svsmsjs(bjms-s
H III 1 1 I H K Hjlliil
HV ., .
m ' . " i Kim -nn ri-mii i. tin
nHTsffrUr IHCTilDV
rinAnUlHLnioium
MADE THIS WEEK
.
tZlZJM
" f '
kWipWutf
Ail Markets Affected b Unprec
edented Situation In Interna
tional Trade Relations
EXCHANGE IS DEMORALIZED
uwk sales todav on the New York
J&Mfc compiled by the Evening
5B, totaled 455,800 Mian.
New York. Feb. ,". The New Tprk
ETtnlnff Sun's closing financial review
today says i ,
In contrast with the turmolj ot the
,. Wall street enjoyed n restful calm
Jifh featured today's short session of
the stock market. The quick upturn
u, jesterday found further reflection
for a brief interval at tho opening this
notnlng.
Initial prices were considerably high
,t but it was not long before a mild
reaction set in. In some instnnces car
in quotations down as much as 1
: 3 points. Neither the advance nor
the decline were very convincing proof
of strength or weakness.
The most potent ponstructivo influ
mce was the lowering of money rates
MBtcrday to JO per cent, accompanied
L rumors that some demand loans had
been made as low as 0 per cent. While
a", was not at all likely, it indicated
the trend of sentiment with respect to
the immediate outlook for loaning
rate!.
Talk of 6 per cent call money next
wtck was quite frequently heard; at
,ny rate the financial community feels
that the peak of stringency has been
reached for some time perhaps. There
is the report of the railroad bill to look
forward to next week and the treaty
matter, while still far from untangled,
has some claim for optimistic ntten-
Trading in stocks was only moder
ately active. United States Steel ruled
..lncnlv nround par. fluctuating within
nnint both abovo and below. The
beginning of the second hour saw sub
stantial recovery from the low prices
established in the first hour.
General Liquidating Movement
The current week in Wall street" was
i period in financial and economic his-
itory-making not soon to be forgotten.
T.innlHntlnn set in motion by the wholly
unprecedented situation in international
v trade relations auecieu uu me uiur&eis,
aMMirltin. cotton, foreign exchange.
commodities, including grain, coffee and
near. It was no longer necessary to
qualify when the term deir.ornlizecl"
was applied to dealings in foreign re
mittances. Perhans the most frequent mental
query was: Why should this country
I worry more than others when it is still
.on a sounu goia oasis; wnen me eic
merits of material prosperity arc annar
,ent, ready to hand if properly courted?
The mognituae oi me worm prouicm nas
created a subconscious distrust of the
ability of any humqn agency to solve it ;
in other wordsthat the solution must
be left to the processes of time. But
time is a slow healer and the march of
events confusingly rapid, often con
tradictory to all appearance. -not infre
quently confounding analjsis and ap
praisement until new circumstances
1 present new perplexities.
Thus it was this week that puzzle
was piled upon puzzle. Itatei of .ex
change gave way, rates of money bor
rowing advanced and tho exports of
this country displayed symptoms of
backing up, which suggested the pos
i. ,
''t tttfMMtr At. a ton aniMen rieflntlnn Iri
eVnjBrtditfes prices. .
t Gabla advices from- OreaE Britain
were to the effect that buying of cot
ton was stopping, that soma consign
ments even were being returned. This
was not official and bad nothing to do
with government action, but the decline
In the value of sterllngbills to an ex
treme low at $3.10 rendered it ques
tionable whether it were worth while
for England to increase her supply of
the raw staple at this time to be made
into fabrics for reexport. It was va
riously stated that her supplies were
sufficient to last from two months to
next July.
The tcmnorarv expedient nf curtail-
ing if not stopping her Imports pre
sented the attraction of staying the de
cline in the exchange rate while tbe
market was in a state of speculative
flurry. After a day or two of "wild
movements in virtually' all the exchanges
tho result was a substantial recovery of
some twenty cents in sight drafts on
London from the bottom quotation of
$3,10. Both movements had a specula
tive rather than an economic basis. A
real corrective to the reactionary trend
can be found only increased produc
tion and decreased consumption abroad,
and the only salutary effect to be de
rived from the violent manifestations
of the last week was the driving home
of tlat truth. It is fully recognized
that the task here is to get at a real
estimate of the minimum help to be
rendered Europe and the means of best,
administering that help.
Nations Must Hel Themselves
The British chancellor of the ex
chequer called' a conference of bankers
this week in London, and It was there
agreed that suppliant nations should
proceed to demonstrate an earnest, prac
tical effort to help themselves to the
point where it would be clear to this
country that it would be to her own
advantage in forwarding her interna
tional trade to grant reasonable credits.
The process will be long and laborious,
but it will be natural.
-The outstanding fact Is that last year
the exports of the United StaUs virtu
ally doubled the imports. This forces
recognition of the necessity of gradu
ally overcoming the difference before
exchanges can be stabilized at anything
like parity. As the London conferees
arc understood to have decided, this
means government retrenchment, indi
vidual economy and work.
Bills offered in this market were far
in excess of the market's ability to
absorb. There was short selling to ac
celerate the speculative decline and Ut
terly covering by shorts, when it was
mado clear that outgoing shipments
were falling oft.
But it was not wholly the spectacle
of tumbling exchange quotations, which
reacted on the securities market, al
though thev were to bo taken into
account as psychological factors, of
course. What concerned the industrial
situation on this side was the likeli
hood of the holding up of goods here
accumulated for export. If the move
ment to curtail buying on the other
side should continue tor long, tnose
goods must be released for sale nere,
entailing a nrobnble impairment of val
ues in the domestic market. Doubtless
commodities will continue to be shopped
orv consignment to points where sum-
,cicnt" demand creates an advantage to
tne snipper, Dut it denmtc oraers are
to be lessened more and more, there
will be less confidence in that phase
of initiative.
The day and the week closed with 10
per cent call money. One banker de
clared that the. peak of money rates had
been reached and that henceforth there
would be a gradual return to more nor
mal conditions. It was heard that
money would be allocated for brokerage
.purposes in essential amounts, but at
the same time it was made clear that
speculative enterprise would not be encouraged.
Philadelphia Markets
QRAJN AND FLPUR
WHEAT Receipts. H.08Z bushels. Tha
market was unchanged. The quotations I
Car loin. In export elevator, government
standard Inspection, standard prices, No, 1.
red winter, $2,392 rVo. 1 northern spring,
I2.S9; No, 1, hard winter. $2.39; No, 1 red
winter, garlicky, S3.S7 No. I red smutty.
12.36) No. l, red. garlicky and smutty, $2.34.
The United State Drain Corporations pur
chases of wheat are based1 on the following
schedule of discounts! No, 2 wheat So un
der No. 1, No. S wheat Oo under No. 1.
No. 4 wheat lOo under No. 1. No. 0 wheat
Ho under No. 1,
CORN .IlAilnta. anfa nn.h.1.. c. n
Were Kmntl an Ih. .ntt.U., rtti-A '.... jtL ...?
.quiet, w ouote new. aa to aualltv iJ
"c'"i. at ll.eSOl.72. the latter for No"
OATfi--T7-,nJntss flA t.e. .-!.. mi
lii P.."-''?''!' .bu offerlnaa were light and
values ruled ateady, Quctatlona: Car lota
a to location No. 2 white. I1.02O1.02U :
No 8 white. I1.01O1.01&! No. 4 whii.'
J1O1.00H.
FT.DTTrtT..t..- MA unit . .
Sin A.The market wss dull and ready to
"?"',,Jfiotatlon8: Per ISO lbs. paoked In 140-
iTiV5...If BO" winter straignt western,
l0.7oOli.U3t do. do. nearby tiocsoili
hard w tit. .i. ,ii.i(,jiiinnt. ,:'
o!S&'nt..,,:,-B0J18l rortnr nrst, clear
nJjSnPt.i0'. Patent. $12.B0O13: short
SSir?1, 818.B0! fancy spring and city
""ni'W- 'mlly brands. $14014.80.
SrE FUR Sold slowly at , former
rates. Quotations: 1909.80 oer bbl.. in
acaa. aa to quality.
PROVISIONS
iJ5e.re .wa" a "ht lobbtne trade and no
m"rt.nt chanre In prlcea. Quotations: Beef.
& !.' moked and alr-drled. 51c: beet
Knuckles anrtltendere. amoKed and alr-drled.
?.;. po&ii'"'ll"". 82c: hams, 8. P. cured,
5Sie". i720c: da. alclnned, loose. 284 O
ySr.V "l0, 6.' amoked. 23H027Kc: hams,
boiled, boneless. 37c: nlcnfo shoulders, 8.
p;.cu,d. loose. 23o: do. smoked, 24c: bel
.. : J'ekle loose. 25c: breakfast bacon.
82c: lard. 27c.
DAIRY PRODUCTS
BUTTER Tho usual Saturday quietude
prevailed In this. marker and prlcea were
without quotable chanie. Quotations I Solid
9S$? creamery, fancy, hlgh-scorlnf aoods.
B671c: extras. 88c; extra flrsta. 04087c:
npa.a .n an . -. . . . v . .
'"" wooo; aeconas, oecfOQC. sweei
-"tnWi.i!i,0,ee to 'ncy, 70072c- fair to
good, B78Bo: prints lobbinc at 78(&78o for
raSyand S 78o for fair to choloe.
.. KOS Pine new-laid eerts were well
cleaned up and values wero firmly held.
I..e.SuoL,,'.on".w",r"' follows: Free cases,
nearby flrsta. $19,.2p per crate: nearby cur
J?"' receipts. $18.0: western extra firsts.
!. V w?."lern flr'". $18.80:. selected freeh
SEF" bblna at 7072e per doien: cold
case " t0 ual"'r' $12010.00 per
CHEESE-Trsdo was slow and the mai
ket was unchanged Following- are the quo
tations: New York, whole.mllk flats, held.
GAIN IN LOCAL 'CLEARINGS
, . -j.
Duslneig 27.G Per Cant Greater Than
8ame Week Last Year
Clearings of Philadelphia banks dur
ing tho week just closed were 27.0 per
cent greater than the samo week last
year, the aggregate being $418,738,847,
against $328,100,800 tho correspond
ing week in 1010. This gain in per
centage placed local institutions near
the top among eastern cities, New
i'ork's gain being 87,2 per cent nnd Bos
ton and Baltimore 20.3 nnd 20.7 per
cent, respectively.
Tnlnl clearings of all tho clearings
houses in the United States for the week
were $0,122,825,344, against mm,
225,047 this week last year, or a gain
of 33.3 per cent.
fVimnnrlson follows 1
1920 1019 P
N. T. ...$4,825,188,971 $3,21)8,222,8024.87,
Chicago.. 083:848.875 417.MB M7- -27
rtilla.... eiB.ioo.oii
noatun... 807,040,113
Kane City 204,892,842
St. Loula 147.8B9.85B
Ban Fran 132.078,208
rutsburgh
Detroit ..
Ualto. .
N, Orleans
Reserve Banks' Discount Rate
The first column gives rates lor nil
periods up to nnd including n fifteen
day maturity, the second for a period of
sixteen to ninety days. Tho third and
fourth columns give the rates for dis
counts for collateral loans secured by
government bonds or notes.
Com'l paper Govt. Piper
10 to 00 10 to 00
15 days days 13 days da
. . 0 i
" ii r Hi i ii (llill)Hia m
7 FiniZoUC BrLfs " '$
W ':.'.""LMiWWflV.7.'l
129.85124
80.000.000
78,82.B8
74.778,498
PC.
2
7
828,100.808-.27.8
285,278,834- -20.8
189, 428,198- -28.2
128.4B8.262--15.1
104,009,670- '28.9
103.888,828--22.0
77,878.715--18.0
02.481.887--20.7
86.028.6004-31.4
The average price of twenty active
Industrial stocks advanced 0.25 per cent
yesterday to 05.75, while twenty rail
roads declined 0.G8 per cent to 70.8.1,
All grain and provisions have shrunk
in value this week, chiefly as a result
of the European exchango flurry nnd
tightness in domestic money rates. Com
pared with a week ago, corn quotations
this morning were 4c to oic lower, oats
off 6c to 00c and provisions
down $1.02 to $4.80,
The Brooklyn Edison Co,, Inc., for
merly the Kings County Electric Light
and Power Co., for the year ended De
cember 31, 1010, showed a surplus after
charges nnd taxes of $1,800,413, equiv
alent to $10.43 a share, $100 par, earn
ed on the $17,300,300 capiVtl stock,
compared with, $1,503,550, or $0.24 a
share, on the $17,237,000 outstanding
stock in 1018.
,ow. York subtreasury gained
$1,118,000 from the banks on Friday.
Boston f
New York --.
Philadelphia
nichmnnd ,
Cleveland .
Atlanta .
Chicago
St. Louis ., ,
Minneapolis . .
Kansas City ,
Dalles
San Franclaco
V
n b
e s
o b
B fl
8 B
B 6
II n
n 8
a o
B 5
0 8
1V4
'1
BV
5V
BV
5V
5V
BV
8
Btt
8
8
5
8'
B
5'
5'
5'
t
5
!
BVi
WtW YOHK BANtC STATEMENT
i . ' ,-'" ,
Remarkable, Reduction of $63,019,
000 In Loans and Discount!
Ifew York, Feb. 7. Tho widespread
extent of the liquidating movement In
the security and commodity markets
this week was reflected in today's bank
statement in the remarkable contraction
of $03,010,000 in lonns nnd discounts.
This also indicated member banks had
reduced their loans considerably in tbe
reucrai jieserve jjanu. wuu tne re
serve account -In the Federal Reserve
Bank increased $5,101,000, nnd with
liabilities reduced through the con
traction of$8,707,000 in demand de
posits, the excess reserve was Increased
$4,000,120, bringing the actual surplus
abovo legal requirements up to $20,031,
880. Details follow:
AVERAGE
' Tnrrain
$5,224,196,000 $21,800,000
Ttli3,7BT,OVU
FetJwal ftMvry nk"$tatmnTi
rrv L...MH,, nt 4." TVil.ral lteerve
Bank' of Phlladelphlaifor the Meek ended
yesterday compares wun ine previous
week as follows:
itEsotmcEa .
Februarys' January 30
$1,180,987
28.840.870
Il.189.fl77
30,217.988
9.145.772 9,145.772
LOCAL MINING 8TOCK8
TONOPAH STOCKS
Cold coin and srold
eertincatee In vault
Gold settlement f'd
Hold wlUi' foreign
agencies
Total roM held .,.
hv hank 130.148.430
Hold with K. R. at 81.320 84B
old redemption f'd 10,604.380
rn f?'.d.... ""$181,131,085 $130,807,383
Legal tender notes,
silver etc. . . . 88,300 235,833
Loans
Net demand den.
Net time deroslts
Circulation
Cash In vaults,.
Reserve In Fed.
Res, banks ....
Ties. In state bks.
and trust co ...
Res. In state bks,
and tr. co. dep.
Aggregate reserve
neserva required.
ttxcesB
281.910,000
88,894,000
04.481,000
888.701,000
11.728.000
27.921.000
B.fl'JO.OOO
214,000
2,448.000
8,887,000
87,000
346,863,788
81.7.21,408
8.3trj,16U
tr SHver fthes AHMM Hlgk
Dur HWrr towhtA. anolH lkm
in Hi 1.tnkn market tojat it MM, an
In New Tork (ha mcjil wan wld at '
$1.32 nn ounce. f
nrfANCiAii
rVrir anirr Tlff A NOT1CK m HEATJH9
""""" ". , !. -...t...4 nHtii a M'nlaaa,
Total reiervft ..$181,107,085 $181,103,016
Bills dltcounted
members necurea
bv rovL war ob
ligations 154.894.787 188.271,022
nmembe'rl,0('aUMto?h.) 42.008.35& 3S.808.713
"oHe'n mM ..'" 7.860.847 7 824 863
Ttl, bills on hand.$204, 623.058 $20,903.40!)
V. B. govt, bonds. 1.384.900 1.33100
tr M tttm nf In.
debtednes . 81,013 000 31,261.000
Cash Boy
Jim Butler
MacNamara
Midway , .
Mlipah Ext . .
Montana . . ,
North Star .
Rescue Eula .
Tonopah Ext .
Wet End .
West Tonopah
i.iicy. n jH2c: fancy held specials higher; 2S to 70 cents lower: canners, io jo uu c.
held, fair to good. 80V4 81c: current make ' lower; calves, $1.50 to $2 lower; feeders,
nominal: Wisconsin, whole-milk flats, held. . to 78 certs lower. . .
Tts,.. nn nlilalanflltl. nmri If1ln ill nf til'
debtedness continue unchanged at 4 per
cent.
LIVESTOCK QUOTATIONS
Chicago, Feb. 7. HOGS Receipt. 8000
head; 80 cents higher. Hulk. $14.8814 OS:
top, $13- heavy, $14.20(314.78: medium.
$14.35015: light, $14.401914.90; light lights,
$14 014.60; heavy packing sows, smooth.
$13.80014' packing sows, rough. $13018.80;
plgn. $13(3)13 90. . .
CATTLE Receipts. 1000 head. Compared
wltH wU nirn, lVnst heef eteers. weak to
2B centi lower: others 600 75 cents lower:
nftRt "MhA" ntnok. 11 to fl.25 lower; others
25 to 75 cents lower: canners, 25 to BO cent
ou
'njy.,81H S2o- fancy held speclala higher;
. .' ' V v."i KOD". raaic: joDDing aaies
cf fancy held goods. 34988c.
POULTRY
LIVE was In small supply and quiet at
former rates. We quote the following range
of prices: Fowls, fine fat. weighing
0 lbs. and over abiece, 42044c: fowls, mo
SLIS1.."'"'. sod quality, 8840c: do, poor,
85 87c; broiling chickens, fancy, soft
meated. weighing; IH 2 lbs. apiece, 429
45C: spring chickens, average eoft-meated,
3738c: do. Inferior, 85036cuataggy youns
roosters, 26928c; old roosters, 24928c:
ducks, white Pekln, 44946c: do, Indian
Runner. 40942c: do, Muscovy. 28930o.
geese, fat, 42948c: do. average. 80933c;
turkeya. BOOBS: pigeons, old. per pair. 88o;
do, young, per pair, 45930c
DRESSED Fine deslrable-slied 'stock was
scarce and Arm. with demand readily absorb
ing all offerings. Quotations were: Fowls,
fresh-killed, dry-picked. In boxes weigh
ing 4 Ins. and over apiece. 40c; welsh
ing 3tt lbs. 30937c: weighing 3 lbs..
33934c: fowls, fresh-killed. In bbls.. dry
picked, weighing 4 lbs. and over apiece,
3BV4c: weighing 8W lbs , 35936c: weighings
ins., aiwaac; oia roosters. ary-picKeu. X7c;
broilers. Jersey, dry-picked. B360c: dp. ordi
nary nearby, dry-picked. BOOBBc: broilers,
western, dry-Dlcked. weighing 1M 92 lbs
apiece, 489S0c- roasting chickens, western.
dry-Dlcked In bbls .weighing 4 lbs. and over
anlre. 30937c: weighing Hi lbs. aolece,
84933c: weighing 3 lbs. anlrce. 84935r;
welghlmr 2 lbs. apiece. 41942c: western,
corn-fed chickens. 12 to box. 17 lbs and
under to dox., per lb . 45948c: 18 to 24 lbs.
to doz.. per lb. 45948c; 23 to SO lbs. to
doz.. per lb . 40942c: 31 to 83 lba. to doz..
per lb 85036c: 37 to 42 lbs. to dcz.. per
lb . 85936c: 43 to 47 lbs. to doz.. per Ih..
85936c: 48 lbs. and over to doz . 38040c:
capons, western, weighing 8010 lbs, apiece,
B4063c: some heavier stock hlghor; weigh
ing 7 lbs. apiece. 52s: weighing 0 lbs.
apiece. 60c: weighing B lbs. apiece. 48c:
turkeya Delaware and Maryland, fancy,
60c do, Virginia and other nearby fancy,
68059c: do, nearby, fair to good. B89BBo;
do. western spring fancy. B8939c: fair to
aod. 68085c: old toms. 48c; ducks western.
3840o: geese western, fancy. 80082c; do,
fair to good. 25927c. '
Allied Divide
Alto Divide . .
Belcher ....
lien Hur
Brough Dlvido . .
Divide Ext .
Divide Syn .
Divide Con . .
Dividend
East Divide
Haebrouck Divide .
High Divide .
Revert Divide .
Reno Divide ... .
Rosetta
Silver King
Tonopah Divide . . .
Tonopah Hasbrouck
Victory Divide . , . ,
Verdo Divide .
Zone
DIVIDE STOCKS
Bid
.07
.23
.13
.07
.10
.09
.20
2U
IH
.10
rtitcrp noceinta. 3000 head. Compared
with a week ago: Lambs and yearlings, 75
.nl. tn 11 Invpr! hunt nWPII. 23 CentB tlleher!
oinern steaay to za cema wwer; wcmerii
mostly scteady.
Pittsburgh, Feb. 7 HOGS Receipts.
1000 head. Higher. Heavies. $16.60: Ijeavy
and light yorkers, $16016.25; pigs, $15,600
16.
SHEEP AND LAMBS Receipts. 800 head.
Steady. Top sbeep, $14: top lambs, $20.
CALVES Receipts. 25 head. Steady.
Top. $21.
Kast nnffalo, Feb. 7. CATTLE Receipts,
830 head Calves, receipts, 250 head. Steady,
$0ffl21.B0.
HOGS Receipt. 8000 herd. Light. $25
035 higher. Heay. $15018.50; mixed.
$18 7.1910; yorkers. light, do and pigs. $16
016 25; roughs. $13.25013.60; stags. $09
1080
SHEEP AND LAMBS Receipts, 1600
head. Lambs. 61c higher. Lambs. $120
ni .n. uAnii-.M d ffti.n nn. &.i.aw tit
01150; ewes, $6014; mixed sheep, $149
14. ou.
Atanta
Blue Bull .
Booth ...
COD
Comb Frac .
CrackerJack .
DIamt B B . .
Daisy ...
Florence ... .
Goldfleld Con .
noldfleld Merger
Goldfleld Day .
Great Uehd . .
Jumbo Ext .
Kewanas . .
Lone St.r .
Oro
Red Hills . .
Slher Pick ...
Spearhead
. .02
.. .04
. . .18
, . .04
.. .22
.. .02
.. .04
. .14
, . . .03
. .02
. . . .02
,. .18
... .02
. . . .03
. .. .04
2
.15
.14
. . .14
. . . .29
GOLDFIELD STOCKS
02
BUSINESS NOTES
Underlying conditions in the botan
ical drug market present no material
chance. Firmness seems to be the lead
ing factor and in view of the scarcity
of many important grades the trade fc
prepared to see advances named. The
statistical position), say well-informed
authorities, is the strongest in many
months.
The Manchester Guardian, reviewing
the British cotton trade, says that tne
curtailment of working hours of British
labor had the same effect on production
as that of stopping 8,000,000 spindles
would nave bad.
SEE ANNOUNCEMENT DAILY IN THE PUBLIC LEDGER AND EVENING PUBLIC LEDGER
PHOTOPLAY PRESENTATIONS FOR WEEK OF FEBRUARY 9 TO FEBRUARY 14
Subject to Change
ALnAMBKA. . ,
12th. Morris k PassyunkAv.
MONDAY
AIIXOirENY
Frankford and Allegheny
(s)
ArOLLO
Hi and Thompson Sts.
(s)
ARCADIA t , .... ,
Chestnut below 10th St.
(
BEMIOXT .
624 abovo Market St.
BXTOBIRD , . )
Broad & Susauehanna Ave, s
BROADWAY M
Broad and Snyder Ave.
()
CA?1T0L
122 M
Market St.
CBDU".
coth at.
and C-dar ve.
(s)
15
C0TJ8ETJM
Market I.el.
b3th and 80th.
COLONIAL . , . (a)
Ota. and Maslewood Aves.
rilPRESS
Ualn St.. ManayunV.
(s)
KCT.EKA
40th and MarketBtB.
TAMILT
1311 Market
St.
(s)
TAIRMOCNT .
28th St. and Glrard Ave.
Ethel Clayton In
13th Commandment
. Olive Thomas In
The Glorious Lady
Jack Plrkford In
i In Wrong
Tom Moora In
The Gay Lord Quex
Robert Warwick In The
Tree of Knowledge
Sesvie Hayakawa In
The Tong Man
Clara Kimball Young In
Eves ot Youth
Marv Miles Winter In
Anne of Green Gables
11111 1 0 Hurfce In
Wanted A Husband
.T. 8.- Blackton'a My
Husband's Other Wife
M'i-!re Tourneur
Victory
Clara Kimball Youns
Eyes of Youth
Lucy Cotton In
Miracle of Love
Anita Stewart In
Mlnd-the-Palnt Girl
rBANKFOHD
4713 Franktord Ave.
(a)
FRANKLIN
Third and Fltiwater Sts.
(s)
84TII BT. THEATRE
Below Spruce St.
(s)
0.REAT NORTnF.RN
Broad St. at Erie Ave.
(s)
IMPERIAL
Oath and Walnut Sts.
(a)
reFFERBON
20th and Dauphin Sts.
jumbo ()
Front St. and Glrard Ave.
LEADER
41t and
Lancaster Ave.
(s)
LIBERTY
Broad and
Columbia Ave.
(s)
LOCUST
32d and Locust Sts.
(s)
MARKET 8T. THEATRE
133 Market St.
(s)
MODEL
4J3 South
St.
(s)
MXON
H-d and Market Sts
(
OTCRBROOK
1d and Haverford
Ave.
(s)
TAMCE
1214 Market St.
()
PARK
Rldte Ave. A Dauphin St.
fRINCF-SS
1018 Market St
(s)
RFOENT
Mifket St below 17th
Cs
ltlALTn
. 0l". at Tulpehocken
(s)
RivoH
""d nd Sansom Sts.
(a)
RUBY f
tfkt St. below 7 th
SAInv
U Market Bt
(a)
s)
STANLEY
rkat abeve 16th
(a)
"IRAND m
intown Ave. at Venango
VICTORIA
Mtrket St. above Ninth
(a)
n and Allegheny
legheny
Charles Ray In
rted-Hot Dollars
Dorothy Dalton In
Ills Wife's Friend
The Myetery
ot the Yellow Room
K TUESDAY
Ethel Clavten In
13th Commandment
Olive Thomas In
The Glorious Lady
Jack Plckford In
In Wrong
Tom Moore In
Tlys Qay Lord Quex
Robert Warwick In The
Tree of Knowledge
Sessno Hayakawa In
Tho Tong Man
Clara Kimball Young In
Eves of Youth
Mary Miles Minter In
Anno of Green Gablee
mills Burke In
Wanted A Husband
.T. o. Blackton'a My
Husband's Other Wife
Maur'oe Tourneur a
victory
Clara Kimball Tourur In
Evos of Youth
T.uev Cotton In
Miracle ot Love
Gladys Hulette In
High Speed
Mav Alllon In
Fair and Warmer
Dorothy Dalton In
His Wife's Friend
Thcda Bara In
The Lure ot Ambition
Rlrh'd Hardin Davla'a
Soldiers of Fortune
Clara Kimball Young
In Eyes ot Youth
The Mysterv of tho
Yellow Room
Ethel Clayton In
More Deadly Than Male
Robert Warwick In An
Adventuro In Hearts
Tom Mix In The
Heart of Texai Ryan
Star Cast In
The Six Beit Cellars
William Farnum In
Wings ot the Morning
Constance Blnney In
Erstwhile Susan
Wallace Held In
High Speed
Alice Brady In
rhe Fear Market
Every-woman
Anita Stow art In
Mind the Paint Girt
When
The Clouds Roll By
IlryarU Washburn In
Too Much Johnson
Male and Female
Mary Plckford In
Heart o' the Hills
Robert Warwick
The Mad Lover
Geraldlna Farrar In
Flame of tho Desert
Beloved Cheater
Log of U-43
D MacLean In What's
Your Husband Doing
Tom Mix In
The Feud
Wallace Rntd In
Hawthorne.' u, 8, A.
Charles Ray In
The Clodhopper
Theda Bara In
The Lure ot Ambition
Rlrh'd Hardlnir Davis's
Soldiers of Fortune
Clara Kimball Young
In Eyes of Youth
The Mvsterv of the
Yellow Room
Marlon Davles In
The Cinema Murder
Robert Warwick In An
Adventure In Hearts
Mary Miles Minter In
Anne of Green Gables
Star Cast In
The Six Best Cellars
Wllllum Farnum In
Wings of tha Morning
Constance Blnney In
Erstwhile Susan
Wnllape Reld In
High Speed
Mabel Norman In
Jinx
JUvery-woman
E. K. Lincoln In
Desert Oold 1
Peggy Hyland In
Faith
Bryant Washburn In
Too Much Johnson
Male and Femala
Mary Plckford In
Heart o' the Hills
WEDNESDAY
Ethel Clayton In
13th Commandment
Olive Thomas In
The Glorious Lady
Ttflx Beach's
Girl From the Outside
Tom Moore In
Tho Gay Lord Quex
Robert Warwick In The
Tree ot Knowledge
Fairbanks In When the
Clouds Roll Dv
Clara Kimball Young In
Eves of Youth
Mary Miles Minter In
Anno of Qreon Gables
Wallace Htd In
TIawthorne, U. fl, t .
Anltrt Stewart In
ftlna ot the Mothers
Uaurlea Tourncu'
Victor."
Clara Kimball Young In
Eve ot Youth
DIJIt-i fturVe In
Wanted, a Husband
Oladys Breckwell In
Forbidden Room
Male and
Female
Star Cast In
The Six Best Cellars
Jacle rickford In
In Wrong
George Walsh In
The Beast
Rlrh'd Hardlnir Davis's
Soldiers ot Fortune
Clara Kimball Younr
In Eyes of Touth
Sessue Hayakawa In
The Toni Man
Fesu Havakawa In
The Dragon Painter
Ethel Clayton In The
13th Commandment
Elule Janls In
A Regular Girl
Star Cast In
Tha Six Best Cellars
William Farnum In
Wings of the Morning
Viola Dana In
Please Get Married
Wallace Reld In
High Speed
Anita Stewart In
Mind the Paint Qlrl
Every-woman
Robert Warwick In
The Tree ot Knowledge
Male and Female
Bryant Washburn In
Too Much Johnson
Torn Mix In
The Speed Manlao
Mary Plckford In
Heart o' the Hills
Anita Stewart In .
Mind the Paint Qlrl
Florence Reed la
Today
Beloved Cheater
Log of U-83
D MacLean In What's
Your Husband Doing
Tom Mix in
The Fud
Wallace Reld la
TIawthorne. U. 9, A.
HUH Burke In
Wanted, a Husband
Will Rogers in
Jubllo
Beloved Cheater
Log of U-85
D. MaoLean In What'
Your Husband Doing
Tm Ml In
" Feud
Marlon Davles In
The Cinema, Murdei
THURSDAY
torence Reed In
Struggle Everlasting
OIIvk Thomas In
The Glorious Lady
Sessue Hayakawa In
The Tong Man
Tom Moore In
The Gay Lord Quex
Douglas MacLean In
23Vt Hours' Leave
Fairbanks In When the
Clouds Roll By
Wllllam Farnum In
Wings of the Morning
Katherln MacDonald
In The Thunderbolt
Wallace Held In
Hawthorne, U. fl, A.
Anita Stewart In
Fins of ths Mother
May AUI-cn In
Fair and Warmer
Viola. Dana In
Fair and Warmer
J. rtcVferd In In Wrofi
Arbuckle In The Garage
Tom Moor In
Toby's Bow
Male and
Female
Star Cast In
1 he Six Best Cellars
J. W. Kerrigan In
Live Spark
George Waleh In
The Beast
Alice Brady In
The Fear Market
Katherlne MacDonald
In The Thunderbolt
Olive Thomas In
The Glorious Ladv
Mra. Vernon Castle In
The Invisible Bond
Ethel Clayton In The
18th Commandment
Clara Kimball Young
In Eyes ot Youth
Star Cast In
The Six Beat Cellars
It. Harding Davts'a
Soldiers of Fortune
Owen Mcore In
Piccadilly Jim
A Lincoln Story, the
Land ot Opportunity
.Anita Stewart In
Mind the Paint Girl
Every-
woman
Mary Miles Minter In
Anne of Green Gablea
Edith Roberts
Triflers
Bryant Washburn In
Too Much Johnson
Marguerite Marsh In
Phantom Honeymoon
Mary Plckford In
Heart o' the Hills
Florence Reed In
Today
Monroe Salisbury
rnantom 2ii
In
ody
Beloved Cheate
Log ot U.SB
Robert Warwick in the
Tree et Knowledge
Tom Mix In
The Foud
Marlon Davles In
The Cinema Murder
FRIDAY
Florence Reed In
Struggle Everlasting
Olive Thomas In
The Glorious Lady
Geraldlne Farrar In
World and Its Woman
Tom Mooro In
The Gay Lord Quex
Douglaa MacLean In
23 Vi Hours' Leave
Alice Joyce In
Blaves of Pride
of
tho Morning
Katherlne MacDonald
in Tho Thunderbolt
Anita fltewirt In
Sins of ths Mother)
All-star Casf In
The 8U E4..C CJUri
May Alll'on In
Fair and Wanner
Viol a Dana in
Fair and Warmsr
A Vlrtrioue Vamn
Arbuekle Ih The Garage
Edith Roberts In
The Triflers
The Thirteenth Commandment
Ethel Clayton In
The 13th Commandment
Sevsue ITaiakrma In
The Beggar Prince
My Husband's
Other Wife
Alice Drady In
The Fear Market
Katherlne MacDonald
In Tho Thunderbolt
Hobart Uneworth In
Behind the Door
D. W. Griffith's
Scarlet Days
Charles Ray In
Red-lrt Dollars
Clara Kimball Young
In Eyes ot Youth
Star Cast In
The Six Best Cellars
n. Harding Davis's
Soldiers of Fortune
Douglas Fairbanks In
When Clouds Roll By
A Lincoln Story, the
Land of Opportunity
Alice Joyce In
Slaves of Pride
Every-woman
All-Star Cast In
Westerners
Geraldlne rarrar In
Flame of tbe Desert
Bryant Washburn In
Too Much Johnson
Clara Kimball Young In
Eyes of Youth
Mary Plckford In
Heart o' the Hills
Ttuth Stonehouse Ms.
Red Vleer
Peggy Hyland In
Faith
Beloved Cheater
Log of U-83
Robert Warwtolt In tbe
Tree ot Knowledge
Tom Mix In
The Feud
iWrt.FrYen1-
SATURDAY
Florence Reed In
Struggle Everlasting
Ollvn Thomas In
The Glorious Lady
Mabel Normand In
Jinx
Tom Mooro In
The Gay Lord Quex
Douglas MacLean In
23 V4 Hours' Leave
, BIHIo -Burke In
Wanted, a Husband
William Farnum In
wings of the Momlng
Katherlne MacDonald
in Tho Thundorbolt
Anita Etewart In
Gins of the Mothers
-i'l-etar Caot in
fhe'EIx Best Cell:
est Cell:.!".
ilav Allison In
Fair and WarmT
Madelalne Traverse In
Lost Money
. tA yirtunus Vimn
Arbuekle In The Garage
Amparo
Arizona United
Eden
Mother Lode . . .
Nevada Hill ...
Nevada Rand i.
Promontarlo . . .
Nevada wonaer
Tecopa Mining .
White Caps
01
.04
.01
.03
.03
.01
.01
.25
.12
.02
.12
.01
. .OS
02
03
01
. 02
07
03
MISCELLANEOUS
1.70
.13
A
.32
.02
.20
1W
.17
.10
.10
Ask
.OS
.23
.174
.10
.15
.11
.23
2H
2
.12
.04
.oa
.20
.03
.23
.04
.08
.17
.05
.04
.03
.20
.04
.03
.00
.1?
.10
.10
.81
.03
.03
.00
.03
.05
.03
.03
.08
.30
.14
.04
.14
.Ot
.07
.04
.04
.03
.03
.00
03
1 80
.20
.B3
.04
.23
.22
.13
.15
10,439,000
378.868.000
S54.78T.240
91 19A 7m
TUnlted States denealtH AlAitmA (fl- ft'jn .
000. ' ' ---
'Decrease. '
ACTUAL
fe"ln,J ' J5.183.676,O0O 'fO3,0lSfo00
Net demand de-
Posits t4,176.273.00O
Net time deposits 212,938.000
38.715.000
97.075,000
Clrculuatlon ..
Cash In vaults .
Reserve In Fed
eral Res. banks
Reserve In state
tanks and trust
companies . . .
Reserve In state
banks and trust
company deposi
tories Aggregate reserve
Reserve required
excess
709.000
8.213,000
3,343,800
4 7Ht!.70U
8.707,000
8.0OO.0O0
111,000
2,579.000
358,901,000 B, 191. 000
8 se-
132.897.900 S32 645 000
Total U.
curltles
"$& ".r?!?'."'237.6"1.858 tS.Ml.!IM.
Bank premises . . 600.000 . 800.000
UV,bti,11(
proposals wur pe . r biybw ""V1,,... v Irxar,!'
p. rn. of Heeond Month (February) ISth. 25
at the of nco of The Provident 14fsj awl TT
Company of Philadelphia. I'a no, t-
Cheetnut St., Philadelphia, Pa., Trustee, lor
the sale to them of all or any part of so
many bonds of 1000 eneh ef the Lehigh
CohI nnd Navigation Company Funding .an
Improvement Mortgagn as the sum ' WllT"
060.36. applicable to the Sinking Fund, will
pay for. In accordance with the terms ot the
deed of trust made by the said company to
tile sain iruiirr, uaieu rfunw .. ao"..
Lowest bids at a price less than 103 and
,.,,,! interest within the number stated
will he accepted, the parties offering them
sccrued Interest within the number stated
Mii k. nm-nf4 ttiA nnrtles ofterlnr them
advised at once,' and payment be mad on
Uncollected items .
Deductions from
gross deposits
Duefrotn treasurer
of u. B. 5 per cent
redemption, fund
P. R. bank notes
All other resources
69.626,142
1. 475.000
274,802
76.408,857
76 406,837
1 476,000
000 080
12,227,000
10,655.000
681,683,000
634.731,620
28,031,380
700,000
tUnltrit Rtataa .m.i,. .,.,....
848 000. --.-,
Decrease.
077.000
5,223,000
1,216,880
4.006 120
87,-
Total resources.. $440,095,758 t445.698.839
LIABILITIES
fonlxil naM In . 37.000.030 17.809.900
Surplu 8.805.182 8.803.132
GOVt. deposits.. 4.0UU.4'Jt 4.SBU.S17
fiai i- msmhaf rffe
serve account 100 070.794 97.574.S72
Deferred availabil
ity items 68.980.142 67.864.943
All other deposits
govt, credits. 6.927.582 6.493.117
nr,.nHiiF nnd transfer of the bonds with
Federal Ineom Tax Ownership Certlflcatee
for accrued Interest on Second Month (Feb
ruary) 14. 1820. Interest on the bonds s
accepted will cease on February 14, 1010.
Serfal numberf of bonds offered must be
specified In propliale. ,.
Th trimtee reserves the right tor reject
any or all bids not selliifactory, to said
trustee. The offers of bidders unknown to
he trustee musi ue accomp-nieu vr -
actory references.
Should two or more holders bid the same
west price, the number . of bonds talten
om each will be aa nearly as practicable.
:
from each will be as nearly i
""propoVala should be. Indorsed 'Proposals
for the Sale of Bonds ot the. Lehigh Coat and
Navigation Company." ""e'.'.den.?
Provident Life A Trust Co. of Philadelphia.
400 rhestnut t . Philadelphia. Pa.
OUTSIDE BANK STATEMENT
61AIB HANKS
Loans , ,
Gold
currency bank
notes
Deposits Federal
Reserve Bank of
New York . . .
Deposits
Reserve on de
posit
t711.729.000
8.209,800
80,382,900
Inc.
tlO.484,000
372,800
990.600
72.721.400
878.478.000
Total gross de
posits . ..tl67.888.014 tl76.702.153
Fed. Res. notes In
actual circulation. 223.836.490 222 802.103
Fed. Res, bank
Herniation 27.607 289 27.588,554
All other liabilities 2.068.782 1,820 315
LOGAN COAT, COMPANY
First Mortgage 6 4V4-Year Sinking Tuad
Oflld Dnnds
Logan Truit Company of Philadelphia,
Trustee under Logan Coal Company Mort
gage of September 1st, 1017, hereby gives
notice that tho Logan Coal Company have
elected to redeem the entire amount or
bonds outstanding of the Issue above referred
to, and in pursuance with the terms of
Artlcl n of the mortgage will, on Marth
let. 1920. redeem all said bonds at the price
of 102. togither with accrued and unpaid
Interest, at tho office of the Logan Trust
Company of Philadelphia. Trustee.
Logan Coil Company requires that on
said redemption date said bonds accompan
ied by all matured and unmatured coupons
Total liabilities. t440.0O5.7S8 $445 508 339
Memorandum Con
tingent naDimy
as Indorse on
bills redlscounted
with or accep
tances sold to
other F. R. banks
41.380 600 32.790.300
be presented for redemption and payment at
:e oc sain ivoKiLn irusi o
delphla.
thu nffln nf said Lozan Trust
Philadelphia. 1431 Chestnut street.
mpany of
r,3
s
Intereet will cease from and after March
1st. 1920. on all bonds not presented for
redemption on that date.
LOGAN TRUST COMPANY"OF PHILADEL
PHIA. Trustee.
By JOHN H. WOOD. Secretary.
Dated Philadelphia, January 81. 1020.
Annual Meetings
1,832,600
34,483,800
197.190 inn i lit Ann
x-ercemago ox reserve, iv.7, uncnangea.
TRUST COMPANIES
Loans $2,123,823,200 $10,387,700
Gold 11,113.200 822,800
Currency bank
notes 19,347,300 474,100
Deposits Federal
Reserve Bank of
New York . . 220.137.200 2.334. nnn
Deposits 2,194,388,000 4.928,700
Reserve on de
posit 298,371.300 71,400
Percentage ot reserve, 18,9, .2.
STATE BANKS AND TRUST COMPANIES
NOT REPORTING TO CLEARINO HOUSE
Loans t785.126.400 $8,052,600
Gold 8.216.3U0 416,400
CTnrrenev b a n le
notes 16,817,800
Deposits Federal
jieserve Manx ok
New York
Total deposits ..
Net deposits ....
Reserve on de
Percentage of reserve,
Decrease.
72,970,000
841,800,100
783,318,200
137.767.400
lll.B. '.2.
149.200
463,000
1.412.000
490,300
2.609,300
Bureau of Highways
Department of Public Works
Philadelphia
a..l. nrnmMli will h received and
opened In Room 216. City Hall, at 12 o'clock
noon Tueeday, February 10th. 1920. for
Paving with Asphalt (Assessment
Work)
Repaying with Asphalt
Repaving with Redressed Granite
Block
Repaving with Wood Block
Improvement of Adams Avenue
Imorovement of Country Roads
Cvrb and Footway Work (Prop
erty Owners to Pay)
Contractors will be required to comply
with the Act of July 18th. 1917. relative to
Workmen's Compensation Insurance, and
proof must be furnished the Department by
the said Contractor that he has accepted
the provisions of said Act. and Insured his
liability thereunder or secured exemption
therefrom.
JOHN C. WINSTON.
Director.
Inquire- at Room 232. City Hall.
3SFnELlTY TRUST CO.
KX' Phllade phla. Jan. 80 ltlfl
The stated annual meeting of the stock
holders of this company will be held at Its
otnee. 825-331 Chestnut street. Philadel
phia, on Tuesday. February 10, 1020, at 12
o'clock noon, for the election of a board ot
directors for the ensuing year, and for tha
transaction of such other business as may
he brought lefore them.
Joseph rjcMonRis.
oecreiary.
3SIIIE ANNUAL MEETING OF THT-
lS stockholders ot Surpass Leather Csj
for the election of Directors to serve for
the ensuing year and for the transsctlon at
such other business as may properly come
before the meeting will be he'd at tha cim
flees of the Company. 9th ind WrrtniereT'
land streets. Philadelphia, on . Wednesday,
February 11. 1020. at 12 o 'clock noon.
(Signed) HOLLISTER STirRGHS.
Secretary
OFFICE OF rllXLADKLTniA
TRUST COMPAM
Philadelphia. January 24 men
An Annual Meeting of tho Stockholders' at
this Ccmpan;
iy will be held at their aMa. -
nrsday. February 10. 1910, at. IS o'clock
m.. and on tne same aar an. election will
be neia. peiween ine nours ox iz o'clock to.
snd 1 o'clock p.m.. for Directors to Mrs
during the eneulng year.
II L. MeCLOT. Becretarr.
Gall Kane In
Some One Must Pay
ThXf,v"trT f the
Yellow Room
-n. 'Jlt! CIVton In
Tne 13th Commandment
Alice' Joyce in
Slaves of Pride
My Husband's
vu
Jther Wife
Alice Brady In
The Fear Market
""-.""onald
n The Thunderbolt
Tom Moore In
Toby's Bojy
VT. Griffith's
Scarlet Days
Charles Ray In
Red-hot Dollars
Eth'I Clayton In the
lath Commandment
Star Cast In
The Six Best Cellars
R.
Soldiers
Harding Davis's
of Fortune
Douglas Fairbanks In
When Clouds Roll By
A Lincoln Story, the
Land of Opportunity
Geraldlne Farrar In
Flames of Desert
Every,
woman
Mar Allison In
Fair and Warmer
Monroe Salisbury In
Phantom Melody
Bryant Washburn In
Too Much Johnson
When
the Clouds Roll By
In
Mary
Heart o
Plckford
the Hill
Edith Roberts In
The Triflers
Charles Ray In
Red-Hot Dollars
Beloved Cheater
Log.ot U-35
Robert Warwick In the
Tree ot Knowledge
T
Tom Mix in
The Feud
Itwed UfoVeVxhlblti'', '' obu,D Pictures through ths 8TANLEY COltPANT OF AMERICA, which is guarantee cf sarly showing of, ths finest productions.
Dorothy Dalton in
His Wife's Friend
To Philadelphia Telephone Users
Over five hundred of our telephone-operators are confined -to their
homes by illness. .
The storm, the wide-spread sickness throughput the city, and the
very general business activity everywhere prevailing, have all combined
to enormously increase the daily telephone traffic.
Those operators at our switchboards .nor oniv have this condition, to
meet, but are also greatly b&ndicapped by the present difficulty jn getting
to and from their homes, We are a uppiementing the ordinary means of
transportation with our own automobiles, wherever this ib possible, bsk
the condition of the streets makes it very difficult.
We. appreciate that it is exactly at such times as these that tele
phone service is most needed by the community. We are, therefore,
not asking our patrons to refrain from the use of their telephones, but we
do most urgently beg that so far as possible, unnecessary calling be omit
ted, andthathelpful toleration and patience be very generally exercised.
The spirit-of our force, everywhere, is admirable and they are
anxious to do their full part, reducing delays to a minimum.
We havfr every renson-ijo believe that if our patrons will co-operate
with us in the way we areaurging, the present situation will clear itself
up in-a few days' time and service conditions be restored to normal.
The Bell Telephone Company
of Pennsylvania
'K
M
Vtfl
mm
All pleturit
a
1 . i v
'
-Lii jl
,&.
" ' f V-.