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ttlHn'i I ) u T--1 wiw'J'i' STRENGTH OF'ROGK ISLAND BONDS IS AGAIN THE FEATURE EVENING LEDftER-PHIKADEIPHIA-, SATURDAY, DECEMBER B, Uli. " , .." .' ' ' .1" '' ' ' ' ' .iiiii. 111 M j , , , , T NEW YORK BOND SALES Issues Attracted Increased Attention in New York Trading Today, Making Further Advances. NEW TOItK. Dec. S. Tratllnc In bonds toil tlie floor of tho Stock Exchange today (was active. T ho tiers stent buying or tHocK Island bonds, which was the feature i of tho trading yesterday, and wiiicii wero ; strong, attracted Increased attention, f mid further advances wore made. rer- ffcctlon of arrangements for the reorgan ization of the properly and the talk of 1 ounositlrti to tho Wallace Committee, : which Is calling for deposits of the 4s, :as attributed as tho causo of the : strength In tho bonds. 1 Tho collateral 4s of the Chicago, Hoc Island and Pacific, the old company, and Milled i-lnnr.1 Inst nlaht at JM. roso from tho opening prlco of 23 to 23?J. Tho Hock Island 3s, which opened at KH4, advanced to S6'5, closing at 06. Another strong fea turo In tho trading wan Southern Pacific 'rniueitlblfl Ss. which opened at 31'i and sold up td 95U. closing at 65Mi. Changes In other Issues wero unimportant. ', The fact that American Can and I-chlgh Pnlley stock and tho various liocK isiana Issues advanced In unison today was taken bv Romo to Indicate that tho Iteld Moore Intel esls aro again active In tho market. Mock Island comtndii became active, advancing neorlv a point to Vi. KinrVn Imvn also shown improvement from clay to day, with tho traction issues nWinff n nmmlnent oart In tho dealings. Many stocks aro now far abovo tho Stock Exclinngo minimum prices Banking Interest was devoted today to. tho changes In tho foreign exchange mary ket. Sterling exchange was demorallred, demand selling at 4.8Tft4 S914 early In th. week, and cables sold at 4 88, against a high prlco of 4.60'i, In tho first few days of the week, t. it In iv matter of comment that the de- F'mand has disappeared, and tho bellof pro- fvatla that alt remittances for ueccmnor havo already been arranged, while the mnrket Is now flooded with commercial bills against exports of cotton and various commodities and foreign purchasing agent credits Itelchsmarks, on the othor hand, 'wero strong, cables selling at 87M. against S5H on Tuesday The buying slnco tnai date Is attributed to steady sales of bonds here for German account. .WOO Amir Small Pe 9s lluuo Amer Tel clt 4. . 27000 Amr Tei cvt 4Ui. vy jirmour uo -t'ta . . w.. 20q0 Atchison cv 4. ltKSO. . POM .101.10 Atfhi.on 8. .... . PjJ SWO Allan Co Line ctl 4a. . SOW iouo ui a Ohio ai. .... mi TWO Bait Oh 6v 4Ma ..i 84 2oo li ft o p ij n twv is sou 2uw neth Steel 1ft M...... V (IIOHO Ileth Steel fd 3a...., . 8Sft 1CH) Brookn imp Tr .is 118,I'J 4W0 Cent da com Be 100 WTO Cent Leather 1st ! . !7 8000 dies A Ohio ovt 441..6J aiimiq chic ntu Joint 4.. IMH l rale li A gen 4. High. IxTf. Clot. 1U. &. $ M l WlM "IB HtU Join H Q Ren Ml) A Bt P I aid lll.ln .11000 Chic Mil A Bt P U 4a. S3.. 17000 Chi M A St V CVt 4W l31 ..iwu i M M A m i" Ron i ni 1'KH) Chi n I A P col 4..., 25H iKVrt Chi R I A P col 4a rid Vi 1000 Del A Hud rfd 4s ,., PI lono Urn A Itio r 4s .... 73., (K0 Ml Secur Corp Si . . B3U 111(10 Flu least Co 4H. .... 88 "iCO deneral .Motor (la,... 1000 til Central rM 4. .. 2oon Industrial At Rs . . lixioo interh Mtt 4V4 linno Interti n T rsf ft . iono UcVn Rteel J, 1015 POOO do IBM Miy trlllnrd r UIPO till T CGOO Minn A Bt I. 4 .... 1000 Mo Ksn A T 2d 4t.. looo jio Kn A T rra u. rttxi r n 1 II u . . 2000 N Y C A Hud 41.....??., n v rn ifii innS tcot 1000 N Y City Vie My '87 03t low N Y Oss II A P 4 ...8?M 1 lCp N Y (1M HAP .Vi. lcow N Y Itny ref 4n . looo N Y Ily dj B... 8000 Nor Pc prior 4s . 1000 Ore Shore li.rtt 4s S5l Penna cv (H4 .. . lot IP' Ali so .WV4 1KI Cll I I H .1(1X1 fin 4 a ttim 2O011 Pay Con copper 0 11Q00 neadlnf gen 44 . ... inoo Ho'k laland 4a . .. SOOO do rrd 4a . . .. 3MH1I do 5a MOO Praboard A 1 adj Ba BOOO Bo Fac col 4s mwi uo I'ac cv ....... c BtOOO Ho J' cv ret f p 6a 1B34 PI 4000 Bo rc rfd 4a ... won Bo Ilwy ten 4a... 140OO So P.Mpy con Ba .. lnooo Texas Co cv (la... FOOO Third Ae ref 4a.. 1000 Third Ava ad I Ba lOOn U 8 Itenlty Ba ... inoo U B nubber a.. . niCKiO U 8 Bleel Bi....i. lsoeo Union rac lat 4a . 10i0 Va (la Drown Ilros FCOO West Md It 4a . 110O0 Wrat K A M cv 3a, 1000 West Union Ba TRADING IN WHEAT OF LITTLE ACCOUNT IN CHICAGO MARKET Prices Easily Influenced by Moderate Transactions and Keep Within Narrow Range. tnv, 4i. in So'4 B8 7 1 .101U 101V1 loo ioo . $V OR lfll 100 114 i "I, "i B(l BOW .143 B4i OS PS STOCK EXCHANGE DENIES REPORT OF REOPENING IJ7o Meeting of Board of Governors to Be Held Monday. NEW YORK. Dec. 6. Reports that the INew York Stock Kxcnango woulij open Inext week, wMcly circulated In wall street today, brought tho following statc Itnent from the Governing Committee of he Exchange. "Tho plans of the committee of five to resume dealings In stocks on the floor of I tho Exchange havo not been consum mated. No meeting of tho board of govornors has been colled nnd nono will tbe called until the plan Is perfected." One clrcumwtantlal report, sot at rest f by the board's denial, was that the gover 'nors would meet Monday and that the Exchange would reopen, under restric tions as to minimum prices, resembling those under which trades In bonds are L now permitted, about tho latter part of the week It uaa not denied by gover- fnors of tho Exchange that an early re- ; opening was being considered, but It was Insisted that arrangements havo not yet i reached a diflnlte stage. LOCAL STOCK AND BOND SALTJS 10 io 10:30 A.M. 4 irnlon Trac. 30J4 02 Tenna .... B!l 100 Ton Ilelmont. 4K 100 Ton lllm... 11-10 3ft KlM Storage . 40 2ft Key Tel pf. B do 40 10 Lehigh Va), 10 Panna Bait... 01 10 do (IB Union Trao... B0i T do T Penna B2V, 0 do 40 do B!j 12 do 14 Phlla Co aop, PO 2B Key Tel pf . MOO Interstate Itallnaya 4a SOOO Lchlph Navigation 4Ha 10:30 to 11 A. M. Il pf.'.. 60 Val.. . 9 BflH B-lJi CHICAOO, Deri. B.-Trado In wheat wag unimportant today. Prices were In fluenced easily by moderate transactions, and kept within a narrow range. Export business wa comparatively light, as usually Is expected on a Saturday, and speculators wero disposed to curtail com mitments until the opening of another week. Export houses report no let up In tho Inquiry from abroad, hut In vlaw of the continued light offerings from the In terior are not accepting bids freely. . CaBh sales Wero 14,000 bushels. Futures closed to lie. higher. Corn was dull, with nrlces not for from yesterday's cloilng. Tho llttla. export business done was all-rail to seaboard. Tho new crop has sufllclent moisture and Is doing well. Thora was a little hedging of December by cash houses. Cash sales were 130,000 bushels; futures closed un changed to Mc lower. Oats wero dull but firmer. Cash sales wero lOS.oou bushels; futures unchanged to c. higher. Provisions ruled lower on a dull trade. There was little disposition on the part of packers and longs to sell. Investors wero dropped to Increase commitments. SHARP ADVANCES IN UNITED GAS AND COAL SHARES Lehigh Valley and Lehigh Navigation Score Sub stantial Gains in Philadel phia Market. RAILKOAD EARNINGS Low. Closo. close, leading future ranted aa follows: Yeiterday'a vneai upon. iiiKn. Dommber .. 1 HIT, 1.17 May L21' 1.21H Corn (new delivery) December . 04 (II May U0H 0014 Oala December .. 4R 4SV May BSVi 62( im . 0 7B 0.75 0.70 '0.70 P 7B .10.00 lo.oo ess ao.DS no.oo LAW, .IUS9. tlHBC, l.lBJi 1 17 1 1J4 1.214, i.2i)i u atW all 4RU B2U my 03 Y 48 62Vi B2VJ mw OJH B2 tU Conn S S... OSV S Tenna 10 Penna . . . B2H 10 U Q Imp.... 10 T.iMilgh Valley nvi 13 do IS I'enna S2tf BONDS. SOOO Peoplei rasa llwy 4a 11 to 11:30 A. M. B" H2 82 BOM 3 renna ... SO U O I... 100 Ton Dol , 170 Ton MIn . B2V ,: 8& 71.16 (I United a Im. M 7 Penni ...... B2 V B Penna 7. B2 22 Tenna .12), P I'enna BZi IOO Ton MIn t .1 do 7 10 tl o I Ria; doing ahrd ah ahrdt thrdl chm cm cm cmtw BONDS. feated Walker Cochran BOO to 1SR In a Cham- 11.30 A. M. to 12 M. B I'enna 32 10 U a I aiW 2 U CI 1 82 H Loh Nav tc. 74 B leh Nav 74 10 U a I 1 00 Loh Val. . . (tl'i 12. Cam St acp in ! K t ic. 10 Ton B Thlla a Loh ?PH ji MIn ... 7V1 Trac... VM Nav t c. 7315 January May . . , nine January My ... Pork January Muy . . , Jlld. .... 0.77 . ...10.12 ....18 20 . . . 18 02 fAakod. 0.77 10.12 1R.27 18. (U 0 70 0 70 40 80 10.05 110 05 M0.12 18 10 18 10 18 IS 18.47 1SBJ t!8 00 FINANCIAL BRIEFS Charles today. M. Schwab sailed for Europe BALTIMORE STOCK EXCHANGE Business Resumed Today, With Prices Firm. BALTIMOItC, Dec. 5. The resumption of business on the Stock Exchange here today found a good attendance on tho floor. Trading begnn at 10:30 and quo tations were almost uniformly above the limits established by the committee. Tho absence of liquidation created a very favorable Impression. NEW YOItK CTJHB QUOTATIONS NDW YOrtK, Dec 8. Cloalnj quotations on the curb were as follows: INDUSTRIALS. Bales. t. American Land T. t, ao iairirei k... Br Am Tob ordy 300 do bearer GJi ..,.. Ilouaton Oil ....... Max Motors i...... do pref , ...... do 2d pref lQOOOlllker & Hejaman.... 7i ,.... Havoy Oil ,. ,. 700 I'nlted Clear Bt new.. 014 .,.(,.. Ln Cs Bt Co of Am,, .. k. i. ! do pref 4500 United Proflt Bhar C. IBM 10 Willys Overland ...... 78 a.ii, do pref , .. STANDARD OIL SUBSIDIARIES, aX WS.A1' " .14 .14 j uneiwVf 4,ij,.,.v."::::ns S Creacent P It..,.,..,. 42 I IB Indiana P h,....,.i,.10O I BO Natl Tranilt'." ,.,I, S8 TO Ohio Oil ..,.!.,.,. ,.isa i 1 Pierce Oil new. .. ',. 14 WJ PralrlerO& a...":"4IO 40 South Penn Oil. ...... M 40 standard Oil of Calif. .! J80 Kantucky ,,...2HB 2 giandard Oil H J .. .404 100 Ftand-trd Oil N Y....210 10 Standard Oil Ohio.. .410 MINING STOCKS, Illrh. Low. Close. no lus to f !"' u OJ 10J 13H 7H LONDON pp'pc; STEADY Plans for Sotuumuu on Tuesday Unaltered by Exchange Committee. LONDON, Dee 5 Announcement was mado today by the Stock Exchange Com mittee that tho general arrangements for tho settlement, commencing next Tues day, when the settling room will be re opened, will be unaltered from the last plan Hates for leans, and ccntangocs wero ngaln fixed at 6 to 9 per cent. Trices for securities in the street were again steady. The attendance of brokers was Bmall Consols were nominal There was much grumbling on the part of trad eia who bought consols early last sum mer because of their Inability to sell them. The new war scrip was quiet An advance In expected next week after the payment of the flrst Instalment on Monday. Steadiness characterizes the American group. There was buying of Union Pa cific. Canadian Paclflo resisted the poor earnings of tho road. Mexican rails had a Hat tone. It Is understood that the Government Is Indicating a policy for the gradual reduction of artificial credits from now on. Tne Bank of England was a light dis counter of pre-moratorium bills. Hates for loans were easy. FEDEHAIi BANK STATEMENT io?. 1-Vk 78 805 117 4J 109 as 16H "J 461 2l 820 JiU M 4 10 000 111 4.' 1WI as 181 UK 461 :m stu 404 8(0 Ilradcn Cop. Kifi Caribou Cob 8!i 'invtin vvyte a' BOO Worenca 07 800 Ooldfteld Cona ..... 1 ... Oreenwater C 6 -J29 lUll'ax Tono ........ 41 'JSS2 i.uft. SR 2 0-18 .Jf00 Klnley Oarragh .. a 18100 Oro IS i?& 3JWV.' - -. J W8 weat aai Sens , 69 62 el14 o at BK 41 21; iw 13 n a o an 13 80 63 Gains Made in Cash, Loans, Deposits and Circulation. Small gains In cash, loans, deposits and circulation were shown In the weekly statement of the Federal Iteserve Dank of Philadelphia for the third week of operation, ending yesterday. New high levels were reached for all of these Items. This week's statement compares with last week pa follows; RESOURCES. Dee 4. fjnv 9T Rnld coin and ctfs. 117,491,100 00 fie,603,631.00 Lecnl tender notee. liter cite, etc.. and !.032.8S3 04 808,808.14 Beiliacounta loans -. . . Duti from banka, eto. LIABILITIES. Capital paid In,,.. fZ.087.S47.74 lPOlta 18,317.034 40 redrrul ruervi notea la circulation 71B,7(3 00 2.018.T22.SS pioonooo B9.01IJ.7a II.0SS.I14 41 18.J24.I23 UT 491000 00 "ExBlATrShbT IUAO. j... w. Consolidated and New York Stock Committees Cpnfer. NEW TOHK, Deo, 5. The Committee of Three of the Consolidated Exchange of New York held a conference with tha Clearing House Committee of the banks, and at tha suggestion of the chairman of that committee held a conference with the Commutes Jf Five of )he New York Stock Exchange, at which an agreement was reached that both exchanges should ppen. at the same time and. If possible, under tha same rules of procedure co-operation of tha financial and exchange in terests being deemed essential at this time, The New York banks lost $3,357,000 to the Subtreasury yesterday. A bid of 52200 was made for a Chicago Board of Trndo membership. The Glrnrd National Dank has retired $190,000 emergency currency at the local Subtreasury, Tho Bank of North America today ro- tlred $100,000 cmorgency currency ut the local New York Subtreasury. The gross earnings of 38 railroads for the third week In November show a de creaso of $3, 432,965. E. W. Beatty, general counsel for the Canadian Pacific Railway, has been ap pointed vice president and general counsel Indicating the volume of business trans acted on the New York Stock Exchange, the transfer tax for November amounted to S(5,&53. In order to keep up with orders, the Petroleum Iron Works and the Pennsyl vania Tank Car plants, at Sharon Pa., have gone on double turn. Sidney W. Keith, formerly with K. B. Smith & Co., will hereafter be connected with the uptown offices of the Pennsyl vania Company for insurances on Lives and Granting Annuities. Commercial failures this week In the United States, as reported by It. a. Dun & Co,, are 433, against 394 last week, 474 the preceding week and 331 In the corresponding weok of last year. The Pennsylvania Company for Insur ances on Lives and Granting Annuities will remove Its uptown ortlco from the Franklin Bank Building Into Its new quar ters In the former Tradesmen's Trust Company Building Monday, Ira M. Cobe and V. A. Delano have re signed from the Chicago Elevated Rail ways collateral trust The trustees have reduced Its governing board from seven to nve members. Mr. Cobe has alsd re signed from the executive committee, His successor has not yet been seleoted. Sales of new Issues of municipal bonds In the United States In November, ex cluding temporary loans, amounted to 517,661,123. compared with tlt.SI5.4Z9 in Oc tober and 530.70S.eS5 In November, 1013, For 11 months this year the sales amount to J434.HH533. compaied with 358,G11.4'Jd In the corresponding period of 1913. On December 1 there was a total of 53.630,518,232 in circulation In the United States, according to the monthly money circulation statement of tho United States Treasury. This was 585,301,074 less than on November 2) and J193.JSS.413 mors than on December 1, 1913. For the first time the item of Federal reserve notes appears in the December 1 statement, and It shows that 53 310.000 of tha new currency was In circulation on that date. A sharp rise In tiehlgh Valley was the feature of tho trading on the Phlladel- pnm siock .uxenange today. The pur chase of 65 shares served to lift tho prlco 1, to 63'. United Claa Improve ment also scored a substantial advanco, selling up a full point to 82 on odd lot transarticna. Tho volume of business was small both In bonds and stocks, but the genera) tone was distinctly firm, -with Investment de mand In evidence. Pennsylvania. Key stone Telephone preferred, Electric Stor ngo Battery, Pennsylvania Salt, Union Traction and Tonopah Belmont were all well taken. The report from Harrlaburg that the Philadelphia Electric Company had agreed to make concessions on ratee to be chargod for the 1915 lighting failed to affect the price of the stock. Lehigh Navigation moved up to 74 and retained most of Its gain to the close. In tho bond division some rather wide changes occurred Lehigh Valley Coal 6s declined J!i to 103 and the Lehigh Valley General VjB were down 2'4 to 95V5. On the other hand. Lehigh Navigation 4&s moved up a point to vs. The nnnual report of tho Philadelphia and Western croated a favorable Im pression. For the fiscal period ended Juno 30 gross receipts were 5371.S57, nn In crease of 174,703 over the previous year. Net earnings wero 5163.480. a gain of Jtl, 118. The net Income aftor Interest, etc, was 314,376. The announcement that on and after Monday next trading would be permitted In American Can, Amalgamated Cop per, Interborough-Metropolttan common receipts, Norfolk and Western, Union Pacific, Southern Pacific, Central Leather, United States Steel common and pre ferred and Utah Copper on the local ex change was greeted with enthusiasm by local brokers. Of course minimum prices will be established by tho committee In all these Issues. CENTRAL RAILROAD OF NEW JERSBT. inn. October grot 2,(M8,B70 Net ... ... .. .. .... i.htiws Four month vm .... Mini rit ftsi 7TJ Net 4,8111.145 377,780 RUFPALO, ROCHESTER A PITT3BUHOII Fourth week November. $21S 271 i Wfl oiontn .. 744.T0Z rram juijt j. .. ., . ... 1,UV4,B1S TnXAB PACIFIC, rourth week November.. lt)4 S!0 From July 1. 7,S(tf,oso COLORADO SOUTHERN. Fourth week November . Uni.'fll From July 1.... .,,...,. n.240.673 ST. L0UI8, IRON MOUNTAIN AND PACIFIC October grots, l2t),Kon jn.lil Net . M..124 7,a7l MINNEAPOLIS, ST. PAUL AND SAULT ST. v . . JVIA1UH October groaa $2,177,070 Net . IW00I2 Four months groM 7 in n-n Net , 2,632,123 CHICAOO DIVISION October groaa $nl2,ixia, Net 207,0-1 j' our monina groas , B.(J8,732 Net 1,131.0.12 NORFOLK AND WEfiTERN. Octobeiv- Operatlng revenue M.BIOW! R3nni ? 1,111,010 380.070 Increajo. 244.843 UiS,M7 121,fi22 411.01U 17,030 112,417 23.7I0 00,321 211. BIT 7S.B0J (!"1,B"4 W.4IRI 144 .121 10,876 PHILADELPHIA 3MARK.ETS GRAIN AND FLOUR DecrcftSft. Iffi demand fair and valuta nrtnly maintained 195,401 J. n revet, t advance Quotation t ar Iota, 8.1 070 I Iiyrt H1pr No, 2 red, not and Decem- 1.28 No. NortTi -JMV, !s a- fi .a.... ml anaiiUl Northern thiliith t1 oniXHt ?mu. ia, c:.V ""eipiit, w.hb Dunnein Treat SS5MXj.rlc Im-11 hld- orrerlnus light H"?!tl0i Car. Iota for oca trade. a to market firm imifitf itnU. Jit t. Jia". 71VL dominrf Vi, ;:.".' ''BUu,JLcri',B "?-?. r 9Xt. V,hite- wK,Wc.j No. 3 white, SJJ i ,ii'.t,i?'f lpf.iM?s bbl" "'' 2-3W.-tafnM ,i?( ?, '" lmlt. steadily main lha in V.Ltra1r.ti"let- . Quotations per 1B0 it?ilihf i-SSfnL1""' clear. 4 711 liOi do., straight, tm&to) do. imlent. 5WiS.7Ai Kan! airaiKiu. Jute Mela 15 205 40: do. oat IS Urn0r4VW ? "liraTclSar: MtV. !i!ii,5y0i rt0' 'aor.te branrte, n(lr,0i rn in1 J' -c"'rf '"Jj'snt-y patent JiSinno J?U.M", f'nular rade.-V nter, c ear, f 1.7.4 0jo, do., straight wsa.23, do, patent Kw NEW YORK BANK STATEMENT in Surplus Decreased $0,031,800 Week; Loans Larger. NEW YORK, Deo 5 Tho weekly state ment of the average condition of tho members ot tho Clearing House Associa tion for tho week ending today shows a decreaso In surplus reserve of $5,031,800. compared with tho previous woek. This decreaso was probably duo In largo tneasuro to tho retirement of emergency currency and the payment of special revenue taxes. Loans, on the other hand, udvanced $12,302,000 nnd net demand de posits wore $6,165,000 larger, while net time deposits wero $1,270,000 smaller. The ng gregate reserve decreased $3,935,000 and circulation declined 57,601,000. This week's statement, which Is Issued In the new form to comply with the re serve requirements under the Federal reserve act, compares with last week as follows: Loana, etc Ilea. In own vita... tleeerve In Federal Reiervo Bank... Ilea. In oth. depoa. Net -tiemand depoa. Net time depoalta. Circulation Argregate reierra. Surplua reaere .. Decrease. !,1BO,012,000 311,11)3,000 OB, 008, 000 28, 584,000 1,037,528,1)00 0,I,SJ.1,000 70.7JO.000 444,010,000 127,302,1)10 12,302,000 8,177,000 020,000 3, 1(1.', 000 0.103,000 1.270,000 7,501,000 3,033,000 3,031,600 DOMESTIC TllADE IRREGULAR Export War Orders n Feature Mild Weather a Factor. irregularity Is tho dlstlnRulshlnir fea ture In trndo nnd Industry, according to Bradstreefs, nnd a plainly marked lino of dlvcrgcnco Is visible betweon exports and purely domestic trade movements. In export trade war orders and grain exports furnish souiccs of marked actlv. Ity, though cotton exports, despite furthor expansion nnd tho largest week's total since tho war began, are still far below a year ago. Demand for American prod ucts to be used by tho troops In tho neld Is In turn reflected In activity In favored Industries, nnd many lines are reported busily employed thereon, though a jarring nolo Is found In reports that foreign takings havo been exaggerated at some markets. Then, too, tho scarcity of nnd high prices for ocean freight car riage nctfl as a bar to fullest export ac tivity. In purely domestic trade tho sit uation Is not much changed from the previous rather slow pace. Unseasonably mild weather has limited retail trade, reduced re-order trade from Jobbers, usual at this season, and made collections. If anything, a shade slower than a week ago. Holiday trade, however, shows ex pansion. At the South tho additionally retarding feature Is the unsatisfactory price for cotton, which is lower, lth the holding endency, If anything, more marked than ever, thus preventing the liquidation of old accounts and the en largement of new business Building operations tend to quiet down, although open weather favors completion of mnny structures. Lumber Is dull the country over, but especially so In the South and In the Pacific Northwest, and scarcity of freight room limits foreign shipments of these and other heavy freights, such as conl. In tho textile tades dulnesn Is a feature In raw wool, and mills em ployed on domestic goods find scant work, with scarcity of material reported as a result of foreign embargoes. A growing cause of complaint In the printed cotton goods trade arises from reported scarcity of dyostuffs, foreshadowing a possible shortage of dyed goods. FIRST CONFERENCE ON RATE CASE TO BE HELD MONDAY I.f?d&Iu! dem'"l iQint. quoiat lone: Nearby and Weatern In eod, at 3 SOflll. PJIOVISIONS i-hTt8.. m?fket 1ull end without Important aSrt Jf. ,.v'.VJu..r','! c" beef, in aeta, smoked Imoi.Jr ttu-l Weatern Lrof, III aeta. fj?&i' 'O'Oc . city beef, JcnucVlea and ir2 ,"'. "mokt".' ."nd lr dried. SWSlc.s Weet-cr-n beef knuckles ami tendcra, amoked, :!) ni "v :; ill"JB' -w.a, pork, lamny, , ;(??"', 8 "... "" 1. 14014Wc; do., W",,A?" "H814C. do., do, emoked, 14(i &ni ,?or nnia, amoked, city cured ns to vIiU-n' H"5e IWfUtc i home, amoked, J if2Jc;t plcr' shoulders. 8, l. cured. iiSf'ti1"?.1?'" d0- imokod, 12,?nc . dpi isu'ffifL plClle, according to oeraire, loote. Ji7r?-1 ,.h"'ft bacon, aa to brand nnd wfi clly I"'?1 ""?-'Oo i breakfaet Ueon, nntt'T! eufOLl'MJlOc . lard, Weatern, re- n r.Ml.J1,.i".11. .,ar''' P"f city, ket tle rendered, In tuba, tU.eiUic. REF1NKD fillHARq H$U'Zr' lSf,M ffl"1' Stadlly held neflnera' lX,.tt'Sr., S'""?' srinulated, nise.. 5 roc. , nne USoC vuiiirninnBri' a f. . ranul,tod. 8 l6c : .oh lSlSi s FRESH KlUFTT; r,.!MSS,.1Silt Vi. ""hout . Important .: r -"mmiiM j iiu ph. imp Tin .. mna entec.M.Cendlo,B- M8"$ 7& ( .l-.J?, Imperial. 1 WMjif do . otbw i .ni.'"",!;' f". do, medium. . 'n55plM Wm. per box, JtOl r.O; WJ."!"' M ,'nnylnla. per ham- Iiraft5M'v28'!4' rrapefrult, Florida, per i S3?ilSi. Pineapples, par crnle, Porto s. fancy ate varletlea. rer bbl. UB LEHIGH VALLEY DP ON STOCK TRADING IN NEW YORK TODAY Advanced 2 Points Penn sylvania and Reading Off Fractionally Little Change in Other Issues. NEW YdrtK, Dec 6.-For the most part, prices of stocks dealt in through tho Clearing House Committee today wero unchanged frpm tho closing; last night. Exceptions, however, wero Lehigh Valley, which advanced 2 points, Union Pacific, I?candlngVanTIVan'a " "" AM The following tnblo gives the closing ri.T&r" nnd "L Ye.. Cloae. Illd A, cioae. i7i lu. 'it, 0 :fi UTU IO-I ,Tollfo ii'ref'.'.XItoi UemSt'eel"." do inot ... '." 2JJ Bruoklyn Rap Tr'T!!! S ?lyn .Unfin oai'.: iso1 Central Leather .,,., Siu ....1011 P.. 8-.U .... o .... OT 1!S A jaka Clold Allla Chal V DC American fan ",, do prff .... ". Am I'olton oil ..., Atti ltr kmii.i,l.. AS ft.'!" ..'. Pref." do rrer ."'"' Am Tel St Tel NEW YORK BUTTER AND EQOB NEW YORK, Dec. 8. Butter, market .VameaaJ.?,'',Sf'kF.ac,j;;v"m!ri.?f: aa y ra a uisuai KViiua. uvl;. . ! vmv ; tri. dairy, a P - Htatf inuiauon creamsry, 21O24V.0. 04 cai drt. Mil. IrrefuUr! rcipt, MM cast; frih. m(. kui-tuc, : iraan. u'JaL. "? nearby. bltaa. i5jelo.i nearby, mUed; ISO 43c j apcclal mark, 25c, r BAR SILVER Tf nrlta of bar allver In London today -waa prica In -u.4-40 pans., up lib from yeatardar. The BUYING OCTOBER COTTON Strong Demand Lifted Prices at the Opening:. NEW YORK, Dec. B. The features of tho cotton market this wornlng were the Btrong demand for October, apparently from Investors, and the heavy buying. Opening prices were two points down to four points up, but after the call the market advanced following tho lead set by October. Offerings were light and It was plain that the bears were timid about making commitments on short side. Liverpool cotton closed steady and un changed. December TOO T.0.137.0rt January 7.1087 SI Mann T3B 7.3J-CCT.J0 Hay 7 SI 1 SiUT it July T.IK1 T.74g7.73 October 7.04 7.00.... BANK CLEARINGS FALL Philadelphia Shows 1S.8 Per Cent. Decline for the Week. A sharp fall In bank clearings was re ported from the leading centres this week. Philadelphia showed a loss of 13.8 per cent, with New York leading the decline at 22.9 per cent. The table of comparisons follows: 1914. iou p. c New York ..11.825,310,187 ll.719.J0S.769 -S3.0 lioaton I hlladelphla. iMitimora 18.104.22.168 US, 616,010 31 303,401) Chtcaao .. 70.701.014 New Orlaani. zi 14O.N7O.017 -1J.3 104.704,878 IDS .14.OOJ.7S7 1.X 17.036.20.1 .l 0,&a,7I3 23,ZU,423 12.U Sevan cttlta, S daa 11,008,014,206 12,433,172,637-18.8 Other cltKa, 8 daya..... 337,714,803 633,049,843 -US Total ot all clllea for A day. 12,354.828.604 13,083.222.260 -1T.3 All 'cltka, 1 day 4B0.X07.26l B7i.32S.70T -18 4 Total of all "" citlaa for a weak .....U.034.T33.865 3,6a2.850,v8T 1T.1 MONEY RATES I1 ? Philadelphia. ., , 6 f3 New York.... 8U04 lloilon ,, .,.., .. .,,...,. 3 fld a , uu -&-.U irDID fCIiaraar. Ttim I thllari..lnhla -nmm-.Ml-l n...An lk .7. . w York waa 49. centa. ud tt cant. .li miStt.' mmturliu. Tu. tiii! X. !St lw Commerce Board Meets to Consider EaBtern Roads' Application. WASHINGTON, Dec. B.-The first con ference of tho full membership of tho In terstate Commerce Commission on the 5 per cent, rate Increase sought by eastern railroads will be held next Monday to con sider a tentative draft of an opinion al ready formulated by one member of tho commission. This member Is said to be Commissioner Daniels, although this could not be verified today. As the usual procedure will be followed In this case, an opinion by ono member, who has been selected to wrlto the major ity opinion. Is, at the first conference, only tentative. Discussion of the view presented, which. It is asserted. Is favor able to the railroads' contention, will oc cupy the attention of other members of the commission for some time to come. As a member expresses It today, It will bo some tlma before a decision is reached. "We want to have a complete opinion If possible," he said. All suggestlona ns to possible dates as to when the commission will hand down Its decision arc, df course, problematical, but It seems to bo the general consensus of opinion that It will be before New Year's. Ida, per at nox. Kirn berries. 1 hi ..JrV,c",J wBa coa' er'y black, per bbl , I304S do . do , do , per cratt, 7Bc fil.60: v;i,JoE.e5rvRr c"'f..T3citfl 28. pears" New .-.- t.vw .-', iu nuciuun. sio: no., ueurra aau, 12.SOU3.B0: do . Deurre d'Anlou. V3, " ""Chess, I2p1i do, Howell, J2 do , other nrletlca. 323. VEGETABLES .P.!nlnion.llr..rdt,,' but valuea general); steady. Quotation.. White potatoea, per bu.h. -Prnnayljanla. 0Jrt2c , New York, 43S2c; TliIto potatoea, Jeraey per baaket, tISOIOc 5w'.t.2t.t1?'' Eitern Shore per bbl So l'..tSP,Vni. No 2- l Bv?1 '!i- seets, Jeraey, per bbl.-No 1, .l3.3fl No 2. 21T2 2S, ejects, Jeraey, per baeket, 10073c.. onlona. ch- ce. per buah., C0(S70c . do. ordlnan. tier in.A..5Bc".11' choice, per lOO-lb bug, ..?' medium, per lOO-lh. bag. 8V vll do., aeconda, par 100-lh bat. 6on73a cabbaga, domeatlc, per ton. $8an: do., Danleh per ton. IUni.1. cauliflower. New York, prr fr'! T3c njl.23; aplnach. Norfolk rer bbl 73'Oo , kale, Norfolk, per bbl,. 40(?00c.i let luce Florida, pr baaket. 7r.c.im, do North Cniollna. per baaket. 80073c, beana. Florida, per baiker, $2-l 80. eggplant, Florida, per S?1. tS8!2-50' cucumber. Florida per barket. l 71f2 M, pquaah, Florida per baaket. 1 MJJ 2: eelery New York, per bunch 2.1043c.: .i.mwwiiif, tier -fl-iu. tnapKei. UC.U1.'IV. DAIRY PRODUCTS nUTTKH Tha market quiet and un enanired, with moderate but ample ortcrlnsf. quotatlona Weatern, fruh. aolld.packed creamery, fancy apeelnla, .I.V . extra, ."-1c, , J"ra . flrata 31032c., flrata. .10-B)Vic. I aoconda, 2S2Sc., ladlo-racked, 21623c, aa to quality: Sfiffiy Prints, tancy. fine , do . average, oxtra, .tb30c., do, flrata, SliQOSc , do. aeconda, 23& ..i...Spec,tt' fncy brands of prints Jobbinr at 41u43c. EGOS. Demand fair for atrlctly tine new laid atock and aluta flrmly maintained Quotatlona- Ih frea caaea, nearby extra., 404M20. per doz ; nearby flrata, 310.80 per standard caae. nearby current recelpta, $9uo(tlo.O per .landard caae, We.tem extra, flr.ta, 10 SO per cn.e, do, Irata, 39 0o10.20 per cae: do, sec onds, ST.20JT7 SO Southern. 0 eoitlO 20 rer Ca.e. llerrlaerator im. aa to nualltv 21 27c. per doa Fancy aolected cundlad do hr.r Chic. Mil a'bV Corn I'nxl Kef... . do pref .. .. . Distillers Securities. Qcneral Motora .. Jo pref Ooodrlch (O Kj Co do pref Ot Nor.ctf. orr rro aupccnhelni Expor. "'".""."'in'nss 7.1 Mi !:! 24 42 ..113 20? SIS 117 101 10814 110 103 14 88 41 80 situ 1.1. '7i IK) HO CO 12U Jn 01" il4 SI no so 3(1 23 It U7H llM wl lUllJ JO i) 114 102 05 77 8 .31 & 80 a ' S jag ij), 113 24 42 11J OT 23 TT Illlnola Central i(ii lwti jA4i. ,tAu, Inter-Mat vtrctte..... is" iYC ,14 l,X Inter llarv v r tx iA J? I?., Inter Paper ..::::" "714 "V a- HH 01 aa nrr Kans city South prof, to ijcieao Una uu Johlgli Valley l.lSJS iackayCoa .1 .71 NaUonal illacuit .... .120 National tad 4x :;" Au .uonirai.,,. si ... 1 . v vveai Norf & Weatorn ... North American . ... North I'aclflo . . ... 1'ncinc Tel & Tol. .. do nref renna n n lS'A . 00 . 64 . DM . 2(1 i.u tarn were lobbed out at 43tN7c. per doa, 21 fresh ullf.l'.SK Orferlnca were only moderate and prices were well maintained, with trade fair Quotations. New York, full-cream, earlier receipts, choice, 18c. 1 do., do,, current make, choice, 13Kc.; do., do, fair to good, HKClSc; do., part fklma, 84fl3c. ?T?.ple rP"- Chicaio'llilU Headlntr 138'2 muuctmker 34.' 341; Tenn Copper .:... in( sM Tixaa Co .;.;..12.l(I 1S" Twin city it t.;:";::: n I nlon Far & Paner nf. lai !"??. 5'no .-'.. :..iiai. a a .. viKi,r M'g - V S Kubbcr . . . . , 4(i ..oo lat pref no' "inn topper 4(,i Avpatprn llnln.. n, -ur We.tlnghoiia Fleo'!!! " Am Hide A Leather pf. 17 Indiana fitoel Co,.. .. . Chee & Ohio 42 do nrcf nuluth South Shore... " Homeatake Jtln .... . Can I'a-lflo 153 Union Pacific pref.. .. oourn i'aclflo 835S f.ii4 nnMil.M n.. ? nock Island ....!!!!!! Jla lat pref Inter-raper do prof 7 33U & no 121 125 " 121 125 '' toil 83 SIU 18M 10 lgtf a w if2 m BT 07!4 DS ITS Stt !? 103 10SW 10l4 n , H7t iia 8354 . H(f im iiuik isH 33 34 27 20tt 133 X24'J jjOH 30X 1SW . U4 111 111 W 42 424 k lis ria! I 41 4tt 43 M KliJ 58 J4H 4H lj, 10 01 . . . . it? :; : iwj jna jsti 17"4 4lltf 49 23 S3 JS 82H XOCAL STOCK AND BOND SALES GOVKHNMENT B0ND3 Uld. 2a 1930 res ?a Tan new Ba OStl 3a 10 IS reg .tiUH Si IU13 cou 100 i los cou Jps.U 44 1925 rag lOSU Asked. U7 100 100W MININQS STOCK QUOTATIONS TONOPAH STOCKS. Bid Aaked, Bid. Aaked Jim Butler . .p .15 Jon ueimoni jv j-. MacNainara . .03 .07 Ton Exten... 2t S'S iunar ' 'IT "" Mlmah Ext, lUontana ... .Nor Biar Belmont M 4, Kxten... 2t S' Merger . .40 4. Mining-.. 7 TW cue Eula. ,C8 .11 it End... .01 .6. Blue Bull . Booth UuIMoj .... c o n ... Comb Frao. Eamr u u. X)aUy 03 Florence ... 03 Fairy Altec Nov Hill... .10 .1, .32 Jit Ton .3D .40 Rescue .. .17 .13 West End. OOLDFIELD STOCKS. 04 .0(1 DoMfleld Bel. .02 .iz uoia con. .. ih .04 Uold Merger. .41 .11 Jumbo Ext.. 2V. it Kewanaa ... .2u .04 Oro II .07 Band Ken 11 .73 Stiver Pick.. .XT MISCELLANEOUS. , 04 OS Nav W'der. ..l.tO 1.63 .87 .40 .10 .(CI 00 ,u ,us LIVE STOCK QUOTATIONS CHICAOO, Dec 6. HOGS. Receipt.. H,C60, market 3c, hither. Mixed and butchers', J3 40 (JT.40I food heavy. 378T 40; rough heavy, SS.43l3a.0O. light. J0.303T.M; PUs. t3.40.B0, bulk. fS.SSST23. CATTLE. BKelpU. 600, market ateady, HevJ, 13.75010 M; cona and heifer.. 3 S0 8.25; atock.r. and breeders, 1 5030.73; Texana, 7.I5U3.10; Mlvta. 84JO,CO SHEEP. nacelpt., 1S00. market .ttady Na. live and Western, (3 604.10; UmtM, tLMtf POULTRY TJX"K. The market for desirable atock ateady under moderate offerings, but demand alow Quotations Fowls, llBlllc. old roosters 10? , spring chickens uccordlnz to quality, 11 12c, turkeys, HSWc , duck., 1213e, gerse, 1-JttHc , eulneaa, ynunr, weighing 2 lbs and over apiece, i er ralr (ile.; weighing I'WtW lla aplace, per pair, ROftBSc: eulneaa, old per pair, 40a : pigeons, per pair li'OlSc. nllKSHKI). Orferlnsa moderate, but am ple, and tha market quiet at recently revised prltea Quotations. Turkcjs, fancy, large, nearby, 2XW22c : do., do., Western. 20a , do, everaga receipts. XTiSlOo : do. Infer or, 12913c . rto.. No I. old, 18c: fowls, per lb, selected heavy, ISO., do., weighing- 4VaU S lbs apiece, 17c , do , welghln) 4 lha apleco, Ida: do., weighing 3V4 lUs. apiece lie. do., 3 lba and under 123fl1o old rooatera. dry-rlcked. 12V,c broiling chickens, nearby, weighlne XIMI2 lba. apiece .Cffl?2c, do, do,, fair to good, lOfjilRc ; roatlnr thick ena, selected heavy, milk fed, lMfl'Jc chick ens, weatrm. fancy fat 4 lbs and oer apiece, Ir boxes, dry packed. ITJJlSc . thicken., West tern, 4 It. and over. In bbl.,, dry packed 13 tflnc,, do., do, 8!W lb., apiece. 11Ua: brolltnc enickens Western, IMit'i lb., apiece, 20c.: do. dn fair to good, llfJlfc,; spring duckj. X48X3C, i prlni- geese X'.'sllc. ; aquaba, per (Sox, white, elgll"- II to X2 lbs per dog, 11 WWN.Mi: white, washing 0 to 10 lba. per dot.. t-l.lo1 71. white. utUhlng H Ihl. per dox.. 32 no2.73 whltw. weighing 7 lba pef do... t2 23, white, weighing- 6a6M lba per doz . 31 2361.03, dark and Ao, 2, COc.tf J l-10 40 OT no r ,,.-.. Net 41 r.m n.i Ti,",.Hhw.."n COK' :.. vTtrii' h,ZV K .?. " nn r. -;--;"".. 7" r vA rs" iir" v'o. 07 JO Key Tol pref.. 59 14 L Nav f . T w ian ai increaod. 1IIU J'l i8f2 tir BO 03K S 1 52, no il DU TOU 4 11.1 d 4X r ti raj, ns oo ii JOH OH H tr,.-l? ; T K BT TO 74 aixi itriu r)bron ! ,. 'p:""s. i ,;i M" r; t." .. j" ai.it iw vo H h."-Co "crip. 00 5o '. J,!1.'.-1 !r cms. 11 11 " i.""a. trac.,., 70U 7D 300 Ton. Bel ... 4 4. 4ni Ton. MIn. 71-18 T 7 inj iinion Trac. nu nnu antt W U a I 82 S3 81i nnsmo S"J" . . . ' HUh. lw JIOO Am a & E M Ri 82 " iMiowin ixiea 1st ss .ire 100 Intar St Ity. 4. .ViU .200 I. Nav cona 4U PS sooo L Val gen con 4a cp.. OTV, nii no gen cons 44..... pa: 1000 Leh Val Conl 5a.. X02' lOort do res- 3. ,...imi 20n0 People's Pasa nv 4a . sou SOOO Phlla Elec gold 6a t alOO 000 Penna conv 3Ha 1013. DO BANK GLEARINCJS Bank clearing, today compared with corr-sp-jnJIr.s day laat two years tni4. ion. 1012 Phlla 1:4.933,807 327,815 772 fzT.oill.enS Boston 22.02I.4J4 27.2TT,433 3HI0,7'J New York. 233,130.408 317.S.1S 405 30,74X183 FOIIEION EXCHANGE MARKET NEW YORK. Dec. 3. A rise In mark, to 87 fi wa. the feature of the foreign exchange, maiket. Demands, atarllng ruled 4 Si'i cables, 4.83i franc B.12WJ 13. Laat 2 102 10-J .KIVs MS, OS 08 U, TUU ttnlL l& 10-jt' 102V4 14 lnm iniu 80i SOU 100 100 pa oa THE Pennsylvania Company for Insurances on Lives and Granting Annuities 517 Chestnut Street Announccs the removal of its Broad Street Office to the Southeast Corner of Chestnut and Juniper Streets, where it is prepared to Receive Accounts of Individuals and Corporations and to Rent Safe Deposit Boxes in Burglar-Proof Vaults a B. W. PACKARD, Pretldent II I A MUSIVERSICLE "TRY IT ON YOUR PIANO." V AL VfHY l& AM QCBAH :LAHtM iXHH PUXS. "s. AN - WBR IS BB - CAUSE XT'3 IN THE JMID - DLB OF THE 4EA HH -.;. Jl- K 's v?? ,,?W3ts .s X S SSrSSr-JSMrS -, rtb WBB VBB H vT ZiKk2r-tT mudulr wf X LI " NER 1LIKE rHELET""TE ' E? TJiE Jp ' "" " ' " ' ' ' ' i 1 11 1 1 I tvSgatVr''c--l TI IAL1 W II ' ana."