ft' Vj 3 1
3d
fiVENiyfl PUBLIC IEpGEB-PHILADELPHIA', FRIDAY, DECEMBER 19, 1919
NEWS OF FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK QUOTATIONS
Send for This Useful
Primer For Investors
To help Inexperienced in
vestors wo have prepared a
littlo booklet "What You
Should Know About Invest
ment" It is easy to read, easy
to understand. It contains
answers to many important
questions about securities. It
will be sent to you free on re
quest for P.E.-269.
The National Gty
Company
CotTfipondenl Offictt in octr 50 Cit'tti
PoiUtMpnia 1421 Cbettnst St.
Atlantic City CMfonte Black
1225 Boardwalk
l'i
The Great Wealth of
American Corporations
is indicated by the
number of issues of
securities that have
been called for pay
ment recently long
before they were due.
It would seem that
the securities still out
standing of these cor
porations are worthy
of careful considera
tion, especially as the
income returns con
tinue to be so liberal.
Write for our recommendations
Hemphill, Noyes & Co.
Members New York Stock Exchange
Franklin Bk. Bldg., Philadelphia
Nfew York Boston Scranton
LIBERTY
OND
$50, $100, $1000
Bought Sold
Recommended for Investment
Newburger, Henderson & Loeb
UAVKKUS
1410 CHESTNUT STREET
Blcsobexs J. X. Si 1'hUtt. BtucM Ex.
chance
STOCK PRICES MOVE UP
AS SHORTS BEAT RETREAT
Oils, Motors and Other Highly Speculative Shares Led the
Forward Movement
New York, Doc 1!). "While rctnin
iiiR its highly professional character to
day's stock innrket developed n tone of
decided stieiiKth. Tcehuluil conditions
unquestionably accounted for tills fresh
upward turn, ns there wis ccry evl
deuce of fioe covering of sliottH all
around the loom. News and deelop
ments altogether favnied the constinc
tie side, which furnished a powerful
fulcrum for the pippin and pool man
agers' let or in raising the market level.
A smart rally in sterling exchange
after a fresh opening break with the (1
per cent call inouej into Mipplled tin
principal bullish ammunition Supple
mentary factors were supplied in the
defeat of the sugar control bill In the
House jesferdnj ; the mulct standing
that the President would sign the IMge
bill todaj and Increasing confidence of
early action ou the peace treat
As the market has practically boon
lunning in a circle during the cuticnt
week and for some little time back, it
is altogether reasonable to suppose by
reason of the rather ftee selling cster
diiy it reached what ma be termed nn
automatic oer-sold louditiou. I'iom
the Mart theie was a strong iiiilinntioii
exhihitcd b the bear contingent to
cover. Th"se oierations disclnscil a
very limited supply of stotKs. which
natur'il! incroiseel the desue to cut
down the short commitments, and as
this desire became more uigent that
much faster weie prices maiked up,
and that much bioaiW hoe nine the for
ward or recovery movement
The opening was of the usual mixed
character Substantial advance in oil,
shipping and food shares imparted n
degiee of stuntth to the carlv deal
ings, although this was offset bv the
healnrss nf railroad and metal shares
and the public utilities, lty reason of
the rounding up of the shorts the nil
group assumed n more commanding po
sition dining the morning, especially
Mexican Petroleum, Texas Oil and Cal
ifornia 1'eti oleum.
The spirited upbiddlng of these
lilghlv spcculathe issues stimulated an
net he demand for kindred slinrcs, also
the equipments and the more popular
steel isues. The coppers, which at
the opening weie disposed to sag, nlso
made appreciable impiovenient later in
the inclining. The railroad shares like
wise hnrdciicd, although advices from
Washington indicate that the 1'iesi
dent's message dealing with the trans
portation piohlems would not be issued
todnj. In truth, it was intimated, the
1'iesident would defer sending the mes
sage to Congress until after the closing
of the mnikct tomorrow.
Trading became acij active nt mate
rially higher in it cs during the call
afternoon Oils continued to lead nt
evticmc gains of : to almost 15 points,
(ienernl Motors lose Ifi'A. Crucible
Steed. Ill, and many other speculative
Issues, b delivei licuu, weie 1 to 15
points over csteiclaj's linnl pi ices,
later dealings but the llse in (all monev
to IS pci cent caused etensii profit
taking and moderate reactions toward
the end.
BETTER FEELING
Philadelphia Markets
TIRO
MARKET
Increasing Confidence Displayed
by Buyers When Supply Was
Found Limited
TRADING WAS PROFESSIONAL
HSF
TOT
THE TURN
OF THE TIDE
THE TIME TO BUY BONDS IS WHEN
THE PRICE IS LOW AND THE YIELB
IS HIGH. THAT TIME IS NOW.
STUDY THE EVIDENCE. SEND FOH
VOUR COPY OF "THE TURN OF THB
JtTIDE."
BAKER. AYLING & YOURS
LAND TITLt BUILDIHO
BOSTON PHILADELPHIA
PENNSYLVANIA MUNICIPALS
Fre Pennsylvania Taw
&. Government Taxes
Bought Sold Quoted
MARTIN & CO.
1411 WALNUT ST
t?
! 4 JtMC t4
The Wfli I Street JoytMJ
nsyctts
Dividend
An?Ia-fimerican Oil Comnanv. Ltd
Notice is hereby clveti that the director! t'eii larger pains CTC mailu by
or me auove-namea company have resolved
to par on and after the 15tli day nf Jumiarr.
1020, an Interim dividend nf three Hlillllne
jer ftbure from the net earnings of the cur
rent year, free of British Income tax The
aame will he paid on and after the uboe
named date by the National Provincial and
Union Dank of England Itd , at ltu head
office In Blehopa Gate, In the City of Lon
don, or at any of Kb branche or bv the
Guaranty Trust Co of New York, of 140
Broadway, New York city U f A , at the
equivalent In U, H currency of $3 7.1 1-3 pr
pound sterUn.tr (equal to 60 cents per share)
io all holders of ehare warrants to bearer
isued by the Company In exchange for rou
Bon. No. 18 attached to audi warrants.
A. II. HEWETT, Secretary.
86 Queen Anne's Oate,
"Westminster. London, 3, W.
Daied. December 15 1010
DUQUESNE LIGHT CO.
uivimcxD ?o. so
Pittsburgh. Pa , November 23. 1018.
A. Quarterly dividend of
(INK AM) TIIKBB-FOUKTIIH
I'KK CKNT
lX'i.') on the 7 Cumulative Preferred Cap
ital ttexk. has this day been declared, pay
able Cebniarr 1st. 1920, to stockholders of
record January 1st. 1UJ0,
Checks will be mallel
O, 3. BRAUN, Jr . Treasurer.
New York, Pec. 10. 'Flip Now York
I-vpnin? Sim's c'loins financinl ioiow
today sas : '
Stocks advanced sufficii'iitlj today to
encourage tlie vuopeinents of li iioi
prices and to rnuc further belated short
coveiins In thoM who lime been re
luctint to admit that the hear side has
been overdone. IlnwPMr, there was
nothing to indicate fiat tlie market was
about to move out of the trading aien
in which it has been suiiiKiiiir for the
last fortnight, although sentiment in the
Street was much more cheerful totlaj
than it has been latterly.
Starting out hesitatingly, the market
developed Vrogressive strength until
well into the afternoon, biijers pro
ceeding with increasing confidence when
it was seen that the supply of stocks
for sale was limited While the vol
ume of business transacted was some
what above the lecent average, trad
ing was still largely professional. It
was not until industrial shares had
been pushed up 1 to S points, and in
Rome cases more, that the bujing move
ment showed signs of xlnckening.
The better feeling toward the market
was brought about in a negative waj
that is, tlie bad features in the finance
skies have become stale as market in
fluences and no new cusi eould be
found in the daj's news for selling
stocks.
The uncertainty of Washington poll -ticH
continues a dnmper on the market,
however. Advocates of the bull position
hold the view that, in accordance with
its usual custom, stock prices hnve al
ready discounted tlie unfavorable pos
sibilities of the situation, nnd that from
now on the innrket should improvein
anticipation of some sort of a solution
of the railroad and peace tieaty tangle,
which hns grown so neute there is noth
ing left for Washington to do but rush
through some sort of constructive legis
lation. When this comes to pass, it is
argued, seeuritv prices will already
have made a good recover from their
depressed levels.
Word from Washington this after
noon suggested that the Cummins rail
road bill would pass in tlie Senate to
night before Congress recessed for the
Christmas holidavs. It did not appear
probable, however, that any peace
treat action would be taken. Never
theless, indications that Congress was
ready to put through its own peace
settlement without waitiing on Presi
dent Wilson, contributed to the more
I hopeful feeliug in the street.
Among tlie issues wuicn sioou one jii
the da's dealings weie the steel stocks,
for which there was an excellent de
mand t'nited States Steel got up
nround I0."i in the carl afternoon, and
some
nf the other steel shares
A sidelight ou the steel situation is
afforded by the nnntiuncement that
various manufacture will not make
the customary holiday shutdown clue
to the fact that the arc s ofar behind
in deliveries Although there has been
no important railroad bujing. steel
manufacturers see no chance of keep
ing up with orders for some time to
come.
GRAIN AND FLOUR
AMIl.AT IlerolptH 47 710 liushcls The
market v,ns quiet nnd undinnKid (Juotn
tlnnt. c'.ir lotw in i xcifirt rlviicor Kinern
mnnt Btnndard lnpecclrjn ptnndard prlrra
Nn 1 rwl winter $2 .11), No 1 northern
"Iirlns 2 .Ti o 1 hard wlnl.r. JH 3:i, No
1 r'd winter frnrlpk S',17. No 1 red
mmi SJ Id Nn 1 red enrllckv nnd
smutlv JJ3I United HtMe drain Cnr
liuiatinnR purchases of wheat are b.ced on
the 'nltowlnir Hi hetlllln of dlHenunt"' No 11
Wheat 1c L.nd-. Xn 1 . No 3 uheit.
I Cm under No 1 No. 4 lie it 10c under
o I Ny r, wheat lie under No 1 Tor
all wheat otherwise ennfnrmlnir to the cricl
nratloiiB nr No 5 or bittei but denrlvit
In test welffht the discount frnm the No Ti
trice will ho ,'Jc per butihel for each rne
pound deficient In test welk'ht Wheat
Krndinir below No 5 fnr reTsons other than
deflclenc In tc.it weights wilt lo boupcht on
Its merits Hmutt wheat will be discounted
nccnrdlnp to the decree of smut, but in
no ense less thin 2c tier bushel under the
corresponding regular trade
COIIN lie, rims 5SI bushels Thn mir
ket ruled firm under llsht IfferlnK' but
trade was cjulet We cjuote old No 2 el
Inw In tar lots for local trndc nt $1 73ffP
1 7.1 on spot, and new No 3 lellow ot
f 1 HI ft 1 C!
OATS, llecelpts 18, Hen bushels Demand
was licrht lut pilcrs were well maintained
Wo quote Car lots ns to location No 'J
white 94rtmc No J white, V30UJM c
No 4 white flJ02Wc
J'r,OIH ltecel'its 1.84." 40" lbs In sscks
lluslness was quiet nnd there was no chnnR-e
In prh cs The follow Inir are the quotntlont.
Per inn lbs picked In 140-lh Jute sacks
Soft winter stralKht western Sin in BO
do do nenrby S10$$10 2i, hard winter
strnlcht tlL" r,n1.1, do do shnrt patent,
Jl.lil.1 50. sprlnir llrst. clear. $H75in2'i,
dn PRtent J13 r0(M4, do short patent,
$14 21f?lr, do spring nnd city mlllb, pat
ent fancv brnndu llCtft IB .15
I1Y15 Kl.OUn. was In lts-ht request but
steady. Wo quote nt JS rj'1.23 per bbl In
sacks, as to qualitr
PROVISIONS
Trade was quiet and largely of a JobblnK
chiracter but prices were steadily held The
follow inff were the quotations Jleef. In sets,
smoked nnd alr-drled B5c; beef knuckles
and tenders, smoked and alr-drted. Bflc,
pork family. B4c hams 3. P. cured, loose.
272nc, do. skinned loose 2420c: do do
smoked. 202Sc: hams, bnlled. boneless,
42c, picnic shoulders S P. cured loose,
2",c: do smnked 20c, bellies In pickle, loosD
2,c, breakfast bacon. 33c: lard. 27c.
REFINED SUGARS
StlOnlies mra .mail nnil tha mnrla. n,.
unclanKed on a basis ot 0 cents for fine
Granulated
DAIRY PRODUCTS
niTTTKR There va a fair demand for
nno table trn.des but medium and low Bradis
were dull Prices were unchnnsed CMota
tions wer are follows lVcsh sold-njcked
creameo fanes hlsh-scorlnn uoods 7414
''H-c. cttr-js 73V4c, extra flrsls. nci71c,
(lists Clclc seconds, 38(11c: cold stor
ake creamery as to qujlltj 57WCl'lc sweet
cream, ry. choice to fancy. 7BV4 rdl7"4c, fair
to Bond n4'j (Tf72Mi c prints Jobblns at 81
Me for fancy and at 0bOc for fnlr to
choice
HGOS Strictly fine stock was kept well
cleaned up and prices ruled firm The quom
" were as follows Tree cases, near,
by firsts xl p, r crate, nearby current re
ceipts, 123 10 western extra firsts JJI.
flrsts, I." r.oaCTc ii 4n. nearbv and western
seconds (2ft lotcJl no cold storage eucs, as
to qualln 18 8(na10 50. Inferior lots lowert
fancy selected fresh ecrus Jobblnir at 0
V2r per dozen
.i.FI!i:E,SI-rThero was little tradln-t and
" in was uncnanited We quote
New lork whole-milk flats Held, funcv.
held fair to Kood. 3'3''',c. fresh
il3c.
Reserve Banks' Discount Rates
Official discount rates at tho twelve
Federal Heservc banks were as fol
lows :
(The first column gives rates for nil
periods up to and including n fifteen
day mnturit, he second for a period
of sixteen to ninet clays The third
and fourth columns give the rates for
discounts of collateral loans secured by
government bonds or notes.)
Com'! paper Gov't paper
1U to (10 111 to 00
. IS days davs id days ua
4 "I 4
NEW YORK STOCK EXCHANGE TRANSACTIONS
rjwri.ES trust comiwny or i-iiila.
DKLI'IIIA
December 17 1010
At regular meeting of the Hoard of
Directors, held this day, a eemlannual divi
dend of 2 per cent wan declared, payable
January 2. 1930, to stockholders of record
December 20; 1010
Chicks will be mailed v
WILLIAM B. VriOOMAN.
Becretarv.
Boston .
New York
Philadelphia
Klchmond . . .
t'leveland
Atlanta . .
Chicago
Kt Louis . .
?!lnneapplls
Kansas City
I)iill.is
ban Francisco
4Vi
4W
B
B
4'4
!?
11
A
4i 05
B
B
B
iV
4 ity-i-i
i
l.
lays
414
4'i
vt
e
f Aflree on French Army Training
I'aris, jwec, J". uy a. r.i
Technicul ofliccrs who have been con
ulilering inodllicationH of the mililary
tav to be submitted to the goernment
JiBVe agreed upon a bill fixing thcMura
hpn of military service at two years,
according to the Kclalr.
' Maflor Car Extra Dividend
New York. Dec. 10. The Magor
Cr Cof has declared nn extra dividend
bf I lu addition to the regulur ciuar-
terlr dlvidencl ot $1 ou the common and
teimlr .tuurlrlv dividend of 1 per
j-rafc on the preferred Btoclc. nil payable
ojwbiri5l to stodrof m-ord Decern -
MONEY-LENDING RATES
NEW "VOIIK Money on call, both
mixed collateral and nil industrial col
lateral, opened today nt 0 per cent for
lending nnd renewing.
Time money today was unchanged
from jesterdnj'B quotations, nil mixed
collateral Inaus being quoted at 0V3 per
cent and all industrials 7V4 per cent.
Only a moderate nmount of money was
brought out at these quotations.
Acceptance bills ranged at from 17s
to r'j per cent,
PHILADELPHIA Call, 0 percent;
time, 0 per cent; commercial paper,
three to six months, IVJi per cent, and
six months, 594 A P'r cent.
LONDON- Money Is yjuoted at 2
macie best .1..1J4i , do fair to noocl. .11
.11 Vic VVIsconsln, wholcmllk flats Held.
"vCJ J-4 Wc, held, fair to good, 31W HP
POULTRY
nnft1YEV,pp,i's w.ere falrl' hoeral. but
only a small proportion of the offerlnss was
. T iviy.nn?y,?lock ttn 'his description
was steadily held Ordlnac arrivals were
rat welehlns .1 lbs. and over apiece. 32U
Jic. funis medium size, erood quality IKj
?,',' p.00,r -2"-le. brolline chickens, fancy
bo, ""'.''""'J. welthlnu AUZ pounds npiece.
'..'"y -JPr'ni.- chickens, averuEe soft-meat-
-V.'S; Ao Inferior, SiiTL'ilc. old roost-
T-'P--e ducks, white. 1'ekln, 3JTi)34c.
S, .,.5,lll,n Kunner. 2S(J30c. do. Muscovy,
CJIe treese 24C32C1C; turkeys, 4.)(i4Sc.
exceptional lots higher pigeons old per
pa r .J.'ttMir do ounB. per p,Ur, 283(lc,
guineas yountr ner nalr welffToti,- w..,n,iu
ft.n,s0ileX.Aplec'' n'ump J2 1.1S :.'.. weleh
ne Wfta pounds apiece. 1 7Sv2 welsh
ln; ISM'i pounds apiece Jotpl Bi),
E",'!,,?H.suo !'','' p"r palr l 2,11 30-
ijul.hsl.1j was in small supply and firm,
Willi a good demand Taney turkejB In
particular were wanted We quote' Tur
,.iH . necrbj fancy 53-iSo, exceptional
lets burlier, do do fair to mood. 50 M
i' , do western, spring fancy. r.L'B.lti.
ilo do fnlr to good 4SS0c do old toma
47c. fowls fresh killed dry picked, in boxes
weighing Hi pounds and over apiece ,Hr,c;
X?? ! .nK 4 P",V"da', ;l5r weighing Ai pounds,
,,,, ,J. maller sizes. L'SKiJBc. fowls fresti
klllcd In barrels dr picked weighing 4'4
pounds and over apiece 3.1c. weighing 4
pounds. ,ll weighing 3'4 pounds, SSI.lOt
vn?,lfr ,.5,,e". -,lsI-7c. old rooslers, dry
picked 2oa. broilers Jersey, drj-packed 43
W4sc. do. ordinary nearby, dry-pneked 3.1
?,r.roller,, we'ern dry-oacked, weighing
l'i H poundl aplete . 3Sc40c. roattlng
chlikens western dr-packed. In barrels
weigh ns I pounds and over apiece 33tft34c,
welshing i'i pounds apiece, 30W.sac weigh
ing J'i tfjs pounds apiece 27'Jilc, western
corn fed chickens. 12 to box. 17 pounds and
under to dozen per pound 4(WlT,c. is to .'4
pounds to dozen, per pound. 43!i)44c 'jn to
JO pounds to dozen per pound .SliscSOc, ill
to 3il pounds to dozen per pound. 314i34c ,
37 to 4.1 iwunds to dozen, per pound. ?,'2Gi
; ' 'I to 47 pounds to doen ner pound
-!J34c 48 pounds and over to dozen, SCfiV
.Itic ducks, western fancy. 3HJJ4U, geese,
Ai" n""-. auii.i;, uo uo, lair to good,
25027c
FRESH FRUITS
The stormy, cold weather checked busi
ness. We quote Apples, per barrels, as to
quality, J4sr.0, do. per box, tJcQ.i 7."i
v-rannernes, per barrel, I7CU10, do, average
good, per crate J2B2 BO, do, extra fancy
Urge, per crate. s 7A63 mi lemons, per
uox, i loupj oranges, craitiornia. per bcx,
II 405, do Florida, per box, J2 15CSB io
Tangerines, Florida, per half box. J24 SB
Orapefruit, I'lorlda. per box. $1.753
VEGETABLES
The market was oulet and largelv nnm.
Inal because of cold weather. We quote'
White potatoes Pennsylvania, per cwt ,
3 3BCt3 00 do N'ew York, per cwt, J3 30cfJ
3 BO do Maryland Ilooslers, per cwt . 12 75
3 10 Swett potatoes Houthern No. 1,
per barrel 14 '-Beit 4 7B do, No 2, per barrel,
J2 70(33. do. per hamper, (1 1001.80. Jer
sey per basket $1 lBitl 40. Cabbage, New
York, Danish per ton, IBQfiXlS. Onions, per
100-pound sacks Yellow No. 1. B3 BO,
do No 2 and "plcklers, ' 2.7B
Bales
.100
800
100
2300
1100
1)00
300
400
200
2300
2400
1200
noo
soo
2200
1.100
200
100
losoo
(100
soon
300
4000
4300
300
200
1100
100
800
9000
.1100
9200
100
0 2400
400
800
200
4000
300
800
200
100
.1800
2800
1200
400
1700
4S30
52000
100
C100
2o00
100
200
SD0
700
100
18100
S00
15C0
400
1200
100
200
400
290
700
1100
(100
800
2400
1400
100
1900
700
1210
200
100
100
too
0700
SOOO
(,000
100
200
2000
1100
1000
4330
1G0O
700
800
200
200
7550
6000
1000
1500
1239
030
4100
7090
4100
.130
400
200
1000
2130
400
100
1400
1030
1100
1230
2900
2330
1130
330
7100
400
1030
400
7530
500
200
1100
300
1100
3400
1100
1G00
200
500
200
5200
5130
(.130
2G10
1200
000
100
700
200
500
U400
Dlr
In I
High
.. Adams express 3H
. . Ailvanco llumely .... 43
8 Advanco Kumcly pt .. 71!4
.. Alaskn Gold Mines... 1?J
. Alaska Juneau G M... 2J
. Allls-Chnlmcrs Mfe .. 47
8 Am Agrlo Chem 04
8 Am Beet Sugar 00
8 Am Iiosch Magneto .,12,1
,, Am Can 55z
7 Am Can pf flO'S
12 Am Car & Fdy ....130
4 Am Cotton OU 46,4
.80 Am Druggist Syn .... 1214
.. Am Hide & Leather .. U
7 Am Illdo & Lcath pf.117
. . Am Ico 48
C American Ico pf 08
0 Am Intemat Corp ...110H
3 Am I.lnseed B8H
0 Am Locomotive 90
7 Am Locomotive pf ..10354
.. Am Ship & Commerco. 20
4 Am Smelt ft Kef t9's
7 Am Smelt & Itef pf... 00V4
Am Smelt Sea A . . .80
,1 Am Steel Foundries .. 451J
7 Am Steel Fclrlea pf .. 91J4
7 Am Sugar Itef 138J4
10 Am Sumatra Tobao .. OS'A
(Am Tel & Tel 9K
. Am Tob Seo temp ctfs. . 07 y4
0 Am Tobacco pf new . . Ofa
7 Am Woolen 19
. Am Writing Paper pf. 60
. Am ZIno Lead & Urn.. 17
Am Zinc L & S pf . . . . Hi
4 AnaconcU Copper ... 58V4
.. Assets Realization ... 7
. . Asso Dry Gooeli lt
7 Ahso Dry GcIh 2d pt. . 141,4
li Associated OU 118
Atch Top & Santa Fe. 83
5 Atch Top & S V pf... 18
.. Atlanta Ulrm & Alt... 9!4
7'Atlantlo Coast Linn .. 91
10 All Gulf & W I S S...175
. Auto Sain C tern ctfs. 20 H
1.50 Baldwin Loco 1H?A
7 Baldwin Loco pf ....101C4
.. Haltlmoro & Ohio ... 31
4 Baltimore! & Ohio p . 44
8 Barrett
B.itopllns Mining . . .
Bethlehem Motori . .
. Bethlelitm Motor rts..
7 Bethlehem Steel
5 Bethlehem Steel B . .
. . Booth Fisheries . . .
. Bklvn Banld Transit
Bklyn It T ctfs of dep. 10 U
C Brooklvn Union Gas. 4394
Buff Koch c Pitts 60
10 Burns Bros 119
.60 Butto Copper & Zinc. 9H
.. Butto & Sup Copper.. 207
.. Butterlck Co
. Caddo Central O Si R
4 California Packing .
. California Petroleum
10 Canadian Paoldo 134
6 Central Leather 95
7 Central Leather pf ..108
4 Cerro do Pasco Cop . . 50
8 Chandler Motors ....1W4
4 Chesapeake & Ohio .. 63VS
r'hl & Kast Illinois 414
.. Chi & K I pf L'Tctfs. 4!4
.. Chicago Gt Western,, 794
1 Chi Gt Western pt ... Wz
.. iil Mil & St Paul ... f8'
. Chi Jill & St Paul pf. 1312
7 Chi & Northwestern . 87 H
8 Chi & Northwest pf 118
OtCht Pneumatfo Tool .107
. Chi Rock Isl & Pao..
C Chi R I & Pao C pf.
7 Chi R I & Pao 7 pf .
.. Chlla Copper
3 Chlno Copper
6 Cluett Peabody
3 Colorado Fuel & Iron.
.. Colo & Southern
4 Columb Gas & Eleo ..
1 Col Graphophone. . . . .
7 Consolidated Gas
. . Consolidated Textile .
. . Con Textile rts
. . Continental Candy . .
.. Con Interstate Cat M. 19U
.. Corn Products Ret... e
12 Crucible Steel ,
. . Cuba Cano Sugar . .
7 Cuba Cano Sugar pf
0 Delawara & Hudson
10 Del Lack & Western
Denver & Rio Grande
.122
. 194
. so
.
. 80
. 9912
. 1394
in H
28
21 Vz
17(4
44i
"MVi
58
71
19
30
04
41
2094
13 '2
ri'A
El
3194
34
131
.S1894
. 62 A
. 84s
. 80 Vi
.186
C
Denver & Rio G Df . . 13 Hi
Kmerson-Brantlng ... 27(4
7 Endioott-Johnbon pf..l04
.. Krlo
.. i:rle 1st pf 10 H
8 Famous Players-L ... 87 'A
.. Flsk Rubber 42
2 Frecport Texas 30 'J
3 Gaston Wms & Wig.. 1894
0 General Cigar 80
8 Genera Dlectrlo 160
IS General Motors 1'40
0 General Motors deb .. 8094
1 Goodrich B F fOTi
.. Granby Consol M & S. 49 '6
Great Northern pf . . . 'Vi
Gt Northern Oro ctfs. 37 H
Greeno Cananea Cop . 34', 2
Gulf States Steel .... I OK;
Hartman Corp 93
Illinois Central 88
inspiration Con Cop . 53Hi
Interbor Con Corp ... 4
Inter Con Corp pf ... 13S4
Int Agrlcul Corp pf . . . 80
Jnt Harvester 133 !2
Int Ilarv pf new 11314
Int Mer Marina 495'B
Int Mer Marine pf ...108
international Nickel . 31 W
International Paper. . 70
Iron Products Corp .. 39',i
Jewel Tea 1614
Jewel Tea pf 43
Kan City Southern ... 1594
Kansas City So pf ... 44
Kelly-Sng Tiro 138
Kennecott Copper .... 28 li
1S30 1.20 Kevstona Tira & Rub. ll'e
5330 0 Lackawanna Steel .. 8814
5500 . Leo Rubber & Tire .. 3814
1000 3.50 Lehigh Valley 414
100 7 Liggett & Myers Pt 10914
3700 . Loft Corp -094
201) 13 Ixrlifard P Tobacco 185
700 7 Louisville & Nashville, 110 -.
100 1.75 Manhattan Shirt . ... 31
800 7 Manhattan Elev guar. 40J4
Huntington Heads C. and O. Board
New Yorli, Dec. 10. II. fi. Hunt
lugton, n nephew of the Into Collin I
Huntington, was elected chairman of
the board of directors of tlie Chesa
peake mid Ohio Itallroad Co. today to
succeed Frank Trumbull, Mr. Trum
bull remaliiK a director, but resigned
per cent PIf count rrttc3, rhort and the chair in order o give more time to
three mouths' bills, 6 fier cent,
jiertonal and trustee intercuts, iie said,
FOREIGN EXCHANGE
New Yoih, Dec. 111. Foreign ex
nlinnirf, fiimriiK (his mornlnc hhovved II
very vseak opening. Demand sterling
wns quoted down to 3.72V4 and cables
to a V.'t. Trnne checks were '11.42 nud
cables 11.40 Lire held fairly steady
at ia.32 for checks nnd 13.30 for ca
ble1). Other quotations were :
Swiss checks 5.58. cables 5.50;
guilder checks 307., cables 37; Spanish
cheeks 111.20, cables 111.30; Stockholm
cheeks. 20.05, cnnles 20.80 j Christlanla
checks ln.(K), cables 20.05 ; Copenhagen
checks 17.M), cables 17.05; llelgian
'checks 10.03, cables 10.01, and mark
checks 2.02.
About midnfternoon there v ns a mod -crate,
rally. Demand sterling was quoted
at 3.71 nnd cables nt 3.74. Franc
checks were 11.05 nnd cnbles 11.0.1.
Proportionate changes were shown
elsewhere throughout the list.
BUTTER, EGGS AND CHEESE
Nw York. Deo IB. IIUTTER Itecelpts
1U tubs. Market Arm Creamery, higher
than extra.. V394 4074c. extra, tti score. 73e
flrit, OIW j72ci packing slock, current make,
NOEOG34 Kecelpt. 3017 tHBea Iar!cet
iteady Frenh-iMthered extras. H4B85r: do
ixtra Arsis 8JW83C do llrsts ,f081c.
state. 1-ennsylvanla and nearby western hen
n.rv whites first to extra, 85Hioc, uo,
browns 888 do uathered browns and
mCHKK3iinetpSt1.? 761 boxes Market lr
regular State whole-mllk flats, current
make specials. 32SfJV4c. do. average run,
SlwllSTcf slate. wholSmllk. current make,
specials! 81a2V.c; do. average run. 81c.
BAR' SILVER
Commercial bar silver was quoted in
New York today at $1,33 an ounce,
down 1 rent, lit Lofidou the price wuh
Zmw
.10
421'.
71 V
2
40K
93
951j
121
HVA
98 M
130 y2
m
12
23
115H
47'
08
107H
08
94
10114
2914
08 Va
00
80
4414
91 n
137 Vt
90
085s
60
94 V
127
55
1014
64
6014
fll2
OOI2
74 Vk
118
82'2
70J4
90'2
172?4
10M
108 V
10112
29
403,4
122
l?4
28
',
90 H
0114
13
1312
10 'A
4214
50
119
9',
2014
2714
21 H
7014
43?4
131
93 li
108
12194
C294
4',
414
794
.-iy2
3094
G0
8S14
118
100
2414
6094
OS
1814
3514
92
1094
2094
3
SO
79 Vz
to'4
1314
18 H
8S
209
1
81
09
18514
5 'a
12 fa
27
104
12 '4
1914
8014
41 H
35
18
70
lCSTs
320
80?s
80
481s
7-14
3714
3394
rcii
03
8714
61
31a
1214
S0
13214
11314
4914
10014
JO'a
74'
3794
15
4114
1614
4394
13714
2814
43 H
8514
3714
42
100 14
2014
18134
10914
31 la
42
14
" V,
14
114
H
114
H
1
14
"'A
94
14
1
2
14
Vi
14
14
214
394
1
294
Today's Net
Close, Chge,
3094
43
7114
1H ,
214 4
47 94
9514
123 -
5414
9914
138
4094
12 2414
11594
48
08
10094
0814-
0514 114
10.114- 214
2894 94
09 114
9014 94
80
4514
9114- 14
13814 1?
9014 . .
08 94 14
CC'a 1M
91 14- Va
12714 94
50 14
10 14- 14
614 214
8 H 14
014 14
00 94. 94
74 14 94
l'B 1- 3
8174 94
78-" 14
7!4- 94
9014
173 -
1994
llo 10114
3194
44
122
14
19
90 9o
03 4
13
4.194
SO
119944 94
014 14
20Ja 94
2714- 14
2114 14
7714 114
44 It
13414 114
95 114
108 - Va
5094 114
IW2 14
5314 14
414- 94
414 114
794- M
22 14 94
E814 194
5314 3
8714 214
118
100
2514 i!4
58
7014 1J4
1894- 14
301
tl 2
4094 114
2094 14
1314 1- 1
59 - 214
8014-1
1094- 14
4 .
1314
1014 94
8514 4-
215
5114-
8414-
09J4
180
5 -94
1314 94
2714- 294
104 1
13 14
1994 14
8014- 14
4114- 14
BO - 14
1894 94
73
105J4
J3094 1294
8094 14
F0 94 - 14
4914
7814 114
3714 14
34 14 14
1,914 314
93 114
18 14
fi2's 14
3J4- 9s
1294- 'A
8094- 14
13314 .
11314 214
1914- 1
108 314
21
7514 1
S814 A
1514 14
43-1
1594 114
4394 94
13714 114
2814 'A
44 94
80 94
38
42
10014-
2054
18194 4
110
31'.
43 -
814
14
94
14
Va
Dlv.
Sales In I
000 .. Martin Parry Corp
600 .. Maxwell Motor 3414
630 .. Maxwell Motor ctfs. . . 3414
2200 7 May Dcpt Stores ..'.117
500 7 May Kept Stores pf,.10fl!4
40400 19 Mexican Petroleum ..22414
1400 2 Miami Copper 2214
Today's Net
High Txiw Close Chcte,
3514 25 H 2514 3
'A
A
14
14
14
94
414
0200 1.20 Middle Stntes Corp
0400
400
400
100
1000
100
3100
1500
2000
300
1100
1290
1400
200
1200
100
100
0414
Mldvalo Steel & Ord,. 4914
. Minn & St I, new.... 1294
7 Minn St P & S St M.. 73
7 M St P & S St M pf.. 9114
. Missouri Kan & Tex.. 9 14
. Mo Kan & Tex pf .... 1314
. Missouri Paclfla .... 20
. Missouri Pacific pf... 4094
3 Montana Power 69
3 Mulllns Body 504
. Nat Anlllno & Chem.. 0994
7Nat Anlllno & Ch pf.. 8994
Nat Conduit & Cable.. 1014
0 Nat Knam & Stamp . . 8014
6 National Lead 8114
7 National Lead pf .. .10914
. Nat It It of Mcx 2d pf . 4?4
300 1.50 Nevada Con Copper .. 14
900 10 New York Air Brake. .11194
5200 5 Now York Central ... C994
100 . . New York C & St h . . 2714
400 5 N Y Chi & St li 2d pf. 45
400 2.60 New York Dock 4114
000 1 New York Ont & W .. 1094
13100 .. New York N It & II.. 2094
1390 7 Norfolk & Western ... 9814
290 4 Norfolk & Western pf . 07
900 5 North American .... 60 54
200 6 Nova. Scotln S & C .. 73
7310 7 Northern Paclfla .... 81
3190 4 Ohio Cities Gas 48
4000 .60 OkLi Prod & Itef .... 994
100 . Ontario Silver Mln... 0J4
00 5 Otis Elevator 140
600 . Otis Steel 35
200 3 Owens Bottling Mach. 6894
100 1 I'.idfla Mall 3594
32000 0 Pan-Amcr Petrol & T.109
11300 . Pan-Amer (B) 10414
7900 Pan-Amer Pet rts ... . 9a
1400 3 Parish & Bingham .. 40
100 . Pacific Tel & Tel 3014
17300 3 Pennsylvania II It ... 419s
1100 Penn Seaboard Steel . ?4!4
2000 Peoples Gas Chicago . 3394
4990 Pero Marquette s7'-4
300 I'eio Marquette pf . 1914
300 . Pero Marei prior pf . 00
1230 3 Philadelphia Co 35H
15210 . . Plerce-Arrow Motor . . 7854
2090 . Pierce Oil V Va
2J0 4 Pitt C C & St Ij 60
700 6 Pittsburgh Coal of Pa. 02
5090 . Pittsburgh & W Va .. 2014
100 0 Pitts & W Va pf .. .7514
100 1 Pond Creek Coal .... 2694
81)0 8 Pressed Steel Car ...10094
200 . Pub Serv Corp N J , . 05
1000 8 Pullman 113
1800 6 Punta Alegro Suijar .. 94
2390 2 Hay Consolidated Cop. 2014
200 8 Railway Steel Spring. 9fl!4
J 7.110 4 Reading 17
100 2 Reading 1st pf 33
100 . Remington Typewrit.. 87
090 .. Reploglo Steel 19
41490 0 nepubllo Iron & Steel. 115
100 7 Rep Iron & Steel pt.,100
00 4 Repub Motor Truck. . 8
12100 8.70 Royal Dutch N Y
1800
200
1400
600
700
100
600
100
COO
1500
10090
1300
22800
3200
2000
700
13800
290
400
400
800
0200
6400
5700
400
6700
19090
100
200
2300
100
7100
400
200
000
500
100
1290
100
1150O
100
2000
7300
7900
400
500
10014
. 1714
. 24
. 13
25
St Ij San Francisco..
St li San Fran pt..
.. St li Southwestern..
. St Ij Southwest pf..
. , Saxon Motor 145s
. . Seaboard Air Line ... 7
Seaboard Air Lino pf. 12
8 Sears-Roebuck . . ..227
1 Shattuck Ariz Cop ... 11 14
.. Shell Trans Trading... 7814
.. Sinclair Consol OU .. 14
6 Sloss Sheff S & I ... 7314
6 Southern Paclfla ....10514
. . Southern Railway ... 2214
6 Southern Railway pf . S7
4 Stromberg Carb 7494
7 Studebaker 10594
7 Studebaker pf 10014
5 Stutz Motor 114
3 Superior Steel 4094
.. Tenn Cop & Chem ... 10
.. Texas Co 23314
.. Texas Co rts 0294
,. Texas & Pacific .... 4394
. Third Avenuo 1294
0 Tobacco 'Products ... 92
.. Transcontinental Oil . 4014
5 Transuo & Wm Steel. . 6214
1 Twin City R T 3594
.. Union Oil 3014
Union Bag & Paper ., v'A
Union Paclflo 124
Union Paclflo pf 0014
50 z
202
0
10
4
4 United Alloy Steel . .
10 United Fruit
.50 United Drug 1st pf .
.. Un Ry Investment ..
. . Un Rv Invest pf . . .
. DSCIP4 Fdry..
.. United Retail Storei
. U S Express
2 U S Kood Prod
8 U S Ind Alcohol ...
8 U S Rubber
8 U S Rubber 1st pf . .
0 U S Smelt It & M.,
5194
1014
2114
34
34
115
10014
209
2114
0294
4894
1394
70
9114
9
1314
2194
3994
67)4
60 94
6894
88
10
80
8014
10914
4
14
10014
68
27
45
4014
1014
2514
97
07
SO
71
7894
489s
9
014
135
3554
5S
3594
104
101
14
4014
3014
40
3314
31
209a
49
d0
35
7014
1914
58
0114
2514
7 J 14
20 94
0914
05
113
94
19
9514
75 94
33
87
49
109 J4
100
5414
97
10
24
11
2494
1414
7
13
327
11
7014
1314
71
:o2i4
21
65
7414
104
10014
113
45
9
228 H
00
4114
1114
9014
3894
(.214
3594
3594
9914
123
CO
50
200
6194
1014
2394
14
100 3.50 U S Smelt R & M pf.. 47
7O700 5 U S Steel ,
990 7 U S Steel pf .,
4800 0 Utah Copper
700 . . Utah Seo
33J0 .. Vanadium Corp
300 6 Va Iron Coal & Coke.,
200 4 Va-Carollna Chem . .
1100 .. Wabash
38 . Wabash pf A
309 . . Wabash pf B
800 .. Wheeling Sc. U Erie .
1600 .. Wheel & L Erie pf..
200 . . Wells Fargo Exp . . .
20JJ . Western Maryland ..
COO . West Maryland 2d pf
100 . . Western Pacific ....
100 4 Western Paclflo pf .
100 7 Western Union Tel .
800 7 Wostlnghouso A Br. .
lOUtt Westlnghouse E & M
5200 1 White Motor
4100 . White Motor rta ....
2900 5 Wilson & Co
100 7 Wilson & Co pf
440H 1 Wlllya-Overland ....
100 8 Woolworth V W
1200 . . Worthlugton Pump .
900 0 Worth Pump pr a
. 1214 90
. 2314 2314
. 7894 7714
.100 103
12014 124
,113 11214
. 7514 75
. 47 47
.10514 10394
.113 11214
. 1494 71
. 10 954
, ('994 67
. 80 7994
. i.r.J2 6614
. 8 794
. 22 2114
. 15 1414
. 13J4 1114
. 1814 17
. 53 5314
. 11 10
. 1754 1054
. 3114 2114
. 50 ,50
. 8714 8714
.11314 113
. 63 3
. 6014 5914
. 24 3
. 8214 8094
. 9714 0714
. '.8 54 28
.12.154 12394
. fc7!4 S014
. 73 14 7314
3114 14
34 14 14
11094- V
100 - 14
220141214
2114- 1J
6314- 14
1994 y
1214
73
0114 1
914 14
1314 14
20 114
4094 114
692
6054 114
6894 Va
8
10
80
81 h 114
10914 14
4 ..
14- 14
11194- 314
6914 19s
27 1
454
4114 '
10-
2094 1
0754 14
07 - 14
6014 Va
73 114
8 154
18 54
914
9 ..
140
3594-
5854
35 H 94
107 25s
10412 394
94 -14
4094 H
3014- 54
4014
4 14
3314 H
?7 -t 14
'014 l'2
lili - !4
359s 94
78 314
11114 14
69 394
02 - 1
2014 114
75- 9s
2094 ?4
10094 1'A
65 5
113
9414 3.)
87
40
11314 394
100 14
65 -
99 294
17 I- a4
24 394
13 I
25 1
1454 ..
7
12 54
327 1
1114- 14
77
4454
72
10454 394
vt 1
6014 1
7494 m
104 1
10014- 114
113
4054 394
10
23014 2
6014 .
4.1- 1
1294 94
9194
3914 94
(.214 114
3554 .
30
9914 54
124 154
to 14 14
6014 14
201 254
5194..
1014-
2414
91
2314
78 -1-
10414
12514 154
113
14
94
14
114
1
114
14
1
54
54
14
94
394
47 - Vz
10594 154
Kx-divldend.
t Ex-rlshts.
113
1314
10 f8H
80
(1014
8
Vi
15
1214
1814 154
53
1154 94
17 94 14
21 14 14
50
8714 14
11314 114
f.3 14
60 94 94
294 14
8114
97J4
28 54
12394
014 4
73J4
114
TONE OF LOCAL MARKET
WAS SOMEWHAT IMPROVED
Same Insistent Selling of High-Grade Investment SlocJts anJ
Bonds Price Variations Very Limited
There vvns a better demand for most
1 t'10. 10cal Htoclts nnd nt tho name
time thcro wag evidence of continued
llquldntion in the high-grade Invest
ment stocks nnd bonds. As the demand
about equaled tho supply price varia
tion were slight. In stocks tho nver
age vvns higher, while In bonds the
nverngp was lower.
The trading in both departments was
fairly active and fnirlv well distributed,
but in tlie majoritv of enses was mostly
odd lot transactions. Pennsylvania
Ilnilrond was sold freely jet was well
nbsorbcr, ns indicnted in the relative
stability of the quotation nt d0'4. In
the bond division the heaviest offerings
were in Heading general -Is, and in the
Illectrie nnd People's Js, tho former
viclding to TS't and the latter to ruTft.
lichigh Valley general -Is were also on
tap, declining to (i!), while the 4V2
jiclded to 77. Pennsjlvanla Hailroad
general 4s sold nt S0V4 a slight con
cession from tlie previous sale. At the
snmo time nil tlie Liberty lionds were
bold freely.
Tlie conspicuous heaviness of such an
nrrav of what mny be safely designated
ns the vciy oicntii of investment secu
lities would be expected to give n chill
to the strongest of htrong markets. It
did put n damper on innrket interest,
but otherwise vvns without influence.
On tlie contrary, the market, ns n
whole, while having it tired appearance
was inclined to do better, nnd did so to
tt relatively small degree.
Tlu impioved tone of the market pos
sibly came in for 11101 e attention because
of these 1 ire iimstances nud because of
the absence of nnv stimulating develop
ment of i local character. Tlie animated
recovery in tho New York mnrket, ol
course, had n good effect scntimentnllj
nnd possibly Influenced adjustment oj
professional speculative accounts.
Thcro was not much to be said coni
cerning nny of the individual movc
ments. Advnnces from to werl
scored by Philadelphia Co. cumulntirl
preferred, Philadelphia Traction. Uniot)
Traction, Lnlte Superior Corporation!
Lehigh Navigation unci Lehigh Vnllcy,
Philadelphia Klertric, American Stores,
American (?ns, ,T. (!. Hrill, Huntingdon
and Ilrond Top common nnd prcfcrredi
Insurance Company of North America
nnd Keystone Telephone were un
changed. Declines of t30c were sustained
by Philadelphia Co, nnd Pennsylvania
Salt. Lehigh Navigation in the lat
trading" extended its gain to $1.25 to
01. Philadelphia, Germanlown and
Norristovvn Hailroad on small sales de
clined 51 to 115.
Close tabs on both the railroad nnd
foreign exchnngo situations nrc being
kept by the local financinl intcrestsi
This not only includes the bankers, but
the big insurnucc companies "and othci
financial and semi-llnnncial instltiK
tlons. Ilccnuse of the tremendous in
vestments which have been made iri
railrond bonds, the outcome of the ad
ministration's attitude on tho trans'"
pnrtation problem is awaited with in
tense interest. Koituniitely there np
pcars to prevail a, hopeful feeling that
wnjs and means will Imnlly be found ta
settle tills highly important question,
In nil events, there is a growing confi
dence that nothing will be done to cfJ
feet the investment value of the railroad
securities.
COVERING MOVEMENT
STRENGTHENS COTTON
March Contracts Lead Rise,
With Advances Throughout
List of 30 to 45 Points
cotton rsnir wnATimn condition's
New York, Dec 10 The followlnc tcm
Tioratures were recorded in the cotton
belt thl mornlnjr Oklahoma nnd Afiho
vllle, 32' Wllmlnnton. 34, Tort Smith.
4ft; Aiuruata. 42, Savannah, 4(1, Charles
ton ThomppvlllP, Atlanta Muron, Mem
phis and I.lltlo nock 48 Meridian, Knox
villej and Nashville 00 Vlckubure. Tamn".
and Jacluonvlllo, r,2. Corpus Chriiti and
Montgomery, W, Phreveport, Ran Antonio
aHrt Penaacola, 00, New Orleans, r,8.
and Oalveston. 02 There was 01 inch
of precipitation at Knoxvlllo nnd Nanh
vllle. 0: -nt Meridian and Uttle Tlock;
12 nt Vlcksburs. 18 at Corpus Chrlstl
and Atlanta, 20 at Galveston, 02 at
Shreveport, and .pel at San Antonio.
New York, Pec. 10. The cotton
market developed a strong tone today
on Wall sticet nnd western short cov
ering, and local nnd New Iilcans
bujing.
One Wall street broker took about
15.000 hales of Jnnunry, March nnd
Mov, believed to lepresent the cover
ing" of a single line of shorts. I'nces
sold up to n net advance of nbout 30
to -45 points, with March contracts
leading tlie rihe.
Aside froni leports of an active
southwestern spot demand, there ap
peared to be no change in tho news,
nnd the tineling did not suggest any
mnterinl broadening of speculative
operations.
Vest
Dec.
Jan
March
Mny .
.it. y
Oct .,
Today's
close open
SS 49 3M SO
an 71 :in sr.
si r,j .11 08
aj :io 'U.40
an r,o .iii.cn
28 13 28 25
11 00
a. m
.18 43
,14.41
32 21
1 30
2.30
p m p. m.
! siVsii
. . 81. h0
32.07
SO 73
28.21 . ..
Philadelphia Stochs
Hlch Low
50 Am ritrs. .'!!) ."in'j
:tri() Am C.as. 45 45
".0 tAm D S liMj VJij
10 tAtohiion 83 83
200 Tl eS. S T
C pf... 40 40
100 Itrill J (J 47 4c
305 131 St7r. 13314 132
NEW YORK COFFEE MARKET
New Yorli, Dec 10. Rather disap
pointing cnbles caused the local coffee
niurkct to open at declines of ti to
15 points with most of the offerings
coming from a broker said to be closely
identified with a lower all street im
porting concern.
The coffee market continues to as
sume a waiting attitude. There is no
activity in tlie local contract matket.
The local spot market is reported dull
and there is no evidence of nny real
picssure to sell on the part of Rrnzil
shippers, although some Mattered firm
offers reach here from clay to clay, but
nrlec-s arc very irregular,
YeBt Todaj
, cinse
In (ilfotr,
15 10P 20
open
j,;nrch in IU(I5 14 111
May . 15 10P2O 1.1JI
July 15 40041 ir,uJ'i
September 15 111 4f 20 10 U3
Hid.
11.00
14 90
15.10
GOVERNMENT BONDS
Panama cerupon 2j. 1M,,,,,
Panama registered 2" linn .
Panama coupon 2, 1U3J
Panama registered 2,. 38
Panama coupon 8s, 11)01
Panama registered 3s 1(101
Philippine 4s, 1034
Philippine 4s, 11133
rhlilpnlnn. 1030
U 8 Oovt coupon 2 1030
U R Oovt reulatereel 2s 1030
V H Oovt coupon 4, 1925
U H Govt registered 4s. 1H25.
Dlst ot Columbia 3.01s, ltijl
Hid Ask
my, loo'.i
0014 lOftii
(101! looii
flo( 100'i
HH',5 DOVt
R8V4 B0V4
02 nn
02 no
J DO
100 lootj
100 iooh
105V4 lOttii
lO.VVi lOflVi
07
3 II & U T. 4
31 do pf S
50 I (' N A. 35
20 tlvpn Cop 28's
Cm K TI Co. VI
400 I.k S Cor 20y.
125 I.eh Nnv llltf
78S I,eh Vul. 42V4
100 tMidvoIe. 48
125 tNev Cns 15
3201 I'a R R. 40",
30 l'i Salt, 74Vj
5 V 0&N.115
200 Phila Co 35
t4
8
Net
Clne chire
30..
12 V-2
83
40 ..
47 ..
132
4
8 ..
28-
13
20
(illV4
42 Vx
48 Vi
15 ..
40..
74
115 4
35
CORN TRADE IS LIGHT
IN ERRATIC MARKET
Support on Dips, Resulting in
Rallies, When Sellers Try to
Cover Gain in Oats Lo3t
CiHAlN BELT WEATHrjIl rORECAST
CliiriiKO. Dec 10 Illinois Cloudy and
unsettled tonlKht Wisconsin Unsettled
tonight, Saturday fair and warmer Mls
eourl Minnesota, Iowa and Kansas Fair
tonlKht and Saturday, warmer. North and
South Dakota, Montana and IVyomlnff
Fair tonight and Saturday colder Satur
day. Nebraska Pair tonight and Satur
day, uarmer tonight east, colder Saturday
west,
Chicago, Dec 10. Dealings in coin '
weie light today and the market was
enatie. Local opeiators opposed ad
vances, but there was support on dips,
which resulted in rallies when sellcis
tried to cover.
It was reported that Canada nnd New
England buyers were reselling the cash
article, the demand for which showed
less snnp.
Offerings from tho country were freer
nnd this was token as an indication that
primary holdcis were more anxious to
sell. Cars remain scarce, however, and
the mcagerness of the supplies thnt nic
available for delivery on December con
tracts continued to militate against the
bearr
TlV latter had the help of an un
favorable foreign exchange mnrket and
sales of 500,000 bushels of Argentina
corn in the United States,
Oats also were erratic. The stait
vvns easier under selling by wire houses
and pit traders, influenced by the posi
tion of foreign exchnngo nnd the indif
ference of exporters. t
Later there was n rally with a. good
clabs of buying noted, houses with sen
bonrd connections and locnl bulls fur
nishing support. Gains were not main
tained. Offerings from the country were a
little moie libeinl.
Leading futures ranged as follows.
Corn (new delivery)
Open, High Low 12'30
ijer ... i.-wx) i.-inii 1 my, 1 471
J. Ill 1 11 1.30A I
"2
40
34
01
2
- 's . .
40 1
31
'I'Xi. Vt
BANK CLEARINGS
nank clearings today compared with cor
responding; day last two years!
J010 101S 101T
Phlla .,$83,010,027 180,772.248 57,88S,748
Hoston 73,337,321 58,(1111,(1(18 40,408.133
Flaltlinore lfl,n4,475 14 700,300 ,
";n 1011 370.832 02.421.110 . ...
N York BS8.4BS.jioa 731.0117.790 046,000,935 higher: Others steady.
LIVESTOCK QUOTATIONS
Chicago, Dec 10 HOOS rteeelpts, 35,000
head Market higher Hulk, J13 U0B14 10,
top M4.10. heavy J13 uotfl14 IB; medium
13 0,'iBl-l 1.1. light. $13 7S14 IS, light
lights. $13 00(3113 00; heavy packing Bows,
smooth. $13 2ac$13 7H, packing sows, rough,
$1J 7,r.13 L'S. pigs. $11' 713 75
CATTM3 llecelpts, 8000 head. Market
steady lleef steers, medium and heavy,
choice and prime $18 40d:?0; medium and
rood, $10 75018 40, common, $8, 'J 5 10 75;
light v,elght good and choice. $13 l&(i(lll 'JOe
common and medium $7 &0W13, butcher
cattle, helters, $0 UtiCtfM 25, cow a J0W1.1.
canners and cutters, $5d0, -veal calves,
$15 1:3(3 1(1, feeder steers, $0 75012; stocker
steers $tlP10 'JO
hHECP Receipts 7000 head Market firm
IJambs. $15317 10, cullo and common. $lltyi
14 75: ewes, medium and gooel, $7 7510,
culls and common $4507 50,
Kust St. I,ou!n. Dec 10 Receipts r, 000
head Market lower Hulk. $130C14 15
heavy $18J0i314 IB, medium, $13.8014 1B!
lcht $13 50C3)14 15, light lights . fia-sW
lei 75, heavy packing sows, smooth, ii" jkiJs
YhRV-Kl" B0W'' rouh. $11.70012 50, pigs,
$lavrl3 75 .
CATTLE llecelpts, 3100 head Market
steady; veals lower lleef steers, medium
and heavy, choice and prime, $17 23010 75
medium and good, $10.780171 common 18 i
0(10 60 light, good and choice, $18 200
20 75, common and medium. $7 75 10
butcher cattle, heifers, $n 2501(1. cows'
Sll.25012: canners and cnttpra 11 inifim '
veal calves natit uuu naneiyweignt
14, ceener sieero, to.outu'i
III "5012 50
SHCUP Uecelpts 1800 head Slarket
steady lAmlis. $13 50010 601 culls and
common $7W13 earlng wethers $11 500
14 cv.es medium and 1 holce, $0,2300, culls
and common, y$3 5005.50 '. tuns
Hast IliilTulo, Dec 10 CATTLE Re
ceipts. 1000 head. Market steady
CAJ.Vns Receipts lloo head. Market $1
higher $(1(912
HOUS Receipts. 4800 head. Market good
25a lower Heavy and mixed, $14 75; jorki
trs, $14 76015; lldht workers and pics. $151
roughs $13013 23; stags $8012 ''
SHEEP AND I.AMOS Receipts, 4(100
head. Lambs 50c higher. Lambs, $10010,
others unchanged.
Mlj C0 Vi
09 0914 Vs
77 77..
OS OS 1
100 100
in nnifii
stocker steers,
South Omaha, Dec. 10, -Hoas Receipts,
8500 head 10c to 20c higher Ton. $13 80.
CATTLE Receipts 2100 head TWf
steers, good and, choice butchers, 15025e
bead, Steady, ,
2S
IK
20
00
12
48
in
40
74
115
35
33 do em pf 32 3& 32
Ml.l t'llll 1.1CC -i2 -IVi -12..
110 P It T to 127 20 20
215 Phil Trc 50 59 50 Vi
10 Philn Xat
Hank ..478 -177 477 ..
300tS. Ilwy 21 21 21
770 Ton llel, B
250 Ton Miu 1!
50 U (' Oil 40
1150 l'n True. 31
103!) IJ (', I.. 52
400 tlT S Stl.105 104 105
100 tWestUM 52 52 52
tNet change made by comparison with last
sale on New York Stock Exchange
Sales In IIONDS Net
$11100 High Low Close chsro.
1 Illlld I.oco
1st 5s ...100 100 100
28 Klce & Pro
Tr Is ... 00
0 Lch Vul gen
4s 09
11 Lch Val gen
4s .... 80
5 I.eh V C 5s 98
1 Leh V Coal
cons Os.,,100
Lib Ponds
2d 4s. 01.40 01.40 01.401.10
1 3d 4i4s.. 03.54 03.54 93.51 .0(1
0 4th 4s. 91.52 01.50 01.50 .10
2Vic4B... 08.88 08.88 08.8S .01
3 Pa con 5s.. 8!)l. 89 89 4-
-- ' ... -. ,....;' sv "
1 ra gen iyas buj
tl Peo P to 4s 70
G Phila Co
cons 5s.. . 77
42 1-5 Hi Elec
1st 5s ... 02
44 Head gen Is 78
5 Head-Jersey
Cent 4s.. 78
1 Un Hy Inv
0s 71
' 1 WN Y &P
geu 4s... 01
1
LONDON METAL MARKET
New York, Dec. 10 Cable advices re
ceived at the New York Metal Exchange this
morning quoted prices in London as follows.
Tin Spot 322 7s eld, an advance of 4
7s (Id, futures, 323. a gain of 8 10s;
straits 322 Ills an upturn of 4 0s; sales,
spot (10 tons; futures, 760 tons. Singapore
321, a. rise of 4. sales, 400 tons, stan
dard copper Spot, 104, an advanca of 6s,
futures, 105 IBs a gain of 10s; sales,
spot 150 tons; futures. 300 tons Elec
trolytic Spot 116 futures 1118, both un.
changed. Lead Spot, 41 10s, an advance
of 1 7s 0d; futures, 41 10s, an upturn ot
1 Oil. Spelter Spot, 53 Bs; futures, 54,
both up IBs,
New York Metal Market
New York, Dec 10 Topper Spot and
December, 18K 18'oi January. 18H 0
lftV4c; February and Mnreh I8?imvir.
mnrkit nuiet T.tad All months. 7 300
I ,V,;W IMU..VCV . .,""1,,S, l.n, S1. AJ..U1M
,ntu mowm- o.vwb.vqi &fKai.
Jan.
Oati
Dec. ... 82
May . 83
Pork
Jin ...80 75
May ...30.25
I.ard
Jan , . ?3 OT
May ...2d, 85
Ribs
Jan ...18 21
May ,. 18.85
82.
83
88
47H
. 40i
81'4
83?4
30 75
30 35
23 10
24.00
18.40
19 05
30.75
30 IB
23 05
23 73
18.25
18 80
30 75
30.35
23 10
23.00
18 40
10 05
Yeft
close
1.47
1.40's
821,
8JS
37 00
S0.0J
21.0V
23.00
18.47
18.07
Paris Bourse Prices Barely Steady
Paris, Dec. 10. Pi ices were barelv
steady on the Bourse today. Three per
cent rentes were quoted nt 59 francs S5
centimes; 5 per cent loan, 88 francs 15
centimes; exchange on London, 41
francs 50 centimes. The dollar was
quoted nt 11 francs 18 centimes.
80 80..
70 70 ..
77 77 1
80 80
78 78
78' 78
70 71 1
01 01..
r.nUfATIONAT.
llotli Sexes
Our graduates are la constant demand for
good-paying positions, Gregg Shorthand,
(he easy, speedy system. Complete buutnen
and secretarial courses. Day and Night
Iviagsvi. imcmivs ir&Jmcr. Knrotl
any time. Call or writs (or full
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STBAMM1I1' NOTICES
Philadelphia
Mediterranean
Service
SAILINGS l
To Maneille and Barcelona
SS VANADA d. 28, i9i9
To Piraeus and Salonica
SS E. A. MORSE n. is, -20
United States TransportCo.
Incorporated
rl.om0.ird 3771
Telephones vinln 8105
006 DUKXKT. IIUIMHNO
I'HII,Al)Kl.riII,
New York Onlcr 30 Ilrond St.
Telephone! llroocl 3047
EARN-LINE
Incorporated 1801
U. S. Shipping Board Steel Steamers
General Cargo
Regular Service
Philadelphia Manchester
SS "West Celina". . . .Dec. 20
Philadelphia Havana
SS "Lake Foxboro" Sailed
SS "Coquina" .Dec, 20
For rates and particulars apply ta
Eanrime Steamship Co
, tt- '
A
'' -x.