The sun. [volume], December 25, 1914, Page 11, Image 11

About The sun. [volume] (New York [N.Y.]) 1833-1916

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4 11
NEWS OF FINANCIAL INTEREST
r0
THE SUN, FRIDAY, DECEMBER 25, 1914.
aWSs
I H. I
COTTON STEADY IN
A HOLIDAY MARKET
Price Hijjlipr nnd Trading Ac
live DcspKo Festivities
on flic Floor.
(5RADK HE VISION CIIANGKS
In spite "f "in ""'a' eP,r't the
hat Argentina holders had finally de
cided to undersell competing Interest.
Such insertions would have hd greater
hearing on the market find aentltnent htii
(or the. persistent European Inquiry for
American wheat
lleiicllcl.il snow fell over the eastern
it. ill Central portions nf the winter whent
belt. Private advices are of a tlccldtdly
muro hopeful tenor relative, to Iho Mart
f tlio plant, conditions In Kansas and
Nebraska not excepted. Tho Modern
J(fcr stated that tho crop was generally
well protected with a snow covering, al
though tho prediction from tho same or
gan that tho farm movement during Jan
uary would bo light caused surprise. The
supposition hns been that tho combina
tion of more remunerative values and Im
proved crop, outlook should attract freer
farm offerings.
CornThere was Independent strength
cxniuucu in this market. Feeding de
Cotton Kti-hungn yesterday there was uinand larger and cash values have
of
hardened materially Talk of a. llheial
foreign liniulry Is ellll current nnd large
sales nro rumored. The farm movement
Is not burdensome In partial reflection
of the early rush of corn to market. A
(llffuienco of opinion prevails as to .ho
magnitude nf 111 ohnrt lntAfjts Thdr-
largely to the uniel horeo play much gossip of corn having been nc-
.tetv active, business and bullish sentl-
ntnt prevailed to such an extent that
.v. mtrltct nmdo a locovcry of approxi
mated J points over tho closing
Wednesday
tn 1 1 late uiiernuoii ura umi
i....n nver
..a t,..ltdav felicitations. Hruce U Hlce,
ihe rhetorician of tho exchange, who Is
all known for lW taste for epigram, ex
:,,".ed the optimism for tho coming J ear
in the following toast at Dclmonlcosi
Were'" hoping wo tnnltc us much money
In 191- as we Ua In 19U."
A ire it deal of Interest was taken In
the new Clearing House plan and also
in the work of thu reMslim committee,
ahlch had a mint difficult ;sk before.
1 TU.s Involves tho shifting from tho old
Itvle extracts to tho new style contracts
and would teccsllatc a chuugo In tho
allowance for grade- dlrfeui.ee-. even It
?i, "oTirnli-w Ml that the situation
filled for no special action.
The week end figures were Incomplete.
swing to the ween inn urum ......
There wus profit taking and enuntrv sell
lug on the bulge, with a slight amount
of attention given to the estimate for a
3 per cent, nrea Increase In Argentina
Oar Tha tone was very tlrm. Home
authorities reported substantial export
sales, while others averred that no Im
portant foreign takings would take place
uti'.ess the market receded moderately.
Speculative buying wag In increased vol
ume, however, helped to no mean degree
by tho sharp bulge In corn.
Provisions Offerings worn absorbed by
packing Interest. Light outside buying
was based on the higher grain levels.
An easier hog market was devoid of effect.
Chicago prices:
ttveroool's stock of Amorlcun cotton In- Wheat!
"ia.eT:0.000 bales for the week and i!V,emlr
now Placed at 45,OU0 bales, txijor
I Corn !
heavy and reached a total of 87,557
The Nw rork Cotttm Kxehange re
ceived Its first Ml 01 uovenimcm
December..
May
Oat !
December..
5iny
ards yestuday. They will be displayed Vork:
mi.
January,...
.May
Hibs.-
I January....
I.May
Open- Itlxh- Low. Cles
I nr. est est. Inr.
. H6', ni i:m u
. isss irs. 1:1s im
. S MS fS lVi
. ns 7:s 71s 7:s
. 4s it n
. MS MS 81 US
1S.K H.SS H.15 H.S5
is.ts it.u n.
ie.s: 103: losa ii
10 w iocs iv.jo io.u
19.19 10.11 10.11 10 15.
10.45 10W 10.41 10 tO
: wheat prices were:
Open, lllih. Low.
Inc. tit est
15S
1215.
(Mi
71'
4IS
MS
nr.
1S.S5
1334
10 47
10.10
10.(5
Norfolk reported exports yesterday ot
KJ03 bales to Kronen.
The New Voik and New Orb-am cot
ion exchanges will remain closed tin:ll
Monday morning. The Liverpool Colton
Exchange will bo closed until Tuesday
morning. , . . ,
The revision committee completed Us la
bors Utc in '.he afternoon uiid Increased
the premiums on high grades ami reduced
the discount on low grades. While this
might be construed as making It easier
fo deliver cotton on contract, weight
should also bo given thu fact that eon
Idera Ion has been taken ot tho Im
proved character of tho new contract
And the dllllculty of delivering cotton in
. lfomMiu-u with Its terms.
In detail the changes were: Middling
fair, to cents t L"'' ; strict gau i era apparent at that level
ninr ito In 7(1 cents : tuny gooi miuuiiiiK. n-h ..,,i,,i .,t....,
.0 to C3 cents; good mlildtlnjr. 40 to po , 1)rlllcr Though business was being done
.nti; barely good middling. 3 lo a . at i &. alJ, 4 85 cents, tho Federal coin-
fniS. ?irei lllliliiliun t.v...
tnls. full middling. 10 to 14 cents.
Ilelow basis. Karely mldilllng. from
.j tj IS cents: strict low m'ddllug. K0 to
cents, fully low middling, 85 to 64
c.ts, low middling. SI. 23 to 9 cents:
fr'-t good ordinary, 'i to 11.64.
Above bjhls; Strict good middling
'.nreil, 20 to 12 cents: good middling
United. 17 c-nu above basis.
BMow basis. Strli't middling tinged,
'om 20 to : cents; middling tinged, 40 to
: cents; strict low m'ddllug tlngfid. SI. 23
COTTON CLEARING
HOUSE PLAN ISSUED:
EXCHANOE THANKS COMMITTEE.
ftvantntlons) and LoTlnar Caps to Vim
Who Manaced rtecent Crisis.
I trailing in Becurmes on ine chock e.x-
j chaugo was suspended yesterday morning
1 for about fifteen minutes while rcsolu
I tlons of thanks unanimously approved by
' ,1,. . t m. n 1 1 .. In
Adoption of System Likely tXi'iFS!tt
Eliminntc OJd Credits
HOADLEYS FAIL IN
COURT EFFORT HERE
Custom.
PROVISIONS FOR MARGIN'S
A treat deal of Interest ma displayed
at the Cotton Exchange yesterdny In the
tentative by-laws which have been Is
sued by the New York Cotton Exchange
Clearing House Association. Most of
the details of this plan are already fa
miliar to the readers of Tire Sun who
axe Interested in Cotton Exchange af
fairs. Generally spo-iklng, provisions
are made for the establishment of a clear
ing house association with a gurante
fund made up out of subscriptions of
$15,000 from each member,
Original margins are to be called on
tho following plan: S3 per bale on net
commitments of 60.000 bales or less j 14
per bale on commitments In excess of
CO.000 bales but not over 100.000 bales,
and S3 per bale upon contracts tu ex
cess of 100.0UO bales. Provisions tiro
mado for calling extraordinary marglna
In case of commitments which might be
considered a inen.ico to the trade, In
genera).
A meeting of all membera of the Cot
ton Exchnngo who wish to Join the
clearing houso association will be held
In the gallery of tho New York. Cotton
Exchange next Monday. The various
provisions have been so thoroughly dis
cussed nnd amended In tho last throo
months that It Is not believed tht any
further changes are likely.
tng the closing of the exchange.
President Noble, chairman of the com
mittee, dcllverd a short address In ac
ceptance of the resolutions, and thanked
tho members of the exchange for their
loyal nnd Intelligent cooperation, which
ho said made It possible for tho exchange
to come through Its ordeal successfully.
President Noble and tho committee wero
loudly cheered.
The resolutions will be suitably en
grossed and a copy sent to each member
of tho committee with a suitable testi
monial as an enduring memorial of their
labors. This memorial will probably tako
the form of a loving cup.
There was a complete absence of the
usual more or less Impromptu Christmas
celebrations oh the floor of the Stock Ex
change and Indeed on the other ex
changes. At 3 V. M. the membors quietly
dispersed.
Whllo the custom of giving bonuses to
employees was dispensed with, an excep
tion was made In the case ot a few of
the oldest employees. No fund was raised
for the purpose, tho accumulated surplus
of other years being drawn upon. In
addition to tho old timers. 230 pages and
thirty telegraph operators got 110 apiece.
Jndgo Hough Refuses to Ap
point International Power
Company Receiver.
SEEKS TO GET AT FACTS
TAXI RULING PLEASES MAYOR.
COMPLAINS OF THREAD DECREE.
December
Mar u;s
Consolidated Exchange prices were:
May 137S 15s il l 13T'i i:7 1114
THE SUGAR MARKET.
linger II Id 4.0t fur ltnn. hut n
ellcr Appear.
Tho raw sugar market was firm yes
terday, with buyers bidding 4.01 cents
j for prompt raw, while thern were no sell-
somewhat
paiiy announced that after the close It
would accept no business under 5.05 cents.
It I. expected that afttr thu holidays
prices will show further hardening and
all refiners may be on a Arm 4.95 cent
basis. t
Trading In eugar futures on tho Coffee
Welcomed by ConserriitlTrsj.
Among the conservative olement the
establishment of the detirlng house la
welcomed as a means of getting away
from tho credt system, which has been
tin bane of tho cotton business for so
many years. In fact, most of the losses
which havo been incurred throughout
. v. - .,..! ImvM mmn front an
p... I UIO VVlfcVM I..'.' ....... .
t.lOfl- ! . n. .t.l ut. ....... n-1ilr.li u'fLH llinil-
llK. I llUUin I'l IIKS .....v -
mi: . .ent pnmirli In the llrst lllaCO.
The custom of giving cretins nau us
origin In tho mutual confidence existing
between established Southern spot firms
and their brokers on the New York Cotton
Exchange. It became more or U-fs of a
nuisance to meet market changes by con
stant transfers of funds to keep step with
fluctuations, uitd finally the custom sprang
up of giving to .Southern shippers a credit
ranging from S1.O00 tn S2,u00 or more.
When a loss of a stated amount was In
curred on a shipper's contracts he was
asked to deposit margins to mark his
contracts to the market.
While thli practlcti may have been
entirely .lutltled In thu caso of established
eluilrttixliW the method of ottering In
dlscrliiilli.it' credit soon became, a com
pet Me iiuUhkI for obtaining business. A
Southern shipper, for lntance, who might
have had r?uurcH JuMlfylng the exten
sion of u credit of 5,ii0. might be grunted
this e.ime amount by half a doien different
concerns, thus expemng mm in uinee i
; cents, middling etrallied. 51. io to i.
Sew guides I. 'W middling tinged,
'SO btlow basis and good ordinary
r?relmni-. -n nnlei. lint nrlees were mnli,.t tr,.. to a margin rail or lau.tiuo,
steady in sympathy with the nrmness lnwhh'h old too frequently ho was unuble
Prices follow
Vehruary
Mar.-h...
April....
n e below basis. ' jiijie
The committee will meet next w-eek to July '
evise the grades accoruing i u' .uirut
American stanuarus.
"utures closed steady.
Open- IlUh- Low. Clo. Prev.
.t e.i. Inc l.lo.e.
;j 7,:. Ts.r;at 7.is:.m
7 4,", 7 M 7 (J 7.51.1 13 7 HH7.K
7V. 7 71 7.t.1 7.WHI7 70 7.I7.6I
7 SO 7.7il,.ss
7 '.ll J.WUS.17
spot. Kfiles were 330 tons.
(cents per pound):
Openlnsr Clo.Inj. Prer.
inn. niciiex inn. cn-e
epieuiber....
Ovtuber
3 l !." 2.". : n t ti
'.'.7 . , . - l
v. ; , 5 ti.
I i ... ii 0.1 :..w
J.U6 3.W 3.01
.i l: 3.u s i:.
x ii ... 5.
a :i 3.K 3.ii
a: 1.31 3M
to llltft.
'ei'illl li rltinuer I in..
in ...liliilm. iii tills stiWiier em.lraeted
' the habit uf iiIiik for evedi: from brokurs
, ...Mi.li meant really that tile IliallUfuO-
'-M turer delml to me the lemnuve'i of the
broker lo finance hi own business. Even
5 'i plunging speculators were granted credits
K as all IliiliK'.-liieni in uriunn uusinem.
Coats Thinks It .Makes Free Compe
tition UlOlcult.
Sir Thomas Glen-Coats, chairman of
J. & V. Coats Thread. Company. Ltd., In
his annual addroas to the stockholders at
Olasgow recently commented on the de
cree entered on June 2 last by consent
on tho result of the tult brought by
the Government against tho Coats com
pany, the American Thread Company and
others for violation of the antl-Uust law,
as follows:
"We gave the Department of Justice
the fullest Information about our busi
ness and think we succeeded In making
out 'a very good case, although In some
minor matters we were unquestionably
at fault. Eventually It was agreed that
a decrcss bo entered which Imposes on us
a number of restrictions. Some of these
render It dltllcult for us to compete freely
with other makers, but only time will
show to what extent this Is the cass.
The decree contains tho Important pro
vision that It Is not final nnd that we
nrc at liberty to appeal to tho court
should Its terms be found tn practice lo
be unjust and oppressive."
COTTONSEED OIL.
Firmness in lard restricted offerings in
market.
There were some reports of a firmer
crude oil market, but there was little
business at the South on account of tho
holiday. Trading In oil on the Produce
Exchange will not be resumed again until
Monday. There was more or less evening
"up yesterday and S3;w sTvitching V In
terests which apparently looked ror
liquidation of the January delivery next
week.
Closinr Prtr.rio-e,
llnsw. Hid.
t..7Vnuo Ml
C,7t6t.77 &.71
imTrtor. o
e 3JJ-0.M .r
6,Mtr0 41
spot
J&nurr..
Mtreh....
May
July
DAIRY PRODUCTS MARKET.
Iw-mbfr.
w jary
Vireh .
Mi)
. Jr
l)'ber
BUSINESS TROUBLES.
7.5
t.Ltl
7 Xi7.Jl
!Uf7 !n
7 71
7 J
vji a s..j$3o s.3us.:t
Snot rotten at New vera was quiei
unehanced: middling. T.SoC. South
rn
Orleans.
0-lCe. . Augusta, 7"c. anu Jiem
this, 7Uc.
Tie New Orleans nvirket closed steady,
Oi"ii-Huh. ).o- fins. Prer
mir r-i ei mi v.""":
i uniianKru , inimiui.s.. ,..vv..
tl ot markets wero steady, with New
eane. 7 3-ltic ; Saannnh, "Uc.: Hous-
.M.TMAN 4. WKHN15HA petition lit bank
ruptcy has been rtlrd analn-l Duvld Alt
uiun and Victor Werner Individually and
n mrtnera in t lie. uta nrm or Altinun ft Clearing
lirTTIili. -.x-ur-Ilv of rood tab: Mock
put up price yester.uy c. on all rrraaiery.
rindlns". even 'efore the hnitd.i)'. was yooJ
and uli "irrent recelut bf tine cnods were
elene.l up. Iteuovaied was u trifle hlrhfr
hecu.o nf Its n. areiiy. 1'ecklnc stock nai
al-o uu iii The niArUet cloed extremely
Competition pecaine s iiereo nun wicme Mercaiulle rrxenans to-morron. I'rless:
were not scrutlnlted with tho old tlniu ; cre.um-s . eitras. i score. U'tb iic;
i .1... r.snlt li is been sM'ii In higher orlnir. Si 'i i 3e ; Urate. Ii lo 1
.. i.ii. i,.... r..nn nmm sore.
the brokerugo fraternity Ui the last few
"?. . .
Wltll oroKers UeillK euilllivne.j u..
ll.iuso Association u pui up
Werner, munufacturers of men's trousers original margins it U hardly likely that
at 417 Lafayette street. Liabilities arc " ...in roro i grant extensions of
.lid to be shout Ill.OOii and aoeit 11.000. t,,ey,,,vl!' cl .r ".Uvni ihrouirhoiit the
Gi:oitOi: P. muhki.u builder and plumber credits to their clients tt rouknout tni
ember
.41 J
til
7 II
7 3
t.i:
7M
7 70
7.41
Ml
!1 .17.79
i.10 J.l.'tlSW S.OSlJ.OS
Mi"
May
i.'y
Ine I.ierpool market opened quiet.
T'.iere wan an easy business III spot cot
' m. wa.i middling 5 poln a decline at
i " 1.J Sap s ,000 bales, ltecclpts. 5,000
. -- in- Uid.ng 3,100 'American.
. Vr.. i. Jt Liverpool closed quiet.
Oueii- ItllTll- JXJW- VIOS- ITCT.
inr e,t est
1 . 1 :
. 1 ii t 3u I XI
1 H, 4.lf.'i l.ll'l
U0 I.U t .VI
and stocks were:
H. i.au
ivipts jrinr
'I.M. II. .!
ut IGoJ I'nherltv avenue. The Mronv
llled a petition I" bankruptcy, with
lillittr J71.IM and asieta IIS. 910,
SIt,Vi:it.MAX A SIKlli:iA pe'ltlon
binkruptey has been fliid analnsi U.iin1
II, hllifrman amt .loyepli leael. dealei
-.... I t u'.oT II I I" CIIMIIIIIK 41 u.ritiir, n
-',' --V;." - -l'tiri;. city, nnd 717 llrnadnay, llrojkiyn. i.h
iii i-;fiVJi 7'i7 3 bllltles are IS.0'10 and n.-ets 1.600.
-ii iflHlJl 75sii7M SAMUKl. STI:iNIIV:k1-. petition III l.ui.1,
hie trade In the South nr elsewhere. Tho In
il' terest on tho margins advanced through
tim Cleiirlng llouss Assoclailon would
k r.n .:l f till tho morlts obtained on com-
,i..lnny (ram ruslomeis. especially If the
customer happened to be a member of tin i'ii,
t'ott in Kxehange, who pays only nan i
brokerage.
: ::e,
i No. :,
i
Msy.Junf
'T .
s I'tb
IK.' ; '
Inr. Cloe.
t.:s t si'.i
t.sr,
1.17
4.f3
i r.oii
I.f6'i
-dr. ... n
s Or '1!,.
irirsall
'i an
't it,
iflon
is .
:i,u,9
l.m
H.II0
Stocks.
417.1J8
nri.jii
l .".
n.iw
IS.li!
Int" r stnks and receipts were:
Parni
A .fiva
He
rvliit-
I.ait
Tesr
IJ.oll
3.',I0
filocks.
it:.n
i'l ."3
1C3.KH
53.
1 '.i?.
V .,'
'j7
Kitlmated port Last
re Tlpts In il.iv we-k.
: i ii i.toi .1.719
XM lo l.a(W 1.63'i
- yesterday S7.557 bales.
i t r this season :,2i,0ol
rfnirsi 05s.3s3 bales last year.
i
ars
lJi"t
Cli).77
:fl',433
107.93J
M.JI7
M.7
S),IW
U,lit
T.aft
Tear.
17C.J70
'.S7.IM
!H. 037
Lset
year.
li.ulC
Total
bales,
ruptcy has 'ieen tl'ed aitalmt Samuel riti in
berg, tnaiiufaeiurcr of furs at 10s Knit
llriui.lu fiv.
Ill'Ti'lll.VeiJN .MKTAt. A.NM IHHiKI Ml
i'ojip VNY A petition In bankrupu) iuh
been tiled acalnsi the llutclilii-oii Mr u!
.nid ltoo.lng rumpany "f isr.i Park
nue. JudS'' Hough iippolnte,! ll.irry O--terman
receiver, v.lth authority w tarry
on business ten day, '
llOlllNeUN TAll-'JHING COMI'ANV - A
petition 'n bankruptcy has been llled
iiKalnM Annie Ilobltnon anil Marrery Kp.
stein, ulio did builutas as the ltotilnson
Tailoring Compiiny at U Nassau street.
vi?p,,,.,,';ie,,,i;o;;n'!k. i fyjv-, Tr,ll
ih niiuni. smi ii'itin ! - -
$90,000,000 IN POOL.
siil,.erlillniis Tr Aiiilttlunnl Cltlea
soon In fiimr.
Tin cotton loan committee announced
e.slenlay thai It trod In hand signed sub
esTliitlon's iiKiM-eifinIng over ??U,000,000.
This aiiliiunt due not Include Jlaltlmore.
i Kuiieus I'itv, MlniiHtipolls or San Fran-
els"ti. whose subset unions aggiegtue ap
THE GRAIN MARKET.
Mhesl Iteiim
presslmi
llarly l'rum Ilc
(nurse Grains fit run sr.
i t ly tho holders of wheat
i; ' i 'led becausu of the action
i Tuere was no such die
txprO'Hetl yeaterilay. An un
it of selling orders for out-
's was ttnuai t-nt. this prenuro
a ' m w.dely scattered ilomestlu j
pi tnties. Hut depresslor.b j
i d and were frequently su-
v .knitt' iint advances.
i- no' without Its high levels.
a;i. it sold at SI. 15 ut I) ninth,
e.'ilt nf Italian absorption
,'i i es In vii bee'i abuut ex
f i' wlie its will probably bo
n mipoi taut buyer tor Italy
i Hoard of Tnitlu at Chlcugo
i declared that while 30,
i'i had ben purchased for
dhi" aO.OUO.OOO would bo rc-Ihrr,-.
were authorltlea who
iir, that Ibis assertion was
in i lie Htlgmn of speculative
,. ' tliat was rendurctl during
-uu rnmo largely from ex-
. 'mil- follow Iny. Thei-ii were)
4H tit iiinro than 1,':00,0UU
. -tual cxpnrtH fur the day I
f l i bushels. Somo of thu epecu- '
' 'rn during the day wcto strong
'i operators who frankly tic
tl ' i w no reason to fell
y I'm-, ler the big Argintlne
more or less of tho liqulda-
'hi iiiorning was iiksoclutcd
1 ler iQiilldelice In tile large
. f rnm AiKentlnii, especially
' ' Ayres market broke nearly
vi r nlehl. It was contended
ruutcv hs boen tiled against VI"tor Hern-
blit. retail furrier of :373 Uroa.lv.ay, lie
tu.ide au asslKninout on Wednesday. XU
bl'ltles ere JI.00.) und a-"t 11.000.
11AH1IY A. Iimt.MAN, rslesniRti at t
ilroadn'ay. hua n'.ed a petition In bank
ruptcy wltll lla'jtlltbs 7.iSI and no
ansels.
HAItY WOUr. cutter, ut 397 fhurch street,
has filed a petition In bankruptcy with
'.laldlltlrs i,t':i and no assets.
M. llKOHllli TIOAH of 171 Kox street.
Ilmiix. has filed u petition In bankruptcy
with liabilities 11, COO und no astels.
Schedule In llsnkruplry,
IlASrf SII.VllllJIAN 4 CO., manufacturers
nf dresses at S3 West Thirty-sixth iitreet,
lne tiled schedules showing liabilities
133.1(17 und assets 113, IC.
l.i:VV. HCUWAUK .t CO, inaiiufaeturers of
dresnes u It i:.ist Thirty-second street,
Iiaxw llleil schedules fchuwlns; llabllltlos
1 1 7. t.04 and assets 11.251.
HAItl-Kil P.M'Ull HO.N COMPANY of 40!
i:ast 104th street, hua tiled schedu es
shnnlng liabilities U.s33 and assets IS.9S1.
HMJ.M IlUIttl M SriIWllT2. iimnuf'idiirers
of skirts at 3D West Twenty-second street,
luive pled schedule, showing liabilities
S5,3l and assets 11,376.
Composition Confirmed.
PATTEUSO.V & MAltllAI.. Jtidga llnuah
lius continued a composition of Patter
son A. llarral, Jobbers In hardware at us
White, street, with creditors at 33 1-X
.enis on the dollar. Liabilities nere
lia.OOO
Itereher Appolntril.
JOSRPII il U0D1 Jiiilso Mouth has up-
pui. lien mo ueiroii iiiisi i uiiiu.inr until
i.ry receiver for the property In this city
of Jottpli M. Dodd of Dalrolt. Mich. The
sjtne receiver had already been appointed
In Detroit. Tho property consists of 7S0
shares of stock of the Joseph M. Dodd
Company, vulued at 17,000, which his
been attached by that company In a suit
begun hero on October !! by the company
against .Mr, Dodd to recover 110,175,
Asslztiiiirnl,
l.Ol'IS ritANK. manufacturer of cloaks and
nulls ut 33 West Nsventeenth street, has
mado un assignment to (irorgn II, Will
iams. He began bullosas tu U9S.
Tn Issue Itecidiers' Crrtlflraliss.
UNITHI STATUS SIUTAI, I'llODUCTri COM.
PANV--.loltn J. 'I'ownsenrt, referee In
bankrupts, bus authorised Iho receivers
nf the t'nlted States Usui Products Com
pany of 111 llruadway, with faclnry ut
College Poln'. to Issue receivers rerun
rail's for tWj.OOO U loinpleto the con
tracts on hand, Knur of Un- lamest eredl
n,' of the rompauv, tiauialy the Glrnril
N.ltluiiH Hunk, the Hank of North Amsr
ji, both of l'hlladelplda; the Art Mul
Consiruotioti i-oinpuny anu un assets
Hsallritlon Company, holding claims for
1730,1100 out of u total unsecured hnlebt.
eilntM of 1516, H7. have agreed to ud-
alien tho money to tho receivers un Ihu
curllllcates. Tho coat of eontpletliig Iho
work In proresi, Including raw material
nnd labor, will probsblv amount I1SO.000.
i lia total amount puvublo on the contracts
lisli loilip ele.l Is I7:,I'I3, without
duel Ions for uny pal insula made en account
thai Ib' lr eigned siibstrlptliUH are either
on the way or will b sent witnin m
fow days.
Tlio committee says that lm recent In
formation with respect to tho balance ot
tho subscriptions, which are covered by
tho cities of Louisville, l'lttsburg and
lilchmond, liuvo Wen received, but that
It Is Ix-lluved that their signed subscrip
tions will bt in hand In tho near future
tela eltras, 9 li'ors. 31 lie, ;
llrsls. r-u 'i 3I -. St it dairy, tubs, ilnest.
3J1I31'.. K'iiI t " prime. :vii31c, cotnmun
lo ri-r .1 - .i uenovateii. extras, sdiir
:i',o., ntsis. :iHi:c i mer graues,
tr'.').. t'ult.itl jii .reumery. nrits. ;dJ
:3i ' l.i ties, . urren'. ma'as. nrsts, 31
tif.. , -otuls. :3,' : lower graiiei,
packii.u' '."-k, held, fine. SitrZiliC
114 1.;-., loaer grades, tilaSlc.
C111.K.117 There sin no II far to the mar
ket i-sterdny und no trading to warrant
any .-amitfe tn quotations. Market closed
ratbsr " fak. Prices follow State, whols
milk, lie't specials. lSs.iflic. tren spa
eluls. 1' average fan-y. Hl-it4'.:
imJerirr.iilri. 11'U-JltC. Wlseonstn .Uhles,
4c; twins, 1 1 v -i 1 a 'm . , (rean, 12-4
poor to goou, 7 u in
IK.gs llnouxh fresh Hock was on hand
ynttnlay to tupply the ilnnatm. which as
llmiteil Huyiti were few bu prlcrs net
low enough to bs malnulnrd even without
much trading. Itsporls from producing sec
tion slio.v ills weainer emu anu uiuht
Says Competition nt Stenmahlp I'lera
Is Deslrnlilc,
The order of Dock Commissioner Smith,
endsdsf the monopoly of tho yellow taxi
cabs on piers of tho transatlantic steam
ship companies, has resulted In free com
petition, pleasing to Mayor Mltchel.
In a Utter sent to Mr. Smith yesterday
the Mayor eald that when tho Lusttanla
docked on Thursday 289 licensed tnxlcabs
left the pier with passengers, and that
112 of these taxlcabs were In line when
the requirements of passengers were sup
plied. "Furthermore," wrote the Mayor, "It
appears that there wero thtrty-flve yellow
or Mason-Seaman private .taxlcabs on
hand when the boat landed, and thit a
Joseph II. Hoadley shifted the scene of canvass of the passengers by the Depart-
his efforts to prevent a showdown of his ment of Licenses developed but one lona
acts as the head of the international llJowll for one of tlcso cabs.
!,...... f- w. I.e. ' feel that the careful Investigation
Power Company yesterday from New Jer- mndn n lhs W9 fu) Jll9lln your ac.
ey to New York city In a typtcal move to loni and f9tHbshcl u,8 flicl that II-
hldo behind legal technicalities through an rensed taxlcabs can fully meet the de-
attempt to use the United States District
Court here as a haven of refuge.
Judge Hough, presiding In the court.
was aware of the possibilities In tho latest
Hoadley step, however, and took action
that not only checked the counter move
planned by Hoadley for the appointment
of a receiver for his company who might
be more within the sphere ot Hoadley In
fluence than tho New Jersey appointee but
apparently left the Hoadley group
stranded on tho rock nf Indecision.
Judge Hough, recognizing that a re
ceiver had already been appointed by
Chancellor Walker In New Jersey at me
behest of Hoadley's opponents against tho
bitter opposition of the Hoadley hosts, de
tected something Incompatible In the sud
den reversal of the Hoadley position In
yesterday s efforts of Hoadley brother
and business associate, Alfred II. Hoadley,
to have a receiver appointed hern.
Although recognlrlng that the appoint
ment of a receiver was thoroughly war
ranted by the condition of the company,
as It appeared without examination, he
therefore refused to appoint another re
ceiver without further advisement unless
the Hoadley group now In nominal charge
of International Power Company affairs
would agree to confess the bankruptcy of
the company.
Ksfra Though .Needed.
This was a part of the bargain that
tho Hoadley forces apparently decided
needed an extra thought or two over tho
Chrhv.mas holiday and tho case went ovor
for further hearing.
Tho retention of the book o the Inter
national Power Company, tho most Illu
minating of which are stl'.l In the posses
mand of passengers landed at this port."
FLUCTUATION IN EXCHANOE.
Prices Clo Up nnd llnirn l.ltllr In
terest Is Mi n mi.
The foreign exchunge market exhibited
a pre-hollday aspect yesterday. Price
chany were not so groat as they were
friquent, nnd exchange on Iondon was
n6w aboxe and now below the prices
quoted at the clqslng on Wednesday.
JJusinwis was light and there was tittle
Inteiest shown In the market by either
prospective buyers or sellers.
Demand closed at 4..S58, and cables at
4.SSIS,, as compared with 4.868 for de
manil and 4.87 for cables on Wednesday.
Francs closed at 5.10 for checks, un
changed, and 5,13 for cables, against
5,1511 on Wednesday. Marks were lowor
at 88", for sight drafts and 88 fori
cables. On Wednesday they dosd at
88", for checks and 88 i for cables.
There was retired yesterday nt the
tooal Sub-Treasury, 51,802.000 In emer
gency currency, bringing the total re
tired to date In this city up to 913?,-812,770.
BONDHOLDER BARGAINS
IN ROCK ISLAND STOCK
Cnn Get $12,308,500 Excess at
$10.21) 1-2 ns Result of
Foreclosure.
CLAFLIN PLANS PRESENTED.
I'rnpoaal Mnde tu I'n Creditor ITS
Per Cent, Cash.
A tentative draft of the reorganization
plans for tho Claflln enterprises was
presented to Judge Learned Hand In the
United States District Court yesterday.
Under this plan. It Is said, the creditors
uro ti receive 15 per cent. In csah and
.don of the Hoadley representatives In S5 per cent. In notes of the newly formivl
this city despite the orders of the New " " , " " '""'i'"''"
Jersey court for their surrender to the ''any under the name of tho Mercantile
New Jersey receiver, was conlderel yes- i tores Corporation.
terday to be tho chief object of the Intrit I Attonicys Itushmorc. lilsbee and Stern.
Hoadley move In the Federal court here.""" l"c " -u-e wan.. ,u
the Claflln assets to facilitate the re-org-anliation
There was some argument
over the form of this sale, the attorneys
for the receiver desiring that no upset
price shoulj be fixed. The Judge favored
an upset price so any creditor might como
Attorneys for Henry W Hull, who Is
lighting Hoadley for an accounting, and
thu.su for Wilbur I', Sadler. Jr., the New-
Jersey receiver for tho company, who Is
seeking to tako possession of the company
out of tho hands of tlw Hoadloy group.
had succeeded In pushing tlw Hoadley
crowd Into a eorccr, wnero tnry hail to i "
The) commlte for the holders of tJvt
Chicago, nook Island and Pactflo Rail
road, of which James N. Wallace U
chairman, In a formal circular Is-rued
yesterday to bondholders announcing the
foreclosure sale of the stock of the rail
way company states that the expense
of the committee and tho costs of the
suit amount to $4.45 for each outstand
ing $1,000 bond. It Is assumed that the
sale will be confirmed on January d,
after which, the commltteo thinks, the
distribution of stock can Immediately
begin.
On December 2t, the date of entry It
the court's order, $58,894,000, or mora
than 82 per cent, of the bonds had been
depostted with tho Wallace committee.
At the close of business on December 23
deposits amounted to $59,045,000. The
right of subscription to stock In excess
of the face amount of the bonds de
(waited wltli the commltee or with the
special master Is limited to the commit
tee and to poisons depositing bonds with
tho special master prior to February 10,
1915. Tho price of excess stock w41
nmount to $10.29 Vi, plus Interest and
cost of transfer tax. Excess stock will
not be ready for delivery before March
6, 1915. Those bondholders tvno cnose
to take cash Instead of the stock repre
sented by their bonds will receive about
$38.50 for each $1,000 bond. In view of
the fact that the market price of ths
bonds Is about $250 It Is considered un
likely that any large amount of the un
depositlng bondholders will take a cash
value of $98.50 against a stock value
with a market price of $260.
There Is now $12,308,500 or excess
stock, which. If not taken by the hold
ers of the equivalent bonds, may be had
by largo Interests among the bondhold
ers If they want them, giving an Im
portant block for control at a bargain
price.
THE BOSTON MARKET.
ItosTo.s;. Dec. 21. The copper shares
market wnn dull nnd without tendency
either way. Hutto and Superior and
American Zinc wero fractionally hlghssr.
whllo Copper Itange and Calumet and
Arizona easd off. The summary!
MINIJMl,
Opun- Hlih. Low- Clo
,,, a.eef..
choose, between the lesser of two evils.
The significance of the Involuntary pe
tition In bankruptcy for the company by
Alfred H. Hoadley, presented In the Fed
eral court here yesterday, was in the fact
that It was sought by Alfred nnd not Jo
seph or George W. Hoadley, the other
brothers. The latter two were precluded
from engineering In person a plan of this
kind by reason of their court recordB In
tin New Jersey case.
Hoth Joseph H. Hoadley, former presi
dent of the International Power Com
rc rVcii
decision until Saturday morning, when he,
will nlso ntllrm or reject the reorganiza
tion plans.
PARCEL POST MAKES RECORD.
I'ennsylsauln Itallronrt Heporte
f.reat Increnae flier Last Year.
In tlio week from December 1j to 2
Inclusive, the Peimslama Katlroud han
dled approximately 3,."i(i0,UUi parrel post
pany. and George. W. Hoadle,. director of ' ! 17)
this company and presldcr.' of Its sub
sldlary, the American and llrltlsh Manu
facturing Company, had stood In this
suit os the bulwarks of the company's
ilefemo against bankruptcy. Joseph H.
Hoadley had said In answer to tho Hull
tult for a recilver-hlp that It was pre
posterous to call the company bankrupt
and had sworn th it tint concern was
worth mom than 52,000.000. Alfresl It.
Hoadley. secretary and treasurer of In
ternational Power, however, had re
mtlned silent about bankruptcy In tho
New Jersey case. He was therefnie free
for the move of yesterday.
lr.r.,Htr, Claim Alvunl.
A standing In court as a creditor to
ssek a receivership, ns he did yesterday,
was riven to him through tho assign
ment to him by Joseph H. Ilimd'ey of a
claim against the company for 55,lor27
previously held by Joseph H. Hoadley.
tim master mind of the family circle.
The usual cloudiness about the real pot-
session of this claim among the brothers
di'lphl i, and S.iOO.OOO at the Pennsylvania
station, NVw York, The Christmas rush
tif parcel post was considerably morn than
50 per cent, heavb-r than a year ngo.
At llrnad street eitatlon 14 7 trucks, of
which thirty-live weru electric, wer used
In loading und unloading the Christmas
mall. More than triple tin- regular force
of railroad ma.l handlers was kept or
duty during tho with. In New Vork more
than 100 extra mall cars were attached to
tho regular mall trains. At Philadelphia
thirty additional cars were furnished.
J. B. HARRLMAN'S ESTATE $6,000.
,tiirsltsl Mum ,nle IllliiUer Left
Utile Propert v.
WiltTK I'UAINH. Def. 24. The
!.s Inr.
llt Alaka -JS
rvS Amalcvnated t'
t0 Am Zinc W
SB Arlr ComI
l-l lluttc Si bUP 33'
Ui Cal A Art son. J;
s C'li it lie- !
'.'i Cblno
I'll Copper llans'e...,
X, Ilaly-West
t-l (.reene Can
10 Kerr Lake
1 Ia hollo
M Mohawk
) New Arcadian..,
a) Mptialnr
0) North Dutle
(t Old Colony
til Osceola
1 Pond Creek
K.ii- ton
J n.ta Fii
fr Sn-wnnon
to Miailiick
... M Marys lauxl,.
li It Miirltltiir.. .
:si I' s snieltlmr pf
ITS fish Copper....
.i) Winona
SO Wolventw
RAlLKOADs.
Atclusoa
: llostmi Elevated.... K.
lo Huston Maine....
.0 Ptichbiirr pf 71
t.1 Mass llleo
7f. K Y K II 4 II 61
Union 1'acttie Uul
3
, i.
. S's
. 4Ma
, c
, :i
, 311
. to
. 13
1!.
t'.
. S's
1st,
.
. S4's
est
:;
It's
1M
l'
31
Is
s
7s
3'.
Is
si;
S'l
6
Il'i
3's
M
13
1
''?
4's
1s-
:
:4V
u'i
aeit 3us
est
a.
41
li
Ns
J3
U
'j
J-)
i -s
si
4.
's
0
:t
Vi
4
1!
Pi
I's
:iHi
sl
l's
inr
t"s
n
SVs
lv
1511
ii
t
:t
?H
41
IS
1
lsl
4
.
-14
4J
MIsCHLLANEOUS
ts
s:
7
s
134 US
1I3 HIS
1-1
1.
n
IlUn SI4U.V IIIO , "UU Mil" MtM..... , "I"1!'"' w ...
nnd hens nnt luslng litis stnrar tc;''k i Hoadley nttaehed In this case, for ul
55? nV..'iVb.lne.,"vJun,, u" e.n.ctVd 'unM! ' , ; ,. f f'
him on August 3, thu court records show
Ui.it Joeph Hoadley swore tno months
after that date In the Jersey case that
he wiu then the owner of tho account.
Judge Hmigh refused yesterday to
accede to tho summary action sought by
the Hoadleys. Martin W. Littleton repre
sented Alfred IT. Hoadley. Judge Hough
111 effort told the petitioners that n re-
afire ttm Naw Year. Trices;
sred. estras. nne. 3ii4')e. ; extra nrsts,
37'alSc. lirsts. 36c, .econds. Jlt.t-.'.
Refrigerator tlrsts. charK'es paid. !4'iS
7Slc.i hennery whiles, fancy, larae. 47t
lie; hennery browns. 4114:.-: mixed co,
ors, Sea 40c.
I.IV17 1'OCI.TItV. Kven with a holiday
ahead tho trading In the Hid poultry
inarkst was aclUn yesterday nnd chickens
and fowls wers up Ic. liven old roosters
.a.-,.,,, ,i i.e.. and turkeys, which were
down ths dy belure, er up lc. Market ceiVer had ulready been appointed lr New
well cl'sn'd mi. VP Jo last Jersey, that there wns Iitstltlcitlon e.
'l7ron"uack"ot uucne,':1 There lm bTnS ently for the appointment of a recelvsr
market to-morrow because of the holiday, hero, but that it was not the place of
ueese ware easier, E'J plM ni. v?? the authorities in tho company to "blow
'-!'." Xh,cJl'n...,lH,,,i,n-i.e,?w..;,vVV. hot In one .State and cold In another" on
mixed' bens and 'terns. 14 trite. Ducks, the question of the real bankruptcy of the
' a .a as. s.se.s ft. K sc 1is .
company.
sin lug state. I6jrie.: wesiarn. ;"-;
ij,Pr, Western an.i noutnern. "".
EXPECTS LESS WHEAT SELLTNG.
'Modern .Miller' l.nnka for Minnller
.Moiinrnt Prom I'lirnta.
Cltu.'Auo, Doc. 24. .loiera .Uiller crop
outlook'. "Tho winter wheat cmp Is gen
crally well protected and added tnolsturo
nnd snow covering can only be con
sidered favorable.
"A smaller movement from tha farms
Is exported during January. Hall ti.ms
portatlon remnlns 'good and the move
ment .to seaboard continues large,"
DHKSSUD POUI.TUY-The Christmas its
in.l had been supplied before yestenlay
lat I
Jeffcrtou ltcardmau ll.irrman, once a
Iro;j Jnetit banker in Manhattan, left a
very small estate, according to thu trans- ,
fer tax atlldavlt llled 'tic to-day with
tim will, iii.i atlldavlt sajs that Mr.
ll.irrlman left real estate worth not morn
than J1.000 and personal property worth,
not mure than $5,0nd. i
Mr. Marrim.in was a resident of Mount
KWco wid died in Washington .. Decem
ber 1 last after an Illness, of many ueeka. I
The will, tthlih Is datvd Tcbruar) 14, j
IUH, leaves an ine property to v e wmow, Mli lim1 .lflhwl quota-tions i
Mis. Plorencu Jav Hirrltran Tho latter
nt.d Frank I.. Polk are m.idu executors.
."I Am Airr Client pt.. M !
bi Am Pneu Sere i'i JVs
11 Amer Mirar 104'j 104s, 103 IfA
14 Amer Smear pt. . . llti 111 113 114
Sv Am Tel Si Tel IHU 117'i H4i 1U
10 Am Woolen pf 7ii. 7 tm4 issj
K Ceneral Jilectrlc. .131 13i 137 137
:.J Pullman . 1W Ifl 1 o itsi
1i Mee-si lluttntiliole... 1$ Is i'i IS
t tiwltl A Cn 101 1'4 l'XIt. 1MH
1. Putted Krult cash.. lit. Ua Hi 115
K I'trltrd I'rull. 11 d..H3 113 113 113
1 l-ntteit Mux' Maeh . i3'; -3 S3'i UH
W I'n Shoe M.vh pi. usij :' i1
17 II S Steel . . . H ' ( 44
7 II . Steel pf .. . 1031 IO31.4 l3l 103U
Western Cuion . ii ll f" US
WINDS
liv5 At M .V W I t i3 !.! t5 t
THE BOSTON CURB MARKET.
ItoeTo.s', Pec 24. Itoston curb closing
THE COPPER MARKET.
.Mel Hi
sells lit I l.oiK'st
Iters-lit Jn 111 p.
No Treason Hlalement Issued.
WAHIIINflTON. I lass 74 -No Treasury
statement si as Issued to-day.
THE PHILADELPHIA MARKET.
PltlLAPELHitlA, Dec- 24. Kleotiic r-'tov-ngo
llatlery lost '.j to-day. The lein.ilmler
of the list was practically unchuiigi'd for
the day. The summary :
Open. Hlirh- Low. Clos-
Sales,
XI Ati'blsnti
10 lMh Meel
Its) Cutiihrlit Iron
Vi Cambria blrel
lm) Klr l blur Mat
10 Krlo
lieu Asphalt pt,,,.
S7 Ins Co of N A ,. .
W Keystonn Tel
1 Ihish Nav old st.
M l.ehlgh Valley
IN Northern Central..
OH I'ennsjlvania It It
4:s l'hllii Klectrle
43 Vhlla t o scrip. .
10 I'hlia Triiellnli
'Jli Headiu.-
r He.utliig Id nf
sI ToiiDpah llehumit.
M Tonuimli Minin.'
so uniird nss imp,.
'.ii tl H Hleel
I Union Trai-tlon... .
I W0 lien Asp deb 5s,
IVW Internal Itys Is,
Pj liilla Co eon 6s,
Cimu Phlla Klrc Is
eiso Itewllnir sen 4s. .
Inc, i'l. est. Inc.
Ml !S)U fll4 !H,
43' !s 411, ill's
41 4'.' K 3
ii i:'i 4. :
47', 47', 47' 47'i
:i 'i st :i
6 ', S7 t!S
! i i". si;
r . i.'1 i' '3's
;7 i; 77
i.i'i m'-i tsw iaij
Ml. Si's Ml. Sl'
r..' r.2S us M;
.Tj vv, i7ii-4 ::t'n
HI III st st
0 Ml 1 S)
,n l, 70 li-I'i Til Til
il in 40 40
. 4', l'4 4 7-1s 4 7-1't
. 7s 7 ll-M 7'., U li
Si', KJ'. K KH
41 4R 4 4S
3J S9 ?'. JJ
IS.
s3; ; .' Kt;
lOt's 1011, K'Hi lOt'-j
7S 7s 7S 7k
mi Ot'.i t7'4 Krti
, U f C 10 un
VI bl Ul Ml
, It 74 7 7k
M; ou ti :.
. W's NT M t'.
Kz dividend.
AekiiniTleduiiient .Vot .Mnde.
nnii.t nau oepii uppin ' ,r,' tie was noi preparea to uo anyiuiiis
lth the "ln !. uLeou,-ht on'y Tar- 'n the matter of ii receiver here that might
rnr.'yUCanJi,'tbrf.- rV 'plemy'f -ood ?Sr - Interfere with the work of the New Jersey
keys to tfo urounil at ine prices iui receiver una usaeu too uiiicnu reprcsenia
t,reims day. Nearby .stock os easy, as of tnn lH,mpnny. other than Alfrei
as th- es.erti iiry P'CKea. ."'''- Hoadlev. the petitioner, if they wero
will 'probably gu Into the cooler. Next week prepnrcd to acknowledge bankruptcy. They
ilieru "ill e little trsdlnr From lids on ,t,i not ,,0 nckno ledge. The case nray
ihe bulk or iho poultry will '' "J"'0,. ,'r bo resumed to-morrow or neott week.
h'uN'fe 11 nmds upnaront yesterday that
rct follow. Turkey. fm-y l)Uwarf, the tlKht tho Hoadleyfi are muldnff Is
Mr 'lanu, innn ' mim, 4-'.-. v largely inr ine jmi jwjoo KcrpiriK ui"
TiVW1' f-hietenV' We'Jterii &mlik fed" ??o Hoadley family grip on the American and
"."lU? 13 ht l'"'. VsiVssr?.'! wrn fed. 20 llrltlsh Manufacturing Company, tho
"Si- i inllk fed, 4 lbs., ic , mixed weights, principal subsidiary of tho International
IHMI'.ie,! Philadelphia, fancy. 1 lbs. each. , , . i.e agei of value. This Is n
sst -Uc. broiler, .tin ::c.i Miehisan. scs .men. concern und Is said to be a sound
one. It snowcil surplus earnuiirs ror ine
foppt'i- -uld estmd.iy at 12', .et.ta
cash for I'.bruary ileltverj. This
una coniiletvd the tlilrty day nnilt i
lent of about 13 cults and is thu lnwest
livel rcportcil for salts since tli metal
lalcl touched IS V. cents. The dem.inil
for copper has f .1 lion Hat, as Is ulu.ijri
it,., M, e.ti...ti- . 1,.. t.,,,.i,- ...
m.iii ti,n.,u,.... UJt... ..... i,.i...- ... ! M, Klllley
are for account of the smaller' intwe'ste. S'if "miric:;:::::
There was belief among producers a ew flallte
fortnlirtit ago that eontier would dose ! Nevada Pnuclas
lives of tho company, other than Alfred ( the year strong nt 1 1 cents a pound, but "n.-eo
Alvarado
liar Male r,a
1 llenle
i llohe.iila
lioston Kly
i Until' ii Ixindon....
I Calaveras
! t hief Cins
' t'etis Crtpiier
''ottet
Crown Hetirve....
llal.IUly
HoKle Illtiebt'.l...
Klr-l Nalional
inldtleld Cons
llniulitun
Iron lllossoiu
llo.:
M iji nin
j ii,.. I4e. I'n iv e. 12 to tiox. western
it.s. and over to dozen, 17c! dry picked. 6
IPs. and over, lie. Old roosters. liln
Miuabs. prime whim. 10 lbs. to doien, II if.
Ii lbs.. 13 7irl. s lbs., Iltfll 75; darU, II 50
j , 1 . 7 r. . ilulneas, eprlnr, 3 lbs, and over,
pair. S6''i7uc.
I, lie Stock Market.
THI'ltKPAY. December it
Itilcelpts of beeves were 140 head, Including
a ItiKle car of steers for ths market. Keel
ing nas steady tor nil sorts and graden nf
live cuttle. Ordinary to fairly good steers
sold at 17. 30UIS, nO per 100 lbs.; bulls and
eu a nominal, Dreeeod beef quiet, with city
dresied native sides stilling at UVitflSc.
per IK: exits quality at UHc
Receipts of calves wers 301 head. Including
UU for the markut. 1'rless wsrs steady and
the offerings were all token Common to
fairly good veals sold at I7H1I per 100
lbs : culls ut 16. City dressed veals were
nulet at 13mjt7e. per lb.: country dressed
at lmifioc,; dressed barnyard calven At
SWlO'ii.
Itecelpts nf sheep nnd lambs were 5. SOI
head, Ineludlng l' cars for the market!
and counting the stale stock there rere t
cars on sale. Keeling was steady lot sheep,
with a IIUlo undercurrent of tlrmness for
good latidis Tho psns wero not quits
cleared. Medium to choice shsop tewes)
sold nt H, 75 W 11.50 per 100 Ihs. ; ordinary
to fairly sood Unit's at I7.S0 Ir b : yearlings
and mixed stork st ICtftDSO, Pressed mut
ton quiet at S'.ttltUM best wethers, lls
lie.; drersed lambs alow at K'JlUjc; a
few hog dressed. ISc.
Itirelpta of hogs were 6.60S head, all for
slaughterers, except a few head. Keeling
steady and heavy tn light weights wers
mint ubtc at t7.76UI7.S0 per 100 lbs. ; roughs
at Idtfls.SS, Country drssssd hogs steady
at llHOtici roasllug pigs at li(J17c.
.1.1. 1. i . - ... .... . Ulllll
ion in euii-iiou iviii nave in lit- revieisj, p0mn Lake
a.1 the closing week Is not expected to i.tejrt . .'..'.
bring forth otders of cpiant'ty, manufac- ; t'nlted Verde..
Hirers not desiring to c;irry largo amounts '!""' ems...
of copper over thu ear end In their In
ventories.
THE COFFEE MARKET.
The coffee market was steady yester
day, with prices at tlio close 12 to 13
points lower. Prices dicbned slightly In
res-
Did. Asked.
.is i .
.1.1 .11
1 Hi
l's I's
:i m
.93 .X
7S V
l's "4
.11 'n
.73 S
.iiti 7o
l
t VIS 1 S-I
1 7-l 1 S-H
I'S
W 1 l-li
,7n VI
.17 V
JA ,i
.H .1-
:i 3's
ls 'S
fS '
.SO Kl
.11 II
4H
1 7-l 1
I'i
W 1
: 714
..i.in i. enHe.t 1919 nf S94.n71 and a 'he cuny trailing tiniiei llfiul neilge p:
11.1 nrntlt und loss surplus lit thit end Bure and sellliig Increased t. ward tho close,
of that vear of J SS41.S9S.
H manufactures guns, ammunition
steam and oil engines nnd motors In It"
two plants, the Corliss Steam F.nglne
Works, Providence. R. I., and the Ameri
can Ordnance Works, Bridgeport. Conn.
Sweden I'xtenda Moratorium.
Ixinpon, Dec. 21. Iteuter's correspon
dent nt Stockholm says the Hwedlsh (lov
ernment has decided to continue the
! moratorium for foreign debts until March
1, 1915.
THE BALTIMORE MARKET.
tlAl.TlMotiK, Roc. 24, To-day's trnd'tig
was light und without feature. There was
no afternoon session nnd the exchange
will bo cloned until Monday. Tho sum
mary: Opon- Kith- Low- Clos-
gales. Inc. cat, rsl. Inr.
I Maryland Caauslty, KiVi
n Northern Central,., fl',4
33 Unl Itys II ia V,
DOND3.
tMl A C I. of C es 'JO... w
COisl City Halt 4s 'si 1.. Us
5ftV) con power 4ts
:iiki Kiruy Mimoer ss.... sj
KsXi Unl Ul a at E 1st 4a. 1144 MS
VrS Uld Itys ft luo 4s. 4U e)i
8114
M'
eft
KlUj
hi',
A
KtH
M'i
90
!
S3
rn
M .
K
"S
mi
wliU'h tended to d press values further.
Thero was some buying noted on thu de
cline, however, which served to check thn
downward mocin nt Tho rule of Hlu
exchange on London declined to 141 l(il.
ltrnzlll.tn iiinrkets were Irregular, ltlo
No. 7 was iim-hanged at U150. Santos
No 4 was 100 rein lower tit 4 $ T. 00. ltlo
mid S.tntts ri c-lpts tot llled "3,000 bags,
Sao Paulo had Dh.noO anil Jundiahy 43,000.
Prices wero:
IVetr
llltbest. Loest. Closlnr. Cloee,
December
January
February
March
April
May ,
Juno
July
Aiuust. . ....
September
October ,
November
3.C3
i'.ii
s! 40
7! 6
t.aa
7.13
7!)
t, .
II OS
6 U
.V4
li 33
11
;.i:
7.. 1
7. ill
7,;s
7.41
; 10
0 M
i
7 s
6 n:
t, 4S
C'Si
7 74
7.34
7 40
7.17
7.t3
Dressed Christmas Tree mid Died.
Hast Ouanub, N. J., Deo. 24. Mies
Stifcun II, leunrr, TS, bustled all day about
Iter home at 89 drove street, North, get
ting her Christmas tree ready for tho an
nual visit of her niece. Miss Julia Crosby
of 424 West Twentieth street, New York.
When Miss Crosby arrived she found her
aunt sitting motionless on tlio stairs. Bho
had died of heart disease,
Yukon
THE CHICAGO MARKET.
ClItrAr.o, l)e 24 Price movements
wi re unimportant in this market. Scar"
showed a tmall recovery from the carp
quotation", whllo a steady tono prevailed
In such isbues a-4 Peoples Gas, Swift and
Pacific O.LM. llondi neglected. The cum-
inary i
Oie.V Hlsli- Low. Clos
ales. In crl, est ini
tio Am Can :i tl '-4 v
i; Chi Pneu To.il M fii, 0 ; V,
liu Chi Ily srtes 5 4. H .s
if. Illinois P,-ick Hi b.. iir, C4
1) Paeifle Oaj 4.' 4.' 1. 17
tf. Peoples lias nci, UH'4 lliiU llrtt
3 Public Sftwlie. .. Tt! ! 7,1 7S
lu guuker Oils pf .. .10..4 ioji, 10.114 ioSV
w Srars-Kcthuck ....177 17i"-s 110 til
Pears-Itoe pf Ul 131 121 lit
li; Swill Si On . ... l-li 104V, 1041; lost,
W Union Carbide. ., 11: 113 Ui 141
110JWS,
.i Swift t.s MS 4"s MS Wk
yttt Com Bdlson t. . 10.W, l'it; lisp, jet
S' Mel 4e 7f.hi 7tti 76S 7JS
THE PITTSBURO MARKET.
PlTTSuuno, Dec. 24,Oruc1ble Steel
pointnoti wns lower, closing a half point
down, at 11 Union Switch gained
The summary:
Onen- Iilrh. Low. Clos
auies. in. ei est inr
yo ururiDin teei in
21 Indpt Urew pf tPi
CO Mfrs L II to
810 Nat Fireprootlnr. .. 5'i
44 Oklahoma Nat (las li
W litis llrew 'i
10O Pure Oil 15's
ttnlon Bwltrh 10014
46 Westing A D 12!ii
U Westing Elect
SO Wcstlnrb Elect pf.. HV4
US
as
u
Ms
14
OS
US
US
SIS
i0
" 's
f
us
us
"IS
)
"IS
Itsm IOCS lorni
ltiv, i:s UPs
US 33S H3V
ti'.i uvi m