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The sun. (New York [N.Y.]) 1916-1920, December 06, 1919, Image 10

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Persistent link: http://nyshistoricnewspapers.org/lccn/sn83030431/1919-12-06/ed-1/seq-10/


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10 j.K.Rice,Jr.&Co. We Hate Orders in the Following Dank, Insurance arid Trust Co. Stocks: Battery Park Not Bk. Bankers Trust Stk. & Rts. Central Union Trust Chase Nat'l Bank Stk. & Rts. Corn Exchange Stk. & Rts. Empire Trust Equitable Trust Fanners Loan & Trust Stk. Foreign Trade Bk. Corp. Guaranty Trust Harrlman Nat'l Bk. Hanover Nat'l Bk. Irving Nat'l Bk. Liberty Nat'l Blc. Manufacturers Trust Mechanics & Metals Bk. Merchants Nat'l Bk. Nat'l City Bk. f National Bk. of Commerce Nat'l Bank of Cuba . National Park Bk. - State Bank Second Natl Bk. United States Trust Co. Am. Merch. Marine Ins. Am. Alliance Ins. Alliance Realty City of N. Y. Ins. Continental Ins. Franklin Ins. Fidelity Phenlx Ins. Glens Falls Ins. Great American Ins. Home Insurance Niagara Ins. National Surety Stk. & Rts. Nat'l Liberty Ins. North River Ins. Realty Associates United States Fire Ins. Westchester Ins. v.IK-RipA..I- r. &rn. Phonei 4000 to 4010 John. 36 Wall St.. X. T. Arkansas Natural Gas i new common stock \when issttcd\ Open market on N. Y. Curb. HERMANRROS SPECIALISTS Hslaphona i Broad- - 27os HENRY CLEWS & CO. Members, of N. T. Stock Eichanio. li, 13, is, 17 & IB nnoAD at. Deposits received subject to cheque Stock, Bond & Note Issues of Railroad & Industrial Companies Bought and Sold and conservative advances made thereon. Dealers in LIBERTY BONDS Drench Offices 820 Flftln Ave. ! Union Sqnare. 80 Warren Bt 33 Third Art., 18 Conrt St.. Brooklyn. FOSTER & LOINSBERY 24 Broad St., New York City Will buy stock of the Noteholders Liquidation Co. of Delaware CARSTAIRS & CO. MEMBERS New York Stock Exchange Philadelphia Stock Exchange New York Cotton Exchange STOCKS and BONDS 71 Broadway , Pkeru, Boullnj Grtai-611- Suggestions for Investors may be had on request A. B. Leach & Co., Inc. Investment Securities. 62 Cedar St., New York ChJeuo Philadelphia Boston Buffalo CUveland Baltimore Minneapolis M0NTG0MERY&C0. 14 Wall Street, Now York PHILADELPHIA CHICAGO LIBERTY BONDS All denominations bought for cash n Based on the dosing we pay: $50.17 for a MO JH Ilond, 60 Coupons . hui rorauv-.'- U iionu. luounon V7.tt for n 30 3d 44 Ilond, 1 Coupon C4S.11 for aSO lth4H? Ilond, 2 Coupons S60J1 for a WO StU Victory Loan PURDY & CO., Tel. John 34 Tine St.. X. T. Investors study MarkA-Nob- l Theodore C. Corwtn NOBLE & CORWIN w uroM be. New Totk Chase Nat'l Bank STOCK & RIGHTS Telepbons 1111 nroad. FINANCIAL NEWS . AND COMMENT Day's Tear to Stock Trading Is Less Active Bid. I Ask. 33 36 and Prices Are Hold Yory 42 42 74, 74 Firmly. 85 85 2K 2 2 2 SPECIALTIES ABE BOUGHT 01 95 44 92 92 96 97 Southern Pacific Is Contro' of 49 9414 94 Interest Duo to Decision 90 94 124 126 in Oil Lands Oaso. 52 62 136 137 116 116 49H 50 i ILiexneatad nnnnuncement that tho 119; 12 Government would not press the South-- 1 01 94 ern Pacific oil lands cane, which had 07 28 been decided In favor of the company iiou 120 In tho lower courts, gave Wall Street .3?? 45 anAltia. nwiMlant nnnnrhmltv VAatMflliv ' , . .v.. . . 1. i,..iii.u 65 67 11 ici. 111a ituupur m uiu uuuioii manna- - 103 110 tatlons 'which began to make themselves 68 69 felt In tho final period of Thursday's 94 94 j session. The test yoaterday was even 4G 48 ' moro Important than those of the pre- ceding 29 30 sosslon. Inasmuch as tho short 65U 65 lntorost In tho market had been consld- - 96H 98 erably reduced by reason of tho sharp 90 98 rise on Thursday, and for the additional teason that the character of tho South-e- m 100 107 41 42 PacMo announcement tended to con- - 136 137 stock. Under the circumstances, how- - 'Jjg 91 ever, tho market did very bravely again. ntiT? 99 There was not so much activity as on!\qw 260 'the preceding day, and In many cases! 99 126 127 where the demand had been natlsned the i market was inclined to sag, but there 102 103 ! was, nevertheless sufficient Intorest to 64 55 16 16 keep prices very firm, which probably was about all that could bo expected. 58H 58 The roal outstanding featuro of the 6 6 day, of course, was Southern Pacific. 66 55 The decision not to press tho suit camec 105 110 so unexpectedly that It resulted In a 84 86 mad scramble of theorta to cover, 79 but even though the sttick had a very 9114 92 broad advance It was still a question as 171 175 to whether the full significance of the 19 20 decision had been realized. In a general 30 34 way the decision meant that the South- ern 108 108 Pacific Company's title to some S3 33 160,000 acres of valuable oil lands was 44 45 no longer questioned, but the broad as- pect 122 124 which Wall Street overlooked en- - 31 32 j tlrely was tho evidence which the deci 87 92 sion provided of tho rrienaiinoss 01 uio 113 114 Government toward big. business In gen- eral, 94 94 evidence that first began to accu- mulate 12 13 with the decision of the Govern- ment 14 14 to drop some of the anti-tru- suits 10 10 pending In the courts. It was really 49 54 the first big piece of favorable news 105 108 which the market had experienced slnco 62 55 the last decline set In and quite natu 9 9 i ally overshadowed such considerations 22 23 as the coal strike ana oven uie Mexican 22 23 situation, although the latter was a very 77 77 Important factor In the last hour, when 45 46 It became known that tho American 78 SO Consul, who had been held by the Mexl- - 139 140 nn Authorities, hau nnauy oeen re 943 95 leased as requested by the State Depart' 55 55 . rm.n .trllrn wnq mora favor 117 119 able, but there was hardly sufficient 56 56 Improvement to remove an specumuvu 5 7 restraints in this direction. 9 The wholo market of course spurted for- ward 23 at the opening under the leadership 38 38 of Southern Pacific, which made an au 54; 64 vance of 11 points practically overnight. S9 90 Thn market then run Into pront ia 115 120 Ing, howover, as was to, bo expected in 107 108 view of the extent of the rally on Thurs- day. 24 25 This resulted In cancelling a good o: 64 nart of the early guln except In tho case 74 75 of Southern Pacific, which stood out 18 19 above tho rest of tho list all day. The 35 36 atoei atnclcR. which made such a good S9 90 ' showing on Thursday, were very quiet 38 39 all day. Likewise bo were the tooacco 39 39 stocks, the motors and tho. rest of tho 63 64 list, with tho exception of certain 69 70 specialties. These were vigorously pur- chased 62 63 again, particularly Plerco-Arro- 80 82 which mado another very sharp advance S3 89 In spito of the denials that have been 18 19 made recently with regard to the com- pany 33 34 being taken over by General Mo- tors. Tho sugar stocks were also well 90 91?: bought, reflecting the removal of the 13 13 sugar restrictions, and thero was some SO 85 activity among the lower prlcod oils. 8364 83 Amcng theso Union Oil was an especially 214 214 strong feature 99 100 There was no special change In the 380 400 which In spite 380 400 money situation, was easy of the extra demands that are olwaya 48 placed on this market on Friday on ac- count 84 85 of the arrangements that have to 99 100 bo mado for carrying stocljs over the 97 99 178 185 week end. There was some fear In bank- ing quarters that tighter money might 14 14 be experienced next week on account of 13 13 28 28 the last Instalment of Federal taxes; which falls due on December IS, but this 90 92 140 141 was not taken very seriously In con- servative 104 105 quarters, where it was stated 13 14 that If there was any flurry at all it 20 21 would be very short lived. After fur- ther sharp improvement the exchange 81 82 market experienced another abrupt 90 91 period of weakness, which resulted in 28 80 new low record for both sterling and 41 franca Lire were also very weak, but 36 36 no new record was made, as was the 19 20 case with sterling and franca, with- drawals 100 102 of gold amounting to approxi- mately 100 102 $10,000,000 were announced by 71 72 various banks during the day for ship- ment 93 94 to South America. 168 169 341 342 MONET AND EXCHANGE. 81 sou 81 88 104 104 TALL MONET. 52 53 Mixed Collateral. I AU Industrials. 79 80 Hlfh Hlib. 39 39 .ow LOW ,. Last Last ,. e 34 84 Renewal ... Renewals ... ,. 69 70 Yeara hlrn.. Year's hirh., ,.t 88 89 Year's low..., Year's low.., 60 51 TIMS LOANS. 4 Mixed Collateral. I AU Industrials. ' 14 15 sixty days.. ..I sixty day 74 Ninety aays.. ... Ninety days 7H 20 21 Four months, ...6 Tour months 7U 129 130 five month).. ...C Fire months 74 129 130 Six monthi.. ...I Blx month 74 114 115 COMMERCIAL 'PAWUt. 62 62 rime Indorsed Bills! Blx monthi 644961a 107 107 Hecetvaui. i other Names. 22 23 Ilxty days SKSEH Three to six Ninety dsys SUOHil months ....r..e9K 70 71 37 38 CLEAIUNG HOUSE STATEMENT!'. Clearing House exchsnges, JS59.S34.W; 20 21 J30.AST.108: credit bal- ances, 64 60 J7559: .Federal rejerre balances. 179,971,023. 27 29 DOMESTIC EXCHANGE. 1C 16 Boston, par: Chtcaa-o- , par; St. Louis. 9M 137 139 lie. discount : San Francisco, par: Moatreal 101 104 SS per 11,000 premium: Cincinnati, par; 80 82 inncipolls. 10c. premium. 28 29 SILVER PRICES 44 liar iltrer In New York (actual), $l.n, off 85 83 c.; In London. 71d.. oft Id.; Mexican dol-la- r, 34 I1.00H. off 33 FOREIGN EXCHANOB. 42 43 179 182 Normil Yesterday's Clos- e- rats Demand 110 116 ofExch. or check!. Cahles 61 55 4.SC63 Sterllnr KM 33.88 38 39 5.1313 Paris 10 74 10.73 23.S Marks 5.18 1.18 5.U13 Belgium 10.10 10.01 68 70 China Honghony 1M 1.08W 33 34 Shanghai 1.70 1.J0JJ 15.3) Greece 18.84 16.W Holland M!i m 123 124 I2.lt India-Bom- bay 104 110 ,. 15S 48 206 207 19.81 Japan Yokohama m. 50H 23 23 w.m Philippine Islands 62 63 Manila 4 48VI 60 60 6.1813 Italy 13.71 12.71 JS.SO Scandinavia 13 14 Stockholm 2184 13.00 9 10 Christlanla 3).99 3100 13 15 Copenhagen 19.18 14.35 24 25 South America 41.41 Rio 40 40 L0S04 Argentina (gold).. m 98H 100 101 41.84 Buenos Aires 43 31 50 19.80 Snaln 11.71 19.80 37 S.U13 Switzerland 8 88 1.33 ' Jl.ii Russis (Currency) Bid. Ask. I 67 63 COO rubles 4.00 t.(0 89 loo rubles 4.00 4.84 116 1118 TIME BILLS ON LONDON, 10 10 Banker. I .Commercial. jw- - S4\ . N aATlUlM dajt.MUMM. aVa THE SUN, SATURDAY, DECEMBER 6, 1919. NEW YORK STOCK EXCHANGE PRICES. Friday, December 8, 1919. 1019. 1918. saloa.. 1,037,836 280,480 dato. 293,300,833 183,900,178 Oytat- - uig-- 1 low- - Clsi is 8.1 ales. luav e.t. eat. 100 Adams Express 33 33 83 83 1900 Advance Rumoly 41 43 42 600 Advanco Itumely pf... 73 74 73 74 100 Ajax Rubbtr 84 84 84 84 1300 Alaska Qold M 2 2 2 2 400 Alaska Juneau Q M..., 2 2 2 2 2900 AUis Chalmers Mfg...., 43 44 43 100 Allla Chalmers Mfff p. 05 95 95 95 600 Am Agrla Chem 92 02 92 92 100 Am Atrrlo Chem pf..... 97 97 97 97 100 Am Banknote pf 49 49 49 49 3600 Am Beet sugar 94 95 93 04 60 Am Beat Bugar pf 90 90 90 90 700 Amer Bosoli Magneto,., 126 125 124 125 2400 Am Can 62 62 62 62 100 Am Car & Foundry...., 137 137 137 137 100 Am Cor & Foundry pf . 116 116 116 116 2600 Am Cotton Oil 49 50 49 50 1200 Am Druggist Syndicate 12 12 11 11 100 Am Express 91 91 91 91 1600 Am Hldo & Leather... 29 29 27 27 6600 Am Hide & Lcathor pf 121 121 118 20 300 Am Ice 44 44 44 44 100 Am Ico pf 66 66 60 66 7800 Am International Corp 110 110 108 110 1100 Am Linseed Co 68 68 67 3400! Am Locomotive 95 95 94- - 94 500 Am Mnlt & Grain 48 48 48 48 6800 Am Ship & Commerce. 30 30 29 30 4400 Am Smelt & Rcf 64 65 03 65 300 Am Smelt & Ref pf . . . . 97 97 97 97 200 Am Smelt & It pf a 30 I. 90 96 96 200 Am SnutT 106 106 104 no4 400 Am Steel Foundries 42 42 .41 41 3400 Am Sugar Ref 137 137 135 136 2200 Am Sumatra Tob... 91 91 90 91 2400 Am Tel & Tel 99 99 99 99 500 Am Tobacco 251 255 251 255 100 Am Tobacco pf new 98 Vo ,1 98 93 6600 Am woolen 127 128 124 127 100 Am Woolen pf 103 103 103 103 400 Am Writ Paper pf 56 66 65 55 300 Am Zinc, h & Smelt.... 16 10 16 16 2400 Anaconda Copper 58 58 58 68 200 Assets Realization 6 6 6 980 Associated Dry Goods.. 65 55 65 55 800 Associated Oil Co 120 120 115 115 8000 Atch, Top & Santa Fo.. 85 85 85 85 1100 Atcn, Top it Santa Fa pf. 78 79 78 79 600 Atlantic Coast Llne. 93 92 91 91 10 2600 At, Gulf & W I S S... 174 175 172 175 3500 Autosales A 20 19 A 600 Autosales pf 34 34 33 33 3 26300 Baldwin L Wks ex dlv.. 110 110 107 108 6200 Baltimore & Ohio... 33 34 33 83 1100 Baltimore & Ohio pf 44 44 44 44 400 Barrett Co 124 124 12? 123 800 Bethlehem Motors. . 32 32 32 32 300 Bethlehem Steel... . 90 90 89 S9 600 Bethlehem Steel 8 p c pf 113 113 113 113 16700 Bethlehem Steel B 94 04 93 94 4700! Booth Fisheries. . . 13 13 13 13 7300 Brooklyn Rapid Transit. 13 16 13 14 1300 Bklyn Rap Tr ctis dep.. 11 11 10 10 300 Brooklyn union Gas..., 62 62 62 52 100 Brown Shoe 103 103 103 103 8 Buffalo. R & Pitts 52 52 52 52 1700 Butte Copper & Zinc... 9 9 9 1400 Butt & Superior Cop.., 23 23 23 1500 Caddo Cent O & R 23 28 22 22 1000 California Pack Co 77 77 77 3400 California Petroleum..., 45 46 45 45 100 California Petroleum pf 78 78 78 78 10 1200 Canadian Pacific 139 140 139 140 4100 Central Leather 95 96 ,94 95 1600 Cerro de Pasco Cop 66 56 66 55 600 Chandler Motors 119 119 118 118 700 Chesapeake & Ohio...... 57 57 66 66 500 IChl. & B. 111. pf E. T. ctfs, 6 6 6 800 Chicago Gt. Western 8 8 8 100 Chicago Gt. Western pf.. 23 23 23 23 2500 Chicago, Mil & St. Paul. 38 39 38 38 4100 Chicago, Mil & St P pf . 63 54 53 64 1700 Chicago & Northwestern 90 90 89 89 800 Chicago ft Northwest pf 117 117 116 116 1000 Chicago Pneumatic Tool. 107 108 106 107 4600 Chicago. R. I. & Pacific 25 25 24 25 100 Chi. R I & Pao 6 p c pf . 64 64 64 64 200 Chi, R I ft Pao 7 p c pr. 74 74 74 74 1300 Chile Copper 19 19 18 18 2700 Chlno Copper 36 36 35 36 200 Cluett. Peabody & Co... 87 87 S7 700 Cofia-Col- a 38 39 3S 39 900 Col Fuel & Iron 39 39 38 38 400 Columbia G. ft Elec 64 64 64 64 29600 Columbia Graphophono. 68 71 68 69 100 Consolidated Cipar 63 63 63 63 1800 Consolidated Cigar pf. . 80 80 80 80 2300 Consolidated Gas 86 83 86 88 2500 Con. Interstate Col. Ming 18 19 18 19 2000 Consolidated Text Uo.... 34 34 32 33 100 Consolidated Textile rts 1 1 200 Continental Can....... 91 91 91 91 800 Continental Candy 13 13 13 13 100 Continental Insurance.. 82 82 82 82 6800 Corn Products Ref 84 84 82 83 9300teruclble Steel Co. 217 218 210 214 125 Crucible Steel Co. Pf. 99 99 99 625 Cuban Am Surar. 875 380 376 380 25 Cuban Am Sugar 385 385 3S5 9600 Cuba Cane Sugar 47 43 47 47 1600 Cuba Cane Sugar pf . . . . 84 84 84 84 200 Deere ft Co. pf 99 99 99 99 600 Delaware ft Hudson 98 98 36 97 300 Del., Lack, ft Western.., 179 179 177 177 700 Denver ft Rio Grande pf , 14 14 14 14 200 Dome Minos 13 13 13 13 700 Elk Horn Coal Corp 28 28 28 200 Emerson Brantlng pf...l 92 92 92 92 600 Endlcott Johnson 142 142 140 140 100 Endlcott Johnson pf. .. 105 105 105 100 2700 Erie 13 14 13 14 1100 Erlo 1st pf 20 20 20 20 100 Erie 2d pf. ...r 15 15 15 16 200 Fairbanks Co 82 82 81 81 2300 Famous Players-Lask- y 92 93 90 90 100 Federal Ming ft Smelt pf. 28 28 28 28 4490 Flsk Rubber. 42 42 41 41 2800 Freeport Texas 36 37 35 35 1100 Gaston W ft Wigmoro.. 20 20 19 19 100 General Chemical Co... 101 101 101 101 50 Gen. Chemical Co. pf. 102 102 102 102 800! General Cigar Co 73 73 71 72 200 General Cigar Co. deb pf 94 94 93 93 600 General Elec Co. ex dlv.. 168 169 168 169 5400 General Motor Corp...., 342 344 337 342 1500 General \Motor Corp deb 89 89 88 88 10300 Goodrich (B. F.) 79 82 79 81 300 Goodrich (B. F.) pf 104 104 104 104 200 Granby Consol M & S. . . 62 62 62 62 6900 Great Northern pf 80 80 79 79 1000 Great Northern Ore ctfs, 39 39 33 39 300 Green Cananea Cop...., 33 84 34 COOfGulf States Steel. 70 70 69 69 700 Illinois Central.. 89 89 89 89 3100 Inspiration Con Copper. 60 60 50 60 7a 3700 Interboro Con Corp.... 4 6 4 4 4400 Interboro Con Corp pf. . 15 15 13 14 200 Int Agrl. Corp 22 22 21 21 1000 Int Harvester Co new. 130 130 130 ISO 100 Int. Harvester a 10 f... 129 129 129 129 600 Int. Harvester pf new.. U4 114 114 114 21500 Int. Mer. Marine J51 62 49 62 8000 Int Mer. Marine pf 106 107 105 107 4700 International Nickel 22 23 22 23 3700 International Paper 70 71 70 71 1400 Iron Products Corp 37 38 37 38 400 Island Creek Coal 44 44 44 200 Jewel Tea 20 20 20 20 300 Jewel Tea pf... 62 62 60 60 200 Jones Bros Tea 27 27 27 27 400 Kansas City Southern.. 16 16 16 16 1300 Kelly Springfield Tire.. 139 139 135 138 200 Kelly Spring T 1 1 c pf 103 104 103 104 200 Kelsey Wheel Co 82 82 81 81 4800 Kennecott Copper cx dlv 29 29 28 28 1.20 14700 Keystone Tire ft Rubber 46 47 43 43 2400 Lackawanna Steel Co... 86 86 84 85 1300 Lee Rubber ft Tire 34 35 34 34 3 1400 Lehigh Valley 43 43 43 43 12 1100 Lorillard, P, Tob. 180 180 180 180 400 Lorlllard, P, Tob pf... 113 114 110 110 1800 Manhattan Elev guar, 53 53 49 49 500 Maxwell Motor 38 39 33 38 700 Maxwell Motor ctfs.. 38 39 37 33 500 Maxwell Motor 1st pf, 68 66 68 300 .Vaxwell Motor 1st pf cfs 65 67 65 67 100 ilaxwell Motor 2a pf, 33 33 33 33 40f' Maxwell Motor Zd pf ctfs 33 33 33 33 10) May Dept Stores..., 124 124 124 124 7 1060 May Dept Stores pf, 105 106 105 106 13200 Mexican Petroleum., 203 208 193 206 2300 Miami Copper 23 23 23 23 U0 lllOOIMiddle States Oil 64 64 62 62 4 6000 Mldvalc SttSel ft Ord 60 60 49 50 400! Minn ft St Louis new.... 13 13 13 2100 Missouri. Kan ft Tex.... 9 10 9 9 100 Missouri, Kan ft Tex pf.. 14 14 14 14 3000 Missouri Pacific......... 25 25 25 25 3500 Missouri Pacific pf...... 39 40 39 40 100 Montana Power pf, 100 100 100 100 2300 Mullins Body 46 48 46 48 700 National Acme Co 37 37 37' 37 2800 Nat Aniline ft Chem 67 63 66 68 300 Nat Aniline ft Chem pf.. SOU 89 89 89 100 National Biscuit Co 116 116 116 116 1200 Nat Conduit ft Cable.... 10 10 10 10 Qf rfsttfd en fcAlovina Pop. ' gossip OP WALL STREET. MUnrablo Vny for the abort. 1917. Two pieces of genuinely constructive news struck tho short Interest squarely 322.821 amidships yesterday and on the wholo Day's 170,647,928 i thoy experienced a rather tough day. Year Mat Curiously enough one Itom came along ing. Ctast. at the opening and one at tho close. A 15 porlod of dulnens and irregularity oc- - i t curred after the effects of this had worn Bid. 2 off, only to bo replaced by strength when 99.68 1 the socond news items of constructive 94.00 nature cams along, Tho first was the 92.00 T uiuiuuuuviiieju ui iiiu miuiiiuyuuuuiui a 94.30 Closing. Asked. 99.74 decision to take no appoal in the South- ern 92.50 Pacific land suit, which caused a 100.90 scramble to cover by shorts in that 94.41 stock. The socond watt the announce- ment 92.53 by tho Stale Department that 99,08 Consul W. O, Jenkins had been roloased 99.13 by tho Mexlcunn Between tho periods of violent covering the market was quiet And Irregular, Iluctuatlns easily on tho - ebb and now or buying and soiling United orders, and without any sort of a definite 1 trend, AnxlaPrench 1 4 Noil (hern I'nclflu Cane, B... 05 iu Seldom in the history of trading In 40. 10 ..05 -I- K Wall .Street has there been a wider or a 3 si Wilder opening .than that In Southern 42... 05 l'acinc yesterday morning. Tho Stroet 110 had believed that any announcement 0...05 about Uio oil caso was at least a yoar CO n away. It had expected that the case 104 would bo appealed and that no Immed- iate 8 effect was to be anticipated. The CO 1 short intorest which had been built up 0 4- - was a tremendous one. So many buy- ing is.; 2 orders were in the market nt tho IN 9 oponlng, mostly from shorts, that tho 68 stock opened from 101 to 109, up from 1 1 6 to 14 polnta from the previous cloau. 3 The trading was so excited about the 1 7 8. P. post that on ono sldo of the ring city or sales were made at tho low of 101, whilo on the opposite side and simultaneously 2 sales were mado at 109. Some 20,000 CltyofLyons V 1 shares changed hands within the first 2 aty of few minutes within thin range, after aellles Bor- deaux Cs 9218 (U 018s Mar- - . Us 3 Oty of Parli fis 4 10 94 in..s30..03ia 2 otij 10 94 UnltedKlngdm IK iM. 84 07 1 07'8 lS33rcu 73 07?8 JM29reti SO 0018 3 WU 30 0018 0 1937 10 87.1 7 871 1 which the price eased off to 104 Trading was irregular during the bal ance of the day until near the close, 6 when S. P. again got through 106, with a net gain of 11 points for the day, 7 More than 125,000 shares wore traded In during tho day. It is currently re ported tnat tno decision miould add eventually $60 to J100 a share to tho prtco of the stock because it opens up a vast body of oil land for wlldcattlng purposes. Hnlge nt the Close. Announcement that Consul W. O, Jenkins has been released by the Mex- ican \ authorities, in the last few min S ft! utes of trading, acted as maslo on Z.- -i ! 25 ....... Canada stocks, particularly those whoso assets are in the republic to the south. It was the ireneral belief In the Street that this will remove the Mexican situation from the crisis stage and on this belief thorc 2 was urgent and hurried buying in of tne stocks wnlcn will benefit most. Pan American Petroleum nnd Mexican Pe 9 troleum were the leaders in this flurry. the former scoring a cleon gain of points on uio any and Uie latter an ad vance of 3. 85 The Other Side. 1 B Governors of the New York Stock 1J31 Kxcnange and memwra of Its commit 1. tee on business conduct have taken ex, CODtlon statements mnrtn In'thln rnl Rep of 1 umn yesterday In connection with a 1914 8 sale of Kndlcott-Johnso- n, In which the 2 specialist was Uie purchaser of the stock. Oilne&eGoTt B 111 mimesa 10 1110 exenango oiuciais ana Japanese 1 10 uie DroKor more is Herewith pre r.ne ppntptl thn fAprn nq rnvn1ri hv tlta .m, 4 1 ernors of the Exchange In this case. Oerstd une tnousand snares or 2 Janannse sta Endlcott-John-so- n had been purchased, ranging from C 2 annroxlmatnlv I19U In UK nnd o'hnn ms the purchase was complotod the market - was ieu wiinoui n oiu ior me stocK. At this point order came Into tho mar- ket NYC1ty4Us4 rrftUtered for tho sale of shares the 100 marKct. Tile specialist In the trans f Is action lnfnrmril lh Vtrnlrot-- s nt. fered tho stock that At fh.it flmn th,,p was nn hlil nt In thn tnnrbnl 2ltf 70 an at nil AmDorklmnls f. .1 8 Endlcott-Johnso- n. Accordingly, a trans 1 action was concluded, whereby the spe AmTftT cialist purchased the stock, which, ac- cording 1... 1 to ffnv(rnnrfi nt thm RtnMr Tv- - 11... change, proved fraction of a point 1... 1 7... auure uie level me Eeners would nave 4... 1 obtained In case they had waited for sale at thn mnrlrt. Tn nnmirrfirth 10... 1; on Thursday referenco was made to the 3... 1 1... ciioufc uiui mo Hjjeciaiiai apparently 1... tools tho stock himself.\ Tho meaning 1... inionaea, or course, was that the spe- cialist AmTAT had purchased the stock himself, 15.. 0 2.. Weak Spots. 2.. Wlille the 'majority of stocks on the 10.. list responded to the day's developments 2... In an active manner there were a few 10. 27.., 1 weak spots in the list, which bv their AmTftT very actions Indicated the further ex 24 ertion of pressure from the bear fra 1 ternlty. Among these wore United 4 States Industrial Alcohol with a net Armour 2 loss of 3 points. Transcontinental Oil II with loss of 2 points. General Mot- - 10 ors with a loss of 2 points, Norfolk ATftSFcY4s and Western at 1 points lower and ft AT ft S half a dozen others, which wore oft 0 1 iracuonaiiy rrom tno close or the pre 18 vlous day. AT & BF 1 stamped 1 A Treasure Ship. 91 At! ft AVllpn thn flFpnmqhln flanh T7rea11,i 4 Chart starts to-d- on long voyage to At O Uno South America nhn will arrv In l,. 10 hold J20.000.000 In golden double eagles. one or me largest single shipments of the yellow metal made from the port of New Tork. The gold shipment, 2 made un bv srrnnn nt Wnll fit,. X. Y. 1 banks. Is going forward to correct the To the 1 rate of nxchanare. trhtch nn neemm. t to added. heavy purchases of wool and hides by UNITED mis country, nas turned slightly agalntt the United States. Shippers of the coin :s. registered nrn thA Hhont V.Hnnat Rftnl, tv. it, coupon Equitable Trust Company nnd' tho 4s, coupon registered miuuiaia xrusi tompny. The present Js. Panama, rate of New York exchange In South 2s. Panama. AmnrlA ! 1n9 ncrnlnaf n nt . 1tl . . ee 2s. Panama. VJ u n u , which allows the bankers profit In Panama, the uirceronco or 1.65. 3s. Panama, 3s, Panama, 1 Phil. Is), Yi Ilonston Oil, Phil. 1st. Phil, Isl. Application has been mido to list the District of stock of tho Houston Oil on the Now 2 York Stock Exchange. Granting of this Anglo-Frenc- h 1 application will bring to the big board Argentine security which has been rather prom Canada. inent in the curb oil list for several Canada. 1 months. It recently touched a high of Canada, Chinese 173 and was quoted yesterday at 168 to Cuba Extern, 171. In 1918 the common sold at hlch Cubs Extern, 2 of 83 and a, low of 75, and the pre Cuba Extern. ferred at a high of 78 and a low of Dominican 72. company controls 796,836 City of '4 of acrea of land in Texas and Louisiana, of City City of 1 which 788,953 acres are owned In fee French. and 7,383 acres represent the company's Japanese -- \ interest In 14,757 acres. It owns also Japanese 2 191.973 acres of oil lands In Hardin Japanese county and 3,052 shares of stock of the Japanese U K. o. Southwestern Oil Company. The corpora U. K. tion has paid 6 per cent, on Its preferred U.-- O. stock from 1913 to 1918. Outstanding U. K. O. 6 per cent, preferred stock amounts to Mexico 2 $8,947,600, and the common $25,000,000. Mexico ninainr Marine Dividends. wero no 1 1 Directors of International Mercantile Alh ft Snsa 1 Marine meet on December 18 to con- - A Bk Note. 1 elder the dividend 'problem before them 'A Br Shoe. 1 and. white It has been reported recently do Pf 8 that a largo extra would be de- -; Am Amer Can Coal. 3 ciared a mie time, u is extremely A O doubtful, to authoritative in- formation Am LI na received yesterday, that the Am Loc extra will be tn excess of 6 per cent at Amer 8hlt. tills time. The baliuic of deferred divi- dends .AraSKeo A St Fdy amounts to E2 per cent Marine A null Is reported to have sufficient cash on Am Bur r hand to pay a 25 per cent dividend. A 8 Tob Large and stockholders argue Am Tel A against any payment in excess of 6 per Am Ann Arbor. i cent, because of the Income tax. It Is do pf considered likely that their advice will A Dry O 2 be followed. do 2d pf.. - 1 'PennarlTnLa Crude Oil 9Iarket. On. Cm, Dec 5. Credit balances 14.50. Runs 91,830, average 71,4(4; ihlpsxata lt,ltl, vertc 19451. BONDS IN NEW YORK STOCK EXCHANGE. Friday, December 5. 1919. 1919. 1918. sales J22.268.000 Sll.952,500 to dato 3.385,635.000 1,799,861,000 RANGE OF LIBERTY BONDS. Sales (in Yield, 31.000s). Opon. High. Low, 3,54 3s (1933-4- 7) 99.64 09.80 99,60 04.10 ,4.37 31 1st CV. 4s (1932-47- ). 94.10 94.10 94.00 02.10 4,54 256 2d 4s (1927-42- ) 92.20 92.20 92.00 94.40 4.61 108 1st cv 4s (1932-4- 7) 94.30 94.38 04.30 92.54 4,78 2,072 2d cv 4s (1927112), 92.50 92.60 92.40 101.00 18 ('32.47)100.00 100.90 100.96 94.48 4.93 3,133 3d. 4s (1928 94.46. 94.50 94.24 92.62 4,83 5.078 4th 4B (1933-38)- .. 92.72 92.74 92.40 99.14 5.00 3,518 Vic. 4s (1922-23)- .. 99.06 99.16 99.04. 99.16 4.01 624 Vic 33 (1022-23)- .. 99.04 99.12 09.02 States, Foreign Governments, Railroad, Industrial and At Coast Line 4s CM&HtPgm 1... ...657a NYConlly 4!fc us'a 7818 11... ...66I3I 1 80 9t\4 18 7fll8 ,..ou NYOasELtll 0 Dale & Ohio 1 2 7134 1... ...657a &P4s 80 711a 14... ...651a 10 60 0 2 8S3 0 M ft St P cr 3... ...60 89781 2 809 1... ...658a 10 60 0 00 1. ...... 0718 15... ...60 NYNHftHUtt Wk 1 89 A 07U ... ...SOU 1 80 0 D Ota 1995 0 07 12... ...638 NYOntiV4 02 0 S7 10 001a 37... ...60ia 1 eoia 00 2 S7U O M ft St I rd 25... ...6634 60 OM4 10 117 23... .eoia N Y Rts adj s 048 3 r,QTR 10 034 Interboro-M- 10....... 7U QiH '27 67 6 581a col trust 4H' certificates 0538 B A O cv iVfl 4 807s 0 20 6lg OMi 1 5oa 1 87 10 194 0 ota 10 r,o 13 501a 20 191a N Y Tel deb ts OS.H4 5 sou ChlMll&Stl s 1 907a Ofiftg 3 t,n 0 04l8 2 20 2 97U 05l9 2 0lj ChlRI&PRy 4s 40 1014 2 .07 .0531 12 50 8 711a 1 20 NYTdgin4H 009$ 14 50l. ChtRIftPr'f4s 40 191a 4 81ia Mlj 8 5098 b 85 10 109s 81 1 5014 6i78 41.... i.. 108 18 SUa 5 508 Chi Cn Stn 4Ks 4 v10 is sua 1 8054 10 ,.70 1834 821a 6 t07s 10 80 6V 18ia NYWestchest'r 1 6834 10 79 I.. J. ...IS ft Boston 4Ki IS 5898 Chlft Wind la 10. .lsia 1 38 10 5 ) 17 56la 0... ....! 2 371a 10 36U Chile Copper 7s 85... ...17ia 8 37 14 58 U 10 IOII4 2... 1R. Norfolk Sou 6s it cola 35 105 7... ,...1839 2 60 13 50)4 2. 100 0... ...171a NorfAWrvOs Balt&O (Old 4s 1...C..10S 11... ...17 IS 104 8.7..... 00 10 107 25... ,...1714 1 1031a 0 5, Chile Copper 0s 3.ft ...18 Nor&Wcv4Ks 8 0414 21 SO 11, .18U 10 061a Bait sOPLE 3 8018 3 1S38 Norf(Jk&W4s ft W Va 4.1 BO'S 2fi 16a 2 767s 10 85 ROIg 80... , ...19 KcrthernPwi Beth tl fds fe 12 81 1 1834 19 761a Cotolncoltrss certificates 30 7058 BetbStl'&i m 3 741? 6., ( 10 7614 e 84'8 Col So ext 4V4s 20.. .103( 7 7038 Bradan Con As 3 72U 0.. .18 KorthernPacls ? SSi Con Gas cvftj 5.. .10 3 631a O V24 21 09'4 S.. .18 2 6314 Biray & 7Av en 3 09 8.. .1734 Nor States Pwr 3 46 Climb Tel 61 6.. .1758 1st lis Ser A 878 Bkn Bap Tr 7s 8 80H 0.. .1713 S358 11 48 Delftllud cv Ss 34... .IS Ont Pwr 5 IS 80 1 88I3 Int M Marine 81 1 87 6 49lj DelftBud rtf 4s 10 937s OrRall&Kav Is 10 51 2 70 lowaCcntnl 43, 23 7Bi4 12 80 0 78I4 1 51 Den Rio 04s KCFtSftM4s. , g7lj rertlncattei 628 13 7914 18 SO Det Ed 5s 1943 Kan OSorof ts Pesos Is IMS 6 4013 16..... ..89 2... .'...72 1 8934 6 49 Erlo :d ext 2 711a 20 897a certificates 1 72 6 oai3 23 00 ttamped Erie 1st con s KanCltylcr 4s 3 891a 2 401j 3 841a 6 72ia . 3 607g 4 ia 1 64 2 72a Penngm4Ki A 10 Er e cv 4s ser B Lack Stl 6s I960 3 80 Bkn Rap Tr Ss 1 383i 3 84 14 7934 CSls 33 10 SSI3 L 8 ft It 8 JJJs 1 T97g 973( 1 31 0 36 10 681a 10 791a Bkn R T 4s ' Erie cv 4s ser D LV of Pa con 4s 3 80 931 15. 2 2Bia 5 41 10 70 7034 93 U Bkn Do, El 1st 1 4H8 t.tcrifttt A M ? VAnn. lU. ffttft 931a 1....:..02 Erie sen 4s 4.. S7..108 Olla 6 Cuba M, ButT K A l'4Ha 14 43lj 1 10934 Pcnna 4s 194S ! .2 831 OrratlNor 4!(s Liggett M 9 8 8278 84U BusbTBIditSs 4 827g : i Peo ft E Inc 2 76s nock Va LouftNcoltrls certificates Bt Canada So 3c 10 8ia 1 92 40 20 fcl4H.i 6 85 Hud ft M fdg Lou ft Nash ts Pere Mara. Cs A Ss Series A 5 8454 U 1'3 I ,.8.1 Tent of Oa to IS M Ut.VNOA Mist p LorlUard i) 1... . . . oa lllluols Centals fi 103 3 80 &trt Pacific 1st 9 90l8 Lou ft N StL Cs Pub Serv Corp 10 751j! t 905s 1 99 of N J 6s C0U 111 Con 4s 1953 .10 M) 8 60 Manhat Ry 4s sto Choi ft Ohio is 1 eoia 3. ...reia 04 1 92 IU Ceil rf 49 BS 15 6tla 1 87 Oft O CT Is 44 1 70 10 ttamped. 567 66I4 7.. .791.1 Hi Central Pur I.. ..7018 Lines JHi 2 67U Reading gm 4s 21.. ..79U 8 9 Mldvale SU 6s 8 708 20.., ..7878, Illinois fill 4Ki 2 8313 8 7044 83U 17.. ..80 20.. ..79 2 8334 1.., ,.7812l IndlanaSteel Ss MStPASSM 4s 3.. ...7934 17 9358 13 80 2.. ...80 88 0& Ocv4J4i Interb R T ref Mo K ft Tox 4s 10.. ...7959 3 70 1 58 857S In im 1.. ...SO cv 65 23 701a 61 561a MoK&Texfdg 3.. ...7934 OSlj 6 70 10 6OI4 15 38 1. ...791a .9!\f 7 70 so....... 50ia Mo Pac 6s 1939 Road JO clt 4S 1 70U 1 80 ,981 10 B(8 1 78 tl .01 10 70ia 25. ....S(W4 Mo Pac gni 4s RIArk&La 4 Hi .9M3' 23 71 70.... 86I3 20., .65 7 HI Chos ft O 4ks I... ...5514 .9778 37..., ...61 BtL&IronM 69 .08 2 721j 10. . ...57U 10... ...55 5 89 Chlft Alton 3Vjs ... ...5Sl4 .0734 10..., ...6678 StLftlronM 4s O .68'8 1 aw 1..., ...5634 4... ...6538 O 73 .98 10 30ia 20..., ...87U 10... ...68U StL ft Iron Mt ...OTH) J 31 22..., ..;568 1.!. ...6698 Rlv&Gulfis. CB&Q Joint 4s 8... clt Ss 29,.., ...57 ...651a 2 67 Ja .80 a. 94 23..., ...57U 26., ,C5 StLKockyMtSa - ...7958 . .9378 10..., ...57 MorrIaftCo4Ha 73 ...791a 1. .04 20.... ...6738 2 83 StL ft BanFran 5. .0378 ...80 10.... ...5718 NOTexft M CsA Series A ...70lj 3. .94 20.... ...57 4 96 20 647s ...7938 4. .J30, .931a 45..., ...5013 NOTexftMJs 20... ...65 ...701j! 13 .938 1.... ...5614 10t...,..07g 6... ...541g 6... .04 ...BO to..., ...saia N Y Cen deb As 7... ...6434 clt ti 5... .9.134 If... . ...B( 12 UlSj 21... ...641a 601 0 1... .9378 8.... ...8634 1 015j 9.. .01 '4 10 . .9358 .... ...86I3 26 91 StL ft SanFran s. lg ioiiucw gin u 6 ...605s 6 911a Series 11 84 1 77l8 6 ...66S4 2 9078 22 67 4Ki 1 77U 61 .50lj N Y Cen 4 StL ft SanFran S2g WUSIJIIMl; 4 ,.6fl4 1..C...7S adJOs 83U 10 S2 If.. . . .Sfill 0 754 10 671a Chi Gt West 4s .66I4 .V Y Cen deb ts StL ft SanFran 093 1 318 .50 1 79ia lnc 4s F gotn v C MftPUKrt s .85 ri V Cen J)41 0 4113 707b 67 .60 4 bB S. 41 77b CMftStP cv Ss .8534 1 6SI4 2? 41U adj 4s io 0713 .551 1 6713 3 4iia O tj .5534 NYCenLSSMs 12 41 10 87J4 .53U 6 00 6 4Ua Se 2 68 0.., .6538 1 eoia StLSW con 4s B078 Oft NWpnl! 20.. 66T4 NYCblftStL 4s 10 6 Ws 1 777S .6578 1 80ia 10 554 7614 3 77 .56 4 79V 1 651a SH 27 871j 673 871a 83 IS 873S 15 8778 7 8 JB 87'S 88 4 SSI8 8 88W Dam ts 1911 3 08 1 08U 5 2 6 to - 70 is 2 200 w OOlj 1 08ij AmSmoltiTt Ss a a 1... 1 AmVrItlnP7j 0 n 70 her ever a be \ \\ a. rn a 1 a a The O. Cot according 8 influential Zlne 390 I... 5 6 3 8 2 2 0 8 3 2 0 S 0 3 2 4 45 4 4 2 S 3 BID AND ASKED QUOTATIONS. STOCK EXCHANGE QUOTATIONS. Bid. Ask. C St P ft O 01 63 followinr prices accrued Interest Is do pf 100 N CCt'ftStL... 43 45 STATES GOVERNMENT BONDS. do pf On 67 N Did. Ask, CI Peab pt.10.Hi 109 : 100 HK4 Col, A So.... 30 it N 100 lOOVa do 1st pf. 4S a ; lwtt do 2d pf.. 42 44 N 10SH 10CH Col'Orphpf 91 94 1933. registered Mli 100H Comp Tab.. 63 55 1936, coupon , 99H K0i Con Gas B. 99 102 N 1933, registered 99H lOOVi Con Coal M . 51 1933, coupon M4 lOOVi Con Can pt.103 ' 1M registered 8SH 90H Crcx Carpet 50 coupon SSVi SOVi Cub A S pf 110 land purchase 4s, 1931.... 12 Den ft R G 7!i public works 4s, 193S 92 90 Det&Maclt.. .. public works 4s, 1930 92 95 Dot Unlted.lW Columbia 97 Diam'nd M.U3 Dnl SS ft A m 44 FOREIGN BONDS. do pf 5 7 Extern. 5s. 1929 93H &4 Elk II F pf 33 40 Intern. 6s, 1915.. A 74 71 Eleo Stor.,,133 145 Dominion 01. as. u-- i . Emer Bran. 80H 32 Dominion of, 1920 93 93 ErieftPltts.. .. 70 Dominion of, 1931 93i 93H Fed M ft S, 11 Gov.. Hu Kug Ry. Gs, 1901. .. 61 Falrbks pt. 93H ts, 1914 90H 92H Fisher Body.125 135 it. serif A. 1949 S.3T4 84tt do pf 100 110 4Ws. 1949 76H 77H Otu Chem..lM D0 Rep. Is, 1968 87 Gen Clrs pf 96 ion Lyons 15 yr. 6s. 1934 MS 9!4 Gen Mot pf 90S KH Pr Marseilles 15 yr. 6s, 1S34.... 92H 9JH Gulf MAN.. 8 8H Bordeaux IS yr. 6s. 1934 S1H 02H do pf SO 354 Palis City 6s. 1911 93H 81Vi Gulf Stl pf. 93 95 n Got. IVit. sterl. loan, 1925. 70 TST4 Hartmann.. 89 91 Gov. 4Ws, 2d series, 1925 78T4 Has ft Bit.. 60 67 Got 4s, sterl. loan, 1931.. 66Vi 67 Homestake. 71 79 Toklo aty Cs, 1952 63 66'4 Int AgTi pt ii 84 11. 1. yr. 071S. 191.... m vin Int Nick pt 93 934 B. ft I. S yr. 5Hs. 1931..,. 97i4 9S Int Pap pt. 90 110 II. ft. I. W yr. 6tss, .... 9H MVi Int Salt.... 63 B. 4 I. 20 yr. 5s. 1937... S3 SSH Iowa Cent.. 6 's Extern, etcrl. 6s of '99, 1315. :0 4 Hi KCftFtSpf. ii 63 S Extern, gold 4s of '04, 1964.. 40 41 Kan C S pf 41 IS Kel Sp T pf 95 9S4 St crlces of stocks In which there Kel Whi p 9) 100 transactions yesterday: Kco ft D M. 4 0 Bid. Ask. Bid. Ask. do pt.TT... 11 100 Beech Crk, 26V4 27H Kreste 8 S.110 140 1SH 47H Beth S 7.. 100 101 do pf 106 109 861i 91 uun isaison 33 99 Kress S II.. 77 S6 161 00 Brown 8 pf S7H ICS do pf m pf. m Brunswick.. 7 TH Laclede Gas 40 45 75 Buf ft Susq 70 71 Lake EftW. 8 11 pf 90 do pf 43 644 do pf. 17 20 pf 92 94 BnrRftPpf .. WO Lis? ft M..1M ' tio pf.lCtt 197 Barns B rot. 113 190 do pf Ill at Un 136 do pf. 110 115 Loose-W- . j.. 70 7f Un M nnsh Tstm. 65 1W do 1st pf. M 1(0 914 Butterlck... 25 a do 2d pf..lM 110 U 90 CalPack pf.110 Louis ft N..107 100 117H Cal ft Ariz. 61tt 63 Man Beach. H 14 91 l?aq South.. .. 41H Martin Pr. 2'i 274 M Cass pf 93 109 Man Shirt. 314 s: 66 Cent Fdy 66 Mackay..... 70 74 11 da pt 65 do pt. 54 MU n O Leath pf.107 109 Marlin R... 61 2 71 CRR of NJ.170 200 Math Alk.. 31 40 71 CSA Tel .111 1M Mex Tet pf.100 10S Cert Pd 1st 84 90 Mich Cent.. .. J do 2d pf.. 71 MPSSM 72 7 Chi ft Alt... 7 ii do pf 90 91 do pf 10H 12H MS3MLL... 60 65 CM ft XI et Mo Plow pf 94 CM&StP.... 144 81 Mor ft Es.. 70K OtTtftPitit 10 Hon JtrWiM H T4 An pf 1V4 pf. 1 pf.ns pf 91 O 65 pi 61!t ' 17'i lpf 69 63 At Blr ft A I AG&WI pf.. 49 75 Batopllas... 1H IK Bald L pf..Ml 1M Barnett L.. M Kl do pf 96 Bamtt pf.-U- 114 run RyStRp Va-- DISTRIBUTION OF BUSINESS IS MB 1917. 13,370,000 060,410,000 Industrial Activity Bocomes Not Lost. Chgs. 'Jloro Pronounced, Say 99.08 .02 94.00 .06 Trado Boviowu. 92.14 .10 04.30 ..10 92.54 .08 100.90 .04 DEMAND NOT LESSENED 04.48 .02 02.62 .06 09.14 .08 Wholosalo and Retail Lines 99.10 .06 Arc Gonerally At or Near Highest Lovela. . Other Bonds StLoulaSW 1st 1 iota Trade distribution la amine on at a StP MftM 4Ul 1 911a rauld rate, whilo Industrial Inactivity Ls BtPft 1 NPaoOs 10008 becoming more and moro pronounced, BauA&APamai aocordlng to weekly trade reviews. In 1 60 fieabd AL ti other words tho coal strike, which hog S 00!a had such u deleterious effoct on Industry Seabd A L adj 1 si generally, has failed to make much 10 381a on tho heavy wholesale and ll 8 J8 a tsia demand, which continues to be at or 0 88 near n peak point for nearly all lines. Seabd ALref4s S 38 \Reports as to trade distribution,\ 8 39 says Jlradstreet't, \and those reflecting SouthPac cv 6s Industrial conditions, as affected by the 10 107 bituminous coal strike, show even mora 20 108 'of a contrast than has been hitherto 15 1081a 80 108 noted. In tho former, buylnir both t 10 107U wholesale and retail Is still eager, only a looia choerfui reports emanate from most 28 1051a largo centres as to early holiday buy-In- s 100 20 48 1061a and complaints as yet come mainly 80 100 from those who haVe not been nbio to 10 IO6I3 secure adequate supplies of wanted 8 10738 goods. On the other hand the Industrial 26 1061a situation has retrograded rapidly, tho 10 107ia 21 10734 pinch of want of coal has caused many 131 107 shutdowns, especially in East and West 10 looia central States, and tero weather has 21 106g caused much suffering to pralrio Stato 30 00 107 1068 communities whoso fuel supplies have 20 1061a been reduced or disappeared. 25 1007a \Especially acute supply conditions 1 1071a are reported at Chicago, whero hundred 6 1078a of thousand of workers have been cut 30 10734 25 10S down In working; time or have been ren- dered 10 107 Idle, and In smaller Industrial cen- tres 60 107U cast and west of that city. In ad- dition, 15 10718 rural communities in tho Prairie 8 107U States of Iowa, Nebraska and Kansas SouthPac cv 4s note suffering; duo to zero weather and 2 781a P..a30..77la heavy snow. In a few sections, notably SouthPac ref 4s In Kansas, Nebraska and other parts of 25 747g the Southwest, fuel regulations, notably fi 75 the cutting of tho day by two hours, is 0 O 7634 76l3 reported to have affected actual retail 3 76 and Jobbing scalos, and rural buying ii South Pac 4s said to have slumped, with the predic- tion 4 6918 that continued or even moro dras- tic 13 09U regulation or scarcity will Inevitably Southern Ry 6s 18 85 react on retail nnd wholesale buying. 3 831a South Ry pa 41 C011I Strike Effect Slllilit. 1 60ig 1 60 \The country wost of tho Alleghan!e. 2 601a In fact, has been practically put on a 6 ,605a 76 per cent, or lower basis as to time a.......ooia work, and an increasingly targe num- ber 1 0034 2 60ia of Industrial plants, stool mills, fur- naces So Ry M40 4S and factories have -- given up tho 3.. ......55 struggle and closed down completely, a Texas Cocv OS Blnlster indication ot tho working out of 8 103 of coal only Btrlct regulation and supply ThlrdAv &dj b 2 28ls to absolutely essential Industries. 1 33U \As yet, of courso, the Btrlke has bod B..,....287g slight effect on Industry and little or 10 281a no effect on buying In the region from ThlrdAv 10 ref 48 s the Alleghanles to the Atlantic coast, 12 471a although this section, despite its virtual 2 4\g Independence of soft conl, ls bound to UnlonPadfic 4s soon feel tho effect of rationing of an- thracite 12 8334 fuel to allow of shipments to 0 841a nffotl Wostprn reclons. As in all 1 8434 UnPao 10-- s \other labor troubles,, though in a moro 2 10IU marked degree because of tno great UniouPac cv 4s basic necessity, fuel being affected, one 1 S37g of tho first effects of retarded railway UnlonPacrrfis 4 741, operation or of indisposition to Bhlp into 4..S0.. ,741a a posslbio blockade has been in prices 17 75 of commodities which have bggun to TJSRcaltyftI Ss rise.\ ..\.....7713 Dun's Review says \A sharp reminder 8 S Rubber 773g Sa of \the existing industrial drawbacks 10.. .....80 has come with this week's rationing of 1 soia supplies of coal, which has not resulted 3 so from anv war time exigency, as In the 1... ....sola winter of 1017-1- 8, but from the con- troversy S Steel sf is bituminous operators 1. ,9S4 between 34... ..98 and miners that failed of settlement 2... ,.9Slg after lengthy negotiation. The effects 0... ..98U upon general business of an appreciably 8... ..98 curtailed output and distribution of an 7... .OSU Utah Power &i U dispensable raw material have not 1 81 a been Inconsiderable and have been more Vandalia 4s A plainly mirrored tn the partial or com- plete 2 783i stoppage of work at various Im- portant Virginian Ry Ss manufacturing establishments 1 Mlo onfl in thn prowlnc shortages Of goods Wabash :d 6 81 at the very period when ono of the most West Md 4s pressing needs is for greater proauouuo 2 82 with which to halt the contlnuod rise 1 6IS4 West8hore4a of markets. registered 1 601 2 Scarcity Keeps Up lllb. Prices. West Union is \Il.n that am nlffkarlv AXtTOiirdln- - fi SOll WcstUnlon4Wi arlly high are not likely to be lowered 3 8134 when tho scarcity or many articles is WllsonftCo 1st almost every week being accentuated 1 973 tin,-- i nn , -- mTTiTifl nvl ni? or sub 4 97Iq sequent shrinkage of purchasing power YVllsou A Co cv 5 05U and no indication ot any wiuoojtc 0 957a lessening of demand Is now apparent. Wis Central 4s xnrt.il .nntmmnttan of commodities : OS has clearly slackened In sections where strikes have been of prolongeu aurauon, and though tho extreme living costs nn thousands of people whose employment has not beon inter Bid. Ask, rupted, yet the prevailing situation -- mains 30i one of conspicuous activity In re- - 113 .hnnn.la nn,l th enrlv st.irtlnET UP 115 IU1I - \ M of holiday trade is a feature commented 105 upon in nearly all aespatencs. 102 \To the \development ot tno iaucr 10S4 .nniiuinn Inn tAmnnraiures East and 70 64 West have contributed; but knowledge 40 that goods ore not tn abundant suppiy 61 has been a more compelling reason, nnd 1! tr.,, v,.,a nt ATrontlnnnllv hlfirh waRCs 50 70 have provided a buying capacity that 60 promises anotner rocora tnjisunna turn 100 over. 00 \Large as tho commerce of the coun- try 75 now is, It would bo measurably 874 36ii larger if so many retarding element.4 704 wero not present, for not a few new 15 commitments are being turned aside and 47 some orders cancelled because Imped- iments 61 of one kind or nncther render It 65 Impracticable for sellers to satisfy all pfJOHl 1034 requirements. Yot, with all the Btrc.n Coal... 614 624 that Is being laid on the many evidonces .. 123 of business activity, the fact Is not ob- scured Stl pt. 93 94 that thei outlook holds disquieting pf.. 75 73 C pf.100 102 possibilities, and there Is a more sharply serv.. .. 70 defined trend toward prudenca and cau- tion pf..l044 107 In some quarters,\ 7, 1064 Cargo Carrier Launched. 117 33 PuiLADtxr-niA- , Dec. 6. Tt 8.S00 ton 102 cargo carrier Mitchell was lmmohed to- day 117 at the yard of the MorciUpt Ship- building 974 Corporation at Harrirn. Pa 25 r 5 Muiunsn pr .. O ft StL.110 Nat Bis pf.113 Clk ft S.. 77 do pf 10.1 E ft S pt.101 Nat Ld pL.loon Ry M 2pf. 5',1 NYOftSLlpX 62 do 2d pf.. 43 Y Dock.. 69 Norf Ii S... 10 NorfftlV pf. CS North Am.. C4 Pac Coast.. 33 do 1st pf. CT do Sd pf.. 45 Pae Dev.... 734 Pao Mall... 3' Pac T ft T 35 do pf T04 Peoria ft E. 154 rere M pf. 40 do p p.... C2 33 do nf rt PlerceOll Pitts mVftOpf. Pitts PftWVa St uutcnwY .. Rep Stl pf.,105 Ren Bar Read Id pf . 36 Rem 1st pf.190 Rem Scr S.. 9S4 Sears n pf.116 Sloss-- pf... 91U StLASFpf. 214 Porto S..S10 do pf 116 Jos Lead 13 Stand Mill.. 130 Stew War.. .140 Sup Stl pf.,100 Tex PacLT.300 Tide W C..S1S TSt Ii ft W 6 do pt 13 do C do p IS fin O pf.. .. Underwood 106 BarftP. 98 Cir Stl.109 do pt 110 Drue lpt El do 24 pf..US4 213 113 134 140 1574 104 60) Stanwood 175 Rubber 25 96 115 Common Stock 34 r. 1W 614 Wought Sold Quoted 67 C pf..ll!Ji lit tss 118 Cimiiar cn ttjHUf 21 9U 1154 34 66 t: Bolsters Company 11 il Wall St., New York telephone. John 9 UBQIPpf... 66 esi 1st pi sz West Air B.115 West M lpf IS Wilson pf.. .. Wil Over pf 834 Wis Cent... Wool'th pf.114 Wthftn pf A 91 do pf B... 76 Ex dividend.

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