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t ow s and Gossip. of To-Day’s Market—Present and Pu- b ture Prices. The chief feature of the atock mar- | et to-day was \ts dulness and com- parative unimportant pice changes. o'clock amounted Transactions up to to less taan a half million shares, ‘Iraders are robbed of courage by @ho many uncertaintics im the specu- are content to lative outlook. They @it back and do nothing marketwise ‘antil there are new factors on which % base positive market opinions. ‘Thon, money conditions are much Call rates to-day rose to 10 per ‘cent, and there wore strong indications that belated Dorrowers who postponed filling their money requirements until the last egainat an active market, minute would have to pay 12 per cent. or more. Also no definite word was receited trom Indianapolis that the coal strike swas settled, The radical element in the miners’ union aro, fighting the Wasis of settlement agPeed upon by their leaders and Wali Street will not be content until the’ result of the final vote is known, ‘New complications were injected into the already too complex railroad tuation by the statement of Direo- tor General Hints that the carriers would, so far he knew, turned to private contro! on the first of next month, Considering thé fact that prospects of the enactment of rémedial railroad legislation in the interim aré growing very dim, this * statement had a more or less de- pressing effect on railroad shares and they were heavy throughout the market session ‘ News ihat a month ago would be followed by an enthusiastic burst of bullish market activity now passes practically unnoticed. For instance, ft was stated to-day that sales of copper metal in November amounted 40 140,000,000 pounds, and that the metal situation is now gradually but surely mending. However, copper shares were without friends, and were unable to maintain last night's final prices, Gimilarly, the announcement by the Bteel Corporation that Hs unfilled tonnage in November increased 655,- 663 tons, which fulfilled the prediction made in this column yesterday, failed to stimulate buying of the stocks. It ‘was entirely offset by the information en by trade journals that steel pro- jon has been seriously curtatled because of the coal shortage, and that it probably will be several weeks be- fore output can get back to normal, Exchange rates continued to be de- moralized, There appears to be no dottom to this market. Sterling broke te $3.77 3-4, a new low record, and exchange on France and Utaly fell off perpendicularly, ‘The market failed to break dut of {ts rut in final dealings and the tone @tothe close wus heavy. The Outs Market. In sharp contrast with price move- ments recorded on the Stock Ex- change, outside securities gave a good account of themselves to-day, and in the oil group substantial gains were scored. The feature of the market was 6imms Petroleum, which went now high record at 63, up 41 ‘There recently has been per cumulation of this stock based on highly favorable developments in the Homer field of Louisiana, Carib continued to display an up- Ward trend, although a fog of my! tery envelopes property developments, During the past three trading days the stock was moved up 12 points, which equals a gain of 1200 points fer the old stock. The pool im Hendee seems to be having « dificult ume in making headway. To-day the issue ruled slightly below the final prige of yes- terday. ‘ Bright spots in’ the industrial list were Vanadium Steel and General Asphalt. Proft taking was in evidence in late trading, also considerable short selling as induced by the unsati factory price trend of the big board. The close was Irreypular. appointed Registrar of Class Claas B stock of the Granada O11 Cor- poration. The company has ‘also been appointed transfer agent for the pre- ferred common, Class A and Clans B steck of Montgomery Ward & Co,, Inc. A and A dinner will be given by the Won City Club to-morrow Hotel McAlpin in hb Dally News, and Frank 1. Cobb, editor [Ut tat Mt te am ing some of The World, who will on “Tae| of useful wagk would be subject to Press and Public Opinic ae HAVANA ENTRIES, RACE TRACK, HAVAN C. pel, NA, Dec turk : for irae or Minott YP: | ered yesterday by the Second Indus: “Eis ; i wu’ Gating yo ollz: | trial Conference. OND. RACK Pive and a lait furlongs; | The discussion was divided into two a okie and comand: “claiming: oame | phases-+whether such employees have Sr Tio wales |a right to strike and what machinery ae ati Halon: |should be provided to adjust their ati eet. Y sips grievances. A sub-committea was asta (unioves: 10 tasked to draft a tentative statement iw: Mile. Dazic; of the conference's views. yeas Olds We Polar Cub 1 DURTH TAO! saaaloa cao: pe Mace Jou. 104; ‘Triverwox 1M mma Money,” 115; Bally nd 0 ‘cla cd isin Six trl mgs OD TPTH RACE—-One. mile fp tituzearilds ang dyward ne sdack Healey, 88. 8h Woe Star fr: Balt is Wlints ol Aived, 107 XTH BAC dome tile thgee-seat-oldn aid upward Ath i Ribbons, “Att | il. Aes ng be re-! evening at the nor of Alfred G, Gardiner, former editor of the London | 10,-— for to-morrow’s races are Net Jast, Change, Adame Rxyrem Ad, Reanety Alasica Gold | Atak Jeane, tis, Am, Chaimen Age, Chem... Meet Sugar Bows Mag. . an, . Am, Car & Wry, Am, Cotton Ol... Am, Sumatra Am, Drag Mynd, Am, H, & 1 Int. Agel, Corp, Int, Harvertor Int, Mer, Marine Ant, Mer, Mar, pw Int, Nicki int, Key Goring. Keystone Tire... Kanms City 90, *Lackawauna Steal, 8 Lee Rutter & Tim 36 Lehigh Valley . Lowe, & Nashville, 110 42% MISCELLANEOUS: High % 600 Amal Tire Stores 500 Am Mareomt ex FINANCIAL NEWS AND PRICES | rast. 204% bad ch 1%9] 0X | % 200 Merritt Oil 500 Metrapolitan Pet 10 Morten Peto .. « 2200 Shelly O10 . 300 Spencer Pet 19% 100 Star Texas .... ws 800 Victoria Oll wew 1% 1800 Vulren O11 6400 White Eagle 2400 Y On % 2700 Alas. Br. Col ss ie 1000 Arizona Silver % 1000 *Atlants 6500 Kureka Croesus 4900 49 Mining 400 Golden 1500 *Gold Cons :... 15000 *Goidfield Devel 1200 *Gold Kewana 1000 *Gold Merger . 1000 *Gold Silver Pick . 13 Hela Mining 1000 *Jumbo Extensio 1000 *Knox Divide . 1000 Louisiana Co . 4000 "McNamara. 8000 *Marsh Min 1000 *Motherlode . 1000 National Tin 200 New Cornelia «. 400 Niptasing* 500 Onondago 20000 Rochester Mines 7000 Rope Group .. 1000 *San Toy 12% 300 8 Silver Lead 1000 *Sucoess Min 2800 Tonopah kext. 1400 *Tono-Jim B 2000 *Tonopah Midway . 1000 *White Cape... 1000 *White Caps Kxt 2 1000 *Wulbert 8 $1000 Allied P a 3000 Am T 6s 22 « 1% 1% 96% 29000 Beth St 7 29 100% 100% 100% 10000 Con G 5ihs 4 + 6 6, 10000 C CC & StL os. 6 6 8 10000 Cudahy 71 101% 101% 101% 3 1% 1% 86% 80% Be Manhattan Ghirt ., a2! avell Motors ., 08 3 ewell Mot, ist...” OT% ou— % ie oase bn ” Mexian Pero... 100% Woy + 2% os then PPro jam ar hele + S| ie tegen Ponte yoy Mullins Body ...66 + one ae reg Midvale tect... 4% Aw Mo, han, & Tex, 0% -% an Mireouri Pwciflo,., 2% + Hires c ‘Montane Power... @8% + % am . Midtic State OF. MN +% ry 4 (Natio! Acme,,.. 37% -% — he = 8 National Aniline, SJ -—1 a= i 17% 18 + 1% | Net. Conduit, 10% ~ % | Anaconda. ss.s+ iy 8 Net. in. & @ip.. of + 2% | Amo. Dey Goode,. +h Amociated Ol»... L19 +h Atehison Bry ..... BO +1% | Atchison Hy pe... 70 ag | Atlantic Const Lino 02% = © AU. Got W. 1 1T2% + Hy |eunasoe a, 0. Se 4 — % | 1000 United Profit Sharing ™ bd ‘ + %* 000 United Met Candy. 1% 1%) 1100 Vanadium Steel 5mm 80 100 ¥ Vivaudou Inc . aay 2M — % | 100 Wayne Com occ +1% STANDARD OILS, - % 12 Ohio OF .... . aT 10 Bouth Penn Oil ex div. 326 Powse's Gas .. ‘ | DAM A Meaicnsteves ; 1 oda mapa an 19 Vacuum Oil Butte Copp, & 7%. 9 f 0, We + 1% 1s | Butte @ Ban... “YM ied Arrow 70% + 2% 1 3000 Allied On a Fd | Mutveriok Co, 2% [on bade on AGN + %[ t00 Alto @ & 0. i* | Caded Gent, Oil. « 2 |v ora Os — WI gee ams) Rovajys « Calif, Peding 4. TH TT TH — Me)t - a. IM — %) 50 Aries On. a Calif, Petroleum .. 44% 4% abl (vod te ape dad + % 1 500 Anociated O11 . 2 Calif, Powo, fo. TS ™ 6% thes ao. pe %) s00 ark Nat Gas.. 4% AMY Calumet & Arin., G2 2 me ' “ry ‘on % | 1400 Boone On . oom % Canadian Pat oes 1% phearyd + 1%] $00 moston Mexion 4d Cent, Leather « AS bende | es sbens Wremiee « 100 | Cerro fle Pasco. . git" i 5 108 Hrazos O11 .. | Chea, & Odio. age re b> ease lig 000 Burknett Van Cleave 2% tee ou \ | Remington Typ... 1% + 4061 peso Gore Bred ws Chi, Mi. & & P. By ST 30% % | Kay, Motor . ® + %] aco Ciele ON ChLMI, 461, PRY ph BAM 88 1% | ep, Iron & Stee! 106% +141 yee Cities Ser B tu.. Chi, Preamatic Toot 108 107% % | itop, Ir, & Stool pf, 106% wt Mh | bow chtses orto 98 Chi, Ro, & Pac, 25 uN “| Royal Dutch N.Y, 101 = %] 100 Commonwealth Chi RL, & Pac.6 61h Ole Savage Arms ...45 TT +1 | $100 conten & Co . Chi, Great Went... 8% 84 8) saxon Motors ....6 10% + 1%] 500 Mik Basin Pet Chl, & Norw, Hy, 6% Bly HOt bd + %] 600 Rete On Chile Copper. 64 14 we — % | Si maocnes Chino Copyer sso. 00% BD 98% % Gl lasnen oO . Jo. 0. 0 & Bh, 4 HO Litem inet, Steel 4 + % | 1000 Gienrock Oil . Cat, Fuel & Ieon,, 40 M% 40 + [Southern Pacific — % | 600 Gaffey Gillespie . . Col, Gas & Bieo,. 04 64 + | Gouttiern Kathway. . — {2100 Gultiand pf... . Ot, Graphoyhone,. 67% 08% — 2% | Houtern Ky of... TB 87% BTM —— 1% | 1700 Hudson Ot! . . Coca Cola ........ 30% MA + HW Stromen .... 6.6 HH HH We + | MOH ....- ° Comp, Tob, & Rec, 0% = + 2 | Studebaker 107% «108% 107% — |] 700 Int Petrol . * Consol, Claar Corp, OF o Stute Motos . ug 112 700 Inland Oil NOt aa iat Gonsol Gas Go... SS Si% — WIS Lb. & San Ky, 16% OBK dd + 4 | 1100 Livingston ; a 8 | Com, Int..Cal, Min,. 10% 19% Superior Steel... 4 aL 8200 Magna il (ee ease 2 Cont, Candy ....66. 16 + Me | tenn, Cop. & Ob, 10%. 10 10% — %| 200 Margay OU % ON Cora ears § Sis + ‘| Texas Co, - 20 285 HOR — 1% | 100 Maracaino Oil % 86 (26 Corn Products pl... 107% 1014s + el term & Pac, cee 2 41K AR Crucible Steel... 310 200% + 1% Lamint Ave, mM“ MK OK — % \ eremeeal ts yy | S| Rew ut cs BY BY aS VLA S, SOLDIER FLEES | Coke Cane Suma 7 62% + 4%) deans, Ot ae aK BA Ow 1 Oe ee Oe ee oe ee ae D OF DEATH SENTENCE Cuban Am, Sugar,, 809%) 800% + 9% | Unlon Pacific .... 198% 10% 1M — % Con Textile Corp, au as %|unton on . mu ot 8 = & ae ; Delawacr & Mudeon 00% wo i take Der ke OM Oe Bes aiaenie a6 Sau’ [Yael Sows 100 108” aw” + 4 | Swiss Court Sentences Crix for 10% 9% 10% + bas 1% Me, OM + an Murder, but Has No Trace . . 2 — Pudicott-Jobnion .. 140 ns ae Sy rab of Him. rie bot} . Indust, AL. 100% 104 101% + 1%] BERNE, Dec. 10.—The Criminal Court ae ais an Muboer 66. 126% 128% 18 + Kat Bribou near here, to-day con- Yer Min, & Hm, Seat ers ace "3 Naty qt [arated to death, in contumeey, @ form. Wik Tster . an er American soldier named Crix, said Freeport Temas .... 90% ; . y|te de @ deserter, who was charged with Son WAS Se ee murdering an Italian traveller named General Chem ‘ = ey Md SanMapenets General Clear ‘a * General Electric 100% 108% %| Crix, described as @ ye of faced General Motow.... GAM sah dinary, strength, excaped from priten ha, pee can aa KH fern found. A fellow-deserter from General Motors dyb, st4 Xmerican Ariny named Munslo was se! ts ey Sy yy | ened to serve seven years. Grenby Minn, s+ eT aera, ie Ry, he WH TH Werte Unton det oe On, a ma Wet, Airbrake %|LOSES FIGHT FOR DAUGHTER a 4% Westinghouse ' —_—_—__ edly ; WM Wheeling 2 - ? Court RK je Adop- Gull Staten Bee. GH OOK Wilbe-Overiand E ee «| tion of White Plains Babe. oT Witlys-Ovor, pf ah vy she ira 7 ot \ Riley Hayford of Yonkers, on Wien Oo ts, 1% 06 + 1 Turned from service in France with the Ingplration Cowper Gl 00% Wilan Co, in th a pe jodie Inter, Con, oe 4M Be 4M Te Worthington: “ we + 1% [2 EB. F. to find his wife Inter, Con, pol 13% 13 1s % — *Ex-dividend, three-year-old daughter, Chafotte, le- WARTIME WORK LAW INVOKED AGAINST MINERS President of Local Union in West Virginia Is Held for Alleged Violation, MORGANTOWN, W. Va., Dec. 10.— One solution to the present strike among the coal mine: may be the en- forcement of the war-time law which compels every man between the of 16 and 60 years to work at ieast 36 hours u week. This law was invoked yesterday against Charles Boswell, president of theg Loulsville local union of the United Mine Workers of America. Boswell was held in $500 bail for the January Grand Jury The among the miners, arrest caused much excitement as it arrest. GHT TO STRIKE.! | DISCUSSES WASHINGTON, Dec, 10.—Relations between employers and their work- men in public utilities were consid-) LONDON, Dec. 2.—Many Labor Ma- yors, Who will be at the heads of London boroughs, regard the regulia of office as undemocratic and have expressed their intention of discarding them. R. M. Gentry, the Labor Mayor-elect of ages |" nue, W night dictment John Wenzloft, Blering ment gett! ance papers bec aging dir of the surplus Hines, Je middle of October, when about returned to copted 10 per ney had work wage nts ney also demande: WASHINGTON, s thd result of ward Fulham, says that he will to pel without’ the ‘robes and “« hat, but will wear the chain of sig lof, widow of the slain unde; erl and fuel oe y Packing Strike Settled, The strike at the packing plants of Swift & Co. and Armour & Co. vey City, which has been on since. the was pet 200" inenefromeach “plant strikers “ac n receiving 47 n hour, but struck for 60 cents, ognition of the union, which demand was mot granted, 0 a Carranza Decrees Virtwally End Mexico O11 Dec. The cent been a R Stockmess ‘waxed to marry for some time. Rey, Bender af the Reformed Chureh, Jer: ulso a chaplain in the 10.—An in marican oi) Kellogg of New GIRL MARRIED IN JAIL. Weds Man Held in Jersey City on Charge of Murd Miss Anna Blering of Palisade Ave- Hoboken, was married in the Hudson County Jail, Jersey City, last to Castor Stockme: under in- on a charge of murdering Mrs, Margaret Wenz- man, indictmept in connection with the is also had rad City, who is Poues Depart- Receives British o} tiling Dispute Over the Impera ASHINGTON, Dec. for Get- offer to the case against the British liner Inwerator, which has been denied clear- she took x tons of coal instead of the 2,500 tons which her permit called for, was made to the Railroad Administration to-day by representatives of the British Min- istry of Marine and DW. on Cooke, man- stor of the Cunard ling, One feature of the offer was the unloading Decision pected late to-day by Director General is ex- in Jer- crease wry. 10,-dProduction of off in Mexico practically has ceased decrees promulgated by President Carranga and Xhe general |morning, ki aititude of the Mexican Government to- forgign oll companies, Payne of the Shipping Board was told to-day by @ delegation of A: men, headed by F, York, Chairman @ally adopted by Mr. and Mrs. Rector D. Maclean of Pleasantville, lost his court fight to-day in White Plains for abrogation of the adoption contract, Surrogate George A: Slater dismissed he ex-soldier's petition because the testimony showed he had abandoned his wife. Mrs. Hayford died in Yonkers last Jan. 16, three days after she had consented to let her daughter be adopted. ee eeererereel LANDLORD IN COURT. Accused by Evicted Withholding Property. Mrs, Alice E, Riker, landlord of the apartment house at No. 673 West 159th Street, was in West Side Court to-day on the complaint of Mrs. Charles Case, former tenant, that Mrs, Riker was “un- lawfully withholding” property valued at $310.70, ‘The missing Koods are alleged to have disappeared when Mrs, Case was bvicted on Tuesday of last week. Magistrate Schwab was unable to where he had furisdiction in the con, troversy. Counsel for Mrs, Case pur- poses, he says, to take proceedings In replying, The hearing was attended by many Washington Helgits rent-payers, WON'T GIVE HOWE REPORT. Secretary Wi ym Decl nish Lt to Committ WASHINGTON, Dec. 10.—Secretary Wilson to-day declined to transmit to the House Immigration Committee the report of A. W. Parker, formerly of the immigration service, regarding the ad- ministration of Frederick C. Howe, as Immigration Commissioner at New t of to Fur- Mr. Wileon said that because of the confidential nature of the report, pub- ue Cr ad required that it be not made public. 60 TONS OF COAL ON FIRE. Unberned Portions Saved While Fire- men Fight Smoaldering Embers. A fire in sixty tons of soft coal under the sidewalk of Weser Brothers’ plano factory at No, 520 West 43d Street, dis- covered shortly after 8 o'clock this t the fire apparatus busy for several hours this morning. While Water was being played on the fire men were dragging the pile into the cellar to 6 operation factory was no! tert with, PRETTIEST YEOMANETTE INJURED WHILE DANCING Fractures Bone in Ankle While Try- ing New Step—On Duty at Brooklyn Navy Yard. Miss Helen B, Mulligan, selected dur- ing the war as the prettiest yeoman- ette of the navy, is absent from h duties in the Brooklyn Navy Yard be cause she fell while practicing a new dance step in her home, A small bone In her left ankle was fractured, “I was sewing when it got a sudden whim to try the new step,” she sald to- “While I was turning, I slipped and fell.” z She is in her home, No, 145 Bridge Street, with her ankle in a plaster cast and {t will be @ Week before she can £0 back to work In the Civil Police De- tment of the Ni Yard, John fouls O'Neill, an ert picked her us he prettiest girl in the navy. BANKING AND FINANCIAL. < Livingston e Oil We have prepared: the most complete analysis of the Liv- ingston Oil Core poration, yet issued, It contains import- ant facts and s tistics ghat should be in the possession of stockholders and discriminating —in- vestors. Copy sent free on request GRIFFITHS&HIRSCH 35 Broad St. New York ‘Tel. Se Beseeeeenun Specialists in TEXAS-RANGER PROD. & REF, LIVINGSTON OIL LIVINGSTON REFINERS MIDDLE STATES OIL ALLIED OIL Latest imformation on request. jing held hack by dealer§ who want | mum | fixed at 12 cents CURB FLUCTUATIONS . IN OILS AND INDUSTRIALS Di to continue 8 ning Jan. 1 was called up for) consideratios in the’ Setate to-day. | |} @ It is not too late to buy the Cuban 1 crop, 3,000,000 tons of whieh is still |undisposed of, McNary said. ‘This, he added, is more than enough for Ame an needs, The sugar bill was debated for j hour but.no action Was taken. year | |) \| is Activity in this Stock? an || t status of the Federal Oil Co.? amen sears | GEE | adding about 4,800 bbls. Leta pe I} Manufacturers Get @,500,000| BULGARS TO TRY EX-KING |} he Renin heariest completed on | Pounds, Dealers Hold are the prospects for early dit || || dends om the commen stock? FOR CRIMES IN THE WAR | Premier Says Demand Will Be Back Most of Rest. | Failure of ¢ nsurty rs to get th Made for the Extrddition of || cial Letter, which I have just prepared || expected quota of sum was ex- age ee C ||| om this company. i plained to-day by Henry E. Costello, Ferdinand. ||| weerw OX tnuestor shiod Orr Chairman of the Sugar Board, When] GENEVA, Dec, {0.—Determination to ||| gare tha profs poneiDtNtioe {it was announced that 5,000,000} Prins fala Pe ee a i for Cony, of, ints, Speriel Letter a pounds of Louisiana beet sugar would | © " ial was expressed by M lye sent to this district, of which 20,-|Stambuliwsky, Buigarian Premier, in ||) Bw] passing through he: 000,000 pounds would be available for e on his way home | |) New York City, relief was expected| erence) “Om (he Paris Peace Sor from the shortage. | The Premier said he would imme- | Of the 20,000,000 pounds 13,000,000 | diately demand the ne's extradi- | pounds have already arrived and been |tion, and would press the prosecution distributed. One half of this, or]0f the’ members of the former Bul- 6,500,000 pounds went to manufactur-/ rian Cabinet, who were recently ar- ers, despite the assertion that there |"ested on the charge of betraying Bul- guria into a disastrous war. is an enormous quantity of candy and | = other sugar products in storage, mueh A message from. Sofia on Nov, stated that the ronment had already of it being held f y export Of the other 10,000 pounds, Mr.|PekUN negotiations to obtain the ex- Costello estimated to-day that at|'radition of the former-King and ether . refugees. Earlier in the month Ferdl- least half and possibly more, is be- nand was reported to be in Munich, to maintain a reserve against any | ———__— — shortage in the future. The 7,000,000 BANKING AND FINANCIA pounds yet to come is expected to be divided up much in the same| way. As a result, a8 pointed out by Mr. Costello, instead of there being St h Y | db Bream nwa BP ther, bene oneham Yearly Handboo here of between two and three pounds, the per capita distribution COVERING is in realty but litvie more than half 4 pound. Food Adwinistrator Arthur Will- iamg has fixed 14 cents as the ma price for the Loujsiana sugar retail. The Wholesale price 1s Oil—Mining—Industrial Miscellaneous Securities Ba management. properties, market fluctuation, dividends, earnings, etc. Heation 0} ‘BIN SICA, SHS M uRy "Chas. A. Stoneham & Co. | Al Broad Street, New York Bill to Extend Life of Equalization | wuasones — | iattod—vhlladegueciereang Established 1908 ‘Board Pressed by Author in Senate, Fill in coupon, address Desk 30, for free copy. WASHINGTON, Dec. 10.—The BANKING AND FINANCIAL. $10,000,000 CITIES SERVICE COMPANY Series D 7% Convertible Gold Debentures Dated December 1, 1919 Due January 1, 1966 Comvertible after January 1, 1922, at option of holder into either Cities Service Company Preference B stock or Preference BB stock and Cities Service. Company Common stock, together with the accumulated cash and stock dividends after December 1, 1919, on the amount of Common stock into which the Debentures are convertible. Interest payable without deduction for Normal Federal Income Tax not exceeding 2%." Principal and interest payabie in United States Gold Coin at offices of Henry L. Doherty & Company, New York, or offices Cities Service Company, London, England, Coupon ‘Debentures; denominations $1,000 and $500, registerable as to principal; interest payable semi-annually * December 1 and June 1. Debentures, registered principal and interest; denominations $5,000, $1,000, $600, $100, $10, and multiples of $10; Interest payable by check monthly; except that on Debentures of less than $100 principal amount ' imterost is payable angually only on the first day of December. THE NEW YORK TRUST COMPANY, TRUSTEE Cities Service Company, through subsidiaries not only is « vital factor in the oil prow duéing, transporting, refining and distributing industries, but also is one of the lergest public utility operating organizations in the country, supplying service in twenty-three states, Crude oil production of subsidiaries in 1918 was in excess of 17,000,000 barrels, Series D 7% Debentures are direct obligations of Cities Service Company and with $26,923,732 total principal amount Series A, B and C Debentures now outstanding with the public make up the funded obligations of Cities Service Company, the Debentures bee ing senior to stocks having a present market value of approximately $200,000,000, Net earnings of Cities Service Company for the 12 months ended October 31, 1919; available for payment of interest were more than seven times the requirements for pay- ment of interest on all Debentures outstanding in the hands of the public, including those now offered. Each $1,000 principal amount Series D Debentures convertible after January 1, 1922, at option‘of holder, into $925 par value either Cities Service Company 6% Cumulative Preference B stock or Cities Service Company 6% Cumulative Prefer- ence BB Stock and $75 par value Cities Service Company Common stock, together with all accumulated cash and stock dividends on $75 par value Cities Service Company Common stock after December 1, 1919, up to time of conversion. ‘Through operation of an investment fund there will be available after January 1, 1920, for purchase, in the open market, of Series D 7% Debentures at a price not exceeding 105 and interest for account-and benefit of holders of Series D Debentures, a sum each month equivalent to the cash dividends paid on the amount of Cities Seryice Company Common stock into which the Series D Debentures are convertible, Price 100 and Interest HENRY L. DOHERTY & COMPANY 60 Wall Street, New York — SSS, FEDERAL What i back of the Market | kmow that three new wells |! The: id th phases Federal OF grograse soe > cussed authoritatively im a timely Spe- We believe this handbook to be the most valuable and complete pub= if this kind ever tasued, Completed and printed by our own statia. teal departnient, it represents @ permanent and valuable source of general LIBERTY BONDS One thousand companies and stocks are reviewed, with a history of capita lizatio No Promotions