davidaulloa/AmericanStories huggingface dataset:
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12
100 IntersIute HWY lH--.-,.-
1000 Leh Nar N0ns llss.....
l1.ao A. M. 10 l2 M.
NEW YORK COFFEE MARKET

1000 In Rigys Inv Js.....-,...-..,... 6B
2Ol0 Public Serv Corp 5s...,t-......-,, dS3s
300 Am Gas & ElCc 0s-....,....ss....- Si94
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12

The Cleveland and Akron Bag Company
omitted the dividend on its stock The
company has been, paying la per cent.
quarterly.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12
Philadel phia Markets
GRAIN AND FLOUR

WHEAT, Receipts 1885 bush. Export
demand fsir and prices further advanced tc
under stronger outside advices Quotations
Car lots. In export elevators No red. spot
and December, st1ssai20. No red West
ern, SL22'sai. 2iis No. ! Northern Duluth.
St.2slaa t.IOis
CORN Receipts, s415 bush The market
was uuiet but Arm under llsht offerings quo
tations: Car lots for local trade as to location:
No. yellow Old, Masli5o steamer yellow,
9ld, So'a6Sic; new yellow as TO quality. 60
DC new cob, per 20 lbs, GidOSc.
OATS-Receipts 3U50 bush. Sold slowly
but ruled hru unUer small supplies. Quota
tons; No. white Jid544c standard white
HBu8lsC.i No white. J2ian53C.
FLOUR. Receipts, 2iOO bbls and 1856
"gO lbs IN sacks The market quiet and un-
changed with moderate but ample offerings.
quotations per lDd lbs. In wood. Winter. clear,
Aht5HtlOi 10, straight. SJUJ 2j; do patent,
30. 50u1.Ij Kansas straight jute sacks $500
.fD DO, patent jute sacks S. IUd5,65;
sprns- fret clear S5iOd5.3Q do, straieht
Sd.35H3 %; DO, patent S5lGjd5o0; do, fa-
Eyortc brands. SggG59i city mills, choice and
NJNI.25 do, patent. SjJOm5T6.
RYE FLOUR.-ln small supply and steady.
wood Mt &5JOn8,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12
M0DIFIES RATE DECISION
Commerce Board Rules on Railroad
Intra-territorial Charges.

WASHINGTON, Dec. l2.-Thc Interstate
Commerce Commission today modified a
former decision granting an increase of
per cent. on the intra-terrltorial rates
Of railroads operating in Central Freight
Association territory, which, through COM
binations, resulted in increases In rates
to points in West, Southwest and South
eastern territories.
The various carriers in Central Freight
Association Territory, which were author
lied TO make an increase over the existing
Joint rates sufficient to allow of a per
cent increase on traffic moving through
the Mississippi and Ohio River crossings,
were today ordered to give five days
notice by the fllng of tariffs of the 'sched-
ules naming the increases As to traffic
moving north of the Ohio and east OF
the Mississippi, the commission ordered
that the railroads shall state separately
the increased factors accruing TO the
central freight lines. The provsO how
ever is made that no increased rates
shall be established upon commodities that
We're not authorized by the commission
I'm its former decision.
Where the relationship between through
and intermediate rates is altered, which
would involve a violation of the long
and short haul clause of the commerce
act, the commission states the carriers.
before filing new tariffs. must first file
applications of relief. When such ap-
plications are favorably acted upon by
the commission the railroads can then
avail themselves of the advantages OF
the order issued today.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12
BAN TAKEN OFF
MANY MORE STOCKS,
MINIMUM LOWERED
New York Exchange to Per-
nit Transactions in l45
Additional Securities. S
Sentiment Improved.

NEW YORK. Dec. i2-Thc Evening
Bun, In its financial review today, says:
Plans for resumption of business in Wall
street had been so well prepared that
today no one unfamiliar with the facts
would have imagined Ill days had in
tervened since July 3O when open pub
lie trading In stocks terminated. The
resumption of dealings In q limited way
IN bonds two weeks ago today paved
the way for this mornings performance,
and the market started off In very much
the samo way that Il might after a ordi-
nary suspension Of a triple holiday. About
the only feature out OF the ordinary was
the very large attendance OF visitors in
the Stock Exchange gallery and the un-
usual number of brokers on the floor
for a half session Naturally a cheer
went TIP when the gong sounded but
otherwise enthusiasm was less pro-
nounced than one might have reasonably
expected.
Activity at the outset converged large
iy upon Reading which touched 1851
near the opening, registering an advance
of about 2l5 points from yesterdays final
figure and Of 9ls above the closing sale
on July 30.
For the most part the early prices were
above the range at the close of the last
preceding session. They were generally
above the minimum established for tho
1S shares which have been transferred
from the Clearing House to dealings on
the exchange Slight irregularlty de-
veloped as the trading advanced, and
1t became apparent that, despite the fix
ing OF n minimum range for dealings, SELL
ing, as, well as buying, was in progress.
but the important outstanding feature
was recognized to be the fact that deal
ings in listed stocks had been resumed
This impaired n spirit of optimism to
the financial district which augurs well
for the future. It lends great interest
to the market on Monday. when 1l5 adj
dtional Issues will be dealt in on new
and lower minimum of prices through
the exchange clearing mouse.
The resumption of trading was the all
absorbing feature Of the day. and little
attention was paid to other news. How
ever, sentiment was much encouraged
overnight by consideration of the sue
cessful outcome of the Chicago and
Northwestern bond Offering and the wide
ly circulated report of an early and
favorable decision in the advance rail
way rate matter.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12
BUSINESS IMPROVEMENT SLOW
Conditions Continue to Mend, But
Buying Is Small.

Buying Is small.
Confidence in the future is encouraging
enough and underlying basic conditions
continue to mend, but improvement as
reflected in actual orders is disappont-
ingly slow. Bradstreet's says. Con-
servatism. practiced as 1t has been over
a long period, seems to have become a
fixed habit, and in consequence buying
is of the small-lot variety, the disposi-
tlon being to shop often but sparlngly
at any one time, and at this iuncture
slowness In buying is accentuated by the
approach of inventorying So 1t may be
said that the larger lines of distribu-
tlon. as well as numerous producing en-
terprises, are working at reduced rate,
and wherever activity is visible 1t is dt-
rectIy traceable to rush orders for the
warning nations.
1t is true, however, that buying of holt
day goods imparts certain degree Of
activity to retail lines, and at the same
time colder weather, with snow. has
helped sales of seasonable wearing ap-
parel and benefited the winter wheat
crop, but as general rule purchases of
seasonal gifts are rather light and many
centres note tendency to run to the
lower-priced articles.
Thus, while trade in this respect Is
relatively brisk. being especially so with
mail-order houses, lack Of industrial and
other employment is calculated to re-
strict buying in all but those favored
cereal-producing regions that are enjoying
high prices, and as a general proposition
retail dealers anticipate a smaller turn
over than formerly.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12
Movements of Vessels

Str yenntm9oc CBE;l, from Philadelphia. arr
ilSfa Sf az E9IF9eauT Gf,r l,eoem6sr g h,.,.,o,,,
rived at cardirr December ii. ''p'''''
rSd5 1 az 4'eT Gopehbasea anB Beee@Ber eTSR Hfw York ar
str, United states DAM for New York,
steamed r0m coPePjh1ssn pSsemPsgT zee
steamed from Chrlstlanin December I0
rived @ at si-fs Lverpooi D Dceeaiber IL r." i''N
str. Baltic (Br). Tor New York, steamed
Sir ,start Point ,gBIj. from Philadelshia.
arrived at London December 10.
steamed from Londqp peoembsr 10
SIR Bagonne 'ltall from Philadelphia. ar
str Manchester Miller (Br). for PhiiaaeI-
phia, steamed from st. John, n. B.. peeem-
SIR. /; Y stoddard. Bangor FOR Philadslphia.
A1tiila, passed Diamond shosi iishtship
Str. j. NJ. GuHey for PhIladelphls steamed
frggm Port Arthur December H. 49,,
savannah December IL
SIR, currieTi Philadelphia for Porte Rlsan
ports was 50l miles south OF Oyerfalls Light
ship at ( p. NJ December T.
r,SS{lr L9iSao; '9%ins i, sehT' al peiawAre l
Diamond shoai lightship AT p. m De-
str. Lyra San Francisco for New York vas
lSa miles south OF Scotland lightship at noon
SIR. Persian, Philadelphia for JaeKaonrlils.
passed Hunting Island az 7 p m December
Str. Gulfstresm. Philadelphia Tor Port
Arthur Was $50 miles south OF hatteraa a.
SIR. WlnifTed. Port Arthur for Philadelphia.
PASSED Oycrfalls lightshp al $50 .. m De-
ST. Paraguay Sabine for Phnadelphia,
passed T9tggas at 6,s,, p; ~ pessmPssss Psssstss,,a,.
sailed from Aantasket Roads pocemher II
Sch Grace q. Bennett. from Fhiladainnla
arrived at Beaufort December H.
Sch Rebecca Palmer for philadelphia, saued
ssh GoVeraor Powsrs' Phlladalphia Tor
Bangor, sailed from Vineyard Haven Deeen-
beF 10,
sch Wawenock, Philadelphia for Boslan.
sailed from Vineyard Haven December H.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12
STRONG UNDERTONE
TO WHEAT MARKET
AT CHICAGO TODAY
Unnamed Foreign Govern
ment Buys 100000
Bushels-Tota Sales for
Export 100000 Bushels.

CHICAGO, Dec. 12 -Record-breaking
sales Of cash wheat from Chicago direct
to export and n consequent tightening
Of cash and December made a strong
undertone to the market today. Sales
OF 2,OCO0Oo bushels, mostly to foreign
Government, name not disclosed. were
reported authenticaly. The total export
trade was put at 100000 bushels. Export
houses bought futures Of December and
March and appeared to want the wheat
Country sales were light, and the weeks
arrivals at primary centres reflected the
lessened sales Of the last week.
Cash sales were 100000 bushels
Futures closed ~ to t7sc. higher.
Trade in corn was light speculatively.
but the market was strong. There was
marked Improvement in the domestic
demand for corn, but many export bids
were rejected
Export sales were 100000 bushels.
Cash sales were 3S5.OOO bushels. Futures
closed Iac. higher.
oats was stronger on a better call ger
cash and December. Shipping houses
were the best buyers Speculative trade
was small. Large export orders were
turned down by local cash men because
of q fraction of difference In price. Ex-
port sales were 100000 bushels. Cash
sales were 10000 bushels Futures closed
iac. higher.
Provisions was quiet but strong.
Icndinr ftturns rapy,d ne r,ti,,...
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12
DAIRY PRODUCTS

BITrER.--Wholesal trade quiet as usual
ON the last day OF the week, but offerings OF
fancy stock light and values firmly held. Quo
tations: Western, fresh, solid-paCked, creamery,
FANCY Spccinls 3tC.; extra, j4c., extra nrsts
52u;'3C.: tlrsts, 30l3ic; seconds. 2Ga2Sc.: adle-
packed. 21G2lc., as TO quality; nearby prints,
fancy, JIG; do, average extra, 3ju:l6C do,
frsts, 12q3lc; do. seconds, 3Oq3ic. Special
fancy brands OF prints jobbing at 42aiic.
EGGs.-The market developed frmer
tone under light receipts aud prices were high
er. Quotations: In free cases nearby extras,
42u4iC per dog, nearby frsts Sl2ul2.30 per
standard case; nearby current receipts, Si1 .1Ua
LILO per standard case; Western. extra tirsts,
$4,000; Southern, StO. O.SGdll.4O per case. Re-
frigerator eggs, choice and fancy all-packod,
25c. per doz. Fancy selected candled fresh eggs
were iobbed out at 4Od4Sc. per doz,
HEESE.-OneringB moderate but ample,
and the market quiet and without impor-
tant change Quotations: New York, full
cream, earlier receipts, choice, 1Gc. do, do.
current make, choice, 15@151ac.; do, do
fair to good, 14A4i4alc.; do, part skins,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12
POULTRY

LIYE.-Desrable stock in small supply
ana Arm, with demand equal to the offerings
higher; Old roosteTs, i0aiic; spring chickens
according to quality, llul3c, exceptional lots
l3dlIc.; guineas, young, weighing 2 lbs and
over apiece. per pair. 6ec weighing l33qlA
DRESSED PoUL'TRY.@The general mar
moderate mo- rate and Values OF this S' S description
steaoily maintained. Quotations; Turkeys
SG escrE c averare neaTS resepts 1
1Dc; inferior, 12ql5c. No. l. old, 1sc.
S a " !R S9a @ Ss apeas ssfffS a hdfo do
lbs apiece l0lSc DO, al5 lbs; apiece, llq i5e.
dry-paGEed.W @ s drygPicRei G%a5 OY'S IFS.
apiece Ice; do lbs, SC; do, 3h lbs,
roosters dypekcd IS ana i2e brong Chickens 91s
Nearby y az lbs. apiece, 2o%222ei do,
Is to p lbs. to doz:. 22a2Se. milk. fed, a5 to
TO doz,, 20a 31c. corn-fed, a5 TO 80 lbs to
ddo2;, lsdi9c; milk fed. 3l to 80 lbs TO doz.,
mllk-fed, 40 to AZ lbs. to doz., 154c.; milk;
fed, 4s lbs. 70 doz,, 1Ic. mllk-fed, 90 lbs. and
SyfE fEc lsS e9T9-fedI ga q - 9 20 lbs to doz, y
loo, corn-fed, As lbs. and over 70 doz., Ice.
chickens, dry-packed' in bbis.-Western, milk
tedi i. dMry-pleked, M lbs. and over, llo6; Western
lbs. l4Rc:; Western mill-fed dry picked
mixed weights, 1874 iac, Western, milk-fed
over, Ice; Western, corn-fed, lbs, Zoe;
Western. oorn-fed, dry-pieEed, mixed weights,
eTR eofnfed '2Sf9fSf bs 0i spring %Sis
ducks, l4q15c, Spring geese, l2a13s.
bs per @ dozen, ss75S4S5 sRffa,nE White Weighing
ing lbs. psT dozen, s2,5oai .5Oi DO. I lbs
sl.25m so; dark and No. ., soc. dSi.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12
pEATH HALTs $50. .ooo. .ooo SUN
Deeds for Property in New York
Found on Body Of Man.

NEW YORK, Dec. l2-The police We're
startled to discover deeds 10 property in
the downtown section Of New York, val
ued at more than $50 900 0O0 I'm the pocket
of a man who died In a furnished room
house here last night. II developed that
the dead man was Edwin or Emory o.
Edwards. and that he came here about
one week ago 10 bring suit against the
Trinity Corporation, the business organi-
zntion of Trinity Church. as the repre-
sentative OF claimants 10 property held
by the church
An OF the deeds We're very old, one
dated lIs0 showing title 10 ground on
which the postohice now stands.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12
PROVISIONS

sold slowly and some kinds were lower,
air-drled, 2sa2oc.i do, Western, In sets, smols-
go. 2Sa20ci do city, knuckles and tendef,,
snJket and dlr-driGd, 2Jm3OC, do, Western,
knu,kles and tonlets smoked, 2D68Oc. do.
hams S5H36i pork tamlly, so. 5Oa24; hams.
Loose, l3Nl3hc. do, do. smoked. l4UtIiac
other hams. smoked city cured. as 20 brand
ana average, l1nlJiac.; do, smoked, Western
cured, lJmiji3c. DO, boiled, boneless 2gsp
2lc.i picnic shoulders, s. =. cured loose lth
all l3c.' DO, smoked. t2Ld12i3c.; bellies, In
pickle, according to average, loose, i5Qiji1c. /;
breakfast bacon, as to brand and average, city
cured lNVllc. do, Western cured, Isolde.
lard. western, refined. tlerces. ithdtti5c.; do,
10. do. tubs, llhHll iac.; do. pure city. kettle
rendered In tierCcs. 11LIil he. do. do, do,
IN tubs 11L611bC,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12
FRESH FRUITS

Demand only moderate. but values OF choice
stock generally steady. Quotations. Apples, per
hbl-king, S2.75u3.50; Baldwin, 81 .T50e, 30;
GTeening, SlT5N2. -; Spy. 81 1ja2 50i other
t5Oi apples, Westcnc per box, Sldl, 90;
apples Delaware and Pennsylvania, per
hamper JUHtOv. Lemons per box. Simi
Oranges, Florida, per box, 81 50H2 So Tan
Rerines Florida, per strap. S2 3na@.iO. Grape
pies, per crHtC-PCrto Rico SI25n32l; Flor
Ida. Sia21O. Cranberries. fancy late varieties,
per NIL S4HA.HU. Graz berries, Cape Cod, Early
BLACK, per bbl., Sid4. CIauberries. Cape Cod,
Early Black per crate. 15c. II Sl 80, Grauher-
ries. Jersey. per Crlte 71cHSt25 Pears, New
York. per bb-Secke 81 5045; Beurre Hose,
Sld5. Sd; sheldon Sidj. BeurIe Clairgeau, $50
s2d3; Howell s202.5O; other varieties, S2a8,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12
NOTES OF THE RAIL

WASHINGTON, Dec. l2.-In a printed
bulletin issued by the Interstate Com
merce Commission today all steam rail-
roads I'm the United States doing a busi-
ness of 100000 a year collected during
the month of July last S25G, ,O3G az in
revenues and expended Sis 7Oj. 265 The
railway operating income amounted TO
S65. 1850
The ST. Paul Railroad has made large
purchases Of copper for electrhcation
work
The American Car and Foundry Com
pany has received an order for 200 steel
car undertrames from the Philadelphia
and Reading Railway.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12
FINANCIAL BRIEFS

Commercial failures i'm the United States
this week numbered f6l against 400 during
the corresponding week last year. In
Canada the failures were 10 against 66
last year,
The September dividend Of az per cent,
on the preferred stock of the American
Sumatra Tobacco Company that was de-
ferred until February for payment on
account OF business conditions owing to
the Improvement in times is to be antici-
pated and paid on January to stock OF
record December 90
The Cleveland and Akron Bag Company
omitted the dividend on its stock The
company has been, paying la per cent.
quarterly.
Owing to a recent. sale by the Chesa-
peake and Ohio Railway of its one-half
interest In the majority stock OF the
Kanawha and Michigan Railway, the fol-
lowing changes in the officers of the
kanawha road are announced: Alfred
Smith president in place of +. b. Sheldon;
Dwight W. Pardee, secretary, and Hilton
S. Barger, treasurer. The latter two sue
ceeding Il. V. Bennett formerly secretary
and treasurer.
Thirty-hve railroads reporting gross
Ghl ulHES lOl NNe IOufll week OF NONem-
ber show n decrease Of $685. 0S2 from the
corresponding period in 1913
Percival Roberts, Jr., resigned as
director Of the Philadelphia National
Bank. It Is understood the resignation
was the result of recent legislation by
Congress. He is a director of the Penn
sylvania Railroad Company, the United
States Steel Corporation and other im-
portant companies.
Trading in raw sugar on the New York
Coffee Exchange for future delivery viii
commence December l6.
The largest advance shown by any
stock since the ante-war period was made
by General Motors, which opened at IS,
compared with 5S7s at the end of July
The Chicago Stock Exchange now per
mits unrestricted trading in bonds listed
there.
The Philadelphia Stock Exchange an
nounced that on aud after Monday, De
cember II, transactions may be made on
all securities listed on the New York
stock Exchange on January 81, 1914 at
not less than the minimum prices posted
on the board room OF the exchange.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12

Trading in raw sugar on the New York
Coffee Exchange for future delivery win
commence December l6.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12
PORT OF NEwYoRK
Steamships ARRIVING To-day
Steamships to Leave
FREICHTs AND CHARTFRs

., limited supply OF available vessels To nea
,o sno strong demand restricts buslness in fbe
ann AMI t marhet and Keeps rates high Oifshorc
anu coastwise business in the M uhriset y,
ions dun There is light inquiry for
STEAMSHIPS.
Cilm6erhall (Br) Atlantic range to cenoa
February " 'u'' January ana
Ri, ~; steamer, -. same, 5000 quarters
Mlltonhall (Br.), Philadeiphlt 10 Torre An
nunElata and tor) Casteamare grain % o1jn
and January. ' ~NeHtNS'
Oceanic qtal). 2T17 tons, Philadephia h
"Sst coast italy coal, private terms prompt
fIlmo tltell, 22i5 tons, same.
henguela tBr.) 1884 tons Eastorn and
AmeTiean trade one trip. basis S. Cd. delif-
cry bombay, redelivery United states pronlp.
not Garryyale, as reported yesterday
ITopea CBrl. 305f tons tFansHtIantic trade
tpree round trips. basis Is. 3D., deliveries
United Kingdom, prompt.
city OF Memphis tAm.), 3O1s tons same. ons
round trip, private terms, deliveries United
states, prompt.
general cargo, 27s. 3D., January
Pathfinder tAml. 1900 tons Gulf 20 Bre-
men. cotton, private terms. prompt
city OF Macon LAm,). 5000 toms same
Olive (Hr.), 1896 tons, Cuba 10 London. Iiv-
erpool or Greenock, sugar 2Ss- 3D., january.
kylestrome tBr,), 2lO0 tons same,
Ship Tlmandrn, 1887 tons. from Norfolk 70
Rio Janeiro, at or about $500 prompt.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12
DIVIDENDS DECLARED

Northern Securities Company. regular annual
Crd December 81.
Chicago, Indianapolis and Louisville. regular
semlannual per cent. ON preferred pavabie
December 30 70 stock Of record December f9
Pennsylvania Water and Power Company
regular quarterly j per cent payable .JanIiar
70 stock OF record December 21.
ahaWinigan Wafer and Power Company reg
plar quarterly p per cent, payable JantiaTy
IL 10 stock Of record January p.
Capital Traction Company, quarterly II psr
eember -.
PeunsYlrania Water Power eompanv
quarterly q 1 per cent, payable january
70 stock Of record December "a.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12

NEW YORK Dec. l2-The Now York coffee
market opened firm, advances OF 10 20 l8 points
arc shown, sales. 1000 bags. December, assoc
9doc January, 6a5e. bldi February. GG0c.
9sIq6O5e. Jung $1,000 s5c.i July I.IoQ
Use. August. I.Iac. bid; September T.Nifn
5sle. October T.s5e- bid; November 1900.
bid.
Closing; December. 6.45aG5Oe.; January
G52H6.6Sc. February, 6l9I860c, March, 81 08
9G6sc.; April 6.T50d 7dc. May. 0S50B Soc
T65aI orc. September. TOgTTic: October.
I,17Q7.Tsc,i November. 1891 Sac. sales $3.50
bags.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12

Commercial failures i'm the United States
this week numbered i6l against 400 during
the corresponding week last year In
last year.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12

The largest advance shown by any
stock since the ante-war period was made
by General Motors, which opened at IS,
compared with 5SA at the end of July.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12
STRONG HEADS CONFERENCES
Chosen Chairman Of Federal Reservs
Bank Governors.

WASHINGTON. Dec ls.-Beniamin
Strong. Jr. governor Of the Federal Re-
serve Bank, OF New York today Nas
elected permanent chairman OF the CEN
ference OF twelve Federal Reserve Bank
governors, and former Assistant sacrelar}
Of the Treasury James Curtis, Of Boston
was chosen permanent secretary IAe
governors announced the next meetiHE ot
the Organization would be held h Wash-
ington. January q Committees we're ap-
pointed 10 take up the matter Of cheek
clearances and other questions oE bank-
ing and report al this meeting
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12
LIVE STOCK QUOTATIONS

CHICAGO. Dec. 12.-HoGS.-Receipts. 20, e
600: market i0c, lower mixed and butchers
heavy, $6,iOaGS5; light $6 46Ip7 10; pigs. sSio
aG15. buk 81 IodtI y ,dl5, E,T,Rs.eeeipts r.
and nelfers, 50. 5OmS.I0 stor ers and feeders
81 5OHGT5: Texans, SI26QG 20; calves, SSm
native and Western, S3.5Oa6.40: lambs $3.50
6g35.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12
COTTON MARKET STEADY
Southern Selling More Than Offset
by Trade Purchases.

NEW YORK, Dec. l2-The cotton mar
ket opened steady, / 10 points 10. ia
sympathy With Liverpool. which reported
trade calling and some short covering
There was renewal OF Southern selling.
but this was more than offset 81 trade
buyins and the market gained a point OF
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-12
TO Establish Reciprocal Accounts

WASHINGTON, Dec. 12.-Reclprocal ac-
counts are 10 be established hy an Fed
elal Reserve BANKS 70 facilitate the hans
ding of checks drawn on the reserve
banks and the settlement Of balances re-
suitins theFsfrom according g state
ment Issued today IS the governors of
tha FedeIai Reserve Banks. Who have
been % conferences g ths ireasuEF ne-
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