{ title: 'The sun. (New York [N.Y.]) 1916-1920, November 25, 1919, Page 12, Image 12', download_links: [ { link: 'http://www.loc.gov/rss/ndnp/ndnp.xml', label: 'application/rss+xml', meta: 'News about NYS Historic Newspapers - RSS Feed', }, { link: '/lccn/sn83030431/1919-11-25/ed-1/seq-12/png/', label: 'image/png', meta: '', }, { link: '/lccn/sn83030431/1919-11-25/ed-1/seq-12.pdf', label: 'application/pdf', meta: '', }, { link: '/lccn/sn83030431/1919-11-25/ed-1/seq-12/ocr.xml', label: 'application/xml', meta: '', }, { link: '/lccn/sn83030431/1919-11-25/ed-1/seq-12/ocr.txt', label: 'text/plain', meta: '', }, ] }
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\ ''ii T ; 1 ., . i.i l 1 l t J if : ;', i i i i s . I!' 1 f! n r t ; 4 12 .THE SUN, TUESDAY, NOVEMBER 25, 1919. j..' Maury Rogers & Auchincloss Stocka Bonds Cotjkon Grain Member N. Y. Stock Exchn N. Y. Cotton Exchang Chicago Board of Trad 25 Broad! Invest Your Money Conservatively not overlook the fact DO that railroad bonds, hydro - electric bonds, electric light and povycr bonds, government ana mu- nicipal bonds, industrial bonds and many investment preferred stocks are now obtainable at prices far below intrinsic value. Securi- ties of this character, selected with proper discrimination, offer unusual opportunities, not only as to enhancement of value, but also as to tho return on the invested capital. Send for Circular No. 1678. \Cotuerratlra Investments\ Spencer Trask&Co. 25 Broad Street, New York AMM21Y BOSTON CHICAGO Mum bars. New York Stock Kichange. Japanese Government Second A4& Due July 10, Foreign Sum pod At Market To Yield About Circular on rtqual for AD-26- 5 TheNationalfity ' Company Mifti Office: National Ci! Bank Bid uptown uace: mih An. & 3rd St. Ottfifonitnt Olfett i ever CiMsa. The facts affecting ithe investment stand ing of the Underly ing Bonds of the i'Kew York City Public E Utility Companies tare completely avail-fab- le only to the spe cialist Wm. Carnegie EwenJ rf( Eptetaasl in New York CUu g?S Publio UMii Dondt 2 Wall Street, New York Telephone Rector 3273-- 4 - French Government Securities purchased al the pratnl low rate of I Foreign Exchange will show the investor a large increase in capital ahould con- ditions return to normal. ( Send for dticriptiu circular Colsate, Parker & Co. W Wail street, iwiofn it St. Theodora C. L;NOBLE & CORWIN BntA Corwli 1 Chase Nat'l Bank STOCK & RIGHTS FINANCIAL NEWS AND COMMENT Day's Year to Extrometfy Qnlot Conditions: 38 Contiriuo to prevail in tho 71 40 Stock Market 84 2 2 42 RECOVERY IN FINAL IIOUR 90 9841 124 Specialties and Equipments B4 101 . Aro Still LeadersForeign 136 110 Exchange Improves. R0 92 10U Extremely quiet conditions prevailed 92 main yesterday on the Stock Exchange. 32 1UH Thore were a few special stocks, such 4t as the equipments, motors and accessory Bharcs, which reflocted the gradual re- turn 112 of money conditions to normal, but 70 that was rather aside from the main 96 point of the day, the demonstration of 50 how complete speculation has been, 31 throttled, by the money authorities and 5 tho Federal Reserve Board. Ths rest of , the, list, moved within comparatively nar 41 row limits, improving mow; u n specialties In the forenoon under the 89 impulse of accumulated orders over the 91 weekend, selling1 off around midday, and 100 ' then recovering partially in the last 126 hour, which waa about as It had been 102 expected to do. Had there been any 17 publlo Interest In the trading, advances 61 undoubtedly would have been followed 16 up, Just as was the case all through the 4 biff bull' campaign this year, but in 57 i tho absence of such Intorest in the deal-- i 71 lngsi professionals merely satisfied them-- I 70 stives with quick profits. 88 79 The speculative community waa sraii-fle- d wlth the mannerjn which the rnoney 94 situation Is straightening itself out, but 164 14' there Is little satisfaction in tnat now, however, to thoso who several weeks 29 I ago chose to disregard the high renewal 105 I rales In the belief that the market would 38 i continue on upward Indefinitely. Tho B0 j worst of the declines ia now over and 120 I money conditions are gradually return-- . 112 lng to normal, but it is another matter 1 I tu get a following In an upwardmove-- . 31 mont In stocks now in view of the 113 costly lesson which the public .has ex- perienced 93 In the last three weeks. Even 14 such favorable new developments as 17 came over tho weekend failed to arouse 12 I Interest The whole Street Is still con E8 vinced, however, that there will tie an- other 105 chapter ti the bull campaign Be- fore the whole thing Is over, but It' Is 9 equally certain that this final chapter 21 Will not como until after the turn of 77 the new year, when the fear of money 46 difficulties shall havo rassed ana wall 77 Street been able to work up renewed 62 rnnflilence In general underlying busi 145 147 ness conditions, which have been rather 99 101 upset by reason or developments in uie 97 last few weeks. 68 The star performers of yesterday's 57 session and for that matter ever since 117 113 the last upward swing came to an end 57 were the specialties and equipments. 26 Baldwin Locomotive had a very sharp 41 upturn in the afternoon, which carried 62 It about 5 points above last Saturday's 27 closing, while renewed interest sat in 73 the motor stocka and accessory shares 19 by persons who roallzcd that, although 36 speculative conditions have beon pretty 85 generally upset, tho coming year will 40 be the most Important from the view- point 42 of sales in the history of the auto- mobile 23 industry. Another very proml-- 1 65 nent feature of the day waa Worthtng- - 63 ton Pump, which made a. net advance of 92 64 11 points, following the Mport that di- rectors would hold a meeting shortly. 90 This company has profited tremendously 17 in the last year and Wall Street assumes 35 that directors can hardly fail to remem-bo- r 92 common stockholders In some form 12 or another at their next meeting. The 83 'standard stoek3 \were very ftiaet!veal- - 215 ZJ5 though they .held their ground fairly 99 103 well. The coppers continued to display 47 weakness, undoubtedly on account of the S3 doubtful outlook for forelgrfibuslness. 15 Jn view of 'the favorablo showing of 28 23 137 137 the bank statement on Saturday the 106 106 money market acted About as expected. 14 Call money opened at 7 per cent, which 24 24 was the renewal rate. This Is the lowest 93 94 which call money has renewed at in more than three weeks and Is expected 42 42 to be followed by a further reduction in 40 41 the rates to.day. The money situation 20 21 has Improved greatly In the last week, 73 75 but It would be foolish for speculators 169 170 to disregard the warning of money au- thorities, 336 337 especially In view of the fact 91 92 that there Is likely to be another period 90 90 of Ann money nround tho first of the 81 82 year, when the end of the year payments S7 60 are made. The foreign exchange market 83 84 acted much better; sterling, francs and 39 40 lire all Improved, confirming In part at 37 38 the In this col- umn least theory expressed 59 60 several days ago that the bottom 91 92 had been reached In the foreign ex- change 51 54 market. 4 14 14 MONEY AND EXCHANGE. 22 83 85 132 132 CALL MONET. )52 62 Mixed Collateral. All Industrials. 103 105 Hlfh 7 Horn Low Low 24 25 Last Lat 70 71 Renewals Rtfiewili 65 66 Year's hlrt.... Vear't hirh 42 42 Tear's low Year'i low., 22 25 TIME LOANS. 17 18 Mixed Collateral. AU IndtutrttU. 29 31 ( BlitT din Slitr daj 47 49 Ninety dajl.t Ninety dr,. ....... roar moDttu... rour months ...\ 85 87 Five rnontht S Five months 33 35 Six months ( Six months.. COMMERCIAL PAPES. 45 45 prists Indorsed DillajSlx months HCK 68 71 Rirelrabla. i uiaer-naincs- . 49 49 fllitr dare (UeSU Three to alx 41 41 bi moniDi IHb'K CLEARING HOUSE STATEMENT. 33 38 Cleirlnr House exehanrei, JJW,99,91; bal- ances. T.STJ.9T0 : credit bal- ances, JSMUli;' Federal reserve credit' balances, 122 134 II,1,7P. 203 204 DOMESTIC EZCHANOE. 106 110 Boston, par: Chlcaro. par; St touts. 2ta 24 24 tic. discount: San Francisco, par: MoalnaT, 60 61 lO.HH per J1.000 premium; Cincinnati, par: 61 61 Mlnneipotis, 10c. premium. SILVER PBICES 15 16 Bar silver In New York (actual) tl.lsfc. 83 84 un lc: In London, 7SMd.. UD 1UL: Mexican 11 11 dollars. up 10. 27 28 FOIlEION EXCHANGE. 45 46 Frei 63 57 Hirh, Low. Sterllnr Last. close. Demand... Jl.MVi t.05. .MU. M.01X 46 46 Cable 4.07, 4.M 1.01 ! 35 36 65 66 Demand... M .S .M !.( 118 122 Cables .M .M I.U 1X1 Mirk- s- 12 13 Demand. . J M J.SJ 1. u i.a 79 80 Cables 2.H 3.40 2. C0 iu 100 114 Normal Yesterdaj's Close 15 15 rate uemand of Exch. orcbecka. Cables. 72 73 t.MU Sterllnx II MU MOTH 22 33 S.MU Psrl .M .M 18 19 :.M Juris :.j iso 100 101 J. 1111 Belrlum ,oi .00 China 85 85 Honrkonr j.m I.MH 75 77 Shanghai i.to l.'OV 50 50 1J.S0 Greece 17.14 17.70 50 62 K.ti Holland ru H India-Bom- bay 9 9 u 11 11 0. u 137 139 Yokohama tgu M.CO Philippine lsland- a- 36 37 Manila !V 60 60 1.U1I Italr...... 11.13 . 1180 60 61 I.W Scandinavia 89 39 Stockholm tj.M an 108 103 Chrlstlanla 11 to mi Copenhagen to.ll South America 42 42 11.41 Rio 21U. as 33 35 1 0304 Arrentina (rold).. 91 U.M Bnenos Aires (j.u U.ti 3S 39 1J.19 Pla II 0 n 24 24 1.1111 Swltnrlsnd (.11 l.M SJ! 12 !!. Russia (Currtney) Bid. Ask. 78 78 103 rabies 4.0) 4.te ID ruble 4.m i. so 105 110 TIME BILLS ON TltmnM 18 19 New York Bukar. I 1 .immercUL o: ? w Vi4 JI.SIU M \JS-- . ....... tj oars .:. iMu NElW YORK STOCK EXCHANGE PRICES. Monday, November 24, 1919. 1919. 1918. sales .. 799,703 966.045 date. 2S4.109.60S 129,488.710 Dir. IrtnM. i lll.h. LOW- - la I. Sslea. I To. est. I est. 33 ' 100 Adams Express i. 83 '33 33 41 300 Advanco Itumely 40 40 40 72 100 Advance Rumely pf..... 71 71 71 87 100 AJax Rubber 85 85 85 2 100 Alaska Oo'.i Mines. 2 2 .3 2 900 Alaska Juneau G M 2 2 2 43 400 rs Mfff . . . . 42 42 42 93 400 life pf . . 90 90 90 94 100 Am Agrlcul Chemical . . 93 93 93 96 C200 Am Beet Suirar 95 97 95 125 700 Am Doich Magneto..... 126 126 124 54 4800 Am Can 54 54 64 102 400 Am Can pf 101 101 101 137 1500 Am Car & Foundry . . . . 135 137 135 116 100 Am Car & Foundry pf . . 116 116 116 51 100 Am Cotton OH .'. 52 52 62 95 100 Am Cotton Oil pf 93 93 93 10 eodi 1700 Am Tr.tElst Syndicate 10 11 10 100 6, 400 Am Express 90 92 90 33 200 Am Hide & Leather .. . . 32 32 32 125 900 Am Hide & Leather pf... 124 125 124 46 200 Am Ico 45 '45 45 67 200 Am Ico pf 66 66 66 113 4500 Am international Corp... 113 113 112 (U7 900 Am Linseed Co .. ... . 70 70 70 96 10400 Am Locomotive 95 97 95 51 100 Am Malt & Ornln. 51 51 61 81 17400 Am Ship & Commerce. 31 32 30 66 6100 Am smeit & iter .. G7 67 63 99 500 Am Smelt & Ref pf 98 98 98 41 600 Am Steel Foundries .... 41 42 41 140 3500 Am Susdr Ref 138 141 138 90 1400 Am Sumatra Tobacco .. 90 90 89 95 100 Am Sumatra Tobacco pf 93 93 93 100 1100 Am Tel A Tel 100 100 100 127 7100 Am Woolen' 125 128 123 193 200 Am Woolen nf 103 103 102 18 100 Am Zinc, Lead & Smelt. 18 18 18 61 9300 Anaconda Copper .... 62 63 60 20 200 Ann Arbor pf. 20 20 20 5 1200 Assets Realization .... 5 6 5 58 5100 Associated Dry Goods '53 67 53 72 400 Assoclat Dry Goods 1st pf 72 72 72 73 400 Assoclat Dry Goods 2d pf 72 72 72 89 1300 Atch, top & Santa Fo 88 V, 88 79 800 Atch, Top & Santa, Fe pf . 79 79 79 95 100 Atlantic Coast Lino . . 95 95 95 169 1500 Atl. Gulf & W I B 8.. W 169 1C8 15 200 Auto Sales 1B 15 16 30 200 Auto Sales pf 31 31 ,30 106 84600 Baldwin Locomotive Wks 107 112 107 38 K 3100 Baltimore & Ohio .38 38 37 50 300 Baltimore & Ohio pf.... 50 60 49 125 800 Barrett Co 122 123 122 114 100 Barrett Co pf. 113 113 113 1 200 Batopllos Mining 1 1 1 32 1100 Bethlehem Motors 32 32 O 114 100 Bethlehem Steel 8 p 0 pf 113 113, 113 95 9100 Bethlehem Steel B 95 96 94 16 600 (Booth Fisheries 14 14 13 17 1700 Brooklyn Rapid Transit.. 19 19 17- - 13 1900 Bklyn Rap Tr ctfs of dep 14 14 13 60 100 Brooklyn Union Gas 59 59 59 107 700 Brown Shoe 107' 108 107 66 10 Buffalo. Roch & Pitts.... 55 55 55 10 300 Butte Copper & Zinc 9 9 9 23 200 Butte & Superior Copper, 21 21 21 77 600 California Packing Co.... 76 77 76 46 2100 California Petroleum .... 43 46 43 79 100 California Petroleum pf.. 78 78 78 63 200 Calumet & Arizona 63 63 60 10 400 Canadian Pacific 146 146 146 100 Case, J I, Thresh Mac pf. 3 99 99 97 3100 Central Leather 97 96 58 4500 Cerro de Pasco Copper... 69 60 53 58 900 Certain-tee- d Prod Corp. . 66 67 CG 1400 Chandler Motors ......... 117 118 116 57 1300 Chesapeake & Ohio 53 58 67 27 100 Chicago Gt West pf 26 26 26 42 2100 Chic, Mil & St Paul 142 42 41 62 1700 Chic, Mil & St Paul pf... 62 62! 6 27 1300 Chic, R 1 & Pacific 27 27 7 75 . 30 Chic, R I & Pac 7 p c pf . 73 73 73 20 2200 Chile Copper 20 20 19 36 4900 Chlno Copper 3S 3S?i 36 90 lOOCluett, Peabody & Co... 86 86 86 40 500 Coca Cola 40 40 40 43 600 ?ol Fuel & Iron 42 42 42 24 400 Colorado & Southern.... 24H 24 23 65 10400 Columbia G & Elcc 66 66 65 63 3100 Columbia Graphophono .. 64 64 j 63 94 100 Col Graphophono pf 93 93 93 65 400 Consolidated Cigar 64 05 64 91 1800 Consolidated Gas 91 91 90 17 300 Con Interstate Cal Mln.. 17 17 17 35 3100 Consolidated Textile . . . 35 35 35 92 - 7 3100 Continental Can ....... 92 SS 13 600 Continental Cindy .... 12 13 84 3300 Corn Products Ref 84 84 83J 13 .10400 Crucible Steel Co 213 218 213 7 200' Crucible\ Stee'l 'Co pf '. .\. 10O 100' 99 17 12100 Cuba Cane Sugar 47 48 47 83 7 600 Cuba Cnn Sugar pf.... 83 83 63 16 1600 Denver & Rio Grande pf 15 16 16 Vx '3 1100 Elk Horn Coal Corp.... 30 30 30 3 3275 Endlcott Johnson 134 137 134 7 100 Endlcott Johnson pf . . . 106 106 106 15 700 ErIo 15 13 100 Erie 1st pf 24 24 21 200 Famous Players-Lask- y ., 93 93 93 8400 Fam Players-Lask- y rls., 7400 FIsk Rubber 41 42 41 300 Freeport Texas 40 40 40 400 Gaston, W 4 Wlgmoro. . 20 20 20 400 General Clsar Co 73 74 73 700 General EUctric Co 170 170 169 11800 General Motor Corp 335 338 333 456 General Motor Corp pf . . 92 92 92 6100 General Motor Corp deb. 91 92 90 2400 Goodrich (B F) 81 82 81 100 Granby Consol M & S... 58 63 53 3800 Great Northern pf 84 84 83 1400 Great Northern Ore ctfs. 40 40 40 1200 Greene Cananea Cop.... 38 38 37 900 Haskell & Barker Car. . . 60 60 60 100 Illinois Central 92 92 92' 4700 Inspiration Con Copper. . 53 55 63 5 6800 Interboro Con Corp- - 5 6 4 6500 Interboro Con Corp pf . . 16 16 13 231 200 Int Agri Corp 21 21 100 Int Agri Corp pf 84 84 84 200 Int Harvester Co new. 132 182 182 4400 Int Mer Marino 53 53 61 1300 int Mer Marine pf.... 106 106 105 3100 International Nickel . . 25 25 .24 3200 International Paper ... 71 71 70 133 International Salt . . . . 65 65 65 800 Iron Products Corp... 40 200 Jewel Tea 24 24 24 100 Kansas City Southern.. 17 1?4 17 9100 Kennecott Copper .... 30 H 30 29 1.20 3800Keystonc Tire & Rubber. 49 49 48 1800 Lackawanna Steel Co. . 87 87 86 600 Lee Rubber & Tire 35 35 34 1200 Lee Rubber & Tire rts. 3 900 Lehigh Valley 45 45 44 800 Loose Wllei Biscuit.... 71 72 71 600 Manhattan Elev guar. . 51 51 i 2100 Maxwell Motor 42 43 100 Maxwell Motor ctfs. . , . 42 42 41 100 Maxwell Motor 2d pf . . . 36 35 35 100 Maxwell Motor 2d pf ctfs 35 35 35 7 600 May Dept Stores 120 123 120 10 9100 Mexican Petroleum 204 205 201 8 100 Mexican Petroleum pf . . . 103 108 108 2 400 Miami Copper 24 24 24 1.20 2300 Middle States Oil 61 62 60 4 6500 Mldvale Steel & Ord 51 61Ti 51 100 Minn & St L new 15 15 15 100 Minn, St P & B 8 M.... 83 83 83 300 Missouri, Kan & Tex.... 11 11 11 900 Missouri Pacific 27 27 27 500 Missouri Pacific pf 44 45 44 200 Montana Power ........ 60 60 59 1200 Mulllns Body, 45 46 44 500 National Acme Co 35 36 35 900 Nat Aniline & Chem.... 66 66 66 100 Nat Biscuit Co. 118 118 113 600 Nat Conduit & Cable. . . . 12 12 12 6 1600 Nat Enam & Stamp 78 79 78 7 100 Nat Enam & Stamp pf . . 102 102 102 1 2400 Nevada Con Copper.... 15 15 14 5 1400 New York Central 72 73 72 1600 New York, N H & Hart. . 81 32 31 'i 100 New York. Ont A West.. 18 18 13 7 700 Norfolk Western 100 100 100 7 2500 Northern Pacific ....... 86 85 84 5 700 Nova Scotia S A C. 75 78 75 4 1600 Ohio Cities Gas 60 60 60 2 300 Ohio Fuel Supply 51 52 61 50C 1500 Oklahoma Prod & Ref. . , 9 9 9 lOOlOntarlo Silver Mining.... 11 11 11 lOOIOtls Elevator 140 140 140 2100lOtls Steel 37 37 37 600 Owens Bottle Co. 61 61 60 200 Pacific Gas & Elec 61 62 61 100 Pacific Mall 87 37 37 10200 Pan-Am- er Petrol & T.. . . 109 109 107 2S00 Pan-Am- er Petro1. & T rts. 2500 Pennsylvania- - R R 42 42 42 300 Penn Seaboard Stee! 34 34 33 400 People Gas, Chicago.... 38 39 38 900' Pere Marquette 24 14 24 200 Philadelphia Co 32 33 32 71100 Plerce-Arro- Motor 74 81 74 1200 Pierce-Arro- w Motor pf... 107 110 107 1600 fierce mi v,orp. 19 19 13 ppH.ttntJc! W.PpIri QA& J. if GOSSIP OP WALL STREET. An Antlsepilo Mnrket, The .thoroughly . cloaned, deodorized 1917. and strictly antiseptic market proceeded i8io'Mi In an orderly and orthodox fashion on Day's Year CiOS .et every Indication of the conviction that 1 Int. Cunts- It has been roped, hog-tlc- d and branded 33 - 1 and Is now as tamo as a lamb and pure 40 as driven snow, In one or two particu- lar Bid. 71 cases It showed' a disposition to 85 break away, but, taken as a whole, It 100,08 2 was such a market as had been forecast, 94.30 2 a dull, unlntorostlng affair, Us prices 92.08 42 fluctuating between ndrrow area nnd 94.50 90 1 most tradors ready and willing to' scalp 93 1 profits on the short or tho long side and 92.32 126 96 1 without any definite trend on which to 100.96 64 hang n peg. Strength In tho motors, 94.22 101 equipments and a few specialties was 92.36 137 2 offset by weakness In others, particularly 99.20 1 I coppers. Thero Is no Indication as yet 116 I ' ..,.. hn V, .mat miKttn tinvtno nm, 99.20 .its v..a. ruunv uujtiiB (yiiu. 52 - 93 2 I'Whlch swept the market forward under a terrlfflo momentum Is even thinking 1 11 92 4 about getting back In, and until It does United the ebb and flow'of tho market such as 32 - 125 was seen yosterday may bo expected to 102 An 45 2 66 2 In. e 113 2 70 1 6.. 96 1 In the are 4.. 61 are 1.. 31 In of a to all of .90 98 Its 1 42 1 1 now Is the to It 48 14 ns of 00 1 aro an 93 of 10 aro to a at .... 1 of of 18 Is In 61 1 all nro 1 1 of 20 to cut 1 1. 5 Is In far 1 57 6 the 4 72 72 2 of a IK 88 20 aro D.. 79 \ Is In all 95 1 are 2 of the 15 3 30 are to a 2S 115 '6 of 10 all tho 88 of for 49 3 123 .1 oil Is on . SHs 113 tho of tho In tho 24 1 of tho 7 of the war the Is 32 4 113 the on tho All 95 Is to us our 11 In 0 14 17 1 are 1 1931 all the 13 1 1 to us. 59 1 1 4 56 \ 3 9 It tho nf w. n 21 1 of the 77 46 2 to 4 has a of the 7S - 1 2 60 7 lor his was 99 3. 97 as tne on 0 in tho of Oct 58 wbb He 57 2 2 of 57 - 1 now to 1 26 1 out 4 41 the 1 62 3 27 oieei war and 2 73 to the In 19 in N Y 36 2 was of 1 86 3 th 40 NY \ to ran It up 80 42 6 nt It Is out 23 of of Its' It\' is 3 65 not In the NV 63 1 the tho ov 4 93 bill the 65 1 be 90 by nil Is 17 on the are 6 35 it is Am Air 92 4 be-- 3 13 83 10 217 4 99 8 a j 47 In the 34 83 so In the 16 os the of C 30 1 by a 6 not de 106 by of the : 14 ot 24 but 1 93 0 the In was by 1 42 on the the 8 40 \ was was In 20 the 74 to be T 169 1 In Its 337 6 the Is 92 are 90 1 the It Is up 20 81 Its Rid. I 58 2 83 40 37 1 101 on tho 60 101 be 92 120 54 - 1 Is as nro as 01 U 4 98 mo as are 14 of Is the 22 go on an $8 Is 84 It be a by 34 In the of 84 52 It be 105 If one of two 107 25 not 71 84, 101 65 tho to 95 42 the at 91, an of 11 24 1 for the 17 In the six 27 29 ' of was tp J0 a 49 net was on 14 87 of 34 was on of the fo. 70 H 44 the for tha be 73 1 In 24 9i 49 3 a of Is 61 41 for the 41 1 now 75 35 1 to a for the 118 35 1 112 123 3 45 1 11 H 108 2 It of a to 24 the 61 of the Is 61 no In ol 14 15 -- \ 84 83 to the S3 11 was tho Hf,k 27 ot to 19 In the 45 20 21 59 1 46 1 it waa mat a 51 36 In was Its 140 66 1 2 Its 9 12 all 17 79 2 90 102 the 22 15 a 56 72 22 32 76 18 the 41 85 75 50 by '16 62 1 In the of 9 ' Its to the 75 to all ot 11 37 the new to be 67 60 1 be 113 62 ' to be 88 37 of on 29 nt - H ot 28 - H the to out 42 H to the 7 11 33 H per of 24 39 U on 1, 63 24 H of was 87 82 - V to 53 78 2 of on 2S 14 the to to new 67 18 U up to 9 In the 31 of of new 91 for at a 79 I 94 BONDS YORK. STOCK EXCHANGE. ...yi.tx4 Stales, Foreign Governments, Railroad, Industrial and Other Honas continue until the strong tide again sets 4... Fifteen Dtlylnsf Ileasoni. Some houses Street la.. bullish and sotting forth their reasons unmistakable terms. One them has been letter 103.. customers outlining fifteen reasons why time buy stocks. 140 enumerates them folldws: (1) stocks City cheap; (2) prices havo dropped deaux average points and entitled 100 (3) prevailing recovery.; prices CltyofLyons 126 many stocks show handsomo Investment 102 returns; (4) maintenance present City dividend rates assured practically cases; (6) many corporations preparing melons; (6) call and City time money mora liberal sup- ply;' (7) banks throughout country have more money than ever before; (8) United dangers money stringency have passed; (9) crops bountiful; (10) thero great activity Industrial lines; (11) labor conditions steadily 1681 Improving; (12) railroads coun- try 1KI911 bound get squaro deal through rate increases; (13) mining descriptions will soon feel effects 5KsUJ9 record breaking prices metals; is., (14) producing and refining verge greatest boom history that industry\ (15) with ending United States foremost nation globe. Dom Europo Indebted and vast resources money, man power, mineral and other products wholly unim paired and world's markets 'are open Itep 10S nsor The Equipments. hardly took statements Woodln, president American Car JapaseselstlKi and Foundry Company, convince everyone who made study Eng situation that American manufacturers 146 must supply Europe's oqulpment needs Japanme Eng many years. But statement used peg, nevertheless, which yesterday's movo stocks this grbup based. declared that 2... 118 France and Belgium alon'o need $500.-000,0- Japanese worth railroad equipment right supply their growing needs and replace equipment worn during war. Car and Foundry, Baldwin Locomotive, American Locomotive and Tokyo rcsjeu responaea easily quickly Interest the rltuatfon. The buying, particularly Baldwin, Canal such Insistent character that many weak kneed shorts wcro after stock cover and more than points, which somewhat NYaty4)f84 line with others group. overlooked. equipment Issues, that President has signed equipment and that nroDose'd plan under which foreign orders wilt Alaska pooled large corporations still Series fire and cooking. Reports current tnat nearly done and will officially announced soon. 3... AmSmeltftR Motor Stocka. AmTftT There probably lius never been ported deal motors that has drawn much attention market AmTftT has proposed stock control Plerce-Arro- General Motors, ru- mor 137 which will down. Official AmTAT nials have been made officials uenerai Motors Corporation and AmTftT rierce-Arro- w, Wall street recalls recent Fisher Body deal. which Armour official denial made General Mo- tors officials, even day deal closed, that any such thing air. I'lerce-Arro- particularly ap- peared yesterday under pressure accumulation common and pre- ferred, and logical conclusion that automobile world leaders nick stock. m6re than points from recent record low. 62H IVorthlnRton Pump. 2?'i r Two guesses Worthlngton Pumfc dividend problem, which will discussed and probably decided this afternoon, current One Just about good otner, they both guesses, any- how. One them that common will basis. Tho other that 78i will $10 year. But the manner 132 which Street took hold Worthlngton Pump yesterday would G3U greatly surprised the actions taken. Starting around 106H Worthlngton advanced almost perpen- dicularly throughout day and 13?i closed day advance 17i points. Worthlngton's balance 14?i common stock after taxes first months 1919 equal 83H share. This accomplished shipments $16,000,000. Tho second m half year started unnlled orders 4!v4 $17000,000, and thus balance stock year should around 9SV4 MO. Combined with earnings 1918 and 1917 balance more than $82 shown three years. Working capital totals $24, 000000, equivalent $200 share common. 202 Coppers Weak. doesn't take very much wind 296 blow coppers over these' days, and because fact that- there practi- cally 45K short Interest tho stocks this group any unfavorable jiows leaves them wabbly, say least This un- favorable news vcaterdav 52U copper cents New York 624 market, against and cents which SOU dealers have been steadfastly holding- - for. 129i4 reported large selling agency New York pressing copper tof sale and that other agencies 210 118 were following lead. Anaconda, Utah, inspiration and Kennecott were under more than usual pressuro during day, and closed with losses which averaged approximately point. Capital Stock Increases. 104 100 The $tudobaker Corporation and Mulllns Body Corporation announced 122 yesterday that their proposed cnpltil 1144 stock Increases have been approved their stockholders.. case Stude-bak- er 105 stockholders ratified the plan 113 11U Increase authortred capital stock 140 from $45,000,000 $90,000,000, stock common. There will Issued Immediately $15,000,000 common stock offered stock- holders record November 105. 8?i 108 Tho ratification this stock Increase enables directors carry their 53U resolution redeem $15,000,000 cent, serial notes the corporation January 1920. The Mulllns Body Increase common capital stock from 70,000 100,000 shares and stock- holders record November have 110 EH rights subscribe the stock anil Including December proportion three shares stock seven snares, now helci $14 share. IN NEW Monday, November 24, 1919. 1919. ' 1913. sales . 122,594,000 $13,593,000 to date 8,173,820,000 1,693,895,000 RANGE OF LIBERTY BONDS. Closing. . Sales (In Asked. Yield. 31,000s), Open. High. Low. 10012. 3.49 788 3s (1932-4- 100.02 100.10 100.0 . . . . ,. . ' a n A. A A HI flJ Tin 94.50 4.36 43 ISt CV. 4S llVi--!)- .. \\' 92.12 4.54 376 2d 4s (1927-42- ) 92.40 92.52 92.00 94.60 4.60 183 1st CV. 43 (1932-47- ) 94.50 94.50 94.40 92,36 4.70 2,054 2d cv. 4s (1927-4- 2) 92.52 92.60 92.30 101.00 .. 94:24 6.00 I BIS 3d 4li8 fl928i 94.22 94.30 04.20 92.40 4.85 4,568 4th 4 s (1933-38).- .. 92,54 92.56 92.30 99.22 4.86 3,410 Vic. 4s (1922-23).- .. 99.24 99.28 99.20 99.22 3.89 l',200 Vic. 3s (1922-23)- .. . 99.26 99.26 99.20 lofrearhta AT A Sr gen (r O It ft SI V CT 33., ....4034 NYAlrBrer 6s GI S 73 1U1 ....60 2 9)8 t67s 8 ;78l 2 73lj 38.. ....4034 .V Y Cen 4Hs v( 7 78U 1 73lg 1.. 60 1 70 98 6 20 . ...78 1 73U a,. ,405a N Y Cen A 07 ATfcsTadJU 1 73 20.. ....4913 1 60 SO 0 Stamped CblMllft tP4i 10.. ....494 NY Cen LS IKs ....06\U 3 71 0 66U 20.. ....4013 2 04'3' ....OoJa 3 7139 I .68 1.. 4934 rruterea .'...t81 O 71. IMJ 0.. ....49U 1 63 ....do-V- t 3 71 2 785 2.... ..4013 N Y Can deh ts 8 Atl & Char! ts O M ft StP deb 10..., ..49U 8 03U 08o 1 87 ta 1.... ..4913 1 031s UOH Atl O Line 4fe 2 68 15.... ..494 8 9.H4 003s 3 77U Chi M ft St P 22 49 10 03 Bor-- f \ AtC Lino clt 4 J K' 01 4914 3 03U ta .6..,, ...71 3 60 0 60tg NY Oas ELt II M ,.,59l4 ft P 54 Halt k Ohio 4i 3 5..I. fi .57)3 10 493 : 83ia ...v.;j to 4....;..Ml Chi Mil ft St P 3 4!U NYNIUIIlsM 1 0214 493 1 81 ii....:.v2i. Oft-- Ws 2 1 02)3 Mar- seilles 0.... ...0738 6 49U 4 SO 3 Vi Oft N 3 .'.4DI3 NYNII&H1M Cs B k. O la 1MI WgtnM eaia 1.......08 1 493s 1147 8 63U Paris ea C&NWdebigu 4 40U 2 49 osu O S3 S 1 ll...r...49t8 N Y Kxs adj 5i 7 63 OSIW ChlltlftPRy 4s Interboro-M- et 1 7 3 6173 BSU 1 73U col trust 4Hi 13 714 U ft O CT 4HS certificates 3 10 Klnadm Ch!RIPref4s 1 64 Ml 1 665g 3 187s 1 678 076 1 63U 14 6631 CO ID N Y T.I deb ts 071 2 61 6334 1 60S) 1 1834 S 08 10 1S......078 83.......0613 1 f9 NYTelrmlHs 071. IS 2 63 63U 10 663) S 18U 2 84 rets 0 66I3 n lain 8 83 BaltJtO told 41 0778 ChlUnfitn4Hs 27 18 1 8214 70 2.......068 66( 12 82 1 1778 Norfolk Sou M 08 .1 fi 600) Chile Copper 1 B, .171a 1 601? rots' 1 O6I1 1 108 4.. ..1714 NorffcTfcTit oe'e flalt&Ohlo 1& Chlla Copper ts 85.. ..17 1 104U oou 10 8478 1 827g 85.. ..1713 1 104 1937 DaltAOaW 3149 20 82 .. ..17U 2 1037g 001. S 778 1 62U 4.. .178 16 1031a PO 1 82s rertlflrates Norfft W dlr 4s 7 77 12....i..M4 DaltftOPLE 3 82 IS I8I3 0. ......8178 SH .18 SOla ft W Va 4a Canada ta 8 SO 1 8134 30 1818 St 1 81 13 18 BfthSt tit 073 1 88 17 80 10 17 071. CCD A St Lta 1 1714 Elm Rap Tr 7s 3 P2 3 17U 6 40 03l3 6 48 COCA8tL(mi4j 10 1718 ofCubatKs certificates 8 60 S 1631 771. 6 48 CCCAStL H 64 17 Mexico !j 30 4S 1 '.78 Int Air Ch Ss ,43 2 7713 1 83ia Bkn Un El 1st 10 65 Col So ext 4Hs Int at Nor 1st 67is; 8 7S 1 01 Cal Gas ft E It Columbia (l&E Int M Marine SOU 1 SOU 1st rate 5 1 03 std 7 COH 1 83 5 1413 83 2 SOI3 CoraTabltee Cs Kan City So SdlH' Canada 80 (a 1 87 1 C6I4 std 20 86 Con Oas cr Lack Stl ta 1939 SII3 Cent radflc 1st 23 OOI3 3 O.Va SOU 2 74I3 I OOTs LarlrdeGas fdg std 1.......75 8 OOI3 2 84 Cent Pac SL 4a ....81 25 005$ L8&M3 4s IMS 1 78)3 North Pac 4Ks, 1 82 Northern I'ae 4s 17 77 NorthernPac Is 12 8534 OrRall&Nav 4a 10 7JU 3 771a UranortLine ss 1 100 3 100U Pae Tel ft T lj ej 4 87j 4s 651 J 6 64 8514 87 OSIj ts 6513 1 87 Penna ts 19JI ' Is 10 10 14 019 1 13 gm 4M A 6 82)3 S 7013 2 00-1- 3, RA121 10 M Central Oa IU D.a\ft'ni0O4 1..S6...87 renna 4Ks I960 s.......wa'a fl 831. r t . . l t - 5 mis Ont of Oa ts 8 63 . . ml Penna 4s 10M 3 05 Det Ed ea 1913 Cen Leather to 3.. . .05 jpenn-i- 1 975s ni.iMr.q. k. Ai\jt vVati Am 2,,,, ...77 Chea ft Ohio h 3 gg in ana rcorla & E 1st 12. ...... 03 Erie cr 4saer A 60 0Ocri4 1 llanhat Ry 4s 1'ero Mara A 4a 83's Erle'cVuaer n 2 67 4 843 10058 2 8318 2 4018 1 5634 P reMarq 4a u 10 40 rtamped 1 67 atylWKM cwfc0 4jB Eriecr4sserD 0 67 Secur ts Midland NJ 1st 07 12 12 44 2 38 9714 CitTJKsM 0P4 OII3 Oils OH2 Penn Prov 7313 O Oct (Us FaEast04Ws 1 72 Pub Serv Corp 4 77 a ......77' Mldrale Stl M of N J 5s Chi Alton iKi Orat Nor 41(1 1 85U 10 1 30 1 3 S3 O 80I3 1 60 83 Cnl ft Alton Is HarlemAPO 4s Minn ft St L Ss! linillna ri 4s . 1 3 1 76 6 81 CB&Q Joint 41 \m Minn A Rt t. 4a Q cv 6s Hud fd 6 !?Ol3 B 4 . , .391a' 1 8014 171a 10 MoKmAOk It 3 SOIa ov ir. Sf 6. S4 f. , Read JO clt 4s 061i 2 60 1 80 ....98 . 6 048 4 .....84 MoK&Tsf 4K 1 8013 la 42 Hud&Man d 1.. ..29f3 KIchAD deb is saig ChlBftQ s 4 13U Mo E ft Tex 4s 3 02a CT M 4 7014 4 I21b 5 6U3 St' A Iron 31 4s . 13 ...nl OOlj 4 7012 43 12 3 dois 2 783 Illinois OeniVyi M? Psc 13 1 Sbd a'l adj 09 CbtBftQIU 3H) 1 0234 ' 1 441a clt s 1 74f4 Icterb K T ref Mn ae am 41 12 44 8713 1 74)9 la llll 16 67 MLfc H:nFrn 831s Chi Ot West 4s 1 SOIg I SIOl .\cries A 83 10 5313 10 to 2 5678 3 5fAi cv4Ks ChIndtBo4s 26..j..,.r0l8 3 6634 5 605s s 2.. .,..73li 8 ..80U 1 B7 40 801a clt 4.1 CliJc-tl't- lt,.,....60l8 Montr'lTramli 3 5034 8H4 4Ki 71 60 1 to 1 5038 s 10 7818 0 49 NatEnamcln ts StL ft PanKran 4M 6 75 21 60 10 07 Series II 83 14 OMtStP v Is 15.......40t( NO lex &M ts 15 6734 8313 8 71U 11 49'8 1 6258 2 671; NEW YORK STOCK EXCHANGE PRICES. Continued from Columns 3 and 4, -- Clos!nt- Ask. iwas new SO3 DlT, lOpen-- I In 1 Sales. in;. Ins;. 64 900 Pittshurg Coal of Pa. . . . 63 63 02 30 400 Pittsburg & West Va... 30 30 30 100 Pond Creek Coal 23 23 23 102 3400 Pressed Steel Car 101 102 101 102 100 Pressed Steel Car pf.... 100-- 100 100 121 200 Pullman Co 121 121 120 92 6800 Punta Alesrro Sugar .... 89 V 93 89 98 800 Railway Steel Spring... 98 98 97 21' 1800 Ray Consol Copper 21 21 20 79 DS00 Reading- 79 79 77 35 400 Reading 1st pf 34 34 34 87 500 Remington Typewriter . 84 86 84 55 200 Republic Motor Truck.. 55 55 54 107 18300 Republic Iron A Steel . . 107 106 107 100 Republic Iron & Steel pf 106 106 106 101 ii 8.70 8400 Royal Dutch Co N Y . . . 102 102 101 14 1 100 St Joseph Lead 14 14 14 18 100 St Louis & San Francisco 17 17 17 15 100 St Louis Southwestern 15 15 15 2S', 200 St Louis Southwestern pf 27 27 27 84 300 Savage Arms Corp S3 S3 15 2200lSaxon Motor 15 15 13 9 100Seaboard Air Line. 8 49T4 30100ISIncIalr Consol 50 50 49 72 300lSloss-Sl)cff!el- (l S & 72 72 72 93 12800 Southern Pacific 99 99 97 25 COO Southern Railway 25 25 24 62 200 Southern Railway pf.... 62 62 62 200 Standard Milling Co rts. 8 8 8 76 2300 Stromberg Carburetor .. 75 77 75 118 25100 Studebnkcr Corp 116 119 116 114 300'Stutz Motor 114 112 46 100 Superior Steel Corp... 45 45 45 11 100 Tenn Copper & Chem 11 11 11 297 4600 Texas Co 300 302 295 200 Texas Co rts 67 67 67 46 600 Texas & Pacific 45 46 45 16 100 Third Avcnuo 14 14 14 84 1200 Tobacco Products . . . 84 84 83 99 200 Tobacco Products pf . 98 98 98 52 10100 Transcontinental Oil 53 53 52 64 2700 Transua & Williams Steel 62 63 62 39 1900 Union Oil 39 39 39 129 4600 Union Pacific' 127 129 126 52 1300 United Alloy Steel ... 52 52 52 142 300 United Drug Co 141 141 140 211 5100 United Fruit Co 202 211 202 9 2400 United Ry Investment 9 9 9 18 400 United Ry Investment pf 17 17 17 91 24600 United Retail Stores 89 91 89 23 100 U S Cast Iron Pipe & Fdy 22 22 22 58 100 U S Cast Ir Plpo & Fd pf 57 57 67 24 zou u s express 22 22 22 76 6100 U S Food Prod Corp 76 77 76 105 2100 U S Industrial Alcohol... 105 106 105 43 100 U 8 Realty & Imp 42 42 42 122, 32400 U S Rubber 119 123 119 115 100 U S Rubber 1st pf 115 115 115 76 6600 U S Smelting, R &' M... 76 77 75 105 32100 U S Steel 104 105 104 114 400 U S Steel pf 113 114 113 75 2300 Utah Copper 76 77 74 11 100 Utah Sec Corp 11 11 11 69 100 Chem 68 68 63 114 200 Chem pf . . . 113 113 113 93 9 29 56 12 25 56 88 54 14 68 31 92 80 95 100 Vulcan Dctinnlng pf 900 Wabash 300 Wabash pf A 100 Wells Forgo Express 200 We3tcrn Maryland 300 Western Pacific 100 Western Paclfir pf 200 Western Union Tel 1700 Westlnghouso E & M.... 1600 Wheeling & Lake Erie... 9300 White Motor 3800 Willys Overland 200 Willys (jverland pf 100 Wilson A Co 14900 Worthlngton Pump o!74 8 28 55 12 24 55 87 .53 14 66 31 91 79 84 89 9 28 65 12 24 55 38 53 14 70 31 92 79 95 TO BEY & KIRK ESTABLISHED 1873 MEMBERS STOCK EXCTIAKOK 1917 83,479,000 926,771,000 Net Last. Chtrs. iou.ua P.02 WANTED 94,30 f 92.12 .18 94.40 92.36 .24 .10 Amer. Thermos Softie 94.24 .02 Atlas Portland Cement 92.80 .28 99.20 .06 General Baking Pld, 99.20 .06 I Trenton Potteries Com. StL ft San Fran adits 1 601a 38 60 25 BROAD STREET 6 6074 NEW YORK 7 OOI4 StL ft SanFran Inc Ss 1 43U 6 43la 8 431 '\aiii 6 437S SdotoV&NElat 1 75 Seabd ALrefls 2 4313 StLoulsSYY 1st PRICHITT 1 6234 1 63 FtLouIa'W Is &CO. 1 61 StP MAMltfi 2 02 EanA&APass4s 1 SIU 10 019s MEMBERS OF 1 0038 NEW YOR.R 1 eoiR STOCK EXCHANGE SoBellT&Tel ts 1 8518 4 85 SonthPac cr fl 103 6 10134 fo 1 10218 18 102 10 10134 ft uthPae cr 4a 1 8OI3 CO 2 807a South Pac 4a 1 70 Southern Rr is 10 so fouth Rra-- INVESTMENT 39 6234 8 621a SECURITIES l......62s Stand Mill's la 6 02 ThrdAr adl 4 SOIs 0 20 UnPae I6.Tr e, SIXTY-BROADW- AY 1 102)8 20 1021a NEW YORK CITY UnionPadfle 4s .. .SSK 1U BKfl 4 843j) s 6.s30...841a CnlonPac cr 4i 8 88'4 Union 4 Pac 8314 4s J.K. Rice, Jr. & Co.fiuy & Sell 2 775s Aeolian Weber 1'lnno Com. & I'M. 5 7734 American tyanumld Com. A PfU. Un RR Mir American umullmii Un Trust ctfs American Mulllns; Coin, 2 20 Illaerniili Company USRcaltyftl j.uuitcrn a rum re fun. 5 77U Chaae Nnt'I Hank A Itts. U S Rubber Ss Continental Hank 7 85'3 Continental Insurance 28 85 Chllcls, Com. & rru. 5 8434 eimthnm t Phrnlx Ilnnk 18 S3 Delairnre, lock. & Went. Coal 3 8434 Franklin Fire Insurance U 8 Smritinr m (iunruntj- - Trust Homo Insurance J lnr.ia Klrby Lumber Com. & Pfd. IS 107 Com. & I'M, U S Steal f 's IIiIkIi Valley Coal hales 3 OSIj Merchant Nnt'I Hunki 12 O8I3 Mohan l! Vnley U 08'H Midland Securities 2 O8I4 Nat'I Hank of Commerce 1 08U National. City Ilnnk fi 8 Nat. ft foul 1st & 2il Pfd. 2 0814 New York .State Itiillnn.ij) Com. A Pfd. 2 081b Pennsylvania foul &f Coke 8 0U HnlN-ltoy- Pfd. 3 0? hilirr-Ktirdr- tt I'M. 1 038 Stair Ilnnk Va Caro Ch 1st TrxHf Pacific Conl A Oil 3....... 0414 Tliontpsnn-Stnrre- ll Com. A I'M. Vlrtinlan Ry ts United Tlimieo Equip. Com. Pfd. 8 84 Victor Talking Mnrlilne Wabtab 1st M'u have good markets in Un- listed 1 807S Inactive iScctirUies, Bank, W'aba 15 h ;d 7078 Trust if Insurance' Oof Slocks and West Shore '4s respectfully invite your inquiries. 30 7118 Wilson Co n 3 031s 7 08 Phones 4000 to 4010 John. 3 Wall St., X, T. llson ft Co rr 16 96 Wis Central 4s 3 6338 Paige-Detro- it 7 Preferred Tlic prsferrcd stock of on exceedingly prosperous motor truck and car manufacturing Net concern whose common stock Chant. ' sells in the market at nearly 63 400 of its par value. 23 30 7 The provisions protecting 101 the holders of the preferred 10Q ore exceptionally strict and 120 1 strong. 91 1 98 Price 97)4' and accrued dividend. 79 Yield M. 86 . Send or Descriptive 64 Circular K-i- p 107 1 106 ' 101 14 John Muir & fo. 17 SPECIALISTS If) V 15 ' Odd Lots 27 S3 14 1 61 Broadway, N.Y 8 49 98 24 62 8 1 Raritan Refining 76 1 118 1 Corporation 112 1 45 11 7 and Participating 296 67 5 10-ye- ar Gold Bonds. 45 14 84 'i We Recommend 98 These Bonds For In- vestment. 52 1 63 1 39 129 2 Dturiplht Cinuhr on Rc,uul. 52 141 210 9 8 HELLWIG afMTTER 17 2 .4en.if A' Vor ilck uxchmii 91 22 2 15 Broad Street, New YorX 67 lei. Broad 6230 22 2 76 105 42 122 2'i 115 Titusville Iron .Works 76 Cities Service 105 Fisk Rubber 1st Pfd. 114 Amer. Lt. & Traction 75 11 68 RF.McConnell&Co. 113 Men bcrs A . toe' fx han't 89 7.1 Tin t. Tr' f.ffll J hn Vi- - lor' 8 28 55 1 12 24 55 Victor Talking Machine 88 53 Stock 14 31 67 'i J. K. Rice, Jr. & Co. 79 92 - 1 Pone 4000 to 4010 Jirn 3S Wall St., N.T. Hlirb-- Loir- - I Clos-cu- t. I est. 1 Oil t 89 3 28 65 12 24 65 87 53 14 66 31 91 79 84 94 N. T. 1... ref SP Icr 20 34 If
