h
i
t
u
EVENING LEDGER-PHILA.DELPHIA TTAY MAttQH 19, 1915:
LONDON MINIMUM PRICES TO CONFORM WITH NEW YORK COPPER ADVANCED
COPPER SHARES LED
Advance In the Price of the
Metal Resulted in Upward
Swing Bethlehem Steel Up.
N'BW TOnK, Mnreli 10. All Interest In
the early trading fcn the Stock Exchange
today centered In the copper shares, and
they nere "the most actlo Issues, bclnR
the market leaders, All of the stocks of
the copper companies were up around
midday from n fraction to nearly two
points above the final of 5csterday. The
rise was caused by the nilvanco In tho
prlco of the metal to 16'4 cents, tho
highest point reached this year, and real
ization of tho fact that copper Is scarce
In Europe. Those In tho metal trade
know that the Allies must have copper,
and this Is fully evident to the Street
In gcnernl. Therefore, It Is pointed out,
thero will undoubtedly bo a larger move
ment In Europe Added to this arc In
dications of a revival In tho building In
dustry, This morning Inspiration Copper
made a new high record of 22'i.
The early strength was fully main
tained In the afternoon session, tho
copper stocks still being the leader at
higher prices. Supply of copper seemed
to bo small, while the short Interest wns
large. There wns n fairly good demand
for all classes of stock. A strong spe
cialty wns Continental Can, which rose
points to St on the statement that the
earnings were good
The stock market as a whole presented
a much better nppearance todny than for
Dome days past, paitly because of the
strength In the coppers, but more be
cause of the announcement from London
that minimum prices for American
securities on the London Stock Exchange
will now conform with the prices In ef
fect on the Now York Exchange, and
that they will bo reduced from time to
time as similar action Is taken In New
York, but New York Is to tako tho
Initiative In thin matter
Therefore, traders will now havo two
markets In which to trade in Amcrlcnn
securities, and tho pressure Is removed
from New York. This also should mate
rially aid in tho broadening out of the
trading In London Thero can be no
doubt that this step Is tho best one ot
taken to strengthen confidence, and trad
ers wero generally pleased with it.
Trading In stocks hero today was
broader and more active, and thero was
gcnernl absorption of securities, causing
an advance In prices and a better de
mand. Many shorts wero In evidence,
and their nctlon In covering their com
mitments nlso aided In the upward swing.
Bethlehem Steel made another new high
record today by selling up to GO's before
midday, up l from the final of yester
day. Thero was the usual talk of big
war orders, but no especial news to nc
count for the strength Rumor has It
that the annual report will make good
bull reading, ns It Is thought that It will
show largo earnings In the afternoon
session the stock went to 63, tho highest
on record.
Tho foreign exchange mnrkct was
steadier at the opening today, due to tho
announcement of further Imports of
J3,000,000 in gold from Canada Inter
national bankers arc of the opinion that
Imports of the yellow metal aro not et
at an end, and If our exports to Europe
keep piling up at the rate they havo been
it enn be very readily seen that mote
gold will havo to be sent here to offset
our big credit balance abroad.
New York Stock Sales
2.10
t.ow. P.M.
83M 83f
Last clost. High
Adams Fjpreji.. 83U 83'f
', Mr Mines... 32'( .'3'i
Amu) Copper.. 55U t.d'i
Am n Sugar.... 41K 42W
AmCan 27U 28W
Am Can pref.. ......... KH 0l!
AmerCar&Kdr 4 HI 40H
AmerCoMProd H2U S3W
Amer Coal Prod pref... 100S 107)5 107)4 107)4
,125
ma
41H
27U
r3)
40)(
81M
33! i
6fW
42X
28X
niK
KM
4t'
r,
28) i
ux
r.
28K
73
1
20
03
101)4 103)4 101)4
102)4 102 102
HUH II0X lli
44'f
fi
2')
7fl
Mi
11)
cm
t
2J
ftSM
New York Bond Sales
High.
100,
If t
S
DO,
&
S4
iw
11000 Amer Agr Ba .
110UI Amci i ot Oil 4's
JVOO Amer Hide A. L lis
l.VK) Amer Tel c t -Iks .
XK Amer Writ Tap is
20t Atchison cv 4s 11V
000 Atchlion cv 4s lUiiO
:0O0 Atchison cv 3 1V17
10OO Halt & Ohio .I'is .
1IOUO Halt & Ohio 4s
UOOO Halt & Oh CV 4Hs.
POOO lleth Steel lBt 5s .
200O lleth steel rM ."
IUU11I ll.nAlin I 1 fa 1lllU
1000 Ilroolc Un Klv 1st .Vil loo1.
nwu cent ieatner 1st 03 . uavi
1000 Cent Leather 3s . .. alt.
14IXJ) Cent l'ac 1st 4s hK
2uuu cm 6 last 111 m
sooo chi & East in Bs
1000 Chl (Jt West 4s..
1O0O Chl & TV Ind 4s..
42000 Cht 11 & q joint 4s
.two ini 11 Ac u rear .
At u
S7H
irj
20110 Cbl B
III 3V,a
IIJW
BSVj
77
1MJW
80000 C M 4 SI P cv Ss rct.101'.
ltooii a M & St P cv 4Vjs. WM4
3000 C M & St P gen 414s. m'i
1000 Col & South 1st 4a. .
luoo D-n & Rio Gr 4s.
BOOH Den & R G rfd Sa
nooo Ills Scour Corn Si
nooo Erie conv 4s Ser
BOOO Erie prior 4s
MOO General Motor lis
S00O III steel deb 4Ha.
1000 III central rfd Is.
7000 1ns Cod cv Ci
10000 In cv ret 3d pd Ca
1400O Interb Met 4V4a..
WOO Interb H T ral 6 .
nooo Inter Mer Mar 4Wa.
SOOO Ind Alcohol Ss.
MOO Kan city So Ss.
WOO Lacks Steel Ss 10J3
luuo uiciede uaa lit Bs
H7Ji
0'4
II M
HOji
Witt
8.1
1)3(1
...10V,
10.103K
... 711
US
34'i
i")8
mi
10000 Lake Uti deb 4s 10J1. 00
.IHJh,
. DOT,
122i
. VI
. bo
4w;
. i-i
. oou
.JQ0
N Y City 4ijs May 17 loog looij
1 N Y City 4 Us May '3T 104, I041J
N Y N II & II da laiij iai42
7000 Llr & M T fis
4U0O Lorfllard Sa ... .
1100 Lorlllard 7a .
WWO Louli & Nash 4s,
EOOO auch Cent U 4a IOCS
SOOO Mo Pac 4
S00O Mo Pac cv Ea ..
HCOO Mo Pao col Bs 1017
0000 Mo Pao com Ss
A00O N Y A DrakA evt Ra. . fU
ISSOOO N Y C & H 6a w I .1011,
1000 N Y City 4Ul 1M0 . . OUV
8000 N Y City 41 1084. WWJ
-"OOO
120O0
jooo Norf & Weit Liv 4
O0O Nor Pac prior 4i .
COOO Nor Pac Ken 1i .
10OO Ore Ity 4 N con 4i.
IM.00 Pac It It of Mo 4s
BOOO Penna cv aiia
1000 Penna 4i 1IH
tkau fenna 41 . .
1000 Penna cv 4Vis
iuuu itay uon uopper s..
1C0O Heading- gen 4a ..
100O Itep Cuba. Ba 1014..
10000 Hlo Or & W clt Is. .
BOOO Itlo Or & W 4i.. .
1000 I lock liland rfd 4 .
100O llocli Island Ca .
4UX) Beuboard A L. ad) Ss.
7000 Seuboard A L, rfd 4s.
Low.
100U
lou;.
iw)
&
l'fj
MV3
100
87?i
Wi"
10((,
!4
to
BVi
till
77
Ufltl,
1)0
8i
10HS
uui,
II'IT,
h7.
74li
47
48
IU
bli
101
Kl
0'.
lOMi
10.ul
70S
I18
34
M'i
U0
r?
10O
W)?I
HUH
1M t
ik:
7U"
41H
43
100!!
100'i
3
US
1H
my,
. MJt,
M
M
. Il7t
83
-1aS
..108
W-la
0.1
. S8
.. 70
7
. 81tT
do cv ret f p Bs 1034 07
CH7a
1'TS
BOOO South Hell Si
700"! South Pac cv 4i
4000
MOO do rfd 4s
loona South llwv con Bs.
1000 Sparta 4s 80
000 Texas Co cv (W OSti
BOOO Third Ave adj Bs m
1000 Tol Peo & W 3!s, .. 77
XSO00 U S Steel 3a.. , . 10H,
1B00 V B Steel rer Ba., .,lC0!i
1000 Un Uas & P Bi. ,. 73
4000 Tnlon Pao cv 41 88
SOOO Un nwyi S F 4s,. , 40
1000 va I a & c lit ss., 01
1000 Wab Kqu ct ata 4i , , 21
loon w N Y & Pa lit Si., 7fli4
SOOO Weit 6horo 4a ,. .., 0OJ
ram Wilt Union Ba 0(1
SOOO Wheel L 4 63
IMS
8SJi
04
8 J h
iSS
1CI
108
US'-
B8
70J,
10 if.
tut
1)7
8H.I
U7s
W.
0h
M)
HO (I
80S
77
101
10M,
.3
88',
4(1
01
21
73
004j
03
Bf
2 40
p m.
10OJ4
100'
ODtj
10W
l0
88 b
mil
100
h71
1I'J11
iOO-
A15l
87J,
1CU,
KVi
I.')
77
00H
00
MV,
10l4
ini'5
87).
If
48,
SO'i
ion,
K3
0-1JJ
08
.14
OUW
t0
OOH
101
0O4
llO't
UK!,
122U
02
iMi
4B,
43
OOV,
lUl'k
ooJ
lOolj
104;;
SSI,
8Jij
iSS-
k
108
021,
l
B8
7UH
05,,
1U1H
62J
U7S
81 U
!
OJVi
ion;
J''.
75
S8H
4d
01
St
73JS
ufl
63
NEW YORK CURB
Sradtn
Brltlih-Amtrlcan Tobacco old
British-American Tobacco new
aoldfield consolidated ... ,,.,
Greeoa Cananea
I.a Rose . .. . ....... ...
unign vauey woil cwiei.
Kipissms .
Otis Elevator
Otis Blevator pref
Hiker-liegeman
Bierlln- Ouin
Tobacco Products
Tobacco Products pref .
I'olttd Cixar BtorM
United Clar Stores pref
Vn!tu Front sharing new
World Film
Yukon Ooli
Bid
::-::.:: M
., , owj
6'i
.: so''
. 02
. VI
.112
: ftf
Asked
Ti
18
18U
14
27
li'
svi
60
01
01
ft
BANK CLEARINGS
Bank elHrlon toda,y compared with ccrre-
.KnndlHff rfV llLst IVA VedLfM
rr... -- . ,
1VU.
Holiday
Unltdiv
Kir Yorif , 574.T0.28 2I 142.8r4 Holiday
BlU4lnfeU.ag.0BttR2tt 123,061.015
atosion . ,Ma,nf f,iff,oi
Yarlt
oto
ItliiUS
KATSS; FOR MONEY
lw Ijrl?'
s
aiiw
1
3 M?
Am Cotton Oil 44)4
Am tilde & Leather.... r(
An lee. 2H
Am Locomotive pref ... 7fi)j
AmMalt r
Am Malt pref 30
AmBmelUnsr.,.. 0-1)4
Am Smelling pref 103
Am Sugar 102
AmSuEaroref ....112
AmTobaccopref .107)4 107 107)4 107U
Am 1 el Tel 120W 120)4 120)4 120) J
Anaconda Copper ...... 20)4 27)4 20' 27)4
AtchKon W,'i DO KH
At Coast Line.. 100)4 100) 100
nail A Ohio U0)4 07)4 00'4
nlt& Ohio pref 0W4 CS 674
lleth Steel tSii 01U t,S'i
tlcth Steel nref 10.1 ln:,! lOt'f 105i
CallfomlaPet Ill 1074 10! Mi
California Pe prer 40)4
("an Pacific IGa
Crntral I rather ,13)4
Chlcaeo, II I . Pacific. . 20
Chlno Copper... 35)4
Chic Great W 10)4
CMc Mil &StP to
Col Fuel & Iron S;il4
ContCan 48
Corn Products 10)4
Corn Ptoducta pref 70)4
Del & Hudson 140)4 14fl' U('i 140U
Detroit United G0)f 00 00)4 C0)4
Krie 22 224 224 22i
Erlelstprof 30) 30'f 30)4 36f
Crncral Motor 100)4 102)4 10 IK 101'f
(Icneral Motor pref .... DO 09 OSH 08'f
OocdrlchCo 34 34!4 34tf 34 U
.Ircat Northern ptef ..110 110 115)1 115U
47)4 47)4
lo'.Hi 168
34 33U
20)4 JO
30)4 35'f
10)i 10'i
kOU 811)4
23)4 23H
51 48H
11)4 11
70)4 70)4
00
100
07'
07'j
Kh
4714,
150)4
34
211 U
20) i
10!(
80)4
23)4
CI
ll'f
roH
fitcat Northern Ore cU 3l 32' 32 324
norrcnhclm Exp 50 50)4 50)4 50)4
Int Harv Corp pref ... 02)4 02 02 02
Inteiboro-Met 2V, 12)4 12).' 12)4
Intetboro-Mot pref ... 5')j 5)4 59)4 504
Inspiration Com 21)i 22)4 21)4 2214
Krcscco 111M 11534 11214 115)4
Kreseiro pref 10GH 107 107 107
Kan City Southern .... 21H 21 21 21
I edict) Vallov 135 131 13.r.J' 1354
May Dept Storo I'rcf . . . 98)4 97)5 97)i 97)4
Maxwell Motor) 30 31)4 30( 31
Maxwell Motors 1st prof 72lj 74 73 74
MaxncllMotors 2d prof. 29)4 3 Df 20)4 30)1
Mexican Petroleum ... 70)4 70V4 10 0014
Miami Copper 23H 24)4 234 21)4
MLourl Pacific lOJi 11 10h 11
Mo Kan & Texas . ... 10)4 "D4 10)4 10)4
Mo Kan A Texas pnf . 28)4 27V4 27i 7ij
Morrls&Kssex 168 10754 1074 1074
Montana Power 491 40JS 4l))4 4U)4
Montana rower pref .. 09h 99 09 09
National Knaraelln: .. 12'i 1.1)1 12)i 134
Nat Lead 52b 5IU 53ij f4)4
Nat Lead pref 10G'4 107 107 107
NcvndaCon 12U l.'l 12l4 1254
KYNIUU 52'1 .3,i 52 51K
NY Central b2'4 f3)4 FA S3H
NYO&W 24)4 25 25 25
No Pacific 102' 103 102V4 103
Penna 1P5 105 104!i 10".
People's Gas 11914 120 120 120
Plttsmiri: Coal 10'1 20 20 20V4
PlttsbumCoal pref ... tOVli 02 02 92
Pressed fetecl Car 28 28' i 28)4 28H
Pullman Co 160)4 15014 150U 150)4
Quicksilver
Quicksilver pref
Hay Cons
Reading
Republic Iron A. St
Ttock Island
Hock Island pref
beatoard Air Line pref
t-outbern Pacific
touthemlty 14
southern Ity prer 48
btandard Mlllln" 47'4
Standard MMInc pref.. 70)4
I enncssoe Copper 2S
f a 54 a
1H 1 1 1
174 '8)4 17K 18)4
1424 14,'4 142)4 143W
19)4
H4
33
83
TexasCo 131)4 132
14
60'f
5
Texas Pacific R 11 .... MM
Third Avenue 0)4
Union Dae & Paper ... 5
I nlon Pacific 119)4
Union Pacific pref .... 80
USUndl Alchol 22)4
UnRwylnv pref 21)4
U S Rubber 56
Ub&teel 44K
U S Steel pref
Utah Copper
Wabasb
Western Union 0-1)4
estlnshouse Electric ..08
Wells Fargo 80)4
Willys Overland 118 a
Wllljs Overland pref ..10U4 HOW 100)4
Woolworth 103)4 103) 104)i 105M
20
H
1
334
b3'4
141
48
48)4
70)4
28'!
131H
11
0
5
120)4 110)4 I204
80i S0! WH
21
22H
55)4
41H
20
?
1
C3I4
c4
15
48
49
70)4
:n
0
a
1
33)4
84
15
48
49
70)4
29
132
11
50H
5
21
23
57)4
44!
21
23
57),'
44)4
104M 104JJ 10-1)4 104)4
52)4 64)4 62J 54
)' H U ?4
CAM M
08)4 (8M
90 fc'Hl
110 1C9V4
04)4
08)1
90
110
100H
Financial Briefs
'oru&xrrlal &aoei- l&i rnflntha- Sftidal'
SJ- is4 ;sc mi S
The reported movements of currency
this week indicate a Cain In cash by
banks of 38,813.000.
Sealed bids will be received until March
23 for 1,500,000 City of Elrnlr.a reglsterca
4'i per cent, water bonds, to be dated
April 1, 1913. The bonds will bo Issued In
two aeries, one of $600,000 maturing $I,0,0U0
annually 1935-13, the other WOO.000 matur
ing In various amounts annually 1916-35.
E. J Pearson has been selected as
operating vice president to take charge
of the Texas and Pacific property lie
will be elected to the board and to the
vice presidency of the company at the
organization meeting of the directors next
week.
The Equitable Life Assurance Society
has disposed of Its J7M.0OO holdings of
Third Avenue Railroad Company stock.
Orders for 35,000 tons of rails have been
given to the Algotna Steel Company of
Canada by the Illinois Central Railroad.
Lewis E. Waring, ot Chandler Brothers
Ac Co., was elected a member of the Board
of Directors of tho Cheaebrough Manufac
turing Company,
John C. JJelz, general manager of the
Glen Willow Ice Company, of Philadel
phia, has been elected president of the
company to fill the vacancy caused by
the death of Peter P. Llebert last week.
E. rt. Tinker was elected to the Board
of Directors of the Merchants and Miners'
Transportation Company.
The directors of. the Remington Type
writer Company deferred action on div
idends pending the arrival of figures
relative to foreign business.
Regular New York Central dividend.
George Talt, Brodle Q, Illghley, John J.
McCabe, Congressman Archibald , C,
Hart, Tynan S. Marshall and W. Irving
Conkltn and others have acquired the
interests of Hayden, Stone & Co, In the
Hudson Navigation Company,
The Baltimore and Ohio has divided
orders for CO) undernames among three
companies.
At the annual meeting of the National
Biscuit Company, W. H. Moore, B. B.
Thomas and P. W. Waller were elected
directors for Ave years. J. S. Runnells
and R, A. Falrburn were elected for one
year to complete the terms of N, B.
Reanand L. D. Dozler. deceased. At a
subsequent meeting of the new directors
P. W. Waller was elected first vice preN
dent to fill the vacancy caused by the
resignation of Earl D. Babst. The posi
tion of third vice president, fromerly held
by Mr. Waller, was not filled.
A New York Coffee Exchange number
ship sold fox fXOO against PCW, the last
previous eaW.
The Federal Reserve- Board Ua-sauthor-ized
the following rediscount rate for
the Atlanta, Federal Reaerve, Bank.
Haturltlw) up to W days, i per sent,
louger mturlu. 5 per csat.
IMPROVED DEMAND
FOR TRACTION STOCKS
Philadelphia Market Inclined
to Harden United Gas Im
provement Centre of Interest.
Reflecting the Improvement In Wall
Street, the Philadelphia market presented
n firm appearance today. liven the
United States Steel Corporation's poor
annual report seemed to havo been dis
counted, and there wns some Bhort cov
ering In the shares. .
Demand do eloped for tho local trac
tion stockB, which nppoared to bo scaice
nt going quotations. Thero wns favor
able comment over tho inUoductlon of a
bill at llnrrlsburg that would give trac
tion companies tho right to operate Jit
ney 'bu-j lines. The local llnanclnl com
munity hai been expecting somo sort of
statement fronf E. T. Stotesbury regard
ing the transit plans. It Is understood
that tho matter will bo carefully
threshed out by the companv'B oillclalB
before any public announcement Is made
A good deal or Interest centred around
United das Impiovement stock, for which
bldn of 8.1 could not bo suuppllcd Tho
price subscauently advanced Discussion
of a distribution of surplus seems prema
ture nt this time, but It la uulto possi
ble that something of tho kind may do
vetop after tho company hns como to
nn agreement with the Government over
tho handling of Its subsidiaries Baldwin
preferred slmrcB advanced fractionally,
wheroa3 Klcctrlc Storngo B.ittcij cased
off
In the nftcnioon Huntingdon and Bro.ul
Top preferred sold at 12)fc, down lj from
the last previous quotation mado nbo'Jt
a week ago In tho bond division Lehigh
Vnllcy unnulty 6s wero strong advancing
over a point. Lehigh Navigation 4'fcn
wero also In good demand mill o wero
Pennsylvania 4'js.
Lake Superior was not affected by the
placing of a big order for rails with
tho AlKoma Steel Company by tho Illinois
Central. An oHlclat of tho rni'.ro.id ex
plained that on account of the high prlco
of steel in this country It was cheaper
to buy In Cnnndu.
PHILADELPHIA
MARKETS
GRAIN AND FLOOIt
MIIHAT Itecelpte, 20,712 buahel Tho
market ndvnnceil Ic , with bullish speculation
In nil home grnln centie". Duolntions mr
lots-. In export flovnlor No 2 red, spot anil
March, Jl raWfll.UI'i. No. 2 red Western.
l.(Hii?l u)'i, No 1 Northern Duluth, 1 CO'J
B1.7K4
COlt.N. Hecelpts, SOOO bushel The mar
ket was firm and 'ic lilsher, vwth a Inlr de
mand. Quotations: Car lots. In export fie
valor No 2. spot and March, "TOifc ,
Btcnmer, i.ltiflTO'ic 1 No. 3, T4Viil,ic . Car
lota Tor local trade, oa to location No. S yel
low, SO'Wismr. weamcr srllow, TB'iflTnUC.,
No 3 jellow, -(I'SW'T'ic: No 4 jellow, 71 'jw
"liWe , samplp jellow, tO'ia'S'io , new col),
per "0 li,s , 70377c
OATS Hecelptu, 40.011 bualieH Demand
cs latrls nctlvn and prices advanced "ic
Quotations No 2 white, OS'SHr.ilc.i standard
white. 01'sOlMc . No. white. taHSOtc
ItVJI was firm. Wo quote nt $1180120
pet bush . as to quality, In export elevr or.
and nt SI.05S1 15 for small Iota of ncCTby
grain In bass
rj.OtlH Receipts, 000 bids, and 1,400,121
Ilis. In aacks Thero was. Ilttlo trading; and
the market was largely nominal Quotations
per ion lbs. In wood V Inter clear, f 0 UOfil
81 do, straight, 10 B07 10, do, patent,
7.2W7BU. Kansas straight In Jntn esclis,
$07 23, do., patent, jute sicks, fi.ii.ifli 'i01
sprlnir first clear, 0 857 10, do, stralsht,
f 1.1087. IS, do,, patent. 7. l.'.177.ro, do. fa
vorite brands J7.7fljTS 10 rlty mills cholco
and fnney patent, 17 7.VB8 loi clt mills, reg
ular crades Winter, clear fniWHiM do,
atralRht, $0 0037 10, do patent, $7.2"3i"0.
ItYi: 1'I.OUIt wnB In small supplv and
steady, hut qulot. We nuolo nenrlii and
Western In Wood at $11 "."517 per bid as to
quallt.
I'KOVISIONS
llie market nag quiet but stenuv.
Sales in Philadelphia
"Vcs close.
2 Am CJaa 1001.
10 Am ltwa pref 100
I I.V llaldnln 1a prd. Vi
.lll"i fnm feteel . . lt
J2N i;iec Mor . to'a
s Hunt A. II T pfd 14
54 Ins f"o N Am . 21 '1
KiO Int l'rod & Ch Vn
1.1 i.n mi . ..
is I.eli nl
10' I'enna It It
nil I'hiU i:iot-
J7 I' It T tr itfs
2111 Itcadlng
120 Ton Uclmont
100 Tononah Atin
410 Ton .Milling . 7's.
:!5 Union Trnc . I"i
llil 1" Oas Imp 8.m
2010 IT S Steel ... 44
CO Warwick I & S 0'
T'l"!
nihil
100
100
IM'j
41'j
i
8
l.7'
f,"'
7 fs,
J
Ml,
41
O'i
I i
100
If,
4Vj
III
!!
21 Vl
117
r.2,
21'.
II
7l'a
4",.
-A
fl'i
SI
4IU
2 40
nn
100.
i Vb
41'
111
U'i
21't
7W
117
r,2a
i.
11
71 .
4
7',
7V,
MV,
s,",
44'
01s
BONDS.
Last pre
snie.
I20ii Am a a 1.1 r,s. -,'i
irsiO lialduln 1st is.loi
1W Cam S acrp MO U7Kj
UJ do scrip 1017. 00
100,1 Hqult 111 Clas 101
2imo t. Nv cons 4'jM ii'IJ.
2f 00 L, V gen co is 4s 87'J
1KHIO I. V K eons 4l;S 07
SOOO I. V onnty Cs 1 1.14
221100 I'hlla Dlec 4s 70
1000 l'hllv 1 lee ,-s l(r-'
11K Peo I'lisi t o 4s 81
1UIH) Wclahach Ca . . 01i
llmiu WNY4.I' 1st 4 10lj
High
HV,,
H7Vl
110
lu-.ij
lll5
8.S
7Vi
1 14 4
80 "4
101 r,
SI
01 'a
10I
Low.
'$
101 Vj
!P7'5
Ott
lll-i's
l!l"S
SS
711'.
Jill',
M
Ol'a
I01
2 40
8-,'il
101 j
07t3
till
1MV&
li'i'S
ss
'7V,
rni
7IH.
Jill'.
81
01 '4
101 1,
Local Half-hourly Sales
10 to 10:30 A.M.
2 Penna
1 II U I . ,
10 V b btccl
H Heading
wn ..
02'4 100 do.
1 Poina . . 52b
10 U S Steel . . 41-,
81 1! (1 I SI
100 IT S Steel
11 I'enna
10 U S Steel . 44U Jim IT S Slccl
2 Eleo Ftorape. 4'i'j 20 do ,
1U U U I at .V) Itndlng
ion u S Steel. .. 44U loo U S btcel
20 Ton Bel.. .4 11-10 211 Tonopah .Mln
12 I'enna .123, Mils Steel..
r do . .. . 62 sou do
75 Tonopah Mln 7'J 1.0 do
IiO.N'DS
71 Cam Steel scrip 1010
IE! (.am Sttel scrip 1017
12 C.1111 Steel scrip mill
200O Leh Val annuity (is
MJOO l.cti N.iv cons 4Hs
10:30 to 11 A. 51.
. 44'j
71 ll-ltl
71 II- Hi
44 J j
lib
4.S?
4
44,
41'.
07',j
Oil
Ouota-
tlons Cits beef. In sets, smoked and alr
drled. 2517211c., Western beef, in sets, smoked,
v.'W.'Uc, el'y Peer, Knuckles ami tenueis,
emnkrd and alr-drlcd, J7H2Si., Western beef.
Knuckles and tenders, smoked. 27JSc . beer
him I1U, lark rnml'. $22 M,fl2.l. hams,
S 1 cured loose. 1 li.BllHe ; do skinned,
lnnso Ij'ji12'C do, do, smoked, ll'fiflla4C .
other hams, MnoUed, city cured ns to brand
ami nerage, llijfflie. Iinmi, smoked. Wst
em cured, 1ttvffl4r do, boiled, bonelrss. iW
21c , I lenle shoulders, H 1' cured. Ioofo loW
lie do smoked loVj'rlle . bellies. In pickle,
nrcordlng to average, loose 12'sWine , hreolt
fost Incon an to hnnd and nvernge city euinu,
17A1V brrakfast barnn 'Western cii red , 1 7ff
lSe : lard Wtstcrn, refined tlerco" llSTUJSr.i
do, do, tubs llTUI'.c , inni. pure city, net
tin rendered In tleree HJfU'.'.'U'.J.V'' pu"
city, kettlo rendered, In tubs, ltiiTTl'ic.
REFINED SUGARS
The market ruled firm, but there wot Utile
trndlm. Ilertncr llsl prices Jtnmlard grai -llllted,
R 0V tine grnnulated, , pop , pow-den-d.
To confectioners' A. fi 8O0 , soft grades,
B.01H.1 OV
DAIRY PRODUCTS
lit' rri. II. Dull and weak for even tiling
except Htrktlv f.inev goods which were In
wall nupplj and stendj quotations West
ern fresh, olld-inckid, treamirj, fanej, spc
rln's lie extra, 2sl'.'ic , exlri llrstB, 2,c ,
fl'nta, 211(20, , second 2lfi2lc , thirds, "Jlfli
22e iTdln-rarked, I7fl0c. as to quallt),
iiMirln nrlntil. falie. .'12c HcrrtKP CXtTa. .'He ,
nriti" 27-'ile seconda 2IH2.V . special fancy
brnnds of prints Jobbing nt :H Hie
IH.f.S Prices declined lSe. per caso un
der liberal receipt" Dimnnd good. Quoti
tlona In freo cases, neirb extras 22c per
I02 ; neorby firsts. ? per nanaani ease,
marb urrnrt rerelpts. Jl si rer case. Vet
em, extra Ilrsts, tl per tase, do , firsts, $1 1
per tase .Southern, 1 21fi." ,",", per case, fancy
selected candled fresh eggi were Jobbed out nt
2H( 20i per doz
CHllKSIl. Offerings ucro only moderate,
but trade as leas acthe and prices fnvortd
bmers Quolntions NV York, full creim,
fall make, choice, WVitnc . do do. fair to
good, Wfiin'ic , do cLrrcnt make, 15'a'rjllle i
do , pirt skims, SfflSc.
POULTRY
l.l K. The market was quiet nnd bnrely
Btfudj, with fuitlj liberal olftrlnnH Ouota
tlont l'owls. HKxITV , porno femev henvy
stntk MkIkt, nll rnoBter', lVrfilZc , thickens,
s ft-meute.l, IhlTc do , Btapffj, lilll'c.,
turkeje l.'tTlTc . ducks lSftlHc . ccese. lL'u
lfc . RUtncns, aa t qunlit. p( r pilr, 7viivc ,
pigeons, old, pir putr. 2"S 10c , do, joung, per
pair. i.1"i?""H
IJItKSSl.l). -Tlin market vtia quiet, hut
firm unritr sinrcitj. Quotatlonn I'resh
klllci fowls 12 to box, dn -picked and
dry-packed, fnncy selrcted, 20- , weighing -I'a
' ma apiece, nc , u i'Ytt- ins apiece, isv-j
GRAIN PRICES RISE;
CONGESTION ABROAD
May Wheat Opened 1 Cents
Highei' and July Showed
Advance of 1 Cents.
CHICAGO, March 19.-Contlmicd de
mands from nil centren caused an ad
vance In tho prlco of wheat nt, the , open
ing of tho grain market this nrn'nf
May started nt li cents higher at 1 BS',,
r ...... i , n nt 1i rents, at
ana jiuy biiohcu u. h - - ;" t,
Jl 2311. Prices went off slightly from tho
high In tho Inter trndlng.
A foreign government has been n. hay
bujer of ensh corn recently, nnd is sun
In tho market. ,
France, Greece, Italy and Holland arc
In tho markot for low-grniio flour, , tio
aggregate exceeding 2,600,000 harrcls.
Sales nt tho scahonrd yesterday wero
over 200,000 barrels. Including ft lot re
cently sold to Spain.
Argentlno shipments of wheat nro three
times ns large ns thoso of last yenr, tho
greater part of which Is destined for tho
United Kingdom.
Hnrvcstlmr In India Is confirming a
good lcld of wheat of fair quality. It Is
seinlofllclally reported that aftor satisfy
ing tho needs of tho population thero will
t. n Inrnn Rlirntllfl RVnllablo for CtpOTt,
but exportation will bo slow.
In Liverpool 43 steamers aro wnltlng to
obtain discharging borths and congestion
Is acute. Jiucn grain nas occn unuiiiiin
for tho last month for an opportunity to
tinlonu.
I.eidlng futures
Wheat
May .
.Ililv
M,it0,nliur
i urn (new dcllve
Miv
Julv
Oats
Mav
Julv
tjeptemher ...,
.a ra
Mav
Julv
lllbl-
May
Julv
entcmbcr . .
Pork
Mav
Julv
llld fAtked
ranged as follows
Tctlil H
Otien. High Low. clo,c
I.rifiij
l.lS'h
1 Mi
1.21'
I. II!
ry) ..
11
III
mil
4ll'il
??fc
l,r.7J4 ICO'.
l.aiii ti.wji,
1.1U. 1 10',
7414
70i
7Ut,
fit", wv, noi;
mi r.T. r,i
4U'j 4 t!8
.ions loci ions no os
,1UIM) 1U0O 10 87 tlOPJ
.10 12 tlO 15
.tin- ior,o
10 73 UU.77
10.12 10 12
10 4". 10 4,1
10.7B 10 7-'
.17.80
1S...U
17 RO 17.70 17.70
18 32 t!8 12 tlS2-
.' Tonopah Mln.
. I.eh Valley . .
.13 "Warwick . ..
II) Leh Nav..
1 do
21 Cam Steel
a do .. .
SO Elec Storage
7? 8 Penna
07 1C U S Steel
u'i 100 Ilaldwin pfd.. II
.121.
44'i
Lfio V s bteel..
7 i'enna
41'j 2
4'i
130NDS
1W0O I.ch Nav ions 4'is
.loon I.eh Nav cons 4 s..
20tn) l.ch Nav .onn IWs .
200 l'lilla ir.ee Is..
20ii0 1-eh Val gen cons 4s
2000 Peop 1'asi t c 4h....
41U 24". rnm Stfel
11 to 11:30 AM.
2" Baldwin pfd.. OW
Wi
Am Oas MWi
2 I'hlla It T t
1 I'enna
10 Am ltwy pfd 100
BONDS
1000 Welsbach Co Ss
AX) l'lilla. Klec 4d
4UT.J
(ll'l
PU-.
liiPi
Ml'i
81
11
62),
,V
40 U 8 Steel.. ,
10 Leh Valley.
5 I'enna . .. ,
BO Phlla Eleo..
38 Uleo Htorage
2 Leh Nav.....
11:30 A. M
trf'i
2niJ
41)
755
BONDS.
1000 Baldwin T.oco Ut Sa....
1UOU0 West N V &. Va. 1st 4s. .
12 M. to 12:30 P.
25 Phlla It T t c 11 100 U S
15 U O I SJ'i
to 12 M.
100 U O I S3V,
1IO do Kit-.
lfio Int I'ow & Ch -i
10 Baldwin pfd.. 0M4
fl Leh Val....07ii-ia
,m5i4
t'tQc , do, T lbs apiece, WllflHc., do., under
& lbs. apiece, 14711 ,c oim, iidis , dry-ptcked
and dr-pa-kcd. Western 43 lbs aplece.lS'c ,
do , do , lbs., litlbc . do , do,, .1 lbs and
undei, 14MUc Old roosters, do -Picked,
14,. Brolllnir chickens. nearb, VA- lbs
apiece, 2J5rJ fe , uo.. fair to good, lS20c.
Western. I'4i2 lbs. apiece, 20fi22c , do. fair
to good I4ttlSo Chickens, drj -picked and
arv-paiked in boxes. milk-!ed, Jl to iu lbs. to
doz . ISt , do , :I7 to 42 lbs doz , lie , do , 4 I
to 47 lbt doz, lb,.., do, 48 lbs doz, 20c:
do., GO lbs and oei, 21c, corn-fed. Jl to Al
lbs to doz, 10c . do, 41 10 47 lb to doz,
17.'., do, 4S lbs to doz., IPe do. UO lbs. and
evil, 2lc Chickens, dry-picked and dry
pac ked, In bids , Western corn-fed. selected.
heav, Hie ; C lbs and oer, lSe., do, do, 1
lb3 , iitfU'sC , do, do, S'i lbs.. Iflijc.: do,
I do. 2 fi I Its, 141c. Turkejs, dry-picked
and dri -packed Pancy, nearby, 22c , do.,
I Western. 21c; fair to good, 1820c: old toics,
10020c.; ducks, fancj. In boxes 17318c.; do..
eruiimrv to i,ooj. ij'iiiuc ucese, nearby, Uv
14c, do, Western, U'&12c Squaba per doz.,
wlilte. weighing 11 to 12 lbs. per doz J12'Q
4 80 white, weighing I) to Hi lbs. per doz ,
ftfWfN l-. do., do, 8 lb per doz.. Jlfli 20
do . do. 7 lbs per doz , S2fI2 03. do . do , 0
tiM lb. per doz.. Jl.Boai 83. dark and No. 2,
tOc.flJl.
FRESH FRUITS
Choice stock- was In fair request and
valuis suicrall viero well sustained
under moderatu offerings Quotations Apples,
J.ew Vorlt, pir bbl lork Imperii). J2a
J, Creenlng, J."S2 73. King $2&0;I23. .Spy.
.'ftl! "5, lialduln, $.'i2 iu, Hen Davis, t T,'w
2 73. other i,ood eating vnrlitles, $1 r,(M2 50.
medium, $lfcl nu, apples Western, per box!
MJil '10. apples, rviaunre and Pennsylvania,
per haniiwr. 3111(11 . Iimons, per hux, -w
2 iu, oranges, Florida, per box, J123BJJ3.
tangtrlnca. Ilorlda. per strap, Jl 50jj2 30.
graicfrult, Florida, per box, 1 21JJ2 23. plnu
upples, per trate Porto HKo, JJ 73W4, 1'lorlda.
J'U I iranberrles, fancy lato varletlis, per
tbl , ,O-l.50, cranberries, Jeisey, per
crate, 23f7ue , Btrawbcrrles. I lorlda, iier
quart, 25ti3Uc
VEGETABLES
Supplies wero fairly liberal and nrliea gen
erally favored buirs. demand being only
moderate. Quotations Whlio pSiatoes,
KJr-j-u,h$L'Tjc".n"r'lanla Buassc.; Maine
4.1if,K;c.. New ork aa to quality. asfllUc .
swtei iiiitatoe.'.. Delaware ner hamper
arge 1.23a I 3d .medium 00S7.V , sweet "po
tutoes, 1 usturn Shore, per bbl " No 1 i'7i ?,
No. 2 II 3011173. sweets, jSri'oi. Por bbl".""
LIVE STOCK QUOTATIONS
ClIICAfiO, .March 10. IIOOS Itccelpts,
17,000. Market, 3iiltc. up Mixed and butch-
r. fi) CmH'I ''I. good heavj, U735iOH3, rough
hsuvj, J. 40S'l '", light, Jd build in, pigs, ifuOO
i(l7u bulk t-U.NtfiUM) .... .1
Beeves J3 731iXMl, os and helfera, I. ,0ft'
7 40, Uxans, filV3rf7 40, calvtj, Hfil;10...
Slli;i:i'-llerelitfl, .VI0 Market steady. Na
tlo and -Western, SG07.S3. lambs. ?i.lOW
U.bO.
NEW YORK BUTTER AND EGGS
Ni;V YOItK. March 111 IMJXTKj;. Morkct
ennler. receipts. Mis pl.gs., extra, Btw. l'lK,r
s-orlng, 211411100., btnto tlair, 27(&28c.; 1ml
ntlon creamery. SHi-'-'l. , -..u
lioas Market iiuit, rccelpta, innoS c-ises,
eMm Ilrsts. 20icl. Prats, IWPt.. niarby
white", 251(20i... mixed color, lu'41J22i1c.
NEW YORK COFFEE MARKET
NKW YORK, JIarcli 10. The coffco market
onencd steady, with futures 1 to I points
abovo tho final jestcrday. Prices follow
opening. close
April '(,11 Illl!iil2
Mav !2J0O21 111 MM! SO
.lino Il221i(i24
July 7JJB7.m 72SSi7'I0
August 1. Illfli.li
Siiitember 7.4.'1?7 15 7 411)7 41
October 747(ii74H
Noembcr 7 5KI752
DeLeniber 7 ,"1T7 37 7.5'fi.',(l
Jnnuar 7 1B7 0.1 7.-.PTf7 r,o
robrunry 7 0307.70 7:iS704
Bid.
Sales, 3000 bigs
LOCAL BANK RESOURCES
M.
Steel..
200 u S Steel
23 Union Troe
i(A Tonopan
1 iu 00
100 do
12:30 to 1 P. M.
III. 100 Ton Bnl
..1011
44V4
1 11-1(1
rroo . a.Vi SI lna Co N Am 21U
h Mln. 7V? 8 Hun U V pfd. 32(i
7 10 Heading .:.,. 1ii
7ft Xt Penna B;SJ
)ii.i rv .....T-... "J "
vu-.tiu, iwteiu jersey.
im;i'ui. u 11 inn nor rvimn i..-i
Wc , do, choice, ntr Jui-lb baa. tlai.nl. a?.
JJ 731f4 73
pasket
v .,
(uc.rgsi,
meuium. rer ino.in. Lair. 7.. An 'an.iJ .l
1,u',y!,4 "aBl.w)c l?,ni Danish per ton
H4ifil7. cauliflower New York, per crate Jl Ti
32 25. spinach, Norfolk, per bbl., tr7Sfi2Bo
Kaie. .-NonoiK, per ddi , Jl IBftl 23. lettuce,
lexus, per bush -basket. 5)c 8J1 21, do, Vinri
Ida per basket, ties S3, beans Florida wax.
... z". m .-- v." " ""., ...uiiuti.
, Kiren.
per nasKei ,"ru ft peas. Florida, per basket:
WJifl, eggn ant Florida nr box. tiflj.ln, cu-
umbers, Morlila per basket. Il30j3. aquash.
BONDS.
40 IJ a Steel
40 Cam bteel
10000 Leh Val sen cons 4,3
4000 Leh Val gen cons 4(5
200 Amer flai ft Klec Ss ,
1000 Eqult IU Oas Ss
1 to 1:30 P. M.
44. 10 U S Bteel.
41V4 IB Penna ...
BONDS.
1000 Phlla Hlec 3s
1000 West N Y & Pa 1st 6s.,
1:30 to 2 P. M.
100 U S Steel.... 447 100 U S Steel.... 4I'C
101 do 45 100 do -UTi
100 do 43 4 Elec Storage. 4'J
100 do 41
BONDS.
1000 Un Hwy t o 4s 734
2 to 2:30 P. M.
52V, 2 Penna
8 Hi JO do
BONDS,
5000 Penna. cons 4bs 1000 t c, 103t
IS Penna, . ..
10 North Cent
. u7U
.103VJ
s.-vj
101'.
lots
SB
DIVIDENDS DECLARED
Chicago Railway Equipment Company, reg
ular luarterly Vt per cent., payable Marcll
81 to stock ot recordIarch 22
Sprinjneld Railway and Light Company,
dividend ot 194 per cent, on preferred, payable
April 1 to stock of record March 22.
MacAndrews 4. Forbes Company, regular
quarterly 2W Pr cent, on common and Hi per
cent, on preferred, payable April 13 to atoclt
or record March 31.
Now York Central, regular quarterly Hi per
cent., payable May 1 to stock of record 'April 1,
Safety Car Heating and Lighting Company,
regular quarterly 2 per cent., payable April 1
to stock of record March 15.
Eastern IJgbt and Fuel Company, rerular
quarterly 2 per cent, payable April 1 to stock
o( record March 2a
DIVIDENDS
LBUIOII VAXW5Y HAILBOAD COMI'ANY
Philadelphia. March 17. 1816.
The Board ot Directors or the Lehigh Valley
Railroad Company have this day declared a,
quarterly dividend or two and one-ball per
cent tor Jl aa per share) on iu preferred stock
to stockholders of record, lurch 27. IBIS, and
a, quarterly dividend of two and one-half per
cent lor Jl S3 per ware) mi Its common stock
to atockboldera ol ttpH March 27, 1815, both
payaile April 10. 1S
fi,rVn .lll h ica.lled.
V. JZ AUl
nisiiusii.
ner carrier. J2f;d 71. beets Florida per 10(1
Lunches J iff i tomatoes Florida, per carrier,
fancy. J2.2KH oho ee. lie-', eelerv. rinri.ii"
per crate Jl 23R2. do . New York, per bunch!
J1.50.
mushrooma, per 4lb. basket,
bOctC
Ask Long Island to Sue P. R. R.
The firm of Dick Bros & Co.. hrokera, acting
through their counsel, Kellogg U Rose, served
foinutl notice on Resident Ralph Peters and
the directors of the Long Island Railroad Cum
pany asking them to Institute suit against
the Pennsylvania Railroad Company for restl.
tuMon by the latter to the former of fundB
which the romnlatnants aliesn havn , mia
approprlated and also for thefrnncellatlon of-1
"I'm" ww.i,iio vc.nwn in inu ruiiroaas
Dick Bros & Co. claim to own and represent
about Ooai Khares of Long island Railroad
stock. The notice sets forth that unless the
Long Iiland officials accede to the demand
mide on them, within 10 days, Dick Bros. &
Co. will Institute suit against the Pennsylvania
Railroad Company and against the 11 dlrectora
of the Long Island Railroad The 10-day limit
will exnlro during net -week The demand
Is based on the acta of the Pennsylvania Rail,
road Company as the majority stockholder ot
pthe Long Island Company
FOREIGN EXCHANGE
NEW YORK, March 10 -The foreign ex
Chang market opened steady, with demand
sterling off U, Relchtnarks were quoted ft be
low the Anal yesterday 1 n
s"'4Sf irancs .Mark Guilders.
Cables , ..70 B 21U my. &i,
Demand 4,70'n S.30& 82jJ s0
Sound Investments
C Consult with us as to our
"sound investments" if you
are looking for securities
showing extreme strength
and good yield. Illustrative
circular on request.
RRAZIER6-G3L '
BANKERS
132 South 15 th Street
Aggregate Deposits Less Than a
Year Ago.
Itio total resources of the f!2 Philadelphia
national bnnkH on March 4, tho date of tho
Htiat onintroller of the currency's call, wero
JI20OI71M.I. compared with J4W 570,167 on
Jlareli 4, 1014 J410.871 3.14 on April 4, 1011,
and J44l.4SO.731 on April 18, 1012
Apgregito doposlta held by tin Institutions
on March 4 thin year were J.t.t.1,rill,:!4t as
against J, 74,014 270 on tho corresponding dato
or 1P14. according to compilations b the
Commercial I.lst and Trlco Current burplun ami
um'IWdPd nrntlta wero 43,U21,(H1, compared
with J4n20ri.44n
1 ho binks paid dividends amounting to $2 -fjr.i)
in tho ono-year period between March
4 1114 and ini5, which compares with 2,
(110,(100 paid In the it-month period between
April 4, lOKI. and March 3, 11)14. Karnlnga
In the same two respective periods were S',
2!e.1'J2 and 3,.1S.012
GOLD FROM CANADA
XB1V YOniv. JInrch 10 An Intorna
tlonnl bnnklnp; Iiouro In this city lias en
KaBed W.COO.OOO nilditlonnl cold In Ot
tawa for shipment to this ctty. It Is
thought that the gold 1b for French ac
count In addition to this. Ijdenburg, Thalman
& Co. havo received $500,000 gold coin from
Ottawa.
PRICE OF COPPER ADVANCED
NEW YORK, March 10 niectroljtio cop
per hns sold at almost lUc tho highest
price nr mure than rt year. This prlco has
not become general. In fact, IT cents has not
yet recomo entirely general, for some offers
at II'h cents still exist,
MINING STOCK QUOTATIONS
TONOPAH STOCKS.
Jim Butler SI .$1
MacN'amara 0.1 ,01
Midway 10 .17
Mlzpah Ext 21) ..",0
Montana 41 ,4(1
Northern Star IB .111
Ton Bel 4 411
Ton r.xt 2t 218-1H
Ton Merger .: 10 40
Tonopah Mining 7V, 7H
llraeup Hula 10 .11
West End 33 .37
aOLDPIBI-D STOCKS.
Atlanta 30 .40
Blue Bull Ot .07
Booth 2fi .27
Bulldog at .ot
COD , 03 .07
Comb Fran 07 03
Dlamondfleld B B 01 .01
Daisy ,,,, .Oil .OS
riorcnco ,.,, .17 .ufl
Ooldlleld Cons is. 111.1(1
(loldfleld Mere ,,,., .22 ,S1
Jumbo Extension (id ,117
Kenauaa 10 ,20
Oro 10 ,11
Sand Ken 07 ,00
Sliver 1'lclc 00 10
MISCELLANEOUS
Fairy Aiteo , 03 .01
Klmberlv 07 .0!)
Nev Hill 24 ,20
Nevada Wonder ...,,...1.65 l.eo
Queries
Why should you be offered
a security on a 5.25 basis
when the interest is nom
inally S? v
Why should somebody
not the maker of the obliga
tion be anxious to sell it to
you at less than the value
the rnaker puts on it, as
evidenced by. the nominal
rate of interest?
In such case is the maker
of the obligation paying the
alleged rate of interest or a
higher one, as indicated by
the basis at which you can
invest?
If the rate is higher than
appears ot the face, is the
financing sound?
Consider these queries and
write for our booklet.
He White Investing Co.
Waaler WheUtone. phlln, Mjrr.
Marti Building.
PWPS
U. S. STEEL REPORT
SHOWS BIO DEFICIT
Hopeful View Is Taken of tho
Future.
One of the worst years In tho history
of tho steel buslnesi was shown In tho
nnnuat report of tho United States Steel
Corporation, Tho company's gross vol
umo of business fell off $233,479,863, or
one-third of tho total business of 1913,
Tho effect of tho business depression
on labor wns Illustrated by tho laying off
of 43,663 men on tho average durlnp; that
period. Tho payroll was cut $41,826,263.
Tho Income account, preliminary flB
tires of which havo already been pub
lished, shows bnlanco of earnings avail
able for dividends of $23,496,76S, a doorcase-
of $57,720,217, or moro than 72
per cent Thoso earnings aro equivalent
to 64 per cent, on tho preferred nnd
nono on tho common, niralnst 7 por cent
earned on the preferred nnd 11.02 per
cent, on the common In 1913.
Tho corporation bIiows a deficit of
$16,971,983 for tho j car, ns compared with
a surplus of $15,582,183 for 1913. Tho cor
poration's undivided surplus at tho ond
of 1911 was $133,201,171. Net earnings for
tho year wero $81,746,517, a decrease of
$6u,42O,09S from 1913. .,,
rioducllon of Iron oro wan 17,034,981
tons, a decrease of 40 72 per cent, from
1913: of plB Iron. 10,032,457 tons, a dpcreaso
of 28 61 per cent.; of steel Ingots, ll,320,4i6
tons, a decrease of 21 per cent ; of rolled
nnd other finished steel products, 0,014,512,
a decrcaso of 27.15 per cent.
JJccrcoso In production was especially
marked In materials used by railroads,
tho production of steel rails being 978,907
tons, a decreaso of 43 2 per cent.
A noto of hopefulness, however, Is
struck by Elbert II. Ornj, chairman ot
tho board, who says:
"Slnco January 1, 1915, thero hao been a
material Improvement In tho bookings of
export business and It Is at present equal
to tho avorngo of tho Inst threo years."
A striking feature ot tho report Is that
tho norago wages paid Increased. All
cmplojes, exclusive of general and sell
ing stnfT, rccolved an average of $2.63 a
day, against $2 83 In 1913 For nil em
plovcs tho avcrngo rnto wns $2 97 a day,
against $2 92. Tho higher rates wero duo
to tho fact that tho general advance In
wages made In 1913 did not tako effect
until February 1 ot that year.
Uctolln follrm
1011
Met earnings
Surnlus for vear
Ilalance appllc for dlvs 2a,4B0,7CS r7,72n,21R
Ilnl. an for com stock rri.mi7.10i)
I'cr rent, bal for com.. 11.01
Excess current assets. .227.201, 730 17.078 l-'l
Totnl surplus .. . 111,20-1,472 lu,dni0-7
llond nnd mort debt. ..0.27,041,11.! .12,2(11
Cnsh on Iwml 01.00J.2S7 11,020 4SJ
An f. earn. fr. new con 10,0000110
tl.xpendlfurcs Iri.:i72,1lil 14,070,170
Inventories ins cil.ftKl H.W 1,7,1s
Wnitcs and salaries pd. 1)13,3711,1107 .14,82)1,201
Iron ore mined, tons ... 17,(H4,tisl 11,70:1470
lllast furnaco prod, tons 10 012.417 :i,H28 27I
Steel Incot pr6d tons . . 11.82(1 47(1 0.82'i,81
4lcel rails sold, tons . H78.H07 028,8.18
Totnl snlca steel, tons., 0,014,512 3,3(',0,.12(l
Aver, numlier employes. 170,'tW 4I,,153
No blast furnaces 125
Deficit.
tAll companies, for maintenance, etc.
Decrease,
$71 (,0.1.llr: $(n,ril7,7JO
1(1,071 P". .12 f54,197
LITTLE CHANGE IX BUSINESS;
COLLECTIONS ARE SLOW
Some Improvement Noted in Iron and
Stieel Market.
Business conditions In this city show
very little change as n whole, although
thore Is slight Improvement noted In so 10
lines, notably Iron and steel and building
nnd contracting, according to the weekly
1 evlevv of R. G. Dun & Co.
Conditions In tho local yarn trade show
but little variation over previous week
Dealers report but Ilttlo activity. Somo
dealers, however, report that they havo
placed falr-slzcd orders for future deliv
ery. This appears to bo tho exception.
Collections aro also slow nnd most deal
ers aio watching their accounts carefully.
The wool markot still shows continued
Btrcngth and prices havo further ad
vanced Owing to their scarcity, fleece
wools aro exceedingly strong. Pulled
wools aro quiet, prices aro firmly held and
tho supply Is small. Tho demand for ter
ritory wools la also moderate nnd valued
firm. Thero aro but light offerings In
noils, which, however, aro In fair demand
and ilrm. AH foreign wools are very
strong.
lmjulry In hardware circle nt this time
shows that thero Is a dlfferenco of opinion
expressed as to existing conditions nnd
general outlook. Some quarters report a
fair amount of business has been trans
acted, whlio others state they havo about
held their own. It appears from somo
sources that tho general outlook Is fa
vorable, while others consulted are of tho
opinion that existing conditions will ma
terially affect this lino ot business for
some time to come.
Tho improvement In the building and
contracting lines, which started the Jlrst
of this month, continues, and thero U a
brighter outlook In this lino than for somo
months past. Somo dwelling operations
have ndded to the volume of building re
cently started, but at the samo'tlmo thero
Is a noticeable Improvement In the altera
tions, additions and new buildings for fac
tories, business buildings, etc. Figures are
roported close and some contracts taken
Indlcato very small margin of prollt.
NEW MINIMUMS IN LONDON
Price Limit on British Consols Cut to
66.
LONDON, Starch 10. Tho Stock Exchange
Committee has received authority from the
Treasury to lesue new minimum prices.
Jo member ot the London Stock Exchange
shall 1) permitted to deal In American stocks
at a. prlco less than the English equivalent of
minimum prices officially ttxed by the New
ork fitock Exchange.
The now minimum price fixed on consols Is
00(4 compared with U8J4 established after the
declaration at war.
COTTON
NEW YOuK. March 10 -The cotton market
this morning waa the dullest In many weeks,
only live transaction:! taking place on tho call
and about as many In the next Ave minutes.
Opening prices were unchanged to a points
higher nnd the tone was stead) . The list re
mained within a point or so of these levels
during the early trading,
Ves close. Open. 11.30. 12:30, 2:30.
March 8 tsi ....
May 8.88. 8 1)0 8.88 .... 8 8.1
Julyt 0.17 0.10 0.15 0.16 0.14
October 0.40 0.40 D.45 0,40 0 43
December ... 0.87 0.00 .,.. .,., '.,
OBITUARIES
Mrs. Mary Weidner
Mrs. Mary "Weldner, wife of David J.
Weldner, a pharmacist at 12th and Jeffer
son streets, died yesterday at her home,
1302 North Broad street, following an at
tack of heart disease. She was In her
COth year, and had been in HI health
for the last four years. Her son, Dr.
Edward Thomas D. Weldner, who Is a
lieutenant surgeon In the United States
army, Is stationed at Pasadena, Cal., and
Is connected with the medical staff, with
headquarters qn the Panama-Pacltlo Ex
hibition grounds. Mrs. Weldner is also
survived by two brothers, Jamea and
Harry Stull, the former a proprietor of
a restaurant.
Charles Thornton. Murphy
Charles Thornton Murphy, deputy clerk
In the United States District Court for 31
years and a member of the United Bta(ea
Coast Survey In the Civil War, died yes
terday at the home of his son, Charles L.
Murphy, 121 South 3d street. He was 78
years old, and had been ill but a few
days. Mr. Murphy, bom in this city, was
graduated from tli Central High School.
At J.no close of the Civil War he became
head, of the Olrard Tube Company later
he retired from the iron business and took
o, position in the district court. He leaves
a widow, three sons and three (laughters,
eleven grandchildren, U survive. Tha
fuuerai aeivicu will ba held, tomorrow
ttf,J
tternoon.at2o'c.ock,aU,;
George P. oidhtm 4
George P. Oldham m . 1
years engaged In t'he mVat H
nwnlngs, and a m.C! mnw(S
directors of tho Oxford Lii
Poor House. MlanddM2l3
now.nnn.; v: :. .r,a.amgn .R
section of thVcitV.'tru.
Phis widow, two son, and W
Tha funeral will i.k.'SS '.
his late residence. 0J1ir,i
Tllrlmwl f lr-.
Itleliarrt .7. ttnw--.' .. ntr
for 15 years was connected' "M
of anrrett, Buchanan ip'N
J. Mr. Hoffner took an .. "
In hospital work, and ha f,V'lr'
readings and lectures n V'.eS
Hospitals of this city. ir. i."ttl
hln widow, Mrs Ophellao Ji2fn,
funeral services win 1.. l". 1
afternoon nt tho Church , r .?
ccnslon, Gloucester City. ' .
Mrs. Emily p..!.,,, !
HOnDHNTOWN, N. J m.v i
Emily Parker died 1 h&Ml
I?!?..8?, Jar?' She was fi?Jl
u,'1" i'arKor, a well-known CW
nnd at ono tlmo proprietor of nT?8'
can House at BortcntowV &W
" cn; ..f0-ur. hfcVl
anTthootlsinarS&a.
been nn In-valid for a mmVS1
-.,. , Iwl .
Captain F. D. Shunk
PHODN1XVILLC, Pa., March ,1 ,
tain Trederlplt Ti 01,,. . -fi
a veteran of both Mexican wS
AVnts. dlod m..ij. .. V,."tOl
Ho wns nn ox.Councllman.MhSl1
and superintendent of the PhSfiS
wonts. 1 ormer Governor ShunsrV.Ti
1111c o. At tho i... .. .1 "U
Cuptnln Shunk enlisted In n. r!l
amies navy, and was with th. XiEM
ilcot when it eruln in .1.. i,.J. iHS
Sea. and. Innlilnntnm. ...1.. ."'usB
KoC"sPuVf U' I,Ungnrlan MU3
Beatljs
ni.I.L. On March 18, 1915,
i
EUjuim
.,u9 -or J0BePh Bell WerU mfiJ
w......ul inn, v.rllliurn, TV. J I..LTsW.
prlvalt. Noith Cedar nu ,n.i'..it,
dclphla. kw7, "4
"MSirm
:. ..a nuii. st"" SSSSSt KJ.
iiv, 01 j- tcmeter
tlllt.NVV
Interment GnwS
LI.L. At Urldeeton. i . u-M'
u. luia, SAItAII A., daughter of Sn
lam W. nnd Eliza U. Cornwell. I&JEB
and friends aro Invited to .IUnj"KaS
ncral services, on aturdi m:,:; !?,
lc' ffni?lrl " ,V.l'i"LV ffionilnij?
Intnrntanl pln, .. e,....w . "I ".''?
,:""" i-"-, . ouuui IJlurtIHa
KSSJCK. On March 17, 1915, MATIlslli
muuiv 01 euienant John E, EnlctriniK
"frvlcea at the residence ot her ftSB
Mrs. .T. Tlinmno U.m ,,v, it.ii.KM
VVynnewood, I'a., on 6aturday, MctblS
?.P m. Interment private. r'
'';y;z:n.. !?" f. ."LV cARou
tlie residence of her son-ln-la, inis
Clor, 2(Mii Mercy st.
iiiil'Ki;. On March 17, 1113, nui
1 p m , trtym 1440 North Urruc it law
ment Xnrihunn 1 PmUrir
I'ltpBpKSK.--On JIarch 18. 1015, C1IJJUJ
ii.""V"""V."'J.''"'..'"10. F' fJI
from 4(H(J lackauanna st . Fnaklorl ii
terment nt Oakland Ccnutery.
GA.SKII.L At Mnorestonn, N J.nlJ
iwutt;, urcn 11, iUL.l& IjUUAH, Klfl
Josenn I.. i.anklll. rnn.ml Mrvtr., mU
held In Uaptlst Church at Mount Hj M
UUVUIUUJ, tiUtit a.U Ut & D, , 1
aitOOKKTT. On SInrch 18, IMS, OEOEn
I. , luslmnd of Agnes Oroekeit (net &
lc). I'uneral on Saturday, March It i
0 ,,u u. in, irom ou rast iiuiamrosap
1 ox Chase. I'a Reaulem Mm it 1
Cecelia's Church, I'ox Oiate, Pi., uDi
ir iniermcnt at uoiy sepuicnre cntii
IIAUNKIt. On March If). 1015. MABI1
uldow of Charles II. Harner FuncrtliH
ino residenco ot ner son-in-lav, JOUI
IIat7, Mill road, Klourtown, i'a., on U
dny, nt 'J p. in Sirvlces and huermnu
Zlon Lutheran Church, W hlterainB. 1
llAItltlH. -On March 1G, 1015, at ho fc
residence, b.1.15 Oreene street, Qermujr
I CATIIAItlNU MeARTIIUn. widow of ft
1 phen Harris, I'uneral service! at Uu
enienco ox lamuy.
HKdAItTY Oj March 18. 1915. CATM'
itl.SC U, vvluow of Daniel Hrtartr.
relatlps nnd frlfnda are Invited to luai
the funeral, on Monday monitor ,4
ociock. at ner late resmence, ui norua
t. Solemn Requiem Mass at St. Anai
Church at 10 o'clock Interment at OUCtSc
dral Cemetery. , f
IIICK8 At Rlvcrton. N J, onMireia
1II1R 11. 11. l.TAf Ct nnn fit lh llfl lfc&!
and 'Martha K Hicks, aged 2 ynuvifS
notice nf the funeral nlll ne ivm.jfjf
lII(.Ni:V. On .March 18. 1915, AUCJL.
wlfA nt Prnnrk A KfirneV TM CKS.
PLnernt on Aiturda at 8 JO . b, J"
4137 Terraco at , Manayunk. RunlHiilU
at St. John tho Baptist Churcn. at !
IniAntvinnr nt lUnlinlniiliir fflmlHT.
lIOrP.NKU. At his residence, til hn"1
at., Gloucester City, N. J., on writ
1U1S, II
Hoffner,
nhonth
J., on Monday, March 52. 2 30 p. m. tjA
leav ea larKet si. xerry a. - -r.
iiu'iit iriuie. .A.. -,Btii,
1CA1TKH. On March 18. MiV.CJJl
at , nire or l"aui ivanae ana """'"(tjis
mie v-aspar anu iwuinw. rr a
I-uneral on Sunday, at 2 P. m., irm.n
North Sydenham at . Iao. Uuenww s.
Vernon Cemeter). .... ,rriVl
urnnri.i r- 1I...1, IR 1915. Www)
daughte'r 'of Otto and Louisa KMW Off
"""ir) . runeral on MonJay. a A
irom iju ortn inn si. w,hw .
private. Chelten Hills Cemeteiy. u.,j
.i.mih,y, on .iiarcn 11, i'",rj Mai
H wife of William O. Lindsay, tOgi TM
year. Relatives and rriencu oi vzfa
attend tho funeral services en Ba;
afternoon, at 2 o'clock, at r w H
dence, S.'IO East York at, lawnutu FJ
vate. East Cedar Hill Lemetanr. -mmi:,
3IcNKMH-On March JJJS!
McNKLIS. runeral from his l TOa
City Line. Chestnut "l"..0?MnS Si
ft. m. Solemn Requiem Ma J lrtTa.
of Our Mother of Conaolatlon at I
Interment Holy Sepulchre ;"? u o
MEIIAl-FKY. On March i 18. I"Xj t,
lute residence. 27S1 J4ut $ m
JAMES A., husband of 'TIUU MWf,
Utoteter). Due notice of the tmtm "
MOOHE. On March 18, 1915' ?.' ''iCUl
residence, B4B North JW" SJ-i.ttif
PAUIIKIt. widow of J1h5.lir5r, l
w.tl... a Ih. funatffll Will DO ". B
MOIIIUHbn March 18. 5fc"iS:w
wlte of John Morris nee Jj'tTmO W
notice of the funeral will J.""' " tM
late residence. 112 bla.T,SlcnWMi
are,invled "tx' Tattend Vh.-funjrfl .
olS. ASPSn March 18. W II r
OLD 1 1 AM, Sr.. "fed M AJ, fftsalf I
Monday. March li. at -. ffprtn" J
Last Cedar Hill Cemetery. ijiifliJ'
TviiHivi.nN On March JTi i"'Mia
RNCHM.. wife of Wf" f" ' t 'Srt
i """".-."'Wr.r'ru'ntv llnfc ArflWBVi
lloucester City, N. J., on Ban l
niCHARD J., husband of OpWaJi
er, In his 72d year. Funeral to
:h of tha Ascension, Clouceitec CW
Min,M n nuuuii. a, . .-
from "UO bast County lwt.---5
Intirmint at Mt. Morlah CemM' jiiH
S0IINKIIE-Qn March 18. "ftjjs
rrSffSi wXj 5
ment Northwooa n"(', Mill"
BILVEIt WOOD On March !, KK, j
daUi-hler or tne i"m'','raii ut KSS
verood. Relatives and I &'" 0, fata
to attend the funeral 'g3rairMr,t
afternoon, at 2 o 'clock P'cfJSir8.1g
residence. 420 Green lane, JW" m
''JK.TJ.nVnnociA U 5?SM
awiVpijijvsssLma
Mrs. uarrio i. ""
died a
March , .!.
r o
eral
nth
L'el
iteulem Mia. l t
Broad and Butler ata., at 19 ""
8WKENEV. On Marcn ", ., ft
8WEH'dafrafo
" '"i"VZ "V.; i,miher.la-iaw
ss iift lSfTSW
Interment private. 19j j ;
TKOVILLO OnMarcli "jJiuSa,
husband p lurrwi . .;-Lflcri!
uid irienas aiso "s h i- CWpSI
r.,. tu TcmDle A. A Q ".";. ut W
Lu Lu Temple A. A Of-i. ja J
bera of the Pr?'l",I?:iiSuJ W,
to .A? 'RS, lSXS:i X. on BffSSi
SSSSSrit I o'eloTk prllr- "
NoAb 'c'dar Hill ftmeury t ,
WDKNEIln March IT .,,
Kintown, FRANKUN Sfrj
NEit. aged CO r"..gl TC
!7?"'v b." viewed t WW
SS Saturday Interment !" ,
Vj
iwBss!u.A-,ass,a tV,
Mlnne . Funerat "fnA M i
NaxberMi, I'a. on Monday --
iw.&rifyg&.
ana son o; 3 fnasi.
White. ReUjTvw od "$
KI JHIWVUV .-..-