Ids,
.SHARP DROP IN ALL GRAINS AT CHICAGO MORE GOLD IMPORTS-STOCK MARKET STRONG
U
EVENING LEDGEB PHILADELPHIA, FRIDAY, FEBRUARY 26, 1915.
Hi
u
KS STRONGER IN
NEW YORK MARKET
fConttaued Covering of Shorts
and Little supply Uauses
f Advances Throughout List.
.tntC TOIIK. Fee. Z6. Tho Stock
2,rket opened strong today, and ad-
nc8 were general throughout the list.
ffi Hun was causca ny tno continued
KrtTrinflf of shorts and by tho fact that
'it the market prices, thus causing active
ujainr Among traders. There was a
ffnmJerate volume of activity In tho early
paint. Around midday, however, thoro
win a slight reaction from tho high of
ilia morning on some supply of stocks.
that the downward Bwlng was not
i.-.tnnA nnnnr.li tn rnrrv nrlpna knlnw
Fhi final of yesterday, or even to that
Mure, and prices were, as a rule, a good
i.4 fraction higher. This condition re-
rhmined In force until tho close.
feffaders wore disposed to consider the
Kititructlon of the outer fortB of tho Dar-
osfleiles as very favorable to the Allies
Mid as a duii umunicni. on ino maract.
Jn many quarters it wan rogaraeu as mo
jttOlv cneeruiK hbwh uum u, mucit maritct
Mini or view in muiiy uiijn, men, too,
ii4ro was a moro optimistic fecllnc In
Winy lnfluentlol quarters regarding tho
BilrieBS outlook.
jjFor a Unw today traders turned their
sltention from the stock market to tho
Bhlat market at Chicago, where there
va a snarp arop in prices or nil cereals,
tat principally In May wheat. Tho onnn.
ng price for this month was 2H cents be
low the final of yesterday, and on heavy
liquidating sales tho price flagged off 8H
tints to 1.'4 from the final of yestcr
otr. July followed tho downward swim:
tcfMsy. but tho losses In this month were
(not so large. There was a recovery In
the afternoon.
t'The drop In wheat was n perfectly
natural result of tho destruction of tho
uter forts of tho Dardanelles, as this
will release millions or bushels of itim.
clan wheat, which has been lying In want
of a market, and this will bo takon as
toon as It Is placed on tho market, thus
cutting down tho export demand for our
itthcat. It Is reported that 10,000,000
Illinois will be sent through Immediately
the Dardanelles are opened, should tho
Allies bo successful In reducing and cap
turing me inner rorts, ana It Is safe
to say that moro wtll follow.
iiAi has been generally oxDcctetl rnr
some time past, In vlow of tho weakness
in mo roreign exenange market, It wns
tnnounced today that 13,450,000 of gold
Bead been engaged for shipment from
Ottawa to Now York for tho account of
us Bonn 01 jsngiana. This had tho
'effect of steadying the foreign exchanirn
market, but rates were Uttlo changed,
'although In somo classes of exchange
ttv European countries rates were a
fraction higher.
New York Stock Sales
AmSue.it
AmTel&Tcl
Am Tobacco ,, ,
Am Writ Paper, prof.
Anaconda Copper ...
Atchison
Haldwin joco
At.il-. r5M tti 't . Hth. Low. Close.
a i ,dM,M "' 28 28li 28 28
n oepr" "' r am r,2H
Am n,.Vlp5I ';"" 3751 ?M 37H ?SH
Am Brake Shoe prof .,,135 134H 134H 13i
Amti? ,tMpwf 26H 2fl! 24 H KM
aStL"".i 26, 2B5 25 25K
Am Lncomotlra 20H 21 21 21
AmerSnulTprcf 100 mm 104M IP4'
10W 1P2M 101IJ 102W
llMf IlHJi llft! 118K
22 IK 224 223f 2245 J
7888
25H 25U 2B 25
94
Ti.tj-i. ".::: .?"'i
'(. Ohio nii
Batopilas illnlne f
t'(th Sleel B4
RrcoMjn napid Transit S0J mi 60M hOH
rl forn a Pot 18 I8f 18 18)f
CallfornaPctpref .... 62 mi fil 51
rCTflC.i Ifi0! I57H 1B6' lfi7
Cchtral Leather pref ..10 10IM 10I)f 101
Chps-Ohlo 40 404 40 40
Chic Mil A St P RAU an q.iu BAit
Chicago, It Isl A Pac. . . 21H
Cont Cnnpref 02
Cuban Am Sucar 42
Den &III0O prcf .... i 10 10 10
112K 112W 112M 1125-i
20! 21H 2()'f 20
aa,"5 33S 33 Jf
173 175 173
W7I 107J 107
13B)j 130 H 130
M) 87l
04 0tf
04M f)4H Pt!(
30 28)( 30
00 00 00
Oiii 04 H C5H
H H M
54M 53 M 54" i
124
21
00U
4')
124
10
00U
40
124
19K
0051
40
Detroit Kdlson,...
Krie
Hrlo 1st rrcf
Clon Chem
GcnChcm pref ...
Cleneral rieclrlc .
GeneralMotor kOH
uenerai Aioior prcr ... U4
New York Bond Sales
High. Low,
iSOW Albany & Sub 3Us St
.1000 Amer Agr 101M
ww Amer Cot Oil 4i xooU
.midi
v
iwii, .1111
t 4s. . 01U
MiW
i b.1
4s... 80k
.1000 Amer Hlda Ai I. Ha
'1K0O Amer Tel clt -Is...
13000 Amer Tol cvt 4V6.... U7
ivwArnDur v:o -IMS....... Ul
, HVV d.V...BU., BUI l.K Ol
B 13300 AtctiUon cv 4s 1S3... 1)1
ivw Aicnuon cv &g im, .mi
iuw Aiian uo iine 1st -la
ow uait & unto -lit,..
wow uait & un cv ihkB
mWW U&O P LK&WV 4s... 80A
1fWV 1T-I.1 . -T .,..'
(vuv -uaiu iiUu 1, . ,lll
MOW Beth Steol rfd Da 87W
VW" WUIk VAlJT iBfc J9. . . , a J.UW
uwv urooKn up it as luia.
w teni ijetn isi os.,..
fttfV) fn Dnlfln IUn
f ' T1000 Cent Pac Ut Ifll.!!!
two unea & unto cv 4Vi3.
'2000 do Os .....,,,,
3)00 Chi & Alton 3Hs
.1000 Chi (it WMt 4
fiSffl cm & Nwn 3H
ww -nt u w joinc 48, ..
"UAAJ Lfil 11 rt- LI III -IS.
IMW C M & St P cv 5s w 1.10014
(1000 do cv 4a rt
jomi uo . my,
(OCO Chi Jl I Xr Pr.nl J "ill
fSCOO C St P SI 4 O dob fis. 21
G0Oo Chi n ii r mm
iftrtfV- i a r. .l ... . " .'
r.w ,ui u oouin isc 4s..,. oo
t iww ton uas crmwl
-,uuu uei id Hua rfd in.
W-T? fcii . ur -l-(-l.... Ol
BIW0 JAtrolt United 4fis.. T2V4
B-JOWDls Becur Corp Bs.... ,115
P.W00 Pu Pont Powder 4Ws.. 8T
j "vw Mia V.WI1V -IS HOr A.. WO
i IW An nv Is ser D. . . . K.1V1
f gOOO flo4theit4s 100??
h 80OO An Hrl .-, a. . . 1K
IjJOOnaen Elco deb Bs 102
.StJUfl llltll lnn In Ki "T1.
iS& Inllana 111 4s SBl
OT'il Chi it 5s : nnit
MOOlnsp Con cv fls 100
SSSint"D ' 4s 7414
iTOCOInlerb II T rcf Bs.... OS
'! Intem! Paper 0s loo
wo ma Alcohol Bs no's
LnOtx) .Inn nw rin J1' -.K
J.60OO Japaneso new 4Kb.,..' 80
'!5KKan "y S S
'MOO I.lt Rh I rlh J. mil ln
f ! Lorlllord Bs nn
t IKS f -o1 Nsh 09 .107
:5SS2!u,.&.ah 4s ntw
'((ICO Minn & fat I, 48 ...... B.W
luoo Mo Pac 4s 4.V
aGOD Mn Par -v Ka . J-;'
IJOQO do J 110
I MCQ Morris Essex 3Ka ... 81H
SlOftiNat Tube Bs OS
Close.
81 81
loll'. 301V4
lOOli lOOil
lOUa lutii
S7. NSK
5 075
0O-4
814
lot
ni;;
J4 8'ti
til WJjJ
101
87W
100
uyy.
hi s?i
07
U0SI
SI1.
01
101
01
'J
81)
101
87
100
08'
88'
onvi
70?f
101
:io
Gil
80
Wis
04
lOOJi
100
00
$''
21
S".3
IU
BHi
87
Oil
100-S
08
102
27W
8.V5
nn
ni
74 4
100
0014
7S
so
10'l
88U
8.1
nii
107
noji
5iH
us
. . , . OO Ml Ml
I....112U lllji 111
.... 4.1U 43 45V5
.... 8lCi 81i 81 1
llSSSS i C Hu- Bs W I.HMJ4 101?4
Hf y Cly 4 low .... ong nd
NJN II & II Oa ..ln2( 101 ,
IS J Y Itwy ret 4s 72 72
riYxi a l wt aoj as bi?i
2iS gorf & West cvt 4s.J0l
5?XSSor ,pc Pr,0r 4s.,... 8!U4
J'g Nor Pae gen 3s 02$
I4SS2 j!cino ti si .,;;::: : ova
K22 U,nna 4Ub w i......-inw
cjvw rra liasi ISC 4S,... IK)
ll(mi f,uu"'!,iir,v N J Bs.... 88U
I nXXJ Itav Cnn rnnna Aa 1AT1
IKS 801 I'nd 4s 82H
IKS J?00." I'lanrt rfd 4s,... OS
gJSg gt p & a V rfd 4s sta 02
IKSS i'aboard A L ad) Bs. 00
IJ252 Bh fao cv 4s:::::: so??
Imm b'iJ?... S LW
tfSxS?uth Rw cn Bs .... 1)0
r "w I,x I'ao 1 t Bs . . . , OS
S 3;;;::
" " o,rei as ....... ,,IW.
li?i
03
OS '
w
00
21
CO
KfXrti c, o. . " i.."'.
Ilfflrt) Tin on Pac l."4:'
ifKS! I!"!0" ''ao cv 4 ,,
Jn jlwyg S V 4s .,
imvr.x.wz"".'"'
HW Wltha., B f "
ISS2Sf,t Electrlo B ....jni"
ftik-f?1" 'P4. .S1D.000, compare4 with
KtUflAn, ?". thus Jar this week.
.. v... iuu last wvfK, 9U.PIVUU.
BANK ni:rcAmvr!Q
Blflk I.M ..j... ...
rssoaain "5v.. .."?" COI"ir wiin corre
e -- B ".tyu ye
now
lot
smi
"2',4
80
100
0711
88
1011,
ins
01H
04
82
"Mi
80
B2i
W)
OB'S
02t(
i
8D.7K
70
102(4
ion
Kir.
Mi
snij
ai
47
BA
no
2-1
20
lot
BU
0015
vu
8Ufi
70)s
101
30
00
SO
05
lit
100
loon
on
8SU
0IH4
72 tw
mil
87
nil
aiy.
ioo45
08
102
27Vj
831J
Oil
ion
74
M'fc
100
7B
Rll
1011
88t;
10
10T
MM
iij
4S
4BH
on
84U
08
loi jl
iw(?
101 fj
72
.viy.
SB
81
100
H7i
KVllS
OT
89
loii-i
10B
111 '-4
82
iH4
112
&$
?JI
11IS
H
01
OS
8li
80
72
185
88
(13
47
&
2t
00
20
tot
04 ?4
no
nooanch Co 31 mjf
Ooodrlch Co prcf OOW 07
Clrcnt Northern prcf ..1'3H 1''
Great Northern Oro ... 30 3lJi
Intcrboro-Mct 11U 12
Inlerhnto-Mctpref .... C5 IQH
IntPump prcf
Inspiration (Jons 18H lb,!i
T.ehlch Valley 131 132U
Loose-Wiles lilscult ... 18 18
Mackcy Co prof 05 0iM
JIniuclI Motors ?3H ,-Vi
Maxwell Motors 1st prof 01 Ci2i
Maxwell Motor 2nd prof 24Vi VliM
37if
31
00!f
ai
176
107k
130
E0
0M
31M
00'.
113f 114
30K 30)1
Hit 12
C5H r&H
7 7H
1RW ISM
l.im 132
18 18
05Ji OMi
f8W
1MH
11
31
12H
SO
121?i
Minn & St L prcf 38
MStP&S SM 100
Mexican Petroleum .. CGK
Miami Copper 10! j
MoKanA Tex 10J1
Mo Kan & Tex prcf ... SOW
Missouri Pacific 10H
Montana Power 487?
National Biscuit 118
Nat Lead pref 100
NYAIrDrako 67Jf
NYNH & U 43,i
NY Central 82Ja
NYO&W 22K
Norfolk & West 101
NoPaclflc lOOtf
Pacific Mall 10H
Pcnna K.T;
Peoples Gas 117K 118
PittshurR Coal 2lf 20U
I'lUsourg uoal pror ... D2
Tressed fiteel Car 271J
Day Cons UMi
I'endlnir 42
Itcadlne 1st pref SO
KepubllcIron&St ... 10f
Dock Island M
Keck Island pref ..... ),
HumelyCo pref 4
Seaboard Air Line pref. 3:
23!f
01
24K
37U
24!f
02
25H
X7H
100K 10 M 10 H
07
18H
10K
31
114
40H
Sears Ilocbuck
tcurrn Pacific KI!S
Eouthcrn Hy 13U
Southern Ry pref 43
Stuilcliakcr 45
Tennessee Copper 2tlM
TexasCo ........124
ThlrdAvenue 45M
TolcdoStL&Wpref.. 8
Twin City It T 055
Union uas& Paper.... 5
07
184
10H
31
Mi
404
121'f 121f
1054 1054 1054
04 504 604
45!! 43' 454
834 814 824
22Jf 22U 224
100 004 094
1014 1004 101
10 10 10
1044 1044 1044
IIS 118
20
02
274
104
142
80
1U
4
14
34
32
1)24
274
304
113
80
ill
4
14
34
324
20
024
274
164
1424
80
1U
H
14
34
32'
2004 2024 202 202
c24
14
43
40
274
127
48
74
054
64
1104
814
28
70
f.44
t'S
14
43
444
i74
1254
46
74
054
5
.s"!
14
43
444
274
127
474
74
054
54
1184 1104
814 814
274 274
604 70
54 544
.1014 1014 1014 1014
. 414 424 414 42
.1034 1034 1034 1034
Union Pacific 118
Union Pacific pref .... 814
Union Pnclficwar 27lf
USExprcss 05
UK Ilutiber 634
US Rubber 1st pre!
US fated
UBBtcclnref
United Clear Mfe 454 45 45 45
Utah Copper 504 514 504 514
Va-CarChem 194 204 204 204
Western Union (2 124 b2 1)24
Westinchouss Electric. 064 C04 054 054
West Maryland 104 104 104 104
Wells Farso 824 Sl'i 84 84
Wooiworth pref 1174 1174 1174 1174
Total sales today 171.C00 shares, compared
with 145.746 shares yesterday; thus far this
week 881. 27 shares; same period last week
802,415 shares.
Quoted cx-dtvldond In New York today:
(Southern l'aclllc. lVi oer cent . Oenrral ..Elec
tric, 2 per cent.; Norfolk and Western, llj per
cent.; Amerlcun TelcKranh and Cable. IV, per
rent.: Urlo and IMttsburK Hallway. 1U uer
cent.! Eastman Kodak Company of New Jer
sey. 2V4 and 214 per cont. ox.. Eastman Kod.ik
preferred. 1'4 per rem.; Diamond Match Com
pany. 1V4 and 1 per cent, ex.; American Coal
Company, i per cent.
Local Bid and Asked
Ii.ilr1u.ln. 28
do pref WJ4
Cambria Steel 41!3
Wectria Storage 48
General Asphalt
do pref
14
02H
Keystone Tel
do pref
T.nltA Hunerlar Corn
Lehigh Nav 71j;
do t 0 74',l
T sHIlrh Vnllpv .. . ..
I.ehlgh Valley Tr VM
do pref SOK
do pref 2l'J 2TJ4 20
PennsPy"yanW r,2'2 raS M
Phlla Elec SJ. 2,!i -I
1015.
1014
di
55?:rfc
.0S4,fll I2SBtfS.600
J5.Sf3"."
206.301,400
reji J2,l78.4
2T,ll7t.H14
310,817.5115
flO,7l.40(l
11.003.093
101ft.
JM. 137,81 3
27.2aS,2iW
338.42S,77
B,VI8ir4
1S.4S1.0IW
RATES FOR MONEY
Time.
?
.?C
Zf... . . trail.
wMipnja ,. 3w-a,
-. : 2
?n : s fUllL n-'Siiil
w - . .....;; ZuSim 4 Si
SW.Pflf,,: 3 U a months-. PMjiatl-
- w 4.. i-Ut,
FOnElfSN Pivrniwms i
ISLWgK. Teb. 2a,-Tt9 forslgn exchangs
-sh.. "T. m"""'i connnsa to sieriiiic a
ss t .." .! insvciuinauy lUBner. ni
vonunnti4 wre trosf. ptea toU
m tm
. s.ks
1 lucks
bs ,"
ka
t.SJ( S.27VI
S2S2V4,54
, , rot a.n
I'hlla Co
do prcr ....
do cum pref
I'hlla It T
ao 1 o
.ReartlnK ...
Tonopah Uel
Ton Mln ...
Un Trac ...
u u 1
U 8 Steel ,
York Itwy
ao pr
Today's Yesterday's
Did. Asked. Hid. Asked.
100
48V4
2U
tctv-i
14 VJ
03!5
u
75
7.1
11511
14
s
:i2
32
37
lo'4
7 Hi
0"j.
.SB
8J
4TW
32
:iu ,iu
O0'4 0U
42 41 i
tS'i 48
20
UM . .
14W 14
CIVS -)i
II
7S 74
75 74
14 1.1 Vi
H
Hi
as
:i7 ..
nti in 10
','........... 0I 10 0!J
nit in iA-11
.... 3',, 4 u
.... 8''l. ."., 8"..
' kl SJtl 8H1
.......... 41 42 41H
.;",..,., of? 7 ou
Germon Bank Statement
NBW YOnK, Feb. 20. The Imperial
IlanK ot Germany weekly statement
shows the following changes from the
previous week (In marks). Cash, Includ
ing Imperial and. loan bank notes and
notes of other banks In addition to coin
and bullion, Increased 70,516,OQO; gold In
creased SSJIP.WO; securities Increased 151,
000: discounts Increased 161.931,000: loans
decrensed 3,427,000; circulation decreased
2,051,000, deposits Increased 225,578,000.
Park Traction Reorganization
Letters were today sent out to stock
holders of the Falrmount Parkk Trans
portation who assented to the. reorgan
ization plan, calling for payment of the
second subscription Installment of U per
share by March J5, The first payment
of ,! waa made when the shares were
deposited.
The total amount to be subscribed was
fixed tentatively at first at J3-50 per
share, but as more stockholders assented
to the plan than anticipated, it has been
sliced down to about J2-95. and the re
maining 9fi cents probably will be cal!e4
by Heptembpr IB. On the 27th. 1T4 as
sentlng shares the company will receive
about ISQ.QOQ In subscriptions.
DIVIDENDS DECLARED
Paso Electrls Company, Quarter
w !
It 1WWI' . T
on common, pajauis rn
Kl
.. ahnr.
ttock ot record Miroo D.
Dank Currency Movement
NEW YOBK. Feb. 28. -Banks recIVJ .frjm
interior I3.0S8.000 nd sbjppid to l,jlK
1 IwW 'including Jj,Ke,()MrritiMl Mnk
Dotii seiii to Washington for rs4raptJo9. gJa
SSm tntirSV.ww &IMU10. f" ffij8ufc
tfeaaury operstton rropar was .- xi
ihU 'tk' uveraaot must be Ui!lu4i lft:
q EMiaa a ijv.
tmm umwa. t
ifhsa
inaku
was jcelvs.;
Ml
INTEREST HERE IS
CENTRED IN NEW YORK
Dealings Principally In Arbi
trage Stocks Public Service
Bonds Higher.
All local Interest today centred In the
action of the New York market, nnd the
trading, what there wns of It, was prin
cipally In nrbltrngo Btocks, Distinctly
local shares were stagnant, nnd there was
very little deirmml. The public still docs
not show a disposition to enter the mar
ket. Urokers In tho Street report that
there Is n better feeling throughout the
financial district, but no one cares to do
anything.
Attention, as far as stocks are con
cerned, centred In Steel common and
Pennsylvania shares, both being quoted
above tho final of yesterday. Their
strength was duo to tho higher prices In
the New York market. What little busi
ness there was today was about equally
divided between stocks and bonds. Trans
actions wero In odd lots.
The featuro of the bond division was
Public Service Corporation Gs, which
moved up .C0 to S8)i. whllo $1000 of Mar
net Street Elevnted is lost DO cents by sell
ing at 02W. City 4s of 1941 advanced B to
101 on tho sale of one $."00 bond. On tho
oalo of 20 of Lehigh Coal nnd Naviga
tion trUBt certificates tho prlco declined
to 74H. An odd lot of tho company's
stock sold at 74W. BO cents below tho last
nnln. Onn lot of 10 shares of Baldwin
preferred changed hands at 93W. down 60
cents.
Tho light on tho Taylor transit plans
continues to have very llttlo effect on
tho stock of tho Rapid Transit Company
and cry llttlo of It Is apparently on the
market. Five Bharea changed hands nt
10 today, oft H from tho final ot yester
day, Tho company's trust certificates
woro not traded In.
For tho first tlmo this week Philadel
phia Traction appeared on tho tope n few
minutes beforo tho close, 18 shares being
traded In at 77, unchanged from tho last
previous sale. Baldwin preferred sold oft
1 to 09. In the Now York market the
stock also lost a point, whllo tho com
mon. In Now York, on a fow sales broke
to 2Sls, a now low, but later recovered
to SO, off V, from yestorday's final. The
decline in tho stock was said to be duo
to unfavorable earnings.
United Gas sold at 82V4. With re
gard to tho rumors current In some
quarters of the street that the com
pany would cut a big melon ns tho re
sult of the ngrcement with tho Depart
ment of Justice to reorganize tho bUBl
neBS of sovoral of Its small subsidiary
companies, it wna pointed out that the
chances of action of this sort at this
tlmo Is remote, Inasmuch as It would
have to be advertised two months be
fore tho annual meeting of the stock
holders, As tho meeting occurs very soon
there would not be tlmo to advertise such
action.
BasRswanssBSBBBBBsHsBtft 9bbbbbi
"MmSXI. wIbbbb.1
fltBMBBBURBBBW JBBBS9
iMiiSffiKiSTOJHssmi. Mi
WILLIAM R. NICHOLSON
President of tho Land Titlo nnd
Trust Compnny. He has gone to
California on his annunl recrea
tion trip. Ho expects to return
about April 1.
Sales in Philadelphia
Tee. close.
10 Am Cor & Fdy. ..
25 .mal Cop
40 Bald Loco .... tOU
40 Hnld Loco pref.. 100
05 i;rlo
1 Oon Asp oref. .. reiVj
170 Ina Co N Am. . 21
120 Key Tel Co 11
2 do pref Ol
Si Lit Mro inV4
10 Lehlah Nav ... 75
20 Leh Tiav to.. 74
no Leh Vat Tran.. 14
S2 Mlnehlll ....... IB
273 I'cnna R ft ... B2H
20O I'hlla Elec .... 2.1V.
5 Phlla P.o Tr. . . . 10V4
28 Thlla Trac 77
2J1 ltiMrllnu 71
200 Tonopah Del .. 3",
High.
404
r
30 l
21
lit
14
(ii
10V.
v4
KFis
!o'
Low. Closo.
40V 40Vi
noil
Oil
21
jiin
il
3I1V4
111)
21
in;;
21
14
0.1
un;
Financial Briefs
f.xr itiir
MX
52',
2.15;
10
.V.0 Ton Mln
n;
jl'.K
71W
...mi iiia-in 011-10
Bi-i r.;.,Ls -4111
421', 41K
roi'4 iiit
1!I4,
52 li
2.TH
10
77
71'm
??
loar;
loo u a i
1100 U 8 Steel
10 do pref
Total sales. 3002 shares, compared with ."C07
shares yesterday: thus far this week, 10,100
shares; same period last week, .10,545 shares.
BONDS.
Last orev.salo. HIrIi. Low, Closo.
12011 Am o ft CIS.. HSU, soil
1007 Cam Stl scp 1017 0UW Olift
ouu uity 4s HHi. .. .aini? iul
3500 El & Peo Tr 4s. 7Si$
jniKj .-MarKet t Jji 48 im
4S. .
Tho total fuel shipments on tho Penn
sylvania lines cast of Pittsburgh In Jnn
uary amounted to 5,161,420 tons, a decrease
of 409,702 tons. Tho only Increase was in
anthracite.
The Fltchburg Railroad Is rofundlng Its
$1,359,000 4 per cont, bonds, duo March 1,
by nn Issue of one year coupon notes,
bearing Interest nt 6 per cent. Holders
of maturing bonds should communicate
with Oeorgo O. Foster, treasurer of tho
Fltchburg Ttallroad, or Henry B. Day,
chairman of tho Flnanco Committee of
tho Boston nnd Matuo Ilallroad,
New York banks lost tl.416.000 to tho
Subtreasury yesterday nnd since last Frl
duy have lost (l,4SS,000.
The Studcbakcr Corporation for tho
year ended December 31 shows Burplus
avalloblo for common dividend J1,572,91B,
an Increase of J2,5C0,37S.
At tho annual meeting of tho Southern
Bi'Il Tclephono and Telegraph Company,
N, C. Kingsbury was elected a director,
succeeding 11. B. Thayer. Officers wero
re-elected.
Chicago will soon advertlso $2,500,000
bond snlo to partially reimburse Its trac
tion fund for withdrawals against tax
anticipation warrants for corporato ex
penses. At the annual meeting of Koystono
Watch Case Company held today retir
ing directors were re-elected. Tho stock
holders approved the sale of certain of
the company's properties at 'Newark,
N. J.
For tho year ending December 31 the
United Hallways of St. Louis reported
gross earnings of $12,450,023, a decrease or
$251,720; not after taxes, $3.038,3S5, de
crease, $130,913; surplus after charges,
$505,010; decrease, $J90,9S9.
Tho following minimum price was es
tablished by tho New York Stock Ex-
chango Committee nt tho closo today, to
take effect tomorrow: Loose-Wiles DIs-
i cult second preferred, 70; National Rail
road or .Mexico tirst preferred, rree.
1100 Phlla Elec
Bo
1171 Phil Co scp 18...0O,
ll'W
Pa ret 4Ws w 1.10014
.'Kmo Pa cv :ivjs iiHn.iwi
1000 Pub Srv Crp 6a 87U
10OO ItdB Tm Bs rs. . .
Total sales, $20,748, compared with $71,207
yesterday; thus far this woek, $200.8:11; same
period last week. $425,0)0.
SOW
no
10.114
100
llill'4
85 85
1I0', 0U.j
101 101
70 70
7S(5 M
HO 00
ion, io.ns,
100 100
100V4 100U
Local Half-hourly Sales
10 to 10:30 A. M.
1 Reading ...,
170 Ins Co N A.
20 U B Steel...
6 Phlla It T. ,
4 Tcnna
3 do
1 Pcnna
So do
is v a I
60 U S Steel..,
10 do
7114 2 Ponna ....
21 100 U S Bteel.,
41 loo Phlla niec.
10 200 Ton Bel...,
52",, 10 U G I
B2' 20 U 3 Steel.,
B2'1( 2 Key Tel pr.
52K 100 U H Htrel..
82 40 Baldwin ..
100 Ton Mln,
. 4lS
BONUS,
52,,
41
2JS
82!4
OiJ
o l.-t-io
Mlnehlll 55
178 Cambria Steel scrip 1017 0iU
20 do 0flt
21 Philadelphia Co scrip 1018 H)
10 Cambria Steel scrip 1017 Ptm
87 do OW,
.1000 American Gas & Klectrlo 5s 85h
oi) Kloetrlo & People's Tr 4s HOty
roo City 4a 11)41 101
1000 Public Service Corn Bs SbJI
LOCAL TRADE CONDITIONS
10:30 to 11 A. M.
100 U S Steel.... 42
10 do 42
1 Reading 71
20 U S Steel. . . . 42U
20 Leh Nav t c. 74
100 do
100 do
100 do
20 Penna
10 U Q I
42
42
42
B2U
d;
02W
m
...... 00
sou
83;
in Reading 71 4 100 U H Steel.... 41H
100 U S Steel..., 42(1 10 do 42
100 do i-'A tf fenna 52',,
BONDS.
1000 Market St El 4a
80O0 Philadelphia Electric 4s...
.15 Philadelphia Co serin 1010.
750 Cambria Steel scrip 1017...
200 American CJaa & Electric 5s..
11 to 11:30 A. M.
B Penna, ,,62',, SOU O I.
0 do... , M'n 100 Reading
100 Key Tel H 101 do...
10 U H Steel pr.10.1U 40 U Q I
130 Penna 52
BONDS.
2 Cambria Steel scrip 1017 ,,. on
5000 Penna rets 4!',s w 1 ...lOITl
C0OO do 103',
. R2
U'iI
, 82
11:30 A. M. to 12 M.
100 U S Steel,,.. K WJ 8 Steel..., 41?,
100 do.,, 4tS 10 Key Tel,.,,,. 14
BUOI 82 100 Ton llln,,,,, oj;
BONDS.
31 Cambria Steel scrip 1017 00H
3000 Pennsylvania conv 3!s 1018, ,,100
12 to 12:30 P. M.
20 Leh Val Tr., 18 J den Asp pr., 63K
23 Penna B2' v n
BONDS.
1000 Philadelphia Electric 4s
HO do
78S
M
Improvement in Somo Branches; Out
look Brighter.
According to the weekly trade review
of R. G. Dun & Co. for Philadelphia
thero Is very llttlo chango In business
conditions In most'llncs. although somo
branches of trade show Improvement,
nnd th outlook gc-nernlly Is brighter.
Collections in the majority of lines are
reported as fair.
Tho market In iron and steel Ir re
ported to show alight Improvement and
the general situation Is considered some
what moru favorable. Railroads, how
ever, contlnuo to be light buyers, and
pig iron does not indicate any material
changes. Mills aro operating somewhat
moie extensively nnd buying of large ma
chine tools Is reported Increasing. Prices
aie ilrm and collections fair.
It Is reported In hardwnre circlets at
this time that there appears to be a
slight Improvement In business. Returns
for tho last week show an Increase over
tho preceding week; prices still remain
firm and from present Indications local
merchants are Inclined to think that, gen
erally speaking, business is on the In
crease. In the department of collections
no particular Improvement la noted at
this time.
Pig Iron Output Smaller
The bureau of statistics, of the Ameri
can Iron and Steel Institute, reports that
the total production of pig Iron In the
United States In 1914 was 23.332,244 tons,
compared with 30,900,152 tons In 1913, a
decrease of 7,633,908 tons, or 24.6 per cent.
The output last year also was 6,391,691
tons below that of 1912, 317,303 tons below
1911 and 3,971,323 less than 1910.
The output In the first six months of
1914 was 12,636,094 tons, or 1,739,944 tone
more than In the second half, and tho
production for the last half of 1913 and
the first six months of 1914 combined was
27,013.793 tons, or 3,681,649 more than for
the calendar year 1914.
Lehigh Valley Transit Earnings
The January statement of the Lehigh Valley
Transit Company. ImukI lata this afternoon,
showed on Increase of $0315 In operating reve
nue for the month. Operating expenses were
fiared down $2005 from the fame month of
ast year- Tho January earnings compare
with the same month ot the previous year aa
follows:
1015
$150,710
80.484
.:i50
67,882
.Brt:t
B7.74H
rev.,
dcp.
rea.
Jan, oper,
Oper. op,
'laxos .,
Oper, Income . .
Non-opr. Income
Cross Income . .
Int.. ren. & mis,,,,., so,av
Net Income ,, 11,630
Decrease.
1014 Incresae.
$141,174 $11,515
oi,n
8,445
Ml.hoo
0,500
01,118
62,702
8.417
4.Q1S
2,0115
0,002
(1,628
3,270
DROP AND RALLY IN
GRAINS ON WAR NEWS
PHILADELPHIA MARKETS
i .
Destruction of Outer Darda
nelles Forts Responsible for
Early Weakness in Chicago
CHICAGO, Feb. 2C.-Ncwa of the de
strtietlon of the outer forts of tho Darda
nelles caused a sharp drop In all grains
today nnd tho market was flooded with
selling orders. At the opening May wheat
showed a net loss of 2 cents nt $1.61, and
the price dropped quickly to $1.46, down
7H conts from the final of resterday.
July followed the downward course taken
by May, but the declines were not ns
largo. On supporting orders put out at
the low, May gradually recovered to
$1.4914 nnd July came back to $1.22?,.
with the Dardanelles open, Russia would
in a position to send out her large
bo
stock of wheat, and there would be little
demand nbrond for our grain. May closed
at $1.49U, off 41s conts, nnd July showed
a loss of 3 conts at tho end of tho day,
being quoted at $1.22ii. Other grains wero
also below tho final of yesterday.
With the Dardanelles open, the foreign
shipping situation and compctllon for
export from Argentine, traders do not
look for a deflntto trend of tho market
until theso tilings aro cleared up. Some
reports aro current to tho effect that
as much as 200,000,000 bushels of wheat
have been stored In Itussla slnco the be
ginning of tho war. Russia also has
largo rye, oats and barley crops and these
will nlso bo released, with tho corre
sponding bad effects on tho markets In
tho United States.
Tho outlook for corn In South Africa Is
excellent, and a vory largo yield Is ex
pected. At least 2,000,000 bushels Is avail
able for export. With general conditions
In France favorable, tho Government Is
assisting In the seeding of tho winter
wheat crop.
Tho exports of wheat from tho United
Stntcs this week, according to Hrad
strect's, amounted to 7,333,000 bushels;
last week, 10,227,000 bushels: last year, 2,
945,000 bushels; since July 1, 271,403,000
bushels; year ago 187,307,000 bushels.
Leading futures raiiRed as follown:
Test a's
n neat open, mmi,
May l.n 1.IH
July 1,2.1 1.23
GRAIN AND FLOUK
MHKAT. Itecelpls, 144,480 bushels. The
market Lroke 4c nnd cloted unsettled, Quo
tations, Car lots. In export eleiatorNo. 2
red, spot and February, $l.SO1.63i No. 2
red Western, tl.nsal.00 No, 1 northern Du
luth, Jt.Wfl 1.0.1. '
COItN. rtecelpts, 10,002 bushels. Demand
wna light nnd prices were fully lc. loiter.
Quotations- Cnr lots. In export elevator No.
2, spot and February, 71taJJ75t4c.i steamer,
7.14) 74c. i No, 3, 727.1c. Car lota for local
trade, as to location .No. 2 yellow, 70Vj7de.:
Mourner yeilo. 7nc: No. 8 vollow, 7Bc.s
No. 4 yellow. 74c.i sample yellow, 03ft7.'c,t
nS 22' "' 70 lbs., 7lff?Hle. . .
OAT8. Receipts, 81,121) bushels. The
market nns le. lower with little demand.
Quotations: No. 2 white, ittusmie. : standard
wn.l.,.1'..01W'02c.i No. fl whlto. Olflflrtc.,
IllK was dull and lower, We quote at
$t.lRC1.20 per bushel, ns to quality, In export
elevator and at tl.L1irl.13 for small lots of
no2,rJ,y.,tr,lln In hnas .
,. l'LOf It. necelpts. 1214 bhls. nnd 01B.7B0
lbs. In oacks. timers and sellers were opart
on prices nnd the nnrktt wan nominally 2.V.
per bbl. lower Quotations, per llti) lbs.. .In
Wood. Winter. rlp tfl ftlfflft ,?.'. rln.. strataht.
td.7347. tin., mlont. S7SI7 2V Kalians, straleht.
jule Backs, $0.73I?7. no., patent, Jute sacks. $i
FRESH FRUITS
. Trado was slow and prices generally favored
buyers) under inlrly liberal offerings. Quota'
Apples,- New York, per bbl,- flreenlng,
orK imperial.
..',0: Klne. I9H0 7,-.-
Den .Davis, tl..V)JTl.7Bi Spy,
otner rrooa
m
lav:
rutins: arl
tlous:
m
Ilaldwln. $1.7.VS2.oO
ties. tl.7,lfrV.M: medium, lltrl nil
ern. per Imx, 7.v.t7LI.l; apples. Delaware and
j-mnsyitania, per hamper, Mianucj lemons,
i.f.lS.i'.J'''''-1"' oranges, Ilorlds, per Bo.
t,,A,i",,u inngerires, i- oriaa, per
O2.n0: Kraterrult. Florida, tier lo
plneapplef, per crate, I'orto Itlco,
1 1
$1.75(12.1
inns' an
applee. West;
; gt
riorlda, $.( J,
strap
m$yiff:
nno nico. r zemn.
rrAfittrrrlfl. fnnfv lAts Vftrlstlns.
per bbl., tS.nOfl4.nOj cranberries, Jersey, per
wmio, xr,c.;
bbl., $lfl
?.1.1c.
nesrfv New York. KleRer. Per
stiawberrles, Florida, per qt., IS
VEGETABLES
uw,. uu., laicni, IV(
fr7 2B, aprine, first, clear, fo.r.ivao.ti.'l: do.,
trnlRhl, til.fsjjf, do., patent. t7a7.JO:, do ,
fmorlto brands, 7.nnnT.M, city mills, choice
J1V 1,4.1
Corn (now dellverv)
Mav 7U4
July 74
Oats
May nn
July 62t4
rjlrd
Slay 10 2.1
July 10.40
Hlbs-
Moy 0.8O
July 10.07
fork
May 17.30
July 17.57
liid. tAskcd.
Low. Closo, close.
1.40 Tl'4llXi l.r.1
1.20'.i U.22U '1.25H
-IV,
74
70H
71i
taw
oiJ
m :sa
nsi;
ta
nuoto nearby and Western. In ood, at
u i per nui
reit-
no.
We
$0.i..
10.27
10.47
P.85
10.10
I7.ar.
17.70
10.17
10.32
0.70
10.00
10 27 10t7
10 47 110.35
P.82 0.77
'10.12 flOOS
1(1.80 fl7.25
17.22 17.00
17.22
17. 85
LONDON STOCK MARKET
Buying of Speculative Issues for In
vestment Decreasing.
LONDON, Fob. 20. Dealings on the stock
exchnngo was small today. Fixed-term Issues
ahoncd the most Btrength. Buying of specu
lative Issues for Investment continued l to de
crease. The war loan was active. Brokers
reported that two-thirds of their orders wero
confined to gtlt-cdged and kindred securities.
Sentiment In Americans was cheerful on more
favorablo advice from Now York, but prlco
changes were narrow. Foreigners wero firm
because of tho progress of the Allied rleot
In the destruction of tho Dardanelles forts.
Home railways wero Irregular, but harder In
spots. There was a fresh advance In Argen
tine rails, but the amount of stock offered
was not large. Mexican Issuos were flat, be
cause of Carranza's levies on capital.
London N.Y.
close, i
'Amal Copper ...
Atchison
ran I'nclrio ....
Chcs & Ohio ....
Chi lt Woi ...
Chi M & Bt Paul
Denver & II Q .
Urio
do 1st pref . .
Ill Cent
Mo K & Texas ,
N Y Cent
Norfolk & West
N Y Ont & West
Penna
Heading
Bouth I'aclfto ..,
Union I'aciflo ...
Cx-dlvldend.
eauiv
Kiif. r.t ,
U7ij ii-ih a
102!i l.'.SlJ lk
41 304
11 10',
S7'.i 84H - (s
n
21 W 204i t4
34 32H
107 1(12
llltj Kl'i
80 R25J H
10J1 100 1
2JJ 21J1 t
73Vi 141 - J
81 S2i - 4J
11!1 UK'! '.
Decrease. Increase.
fln,1 tanrv nlpnl. vt rjvll .tr rlfv mills.
ulnr grades winter, clear, $l mi.75i
Brnlsht. t0.7r.t77: do., untent. J7ffl7.25.
ItVn n.OUH was dull and lower.
as to quality.
PROVISIONS
There was a fair Jobbing demand and values
of some descriptions wero slightly higher. , Quo
tations city beef. In sets, spioked nnd air
drled. 2.MK!0c: Western beef. In sets, smoked,
S5M2()e.i do., city beef, knuckles and tenders,
a.noked and alr-drled. 27ift28c; do.. WMtern
beef, knuckles and tenders, smoked, Hl-sc.',
beef hams. t31r32: pork, family, t2323.noi
hams. .8. I. cured, loose. LIUttlAHci do.,
skinned, loose, 12Hifrl2i)Jc, : do., do,, smoked,
LTWlUc.; other hams, smoked, city SH"lJ'
as to brand and average. 144J14HC.: do., Wost
ern cured. 14ffl4Wc, do. boiled, boneless.
2.124c, : ptcnlc shoulders. S, P. cured, looac,
10iiffllc, do., smokod. Iliffl2c.i bellies In
pickle, according to average, loose, 13M.T4C.S
breakfast baron, as to brand and averngo
elty cured. UCrlBc. . do.. Western cured. 17M
18c; lard. Western, reflned, tierces, ll'iSfllHc.;
do. do tub. llUftUUc.: do., pure city,
kettle rendered. In tierces. ll'AWlltic.: dp.,
puro cltv, kcttlo renderod, In tubs. llWOllWc.
REFINED SUGARS
The market quiet, but steadily held. He
flnrrs' list prices: Htandard granulated. 5.80;
?no granulated. B.7Bc; powdered. 0.85rJ con
estloncrn' A. 5.05c. ; soft grades, 4.P0(5.50c.
DAIRY PRODUCTS
IlUTTEIt. Fancy goods were In small
supply nnd steady, but tho lower grades were
Plentiful and dull. Quotations: Western,
fresh, solld-packod creamory, fancy, specials,
34c. : extra, 32c, extra firsts, 31c; firsts, 20
clOc; seconds, 20028c; ladle-packed, 21S23c
as to quality: nearby prlnfs, fancy, 35c; do.,
averago cxtrn, 31c j do., firsts, 30332c; do.,
seconds, 2iltf28ci special brands of prints Job
bing ot 40$T42c
K(?(,M wero in good demand and firm with
supplies well cleaned up. Quotations; In
freo (.'asps, nnnrhv. extra. 2ic. Der d02.: nearby.
firsts, $7.BO per standard caae; nearby, current
receipts, $7.35 per caso; Western, extra first,
$7.50 per caso; do., Ilrsts, $7.35 per case; South
ern, $7.20U7.35 per caae; fancy selected candled
fresh eggs wero Jobbed out at 29031c. per do.
CIIKK.SE. The market was less active and
Ytc. lower, with moderate but ample offerings.
Quotation!,: New York, full crenm, fall make,
choice, 17017UC; do., do., fair to good. 1UHI
l(l?ic; do., current make, 10l10V4c; do., part
Bkims, 8013c.
POULTRY
LIVE. Demand fair for desirable stock
and values gem-rally well auetalnod. Quota
tions' Towls. 14iSfl5!ic; old roosters, 110
ll'ie., chickens, toft meated, 15fl0c; no.,
staggy. 13c; turkeys. 16ifl7c; ducks, 10IJ
17c ; geese. 12riac: guineas, an to quality,
per pair, C070c; pigeons, old, per pair, 22
25c: do.. ounc per pair. 20?22o.
l)rti:HSKD. The market waa quiet but
steady, under light offerings of desirable stock.
Quotations: Fresh-killed fowls, 12 to box, dry
pleked and dry-packed, selected, heavy, 18'4c.;
welching 4T5 lbs. apiece. 17iic; do.. 3V4 . lbs.
nnlece. lGU17c.: do.. 3 lbs. apiece, ibuuiuc
" . i as... IAMA YJimtTA Tfvsplat hi
Supplies were fairly liberal, and the general
market waa dull and barely pteady, Quota'
tlon! .While potatoes, per bush Penn., W0
me. Maine. HflBOe.: S. Y. as tn oualltr.
4qC'4nc.i sweet potatoes. Del., pi-r hmnr
Large, $1.2.101.50; 2 medium, CO75c( wet
potatoes, Knstcrn Shore, per bbl. No. 1, $24?
2...1; No. 2, ,$1.(10131.76. mveets, Jersey, per
bbl. No. 1, tn.SAB.t.N); No. 2, $202,501 sweets,
-."X"?"' rr haskef. 7Bcg$l onions, p4r bush,,
ni)0w)c., do, choice, per 100-lb, bag, $1.15;,
do., medium, per. 100-lb. bag, $1; do., sse
onds. per loo-lb bog, 70o.; cabbage. Danish,
fr ton, $Sffl.l! cauliflower, N, Y.. per crata.
fll i5: spinach, Norfolk, per bnl,. 2ift2.25i
kale. Norfolk, per bbl., POc.0$1.23; lettuce).
Texas, ner huh.hnak). ai.niMJb.vi. An rvia
per basket, 1,1; beann, Fla., per bosliettan
4 2.1; peas, Fla., per bisket, $2.5004; eggplant.
Fla., oer hot. $203.50, cucumbers, Fla., per
'.i..Hrf.; snuasn, I'la., per nasxet,
nennors. Fla.. nr r-ftrrlnr. X2f7J1.3T)i
i- m pvr juu nuncnes, f lorn; tomatoes.
liaskst. f.'l.fiors: souash. Fla.. Der basket.
) i
Fla., per carrier-Fancy. ti.5O01.5n: eholea!
rlrt. Via . n rial. it.nrit An
t;
beets.
Fla.,
N,WiY.
4-lh. bail
celirv. Kla
rer ounrn
iket.
(l0a.Ctll.ii0,
per a ate. 1 1. 2502:
35050c; mushrooms.
do.,
per
no.,
aplcco.
no
1401BC Fowls, bbls ,
drv'-nlcked and dry-packed, Western, 4S5 Iba.
-o. i,c: ao.. uo.. on iud., lunu.ui.
,1 lbs. and under, t4lRc
lbs.. 13K01Oc; do.,
c. Old toosters, dry-
r licked, I4C. Iiroiung cniCKCHS, Iivnruy, xi
hs nnlece. 22021c ; da., fnlr tn good. 18020c:
Western, l',402 lbs apiece. 20022c: do., fair
to good, llMlHc. Chickens dry-picked and
dry-pa:kcd. In boxes, milk-fed, 31 to 30 lbs. to
doz.. ISc; do.. 37 to 42 lbs. to doz., 18c: do.. 43
to 47 lbs to doz., 18c; do., 48 lbs. to dot., 20c;
do. 00 lbs. and over. 21c; corn-fpd. 31 to 42
lbs. to doz., 10c: do., 43 to 47 lbs to doz..
17c ; do., 48 lbs to doz., 10c; do.. 60 lbs. and
over, 20c. Chickens. dry-Picked and dry
rocked, In bbls.. selected, heavy, 10c: Western,
corn-fed P lbs. and over. 18c; do., do., 4
lbs . 17017'c; do., do., 3W lbs., 15i,4c; do
do.', 2(403 lbs., 14015c Turkeys, dry-picked
and dry-packed Fancy, nearby, 2lc; do..
Western, 21c; fair to good. 18020c: old toms,
111020c Ducks, fancy, in boxes, 17018c; do.,
ordinary to good, 12010c deeae, nearby, 123
14c: do., Western. 10012c Squaba. per dot.,
white, weighing 11 to 12 lbs. per doz., $4.80
5.40: white, weighing 0 to 10 lbs per doz, $4.2e
04.70: do., do. 8 lbs per doz.. $3.6003.75: do ,
per doz. $202.40; dark and No. 2. OOcOJl.00. I
NEW YORK COFFEE MARKET
NKW YOHK, Feb. 20. Trailing was quiet on
the Ciffee Kxchawte. Prices declined 3 to 7
points, i uturcs louow:
Today's
,, , opening.
March ..,45
April 5.no
May 5,W0.-,.oo
Juno n,nrB.(w
July ......... 0.0100.03
August '0.70
September n.Sogo.S3
October 0.03
November
December .... 0.0507.05
Illd.
Total sales, 18,760 bags.
Today's Yesterday'ai
closing. closing-.
n.4505.4l
5.5005.51
."i.5505.57
r. nn0fi.ro
(1.11008.02
(l.(0 11.70
0.7700.78
.4Bn.n
O.UOAC01
0.0500.00
5.485.40
5.5305.B4
5.IUI05.O2
5.0305 Ofl
5. 050 5.6(1
0.730(1.75
0.820(1 tn
n. 8xino.ro
0.1)300. 00
7.027.08
NEW YORK COTTON MARKET
NEW YOKK. Fob. 28, Trading In the cotton
market was cry limited today, the market
being entirely without feature. Call prices
were 2 to .1 points lower, and the list sagged
off to a net loss of 4 to E points during the
first ten mlnutso of trading. The operators on
each, side were restrained by the complexities
of the International situation. At the) close
the market was somewhat Irregular. March
lost 0 points, whllo May scored an advance
of 1 point. Spot waa unchanged at 8..15.
March . .
May
July ....
October .
December
Spot
Yea. close.
8.80
8:50
8.72
0.00
0,17
. 8.85
MINING STOCK QUOTATIONS
TONOPAH STOCKS.
,, Bid. Ask.
Jim Butler 07 .eu
MacNamara , 03 .05
Midway , 00 .11
Mlzpah Extension 23 .25
Montana 45 ,48
North Star 14 .15
Tonopah Belmont S 8ti
Tonopah Extension 2",, 2i
Tonopah Merger SO .38
Tonopah Mining 6", S",,
Rescue Hula 08 .ou
West End 02 .34
QOLDFIELD BTOCKS.
'Atlanta 24 .25
Bluo Bull 03 .00
Booth 83 ,.'!.-,
Bulldog 03 .05
COD 05 .07
Comb Frao 05 .07
Dlamondfleld B B 03 .05
Daisy - 00 .11."
Florence B3 .58
Goldfleld Consolidated 1.50 1.5.1
Goldfleld Merger 10 .20
Jumbo nxtonslon 52 .51
Kcwanaa 13 .14
Oro 08 .(VI
Sliver Pick 05 .07
MISCELLANEOUS.
Fairy t .03
Klmbcrly OT .10
Nevada Hill .27 .2P
Nevada Wonder 1.50 3.5
Bankers' Club Elects Cuyler
T. DeWItt Cuyler has been elected n
director of the Bankers' Club of America,
which was Incorporated nt Albany, N. T
yesterday. Other directors aro T. Cole
man Du Pont, of Wilmington, and Eben
B. Thomas, of Fountain Hill. Pa.
MORE GOLD IMPORTS
Total of ?4,-i50,000 Now Engaged for
the United States.
NKW YORK, Feb. 20. The Guaranty Trust
Company has engaged $200,000 gold from tho
Dank of England and arrangements have been
Eiade for shlnmcnt nf the metal from the
ank's stock at Ottawa.
I.atard Frcr-s have engaged $1,250,000 gold
in Ottawa for ImportB to New York. This
makes a total of $.8,250,000 engaged by this
nrm on picseni movement.
The International Danklng Corporation Is re
plying sl.ooo.oou in gold troin japan.
$250,000 of this hai already arrltcd
T4H
10 Baldwin pf
Ton Mb ..
POli 10 Key Tel .
6'n 1M Too Mln
12:30 to 1 V, M.
0 Phlla KI.,. Sl JO Leh Nav.,
40 do 2g
1 to 130 P. M,
25 Am Cop 62 100 U S S 41J4
BONDS.
1000 Penna reet 4 lis nr I J03ft
1:30 to 2 P. M.
...14
.. oh
2 to 230 P. M.
IT Pnn BH 5UOI S2
BONDS.
B3 LH Brothere. 10JJ W Am Car & F 40S4
t)l t Ullu-iViM W Vfl,. wiu. .,,
319 Cambria, Steel scrip 1P17
2:30 to 3 P. M.
10 V S Stael.... 42 SO Baldwin or..
j0 do 10 Pbtt Trae...
50 Erie 21 is rural 4rao
IOC PWta Blac.. Si 15 KrU ......
SO Too Mlo.. . ett
WOND8.
lOisO BsadlBg Twui $a ig
sew Stoe Pwfie Tr li
so
W!i
so
11
II
Bradsn ..
Mr-Am T old
Br-Am T new
8014 Cons . . , .
rcenv Can . ,
La, nose
NiDlsslna ....
Otis Blav
NEAY YORK CURB
Bid. Asked.
6H ui
"H 18
ft, f ' t. ,,.. 10 IBriL
,!,...... 1W, 10-lq
JL
a.
oou
(ill
pi
i
da nref
lllVer-IIeuo
Sterl Oum , ,, .1
TSb Prod pref 01
VsTted ngar Btorei , SO
da nref 112
tin Proj new 3 3-10
World Film , , 4K
Yukon Gold. 2S
I I i ,P iili.i
Consolidated Qas Sells Notes
BAIVTIMORB, Feb, 28. The Consolidated
Gas, Bleotrlo and Power Compaoy has sold
to Alexander Brown & Eons, of this city,
a new lsue ot $2,5O0.0OO 9 per cent two-year
convertible notes. The bankers sooa will offer
the notes at public subscription at a price to
yield 6 pr cent or slightly better At the
Od of to years the notes ar tcnvertlbla
Into cowoioa ctock of thv company at $115
per that. '
JfEW YORK METAi HABKET
HliW TOBK. Feb. 2A-.Ths metal markat
iJiigi"aTr wTS',2Br. lot ow, lew.
m-ffPSFF g8 , if. v,'
About
at San
KVnnM,,, nnd S75O.IKI0 la on Its way.
It la explained that the movement of gold
fom Japan Is to pay for purchases of sup
plies, etc.. mado In this country by Japanese
Government. Itussla Is understood to figure In
theso transactions to a largo oxtent.
Japan Is taking the occasion of selling a con
siderable quantity of armaments which she has
on hand to Ituesla and bujlng new material
In the United States.
Total gold engaged for Import from all quar
ters since the beginning of the year now
amounts to $14,800,000. Of thla amount $0,
,100.000 comes from Canada, $4,2ix),0O0 from the
Far Dat. $1,000,000 from South America and
$3OU,000 from London direct.
Against this must be deducted $2.000 000 gold
bars withdrawn by Larard Freres from tlio
Subtreasury January 5 and deposited In Ihe
First National Bank for the account of the
Bank of France
NEW WAR TAX STAMP ORDER
Commerce Board Gives Notice Con
cerning Powers of Attorney.
WASHINGTON, Feb. 26. Powers of at
torney, filed with tho Interstate Com
merce Commission, must bear war-tax
stamps. Notice today waa sent by tho
commission to all railroads In the coun
try that stamps must be furnished Im
mediately for such documents, filed since
December 1, 1911.
Warnlnff was given that all powers of
attorney, submitted to tho commission
hereafter without stamps, would be re
jected, RAILROAD EARNINGS
WESTERN PACIFIC,
1015. Decrease.
Third week February... $8l,sno .l.8i)i)
From July 1 3,587.000 OSl.bOO
DENVER AND JUO QBANDB.
Third week February... $-131,000 $03,000
From July 1 14.541.600 1,547,100
CHICAGO AND NOnTHWESTDUN
January gross ,.., $0,317,487
Jtt 1,410.845
Seven months' gross,. 4ii.8lB.4u::
Net 12,028.101
COLORADO AND SOUTHERN
January gross ,,.,... . $1,101,170
Net oS',lMIl
btven months' areas,.. S.SW.OM
Net 3.105.012
UNION PACIFIC.
ft-t..iv.:::::-.: -tSSiB
BOUTHBRN RAILWAY.
January uroaa $J.M.poa
Vet ,. 700.744
Baven months groan 3I'i!&SIS
Net 7,650.603
REAL ESTATE NEWS
"to
$B0.450
112,5811
1,920,324
805.115
$5fl,TIM
422, S74
56O.0ST
$511,017
218.S01
3.4.11,728
722.003
$i.os5.oea
30.1,054
B..102.4M
3.513.2rj
acrtase.
National Banks' Resources
WASHINGTON, Feb. 26 Tha T5S1 na
tional banks In the United States, on De
cember 31. 1BH, had total resources of
M1.SST.0SS.017.6T, according to a report Is
sued today by Comptroller of tho Cur
rency 'Williams. Loans and discounts
amounted to $8,S17,&'W.610.S7. Overdrafts,
which were made the subject of special
cxitletsin by the comptroller last Month,
decreased from $13 797.36X38 on October 31,
IHt, to $1&.7K,3U$ on Dumber 31. Fed
eral reserve notes helJ by the banks
totaled ?2,M3,66.
Tho sale on February 23 of the property
at E041 Spruce street by Edward B. Arm
strong to William Armstrong, lot 20.4 by
109 feet, for $8200, calls attention to a lo
cality where business has been very dull
for a long period.
Spruce street, from 45th street to 61st
street, has the very best kind of trolley
service, and all ground In largo tracts
abutting on It Is held by the Drexel es
tate and the estate of Ell IC Price. It wtll
not be sold without the highest class of
residential restrictions. The Price estate
also stipulates that dwellings shall be of
the three-story type, as are now built at
46th nnd Spruce streets.
It Is shown by the records that on
March 29, 1003, a lot on the northeast' cor
ner of 50th and Spruce streets. 433 feet by
295 feet, wbb sold by James D. Schoch to
ThomuB KUIough for $17,000. It contained
2.91 acres, and was sold at about $16,000
per acre. This property was In aay reach
of 52d street, then developing Into a local
store section, where values were rapidly
Increasing.
On this lot Mr. Klllough erected dwell
ings, and the sales show aa follows:
1007, April 25038 Sprues at, lot 24r
101). Jlary Welsenberjrer to Sidney D,
ronweh , $9,000
1(107, June 205020 Spruce at, lot 20x
100. Thomas Klllough to Ann P. Pler
srn 0.250
10O7. October 10-50:17 Dprueo st lot
2IU10U. Thomas Klllough to Charlotte
lletlwund 0,250
1UO-), March 225041 Spruce t., lot 20x
toil. A. T, Morgan to William H.
Mvera 8,000
1012. October 20-SCC4 Spruce St., lot
20tl20 , 8,000
1910, December 8-5010 Spruce St..
southeast corner 51st St.. three-story
dwelling; lot 17.8x109, Bold by a T.
Freeman & Co 12,000
llinti. March 30 North side ot spruce at.,
R20 feet west 50th St.. lot 20x100,
Thomas Klllough to Hobt, Doyle.,., 0.000
In this locality property had a resting
period, owing In part to the great amount
of building going bn In West Philadel
phia. Properties, however, were well
held. On May 4, 1914, 6046 Spruce street,
was advertised for sale, but firmly held
at $12,000, Real estate men In the sec-
MCOAI, ADVERTISEMENTS
IN THE COURT OF COMMON PLEAS
No. 1. of I'lilbidelnhU County.
December Term, 1811. No. 490S,
Notice Is hereby given that an application
will be mads to lb above Court on Monday,
March 22, 1015, at 10 o'clock a. in., under the
act of April 29. 1874, and ths supplements
thtreto, for charter or an Intended corpo
ration to be called "MUTUAL B8NHFICIAL
HMPLOYES OP THE BUREAU OF WATJJRI
DEPARTMENT OF PUBLIC WORKS," tb !
CHfttBVlE, KI1U UVJVl I V. HWVH . 1 1 imprUM
the efficiency of the working1 forca of the
Sureau of VS'ater. to develop the tntellectjunl
nnd social companionship ot Its membua, ta
promote their welfare, generally audi to
create a fund for tha payment Of catfaln
baaeflt In cases of slcknsss. Injury or Aattt
of members, and for tbssa purps tsmav
end pawu and enjoy all tha rights, be ntflts
and privtlscsa of ths said act et AsWoibly
aud Its auppltments. f
Tb prpod Cbartsr ta sow ou Ilia to the
OBlcf c( ths prethouotary f
HfiRflBT L. WA.M18.
SotUltor.
tion agree that there Is very little, If any,
pressure to sell, arid new building per
mits are being taken out.
Spruce street is solidly built up from
EOth to 62d Etreet, and It will not be long
before the gap to 47th Btreet Is filled.
NOTES ON THE STREET.
A case of more than usual Interest Is
now on trial In Common Pleaa Court No.
3 before Judge Staples. The ou.lt la be
tween the Pennsylvania Salt Manufac
turing Company and the City of Philadel
phia, for damages arising' from the
widening of Weccacoe avenue from 60
to 63 feet, and tho change of grade ex
tending over a tract from Snyder ave
nue on the north to Shunk street on the
south, at which point the large plant pf
the company Is situated.
Mortgage money Is not In what can
be called free supply. Building associa
tions are supplying most ot it Rates
on all loans are firmly held at 6 S-S per
cent. LESSOR.
Solid
An investment that is
based upon actual value only
is SOLID.
Actual
minimum
property
worth.
value means the
figure that the
i b intrinsically
The value of such an in
vestment is independent of
varying trade conditions or of
manipulation.
It is always worth what it
actually represents.
It is SOLID.
You should have our book
let. It defines solid invest
mentsj
The White Investing Company
WALTER WHETSTONE
Philadelphia Manager
Morris Building, Philadelphia
Sound Investments
fl We specialize in
"sound investments.,' '
The element of risk oji
"sound investments" is
reduced to a minimum.
Send for our latest circu
lar. Frazier&Gx
BANKERS
132 South "IStk Strefti
Orn. Hljrh. Low, Close J
8.6.1 8.33 8.22 8.SM -!
H.48 8.M 8.44 8.B1 Ti
8.70 8.77 8.04 8.7S 1
8.1)8 P.04 8.03 8 98 7
0.14 0.20 U.ll 0.14 ('j
4
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