KTBf--
15 t, 1
Evening public ledger-philadelphia, monday, January 12, 1920
21
X' i'
$4,800,00(f
Allegheny County, Pennsylvania
4V2 Tunnel Bonds
Dated December 1, 1919 ' Maturing $ 1 faO.000 Annually
December, 1920, to December, 1949
FREE FROM PENNSYLVANIA STATE TAX AND ALL
FEDERAL INCOME TAXES
(No Income Tax Ownership Certificates required in collection of coupons)
. Denominations $1000
Financial Statement-
Assessed valuation $1,707,855,065.00
Net debt 30,159,505.56
Population, census of 1910 1,018,463
Net indebtedness, less than. 2
Allegheny County has about one-seventh of the population and over one-fifth
of the assessed valuation of the State of Pennsylvania.
Legality of Bonds approved by Messrs. Hawkins, Delafield and Longfellow,
Attorneys, New York.
Prices to yield about 4.25
The Colonial Trust;
Company
Pittsburgh, Pi.
M. M. Freeman & Co.
421 Chestnut Street
Philadelphia
'I'clophonc: Lombard 710-711
High-Grade Investments
for Idle Funds
This Company offers for sale at par and
accrued interest
United States Treasury
Certificates of Indebtedness '
Maturing March 15, 1920 41k
Maturing June 15, 1920 4lk
Maturing Sept. 15, 1920 4V2
Maturing Dec. 15, 1920 4
These certificates may be used to pay Federal Taxes
on the days they mature, or the holder may
receive payment in cash.
Free of Normal Federal Income and'State Taxes
Telephone Spruce 1480
COMMERCIAL TRUST COMPANY
Member of Federal Reserve System
City Hall Square
'IIIIIIIIIIIIIIIIIIIIIIIHMIIIIIIIIIIIIIIIIIIIIMIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII
I CONDENSED STATEMENT I
I The HADDINGTON TITLE I
I and TRUST COMPANY
I OF PHILADELPHIA 1
f 6014-6016 Market Street
PHILADELPHIA
I Close of business December 31, 1919
LIABILITIES
Capital $125,000.00
Surplus 50,000,
Undivided profits . . . 38,948,
Dividends 88,
Accrued interest . . . 2,038,
Bills payable secured
by Liberty Bonds. 180,000
Deposits 2,477,390
, ASSETS
2 lash and reserve . .
; Loan3
Iivestmtiifs 7.7.7.'.
Office building and'
5. , rMl estato
: furniture and ....
fixtures
Accrued interest ..
Overdrafts ...
,$400,810.45
, 842,089.73
1,528,752.81
, 52,822.25
! 18,700.00
, 30,210.27
88.80
$2,874,074.31
nn
uo
,50
,09
.00
04
$2,874,074.31
William Cibbons, President James V. MncBurney, Treasurer
imilMi " " n 1 1 1 1 1 1 1 n 1 1 m 1 1 1 1 1 1 m i n n n n m n n ! n m ! ! j ! ! n n n ; 1 1 1 n 1 1 1 n 1 1 m 1 1 ti 1 1 1 1
UBERTY BONDS
All Issues
Bought and Sold
$50 ?100 $500 ?1000
$HAM, PARSONS Co,
tW-a'l,Mnut suri
f
GEO. A. HUHN & SONS
STOCKS AND MINUS
Members of ths Philadelphia, Naw
Tork and Chlcaco Stock Eichangtt
New Tork Cotton Exchange
Commliilon Orders Executed In
, All th- Principal Market
UUIXKVUK CUUltf 11LDO.
HI It Walnut fit,
NKW TOni IIKKJCB
1H Broadway, New Vorfc
,,' -.J ' i
UNDERLYING
RAILROAD BONDS
To Yield SVs to 7
List on Application
Blodget & Co.
501 Real Estate Trust BIdg.
Tel. 1G06 Walnut
Boston Now York
NEW YORK BOND SALES
Summary of Individual Transactions on New York Exchange
Am S & Rot Co Ei
80
...86
... 80
, .. 86
& Tel clt
,.. 70
... 10
. .. 'J0'i
... 10
,.. 79
T cv iHi
... 82
& Tel El
...83
. .. 82
. .. 83
. .. 88
. .. 82
Tel 03
09
09
09
99 '
0914
00
00
10000 .
25000 .
2000 .
1000 .
Am Tel
2000 .
1000 .
1000 .
2000 .
4000 .
Am,T &
2000 .
Am Tel
17000 .
1000 .
2000 .
1S000 .
3000 .
Am Tel
3000 .
1000 .
2000 .
1000 .
fiooo .
iooo .
infill .
Am Tobacco Co 6b
2000 .... 83
Am V Paptr Go 7s
9000 .... 83'!;
Anglo-French B 5a
&
15000
1000
iooo
0000
0000
sooo
0000
iooo
1000
12SO0O
16000
1000
sooo
1000
5000
4000
1000
05V4
96
06 V
06
00
00
06 Vi
96
00
06
06
06
90
96
96
06
06
0000 .... 07
2000 .... 67
14000 .... 07
Chi It L & 1'ao 4s
4000 .... 75
Chi & Vf Intl R 4s
3000 .... 60
1000 .... 00
Chllo Copper 0.1
6000 .... 83
10000 .... 83
10000 .... 82
5000 .... 82
2000 .... 83
Chllo Copper 7s
liOOO ,...108
1000 ....108
1000 ....108
City of Bordeaux Cs
13000 .... 92
City of Lyons 6s
1000 .... 02
C of N Y 4s of 67
3000 .... 80
C of N Y 4,fcs of
Nov 67
33000 ....100
C of N Y 4s of 58
1000 .... 89
C of N Y 4s of 69
6000 .... 89
C of N Y 4,4s of 63
10000 ....100
City of Paris B 6s
Argettno Repub 5a
1000 .... 71
Armour & Co 4s
4000 .... 83
Atch T & S V aJJ
6000 .... 71
5000 .... 71
Atch T & 3 P 43
SOOO .... 79
4000 .... 70
4000 .... 79
1000 ....,79
1000 .... 70
10000 .... 70
Atl Coast Llhe clt
SOOO .... 71
Atlan Coast Lino 4s
1000 79
Bait & O P L B &
West Vir sys 4s
2000 .... 50
5000 .... 69
Baltimore & Ohio cv
6000
1000
1000
SOOO
3000
1000
1000
5000
1000
02
92
02
02
02
02
92
02
02
N O Tex & Mex 4i
5000 .... 04
1000 .... 64
N O Tex & Ilex 5s
2000 .... 51
2000 .... 55
1000 .... 55
NYC&HRR 4
5000 .... 77
N Y C & II II r 68
3003 .... 03
6000 .... 03
1000 .... 93
2000 .... 02
1000 .... 03
N Y C & St L D 4s
1000 .... 71
10000 .... 69
N Y Gas Heat &
Bleo L & P Co 4s
6000 .... 01
10000 .... 61
3000 .... 63
N Y N II & II 6s
1000 .... 71
1000 .... 71
1000 .... 71
N Y RallwayB ct 5s
6000 .... 7
New York Rwys 6s
1000 .... 7
N Y Telephones 4
St L & San Fran B
10000 .... 70
St L & So West en
3000 .... 51
S R M & O cert 4s
3000 .... 67
Texas Company Ga
4000 ....103
5000 ,...103
Ter It A of St L 4a
6000 .... 70
Tex & Pao Ry 1st
8000 . ., 84
Third Ave'Rwy ad J
1000 .... 20
Third Avo Rly 4s
1000 .... 61
O K of G B & I 21
1000 .... 96
3000 .,. . 90
6000 .... 96
10000 .... 9'
CORN FUTURES RALLY
AFTER WEAK START
Early Setback Influenced by
Cheaper Prices for Hogs
and Better Weather
DECLNING
PI
CHAIN UEtr weathep. ronncAST
t'lilrnro, Jan. 12. Illinois Uiuettled
nnd warmer tonight! probably Hunt rain or
now; Tuesday moatly cloudy; colder.
Mlmourl Mostly cloudy nd warmer to
night; Tuesday part cloudy nnd colder.
Wisconsin Snow nnd warmer tonight;
Tuesday colder. Minnesota Unsettled to
night, with snow and colder: Tuesday fair
and colder. Iowa Cloudy tonlsht and
warmer; Tuesday part cloudy and colder.
North and South Dakota Part cloudy and
colder tonight and Tuesday. Nobraskn
I'art cloudy tonlBht; warmer: Tuesday
fair and cclder. Kansas lair tonight and
Tuesday; warmer tonight; colder Tuesday.
Montana rart cloudy tonight and Tues-
na. Wyoming ran ciuuuy iu,i mm
Untd K of O I as I Tuesday; warmer.
City ot Toltlo 5s
3000 .... 60
Colo Induct Co 6s
1000 73
Com Tab & R Co 6s
5000 ..... 80
Consol Gas Co CV
6000 99
Denver & Rio O fd
41000 .... 45
Det Un Rlyws 4B
2000 .... 67
Dom of Canada '21
6000 ... . 98
6000 .... 98
Dom of Can of 31
1000 .... 01
1000 01
1000 .... 01
1000 .... 91
Erlo General Lien
4000
6000
6000
2000
1000
4000
2000
81
81
81
81
81
81
81
3000
2000
6000
4000
1000
2000
2000
1000
03
63
63
63
03
63
63
03
Baltimore & Ohio 4s
1000 .... 67
5000 .... 07
1000 .... 67
Baltimore & Ohio 53
1000 .... 66
1000 .... 00
10000 .... 66
3000 .... 65
Beth Steel 5s of 37
5000 .... 87
6000 .... 87
Beth Steel Corp fd
6000 .... 87
Brk Rap Trans Es
1000 .... 33
Bk Rap T ct sta 7b
1000 .... 42
Brook Rapid T ct 7s
SOOO .... 45
Brk Rapid Trans 7a
3000 40
Buf Ro & Pitts 5s
2000 .... 92
Cal G & Elec C Es
6000 .... 89
Cent of Georgia 6s
SOOO .... 01
Cent Leather Co 5s
0000 .... 06
2000 .... 96
2000 .... 96
Central Pacific R 5s
2000 .... 06
dies & Ohio 4,,s
70
1000 ..
10000 . .
1000 ..
5000 . .
Erlo Rail
1000 . .
2000 ..
1000
. 42
. 41
. 41
. 41
Road 4s
. 54
. 64
. 54
rets Of '22
50000 .... 95
25000 93
60000 .... 06
100000 .... 01
100000 .... 91
3000 .... 04
10000 .... 91
8000 .. 91
SOOO ..." 9"
S5000 .... 91
Untd KotOBil
rets of '29
100000 .
Erlo RallRoad cv D
1000 .... 38
Georgia Pacific Gs
2000 ....100
Grt North Rly 1st
30000 85
II & Tex C nil 1st
10000
Hudson
1000
1000
1001)
Hudson
1000
10000
sooo
2000
2000
Illinois
1000
111 c c
... 91
& Man In
, ... 16
... 16
.... 16
& Man fd
, ... 60
, . . . 00
, . . . 60
, ... 50
, ... 00
Central fd
. ... 75
& St L &
1000
1000
1000
1000
1000
4000
1000
75
75
75
75
75
75
Ches & Ohio cv 4js
1000
7000
1000
8000
1000
2000
1000
70
70
70
70
7B
76
76
Ches & Ohio cv 6s
N O Jt Bonds 5s
5000 83
1000 .... 83
111 Central 4a of 53
1000 .... 71
Illinois Central 5s
1000 .... 93
Illinois Steel Co 4
2000 .... 83
3000 83
Imp Jap Govt 1st
5000
10000
10000
mono
5000
6000
5000
100O
78
78
79
79
79
80
70
70
N Y Telephones 6s
2000 .... 90
N Y W C & B 4 Vis
2000 .... 30
Nor & Southern 6s
3000 .... 54
Norf & Western 4s
3000 79
Norf & West cv Gs
5000 104
Northern Pacific 3s
11000 .... 55
Northern Pacific 4s
2000 .... 78
Oregon Short L 4s
1000 81
Orgon Short L 6s
1000 ....100
Ore Wash RR Co &
Navl Co 4 s
1000 .... 71
Pac Gas & E Co 5s
1000 .... 82
Penna RR 4s of 57
1000 .... 83
3000 .... 82
Penna R R gm 4 Vis
1000 83
3000 .... 83
4000 .... 83
3000 .... 83
Pennsylvania UR 5s
5000 .... 92
1000 .... 02
1000 .... 02
3000 .... JlS
1090 .... 92
3000 .... 02
Pere Marquette 5s
40000 .... 87
0000 87
Reading R R Co 4s
1000 .... 811
Rep of C B Es 11)04
1000 .... OOTi
3000 .... 90
Seaboard Air L a
2000 .... 37
2000 37 'A
1000 37
2000 .... 37
2000 37
7000 .... 37
Seaboard Air L fd
1000 46
15000 .... 47
4000 .... 47
1000 .... 47
Southern Pacific fd
3000 79
8000 .... 79
1000 .... 70
Southern Pacific 4s
1000 .... 72
South Pacific cv 4s
1000 .... 81
7000 .... 80
1000 .... '80
100O .... 80
1000 HI
1000 .... 80
South Pacific cv 5s
42000 ..
06000 . .
20000 . .
100000 . .
80000 . .
1000 ..
3000 . .
42000 . .
3000 ..
100.0 . .
26000 . .
C K of G
6000 . .
7000 ..
15000 ..
3000 . .
3000 ..
2000 .
2000 ..
6000 . .
10000 ..
1000 ..
0000 . .
3000 . .
2000 . .
13000 ..
7000 . .
1000
. 05
. 95
. 95
. 95
. 95
. 95
. 95
. 05
. 94
.'95
, . 95
. 04
B ft I 37
, . 90
, . 90
. . D0
. . 90',.
, . 90
, . 90
, . no
, . 90
, . 90
. . 90
. . 90
. . 90
. . 00
. . 00
no
90
THE RULE ON CURB
Many Active Issues Under Rres
sure Stocks of Oil Com
panies Yield
Heqouyah Oil i
Skelly Oil t 13
Sinclair (lulf 70.,
Spencer l'et IV.
Htanton Oil ............ H
Texas Co w I 60 ',4
Tropical Oil 22.
Victoria OH new Hi
Vulcan Oil H
White Oil 47!4
White Eagle 24
Way O & U 4V4
Dominion . . SOU
Ulllltand 60
.MINING
h
45
35i
64
H
4S
Ik
01
CARIB SYNDICATE WEAK
Imp Jap Govt 2nd
12000 77
5000 77
Imn Tap Govt 4s
10000 63
4000 .... 63
1000 .... 03
Indiana Steel Co 5s
1000 93
Inter Mer Marine 63
1000 91
4000 .... 04
1000 !)4
2000 .... "
2000 !)5
lnterb Met Co 4 Vis
Union Pac R II cv
iooo 87
1000 R7
Union Pacific RR Is
1000 81
2000 .... 85
Union Pacific RR 6s
iooo ....101
3000 ....101
4000 101
Untd Rly Invest Co.
of Santa Fo 5s
1000 .... 74
U R of S F un ct 4s
10000 .. .- 2
U R R of S F cq
ct 4s
10000 .... 27
2000 . .'. . 27
U 9 Real & Imp 5s
Chicago, .Ton. 12. Tteports of a
strike at Rosario, suggesting that tlic
loading of Argentine grain might be
hampered, continued meager. Supplier
nf cars in important western territory
nnd nu improvement in the easli article,
following n decline of 1 to 2 points, led
to good buying of corn futures today,
nnd rallied the market after it had
boon weak. Shorts were compelled to
cover.
The early f-otbnclc in futiu'cs was in
fluenced by cheaper prices for hogs,
favorable weather, a bearish interpreta
tion of Julius II. Barnes warning about
the unusual hazards that confront hold
ers of wheat nnd flour when the gov
ernment ends its control in .Tune, and
his advice to operators to reduce their
commitments. , ,
Generally there wns not much feature
to the dcaiings, which were on a small
scale.
Oats also rallied well on a good de
mand for the cash article; suggestions
of an inquiry for export nnd covering
after the market had been under the
pressure of liquidating sales and sell
ing bv one of the important bull lead
ers, who it wns thought had switched to
the bear side.
Trading was not brood.
Tending futures ranged as follows:
Corn (new df livery)
Open High liovr rnna
Jan. ... 1.3SH 1.3Mi 1.H7',i i.ao;i
Mav ... l.Di '.15 1.33 1.31j
July ... .132 1.33H 1.32H 1.32't
Oats
May ... "S2'i F34 81 !i :
New York, .Inn. 12. The Ilroad
Street Curb market today moved in the
same way as the mnjority of issues on
the stock. exchange, many of the active
shares being pressed on the market at
declines nnd the Important movements
generally consisting of losses rnnging
from 1 to 8 points.
General Asphnl t had the widest
range, selling at 128 to 121, and the
stockSyof the oil compnnles in the Homer
field yielded from 1 to II points. Tri-
angle lilrn wus exceptionally firm, sell- I Magma chief
ine at . rjiur-h Mininc
Standard Oil of Anv Jersey sold nt
705, u gain of .'!() points. Curib Syndi
cate was one of the weak features, de
clining from .18 to -IS1;. .Marconi of
America sold nt 0 to (i1... Montgomery-Ward
was firm, with sales nt 10 to
There was un increased iutcrest in
Lake Torpedo, which sold at .'! to Ul.
14
6
74
4
4
sit
".
Arizona SlUer 4;i
Atlanta lYt
Holchir Divide 21
Ilelcher Divide Kxten.... 38
nig Iedgn
llooth
Hoston & Montana...
Caled Minim:
calumet & Jerome . .
Canada Conoer . . . .
Candelarla M
cons Virginia
Cons Con M
Cresson Gold
Crescent MacNfimarn
jjivkjo extension r,j
Eureka Croesus 1 at
Forty-nlno Mining 1 vs.
Torluna Cons 30
Golden Gate Exp 1
Gold Cons 15
Gold Kewona 3
Gold Merger 3
Gold Silver Pick r,
Great Held 3 .
Hecla Mining 4U
Jumbo Extension 7
Kerr Lake i ?
Knox Divide 15
Louisiana Co i
MacNamara 81 .
23
Mother I.ndc 0
National Til 1BW
Nlplsfilnff UTn
B
Sat,
tloso
i.r.81
inim;stkiai.s
Aetna Explosion
American Mnrcont
Amal Tire Htores
Am Safety Itnzor
ltritlsh Am Chm . .
JJrltlsh Amer Tob coup.
Car Unlit
Columbia Emerald
General Asphalt
Hayden Chem
Hupp Motors
Iake Torpedo U
American Candy
Mont Wurd
North Am Paper
Ovorland Tire
I'orfection Tire
Republic Tire Ilubber
S3
Julv . . .
Pork
Jan Mm- ...3P.P0
Lard
Jin . . .23.-t.-i
Mh-. ...24.7:;
1 tlbs
Jan
May ...20.23
t Asked.
701,
MM
3S.25
30.30
24.12
25.12
10.50
20.55
SS.flO
38.00
3 5
24!"
10.10
20.25
3S 2.-. t3S.5l)
311.30 T38.80
23.10 23.(10
23.U5 t24.l)0
10.60 10.50
20.52 t20. 10
10000
4000
2000
4000
10000
5000
2000
80
80
80
80
80
80
80
Chicago & Alton 3s
8000 48
Chi ei Alton 3a
15000 :... 31
Chi B & Quincoy 4s
95
95
95
95
95
05
95
95
95
'95
95
5000
15000
2000
8000
5000
10000
2000
4000
4000
4000
2000
CM & Grt West 4s
1000 .... 60
2000 .... 56
C M & St Pem 4Vts
2000 .... 78
1000 .... 78
c M ei St P fd 43
2000 .... 69
2000 00
3000 60
23000 .... 59
1000 00
1000 .... 00
CI.I M & St P 4a
1000 .... 72
1000 .... 71
1000 .... 70
1000 70
C M & St P 4s ot 23
1000 72
2000 .... 72
1000 71
2000 71
SOOO .... 72
C M & St P CV 4H
4000
1000
15000
2000
1000
1000
:ooo '
08
08
08
87
07
07
67
MahonlnE Jt Mirnanto It. $ I.t. 5a, 1920
Atlant.i Huh Mcht 5m. 1047 '
l.rlilih I'ourr her. Us. 1927
I'rniiii, Wutrr & I'r. 6a, 1940.
Iltildnln I.oni. Works 6s, 1910
HENRY D. BOENNING & CO.
stock KxniANon BOir.nma
Direct l'rlvtt Tclnptuui ! Nw Jfork
Uemlitn 1'bUa. Stock lUctuw
Chi M & St P cv 6s
2000 .... 07
10000 .... 87
2000 .... 07
100O .... 08
10000 87
2000 .... 68
Chi & Nwest sf 5s
5000
1000
1000
1000
0000
4000
2000
5000
3000
18
18
18
18
18
18
18
18
Inter Rap Trans fd
8000
9000
iooo
iooo'
3000
1000
6000
1000
2000
10000
10000
2000
10000
5000
5000
10000
South
10000
6000
10000
4000
1000
101
103
103
103
....104
103
. .. .103
.... 103
103Vi
Railways 4s
.... floa',
.... 00
0
(10
00
4000 ..
Chi It I
13000 ..
7000 . .
200O .
23000
15000 .
1000 .,
10000 . ,
2000 .,
6000
SOOO .
, 08
Pno fd
. 87
67
, 87
67
67
. 87
, 67
. 07
, 67.
7
54
33
SSa!
51
53
53 Vi
33
2000 .... 53
5000 .... 53
5000 .... 53
25000 53
11000 .... 52
J V & Clear nil Is
1000 .... 78
Kan City South 3a
1000 .... 58
Kansas City So 5
1000 .... 75
1000 75
Kan C Term Rly 4s
iooo 7fl
Lack Steel C of '23
4000 94
Lack Steel Co of 50
1000 97
2000 9(1
L S & M S 4s of 28
1000 80
1000 .... 8C
L S & 51 S IS ot 31
1000 81
1000 81
Lehigh Val en 4's
2000 83
Lehigh Valley His
Kioo 83
Lehigh Val II Co Cs
5000 101 Vi
3000 ....101
Liggett & Myers 7s
1000 110
Lone Island RR fd
1000 69
1000 .... 69
1000 69
Louis & Kashv'a 4s
2000 .... 83
10000 .... 83
13000 83
3000 .... 82
7000 .... 83
2000 .... 82
Mich S Tel Co 6s
1000 85
Mldv S & Ord Co 5s
2000 .... 83
Minn & St Louis 4s
1000 ... 38
M & N OCo 4Uscn
1000 77
Mo Pnclttc
4000 ...
1000 . .
1000 ...
6000 . .
Mont Power Co 5a
1000 .... 83
10000 . ... 85
Morris Co 4s
SOOO . ... 87
Southern Rlwys 6s
1000 .... 80)',
100( 88
2000 .... 86
Standard Mill Co 5s
1000 93
StP& Kc SI. 4 Vis
2000 .... 03
St I. & San Fran aj
1000 .... 00
St L & San Fran In
1000 .... 42
1000 .... 42
2000 .... 43
2000 42
1000 .... 42
St L & San Fran A
10001) .... 58
3000 .... 68
10000 .... 58
1000 .... 58
14000
1000
5000
6000
4000
4000
5000
15000
noon
14000
1000
11000
2000
5000
4000
(10(1 II
1001)
3000
81
81
81
81
81
81
81
81
81
81
81
81
81
81
81
81
81
81
I CH.ICAGO BUTTER ANG EGGS
ChlcaBO. Jnn. 12. BCTTim Lower.
I'r'Hinery. 63 (13c.
I ;3GS- Pnsettled. Receipts. 209n cases.
llrts. fi9i!nnc; ordinary firsts, o.iSPGTc; at
mark, cases Included. 05B8c
New York Metal Market
New York. Jnn. 12. COITKH- -Spot and
January, Ib'-ac bid. Kebruarw. lllHc bid;
March. lOHc bid. Market linn. 1.12AD
Spot, January and Februarv. h'j 0c. .Mar
ket stronff. Spelter. Hast St. Louis All
months, 0.22'-i !.42Vic. Market quiet.
Snows Fonntnlns 13
Kuoinarine tioat ...
Tob Prod IIxp
1 riaiiKie cum 7
V 8 Steam 4
United Itet Candy Is
United Profit Sharlntt . . 3',
United 1'lct Prod 17
Itadlo Co 2T
Hlph Low Last
J S'a SiJ,
d'j (I'i tiU
, 1'1'i l.-, i.-.J
17'a lHt 17
. O'i II 914
. 27 27; 274
3 3 3
. 21'4 2()',a 21H
12S 121 122H
l'lfi 10 1(
. 3 '3 3 2
, s',4 su
. 4(1 411 404
. 5 5U :,
. 2Hi 2s. 2il
J'. 34 3'4
5 .'.Mj 5ft
. 13 13 13
. 17 17W 17
. 30 , SO 30
Onondacn
nornester .nines
Hope Group
San Toy
M tlllver Lead
Tonopah Belmont
1 onopan (.asn jioy
Tonopah Divide
Tonopah Extension
TonopahJIm llutler ......
Tonopah Mldwnv
Tonopah Mining
Tonopah Montana
Tonopah Riscuo Uula
I'nlty Gold
United Eastern
Victory
West Knd Co
Whlto Caps
White Copj Exten
Wllbert
Yerlneton
IIO.NDS
Allied Pack (Is
I A T "1 T lis of '22
A T & T HI or '1M
Canadian Govt 5'4 s of
i;c c & st n os
T R T 7s
Ilusslan 54 a
Russian OVj s
18
H
37,
is
.'-,,T'
111
Ti
4i
!
7
314
.. 80
.. 07't
. . 1I0V1
20 1111
.. 88
. . 74
. . 30
. . 311
if
8U
is1-4
28
1
li
Hi
20
Hi
It
3
3
r.
3
4rV
4 i
16
70
23
(10
13
'ill
18
.A
'4
I
22
18
,2V.
11)
211
II
I
17
It
v
24
3
71
39
i
30.
iU
lk
A
14
3 ,
3
r.
.1
4,V
h
7 ;
23"
(1(1
11
8i
IN
if
"5
it'4
i!
3' 3'4
85
117 W
(III1..
Iljg
74
30
3(1
85
07'i.
IMIU
till
?;
30
30
3T4"
174
3
15
Allied Oil
Alliance
Associated
Amal Royalty
livll Pel
Iloone Oil
Boston Wyoming . .
Hurknett Van Cleave
Curio Syn
Cltlen Service Jt ctfs
Cosden &. i-'n
Klk Uusln l'et
Uriel Oil f
Kstneratda Oil ....
Federal Oil
Glenrock OH
(lutTey Gillespie
Hume Oil
M'itnn Oil
Hudson Oil
Iiu I'etroi
Invlnclb..
jHkind Oil
Merrltt Oil
Metropolitan V t . . .
Mex Pan
North Am Oil
Omar Oil
Phillips l'et
Itan Oil
Salic t'rek rrnd . . .
iNiKri:xi)Lvr oils
JOti
IT
1
2J4
7 '4
10
1
1
2'i
iV i'i
-"
42U
43
II a
8i
2',4
IS
84
ii
1J,
3',
34
0
112
. V,
(',
3S
It
20'.4
3S
111
4H
fe!l SO
I'.i 4",
53 52W
. .. 4 '4
. . . 3
. . . 37
... 7
...115
... 1
. .. 7 Hi
. . . 311
... Oil
...21
. . . :ii
. . . 20
... 4
4
17':
3
17
16M,
1T
1
2',4
7',i
H
2
44U
43
I'S
8
3.,.,
145
1
r.'.i
3S
it
21
!
in
4
fc'-s
SO
IS
c IV .in ix 1
itton this A
the basis
iddllng at
inles. The j
Liverpool Cotton
Liverpool, .Ian. 12. J here was a
moderate request for spot cotton this"
morning with prices easier on
of n decline of It!) points for mldd
28.-10d. The sales were 7000 bale
receipts were O.'.OOO bales, including J
60,100 bales American. In the enrlyV
dealings the near positions in future;!
were easy nnd the distant mouths
steady. Spot prices were: Americali,
middling fair, '!.'!. HOd ; good middling.
yo.ti.xl: tuny middling, :t.US.mJ ; mid
dling, 2S.40d; low middling, 25. Kid;
good ordinary, -2.90d, nnd ordinary
21.00d.
Insurance Co. Pays Extra Dividend
The Insurance Co. of North America
has declared a regular semiannual div
idend of V per vent and nn extra div
idend of S per cent, payable .Tnuuury
19 to stock of record January 14. Kix.
months ago the rompuny' increased its
semiannual rate from G to 7 Vis per cent
and a year ago the company declared
a seniinnnual dividend of 0 per cent
and S per cent extra.
U S Rubber Co 5s
1000
5000
2000
3000
3000
1000
3000
1001)
1000
1000
88
88
88
88
87'),
87
88
8H
87
88
V S Rubber 7s
3000 ....103
1000. .... 103
5000 ....103
U S Steel Corp 5s
1000 .... n
11000 .... iinVi
3000 .... 09
1000 1)8(51
10001) .... 9!)
1000 .... IIK
lillOII .... 08
201) .... 1)11
10001) .... Illl'i
Vlr Car & Chem 1st
6001) .... 95
3000 .... O.VSh
1000 .... 95
3000 .... 01
West Pacific RR 1st
2000 8 Hi
West Shore R R 4s
2000 .... 71
West Union Tel lrf
3000 .... 80
Wilson Company cv
,5000 .... 98
Wilson Company 1st
iooo
10000
iooo
6000
1001)
Lib Ttds ."Uis
Lib lids 1st 4s...
Lib lids 2d An...
Lib lids 1st 4s,
Lib lids 2d 4,s..
Lib l?ds ,'id 4',js.
Lib lids 4th 4,s.
Vic Nts .'i-'!is
Vie Ms -Wis ...
TUch Lew
rrn.tii) !ii.5ii
1)2.11(1 D2.SS
!) U0 01.72
9:1.24 IW.ld
!)2.I0
94.40
92.00
09.00
9S.9S
1)2.24
94.00
92.41!
9S.S2
9S.7C.
90
97
97
97
97
1:13
11.111
99.52
92. SS
91. SO
9:i.l(l
92.21
91.01
92.50
OS.S'J
9.7(i
Head Office
SS Wall Street
New York
THE NATIONAL CITY BANK
OF NEW YORK
AND BRANCHES "
" Condensed Statement as of December 31, 1919
ASSETS
CASH on Hand, due from Federal Reserve
Bank, Banks and Bankers, and United
States Treasurer and United States Cer
tificates of Indebtedness $291,874,106.12
Acceptances of other Banks 27.442.676.85 $319,316,782.97
United States Bonds 15,025,282.67
"Loans and Discounts 595,358,071.42
Bonds and Other Securities 36,559,289.09
Stock in Federal Reserve Bank 1.800,000.00 648,742,643.18
Banking House . 5,000,000.00
Customers Liability Account of Acceptances 60,746,871.29
Other Assets 5.612.026.98
- N Total $1.039.418,324.52
LIABILITIES
Capital, Surplus and Undivided Profits $80,165,305.37
Deposits df 767,155,210.70
Reserved for Taxes and Interest Accrued 3,824,362.29
Unearned Discount 2,538,961.08
Circulation 1,417,395.00
Due to Federal Reserve Bank 70,593,537.47
Other Bank Acceptances and Foreign Bills Sold with our
Endorsement 43,534,382.46
Acceptances, Cash Letters a Credit and Travelers' Checks... 62,596,867.07
Bonds Borrowed 3,333,200.00
Other Liabilities 4.259.102.98
Total $1,039,418,324.42
Financial Briefs
pm 4s
38
58
68
38
The average price of twenty active
industrial stocks declined .2(1 per cent
on Saturday to 10(i. .'!:, while twenty
railroads advanced .00 per cent to
75.02.
The New York Suhtreastiry gained
$899,000 from the banks .on Saturday,
making n cash net gain since Friday
of $11,557,000.
Frank M. Horn, until recently presi
dent of the I'ennsjlvauia Hankers' As
sociation, died last night. Mr. Horn
wit'i cashier of the National Hunk of
Catnsnun.ua, l'n.
There wns no decision in the stock
dividend ease by the Supreme Court.
Matthew I5rush, formerly president
of the Itnstnn Klcvnted Itnilnmd Co. and
I now with the American lutoniiitiuiuil
Co. nt Hog Island, has refin-ed nu offer
to go to t iiiengn anil take cnarge ot me
Chicago Street lluilwny Co.
Gold exported from the I'nited States
(luring 1919 was $.'!lts,l-ll.. 15 according
to Federal Heserve Hoard report. Im
ports were .$70,5:11,01(1. llxeess of ex
ports over imports amounted to $291,-010,109.
Brokers' holdings of United States i
Steel common stock December .'11 lust, j
were 2,015,025 shares of !t9.(l5 per cent j
of the total issue against 2,210.514 or ;
11.52 ner cent on September !I0. Be
tween these dates the number of Hhnrcs
held in names of individual Investors in
creased from .ut.oh or .H.4H per cent
qf.outiitandlne stock to 3,037,400 shares
Bonds for Safe Investment
There is a great deal of satisfaction in knowing that your money is
invested in safe bonds.
A sound bond pays interest in periods of financial stress just as in
normal times. Corporations may not pay dividends although they
continue to pay interest on their bonds. The profits from a private
business may decline, but good bonds of Corporations, Municipali
ties and Governments keep on paying interest. As long as the
financial structure of the world holds together the owners of sound
and properly safeguarded bonds can be well assured of their prin
cipal and interest.
Our organization has specialized for 38 years in the purchase and
sale of carefully selected bonds. During this period we have bought
with our own funds several billions of dollars of bonds, which have
since proved safe investments for our customers.
We would like to discuss your investment problems with you,
whether the investment is a few hundred dollars or many thousands.
We invite correspondence and suggest you ask for Circular F-32
Harris, Forbes & Company
Pine Street, Corner William, Now York
Widener Building Philadelphia
Harris, Forbes & Company Harris Trust and Savings Batik
Incorporated P,,nd Department
Boaton Clilcaijo
n
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r uy,ui per vvu
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