxflniiEP nf r York ! 43a avidi:m:k m ti.iti.vn j I'llM.VIII.I.I'IIIA Tflriilinnrs. Uiilmtt n.8i".. Knrr 5I9A Dlrrrt t'rllnti. Hlrc i.Vrir nrk I'ittshilruli lir.lrr I llnntlninlon Jo!ifi.toun Tratle Is Looking' for Larger' Hereipts Oats Arc Eas ier I mler Pressure Further Selling (It M.N IIKI.T i:Tlli:U I (IM)ITIONS hlnico, .l.in. .1. IlllniJ l"ur nml ninlliiuil rolil lonUhtt Miniruluit roldrr Miutliriili titnrilii) inirtl dumb, wlllt rNInff (Miuirriiturf, Vllftourl I'nlr tonicht nml SnluritsTt wnrnifr Hnturiljy unit In et anil Central lali (onUlit VYUconsIn Knlr tunlehtl rolilir ri trfm nortlifiit mill rUlnic Ivnuirrnturo norlliMPfct; hiituriKiy clomb, lutirli iurinpr at ulKht. Vllnni.ii(ii-l,irtb rlnuil tonicht nnit hnttinl.i)! iiiiriner. Iohii Fair, with rUlnir trniprriitiiro liiti1 lonlchtt Hnttirilii p.nil) ilouilt, ulili riinlillt rllnc tf miif nituri. North Dikotii fair tonicht mill Siit liriloi toiiih iurmrr titnli;htl holilrr ill tinlm iirterniMin In l.Ht. nulh IMkotn lair liinleht nml Sitnr ilini niiifh irinrr Imilclil nml In i:,it iiimI (rnlriit Nittirilu. Nrhr.i.k.i nml kmmns l'nlr, wills mirnsrr ImiUlil nml ,iluril.i . Miiiit.inis anil tljomliiit I ulr tnnlchl nml ?utiirlii. ira Zlno 1 & S pf. 42 ' Anarond.i Copper, 01 Assets Ite.illzat'n. 1 1 Associated oil ... 005; Atch Top & S !'... 92JJ Atch T & S V Tit. 8SH ',. ;.,,. All llulf & V 1..107U 100?s 1G' ,0l,' At Inn f! X f nf f.7 ... ' . IN COTTON MARKET' iUT :::: JSi Halt & Ohio pt... &V.2 Ilarrclt Co 10;i Urthlehem Steel.. 01U Ueth Stl Class H. fll,' llcth Stl a p c pt 10IJ(' lUmth Klshcrles.. 22 llrkln Itaiilil Tr. 21,'i Hums lliotliors . 155 Uuttu Cop & Zinc. 0 Ilutto & Superior. W.i liutterkk Co. . . 17' California Pack. . 4U California. 1'ctrol. 22 California. I'et pf- I"' I.mt 11:10 tloni- Itlith Low a.m. Scab Alt Lino pf. 17 Sears Hoeb & Co.175 J7f. 175 175 Shnttuck- Arizona. 13 13 III 13 Sinclair Oil Itefln. 3f ait: 34! 3I "'""Sh S & I... -inj; 401,- 49 40 So I Illco Sugar.. 132 . Southern Pacific.. 102j 102'i lOHi 102' Southern Hallway. "o: 29!i 29i 202S South mvv nt... m . ... Stand Milling Df.. RilJ 855a 8-5M btudobaker Co... 51J,' 51.'.' 61J3 aiuueuaaer uo pr, o?Jj ... Stutii Motor . ... m 50'i Texas Co is,s ml Texas Co rts.... in, 175, Texas & Pacific. LIj 3,)U Tobacco I'roducts. 72!i kVA Union Padflo ...V.a', mo .Union Pacific pf. 7:',- , , United Alloy Stl.. JtS'i 38'i unit Clear Strs..los 108 108 1US United Krult ....107 115 IK. 15 U S Indus Ale... 1P.1 0.t 10.1 10.1 U S Sm 11 & m. . 4,( 45j " .-1 oral n,,ij U S Steel pf 1131,, Utah Copper .... 7t: It. ..I. L. I.. V ' iu .-ifcuruies. . , J3 8.' j 32! j 11! Philadelphia Stocks . ,, ,, )llKh 100 Until Loc 75 100 llrkn It T 20H 120 (len Asph 39 i .100 Lk Sup C 18 103 Leh Xav, 72 H 288 Pcnnn.HU 45i, CO Ilendlnir.. 83 25 Un Tract 39 300 V S Steel 95", Tiir 7Ba 20 Hi 39 '.i 18 714 454 83 39 96 U 11:40 Not chKO. S DM Ji 1 IMPROVEMENT IN TONE IS NOTED ON THE LOCAL STOCK EXCHANGE J ikt I Trading Is Dull, but Most of the Few Issues Coming Out T?W T ? 71T1. C..U. . 1 ".., Poimoulimniii lVlUKt OULUBtUIlllill VTillHOT i ninojiiaiiia Railroad and Steel the Favorites IIOND tilnh t.nuf 85i20 Lib Ponds 61)5 1 3d 4Us!HbO 9fi 4 83 39 95i ll:to Net cnne. 96 50 f.12 05! i "-hi 70! 4' 45J 70 45 05 IJeelines I'ressure Follow as 1 Weakens. ' (Mi 'oi!' 0l! Vn-Caro Chem Wabash Wabasli pf ,, West ilarvlanri r,s""Bh 4i MIIs-Overl.-Hi,.. "0 Worth V KM pt 11. (A,U 32! i I'U DJi 71 Mi New York Bonds .W 50'. j PHILA. INACTIVE STOCKS 'fi'li "'.-i? 1 Followlnr; are quotations for Inactive .V.i Vi'u slocks "s,eJ In lh0 Philadelphia Stock ' J' I Uxchantre and In which there were no M o I transactions today. The price given Is 120 12 0 the last prexious close: Acme Tea Co 79 I. ItiTrnns nf 25 :bU 38'i Alliance Ins.. 19 Leh Valley.. 644 Amer ililllniT. lO'.i Little Schuyl 48 Am Huys pf. 70 Lit Pros .... 25 Am Stores pf 90 North Central 754 A Q war ... 74 North Penna. 94 Am Sirs pf.. 90 Phlla Wee.... 26H Puff & Sus pf C3 p N Bk pf. .275 Puf&SUMi t c. 73 Penna Salt .. 85 Prill J (I.... 2 rhllft Co cm pf 32 Brill J Q pf. 70 Phlla Kl w w 24 Cambria Iron. 394 Phlla & West 6 Cambria StielUS p 11 Tclfs... 26i uaiaw 1st pf 62 Cataw 2d pf 54 Cnt Pass Pys.109 Con Trao .Nf J G2 Cornl-x.NtUk .130 1'lec Storage.. 53 Fth S N B.180 C!en Asph pf 77 Hunt & B T 10 lit & B T pf 16 Ins Co of N A 27 Lake Su Corp. 17',J 73' 78! 1 22! i 1UJ 41!.' 7.1. 20.' . 32J' U't Wi r.iH 20 January Lower (lllrtlN IIIXT MKATIIKK ( (1M1ITIO.NS New York. Jun. 3. Tlir follonlnr tim irritttirr Mrre rrronlril In flip rultim lirlt tliu innrnlnKi l'i;rl J.111IU1. Ill) Oktishonut t In. I i I II lie Itnrk. Ill llrrlillan. IOi Mrmi.lil,, 1H llil.sliuri.-. .MoiiUoiiipri. Kimttlllp nml tlanlii. XOi .hrpiruiirt. 2J .xan Anlmilii nml rrliMirnlii. 2l .Inron nml Nr ()r Irnnt, SSi : (InlleMon. Ol Aintn.tn. :IX su. jissimsh. 4(i Ullinlnttnn nml lintlrlun. Mi Til in nil. M. 1111.I .liKkMimlllp. 7. riirrr Mil. .01 Inrh i,f prr Inltiillnn nt l..ilirtmii .1(1 is Tissiiimt .(! 111 .l.uknn )lllr: .10 nt Wllnilnetiiiu .21 isi ,,srlr I11111 ,4K nl siinnniilii ,.1H at Knntiillpi ,K(I 11 IVniniiiliii ,!Ml nt Nfii Drli-iuiM .01 nt MiililSTiinspri 1 I..1I at Ancii.l.i, nml 1.111 ut Miirnn. Klllinc frii( . rrpnrfnl ill Np Or-Irun, ; 20' 22J 155i 155! i 155i IsJi !' !' L'0't 10! '-' 4Ma 22. w .l.'i 4Jj "'i 22" a t',ti 00 Canadian Pacific lOO.'i 100.'. 1W).'. "Wi, iIOOlj Casn .1 I Co nf.. . 02) Cent Leather Co.. OOJi Ccrro do 1'asco C. 33 i Chandler Motor.. .110 Cliisa & Ohio 57'i Chi (It West pf. . . 25'i Chi M & St Paul. 3hJJ Chi M & St P pf Chi & Xorlhw'n Chi K I & Pac. . V It I & P 0'J pf 00! i 31 57U 00)! 31 '57' 4 3"J' 00!! 31 571i -30!i innn , , .. IIIkIi T.imv lino Adams Kp 4h (.5 1,6 8.lnHIAiiK-l'"nncli 5s H7"i UTV fiiiiin Am I-'nr Sec ri V'j, imu M'OOChl II .t 4s y-ij ys?i, 21100 cm ; Mn&st i- rfd 4i,8 . 74'. 48000 City Paris lis -itia, SOIKI I loin r.in.i -31s 'i7'.. 1110(10 Kreh lteis 5'iH 104". 20(1110 Inth Mil 411.H. II .10000 Lib Bond 3is. !HI.-(I 09.70 15000 do cv 4s. . . 93 OG 93.00 (lo 1st 4s. . . do 4 '. 1 s 130000 do 2d U..H 320000 do 4th 4WS 2000 N V C & II lis 2000 XV Uhv Bs 1(100 Pierce, Oil 24s 8,i 8!)i diiuo south P c 5s 101 104 11:40 or, f,7!-4 9 'J i U5" A better tone Deemed lo prevail on the Philadelphia Stock Exchange nt the openlnp; of the session today, and, while only ten stocks mid one bond hod como out In the trading up to noon, some very good gains were made In price, Pennsylvania and United States Steel were the favorites In the list, both scoring advances. Reading was nlso up to 83, 11 gain of U from last nlght'a close. Baldwin was up V,, General Asphalt M, Lnke Superior Corporation "i and Lehigh Navigation "i. All were sold In small lots. A hundred shares of Hrooklyn llapld Transit were sold at 20'J, off i. Mlnohlll and Union Traction were unchanged. Tho ono transaction In bonds was a sale of the Liberty third 4.is, which made a gain of .12, at 96.50. Phlla Trac... 71 Ilwys den .. 2 Tono Mining.. 3 Unl Cos N J.190 L'O I 71 UtdUwyHpf.. 14 Un Pss ltwys.160 War I & S. . 81 West Coal... 76 Wm Cramp. ..80 WJ&SS.... 45 , MONEY-LENDING RATES I rillLADKLl'IlIA Call, C per cent! time, B?i6 per cent. Commercial pa iper, three to six months, 66 per cent; I six months, 6 per cent. Philadelphia Markets PROVISIONS 1 Reserve Banks Discount Rales I Official discount rates at tha twelve Federal Reserve banks were as follows: 1 (Tho first column gives tho rates foi all periods up to and Including n fifteen, day maturity, the second for a period I of sixteen to ninety days. The thlro and fourth columns are tho rates for rediscounts of collateral loans secured by Government bonds or notes.) Com' I paper dov. paprr I 10 to uo 111 , n.i 15 days dais in days days 74 U ait U 104 10 '4 74 1. 1)11 li 07'.. KM", II 99.70 93.00 113.00 93.00 93.00 !lii.28 90.20 90.24 05,00 94.98 95 00 95. 50 95.40 96.44 91H 9934 99"'8 I2', 12i 12!. 89'i 104 I'lilrisEis, .Ian 3 Support In the com market Mas pour this niornliisr anil prieei I 1 nniliig beie fur iloliwry Mere easier under scattered selling by ' ('"''traits C It I & P 7 pf. r nrk, Jan 3 Active llriuldatinn ' Chile Copper .... I through commission bouis broke the CI1I110 Copper ... cotton market hharply this morning. j Colo Kutl & Iron. l''lrt PrUes Mere 10 to to points Columbia (1 & IJ. . I Inner followed hj further nntabte de- CmiMil (las illius as selling pressure increased. Continental Can. p.irtl nn rumois that more rottnn as on .lanu.irj re Is- local crimd Colder Me.ithir In the West weaken that ilellmy. ,is ennsldereil f.iorable fnr the mow. ! Sit hull-is g,iw gnml Mippoit at tin nunt and tho trade na looking for V(iTtoijrt7eiTy'yrCin January Investments U. S. Government Gondi Foreicn Government Bonds State and Municipal Bonds Railroad Bonds Public Utility Bonds Industrial Bonds Our January list contains seventy lnch-irrade issues representing every class of ucsirauic investment Yields range from 2re to more than 7r,'c , .1;. for l if tin, i' 1. 1 ". The National City Company Correspondent Otii es in i Cttiri PliUdelptit 1421 Chestnut St. Telephone 555 Locu.t larger receipts. The nrrh.iH luti 111 ilaj Heie 25.1 ears. January op.-neil '? lontr (lt $1 It and l.itir bold nt $1.40';. March stall. d .it 'ISI1, against fl ,15i4 at the end fStenl,i May niiemil at $1351, to 1.!3'., aguiiist $l.;-.i, at the close yisti'iil.iy, and later Mild .it ..1,-.. nats mitc easier under in ensure- from IiH.il interiMs and pih of th,. leading ' """"""' iiimmtsHiiin hou.ses wlileh has faor.-d the 5''v '' ' 'filing side for Miniu lime. Then' wiro Jutv I rurthi-r ileliviTks on January umti.iclf.. j",8?'','. I The urrl.ilii here tiiil,i uto 90 ears ' ' ,r January started at CSUo to Hie. against ts'nc lit the end Mstml.iv. Mairh oprn.il r,r lower at f.i"Mi .Ma Marled .it rtlia, to 70c. against 70c at the mil jisterd sy. The ruclpts of wheat here today wiru 147 cars. ileellne, but win- unable to ali-orh the offerings', put of which came fiom South Atlantic Slates. The lone was wry unsittlid at about 51 points i.it dei'Ilne. Th- leeilpts of lotton at the Corn Prod Hef. Corn Prod 11 pf... Criu Ibl.i Steel . . . Crucible Steel pf.. Cuba Cane Sugar. Cuba C Sugar pf. lieero & Co pf 110 Mi Wi 7S1.' Ih's. 345' ;j!4 42' 1 U7 d'i'; 4SN 101 08 91 29.'i 7!IU P.V4 I Hi Lack & West.lSJJi Den & ltlo Or pf. b OlstllluTH- Seour. . 5 1 Dome Mines .... 12.'ii i Urlo lfi!t ports Lnu 1st pr. ffi Uti 9G ','j 2.i '-'J lk's M 'io'i :t4 yi :u Siii 37'.' 37U 42;. 42,'i' 42J. 4!) '4ij'i 'h 1(11 1(11 Kit .Wi .Wi toU t'l.'i niii iii.'i 30 3d 30 S2 0 IJ hi 12ji 12'4 12'i 17 17 17 27.' a 27.' i 27Ji 30 30 30 211OO Third A ad 5s 28 28 28 H II S Huh 7s.l02-" 102i 102". .'0000 IT 1C of ( 11 & I C'is '19 10(1 100 100 21000 do lieu -19 101 's 101 101 1, 6I0011 do 1921. .. 'J8'i 98H 98", Atlanta Chicago St, Louis Minneapolis .... San Francisco. Kansas city ... 4 4 4'i 4 4 4'. 4 4. 4 4-4 4 44 4 f. 4U 4V. 4 4'4 4 4. 4 44S 4 5 4U r 4(T 4'i 105 4 New York Curb 1 Boston . . .The mirket ruled steisdr with n fair Joh- Jew "'?,. l.lnit truile Oui.tillona: City boff. In etK. J,!1""-?"''!'1'"' fni.tkeil ulnl nfr..lrlr..l Jlin u'n.lnm lu.... In LlClPlana .1 nets, smokul, Se. rl't beef, knuckles nml 1 nichmond ti liilcrs. xmnkid nnl atr-ilrled. Illc; wmlern jieef. knuikhs and tenilers,, smnknl. 4iic; beer hams, line, imrk. family, MflASr, hams. S I' nireil loosp. 37's CCHNr. d). aklnni'd, low. aHISHir, do do, smoked. ,l!l.l!ll4c. other hams, amoked rlty cureil. as lo brand sn.l iivcniire. :imi Sfin,.; - hams, rnnokid. lU'SlPm flir.'il .1(1 U. lit ill.. .Ia . luilUH l.nnA. leas, .",e; plenle ihouldersii, P. rurtil'. Innse, - . . . fe;:S SALES OF COTTON ARE SLOW breakfast bicon. western cured 4,'ic. Lard. wisirrn, refined. 'jxW.'hSc: lard, pure city. I ki'tlle-ri'iiilered, isS'L'sic. i REFINED SUGARS i The mnrket was nulet hut Arm on a basis of 1'c for fine itranutatcd. DAIRY PRODUCTS I (ll!.i:si: The market was atmnir under Hunt offirlnits but demand was nnlv mod erate Quotations: New York, n hole-milk, fiille fr.ah. .17(1 .174 c: siss-Ula hlKhrr. ilo. do. fair lo Rood, frrsh, .illsT.litUic. do. Wis. niialii. whiile milk fancy, .17i3iHe, do, do. inn iu f.,i, ,111'lt ,n,.j r, Hid sk A. tun ccrtllleiius . . . 7 7l. Cherolet ... ,i,-,o l;n Codell it Co . II 78 7 Curtlss 11 ft l.hlkh alley Coal Sales .... Ii'i on .Mul-in.t Cotiper I.. J7 Mothei l.odo tuur a'. HI j .Mother l.ilo old 31 :r, Hay llenilli'S a ,i, IIusmIhu ,'Ijh is 5- l(UHii.in i, 4 s ,n -,.i .(ii.sii r.p..r i.-, i.-,i, M Joelll l,e.id I IJ4 Submarine u .i,, riiltid .Moinrs i(ij :c, I'nliid v.riie llxiensiim .. .. ,ti :ni WrU-lit-Jr.irlln .... a 3', do nrtfirre,! . no ot Spinners Encouraged by Fair In quiry for Yani9 No improvement Is shown, so far ns sales are concerned, In the local jam trade, according to tho weekly review or trade for the Philadelphia district by It. Dun & Co. A fair Inquiry for jams is reported nnd these Inquiries have encouraced spinners. Better conditions nro looked POULTRY fnr 1,v t,1c' ml'hlle of the month, and i ,i-t- -e. . . . . uuin nueiM anil M'liers ure oi ine opiu ..iV;.U'r111,1,nV.,i?h,it,,Jul,ilS.rm "! ".", la,S lon that there will be- a considerable! .hi ih sic- with silTerliiu llBht and demand betterment If nrlees uero Rlnbnllre.l fair .(Junlallons rim. mror.llnir to slse J;.1Vh,..VJ:..i..i -.. lV. nun quaiiii, ill 1 imp. .prlnir chlrkens ar iiK-iriir,..iiiiiiiii.iiihi - vin iu ru.v ; eonllns (o nuallt .'Hin.ise.; roosters. '.".' "There Is little change In condltlosn 7. - a.sK. """ ''":.. '.',', "" Indian nun- iimnni; cloaK, suit nnd dress manufac quiet nt present. The season, however, has been a satisfactory one. "The hardware line remains active In all Its branches, with a fair demand for nil grades of material. In some branches the demand exceeds the supply nnd It Is believed that the present condition will continue through the winter monfiti. Prices remain firm and collections trnol. "The Iron and steel market nreseat no special features. Plants are operat ing nt run capacity ana jonncrs ana retailers aro well employed. There is a disposition to await tho settlement of Goernmcnt mntters before engaging In large operations. ."The electrical trade reports the Christmas business very ncttve and, ns Is natural, followed by n dull period. Inventories are largely occupying the attention of the trade nt this time, ns is customary nt this season of the year. Large sales are reported to have hew mndo in goods sultablo for gifts; lr some cases the volume of sales ha exceeded that of several previous year . ..I,-.. ..,.. ..-i tulr i.iSfSlle for the day are estimated at ".".imiO ' Castnn W X. W ., ,M) bales, against 22.02S bales a week agn ; ' 3en Chemical .. 1711 30.49S halts n e.ir ago and 32,702 UcmT.ll Cigar 4.S -17 47 17 balis two years ago Gmcral Kleo'rlc. .."IS lul"J lfil.'i l.jl'i V,s. Toiliii's 1 30 1130 Otniral Motors .. 132'i 13,i.'j 13.'th 133)i Financial Briefs :rfil ail. ttirsj-.i 'lwi7 .. rr-tu- . i t i- i! V nls'" a",r.-ee,e':u SW ,r rnnVr"!i,1l2,;B 'ft, factory one. although a number of manu t, Kiilneas. old. it nalr 7,"Mic. rlir- facturers are looking forward to n good os. ooi per pair. a.'M3. ilo. jnune, per nusiness me coming season. .surest t.t.r.r. Jonners or woolens have reported rivhhll rRUITS business quiet, collections are Inclined to liemiind was nnlv mnderate, but values be slow with them, wire orm' hold on choice stock Quoiatlons- "Jobbers of hosiery, underwenr nnd Apples XV, per bid , King, H ."iinii 7; Hnld- knit goods hae had a good season's Will Slfflll!? Vorlhern Une .1 'JlMrt. tr... 1... ul n n..., nlll.niii.li lh. lnu fn... .. 1... l!'!!!',!".1,""- '.4,'..n.- Hrwnlni! I'lMflM! x'arlous j,,,iP.s have dropped off to" some extent! '.";",'" I3W.I apples, IVnnai vann nnd rolleetlons In lrulnla per, bbl Hen Davis 3 :,IIW4 r,ll; ' "? . '.',"?.. (l.ino I3..,nf.-,j Atnvmnn Wlnesan. SIW7: witlsfactory. (loin, open it in a in. .I", in il'i no mi in .'! In '.'7 If, J7 7." 'J7 7 I ST 7'.' . je. ! I "il (IS 1M. 117 '.'il lis J., oi ";. mi ",, sj -, s'J '- I l . . .j.i :r. jih.l is "3 is 7 i ! I.IVKSTOCK yUOTVTIO.N? I IIiIiiikii, Jan .1 Huns tinit.sl re I limit, .1 r.i.lpis 3li (loo himl left over HI. i..u h nl iipnilni: fl.ni, Orsl m!i. stea.lv I it .M-ril.i. s aitraue nUl'Ph late in irrlMnt- Vkir.ik-e enst M.lnr.Jiv I1T71 I ' ,V,,.!V.,.F7.,:""n"11"'1 rn.lpts IIIIIHl head. Mil.!.!' -l.atim.il. d rec.lpls lo.uno h..1u I'llt.lillrcll, Jan 3 HOtiS lleeelpts, IsOil "''' int('Vs'"-r "''""'"" rK.- and Piss. mii:'i:p -nh i.vjhh it u,u. .i, nei 1 Sl'".''. ....r.'"'..h,'M' llii.in. ion lanilM, K. .i.r.: it, (.ripiM iiKht AitiM. Tup. Cotlnn ltujer-, ami Seller New firk, .Ian 3. Januarv .Mitchell and Slgel bi. II; man nrf. red. March .Mitchell, Walsh, lirooks. Sehle, Cuiie, IJirtlett and Slgel bid, "'linn, i in Is Hirleorn. Itostnbrg, (her. Young and ltuvcll offend May llopMns, w ilumoens, Treid will. W.u hsiuan in d Il.igedorn bid; Mcdee and Selilev off. rid .lulv r.is.ird, Weniii.m and MnrriMin bid: Keiffcr, II) mini and llartcoru of fer, d. iietnbir (linoril .mil Joliu&oii bid; Slgel olTiied Goodrich 11 V Co. (Jranbv Conscl .. ilre.it North nf . . lit X ttfs fur O P. 3!"s Oreeiie-Can inea . 4.1 Haskell llnrker. Uoim-st ke Mill . Im-pli.Usuti Cop.. Intcrbor Cou . . . I.ilerb Con pf .. liitern.it Agrie. . . 7'. I fj'. 15 PI 4b'4 10' i Ka ri, ni 32',' l.'i' , 13! s Vn.'j 5'. IK'J John I. I'.ian. chairman of th bo.inl tli Oi.a of the Auai-inila Copptr -Mining t'oni . . pail), has Issunl a elrculnr to the stoelt- Ul holders staling that earnings of tho ,12!' -omp.iiiy fmm January 1, lau, to Sep. 4.')!i 'ember .Id, 1018, have tiilalul $105 ni'iii,- 4,11 s '''" ",l '''"' of this $S2,(jJ7. Son h.is bun paid out in dividends, K.iMtig a liul.suce j.,. of $n2,(7J.t80 aboM. illld(nd.s Vivid " i .1 VWI t U llf tlllt 4 tilt II III tll l.tllttl ltt ln.ll.. II.. . ....... ..i ... n.i iiinij'isiii I'll"" ltt. VlT"i7 ", f "0.100,157. 91 32), 13!. 4.1', Hi's 3" 4 It! lurk Ininerlul Sliifit .-.n. Ham. t,An ?,.,."W..'U' '.'" "Holes 1T "s-bush. baskcl, liieBJt 1!.. do. iier bush hmket Hffa an. Pies western, per box, JlMl 3 -,; lemons, per '."."v. ,"'i," "ruiiBos, Klorlda. p. r irate. t: i ,; lapKerliies. Florida p.r strap. .li . urapefrull. per bo JJ .-.on.-.: pine, nnnlis Porto Illco, tier crale ll r.ntf's ,-,i. cranberries, .tersei, pi r bush hut 3(i"r,n ili do, per bbi fl.-ffls, Htrrnbirrles. Moriii.i. pir ut r.oiyTrn VLGETAHLES The market i.as iiulet and barely sleailv ..,,'. '"rl' li'fwi offerings (hi.itatliirs: l this line nre rcporicd Shirt manufacturers find business GLENR0CK0IL Additional Marketing Facilities. -Aggretiive Drilling Campaign. Increasing Production. Market' Poiition. Due to the activity and higher prices of the oil slocks Olenrock Is -avcrlaltv Intereittno. owing to recent liupor'ailt drvcfopmcilfs, u'Mch as vet l.a'.c not tceii rejected lis Ins mare price. Send for Oar report, just compile. Members rnnsoUitatrd Stock llrchonaei ot if. Y. 628 Widener Bldp;., Phila., Pa. I'h.i Dell. Will. lOKOi Ksrr 40 w Vorlt nrtlrr XO nroad St. rittVATE WIHB9 isams ............a............ Street No City State oo-1 a "A Mamp J-.ierr Day Mill Keep tho olf Awnjr." -UtY W. 8. S. BUSINESS NOTES 2J Jm 3 lUHls Iter, pts, ii.iii.is. rii T "no h.iul i TTI,h Iteielpm .-..Hi., head !(li;i:P lien Ipts, i;.nn hi ad .niilli (litialil, Jan 1.1 ".mi In ad i TTt.i: It'.elpta. .-.noil head Mlhlir Itiieipts, .'.".oil head freight rale reduction ,,f St.", is ton from the 1'iuMle roast to .lap in was ,ui. Ilouined .it S. .il II. . . 'i . I.nliv. In ,1 I l.owin.111, assistant iiireitor ,,f op. ra tions In this ilistrlrt for th,. I'nitnl Males shipping bu.iiil The new rate will be :io -i tun Thin .ilsn was im- I iioiinced a rate of 121 a ton to .Manila. .1 IIOilS Ittcelr.ts, I In be i slnbllohi d by the shipping board lor us Htcel snips, rnc present rate la $10. ;& goiinii-giiiii'DjiuiDiiii;!! Investment Suggestions We have just prepared a eir- S cular listing1 O.'i attractive bond ofTerinRS, ineludinff: 38 Municipals, 15 Railroads, 20 Public Utilities, 4 Industrials, 7 Foreign, 1 1 Short Term. The rate, maturity, price and yield of these bonds are in dicated, as well as their tax txempt features. Mnny of the bonds are legal investments for Savings Banks and Trust Funds. Send for a complimentary copy of this circular, No. LSI, A. B. Leach & Co., Inc. 115 South Fourth Street ijiasiiauLnt;u.!ui!J3:iu(i iii;HiHi!iH'iMiii3 i.'uasinui.ihiiiLiijiMiiuaii.iini I. lt lliiffalii. Jan 3 llOll.-, Itecelnls, Ivssis h.H.I i TTI.i: lien Ipts, Son load r'lll.bl' lliii ills, Hon head, I.OVKn.NMKNT IIO.Mls " r ki.l'rel I'.lRn ns Ji i . ilium ln.1'1 . , os Is i fc'ini. fd IMS . , , it'.i. a. . nuixin 1'ils ji'ia Is r sum. red lli.'l imp, 1 i upon l'l". . . Iim','. :( r. ai-l.r.il l"i . 1 1. . lUI.'.l 1'IHI . . SI . I'lrunui Js r uWt. r d una ns lin , m i - r. Ulster, d tli.'ls, i. l'in.iini Is r i-lsi r. il I'liil . ss I'.in ima .1. i nun n . sn, I riNW'tlM. lilln.il Meellnes j. TllirUA.NK Uf .N Oil III AJlJ-JtaA. rt.llaililphli, December 0th. 1911. The Annual Meetlne of th Rtorkholders 1 if this Hank will he held at its Hanklni House on luesdiir, Januurr 14th. 181U, tx I tween twelM, o'clo. k noun and una o clock p m . for the election of vlcnuen Directors ui irv for tho t-i.suinc vear. r. S. KROMKn r-sshlar bit Keystone Tire Port Lobos Petroleum Int'l Petroleum .Oklahoma Producing Ojll'llrl on fteiJiiessT DUNHAM (n P SPECIA".liTS 43 Exchanee Place New York ivj-KiitN r.-i iiwiii: nxikinm. ium; s ' Ch-.inm -.tcM ut s.innd Ntrcet He innuil m..'m if lh- iliar. holil.rs of thia b..nh for th .1 itlon of direi mra n, . r. fur tie , nautili .,r im.l f,,r urt, nth. r uln FS as mrt i i me 1 f ir. Ihem u Ml Ih helil at Hi. b.iiUnE h.iusi- on Tnesdiy. .l.ilinur 14. Illlli. li.tue. n tho hours ot 11 a m. unl 1- oiluiu noon, N v crirtsox. Cashier. L?rF- Tin: rr.N.v .mutiai. mitk i.nsi-u- iv A.M K C0M1-NY Phllailelt.hla Decemb-r t?l lfllS. The Annual IMtctlon for runt, trustee to ,.re tnree .ara will bo heM nt the home efr.ee of Ihe rompans- In the I'enn Mutual UuiMtnir dtzth ant Walnut sts . Phlladel. chla, I'a.. on Monilur, Juniiari (1, into, he . iwien ir.o hours of in a in and 3 m. JOHN Hl'MI'lllinvS. Secretary snd Treasurer. I irrr 1"IINKI.IN NTIIIV1. llNK . Dieslnut Mreet rat of Ilrond rhlladelphli D. cember L'J. lam Ths Annual Meeting of the Mutreholders of this bank for the election of Directors to i ir" durlns lh ensulna leir will La I. eld at the banktr.? house on Tuesday. January 14, I 110. between the hours of It! u'clock noon and 1 o clock p m 1 J WM HAflDT Cashier. AnnoiiiHelni'Iit sins nitiile to,lu that the An.inuiil.i ronuer Mlnlmr Cniiip.iin will isbiin 2.r,uun."i'ii in tin-ciir iwlil honils lor the ilevelojiment nf South AinirliMti nroiiertl.H The lionila nro ilnti'd .I.mu.iry 1. llMI, anil ht.ir Inn rest if il per ci-nt. Thtv will not he suhji.il In ritleniptloii hefore m.iturlt). 'the l'liml Ailniliilstriilion niiniiunies ' tluit until furlhir tintto the port nf .N'tw VorU is tnlmritoisl ,is,'.iiust nhipimnt.s i,f kim I ii and Kl.ilu produitH holh ixpoit anil ilomi tle. '1 he roiiinionueisllh l.dlson ruiiipnuv, of I'lniiiKu, lileil ,i pitltion with the Illinois Slut. I tllities ('onimls?lon to. il.t a.sKltiK for .iiithorlty to ismi,. $4 nun.. i uuii hi first mnitiMgi hum;--. Arrisniti'iiii'iils tire heliti; iiiisile hv ill" Am. rli'iin T I. phoni' 'intl T,li iirnpii I'ntnp.tm i'oinpiti Id put out flii.iiun linn of lh,-M.ir ii per rent tiotm nml tSS.iniil.iimi lone; term ih henture honils nf the New York Ti lephone Conip;in The not, h .ire to mer MihshltnrleH of tin Aim ric.iii Tilephone mnl T,ltt;i,iph Coinii.inv nml will tic tmlor.sul hy thu p.irtnt iiiitiinU.itiun Ihe redertil food iidiiiluUtratlon lothsy notilKil the sir.iiu tutile that until fur iher iinii.,' the irl of Now V.iU was cinli.ii kc il on nil MilpniontH of Brain and irr.iln pinilTicts for hoth ixjiort ami iloniistii ulilpintnts The Illinois I elltrnl Itllllrollil tothsv aiinoinii eil the iippolntint'Ul of I! "1 mt as itinir.il inanaitiT, ui i mUnif the l.lte T .1 Toll'). CIIJJ in 20! i lll'i 32', :iu4 TOJi 'ri.'i Jl! 01', 2 1 -'"i 10 014 hi". O-jJl Inti'rnnt liar iiiw.llS inter Mer Mar .. 20" i 'Mi lii-or Mer M pf .Ill's 112. liiiernat Nickel... 3J .12?. Inn mat IMliL-r.. 30S :,0?i Int I'.us Pf Htpd.. ivj;, .. Int Uap Trail pf 7I1U 'Mi jewel Tea . ... 30 Killv i-prliiRf 'I T Tl.'j 71". Kfiinreutt Uoppcr ;3's !i:'"i Lack Steel . ... ()7"t . . . I.k T.tle o. West S'j . l.io Ituhber Tire. 2l.'j 21Ja LehlKh Valley... ."I ol'i I..io.-c-Vile.s His. . .1., .. . Manhattan Kiev . . SI ... . Maxwell Motms 2"v Max Mot 2.1 pf. l'."i ... May Pert Stores Ml . . . Mity Dipt Sirs pf 101 Mexican Pitiol. . . ibiU 1 ;ii urn i inn1 1'i 21's Mlilvala Stcil .. 13'i Mo Kan & Texas, ii Mo riiclric -- Mo I'acllio pf. .. KS's National Acme., '.yja Nat Omul & ' "j Nat i:n.im i. S. . . IT". Natlon.ii l.ead . . . to1. N" Y Central 7."i N Y N II & II... 32 N Y lint & Went. l'.Oi Noifolk Houtliern IS ... Norfolk As Wrat .lOfii; .. Northern I'acllio UI .. Ohio Cltien Has... 41'4 ! lt tihio Kuel Supply. 'IjJ. -10 untarlo Mlnlne 7.' 7.i 1 ail-Am I'et k T 72 72". l'an-Am I' & T nf.12." 120 1'iiiiia H It ""' l'.' reuple'H Has Chi. 4S' .. I'torla & Eastern. .''' . ... I'ero xliiruuettc... 13 l.l'i 1.1 i'lilladtflphla Co.. 31 31 31 1 rierce-Arrow .... 42,. 12, 12i I':ero-,riow if..l()J 10J 102 I'lirio Oil 1, 17'i 17" j I'ltti & West Va. HJ, 3!?, ,!y, 1'reepeil Steel Car. (i2 1 l'ullmaii Co 120 . r. Steel Sprc. 7.')'i . . . . Kay t'nn Copper. 2"i 2 U 2I'i I lleadlnit 8284 Kl W; H.-ullnr "il pf 37 . . ltepuh Ir & Steel. 7-V' 71'i . Itojnl Hut tr rets 7s "s'a t St I.ouis-San 1'. . l.t'i l.i'i I, St l.oui--San F nf. 30'i ., I Sixon Motor .... 7"i 7'. I Sf.ib Air Line . , H; . . . Jfi.'a 112.',' 32?, ....... "' ....-... iiii.-i nisi. wii.iiaiinrs hlte potatnes, i:.ittrn Shnre per bhl .i.i.. ... . . . . . . .. . . T-. '-"". ..line iioutioes . oh-.il;ii iio-iru in irnuc nieinner.snips .Mirinia per pm , i.i '.,; unite potaioea jer sold, duiliiK the ear 1H1S, at $JH73 and , "V ,!"f' -bush basket .No. l. mivimii' No. iiSUfi, hemi! lilKhist 111 ."m ember and loui'ht hi .Innuaiy.. At present they am JC.'Iiiu net tu the huir. I :' i Vi fM. Uhifr IMltlllniu TQ..U. t I.' N.i I. Pfr lOttlbsi. fLT.OJH- UlitVtmtK- tocB. wt-U rn. ipr Ii Ibi f'2fi'J l,.V 1o Now YntK. tr inn ihi . $J I'fa l J.i. nwoet Albert J Carpenter has made appllea- ! irnVhi'V..-rlr" hid no'T'KV.,,VH"uI:ns,V tloil to the I'lllcaKo I lnu id of Tl.ule for ;', -' ..n'o ;i i. sne, t nnlatoea fiflaunr,' iinii iiKiiilitrehip Charles il. I.'lnnej has ' ,J,'!',I' ''V.1'1 .V r.J iH,l",,.",!"Iur. No 1. jj iv.i luaili. .ippliintioii for tiansfi.1' of his 1 :,",'" 7...." .'. L.'..i-' , -""t I'-mlxh. niemhen-hlp. do, domestic, per Statu and munlelpalltUs bonowed for pi iiu.'iiieiit impiovement wntk nml k 21ia fuinlliitr purtio.s.'s iluriiiK the if.xr WIS . 4' 1 a lotal of 2r.ii.iii;i,ttj, as loinpaiid uith uni.iiSi.sis iiuiitur 11117 nuiiiiK ... 1 Mrtually tl. entire yt.u of mis the cap. lt.il Issues ((llllinitll,' 11. IH III (i.stl 111.0 and rtMiiitid munleip.il llnaneiiib' .".'ii 21 .""'. i 30 10 The Toledo and Ohio Central Hallway Company upilptiunt iriii-t miIik ll m.i- turiiiiH .mil Inten st due J1111u.11 v 1, liny Hill he paid at th" olllc of the rioildent No " tl -.ui 1 hi eil Her ion. lis?" N I. tl L'pntl ,.t. No l' ,iMi!HJr l.OC U. JIKAT MAUKKT i.Mh'i fl'L'r'I'l'' r'T'1 '? '"nlshe.l hi the I'nlliuMiihlii lilistn, k ml me-t cffli e of the t nlled Mates Il.partnunt of AKrlrullure. Iiureati ,,f Markets. n ih.- frtsh-mcit trad" in I'hll idelphla lllil'.l- lHliMI Iteeelpts llnht sirmirf at eterilo' udMince. l.ur. mirket 1 demand ! 321. 20 32' i 20 S2V 20 -It lo-; 120 4M: 71', Wi ll?i I..; 7 72 120 I..' 1 13U 31 124 '02 17.' j is;. 2l"i S2J. 74'' 7s' j l3Jj STIIKKK IlcpnlntH lluht. m.irlni uirn.,r is tu js. il inAfiil Kitnd row h Itft Iplrt m. .derate, mirkft un r.i. 1. 1 sit it a lu.lli.i ..i. ui .-. .m ..4 .. I.if.i ..n,l Trust Cotnuo.n .... ..,,,1 .,.; '....".".."..""'.".'.' ,k '"... ' " "-' -- : - .... . - , ,, , ....v. i . .,1.11, i". v., ,,.. pen. hi f,. so io, ilemalnl lodiiy. Ifalr I Vf'Al. Iliielpts lluht market strnnir Alipllcitlou has been made in the Now S!'!Tu,n',.Vri n1,,'nrr ," i'1l"", "( raliea t York Mo(k llxehlllllte lo lint Ihe fol- I ' VlKK-li:'.". "i.'t" llil.l 'Vnirket firm at -lottlnij s-curltles. iKl.ind (111 and Trans- t ". Oeinand b, ' ' rU ' flnn Rt -laiitatltm Comp.injs $2.'..lHi,(iuii tern- I.AMII- Ilieelnts iiu-htj market acllio at porai.v utlni tru.st lominoii entilleates; 1 mli une ai 12'J to $js; ilitniml strong. Stt uiiibet k C.irhuutor Ciiiup.iiiy of . Ml'TTONIb-ielpts snoiierat,.: mirk.t 11 Amirlca, inc. tenipuiary eeitllicat. s for , Wither at 114 in J.'u .lemand Ko..d ."iii.Oiiii hhares c.iplt.il Moek wltliout '. ; . nomuiai or par .uue; AJa lluldier, I nc , 'l.onti.riiiii additional (apital Htotk I The lommtttie on Miuritles has i tiled l'an.silli' and Terra Haute ltallroad Company llrht eons i, per cent bonds, I due 1'JJI, be iiuoteil ",x" January 1, iioupoii this ihi and beifinultiK tod.ty Kilil bonds be dealt hi "and Intereht." CONDENSED STATEME3ST FIDELITY TRUST COMPANY PHILADELPHIA at close of business December 31. 1918. RESOURCES Cush in Office $707,915.96 Cash in Hanks 3,572,103:14 Time and Call Loans 24,030,190.9.") Mortr-at-f s 4,507,300.00 Honds and Stocks 24,l.r)6,959.92 Real Estate 888,387.63 Accrued Interest 268,429.84 Customers' Liabilities ale Acceptances 700,000.00 miscellaneous 18,888.72 LIABILITIES Capital Stock Surplus Fund , Undivided Profits Mills Payable Commercial Paper Re-Discounted Acceptances Executed for Customers.... Miscellaneous Deposits 858,850,182.18 Amount of Funds Held in Trust WM. P. GEST, President . .. $5,000,000.00 . .. 16,000,000.00 ... 1.239,315.90 . . . 9,860,792.49 . . . 1,005,000.00 700,000.00 222,613.18 24,802,430.61 $58,850,182.18 $232,082,431.00 GEO. H. KYD, Treasurer Chic.iK bank clearliiES in Jlecember I liiiTe.u'til 8.3 pi r cent, as lompand i.'lth I Nnwmber inereahe of J pet cent, the i uieraire monthly tncteaou for last year, lii'tni; 3.8 per cent i The New York Stoik Uxchanire has I admitted to ilt'dllnstg Oluitral Motors 1 liKhts. 1 Tho N'ew York Suhtreasury pained fllS.uOn from the banks sesterilav, mak. 1 InK a e.ihh mt itain since l-'rfday of fL'Sl.UOO. I tsr' 1111 riin..i)i:i.rin N TlnVl. iiivl' Thiladeiphla Deeemppr 14 1'itn The Annual Klerilnn for Directors will ha held at the Hanklnu llnus" on TmcmI.it, ,Jn. uarr 14. 101H, litenn the hours of la noon and 1 P in lfoUA'l! rOnTIISCL'i: Cash " Anninil I .lections DIMDKNDS DKCLMIl.l) sini; r M inufsirturmtr ( urniMn- nniiir(. tf '( iitr unt iiitHbli liicinl-ii il I nitiii Miiti llul'bi r s'inii.in i-u.rirrl f J ir nut on ilrst iriftrml ml 'j -i. r int mi MMirnt iirf------i l.'ih tiM Ju ii- uitrv .'s to -.tin k nf muiij J.iiiuuv 1" mrli in i'lyar t'uinint ,i iIKhImkI nf i,1 ii 'tut ii ninnmn i".t.il)lf hhrui I ti it-1. ..f rtinnl J.inunr. 15 Kiliui Kiisxr tonm,tny. iiunrtri fsf 1 t-i i . nt i.n first uul r t nnl ir-frr-i ,. . l'i iiru.in 1 tu Kfmlc nf Mun J mu- utv 111 Mdlu-Ft on fom pti r-iiiirr rl. nf - p r 'ri un i tif rrt -1 p.inll.- Junmn jii tu tii 1 1- uf -iitiril Jitnu.ir J. Vnnnutii lit- ''ninp.inv nui.rtrr!" of 1'4 ? i i-iit m pr-ftrpil. ruiyalih- J.niusir J." in . k of rnrur-l Januarv l litiiiiiiMii WiimIoii Compitiu ssftnl nnnu.il l .i i-r nt (inl un .-.tr.i uf 't p.r cnt i nth p. il-h J.mujrv In in Mtn k iu p on) Jar mtr L' lMiil.ti1lphli nrt'l Ornii I-Vrrv IM'spnufr !t.iilwit t utnp,in .mlniinunl uf J. ib I il Tanuirs 7 tu tttot khglji-rx of rnoril 1 f miit-r .11 ,TZLr -ut C'1-NiK.ilsi .NA1IUNAL Ii K . n , IZZT or 1'itiLAiihi.i'iiiA Hefitu-il Supar Remain Quid U. S. LIBERTY BONDS $50, $100, $1000 HOMillT, HOUI ANII KFrOMMINUMJ ls , reHWH-ger, iieaaersoa & lo;d kXs k itJln ruvcTvnr utdvv "ii iner-i-rLJff' Lirjc"'A. ' m rnmrna, awm' Mtumnnr L)i( i-mhsr 1 A ti ss Ths Annual Hsctlon lor. Directors of this nnk lll be held at liie Hanking lioust on I Tur.dar. J.inuarr lltti, 1'Jla, between II a in. and VJ ia. WM. T. CONItAD. Cashier. , vs?" T,,K "''i'',i m:r(iitT7iT:rTiiK , ' ,vn.' r";u,,",r ';;. V' .''"' """is -iliool. ,ill lie held on llrdiie.il.o. Ihr Klh dm of l nr, I0IO at 4 o,o,i r. In al ihe nltlie of lh. (lli-li .Mills K. honls Vo ,'ll llailei llulldlnn 121H Chlnul si 'ih,. ,pnu. I llenori of in llonrd of Manaa, rs i-lll Ii s-ui n'lled nnd an eh, lion win i .. h'ld foi oflhera for lh, tn.elnz sear and New .,rl.. Jnu, S The rell-icd nusir mail.it iciniilns unlet nnd uneliaiiK'-d Miih Una I nllneri. iiuollni; on the hnd-i of !'e, lit.a 2 per ei nl for e ii.li fnr fine Kraiitilated The Warm r Company rcn tlnuiM Miihilr.sun and the N'atlnnal i mcpptlni; ll limit, il amount of busln, is llnus ale urn handed nt i. ii55e lur-, Islx inanasers lo aerie fa- three years KlUIfNI) O IIAMIlitSf.Y. H.erelur I'hlladelphlM. December 31. 1018. . ii ' X l RMLROAI) FIAHMNd- lUS i c t1 XI "ii M i mm MiuisH j.u'i!! Iii-" tuiprutlti fntuiiiu li.il "iu Decreme, (n i nt- ."5D.iia7 y veTre Do .llTS'l iA .... .1!V ff .2ir?3Lvr Investments for the Readjuttment Period pURING the present epochsl L leidimtrrent of the world's Industry stid commerce from a war lo pesce bull, It behooves the Investor to place his funds in se curities thit sre stronslr bul wiritd sEsinit ihlltlnt conditions. We shall be pleased to lurnlih s selected list of such securities, They include Government bonds yielding uo to 4,55'it municipals, ."0: railroads, 7: public utili ties. 7',, Industrials. t.W, Ask for Circular rn-19J The National City Company Ctrrntimittn' Of.ett in 1 Cilitt Ptiladelplia-ll Cbcilr.it St iranrone J'S Locus' Pennsylvania R. R. The annual rouiiirnsation pay able to the 'fluid. ." H. mnlrr the Government contract xohtch will be shortly criaitcil, provide for a sunt in excels of .!.l tiilUqii ilollars limine loin Invr.sfiueiits niiiaiinfa to some .'0 miIHIuiis nildf fioiinl, iiuiMiii; (ijiiirurlniufrlv 7.1 nifllinii ilnllms applicable la tola! fixed charge of about .' iiillllons. For fnnrmafloii on fmna. ft. 1!. .SccmiKrs iomiiiiiiiIkKc with Reed A. Morgan & Co. ' IVcst ""tirl rnal Illdg., 1'hlla. MimlH-ra of tho l'hlla Htodc Knh. MR HAAS lately of the Income Tax Wepartiii'iit Washington, 1). c INCOME TAX CONSULTANTS Specialists In preparlnit and flllntr returns, auditing nnd eloslne books for cor porations, firms. Indlxld uals, estates, trusts, etc. HAAS & CARR Public Accountants I'cnii-ohanlu ltnlUIInir Mruc 01.1 Jill (JAItlt formerly Revenue Acent, liieo.ne Tax Department Philadelphia. I'a. f ii 1919 A Happy New Year The Continental-Equitable Title & Trust Company foresees America's greatest New Year and wishes its patrons and friends their share in the coming prosperity. We are on the threshold of our country's greatest growth and in the New Year our company will progress beyond the record of de velopment reached during 1918. Enlarged organization and indi vidual efficiency will attend that development and be at your service. Continental-Equitable Title aTysT Company Twelfth above Chestnut, Philadelphia National, State and City Depository $1,000,000 Capital $1,000,000 Surplus Continental Equitable i-l l ( . u il fi i D wmmmm mtmmtpi 1ar"" .. .I sas,,;.,,7Tl.i.WW.We-WWi SHsihiSaaw-1 iiWeMas4SBlisUJMss- sztmmgrpm SkIJBjIfe'SSI ! MVJW.j, iK!5.--fei-.(rl L ' V 1 , -ts. y r.
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