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?SECURITIES WAIN1TEO AND OFFERED ?????????n-um.m_ J.K.RiC?,Jr.&Co. IVe Have Orders in the \ Following Bank Insurance, and Trust Co^ Stoclfs: ?VHiancr Realty American Allij.nce Ins. American Merchant Marine Ins. Bankers Trurt Stk. & "Rights" Battery Park National Bank Central Union Trust City of New York Ins. Ch?a?e Nat'l Bank Stk. ?2 "Rights'* Continental Ins. Corn Exchange Stk. & "Rights" Empire Trust Equitable Trust Stk. & "Rights" Farmers Loan & Trost Stock Fidelity-Phenix Ins. Foreign Trade Banking Corp. Franklin Ins. Glens Falls Ins. Great American Ins. Guaranty Trust Irving National Bank Hanover National Bank Hatrriman National Bank ' Home Ins. Liberty National Bank Manufacturers Trust Mechanics & Metals Nat'l Bank ?Merchants National Bank ?V'ational Bank of Commerce N xtional Bank of Cuba Na Voua! City Bank National Park Bank I National Liberty Ins. National Surety Stk. & "Righti" Niagara\ ?ns. North Riwr Ins. Realty A?*7<ciates Second iValional Bank State Bank United Sta.1?? Fire Ins. ?United Stata* Trust Co. Westebester Ins. J.K.Ric&,Jr.&Co. Phones 4000 to 4010 ioha. 36 Wall Rt., N. Y BONDS n?-troit Edison }h. 19'i8-19i9 Detroit C ni ted Ky. 7s, l?23 Detroit City Gas 5*. 199? I)c(r?iit ? Milmrlian ?u, 19.H6 1let roil & I IInt Ry. 2>h. 1021 Detroit, Vpsll., A. A. & ?lixi, n?, 1926 Detroit ?F, Poutine Ky. 4V???. 1926 l>iil)iiiiu<* 17l?'<?. .">s. Ii?ri,r) KnnsHH City l.t. * IT. .->?, 194-1 Krinvis ( ?<y <?>ns 5s, 1922 Lake Shore Elec. 5s. 1923 Michigan I lilted Ky. 5?, 1936 MUltllewest I tllltie* (is, 1925 i Nina Seotiu Tram. & Pr. 5s. I'JIH ? Pacific I.iuht & Pr. 5s. 1948 * 1 nil??l l.i. A Ry. 5s. 1932 II iah Gas & < ok.? ?'???. 193? STOCKS Un? yrns < ?i. l'lil. A ( oui. KurrougliN \?l?l. Mach, Stk. 4 His. ] Ford ?if ( ,?n.id;? \ Merrill, Lynch & Co. Trading Department | 1 20 Broadway, New York I I'honcs ?:.-? lor ;i.k:s i<> ?C92, Incl. Cardenas American Sugar Common & Preferred Mercantile Stores Co. Bonds ?and Stocks Bought, Sold ?" Quoti-tl Charles E. Doyle & to? 10 Brofid St., N. Y. Tel. Broad 7106-7-8-9. STANDARD WEEKLY ^\ WIIX KB SUMMARY ^^ 11110:1) ON S TO ?TANDARD OIL j* INVESTOR? I8BIE8 I ON REQUEST CARL H. PFORZHEIMER & CO. Thon? 4MU-1 2 ?-? Hiu.nl ?l, Kf?.,^ St.. h. ? French Sou Disappears As Prices Soar Higher * Christmas Dinners to i.ost $6 to $12 Each and No Wines Are Included TARIS. Doc. 21.?One of the effects ?if tho biuh cost of livinir in Paris ha-r been virtually to eliminate the sou (one cent), aa u coin of purchas i value. The newspaper "?uvre" ha-; opened a competition asking subscrib? ers to polo! out articles on the Pari* market that can be bought for a sou. Omnibus fare?! are to be increased from tlve U> Beven cents, ??nd second ?lass railroad tariffs from eight ;<> twelve cents on January I. Illuminat? ing tfas will be purchased at a rato twelve cents n cubic metre higher tin.:! nt presen:, while the price of elec? tricity will be two cents a hectowatt. Restaurants arc offering Christmas dinners at from 30 to 60 francs ($6 ?o $12), which at first sight would ap pear i?i !>?? much the same as before i the war, but wines are not included, aa I they wer?> before the historic struggle. Families celebrating the holiday ut horn?! will find things unprecedented!.', ?lear. A dozen oysters will cost ;> francs ($1), an average size turkey. 50 ? $ 10 > ; a pound of truffles, from 30 'to ?10 ? ?i) to $8); a pheasant or bare, 80 $6). a little jar of p?t? foie gras, 71*, and real caviar, 100 francs 1 $'.?01 a pound. Tin price of wines has increased enormously, champagne cost? ing from 30 to B0 francs ( SO to ?10 ' at wine dealers' shops. In considering these prices it shoul?! b-c remembered that present rates of exchange have nothing to do with the Frenchman's ability to purchase a bot tie of champagne. Fifty francs istohim still what $10 is to an American, al? though under the rate of exchange it is Canton Bonds Ofl'ered The William R. Compton Company, the Bankers Trust Company, Kissel, Kinnicutt &. <??. and Stacy ?.<? Braun will offer, at a price to yield (.80 per rent, a new issue ??:' $1,752,178.24 City of Canton (Ohio) 5 per ?'?-.nt school ?lis ?ri'-t bonos, due serially from 1920 to 19,"!'. The ???'mis are .? direct obliga? tion of the entire school district, which ?hows an actual valuation of $175,000, 000 and an assessed valuation as of I9J8 of $119,881,950. with ratio of net r\?bt to assessed value less than 3 per ?seat, thu. debt being $3,377,606, Miscellaneous Markets Public mmie* TIM. . 1 SIS Am l.tcht & Traction. \m t.irhr ,<?- Traction nf. 91 Adirondack Elec Power. it Vdirondaclc Elec Power pf... 77, Am Ona A Electric.120 Am Gas ?<? Electric ef. 2,114 An Power ? Light. 63 An Power ?X- Light pf. 7 3 Am Public tJtlllttea . S Ala Tul,lie Utilities t>r. 2? Am Waterworks Electric. 2 Am w \\ ?v- I?: panic, pt. fi Am w w .<- a, 1 ft pf.s? 1 ., Inn Powor ?v Light. 31 Cities Service.105 do pf . 71 -i Cities Service bankers ctr. lilt Cities Ser 7 p c, ser C, 196I?. . 101 <?a Colorado Power. 13 Colorado Power pf. so Com Pr Ry A I.B. 18 Com Pr Hv .?- 1. pf. ? Ivn Oas ?t- Kl-c Oi?n 6s.... B7 BlcctrJo Pond & .Share pf.... 91 Empire District ?Electric pf.. 70 Fe.leral Light * Traction.... 7 Federal Light ,t Traction pf. 41 Oas * Electric Securities ....3*?0 Oars & Ei-ctrto Securities pf. te Northern Onio Electric.?? Northern Ohio Er?ctrle pf.... B7 Nor Ontario I. I g h ?? <Sr Power. 11 Northern Ontario l.t St Pow pf 61 Northern States Power. 63 Northern State? Power pf.... S3 Pacifie Gas .*? Electrlo pf- 17 Republic l!v ??;? Light Co. 10 Republlo Ry A Light Co cf.. 43 Southern California Edison... 85 Southern California Edison pf.100 Standard Gas & Eloctrio. 27 Standard Cas & Electrlo pf. . 41 Tenn Ry Light A Power. 2 Tonn Ry 1.'?.? hl ? Power pf. . 6 United Light * Rvs. ? United Light & Rvn. 1st pf... ? Western Power . 21 ?2o pf . 72 ? Bonds Appalarh Power 1st 6s. 67 Cincinnati Gas & Eloc 6s '6 6.. 85 Col Qas A Bled 6s '27. 79 Col Power. '63. SI ?lo 6s "63. 85 Dallas LI??- 5s '22. 99 *; East Texas Elec 5s '42. 32 ??stund. 191 ?4 17 80 125 41 67 IS 41 r> 73 43 103 1? 05 46 ? 3 ?4 75 1? 45 ?10 15 2? ?t 14 67 66 92 IS 12' 144 28 43 ? s 37 ion il 6? El Pas Gr?>at West P Mlawest f "t 11 1-j '25. . . Miss River Power 1st E Northern Ont Light & Northern States Powar Pacific Gas & Elec 6s ruget Sound Trac L & Twin Cay c & e 5s.. . Un Light ?.?- 1: 1st 6s '.". do deb Cs, '26. 86 S 7 '-?J 6.? '26. "51. . .. P 7s. RONDS Bonds A ppalaeh Pow ? 1 : Ht C " ? 'incinnal 1 < ins ?v Dei ! - '. S?"? Col Gas & El? c 5s, "27. . '? Col Power, .? . SI do 0s '63 . V.? Dallas Electrle. 2s, '22. 99?? Las'?. T.-r-as Elec 5s '12. 7 2 El Paso Elec < ol 6s. Great West Power 5s '46... Midwest Util 6s '2?. . . Miss Kivi'i- Power ?.s< 6s... Northern ? >nt l.t. & P ?is. . North States Power us '2?. Pacific Gas ?- Elec 6s '31 . Puget Sound Tr, L ,V; I' 7s. Twin City C A E 5s . Un Light A R 1st 7s '32. . , do deb (is, '26. Card-Am.. L'O do prof. 70 C Aguirre.390 Fajardo ..122 Gt West. .410 do prof. 11.'. Gunta'mo. 7? Manati . . 1713 ?Jo pref, LOI) Sugar Stock? Bid. Asked.] L'O Mat-Am 8,<l. 400 13G 440 118 70 i.m 102 I do pref. 60 Michigan.. 13 National .14a |N Niquero.225 I s C?.lia. . 77 I do pref, 80 ?Savannah.. 7.7 I ?In pref. 80 Chemical Stocks Am Cyan. .",0 do prei. .?4 Bv-Prod .110 Cassin Co. 13 Dow Ch.. . K6 On P C pf y Fed Chem So do pref. 95 Graselli ..1,0 do pref. 1 ?U Hook Elec GS CO 115 18 1 10 185 103 Hcok Ki pf 07 Ky Solvay. 80 Merc Co p. 1)3 Men imac. 92 Mulford Co 55 Mutual C..160 Ni.g All: p SO .-piii'-t S.. .160 Solv Proe.. 11)0 Stand Co. . 80 1 10 too ?4 u?) 100 175 Tobacco Stocks A Tob <lv 3.17.S Conley Foil.3-10 ?; VV Holmes.150 do pref.. 98 J S Young. 130 do pref. . 95 Mac A ?v.- Fb.150 183 Porto it-A T.12S 360 il .1 Reyn A. ?00 165 ?lo ser B. .4 5') I02 do pref. . .lui 138 Weyman-B. .165 10.7 do pref. . . 9S 165: Miscellaneous Stocks Am Chicle 90 94 do pref. ?SO 85 Am Mfg..183 187 do pref. 61 2'0 Am M&F.100 Anr Typ F 47 50 \ D 1 N I 25 25 Am Leath 82 85 do pref. 97 HS<? \ W C pf 92 Atlas P C 65 7u H B&S 1 p SX ;>2 do 2d pf 70 Bor C Mir. loti 1 12 Bush T pf 771;. So Olluloid. .145 " 155 Childa Co. 83 87 do pref. 91 98 City lnves 65 77, St? in U p.111 Col E Sy.1000 1200 IT&PC&On.Hfi Crk W pf. 96 I'll Valvol pf..l04 D L & VV.160 170 V Raalt In 45 do pref. 96 lf?0 ?1?> pref. 89 F It 1st pf 97 100 W C Kerr. 50 do 2d pf 98V- 101 ? do prel - Drape? C.1I2 I 15 W & B pi. 100 Ini Sil pf. 9 100 ! Yale ,* T. 270 Steel and Ordnance Stocks Am Brass.22.'l 2 . East Steel. 30 177, 89 120 ?27l) 68 190 120 1 LO |Leh V S C 87 90 |Lima L pf 97 lOo I Nat Cash.. 115 N J /. xv.~t.27o 280 N C?, 1 pi. 102% 103V? O'Neill pf. OS .?9>/a Phelps D..245 270 I Phil .1 Cor 00 ro du pref. 94Vi 95^ Pr .'2 \V pf r.7 I It Reis ?V C 25 30 ?I-, prof. 90 95 Ry Hak P. 140 150 do pref. 92 ;ilj I.'Singer Mg.172 178 |S L l.M.'.P 12 4S IStoll C pi'. 102 105 1) W in. 10212 103% 115 155 107 Atlas )'v, 150 do pref. .-, Bah ?V W. L15 Bliss, EW.420 do pref. 02 CHn P&F.180 Carb StL. 115 do 1 pf,102 do 2d pf 70 Ckilta Ama 2 7 D P Pow,165 00 085 K.mp S ?V: I :??:, do pref. 65 ?Here P.. ::?'' do prel . 107 Niles B-P, 105 do pref. 107 Scov Mfg.295 Thorn Iron 30 Win Cor. .375 Woodward. 44 85 102, 1 lo 109 110 4 17, 36 ?Ex dividend. Jiow York Hank ?Stocks America . Atlantic . Am Exch.. Battery Bowery Brant P. .625 .215 .310 .215 .420 . 1 ,0 Garficld N. ,235 Gotham ....200 320 Greenwich .2,75 22 1 Harriman .. 305 -Hanover . . ,830 160? Industrial . .190 - nid. Bwav Cent. 150 Bronx Nat. 150 Butch A D. 33 Chaao .535 Chat & P..320 Chelsea Ex.125 Chemical ..585 Citz Nat...255 City.4 25 Coal A I..245 Colonial . . .360 Continental 120 Commerce .210 Columbia . .200 Corn F.xch. 170 Cosmop'tan.110 Com'clnl E.416 Com'wealth. 220 Cuba .178 East River. 150 Fifth Nat. .150 Firth Ave. .900 Fi rut Nut. .986 Foreign T B ? Ankpd i 160 100 Im A Trad ?Irving Nat Liberty . . . Lincoln .. . Mnnhat Co. Mech AM.. Metrop'tan Mutual . . . Merchants . New Neth. N Y N B'A N Y Co.. . 250|Park . ' Pacific _ 4x0lProduee Ex Public - Seaboard .. Second .... 1S5 State . 170! 23d Ward. ?? IUn SUtr?.. 950|Union Ex.. 1015 Yorkvllle .. 166 Bid. Asked .590 610 655 330 430 220 290 465 .280 .240 .465 .340 .100 .245 .200 .450 .140 .750 .135 .275 .230 .625 .400 .220 .130 .170 .185 400 475 295 475 350 420 255 210 145 780 425 240 | 140 195 ?Includes one-hnlf share Irving Trust. Trust Alliance .. . ??Am Trust. Am Surety. Hankers . . Bond A M Cent Union. Columbia .. Commercial Empire Tr. Equitable . . Farm LAT. Franklin . . Fulton Fidelity . . . Guaranty . . Hamilton . . Hudson T. . KillRK CO . . Lawyers M. Lawyers T. and SO so 385 22 5 p;o 150 295 4 80 417 130 640 122 110 Surety Companies ?-j Lincoln Tr.175 ? ?IManufac'ers. 205 85 Mcrch .290 -Mctropol .. .340 245 Mtgo Bond.. ''I 470 Mut T of W.105 385 Nat Surety. 220 160 fN Y Title. 110 305 N York T. .027 ?190|N Y L1&T.750 155 Peoples ....290 260 Realty Arso.HO 260 Scand'nnv'n.890 210 Title G A T, 120 4 10'Un Slates.. .850 265 U S M A T. 125 1-10'U S T Guar SO 665 Westchester. .130 130 W&B T A M.105 145 'See New York Title and Mortgage. ?Owns all American Trust Company. Insurance Companies Am Alli?nc...260 280! Great Am.. .480 1301 Hanover.. . 80 City of N Y.120 Com'nwlth..300 Continental. 82 Fin A Phoe.720 Franklin . . 86 Olobe i- R.100O -,'!? 87 Nat Liberty.170 i.20 Niagara .. .210 94 Ptuyvesant . 50 ?'iWesteh'-'Ster 37 Standard Oil Stocks P.1,1. A Ltd. 2!?'.j 125 230 770 120 910 900 430 S5 140 17:2 490 C15 Anglo-American O Atlantic Refining Co. do pf, new Issue. Borne-Scrymser Co . Uuckeye Pipe Line. Chesebrough Mfg Co, cons do pf. 108 do rights. 2 Continental Oil Co. 560 Crescent Pip? Lino Co. 32 Eureka Pipe Line. 150 Galena-Signal oil Co pf, new. 10:1 do pf. old . 107 do com. ' ?? Illinois Pipe Line. 170 Imperial Oil Co, Ltd. In,liana Pipe Line. International Pet ?'??. Ltd Vorthern Pipe Line Co. . . Nal lonal Transit Co. Ohio i ?il Co. 2Hk Penn-Mi \ Fuel Co. t; i Prairie Oil A Cas. 69 Pi alrie Pipe Line. 272 South Pen Oil Co. 272 Si lar Refining Co. 350 Southwest Penn T ' i tj- ? Linos.. 93 Standard Oil of California.... 302 ?I > of In,Mana. 745 ?lo of Kansas . l',0(i do of Kent uc.tey . 460 do of Nebraska . 525 ?i?> of New Jersev. 727 do pf 460 ?14 260 125 34 1624 112% 430 265 110 4 676 34 170 108 111 175 136 9? 6S 700 114 X. Vor. Ui do of Ohio. 5,10 . 100 I 'o. I 1 ?I n Tank 111' ?t :r 2 550 1 17. 122 Vacuum .">il Co. Cf. 437? Washington Oil Co . 42 47 Miscellaneous Oil Companies Bid. Asked, A lia title Lobos Oil Co com . . <?:> 75 Cosdon A Co. 9 ?v; Elk Uasln Petroleum Co. 77i 8% Houston oil Co, Ltd. 166 165 M;i noli: Pet roleum Co. 440 460 Men in oil ? 'orporal ?on. 1 S ; . I fi Midwest Refining ?'??. 15'J L.I National Fuel A7- Cas Co. M5 165 Northwest ? III Co. 1 , 48 Pierce Oil . 101 104 Producers Refining Co. 10% 10% S.dpa R? fining Co. G% 6% Short Term Securities Security, rate maturity Rid A??l<r Yl?*l?* Am Cotton ?"til ?is. 1924...97s? 98 % 6.45 Am Tel & Tel 5s, 1923. . . 96 D'T-'i do 6s, 1924.100 101 do 0s, lf?2'4. 95?; fiti'i Am Thread 6s, 1920. 99 101 do 6s, 1928.100 101% Am Tobacco 7s. 1920....100 101 do 7s, 1921.100 lot % do 7m, 1922. 95 B6% do 7.s. 192'::.toi?i 102% Anaconda cop 6*. 1922.. 9;?r; 9|'?,-j do conv Os, ! 922.108 '^ 109 % do conv ?"?? 1924.r.'i-'." 109 ?i 7.40 0.00 7.10 6.20 6. On i, 2 0 6.6: 1! H th Steel 19 i!o 7s, 1923. . .n Nor Ry 6s, i H 2 I . 1922.100 100% Can Pac Ry 6s, 1924_ ' n Argi nil n- Ily O.??, 1927 . ? i: & Q Int 4s, 1921 .... fill Pneu Tool 6s, 1920. . . <^o 6s, 1921. do 6s. 1922. Cuba Am Sugar 6.?, 1920. 6s, 19 21. 99-% S? Cudahy Paelc 7a Del .?.- llu?is?>n 5: Fed Sufrir Ref ; General El? c 6s. 100', 100 100 100' 100' II N< ?Ulf ' R.i 1921 , .100-4 101 100' 1001 inn: 6?r. 6 SO 8.90 6.00 6.00 6.0? ?>.00 6,66 6.66 II IP 2 Id Pack lo 7s, 1921 Jo 7?. 1922 R fis, I 92 I if ,? ? 0 s, 19S0. 7 0 .100 .100 . .100 Tel Rj Liggett A Myera 6s, 1921 97% Molina Plow 7s. 1920... . B9% do 7s, 1921.100 do 7s, 1922.100 do 7s, 192S.l?o do 7s, 1924.100 N Y ('??titrai fis, 1920_ 99% Philadelphia, Co 6s, 1922.. 92 Fenna Co 4%b 1921. 97% Pitts A. C col tr 6s. 1920. 99'4 Prort & Oiimblo ts, 1920.100H 100% 100 ?t io: 101% 99 99% 101% 101% 101 % 101 % 99% 94 99 % 100% do 7s, 1921.101 102 101 ? 102 do 7s, 1923.10:t% 102 ?i Public S N .1. Nov 7, 1922. 81 85 R .1 Reynolds Tcb Cs, 1922 99% 99% Soulhern Ry O.k. 1922. . . . 92 94 St P U P> gen 5%s, 1922. 97% 99 6.4.1 716 6.10 6.20 6.45 6.65 6.65 6 30 9.00 6.86 6.76 5.25 6.70 6.8 0 t.SO 6.20 Security, rat? maturity. Rid Ask Yield I Btudebaker 7s, 1921.100 102 ??' do 7?, 192f .10? 109 - Swirt & Co 6s. 1921. 99% 99% 6.20 West India S Fin 7s, 19?0 91 100 7.IB Utah See 6s. 192?. 17 81 10.15 Westlnghouss 6s. 1920... 100 100% 6.25 New York City Bond* Inter 4%s, June, 1966... 99% 100% 4.49 do 4'?s, July, 1967_ 99 V? 100% 4.49 do 4Mih, March, 1903... 99% mo',i 4.49 do ?m*. M ?? Ni 1967... 99'* 100% -t.49 do 4%s, April, lOOtl.... 94 95 Vi 4.60 do 4%s. March, 1964... 94 nr,% 4.50 do H4?, March. 1962... 94 96% 4.60 do ?Has, Sept. 1960. 94 96% 4.50 do 4%n. M, I960, op 30 94 95% 4.50 do 41-s. Muy, 1959. 90% 91% 4.48 do 4s. ?Mav, 1968. 90% 91% 4.41 do 4s. May, 10B7. 90l* 91% 4.48 Reg 4h. Nov, 7E56-5?_ 90% 91% 4.45 do 4s. Nov, 19,1?. 93% 94% 4.44 Inter 3%s, Nov, .1954_ 83% 83% 4.41 Coup 3%s, Mav, 1964. S2% 81% 4.41 Reg 3%s, 1960-'64, Ina... ?2% 83% 4.41 do 3'?is, N I940-'60, In?.. 4.56 4.40 - Reg A coup (serial) 4%s. June l919-'30, Inc. 4.60 - - do 4%h. Apr 1919-ML Inc 4.60 - - do 4%s, July 1919-'32, ino 4.60-? New York State Bonds C!?n Imp 4'<?s, Jan, 19G4..107% 109 4.05 High Imp 4%h, Sept, 1925.107% 109 4.05 Canal Imp 4 Vis, Jan 1966.102 -? High Imp 4',s, Mar 1965.102 B Can Tor 4%s, Jan 1945.102 103% 4.01 High Imp 4s, Mar 1967.. 98% - ?-? High Imp 4a, Mar 1960 ?62 inc. 98% -- do 4s, M & S 1963. 98% 100 i.?t Oniiril Lop 4s. J & J 1960 '62 Ino. 9S% Pul .S Park 4s, Mar 1961.98% - - Riirii?? Canal Terminal Is. Jan 1942-'40. 98 -- Federal Farm Loan Ronds Rate Maturity HI,I Ask t'.;B Nov 1928 op 192.1. 99', 100'j t%8 1920 op 1924. 99 lOOVu 4%s May 1 937 op 1928,. 99 100% Cs May 192S op 192.1.101 102% More Pay for Navy Or Ships Will Lack Men, Says Daniels Effective Personnel Is Now Only 45,000, He Asserts; Dreadnoughts Without Crews for the Maneuvers WASHINGTON, Dec. 21. -Passage by Congress of a joint resolution provid? ing for pay increases to navy personnel, as recommended by him in November, was urged by Secretary Daniel.'? in a letter to-day to Speaker Gillette of the House, in which the. Secretary declared tlrat. duo to the loss of its skilled men, the navy now was unable to operate the number of ships that, ''.should be kept in commission." Emphasizing the necessity of imme? diate action, Secretary Daniels assert? ed that, while total enlistments nosr were about 102,000, the majority of t iii's;? wore boys under nineteen years old, entering ris apprentice seamen. He added that, base?! on the diminishing number of warrant and petty officers, the navy has in fact an effective ?n listetl personnel of only 45,000. Dreadnoughts Undermanned Due to the rapid loss of men in skilled grades because of higher writ's obtainable in civil life, Mr. Daniels said, it will be necessary, un? less ( ongress takes prompt action to enable the navy to secure an adequate number of these men, to send the eight dreadnoughts of the Atlantic fleet to Guantanamo, Cuba, for winter maneu? vers with reduced crews, and also to reduce the number of destroyers and auxiliary craft which it was planned to send with the battleships. More? over, the shortage of skilled men, Mr. Daniels said, makes it impossible to prevent deterioration of all ship in? stallations and results in great loss of government property. Previous Assurances Qualified The Secretary explained in connec? tion with his message to Speaker Gil It U that his recent assurances that trie navy was ready for any emergency and thai the winter maneuvers would b?r fully participated in by ships of the /Ulan ic beet, were predicated on tlur belief that Congress by the present time would have, granted the pay in? creases recommended. The pay increases advocated by Sec? retary Daniels before the House Naval Affairs Committee in -November called for a flat increase to officers, ranging from $1.000, for admirals, vice-admirals and rear admirals, to $470, for ensigns ruiil warrant officers, a 50 per cent in? crease for all petty officers and a 30 pei cent advance for apprentice sea? men. 11 is proposed that the scale be made effective until June .'?0, 1921. Pope Officiates ai Dedication Of Tablet to Artist Da Vinci ROME, Dec. 21,?The Popo officiated Friday at the dedication of a marblo tablet in Meleaglr Hall, In the Vati? can museum, In memory of Leonardo da Vinci, the famous Italian painter, who painted there from 1514 to 1510 at the instance of Pope Leo X. The artist later was called to the French court by Francis 1. The inscription was com? posed by the noted Latin scholar Mon signor Aurelio Ga.lli. Babe and Soldier Instantly Cured By "Miracle Man" George Moore Hickson Cre? ates Sensation in Pitts burgh by Results at "Spir? itual Healing Mission" Special Correspondence PITTSBURGH, Dec. 21.?So many remarkable manifestations of healing power have been witnessed the last week at the "spiritual healing mis? sion," conducted in Trinity Protestant Episcopal Church by George Moore Hickson, English layman, that incred? ulous churchmen and level-headed busi? ness men have begun to use the ex? pression "miracle man." Hickson, who claims no divine power and ?attributes all cures to the sub? ject's faith, began his mission here last. Wednesday, and since then about 1,400 persons either have been treated directly by him or have been the sub? jects of his prayers. Two cases of apparently instantane? ous cures wer?; recorded at yesterday's meetings, though .Mr. Hickson discour? ages his hearers from expecting im? m?diate cures. Baby Healed A baby suffering from a nervous disorder and writhing in pain war; cur? ried to the healer, and the quickness with which its suffering slopped after receiving the healer's ministration as? tounded spectators. A veteran of tho World War, clad in his overseas coat and using a cane, was assisted to tho chancel rail by ! two friends, who then retired to seats | in the auditorium. The soldier had j emerge?! from French battlefields a semi-paralytic, but ?is Mr. Hickson 'placed his hands upon the man's head and prayed thai, strength ??:' body I might return tire Boldier arose, and without his cane and unaided by friends walked steadily to his seat. ; At a previous meeting a youth, ac? companied by his mother, entered the church and asked to see Mr. Hickson, j but on account of the boy's evident ill ! condition. Dr. Edward S. Travers, the i rector, asked the mother antl boy to | go into a side room until the healer 'should finish his regular mission. ! Somehow the two. unnoticed, slipped | into the meeting and occupied a front ; seat. While the church was at its quietest and Mr. Hickson was praying over half a dozen crippled men, ?the boy suddenly dropped to the floor in convulsions. A woman near him at | the moment forced a Testament be? tween his teeth to keep his jaws ?apart and he was carried immediately before the healer. Mr. Hickson placed his hands on the afflicted hoy's head ; and offered a prayer. The jerkin;: jof the subject's body ceased ami in a I few minutes he rose from the floor ?and walked to a seat. Blind Man Benefited 1 ''If these I hint's were not brought i about by God to demonstrate the power : of His hand, who can tell why they have happened in my church?'' asked Dr. Travers, commenting on Mr. Hiek son's work. Not only Pittsburghers have been at . tracte?! to the meetings, hut many per , sons from distant towns. One man . from Akron, Ohio, who had been al I most blind for years, reached the city la few minutes before Mr. Hickson had , closed one of his meetings. He was i rushed to the church and received j treatment. The next day he reappeared ?with the statement that Iris sight was I returning. The third ?lav he walked to ! a seat in the darkened church and de i dared his belief he would receive his : complete sight, as marked improve i ment already had taken place. Mr. Hickson is a layman of the Church of England. He came to Now 1 York in May, and in the four weeks he spent in the metropolis he laid hands on 15,000 pilgrims from all parts of i the country. He held services in Trin i ity Chapel. Many cures were reported. WantsMonroeEdict iuTreaty San Salvador Suggests it as the Basis of Universal Right SAX SALVADOR, Reoublic of San . Salvador, Dec. 21. The Secretary sof Foreign Relations h:? : requested the State Department at Washington to ?issue ati authentic statement concern i ?ng tho Monroe Doctrine, exactly as the State Department understands it in the present historic moment. The Secretary suggests that the in? clusion of the Monroe Doctrine into Article XXI of the text of the peace treaty would Immediately transform it into a principle of universal right by virtue of the full sanction of tho na? tions. ? o Prisoners Go Home Over 2,000 prisoners of war, the last I batch, have left Frongoch Camp, North Wales, for Germany. Price Trend on the New York Stock Market -.? ? i -? i i i i i i -i r -rr-T-T |?. . T-. I The graph ahove shows average price ot twenty railroad stocks in one line and thirty industrial stocks in the other on the firs! business day of each month from January, 1917, to December, 1918, and the weekly high, low and closing average itriees since lannarv 1. 1919. NEW ISSUE Exempt from Federal income Taxes, Including Surtaxes $1,752,178.24 City of Canton, Ohio 5% School District Bonds Dated December 1, 1919 Denomination $1,000 Dated December 10, 1919 One bond $1,178.24 Coupon Bonds. Principal and 3emi-annual interest payable at Kountze Brothers, New York City. FINANCIAL STATEMENT (School District) Actual Valuation.:?>;.-,.$150,000,000 Assessed " (1918). 119,881,950 Total bonded debt (these issues included). 3,432,000 Sinking Fund.$54,394.68 Net Debt.KB. .>-.3,377,605.32 Ratio of net debt to assessed valuation less than 3% Population 1910.50.2/7 present, est.95,000 These bonds are a direct obligation of the entire school district, and the proceedings under which they ?re issued provide for a tax levy sufficient to pay the principal and interest. MATURITIES $41,178.24 Dec. 1, 1920 $40,000 annually Dec. 1, 1921 ?1926 $46,000 Dec. 1, 1927 $19,000 Dec. 10, 1921 $37,000 annually Dec. 10, 1922?1959 Price to Yield 4.80% Legality lo he approved b\) Messrs. Squire, Sanders & Dempsey, Cleveland, Ohio. Bankers Trust Company Kissel, Kinnicutt & Co. 16 Wall Street, New York 14 Wall Street, New York Stacy & Braun William R. Compton Co. 5 Nassau Street, New York 14 Wall Street, New York Tho above information and statistics are not guaranteed, but have been obtair.e?! from Bources ?? h we believe to bo accurate. ffini?niiiiniiniHiiMiiiiMi i hid a ?win ?muh ? | I | B !? The business which 1 control gj *' has averaged net profits of g * about $2.5,000 a year for the m f., past six years. It is probable |. ? that I can greatly increase jj '8 this by becoming associated g '?*? with a Banking House capable 2, f of underwriting bond and g ? stock issues up to $15,000,000. ?j j One wishing to secure a man g ;? of experience and judgment, -jj ? having a wealthy clientele ad- jjjj ? dress B., 416 Tribune Office. 1 i ? r? S!. E S S3 IS B3 IBlililBlill ? 8 ? !! ?3* FINANCIAL TO THE OWNERS AM) HOl.OKIiS OF THE FIRST LIEN TWENTY YEAR SIX I'EK CENT SINKING Vl'ND OOI.I) BONDS OF THE '?SOUTHWEST? ERN UTILITIES CORPORATION 1S M KO UNOER THE MOllTOAGE OR DEED O?' TRUST DVTEO NEW YORK, N. V., JUEY 1, 11>I?. Notice Is hereby given that all outstand- ; i;i: llrsl lien twenty y.-nr si.v pur ont itnKlnfi fund gold b.?ii?in of the Southwest ? ? -n I ' 111 i 11 ? ?.-? Corporation, Usuoil undei the i orl gas.? de? ?'. of : rust da le?l X? v v i X. V . .1 1.2. I, '. : 1 7, :.??'.? i ?? . . : 2 ? . :, pi 77 usl p, will !? ?;?'< i ; dam ?vitb \vi IV. - ; imiH I inri ? ?it siiid n ortsatrro or ?'??? do ? ? \tfH, hi i . filie m' ? ho Ti liste? . I ..? ? oluinhia Ti u ? , ',,n | any, X". ?0 irr ?a I*, n y, New 7 ??. ... City, X. Y. All said bonds are hereby required to be thou and there presented Cor payment. Har'h bond presented for ! payment must be accompanied by all c?jii- , pons for interest maturing subsequently ? to February 1, 12?20. on wtiloh dato all said ; b?-inds outstanding will cease to bear | further interest, THE SOUTHWESTERN1 tmErTIE3 ! CORPORATION, By WILLIAM II. JOHNSON. President. War Saving Sales To Get Big Boost In 1920 Campaign Treasury Dept. Announces Plans to Pur More Zest in Efforts to Encourage Small Investors of Nation WASHINGTON', Dec. 21. Plans wore announced to-day by the Treasury Cor promoting an even larger sale of w?ir saving securities in 1920 than was pos sible this year, owing to the post-war reaction. Sales have shown n steady increase in recent months, giving of? ficials confidence that the movement to encourage thrift among small in? vestors will have permanent results. Since these securities were first of? fered two years ago, a total of $1,128, 180,7?U has been purchased, a great part of which has been in thrift stamps, which cost, only a quarter each. The 1920 securities will be substan? tially the same in terms and condi? tions as those of the 1919 issue, but some alterations have been, made in the forms. A change also has been made m the terms of the 1920 Treasury sav? ings certificates as compared with the 1919 issue. The 1920 certificates are redeemable at the Treasury beginning with the second calendar month after the month of purchase without the ten days' de? mand required by the terms of the 1919 Treasury savings certificates. Postoffices are not required, however, to make payment of war savings cer? tificates until ten days after receiv? ing writen demand for payment. Holders of one or more war savings certificates of the 1918 or 1919 issue may exchange the certificates for the same maturity value of the Treasury savings certificates of the correspond? ing issue. In the matter of ownership, the regulations provide in effect that the Treasury savings certificates taken in exchange may be made out in favor of new and different owners if the owners of the war saving? certificate? 30 reuest ?I SAVINGS HANKS SAVINGS BANKS Emigrant Industrial Savings Bank 51 Chambers St., New York The Boar?! of Tr stees has de??aie?l a Semi- annual Divide! I ?? ?>? ?*? ? Four Per Cent. Per An num OX AM, DEPOSITS ENTITLED THERETO. DEPOSITS MADE OX OK BB l-OKE JAX. toil.. 1920. Will. liit.HV INTEREST FROM JAN. 1st; 19:0. JOHN S. DALY, Comptroller. JOHN J. PULLEYN, President. The Bank for Savings IN THE CITY OP NEW YORK. :so Fourth Avenue, December 10, 1919. 201st Semi-Annual Dividend The Board ? :' Ti iv ss has de rl ired an interest dividend Cor tne six ? I ;- December 31, 1919, ar ;!:?? rat? ot Four Per Cent. per annum on all suma of ?7..00 and up? wind entitled thereto, nnd payable on and after January 20th, 1920. THE DIVIDEND will be ,-rmllted to Depositors as principal January 1st, 1920. DEPOSITS made ?_?ii or before January 10th, 1920, will draw Interest from Janu ary 1st, 192 Uberl : Loan Bonds ' ? ?.:.-.?? to ! '?? i-, ?-.?-??;,i WTin IijIIN HARPER. Con.pti DIVIDEND NOTICES 274th Consecutive Dividend ESTABLISHED 1781. The Bank of New York National Banking Association New York, Dea 16, 1919. The Board of Director? have this day declared a quarterly dividend of Five per cent. (5%) payable on and after January 2, 1920, to stockholders of rec? ord of December 22, 191 v. FRED'K C. METZ., JR., Cashier. ?uiin?? hswsiubui.??ii mniiiiM mum ??g ARIZONA SILVER MINES CO. DIVIDEND NOTICE A monthly dividend of 3 per cen? will be paid ?January 15, 1920, to stockholders of record .January 1, 1920. Arizona Silver Mines Co. KDW. s. VAN DVCK, President THE BOARD OF DIRECTORS OP THE DICTOGRAPH PRODUCTS CORPORA Ti? >N have r hi-? da) ?l ? In red a quai ???? ly dividend of 2 "?- on the outs mding , ? i rred stock ot this ?oi pi y, payabli Januar) ' th 920, to tho sto lers of record Decembr r ??1st, 1919 Si 7, books will remain op? ??. DICTOGRAPH PRODUCTS CORPORA TI? >X, M M Del,AN( U E, I'rcasurer. '??? r r - ? '?: NATIONAL BISCUIT COMPANY 3SUi CO D ilh rnpHE Board of Directors In? At OMMON I >':j:'l 3 quarterly dividend <i IVIDFND one and three-quarters '. iviur.nu Jtrr cen| on thc (.,..,. capital stock of the Company, pavab'e Januar?' 15th. '. V2J. in stockholders of record ?7: the close ? I busi leas ?i?*rrnrjer JOth. 1919. Transfer books will not be d ? ?... 1*. \\ ELLS. Treasurer THE IMPORTERS AND TRADERS N V Tlo.N AI. BANK OP NEW YORK. New ? ?rk, Di 19th, 1919. A dividend of Twelv? Per C-.-nt. hr.s to ? !,i'. been deolai i by I his bank payab ? on the 2nd da) of Janu ?i?? next to ato ;h I era ??f r.rd a' the close of business De? cember 19th, 1919 C. 17 REGAN, Cashier. TIM'. RANK OK AMERICA. New fork, !>?? r. 19, 1319. , The Board or Directors has to-day ?le?1 ? lared a .? i annual dividend ???' sixteen ? 16) per > ?'.'ir . free of tax, payable Jan. 2. 1920, i , stockholders of record of this date. W. M. BB.NNBT, Cashier. FINANCIAL CLEVELAND, CINCINNATI. < 'HlC.UiO A- vr. LOUIS KV. CO. K?f fund.ni; an?! Improvement Mortgage ?i0? ?pnds. 'm account of the non delh.y of th* engraved permanent bonds of the above Issue by January 2. 1920, the Interest due ? ni that date will bf p?i?i ai the ?luaranty Trust Company of New York upon presen? tation of the temporary bond? for nota I tion. Income Tax certificates for the in i terest should ac??ompany the bond?. M. ?. BARGKB, Tre*?ur??a Union Dime Savings Bank 40th Street and 6th Avenue. An I ntei est DIvi lei I msecutlv?) has 1 ??". . ? ire ) I rate of FOUR PER CENT ;? '- annum, : ' in i on and aft? rs lay, Jan. " 1920 on all - jms ? i lile 1 thereto under the Jt.-l..? ? Money deposited on before Jan. 10. 1320, draws Interest from Jan. I. 1920. ALEX. P. W. RINNAN. President. FRANCIS M LEAKS, Treasurer. PRANK 1?. HAZARD, Secretary. k I ' .; ( or. ?nil \?..- ?V Hirll St . Sew York FOUR PER CENT interest ;>? rr ann p ?? a a on ?vn? after January 19, 1920. Deposit? made on or before ?lanuajrr 10 will draw Interest from January 1, Ws? JAMES QLT.NLAN, Pr?s dent. CHARLES M. DPTCHER. Treas. PRANCIS M. BACON, Jr. t . _ B. OODEN CHISOLM, ? iwJTetansj? FINANCIAL MEETINGS The Chatham & Ph?nix National Bank OF THE CITY OF NEW YORK The annual meeting of the Bharehold era of rlie Chatham &? PhenU National Bank of ibo City of New i'cik for tht election of directors and transaction of any other business whlcb max &? brought before saM meeting will b? hr-'l at th? bankltiK house of said associa lion, No. 119 Br? adwa: In ll a 1' C ' of Maniiattan, In ihe ? '. <?'. N'"1 ' :'; te iday, Jan iar) . h, 19?0 ?: "> O v l(X !. ;, ? i. ; ?? rork. De? BERT L. HASKINS, "ice-Pres ?t a-.jr. THE MERCHANTS NATIONAL BANK of the CITY of NEW YORK ??-?? lu ? u..-' aim ... 'h. tors i?, trtk?-. .-u? h othei act on <?> rridy ?? ? essar) ? ? ause Its liqul lallon ?? ? National Rank to becoi ' ' ? ? *;J Its corporate existei. as ?? State Bun" to begin: and to transa I bu h f?rt?? Business as may co the meeting. By order o? t h Boa r D r ??' O. E. IMVM'KIt, Caj-hler. Dated. New York, Dei rub. r 13, 1*1' MEETING OP THE STOCKHO DER? O? the Special St',\ w II be h? Id at 12 o'cio lanuaq 12; h, 1920, n< 2039 Gi 1 1 ? New York ? ? ? ? tlon of oil ers and an> hoi bus ss which msrjr be brought befor.1 g -, :?-: *K'rl -, ?ce p ,,,. : Corporal n . ' Grano ? '<??i! r.ii Torminal, 7 i'ork Cit) PROPOSALS 4 GULF and SHIP ?SLAND RAILHC*? C0H?*NT Pir?t Mortara?;? Refunding and Terminal Five IVr tent. ?J,??l?l Hond?. As provided i rS<. of * \ f the M rtgage securing the Issu? ot ?1 ? u rtbed, the a? Truntp?', ?a?ii receive sealed proposa? up t., 2 P. M. on Januar) 8, '?'?'-* '? ' ' sale to n of such bonds for account of inik ? g Fund, at a pries nol ej?! ';>-" ' . ; r 1 em *:,?! accrued Interest to amount of i1? :,?io?r ?>.. ? uditloned upon the payment ti? the undersign l of tha amount on or before January ?nd, 1920. a.i I'ro v!?l?>d in ?!?.?> said Mortgage. . THE NEW YORK TRL'HT QOMPANT.J formerly New York Security * Tvm Company, Trustee. I By B. O. C?RT8, Secretary. December 14th. 1?1?. ' ?