a$gSm
EVENING LKDaii?R-PHTLrADBCPHXA FK.IPAY, MAY T, 1915,
O'T
.11 i'ii i r i isar
HARNESS IN STOCK MARKET RESULTED FROM FIRM UNITED STATES NOTE TO GERMANY
IRP REACTION ON
SOMATIC SITUATION
By
HHg Kangeci rrum unC tu
j&Tcn Points Belief Gor-
&WiHNoold'
L ronK, My uwiim win be
K&" ". r the German Government
llST'1""'-' . . 1U. TTtl.,1 HMros
I v New York Stock Sales"!
T t of tho United States
......imi .llsjutcr nnd other sea
IPsL resulting from th0 submarine
'ITof Germany? Thin eeme,l to be
.sHJ"1 . i ..-. i -Vim it the, Ben.
Kfit today, Bn" "" " - -,,
SEi.re was distinct nervousness nil
K the list, which was directly
Sl-by our n0,!l nnd lhe mttrket WRS
,. n.f was expressed that Germany
T mw?' "by th0 flrm d?mAnd"
Tijiane imp" nile and there
jw!'. .'JLivL that she may change the
Y&'l .method of submarine warfare,
X.cme definite reply was re-
wrr ," ,. note It was neiu ui hid
WtH l" tn..nQ:' .i- v.rv unsettled.
a.ijuit aboit ht had been
1-- and It met with general favor.
HSSSL tailneM i mostly on tho
E aide forn the sound of the gonR
. obnlnB, there were no sljrns of
fiffn The activity, however,
-'"?.(, larKest on declines, and business
jrlltM '"!": .! than for some davs
&11 Inl. too, seemed to be of the
. "E'.howInK that accounts that
ISfSot overly strong were being cleaned
"fion the scale down large buying
-e'.L were put out. Indicating that
f,mnif were standing In back of the
K Loises ranged from 1 to 4 points
-Si ih. greatest decline wns In the "war
j!5 well as tlethlehem Steel. Bald
Wind Westlnghouse.
ifitjadari) railroad stocks were under
TSiiiife. Rending. Vnlon Pnclflc it ml
Slin Padnc all being under tho
S.ilbf yestordn In thes. RtocKn. w.th
'A"" A ..a nhln thorn In renorted to
2rntlnued liquidation for German ac-
utoVr on any marked movement, mado
-7?rii k-.ak nf nrnrlv 2 nolnts. part
efVhlch was recovered.
ilMmwed weakness occurred In the aft-
'irnMn session, starting shortly after 1
'clock, on the chnrncter of tho Wnshlng
linew en the United Stales-German
!itiitl6n, dispatches saying that the bcller
bad bn expressed there .that Germany
EWUla not yield to ino nemnnas uei iumi
"J3ik note sent by President "Wilson.
KlV low records were mado for the day
kjJfaMny Issues, looses In some cases
betel stretched to 10 points and over. De
'diats,.n tho standard stocks ranged
iroumt '! points.
Tht copper shares led on the further
Miction. Utah Copper, for Instance, went
W!nerl' two. points despite tho belief
tkll'-'the company's quarterly dividend
Wl b raised from 75 cents to $1 at the
tut wetting of the directors, which oc
efistheyattcr part of tho present month.
lit Street figured that the company, on
thf fcisls ot 13-ccnt copper, was earning
lljout 1! a share, Steel common fell
below W, a loss of more than 3 points,
rwoDe Mexican Petroleum showed n loss
Mforer t points. Bethlehem Steel lost
jifpotnla, as compared with yesterday's
close. There was" an absolute lack of
icmini. The pressure was greater than
itflMted ,ln the transactions. Stocks
W!l4 illghtly at the close from the low
yuiau.v
TJ .chle.f feature In the foreign ex
5wiCinaket was a further decline In
ejcein-on rans to a new low recoru,
inl'.ln ijils connection It was reported
tblfold to the mnouht 'Of- $60,000,000 Is
expected to come to Now York from
Pttjs on the present movement.
B.
MSCiESS CONDITIONS
HERE REMAIN DULL
... . ...... Last cloaa.
Abka Gold Mlnei .... ,!
Alllj-Chslm Mfg 14J
Allls-Chalm Mfg pf ... 40
Amalcamated Cop .... 0(1
Am Agr Chemlcai jqW
4S!l
f2!(
116'e
40f
H4!i
97
PH
Am fleet Kuiir
Am Can
Am Can pt
Am Car ft Foundry
AmCar&Kdypf .
Am Cotton Oil ....
Am Cotton Oil pf.
Am Etpress
Am Hide & Leather
Am Hide &L nf an
Am Ice Secinltiai : 30K
Am Ixromollro 42!
Am Locomotive pf .... 97'
Aml.lnsced jqu
Am Unwed pf 28
Amfjmelt&llaf o4'
Am Smelt & Itef pf . . . 105W
Am Snuff is,)
Am Sugar lteflnlnj ...10.5r
Am Steel foundries ... 3g
AmTol& Tel u
Am Tobacco 2.30
Am Woolen pf gn
Ansconda Copper 3)!
AtchT&SK . 93)f
Atlantic Coast Llna ... 107
HaldwInLoco 44t
IlaldwInLoco pf 100
Iialllmore&Ohlo 7UJ
naltlmoroA Ohio pf .. C0'
iiciniencm steel 135H
iicmicncm steel pf .
Drooklyn Rap Tran
llroolclyn Union Gas
Brown Shoo
DuUo.t Superior....
Cal retroleum
Cal Petroleum pf ...
Canadian Pacific 158
Cent Leather Co 34!
Cent Leather Co pf . . . 102H
Cent It Hot NJ 300
Ches&Ohlo 12
Chlno Copper 4i!H
Chli- Northwest ....124W
Chicago Great West ... lljj
cnuHWest pf
ChlMU&StP
Chilli Is P
Cluett Pea A Co pf .
Cplorado Fuel &I-...
Continental Can ....
Consolidated Gas....
Corn Products Itef ..
Corn Products Ilcf pf
Crucible Steel Co ....
Cuban-Am Sugar ...
Del & Hudson
Den & Itlo Urando pf
Distillers' Securltlej .
DulSS&Atl
F.rle .
Ill
mi
132
27
16!i
30)i
M
90H
23
.10m
. 26
. 01
.123W
. 12'
. 70
. 21W
. m
imi
. 12H
. 13
4J
24!k
Cotton Trade Unsatisfactory; Some,
K Lines Report Improvement.
IWcal trade conditions are about the
tiffle, according to the weekly review of
BJ0. pun & Co. Conditions In the local
tqtiea trade are stlfl unsatisfactory, es-
JKdally since the recent drop In the price
MJw,cptton. Local yurn. dealers report
prices uncertain and but lfttle activity In
wi market. Buyers are cautious nnd
sot inclined to buy except for Immediate
tajta. Some houses report that they
ksve hid the opportunity to place good
!1 orders for late fall delivery, but
te not accepted, as the mills are not
Inclined tft mnlrc nn., nnr.iiilnn
fesarule, knit mills report lack of bus!-
'. although, In some Instances, where
tPSdal. numbers are made In the hosiery
m they report that they are operating
wjnelrfull capacity. The Inability of the
OMaftcturers to obtain dyestuffs is also
t factor In the Drcvnillne dulness. as the
Ph ire afraid to buy ahead, believing
uw;Awlll experience difficulty In obtaining
ejrts. No Immediate chance la looked
15k this line In the near future. The
ol market has developed but little. If
W Chance illlrlnr- hA root wlf Th
gU appear to be well supplied with raw
wUrlU and not Inclined to buy ahead of
iBUnedtftlft .van, a
toert appears to be a difference of opln-
","eBseu as to the condition existing
gLMrdware circles at this time. Some
Sej consulted report that business Is
"SWhat better than during the early
S22 '.tno Present year, while others
(IT. "nlr tt ,alr volume of business be
Wraniacted, Generally speaking, how
Sjr. thosn consulted have a good lm
on of the future outlook. Collec
Sa are showing a little improvement
tcSTv 1Iy at polnts that haVa here
lirfk- V B,mo"c negative,
W$ lumber trade no material change
fji- in Duainess conditions. There are
jfijwt opinions expressed as to the vol-
ii ;u?,ln"'. UelnB transacted, some
?U'ri.'lt&tInir that .lt,.v. ... :
irR!5i. con,lnues unsatisfactory, they
$&,', Eenerally houses which' make
Sr,"s "uch as is required in the build
i3S;. ." Ab a eeneral rule, howeVer,
HS . ."Ported as dull, box lumber
BE&Wpecla ly weak.
f. -
HEAVY HIMC m.n..Tr,..T-o
ipBrATim-i-iT TTTTT..
ii"'a"!y ?tdB,uuu,uuu, tne
gfat of Any Month This Year.
VSSSM'Wtlmatecl bv mmn,l,nt enllmrl.
JHRfiLthere are approximately 1138,000..
lEJfi.'OrpOrate securities maturlnir In
BS?i'be heaviest amount, for any month
A good part of them have
provided for. but there re-
ESir1S!5Ly!a larK?r Items approx.
mKmiLT.,wu or Rational Railways
P& ,.,.W0"J'ear 8 Pr cent, notes and
wes. due June 1. The latter road
S fl5..note holders to extend the
"i:,"1?!: KT: .. .
llilfZX;J"nuxly next month is
Kh'2:0M.W Baltimore and Ohio one
IdrfV' c?nt no'a- These have been
SoiiSli0 tho "cent sale of JIO.OQO,
HMo"i three-year V4 per cent, notes.
mil J u s5' nrst consoiiuatea
Ki ;.Pr cent bonds, due June T.
t sju5 v y tne Dlaware. Laclt-
WM .7 j ". wunsouuiea
ejnil,Vhroueh 'h ' ' a--
S! Vliertlblea n nw nW ) ?KmiVA
.5U June .
;w tht y4r BDDroximatelv K50.-
2 turinK securities have been
' nere is left to be taken
oy about 1150,000,000 of addl-
&tul.,d tJ ... -
.11 wrqpieud nearly two-
wHMicmj: necessary this year
- '5sw amount ot maturuis
m
Krla 1st pf 39i
General Electric 150
General Motors 132M
General Motors pf .... 09
Goodrich 11 F Co 41!a
Great Northern pf ....117
Gt N cfsfororoprop .. 31'j
Guggenheim Kxpl'n ... 561.
Homestakc Mining ....U7H
Illinois Cent I118
Int Agriculture pf It
IntliorvN J H$
Inter-Met vottc 20a
Inter-Met pf 60
International Paper pf . 30
Inspiration Coppor .... 28) i
1 1 Caso Co pf 60
Kan City Southern . .. '251 i
Kan City So pf 50
Kresgo Co 135
KresgeCopf 100
Lack Steel 42
Laclcdo Gas 10UM
Lehigh Valley 139
Lake Erlo & West pf . . 21H
Louis & Nashville 118
MackeyCos pf 00M
Maxwell Motors 40'-j
Max Motors 1st pf 81Jf
MaxMotors2d pf 34K
Mexican Petroleum 71V
Mo Kan & Texas 12)i
MoKanATpr ?0S
Missouri PacUle 13
Montana Power 47
Miami Copper 23'-
National Dlscult 122Ii
Nat Enameling & S.... UH
NatLead 50
NatLead pf 10SM
New York Air Brake... b3
Nevada Con Coppor... 14H
NY Nil ft II 63
New York Central b4l
N Y O&West 27H
Norf&West 102
North American 74
Northern Pacific 104!i
Pacule Tel & Tel 30,'
Pennsylvania 107
Peoples Gas. Chi 116H
Pittsburgh Coal 20H
Pittsburgh Coal pf 00
FlttsCC&StL 70
Pressed Steel Car 12J
Ity Steel Spring 28
Itay Con Copper 22W
Heading 143Ji
Reading 2d pf 81
Itep Iron & Steel 2tilj
Hep Iron & Steel pf .... &!)
Hock Island Co H
Hock Island Co pf H
Humely M Co
Itumely M Copf
Sears Hoc & Co
Seaboard Air Lino. ...
Seaboard Air Lino pf .
Sloss-ShefS&ICo...,
Southern Pacific
Southern Ky
Southern Ry pf
St Louis Southwestern
StLouls&SF
Standard Milling
StudebakerCo
Studebaker Co pf
Tenneaseo Coppor ....
Texas Co
Texas & Pacific
Third Avenu
Tobacco Prod pf
Union Bag & Paper
Union Pacinc ...
Union Pacific pf.
U S Ind Alcohol
US Realty &Imp...
United Rys Invest ..
United Rys Invest pf
US Rubber
U 6 Rubber Istpf...
USSteel...
USSteelpf
Utah Copper
VaCaroChem
Va Caro Chem pf
Va Iron, Coal fc Coke.
Wabash
Wabash pf
Western Union Tel...
Westlngbouse Electric
Western Maryland...
Wheel & L E 2d pr.
Wlilys Uerland ...
WillyjOTerlandpf.
Wisconsin Central..
Woolworth V W Co .
5M
. 131i
.135
. UK
. 34H
. 34
. 87
. 1CH
f 53
. 16)i
. 7
. 50
. 04
.100
. 31
.120
. 10.
. 50
, 07
. 0
....12 IK
81H
.. 37
.. 30
.. 17
... 31H
... 60H
,..ioejf
.. 53
..105
.. 63ii
.. 3(IH
... 07
.. 42
... H
.. 2
.. 65
83
25
.. 3
..1HH
..100K
.. 32H
..101i
HlKh.
3P
MH
40
GS
51
43W
33
P5
?
112
47
02
8)K
5W
281S
21
42H
03
W(
28V(
04 h
van
150
104
30H
1H
225
81H
31
mi
loo
44 ti
100
71)
fiOK
130
110U
87
124
23
tkM
15
30
157H
34Jt
ltUf
30
AIM
-.Hi
123
11
27H
89
23f
102
25f
53
123li
12i
75
215f
55
147
12'
l.'l
2W
24
39
149
131
0SW
40 i
llll!.'
LOvj
60
118W
107H
17
MM
20Ji
00M
30
28
82
20
58
123H
101
41
100
133M
19
117
66H
40
80
31
m
12'.
20?J
13W
47
23
118
14U
50M
108M
62
14M
C2
Wi
27
102
73
104H
2S
100H
110
20
8S
68
42M
27
22l
142!
80'
:5U
I'M
H
i
5
11U
134
13t
33!f
32
87H
10)i
51
10
5
40
63
98
30U
124
14
Mi
08
5H
123!
81H
36
3SU
10
31
60
10Q
5214
105
03)i
2UH
'00
33
M
1U
65
88 V4
22M
3
113
100
31H
ma
LflWj elm.
30 30
13
42
13
42
mi mi
50 Al
C9! 40)4
30 3Uf
C4
45
112
43
92
83U
r,
nil.
4ft
112
43
02
83U
5fd
28' 78
28 28
58
93
I)
3B!t
93
0
20't" 20t
OHf fi2
103) 103)(
150 150
10l' 101i
30W SOU
118 118
218 218
8IV4 81
29'f 20 (
06l 98'
100 10ft
39W 41
100 100
i-o'j. oau
f8 US
125 127
11(1 110
84JJ 85)5
121 121
23 23
i8W 58U
Mi lbM
38 38
154)j 154IS
32 U
101 101
300 300
41 41
i0 4 4.l'
124H 124M
10H 10)i
25H 2ft
bH 875
21)$ 2M
102
24
8
New York Bond Sales I INDUSTRIAL STOCKS
102
24
58
1215. 121
12 12
5
20
to
147
75
20)(
147
12)f 12K
12( 12'i !
2)5 2' I
23 23 'I
37) 37)5
145
123
14 ".h
128
07)4 97)5
37J5 30
115 115
20H 20)5
54)5 54 i
HS'i 11S)5
105) 10))i
17 17
01 IU
18'f Mi
B7H u;h
36 30
t0 27
S2 82
24 :5
57' 57 5
1:811 12SH
100 10.1
40 40
9J 09
130!; 137M
10X Mi
115 115
00J5 605S
J5
77
2.1
thl
35
77
29
L3!f
11W 11
29 HI
124 125
40 40
on )'
IB
.. s
20(V
4U000
lotxo
OOlM
s
JVOii
I4tmm
t.VKHI
10
4f0O
lD.VlO
100O
3KI00
BW-0
1000
ttmo
05000
11X100
4000
180(0
toon
SfOO
101MI
0000
swo
icon
sooo
1000
awo
S100O
1000
60O0
two
S.W0.
SrtCOO
31(100
.iooo
.V.Ort
nono
1000
40fH1
won
tft"0
1COO
1000
",om
innn
mm
ixyi
40OO
wm
tn?n
rono
turn
TOf.l
1010
4sn.vifi
40CO
1000
wo
TCOO
4000
rooo
iom
inoo
Mf.n
toon
50C0
laioo
tr.oro
r.'-oo
siooo
101 0
S7COI1I
1,000
15000
-1WO
rfon
u:o
1600
C11OO
IXXKt
loco
1000
loro
MOO
2000
IKIOO
woo
srvw)
poeo
20CO
11000
' t
TCOO
IilOCO
:i40i (i
irioo
L'OOII
snon
1211m
,nro
Kon
:wn
4"M
:;noo
lir.nn
r,io
:rno
:71m
4000
innnii
r,noo
llinro
nnnn
tf'OO
1000
Atlla.Chalmera Rs.
Amer Ar r.n.
Amr Smelt S f...
Amer ti evi 4151... .
Armour Co 44
Atchlscn cv 4s WW . .
Atchlnon cv 49 1000. .
Atln Co Une clt 48..
Unit A Ohio 4a
io cv 4K
io Pun m
Doth Rtidl rM M
ftmnl. Ttan Tf A MA.
nrook vn Elv lit i.li?
cal Oss A Klee 8. . i4 '
-ni iatner let o.. w
Cent rao 1st 4 S7
Ches & Ohio 44 8
Chi II A Q Joint 4... OOH
CM II A 3 iten 4t.... H
Chi B A 5 ref 4.... 0S)i
Chl H A Q Den 4s. . ..!
C M A 61 P cv Bs ret. 105'
High.
..liio
cm
!i05..
Pflti
US
HI
,tnH
pH
SUFFERED SEVERELY
Breaks in Baldwin Locomotive,
Storage Bnttery and Various
Steel Issues.
no
102
100
m
C il A Ht P cv 4'4i.
C M A St T 49
Chl It I A I' 6f
c St V 51 O deb 8. .
Col A Kiuth let 4 ..
Prtl t, Rftlitti Tt 4UH..
Con (in cv n . .. 114U
M A Hud 4 !.... Pii
Del A Huil rfd 4.. . 47H
Uen A mo Or rfd 6.. 47H
T 19 Scur Corp S.... 62
Hrl conv 4a Rr A.... H
Krl conv 4i sr n 68
Krle prior 4i .a 81
llud Stan In 20.,
Ill Cnt 4 1SJ ... .SOU
me cop ev o
Intp cvrot.1i nd (
Intprb Mat 4 Ho
Interb R T ret 8a...
Inter Mer Mar 4't .
Inrt Alrohol 8
Int llnr ot N' J 4U
Jap nr-w !r ta 4Ue
Knn i'lt- 80 let 3 .
Klncn Co Elee it
I.aclede Ohm lat .la .
Lake Snore 349 .
l.lf A M T Be ..
l-ortllDrd B . . .
.- r ..1. -
i.num .Tfupii ,w .... 'T2
Mm Pnl rv, n Rr C.102
Mo Knn ft T lat 4a . . 7
Mn Knn A T 2d 4a . . 0
Mo Tne 4a SO
Mo I'ne cv Si 40
.Mo rr col Ba 1017... 02
Mo 1'ne Sa 100H
J. v Air liraKe cm u.ui
.ICO.
1M
l It lis ret.
.V II 4'JI
.10U
. 8S'
f'H
S'H
oo J
. oat,
. 1104
.100
. i,nf.
X Y C
N Y C
.V Y P A II 4
N Y City 3149 'Bl,
N Y City 4s 1987..
N Y City 4s 1WIS .
N Y City 4a 11180
N' Y Cltv 49 1D8H
N Y Cltv ret 44
N Y Cltv 4V.I 10HI.
N Y City 49 May '17.101
N Y Can ll A P 49 .. 8.T
N Y N ll A II l 110,
N Y nwy adl 89 ... 8"
N Y State 4H 10'
N Y Tel Bon 4)na On
Norf A ft WM
i!0 rv 49 102
Nor I'nc rrlcr 4a 01
do Fen 39 mi
Ore ?hort Line Ss 104
rarinc Tel .'s Oi
I'cnna is I04S n.
do ot I'l IM
Public icrv N .1 Sa... W
Itay Con Cor per 09 til
IleadlnB bhi 4 4'
Rcadlng-Jo.l Ccn la. . . HI
Hepuh Cuba Sa "It IJ
nep ll- A H r,5 .. 02
Itlo Or A W clt 4a.... nni
nook lamntl 4n s
rlo rfrt 4 0;
rto 89 ... :
Pny Stl Hprlnca Sa '31. HI1
Seaboard A I. nd 89...
do tn 4 ',
dn rid 4 ,rJ,
Fonth I'oll 89 Iiij
South I'no rol 4a 7
South I'nc cv 4e....; 81
Ho ov rot 1 l.)9 mn i"'
8U
87iJ
004
imv,
Ofl'4
Vrt'a
lO'JN
ffflt
101
81
80
lOS'i
U7
ttlK
lirj
01
Ittlj
104
117',
117',
I IMI,
87,
South I'ao rM 4a..
Pouth Itwy gon 49 . .
Fouth llwv con SJ
Texas cv Ha ........
Third Ave new 4a...
Third Ave. artl 89. .
Tol Poo A W 4a
Trl-rity 8a
i; S Iluhber fla
r 8 Sttel 8a
V f Stel res 8
Vnlon Pac cv 4a
Wnbaeh 4a
Wibaah lat 8a
Wnb Uny ct sta 4c.
Wab-l Tcr let it 4.
et IClcctrlc 8a . .
VVcat BAM cv 8.1. .
WeBt Plioro rei? 4a. .
West Shore 4a
Wltcon Cent gen 4a .
87H
, ,
.100
. 7fl
. 8rj
. nsL,
.102 V,
. KrjUi
.W2S
. !H1
. .'I'.JW
.1112
-h
1011
.101's
. St.
. i:r,
. S8
P8i ;
.S5
MINING STOCK
TOXOPAH
110
13H
52'
108)5
70
13)5
CO
S'2H
25)4
101
71)5
I02)i
27
105),
113U
19)5
85M
0,H
30
110
13M
53)5
108X
7ft
13)5
10
c2)i
1.5)5
101
71H
102W
2i
105W
11354
10U
85 H
07M
37
Jim Butler
MnoNnmara
Midway
Mlzrnh Kxtenalon .
'Montara
North Star. ....
lonopah Heln.ont ..
Tonopah Bxtenalon
Tonopah Merwer . . .
Tonopah Mlnlnsr . ..
Iteacue Eula
Vcst f.nd
Aaked.
.M
QUOTATIONS
STOPKH.
Hid
SO
; 0:1
in
?8
:. ..II
, 17
ib
OOLDKIEL,I STOCKS. r
A 1n,a
Blue Hull
Ilooth
Ilulldo;
C. O. I)
Comb Frac ..........
Dlamondnolil B B
IDalsy
Klorenre
Qoldfleld Consolidated
Ooldtlold Mergvr
Jumbo Kxtenslon ....
Kouana3
Oro
Canl Ken
Silver l'lck
21 21H
139H 14 IK
SO SJ
24
fc2
H
4
24
M
m nil
133 13 1
13)5 13)5
32)f 33
32 32
85)5 c5)g
10 1U
.SI
10
4U
40
59
08
20
51
10
4K
40
50
Oi
2J
120 120
14 14
46)5 40M
00 03
6)5 5H
121 121)5
SI 81
30 30
38K 38' i
15U 10
31 31
67W 57
105)5 105)4
4W 60U
104V5 104)5
6ll) 61)5
27H 27).
05)( 05)(
38 38
a u
Hi m
64)i 64)(
83)5 86
22f 22M
3 3
llli 111
03W bOlf
3Ui 31)5
101)5 10 1H
'Quoted Ex Dividend
DIVIDENDS DECLARED
Undam ood Typowrltar Company, reTilr
auarterry 1 Pr cent, on common and I per
cent, on preferred, payabl. July 1 to stock o
record Juna 18.
independent Brewing Company, resular qui
terly 4 Pr cant, on preferred, payable May
0p...il0ComP"y?rular mlannul $3 and
.nE,"fraT dTvlaend 0? I5.r payable Jun. 1 to
wht0PbJUdephlVTjtl. and Trust Company,
regular lemlSnnual dividend o : 0 P" "nt..
fvabla June 1 to atock of record May 20.
ontAantal Oil Company, regular Quarterly
M payable June 18 to atocfc of r ecord May 2.
Ur Keflnlog Company, regular aemlennual
IS? payable; June SI. Book cloae June I. ra-
0PPhliadefpbla, Oermantojvn , and NorrHtown
iS'TaV Si'uTO Va' fffS.
SI? 3lUperPci'nr?!'1 paSfifJun'fa.
?eaUtred MO. Bioka cloae May 2a
"giwartnesiul Company 2 Per cent.. Py.
2 pr cent. .
RAILROAD EARNINGS
U5LI8'IUJ1 AND NABHYXbU:-
Fairy Aztec
Kimbeiiy
Nevada Hill .. .
Seavda. Wonder
MHCDbUNEOl'S,
Industrial stocks were ths chief
features of weakness on the local ex
change today, following the deellnos
In the New Tork market. Notwithstanding-
rumors ot rv big United
States Government contract for rlHes.
Baldwin Locomotive brolto nearly six
points, while General Asphalt nnd Elec
tric Storage Battery were down about 3
points apiece. The selling of these shares,
however, was relatively light, and chief
ly confined to odd lots. Union Traction
fell n dollnr on snles of about 100 shares,
while Rapid Transit made a now low
record at 7)J, Cramp Shipbuilding nnd
Cambria Steel lost about a point each
before midday.
Heavy offerings- of United Slates Btoet
drove the shares downward, but al no
time were there any signs of panic. In
fact, brokers commented on the surpris
ing equanimity with which the situation
appeared to be viewed In the financial
districts. Commission houses were
crowded with customers watching the
trend of the market and anxious for the
latest news coming over the wires. Not
a few of these mado small Investment
purchases around the noon low levels.
In the later dealings the market be
came steadier, hut business contracted
sharply, assuming almost nominal pro
portions. The Steel shares rallied moder
ately for a time, but turned weak again
In the last hour. Beading fell sharply
nnd American Ons also suffered, as did
Philadelphia Electric. Cambria extended
Its loss to nearly 2 points when United
States Steol went below CO.
United Obb Improvement lost n sub
stantial fraction. It Is understood tho
company Is Interested In the proposed ex
change of one form of New Hnven bonds
for another Issue. The company Is sup
posed to hold some $18.O0O.CfO 4 per cent.
fiO-ycnr debentures of the Provldenco
Securities Company, and the new plan
Is for an Issue of plain debentures not
secured by mortgage In exchnnge for the
Securities debentures.
MORE COTTON CONSUMED
Census Bureau Report Shows In
crease in April.
WASHINGTON, May 14,-The Census
Bureau. Department of Commerce, today
Issued a report which shows cotton, ".x
cluslve of llntcrs, consumed during April,
613,610 running bales In 191a, compared
with 430.6lf! linles In 1!U4; held ll. manufac
turing' establishments on April 30. 1,831,
03S bnleB In 1915. and l.BTJ.OoS In 1014; antt
In Independent warehouses, 2.S5O.180 bnles
In 1315 nnd 1.333.S95 In 1514, Imports, 54,
473 equivalent 500-pound bales In 1915 and
.12, an In 191 1; exports, Including llnters.
G72.O03 running bales In 1915 and 39S.223
In 1914. Cotton spindles active during
April. 30.933.23iS In 1915 and 31.014.038 In 1914.
I, Inters consumed In April. 36.S03 bales
In 1915 and IM.iWS In 1914; held In manu
facturing establishments, lTO.fili bales In
1915 nnd 99,851 In Kit, and In independent
warehouses, SI, 099 bales in 19)5 and 66,
113 In 1911. Uxported 17.609 bnles In 1915.
Sales in Philadelphia
Tee. Cloae.
200 Amal Coo
411 Anaconda aim..
10 Am Oaa lm
'211 Am Ho ..
020 Dald lw . .. 45H
in n t sua t e or ,''i
Sos cam Stexl 4
20 Uee Slor .... 81V
2."0 Erie 1st pr .... .l
28 oen Asphalt ... 27
80 Interboro Met .. 21M
St fna Co N Am.. 214
870 Lake Sup Corp. ,7Hi
48 Lehlh Nav ...,tt .
18 Lh Valley . .0.1 11-1
bo Uh Val Trsn.. 14
200 Mo raclflc
100 North Cent .. . 84)4
Z"t Nevada cona ..
M7 Pennerlvanla ..
S P4 Rait Mfg. .
24 Pa Steal pTd...
40 rhll So mm pf.
880 Phil KlfC ..T.,
100 P n T
87 do tr ctfs
n Phlla Tr.c ....
208 Ilennina
in so I'ailHo . .
280 Ton Hel
lo Ton Mm
10 Union TucMc . .
a8 IT.Ion Trnf
.14-, IT O I
07.10 1' 8 Steel
11 v 1 A Soft
t Wrstmorel'd "oal ni'i
,188 era mo Pons to .11
nONIip.
Last prev.
pale, lllph.
.W Am Oaa A- El Ss. MJ4 ?8'4
Ii0 Heth Btl ref 8s.. 91', 01
221 Cam Pll icu Mil. is ns
4in7 do HilT 07H 07.
men cltv 4 1012 tog. . I0U4
1P00 Intsrst tlya If. . 87'd 8'
.iiion Ipy lei fat Is III', 0it
1000 Leh V gen en 4 s P0 00
2(00 do gen en His O.i l'0
inro do roil 8a ..lOI'i lni
.100 Phlla r.lr If. 81 80S
1WK! rto 8 . ...10IH lOIVa
10f1 achy It A K !4 4a . . I'7ij
800 Wnlabneh Co So OOH 01
M4
01
, 50
. 40
. 2.14,
8
8
78
71,
it
M
V2'j
82.
411
filth.
(V,
ni
102
211
41
O'.l'i
48
81
38
'28
111
21 H
2i
11
im
12H
84
Mi
MS
01
SO
4l
24
78
71,
3ii
10 7 3
122 .11
82
82'
4SU
01
Ixiw. Close,
08 in
n 30
1(12 102
211 21
40 40
Financial Briefs
.104 :tl"i
40U 404
I0t, fill
a
III 10
S1U '2l'l
O'i H
tlS '!-
on on
14 14
40
V
70
8aji
at
e
40
ia
7(4
78
7M
80l 1
i!'
122
.11
8lti J ,
4H r.nt,
48V? 4t,
01
ao
1.0 tv.
88'i
01
tmi
7
tmij
58
IMH
00
fKI
104
son
101
B7i
01
rloje.
85H
IU
ns
07
10114
8
04 14
ro
to
104
lot
071,
01
Local Bid and Asked
Baldwin
ilo pref
Combrlal Strel
Kleetrlc Ploraae ....
General Xsplmll ....
rto pref ....
Keystone Telefhone
ito t f
do pref
t-ako 8np Corp
I.ehlKh Nnv
Lchlr-li Valley
I.eh Valley Transit...
An pref
IVninxlvanln ... ...
Phlla Klectrle
Phlla Co
rlo 8 per cent pref..
rlo M per c'M prf .
Thlln itapM Transit.
rto t e
Ttradliw
Tonopoli lielmont ....
Tnni.pnh .Mlnlni
Tnlon Traction
Ttilteil tins Imp
V S Ctecl
Vork Itwy
lo pref
Today
Bid. Aalicd.
41) 11
100 101
, 40 17
sits 28
1111- 08
M Uie
11 14,
"' ''5.
. 71 72
, fiSlj cv,
, lit 14
. 'J1" 211
82J 82 18-1'
. 2.14 21'.
, :il4 .'HI
, .'14 1I8
, :'.! 40
7 s
7t N
. 7ni, 7i)ii
I't, 4
7 7 l-lrt
, .10 :uu
. 1 sit;
, 80 8HI4
. 7 S
. SO .12
V,r.4nv
rtld. AakeJ.
inn,
48
81 14
SStJ
118
I4,
I4,
I'l
7'k
7;i's
I1II-,
Is
41
N
8
71t,
ni'
82f,
SiS,
s
;i2
14
lnoii
2414
?.!
1'
1
72W
nnS
1 in
2Si,
2.1'J
.14
III
40
821,
r,n
STATE HANKS MAY ENTER
AND QUIT SYSTEM AT WILL
COTTON
NEW YORK, May 14.-Cotton opened
steady this morning. 5 to 7 points lower.
There wns buying for Liverpool nccount
and Southern houses also were purchas
ers. Liverpool cables came about as had
been expected at tho start, but prices
there lattT worked off.
In tho afternoon futures fell sharply, Decem
ber nnd January ruling IS points; below last
night's tlnal llmirea. Tha cIob found prices
down 15 to 10 polnla.
VC.l.clo-e. upeo. u.iu. ii:.iu. ..to,
11.27 11.211
. .. . 1180 0.42 0.41 0.42 0..I4
n.Sl l).7ll fl.74 0.7H U.lit
.. . .10.01 ii.n't n.oi nan d.m
.. ..10 If) 10.01 n.08 10.00 0.02
10.24
Fcilernl Reserve Board Has Virtually
Decided on This Point.
WASHINGTON, May 14. After consid
eration lasting several months the Fed
eral Re.icrve Hoard hns virtually decided
It will nllow Stntc banks to enter the
Federal Reserve system with the right
to withdraw nnd surrender membership
If they so desire.
This Is regnrded In Washington ns the
most Important decision renehed hy the
board lu many months, and Is believed
to -issure the entrance of hundreds of
strong Stnto Institutions Into the system.
LONDON STOCK MARKET
Uurlng April there was shipped 2,20d,
651 tons of coal over the lines of the
Norfolk and Western.
It Is understood negotiations arc under
way by which Bodell & Co.. of Provi
dence) and Boston, will acquire from the
t'nlted Clas and Klectrle Company of
New Jersey, a subsidiary of the United
Gas and ICIectrlo Corporation of Con
necticut, Its entire holdings of the com
mon stock, of the Hartford City Oa3
Light Company.
The Fourth Street National Bank, has
opened a steamship department In charge
of William II. Kntz. The bank la ngent
for 40 steamship lines.
Members of the New York Coffee Ux
change voted to close Saturday. Mny 29.
A conference l likely to be held In the
near future between ofllcers of the Penn
sylvania Railroad and of the Pennsyl
vania Company which operates the lines
.West, to decide on awarding the con
tracts for new equipment for the Penn
sylvania ssstem. The cost of the entire
equipment, steel passenger cars, freight
cars and locomotives, will bo about J28,
(XO.00O. Kxportn of copper from Atlantic ports,
for the week ended Mny 13, totnled "622
tons; slurp May 1. 13,301; n year ago. l,i.(.
Bids will be received by the Minneapolis
City Comptroller Until May 27, for tl,143,-
000 miscellaneous 4 per cent. 1-30-year
bonds, and for tlOI,"2l.6A M-paytncnt street
Improvement bonds, purchaser to bid at
rate of Interest not to exceed 5 per cent.
An Initial dividend of 2 per cent, was
declared by the Submarine Signal Com
pany. All but approximately tl.500.000 of t25,
000,000 Argentine 6-year 6 per cent, notes
being offered In this country have been
sold.
The American Car and Foundry Com
pany has taken an order for 2000 cars
from the Russian Government, making a
total of 6000 cars placed In this country In
the last few weeks by RusBla.
New York banks gained $233,000 from
tho riubtrcasury yesterday, nnd havo
gained $7,101,000 since last Friday.
The Manatl Sugar Company has sold to
J. .v W. Sellgman & Co, $2,500,010 first
mortgage 6 per cent, gold bonds, replac
ing n mnturlng Issue.
According to llradstreel's exports of
wheat this week were 6,688.000 bushels;
last week, 6.S17.O0O bushels; last year.
.1.730.000 bushels: since July 1. 356.S97.0H0
bushels: year ago, 222,283.000 bushels. Corn
shipments this week, 666,flfO bushels; tast
week. 621,000 bushels; Inst yenr, 21,000
bushels. Corn shipments slncn July 1
amounted to 31.688,000 bushels, compared
with 2,603,000 bushels during tho same
period n year ago.
The reported movements of currency
this week Indicate a gnln In cash by tho
New York banks In excess of $17.3S5,000.
The Rhode Island Locomotive Works
has received a large ordor for brass fuse
.heads, shrapnel and other war goods, and
will start work with 1500 hands ns soon
ns the company's plant Is ready.
I GRAIN UNDISTURBED
BY PRESIDENT'S NOTE
Prices Enscd Off in Final Deal
ings Traders Adopted Con
servative Attitude.
CHICAGO, May 14. - The mArket
opened steady. President Wilson's flrm
nnd strong note to Qermnny had no Im
mediate effect, the traders' ah-tloUSly
awaiting the Germans' reply Opening
prices compared favorably with yester
day's closings. No Important movements
cither way were reco'ded.
In the later dealings May wheat eased
off 14 hnd July lost nearly a cent. Com
and oats also slipped hack.
The prlnclpnl concern of operators ap
l ared to he the authenticity of reports
of damages to crops by the Hessian fly
mid chinch bugs.
Export seaboard Bates reported totaled
100,000 bushels of wheat and 400.000 bush
els of oats. Another report of 240.0OO bush
els of wheat nnd 200,003 bushels of corn
could not be verified. .
In Liverpool the market kept pace with
America. It had a firm undertone. A
smaller percentage of Plates Is being
rerelvcd nnd India shipments are de
laved. Spot remained unchanged. Car
goes were steady.
Traders were perplexed regarding re
cent Ooemmenl purchases, as ths
amount and disposition of ll was beln
kept secret. Prolonged dryness was re
ported from Australia.
A report that the Italian crop would be
36.0fyi,000 bushels was believed to be, ex
aggerated among the operators. 1
Liberal contracts for Juno nnd July
are being made In Argentine upon, more)
promising weather conditions.
t-end'ng future ringed aa follows!
yearn's
Clote, elesa.
Wheat- open
Vav 1..14
Juiv l.nnn
Septit.iher ,. .2(t
, 'orn men- delivery)
May 74
.lulv
September
Oata-
.May
July
Hpptomber
ljinl-
Mny
July ....
feptember
lllba-
Mnv
lulv
September
. ...
July ..
Sepiomlier
i'JS
82
40i
Kith.
1 S.I
1.31'
1
74V.
T71J
7R.
t.en
!.82
tl.82'i 1.88
31'4 I.8TH h.27f. t.SOH
241 1 20H I1.21H U.23
T.14
ft
7.1 t
t7
774
40t? 4(Pl 401 f46
. 0.70
. 0.78
..10.00
10.37
. 10.87
.111. as
.I7.S0
.1B.18
IN. 80
nid. tAnkcd.
0.70
B.77
10 fO
10.37
10 87
10. S3
17.5-0
I'.ln
IS. 811
n.sn
n.iwi
o.M
0.80
B.67
tO.M
10.28 410.2.1
10.4B "10.48
10.70 10.72
17.80 17.80
17.77 17.R8
IS.!.-, 1S.17
0.0T
10.78
I.0T
10.35
10.M
10.82
1T.70
.05
.45
TIMS
TiB.4
LIVE STOCK QUOTATIONS
CHICAGO, May 14.-'IUX18. Receipts. ll.OOOr
market R to 10c. higher; mired and butchers,
7.457.RO; sond heavy, $7.30197.72: rough
Tieavj. n.fl37.28, light. $7.4SfJ7.SS; plg, 6,aa
7.rn: Miik, 7.ro,fi7 7s.
CATTU:. Ileeclpla. 18.0O0. market ateady:
beevea. Id HOC0.08: cowa and helfera, :t.2Stf
S.Bil; Blockers and feeders, $0.8087.00: Texana,
fa 80n7.n0.
aiIEi:i'. Recelpta. soon; market atrnng: na
tive and Weatern. $8.8(198; Jamba, S7.80iail.5O.
NEW YORK BUTTER AND EGGS
N'BW TOniC, Mhv 14.-lil'TTKH. - Market
steady: recclr-ta. lU'V) pkga.; etra. 27We.t
hiaher arorlng, 2itI2Ritc : state dairy, i'lt
27'c Imltntlon creamery. 21fce?2.'c.
Cnr.S.- Market Irregular: recelpta, 17.WO
pha extra Orate, 21141722c., regular raekedr1
nearb v.i,ta, 20f2lr.. regulni packed; mixed
rnlnr 2102.Tjr.. gathered; r'rfgerJtor nrata,
rnrl21'.r . gathered: nearbv browna. 2L'6?23r.;
piirn nrais, 21',Q22c, atoragu packed; flrato.
20it2"ie
May ...
July
October
December
January
March
NENY YORK CURB
Ilroden
nr-Am Tobacco old
Hr-Am Tobacco new
flolilfleld Cone
Oreene Cananea
I.a Itoe
1. V C-al Salea
Nlplfstng
otla Rle'ator
Otla Blevator rref
rtlker-Hegeman
sterling lum
Tobacco Producta
t'nlteil rigar Stores
rolled Cigar Storea pref. .
1'nlted Profit new
World Film
Yukon flold
Bid. Aaked
. 7 H
. 111
. 1H
. 1 7-:
. 20
. H
.MS
. a4
. 714
. 02
5?'
: '
. 02
.mn
. 2a
. 4
. 2i
1W4
17
ll lVj
:io
178
H
7.41J
HI
On
S
87
OH
110
:i
4'i
PHILADELPHIA MARKETS
apot, SI. 87
tound lota. In export .elevator No, J
and May, ll.Mikl.i; No. 2 red
$l.BS'.jffl.03'.4; No. 1 Northern I)u-
GRAIN AND FLOUR
WHKAT. necelpts. 114,073 buah. There
Tcaa little trading, and with lower outaldo nd
...AAa ni ruptlipf. declined 1c. v O nuote.
rf tnt. In cxDort elevator No. 2 red, snot.
11.52(11.33; NO. - I'll witn.
ffTI.'W, lul
red, apot
Wctem.
luth. ti.onsi.6d.
COHN. Hecelpta. 0180 buah. There was
very llttlo doing and prlcea Here nominally un
changed. Quotations: Car lota, tj 1 export ale-"tor-No.
2. apot and May. 7l)8R0o. .Car Iota
for loiat trade, aa to ocatlon-No. a Jellow.
Bl4W'ic.: oteamer yellow. 820IUV4C.; No a
yellow, i4v.flMHaC ; No. 4 yellow, TitaeiHtoc
OAT8. Hecelpta, 61,240 buah. Local trade
was oulet. but prices were well maintained.
SSSlslloni": No. . white. hJl,mttt: atandard
white, OO'Baic; No. .1 white. WfrdCc.
JtVB dull. We Quota at 11.1401.18 per
buah., aa to quality. In export elevator, and al
(1.0O1.10 for email lota of nearby grain In
""Loin. Recelpta, 1760 bbla.; 806.025
lbs In aacka. Trade way slow and the market
was largely imuiiui. . Mx. 4j e; i
in wood: Winter, clear. J6.MyR.IW. do
,.0. 1. ,,
..a,ka TH7 '2rt: no.. OBieni
.ii.iiii. ....-. . . r- .
Kansas, atra gnt. jut; aacKa. ai.".!.";,.
r?te.,t. lute aacV., IT.fW.T3: aprlng flr.t,
Saient. $1 50'7.M;" do., favorlts brands, 8tf
tti
n ,.u m.i1a fntr and iinev Datent. as
B..a. w,j ,,,, ... . v r- .T-"
f25; city mills, raguiar graoea winter, ciear,
WVeil. do" strllght. 1707.23; do., patent.
TlVK'rLOUU wu quiet but steady under
.mall aupplles. We quota nearby and Western
in wood at 6.25B6.W). aa to quality.
PROVISIONS
Tha market ruled steady with m fair Jobbing
demand. Quotatlona. ttty beef. In seta, amoked
and alr-drled. SlS'-Mci Wesltrn bf, In aeta.
smoked. 25i?iie. . city beef, kr.ucklea and ten
Sera? VmoxeS and'alr-drlaJ. aiaaSd Western
beef knuckles and tenders, amoked, 2Ta.Sc. I
bUf hTrairtS3j pork, 'famuy. l.r2!2,
hami. B. P. cured, loose, 13'jl3Uc do.,
skinned, looaa, 12tt12Hc! do. da, amoked.
ia18Ho.; other hame. smoked, city cured, aa
tolirand and rae. lsHOUc. hams, smoked.
Western cured, lUsOHc,. do., boiled, bone
leas. S2843CM picnic shoulders. S..1'. cured,
loose, lOftlOHc; do., amoked. lOglOUci bellies.
In rJckle. according to average, loose, UWW
mil., breakfast bacon, aa to brand and ater
igV, city cured. ial7c.i breakfaat bacon,
Ve;tern cured. leBlfcj lard, Weatern refined,
tlercea. lltfllUc; do. do., tuba, HSUWc.
ird. pur. cTty.TieJtla rendered. In tlercea jflO
lli?o.; lard, pure city, kettle rendered. In tuba.
utmUc
REFINED SUGARS
The market was quiet but firm. Wa quota:
Standard granulated, t).08c.;,nna granulated.
6c; powdered. 6.10c.: confectioners' A. B.60c;
soft grades, M34to.75c.
DAIRY PRODUCTS
DUTTEIt. Demand waa fair and the
market ruled ateady at tha lata decline. Quo
tations 1 Western, fresh, aolld-packed creamery,
fanoy specials. 80c. i axtra, 28c,; extra nrats,
27c. firsts, 26c. ', aeoonda. 248'25c-; ladle
packed, 10821c . aa to quality; nearby prints,
fancy, an-., average extras. 30c.; firsts 2T
29c. tecor.da. 2(C8c. : garlicky, 248'-8c : apo
dal fancy brxnds of prima Jobbing at 35ic
KOr.8. Flno atock waa wall cleaned up
and Dim, but supplies were largely ot unat
tractive atock, which was dull. Quotatlona In
free cases, nearby, extras, Sic. per do. ; ntarby
flrsts. 16.15 per standard case; ntarby current
receipts. 3.3 per case, Weatern. extra Orsts.
16.13 per cass. Jo., flraU, t8.T0SS.8S per case!
Southern. t3.04!6.40 par caae; fancy selected
candied fresh eggs wer lobbed out at 23V27c.
per dox.
CHEKSE-Trade was fair and tha mar
ket ruled Arm under light offerings. Quota
tlona: New York, full cream, choice, new. 1TW
tilTVn; , do da,, fair to good, nw. lUljtflfc.;
do- M X- ISWe,., ..
POULTRY
LIVE. Choice atock aold fairly and val
uea were well suatalned. Quotatlona; Fowls,
17B1S; rooslere, 114H12c.; broiling chickens,
fancy, weighing IfiqS lbs. apiece, 3M(;i.Sc.;
broiling chickens, weighing lttlM ibe. apiece,
aOfraic. turkeys. 13t18c.; durkB. I.tal6c;
aeear, lOflllc; guineas, na to quality, per pair,
80870c.. pigeons, old, per pair, 23fl30c; do,,
younir. per pair. 2Sfi2Sc.
IlItHSSKI). Dealrabla atock aold fairly
and values wero well suatalned under light
offerings. Quotations: Fresh-killed fowls,
12 to box. dry-picked and dry-packed, fancy,
ealecled, 10c. do., weighing 4y(3 lbs. apiece,
18c: do., .iij'64 lbs. apiece, the; do.. 3 lbs.
apiece, lOfflic. , do., under 3 lbs. apiece. 14j
1 Fowls, Ice-packed, Western, 4 lbs. and
over apleco. 17 He ; do., do,, smaller sizes, IHU
lOVsc. Old rooatera, dry-picked, 13tjc. Squabs,
white, weighing 11 to 12 lbs. per doien. J8f
4.80: white, weighing D to 10 Iba. per dos., J3.25
3.60; Jo., do., 8 Iba. per dos., f2.7562.g4; do.,
do., 7 lbs. per doz., 1201.33. do., do., UttOtt lbs.
per doz., Sl.SUtfl 00: dark, $t.fX1.60; amall
and No. 2. II. Frozen poultry Fowls, as to
quality, lOfJlSc. ; chlckenB, dry-picked and dry
packed. In boxes, milk-fed. 31tj.Uk: lbs. to doz..
16c. . do.. 37042 lbs. to doz., 18c; do.. 43047
Iba. to doz., 18c; do.. 48 lbs. to doz., 20c. , uo.,
HO Iba. and over. 21c, corn-fed, 31842 lbs,
to doz.. 10c; do.. 43947 Iba. to doz., 17c. do.,
4S lbs. to doz.. luc. ; do.. 60 Iba. and over, 2Jc.
Chlckena, dry-picked and dry-packed. In bbla.
Weatern, corn-fed. 3 Iba and over, 18c; do,,
do., 4 lbs., neUVic; do., do. 3tt Iba.. 13Hc,;
do., do. 2tifi3 lbs.. HSlJc; broilers. nillk-feJ.
fancy, 181(21 Iba, to box. 2To. ; do., fancy, 2.y2U
Traders Awnitcd Outcome of U. S.
Note to Germany.
LONDON, Mny 11. Americans! on tho
Stock KxcbanKo were listless and turneil
easier today. There wns 11 disposition
to await the outcome of tho nolo the
United Stntes sent to Germany. Canadian
Pacific sagncd. Elsewhere, while busi
ness was quiet, the tone Kenerally was
flrm on Improved war news.
The Bllt-edKcd Issues were dull, because
of the undlKcsted new Issues. There was
llKht Investment buying of home rolls.
Argentine rails received support. Oils,
were dull, but mlnlnsr shares were
steady. The riots ot Johanncsburc; !H
not affect Kaffirs. There was little dolus
in forelKiiers.
The committee is ngaln enforcing; fu'l
restrictions on certain foreign bonds. It
Is requiring that deals he referred to u
subcommittee because previous relaxa
tion of rules had been abused.
BANK CLEARINGS
nank clearlnga to-lay compare with eorro
aronolng day Isatwo y""mt
p-llla J22.in'ol! $24.t2.2R8 2,2i.2'17
llostvn 2H.4'6.H07 26.01.1707 27 SWil2
New York.. .311,878.3117 211.027.7H7 30(,;ill7.8'ii
BALDWIN'S ASKED TO BID
ArcorrtlnK tn a report frnm New York. rVrrP
rentntlea of lhe Servian Government are neKo
tlntlnu lor locomntlves and equipment Tnr n.
new rnllroatl to bo built attar the war from
Sofia, rutlgarla, to the Adriatic. The value or
the order I placed at $20.rOO.OCO, and It Ik
Mid that the Maid win LocomotUt Works has
tpon nsked for bldi.
OfflcerB of the rompany, however, nay they
hnie quoted prlfen on a email numh?r of lcio
motive. f(r Scrvla. but dliclalm any knowl
edge nf tho ncKotiittlons reported.
Humor nlfo hnd It that the United ytaten
nnvprnimnt had nuked for bide on rltlea. but
thlP, too, could not be confirmed.
NEW YORK COFFEE MARKET
NEW VOKK. May
tlie Coffee ICxchanre
lolnta nVoe the final
'lUlet. Prloes follow;
April
May
June
July
AURUSt
September
(Mtobpr
November
December
January
Frbrutry
Marco
nid. inffered.
S-'nles. IfOO bam.
14. OpenlnR futures on
ere unchnnned to .'I
yesterday. Trading a
Today's Yceterday'a
opei.ins;. cioi
7.'.'ttti7 27 !
8.f)2tl3.N 1
8.8Cj8.3 I
. fl.wi-7.on n.tHifin.92 1
.TI.II1
.n.os
. 7.04fl7.11
.47.18
.7.0.1
.7.07
First Mortgage Bonds
TAX FREE IN PENNA.
INCOME TAX FREE
We offer a listed, first mortgage
uuno, lu yieiu uuoul
5J2
The obligation of a company oper
ating the electric llcht nnd street
railway properties In ona of the
largest cities In Pennsylvania.
Write or phone for details
WISTAR & STOKES
Real Estate Trust BIdg.
7.20B7.2S
n.nsfitn.n
n.nR3".(m
r.oiw..c2
MMfl7.m
.1177 00
'.Hiff7 12
r isn? trt
r 207.21 1
RATES FOR MONEY
Call Time.
Philadelphia Vii.. 2,H1
New York 2 02V4 3 flj
L'oston ', . 'JHg
Chicago ,854 4 fl4Ji
Commerrlal paper, three to alx months, Phil
adelphia, B';g4 per cent.
FOREIGN EXCHANGE
NEW YORK. May 14. The) foreign ex
chanae market opened dull In tno early tratl-Irisr-
Pnrls rates reached a new low record.
TI10 sterlings also declined sllshtly. flalea fol
low
Sterling, demand ..
Sterling, cables
Srrancs, cables
Francs, checks
Lire, cabins
Lire, checks ..
Itntchmarka, cabl.B .
Itelchmarka, checka
Today'a Yesterday'a
. .. 4. n 7-l 4.7US
I 7U'i, 4.i'
s.aiv,
3.11J,
8.111 1,
8.02
K2H
V.iJ
n..i2s
8.UIH
8.112
Sound Investments
Harrisburg Light & Power Co.
1ST AND UKF. B 1IONUS
Due AUffURt, 1952
1. Secured on property of com
pany subject to small under
lying Indebtedness.
2. Territory Is woll known,
and Includes the cnpltol of tho
State of Pennsylvania.
3. Free of Pennsylvania Stato
Tax. nnd Interest Is payahle
without deduction of normal In
come tnx.
I. Bantings practically twice
Interest charges.
I'rlce II" nuil Interest, rlrlillni;
nlinut n 120 To.
RlAZIER 6 G. laslViubSf.
April 20. 1019
The filltAHI) TRUST COMPANY, Trustee,
llrimd and Chestnut Streeta,
Philadelphia, Tenn.
Gentlemen:
We bea: to advise you that under nuthorlty
Riven In the mortgage dated January 25th,
11,13, botnecn thla corporation and the Olrard
TruH Company. Trimtrc, securing th" liaua
of H.iMJO.iOii Klrat Serial Slnklni; Fund a per
,-ent. Cild Holds of this Company, we hereby
Blio jou notl-e of call for deineptlon, on an.
gun Int. Iil3, out or the (unrig nov nnda
i,oll In th' Kinking Fund. Honda Noa. 8. 0,
10, 11. 12, 13. 14, 18. til, 17, IS and to. Series
"A," and request that you make payment for
tho said bonds, upon presentation August lat.
KU,',. at the price of 10.1 and Intereat, aa pro
vided In said mortgage.
Itt'spectfiilly,
ST. I.A Wit i:CK I'CI.P IUMDEB
COIIPOIUTION.
DIVIDENDS
T1IK 1.KIIIOII COAI. AND NAVIGATION
COMPANY
Philadelphia. April 28. 1010.
DIV1DKND NO. HO.
The board of managers thla day declared
a quarterly dividend of two per cent. (II
per share), on the capital atock of tha com
pany, payable May 20. 1015, to stockholders
as registered on the books of the company
3 o'clock p. ni.. April so, 1016. Checks will
be mailed tn stockholders who have filed
permanent dividend orders with tha treas
urer. II. V. DAKEn.
Secretary.
French Rank Loses
PAItIS, May 14. The following
cipal Items In the atatemeni of
France for week ending May 6:
,.; '.
Iba. to doi.. :4c: corn-led. fancy. ISftZl lbs. to
doi.. 28c; do., prime, 23030 lbs, to do. 22c.
Turkeys dry-picked and dry-packed, fancy. 21
622c: fair to good. ISSj'JOc : old toma, 1U420C. ;
ducka, fancy. In boxea 17816c, do. ordinary
to good, 12316c; geeee, choice and fancy. 189
16c.; do.. No 2. iSffllc
FRESH FRUITS
Offerings ware only moderate and valuea gen
erally vera wall auatalned, with trade fair quo
tations. Apples. New York, per bbl Greening.
$2.&0ft(l.50; Baldwin, S2.80&4, Ban Davis. 2.23
3.25; other good eating varieties, 12.2533.50:
medium, fid 60; do.. Western, per box, 1S2;
do., Delaware and Pennsylvania, per hamper,
8flT8 . lemons, per box, S2.6O33.S0; oranges,
Florida, per box, I2.2SS-4; grapefruit, Florida,
per box, I2ft.1: pineapples, per crate Porto
hlco. 1.T382.25; Florida. 2.252.SO: straw
berries. North Carolina, per qt 6912c.; do-,
Virginia, par qt., ft&l.V.: do., Eastern Shore
and Norfolk, per qt., BtflOc.
VEGETARLES
The general market waa quiet, with fairly
liberal lofferlnga at tha following quotatlona:
White potatoes, per bush. Pennsylvania, 60
62c; Mains, 50.382c; New York, aa to qual
ity. 33&42C,. white potatoea. Florida, per
bbl.-No. 1, 4. 80413.25; No. 2. 13.6004; sneet
potatoes. Delaware, per hamper Large, 4U.23
fll.73; medium, 60c.(f(l; sweet potatoea, East
ern Shore, per bbl.-No, 1. J2. 2523.28: No. 2.
11.6081. 76; awaeta, Jersey, per bbl.-No. t.
13.7624.78! No. 2. 23.t0; sweats, Jersey, rer
basket. 7Sc.tit.23;i ontona. choice, per ,100
1b. bag, 11.280160; onlona, medium, per ICO
lb. bag. aoaiSc.i onlona, Texaa. par cummer
crate. No. I. Jt-23; onlona. Texas, per cum.
mer cate. No. 2. 00c.fjl; cabbage. Charleston,
per crate, 12.2392.80; cabbage. North faro
Una and Norfolk, per crate. KttV.oO, cauli
flower. South Carolina, per crate. il,S0tj2;
spinach. Norfolk, per bbl., B04J7Sc. ; Vale, Nor-
JOIK. per lkii , oii. , mi. auiih .uro;ins,
. per basket. 78r 4 1.26: lettuce. South Card-
Una, per basket, fltil 80. beans, Florida, wax,
per basket. 1 U)82 28. beans, Florida,, groen,
.pec basket. l 6032.80; peas, per basket
North Carolina, 1101 30. South Carolina, large,
! 11.23! 74; South Carolina, email,' m.Ij;
I eggplant. Florida, per box. 2g3.SO; cucum
1 Ki,ra tnorlda. nr baaket. S2S2.30: Imiiih.
Florida, per baaket. II 50ffl2. peppers. Florida,
carrier, fvi. vvl r iurms
per carrier, 2r-i. . beets, rioriaa, par
oo bunches, S2ces. be sta. 1 naruaton. pr
100 bupebaa, ST. tomatoes, Florida, per
carrier Fancy, I2.73S3: choice. 23ff2.;
Ctiery. fioriaa, per w. iwafi, asparagus.
per Duoen. luvtxuc ,
St, b9.flBa,
muahrocma, per t-lb. EJas-
(Jold
Sliver
Circulation
Oeneral depoalta...
Dllla .llaiounted...
Treaaury depoalta
Adtamea
Extended bills ...
Franca.
. 4,127.l0,(iO0
.176,800,000
.11.718,200.000
. 2.2S1.W0.000
. 220.000,00(1
72.700.00(1
. 680,300.000
. 2, 82 1,2(4). 000
Gold
are the prin
tha Uank of
April 20.
Franca
4,ls,000,(H)0
87,HOO,(U
11,31,800,IHH)
2,:il7,100,lU
2,I3,(0,I'1
ri.iKii.(Kii)
ASO.2tO.UJll
2,3.VI,0t)O.IJoO
Franklin Fire Ins. Co. Transferred
At a meeting of the board of directors of the
Franklin Fire Insurancs Company, held today,
control of the company waa pasaet to Inter
eata IdenilHed with the Home Inaurance Com
pany of New Vork. in accordance with the
terms of the salu previously announced.
BAR SILVER
NEW VORK. May 14. Tha price of commer.
clal bar allver today waa SO cents, with Mer
leun dollars at 3St centa.
NEW VORK METAL MARKET
NF.W YORK. May 14. The metal market waa
unchanged today. Lead, I.17HUI 224c; tin, In
flve-ton Iota, offered at (39.73.
I.KGAI. ADVKKTIHEMKNTH
7-S ESTATK OF AUGUSTA CiOOIIY, I)E.
S' ceaaed Letters of administration on
the above estate having been granted to ths
underalgned, all peraona Indebted to ths aald
estate are requested to make payment, and
1 hose having claims to present ths aame.
without delay, to L1LLIE VKTTElt. or In
her attorney,
43, J. HEPBURN. Esq.,
1218 Chestnut at.
per J. K. TIUMIlbE.
Secretary.
NOTICE IS HEREBY OIVEN THAT AN
application will be made to the Governor ot
tha Stats ot Pennsylvania, on tha .list uay of
May. 1018. by Louis Oreenblatt, Bernard A
Illoway and llenjamlii A. ilaaa, under lbs Act
of Assembly of the Commonwealth of Pennsyl
vania, tntttled 'An XHAa provide for th In
corporation and Regulation ot Certain Corpora
tions." approved April 20. 1x74. and the sup
plements thereto, for the charter of an Intended
Corporation to be called WINELAND-QIL-MOItE
COAL AND COKE COMPANY, ths
"uaractcr and object of which Is to buy. sail
and lease coal-btarlng landa. to mln coal and
manufactuit coke, and to ael! and deal In coal
knd coko generally, and for these purposes to
have, posses) and enjoy a I th "rlilus, bansOta
and jpilvllegaa ot tha said Act of Assembly
14 ft. ""'"""'"JJEAJUCK ft I1AOWAY.
Sollcltora.
Germany In War Time
As Seen by an American
Roland S. Morris, chairman of the Pennsylvania Demo
cratic State Committee, sends from Germany to the Public
Ledger a narrative of his experiences in the Fatherland
during April.
He personally visited Berlin, Hanover, Frankfort, Baden
Baden, Munich and Cologne and vividly describes the
social and economic conditions he encountered.
His attention was directed largely to the question of food
supply and the treatment accorded visiting and resident
Americans by official and non-official Germany.
A keen observer, a writer of vigor aijd finish and an eye
witness with, open and unprejudiced mind, Mr, Morris
article is a most valuable contribution to the news literature
of the day. It will appear in next
SUNDA Y'S
PUBLIC
LEDGER