V r 20 EVENING PUBLIC LEDGER PHILADELPHIA, TUESDAY, NOVEMBER 25, 1910 tf " ' - vv Foreign Government Bonds (AH Issues) 1 he faculties of our foreign offices enable us to give complete and tromt cable service. The present low rates of exchange afford in teresting opportunities for the purchase of these i securities. j PYNCHON & CO. j Member Xrw York Stock Exchange 111 Broadway New York 1 Drapen Gardens, Throgmorton St., E. C. LONDON K 12 Exchange Bldgi., 20 Place Vendome LIVERPOOL PARIS NEWS OF FINANCIAL WORLDNEW YORK AND PHILADELPHIA STOCK. QUOTATIONS Offices tu and private wirci to important cities of United States and Canada. RECOVERY CONTINUED, BUT TRADING STILL LISTLESS i ' Pool-Controlled Stocks Made Wider Gains, While Standard Issues Moved Within Narrow Limits NEW YORK STOCK EXCHANGE TRANSACTIONS Dlv. In $ Nei orl(, Nov. 2" While joilnv's Mock mnikct Knc further oiclcnrc of the Imprcnpd nituntinii which 1ms fol- t limcil thp oiialpr mniici roiulltlon, iipnYt fiom n llmltnl iuiihiht of punt controlled isups the greater pnrt ot the list imitiiiueit to drift MU within tile minc clritimpribpil nren , It n one of thp dullest clnjH Wall Ktnpt has exieiiciiccil In a Iouk while, juniMiliij; a corn inolnir tlcmointrntloii how complete speculative netllt lins been tlunttled In the batikfiiR interest nnil the IVilernl Itcscric iloiircl. full loan rnte opuiid lit 7 pi r i ent Inter icrpiIliiK tn l! pir tent Tills nuttirnlh imputed a .treiiKtheniiiK toni' to the Keneriil list, but It wits nppiirent mil ilToif wns innile to stlniuliite inntKet iMithiisinotn On the rontrim. most o tile lenillnc houses c uritlniied to ad ise inutloti. mid ii jrn ut immher opin Ij eiKoiiriKed piolit-tukini; on eerj hiibstnnti il nihnnte In ponserMitlM' ilrelis tin opinion is irenerullj olced easier tmine (onilitions aiionij be tPinpornr as tin le Is likelj to be nniithei tierlnd of Htrincint unmet minimum, minimi (lie 1L -l ii Copper shares were the nnlj note worthy evreptlons to the further ml -Minep of prnes at tlie openlnK. The usunl motor, oil. ntcel, equipment, food mid shipping lHiie were in moderate demand at riiIiim of 1 to It points. MIs lellauenus stocks mid line hsliicil spe elnlties also moMil with tlie popular industrials, but mils Bine no sign of (linking off their rieent apiltln I.nrli K.iins were miitiimllv extended within the llrst balf-hiMir undei lead of (ien erul Motors and l'leue-Arrow The maiket drifted ldl after the first impiin but ilulliiiss hnd no effnt upon the ndwtnee in tlie spei laities wlili Ii assumed brondi I illim nsliiiin (ieneriil Mntnrii extended Its Kitin tn f 1,'t point and n titer of that i Iiihs were ' to (I point iitKiii-r 1-eniiM ivnniii Senbnard Steel, Supciior Stitl and CbiriiRO Pneumatic Toui wire eonsplc lious 111 the pronounced ImproMMiient shown by nrillwiiih lnnetle Indus tilals Ueiilesentnthe i-ti els wer- Mlh stantiiilh lietter with equipment and shipping slimes. The i opper stoi ks iiin- tluuid henx Aiini'iindn falling s to Icolinecl "it to first of tlie ear when the mil of tlie enr illsburMinents en. v., mid Itmiiliiitlnii uiiu spun inputs me mine, ii I r,ii Jincii cup same ns in tin- prceeiliiiK i ,. i. i,i ,i,. K FREE of All Taxation Except Inheritance Taxes We Own and Offer BONDS Of the Above Description To Yield 4J-5 TPrile or rhrmc for hint and COcuturs jAacKie q Co. Investment Banker Real Estate Trutt Bide. Philadelphia M-sslon the market wns entlrel in the hand', of tlie professional and semi-pro fphKirituil traders, as pubiie Interist was pr.ii tlcnlh nil. Tills in loiiuti d fin tlie nirrow tnntcmcntH outside of the wider made order swiiics of the pool ron trolled spi laltieM The stai peifonneis wire prai tli alh the sftmp fntnilai Kinup which luiM- held the market llmi light cm r Mine the rieent iipw.ml swing was ilneked up witli the kiiiIiIqii jerk The luonntoii.v of the pirfoimauie wns pnrth rehewd b In let spuits In n few obscure spei iultles, upon which the trademarks of manipulation were m lousplcuous .is not to be nci looked ecti bj the uneduinted liiMiinn. n little tnll moii"t was being ofleied at l per cent, and the rate In iiitieepicne c ini mediated jumped back to 7 pel (i nt, the opening lenewnl rate Tills had the (fleet to curtail ti ailing but eiieptlng the rails, coppers and tlie loi al utilities, fttrtlici gains weie made In the eailv aftiinoon IScneiill Motors befoie 1 o clock extended IIn use to almost HO points, indicating the ercws wile still being iippllul to tlie belated short Intel ist The usunl profit taking oiiurred Intel. nme linders forfeiting mm ii or all of their ndwini e while others mounted higher. POOL STOCKS NEW TOP PRICES HELD ATTENTION REACHED ON CURB General Motors Does More Ex citing Stunts Trading Was Restrained Throughout MONEY SUPPLY TIGHT Tax Burd ens The citizens of all nations arc becoming accustomed to the heaiest taxation the world has known. Our Government lias en couraged the issuance of some securities by permit ting them to be free from certain 'taxes A judicious selection of these securities will provide safety with the highest yield possible from good investments. For brief descriptions of se curities of this kind send for our Circular Letter No. E-51. 6HANDLER4'G0MPAKY HMNtttH Franklin Hank Ilulldla riillndrlphla New Tnrlt llnnton New York, Evening Sun tnil.n s.-ns- The motor, most aitheh mirket, and 'o '2'i The New Voik s do'-ing liniiinl.il rniew $500,000 City of Phila. 3s Dua Decern bur 31, 1919 December 31, 1920 December 31, 1921 December 31, 1922 December 31, 1923 December 31, 1924 December 31, 1925 December 31, 1926 December 31, 1927 July I, 1930 Price: On Application tile and steel shares were bought in todin's "lock pi ice gaing among the motors in paiticular weie large At .'1(1(1, the top level readied bv (Jener.il Motors at miihlnv. that stoi k wns sell ing Sfi points above the low ligure to which It (hopped in the m.irket bleak of nearly a fortnight ago, nnd some fortv points below the maimum quotation of the j ear nttnined November fi, Advnnccs in the steel group ranged from a fun turn to "t points Hnldwin Locomotive wns bid up '2 points enrlv, but fulled tn hold l'lcssed Steel Car, Kellv Springfield Tire, Stiomberg Car bureter t'nited Stntes Kubbcr, Ameri can Woolen. Wnrthlngtnn Pump. N.i- .tlonal Aniline and Cliemiinl. American Tobacco, j:ndiiott-.Tohnsou and Inter national P.ipu were stiong spots Tlie nippers weie again lie.ivv within a nirrow Hinge. With the exception of Texns & Pacific, the railroad list wns unilei -ome pi i -.sure, mid trndlng in that department wns negligible. There was fniilv good outMclc huving In general in the industrial group, just enough in most cases to kiep the shoits on the alert for covering oppmtunlties. Trading was restrained throughout The Thanksgiving ncess coming on Thursdav the new session of Congress next week, which will be (nihil to giap pie with the peace tientv situation nnd the rnilroad legislation program, not to mention the coal strike di.ullnrk, tPnded to hold business In check It wns piett.v geniuiilv agreed that, were it not foi the huge -hort intcict built up in the interim since tlie violent break of two weeks ago, there mild i scareelv be the basis for bunvanc.v in the more higlih spemlitive Issups vviildi hns enabled the latter to spread them selves finm time to tune There was little perturbation over the conl matter bemuse tlie street wns con fident that if the miners and opeiators could not reach n compromise, the gov -ernment was prepared to take a liund Indeed it was understood thnt the ques tion would come up before the cabinet nt its nueting toduv and the vnrious offers submitted for consideration. Philadelphia Stocks Biddle & Henry 104 -SOUTH FIFTH STREET Wffl 1920 Be Like 1907? Will present conditions very like those existing in 1906 lead to a break and a slump in 1920 similar to the panic oM907? EABSON'S Speculative Bulletin of November 15th slvea you the plain, unbiased facts on our present situation and com pare! it with 1905. It Is a bulletin of vital Importance. With Its facts before you. You can see what's ahead and govern yourself accordingly. Report on Requeit A few copies of this Special Bulletin and full details of Babson'a Financial Service are available for distribution tu interested executives, gratis. Atk lor Bulletin 34 AA The Babson Statistical Organization WalUsUy Hill. Muss. Zargttl Organisation of Its Charadtr . In the World 22."i Ins Co of n Am . s x-,Vh an LV.0 Key Tel 1 1 1 :!.-. I,k Su C 2'J 004 I-eh N'av. 04 (J7(t I.eh Vnl. 4,'Vi lllch 100!) Am St. 42 47!) r.l Stor.143 1(1(1 tr.rie . 14 1(1(1 (ien As 12."i 2(K) do pf 111." 400 N Cen.. "0 10 N J Tr . 4. R02 Pn RU 42 4't Pn Suit . M) 100 tPieree-A 711 274 Phil P.lec 'Si RVi P R T tc 27 1111 Ph Tract 02 400 Ph & V 0 120 Ton Pel 2'H 07,r.Ton Miu. 2 200 Tn Trac .'is 1277 U G I... f.Ps 14 West C 74 10 Yk Rv nf 81 tNct rhnnBH mada by comparison with Iftet salo on New York Mock Lxchiinite Total salts 10.48H shares, compured with f.HKI nhares yesterday Thus fnr IhU eek in 121 shares Same period last week, 21, 2t 9 shares Sales In IIOM11 Net initio High Low Close chae. 10 K W & W ns ai ai 3i .. 10 II II T cons r.n fin mi fin ., 2 Int Rys 4a. .15 35 35 1 .1 Lch Vnl (Is 1004 100 '. 100 Vd.. 1 l'n Co conn 01 10-4 lOiJ.. 21)4- 211, : 0.1 oi ! 44 H 1H Nil Low C'lnp 1 hK 41-i 42 141 141 1 14 14 125 125 2 102 1112 13 70 70 15 45 . . 42 I2 !k 711 Vj SO Vi 70 70 1'n 24 25 .. 2(f4 204 02 02 . . I) 0 .. 2 214 2 24 37'i 3S .. 1 54 54 74 74 . . 81 81 . . Market Active and Strong, With Interest Again Center ing in Oils l ELK BASIN IN DEMAND New York, Nov. 25 New high 1 co ords were mnile in several stocks in to dnv's trading on tlie Ttrnnri Stieet Curb The niniket generally was active nnd -trniiR, with most interests nttached to the denlings in tlie petroleum group Houston Oil was strong, advancing from 14S to 155, and Interuntion il Pe troleum ndvnnced from 5574 to 57. I.lk Iinsln wns in good demnucl, with sales at SU to RU. The heaviest trading of the dnv wns in (Jeneial 1'leitric (new), issued nt tlie rate of 10 to 1 for the old stock. Dealings in the new stock during the foienoon amounted to more than 50 000 shares at .".7 to 40, equal to 100 foi the old stock. American Tobncco Securities wns stendv, selling at (14 to 05, nnd t'nitcil Retail C'ind.v movid up fiom 10'4 to 17'4- I'Oew also mnile n modiintc gain, witli trading nt 31 to 82 Cosden wns stentl.v. selling nt 10V4 to 10 (lineial Asphalt ranged from 12.-l, to 12(1 Tlieie wns a moderate amount nf business In Marconi of Americu nt 0al 0 Indian Packing sold at 1JIVI to .Sweets of Americn wns strong. SubmariuQ tr 1!) Hinging from 11 to 11"4. Hunt sold at 17Vj to 17. IMIl STKIAI.S HlKh Vlner Marronl . n'i Vmnr Tohsrco Sec . in Vmil Tire tnrp l'ii' mer siti tv lliznr is'i Hrltlwh-Xnier Tobinn coup 2t, Car LlJIit 3H I)nfn( nustleo U i (.cneral AKphult . ljn Hljrlen Ch'm ... 7'i Hunp Vlotnrs , Wi llenrtee it' .. 411 Indian Ticklne .. 1HU Ii, ch Inc ... nji Loft Inc . . . 2V4 Mercer Milors ... '17 nwrlnnc! Tiro . -JH I'erftrilon Tire V Hoot Vandervort ... . B4S Submnrlne Jloat 17H surds Co . . . . Jlr4 U S J-'te-im .... 4 tln'ted n t Candy 17'i t'nited I'ront Sharlns . 2H fnlud I'll t I'rod l.'tS Vanndlum teej I1J VVavne Coal . ."'-i World Him S STM)HI) Anclo-Amer OU ... Ohio Oil rralrle ripe l.lno siani cjii or in nana IMJKPKNPKXT Mllanre Oil Allied Oil Vmil Hotalty Arltex Oil Harnett oil (Ha Ilnatnn VVonillnr . . . Canadian Amer OU . . riirtn Kn Clrelo (III Oltlcn Service "IT etts Ccinden & Co I IK llasln r-el .. Psmernlda Oil . Federal OH (Iilffe) OllleHple Houston CJI1 . Inter Tetroleum Island oil I Ulnrston . ... Vlaraialho ... . Meslcun Pan Omar Oil orient oil .. Pennnrk Oil . PhllllPH Petroleum Prndueers & llellners , Hlrknrd Tex lln OH 1efiunah Qll Shell Trnni-port hlmina Petroleum pencnr Petroleum Texas nimrer Texaa Co v 1 Tropical Oil Victoria Oil now Vulcan Oil . . hlts Oil .. il1. 114 JSJ4 2 I. 11" l.T.V, 14s, IS 111 ai 37 n4-ii 17 It 44 111 .'H 1J '.sv. Oil. STOrK'. i7r, 174 nn en", Tin 710 4V.S, 3 rhlln Elee 1st ("n . . C Reading gen 4s 1 Un Rvb t e 4s 01 R0 no 01 01 804 50 01 .. 01.. KO'K CO .. Ponds, t cVOO, i nus SALESMAN "United State or Abroad Oentlftuan. 40. sines 10 Oentlerun 1 MiSfctian f Bretwn(Mm Uepurtment o aHsarM W'wa" enange, ears manaaer larg concern vestsrday. Same period lart week. compared with rar mis weuK, S70,1UU, $28 sun 1113.300 1 stisAn'm". Cloverseed Toledo, O., Nov. 21 Cloverseed, prime, cash, 180 do: November, IHft (lOi Uece'nher, ISO S3; January, JSO.Sai February, t3U,T0 March, 130.00 Alslke. prime, caah 3l.25 Oecembsr, 131 2A March 131. Timothy, 1 rime eaah. 1017. IS 10- cash lfllft. IS JO: sa.svi iiarcn, OILS "9 tin 2'n, 4si4 4'. 4111, 10"! 8' Mi 1 IN 111 11 MS 74 11?. II i!r4 20 m .'fi 'Is 0 80V4 4-; lo'J sit .is. 14'. IIS r.'. 7 2s 2si, ,! 74H 11 II II RlC' 4II'4 in'; an 20 i Ki:nAplaip,1 I...... apeaka eoeh. Hpaniih . caah 1011). IS Ail I Dscember, jjkuuuk QjryicK. ua.oi;; Apru. o ou. MININH Alaeka-TIr Col Arlsena Silver .. .. Atlanta Ilooth ... Calerl Mlnlni Candelarla Mln Crescent Macamnra . .. 4n Mlnlmr naldneld Cona Hecla Mlnlns Ixiulslana Co MacNamara Marsh M'ln Nevada Ophlr . ,. N'lplsulnc Onondairo rtochester Mines Hope Oroup silver Kln of Arizona Huccesa Mining Tonopah I.st Tonopah V.xt Tonopah Mlspah Tonopah Rescue Hula United Kastern West Knd Con Whit. Caps Wllbert . . .... Yerlnvton , . . ... , nnNns A T ft T (Is, '52 , , , A T . '24 ,. ....J. c d c c t st r, 6s..'.... CoDsnhaa-en SVis , ...... 1 n h. W- ...... HwSdlsh afvt it' 1 '!J 1 rv n 2T 27 M 3l" Jtt 2S IS 17 :t4 su MA J 44 4S 20 211 lit 11 2. 2 21 2.1 . -11 SH 2S f fH in in 4 8 ift 7 4 11V Uwlu Govt 6s ......., uUl IS 10 1 I S8'4 M Last rt'4 niv, 1'iM lsV, -'ii . 1 l'.il IIS 19 m 2T "i 17'. m. 4 7U' U lll. 114 a It TV. ,ll4 HI; J7.J 74'i 1 IS J II nH .0 20 1 m 20 14 "It ant; IV. n 27M 311 2H IT IVi n 41 211 IP 4 r in .IS 4 Pales 200 100 .'.00 200 two 400 101) SODo 700 4000 tlOO lsoo 300 100 1500 .100 500 000 COO .100 A000 2100 JM0O (1S0O 2000 1200 000 too 3110 700 900 500 .1700 100 10,100 100 3700 100 lr.oo 300 300 100 .1100 100 200 loo .10100 200 1500 01)0 2.1 110 200 5110 100 20100 iooo 2S00 400 200 100 100 300 300 2100 100 400 1S00 ino isoo 2100 700 oco 1400 1)00 soo ) 200 100 200 200 1100 1500 800 200 6500 3100 I 100 400 800 1500 1500 000 .1100 100 8100 30(1 500 '210 600 100 400 100 700 400 Cl'IO oioo ; 100 500 200 100 2000 15111) 100 5100 3110 100 dOO 000 17J10 01)0 1300 1R00 400 SOOO lino 600 300 400 200 too 1000 3000 5i)D C510 100 200 3000 2200 1200 5100 100 4000 100 400 200 1100 8 8 7 U 4 0 .80 0 Advnnco rtumely ... dvnnco Tlumely pf , Ajar Rubber . , . Alaska Oold Mlnca . Alaska Junenu (J M . All's-Chalmern Am Agrlo Chem pf . Am licet Sugar Am liosch Mngncto.. American Cjnn American Can pf . . . Am Cur & I'dy Am Cotton Oil Am Cotton Oil pf . . . Am Druggist Syn . . Am Impress Am Illno as U'lither 7 Am Hlrtn & I.cath pf. American Ico . . 0 American Ico pf 0 Am Internal Corp . . i Am unseed (I Am Incomntlvo Am .Ship & Commerce Am Smelt & Ilcf . . Am .Sugar Ilcf Am Steel Foundries Am Steel Fdries pf Am Sumatra Tobncco Am Tel & Tel . ... Am Toliacco . . . . Am Tobacco pf now Am Woolen Am Woolen pf Anaconda Copper . . . Assets Itcillz.itlon High 41 . 71ft . 80 M . VA . 25i 43 ii . 06 & . 07H .127 ioim .137M . 62 . 03 . 13H 00 32 V, .121K2 47 7 .114yi . 7214 07 H 31 H (iiy 140! 42 ii 01 02 1110 202 10014 12I4 10.1 Oil's 6 Low 41 71 Ji so y, 2H 215 424 OflyJ 05K 6414 101 H 130 H 52 01 UK .1214 125 40 HO 111 70 K 05 V4 .10 H on 137 H 4l 03 Asso Dry (looclH 584 6 Assocl ited OU . . Ill Atch Top & Santa Fc 88 H 6 Atch Top S I' tit . 70 Atlintn, Illi in & Alt 0 7 Atlantla Conxt Ijlne .. 911's 10 Atl Cult & W J . 175 6 Atl Clulf &. W I pf 70 Auto S.iIch teni ctfs . OOFs 3 Auto Kales tc in ctfs pf 20 Hnldwin Loco . 114 7 Ilnlihvlit Loco pf . 101'4 . Unltlmoru & Oh o 37 V 4 Il.iltlmuro A: Ohio pf 417s 8 llnrrett 1 Ilitopllni Mining . Wt .. Hethlehem Motors . . 3414 6 licthkhcni Steel . . . 0i 5 Ilcllilehcm Steel U . . . OS's . Ilooth Fisheries .. . 1114 niltlyn Kipld Transit 18 . Bklvn It Tctfs of dtp 13 Hi ooMvn Union CSas . CO 7 llroivn Shoo pf .. 0?i .60 Hutto Copper & Zinc. OH .. Hultn & .Superior Cop 21M Cnddo Ccnttnl O & H 27J'S Callfornf.v I'tti oleum . 47 yi 2 Calumet it Allzon.v . C4'4 10 Cimillm I'aoinn . . 14C& S Cintral Leather 00'4 7 Cintral Leather pf 110J4 4 Cerro dn 1'nsco Cop . . 60 8 Chnmller Motori . . 1214 4 rhesapc.iko X. Ohio . 6714 CliU igo (It Western . 0 . . Chi M 1 .1 St Paul . 42V4 . Chi Mil & St Paul pf 02 Yt 7 Chi A Northwestern . Olyo 8 CM & Northwest pf 123 0 Chi PnuemiUlo Tool 10714 Chi Itock lsl Si P.io .. 2714 0 Chi H I & Pna Cc pf "1 . Chlhi Copper 10 3 chlno Copper SO1 . Coc i-C'nla .... 40 X Colorado Fuel A. Iron 4114 1 Col liriphophuno .... C5J4 4 Columh tint & l-leo . . CO 4 Com p Tab lliuitd .... 65 7 Consolidated Gnt .... 007, Consolld ited Textile .. 35 7 Continental Can 03' . Continental Candy .. 13y4 Con Interetnto Cnl M. 18 . Corn Products ltd. . . 8H 7 Corn Products Ref pf 10714 12 Crucltilo Steel 2il 7 Cruclblo Steel pf ....lot 10 cuban-Amer Sugar . . 375 Cuba Cano Sugnr . .. 18 7 Cuba Cano Sugar pf . 8314 7 Deero & Co pf . . .. 100! 0 Delavvarn & Hudson 101 10 Pel Lack .: Western .184 .. Denver & II G pf ....16 Domo Mines 13V4 3 i:i! Horn Coal 30 .50 Hndlcott Johnson ....140 7 Hncllcott-Jobnson pf 10(1 .. :rlo 15's . Krlo 2d pf 1714 rnlrb.inks 80 8 Famous Plavers-Ij .. 00 Fnmous Plajers rts . 2'rciler.il Mln & Sin pf 20V4 . Flsk Hubucr 3H 3 Onston, Wm & Wis . 20(4 0 (lenernl Chem pf ..101 0 General Clear 71H 8 General Hlectrid . ..171V4 it General Motort .... """ 0 Gen Motors pf 0214 0 Gen Motors deb .... 00'4 4 Goodrich B F 82', .. Granliy ConBol M & S 58 14 7 Great Northern pf 81 4 Gt Northern Ore Ctfs 40 .. Grceno Cannnea Cop . 374 . Gulf States Steel . . 00 5 Hnrtman Corp . . . 91 4 Haskell & Barker Car. 00H lIomcstfKk Mining .. 6814 7 Illinois Central . . 0i'4 0 Insp ration Con Cop 61 '4 .. Intel boro Con .... 5 .. Inter Con pf 1 O' Int Harvester .. .. "114 7 Int Harvester pf new. 11514 Int Mer Marine 63J4 0 Int Mer Marino pf .. 10C4 . International Nickel . . 25 . International Taper .. 714 0 International Salt ... 0014 . Iron Products ' Jewel Tea MM 2 Jones llros Tea . 31 Kansas City Southern 1H 4 KUIv -Springfield Tire 13015 00 100 257 00 12(1 101 60 W 5 56 111 8H 70 0 0414 ir.0 70 ir 14 20 lion 10.1'. 174 4014 121 114 32 02 00 14 10'4 1214 67 09 OH 21 Yl 27 Vi 4014 (11 A ll.Vi 00 110H 57 11814 6714 0 4114 01 00 121 10714 27 H 01 io 14 35 40 41 1!4 (14 51 00 35l4 0014 12 17'4 8.1 14 10714 215 10014 300 47y4 83'4 loo J4 lOiyj 184 15 11 2814 13814 10(1 14 17 K 80 02 14 29 Vz 43 10!4 101 72 ld!4 318 ai'A oo 8114 67 82 .19 37 no 90 C0'4 0814 9 iii 51 3 12 11214 115(4 tl 105 24 70 co 14 4214 23 30 17 137 Today's Net Close ChKC 41 - Yl 71 4- 80 41H 0014 9514 127 -t- 5514 62 01 13 W oo 32 135 47 07 in 7214 05- 30 01 - 1.17H- 41 in it H i 114 114 V 214 5 H a iw A l 2M 14 2 Dlv. in t (Bates 800 0000 0700 4900 GOO 1500 2000 3.60 2 .20 G Kelsey Wheel ... 00 Kennecott Copper . . 20 Keystono Tire & Uub. 61 Lncknwnnna Steel ... 90 Irfo Iluhber & Tiro .. 35 Leo Rubber rts 14 Itlth Loir 7 1.76 0 814 V, A 1 'i 1 14 - l 92 100 200 09 -127 103 00 6 55 -111 88 - 79 9 04- 17314 4'4 70 1 1 29 111- 105'4 3714- 4914 121 - 114- 31 92 - 0014 14 1014- 1 1214- 14 57-2 oo- 14 9- yi 2114 .. 2714 4014 i.4'4 14514 97 11014 67- 120 5714 9 -1114-61-00- 121- 10714 37 61 10 30 -40 -4114 6414 CI -55 90 -3114- 0014- 1314 18 8.114- 10714 215 10014 375 - 200 100 .100 100 1100 100 100 400 100 600 3S00 700 500 7000 4000 000 200 2100 800 500 600 100 6000 200 100 .1000 2000 300 ill) 100 5 400 1.50 0 Hi H 14 114 I 14 1 !4 314 in 14 n H n in i 214 4 1 14 114 1 n 14 1 1 1 ia in 8314 10014-10214-184 - 15- 1314 2814 14C r 100 11 nn- 8G 92- '4 2914 41 20 n- 101 7i'4 K,oi4 .10414-1 9414 99 82 n 57 - 82 40 37 -C6 91 con 6814 - 132 n 4 11514 6.1 100 25 71 0014 23 31 17 1.1914 14 14 3(4 n 114 7J4 14 1 14 4 n 1J4 14 214 n i i 'J 114 1 n h 'A 'A loo 10 .' 100 1600 5 2800 300 7 100 4 100 1400 7 700 5 4100 4 5S00 .50 400 100 5 100 lliOO 300 3 100 7 200 5 100 1 6200 A 6100 11700 . 2010 3 00 100 400 I 300 6 94400 1200 8 700 D 100 8 600 5 t')0 6 600 201) 4 600 1 6100 8 1100 8 2(00 5 300 8 800 2 21100 C 3900 4 1000 4 600 10800 8.70 2100 200 8 1200 G 100 .. 100 21000 litoo n 700 5 100 9800 4 52700 7 1300 5 1200 3 1100 2400 10 700 3300 200 2500 0 200 7 0100 1000 5 200 8 200 0 100 7 2G00 .. 4700 10 SOO 4 300 4 1600 10 200 w 29200 1500 100 5 500 2 3800 8 500 C7400 8 &200 6 200 3.50 37600 6 600 7 3(00 G 100 4 100 8 1100 1400 1200 4 100 100 CQ100 4 200 7 19000 4 600 0 .100 100 5 6100 1 10600 100 0 200 Ux dlvli 14'4 24 64 S8 110 Lehigh Valley 4E 7 Liggett & Mcrs pf .111 . Loosc-Wlles Mncult . 72 12 Ixirlllnrd P Tobncco 180 7 Lorlllarcl Tob pf 118 Manhattan niev guar. 48 Mnnlnttan Shirt .... 31 Mnrlln Rockwell 05 Maxwell Motor 43 Max Motors ctfs . ...4214 Maxwell Mot 1st pf . 68)4 Mex'cin Petroleum ..206 Miami Copper 21 Minn StP&HStM., 81 Middle! States Corp . 02 Mldvalo Steel & Ord . 62 Missouri Kan & Tex., 11 Mo ian fi Tex pf . . 1014 Missouri Pacific .... 2714 Missouri Pacific pf .. 40 Montana Power 67 Mulllns Body 40 National Acmo 3" Nat Aniline & Chom . Il Nat Anlllno & Ch pf. 80 Nnsh Chat S. St I . .IIVA Nat Conduit & Cable 11 Nnt Knnm & Stamp.. Sin Nat U It ot Mex 2d pf. 6 National Lend 81 National Cloak & S .77 Nevada Con Copper . 15 n New' York Air Hrnko 120 New Or Tex & Mex . 4614 New York Central . . . 72 New York N II & H.. 34 Norfolk H Western 100 V Norfolk & Western pf . 07 Norfolk S. Southern ... 13 Northern Pacific 85 Nova Scotli S C .... 7714 Ohio Cities Gas 5.1J4 Oklahoma Pro & lief 10 Ontario Sliver Mining 11 n Otlt Hlevator 139 Otis i:ievator pf ... 00 Otis Steel 37 Owens nottllng Mach. con Owens Hottlo pf 101 Pacific Gas &. Hlec ... 6114 Pacific1 Mall 37 trnn-Amcr Petrol & T. 10914 Pan-Amer Pet rts ... I'onn Seaboard Steel . 39 n Pennsylvania 42 Peoples Gns Chicago . 3814 Peoria fc Hostesn .. Pero Marquette 1'cro Marci prior pf . Plercc-Arrovv Motor Plerce-Arrovv Mot pf Plerco Oil 19 Plcrco Oil pf 104 Pittsburgh Coal of Pa. 03 1'lttBliurgn Coal pf ... 90 Pittsburgh & W Va. . . 29 Pitt C C & St L. ... C9 I'ond Creek Coal 2114 Pressed Steel Car .. 104)4 Pullman 120 Funta Alegro Sugar . . 83 Hallway Steel Spring. 99 Hay Consol Cop 21 Ttepub Iron & Steel ..110 Itepub Motor Truck .. 60 Heading 7on Remington Typewrit . 87 Hoal Dutch NY ....103 Saon Motor 16 Se.irs-lloebuck 218 Slots Shell S & I .... 74 St L San Fran 17 St Louis Southw pf . 27 Sinclair Consol Oil ..'. 50 Southern Paolflo .... 98 Southern Hallway .... 24 Southern Hy pf 00 Strombcrg Carb 83yj Studebaker 122n Stutz Motor H7J4 Superloi Steel 47 Tenn Cop & Chem .. 11 Texas Co 30in Texas Co rts 60 Texas & Pacific! 47 Third Avenue 14J4 Tobacco Products .... 85 Tobacco Products pf . . 98 Transcontinental Oil . 63n Transuo & Wms Steel 04 Underwood Typewrit. 19414 Union Hag & Paper 91 United ETUg 14314 Union Oil 40 Union Paclfla 12014 Union Pnclflo pf . . . . 08 United Alloy Steel .. 6214 United Fruit 211 United Hy Invest pf . 18 United Retail Stores . 04 n U S C I P & Fdry .. 24n U S C I P & Fdry pf 50 n U S Food Prod 70 U h Ind Alcohol 100 U S P.ealtv & Imp ... 40 U S Rubber 125 U S Smelting H & M. 7sn V S Smelt H & M pf 48 U S Steel 105 U S Meel pf 114 I'tah Copper 77 Va Carolina Chem ... 69 Va Car Chem pf ... 11.114 Wabash 8 W.ih.isu pr A 2S Westlnghouse Ti He hi. 54 western Maryland . Western Paclflo . . Western Paclllc pf . Western Union Tel White Motor Wheeling & Ij F.rlo Wheel & I. Urlo pf Wilson & Co Willys-Overland .. Woithlngton Pump . Worth Pump pf H, . iv ens laigo j;xp tlJx rlshta 12 2314 55 n 87 70 14 21 79 31 60 76 50 84 n 29 49 87 34 u 43 no a 72 186 115 44 33 115 41H 42 67 202" 23 82 00 61 11 10 27 45 60 45 30 . 04 89 112 i2 79 0 SIM 77 15 120 45 72 31 ioon 07 13 84 70 50 9 ii n 1.19 00 30 0 101 Gl 37 107 31 43 38 U'A 24 61 79 109 18 104 02 00 29 68 it 101 117 90 98 20 107 55 78 n 84 101 1 218 73 17 27 40 07 24 60 78 118 110 45 11 29(1 C6 40 13 81 98 62 62 104 95 143 39 127 67 52 207 18 91 22 50 70 105 42 m 76 48 104 113 75 69 111 8 27 5.1 tt 23 55 n 87 7 14 21 79 31 89 76 56 Today's Net Closa Ch 000 39 51 87 31 - n- - 110 72 181 0 115 44 31 65 -UM 42 68 203 51 - it n 16 27 -15-67 -16-3G oi n 89 nn- 12- 80 0 81 77 -15-120-41-72 -31 - ioon 07 13 -84 -70 60 lt 119 0(1 37 60 - 101 0114 37 ii n - 21 -04 - 1 1 1 0 n i n "n 2 'i "n i i 2 n 'i? i n n 6 n n 8810 100 10 101 62 n- 90 - 29- 68 22 - 103 118 - 01 09 20- 108 00 78 n - 87 102 H 218 73 17 27 -19 60 1 8in 1 121 3 ii7 sn 17 11- 299 00 -46 13 85 0S n - 19110J4 95 143 .19 - 127 68 52 205 17 94 2.1 50 - 76- 105 11 124 77 48 104- 114 75 CO 113 12 -23 J4- 55 n 87- n in 3 n 1M 1 2 1 n 0 3 1 " 14 n i 3 1 Ks 'in 1 1 1 " 4 3 1 A l l 1 1 h 70 3 14 n 31 - 79 31 90 -70 -50 MONEY-LENDING RATES NHW YORK Monev on mil. on call, hot i mlypil collntenil and all intlustiinl col- llateial, opened toilaj at 7 per cent for lending nnd tcnevvini;. Tlie time iiinne.v mniuct tod.iv wns vcrj slow. Tlie demand nt asking fig ures was limited, but hrnkeis reported that there would be n good inqulrv nt ,7 per cent on industrials A few lonns were mntlc for two nnd three mouths todnj on indiistiiuls nt 7tcK per nnt Some small ninounts nlso Innueil cm a luixtme of cnllnteinl nt 0 per cuit, I'riine mercantile paper Is quiet nt 5 per cent Prime bank ncceptnncrt snow siignti tiiinnsiil ilculliiL's nt unchniiced mtes. JKIIIIUI! I'HIIADEI.IMIIA Call, (1 per cent ; I Philadelphia tunc, u per ceui ; (ouiincicnii paper tluee to six months, fivi per cent, un six months. (iTicctu per rent, Ichlcaio . - - .... ,- , PI. .Aula dihles and 11 fl." for ('hoiks. The vvonU neN m lire was ntiihiitnhle to the un hettlcd piesent politic nl conditions In Italv (Sterling shaded to -1.05 for demand and l.Oti ft for cables, Reserve Banks' Discount Rates Ofiiclnl discount rates nt the twelve reclernl Reserve hanks were ns follows: (The Hist (olumn gives mtes for nil periods up to nnd including' a hftcen dav liiuturltj ; the second for n period of sixteen to ninety daH. The third nnd fourth columns give rates for lc dlscouuts of collateral lonns secured by government bonds or notes.) Com'l paper Gov't paper 10 to 00 10 tn till 10 cla an 13 clay ui 4 4Vt 4 .j. lllchmord 414 1 .L'levelnnd . . 4VI n'l Atlanta . .. . 4S 06 H 11 o 2 83 Mi on (OH LONDON Money is quoted nt i per icnt. Discount rates, short hills, fi(cil! pet cent; three months' bills, )(7i (I per rent. FOREIGN EXCHANGE New Yiiih, Nov. 1!." Opening quota tions for foieign exchaiiKC vveie liijlier this morning Franc, Hi p. sterling nnd ninrks were Mightlv higher The market wns mid to reflect operations in Lon don. After thp very flint figures, the tone became slightly easier. Opening rpiotntions were" Dcmnuil sterling 4.00, cables 4.07 : frnne cables 0.0(1, checks l (IS lire 11. KI, (hecks 11.8,1; Swiss cables fi 40, checks 5,48, guilder cables .'18, rheclts !i" 7S j pesetas cables 20.0,1, checks 10.00 j (Stockholm cables KJ.ot), checks 22.0.1; riirlstlanla cables 22.0,1, checks 21.00; Copenhagen cables 20 40, checks 20 2,1 ; Belgian cables 11.0S, checks 0.10; mnrk cables 2,154, checks 2.52 In the cnrly nfterhoon, tho foreign exchnngp market vvcakeneel lesulting in a decline of a full cent in sterling. The other classes of exchange vvere irregularly lower, Italian exchange) de- Minneapolis 4 4 Hi 4 4-ti 4. 4i is VH 4 4 V 41 4J4 4 4i 4'1 ll. 4'I 411 4 4Vi 4 4li NEW YORK COFFEE MARKET New York, Nov. 2.1. It would seem from the continued sharp brenks in Santos thnt the coffee innrket was at last going through a period of read justment. For a long while Santos rofTees hnvo been held ut a big mcinium over Rins nnd, whllft highly desired, Santos are still bringing full prices, There are in dications thnt Santos holders desire to move largo stocks of poorer selec tion. The locnl mnrket steadied up nfter the mil nnd much of the early loss wns regained. Test Today's clnaft onen ... lB.OflfflnO Ml.TO , ... IB BS&MI Ml! 4 J .... 18.61007 MB 64 ,,, 1B.S0P82 MB 111 ,.1. 16.59081 15.41 Decern her March . iay Juv BepUmbsr nid Bid 11 00 IS on lfi.BU Legion Pott Against Rum Ban Amerlcnn Legion I'ost 240, nt a meeting nt 1037' South Rrond street, pnssid resolutions Urging that the eighteenth amendment be- repealed nnd dined to" 12, but Willed' to 11.03 for for their stand oa the lcarne ol nation, rate, FINANCIAL BRIEFS i William A. Law. president of the Fust National Rank, is spending n short vncntinn in Xmth Carolina, vvliere he and fi lends arc shooting wild tur key and quail. There has been placed on the regular list of tin. Philadelphia Stock Exchange ?,1S,.ri()0 additional (lenernl .Asphalt (oininnn stock issued in exchnngp for $311,000 pieferied, nnd nlso listed Sfi4, 0.10 Philadelphia Rapid Transit voting trust certificates. Liverpool Cotton Liverpool, Nov. 2.1. There wns a fair inquiry for spot cotton todny on the basis of nn advance of CO points for middling nt 24.7M. Snlcs were SOOO bales, .'teceipts 10,000 hales, in cluding 2700 bales American, Futures vvere steady in the curjy dealings. Spot piices vvere; American, middling fair, 20.r,Sd; good middling, 20.fild ; fullj middling 2.1.01d; middling, 2i.71d; low middling, 22.4fld; good ordinnry, 20.,11(1; ordinary, 10,!U1. on Paris Bourse , l'rlces vvere weak Prices Weak Pi-ris. Nov. 2J on the Roursc today, owing to (ler niany's delay over the tdgniiig of the piotorol. Three per cent lentes were quoted nt 00 fiancs 20 centimes; ex change nn London, 30 frntics 10 cen times; ii per cent loan, 87 francs M) centimes, The dollar was quoted at 0 fi nncs 00 centimes, Shore Teachers Ask Salary Boost Atlantic City, Nov. 25. Atlantic City nnd county teachers have mado a formal demand for an Incieaso In sal ary of approximately 40 per cent. Tlie matter 4s now before tho board of edu. cation. The advance aggregates $200, 000, and means that If granted, twenty- two points vvfu oe auucq to me, tax LITTLE MORE ANIMATION IN THE LOCAL TRADING 1 Renewed Buying Movement in American Stores Market Thin for General Asphalt Preferred Trading In tho local stocks was con siderably more animated today. The volume of business wns nlso not onlv appreciably Inrger but the operations were nlso much better distributed. The results were mixed, reflection, in n mensure. Increnslng professionalism of the dealings. The mnrket hnd n number of strong snots somp soft and some very thin. Hie Intter condition applied principally to recent exploited specialties. General Asphalt preferred furnishing a convinc ing illustration In its .$13 drop to 102 on offering of only 200 shares. Tho common nt tho same time jleldpcl. United I fins Improvement nnd Phila delphia Rapid Transit were the more noticeable soft spots. The first numed ran into n fresh wave of liquidation with nearly 1J0O shares being thrown on the market during the session, most of which rcadllv absoibed at fi4. Philadel phia Rnpld Transit for some occult rea son fell .'s to 20')4. American Stores nnd Lake Superior Corporation furnished the strong spots. A much wider inqnirj developed for the latter, which elevnted the stock to 22, or 7") cents above jesterdny's finnl snip. In Amerlcnn Stores there was a con tinuation of tho same significant bin lug observed in tho preceding sessions, which also raised the price 75 cents to 2, or within a smnil fraction of the iccent high-record price. The action of tile stock superficially would seem to confirm the recent reports of the di rectors placing In on the dividend-paying list. A number of inactive shnrcs mndo their appearance, with transactions nt tho same price ns the previous snlcs. These included New .Tersej Traction, which wns tnken nt 4fi ; Philadelphia nnd Western nt 0, Westmoreland Coal at 74 and Philadelphia Traction nt 02. FrnctlnnnI shading of Tonopnh Rel mont nnd Tonopnh Mining seemed little short of pnrndoxienl in fnee of the rec ord price? nttnined for bar silver nnd the world-wide hungry demand for the white metal. According to the bmrd leports there wns continued smnll investment bujing of Pennsylvnnln Railroad On the oth er hnnd. dribbling liquidation wns ob sprvpcl in Lehigh Nuvigntion which was on tap at 04. Much of the selling of former stnid locnl investment ohnres is explnlned in the ilUndvised purchases bv mnny in experienced people of the fly-by-night oil nnd mining shnres. Against the frank ndvico of brokers mnnv people of limited means hnve sacrificed good sea soned dividend-tin ing issues in order to tnke fliers in the speculntlvo cnts nnd dogs'. An illustration was furnished todny by the experience of one of most con servntlvo houses on the" street. A lady dlcnt a few months ngo having some money for investment cnllcd upon the broker in question for ndvicc. Slip wns furnished n list nf good sound securities: fiom which to mnkc choice. Having not heard from her nnd hav ing n personal interest in her ense, the broker asked her to call at the office. Much to his grent surprise, when he questioned her ns to the disposal of the funds, slip Informed him that on the ndvicc of n relntion she hnd bought some Oenernl Motors nnd hnd cleaned up over $4000 in the transaction. The mnklng of this quick profit wm nil right, the broker snld, but the trouble wns it left behind an nppetite which would make the lady vulnerable to the snnres of the numerous market wolfs, who nre lenving no stones un4 turned to have such unsuspecting people separate themselves from their good money in bujing worthless securities, Thero arc undoubtedly n multitude who hnve hnd the snme experience ns this lady. It means dnys of great ro gret, loss of income and loss of prin cipal. BANK CLEARINGS Bank cleartnuft today compared with cor rospondlnir day last two years loin IPls 1017 rhlla. ..J7B.905.nt7 (17 R77.S0S r,i 4SC1.1SS. ltoston.. 71 nor,. 411 C!(t Q7C) Oftn n ciot njn N Y...1 010,07.c 1107 071,001,082 (I0S.1O4.81O Lehigh Valley Terminal Guaranteed 1st 5s, 1041 Kansas City Terminal Guaranteed 1st 4s, 1960 EDWARD V. KANE & CO.- Morris IUlilding ir Long experience and numer ous well-established connections with leading bankers throughout the world enable us to render unexcelled service to those en gaged in the import and export business. Exceptional facilities for trans actions with Latin-American countries. Foreign exchange in all its branches. Steamship tickets sold over all lines, and tours arranged without charge. CONFERENCES INVITED Fourth Street National Bank 131-145 South Fourth Street Capital, Surplus and Profits over $10,000,000 U. S. Liberty Bonds All Issues Bought and Sold $50 $100 $500 $1000 Graham. Parsons &Co. W5 CHESTNUT STREET Philadelphia iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiniiiiii'iiiiiiiiiiiiwiiiiiiiiiiiiiiiiiiitiiiiiiiiiiiiiiiiiiiiiiiiu Let us be your financial advisers Is it consistent to consult a doctor about your health, a lawyer about legal matters and then to go entirely on your own judgment in your financial affairs? Our business is finance. Our pleasure is to give our patrons the benefit of our experience in selecting investments best Buited to their individual needs. Feel free to call upon us without obligation. EST & CO. 1417 CHESTNUT STREET Mtmliwra New York Mock Kxchante Philadelphia Stock Kiclmnie Wo Always Have on Hand LUt ot High Grade Bond Corratpondanca Invited Iniiiiiiiiiiiiliiiiiiliiiiiiiiiiiiiiiiiiiiiiiiniiiliiiiiiiiiniiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiriiifl i b hu
Significant historical Pennsylvania newspapers