ir-ncnm' vnnn EVENING LEDCilOR-PHILADELPHIA, WEDNESDAY, FEBBUAEY 17, 1915. 13 FOREIGN EXCHANGE FIRMER WHEAT AND COTTON PRICES LOWER STOCK MARKET WEAK jfRICES OF STOCKS SAG; CHANGE MART FIRM fclplomfttic CompHcntiona Still K.th.i...r,nf P'nnturfl Several ioiii""v ---- Issues Reach Minimums. .- -.i. r. Tli HnnrmAil Pi. -ill the stock market today was the faatle development, between th. KxTa States. Germany and Great Sffin and what action Wilt bo taken by S5 ri..t nrltaln should Germany carry out ISGScfd Intention . of. a blockade a? -ni. xnui iii- o ui.Kviwbv l,li,ni Great Britain. Tnm caiuea a inclination among traders tOfl do any Hwt ! until there aro some definite do a? the opening prices were aenerally lairn throughout the list. The market re. ' ..?- . rturlnir Uio remainder of the iiirtlon and stocks were off around 1 Mint from the close yesterday. In I il .... nrlces were oft even more. totn appeared to bo a larger supply of .".. .hi Atvnwnrd turn, but there tmtnO demand. HA lew iinimito ucw. ..u . . . - F,i)l movement etnrtcd which carried Kki prices of many shares to tho low twlnta ot the day. Mexican rctroleum a&ed a net lots of GV4 rolnts at tho end St the day. tho stock- lmvlng boon weak KhMurhout tho day. Mlnnoapolla and St K$ preferred lost 654 Just before tho d?'e' ,,.... an.ilhrn TJolKi-nV urn. H &.tS T-nnse-Wllea Biscuit and Baltl- an and Ohio sank to their now mini mum prices established by tho spe ...i ,.,mmlttB of the excrmntre yes- herday. Now Haven was off 2 points at th opening ai """ Hilly explained by the report of tho company for tho quarter ending De cember SI, which Bhowed a deficit of K71875 after charges, os compared with ,d,nclt of J185.446 In the last quarter of Tjll The stock In the later trading re 'covered slightly. Southern Railway pre ferred lost 2 points at 43, as did' Loose Wiles Biscuit at 10 and Baltimore and Ohio at 67. ., AuOUl mc musi uvmo taenia vu a.uuw.- ' IfS BUU UltllVU utuica UKtl ..V.......U.., uv.. tolng Below me cioso yestcraay. The foreign exchange market was firmer today. Demand cables eturted at : ilTMi and shortly after strengthened to Hl,J3?i3l.80. The strength was thought to partly duo to tho talk of the forma- Uon 01 a siw.wv.wv synuicuie 10 bjiichu 'credit io Great Britain In tho United Elates. No oltlclal announcement has b(4n made on the subject. In some quar ters 11 wan neiu mm. wie iiiiiiuliyu auuuiu U taken In London. V .Borne of tho selling In the market today r ftl llluugni. .u wo iui .uicinii ULbUUiiv lit $an effort to put exchange rates back on l,'a, normal basis. Thero were sales of 'bonds by Amsterdam for German ac- ifount, but It was said that tho amounts iwere not large. ', If a decided upturn does not occur In the exchange market within the next ftw cays it would not be surprising If the Bank ot England released more of Its" gold reserves from the Bank of Ot tawa for shipment to New York. At tort-sent thero Is upwards of $50,003,000 of American gold In Ottawa, which was Ehent there last spring and summer when Pine export gold movement was at Its lihelght, and, therefore. It would not bo TiiFnrltr,fr tinw if anrviA nf II wrn rn. B tamed. R On heavy liquidation the wheat market Scold off today. Fear of shipping com- 0 (.plications anroau was one or. cue main pinfluences. Cotton prices also declined. There was some talk-In the bond mar ket about some possible now financing by fne Government In the near future. This financing. It is said, would be done to place some additional funds at tho dis posal 'of the Treasury Department. BANK CLEARINGS Bf RlMndlnE day last two years: m iqi.'i. inn. mix MPtillAdelp'a .sisi.Mis.win si4.4i.i.n:.i fil.:isi,ril r. BEoUin 25,M.1,017 S.S,fi.M.nnl .t7,117,3IVI ElBt Lonli... 11.040.7:11 ts.74l.nni 14,M'l,.sn &tw jorK...3i.u-i,ni.i iiiu,;wi,4o 3i.uuv.4:;j RATES FOR MONEY Call. Palltilelphla, Nv York . .Poiton ... CMcaao ... A UltC. 2U,Ji:tR .::::::::::::: 5 UPffl er, three to ilx months, riill- k Commrelal naoer. LAdllDhla. SUfii ner tent. Ufc i Reservo Banks' Discount Rates Davs. SO or 80 or CO or Over iKSS"1.:.:: less. eo. no. no. .. 4 .. 4 4 b 5 n n n 4 4,S 4 4 4 IS 4 4 4 E""w iorK giyeUtnd .. 4 .. 4 :.-4 inuRmond Atlanta ........ Cklcato ,. P 1 e KjJiBnaioiii"'.".V .nea guy .... iilUa Franclieo .. FOREIGN EXCHANGE NEW YOIUC Feb. lT.-The foraum ex- J5SM market opened a shade flrmer, at an vumt'a nnela. During tba afternoon aeislon fi iireniin aereiopea. natta rollotvt StirllBr Aimmr.A Today, '"S!'.!!1' V; " i nuci, cables rfrlnea, cheeka ..... g enmaraa, checks Wchmarka, cahlea . GOVERNMENT BONDS oa2 K" vi vwu bvuinjn V"1 KK5X i "(Si'"" o? OTft.a"' a coupon. ....'... .101' Efl,W." "K!4 m etftll YZ& rextatered looj f-ef 1925 coupon' ,.,.U0! no iONDON TRADING' NARROW federal Atnnitfan RTinvoD Vm TTItvYi- pf ... n..jiT i; " .,:: oi: " xeeteraay. .BVl l.TUH 4.R0U 4.7U 4.78U 4.78U S.S.Wl fi.24Vi 0.2IU B.M BIT. 8t i LONDON. Wah. 17.Tfartln n aaeurl. tj? on ths Stock Exchange Joday was alrrow and there was a disposition to pnultate. Qllt-edKCd Investment Issues IJMrj ttejuly. The announcement ot the) UMue of M,000,0O of treasury bills next Pfek, of which 6,000,000 will bo renewals. ITU not depressing1. For the redemption ine treasury noted 1,00Q,0CQ was ear-tked. Amerlean shares showed a better tone. Bfiw York. Central being up ft full point. -cjnrn jiauway, Bt. rul and Canadian Pwtfio. were higher at" tho close. London. N. Y. cloie, eaulv, msv. ? O", JM ? VIM IMTS 6SH . T l k1 u ;'""""iimi is 1 rSrti " ,uo uraj,a,,,,M o 9' r&lf. iii 10lt IWU ?,? ..,v s tSu01 a Fields -Ineraaaa, -Dferati IdVESTonK minTATroNs tSPH&BQ. Vh lT.-HOaa.-Rec.lDt. i0.- unia... ..;.. ;:. . Till bin? ,V,9t?"f",.,n SI 51 V. ft wtet ..." .:. toa loots u :::::i:::i:::8J 0 S tth R."Y.i-"""""-'" l3i 15 - ? , ... .9?a . - n . 1Z3h lloli " H KcherTWs. "Su'ffiS,. ftt&JSA ; iiwii'v iKnt)i, ii.kt. ii'jKitatin a Baa.l'tf ' Sf3 VT K-kf" iUKSstfift. &ii?;?ffi?ai'ui!t. .13.70. cMrct - p R ?!. IS.60i0B. 8HBEP -Raeelnta. tirs"rrt atroBK. Kitlve sad Wcatern, JWIS Jamba, 43,jS0aS.4. HEW YORK MRTAT. Hf ARKT?!4 lBn. .... . New York Stock Sates ..... . . . .V Prev. sale, tilth. Low. Close. a fi. A.i.e,1 Mln! ""fOJ, 28), 2BK S8U ",.. vimuncu prei . ,., 35 AmAChrprcf,,,,., j 3.1 as 3S fi2H ei mi 44f J4't &1 R2 01 RBH 27M M 44V 44U 83 r, 27 23l OH 01 27U 04 HH 81 S STli 2.HS 2IH '"" " t .. 40 !fl AmCanpref ,,, fl.3t Amercar&Fdy . Amrotton on ,., 4oH W( ... an nm r-Avmj I... Am Hide Leather ... &i Am Hide ft Leather pref 28 Am Ire ,, 21 Aml.lnseed ,(1,., n Am Locnmollra ....... 21! 27 mi OH 21)( fill! am 01( nm omeiuni ......... T4H rtmomciunjprcr Am Pucar , Am 8teel Fdy ... AmTcliTel .... Am Tobacco Am Woolen .... .. Anaconda Copper Atchison At Coast .Una ... H aid in Loco pref naltoftOhlo .... Hallo A Ohio pref lifth Steel , mow ioow mm inon in2jt lnjjf jo2 iraij 28 27 27 27 U0H 1I0H llfi'f 118)i .230 22(1 223 22.1 . 8 IK . 27 20! Off 04K 104 10'. .101H 100 . fi8V 08 . 00 6714. IB 18 2fll 20lj 031$ 03 5 i mi mi 100 100 67 07H 07l R7I-S mi tJSM r.m-5 Bfi( licth'Stcel pref iruv iruw 1ruKin.11 BrooWynGaj 127 12nj 20 12flJ Brooklyn flapld Transit 8fi' SOU 8.1H SB California Tet 18! I8! 17U 18 California Pet pref .... CO 63 6lK Bl CanPaclIlc 167W 157! lfiOW Ufl'f Central Leather MM SAW 84H M central Leather pref ,.1M 102H 101f 10IK Chrs & Ohio 41f 41 41 41 H 34!( Chlno Copper ChlcOreatW Chic Great W pref A Chic Mil A St P ... Chic Mil A St P cref 3515 II 20) i ,?4!( 11 11 20 11 2Mi BUM 20' 80 80 124f 124 124H 124W C C o & st Louis pref. . r,r, fait n mi erne & Northw .... Cluett Peabody pref Corn Troducts Corn Products pref . Col Fuel A Iron .... Cont Can Cont Can prof Distillers Securities Erie Erie 1st pref Fed M&flpref .... General Electric ... General Motor prof 125W 12 125 125 100 0 no 25 47 00i 11 21! 34'4 100U 100 100 OH 0i 0 07' I ZV( 4B!f 00W 11 21 U 3o row 2.V 47 00M 11 21!( m 2fif 47 00 11 21M 34U 20 20 20 20 ...141U UH 14 1U 14 W 03K 05 05 05 SH 31 31 31 os onw 9n onu 116 114Jf 114H 114'f 31M 31 3rj 30Jj Goodrich Co Goodrich Co prof ... Great Northprn pref Great Jsorthcrn Ore Gutcenhclm Exploration 60U 60W Wi 4B!( III Central 107W 10'.! 10 105H ' i Int Harv Corp of N J . 03' 5 0J 04'f 01'f Interboro-Mct 12H 12H 12K Intorhoro-Metprcf .... 67t 67 6fl'f Inspiration Cons ...... 18U Wi 18H JlCasopref 80 78 78 JK.iyserCo 81 78 78 Klsegn 100 107 !()." 12M 60' i 18li 78 78 105 132 117 17 115 70 23H 00 25U W TM 17 Lchleh Valley 133 132)i 132 LleseUAMTobpref .110 117 117 Loose-Wiles Biscuit ... 18 17 10 LoulsrANash UbM 115 MackayCo 75 70 Maxwell Motors 24U 25 Maxwell Motors 1st pref 62 01 Maxwell Motor 2nd pref 25H 25M Mercantile Mar '.. H If Mercantlio Mar pref ... 5U 5S MlnnAStl 17'f 17 115 75) 23 60 25K Hi 5H 17 MlhnAStLpref 48i 42'f 42l 42H MStPAS SM 112 100K lOOJf 1095X Mexican Petroleum ..70 70 04H 05 Mexican Petroleum pref 81 75 Mo Kan A Tex 10 10H Miami Copper 18' 185 Missouri Pacific HUf 10'. Montana Power BOH 60( 75 10 18 10U 4DV 75 10H 18!( inn 40M Montana Power pref ..101 Nat Enamcllne 10! Kit Lead 49'i Kat Lead pref 108 100?f 100JJ 10OJS 10 10 10 00 SO 60 107 107 107 VIM 12W 12W .Nevada Con 12H N Y N II A II NY Centra! ... Norfolk A West No Pacific Pacific Mall .. Penna Peoples Gas .. PlttsbureCoal 40 47 47 47 . 84 84 S3 83' i .MO! 100 OO.'i OON .1P2 102W 102 102i . 20.'f 20 20 20 .104'! !P4'f 104' 104!i .118'f 1I8U HSU 118U . 2IHJ 2l))i 20 20 . 00 03 03 03 Plttsburc Coal pref PLorlllardColstprcf.117 114'j 114M 11 t'j Pressed Steel Car 20U 29 28'f 28'j Pullman Co 152JI 152 152 162 23 21 Ja 21 21 2'f. Ui Hi Hi 17 17K 1CU 10U 143'' imi 142M 14214 85' i 84 83 8J 11 i H IH Hi 1M Hi Hi Hi Hi Ui Hallway Steel Sprlnsr Quicksilver pref Kay Cons Heading Heading 2d pref .... rtock Island Dock Island pref ... Itumcli Co Seaboard Air Line pref. 30 30 30 30 204 mi 15 48 00 43! 02U 21m 128 124 44'i 07 5M Scan Roebuck ..204M 204 204 83H 14K 48 60 43( 02'f 20V 127-j 12'i 44 07 M 28 Southern Pacific Southern Ity Southern Ry nref .... Standard Milling pref 81 b3!( 15H 50 G9'-f 15W 48 CO 45 mu 20U 120 12)i 45'i 07J SM Studebaker 45ii Studebaker pref 03H Tennessee Copper 2914 TeiasCo 130 Texas Pacific It It .... 12'.' Third Avenue 40 Twin City R T 00JX Union t!z& Paper. ... 6W Union Dag & Paper pref 23! S Union Paclflo 119 Union Pacific prof .... 81)f 23 2S 110M U8M HSU 8U( BUi 81K Union Pacific ar 2M4 2hk 2Mt 78M 2M.1 f4 28!f 78K SUM U S Undl Alchol pres. . 70JJ 7B'f Un Rwy In pref 20 20H BBH 55H us Rubber USeteol US Steel pref ... United Cigar Mfg . 43H 43 42 42 ..104M 104H 104W 104H .. 45H 45 45! 45!f .. fi2H 62M &Ui 5H( ..2 2 Ui 2 Utah Copper Wabash pref Western Union Westlnghouse Electric West Maryland West Maryland pref . Wisconsin Central ... Woolworth Wlllii Overland, 03W 63J 02M 6.JI G9!f 69H 00 60 10 18U 18 18 304 30 30W 301 32Jf 32U 32K 32 04 0J' 039 i 04H 0 l.S 5 o Od 0JX D5K 05H Willis Overland pref Total sales today 150.000 shares compared with 160.160 (bares 'yesterday: this week 476,675 shares; lut week 1,100,220 hares. MINING STOCK QUOTATIONS TONOPAH BTOCKB. Bid. Aektd. Jim Duller .71 . MaoNamara ., ,, Midway Mlipah Eatentlon .....m.,... Montana ,.,,..,,.., North Btar Tonopah Belmont , Tonopah Kxttnelon........ Tonopah Merser Tonopah Mining .,,., Iteeeue JSula ,,,.,,,.,, West Snd ,,.,,,,,,,,,, OOLDFIELP BTOCKB. Atlanta ,,,,,. ,,,,, ,,,, ,.,, Blue Hull ,...,,...., Booth .,,,, ,,,,,..,,, IJUll dog ,,,,,,, .,, ,, ,,,,,, C O D..t'iMlM,MIMIMIM(lHlMI, Comh Fraa .,.r...,,,,.t.t,,, DUtnondfiela D u............ ........ Dala ,..,.,,,,.,,.,,.. .Ui .07 .33 .45 .14 ii s 03 .31 .03 .03 ,a .03 ,00 Florence ........,.,,, 67 noldfleld Conaollilated ,,.,...,. JH Ooldfleld Sterner ,,..,.....,.,,,,..,, .IS Jumbo Kstenilon ,,,.,.... . ""if Kewapas t,,..4.,,,,,,,tf,, 28 .to I ., V ...,,.,......',-..,..- ,.fl Bna nn ! r MISCELLANEOU8, Fairy AstQ ............. tn.. .JJ .03 .10 SO 1.13 NtVmdA Hilt (MUMMM..IMM, '?? Kvd4 Wondtr ... ::i:j tt NEW YORK CURB Bi1 Braden Coppsr. . . .. . . ,....,, British-American T old.,.., UrltUh-Amerlcsn T nsw... Ooldfleid Consolidated , Ortsn Canaats Ls Bos NIplMln ...... t....t Oils Blsvator .,, Oils Elevator pref,.., D9 m :::::: I g !'".""ll2 Biker-Keresun Sterllnr Qi Tobacco Pi roducts prsf , 02(i :a Bloras. 93- United eissr Stores. 1'nlted Clgir Stores pref 112, - United PrtiOt-Shsrinj nsitr 34 World Ktlm 4 Yukon Qold S Yukon ANOTHER CANADIAN LOAN NBW TOHK. rH. 1T.-A loan ef 12,500.000 for threa years and bsarlnx Isterssl at the itlim t per tft. hiibtn.liMi..bm! akatbatt. 7ls msliM IWJI WJ) of "cinaiHaa 1mm fitttld in New TMS fcs r ben. STOCKS STAGNANT; LOCAL BONDS ACTIVE Rapid Transit Heavy ; Cambria Scrip in Demand Talk of Lower Money Rates. Weakness In United Stntea Steel and Home of tho other nrbltrnge lesucs only moderately nffected the purely local atocks on tho Philadelphia Exchange to day. Falrmount Park Transportation con tinued to be offered for sale. It wag an nounced that 24,600 shares of tho 40,000 outstanding hAd been deposited In favor of the reorganization plan. This estab lishes a majority, but additional deposits will bo accepted by tho committee until Fobiuary 13. As the day progressed, business contin ued to contract. Cambria Steel declined a point on sales of several small lots, whllo Electric Storage Battery fell a almllnr amount on tho exchange of "0 shares. Philadelphia Company Scrip of 1913 sold at SO and 1016 at 90. A 12H cents dividend wan declared by the Tonopah Belmont Company, and the stock hard ened fractionally. The rate was reduced f i om 25 to 12i cents quarterly In January. In the flnal dealings Itnpld Transit cer tiorates sagged below 10 for the first time, mid Philadelphia Electric also re acted. American Itailways preforred felt .Hi. The close was dull nnd heavy. Bond dealings ngnln ovcrshndowed tho trading In stocks, Besides heavy trans actions In Cnmbrli Steel scrip, a block pf $25,000 Philadelphia city 4s sold at 100H. Other active Issues wero Pennsylvania is, American Gas and Electric Cs, Spanish American Iron 6s and United Itailways s. Settlement was made todny for the Pennsylvania Railroad 119,000,000 i per cent, consolidated mortgage bonds. Kuhn, Loeb A Co. gavo the company n slnglo check for the amount at par. This Is tho largest check ever drawn for a similar operation, and tho money will be de posited in various banks so that Phila delphia subscribers or participants In the underwriting mny pny for the Bame In Now York fundB without disturbing fno money situation. Under the agreement between the bankers and tho railroad, whereby the hitter will share In any not prollts of the syndlcnte over nnd nbovo 2V& per cent., an additional sum will be paid to tho Pennsylvania na soon us expenses of tho syndicate tiro all met. 'rh s ninount Is expected to bo between $200,000 and 2G0,0O0. Tho money market hero remains very Innctlve. Commerclnl paper Is ruling around I per cent., whllo call money Is offered at 4 per cent., without finding any demand. This Is a disappointment to tho banks, as It had been hoped that the reduction would enliven the market. There Is ovnn some talk of a further cut to S',s per cent., but thero would be very llttlo In It for the banks at such a low figure. Tne last time tho rate was as low us 3Va per cent, was In January, 1912. That figure prevailed until August, when It advanced to 4 per cent. Local Half-hourly Sales 10 to 10:30 A. M. CO Penna R2 200 U S Steel.... 42 a do :-'1 i I'enna o. i-io SO 1J s Steel A Penna .. . no do . . 42Tk .. 72(1 Loh Nav 40 Itcad 2d ptd. .7) do 21 U S Steel.... 5214 in do R2 n2. in Fnlrm Pk Tr. 3-1(1 4 renna 15 do Vt 1 do. 3 Penna, S- 3-1(1 BONDS. ITK1 Cam Steel acrlp 1H17 , 10(10 Spanish Am I 8 (is 23 Cam Steel scrip liU7 JOCU Cam Steel ecrtn "17 230 Cam titeel scrip 1!H7 :i Com Steol crli 1017 187 Cam Steel acrlp 1!II7 , 12.', Cum steel ;rlp 1!M7 :i Cam Steel acrlp 1010 2"10l Spanish Am I S Ol 1000 Amor Claa & Elec 3a noil l'hllu Co acrlp IMS lurio Anicr Uaa & Glee " 31 Com Steel acrlp 1017 1000 I.ch Valley coal 3s 10:30 to 11 A. M. .53' ... 07 ...101 ... 117 ... U7 ... D7 ... 117 ...07 ... t'7 ...07 ...101 ... M14 ... V) ... M ... 117 ...104V4 100 U S Steel. 42?i B rtcndlnB ... 1V, 10O Phlta IITIC. iu iwi I'nua .ieo. . ECO U 3 Steel Itecl 42U 7 do 24H 421? 23 U S Steel.... 41M 21 70 U O I S2V4 11) do. . 100 Brie 100 do BONDS. 100(1 Union llwys t e 43.... 41 Cam Steel acrlp 1017... (12 Cum Steel acrlp 1U17... 13 Cam Steel acrlp 1017... .11 Cam Steel acrlp 11117... :il Cam steel i-crlp 1017... 40 Phlla Co acrlp lots 23 Cam Steel a:rlp 1017... 73i :::::S? 07 07 117 Srt 07 11 to 11:30 A.M. IN) Keystone, Tol. !i S Penna &2 5-10 11 Cam Iron.... 42 100 U S Steel.... I2W 20 Penna 32 7-18 2.T do 42(4 20 Halt & Ohio. (IS 10 do 4214 23 U a 1 S2!i IM) Am Copper... M 100 Phlla It T t 0 10 10 Heading 71i 100 Phlla Klec... 2IH BONDS. 23 Cam Steel scrip 1017 07 23 Cam Steel scrip 1017 07 17 Phlla Co scrip 1018 ,, 80 17 PhllR Co scrip 1017. on 23 Cam Steel scrip 10l7 07 11:30 A. M 10OUS Steel.... 42U 100 do 4214 100 South III))),. 13 IS Cam Steel.... 4-'l4 100 U S Steel.... 42 10O do 42J 12 Penna M 3.10 to 12 M. 20 Klec Storasa. 48 I Cam Steel.... 42U 10 do 421, 30 do. 42 40 U Q I... 23 U S Steel 10 u a 1... 82H S2V4 07 97 bo UU77 , 07 97 BONDS. 0 Cam Steel scrip 1017 , 843 Cam Steel scrip 1017 173 Phlla Co scrip 1018 2000 Penna cons 4s 1048 37 Cam Steel scrip 1017 , T Cam Steel scrip 1017 12ft Cam Steel scrip 1017 12 to 12:30 P. M. 23 Keystone Tel. US 100 Leh Nav t n. 7i 23 Leh Nav t e, lew a 1Yl 11 S Sleet 42U ft 3 Bald Lo pfd. 09H 60 Ton Mln...ai3-ltt 200 Tonopah Bel, 10 West Jar B S 4H 100 do. BONDS. ' 63 Cam Steel scrip 1917.., 133 Cam Steel scrip 1017.., UI Cam Steel scrip 1017.., 1Cxx llald-wln Loco 1st 0... 11413 Cam Steel scrip 1017... J ill Cam Steel scrip 101T... .. 07 .. 07 .. 07 ..101'i .. 07& .. OT .05 ,01) .27 .49 ?s 6 .BT ,3T .07 .as .ot ,01 .07 ,0 .30 .HI lM 'io or 12:30 to 1 P. M. 10 Tonopah Bel. 4 10 Phils. It 7 t e 10 60 do.;. 4 1.18 BONDS. SI Cam Steal serlp 101T 97 31 Cam Steel scrip 1D17. ,. 97 1006 Leh Nav con 4 (is., O0U 24000 city 4s 1041..'.,,.. 100(5 13 Cam Steel scrip 1916 07 12 Cam Steel scrip iota 97 2o 6am Steel acrlp 1017,... SCO Cam Bteel scrip 1317 1 to 1:30 P. M. 800 Fblla n T t c 10 100 Cam Iron.,,, 43 2c0 da. T U Q I 82K ft Ton Bel,,.,,4l-1 BONDS. 1000 Amer Oas A E4ej fts 8 1000 Elea & Peo Tr 4s,,,.,,.,.,..,,..,. 7754 1:30 to 2 P. M. 15 Phils Zlie... i SOPsnns,., 53 10 do 24K 10 Phil Else,., 2IH BONDS. 1ST York Rwyg pfd Krlp 181T,., 93 SU Cam Stltl scrip 10l7 , 91 2 to 2:30 P, M. do renna, on ,.w,ua ,,, US 44 u O I uvi 9 renna ,,,.,, 0 Phils BlteW BONDS. lOOO l4h Valley sen fti Ynrlf nwva E(d sy sen ins....,....,,,., w), vs vld. scrip 19lT . Mim naldwln fea '1st 6a .......103 za Lam meei scrip 1011. ,,.... i si 1ST Cam Steel scrip imi ,.... vi 2:30 to 3 P. SI. 100 U S Hts.l.... 2 .20 Phlla. 3so.,. 21U 1IWI Phlla K T t e 014 100 U S Steel.... ... ana loo 3o I... d tOO do li , .W allv SOU B titsel BONPS. 37B Cam fetsst scrip 191T .tr. ...... ...in Si IS CambrU tjmf sojlg 1917 ?..r.v.B:.tfi:..:;::::::: ?J ,, uu 2 Cam! lGWrea. 100 u sRei:::; as iw u trbuu:::: im ll) 1 I... .... M 10 .00. 42(1 K. PhllB. TTB... 71 ' l'Xl Am L'OODtr. . . &.I New York Bond Sales lllsh. U. ao. 1422?. !bnv .Sus 3j4t.,,.84H .84H jvw .iinK u Mint cv us.iibk Jpiio Ainer Cot Oil 6n twfj .JS?" Anier lei ill 4s 89 ;;.., Vi"7! "!" "P oe.,.. ni ,yv,. Armour lo 4V4S 2000 AtchUon aJl 4s 30UO do tv i IftM 51" Bli 2CCO do CV 4s 1000 04 ew do cv 69,1017 lotH lfiiKO Unit A Ch cv 4U 83 sow; nophu t'vii Hvi 4300 llslt A O 8n 3Ki.... t 210'') lllh HtAt 1d, R 1,a, 83'1 "vr ..no rra as ,, BS" 2imu Urunn a V N 4 M ,1'"" "rook lisp TY 8 1BIR.100 120000 Brook Un Elv 1st Be. 101 8SI4 tMli '"' -ai u m t-.iec Be V2 . JL1". c"!t -etfcr 1st As. . 98U 1-XX.0 Cent Pae 1st 4s 87 ..inn, wnes un cv 41JS.... ,1 jvw unes & Ohio fts.... ..101 .. 40S .. 61U . . 70 10.IJ1 40S 111 1" . 0314 i'w uni & Alton ails. . . 7000 Chi A East 111 Sa. . 2000 Chi lit West 4 120CO Chi B & CI joint 4s 05H 2000 Chi n ft q deb 8s.... 00' 2000 Cht lltu ,m ! ui ?i "I. 23SOOO C M & Bt P cv fts w I.100H 400(1 .hi Mil A m i n in. m ino 103i aiooo Chi Mil St P cp 8s.10.1Jl maw v;ni .Mil ft h r cv 4s, lto .1000 Chi Mil ft S P fd 4Vi- 89 1000 Chi Mil ft P P 4a aonoo chl It 1 ft P 4s 23 uxxi cm R I ft p col 4s. 24 B00O Chl R H B OBW .1000 Col ft South 1st 4j 8!)H "sooo con a cv e w 1 iu 2000 Del & Hud rM 4s n.U 2000 Del ft Hud 415s 100 21000 Den ft Rio (Tr 4s.... 78 SOOO Detroit United 4Us.... (W isooo nu Pont Pond 4Hs.... 87J4 flOoo Hrle eonv 4s scr A (IIS 40on Erie conv 4s ser tl M 1000 cienersl Motor Os lOtU 11100 Hud Co as B lmii 100O Hud Msn In Ps 2 2000 Iowa Cen rcf 4s 10B2. SU nono Tows, Central 4a BT toco ill Central rfd 4s.... 87 r.oon Insp Cop ov (is 1010.. OSH tnro tnsp Cop cv (is 100 r.OOO Interb Met 4Ja 7314 28001) lnterb 11 T ref Be OS. 440TO Inter Mer Mar 4Hs... ati 2000 Ind Alcohol fts nni4 8000 Jap Ocr sta 4t4s 77 inoo K C Ft S ft M 4,... 72W 4000 K C Ft S ft M Ka....f 1000 Kan City So 1st 3. . B8 1COO Kan City So r.a nt 2CX) Kenluckv Cent 4 sn 2000 Ijirka Steel Bs 1030. . 70t4 Woo l.ako Shore Ken .T,is. S3 inroo l.k Sh deb 4s 1031.... WA aoco l.ex C ft Nav 4Hs... n7H .ifioo Lis ft M T 6s lnoii 2000 I.orlllard Ba 100 10'X) LoMllard 7s 123H loofl l.oulr ft Nnsh 4 03)4 1000 Lnu ft N At Kn 4s.. 8814 1000 MtX Pet Cn IU Bcr A. .100 2000 Mex Tot Co Bs 02 M 001. 20OO Minn ft 8t T. 4 M 2(1000 Mo Knn ft T 4s 7014 3000 Mil Knn ft T 2d 4 00 12000 Mont Power Bs 02U, 4000 Morris Essex 3Us 811, 40011 Mn Kan ft T oxt lis... 02 7000 Mo Pac cv Bs 44 1onn vise; T.V ft Ont Pow Bs UH 1.1O0O Not Tube Bs OS 1000 n V city 4s in:,7 nn -'-no re v citv 4n in.'.n nn 2(00 N Y Cly 4'is 1000. ...100 10OO N Y City 4H Nov "17.101 1000 N Y Oss II ft V 4s... 841t 1000 Now Orleans 4tAs 78 inoo N Y N II ft II (1 lot .inoo v Y Ont ft W 1st 4s.. 81 22O0O N Y Rwy adj fts 81 70"() N V Sdite 4s loni 100 21000 N Y Tel rcn 4ijs 08 moo y v c f- n 4i,s 0714 400O Nnrf ft W Poch 4s SS 21000 Vorf ft West ivt 4js.l0t r.VKK) Nor Pn" prior 4s nn Bunoo Nnr Pn" Ken "s 0314 nsn-n Ore Short I. ref 4 01 Bono ore Short 1, 1st lis. . .10s'. 10(10 Ont Powfr Bs Mil 21000 Oro ft Cnl Bs lOfi'i 8 00 Paclflo Tel Bs I17H .inooo Pmna O W f714 I4:.nn Penna cv 3'.;s loo. 83 B.114 inns iooi; 01 1M 88 88 Ml 101 nms noi; 01 ni 108H lout or.' : 0114 HTIfc 117', IV 07'. inn KM". rmi 05 low 02 114 14 nn 711,4 84 ooii nil ra 117 (12 nan Vn 071 8i 100 10114 10(1 ns lnnw 02 04K. MV. 7li 84 coy, BO 3(1 on 07 n? ir.'!i ino os 81 '4 07a, 8(1 7014 fid ona rm 2KTCO Prnnn 44s w 1 10414 r.nno ponio's Gns Bs... 100' "TOO I'hlla Co cv rs iiiiu. . 20On rtny Ton Coppor Cs.... 4000 Headlnir pen 4e lN0O nepuli Cuba Bm loot.. ;0"O nep lr & S Bs 1040... .W-00 Tllo Or Xt W rlt 4s... 7001 Po-k Islnn! 4s finnn nock Island rfd 4s... 1000 llo-k Island Bs 10 0 St I, I M & S Olf 4s.. inoo st I, IM S 0t 4s.. iroo si 1, s r ti leno St I, R- S V rfd 4s ta, ni 10014 03 04 sa 81 r,7U b14 31 in r.7 (12 Rl lrroo sebmnl . I. artl rn lOOO fi Car Ha 1st lis,. '.-.itfi ClAiitt. PaI1 r. ,ino os -oonn South 'nr cv. 4s...... 8l'4 r:inWI do rv ret f b Bs 101 1 H7H im cm! 4:tkvi Smith Pp r'd 4 8(1 85 . . i .. 80 .. 't . . 011 . . 01 .. R . . 70c, ..lfl"'. ..inn ..lonv. . . 051'. . . 8114 . , yen .. "11 ' .. 43 oenn sr.ut'i rne Term ns... -' i"- .14000 South llwv gen "s i.rt'4 (,'4 "noil South Ttwy con Bs 00 m "nm Tx To cv ns iyi m jrum TMnl ,Vve nw Is. 1CO"0 Third Ave dl Us. inoi 1 S Pilhber (Is.. 7!I.', m-i4 iooi; inoi; P4t; SOU ?vt'l 4-1', 4BH limn 07U Iftiii 2.1 loo n rut BVI Rn4 70H 10214 1I10T4 10 '"I rn'4 8--14 ?v. ji4 43 lmn", 0.8V. 10114 o 100 II ftA 8111 RHV4 .-,70"0 r s Steel ns BOO IT S f:eel reg Bs "WOO fnlor Pr.c 1st 4s.... porno l'ninn Pnc cv 4s nnui fnlon Par uir 4s.... r.ft.in fn rtw- R F 4a SIOOO t'tlca I.leht Bs ?n.xi Vn . P W enn 1st 4s, IBM) Va Hwy Bs mm v Midland gen Bs.., TOKO Wnbnsh 4s r.rv'O Wohssb 1st Bs ..... 5000 Wab.P Ter 1st ct 4s 4nnn West J-'d 1st 4a.. 1000 Weft Union cv 4s.., 11000 Wlscon rent gen 4s. 10014 0811 imvt 7.1 100 Pll 8.V4 SC.'i Total sales, $2,017,000, compared with J2.77S. 00 yesterday; this week, $0.7l)S,000; last week, $7,310,000. Sales in Philadelphia Yes. close. High. Lotv. Cloao, 2CO0 Amal Copper ion Amer fan 10 lUld I.00 pM. Ill Cam Iron 00 Cam Cleel 20 Klec Storage., , 200 Erie 13 Fair Para -it .j. 123 Key Tel Co.... 14H 3 Lehigh Nav.... 7(114 125 Leh Nav t c... 70)4 IS 1.eh Vsllev iwli 207 Penna II It. sir.1 i-niia ciec MO P It T tr ctfs . B I'hlla Trac 53 Heading HO do 2d pref ... ion P rtiillwav ... 3(15 Tonopah Helm., 50 Tono II 0 13-18 "il 11 O I 77 77 7114 7Hi 42li 4214 .. 1.1 l is &K 4 1-1 rt 4 4 1-1(1 R 13-18 13-ld (I M-in S214 I SI 824 18tl II S Steol .i 19 V Jcr & Seash 50 40'i Total sales. 5313 shares, compared with 5001 entree yesterday; this week, 18,841 shires; last week, 40,720 shares. noNDS. Idst prev.sala, High. 2000 Am a & El Bs. sou 100(1 Fsld Ii 1st Ba. .10114 25COO City 4. 1041... 10M Ml Cam St cp 1016 07 1HI31 Cam St scp 1017 07 1000 Lleo & P Tr. 4a 77K inoo I. Vnv ran 4Us. 00 f infji t Vnl rAl .ui.104U lntl lOuoo Pa rets 4Vf w f.lWH 101 17 I'hll Co scu 101 n 91 no 513 Phil Co SCO 1018 80 n..w r ivHa Am mla AT oI AtVMi finn.'Am Iran Afl.lfMI. 1 ICOO L Vftl g con ii vm ?5 J58 IfiT V n nr Mfr.n T?i i-1 'IT 93 Total sales. 171,434, compared with 183.027 yesterday; this week, 1283,400; last week, 203,493. Local Bid and Asked Today's Uld. Aektd 30V4 BOVi 100S4 41 42 48 4844 Yesterday's Mld.Aiked, 30V4 31 OHU 101 43Vi 41 48 48i so" Baldwin .... do prsf . ... Cam Steel ... Else Hlorssa an Asphalt Mi 85 y 'f.Hphons ........ 114 KU liK UK dito., " U Vfi ljJ Wl do pref , elli 04 63 tj 84 ao pre i ., Ou Ksy Mhlgh Nav .,..,,..,.. J5 77 7J 7JU do t 0 ,,,,.,.,. 76(i 77 78t 7H Lehish vaiiey':::.:.:. m m m Ionian c..,.,., 4 , jt -ttj do pref ...... 27 28 27 2S tut 62V1 214 52 7.16 ? a 82 :: xi rmns Phlla Eli Phlla Co, 24ft do prsf .............. .. rin cum pref.., Thlla R T gh 'do t c 0j Reading ...... K'n Ta Bel .,.,.., ,, 4 Ton Uln .. 0?4 Un Trac ;i., U fl I i U i Steal 42 Vork Rwy .. do prsf SlU 7 IS 184 'A '4 Jffi 8", fla' ev; M 83U 42W A if 82 ANNUA! MEETINGS 4244 42t 42 J AMERICAN VTIUTrea COMrANV 4T Chsitnut Street Plillodelnhls, The Annual Masting of ths Stockholders ths Alcai utilities Company sad Election for OfAtsra and pirectora to serve, th smulng sr, will fct bshj at th ofBes &s&mjip! inmnvp ., rnuaas;poi. M1LL1SB, Btcrttuy. .1 ,-ki n.t 27i 274 27 100 OOH 00-H Wi 4: 4: ,-r- - 43 4214 42 42 40 48 48 48 21'A 21W 21U n y, its liH 7114k 76K 7UK 7HV4 7(114 7(1, intir p,n7 Mill: .'..'? .: ;'.' o-w Din o n.u ai-a 24H t 2414 Wjp in in nx ni 77 77 72 71H 42U Low. Closa, Ml B5V4 eS 102 101 102 iooh looii loou 07 07 07 07W 07 07 77K 77 TTTfc 0014 SOU 0014 J. iniu miu t 104 1 ma 00 00 M 80 ,oIW ,oDIW U8tl OSU 11 B8 WAR SITUATION HITS GRAINS AT CHICAGO Proposed Blockades Take Heart Out of Market May Wheat Ends at $1.60. CHICAGO, III., Feb. 17.-A sensational Any with lower prices nnd n rnnso of nearly 6 cents In Mny nnd July developed on tho Board of Trndo today. The Im minence nf Germany's attempted blockndo of the Drltlsh Isles with the fenreil lose of ships nnd higher Insurance took all t'ne heart out of the trading. All grains closed lower. Mny wheat, Which closed yesterday nt 1.62, sold down to ;t.o? and closed at $1.00. July, which closed yesterday st tl.36?i, dropped to J1.C0U and closed at J1.32U. The comparatively stroll? close In both options was duo to reports Just before 10 o'clock of tho sale in Now York of 1,000,000 buehcls cash wheat for export The export domnnd In Chicago has been till all day. Other western markets were lower, corresponding with somewhat larger country offerings. May corn closed nt 75i, which was U4 cents under yesterday's close, and July ended at TOH. a loss of i cents, The low wns 't for May and "8 for July. Corn wns weak all day. Tho market has had n heavy undertone for dnys and lack of export demand caused the break. May oats, closing at SDH, lost 1 cent, and July, ending nt 55. lost l'l cents. The low wns G8 and 64. rcsnectlvelv The low was 2 to 2VS under Tuesday's fin ish. A pause In export demand nnd Inrger country offerings were tho bearish lli flucnccfl. Provisions wero low, pork losing 23 cents, and ot'ner hog products 10 cents. Mve stock market was demoralized by tho eastern quarntitlne. Leading futures ranged os follows: VtA.i4n vnei ipnn. man. May 1,113 l.tft July l.:in 1.30 Tjit. Clone. closo. 1.B7'i 1.00 1..TOKM.32V4 1.02J4 1.30V4 torn mew delivery) May a 7(1' 78 B.1 5T 7V0U 70 180 lo?'1 July . . Oats May , . , July ... t.ard May .. July .. Wbs May .., July .., Pork Mny , . July .. Uld. . 8014 0014 B0 153 .10.83 .10.02 10.83 10.02 10.2B 10.50 10 0O 10.40 10.72 ft 10.87 1 0.77 10.83 10.00 tu.oo 10.2.1 10,50 10.00 10.40 tAsked. 10.1.1 10.1.1 t10.27 10.37 10.40 10.32 18.77 'I8.82 ttO.10 10.17 ttO.25 jlO.50 RECESSIONS AT AUCTION Philadelphia Trust About Only Issue to Show Gain. Philadelphia Trust nnd Safe Deposit stock was about Too only Issue to show strength nt today's locul auction sales of securities. It advanced & points to 723. Itellance Insurance fell 6 points as did Hank of North America. Commonwealth Trust wna down 2U, Farmers' and Me chanics' Bank, IU, nnd Ileal Estate Trust preferred 2. West Bnd Trust declined 3, Colonial Trust 6 and Borgner ci'Engel Brewing if. SECURITIES AT AUCTION The following stocks nnd bonds were sold by Messrs. flames & Lorland, auctioneers, today: 10 shs T'hlln. Trust Safo Deposit and Insurance Co., par lilt) 72.1 7 shs. ltellanco Ins. Co., par 50 55 3 shs, Mt. Holly, I.umberton ond Medford P.. It. Co.. par J.10 0!?4 o shn. coinnioniveulth Title Ins, and Tnist Co., par liro 233 12.1 shs. IJeach Haven Construction Co.. par 150 BOO 1,000 shs. Eouthiveitcrn Coal unci Iron Co., par S3; lot 5C0 30 shs. American Sparklet Co, pref., .ar Ston; lot 3CO 12 shs. Anei'tsn Sparklet Co., com., r-ur 1HIO: lot too 23 slio. .Marconi Wlrclfis Telegraph Jo. of America, pref., par f .1. . . . 3U 120 Bhs. Marconi tireless Telegraph Co. of America, pref,, pnr f3. ... 2'i 41 shs. Long IJeach Turnpike Co., par s.-n H4 21,073 ths, bona Dora Mining Co., par fl; lot ....;., 300 2B she. Lonir Peach nulldlng and Loan Asso., flrst aeries; lot MOO 108 shs. Nike & Trodlo Co 1.1 (1 shs, Phlla. Ilourte, pref., rar '.'.V . jsti 4 shi. Phlla. Ilourse, com., par ,10. . B'i BO Aroplmlnk Country Club 811 2f0 sha. Bunret Mining and Develop. inent Co., par 1 (asseramenta paid to Sept. in. 10141: lot UOO 10 shs. American Identification Co., par IB: lot 300 500 shs. National Specialty Sales Co., Int 300 3,100 shs. rjoldfroB nisr C. Mining Co., ror ls oi 100 600 shs. Illsh nravlty United OH Co., par 1: lot 400 TOO shs United Water Power Co., par St! lot 200 33 sha. American Tin Plate Machlno and Mfg. Co.. par flOO; lot 100 50 shs Star Milk Cooler Co., par I0: lot t 1C0 50 shs. Fhore Klectrlc Light. Heat and Tower Co., par 10: lot...., 100 15,000 shs. I.eora. V Oold Mining Co., par t: lot 200 B,o03 ahs l'nlted Oil Producing Co., par fl; lot 100 12,500 shs. Nations) Consolidated Oil Co., com., par tl: lot 100 12,500 she. Nation' ronsilldated Oil Co., pref., pnr tl: lot ICO Dividend certificate of United Oil Produc ing Co., entitling- holler to 7.1 hires preferred stock, when Is sued, par 81: Int 100 FOIt OTI1EP. ACPOt'NTB. 1 sh. Ilsnk nf North Amer.. par ino.Cs.'U 10 shs. Farmers and Mechanics' Na 2? tional Bank, par 1C0 13411 10 shs. ftesl Tstats Trust Co., pref., rar I10O 80 "i 1 sh, West Knd Trust Co., psr 100..mi 2.1 sha. Colonial Trust Co., nar B0 Ot 43 shs, Merchants' Warehouse Co., par $100 100 S shs, Bergner A Rngel Brewing Co., pref.. par 100 TO g shs. United States Loan Society, of Philadelphia, par $10 10 4 shs, Mlno Hill R. R K.I g shs. Little Schuylkill R. R 54 $1,000 Reading Co., 4 per rrnt., Jersey Central, rollateral, April and Oc. toSer. registered, due l.1l. ...... 02 14 $2,000 Reading Co. and Philadelphia and Reading Coal and Iron Co.. 4 per cent., neneral rrortgage, Jan uary and July, registered, due lliOT ' 02 $3,000 American Rubber Peclalmlng Co., (1 per cent,, general mortgage, rourona February and August, due 1028 , 00 20 ahs. Philadelphia Ufa 10 DIVIDENDS DECLARED Federal Mining and Pmeltlng Company, lar quarterly preferred 1 pr cent., pi M.rA i,i to etock of record February 23. su iblt sya Central Jtlsslsslnpl Valley. Ktectrle Proper ties, regular quarterly $1,50 an preferred, ray able March 1 to stork of record February 18. American Oas Ccmnsny, quarterly of 1 per cent., payable March 1 o stock ef record VaVloiial Transit Company 50 cents quar terly, payable March IS to stock ot record February 27. lie&ainK wwtiiua'v i,ii j.ii,ii7 ur ni. on ltd rierivu, cikui, record March 23. 8 to atockhoiaers Tonomh Belmont Development Company 12U, rnts. payablo April 1 w atoek of record laren 15. , , , cents. Mrs.-ri k.-.m.i,m. t. M,,n.i. rAM, reeular T per cent, preferrsd, payable fn Quarterly Instalments of Hipper cant. each. The first instalment Is payable March 31 to stock of rscord March 10, Sound Investments tj Should appeal particularly to those who can least afford to take a risk. Usually through Inexperience they take tne greatest. We will at any time be pleased to consult with you, Frazier 6 Ga BANKERS 132 South 1 9th Street 0I1 ot an for st PHILADELPHIA MARKETS GRAIN AND FLOUR WIIEAT.-lteceltita.. 170.B40 bushels. Ths market was null and 2e. lower under essl'r retmrts from the Vet. Quoistlnns: Car lots, in export elevstor No, 2 rod... snot and. Fl- ..CoriN. rteceluta. 24.204 bushtM. .There yes Utile trading, and. with lower outelde dvl.-e in I rices declined Wtmo. Quotations! rsr m;n. (1 lflUTUI.- n. .1. '.J Hie. fflf lAta tnt. u.m Iri1 it fn lftCa tlon No. 1 yellow, new. -1iifl4c. 1 simmer yellfw. new, 82nn83e.i No. 3 yell?i.new. 7l)HM',o.t ssmule yeilow, new, 7314111014c.: nw cob. ner 70 oound. SlffRBc. . was llsht and the'marset was M.. lower, with hath, Kecelntr, a,770 hushcls.. nsmanu amnle onerincs. uuoiations Km O whit. wmrnnc.i siaminrd whllo. 01UOOIC; No. a white. Glnr.iur. nvi was cull and 3c. lower. VTt quote a In at M,22ttl.24 ner buihel. as to quality. export eleintnr. and at sl.ir.fil. 17 for small '0I,I.8ftjA?irr,?ce,ip1s? SUEfe -nd tt.im lbs. In sacks The market was dull and largely nominal,, quotations, per intl lbs., In wood: Winter elenr, 7ff7.23i So., stralsht. 7.85tt7.SOj do., patent, 7,B04r8j Kansas, straight, luta sncVs, sT,2.Vr7.fint do., patent, lute sacks, I7.B0 OS! spring, first, clear, (l.7Bff7: do., straight. S7JT.2B do., patent, I7.8.11JB! do., favorite brands, g.3Mr,n0i city mills, cholc and fancy patent, I8.238..10j elty mills, regular srado winter, clear. 7f7.2! do., slrnlfht, T.07.B0; do., patent, I7,ri0fl8. ItYR Fl.oun rold alcwly, but ruled steady under small supplies, W quote nearby and Western, In wood, nt 7O7.B0 per bbl sa to quality. i,u. uuinn. Mn .u uumi.it. ... PROVISIONS .Trado was oulet and larirolv of Jobbing character, but values ruled steady. Quotations: r-l... !.. In sets. smoked and alr.drleo, it. In !. mnlced. S.lfZ 2B920C.! Western beef. 2(1c. : do., city bef, knuckles and tenders, smnkeil and alr-drted, 27tT28c: do., Western bef, knuckles and tenders, smoked, 27T28c: beef hams. -1l.13; pork, family, 22.B0V23i hams, B . P. cured, loose, 13Utnitc: do., skinned, loose, 1254i312Hc. i do., do., smoked, 13liQi:l4c.i other hams, smoked, city cured, as to brand and average, 14(tl4Uc.; do., boiled, boneless. lOffSOc.; picnic shoulders. S. P. cured, loose, IDIJOUc: do., smoked. llSC12c: bellies, lr. pickle, according to brand nnd average, ctty cured, l.filSc. i do.. Western cured, 17018c; lard, Western, refined, tierces, llpllUc. : do., do., tubs, lllfll'tc. ; do., pure city, kettle rendered. In tierces, llWlUic; do., pure city, Itcttlo rendered, In tubs. llGtllle. REFINED SUGARS The market rulef firm, but there was little trsdlns. Quotations: Stsndnrd sranulntcd, fi.SOc. i flno sranulated, 8.7BC. : powdered, B.MK. ; confectioners' A, 0.05c, ; soft grades, 4.00E?3.uOc. DAIRY PRODUCTS lll'TTF.rt. ltuld steady under moderato of ferings nnd a fair demand for desirable stork. Quotations: Western. fresh. nolld.oncked. creamery, fancy, specials. 33c! oxtra, 31c: extra nrsts. SOc. : firsts. 28320c: seconds, 201 27c: ladle-packed, 213.3c, as to quality: nearby prints, fnncy, :Uc. : do., average, extra, ,13c. 1 do., firsts, 2fltt3lc.i do., seconds. 2(in2Sc; speclnl brands of prints lobblm? nt .lOHNIe. KOOS. Tlio mnrkct ruled Arm under mod erate, offerlnus nnd n good demand for do slrnbln slock. Quotations: In free cases, nirby, extras. 2flc per don.: nearby, firsts, S7.SO per standard cme: nearby, current r-c-lpls, S7.H.1 per ense; Western, extra firsts, J7.K0 per rnso: do., firsts, S7.03 per ct.se! Southern. I7.B097.(3 per coso. Knnry selected nndlcd fresh eggs were Jobbed at 31033c. per aos. CHTJESE. Thero was a good exnort do mand nnd the market ruled firm under light offering" Quotations: New York full cream, fall make, choice. 17'i17Wc.i do., do... fair to good. l(iVi1117e. : do.. current make. lOVtfl luvic, ; do., part skims. S13c. POULTRY I.1VB. There was a fair demand for rte slrablo stock and values were welt sustnlncd under mi'drrnto offerings. Quotations: Fowls, lBfflrte.: old roosters. llHllHc: chickens, soft mrotrd. l.lfflnc.: do., slnggy, 13T14c: turkeys 14ri7c; ducks. l(W17c: gce."o. l.tflTe.: guineas, an to quality, per pair. 4317.15c: pigeons, old. per pair. 22K23c. ; do., young. per rnlr 17J?18c. ... , , DRESSED. Suppllcc were small, but trado FINANCIAL BRIEFS According to the Iron Age tendencies In the next few weeks In finished steel prices will liavo an Importnnt bearlnc on better ment In general. The creeping Improve ment In volume Is being sustained nnd in eplte of the smull part contributed by rnll'oails nlnl. In fact, because of 't. the trade Is optimistic of the future. Pis Iron business has not enjoyed any largo snles, but It Is looking upward and not n little encouragement Is taken nniong merchant furnaces in the decided Improvement In machinery buitdjng circles. Ths Chicago Board of Trade. It is un derstood, Is considering tho establishment of W-cent margin calls. So far this week the Now Tork banks have l03t 13,330.000 to the Subtrensury. The Comptroller of the Currency hns iBsucd a charter to tho First Notional Hank of Cainbrook, Pn with capital ot $25,000. Exports Inst week totaled $51,186,130 nnd Imports $23,Sr.5,823. compared with $50,581. 100 ant' $22,1IG,8SO respectively for the weok of February 6. Cotton exports amounted to 2K.5K bales, making the total for tho last 10 weeks of 2,001,931 bales. The National Transit Comnany reduced Its quarterly dividend from 75 cents to M cents. The American Lend Pencil Company has filed a ctrtlllcato Increasing Its capital stock from Jl.000,000 to $3,000,000. Owing to lack of a quorum, directors of tho Lehigh Valley Railroad did not hold their regular monthly meeting today. Edward It. Btettlnlus was elected a di rector of the American Gns and Electric Company, succeeding A. V. Paige, de ceased. ' Tho Bangor Railway and Electric Com pani for 12 months reported a gross gain of 113.677. but net earnings showed a do cicaua of 115,0(0. At the annual meeting of the Charles Warner Company, Alfred D. Warner re tired as president, which offlce 'ne has rilled since 1WI, and his eldest son, Charles Warner, was elected to succeed him, Alfred D. Warner was elected chair man of the board of directors, a new position. Steel hoops have tieen advanced from 1 to J1.S0 per 100 pounds, Pittsburgh. Financial mathematicians have discov ered that on the basis of the old form and method of computing the surplus reserves of the banks that there is a deficit, both In New York and Philadelphia. It Is said that New Tork, on this basis, was over J6,000,Ooo below on Saturday and Philadel phia more than 3,000.000 below, with six banks above the old 25 per cent, require ment.. Adequate Return When the return upon an, investment satisfies the in vestor, it is, in one sense, adequate. It may be that, even though the investor is satisfied, the return is not adequate to the actual value of the property upon which it is based, be cause it is issued not only upon the actual property, but upon "good will, ''fran chise," "future earnings" and other intangible assets, Our offerings represent tangible value only capital equals actual cost They are .earning and yield, ing adequate returns. Our booklet defines ade quate returns. It is yours for the asking, Tha White Investing Company WALTER. WHETSTONE Philadelphia, Manager Morrl. SuiUIn. Pfctladelpliia, was slow and ericas ef fowls dscllR4 ,Htf, wuoiaiionv. rrrsp-iiueq iowis, 1 no rox, ory.picKen and arr-r?ekl. seieeted, r heavy. imy. . .. ... .& l -.-.- V wx. wowniw 1110 inn. . apiscv. do,, 3U lbs. apiece. HUntSc.l do.. I8'e,t at see. li'.tililfe.! do., under s lhs. ar.leea. Kle r- bbi., drypltked and aryrseVed, lyestern, 4B5 lbs. aclec. 18e,i do., .uo... Si im., 17C! io.. do., .1 lbs. and under. .Mi" Inc. Old roosters, dry-picked, 14c Breillat chickens, nearby, .tuef. lbs. apiece. 2JefElo,j ilo fair to good, 1ftj20e,t Western,. 1MC2 lb. apiece. 20022c: do., fair to food, . HSIJo. chickens, dryplcksd and dry-packed. In boxes, milk-fed. 31 lo 8 lbs. to dox., 10, 1 -io., 17 t 43 lbs. to rtoi., I8C.1 do., 43 to 47 lbs, to dot., lSe.l do., 48 Its. to dot., 20c 1 do.. CO lbs. nd over, .1 t corn.fed, 21 to 42 lbs. to doi. lfe.t 1I0., 41 lo 47 lbs. 10 dot.. 17e. t do., 48 Iba. to de., 10e.( do., 00 Ibi and over, 20r. Chtekehs, dry.pleked and dryraeked. In bbls., selected, heavy. IOC! Western, corn.fed,. Ibrf. na oi er. I8e.! do. do. 4 h. 17aiT(a. ". dp-. 814 lbs., lBHe.t do., do., Smt lbs., 141BC. TurUeya. dryplcksd and dry inked rnc. ncsrby, 22c 1 do., Western, 22c 1 fair to seen, 18tr20c.' old terns 10l20c, Ducks, fsney. In boxes, 17R18c do., ordinary to good, WglOs. Oeese, nearby, KCiWc! do., Western, IflfllJe. Squabs, per dot. white, weighing 1t to 12 lbs. per doi f4.fJHfB.4n; white, wslghlng n to 10 lb per Hex., l.2OW4.70cj da, do.. Its. rr rtos., 3,toa3.7(l do., do. T lbs. per dee.. W fl.2Bi do., do., SflBU lbs. per doi., I1Q2.40; ilatk and No. 2, rtOc.tJlt.BO. FRESn FRUITS The mnrket generally steady under modtrata offerings and a fair demand. Quotations! Apples. New York, rer bbl. Greening. ISO 2.B0: Klnr, 2ff2.7fl: York Imperial, .l.ffJ.BOi Hen Dsvls St ROtfl 'B: Spy. ft.7B02.Mi Bald win, tl,7.i02.Bn! other good eating varieties, JI.75H2 60' medium, fiel.BO: apples. Western, rer box, 7Bc.0M,2.1: apples. Delaware and rennsylvanls, rer hamper, BOffOOe.s lemons, rr bo. $2(12.75; oranges, Florida, per box, II.7Bff2.BO; tangerines, ITlorlda. per strap, Jl.5(Hr2.BO! grapefru t Florida, psr box. fig 2: pineapples, per crate Porto nleo. $2,MQ 11.50; Florida, I2SI-2.50: cranberries, fancy tat virletles, per bbl., f3.50lf4.B0: eranberrles. Jersy. per crate. i.vn73c.: peara. , Nsw Tork. Kleffer. per hi.',. Iff 2 J strawberries, Florida, per quart, 23f733c. VEGETABLES The market dull, with ample offerings sit MtJ tstshl H(1 It sa I'itlAfs.flAtia? YVfllf s fintK.' ... , . , ., ..m ---' ".'" .I"-JLa AJi"Z-sflii.- es. Quotation! -Pennsylvania, toes, ner DUn. I'rnnsyivaniR, wo.kj,i finm. 48WB3C.1 New York. trt nualltv. mm whltn rolslof. Jeraev. per oaiKtii rwent potatoes. Delaware, per hamper -Ijirsa, $1.2.131.7.1! medium. (107Sc.! sweet Mtttees, nssti-rn Shore, per bbl. No. l.i nft3.ni No. a, Sl.B0fll.7B: sweets. Jersey, per bbl. No. 1. M.2.1U3..-.0! No. 2, $2tf2.50: sweets. Jersey.-P' bosket, 7.1c.0$li onions, per bush.. onOOXe.; do., choice, per ,.100-nound bag. $1,151 do., medium, per lifl.lb. bag. $t; do., seconds, per lOO-lh, bag. 7.1c: cahhogo. Danish, rer ton. I10813' caulltlnwer. New York, rer crate, $1J 1.75; spinach, Norfolk, per bbl,, $1.5002: kala, Norfolk, per tbl.. noc.nil: lettuce. Florida, rer hnskel, ll.BOff.l.BO: beans. Florida, ner backet. l3,.vi; peas. Florida, per mhsi. $2.5ll(f4(' cggpisni, noriaa. ner . ooj, '"121 cucumbers. Florida, per 1 t. SlBOfllS: Forlda. per ca'rrl'r. $3f4.B0: beets. Vlorldaj ..aa L'l.,lrt. . ier piskqi. S',aav.i Cppcrs, I! beets, rlorldaj .. . nn U..nl.a. (inl. ,nn.a,na ITlAMft. nS rrUr-fancy. t2.B0S3.5O! choice. $l?2! celery. Florida, per crate. $l.2.v2! So.. New York, per bunch. n.Krscc. ; murhrooms, per 4-lb. bas ktt, 00c.$1.20: STOCKYARDS NOT A CARRIER WASIUNaTON. Feb. 17. Ths Interststs Commerce Commission held today that th Kansas City Stocks ards Company it not a common carrier nnd struck trom Its nles a. tariff filed hy the company which -would male a $2 shifting charge snd a 73-cent tracings charge per car axatnst the 14 trunk Tallredj in.. ntrrlnc Kniisns City. It was. held tha company Is a public utility and ent tied omy to a rental chnVge for lt tracks, whlch'wouia tariff. be mucn less man me- ,w .,. ..- German Gold to Denmark COPENHAGEN. Feb. 17. The National r.ank has received $2,500,0011 In gold from th aSrnian Imperial Rink to counteract the Dan-Ish-Ocrman exchange. The EI:ctr!c Bond and Share Company proposes to Increase Its capital stock from $10,000.0(0 to $16,OCOO00 through $3. 000.000 each of now preferred and com mon. This will be noted upon nt sptelal stockholders' meeting Immediately fot iov.lns annual session todny. Ths wool market opened In the West this week with 500.000 pounds sold at, U cents a pound. The annual report of the Pressed Steel Car Company for the year ending Ue comber 3t shows cross sales of H.S.090,, n decrease of $17,KC.270: net, ?S52.3il, de crease, S1.IS2.4C5. The bituminous coal tonnage' of the ending Hallway for the month of De cember was l,2SO,6t'J tons, a decrease of 253,611 from the previous year. FOREIGNERS S.OLD COTTON NUW YORK, Feb. 17 rorelin Interests n-ere lorce eellers at- the opening of the Cotton Kxchsnse today and the rrarket opened 'roia, S to 7 points lower. Houses with Southern connections and tomo of he local lonns .fur nished support, but under tho rressure of enmt panttlvcly ltcaiy offerings In a amall roarl.ef prices declined further after the call. Clo-.e. March .. May . . . . JulyL .... October December January Srot .... N.4U K.flf u.of 0.2l 8.M' H.M NEW YORK COFFJ3E MARKET NEW YOTlir, Feb, 17. The coffes market closed steady, with futurea 10 to 12 points, aboe last night' finals. Prices follow. Today's Today's Ysaterday ortenlnr. closing. closing March . , April ... May .... June .... AuEuit Heptember, O rtober November .-1.40 B.nO&B.(12 S.40HB.M b.so n.nsff.i.70 n,nS.)7S.7B B.77WS.7B 5.7200.83 B.fi04S.M .... ii.a-.jin.oi fl.oofln.OB ao8B7.oo fl..B7.0l '7)ilS7.0 7.00ft7.IO 7.12i7.14 llercmber 7.111)7.13 7.10B7.21 Toial aalee, 31,000 baas. Did. Bond Secured 6 Notes Due May 1st, 1917 of the Consumers Power Company of Minnesota Amount Amount Autaerlrcd IJM.S0 Outstanding ff.MMO' We offer the unsold bal ance of the outstanding notes and recommend them especially for se curity. The Company operates electric Hunt, poer, and other public utilities in more than fifty piaccs, in cludinK St. Taul and Min neapolis. The Security consists of general mortgage- bonds deposited with the Guars anty Trust Company of New York as Trustee. Earnings as officially re ported exceed fifteen tirnes the note interest charges, and incensed 10 gross and i7feitoet within the last year. Price to Yield 6H7 PeseHjiKvf ctrouJar tH aHnllis William?.BontinglitecC.,Ii, MORRI3 W. STROUD, Jr. Maiwjer sr cwestxut hthshtv Sfet2ualabB V saSssspsBerss pajBT Now Toil iWW IWMM a R Yes, c lone. Upon. High. Low. S.BO S.4.1 8.4.1 X.40 !.... S.77 8.72 K.72 X.H 8.0 1 8,00 H.OO R.R2 . . .. i. lit IU!4 11.16 0.07 ... O.SR 0.28 0JI2 0.2J . .. n.38 . .. .T .... 8.BB MWflS.B3 .arrtx.M 5.70tfB,Tl aKten.g4 S.S0fln.Wl aoitJe.w 7,0lfl7.Ofl 7.0.8741