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'J!Y;s?t',;
1G
lOVUXlNd PFHLLO LEDGEK PHILADELPHIA, SATURDAY, .TAXUAPV 25, 101!)
NEWS OF THE FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK MARKET QUOTATIONS
a -
imji.
fte-.tfft
pW
"'K '
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b Vfr 1 1
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REMOVAL OP LOAN RESTRICTIONS
CAUSES BIG DEMAND TOR STOCKS
NEW YORK STOCK SALES
New York Bonds
Philadelphia Stocks
4ilnm lltpre.
Nearly Evcrvllnim Advances on Now York Kxcliango. Anncp numeiy.
oicei L.oninion Active Leader ami .miikcs
Large Proportion of Business
IP
in
71." j ,
rr.
Until I ml
AliitKii (told M
AlasUn Juneau
Allls-Clinlin Mfff,. ,TJ
:u
ii mi I.,,,,
n m ilium High
West Inum Tel... 8Ti ...
W.stlngh II ft M. 4
... .Wheel A U. Pile, h, .
"I, ' Wilson Sc Ci is ...
j I itiii.ts-ijvcriaiid.. 'JtU .'!
.11
New orU, .Inn 25. The openine of the Mock Hading ttnla.t tins
attended by a good defil of evltement n n lilted lesiilt of the nutiiiunce
ment that camo lust night tlmt iclriction against loans on Wnll street
collateral had been i emoted mid that the iirransetiient to lestrniti pecu
lation In force since last October had been wholly icmotfd. This liens
brought In buying orders on n large scale mid as noon ns the gong sounded
there was a wild scramble to buy stocks all around the loom.
Nearly etert thing on the Ii-t Joined in nn upwnid motement. with
advances ranging- from 1 to more than :l point". In addition to the sub
stantial gains made In .tisterdus's tiinllng mout Interest was nttnehed to
dealings in United Ptntes Steel. In which prohibit one-fourth of the
brokers on the floor were gtitheied.
The first sales of that stock were recorded a 12,000 snares, nt 03 to
94, against 92'4 nt the c!oo esteida, nnd the ptice was malntnined ,U
above fl.1 all thtough the llrt flfteen minutrs.
Other stocks lionet ir. did not retain nil their Initial gains llaldwln
Locomotive moved up l.'1. to T.I nnd then dropped to "1 with a rail) to l'.
JIelcan Petroleum ndvnnceil 3', to 17ls and then reacted to I'll.
Southern Pacific tias the strongest of the railroad list, opening up
Hi at 100. with a quick reaction to V9t.
I.lbcrt.t fourth A1 weie strong, selling at 'M 6S.
Market Outlook One of I'nrvrtainty
Wall street regards the Immediate matltct outlook as one of un
certainty. This miit necessarily be o during the period of readjust
ment from ii war to a peace basis, and which is still In Its early stages.
Business, Industry, commerce nnd politics are m looo end, seeklne to
pick up the threads that will lead to some settled basis.
The approach of the fifth war loan is bringing n certain degne of
unsettlement which cannot be oterlooked That it will not be as ons.v
to carry this loan through as was the case with Its pt edtccsori i tcrv
clearly recognised, and for that teason it Is being mario as nttrnctito as
conditions will warrant, even to the extent or cnmesslon which befntu
the war ended might hate been considered out of the question. It is
because hostilities hate actually cea-'ed that one of the gieatdt dltllriilties
presents Itself. While fighting was in progress public sentiment was
easily swned, nnd those who had friends nnd relatives among the flghl
ing forces stood ready to do their utmost to furnish them with proper
bupport.
This Incentive has to some etent heen modified b, the leturn of
large numbers of tioops from abroad, although theie ate limn who are
Inclined to behete lhat these returned soldiers will themselves be an asset
In stirring public enthusiasm. T!ic wi'l be able to tell what the h.it e
seen with their own eves and will be able to appreciate what has been left
undone and the nei cslti for pun ul. tig f mis to finish the work, the
brunt of tvhnh fell l.pon the i shinildeis
BUSINESS IN CORN PIT COTTON OPENS FIRM;
IS ACTIVE AND MIXED PRICES RULE HIGHER
Am Ago uhom..,l(!l'i
Am licet Sugar, . lll'i 7(1 " '"
Am Can T'. 4s 'S -P
Am Can pf Ml",
Am Car ft Pdry.. Hll'i Hl'i VV t '"
Am Cotton CMl. . . 1.1 ,.
Am Hide i- I.ea.. 1.1 II H'i l
Am Hide ft Lea pf. SI'i M vl "'
Am Ice in
Am lie pf ,V ;
Am International. 61 "' '""' "'.',
1 WIIIys-Dtcild nf.. snI. .
, Wisconsin Central. ;u ,') '
I Woolworth Co. . .li'fl'i
I Wortlunclon p .. ,V"i
i o
II
"V
;j.Vi
1 1. to
.J41,
Jl.l't
' Am t.lnsenl
Am t.lnsied pf. ..
Am l.ncomotlte. .
Am l.nco pf ...
Am Malting ....
Am .Malt 1st pf.
Am smelt & ltcf.
M'i
1,0'j
. 111.",
I! j
111
711.
)'
w.
17
v.i
Am Smelt ft II pf KM
Am snuff
Am s-bei P'dries .
Am Sugar Itefln .
Am Sumatra Tob.
Am Sum Tob pf . .
Am Tel Tel... .
Am Tobacco ....
, tin Tob pf ne
Am Woolen
Am Wilt Pap pr..
Anaconda Copper
I .Wets llealUatlotl
Asso Pry Goods ,
1 Associated oil ...
Atch Top ft S V .
, Atch T S V pf
All Gulf ft V I ..
llaldwln Loco ...
Halt ft OUio
lt?i..,l f'7?
f ' I
11)1)
71',
Kill
0. 5
s
.'.V,
to
71'
ln,i
1 on;.
l'l
' Id
'f,n
1 1
214
7ir
ll.'i
7.1
4'l
HI
IVJ' 1
lUPi
i'l'l'i
1J,1
' 1
5l'i
70' 1
Mi
,11! j
Mi
IIH)1!
piS
to;
1"
21
1)2' i 0
inv,
7i'i
4'l
o'l4
111'.
102' i
"'
131
r;,
11V4
4
iW.'j till
V.l'i
71
,1
.!
i.'l
Feelin;: Remains moib I'ol
low
1112 I rntiuclioii:
terdn Ont Ii
(f v,
iiilitr
DciikiikI Appears t Me Princi
pulK Continuation of Yes-
llT(la"s ('(IXtTIM; MoMMIlOIlt
('RAIN IIKI.T Whtrtllll IIIKI.I sl
('liirniin, .Ian, f.. Illinois I air toniulu
nnd siiiulii.t mtflrr tunliilit nnrlli anil vfsi.
-MNMHiri, tt Isonin, tllninn, 1 iml lim 1
,l'ir tuniclit em! suiiila. 1 Htiulul rutilp
toiilcht.
pvnrtli DaKi.l.i Pair Ini.lnlil imhI sniuli..
slUhtb fliliT fntiilit uiitlif.il . Mariner
Saimlat nerllifist.
nulli IMla.til I'.lir IMiisht anil s,lM
dn I sltchtl,. uililir t i-t unit irmiT r
treme vn. liniliilit,
rhrusk.i Tilr InnlclU ami s,,ml, ,
nnrnipr rxtrrm'. r.t luiilnlit "nil .iiimIi.
Innils I air Innittlit anil siimluti kliiclil
1 ciilnVr fttrenie r.i-t tunlslil 'varmrr
nortlmcst snnUa..
Clilrnifo. .bi.i -3- Til. fueling 111 , 01 11
remained nevus tins iniuning r.'l ow
ing the flemi'ializainai and inormtiu
transactioni of vs.erda Huhitioas was
again active anil hhmmI with 1 mnmi-sln 1
houses on both sub- Wat In futurt
opened su.ni.v in 11 shade higliHi wlnl..
the ilefemil ibhvi'is vvtn own' ai
the start
Selling oidoi 1' il.m.uiB'ed anil sen
timent was litansh lis the av.iage
trader was mnvin-.d lhat the countiv
at large is pinliUv over ihe iiuentiun nt
talues, but ilu uiitrative element was
inclined in ! mutlous be. a use of tie
utcnslvene- .f tne dulini The i
celpts toda.v w.ie US ars
March opened .11 II .'I. agani-l 11 .1 '
at the end jesterda il ranged from
$1 17' to SI 1 at the uutaet. aeainsi
$1 173! ai Hi. c.o .vo'erda.v, and later
sold at $1 IT a ,lu!v siarted at ! U -
to $1.1u compaied t'th II U at ih
close jesterdav
Oats vver. n 1 ve ttid Irresulai a im
Outset Local sliou weie B""d lur
chasers, while Hiiinlsalon huust-s w. !
at the selling nle at flriii i.i-ei uanuitf
buyers Sentnmni a nixed The
atxivals In r lodav wer." I'" ' uv
ilarch npeiitd ai ' ' Igla 1 at r.'i ..
anil lalci ,ld it j'1 Mnv w ipinH d
at 60 10 f.'i",. at ilu no. iniiK ni ,ti I
With 5'.' ' tin 'lose waitnUav and
( Ol ION III
Niw tnrk
IMnilitre wire reitinleil In (lie iiittiin Ii
1111 innrilllli:.
VV Ktllll.1t I OMiniON-
an. ;., I tie felliiwini;
II
blniMllle ami Nllillle. IS: UilmiiiL--
n. Ili I nrt -itiII'i ,iml utile KmU, 111:
Minn: Ii i. V l.l.-l.urL-. Vlumi, VllnU erv ,
ami tinsilsli. Is, s,ri.eirt anil til. ml 1.
"ai: rnnoli. New llrl.m ami .iinniiali
.I. sun ttiliiiifa. Ii irle-tnn -l, t nrpns
lirl.ll. I..iltrtin. IIhiiiii-III. mill .1.11 1.
si mille ."ai: lamii.i, 111
Ilier w.l .III Ituli nf prei liit llifill il
tll.int.i ami s u, tntnnin: .11! ,u VI nun.
II at t Ii Ik-liiirK: .li .il tustlstit .in hi
f.iliestnn ..in nt tliiiiteninf r.v . .is nt I iir
imi. f liii-llt ,iai at l'rii.nul i, anil ;,h .it
New OrteaiiH.
in
iw t nrk. .I.in J
o Mi ! t 1 in
ili n. and a;ii ai
Mil til V4.it lc .Ti nf '
nit n lull Ihel.
Tl.e . Mllol lu.ir-
.. ii! no ins ii gi,f i
il to l. Mm. Ipall.
. -urdav s uvei it 4
was a No 1 aisnlel-
lll.i
sou yi n
1 1.1
KL lCII't t'-l'i
OP.
ill'."!
21KI
102
4li
HI
;.')',
i'j
50 j .
;'i
12'
S7'i
1(12' 4 WV
70' 1
as',
iin;
tl.itiipilas Mining. I1.
Llelhlchcin Sie.l. . .Ml'i
llelh Steel class H 111
Belli Steel S'r pf KC,
II0.1II1 Plsheilfs.. 10
Brl.l.tn lfap Trail. HI'.
Hums Hi others . I.'l'.
Uuito.Cop ft Zinc, ti',
Dullerlik v'o .... Hi' 1
California pack .. il'i
I'cvllfoinl.i Pcttol. 2Pi
( ollfornla Pet pt. I.'l
1 '.-ituidlan Pacific . l.VI't
Cent .either Co. . 6'l'n
Ccno do Pas Cop. Ill 4
Clusii i. Ohio . . ,
Ghliago Gl Weal
Ol tit West pf.
Clil M ft St 1'aul
Chi M & St I pf
Chi ft .Vortlivt'n..
Clil II I S. i'ac. ..
C It I ft P 7i pt.
c it I ft P tfci pf.
Clillo Copper
Cliino iopptr ...
Colo Kuel ft Iron.
Columbia G ft U.
ConaohdaKd Gns.
Continental Can. .
Corn Prod Itefln.
Corn prod It pf .
Crucible Slcel . . .
Cuba Cano Sugar.
Cuba Cane Sug pf
Iitnter ft Hio Ur.
Pmv ft It Gr pf .
Pistlller.s' Seour..
tioiue Minis . . .
llrlo
i:no 1st pf . .
I uleral M ft S id. ...
i.aston Win ft W. 20
General Cigar . . . II"
Geneia'. Illictnc .l.'jll
Geneial Motors .12a : H-o
G.r Motor ris . . l'i j'
GoiKlneb U V Co. nli'i
Gianhv v'unsol ... 74 'i 71
Gnat Nnrtlitrn pt. D2U 111'
G X C for ore P. ! .','
Gieer.c-Can Cop.. 44'. l'i
Guif Staus Stutl f I .
Haskell ft Harkei. 1:1
w
Ct
3"
10'
:t
so
7l!i
Hill
"ill
ill)'
1(10',
10s
111 10
, STEEL MILLS RUNNING
NEAR NORMAL OUTPUT
!Wi-fk Slurtrcl Willi Prodiu
tioii Keacliiiif: 90 lo 95 -Per
Cent (if C;iiat'it
ll.nnl ' J"" ''' -M'"' ,lM" "'
usual amount of discussion was started '
during the last week l.v Hie iinn.i.ince- i
"'if that the plants nf i,e Pnlted
nintes Stef CorpornMnn during the lire.
Mous vvtek h.1d nted at between tin
HlKh Low II 3n
47(100 liglo.h Cs 07 1, 07, V 07 '
liono Am T ft T (is. 102', in.' 103
Kinnll ft ) 5s . 81 "a Si's Si's
soon Hkn Hap Tr 7s 7(1 U 76 "fi, '
000 (leu lllec hr . 0711 '- 7 T 07',
r.8000 I, Ih llnnd 41, n 05 54 05.50 05.50.
C700II do Id 4is . 04.82 9172 01. 81.'
coooo iioithiVis. 04.60 ot.r.ti oi.no
2000 Stl. 1 MftGIf Is 74 'a 74'i 74 Ju
3000 t'S Kuliber 6b 86 h 8C'u SC'i '
15000 V K of G 11 ft I 5s
new 1010. .10(H 100'i I0oi
2000 do r.ijS 1021 08, OS'S 08
138000 do 5'iis 1037 ion', innifc 100'i
itch
ISOGdl Asph lil-i.
7IHI do
215 insi
pref. 004
XA 27",
3185 l.k Sup (' 20,
400 I.ch .Vat. 72
1 53 Pimm UK 1 5 c
100 Phlla Illec 25
210 H T I e 26
65 P G I .72",
.100 P S Steel 03.4,
Now York Curb
Aetna itfii
I'lievrolel
I'n.il.'n (11
1 nrtlM .
I. V , 'ii.l I sl, ,
Mnunm I'oppt r
Mother lai'l'' lli'W
da n. I
I1n Hi null's
lluilnns ."ijs
I, H'ir .
S' nei 11 Cdpiit
st. .lt'. eh 1 1
Subnmrln.' .
I'nlteil Motors
Pnlieil V. r.li llx
WrlKht-Miirtln
ila pf
Hid
14"
ii
si
'I
i.:l
1.1
P."4
11
an
U'OOoCItt Is '38
reg .... 97
1000 dii4sM3
reg . . 07
loon dots '44
reg . . 97
500 I. Hi Hoods
Ith I Us 01 CO
1000 Phlla Klee
5s 93'j
1 ,mv
(ill
98 0,
27
2
7''
451,
25
93
llllMIS
1 1 lull l.ow
11. Ill" Net
11 in elite
LAKE SUPERIOR AND ASPHALTS "
LEAD LOCAL STOCK TRADING
h0
083,
27't
20
on
IlilO
11
,, ' Advances Arc Recorded Early, With Recessions Follow
- i! ing Former Is Active Leader Transit Certifi
cates Move Upward
Nt
cane.
07
2s
.l'
HI
!.'
HI
12
llll1
a 1
114
07 0.7
'91.60 01.60 .08
03 'j Oil's -
I'HIL'A. inactive stocks
, Virtually all Interest In trading during todaj'.s shoit session on the Plilia-
Idelphla Stock Uxchange continued to be centered In tlie Asplinlts and I.nUe
Snperior Corpornllon. Both classes of tiencrnl Asphalt stock ttcre iiulte
netlve. but Superior deVelopctl more momentum than nnythlng else on the list,
(leneral Asplialt common vvn.s bought heavily by New York Interests and
ndvnnced lo another jiow lligh record level of (ll'i, while the preferred was
In good demand here and turned upward to the pievlous high letel of 90'n
2 'reached ttesrbrdny, but proflt-tnklng brought slight reactions for both issues
after their early gains. The continued bu.tltiR of Asplialt common for New
Yolk, account has caused a statement from n souice thnt many consider an
fli'i
1'4
21'.
GAIN IN HANK CI.KAKIXCS
10.1
71"
J'l
fiicicfe of 28.2 Per Onl, (aiiiipareil
Villi Same AXcck I.n.l i:it
Total cU 111 ing lioiin- n turns for the
week (Saturday stlmaled) shows gios"
eclianges nf V7.121. 3.17. 682. as non
pareil with $7, 500,077, 017 Inst vvnk and
$5,3r.3,.-i61,li6 this weik Inst viar, the
gain ovir the same vvnk In 1018 being
28 2 per cent
In the following cities clearings for
five (lajs were .
tutu 101s 1 i"
11)2'.
"i'.)',
l.-.i
li'i
HO 1
34'
. v u .i.it r.iHi.nvi t- ""i i1'"-' "7 21 a
I'hli iso 4lit.ilJl.4liJ .Hi'l.ii'JI. Ii . 2li
Pail 1. n 'jii."i.;jj jui.iii'i.iiii l -js.il
H1.sl1.11 2TI.JS-. I.-.I sn,.-,-.-, 'J!U 5111
IC.ui I'm 171 lltll.HUl llll spj -J-.J 4 tl
si. 1,0111s i.'is.'j.ii.n.ii u.i.ioi. 4:ui 1 ia a
s.in Kr.in III! VlVI.Vi 7 1 slj.uinl ". s
Pittsl.iirKli tt7.a77.2l1 ill.JH.aill s:t 11
ll. Irolt ill. null, nun 1J7'JI,HI 12, s
lliilllimire ils.llsii.ii'.n .11,207,4.11 HI2 7
New tirl ns (II..1PI s.ls II 721.ii.St-i 10 1
I'.irll) 1 stiniat.-il
monky.lendiim; kates
vim, tm:i. Hint
time S'i'iiO per
IK'per, tliree to
2:;4 M' -'
7o'. 74'j .!',
ri'j IM IM
is 17'i 17'
oil', .'il 31
3V, Wi'i 'M''
12.". -13 4:1
0.1
I,' , (V (''
4s' . 40 41
1021! 102'. 102'i
3I, ."1', fi'i'i
:v
t .1 a
12
la ,
4.
7.i J
:i
li'i
til'.
lis
I OS
21 '4
at
2')',
4NS
l.V I
I
7;'4
us
c.'i
;-.i
11s
111.4;
2(0 J
:us
20
ls.
l.V) l.V)
lit.".' j 12."i
2.).' 4
:'0 !
71',
21 ;.
r.r. ,
Cl
17'.
:n
1.1
Ii')
IS'.
102'
.V.S
rV!'
7.1 ' i
a .
n.';
Vis
Hi'.
2I1S
:ip
2' 1
Is .
I'l
1111!
tie
, s
1".
1.1
On
43'
1.1
on
4.1
10' I
1'
10'
24
11 lllll flnm
going him
II.
able l.leiiiinl liuviuganii i
tlllil. lisnun-es llle ll'lec
dlsiaiii pi'ui'Ks
T 1- smutli sn Id as did sum. nf
lieal fid.rs win. hnd cuvered i.ue '
ttld.o lur M. pi.'ssiire was nn, n tie
.iid la... in i deii fir.u ai furh.r
adv.,n . -
'I a- i.e. p s ., lie puns fi 1 111.'
.1.1 .11. . Mmiat. 'd at 1 nod I,,,,.
ag iinsi J5 ',71 lial.
1 1 "' l liale a ve,
r.
Mil. h
tie
I fill
Cation l!uter ami c-.-Hei
New t nrk, .Inn 25 - Mai.li I l.v lii.iu
lie .. n, k'.cffi-r. Guild Wail.ins. sik I
Har. .rii and W irek I. id . HmiiHi s,,..
I. it, PeaiKa 1 1'aidnza Ami Mor immi nt.
I. led
Mnv II .pk K t-ft. Sell.. . Mini
Munds 1 'I U,. I,. I. .1 tla 'i ' 1 .
Sig. .II... nut M, ..i,ld 11 and Walk'is
10
70
'ol'.
71 1
r
1
a
24,
4'' t
US'.
thl
o7
10
70
sr
U.l'i
:.i .
J
24".
32'
W t
1.7'.
latV
5
i,
sulci .
58.
-, to
,stf rdav
in.- ifi
7 cars
.'',. .till
aga list 57 c
'lien, d st
il netK l.'dll
Financial liriofs
The Nt
' 013. One
"1 K I '
si. ida.
Ttiactitc Tru-l 1 o.. Mv (.lurlet.
Harrlstjurs .11 -1 r' V' 11 it.
General'ii .1. 1 ..i 1 d 1
COUIt fnilftt M 1 ' .-' 1 i.w.l'
tered nt. a Id 1 J
show ia' s. .. . 1 .11 . . - 1 d n " 1
removed 1 ' " ' 11 . 1 . ii 1
bus'ii.ss c 1 ' ' U I U' liMI .t.-.l
in 1916 ag.i 1- 'i. si . .ii ,ia tin fan
lug to e. s, 'unlet im - aw .iln
oeen list. 'I viih It i.i ...'Inn iu,
healing 'l ili- I 'a 11 ' n ' mint. ' 'uurt mi
februar, 5
Ca'iii 111 Meat .hiiinin
CIliiaE", Ian ."i -Wllplllfllle id .til
and fnsh linn s limn 1 1 n .iw ' '
endd Jnniiaiv
pounds, euiii.ai
year ago
ii v jtu .. : tr
Illinois Central
Inspiration i'op
Inter Agricultural
Intel Agrlcul pf. .
Inii-rboro foniol .
nn ib Consul pf.
lot,... Mee Marine
Hiur iler ilar pf It'.!' UI'J UMS
Inter NieUel . . . . .1 -1 -o4,
Int. r Paper . . . X" , :3S !fcV
Inter Pap pf Mi'd. 02 , 02 02 4
K.m i'iIv Hou'h. . I
;ell-dirgfd The 7i.S 77S '
Ki unecott Copper .T. . ::t', l.i
Lack Sucl . . . ('
I. t-e Hub A: Til. . I. 22
l.ehlgh allot . ..
laiosc-tVih.il U'
s a Ian, ago nnd l.iKse-W B Jd 1 1
r agn ,Ia.-ka '
--1 1.1,111 in : :n 1 1 1 an Maxwell M01 ie
-:," 'T-W ''."!. : "'- Maxwell M ',-l't
j.' 41! :! 111 :r J? :-i ;.; siicm penoi.
is i 21 r. an 71 ji. 1.1 Miami Copp 1
Is j.i Hi on l'i. 111 ! ,n jemima Stee
Mo Kan T-va
Mo Paeiflo ...
Mo I'aUMc nf
National Ami'
Nat fcUiam . h
.National Lead
Nevada 1 'on "i
. O Tex & Me.
,S ir PraK.
x Y Central
s. X 11 ft H .
X V Lllll West
W 1 -11 an Ibis. 1' SjvfoU U'l..ll.i
I.'l I 'V. I I, ill tin.- s,,.f fc West us '
1 - M Kuan. 'Hi r uti i Aim 1 .an I
I uvu riuit "tl A ' ''
V.lllielll Pailtls HI
ft. ' 1 1 ml (.hi.. CHI'" '
1 .1,1. 11. "Hi" I'
lun-X"' P 1
Han-Am p. i a
Hi. 11 1 j It H
1 1. i . f lias (
11 1 .. t, i, . .a'
la. 'W M 1
V . tla u !
IllHil I'ler. t-Viiuvn
1'ieli a ' '
HlU tt Wek'
lressi'd Kit. '
I'ullm "' ' "
l.uu s!. 1 e V
id teii'ial nn m 1 '.. 1 l)a h. gtiol rtpiinf
Ma . V . 11 a 1 . -s iui; ,. . ionsol (- 'P
' ' ' ' "' ' ' ,' "'- ' '"" ,"' iiTailiu
"' -'" " w ' ' , - - Jiepul) in." & H
. .1 !ii ir i"
1 i.-huu Kian . iJ
IT'S "SIR JOHN" PERSHING NOW -..JLTi .
.I
III. Hi
11 tl 1
M.
4,1' 1
1H1'
70
171'-
. '. I -
32
.1 1
J'l'.
1 '.
V
II'". '
- 1
' .
I" I
I'l
111',
71
l.i..
; s
13
I.I
oil
13
10 .
21
llH'i
2'
;i:.'.
1124.
4o
'711
'.-.I',
MP.
;.i .
:i
3 4
24".
32' 1
' in.' 4
ts I
I.OMiON Monet is ipioted at '. pr
ci nt lUscoinil talis. smrt and tluee
month bills .". 17-32 per leiit
Itcserte Hanks' Discount Hales
Otlli'lal discount rates at the twelve
l-Vdeinl Itcserte banks were as follows:
(The fiist column gives the rates for
all p. rinds up lo and Including a flfuen
ilav tniiturltv, the se.ond for a period
of 'sixteen to nlncy dasn Tne third
nnd fiitirth columns are the raus for
n discounts of co'l.ttcral loans secured
by government bonds or notes.)
ttnstn 1
Nn Vnrfc
1'lill.nli'lphia
I'levillllil
Itlrl.moiul
All mtr .
I'lllC.lPfl .
st. t.ouls .
Mlimt-.ir'iiUH
Sun rr.iiulscu
Kimis city
Dal in.
NEW 1OHK INACTIVE STOCKS
l-'olloulug iiie iiiiitiitlnns for In. 11 live
New Yolk Hoiks The ,'irkes git in are
the last previous Kilo
tdt Hum pf 561. ., c 1 1 " So 1.
Ciim'l paper Oov paper
10 to 90 10 to 00
1.1(l.l3 .IsMi 1.1 il.on U OS
I I'. 4 4V.
.1 I". 4 41.
.. 4 l I 1 1
... IS Is. I 41.
. ." l'i 4i
.. I' I'. I Hi
.4 4 4 4'.
.4 4 I I'.
. l'i 4 J5 I I',
1 .. IS .1 1 1 41.
. . 41, .1 I U P.
... I'a 4r;(3 I P.
;:...
-K
T ll
.1
d Sew in.
Ill' Il
..ir.Mo.
I! !--
H.'i
..I
HI'.
I2
I HI HJ."
DIMDEMJs W...I IUIi
11 ,, 1 iii- 1 1, , M .
1 . . ic ' 1. 1 aiuii.. ,1 t VI , ti
, ,1- 1. . - r 1 . . 1 r.
(lulr tauill-l It. It. Hale
llbllillMIWI,
. K 1' 1
I.I I
II 'I 1
pf 12"
I 1 '1
'.".
11 Us
S
. Il
I ,
4"
I. .11 tads
1 a 1 .. dfni
11 111-s nil
1 1 1 i. n . .1 1 a
.1" s , ,,. k tl l.tll
1 a I 1111 i.i 1 '.. I ha
.1
Ii
I
I."
141
!'
21 .
"I
'
101
'I 1
121
71' .
"V,
1
.17 .
H
l
ti"
Ii4'
1.11
:'.
I'l'w
3.'-,
12,
.1
0 .
I.'l
is
'
I"
ll'
I.)
. I
'.11
per cent ol nmtu.il 11 ml 1I1..1 ti,
new week stnrted tilth mills running nt
about the same rat. .
Tile general lmmv.simi imfntn ti.n
.publication i,f the production llgures was
lint all the steel plants of the countrv
I had curtailed opetatlnns to such nn e-
jtent thai the nutput nf mam of thitn
was 110 hettir than 65 per tent, while
I others were producing at the rate of
, about 60 pel cnt nf nniinal capacity.
Naturallj. it was upposed that the
mills nf the fnltdl States Sttel (V.r
poratlnn nl-o v.en working at a much
jeui tailed rate and the actual flguns.
I therefore, caund some surprise As a
matter of fan. a number of the smaller
.steel companlis nf the count r hate
, curtailed production, and the nterage
rale for these mncerns Is no better than
I posslblj 3;, ,,er 1. nt, nrcoidlng ti. well-
llnfoimul trad.. InteieHs r
However, the ofllclnls of the Steel ror-
. point Ion have thus far not found it nee.
.. I es.arj to order a reduction In operations.
i.0"4 and 11 la .raMt.r.ilL 1...II... .l I
fJ.. I --'....., ......,.. ,11 Ui. Ilf'l- J.,'H'r, Hill l ft i.i. 1, ,., nil.
'ii,'. j "lu're good itifcimntlon Is nhiiilmd that cent; sis months, fi per cent
, ., "on. win ne continued m a compara-
(ivei.v nigh late to keep the workers on
the Job", and thus prevent unsatlsfac
toiv lahin conditions for the time being
at bust
Man men hate been dismissed fiom
some of the small sti, plants of the
tr.unli.v, ! Is siald 111 the trade, and tiifse
men ate Increasing the surplus nf labor '
which pievnlls In tnativ States at pres.
nit. The action nf the Steel Cniporatlnn,
therefoie. in holding as mam men as
pn-islhie hi present s being nimineiiiled
generally as an ti client move
Theie hae bteu no niatirinl ih.inges
In Oie uiideilviug conditions nf the Mild
markets during the last vvtek Some
gocd ordtLs for pipe f 1 run jobbeis to
suppls the ibniand fiom the oil countr.v
have again hi en taken bj a number of
steel tnanufaiturers, and the uutlook is
lhat this demand will lontlnue for some
iltu.- in tiew of the activities of all the
nil companies of the countr.v In drilling
alnl locating wells.
An onb 1 for nppriiimntc!v l ,",11110
tons of .shlplniilillm; m ticrl.il has been
given domi stte tiiatiiifiictuiers for ship
ment to llmlaiid This is thn first
d' finite epnll older tiikall 111 some
vveiks, lnit lui.lrliM fiom Italj. Japan
and Suith Amerienn louutips aie In the
1111 rket and sunn steel men epie.ss the
belli t that tirni tout, ids inlulii l... louktil
fur shuitlj on these iiiuuli les
Tho 111arl.it fur iilg Iron Is 111 fatr
sliap.. Some buslnijt. him Ixen tilai ed.
but all the iiiutracts Involve onlv small
loniiages. and the nggi.gaie of all the
orders thai have nunc to light iu the
last week Is ri'ther luslgulflcum when
I compared with the large tiumane., whlc'a
were placed s months or hi ago
As a matter nt tact liujers at the
moment do nn necm im lined to plate
orders for futuie deliveries. .11. d tin. busi
ness which tins In en nlai'i il 1... enll.v
mils for spot and nearby shlpmen me
onler for loon tons of foundr. 11011
for Hist half shiiuueni his l-en phued,
hut this is e.cepl lotinl.
There ale a number of innunies for
lug Iron in the market from ilunii stie
oiisum. is miulwnu uTrie 1'alr-siZ'd lots
tor deht.rv In tie net si i.r elglu
11 ntiths hut 11 Is ,mt believed Hint these
will dftioi lino eiitiiract- for some time
at le.iM new epmt uuitiln trom
IltiBlaiul 13 iemrieil. lalluig for a special
kit d 01 Hessemer but some of the most
i ns.ivative trade tnteteifts evpiess the
npminn thai this husun'ss will not tome
ti.r ., lung t.nie, nnlnly l.nniue of the
iinfavuu,bl.v high freight rate, tt hit Ii
uoVn make the 1 .st of th. nun too
high 'leiivti.il on Die oth.r slip .
T..e s. rail maikei iiitit touts stead
S.i.-r 01 heivv ineliiiig sled mi up,
whih is uaed 111 opeii-liearth Cuiuaces
have lie. 11 made 111 117 75 , ml J1S pel
ton, or uboiil mil hanged fiom the pre
v anis week. n far as a. lual continct
are onejo'iied iiuihIm r of strap
iiitnies, '.vh!. Ii liecanie iKipulai- during
Hie via i'. He Bradu'nllv disappearing
ft on the maiket
'I'ms la ninitullj tiue uf I.11111 finite
1 nt iiitisM These 1 limbics . ,une from
sht 1 as tl,i..v wire made the sizes .'e
iii .ed Vow 1l1.1t shell turning butt
vn.al'.v teastd iik- bta fin,,.' tjra
iii. ai. 1x1 long.': I.eliiK talk, d of In--ad
lilaii-giade nn ehliie slinp iiirinngs
ate aifain eoinliin 10 liieir ntn
r 11.a1I.it lor fi in. -manganese 1
it Mall, nl a standstill Tiu-r la no
1 a 'il or uu.it a uon for inansaueae oie
iti.i-eiit silling Inien siM not lt h,g
iK 'Via to make i iinn'lliil p. I.
la aiie theiv aie 1.0 Ini.i era fir ilu'
pn .Iu. 1 llosales of It rr.-mangaiiee aie
mean . null d t have In en made ai
ijln ia r tun
lie surplus of ' lo-maiigatiese Is in-
leasing a'd ii' IU" aliaiiie of nn.v de-
111 lid Ihe ll.uilUiets Hie III ttllinlllg to
soul tin mi until sui Ii linn ai- ii mil he
(loss iiie to judge 1'ie tu.'tt ifl.l ut1-
41 ii . 'lli'iM far it . utiuvi 11 that
t..-n 1..-.-.I .. In.l...
(stocks listed In tii7 Philadelpiila Stock tliorltntlvo Hint efforts of Xevv Yorkers lo get control of the common shales
1 i:change and In which there tvero no seem to bo Indicated.
transactions today. The price given is 1 ,
tho last previous sale; .
! Ofllclnls of tuilroads operating eftstttard ltom Chicago and St. l.oiils le
1 pott that the tralllc motement is surprisingly heavy. Whllu it Is not ns large
at tvlien the government was opeiating Its shipments nt the top notch, there
is still enough business lo keep Ihe equipment of' the etistern roads fnlrly well
balanced.
An enormous coal movement is a feature at tills time, nnd shipments
of other lending commodities, principally to the senboard. nre large.
Iluslness Is running' along on n satisfactory basis, although held some
what in check by the uncertainties which have como to the front since the
end uf hostilities,
Olllclals of southern rouds report that tho movement of freight Is only
fair, tilth home cintallmciit In tho general diversification of lending lines.
In other tt orris the liillucnces which ttcre operating In favor of n high busi
ness a j car ago hate been gradually removed,
Acme Tea Co 79
Alliance Ins. 1!"J
Am Milling.. 10i,2
Am Ilu .is pf. fiC
Am Stores pf 00
A (1 war . . 7' j
Ilrlll .1 (1 .. . 20
Huff & Sus pf 40
t'nmlirla SU..1IB
Pataw 1st pf. i',2
C.ttavv 2d pf. 51
Pen Pas Itys. 109
1 'on Trao N .1 02
Corn lis X U.3I3
Hunt & It T 10
Key Tel pf . 50
Utile Schuly 4 8
Northern Cen 71
Xortli Penna. 9t
Pcnn Nat isle
wnr ....277
Phlla 111 w vv 2'J
Phlla & West 6
Ilws (len . . 2
T0110 Mining. 2)
Uni Itvvys pf. 14
I'll Pats Kys.150
West J & S S 45
Philadelphia Markets
PROVISIONS
iTUr
e erb
f.,1-
iln pork.
-Call, 6 per cent:
cent Commercial
sit months, 5fu0 per
Ilu re mis lllll.- tr.nlltik' Ion
xtillilU lit til Tim quotations
lows nn i, . r m mts
ilrliil, 47, in torn Pier
t?e t lit liaif knili kles 11
ami Hlr-tll li'il ISi In ff hattm
f.ittllli. 'li,.1ll hams st I inreil loos.
:'.i.' '-. .tT'v '. .In. eklllll. .1 Inline, tll'li l i i'l ,
ilo 1I0. tuiiolieil asl lilt'lVvi'. ntle-r lunis.
HiiioU.il, tin 1 uri-'l. us to lirini'l iiinl aver
inii Hi', fft I'l'ir, li.itn.. unoke.l ivislirn
1 rfreil snI, :1'Hji . ,1.1. iiuiinl, Ihiih-Ims, r.'Je.
till nli tthoulilerii S H turisl. loose. 2'if. ilo.
itlnnlM'il lllle. In lllen. In pi. kit loose. Hie.
I lireakfaiit li.ii on. fill iiirnl. 4.1, lire.ihfiisi
naeiill. weslrrn lUrtu. ai . null wesiirn,
rifliii'it. J.1' i "Jiie. lurd. tiurc .lv, lattli-
ti llijt reil. Jail l 'Jlk
KEFINEI) hlJ(;.HS
T In market wan iul t 1ml stemij on a
hat-in of He for duo Kratiul.it"'
;'H VIEW TRADE OUTLOOK ALLEGEJKEADING BOY
AS GOOD IN THE WEST WORE BMS ILLEGALLY
Confidence in Future of Busi
ness Is Indicated by Opin
ions of Business Men
Robert Fi&lier Arrested on
Cburge of Impersonating U.
S. Armv Officer
' DAIRY rUODUCTri
i lli:,.i: Tho mnrktt rulnl firm
limtnil iitiHorltlim the limlU'il offi rltu
follow Inir v rn th iiuotiitlumt. N"i-w
w In. In milk. f.mt, hi hi .lft.lHiji
in im maw r do. o, lair lit kk
with
'1 lii
York Hl -
fn-xli.
HI .l"'it , Wliniintn. whnli -milk f.iti
U'''.1N, . ,,. do fnir to Kool. AllVir
' IHHTLTRY
1 l K JUf UHh hihI ilfiniiinl w t iH.th
tiu-lit 1'rh f M-rc flrnilv tiiHlntiilm t 'l he
iiuotatloiiM. rmvlH. tunes :t ji( .We, lm rlr,
."Co lit, . lunllliu (liiikfiiH. fatu miff
tne.it il. wi'U'hintr 1 'a ff' - tmutiiN a pit - . .1"
ftf3v Mining tlilcUill ftort-Mlratiil, l,i rm f
Hi7pi, '2s t U( . tt,irr oinitf rortTf 'jTru
:i"e. old pioHtt r. tfri'Jlc iliii k l'i kin. 's
ff 4ik . do Jndi.tn Hunner. .i'tli :t7e, uhhi-,
3J :i7 . turltt'w :n"j:tiii. ml neap, jmi
! r txtlr wiIkIiIiik l'a ''(' tl-" hPI.ip I1.1M
in X ."it-. KinalliT wli". i;m. "fi $1 . uulTHM. uM
iM-r iMlr !u. ff$l, liiuvnu M i.r nalr, 10
ft I.m . do. UJlr. in r tyilr. ,.fti 4i'e
FRESH FULTIS
A I M Sus . i:
Albs-Ch pf . R-J
Am Aur i hm ion it
Am Ilk X pf IJ'j
Am 111. Xnte .11
m 11 Sus pf SI',
Am (' .V; S pf III'.
Am Can pf. Il
Am c t.iis. '..'.i'
Am 'iit oil pf si
Am Coal 5 1
Am P.tpress sni
Am 11. al . I1.
Am Ice Sec pf l i
Am l.nco .' 'i
tin .Mult pf Hi
Am SlilphldKlS!".
Am Mnell pf Int.
Am Snuff 1"..
Am Miutf ,'if !''.'
m Sugar I 1
Am Silitar pf I !"
Am Tobacio.lul
tin S Tob pf. !'
tin S pf A !'."
tin To nfnetv 1"1 7
tin Wool pf. ''.'.in
Am U'r Ppf.
.. 7. ,t l.ellll
tm 7, I. pf
Asso ll ' loi.ils
tSHO ("' .
til ll it n
.ttl ' Line
vi ;,(. i pr in;
Halt .c 'i iii r, i
llam-tl . n ins
P.K of Cum J17
ISatoplhts t
Hroviti S i ... hs
Ilrown S ' i.f 91.
'.I
II
II
J I
'is
l'l.'i
wj '
..I
w,
i.'l
,ii t
i'i
i
.17 i
H i
!'.
i
til1.
Iil
'. i
IT .
sni .
,1H1.
J.'U
t I .
t '
'o 17
I7il , I7d
Aitfs m. ur miuui. ni: .i,
Ta Tlfanl.'il u- ill! lillionlv op New
ork .siiiUlt
tnrl. .In J5 11 .tl.il.. i di
Neil
llatrll. nn. o n. em sot tahv
rlav eveolnc in her hoint
nib st'eti a"er nn nu
ilitd Thurt.
hat Tliir-
ot several
ff
hontlis win. 1 1 bail lien sniatid a surual awindeil 1
. ' r
whs the
nail Mis.
VV lit! eH S
Mls tie
Sew Vail.
'operation last Misust ""
onlv dauthiei of i h. lale ill-
John .1. de Hal nl of ilu ' it"
alio lived in maiine -1 '
RsiTIt oienpitd a po-ltion in
that tvas unupi.
When f mill It " nfcuui.e . M'
da narnl mined her knowltdtic of o
ilety to inn. ' ..'.n n.uunt and ) lx-(Hi
about iweiiiv-flvt vear go in nHfiid
lo the imiiaiinii Iisk of liriiiuinwil fniill
Iles IminiK that pernnS ileoe was
scarci'lv ativ u ii'iniiitil oclalvnit that
did not pass ucli' 'ier supervision
Molortruils Iliirn. in llinail slrccl
n nutooiobile 't of the Chiunp'oii
uto lieliv.iv i nnipaiiv ol -' l'u(
Tulltll Slice' New tutl. lilv. VVU1J
shBhtlt daniKtd ( lire lodav when
flame fiom ' ' .vimu-i u:n letl Baol n
which otcrllowtu wlolt 'I" taoU was
helUK Hlled n I '
flnlns' Coinpait s s'ai
and I lie Norile.i-i
rflier Samuel Ituio
Kept the lilaze mull i
llrili-li Wlni'. WIiii Im- I'M1 (i
l.i-l iui'rii'.iii 1.1'iicr.il
Sen iirl.. i in I. ii
Who's Who n upv of I i lipi i.itii
ot vvnii Ii lias just litii miiivhi net-h-w
t'e i oniin.iiiili t ' ' hn f ni the
Ailieinji. epi il. ilu nni v tor.es
t.eiierai Sb John Jnwpii I't-rtiintf.
1 C V. "
On In 17 PMs L.tiu liimi
g i Ml ci'o-s u' to 'irdt i
Of tin Ilitli lo i.enetal Pel -hum. and
Hi A liiU'i Kiiik '.fin Re .iuiiiitfH v ll
,u I iKiitt persoiuillv guve. the jen.
Hon tu him Th Htvaril of the ui-unl
riiua of the Ordf of t,,f ith to a
British hjIiJm i BUtomat.i all.t tnak.s
a UiiiBbt of the iclilvlit. ami trhex
him the i mlH in piefls "Sti'' 'u u
tiRHif.
The uVooraUuii given fielieiul Pi
sliinif hovvevei wan an hunorao ono
anil ii was said ut ihe Utile b Amil
toii i oinniu'i'b'i' would not reiiv. tn
title of 'lli." os b va not a HritNh
BUblutt.
DKMItf KIN V.NCINt; MU.
vj
llelllll,
, it lie
'iiUIII VOII fit
III!.
uf Ilu llllll It'
11 1 III. ..i'l sn.
lit. llea ll 'I
N. vv tm iv
tllirol a Mi ii In
sxtliutulsher until 1 neine ( ouuiai.
I S.tlll
s ni ics ii
i iirman
Ii ili
In
sli. d
u ..mem
Jn . rett'e ;
-lllHMin-A '
Hinilnif il ""
,V'ls-Slleff f 1.
BOUtlli'ttl Piieill .
Southern llallwaj
BCIUlll K uf
irouibers ( ro
sit idflmUei Co
ii.iiK Motor
supeilor Hte.:
Tnn ''"I ' ''
'l 'sa ' -r
...b Co I. 'I
MeXHH Co I Igl'l.
Tens Paeile
I annua & Win
1'o.ba.Mi 1'ruUu.ts
I n on Bag k Pal'
, nioii Pauitio
! uir.ii PUclMo Df
I niiej Man m1
i nn i urar KU
I nii.d va Inv pf ln"t
1.1 ir V& f- I'.
I Si I I' 4 K III ! I
l- H Hid AWohol. Itr.'
f s nuii & iron- t"' -
V S uubber ..... .ii
i s itubbur 1st tif !
l (J Stet ;'.'
I H Hloel Ot ,',.
Hah Ooppor . .1
I i ah SecurUIvta I
V a-' aio I'hein . .'d
fa ' ai ' iieni pf I l-
Wallas i
Wtibasl i.f" V -'
t . nasi' of B -n
West Maodind II'
i Wosttrn Pacltie I'J
-I .
in .
I s
.I'l
I'l .
I'l
) .
i ; i
IS'.. ,
III
i7
.'
' a
7.V.
7'l
U7 .
in
..."
'.HI ,
'P.
I- i
IM.
im
I'm -
M. 1
M
U j
sen ii .e ., -iia. im. int. e alul
tUi ! . . Ill 11' eabtt 1 11 M
i .Mit i nav t 1 1 1 ii Plow it ', ,
as' ed ila it
lnt uaii .sell
HI uf lIlS
!' 1 mi; tht
HruiiKW Ii I.
Unite ' & 7.
ltu.-e S'U i up
111 I, I'll Ins
i'i .'; ir
Col ,t Stan h
I IS' .1 I pi'
I 'III .V; t i p in
c i' .v.- Xoillnv ' i '
''h X V n' .1.-
iV itou 7
C ,t Nvtii. '.'"i
cri'sst i. ;
nil Kd !'
c. ii l.thr pf lull
c pd c pf. :i'
c Jl .(. Si P '
c It l& P .
i . pf. 7i
C P. It ol .1 --'"
I' . tin T 117
'a P. ill pf 'J
c... s'l .1 I pf I" I
C 1 lV III W Pf '!'
I Ilit'lt-Pellbv liil
I .1 .V,- sjlullll' J I I
. '.il lias .'; t;i H
'iimp Tim -it
Cunt Cuti pf I" I
uli li.t i el ii
Colli In Cu
Cilllful ilus. .
i'ri ('(iriet .
Clippie creel.
i 'nn ililt
'ubu-A UK
i i . .v. W . .
I lee re Co pf
5!i'
'1
1 ai
l"
(i.i
Kan Cv So if ili'j
Kan. c s pf
ICell.t-SiuliKT i.S
Ken .V Hes.M. "l
Krtss S 11 . i'n
Kie.ss h iif.lnr.
USPS M if "'''
Laclede (I is . S4 r.
l.acli.i Slcel. il J 14
l.al,e i: .v- W Si
i.i; i: .v. w pr is
i.ai.c i: & v s'
I, u w lit in. :i.".ij
.lairlllatd pf 1 1d
l.b,' .t M T pf.lii'i's
l.i.os.-W 2d Pf !'7'.
l.orlllatd .PIS
la.riltanl P' 1"S
.tlael.av Ci, d HI
.Manila! Ml. . I'1
.Manhat Kl . :i
tlaiih lleai a ''
.Miinhai l.lv . . a7
.Minihui 171 of I"''
tliilihat Shut. 7S
Miitiliat Sup 42
.Mhi llotK so
, .Mm "pt- S Pf 101
Mat l'.pt hi ''"'
. .Me., Pel III IOli'
Max .M -d pf -'''
j Mich i .'in
.Mo Ii .v. 'I ..r s.j
. .lhi M I. new "i
M St P .V. S
. : il . s7'
ilSPe.SS.l pl'.l
ilo Pa. Pf 6(is
.Mont Pow 7'"..
ibml I'vvr pf. Hi.'
ilor .v; llssex. 7o
Nut lbs pfVll'i
Shi c .v. Milt 7c
Vat ' .V- S pf I US1 j
.Sat I! .1 H pf '.'.I
.MP I .end ol H'i 'a
Xat. It 11 Tts
'-il pf 7'.-
n ii 'I .v il. . a:'"
X Mr HIP- liC'4
XI C St I, Jv5
X V C ; St I.
U pf . .. II
X c A Si 1.
:ti nf iu'j
x v i Mil. : 4 1 a
X t Puili pf 11
X 1 I. it V '.H
xtit-r .v s .nth i.;
Voif .v; W r's
Xinf W pf. 71
itmna Hut pf.li.''
iiw. us tint . 17
(Hit ii In Slli. I i' ' J.
Pncifle ("oiisi 10
l'i oi ui .v. Iinsi H
P. c 'I .vi T
P ' c ... s, , c
P. n M 1 1 pf. .17
I'eie Mam IJ .
Pere illl.ll .. 13-ii
Pieni-Ai iil.tn-j
P. Itllmiie ilu' in
P Pt W Ai ( insi;
Phlla o . . .In' i
pimil iieeh ( 1
lie. all,- 1st pi' il
Ihe inari el mini Urtn nn i lint
nitisl ili Hcrllitli.ns with nil el i litis iiiiiil.ral
all.l .lelll llul fllr Ulliitlltli.lls Al'lil Sew
tnrl. per bid ! Iiw SI.IiiIis, llil.hiln.
l n'i i' .lo. Nnrtlu rn sin. j .lull it .1 liuli
li.irilstim. tiiiMi ;,i. (iritnliiK. H'nT.r. .tp
tiles l'i nnsli.tiita anil Vlrultil.i, ii. i Mil
lien Hills 14 .infill Jl C.oni l :.n 'ml ,1ii.
Villus Hi tTllsrai, IMtipliM JllllT.lil. Slav
man It tm sup l.-.Si s .Iu. Vnrl. Imperial. It all
117 7.1 Itmne Itinilti fiilio I7'us Apphi.
pi r ". liusle I li.it.Kit 4ui Ii $1 Jl. .It, pel
llUSll' I li'lhUl't $1'!' tpptllS, ll'Hl ill per
lm l-'ll.'il'.l 1. innllit t.-t lint SJ1I I
III.UlKis Harl'l 1 HIT irnti ?'- Ml-ll .1 111 ilu.
'iitlfiiliilii pi r lej. $.Hta Tu ni;i rln. s.
Kiinlii.i per Hir.u. j.llis iirapi Iriiit. per
Im.x IJ iihi .1 I'r.uil'i rrlen JelS I p. I
liulul li.'x Sa.liiiin .In. 'la. in r lihi Jl.".
Ii .'.' stnuvbi rnes, 1'li.rlil.i. p'riiuari .lnit
U.CETAHLEs
li.niHti'l m.iii mil. liii.l.rittt n i .I Hi
lu'ilUtt sliiiwtd nn itnpiirtaltt i liatiK nf
rirllniM wire f.ilrl- lllnliil UUnlalliiiis:
llhlti imluiiies i:m.teru simre, per lllll
Nit I 1111 II 1.1 Xtl S S.MlJIU Willie pD
lllt'ies Jervt. IH I k -lilisli. I l..iiikel Nil 1.
SI, 11 Jl 'n -' .lllll I, lie Unite ptitiltniK
P. itnsvh.itiiJ Nn I !' r Jim Ih" S. '.'o1i
L' ai IV'lilli inH.ii.ii i. in stein i" l Inn ll.s .
JlUlJ ,11 ilu Si vv Vnrk I" r Hi" Mis
(1 l'i 1l -' J" "11. '! pntntms Jl rin'V , pi r
li.lk',1 I Sn I tl .lll'n I 7.1. X.I. J. SUM -'
Hw.il imliii... C.i.tein Mlmri, . t lilil
S'n I. J.IHii. Si. J I.' railill In Mi.tl im
t.iliii .. 1i.iiivv.ti. mil .VI inland liushi 1
liiilinn rs Nn 1 S'J -'"'"-' II. S'n '.' il lu.i
1 I. n I'al.l.iue IMIllsh m eil pel Iiiii, 11l
SJ ill. i-.iullierii. p-r liauipe . 51 7.HIJ-.1
(minus v. Ilii p. I lllil-ll. l.lk Sn I
l Phi 1 s-, Sn " 71 1ll
i,ivitoi:i gi iii'aiio.n?
Ilili.ien, .Inn Jl - 1 1 1 : : llslllliaK
hlrnsn, .Inn. J.I. The general busi
ness sltuati'm nt CIiIciko and throuph
out the West continues to be umlir the
Influence of the t ('adjustment period.
i:panrliin In all lines Is or a neiratlve
untitle, and probablv will eontlnitc so
until the ddilopmcnts at the Pmce
Confeieiue ate llnally Known. Hut, In
spite if th's, theie Is a falll.v Rood do
mestic trade In maiiv lines of products.,
altboiiKh dty miods and mt rclt.indlse
authoiltles point out that their volume
Is (onsnlirahl.v under tbl.i time a .tear
u KO
Tliete njipe.irH to be a general ab
sent of pessimistic opinion tonieinlm;
the future nnd on the whole confidene
set ms to pifdomlmite vvheir tlevvs 1011
stmk nf lernlne; tlie (ititlonl; ate Klten.
T'iillic reluins on western railroads
shiivv a smaller volume of bushuss than
a )i,ir iiko. ami ciinlinis ,ue mil lmld.
im.- up as well as had In en csptcted.
This is pmtuhl.v due to the Inadtiiuate
ftelKhl talis nnd lo the blah lost of
labor mole than an iitlier caue Tin1
11'H'i itnlnlv lomeinliiK Hi
mis l.l Him . a
t.lln is u' ti lull s
t.i.lav 117 II
r t'i'i i.i: k-I'iihumI
siu:i:p ivisiiiii.ii.il
1 1
Mrmm n" I"'.
Mil. a. niri"
ipis
tllllll tl. It '1
.trnin ni ml
uatloii Is alsn hat Inn some (ffeet on
business In neuil.v all Iuc,illtle.
Mitpmeiits of Iron ami sli el are said
to be lame as could be espettid i'l this
time and some iipetalois who bavt oeen
rather iliiblou.t iibotit the stability of
the trade, express surptlfV nt the prtsent
ib (tree or mtitlty It Is In lifted that
prlcts halt lieeil lowiieil somewhat on
nidus ror tlulshtil products ami this
mn.v hate Mimethliie; p, ih, uuh the ac
tltitv since the Kovernment curlalled
its enormous nrileis
ibiliolnit iiindiilous .ue smut what
easier throiiKhout Ihe cuiunl mil Coin
tneiili 1 paper IsmoihiK in a kooiII.v vol
ume ft mil e to . i j pel cent as (oiiiiasi
ed ttlih a unlloini rale ..r '' per it ill
oiil.v a shoit time airo. Iu we.sUin et
lions the Kid iik late has hi i n lm.Ueii
fiom the fi per ittit IlKiire ami in inv
tiauu linns In ihe various classes of
loans have be. ii ic polled at ."' pe
cent 11. ml, els point mil lhat the oiit
Inol. fur Iiie nest vint as a whole is un
mlstrihabl.v lovv.inl lowir i.ttes of mtei-
st
In the nn it haniliM uade toll.i ems
ufi itporliil as K' nerallv itmal
HeadliiR, t'n,, Jan 25 Itobert Kisher,
nineteen ears old, alias II. W. Wilson,
alias Peters, was arrested by City I)s
Uctltc llubtr today, charRtd with Im
peisonatliiK a Pnlted States army lieu
tenant and tilth larccn.t Kisher Is a
lU.ullm; la i.v.
It was repoited that Kisher had been
KKlitdctt at tlie Jlajestlc Hotel, In
Philadelphia, nnd hnd also tlslted sef
ci al other cities. He Is accused of steal-.
hiK watihts in a Ulrdshoro lintel Tile
police etpict to teieiie fuither details,
now that the art est has been made.
Kisher Is said to hate admitted to He.
tietlve llubtr that he was never In the
sen ice and that he went to Philadelphia
and bought two otllcers' uniforms- He
also wore an expensive fur-Ilned over
innt. He has hi en reglstend at one
of Ihe hiifliiiK hotels In IttadhiK
When Detective .Miller got possession
of Klshrrs grlii at tlie Franklin slteet
station, where he had it cheil.ed, It was
found to contain some pieces of jewelry
a lieutenant's suit nf line serge and ..v-
lailtoad sit- 1''11 K"1'1 Im' Nl" " as stcond lletlten-
wear on tne sliouidets of their
nuts
coat
It Is said that Fisher had presented
gold bars to a number of the girls whom
he mi t.
Norllnvcjlcrii (Jcls llailitiian
thliiiKii. Jan 2." Charles C. Haeh
in.in. former star alhlete at .X'oirc liame
Pnlteisiiv. has signed a thiee-.ienr
roiitinet In loach the X'oithwesterii Pn'
vtisltv font hall eleien He sucieeds
Fred iluiphv. ihe former Yule siar. vvhn
resigned to ib-toie ills llm.. to huslne.'
Inttri'Ms In llenfr Haehman .. ns a
member of the (,'ient laihes Xaval Tia'r
Ing Mnt.o'i . hiiuiplnuslilp eleten last fa''
Barnet Oil fi? Gas
nncmiT ni.i nniTKii
Morton R. Alexander
Phila. Stock Exchange Bids.
!7 Itllliiini t.. X. . I'ltv
llinis- iti . ipn
i-irniiKii tii'iv
linker- 111
pa. Kerf ll .in
I'lttslniruli.
II. llll lie III t l v ..ml
IlllMll. 1 17 HI'' IS Il4ll1
1.1 111 lilBS 41 11 1 I al .
ll, ,111
I' t'l I'l.i: llm lis Hill lleuil. Sli.iU...
I'alvis r-iellJIs .".II 1'i.lii. Sl.n.lv III tic
Mir.IlP AS'll I.AJ1I1.-- He. ellils Uljll
1 1 M....v eh" 11 $11 1". In Ullts (III
I' l.l Hud. ilii.
Itlllil lleml
crn.i:-- it.
mii:i:i'- n.
It.llls.is ( ill.
-'tllli heiel
. i'i ti.i: tit.
Hllllf.P lb'
Snlll'l (lllLllll
1 II ll. .1
I t'l "I'l. I IP.
xill. I.I" -It ii-
IIi IS- Ib
p 1
llll I 11,1
I I'n" lit. id.
.Jim In ad
1. i.ln
.'.".. - Hllil It" ilp
.Inn liesil
ellll llt'riil
Sew
lailc Uaiujter. of It. It. T.
tnrl.. Jim. J5. 1'ieile UK
P
lloi.e tueii'bi r of a Huston lino of elie
Ul.'il iti.ii."i. lodiv was .nipoiiifid
gellfl.il n . uiig. 1 Im be in IVfl of Ihe
liniol.lv Cupid T1.111M Con iiani In
l.liullev il "Ian nni. 4 he u.-eivei ili
liove Kill llSSllllie on .Intnl. 11 v '1 Ma
vioiK nl Tiiiiolli.v S Wil In ns, lib-iilml
of. I le to'iipaliv vilin has iisriihI
TO TUI. IIOI.DKKS OF THE
Government of tlie United Kingdom of
Gren" Britain and Ireland
FIVE AND ONE-HALF PER CENT. .SECURED CON
VERTIBLE NOTES DUE FEBRUARY 1, 1919
I'lrnse laKe notice t lint the Ijiilish Tioasiny litis waived Hie ton '
dais' ipjt'tc iciuiied in the oution for c(inoi.sinit into United Kinj:
(lom of (inal liiitmn and liWand Tivctitt-ear ."I's'r Bonds, due
I'cliruiuv I. lSKl".
The midei sullen will, tliciefotc. be pienaicd. at imv timo up
lo and iiicliulini; l-'clmiurj 1. IUI!, to ucfcpi Mich notes foi tontei--siuii
tvitho'it ruquiiini; the ten days' notice.
Bankers Trust Company,
16 WALL STREET,
New York.
lei .t; IHtilni.li l"l.' lleHii'lig Jd pf 37 '
Nll'.DKUlUx DI NKK l)Kl)
III
1P 4
Pi'
I O
Tli .
I . .
7:'i
id' j
M i
IM
17
' 'l.enuial M.injizei utul Nlie I'rrsiileul of
ll.n pel M Hio..
Sen t t.rl.. Jl m 25 H v
I Mli. el,,
tiros
bun t
l!i fin ,
,ol the
: M .ti a
Up III
I2il
11.1
s ' j
k?
111
IJj i
IIIJ
1 1
1 1., .
;i'
IA
tt
II! ,
lo
101' I
jr .
.(,
'.
iu
7HJ,
lo .
7.V.
y.i' .
7.".
.';.-
I.i'.
i; .
i"j'l
;S:.
7)1
i'j
iii1
- 70' .
II"-''. II ". 1 1 j.",
i iiitMdent oi II ii i-.
lit rl itsenla,t inoinine at as
siumiii t X I He lntil la tn
hie 'ivo i ear Willi nn affettluu
inn. hut Kept ll at lilt touch
a oil. tht. nigh i ni respondent
vi, 'K Hi,,
lie wit bin n In Keniuc'.v altout situ
'.veois UK' lb win Led on latum. i!U- nnd
I'ilieHC" neitsiniei ami then jinueil the
lff of Jo. i p' IMIItz. r soon nfler id
pitlitxer Ihhibiii Hie World, ilr Im.ieUn
WHH ..iv editor nf llle World lit out lime
anil lain td tor of tne livening Worn!
' He wini 'o limpet Ibos uiaiiit nn
v.nr l.l as wecreiaiv. bill soon he. nine
gcneial intiiiaget', 11 pout Ih- retained uu
'pflin- den"i Id had been tin pnsl
den. of Hie linn about full vials
n iiiiiiil.iliiui of Itaw Miliar l.iinlimie.
Sew tnrl.. Jan 23. -The ui iiinulli-
t .on of law sugars hi Ihe Inteinatioiutl
I .-UKiir i on t.iillee itnitiuues mid on h'rl
tav niiaiigt.iitnts were inade fui the
shipmeiti of ."l.uiiu liags of I'uba l.l,.
I ililn iiiimih and tail.. In Fehiuai.i ai
' i lid and f Tin Se ale Ilu his'
(Sugais iipntiil aiiangdl for Febiui.r.
j up i .ti Tne eon niiitee also ar'aiig.il
I,,' Hi pint ic uf fit ml ions Pin in
, P. o's tan ib h month nnd earlv next
.limit . in 7 28c i ' P.eflned sugars
aie in. hanged in U. Iiss 2 per cen' for
'cash Itavvty.Vf.. unchanged, al Ii Oallc
lieuv ; P. (!, '
I lellt ."J It lib'
II..I Hits I"1
net I a It !
i4.i lalison
iii. Mutch
I ' - S .s ,
I st H .V. III
i.iMiiii.i i-'ue; ::
llll. 11 l-eml ,
lii-i. 2d nf- -K
il A. S !' ."
lien Chi.ii ':!.
i -en Chen I"-1',,;
, '..ll i lufir . I'
r.eii Clsur lif-l";:
Cen Mm ,!' '-ilisidrbhlll-
H' "ll
liret'ilt-C i op. IJ"(
i.ul' M ,. X. . . '.
,. ." sum i I
Uulf Si mi. ,-
i -ult M s: uf ,'-' '
Hart nan i ' ,
Han !( ""
lloliustnkf J
liPiliils Clil. W'j
Hit ABr I'J- B';,.
Iui ens ''P-.-Sli
I nt linn inm.ll.1.
Hit Har pf-.il;
i m itys '.''
Hit Sah '.': J
nl Creel. ( I.
Jewel Tea .. '
Jewel Ta '
Kaser & Cu.l'iJ
l!v SI S-'pg iir.InO
It'll ,V Mini.lw
llu'd It It pf "o
s 'ihd I. i.f HI
stinh A I .lur J-1.
I, H P 1-
i. .t- s f pr in
,- I. ,v. H W 17',
is I. Ai S W pf In
savagu Anns ''.-.-iiii.d
.Mill f. 'vlv'j
Maud .Mill 1 J 5
j-tewi War S S'l'i
Sup s.i im Jit !i!4
s.uilelia.fer pf it;
'I nl. watt r iil -'.'a
I'vvtii i'i II T II ' '
1 iideritood T. I JJ
I 'i i Mis pf . Ills',
I iitied liriig ii :i
I ii live Wd US
I In Ale uflno
till, nn let I J
t ul In i piel . .IJ
Uelis-Faigo O'a
We-ighse . ll i, I.
Wt,t I'.u pr . 68?I
iv man 11 I'mi
Wi inintill pr. Ida
tt Idle Motors t."ii,
W iHg 1st . i..
W il .'d pf 21
Wh & 1. I. pi 18
Will P f. M SI
ttin I' & Jl
nf n ... 7'j
wool iv hi pf . 1 1 r
r.vv Miiiiv corn.
V'
mki:t
j .iiiai
nlnn
.llll.
Ill fell. tie
Uill
rilii
t time
I. (..1.1
11.411
PI in
13 .11
IM.IK
I'J.UU
We Wil! Accept
U. S. 4!2'. Certificates Due January 30, 1919
At Par and Accrued Interest in Exchange for
U. S. 4120 Certificates
Due May 6th
May 20th
June 3rd
June 17th
Write, or Telephone Spruce 1 480
COMMERCIAL TRUST COMPANY.
Member of Federal Reserve System
City Hall Square
j
)
3D arrived-
?-.-;' -:-.
1 if 'flllfc. SS. M1 !(
..MdiMHH