?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?. '
?