pps.', -- i.'WT V jGVENIXG PUBLIC XiEDGERi-pHlLADELPtElA, MOXDAY, DECEMBER 20, 1919 I'f N if- m i u Bf ' Investments Yielding 5 to 8 K you linvp MiiMU" vnpltnl to Invest safely In Stocks, Ucntls or Notes J Iclilliifi from 6 to 8 per rent, we will ho Rlml to rurhlrii !ou 'With ilctnllr-rt Inform. tloti, Our drculnrt ec plain several nfe iiti't conservative Invent, meuls In detail. Ask for 0 Circulars Today jUcKlE 5 Co. Inucstnent Ranhcrs MctilbC'l 1'hiUi Sloth r.xihnnyc Real Estnte Trust Bldff. Philadelphi iVWS OF FINANCIAL WORLD NEW YORK AND PHILADELPHIA STOCK QUOTATIONS TIGHTENING MONEY MARKET MADE STOCK PRICES MELT Supply of Sloths Representing Sales o Establish Losses Reported to lie I nusually Henry i NEW YORK STOCK EXCHANGE TRANSACTIONS New Void, lid. DO.- Tnduj ' stoc-U liiiirket developed rou'lilrrnlilo itirgu Ini'Ity nnil lit Intel vuIm tlic tendency hi f-linrply renrtinimrr. The overshadow InR liillui'tir-p vvns envlly found in the t1jhter moiiej rom!ition. which, however, mk SenerallA expected in view of the nrrn- Humous inr inc extinoiclmurv .lunitnr.v 1 ilisbiirM-iuenti nm II whs ii fiileiilllie i Dili lllvlnil ilinl diiriiiR tlie foicp.irt of the week (it leant nioncy londltions weie certain to lie miclitj iiucoinforlahle. in o far as the , borrowlus end of It win loneerned id nn, inle The openin? lenewal rnte of 11! per iciil. wltli the Minpl.v far henvv i mulct Hie i eiimreineul. ra-ilv foie- settle- shadowed even vtifler rates before the inenN. I he weaker period occurred in ' day whs nut and some lesser fiuoredn the second hour when llie tciiewnl call ones found it a little short nf lom- i Ion n rale was fixed at I'J per cent. ' puKoi.v to ml coiimiiluienls matniall This was in itself a damper on niniket down, while at the same time a Rival ( enthusiasm, hut the mole unscttlinc in- nuwij of the loom trmlltig element sun- ,Hlicine was derived from tlie iclativelj lj 'liifted position hv (loitic the doub- ' smnll ainouut of iiione.v offeied. Tlie,ti"R ' ' peifoimance unite common slriiigeucv in moiiev ma'rl.et i onditions i ith llie expeiienced trader was fori ihlj exemplified in llie bids of .More or less confusion was pioducedi , s per cent for .ij and ninety dav ,at the outset by the iiiipiocedented ni'- I moiiev and !l pit cent for ki niuntlis' lion of i-nllinc a lecess for 1(1 to 1(1 Ml) loans. .,,, - - , i "riuiii ill conditions sil-o nit nioto or pUBI,IIHI,lli,'"P iiI!lll!MllHIHl!!IIIIRil!lli:itllli,illiJ!H,ll"auira PNS ,itiudii'i in that last week's sub- siun'iiil icioveiv movement, which im iiiesliounbl.v was made largely at tlie cnii"c of the slioit lnteicM. left llie CITY OF I MARSEILLES, FRANCE 6s, due 1934 Price 92 K Yield 6.80 Denominations $500, $1,000 Payable in New York City o'cluck. the outcome to the intenup lion of local tiHiispoitatlon preventing the anivnl of the uinss of those ron ccrned in Wall sheet business at the usual time. Tlie initial prites, however, were hlL'her iii the liiiiiu. last week"s ni'iiki-t mow or lew MHccptilile to the active movement in tlie industrials be attacks of the lejitionary party. 'I'liei was nl-o, so the story went, a Rood i ileal of liquidation to establish looses. On the other liiind. Hie liii.vinjr power I vv.is eceediliRl.v limited. In plain evcrj , dav I.iir'Wi. the -upplv far outran the I demand. It was the usual result. I'lice 'ciunibleil. There weie no sharp breaks, 1 . .1.- .I....1! ......... (..., I...- .. II"! vv 'I r un- urtlllli'. M-inr. uih .Hi"1 "I, .... ...,il.... !...A...n 1 slow mel.iuK of .piotations all alonK the '- '"J "" 'l,, .,ve wav line. Wilder losses or. lined cpiitc ." . , '.,,, ,,, nM, II II (IT I lini'iieiui, I" ' -. "-- i coiiinnieiits. steel and allied shares le- iid inc I to -". points (ieneial Motors inc lesnnieil with mole or less visor. These Rains were not sustained Ioiir and i Ihe Rcneial lis-l became vcr.v iriegular I in fust halt hour of the nailing. 1 lie rails and shippiiiR shares became notiee nblv lienv.v. that of the former was piobably piompted bj the publication of numeious stateuieuts of November families, some ol vvnicn uiscioseu inrgi' 1 i oci lined Inatiiinllv. in the moie liiclib specula tive issues, while in the mine seasoned shares the recessions weie on iioimal lines and i onlined within nation, limitations NothiliR in the over-Sumlav develop ments loulil be i-ousideied in anv way i p.ntii uliiil.v detinnetital to the market other than tin- monev onilitioiis. Dveivbodv was, or should have been, fulh' nuiuaiuted with this sole of tlie maiket (pieslion r ts lai'Re as Uoston or ttjltonriie r.n fi oni llie nrea that va 1pv.ihihImI The fnremo'it pott 'in tic Mi ditci taneatt Particulars on teijucsl BWREN & CO, I BANKER3 I I0 CHESTNUT STRECT j itnnbetB nt iV'tit York anil Philadcl- vhla Stock changes p llffll'lliilliKlillBllBIIIIIWIIIIllll'llllllPlliitllillltt l. K. (.rial lirllulll .V In I tin .",'. s. I'rt!) It. Wiooe A Mini. Itull.iM.i rr.le. us, Itl.ll Indltintl. t'otuinlnis KuMrrn Irm, fls, I'tiH LtllltliMnlli'V It It. I Mice. I- !"., SOIM Vjinton t-is UorKs In. I irs( lltu-e. .". 1IIVI .Markel "l. I.levitleil I'.tss. I u, m.-,-, 1'orllanil Itvw . I Islit , rimer ItTc. rs, lot : IniliiinuiHiils 'Irnirfnn , I'lrm. (u. Tis. 1li::.t tifornlil Uilil"." . I'nuer I ,i ItTir. .Is. in". 1 tnltnl l.iis .v. I lr I nrn. I -ill. 1 r. . lilts AmerifHii (ms ( i Intlileril 'Iru-.! .... MtZA I'llllarielpliln I oiisollil.lleil Mlge fts. in.ll r Arlvniio in Pnll Ritn n 9fl Ppr fhodaw a Mrmniiis i: i: i,, r rst .-,s, him ' Aavaiice in oau Kaxe xo u rer 1 ninn IlHllwttv. I, .is A l.iis I o, .. llll'l Tajlnr tlluirteii Irno .V Mrel ( . lis, I'll: Trevv I.evlrk o l'irs Morlsare its, i::i Illlllniintcills I'lururiNliHr 1). ,1s. l'lB? Trrre llmite Inilt.iti.ntntls l.iistrrti .Is, 1 9 1 .1 Samuel K. Phillips & Co. .iifinoiTs I'lioiiiipiiiiiiu inik (.viliaiicr, .Mi; I hrslmit Sf. forfeited its ejrl.v advance but other motor sh.'itcs were lor a time steady. 1'iirther unsettleiiieiil develop! d after the lenewal uill loan late mil I'islmI at 1L' pel iviit. A iiinxiiiiiiin of -i per lent was cstab- lisheil for (all moiiev in the last hour. 'but some stuiks nilliisl substantially I when the tate reieded to -J0 per cent. I STOCKS RECEDE i AS MONEY ROSE Philadelphia Stocks Cent Started Fresh Selling ;v:i IT ."' m IT1 i:'.7' Tjr. V, Net i Nipt chce. 'iii :; ' ,"'. 'i t!l f Vs 17',.. :;o- l.s Mi'';;.. I. ".71. j- rj-s- ?; H'j 1 1 1 ',4 i; UNDERLYING BUYINGi ri i:, GEO. A. HUHN & SONS STOCKS AMI IIOXDS Members of tho Philadelphia. New Tor una ChlenRo Mtnck KTChangei New Tork Coiton Eichancs Commission Orders Executed All the Principal MarkeU Illil.LIlVUK COUKT 111.1)0. II in Wiilnut St. NEW Yl is UI'WCB 111 Urondby. New ork In LIBERTY, BONDS Ail Issues Bought and Sold $50 $100 $500 $1000 Brham, Parsons diCo, 43S Chestnut Street Philadelphia I New York, Dec. 1211. The New Yoik j I'vciiiug Suus olcsitiR tiuaiicial review , todaj sa.vs : ! The so(k maiket had too inueh to i contend with in the way of unfavor able mone.v rates to make any further! i improvement today. The tiadhiR ele ment was ptepared to see a scau-ity of areommodation for stoi k market pur- I poses, iltie to tne eustoiiiar seasonal i demands on the banks, hut with the call loan lenewal late fixed at 11! per ieut tolliiwrd hv a iumn in the late to '') per cent in tlie earl.v afternoon, stocks pines could hardly do otherwise tliuu iciede The crei'it situntiou was the dominant influence on the market nm! vcr.v little attention was paid to anj -I thtuR else but this. Trading on the Stock I'xi haiiRe did ..,., .In.l i,,,,il i li.tlf In. in Intur tlinn IIIIL 01ULI UUL1. l IIUI, IUU. .u . ' . ...u.. . tllith I i 7o Am Sirs. :HI's i:S'.l Am ias. ."() Ill.'i Am It pf ."' 1IHI iAiuic'ilii (II I ill) ;.m Zinc & Lead 17', 100 lit .1 O. .".0Ts 7(in -;r. it t. hi-'n :!.(! r.i stor ,i:t 00 vKric .. I'J-; .".Ol) il'rie -d mef . 1 1 ' 110 (Sen Asp.lll'! Ill", .".(Ml Kit Nor pud' ... 77r,s 171! I (' N A. lili 700 l.k S for tit)1 1 S:i,", ),eh Nuv. (i". lti!)(i Lch Val. UOi 'JO i.Midvale ."ll 10 IN' Y Ceil (!!l 4011 I'Xev Cou iri", iniK! l'n U K. 40' j 100 il'eo (Sas Wk SS. l'a Salt. 7ij 10 lUts AV '.) .". l'hiia Co. :;sj o"J7 do i 'in pf :'.;?' j r.7i I'hii r:iec 'Si ir.o i n t tc -jn 7."'." I'hil Trac .T.l i:tr lieadinR 7(1 000 Kend 'l'i 'J.'l1'. UlOTon I!l 'JVj IU-sO Ton Min 'JVi 'Jlfii) Tn Trac. .'II JI40.A TO I . . . r.i U70 I S Stl .10 1.10 tWest'hV n & m .ii' 40 York Ilv pref .. !(1 111 .".1 'a tit ehtnge nmde bv t otttpiirlDii with last ::t jo', lill's 40, "'',' i 00 ir,'i 40 :,:', i8 74 JO ::v, :i:ii J4''o J7V.. .1!! 71! j:t' . -1(1 J'l 10 K. 10,1 jn'j '4 00 '; .".', 41 ', h; no:i -f- :,s 00 N l.Tl MH 40'; n ::Ys " 7t 1 'JO us", .10 " . . - ', u j:i',.. -"i 'J"i it)') 1 105 a; '.1 lis ii'.s .i',; 's 1 J , riNNni. A r !llJ'lrnL? 1K.NKI.1. MTIO.VAI. HANK Clieslnut fctrert vest of Hroud fJimtnber 22 1019 At a ri-julai mi-nuns: or th Hoard ot Di rectors of this Hank held Ihli day. It wa decided that th (1,wl ,,.ar or the Dank " rhanise.l 10 -nil .11, I).(Hinhr 31st of eoh li iV:. .",.",. V. "? '". innntns end hie lerembt Ml iyit, wns s tile and nvnhli Jumiup. e i nowers or retorii uetctaoer ai itti I vv r the leRtilar opeuinj; time, due to the bieakdown on the local transput tation lines, which delajed the airival of mail sale on New lorfc Stotk Uxchunse brokers. For the liist hotiv or s() se- Tollll M,r, -0 010 ,,,, ,.omparM Jth unity prices held (dose to Saturday s u.soo shi" Saturday. tiual level, and in some cases, notably in the niDUiT. motor and i upper shares, uuotatious were hid up 1 to " points. As soon s monev lates weie available, and it was seeu that the letievval tiguie was the highest since eaily in Novem ber, operations tor the tulvauee were abandoned and leisuiely celling started pi ties on the down grade, liy miudai . , . .' t,,v" . 'l 1' ' "II III!" UUII 11 l(j,l . umarpn rr. nr .. 11 .. 1 tuoii . .";. tne vv noie si inn ocMime ouite weac. jlut the close' o't bumneas witli industrials uud mils .allowing net 1 w r ,,,,-, r.f declines of 1 to I. poiuts" or more. The weekly Tedeial Heservc I'.unk statement was anything but satisfac- shovving the reserve ratio tit a IIMJDT. ( 'ashler Till: IMIiLIAII 1 IKVlt T e.., & ..--.-.---...... , -, -.1111- AMI i-.'m.iims IH'II.IMNO ro 1 torv a3d. ism f lirn m Via n Th llnarrl of nimilnn. h- ' rrtrert a o"ler!y duidend nflii;; ' Unuury lSth. 3S20, to atockholUera nt record at a p. r.1 on Derember 31st, lnin. T Iransfer bcoks or th; fomoatiy will be closed ror the purpose nf this dividend from S p. m December 31st. 11)10. until 10 am ianuary fOth J820 lu a- m CI1ARU:S T TATI.OH. Treasurer. KU'tjJUVIIIl imj new low tiguie llus indicated in ad vance that the stock market could not look for uny lelief for the time being from the stringent money supply whidi has been hampering, it for weeks and promises to do so until after the turn of the yeui. It. is a (juestiou if even then theie will be an abundant e of vvAV,('(VI'!,rEU'v l!,u,--l funds fur speculative purpose, ulthough I'lllhulclnhl.l. I",i ueri triber 1 ,1 1 Wall street is disposed to take a hope. , lul view . The tlnaril of Directors has thl'a dav d.. aPPSSffis CORN TRADERS SELL ttvkhnJdM-H of rPford un the books of thj Ai) MUNtY IIUHItlNii Pales in ll()M)s Xet KlliOO llish l.iw Close chfie. 1-10 Am Cas Jt. i:iee .Is. . !J S'J tJ 1 10 Alaska (Sold Mines ti-. 1.1 1.1 1.1 .1 Chile C (N. M SI SI .. .1 Chi M St T I ViS (is OS ,. Iks i:iec i Pro ' Tr Is ... .10", .V.I'', .-.!)', ', S Interb Cons 4'.s .. 10', lti lll'iJ'A Slut'itvs 4s 30V, :mii4 :!()', ' 1 Key Tel 1st oi s:t srt s:t l J I.eh Val (ls.100 100 100 '4 lti I,4i Val gen 4s 70 ;tl 70 ''j 20 I.eh V Coal r.s 07 is, 07"; 07T' Ai 12S Mb Unmix 2d 4'js.. 111. (12 01.48 01.02.. 4,1 Sid 4i, s. 04.:W 04.1S 04.;8J.74 triS.10 4th 4is 01.70 01.40 01.40 .20 .1 1-." Vic 43ts. 00.50 1111.44 llfl.fiO-f-.CO 01 8l",iuair!i1' 0t ,h l'0"0 "' bu!",ess JJecimuer meiiis win bo mailed or:n.r n hoi.smav. - Treasurer tTNITLl) (,s M i:i..cTR'c COmTaTv (It ltronilwH.v. New 'ork ItetemijAr 22 llln nu r, a nr i,,pAn... l ..-.- (.'lit ...,- ,...a... -. ..,.r. t,B ImH ln, , , nn.. I j.. , . - . " irti I n r,-n .r ..nt n two and one-half per lent ViU,rrr) ,h" ,' , standing preferred (.aplu.1 stu" k or "t , Com pany. parable Jummrj is. ji)(, J A"1? holders (if r-cord December 3t8, Vinh' nividend chocks will l mailed fll. J J- 'McJgA-gfeietarv ! l'n gen 10 l'a gen 4'-s 101(1 81 '4 10 l'a Co Cons 4's . . oil ' 22 I'hihi Klec 1st 5s ., . S7',, 21 Cub Serv .Is 57;'i Offerings Are Quickly Taken by .r" Ufad gen 4x 80'j I -1 Head-Jersey Cent 4s. . 70n', Spn A 1 (Is. 100 01 M)r' 00 Ml'-. 57 H 7!S 01 81 U . 00 7',4.. "i7 S0i 1 IF I Influential Concerns and Prices Recover TIIU HtNtYUNK NATIONAf, II vTf rhlladelphU. Detembei aa i,i,u The Hoard of Directors has this da"-, clared a reiular semlannuil divldeni e -" and an eatra dividend of 2 on thn ti.,,t tocH. pajable on or arte, JnnimrySd0"'1"1 until whltlt data Ihe Irtnsfer books wloT' ., Closed ..- gnjgk. wUlM',, C'lIirlCAsiAIV kl'I'IMM: ,,- The board nX directors his declare aetnlsnnual dividend of 3' 01d',fed ferred capital stock of the, company, niv?: January SO, lOiO. lo stockholder of rJ?or5 t tha close of business on January i if. on JOHN S. niVEN's; ' il!Mlsvirer the iAM or MmrTiAri7rn-r The: dlrertors have this dav declared a recu lar aenilnnul dividend of 8 free of t I pan ble January S. 11)30 to stocIthoidBr,"i record this dale ' "g'vllbo maVisJI Cashier Metropolitan 5 Pi Alle Stoiea v llufTaio Kleventh (tlth) oua'ririi' "W0. nf I'iri on Treferjrd Stock cf ,..i!"M tir glHh psMvble .lufuary 1 "eceni- IVIem Home llulliltnit Coiniianv. JllnneTonThi Minn Hlxth inthl iuarterl dividend ot $i 7v.r-r eha,re on Preferred Stock of "icord Teeemtier 31 payable January lo "sora Dearborn Trutk Coinimn. I'hlcjco m tiVorth (-lihl quarterly dividend of i:, on Preferred Stock of record December "O pnvyibleon or before January to. ' t nllrd Males Vorttutje t'oinpunr, Chloaio 111 J.ifrh (3ili) semiaunuirl dividend of VJ n Preferred Stock of record December 31 payabla January 10. GOVERNMENT BOND& I'anauilia.voupoit 21, tt3H . 8fl"4 lrioU Panama reHslered 2S. 1M h inovi ranania, louimn i's, ISh wiv! iiku, Panama reelaiered 2a. J(13 iv ino( Panama iuupoh lie l(nll ssvi ani 3'anallia eKlered Us 10111 KStJ .10V4 Thlllpplne- 1B3-I VI till iniitfoitf is. ii"v n- an i'iipip i (unu , 2 an r, rruptm re l"", ni'i 10(1' n rr'-i"i mtt .yei. mil iiw . '.i ., JO.',, 100 S li (1 li lti$ (SW ,rxlis)W 4? 19S JJUI, ol iWmbln. 3-051 4; T t'liic.iso. ltec 20. I'iououui ed sliciiKtli was sliovvn in thu Lorn market today on active buying induced by the liiuiKinK up of prices for Canadian wheat and Hour by the Dominion wheat boaid, following a weaker start. Commission houses had seatteied sell ing orders at the outset, but the offer ings were tukeu quickly by influential concerns and prices shot up. A big jump in rates for call money caused some selling of long stuff bv the pit crowd, but teactions were not im portant. Shorts in .December were anxious buyers. Advices from the roui try did not suggest that farmers had become aluriued over the recent set back in futures! Xo great impioveinent was )eported in the car situutlon, although receipts picked up a little There was some suggestions of un inquiry for corn for export. The cash article was stronger. Oats also scored good gains after an irregulur start. There was scuttered local selling in the initial trading, but good sales for eipoit and the strength ot corn soon sect the market tip. The stiffness of rates"for call money led tq some pressure later. Commission houses were well sup plied with buylug orders and shorts were compelled to cover. Leading futures ranged as follow" corn tuevv aeitv 711',. 100 70 'a 100 .1 Ko Pnc 4s. SO'i 80 ',1 Ml',.. 2.1 Sec Ave ,1s .12 .12 ,12 12Un lty 1 5s 71 70'.. 71 -f Honde tfaturddi $3.11 150, rompaied v Itll '$27ti UOu M4 74, Dec. . Jan May Oats May July j"ori Jan 37 21V May . , 35.1)0 i.ard Jan 2 80 May 24 10 Itlbs Jan. Jt.'M erv) Knl Open High I.flvv Close close l.sa'4 1.3H 1.3XU 1.8T 1.H4' 1 1,11 1 f .VlZ , ,ntl , oa . t ......r 07i' t.37Va 1.31 t 27W 1.30J4 1 a7tj 1.2U'i 1 27! 1.V0H or.ii IdRir tfLsw1 u;kV8-" S2, 80S H2i RO'i 7B'i 74H 78 81 37. IS .17 IX .17 1.'i 37.00 36.50 35 T 36,40 '30 00 23 40 23 10 23.2J 23 45 24 42 34 05 Z4 22 24.S0 is,7T i ko i 7a in.no 18.48 .P5 l8a'tlp.SU NEW YORK COFFEE MARKET New Yorli. Dec. 20. There was a little demand from AVull htreet and trade interests at the openiug of the ! conee nittires market this moruiug. First prites were unchanged to 0 points higher. The market was a very nariovv affair and at tlie end of the first hour there had been no additional transac tions with bid juices about' at initial figures. The ofKdal l!rail cables failed 10 create sentiment heie either wav and ring tinders were disposed to avvuit developments, witli little change ex pected until after ihe turn of the vest-, when some of the more prominent oper ators look for an active and higher mar ket, bused on Ihe statistical! position of coffee. .100 loo a 101) l.'oo 21,00 20(111 7no 400 don l no 1001) 200 loo .170(1 200 Jjn 100 SOO Moo too tsoo looo 300 loo 7 1 no 2011 1,100 too 100 J'JDO 91.011 tttlll :on loo SIIO too 200 1300 S.PX) 23101) I S200 loo 1400 200 lillOO "00 B'.'OO 1400 4300 i;oo (Oil 300 rm In t itiih datns Impress . 3314 dvance Humely ... 434 Advance Humely p.' 71 Ajax Hubber .... S3 Alaska Clolrt Mlne . J Alaska Juneau G M. . . i!i Allls-Chiiluieis ... iSj Allls-Chalniers iif , til Am Agrlo ('hem . 04 Am Agrlc I'hcm pf . . nr. Am Heet Sugnr . . nt Am Itosclt Magneto . ,IM 12 Am HI: Shoe & FMy pf 170 Am Can . . . ny, 5 Am ('.in pf to-' I'.' Am Car & Kdv .141 14 1 Am Car & Filv pf I IS 4 4 Am Cotton Oil . . 49J, mi Am Ilrugclst Sv 11 . f!, (I Am Kxpiess D'i Am Tilda k l.eathet . . 19i 1 Am Hide & l.eath iif .Vti Am He . .... 4BU 0 Am Ira pf ... (SJJ, ( Am Internal Coip .It4?4 3 Am Linseed 7". Am Locomotive ...Nfi 7 Am Locomotive pf 05 m Malt & Jr.in. . . ft Am Ship & Coinmeice '18 4 Am Smelt & Hef 71 7 Am Smelt & Hef pf . 1)3 Vi r. Am Smelt Sec A. ... S0i 5 Am Snuff ... Kin 3 Am Steel Kouiulile.s 4,V4 7 Am Steel Kdrles pf 0! 7 Am Sugar Hef . . 13814 0 Am Sumatra Tob.ic Wi s m Ter. Tel . . SB'i I Am Toh Sec temp ctfs. . 73 Am Woolen . MSI Am Writing Paper pf S3V4 Am Zinc Lead A Sin 17 '4 m Zinc L fr S pf . 35'., AnaLonda Copper fi'J?4 sso Hi y Goods . t'J Alch Top &. Santa Ke 8S.8 tch To)) X. S 1'' pf 79?, Atlanta Hlrm &. Alt . 8 Atlantic Coast Line. 88T'S Atl riulf &, W I S S I74J4 Auto Sales O tern ctfs. SO 15000 3.50 Baldwin Locomotive 1(11) DIOIl HO (1 lino loo IdlXi 300 1 1400 Slid IO0O too 001)11 1 noo 400 nuo 100 1400 1700 irno 3000 0110 500 700 moo mo 5'iOII 3400 1500 0011 500 6501) (1000 iSOO 1 00 700 I noo 300 100 3750 SIIO -'00 700 700 500 8011 300 1700 100 100 3100 COO '!500 500 300 3500 4000 300 5IS00 SOI) 1700 300 700 100 '!00 1000 300 51)0 4500 3'MIO 500 4100 1110 too 700 7400 (500 1 500 I (.00 100 4300 800 J 800 100 700 81(10 t00 SOU SOO 300 301) 1310 .S0 4100 'toon too too 700 j 000 1300 3100 1800 700 '!l)ll 1,1)1) noo 1,00 1100 '.'0U 9101) 6300 .'too 100 1100 ..-,C li III 1134 7 Baldwin Loco pf 101 Bait mote & Ohio . . 3;? 4 Baltimore & Ohio pf 47?4 s B.uiett Pil9s HntuplltiH Mining- IH Bethlehem Motots . 1 5 Bethlehem Steel . 03 5 Uetlilehem hteel B . BU 8 Uelhleliem Stl 8 pf 113 Hootb Flshetles . 'IVa s UiooMsn Ldison ... 87 BIclMi Jlapld Transit. 11 HIilMi It T ctfs of dep. 8(.j I! Bkl.Mi I'nion (Lis . 5114 It) Hums Htos . . . .I'!0 7 Hill ns Bros pf 110 Unite Copper & Zinc. NT's Butte & Sup Copper. "!0 nmterick Co 31 U Caddo Central O & 11. 'Jll'i California Hacking .. 8516 California Pett oleum . 44 C.inadldii Pacific .. 131 14 5 Central Leather ... tli 7 Ceil A: So Am Tel ... 115 4 Cello de Pasco Cop.. 0 8 Chandler Motors . 13314 4 Chesapeake & Ohio .. 5( Chicago (U Western '! fill (Jl Western pf. . Chi Mil & Si Paul . CHI Mil & St Paul pf 7 Chi & Northwestern . s Chi A. Northwest pf. Chi Itock Isl & Pah a Chl H I & Pac G"r pf 7 Chl II I & l'ac 7 To pf 5 Chl St P Minn &. O . Chile Coppet . ... .1 chino Coppet dlev Cin Chl &. St L (, Cluett Peabody Coca-Cola .1 Colorado Kiidl & lion Colo AV Southern . . 4 Columh Gas & Elec I Col GraphV'ione . 7 Col draphopNine pf . 7 Consolidated ( Var 7 Consolidated Cias 3 Consolidated Textile Con Textllo rts . 7 Continental Can '. Con Inteistate Cal M 1 Corn Products lef PJ Ciuclblo Steel .... 7 Crucible Steel pf 1 'uba Cane Sugar 7 Cuba. Cane Sugar pf n Delaware &. Hudson Denver & Klo Ctande Denver & H'o (. pf. . 1 Homo Mines mituth So S & At pf Durham Hosicty. . . .1 Lit; Iloin Coal . . . . Kmeison-Bianlinp .. 7 Cmer.sou-Brantinr pf. 89 Kilo " Krle 1st Pf 'i,,' III lo 2d pf M3 8 Famous Players-L ... 87 Federal Min A: Snmlt. 1 1 Fedetal Min S, Sin pf no 84 .Mis 371i 53 li 8B1j 118 .'6? 0(1 If 71 50 Ii l4 3S"2 584 108 40 41 H; i-iU '!? (Il5a 91 li B0-! 8' 31 U 1 4 81) ?i in 8014 JI1 9's 51 ;8 84 933, t'A 1 3 "1 . 13 8 U-J'4 , -:5'4 js Fisher Body Flak Rubber I Fteeport Texas '.' Gaston Wma A; Wig. ( General Cigar 8 General Ulectrlc . , . l'i General Motors .... li General Motots deb. 4 Goodrich B V .130 . I'J?. . 31 U . I7? . 71's .10914 .340 . 84'i .103 53 814 Goodrich H F nf Gianby ConsobM & S 7 Great Noithern pr . . 4 (it Northern Oro ctfs. an Gieenci Cananea Cou . 36 Gulf States Steel 5 llaitman Corp . .. 4 HasUell & Bailcer Car 7 Hlinol3 Centjal . . 11 Inspiration Con Cop . Ijiteibor Con Corp Inter Con Corp pf . . hit Agricul Coip . . Int Agricul Corp pf (1 Int Harvester . . . . lm Mer Marine 11 Inter Mer Marine pf. 10914 International Nickel.. iJ4 International Paper . Iron Products Corp . Jewel Tea 7 Jewel Tea pf .' ' Jone.s Bros Tea Kan City Southern . . 1 Kelly-Sps TO a . . . . Ivelsey Wheel .... J Uennecott Copper . JO lCejstonu Tit e & Huh 6 Lackawanna Steel . Lake Kile A V nf Lee Hubber & Tire... 37H (1700 3 .50 Lehigh. Valley 1 - 00 VI Liggett & Myeis Tob.-03 200 7 Liggett & Myers pf . .HU . 73 . 99 12 (il 80 14 eo 1 H',4 19 . 81 Vz . V&lVi 4834 7614 37 Vt on 4 -j 40?4 I5H Itl'A 7014 -95 39 i 1'A 15 Low 3-J14 1'J'i 71 8'J's t IV, 481, 03 ' 1)0 90 91 ?4 !' 170 53 s llll U I. 19 IK.'z 1HU ft 1,2 nt li lis 40 (.l'i lie., 75 noli 1 05 r !', At hoii ion 45 nt HIT's 05 i 93 '4 d74 135 U 35 14 IC, 54 'a (05 (.0 1 , 80 a lv2 T. 8712 17-! tna4 1111! 101 31 45 IM'4 l3 !8 9.1 ', ll.l Pi1! 87 10, 5 V, 51 118 110 S4 15 il's Ill's MW II I.I!) Is 5 5 115 58', nit 5, 51', 8 i:t 3(1 513, 85 14 118 ill1? 5914 70 507s 18?4 37 3,i 5s 105 .ir 41 tVA '!!i (.0 91' fi! 7S3, 31 U 873, 15 SI!-', Ml 9911 S0?4 83 91?, TA 131', 13 8 (i'i '!5 i!s 88 I -iii l's v 14 84 ' 2 It id 16 tili 4 Hi 3'i 17 ViU 16914 333 , 86 80 3s 103 .ViS 16!s 38 V, 351j 70 U !)S !j 110 86 'A 58', 3l 10?! I8?4 8114 13014 17V4 108 is?; 15 37 ((! 41 i6 13 Ifi 76 8 :l87s 86', IS 37 ' 41 nil)'. Today's Net t'losii Chse 3i'2 - I 43 II 8'i.4 l?s- in 'A ! 1.4 481-4-93 - no - 90 -9I34- 11VA- t 170 51 -101 '-i -t 130',2- lini2-r I 9'J f- :s i2 11914 40 - ?J, - 113 Vs, H I I'4 .,le 1000 400 100 ion 400 1500 7 501) I .73 Today's Net High Low Close Ch&e. Loft Coip 414 .'8514 1Si- ? I'! Lorlllurd P Tobacco ..181 17?4 181 1 . Loose-Wlles Biscuit . 68 08 OS r Hi 1 Loose-Wiles Blst l)f..100js I00TS 10Jily4 71ulsvlllo& Nashvlllo.lt6?iil0H. H 'A Vz 1 l' Vt 1A VA Vz 75 100 105 ft 'i'4 4 1 5 - 14 80 Ta 100 - -t 45 9'i I 137?', 1, 95?,- . 90 - 3, 7IM - 14.1 551j '4 ' CI 9a I 80 H -l',4 8 -88 14 1734 !0 I 1I0V4- 101 3'i -45 - IJU's 1?, -!8?s 93 95 Vz - 113 1 ft;,1 87 I 10 5, ' 51 -ltd -till 1 H 1, - J5 ', JO ?l'4 43 r.:o's 97;, 115 39 V 131 ; 54 34- 8 - i3t', - 37 - S'il4- 8514 118 - ii;34 - 5914 70 ra 50J, ( 19 - Hi '4 Vz 1 V, Mil ?. '4 '4 n tVz 1 3'. i v, i?4 j l'4 VA- - ;. Hi i 5s V, 1 112 ' 1-2 I 3,4! I IH Ha 114 'A I VA Vz 38 5S 105 40 41 - z ilT,- Vz '.'34- li 6014 912 0Z -78,-31 'A 893,- ISH- 819,- .'11V2- !)h9s - 31 - 83 -91?4 7Vi-13',- 'Jv- 6'i !S - :s - 88 - 114- A 1 9 14 - HH I's lU 1 1 6 '4 15s H 1 I9i 1 1 314 9, 8594 11 o!4- 138 119-4- 3S9i-11'.-VtYt- 16914 337 86 - 809, -103 5-J14 77 - "33', 3B 70 J4-9914- CO - 9 861',- ' 39' - I ' 3H 1 fi 1S34 8IK2 1304- Jit 108 r !l'4 15)4 37 t WA It - 5694 -1 15 143 7814 -865, -IS -37 V -11 'A - S03 H0'4-t too 100 500 ".800, 900 1500 500 100 100 (.'.inn jooo in Manhattan Kiev guar Manhnttun Shirt Mackny Cos Macla Cos pf . . . , Mart n Pari y Corp . . .May Dept Stores . . . Maxwell Motor Maxwell Mot ctfs . . MnsAvcll Mot 1st pf, . Max Mot 1st pf ctfs Maxwell Mot 2d pr . Mexican Petroleum Miami Copper iloo I .( Middle States Coip .. I550O 1 M Idv ale Steel & Ord.. 500 Minn & St Ij new . . ioo 7 Minn St I'iSStJI.. 1800 Missouri Kan & Tex . 1300 .Mo Kan & Texas pf . . 3(100 Mlssoutl Pacific 4 900 Mlssouil Pacific pf 30(1 3 Montana Power , . . . 'ioo 3 Mulllns Body ...,,.. . ioo 3 National Acme . ... 400 Nat Aniline & Chem . loon 7 Nat Aniline & Ch pf 1300 Nat Conduit & Cable. 300 Nat Hriain & Stamp.. 500 5 National Lead 800 Nat H It ot J,lex 2d pf. isoo 1.40 Nevada Con Copper . New Or Tex & Met. . 10 New Yoik Air Blake N V Chl St L 1st pf; . New York C &t L . 5 New Yoik Central .. !.50 New Yoik Dock ... I New Yoik Out A. W. New YorkX II & II. 7 Norfolk & Weste"! n . . 4 Norfolk & "Western pf. 5 N01 til Amei lean 7 Northern 1'acino . . 5 Nova Scotia Sic . 4 Ohio Cities Cas .5(1 Okla Prod & Hef . .'. Ontario Silver -Min. . Otis Steel 3 Owens Bottl'ng Much, 4 Pacific Development 5 Pacific Gas &. dec . , Pacific Mull 300 inn "ioo loo 8 100 11)0 1600 5800 3100 100 000 8700 8110 lO'.'UI! 8400 300 3000 illl) 100 'Mil 800 11 too I. 10 II 400 1100 10800 3500 4900 100 80ft .'5300 100 36011 .-.on (100 ioo 1900 too 4111 iOO 1301) 5(00 5900 400 5100 toon 19011 600 31501) 3700 800 13 3-114 6594 61 14 mi4 .Ti .T9 60 61 30 jiok V3 62 V, 49'4 II i'4 9'4 15 40 9, 501-i . IT 14 3014 6514 4 894 14 n '4 89 'A I'A UTa 46 110 14 68 '4 47 1714 il ' 97 6614 55'4 80 71 '2 89 3(1'', 67 76 dfll4 3714 6 Pan-Amer I'etrol K T.103!-, Pan.Ainer (B . . . .101 I'ailsh & Bingham . . 16 Perm Seaboaid Steel :vt3i Pennsylvania, H H . It)1, Peoples Gas "Chicago 33J5 I'eie Miirquette". . . . 3-i , Heie Maniuelte pf.. . ZVA Philadelphia Co. :M Plerce-Artow Motoi SOU Plerce-Atrow Mol pf 107 Pleico Oil 134 Pitt- C C & St L, . . 58 17 33 66 61 'il 14 ill .Ti9i 3191 6114 6114 30 ?18 i.194 0334 31 H34 7-i!4 9 '2 I Hi 10H IHs 60 48 311?, 6614 89 W 10 87J4 80 Vz 114, 159s 4 8 1, 111 , I'.'M'z ' 14 14 T9s 34 '4 94 94 194 Vt IV, i V iW VA 1 94 I VA 1; Pittsburgh Coal of. Pa. 63', Pittsburgh Coal pf . . 91 Pittsbttigh & AV Va.. ?IV I Pond (.'teek Coal .. 'il3, S Piessed Steel Car . 10314 i Pressed S(ecl Cur pf. ,10114 8 Pullman . . .- U149s Punta Alegto Sug rts. 9114 -! Hay Consolidated Cop.. SI 94 s Hallway Steel Spjlng. 99J, 1 Heading 70 ! Heading 2d J 35 Hemlugton Typewrit.. 90 ' Heplogle Steel 49 liepubllo lion i. Steel 11814 llepubllcI&Sits.'. ... I4 Hen Motortruck . 55 4-J00 8.70 Hoval Dutch NY. . I00H 500 1 St Joseph Lead . ... I34 St L Hf Francisco.. 18 St L San Fran pr... -M14 St L Southvvestein . 13 St L Southwest pf . "i4 (I Savage Arms 7'i Saxon Motor 14 !4 Seaboard Air Line . 7s -Seaboard Aft' Line pf. 149i - W- I Shattuck Ariz Cop .. 13 Shell Tians Tiadlng . 78 Sinclair Consol Oil .. 13?4 6 Sloss Sheft S & I - . . . 73 tVSouthern Pacific 10394 Southern Hallway .... if). I'ioo loo ".'00 300 !n rioo 601) . 30 n- 1000 lion f!800 500 13900 11700 1700 1500 38500 iOO 500 3000 6400 '.'400 3700 1100 31(00 '00 SIIO 1011 y;oii 100 1100 300 4400 3901) 700 (SAO 100 SOO 'iOO 900 9900 800 son. 100 (iOO 3400 100 18500 I0U 3100 6.8 47 IIP a 76 9594 6014 55 'A 7914 7094 461i U'A 89s 35J's 116 76 59 4 36 y, 103 99.94 151', 3' '10 33 3034 iVA 3T'A 77 107 1914 ,3S , (ii 8() i7y4' 17 ' 101 101 113J4 9i it 98 75 3, 31. S7C, 48 1H94 19s 53 9814 I3H 1714 1314 13 ja'A 71', 1414 6J4 194 14 Southern Hallway pf. 6814 4 Strombeig Caib 7 Studebaker 5 Ktutz Motor 3 Superior Steel . . . . Tenn Cop AV Chem . . Texas Co Texas Co 1 ts Texas &. Pacific . . . . Thlid Avenue .... 6 Tobacco Products 7 Tobacco Products pf Tol St- L West ctfs . Tol St L WestUfspf. . Tianscont'nental Oil 5 Transue & Wm Steel I Twin City It T 8 L'nlon Bag & Paper Union Oil lo l nlon Pacific . 1 Colon Pacific pf 4 Cnited Alloy Steel . 7 Cnited- Drug ... . 10 Culled Fruit . Cn-lly Investment. . . . . L'n Hy Invest pf ... 3 United Hetall Stores U S C I P & Fdry. 5 IT S C I P & Fdiy pf . IJ S Express i C S Food Trod 8 I' S Ind Alcohol . . . ..US Realty & Imp.. 8 U S Hubber 8 U S Hubber 1st pf . . 1. S. Smelt A Hef. 100 3.50 U S Smelt & Hef pf. A 1 14 ' iH, l'2 Vz 14 1 l'4 1'4 50100 3700 7500 I'iOO 3100 100 looo !900 I'iOO 400 'MOO 500 1401), 500 100 300 S70JI !4"00 'iOII 8000 ,57410 ITI0I) 400 600 100 100 800 100 77 108 111 19 'A 10 '.".' 5914 l'l'2 1-194 93 14 103 14 1194 !3 373, 66 3094 91 361-2 Iii 94 67 V 5I34 ll'i '.'01 'A 1194 i5V4 9-114 i'i 94 5-il4 30 77', .11114 . ft 94 . 138 i-i .111 . 70 'A .11714 .10094 .11394 70J4 5 I' S Steel 7 U S Steel pf c Utah Conoei Vanadium Corp ', I Va-Caiolina Chem ... 6714 6 Va Hon Coal &. Coke. 7894 Wabash s' Wabash pf A IS Wabash pf U "M Wells Faigo Kxp....-5314 Western Maryland . . . Hfi . West Maryland 2d pf. 18 Western Pacific W4 1 Western Paflfia pi... 59 7 Western Union Tel... 87', 7 Westinghouse A Br.. 119 1 Westinghouse K & M w Wheeling & Ij Krle... k? Wheel & L Erie pf. 4 White Motor . . . White Motor rts I Wlllys-Oveiland . 7 Wllljs-Overlarid pi 5 Wilson & Co ... 8 Woolwot Hi F W . . 7 Woolwortli pf Z Worthlneton Pump 6 Worth Pump pf H Ux dividend. , I8K2 Ci'A 3 1894 88 li 79 1-ifi'A .115 , 87 9 . 71 I 7694 1194 7-J 10194 11 'A 5594 7194 105 11114 1814 9Ji i'iO 5714 4094 11 14 9 1 'A 10'i'A 1194 ! 36 651', 30 93T4 3(1 I'll 61 14 51 li If! -too 1014 114 90 94 1VA 5-114 30 70 Vz 109 l-!9 Vi&V 111 75 . H7& 104 V, 113 75. 5594 oo'A 7894 794 514 15 &VA ' II 18 114 5814 8714 118 'A 5394 vtv, 18 0 VA 17 94 88 7814 1MJ4 115 86 71 13 .Til-2 t 14 1 61 U - I 'A liB 1 31 - U 3194- iH Boy, - 94 61 30 tlo'A !394 (.3'A 1 1954 -II 7314- y ft - !S -10 94 60 1714- 3014 6514' 89 86 Vz 1 Stt'A-:' VA 13 f 46 -. Vz. 11114 68 1 -17 17 -16 -96 - ' 'A -79's-71 1714 !4 I 60 I 76 I HI 'A -37 li 1 101 -101) -151,-3114 1014 33 4 30 ?4 5'1 14 37 li -79 I 107 V 193, 58 -, (fi ' -ill !7, -, !7 101 101 Vi ' U3a- ni'4 1 il 94 4 S8'A "( -35 i -II6I4- 154 33 - 14 1354 -i3W -7114-1414 x 654 f --A1--.-I'l -7094-1S94 -7'! -101',-!Hs - SLIGHT FRACTION SHADING -IN LOCAL MARKET PRICES Renewed Selling in Standard Jnvestpienl Stocks and Jtonds. New York Bidding Jtigh for Money Here 94 ii 9 1 I VA Vz 94 'A IV, Vt 19, J !4 54 1'4 14 1 1,. Vz Vz 394' I "li H' V, V, Vz Vz 1 114 The iluy'ji dealings in the local market differed slightly from any of t lie Imme diate preceding sessions. The greater part of the purely local list inovetl along on about ah eveh heel, or wliele rhaiifres wci-CiirsislMeil, hllerntions wei'( slight. f onsldernble cmniiipiit was made iii market circles on tlie bupply of stocks anil bonds- lepresenliug snips to estab lish losses which 'weiu in greater supply than had ben noted ut nny lime during the citncut mouth. Tliere ivas 11 kqu (nil impression 111 bunking circles nt the close of Hip, week thai much of thU-kind-of-selling wan compjeted. As one prominent bioker put it "the n'mrkct was about lift per cent liiiuidnted." It looked like 11 bad guess today. Such selling was confined to prac titajlj (he. same issues, namely l'enn s'ylvaniu Itailroud, Lehigh Valley. He higlt Nnvi'gaHon nnd I'nitetl (as Iiu nroyemeuL Le,high Valley after an opening" "advance; ,to A'2:i jielded to K) ; Lehigh Xavigntion yieldeil under (!.'! lo tiO's. lVnnsylvaniu fell back to 10 and I'nited (ins met uppoil nt "iOIj. a block of '100(1 slmres being taken at thai tiguie. , Dealings in most all other pints of llie local list Weil! of i veiv limllcil iiiililier with mixed price changes. Most 01 me more popular simies shaded off sonic, which was due mote to tlie nar rowness of the market than celling pres- VA 71 9, - 10514- 114 ill - 1 18 li- H 10 14 113 -194 38 - 94 11 -114 11'i t'A V114- 1'A lOi'A- 'A mi- 14 13 I 3694- 1 (1514- U 3(1 - 1 93J4 3614- H 11194- 'A (17 5114 HI 1 too -' l 'A 1194- 54 IS,- H 9114- H tVA- VA yS 14 30 ' .. 7614- l'A 10994 i?4 1294 .. VtVA- K III V 75?, !4 VJ4 '54 10594- iJi 11314 'A 70 VA 509 VA 6794 H 7894- VA 794- H 13 - 114 is - 94 6114 - 3M 11H- 1'e 18 1114- 1 , 58 Ji 14 87,- 94 118J4- 54 51 - 14 ,IVA- 'A 18 - 94 (.054 54 194 H 18 4- 1 8814- 1-4 li - 94 lli'A 394 115 VA 86 - 114 71 194 sine Or pel haps speaking moie clear-J ),0 xow- York for t.hirty and sixty 11 mini men 01 iiueiesi. I'llllllilelplitii Klci'tiiu lccedet! lo L'l:!.i : Lake Su perior Cofpoiutioit to UO'u. ; I'enusvl- an ia Salt tn 71'i; I'hlladelpliia Kapid 'lransit to V!i,u ; I'hiladclphia 'n-nc- TRADE BUYING FORCES COVERING IN COTTON Offerings Increase and Setback Follows Wall Street Sells on High Money Rates' lion to 50 and Union Traction to 338i, fn several instances the loss of the ground was restored. "What few gains were scored vrefe mainly In tlio inuetrvfi shares. Ameri can (las advancing $3 on dividend re ports. Americnn Railways preferred, ',i us did Yoik Hallways preferred. I'hilnilelphia Company cumulative pre feried was "fi cents higher nt SDHi. llond ('ealings cnutinued on the name heavy scale nnd generally at price ciucessions. Ample lcasons and answers for the banks keeping t lie purse strings tinht 111c lo be found In this week's local bank statement. Most of the local in stitutions evidently hilve been calling on thejr uncle again, or, in other words? cxicntiiug ineir oorrow nigs nc mo rca ernl Iteservo Hunk, -which procedure jnouhl apparently largely nccouut for the further expansion of loans and dis counts of Sl.HIU.OOO us shown in the weekly1 Philadelphia.- Clearing House statement. The reserve position is not so good as in tho' preceding week, the cce?s leservc being cut down $1,020, 000, reduciiiK surplus over legal r( rpiiretnents to .$2,4(18,000. This spells continued thin skating for Jlr. JJor tower seeking extended banking ac commodations for the next week or two. I.ocul motley conditions, if such a thing was possible, aro tighter' than ever. A number ot tlie larger institu tions todav received numerous inquiries day mouov, witli bids ranging from 8 In !) per cent on Stock Exchange col lateral. The nominal quoted rate for motiey here is (1 jler cent, but there is mighty little of it loaning at that figure. " t eluding -15,108 bales to Great Britain, 1,000 bales to Trance. (101 bales to tlie continent and TilHO bales to Japan. and China. 1'revioiis 11 1-30 2:80 Close Opn am p m. vm January. . 37 S2 38 Oil . . S7.75 M.1KI1 . 3.1.11.'! 3 10 35.75 S5.09 . ... Mm 1110 :,!.! 33 07 34.18 33.85 l.llllv . a.' 01) 3S.SII 3S 44 3i H5 3140 OdutiM .. SI) .r'J "J8.65 . New York, Dec. '.). Ti.ide aiid.lap anese buying cunied prices in the cot Ion maiket lipwurd-ti) net advances of KffiS points toward 1 ,r( lock, fpvciug a to""wtit'ui in iiiciu i overiug lint on Ihe basis of .'18 ce Refined Sugars Unchanged New York, Dec. 29. The lefinrd sugar market remains unchanged, -with the National Ilefining Co. offerins line granulated, nt J5.20 ecntR, less 2 per cent Wicasli.. Other refiners, are stjll vvithcliawn oii new business. There jweie no sales of new crop Cubas re- ents for Ian. ' "ortetl. ' lie unuxu oi-aics sugar eijuai uary and .'!(; cents for March offerings ! 'zatio11 hoard made no purchases of inci cased and u setback of 20 or inure liaw"' "" Saturday. ..:,, J-..11.. . . , .:. "."' -" i.ims KMioweu, with Wall street ope- i f;". P.'1- ?saui selling on the tun erliiiu ' ......iivuu oiiuooi; reecte( hi n ,-aII luoney rate of 2.", per cent. Ihe cxpoits were Tll,8:!ri bales, i. DIVIDENDS DECLARED Meiiddl Tire and Ttubbr Co.. quarisrW nt 1"4 psr (ent on nrfcrreil. iyablo January I to stock of record December 20. Match . , . Slav July September Did tat. Tods s Close onen 1(.II3('9.1 14.0.1 . 1.1 0lo IR.lii . n.22WS.'. 'M1 15.02W03 M5VI) 11 00 a m 14 03 1.1 1o 1.1 27 15.09 LIVESTOCK QUOTATIONS (lilcaan, Deo. 28 1IOC1H Kecelu't, OOO head Jlleher Hulk. 1.1 oiikij ,". ton, 114 20. heavy (UIHiflHu trwdlun, sis mitn.ua. iieht. J13.S3&H io. & llehta, 13.R(I013 HOi heavy pachlnif sows smooth I1.1.2.113.TB: nacklntr ravi rmih J12 80fiiW2.1. pls, 113 7of3 75 " (JATTLK Ilecelpts. 28.000 head !,,. settled, Beet steers, medium and heavy oholre -and prime, 118.73 20, medium and ood. fllOlS.ir.. common. H TSBli, Ifflit weight srood and choice. J14)ti 30. common and medium. ?8H; butcher cattle heifers fO. 111014 TS, rows 0 2313 5(l vanneni and cutters, 13.250.23; veal calves SIR fio lfl.BO: feeder steers 7 12 25 sticker Steers. S0U.2.1 SJtnEP Recelnta, v fl'J.OOO head Kirm T.Hmbs, $tQ18.&0, medium and rood, S12& 15.75! common 11210.25! ewes, nwdiUm and sood. S&1, culls and common, f4.fi) tfS.IS, . . a S I F .' J was ((noted at UTS',-: "d tables at :s.70ij. rraui cables at 10.0S and cheeks at 10.70 C.i'cho-Slovakia ex change was nouunal ut 1.7," and Aus trian kronen ot .&'.'. FOREIGN EXCHANGE New York, Dec. 20. Weakness iu the foreign exchange market, in tho earlv dealings today, was In line with the. predictions of leading ii-ternationnl allkers. who claimed that a part of the lecent tally in tlie market nieiely represented end-of-the-.vear covering of shoits. Openiug figures weie ( onsidemblj unuer me uuuiiuui piciiiniiiai. ,i"- '.," pr minted nt r.lf 41, tions add there was n diftereiice of rentes weie n uoteil nt ..Jf ..( several points between tho figures given out by various banking interests. Demand sterling, at !!.78',v uud cables ut 3.70Vi, showed a decline of a cent from Saturday's final. Other quotations were: Krano cables 10.0.". checks 10.0!); lire cobles 13.10, checks 13.12; Swiss cables r.f2, cheeks 5.54; guilder cables 37'.., checks 37 ; pesetas cables 10.40, checks 10.30; Stockholm cables 21.05, checks 21.50; Christianla cables 20.05, checks 20.50; Copenhagen cables III. 05, checks 1S.00; Belgian cables 10.38, cheeks 10.40; marks 2.10; Austrian kronen .02. Around uiidduy, the foreign exchance market htdd iteady, Demand BterltnvjJ Prices Firmer on Paris Bourse rails, Dec, 211, l'ldies were firmer ou ihe'Jldurse todu. Three per cent change on London, 4)f 70c; 5 per cent loan, 88f 30c. The dollar was limited ut Klf 74' -.C; BAR SILVER Cominetcittl bur silver was quoted in New York today at $1.31 an ounce, a decline,, of I'ac Iii London, the pi ice was Tsd 'lower, at 70',il. i . BANK CLEARINGS Hank clearlnes today coinr-ared with Ihe corresponding- day last tvyo vears i i U V j. (SIS' JK1( Boston. PhilarilRO.SJS.IRT .1.'78T.1.17 ISH.03S.SI0 uoston. i "T DaltmiereUB, MONEY-LENDING RATES NEW YOKK Call loans advanced to 18 per cent later. This precipitated wid er selling of lending stocks, excepting coppeis, which rose one to two points on the inci eased demand for the metal. Tlie maiket for time money, with IS per cent bid for call f.ind. con tinues nominal as to dealings. On mixed securities 7 per cent is bid for sixtv and ninety ilas, ami 8 per cent is bid ou industrials for the same ptiiods. Prime incicuutilc paper aud prune bank acceptances are quiet at uu ehuui'cu rates. Cull loans ou acceptances arc un changed also at 4v'J per cent. rillLADULl'llIA Call, (I per cent!' time, 0 per cent; commercial, paper, three to six months, 5 per ceut, and six months, 50 per cent. LONDON Money is quoted at 3a4 per cent. Discount rates, short bills itnjl threeTmonth: bills, 5 per cent. New York Metal Market New Vrrk, Dec 23; COrPEIt All Marifftvircna j.r.Au mtiiuha. 18aVfi bid. I.R1M8T J0.1.78T.1.17 .1fl.03?.S10' All )Onthi, 7Mc Kd. Jlarkut' atrenffr Spelter.' I.81M8S B0,niS.4SS 32,701,183 East St IJouls Spot uud December, fi.SGg 1.802.72a ls.SDS.aeo ..4..r uc-X January, ? 'ebriurynrt JUarcn, H.fq -.jL!,-tLiwd$ I IJaill-iS. w .ov, lQ JJ,4lfDJQV .,.,,i.. i,I.JIlluUfli,liUluW -T,e, J" l(4817.4.o,51o 483.464.T1T ;.. 90, Wrket atroiii.; . 'illffllffif'l . ' 1 1 -lit 'iii" -i Hsl&iit.li'i r TIT,'' mi liiif.4stB1'S1il . In Re Reorganization' of Fort Wayne-& Northern Indiana Traction Company Xoticc to Depositors of Fori Wayne & Wabash Valley Traction Company First Consolidated Mortgage 5ro Bonds under Plan and Agreement of Reorganization dated August 18, 1913, and lo Holders of Undeposilcd llonds. Notice is hereby given that the? undet'siRnecl Committee rcp resentinfr Fiist Ci-i.solidated Mortgage Thhty Year 5 Gold Bonds of the Ft. Wayne and 'Wabash Valley Traction Company deposited under Bondholdets' Protective agreement dated Sep- tember 12, 1917, and the Erotective Committee representing tho First and Refunding Mortgage 5 Twenty-Year Gold Bonds ami-, other securities of the Fort Wayne and Northern Indiana Traction r Co;npany deposited under Protective Agreement dated October 31, 1917, and the Protective Qommittee representing First Mortgage .")rb Bonds of tlie Lafayette and Logansport Traction Company (leposilc'd under a Bondholders' Protective Agreement dated Jan-'"' navy 15th, 1918, have approved, of certain revisions of the Plan and Agieement of Reorganization dated August 18, 1919, under which a somewhat better representation will be given to the La fayette & Loganspoit Traction Company bonds and to the Wabash River Traction Company bonds, and also an additional amount of the First Moitgage Bonds of the New Company will be reserved for expenses and contingencies; nlso the right will be reserved '.,. to the New Company .to issue,' with the approval of the Public, Service Commission of Indiana, at any future time, a class of. secuiities, which will be subject to tho First Mortgage Bonds,, but' prior to the Adjustment Moitgage Bonds and all junior securities, in order to assist in providing for tho future re-,, quirements of the company. Copies of said revisions have been lodged with the Commercial Trust Company of Philadelphia, De positary, and the Fidelity Title & Trust Company of Pittsburgh,, its agent. Notice also is hereby given to the holders of the undepositcd First Consolidated Mortgage 5 bonds of the Fort Wayno & Wabash Talley Traction Company that same may be deposited under the,Plan and Agreement dated August 18, 1919, as revised," up to the close of business January 10, 1920, after which date no deposits will be received except upon terms prescribed by the Committee. a , Committee appointed under Ft. Wayne and Wabash Valley Bondholders' Protective Agreement dated September 12, 1917. P. M. CHANDLER, Chairman E. W. CLARK JOHN M. IRWIN A. A. JACKSON JOHN H. MASON C. S. W. PACKARD R. LANCASTER WILLIAMS W. J. DEVINE, Secretary Pro Tern. 700 Franklin Bank Bldg. Philadelphia UNITEDSTATESGOVERNMENT LIBERTY LOAN SECURITIES $50, $100, $500, $1000 Denominations BOUGHT AND SOLD FOR CASH FULL INFORMATION REGARDING TAX FEA TURES OF ALL LIBERTY LOAN SECURITIES WILL BE FURNISHED UPON REQUEST. MONTGOMERY & CO. NEW YORK CHICAGO' 133 S. 4TH ST. PHILADELPHIA Tl.I.ErilOM'.M Hell, Lombard 4320. Keystone, Main 231 (Jorerninent (Securities' Department TIME TO AVERAGE t Bonds of these id el I 'known local Gas & Elec tric Companies are now selling at prices to yield 5,60 to 6.25. Reed A. Morgan & Co. West Kurt 7'rual Jllitg., PhlUi, Allentou)n-BethUhcm ,Oas Co, Counties Gas tC ISlectrio Co, Chester CounlUQas,Co. , - - f PMla. lllectrio Co, Villa, fiic-lmrlian (las f"Ktee Oa. AI Memnl (romiPenna, State ' UtAbevs-ot PMi, Hlocli lixohmive ' "-4,v" "& :'-. ttf! w A I H f IP 1 il SI ; M
Significant historical Pennsylvania newspapers