gmm w EVENING LEPGER-PHrflAPELTHTA, SATURDAY MAY 1. lL- 14 -" , EVENING LBPGEB PHIPAPECPHTAJYggf yL INDUSTRIAL SHARESllEAVILY TRADED IN-CORPORATE FINAI HEAVY REALIZING CAUSED REACTION Liquidation Was Principally in "War Stocks," Which Made Sharp GahiB in Early Session. NEW I'ontC, tony 1 The stock market tgday wb nn Irregular affair. Princi pal Interest was shown In the Industrial group, or the sd-cnllcil "war stocks," and trading: was very actlvo throughout tho short session. Very little attention wna paid to the standard Issues. During tho - early morning wide price changes wero rrmde by tho "war stocks," n. number making gains ranging from ono to three points, and some evon going higher? At the top point reached by tho spe cialties, traders and outsiders took profits freely and a reaction followed, virtually the whole group falling below tho final of yesterday, losses In many enses being n.uito large. Hallway Steel Spring was dno of the' most Important In this division, swinging upward more than 4 points be fore realizing sales Were met, and then the stock lost all of Its advance. About the heaviest profit-taking oc curred In Westlnghouso Electric, largoly as tho result of rumors that the com pany had received only one largo war or der, and this for slightly mora than 427, 000,000. News of another bombardment of Dunkirk by the Germans v. as given as tho principal cause for the decline, as It brought a Inrgo amount of selling orders from abroad. United States Steel common was one of tho strong spotn and acted as a brako to the recession. There was persistent buy ing of this stock and It closed with a not gain of onn point for tho day. Tho weekly statement of tho condition of the members of tho Now York Clear ing House Association was a very Inter esting document. It showed very plainly tho Increased activity In the stock mar ket during tho Inst week. Actual loans roso 130,G04,000, while average loans showed an Increase of 17,009,000. NEW YORK BANK STATEMENT Heavy Expansion in Loans and Deposits. NEW YORK, May 1. Heavy Increases In loans and deposits were shown In today's New York bank statement, the actual loan expansion belnr 10,501,000. while tho two classes of deposits Increased In tho aggregata over 143,000,000. Tho average reserve. Increased 11,014,020, but tho actual figures shonod a decrease of i&SL 600. Total loans wero J2 410.DJMI, with total demand deposits tl,3H 270,000 and time depoilta H26.0SS.00i) The aggregate reserve m S&T2.135 000. Detain follow. Clearing llouso members. average Loans, tncreaao 117,090,000 Deposits. Increato 17.IMU.000 Time deposits, Increase 3,CUI OtO Deserve, Increase l.OH.DJO Clearing Houso members actual Loans, increase $30,604,000 Deposit. Increaso 30,704 000 Time deposits, Increase 3,1101,000 neeerve, decrease 604,500 SMALLER BANK CLEARINGS Week's Total for Country Shows De crease of $30,002,138. Bank clearings during tho last neek were 130,002,13s below the corresponding week last year, the actual total for last week being t3,3(jO,44S,inO A decrease Is also shown from me weeK enaing apth -. ueiaus muuw. 11)15. 1014. P.C New 1 lloaton Phlladeh.hla n,i.i,ro 241,144,8.18 B3,7 14,1180 16, 838,1128 lino. iui4. r.u. York .$1,811,000,713 $1,550,046,034 7.a in .... 120.045,742 121.1W.410 8.J delthla.. 123,875,028 123,121.88 04 ilaltlmore Chicago .... Bt. Louis .... Mew Orleans. l.;no.lB5 1 175.108, S7t 12 4 (tt.SOH.SSU 23 15,527,658 S 4 Seven cities & days ... $2,213,503,537 $2,170,701,703 1.8 Other cltl'S 5 days .. 640,008.747 540,216,200 l.B Total all cities 5 days .. $2,763,500,281 $2,710,020,812 1.0 da ..".... 605,047,878 870,520,35810.8 Total all cities for neek...$3,380,448,lUO$3,309,450,20S 0.0 Local Reserve Bank Statement The condition of the Federal Reserve Bank I Philadelphia at tho close of business ea tarday was as follows nEsovmciis. April 30. April 23. Gold coin and gold car ttf Icat $18,865,230 $14,041,250 Legal tender notes, sil ver Certificates and subsidiary coin . . .1,014,311 4,472,03 Rediscounts and loans. 2.101,427 1,067,120 Investment 2.12U.123 2,167,125 Due from Federal Re serves banks net 007,220 bSl.uis All other resource 107,485 423,571 Total .Capital paid In Deposits Total $25,007,808 $21,622,312 LIABILITIES. $4,408,050 $4,158,133 21,400,753 20,464,200 .$25,007,808 $24,822,312 BANK CLEARINGS Bank clearings today compared with corre sponding day last two sears. 1015 1H14. 1013. Philadelphia, $28,308,024 $33,538,530 $33,85-,,618 Boston .... 35.108,103 24.100,117 20,042,428 New York ..40S.0O3.OOO 807,481,812 4ei!247,183 RATES FOR MONEY E4 Philadelphia Jl New York 1' Chlearo . . 3UQ4 4 Commercial paper, three to six months, Phil adelphia. 3H and 4 per cent. FOREIGN EXCHANGE NEW YORK, May 1. Foreign exchange market opened steady, with demand sterling eft 1-10. Sterling. Franca. Mice. Qld'rs Cabin ,.., 4.70S 5 32 f.24 30W Demand ........ . 4.70i 8.824 ',, 30', RAILROAD EARNINGS NEW YORK CENTRAL. 1013 March gross ..... ... Net Three months' gross.. Net ..,,. ,$22,M4,fi70 . 4.570.780 83,4.13,003 lo! 127,020 PENNSYLVANIA. Decrease. $1.271,M0 .1Sfl,lM 1,313,141 3,018,320 Lines East March oper. revenue.. ..$18,501,614 Net operating revenue,. 2,610,343 Lines West Operating revenue 8,630 477 Net operating revenue , 1,318,538 Lines East and West Operating revenue ,. 27,132,002 Net operating revenue , 4,128,883 Linen East Three months' oper. rev. 51,530,170 Nat operating revenue, 5,104,010 Lines West Optratlni revenue 23.841,787 Net operating revenue., 2,761,007 Lines East and West Operating expenses ., 67,500,130 Net operating revenue., 7,883,827 CENTRAT. RAILROAD OF NEW JERSEY. March gross $2,423,456 Net , , 815806 SurpUs JL'US Nine months' gross 23,600,470 NL , 0.050214 tourplus ... 3,476,022 INTERNATIONAL & OREAT NORTHERN, March grow .-.. $704 007 $10,17T iiancic aner taxes..,.,. oi.zai Nine month' gross.,, 7,107,810 Net allar taxes... .. . 731,845 ATLANT10 COA8T LINE. March gross . . , $3,307,780 Net . 1.220 378 Nine month" gross 23.635,100 Nit .. .' . 5.110.45.: BT LOUI9 AND BAN FRANCISCO March gross $3.803 770 $112,453 Net 1,100.400 274.756 Nino months' gross... . 31,121,1,00 1.W0.JM Net ..... 8.260.719 655.373 MISSOURL KANSAS & TBXAS. ' T&IKU groas $2,784,881 $3T?.38 Kei alter tax 781,241 Nln months' gross . aj-PK-OJ Ki (Ur tax. . ... 7.1ff.?0T &jrplu after charges. . 1,045,405 ST. PAUL. March grot I-?ii-3HS Net . 2.479,008 tNtae moulds" gross... 8j,M3,270 Increase. $1,648,042 214,400 S.12,270 81,303 2,470,221 123,007 3.840,658 16Pn 2,35. J27 243,86a 3,000 010 luo.uoo $101,088 21.501 U.i3 1,347,418 804.578 371.132 75.073 810,006 TU81T $160,871 17.730 4 023,231 2.033.057 1S2.021 M5'Jil 1.5S2 512 1.31S.2H $2tU,ib3 504Tol l.BOT.KS 2 101.4W GOVERNMENT BONDS BW. 2a el 1880. registered Jjt or 10W (.oypoii Panama 2s registered Panama aw 3 registered 4isia B $S fOVPOO. a 4u 1MB registered 9i 111 oittoa 4 of Va& registered .. . i .al 16 cmoa .. , .... f ion, mi .1? Aak. 101( New York Stock Sales List clore. tlleh. Low, Close. Aflt OoM Mlnci .... :8U U ?8'-f .18) AllL'-CMlm Mfg .Ill 1DH tf'l Mi Allls-Chlm Mfg pf ... ,3lf rMi rl'i G2H Amalgamated Cop.t... 77 T7) TG'( 70 Am licet fcuor.it Wi Wi W Mi AmnraksSAF 100)5 102)4 lO.'H 1124 AmnrakeS&F pf ...51 loO lfiO 150 Am Can -i3)( 44 42) 4.l)( Am Can cf ...........100X 100)4 10) 100, AmCarft FmindfT ... 8 fi'J, OS 17H Am Coal 1'roiluclj .... 07 07M l)7M 07M Am t'oaU'roducti pf . . 107SI 101) 100 101. Am Cotton Oil c2 o2H ol'f ll't AmHIdeALeathor ... l,'( 0!i OH Ii Am Hlda A Leather pf. ,'7M 37lf SOW .'CM Am Ice SecurlUa ..... 344 P5 .14 -It Am Linseed pf II 31 31 31 Am Locomotive- COX COM 68W 18M Am Smelt & lief 7 f 73' 72 73! Am Sugar Itoflnln ,...1I2) 1I2M HI HI AmStcol Foundtles ... 40 40 30U 3UU AmTel&Tol 1L'1!) 122U 122X 122!. AmTobacco 2.10 230 2;i3H .'. Am Woolen 31 31 31 31 Am Woolen pf 80X 89J hVH 80J Anaconda Copper 30U Mi 30 30!i AkhT&SF WiH 102U 102H iOlH Atlantic Coast Line ....113U 112 112 112 Dalilwln Loco 60Jf 01H o7! 68 Ualdwln Loco pf 102 10U, 101i 101H naltlmoro & Ohio 77W 77 77 7t naltlmoro&Ohlopf ... 7W 715 71JJ 7H Bethlehem Steel 145 145 130 141 Bethlehem Steel Df 112W 112X 112H 1I2H BrownShoe 20H 27 37 s 27 Brooklrn Itap Transit.. V0!f WH VOJ, U0 Bruniwlclc Term 0)4 7H 7 7H Cat Petroleum 18 17U 17), 17)1 Call'etrolcumpf. 14), 4 IX 4IH 44H Canadian I'acino 10.VX lfiOU 104H lOW CentLoatlior ZOH 41! 30H 40), Chrs&Oblo 47 Chlno Copper 47 Chi & Northwest 130 ChlcagoQtWoat 11 Chic Mill St T 00 Chini&P 2l! Colorado Fuel & I H2H Colorado & Southern.... 30)4 Consolidated Oaj 131 Com Troducts lief UH Corn l'rod Rcf pf 78U Cuban-Am Sucar CO Distillers' becurltlea .... 15)1 DulSS&Atl fi Kile 28U Kilelstpf 4i' Etlc2dpf 37K Gen Chemical pf 109 47 47 130 12! 00 245 33 30 1GU "OH 02 104 iH 28H 44 37H 100 General Klectrlo 101K 102 General Motors. Gen Motors pf Goodrich UF Co Gloat Northern pf. . . GtNcfs for ore prop.. Gujsenhelm Exp'n . .. IntllarvNJ IntcrMet .... Inter Met pf. International Papor.. International Paper pf IntSteam Pump Inspiration Copper.... Kan City bouthera.... Kan City So pf., ..144 145 .10U, 101 . 6lii 53K .ISM 121 . 37 37 G2 02)i 45U 4H 40 47 130 130 12' UH 05f 05U 2 04 245 32H .12J 30 30 12JJi l-5i 14U 14M 704 7D)4 01S 014 15H 10 4H 4J, 28)4 28)4 41 41X 37 37H 103 100 169 ICO 115 ll'i 101 101 51M MM 120'-, 120J 30X 37f 01), .103)4 101M lOOJf 23 72)4 11)4 41J, 0 33'' 20 fi7Ji KrescoHSCo 127 23)i 72)4 11 41H C'i ?3!i 20H 5U54 127 22)i 71f 11 41)5 0! 3DJ 20H 5S!f 127 LacledoGas lOIJi 10IK 104 LaVoErlo&Wost 0)4 S'i S'i LackSteel 45 4'l lfllf Lehlch Valley 113H 11.1H 143 Main ell Motors 52! i i3)i 52H Maxwell Motors 1st pf . fc4J4 b. M Wi Max Motors 2d pf .... 41H 43 41)4 Manhattan Shirt t3H 02)i CO Mexican Petroleum ... 83 8J 85 Mo Kan & Texas 13)4 1314 13H Missouri Pacific 14)4 15)1 14)5 MontanaPoncr 53)4 53 S3 Miami Coppor 27 27 20)5 Nat Cloak & Suit 73 73U 73)4 National Biscuit 121 12-' 121 National Enamel S3 .. 10)4 10'i lt))4 NatLcad ()0)5 70W tM New York Air Brako .. 07!f 08)4 00 Nevada Con Coppor Mi 10 15)4 NYNH4II G7)4 07)1 Ol.)i New York Central 8a)4 88 87)4 NYO&Wcst 32 32 32 Norf&Wcst NatnyofM 1st pf horlii America ..., Northern Pacific .. Pacific MaU Pennsylvania li It. rcttlbone-Mullil.cn , Pittsburgh Coal .... PittsOO&StL 70 70 70 70 Pressed Stcol Car 57)4 50 50)f 60)4 Pressed Steel Car pf ...100 100 100 100 Itybteel Sprlns JSU 40 .0 37)1 llav Con CoDDor 24 24)4 21)4 24 Heading 151)5 151)4 150) i 151)5 02 100)1 2-')4 72)4 11 41)4 0)1 33)4 20)4 60)4 127 101X 851 47!1 143)5 52)4 85)4 41)5 f(l 0)4 1.01 15)4 53 26)4 73K 121 10H CO 00)5 15)1 07 8S? .12 105)4 105)1 103)4 105H 23 20 20 20 i7H 77 77 77 110 110)5 100)4 110)4 22)4 23 23 21 109H 109)5 108 J4 10SJ5 23 2J)4 2J) 23)5 23)5 23)4 2.1)4 2JK ep Iron & Steel 33)1 Hep Iron & Steel pf ltoclc Island L'o Hock Island pf ltumelyM Copf .... bears Itoai, Co , Seaboard Air Lino pf Sloss-ShcfS&IOo .. bouthern Paclflo .... bouthernRy Southern Ity pf Standard Milling b3 . . H . OH .130 . 40)1 . 33 . 03 . 10 . 9 52 btudebakerCo 77 'lennesseoCou 'leiasi. Pacific ThltdAvenuo linlonPadflc USCastIP& y .... U S Cast I P & F Pf United llys Invest ... tolled ltys lav pf ... USUndl Alcbol USUndlAlcholpT ... uo ituuucr 10 15 131)1 . 14)5 . 45 . 1U)4 38)1 . 45)1 . 80)1 70H 31)1 30 30)1 c8 c8 b3 )1 Ji !1 H li !1 OM OH OH 138ll 138)1 138)1 39H 38)1 381 38 02H 18)4 58H bi 77)4 34)1 10H 4.-1M 33 H3H 18)4 i8H 52 80 ..4)4 10H 54!1 132 15H 44H 10H i6)4 45 bO 71 38 02)1 18)4 58H 62 78 34)4 10 H 54H 131)1 131)1 15 44)4 10)4 38 45 80 69H 15 44)4 10H 38 45 bO 09H UOi 103 :5H -'5)4 b 3J)1 09 1H 3)4 CSX 10.1)1 -5H 117 101 117 101 104H 104H 12U 121) UB Rubber 1st pf ....108)4 107)1 10751 107)1 US Steel 6)1 69)1 8)5 60)1 US Steel pf 100)1 110)1 100)5 110)1 US Express 03 08)1 GGi 60)1 utan copper OS', U'J 07i Va-Car Chemicals .... 31)4 33H 32 Va-Car Cbem pf 03 DO 03 Wabash 1)4 2IC 1)4 Wabash pf 3)4 3)5 3)4 Western Union Tel ... 00 GOH Ob)i M estinghouso Jiiectrw auu Western Maryland .... .OH Wbeellne&LK 2 2 vi iiiya umland 117 117 WluytUvulandpf ....101 101 LbiH0iUii) It Co 101)4 107 Woolwortip) 12UH 120 Total sales. 559,300 shares, compared with 466,500 shares last Saturday, this week. 6, 032, (J00 shares; last week, 5,706,000 shares. MINING STOCK QUOTATIONS TONOPAII STOCKS. Bid Jim uutler ., MaeNamara ., Midway Mlipali rSite.iilon Montana .. ., ....,., Northern Star Tonopah lielinont .,.,. Tonopah Extension ....... loqutwil Ji.rr ................. Tonopan aiming Itescue Eula West End .., .. . 07 .03 GOLDFTELD STOCKS. Atlanta .... , .37 1IIUO Uull , 05 Uoath .......,.. .43 llulldof; ...,,.,,,..,..,,,....,,,,. ,03 L. O. D. ......................... ,05 Comb Vw ,. ,12 Dlamf B It .02 nalsy ,,,,, 05 Florence ....,..,,.,...,.,.. .M ,ta , lu , .31 a Asked M U4 .21 .a .40 Ji OoldHeld Conaolldated ,.,,,,.,.. H, Goldfleld Merser ...,..,...,,,,,,. .25 Jumbo Extension Kewanas ,,,,....,. Oro ,......,,,,,. Band Ken ..v. Bler Pick M13CBLLANEOUS. Fairy Astea ,,,. Klmcerly Nsvllilf t :.. Nv Wonder . . . . 120 , ,10 , .00 ,08 .10 .03 .03 .21 1.83 .30 .00 .40 .04 .07 .14 .03 .07 ,M 18-ia .'.a $ :!8 .24 1.00 made mint notes of the Atlantic- arid loosiruciion uonjpanr ana ine li tDKnaai ana Atlantic Birmingham' Defaults on Principal NEW YORK. 3Jay I. Default In principal looay on. toe aa.ioi.ooci collateral oi ine Atiantio and lilrminsbam Company and the Atlanu lilr- AtUnlle llnllmarf Thn Mav 1 Interest will be cald A committee headed hv Ueorge C c lark, of Clark. Dodja 4 Co . was formed seteral weeks ate and requested de posits of theaa note with purpose of bringing about the sale of the collateral behind tbem aa toon as practicable. About 14,500,000 of the notes have already been deposited. GOLD GOING TO CUBA NBW YORK, May L-The local agency of the National tlanlc of Cuba la shipping to Havana 1500.000 told eaties and I3&0 000 In new Cuban void nod silver coin minted at lb Philadelphia mint. ANOTHER SHBAPNEL ORDER CHICAGO May L-Tbs Cblcaao Pneumatic receipt ox orstrx ns aAav aw ij 'SsFl&WI" New York Bond Sales Ss lllzh. Low, 1U1 K'l'4 loo. urn 101 '!, .... WJ4 trrji in l2 11000 Adams l-'xprcss iiiMi -rtmer Acr . .. 17lWr Amer Cot Oil 4'4e . 40W) Amor Smelt Peo Os L'uno Amcr lei tit 4s . IMI tin M I 4li. l(n) Ann Arbor 4s . 4000 Armour Co 4'is lomi Atchlsun sill is 5.IWIO ilo cv 4s 111 W SfKio ilo cv 4 iih, . imjoo Allnn Co Line 1st 4s. h.Ki li.fl .. (UiU Ml.a Max no is . li;4 24000 ill) cv 4'4 Sil lipoon Uoth Steel 1st 5 10 1IMIO r.n tfd fl . . !' .loon Ilrook Itnp rr 5s .IS lno Kioo ilrook t n (las 1st ui .lot !t LUiO Lnl IJas & I. Ice Ss.. . Pita ipwk) Cent lnthT Int fii . w;.S 4VHNI rent I'so 1st 4s . . fit'Ji 8000 Chi fit West 4s ... .j'1 30vO Chi & Nwn coll r,s '8i.ll4 1WX) C H & U Joint 4s .. . l'W 51000 v M it Ht i' tv ." ret loiji MWU U M ft M I' cv 4MS. 0Si 1000 U M St 1' gen 4'is lot fOOl) C M & ! 8 Is . . 0 J50O foil Ons c" l-i . 1I HI Cumberland Tel 5s .. 'p JIMHl IiaI t. Hurl rM 4a . Otvi k,rf ll.t.nll frli. nn 11 r.M.102. r1"."' !fu."" i ..".:'',: .;i nz IKKIU Uetrolt tlnlleil 4'is i,too iis Hecur Corp tm . iOt) Dur.mt I'ond 4VjS Hud Man In 5s 4RVII do rid ." ... 2000 loa Cet.trnt ref 4a. 370" Inn Cop c U TWO Interb Met V, . ooikj Interb 11 T ref Cs. . 1000 Inter Mcr nar via iioto lnrt Alcohol fa 0(100 Lift M Toh 5s . . , 5fU0 do 78 . 4000 Mex 1'et Co Us ?l! inltj 110', 11 . 711 IlllJ 41 .100 MOW ilii 101 101 14 10HH 101S W 1(11 lil MU St .Ills lti 01). miii ,wa 100'. 10(1 t"'S m ". 110 4 Wit BY Ml hi 117 04 '1 102 r, 00 27 W mil M'i 181 70?, UK'S 45 100 lOOU 23lS Clots. 101., 101 1W HI 101 00 VM M.'l Hit isii HWl4 Ul-1 HU lmvj Hl'k 114 10S B8 101 lJ 117 O'.H 1'4'A 102 . 75m, 614 H0. 27t 7I M, 131 70H ORi, 4.) low lUO'i 234 10s 400$ Mex 1'et Co lis 1W,. 108 10 rooo Mo Kan & T ... ' $, iV? 1000 Mo Ken ft T 2d 4s .. "2'5 fA Wi lOWl Mo K & T 4lis ,'' .SI ,',' :..i , ,,.,!. ...101 HKil) Mont 1'oner 5s .... . J!'" 000 Nnsaau Uleclrlc 414s ' t.tfi,, v V I'anal J '5r . U'ln4 r.sTnoo N v f & Hud Oa w 1.104 Khni N I H.'id 27000 N Y C & ".. 'J"' 4(H0 N Y Cll Is lonw llJiO N Clt 4,s ItMKl 1OO00 N V N H ft II Os.. 2(!0 N Y IIW) "I'll o ?7S li7'4 .101 i .110V l'4 201111 Nnrf A ent pvt 4V4.105 5s 07'm ...1IIO . OS'4 ,..101 .. 8S'4 .. IMS 01 '4 ,.. MlJ 31 POJ, HVA 101 i It, 1011 Ml'? 101 01, fJI WU K0' 105S 102 W 101 63U 100 t'Rli. 102 00;. si! Ml Pi 101 ll 75 Ml." 103, xty HO t'!V. lWl'i issfe vi 101 b17 1IIO OR'4 101 04 Hl'J 53 001 sot? n fr.'i rii 10l rai It, ".i 111 iooj5 looji oo'a m' 102 , mi's , 02 0111 , oll , 04 ml r,R 08H im 1024 pn'5 02 0514 20S 11314 "B4 mi, PS' 4 itl. lot in.es. on "4 02 05H 2UH 04 L'7 0 osw ObV? s: weok, t34,74D,OOOj KiniO Nor l'ue Ken ,1s 210(10 I'ennn v i' rmio I'enna 4 1IHH 11300 I'enna A 4'4t IOU0 Tubllo Perv N .1 1000 m-adlne R'n. " .PHI lit',, II "fc '" ' eooo Itock Island 5 .. MOO 7ty Steel 8prtn . ,mu.c. i. r r A Hr, 20(0 Heflboard A U Sta 4s 210pO Houlh Hell 5s 2000 80 l'ncino 4s . 41000 do cv 4s . nsyxi do ret r r o at. ofHin do rM 4s .. . 1 ifO Bouth nny gen 4i.. IKKIO do con rs . 1000 Texas cv is 7000 u 8 lllinocr va 134000 U H Steel 5 nooo union t nt ... -" R00O do rfd 4s ... '.Hiiio a Cnr Clwm 1st 5a 17000 Wnbn ah 4s T4000 do 2d 5s .. : R7O0O elo I.qu ct sta 4s . SdOio Wab-1' Ter 1st et 4 100(1 -Went Mil 1st 4s ... tYl Vt 1? A M CV 5S 'iMini .Alex J2.2.11 000. compnred, r.i noo last Rntuplnv, this la-t week, 133,238.000. I Financial Briefs Now York bnnks lost 38:,O0O to the Sub treasury yesterday At tho special meotlnB of Detroit United Hallroad stockholders the amended proportion of the city street railway commisloner to pay J23.2S5.000 for lines of the company within the onc-faro zone in TJetrolt was refused The matter v.111 now bo left to the Circuit Court to de cide on n fair price for the city lines of the Detroit United Railroad. Tho committee on securities of the New Tork Stock Exchanco rules that when Issued" contracts for New "Vork Central 20-vcnr 6 per cent conertlhlo debentures miist be settled on Wednesday. May 5. The committee 011 Clearing House directs that npeclBl clearance be mado on Tues day. May 4, of Now 1'orfc Contral 20-year 6 per cent, convertible debentures. "Business continues to gain In iltallty. tho rate of Improvement belnff of the gradual hut steadily spreading type, with tiaces and sections heretofore backward falling Into line," says Bradstreet's. Marshall Field & Company say: The arrival of warm weather Is proving a stimulus to the dry goods business. Re tailers report good demand for seasonable merchandise Current wholesale distri bution shows an Increase over a year ago. Tho London Stock Exchange was closed today May Day. The American Ico Company has ad vanced the price of Ico 60 per cent., from 2 to J3 a ton, effective May 1. Commercial failures In the United States this week numbered 447, against 3S0 In the corresponding week last year. The Kansas City Southern has ordered 6CO0 tons of rails from the Algoma Steel Corporation, Ltd, The Robert Morris Trust Company's af fairs will bo Investigated by ihe following committee of stockholders: Irwin G. Lu kens, John H. 'Waters, F. W. Wollorton, Thomas II. Atherton, E. L. Crawford, Morris Lazar, Charles Francis Jenkins, Edward D. Ackley and Joseph U. Frltchey, Lancaster, Pa. Tho committee has organized and will set about Its work very shortly. Accountants will probably bo engaged, At tho close of tha present city admin istration next January, Director of Sup plies Herman Loeb will become president of the new Stato Bank of Philadelphia, a building for which Is being erected at fith street and Passynnk avenue. Director of Publlo Safety George D. Porter will become u, vice president of the bank. Exports of cotton last week were 141,176 bales, as against 61,207 bales. In the same week of last year. Tho exports during this crop year are now but 1,000,000 bales less than In the previous crop year. During April the amount of oustoms collected from dutiable Imports at the port of Philadelphia was $919,722, against 11.679,137 In April, 19M. NOTES OP THE RAIL Proposed Increases ranging from one halt cent to H cents n, hundred pounds In rates on hardwood lumber from Southern points stopped In transit at Buffalo, N. Y., and reconslgned to points East over railroads In that territory, today were declared not justified by the Interstate Commerce Commission. As of April I. 1915, 16 employes of the Pennsylvania Railroad rompany have been placed on the company's retirement list; 44 from lines east and 11 from lines west. Two of the men retired had been In service a half century, they being Wil liam Furman, an engineer on the New York Division, and William MofTett, a ticket receiver at Richmond, Ind. The to. tal number of living retired employes on April I was 4102, of which 3331 were cred ited to the Eastern and 1071 to the West ern linos. NEW YORKICURB Eraden Copper ,,. A British-American Tobaeco. old Ilrltlab-Amcrlcan Tobacco, new.... Ooldfteld Conaolldated ureen cananea, Lu lose Lehigh Valley Coal Eaea rtipiaaios: Otis Klavator OiU Elevator pref RIKer-Hefeman Kterllos Gum Tobacco Produsts I tilled fiiar Store 1 olted Cuar stuns pref l uiiej Prollt Sharlnc sew . "?? 'MMfllM JUAB 4JW .... ..165 a Bid. if 18 31 :8 : 3W . sa 102 uo Ask 33' ' 8 & IS 3 BALDWIN AT NEW TOP; LAKE SUPERIOR FIRM Feverish Activity in Local In dustrial Issues Laid to War order Craze. Industrial stocks continued to dominate tho local market In this city during tho two hours It remained open for business today Baldwin Locomotive and tnko Superior wero tho actlvo features of tho earlier dealings, tho former going to a new high record nt 6H. Later offerings appeared In mifllclent quantities to cause It to return to InBt night's closo, DO, but there seemed to be still considerable do mand for the stock, somo 1SO0 shares being taken. Lako Bupcrior crossed 8, nbout 2700 shares changing hands. Hlcctrlc Storage Battery was also nn nrtlvo spot, but registered compara tively narrow changes in quotation, whllo Pennsylvania Salt extended yestenln s rise another point and Gonernl Asphalt scored a similar gain. in rontrnst 10 tho buoyancy of the mentioned Issues, Cambria Steel developed n reactionary tendency, slipping back a dollar on light offerings. Homo of this was recovered later, but tho Irregularity of United States Steel kopt the stock feverish. Of course, the basis of nil this nctlvity In tho industrial group la the war order craze. It la only sufficient for a stock to Bhow signs of Hfo to hayo tho traders stnrt the rumor ifaotory work ing. To bo sure, In many cases tho re port prove to bo correct, but not always by nny means In a bull market, how ever, llctlon seems to bo ns useful ns fnct when tho pools arc active Tho local bond list nlwo developed brisk trndlng today, especially In Pennsyl vania 4V4s of 1SC0 Tho poor March report failed to affect the company s eociirltlos to nnv extent, despite tho contrast with recent reports of other roads, wich ns tho New lork Central, Tin,iin nnrt I.elilnli Valley Cramp Shipbuilding shares fell .1 points to 27. Tho company nas no ior olgn war orders on hand or In sight, but It Is constructing soven torpedo boat destroyers for this Government, In addition to a largo Btcamshlp and a steel yacht Tho company, on announced recently, has anticipated pavmont on an Issue of notes which does not maturo until April 1, 1916. PHILADELPHIA MARKETS 1 GRAIN The market was firm, with n fair enporl n'rnana, I. In ,rtl. UIIOIIlllU"". out ml ers enowcu iiiim 1,""," n f, apot, car lota, in export eUtalor-No. - refl.ijpjj tl BRfl.n2fNo. 1 red Western. P."', s'l'r,1 .r!ni 111'1!!! "" " .! .W 8 ri JILVneeelpts. 200! I .bush. Trade was '! ro'.'0 1' yW Wl. fc OAVflnecel'plt'lOOJlO bush. ftlcMwer. flrrnlV eldf but Trade lias quiet ul'gi Ho. 2 white, (npn3H5-if!?nl1rcl ,,nlte' ww iraHn., No 3 -Bhlte, MtlflHie ,, .,, nn dull but nrm We ouol at 1"W 1.18 per bush., ss to nimllly, In "Port MJ vntor, and at I,0M11 14 for small lots of near by (train In bnirs . ... nnn 1LOUIL Receipts, 3Tr. bbla and 81 1,000 11.M i ..,l. i.irA urrn flrmlv neiii, nui there ns llttlo dolnir 0nA'?t0.iS!r.tralalit' In wood Winter, clear.- tj 'JEJ, do . '';,u.' t7ff?7 2 An uitent. S7 2iff7 0O. Kanais, It'Slahl. iSle sn?k. 7W7 4S. do, patent, jutf. sacks, jn noff T.xo Sm, clt) mills, choice ami tancy pii'"'" fS2QH-A, city mills, regular grades-winter, clear, ("Mill, do., straight, I7B7.53, do., iiyr r'l.oim aulct but firm. V quote nearby and W estcrn In wood at ?u -oiio as to quality, PROVISIONS Tlio market was quiet and unchanced. tatlcns. City eer, In sets, smoked alr-drled, l"WSttc,, Western beef, In moxea. -otitic ciiy. ocpi, . u-"v. l7.Kwf.7ft. sprlng..nrst, clear, .20. do, ftrniRnt, '!"l,""aSril trnvs-. An. favor te brands, ' Quo- and sets, na emoKeu. ..KI4TI- v,.j. ,.t-'. . i,l:"".;n.u. tenders, smoked and nlr-onea. ''Hn4 t eetern beef, knuckles and tenders smokjd. 27 ff2Kc i beer hims, r31fl 12, rrk, fsrnlly. Wl.r.0 fl!2 nams, 8. 1 cured, loose, MflW'te.! do . skinned, loose, 12V,lS'.ic 1 do, do .smoked, ISHnllc , other hnms. smoked, ,rlV c""2u?i" lo brand and average, 13V814c. hams, smoked. Western cured. lSWffUc.. ,do.. boiled, bony lets. 22ae3.. picnic shou'dfrs ? H. cured, looae. lOfflloltc: do. smoked, lOiflOViC PJ'T ilea. In Dickie: according to av erago.. loose. ii 1 1 .' - - -- '. . a nrinn iiin.n . nrpiTKinfiL ducuiii na if fi" '-". Z. ""Znz. m llra. l,MIBllfll and rn .w snirflrl llWrilP. UiTHNismi . - .. k . . - j. -,;:.-. 1tr.il enn Vlorn riirfld. I TCIlC . laru ..". mora tin. cltv curon . jB5A!! j ti' Sales in Philadelphia 771.4 411! .. r.-i'i ... w ..101a ... G0 -1 U"l 01 38 . n4 .' 7R"i, . 45 "Vi '. '1.1" . 6R'ii 03,, 'iiA. 4 lis ftSVi ni' 102 ro 47 541, fll'i 2" ir.ti 07', SV1 7 3l, '(1'j io',Ni Wi. 0". s5,u o' 2:1 7o' 7 OR .1 imtS .Wis 404 TW 4Tn 32V-J ri 1(12 4I)li 47 r(j Ol'a 27 11 07W TlC .t0((, 501!, ios; ntii, .IS 014 rtnr m ,, Cloe, 7V;J 41V, 3JV ft'i 102 4',4 r.i'4 m 2S i;ii, U7'a R( 71 30(5 r.flu, 103 r.is 113 3S1J III, ml 23 4 "i Ye. close. High. Low; 20O Amal Copper, 100 Am Can '10 Am Ilnllnoys 170 On Id Lncm UO do nrof . 401 Cim 8leel . 100 China oppcr . 60T, Klec Storage 10 Ouggen li-tplo 1-3S rlnn Annhalr. 101 Kestonn Tel Co 15S 15 ao prec . . io:, 273ft Lnko Sup Corp. . 74 11 Lehigh Valley.. 71', 70 Leh Val Tr pf.. 80 8 Mlnehlll ... 50 17 Norf & Weat 3W I'enna R R S4 00 Penn Salt Mfg. 413 Phlla Co . SliO r R T tr ctfs . 100 Ray Cons . . lis Reading 105 Tonopnh Rel . 122 Tonopah Mln . 100 Utnh CdDoer . a Union Trao ,. 1S.1 Tlnllnrf n T 3173 U S Steel , .. 6R' HtHj K 473 Wct Elec .... Si"., fl,i', r.., 1 W Jer & S .. . 40i4 404 mtj 100 vr Cramo & Bon 30 27 27 Tntnl cnlen. 13.32(1 shares, comtiarod 2fl.tl0 shares jestorday; this week. 117,022 shares; last week, 137,510 shares. BOUNDS. Ijist prev sale, High. $1000 Am Ons & H B. ft'i SflV4 1000 Kl & 1'co Tr 4. W 7fit rho I. Nov cons IHs oo'i, 100 loon L Val gn ens 4s wiv, 8i))i .-JXH1 I. Vnl Coal ftn .10IH loiti TICHXI Pa con 4'4s '(10.101 104 I'ioo rhll Co eons Cls S2 Ri' noon do 1st (is . . nit, loo 1000 Read ren 4s . 04'S M', 1000 Snan-Am I Rn .101 101 140OO Un Ry Inv Ba.. 70 70 Tootnl eales. J70 000. compared with $112,202 enterday; this week, 021.441: last week, e3ri4,633. RR .11 Sl'i 7 RR mi; row 02"n 40'4 27 lth Low Close nt sv( 7(H, 100 Sin, 104 V? 101 81 li 100 04(4 lni 70 MIV jfO'J 100 KIU 1H 104 Rl?t 100 04 U 101 id Local Bid and Asked IlaldKln do pret Cambria Steel , iKIectrlo Storaga ... ueneral Asphalt ... do pref Keyrtono Telephone . do t c do pref . .. Lakrt Superior rvirp Lehigh N'm Igatlon Lehigh Valley Lehlgli Valley Trae do pref Pennsylvania l'hlla Kleetrle , 1'lilla Co . . . . do A per cent pref. oo u per cent prer Today bid asked. V RO .101W 103 . 4!4 40 . Kl), S . 27V, 21 v7a Jtap Transit Phlla do t c njadln7 Tonopah Ulmont Tonopah Mln Ine , union iTTwjxioji U U I ..4 ii n nteei ...... York Uvty ....... nn jtrei Kx dividend. ,.,,i,,,w 2.4 ... i"7 yesterday , bid asked, 50 hO 101U 102V4 i 40 ii wis n'i4 R 2R(J 27 i 1.114 ja l.iv n HV5 is 1514 07V5 RR esti 60 R RV, 7J 71, 74 7414 74 74V? 7114 71 71', 72tJ lSlJ 1B, lRl? 1M anil 31 so4 S05J M'5 M B4 51 2I'J 21VJ 24IJ . 24H 38t, 30 B7' 88 34 .TV 34 30 40 10'i 40 41 ft'i n nt 1014 oil n( w? io 78' 75, 7S'J 7Bt 4I 41? 4i a 7 711 71, 7i Rs .1.1tZ flu null Sit, R4 Rljj MSU saii kn'J 30 32 30 32 DIVIDENDS DECLARED National Bank of derrnantown, regular semi annual dividend of a per cent., payable May 1 to stock n( record April 30. Atlantic Coast Line Company, regular semi annual dividend or 2V4 Per cent, on tho pre ferred stock. raable Stay 10. Books closed April 30, reopen May 11 Rock Island Pays Interest NCy YORK, May J.-The Chicago. Rock laland and Paclflo Railway Company has de posited 11,404,000 In the First National Rank lo pay principal due today on 4 per cent, bonds of 1002. Railroad Defaults on Its Donds NEW YORK. May 1. By orders of the Court, the Chicago and Kastern Illinois Rail road, which la In the hands or a receiver Is not meeting the Interest due May 1 on 121, 341,000 general consolidated and mortgage bonda, 1160,00) Evanavtlle, Terra Haute and Chicago income and mortgage bonda, 142,ono Evanavllle Belt first mortgage bonds and the principal of f&O.OOO Danville and Orape Creek Railway bonds. uicuiviur. . "'iVi- "" l.L.Ht.4d. i.i?m Inrit t -.: ...j:. .1 . ,..i'm . nn no., luus. cm renneq nerteti, 11111.71 .'.,2 mlmA In llOHUc. lnrd, pure city, kettle rendered In tierces, HWUVic, lard, puro city, kottlo ren dered. In tubs, 1 Iff 11 lie. REFINED SUGARS The market ruled nrm, but there was little tradlrK VV'n quote. Standard granulated (loir., fine granulated, flc. powdereil. OllMjl confectioner!.7 A. Buoc.. soft grades 0 15 S.73C. DAIRY PRODUCTS IIP ITHR. The market was aulct but prices ruled alendy under small supplies Quotations Western. fresh, solid-packed creamery, fancy specials, 3.1c, extra, die , extra llrsta, iluc Orsls. 2Sa2UC., seconds. 25 27c: ladle-packed UcOJlc , ns to quallly; nearby prints, fancy, 34c, nierngc exlrns 33e . firsts, 2J8llc, seconds, 20J2Sc, special fancy brinds 01 prints Jobbing at .I8?f-llc . 1:0ns were In fair demand and steady with supplies -n ell urder control Quotations In freo cases, nearby extras, 22c. per down, nearby firsts, fd per standard caso, nearby current receipts, f"i S" per caso, western extra firsts, (1 pir case, do, firsts, 15 S3 per case, Southern. JB40Tir70 per case, fancy selected candled fresh eggs wero Jobbed out at .iw-lic. per dozen CHKKSi:. The market was quiet but firm under fmall supplies. Quotations. Jew lork, full crevm. fall make, fancy. 174B174C . do. do , fair to Rood, 10V17c . do. do , new make, 10ic , do , pirt skims, MJKIc. POULTRY I.I i:. Trade as oulet, but values were well sustained. Quotations Fowls. 17(J1,V4C., roosters, 1MU24C . oung chickens, soft meated, 1718c . do do, etnggy. l014c : turkeys, 130 15c.; ducks I3&l'5c.. geoBO, lotfllc , guineas, bb to quallt), per pilr, G0ff70c, Plgeonii. old per pair. 2'iV (Oe , do , oung, per pair, 22023c. UIIEHSllII. Desirable slock was kept well cleaned up nt firm prices Quotations FrcBh kllled fowls, 12 to box, dry-picked and dry pneked, fane, selected, 10c, do, weighing 4'iin lbs nplcce, INc , do , .IMiffl lbs. nplece. 18c, do., 3 lbs. apiece, 16ai7c, do under J lbs apiece. 14fll3c Fowls, bbls., dry-picked and dry-packed, U estcrn, 4t3 lbs. apiece 17',18c., do. do, 3V4 lbs 10'S17c. do do , 3 lbs and under, lltflOc Towls, Ice parked, choice, 171jC Old roosters, dry-plikod, 11V4C Squnhs while weighing ,11 to 12 lbs, per doi.? J3 85S4.S0, white welshing U lo 10 lbs. per doz , S3 25S3 SO. do , do., 8 lbs. per doz., 9. 7Mi. 0.1. no, ao, 1 ios. per oo . Jj'a'.'n.',, do, do., 03fi!4 Ibi per doz, I1.5U0 sj'31'ri.i, ao , ao., udv, 101 per aw, i,awv 1 60. dark, $1 &IW51 GO; small and No 2, 11. rrozen Doultri Fowls, as to quality, 16tP18o,: chickens, dry-pltkod and dry-packed. In boxes, mtllc-feil. JltlAa lhs. to doz.. 18c. do. 3i&4J 43447 lbs. to doz, ;l . j; lu. . .. lull lu UU1 lev,, uu , do.. 4S lbs. to doz.. 20c. ,'lc. . corn-red UintiZ lbs. 47 lbs to doz., 17c. do., do., 00 lbs. and over, 20c and dry-packed, in bbli . 18c: do , 00 iu and over, to doz., 10c, do 4Jt 48 lbs. to doz.. 100.: Chickens, dry-picked -Western, corn-fed, S 10s. ana oer. lea. ao . uo , ids., ni-ino do., do , JW lbs., 15V,a , do . do.. .'bflJ lbs., li BlJc, broilers, milk-fed. fancy. 18321 lbs. to box. 27c. do. fancy, 231 j 19 lbs. to doz., 24c; corn-fed. fancy, 181124 lbs to diz., 25c. ; do, prime, 25QJ0 lba. to doz, 22c lur kes. dry-picked and dr) -packed, fancy, 210 !2c , fair to good, 1Mi20c.. old toms, li'dlOcs ducks, fnncy, In boxes, 17Q1EC, do, ordinary to goo,!, 12JJ1GC ; geese, choice and fancy, 154 tOc.i do.. No. 2, 12011C. FRESH FRUITS Offerings wero only moderate, and prices generally ruled stcudy. but trade was quiet. Quotations Apples, Now York, per ulil rircenlns J2 BOfil 00 Baldwin. 12 r.0fi3.S0, Ben Dnvla. -'23Q2.3 other good eating varieties, J.2 2.MT3 50 medium. JIOI 50 apples. Western, per box $162. apples, Delaware and Fennsyl anli per hamper WMiDOc ; lemons, per box, f 15032.25, oranges. Florida, per box. S2.23ftl, grapefruit. Florida, per box, f 1 25S2; pine apples, per crate Porto nico (2 25f(2.7: Flor ida. 2 2n!i.' DO; etravvbcrrlts, Florida, per quart, lSQSSc VEGETABLES Tho general mraket wag without Important change Quotatlonn White potatoes per bush Pennsylvania, 501; Kc, Maine, 501J5JC , New ork, as to qualiti, 4JS4V , white potatoes, Florida per bbl.-No 1, fl.SOSa, No. 2, J 50 4", sweet potatoes, Delaware per hamper, Large, U.23.31 73. medium. 50c BU, Bueet potatoes, Eastern fahore, per bbl No. 1, 12 23 03 23, No. 2, J1.50-S1 7.1. sweets. Jersey, per bbl.-No. L f).75S4.7S, No. 2, 22.50, sweets, Jersey, per basket, 73o.ei.23, onions, choice, per 100-lb. bag. J1.23ST1 50, do., medium, per 100-lb. bag, 60375c. : onions. Texas, per cum mer-crate, No 1, ll.5O.ai.05: onions. Texas, o. . M-d, caooase, i jor per cummer-crate. No, It ci crate, SSVSOe. I5'a"c. : ka tuce. North Carolina, per basket, per er ba da. -per basket I1SP1.8A. do., croie, oTi.i crate, J1.76S2.: i kale. Deillf h fn pAlfna mm .1a4 fuuiii ubiuihivh uti uaonct. Florida, wax, per basket. $2iQ3 50, ma, green, per Daaket, :ga 23: peas, per basket Florida, 150i2o. South Carolina, large. 12 tuji.'l 50, Houlh Carolina, small, tl 50 i.dij, rKspiBin.. 1 lonaa, per dox, jw j 00 ba CharlffHtnn. nnp 60; cauliflower. Nenv York, per 23; spinach, Norfolk, per bbl . Norfolk, per bbl. SOi830o.! let- vjei; ao., 2. beans. do.. Flor et, TBcii l 252 11 50. d i.tiaii, r. SJffJ.t I cucumbers. Florida, per basket. 13 W4,50, eggplj ' Florida uiuasn. ' Fionaa per basket 15032 23; pep rern. Florida, tier carrier. I2(fi3. beets. Flnr Ida. per 100 bunches J203: fo Charleston, per 100 bunches. I ISC tomatoes, Florida, per carrier Fancy, I2.75i33.23, choice. 11.7582 50: celery. Florida, per crate. 73e.a 11.23, aspara gus, per bunch. 15fi30c, muehjooms. per 4-lbj basket, GOc tjtl.10 Heaviest April Trading Since 1906 Bales of stocks on the New York Exchange In April amounted to 20.007,000 shares, the largest total for any month since January, 11)10, and the heaviest for any April slnoe 1100 Transactions were nearly three times the aggregato In 'March and five times as great as that In February Seen one-mtlllon days were recorded April 10, with a volume of 1,433,000, being the greateat Bond aales for April were alio heavy, being lust short of 1 10,000.000 Not since Decem ber, 1009. when aales counted up to J110. 310 000, have last month's figures been ex ceeded. On Wednesday last sales ran lin to 0,&43.000, the record for the month. r. TO THE HOLDERS OF Two-Year Five Per Cent. Secured Gold Notes DUE MAY 1, 1915 ' OF Missouri, Kansas &. Texas Railway Company The Board of Directors of the Railway Company has today declared effective the Extension Agreement dated April 14. 1015. Holder of rrrelpta for Notes depoalted with May 1, 1818, coupon attached should present the same on or sifter May 1. 1915. to Central Trust Company of New York. Bt Wall Street. Kew York, for payment of the Instalment of Interest then due on said Notes. Coupons for said Instalment of Interest not deposited under the Extension Agreement should bs presented, for payment at the same time and place. Deposit receipts and coupons -when presented should be accompanied by certificates of ownership as required by the Internal Revenue Department under the Federal Income Tax Law, ( Holders of receipts upon surrender thereof to the Depositary will be entitled to reielve Notes duly extended as In the Extension Agreement provided, to the face amount mentioned In the receipts, with the additional Interest coupons annexed. The time for further deposits has been extended to and Includlnr Mar 4th Mli. Noteholders who have not already done so, should, In their own Interest, de posit their Notes at once with CENTRAL. TRUST COMPANY OF NEW YORK. M WALL STREET. BW YORK CITY, the depoetary named in. Extension Agreement in order to secure the benefits thereof. The prompt co-operation of all Noteholder's will facilitate the plans now being considered by the Director, -which contemnrft. the paj-msnt t all extended Notts at or before maturity. ' New York. April 50. 1910. By order of the Board cf Directors. FRANK TRUUBULU Chairman. C E. 8CHAFF. President 1 Local Half -hourly Sales in in in .id A. M 100 Step Storage. M 'Ul.'.'w 000 Lake Hup Cor 7 ? 40 J ,?r5,fopfd..l0?., 23 Kieo BnMS'i V(" -, ,,iTTl nfd.. L : 200 Lake Riipuor its -- i(Ajin ;... 01H 25 Tonopah Bel. ., ,23 Wiawm . cw .. 4 Reading .....Jiva ;,; .,nA runner. 47 100 Ton 1.1 2UO midwin ... lim U S Steel,, 50 Ton Mln 43 Fennn. . . 3 Ton Mln., , 100 l'hlla, Co. . 100 U a Steel . 100 IF 0.1 v y a Steel.. JJl MJ H''v!n Expio bf M1 10 Eie? btorago, '?. ...MSA? fcS?;j ., i-,y -v ...,,- . 5ii i ':- kiu T 3-18 100 B.ee .,. a(fi RALLY IN WHEAT AFTER DECLI Yesterday's Sales for ExtJ Trade Estimated at BOOOOlv jiiisiicia. 200 Weal nieo. ino iwjowin i SUA 100 U 8 Steel. K ."' t"ni ." 72 2l Kieo Btornso s svrr. :. m is a j sRl,"A IiOts "'., ei:: jopw ta, .73-10 100 Baldwin VX) ao.. . 2 Ton -Mln . 20 U 8 8teel lot) do ... . 100 do ... ino Kieo Htornge 10 I'enna Salt.. 10 do..... . loo Pramp t c.. ,17 I'enna JuU , '!? vy ... -v:- ,.-! jnii rj i-amnrin o.c. -.. 20 Ln-kfl Bap Cor iff uw a 530LehWley:;:71T, in innn. 3 U H flteel.. t;s f ' ISU-Kf f TtnirlW.n . IPI?i " V ." ...-. H rjntr mm Am Can . m !. : " i.-i atai 4Vifk v. n., ijikn Bao Cor I1 Xi ""im.... 9 ITU 03 37. 54'i BONDS 1000 i'enna cons 4Ha 1000 20(0 1!n Kwy Inv ,' !!!I!. 201" Un Rwy Inv 8s 10:30 to 11 A. M. 15 Leh V Tr pM 301J JOO U 8 Steel ... 2 lAks Sup Cor 8 100 do.... .. 10 Blee Storage. Mfi 10 . .d0V''"" 100 Lnko Sup Cor 20 do . 10 Pcnna ",. 100 Tonopah Bel. 40 ltfUUWin . t. ueu age Co 100 Lake Sup cor tm An ion ir m i.ie.1 00 7S I'enna ... fl 1M0 100 V a Steel.. . 80, 100 Lnko Sup Cor ' 7B Phlla Co. .. 38. 4 Tonopon ui J i" t?"""-. " '".V." I'X ;. ,.- ii,,n rvr 8U 00 Diea atorago. at?, ii; 'f'0"Xii Mi 10 Baldwin pfd 102., 100 .8l"il" i'if no Tonopah U04 11-lu 1. WeVTniei 100 U H Steel'" WH "i Bnld.vla at 400 OK tiibn tiiin r'r.i TO Leh Valley .71. 100 V W Ton Mln .. 7 3-1(1 100 15 Kieo Slorngc. M 100 BONDS. 1000 Loh N'nA ei n 414s.... 1000 Ih Vnl Coal (is 4000 I'enna cons I'll 1000.. 0000 I'enna cons IMs 10RO . t'000 I'enna cons 4H5 1000. . 10000 Un Itny Inv As 1000 1'ennn cons 4'4s 1000. . 1O0O Am Uns ft Elec 1000 l'hlla Co cons 5s 4000 Leh Vnl Coal Cs Moo I'enna cons 4Hs low.. 7000 I'enna cons 44s 1000. . An. S 8teol. do do fM w Wl'i a ....100 ....IOlH ....101 ....uu ....101 . ... 70 ....101 .... M' .... 81 ....101 101 ....101 g. R S'I 4 11 to 11:30 A.M. OS Kcistono Tel. 15 100 Lake Sup Cor 100 u 8 Steel.. rij4 1110 ao 100 do ft.1 V) do loo do. .. W 10(1 do. ....... "n rhiw Cn ... .is in Tnnorah Bel. 20 U O I . . 8I'4 R Mlnehlll . . BjP. IK An filit r.n Pamhrln Rteel 401 G IPenna Mil-Ill 100 U 8 Sled. .. 8S-' i!i West Elnc 0210.10 100 do w tjiiio Sun nor 8i l( BendlnR in iAnnn niiZ ion irinh Conner. 10 U 8 Steel .. 51 10 Baldwin pfd .102 in nn RO Inn tihlli Tl T t n M irnn.nah"n.l lU im KaiBlnnn Tel 1 100 Amnf Copper. 7f!i 100 Plilla H T t o 4 100 U S Steel . . 50 2 do 04 1 Cambria Sleei U 2T do. ... nb 10 Lake feup Cor 8U 20 Gen Asphalt.. 2, 100 Amal Copper. TVt 100 do.. ..... 2iH 15 US Steel . . 5II 100 IT S Steel. 5RJ4 10 Lake Sup Cor s'i 2." iJiko Sup Cor 8V4 10 U S Steel.. . US BONDS. 10O1 Reading gen 4s .7IVi KOm lh Nav cons 4Us 100 1000 Phlla Co 1st fis 100 . . niv'i v r.. BSI4 .02 1 1000 Spanish Am Iron fis. 1000 Ih Vnl pen conB 4s. 5000 l'hlla Co 1st Os .101 . SOW .100 11:30 A. M. to 12 M. Co.. i West 101 R T t c OU Iwy. .. n2J 3SJ, . .. (Ki. 40 do.. .. .',0)J 10 Phlla Co .... :,sti is rien Asphalt.. 2714 75 Penna 54 W Phlla Co nstj r. Union Trac Hv 5 Ih V Tr pfd rot, 2 Elec Storage, tVMe ICO do Mi? Sli im TT H Rteel. ,'OV nrtj MO Combrla Steel 4!"i 50S 200 Lake Sup Cor 8b on-, inn i,cn Aspnau 21?J 100 Baldwin .... 3S14 10 U S Steel... BONDS. 10O0 Elec & Peop Tr 4s 100 Temia 64 0.10 50 Phlla ino u s steel. n-i-i, ;iu ao 18 Tenna 54i5 1 Ike Sup Cor 2(1 Tonopah Bel. B 100 Tonopnh Bel. lim ao i? in u t ieei lt iko sup cor PMl 17 7.'or & vvi 50 rniia no Am nwy, .. ii.'j fiOO Tonopah Bel. 4j jim u ci oieei .. .11,-3 rylb 50 il'l 100 do 40 do 100 Baldwin . . 11 Iikn feup Cor 100 Baldwin 200 U S Steel . . 100 do . . 100 Bay Cons . . 10 Phlla Co... 21 Ml 6S 7014 COTTON NEW YORK. Slay 1 A weak Liverpool market, tho fnlluio of promised rains to de velop In the Western belt and showers in tho East, where they wro moat needed, resulted In considerable liquidation In cotton this morn ing and tho market, nfter opening steady 3 to 0 points lower, showed a not loss nfter tho llrat few minutes of 7 to 0 points. At the close futures showed declines ranging irom i- to iv nwiniM Alia' 10 2(1 10 no 10.70 10.70 10 05 Yes close May 100S July 10J1 ivmher 10 fCl ICecember ... .10 80 '. in ot .lauuury IV 22 llorch 11.00 Spot l""" High. I.ow. Closo nt ii.iili 11 11 1 10 1 1 10 47 lor.v 10.70 loot 10: 10 00 10.7(1 10.7(1 10.03 10 1.1 10.4 1 10 01 10.71 10.111 10.40 LIVE STOCK QUOTATIONS CHICAGO, May 1 HOGS. Receipts, 11,000: markets 5c. lower: mixed and butchers', J7.S0S 7.76: goo! heavy, I7 4W7 03. rough heavy, X7 1007.13. light, M.40S7 80 plga. 3 WS7 10. bulk, 7 45S7.70. CATTLE Receipts, 200 markets sienoy; neetes, to 1.1 cows and heifers, 37.73: Texans, Jil 25W7 50, calves, fG.50fl8.75 8IIPEP. Receipts, 2000 market. wcik, native and Western, J3 3098 75, lambs. S7.50B11. Reading's May Coal Prices The Philadelphia and Beading Coal and Iron Company, In Its circular quoting prices on anthracite delivered In May at this city and New York, makea the usual advance of 10 cents per ton over the April prices, prices are the soma as a year ago. I CHICAGO, Slay l.-Followlng an ?? break today, whoat prices BtrenBin.JS s. At tha on supporting- ordcra. At the openlnij Stay showed a loss of one cent and im was off c. Dcforo a rally set In ir.' lost another cent, making the loss i1 cents. July also went oft further bntrr covered with May, ending tho ssiiiS nearly two cents higher. mm Favorablo American cron advi. 11 liberal Indian offers served to caussr easier undertone throughout the tTenii Klnsdom. Tho demand Is quiet ?J less urgency from tho Contlnont, In vl..1 of larger shipments expected for tha Ino- -mnnlr "'"COM Thn nrovnlllncr wrrtthnr In t-j, favorable for lato harvestlnir n .Ak ment; offers aro more liberal and ntS . w w.wu .w B..u,. u. nppix.j monts Increase, Sales for tho cxnort tradn wero estimated at EO0.00O bushels ,v?f.' making 2,000,000 bushels for tho lastii.T 1nvo KnUrVIO hllohnto n. -j .."' ...U, wv-,vww uuw...u Will UIIU nusncis oats. ... ,.t fwmifl m Oklahoma reports Its crop condltlonietl wheat at 02, as compared with MM month nrrn nnrl 111 n vau. nn rjLSJ month ago and 93 a year nco. Lending futures ranged ns follows' Wheat Open. High .May 1.02 1.04 July ... l.,14l 1 I17'4 September .. 1.2lt 1.20, will (iioni uiiiicij Mnv 77. " Low. i.wi "rrril "P. tl.28HLS rssi .?i I tllL 1 5 ;-: .( .TlllV September Oats Mny luly . . September Lard Mnv Juiv 5.QW ni September 10 01 ..1011 . .10.57 dm Mnv 10.22 July 10IX) September . 10.00 Pork Maf 17 00 Julv . ... 18 11 September ..18 CO Bid. tAsked. ...i ? 7S! 77U m 5U a U ffi Rljl 50J4 HIV. ss W M M'5 B1W 'Sltl . 48W 40 485 48t jjj 10.20 10 01 10 50 10 M 10 42 10 85 tlO 42 tlSl! 10 07 10.87 10.05 '? CO 10 30 10 23 410 33 10 07 10.011 jjoi7 10 0.1 10.87 10 03 17.70 18.2.1 18.70 Ma IOS?, 10 811 il'57 'U'70 1' 18.15 18 23 til 18.57 18 70 'l CORPORATE FINANCING INCREASED IN APRlfl Total for Month Was Almost Twici as Large as March. .& NEW YOHIC. Mav 1. CornnrafA Sn.nS during April aggregated approximately I1IUI 500,000 This was almost twice tho amountS new Issues sold In March, but less thin Oj totals for both February and JanuarrjAt compired with tho same month last year, tki record month for 1014. It In over llnnniYim. j Uss. Corporate financing for the flrstjoall months nf the current lear Is onlv xsorwviAMil below the total for the same period la'stTHrll and S213.000.O00 below 1013. W The fleurea fnr flnanelnir hv mnnth t&l elusive of Government and municipal berrjt.'! Ings. compares with tho two previous years all IOI1UWB. Fa 1015. 1014. muld January ..$174,000,000 JtCO.000.000 M55.600.W Tbruary . 210,000,000 168,000.000 106.0COOCO March . 71,000,000 100,000,000 150,0tO) Arll ... 141,500,000 234,000,000 118,6C0,W) Total . JG0n,6OO,O00 1683,000 000 8SO.00O,wi truiii i..uiiiirus 01 ine lasi monin s cor porate financing has been for refundlnr tntr- pocs, leaving approximately 150,000,000 tor new work. Since the beginning of the yir,' nearly f 400 000,000 of the total financing lu beer for refunding and little more than 4IC,. 000,000 to raise capital tor new purposes. Be low Is glten tho division by months: a luminaing jiewcsDiru January SK8,ooo,ooo J58OO),tt0 lbruary 170.000,000 4B,000C March 45,000,000 28,00n,Go April 04,000,000 40,500.09) Total M07.000.COO J2OO.500.0M NEW YORK COFFEE MARKET$ M31V YOrlK, aiay 1. Trading was nilet,l tho coffee exchange at the opening, The toes of tho market was steady. Futures decline!! iDoInts. Closing prices showed advances 0(11 to 8 points. Prices follow . . i Today s opening April 7.80B7S.1 -May .... Juno .... July lAugust . fieptcn-ber October .. November December januar iFebruary . . Min.li . .. "7 Bid. Total sales, 12,300 bags NEW YORK icsierairi CI09&SE 7 82W7.S3 ... W I. 0.1IR1I 1.1 11 l.lflXI IN II (W0U.1I n lnsjii.'.'i t.2vgii.2s .... 7.3307.4D 7 42jr7.44 7J7ja ....".... 7 4(l?7.47 7.42S70 7.40 l.Wftl.l 7.47S7H 7.50fl7.O0 711fi7.fill 7.5i1S 7.31 7 .1Sft7.50. 7,S7S1 7.3S7.0t 7,0iri'7.(JI 7.oteTg 7 07M7.1W T.liinil 7.7-fl7.71 7.73I II II 7.7IMI7.S0 7.T1K11J 1 EGGS BUTTER AND May 1 BUTTEIt.-'MarM packaged. NBlf YOniv firm. recolDte. 1121)7 nackaren. Extra. 31&I higher scoring, 31lfl'3:e . State dairy, "SWI Imitation creamery, 21W822C Sp EGGS Market -weak, receipts, 38; 009 paci- n.ii rWtrn flrfilii. 50U,ffrt1n rpfflllar nafkld! drats. lO'iflCOo., regular packed: neirbj whites. 234c.: mixed color, 20621c gathem extra nrsts, -l'.'jc.. storage packed, nrst, -52c, storage packed, nearby browns, 21! VISIBLE SUPPLY OF COTTONl NEW YOItK, May 1 The- statistical pt tlon of cotton is ns touows This week Last week. Last? Vl.lhta annnlv .. 7.100.7711 TftaAOOt A "74.21 Of which Amer'n 5,363.770 5,574,001 3.32L:(1 rnlnl In Bleht 4BS1 April 30 13.84L071 13,623.183 13.82W41 i nest AStjS 274.20 J Commercial Trust Company Quarterly Statement, May 1, 1915. RESOURCES Loans, Demand and Time . . . Corporate Notes Securities Due from Banks and Cash . . . Miscellaneous Resources .... $4,952,428.70 4,118,852.39 4,822,90065 4,065,105.96 128,450.33 $18,087,738.03 Capital . . . . Surplus Undivided.Profits Deposits LIABILITIES $1,000,000.00 1,500,000.60 139,233.96 15,448,504.07 $18,087,738.03 $10,157,761.98 Trust Funds . . Corporate Trusts . $260,192,500.00 Thomas DeWit Cuyler, President John if. Mason, VIco President C. P. Lineaweaver, Vice President H. W. Stehfest, Treasurer Samuel A, Crozer, Secretary Mark Wlllcox, Assistant Treasurer Henry C. Qlbson, Assistant Secretary '1 H. W. Blddle Arthur E. NewboU SldoeyP.TjIer Henry Ttlnall VMIIIita C Sprool Chulloa YarnaJi Wllllim M. Bmett E. W. CUrk L. B. Johuoa Directors Tbomis DjWIH Cayltr CSIuirl Pattcrioa Horatio a Lloyd J. R. McAIIUIcr Cbitltnuriu Tower Robert C. Dftytoa Jobo P, Croier Howtrd S. Ortbira Uirry A. Btrwlod Rudulph Ellis Samuel Res Strnuel T. Bodlae Robert K. Cjit Morris L. Clothier Joba II. Alison John CadwaUder Clement a Newbold Seward Projier Deposit AccounU Solicited Acts as Executor, Administrator, Trustee andQuardlai Safe Deposit Boxes for Rent MJEsWHsssBSa r