"i'iiWWWH ww) mwrniw unyiiimnipSj
SWIWtW
EVENtNG- LEDGEB PHILADELPHIA FBIDAY, APRIL 9, 1915.
11
1EAVIEST TRADING IN WALL STREET SINCE RESUMPTION OF BUSINESS IN DECEMBER
1 iimmm ' MWMPitP
p; UPWARD SWING
UiROUGHUUTLlS!
Is Steel Common Leaped on
foil" vl U,1U'01 0l uetn"
chem.
PL, vorK. April 9.-Slock market
IE-.; Today were on lite largest scale
Sfeff't? Amotion of trntlliiR on the
.'5. last December Demnnfl lor
W. Sal large and this demanil came
&" Z from floor trailers, but from
feL'"ln some places realism
& Tut h "RS ,h0U8.hl to b?i by
M oecuUtow who feared a reaction.
tetite q'ckl tflke" ?." lh?y er
feS Tnd the ntlianco continued
.' for th0 dftV WCt
fetes'ln prls wcrp rap1'' nml "'"
upward, and for the greats part
? us more than a point to seven points,
V?$nnM of three and four points
otucornmon Truly. 'I was an old
HJffif djed.ln.thcool bull market.
gaSorVVcroUed and much excite-
.fnXard to find a reason for
'A'.ritaiith of the market toda. It
. tUlbutcd almost entirely to the
S' i from Washington that Germany
rnllmated to tho United States Gov
E that P" proposals from tho
Kwould be considered Quite a lit
h leUM : was also attached to tho fact
ilUtor unions throughout the civilized
SM considering a Kenernl strike
Sit the continuation of the war
Ki? IneolraglnB bit of news of the
K, which also holpcd the upward
' iir war tho announcement by See-
SttS nnetd. thal tho forc,Bn .trn1
I. lines of the United States now stands
-A SWWOftWO. He also raid that
r,, will, stilt owe us money after tho
Srion the war, which will bo the
S Urns I" history. This but serves to
illustrate the wonderful financial posl-
flonof this country, and tho market was
fiuitk to grasp It
I Eftn of tho most active stocks In tho
Sitrket was United Stntes Steel common,
! 5 din In that Issue being heavy, de-
i 'mint coming from many sources. 1 he
inKck sold up within a fraction of seven
i ,0j(j above the final of yesterday and
S th highest It has sold on tho present
i inovenient.
IBetMehem Steel was not forgotten In
! tha upward scuffle The first sale was
SCO shares at 110 to 1W nsnlnst 105 nt the
hcttia yesterday. The price later fell to
i 1(8 nd leaped back to 115, and devoted
: .... .. e thn Hnv n liimnlnrr nrounrl in
w Irregular fnshlon, but staying above
tut night's close. In view of the 3'A.
Mint lump jeslorday, considerable In
tereit attached Itself to tho stock, but
"many houses show ed a disposition to lot
It alone,
EIn connection with tho advance In
United States Steel common and Bethle
leiri Steel, It was rumored before the
Hoie that the United States Steel Cor
poration had nougni control or iiemic
ttm la tho open market. This was re
jT.fded In tho street ns quite possible.
It? was held by many thnt Bethlehem
Sotild be pressed to tho utmost to deliver
Sir orders, and that tho Stoel Oorporn
ftlon, which Is understood to be tunning
it about 60 per cent of cupacltj. Is in
Tjvery good position with its immense
"facilities to turn out the orders
jJAdded to the already long list of rumors
It id accc-um .or wiu mrciitiui in ocuhkijcui
Jlime another In tho afternoon, and that
jraa mat itick interests mm uuiiviiieu
control of the property. The story in
Jitny quarters was not credited, but
then It seived as something to talk about
: iTthe cause of tho rise. Then there was
I He old story of a squeeze of shorts, nnd
that there (a h larirp short Interest was
ihown in the fact thnt one-quarter was
ld for the use of that Btock. The pos
idiluty of a corner was nlso heard.
New York Stock Sales I
Last close,
MfrsPrddMlne. .. :St,
AMI'-Chalmers J2U
Alllr-Cnalmerjpf 49)
irismateil Copper.. T4
Am Air Chemical sm
Am Ueet bimar 4ft) j
Am Can ..,,, -3
Am Can pf jqu
Am Car AFdy 4h)f
Am Coal Products .... , now
Am Cotton Oil 40
Am Hldo A Leather.... bii
Am Hide A Let cref. ... .inu
American ice
Am Linseed
Am Linseed pf
Am LocomotlTB ...
Am Locomotive pf(
Amfcmeltlni i,7n
Am Smelting n im ,
Am Smelting pf It . 78)f
Am Snuir pf . . . 100
AmbUBar U7jj
Ambteel Foundries. .. . bo)4
AmTel&Tel nu
Am Tobacco ..220
AmTob pfnew 107
Am Woolen lof
Anaconda Copper...... )(
Atchison 10O
AtchTASFpf 09
Atlantic Coast Line.... ln.i
liauiwin Loco
Ilald w In Loco pf . ..
HMtlmureft. Ohio...
Ualtlmorc 4 Ohio pf
Ilithlehem btcel
mi
10M
20
31U
SO
HI
. 00
. .L'.'i
UH
.1ft.
Uethlehem Steel pf 10S
Orooklyn Gas
lirookljn HapTran....
CalTettoleum
Cal Petroleum pf
Canadian Paclflc. ...
Cent Leather Co
Cent Leather Co pf . .
ChesAOhlo
Chino Copper
Chlci Great West...
Chicago Ot West pfa.
Chic Mil. St V
ChlcMll&StPpf ...
CCC&StI
CCCJLStL rf
t tile i Xorthnest ....
Chlcaco It I A. Pacific
Col Fuel & Iron
Col& South
Consolidated Gas
127
loli
13
.1Gj
. ;j
102
SOU
12(.
33,
. 80
12BJ
. no
tw
.128
301,
20K
. 32
121
Continental Can IUU
Continental Can pf
CornProducU
Corn ProducUltcfpf
Cuban-Am busar . .
Uel& Hudson
Del Lack- A West .
Den & Itlo Grands .
Distillers becutltloj .
Krlo
Krlolst pt
Erie 2d pi
Grnctal Electric
General Motors HSU
General Motors pt 101
Goodrich Co !!)
Great Northern pt 1173
Gicat Northern Ore. cts 34 H
GuBficnhelm Ejpl'n ... MJf
llomestake Mlnlns ...116
Illinois Central 10))i
00
.. 12Ji
.. 73
.. 00
..150t
-.420
26)
13
31
...M85i
I Financial Briefs
.MILLIO.V-SHARK DAY
r
pit is reported that the MeNlcnn 1'etio
Jeiim'Companj has closed a contrnct with
uhe British Government for the snlo of
Bj Mexican Fuel Company.
A petition for a receiver for the Coch
RflS Manufacturing Company, carpets
Bii ,cotton fabrics, has been tiled.
Bltvi reported that tho Russian Gov
iRrnment within the last 10 dayB hnd
Tdoiod contracts for JSO.000,000 of shrapnel
Wth the Bethlehem Steel Compnin, nncl
Wat the French Government hnd closed
Iteontracti with the du Pont Powder Com-
PT for nw,000,000 worth of powder.
Tlu New York Cotton Exchange mem
""hip of F. H. Barrett has been sold to
B C Moore for $11,400. an advance of
t from the last previous sale. It is
fiforted that JU.00O Is now bid for a seat.
prominent curb broker stated vestnr.
IT that hnhfla nn. ih l.,..i lui.ln.o.
firing the last 10 days of any similar
iw ainca ne entered AVall street.
H&A. Htgen was abuyer of Cambria
m on the rise. 9
jiFfWft of copper from New Tork, Phil-
nn uanimore for the weeK
Med March 8 totaled 6108 tons, against
m
lame week last year.
lTh nil. i . . ....-
- .,, utup report roaK'9 winter
Omi condition SS.
ftiT.r. . ... , ,-.
Bwtt , .-vmyaiiy nag caueq a special
1 Jr.., . . lusiinoiQora 10 oe neia at
fi?ton. May J, to vote on a proposition
jf," the capital stock by 7,000,000
WKIftOOQ by the sale of 70.000 shares
""accordance With a nlnn r.rnmm.mlnl
LByM board of directors,
PyVJ5 a Bmlth & Co. announces that
Ktodl ?thl'hem seI t lien and
'll'Sl' Vear ndl December 31 the
atUtta Cigar Stores nf Amnrlra nnrt a
'! ' W.5H In surplus, leaving1 that
IBSLl to Bradatreefa exports of
WHS, J? week w8 7,311,000 bushels;
H'1 10.110,000 bushels; last year,
tsSt buihels; since July 1. 318.1M.00O
IWieli: vear a.n onr nil AAA v...i..i r..
RfWiSy11 we 3.081.000 bushels; last
gS.M3.000, last year, 22.000. Corn shlp
B8H ;,ance July I amounted to 23.920,000
BS' -compared with 2,431,000 bushels
" Fioprioq a year ago.
t;RAlLnOAD EARNINGS
JffT trow .... u,u Ml 'ml
3 eMrnias' groj. '.,, 12,Mi,3a 73.1.811
Pt" ...,,,, 2.802.300 12S.SUd
BANK ri.WATJVlC
il1Sy"s.:tts,rv.f.ofnJPar,,l wl,h forr"
rK 1ftl .n. J .n
PiW'm Holfdiy SXI.w4f.nTS
iSoi'v S,AS2'2f' "oltday 30J22.3JI
Urn 181066,319 IfolKUy 31X,t!IAI
, HATES FOR MONEY
" . . SOL
- -i m
sr ,o ". p
iPOHRInV PV-nin
K,JVUK a, 'TV -The lonlra mirtrl
JTIW. nnil stwltex up U
Int HarvCorp
Intcrboro-Met
Interboro-Metpf
International Paper .
Int Steam Pump ....
Irritation topper ..
Kan City fcouthern ..,
Kan City Southern pt
Kreseee
J Kay.ser
Lack btccl
Lchleh Valley
LltKet 4 M Tob pf
Loose-Wiles Bss2d
Louis i.Nashvllla ..
Mackay Cos
Maxwell Motors ...
Max Motors lstpt ..
Mt Motors 2d pf .
Mexican Petroleum
Miami Copper
Minn ibt Louis ...
M inn S. St Louis pf
Missouri Pacific ....
M Stl'&SSM
Montana Power ....
Montana Power pf .
Mo Kan & Texas ..
Mo Kan . Texas pf
National Ulicult ...
Nat Cloak i. buit ..
Nat Knamellns & S
NalLead
Nat Lead pf .
Ne ork AlrUrako
Netada Con
SVN1I1 II
New York Central.,
NYC&&tL
N YO &West
Norfolk & West ....
North Amerlcen ....
Northern 1'aclllc ...
Pacific Mall
lenn
FhllaCo
Pittsburgh Coal ....
Pittsburgh Coal pt .
PussedMeel Car ..
Pullman Co
0
t73i
U'i
I'i
'Mi
2-1'f
o'JJj
121
82
.... 30
...137
llOJi
prcf t,Uh
....nu.
.... 77H
... 4o
... M
.... .VJ
... 71
.... 24)$
.... 17
... 42
.... 13J,
...117)i
... 62
....100H
... 13
... 30
,...123
.... 7o
... 12h
... 12
.lb j
. 70
. 13J
. 00
. bS(
. 31
. 2fh
.10214
. U0H
.10051
. 21
.107
. 75
. sat
. U4
. 33
153K
tilth.
13'1
(7
fan
!0J
:6
07H
Jllli
101VJ
60
0W
31)1
3J
Mi
31
32f
80
,'0)J
7l'i
101
ioa
32
120H
2V0
107S1
17
b2U
100)4
OOlt
100
Wlj
100
.lit
"0)i
115
110
1281
WJlj
10'i
43' (
167),
b7
103
45i
40)1
12)!
34)4
02
127J1
31
00
12S)i
3)11
31
32
121H
13
005
Ul
74Ji
00
151
425
8 .
H
281,
45
34W
m,
147)i
104
535
110
30
0
110
100
72h
10!t
001.
OH
ltj
203 i
25J,
0
l'.O
W
37
IUH
117
t0H
120
78)1
474
iO'i
40Ji
73
21J
17
-l.'i
Uii
11SH
52H
101
13H
30
Uw Cine.
W( j 5
12H
40)(
ran
Sl
45
xti
07
mi
13)4
53
(7
S.'X
40J
35
07H
10
I0)( 101)4
4'l) 49)i
0
30)4
30)4
11
SO).
31X
80
873.
lnl
77)4
101
10
S0H
OX
31)1
31)4
1134
3034
32
80
f0)4
in
77)4
101
108
3:
110)4 120V4
220 229
107lf 107l
1031 11.54
oO'l 32)1
100)4 1001
00! 4 09J4
100
7)4
100
J'i
7t)'
103
IDs
128)1 1281
8'J) l)0)i
10 1GW
43)1 4.'Hi
103h 1C0V4
.'0)4 30J1
100
3SH
100
.4)1
70)
11231
109
1(U
41)1
30)1
1234
00
10.)
4511
4051
12)4
341
!:
120)i 12711
30 30
00 00
128)j 128)4
31 35
10.
32
121
02)
Of.
12
73):
00
150'4 151
42 425
S
7)4
2GK
43)4
34 H
140
31
32
121)4
C24
00).
1311
7434
00
8
7K
28),
1481
34H
149)
SHARP ADVANCES
IN STEEL SHARES
Local Mnrket Broadened Under
Stimulus of Penco Talk.
Public Interest Increasing.
145)1 145)
104 104
50)j
118
34)4
55
110
6:
118
3534
fO
110
100)4 109'4
)i 72),
1531
0731
1)34
m
28)i
24)4
5S'
lSa 1-0
83 KI
30 37
13031 14 l)j
117 117
10)4
0834
0)i
Hj
:9)i
25)4
50
OxershadowlnB Ml elBe on the Philadel
phia Stock KxchanKe today wns the
heavy t null 11 w and rapid ndvance In
t'nlted Stales Steel followlns: the example
set by Wall street. UurliiR the first hour
nlone more than 1200 shares chnnied
hands, whereas the dealings In nil the
other stockn combined during thnt period
only renched r total of about MO. As
tho daj ndvnnced, however, tho whole
nun Wet broadened oat materially. Oddly
enough Steel reached 5JV. In Philadelphia
before It touched M In New York. A
(Ivo-point Jump occurred In JJaldwIn Com
tnon, while the Anthracite shares also
moved Up Total sales of United States
Rteel today amounted to approximately
15,000, and tho entire day's total transac
tions were the heaviest since the close
or tho exchange In July.
The general tone was distinctly strong
on the peace rumors emanating from what
wero said to bo inspired sources In Wash
ington Electric Storace nattery ex
tended yesterdcy's gain and Cambla Steel
nlso rote sharply In sympathy with the
Jump In t'nlted States Steel. Hapld Tran
sit moved up to 11. About the only weak
feature wns Lake Superior, which made
a new low rword at 6. TheMocal bona
maiket was nultt lively for n lime. In
terstate Is opened at 69 and moved up In
successive sales to 53y. Philadelphia Com
pany 5s rose to 81H. and thore was also
good domand for tho Philadelphia Klectrlc
Issues as well as Pennsylvania U4s.
The Improvement In Hapld Trnnslt was
accompanied by a report that the gros
earnings for March would show nn In
crease of about J7S.0OO United Hallway
Investment 5s lose a noint, nnd Phila
delphia Compan common two. The pre
ferred advanced two and Asphalt pre
ferred three.
Brokers continued to report an encour
aging Increase In the public's Interest In
securities, both bonds nnd stockR. This
Is onl) nntural In view of the speculative
opportunities which have presented
themselves ot lato, A wldo ndvance, such
as has been enjojed by Uethlehem Steel,
attracts attention, and Is apt to develop
activity In other Issues. On the whole,
hiokers say comparatively few people
have made much mono', out nf the stock
mnrket throughout Its steady advance
since It reopened for business. Gossip
has it, for Instance, that no less than
three different pools operated successively
In Uethlehem
The original pool is said tn have sold
out long ago and some of Its members (Ue
reported to have gone short of the stocx.
A new pool wns formed and ndvnnced the
price still higher at tho expense of the
first operators. This second crowd, ns
the story goes, closed out from 90 to
par, and tho last rise was begun by
still another group. Whether tho story
is true or not. It is generally acknowl
edged that tho public at large ncarcelj
participated at nil In the advancing
mnikets until tho last few weeks, when
brokeiage houses began to till up and
tho 'volume of dally tiansnctlons on
I chnngo began to assume xumethlng like
I their old-time proportions.
New York Bond Sales
ltllh
101)4)
88
8SH
.M
1W
01)1
8-
lOUh
w
M
!Al',
1U)
Ivm,
. OV
I--.
.Sill
I It, I
74t
G0)4
no
7831
44h
StJ-4
30)4
70W
243
1031
41
13)4
1173.
52)1
101
1231
;I5J4
(SOU
120
7b51
4.h
tdii
40J4
73
24)4
10)4
41
1154
lib)
52)1
101
13)4
30
Sales in Philadelphia
Quicksilver pf 1)4
ltybtecl bprlnz 2U4
Bay Con 20J4
Iteadlne 14514"
Hep Iron & Steel 24)1
Hep Iron itteel pf ... &1K
Hock Island Co )4
Hock Island Co pf .... 1)4
Itumely Co 4)1
IlumeJyCopf ......... 114
Uaboard Air Line 15)4
teatoard Air Line pf.. 40
tears Koa& Co 138)1
Sloss-SnefS&LCo ... 32)4
btL& S Fran 3
St Louis Southwest .... 17
fcouthern Pacific 8
Southern Paclfto tr .... 9014
touthrenlty 1)4
fcouthern By pf 67
btandard MMing 54
btaodard Milling pf 70)4
btudebaker Co 63) i
btudebaker Co pf 101H
Tennesson Cop ........ 3134
'ieiajL'o 143
Texas & Paclfio 15)1
'lDlnt Avenue IW
Toledo St L&W 2)
TwlnCltyBT 97
Union Usui Paper .... OH
Union Paclfio 12031
Union PacUla pf '80)4
UBlnd Alcohol 27
USOIP & K 10
USOIP & Fpf 34
United Bys Invest .... 11
United Hys Invest pf .. 20)1
Uhllubber t8)4
U S Rubber lit pf 10J
Ub bteel --OK
Obbteelpf 107
Litab Copper 57
a-CarChem 24 M
Va-CarChem pf 01
U abash,. ,,.,......... 1);
Wabash pf 2M
V ells-Fargo Exp 18
Vustern Maryland .... 20
mleia Union ........ H
V utiughouse Klecttto . 74
t Wlitnertind ...... .131
WUlyi Overland pf....l03
Vi lu wtii ,.,.,,..,. I. K0
Wcolworthpf ,.,......118)1
125
73
14)4
1 l)i
109)1
.0
l.t'i
02)i
8731
30Vj
28)4
101
09)t
10ID4
21)4
1(8 1
7 1
2211
b4)4
IMW
155
1)1
25)1
21H
I51W
i6)4
84
131
2)i
5)1
14
iG
41
140
35
3
17
(0)4
102J4
10)1
00)4
5S)i
78
BOH
10J
33
114
15M
14)1
2)4
05)4
0)4
120K
b051
20)4
12)4
42
l.t
33
74
11U
57
100H
tm
25M
9031
1)4
3
OS
20)1
C531
78
133)4
101
109)4
llu
121'1 12
73
13
I2'l
7.1
115.
t.i'j
100)1 10951
.Ml
111
ru
id
Jn
r, it
inn
10
in
2411
iq
no
IM7
l.'il)
Amal Copper
Am nalluaa,.
Amrr Con .
Atcl.tmn . .
Ilal.lwlti l.o'O.
iln pre( . . .
Halt t Ohio. .
Cam irrn .
Cum Stpel ...
Chltio copper .
Con True N J
Yes close
l.l 1.
102'.
:;t
:;4
in
4SU
734,
.0
13'1
50)1
80)4
304
28
103
OS
100).
20j
107
70
21)4
UJ)1
33)4
70
13'4
G.'Jl
871
30)4
28M
103
00)1
10911
2IJ1
107)4
77
212.
U3)f
34)1
153)4 154)1
Df IM
24) 25)1
20M 21)4
140)4 151)4
24)1 25)4
82 84
34 131
1)4 2H
4)1 4)4
12 12
15)1 1531
40 41
U0 130J4
31 34)1
3 3
17 17
t7J4 004
102)1 102)1
18 19
67 60)4
54)4 55)1
78 78
03)4 08
102 102
31)4 31
141 141)1
15)4 15)4
53). 54)
2)4 2)4
05)4 0o)i
uM 6H
120H 120)1
bGJi b0)l
2BJi 20)4
11 KM
40 42
11H U
iO 32)4
U8I1 72H
108)4 109
40)4 57
107)1 100)4
v7H cOH
241
90)1
1
231
98
2U
05)1
75H
131
101
100
119
25)1
001
1H
3
08
20)4
05)1
'V(
133
101
100)1
llf
Baqk
luuk
milk
lirk
Bask
Bank
Uk
Uank
lUnk
Bank
Bank
Bank
Bank
Bank
Foreign Discount Bates
Bank Date of
of Kngtan4 ...
of fcrnc .. .
of Oerioany ..
of Ndalum .
of Autlrla . -.
of Italy ,:
of 3ltrland.
of Kuula '
of Bpatn ......
of I'srtutal
of BweJen ,
of Ponmark
Cf Norway
of KtthtrUnds
ratt.
. 5
.. 6
.. 6
::Svi
., s
a
.. a
J
. . u
. s
9
I
last change.
An. 8. tun
AUJ. 20. 1U11
Dec. i 19U
Aug. 21 lUli
Oct 31. Uit
May V. iU
Spt. 10. 1011
July W. 1814
Jan. 1. 1H
. Mil
Jan. B. 1014
Jan.
'. 2 1? i5TI
AuJ'. s: Wti
DIVIDENDS DECLAKED
CTOiantown Truat Compaar. rsguUr l
ainual 6 par en Pya" ' l w tKfe "
""4. K&P ,,,.ln and Cold 8t0f
Tm
101.1
r.i
172
til
III
till
WD
2U!
ill
"i'ti
3K.1
DTll
111)
800
. 3.1
14718
Ml
lfKI
SO
2IU
SHOO
40
1811
111
1000
itoo
40OII
SO0O
nono
M0
icon
1000
1000
70011
31CCO
vinn
rwno
sooo
2000
ciil It I & PaH
t:tectrlc Storage 40'i
llrlo
Cen Asphalt... 24)
tin prof . . .CI
Ins Cn N Am 21U
Kff Trio Co 14I
Iike yuo Corp. n
:.p1i'b1i Nav 71
l.eliii.b Vallej nsi
alilgh Val Trnn in
ill. pr .... ;tt
M K A T pfd.. .
I 'a Railroad... M !M0
Penra bait Mfg. 81
Pa Steel pfd. . . .
I'hlla Co ... 37
do prof ... 34
rhlla Klectrlc. S3'4
1 n T Tr ctfs. tos
Hep I & S
Reading .. . 7.1' j
Ten Bel h
Un Trae ... . 80
f s S 41'i
N II I ... . 81
Wabash pref
arlck 1 A S 11
York Ity 7
BONDS.
Laat cloe,
Am O El B.. 8.14
Cam Stt acp 1010 OTfi
do 1017 0G
Cam St 1017.... H5
City . ,1041.... 101
do tirM re ...J-l ,
Klo & "."o Tr 4i 78H
Inmnte Kyi 4a. ,.
I. Na con 4Wi. Wy,
1. Val k con 4a. 8TH
1. V CMal .1 ltWH
Mirkat Ht 1. 4. ..
I'co l'aH t o 4.,W
Pa con 4a 1060.1f.!4
Phlla Co con fla. 81
Plilla Eleo 4a.. WJ
do Ss ira
Un By Inv 9a. . 04
W N Vi.P 1" Ra 102
lllsh.
nn
102,
mi
as
Vrk
41
4Sl,
40
71
1,V
Mlj
28'J
sin,
117
I'll,
14'-j
514
7.1
70
10
30
SI
81
fll
:i
.10
-'4
11
741
ail
.111
si
Low Close.
m. m
11C
aij.
tut
"X
iw
7114
41
411
40
ll
21
III
li
,1
-
IS11,
III
.11
:ih
.T
81
IO
37
.'111
231.
loaj
2.1
7.1",,
4
n
mii4
81
31,
JM,
10CO Xmer Ar Sn .
lMx Amer lei ivt 414s
2Uio Amer W rlt l'np to
W.00 Armour t 4'ta . . .
1VOU AlcMeon ad) 4. . . .
'AW Atclilaon cv 4a IMS.
4WU Atcmwn cr 41 1W
loon Ifall M Ohio 8)ja ..
4UUI Bait & Ohio 4a . . .
BUIAI Bait Oh cv 4Vi
ZiuOU Beth titeel lat 6a ..
UtlJ0 Btn Btefl rid o
lUDO BrooKn ItTH...
sow lrrookn II T Ra 1018
Sown Brook L'n Uv 1st S
1U) Cal Uaa A Kkn 0
3.VU0 cent leather lat ,Vi.
VM Cent leather .lHa
KOVO Cant rao 4Vk
83010 Cent I"ac 4a . .
Iuuj cent II It K J .is
2000 Ch A Oti ev 4V4
2wu cnea a unio ii rv
iiuuo Chea A Ohio 5a . 110
21000 Chi ft Eaat 111 5.1 W
10UO Lhl Ul Weat 4a . 78
lOOUO Chi Nun deh 8 '87 110'
8000 Chi A W lnd 4a . 70
2iX)0 Chi 11 i g Joint 4a W)n
1000 cnl B A deb 8a . . WV
ODOiiO U 1U 1' cv Hi rvt.102
18000 Chi M & St I f d 4)1,1 88S
1VAO Cllt M Ar (it 1' cp r. vv.
20f Chi M A St V cv 4Vja 7(,
1000 C I A St ! en 4V 100
lOOO Cnl M A 8t I 4 . PO
2W0 C M A 8 t' Sll L 44. B3
3 (-001 1 Con Uaa c s 11414
1000 Corn ITod Ss '07 .111
won Uel A Hud rfd 4a nl'4
20110 Den A Itlo Gr rfd it.. 47
4000 Detroit fnlted 4!ja. 7tv',
1000 F-tle ennv 4a Fer A . M
82O00 Krle conv 4a Ser B ta
iO HI Steel deb 4HJ.. KI',
400W) Iowa Central ref J M
2000 do It Mi
lixal do R'M . 'Hai
1000 HI Ccntnil tfd 4 . mt
W.Vni Ina Cop cv Ua . . 122
107UO0 In c ict .Id 1 Ra Wit) 12a
13m0 Interb Met 4'is 78s
20tti Interb n T ref .1 07',
Hwi Inter Mer Mar ta . K)
7uu lnd Alcohol 5 I'M.
11000 Japa ntw der Sta 4)ta 7oH
nj k i Vt S & M 4 .. 7VH
,'00 Kan City So lat 3a.. 07li
S.ua l.k h neb la ns lr
3O00 do deb 4s 1031 01 4
10UI do leb 4a 1UJ0 . R
.lai UK & M TC . . I()'a
1H10 do 7 122.,
iwo I-otlllard 7a 122),
8vwi .Minn dt I. 4a .17'.
IW J10 Kn Tex rfd 4a. MIti
Utoil .Ma 1-ai. 4a .... Mii,
MK8) uo e ,1a . . . in
liiW) do a lli.1i , t2i,
,; do cona 18.. .laMi
llHioo Mont l'otr &a. l'1'i
I U I N V Air lirnke ct da. U3
.".Ml N V Cural lino lija .lOO
10.1500 N Y C A 8a w f . . 1UI,
4IK1I do -llsii .. . . h8
IHOII N V Ut H.3 IU00 WIS
il(A0 ill) 4),i. HlU . .. 104,,
won do 4j tutu . . . ntSi
IIK) N V .N II A II 43 '56. 7.1
.HID N li lef 4a . 724
37'IW do adj 3a .11)
1000 N V Ttl gen 4)ia . HH'4
lioni N Y V C A II (4a . 71
3000 Norf A Weat Pnch 4a s
t'li do ci 4a . . .02
S.VK'O 'or I'ac prior 4s . . t'Ja.
0000 do gen .la 04),
IIOOO Pennn .v 3i,e . ll I
to 0 do 4h 11148 . . 07i2
21(10 rnna ri 4Ha ..101
S00O ltn Con Copper Ha 11414
3100 llradlnu sen 4a . . IW.
2000 Rep I A S 3a 03?.
.1 on liotk latnnd 4 . .. VJ
LIOOO do rfd 4a DO',
lttJOOO do .la . .. ni'
1000 It, Siccl hn .li 31 .. til's
WOO MI. IM & fl 4a. . 07
lOuo no gen to V
22100 StI. A S 1' rfd ati 4a Ml
37000 .Seaboard A I. adj .la 071,
1()0 do Sta 4a ... 80',
t.VXi Sou h I'at' 4a . . W
7HMIO South I'nc c 4a . 8.1
SI0O0 do o ret f t 3a 11431. 101,
3.1'jOO South Par rfd 4a .. 83,
UiOi'O South IHvy nen 4a .. iiili
lnOOO South Ilwj con .' . OT,
120OO .Texas Co c Hi. lil'a
W(X) Thlnl Ae adl ,1a . . 771,
iron Toi p.o A iv 11 . mi,
14000 V S Steel .la Hll,
70110 I'nlon I'uc lat la n
23000 1'nlon Par v 4a . .in1,
?mo fnlnn Tac rfd la . s.
iioifl 1 11 na s r la 4ri;
.1000 Wabash 4a . .21
1000 Wnlmah lat la . . inn,
1000 Wnbafh 2d .la . W
iroo Wah EiU ct eta 4a "H,
...X1 West N Y A 13 4, Ti"'.
.Ityn Weal U A M c Sa . 0.T,
lOX) Vct fnlon 4lta . 0.",
Ixtw. t
W1J4
w)i
BO
Ul!4
84
IW
HVi
N
bU
loo
88i
81
,0v4
1A'
18'A
7
81.
iiS!!
B8
78
11US
70l
BALANCE OF TRADE
NOW AT $600,000,000
Secretary Redfield Says Europe
Will Owe Us Even After
Ending of War.
WASHINGTON, April 5. - America'
favorable, Ueccmbr, January. February
nnd March trntle bnlance. necordlng to
figures furnished President Wilson hy
Commcrco Secretary tledrteld today, In
approximately $609 000,000. For the week
ended last Saturday, the report says, the
figures were $21,621.12
Tho Secretary snys thnt the foreign
trade shows no signs of falling off, add
ing: "Undoubtedly our International pos
ition wilt he greatly strengthened as n
result ot the enormous etport trade w
tiro doing, especially with Europe.
"When the war Is over we will owe
Kiiropo less than wp- hae In a genera
tion, and lluropo will owe us, which she
has ncier done before, unit ove us 11 great
deal
"In future less of the goods which we
export each year will go to pay interest
on borrowed cnplt.il and moi will go
toward artunl repayment of that capltnl
directly through the taking hack of our
securities, or Imllrccth through Invest
ments b us abroad
"Hoth of Ihcs- proccsres nve under way
nt this lime. One is shown In the Euro
pean liquidation hero and the other In
the placing of European Issues in the
Amerlcnn market "
TKUST COMPANY RESOURCES
Latest Call for Condition Discloses
Strong Position.
Tlia recent call for the condition nf Ilia
truet companies of thla city revrala ttiam In
an exceedingly etronc position when there la
taken Into conalderatlon the general poor
bualneea condition durlni the ten montha'
period since the laat call and the fact that
moat financial Instttuttona wrote down the
book tatties of Imeatments conaldarabty be
caueo of the decline In the ancurlty markets.
Of jluht trust companlea that h tnada
public their atatcmenta In reipona to Ilia
latest call, five of them ahow more total re
fourcea lhan on June 1 last year, and four
have a larger aggregato aurplua and undivided
profile, altar paying dividends during the per
iod mentioned.
Klve of the eight companies held more dr
pnalta on April .. than on June 1 191 1. Tlit
amount of resources held In stocks ami bondi
cannot be compared exactly for alt the com
panies on the two call dates, because aome of
the statementa for the latest data Include stock
and bond holdings In a general a, curtly In
vestment Item
LONDON TRADING BRISK
Short Term Issues in Favor With In
vestors. LONDON, April 9 Trading was brlik
on the Stock Exchnngo loday and the list
was Irregular. Ollt-edged issues wero
dull. Discount rates paused in their up
ward movement, but the lull wns believed
to be only temporary. Short-termed do
mestic Issues. Japan. Chinese nnd llus
slans were again In favor with Investors.
Insldcis predict a fresh 1 Isr- In Ameri
cans which will enable jour ftnonelers
to distribute large lines purchased here.
TIip group was slightly lower, but the
undertone wns good Theio was buying
of Ornnd Trunks on ilis expectations thnt
tie.M Monday's meetlnc would he lmi
rnonious. Argentine mils w.p sto.'id.v,
olts nnd mines rested. Hubbem were tlrm
In svmpathj with the Htuple
NEW YORK COFFEE MARKET
NIJW YORK, April O.-The coffee market
opened ateadj. futures md further declines
of 2 to 4 points. Prices follow
Todav a Ycaieraay s
,, , opening elnse
V1""'! .7 8.187.3d 7 n7t6T SI
April li.tiw.l.tH
' II (hvb.i n.' .i.mrn on
ope niHirtuo2 n novo 01
"' tin? 7onw7lo
Augun Tinn7 it
September t.Vnft' 2'l 7 v,1V7,2l
October 7.27 T..1I"MS3
Nev ember 7 1ifr7.3T
December 7 log7 II 7 42iJ7.41
Jnnuarv .7.40 7 17-87.I8
February 7 12177 53
Hid. tOerrt. Sales. 1000 bsga.
NEW YORK BUTTER AND EGGS
NEW YORK, Apill 0 -IIUTTKP. -Market
prni. receipts, n. 11 t-ackagrs, extra, 3'c .
higher acorlnir. 32K121ir : State dairy, 3tc ;
Irritation 'reamery. r222He.
t:t30S. Mutket tlrm. receipts. tt nM raes
extra flrata, 2l'to reaular pocked flrets. 21113
fr2'tjc , regular packed nearhv whiles. 23S
2 'jc mixed rolnr S0'fi22c ; Kalhercd relrlg
erilnr rtrsts nearh brown. 22ijfl23c . storage
paiked, 2lfl2Sc
LIVE STOCK QUOTATIONS
CHICAGO. April 0 -lions -Ilecelpts. 1.1 coo.
market 10c higher, mixed nnd butchers, $O.P1
117 10. gnod helVT til WW7 01. rouiih heavy.
$il 704Iiis.1 light. 0S057 10. pigs 8AIHQn7..
b'llk. fit rO'i)7 11.1.
"ATTIjB Ileielrts. 1C00 market strong;
beeves. SI 710IM1O. cos and heifers $.1117 SO:
Tcians .2.17 M. calves, fmivntl
Hlir.I.'l' Ilcelpts. mil, nmrket steaih na
tive nnd Western, 1 1 .infr 2.1, Umts J" riVrt
10.10.
WHEAT PRICES FELL,
THEN ROSE SHARPLV
Both Traders and Commission
Houses Sold, But Heavy Buy
ing Developed later.
CHICAGO. April 9 -Persistent talk of
pence In Hurope In tho near futui was
responsible for a further decllno Hn wheat
prli'is nt Hie opening of the grain pit to
dny. Tinders again sold, as Old commis
sion houses .Mny began the day wit a
Ices of U cents mid July fell a cent
Later, however, heavy buying orders ap
peared and the the close May had rtten
over two points from the opening and
July more than tour.
Minneapolis stocks ot wheat decreased
770,1.00 bushels for the week, against an
Increase of 6J.0OU bushels Inst yeftr.
Export sales of grain nt the seabos.nl
yesterday were estimated nt 200.OW buth
els of wheat nnd 800,000 bushels of oats;
leading futures ranged as follows! a1j
Yeal'd'a
Wheat - Open High. Low Cloe. eljee.
Mav . l.MV 1551 1.M4 'I.51 Jt.id
Julv . 1.21l l.ta 1 21 tl !H tj.H
September 1 0t4 l.lOa 1.081a 1.1QW U.09H
AtnaUaiDHlrd l'ippcr
At hlson
IMItlmore ind Ohio
Canadian Put-Ilk
Chesapeake and Ohio
I'hiraKn .M.l nnd St. Paul
Krli
New YnrK iVnlial
I'euna" Ivanla
It. adlug . .
boutliern railftL'
Inlon I'ailfli
fulted SUlea Steel . . .
-t-lncrcast" liecreafce
lndnn N .
12.11 i:c 1 Iv.
! Atlas Powder Co. to Expand
It heiame known today that the Atlaa Tovvder
I Coiiipaii formerlv an tutesral part of the
1 fowucr Trust his decHed to Increase Its
raplial to JUl.iOO.OiiO by tho creation of S.1,300,
1 MH a per rent, cumulative preferred stock.
t Shareholders will meet nn April 14 at Wll
. inlnaton Del . to amend tho charter lo permit
tho Increase.
I Ihe c'mpanv now h-ts nn prefer! ed stock.
1 Of ih fcincoiO" apltal stock authorized, fl,
' ino.opn Is outstanding.
Mav
Julv .
September
Oats
May Julv .
September
Card
May July
Sentamber
Ribs
May July
September
rork
M.iv .
Jillv
heptembr
7tU.
7.1',
4l,
10 11
10.4.1
10117
10.10
10 4J
.10117
17 2.1
17.70
1S.10
Itld lAsked
71
Ml,
R4
4ij
10.52
to M)
10 7(1
in 10
I0 4.
10.70
17 1.1
17 87
18 20
72U -71'i. tl
7(ltJ 7H 7S
70ll 7TI4 -J
R7
40S.
174 BTV
its ..$
10.11 1C.2S t10l2
10.4; in so no 37
10.87 10 7.1 10 62
10.07 .. no co
10.40 tO 12 10 S3
10.6.1 'WAl 10.00
17 20 t7.R1 1710
17 70 IT.S7 'lr-ej
1S.02 tl8.17 UT.2
GOULD HELD LIABLE
He and Associates Must Pay $5,133,
000 to Wabash.
NEW YOllK, April 9. George J. Gould
.-nil other director of the Wabash Hulls
road were today held personally liable by
the Appellate Division of the Supreme
Court for 5.l23,0CO for stock wrongly Is
sued. They were directed to pay that
amount into the railroad's treasurer Im
mediately. ENGLISH TRADE SMALLER
lJNDON, April n -Board of Trade figures
made public here today show thai for tlie
month of March Importa Increased ""J1J
over the same month In 1011 Kurorts had a
i n-respondtnu decrease of J.1..1..0..1.
up
. .lull,
.170'
111' 1
. H.I
, 51;
: i!!i?i
. .11,
W.
WW,
72;
11-11.
14 S,
;?"'
hit
uv
12i.',
Is
PHILADELPHIA MARKETS
N - COTTON TRADE UNCHANGED
in 11,
PO
ltCT,
:i.il,
toi
no
J,"'
4l,
40
73
M l
SOI.,
28S
L'll'a
07
211,
ll'i
73'
(Kll,
in
.11
.in
54
Hi
till
asi;
.111
24
10's
2.1
741,
IU
:ik
nn
Ri
:
n
8.
WAR DID NOT CAUSE
SMALL EARNINGS, SAYS REA
lllsh.
851.
07ft
06U
ifig
101 U
78lt
go?
871,
82
10,
103
Low, Cloaa.
RSr 8i:
07ft MA
00(J l-3
O114 tiilk
ion, ion?
ionh uiv4
mm
oou
10:i1.
is,f
2?u
bis.
lap.;
f2 Vi
81 HI
.oil! m
HI
1(
(1.1
102
c
Local Bid and Asked
Fatdwln
do pref ,
Cambria Steel
Klectrlc Storage . ..
General Aaphalt . .
do pref ;
Kejafone Tel
do t c
do pref . .
Lake Superior Corp
Lehlfh Kay
Lhih Valley
Lehliih Valley Tr
do pref.
Pennsylvania,
rphlla Electric
Thlla Co. ..
do IS per cent. pref.
do 8 rr cent pref
Phlla Itapld Transit
do t c
Reading; . '
Tonopah llelmont ..
Tonopah Mining . .
X'nlon Traction
United (las Imp
tl S Steel
Yoik Itwy
do Piet
Today'a Yeaterday'a
Hid Asked. Hid. Asked
Itsi, .Ji :K !I'
tlOU 100 l)!l 100
47. 48. 41'i 4lli
,10tt .11 411 4'1-yJ
SlllJ 27 21Jg 2.1
Ul llOlj 53i (II
us ns it ill.
14H 14l 14 144
6.1 tin 0.1 Uii
I'i -I'l h 'S
7.1 " 7il ' 7'lC 7(J
70 70'4 RM, l
1(1 up; 1.1i 18
SOVi SI 30 31
m wh JU as
2H'. 24 -a -A
3Sli SO'.i 37 38
:in ns 3.1 37
.'I'I 4(1 38ft 40
10', 11 10 lOJi
loi; ti io4 iw
TB T&H 73 l-tO 73ii
ft 4H "
7h 7H 7 7H
, 3 37 SSi? M
84 8111 83V 84
3d BiUi 4l)(I 4iW
8U m; Vt J
801? S3 30W 3!
GOVERNMENT BONDS
PM Aakad.
Sa of 1810 registered 88'i P8H
SS or ItM" cnupoi. ,. J7
Panama -a usimim ..,.
Panama nw " reglatared .....
Panama new ;t coupon
8a ot 101K reslatered
8a of IPtS coupon ,.
4a of 10-i.l reslatered
4s of 18J3 coupon .. ...... ..
110
French Bank Gains Gold
PAM8. Arrlt 0. Tht followlns; art tna
Prttcllil U. in Wnt 01 tht Bnk of
nr.nc. .or .... ....-. .. (mne)
add
Stiver ..
Circulation ., .
Urneral . depoaltj
Bills dticountiid..
Trtaaury PpoaiIa
Advance
Anpll A Anrll 1.
4,2.10.000,000 4,248,700,000
378.000,000 77 300.000
11,272.700 000 J1.178,900.0CO
2.370 000 f 2,414.8(0,000
;10 800 000 228,800.000
7i.ooo.noi loioooooo
671.e00.OGq 680,100,000
VT.Lr..lA bills amounted to 2.70U.0C0.000
francs, ssalnat 2,TT1.7UO.r0 a wetk aco. and
i.b7B'.TO0.u0v tvvo weeks ago.
Reserve Banks' Discount Rates
SO or 80 or 80 or Ovtr
last. 60. 00. DO.
Philadelphia
Boston . . .
N.w York .
Cleveland
Kkhmoud .
Atlanta
ChU-aso. . .
Bt Louts, ..
MUtowWll
iaaMM OltV
4 4g 444
4 4 4(5 4 5
4 4 45 B
4 i 4 $
::::!;:i.::.-r f k k
Pnnhnndle President Holds Other
Conditions Responsible.
The annual pamphlet report of the Pitta
lurch Cincinnati, Chicago and St. Louis Hall,
waj Company (the Panhandle) for Ihe jear
ended December 'It, 1011. ahoivs net Income of
S2, '111. 000, osalnst ll,4Stl,tMi In 1011 Thla
was equal to 0.8 per cent earned on tha com
mon after all chargea and dividends on p ro
ll rred
President Samuel Iten, In his general re
marks in the stockholders, save The hual
nca conditions In the terrltorv served b ouf
Unea, ua well na other parta ot tho countrv.
v. ub verj un.ailafactoy during the ear, Ihe
depression In trade becoming more pronoun, ed
If the latter montha, the unsettling Influence
of the Huropean war was n factor, but tha un
derlying causes of the inaatlafactor railroad
situation unfortunately continue to operate aa
they did before the war, and ao rnr ns jour
lines are. .'oncorned. It la to these causes that
the poor allowing for Ihe ear may be at
tributed, rather than lo the war There was
a complete suspension of mining operations for
a long period In asvoral Ohio bituminous coal
fields, due primarily lo new mining legislation
In that Mate caualng differences between the
operators and the mlnera regarding new wage
scales, which a'lll lemaln unsettled In whit Is
known ss the No 8 foal District, ti Iron nnd
ateel Induatrlea were very much depreesod. and
conaeauently the traffic offerlnga from these
sources, which furnlah three-fourths of our
freight tonnage wero much below normal,
while the enpeneea were burdened with iho
effects of arbitration awards and -naateful legis
lation, the pressure lor fuiuro reatrutivn Hern
iation still continuing, although with a some
what abated force "
SHORT TERM NOTES
Other Lines of Local Business Con
tinue About the Same,
There la practkally no change reported to
tho local tutton and jam trnoe, aos Duns
Kevlew Plkea ale reported -i 1 111 ill I
blead), and. while the demand la not verv
avtlvr, conditions are fulrlv snllsf.t um v. and
n gradual linprovcmen. In the business la
antlclpatKl. Ihe local vvool trade ul tin
present time la reported na being somewhat
leha aitlvo than for eome tlnio p ih! whlih
Is now Httrlbuted to the fiut that Hie sinl.
market Is not very atlsfcctnri and tho mttiu
facturvra are not bujlng wool frcclv l"htr
seems tn to a resentment against imvlug the
lili;h pi Ices demanded ManufaeiurciH n e
looking for lower pipes believing hit tioin
I It Ira uf ustrallnn wools and Siurh Amrrlian
wool nre In sight It la reported that hut
lltt'e terrltorv wool Is belrm sold nnd but
little contracting ta being done In the West,
dealrra refusing lo pa tho high prh en ask ,1
A somewhat better feeling exists In Ihe
Iron and steel market and buslneea appears
to ho lomlng In larger volume I'he month jus'
finished vvna reported t linve shown an In
crease In huvlng which rauied nn ndvnmo
In prices to enme dexiee Cons'dcratde busi
ness Is noed for esport and considerable
huvlng Is rerorte.l In finished nnterlal Shl,v
varda ctintlnue to I busv. nnd lommoilvp.
works renort reiotpt of falr-slz d orders,
ihuah general trade In Ihst line remnlns
rather quiet The demand for structural ma-tot-lal
( llcht mn.l rittlroads rnntlntie tn hoi
off to am extent, though anme light onlrrs
are reported Collections are reporte I to
ro fair
GRAIN AND FLOUR
MIIKAT Ilecelpts. 101 4.10 bush There
was n fair cxpor. Inqulrv and with stronger
out.Ule sdvlie m Ices nilvamed lc Quo a
tlcns Car ot 111 export elevalor-.S". 2 led
spot M. Illi 1. ".it No u red UVstern si . &"
1 til. Round lots. In export ele.ator No J
rr.l awl and Apill SI M'-aLOfll, No. 2 r--l
Western, SI imi5lll.n.1ij No. 1 Northern Im
luih. si nun i,7 ,
t'UKN. Reielpta. 3.78t bush Offerlus'
iv en onlv iiKKUr.ite and with Mronger uu -
Kir advices m-icea advani-cd I.e. CJuo'atlons
rnr lot" In ixpiit elevator Nn. 2. hpot anil
April. 7iltI7Tc . steamer 74ts7.HiC No 1.
7t,4t7llji Car lois for lo.nl trade, as to
lneatloli Vn 2 vellnw MM'KIr sleaiiiervcl
Inn 71H7HC. No .'1 sellow. .OH.iC : No. I
vellow. ,4'!l7.ic sample rllu cnfliic., new
ou. M 711 lb. 4l77e
).TS. Ilecelpts, 41,714 hush Demand
wjs fair and pri.es were .c. higher in siin
l!iv vvllli ttl' West guotatlcus No. 2 white.
I.Miitlr., standcrd white, W?ltli.. No. .i white.
llK dull We quote al t lilt? t 18 per
lush , as to qualliv In export elevator, anil ut
itiioifil.lt for small lots ot neiirbv gialn In
ti.t.
Am locomotive. .
Am Tel & Tel sub
Am Tobacco ecrlp
Anaconda Cop Co
Argentine Govern
Argentine Oovern..
Argentina Govern .
Bait 4 Ohio
Uethlehem fc'teel
Ilrook Itan Trnn
Can liclfle III
c & O Ity.
Chicago Elav ltva.
Krle H n. . . .
Erie Tl H
hrie Hit .
General Motor Co
Oov't Hwltxerland
riov'l Hnltaerliin.J
Gov't Switzerland
Int Harvester Co
Larktt Bteel Co. .
I. Sh & M Bo n It
t, Sh 4 M Bo It It.
Mlisourl l'ac Hi
N Y P & II niv ..
N Y (1 &. II Rlv . .
N Y C A II Itlv
W.H, VArlr CltV
New Yorlc City.,
P. C Due. Bid. Aaked,
. IV July 1015 lOOl,. lOOVi
r April llilil 100-ii linn,
H Bent. ints. lOO'J ioiu
.1 Mr. 1817 DOW Ml2
,t . L. i, na it, il: ini.v:
Dec! 10111 no'J 1H04,
Dec 1HI7 IMV, Iftnv;
New York City -
N Y N II II
Ttnna It U conv
fun terv vs t'
h'eaboard A L Ry.
Southern ny
Southern fly
tJ S 8m n & M Co
Union Typewriter
Untied Fruit
Unlttd Fruit ...
1'tah Co . .
W Penn Traction..
4U June 1013 lOOti IOC",
:. Juno ini.1 li in Han,
0 Julv ims n-i no'I
(I Mar 1021 imij innj
1 June 11)111 02 H-"
5 July 10UI tr.v, will
.1 ill '"'i " n'H,
a Oct. 1015 10O. 101
Btt Aurll mi . '',
II ()t inn lov "i'i.
Mar. 101H oo' loo
Mar tins ti7. ii,-ia
Mar. 1l,-li "i" ii.
Feb 1013 UOH IM'.
Mar lull Ii7lj 1
Pept 1013 100IJ 1001.
Dec. 11)11 imiC 101
i.,nA tnis nut or
4U May 101.1 lnO 100',,
.1 fcept. mis I0O44 IikwT
3 Oct. 1013 10014 10O
Rept. 1011 UU loul
6 hept 101(1 lO.'v, 1021.
c. .niv n,i.r .,,
Mav mis nnir innil
May' 1013 ravj
ivt Oct. 1015 loo " looiT
3 Mar 101H 1(41 toot!
K .. lam noli, in,,,
5
3
3
3
Mar loin mm. lOOL?
Fab lnin nni, nni!
Mav 1017 0TH 0'
June 1018 94 U5)i
Jan loin ( iiTU
.1-.. lnl. IMi m,i'
,c.7 ...., ,--. .(..la
May 1018 07 OS (J
April HUT na i
a Mar 1017 04
oo
COTTON
NEW YORK. April 9. Foreign unload
Ins was a feature at the opening of the
cotton market this morning; and an Initial
decline of 5 to 13 points was quickly fol
lowed by further losses, which, at the
end of the first IS minutes, amounted to
about 10 points on all active positions.
The eelllnc appeared to be general.
Private cables stated that liquidation and
continual selling; were responsible for
the bis and unexpected drop at Liverpool,
and an absence of buying- orders was also
a feature. The Qreehut receivership had
an unsettling effect, and Indirectly added
to the declining trend of the market.
Borne covering around 10:30 caused rallies
or about 7 points from the lowest, but
the market remained very nervous.
Yts. cloaa. Opu. Hlah. Low. Close
May .O.ilO U.4S 0.70 11.48 0.7T
July !!.!- .. 0.87 6.77 10.6S O.TT 10.08
Oel! .(,.,,.,,. 10.28 10 IS 10.48 ial8 10.41
HOC '....,.,, 1A.42 10.S8 10.b3 1034 10113
JarTT .,..,.,,,, 10.32 10.48 10,72 10.42 10.70
March ........ .... 10,74 lO.Ta 10.60 10.75
Bool O.M ... , 10.00
DIVIDENDS
LE1UUU
lha Board
Railroad Company
quarterly dividend ot two and one half per
cant, (or II 23 per shart) on M Preferred stock
to stockholders of record. March 27. 1913. and
auirtsrh- divMer-J of two aod ooa-hilf par
ctaal. Ir B S3 par uartl on Its cooajaon atocjt
d.cks 1U be BufcsA x K
TrtOtW-
MINING STOCK QUOTATIONS
TONOPAH STOCKS.
Rid A-kel
Jim Butler - xl
MacNamara 01 .n.1
Midway II I"
Ml i Pli Bxienslnn 2.1 27
Molilalia m 10
Northern Star II in
Tonopah llelmont . 1",. 4",,
Tonopah Eiten.lon .'I',. .I'i
Tonopah Merg'r 1 .12
Tonopah Mining i
llescuo Eula Hi .t-
West Knd -1 .3
OOLDFlEUn STOCKS.
Atlanta in .41
Blue Hull 03 OH
Booth 'T.' .nt
Bulldog 01 .01
r o b 0.1 .07
Comb Fraction 13 .14
Dlamondfield II n 02 .04
Daisy On .OS
Florence .. ill
Goldfield Conaolldated l.m 170
Ooldftild Merger .2.1 27
Jumbo Kutenalon 1.20 1.23
Kewanaa IH .2n
l)ro 'I -12
Sand Ken "" 10
Silver Pick 10 11
MISCKM.AXKOUS.
Fairy Altec OJ .01
Kluiberl) '7 .vl.1
Nevada Hill 2d .2S
.Nevada Sonder '.Mil 2 10
NEW YORK CUKI1
I.radeti
Itrillah-AmerltBii Totacva old.
do new
Cioldt.rld Consolidated
Uraene Cananae
1.3 Itose .
L-hlgh Valley Coal Salea... ,
Nlplislng
Otis Ulevator
do pref
Rlker-Hegvmaii
Sterling Gum
Tobacco rroducts
do pref
I'nlted Cigar Stores
do pref
United Profit ntw
World Film
Yoken Gold
Hid Aaked
. Sl, 8i
la
10
ii'"
in
Tl
Ul
314
37 ,
lliO
UO
121.
lSlJ
..A'"
..ies'
.. Mil,
.. a
,. 3S
.. 38i
..OS
..107H
..111
.. ati
.: S
a,
2n
BAK SILVER
NEW YORK. April O.-The prlca of com
mercial bar sllvtr was Mi. cents loday, with
Mexican dollars st 3Sfc cents
ESTIMATED
EARNINGS
To Invest in a security
based even in part upon esti
mated earnings is to buy a
risk.
The word "estimated" is
evidence .that earnings arc un
certain, that earning power is
problematical.
Safety is founded upon
known performance, proved
capacity and actual worth.
The value of our offerings
is free of conjecture.
It is based upon actual
value of tangible assets, and
the earnine power is, proved
far beyona requirements.
Our booklet treats of earn
ings.
The White Investing Co.
! WfcltQ. Pklla. Mir.
Morris Building.
I l.Ol'lt. -Receipts. IW bids and M3,7n
It'., m eavka. Demand ua light with no Im
portant i hang In plccs Quotations per lint
lbs. In wool Winter, clear. Jtt.:S3ljiS.U). do,
siralglit, tlifi7. do. patent. S7Jfi 21.
k.llias, straight. Jute savks. ll.7S'a7. do,
n.iicnt Jute sicks. 7v. 7.2.1. spring, firm vlcur.
.i7.Vd7 do, straight. S77.25, do. patent.
7L.1il7in. do. avorlto brands, 17 7.1fl, ,tiy
mills. I nice anil fainj pitent, k7 7.11iS, ilo .
lcguliir guides, winter, clear. $t11.15in i), da,
straight. iHOfl7. do patent, S, 67.2.1.
Iti; II. Ill It vvhh itilet and stead).
Hiiore ncarbv and Weattrn, ill wood, ui $H..Un
1, 7.1. aa to qualliv
PROVISIONS
The market was qulot and without Important
cl.auzc ijuoutlina city bcol In seta
eiuukcd and atr-diltd, S.IU'.'tlc . U intern beef.
In eels, smoked, iM"fk , clt tecf knuckles
and tenders, smoked and all -dried. 27&2Sc ;
Western beef, knuckles ana tenders, biuoked,
27)-Jc.. beif hams. 110J2. pork. famll.
sS2.2Stt2'.,.7il. hims, S. I. cured, loose, I.IUtf
13l-jC. , do . skinned, looae, 12i3ftl21,c , do., do.,
smoked, 1.1l,on,i.. other hams, smoked, city
cured, aa to braiui ar.u average, I31affl4c;
hanis, smoked. Western viired, UlitrHc. do.
h'dled. boil lesa. 2l24c . picnic shoulders. S.
1' cured, loore, 10,fillc. do., smoked, 1IH.
10-l.c. . bellies In pickle, according to averago.
loose, 12V.ei2?,c breakfast bacon, as tn brand
and average, cits cured. l?t!ic.: breakfast
bacon, Weatern cured, 17S1SC, lard. Western
refined, tierces. UlJUUc. . da., do. tubs. 116
ll'.c. . lard pura city, kettle rendered, In
tlercea llfllUac lard, pure city, kettle ren
dered. In tubs, 119T1H.C.
REFINED SUGARS
'l here, was little trading and Ihe market
was unchanged We quote Standard granu
lated. ,1.03c, fine granulated. MlOe powdered.
Be., confectlonera' A, !k&flc , soft grades. S.OS
18 5.05c.
DAIRY PRODUCTS
1IUTTKU. Dtmand was fairly active anil
prices ruled nnn under light receipts. Quo
tations Western, freah, solid-packed cream
ery fancy specials. .14c . extra, .12c. extra
nrsta, .lie . firsts. WSIOe.. seconds. :927- .
ladle-racked. Uifr2tc.. aa to nuallly. nearbv
irliits, fancy. Hoc average extra, !4c , flrata,
S'Ul.l'.'c aeionds. 2711200 , special fancy brands
of prints Jobbing at .')42c.
KCtiS were tn good demand and firm.
Quotations In freo taaes. nearby extras, 2c
per dot : nearby nrsts, fil.lO per standard cats,
nvarhy current receipts, JH.1,1 per case, Weal
em extra ftrats, JlWll per cane; do., nrsta. HI 13
per case, Southern .n.1ft! per case, fant)
selected candled freah eggs weie Jobbed out at
2IK2.V. rer dot.
CHKKSK Trade was fair and the mar
ket ruled tlrm under light oltetlns.. Quotations-
New York full cream, fall make
fancy. IJi. ITVjC., do, do, fair lo good, Ib'i.jM
ITc.; do. do., current make. 13ia31Ro do.
do , part aklma. gffUc.
.,
ta-Jld
POULTRY
l.lK.- The market was quiet and weak
lo sell. Quotations )-owls. 16h1U'c.. old
inostcis. f.il2V voung chUkeiis. tojt.meat.
e.l. 17lSc do. do, atagg). HfilSc , lurkevs.
l.117i ducks 11.17. keese. 12iilt)c.; Kuln
eas as to qualitv. per pair. SOtiTOc , pigeons,
old. per lair 21tiaoi do. oung, pec I'alr,
DISESSIJI). There was Utile trading and
th,. nurkct was barel. s.ttov viuuta.luris:
Krcsh-k llc.l fowls, 12 to bu. drj Plckta
an J ,lrv -lacked. aiu sdected. J"JC'
du , --.elenlnj 41.11.1 Ibn aple.e, IsVjiC.;
do. Ii, till I'-s apiece, lSljc. do., 3 lta.
apiece I01J1V . do., under 4 lbs apt , um
1S Fowl i, bbl.".. dr -picked and ui v. packed.
Western, 4.'. Iba. apiece, l.c , do, .o,
"b lbH . I7j4l7lsc . do. do II Iba. and under.
tlSllu Vows. Weatem. Ice-cacked, ITS
llltc Old rooitirs. drv -picked. 1.IV4? Siuabs,
per iloj white wouhlnij 11 lo 12 lbs..
per diu . f J.MH.'W. white, neighing u
'n 10 lbs pc doa. J-l 15 4.1.1; "0 no . s
irs, tcr uoi , t(i.l2i. ,io. do. 7 lbs per uu.,
KfiSill do ilo i.1i'ivt iba per dot 1. 03
1 si. dark mwi Vo " .Vic 1 Frozen poultry
Fowls bb to qualltj. lilfnut vlilt.rns do;
phked and dr -packed. In bcixes nil K-icu,
Cl 111 ItH in ilns . 1ft . do 'I'.il 2 ICs lo S.
1c do, I1ff47 lbs to doi IS do. 41 lbs ft
I to do . 2iic. tin. Mi lbs and ovir .1 , cirn
fox 17c ill 4 lbs to im . Ic do., 10
lha. and over. 20c chickens i r -picked and
drv -tmcked In bbla. U eaten, co n-fed. .1 lbs.
and oer 1Si do., do I Ids 17I7VjC do.
iln ail, lbs. .V,c do. do. V'ljfi'l lb ll
lflc . broilers, ml k-fed. rani v. 1MI24 lb.
tr, box, 27c ilo , rami, l1f?2.) Iba, to
dns.. "J4c. vnrn-fcd fancv l-rt. J4 lta in dot.,
2.V do i rime 21'i O hi to . nn '2c. 1 ur
kevs. dr-phked and dri-iac-ked eanw altj
22c . fair lo good. lR'fl'lV. "id touts ltlK2ilc.
links fancv In boxes I7(r1. . do ordinary
lo good. Uiilik- greso hoke and ancy t3l
1C, do. Nu ll'JUli.
FRESH FRUITS
iiffcrltigs were nulto Iltieral but choir
stock of most descrlptl.ris met with fair tale,
nnd values geneiiills were well sustained.
Quotations App'es New York, per barreel.
1'nrk Imperial 2i'l Clreenlng S'Jff.l: King.
2 73fi.1..') Spv. 2MWn21, Haldwln. J2.VMI
1.2.1. Hen Pnvls SI 71H2 IU other good eating
varieties. t ,V)tl2 3D medium fim.ftn. apples.
Western per box M 2Mi3 anples. Delaware
end Pennsylvania per hamper .lOfJilOe, len.ons,
rrr lev ;ti" Tl nanus Klirlda. per box,
1 vin; in tHiiermes Horlda, per 'Iran,
Jl wiflS.Hi grapefruit Florida, per box l.3lwi
2 2.1 pineapples rr ciate. Porto Rlcp
sifl .10 Fiorina tZfn ranherrlts. fancy lata
varieties, rer bhl f.1 .VltH Ml cranberries. Jar
6ev. per crate "K07Sc . Btra-n berries, Florida,
ier quart. 20815c.
VEGETABLES
Trade was fair and valuea well I maintained
on choice atock of most descriptions Quo
tattont Wnlte potatoes per bush. Pennayl
vanla. MfilOo . Malre, Mfl.lSc. New York, as
In quality. 48.13c white potatoes, Vtorlda,
per bbl-Ko 1. W.SOflH. No. 2. 4 ,101S:
sweet pntHtoea, Delaware, per tumperlJirge,
l.23irf.78 medium. ISOc.Bjt: aweei polatojs..
Kaslern Bhore. per bbl No I, 3.S3e1,2Si N?.
S, l SliWl 7.1. sweets. Jersey, per bbl. No. 1.
1.1 TS(f4 71. No, 2 S21J2..10. snoets. Jtrsav, i,r
baiket. 7.1c 1 23. oniona, per buah . 11 I0l
do , choice, per 100-lb hag. 20S,M; do ,
medium, per imMh bag. $1 1 23tfl..vi; da. tec
...). r.e ino.th has:. 7.1c.fftrtt cabbage.
Danish per ton $13IS. do,, Florida, per
basket, l 3i)tl 7.1. caultnower. New York, per
irai.. S1T3U. ..i. bpinacn, orioia, per ooi ,
:3 SO kale. Norfolk, per bbl., $1 2381.30;
lettuce. Tevas, per hush. -basket, HOOI.Ic.j do.,
Florida, per basket. 7.1c f(f I .VI; beans. Florida,
wax. per basket. S21ini do., Florida, gretn,
per basket. 2ft'l 3. rae, Florida, per .basket.
1i4. eggplant. Florida, per box, StglUh
lucumbera. Florida, per baaktt, a.SOaS'.
snuath. Florida per bajkal, K.23AH psppers,
Florida, per carrier, t2(8 1.2.1; beela. Florida,
per Its) tun 'lies l1 tomatoes. Horlds, par
Jsirter-f-tincv fsMHTtsn. choice. 11 30sla:
ctler Florida, per crate, II 2.12; da, Nt
oik per bumh "IIW-IOc , niutbroomi, per 4.
Ih baaket Wk- 81 Un.
The Next Step
We have come to recognize the necessity of a
city-wide organization for the furthering and
safeguarding of all legitimate trade, and a Great
Chamber of Commerce is now assured for Philadelphia.
The laws affecting business are made by repre
sentatives covering the entire State.
UT
alckel.l'rop.
aalinliln HI a.
A Statewide Chamber of Commerce is therej0"?11
a necessity.
New England is organizing six StatemT, ajjkj
t 1 I 1 J A . ft Am ......... I.- 1
Doay lor Dusiness protection,
Business conditions are such that
cannot: anoru 10 ue.ay.
eud and llalobrldga
jsrry Kdwards. ilgr,
MOOItK
.et, 60c. Arena lies. 70c, f 1.
S
. 1
'Sn,TSi"W Is
r?"5- .
Com
uteiil iMOff Aj a-
ravbM.
awe
:::! t F
L,.k..jas2aasr " ' "" " '' ""'" ""