."IHicjliW!?sijr fftg-pgonaprrrtm . H- jf- J&T 'f h"lWwrT i - ' ,'vt-. '-nwjBTmwjBiyrswTi-i.-, n t i ". Mfi 'W'wyTjVtfWpte(fK ' ' ' v 18 EVENING PUBLIC LEDGERr-PHILADELPllIA, MONDAY, NOVEMBER 24, 191D trmVtli In I tr : ' "ff The Phonograph Indus try Is One of the Most Important and Most Profitable in the Coun try We offer a PREFERRED STOCK with VALUABLE "RIGHTS" Send or c.ill -f' r rli. m.n wttlng forth iartli'u!uri of .1 1 unusually attractive nfliTliiB of the s , Cum. tllnttvc Profcrrtrt slock of a Cor poration prnoilf.illj monopolizing us lino 1:1 tii-j nnonnRrann ue u c rrvliiKT valuable "prlvllrires' !l which eiialilei RUticrlberi to nar tlcllmto In unusual profits from homo and oP"rt h-iis'nps Tli" "nnhti" nr, rulvMol M n United oftrrt o semi t unre fur Circular No. T. 1. t J. C. REED & CO. Finance Hide;.. I'hiln.. I'a. NEWS OF FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK QUOTATIONS MARKET WAS PROFESSIONAL ' WITH SPOTTY MOVEMENTS Sugar and Motor Stocks Strong Features Rails and Coppers Were, Inclined to Yield NEW YORK STOCK EXCHANGE TRANSACTIONS Sen- nrK, Xm. L'l. Profesiionnli'in I tlonnry spirit picvnicnt in the weekly iintl irregularity wore th two iintKtiitid- mnrkot leltois of the leading roininls ins features of today's Mock market, sinn houses could also lie counted upon Tliero was up undercurrent of decided I rcpiu'ialug market enthusiasm. strctiRth. hut the trading was conspicu- 1 In ., , there was cenerallv r. ! ?J?1 M.""T,:!.'okfi. renithuwu.sM.es that '.""' '". "'".' -. i -. Innv f .. . ,,.,, f nocii ntivc ac tivity coiihl only lie made In direct op vva.v. lhe motor shares ntnl some of the motors iircessdrles were the i-troiic spots. KiiKiir issue also responded to some ex tent to the wonderfully good trade con ditions. Soii'o of the shipping stocks tinned up hi tkl. On the other hand, tin nippers ennt limed heitv.v. The rnll ri'tnN were ncRlectod and inclined to sn;,. The nils and -led shares came In for only little attention and had no settled trend. The more encouraging development of the d.iy was the further evidence fur nished of the continuing caslni? of money market conditions. The renewal call loau rate was pstnhllshcil nt 7 per cent. the lowest initial rate lor u month position to and against the wishes of the powers -to -he 111 the hanking world. After the disastrous experience of the pnHt fortnight there was little likeli hood of an one taking that chance. While the week-end development"! concerning the coal strike and other matters which have held the attention of the financial community were of a, more favorable tenor, they came in for little consideration, or at least, exerted little market influence. The same may 1 he said of the further recovery in for- j eign exchange. i omparcti vviiu oniu i-iti-ui. .muuuh,i j The easier money market conditions, .morning openings the initial operations however, nppnicntly are, more super- worn decidedly, tame. The mnrkot was tlcinl than real. The proof of thu pud- quite dull and'priie movements some ding is to he found in the pronounced , what nigged. As the morning advanced, scarcity of time funds. I however, the trading picked up little According to the testimony of the with the mixture of movements as hading bunks, there is virtually no time stated above. $50,C00 City of Philadelphia Due 1947 Couoon or Registered Interchangeable Price: On Application Biddle & Henry 104 SOUTH FIFTH STREET M,..',ling and the appreciative narrowing! nearly It points j Crucible Steel 'of iiiiiiiitinus. it was patint there had,! . liuooci . 1 1 Liyi n iintc 11 g,'in nil real 1 .at ion of the Butjuesne LigSit 80. xE;tBB In several (lunrtevs, moie notably the motor shurci,. there were signs thin the shorts were having further tltf- tnntii'j obtainable to speak of, notwith standing 11'., and even S per cent is Itniittr hiil frit t f - fiml ntnptv-llllv Ito- 1 ""- ..... ..- ...... ... ......... - -- -- .- , loininodntions. 1 urtlicr proof whs to lieuities, i-iercc-.rrovv was mo M'ura be found iu the low reserve position tionnl member of group with a swift not onh of the Clearing House instltil- i ascent of over ." points, general Motoi tions n's retlectcd in Saturday's bank at Its top notch was points above 1 -.tnicment, but also iu the continued low ! Saturdays closing level, while bite ............ ,ti,. ,.f ii, i'n,i.ii-nl tin inlMninr climbed over 1 points. Other i.iiii iiii in i'i no. i "n tin s.i .-. ...--.-- - I wide aiHuuces were mane i.v iiiiiuvviii lion t lie greatly diminished , locomotive, which ,'" "i- anu Hanks Judging V , llculi-sing for prolit redmid some of I the most it''iisio gains in tile miest ' I dealings but this vi as offset bv t'lirtbet udvaiees in 1st 63 1349 FREfc. OK PENHA. STATE TAX Price to Yield 6.05 Car st airs & Co. Members, rhittiileliilihi ant! Ne urk stotk 1 i hintces HID Walnut Street 71 lirnudwu. X. Y. MARKE NARROW COUNTIES GAS & ELECTRIC CO. 1st .is, 19(i2 Free From Penna. Slate Tax Price io Xet 3.40' c Membr ft iri ) i ... i J.xohangr Loct SItU Land Title BlJgt Knee lit I TRADERS' AFFAIR Small Price Savings Were Gen erally Utilized for Realiz ing Purposes pi i mines Trading oh curb : centers in oils Business Stimulated by An nouncement of Advance in Price of the Crude Article MONEY RATES RELAXED' GENERAL ASPHALT REACTS New Yiulf, Xov. !. The New York Kv cuing Sun's closing financial review 1 todny sajs ; I While there was notbinir like an ao- 'live resumption of operations for lhell"ees of crude oil New York, Xov. 24. Xcaxlj all in tcrest in trading an the Itrnail street' curb today was attached to the netiolum irroiip because of the an nouncement of further advances in the in several ot the I large producing districts, making the re- advance in today's stock market, the M1t& of ,i(.voi01,m'ent work on different majority of stocK moveil tovvaril lnglier prupertiet ot increased imiortunie. LIBERTY BONDS All Issues Bought and Sold $50 ?100 500 $1000 Graham, Parsons &Co. 435 Chestnut Street Philadelphia levels. Theie was uo special news to n1' ' count for the further improvement . niado, u good part of which was due to the teihnieul position of the market i itself which is in u trading area. Call loans renewed nt 7 per lent and ! held at this level most ot the session. This of itself was siillieient to promote ,Hl additional short covering iu a number of oversold speculative issues. The reh'xatiou iu money rates for stock market purposes, hovveVer, will probabl.v continue only ns loug as prices hold within moderate bounds and for this reason no aggressive operations on the bull side weie attempted. Saturdaj s bank statement, while I'ln-re was initial trading in Magma1 Oil and Kcliniug which btarted at and made a fractional advance during the forenoon. The heaviest dealings were in Sliums Petroleum, which ranged from 1." to lb. (.Jcneral Asphalt was netively truth d iu, advancing to 12s and then reacting to 12t. International Petroleum sold I t. ."iJ'',. . Ainnlcamated lire 'stores was linn with sales at l."'i. There was little trading in American Tobaiio Securities at 02 to 02;;, and' I Itetail Candy w.ts quiet, selling at KiVt. Submarine Itout wkh in fair demand, ranging from 17 to J72. I'nited States Steamship was quiet, with trailing at 4"s and ". (ieuerul .Motors (new) sold at .J Hi to .lb. In- Sales 100 :ioo loo lqo lira 300 20o :too too ,1700 eoo :isoo 400 lxoo too too MOD 400 .'00 700 too :ioo 300 000 S400 10U 15.011 ,30U '.'00 300 :isoo 13011 10(1 -'Oil tisoti MO mo 70011 noo i:ton ,'100(1 .100 400 6110 -on 100 19011 inn joo 71u00 ;ii:iu ."ion :ton too 3011 noo 9000 100 500 l.iOO 111)0 , 100 00 soo 100 700 .'100 100 i3n :too sou :isno 900 701) uno too isno 1400 noo ! :io 20011 MOO too .". 0 f I 1100 '.'Oil 5500 .600 700 2000 scoo !is00 ! aoo :ton 4500 soo 300 7000 noo 1800 1000 t)lr. In t Adams Ixuresn . . . . . Advance Humcly . 0 Advance Itutnelv pf 0 AJnx Jtubber . . Alaskn Gobi V . ., Alaska Junon'i . . AH's-Cbalmeri 7 Alli.s-Chalmer.s i f 5 Am Agrlc t'hem. 8 Am Deet .Sugar . . . it Am Hoseh Magneto. American Can . . 7 American Can pf . 1 Am Car & IMv .... Am Cotton OH ... 6 Am fotton Oil pf . . .80 Atp Druggist Syn . Am llxpresa Alii Hicie a: leather Itteh -1-1 14 . 40!i 71 . SSli 'iVz 1 . 4S?i . sow . 9-IJi . 07 .MU . MH .lOIJi .137 . Pi . 93 . 11 "2 3J 7 Am Hldo& Lcath pf..l25 American Ice 4'i American Ico jf . . . HOi'i Am Inteniat Corp ...113U Am I-lnHeeil 70Ja" Am liOcomotlve 97!i Am Jlnlt ft (Jra-n . . . ulli Am Nhlp & Commerto. .IJKi Am Smelt & lief . ... 07 Am Smelt & lief pf. .. OH'i Am Steel KounUrles . 43 Am Sugar lief 141U Am Sumatra, Tobacco. 90 J Am Kumatr.i Tob pf . I3 Am Tel & Tel 100 'a Am Woolen 1S8 vni Wooltn pr 101 Am Zinc Lend & Sin . IMU Anaconda Copper .... 63!i nu Aibor pf . . . . "!0 .sets Iie.'tllzatlon ... s.Sl) Dry Goods J75 s-so Hry (Ids 1st pf. 73 Afso Dry Gda Zd pf. 73 fi A tela Toil & Santa Vc. HSfc "t Atcli Top S V pf . 1 71) 7 Atlantic Const Lino . . Hi All Gulf & tV J ..in uto Sales tern elSfi. . . 1," 11to SuleH teni ctfs pf. 31 6 10 I .SO 4 Baldwin Loco '. 11U Halllmore & Ob'o 3SU Hjlttmoio & Ohio pf.. if Ilairett 1331-i Uarrett pf 113 n.itoullaa Mining .... l?s Jiethlebcm Motora .... Wx Bethlehem Steel B ... 90 Bethlehem Stl S-0 pf. 11394 Hooth Fisheries 1414 Drklvn Rapid Transit. 1914 D'lljn rt T ctfs of dep. 14 Bkl.vn t'nlon Gas rts. . 59 Brown Shoe 10814 Butto & Superior Cop. 21 Bulto Copper & Zinc. UTs v-alifornia 1'j.cUlng ... 77 li r.ilirornla retroleum . 401; California. Petrol pf . 78 Calumet & Arizona . . 03 Canadian Paclfia . ...148J6 r-entral Leather 978s C'erro do Pasco Cop . . BOH Certnln-teed Prod ... 3714 Chandler Motors H8'a Chesapeake & Ohio . . . S8!i Chi Gt "Western pf "0 Chi Mil & St Taul . . . 4214 3 Chi Hock Isl & Pao . Chi H I & Pao 7"o pf Chile Copper C'liluo Copper Cluett Peabodj roc.i-Cola Colorado Fuel & Iron Colorado & Southern. Col Graphopbone .. . Columb Can & Kleo , Consolidated ' gar . . Consolidated Gas . . . consolidated Textile. Continental Cun .... Continental Candy . Con Interstate Cal At Corn PioductH Ut.. Cruclblo Steol Crucible Steel pf . . Cuba Cane Sugar . . Cuba. Cane Sugar pf Denver & P. G pf . . 1311c Horn Coal 10800 3.0 Pjidicott Johnson How To Trade In The Market and other rules and methods o interest to business men are g'ven. in our free book, "The Investors and Traders Guide." It tells: The d'ener'al Utiles of Trading. Mow to (iivu .1 Broker Instructions. 5rnkcr h' Commission l hartfes. How to Indorse a Stock Ccrtilicato. How tn lsc Collateral in Trad'nc Hon to Group Invest ments. The Deposit Keiiuirc niciils for Carrying Stocks on Account. Tlic Ivifhts of Stock and Bond Holders, etc. Written in simple lan guage and easy examples given. Edition limited. Call, phone or write at once Ask for No. T.U.-C51 JONES & BAKER SECURITIES Widcner Bide., Philadelphia J'ionrs Hell, Walnut G0G5 Kastane, Race'Z'Zm Direct Private H'iies showing some slight iiupiovemeut in the ijimi Packing was steadj , selling at ii. oau eecount. disclosed plainlv enough ' iiji-ii'-mi m) """ -"'" - "' that funds cannot be expected for heavy 1 1& 1 , stock speculation. Xo real improvement , ! 111 the money situation is expected by I the financial district until after the turn of the j ear. Accordingly, today's mar- kut wim 11 rather narrow traders' uf- fi ir and small price swings were utilized iwI'lS1'.,irV lor realizing purposes. General Asphalt .... (Jains somewhat above the ordinary ijivana Tobwr-co .... vver. siored by Wortbingtou Pump. ,'JslrP ..':::.' .'.' Continental Onu. l'ierce-Arrow, t'uiteil Indian Piokire Trull. lialdwiu Locomotive nnd a few cVutof; -'. -. '. ". : ! I others, but even these, stocks did not jtaibohm Motors .... fullv bold the ground gained. Railroad Jj'w .Am i'atir . , .1 ,l 1 1 acKara ii nra stocks sagged from neglect. perfection Tiro In the second hour a concerted drive 1 hubmarlno Doat .... was launched against the copper stocks, uWHatjw?a' T '.'. '.'.'.'.'. and these issues were forced down from , fnttofi itetRii r'atidv' 1 to !i points before the selling sub- Cnjt 1,'ruiu harinc sided. There was nothing new to Uf-1 vanadium Steel !.'.' count for the weakness of this group, v vivia.dou Ine ..v. It has been well known right along st.VM.ABU OILS that the cornier trade is stagnant, and Anclu m Oil as IXDL'SiTRIAI.S , HlBb Am Marc ot 1 jt Am Tub Hpi H.:' Amal Tlr Htores 13v4 Am Saffty I'.axor 1S Brlt-Anii r Tob coupon ... -l ii .... lla . ...1SS .... 3V4 .... HI. . ... 17 . .. SO . . . . lid . ... 3s .... 13'a .... 4'i jr4 r. ni'i g Low - p m. icj nsii in1! r,'i IS, 18-i a.v s 3 .. -b lljii 11'v la i ur. 3j 31. 14't If, 17 47 yo -11 b 1158 -iV " 35 37 13V-J la'j tVi 1 i H 17 17'., 11 11 t. lilt. In-.. t'j 1 1' r,s-j r.s'. :3'-j ji it looks as though producers migv Lie i 1 ompelled to further curtail the output uid cut into surplus earnings to cover I lividends during the present emergency, which will probubly last until credit is extended foreign buyers. I Cerro do Pasco held up -very well j when ether coppers were soft, due to 1 its largo silver production. This metal 1 -ndav sold at a new high price of ':Mi'i an ounce. Steel stocks held steady, wif I'nited States Steel close l ' 10,"i diinn Ohio on I'ralriD PL . . . , s oil of Cil . . , B Oil at N J . . , a Oil or N V . .371V . .28.1 . .Ill's ..715 ..ViH UU7 711 1 LNDErENDENT OILS 15S ir. Alliance Allied Oil Amal Itoyaltv Barnntt Oil Uoh .... llomon Wyoming . . . Ifurknctt Van Cleail I'urlh Svn 1, Cities Service "B" ctts. 44 SO 81) 4SV. $r,t Comnionvvealth 1) Costlen & Co day. the greater part of the rcik iaibIii Pet 'ilenrurk, Oil llurtej aillesplo kquinment stocks were favorably in Huenced bv estimates that Kurope will '"'''"'J,0,1 have to snend M0O.O00.G00 for rolling j'SXcbio" ' , stock, of which it is in dire need, mow- Merritt 11 .. 'ever, foreing business of this descrip- 5! l"n " .?? . . '. : ! i I ." ition ns well ns in mnnv other lines is bmar on only a potentiality until such lime as Orerit oil . ............ . tills countrv extends iiuerai crnius io j,dur i Curone and the loreign ecnange mar kets become more normal. Stockholders 1 of thu Studcbulser corporation tociu.v 10' 8 I 8'. ,11 31 3S IS 1C4 a ii!. S3 w Itetlnera. Illclcnrrt Texas Hill rrelc Prod .. .. rieauoah Oil )i Hhell Transport sji, iu fin ;o;i ... . 1. ...... Sli 36 D I New York Chicago Detroit Baltimore Pittsburgh Boston MINIM) Atlanta. lluoth Calfd Mln .. .. Canada Cop . . . . Candelarla M . . Creaaon Gold Eureka Croesus Gold Cons Kewana 1 .1 ..,..! IL. ..!.... ... InnHnncn ll ft f.f, Tl - UImh.. Tu. I rnillietl II1U piUIl l" ill- ,io. ..ii. M' .1....,.. - . - ... .... ..,- tl 01-. niinniln ton Snencer Pet ... Utilization iroui w.," " ?"". T-exaa jtanier . 11(10 000. Texaa Co w 1 . The Cnited States Supreme Court d id Tropical oil . . . not hand down nn decisions, and ad- ! vl?"n 0 !.' iot.rued until December ,v secretary white Oil ... . filnPS announces that the Treasury Ue- Way' o . u . . sirtmeut will issue two new series of , 'i per cent treasury certificates, one .,...,,. L0i '111 anticipation of taxes anil the other Arinona. Hllver fin temnornrv unancing. 1 In iiinnectlon with the offering Sec , ritary Glass indicates that there has been a substantial reduction in the pub lie debt and Unit satisfactory, progress I is being made in the absorption of gov ernment war securities by investors, while the nosition of the treasury has (lold Hilvcr Pick n become much more favorab'e The net oreat .g .. ....... decrease ill the national debt from the Knm nivido is hiirh miiik of last August amounts to Louisiana (-' ...'4 .... IlAl.'ln )ai 1 ,t:s.i,o(M).o(M). BJ 2i 7 411, 41 10s, s' Ta a '4 3tVa 04 13 11 B 1S 11(3 II IS li SO' 45 1IH4 3 7 3l 1; si 100 700 1011 100 8400 7'.'00 300 7lll) too 700 oeoo 1.17011 3300 '2 II0O Kill 3100 1 1)0(1 !)1() '.(ill Hill 30110 4100 640(1 on 100 300 47110 COO .'700 -.'6011 NOO 300 100 tilOl) Z7Ib 73 Ka aili 3Sh 86 402 4S?4 24 Hi 4 ?4 66 'a 0.112 91 3J?'e S4 13 17'4 84J. .218 .100 . 48?a . 83 J2 .1614 . 301s .13714 .100 . 10U . -uv, . 03 34 Kndlcott-.Iobnson pf . . L'rle Erie 1st pf 8 Famous Playert,-L . Famous Playeis rts Plsl; Hubber i Prceport Texas . . . i Gaston Wm 6- AVig 0 Geneial Cigar 8 General Hlectrla . . fi Geneial Motors .. 11 Gen Motors pf . . . 6 Gen Motors dd . . . 1 Goodrich B V . . Granby Consol M S 5 r.rc.it Northern nf . . I Gt Northern Oro Ctl's. 0' . . Giv.eno Cananea Cop . Ma 4 Haskell & Barker Car 7 Illinois Central . . . . fl Insp ration Con Cop . . Interboro Con . . Inter Con pf Inter Agrioul 3 Int Agricul p Int Harvester Int Mer Marine 11 Int Mer Marine Pf . Intel national Nickel . Intel national Papo" Iron Products Jewel Tea . Kansas City Soutben Kennccott Copper . 43 ! . 4014 . 20?i . 74 .170?, .337!: . 92 . 2! a . 82'4 3S 84s con 93 . 3' . 16 j . 84 132 U . S3 1064 3700 1.20 Keystone Tiro & Ilnb 71', 12 '4 84 17'i 30' j Low 3314 40 li 71 8S!i 214 i'A 4214 9014 937, 9.1 m -.4 lOlli 135',, S2 93 0Ts 90 32 '4 121 45 !4 (.0 11214 70 95 V 31 la 30 Vl (13 ?4 98 H 4114 138?4 89J4 93 loo!4 131 1024 IS'4 60 34 20 5 .13 7J 72 S8 79 93 ins 1V2 30 107 37 s 4'4 133 113 la 32 944 11314 134 I7' 13 A0 107 3114 OFs 76'2 43'4 78 (lOi 140V4 005, 57T'e 56 110'2 37 '4 20 414 112 'a 37 1 '9 73 '4 IV 30 t 86 40 4214 23 '2 63 r.l'e (14 ''2 90a 35 8J 124 17 83a 212 99l'a 47 83 154 30 134 100 14'e 24 '2 T34 '4 41 '8 to 20 '2 7334 109 'j 333 02 1)0 81 a 58 S3 4 40 37 "a 00 92 53 4 4'a 13 .4 2l-?4 81 133 51 9a 105 24 4 70 40 34 174 305a 4s! To'lay'n Net Cloae Cb. 33H- Hi 4014- 14 71 V SiVi f !4 314 4214- OOKi- 1W 03H 14 00H 116 125V4- l'4 5414 101 4- 137 f 52 -113 I 1114 92!4H 32k4- 123 1 43t2-r (1814 f 113 t 70 -9614 aiy, 31V4-C5?4-9SH f 43 4- 140 90 -t 93 - 100J4 -r 12014 t- 102W- 1SU-'- 012- 20 - V4 V ' 8 I '! I 4 I 414 4 '4 Dlv. Sal en In Hlth 1000 0 Lackawanna Steel ... 8714 loo . . Lee ltubber & Tiro . . 35 1000 . Leo Hubber rts .uii a.oo Lehigh .Vnlley 45 Loose-wiles Biscuit . 72 Manhattan niev ituar, 51U Maxwell Motor 4314 .Maxwell Mot 2d pf . . )4 2 14 8 114 114 m 4 1M 300 (00 3000 loo 500 500 8700 100 500 2700 5300 100 7000 600 800 600 too 300 Uoo 500 100 800 300 1500 100 57 H 114 I 1 ''a . . Max Motors ctfs 4?H 7 May Dcpt Stores ....123 10 Mex'oan Petroleum . .20514 8 Mexican Pet pf 108 3 Miami Copper 24 20 Middle States Corp ... 63 Mldvalo Steel & Ord.. 31J. Minn & Rt L new.... 1515 7 Minn St 1' & H St M. . 8314 Missouri Knn & Tex.. 1114 . . Missouri Pnclllo 27H . Missouri Paclflo pf .. 4514 Mobile & Ohio 43 3 Montana Power 60 .1 Mulllna Body 4614 .1 National Acmo 33?i 7 National Biscuit ....118 .. Nat An'llne & Chem. . 0014 . Nat Conduit & Cable. . 12M Nat Imam & Stamp.. 79 J4 7 Nat Knain & Ht nf ..102 2400 1.50 Nevada Con Copper . 1614 Now York Central ... 7314 New York N II & II. . 32 Norfolk & Western. . ..lOO'i Northern Pacific 8514 Nova Scotia S C 78 K2 Ohio Cities Gas 30?i Ohio Fuel Supply .... 32 Oklahoma Pro & Hef. 94 Today'n Net Low Close Chite. 86 J4 80J4- V 3t 34 - Yi 14 14 . . 44; 41N- Hi 71 72 11 49 49 - 314 41 41 yj 4514 45& 114 414 4194 ' 120 123 3 2011-4 203?4- Hi 108 108 - 2 24 24 - a4 6014 l - V 51 , 51K .. 1514 1514- 14 8314 8314- 14 UJ4 H14- 14 373, 2714 '4 44 4314- 14 43 43 50 69 - 1 44 40 1- 1 358 3SJi- 9b 118 118 24 TRADING IN LOCAL STOCKS ALMOST AT A STANDSTILL Continued Buying of Pennsylvania Railroad' by Small Inves tors an Outstanding Feature Specialties Move Up The trading In the locnl mnrket wai weeks and is attracting a great deal of on the smnllcst scale In many weeks, The undertone continued strong and, apart from tho few specialties, price 73 8S - 79 9" L ins'4 15J44 30 113 ! 3S - 4914- 123 '4 - 113 - 19a 3214 9514-1- 113?4 134- 17?a 13 -59 -10814 2114-9J4-- 7714 40 78 604- 116! 4 11814 J 5714- 4214 62 !i 27j -. 731a lOJir -40!2 -424 ' 23)4 63 14 I 3 ',4 -6514 L 90a l 1 a J 13 , 217 -t-9914 4714 ! 83a -1 10!4T 3014 r 137 100 14?,- 21 14 034 4 '4 43'4 ton . 20!2 74 ' 100(4 -337 -92 -90 - 8114 58 -834 -40 Vi 37)4 L (,() 92 34 V4-4(4- 14'4- i 214 I 14 I 5H j '4 I 'A '4 I 34 1 1 I ?'4 I 1400 1500 700 3100 looo 1100 290 900 too 300 2000 500 300 too IO9OII 2300 3200 200 400 1000 200 (:t.'0U 00'! 1.100 600 901) ICO 3100 100 900 9400 1800 800 1 6300 70(1 5800 4 400 3 409 7200 8.70 14 '. OH '4 I'i 4 Is 1's 4 4 49 414 3 1'4 4 1 4 14 114 a4 81 - 132 -I 5314 1 103 244 - 71 43 24 17n ' 294- J,-B - 1?4 I 1 I 14. '4I ii l'a 4 I 300 2000 100 100 100 100 200 100 29900 300 12900 300 200 3.1000 400 2000 100 100 4100 200 ".I0 100 13011 200 10300 2300 3000 4700 1300 200 300 4400 2300 400 34000 100 100 200 4800 1800 100 251 00 100 6600 25100 300 2900 100 100 300 100 900 400 1400 200 300 100 200 100 7000 1600 4200 4.00 100 17000 100 Ontario Sliver Mining. 1114 3 Otis Klevator 110 Otla Steel 3714 3 Owens Bottling Mach. 01 3 1'aclnc Gas & Eleo ... 02 I Pacific. Mall 37 14 Pan-Amer Petrol & T. 1004 Pan-Amer Pet rtn . . V$ 3 Pennsylvania 424 Ponn Seaboard Steel . 31 Yz Peoples Gas Chicago Pero Marquette 3 Philadelphia Co Plercc-Arrovv Motor 8 Pierce-An ow Mot pf Plerco Oil P'ttsburch & IV Va. . 5 Pittsburgh Coal ot Pa, 63!, 1 Pond Creek Coal 23J4 8 Pressed Steol Car ... 1024 7 Pressed Steel Car pf.lOOJi 8 Pullman 121 3 Punta Alegro Sugar . . 95 2 Itay Consol Cop s Hallway Steel Sprlnc 6 Hepub Iron & Steel 4 Bepub Motor Truck 4 Beading 3 Heading 1st pf 34 Remington Typewrit . 8514 Royal Dutch NY Savage Arms Saxon Motor . Saxon Motor rts . Seaboard Air Lino . . I St Joseph Lead . . . . . Kt L San Fran . St Louis Southwestru. St Louis Southw pf Sinclair Consol Oil . . Sloss Sheft S & I . . . t Southern Paclflo . . . 5 Southern Railway . . . Southern Hy pf 7 Studeuaker 5 Slutz Motor 4 Stromberg Carb . . . 3 Superior Steel . Tcnn Cop & Chem Texas Co Texas Co rts Texas i Paclflo Thrd Avenuo Tobacco Products Tobacco Products pf . . Transcontinental Oil , Tra-nsuo & Wms Steel. Union Oil Union Pacific United Alloy Steel (1 10 3914 2494 33 i 81 110 19 3014 3134 98 .1074 55 79 .10214 . 83 '4 . 15J-8 , 1 . 89, . 1414 174 15 274 304 . . 09 'a .. 3414 . . 62 ..119 ..1144 .. 7714 .. 4514 .. 119a ..302 .. 0715 . . 4614 .. 1414 . . 844 98?e 634 03J4 3994 .12994 . 6214 Underwood Typewrit. 184 United DTUg 14114 United Fruit 21114 United Hy Invest . . . 9U United Ry Invest pf . . 1714 United Retail Stores . 94'2 U S C 1 P & Fdry ... 2214 U S C I P & Fdry pf. 57 U 8 Impress 22'5 V S Food Prod 774 U S lnd Alcohol 106 U S Realtv & Imp ... 43 U S Hubber 123 H 17 K Hubber 1st pf . . .115 6 U S Smelting R ft M. 774 V S Steel U S Steel pf Utah Copper Utah Seo Va Carolina Chem Va-Oar Chem pf Vulcan Detlnnlne Wabash Wabasn pr A 10514 ...114 ...77 ... 11 ... 08?a 11334 pf. 894 9 , ... 284 1 Westlnshouse E 0: M. 331a Woslern Maryland Western Paclllo .... Western Pacific pf . Western Union Tel Western Union pf. . White Motor Wheeling & L Urlo Willys-Overland . . . Willys-Overland pf Wllpon & Co Worthlngton Pump . Wells Fargo Exp . . 1214 24 '4 3314 88' 93 7014 14?i 3114 92 7914 95 35 12 V4 7994 102 14; 7214 31 10014 84?i 73 5o '4 51 915 411. llo 37 no 14 3714 107?, 9a 42, 3-P-4 38i2 21 33 7414 10714 18?. 30 03 23-4 10036 loo?. i20 89 1,4 20 '4 97 'i 10.11a 54 77 ?o 34 8414 1014 83 139a I 86 1414 174 15 374 4914 72 9715 2414 62 118(4 11214 75 45ia 119a 395 67 V5 45!a 14 Vi 834 9814 531a 03 39 126 Pa 52 183 HOT, 202 i) 17 '2 89 33 V5 37 3314 76 1031a 43 11914 115 75 104 96 1134 74 9o II 0S?a 113 894 8 J, 281a 5336 1314 24 53(4 87 93 ot; 1414 31 'A 91 79' 's 84 55 06 -h 13 7914 -1-192 1514 7214- 32 loo 14 - 83 -75VS-i 60J4-- 33 4 956 1114 140 37 .. 80 - 03 37 l'a - 1083a- a- 4236- 336-i 3914 1 2414 r 3296 78V4 1V4 14 314 ' 'a 14 16 114 l'a 94 1 ' (4! (a 14 '4' 14 : 9. y 3 2 96, 114 ' 136 110 514 1876- 14 30 Pa 6314 U 33?4 - l'a 101 V2-1-100 y, -120 - 913. 1?b 20 76- 6 98 10714 34 -1- 79 34 8515 4 10144 83V4 4 14 1 81- 14 H 17 ?4 i- 15 374- 4914- 73 9816- 21 U - 0! 4 smallest fractional limits. Tho low ebb of market Interest was not difficult to explain when the restricted calibre of the New York market was taken into consideration. Nothing ot local importance, developed over Sunday to stimulate independent movement in the homo issues. The best the local contingent could do was trail after the lead of tho bigger board. There was, however, in nil parts of tho list good underlying power, or, at least, sufficient orders In tho market to take care of nil offerings. Selling pressure was conspicuously absent and the liqui dation of the stocks' which had been overhanging the market In case ot sev ernl prominent Issues seemed to have been clenrcil up. The supply of slocks in tho recent active issues apparently is still grcnt Iy restricted. While no effort is made to stir up fresh enfhusiasm .in these selected favorites still the smallest buy ing orders can only bo executed nt ad vancing prices. This ivus exemplified strongly ngain in (Jcneral Asphalt com mon and Klectric Storage IJattcry. Tho first named on sales of ten shares mounted $2.50 to 127. The latter made an early advance of 54 to 142, and whilo the demand was not continued the prico was well sustained. The outstanding feature, however, of interest was furnished in the continued buying on the part of small investors of Pennsylvania Knilroad stock. This buy ing has been in evidence for bcvcrnl nttention In local mnrket circles. Good buying appenred again in Amer ican Stores which was carried to forty- two or llfty cents above Saturday's lev- S2fi!La5-rSf-?RS?. "WC-S1'" 4 Sl-.P wftliln $1.25 of tho top price. uiviacna prospects aro unquestionably the motive behind tho quiet obsorptiou of this issue. Tho trading In tho balance o the local shares was of littlo Interest. The liquidating pressure against United" Gas Improvement was withdrawn ngain, with the price well sustained nt C41,i. , Philadelphia Electric was still pegged at par. Philadelphia Rapid on small transactions advanced to 27. TjnKe Superior Corporation was entirely neglected, but was supported at 21'i. . American Gas on n few odd-lot transoc-" tions yielded $2 to Cl. On the other hand. Insurance Company of North America advanced .? 1 from tho previous snlo to 30, liittlo more Philadelphia Traction was offered, but was all taken nt 112, as was Union Trnctlou nt 38. The weekly Philadelphia Clearing House statement bhovved the local insti tutions not only greatly improved their reserve position last week, but also suc ceeded in cutting down tho outstanding loans and discounts materially. The new week opened, however, with out any essentinl change in local money market conditions, Ilriefly, money is deuccdly tight," ns an official ot one of the leading loaning institutions put It today. Call money is still of fcretl nt G per cent. There is little of it, however, to be had. Time money id quoted anywhere from C per cent up wnrd. Mont of the banks are putting out littlo money, and what they are loaning is on short maturities. Philadelphia StocJcs 1 1 1 irli Low Clog 210 Am Strs. 42 41Vj 42 20." Am Gas. 51 HO fill 25 tR&O pf CO "0 50 -0 TCuba Cn Sugar . ! Net s rhfre IS 4!;s 140 127 4S -4-1'i 4 & 142 4 127 2f. 24 i M) 10 2Hi 431,4 51 -Is Va. 42i p.'Va Va 1 11814 14 l'i l'a 94 113U 7y5 45 y. -119a 290 -67(4- 45T4 114.. 84 14 '-98(4-52a- 637a 1?4 3914-1298- 33 4- 184 14114- 21014 9(4 1714- 91 22 JA 57 " 22!. 351,6 104 21V 04 45U 51 5s "iWl 7f -o .. 271.S.. 02 . . :is 1 OT 1' 388 ' 54Vs- Vt 107 .. 27Vs 02 2Tfi 38 54ii 107 Hi 14 16 14 4 (4 8!S 'a 14 36 1(4 ' yi A t 1 2 7734 - 105(4 ( 42 - 122(4-- 3 (a 113 4 704 t 105 -114 74 56- II liSya ' 113 - 894 0 28(4- 33 ?0 -' 12 16 !4 6514- 88 - 92 07(4 r 14J4 314 92 79y4- 94 53 OOOK'oLGra. 04 425 Klc Stor.142 ' -10 Gen Asp.127 Oeo Ins Uo ot , N Amer 30 10 Key T Co 10 20 Lk Su Cr 21 4 120 Lch Nav. (54 8 15 Leh Val. 45i 50 t.Midvale. 51 730 Pa Jill.. 427i 5 Pa Salt.. 7nii. I 51 Phlla Klc 25 1 83 PRT t c. 27 1,2 1 200 Ph Tract 02 1 225 tUeading ma 100 Tdolstpf 35 I 1000 Ton Bel. 3 00 TJn Trnc. 38 330 U G I... 511i IUOK .T.107 510 York Ily prcf ... 31 31 31 .. tNet chanire mado bv comparison with last sale on New Tork Stock Exchange. Total sales C18S5 shares, compared with C147 shares Saturday. I Sales In IIONDS Net Jinoo Hlth Low Cloe ohse. 1 1-10 Am vV Ulcc 5s... S3 83 S3 V2 1 Ic & Pco Tr 4s . . . 03 03 03 1 4 Lib Bonds 3d 4i4s.. 04.22 04.22 01.22 .18 (5 4th 4V4s. 02.40 02.40 02.40 .21 1 Va Co cons 4V2S 01 01 01 .. 8 1-5 Phil EIcc 1st 5s ... 031,6 01 Is 01-s Vs 2Un Itwys t c 4s 50 50 50 .. 5Wels Co 5s 08' 08 M O8V1 ,Vi Bonds. J2S.300. compared with $16,100 Saturday , REACTION IN COTTON AFTER INITIAL GAINS Southern Selling Develops and Prices Work Few Points Be low Highest of Morning WOMAN FALLS DEAD Mrs. Anna Ileiser, fifty-five years old, of 3050 Ilartville street, fell dead today as she was passing 031 l'ast Allegheny street, while on her way to do her morning shopping. Her body was taken to the Episcopal Hospital, where it was identified several hours later by her son, Kulph Heiser. COTTON BELT WEATHEH CONDITION' New York. Nov. S4. The following tern peratures were rerorde.l In the cotton belt this rnorntn?: ICnoxvllle, 42, Nashville, 44; Macon, 40: Tort Smith and Auurusta, 48, vvllmlnBton Atlanta ami Memphis, onf Oklahoma City Littlo Hock. Charleston anil Savannah fi2; Montcomery. Thomas llle and Jacksonville, M; Meridian, bU flan Antonio nnrt V'cksbure. OS; Shrove port. New Orleans, Pensacola ana Tampa, fiOi Corpus Chrlstl. 00 and Galveston, OS There was no precipitation. New York, Xov. 24. Pollowlng the lend . of Liverpool, the cotton market had n strong opening today at a net rise of 38 to 70 points. . Several interests, notably spot houses and uptown operators, were good buyers on the first call, while offerings were light and hcattered, due in part to the strength of the cables and an absence of notices owing to tho small stocks here. Later, southern selling developed and prices worked off a few points from' the highest, showing nbout 25 points net advance, nt the end of the first twenty minutes. Tine receipts at the ports are esti mated at 40,000 bales, ngainst 34,835 -'1,780 bales a bales a week ago and year ago December January .. March . . May .Tnlv - October . . 1:31) p. in Previous Todays' 11:00 close opit a, m. an es 911 no ai.tlK 3n0 3.1,40 35.60 38.24 33.60 33.70 31.87 32.33 32 2S 32.43 30.73 31.15 . . .. 28.23 20 ll) Towboat Engineers' Strike Settled Now York, Nov. 21. A strike of en gineers on ocean nnd coastwise tow boats, called six weeks ago has been settled by the granting of increased pay, it wns announced here today at the office of the Marine Engineers' Ben eficial Association. Chief engineers, it was said, were granted $275 a month ns ngainst the former pay of $105, and nssistant engineers S205 as against 5105. I'i 11 -) 1 H V ill Mend. 1 4C3, 4b 10't .)', ,l .11 j 341a 77B f. 18 11 8 12a 11 '-i 0V6 40'i it. M. DROP IN CORN HALTED BY SETBACK IN HOGS Market Wavers at Times on Profit-Taking Due to Weak ness in Cash NEW YORK COFFEE MARKET New York, Nov. 21. There was fur ther selling pressure noted in coffee on the call this morning, nnd first prices were unchanged to 10 points below hat urdav's closing figures. There teemed to be fresh buying on the tcalc down- Despite the fact that u special San tos cable reported futures there nt fur ther declines of 50 to 300 reis. prices hero held steady and at about the pre vious close. December sold up to lo.-uc and March' to 15.70c. Tho were rumors that an mipor- wltti rcierenrc to Chicago, Nov. 24 I...!- M'n& Htrnni? today ered for a time on profit-taking dm,,e CXIK.,.tcd from one' of the important to weakness in the cash article in ine In BO 204 'J 3d Southwest and lightness of stocks ,, ithe final dealings tho tendency was up ,lS ard. The decline was checked by the setback in hogs. The strength was due to heavy cov erinu bv shorts, purchasing through commission houses mid a good demand j , , , from, investors, llullisu mnueiirn. in .J The torn mar- ... Intil iin,i,m rifiolilflit although it wiiv- '".. ,,, Kit,intion mieht international banking interests shortly, nnd this may have steadied sentiment i to some extent. Hat. rloH .. in 237 .. 13.701171 .. 15.7BW80 ., 13 S090 .. 10.0570 December fach . . May July Gevtember ll!d. Open 13.15 lS.mi 1R.75 1B.84 1D.C5 11 a.m ID. 26 1B.7B IV, l'l 1M Ml 1B17 42S 1315.8211,987 M.H14 l.l 3l,l.ni.iuu Oold cTo' it a Mereer 4 Gold Withdrawn for Export New York, Nov, 21 Gold bars nmountlng to approximately $400,000 are beiug withdrawn from ai-Miy oftlce for shipment to IJombaj . India. CHICAGO BUTTER AND EGGS I I.I,-,!.,.. ot 21 -HITTLK - Mal- r'jainry 57v7iv . . ... . , KOUti llecelpta 14 'as.s. Flrts, 06 ul TO. orvllutrry "rats ilBfciilc nt rourK cases ijnetuJ!'.rJiM)0'i' torae pailca flrsts. Reserve Banks' Discount Rates Official discount rates at the twelve Pederal Reserve banks were as follows: (The first tolurnn gives rates for all periods up to and including a fifteen day maturity ; the second for n period of sixteen to ninety dajs. The third and fourth columns give rates for re discounts of collateral loans secured by government Donas or notes.) Com'l paper 1 to DO ID days 4 llostull ' Vew York l'hlladeiphta Hlchmond niMvalanri . . Atlanta 4VJ Chicago. 4U 4'i 4 4 V, 4U .iir St. Louis . Minneapolis 4 Vi davs 13 4 4i 14 4 4 i s H Gov't paper 1 to 1)0 days daa 4 4'i 4 44 4 4'1 A", 4' H 4S 4H 4S i'i XfrKIn Par P,S Mai'Namaro B'l Marsh Mln 17 Mother l.ode (jo Mother Ijnan new tl Nlplssinc Onondavo ... . llochester Mines Itopo Group Sliver Klntr of ArU H Rllver I,ad Steward Mln CO Success Aim Tonopah Jlelmont .... Tono Divide Tonopah Midway Tonopah Mln Tonopah Mlzpah Tonopah Itesrue liula United Kastern West Knd C White Cops White Caps L'l . . Wllhert Terlnfton 17 :i 4 n : 31i 18H 8 4S 43 00 BANK CLEARINGS Runk eteArinars today compared with cor- eluded a resumption of operations nt responding day last two years the Arco nlunt of the Corn Product 172.n70.nn4 l(i7.isn,4: Iw !Hef.nlug Co. and predictions that other Sfee-.BSg;5Sft53g Atnm.nlh ,oUnZi Ivvorks would start grinaing as soon as . fti Silw.iSo ::.:'::: coal could bo ooiaineu. Receipts of tho new grain in the MONEY-LENDING RATES sample market were heavy. 1 xEW YORK Money on call, mixed IIONDS Allied Packers Cs. A T T V4 .... I It T 7s Swedish Oovt (i i! ,v, lli IJ', SI 21 & 10 20 4 4 ft rI: 18 18 ? ?H IS IN l-V 311 IS ll IS 13 n ! T V 4 4 85Vi 85 I7 09 OH 03Ti 3'i P3i 1) IS 3 4 n 3 all r.a 47 00 n 20 4 B4 'hi 7 IS 4 f 7 l Oats met with good buying by bulls and were firmer. There wus some sell ing by southwestern interests. Local professionals nnd pit traders were the best buyers. The market wun helped by the up turn in corn, higher priced for rye and light offerings from the country. Re ceipts were moderate. There was talk about a demand for export. Leadlnir futures ranged a follows: Com '",?; Low CToe, ,t?j Pc !?. H2 -2A i-SiV 1-Sii! 1.27VJ L2' 1.27H .... 7: l.SOVi 1.M Jan. May. .. oats Deo ... 72 May ... 73' I'ork Jan May . 33.20 Lard Dec. .... Jan. ...SJ.40 Illbs Jan. ..,18.80 Mr .. 18.85 BIO. 711 7a -; - 1 071 mi m 1 34.00 aa.oo 31.70 81 75 32.20 31.70 28.80 23.75 18 03 18 45 23.70 23.02 18.SO 18 IB 28.70 23.r,0 23.8B 23.30 18.5T 18.10 ; 18.67 18.12 collateral, opened today at 7 per cent for lending and j-enewlng.. The time money market was not in fluenced by the lower opening of call funds, but tho demand was reported to have gone off materially In consequence of the easier demand In rates. There wns very little business. Borne small lots of money were loaned tit 7M per cent for ninety days and 8 per cent for four to six months. In the other financial markets, in cluding prime mercantile paper and bank acceptances, the situation was un altered. PIIILAllKLPIIIA Call. (1 per cent: time, 0 per cent: commercial paper, three to six months, G?i per cent, and six months, D!J40 per cent. LONDON Money Is quoted at 4 ner cent. Discount rates, short bills. 5 8 per cent; three months, BTs0 per cent. LOCAL BANK LOANS REDUCED Excess Reserve Increases $1,886, 000 Deposits Are Lower Tho outstanding feature in the weekly statement of the Philadelphia Clearing House was a further contraction in loans and discounts, this item showing a drop of $11,503,000 ns compared with the corresponding week labt year. An incrcaso of $l,SSo,000 in tho excess re serve of the clearing hoine Institutions brings the total surplus to ?3,C28,000. Rank deposits showed a loss of $2,- 353,000, whilo in individual deposits i there was a decrease of $7,710,000. Details follow: ! ALL MEMHERS Nov. 24 '10 Loans 7l)7,B75.000 KxchfaCl'llousa .153.000 Due from banks .. ?I'R?3'!lS Hank deposits .... 147,217.000 Indlv. deposits .... 843,202.000 Time deposits .... 0,022,000 lies, with r. II. II. ., , .. legal depositories.. 87.438,000 Cash In vaults ... 15,011,000 Total reservo held . . 58,334,000 Ileserve required.. 64,700,000 KxceBS reservo ... . 3.028,000 MEMBUItS IlESEnVB SYSTEM Reserve held .... 165,123,000 11,337,000 Excess rccerve ... S.abH.OOO l,S83,ogo THUST C0MPAN1BB NOT MEMUEKS K.EHKKVK 8YHTEM Jleaerve held 88,211,000 J216.000 Excess reserve u. . zov.uuv vi.uuu In addition to the deposits above there were this week 412,402,000 uovernment do poslts against which no reserve Is required. Increase, U.S. GOVERNMENT BONDS ALL ISSUES $50, $100, $500, $1000 DENOMINATIONS MONTGOMERY & CO. NEW YORK 133 S. 4TH ST. PHILADELPHIA CHICAdO TELEPHONES) Hell. Lombard 4320. Keystone, Mala 2384 Uovrmment Securities Department Decrease 14,r,O3,0O0 3.708,000 069,000 2.855.000 7.710,000 13,000 1,087,000 418.000 1,121, 000" 705.000 l.ssa.ooti GIRL STUDENT SHOOTS Jealousy Causes Deed at Ohio Wea leyan University Delaware, 0 Nov. 2-1. The Shoot ing 'on Friday of Miss Gladys Hacey, nineteen years old, of Caldwell, O., a sopliomoro at Ohio AVesleyan Univer sity, was cleared up when Miss Blanche Davidson, a student living near Dela ware, confessed that she fired the shot, according to the police, after her arrest on a charge ot snooting with intent to kill. Miss Racey was shot while In the uni versity chapel, lloth girls were receiv ing attention from a young man ,nnd Jealousy was assigned si the reason for J the shooting by Miss Davidson. Short Talis io Investors II. How About The Rating? JOHN SMITH asks his banker to discount his note for $10,000. The banker does not know John Smith but agrees to look up Smith's "rating." If Smith's rating is satis factory he grants the loan. ANOTHER John Smith approaches the banker and asks him to invest $10,000 in a certain issue of bonds. Smith grows eloquent over their value and the banker invests in the bonds on the spot He never thinks to look up the "rating" on the bonds. PERHAPS the banker does not know that bonds and other investments are "rated" nowadays. But over two thousand banking institutions in this country do know it and they never buy bonds nowadays without first ascertaining John Moody's Tating" on the bonds. IF looking up the rating of borrowers is good banking practice, why is not looking up the rating on securities good investing practice? IT is. Write today and let us tell you more about it Moody's Investors Service JOIIN MOODY. JYnUnt 35 Nssna Street New York City , I cP . tA' i I I .
Significant historical Pennsylvania newspapers