OCR Interpretation


The sun. (New York [N.Y.]) 1916-1920, November 08, 1919, Image 12

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Persistent link: http://nyshistoricnewspapers.org/lccn/sn83030431/1919-11-08/ed-1/seq-12/


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1 HERCULES PETROLEUM COMPANY CLASS \A\ STOCK. Dltldeuda 1ft Monly. The company reports net earningi for the month of Septtmber.l0l9. of approximately $50,000. about six time the dividend requirement. They have jutt drilled in their third Holleman Well, making 500 barrel initial production. We recommend immediate purchate. Price at Market Farson, Son & Co. Mamssrs New Tork Stock Exchange 115 Broadway. New York Tobacco Products Export Corp. An analysis of the present status of this company and its future possibilities on application. BAMBERGER, L0EB&, GO, 25 Broad St. New York WILL PAY far 300 shares of Aeolian-Web- er Piano & Pianola Common HERMAN EtROS. ST William St.. N.T. Tel. Bread ?708 WE WILL BUY Aeolian-Webe- r Piano & Pianola Common & Preferred J.K.Rice, Jr. & Co. Phones 4040 to 4010 John. 23 Wall St.. N. T. CARSTAIRS & CO. MEMBERS New York Stock Exchange Philadelphia Stock Exchange New York Cotton Exchange STOCKS and BONDS 71 Broadway Phot. Boutin? Crtat-611- Guaranty Trust Co. McCLURE, JONES & REED Umbers .Veto Vert Slack Eichanje MS Broadway 'Phone w; Sector Suggestions for Investors may be had on request A. B. Leach & Co., Inc. Investment Securities. 62 Cedar St., New York Chieago Philadelphia Boston Buffalo Cleveland Baltimore Minneapolis MONTGOMERY-C- O. 14 Wall Street, New York raiLACELPHIA CHICAGO TOBEY & KIRK MEMBERS . T. 8TWK EXCHANGE WANT Hacker-Jones-Jew- ell 6s 1922 ANGLO-FRENC- H SECURITIES, LTD. Bank of Hodielna Building. 132 St. Peter Street, Quebec. We offer: 130,000 CH1COUTIMI PULP COY, 1st mortgage 0r,i, sinking rand GOLD BONDS payable 1943. New York and Mon- treal. Price, 91.30 (Canadian Fund to yield over 1 to U. S. investors. Offerings Invited Quebec Jacques-Card- er Electric due 1931. 5 BONDS ImrnoTiv ssai1 leWallStreetJoud Penruylvsnla Crnde Oil Market. PirrsBrno, Nov. 1. The principal oil purchasing agencies here y an- nounced new prices for crude oil as follows: Pennsylvania crude, 34.50 a barrel ; Corning, $3,10; Cabell. $3.02: Somerset 82.86 ; Ragland. $1.23. The advance, due entirely, agencies say, to Increased demand, largely foreign, amounts to 15 cents a barrel for Penn sylvania crude, 1 cents for Coming, Cabell and Somerset and 19 cents fori HagLand. , Oa, Cm. Nov. 7. Credit h;,;-,-- , 4.o; runa. ,,.75C; average, 6:, 054; uupncuuH average Slell. FINANCIAL NEWS AND COMMENT Stock Market Quiets Down and Becomes Session of Pro- fessional Trading. SPECIALTIES ABE IN LEAD Steel Shares Slump Sharply at Close With Lackawanna tho Leader. Having experienced lta setback and shakeout In accordance with the wishes of thoae who desired to see a material reduction In the loan account the stock market settled down yesterday Into vary much of a professional affair, and Inter, est shifted back largely to the special-tic- s and motor accessory stocks. It was still a v try broad market, when the num. ber of individual stocks which were dealt in wars taken into consideration, but it was a very colorless affair in so far as the price fluctuations In the stand- ard stocks were concerned. The trading fraternity interested Itself entirely with stocks of the specialty type. In which there wore some very sharp advances, aa for Instance, in the case of American Unseed, American Bosch Magneto, one or two of the oils and the chemical shares, which also stood out very strongly in the face of the rest of the list Otherwise the general market was irregular, with most stocks closing the session fractionally under the preceding day's final prices. The money situation was still the principal drawback to tho resumption of active speculation In the general market, although on the surface of things thu mbney market Itself seemed to have un- dergone a definite Improvement. The renewal rate for money held above nor- mal ail day It is true, hut there was money offered at the high figures, whereas heretofore money has been bid up as high as 20 per cent, la some cases with nor.s offered. This seemed to indi- cate that out of town institutions had taken advantage of the high rates and shipped considerable funds here to be loaned out at the high figures. In con- sequence bankers were of the opinion that money would be much easier the first of the week. If not normal ssjain. At any rate there wore no such fears as on the preceding day. The Street proceeded about its business In a very orderly manner, convinced that .the worst of the money difficulties are over, providing, of course, that Wall Street Is able to hold speculation down for a few days as It was yesterday. This is what Important Interests are hoping for. They want a breathing spell in order to pre- pare for another upward movement which everybody is beginning to talk about for the first part of next year. Next to the specialties the most active Issues yesterday were the railroad shares. Their strength was impressive, but may not have been so significant, however, oa Some interest seemed to believe, on account of the fact that Southern Pacific wag the leader of the group. Inasmuch s traders always buy this stock on Fridays In anticipation of a favorable decision on Monday from the Supreme Court in the oil land case, the Ktrength of the rails yesterday may not have meant anything more than profe-slon- buying. The rcai features of the day, however, were r.ot the railroad stocks but the specialties. American Bosch Magneto gave the best perform- ance of any of these stocks, going to a new high record for all time on an advance of more than 10 points for the day. The rest of the list did very little until the closing hour; when bear raid took place In tho steel stocks. This raid was directed rtarUcu-larl- y at Lacitawanni Steel, which brake very sharply. The other steel shares lost proportionately, but nowhere were the declines so severe as in case of Lack- awanna, which at the closing had lost practically all of the gain it made In the upward movement last week in the ateel group. The fact that money did not get above 12 per cent, yesterday was con- sidered very Important In speculative circles. U was taken as indicating an improvement at the first of the week when the full effect of money being sent here from out of town Institutions will begin to make itself apparent Another thing that made the situation MOI better yosterday was that the rate did not 'limb up sharply In the last hour, inasmuch, as there alwaja Is an extra demand for money at tho closing to carry stocks over the week end many Interests had expected a very sharp flurry yesterday afternoon. When this did not material- ise, however, general satisfaction was expressed In commission house quarters. The foreign exchange market was stead- ier with the exception of Italian lire, which continued their decline to a new low record. On tho other hand francs improved slightly and sterling was steady. Otherwise there were no changes yesterday in this market MONEY AND EXCHANGE. CALL MONET. Mixed Collateral. All Industrial Hijh lx Hiru n Iow \ Last If P HsaSWalS \ litem ais Year's hljh 20 Tes-- 's tilth Year's low 2 Year's low S TIMB LOANS. Mlx- -i Collateral. All Industrial fluty dsn (Sixty da 7 Ninety days (Ninety dsjs 7 Four Mat pour months t Five monlha JPIve monthe 7 Six mucibs lix mourns 1 COMMERCIAL PAPER. Prime Indorsed BlllilSix moathe SfttJtHi Receivable. Other Names. glxrr oars 64 Tr! 'Three to six Ninety days....S,.4fHl months 64S4 CLEARING HOUSE STATEMENT. Clearing Hones eacfcsegss, 11,07.729.171; balances, 174,10934: debit bal- ances. J13.S06; federal reserve credit balances, UOMJMTIC EXCHANGE. Boston, par; Chicaro. par; St. Lcmlt. J 15c discount: Saa Francisco, par; Montreal. HO.O'j per $1M0 premium; Cincinnati, par; Mlnoc anvils, lie. premium. SILVER PRICES. Br stiver In New York, tl 1384, rnichanj'id ; Ir. London. (SHd.. unchanged; Mexioan dollars, 044c, up he. . Prs. Sterllnr HUh. Lew. It. close. 31 1654 RJS K1S t.U Cables 4.1Vj U4 i Frsnea Demand... t9 lH M I.STH Cables I.K .r, I.MM 1 M Mark- s- Demand... KtJ IB 2.s S.M Cables 2.N 1 ,5 I.0D Norm 1 yesterdays Clos- e- rats rimana of F.xch. or ehc Cablss. 4. Sterling RiJ U K 5I5U Psria - i.H Marks Ml tM ;.1U Belfium , ..\ i. Ch'na Hocckong te v-t- , Shangbai 1.41 :.45Vs is M Greece HI- - U.-J- o:i Holland a K.44 JaM Iiombsy m 484 41.M Japan Yokshama U (; CD 9) PMllppmu Iilanda Manila 4t 4 r, \'.j Italy lt.14 4 W Seanthnavia Stoekholm tt.N 8.T tbristisnla 40 a.n i.orwnhsrn j.J) a.2 Sonih America 44.41 Rio y-- tM 1 0J4 Arseorlca (gold).. ft r 4:.M ISuenos Aires 41.7 42.U It 29 gpsln 1S.U 1W .villi Switzerland r. Ml tl.U Eutsla-iCiirrea- ey) Bid. Ask. m days. aara. vt rabies 4 ro 4 Vi rubles 4 on M TIME BILLS ON LONDON. \irkera. I f ommerdal ..t4.10Vi!S . 4:30 days.. Kits Hay's sales 1,294,815 Vear to date 260,730,081 164 H 714 93 24 14 44 t 13)4 6241 103 1394 1164 664 104 364 1314 1244 864 97 1044 66 4 634 121 444 944 1404 U64 1034 994 U '302 654 204 , 66 84 1404 80 10 154 83 139 39 504 93 130 14 26 87 434 72 34 24 3 464 964 140 1024 140 1164 11 864 1324 125 864 106 694 136 444 944 1414 117 104 994 301 994 100 138 111 180 102 67 66\ 84 141 91 794 1814 18 844 1394 if' 52 944 lilS 1 104 1154iU6 DirT in I 7 4 80c i fa - 17 174 97 99 8 194 20 .. 14 67 6 1074 108 7 132 138 2941 104 lOV'SOc .. 324 324! 814 4 614 52 - 80 804 7 150 151 10 99 IOI4; 7 104 4 104 4 5 108 110 7 684' 59 4 614i 63 4 136 (137 6 684 ! 584! 7 84i ' 10 j .. 274 2741 1 4i 4 4 614 904! 91 7 111 1124 6 284 284 4 63 4 6 77 4 7 5 214 214 414' 434 44 .. 82 86 6 103 108 7 43 4 434 ..I 46 464 2 24 . . 504 55 4! 46 50 63 4 64 4! 724 724 1 56 67 4' 684 694 ' 82 4 7 934 944 7 lSTs 19 94 914 7 1414 144 .. 84 90 o! 93 934! ..! 107 '1074 7 232 1233 12 102 108 7 385 400 10 4441 444 .. 834) M 7 101 !103 9 180 183 10! 164 17 134 14 44 I 2I4 36 2 1344U 36 3 4! 1054 106 4 7 15 154 a. 254 24 .. 174 l4 93 .. 10641107 ftl 114! I ..! 158 160 106 108 7 494 , 494 444' 4i 2 4 28 .. 200 1210 81 814 8 6l 954 7 1634 170 8 S94 4 396 12 ' Bl 93 6 864 6 88 88 4 4i 85 854 7! 42 424 4 404 414 a. 774 794 90 S 624 4 924 93 7 684 584 6 64 54 17 174 .. 24 2.- -. .. 188 1394 6 604 614 .. 1104H11 27 27 .. 764 .. 105 110 6 54 56 184 194 .. .. S 159 1534 4 102 1074 . . 100 7 32 4 33 2 64 10 94 6 4 10 - 164 6 37 46 4 46 4 34 111 116 7 77 78 205 210 12 110 116 7 1114 114 7 64 I 614- - 4 51 52 7 314 49 434 754 764 39 120 137 7 247 248 10 254 264 6I4! 1.20 63 17 86 124 17 294 484 614 48 63 67 98 67 4 21 11 87 16 61 4 10 29 24 25 82 64 77 65 70 41 26 83 91 IS 25 97 87 93 64 77 99 65 96 50 10 22 81 40 62 M 174 89 124 184 294 49 65 484! II salsa 7, 300 Adams Express 1600 Advance Rumeljr 200 Advance Kumely pf...... 1100 AJsjc Rubber 600 Alaska Gold 1400 Alaska Juneau O M. 1300 Mfg ..... 1300 Am Beet Sugar 15800 Am Bosch Magneto 6600Ain Cm 100 Am Can pf ClOOAm Car a Foundry 100Am Car A pf . . . 1600 Am Cotton Oil 800 Am Druggist 13001 Am Hide A Leather 1100 Am Hide A Leather of... 4.80 14000 Am Corp.. . moo'Aru Linseed Co 1000' Am Linseed Co pf S000Am S00Am Malt A Grain 6400iAm Ship a 4700 Am Smelt a Ref 100 Am Snuff 8800 Am Steel 100 Am Steel pf... 1 TOO1 Am Sugar Rof Sugar Ref pf 1200Am Sumatra Tobacco ... 14001 Am Tel 4 Tel ...... 1200 Am Tobacco 1800 Am Tobacco pf new 1500 Am Woolen 600lAm Writing Paper pf ... O'.VAm Zinc, Lead A Smelt.. 42O0 Copper 600, Assets Beeilzation Oil Co Top a Santa Fe . . . Top a Santa Fe pf. 300, Atlanta, Blrm A Atl 6100IAL Gulf a W I S S Sales Corp Sales Corp pf 4R800 Baldwin Loco Works.. & Ohio 600; Baltimore & Ohio pf. .. Leather pf Co 800 Batoptlas Mining 1400, Motors. 100, Bethlehem Steel Lake Tire, Minn pf., SATURDAY, NEW YORK STOCK EXCHANGE PRICES. Friday, November 1919. 1919. Mine...... Foundry Syndicate.. International Locomotive Commerce,... Foundries Foundries lOOjAm 'Anaconda 2700iAssociated 1200Atch, SOOIAtch. 8300!Auto Z400;Auto iSO'VBaltimoro 20fliBarnet 11600Barrett Bethlehem 364 43 72 24 14 47 954 62 1024 1414 67 11 374 84 98 1064 684 444 944 994 994 664 664 34 1294 10 181 154 30 304 14 100: Bethlehem Steel 8 p c pf. 1154 24400 Bethlehem Steel B !l064 900!Booth Fisheries 100 Brooklyn Edison Co 98 1100' Brooklyn Rapid Transit. 194 looo Bklyn Rap Tr ctfa of dep 14 Union Gas 600Brown Shoe 100Buma Bros 133 55 414 !l42 794 164 2800,Butterick Co 274 1100 Butte Copper A Zinc 104 600 Butte A Surerlor Copper. 244 400'Caddo Cent OAR 324 1300jCallfornia Pack Co j 400 California Petroleum j 514 600iCaHfornla Petroleum pf..' 80 8000 Canadian Pacific 11494 lOOjCase, J I. Thres Macli pf.!l004 10500;Central Leather 1064 lOOICentra' Leather pf 2000'Cerro de Copper... 584 6200!Certain-teo- d Prod Corp.. 664 29O0 Chandler llotors ;1354 a Ohio 614 100'Chl A East 111 Eq Tr ctfa 7 800'Chlcngo Gt Western 94 lOOlClilcago Gt Western pf.. 274 8200lChIcago, Mil & St Paul... 43 2400IChlcago, Mil A St P pf... 64 1700!chleago A Northwestern.! 91 600'Chlcaeo Pneumatic TooI.illO 66 7100'ChIcago. R I A Pacific... Chi, R I A Pac 6 c pf . . 200 CM. R I A Pac c pf . . 77 100,'Chl, P. M & Omaha.... 65 1200;Chlle Copper 214 1800lChino Copper 414 lOOiCieve, Oft, Chic A St L.. 434 200;ciuett, Poabody A Co 80 lOlCluett, Peabody A Co pf.. 1024 10300iCoca-C- o 424 400!Colorado Fuel A Iron 464 600 Colorado A Southern 234 lOOColorado A South 1st pf.. 60 100 Colorado A South 2d pf. .1 464 800'Co!umb!a Gas Elec....' 634' 21S00!Col-jmblr- . Graphophono .. 634' 100'Comp-Tab-Recor- d 37 100 Consolidated Cigar 63 lOOjConsoIldated pf.... 83 lOOOConsoIklated Gaa 934 1600jCon Interstate Cal Mln.. 194 1100 Continental Can 94 1800iContinental Candy 144 SOOlContlnental Candy rts 200 Continental Insuranco ... 81 1200(!Corn Products Ref 934 SOO Products Ref pf . . . 6400'rrucible Ste: Co !232 2S6 i228 UOOICrucibie Co pf. l0S41024;i0241024 aooicuban-Ame- r sugar . E200iCuba Cane Sugar ... 800iCuba (Jane Sugar pf. 1,00 Delaware A Hudson 200iDel. Lack A Western 184 184 Mines lOOiDtiluth, S A Atl 100Elk Horn Ccal Corp... 800 Endtcott-Johnso- n . . . . lOOiEndlcott-Johnso- n pf . 2400 Erie 800 'Erie 1st pf 200, Erie 2d pf 900lFairbanks Co 400 Famous Players-Lask- y .. 100; Federal Min A Smelt 900 Fisher Body Corp 100 Fisher Body Corp pf..... SOOO'Plsk Rubber 1300!Freeport Texas 600!Gaston, Williams A Wlfc\. GOO (General Chemical Co .... 100! General Clgnr Co 400: General Cigar Co deb pf. 400 'General Electric Co 240o!oneral Motors Corp .... 100;General Motors Corp pf. 900 General Motors Corp deb. ulOOjGoodrich B F 3300 Northern pf 8100'Grcat Northern Ore ctfs, KOOjGreop.e Cananea Copper.. 800jGurf States Steel 600iHartman Corp SOOJHaskell A Barker Car.... 400lllinols Central S400 Inspiration Con Copper. 1400'Interboro Con Corp 120o!lnterboro Con Corp pf. .. 200'Int Agricul Corp 1700'Iht Harvester Co now... 11900'lnt Mer Marine S600;int Mer Marine pf 1040o!lntematlonal Nickel .... 10400 International Paper 100 International Paper 4700llron Products Corp 900'Kansas City Southern.... 25 Kayser, Juilus, A Cu 300Kel!y-8pr1ngfie!- d Tire ... 200iKelsey Wheel Co , 100'Kelsey Wheel Co pf. Copper 6300lKeystone Tire A Rubber. 18500Lackawanna Steel Co ... 100. Laclede Gas of St Louis, 400 Lake Erie A Western ... 200 Erie A Western pf, lOOjLee Rubber A ISOOi Lehigh Valley 100. Liggett A M Tobacco pf. 400 Loose-Wile- s Biscuit .... Lorillard Tobacco lOolLorlllard Tobacco pf SOOjlouisvlUe A NashvUe..., 100 Mackay Cos pf. 600!Manhat Elevated guar... 2400!Martin-Parr- y Corp 4600'Maxwell Motor 2200!Maxwell Motor 1st pf.... 2200'Maxwell Motor 2d pf..... too May Department Stores., 9200!Mex!can Petroleum lOO'Mi&ml Copper ISOOlMMdIe States Oil 15300'Mldvale Steel A Ord 700 A St Louis new.... 100 Minn. St P A 8 S M. 4700 Missouri, Kan A Teg .... r.oo Missouri, Kan A Tex 6900'Mlssouri Pacific 600'Missouri Pacific pf. 400 Montana Power COO Mu'.lmi Body THE BOW, NOV! Opaa- - f, 3 130 116 132 1S4 126 98 1064 1244 !U64 1034 302 139 204 110 394; 93 1344 58 ' .11014 600'Brooklyn 107 824 109 Pasco 1800,Chesapeake 284 400 p 7 p St Cigar 8 .... IS 1064 164 254 184 924 107 114 160 117 50 44 264 1394 so s. 964 1170 91 87 894 S5 424 404 79 90 624 924 634 54, 244 604 79 105 19 130 159 105 99 13 654 99 104 21 864 111 77 208 114 84 60 314 77 544 174 124 294 614 CtwtiMMtt y WoXhvt I'as. I ins. 839.06S 12 1.622,094 3Ugk-- j 86 4 72 984 24 14 47 96 H 139', 634 1024 1414 116 584 4 1264 89 61 42 64 St 4 47 50 69 1244 14S 1164 104 100 304 139 21 142 185 141Vk 40 1104 114 374 444 994 674 664 34 914 794 184 344 ,396 130 1394 118 1394 129 944 93 93 137 !l3041304 14 364 38 864 101411014:1014 115U lljij 164 164 164 98 19 14 14 60 107 133 133 314 294 104 244 324! 83 614 804 ' 1514'14841514! 68 56 4. nsii. 7 10 274 45 654 91 I10!110 654 774 65 214 414 434 62 434 464 24 50 464 634 734 69 83 94 194 944 144 4 944 .Il07ai:i074,107l Steel ISOOjKennecott 434 454 844 844 101 1014 35 137 16 107 161 107 203 80 97 170 399 91 87 92 54 1024; 1314 1044 1244 1164 1804 1374 134 pf... 904 '393 174 284 624 464 874 484 474 944 194 254 194 924 \4 604 444 254 894 404 794 624 924 694 174 244 105 1594:169 83 11 111 77 208 111 1104!1114 64 61 317 77 40 4 123 241 '249 II 11 80 4 Lew eat 24 14 954 67 11 124 96 65 41 103 302 138 66 34 10 30 SI 98 13 81 SO 59 57 72 44 93 7 94 274 43 904 64 77 65 41 V. 1394 1024 1314 1244 1244 1414 1164 3024 1804 1394 5041 1034 1034 1084 1084 274' 104' 104! 244' 3241 814' 614! 1004 1004 684! 11374 1024 1064 M 464 18 69 83 934 H 84 924 1 7 0 393 44 84 183 183 600 14 400 137 137 123 133 1064'l064 107 107 107 434 44 170 91 65 90 1. 924; iB7V! 1394!l37 14 60 4 594 28?. 79 105 65 120 1074!l03 99 654 994 47 364 604 404 234 624 864 434 254 624 65 174 874 134 184 484 644 354 424 924 464 614 34 834 684 944 994 994 664 204 904 794 154 284 214 404 184 94 144 9? 82 .\ 2 T4 95 21 111 206 114 60 81 123 245 29 48 614 777,811 160.276.461 Clos- - B(. 72 24 96 62 1394 114 67 11 98 105 66 104 100 138 674 21 66 34 140 33 5Uii 14! 14 107 98 14 .60 133 244! S3 514: 1004 107 1044;1044 109 61 1344 13741 W 10 44 90 110 65 43i 1024 1024 42 4 46 46 50 50- - 684! 395 1014 1014 Dome Great 1254 164! 134 184 914 914 114' 114 1524 254 1994 804 3934 864 874 404 584! 544 184 '120 214 464 254 774 47 104 364 464 1104 64 4 49 754 394 114 874 124 4S4l 47ii 864 424 934 464 364 864 414 684 444 994 904 794 11 174 344 614 115Vi SOU' 5S4 274 65 654 77 214 414 434 234 464 634 Cnrn 69 83 19 4 93 1074 II 4 444 134 \24 17 it Va 4 154 254 964 414 264 754 194 634 764 254 614 634 18 284 934 944 844 LSI 107 494 444 254 2004 804 964 170 395 91 87 se,a 854 42 404 774 624 924 684 r'4 17 244 133 604 1104 1104 I 3 764 103 644 19 120 1594 1074 99 894 64 95 47 104 214 264 484 111 764 206 114 1114 64 61 314 494 764 894 123 2474 254 6! 634 174 874 124 184 294 484 644 414 1117. Met CWafa. Ml - 4 - 4 - 4 a 104 4 - - 14 - 1 (109 !I09 65U 84U 1396 534 - 144 834 1 \ the the the by out the were the moat Wall men aitu- -, ths market of j up 44 \h 4 H 4 \4 4 24 4 N 4 4 1 4 34 i H 4 4 14 4 a 1 4 24 4 4 4 4 4 1 4 4 2U ? 8\ 1 'i 4 4 4 5 4 1 1 1 14 \ 'in 1 4 -- 14 -- \4 'o4 4 M 14 H 4 1 1 1 9, 1919. GOSSIP OP WALL STREET. Technical Improvement. That there haa been considerable im- provement market's technical po- sition general Impression which prevails professional circles end. Much overextension been cured. Innumerable pyramids leveled and many atop loss orders have provided market corrective which rsached only severe ahakeout dashing and market which large professional operators doing yesterday demonstrated that were awaiting further definite news before taking position. Yesterday's money market reflected improvement that situation. The that several specialties given custohaary whirl yesterday sign returning w confidence situation. i United Foreisn Governments, Railroad, Industrial and Other Bonds , street tne latwr ation takes Its place Immediately i I factor first Importance. One large house sums thus : \The labor 24 14 4 4 124 14 4 14 -- 24 4 ei 64 24 14 2H 34 4 -- 24 4 4 4 IU ii 7W 14 4 14 4 4 4 4 34 3H 4 Va 4 I 4 A In la in at week has a roulil he a The ' In of they a firm an to fact were their was a of In In oi as it oi.ueiiuu iu u. a.nu iu lutvo irasDcu im most crucial stage and from now on there should be a distinct betterment In Its application to the economic affairs of the country. It haa been determined by the Government at Washington that any menace to the political or the economlo safety of the country is a blow to Government Itself, and notwithstanding the necessity for further solution of the problem the result of the recent election and the action of Congress In support of the Administration in its recent dealings with labor can have only ons meaning and one result and this we most con- strue to be favorable.\ The Specialties. Tho specialty stocks as a whole did yesterday much better than the stand- ards, and some special moves In ths roost prominent of them kept the market agog. Bosch Magneto lead the list with an advance of 104 points to 1394. Information to the effect that the dividend on Bosch may be Increased soon, published yesterday In this column, attracted considerable attention to ths stock. United States Industrial Alcohol. Stromberg Carburetor, National Aniline. Barrett Company and Certain-Twee- d Products were among the specialties which enjoyed quick upward moves. Southern Paclac. Since Union Paclflo lost Its crown as a market leader the rail group .has had no barometer to which one could turn day after day for market guidance In this group. An effort Is being made, and it is meeting with considerable suc- cess, to pin this honor on Southern Pacific. It probably is the most active stock of the rati group and is particu- larly active at this time owing to the pending land suit In the Supreme Court Many traders hare formed the habit of picking it up during the latter part of the week on the belief that a favorable decision In the Supremo Court, to be announced on some Monday, would give it a considerable advance. But Irre- spective of this week end buying and tbe fact that Southern Pacific has come to be considered moro or less of an oil rail, tho market looks daily more and n,ors to S. P. for guidance la Its Three ifew Ones, Three new stocks, brought from ths curb market to the big board were In- troduced yesterday to trading. They were Coca-Col- a, Martin Parry and Iron Products. Coca-Col- a sold up to 434, down to 42 4 and closed at 424- - Mar- tin Perry opened at 314, sold off to 314 and closed the day at 314. Ths market in Iron Products was very poorly handled and did much to warn the gen- eral public away from that stock. It opened at 62 4, the next sale waa at 65, the third at 60, after which the stock dropped another 5 points to 65. It closed the day at 54 4 with a net loss of 7 4 points. l'er,e-rrn- n, Tnat a tremendous battlo Is going on behind the scenes for stock control of Piorce-Arro- Is Indicated by the erratic action of the stock. Two cliques apparent- ly are fighting each other for every Inch of the ground, one on the short side and the other on the long. The move In Plerce-Arro- w has completely mystified Wall Street and, as Wall Street dearly loves a mystery, the market battle has at- tracted u horde of hangers-o- n on both sides. The reports have been repeated several times that General Motors and the DuPont Interests have been acquiring Pierce. A quietus was put on this re- port yesterday by this statement: \President Durant of the General Motors Corporation has denied emphatically to his friends and to the Plcrce-Arro- Mo-t- officials that ho or his associates have teen nnrrhn.tnr Pl.w..l.,nm for control of the property by the Gen- - J,\ era1 Motors and that the control of the :a! Plerce-Arro- Is not held by General Mo- - tora or those associated with It\ It is 5!' reported that an official of a large trust company Is at the head of the clique which has been fighting the advance In Pierce since it passed Its dividend. For some reason or other not apparent to the roan in the street many people who could not see Pierce around 75 when It passed Its dividend are now extremely bullish on Its prospects and freely predict much higher prices for it Transcontinental Oil. Tho buying which appeared on Thurs- day In Transcontinental OIL putting that stock up in the face of a decline of no mean proportions In other parts of the llCT. was yesterday again In evidence and on transactions aggregating more than 64.000 shares sold up to 60 4. or wirr.in less than a point of Its high pries of 61. The net gain for the day was 2 points, the closing figure being 59. Various rumors were cur- rent as to the reason for the rt reri t li of Transcontinental, but In quarters usually conversant with tho comnanv-- a affairs It was declared that the rise was but reflection of some Important buying. was mn:a tnat this buying, which as said to corns from banklne Inter. ests. was based on advance knowledge of some Important developemnts to be announced soon. In this connection if was pointed out that If. L. n.ne,i,. chairman of Transcontinental, was in ooutn America with a Flair of arit. ants looklnc after the company's Inter- est and it was said that tho results of this trip would prove beneficial to the company. Bonnsea In Wall Street. This has been an extremely prosper- - j j. iv! mc commission nouses ths bond houses, the banks and the trust STi rs \ n s an otreet district. : t mo. annmma tr, r.nnH. h u - ; 09 given employee, at ths end year will be lirger than ever. the firms began s.s of the Most of year or ao am ,. policy of paying all employees percent- ages of their annual salaries These bonuses ran from 10 to 50 per cent A large commission hous. It Is reported, will give this year every employee a bonus of 100 per cent. Ciekasge Seats at 8)110,000. Two memberships on the New Tork Stock Jch'inge have been sold for I110.0O0. Ths previous high record, 1100,000, for ths sals of such a member- ship, was established last week. Names I of me purchasers wiil be made public I by the committee on admissions when the transfers shall have been confirmed. 5, The tremendous Increase In ths business S on the Stock Exchange, the year's busl-- , nesa more than doubling that of the 7 same penoo or 1915, naa created heavy demand for exchange seats, and It ts believed that they will soon advance to 1150,000 or 1200,000. The year's turn- over In stocks and a long succession of million share days has brought the total of sa'ea on the exchange for 1919 up to SJiaroS, as OK 1U,5::.094 1265 mm BONDS IN NEW YORK STOCK EXCHANGE. Day's sales .. Year to date.. Closing. Sales (In Bid. Asked. Yield. 11,000s). 100.70 100.80 8.44 95.10 95.12 4.31 92.90 92.98 4.48 96.00 95.20 4.58 93.00 93.04 4.74 100.36 95.06 95.10 4.88 93.06 93.10 4.80 99.44 99.46 4.88 99.44 99.50 8.83 AncloPraneh 3s AT ASF aen 4s S t ta 17 V714I 1 7S44 m 2 13 7fl 1 99 3 3 O K Ss 7l....?7S-lf- t 8 79 3 MPS W 973 ' Armour 4s 'ST....S7 6, 1 8234 S 19 ISA 1 4a 1 AT&SFcvta 733i II 10 69 Chi ref 4s is rru 10 1 7s 8 7le alOOSSUj ne 4a 1 78 1 87 .97 3 30 9 2 e 7 B At c unecltss 2 TH 10 721a utycr1s AO is MM I e s .... .. 10 ... .... 2 ... 13.... .... ...94W4 ...OSSs ...9IW4 ...981) ...eels United SHa 111 3. 8.. 13. 10., I., 0. 28., a. ..07B, Us BwayAZAvcn S5,n'ilap'Tr7s 4 9211' nirt. H.n Tw Dora is 8 93 7 3U EepofCubUHs Argentine 4 79 JspaneseisMHs Knsstd 817. se 3 834 1 83 ling std 1 831 2 r.er ltd 213 1 1 S3 l.....-..817- Japanese ii 1 71 is . S 19 73 1 - ' flY 4s 17 aov 8 1 B 103 NY 4Kb sj 1017 NY 4Ks 8) I 1 3 974 NY City 1Kb S4 ROV t 83 G cv 4s A 3 Am Cot Oil 3s 6 AmSmeltA P. 5s IS 8613 AmTAT ct i 4 3 100 a 1004 3 100 1 11 100 WH Am TAT dt os 9 4j 16 cv4i 8 S3 ATASFShLls 3 78 1034 1911 Cn 064 Alb A 43 B 9 164 44 Am Loo Am H A B) n A S i C I. alsy Friday, No-em- ber 1919. RAN03 BONDS. (1932-4- (1982-4- (1927-4- 2) 44s (1927-42- ) .. 44s (1928) 4,687 Vic. 670 34 99.44 Slates. American CnlMIM uuouquo ,...7 0714: 7834 Warn 827g ChlRUsPKj MAP salt 6714 S7UI W7H ...97 Klmrdra 4.1 1 8804 B A O 4 1 16 671a goldia 13 6NI3 3 87t4 BaltAObio B A p E A E7 M 4 .979 al JJJs a 1 tm Canada 1 Bkn T4S Wt Bkri lai GvSs 18 Japan 3d44s SII3 Tokyo City 10lj IOII3 City 1 Qty Alaska Series 1 TAT Br 4S (34 2ft OF 397 166 1st cv. 4s 378 4s 101 1st cv. U0I 2d cv. 2,898 4th 1476 the the Paul 973, 07U STS 2... 784 67U 8OI4 si's 978 883. Am Bid. 474 9t4 twrsj Ss S7S4 28 88 BafUtO 68 TJs i.' tst Beth St! 5ai tlit lOOlg 1001s 8SU A S 20 80 pf pf 4a una 8 31 1 33 1 El 714 l .08 On of Oa 4a 1 94 13 96la Cen Ga 4 87 Cen Leather as 4 SS Cent P. K S J 5s I A\' A C O M 49 2 833g 16 8Zl3 C A Ocv 4 4s 3 7SU Chca .t O 44s 2 76l CMAMton )'- - 6 33 W) Chi A Alton Ss 1 47 CBAQ Joint 4s 1 BOM 4 3\8 83 984 1 W&8 2 854 6 9818 10 98 1 9318 8 9SU ChlA 111 10 24 U Chi Gt West is 1 &Si 1 Si 6 UH 2 67s CMAStP as 8 78 0 A St P a.... 1 721a 2 72 22 72U 12 73!a C H A P gm 1 77 8 774 0 A St P fd 4.4s 3 28 64 CCCAStLgmls 6 SS Panama COUDon no 4 ) OU 130 S3 iUuc 57 Co.. 7, 93.00 93.10 96.06 93.10 99.40 1 Chile Copper 7s Chile Copper 6s 3 K4VS Colo In tr Is 3 747 Col So est 1 79 14 1 j 8 79U Con Gas as 3 999 93i 8 90 '1 34 991, a 9984 MABodraf is ...83\ Den 4 Bio (I is 8 7J Den a Bio O 11 611 j 13 63 Det Ed 1040 a 89ia DistUiersSec Ss 1 89U Erie is 10 8916 Erie cr laser A 16 411s Erie laser 9 43ls S3 4 48 Erie gen 8. 4818 lf.ts a a. Oct Electric Is 6 Hud fag East Ask S... 22... 9.. 88 ts A 18.. 8.. 8.. 90.. j 10.. it .3s .68 ....13is Utlnots On J4s 8 I4lj a 94Sg 9 94 1 JE Ont a 1 83 111 is 1033 8 70 2 697g Interb T ref 1M at..., 10.... 4... . 27 Interbnro-M- et col 44s 6. .. 3... 8 .. 35... 8... .62!? ,31 ..2.-,'- 4 BID AND V. T. EXCHANGE TV, n fi.im Inierest is be added in every cae. Bonds delault ' deslxnated aa dealt In flat. UNIT STATES BONDS. Bid. Is. reristered J) coupon '' reristered J1\ coupou ........1 Panama. VX. reristered Panama. DM. coupon IKS, reristered. Panama, ltll. coupon 4 Panama, resistered ....n-- e ....13) ..631a ..5334 ..5214 acerued 14 Phil. 1st, land purchase 4a, 1S34.... Phil. 1st. public works 4a. 1SCS Phil. ItL public works 4s. ri District of Columbia l.tta 97 FOREIGN Anrlo-Frenc- Extern. Ps. l 7V4 7H Argentine Intera Ss. 7H Cauaria. Dominion of. Sa. 111 ranada. Dominion of. 1928 K Canadi, Dominion of. 1031 Chinese Gov.. Hu Hug Ry. 1. :14 63 Extern. Ss, 1944 1S Extern. 6s. series !W 1:S Extern. 44s. 1043 14 Dominican Rep. Es, 1068 81 French. Paris Is. 193 Wt 9C4 Japanese His, loan. 193. ' Japanese 4ov. 3d :9K.. Japanese Got. 4a. sterl. 1911.. 834 Japanese, Tokio City OS. 1961...... 71 71 C K. O. KALI yr. 4s, il ... V. K. O. B. A yr. 1937... 03 F0RE1ON BONDS DEALT IN PLAT. Mexico Extern, sterl. Cs of OS. 1946. 47 Mexico Extern, gold ts of Hi. v. prices stocks In there wero transactions jesie.uay; Al Ch M 4 A Cham. do pi W .. A Bk Note. do pf Am .. A ?1 do pf A Car Pdy.l4 Amer .. A Cot of Etnr ii Amer Ice.. do pf C pi.lCS ship. .. Smelt pf. Sec Am Snufl..i:i do pf Tob pl 93 Am Tel U SO cv ri la,? I an en 8s Wool pt.ltMVa MM Us'-enln- Departmc M Cv 3. is cv M cv St 4 53 03 07 SH 116 CI 03 IK) 75 01 474 107 Mt 136 MP 4 Am of Investment It Stores, 84s 2,1 44s 44s 44s Via do 2d pl 10 col cv 17 is la 1st con cv D 4s ErteCenR I.. ia\ Cent R 18. 0.... 10.... a... 1.... 8.... 7.... 20... 9... .nr to la W4 K is 9. 78 12 71 57 93 92 46 42 A M 01 91 (0 A 1. Ann Arbor do pf A Dry Gds.. do 1st pf. At Coast L IE' L pf..l4 Barnett fi Barrett pf..1il Beth 8 7..'.CO Erown 8 pf 04 10Va But Sntq 70 do pf W Bud RAP do pf Burns B pf Bush Term. CalPack pf.l3 Col Can South. 43 Cent Fdy4.. .. do pf 44 olKJ.17ii Co.. pf. 3d 791 1M1 I.. I... .110 Stoek ef Record. q. 34 .Nav. IT '.'pe. 1 q, lft Manatl Sugar Co, 15 pf. q, lfti. 6 Standard Oil Co. of N. Y.. a. It Nov. 11 V. Vlvaudou. In.- - , '.nl. q, joc 11 atl Sosar. q. 14. . . .Nov. II ijr.:.in Monatme Mac. q, lft Nov. 11 W. W. Shaw Corp.. q.. 11.60 Nov. 1 Republle Oil A r.ef. Co.. mo, 1T4 Nov. II 8314 45J HUs is Bid. I J G4 TM Bald Arts. EX a .338 .&3l4 88 .it- - ....144 ....14 1334 ..13 ..62a ..33 ..54 ..64 !j ..54 ..53 trust ..24U ..14 ..21U ..244 ..25 STOCK nrlces Panama, BONDS. '2 OS. Cuba Cnba Cuba City (ov. sterl. 124 44a. eerie. loan. 074 L 5s. 1901.. Closing of which Sutq Shoe. Coal. O 51 Amer Anter A 11318 Serin 74 71 A t4 S3 7J CRB q. Ask. S4 80 74 7CV, '\' IN 4 wi S9V4 M ion 114 MO 6 a (9 Nov. Dec 1 Nov. Nor. n. Man ..28 Ask. l4 \4 Pay able Dae. 1 Dec II Nor. II Dec 1 Nor. M Dm li Jan, Deo, Nov. II Nov. 1. Nov. II Monaay CTiaTsland Plttsbura. apeelal gtd. bit. '. Cleveland A gtd 174 c Oorham \fs ISS. Mood Rubbsr 11.00 Inland Steel :', tlltnola Osstra! lain pf .......... 4. \'rg i llafi 1S19. 11. 116,036,000 2 959.029.000 LIBERTY. (1332-47- ) (1933-38).- .. (1922-23).- .. (1922-23).- .. CANWgm4s CMAPugetSie B.'.'.'.'.'.'.97 as... Open. High, 100.90 100.92 100.66 05 00 95.00 SO.UU 93.08 mind 10 35S 80 35a a aiia cerascatea 10.. 37.. 8.. 8.. ao.. 10.. o.vv ..34 ..23?s ..1'43 ..2fl ..34 ...2416 Int Agr Ch is I n Int il Marine ts 7 O6I3 3 94B 1 9a Iowa Central lt 4 4a KCFtS A M ts 3 101 KCFtS A M 4s 8 83 3 667 Kan O 80 ref Ss 7 767 8 76 1 73 Can City 60 Ss 1 37U Lack Stl 8s 10W 10 1001a 1 100 10 101 a 994 LSAMS 4a 1918 2 863s LSA MS ia 1031 1 844 L S A M S 14 3. 707. 30 701a Lehigh Val ts 3 IOII3 Uggett A M ia 3 904 Lou A Nash 49 1 821a 1 825 LouA N StL ts 1 9984 Lou A N ScL is 1 81 Hanhat Ry 4s stamped 8 87 Mich Cen debts Mldvale Stl Ss' \ TV 1 SBAtj ,,e,\ gmis 2 414 4 404; 734 .4OI4 StL A Iron Mt 40 Mn K A T u 1 Mo gm Smr\ran B 87J8 10 57lo! 22 3784 ou gtd so 1011 StL 1st 2 734 Mont Pwr S 2 8S3i 2 89 1 83 3U. 551s StL 1st NY 394 94 1st 1st 94 99 MAM 94 ad 97 N Y Cen 44s 46 Y Cen cv Wis 70U 3.. 10 1 1044' ASKED QUOTATIONS. QUOTATIONS. GOVERNMENT AGAWlpf. Bmnanrleh. DIVIDEJnjS. S'aiHudAMan 145J.Nov. Pra't-Tiltns- DrVTDEFTD TABLE. Pittsburg, tlntarnatlonal Rarvastar 113483,004) 1,665,444.000 J?- - Cg reentered registered StltlronM RIvAGulfls MorrisACb44l Bid. S A TeL.lls Cert Pd 1st pt.. 79 Chi A Aat.. 8 do pf :i C I Ct pf 8 CANW pf...H9 CStPAO pf. ?3 CCCAsLpI rieTe Pitts .. pf. ,'. Con Coal .. Can pf.W?4j Crex Carpet CT AS pf.lfc pt 100 Bdison.li', Den t . , DetAMsck.. .. Det United. .. Dinni'nd M.UT DSSAA pf.. aurpu E:ec stor...:) Emer Rran. ZJ do pf ii KrleAPItts.. .. MAS pf Fairbk pf.iro pf.M0 Gen pf pf.uH1 Granby S3 MAX. I do gf a Gulf SS 91 Harres pf..U4 nomataiie. \1 im pf. w Int Nick pf Int Bait.... (3 Iowa Cent.. ( Jewel Tea.. 20 do pi to Jonea Tea.. KCAFtS pt. Kan C n pf l Eol Sp T pf 03 do KJ & 4 do pf ! Kresge S.K6 134 Xreii 8 H.. U do :m lilt A M..5 L-- m pt 9S do 2d pf..7 Manhattan. Fl Man It Marltn R.. 84 Math Alii 34 MexPet pf.106 eh Ojnt .. MSHM pf... 064 MSSMLL... 66 Mo Plow pf 94 Mor A .. ,.'4 Man P pt .lM MulllnsDpf .. N C A StUilO 03.08 95.10 96.10 99.46 92.93 VO.V9 , 99.10 09.43 NY Oaa H A P as 3 9 5I8H18 cv Oa 1 N Y RysadJSs 16 JS 6 I'l It 7 31 8 W4 12 4Ug 1 6, certificates J 7 N Y T. drb (a 08 3 97 YTelgxn44i 6 w, 3 88i 7 se a Pac is S 794 NorfA dlv is 3 81 NorthernPac ia 8 7734 77 4. \1 a a NcrtbernPacii, 2 66I4 registered adj ia A Cal 1st Js PadflcOaoa 14 8334 Pac Tel T Is 2 W4 PenngmiHs A 6 841s PeoGACfdxS 1 87 Peurta It E 1st 1 03 Pers liarq is A 1 86 Perellarq is B 6 89 Phila Co cv Ss 1923 ao 90 Pierce OU as KM PubServ Istittsg 0 4' 41 4s p 1 3 ... 1 68l 2 71 Pac 4s StL A 37 oexicB n 8 .81 ref C E Ch pf pf Ask. III ii te mt; 9H ii 104 M3 1I44 w i:4 1W M 104 lis UB.OU Pulp Paper United United Sharing, Tuesday Mineral Steel Cotton Cotton 111.1\!. 1.9s3,7Sl months Baianco after 1.952.089 lacoms. 7.146.CVJ lard, lbs. 93.16 98.10 99.44 flour, sacks, 92.84 95.00 1917. $3,430,000 r7L033J)00 95.10 93.04 -5- 1 99.44 99.44 BouthPac I 10.... 9.... I.... 10.... 18.... 10.... 88.... 10.... l3.. 20. Cat Car Net 000 18... 15... ... 18... 8... ,. .109S4 .110 ..1104 ..11044 ..1104 ..113 ..11078 ..111 Hi's ...Ill ...lllU ...111 ...1114 ...til ..lllU ...1114 Norfolk W - South 8 71 Southern By 6 887s South Rygmis 2 1 6\7g Term RR L 1 ,1 8 861, Texas 6 104 1 631a ThrOAv 18 2,14 94ia a au 3 1 fi 371 j CnPac 19-- 6 1034 CnlonPacinc 841a CnlonPac ref 3 77I3 a Cn RR BP fas Un ctfs 1 374 United Rylnvsl 1 CP Realty 1 781g 1 1 781g 104lt4t.\- - ' a tons Rubber 2 8714 13 871j 1 871 4 871a 1 874 2 8 a 107 1 8 107 107U S Steel ..tad 04' 4 8 11 6 M9 Ta Ch 2 2 54!VtroiiRySs ua lac seat1 1 m sanrrao wabaan Series 90ia 881a! S 91 1 Wabash 2d 64 6i Western Klec 1 883t 1. ,.V71a MorrlsAEsiHs Mdls 3 716 adj 4s NewOrlTer4sA! 2 594 4 SanFran W NY NOTex&MSs loots 1 94 19. 12 394 WestPaciflc Cen deb 5 BtLouiaSW WIlaonACo 1 937g 63 8 5 iStLouisSW 2 1 9314! at a 031a St P 89 Co cv 934 107 974 4 Seabd 974 3 76 6 48lg 8 SouthPac Central 1 697g 8214 NorfAWcrSi 30. 6u4 10418 3 104VSooihPar 4 78 do Id ColOrph M Con Cub Deere Det Fed 2 Gen Clfl Gcodrich lpf Air !H!4 IM4 Eeo D M S Shirt Mackay ELt 74 8 Or 6 4 8 81S 00 is M 70 96 N 117H 13 MS 46 34 M 7'J 13 lvO h5 70 10 a- - 63 16 70 3T4 70 36 66 CO lCTft 8 M 07 2X1 111 74 41 Co i M7 ; Mf cv 4.... 10 11 63 of 3t Co cv 4a 97 is 10 78 3a 78 Smeltfnx 1074 714. sf 10 1st ia 89 10 53 14 Pa 1st 10 cn 28 N Ci do H M W A 71 Bid. Xat cio pf 113 Nat CAS... 62 do pf 104 IN'a'EAS pf.Wl Nat Ld p!..W7 S Ry lpf 24 do pl.. TV, NY Air Br 135 KTLaekAW m NYCAStL.. 2s4 do 1st pf. 43 NorfAW pf 69 North Fuel.. 51 Otis It) Pac do 1st pf. do pt. Pac OAE. Pan Am pf SO E. 114 Pet Mul.... 86 do pf 03 PlereeOll pf .103ft Pitts CI pf. 03 PFWAC pl.LWi Pitts Stl pf PAWVa pf Pr St C tlJOl Scrv M Tch 4 stl pf.'.Ot Ren sar Head 1st pf Jl do 2d pf Rem 1st pf.MO Ser Stars Koeb.iO do pf 116 S Pcrto S.3 do pf 105 Stand MU1..1 do pf stl pf.ieo Tex Pacl.T.Ke Third Ave. 144 W O..270 TstLAW.... do pl 15 do c do p 11 Twin City. do pf 88 TInder'd l'n Clr Sti.IS3 do pf 110 Int 2pf.li.; Expr.. (flap Vtah Sec... pf.,1144 Va-- I CAC.. West 1st pf West M Tpf West L'n... Wilson Wool'th pf LOVi Wthtn pfA m Wihgn pfB TO Rlordan A Profit Sharing Profit extra.... Woolwortn IF. W.) Co Cllnchfleld (it. Mary's Land Wednesday Consolidated Co... Electrlo IuTvatment pt Pressed Thursday Oil Am. Oil pf EARNINGS STATEMENT. CHICAGO, BOCK ISLAND PACIFIC SYSTEM. Interstate Commission: September 753 Balance taxs. ymw operstini income. Nine fro... 10.8TS.9l8 taxes. Nat operstiaj 1.17 92.S4 ts 9... . . Aasa 11 as la 754 C S Ss 873g V ts 5 v 3s 994 TsQU Caro s B 1 S834 3 1 Ss . nest 6ta A A 543b 3s 1 814 99ig is 994 7 ! Wilson & 9 2 A L 1 2 I 97U . 4s 4s 4 1 8IS4 is Gulf lVi i 63 17 8 I 1 1 1 1 1 2d Am. fl Ohio Kiev.. Coast. 38 ?) ' C . T Peoria A 91 74 Pub Rep Rep . .'.7 Rem Sloss-- pf.. 33 Sup Tide I .. pf.110 U TT H 23 p.114 li Ya-- 0 C 714 60 22 s$4 pf.. 06 Coal ....... Am. Ina Ine. Irtr. Inc. Inc. Dec. .26 .10 .18 .06 .loe .UK) 11114 274 8.113 Atk. Ii! 115 4 24 107 103 110 16 6 106 N C3 144 ro 100 ) cp 10 Ml lot 05 139 04 14 IM 73 4 104 HI rr 18 11 114 223 240 114 14'. HI Ml 508 It IX, 11 15 13 is 4\ft 1.4 115 2M 140 M 8') ts f4 r. ft tic 09 80 1 ... 5 ... ...12.00 ...14\. ...ll ...14 Prena New Tork. ..no .1103 ..110 Trust rift U48t liwft 1594 l s . AND Re pert to gross alter ll.T41.0y tnjm 121.614 7,998. 1SJ C19.S00 173.640 ECONOMIC OUTLOOK MORE REASSURING Better Prospect Is Oiven lj Business Stability During Recent Weeks. w.2 CONSUMPTION DECLINES Corp\.0 ...II.H Commerce Exports Wheaf, Retail Trade, However, Tloldi Up Remarkably Well, Say Week's Reviews. The manner in which business gas. rally has demonstrate! Its stability during recent trying times of Industrial disturbance and seasonal growth In vol-ur- give a more reassuring aspect ts the economic situation than has been the case In several weeks, according to weekly trade reviews; Consumption of commodities has been appreciably but notwithstanding this re- tail trade has held up remarkably weO. \An early ending of tho coal strike,\ says Dun's Review, \la not In prospect, but with other labor troubles reaching a settlement or losing Influence the economic outlook presents a somewhat moro reassuring aspect Nothwlthstand-In- g disorganisation of production and distribution through widespread Indus- trial disturbances, general business has continued to display gratifying stability, as the monthly falluie exhibits havs and In volume shows seasonal fc'rowth In sections where Interruption or suspension of work has not lessened power. \While consumption of commodities has perceptibly diminished in quarters where disbursement of wages has bees appreciably reduced by Idleness at va- rious establishments, yet retail trade at a whole la remarkably well sustained, and an exceptional absorption of bigs priced merchandise Is a feature still commented on in many despatches, In- ability to obtain adequate supplies with which to satisfy current demands li more often heard of than accumulations of goods through abatement of buying, and reports are not Infrequent of premiums being offered for quick deliveries of ur- gently needed articles. To meat unusual domestlo and foreign requirements, with orders In some cases running) fxr Into 1920. not a few Interests are Jeiilarging plant capacity wherever posalbjle or are contemplating extensions. Ntew con- struction has undergono a noteworthy revlvaL 'The labor problem not onl4 remains an obstacle to the expansion lpf manu factoring facilities but prevents! full pro- duction In marry instances, arJd dispro- portion between demand and supply finds sharp reflection In alir tment of outputs and accentuated str ength of some leading markets. Prices Tens Mainly I p etard, \Whereas the general prasltlon of prices disclosed a slight rectesslon oa October 1, the main tendency has lately been upward, and so long 41 strikes hamper operations at mills ar.4l factories any early or decisive reaction' from the present extraordinary price le vels scenu improbable. With the end of the tcventth week of the Iron and steel strike all reports in dicate that dehnlte progress; is being made In extending the output tbt the mills and thero Ls steady lioprofvement tn working conditions The strjike of ths coal miners has created frtah appre- hension because of the effect It may have on the fuel supply, although proflucers generally are sufficiently stockei for present requirements. Bratistrett's State of Trade says : \Ths trade end Industrial effects (f the cool strike In its early stages ress)mble very much those of Its unsuccessful predeces- sor In the steel Industry. Actual if. fects on distribution are. except In purely coal mining regions, almost negligible. Concern verging on uneasiness Id ex- pressed where, aa In some cases, sup plies of coal for future manufacturing needs are small, but reports from large consuming centres point to thirty to sixty days supplies of fuel being avail- able, and confidence Is expressed that the strike will end before the extreme pinch cornea \The heartening effect on business ma of the strong stand taken by tbs to help order and insure non union mines, which employ a third of the soft coal miners, running and the results of ths Massachusetts election cannot be underestimated. It la felt thai the tide lias definitely turned In labor matters, and this view ts buttressed by the failure of the steel and longshore men's strikes while many smaller labor troubles have disappeared. Commerce at the port of New Yori; has been ac- tively resumed and the tleupe at New Orleans and San lranclsco are expected to shortly disappear. \Aa in the case of many previous troubles, the visible effect tgon trade Is almost negllgibie. Retail trade, ex cept In mining regions, has fvn gooo and stimulated by cooler wtsither, ab- sence of which was apparenj\.:; solely resoonlblo for sporadic reports of quiet noted at a few cities lu recent wee . Jobbing; Trade Is Active. \Jobbing trade Is very active, a d wholesalers reoort activity with mors noticeable buying for spring and forward positions than In recent previous weeiis. Gains over a year ago In volume and value aro very generally reported snd the main complaint still Is ths scarcity of merchandise and slow deliveries. \It would be Idl9 to deny that hig levels of all prices and particularly ol staple cotton fabrics is causing so.o concern, but It is felt mat ta.i trauo securo and where doubt exists It It 0 centrated on probable effect of high prices at wholesale being rer.ectei in still higher retail prices for goas next spring or beyond. Wearing ap parel of all kinds Is still In ths rort- - front of demand in all posit! iri.'i trom mill to retailers. Woollen g\ous ar rather quieter than are cottons, -- wool Is strong and active here as in a. foreign markets. The leather and ibos markets show no sign of weakness ana shos buying docs not reflect any paise due to high prices. In Jewelry, a-- 0- mobiles, furniture and in fact all !!'' that cater to human comfort or east there Is but one story that of activity, \Orocerles seem In better demand lu strlko affected regions or where Government sales allow of buyers shop- ping around. Buying is active fc cities \Southern and Western reports art relatively best In tenor. Reports s to manufacturing activity show sottM ins oil, due mainly to txistinfc Ubof troubles Collections aro a llf'Ie off, From a few points come complain'\ I ist coal mining regions show a d:sr I Hon to husband payments and tran( f ' ' financial burden to distributers. I lUt ths great majority of reports are of ?romr; payment Commodity price axe, iiroX where not higher.\ Bank of Prat.ce Statenarat. Paris. Nov. 7. The, weeki: sta'.e- - ,ment of the Bank of France SSOWI thl following changes: Gold In band, ItV bu, 171.558 ; peas, bu, 1,600; d -- creased 1.030.672 francs: r.ottH 3,061,400; tallow, lbs, 440.. culation. Increased 44!,. 31\ 15 francs: 8; oatmeal, bbls.. treasury dcooslts. Increased 23.1 SS.H' ILlj?: oats, bu, 161,844; bacons, lbs., francs; general deposit:-- , decreased stearlne, lbs, 682,100; grease, 491.003 francs; Dili disoeunted, s, 80.000; lubricating oil. gala, 152,-- 1 crexrd 24.970.483 francs; advsncea. la-6- ; alcohol, bbls, 64; oil oaks, U-- I creased. 562.839 francs; new advatrcU 6.719,200. It the State, 00,004,000 francs.

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