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3 COITON IS STEADY THE SUN, SUNDAY, DECEMBER 29, 1912. .11 lirlt Decline Checked by Sup port From Large Spot Interests. until I w iVn the ,p..?r ,,unln','r''Bbotlcpntlowflrlhnn.iycarniro. nni.i. i. . " . onrces nun uirj ..TV ' . "orK' " ma' ,lvr rnlil erablo result inarketvvlse, a spinners may in-come alarmed and cease liui-lns, tir thy may withdraw from the market because or tho possibilities 0r lower prices for riw cotton and wait until there ha been uvu u nci inn oetore buying im-uln. How sllOKTS KKAMZE PROFITS Itctclopinents Mostly Kullisli, Willi Prospect That Higher Prices Mny Follow. T " i ' "Mtrrrt In yesterday' short is-. . f tin- cotton market wns the ex- t Mi nu.illt of the buying nfter prices q -p-i. it. el tli" low point of the day , There was a ilood of huyliiB older , i loutinued until prices were back the opi Mux let el or several points . .. .is m the on no of Mnrrh and Slay On the recovery the mnike't ml dull. closlim 2 polnta off to 3 it il from tlm previous d.iy. The . ' it also Included some coteilnrc for irts. ho took their prollta Ht ne.ir the , ,r il .it the end of tlm day ieiitlment ., timl the rlllR was mostly moderately ni.m-h. with piedlctlont current th.it ufter t, holtd.iv tieM tveel: there will be n inf ii'Haio" in value. Hpot Interests m e anion: the pui chasers. tlot of the day' developments were buillth. Including ii more thotoiurh unaly it . ' the weekly xtatlntlcs published i- 'n the l-'rldny tension, showln? that m .' nncrt' tnkltiits till scmon have ve-v r.e.uly caught up to last year for '11- jme time. umountliiK to 5,2 IMih) ba e o far this car, ns compared with 5,311;, iiua laiit tar. The week Jutt clus nn had Included two holidays in com iMieil with one last yenr, but yet takings wete li)."iut bales heavier. Last year the V nne-t takings to the end of the season 1 .'ailed above l.".,nOii,000 bales, while h- e are indications that there cannot i. .is lieavv .1 crop this year, even If the (lev eminent made 11 bad undei estimate, t ie mol bearish (Inures are not In x . of 1 4.ii,00n bales for the comtner la. crop This Indicates that there will no- be enouch cotton to Co around. With December exports partly esti mated, the total 111 1912 win 10.5S2.23: biles, null u total value of $(117,1:3,8.11, tn.l ii n ax erase value n pound of 11.2 riit, at compared with 12.9 cents for lU. Prices In the early months of the cu rent year were veiy low, which pulled th" average down considerably, while In t,i" early part of 1911 they were high. ttixtiEli declining nil through the fall m th There were six mouths out of th" twelve when more than l.nOO.OOO tu r.s exported. The following table hn the monthly exports, total value, ail avoiase pilco a pound, with corn pa ion; 1512 riale Vfllu. .if. irv i.i:.it; : i.cp4.r.i Firu.r t 343,13; s,.ii,60i i a . 1 10.1 M fi.r.z ;i tpiil, iot.njs at, 3:1, 14s Mav ... ! !. :i 31;..1.-.0 'U' t. ... KHI! 9.4T4 :14 ,iu .. . ttt.tii- 7.h:t.5 tuausr... i.n i:.;r.i.:jr. oetonr i,rii,u'.'s s.,s.s,s;i Av Prlre 1SI3 1311 9. 14 in.: 14 : 10 14.1 10 I 14 t 1., 1 14 11.: 11 : it 14.1 11 Vovmtr 1,T34.4St 1(19.04.0(I rmtt rl.j;s.000 S5.!'S;noo tl .1 11 1 IS. I IS 5 11. S 1S.J Tnt&i .io,tt:.:ss ii-,i:j.t:i EttlmatfH TMir'ne the last year there has been a tremendous chantfe In the cotton market, t year nro prices were from 3 to 4 cents a pound lower, and nearly every one was bearish and predicting even lower prices. The South was discouraged, and while 'h crop waj by far the largest In the Mtnry of the country there was very 'ittl profit for the grower at the pre tAllliiK prices. While the spinners event ually took a tremendous amount of cot ton, at this time a year aco their buyinc t m smaller In proportion to the Indicated rop than In most previous years, liven thoueh the Government fltrures had pr rrert the country for a hue crop the l)paHment of Aurlcultur far underes i"natd It lest year, and every late gln nUie report early In 1912 was larger than tpetd, with the result that the total shown lit the end of the season, eloKe to 1c00.000 bales, wus a surprise even to 'h' most bearish. However, as the season progressed there was a irreHt Improvement In do "tand and prices advanced, continuing 'h'r upward swing: through tho fall until iek or so ago, when 13 cents was eii h"! for the March and May options. Hi t pKint there was 11 reaction due profit taking and uncertainty as to the uraey of the liovernment (IgureH thin 'ar and the probable spinners' takings, rr prices have worked $1 to $2 k bale iler P'rength In spot cotton has been one f tlie main features of the recent months, tt present spot Is commanding around M cents In nearly all of the Southern markets, which Is above the prevailing oarlty of 13.10 to 13.20 cents which haa ten the price In New York for a week r two. A year ago middlings sold for About 9.40 In New Tork. The, strength if spot In the South and the belief that many of the holders of cotton there ex pen to get from 14 to 1 cents for their otton before the end of the season has 'leen .1 source of woiry to the bearish elrtneiit Thev have been looking for a great rVInc off In spinners' takings because of "i 1 mien Hslonal tariff plane, and they tio expert that the tlt.at ginning total w Ml be tn excess of the Government's final top report of 13,820,000 bates, exclusive if Unters. which Indicates a commercial rop of around 14,250,000 bales. For proofs uf the probability of a larger crop 'han the bureau estimate Ihey have been pointing for weeks to the heavy move mem of cotton, to the fact that risible supply has continued heavier than last year, when the crop was a record breaker, to the large Increases weekly In visible, which continued until the past week, and to the other factors that Indicated a very heavy crop this year. The explanation that those In favor of richer prices have given to these devel opment has been that the present crop wns picked, ginned and marketed faster than In any pievlous year, and that the future ginning reports will full off to practically nothing, while movements Into "Isht will take a perpendtcular drop. Hulls also hope that tho spinners will take " much cotton us 14.D00.Q00' to lR.OOO,- '00 bales, xhlch according to present com itatlons will be In excess of the supply -V at least 600,000 bales. The ginning poit for the period from December 13 1 will s-ttle eeyeral points that the 'it er still uncertain about, Including e inieatinn as to whether lh lust report ' ' ",C1Q hales was materially lower tl previous one, because cotton "as almost all ginned, or whether It wns it 1 ,ue weather conditions were un. ' utile for heay ginning. r..,u WHS vel. little activity In the KKei over the past week becnuse of the ni Wednesday and Thursday, the - mek having been given over mostly eoliiR up transactions, nnd the past dit have been dull ones because ' of Interest In the marltet, due to ' " 'ict that many are atlll away, and 'ier hriK been little outside Interest. ormitlerMhit, profit taking by tired bulls rid he.ij short sales hava been factors '" "Liking easier prices. The undertone) ' been good, even through periods of "Pil'lHtinn, and most of the developments 'tnve Ijuhihi,, m J, , everywhere "'imMrii that the present uncertainties, rl (he holiday season aro against any "Tonr upward movement In prices. There "' been a littlii attention given to po "I'll units, but It has not been fo """l b' market results, and has been "'' ) inriiiiini i discussion of tariff pos 'i ill's legalising cotton goods. 11 Is expected, however, that there tvlll ve ?,0"' ,1hl""' to dovolopmenls at "nitn in the new year than there y i- The tariff question will loom ssJtm Us ssjt sso M thtU tlsM Sj4 During Past year deliveries have been well maintained, I'rom July 1 to November .in last the I'nltod .States figures show prac- ' tlcally no chiitnto from those of tho corre snondlnit period of lull. In i:uroM, how ever, there was n falling orT of ubout half 1 a million bags from tho same time last Tiikln tho tuo rountrles together ever, as the cotton goods market has eon-1 'oa''- ''"kl tlnued fairly nctlve even thruugh tho "l" "(Hires show nn actual loss of 42V.M7 v-niisimas season nnil prices have been vy firm, those cotnmltted to the long side In cotton have not been worrvlng ns .mi. ,ioy say that the retail trade It not well stocked up In rtry goods nnd that the spinners will soon have heavv snles bags In the' five months of this year over last year Within recent years n reniarknhle change hat taken plnco In reiranl to location of supplies, Now the Interior trade buys It. I. - II ,1 1. . ., u 1 1. 11. . .: i'M 'niiiii einaiier iiuaiiiiiiet inau neieio- nhllh,wl1' "K'fltably result In large , re. but apparently buys little less, as is purchases of cotton, ns few of the mills 'show,, ... r,.w .tailtil,.-. Thl, rhanrfo re wen stocKed op lu tnw material. Not only that, but few of the Jobbers nnd retailers of cotton goods have large sup plies on hand, nnd good consumption by the public of print cloths, and other cot ton products will be followed almost Im mediately be heavy buying of cotton by the splnneis. Hpot cotton wns steady; mlilillliu; up lands, 13.10, middling Oulf, 1:1.35, un changed ; no sales. Southern markets tven- unchanged. The New York market for futures closed steady. Prices for futures here: Open- Iireember . Jnnunry... . March Mny . Julv . tiurust October.. , Mild, l-'utures Inf. IS M .13 111 .... ISM . .12 .VS IS 17 .... IS. SO .11. AS at New HIllh eM. IS VI IS AS IS Ml IS. SI IS M tS 3D II. 7S Low- elm- Prev el. Inf. Cloe, IS M IS .'I IS 49 IS 47 IS III is :a it .t is is.no IS M is ,tn I3..M is .ri 11 7.1 is no IS.AI 13 .VI IS M IS .VI is as II 7.1 Orleans ,in Cln- I'rev. Itnr I'luM IS ill IS 7? IS 7S IS 73 IS M IS ?') IS kt IS S is :i is st Open- Hlh our. etl. it-, ttecrtnbfr . IS 7.1 IS 77 IS 7t tanusry is M is 78 u n Hsrrh. IS 73 IS II IS f.s Mav... I3.7S IS SA IS 7.1 July... 13,8.1 13. 1M I .M The Liverpool market wus easier with demand light, closing to 7'a points off, Spot cotton was easy at 7.1 Id., 7 points decline i sales, 5,000 bales; lecelpts, 54,000, of which 50,500 weie .tnietlcan. Liverpool futures: Open- llljli- Low- riot- I'rev . Inr. est. est. Inc. flute. Jan.-Feb. n "oi, A.Ni'j ft tsij 7 han Msrrh-Aprll . ill i;t 111 ta b m May-June. A 73 A 7& A.7J 6 731) A M Interior receipts, shipments and slock follow : ljit Venr u.:ia 1, 97 j 4.U7 7B-. t.liV'i t.S4 rtecetpl. Houston, tl.oit Uemplils. 2.4iw Auxutts. 1 e:5 Sl.Loult, Little Hock. MO Totllt. ...35.833 H.710 Sl.i-H I'ort receipts snd stocks tjisl Hecelpls. Yuir is.:j.' tB.AOt . 11JSA S3JS3 S.78I 8.1III S17 I.OTJ 4.317 5.4S3 5.4H4 SOI S.llt Khlp- menis Stock. 10.430 lAt.r.'i tialirlon Nr Orleans Saifinnah . Charleston. . Norfolk tvilmlnfton... Uoblle Totals. IS4.t7 20.RM 47.113 net.ssi we-e : Stockt, titi Year, I s.1 ,71.1 S0I.A.S7 ss.ojs S7 633 44.A01 545.791 1AI.731 5S.A47 37.3s7 A4.A73 Rstlmated receipts l.in Monday. tteek. (lalvetion . 13.5ml 10 14. .vm ss.rr.'a New Orleans 5,ono to A,.vl Hill Vlslblo supply statlsttcs fo!low: Lett t ear 4S,tS Sir..ii Sill, OAs 41,503 51,701 17.IIU HI. Oil l.:iU.'W.t ljlil t ear 1 1 :is 4 317 All kind American Spinner' taLlnrs TuUI plnnen' uklnn. Into tight ihlt week I Jul i ear This week. nil. A.ll)l.4t 6,S.'.'.SA i.lWs.llJ 4.74D.SS1 151, ISO 3I1.AS1 .. . 5.5A7.AU 5,s7.lll 435.31.1 5U3.77A Total .407.IS Total 1911 9.77,lt Huyers Included : Olffoid, Mohr, Craig brokera, Liverpool, HuhliHid. tlentz. Nor den, I,chman Ilros., McKadden Sellers: Rchlll. Dick Bro.. Moi:nan. Lester, Shearson, Wilson. Ilothrchlld COTTON NOTED. New Orleans wired Nornian Mayer S. Co.; "Uond spot demand will rex he on any fui titer decline and act as a bulwark to market." Greensboro, N. C, wired Dili; Ilros "Mills have sold goods at the liluh.'M pi Ices of the season." MISCELLANEOUS MARKETS. Coffee of Weaken Ovrlns; tn I'Alltirr Several Oolslde lloaslers. shown by wareliou.te statltlles, This chatigo It nttrlhuteil largely to tho high prices prevailing the last two or threp years. 'Hie latter caused tlm holdings to bo kept at the seaboard points either here or In Uracil, whern stocks can be financed with greater cate, On this nceoutlt the financial burden of carrying the crop rosorves be tween seasons has tended to shift Hselt back toward sources of supply The event of the lotnlntr your will be the sales, of vulorl.atlou coffees, which usuully occur about April 1. According to tho re liilreuients of the cal agreement of IIHIS, Hie 1 11 1 nil tin 111 to be sold in 11112-1013 will be 7o0,ooo hugs. It Is possible that lu addi tion to Ihlt amount there may be, some anticipiile, approximately 400,000 bags mom otTereil for sale. II 'It mil thought that Hie tiiiverniiienl's suit will affect to any great extent tlin coming year's valor ization sales, The provision market wns dull, with little business doing. Hogs are Inc. lower in the Went anil receipts ure also beginning to Increase, Laid was lower, with light deal ings. Prime Western wns quoted ut $10.15, retlned Continent, lo.45, Mouth Ameri can, $11.70, 'I he rush niHrket was sternly to firm, with onorinirs small and trade Millet, lleef Packet. $:S'j$23, family, $243. $SS. Pork Mett $i:iii,'j 50, family $22'if 122.50. Prices follow: Open- .49 AS NEW YEAR COMES ON Jhirdoning In Gall Bntcs Re garded as Natural Development. HANKS CALL IX FUNDS Preparations for Payments of Dividends and Interest Next Month. I'ork: J411 . Ma) . Ijird Jau . Msv Itlbs Jail liny Sen Ml ill IT. 17 ,V. 17 Wi-7 U.A7-70 V 73-5 III .-lies I 17 .V, 17 7 (I 70 U 75 Low- esl. 17 37 17 S3 S A3 70 Clou- inc 17 411 17 S5 0 AS V 70 f'rrv. lioi. 17 A3 1S.CU 0.75-7 95 P :o ti "VJ 0 AO B 70 1) SS-3 B 55 B V) m-2 U AS 11 A) The ruw sugar market was unlet and unchanged, with centrifugal quoted at 3.03. The retlned market was also dull und without change. According to n booklet Istiied by the Secretary of Agriculture, the annual Ameri can sugar consumption averaget ss pounds per capita, although of this only 10 pounds It grown in the I nllcil Stales. He esti mates Ihut if 1,000,000 acres more were planted witli sugar beets this country would produce the 2,000,000 Ions of beet sugar now Imported early. 'I he American sugar production for mis it estimated at 7:1.(100.000 pounds of lieel, III, '., (no poiindt of cane land molasses) and i.'i.noo.tsM pounds of maple sugar. NtvtL Siom.s.- The turpentine market ruled quiet and unchanged Itotln was slifhtly easier, although without ihange. Turpentine, 41o . roslu, 5.ikiuiI THE BOSTON MARKET. Huston, l'co. 2s. Tlm local market to-day wus the dullest two hour session of the mouth, Copper stocks closed gen eially easier. The only notable fcuture.t weie the weakneh of North Hutte toward the close, selling at 32', off 1 and the strength mid activity lu I'nited States Smelting Ml 43, up 'j. Industrial ami railroad Issui s ruled quiet. Ilostou and Maine advatited 2 points to !'7 and I'nlled I'rult decHind 'j. Tbeio wele no sales of Isiiids. Tho Minima ry ; l'ollowlng very unfavorable advices from foreign coffee centre, the local 10.11 k.-i vesierilay opened 15 to lr poin't lower Selhug stariisl in with a rush on the . all. and offerings combined in good olnme during the first hour The poorness ol the foreign news was attributed to rumors of financial troubles In Santos. The Pnineial situation in Bra .II generally is also -.01111-what of a factor. Money is so high that it costs considerable more to carrv colee (hero than it does here, and the news of .1 small failuri! in the trade In Santos caused some apprehension, loiter In the noiru Ing. however, trade buying came into evidence, giving the market o somewhat steadier turn The market was weakened at the oloe by news of the failure of a (erniau coffee bouse in Dayton, Ohio, and alto another house In Boston Tho P.lo market showed a decline of 75 rris and Santos too nils, owing to weak and unsettled conditions incident to the failure of the concern In the latter city. Kuropeau markets also were Influenced by (his news , Havre closing Hi tt. lower and Hamburg off pfg. Receipts of coffee at Illo were 10,000 bags end at Santos 34,000, a total of 44,000 bags, oompared with 17,000 a year ago, Hao Paulo took 24,000 and Jundiahy 21,000. New York deliveries on Friday aggre gated 1,302 bag, ngaintt o.Mi the preceding day and 12,670 last year. Prices fol ow- Sales. Highest, Iiwrtt. rioting Dec 3.000 13.30 13 10 13 1411 10 Jan 13 int.13 is Feb 750 13.33 13.33 13 151130 )Jr 1,500 13,45 13.40 )9 40tl3l Apr 13 5.1 ; 13 51 Uy 40.TSO IS 71 13 67 13 AAt13A7 June .. .. M 73I3 73 July 7.530 13. K3 13.80 I3 7SJ13MI Allg . . M Sin 13 M Sept 39.350 19. tl 13.93 13 91. 13 91 Oct. ., IS 9313 tit NOV.. IIU . . . 13.911.1 91 Although the orop year In the coffee trade begins on July 1 the end of the calen day year furnishes a halfway point from which the first half of the season's business may be summarized In the light of facts, while the second half can be anticipated on tho basis of probabilities Although less than all months of the new coffee year hsve passed the Indications of supply, which la one of the chief governing factors in the trade, are far enough along to esti mate the probable yield. The average pro portion of the Brazilian crops marketed for the preoedlng Ave years up to December 20 was 71. per cent. If this ratio in ap plied to the 7,815,000 bags of Ilrazll coffee already marketed this season the total yield of that orop should be In the nelggborhood of 11,000,000 bags. To other than Ilrazlls a fair allowanoe would be 4,500,000 hags, or at the most about S.ooo.ooo bags. Figuring with the former the world's production won) be 15,500,000, while at the latter rate It would be approximately 16, 000, (ski bugs. In the 1911-12 year the consumption totalled 17,216,000 bags, which would make a short age at the highest figures of !,21,(X0 bags and at the lowest l,7is,ooo bags, The following statistics of production and consumption for the last five crop years, with IDI2-13 estimated, should prove Interesting Shortage rrodurtlon Consumption or fhir. (bagsi (bags'. (bagsi, 1907-06. I4.SJI.IK) 17,533,116 3,AU,4IR 1906-4K) 1(1,911,1110 IH.A49.A03 - l,73l,A03 1(109-10 19,133,000 U.OUH.474 l.024,.13l) 1910- II.. . . 14, .134, 1100 17.31I.77S 2,790.773 1911- 11.. . . 17.009.OUI 17,316.003 130.U1IK 1012-13, ..I8.750.0on 17,500.000 l,7.VI,uon Average 16,434,500 17,717,736 l,20l,32S These figures of supply, actual nnd pros pective, are tho basis of the market situ- j utlon, In whirl) the annual yiem is approxi mately 2,500,000 bags short of the world's reqnlrementi as regards consumption, Such has been the rase in two crop years out of three ond Is the principal factor In maintaining prices. There has been Sales. Son t.hctiltire Ml Ulnar 41.1 Amnliraiiistrsl. U.'t lllllle ft Sup lU-i I al A. Vrl'ntin I l '.it A IlKia. ;-3i I'hlno 75 I tipper llance S31 rt Unite :) Franklin 1.11 (itriitu i mis 7vh (irrtiiOy .is.1 Crcrrir rnnanea .1 HclleUA id Indian S-io l!e ii sle K'ewt rria St I IJlki' .10 Ves I tins 30-1 Maitlewir I AO Moliawk So Nv aila i on ;mi Niplolnz Sl'rfl North llntlr !?' (H. I I'oluliv Mill M lilt Dominion I V. I'nnd Creek :i yuinej in nn run p.i .Shannon S.i Superlur un Superior A Bus to Tnm, tract, .nil 'I iinltimnc ISSo I' S Smelting 30 r S smell pf i.l 1 tali I'ons lui l tali Copper Open In g '' II 7a .HI 41', 51 14", M, I 7o IllSll- I 5' i 41 7A 43', 70., .MI IPs 51', II", Low est. V, II V3 5 in 43', M II', f'4 (s r.si, i: ia s r. if. si, 7A .71 7 II, 33', I'l SI', SI .1 .". IV, II', 3."; 71 15', .11 's f. I.M, ("i 33', SV, si i.i' i ' i i i.i'. !" W. -', :.i sn, 77 SI IT, lis', Ii'. SSH s .".I St 77 21 13', I i Clos inir 51, 41 7.M, (S'j 7"', ,VM! 1.1 , 51', f;v ,7' 'A 31 .1 II', 51 SA 1.1'. 3H'i As was expected, the Wall Street money market lust week stiffened notably ns n result of the preparations for the end of the year disbursements. New high rates were reached on each successive bnslnes day until Friday, when loans renewed nt 12 per cent., the highest figure established during the present year. On Friday the action of the market was considered par ticularly Interesting. After renewals had been made at 12 per cent, the rate fell sharply nnd closed nt 1 4 per cent., a low record for the year. The hardening of the call money rate was regarded ns a perfectly natural de velopment everywhere with the year end payments only ii few days off. It reflected the calling In of funds hy the banks nnd other lending institutions to provide for the regular disbursements of Interest and dividend money on the first of the year. These are always heavy, and In conse quence more or lest monetary strain Is usually seen In the closing week of Decern ' ber. At the cloi-e of 1907, for Instance, money went to 23 per cent. In December, Imai. fh 1,11, ml. wns UK Tier cent. and the same month In 190S saw- call money as high as 125 per cent. Since 1008 no higher rate than per cent, has been reached, hut these have been years of ease In the money mar ket on account of small general business and speculative requirements. In some quarters last week It was thought that even higher rates would have been reached, and the easing of the market on Friday wns nscrlbed to n re turn of funds to the banks previously withdrawn to finance the Christmas trade. Kvldence of a general expectation of high money In the Inst few days of the year was afforded by the action of Interior institutions In strengthening their re serves nt this centre. It was reported thnt some of these out of town banks had Instructed their correspondents here not to put out their money nt less than 15 per cent. So far these particular an ticipations have been disappointed, but theie still remain two business days upon which they may be fulfilled. A good deal of Interest centres upon what this money harket will show In the early part of January. The year end money squeeze Is uiually brief. Disburse ments return rapidly to circulation and the situation Is generally further relieved bv a return of currency to this centre from the agricultural sections. More- river. It Is considered not Improbable In many quarters that some curtailment ot the mercantile demand for funds may be witnessed In the ncx few months ns the result of a flowing down of business n account of tariff considerations. Should this occur It will ulso tend toward greater monetary ease. On the other hand pros oeetlve lare financing abroad as soon as pence has been definitely concluded In Kurope Is expected to be a factor of no small Influence. The fnrelm exchange market developed distinct weakness upon the rise In call monev. Early In the week tne marKei f,.r sicht sterling wss supported by the demand for remittances to arrive In Ion- don before the end of tl-e year, dui wnn the departure of th last steamer for Kurope hy which sucn operations nium be rffected demand bills fell sharply Cables, of course, remained In request artly on account of tne ionuon settle ment THE BANK STATEMENT. I .1 IA I .1 10 I 3 16 I 3-IA 3'j 43, :.i ii .-.( 3.1 3 41 .'"I II 511 i Ktll.ltOAH STOCKS. SO Alchlson pf 3 los A Albany. So llostnn Kt. 73 llot A tlnlne 5 llot Sub Kl pf. 5o Hot A U'or, . 57 (it Nor pf rt J43 New Haven.. io un ruenc. HO, Sl.i Ii:. 117 70 las', 311 lit 07 7U 4 -' in 13 l,' Ml 10 Am Agr Chern.... tn Am Pneu.. 15 Am I'neu 3d pf... Ill Am Sugar... . .177 Am T 4 T, A5 till Wool pf . SAO Kat llot I,1.. in K.Csnn i:i in Kill llrcts f p .'.- firneral I'.lec. Ill Mass lire Sl'l Man Ii pf sip.. I Mats (las. . .11 Mass Cat pf in N i: Cot Vr pf .w Nor Tei 5 Pullman la lucre Buttonhole s Sulfi A Co.. . 91 United I'rult 17 United Shoe... 635 IJ S Sleel... 7 u s steel pr. I t5A'i MISCEI.I.ANKOL'S 541 51' 4 4 4 S3 ins mi so', tl'i 3.i 377 111 1 7AU HI', 111 115 1A5 tail 1634 49 10$. 1174 nm Nil, sr 277 IM' It 77 WW lilt, Bl 115 P-'. 1311 Kit), la.1'4 411 87 3.1 :t"i IS'-, ii 3M, ins', Sl.i IM'i 117 70 3! 15ti 54'j 1 ii'7'.a III1! SO I4' 25 377 11 It 7AI- III', lll III 115 IA5 13, II1 , 13'- 411 lurt. CUI'.B STOCKS, CLOSINC. piticnu. 41 .VI It 381, trot, 31.1 lll'i III 70 7 23 16 ISA 151). 54'j t 1174 i ir so 14', -s- 277 lHI'j is "A' 91, O-t' I'l 111 lb'. 105' J 13 49 A7 Alaska not 4 1SS Hay Htats Oas 34 Bohemia 2 si Hoaton Ely 1 1-16 Hutte Central Calaveras 2 i Chief Cont 1 11-14 Cons. Arli. 45 Davla Daly n 14 Pint Natl It (inliineld Coos. S I.a Unas Cons. Si MiJ.iitIc 53 Mesli-sn Metals 2 6-l Nevada Douglas 2 44 New- Ualtlo l'i Ohio lVi Onero 1 ll.lt Kaven 27 Uliorla lalsntf Coal 5 South Iika H t'n. Vtrdt Gxtenalon 16 Aaked. 13 .26 1st ! 1 13-16 .66 1 16-16 1. H 3t ,34 2 11-16 :i4 I V 14 1 15-16 .21 .16 7 .17 THE CHICAGO MARKET. Clltotoo, Dec. 28. Business was light on the local exchange to-day. with the tendency downward, Hears-Hoebuck, Car bide and Amerlcun Can allowing the greatest loss, The hurnniary : Open- llliih- Uiw Clos- uut. eti, ett. n. 3n', 1151, 61 III 51 S7 224. 205 II 1ll7j IIIV, ISO 111H A3 51 111 51 S7 33?, 2113 ifc 130 1141 A3 I07M 1341 211 106', A7 197 99t loot, 55 less variation than usual In lrlM? the past year on account of the well known bnntl quoUlt,un to tlie clo,e of the market. The conditions of supply and demand. Uetween cloalng quotstloiia. Including the "bid and saked" high and low points prices fluctuated sp-l prices, with additional news matter, are contained proumauir 1 or iy cents, wnue at wis aiaownenitntabanBaiedltlgatuf tuktbwuhi pngse an aa srsrase su,--s Sale. 250 Am Can. 255 Am Can pt. 35 Am snip . .. 50 Am Tel A Tel in Ctil I'neu Timl .. 10 Chi llys series 1. Silt chl llys series 3, 23 Chi Title T . 23 Corn Prist lief 35 Diamond Match u Inter Harvester 25 Nat ('a 1 lion .... 50 Peoples (las , 250 Carl no (iaa ... . 25 Ouakrr Oats pf in Aaillator pf . 230 Srars-Moe . . , . 97 Swill & Co . Son tl H Sleel 50 Union Carbide 311' II.V, 51 111 53 87 ,2S4 '.'05 II 1071$ llll', 130 1I44( AS 1071 ISO, vttl? 071-j I07'4 31)2 1342 HKi 3131? 1031, 11154 A71, ITono Chl lly 5t 51110 till Tel 5t 60110 Public Ser 5s, A7)i 197 UO.N'DS. W'i H3H SS'ii 1114 5.1 111 51 H7 334 205 14 1074 1114 130 U4I l 211 1054 67 197 l4 I(.l7, 05, 09' HO), 051, The weekly statement of the Clearing House Institutions shows the following changes; ACTUAL CONDITION. I'hans es from 1612. Ir l"U Week. 1.5:.373,604 Ine ll3.S9.00i 303,442,000 ine t M.noo 3.60.000 Inc S.t'S.Ol'O 1,61s, 731.000 Ine 37.7H.l0O 46.6H.000 Dec. Loan Spei le Legal temlere Net ilepn-lls rin iilutl'iii Hanks' oath In vhuIir Trimi m1 cash In uulta Aexr. rnh ret Trust ens.' res, with members Surplus res. 333.000 125,626.066 Inc 4.514.000 50, 0t, 000 Inc 315.112,006 Inc. 44. MO. 000 Inc. 6.396.C0O Dec. AVKItAOR CONDITION. Ixians 11,647,319,000 Inc. Sped 300.1611.060 Inc. 1,-ial tenders.. 10.249,000 Dec Net depot!!!... l,IQI.,tD,vull mo, Circulation Hunks cash In aults Trtiet cos.' cash In vaults .... Axir. cash res. Trmt cos.' res. w Ith members Surplus rea 46,674.066 Dec. 116,161,666 Inc. 66,663.666 Ine. 110,667,606 Inc. 319.000 4.173,000 3.233,000 1,141,300 f t.257.000 1, 100.000 329.000 21,316,000 ISO, 000 104,000 1,167.000 1,471.000 44.666,000 Dee. 330,006 4,737.'J56 Dec. 2,611.700 Tho appended table gives the percentage of cash reserves to deposits of the more prominent banks and truit companies: Jiet prev. Week. Week Bank of Naw Tork 35.9 37.0 Dank of Manhattan 26.3 Si.t Mrrliunli-s National 33.3 35.6 National City 35.4 25.4 Chemical National 35.3 Sil.7 American Unhang National.. 26.3 3,1 National Hank of Commarce... 35. 5 25.7 Hanover National 33.7 34 1 alliens Central Nat 23.1 75. 7 Corn F.ichania 35.3 3S.2 National Park 23.7 35.4 Fourth National 36.3 S7 3 Ftrat National 34.6 35.0 Chaae National 34.3 35.3 Banker' Truat 34.6 36.4 11. a Mortgaga and Truat 36.9 2C.5 Guaranty Truat 34.6 26.2 Columbla-Knlckertiockar Trust. 26.3 S6.t New York Truat 26.6 36,7 Important changes In the cash holdings of the banks and trust companies are as follows : Cash. Loans. Hankof New-York.., Dec. 6316.000 Dec lo.i.oio Hank n( Manhattan..., Inc I.VJ.uo Inc, 2,050.ii Mechanic' National Deo 1..VS3.0OO Inc. m.om .'uuiiai ii, . ,. inc. Chemical National Dec. American Picluinie National. Inc. National bank ot Com merce, . .Inc. Hanover National... Deo Clilrens' Central N- lliinal . ,lcr. Corn Kxrhange... Dec. National Park Ine, 1'iiurlli Niulnnal.,.. Dee I 'I ret National.,, Ino, hate Isatlonai... .lire llanUera'Truat.,.. Ino, Uliliru States Mort- uairrnnili'ru!.,, .Inc. OuurantyTruat... Inc. Columtila - KnlcUer- boekerTruat. . Dec. New York Trust.. , Dee. Tho Mtnte Hanking Department reports the oondltlon of the State banks and trust companies not members of the Clearing House: Loans and Invest- veatmenta I5C4.6I6.606 Dec. 11,603,906 flpeelo 66,113,400 Inc. 136,600 Legale I.09H.100 Dec. 34.200 Total dtpoalti.... 469,101,400 Ore. 1,141,300 ueposua, siiminai amounts dua from rtaerr dt poaltorlea and from other banks and truat coin- ? antes In New ork city 667,143,00(1 Dsr, 1,633,300 IU. on daposlta. 64,165.000 Inc, 446,100 Percentage of reatrve, 16.6 per ctnt. THE GRAIN MARKETS. :.no7,u inc, 3,254,uo 931.UU inc. 340,0110 403.000 Inc. 2,437,000 2A0.O30 Inc. 1,U.19.() 374,01X1 Dec. I2,(H0 120.000 Inc. 37J,ofO 13.t,0U) Dee 454.I44J 5A.ui Dec aiu.ixi 343.U.I Inc. 337,101 soa.onn Inc. i.43.Y(iii I.OII.IM) lire 2.771.IIKI 717.0UO lire 3,034.000 23.000 Inc. 617,000 Inc. 350,000 Dec. ll.oou wee 40i.mxi 701,0 II IAi.ro.1 un ii He- Wheat Closes firm as Cable ports of Ararenttite Halns, Trading In wheat yesterday was very dull, with little of note developing; save a private cable from Argentina reporting July,.. dais: l'treinber.3:' Mav S3,-.? July . 3.1 New York 49 W-H 4S4 4 Dirernber .tint .... 33 33' ;is,-?4 3:j,-i,' ai 3i i a prices were: Oien- High. Low. ing. est et. 32t asu-4 .121, 32tJ-J 33lk 33 Clos- Prev, lng . Close. lit' 1154, 974 97, 07', 9714 t7 Hecclpts and exports were: Wheat. Corn uneiptt New York.. 2SA.KXJ Kxporlt Principal , P'Tls lOA.ooo Ilitiipts Principal Interior points,, .1,403.0110 Stili'im-ntt-Interior.. VUI.iujo Northwestern and Chicago wheat re celpts In carload lots wcit-i 4S.UX1 6,000 1.3A.1,Of) II.IKSI Oals. 59.IXQ O.roo l,153.ui 774.0m Chicago... .. Miniieapolls. Iiiiliilti... tt Innlpeg ... Totalt tester iln . .12 . 47.1 2IC . .Il'.l l.nst tVnli. :iu 5ns M7 1.3711 Lost car. 337 617 . ..I, lll'i DRAIN NOTES. rinley Harrell & Co. received Hie fol lowing cables from their Buenos Ayres oorrespoiidi-nt : "General opinion conllrms estimated surplus us per our telegram of lOlh (which gave wheat us 130,000,000 bushels und onts 02,000,000), New wheat quality Is good. First shipment will bo made this week to ttlo de Jnnlero." Flour wns steady, but extremely dull -, k'HiiM.it straights, $4.15; spring patents, $4.50: epilng clears, (4-20; rye flour, f3.C0. THE CURB MARKET. Husliiess on the curb ns elsewhere was greatly curtailed by the holiday spirit which prevailed throughout tho week. Trading was Mrlctly limited In most quartet. t, with Insignificant prlcn chungon resulting, t-lonie excitement wus caused in tho mnrl-et for the former Htundard Oil subsldlaiies by sensational ndvnnceH In Standard Oil of New York, Standard oil of New Jersey mid n few others of tho name group. As usual the larger pro portion of the dealings wns furnished by the industrial stocks, but greater promi nence was given to this mining depart ment by the detelopmcnt of strength and activity In the Cobalt shares. Thero was a gisid demand for Nlplsslng. causing un -.dvaiice In the price to ,. La Rose nnd Kerr Lake Improved In sympathy. Deal ings in United Cigar Stores stock were small during tho greater part of the tvielt and the prlco fluctuated uncer tainly between 1 0S mid 1116. Yesterday, howeter, there wns mi abrupt rise from 110 to 1 1 3 ' -j on active ilf-allngs. Tobacco Products moved up to 9Q,i and then re acted to H7. where it closed, llrltlsh .tnierlrun wns steady at 24. Of the coppers Hrailen ts most conspicuous with nn curly ndvunre to 10",. Houston oil wus eompuratlvely active, moving up to 21 ', und then roucting sharply to 17 a A featuro of tho week was the Initial transactions In tho new Lackawanna "rlRhts." ICO of which sold at 127. In the Isind department there wns on Improving tendency, nnd tho Western Pacific 5s rose tu 84 4. Transactions In detail In the market e.storday were us follows: Open- High Sales. Ing. Tin Alatk.i Cold Mln.. 12.4 lin Am Clg 130 4(i Allied Securities.. 34 K.i Hraiten Copper.... 10'( p. li Ills Four 5t 13(ii llrlt-.lm Tob 24 5ri Hutte N Y l?4j lmi Cheslerncld Cop.. 9 lioi C O I) Cont 7 Ki Cluett Peab pf.. ..1024 po) Din Ulsck Butte... 64 ,V Kl Pao Con A4 Mo Ply Cons 10 Son Cilroui Mining.... 4 .nm tioldnrld Mln .... 7 Si'U Houston Oil 16 4ioi Jumbo i:l .13 4ml Kerr Like... 701 I.i Hose. . .. lot Man Shirt pf, 111 Mi-KllSv.tlln... ,l.vi Mutual 31 4 L... . mm Man Transit 21 Nlplsslug Mine.. loi Nevada Hills sol N llulte Peo 3.vi Ohio Copper Sim OH Fields of Ilex, sim Pueblo s A It 3ki S O of N J 416 5) Soiiih Utah U aiS H Pm Slewart 31-1 Si Tob Prod Pf.. . . 97), 35ii Timopah Men .. . s5 4im Ton Mln of Nev 7.'m To'iop.ih Uxtcn Aim 1'iilarosa :m iliolumne Cop. ISkii r (is Sir Pi t' Clr Str pf... Mm WritlAufrr. . 2ai W Knit Land.. BONDS. 3ono V Y City 4Ua 1910. ni AV)M ttcst Pac 5s kl est. 12H 150 34 in'. 51 244 14 u A 1021,' 64 4 It 4 16 34 Low est. 12M ISO 34 10!, 5A SI I'i 0 102!, Vi 64 10 315 1A 315-16 7 7 14 174 .13 34 Clos ing. 134 150 34 lC!i 5.1 244 1?4 9 A 1034 5ia 64 U 1 heavy rains, on the strength of this thero wns short covering and the market firmed toward the closing ufter nn early j tendency to ease off. At the closing prices tiu unciiiirigcii io ,," lower loan rri day. Uuppuit wuh not nggreiislve nt any time but them was ulso u lack (if pres sure. Cash demutid was poor nnd receipts were heavy, though considerably smaller than for many dayo teoently. Tho Winni peg market tvns relatively strong with it fair export demand nt that outre. Corn nnd oals were very dull with trifling fluctuations. The coin movement whs heavy und is expected to show still greater Increase for seteial weeks. Tho traders gave considerable attention to reports that Janus Patten tvna bearish on all grains nnd especially on corn. He said that country elevators ure till tilled nnd movements to tt'iiulriul points nie le strlcted only by nldllty of railroads to furnish and move oars. While there was not any response to these views, there wns some uneasiness because of them among those who had been bullish. Another bearish development has been tho easier prices obtained nnd nsked by Northwestern onsli holders who were llrm In their demands fur stirrer prices until navigation cloud imt who have yhldid to tho snissuro of big crops nnd heavy country nffeilngs. Sales of wheat have been heavy lit about 'jo. n bushel under Chicago prices mid the market has been well filled up by such nelllng, Final figures of truffle, through r.iimls In this country mid Canada show that 32,1()7,C73 bushels of corn, oats mid other grains were tnken through t'nlted States canals this season ; 30,910,773 through Canadian, and (10,024, 44fi total; wheat, fit!, 254, 517 bushels, 1 1 I ,f:tl. mid 171, 086,450 total: Hour, i!,2(!3,721 barrels, 2,. 383,432. and total S, (152,1 53, The Dicem ber grnln truffle on tlie lakes, 2S,St!u,SSl, was unprecedented. The total renson's grain movements' were 243,110,1102 bushels. The yenr Just closing has been mi eventful ono In the grain markets, with two directly opposite mmkels picvnlllng ut the start nnd the finish. Knrlv In the year prices were high, with the supply of nearly till foodstuffs considerably below the averugo and with damage to the win. ter wheat crop continually before the mnrket ns a bullish factor. This con dition lasted until the ently forecasts of mis season's crops gave piomlo thnt it would be the greatest for nearly nil grains In the history of the country. Tlie early Oovernment cstlmntes of area planted mid condition for the fall crops were nil bearish, culmlnnting lu the most bearish one ever Issued, tlie Hnul one for 1012 Issued early In December. This showed that wheat, corn, oats mid other grains had about conic up to their early promlyn nnd that the crops would be tho largest In the hitory of the rutin try. While there was little that had r,nt been shown In the piellmlnaiy reports, and hence discounted lu the heavy de clines in wheat, corn nnd oats prlcet that have been taking place over tlie past two to three monthr., the weight of the crops still continues a liciirlth fnctor even ut the present low level of prices, and while values have been working upward a little over the past week or two. It has not lieen nn easy task even with nearly all of the larger traders con Ince.l that all bearish possibilities now known hnvu been discounted. The Balkan war and the possibility that Kuropenn Powers would be Involved In It have been n source of strength to the wheat markets during tlie last fill, mid doubtless but for II vnlues would hale been driven far lower than Ihey went While the hltuatlon has Improved nbroad there have boen other possibilities sub stituted which lend hoped to the bulls that iirlces will Improve, and hence the peace preparations have lieen without depressing effect on values, There was more activity In the whent markets last week than had been looked for. us It had been expected that, with Christmas Intervening and foreign mar kets closed the day after as well, nothing of Interest would develop. How ever, prices moved upward on several faxorable happenings. Including .1 fair demand by the milling Interests, some export Imiulrl, s. strong cash markets and rumors of damage to winter wheat The last was that dry weather prevailed In the Southwest With the remembrance of Ian year's damage Io the soft wheat crop, these r ports weie hoard with con slderuble concern. The general sentiment on wheiit sems to have hes'nme us bullish ns develop ments will permit Nearly eery rumor or event that can be consliuid ns favor able to prices has I n so used with cood results, while there has be. n lest response to bearish f.ictois. Hlthuugh the latter have been more numerous than the favor able ones. Tho perslstencii of the up tlmlstlo attitude nn the putt of the traders In goner.il has b.-en due mostly to the c.vttenin declines that bale taken place In wheat pnois over tin- past few mouths, and It Is eiincediil that union- cully over thing unfavorable now- known has been largely discounted. H is true that prices hate not risen inm-h dm ing the lust week, but lu the face of the slow demand, us i-nritraMi-d with Die large receipt)., heavy declines might bine been In m dor Theie Is a spirit of hopefulii.-sK p gird ing the fmelKii demand which has been strengthened by icports by Itioinnliall b the effect tlmt tho fnlted States lu Ids the balance of power as regards surplur wheat. The foreign demand Is expect, l to grow lutger as there was considera ble damage to wheat in Kurope last sum mer through weuther conditions, und the quantity of inlllable wheat there will be small, while Mocks in Hump? ure ten- llrvit. The demand from Kriincc, emllir estimated at 74.000.il0o bushel-, has al icudy started and that countiy uia Im port more wheat than eailier mitli Iputi d The question of how much wheat tlie millers will take s nf cousldeial'le con cern, especially lu view of the fact Hint the demand for Hour has been very light recently. lloweer, there seems to be good prospects that there. will still Ia large sales to flour Interests, as many of the mills ure booked several mouths ahead and will have to buy heavily if there nre any further large ordcis for their product hooked, while some of the mills have not enough wheat to llll pies ent orders. While they bought ruther sparingly during the last week, there were some good sales reported to tho lartrest mills tn Minneapolis the week previous, and It Is thought that tho same Interests did not fill their requirements and will be In the market ugnln very soon, Nothing further has developed regntd Ing the Canadian crop nnd there lias neither been confirmation nor authorita tive denial of tho rumor that the wheat from thut country will bo f,o,0uo,uo0 bushels less tlian previously estlmatnl Thern Is an unprecedented amount nf Canadian grnln In storage, however, and j irltet word that hla aon had been pardoned out movements have neen very heuvy In t ef t ie penitentiary, as per his petitions. elevators nnd vessels at HaMern points, mostly on the lakes, there aro 32,101, OO" bushels of Ciiiiudlnn giuln In stoiage, a figure never eten approached before. Ah to tho exportable surplus from tills country, much will depend on the ultimate proof of the accuracy of the (lovei iiim iil's crop reports. I he 1911 crop was lO.miO,-, 000 bushels more than tho (!o ormiK'nt's I flguics Indicated It would be. This years crop was 730,000,000 bushels, not counting any carryover from last year. Ac cording to llll estimate by Clement Ollltls. & Co., theie will be 553,0011,000 bushels tukin by consumers In this country, 75,-1 000,000 used for seeding nnd 122,000,000 1 bushels will be available for export Of , this surplus 75.000,000 was east of the j Hockles und 47,000,000 on tho IMclllc const, Kxports have been sO.nOO.OOA thus , fnr, leaving 42.000,000 yet Io lie cxpoitodl If laken, of which 30,000,000 bushels aro I THE PHELADELHIA MARKET. Philadelphia, Dec. 21, Continued wuakness in L'nl.ed States Steel over shadowed nil other fcatuies in tho local market throughout the day. Tho dulnejs which pervaded the list from tho opcnlu:; became more pronounced towanl llio close, largely affected by money condl- Tho summary: Open tin. n .Am ii... -ii I Am Ills irl... f p mi 350 Cnmlirln Siei-I. .. r, I Sim (Irn Asplmli ,.t Sim lien .Uphill pf. 7,1 llo Harwiiml Wee... sn .111 l.lilie Sim (-urn.. til J-I.1 i.rn ni 0.1 1.1-llVirpfil' tlllllS. Sales. Illirh I'M. -II ill.1 mi;,- 7.1 .in 3D Low esl. 41 ln.1 M 8 si. M Pcnntlvanla ui reiin.i ,-aii.. . 21 PlillaCo. . . "n Phlla Co pf.. 371 Phlla lice... 155 P ItTTC. . I Phils True f.so lleaillnr 3001 Turnip Mln.... lSf.,1 Toiiiip llcl... llll 1'n irar 213 t'(! I. S37I1 I'M. Sleel,... 10 York II) apt... Clot but. II ln.i :m' 31 1 721. .10 .10 .M7 IAM7 10 M 7 Id 33 7 II. 33, 31 3: 33 "l 001.1 in !( i 51 l, 414 2:1 , 274 A3 M' , A3 I IB 33 I I'l fl'v n't A , M4 nm, r.r.i, 37 1,1 K. 4 . Mil, 4 14 234 274 S3 SJl'f 107 fol,' -74 .11 111 All IA .81,1 III API 111 .Ml', Nf',' , I" I'. r.7',' .11 500 Am (I At: At... om int si .1,.,. . Hum l.eh ValConlSt. nmo N .1 Tree 5s... . imm Phiia it ; Sinrn I'lilla Con At .vm Phlla Klec.ls. lioi llenillmr g rn It Wi I n lly T C H, UO.N'DS. mi', A7'J 37 III 1(17 A3 A', WiH P1114 SA rn KiAif lo.i4 lui 1114 Pat, IK., 744 A no inc.' , HC14 Hi f pel's hi'.',' 74'a A r.o lllA'j lci'i loi iit'j PO's W)i 71 37 Hi Ml 1l'f 1(134 Kll lit 4 lltll. FINANCIAI, notes. 'I lie Slock r.xchnmrn cointiilttee un se curities lin ruled Hint Delaware, Lack awanna nnd Western sh ill w-ll et: rights on Inntinry 3 and 4, onept for oath, H Isalso ruled that Orcat N'ortlu-ni rights trans uctlons shall Is settled on .lanii.iry 11. Tlie Stock llichaiigi has received notice thnt llomestnko .Mining Conip.inv proposes to Incrensei Its stock fiom Iss.ooo.ouo to 325.1 111,0011. Certificate of deposit for the preferred nnd common stotk, assessment paid, of Chicago liiion Traction Company liavo been stricken from the Stock Lxchnngo list. Tho Looso-Wile lliseuit Compauy it to hnto n factory in llrooklvn. to lie ennfiiiHirl I at n cost of approximately f ,.mki,ihki I ho reorgaiil'atloti committee of tho I nlted States .Motor Company has called for payment to tlie Central Trust Company II third Instalment of 10 ir cent., orf2.ui, of the nmoiilit paxiblu on the stock de posited under tho reorganization plan, lepresented by oertlllcates of deposit, pal 1 11 re to ni'ike kuiIi payment within the prescrils'd srloil will retull In the exclusion of the holders of such corllllenles of delioslt from the benellt.t of tin. plan mid fnrleituro of the slock represented tlierebv .2 13-16 2 13-16 2 13-IA 2 13-16 . .33-16 34 314 34 1014 1024 1024 2 2 2 60 53 , 13-16 II, 1 13-16 H iH 30 14 .1034 3 Ai 111 94 14 30 14 2 !' 24 430 6 94 14 30 14 2 34 416 H 214 3 1-14 07lj 97 S5 64 0-16 A -16 S 9-1A 9-19 3 7-15 3 7-16 2t 3 7-16 04 l4 90 14 3 214 416 H 24 97 S3 . 1 34 110 .1164 . 23 .15-11 1 34 1134 1164 26 15-14 994 M4 1 34 110 1164 23 1 5-14 994 81 1 34 1134 1164 1 5-1 34 AI4 CURB STOCKS CLOSING. Allied secuiltle tin Writing Paper... Hay State (iaa Ilraden Ilrlllsh Col Copper... . llrlllsh-AraTob Yesterday. Bid. Asked. A3 34 H 10! 4 44 3314 (llrnux 34 (irrcnc-Cananea.. Inter Rubber Hcrr Iike I-ehlgh Val Coal La !loc.. tllnes Co of Am M-u-nn Valley tU-ihatlanTran,, . Manl.att.in Shirt. . . 11 ui Shirt pf Marc of Am new. . . , Nevada Hills Nlplsslng Mines Standard Oil. . .. Tonopah Kilning H Clg. SCO of Am. . C clg S Co of Am pf , I' S Uglit A Heal.. .. l.'-M-I.lght i Heat pt Yukon Cold Draden Cop tt.., Hraden Cop 7a... Chicago Kl 6a, ,, 64 .. 0 .. 2. .220 . 34 . A',' . 104 . Pi JV ' 1014 - 6. Ut 4 1125 65 3 9-16 104 4t, 244 4 on to 274 240 34 34 101,' Pa AA 1034 Ali 14 91, 1200 Prldav. UKt. Astrd. 4 24 4 104 44 234 4 6J4 M 3 9-16 104 44 24 414 64 It 213-16 31516 . A4 6 9-16 .1134 1134 117 15 63 34 1164 . 14 . 80 31-16 BONDS. ...203 110 ...303 210 ... 974 97i 2S0 24 34 104 14 52 1014' 5',' 14 U 1135 ' 1094 115 14 60 31-16 203 305 974 240 3 1-16 .14 lOii IS AS 1034 U 14 94 1:00 0 9-16 10914 117 16 62 34 110 210 974 BANKING INTEREST 5 INTEREST Allowed on accounts from HO to 13,000. Deposits made on or before January tSth draw Intereit from January 1st. 6100,000 on deroalt with State of New York. We are entering our 73d year. Banking by mall to meet your convenience. Call or write for "Booklet on Bunldng." Tel.Beekman 1334. CLARKE BROTHERS, Bankers 154NaassuSt. (Tribune BMg.) Eit. 1840 THE CITIZKN3 NATIONAL UANK. located at Port Allegany, In the State of Pennsylvanla.lt closing lis affairs. All note liol.lrrs anil other creditor! of the association arc therefore hereby notlOed 10 present the notes and other claims for payment. December 12U4, liu. C. A. ItOl.I.P.Y. PretHent. DtTtDHTDa AND INTEREST. 2Slth CMSiCBthi Simi-Antua Dividnd ESTAIILISIIEin 17S4 The Bank of New York National Banh.ng Association. New York, December 17th, 1911. The Board of Directors have this day de clared a semi-annual dividend of right (STil per cent., payable on and after Janu ary 2nd, 191.1. The transfer books will remain closed from December 2lst, 1912, to .Tuuuury 2nd, 1913. JOSEPH ANDHEtVM, Cushlor. THE BANK 4IF AMKItlf-A, New York. December SOlh, 1913. The Board of Directors have Pi-day declared a semi-annual dividend of fourleen 114) per rent., free of tax, payable .lanuary 2nd, 1913, to stock holders nt record of tills date. Tho transfer books will remain closed until January 3rd, 1913, W. M. flENNET. Cashier. THE IIANOVF.lt NA.TIONAI, HANK ot the 4ity nt New tork. New York, December Sn, 1912. The Hoard of Directors hae Uilsdav declared quarterly dhldend of POI'lt PKIl i'..VT trie of tax, pa able on and afirr January 2nd, 1911. Transfer books w III remain closed from December 21st, 1913, to thai date KI.MCH K, tVHITT.tKl-.lt, Cashier. Hatlngs Hanks. Ia Missouri. From Me Dunlin Dtmttrat. An old time Democrat down la southwest Mbsourl concluded be wanted the post office right after It was known that Wilson had been eUvled, and accordlnily he circulated hla pell tl n so Industriously that every patron of the nm -e signed it. Then be didn't know where tn sent It. and for want of better knowledge he aent It to the Governor. In a few.days he rr- held on the l'acillo const Cash markets were dull ! whent, No. I northern spring, f. o. b. tu arrive, !'7V,o. . No. 2 red, f, n, b., 1,0S, No. 1 Munltoli.i, f. o. h. to "nive, O'.i'ic. , corn, No. 2 yol. low, o. I, f. rail, 57 'ic: No, 3 yellow, c. I, f, rail, S4 .,,!, ; mils. No, 3 white, Slip, j stmidaids, 30I1..O, ; ryo, Western, to urilvo, 70c. Chicago prices follow Open Hiiro I o ( Ins I'i ei Wheal! lug est I up I mi- December M, H. s "1, a-, syi May (U I'll. 11 mi, iiiVj July... AM, 1 AM. T, AH, Ml, AA, Conn 1 December. 474-1, 47', 17 474 471, stay an UH 46 44)4 4i HENRY 8IEQEL FRANK E. V08EL HimtY HQ1L OO PatlVaVn AUKIstS main noon PER y 1 PER ANNUM sT2 CENT INTEREST PAID ON DEPOSITS FROM $1. TO $3,000. MONEY DEPOSITED ON OR BE FORE JANUARY 20TM WILL DRAW INTEREST FROM JANUARY 1ST. INTEREST READY AND RAVABLK IF DESIRED ON THE FIRST DAVS OF JANUARY AND JULY. DEPOSITS MAY BE WITHDRAWN WITHOUTOIVINQ NOTICE. F. WRITS rR OIROVLAR. Ilourst !) A.M. lo 0.30 P.M. L. CHAMPION, W. J. DOHERTV, CasHim Asst. Cashich Metropolitan pavings gank t and t THIRD AVF. (opp. Cooper InstltuU) L'llAltTKIIhll 1S13 119th DIVIDEND New York, December loth. 1913. INTEREST 1-OK THE HAI.y-YKAIt KNDINO Dl'CI'.lllint St, 101.'. at the role ot Four Per Ceni. Per Annum wilt be credited to tli-intsllors entitled thereto under the by-law t ef the bank en i-iims from 63 10 63.000. INTKItKST 1'AYAHI.i: JA.MJAHY 15th, 1613. MONEY tlKPOSITrii on or before January HUi will draw Interest from January 1st JONATHAN II ('I'ltlirY. President. E. SHKIU'.ll. bec'y. It, D, .t.NDItl'.US, is.u.Seo'y. 122nd Seml Annuai Dividend S & 7 l'ark IMace, N. V. PKIt ANNL'.tl, Pay In able on anu after m Den, Jan. 20th, 1913, Ilennalla mnde oil 1 before Jan, 10th, will draw In terest from Jan. 1st, 1813. If. F. Hutchinson, Prejt. W. 11. nm., SoctT RAST niVICIt SAVINGS INSTITPTION Ml, 383. 393 IIHOADWA Y, NEW YOHIt, The 139th semi-annual dividend has been declared at the rate of Four Per Cent. per annum on all accounts e.iililed thereto, payable on and after January SOth. Deposits made on or before January lOlh will draw Interest from January 1st, 11113, I). S. RAMStY, Pres. C. A. tVHIT.HY, Seo. rilll.Ul NOTICES. NEW YORK hUl'HIIMB tTOlIRT 1TRST JUDICIAL DISTRICT. In THE M.t'rrr.H of the' Appllcallon and Petition of (li:OI((il'. II. JlcLi.KI.I.AN, HhllMAN A. MirTZ. AIP..SANDEH II. OHII, CHAHMLS S-IP.tVART SMITH. MOIIRIH K. JUS! P. JOHN II STAHIN, tVOOIHil 11V I.ANODON and JOHN (i.AI'I.IN. ronstltiilhiK the I'oanl nf Itfpld 'I ransil iiaurnau 1 oinniissioucrs ni 1 ne my ,ir ! Nr t orl-. fnr and on brlinlf of said Ciiy, lor Ihe I appolninirnt ot Coiniulssloners of ApprnlMil. lamer .liapirr t in un- i.nn ui in.ii, anu ma various statutes amcndalnry thereof and sup plemental Uiereto. relative 10 omulrlnc Ine perpetual easemrnls ncccMry fnr tho con amnion, malnlrnanre and operation uf un rkVAtcd lAllrnnd In tVestchetter Avenue, frnm Third Avenue to the .Soul hern lioiilevnrdj Ihitaco alone the Niuthrrn lloiilrtnrd In the Uosloa Itoad; tlienrc alone the HnMon Itnad 10 One Hundred and lllcluy llrst sircct, In Hie liornuih of The 'Irons, wherever wild rnsetneiilh have not been already acquired by puitiiuso ur oilier- NOTICE IH llnnilllY filti'.N That tho Sup plemcnial and Amrnded Report of John J. J'reed man, Prank J, liuplinao and Moses II .Mntes, the ConimUslonert of Appraisal duly appointed In Ihe abovo entitled proceisllnir. u tilth report hmrh ilate tbe null dav of Nov ember. 11)13. and relates 10 Parrels Not, 47, If it and IA3. vva riled In ihe office of the Clerk of Ihe County of New York on Hie 37th day of November, luis. NOTICi: IS I 1 day of Mnv ember, IU13. T.'HI HI'.H IIIVI'N Thai said Pup- A,n...,rtiif itriiiiri uiii ur nrfi. sented for rontlrmallon 10 II111 .Suiuemo Court of Ihe Slate of New tnrli, at N'crlal ierm thrrenf, Pari HI.. be held in 1 tie I lr?t Jiiillclal District. n( the Coiintv Court House In ihe Per 011th nf liaiibatian. City of New t ork. on the nili day of January. 1316. at Hie openluc of irmrl on that da), and that then and them, nr 11s snort Ihereafler a, counsel ran be heard thereon, mollon will he iiinilo that Hie said Supplemental and Amended Report lie confirmed Dated, New Yuri'. Herenitii-r 31, 101" , AIICIIIII.tl.il II tVATXON-, Cnrporalloii Counsel. Rail of Records, borough ot Manhattan, Chi ef New York.