!- J
" '
u ''
v i' r
t
I
r
I
if
IV
18
EVENING PUBLIC LEDGER-PHILADELPHIA, SATURDAY, NOVEMBER 15, 1919
?We Own and Offer
50,000
Federal Land Bank
5
Farm Loan Bonds
(tied under the direction nnd
control of the Federal Farm Loan
Board, a bureau of the Treasury
Department of the United Statei.
Dated Man. 1918 Due Man I. 1938
Redeemable at 100 and Interest
May, 1923
Exempt from Federal, State, Mu
nicipal and Local Taxation
Federal Land Bank Bonds are de
clared by Congress to be instru
mentalities of the United States,
and ns such are exempt from Fed
eral, Stale, Municipal and Local
taxation.
The continental United States is di
vided into twelve districts, each
having a Federal Land Bank.
All twelve Federal Land Banks
are liable for the ultimate pay.
ment of all bonds issued by each
and every Federal Land Bank
Price 102' it and Interest
Robt.GlendinninK&Co.
4011 Chestnut St.. l'hila.
NEWS OF FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK QUOTATIONS
WEEK END ADJUSTMENTS
BROUGHT LO WER PRICES
Trailing in Cloning Market Tame Contrasted T Recent
Exciting Sessions Industrials Weak
New orli. Nov 15 - The operations I npplir ntjnn of iltati' "''"'L'V;,"""8",
l,i tndiiv's losing t.-k nurkrl oic """ "' h lHo-iltntcr otic or lit mo-t
striking)! tame .-nntni-trd with 111.- cv "-""-ere reversals nn.l n"J ""
riling trading nf tlio priccdlng i.inn nmts rxpciicwcd -dine tl"" .Ion or the
NEW YORK STOCK EXCHANGE TRANSACTIONS
As a ii'siill of the niilu'.il oricrtlvc
insures taken to uib I In" ',,lkle'J
i-dilntlon nnd the diingeiniish inflated
lintik inllt situation, speculative Issue-
KANSAS CITY GAS
COMPANY
5 PER CENT BONDS
Due 1922
WILLIAM C. ORTON
25 Broad Street, New York
Telephone, Broad 7160
Prtii mm ftiiimitu u im n pvnrptiiolv rut'
illni- which. linw'cr, uiriiril little sg
tillw-nm-e other thnn ti'tlcrtltig the fit
mllinr evening up nf tiip pinfris'iiiiil
mill vuiiipiiilpiitntinl timli'i'. I up ,,",... -. ....!...... tuu In mu
iphI t.-i..lo.i.-v nf the innikc! was tnwni.I ;"." " lsp,.u,;, ..,, Mug for in .
iimtinitiuii nf dealing inn' mil inwiutf " . . . ,.,,.
nf Mn tiintism- In . niist-niipnt p. Ihn T snvru of' Hip collapse of Hip
mniki't for Hip groiitri pail nf Hip list nliv , K,.(.,i spppulathi' Mlni ti H"
was fniiinl to lip lliln (,ii both snips , of t, xnaln ,mi Up best iippict-1
Uu-iuiglit development-, ui Hip iudit 0( f1(,ni t, f,t Hint from the high
t i it 1 situation iiilliiPiiu'il an unsettled ,(r, hvpi.irp lcw-1 nf 110 02 ntltiliietl
opptmiR with ipiipwpiI wpal.upss in a ln ,,n tniM1'n ni'tlvc iiuiustn.il" on No
mimlipi uf spppialtips. in uhuli wide i vi'inber .'I th.' slump i-nnled Hip inoingc
ipi Iiiips wpip spniPil. Then- was up down In 1117.15. or virtiinllv wiping
pntpiith iiititiniiPil liquidation nf niitiij nlt all Hip inhumes iiiiuIp situ p Hip 1st
spuiilatiM an'Miiiits whieh had lirnn i tr,. i,nrt nf Keptcmhei' ,
unpaired Ijj Hie ilisnsttous (IppIIiips Mnnv tinfnir and little miuii "'
p.ulier in Hip vec While Hus llipiida , linuiml net tlsntiotis lime neon oni-iii.
tmn wim in pingrpss luners n.ituinlh I made uRiilnst the leading finnni-lal ami
In Id ntT wiiituiR iniieessiniis bunking interests, whose lenutiitions
l'li selling miirinnt liminer spent hip liejoml rpprnaeh. Nu one hut tliote
it- fni ip iiiitnnintii'iilh. hut mil hefni I w ho em urn used ami mnnnRcil tUP to
tin spp, ialtns hill! been lepiessed finm ( enl sppuilathe til-R werr iPsponHiOIP
J t 10 points ami Hip iet of the Iht for Hip i nllupse arnuiR. ilnnRpr
,is ff I tn pnmts I S. Steil slsunl- ami i;vnn nlrndinRs wpip rr rat -was
ste.ulil- in supph du.iiiRthPRiPiit rillv .snored I h- uiPMlnhlr rash
pi ii.it t .if Hip slim l s. ssi, in After phiiip ,. ., . ..
, .., .. ... i.vs .i,o,r.i ... i..,. i. . i b;Hi: i ';!'.,";' Xrt
itnldwiii l.n..miutie lust I pn um ami - " , . - .
mis ur .iu u. "" ' .- j-.' --
Upt fabiK. All Hint li" been done
was to ilieflv nn ittromeh dniiRProii"
itillntion of se.uiit.v miIups A bubble
Dlv.
Sut's in 1 Hljh
200 Ailahts Kpres 23i
100 tl Advance Rumcly pf .. Yii
too .. Alaska Gold Mines .. ss
100 Alaska Juneau O M 1 Ta
000 . Allls-Chaliners H
400 8 Am ArtIo Chem ... . tilt
too H Am Beet SuEar I2U
100 Am tlppt SuRar pf 88
','00 H Am Iloscli Mugneto ..12834
-U09 ,. . American Can SO
100 7 American Can pf . t02H
1000 13 Am Car A Fdry 130
100 7 Am Car & 1'Mry pf . .111115
100 4 Am Cotton Oil 5J'i
mil .80 Am DruRRlst Syn .... 10S
100 Am Uxprcss ... . 8814
000 .. Am Hide & Leather . 3ifc
400 7 Am Hide & Leath pf .i:"
300 American Ice Mi
40i s American Ice pt . . . f
'J900 4.80 Am Internat Corp
ton
-Jso
ion
Cunnoll, CiisRri(T & Sotitherd
Public Accountants
333 Harrisun lluildine
IlftuUs Oprml los.l Xudili'.l
i ni I HV li p rt
Loiust C0IO Tllunfs Kmr 1138
hoth Id iIiIpIipiii Stipl ami Iippulilir
1 1 on and Mpi I mpIiIpi) ihpi 'J points
I'll. unit. us mm imI iu the same wav.
Stiiilelul.p talliuR oer 12 points.
The binuiR ninMUuent in the inilroads
nhiih was a feature in the tiailuiR es
t.i.ln i hum In a suddfii halt ami tlm-e
isnes wiie also in supply am' shnwed
mniliiate Inssps, Suiithern I'aiitii iuiir
me fiuui l(i!i''i to lllss nnd I'ui.m l'a
nil. wlneli npenid at I point higher ut
l.'l"1 1 dei Mm (I tn IU.
There n. lallles tinni these low
levels but the nitirki I Retieinlh ratiReil
siibstnntuilh b.-'nn I'lidin's tinal tiR
uies at Hip rinse
wnnirwi cops up is uuun.i in '""" i imihsh uitivitic
dim n was toiilliix "tin niusi e - f . . . .iimn
has been iirieked. SspiisoiipiI arm lcp
iesentatie seeurities liave tint, or will
not be in.tured i'o the eonhnn . when
a more orderly state of affairs he
been established these standard issues
will haw an oppoituniM to letlert
their teal nine
Despite tin- weeks iliasti.' lirpiuln
t ion, iinpiMtant b.nikiiiR inti'ipsts Htnl
tlipir lppresentatiies .nutinup to in
sist that Hip linnminl position hah not
ielap.l to tin extent that can be n
Raided a pprmltttiiR a lesumplioti of
I he point to t no
llie upnl tliptn tin
petisneh inipips.i-d upon a Rteiit ni.iin (,n no 0rf.-i iiik nf time lnnnej and at
who had been i hnsiiiR We spe.MiUtnp ,1(, nlnmPnl s pel .ent is bid fnr time
will o" the-wisp in this niek s en ,non,,, jthnut miPtinsa stipplj.
sational niaiket InkiiiR Hip uiaiket s within the last tew iln.i . s.mie loans
lowest qiintiilinus as a nasi- M ihmii
iur iiiiuli. if nnt nil of tin pliiiioiniMi.il
ir
Lawrence fc. brown & Co.
CERTIFIED PUBLIC ACCOUNTANTS
mi iik.u. r.sTATi: Tii!,vr mm.
Iiivestlnte nmt ntljust iiurtiipmhlii and
forpomlion wvriniii,
mame Tui Ketarnn.
riv n ti
Pocahontas Consolidated Collieries
Company, Incorporated
FIFTi-YlMU TUI. t'Ut C1T
(.(ILII UUMI3
Notice In tiereby clven pursuant o ths
trm of the MortEBK dated Ji.l.v 1st. 1907
that the underalsned as lrwit vrlil -e.
alv ft..nld nrDnomlR up 1i .'t'O'J n. m. oa
ttio 9th day at Deremlicr, 1910. for ttie eat
inhJiiie leioldpil in Hie pli.iMiR.ini
bull niinpineul nf Septemliei and h
tnber. was swept awa anil million fit
dnllais in "paper piotits- eMipnrated
into tli 111 aii
There ueer wa .1 Iipp that S'e
ipiite up to heiiMMi In the in.id ami
tieuied chase of MiauiiR qutitnt nui- llnj
Wall Stieet follow iiiR suietuiies ate led
in bnliini lne do. onlj to be limiiRUt
in a sad nwiikeuitiR
IJeieut uiiliPiliil wiiiiiiiii! ol the 1 id
.nil Keseive I'miiil and otlu I oiisena
tn. timimial inteiestK hriiiiisI ink
lo .mil imiestriiiiied sppiululiou In
, nnslM.MlOUsh IllL'llh llllllltl(l llllllltl Ml lln II
-pniiilitiis . ulniinaleil this week in the fusts
wcip made at s'. pet rent for simj
mid tiinet .Ills nn ii M ludilstijal ol
lateuil and th'ie wele ippoit on the
stieet that Us high as III pel tent had
hei'U paid for st .l.n imuiei Tinie
loans that nintuied diiiniR the week
wpip not iPUewed. but the InauiuR in
slilutintis insisted on paMiient beiiiR
made. I'Iip bni'io,ps nbtaimd tutids In
Hip nil I .iioni'i iiinil.pl
In In let', the iminuliat. Inline tiend
of the uiaiki" lc'si- s,ileh on iiioihm
inaiket iinilM inn- ('oiniiiltuleiits
shniild be ninde a. ..udinRh l.iteralh
the situatnui still i e mains wheie it is
. .i-e nt tliiitnbs up in 'thumbs
n the pan nf the banking in
to It of bonds as aboe dcrli'd sufficient . . . - . , -. , amiM-i
isK.A&'-wAV.-nr-'r SUPPORT IS LACKING
IN MARKET FOR CORN
II fani)rB
, -ntK NCW TORT! THI'ST COMPANY.
I Truatee. Bv B O Ct'UTtS scretry
New Tort; November 1st 1919
Annual Meetlne
Ifc TBDST COMPANY
l'liilailelnbli. Nut. 7. 11)111.
Tlie annual tneellnc of tne atnckholder of
lh nmnliouae Iruat Co will b lield at
I) the office "f the rompanv. l"-'3 Walnut
atreet. on .iionuay, -oTeraiier u i.b. i
i MlnA tinnn. fnr the election of five
.NKni' a mf far the transaction of auch
.v (fer bualnees aa may eolne before tbe
J raetllrc
S V IV ATtJIIAIAN.
erretir
tKSSr' fcST KMI TRrT COMPANY"
tiSSr PhltadelphtH November 10th. 191
The Annual Meetlns of lh Stockholders
of the Wt Knd '1 rui-t Company will be
beli at th ntn e of the Comniny Broad
t. and siouth Penn equare Moiidmr, No
veraber tlh. 9I9. at 1i o'eloek non
Secretarr
Prices Weaker on Resumption
of Selling Quotations on
Oats Lower
1L GROUP ACTIVE"
IN CURB MARKET
im
.1 Am Linseed Co "?
fi Am IOComotlYe.
Am Malt & Grain . ft
'.'son Am Ship 4 Commerce. 36(4
1100 4 Am Smelt A Ret .... 70U
100 7 Am Smelt & Tlet pf .101-
100 ft Am Smelt Seo A . . 8
too .1 Am Steel Foundries . U
'9l 10 Am Sumatra Tobacco. 0"
-100 8 Am Tel& Tel 1H
100 B Am Tobacco pf new . 100
2S0O 7 Am Woolen I'M
400 Am Wrltlns Paper pt. "'-
100 Am Zlno Lead & Sm . I8
100 4 Anaconda Copper .... c3i
800 nn Arbor ... . . la
too nn iborpf 19
41011 Assets Realization .. 74
70 Aso Pry Goods. ... 13
!0n fi Asso Drv Gds 1st pf 7Ji
ion A Associated OH l"il
IflllO 11 Atch Top & Santa Fe.. 01'4
son ' Mch Top & S F pt . . 70
?00 7 Mlantto Coast Line . t
aoo 10 Atl Cult ft V I 8 S.170
3'iJOn Baldwin Loco WlM . . .IIOK2
390 Iialtlmore & Ohio ... 40
700 4 Baltimore & Ohio pt. . l
Jlo f Barrett Co 13
Ml) Batopllas Mln'nc .. I'-i
sm Bethlehem Motors ft '2
:ino Bethlehem Steel DO
7900 s Bethlehem Steel B .. 7"i
11011 Booth Fisheries 1"
100 Bl.lyn H T ctfs of dep. UVi
10(1 Bruni Term & It n tH
soo .;,o Butto Copper ft Zlno. 104
'.'son Butto ft Sup Cop ... 23
I DO Caddo Central O ft II 3i
Oil 4 California Packing . 78
loo 1 .illfornla Packing pf l"0
din California Tetroleum 4li
l0 7 California Petrol pf 77'2
liin 111 Canadian Pac fla I48'1.
1:1111 - Central Leather . .
100 7 Central Leather pf 108
lOD'l 4 Cerro da Pasco Con . 44
iO(l 4 Certain-teed Prod Co. '"'4
IllOti s Chandler Motors ....I19',4
.710 Chesapeake &. Ohio . 00
0O ChlCABO Gt Westein . K?a
'no chl Mil & St Paul . . 45
" chl Mil ft St P pf .. fSJs
0 7 Chl ft Northwestern . f"t
300 . nn nods Isl ft Pac . . 30
400 7 Ch! R I ft Tao "'i pf. 7Bi'2
10 . Chile Copper SI
3)0 3 Chlno Copper 404
ln .1 cier Cm Chl ft St L. 47
.'00 duett Peabody 87
W .. Coci-ColaCo 414
CO Colorado ft Southern 2SU
37 iu I Ool (ir.iphonhone .... tlSJi
310 4 Columb Gas ft Elec l,t
Jin 7 Consolidated Gas .. ti'i
10311 1 "onsol dated Textile . 37
( Continental Candy . . 13'i
IU0 Con interstate Cal M. 18
I'tOll Corn Products ISet . &7
3111(1 VI Crucible Steel Co M?
-.'Sin Cuba Cane Supar ... 4H
3KI 7 Cuba Cane Sujar pf. f3?4
'10 Demer ft It G pf . . . 17 JJ
100 J L'lk Horn Coil Corp 4
100 Knierson-Brantlng . SOli
410 3. .10 Lndlcott-Johnson
?v
nUldpnila
Nebraska I'ower Company
Preferred to.k llH'flen.l
The resu a r auauerH ill l.le m uf la4 on
the Preferred Mo k cf SebraskH Power
Company han ueen .l.'olareci paMlhle Decem
lier 1. 1010. to preferred etn. kliolders of
record at Hie !oe of bUFlnt's No ember "0
10 .. I. -( IMA TIT'l It. Iieaeurer
Proposal
i.lHlN HKI.I U KM Hfc.lt FOltl.. IT
( hli'.ia.i. o I' llllnole MUreail
Wlsron-lii Inw 1 IvHiisa ltnneolK
-rlh and -.iulh Dakotn and Nebraska
Inlr inniahi and Sunduv armei Mon
1 inn nnd vuinins l'alr lonUhl and Min-dix
( lllclRii, n..l." Sellnu of 10111
mis ii'suini.l tliiniiKli 1 oninii-Mon houses j Nf "oil..
thi. nioriiins ninl tho maiki'l wasi"! tl" liio.in
....Ui 1. m il..m.itnli:itinii in foi oiirn 1 t"01 1IM'S .1
I'xilniiiKi'. easier priros f.n lnu ho,ss
nn.l fiiMiiahlo wentbi't- 111 t Ii bolt. Sup
noil was not "ooci
Simnis and International Con
tinue Upward Movement to
New High Levels
STRENGTH IN MANY ISSUES
m i.'i. Tin. tputuip
tni't 111 11 inuikot tins
1 lip lit-tii biiiiiiR in
I'. tin'i-uiii whi'li inovi'il up 6
PJIOI'OIAIS tiii.i. itr. nr. KUEII T
the office of 1 e I nmmlaloner of l.ovier
Mrrlon Tounalilo. rdmnrr. IM.. until t nil
n-rtork I. ni., Tiiediu. Noieniber lth. 1919,
for the grading nnrt ina.atainUlns of Wood
bine ae. flnnl Stale road to Mar Uater!
Ford road for a distance of about '.'400 feet
Plana and specification can bw seen at
ihe ofilce of the lown&htp Ooinmisbionere. 75
.. lnraiter ai Ardmor, Pa
Blda to b -ealed nnd addressed to Henry
Delaplalne (hairman lttchwav Committee
and indnreed F-oposal for lVoodblne ae "
The Commtaeionera reaene the right to
rtlert any or all blda
rtjoci any or Q t ANDr;ns0,
Secretary.
Siiniii
h.i'j n in w high iivoiiI. on iinusualH
lnrBi ttndiiiGr Intel tintioniil IVtrok-ilin
("luir tinil col" itiiiilttion- hum' ip-uit- loniiniiin n upwaiii movoinoiii, ato
p.l in Ik-ui 101 ohi'iiiiK' nl tlif roicni iiiuMin; .1 in'w nign ip.oril at til), witn
fioni tin- iiiuntu ninl a floor inocineiit 11 1.iit pnit of tin- hnjniR toming fiom ,
.- ovnc, id llnudlor--of the iiish nrti- IMiiliiili-liilii.i mill Wilminetoii. I
cli' ilc Inii'il that there 1 11 noti. ( nble I 'l'li- nut-.iile market prenernllj slionoil
inilis)n-.ition to bu the nititnl heie. n fm bettei tune than in ridonie
'l'lii' tiniMil- lii' "i" "- ial ln ''" -to.k i-xi-hnngr-. uiillcatiiiK the
Deeeinber npi'iieil nl .SI -l'j to stiuitli 111 ihe p.iMtion of nintij stoik
SI J!V',. iiRnuist ''l "0, in tntniip . tne in that tnilinK Ktoup. which 1
teidai. ninl iIpi-'iiipiI to I .J" .Taim f1M fioni fnther uti-i-ttlpmenl bi'Ctul'-e
ni tnltPll lit M.-t'-j to SI -4, uRaitit f ,n out 1. -lit 1011 b the banks.
SI -MTs. e-teiil.n I11M pine, and n Aineiirnn Tobni . o Securities aftei
omImI to SI ISIU Mi" ", Muoteil if , a,i,.,, )S ( f.7' .. icai'ted to ti;l'...
SI 41 , 1.1 SI LM'i m the nut-it. . uiiinbpr of other tock were in Mtp
asnin-t SI -'Ts at the l"e loiti-rilny. pIj 1ftP. ialU Kaills Swift ntPrnit
nnd .ikrpiI t SI -;'ni- , . ,riiou.il houp(l 11 hi Iter tone, i-plling at
()at lo-t Rionnii on in- . ... - , r,() Niniinj; wax stench at
1011
1 .7 10
Mill
too
101)
300
.1J0U
1 011
00
7 (Oil
.700
.790
iflll
4U0
6100
I'JOO
1700
'.'00
100
1 0 ill
17 Ml
1011
'.' llll
(00
4 011
Ol'l
I'.'M
t III
till)
11)11
1710
.'till
1(1311
30.10
'OH
11)11
131
Cndlcott-Johnson pf lC4iB
Krlo 13
Urie 1st pf S04
i;rle -id pf 18U
Fairbanks Co SO
8 Painous Plaers-L ... 7
PamoUR Plajers its. l'a
federal Mln ft Smelt II
J Federal Mln ft Sm pf 3t'
risk Rubber 45
'! Freeport Texas 4'
i Gaston Wm ft Wig . . 3T
II Ceneial Cigar Co. .. . 7JH
8 General Hlectrlc Co . 171
I 'J General Motors Corp 31S
fi Gen Motors Corp deb . td
4 Goodrich B F fSJ
7 Goodr cli B V pf . . 104",
uranby Consol M ft S fl'a
7 Cleat Northern pf . . . f7a
t Gt Northern Ore Ctf. 41 1,
Gulf Mob ft North pf 30b
Gulf States Steel .... t
4 Haskell ft Barker car. CO 14
7 Illinois Central 93',
i Inspiration Com Cop . . 67'a
Interbor Con Corp . , 4
Inter Con Corp pf .. I
Int Agrlcul Corp pf . H
1 Int liarcster .. .. 134
lnt Mer Marine t3n
Int Mer Marine pf ...10SJ4
International Nickel . 36
International Paper . 7S'4
.. Iron Products Corp . . ?'i
i Jones Bros Tea SI '
l.OIT
344
7314
24
14
I3'a
"
fi
8S
l'i4
ft
104?
J 3 5 ! i
llW
8?,
1014
tSli
34
I5
45
R4
IIS
7
fa's
it
t
70
101
SI!
41?.
S8W
ttVt
too
HI
IS",
1.7
10
10
6'
SI ".
74'4
m
i
7SW
04 J,
16S4
107U
40
ill
l-'OU
I "2
so;
9.7
C6
l!a
li'2
012
10U
'0,
?9sa
78
I'.'O
77(4
l8
0'8
108
f84
i-Vi
117
5S
14
44
CS'i
fl'ih
V'i
7614
I
4014
7
41H
iS
64.,
B'i
!4t2
354
13).
18
8614
im
43s,
1314
171-4
?4
30 Is
130
I til (a
154
tBI
I su
c
9K
I
II
31
434
41 'J
13
74.
171
sor
ed 8'i'i
104?,
61 !
H14
41
314
(,7
60',
C.I
47
"i
1h",
5
1354
'."4
IO414
Ui ,
7't
4'.'14
31T,
Today', Net
Clo Chre.
34,- !,
VV, 'A
SM- U
1
43i- H
MH Hi
- ',
88
1S8W- IU
55 - i
10'M I- i
138 - M
115 14 .
534- H
I0!4- V
88J.i 0!a
DlVr
tn J
34
12
45
tl
VA
1
Hi
Vi
?4
1
14
14
ta, '
',
14
Vi
14
I,
u
A I
115 -72
-7i-
-
35 -
70 -
101
88
43!,
8814- 014
too?; r-
100
137
H4 14
184
T5U- 14
10 IJ5
30 4 5
7 ,
"Hi - Hi
74 ii- ,
131 3
01
783- V
S 14
io8-; i,
108M- 314
40 - U
51 1
13014- t'A
Vi
31 - 114
05 - 3
87 - U4
I5H ',
1414- ii
14
1014-
31 -
?
78
I'.'O
4
:vz
14814
08 , -
IC8 l
f9",
5.714 u
117',-
59"i-
i
45 -5',
-f3
1
30 -7'4
VI
40",
47 -7
I
41 ?.
314 f
j5? -
M14 I
S54- I
ltlS
18 -
S7 r
i30J4-
44 -I
(34
1715 -!4
SOI,
130 -1041',
4
16 t
86
on - !
Hi- H
11
31 - V
44 I',
43 I
'.3 - 1
74,- H
171 - 1
ail3 - 15
to
S314- 1
104K ?i
61 li r 14
ijij- ni
41 -
3614 f 1(4
l -. 1
no 1,- s
3
671', 1',
14
18 J- 14
5 1,
13551 -,
'3i- i
10414- '4
35 li H
73H H
43J4 34
31. 3J4
Salea
300 Kan City Southern ... 30
i 500 4 Kelly-Sprlngfleld Tire. 145
1 509 .. Kelsey Wheel .... 90
700 a Kennecott Copper .... 3114
1709 1.29 Keystone Tire A nub. 5",
3109 6 Lackawanna Steel ... 8814
1(9 Laclede Gan of St Ii . 45
108 .. Lee Itubber ft Tlra . . . 34',
499 .. Lee Rubber rts ?i
1109 3.59 LehlKh Valley 46 !4
409 13 Lorlllard P Tobacco .198
1609 7 Louisville ft NnBnvllle.ll.4Ti
109 7 Manhattan Kiev euar. 54
309 1.75 Manhattan Shirt 34
109 6 Marlln Rockwell ... 7014
790 .. Maxwell Motor 43."i
109 Max Motors ctfs. .43
10509 19 Mexican Petroleum ..20Ii
7 Minn St P ft S St M.. 86
3 Miami Copper 36
High Lou
143
85
31
5311
199
1109
1899 1.30 Middle States Corp ... 6314
5309 4 Mldvale Steel ft Ord . 53
199 Minn ft St L new .... 18
990 Missouri Kan ft Tex . 13
3100 Missouri Paolflo 3914
399 Missouri Pacific pf . . . 4H
199 3 Montana Power 63
509 3 Mulllns Body 404
909 Nat Aniline ft Chem . 73
100 7 Nat Aniline ft Ch pf . 8914
300 3 National Aamo Co.... 36?i
300 7 National Cloak pf . . 104K
300 6 Nat Enam ft Stamp . . 78
900 5 National Lead Co .... c4ii
309 1.59 Neiada Con Copper . 17
899
2809
199
3799
190
209
4000
709
4570
1900
390
309
3100
190
10 New York Air Brake. Ill
75
194
344
14
.10314
. 8714
5 New York Central
1 New York Ont & W. . .
New York N H A II.
Norf ft South n n .
7 Vorfolk ft Western
7 Northern Pacific . .
4 Noa Scotia S ft C . . 71
4'Ohlo Cities Gas 51i
50 Oklahoma Pro ft Ref. 9
Ontario Silver Mlnlnc. 1014
5 Otis Elevator Co 143
Otis Steel Co 39
3 Owens Bottllne Mach. 6 J 14
190 3.50 Paclflo Development 1 76
6400 6 Pan-Amer Petrol ft T.113J-4
Pan Anier Pet rts l'a
3 Pennsylvania R II .. 43M
a Peoples Gas Chicago . 41)4
Penn Seaboard Steel
Pere Marquetto
Pere Marquette pf . .
5 Pere Marq prior pf .
Plerce-Arrow Motor
8 Pierce Arrow Mot pf.108
Pierce Oil Corp 1914
8 Pierce Oil Corp pf ...16314
5 PIttsburBh Coal of Pa. T3
4 Pitt C C ft St Ij R R. 7014
Plttsburch ft W Va .. f3
6 Pitts ft W Va pf
1 Pond Creek Coal . .
8 Pressed Steel Car . .
t Pullman Co
a Punta Aletrre Sugar
Ray Consol Cop
3410
2009
300
50ft
2500
too
;too
7800
200
800
100
299
(10(1
900
too
8110
3800
500
1109
600
304
400(1
100
100
10800
300
3714
2014
49
6414
7114
78
25
.104
124
. 81
. 2'li
8 Railway Steel Spring;. 08,
4 Reading
3 Reading 2d pf .
Remington Typewrit
0 Repub Iron ft Steel .
4 RepJb Motor Truck .
8000 8.70 Royal Dutch N Y
83 '4
39
89
.1114
. 594
101 U
. 14
i
ll
l I
2'4 I
li I
1
Mm
tin
foreign i-M-hnngn iiunket heavier
IP
(leneial Asphnlt ranged fioni
.. .... 1 1 . . 1 n
offering fiopi the 'Oiinir. . p.o.i w... . -. 1;,S ,0 ,..- ,,Vvus compan. iirIus
for the iiioeinent anil in -jnipuuij "'" 1 s, t 71 ,l 70 anil the new -toek
PROPOSALS FOR THREAD
Ofilce of Quartermaster General ot
the rltoi 111 r.irn
I.o.'iil liroUeis were
.1 .l! ....1.
nn rue -eumit ti"--. .... ,1 1 at
... .1... Al.n.M.l 1.1.1.. l I. 1 1 Ul
llVlif-- II 0111 me -..-.iu....... ''-.'
ul (Ki tn tl'J Stibinaiino limit olil
n
loidi jiifs S3.' tiOfi shares, compared with t ,144 O00 shares jesterday
tw . uiu aij fnarer.
00 1 St Joseph Lead
SOO st L San Fran 19",
9(10 St Louis Southwrn 151,
300 St. Louis Southw pr . 29'4
100 Savage Arms Corp .. 82 '4
200 Saxon Motor 17!a
10(1 Seaboard Air Line .. . 9'a
400 Seaboard Air Line pf. 181,
500 I Shuttuck .Ariz Cop ... 13ra
27100 Sinclair Consol Oil .. f34
410 11 Sloss Sheff S ft I ... 7014
21400 6 Southern Paclflo 1094
108 20 South P R Sugar . .' .235
1500 Southern Railway ..., 26S
10ft 5 Southern Rv pf t3!4
1209 4 Stromberg Carb 77'4
13700 4 Studebaker Corp 1171s
400 s Superior Steel Corp . . 44
300 Tenn Cop ft Chem .. 12
16") in Texas Co 305
2310 . Texas ft Pacific 6914
80) it Tobacco Products .... 88?n
80011 Transcontinental OH . 57?i
4)1) Transue ft Wms Steel. (3,
23 10 . . Union Oil 40
iJi 4 United Alloy Steel ... 51
6810 10 Union Paclflo 127 H
300 4 Union Paclfla pf 67 H
670 7 United Drug Co .....144
Oil 10 T'nlted Fruit Co 103U
too Un Ry Invest pf . . . 20
fiJJH United Retail Stores . 94 "
1300 2 U S Food Prod Corp. 79,
2700 16 U S Ind Alcohol 113
1370 . U S Ind Alcohol rts.. 42i
109 U S Realty & Imp .. 4314
7509 8 U H Rubber 123
199 8 U S Rubber 1st pf ..114
1009 II U S Smelting R ft M'. 75 J 4
32500 6 U S Steel IC5T,
199 6 Utah Copper 7914
199 Utan Seo IH4
300 4 Va-catolina. Chem ... 7414
199 n Va Iron Coal ft Coke. 79
39 Wabash 10U
500 Wabash pf A 30
570 Western Maryland .. 13
399 4 Western Pacific pf ., 5414
100 7 Western Union Tel . 8G
I70H 4 Westinghouse I ft M 55 U
1109 4 White Motor 67 '4.
3900 Wheeling ft L Erie . 16
200 . Wheel ft L Erie pf . .. 23,
390 5 Wilson ft Co 82
6709 1 Willys-Overland 32
1909 Worthtngton Pump . . 8614
1009 . Wells Fargo Exp ... DSt,
86
45 .
31!4V
45?i
19914
113
94
34
7914
4314
41
201
86
2S14
61
61 H
18
12 i
3914
48,
03
54
7914
8814
36 H
1039,
7714
e3
164
11914
514
193;
34
14
1.034
l-Oii
Ti
tl
or.
140
37
0514
76
11014
1
'3
41
."894
Y5H
49
641,
(914
10O
1014
10314
n
79
32
78
-5
101
123
81
21',
981,
89",
38
89
100
59
IS'j
14
19
I5'2
281,
82 14
17',
,
181,
I24
'214
70
108,
325
16
(314
7JH
115
44
113
304
4814
87',
5014
C214
39S,
50.
125
07 H
14214
19314
28
93
78 li
111',
41
43 14
1211
114
74ii
I04S
79
IH4
74
70
1014
30
13
5414
86
54,
li'2
15
237.
82
311,
8314
53',
Today'. Net
Last Chce.
18J4 H
143 -
85 -
il
31i-88",-45
-
S414-
l'
5
2
H4
14
"4
4 14
193 3',
1144 3?4
94 - 1
31 -4 3
7914 3'4
434 14
43 214
29514 '4
86
20 -I
02
5214
18 r
13
3014
48?, 62 -4
46,-
884
36?, 4
104H
-17
-
12014 -74
-19
3414 -14
102 H -1-714
69 Ji
ll 14-014-10
14U4
as -
6514 IH
76
11214-
1 14 -4814
41 -35H-254-49
-t,414
J-79U-100
-
1914
i
li
U
14
ai
114
H
ELECTRIC STORAGE MET
LIBERAL PROFIT TAKING
" n
Trading in General List Limited and Price Changes Unim
portant Interesting Rapid Transit Circular
1C3I4 H4
I
214
I
1
Price movements in Ihe loenl mar
ket wire incgulnr, with nbout 1111 equal
tlltldlon of declines nnd advance". The
trading was uncommonly nrtlvc for the
half-holiday, but uctlvitv was ronfined
to 11 limited number of htocks. The
heavier (lrallngs were reglitcrcil in
I'leclrlo Stornge llattery nnd Lake Su
perior Corporntion.
Profit-taking 6n liberal Fcale ta In
evidence in both ismcH. Electric Stor
age llattery, after starting fill cents
higher at 141, yielded to 138. Lake
Htiprtior Corporation held iti ground
better, only Sustaining n fractional load
at 21. Moderate selling rarilcd
United (ins Improvement back to M.
These hotter spots ot the market were
in part counterbalanced by strength In
other parts of the list. American
Stores wns notable in this connection,
(.coring nn advance of $1.(50, to 41 ".4.
The reassuring statement sent to the
Ameiican Gan shareholders had a stim
ulating .effect upon that stock, which
advanced S4, to iV). The statement
won given under the president of the
companj h signature nnd called atten
tion to encouraciug imnrovement in
earnings despite the handicaps being
encountered by nil the public utility
corporations throughout the country,
nnmelj, cer-increabing cost of oper
ation.
yliin Electric was supported at par.
tonld Transit hi Id nt i!7 whlln Union
Trnclion wns t'Oc higher nt IIS.
tup cnriy trailing in the local stock"
w'as limited nnd generally unproductive,
of material alteration in prices Irom
last nlght'.s closing level. The unset
tled chninctcr of the opening New Yofk
market contributed tn restrain activity
and narrow the trading.
Just nt the moment when the pros
nnd cons of the local transit situation
nie nbsorbing the attention of the pub
lic by reason of controversy between the
city's rapid transit director nnd the
company's officials the circular letter
prepared by the new business committee
of the Philadelphia Stock Exchange cov
ering the conditions of the Philadelphia
Ilnpid Transit Co. is timely interesting.
The circular has been prepared in the
same frank and comprehensive manner
ns the previous publications. While it
contains nothing essentially new, yet it
gives an illuminating review of earnings
nnd operations of the property lindor
the Stotcsbury-Mitten management. It
also furnishes a list of nil underlying
guaranteed stocks, showing their par
aluc. but not the ntnount paid in. the,
amount outstanding, how much of the
stock is owned by the companies nnd
I",
1
I
Hi
(2
7014
33 '
78 -25
-
101 14 -
134
81?i
'-2 14
89 -t-
11014
1094-4 314
14
19 - i
ISJi r- n
2914 '4
t-2'4- 14
I7i- '4
9,, '4
1814 U
124
.13 - li
7914- Hi
108J4- H
225
26 , 14
r3'4 'I
77 - 34
11714- 14
44 - 1
114- 14
r.05
48J4-87',-57
-
314
40 -30J4-
12614
67", 14
144
19314- H4
29 14
0314- ?i
7! - li
111H- 3
41 - 314
4.114 H4
12214- i
114
74 li- H
105 - H
7914- 14
1114 !4
74 - I
70 .
1914- '.
39 - ?
13
514- i
88 - 14
5(4 14
17J4- li
16
23?, i
83 ,
3154- ".
8314- 3K,
5314- -1
what is in the hands of the nubile.
Every shareholder should obtain n copy
en na In 1.A tn nnalttnn tn fnllnw tl.a
OtllCr ClmilgeS in the loenl RlockR I mnrtlo nf ranlimir l.oln.on Ihn tt
comprised smull fractions, Philndcl-1 and company's officials intelligently.
Swyorkjankstatement FURTHER RECESSIONS
Heavy Reduction In Loans, -but Ex- FAVflRFn IN PflTTON
cess Reserve Also Cut $49,182,200 l rIVUIAUU MM VjU I I UlH
The necessity for the drastic meas
ures applied to the correction of the
inflated bank credits was clearly dem
onstrated in today's New York bank
statement. Despite the contraction in
loans of .$03,817,000. the excess re
sorve showed the alarming reduction of
540,182,200. reducing the actual sur
plus abnp legal requirements to $47,
110.030. Tup "rrsen e in the redcral
Ilcsenc Hank showed a reduction of
$.0,:iU:i,000, while the cash in Own.
vaults fall off $'.',178,000. Evidently then.
loun liquidation is far from com
pletion.
Details lotion
U-4
l4
AVKHAUK
15 508.180, IHM
Loans
'et demand de
posits . .. t4 21S,041.OOO
Net time depualts U'S.RL'l.OOn
circulation
Caah tu auitf
Reneno in Ted
a r a 1 Hesene
banks
Ke?ere in ntate
banka and trust
companlea . .
ltesere tn stat.
bank and trut
co. depositories
AKBTea-ate reser
Heeene required
Gx.esa
as.ONi.ooo
1O.MJS.O00
30 545.000
11 430 oun
11,318 000
Gn2,(10',000
560,1)87.680
-rj.uuo.iiott
IJecrease
87 lta.lMIU
1T.001.000
1.72.7 ono
77.000
0.000 000
! 645,000
Selling by Wall Street and South
Resumed and Market Suf
fers Losses
11.000
236.0(10
:. 840,000
.- 462,270
377.7.0
tl'nlle.1 Mates deposits deduUd S173.
804 000
Increase
de
I-rfans
Vet (letnuud
posits t4
Net time deposits
Circulation
Cash In aults
nesre in Ked
e r a 1 Reser
banks . .
Resene tn stale
banks and trust
companies
Reserve In state
banks and trust
to depositories
AssreRTte reserve
Uosere requira
Uxcess
a.CTt'AI.
t3.:au.VT.90l)
;n?.o;n nno
2TS.8KJ noo
.16,881,0011
08 230 nOO
sr. si-,000
io,nt7.oof
467 onn
50. 000
J KS.006
583.194,00(1 .-.0,383.000
10 RSG.onn
1 'J. 143.0111)
606 103 oon
SIS0 71.000
4. UU.i'Vl
trnited States deposits deducted
7?n 000
Increase
ot'Tsmn nojK stxtejibnt
H 1.V1 U XJn.MD
.TiO.ono
bo r.16 000
t SI.NHO
4n.iss.aoo
114!!.-
b a n k
Loans
Mold
Cunenc
notes . ,
Deposits, federal
Resene Hank of
New York
Deposits
Reserve on deposit
Percentage ot re
atr
1694, M" (100
n;H,m"
30.519 000
75,010 5lin
SS1.Hll,70l
f.-?,8S0,10ll
Decrease
JJ7. 137.4UI)
301.100
1,578.500
Tin. jno
1 iiiiLiiiiii
150 500
COTTON" RKI.T WEATHER CONDITION!!
New York. NoV 1.7 The. following; tem
peratures -sere recorded In the cotton pelt
this mornlnp. Nashvttle, 28: Macon nnd
Knoxvllie, 30, Oklahoma City, Fort Bmltli.
Little Rock and Augusta. .14; Wllmlnarton
and Shreveport, 36, Memphis. Vtcksbiirjr
and Montgomery, .78: Thomaavllie. 40,
and Atlanta, 4J, Charleston and Savan
nah, 44, San Antonio and Jacksonville
46. New Orleans and Pensacola.. 48, Gal
veston, SO, and Corpus Chrlstl, 54 Heavy
frost was reported at Montg-omery.
Thomnsvillle, Charleston and Pavannah
and kltttna- frost at Macon, Augusta nd
Wilmington
New Yotli. Nor. Ifi. Selling ot cot
ton br AVnll street anil the South wai
tesumed on an enormous Bcnle today
and the market "suffered further ihnrp
losses nfler a period of steadiness.
Eeurs nbout the money situation re
mained uppermost in the minds of oper
ntors, and hentiment nround the loom
appeared to be in fnvor of further ic
cessions.
Humors about the cuitailment of cot
ton credits on thp part of the Federal
Reserve board broucht forth the stnte
mi-nt 'from officials of the board that
110 positive action had been taken or
directed by the members looking to a
chnnse in the rediscountiufr pf, loans on
HIP hllipii'.
They added that nn increase in ic
discount intes on cotton loans would
not more than proportionate thp cen
oral inii3 permitted by the board in
discount iharRPS generallj.
Little attention vns paid to the
weather, which, wns clear and fiosty
all orer the belt.
The closi- was weal, at a net loss of
12i1t0 points.
Yesterday's
close Opn High Ikiw Last
Dec an tut an no an ns 311 5.1 .nt a-isiar
jn s.i no as an 31 .10 m 7." si 7niffaii
March .14 or. ad. so 33 s as 00 an norai".
Slav 33 07 .15 6rt 35 1)0 35 IU .15 01 iffi 12
Jull . 31 00 3J 53 81.710 31 3003
Thus far this vteek 10,525,000 shares. Same period last
50 0
TRL'bT I OMPAN1BS
Loans . J.-.18S, 000,500
GM 11:675.000
Curreiu.v bank
notes . . 2J.8S1.00U
Deposits. Federal
MB.'JIi'-.tlOII
31J.500
611 500
556,176,60.1
L'.-JllO 677.300
306 005,800
4 776.00n
4S 652,800
16 037,300
Reservo Rank of
sow York
Deposits
P.f servo on deposit
Percentage or re- .
serve ... 1 ' " ''
STATE WANICS AN J) TBI' ST WIPANI I ,S
NOT 11KI ur.l lvu iu u.rt..... .w..
010.800
184.0011
1 407.200 ! 1 10.400
NEW YORK CURB (Continued) EXCHANGE HITS NEW LOWS
United Oil
Unlf OH
(tineijii auiioin iiim iu cpu irom
r nc Ai.a-j r-.-'-";?-r;r -V1"7.7 ,!.... t .. .nnmiu lilT lll 1 (His MHII U'Ull ..,., ... ,. , .. ,, ,. .. .; 4. ... .., , w
Th..s?TrZZ- ind S, ",,,,, ,l and that II... ,.t...n of for- ' fi- ' ''' ' . W, ',,' ,1 mlS "
v?ilt8rSelved'l,.e untl. 2 00 P M , , ,.xlh.,nK,- nj. nn,M . vpoir bu- , '' "J -, , - u ffiiKnn"
f Xoember 20 1919 .for furnishing all nP,s IU , ,(.i-ul nt inesent - ,, .. ..... ,, ,, .., ,. ,- j, L ierome
or any part of 144B pounds of Olive t,,rlU, v.-ie T iu- ''' l '" "'' .V. if-ix lA I i 'n Arirona .
Drab Cotton Thread Information o ,, 11(Mlfl .,,. fv at 72''," IMiLhTKIM.-. ni.tv.Uonaj .
application , and declin-.l to71,c Mb, -aiw quoted, Hid x;l. .sate. g'WJjW .,"0"rnc;
C - : ..T ..-... .STr. .. --. . Tin., ni (ip ntilspt. nERinst Ama hxploalvri, " HI Uoldtiel.l IC-Sanaa
a t-nnimuAi.H n k i h ilv iii.i.ii.u. n .... ." .- i- " . . ' im in vift. ;i .1
ipstpi.av aki prut-, mm nun
I H'.'C
t
37'
MIMMl STOCKS
1'
17
4
nm.... nl Onnrtermaster C'n. ral of the TT.1
Army (Clothinc t Kijulpaa Dhislon). Munl-I , .'
tlina Butldlns llaihlneton PC hi ad "' "
proposa s In dupiuate win ne re. eiya
C... ..n..t ll.on n. m.. Nf.teniber 50. 101D.
for rurnisnine ai. or anv rn ,.. . in.m ji,(
Jan
'vards cotlon sheeting Ullhlaehcd t'roinjsa'
i blinks and information a. n un rjuesl.
dKNKRl -t -KKlNThMli:T
l,RflK ill'IMHM" (tlSsritflTIIIN COM.
PANV IIS (It'tMM. IV ITS OIK.AM -
tiov i"m man or imimi.i'.M-riiiKM 1;
in itK-KroKrhii (iiMtthTt; ami in-
IlL-STiriAI. ri.NT rOVMItl CTION.
Ml
0 its
llr
la
Pork
ton la
1 ard '
Nov
len
Illbs
Inn
linen
1 51'.
I 5la
1 Jl
7JI.
71'.
Illzl.
1 51t'
I J44I
I Jl'
75'.
7.".
Iiw
1 J7"j
"1
1 J3
71
Tiit
5ii n.i
54 07
th 'Jii
tH in
51" or.
54 111
R jr.
18 10
5r. 5
SS 00
i. in
17 or.
I l.tyw
1 57
1 53
I 5S1.
71
7IS
33 75
33 III
55 Sf.
53 tin
1 S J.".
IK or,
LIVESTOCK QUOTATIONS
Amer .Marconi
Amer Writlnif Paper
Air Reduction . .
Allied Parkers
T Sec
Canadian Car Ln
Can I'lir . Tdv pref
Carbon Mteel
Carwen Tool
Chalmera Motora . .
Chevrolet Motors
Cramp
Curttm Aeroplane .
fleneral Asphalt
Ceneral JPtora
llmerson rhonirupl
llnll hlgnal . .
tntl Pmducts
lull Puhbei
Lake Torpedo Iloat .
h ch Coal Sales . .
t.lbbj MiN i i.ipdv
6'. li'.
13 II
r.j r.t
no 4 j
.ii ir,
is '.
no 'w
15.1 130
1 7
7 S
toil 500
ISO 510
14 17
1.1". 1.16
.17 !!-
I BUILDERS'
1 MILLWORK
i Doors, Sash, Mouldings,
gi Columns, Ltc
Ithe HANEY-WHITE CO.
& Plant j"
j 17th and Glenwood Ave. .-' I
If Offxcr IVafhout- :j'j
21t and Glenwood Ave. j-j !
P Lists Froin Nana and
: Evlimutea Given '&
Reflned Sugars Unchanged
New York, Xov. 15.-The refined
tiurar market h unclinmted with local
YetW iiuotius on the lutaN of IK" less
i per cent for tut.Ii for turn srunuliitcil.
u.iau nf riiu-. in the L'nltcd States
C httear eiiunlluftion boHrirV .liice NoTi-m-i
- b?r 7. asmnat' Si'-MMX baBs Ciibas
". for NmriiiDer loauius at jvic uu t
hu,l Stead- 'o 150 tower rop. .1)4 .. .
.' buk 14 1liH0 heav J14 I0ft14 511
S m.l,jni 14 in14.V. 1 Bit" T-14 10 14 MS
I liahi lmhi !' ''" '4 "" l"a:; lwckitiB
I" la" "it..ii nil0'.H4 paeklna sows
'A rrunb 13 J1I19 50 Pie-" IW'J.OTH o n.inll Cundv .
:i ,irt.B-Kecelpn .10.MI head Compared 'v",ld X V
h rf veeu ago i.-ei -.-'- ....... j
nmni a" ."L.
t I n, i I .nro
S" V bhlpbulldlnB ,
North Am PPei ' "hi
I'eerlesa .vioior
Prpfectlnn 7." ft-
I'hlllp Morris
"oole Knir
It
aavolil Ohio
,',Ver bXI. nui K7h.Sh taui,.? ;spir;-.,
i
l,.M..r wes.ern J.V lo flur iiiaiir.
.,.- ..... . it, nn .... ,1
Mil, bl 1-n.t .'.- .. ----- " .
.. I.h a weel aro l- -VI IHmn- U.K .luai.rr
htslur sheep .trunu
-ted
I Kut IllllTnl.i. N. .. V 15 CATTLt;
lerelm"."5-he;d. Steady I alve. re-
..elnt" 5011 lien.l )l . f'";",,. ,t,
1IDU.' ttecelpla 3500 Jiead Active Ji
loi.r H-a.s -nlxe.l and vorlters 111 w
leVl l" 10. lioht vi.rkera and plvs $1R
1 I-. 5. roualis X1J ...It'l.i K.H 7u J.
1 hlll.KI' ANI I.A.MH.5 teeelpts
l,,l All ve I.amns. . lower
Cumpared , l ' A',"."'.1, "
c fiuarter
JSe hieher feeders
ila
6
50
in
-'
ft
an
t5
5.1
t'4
45
V
30
f-'a
HO
Tll'j
. S
r,
17
57
100
I(I4VI others unchani-ed
noon
Lamlirt.
er,dd Shipbuilding ..
Triangle rilm
I'nlteil MotnrB
'p le.l I'rofl Sharlna
" h Hteini.liln
Vanadtl'"' Meel
"'vtd f'lnt
'V-lllit-MH'tl" Air
STAMIMlll 011.1
1S5
30
51,
1
Illtnol.
Ohio
flll.li.irnli. Nov 1.1 MOOS Receipts
"1110 head A.tlve uild hlsher Heavies
114 P.liftl4 71 hes-v oikers llihl -orker.
and nine U7r.11
blll.r.1 Al hrtlinc lirrrijiiB ..,.. i.b.i
Htea.lv Top sheep $10 55 top lambs,
CAI.VKS Rereipts 50 head Pleads
Top 119
houth Omaha. Nov 15 HOOS Hecelnla
1000 head Market steadv 10r I we. 'lop
OATTI.B Receipt. Hal bead Compared
with week beo Reef altera 55o higher bulou
ir. and heavy ralve. 'J5e50o htuher llahl
veals and'bulls steady stockera and. feeders
SHEEr rtVcelpt". 1500 head Lamb. 25e
hluh.r yearllptw and 1BWS5c nlther
Prairie 7'lpo
H i) i.ai
8 O N J
V i
57K
300
75(1
i'
3
35
IK)
5
4'.
I!.
7.
in
50
1VI,
9.1
511
50
77
:i
s
17 V,
r.n
M a
505
5,
r.n
IKS
375
55
301
Uoldllel'l -Merser
.Jr. en .Monater
1 lei u Mlnlne -
Howe oun.l ....
Independence Lead ...
Jerome Veide .
Jim llutl-r
Jumbo Extension . ...
StcKlnlej Darrawh
Meaina Copper
Mother I.ode
Mines Co of America . . ,
National Tin
.Stpissing . . .
Rdv Hercules . .. ..
San Toy
Tonopah Kxten.ton ... .
United Verde
West I'nd Con
White Caps .
IIONDS
nu.sl.in Oovt 5U s
Russian Govt BH a
i;
IK
50
r.
1
4S 4'a
4l 4
5 5
. , .
51 B
K II)
.75 .'O
40 41
5f Wl
s
7'. 7V.
1.!"J u,l
41A 4?"
li'' lh
11'.
U'
38
10
Local Bid and Ashed
Philadelphia Stocks
Today
Bid Ask
Amer Milp I Com 33'. 30
Amwican Mores 41'. 45
Baldwin ,10S',, 111)
IVill JO .05 5M
Uuffalo : Sus. . 8H 70
HuKalo A Hus pf . 40 51
Cramp t c . . . 500 510
Eltctrh Storatte ..1H7'.. 133
General Aephalt .134 137
General A.phalt pf 500 510
Kavstone Tel . 11 15'
Kev stone Tel Dref 45 4rt
Lake Sup Corp 21 .
Lehigh Nav 64 1,
Ihlh Valtes 4
Ih Val Tr pf 50
Penna . 43.
Phlla Ilteclrio 54'.
Ihllo Co 2
Phlla Co 5 p e pf 55
Phlla "o ii p o pi . o
Phlla It T tc. . 2.
Yesterday
Old Ask
3.'.' j 30
40 41
111'. 115',
5(1 .IS
H 70
41) 51
500 510
1411'. 141
1.14 140
501) 510
II
IMIKI'I
Boston WvnmliiK Oil
Cosden 4 Co
Ce rib
Elk Ilasln
Int-r Petrot
lriatid Oil f T
Hou.ton OH
Merrltt Oil
Met Petrol
Ohio l'uel .
Omar Oil i Oa.
Sapulpa. IleHntns
Heiuoyah
Soulhwe.t OH . , ,
Minima l'etrole.un
Texas Co (n.w) -
145 II"
MIB.NT 1III.S
IVj
v'7
H.I
10l4
41
A
r.m
.
131
5'1
.IJ
ll'V
$
45
60
'.
10'.
in
"2
7
140
51
:
3K
12
:-.
45V,
Readlnn . Si
Ton nelmont .. a
Ton Mlnlne . . 2'.
Union Trao . 87
U 0 1 . .54'.
U H Bteel 104t,
York Itim
York Itwy pt . 30
4:
51.
64 V,
40 '4
50
43
24 7.
35
55
32
57
81 'i
3
2'.
37
541.
46
51 .
115
46'.
26
43.
25 V.
31
2S
33
27 H
81 V.
nv.
3
374
ftiU.
11.3V, 105. 106
46.
4314
25',
31
2S
31
57".
S2'.
3A
3
37V4
D1V.
Sterling, French and Marks Sell Off
in Demoralized Market
New York, Xov. IB. The foreign
enhance market wan demoral!?cd at
(he opening with the exception of Ital
mn ej'hange, which showed strength.
Mre cables were 11.03 nnd checks
11.05. French exchange was at a low
record, being quoted at fl.5.r for cablew.
and OXi" for checks. Sterling opened
t 4.10'j for demand and 4.11U for
cables, which is also a new low record.
Other quotations were:
Swiss cables 5.52. checks 5.54;
.guilder tables 37, cheeks 37?i i pe
setas, cables lH.riS. chccks iimh;
Stockholm cables 23.25, checks 23.10;
Christiania cables 22.50, checks 22.35;
Copenhagen cables 21.15, checks 21:
Keleian cables 8.08. checks 8.70:
marks 2.50. which is " points under
the forecasted rates and a new low
record.
About noon, the market was lower.
Demand sterling reached n new low rec-'
ord at 4.10U and cables nt 4.11. Francs
continued heavy at 0.53 for cables and
0.55 for checks.
Lire, which had been relatively firmer
than the rest of the market, reacted to
12 for cables and 12.02 for checks.
Marks were slightly better at 2.53.
Reserve BanH' Discount Rates
nfl.nlnl illM-niint. rates at the twelve
reiieral itcserve DanKS were us iuiiuwb;
(The first column gives rates for all
periods up to and including a fifteen
nay maturity, the second for n period of
sixteen to ninety days. The third und
fourth columns give the rates for re
discounts of collateral loans secured by
government bonds or notes.)
Com'lpPer Oov't paper
ID IU U . vu
aa
iai
;o
HIch. Low
1030 Am Strs. 42 40
55 Am Gas. 50 50
100 fButte &.
Superior 21 "g
10 Hrill J G 5
100 1 Chi It I 30
1500 HI 8tor..Ma'3 138
100 tErie ... 1(5 1(1
100 IT & U T
ptef ... I)
1145 I.k S Cor 22
27 Leh Xav. 049..
70 Lch Val. 40"-4
i-J .or uent. una,
Net
Cloae chKe
42 2
50 1
219s-2"s
57 2
P.Sfd S 4U1 600
Currencs b . 11 1.
notes
Deposits, fed rat
neuerve Bank ot
New York.
Total deposits
V.I rlenosltn
Fcserve on deposit
Percentage ot re
serve . .
BUTTER, EGGS AND CHEESE
New York. Nov 15 llUTTOn-Steady
ltecoiDis. ovwa iuuc f.-': "
. - 1 y. Aula Mil nrniN
c: eir.ti .vi . .'- . ;'
30
138
It!
0
- H
3
Vs
r-ii-
o-7i
"x
3
230 Pa It It. 43
57 l'hila Co 33
4(51 Phil i:iec 25
75 P It T t c 27
00 Ph Tract 03
20 tneading 82
13 Un Tract 38
503 U OI. 54
I)
21 i
041,
4Il,S 4Gi,a
70?x 70?i
'. - 7 . .. - r :
;i-)8-r- .
33 n
25 . .
7.1.7J7 10fl
170,116 600
hl4,58O)0ll
114,437.800
20.3
1.254,000
17,3311 flOl)
.1,408 300
7.900,500
.8
Tl"
6070c
0VHai70o.,
43Vh
33
24T.8
02 '3
82
87a
M
03
82
38
3H
ya
I'm
I Net
J.ow Clo. chge
83 83 . .
(U 01 - 1
ti
31
30
GOVERNMENT BONDS
Panama coupon 5s. 1836 .
Panama reicl.tered 2a 1B8
Panama counen 5a, mo"-.;
Panamaretlstered ft 1H1.
Panama'couivvn Ss, lOnl j
Panama rexlstered 3. 1B81.
Tthlllnnlne 4s. 1934. f
Philippine 4s. 1035.
Philippine 4a, 130
V 8 Qov coupt
1SS0..
Hid
. nvi
ool.
MVi
nw
lH
RS
R'J
, RJ
95
.100
ni
AI
96
B6
06
Boston
New Tork
l-niladelpma,
Rtchmond
Clov eland
Atlanta. . . .
Chlcaso
St Louts
Minneapolis .
Kansas Ctir
Dallas
Ban rranciieo
IB days
. 4
4'i
.. 4
.i
, 4'i
days
4
4'
4
4 OS
5
4;5
5
15 days
4'.
4
4
4'.
4
4
4v;
4
4'.
sVl
4'i
Prices on Paris Bourse Stronger
Paris, Nov. 15, Prices were stronger
on the Uourfce today. Three per cent
rentes were quoted M 00.45; exchange
on' London, 30,1; 5 per cent Joan,
88.07. The dollar was Quoted t 0.4.2.
o-i ,',
: .::. .iy -..... - . . ...
170 tu o sti.iusys iv)-'s lvw'ti "s
tNet chanve mada bv comparison with last
sale on New Tork Stock Exchange
Total sales (129B shares, compared with
15,8')7 shares yesterday, this week, 80,408
shares, last week, 65,652 shares.
Sales In BONUS
linuo Itich
'-. Am Gas i.
Elec 5s... 83
3 nice & Peo
Tr 4s .... 04
1 1-10 Lib Bonds ..
4th 4Us. 03.10 U'.i.iU IK.iU -.n
2 Pa & Md
Bteel 0s..l00 100 100 ..
2 Phlla i:iec
1st Ch ... 02?i 0294 02?4- 3i
Total sales. 18000, compared with 151 500
jesterday, this week. 1425 700, last week.
1185,650,
, BANK CLEARINGS
Bank clearings today compared with cor-t
reaponain ua.a.v ... j-r..
Phtta. ..788,407,365 $97,487,745 70,740,480
NY ..1.O20.358.66O ...; . ,
Chlcaso 103,318,508 01,589,851
MONEY-LENDING RATE3
PHILADELPHIA Coll, 0 per cent ",
time, (J per cent; commercial paper,
three to six months, 0 per cent, and
sixth raontus, Ba4 and Per -'nt-
LONDON Money is quoted at 'Va
per cent. Discount rates, short bills.
D38 per cent,; three months' bills, B'Ji
per cent. -
aeeonds 5n60c, state dairy 0w(l7lc.
KlSoV-I'lrm T iteeelpts. 0070 cases Fresh
unthered extras 71S5c; extra firsts .JW
74c tlrst.J117f71c: eeronds. 0Mnci dirties.
No' 1 r.lir.3cl do No ,5 40-73-1 checks,
43 vv 4 c untie rKruvieB a- unv t. !. ..-
JpVclal marked. MVa O04c, , retr erator.
flrsta r.2r.3e. refrleerator. seconds, 47H
"ic. stat ta ml nearby hennery whites. 08O
Jl. Batliered whites. 700Se: western
whiles, 7507c, l'acIOc toast whites. Jl,
outsldei western and southern t'athered
whites. OSSiHUOc, state and nearby hennery
browns 78BROc: mixed colore, .5W.c:
mixed fair to prime, 0574o.
CHEESC Steadi. Receipts. 2002 boxes
Flat current make colored, average run,
35Vi 83o. flat, current make, white, averawe
run 35V. 3.lc. colored specials. SIVa fSJc:
white specials utt ivo.-c
DIVIDENDS DECLAREb
Savoy Oil. quarterly ot 8 per cent, pay
able December 10 to stock ot record De
cember 1. . , .
Wolverine Copper Co , quarterly ot
cents pavahle Januarv 5 to stock ot record
December 6 , , , ,
A. B. Klrachbaum Co., quarterly of 1
per cent on common, pavable December 1
to stockholders of record November, 20.
An..rMnn Tfthawn Hciirltle. Comoratlon.
Initial dividend of l'i per cent, pavable ne
per
cember 5 to stock of record November 20.
Utto .isenmnr u 1.0 nuurier.y i
cent on preferred pavable January 1
annual 5 per cent on first preferred and
4 per teni on oeconn preierren, pajauia
December 15 to atock of record December 4
Colorado and Southern rtallvvay Co semi,
registered December 50,
FINANCIAL BRIEFS
The average price of twenty active in
dustrial stocks declined 0.20 per cent
yesterday to 110.40, while the twenty
raihoads advanced 2.33 per cent to
81.05.
An agreement has been made by the
Pennsylvania Jtailroad Co. with the
United States railroad administration
whereby the latter ill construct
twenty-five pasnenger locomotives for
the railroad company nt the railroad
shops at Altoona, Pa. The engines
will be of the large Pacific type, and of .
one of the modern designs of the Penn
sylvania Railroad Co. Tbey are fqr
the Hues Kast.
Material setbacks in the value of corn
this week have been largely brought
about through tighteuing of money
rates and by the bearish character of
iho government crop report. Prices
this; morning compared with a week ago
were tic to fijgc Jovver. Uats gamed
lfijl'sc to l'.i-c. In provisions, there
was a net decline varjing from"37c lo
$1.15.
Although public utility companies all
during 1910 hnve been confronted with
ndver.se conditions on almost all sides;
they have been able to do an aggregate
of new financing so fnr this year of
more than $53,500,000 in Btocks, ac
cording to Dow, Jones & Co. This
figure compares with approximately
.fill 4,800,000 preferred and ?515,000,
000 common blocks sold by industrial
companies.
The annual icport of the Cuba Cane
Sugar Corpoiation for the jear ended
September 30, shows net profits, after
all taxes, charges and depreciation of
$7,384,580. or the equivalent, after pre
ferred dividends, to $7,77 n share on the
500,000 shares of common stock out
standing.' Iu the preceding ".ear the
net profit was $4,120,425, or the
equivalent of $1.25 a share.
The New York Subtrcastiiy lost $73,
000 to the bauks yesterday.
The Beneficial Saving Fund
Society of Philadelphia
1200 CHESTNUT STREET
Result of the First Year's Business in Our New Building i
Deposits:
November II, 1919, 520,331,947.60
Nerember II, 1918, 17,030,745.45
Gains in Deposits
for Ttir .
Gitns in iceounls
(or yesr ,
$3,30102.15
1.9Z4
it t -ol(ci( ihe care o tour imings
Interest 3.65 Per Annum
i
imaMd
"
i
T -"X T ' '
i
)',
A
i .
iu-'-.
rA
. w.
it-.
:--'
-S'
V Jt
v
-ir.'- iJzZai
.,-AV i, ,...
l"r---"
'.