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!I?I!??; !i"!,!< Buy as few share-? as you wish pay as you aro able. ? ? people 1 I ? I :. rtnatton pi .",'' bi i \ ? i h-, pa? ? i i- . . HELDON. MORGAN AND COMPANY B 1 Savings Strategy ? ? i ! , ?. j I lnVCSt phere . r Plan .lard dividend . .- bul can be ? .i more while :cr >(?u hate - ? -, , ?- ? rast ' JolinMuirX(a SrcOAiisn In Odd Lots *? u i lehaaatOi DWAT *? Y um m ? t. . a? -? ?t?. t.--- ? -?r. Thrift - money is equally ?> im :?r-,riant ,??? ti e ability to icrdSa7ia?s Sertie? - || \r?ting. B?geIow& Company I'llOllf? fl.'r?? .l-l?||l. Hop] ' ' ' Nrn.- Cm. & Pfd. Ren ? I.-Mv.rittr 1st & 2nd Pfd. Ri.rn-. Bros. Preferred M iwcfl I Mtte? M ' .--, I t.. & Pfd. *i te Li?e. Com. & Pt'd. S? unties Aatf?cas Pawti A Light Pfd. ?,?5 ?Se Elec. Pfd. Weiten Pat ; ? m. r- P^J. Kiely & Horton .?1- ? > l'I.i.tlf? I5n. :.. STANDARD Q "l I H SI BS I N BIO?' 1 H \< llD.v?? ci I? BT04 iv L CARL H.FFOR^KElMEi-i&CO. . Sali . ?? ikiaa Powdei i- .' ? rh .', \4 n. n I i ? FREDERIC H, HATCH & GO. B ? i Sam r?M_ I ^ Will Bay 3 Magnolia Petroleum ist 6s 1937 |m. I. McCONNELL & CO. --''"-*?' i Nfir Vt.rli. W m.A.Read&Co. New York CI?i?.a?--o Philadelphia Boston London fjamm mmjmmmjMt-;ramammn ? m????!.?_.,? Cwrf?ss i s S Id?Quotied ttei on request. j JAMES W. BALL ? CO. I ' ?r Vi?? -, \ y Henry Clews&Co. 'i ?;- N ?. -.i?.? K i \? || \\,.| '- '? ? i glit and sold : . con? Deposit Account? - ? ? ?M I - l M n l -l < i i:, i n,-. ' .11 ?'. ? I I I Us :,, i m m | DM \i I - i's . ?, ' IMi r\Kl? - : I larlin .Arms ? ComnHMl & Preferred Bou;.'*+ Sold Quoted ] listed t ?: \eiv York Curb I i Gwynne Bros. H Bro.d M . N. Y. FI,..,., 32J2 Br.,.e: i I MARKET NEWS AND COMMENT War Stocks Break Again ?Close at About the 1 o west of Hay. LITTLE DEMAND KOR WEAK INDUSTRIALS Rallies Do Not (iet lar Heavy l osses from Recent I evela by Issues Inder Pressure. ? sad oil aad m? toi Hy, 1 ncse S04 11 .-. port from outsitk' pure is ?.i professional SOURSS and vert' :- ? ; ? ?. Id by tl ? lOSS. FlBSl t-rrcei? ? . . ? :'. ? ,. . ext? roar praetically at ' I " i-, ?>.,*?.? I . a- ..??- th "? Mon I II ,e SOOfiOO ? u With two daya of hsai ? ss, prices amon*- t;,o more ipeculatlvS rtecks were in some ini-tancr? II ti ? r so below the bsst i1*' the week before. Decline of th:? extent 'K r-aturally saeant ea ? Hqui a,hatbroksrage house? have been I themselves with unusually ? nrr",:.?. nmi t"or?-e?l Belling hu? not been of tin? ur-*v*nt chsractc ave been expected . le a !>rrf?*.. How much <>'" i ?? ? ? ' much rom I ? rt aid? appear more dearly whei ii : . ? isles S1 ? At 1 . wer and ] falrlj ?'efiiiy for a while a I ? trs Ii rs. Little new pun . ? . .?? her liquida ? el ? ?' the i ddli ? ? ? ' ' i I ng ? aa heavy and I .'??.?? ? a i-o* up ? rs I : .- lar i, man? mal ? ? ? l?xica ? , and Foui ? ? . (00,000 . ? ... n ? . oint, nearly ? , ? :... and 1 .... .... Pctroli renjrtl afoi II ? elon ? prie? ara al d an iiicr- ? ' -1. ? . . i '7.mm : for donmri ? Italia i ? ? ? .,, a to ov4 ? 11 ; H ??.i ?O TIIK i RJBI Vf ? i i*?i ?il I II l'Kl s N Ml?. Januar? n. peateraJa? ? rkiee IIS.4SI l iWaTJ t. Il"'i.'u ?'?.?> ?4. ?.. as i ?O.S30 ? ii ? nr-iifli i-*..? | | n ? |g .? a o ",?'.'? ' Korea Sei : .i. igj 1.044 for Si?\?'ri>l;i-r i ; em?? High '"' ???liilier . I , s, . 1 ,,\v f.'T ?>? ?i?l.rr . . . IOS.4 .'-, Ilitch for Se|i(? ni.irr. 11 ;.f|| Low fee Septmilier. IS7.S4M High i. r \r?Mi?t . ISS | ; ; I -,.4 fi r \ii|;ii?t . 11*5.0 il (ii tat .lul.4 . Lam fur Jais. IStaia lllzh for Jure. ISS.**1* I r, f.,r lune . |,,-, , g ?Ici f"i Maj . IBS i .?y tat Ma? . n.? -, 'n II i-li, f.ill a, ?r. ISIS . . l ?1.483 t ... . roll fear, ISIS loi ISS H ,, f:'ll >r.,r. IS14 I.1..I?I Il ir?r, IIMI I03.00S \\ il; '.?.I o? i ill. i Klin SEI i i-l ?>? I \\ I I \ ? ISIII ?I 1(1 \l ?*. ?.."n i. ii 4r?i?rii.?4 ? eleee '?.'.'?ki I '?'? !? :. : l!i Ci.,- m. ri, aSO, . ?II?:?. ? ? ? ?.?.i.' ii ago . >, r,n? uni* lfm asa : I ; ?a lllg'l tat Sov? iiiher . . Wl.40? I m fur Nmiail.ei fi ; 7; | lli.li f..-- (?? li.l?, " . '11 jam I \. tu ?>. lobaf ? . n ; ! *??*i 1. l'I.i'i . '? : :? m I ..r 1 ?? -? ni 11.lier K i.GaS High ' 1 ttague. "!'.,.'.-,0 I ,,\4 i... .*.u?ns( 15.ISS High f?r fllla. Kl.?uni I iw f.,r I' If K'i :?? High fu/ Sama . x i.ssa I i,i4 f?.r lini.- . . 78.311 II rii i' ' Hi' .?T..oso 1 am tat Ma) .... ;? |*s High, lui! ?Mr, ISIS . ???? -m i axa. full 4<*Hr. ISIS SS M? ll??i?.. full >ear, ism . xi BS4 I ?.44. full uj I'll t ?I7.4'.'T ? I? ' ? . ? ? \ II .1 ... 41 . \ *, . ' ' I a.i*-1 a*m t.n?,'rameal lasase. ? *, . ? . 4 ? ? I . ? . ? . 14 1 a loi Ma, .. 1314. IM 'NEW YORK STOCK EXCHANGE n E8DAY, IANVAS1 II. ItW. ratal Basta ??f Bttsrkt Taaaaay, UM* aashani ?T-MM M??n?i?>. 681,206 i ???I, an? and 171.7(10 h >enr a???. Iron. J?inii?r> 1 l?. ?Iule. 6,l?,7.ll)U. ?f*?'????? l.'JIS, tun a >e.ir ago. !? - ? ,,,,,,.. Quotation Rango. Net - ,. , ?old. Opon Hifli Lot ' ????? ,,1^?,' M"' Am* AI., i-, June?u U?0 10 10 " ? '" " !''' Uaika Gold Minea.. , WM) 26 ",; ??'? "- ? , ?, ' I. 1-4 . .''.-.."I '? '? - I ? ','' \ ? ?. is pr. I.'-'?'" ? ? ."'?? W'-? ??* ? i tm ?\gr. < i emleal.... 1.400 iS8', ....... \ Beet Sugar , 1.800 * ? '?? - '??? - '??? * ? \- Reel Sugai pi '- VS ! I M W . \ B. 8. * F. etl 10? i". '.? I"'' II ' Am ? 44,600 HO . '" '? 00 i 01H f Am. ? p 100 112-1 11 's 1124 112% | 10.300 6*4 IS ? . , . .1 a -V... i pal Product , 600 166 - 1554 I.i4-? ?56 ] \n ? oal Product? pr. , 100 116 116 116 116 ? ;i . ?? OU I. 64 '? SA , ??'? 64 a 1 '* Im. Hide ?v Loath ir , 200 n " 10*? '" ' \. il , ? i eathtr pi 650 63 ?? 63 ? ? ? I ' i ?? \ n ? -.-. iritita. . .. s?"1 26 ? 28% ?&% Am. Lii seed ?. ?'"? "" ' - \.. i -. ri pi ..... 100 10 i" '" ? A:- I ncomotiv? .| 12,2.''- 63?, 60 . I 1 84 \ i Locom? '?? <? pr_ 200 100- 1004 100'? IWi i . \ .. Smelting . 42,600 107 a Ms'. 1064 1064 l \ -, , 230 11". M ' ? U! 112 v -, nf pr A IM BS% 93 . 934 ' , \ Smelting pr B 200 M - -? - 66 - M -. Vm Steel Foundry 1.800 67 5* 66 ?"? la \- - , .-..von 11 i il?'1, H? m >'? ., ?r, i , Cable. MOI 64?. 64?? 64 ? " i '? ? . \ .? - 1,200 1274 1 '- 121 . . in I 20 v Tob?ceo 1,400 20S 109 2M4 203 i -0. 6 \ robacco pr. now... 140 !M% 106% 106% I06J4 106 ' U... I.JyV u 11 12 13 i % 44 \ v..? .... loo m 44 i "? ;? !;. ? . W0 66 68 ?'"' ' ? 1% M ' - ? . on la . IM00 89 89% >*h4 884 ?1 ?j . 600 66 M'i 674 "?"% % ' . 2.W0 106% 107 106*4 106?? - "??.- I .. \ ; ?. : ?. 050 89% M . 98% N - ? .?'; ' 6 Atlai i . ? Li?t :. Ill ?8, ?J? ?. r. ", ! Locomotivs Co 48.600 ill 111% 1054 105V, 6% 0?*% 7 Baldwin Locomotivo pr l? 107% 107% 107? 107% - ';?? ? i h Ball * Oh'o . 4,400 94% 84% '? ' % '?!' -s Bait A Ohio pr . 600 .8% 78% 78% ?8% - 's ? B,.toril,n Mining... - 1.400 '?'? ,'? -J ? _, Bethl? MO 421 I ! W -?* 4 fl Brooklj Br.pid Tr. I BW 86% 87 ! 86 ?, t Sk 86 ? I ?; Brooklyn Union Gai 200 131% 1814 18? , 181 . . Brown Bh it Ce r' 20.. ?'?? w% "" ??* ' ? ',' '? bru:.- '-. M i' 'i <; ", ? , . j '. Bum Bro - ": ''?.*'' ., ;, Bui?l Terni. 100 " . ? ? " ' W% ?;.?' M IJ 30 Butte A- P ??-? or I tp 6.100 :?'.'. "? ? ? ; ? ?' 2 ? ? ? ? ! ? I . 200 .H -;l ?I ?>'. ? 1. Cal. Petroleum. 8,500 "..,, ? . I . ' I ? ;. : ? , . Petrol? ins pr .. . 2,4.'7 ?;..?? ? ' - '.' 10 ? a?ada Pacific... ".n"" I * ' ' * 1" ' ' i ? entrai Leether. 800 68% 3 % ?>? j .... i ithei pr. 800 109% 100V. 109 i? oh .- ">"" ';4'i. ';-'i ,;' ? ?' - % ' 01 Weal. 200 M\ '? : '? I ? - 11 ? ,1 ,,.-.. .. 800 SO1 - . - ? ?i ? ? Mi.- St P .... 4,900 100 ? I00! i 1"" 100 - li | ? i*,,..- Tun | . ' 13.'! 138 - ; . 8 ? in. it- Nor. Weit, pr 800 178 I? i 175 176 i 17ft ?*? ; .. 3,400 i-1 18% 17 i 17-: 1 I? 1 , , C. ?t SI L. . '?"" ''r- ,T?- :: :- ' , . , ft St. 1 or 1< 0 76 . ? :. SO ? '. ' 2^00 . ' ' i 53?, . . - ? ? i . 1.700 24% - "l i ! ... & ?ron. 18.200 ?" ? I ?6% 16% '?'? ? ? ' 100 . ! - 11% ?> 31 100 ?- 4? 2 ! 4 ; ; i ?.?' ' ... ' 142 142 I 14 . 1,800 - I'M a ? .- Can pr. i.'?? ' * * '"" : ' . 2.300 , 19% :.'"- ? ? .... ? ta p. 21 " '' i' 944 94 ! 94 ? Ci ne :'.. Steel. S '.'??l" ? " t ??! ,?84*. .\ 7 64 . . . -.. . pr. 300 l< . . 108', !"- . ' ? ? L0l in Cuba-.?-) - igi 1,800 ; -. 160 ? 156 I 15 9 D -v H . le?n . --11" 163 I '?"'? -, R (,. 100 11% I. :. II . 11% l9t I' ': | i: ?,. ; . ... '.1% 21% I . ; '. ; ' ? et. 1.800 - . 's i 28 21 ft At . 100 ? ?' 1% rage , 100 ?: l 63 ?' IV 63 ?" . 21,800 . Il -U I! 4' 1 lit pr. i ' - ...',.'?? a 2d rr. :'"" 51%' 611 ? ? - ??-' ] I. M. ft S. i ! .. ; | 8. pr. .... .i :,: . ' : . .cal Co pr. 3? 113-1 113' ? ; 113-, I!? - G n. Electric Co. 1.400 171 2 171 17' . IM i ??'?" Ti, ' 300 Hl ' ' "I 113 ? ! . -.. ' I '.li . ?.- ?? ' . '. 1 ' .... - . ? ' '.. . ].;.... .. 1.. ... ?..:".:..:? - r- : . IP.... 1 '.'.? I .". 107% 1". ' 1"7V |0; . I" il. 100 -- 22 22 ; ROO 60?. ?'.n , ..? ? ??-..: 17% 46% 4? . ?n. 1.100 20 i rOO 77V * | 300 109 1 ?? ', i? s , 109 Corp. pr_ l"' !??- Il K.- 106 108 . 200 ??'- t: M'a 11% % Il '! r pi . ' - If ?- '- l . - . roo 203 20 ? ? iii.i 112 112 112 1.700 ? Il 30 ,,.'.;; ckawanim St? - - ' *!??? SI . I .. ? ? '- 200 105 . ?' - i" ? - 1" ? ... Vall ?? ? ' - i, . i .. . : . ' 10 118 ' m- n?j i' . : 10 116 ? II?* , (.orillan P., .... 200 129 129 129 '. I*J ' i 0 Ma? pi ?? . ? . ? ', Mer. larlnc ctl ,4 ? 20 20 [arine pr. ctfa. 19,8 0 7i . - .?..'. | .i .. oil Motoi 8.9 - ? ? - ??-..? ' . iwoll Motor Is! pr. ?-'.-?. -/ . . -- 89 Il Motor 2d pr.: - ? ?- 2 . "? ?? ? 58.H 116V: 118*4 111 114%:- .."'?, Ill li ? ? . ]?? trol? .... jjii" 100 100 i"" 100 1 98 li'ii 100 Miai ? ? . ' opper . , . ?"..:. " - . - . - . ??? '. . . ? . ,- ? ? , ..!??'..?-?. '?i 12 13 . i . si P. A s. S. M ...< 121 i 'i , 124 IV;. . 124% 1 !4 Mo . Kan t Texas...., ? 64 6>.a 's ?r1. ft Texas i '?? i ..... I ctfa ..',.. i ' ? ? i . 100 . ? ' .' . . - ' 24 ? ' i Pot ? r .? 100 11" 11'; 110 110 's 109 i ' .! Biscu?l . 100 125 125 ' I l : 124 12 mal V.u. Si Stp. 1,100 ". :'. 26 . 1 ? ... .... 1 100 ..-'..- . . ; . , . ,;. : R. H ? 3M 9 ' ', '. ..' 30 ... ' 1,40? 16 I? !.. Ci - ' . i.. . I.', V. Ail Br? ? . ? 14 143 143 :: 11 : ? t : 7. V. Y. ? ? --:.. i . 12,8 ? ]'<:?'', 110 II . 9% I 19 . 1 "' '..'"" 76'i ??: .;,... S*. Y., (?cl ' ' -n. 100 '.'' ?; Soi t >|k ft Westen 2,300 121 14 1194 120 (/???tern pr ? - ? , ? ? - ? . '? .... ?21 ? ' ? 72 P 600' 1154 1K4 1154 11-14 ?? 11.".'. 11 . . ::.:. i?? 104 ? ' il. :?"?? i ' r ' u ! ? i ft Toi -.i i ? ., ? -. ' ? >5 PS 95 ?? :?: P.. B '? - ? - . ,:.-'? ' . 1.200 !'"!. 1104 1l?i lin ?.. n,. no? ..... 4 414 11 . 1 0 Coal 5.4 . . . . 109 109 !'- ' - * Pittsl 100! 97 '?:'?'.'. ? ? . ?,-, ; . ., :;.'nf' 61 61 ??? ? ; , -. Corp. of X. -1. IM 116 ? 16 116 116 , 115 |1?i H Pullman . . ? ; , g . . ? . ; i '.' ? '. - - ring pr... . ?i" ? . - ? 994 , . p, ? 20 Ra. ? ? I ? ?? - - ? 4.1"" 25 . >, ??? , - I . ?: ??;? .... 4.;-'. - ? . . -' . %' 81V SI*, Ri p. ho:, A ! ?? 7.4M 52% ". ' P .'.?'?, 7 Rep. Iron d Ste? pr. .. 2M II *M 108 . 108 . ; ? . . 1,. Rock 1 . 100 . . '?tf.s . .... Si i.. ? E P. 1st pr - ? -*. i " i\ in ' pr. 100 ' ' 16 ?.'? 15 Mi Lint 7M 17 17 |tft*' \e,% \ ?- , : 3 ?i.i , ?? Lint pr IM Roebuck ,.. '"" I--i 1 - i', 1?': i - ? '.;-.?'? i Iron i . 0 19% .... ., ?' fle . " 3M 1024 102 , 101 ?, 10] *. Se ;?? ? i:,. ? a) . 1,10? . . . . . . ?; thern Railway pi IM! 61 64 ?' il 63 ' i Milling.. IM1 i ! 95 ! 91 ... ' ,, . 17.1 ' i 15 12 Tel. ' . . ? '. - - . i . , - ? 1*41 - i ' ' ? ? '?:.''?? ?? :: ?: 500 ?;i , ? ... j pr i.-, i ; 'M loi loi loo 10 ' ? i i 100 -.. ? ' ,, I pape i ... . Bag ft Paper pi i ? ?, . .'. - " , I I n i on Pa - ?3 4 ? . ?. - 1 ? '. i ' ? 94 94 9*i I ? lit I..'" 11 . . ? . ... , ,4 194 19 ' ? 14 in |9 ? ? ? IM 36 ' Si ? ?' i 31 i - ? i s ..,, ,,; * ' ' '' - -i pi ".' 19 :.? 1 ? 4 ;- . lad Alcohol . .',. 128%. 1304.126*4.121 1 24.127'.'. Execntor Trustee Chartarod 1822 The Farmers' Loan and Trust Company Nos. 16, 18, 20 & 22 William Street Branch Office, 475 Fifth Avenue Now York. LONDON, 15 Cook-pur Bt, & W.; 2fl Old Broad S'nat, fi 0. TAR18, 41 Bonlerard i?amasanin BERLIN, 50 ?tttsr den Linden, & W. 7 Traftlcn1 Letters of Credit. Yo'Aga Eichange. Administrator Guardian NEW YORK STOCK EXCHANGE hi, i) [otatien Range. rat? Open. High. Low. Pi?al, elige. Bid. I Aak. U 8 Rod .'" !>' KM ?:'? 3 ' ?. 3*4 '--\ '< 3 ? '4 I*. s Red .* Ref. pi 100 ;;':? 3H S1 ? V is 3-4 II a i i: ,1*,. ? .? ???.inn ?".'?.. r.iV*a ..t1? .' t'i l 541s ; I i ? Rubbsi la pr.... 200 109*4 inn'. 109'-, 109?' ? ion'* 109 t i S ???.??; . . 119,200 -.'? -'' -?'? -?1? "? x"''? B51?* ' *. Steel si .... ??nn 117*4 117 I I17S |1" \ 1171' 117 * ?... i i i oppsi . . i 100 .?? ?. . ? ? ' ?-< '???'.. \ . ? ar. Chora . KM 17*, "- W . II . I M '?' . .i. Iroi I .'?? < . 100 ?-ii1, SO-ai 60 ?I" 1 "Yabaah . 1.100 l?li l?i!- I? 16 Va "?? 16 lOtt W'sbaah, pr. \.'.Tim :.'. 47?i 47' .T: H 17 47"a Wnbfi-h. pr, B. ,., 2,800 3lH ,'41 . 30?i BO*' - BOH **?i\ IVoat i BOO 31H K1H M*? 90*4 r? 80*4 81*4 E V ?'? Union Tel . 100 i8>,i B8!i s-\ s*?1. : 't BK'.i ?8H ri Weal .fc-hon?.' Mfg... 16,600 '.?'?'?? 06:- 66 66 1 ? Ci 0,'>'? 7 IVoolworth 2,900 I21H 122'- 120*' 120?? - l'a 120 121 Wheel, ft L E .... ' 100 '.' I!. 1*4 I1?. - '* ?'. 4*4 -- W. 1 L K. 1-t pr. .. 100 13 IB 13 13 2 14 17 r, Wills OTsrlsntl . HOO'220V. 220?4'220 "-jO*" 1% 220 221 - v. Illys-Ove snd pr.. 2001111! Ill?' 110s? 110% \ 109H 111*? MONEY AND EXCHANGE. i ? ... ,1. i.i ?? |.\ i '?i-. .,' ?. ; i:?\i l I i ai.i \ |li*?t. 3 4. - Ra? . > . ? to? fer ? Ul m v --ii ; i ?' ? .- ti ?i rat? .?? um .'. M ', 'l KABI " H04 - iTUN'SA? PIONH l ? , , . ? .,? ? ? - ? . ? <l !? ??? HI'B THKAKI.Hl ? . ? .1 I Frl?ar I ? ? l.l?. ..1 NT RATI S H.N ? ? . l;,H. 4 | ?i.? ? it; up ?o ?III ' ' ? i '. 1 " i ? ? ? . I . - I. 4 ? ? . . ( . |>l I I i i ? i..,m'-i?. ; ,. '!?"...I : - . ' ra" ? ? . ? - - ? 4 .1 II ? . ? ? ? I I . [All . . . . M*i ., I . ' \. ., 4' '. ? ??? | , ? I - , I I ? -??, ii- ... - ? ? < ON THF. CONSOLIDATED plai on the Co ? . ? ? ? ??.*?? ? . but 4 i was decid? Cru? iiil?. Steel h;.ike ? . :. rhed 112 and I ". . , ? P . 'as low ii 118 ? ? l changed band ?? -? n.i i , a . . ? 4 ' ' . .4 . ? >. I ? ' 1 . II II ' \ 4 ... ' 4-4 ' . ? . ' ?' ' . 4 ? ' . . . ?I'M K I 4 ' I I , . ? ? | ... ? ?". I ? < . ? ? ' . .... .... : . ? a *? . I'. m? a a a % . . . ; . ' ... . .? ? Il Ml?4? ? . ?. I " . ?" j . a 1 . ?. . ... ? I ? ' - , . '? ? 1 ? I .'ii Kin < ? . ? ? ? . ii . ? ? *; ? ? * . . k ? a . i i i I. '4 . 4 ? - I 4 - . I ' . " .4 . I. ... I ' ,. " . I ... I 1 ".' '.II mil ' ?? 1 > - " . ? . ? - - ? ? . ? * . 1 ? . 1 ? ; . ? . Ml\l\<?. V .... . ' ? ? ' - ? SaV? "?<'?..*. 4 ITY WINDS. Uli A ...... ? - ?. 4|. \ ? . ? I 1 I ? ? 4 * . * < ? ; 1.1 . . ? -????r.l tr coia-on. "4 aajajajo :.??? 1 : ? . OUTFLOW OF GOLD FEATURE IN LONDON Contois Gain a Fraction .Money and Discount Rates Remain Steady. Loadoa, Jan. 11, The Bank of Eng lam? to-day hough* ?12.000 in bar gold. told 1207,000, released ?j7"?.oon sad ihipped 1186,000 in sovereign?, to America, ?80,000 to the Continent an?l, i'BiTiinrkoii ?200,000 to Kp>r* and discount ratea remained ?tea?ly. loaned a< i"' ro i1-.- per cent; ? 1,4-.*? for ahoi I and three ' ? ?? er? 311 per eent premium at Lisbon " ii ? : i hi^hei* ar 69; th?* in'" ' ?? ? ? -'?nri^eil h* '.''. Pai . Jan, 11 Trading t H.i.irae to-day. Tl.ree pe? i I nehai a'".: at 63 fra i-,.?' I. . 'tange op I.,."..ion, 27 ..? .?? ?>'.* centimea. I??? DON < LOSING PUCES. '?. v. ... ; ,-..-?? mon? Ftrltlah . '? 4 4 . - .4 - ' ". ' ' . V V ? ? ? . ? ' a . "a RAILROAD EQUIPMENT BONDS. i 'V . . . ? ? Ma ?a ? ' ? . ? i ? ? ? ? ' ? ? ? - - ? . ?..<.. I ts- Y Central Linea I 4 , . . - . - <??,?.< ~- i. i U 4 Soul lea ? ? ? era Rail? I < ?? ? ? ? - i ? Vlrsinl ? ' ? ? DAILY IMPOSTS UND LXI'ORTS. i '.i I] ii.ri" ?? sad t iports of g n ..?., ? ..... ',,,. ,,.? \?., York v I r.' : Import? |i |||.I " in. I ... . ? ? . iy. .lar 4. W?rliiesJ 1.004.614 . ? a . Jan. BBBBBBBBBBBBV'*'' '*>?> 11 SaX',41) ??x*-:--*X"--*-:--k-*h-^^^^ ?j? Benjamin J ran/{?in says : *f *?* " Haws jrss mea hot t? de *?* .y ttmtrretv, ?;'- :t r - ;.?? " \\ .*! 'j'HE F'.nk.'tfi 'l'ru t (>-?;/*???*;? X '/. fen 'tie s-rwees of its Trust ? ! Z P-partnienr to :** i.cpo?*?tori an?: X A Others in preparing the anniial r- X ?a turn of income which must he ;; - X ,*,'??'? per-or.s "ubji-ct to 'he In oni-.'. f. Tas on or bet?re M.r, h i, 1916, X. jl I ? a at.-! Mil + ? Frangin Jrusl Company !{* 't' .*. ? : tart 00, ? : 46 %VaB Stir- ":* L '>?? ? -.n 1 t?? M<-nt-gec Street .'. I* 1 ") Full"n Street y ypootopocoioDoioneioioi? All WALL STREET rends DOW, ?ONES BULLETINS & TtCKERS Investors read THF. WALL STREET JOURNAL |il\ IDEM* VOTICES. WESlifi?HOUSE ELECTRIC A M \M I \< fi KIN?. I ??Ml' \M 11.: l-ali ? ? - > OM*44>N . ? a U ? I. ..... , . r> 1. :? ' i? iifti??- ..r a i a ?- i h?. ?1 Qaa laaeeaeoaMal Co, ' a. ?? ? ? ;???? . . ? , F two s ii.es ...;.. , . -, M? Of : ?". ? h ?k? 'm!? he rua?!'.I ? 1\ Miii'iiia ??- I 1. W. MORRIS, irire? irai January Investments Wr hart preparad ? cifcolar describiof ?tand ,iif) railroad. municip.il antl public utility ]gsssat uliir!? WC ??re of?rrint* witli our reromment-iaiion Yielding from 4.05r < to 5.80% Spv'1 for Circular E-19?6 IRedmond&Co. 33 Pine Street - - New York INTERNATIONAL MERCANTILE MARINE COMPANY COMMON STOCK A majority of the outsl I I ' ? * Stocked the ibove named ?Company has been de o led Unit?? State? Mortgage & Truat Company It Iff i Depoiit Agreement dated '?' ?'? '* m her 22. 1 : In order to comply with tite rolei of The New York Stock Exchange, irblch hss listed I - .'l by the Depositary, the time to deposit shares u ??grrmem ha-, been extended TO AND INCLUDING JANUARY 27. 1916. At ample notic?* hat been given 1* the .? *? (hit 'he rifhtsof the holders o< oramon Stock can best be ittefiariid by united action, the Committee stal it H ?t accept the deposit of shares after January 27, 191 rlth? t ptraltj, unless In its dl ? lh? Committee i warn ted i nMgg the tame. ?loldcrt of Common ? iould unde I it the Committee is under no obligation of ai ? toss vhp ?aithhold their co-r-peran'iri and fail to le| thclf viir-j and become parties to the Agreement. Dated. Nev- ?fork, January t, I I JOHN tv PI trrrv rhaimaa, USSA Mill \I.Rfa l???N \l I? ?.. 01 MM - \ n s. roil Al.F-f'.F.D A BTACI ? nSi HMOM1, Ct-suti nythtSAM C. TA? AaUtWMt, CHAl'NCBT H Stt'RPHET -- i ?" COaUUlUB ., r,r S-"?-" ?' ' f.x?-x-?:?-KM>x^ I statement of Condition X t* OP TNI / Franklin Trusi Co?ipany ?!. Dccembi-r * i. 1915 *\o , - - 0 RESOURCES ? % Cash . $ 4.*J4-'?" -? J. .*. Demand Loani . -,-.-:.;.- is A 1 , ? 1 Loan?. . ' ? - ? '." I P. 1 I' ? :.ja-d -,OC-.-,-t .0 *t4 ft State .r-.? Ma ?cipal .j? j S? ,r." M -.+ *-,*>-- -- ? jt* Bonds and ?Stockt ',188, i* 9 5 9 X rtra! Es*?*?* *?i,OOi X V r -?? 1 -, Mortfagai 1,118,76t a??? 9 Cm '? ?"? - "sacas I ?? ? V ,?. Accrued ?nteres" ? . i- . ? .'. V 5-A. " ..', ?. a" V ! -:?: ,?. I.IABII.ITI.S .*, *j? ("a- "a . * 1,000,000 M t T Surplw 1. - - ?.* -- *' |t* !il 1 ;<4 Pront? -*)?-,8h', Bj A I Pepaaki 1-.-?;?.*< - te 8 T Acce*-*44*ncei ic ?.'-..- I- ?-* X Rf-rvl UN I ax-i ?t.? : X "l" A?Kftasd In'tr-i: i'. I - c'i.-'r' I O { : X S - v 'if n-pniid. Per. 9. |4JU S 9.290.'77 s* g X llepcita. for. 24, 1914 11,132,?.07 M A v ii-p.?sits, iw. .n. itu tzjmjsn n? ?}? '?t ? s ,t, ,v. . Tara Ofiett si M >' Street ? ?{. /? ? r -a > i?6Montai rSi M i | -y***,-, , ,.l lit? ??- j g,a>.x-x?*.x~x~x*?>:"*!*?x~i-?;*?> ?*?*?"?-"??"?*. The Mechanics & Metals National Bank of UM 4 lia of Htm Y<irW. M N....HH Mr-"?l 4ai?it?i. laeplaa nn?i Proiit?. Minoonna CENTRAL PACIFIC RAILWAY COMPANY Three and One Half Per Cent. Mortgage Bonds. _ ? ? i?, i ? i - ? pa ?? i he t'nlr*,! ? "? \ ' ? ? ? - I , . . ? tr of ? ?? .?? ? ? ? ? fot of I * ? s I Pmll I ? . ' ? ? ? ?:-.'. \I PA? I!!'" ["All,***! aVl ? ' '? ..-, Dal FINANCIAL? MEETINGS \II\MI? \\ll?l\\l Hi'h ?>1 Mil ?IIS ?11 Nl.U lll?k :? ? - -, ' !?? ? i : 4 . . ? J ' ? . . . ? Ml". ' the aa i n r. ??? i I It. \\ \l I \l I. I II |M . .' ' ? ? i 1 ? ? . :? i: is HKi:i:i*r UIVK> ? r i i w ? ... ; ?? . i P. M ...... , . ? for ( f eh . Una ? - . II : * ?? | ; | , ? Mil ROTI? Il W I ?.I -I ? ??Ml' W*. ?r the ? n? ?.f N**?a l..rk. ....... , . . .... I ...?;. \ ??' i? , -'"in, I ? ORO*- N HARTMANN Mary. | ,.. .Unutar' lOtli, .... ? . anas -Tu? I.- .*?" ?"'?li? KV \ I > KI X*? H HI M ' R.*t"?'V V\ I |?M -1 ? X 1 . -i\v H MM rraan II ?'.ITS ii j -? r??;?. '? '? ir -| ? ? ? " ?; ? i .- I ?? ? - -? I utas : ?i?- : ; i *? " ? :>? G-i-t? ----- . ;??" - - - ? I . a? r -' ? - - ? ??, - a a ?'. ( I , ? ? a I 1? - IS I |\ \Mitl. MEETWfii THE NATIONAL PARKBA>\ ,,l m '.'. \"lth. . .-a- :-' ?' ' 1 ? "?? Nltlem . . . ' , ., t -, ' ' * . \ . 1 , . 4 o 5 ?-? u4 IL tUBB? ???. st ., v.-:~ " "' *Vu? ? - . ^M --y,, t ??* ' i ?..:?-? - ? - -? arltl aa,"|f*-' 4 ? _ ? ? I ? .. .- ' . - ... . . \|-.. i ?- ? ' ', .,_ I '.. r? '? 4? ' i? a - -n ??***? 1 " The Chase ?National Ban* ? ? ? ? -? : i THFa CORN ^CHANGE * 1.0' a - : a--*' ?x--?.-.<.r$ ' ' ? ? ' ? ?? . ' I?. %f-I* '?.'""' ' 5 ' tfna+Js ? ? _, ? ? tl * pa.? of H < Mt_ , ' ? mmt. i ? i ?**? ^ ?t**?***' J.i. .?ry 3i '. " *? ' T. \ ' * J