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Reading Times from Reading, Pennsylvania • Page 11

Publication:
Reading Timesi
Location:
Reading, Pennsylvania
Issue Date:
Page:
11
Extracted Article Text (OCR)

STEEL SHARES STRONG Mexican Petroleum Securities Rise to Mew Mark as Villa Fades fi'Y SPECIAL. LEASED WIRE NEW YORK. Dec. 2S. Foreign affairs, particularly the reported crisis in the British Cabinet, were held to be mainly accountable for the pronounced change in speculative sentiment today.

Instead of the breadth and higher prices that characterized yesterday's extensive operations, there was a succession of selling movements, with intervals of feeble rallies. Many recent gains were dissipated. United States Steel Again the leader, recording an extreme loss of 1 1 8 at 87 5 8, from which it made only slight recovery. Anaconda Copper, whose directors fulfilled popular expectations by increasing the quarterly dividend from $1 to $1.50, was under steady press ure and other issues of that group, notably American Smelting, denoted substantial selling, regardless of another rise In copper metal to 22 1 2 cents for future delivery. Oil stocks were very active and strong for a time, Mexican Petroleum rising 2 1 2 to the new price of 110 1 2, but elsewhere among the various high priced specialties and utilities the market seemed to lack stability or actual support.

Rails, especially St. Paul and New Haven, were steady to strong in the forenoon but lost ground In common with the entire list toward the close of the session. Texas and Pacific was weak, falling 7 points to 8 1 2 on the threatened receivership. The tone at the close was heavy, all the activity of the last half hour being at the expense of quoted values. Total sales 6220,000 shares.

Bonds were irregular. Total sales (par value) were $5,87,000. United States bonds were unchanged on call. Hazleton's Country Club was partly unroofed, and several new buildings rocked off their walls by Sunday's storm. HEW YEAR'S DAY CELEBRATION AT PHILADELPHIA Saturday, January 1st, 1916 SPECIAL EXCURSION TRAIN KEADIXG Franklin Street iirusboro Monocacy "uislassville StU'ft POTTSTOWN IjnficM Itoversford Phoenixville Fare.Lv.

A.M. 1.50 1.40 1.30 1.25 1.25 1.20 3.10 1.05 1.00 8.10 8.13 8.28 8.23 S.3S 8.43 8.48 8.58 9.03 S.13 Terminal 30 05 RETURNING Specinl Train will loave Philadelphia, Reading Terminal Ht 7.00 p. same date for above stations. Tickets good onlv on date of excursion on above Special Train in each ilirection. Children between 5 and 12 years of age, half fare.

ERS' PARADE AND OTHER ATTRACTIONS Members of Berks Clubs at State College More than a score of farmers and boy and girl members of corn clubs In various sections of the county. left over the Reading Railway State College, where they will attend farmers' week exercises. The party was scheduled to arrive at its destination at 4.3o In the afternoon to remain at the college for the remainder of the week. Following were among those who comprised the party: Dr. J.

S. Rit tenhouse, Lorane; David Miller, Sinking Spring: A. II. Adams, Ester ly; Elmer L. Levengood, Douglass ville; Walter Kline, Stonersville; Mr.

Hoffman, Stonersville; John H.Sherman, Bethel, winner of the second prize in the corn clubs for Pennsyl vania at farmers' week last year: Anson M. Gettel, first prize winner in Bethel Club: Irwin Levengood, first prize winner. Amity Club; William Geiger, first prize winner, Gei gertown Club; Herbert F. Snyder, first prize winner, Centre Club; Lau ra R. Snyder, first prize winner Muh lenberg Club, and Claude Kline, Stonersville, first prize winner, Exe ter Club.

RAILROAD NOTES Fay Day Helps Christmas Buyers Out of Trenches Pay day on the railroads Tuesday lifted many people, who had gone strong in their assistance to Claus, out of the trenches, and make possible some lively shopping for the remainder of the week. Employes of the Reading Railway Company received their checks on Tuesday and with the pay date at the shops announced for Thursday, about $127,000 will be disbursed in the semi monthly pay. The pay car operated on the Schuylkill division of the Pennsylvania railroad on Tuesday, and about $55,000 was to be disbursed, of which amount nearly $25,000 is paid out in Reading. The railroads have been very busy with the holiday rush and there will be no letup after the first of the year. The P.

R. shops have been making much extra time. Directors Re Elected. At the annual meeting of a num ber of subsidiary companies of the Philadelphia Reading Railway retiring directors were re elected. The employes at the Spruce street station presented to the agent, William S.

Mover, a gold' masonic charm studded with diamonds. All of the mines of the Reading Coal Iron Company resumed work with all of the cars needed. Samuel Gable, aged 30, a P. R. flagman, was struck by some object hanging from a bridge In Harrisburg and severely injured about the head He was taken to the Harrisburg hospital.

The new locomotives received from the Baldwin plant are being employed on the main line between St. Clair and Bridgeport, the Leba non Valley and East Penn. They are too heavy to run over the New York division. It will be necessary to strengthen some of the bridges and extend the turntables before they can be used on that end of the line While the Schuylkill and Lehigh passenger train was en route from Reading to Slatington the locomotive broke down a few miles this side of Slatington. About 500 cars of grain for export which had been side tracked in the vicinity of Port Richmond, Philadel phia, are being removed to other parts of the system where it will be side tracked until there are vessels into which it can be loaded.

D. N. Lewis and William Haring, train dispatchers, employed at the upper Reading station, who. have been off ill for the past 10 days re sumed their duties today. REAL ESTATE TRANSFERS Property at P15 Elm street, lot 20 by 130 feet, Thomas F.

Hallman to John C. Ander.son, Price, $2,000. Part interest in two story dwell ing, 628 Birch Ftreet, lot 12.6 by 100 feet, Lizzie Oboid widow of John H. Obold, to Amelia Himmelrnan. Price, $10.

interest in same property Howard Obold, executor of John H. Obold, to Amelia Himmelrnan. Price, $10. Seven two story brick dwellings, 413 to 425 North Second street, lot 76.7 by 100 feet, David Sternbergh and wife, Ruth Sternbergh, to American Die Tool Company. Price, $10,000.

HtMMtMHMHUMlltlHtM I WHAT WILL 1916 DO FOR YOU? Now is the time for you to decide as to whether you will advance and find yourself better off at the end than at the beginning. A savings account with the COLONIAL begun now and kept up will put you many laps on the road to prosperity, by New Year, 1917. Start one, and make 1916 the beginning of a career of good fortune. We pay four per cent, on savings, compounded January and July first. COLONIAL TRUST CO.

IMIHM MIMI THE READING NEWS TIMES, READING, WEDNESDAY MORNING, DECEMBER 29, 1915 Financialand Commercial CommentsandReports BRITISH CABINET UNREST ECHOED IN WALL STREET Split in England Causes Change in Speculative Sentiment Here FARMERS' WEEK YEAR'S END RUSH SALE OF WHEAT WEAKENS PRICES Closing Out of Accounts Has Depressing Effect CORN AND OATS OFF Bids Waver at Close Dull Day's BITTER, EGGS AND CHEESE TRY LEASED WIRE1 NEW YORK. Dec. iS. BUTTER of BY SPECIAL LEASED WIRE CHICAGO, Dec. 3S.

General selling to realize profits and to close up accounts for the year brought about a decided setback today in the value of wheat. Prices at the close were unsettled, but 1 to 3c net lower, with May at $1.24 al.34. and July at U6. Corn lost lal to 2c and oats a to lc. Pro visinions finished unchanged to 36c down.

WHEAT Mav 126 Julv CORN 117 Deo 73 May 77 OAT Dec 43 Mav 47 PORK Jan 18.75 Mar 1S.S6 LARD Jan 9.75 May 10.05 RIHS Jan 10.no May 10.40 Cash quotations barley. 64a74c: clover, pork, lard, rios, 126 117 74 77 43 47 18.75 18.36 9.75 10.05 10.03 10.) were: 123i 115 71 42i 46 18.80 18.75 9.67 9.96 9.92 10.35 Hi 71 75 42 47 1S.S0 1S.75 9.70 9.97 9.92 10.27 Rye. No. 2, tomithy, 5o.OUas.2o; Philadelphia wholesale tby special leased wire PHILADELPHIA, Dec. 28.

WHEAT Lower: No. 2 red snot. December, $1.24 al.3S; No. 2 Southern red, Jl.22al.24. OATS Firmer: No.

2 white, 49at0c; No. 3 white, 47a47c. DRESSED POULTRY Firm turkeys, nearby, choice to fancy, 24a26c; do. fair to good, 21a23c. POT ATOEiS Firmer: renn a fancy.

per bushel. do. fair to good SoaSSc; Jersey, No. 1, per basket, 60 do. No.

i 2ba30c. Other prices unchanged. Unsettled: creamery, extras (92 score) 33c: creamery (higher scoring). 34a MVic; firsts, seconds, zoazic. EGGS Steady; fresh gathered, extra fine, 34a35c: extra firsts.

3LaSJc: lirsts, 31aS2c: seconds. 39a30c: nearby hennery whites, fine to fancy, nearby hennery browns. 37a40c. CHKES13 Firm; whole milk, flats, held, specials, I7al7c; 3o. average fancy lie; do.

current make, specials, ib alvc; do. average fancy, lviaiwic FLOUR Steady; spring patgents, J5.80ae.30; winter straights, fj.taao.75; Kansas stralgnts, to.toas.w. BUFFALO CATTLE TRY SPECIAL LEASED WIRE EAST BUFFALO, N. Dec. 28.

CATTLE Fairly active; steady. VEALS Steady, HOGS Active; heavy, tS.90a7.00; mixed. J6.85a6.00; yorkers, fi.50a6.90; piers, roughs, stags, a. Jo. SflEEP and LAMBS Slow; lambs, al0.25; others unchanged.

CHICAGO LIVESTOCK BY SPECIAL LEASED WIRE! CHICAGO. Dec. 3S. HOGS Receipts, higher; bulk, JS.20a6.6o; light, ti.) ac.ao; mixed, 56.1oa6.70; heavy, Juloafe.To; rough, w.ioae.so: pigs, si.wati.w. CATTL.B Receipts, rirm; native beet steers, jb.ooaa.io; oows and.

belters. calves, S1IEKP Receipts, strong; weth ers, sn.B'jaY.iu: ewes, 4.ooa.bo; lambs. PITTSBURGH LIVBSTOCK TBY SPECIAL LEASED WIRE1 PITTSBURGH, Dec. 2S. CATTLE Steady; supply light; choice, JS.60a8.7B; prime.

ixtwer; supply ugnt: prime wethers, cull and common, $3 a4.50; lambs. JT.OOalO.l.'tj; veal calves, til all.50. HOGS Higher; recenpts 10 double decks: prime heavqies, mediums, ffi.Wa6.D5; heavy yorkers, J6.S0a6.90; light yorkers, J6.50a6.6d; pigs, J6.25a6.40; roughs, PETROLEUM BY SPECIAL LEASED WIRE OIL CITY, 28, Credit bal ance, $2.15. Shipments, 116.2SS; average, Runs, 60,163: average, 65,156. GREENAWALT GREENAWALT.

Dec. 2S. The funeral of Mrs. Richard Bond took place from her late home at Greena walt. Services were conducted by Rev.

M. R. Klingaman of Lynnport. The cortege proceeded to New Bethel Corner Church where further services were held. Interment under the direction of Funeral Director Charles Greenawalt was made in the adjoining cemetery.

Mrs. Bond was born in Lehigh county near Lynn port. She was the daughter of the late Daniel Fenstermacker. Dinner was served at the Kempton Hotel. The bearers were: Charles George, Oscar Zettlemoyer, Afred 'Kramer and Oscar Lutz.

This was one of the largest funerals held In this icinity for quite a long time. Mrs. Frank Miller visited the family of Joel W. Miller. Albert J.

Hunsicker and son Al bert visitee the family of Clinton Trumbauer near Kempton. Mr. and Mrs. Daniel Zettlemoyer visited the family of Clinton Hoppes, at Kutztown. Frank R.

Miller was at Kempton on business. Mrs. Anson Stump of Kempton, and Mrs. Claude Steigerwald visit ed the family of Mrs. Lizzee Kamp.

Mr. and Mrs. Mrs. George Bond, Richard Bond, William Fenstermacker, and Mrs. Louise Rex, of Lynnville, made a business trip to Reading.

Samuel Wentzel of Pottstown visited the family of George Heffner. Misses Grace and Laura Hunsicker, and Elda M. Focht visited the family of Henry Heffner. COTTON Xcw York Cotton Futures Yes.Clos. Open.

High. Low. January ...12.14 12.1S 12.1b 13.14 12.16 February ..12.20 March 12.34 April 12.44 May 12.59 June 12.64 July 12.75 August 12.69 September .12.44 October ....12.46 November ont. Can 12.37 lii 12SO 12.71 12.4S 12.50 Corn P. Ref Crucible Steel Del.

Hudson Den. A Rio Gr Den. Rio pf Distil. Securities 12,44 vim visa 12.74 85 74i Irsp. Copper 4634 inter.

21 14 Inter. Con. pf 775i Inter. Met 21 "4. Inter.

Nickel ct 196 Inter. Paper Co IT Inter. Paper pf Kan. City Sou Kan. City pf Lackawanna Steel si 1.4 ienign vancy ft'1 ixjuis.

Nash Mer. Mar. ct Missouri Pacific Nat. En. St National Lead Nev.

Consol N. Y. Air Brake. N. Y.

X. N. H. N. O.

West N'orf. West North American North Pacific Pacific Mail Pac. Tel. Tel Penna. R.

People's Gas Phila. Co Pittsburgh Coal Pittsburgh Coal, Pressed Steel Ry. Steel Sp Kay Con. Copper Reading Rep. Iron Steel Rep.

Iron Steel, Rock I. Co Reck I. pf Seaboard A. Seaboard A. pf Sloss Shef Southern Pacific Ry Southern pf Studebaker Studebaker, pf St.

Sou. West St. S. Union Pacific United Cigar Stores United Fruit Un. Ry.

In. Co. Un. Ry. In.

U. S. Pipe ir. S. lnd.

Alcohol U. Rubber U. S. Rubber. 1st U.

.8. Steel Utah Copper Va. Car. Chem Wabash Wabash, pf. A Wabash, pf.

Westing Western Maryland Western Union Willys Overland Wisconsin Central 12.37 1Z63 12.70 12.51 12.47 12.26 12.41 12.52 12.64 12.63 12.78 12.70 12.45 12.47 SPOT COTTON. Yes.r:!os Today's. Middling uplands 12.35 13.35 Middling gulf 12,69 12.60 SEW YORK STOCKS HigluLow.Close, Alaska Gold Mine 26 24 24 AlasJuneau 30 lo 1 Allis Chalmers 32 31 32 Allis Chalmers, pf. 85 84 84 Amn. Beet Sugar 70 4S 68 Amn.

Beet Sugar, pf 93 S3 98 Amn. Can 61 63 69 Amn. Can, pf 111ft 111ft 111 Amn. Car Fdy 79 77ft 77ft Amn. Car pf 117 117ft 117ft Amn.

Coal Prods. 158 156ft 156 Amn. Cotton Oil t. 65ft 54ft 64ft Amn. H.

lift 10 10 Amn. H. pf 52ft 61 51 Amn. Ice Sec 26ft 26 26ft Amn. Lin.

22ft 22ft 22ft Amn. Lin. Oil, pf 42 41 41ft Amn. Ixeo 70 6 69 Amn. pf 102 fcift 301ft Amn.

Smeltinsr 106 104 Amn. Semi ting, pf 112 111ft 111ft Amn. Snuff 147 147 147 Amn. Steel Fdy 62 l7i 61 Amn. Sugar 115 1153 i 115; Amn.

T. 129V 129 129 Amn. Tobacco 207ft 25 2u6 Amn. new 107ft 107ft 10774 Amn. Wool ct 4fl 48 4Sft Ainn.

woolen 48 47ft 47ft Amn. Woolen, pf 95 96 96 Anaconda 91ft 9 X9ft Atchison ..108 un 107' Atchison, pf. 101 101 ft 10J Atlantic Li 11X14 11374 11374 Bald. Loco 121 117 117ft Bald. pf KiSft 10S lOSft Rait.

Ohio 95ft 94ft 94ft Bait. Ohio, nf w. ml 7744 Batopilas Mine 3 3ft 3ft Bethlehem Steel, pf 345 145 345 Brooklyn U. Gas 131 131 131 Butte Sud 7iu (W. taa: iii.

reiroieum sua Cal. Petroleum, nf Kfi Can. Pacific lsi Central Leather 64 Central Leather, pf 109ft Ches. Ohio ksl Chino Copper 66ft m. ureal west Chi.

Great West, pf 39ft Chile Copper 24 R. I. Pacific 17 Colo. Fuel saw, Consol. Gas 145; 61 et 64ft 179'i 179ft bca 53ft 1098 109ft 62ft 62ft 54 14ft 39 24 16ft 51 64ft 14ft 39 24ft J6ft 153 lcsi 4 Dome Mines 2S7i Electric Stor.

Gat 66 I' rie 43 Erie, 1st pf B7V4 Fed. M. pf 627i 1434 1434 tt S5 4714 66 42 56i 52V8 jcii. jziitzyiirw lidvfc Gen. Motors .....494 494 (en.

Motors, 1164 11 jiV4 uuuuiicii 10. tryi "tit Greene C. Cop b2 f.l'i pi'4 Great North, VH 12f 12514 Great North fl'fc so" 60 Gug. Explor 82 SI 14 8H 4 111. Central 108 107 los inter, tarv.

Corp 80 RO so inter, intj no inter, TM. 119 451 77' 4 64 Sl SI wer. Mar. pf 757i 73 Max Motor Co 76 75 Max Motor 1st 102 Max Motor 2d 67 B6 Mex. Petroleum 11014 wm Miami Copper 35 M.

S. P. S. S. Kan.

Texas 7 7 Kan. Texas, 16 16U 374 3 26 474 2S 66 42 mi 173 494 110 119 4514 21 4 774 21 195 12 49 31i 64 81 81 126 3 264 136 39'fc 18 18 73 29 2S 653i 65 65 ....16 1H 130 119 139 ....110 109 109 77 76 76 30 30 30A ..122 121 121 Si' JIM 11 42 59 ..110 45 35 4 llivv; 110 110 St. L. S. 1st 9 St.

L. S. 2d 6'4 St. Paul 96 St. Paul, 132 S4 Sears Roeb 1S7 Tenn.

Copper 62 Texas Co. 232 Texas Pacific 10 Third Avenue 6W4 Union B. 8 317 111 11 11 42 42 59 69 109 no 444 44a4 354 3514 rev fc IH'A trtA 4C 25 S3 RT .110 1S 39 64 44 44 25 25 SI' 51 54 110 110 171 174 39 391,4 63 63 102 102 23 23 63 62 62 166 366 ..113 113 113 20 20 1 ...139 13S 13S 9 9 9 ...149 14S 14S 21 21 21 3S 33 261 Msj 35 ...130 126 12ti fftSJ 64 54 ...109 11 10! 87 SIH 80 8 4914 4S'i 4' 16 16 It 46 45 29 29 2J 71 68 32 32 SS RS ...036 236 23( Woolworth 113 CH3USTSLS TREE FIRE The first Christmas tree fire oc curred about 7.30 Tuesday morning at the home of Charles Howard, 718 Washington street, when a tree standing in the parlor was "burned. The blaze was extinguished with several buckets of water, and except for the destroying of the pretty tree, the smoking up of the house and the killing of a canary by smoke the damage was slight. NEW ALMSHOUSE CARPENTER At a conference of Directors of the Poor elect Focht and Sherk, they agreed upon Charles Hoshauer, formerly of Brecknock township, now of the Eighteenth ward, to be the new carpenter at the County Home, to succeed Alfred Stoyer.

The job pays 35 a month and board. FRANCE RESPONDS BRAVELY TO LOAN Subscriptions Are Legitimate and Much More in Bottom of Stocking ASSOCIATED PRESS CABLE PARIS, Dec. 28. "Subscriptions to the new government loan exceeding 14,500,000,000 franca are, for the greater part, in cash," says an official announcement made today. "France may be proud of this great financial success," continues the statement.

"The country has responded fully to the appeal of the Ministry of Finance; it has understood Its duty and its interest "This fine result has been obtained healthily, without speculation. The banks have not made advances upon the security. There has been no hypothecation of credit. The subscription are actually the disposable resources of the nation which have been brought to the treasury. Great sums are still in the hands of the people and at the bottom of the stocking which will be available.

Besides, France has important holdings of foreign securities of which not the least part has been sold. Franco Still Good "The first care of the treasury will be to reimburse the Bank of France for its 2,400,000,000 francs advances. Thus the government of France emphasizes the soundness of its financial policy. This policy indicates clearly that the French state has firmly resolved to maintain the value of its bank notes. "The confidence in our credit is great England, Switzerland, Holland, Spain, Argentina and other countries have subscribed important sums to the loan.

This confidence is the more useful at the moment when the mark has depreciated, due to the uneasiness, more and more manifest, over German finance. France has so managed her resources that now reserves, fresh and alert, enter the line, while other belligerents show traces of lassitude and disquiet." ENEMIES AFTER OSBORNE'S SCALP Two Indictments and Counts Against Warden of Sing Sins IBX SPECIAL LEASED WIRE WHITE PLAINS, N. Dec 28. Two indictments containing seven counts were today returned against Thomas Mott Osborne, warden of Sing Sing, by the West Chester county grand Jury which has been Investigating conditions In the prison. One indictment charged the warden with having committed perjury in his testimony at the recent in qiury conducted by Dr.

Rudolph Diedling, of the State Prison Commission. The other indictment contained six counts. The first count charged that $00 AO Osborne absented himself from the prison. The second embraced allegations that the warden failed to perform the duties imposed upon him; that he failed to prevent felonies in the prison and that he ailed to report Immorality among the prisoners. Allowed Fights The third count charged the warden with permitting convicts to go into the death house to visit Charles Becker.

The fourth count charged Osborne with failure to maintain proper discipline and the fifth alleged that he permitted fights between convicts. The sixth count contains allegations against the moral character of the warden in IH3 relations with prisoners. PROMISES DIVIDEND TO ITS EMPLOYES NORRISTOWN. Dec. 28.

A bulletin issued today by the Diamond State Fibre Company, with plants in Bridgeport, West Consho hocken and Elsmere, an Seven nounces that hereafter the company proposes to pay a dividend every inree montns to its several employes, to be based on the wages earned during the previous thirteen weeks. The plan is only on trial, it was announced, and will be discontinued if it does not work out satisfactorily. The dividend on the total wages earned during the thirteen weeks ending December 18 will be six per cent, and will be paid by check on New Year's Day. A holdup, said to have occurred Monday evening on the road between Black Bear and Lorane, was reported to Constable John W. Smith, who went to the scene to investigate.

The victim was said to be Lutljer Herr, of Lorane. According to the story given the constable, two men confronted him as he was on his way home, knocked him down and relieved him of $19.50. 1 Bailey5 Bring or send your donation to the Telegram and News Times Office or drop in the box at the Crystal Restaurant. Eleven Pure Rye A etratsrht out and out ry that naJua friends with the rery tirsx i4ad far almost half a craturr tnd made right or it wouldn't oopular! TAKE I MODE RATIOS' AJfTfi CBrtW OLD CUACEPIT1X FULL QUARTS 75c $1.00, $1.25, $1.50 On ml9 In Qpavrtv Ptati nd Half Pint at th following dealer: P. k.

HINRERS0TZ 2nd and Penn SteJi Made for 48 Years by HUEY CHRIST 1S08 Arch Stu. rhlUdelphVit Gonorrhoea Aod01et ft relieved in 1 to aays. Big ts jion poisonous and effac tlve in treating mul cwi cuFcaargea. Will not stricture. Prevanxa OLI I5Y DRUGGIST'S Parcel Post If desired Prlca U.

or bottles Prepared tf The EvarB Chemical Cincinnati, OJ f4t mi TA Sfc gg fA without faiuuin'roimce ur I i Cntrrt ofThertiii.f. Andro(ryit 1 LI.

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About Reading Times Archive

Pages Available:
218,986
Years Available:
1859-1939